Bond Financing Fee Schedule

As of November 4, 2024

Application Fee. The non-refundable fee for filing the Bond Financing Application is $3,000, which must be paid at the time the Application is filed.

Annual Administrative Fee

Unless otherwise agreed to in writing by the Authority’s Executive Director, the Authority shall be paid an annual administrative fee (to be paid in arrears in semi-annual installments and calculated on the principal amount of bonds outstanding), without demand, equal to:

• For Profit Borrowers: 8.0 Basis Points (.080%)
• Nonprofit Borrowers: 7.5 Basis Points (.075%)

The Annual Administrative Fee for any year is capped at $50,000 (maximum).

In lieu of paying an Annual Administrative Fee, the Applicant may propose a one-time upfront fee, to be paid to the Authority at closing, in an amount acceptable to the Authority.

Fee Schedule

The Authority’s Executive Director retains discretion to adjust the Authority’s fees. At the time of filing the Application, the Applicant should discuss with the Authority’s Executive Director, General Counsel and/or Administrator any upfront fee proposal and confirm the existing fee schedule. 

Host TEFRA Hearing Fee

If an Authority representative conducts a public TEFRA hearing and requests approval from the Maricopa County Board of Supervisors related to tax-exempt bonds to be issued by an issuer other than the Authority, a $5,000 fee will be charged for that host TEFRA hearing and approval process. 

Additional Costs and Expenses

In addition, 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, whether incurred before or after the issuance of the proposed bonds.