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<br />7A <br />Page 6 <br /> <br />C>ur fees for the year 2008 through 2011 will be as follows. The fees represent a slight <br />increase to include the cost of living indexes (approximately 2%): <br /> <br />Audit Year <br /> <br />For the year ending June 30, 2008 <br />For the year ending June 30,2009 <br />For the year ending June 30,2010 <br />For the year ending June 30, 2011 <br /> <br />Amount <br /> <br />$48,150 <br />$49,150 <br />$50,180 <br />$51,225 <br /> <br />The services we will provide will follow the guidelines as outline in the original proposal to <br />the City, except for the TDA audit which the City will no longer need. We would very much <br />like to continue our relationship with the City and stand ready to provide the level of service <br />and commitment for which the City has become accustomed. <br /> <br />If you have any questions, please feel free to call me at our toll-free number (877) 862-2200, <br />ex!:. 126. <br /> <br />Sincerel y , <br /> <br />~~. fax~ <br /> <br />Caporicci & Larson, CP As <br />Oakland, CA <br /> <br />RESPONSE: <br /> <br />This letter correctly sets forth the understanding of the City of Redwood City. <br /> <br />By: <br /> <br />Title: <br /> <br />Date: <br />