Glendora City Council
January 27, 2026

David Fredendall, Mayor, District 2
Karen Davis, Mayor Pro Tem, District 4
Michael Allawos, Councilmember, District 1
Shaunna Elias, Councilmember, District 3
Mendell Thompson, Councilmember, District 5

CITY COUNCIL, SUCCESSOR AGENCY AND HOUSING AUTHORITY
7:00 PM GENERAL SESSION
Tuesday, January 27, 2026
City Hall Council Chamber
116 E. Foothill Boulevard, Glendora
AGENDA

CALL TO ORDER

ROLL CALL

INVOCATION AND PLEDGE OF ALLEGIANCE
In permitting a nonsectarian invocation, the City does not intend to proselytize, advance, or disparage any faith or belief. Neither the City nor the City Council endorses any particular belief or form of invocation.

HIGH SCHOOL STUDENT REPORTS

1. High School Student Reports

REORDERING OF AND ADDITIONS TO THE AGENDA

PUBLIC COMMENT
The City of Glendora encourages community participation at its public meetings. Speakers are limited to three minutes, and time may not be shared or transferred. A total of 30 minutes is reserved for public comment, which may be extended by majority vote of the legislative body. At regular meetings, comments may address both agenda and non-agenda items during the Public Comment portion, with additional opportunities to speak provided during Public Hearings. At special meetings, public comment is limited to agenda items. Residents may participate in person or submit comments by email, phone, mail, or other available methods. Participation options may be adjusted if a State of Emergency, Health Order, or Executive Order limits in-person attendance. For more information, see the Guide to Public Meetings and Participating in Public Meetings on the City’s website at www.cityofglendora.gov/citymeetings.

2. Public Comments Received

MEMBER STATEMENTS/REPORTS

CITY MANAGER AND CITY ATTORNEY STATEMENTS

CONSENT CALENDAR
Items on the Consent Calendar will be enacted by one motion without individual discussion. There will be no separate discussion of these items unless a member of the governing body requests specific item(s) be removed from the Consent Calendar for separate action. Items removed from the Consent Calendar will be considered after the Consent Calendar is approved. Anyone wishing to address a Consent Calendar item should do so during the Public Comment Period.

3. Affirm minutes from the January 13, 2026 Meeting
Recommended Action for the City Council
— 1. Affirm minutes as presented.

4. City of Glendora and Glendora Successor Agency Investment Report for December 2025 Recommended Action for the City Council and Successor Agency — 1. Receive and file the Monthly Investment Activity Report for December 2025.

5. Glendora Housing Authority Annual Report for Fiscal Year 2023-2024 Recommended Action for the City Council and Housing Authority — 1. Receive and file the annual report; and
— 2. Direct staff to forward report to the California Department of Housing and Community Development.

6. Award an Agreement for Contract Services to Marx Brothers Fire Extinguishers Company, Inc. for Fire Suppression System Maintenance in an amount not to exceed $94,590 during the initial term of the Agreement (RFP No. 9890745)
Recommended Action for the City Council
— 1. Award an Agreement for Contract Services to Marx Brothers Fire Extinguishers Company, Inc. for Fire Suppression Maintenance and Repair services at City of Glendora facilities in the amount of $31,530 annually, not to exceed $94,590 during the initial term of the Agreement; — 2. Authorize the City Manager or his designee to approve up to two, one-year extensions to the term of the Agreement, along with adjustments to the Contract Sum that do not exceed the applicable CPI increases for such periods; and
— 3. Authorize the City Manager or his designee to execute the Agreement including minimal and/or nonsubstantive changes.

7. Award an Agreement for Contract Services to Pro-Craft Construction, Inc. for As-Needed Plumbing Services in an amount not to exceed $225,000 (RFP No. 9940965) Recommended Action for the City Council
— 1. Award an Agreement for Contract Services to Pro-Craft Construction, Inc. for as-needed plumbing services at various City of Glendora facilities in the amount not to exceed $225,000; — 2. Authorize the City Manager or his designee to approve up to three, one year extensions to the term of the Agreement; and
— 3. Authorize the City Manager or his designee to execute the Agreement, including minimal and/or nonsubstantive changes.

UNFINISHED BUSINESS

8. Adoption of the Initial Study/Mitigated Negative Declaration (IS/MND), Associated Project Plans, a Use and Maintenance Agreement with Los Angeles County Flood Control District, and an Amendment to the Contract Agreement with Craftwater Engineering, Inc. for the Finkbiner Park Stormwater Capture Project Recommended Action for the City Council
— 1. Adopt the Initial Study/Mitigated Negative Declaration (IS/MND) and the associated Mitigation Monitoring and Reporting Program (MMRP) for the Finkbiner Park Stormwater Capture Project pursuant to the California Environmental Quality Act (CEQA);
— 2. Approve the Finkbiner Park Stormwater Capture project plans; — 3. Authorize the City Manager to execute a Use and Maintenance Agreement with the Los Angeles County Flood Control District (LACFCD) for project implementation on County property; — 4. Approve an Amendment to the Contract Services Agreement with Craftwater Engineering, Inc., to extend the term of the agreement through December 31, 2026, to provide continued support through the regulatory permitting process; and
— 5. Authorize the City Manager to execute the Amendment to the Contract Services Agreement with Craftwater Engineering, Inc.

9. Resolution Adopting the Glendora Local Hazard Mitigation Plan (LHMP) Recommended Action for the City Council
— 1. Adopt a City Council Resolution entitled, "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GLENDORA ADOPTING THE 2025 GLENDORA LOCAL HAZARD MITIGATION PLAN."

NEW BUSINESS

10. Economic Action Plan – Consider the Adoption of a Restaurant Incentive Program Recommended Action for the City Council
— 1. Adopt the Restaurant Incentive Program; and
— 2. Direct the finalized and approved Restaurant Incentive Program to be filed with the City Clerk for the official record.

MEMBER/STAFF CLOSING COMMENTS

ADJOURNMENT
Date Posted: January 21, 2026 12:27 pm

STAFF REPORT
TO: Mayor and Council Members DATE: January 27, 2026
FROM: City Clerk DISTRICT(S): Not Applicable
SUBJECT: Affirm minutes from the January 13, 2026 Meeting

RECOMMENDATION
That the City Council:

1. Affirm minutes as presented.

STRATEGIC FOCUS AREAS
Not Applicable.

EXECUTIVE SUMMARY
This staff report requests affirmation of the minutes from previous meetings. The minutes have been prepared and reviewed in accordance with city procedures and transparency requirements. Affirming these minutes ensures the accuracy and integrity of the official record. Staff recommends approval to maintain proper documentation and compliance with meeting protocols.

LEGISLATIVE HISTORY / PREVIOUS ACTIONS
Not Applicable.

DISCUSSION
Pursuant to the City's standard practices and the Brown Act, meeting action minutes are reviewed and affirmed by the legislative body to ensure transparency and accuracy in government proceedings. The action minutes for the January 13, 2026 meeting was compiled based on staff notes and official recordings. No requests for revision or amendments have been received to date.

FISCAL IMPACT
There is no fiscal impact associated with this action.

ENVIRONMENTAL DETERMINATION
There are no environmental impacts associated with this action.

Prepared By: Roxanne Breceda, Deputy City Clerk / Records Manager Concurs With: Not Applicable
Reviewed By: Kathleen Sessman, MMC, City Clerk / Communications Director Certified to Availability of Funds: Not Applicable
Approved By: Kathleen Sessman, MMC, City Clerk / Communications Director Legal Review: Not Applicable
CEQA Review: Not Applicable
Attachments
A_January_13_2026_Reg_CC_Mtg_Minutes.pdf
City of Glendora Minutes
Regular Meeting
Tuesday, January 13, 2026
City Hall Council Chamber
116 E. Foothill Boulevard
Virtually via Zoom ID# 9329247224
The City Council also serves as members of the Board of Directors of the Successor Agency of the former Community Redevelopment Agency, and Housing Authority, which are concurrently convening this evening.

CALL TO ORDER
The City Council, Successor Agency and Housing Authority meeting was called to order at 6:00 PM.

ROLL CALL
Members Present: Michael Allawos, Shaunna Elias, Mendell L. Thompson, Mayor Pro Tem/Vice-Chair Karen Davis, Mayor/Chair David Fredendall Members Absent: None
Staff Present: City Manager/Executive Director Adam Raymond, City/Agency Attorney Danny Aleshire, Assistant City Manager Moises Lopez, Deputy City Manager Marie Ricci, Chief of Police Mike Randazzo, Community Development Director Jeff Kugel, Finance Director/City Treasurer Kyle Johnson, Information Technology Director Sam Robbin (via Zoom), City Clerk/Communications Director Kathleen Sessman, Assistant Public Works Director Valerie Velasquez-Santoya, Assistant Community Development Director Sean McPherson, Economic Development & Housing Manager Tiffany Chew, City Planner Mark Carnahan, Digital Media Specialist Craig Gill, Senior Digital Media Specialist Greg Morton, and Deputy City Clerk/Records Manager Roxanne Breceda

CLOSED SESSION
Closed Session title was read into the record.

1. CLOSED SESSION ITEMS
CS 1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS A closed session will be held, pursuant to Government Code § 54956.8, to enable the City Council to give direction to its negotiator(s) City Manager Adam Raymond, City Attorney Danny Aleshire, Assistant City Manager Moises Lopez, Community Development Director Jeff Kugel, and Housing and Economic Development Manager Tiffany Chew regarding certain real property located at 1133 S. Grand Avenue APN: 8632-019-039. The City’s real property negotiators will seek direction from the City Council regarding the property.

City Attorney Aleshire announce that an urgency item arose after the posting of the agenda that required immediate City Council action regarding real property at 1803 Big Dalton Canyon Road that required a 4/5 vote to add the agenda and requested a motion.

A motion was made by Councilmember Allawos, seconded by Councilmember Thompson, that the City Council add an Urgency Item entitled, CONFERENCE WITH REAL PROPERTY NEGOTIATORS A closed session will be held, pursuant to Government Code § 54956.8, to enable the City Council to consider negotiations with Herb Eastland, with whom City is negotiating and to give direction to its negotiator(s) Adam Raymond, Danny Aleshire, Jeff Kugel, Moises Lopez, and Housing and Economic Development Manager Tiffany Chew regarding certain real properties in Glendora generally located at 1803 Big Dalton Canyon Road, APN 8636-036-272. The City’s real property negotiators will seek direction from the City Council regarding this property.” Motion carried 5-0 as follows: AYES: Elias, Thompson, Allawos, Davis, Fredendall; NOES: None; ABSENT: None; ABSTAIN: None.

Mayor invited public comment on closed session items. There was no one wishing to provide comment. The meeting convened into Closed Session at 6:03 PM.

Closed Session adjourned at 6:55 PM and the meeting reconvened into Open Session at 7:00 PM with all members present. City Attorney Aleshire reported confidential briefings were held on both Closed Session items, direction was given, and there were no reportable actions.

INVOCATION AND PLEDGE OF ALLEGIANCE
The Invocation was given by Pastor Dr. Michael Cordich of First Baptist Church.

Minutes Tuesday, January 13, 2026 Page 2 of 3
Regular Meeting City Council, Successor Agency and Housing Authority The Pledge of Allegiance was led by Tomoko Toland.

REORDERING OF AND ADDITIONS TO THE AGENDA
There were no requests received.

PUBLIC COMMENT

2. Public Comments received
Comments were received from: Joe Cina, Gary Boyer, and Jonathan Layne.

MEMBER STATEMENT/REPORTS
Councilmember/Commissioner Allawos wished everyone a Happy New Year; reported on a Council of Government Environment and Water Subcommittee meeting; and thanked the community for their support.

Councilmember/Commissioner Elias reported on the Contract Cities Legislative Tour in Sacramento; thanked Gary Boyer for his attendance and initiative in discussing facilities restructuring.

Councilmember/Commissioner Thompson commented on the TCU vs. USC football game, noting the University of Southern California’s (USC) loss to Mayor Pro Tem Davis’s Texas Christian University (TCU), and displayed a purple TCU shirt provided by Mayor Pro Tem Davis. He also congratulated the Public Works Department for repairing 108 potholes following recent rain events and for distributing 15 pallets of sandbags to the community.

Mayor Pro Tem/Vice-Chair Davis commented on Texas Christian University’s win over the University of Southern California (USC), announced that Bandorama tickets are available for purchase at glendoratartanbandandpageantry.com, noted a Prayer Day at First Christian Church scheduled for Martin Luther King Jr. Day on Monday, January 19, 2026, and wished everyone a Happy New Year.

Mayor/Chair Fredendall wished everyone a Happy New Year; and commented on reestablishing and revisioning what is next for the community and encouraged the public to engage on issues impacting the community.

CITY MANAGER AND CITY ATTORNEY STATEMENTS
City Manager/Executive Director Raymond provided information on how to submit complaints or service requests, noting that residents may use the City’s website at cityofglendora.gov/reportaproblem, call (626) 852-4817 for general complaints, or call (626) 914- 8246 for Public Works - related issues. He also informed the community that a service request mobile application is tentatively scheduled to launch in March 2026.

