Anexo

LEGISLATIVE, FINANCE, AND ADMINISTRATION COMMITTEE AGENDA MAY 11, 2015 - 5:30 P.M. CITY HALL COUNCIL CHAMBERS 15 LOOCKERMAN PLAZA DOVER, DELAWARE PUBLIC COMMENTS ARE WELCOMED ON ANY ITEM AND WILL BE PERMITTED AT APPROPRIATE TIMES. WHEN POSSIBLE, PLEASE NOTIFY THE CITY CLERK (736-7008 OR E-MAIL AT CITYCLERK@DOVER.DE.US) SHOULD YOU WISH TO BE RECOGNIZED. AGENDA ADDITIONS/DELETIONS 1. PROPOSED ORDINANCES A. #2015-09 AMENDING CHAPTER 62 - LAW ENFORCEMENT, ARTICLE II - POLICE DEPARTMENT, CHAPTER 106 - TRAFFIC AND VEHICLES, ARTICLE III - STOPPING, STANDING AND PARKING, DIVISION 2 - METERED PARKING, AND APPENDIX F - FEES AND FINES (STAFF RECOMMENDS ADOPTION OF ORDINANCE #2015-09) B. THIRD BUDGET AMENDMENT - RATE STABILIZATION FUND (STAFF RECOMMENDS APPROVAL OF THE PROPOSED THIRD AMENDMENT TO THE BUDGET ORDINANCE) 2. EVALUATION OF PROPOSAL - INVESTMENT BANKING CUSTODY SERVICES (DURING THEIR MEETING OF APRIL 27, 2015 THE COMMITTEE RECOMMENDED THAT STAFF CONTACT ALL RESPONDING BANKS TO REQUEST THEIR BEST AND FINAL OFFERS FOR INVESTMENT BANKING CUSTODY SERVICES FOR A THREE (3) YEAR PERIOD TO START THE DATE OF CONTRACT AND MAY BE RENEWED OR EXTENDED FOR TWO (2) ADDITIONAL TWO (2) YEAR PERIODS BY MUTUAL CONSENT AND APPROVAL OF CITY COUNCIL)(STAFF RECOMMENDS AWARDING THE INVESTMENT CUSTODY SERVICES TO WILMINGTON TRUST FOR A THREE (3) YEAR PERIOD TO START THE DATE OF CONTRACT AND MAY BE RENEWED OR EXTENDED FOR TWO (2) ADDITIONAL TWO (2) YEAR PERIODS BY MUTUAL CONSENT AND APPROVAL OF CITY COUNCIL) 3. ADJOURNMENT BY 7:00 P.M. /TM S:\AGENDAS-MINUTES-PACKETS-PRESENTATIONS-ATT&EXH\COMMITTEE-AGENDAS\2015\05-11-2015 LF&A.WPD THE AGENDA ITEMS AS LISTED MAY NOT BE CONSIDERED IN SEQUENCE. THIS AGENDA IS SUBJECT TO CHANGE TO INCLUDE THE ADDITION OR THE DELETION OF ITEMS, INCLUDING EXECUTIVE SESSIONS.

CITY OF DOVER PROPOSED ORDINANCE #2015-09 1 BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF DOVER, IN COUNCIL 2 MET: 3 That Chapter 62 - Law Enforcement, Article II - Police Department, of the Dover Code be amended by 4 deleting the text indicated in red strikeout and inserting the bold, blue text, as follows: 5 Sec. 62-31. - Generally. 6 (a) Established. There shall be a city police department, which shall preserve peace and order and, 7 within the city limits, compel obedience to all city ordinances, state, and federal laws the law. 8 (b) Officers. The city council shall, upon adoption of the annual budget, designate the number and 9 salaries of the individual police officers who shall comprise the police department. The mayor police chief 10 shall choose and appoint the deputy police chief and police officers. 11 (Code 1968, § 2-32; Code 1981, § 18-1; Ord. of 11-26-1990, § 4) 12 Sec. 62-32. - Chief of police generally. 13 (a) Designation. One of the regular members of the police department shall be designated by the 14 mayor to serve as chief of police. A police chief selection committee comprised of the mayor, council 15 president, chair of the safety advisory and transportation committee, city manager, and human 16 resources director shall advise the mayor on the nomination of the police chief. The mayor shall 17 nominate a duly qualified chief of police, whose appointment shall be effective upon confirmation by 18 the city council. The chief of police shall be subject to removal at any time by the mayor, with the 19 affirmative vote of two-thirds of the members elected to the city council, in accordance with applicable 20 laws. 21 (b) Functions. The chief of police shall have the authority to supervise and direct the police department 22 and, pursuant to such authority, he shall promulgate police department rules and regulations, three copies 23 of which are on file at the police department. 24 (c) Reports. The chief of police shall submit monthly reports to the city council giving the number of 25 arrests and other pertinent information required by the city council. 26 (Code 1968, §§ 2-40, 2-41, 2-44; Code 1981, § 18-1.1) 27 Sec. 62-33. - Oath of police officers. 28 Every police officer, before entering upon his duties, shall be sworn by the mayor to perform his duties 29 faithfully. 30 (Code 1968, § 2-35; Code 1981, § 18-2) 31 Sec. 62-34. - Enforcement of laws and ordinances. 32 It shall be the duty of each police officer to diligently inquire into the observance of the laws and ordinances 33 within the city and, in case of a breach, to cause the offender to be legally proceeded against. 34 (Code 1968, § 2-36; Code 1981, § 18-3)

