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CSC Advisors Incorporated Proposal: Housing Financial Analytical and Advisory Services 7. Fee Schedule Housing Analytic Services January 28, 2015 Page 20 of 25 The work on these services would be on an hourly basis, paid monthly. For projects where more than 12 hours would be required, we would provide in writing a not -to- exceed limit to the City for the specific work or phase of work involved. Hourly rates for CSG personnel are as follows. These rates include additional amounts as requested by the City to cover direct and indirect costs. Title CSG Personnel Hourly Rate Chairman Gene Slater $320 Principal Scott Smith, John Hamilton $275 Senior Associate As needed $150 These rates are applicable to 2015 and are adjusted upward by 4% at the beginning of each year, commencing January 1, 2016. We have included in these rates as requested all costs for office overhead, including phones, cellular phones, vehicles, mileage and other direct and indirect costs and have assumed as on prior analytical services for the City that services and discussions for such reviews will be conducted by phone and email. Layering Analysis for an Affordable Multi - Family Project. From our experience working with the City, such review would typically be completed in 3 to 4 weeks depending on availability of borrower information and the cost would not exceed $7,500. Multi- Family Bond Issuance -- — - -- Work as financial advisor on multi- family bond issues is contingent upon bond sale and is paid from funds deposited by the borrower and /or bond proceeds. The fee schedule for such transactions is: Publicly sold negotiated series of bonds: Private placement: $26,000 plus 1 /10 of 1% above $5 million, not to exceed $36,000. For the additional services involved, the fee would be $15,000 higher. H1 1 -1 8 ', 25C -65