CONSENT CALENDAR
A motion was made by Council Member/Commissioner Allawos, seconded by Councilmember/Commissioner Thompson to approve Consent Calendar Items #3 - #6 as presented, affirming the actions appropriate to each item. An oral roll call vote was conducted, and the motion carried 5-0 as follows: AYES: Elias, Thompson, Allawos, Davis, Fredendall; NOES: None; ABSENT: None; ABSTAIN: None.

3. Affirm minutes from the December 9, 2025 Meeting
The City Council, Successor Agency and Housing Authority affirmed minutes as presented.

4. Review and Affirm Disbursements for December 2025 in the amount of $3,888,992.60 The City Council 1. Reviewed and affirmed disbursements for December 2025 in the amount of $3,888,992.60.

5. City of Glendora and Glendora Successor Agency Investment Report for November 2025 The City Council and Successor Agency 1. Received and filed the Monthly Investment Activity Report for November 2025.

6. Authorize Expenditures to Upfit Police Patrol Vehicles The City Council 1. Authorized expenditures in the amount of $74,746.05 plus a ten percent contingency ($7,474.61) for a total amount not to exceed $82,220.66 to Black and White Minutes Tuesday, January 13, 2026 Page 3 of 3
Regular Meeting City Council, Successor Agency and Housing Authority Emergency Vehicles, LLC. for the upfitting of three (3) Police Vehicles with required emergency equipment.

UNFINISHED BUSINESS

7. Status Update on the Exclusive Negotiating Agreement with Mercy Housing Related to the Disposition and Development of 1762 Dale Road
A motion was made by Councilmember Allawos, seconded by Councilmember Thompson, that the City Council 1. Receive and file a status update on the Exclusive Right to Negotiate and Reimbursement Agreement (ENA) dated July 8, 2025 with Mercy Housing related to the disposition and development of the property located at 1762 Dale Road. Motion carried 5-0 as follows: AYES: Elias, Thompson, Allawos, Davis, Fredendall; NOES: None; ABSENT: None; ABSTAIN: None.

8. City Council Update on Civic Center Revitalization and City Council Direction on Funding Methodology
Following discussion, a motion was made by Councilmember Davis,seconded by Councilmember Thompson, that the City Council 1. Pursuant to Strategic Plan Action 3.4, affirm receipt of the report and adopt the updated conceptual Civic Center renderings as the baseline for future community discussion; and 2. Pursuant to Strategic Plan Action 3.1 (Funding Methodology), adopt Option 3, a wait-and-see approach regarding a potential citizen initiative, while directing staff to continue pursuing grant and other revenue opportunities and to return to the City Council at the mid-year budget update, second meeting in February, that includes a discussion of one-time funding options. Motion carried 5-0 as follows: AYES: Elias, Thompson, Allawos, Davis, Fredendall; NOES: None; ABSENT: None; ABSTAIN: None.

NEW BUSINESS

9. Consider Amendment No. 1 to the Contract Services Agreement with Willdan Engineering for on-call planning services increasing the contract amount from $50,000 to $190,000 Following discussion, a motion was made by Councilmember Allawos seconded by Councilmember Thompson, that the City Council 1. Approve Amendment No. 1 to the Contract Services Agreement (Agreement) with Willdan Engineering (Willdan), increasing the contract amount to $190,000); and 2. Authorize the City Manager or his designee to execute Amendment No. 1 with Willdan. Motion carried 5-0 as follows: AYES: Elias, Thompson, Allawos, Davis, Fredendall; NOES: None; ABSENT: None; ABSTAIN: None.

MEMBER/STAFF CLOSING COMMENTS
Assistant Community Development Director McPherson introduced himself.

ADJOURNMENT
Meeting adjourned at 9:40 PM.

Kathleen R. Sessman, MMC
City Clerk/Communications Director
Minutes were approved on ________.

STAFF REPORT
TO: Mayor and Council Members DATE: January 27, 2026
FROM: Finance DISTRICT(S): Citywide
SUBJECT: City of Glendora and Glendora Successor Agency Investment Report for December 2025

RECOMMENDATION
That the City Council:

1. Receive and file the Monthly Investment Activity Report for December 2025.

STRATEGIC FOCUS AREAS
Not Applicable.

EXECUTIVE SUMMARY
The City’s total book value of cash and investments as of December 31, 2025, was $119,880,844, representing an increase of $8,512,592 (7.64%) compared to the prior month. This increase is primarily attributable to the receipt of property tax revenues totaling $4,071,107 and proceeds of $3,992,361 from the sale of City-owned property in San Jose.

LEGISLATIVE HISTORY / PREVIOUS ACTIONS
Pursuant to Section 19 of the City’s FY 2025-26 Investment Policy, a monthly investment report must be provided to the City Council to provide a clear picture of the status of the current portfolio.

DISCUSSION
In accordance with the City’s FY 2025-26 Investment Policy, the attached investment reports provide detailed information on the City’s investment portfolio as of the end of the reporting period. The report includes a listing of individual securities by authorized investment category, average life and final maturity, coupon or earnings rate, par value, market value, and book value. The report also includes investments managed on behalf of the City by thirdparty investment managers.

During the month of December, the City completed nine investment purchases, consisting of Local Agency Investment Funds, U.S. Treasury Notes and medium-term corporate notes, totaling $10,921,820. Additionally, three securities matured totaling $1,490,000, resulting in no realized gains or losses for the month.

FISCAL IMPACT
There is no fiscal impact associated with the recommended action.

ENVIRONMENTAL DETERMINATION
Not Applicable
Prepared By: George Perez-Sosa, Accounting Technician
Concurs With: Not Applicable
Reviewed By: George Perez-Sosa, Accounting Technician
Certified to Availability of Funds: Kyle Johnson, Finance Director/City Treasurer Approved By: Adam Raymond, City Manager
Legal Review: Not Applicable
CEQA Review: Not Applicable
Attachments
A_December_2025_Investment_Report.pdf

Financial Advisor

CHEN/GIORDANO/CRAWFORD
626-405-4753
UBS Client Review
As of December 31, 2025
251 South Lake Avenue10th FloorPasadena, CA 911013003Branch office Report Prepared for: City of Glendora* excluded from performance exhibits Type
AccountName
AccountNumberSX XX180 City of Glendora Business Service Account@SX XXX279* CITY OF GL Non UBS Investment LAIF@SX XXX283* CITY OF GL Non UBS Investment Bank of America What's insideAsset Allocation Review. . . . . . . . . . . . . . . . . . . . . . 2Sources of Portfolio Value. . . . . . . . . . . . . . . . . . . . 3Bond Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Portfolio Holdings. . . . . . . . . . . . . . . . . . . . . . . . . . 5Bond Holdings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18Important Information About This Report. . . . . . . . 31

Consolidated report prepared for City of Glendora
Asset Allocation Reviewas of December 31, 2025
Summary of Asset Allocation
Market
value ($)
% of
Portfolio
Cash 43,436,877.26 36.06
Cash 43,436,877.26 36.06 US 43,436,877.26 36.06
Fixed Income 77,031,841.66 63.94
US 77,031,841.66 63.94 US Fixed Income 14,164,509.90 11.76 Government 38,902,736.94 32.29 Corporate IG Credit 23,964,594.82 19.89 Equity 0.00 0.00Commodities 0.00 0.00Non-Traditional 0.00 0.00Other 0.00 0.00Total Portfolio $120,468,718.92 100%Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category Cash 36.06%US Fixed Income 63.94%
Total Value: $120,468,718.92
Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 2 of 37 Consolidated report prepared for City of Glendora
Sources of Portfolio Valueas of December 31, 2025
Market Value Net amount you invested (net of fees)
02/22 12/22 12/23 12/24 12/25
5075
100125150
$ Millions
MTD
11/30/2025 to
12/31/2025
QTD
09/30/2025 to
12/31/2025
ITD
02/23/2022 to
12/31/2025
YTD
12/31/2024 to
12/31/2025
Opening value 99,968,520.22 100,565,502.02 103,422,623.88 40,589,214.16Net deposits/withdrawals -163,294.84 -1,515,558.85 -8,275,114.78 49,173,088.79Div./interest income 202,736.28 759,974.58 2,512,476.43 7,775,217.84Change in accr. interest -6,577.95 -36,198.78 65,989.99 350,195.35Change in value 59,216.01 286,880.75 2,334,624.20 2,172,883.57Closing value 100,060,599.72 100,060,599.72 100,060,599.72 100,060,599.72Net Time-weighted ROR 0.26 1.01 4.86 2.38Performance returns are annualized after 1 year. Net deposits and withdrawals include program and account fees.Benchmarks - Annualized time-weighted returnsUS Treasury Bill - 3 Mos 0.35 1.01 4.29 4.21BofA Corp/Gov 1-5Y 0.24 1.14 6.06 2.82BBG Agg Bond -0.15 1.10 7.30 1.04Past performance does not guarantee future results and current performance may be lower/higher than past data presented.Report created on: January 05, 2026 Page 3 of 37 Consolidated report prepared for City of Glendora
Bond Summaryas of December 31, 2025Bond OverviewTotal quantity 77,191,000Total market value $76,614,378.81Total accrued interest $417,462.85Total market value plus accrued interest $77,031,841.66Total estimated annual bond interest $2,133,779.25Average yield to maturityAverage coupon 2.78%

3.86%2.79%3.76%
Average current yieldAverage yield to worstAverage modified duration 1.86Average effective maturity 2.17 Investment Type AllocationInvestment type Taxable ($) Total ($) Tax-exempt /
deferred ($)
% of
bond
port.

Certificates of deposit 14,164,509.90 0.00 14,164,509.90 18.39U.S. corporates 23,964,594.82 0.00 23,964,594.82 31.11U.S. federal agencies 29,325,654.40 0.00 29,325,654.40 38.07U.S. treasuries 9,577,082.54 0.00 9,577,082.54 12.43Total $77,031,841.66 $0.00 $77,031,841.66 100% Credit Quality of Bond HoldingsA Aaa/AAA/AAA 1 1,998,597.78 2.61B Aa/AA/AA 32 41,353,151.69 53.63C A/A/A 17 18,506,300.48 24.05D Baa/BBB/BBB 0 0.00 0.00E Non-investment grade 0 0.00 0.00F Certificate of deposit 58 14,164,509.90 18.41G Not rated 2 1,009,281.81 1.30Total 110 $77,031,841.66 100%Effective credit rating % of
port.

Value on
Issues 12/31/2025 ($)
Bond Maturity Schedule
Effective maturity schedule
2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2036 + Other 05 1015202530

0.0%

35.3%

14.6%

8.3%

26.6%

14.9%

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Cash, mutual funds and some preferred securities are not included.$ Millions Includes all fixed income securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 4 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025Summary of Portfolio Holdings Unrealized
Cost basis ($) gain/loss (%)
Est. annual
income ($)
Unrealized
gain/loss ($)
Value on
12/31/2025 ($)
Current
yield (%)
% of
portfolio
A Cash 43,436,877 43,436,877 0 0.00% 812,787 1.87% 36.06% Cash 43,436,877 43,436,877 0 0.00% 812,787 1.87% 36.06% US 43,436,877 43,436,877 0 0.00% 812,787 1.87% 36.06%
B Fixed Income 76,443,967 77,031,842 587,875 0.77% 2,133,779 2.77% 63.94% US 76,443,967 77,031,842 587,875 0.77% 2,133,779 2.77% 63.94% US Fixed Income 14,125,121 14,164,510 39,389 0.28% 482,114 3.40% 11.76% Government 38,588,888 38,902,737 313,849 0.81% 1,023,880 2.63% 32.29% Corporate IG Credit 23,729,958 23,964,595 234,637 0.99% 627,785 2.62% 19.89% C Equity 0 0 0 0.00% NA NA 0.00%D Commodities 0 0 0 0.00% NA NA 0.00%E Non-Traditional 0 0 0 0.00% NA NA 0.00%F Other 0 0 0 0.00% NA NA 0.00%Total Portfolio $119,880,844 $120,468,719 $587,875 0.49% $2,946,566 2.45% 100% Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category B
A
Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 5 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Details of Portfolio Holdings
% of
asset
class
Est. annual
Cost basis ($) income ($)
Unrealized
gain/loss
(%)
Unrealized
Market value ($) gain/loss ($)
Current
yield (%)
Total Portfolio $119,880,844 $120,468,719 $587,875 0.49% $2,946,566 2.45% 100% 100% % of
portfolio
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) / Cash Avg Price Market value ($)
Price on
12/31/2025
($)
% of
Cash
% of
portfolio
Cash
US
Outside ASSET(1) 1.00 15,933,281.43 15,933,281.43 0.00 0.00% NA NA 36.68% 13.23%[Outside Account @SXXXX279]

1.00 Outside ASSET(1) 1.00 4,474,837.77 4,474,837.77 0.00 0.00% NA NA 10.30% 3.71%[Outside Account @SXXXX283]

1.00 UBS INSURED SWEEP 1,162,098.62 1.00 1,162,098.62 1,162,098.62 0.00 0.00% 1,162.10 0.10% 0.96%PROGRAM

1.00 2.68%
21,995,249.2 1.00 811,624.70
2 UBS SELECT TREASURY 21,995,249.22 21,995,249.22 0.00 0.00% 3.69% 18.26%INSTITUTIONAL FUND

