Exhibit 1: Agreement — Alameda City Council, June 2, 2026

CERDA-ZEIN REAL ESTATE, INC 1 Service Provider Agreement Version 10-15-25

SERVICE PROVIDER AGREEMENT
This S
ERVICE PROVIDER AGREEMENT (“Agreement”) is entered into this ____ day of _________ 2026 (“Effective Date”), by and between the CITY OF ALAMEDA, a municipal corporation ( “the City”), and CERDA-ZEIN REAL ESTATE, INC., a California corporation, whose address is 2514 Santa Clara Avenue, Alameda, California 94501 (“Provider”), in reference to the following facts and circumstances:

RECITALS
A. The City is a municipal corporation duly organized and validly existing under the laws of the State of California with the power to carry on its business as it is now being conducted under the statutes of the State of California and the Charter of the City.

B. The City is in need of the following services: residential property management services for the properties identified in Exhibit A attached hereto (collectively, the “Pro perties”). City staff issued a public Request for Proposals on February 2, 2026, and, after a submittal period of thirty (30) days, received five (5) timely submitted proposals. Staff reviewed the proposals, inte
rviewed qualified firms and sele cted the service provider that best meets the City's need for servic
es.

C. Provi
der possesses the skill, experience, ability, background, certification and knowledge to provide the services described in this Agreement on the terms and conditions described herein.

D. Whereas, the City Council authorized the City Manager to execute this agreement on ___________________.

E. The City and Provider desire to enter into an agreement for residential property management services, upon the terms and conditions herein.

AGREEMENT
NOW, T
HEREFORE, in consideration of the forgoing, which are incorporated herein by reference, and for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the City and Provider agree as follows:

1. TERM:

The term of this Agreement shall commence on the 1st day of July 2026, and shall terminate on the 31 day of June 2031, unless terminated earlier as set forth herein.

2. SERVICES TO BE PERFORMED:

Provider agrees to do all necessary work at its own cost and expense, to furnish all labor, tools, equipment, materials, except as otherwise specified, and to do all necessary work included in Exhibit B as requested. Provider acknowledges that the work plan included in Exhibit B is tentative and does not commit the City to request Provider to perform all tasks included therein.

Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 Exhibit 1
1 CERDA-ZEIN REAL ESTATE, INC 2 Service Provider Agreement Version 10-15-25

3. COMPENSATION TO PROVIDER:
a. By the 7th day of each month, Provider shall submit to the City an invoice for the total amount of work done the previous month. Pricing and accounting of charges are to be according to the fee schedule as set forth in Exhibit C and incorporated herein by this reference .

Extra work must be approved in writing by the City Manager or their designee prior to performance and shall be paid on a Time and Material basis as set forth in Exhibit C. b. Compensation for work done under this Agreement, shall not exceed as follows:

FY 26-27 total compensation shall not exceed $278,000
FY 27-28 total compensation shall not exceed $285,000
FY 28-29 total compensation shall not exceed $292,000
FY 29-30 total compensation shall not exceed $299,000
FY 30-31 total compensation shall not exceed $306,000

Total five (5) year total not to exceed compensation for the work is $1,460,000 including contingency.

For clarification purposes, the parties agree and confirm that the above not -to-exceed compensation for the term of the Agreement includes the leasing commissions due and payable to Provider, pursuant to Exhibit C, as such commissions will fluctuate and reimbursement (with no mark-up) of the actual cost incurred by Provider, for the authorized purchase of materials in accordance with City policy necessary to effectuate necessary work included in Exhibit B.

Use of contingency shall be for items of work outside the original scope and require prior written authorization by the City.

4. TIME IS OF THE ESSENCE:

Provider and the City agree that time is of the essence regarding the performance of this Agreement.

5. STANDARD OF CARE:

Provider shall perform all services under this Agreement in a skillful and competent manner, consistent with the standards generally recognized as being employed by professionals in the same discipline in the State of California. Provider represents that i t is skilled in the professional calling necessary to perform all services contracted for in this Agreement. Provider further represents that all of its employees and subcontractors shall have sufficient skill and experience to perform the duties assigned to them pursuant to and in furtherance this Agreement.

Provider further represents that it (and its employees and subcontractors) have all licenses, permits, qualifications, and approvals of whatever nature that are legally required to perform the services (including a City Business License , as needed); and that such licenses and approvals shall be maintained throughout the term of this Agreement. As provided for in the indemnification provisions of this Agreement, Provider shall perform (at its own cost an d expense and without reimbursement from the City) any services necessary to correct errors or omissions which are caused by Provider’s failure to comply with the standard of care provided for herein. Any Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 2 CERDA-ZEIN REAL ESTATE, INC 3 Service Provider Agreement Version 10-15-25
employee of the Provider or its sub-providers who is determined by the City to be uncooperative, incompetent, a threat to the adequate or timely completion of any services under this Agreement, or a threat to the safety of persons or property (or any employee who fails or refuses to perform the services in a manner acceptable to the City) shall be promptly removed by the Provider and shall not be re-employed to perform any further services under this Agreement.

6. INDEPENDENT PARTIES:

Provider hereby declares that Provider is engaged as an independent business and Provider agrees to perform the services as an independent contractor. The manner and means of conducting the services and tasks are under the control of Provider except to the extent they are limited by statute, rule or regulation and the express terms of this Agreement. No civil service status or other right of employment will be acquired by virtue of Provider ’s services. None of the benefits provided by the City to its employees, including but not limited to unemployment insurance, workers’ compensation plans, vacation and sick leave, are available from the City to Provider, its employees or agents. Deductions shall not be made for any state or federal taxes, FICA payments, PERS payments, or other purposes normally associated with an employer -employee relationship from any compensation due to Provider. Payments of the above items, if required, are the responsibility of Provider. Any personnel performing the services under this Agreement on behalf of Provider shall also not be employees of City and shall at all times be under Provider’s exclusive direction and control.

7. IMMIGRATION REFORM AND CONTROL ACT (IRCA):

Provider assumes any and all responsibility for verifying the identity and employment authorization of all of its employees performing work hereunder, pursuant to all applicable IRCA or other federal, or state rules and regulations. Provider shall indemnify, defend, and hold the City harmless from and against any loss, damage, liability, costs or expenses arising from any noncompliance of this provision by Provider.

8. NON-DISCRIMINATION:

Consistent with the City’s policy and state and federal law that harassment and discrimination are unacceptable conduct, Provider and its employees, contractors, and agents shall not harass or discriminate against any job applicant, City employee, or any other person on the basis of any kind of any statutorily (federal, state or local) protected class, including but not limited to: race, religious creed, color, national origin, ancestry, disability (both mental and physical) including HIV and AIDS, medical condition (e.g. cancer), genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, pregnancy, political affiliation, military and veteran status or legitimate union activities. Such non-discrimination shall include but not be limited to all activities related to initial employment, upgrading, demotion, transfer, recruitment or recruitment advertising, layoff, or termination. Provider agrees that any violation of this provision shall constitute a material breach of this Agreement.

9. HOLD HARMLESS:
a. To the fullest extent permitted by law, Provider shall indemnify, defend (with counsel acceptable to the City) and hold harmless the City, its City Council, boards, commissions, officials, employees, agents and volunteers (“Indemnitees”) from and against any and all loss, Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 3 CERDA-ZEIN REAL ESTATE, INC 4 Service Provider Agreement Version 10-15-25
damages, liability, obligations, claims, suits, judgments, costs and expenses whatsoever, including reasonable attorney ’s fees and costs of litigation (“Claims”), arising from or in any manner connected to Provider’s performance of its obligations under this A greement or out of the operations conducted by Provider even if the City is found to have been negligent. If the Claims filed against Indemnitees alleg e negligence, recklessness or willful misconduct on the part of Provider, Provider shall have no right of reimbursement against Indemnitees for the costs of defense even if negligence, recklessness or willful misconduct is not found on the part of Provider.

Provider shall not have any obligations to indemnify Indemnitees if the loss or damage is found to have resulted solely from the negligence or the willful misconduct of the City. The defense and indemnification obligations of this Agreement are undertaken in addition to, and shall not in any way be limited by, the insurance obligations contained in this Agreement. b. As to Claims for professional liability only, Provider’s obligation to defend Indemnitees (as set forth above) is limited as provided in California Civil Code Section 2782.8. c. Provider’s obligation to indemnify, defend and hold harmless Indemnit ees shall expressly survive the expiration or early termination of this Agreement.

10. I NSURANCE:
a. On or before the commencement of the terms of this Agreement, Provider shall furnish the City’s Risk Manager with certificates showing the type, amount, class of operations covered, effective dates and dates of expiration of insurance coverage in compliance with Sections

10.b. (1) through (5). The Certificate Holder should be The City of Alameda, 2263 Santa Clara, Ave., Alameda, CA 94501. Such certificates, which do not limit Provider’s indemnification, shall also contain substantially the following statement:
“Should any of the above insurance covered by this certificate be canceled or coverage reduced before the expiration date thereof, the insurer affording coverage shall provide thirty (30) days ’ advance written notice to the City of Alameda. Attention: Risk Manager.” Provider shall maintain in force at all times during the performance of this Agreement all appropriate coverage of insurance required by this Agreement with an insurance company licensed to offer insurance business in the State of California with a current A.M. Best’s rating of no less than A:VII or Standard & Poor’s Rating (if rated) of at least BBB unless otherwise acceptable to the City. Provider shall deliver updated insurance certificates to the City at the address described in Section 17.f. prior to the expi ration of the existing insurance certificate for the duration of the term of Agreement. Endorsements naming the City, its City Council, boards, commissions, officials, employees, agents, and volunteers as additional insured shall be submitted with the insurance certificates.
_____________
Provider Initials
b. COVERAGE REQUIREMENTS:

Provider shall maintain insurance coverage and limits at least as broad as:

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(1) Workers’ Compensation:

Statutory coverage as required by the State of California , as well as a Waiver of Subrogation (Rights of Recovery) endorsement. (2) Liability:

Commercial general liability coverage in the following minimum limits:

Bodily Injury: $1,000,000 each occurrence
$2,000,000 aggregate - all other
Property Damage: $1,000,000 each occurrence
$2,000,000 aggregate
If submitted, combined single limit policy with per occurrence limits in the amounts of $2,000,000 and aggregate limits in the amounts of $4 ,000,000 will be considered equivalent to the required minimum limits shown above. Provider shall also submit declarations and policy endorsements pages. Additional Insured Endorsement naming the City, its City Council, boards, commissions, officials, employees, agents, and volunteers is required. The Additional Insured Endorsement shall include primary and non-contributory coverage at least as broad as the CG 2010.
(3) Automotive:

Comprehensive automobile liability coverage (any auto) in the following minimum limits:

Bodily injury: $1,000,000 each occurrence
Property Damage: $1,000,000 each occurrence
or
Combined Single Limit: $2,000,000 each occurrence
Additional Insured Endorsement naming the City, its City Council, boards, commissions, officials, employees, agents, and volunteers is required.

