Cotati City Council
November 18, 2025

Enhanced Infrastructure Financing District Policy
Introduction
On September 24, 2014, the governor approved Senate Bill 628, which authorized the formation of an Enhanced Infrastructure Financing District (EIFD). EIFDs were proposed as an alternative development tool following the dissolution of Redevelopment Agencies in 2012.

An EIFD is a tax increment financing district that allows one or more taxing entities to secure a portion of property tax increment revenues from a specifically defined area, to finance a broad range of public infrastructure and economic development projects of community-wide significance. An EIFD does not impose new taxes or any fees on property owners.

The County's participation in an EIFD is voluntary and requires Board approval. All requests for the County to participate in an EFID must be submitted to the County Administrator and the County’s Auditor-Controller-Treasurer-Tax Collector for preliminary review to ensure they meet the minimum requirements below to be considered by the Board of Supervisors.

Purpose
This policy establishes the minimum requirements for the County’s participation in an EIFD with one or more taxing entities. Because Cities and Counties are the only taxing entities that can create an EIFD, this policy assumes that a City is requesting the County’s participation in an EIFD. However, special districts may participate in an EIFD with the County and the County may form an EIFD as the sole property tax increment contributor.

The purpose of the policy is to protect the County’s interests, to provide guidance to staff evaluating proposals requesting County participation in an EIFD, and to ensure fiscal due diligence prior to a staff recommendation to the Board of Supervisors to participate in an EIFD.

Minimum Requirements

1. The City’s contribution of property tax increment as a percentage must be greater than or equal to the County’s property tax increment contribution.

2. The County will not contribute 100 percent of its property tax increment.

3. A fiscal analysis must be conducted by the City and must demonstrate a positive net impact to the County General Fund that is attributable to the tax revenue generated from the proposed EIFD and should account for avoided costs resulting from EIFD-funded projects.

4. In addition to supporting economic development, projects in the proposed EIFD must align with established Board strategic priorities in one or more of the following areas: a) affordable housing, b) climate adaptation and resilience, c) transit-oriented development, d) active transportation, or e) advancing racial and social equity. 274 of 324
County Administrator’s Office Financial Policy February 2024

5. An EIFD proposal must be consistent with Division 2 of Title 5 of the California Government Code (Section 53398.5 - 53398.88), which authorizes the formation of EIFDs.

Revisions to the Policy
The Board may revise this EIFD policy to include requirements for fiscal analysis, proposal standards, community engagement, or other requirements. 275 of 324
Prepared For

CITY OF COTATI AND

CITY OF ROHNERT PARK
October 17,2025

PROPOSAL FOR
Professional Brokerage Services
RFP# CC18-085
Prepared By
Kosmont Companies
1601 N. Sepulveda Blvd. #382
Manhattan Beach, CA 90266
(424) 297-1070

PROPOSAL FOR

TAX INCREMENT

FINANCING DISTRICT

SERVICES
276 of 324
SECTION 1. COVER LETTER PAGE 1 - 2
SECTION 2. EXECUTIVE SUMMARY PAGE 3
SECTION 3. ORGANIZATION AND APPROACH PAGE 4 - 30
A. APPROACH TO SCOPE & FIRM OVERVIEW PAGE 4 - 13
B. RELEVANT PROJECT EXPERIENCE PAGE 14 - 21
C. MEET THE TEAM PAGE 22 - 28
D. REFERENCES PAGE 29 - 30
SECTION 4. WORK SCHEDULE & ESTIMATED TIMETABLE PAGE 31
SECTION 5. COST PROPOSAL / ESTIMATED FEE PAGE 32 - 34
SECTIONS 6-7. CONFLICT OF INTEREST & LITIGATION PAGE 35 SECTION 8. CONTRACT AGREEMENT PAGE 36
SECTION 9. EVIDENCE OF INSURANCE PAGE 37 - 39

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
i

TABLE OF CONTENTS
Photo Credit: www.sonomamarintrain.org/

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
277 of 324
Kosmont Companies
Mailing Address: 1601 N. Sepulveda Blvd., #382 (424) 297-1070 Physical Address: 1230 Rosecrans Ave., #630 Manhattan Beach, CA 90266 www.kosmont.com Manhattan Beach, CA 90266 October 17, 2025
Mr. Damien O’Bid Mr. Kevin King
City Manager Senior Analyst
City of Cotati City of Rohnert Park
201 West Sierra Ave. 130 Avram Ave.

Cotati, CA 94931 Rohnert Park, CA 94928
Re: City of Cotati and City of Rohnert Park Request for Proposals for Tax Increment Financing District Services
Dear Mr. O’Bid, Mr. King, City Staff, and Review Committee:

Kosmont & Associates, Inc., doing business as Kosmont Companies (“Consultant” or “Kosmont”) is pleased to present our proposal to the Cities of Cotati and Rohnert Park (“Client” or “Cities”) for evaluation and potential implementation of one or more Enhanced Infrastructure Financing Districts (“EIFDs”) or similar tool(s) within the Cities.

Kosmont, a certified Minority Business Enterprise (“MBE”) and Small Business Enterprise (“SBE”), was founded in 1986 by Larry J. Kosmont, Chairman and CEO. Kosmont is a full-service local government, economics, and real estate advisory firm with an award-winning track record of working with cities, counties, and other public agencies on economic development plans, infrastructure funding strategies, land use market analyses, business/industry attraction, and real estate projects, as well as real estate asset strategies and public finance transactions exceeding $12 billion.

Kosmont is extremely well-suited to provide the necessary advisory services to the Client, given our status as the State leader in the evaluation and implementation of EIFDs and other innovative publicprivate funding sources and financing mechanisms. Our firm possesses an unprecedented level of understanding, strategic thinking, and hands-on expertise necessary to successfully evaluate and implement these toolsfor the Cities.

Across California, Kosmont has facilitated the successful formation of more TIF Districts than any other firm since the dissolution of Redevelopment Agencies (22 of the 34 fully-formed EIFDs thus far), including current and previous work within the County of Sonoma in the cities of Santa Rosa, Sebastopol, Sonoma, and unincorporated County jurisdiction. No other firm has been as successful in facilitating multi-jurisdictional (e.g., city / county) partnerships in such special districts, as Kosmont has successfully facilitated the formation of six (6) city-county EIFD partnerships thus far, with two (2) additional city-county EIFD partnerships currently in the formation hearing phase.

Kosmont is actively engaged in over 50 other city and county TIF/EIFD evaluations and formations 278 of 324
2 Kosmont Companies
(424) 297-1070
www.kosmont.com
SUBMITTED BY: KOSMONT AND ASSOCIATES, INC., DBA KOSMONT COMPANIES Physical/Main Office: 2301 Rosecrans Avenue, Suite 4140, El Segundo, CA 90245 Mailing: 1601 N. Sepulveda Blvd. #382, Manhattan Beach, CA 90266 Office: (424) 297-1070 / Fax: (424) 286-4632
Principal Advisor / Point of Contact: Ken K. Hira, President / (949) 226-0288 / [email protected] Contract Negotiation: Kelly Aguilar, Director of Admin. & Ops. / (424) 297-1071 / [email protected]

CITIES OF COTATI AND ROHNERT PARK
Tax Increment Financing District Services
Follow Kosmont: @KosmontTweets
currently underway across the State.

SEC-licensed entity Kosmont Financial Services additionally facilitated the first debt issuances to be repaid from EIFD tax increment for the City of La Verne and County of Los Angeles EIFD and the Sacramento County Unincorporated Metro Air Park EIFD. We specialize in the overlap and combination of multiple available infrastructure funding and financing tools, such as EIFD, Community Facilities Districts (“CFD”), grant sources, and private sector contributions.

The Kosmont team is exceptionally well-suited to provide the requested services to the Cities. We are subject matter experts, and we have a firm grasp of regional context. We have additionally benefited from tuning into prior discussions on this specific endeavor, including a public conversation at the regular Cotati City Council meeting on November 26, 2024.

We are enthusiastic, ready, and available to provide the requested services when called upon and look forward to the opportunity to assist the Client.

We are available to discuss our proposal further at your convenience.

This proposalshall remain valid for the ninety (90) days from the date of this letter.

Sincerely,
Larry J. Kosmont, CRE® Ken K. Hira
Chairman and CEO President
279 of 324
SECTION 2.

EXECUTIVE SUMMARY

CITIES OF COTATI AND ROHNERT PARK
Tax Increment Financing District Services
280 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
3 SECTION 2.

EXECUTIVE SUMMARY

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services

EXECUTIVE SUMMARY
Kosmont is proposing a three-phased approach, consistent with the Scope of Services included in the Request for Proposals (RFP). The first phase (Initial Feasibility Analysis) is intended to establish a foundation for staff and elected officials to understand options (district types, boundaries, partnership approaches between the Cities and Sonoma County) and the potential value proposition of one or more financing district(s), as the first “go / no-go” decision point, before investing more time and resources in Phase Two.

Phase Two involves General Fund fiscal impact considerations for the Cities and the County as a potential Partner (consistent with the County EIFD Policy), representing the second “go / no-go” decision point, prior to preparation of one or more Resolutions of Intention to initiate implementation proceedings in Phase Three.

