Bond Financing Fee Schedule
As of June 14, 2016
$3,000 due on submission of application
Annual Administrative Fee
To be paid in arrears in semi-annual installments and calculated on the principal amount of bonds outstanding:
- For Profit Borrower 8 Basis Points
- Nonprofit Borrowers 7.5 Basis Points
- Maximum Amount of Annual Fees – $50,000
For new money issues receiving Authority final approval by December 31, 2016, Adminsitrative Fees will be waived for six months starting the date the bond issue closes.
Fee Disclosure Statement for The Industrial Development Authority of the County of Maricopa
The complete fee for filing the Application is $3,000, which must be paid at the time the Application is filed.
In addition to the Application fee ($3,000), the Applicant must agree to pay all costs and expenses incurred by the Authority, its Directors, officers, Counsel and agents related to the Bonds or the Project, including, but not limited to, the fees and expenses of the Authority’s Counsel whether incurred before or after the sale of the proposed Bonds. The Authority’s Counsel may require that an Applicant or Guarantor enter into a separate written fee agreement on terms and conditions acceptable to the Authority and its Counsel.