(4) Professional Liability:

Professional liability insurance which includes coverage appropriate for the professional acts, errors and omissions of Provider ’s profession and work hereunder, including, but not limited to, technology professional liability errors and omissions if the services being provided are technology-based, in the following minimum limits:
$2,000,000 each claim

Technology professional liability errors and omissions shall include, or be endorsed to include, property damage liability coverage for damage to, alteration of, loss of, or destruction of electronic data and/or information “property” of the City in the ca re, custody, or control of Provider. If not covered under Provider’s Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 5 CERDA-ZEIN REAL ESTATE, INC 6 Service Provider Agreement Version 10-15-25
liability policy, such “property” coverage of the City may be endorsed onto Provider’s Cyber Liability Policy as covered property as follows: cyber l iability coverage in an amount sufficient to cover the full replacement value of damage to, alteration of, loss of, or destruction of electronic data and/or information “property” of the City that will be in the care, custody, or control of Provider.

(5) Cyber Liability:

Coverage shall be sufficiently broad to respond to the duties and obligations as are undertaken by Provider in this A greement and shall include, but not be limited to, claims involving infringement of intellectual property, copyright, trademark, trade dress, invasion of privacy violations, information theft, damage to or destruction of electronic information, release of private information, alteration of electronic information, extortion and network security. The policy shall provide coverage for breach response costs as well as regulatory fines and penalties as well as credit monitoring expenses with limits sufficient to respond to these obligations with the following minimum limits:
$2,000,000 per occurrence or claim.

As to commercial general liability and automobile liability insurance, such insurance will provide that it constitutes primary insurance with respect to claims insured by such policy, and, except with respect to limits, that insurance applies separately to each insured against whom claim is made or suit is brought. Such insurance is not additional to or contributing with any other insurance carried by or for the benefit of the City.
c. SUBROGATION WAIVER:

Provider hereby agrees to waive rights of subrogation that any insurer of Provider may acquire from Provider by virtue of the payment of any loss. Provider agrees to obtain any endorsement that may be necessary to affect this waiver of subrogation, but this provision applies regardless of whether the City has received a waiver of subrogation endorsement from the insurer. The Workers’ Compensation policy shall be endorsed with a waiver of subrogation in favor of the City for all work performed by Provider, its employees, agents and subcontractors.

d. FAILURE TO SECURE:

If Provider at any time during the term hereof should fail to secure or maintain the foregoing insurance, the City shall be permitted to obtain such insurance in Provider’s name or as an agent of Provider and shall be compensated by Provider for the costs of the insurance premiums at the maximum rate permitted by law and computed from the date written notice is received that the premiums have not been paid.
e. ADDITIONAL INSUREDS:

The City, its City Council, boards, commissions, officials, employees, agents , and volunteers shall be named as additional insured(s) under all insurance coverages, except workers’ compensation and professional liability insurance. The naming of an additional insured shall not affect any recovery to which such additional insured would be entitled under this policy if not named as such additional insured. An additional insured named herein shall not be held liable for any premium, deductible portion of any loss, or expense of any nature on this policy or any extension thereof. Any other insurance held by an additional insured shall not be required to Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 6 CERDA-ZEIN REAL ESTATE, INC 7 Service Provider Agreement Version 10-15-25
contribute anything toward any loss or expense covered by the insurance provided by this policy.

Additional Insured coverage under Provider’s policy shall be primary and non- contributory and will not seek contribution from the City’s insurance or self-insurance. Any available insurance proceeds broader than or in excess of the specified minimum insurance coverage requirements and/or limits shall be available to the additional insured(s). f. SUFFICIENCY OF INSURANCE:

The insurance limits required by the City are not represented as being sufficient to protect Provider. Provider is advised to consult Provider ’s insurance broker to determine adequate coverage for Provider. The coverage and limits shall be (1) the minimum coverage and limits specified in this Agreement; or (2) the broader coverage and maximum limits of the coverage carried by or available to Provider; whichever is greater. g. EXCESS OR UMBRELLA LIABILITY:

If any Excess or Umbrella Liability policies are used to meet the limits of liability required by this Agreement, then said policies shall be true “following form” of the underlying policy coverage, terms, conditions, and provisions and shall meet all of the insurance requirements stated in this Agreement, including but not limited to, the additional insured, SIR, and primary insurance requirements stated therein. No insurance policies maintained by the indemnified parties or Additional Insureds, whether primary or excess, and which also apply to a loss covered hereunder, shall be called upon to contribute to a loss until all the primary and excess liability policies carried by or available to the Provider are exhausted. If a Provider is using an Excess Liability policy to supplement any insurance coverage required by this Agreement , they must submit the Excess Liability policy in full.

11. CONFLICT OF INTEREST:

Provider warrants that it is not a conflict of interest for Provider to perform the services required by this Agreement. Provider may be required to fill out a conflict of interest form if the services provided under this Agreement require Provider to make certain governmental decisions or serve in a staff capacity as defined in Title 2, Division 6, Section 18700 of the California Code of Regulations.

12. PROHIBITION AGAINST TRANSFERS:
a. Provider shall not assign, sublease, hypothecate, or transfer this Agreement, or any interest therein, directly or indirectly, by operation of law or otherwise, without prior written consent of the City Manager. Provider shall submit a written request for consent to transfer to the City Manager at least thirty (30) days in advance of the desired transfer. The City Manager or their designee may consent or reject such request in their sole and absolute discretion. Any attempt to do so without said consent shall be null and void, and any assignee, sublessee, hypothecate or transferee shall acquire no right or interest by reason of such attempted assignment, hypothecation or transfer. However, claims for money against the City under this Agreement may be assigned by Provider to a bank, trust company or other financial institution without prior written consent. b. The sale, assignment, transfer or other disposition of any of the issued and outstanding capital stock, membership interest, partnership interest, or the equivalent, which shall Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 7 CERDA-ZEIN REAL ESTATE, INC 8 Service Provider Agreement Version 10-15-25
result in changing the control of Provider, shall be construed as an assignment of this Agreement.

Control means fifty percent or more of the voting power of Provider.

13. APPROVAL OF SUB-PROVIDERS:
a. Only those persons and/or businesses whose names and resumés are attached to this Agreement shall be used in the performance of this Agreement. However, if after the start of this Agreement, Provider wishes to use sub-providers, at no additional costs to the City, then Provider shall submit a written request for consent to add sub -providers including the names of the sub - providers and the reasons for the request to the City Manager at least five (5) days in advance. The City Manager may consent or reject such requests in their sole and absolute discretion. b. Each sub -provider shall be required to furnish proof of workers ’ compensation insurance and shall also be required to carry general, automobile and professional liability insurance (as applicable) in reasonable conformity to the insurance carried by Provider. c. In addition, any tasks or services performed by sub- providers shall be subject to each provision of this Agreement. Provider shall include the following language in their agreement with any sub-provider: “Sub-providers hired by Provider agree to be bound to Provider and the City in the same manner and to the same extent as Provider is bound to the City.” d. The requirements in this Section 13 shall not apply to persons who are merely providing materials, supplies, data or information that Provider then analyzes and incorporates into its work product.

14. PERMITS AND LICENSES:

Provider, at its sole expense, shall obtain and maintain during the term of this Agreement, all appropriate permits, certificates and licenses, including a City business license that may be required in connection with the performance of the services and tasks hereunder.

15. REPORTS:
a. Each and every report, draft, work product, map, record and other document produced, prepared or caused to be prepared by Provider pursuant to or in connection with this Agreement shall be the exclusive property of the City.
b. No report, information or other data given to or prepared or assembled by Provider pursuant to this Agreement shall be made available to any individual or organization by Provider without prior approval of the City Manager or their designee. c. Provider shall, at such time and in such form as City Manager or their designee may require, furnish reports concerning the status of services and tasks required under this Agreement.

16. RECORDS:
a. Generally, the City has the right to conduct audits of Provider’s financial, performance and compliance records maintained in connection with Contractor’s operations and services performed under the Agreement. In the event of such audit, Contractor agrees to provide the City with reasonable access to Contractor’s employees and make all such financial (including Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 8 CERDA-ZEIN REAL ESTATE, INC 9 Service Provider Agreement Version 10-15-25
annual financial statements signed by an independent CPA), performance and compliance records available to the City. City agrees to provide Contractor an opportunity to discuss and respond to any findings before a final audit report is filed.
b. Provider shall maintain complete and accurate records with respect to the services, tasks, work, documents and data in sufficient detail to permit an evaluation of Provider’s performance under the Agreement , as well as maintain books and records related to sales, costs, expenses, receipts and other such information required by the City that relate to the performance of the services and tasks under this Agreement (collectively the “Records”). c. All Records shall be maintained in accordance with generally accepted accounting principles and shall be clearly identified and readily accessible. Provider shall provide free access to the Records to the representatives of the City or its designees during regular business hours upon reasonable prior notice. The City has the right to examine and audit the Records, and to make copies or transcripts therefrom as necessary, and to allow inspection of all proceedings and activities related to this Agreement. Such Records, together with supporting documents, shall be kept separate from other documents and records and shall be maintained by Provider for a period of three (3) years after receipt of final payment.
d. If supplemental examination or audit of the R ecords is necessary due to concerns raised by the City’s preliminary examination or audit of records, and the City ’s supplemental examination or audit of the records discloses a failure to adhere to appropriate internal financial controls, or other breach of this Agreement or failure to act in good faith, then Provider shall reimburse the City for all reasonable costs and expenses associated with the supplemental examination or audit.

17. NOTICES:
a. All notices shall be in writing and delivered: (i) by hand; or (ii) sent by registered, express, or certified mail, with return receipt requested or with delivery confirmation requested from the U.S. postal service ; or (iii) sent by overnight or same day courier service at the party’s respective address listed in this Section.
b. Each notice shall be deemed to have been received on the earlier to occur of : (x) actual delivery or the date on which delivery is refused ; or (y) three (3) days after notice is deposited in the U.S. mail or with a courier service in the manner described above (Sundays and City holidays excepted).
c. Either party may, at any time, change its notice address (other than to a post office box address) by giving the other party three (3) days prior written notice of the new address. d. All notices, demands, requests, or approvals from Provider to the City shall be addressed to the City at:

City of Alameda
Base Reuse and Economic Development Department
950 West Mall Square, Suite 205
Alameda, CA 94501
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ATTENTION: Abigail Thorne-Lyman, Director
Ph: (510) 747-6859
e. All notices, demands, requests, or approvals from the City to Provider shall be addressed to Provider at:

Cerda-Zein Real Estate
2514 Santa Clara Avenue
Alameda, CA 94501
ATTENTION: Nancy Cerda-Zein, Managing Partner
Ph: (510) 522-5888
With a copy to:

Jose Cerda-Zein, Broker/CEO
2514 Santa Clara Avenue
Alameda, CA 94501

f. All updated insurance certificates from Provider to the City shall be addressed to the City at:

City of Alameda
Base Reuse and Economic Development Department
950 West Mall Square, Suite 205
Alameda, CA 94501
ATTENTION: Alexis Krieg
Ph: (510) 747-6859/[email protected]

18. SAFETY:
a. Provider will be solely and completely responsible for conditions of all vehicles owned or operated by Provider , including, with respect to said vehicles, the safety of all persons and property during performance of the services and tasks under this Agreement. This requirement will apply continuously and not be limited to normal working hours. In addition, Provider will comply with all safety provisions in conformance with U.S. Department of Labor Occupational Safety and Health Act, any equivalent state law, and all other applicable federal, state, county and local laws, ordinances, codes, and any regulations that may be detailed in other parts of the Agreement. Where any of these are in conflict, the more stringent requirements will be followed.