Kosmont’s approach and budget represent anticipation of various possible outcomes. We think it is possible that one of the Cities may determine at some point (e.g., Phase Two) that implementation is not feasible or desirable, while another one of the Cities may wish to proceed with implementation. In this scenario, Kosmont might only support implementation in one of the Cities. Our proposed budget is intended to illustrate the cost savings that accompany multi-jurisdictional partnership, but we would like the Cities to know that Kosmont will remain agile and flexible as conditions change along the way, having learned from experience in this specific field.

We welcome the opportunity to discuss our approach verbally during an interview with Client representatives. 281 of 324
SECTION 3.

ORGANIZATION AND

APPROACH

CITIES OF COTATI AND ROHNERT PARK
Tax Increment Financing District Services
282 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
4 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
A. APPROACH TO SCOPE
PHASE ONE: INITIAL FEASIBILITY ANALYSIS
Task 1.1: Determine Type of District or Districts
Kosmont will conduct a high-level review of special purpose financing districts to determine if EIFDs and/or another type of financing district or financing tool best meets the goals of the Cities. These districts may include, but are not limited to:
• Enhanced Infrastructure Financing Districts (EIFDs) (SB 628/AB 313/SB 63/AB 1568/SB 1145/SB 961) • Community Revitalization and Investment Authorities(CRIAs) (AB 2/AB 2492) • Infrastructure and Revitalization Financing Districts (IRFDs) (AB 229) • Affordable Housing Authorities (AHAs) (AB 1598/AB 2035) • Climate Resilience Districts (CRDs) (SB 852)
• Disaster Recovery Districts(SB 782)
• Downtown Revitalization and Economic Recovery Financing Districts(AB 1445).

Kosmont will summarize Task 1.1 findings in a matrix format, including advantages, disadvantages, and notes on relevance of each district for the Cities.

Task 1.2: Identify Economic Development Opportunities and Financial Feasibility Kosmont will analyze the project areas in RFP Exhibit A and identify development and redevelopment opportunities, and if/how these projects overlap with former Redevelopment Agency areas, while determining infrastructure opportunities where those development/redevelopment opportunities are expected to be built. Kosmont will explore financial and other needs around these potential opportunities, including costs, and if they require a public/private partnership, and how those partnerships may take shape.

Kosmont will summarize Task 1.2 findings in map, text, and table format, identifying areas of Redevelopment Agency Project Area overlap, and quantifying the magnitude of potential development or redevelopment (e.g., number of residential units, hotel rooms, commercial / industrial square footage), as well as related infrastructure costs, where available.

Approach to Tasks: The prospective assignment and consulting services that Kosmont will provide will be of a relatively limited scope and duration, and advisory in nature. Kosmont will be making recommendations only, which advise the Client and jurisdictions, including their elected officials, appointed officials, and staff, which they can accept or reject by. None of Kosmont's staff will act in a capacity as an elected official, nor appointed official, nor as staff, nor as serving in a "designated" position.

Consistent with the RFP, Kosmont proposes a phased approach, where work would not continue into subsequent phases without written authorization in advance.
283 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
5 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
Task 1.3: Determine Financing Feasibility
Kosmont will prepare a preliminary funding and financing analysis, including parties and entities that would benefit and/or pay into the district, properties impacted, bonding capacity, revenue generation, and potential infrastructure needs within the boundary. Kosmont will help engage with potential public (e.g., Sonoma County ) or private partners (e.g., landowners, developers) to determine the feasibility of the proposed financing district(s).

Kosmontsummarize Task 1.3 findings in text and table format, including:
• Potential assessed value generation from future development in the district over time • Property tax increment funding capacity at select annual benchmarks and cumulatively over varying district lifetime (e.g., 10-,20-, 30-, 45-year periods)
• Varying levels of tax increment allocation by taxing entity (e.g., Cotati 25%/50%, Rohnert Park 25%/50%, Sonoma County percentage or dollar match)
• Initial estimates of potential bonding capacity (to be prepared by Kosmont Financial Services, registered Municipal Advisor)
• Comparison of potential revenue generation to costs of targeted infrastructure improvements.

Task 1.4: Provide Roadmap
Based on evaluated financial feasibility, Kosmont will draft a roadmap with estimated timelines for implementation of an EIFD and/or another type of financing district, including required approvals for district creation, timing for agreement between partner district entities, required public noticing, options for governance, governing board composition and operation, voting procedures, how project funding issuance is determined, and other critical factors.

Kosmont will summarize Task 1.4 findings in table format with estimated timing through approximately December 2026, including alternatives for utilizing “project areas” within each financing district, which would consolidate administrative functions, while allowing for separate tracking and spending of revenues by different geographic areas.

Task 1.5: Meetings and Outreach
Kosmont anticipates two in-person meetings in Phase 1 (one at each City Council meeting) and three virtual meetings with the Cities, the public, and other entities as needed.

Kosmont will staff meetings for maximum value and cost efficiency at the direction of Cities staff. The Kosmont team includes staff based locally in Sonoma County, which may allow for additional in-person meetings beyond those committed above.

Kosmont will not continue into Phase Two work without written authorization from Client in advance. 284 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
6 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
PHASE TWO: FISCAL IMPACT ANALYSIS AND PURSUIT OF TAXING ENTITY PARTNERSHIP Following Phase One analysis of the need for one or more special purpose financing district(s) in the Cities, should each City or both Cities wish to move forward with the creation of an EIFD and/or another type of financing district, Kosmont expects to prepare analysis of how such a district or districts would impact the Cities and other relevant entities.

Task 2.1: Fiscal Impact Report on Net Impact to Entities Kosmont will draft a fiscal impact and economic benefit analysis demonstrating the fiscal impact on each potential participating entity, were the financing district to be implemented, reflecting various possible tax allocation levels and durations by taxing entity (e.g., Cotati 25%/50%, Rohnert Park 25%/50%, Sonoma County percentage or dollar match, over 10-, 20-, 30-, 45-years).

Beyond property tax increment calculations, Kosmont will estimate other fiscal revenues (e.g., unencumbered property tax, direct and indirect sales tax, hotel transient occupancy tax), primary fiscal expenditures (e.g., public safety service costs, community services), and resulting net fiscal impact (fiscal revenues net of fiscal expenditures) to be generated for participating taxing entities from district implementation.

Consultant will additionally apply an IMPLAN-based analysis to estimate the employment (job creation), labor income (wages), and economic output (value of goods and services produced) benefits to be derived from both construction and ongoing operations within the financing district(s). Direct, indirect, and indirect (multiplier) impacts will be reflected.

Task 2.1 findings will be summarized in text and table form, with back-up spreadsheet detail available for Cities and County finance and other staff’s review.

Task 2.2: Outreach of Report
Kosmont will prepare and present the fiscal impact analysis to potential public and private entity stakeholders (e.g., real estate property owners, business owners, County Board of Supervisors, the staff for the Sonoma County AuditorController, Treasurer-Tax Collector, County Counsel, and the County Administrator’s office. Kosmont anticipates one in-person meeting and three to five additional meetings in total as part of Phase 2.

Kosmont will staff meetings for maximum value and cost efficiency at the direction of Cities staff. The Kosmont team includes staff based locally in Sonoma County, which may allow for additional in-person meetings beyond those committed above.

Task 2.3: Determination of Creation of Financial District Following outreach, Kosmont will assist in direction/confirmation on whether the Cities should proceed with an EIFD and/or another type of financing district formation together or separately or not at all.

Kosmont will not continue into Phase Three work without written authorization from Client in advance. 285 of 324
PHASE THREE: IMPLEMENTATION
Should one or both of the Cities determine they will move forward with an EIFD and/or another type of financing district together or separately, Kosmont will assist with implementation of said district or districts.

Task 3.1: Documentation for Implementation of Authority Kosmont will draft required documentation for establishment of the oversight board, such as a Public Financing Authority (PFA), including the Resolution(s) of Intention (“ROI”) and associated exhibits. Task 3.1 deliverables will include draft resolutions and exhibits for City Attorney(s) to review and draft staff report content for staff review.

Task 3.2: ROI Adoption
Kosmont will coordinate and assist with presentations, public noticing, and reports to provide at the required City Council and County Board of Supervisor meetings to adopt the ROI. Kosmont anticipates three in-person meetings as part of this Task.

Task 3.3: Preparation of Infrastructure Financing Plan (IFP) Kosmont will lead and collaborate with Cities staff to prepare the report and documentation for the required IFP(s).

Kosmont will collaborate with other third-party consultants (counsel, engineering, surveyors, etc.) as appropriate, and assist clerk staff with distribution of the IFP to taxing entities, property owners, and residents within the district as may be required by the relevant financing district statute. The IFP must include a legal description of district boundaries, public improvements to be implemented, location, timing, and costs of development and financial assistance, finalized tax increment projections, intention to incur debt (e.g., bonds), district termination date, taxing entity fiscal impact analysis, and replacement housing obligations.

Task 3.4: IFP Adoption
Kosmont will coordinate and assist with required presentations, public noticing, and reports at required City Council, County Board of Supervisors, and PFA meetings and hearings to adopt the IFP and form the financing district(s).