1.00 50.64%
USD CASH -128,589.78 1.00 1.00 -128,589.78 -128,589.78 0.00 0.00% NA NA -0.30% -0.11% Total US $43,436,877 $43,436,877 $0 0.00% $812,787 1.87% 100% 36.06% Total Cash $43,436,877 $43,436,877 $0 0.00% $812,787 1.87% 100% 36.06% Total Cash $43,436,877 $43,436,877 $0 0.00% $812,787 1.87% 100% 36.06%(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 6 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 01/02/2026
Price on
12/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
AFFINITY PLUS MN US RT 245,000.00 100.00 245,000.00 246,014.77 0.00 1,014.77 0.41% 12,372.50 5.03% 0.20%05.0500% MAT 03/20/26LICU SHARE CERTIFICATE 100.26 0.32%
ALLY BK UT US RT 245,000.00 100.00 245,000.00 244,879.28 0.00 -120.72 -0.05% 8,697.50 3.55% 0.20%03.5500% MAT 06/30/26FIXED RATE CD

99.94 0.32%
AMER EXPRESS NATL UT US 245,000.00 98.05 240,222.50 245,477.05 0.00 5,254.55 2.19% 8,820.00 3.59% 0.20%RT 03.6000% MAT 09/25/29FIXED RATE CD

99.24 0.32%
AMER NATL BK OMA NE US 245,000.00 100.00 245,000.00 245,493.52 0.00 493.52 0.20% 10,412.50 4.24% 0.20%RT 04.2500% MAT 03/21/28FIXED RATE CD 100.09 0.32%
ARBOR FINL CREDIT MI US 245,000.00 100.00 245,000.00 246,647.78 0.00 1,647.78 0.67% 12,250.00 4.97% 0.20%RT 05.0000% MAT 04/03/28FIXED RATE CD 100.29 0.32%
BANKUNITED NA FLOR FL US 245,000.00 100.00 245,000.00 243,265.40 0.00 -1,734.60 -0.71% 2,327.50 0.96% 0.20%RT 00.9500% MAT 03/31/26FIXED RATE CD

99.29 0.32%
BMO HARRIS BK NA IL US RT 245,000.00 100.00 245,000.00 243,511.61 0.00 -1,488.39 -0.61% 1,960.00 0.80% 0.20%00.8000% MAT 03/18/26FIXED RATE CD

99.36 0.32%
BMW BK OF NA NA UT US 245,000.00 99.89 244,735.91 245,697.58 0.00 961.67 0.39% 8,820.00 3.59% 0.20%RT 03.6000% MAT 10/17/28FIXED RATE CD

99.55 0.32%
BRIGHTSTAR CR UN FL US 245,000.00 100.00 245,000.00 246,209.16 0.00 1,209.16 0.49% 9,555.00 3.88% 0.20%RT 03.9000% MAT 08/20/27LICU SHARE CERTIFICATE 100.38 0.32%
CAPITAL ONE BK USA VA US 245,000.00 100.00 245,000.00 240,057.31 0.00 -4,942.69 -2.02% 2,817.50 1.17% 0.20%RT 01.1500% MAT 11/24/26FIXED RATE CD

97.87 0.31%
CAPITAL ONE NA VA US RT 245,000.00 100.00 245,000.00 240,057.31 0.00 -4,942.69 -2.02% 2,817.50 1.17% 0.20%01.1500% MAT 11/24/26FIXED RATE CD

97.87 0.31%
CELTIC BK UT US RT 245,000.00 98.17 240,525.91 243,106.15 0.00 2,580.24 1.07% 8,942.50 3.68% 0.20%03.6500% MAT 04/29/30FIXED RATE CD

99.21 0.32%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 7 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 01/02/2026
Price on
12/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
CENTRAL BK AR US RT 245,000.00 100.00 245,000.00 245,382.40 0.00 382.40 0.16% 10,290.00 4.19% 0.20%04.2000% MAT 08/19/30FIXED RATE CD 100.02 0.32%
CFG COMMUNITY BANK 245,000.00 100.00 245,000.00 248,604.82 0.00 3,604.82 1.47% 9,310.00 3.74% 0.21%MD US RT 03.8000% MAT03/11/26 FIXED RATE CD

99.99 0.32%
CIBC BANK ILLINOIS IL US RT 245,000.00 100.00 245,000.00 248,908.89 0.00 3,908.89 1.60% 12,250.00 4.92% 0.21%05.0000% MAT 03/24/26FIXED RATE CD 100.25 0.32%
COMENITY BANK DE US RT 200,000.00 100.00 200,000.00 199,905.43 0.00 -94.57 -0.05% 7,700.00 3.85% 0.17%03.8500% MAT 09/15/27JUMBO CD - HELD AT UBS

99.66 0.26%
CONNEXUS CREDIT UN WI 245,000.00 100.00 245,000.00 247,072.33 0.00 2,072.33 0.85% 9,800.00 3.97% 0.21%US RT 04.0000% MAT09/03/27 LICU SHARECERTIFICATE 100.54 0.32%
CY-FAIR FED CREDIT TX US 245,000.00 100.00 245,000.00 246,592.13 0.00 1,592.13 0.65% 12,985.00 5.27% 0.20%RT 05.3000% MAT 07/14/28FIXED RATE CD 100.40 0.32%
DISCOVER BANK DE US RT 245,000.00 100.00 245,000.00 244,351.69 0.00 -648.31 -0.26% 7,840.00 3.21% 0.20%03.2000% MAT 05/24/27FIXED RATE CD

99.41 0.32%
DIVERSIFIED MEMBER MI US 245,000.00 100.00 245,000.00 245,095.01 0.00 95.01 0.04% 10,535.00 4.30% 0.20%RT 04.3000% MAT 04/28/28FIXED RATE CD 100.03 0.32%
DORT FINL CREDIT U MI US 245,000.00 100.00 245,000.00 246,686.17 0.00 1,686.17 0.69% 9,065.00 3.67% 0.20%RT 03.7000% MAT 10/10/28LICU SHARE CERTIFICATE

99.86 0.32%
EAGLEMARK SVGS BK NV 245,000.00 100.11 245,266.66 242,142.16 -837.69 -3,124.50 -1.27% 4,900.00 2.02% 0.20%US RT 02.0000% MAT03/02/27 FIXED RATE CD

98.18 0.31%
ESSENTIAL FED CRED LA US 245,000.00 100.00 245,000.00 249,174.87 0.00 4,174.87 1.70% 11,515.00 4.62% 0.21%RT 04.7000% MAT 06/15/27LICU SHARE CERTIFICATE 101.50 0.32%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 8 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 01/02/2026
Price on
12/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
FARMERS & MERCHANT WI 245,000.00 100.00 245,000.00 246,378.61 0.00 1,378.61 0.56% 9,432.50 3.83% 0.20%US RT 03.8500% MAT11/08/27 FIXED RATE CD 100.30 0.32%
FIRST FED SVGS BK IN US RT 245,000.00 100.00 245,000.00 245,634.89 0.00 634.89 0.26% 10,290.00 4.19% 0.20%04.2000% MAT 07/11/28FIXED RATE CD 100.03 0.32%
FIRST FEDERAL BANK FL US 245,000.00 99.95 244,877.50 245,552.59 0.00 675.09 0.28% 9,187.50 3.74% 0.20%RT 03.7500% MAT 10/17/30FIXED RATE CD

99.46 0.32%
FIRST GTY BK HAMMO LA 219,000.00 100.00 219,000.00 220,545.00 0.00 1,545.00 0.71% 9,526.50 4.32% 0.18%US RT 04.3500% MAT11/06/28 FIXED RATE CD 100.05 0.29%
GOLDMAN SACHS BANK NY 245,000.00 100.00 245,000.00 249,267.23 0.00 4,267.23 1.74% 9,800.00 3.93% 0.21%US RT 04.0000% MAT03/20/28 FIXED RATE CD 100.60 0.32%
GREENSTATE CREDIT IA US 245,000.00 100.00 245,000.00 243,165.15 0.00 -1,834.85 -0.75% 2,327.50 0.96% 0.20%RT 00.9500% MAT 04/16/26FIXED RATE CD

99.17 0.32%
GUARANTY BK MO US RT 245,000.00 99.49 243,750.40 245,587.53 0.00 1,837.13 0.75% 9,310.00 3.79% 0.20%03.8000% MAT 01/12/29FIXED RATE CD 100.04 0.32%
JPMORGAN CHASE BK DE 245,000.00 99.30 243,285.00 244,126.83 0.00 841.83 0.35% 9,065.00 3.71% 0.20%US RT 03.7000% MAT09/30/30 FIXED RATE CD

98.71 0.32%
KEMBA FINL CREDIT OH US 245,000.00 100.00 245,000.00 245,198.42 0.00 198.42 0.08% 8,820.00 3.60% 0.20%RT 03.6000% MAT 10/12/27FIXED RATE CD

99.86 0.32%
LAFAYETTE FED CRED MD 245,000.00 100.00 245,000.00 243,989.29 0.00 -1,010.71 -0.41% 7,962.50 3.26% 0.20%US RT 03.2500% MAT06/15/27 LICU SHARECERTIFICATE

99.45 0.32%
LIVE OAK BKG CO NC US RT 245,000.00 100.00 245,000.00 240,969.15 0.00 -4,030.85 -1.65% 1,960.00 0.81% 0.20%00.8000% MAT 08/13/26FIXED RATE CD

98.29 0.31%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 9 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 01/02/2026
Price on
12/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
METRO CREDIT UNION MA 245,000.00 100.00 245,000.00 240,150.78 0.00 -4,849.22 -1.98% 4,165.00 1.73% 0.20%US RT 01.7000% MAT02/18/27 LICU SHARECERTIFICATE

97.88 0.31%
MORGAN STANLEY BK UT 245,000.00 100.00 245,000.00 249,285.59 0.00 4,285.59 1.75% 10,412.50 4.18% 0.21%US RT 04.2500% MAT02/02/26 FIXED RATE CD

99.99 0.32%
MORGAN STANLEY PRI NY 245,000.00 100.00 245,000.00 248,402.82 0.00 3,402.82 1.39% 9,800.00 3.95% 0.21%US RT 04.0000% MAT08/29/30 FIXED RATE CD 100.03 0.32%
MUTUALONE BANK MA US 245,000.00 100.00 245,000.00 246,720.44 0.00 1,720.44 0.70% 8,820.00 3.57% 0.20%RT 03.6000% MAT 10/06/27FIXED RATE CD

99.85 0.32%
NEW ORLEANS FIREME LA 245,000.00 100.00 245,000.00 252,903.16 0.00 7,903.16 3.23% 12,250.00 4.84% 0.21%US RT 05.0000% MAT07/17/28 FIXED RATE CD 103.03 0.33%
NEW YORK CMNTY BK NY 245,000.00 100.00 245,000.00 241,442.40 0.00 -3,557.60 -1.45% 1,715.00 0.71% 0.20%US RT 00.7000% MAT07/01/26 FIXED RATE CD

98.55 0.31%
OCEANAIR FED CREDI CA 245,000.00 100.00 245,000.00 244,073.33 0.00 -926.67 -0.38% 8,820.00 3.61% 0.20%US RT 03.6000% MAT10/10/30 FIXED RATE CD

98.81 0.32%
PENTAGON FED CREDI VA 245,000.00 100.00 245,000.00 239,986.19 0.00 -5,013.81 -2.05% 4,165.00 1.74% 0.20%US RT 01.7000% MAT02/18/27 CREDIT UNIONSHARE CERT

97.89 0.31%
REGENT BK OK US RT 245,000.00 100.00 245,000.00 245,268.46 0.00 268.46 0.11% 9,677.50 3.95% 0.20%03.9500% MAT 12/22/28FIXED RATE CD 100.02 0.32%
SALLIE MAE BANK UT US RT 245,000.00 99.80 244,510.00 248,030.25 0.00 3,520.25 1.44% 9,922.50 4.00% 0.21%04.0500% MAT 11/21/29FIXED RATE CD 100.79 0.32%
STATE BANK OF INDI NY US 245,000.00 100.00 245,000.00 243,942.04 0.00 -1,057.96 -0.43% 2,205.00 0.90% 0.20%RT 00.9000% MAT 03/25/26FIXED RATE CD

99.33 0.32%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 10 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 01/02/2026
Price on
12/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
STATE BK IL US RT 245,000.00 100.00 245,000.00 248,347.07 0.00 3,347.07 1.37% 10,045.00 4.04% 0.21%04.1000% MAT 11/26/29FIXED RATE CD 100.97 0.32%
SYNCHRONY BANK UT US 245,000.00 99.60 244,020.42 244,702.78 0.00 682.36 0.28% 8,820.00 3.60% 0.20%RT 03.6000% MAT 10/24/30FIXED RATE CD