Provider’s failure to thoroughly familiarize itself with the aforementioned safety provisions will not relieve it from compliance with the obligations and penalties set forth herein. b. Provider will immediately notify the City within 24 hours of any incident of death, serious personal injury or substantial property damage that occurs in connection with the performance of this Agreement. Provider will promptly submit to the City a writte n report of all incidents that occur in connection with this Agreement. This report must include the following information: (i) name and address of injured or deceased person(s); (ii) name and address of Provider’s employee(s) involved in the incident; (i ii) name and address of Provider’s liability insurance carrier; (iv) a detailed description of the incident; and (v) a police report.

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19. TERMINATION:
a. In the event Provider fails or refuses to perform any of the provisions hereof at the time and in the manner required hereunder, Provider shall be deemed in default in the performance of this Agreement . If such default is not cured within five (5) business days after receipt by Provider from the City of written notice of default, specifying the nature of such default and the steps necessary to cure such default, the City may thereafter immediately terminate the Agreement forthwith by giving to Provider written notice thereof. b. The foregoing notwithstanding, the City shall have the option, at its sole discretion and without cause, of terminating this Agreement by giving seven (7) days’ prior written notice to Provider as provided herein.
c. Upon termination of this Agreement either for cause or for convenience, each party shall pay to the other party that portion of compensation specified in this Agreement that is earned and unpaid prior to the effective date of termination. The obligation of the parties under this Section 19.c. shall survive the expiration or early termination of this Agreement. d. In the event that City fails or refuses to pay all undisputed amounts due and owing in the time and manner required under this Agreement, the City shall be deemed in default in the performance of this Agreement. If such default is not cured within forty -five (45) business days after receipt by City from the Provider of written notice of default, specifying the nature of such default and the steps necessary to cure such default , the Provider may thereafter immediately terminate the Agreement forthwith by giving to City written notice thereof.

20. ATTORNEYS’ FEES:

In the event of any litigation, including administrative proceedings, relating to this Agreement, including but not limited to any action or suit by any party, assignee or beneficiary against any other party, beneficiary or assignee, to enforce, interpret or seek relief from any provision or obligation arising out of this Agreement, the parties and litigants shall bear their own attorney’s fees and costs. No party or litigant shall be entitled to recover any attorneys’ fees or costs from any other party or litigant, regardless of which party or litigant might prevail.

21. HEALTH AND SAFETY REQUIREMENTS.

Provider acknowledges that the City shall have the right to impose , at the City’s sole discretion, requirements that it deems are necessary to protect the health and safety of the City employees, residents, and visitors. Provider agrees to comply with all such requirements, including, but not limited to, mandatory vaccinations, the use of personal protective equipment (e.g. masks), physical distancing, and health screenings. Provider also agrees to make available to the City, at the City’s request, records to demonstrate Provider’s compliance with this Section.

22. COMPLIANCE WITH ALL APPLICABLE LAWS:

During the term of this Agreement, Provider shall keep fully informed of all existing and future state and federal laws and all municipal ordinances and regulations of the City of Alameda which affect the manner in which the services or tasks are to be performed by Provider, as well as all such orders and decrees of bodies or tribunals having any jurisdiction or authority over the same.

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Provider shall comply with all applicable laws, state and federal and all ordinances, rules and regulations enacted or issued by the City.

23. CONFLICT OF LAW:

This Agreement shall be interpreted under, and enforced by the laws of the State of California without regard to any choice of law rules which may direct the application of laws of another jurisdiction. The Agreement and obligations of the parties are subject to all valid laws, orders, rules, and regulations of the authorities having jurisdiction over this Agreement (or the successors of those authorities). Any suits brought pursuant to this Agreement shall be filed with the courts of the County of Alameda, State of California.

24. WAIVER:

A waiver by the City of any breach of any term, covenant, or condition contained herein shall not be deemed to be a waiver of any subsequent breach of the same or any other term, covenant, or condition contained herein, whether of the same or a different character.

25. INTEGRATED CONTRACT:

Subject to the language of Section 30 , the Recitals and exhibits are a material part of this Agreement and are expressly incorporated herein . This Agreement represents the full and complete understanding of every kind or nature whatsoever between the parties hereto, and all preliminary negotiations and agreements of whatsoever kind or nature are merged herein. No verbal agreement or implied covenant shall be held to vary the provisions hereof. Any modification of this Agreement will be effective only by written execution signed by both the City and Provider.

26. PREVAILING WAGES:

Provider is aware of the requirements of California Labor Code Section 1720, et seq., and 1770, et seq. as well as California Code of Regulations, Title 8, Section 1600, et seq., (“Prevailing Wage Laws”) which require the payment of prevailing wage rates and the performance of other requirements on “public works” and “maintenance” projects. Provider agrees to fully comply with such Prevailing Wage Laws if the services are being performed as part of an applicable “public works” or “maintenance” project as defined by the Prevailing Wage Laws and if the total compensation is $1,000 or more. City, upon Provider’s request, shall provide Provider with a copy of the prevailing rates of per diem wages in effect at the commencement of this Agreement. Provider shall make copies of the prevailing rates of per diem wages for each craft, classification, or type of worker needed to execute the services available to interested parties upon request; and shall post copies at the Provider’s principal place of business and at the project site. Provider shall defend, indemnify, and hold the City (its elected officials, officers, employees, and agents) free and harmless from any claim or liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws.

27. CAPTIONS:

The captions in this Agreement are for convenience only, are not a part of the Agreement and in no way affect, limit or amplify the terms or provisions of this Agreement.

Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 12 CERDA-ZEIN REAL ESTATE, INC 13 Service Provider Agreement Version 10-15-25

28. COUNTERPARTS:

This Agreement may be executed in any number of counterparts (including by fax, PDF , DocuSign, or other electronic means), each of which shall be deemed an original, but all of which shall constitute one and the same instrument.

29. SIGNATORY:

By signing this Agreement, signatory warrants and represents that they executed this Agreement in their authorized capacity and that by their signature on this Agreement, they or the entity upon behalf of which they acted, executed this Agreement.

30. CONTROLLING AGREEMENT:

In the event of a conflict between the terms and conditions of this Agreement (as amended, supplemented, restated or otherwise modified from time to time) and any other terms and conditions wherever contained, including, without limitation, terms and conditions included within exhibits, the terms and conditions of this Agreement shall control and be primary.

31. NO NDISCRIMINATION – FEDERAL REQUIREMENTS :
a. Provider certifies and agrees that it will not discriminate against any employee or applicant for employment because of race, color, religion, national origin, ancestry, sex, age, or condition or physical or mental handicap (as defined in 41 C.F.R. Section 60-741, et seq.), in accordance with requirement of state or federal law. Provider shall take affirmative action to ensure that qualified applicants are employed and that employees are treated during employment without regard to race, color, religion, national origin, ancestry, sex, age, or condition of physical or mental handicap in accordance with requirements of state and federal law. Such shall include, but not be limited to, the following:
(1) Employment upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination, rates of pay or other forms of compensation.

(2) Selection for training, including interns and apprentices.

A. Provider agrees to post in conspicuous places in each of Provider’ s facilities providing services hereunder, available and open to employees and applicants for employment, notices setting forth the provisions of this nondiscrimination clause.

B. Provider shall, in all solicitations or advertisements for employees placed by or on behalf of Provider, state that all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, age, or condition of physical or mental handicap, in accordance with requirements of state and federal law.

C. Provider shall send to each labor union or representative of workers with which it has a collective bargaining agreement or other contract Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 13 CERDA-ZEIN REAL ESTATE, INC 14 Service Provider Agreement Version 10-15-25
or understanding a notice advising the labor union or workers ’ representative of Provider’s commitments under this paragraph.

D. Provider certifies and agrees that it will deal with its subcontractors, bidders, or vendors without regard to race, color, religion, national origin, ancestry, sex, age, or condition of physical or mental handicap, in accordance with requirement of state and federal law.

E. In accordance with applicable state and federal law, Provider shall allow duly authorized county, state and federal representatives access to its employment records during regular business hours in order to verify compliance with the anti -discrimination provisions of this paragraph. Provider shall provide such other information and records as such representatives may require in order to verify compliance with the anti -discrimination provisions of this paragraph.
b. If the City finds that any of the provisions of this paragraph have been violated, the same shall constitute a material breach of Agreement upon which the City may determine to cancel, terminate, or suspend this Agreement. The City reserves the right to determine independently that the anti -discrimination provisions of this Agreement have been violated. In addition, a determination by the California Fair Employment Practices Commission or the Federal Equal Employment Opportunit y Commission that Provider h as violated state and federal anti - discrimination laws shall constitute a finding by the City that Provider has violated the anti - discrimination provisions of Agreement.

c. The parties agree that in the event Provider violates any of the anti-discrimination provisions of this paragraph, the City shall be entitled, at its option, to the sum of $500.00 pursuant to California Civil Code Section 1671 as liquidated damages in lieu of canceling, terminating, or suspending this Agreement.

d. Provider hereby agrees that it will comply with Section 504 of the Rehabilitation Act of 1973, as amended (29 U.S.C. Section 794), all requirements imposed by the applicable regulations, and all guidelines and interpretations issued pursuant thereto, to the end that no qualified handicapped person shall, on the basis of handicap, be excluded from participation in, be denied the benefits of, or otherwise be subjected to discrimination under any program or activity of Provider receiving Federal Financial Assi stance. In addition, Provider shall comply with the Uniform Federal Accessibility Standards, and Provider, Engineer, or Architect responsible for any design, construction or alteration shall certify compliance with those Standards.

e. Provider’s attention is directed to laws, including but not limited to:

(1) CIVIL RIGHTS/EQUAL OPPORTUNITY

A. Civil Rights Act of 1964. Under Title VII of the Civil Rights Act of 1964, no person shall, on the grounds of race, sex, religion, color, or national origin, be excluded from participation in, be denied the Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 14 CERDA-ZEIN REAL ESTATE, INC 15 Service Provider Agreement Version 10-15-25
benefits of, or be subjected to discrimination under any program or activity receiving Federal financial assistance.

B. Section 109 of the Housing and Community Development Act of 1974. No person in the United States shall, on the grounds of race, color, national origin, or sex, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any program or activity funded in whole or in part with funds made available under this title.

DISABILITIES
This Agreement is subject to laws and regulations concerning the rights of otherwise qualified individuals with handicaps for equal participation in, and benefit from federally assisted programs and activities, including but not limited to:

A. Americans with Disabilities Act of 1990 (ADA) (28 C.F.R. 5). Title II, Subpart A of the Americans with Disabilities Act of 1990 applies to all publicly funded activities and programs. Provider shall also comply with the public accommodations requirements of Title III of the ADA, as applicable.