Kosmont anticipates up to two PFA public meetings, two PFA public hearings, two City Council meetings, and up to two meetings of the County Board of Supervisors per financing district (in-person or virtual as deemed mutually appropriate by the Cities, County, and Kosmont). Kosmont budget anticipates five (5) in-person meetings per financing district.

While Kosmont is not an attorney, deliverables will include draft content for required resolutions for review by the City Attorney, County Counsel, and/or special counsel. Kosmont will additionally assist in drafting and coordinating the required noticing (e.g., website, mailing, newspaper notices) of the PFA meeting and hearings.

Once the financing district is successfully formed, Kosmont will assist City staff in completing the required filings for Change of Jurisdictional Boundaries with the State Board of Equalization.

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
7 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
286 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
KOSMONT AND ASSOCIATES, INC. DBA KOSMONT COMPANIES
Since 1986 - 39 years in Business - www.kosmont.com
POINT OF CONTACT: Ken K. Hira, President – (949) 226-0288 / [email protected] Physical/Headquarters: 2301 Rosecrans Avenue, Suite 4140, El Segundo, CA 90245 Mailing: 1601 N. Sepulveda Blvd. #382, Manhattan Beach, CA 90266 Kosmont provides services to Clients in-person, virtually from satellite locations, and from the El Segundo headquarters across the Western U.S.

Kosmont, a certified Minority Business Enterprise (“MBE”) and certified Small Business Enterprise (“SBE”), is a real estate and economic development services firm offering a full range of real estate and financial advisory, economic development strategies/plans, retail/business strategies, project finance, transaction structuring, negotiations, market analysis, feasibility studies, special district analysis, community outreach/project implementation services for both the public and private sectors. Kosmont was founded in 1986 by Larry J. Kosmont, CRE®, Chairman and CEO, is nationally recognized and has been financially stable throughout the firm's history. With decades of advisory services, Kosmont has assisted hundreds of public agencies in their quest for services and successful public private projects.

What sets Kosmont apart is our understanding of how economics relates to future project shaping, as well as our understanding of both the public and private sectors. Rather than just write reports, Kosmont believes in a comprehensive approach to advisory services that Analyzes, Strategizes, and Implements. Kosmont will integrate our established ability, strengths, seasoned experience, and hands-on approach to deliver the requested consulting services. A brief highlight of our services is as follows.

Economic Development Consulting Services
• Economic Development Strategies (EDSP/CEDS)
• Special Districts (EIFD, CRIA, CRD, CFD)
• Downtown Revitalization
• Asset Management Plans
• Developer Selection RFQ/RFP & DDA/ENA
• ROPS & RDA Dissolution Advisory Services
Real Estate Economics & Financial Advisory Services
• Fiscal & Economic Impacts
• Project Economics, Highest & Best Use (HBU) & Market Studies • Public & Private Financing Structures
• Affordable Housing (Pro Forma, Housing Element, Negotiations, Feasibility) Land Use/Zoning and Community Planning Services
• DEVELOPMENT OPPORTUNITY RESERVE (D.O.R.)®
• Sales Tax Assessment Revenue (STAR*)®
• Zoning & Implementation Strategies for Economic Development 8 FIRM OVERVIEW
SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
287 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
Kosmont is a full-service firm which also provides various integrated services through two independent and affiliated firms: Kosmont Realty (“KR”) and Kosmont Financial Services (“KFS”). KR is a full service and licensed real estate brokerage firm and KFS is a public finance firm providing financial advisory services, and is registered with the SEC.

In the aggregate, Kosmont Companies, KR, and KFS have extensive experience working with local and State government on real estate transactions between public agencies and private parties and structured project financing involving public and private funding sources. Collectively, Kosmont provides public agencies broad access to real estate consultants and brokers, public sector deal structure experts, and public-private financial advisors. We know of no other integrated set of companies that can provide a full complement of Economic Development Services, Real Estate Brokerage, and Municipal Advisory. Our diverse roles and experience in the real estate and financial industries have made us highly adaptable and skilled for this type of assignment. The chart below represents Kosmont’s wide-array of integrated services.
9 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
288 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
10 • California Association for Local Economic Development (CALED) Awards of Excellence Program
– 2024 City of Pacifica Vision 2025 & Beyond
– 2017 Redondo Beach Marine Ave Hotels Project
– 2014 South Gate Azalea Retail Project
• California City Management Foundation (CCMF)
Kosmont Companies is the proud recipient of the
– 2022 CCMF Corporate Sponsor of the Year Award
• Southern California Association of Governments (SCAG) – Sustainability Award: 5/2019 – City of Placentia
• L.A. Business Journal (LABJ) Latino Business of the Year Awards Kosmont Companies is the proud recipient of the
– 2015 Small Private Latino Business of the Year Award
• Larry J. Kosmont, CRE® is the honored recipient of the:
– 2025 CALED Golden Bear
– 2016 California Business Properties Association (CBPA) Champion of the Industry Award
For his service in real estate and economic development – 1980 City of Seal Beach John H. Nail Memorial Award
Awarded annually by the City Managers Department of
the League of California Cities
• Ken K. Hira is the honored recipient of the:
– 2024 ICSC Lifetime ICSC Trustees’ Distinguished Service Award based on over 20 years of volunteer leadership
Kosmont Companies is proud to be in the
Los Angeles Business Journal 2022 and 2025 Book of Lists as one of the Top 100 Minority-Owned Businesses.

PROUD RECIPIENTS OF THE FOLLOWING AWARDS
SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
289 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
11 Kosmont has been providing cities, counties, other public agencies, and private sector real estate development and investment entities with economic development, real estate, and public finance advisory services since 1986. In that time, we have guided the development of more than 1,000 public-private projects. Kosmont currently provides advisory services to help numerous city and county clients across California, navigate and implement comprehensive economic development and infrastructure funding strategiesin partnership with the private sector.

Kosmont is the undisputed leader in tax increment financing (TIF) in California, having facilitated the successful formation of more TIF Districts than any other firm since the dissolution of Redevelopment Agencies (22 of the 34 fully-formed EIFDs thus far), including current and previous work within the County of Sonoma in the Cities of Santa Rosa, Sebastopol, Sonoma, and unincorporated County jurisdiction. No other firm has been as successful in facilitating multi-jurisdictional (e.g., city / county) partnerships in such special districts, as Kosmont has successfully facilitated the formation of six (6) city-county EIFD partnerships thus far, with two (2) additional city-county EIFD partnerships currently in the formation hearing phase. Kosmont is actively engaged in over 50 other city and county TIF/EIFD evaluations and formations currently underway across the State.

SEC-licensed entity Kosmont Financial Services additionally facilitated the first debt issuances to be repaid from EIFD tax increment for the City of La Verne and County of Los Angeles EIFD and the Sacramento County Unincorporated Metro Air Park EIFD. We specialize in the overlap and combination of multiple available infrastructure funding and financing tools,such as EIFD, Community Facilities Districts(“CFD”), grant sources, and private sector contributions.

SPECIALTY AREAS OF EXPERTISE
SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
290 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
Exhibit 1: Kosmont Financing Districts in Progress Statewide (includes Market and Fiscal Impact Analysis) 12 Fully Formed In Formation Process Under Evaluation
SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
291 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
Exhibit 1 Continued: Sample of Kosmont-Led Financing District Progress by Stage of Implementation (Table and Legend Correspond to Map on Previous Page)
Fully Formed In Formation Process Under Evaluation
13 Jurisdiction Purpose
Apple Valley Industrial and housing supportive infrastructure Banning (CRIA) Downtown revitalization, industrial infrastructure Barstow Industrial and housing supportive infrastructure Brentwood Housing, employment, and transit-supportive infrastructure Buena Park Mall reimagination, tourism-supportive infrastructure Calipatria (CRD) Economic and climate resilience infrastructure Carson + L.A. County Remediation, affordable housing, recreation Citrus Heights Mall reimagination
Covina Downtown housing and blended use supportive infrastructure Fairfield Downtown, housing, and transit-supportive infrastructure Fresno Downtown, housing and transit-supportive infrastructure Fresno County Industrial and commercial supportive infrastructure Humboldt County Coastal mixed-use and energy supportive infrastructure Inglewood (CRD) Transportation and affordable housing
Imperial County Renewable energy, housing and infrastructure La Verne + L.A. County Housing and transit-supportive infrastructure Lakewood + L.A. County Mall reimagination, smart streets, affordable housing Long Beach Economic empowerment and affordable housing
Los Angeles (Downtown, San Pedro, other) Affordable housing and transit-supportive infrastructure Los Angeles County West Carson Housing / bio-science / tech infrastructure Madera County (3 Districts) Water, sewer, roads and other housing infrastructure Modesto + Stanislaus County Downtown, housing, and recreation infrastructure Mount Shasta Rural brownfield mixed-use infrastructure
Napa Downtown, housing, tourism supportive infrastructure Norwalk + L.A. County Affordable housing and infrastructure Ontario Airport-related, blended use, infrastructure
Palmdale + L.A. County Housing, blended use, transit infrastructure Pittsburg Housing, commercial, and tech park infrastructure Placentia + Orange County Housing and TOD infrastructure Rancho Cucamonga Blended use and connectivity infrastructure Redlands Education related blended use, mall reimagination Redondo Beach + L.A. County Parks / open space, recreation infrastructure Riverside County Thousand Palms Housing, hospitality, medical supportive infrastructure Sacramento County (Unincorporated) Industrial / commercial supportive infrastructure Salinas Water, sewer, and other housing supportive infrastructure Sanger Commercial, hospitality, supportive infrastructure Santa Cruz (EIFD + CRD) Downtown, blended use, and climate resilience infrastructure Santa Fe Springs Housing and transit-oriented development infrastructure Santa Rosa + County of Sonoma Downtown investment, affordable housing, aging infrastructure Vacaville Housing and business park infrastructure
Yucaipa Housing and commercial infrastructure
SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
292 of 324
B. RELEVANT PROJECT EXPERIENCE
14 CITY OF NAPA: Enhanced Infrastructure Financing District (EIFD) Formation Kosmont was retained by the City of Napa for technical advisory related to the formation of the City of Napa Enhanced Infrastructure Financing District (EIFD). The EIFD encompasses approximately 840 acres including a mix of potential future land uses on significantly underutilized properties. Kosmont prepared the governing Infrastructure Financing Plan (IFP), tax increment revenue projections, fiscal impact and economic benefit analysis, staff reports, resolutions, and required public mailing, newspaper, and website notices. Kosmont lead presentations to the City Council, the EIFD Public Financing Authority (PFA), and County staff and elected officials regarding the proposed activities of the EIFD. The Napa EIFD was successfully formed as the first EIFD in Napa County on July 6, 2022.