99.21 0.32%
TAB BANK INC UT US RT 245,000.00 100.00 245,000.00 245,966.71 0.00 966.71 0.39% 9,310.00 3.79% 0.20%03.8000% MAT 08/13/27FIXED RATE CD 100.23 0.32%
TECHNOLOGY CREDIT CA 245,000.00 100.00 245,000.00 246,665.90 0.00 1,665.90 0.68% 12,250.00 4.97% 0.20%US RT 05.0000% MAT03/23/26 CREDIT UNIONSHARE CERT 100.27 0.32%
TOYOTA FINL SVG BK NV US 245,000.00 100.00 245,000.00 243,261.98 0.00 -1,738.02 -0.71% 2,205.00 0.91% 0.20%RT 00.9000% MAT 04/22/26FIXED RATE CD

99.12 0.32%
TRUIST BK NC US RT 245,000.00 100.00 245,000.00 250,940.91 0.00 5,940.91 2.42% 10,902.50 4.34% 0.21%04.4500% MAT 06/27/30FIXED RATE CD 100.15 0.33%
TRUXTON TR CO NASH TN 245,000.00 99.98 244,938.75 245,109.51 0.00 170.76 0.07% 10,045.00 4.10% 0.20%US RT 04.1000% MAT02/27/30 FIXED RATE CD 100.01 0.32%
UBS BANK UT US RT 245,000.00 100.00 245,000.00 241,942.23 0.00 -3,057.77 -1.25% 2,082.50 0.86% 0.20%00.8500% MAT 06/16/26FIXED RATE CD

98.72 0.31%
USF FED CREDIT UNI FL US 245,000.00 100.00 245,000.00 246,706.54 0.00 1,706.54 0.70% 9,555.00 3.87% 0.20%RT 03.9000% MAT 05/01/28LICU SHARE CERTIFICATE 100.38 0.32%
VALLEYSTAR CR UN M VA 245,000.00 100.00 245,000.00 245,984.13 0.00 984.13 0.40% 12,250.00 4.98% 0.20%US RT 05.0000% MAT03/20/26 LICU SHARECERTIFICATE 100.25 0.32%
VIBRANT CREDIT UNI IL US 245,000.00 100.00 245,000.00 244,948.55 0.00 -51.45 -0.02% 8,942.50 3.65% 0.20%RT 03.6500% MAT 10/27/27LICU SHARE CERTIFICATE

99.94 0.32%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 11 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 01/02/2026
Price on
12/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
WELLS FARGO BK NA SD US 245,000.00 100.00 244,987.75 247,912.61 0.00 2,924.86 1.19% 10,045.00 4.05% 0.21%RT 04.1000% MAT 02/06/29FIXED RATE CD 100.91 0.32%
WORKERS CREDIT UNI MA 245,000.00 100.00 245,000.00 247,068.03 0.00 2,068.03 0.84% 10,045.00 4.07% 0.21%US RT 04.1000% MAT11/22/27 LICU SHARECERTIFICATE 100.74 0.32%
Total US Fixed Income $14,125,121 $14,164,510 -$837.69 $39,389 0.28% $482,114 3.40% 18.39% 11.76%Government FARMER MAC MED TERM 500,000.00 100.00 500,004.86 506,296.25 -0.40 6,291.39 1.26% 21,650.00 4.28% 0.42%NTS 04.330 % DUE 090429DTD 090425 FC 03042026

99.85 0.66%
FARMER MAC NTS 03.200 500,000.00 99.70 498,481.25 502,985.56 0.00 4,504.31 0.90% 16,000.00 3.18% 0.42%% DUE 082627 DTD 082922FC 02262023

99.49 0.65%
FEDERAL HOME LN BANK 1,000,000.00 100.00 1,000,004.27 1,015,620.97 -0.99 15,616.70 1.56% 41,750.00 4.11% 0.84%NTS 04.175 % DUE 031229DTD 031225 FC 09122025 100.30 1.32%
FFCB BOND 01.840 % DUE 2,000,000.00 100.00 2,000,000.00 1,979,824.44 0.00 -20,175.56 -1.01% 36,800.00 1.86% 1.64%012627 DTD 012622 FC07262022

98.20 2.57%
FFCB BOND 04.000 % DUE 1,000,000.00 100.13 1,001,281.61 1,022,270.00 -195.48 20,988.39 2.10% 40,000.00 3.91% 0.85%040130 DTD 040125 FC10012025 101.23 1.33%
FFCB BOND 04.090 % DUE 2,000,000.00 99.95 1,999,005.25 2,041,971.67 0.00 42,966.42 2.15% 81,800.00 4.01% 1.70%071629 DTD 071625 FC01162026 100.22 2.65%
FFCB BOND 04.520 % DUE 1,000,000.00 100.00 1,000,004.76 1,008,741.11 -0.50 8,736.35 0.87% 45,200.00 4.48% 0.84%051430 DTD 051425 FC11142025 100.28 1.31%
FFCB NTS 00.940 % DUE 2,000,000.00 100.00 2,000,000.00 1,966,556.67 0.00 -33,443.33 -1.67% 18,800.00 0.96% 1.63%092826 DTD 092821 FC03282022

98.09 2.55%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 12 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 01/02/2026
Price on
12/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
Government
FHLB BOND 01.050 % DUE 1,000,000.00 96.84 968,385.25 988,755.00 0.00 20,369.75 2.10% 10,500.00 1.06% 0.82%081326 DTD 081321 FC02132022

98.47 1.28%
FHLB BOND 01.780 % DUE 2,000,000.00 100.00 2,000,000.00 1,975,243.33 0.00 -24,756.67 -1.24% 35,600.00 1.80% 1.64%021027 DTD 021022 FC08102022

98.07 2.56%
FHLB BOND 02.010 % DUE 3,215,000.00 95.65 3,075,098.40 3,181,483.63 0.00 106,385.23 3.46% 64,621.50 2.03% 2.64%022527 DTD 022522 FC08252022

98.25 4.13%
FHLB BOND 03.250 % DUE 500,000.00 99.87 499,366.75 498,128.06 0.00 -1,238.69 -0.25% 16,250.00 3.26% 0.41%060928 DTD 050818 FC12092018

99.43 0.65%
FHLB BOND STEP-UP 2,000,000.00 100.00 2,000,000.00 1,997,320.00 0.00 -2,680.00 -0.13% 70,000.00 3.50% 1.66%3.5000% DUE 063026 DTD063021 FC 12302021

99.87 2.59%
FHLB NTS 1.0500% DUE 2,000,000.00 100.00 2,000,000.00 1,992,650.00 0.00 -7,350.00 -0.37% 21,000.00 1.05% 1.65%033026 DTD 033021 FC09302021

99.37 2.59%
FHLB NTS 1.1500% DUE 2,000,000.00 100.00 2,000,000.00 1,972,686.11 0.00 -27,313.89 -1.37% 23,000.00 1.17% 1.64%082626 DTD 082621 FC02262022

98.24 2.56%
FHLB NTS 1.5000% DUE 2,000,000.00 100.00 2,000,000.00 1,978,840.00 0.00 -21,160.00 -1.06% 30,000.00 1.52% 1.64%063026 DTD 063021 FC12302021

98.94 2.57%
FHLB NTS 04.500 % DUE 1,000,000.00 100.00 1,000,004.77 1,024,260.00 -0.49 24,255.23 2.43% 45,000.00 4.39% 0.85%011730 DTD 071725 FC01172026 100.38 1.33%
FHLMC NTS 04.000 % DUE 650,000.00 99.75 648,380.25 654,638.83 0.00 6,258.58 0.97% 26,000.00 3.97% 0.54%043029 DTD 043025 FC10302025 100.05 0.85%
FNMA NTS 04.300 % DUE 1,000,000.00 100.00 1,000,004.48 1,018,785.00 -0.78 18,780.52 1.88% 43,000.00 4.22% 0.85%030430 DTD 031225 FC09042025 100.48 1.32%
INTL FIN CORP NTS 00.500 2,000,000.00 100.00 2,000,000.00 1,998,597.78 0.00 -1,402.22 -0.07% 10,000.00 0.50% 1.66%% DUE 051526 DTD 052821FC 11152021

99.87 2.59%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 13 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 01/02/2026
Price on
12/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
Government
US TSY NOTE 01.125 % DUE 1,000,000.00 98.21 982,052.13 981,785.72 0.00 -266.41 -0.03% 11,250.00 1.15% 0.81%10/31/26 DTD 10/31/21 FC04/30/22

97.99 1.27%
US TSY NOTE 02.875 % DUE 500,000.00 98.63 493,165.41 497,500.63 0.00 4,335.22 0.88% 14,375.00 2.89% 0.41%08/15/28 DTD 08/15/18 FC02/15/19

98.42 0.65%
US TSY NOTE 03.125 % DUE 500,000.00 99.14 495,704.47 496,575.50 0.00 871.03 0.18% 15,625.00 3.15% 0.41%11/15/28 DTD 11/15/18 FC05/15/19

98.92 0.64%
US TSY NOTE 03.375 % DUE 500,000.00 99.86 499,278.69 503,092.91 0.00 3,814.22 0.76% 16,875.00 3.35% 0.42%09/15/28 DTD 09/15/25 FC03/15/26

99.62 0.65%
US TSY NOTE 03.500 % DUE 1,000,000.00 98.47 984,716.19 1,004,786.15 0.00 20,069.96 2.04% 35,000.00 3.48% 0.83%09/30/29 DTD 09/30/24 FC03/31/25

99.59 1.30%
US TSY NOTE 03.500 % DUE 500,000.00 99.44 497,177.13 496,920.38 0.00 -256.75 -0.05% 17,500.00 3.52% 0.41%11/30/30 DTD 11/30/25 FC05/31/26

99.09 0.65%
US TSY NOTE 03.750 % DUE 1,000,000.00 98.65 986,458.38 1,006,473.68 0.00 20,015.30 2.03% 37,500.00 3.73% 0.84%05/31/30 DTD 05/31/23 FC11/30/23 100.33 1.31%
US TSY NOTE 03.875 % DUE 1,500,000.00 99.38 1,490,677.13 1,518,480.21 0.00 27,803.08 1.87% 58,125.00 3.83% 1.26%11/30/29 DTD 11/30/22 FC05/31/23 100.90 1.97%
US TSY NOTE 03.875 % DUE 1,017,000.00 97.76 994,218.09 1,026,336.06 0.00 32,117.97 3.23% 39,408.75 3.84% 0.85%12/31/29 DTD 12/31/22 FC06/30/23 100.92 1.33%
US TSY NOTE 04.000 % DUE 1,000,000.00 99.16 991,647.22 1,020,450.33 0.00 28,803.11 2.90% 40,000.00 3.92% 0.85%10/31/29 DTD 10/31/22 FC04/30/23 101.37 1.32%
US TSY NOTE 04.125 % DUE 1,000,000.00 98.38 983,770.88 1,024,680.97 0.00 40,910.09 4.16% 41,250.00 4.03% 0.85%10/31/29 DTD 10/31/24 FC04/30/25 101.77 1.33%
Total Government $38,588,888 $38,902,737 -$198.64 $313,849 0.81% $1,023,880 2.63% 50.50% 32.29% (1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 14 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 01/02/2026
Price on
12/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
Corporate IG Credit
ACCENTURE CAPITAL INC 3,000,000.00 99.12 2,973,745.75 3,042,592.50 0.00 68,846.75 2.32% 121,500.00 3.99% 2.53%04.050% 100429DTD100424 FC040425CALL@MW+10BP 100.44 3.95%
AMAZON.COM INC B/E 1,000,000.00 88.91 889,135.25 903,276.67 0.00 14,141.42 1.59% 15,000.00 1.66% 0.75%01.500% 060330DTD060320CALL@MW+15BP

90.21 1.17%
AMEREN ILL CO NTS B/E 1,500,000.00 99.67 1,494,995.25 1,503,128.33 0.00 8,133.08 0.54% 57,000.00 3.79% 1.25%03.800% 051528DTD052218 FC111518CALL@MW+15BP

99.72 1.95%
ARCHER DANIELS MIDLAND 500,000.00 97.01 485,050.25 487,613.06 0.00 2,562.81 0.53% 16,250.00 3.33% 0.40%03.250% 032730DTD032720 FC092720 COCALL@MW+40BP

96.67 0.63%
CHARLES SCHWAB CORP 470,000.00 94.17 442,604.25 459,806.09 0.00 17,201.84 3.89% 15,275.00 3.32% 0.38%B/E 03.250% 052229DTD052219 FC112219

97.48 0.60%
CHARLES SCHWAB CORP 2,000,000.00 99.49 1,989,860.00 1,994,140.00 0.00 4,280.00 0.22% 18,000.00 0.90% 1.66%NTS 00.900% 031126DTD121120 FC031121CALL@MW+10BP

99.43 2.59%
DTE ELEC CO B/E 02.250% 1,000,000.00 91.95 919,485.25 937,860.00 0.00 18,374.75 2.00% 22,500.00 2.40% 0.78%030130 DTD022620CALL@MW+15BP

93.04 1.22%
JOHN DEERE CPTL CORP 2,000,000.00 100.00 2,000,033.16 2,004,015.56 -3,873.47 3,982.40 0.20% 14,000.00 0.70% 1.66%00.700% 011526DTD010721 FC071521 MEDTERM NTS

99.88 2.60%
JOHN DEERE CPTL CORP 1,000,000.00 97.50 975,045.25 988,643.06 0.00 13,597.81 1.39% 33,500.00 3.39% 0.82%03.350% 041829DTD041822 FC101822 MEDTERM NTS

