77-26 Agreement with Wilentz (Bond Attorney).pdf

Emergency, and Tax Anticipation Notes; and the preparation and issuance of General Obligation Bonds. In addition, the Professional is responsible for preparation and/or review of any Preliminary Official Statement and Official Statement of the Township. The Professional is also responsible for the preparation and/or review of any application to the Local Finance Board, and attendance at any related meetings of the Board. (a) The Professional shall perform the services set forth above in addition to those set forth in the Township’s Request for Qualifications and in the Professional’s submission in response annexed hereto as Exhibit A. (b) Any and all work performed pursuant to this Agreement shall be performed to acceptable practices, and standards within the industry and to the satisfaction of the Township. 2. CONSIDERATION The Township will make payment to the Professional for services rendered in accordance with the following schedule: A. For services rendered or in connection with each bond sale, a fee of $3,500.00, plus $1.00 per thousand dollars of bonds issued for the first $15,000,000 of bond issues, and $0.75 per thousand dollars of bod issued for the first $15,000,000 of issued in excess of $15,000,000. If there is more than one (1) series of bonds issued, there will be an additional charge of $2,000 foe each additional series. Time relating to the review of the Official Statement, the continuing disclosure document or other disclosure document will be billed at the hourly rates described in section F below. B. For service rendered in connection with the preparation of each bond ordinance a fee of $600. If the preparation of the ordinance involves consultations, meetings or other discussions that are out of the ordinary, such as attendance at meetings, attention to litigation or other matters described in section F below, there will be additional fees to be charged at the hourly rates of the attorneys in effect at the time of providing the services. The fees for services in connection with the ordinances will be changed periodically during the course of the year. C. For services rendered in connection with each note sale not involving numerous notes, preparation of an Official Statement,

changed periodically during the course of the year. C. For services rendered in connection with each note sale not involving numerous notes, preparation of an Official Statement, complicated arbitrage analysis, investment yioeld restrictions or attendance at the closing, a fee equal to the greater of $0.50 per thousand 2