Annual Service Fee. In any year that the Client has bonds outstanding, CCMA will charge an Annual Service Fee of $10,000. CCMA will bill the Client for the Annual Service Fee in December of each year and is payable in January of the subsequent year. Any M

Staff Report & Agenda Item Details

Annual Service Fee. In any year that the Client has bonds outstanding, CCMA will charge an Annual Service Fee of $10,000. CCMA will bill the Client for the Annual Service Fee in December of each year and is payable in January of the subsequent year. Any Municipal Advisory Fees paid in the calendar year (see Section 1 above) can be used as a credit against this Annual Service Fee Client.