98.19 1.28%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 15 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 01/02/2026
Price on
12/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
Corporate IG Credit
JPMORGAN CHASE & CO 1,200,000.00 100.00 1,200,000.00 1,196,433.33 0.00 -3,566.67 -0.30% 9,600.00 0.80% 0.99%00.800% 022626DTD022621 FC082621 MEDTERM NTS

99.43 1.55%
JPMORGAN CHASE & CO 500,000.00 99.92 499,615.25 523,643.56 0.00 24,028.31 4.81% 25,060.00 4.79% 0.43%NTS 05.012% 012330DTD012324 FC072324CALL@MW+20BP 102.53 0.68%
MORGAN STANLEY FIN LLC 2,000,000.00 100.00 2,000,000.00 1,969,073.33 0.00 -30,926.67 -1.55% 21,000.00 1.07% 1.63%01.050% 082726DTD082721 FC022722 MEDTERM NTS

98.09 2.56%
ONCOR ELEC DELIVERY CO 500,000.00 100.10 500,524.61 512,365.00 -101.69 11,840.39 2.37% 23,250.00 4.54% 0.43%04.650% 110129DTD111324 FC050125CALL@MW+10BP 101.70 0.67%
PACIFICORP B/E 03.500% 1,000,000.00 97.14 971,415.25 973,145.56 0.00 1,730.31 0.18% 35,000.00 3.60% 0.81%061529 DTD030119FC061519 CALL@MW+15BP

97.16 1.26%
SAN DIEGO G & E B/E 500,000.00 89.43 447,160.25 448,790.00 0.00 1,629.75 0.36% 8,500.00 1.89% 0.37%01.700% 100130DTD092820 FC040121CALL@MW+20BP

89.33 0.58%
SOUTHERN CALIF GAS CO 500,000.00 92.98 464,875.25 477,067.50 0.00 12,192.25 2.62% 12,750.00 2.67% 0.40%02.550% 020130DTD010920CALL@MW+15BP

94.35 0.62%
ST STREET BK & TR CO NTS 1,000,000.00 99.84 998,380.50 1,035,357.67 0.00 36,977.17 3.70% 47,820.00 4.62% 0.86%04.782% 112329DTD112524 FC052325 B/E 103.03 1.34%
TOYOTA MOTOR CREDIT 500,000.00 99.82 499,085.25 506,803.61 0.00 7,718.36 1.55% 22,250.00 4.39% 0.42%CORP 04.450% 062929DTD063022 FC122922CALL@MW+20BP 101.34 0.66%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 16 of 37 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of December 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 01/02/2026
Price on
12/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
Corporate IG Credit
UNITED HEALTH GROUP INC 2,000,000.00 100.02 2,000,366.67 1,983,298.89 -4,401.48 -17,067.78 -0.85% 23,000.00 1.16% 1.65%01.150% 051526DTD051921 FC111521CALL@MW+07.50BP

99.02 2.57%
UNITED HEALTH GROUP INC 1,000,000.00 98.46 984,595.25 1,004,651.11 0.00 20,055.86 2.04% 40,000.00 3.98% 0.83%04.000% 051529DTD052022 FC111522CALL@MW+20BP

99.95 1.30%
US BANCORP NTS B/E 1,000,000.00 99.40 993,985.50 1,012,890.00 0.00 18,904.50 1.90% 46,530.00 4.59% 0.84%04.653% 020129DTD020123 FC080123 101.29 1.31%
Total Corporate IG Credit $23,729,958 $23,964,595 -$8,376.64 $234,637 0.99% $627,785 2.62% 31.11% 19.89% Total US $76,443,967 $77,031,842 -$9,412.97 $587,875 0.77% $2,133,779 2.77% 100% 63.94% Total Fixed Income $76,443,967 $77,031,842 -$9,412.97 $587,875 0.77% $2,133,779 2.77% 100% 63.94%Total Portfolio $119,880,844 $120,468,719 $587,875 0.49% $2,946,566 2.45% 100% 100% Unrealized
gain/loss
(%)
Unrealized
gain/loss ($)
% of
asset
class
Est. annual
Cost basis ($) income ($)
Current
Market value ($) yield (%)
% of
portfolio
Total accrued interest (included in market values): $417,462.85(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 17 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025Summary of Bond HoldingsMaturityYear Yield to
maturity (%)
Yield to
worst (%)
Unrealized
Issues gain/loss ($) Mkt. value ($)
Est. annual
income ($)
Adjusted
cost basis ($)
Modified
duration
Current
Quantity yield (%) % of bond portfolio maturing
2025 0 0 N/A N/A N/A2026 30 27,365,000 380,110.00 1.40% 3.84% 3.84% 0.40 27,305,697.21 -195,423.21 27,176,110.33

35.39%
2027 19 11,345,000 275,994.00 2.46% 3.60% 3.60% 1.24 11,203,846.31 -2,397.76 11,268,799.62

14.62%
2028 17 6,414,000 245,291.50 3.83% 3.89% 3.29% 1.79 6,396,246.48 6,109.52 6,434,962.90

8.36%
2029 23 20,362,000 818,251.25 4.00% 3.90% 3.88% 2.95 20,150,276.4 286,513.76 20,584,870.54

26.67%
2030 21 11,705,000 414,132.50 3.61% 4.05% 3.89% 2.82 11,387,900.21 75,609.89 11,567,098.27

14.96%
2031 0 0 N/A N/A N/A2032 0 0 N/A N/A N/A2033 0 0 N/A N/A N/A2034 0 0 N/A N/A N/A2035 0 0 N/A N/A N/A2036 0 0 N/A N/A N/A2037 0 0 N/A N/A N/A2038 0 0 N/A N/A N/A2039 0 0 N/A N/A N/A2040 0 0 N/A N/A N/A2041 0 0 N/A N/A N/A2042 0 0 N/A N/A N/A2043 0 0 N/A N/A N/A2044 0 0 N/A N/A N/A2045 0 0 N/A N/A N/A2046 0 0 N/A N/A N/A2047 0 0 N/A N/A N/A2048 0 0 N/A N/A N/A2049 0 0 N/A N/A N/A2050 0 0 N/A N/A N/A2050 + 0 0 N/A N/A N/AOther 0 0 N/A N/A N/ATotal 110 77,191,000 $2,133,779.25 2.79% 3.86% 3.76% 1.86 $76,443,966.61 $170,412.20 $77,031,841.66Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 18 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)
Effective rating/
Underlying rating
(Mdy/Fitch/S&P)
Mkt. value ($)/
Accr. interest ($)
Adjusted
cost basis ($)/
Unreal. g/l ($)
Call date/
Coupon Call price ($)
Modified
duration
YTM (%)/
Quantity YTW (%)
Effective
maturity
% of
bond
port.

Market
price ($)

3.86%3.76%
03/02/2028 N/A 1.86$76,443,966.61 N/A $76,614,378.81
$170,412.20
77,191,000

2.79% $417,462.85

2.78% $2,133,779.25 100%
$77,031,841.66
Total Bond PortfolioDetails of Bond Holdings
Est. annual
income ($)/
Curr. yield (%)
Maturing 2026
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
2,000,000 2,000,033.16 99.878
6,455.56

0.70%

0.70% -2,473.16
01/15/2026 0.03 1,997,560.00 2.61%

3.83%
14,000.00 3.83%

NR/NR/NR
JOHN DEERE CPTL CORP A1/A+/A00.700% 011526DTD010721 FC071521 MEDTERM NTS 245,000 245,000.00 99.991
4,307.64

4.25%

4.25% -22.05
02/02/2026 0.09 244,977.95 0.32%

4.27%
MORGAN STANLEY BK UT US 10,412.50 4.27%RT 04.2500% MAT 02/02/26FIXED RATE CD /UT CD
1,200,000 1,200,000.00 99.425
3,333.33

0.80%

0.80% -6,900.00
02/26/2026 0.15 1,193,100.00 1.56%

4.58%
9,600.00 4.58%

NR/NR/NR
JPMORGAN CHASE & CO A1/AA-/A00.800% 022626DTD022621 FC082621 MEDTERM NTS 245,000 245,000.00 99.993
3,621.97

3.80%

3.80% -17.15
03/11/2026 01/11/2026 0.19 244,982.85 0.32%

3.80%3.80%
100.00
CFG COMMUNITY BANK MD 9,310.00US RT 03.8000% MAT03/11/26 FIXED RATE CD/MD CD
2,000,000 1,989,860.00 99.432
5,500.00

0.90%

0.91% -1,220.00
03/11/2026 02/11/2026 0.19 1,988,640.00 2.60%

3.83%3.83%
100.00
18,000.00

NR/NR/NR
CHARLES SCHWAB CORP A2/A/ANTS 00.900% 031126DTD121120 FC031121CALL@MW+10BP 245,000 245,000.00 99.364

69.81 0.80%

0.81% -1,558.20
03/18/2026 0.20 243,441.80 0.32%

3.84%
BMO HARRIS BK NA IL US RT 1,960.00 3.84%00.8000% MAT 03/18/26FIXED RATE CD /IL CD
245,000 245,000.00 100.262
372.87

5.05%

5.04% 641.90
03/20/2026 0.21 245,641.90 0.32%

3.83%
AFFINITY PLUS MN US RT 12,372.50 3.83%05.0500% MAT 03/20/26LICU SHARE CERTIFICATE/MN CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 19 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)Maturing 2026 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 100.251
369.18

5.00%

4.99% 614.95
03/20/2026 0.21 245,614.95 0.32%

3.83%
VALLEYSTAR CR UN M VA 12,250.00 3.83%US RT 05.0000% MAT03/20/26 LICU SHARECERTIFICATE /VA CD
245,000 245,000.00 100.269
1,006.85

5.00%

4.99% 659.05
03/23/2026 0.22 245,659.05 0.32%

3.80%
TECHNOLOGY CREDIT CA US 12,250.00 3.80%RT 05.0000% MAT 03/23/26CREDIT UNION SHARE CERT/CA CD
245,000 245,000.00 100.253
3,289.04

5.00%

4.99% 619.85
03/24/2026 0.22 245,619.85 0.32%

3.83%
CIBC BANK ILLINOIS IL US RT 12,250.00 3.83%05.0000% MAT 03/24/26FIXED RATE CD /IL CD
245,000 245,000.00 99.329
585.99

0.90%

0.91% -1,643.95
03/25/2026 0.22 243,356.05 0.32%

3.83%
STATE BANK OF INDI NY US 2,205.00 3.83%RT 00.9000% MAT 03/25/26FIXED RATE CD /NY CD
2,000,000 2,000,000.00 99.370
5,250.00

1.05%

1.06% -12,600.00
03/30/2026 N/A 1,987,400.00 2.59%
N/A
21,000.00 N/A

NR/NR/NR
FHLB NTS 1.0500% DUE Aa1/NR/AA+033026 DTD 033021 FC09302021 245,000 245,000.00 99.292

0.00 0.95%

0.96% -1,734.60
03/31/2026 12/31/2025 N/A 243,265.40 0.32%
N/AN/A
100.00
BANKUNITED NA FLOR FL US 2,327.50RT 00.9500% MAT 03/31/26FIXED RATE CD /FL CD
245,000 245,000.00 99.173
191.30

0.95%

0.96% -2,026.15
04/16/2026 0.28 242,973.85 0.32%

3.82%
GREENSTATE CREDIT IA US 2,327.50 3.82%RT 00.9500% MAT 04/16/26FIXED RATE CD /IA CD
245,000 245,000.00 99.118
422.88

0.90%

0.91% -2,160.90
04/22/2026 0.30 242,839.10 0.32%

3.80%
TOYOTA FINL SVG BK NV US 2,205.00 3.80%RT 00.9000% MAT 04/22/26FIXED RATE CD /NV CD
2,000,000 2,000,000.00 99.866
1,277.78

0.50%

0.50% -2,680.00
05/15/2026 N/A 1,997,320.00 2.61%
N/A
10,000.00 N/A

NR/NR/NR
INTL FIN CORP NTS 00.500 % Aaa/NR/AAADUE 051526 DTD 052821 FC11152021 2,000,000 2,000,366.67 99.018
2,938.89

1.15%

1.16% -20,006.67
05/15/2026 04/15/2026 0.36 1,980,360.00 2.58%

3.82%3.82%
100.00
23,000.00

NR/NR/NR
UNITED HEALTH GROUP INC A2/A/A+01.150% 051526DTD051921 FC111521CALL@MW+07.50BP 245,000 245,000.00 98.717

85.58 0.85%

0.86% -3,143.35
06/16/2026 0.45 241,856.65 0.32%

3.68%
UBS BANK UT US RT 2,082.50 3.68%00.8500% MAT 06/16/26FIXED RATE CD /UT CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 20 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)Maturing 2026 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 99.941