Kosmont continuesto serve the City of Napa in areas of EIFD implementationn and Surplus Land Act evaluation.

SAMPLE WORK PRODUCT: Link to Napa EIFD website (see Infrastructure Financing Plan and Appendices) https://www.cityofnapa.org/1171/Enhanced-Infrastructure-Financing-Distri SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
293 of 324

LETTER OF RECOMMENDATION
15 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
294 of 324
Kosmont is currently retained by Metro as part of a team with Morgner Construction Management to provide Value Capture Support advisory services to cities and the County of Los Angeles in connection with current and proposed Metro transit stations across the Metro’s various transit corridors (e.g., WSAB, Foothill, ESP2).

Kosmont is providing station-area specific value capture analysis regarding the feasibility and magnitude of potential tax increment financing (TIF) mechanisms such as Enhanced Infrastructure Financing Districts (EIFDs) in order to assist cities and the County is meeting their respective local cost match requirements and to support their investment in first/last-mile infrastructure to support TOD adjacent to station areas. Kosmont is additionally leveraging its relationships and experience with the various affected municipalities across the County (and experience with municipalities across the state regarding transit value capture) to demonstrate and communicate the value of collaborating with Metro in station area Value Capture matters.

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
16 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY (METRO):

Systemwide Value Capture Support Advisory
COUNTY OF HUMBOLDT: Samoa Peninsula Enhanced Infrastructure Financing District (EIFD) Formation
Kosmont was retained by the County of Humboldt for technical advisory related to the formation of the Samoa Peninsula Enhanced Infrastructure Financing District (EIFD) in unincorporated County jurisdiction. The EIFD is approximately 2,400 acres encompassing a mix of potential future land uses on significantly underutilized properties. Kosmont providing analysis and peer review of the guiding Infrastructure Financing Plan, tax increment revenue projections, fiscal impact and economic benefit analysis, staff reports, resolutions, and required public mailing, newspaper, and website notices.

WORK SAMPLE: Samoa Peninsula EIFD
295 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
17 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
COUNTY OF SACRAMENTO: Metro Air Park Enhanced Infrastructure Financing District (EIFD) Formation
Kosmont was retained by Metro Air Park LLC, the property owner consortium representing approximately 1,892 acres of land immediately east of the Sacramento International Airport (SMF). Kosmont prepared an analysis of the feasibility of an Enhanced Infrastructure Financing District (EIFD) in the unincorporated County jurisdiction. Kosmont prepared tax increment revenue projections, General Fund net fiscal impact and economic analysis, and participated in numerous briefings with County executive staff and the County Supervisors. Kosmont efforts resulted in the formation of the Metro Air Park EIFD in April 2021.
• 1,892 acres (approx. 0.30% of County total 636,000 acres) • 22 million+ SF in development potential
• $4.6 billion+ in assessed value creation over next 30 years • EIFD funding relieved infeasible impact fee program, will provide $200M over ~35 years
296 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
18 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
La Verne Crossings – Transit Oriented Development
CITY OF FRESNO: Downtown and Blackstone BRT Corridor Enhanced Infrastructure Financing District (EIFD) Evaluation and Formation
Kosmont evaluated and led the successful formation of an enhanced Infrastructure Financing District (EIFD) encompassing approximately 4,200 acres in the Downtown and Blackstone Avenue Bus Rapid Transit (BRT) Corridor areas of the City, an area almost entirely comprised of Opportunity Zone and Disadvantaged Community Census Tracts.

The district will generate approximately $350 million in funding for transit and housing-supportive infrastructure to catalyze and support future growth and reinvestment into the local community. The Fresno City Council and the EIFD Public Financing Authority (PFA) approved the final Infrastructure Financing Plan (IFP) in September 2020, marking the first City-lead EIFD in the Central Valley.

Work sample: https://www.fresno.gov/eifd
Kosmont was retained by the City of La Verne to initiate an EIFD feasibility study for a multi-agency proposed District that would help finance public infrastructure and encourage private investment for a variety for commercial and mixed-use projects. The proposed project area is in a transit-oriented development (TOD) area of the La Verne Old Town Specific Plan and surrounds a proposed Metro Gold Line Extension light rail station. Anticipated infrastructure improvements include a range of first mile / last mile, pedestrian and bicycle connectivity, roadway and other infrastructure projects. Kosmont’s work resulted in EIFD formation by the City in October 2017 as the first EIFD in the County of Los Angeles and the six-county SCAG region. After lengthy negotiations, the County of Los Angeles formally joined the district as a partner in January 2020, committing 50% of its share of property tax increment to the district. La Verne represents the second EIFD statewide involving a city and county partnership (after Placentia / Orange County).

Work Sample: City of La Verne / County of LA EIFD
CITY OF LA VERNE / COUNTY OF LOS ANGELES: Enhanced Infrastructure Financing District (EIFD) Feasibility Analysis and Formation
297 of 324
19 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services

LETTER OF RECOMMENDATION
298 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
20 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
Kosmont was retained by the City of Carson for technical advisory related to the evaluation and eventual formation of the City of Carson Enhanced Infrastructure Financing District (EIFD). The EIFD encompasses approximately 1,735 acres including a mix of potential future land uses on significantly underutilized properties. Kosmont prepared the governing Infrastructure Financing Plan (IFP), tax increment revenue projections, fiscal impact and economic benefit analysis, staff reports, resolutions, and required public mailing, newspaper, and website notices. Kosmont lead presentations to the City Council, the EIFD Public Financing Authority (PFA), and County staff and elected officials regarding the proposed activities of the EIFD. Kosmont additionally facilitated discussions with the County of Los Angeles to eventually establish the third successful City/County EIFD partnership in the County of Los Angeles. The Carson EIFD was officially formed in August 2022.

Click the links here to view the Carson EIFD website and the Carson EIFD Infrastructure Financing Plan (IFP).

CITY OF CARSON: Carson Enhanced Infrastructure Financing District (EIFD) Formation 299 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
21 For many years, Kosmont has been engaged by the Southern California Association of Governments (SCAG) for special district and tax increment financing subject matter expertise and technical advisory, serving its 191 member cities and six member counties. Kosmont developed with SCAG a special district technical screening application and assists with ongoing training services for its member cities and counties.

Kosmont has additionally led over fifteen EIFD/CRIA "Pilot Projects" funded by SCAG throughout the SCAG region, involving district feasibility evaluation, stakeholder outreach, and actual district formation. One Pilot involves the City of Placentia, where Kosmont provided the initial EIFD feasibility study for an approximately 300-acre Transit-Oriented Development (“TOD”) area surrounding their forthcoming Metrolink station. Kosmont assisted Placentia with drafting of the required Infrastructure Financing Plan (“IFP”) and tax increment negotiations with the County of Orange.

Kosmont worked with Placentia and Orange County to form the first city and county cooperative EIFD in the State, established on July 30, 2019. The EIFD is expected to approximately $27 million in infrastructure funding capacity, and Kosmont is currently assisting the City and County in underwriting the EIFD’s first debt issuance of approximately $10 million. An additional Pilot involves the unincorporated community of West Carson in Los Angeles County, where Kosmont provided initial feasibility analysis and additionally provided technical advisory, stakeholder outreach, and other assistance to form the first County-led EIFD in Southern California. The West Carson EIFD is approximately 1,587 acres, encompassing the West Carson TOD Specific Plan and Harbor-UCLA Medical Center Campus Master Plan areas. Total tax increment revenues to be generated are estimated at $625 million.

SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS (SCAG):

Special District and Value Capture Technical Advisory
SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
300 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
22 C. MEET THE TEAM
If selected, Kosmont’s Project Manager will be Kosmont Senior Vice President Joseph “Joe” Dieguez. Mr. Dieguez brings 20 years of experience (with 15 of those years at Kosmont Companies) serving public and private sector clients primarily through infrastructure funding and financing strategies, fiscal and economic impact analysis, market and economic analyses, and real estate development advisory. Mr. Dieguez will oversee this project from start to completion, be responsible for day-to-day management of the engagement with the City, and coordination of the Kosmont Team to ensure the projects are completed on time and within budget.

Mr. Dieguez will be supported by the following Kosmont Team members:
• Mr. Ken K. Hira, Kosmont President has expertise in real estate and economic development. He brings over 30 years of varied experience (17+ of those years at Kosmont Companies) in virtually every aspect of acquisition, entitlement, development, financing, asset management, disposition, downtown revitalization, and strategic plans. His strengths include a keen understanding of land use trends, business retention/attraction, negotiating public-private transactions, and implementing blended-use projects. He will provide project oversight, quality control, strategic advisory support, and make public presentations as necessary as the Principal Advisor. • Mr. Richard Kerrigan, Kosmont Senior Advisor brings over 24 years of infrastructure finance experience and will provide broad feasibility analysis support. Richard is based in Santa Rosa, CA. • Mr. Fernando Sanchez, Kosmont Vice President has been assisting Kosmont’s public and private sector clients for 10+ years and will provide GIS/Mapping and Fiscal Impact Analysis for this assignment. • Mrs. Stephanie Ontiveros, Kosmont Vice President has over 25 years of experience in the property tax world during and after the era of Redevelopment Agencies. She will provide parcel and tax rate analysis. • Ms. Lily Shenk, Kosmont Project Analysis will provide ad hoc research and analysis support.

ADDITIONAL INFORMATION:
• Kosmont provides services to Clients in-person, virtually from satellite locations, and from the El Segundo headquarters across the Western U.S.
• Team members are assigned as appropriate based on their skills, qualifications, and availability in order to adequately provide services to the City for the length of the assignment and stay within budget.

SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
301 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
23 Mr. Ken K. Hira serves as President for Kosmont Companies. An expert in real estate and economic development, Mr. Hira brings over 30 years of varied experience in virtually every aspect of acquisition, entitlement, development, financing, asset management, disposition, downtown revitalization, and strategic plans. His strengths include a keen understanding of retail trends, business retention/attraction, negotiating public-private transactions and implementing blended-use projects that revitalize communities and assist in economic development/tax generation programs.

A former Executive Vice President and mixed-use developer, Mr. Hira managed a portfolio of over $100 million of retail sites, while operating the commercial division of the company. Prior to this, as Managing Director of Acquisitions for a development company and Vice President of Development at a development firm, he evaluated and underwrote hundreds of acres of land, successfully captured and negotiated anchor tenant commitments creating $60 million of value in ground-up development and redevelopment and was responsible for 800,000 square feet of retail entitlement, design and development. As Vice President of a shopping center company based in San Diego (6 years), Mr. Hira entitled one million square feet of retail development projects, as well as led the acquisition of 24 neighborhood and community shopping centers, totaling 3.3 million square feet and valued at $375 million, and organized a $287 million recapitalization.

LICENSES/AFFILIATIONS:

Mr. Hira is an active ICSC volunteer leader. He was nominated and served as the Co-Chair of the ICSC Community Advancement Board, nationally advocating public-private partnerships, while previously serving as the ICSC Western Division P3 Retail Co-Chair, Southern California State Director, Program Committee Chair and Alliance Co-Chair. He is currently an ICSC Foundation Mentor, designated as a Legacy Volunteer, Chair Emeritus of Community Advancement, and the proud recipient of the 2024 Lifetime ICSC Trustees’ Distinguished Service Award.

Project Role:

Principal Advisor
Years with Firm: 17+
Years of Experience: 30+
Education:

Bachelor of Economics
and Business, UCLA
Ken K. Hira President
RELEVANT EXPERIENCE:

Throughout his career, Mr. Hira has managed hundreds of public and private sector consulting assignments. A few of his most recent projects are summarized below:
• City of San Rafael – Economic Development Strategic Plan and EIFD evaluation • City of Napa – EIFD implementation advisory
• City of Norwalk – Economic Development Opportunities Plan, Public Private Projects, EIFD Formation • City of Lakewood and Los Angeles County – EIFD formation • City of Downey – EIFD Evaluation
• City of Menifee – Market Analyses, Economic Development Advisory / Training • Confidential Client, San Jose, CA – EIFD and CFD Evaluation • City of Santa Cruz, CA – EIFD and Climate Resilience District (CRD) Evaluation • City of Fresno, CA – Downtown / Blackstone Bus Rapid Transit Corridor EIFD Formation • City of Indian Wells, CA – EIFD Evaluation, Public Private Projects • City of Banning – Comprehensive Economic Development Strategy (CEDS), TIF/CRIA Evaluation • City of El Cajon, CA – EIFD Evaluation
SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
302 of 324
RELEVANT EXPERIENCE: A few of his more recent projects are summarized below:
• County of Sonoma – EIFD Partnership Evaluation for City of Santa Rosa EIFD • City of Sebastopol - EIFD Evaluation including City and Unincorporated Sonoma County 5th Supervisorial District • City of Napa – EIFD Evaluation and Formation, Annual Report Preparation • City of San Rafael – EIFD evaluation
• City of Santa Cruz – EIFD and Climate Resilience District (CRD) Evaluation • County of Humboldt - Samoa Peninsula EIFD Formation
• County of Madera – EIFD Evaluation and EIFD Annual Report Preparation (three EIFDs) • County of Sacramento – Unincorporated Metro Air Park EIFD Evaluation and Formation • City of Los Angeles – Downtown EIFD Evaluation, San Pedro EIFD Evaluation and Formation • County of Los Angeles – EIFD Policy, Unincorporated West Carson EIFD Evaluation and Formation • City of La Verne and County of L.A. – Enhanced Infrastructure Financing District (EIFD) Formation + Debt Issuance • City of Carson + L.A. County – EIFD Evaluation and Formation • Southern California Associated of Governments (SCAG) – Financing District Technical Advisor • City of Rancho Cucamonga – EIFD Evaluation and Formation, Annual Report Preparation • City of Placentia + County of Orange – County EIFD Policy, EIFD Formation and Debt Issuance, Annual Report Prep • City of Seaside – EIFD and Community Revitalization and Investment Authority (CRIA) Evaluation • City of Fresno – Downtown / Blackstone Bus Rapid Transit Corridor EIFD Formation, Annual Report Preparation • City of San Luis Obispo – Development Agreement Negotiation, Infrastructure Financing Plan Preparation, Community Facilities District Formation and Debt Issuance • City of Brentwood – EIFD Evaluation
• City of Pittsburg – EIFD Evaluation and Formation
Project Role:

Project Manager
Years with Firm: 15
Years of Experience: 20
Education:

Bachelors of Science,
Mechanical Engineering,
Massachusetts Institute
of Technology
Mr. Joseph Dieguez is a Senior Vice President with Kosmont Companies serving public and private sector clients primarily through market and economic analyses, strategic planning, and real estate development advisory. His recent work includes special / tax increment district implementation (including Enhanced Infrastructure Financing Districts and Community Revitalization and Investment Authorities), market supply and demand analysis, fiscal impact and economic benefit studies, financial feasibility and development pro forma evaluation, and property reuse strategies for municipalities, real estate investment and development firms, and multiple Fortune 500 clients.

Prior to joining Kosmont Companies, Mr. Dieguez served as a senior analyst at a real estate investment and development firm and as an analyst at a top management consulting firm, responsible for industry, market, portfolio and property-level analysis, negotiations, and transaction execution support for investment banks, private equity firms, and other financial institution clients. Joseph was previously an assistant project manager at a construction management firm, where he assisted with RFQ/P development and project implementation.

LICENSES/AFFILIATIONS: Mr. Dieguez is a licensed Real Estate Salesperson, licensed by the State of California Department of Real Estate (No. 01893926). He is also a Municipal Advisor Representative having achieved the MSRB Series 50 professional qualification and is duly registered with the SEC/MSRB.

Joseph Dieguez Sr. Vice President
24 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
303 of 324
Mr. Richard Kerrigan is a Senior Advisor with Kosmont Companies, bringing over 24 years of global experience in infrastructure and real estate advisory. He is a qualified Corporate Finance professional with the Chartered Professional Accountants of Canada and a licensed professional engineer in the U.K. with the Institution of Structural Engineers.

Originally from Ireland and based in San Francisco since 2009, Richard has provided strategic planning, procurement, and financing advice for over $20 billion in public and private sector projects. His core expertise lies in delivering innovative, customized financial solutions which include Public Private Partnerships (P3) and value capture (CFD, EIFD and impact fees) that integrate political, legal, and technical considerations to help get complex, high-profile projects across the finish line.

Richard specializes in guiding complex public projects from early-stage planning and feasibility, formation through procurement, financing and project delivery. He focuses on creating value through efficient funding strategies, risk management, and competitive procurement processes. His approach aligns stakeholder incentives and builds consensusto drive valuable, sustainable, community-aligned outcomes.

