Fee Schedule

Adopted March 24, 2010

Industrial Development Bonds & 501 ( c) 3 Bonds  Application Fees Issuance Fees Annual Fees
Bond Amount at issuance up to $10.0 million $ 1,500 .25% $500
Bond Amount at Issuance > $10.0 million; < $15.0 million $ 1,500 $25,000+0.15% of the amount over $10.0 MM $1,000
Bond Amount at Issuance > $15.0 million; $20.0 million $ 1,500 $32,500 + 0.10% of the amount over $15.0 MM $1,000
Bond Amount at Issuance > $20.0 million $ 1,500 $37,500, plus 0.05% of the amount over $20.0 MM $2,500
Bond Amount at Issuance > $95.0 million $ 1,500 $75,000 $2,500
  • The Application Fee for all Industrial Development Bonds, 501 (c ) 3 Bonds and all other private activity bonds is $ 1,500. This fee is due at time of application and is non-refundable.
  • The Issuance Fee shall be payable upon bond closing.
  • The applicant is responsible for all other costs which could include: bond counsel, underwriter, trustee, rating agency, state agency approval, credit  enhancement and/or insurance or any other parties required to complete the transaction.