Proposed Ordinance #2015-09 - Chapter 62 - Law Enforcement and Chapter 106 - Traffic and Vehicles Page 2 35 Sec. 62-35. - Authority to preserve order at fires. 36 The police department shall have the authority, upon an alarm of fire, to report to the scene of a fire to 37 preserve order and render any assistance to the fire department that may be practical. 38 (Code 1968, § 2-38; Code 1981, § 18-4) 39 Sec. 62-36. - Disciplinary authority of chief of police. 40 (a) Generally. The chief of police shall have final disciplinary authority and responsibility within the 41 police department, subject to appeals to the mayor, and shall promulgate and carry out such disciplinary 42 procedures as may be needed within his command. The chief of police shall, where cause exists, have the 43 authority to suspend from duty an employee for a period of time not to exceed 30 days, to reduce employees 44 in rank or pay grade, to place employees on probation and to suspend such sanctions as the need arises, or 45 to dismiss an employee from service. 46 (b) Appeal. Any employee so disciplined has the right to appeal, on the record, to the mayor. 47 (c) Subpoenas. The chief of police, with approval from the mayor, shall, for the limited purpose of 48 compelling the appearance of witnesses before the professional standards board of the city police 49 department, sitting for the purpose of affording due process to members of the city police department in 50 disciplinary matters, have the power to issue subpoenas for that purpose. 51 (Code 1968, §§ 2-42, 2-43; Code 1981, § 18-5; Ord. of 10-28-1985; Ord. of 3-10-1986) 52 Sec. 62-37. - Mayor to advise council of personnel changes. 53 The mayor shall advise the city council of any change in the personnel of the police department at the next 54 regular city council meeting following the change. 55 (Code 1968, § 2-33; Code 1981, § 18-5.1) 56 Sec. 62-38. - Special police. 57 (a) Appointment. Whenever, in the opinion of the mayor, an emergency exists, he shall have the 58 power to appoint one or more special police officers, with all the powers and authority of regular 59 police officers, during the period of the emergency. 60 (b) Term. The special police officers shall not serve for a term of more than 30 days without the 61 approval of the city council. 62 (Code 1968, § 2-34; Code 1981, § 18-6) 63 Sec. 62-38. - Police cadet program. 64 (a) Created; purpose. Due to the continuing safety and security concerns expressed by 65 merchants, patrons, and residents in the downtown area, city council has authorized the 66 Police Cadet Program to maintain a more visible presence in the downtown area. The city 67 manager and police chief shall expand or contract the number of police cadets at their 68 mutual discretion. The objectives of the Police Cadet Program are to:

Proposed Ordinance #2015-09 - Chapter 62 - Law Enforcement and Chapter 106 - Traffic and Vehicles Page 3 69 1. Allow downtown merchants to build a rapport with the police cadets, allowing the 70 police cadets to understand their needs. 71 2. Provide additional patrols to curb loitering, alcohol violations and pan handlers. 72 3. Provide additional patrols to curb noise ordinance violations (loud music from vehicles). 73 4. Provide additional patrols to curb harassment complaints. 74 5. Provide additional patrols in the Dover Public Library. 75 6. Allow the police department to screen and vet the police cadets for future employment 76 as Dover police officers. 77 7. Provide a feeling of safety to the downtown patrons, as well as the downtown 78 merchants. 79 (b) Appointment. The chief of police shall assign the authorized number of duly qualified 80 individuals to the Police Cadet Program. The cadets shall be civilian employees of the 81 police department and shall not be considered law-enforcement officers within the meaning 82 of 11 Del. C. Ch. 92 - Law-Enforcement Officers' Bill of Rights. 83 (c) Authority. The police cadets shall have the authority to issue summonses for violations of 84 any ordinance of the City of Dover. The police cadets shall not have the authority to 85 enforce the Delaware Code or make arrests for violations of the Delaware Code. 86 (d) Oath. Every police cadet, before entering upon his or her duties, shall take an oath to 87 faithfully perform his or her duties. 88 Sec. 62-39. - Sale of property. 89 (a) Authorized. The chief of police shall have the authority to hold a sale dispose of personal property 90 held by the police department for a period in excess of one year, which said personal property shall be 91 unclaimed evidence, lost and found articles, confiscated articles and any other items of personal property 92 which have come into the hands of the members of the police department and have been held for a period 93 of one year, if the owner or owners of the same shall be unknown or said property has been unclaimed. 94 (b) Auction Disposal. The chief of police shall cause to be sold dispose of the said property in 95 accordance with the disposition policy and procedures as established by the City’s Finance 96 Department. at a public auction and shall advertise by publishing notice of said sale in one issue of 97 a newspaper circulated in the city at least ten days before the date of the sale, which said notice shall 98 merely state that a sale of unclaimed personal property shall be held by the police department, giving 99 the date, time and place of said sale without specifying any of the items to be sold. The proceeds of said 100 sale shall be retained by the police department City to be used solely for police pensions as established 101 in Section 62-74(d). of the police department. 102 (Code 1968, § 2-44.1; Ord. of 10-28-1974, § 1; Code 1981, § 18-7; Ord. of 7-14-2003) 103 Secs. 62-40-62-70. - Reserved. 104 BE IT FURTHER ORDAINED: 105 That Chapter 106 - Traffic and Vehicles, Article III - Stopping, Standing and Parking, Division 2 - Metered 106 Parking, be amended by deleting the text indicated in red strikeout and inserting the bold, blue text, as 107 follows:

Proposed Ordinance #2015-09 - Chapter 62 - Law Enforcement and Chapter 106 - Traffic and Vehicles Page 4 108 Sec. 106-163. - Use of meters required. 109 (a) Deposit coin. Upon entering a parking meter zone when the parking meter regulations are in 110 effect, the operator of a vehicle shall immediately deposit the required coin in the parking meter 111 situated at the parking space and operate the meter according to the instructions thereon. Failure 112 to deposit the required coin in the parking meter shall result in a fine as provided for in 113 Appendix F - Fees and Fines. 114 (b) Coins accepted. All parking meters shall be adjusted so that when properly operated, coins may 115 be deposited at any time throughout the time range of the meters, with each coin permitting the 116 vehicle to be parked for a period as provided for in Appendix F-Fees and Fines. 117 (c) Overtime parking. It shall be unlawful for any person to allow a vehicle to remain parked in a 118 parking meter zone for a period of time in excess of that prescribed in subsection (b) of this 119 section for the particular amount deposited. It shall be prima facie evidence of an overtime 120 parking violation when the parking meter shall indicate by proper signal that the lawful parking 121 period has expired. 122 (d) Exceptions. The use of parking meters shall not be required on Sundays and legal holidays. 123 (Code 1968, §§ 31-73, 31-74; Code 1981, § 13-48; Ord. No. 2009-09, 6-22-2009) 124 Sec. 106-164. - Violations; penalties. 125 (a) Generally. Any person convicted of violating the provisions of this division article or of aiding, 126 abetting or assisting in the violation of said provisions shall be sentenced to pay a fine as 127 provided for in Appendix F—Fees and Fines. After the expiration of 24 hours, the violator 128 may pay the sum as provided for Appendix F—Fees and Fines, if payment is made 129 voluntarily prior to the time and date set forth in the summons. 130 (b) Fourth violation. Any person committing a fourth violation within any 30-day period of the 131 provisions of this division within one hour from the time that the summons giving notice 132 of the violation is issued, may pay as provided for Appendix F—Fees and Fines. After the 133 expiration of one hour from the issuance of the summons, the violator may pay each such 134 violation as provided for Appendix F—Fees and Fines, if payment is made voluntarily 135 prior to the time and date set forth in the summons. 136 (c) Fifth violation, etc. Any person committing more than four violations within any 30-day 137 period of the provisions of this division may pay the sum as provided for Appendix 138 F—Fees and Fines, if payment is made voluntarily prior to the time and date set forth in 139 the summons. 140 (d) (b) Enhanced civil enforcement authority. If five or more violations of this article have been 141 issued to a vehicle and those violations are more than 30 days past due, or if accumulated 142 unpaid violations of this article exceed more than $200.00 $100.00, the vehicle shall be 143 subject to enhanced civil enforcement, as follows: 144 (1) Such vehicle found parked on any street in the city shall be immobilized by any police officer 145 or parking enforcement employee of this city in such manner as to prevent its operation. Any 146 vehicle so immobilized or impounded shall not be released to its lawful owner until all 147 unpaid violations and applicable administrative fees issued to such owner have been 148 discharged by payment in full, together with payment for the costs of immobilizing, 149 releasing, and storing such vehicle. The owner shall sign a receipt for such vehicle. Payment

