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Exhibit "B" <br />Compensation and Fees <br />Service Provider shall determine the amounts of the uniform application and administration <br />fees to be paid by property Owners participating in the Program. Such fees will not exceed <br />the fees below: <br />An application fee of thegreaterof <br />o $2,000.00; or <br />o Amounting to <br />M 1 % of the total project cost of the first $5 million <br />a plus 0.5% of the marginal amount above $5 million and $20 million, <br />and <br />0.25% of the marginal amount above $20 million <br />to be paid as follows: <br />$500.00 per project at the time of application submittal; <br />the balance of the full remaining application fee paid at closing; and <br />A recurring administration fee of 0.08% of the outstanding principal balance, which <br />amount shall be collected by lender and paid to the Services Provider as provided <br />in the Owner Contract and the financing documents. This fee can also be capitalized <br />and paid at closing. If paid under a negotiated regular schedule to the lender by the <br />property owner, the lender shall pay this fee to Services Provider at the time of each <br />payment by the property owner in accordance with the financing documents. <br />• No amounts shall be due by Local Government to Services Provider. <br />PROFESSIONAL SERVICES AGREEMENT PAGE 11 <br />