Throughout his career, Richard has worked on more than 50 projects across 14 U.S. states and 11 countries. His has had a broad market focus in transportation and social infrastructure, where he has advised federal, state, county, and local agencies, as well as private equity firms, developers, underwriters, and lenders.

His experience spans a wide range of assets, including tolled highways, express lanes, bridges, transit and rail systems, airports, fare collection systems, courthouses, hospitals, universities, government buildings, sports and recreation facilities, and renewable energy projects.

LICENSES/AFFILIATIONS: Mr. Richard Kerrigan is registered Professional Engineer and Professional Member of The Institution of Structural Engineers, U.K.

AWARDS: Received the Financial Advisor Team Award in 2019 Transit Deal of the Year, 2019 Social Infrastructure Deal of the Year, and 2019 Financial Structure of the Year awarded by P3 Bulletin.

RELEVANT EXPERIENCE:
• MTC / ABAG / City of Berkeley TIF Feasibility Analysis • City / County of Sonoma TIF Feasibility Analysis
• Los Angeles County Metro Value Capture Support Advisory Services • City of Pasadena TIF Feasibility Analysis
Project Role:

Feasibility Analysis
Support
Years with Firm: <1
Years of Experience: 24+
Education:

Bachelor’s Degree of
Engineering, Trinity
College Dublin, College
Green, Ireland

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
Richard Kerrigan Senior Advisor (Based in Santa Rosa, CA) 25 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
304 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
26 Mr. Fernando Sanchez is a Vice President with Kosmont Companies assisting public and private sector clients with market and economic analyses, strategic planning, and real estate development advisory. His recent work includes market supply and demand analysis, prioritization of strategic opportunity sites for retail and future development, analysis of potential development uses, and geospatial analysis of boundaries and funding and financing feasibility studies of new infrastructure financing districts, including Enhanced Infrastructure Financing Districts (EIFDs).

Prior to joining Kosmont Companies, Mr. Sanchez also worked as an Analyst for Entertainment and Culture Advisors, a Los Angeles-based economic consulting firm specializing in the entertainment and attractions industry. Other previous experience includes working as an Analyst and Project Manager for JDT International Inc., a residential real estate developer in Philadelphia, and working as a Transportation Planner with the City of Philadelphia Mayor’s Office of Transportation and Utilities.

LICENSES/AFFILIATIONS:

Mr. Sanchez is a member of the American Planning Association and the Urban Land Institute. He also serves as the Treasurer of the Princeton Club of Southern California.

LANGUAGES:

Mr. Sanchez is fluent in English and Spanish.

RELEVANT EXPERIENCE:

A few of his more recent projects are summarized below:
• County of Sonoma – EIFD Partnership Evaluation for City of Santa Rosa EIFD • City of Sebastopol - EIFD Evaluation including City and Unincorporated Sonoma County 5th Supervisorial District • City of Napa (EIFD Evaluation and Formation; General Fund Fiscal Impact Analysis) • City of Brentwood (Enhanced Infrastructure Financing District (“EIFD”) Evaluation; Contra Costa County General Fund Fiscal Impact Analysis)
• City of Norwalk – Economic Development Opportunities Plan, Public Private Projects, EIFD • City of Lakewood and Los Angeles County – EIFD formation • City of St. Helena (Highest and Best Use Analysis; Asset Strategy; Downtown Revitalization) • City of Seaside (EIFD and CRIA Evaluation)
• City of Watsonville (EIFD Evaluation)
• City of Riverside – EIFD and CRIA Evaluation
• City of Ontario (EIFD Evaluation)
Project Role:

GIS/Mapping, Analysis
Years with Firm: 10+
Years of Experience: 11+
Education:
- Master of City Planning,
Univ. of Pennsylvania,
(focus: public and private
real estate development)
- Bachelor of Arts,
Princeton University
Fernando Sanchez Vice President
SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
305 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
27 LICENSES/AFFILIATIONS:

Ms. Ontiveros is a Municipal Advisor Representative having achieved the MSRB Series 50 professional qualification and a Real Estate Salesperson licensed by the State of California Department of Real Estate (CA DRE# 02213331).

RELEVANT EXPERIENCE:

A few of her more recent projects are summarized below:
• City of Napa EIFD Evaluation and Formation
• City of Mount Shasta + County + Siskiyou EIFD Evaluation • City of Fairfield EIFD Evaluation
• City of Fresno EIFD Evaluation and Formation
• City of Rancho Cucamonga EIFD Evaluation
• City of Sanger EIFD Formation
• County of Madera EIFD implementation and annual reporting, EIFD base year and tax increment audit
• City of Placentia and County of Orange EIFD implementation and annual reporting • Menlo Park Fire Protection District – Tax Increment Projections • City of Torrance – Tax Increment Projections
• City of Thousand Oaks – Tax Increment Projections
• City of Roseville – Tax Increment Projections
• City of Clovis – Annual Annexation Review and County Fire Transition Fee Calculations
• City of San Rafael – EIFD evaluation
• City of Los Angeles – Downtown EIFD Evaluation, San Pedro EIFD Evaluation and Formation
• City of Redondo Beach + L.A. County – EIFD Evaluation and Formation Ms. Stephanie Ontiveros is a Vice President with Kosmont Companies and has extensive public agency consulting experience in economic development, redevelopment and finance. Prior to joining Kosmont, Ms. Ontiveros served as a financial consultant to over 90 cities, agencies and special districts throughout California, specializing in Property Tax and Tax Increment analysis, revenue evaluation, forecasting and budgeting. Ms. Ontiveros has conducted numerous special analysis projects for various city specific needs.

Project Role:

Parcel and Tax Rate
Analysis Specialist
Years with Firm: 4+
Years of Experience: 25+
Education:
- Bachelor of Science,
Business Administration
– Finance, California
State University, Fresno
Stephanie Ontiveros Vice President
SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
306 of 324
Ms. Lily Schenk is a Project Analyst with Kosmont Companies, providing support to senior personal through GIS mapping, financial analysis, project due diligence, analysis, and regulatory review.

Ms. Schenk’s background is in land development, geospatial, and cartography. Prior to joining Kosmont, she studied urban planning and construction management, and economic development at Arizona State University. Her thesis was on the impact of Opportunity Zones. Ms. Schenk’s experience includes stakeholder outreach, feasibility studies, market analyses, and land development.

LICENSES/AFFILIATIONS:

Ms. Schenk is a member of ICSC and the Urban Land Institute. She also holds an Arizona Real Estate License.

RELEVANT EXPERIENCE:
• City of Montebello (Demographic and Market Analysis for Special Plan) • City of Orange (Market Analysis)
• City of Palmdale (Economic Developmentstrategy)
• City of Palmdale (Retail Analysis)
• City of Yreka (Financing District Strategy)
• City of Thousand Palms(Financing District Strategy)
• City of Thousand Palms(Financing District Strategy)
• City of Montebello (Financing District Strategy)
Project Role:

Project ad hoc research
and analysis support
Years with Firm: <1
Years of Experience: 1
Education:

BSP Urban Planning,
Arizona State University

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
Lily Schenk Project Analyst
28 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
307 of 324
Client Name: County of Sonoma
Client Contact: Christel Querijero, Deputy County Administrator, (707) 565-2431, [email protected]
Project Title: Santa Rosa and Sonoma County Financing District Formation Description: Advisor to County of Sonoma in evaluation and negotiation with City of Santa Rosa for the Santa Rosa Downtown EIFD.

Final Outcome: City/County EIFD partnership formed in 2025 Project Start Date & End Date: August 2024 – June 2025
Client Name: City of Napa
Client Contact: Neal Harrison, Economic Development Manager, (707) 258-7857, [email protected]
Project Title: Napa Financing District Formation and Administration Description: Led district formation, now assisting with ongoing annual administration and reporting Final Outcome: EIFD formed July 2022
Project Start Date & End Date: 2020 – Present
Client Name: County of Humboldt
Client Contact: Scott Adair, Former Economic Development Director in Humboldt County, Current Chief Economic Development Officer in Santa Rosa, (707) 543-4242, [email protected] Project Title: EIFD Formation
Description: Evaluation and formation of Samoa Peninsula EIFD in unincorporated County jurisdiction Final Outcome: EIFD formed in April 2022
Project Start Date & End Date: 2020 - 2022
Client Name: City of Mount Shasta
Client Contact: Todd Juhasz, City Manager, (530) 926-7519, [email protected] Project Title: Mount Shasta EIFD Formation
Description: Evaluation and formation of an EIFD
Final Outcome: EIFD formed February 2025
Project Start Date & End Date: 2023 - 2025
Client Name: City of Pittsburg
Client Contact: Jordan Davis, Director of Economic Development, (925) 252-4015, [email protected] Project Title: Pittsburg EIFD Formation
Description: Evaluation and formation of an EIFD, County negotiations Final Outcome: EIFD formation in July 2025
Project Start Date & End Date: 2018 - Present

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
29 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
D. REFERENCES
308 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
30 SECTION 3. ORGANIZATION

