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EXHIBIT B <br />TO <br />PROFESSIONAL SERVICES AGREEMENT FOR FINANCIAL ADVISOR <br />BY AND BETWEEN <br />THE CITY OF SANTA ANA <br />AND <br />FIELDMAN, ROLAPP & ASSOCIA'T'ES <br />Compensation and Expenses <br />Hourly Compensation <br />For Services and Additional Services referenced in Section 1 and Section 2 of this Agreement, <br />including Services performed prior to the adoption by the City Council, the Consultant, during the <br />term of the Agreement, will be compensated at the then current hourly rates up to and not -to- <br />exceed the total amount of $15,750 if the rating presentation is made in San Francisco, California <br />or $14,750 if the rating presentation is made in Santa Ana, California. The table below reflects <br />the rates in effect as of the date of execution of this Agreement, <br />personnel <br />Honrly Rate <br />Executive Officers .................................................... <br />o....... $300.00 <br />Principals........................................... <br />............................... $290.00 <br />Senior Vice President ........................ <br />............................... $275,00 <br />VicePresidents .................................. <br />............................... $225.00 <br />Assistant Vice President ....... <br />. ....... ............................... $195.00 <br />Senior Associate ............................... <br />............................... $150.00 <br />Associate.......................................... <br />......... —..................... $125.00 <br />Analyst.............................................. <br />............................... $85.00 <br />Administrative Assistants.,, <br />................................. ......... $65.00 <br />Clerical............................................ <br />............................... — $35.00 <br />Hourly Compensation will be billed on a monthly basis <br />Expenses <br />Expenses will be billed for separately and will cover, among other things, travel, lodging, <br />subsistence, overnight courier, conference calls, computer, and fax transmission charges. <br />Advances made on behalf of the City for costs of preparing, printing or distributing disclosure <br />materials or related matter whether by postal services or electronic means, may also be billed <br />through to the City upon prior authorization., Expenses will be capped at $250 unless a decision <br />is made to schedule the rating presentation in San Francisco, There will be two staff members <br />attending the rating presentation on the Consultant's behalf regardless of the location of the <br />presentation. If a decision is made to do the rating presentation in San Francisco, the not -to- <br />exceed expenses will be capped at a total of $1,250 <br />Limiting Terms and Conditions <br />The above compensation is based on completion of work orders within six months of the City's <br />authorization to proceed and valid for the term of the Agreement, and assumes that the City will <br />provide all necessary information in a timely manner. <br />CITY OF SANTA ANANIELDMAN, ROLAPP & ASSOCIATES Exhibit B, Page 1 <br />FRA Project No. 15307 <br />