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EXHIBIT B <br />FEE SCHEDULE <br />Contractor is entitled to collect the following compensation to implement the described program(s), but will <br />impose no other fees, charges, or surcharges to the City, borrower, or any other person in connection with <br />the performance of services hereunder: <br />• Annually, Contractor will update their published Fee Schedule, with new rates. These rates will become <br />effective for the City annually, upon notice and provision of published material. The most recently <br />published Fee Schedule is listed as Page 2 and 3 of this Exhibit B. <br />• Public recording and release fees shall be payable by Program borrowers, collected at the time of related <br />service. <br />• An annual fee equal to two thousand, five hundred dollars ($2,500), or one percent (1.0%) of all Program <br />loans held in portfolio, whichever is less shall be payable by the City in each calendar year. Such fee shall <br />reimburse for periodic billing, collection, and posting of borrower payments, issuance of IRS Form 1098 <br />(as applicable), resolution of borrower inquiries or disputes, itemized return of Program capital from <br />repayment, and submittal of monthly activity and account reconciliation reports to City. <br />Exhibit B Fee Schedule to the Services Contract between <br />Impact Development Fund and City of Louisville <br />Page 7 of 13 <br />