B. Nondiscrimination on the Basis of Handicap (24 C .F.R. 8). These regulations, which implement Section 504 of the Rehabilitation Act of 1973, as amended, and as cited in Section 109 of the Housing and Community Development Act, apply to all federally assisted activities and programs and are implemented through the regulations at 24 C.F.R. 8.

C. Architectural Barrier Act of 1968. Any building or facility, excluding privately owned residential structures, designed, constructed, or altered with federal funds, shall comply with the Uniform Federal Accessibility Standards, 1984 (41 C.F.R. 3) and the Handicapped Accessibility Requirements of the State of California Title 24. The Consultant, Engineer or Architect responsible for such design, construction or alteration shall certify compliance with the above standards.

Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 15 CERDA-ZEIN REAL ESTATE, INC 16 Service Provider Agreement Version 10-15-25
D. In resolving any conflict between the accessibility standards cited in paragraphs (A), (B) and (C) above, the more stringent standard shall apply.

32. NONDISCRIMINATION – HUD REQUIREMENTS:
a. Provider certifies and agrees that it will not discriminate against any employee or applicant for employment because of race, color, religion, national origin, ancestry, sex, age, or condition or physical or mental handicap (as defined in 41 C.F.R. Section 60-741, et seq.), in accordance with requirement of state or federal law. Provider shall take affirmative action to ensure that qualified applicants are employed and that employees are treated during employment without regard to race, color, religion, national origin, ancestry, sex, age, or condition of physical or mental handicap in accordance with requirements of state and federal law. Such shall include, but not be limited to, the following:
(1) Employment upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination, rates of pay or other forms of compensation. (2) Selection for training, including interns and apprentices.

C. Provider shall send to each labor union or representative of workers with which it has a collective bargaining agreement or other contract or understanding a notice advising the labor union or workers ’ representative of Provider’s commitments under this paragraph.

b. If the City finds that any of the provisions of this paragraph have been violated, the same shall constitute a material breach of Agreement upon which the City may determine to cancel, terminate, or suspend this Agreement. The City reserves the right to determine independently that the anti -discrimination provisions of this Agreement have been violated. In addition, a determination by the California Fair Employment Practices Commission or the Federal Equal Employment Opportunit y Commission that Provider has violated state and federal anti - discrimination laws shall constitute a finding by the City that Provider has violated the anti - discrimination provisions of this Agreement.
c. The parties agree that in the event Provider violates any of the anti-discrimination provisions of this paragraph, the City shall be entitled, at its option, to the sum of $500.00 pursuant to California Civil Code Section 1671 as liquidated damages in lieu of canceling, terminating, or suspending this Agreement.
d. Provider hereby agrees that it will comply with Section 504 of the Rehabilitation Act of 1973, as amended (29 U.S.C. Section 794), all requirements imposed by the applicable regulations, and all guidelines and interpretations issued pursuant thereto, to the end that no qualified handicapped person shall, on the basis of handicap, be excluded from participation in, be denied the benefits of, or otherwise be subjected to discrimination under any program or activity of Provider receiving Federal Financial Assi stance. In addition, Provider shall comply with the Uniform Federal Accessibility Standards, and Provider, Engineer, or Architect responsible for any design, construction or alteration shall certify compliance with those Standards. e. Provider’s attention is directed to laws, including but not limited to:
(1) CIVIL RIGHTS/EQUAL OPPORTUNITY

A. Civil Rights Act of 1964. Under Title VII of the Civil Rights Act of 1964, no person shall, on the grounds of race, sex, religion, color, or national origin, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any program or activity receiving Federal financial assistance.

C. Section 109 of the Act further provides that any prohibition against discrimination on the basis of age under the Age Discrimination Act of 1975 (42 U.S.C. 6101 et seq.) or with respect to an otherwise qualified handicapped individual as provided in Section 504 of the Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 17 CERDA-ZEIN REAL ESTATE, INC 18 Service Provider Agreement Version 10-15-25
Rehabilitation Act of 1973 (29 U.S.C. 794) shall also apply to any program or activity funded in whole or in part with funds made available pursuant to the Act.
(2) EMPLOYMENT AND CONTRACTING OPPORTUNITIES
A. Section 3. The work to be performed under this Agreement is on a project assisted under a program providing direct Federal financial assistance from the Department of Housing and Urban Development Department and is subject to the requirements of Section 3 of the Housing and Urban Development Act of 1968, as amended, 12 U.S.C. 1701u. Section 3 requires that to the greatest extent feasible, opportunities for training and employment be given to lower income residents of the area of the Section 3 covered project, and contracts for work in connection with the project be awarded to business concerns which are located in, or owned in substantial part by persons residing in the area of the Section 3 covered project.

B. The parties to this Agreement will comply with the provisions of said Section 3 and the regulations issued pursuant thereto by the Secretary of the Housing and Urban Development set forth in 24 Part C.F.R. 135, and all applicable rules and orders of the Department issued thereunder prior to the execution of this Agreement. The parties to this Agreement certify and agree that they are under no contractual or other disability which would prevent them from complying with these requirements.

C. Provider will send to each labor organization or representative of workers with which it has a collective bargaining agreement or other contract or understanding, if any, a notice advising the said labor organization or workers ’ representative of its commitments under this Section 3 clause and shall post copies of the notice in conspicuous places available to employees and applicants for employment or training.

D. Provider will include this Section 3 clause in every subcontract for work in connection with the project and will, at the direction of the applicant for or recipient of Federal financial assistance, take appropriate action pursuant to the subcontract upon a finding that the subcontractor is in violation of regulations issued by the Secretary of Housing and Urban Development, 24 C.F.R. Part 135.

Provider will not subcontract with any subcontractor where it has notice or knowledge that the latter has been found in violation of regulations under 24 C.F.R. Part 135 and will not let any subcontract unless the subcontractor has first provided it with a preliminary statement of ability to comply with the requirements of these regulations.

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E. Compliance with the provisions of Section 3, the regulations set forth in 24 C.F.R. Part 135, and all applicable rules and orders of the Department issued thereunder prior to the execution of the Agreement, is a condition of the Federal financial assistanc e provided to the project, binding upon the applicant or recipient, its contractors and subcontractors, its successors, and assigns to those sanctions specified by the grant or loan agreement or contract through which Federal assistance is provided, and to such sanctions as are specified by 24 C.F.R. Part 135.
(3) PROGRAM ACCESSIBILITY FOR INDIVIDUALS WITH

A. Americans with Disabilities Act of 1990 (ADA) (28 C.F.R. 35).

Title II, Subpart A of the Americans with Disabilities Act of 1990 applies to all publicly funded activities and programs. Provider shall also comply with the public accommodations requirements of Title III of the ADA, as applicable.

B. Nondiscrimination on the Basis of Handicap (24 C.F.R. 8). These regulations, which implement Section 504 of the Rehabilitation Act of 1973, as amended, and as cited in Section 109 of the Housing and Community Development Act, apply to all federally assisted activities and programs and are implemented through the regulations at 24 C.F.R. 8.

D. In resolving any conflict between the accessibility standards cited in paragraphs (A), (B) and (C) above, the more stringent standard shall apply.

33. RESTRICTIONS ON LOBBYING – FEDERAL REQUIREMENT:

This Agreement is subject to 24 C.F.R. 87 which prohibits the payment of Federal funds to any person for influencing or attempting to influence, any public officer or employee in Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 19 CERDA-ZEIN REAL ESTATE, INC 20 Service Provider Agreement Version 10-15-25
connection with the award, making, entering into, extension, continuation, renewal, amendment, or modification of any Federal contract, grant, loan, or agreement.

34. MULCH PROCUREMENT REQUIREMENTS

Providers of landscaping maintenance, renovation, and construction shall:
a. Use compost and SB 1383 eligible mulch, as practicable, produced from recovered organic waste, for all landscaping renovations, construction, or maintenance performed for the City, whenever available, and capable of meeting quality standards and criteria specified. SB 1383 eligible mulch used for land application shall comply with 14 CCR, Division 7, Chapter 12, Article 12 and must meet or exceed the physical contamination, maximum metal concentration and pathogen density standards specified in 14 CCR Section 17852(a)(24.5)(A)(1) through (3). b. Maintain the following records for compost and SB 1383 eligible mulch and submit to the City upon request:
(1) General description of how and where the product was used and applied; (2) Source of product, including name, physical location, and contact information for each entity, operation, or facility from whom the compost and/or SB 1383 eligible mulch were procured;
(3) Type of product
(4) Quantity of each product; and,
(5) Invoice or other record demonstrating purchase or procurement.]

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Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 20 CERDA-ZEIN REAL ESTATE, INC 21 Service Provider Agreement Version 10-15-25
IN WITNESS WHEREOF, the parties have each caused this Agreement to be duly executed on its behalf as of the Effective Date.

CERD
A-ZEIN REAL ESTATE, INC. CITY OF ALAMEDA
a California corporation a municipal corporation
Nancy Cerda-Zein: Adam W. Politzer
Chief Financial Officer Interim City Manager
RECOM

MENDED FOR APPROVAL
Jose Cerda-Zein
Chief Executive Officer, Secretary
Abigail Thorne-Lyman
Director, Base Reuse and Economic
Development
APP
ROVED AS TO FORM:

City Attorney
Len Aslanian
Assistant City Attorney
Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 21 Bedrooms Bathrooms
3 1.5/.5
3 1.5/.5
4 2.5
4 2.5
3 1.5/.5
3 1.5/.5
3 1.5/.5
3 1.5/.5
3 1.5/.5
3 1.5/.5
3 1.5/.5
3 1.5/.5
4 2.5
4 2.5
4 2.5
4 2.5
4 2.5
Bedrooms Bathrooms
4 2
4 2
4 2
4 2
3 2
4 2
4 2
3 2
3 2
3 2
4 2
4 2
4 2
4 2
4 2
4 2
4 2
3 2
3 2
3 2
3 2
3 2
3 2
3 2
3 2
4 2
4 2.5
4 2
Bedrooms Bathrooms
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
4+ 3.5
6+ 3.5
62 Townhouses
2450 Barbers Pt Rd Unit A
2450 Barbers Pt Rd Unit B
2450 Barbers Pt Rd Unit C
2450 Barbers Pt Rd Unit D
2601 Barbers Pt Rd Unit A
2601 Barbers Pt Rd Unit B
2601 Barbers Pt Rd Unit C
2601 Barbers Pt Rd Unit D
2651 Barbers Pt Rd Unit A
2651 Barbers Pt Rd Unit B
2651 Barbers Pt Rd Unit C
2651 Barbers Pt Rd Unit D
2600 Lemoore Rd Unit A
2600 Lemoore Rd Unit B
2650 Lemoore Rd Unit A
2650 Lemoore Rd Unit B
2700 Lemoore Rd Unit B
Ranch Homes
2811 Barbers Pt Rd
2820 Barbers Pt Rd
2821 Barbers Pt Rd
2830 Barbers Pt Rd
2831 Barbers Pt Rd
2840 Barbers Pt Rd
2841 Barbers Pt Rd
2850 Barbers Pt Rd
2860 Barbers Pt Rd
2861 Barbers Pt Rd
2870 Barbers Pt Rd
2901 Barbers Pt Rd
2701 Lemoore Rd
2750 Orion St
2745 Pearl Harbor Rd

2756 Pearl Harbor Rd
2760 Pearl Harbor Rd
2775 Pearl Harbor Rd
2780 Pearl Harbor Rd
2790 Pearl Harbor Rd
2800 Pearl Harbor Rd
2830 Pearl Harbor Rd
2840 Pearl Harbor Rd
2850 Pearl Harbor Rd
2855 Pearl Harbor Rd
250 W Essex Dr
301 W Essex Dr
350 W Essex Dr
Big Whites
2765 Newport Rd
2801 Newport Rd
2815 Newport Rd
2825 Newport Rd
2805 Pearl Harbor Rd

2775 San Diego Rd
2805 San Diego Rd
2835 San Diego Rd
2865 San Diego Rd
2765 Seattle Rd
2805 Seattle Rd
2795 San Pedro Rd

2815 San Pedro Rd
2835 San Pedro Rd
2845 San Pedro Rd
2875 San Pedro Rd
390 W Essex Dr
Total Residential Units*
*Subject to change
Market Rate Residential Properties

EXHIBIT A
Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 22 EXHIBIT B

SCOPE OF WORK TO BE PERFORMED BY RESIDENTIAL PROPERTY

MANAGEMENT SERVICES PROVIDER
Management of select Residential Properties located in Alameda Point and listed in Exhibit B (“Residential Properties”) that are owned by the City of Alameda (“City”).

