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Res 2006-035
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Res 2006-035
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Last modified
8/2/2006 10:34:15 AM
Creation date
8/2/2006 10:18:33 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2006-35
Date
2/21/2006
Volume Book
166
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<br />CLEARING SERVICES <br />I (No..ppHo""e fa< _riti~ p,,,o"""" a< .,ld throug" 8Mk of Am";,,) <br /> <br />DTC (Book Entry) Eligible (per settlement) <br /> <br />Clearing of a securities trade that settles book-entry through Depository Trust Company <br /> <br />FRB (Book Entry) Eligible (per settlement) <br /> <br />Clearing of a securities trade that settles book-entry through the Federal Reserve Bank's securities transfer system, U.S. <br />Treasuries and Government Agencies. <br /> <br />MBS/ABS and Other Unique Securities (per settlement) <br /> <br />Clearing of a securities trade involving mortgage-backed, asset-backed, private placements, limited partnerships, REMICs, <br />VRAPs, VRDNs, government exports or other non-standard securities, settling through a Bank of America custodian bank or <br />depository. <br /> <br />Physical Securities (per settlement) <br /> <br />Clearing of a securities trade that settles in physical form through a Bank of America custodian bank or depository. <br /> <br />Free Movements (per security) <br /> <br />Securities received/delivered for a safekeeping customer free of payment, with no funds exchanged. <br /> <br />I <br /> <br />OTHER CHARGES <br /> <br />Any special charges (out-of-pocket expenses such as postage, courier charges, etc.) are charged as incurred. <br /> <br />BILLING TIMING <br /> <br />Typical billing cycle is monthly or as specified by sales representative. <br /> <br />Note: *Banc of America Securities LLC (and its successors) is a subsidiary of Bank of America Corporation and is a member <br />SIPC/NASD. <br /> <br />I <br /> <br />Fee Schedule eff7/03 <br />
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