Authority Cost of Issuance Fees

• .0025 on the first $1,000,000
• .0010 on the next $4,000,000
• .0001 thereafter
  
  
• Financial Advisor Cost of Issuance Fee
• $2,500 on the first $1,000,000
• .0002 thereafter
• Minimum fee $2,500 – Maximum fee $10,000

Ongoing Authority Annual Fee of .00125 on the outstanding principal or $3,500, whichever is lower.