23.83 3.55%

3.55% -144.55
06/30/2026 01/30/2026 0.48 244,855.45 0.32%

3.67%3.67%
100.00
ALLY BK UT US RT 03.5500% 8,697.50MAT 06/30/26 FIXED RATECD /UT CD
2,000,000 2,000,000.00 99.866

0.00 3.50%

3.50% -2,680.00
06/30/2026 03/30/2026 N/A 1,997,320.00 2.61%
N/AN/A
100.00
70,000.00

NR/NR/NR
FHLB BOND STEP-UP Aa1/NR/AA+3.5000% DUE 063026 DTD063021 FC 12302021 2,000,000 2,000,000.00 98.942

0.00 1.50%

1.52% -21,160.00
06/30/2026 N/A 1,978,840.00 2.58%
N/A
30,000.00 N/A

NR/NR/NR
FHLB NTS 1.5000% DUE Aa1/NR/AA+063026 DTD 063021 FC12302021 245,000 245,000.00 98.546

4.70 0.70%

0.71% -3,562.30
07/01/2026 0.48 241,437.70 0.32%

3.67%
NEW YORK CMNTY BK NY 1,715.00 3.67%US RT 00.7000% MAT07/01/26 FIXED RATE CD /NY CD
1,000,000 968,385.25 98.473
4,025.00

1.05%

1.07% 16,344.75
08/13/2026 01/13/2026 0.60 984,730.00 1.29%

3.57%3.57%
100.00
10,500.00

NR/NR/NR
FHLB BOND 01.050 % DUE Aa1/NR/AA+081326 DTD 081321 FC02132022 245,000 245,000.00 98.289
161.10

0.80%

0.81% -4,191.95
08/13/2026 0.61 240,808.05 0.31%

3.61%
LIVE OAK BKG CO NC US RT 1,960.00 3.61%00.8000% MAT 08/13/26FIXED RATE CD /NC CD
2,000,000 2,000,000.00 98.235
7,986.11

1.15%

1.17% -35,300.00
08/26/2026 N/A 1,964,700.00 2.56%
N/A
23,000.00 N/A

NR/NR/NR
FHLB NTS 1.1500% DUE Aa1/NR/AA+082626 DTD 082621 FC02262022 2,000,000 2,000,000.00 98.092
7,233.33

1.05%

1.07% -38,160.00
08/27/2026 0.64 1,961,840.00 2.56%

4.03%
21,000.00 4.03%

NR/NR/NR
MORGAN STANLEY FIN LLC A1/A+/A01.050% 082726DTD082721 FC022722 MEDTERM NTS 2,000,000 2,000,000.00 98.085
4,856.67

0.94%

0.96% -38,300.00
09/28/2026 0.72 1,961,700.00 2.56%

3.58%
18,800.00 3.58%

NR/NR/NR
FFCB NTS 00.940 % DUE Aa1/AA+/AA+092826 DTD 092821 FC03282022 1,000,000 982,052.13 97.989
1,895.72

1.13%

1.15% -2,162.13
10/31/2026 0.81 979,890.00 1.28%

3.60%
11,250.00 3.60%

NR/NR/NR
US TSY NOTE 01.125 % DUE NR/AA+/NR10/31/26 DTD 10/31/21 FC04/30/22 245,000 245,000.00 97.866
285.61

1.15%

1.18% -5,228.30
11/24/2026 0.88 239,771.70 0.31%

3.58%
CAPITAL ONE BK USA VA US 2,817.50 3.58%RT 01.1500% MAT 11/24/26FIXED RATE CD /VA CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 21 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)Maturing 2026 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 97.866
285.61

1.15%

1.18% -5,228.30
11/24/2026 0.88 239,771.70 0.31%

3.58%
CAPITAL ONE NA VA US RT 2,817.50 3.58%01.1500% MAT 11/24/26FIXED RATE CD /VA CD
Total 2026 27,365,000 1.39% 06/05/2026 $380,110.00

1.40%

3.84%3.84%

0.40$27,305,697.21
$-195,423.21
$27,110,274.00
$65,836.33

35.39%
Maturing 2027
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
2,000,000 2,000,000.00 98.199
15,844.44

1.84%

1.87% -36,020.00
01/26/2027 1.03 1,963,980.00 2.56%

3.57%
36,800.00 3.57%

NR/NR/NR
FFCB BOND 01.840 % DUE Aa1/AA+/AA+012627 DTD 012622 FC07262022 2,000,000 2,000,000.00 98.065
13,943.33

1.78%

1.82% -38,700.00
02/10/2027 02/10/2026 1.07 1,961,300.00 2.56%

3.57%3.57%
100.00
35,600.00

NR/NR/NR
FHLB BOND 01.780 % DUE Aa1/NR/AA+021027 DTD 021022 FC08102022 245,000 245,000.00 97.881
342.33

1.70%

1.74% -5,191.55
02/18/2027 1.12 239,808.45 0.31%

3.61%
METRO CREDIT UNION MA 4,165.00 3.61%US RT 01.7000% MAT02/18/27 LICU SHARECERTIFICATE /MA CD
245,000 245,000.00 97.893
148.34

1.70%

1.74% -5,162.15
02/18/2027 1.12 239,837.85 0.31%

3.60%
PENTAGON FED CREDI VA US 4,165.00 3.60%RT 01.7000% MAT 02/18/27CREDIT UNION SHARE CERT/VA CD
3,215,000 3,075,098.40 98.254
22,617.53

2.01%

2.05% 83,767.70
02/25/2027 02/25/2026 1.11 3,158,866.10 4.12%

3.57%3.57%
100.00
64,621.50

NR/NR/NR
FHLB BOND 02.010 % DUE Aa1/NR/AA+022527 DTD 022522 FC08252022 245,000 245,266.66 98.176
1,610.96

2.00%

2.04% -4,735.46
03/02/2027 1.13 240,531.20 0.31%

3.61%
EAGLEMARK SVGS BK NV US 4,900.00 3.61%RT 02.0000% MAT 03/02/27FIXED RATE CD /NV CD
245,000 245,000.00 99.411
794.74

3.20%

3.22% -1,443.05
05/24/2027 1.34 243,556.95 0.32%

3.63%
DISCOVER BANK DE US RT 7,840.00 3.63%03.2000% MAT 05/24/27FIXED RATE CD /DE CD
245,000 245,000.00 101.498
504.77

4.70%

4.63% 3,670.10
06/15/2027 1.40 248,670.10 0.32%

3.64%
ESSENTIAL FED CRED LA US 11,515.00 3.64%RT 04.7000% MAT 06/15/27LICU SHARE CERTIFICATE /LA CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 22 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)Maturing 2027 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 99.445
349.04

3.25%

3.27% -1,359.75
06/15/2027 1.41 243,640.25 0.32%

3.64%
LAFAYETTE FED CRED MD US 7,962.50 3.64%RT 03.2500% MAT 06/15/27LICU SHARE CERTIFICATE/MD CD
245,000 245,000.00 100.228
408.11

3.80%

3.79% 558.60
08/13/2027 1.56 245,558.60 0.32%

3.65%
TAB BANK INC UT US RT 9,310.00 3.65%03.8000% MAT 08/13/27FIXED RATE CD /UT CD
245,000 245,000.00 100.376
287.96

3.90%

3.89% 921.20
08/20/2027 1.57 245,921.20 0.32%

3.66%
BRIGHTSTAR CR UN FL US RT 9,555.00 3.66%03.9000% MAT 08/20/27LICU SHARE CERTIFICATE /FL CD
500,000 498,481.25 99.486
5,555.56

3.20%

3.22% -1,051.25
08/26/2027 1.57 497,430.00 0.65%

3.52%
16,000.00 3.52%

NR/NR/NR
FARMER MAC NTS 03.200 % NR/NR/NRDUE 082627 DTD 082922 FC02262023 245,000 245,000.00 100.539
751.78

4.00%

3.98% 1,320.55
09/03/2027 1.61 246,320.55 0.32%

3.67%
CONNEXUS CREDIT UN WI 9,800.00 3.67%US RT 04.0000% MAT09/03/27 LICU SHARECERTIFICATE /WI CD
200,000 200,000.00 99.657
590.69

3.85%

3.86% -685.25
09/15/2027 1.64 199,314.75 0.26%

4.06%
COMENITY BANK DE US RT 7,700.00 4.06%03.8500% MAT 09/15/27JUMBO CD - HELD AT UBS/DE CD
245,000 245,000.00 99.854
2,078.14

3.60%

3.61% -357.70
10/06/2027 1.68 244,642.30 0.32%

3.68%
MUTUALONE BANK MA US 8,820.00 3.68%RT 03.6000% MAT 10/06/27FIXED RATE CD /MA CD
245,000 245,000.00 99.864
531.62

3.60%

3.60% -333.20
10/12/2027 1.71 244,666.80 0.32%

3.68%
KEMBA FINL CREDIT OH US 8,820.00 3.68%RT 03.6000% MAT 10/12/27FIXED RATE CD /OH CD
245,000 245,000.00 99.939

98.00 3.65%

3.65% -149.45
10/27/2027 1.75 244,850.55 0.32%

3.68%
VIBRANT CREDIT UNI IL US RT 8,942.50 3.68%03.6500% MAT 10/27/27LICU SHARE CERTIFICATE /IL CD
245,000 245,000.00 100.299
646.06

3.85%

3.84% 732.55
11/08/2027 1.78 245,732.55 0.32%

3.68%
FARMERS & MERCHANT WI 9,432.50 3.68%US RT 03.8500% MAT11/08/27 FIXED RATE CD /WI CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 23 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)Maturing 2027 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 100.743
247.68

4.10%

4.07% 1,820.35
11/22/2027 1.81 246,820.35 0.32%

3.69%
WORKERS CREDIT UNI MA 10,045.00 3.69%US RT 04.1000% MAT11/22/27 LICU SHARECERTIFICATE /MA CD
Total 2027 11,345,000 2.44% 04/15/2027 $275,994.00

2.46%

3.60%3.60%

1.24$11,203,846.31
$-2,397.76
$11,201,448.55
$67,351.07

14.62%
Maturing 2028
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 100.602
2,792.33

4.00%

3.98% 1,474.90
03/20/2028 2.08 246,474.90 0.32%

3.71%
GOLDMAN SACHS BANK NY 9,800.00 3.71%US RT 04.0000% MAT03/20/28 FIXED RATE CD /NY CD
245,000 245,000.00 100.085
285.27

4.25%

4.25% 208.25
03/21/2028 03/21/2026 0.21 245,208.25 0.32%

3.86%4.21%
100.00
AMER NATL BK OMA NE US 10,412.50RT 04.2500% MAT 03/21/28FIXED RATE CD /NE CD
245,000 245,000.00 100.289
939.73

5.00%

4.99% 708.05
04/03/2028 04/03/2026 0.25 245,708.05 0.32%

3.86%4.86%
100.00
ARBOR FINL CREDIT MI US RT 12,250.0005.0000% MAT 04/03/28FIXED RATE CD /MI CD
245,000 245,000.00 100.027

28.86 4.30%

4.30% 66.15
04/28/2028 01/30/2026 0.08 245,066.15 0.32%

3.97%4.29%
100.00
DIVERSIFIED MEMBER MI US 10,535.00RT 04.3000% MAT 04/28/28FIXED RATE CD /MI CD
245,000 245,000.00 100.376
785.34

3.90%

3.89% 921.20
05/01/2028 2.21 245,921.20 0.32%

3.73%
USF FED CREDIT UNI FL US RT 9,555.00 3.73%03.9000% MAT 05/01/28LICU SHARE CERTIFICATE /FL CD
1,500,000 1,494,995.25 99.723
7,283.33

3.80%

3.81% 849.75
05/15/2028 02/15/2028 2.23 1,495,845.00 1.95%

3.92%3.92%
100.00
57,000.00

NR/NR/NR
AMEREN ILL CO NTS B/E A1/WD/A03.800% 051528DTD052218 FC111518CALL@MW+15BP 500,000 499,366.75 99.427
993.06

3.25%

3.27% -2,231.75
06/09/2028 2.31 497,135.00 0.65%

3.50%
16,250.00 3.50%

NR/NR/NR
FHLB BOND 03.250 % DUE Aa1/NR/AA+060928 DTD 050818 FC12092018 245,000 245,000.00 100.029
563.84

4.20%

4.20% 71.05
07/11/2028 01/11/2026 0.03 245,071.05 0.32%

3.23%4.19%
100.00
FIRST FED SVGS BK IN US RT 10,290.0004.2000% MAT 07/11/28FIXED RATE CD /IN CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 24 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)Maturing 2028 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 100.403
604.78

5.30%

5.28% 987.35
07/14/2028 01/14/2026 0.03 245,987.35 0.32%
-5.17%

5.13%
100.00
CY-FAIR FED CREDIT TX US 12,985.00RT 05.3000% MAT 07/14/28FIXED RATE CD /TX CD
245,000 245,000.00 103.034
469.86

5.00%

4.85% 7,433.30
07/17/2028 2.38 252,433.30 0.33%

3.75%
NEW ORLEANS FIREME LA US 12,250.00 3.75%RT 05.0000% MAT 07/17/28FIXED RATE CD /LA CD
500,000 493,165.41 98.422
5,390.63