AND APPROACH

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
Client Name: City of Carson
Client Contact: James Nguyen, Economic Development Manager, (310) 952-1700, [email protected] Project Title: City of Carson and County of Los Angeles EIFD Description: Evaluation and formation of an enhanced infrastructure financing district (EIFD), City/County negotiations, ongoing administration and revenue reporting Final Outcome: City/County EIFD partnership formed in 2022 Project Start Date & End Date: 2020 - 2022
Client Name: City of Fresno
Client Contact: Nelson Esparza, District 7 Councilmember, (559) 621-8000, [email protected] Project Title: City of Fresno Downtown BRT Corridor EIFD Description: Evaluation and formation of an EIFD, ongoing annual administration and revenue reporting Final Outcome: First EIFD formed in a Central Valley City in the State Project Start Date & End Date: 2019 – 2023
Client Name: City of Lakewood
Client Contact: Thaddeus McCormack, City Manager, (562) 866-9771, [email protected] Project Title: City of Lakewood and County of Los Angeles EIFD Description: Evaluation and formation of an EIFD, City/County inter-agency discussions and negotiations Final Outcome: City/County EIFD partnership formed in 2024 Project Start Date & End Date: March 2023 – November 2024 Client Name: County of Madera
Client Contact: Matt Treber, Chief of Development Services, (559) 675-7821, [email protected] Project Title: EIFD Formation and Annual Administration Description: Evaluation of new financing district formations, annual tax increment calculations and annual reporting for three established EIFDs within unincorporated County jurisdiction Final Outcome: Multiple EIFDs formed and administered on an ongoing basis Project Start Date & End Date: 2019 - present
Client Name: City of Norwalk
Client Contact: Jesus Gomez, City Manager, (562) 929-5700, [email protected] Project Title: Norwalk Financing District Evaluation and Formation Description: Evaluation and formation of an enhanced infrastructure financing district (EIFD) in partnership with the County of Los Angeles
Final Outcome: City/County partnership EIFD in formation hearings Project Start Date & End Date: July 2022 - Present
KOSMONT REFERENCES CONTINUED:
309 of 324
SECTION 4.

WORK SCHEDULE

AND ESTIMATED

TIMETABLE

CITIES OF COTATI AND ROHNERT PARK
Tax Increment Financing District Services
310 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
31 SECTION 4. WORK SCHEDULE
& ESTIMATED TIMETABLE

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services

PROJECT SCHEDULE AND TIMETABLE
2025 2026
TASKS Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

1.1 Determine Type of District or Districts X X

1.2 Identify Economic Development Opportunities and
Financial Feasibility X X

1.3 Determine Financing Feasibility X X X

1.4 Provide Roadmap X

1.5 Meetings and Outreach X X

2.1 Fiscal Impact Report on Net Impact to Entities X X

2.2 Outreach of Report X X

2.3 Determination of Creation of Financial District X X

3.1 Documentation for Implementation of Authority X

3.2 ROI Adoption X X

3.3 Preparation of Infrastructure Financing Plan (IFP) X X X

3.4 IFP Adoption X X X X
311 of 324
SECTION 5.

COST PROPOSAL /

ESTIMATED FEE

CITIES OF COTATI AND ROHNERT PARK
Tax Increment Financing District Services
312 of 324
Kosmont Estimated Budget
One Financing District Scenario
(One or Both Cities Combined)

KOSMONT COMPANIES
Estimated
Cost
Estimated
Hours
President SVP VP Analyst
TASKS $425 $395 $295 $195

1.1 Determine Type of District or Districts $7,470 26 12 14

1.2 Identify Economic Development Opportunities
and Financial Feasibility $12,390 42 14 14 14

1.3 Determine Financing Feasibility $12,390 42 14 14 14

1.4 Provide Roadmap $5,500 20 8 12

1.5 Meetings and Outreach $9,310 30 2 12 6 10

2.1 Fiscal Impact Report on Net Impact to Entities $17,490 62 18 18 26

2.2 Outreach of Report $14,520 48 2 16 15 15

2.3 Determination of Creation of Financial District $9,250 30 12 10 8

3.1 Documentation for Implementation of
Authority $6,490 22 8 6 8

3.2 ROI Adoption $8,350 22 2 16 4

3.3 Preparation of Infrastructure Financing Plan
(IFP) $14,220 48 2 16 12 18

3.4 IFP Adoption $19,750 62 2 28 16 16
Budget for Professional Services (Hourly) $137,130 454 10 174 115 155 Reimbursable Expenses $1,950
TOTAL $139,080

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
32 SECTION 5. COST PROPOSAL /

ESTIMATED FEE

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services

COST PROPOSAL
Budget Scenario #1 – One Financing District
Phase One Max (Tasks 1.1 – 1.5): $47,060 for both cities ($23,530 per City) Phase Two Max (Tasks 2.1 – 2.3): $41,260 for both cities ($20,630 per City) Phase Three Max (Tasks 3.1 – 3.4): $50,760 for both cities ($25,380 per City) NOTE: Duties and budgets may be allocated between tasks and personnel as deemed appropriate by Kosmont in order to adequately provide services to the Cities, stay within budget, and remain on schedule. If needed, other team members not included herein may be assigned to work on this project in a support or research role. 313 of 324
Kosmont Estimated Budget
Two Financing Districts Scenario
(One for Each of the Cities)

KOSMONT COMPANIES
Estimated
Cost
Estimated
Hours
President SVP VP Analyst
TASKS $425 $395 $295 $195

1.1 Determine Type of District or Districts $7,470 26 12 14

1.2 Identify Economic Development Opportunities
and Financial Feasibility $12,390 42 14 14 14

1.3 Determine Financing Feasibility $12,390 42 14 14 14

1.4 Provide Roadmap $5,500 20 8 12

1.5 Meetings and Outreach $9,310 30 2 12 6 10

2.1 Fiscal Impact Report on Net Impact to Entities $17,490 62 18 18 26

2.2 Outreach of Report $14,520 48 2 16 15 15

2.3 Determination of Creation of Financial District $9,250 30 12 10 8

3.1 Documentation for Implementation of
Authority $12,980 44 16 12 16

3.2 ROI Adoption $15,850 42 2 32 8

3.3 Preparation of Infrastructure Financing Plan
(IFP) $27,590 94 2 32 24 36

3.4 IFP Adoption $38,650 122 2 56 32 32
Budget for Professional Services (Hourly) $183,390 602 10 242 153 197 Reimbursable Expenses $1,950
TOTAL $185,340

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
33 SECTION 5. COST PROPOSAL /

ESTIMATED FEE

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services

COST PROPOSAL
Budget Scenario #2 – Two Financing Districts
NOTE: Duties and budgets may be allocated between tasks and personnel as deemed appropriate by Kosmont in order to adequately provide services to the Cities, stay within budget, and remain on schedule. If needed, other team members not included herein may be assigned to work on this project in a support or research role.

Phase One Max (Tasks 1.1 – 1.5): $47,060 for both cities ($23,530 per City) Phase Two Max (Tasks 2.1 – 2.3): $41,260 for both cities ($20,630 per City) Phase Three Max (Tasks 3.1 – 3.4): $97,020 for both cities ($48,510 per City) 314 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
34 SECTION 5. COST PROPOSAL /

ESTIMATED FEE

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services
Professional Services
President $425.00 / hour
Sr. Vice President/Sr. Advisor/Sr. Managing Director $395.00 / hour Vice President/Project Advisor $295.00 / hour
Senior Project Analyst $205.00 / hour
Project Analyst/Project Research $195.00 / hour
Assistant Project Analyst/Assistant Project Manager $165.00 / hour Project Promotion/Graphics/GIS Mapping Services $ 95.00 / hour Clerical Support $ 80.00 / hour
Additional Expenses
In addition to professionalservices (labor fees):
1) An administrative fee for in-house copy, fax, phone, postage costs, digital/technological support and related administrative expenses will be charged, which will be computed at four percent (4.0 %) of monthly Kosmont Companies professionalservice fees incurred; plus
2) Out-of-pocket expenditures, such as travel and mileage, professional printing, and delivery charges for messenger and overnight packages will be charged at cost. 3) Project/Market data sources for support of evaluation and analysis e.g., ESRI, CoStar/STR, Placer.ai, IMPLAN, ParcelQuest and other based on quoted project cost.
4) If Kosmont retains Third Party Vendor(s) for Client (with Client’s advance approval), fees and cost will be billed to Client at 1.1X (times) fees and costs.
5) Consultant’s attendance or participation at any public meeting, whether such participation is in person, digital, video and/or telephonic (e.g., City Council, Planning Commission, Public Agency Board, other) requested by Client and are beyond those specifically identified in the Scope of Work will be billed at the professionalservices (hourly) fees as shown on this rate sheet.

Charges for Court/Deposition/Expert Witness-Related Appearances Court-related (non-preparation) activities, such as court appearances, depositions, mediation, arbitration, dispute resolution and other expert witness activities, will be charged at a court rate of 1.5 times scheduled rates, with a 4-hour minimum.

Rates Effective until December 31, 2025. For and during the term of the subject Agreement, the above referenced rates in each category will be increased, effective January 1, 2026, and annually thereafter, to reflect the adjustment in the CPI (U.S. Dept. of Labor, Bureau of Labor Statistics) All Cities Average Consumer Price Index for the prior year. As an example, the US City Average Consumer Price Index (CPI-U) for January 2025 was 317.671, representing a change of 3.0 percent over the index for January 2024.