The Residential Property Management Services Provider (“Provider”) shall diligently perform its duties, per the Service Provider Agreement and the Scope of Services and shall devote sufficient time and effort to ensure that the City’s Residential Properties are managed, leased, operated, inspected and maintained. Provider shall, to the best of their abilities, use their professional experience and judgment to comply with State of California Real Estate Law, Fair Housing, other applicable local, state, federal laws and the City of Alameda’s Rent Ordinance.

The Provider, as employer, shall hire, pay, supervise and discharge all its employees (collectively “personnel”), as necessary. Such personnel shall, in every instance, be the employees or independent contractors of the Provider and not of the City. Personnel who are responsible for, or have access to, money of the City shall be bonded by a fidelity bond company at the expense of Provider.

City may delegate, at City’s sole discretion, oversight of Provider’s daily activities, regular communications and general reporting to City’s Commercial Property Management Provider.

A. Tenant Relations, Customer Service and Management:
i. Provider shall act as City’s agent and the primary contact with all tenants and prospective tenants for the Residential Properties listed in Exhibit B. ii. Provider shall be familiar with the terms and provisions of the City’s Residential Lease agreement and shall perform all delegable property management duties of the City as landlord to ensure leases remain in full force and effect, with no default by the City, and shall diligently enforce the full performance of all obligations by tenants.
iii. Market vacant Residential Properties and show Properties to prospective tenants. Provider shall prepare accurate advertising materials, in conformance with applicable real estate laws and regulations for the Properties, submit for City review and approval prior to posting on various online and offline platforms to attract potential tenants. iv. Collect applications from prospective tenants for the marketed vacancies.

Screen applicants in compliance with applicable real estate laws and Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 23 regulations, utilizing standardized background and credit checks, verification of employment, housing assistance (if applicable) and reference checks. Present to the City the qualified and timely application(s) received.
v. Draft new leases, renewals and notices using the City’s approved template forms, provide transaction management services including execution of new leases, renewals and noticing to enforce lease terms and terminations.
vi. The Provider shall collect all rents, security deposits, fees and other amounts due to the City from tenants.
vii. Coordinate, track and manage new tenant move-ins, move-outs, relocations and security deposits for the Residential Properties. viii. Provider shall be knowledgeable of the City of Alameda’s Rent Ordinance and help to ensure compliance of covered properties. Provider will assist City in calculating any rent credits or relocation assistance due and provide details to City for approval and payment.
ix. Provider shall maintain business-like relations with tenants, receive and track requests, complaints and the like from tenants and respond within two (2) business days and act, if required to do so, upon the foregoing in reasonable fashion.
x. Written communication is encouraged through mail, email, and other easily tracked mechanisms. Provider to have an online portal for information pertaining to the properties for tenants. Provider will maintain adequate channels for communication and response for afterhours emergencies.
xi. Provider shall maintain tenant contact information and notify tenants of special events, construction, testing activities, utility outages, state power alerts, road closures and street work, as requested by City. xii. Provider will help coordinate and participate in periodic Tenant Community Meetings, as requested by City.
xiii. Provider will coordinate and notify tenants in advance of inspections, tours, annual inspections and other necessary entries to Residential Properties in conformance with lease provisions.

Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 24 B. Financial Management:
i. Provider shall use its professional market expertise in determining rental rates and security deposits in conformance with applicable real estate laws and regulations, for approval by City.
ii. Provider shall diligently undertake the calculation, tracking and collection and deposit of rents, tenant bill backs, fees and other amounts payable and due to the City. Provider will track tenant security deposits and any rent credits or relocation funds approved by City.
iii. Provider shall diligently track and report late payments/delinquencies and provide a monthly record to City. Provider will work directly with tenants with delinquencies and determine a repayment schedule to be submitted to City for approval.
iv. P rovider shall process payment for approved bills, expenses and vendor invoices, taxes, and reimbursements from City’s account. v. Provider shall maintain and make accessible to City complete books and records in accordance with generally accepted accounting principles applied on a consistent basis in connection with its management and operation of the City’s Properties.
vi. Prepare operating budget, monthly management and detailed financial reports, annual operating budget and annual report. Provider must ensure accurate allocations and categorizations. Any miscalculation, error or lack of clarity on lease credits, revenue or expenditure accounting must be immediately reported to City in writing.
vii. Provide financial reports related to the Properties to City (or City’s delegated agent) no later than the 12
th of each month, subject to change
at the City’s discretion.
viii. Provider shall bill City contacted management fees in accordance with Service Provider Agreement by no later than the 7
th of each month,
subject to change at the City’s discretion.

C. Property Maintenance & Operations:
i. Provider will track maintenance and repair requests and manage all tenant related issues for the Residential Properties. Including coordinating repairs (in-house or through a third party vendor), preventive maintenance, managing unit turnovers and market-ready processes, overseeing exterior landscaping and ensuring residential units present a neat and professional looking appearance year-round.

Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 25 ii. Provider shall coordinate and cause work to be performed and use commercially reasonable efforts to ensure all emergency repairs or services necessary for the preservation of the property or to avoid the suspension of occupancy or danger to life or property.
iii. Provider shall engage and administer third-party vendors as necessary to fulfill its obligations hereunder. For any third-party vendor contract that exceeds $5,000, they shall direct contract with the City. For any other contract price ($5,000 or less), Provider shall contract with the vendor provided the City does not object to the vendor.
iv. Provider shall (a) have an approved scope of work (b) provide or obtain budgets or estimates for work (b) negotiate service terms (if necessary) (c) supervise the performance of work and; (d) obtain required and up-to-date Certificate(s) of Insurance for third party vendors performing work. v. Routine annual property inspections shall be coordinated and performed by Provider, in alignment with lease terms for Residential Properties.

Inspections are intended to assess current conditions and seek to identify and report to City liability, life safety, security, and habitability concerns.

During the inspection photographic documentation should be obtained and an Inspection Form completed to report findings to City. vi. Maintain an inventory listing of all City owned equipment and supply items utilized by Provider in their operations.
vii. Participate in meetings with City and City’s contractors for large capital improvement projects planned for the Residential Properties. Assist in tenant coordination, notification and implementing relocation, if requested. viii. The Provider will ensure twenty-four (24) hours, seven (7) days per week after-hour emergency service coverage. The Provider’s designated emergency personnel will be required to respond on-site if necessary.

ix. Provider shall perform all other services which are normally performed in connection with the operation and management of similar professionally managed residential developments. This includes participation in weekly or bi-weekly virtual meetings with City and support of City’s activities related to leasing, licensing marketing and real property development.

Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 26 D. Legal & Administrative:
i. Provider shall ensure it has sufficient staff to manage, lease and ensure the timely billing and collection of rents for City’s Residential Property Portfolio.
ii. Provider shall comply with the Fair Housing Act of 1968 and all other applicable federal, state, and local fair housing and rent stabilization laws, rules and regulations and any and all orders or requirements of any governmental authority having jurisdiction there over affecting the City’s properties. For its own operations, Provider, at its sole expense, shall obtain and maintain all appropriate certificates and licenses, including, but not limited to, a City of Alameda Business License.
iii. Any proposed legal action in connection with a tenant, including actions to evict tenants in default and to recover possession of such tenants’ premises, shall be referred to the City Attorney’s office acting as general counsel for the City for review and handling. Provider shall cooperate with City.
iv. Provider shall promptly deliver to the City all notices received, including claims of injury or damage, from any contractor, subcontractor, governmental or official entity, any tenant or any other party with respect to the Properties.
v. Provider shall maintain property records and documentation and respond to City’s request for records in a timely manner and work cooperatively with City and City’s agents and Commercial Property Manager.

Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 27 EXHIBIT C

FEE AND EXPENSES
Full Description of Fees:

Monthly Management Fee: 10% of the gross monthly rental income

Leasing Commission: 30% of 1month’s base rent for new lease

Regular Maintenance: $75.00 per hour
(during business hours 9AM to 5 PM Monday - Friday)

Reimbursable Materials: As approved, at cost with receipt and in compliance with City’s Purchasing Policies

After Hours Response: $112.50 per hour

Special circumstances:

$50.00 per half hour, as requested by City
(examples: attending court, giving a deposition, travel time is billable)

Annual interior inspections: $75.00 per unit

Exterior inspections: $75.00 per hour, as requested by City

Project Management Fee: 10% of the ﬁnal invoice for project management, as requested by City, (for coordination of work beyond regular routine maintenance).

Docusign Envelope ID: A78F8A74-91FB-882A-8299-07A28517B911 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 28 CERTIFICATE OF LIABILITY INSURANCE

ERRORS AND OMISSIONS/PROFESSIONAL LIABILITY
Date: 10/02/25

THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CO NFERS NO RIGHT UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTE R THE COVERAGE AFFORDED BY THE POLICY LISTED BELOW. THIS

CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER, AUTHORIZED REPRESENTATIVE OR PRODUCE, AND THE CERTIFICATE HOLDER.

INSURED
CERDA-ZEIN REAL ESTATE, INC.

DBA: OMM MASON MANAGEMENT
1417 EVERETT ST.

ALAMEDA, CA 94501

PRODUCER
Diane Hansen
CA CDI#0G94723

THIS IS TO CERTIFY THAT THE POLICY OF INSURANCE LISTED BELOW HA S BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMEN T, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH

THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE A FFORDED BY THE POLICY DESCRIBED HEREIN IS SUBJECT TO ALL THE TERM S,

EXCLUSIONS AND CONDITIONS OF SUCH POLICY, LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS

TYPE OF INSURANCE

Real Estate E&O
Claims Made and Reported Policy

INSURER AFFORDING COVERAGE

United States Liability Ins.

