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EX]:ffRIT B, BUDGET AND PAYIV~ PLAN <br /> <br /> Pro_Rrmu Budget ~ 1992 to ~ 1993 <br /> Fees <br /> <br /> Program inifi~n fee $5,000~ <br /> <br /> Semi-annual adminism fee '. <br /> City of Pleasanton <br /> <br /> city of ~ton <br /> <br /> Fee for sale of units <br /> city of Pleasanmn <br /> <br /> ~Prognm initiation fee is a one-time fee to coordinate the establishment of a cohesive <br />program of the marketing, fttmncing, sale and resale of affordable housing units. Fee is due <br />upon execution of contract. <br /> <br /> 2Base annual fee of $2,000 will be charged to administer the pwgram. The fee will be paid <br />semi-armugily upon a submitted invoice with a semi-annual report. <br /> <br /> 3All advertising costs and appraisal fees will be submitted to and paid directly by the City <br />as costs are incurz~xl. Payment of other out-of-pocket expenses, such as printing and postage, <br />will be advanced by CKD. CKD will submit a reimbursement r~quest to the City, who will pay <br /> <br /> 4A fee of $5,000 per unit will be charged for each BMP unit sold. Fee will be paid to CHD <br />by the City out of escxow. Fee is to be paid in full on units which are proet,,Ised under this <br />agreement but whose close extends past the terms of this agreement. <br /> <br /> <br />