8E Consent 2012 0702 - Laserfiche WebLink

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EXHIBIT B COMPENSATION SCHEDULE Consultant shall bill City on a quarterly basis for services rendered on billing rates based on actual hours or unit costs applied towards services as described below: General Program Development and Advancement Continued program design and structure review FTHB & BMR Document and collateral material design, standardization and production FTHB & BMR - staff support Gross projected costs for one time expenses Hours Hour fee Total Cost 2 $160.00 $320 Cost Per General Program Administration (not to exceed amounts) Ongoing Program administrative activities and support Ongoing professional community /sector support and activities Gross projected costs for program administration (annual) Deliverables (cost will vary based on units delivered) Sem ina rs Post purchase workshop Annual monitoring of BMR /FTH B units fee divided and paid quarterly H ome buye r cou nse li ng for BMR and open market purchases Administrative fee for sales BMR transactions- new sales and resales Refinance of BMR and /or FTHB loans Gross projected costs for deliverables (annual) BMRs Sales and Resales — Charge billed to and incurred by seller GROSS PROJECTED ADMINISTRATIVE COSTS $33,065 Costs will varybased on the numberofunits delivered- which is unknown at this time ifactivity is greaterthan anticipated the amount under the contract could exceed the budgeted amount The casts incurred through the resale of BMR units will be paid by the seller, however, certain circumstances (such as a default on the unit) may require that the City to be responsible for paying fees associated with the sale ofthe unit Non -City Potential Fees The fees depicted below may be earned by BAHBA and it's Administrative Arm First Home, Inc. through the representation ofsales and financing of homeowners who mayor may not be utilizing the City's BMR orFTHB Programs. All Program participants are and will be encouraged to utilize their own preferred lender and /or real estate agent and are under no obligation to utilize the real estate sales and financing services offered through First Home, Inc. and its affiliates. Financing related fees Points charged for loans range from 0.75% to 2.5% First and subordinate loan (excluding FTHB loan) processing fee will not exceed $500 depending on the complexity of the transaction File administrative fees forthe first loan and subordinate fee (excluding City loan) will not exceed $1,000. depending on the complexity ofthe file Buyerand Sellerreal estate sales representation All FTH B (non BMR) buyer transactions represented by FHI or its affiliates will be paid and based upon the customary compensation industry standard in the region. Normally paid by the seller and ranging from 2.5% to 3.0% of the purchase price Consulting Services Agreement between July 1, 2012 City of San Leandro and BAHBA -- Exhibit B Page 1 of 1 2 $60.00 $120 $440 per qtr $1,500 $6,000 per qtr $500 $2,000 $2,000 $8,000 Total Projected Cost Per Units Per Unit Cost Category 2 $2,500 $5,000 1 $2,000 $2,000 60 $175 $10,500 25 $125 $3,125 3 $500 $1,500 5 $500 $2,500 $24,625 Total Projected Cost Per Units Per Unit Cost Category 3.00% of sales price Consulting Services Agreement between July 1, 2012 City of San Leandro and BAHBA -- Exhibit B Page 1 of 1