FEE SCHEDULE
Application Fee:
$1,000.00
Annual Service Fee
.02% (.0002) of outstanding principal to $40,000,000
.01% (.0001) of outstanding principal in excess of 40,000,000
Billed quarterly in advance
Authority Financial Advisor (for borrowers with an underlying rating lower than an "A" category
from Standard & Poor's or Moody's).
.15% (.0015) of principal amount
Minimum Fee: $5,000
Maximum Fee: $30,000
Note: Authority to pay one-half of Financial Advisor Fee except on programs/pools
Authority General Counsel
Firm's standard hourly rates plus out-of-pocket expenses (averages $10,000 - $15,000)
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