2.88%

2.92% -1,055.41
08/15/2028 2.47 492,110.00 0.64%

3.51%
14,375.00 3.51%

NR/NR/NR
US TSY NOTE 02.875 % DUE Aa1/AA+/NR08/15/28 DTD 08/15/18 FC02/15/19 500,000 499,278.69 99.621
4,987.91

3.38%

3.39% -1,173.69
09/15/2028 2.53 498,105.00 0.65%

3.52%
16,875.00 3.52%

NR/NR/NR
US TSY NOTE 03.375 % DUE Aa1/AA+/AA+09/15/28 DTD 09/15/25 FC03/15/26 245,000 245,000.00 99.857
2,036.52

3.70%

3.71% -350.35
10/10/2028 2.60 244,649.65 0.32%

3.75%
DORT FINL CREDIT U MI US 9,065.00 3.75%RT 03.7000% MAT 10/10/28LICU SHARE CERTIFICATE /MI CD
245,000 244,735.91 99.545
1,812.33

3.60%

3.62% -850.66
10/17/2028 2.61 243,885.25 0.32%

3.77%
BMW BK OF NA NA UT US RT 8,820.00 3.77%03.6000% MAT 10/17/28FIXED RATE CD /UT CD
219,000 219,000.00 100.050
1,435.50

4.35%

4.35% 109.50
11/06/2028 01/06/2026 0.01 219,109.50 0.29%

1.30%4.33%
100.00
FIRST GTY BK HAMMO LA US 9,526.50RT 04.3500% MAT 11/06/28FIXED RATE CD /LA CD
500,000 495,704.47 98.918
1,985.50

3.13%

3.16% -1,114.47
11/15/2028 2.71 494,590.00 0.65%

3.52%
15,625.00 3.52%

NR/NR/NR
US TSY NOTE 03.125 % DUE Aa1/AA+/NR11/15/28 DTD 11/15/18 FC05/15/19 245,000 245,000.00 100.023
212.11

3.95%

3.95% 56.35
12/22/2028 06/23/2026 0.46 245,056.35 0.32%

3.90%3.94%
100.00
REGENT BK OK US RT 9,677.5003.9500% MAT 12/22/28FIXED RATE CD /OK CD
Total 2028 6,414,000 3.83% 07/13/2028 $245,291.50

3.83%

3.89%3.29%

1.79 $6,396,246.48
$6,109.52
$6,402,356.00
$32,606.90

8.36%
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 25 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)Maturing 2029 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 243,750.40 100.042
484.63

3.80%

3.80% 1,352.50
01/12/2029 2.85 245,102.90 0.32%

3.79%
GUARANTY BK MO US RT 9,310.00 3.79%03.8000% MAT 01/12/29FIXED RATE CD /MO CD
1,000,000 993,985.50 101.289

0.00 4.65%

4.59% 18,904.50
02/01/2029 02/01/2028 N/A 1,012,890.00 1.32%
N/AN/A
100.00
46,530.00

NR/NR/NR
US BANCORP NTS B/E A3/A/A04.653% 020129DTD020123 FC080123 245,000 244,987.75 100.908
688.01

4.10%

4.06% 2,236.85
02/06/2029 2.90 247,224.60 0.32%

3.79%
WELLS FARGO BK NA SD US 10,045.00 3.79%RT 04.1000% MAT 02/06/29FIXED RATE CD /SD CD
1,000,000 1,000,004.27 100.298
12,640.97

4.18%

4.16% 2,975.73
03/12/2029 03/12/2027 1.14 1,002,980.00 1.31%

3.91%4.07%
100.00
41,750.00

NR/NR/NR
FEDERAL HOME LN BANK Aa1/NR/AA+NTS 04.175 % DUE 031229DTD 031225 FC 09122025 1,000,000 975,045.25 98.185
6,793.06

3.35%

3.41% 6,804.75
04/18/2029 3.06 981,850.00 1.28%

3.94%
33,500.00 3.94%

NR/NR/NR
JOHN DEERE CPTL CORP A1/A+/A03.350% 041829DTD041822 FC101822 MEDTERM NTS 650,000 648,380.25 100.047
4,333.33

4.00%

4.00% 1,925.25
04/30/2029 04/30/2026 0.32 650,305.50 0.85%

3.83%3.98%
100.00
26,000.00

NR/NR/NR
FHLMC NTS 04.000 % DUE Aa1/AA+/AA+043029 DTD 043025 FC10302025 1,000,000 984,595.25 99.954
5,111.11

4.00%

4.00% 14,944.75
05/15/2029 03/15/2029 3.11 999,540.00 1.30%

4.01%4.01%
100.00
40,000.00

NR/NR/NR
UNITED HEALTH GROUP INC A2/A/A+04.000% 051529DTD052022 FC111522CALL@MW+20BP 470,000 442,604.25 97.479
1,654.79

3.25%

3.33% 15,547.05
05/22/2029 02/22/2029 3.16 458,151.30 0.60%

4.05%4.05%
100.00
15,275.00

NR/NR/NR
CHARLES SCHWAB CORP B/E A2/A/A03.250% 052229DTD052219 FC112219 1,000,000 971,415.25 97.159
1,555.56

3.50%

3.60% 174.75
06/15/2029 03/15/2029 3.20 971,590.00 1.27%

4.39%4.39%
100.00
35,000.00

NR/NR/NR
PACIFICORP B/E 03.500% A3/NR/BBB+061529 DTD030119FC061519 CALL@MW+15BP 500,000 499,085.25 101.336
123.61

4.45%

4.39% 7,594.75
06/29/2029 3.21 506,680.00 0.66%

4.04%
22,250.00 4.04%

NR/NR/NR
TOYOTA MOTOR CREDIT A1/A+/A+CORP 04.450% 062929DTD063022 FC122922CALL@MW+20BP 2,000,000 1,999,005.25 100.224
37,491.67

4.09%

4.08% 5,474.75
07/16/2029 07/16/2027 1.45 2,004,480.00 2.62%

3.94%4.02%
100.00
81,800.00

NR/NR/NR
FFCB BOND 04.090 % DUE Aa1/AA+/AA+071629 DTD 071625 FC01162026Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 26 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)Maturing 2029 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
500,000 500,004.86 99.852
7,036.25

4.33%

4.34% -744.86
09/04/2029 03/04/2026 3.31 499,260.00 0.65%

4.37%4.37%
100.00
21,650.00

NR/NR/NR
FARMER MAC MED TERM NR/NR/NRNTS 04.330 % DUE 090429DTD 090425 FC 03042026 245,000 240,222.50 99.238
2,343.95

3.60%

3.63% 2,910.60
09/25/2029 3.43 243,133.10 0.32%

3.82%
AMER EXPRESS NATL UT US 8,820.00 3.82%RT 03.6000% MAT 09/25/29FIXED RATE CD /UT CD
1,000,000 984,716.19 99.594
8,846.15

3.50%

3.51% 11,223.81
09/30/2029 3.45 995,940.00 1.30%

3.62%
35,000.00 3.62%

NR/NR/NR
US TSY NOTE 03.500 % DUE Aa1/AA+/AA+09/30/29 DTD 09/30/24 FC03/31/25 3,000,000 2,973,745.75 100.441
29,362.50

4.05%

4.03% 39,484.25
10/04/2029 09/04/2029 3.34 3,013,230.00 3.93%

3.92%3.92%
100.00
121,500.00

NR/NR/NR
ACCENTURE CAPITAL INC Aa3/WD/AA04.050% 100429DTD100424 FC040425CALL@MW+10BP 1,000,000 991,647.22 101.371
6,740.33

4.00%

3.95% 22,062.78
10/31/2029 3.50 1,013,710.00 1.32%

3.61%
40,000.00 3.61%

NR/NR/NR
US TSY NOTE 04.000 % DUE Aa1/AA+/AA+10/31/29 DTD 10/31/22 FC04/30/23 1,000,000 983,770.88 101.773
6,950.97

4.13%

4.05% 33,959.12
10/31/2029 3.49 1,017,730.00 1.33%

3.62%
41,250.00 3.62%

NR/NR/NR
US TSY NOTE 04.125 % DUE Aa1/AA+/AA+10/31/29 DTD 10/31/24 FC04/30/25 500,000 500,524.61 101.698
3,875.00

4.65%

4.57% 7,965.39
11/01/2029 10/01/2029 3.37 508,490.00 0.66%

4.16%4.16%
100.00
23,250.00

NR/NR/NR
ONCOR ELEC DELIVERY CO A2/A/A04.650% 110129DTD111324 FC050125CALL@MW+10BP 245,000 244,510.00 100.793
1,087.40

4.05%

4.02% 2,432.85
11/21/2029 3.55 246,942.85 0.32%

3.83%
SALLIE MAE BANK UT US RT 9,922.50 3.83%04.0500% MAT 11/21/29FIXED RATE CD /UT CD
1,000,000 998,380.50 103.031
5,047.67

4.78%

4.64% 31,929.50
11/23/2029 3.51 1,030,310.00 1.34%

3.93%
47,820.00 3.93%

NR/NR/NR
ST STREET BK & TR CO NTS Aa2/AA/AA04.782% 112329DTD112524 FC052325 B/E 245,000 245,000.00 100.973
963.22

4.10%

4.06% 2,383.85
11/26/2029 3.56 247,383.85 0.32%

3.83%
STATE BK IL US RT 04.1000% 10,045.00 3.83%MAT 11/26/29 FIXED RATECD /IL CD
1,500,000 1,490,677.13 100.902
4,950.21

3.88%

3.84% 22,852.87
11/30/2029 3.59 1,513,530.00 1.98%

3.63%
58,125.00 3.63%

NR/NR/NR
US TSY NOTE 03.875 % DUE Aa1/AA+/NR11/30/29 DTD 11/30/22 FC05/31/23Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 27 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)Maturing 2029 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
1,017,000 994,218.09 100.918

0.00 3.88%

3.84% 32,117.97
12/31/2029 3.67 1,026,336.06 1.34%

3.63%
39,408.75 3.63%

NR/NR/NR
US TSY NOTE 03.875 % DUE Aa1/AA+/AA+12/31/29 DTD 12/31/22 FC06/30/23 Total 2029 20,362,000 4.02% 08/13/2029 $818,251.25

4.00%

3.90%3.88%

2.95$20,150,276.40
$286,513.76
$20,436,790.16
$148,080.38

26.67%
Maturing 2030
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
1,000,000 1,000,004.77 100.376
20,500.00

4.50%

4.48% 3,755.23
01/17/2030 07/17/2026 0.52 1,003,760.00 1.31%

3.79%4.40%
100.00
45,000.00

NR/NR/NR
FHLB NTS 04.500 % DUE Aa1/NR/AA+011730 DTD 071725 FC01172026 500,000 499,615.25 102.529
10,998.56

5.01%

4.89% 13,029.75
01/23/2030 01/23/2029 2.76 512,645.00 0.67%

4.12%4.33%
100.00
25,060.00

NR/NR/NR
JPMORGAN CHASE & CO A1/AA-/ANTS 05.012% 012330DTD012324 FC072324CALL@MW+20BP 500,000 464,875.25 94.351
5,312.50

2.55%

2.70% 6,879.75
02/01/2030 11/01/2029 3.77 471,755.00 0.62%

4.06%4.06%
100.00
12,750.00

NR/NR/NR
SOUTHERN CALIF GAS CO Aa3/AA-/A02.550% 020130DTD010920CALL@MW+15BP 245,000 244,938.75 100.011

82.56 4.10%

4.10% 88.20
02/27/2030 02/28/2026 0.15 245,026.95 0.32%

4.03%4.10%
100.00
TRUXTON TR CO NASH TN 10,045.00US RT 04.1000% MAT02/27/30 FIXED RATE CD /TN CD
1,000,000 919,485.25 93.036
7,500.00

2.25%

2.42% 10,874.75
03/01/2030 12/01/2029 3.88 930,360.00 1.21%

4.08%4.08%
100.00
22,500.00

NR/NR/NR
DTE ELEC CO B/E 02.250% Aa3/A+/A030130 DTD022620CALL@MW+15BP 1,000,000 1,000,004.48 100.481
13,975.00

4.30%

4.28% 4,805.52
03/04/2030 03/04/2027 1.12 1,004,810.00 1.31%

3.87%4.17%
100.00
43,000.00

NR/NR/NR
FNMA NTS 04.300 % DUE Aa1/AA+/AA+030430 DTD 031225 FC09042025 500,000 485,050.25 96.674
4,243.06

3.25%

3.36% -1,680.25
03/27/2030 12/27/2029 3.87 483,370.00 0.63%

4.11%4.11%
100.00
16,250.00

NR/NR/NR
ARCHER DANIELS MIDLAND A2/A/A03.250% 032730DTD032720 FC092720 COCALL@MW+40BPIncludes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 28 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)Maturing 2030 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
1,000,000 1,001,281.61 101.227
10,000.00

