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Reso 2011-130
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Reso 2011-130
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Last modified
7/25/2011 9:31:14 AM
Creation date
7/13/2011 10:33:31 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
7/5/2011
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8F Consent 2011 0705
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0705
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EXHIBIT 13 <br /> COMPENSATION SCHEDULE <br /> FIXED FEE SERVICES <br /> Financial advisory services in connection with the issuance of debt will be paid as a <br /> fixed fee, contingent on the successful closing of the bonds and payable from bond <br /> proceeds, per the following schedule: <br /> Pension Obligation Bonds $50,000 <br /> Certificates of Participation /Revenue Bonds <$25 million - $40,000 <br /> $25 million to $50 million - $55,000 <br /> >$50 million - $75,000 <br /> Community Facility /Assessment District Bonds <$10 million par - $25,000 <br /> >$10 million par - $45,000 <br /> For other types of transactions or transactions of unusual complexity or duration, <br /> appropriate fees may be negotiated individually. <br /> HOURLY RATE SERVICES <br /> For financial advisory services not related to debt issuance, the following hourly rates <br /> will apply: <br /> Managing Director $325 <br /> Senior Managing Consultant $275 <br /> Consultant $225 <br /> EXPENSES <br /> PFM will be reimbursed for reasonable expenses, including but not limited to, travel, <br /> postage /express mail services, telephone, copying, etc., presented with documentation <br /> and third party receipts. <br /> Consulting Services Agreement between effective July 15, 2011 <br /> City of San Leandro and Public Financial Management, Inc. -- Exhibit A Page 1 of 1 <br />
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