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08-22-22 CC Packet
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08-22-22 CC Packet
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8/16/2022 3:07:07 PM
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City Meetings
Meeting Body
City Council
Meeting Doc Type
Agenda Packet
Date
8/22/2022
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Directed Trustee Services <br />FeeSchedule <br />This document is entered into by client and U.S. Bank National Association (“U.S. Bank”), as trustee. <br />Annual Fees <br />Trust/Custody Fees <br />Fees are calculated on the market value of the assets held in the account at the following rates: <br />.05% first$ 25,000,000 <br />.04% next$ 25,000,000 <br />.03% over$ 50,000,000 <br />Extraordinary Fees <br />Other services performed by the Trustee not specifically mentioned above shall be subject to an extraordinary fee based <br />upon the time and services rendered in performing services. By way of example, services subject to extraordinary fees <br />shall include, but not limited to the following: <br />Employee presentations <br />Proxy services forpass-through voting to participants <br />Follow-up on loan delinquencies and foreclosure proceedings <br />Real estate acquisition, holding, management or disposition <br />Management of individual Guaranteed Investment Contracts <br />Review or amendment of documents <br />Other special services <br />Special reports or schedules <br />Out-of-pocket expenses <br />Tax preparation charges <br />Preparation of non-qualified plan reporting requirements <br />(i.e. Form 1041, Form W-2, etc.), if applicable <br />Payment of Fees <br />Market values used for fee calculations on fee invoices may differ slightly from market values on client statements due <br />to posting of accruals, late pricing of securities and/or other timing issues. <br />Fees are calculated and charged to the account monthly. If account cannot be charged after 30 days, fees not paid <br />will be subject to a late charge of 1% per month on the unpaid balance. <br />Changes to this Fee Schedule may be made at any time by U.S. Bank upon a sixty (60) days notice. <br />Acknowledged and Approved <br /> <br />QBSTQvcmjdBhfodjftQptu.SfujsfnfouIfbmuiDbsfQmbo0Usvtu <br />DjuzpgMbQpsuf <br />NameofPlan/TrustName of Employer <br />DjuzNbobhfs <br />DpsczBmfyboefs <br />Name of Authorized Signer for EmployerTitle <br />Signature of Authorized Signer for EmployerDate <br />U.S. Bank and its representatives do not provide tax or legal advice. Each client’s tax and financial situation is unique. Clients should consult their tax and/or legal advisor for advice <br /> and information concerning their <br />particular situation. <br />VANGUARD-PARS -DIRECTED <br />FEESCH10904.05.2016 <br /> <br />
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