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(b) <br /> <br />(c) <br /> <br />(d) <br /> <br />The "project cost" shall be deemed to include <br />estimated construction cost, estimated or actual <br />payment for the acquisition of existing ' <br />improvements and real property, payments to~other <br />public agencies or utilities, capacity charges, <br />and contingency amounts. The "project cost" <br />shall be deemed to exclude engineering, legal, <br />right-of-way and other consulting or professional <br />fees, inspection fees, bond printing costs, <br />allowance for selling improvement bonds at a <br />discount, and any other incidental expenses of <br />the project. <br /> <br />The legal fee shall be an amount equal to three <br />percent (3%) of that portion of project cost not <br />exceeding $1 million, plus two percent (2%) of <br />that portion of project cost exceeding $1 million <br />but not exceeding $2 million, plus one percent <br />(1%) of that portion of project cost exceeding $2 <br />million. The fee shall not be less than $1,500. <br /> <br />Costs shall be reimbursed to Bond Counsel as <br />follows: <br /> <br />1) The cost of transportation, meals and <br />lodging. <br /> <br />2) The cost of preparing auditor's record, <br />if required: 7 cents per assessment for each <br />year of the bond issue, with a minimum of <br />$30.00. <br /> <br />3) The cost of long distance telephone <br />calls: at billed cost. <br /> <br />4) The cost of photocopying: 10 cents per <br />sheet. <br /> <br />The cost of other services for which Bond Counsel <br />makes arrangements under this agreement (such as bond <br />printing costs) shall be billed to the Client and <br />shall be paid by Client directly to the payee. <br /> <br />Payment by Client of the legal fee is contingent <br />upon the levy of assessments and the sale and <br />delivery of improvement bonds representing unpaid <br />assessments in the assessment district. If for <br />any reason, assessments are not confirmed and <br />bonds delivered, Bond Counsel shall be paid no <br />legal fee. Both the legal fee and costs are <br />payable upon delivery of the bonds. <br /> <br />4. Bond Counsel certifies that it has no interest, <br /> <br /> <br />