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APPENDIX A - FE MS 807 The Bonds to be initially covered under this contract include all issues of tax - exempt bonds delivered subsequent to the errective dates of the rebate requirements, to the extent that any particular issue does not qualify for exceptions to the rebate requirements in accordance with Section 148 of the Internal Revenue Code and related Treasury regulations. The fee for all bonds included in this contract shall be: Description Annual Fees Per Computation Year (1) Base Fee For First Computation Year (General Obligation) $1,800 Base Fee For First Computation Year (Revenue) $2,300 Subsequent Year Fees: General Obligation $600 Revenue $750 (1) A "Computation Year" represents a one year period from the delivery date of the issue to the date that is one year after the delivery date, and each subsequent one-year period thereafter. Therefore, if a calculation is required that covers more than one "computation year," the annual fee is multiplied by the number of computation years contained in the calculation being performed. For example, if the first calculation performed for an issue covers three computation years, the fee for that calculation would be three limes the annual fees stated above. The fee for any Bonds under this contract shall only be payable if a computation is required under Section 148(f)(2) of the Internal Revenue Code of 1986, as amended. In the event that any of the Bonds, comply with an exclusion to the computation requirement as defined by Section 148 of the Internal Revenue Code or related regulations and no calculations were required by First Southwest to make that determination, the specified fee will be waived by First Southwest. For example, certain bonds are excluded from the rebate computation requirement if the proceeds are spent within specific time periods. In the event one of the above - captioned Bonds fulfill the exclusion requirements of the Internal Revenue Code or related regulations, the specified fee will be waived by First Southwest if no calculations were required to make the determination. First Southwest's fees are payable upon delivery of the report prepared by First Southwest, commencing one year after the date of delivery of the Bonds and on each computation date thereafter during the term of the Agreement, unless terminated earlier. The fees for computations of Arbitrage Amount which encompass more, or less, than one full year of investment data performed during the same computation period shall be prorated to reflect the longer, or shorter, period of work performed during that period. I s 4 Manager of the City of Resolution No. 97 -015, authorizing the City Paris, Michael E. Malone, and the County Judge of Lamar County, M• Charles Superville, to execute, on behalf Professional sional S1ervioce Paris With aVertex County of Lamar the agreementto ° collect appropriate Federal Financial Targeted Opportunities, Inc. Councilman Hunt, Participation, was presented. or motion was of thearesol uti on . The motion seconded by Councilman Y carried 7 ayes, 0 nays.