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Agenda - Council - 08/27/1985
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Agenda - Council - 08/27/1985
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4/15/2025 9:40:05 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/27/1985
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1` 11' QiUnl rain <br />First Trusl Company of Saint Paul Jams A. Ehrenberg <br />First National Bank Bulldlnp a.mar vk. trMW"rt <br />Saint Paul, Mlnnesota 55101 ats all -un <br />' FT_P,ST TRUST COMPANY OF SAINT PAUL <br />PROPOSED FEE SCHEDULE FOR ACTING AS <br />REGISTRAiR AND PAYING AGENT <br />I. Initial Fee: <br />$400.00 <br />' This fee covers the issuance of up to 300 certificates on the <br />original issue only, establishment on our records of the separate <br />rates and maturities for the issue. In the event it was <br />necessary for a Bank official to attend the closing, this cost <br />would be passed on. Coat of attendance at closing would be by <br />appraisal. <br />II. Annual Administration Fee: <br />1 $200.00 per annum to include up to 100 holders <br />$ 2.00 per holder over 100 holders <br />This fee covers preparation and mailing of semi - annual interest <br />1 payments, corresponding with and research for bondholders, <br />maintaining bondholder accounts, providing a copy of transfer <br />journal sheets, replacing lost or stolen certificates and <br />' interest payment checks, examining and passing upon all legal <br />transfers, maintaining stop transfer protection, and maintaining <br />control records. <br />' III. Additional Fees: <br />Issuance of Certificates <br />- $1.25 per certifica <br />Payment of Principal a +. maturity of redemption - $2.00 per holder <br />Plus out -of- pocket expenses such as <br />fees, check stock, travel, lodging, <br />adjustment after one year from the <br />December 12, 1983 <br />postage, insurance, counsel <br />etc. Fees will be subject to <br />original issuance date. <br />Member First Bank System <br />
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