Proposed Ordinance #2015-09 - Chapter 62 - Law Enforcement and Chapter 106 - Traffic and Vehicles Page 5 150 for any such towing shall be in accordance with the towing costs outlined in the current 151 agreement between the police department and the towing operator. If the vehicle is a 152 tractor-trailer combination, the trailer may be released to an authorized agent if the 153 tractor-trailer is immobilized pursuant to this section. 154 (2) In any case involving immobilization of a vehicle pursuant to this section, the police officer 155 or parking enforcement employee shall place on such vehicle, in a conspicuous manner, 156 notice sufficient to warn any individual that such vehicle has been immobilized and that any 157 attempt to move such vehicle might result in damage to such vehicle. 158 (3) Any vehicle remaining immobilized and not released for 120 hours may be towed and 159 impounded at the direction of a police officer or parking enforcement employee. 160 (4) Any person who unlawfully removes a device for immobilization of a vehicle shall be fined 161 as provided for in Appendix F—Fees and Fines. 162 (5) Any person who tows or otherwise moves an immobilized vehicle without authorization by 163 the chief of police or his designee shall be fined as provided for in Appendix F—Fees and 164 Fines. 165 (e)(c) Cost. No cost will be assessed if payment of the penalty as hereinbefore imposed is 166 voluntarily paid without the necessity of a hearing before the proper official. 167 (Code 1968, § 31-77; Ord. of 8-25-1971, § 1; Code 1981, § 13-49; Ord. No. 2009-09, 6-22-2009; Ord. No. 168 2011-22, 9-26-2011) 169 BE IT FURTHER ORDAINED: 170 That Appendix F - Fees and Fines, of the Dover Code be amended by deleting the text indicated in red 171 strikeout and inserting the bold, blue text, as follows: 172 Chapter 106—Traffic and Vehicles, Article III—Stopping, Standing and Parking, Division 1—Generally 173 Sec. Residential parking 174 106-135 Display of an expired sticker while in violation of the two-hour parking limit Subsec. requirement will result in a Expiration; Two-hour parking (i)(1) $15.00 $20.00 fine or $10.00 $15.00 if paid within 72 hours of issuance of such fine Display of a sticker which has become ineligible due to a change of residence, status or any other reason (i.e., sells, leases, lends, etc.) Subsec. while in violation of the Expiration; Change of residence, etc. ..... (i)(2) two-hour parking limit requirement will result in a $15.00 $20.00 fine or $10.00 $15.00 if paid within 72 hours of issuance of such fine

Proposed Ordinance #2015-09 - Chapter 62 - Law Enforcement and Chapter 106 - Traffic and Vehicles Page 6 Any violation of this section not having a stated, specified penalty will result in a Subsec. Violations; penalties ..... $15.00 $20.00 fine or $10.00 (m) $15.00 if paid within 72 hours of issuance of such fine 175 Sec. Parking areas for persons with disabilities 176 106-137 Failure to achieve compliance within 30 calendar days of the issuance Subsec. Signage; Fines ..... of the notice of violation (c)(3) shall be subject to the fines set forth in subsection (f) of this section Whoever violates this section shall be fined not less than Subsec. Penalties ..... the minimum fine as defined (f) in 21 Del. C. § 4183 at the time the violation occurred 177 Chapter 106—Traffic and Vehicles, Article III—Stopping, Standing and Parking, Division 2—Metered 178 Parking 179 Sec. Use of meters required 180 106-163 $20.00 fine or $15.00 if Subsec. Failure to deposit the required coin in paid within 72 hours of (a) the parking meter issuance of such fine Subsec. Coins accepted (b) Permits the vehicle to be Each $0.01 $0.25 coin ..... parked for a period of 12 minutes one hour Permits the vehicle to be parked for a period of 60 Each $0.05 coin $1.00 ..... minutes during the enforcement period of 8:00 a.m. to 5:00 p.m. 181 Sec. Violations; penalties 182 106-164 Subsec. Generally; Each violation if paid within 24 A fine of not less than $1.00 (a) hours from time summons giving notice of for each violation violation is issued ..... Subsec. $2.00 for each violation, if Generally; Each violation if paid after (a) payment is made voluntarily expiration of 24 hours from time summons prior to the time and date set giving notice of violation is issued ..... forth in the summons