POLICY NUMBER

PM1555468D

POLICY EFFECTIVE DATE

10/06/25 12:01 a.m. Standard Time at the
mailing address of the Named Insured
above

POLICY EXPIRATION DATE

10/06/26 12:01 a.m. Standard Time at the
mailing address of the Named Insured
above

RETROACTIVE/PRIOR ACTS DATE

10/06/2020
This insurance will not apply to any
regular act, error, omissions or personal
injury which occurred before this date

LIMITS OF LIABILITY
Each Occurrence/Wrongful Act

$ 2,000,000

LIMITS OF LIABILITY
General Aggregate

$ 2,000,000

DEDUCTIBLE RETENTION
Per Claim

$ 5,000

Claims Made and Reported Policy:

This insurance coverage is on a claims made and reported basis. Coverage applies only to those Claims that are first made against You and reported to the insurer/carrier during the Policy Period and any Extended Reporting Period as those terms are described in the Policy. Coverage does not apply to any Wrongful Acts committed before the Retroactive Date/Prior Acts Date.

Cancellation:

This certificate cannot be cancelled flat. In the event of cance llation of this certificate the Insurer shall be entitled to a n earned premium for the time in force (a) a short rate of the annual premium if cancelle d by the Insured, or (b) at a pro rate of the annual premium if cancelled by the Insurer. If the Certificate is subject to a MINIMUM RETAINED PREMIUM and is cancelle d by the Insured, the greater of the minim um retained premium or the short rate premium shall apply.

Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 5/14/2026
29 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 30 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 31 12/29/2025
Hindsight Insurance Services
3478 Buskirk Ave. Suite 1000
Pleasant Hill, CA 94523
Jessica Callahan
800-264-4637 888-259-5561
[email protected]
00002247-0 9
Cerda Zein Real Estate Inc.
1417 Everett St
Alameda, CA 94501
Technology Insurance Company, Inc. 42376
A TES4690838 11/02/2025 11/02/2026
Y
X
1,000,000
1,000,000
1,000,000
Proof of Worker's Compensation Insurance in force
Proof of insurance
(JAC)
Printed by JAC on 12/29/2025 at 10:47AM

ANY PROPRIETOR/PARTNER/EXECUTIVE
OFFICER/MEMBER EXCLUDED?

INSR ADDL SUBR

LTR INSD WVD

DATE (MM/DD/YYYY)

PRODUCER CONTACT
NAME:

FAXPHONE
(A/C, No):(A/C, No, Ext):

E-MAIL
ADDRESS:

INSURER A :

INSURED INSURER B :

INSURER C :

INSURER D :

INSURER E :

INSURER F :

POLICY NUMBER

POLICY EFF POLICY EXPTYPE OF INSURANCE LIMITS(MM/DD/YYYY) (MM/DD/YYYY)

AUTOMOBILE LIABILITY

UMBRELLA LIAB

EXCESS LIAB

WORKERS COMPENSATION

AND EMPLOYERS' LIABILITY
DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required)

AUTHORIZED REPRESENTATIVE
EACH OCCURRENCE $

DAMAGE TO RENTED
CLAIMS-MADE OCCUR $PREMISES (Ea occurrence)
MED EXP (Any one person) $
PERSONAL & ADV INJURY $
GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE $
PRO-POLICY LOC PRODUCTS - COMP/OP AGG $JECT
OTHER: $
COMBINED SINGLE LIMIT $(Ea accident)
ANY AUTO BODILY INJURY (Per person) $
OWNED SCHEDULED BODILY INJURY (Per accident) $AUTOS ONLY AUTOS HIRED NON-OWNED PROPERTY DAMAGE $AUTOS ONLY AUTOS ONLY (Per accident) $
OCCUR EACH OCCURRENCE $
CLAIMS-MADE AGGREGATE $
DED RETENTION $ $

PER OTH-

STATUTE ER
E.L. EACH ACCIDENT $
E.L. DISEASE - EA EMPLOYEE $
If yes, describe under
E.L. DISEASE - POLICY LIMIT $DESCRIPTION OF OPERATIONS below INSURER(S) AFFORDING COVERAGE NAIC #

COMMERCIAL GENERAL LIABILITY
Y / N
N / A
(Mandatory in NH)

SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE

THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS.

THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS

CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.

THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS

CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.

IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed.

If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s).

COVERAGES CERTIFICATE NUMBER: REVISION NUMBER:

The ACORD name and logo are registered marks of ACORDACORD 25 (2016/03)

CERTIFICATE OF LIABILITY INSURANCE
License #1120785
Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 32 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 33 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 34 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 35 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 36 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 37 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 38 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 39 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 40 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 41 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 42 POLICY NUMBERPOLICY PERIOD
(o1a025te)
DO NOT PAY PREMIUMS SHOWN ON THIS PAGE.IF AN AMOUNT IS DUE, THEN A SEPARATE STATEMENT IS ENCLOSE D.YEAR MAKE MODEL BODY STYLE VEHICLE ID. NUMBER CLASS I1SX0N
270 0112-E03-05ICERDA-ZEIN, JOSE & NANCY1417 EVERETT ST ALAMEDA CA 94501-4631 NOV 03 2025 to MAY 03 2026VOL
1164039102
59627-1-A

LARRY BOLTON
2516-A SANTA CLARA AVE
ALAMEDA, CA 94501-4678 (510)521-4272
MUTLA000260 0058
12640 /04410
____________________________________
____
IPPD270 0112 05 000260 NOV 03 2025 0058 12
MATCH 0026000260 A901E

CONTINUED
PAGE 1 OF 2

STATE FARM PAYMENT PLAN NUMBERNAMED INSURED
AGENT
PHONE:

See Reverse Side
05-1AF2-1 A DECLARATIONS PAGE12:01 A.M. Standard Time

YOUR CAR
State Farm Mutual Automobile Insurance Company PO Box 2368 Bloomington IL 61702-2368 2024 CADILLAC ESCALADE E 1GYS4PKL2RR160039SPORT WG 103HCV1L

SYMBOLS COVERAGE & LIMITS PREMIUMS
A $544.63Liability Coverage Bodily Injury Limits Each Person, Each Accident $1,000,000 $1,000,000 Property Damage Limit Each Accident $1,000,000 C $24.27Medical Payments Coverage Limit - Each Person $5,000 D $224.26Comprehensive Coverage - $500 Deductible G $520.46Collision Coverage - $1,000 Deductible H $6.42Emergency Road Service Coverage R1 $30.99Car Rental and Travel Expenses Coverage Limit - Car Rental Expense Each Day, Each Loss $50 $1,500 U $82.46Uninsured Motor Vehicle Coverage Bodily Injury Limits Each Person, Each Accident $250,000 $500,000 U1 $8.15Uninsured Motor Vehicle Property Damage Coverage

$1,441.64 Total premium for NOV 03 2025 to MAY 03 2026.

IMPORTANT MESSAGES IMPORTANT NOTICE For your protection California law requires the following to appear with this policy: Any person who knowingly presents false or fraudulent information to obtain or amend insurance coverage or to make a claim for the payment of a loss is guilty of a crime and may be subject to fines and confinement in state prison. Replaced policy number 2700112-05H. Notice of insurance information collection practices - personal, family, or household insurance transactions: We may collect customer information from persons other than the individual or individuals applying for coverage. Such customer information as well as other personal or privileged information subsequently collected may, in certain circumstances, be disclosed to third parties without your authorization as permitted by law. You have the right to submit a written request to access, correct, amend, or delete your personal information and the right to receive a response within 30 days of submitting your request. If we deny your request, you have the right to file a statement with us containing the information you feel is accurate and fair along with the reasons you disagree with our denial. Instructions on how to file such request and our full privacy notice can be found www.statefarm.com/customer-care/privacy-security/privacy or contact your State Farm Agent. Location used to determine rate charged-1350 HANSEN AVE, ALAMEDA CA 94501. 155-3866 CA.2 05-2002 (o1a025fc)
Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 43 B10
Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 44 POLICY NUMBERPOLICY PERIOD
(o1a025vd)
Telephone:Prepared(o1a0254c)
I3SX0
270 0112-E03-05ICERDA-ZEIN, JOSE & NANCY1417 EVERETT ST ALAMEDA CA 94501-4631 NOV 03 2025 to MAY 03 2026VOL
1164039102
NOV 04 2025
59627-1-A
LARRY BOLTON(510)521-4272
MUTLA000260 0058
12641 /04410
____
________
____
____
IPPD270 0112 05 000260 NOV 03 2025 0058 12
R
MATCH 0026000260 A901EPAGE 2 OF 2

STATE FARM PAYMENT PLAN NUMBERNAMED INSURED
Agent: 1AF2-B8E
05-1AF2-1 A DECLARATIONS PAGE12:01 A.M. Standard Time
State Farm Mutual Automobile Insurance Company PO Box 2368 Bloomington IL 61702-2368

EXCEPTIONS, POLICY BOOKLET & ENDORSEMENTS (See policy booklet & individual endorsements for coverage details.) YOUR POLICY CONSISTS OF THIS DECLARATIONS PAGE, THE POLICY BOOKLET - FORM 9805B, AND ANY ENDORSEMENTS THAT APPLY, INCLUDING THOSE ISSUED TO YOU WITH ANY SUBSEQUENT RENEWAL NOTICE. 01 6097DS LEASED MOTOR VEHICLES-GM FINANCIAL LEASING, PO BOX 398045, MINNEAPOLIS MN 55439-8045. 02 6097DS LEASED MOTOR VEHICLES-MERCEDES-BENZ FINANCIAL INSURANCE SERVICES, PO BOX 685, ROANOKE TX 76262-0685. 03 6028BU ADDITIONAL INSURED-CERDA-ZEOM REAL ESTATE, 1417 EVERETT ST, ALAMEDA CA 94501-4631. 04 6028BU ADDITIONAL INSURED-RIVERROCK REAL ESTATE GROUP, CITY OF ALAMEDA, THE CITY COUNCIL,ALAMEDA POWER&TELECOM, 950 W MALL SQ, ALAMEDA CA 94501-7575. 05 6028BU ADDITIONAL INSURED-THE HOUSING AUTHORITY OF THE CITY OF ALAMEDA, AND ISAOA, 950 W MALL SQ, ALAMEDA CA 94501-7575. 6125A AMENDATORY ENDORSEMENT. 6126MD EXCESS COVERAGE FOR PERSONAL VEHICLE SHARING. 6129J AMENDATORY ENDORSEMENT. 155-3866 CA.2 05-2002 (o1a025fc)
Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 45 B10
Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 46 ED1
PLEASE ATTACH TO YOUR POLICY BOOKLET Policy Number: 270 0112-E03-05ISheet 1 of 1 12642 /04410
________
Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 47 PLEASE ATTACH TO YOUR POLICY BOOKLET Policy Number: 270 0112-E03-05I 12642 /04410
Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 48 Policy Number: 270 0112-E03-05I
Prepared March 11, 2026
Page number 1 of 5
1004583 143562 202 01-15-2018
AT2
State Farm Mutual Automobile Insurance Company
PO Box 2368
Bloomington IL 61702-2368
A-1AF2 A

CERDA-ZEIN, JOSE & NANCY
1417 EVERETT ST
ALAMEDA CA 94501-4631

AUTO RENEWAL
PREMIUM PAID: $1,621.35
DO NOT PAY.