KOSMONT HOURLY RATE FEE SCHEDULE
315 of 324
SECTIONS 6-7.

CONFLICT OF INTEREST
& LITIGATION

CITIES OF COTATI AND ROHNERT PARK
Tax Increment Financing District Services
316 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
35 SECTIONS 6-7. CONFLICT OF

INTEREST & LITIGATION

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services

CONFLICT OF INTEREST
Consultant has no financial, business or other relationship with the Cities that may have an impact upon the outcome of the contract or the construction project. Consultant knows of no current clients who may have a financial interest in the outcome of this contract or the construction project that will follow. Consultant has no financial interest or relationship with construction companiesthat might submit a bid on the construction project.

LITIGATION
Consultant has not been involved with litigation in connection with prior projects. 317 of 324
SECTION 8.

CONTRACT AGREEMENT

CITIES OF COTATI AND ROHNERT PARK
Tax Increment Financing District Services
318 of 324

KOSMONT COMPANIES
1601 N. Sepulveda Blvd., #382 I Manhattan Beach, CA 90266 I 424.297.1070 www.kosmont.com
36 SECTION 8.

CONTRACT AGREEMENT

CITIES OF COTATI & ROHNERT PARK
Tax Increment Financing District Services

TRANSMITTAL LETTER - CONTRACT AGREEMENT MODIFICATIONS
Kosmont kindly requests the following modifications to the Cities’ proposed Professional Services Agreements.

CITY OF COTATI PROFESSIONAL SERVICES AGREEMENT
Consultant requests the strike of 18. Statement of Economic Interest in the City of Cotati’s Professional Services agreement. Consultant is not a “Consultant” by definition in the code and does not make political decisions.

Consultant requests the addition of “reasonable” in front of “attorney’s fees” in Section 25. Indemnification as well as the striking of “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.” Consultant requests a cap on survival in 37. Survival of four years, in alignment with the applicable statute of limitations.

CITY OF ROHNERT PARK MASTER AGREEMENT FOR CONSULTING SERVICES Consultant requests the addition of “reasonable” in front of “attorney’s fees” in Section 11. Indemnity in the City of Rohnert Park’s Master Services Agreement.

In Section 16. Insurance, Consultant requests the striking of “Without limiting Consultant’s indemnification provided herein,”
On Exhibit B, Consultant requests the insurance maintenance requirement be reduced to four (4) years.

As requested, Professional Services Agreement redlines with Consultant’s requested modifications for Cities are provided as additional documentsincluded within the proposal package. 319 of 324
SECTION 9.

EVIDENCE OF INSURANCE

CITIES OF COTATI AND ROHNERT PARK
Tax Increment Financing District Services
320 of 324
© 1988-2016 ACORD CORPORATION. All rights reserved.

The ACORD name and logo are registered marks of ACORD

CERTIFICATE HOLDER
ACORD 25 (2016/03)

AUTHORIZED REPRESENTATIVE

CANCELLATION

DATE (MM/DD/YYYY) CERTIFICATE OF LIABILITY INSURANCE
JECT LOC PRO- POLICY GEN'L AGGREGATE LIMIT APPLIES PER:

CLAIMS-MADE OCCUR

COMMERCIAL GENERAL LIABILITY
PREMISES (Ea occurrence) $ DAMAGE TO RENTED
EACH OCCURRENCE $
MED EXP (Any one person) $
PERSONAL & ADV INJURY $
GENERAL AGGREGATE $
PRODUCTS - COMP/OP AGG $
DED RETENTION $ CLAIMS-MADE OCCUR
$ AGGREGATE $ UMBRELLA LIAB EACH OCCURRENCE $ EXCESS LIAB DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required) INSR

LTR TYPE OF INSURANCE POLICY NUMBER

POLICY EFF
(MM/DD/YYYY) POLICY EXP(MM/DD/YYYY) LIMITS
PER

STATUTE OTH- ER
E.L. EACH ACCIDENT E.L. DISEASE - EA EMPLOYEE
E.L. DISEASE - POLICY LIMIT
$
$
$

ANY PROPRIETOR/PARTNER/EXECUTIVE
If yes, describe under DESCRIPTION OF OPERATIONS below
(Mandatory in NH) OFFICER/MEMBER EXCLUDED? WORKERS COMPENSATION

AND EMPLOYERS' LIABILITY Y / N

AUTOMOBILE LIABILITY ANY AUTO

ALL OWNED SCHEDULED

HIRED AUTOS NON-OWNED

AUTOS AUTOS
AUTOS
COMBINED SINGLE LIMIT BODILY INJURY (Per person)
BODILY INJURY (Per accident) PROPERTY DAMAGE $$
$
$

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.

INSD

ADDL WVDSUBR
N / A
$
$
(Ea accident)
(Per accident)
OTHER:

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:

INSURED
PHONE
(A/C, No, Ext): PRODUCER
E-MAIL
ADDRESS:

FAX
(A/C, No): CONTACT NAME:

NAIC #
INSURER A :

INSURER B :

INSURER C :

INSURER D :

INSURER E :

INSURER F :

INSURER(S) AFFORDING COVERAGE

SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE

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

Acct#: 1171322 10/02/2025 LOCKTON COMPANIES, LLC 888-828-8365 3657 Briarpark Dr., Suite 700 Houston, TX 77042 Indemnity Insurance Company of North America 43575 KOSMONT & ASSOCIATES, INC. 2301 ROSECRANS AVE STE 4140 EL SEGUNDO, CA 90245-4966 A C73919095 10/01/2025 10/01/2026
X
1000000 1000000 1000000 [email protected] Proof of Coverage 321 of 324
322 of 324
ANY PROPRIETOR/PARTNER/EXECUTIVE OFFICER/MEMBER EXCLUDED?

INSR ADDL SUBR

LTR INSD WVD
PRODUCER CONTACT NAME: PHONE FAX
(A/C, No, Ext): (A/C, No): E-MAIL ADDRESS:

INSURER A :

INSURED INSURER B :

INSURER C :

INSURER D :

INSURER E :

INSURER F :

POLICY NUMBER POLICY EFF POLICY EXP TYPE OF INSURANCE (MM/DD/YYYY) (MM/DD/YYYY) LIMITS

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 JECT LOC PRODUCTS - COMP/OP AGG OTHER: $ COMBINED SINGLE LIMIT
(Ea accident) $ ANY AUTO BODILY INJURY (Per person) $ OWNED SCHEDULED AUTOS ONLY AUTOS BODILY INJURY (Per accident) $ 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 DESCRIPTION OF OPERATIONS below E.L. DISEASE - POLICY LIMIT 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:

CERTIFICATE HOLDER CANCELLATION
ACORD 25 (2016/03) © 1988-2015 ACORD CORPORATION. All rights reserved.

CERTIFICATE OF LIABILITY INSURANCE DATE (MM/DD/YYYY)
$
$
$
$
$
The ACORD name and logo are registered marks of ACORD
10/13/2025
License # 0C36891
(310) 478-2625 317
30104
Kosmont & Associates, Inc.

Dba; Kosmont Companies
1601 N. Sepulveda Blvd. #382
Manhattan Beach, CA 90266
2 A 1,000,000
72SBABM5UX0 6/27/2025 6/27/2026 1,000,000
10,000
1,000,000
2,000,000
2,000,000
Business Liability General Aggre
A 1,000,000
72SBABM5UX0 6/27/2025 6/27/2026
A 3,000,000
72SBABM5UX0 6/27/2025 6/27/2026 3,000,000
10,000
Information Purposes
Proof of Coverage/Information Purposes
KOSM&AS-01 BSTERNBERG
Lyddy Martin Company
5021 Verdugo Way
Ste. 105 #414
Camarillo, CA 93012
Brett R Sternberg
[email protected]
Hartford Underwriters Insurance Company
73 X
X
X
X X
X
X
X
323 of 324
Cotati City Council
Agenda Staff Report
Item type: INFORMATION RECEIVED AFTER THE AGENDA WAS POSTED To: City Council
Subject: INFORMATION RECEIVED AFTER THE AGENDA WAS POSTED Date: November 18, 2025
Written by: Kevin Patterson, City Clerk
Recommendation
Information or written comments pertaining to this meeting, and which was received after the agenda was posted, is attached below.

Pursuant to City Council Policy 2025-03: City Council Rules section IV A., written Communications, interested persons or their authorized representative may address the Council by written communication on any matters concerning the City’s business, or any matters over which the Council has control.

1. To be considered for inclusion in the agenda packet, such written communication shall be delivered to the City Clerk no later than 11:00 a.m. of the Wednesday the week preceding the regular Council meeting for which such written communication is intended.

2. If received after the above date and time, but no later than noon the day before the meeting, written communications received by the City Clerk shall be posted on the website by the end of that day and notification provided to the electronic Agenda mailing list by the end of the day. All written communications received by the City Clerk by 5 pm on the City Council meeting day shall be made available to the City Council and public at the City Council meeting.

City Council Policy 2025-03 is available at the online meeting portal at www.cotaticity.gov or by request from the City Clerk at 707-665-3622 or [email protected]. 324 of 324