HomeMy WebLinkAboutM1984-0774 - 03/07/1984MOTIONS - 3/7/84
6. Appointing the Corpus Christi National Bank as Paying Agent /Registrar for
the $12,500,000 General Improvement Bond sale on March 28, 1984 in
accordance with the following fee schedule:
Acceptance Fee
Original Issuance & Registration
$5,000 per Bond (Bonds issued within 10 days of closing)
Minimum Acceptance Fee $1,000.00
Annual Administration Charge
First $5 million (per million) $ 75.00
Second $5 million (per million) 50.00
Over $10 million (per million) 25.00
Annual Bondholder Maintenance Fee
$6.00 per Bond Transfer
$1.50 per Interest Check
In addition, the agent will be reimbursed for other expenses such as
postage, insurance for shipment of securities and legal fees on an actual
cost basis.
MICROFILMED
M84 -0774