Proposed Ordinance #2015-09 - Chapter 62 - Law Enforcement and Chapter 106 - Traffic and Vehicles Page 7 Subsec. Fourth Violation; Each violation if paid $1.00 for each such violation (b)(a) within one hour from time summons giving notice of violation is issued ..... Subsec. Fourth Violation; Each violation if paid $2.00 for each violation, if (b)(a) after expiration of one hour from time payment is made voluntarily summons giving notice of violation is prior to the time and date set issued ..... forth in the summons Subsec. Fifth violation, etc.; Any person $5.00 for each such violation, (b)(a) committing more than four violations if payment is made voluntarily within any 30-day period of the provisions prior to the time and date set of this division ..... forth in the summons. Subsec. $500.00 fine for each Any person who unlawfully removes a (d)(b)( violation device for immobilization of a vehicle ..... 4) Subsec. Any person who tows or otherwise moves $500.00 fine for each (d)(b)( an immobilized vehicle without violation 5) authorization by the chief of police or his designee ..... Subsec. Cost. No cost will be assessed if payment of the penalty as hereinbefore (e)(c) imposed is voluntarily paid without the necessity of a hearing before the proper official 183 ADOPTED: * 184 S:\ORDINANCES\2015\DRAFT\Ordinance #2015-09 Amending Chapter 62 - Law Enforcement.wpd 185 SYNOPSIS 186 The proposed amendments clarify which laws are to be enforced; stipulates that the police 187 chief selects the deputy police chief; creates a police chief selection committee; removes the 188 special police section; establishes the police cadet program; brings the disposal of personal 189 property held by the police department into compliance with existing policies and 190 procedures; updates traffic and vehicle fines and simplifies the language regarding violations 191 and penalties and amends Appendix F - Fees and Fines to correspond with the language 192 changes. 193 (SPONSORS: HARE AND HUTCHISON) 194 Actions History 195 05/11/2015 - Scheduled for Introduction at Legislative, Finance, and Administration Committee

U ACTION FORM U PROCEEDING: Legislative, Finance, & Administrative Committee DEPARTMENT OF ORIGIN: Finance DATE SUBMITTED: 5-11-15 PREPARED BY: Donna Mitchell, Controller SUBJECT: Budget Amendment – Transfer from Rate Stabilization Reserve to Electric Operating Fund REFERENCE: N/A RELATED PROJECT: N/A APPROVALS: City Council EXHIBITS: N/A TIMETABLE: N/A RECOMMENDED ACTION: Staff recommends an additional transfer of $1 million from the Rate Stabilization Reserve to the Electric Operating Fund in fiscal year 2015 to address cash flow requirements. BACKGROUND AND ANALYSIS The City’s financial policy requires the City to maintain operating budget balances at a minimum of 8% up to 12% for cash flow requirements. These requirements are created by the City’s service being rendered prior to billing the customer, so there is a month lag in revenue receipts for the services provided. The 8% equates to a little less than one month of budgeted expenses or to put it another way less than 30 days of cash requirements. There has been some difficulty maintaining sufficient cash balances in the Electric Fund the past two years due to the significant fluctuations in the power supply cost and load during extreme cold or hot months. An example of this would be this past February. The cold weather increased our wholesale load by 8.4 million kilowatt hours over the budgeted load for the month. The budgeted wholesale power supply cost per megawatt hour was $75.19 for February 2015. The actual cost was $105.08 per megawatt hour due to PJM market pricing. In order to pay the weekly PJM invoices, we took temporary advances from other accounts. Staff is recommending an additional transfer from the Rate Stabilization Reserve of $1 million over the $2 million originally budgeted in fiscal year 2015 to address the cash requirements. During the upcoming budget workshops we will be recommending a policy change to require a minimum budget balance of 12% or 45 days of cash requirements for the Electric Fund.

