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10
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2018
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030618
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3/1/2018 1:52:13 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
3/6/2018
DESTRUCT DATE
15Y
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ATTACHMENT 6 <br /> Discretionary Trustee Fee Schedule <br /> PARS Pension / OPEB Trust Program <br /> This document is entered into by client and U.S. Bank National Association ("U.S. Bank"), as trustee. <br /> Discretionary Trustee Fees <br /> Discretionary Trustee Fees are based on the Investment Strategy you select. Following is a list of the Discretionary <br /> Trustee Fees applicable to each Investment Strategy: <br /> • Liquidity—First American U.S.Treasury Money Market—Fund level fees only(see prospectus) <br /> • Liquidity—First American Prime Obligation Fund Class Z—Fund level fees only (see prospectus) <br /> • Diversified Portfolios (Conservative, Moderately Conservative, Moderate, Balanced,Capital Appreciation, Custom) <br /> Per Annum Charges* <br /> .35% on the first $5,000,000 <br /> .25% on the next $5,000,000 <br /> .20% on the next $5,000,000 <br /> .15% on the next $35,000,000 <br /> .10% on all over $50,000,000 <br /> *Waived for plan assets invested in First American Funds. <br /> Other Fees <br /> First American Funds (see prospectus) 411. <br /> Payment of Fees <br /> • Market values used for fee calculations on fee invoices may differ slightly from market values on client statements <br /> due 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 /> Public Agencies Post-Employment Benefits Trust <br /> Name of Plan/Trust Name of Employer <br /> Print Name of Authorized Signer for Employer Title of Authorized Signer for Employer <br /> Signature of Authorized Signer for Employer Date <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 and <br /> information concerning their particular situation. <br /> PENSION OPER HM MANAGED bank.: <br /> FEESCH 103 11.20.2017 <br />
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