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Rebates and Discounts <br />It is CourseCo's long standing policy that all rebates and discounts that are earned by the property are passed <br />through 100% to the property. This includes all national accounts that CourseCo had negotiated on behalf of <br />our properties. <br />Accounting <br />Accounting services will be performed at the CourseCo corporate offices in Petaluma, CA. These services will <br />include Financial Reporting and Budgeting, Accounts Payable processing and the preparation and submittal of <br />monthly Financial Statements. By accessing the resources of CourseCo's centralized financial reporting <br />systems, we are able to more accurately and timely gather, report, and analyze revenue and expense data and <br />do so at the lowest effective cost. CourseCo supports numerous public agencies with operational and capital <br />project accounting and reporting and is accustomed to accommodating a range of public requirements and <br />administrator preferences. The proposed fee for this service is $1,750 per month, to be adjusted annually by <br />CPI beginning in year two. If it is determined that this function should be performed locally in Santa Ana, that <br />accommodation can certainly be made, but it will likely cost considerably more. <br />COURSECO PageA-2 <br />I <br />