Your premium is billed through the State Farm Payment Plan State Farm Payment Plan Number: 1164039102
Your State Farm Agent

LARRY BOLTON
Office: 510-521-4272
Add ress: 2516-A SANTA CLARA AVE
ALAMEDA, CA 94501-4678
If you have a new or different car, have added any drivers, or have moved, please contact your agent.

Thank you for choosing State Farm.

Policy Number: 270 0112-E03-05I
Policy Period: May 3, 2026 to November 3, 2026
Vehicle:
2024 CADILLAC ESCALADE E
Principal Driver:

JOSE L CERDA-ZEIN
Notice of insurance information collection practices -
personal, family, or household insurance transactions:

We may collect customer information from persons other
than the individual or individuals applying for coverage.

Such customer information as well as other personal or privileged information subsequently collected may, in certain circumstances, be disclosed to third parties without your authorization as permitted by law.

You have the right to submit a written request to access, correct, amend, or delete your personal information and the right to receive a response within 30 days of submitting your request. If we deny your request, you have the right to file a statement with us containing the information you feel is accurate and fair along with the reasons you disagree with our denial. Instructions on how to file such request and our full privacy notice can be found
(continued on next page )
Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 49 Policy Number: 270 0112-E03-05I
Prepared March 11, 2026
Page number 2 of 5
www.statefarm.com/customer-care/privacy-security/privacy or contact your State Farm Agent.

Your auto insurance rates are impacted by the mileage your vehicle is driven. To ensure we've priced our insurance coverage accurately based on the number of miles you
drive, we obtained valid mileage information for this vehicle through a third party provider and/or from you. Annual
mileage was determined using this data and applied. Please contact your State Farm agent with questions within 30 days of your policy's renewal date.

Location used to determine rate charged-1350 HANSEN
AVE, ALAMEDA CA 94501.

When you provide a check as payment, you authorize us
either to use information from your check to make a
one-time electronic fund transfer from your account or to process the payment as a check transaction. When we use information from your check to make an electronic fund
transfer, funds may be withdrawn from your account as soon as the same day we receive your payment, and you will not receive your check back from your financial institution.

VEHICLE INFORMATION
Review your policy information carefully. If anything is incorrect, or if there are any changes to your vehicle information, please let us know right away.

Vehicle Description
Vehicle Identification
Number (VIN) Who principally drives this vehicle? How is this vehicle normally used? 2024 CADILLAC ESCALADE E 1GYS4PKL2RR160039 JOSE CERDA-ZEIN, a married individual, who will have 31 years of driving
experience as of May 03, 2026.

Business.

Other Household Vehicle(s)
Your premium may be influenced by other State Farm
policies that currently insure the following vehicle(s) in your household:
2023 MERCEDES GLE350
2025 TOYOTA TACOMA
2025 TOYOTA TACOMA
2025 TOYOTA TACOMA
2025 TOYOTA TACOMA
2025 FORD RANGER
The premium on the expiring policy term was based on
8,800 miles per year.

The premium on the renewal policy term was based on
18,000 miles per year.

Premium Adjustment
Each year, we review our medical payments and personal
injury protection coverages claim experience to determine the vehicle safety discount that is applied to each make and model. In addition, we review the comprehensive, collision, bodily injury and property damage claim experience
annually to determine which makes and models have
earned decreases or increases from State Farm's standard rates. If any changes result from our reviews, adjustments are reflected in the rates shown on this renewal notice.

DRIVER INFORMATION
Assigned Driver(s)
The following driver(s) are assigned to the vehicle(s) on this policy.

Name
Driving Experience as of
May 03, 2026
Marital
Status

JOSE L CERDA-ZEIN 31 years Married
Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 50 Policy Number: 270 0112-E03-05I
Prepared March 11, 2026
Page number 3 of 5
Other Household Driver(s)
In addition to the Principal Driver(s) and Assigned
Driver(s), your premium may be influenced by the
drivers shown below and other individuals permitted to
drive your vehicle. This list does not extend or expand coverage beyond that contained in this automobile
policy. The drivers listed below are the drivers reported to us that most frequently drive other vehicles in your household.

NANCY CERDA-ZEIN
It is your responsibility to inform us of all regular
drivers of your vehicles and changes to those drivers
throughout the life of your policy. Failure to disclose drivers may result in denial of coverage. Regular
drivers, regardless of their relationship to the primary named insured or their residence address, include:
• All drivers who drive the vehicle(s) on the policy
once or more in a typical month
• All drivers who regularly drive the vehicle(s) at
least three months of the year
• For business related vehicles, also include the
business owner(s) and employee(s) that drive the
vehicle(s) in any capacity
Principal Driver & Assigned Drivers
For each automobile, the Principal Driver is the individual who most frequently drives it.

Each driver is designated as an Assigned Driver on the household automobile that they most frequently drive. Your premium may be influenced by the information shown for
these drivers.

COVERAGE AND LIMITS See your policy for an explanation of these coverages.

A Liability
Bodily Injury 1,000,000/1,000,000
Property Damage 1,000,000 $629.59
C Medical Payments 5,000 $25.97
D 500 Deductible Comprehensive $266.51
G 1000 Deductible Collision $562.36
H Emergency Road Service $6.42
R1 Car Rental & Travel Expense
$50 Per Day, $1,500 Max $30.99
U Uninsured Motor Vehicle
Bodily Injury 250,000/500,000 $90.56
U1 Uninsured Motor Vehicle
Property Damage $8.95
Total Premium $1,621.35
If any coverage you carry is changed to give broader
protection with no additional premium charge, we will give you the broader protection without issuing a new policy, starting on the date we adopt the broader protection.

Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 51 Policy Number: 270 0112-E03-05I
Prepared March 11, 2026
Page number 4 of 5
DISCOUNTS These adjustments have already been applied to your premium.

Multiple Line P
Multicar P
Vehicle Safety P
Driving Safety Record P
California Good Driver P
Loyalty P
Total Discounts $6,129.32

SURCHARGES AND DISCOUNTS
Driving Safety Record Rating Plan
Your driving safety record, along with other rating factors, determines what you pay for Liability, Medical Payments, Comprehensive, Collision, and Uninsured Motor Vehicle
Coverages. Policyholders with no accidents and convictions pay less than those with accidents and convictions.

The Driving Safety Record Rate Level that is assigned to your policy moves up, down, or stays the same every policy renewal, depending upon your driving record. For every 12 months since the renewal following the occurrence of a
chargeable accident or the conviction of a minor violation, the initial assigned Driver Record Level for that chargeable accident or conviction shall be lowered by 1 level. For each 12 month period since the conviction of a major violation, the initial assigned Driver Record Level for that conviction shall be lowered by 2 levels. The Rate Level is increased if there are subsequent chargeable accidents or convictions.

Definition of Chargeable Accidents
Chargeable accidents for new business are those which
resulted in bodily injury or death or in payment(s) by an insurer due to damage to any property in the amount of
more than $1000. For accidents occurring prior to
December 11, 2011, an accident shall be chargeable
provided it resulted in death or in payment(s) by an insurer due to damage to any property in the amount of more than $750.

For applicants without prior insurance at the time of the accident, an accident shall be chargeable provided it
resulted in damage to any property in the amount of more than $1000 (more than $750 if the accident occurred prior to December 11, 2011).

Chargeable accidents for renewal business are those which resulted in bodily injury or death or State Farm claim
payments totaling more than $1000 (more than $750 for
accidents occurring prior to December 11, 2011) under
property damage liability coverage and collision coverage combined.

For more information about the rating plan, please contact your State Farm agent.

Superior Driver Rate Level

ADDITIONAL INFORMATION

IMPORTANT NOTICE
For your protection California law requires the
following to appear with this policy: Any person who
knowingly presents false or fraudulent information to
obtain or amend insurance coverage or to make a claim
for the payment of a loss is guilty of a crime and may be subject to fines and confinement in state prison.

If any information on this renewal notice is incomplete or inaccurate, or if you want to confirm the information we have in our records, please contact your agent. For additional information regarding discounts or coverages, see your
State Farm agent or visit statefarm.com®.

Endorsement 6130Q effective MAY 03 2026.

Important Notice Regarding Your Premium
State Farm works hard to offer you the best combination of price, service, and protection. The amount you pay for automobile insurance is determined by many factors including:
• The coverage you have
• Where you live
• The kind of car you drive
(continued on next page)
Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 52 Policy Number: 270 0112-E03-05I
Prepared March 11, 2026
Page number 5 of 5
• How the car is used
• Who drives the car
Any premium adjustment is reflected on this Auto Renewal. If you have any questions, please contact your agent.

Buying a new car? Remember to contact your agent!
When you buy an additional car or one that replaces a car already on your policy, you need to report the change to your agent promptly. Even though the dealership you purchased the car from may offer to notify your agent or insurance company, you, as the named insured, are responsible for reporting all changes to your auto policy. By contacting your agent, you can help:
• avoid any complications or lack of coverage in the event of an accident or loss, • avoid insurance verification problems with a lienholder, the police, or the department of motor vehicles, and • ensure that you receive any new discounts you may be entitled to.

Your current State Farm policy automatically provides certain coverages for a new or replacement car for up to a specified, limited number of days after you take possession of the car. Please refer to your policy for the number of days that applies in your state.

If you have any questions about coverage for a newly acquired car, please contact your State Farm agent.

Disclaimer: This message is provided for informational purposes only and does not grant any insurance coverage. The terms and conditions of coverage are set forth in your State Farm Car Policy booklet, the most recently issued Declarations Page, and any applicable endorsements.

Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 53 Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 54 POLICY NUMBERPOLICY PERIOD
(o1a025te)
DO NOT PAY PREMIUMS SHOWN ON THIS PAGE.IF AN AMOUNT IS DUE, THEN A SEPARATE STATEMENT IS ENCLOSE D.YEAR MAKE MODEL BODY STYLE VEHICLE ID. NUMBER CLASS I1SX0N
C06 0286-E07-05VCERDA-ZEIN, JOSE & NANCY1417 EVERETT ST ALAMEDA CA 94501-4631 NOV 07 2025 to MAY 07 2026VOL
1164039102
62903-1-A

LARRY BOLTON
2516-A SANTA CLARA AVE
ALAMEDA, CA 94501-4678 (510)521-4272
MUTLA000255 0058
13935 /04847
________________________________________
IPPDC06 0286 05 000255 NOV 05 2025 0058 12
MATCH 0025500255 A901E

CONTINUED
PAGE 1 OF 2

STATE FARM PAYMENT PLAN NUMBERNAMED INSURED
AGENT
PHONE:

See Reverse Side
05-1AF2-1 A DECLARATIONS PAGE12:01 A.M. Standard Time

YOUR CAR
State Farm Mutual Automobile Insurance Company PO Box 2368 Bloomington IL 61702-2368 2023 MERCEDES GLE350 4JGFB4KBXPA893594SPORT WG 103HCV1L

SYMBOLS COVERAGE & LIMITS PREMIUMS
A $497.02Liability Coverage Bodily Injury Limits Each Person, Each Accident $1,000,000 $1,000,000 Property Damage Limit Each Accident $1,000,000 C $27.41Medical Payments Coverage Limit - Each Person $5,000 D $174.69Comprehensive Coverage - $500 Deductible G $433.77Collision Coverage - $1,000 Deductible H $6.42Emergency Road Service Coverage R1 $30.99Car Rental and Travel Expenses Coverage Limit - Car Rental Expense Each Day, Each Loss $50 $1,500 U $82.87Uninsured Motor Vehicle Coverage Bodily Injury Limits Each Person, Each Accident $250,000 $500,000 U1 $8.19Uninsured Motor Vehicle Property Damage Coverage

$1,261.36 Total premium for NOV 07 2025 to MAY 07 2026.