ACTION FORM PROCEEDING: Legislative, Finance & Administrative Committee AGENDA: 05/11/15 DEPARTMENT OF ORIGIN: Finance DATE SUBMITTED: 04/30/15 PREPARED BY: Donna Mitchell, Controller/Treasurer SUBJECT: Investment Banking Custody Services – RFP#15-0019FN APPROVALS: City Council EXHIBITS: Exhibit 1 – REVISED Pricing Calculations & Comparisons EXPENDITURE REQUIRED: Est. $8,290 (fees will vary based on the number of security transactions) AMOUNT BUDGETED: N/A FUNDING SOURCE: Interest Earnings are reported net of fees TIMETABLE: Transfer of Assets from Union Bank to Custodian selected upon contract start date. RECOMMENDED ACTION: Staff recommends awarding the Investment Custody Services to Wilmington Trust for a three (3) year period to start the date of contract and may be renewed or extended for two (2) additional two (2) year periods by mutual consent and approval of City Council. RFP #15-0019FN was issued on November 24, 2014 for sealed proposals to be received January 29, 2015. Five proposals were received. The current proposal calls for a three (3) year period to start the date of contract and may be renewed or extended for two (2) additional two (2) year periods by mutual consent and approved by City Council. As recommended by Committee on April 27, 2015, staff requested best and final pricing from each vendor. The results are as listed in the table below. Credit Ratings Captalization Estimated Name of Bank Headquarters Local Branch Assets Moody's S&P's Fitch Rating Fees Wells Fargo Chicago 3 offices in Dover, DE $1.687 Trillion Aa3 AA- AA- Well $ 13,979 Union Bank New York City None $110.9 Billion A2 A+ A Well $ 5,770 Key Bank Cleveland, OH None $90 Billion A3 A- A- Well $ 10,000 M&T Bank (Parent Company) Buffalo, NY M & T offices in Dover $97.1 Billion A2 A A- Adequate $ 8,040 Wilmington Trust - Proposal Wilmington DE (Requesting Local Vendor Preference - Reduction of $250 on quote of $8,290) TD Wealth Cherry Hill, N.J 2 offices in Dover, De $20 Billion Aa3 AA- AA- Well $ 10,000 The best and final pricing resulted in changing staff’s recommendation from Union Bank to Wilmington Trust.

Legislative, Finance, & Administrative Committee Meeting 5/11/2015 Page 2 of 2 Exhibit 1 Summary Trades 118 Coupons 134 Wires 20 Average Assets 50,000,000 Key Bank TD Bank Bps Charge 0.020% 10,000.00 Bps Charge 0.020% 10,000.00 DTC Trades 3.00 354.00 DTC Trades 0.00 0.00 Other Trades 7.00 0.00 Other Trades 0.00 0.00 Wire Transfers 7.00 140.00 Wire Transfers 0.00 0.00 Base Account Fee 0.00 0.00 Base Account Fee 0.00 0.00 Coupons 0.00 0.00 Coupons 0.00 0.00 Hard Copy Statement 0.00 0.00 Hard Copy Statement 0.00 0.00 Annual Maximum 10,000.00 10,000.00 Annual Minimum 3,000.00 3,000.00 Expected Fees 0.020% 10,000.00 Expected Fees 0.020% 10,000.00 Wilmington Trust Wells Fargo Bps Charge 0.015% 7,500.00 Bps Charge 0.025% 12,500.00 DTC Trades 5.00 590.00 DTC Trades 8.00 944.00 Other Trades 5.00 0.00 Other Trades 0.00 0.00 Wire Transfers 10.00 200.00 Wire Transfers 10.00 200.00 Base Account Fee 0.00 0.00 Base Account Fee 0.00 0.00 Coupons 0.00 0.00 Coupons 2.50 335.00 Hard Copy Statement 0.00 0.00 Hard Copy Statement 0.00 0.00 Annual Minimum 3,000.00 3,000.00 Annual Minimum 10,000.00 10,000.00 Expected Fees 0.017% 8,290.00 Expected Fees 0.028% 13,979.00 UnionBank Bps Charge 0.000% 0.00 DTC Trades 15.00 1,770.00 Other Trades 15.00 0.00 Wire Transfers 10.00 200.00 Base Account Fee 3,500.00 3,500.00 Coupons 0.00 0.00 Hard Copy Statement 25.00 300.00 Annual Minimum 0.00 0.00 Expected Fees 0.012% 5,770.00