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04-10-1985 Council Agenda
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04-10-1985 Council Agenda
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rust <br />tkSa First t T n Pau <br />First Trust Company of Saint Paul <br />First National Bank Building <br />Saint Paul, Minnesota 55101 <br />I. Initial Fee: <br />$400.00 <br />James A. iranberg <br />Senior eke Pnnlosnf <br />612 291.5032 <br />FIRST TRUST COMPANY OF SAINT PAUL <br />PROPOSED FEE SCHEDULE FOR ACTING AS <br />REGISTRAR AND PAYING AGENT <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. Cost of attendance at closing would be by <br />appraisal. <br />II. Annual Administration^. Fee: <br />$200.00 per annum to include up to 100 holders <br />$ 2.00 per holder over 100 holders <br />This fee covers preparation and mailing of semi- annual interest <br />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 - $1.25 per certifica. <br />Payment of Principal at maturity of redemption - $2.00 per holder <br />Plus out -of- pocket expenses such as postage, insurance, counsel <br />fees, check stock, travel, lodging, etc. Fees will be subject to <br />adjustment after one year from the original issuance date. <br />!Fe <br />December 12, 1983 <br />Member Firsi sank Systern <br />
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