IMPORTANT MESSAGES IMPORTANT NOTICE For your protection California law requires the following to appear with this policy: Any person who knowingly presents false or fraudulent information to obtain or amend insurance coverage or to make a claim for the payment of a loss is guilty of a crime and may be subject to fines and confinement in state prison. Replaced policy number C060286-05U. Notice of insurance information collection practices - personal, family, or household insurance transactions: We may collect customer information from persons other than the individual or individuals applying for coverage. Such customer information as well as other personal or privileged information subsequently collected may, in certain circumstances, be disclosed to third parties without your authorization as permitted by law. You have the right to submit a written request to access, correct, amend, or delete your personal information and the right to receive a response within 30 days of submitting your request. If we deny your request, you have the right to file a statement with us containing the information you feel is accurate and fair along with the reasons you disagree with our denial. Instructions on how to file such request and our full privacy notice can be found www.statefarm.com/customer-care/privacy-security/privacy or contact your State Farm Agent. Location used to determine rate charged-1350 HANSEN AVE, ALAMEDA CA 94501. 155-3866 CA.2 05-2002 (o1a025fc)
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C06 0286-E07-05VCERDA-ZEIN, JOSE & NANCY1417 EVERETT ST ALAMEDA CA 94501-4631 NOV 07 2025 to MAY 07 2026VOL
1164039102
NOV 06 2025
62903-1-A
LARRY BOLTON(510)521-4272
MUTLA000255 0058
13936 /04847
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IPPDC06 0286 05 000255 NOV 05 2025 0058 12
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MATCH 0025500255 A901EPAGE 2 OF 2

STATE FARM PAYMENT PLAN NUMBERNAMED INSURED
Agent: 1AF2-B8E
05-1AF2-1 A DECLARATIONS PAGE12:01 A.M. Standard Time
State Farm Mutual Automobile Insurance Company PO Box 2368 Bloomington IL 61702-2368

EXCEPTIONS, POLICY BOOKLET & ENDORSEMENTS (See policy booklet & individual endorsements for coverage details.) YOUR POLICY CONSISTS OF THIS DECLARATIONS PAGE, THE POLICY BOOKLET - FORM 9805B, AND ANY ENDORSEMENTS THAT APPLY, INCLUDING THOSE ISSUED TO YOU WITH ANY SUBSEQUENT RENEWAL NOTICE. 01 6097DS LEASED MOTOR VEHICLES-MERCEDES-BENZ FINANCIAL INSURANCE SERVICES, PO BOX 685, ROANOKE TX 76262-0685. 02 6028BU ADDITIONAL INSURED-RIVERROCK REAL ESTATE GROUP ITS BOARDS, COMMISSIONS OFFICERS, EMPLOYEES & AGENTS, 950 W MALL SQ, ALAMEDA CA 94501-7575. 03 6028BU ADDITIONAL INSURED-CITY OF ALAMEDA, CITY COUNCIL ITS BOARDS, COMMISSIONS OFFICERS, EMPLOYEES & AGENTS, 950 W MALL SQ, ALAMEDA CA 94501-7552. 04 6028BU ADDITIONAL INSURED-ALAMEDA POWER & TELECOM ITS BOARDS, COMMISSIONS OFFICERS, EMPLOYEES & AGENTS, 950 W MALL SQ, ALAMEDA CA 94501-7575. 05 6028BU ADDITIONAL INSURED-HOUSING AUTHORITY CITY OF ALAMEDA ITS BOARDS COMMISSION OFFICERS, EMPLOYEES & AGENTS, 950 W MALL SQ, ALAMEDA CA 94501-7575. 6125A AMENDATORY ENDORSEMENT. 6126MD EXCESS COVERAGE FOR PERSONAL VEHICLE SHARING. 6129J AMENDATORY ENDORSEMENT. 155-3866 CA.2 05-2002 (o1a025fc)
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PLEASE ATTACH TO YOUR POLICY BOOKLET Policy Number: C06 0286-E07-05VSheet 1 of 1 13937 /04847
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Docusign Envelope ID: 6AABE5C3-AAF8-8FD4-817F-F9A08319ADB1 59 PLEASE ATTACH TO YOUR POLICY BOOKLET Policy Number: C06 0286-E07-05V 13937 /04847
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1004583 143562 202 01-15-2018
AT2
State Farm Mutual Automobile Insurance Company
PO Box 2368
Bloomington IL 61702-2368
A-1AF2 A

CERDA-ZEIN, JOSE & NANCY
1417 EVERETT ST
ALAMEDA CA 94501-4631

AUTO RENEWAL
PREMIUM PAID: $1,258.47
DO NOT PAY.

Your premium is billed through the State Farm Payment Plan State Farm Payment Plan Number: 1164039102
Your State Farm Agent

LARRY BOLTON
Office: 510-521-4272
Add ress: 2516-A SANTA CLARA AVE
ALAMEDA, CA 94501-4678
If you have a new or different car, have added any drivers, or have moved, please contact your agent.

Thank you for choosing State Farm.

Policy Number: C06 0286-E07-05V
Policy Period: May 7, 2026 to November 7, 2026
Vehicle:
2023 MERCEDES GLE350
Principal Driver:

NANCY CERDA-ZEIN
Notice of insurance information collection practices -
personal, family, or household insurance transactions:

We may collect customer information from persons other
than the individual or individuals applying for coverage.

You have the right to submit a written request to access, correct, amend, or delete your personal information and the right to receive a response within 30 days of submitting your request. If we deny your request, you have the right to file a statement with us containing the information you feel is accurate and fair along with the reasons you disagree with our denial. Instructions on how to file such request and our full privacy notice can be found
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www.statefarm.com/customer-care/privacy-security/privacy or contact your State Farm Agent.

Your auto insurance rates are impacted by the mileage your vehicle is driven. To ensure we've priced our insurance coverage accurately based on the number of miles you
drive, we tried to obtain valid mileage information for this vehicle through a third party provider. We were unable to obtain odometer readings and have applied an average
annual mileage using information from a third party provider and some of your vehicle and policy characteristics. Please contact your State Farm agent with questions.

Location used to determine rate charged-1350 HANSEN
AVE, ALAMEDA CA 94501.

VEHICLE INFORMATION
Review your policy information carefully. If anything is incorrect, or if there are any changes to your vehicle information, please let us know right away.

Vehicle Description
Vehicle Identification
Number (VIN) Who principally drives this vehicle? How is this vehicle normally used? 2023 MERCEDES GLE350 4JGFB4KBXPA893594 NANCY CERDA-ZEIN, a married individual, who will have 25 years of driving
experience as of May 07, 2026.

Business.

Other Household Vehicle(s)
Your premium may be influenced by other State Farm
policies that currently insure the following vehicle(s) in your household:
2024 CADILLAC ESCALADE E
2025 TOYOTA TACOMA
2025 TOYOTA TACOMA
2025 TOYOTA TACOMA
2025 TOYOTA TACOMA
2025 FORD RANGER
The premium on the expiring policy term was based on
8,800 miles per year.

The premium on the renewal policy term was based on
8,900 miles per year.

DRIVER INFORMATION
Assigned Driver(s)
The following driver(s) are assigned to the vehicle(s) on this policy.

Name
Driving Experience as of
May 07, 2026
Marital
Status

NANCY CERDA-ZEIN 25 years Married
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Other Household Driver(s)
In addition to the Principal Driver(s) and Assigned
Driver(s), your premium may be influenced by the
drivers shown below and other individuals permitted to
drive your vehicle. This list does not extend or expand coverage beyond that contained in this automobile
policy. The drivers listed below are the drivers reported to us that most frequently drive other vehicles in your household.

JOSE L CERDA-ZEIN
It is your responsibility to inform us of all regular
drivers of your vehicles and changes to those drivers
throughout the life of your policy. Failure to disclose drivers may result in denial of coverage. Regular
drivers, regardless of their relationship to the primary named insured or their residence address, include:
• All drivers who drive the vehicle(s) on the policy
once or more in a typical month
• All drivers who regularly drive the vehicle(s) at
least three months of the year
• For business related vehicles, also include the
business owner(s) and employee(s) that drive the
vehicle(s) in any capacity
Principal Driver & Assigned Drivers
For each automobile, the Principal Driver is the individual who most frequently drives it.

Each driver is designated as an Assigned Driver on the household automobile that they most frequently drive. Your premium may be influenced by the information shown for
these drivers.

COVERAGE AND LIMITS See your policy for an explanation of these coverages.

A Liability
Bodily Injury 1,000,000/1,000,000
Property Damage 1,000,000 $495.43
C Medical Payments 5,000 $27.30
D 500 Deductible Comprehensive $173.50
G 1000 Deductible Collision $433.77
H Emergency Road Service $6.42
R1 Car Rental & Travel Expense
$50 Per Day, $1,500 Max $30.99
U Uninsured Motor Vehicle
Bodily Injury 250,000/500,000 $82.87
U1 Uninsured Motor Vehicle
Property Damage $8.19
Total Premium $1,258.47
If any coverage you carry is changed to give broader
protection with no additional premium charge, we will give you the broader protection without issuing a new policy, starting on the date we adopt the broader protection.

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DISCOUNTS These adjustments have already been applied to your premium.

Multiple Line P
Multicar P
Vehicle Safety P
Driving Safety Record P
California Good Driver P
Loyalty P
Total Discounts $4,755.67

For more information about the rating plan, please contact your State Farm agent.

Superior Driver Rate Level

ADDITIONAL INFORMATION

Endorsement 6130Q effective MAY 07 2026.

Important Notice Regarding Your Premium
State Farm works hard to offer you the best combination of price, service, and protection. The amount you pay for automobile insurance is determined by many factors including:
• The coverage you have
• Where you live
• The kind of car you drive
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• How the car is used
• Who drives the car
Any premium adjustment is reflected on this Auto Renewal. If you have any questions, please contact your agent.

If you have any questions about coverage for a newly acquired car, please contact your State Farm agent.

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Alameda City CouncilJune 2, 2026

Alameda City Council
June 2, 2026