4.00%

3.95% 10,988.39
04/01/2030 3.84 1,012,270.00 1.32%

3.68%
40,000.00 3.68%

NR/NR/NR
FFCB BOND 04.000 % DUE Aa1/AA+/AA+040130 DTD 040125 FC10012025 245,000 240,525.91 99.207

49.00 3.65%

3.68% 2,531.24
04/29/2030 3.99 243,057.15 0.32%

3.85%
CELTIC BK UT US RT 8,942.50 3.85%03.6500% MAT 04/29/30FIXED RATE CD /UT CD
1,000,000 1,000,004.76 100.284
5,901.11

4.52%

4.51% 2,835.24
05/14/2030 05/14/2026 0.36 1,002,840.00 1.31%

3.72%4.45%
100.00
45,200.00

NR/NR/NR
FFCB BOND 04.520 % DUE Aa1/AA+/AA+051430 DTD 051425 FC11142025 1,000,000 986,458.38 100.328
3,193.68

3.75%

3.74% 16,821.62
05/31/2030 4.02 1,003,280.00 1.31%

3.67%
37,500.00 3.67%

NR/NR/NR
US TSY NOTE 03.750 % DUE Aa1/AA+/AA+05/31/30 DTD 05/31/23 FC11/30/23 1,000,000 889,135.25 90.211
1,166.67

1.50%

1.66% 12,974.75
06/03/2030 03/03/2030 4.19 902,110.00 1.18%

3.93%3.93%
100.00
15,000.00

NR/NR/NR
AMAZON.COM INC B/E A1/AA-/AA01.500% 060330DTD060320CALL@MW+15BP 245,000 245,000.00 100.145
5,585.66

4.45%

4.44% 355.25
06/27/2030 06/27/2026 0.47 245,355.25 0.32%

4.05%4.40%
100.00
TRUIST BK NC US RT 10,902.5004.4500% MAT 06/27/30FIXED RATE CD /NC CD
245,000 245,000.00 100.018
338.30

4.20%

4.20% 44.10
08/19/2030 02/19/2026 0.13 245,044.10 0.32%

4.07%4.20%
100.00
CENTRAL BK AR US RT 10,290.0004.2000% MAT 08/19/30FIXED RATE CD /AR CD
245,000 245,000.00 100.030
3,329.32

4.00%

4.00% 73.50
08/29/2030 08/29/2027 1.57 245,073.50 0.32%

3.98%3.99%
100.00
MORGAN STANLEY PRI NY 9,800.00US RT 04.0000% MAT08/29/30 FIXED RATE CD /NY CD
245,000 243,285.00 98.711
2,284.88

3.70%

3.75% -1,443.05
09/30/2030 03/31/2026 4.23 241,841.95 0.32%

4.00%4.00%
100.00
JPMORGAN CHASE BK DE US 9,065.00RT 03.7000% MAT 09/30/30FIXED RATE CD /DE CD
500,000 447,160.25 89.333
2,125.00

1.70%

1.90% -495.25
10/01/2030 07/01/2030 4.45 446,665.00 0.58%

4.20%4.20%
100.00
8,500.00

NR/NR/NR
SAN DIEGO G & E B/E A1/A/A01.700% 100130DTD092820 FC040121CALL@MW+20BP 245,000 245,000.00 98.813
1,981.48

3.60%

3.64% -2,908.15
10/10/2030 4.31 242,091.85 0.32%

3.87%
OCEANAIR FED CREDI CA US 8,820.00 3.87%RT 03.6000% MAT 10/10/30FIXED RATE CD /CA CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 29 of 37 Consolidated report prepared for City of Glendora
Bond Holdingsas of December 31, 2025 (continued)Maturing 2030 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 244,877.50 99.455
1,887.84

3.75%

3.77% -1,212.75
10/17/2030 4.31 243,664.75 0.32%

3.87%
FIRST FEDERAL BANK FL US 9,187.50 3.87%RT 03.7500% MAT 10/17/30FIXED RATE CD /FL CD
245,000 244,020.42 99.208
1,643.18

3.60%

3.63% -960.82
10/24/2030 4.35 243,059.60 0.32%

3.78%
SYNCHRONY BANK UT US RT 8,820.00 3.78%03.6000% MAT 10/24/30FIXED RATE CD /UT CD
500,000 497,177.13 99.086
1,490.38

3.50%

3.53% -1,747.13
11/30/2030 4.46 495,430.00 0.65%

3.70%
17,500.00 3.70%

NR/NR/NR
US TSY NOTE 03.500 % DUE Aa1/AA+/AA+11/30/30 DTD 11/30/25 FC05/31/26 Total 2030 11,705,000 3.58% 05/10/2030 $414,132.50

3.61%

4.05%3.89%

2.82$11,387,900.21
$75,609.89
$11,463,510.10
$103,588.17

14.96%
Effective rating/
Underlying rating
(Mdy/Fitch/S&P)
Mkt. value ($)/
Accr. interest ($)
Adjusted
cost basis ($)/
Unreal. g/l ($)
Call date/
Coupon Call price ($)
Modified
duration
YTM (%)/
YTW (%)
Est. annual
income ($)/
Quantity Curr. yield (%)
Effective
maturity
% of
bond
port.

Market
price ($)

3.86%3.76%
03/02/2028 N/A 1.86$76,443,966.61 N/A $76,614,378.81
$170,412.20
77,191,000

2.79% $417,462.85 Total Bond Portfolio 2.78% $2,133,779.25 100% $77,031,841.66
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: January 05, 2026 Page 30 of 37 Important Information About This Report Disclosures Applicable to Accounts at UBS Financial Services Inc.

This section contains important disclosures regarding the information and valuations presented here. Allinformation presented is subject to change at any time and is provided only as of the date indicated. Theinformation in this report is for informational purposes only and should not be relied upon as the basis of aninvestment or liquidation decision. UBS FS account statements and official tax documents are the only officialrecord of your accounts and are not replaced, amended or superseded by any of the information presented inthese reports. You should not rely on this information in making purchase or sell decisions, for tax purposes orotherwise.UBS FS offers a number of investment advisory programs to clients, acting in our capacity as an investmentadviser, including fee-based financial planning, discretionary account management, non-discretionary investmentadvisory programs, and advice on the selection of investment managers and mutual funds offered through ourinvestment advisory programs. When we act as your investment adviser, we will have a written agreement withyou expressly acknowledging our investment advisory relationship with you and describing our obligations toyou. At the beginning of our advisory relationship, we will give you our Form ADV brochure(s) for the program(s)you selected that provides detailed information about, among other things, the advisory services we provide, ourfees, our personnel, our other business activities and financial industry affiliations and conflicts between ourinterests and your interests.In our attempt to provide you with the highest quality information available, we have compiled this report usingdata obtained from recognized statistical sources and authorities in the financial industry. While we believe thisinformation to be reliable, we cannot make any representations regarding its accuracy or completeness. Pleasekeep this guide as your Advisory Review.Please keep in mind that most investment objectives are long term. Although it is important to evaluate yourportfolio's performance over multiple time periods, we believe the greatest emphasis should be placed on thelonger period returns.Please review the report content carefully and contact your Financial Advisor with any questions.Client Accounts: This report may include all assets in the accounts listed and may include eligible and ineligibleassets in a fee-based program. Since ineligible assets are not considered fee-based program assets, the inclusionof such securities will distort the actual performance of your accounts and does not reflect the performance ofyour accounts in the fee-based program. As a result, the performance reflected in this report can varysubstantially from the individual account performance reflected in the performance reports provided to you aspart of those programs. For fee-based programs, fees are charged on the market value of eligible assets in theaccounts and assessed quarterly in advance, prorated according to the number of calendar days in the billingperiod. When shown on a report, the risk profile and return objectives describe your overall goals for theseaccounts. For each account you maintain, you choose one return objective and a primary risk profile. If you havequestions regarding these objectives or wish to change them, please contact your Financial Advisor to updateyour account records.Performance: This report presents account activity and performance depending on which inception type you'vechosen. The two options are: (1) All Assets (Since Performance Start): This presents performance for all assetssince the earliest possible date; (2) Advisory Assets (Advisory Strategy Start) for individual advisory accounts: Thispresents Advisory level performance since the Latest Strategy Start date; If an account that has never beenmanaged is included in the consolidated report, the total performance of that unmanaged account will beincluded since inception.

Time-weighted Returns for accounts / SWP/AAP sleeves (Monthly periods): The report displays a timeweighted rate of return (TWR) that is calculated using the Modified Dietz Method. This calculation uses thebeginning and ending portfolio values for the month and weighs each contribution/withdrawal based upon theday the cash flow occurred. Periods greater than one month are calculated by linking the monthly returns. TheTWR gives equal weighting to every return regardless of amount of money invested, so it is an effective measurefor returns on a fee based account. All periods shown which are greater than 12 months are annualized. Thisapplies to all performance for all assets before 09/30/2010, Advisory assets before 12/31/2010 and SWP sleevesbefore 04/30/2018.Time-weighted Returns for accounts / SWP/AAP sleeves (Daily periods): The report displays a timeweighted rate of return (TWR) that is calculated by dividing the portfolio's daily gain/loss by the previous day'sclosing market value plus the net value of cash flows that occurred during the day, if it was positive. The TWRgives equal weighting to every return regardless of amount of money invested, so it is an effective measure forreturns on a fee based account. Periods greater than one day are calculated by linking the daily returns. Allperiods shown which are greater than 12 months are annualized. For reports generated prior to 01/26/2018, theperformance calculations used the account's end of day value on the performance inception (listed in the reportunder the column "ITD") and all cash flows were posted at end of day. As a result of the change, the overallrate of return (TWR) and beginning market value displayed can vary from prior generated reports. This applies toall performance for all assets on or after 09/30/2010, Advisory assets on or after 12/31/2010, SWP/AAP sleeveson or after 04/30/2018 as well as all Asset Class and Security level returns.Money-weighted returns: Money-weighted return (MWR) is a measure of the rate of return for an asset orportfolio of assets. It is calculated by finding the daily Internal Rate of Return (IRR) for the period and thencompounding this return by the number of days in the period being measured. The MWR incorporates the sizeand timing of cash flows, so it is an effective measure of returns on a portfolio.Annualized Performance: All performance periods greater than one year are calculated (unless otherwisestated) on an annualized basis, which represents the return on an investment multiplied or divided to give acomparable one year return.Cumulative Performance: A cumulative return is the aggregate amount that an investment has gained or lostover time, independent of the period of time involved.Net of Fees and Gross of Fees Performance: Performance is presented on a "net of fees" and "gross offees" basis, where indicated. Net returns do not reflect Program and wrap fees prior to 10/31/10 for accountsthat are billed separately via invoice through a separate account billing arrangement. Gross returns do not reflectthe deduction of fees, commissions or other charges. The payment of actual fees and expenses will reduce aclient's return. The compound effect of such fees and expenses should be considered when reviewing returns.For example, the net effect of the deduction of fees on annualized performance, including the compoundedeffect over time, is determined by the relative size of the fee and the account's investment performance. Itshould also be noted that where gross returns are compared to an index, the index performance also does notreflect any transaction costs, which would lower the performance results. Market index data maybe subject toreview and revision.Benchmark/Major Indices: The past performance of an index is not a guarantee of future results. Anybenchmark is shown for informational purposes only and relates to historical performance of market indices andnot the performance of actual investments. Although most portfolios use indices as benchmarks, portfolios areactively managed and generally are not restricted to investing only in securities in the index. As a result, your Report created on: January 05, 2026 Page 31 of 37
Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) portfolio holdings and performance may vary substantially from the index. Each index reflects an unmanageduniverse of securities without any deduction for advisory fees or other expenses that would reduce actualreturns, as well as the reinvestment of all income and dividends. An actual investment in the securities includedin the index would require an investor to incur transaction costs, which would lower the performance results.Indices are not actively managed and investors cannot invest directly in the indices. Market index data maybesubject to review and revision. The benchmark index is selected from among the indices for which UBSFS haslicensing agreements with the index provider. UBSFS does not have licensing agreements for all available indices.The benchmarks may vary from those used by the Money Manager or those listed in the prospectus. Further,there is no guarantee that an investor's account will meet or exceed the stated benchmark. Index performanceinformation has been obtained from third parties deemed to be reliable. We have not independently verified thisinformation, nor do we make any representations or warranties to the accuracy or completeness of thisinformation.Blended Index - For Advisory accounts, Blended Index is designed to reflect the asset categories in which youraccount is invested. For Brokerage accounts, you have the option to select any benchmark from the list.For certain products, the blended index represents the investment style corresponding to your client targetallocation. If you change your client target allocation, your blended index will change in step with your changeto your client target allocation.Blended Index 2 - 8 - are optional indices selected by you which may consist of a blend of indexes. For advisoryaccounts, these indices are for informational purposes only. Depending on the selection, the benchmark selectedmay not be an appropriate basis for comparison of your portfolio based on its holdings.For alternative investments and strategies that are highly customized, such as Concentrated Equity Solutions(CES), benchmarks are broad market indices included for general reference and are not intended to showcomparative market performance or potential portfolios with risk or return profiles similar to your account.Benchmark indices are shown for illustrative purposes only.Custom Time Periods: If represented on this report, the performance start date and the performance end datehave been selected by your Financial Advisor in order to provide performance and account activity informationfor your account for the specified period of time only. As a result, only a portion of your account's activity andperformance information is presented in the performance report, and, therefore, presents a distortedrepresentation of your account's activity and performance.Net Deposits/Withdrawals: When shown on a report, this information represents the net value of all cash andsecurities contributions and withdrawals, program fees (including wrap fees) and other fees added to orsubtracted from your accounts from the first day to the last day of the period including assets transferred to orfrom other UBS accounts. When fees are shown separately, net deposits / withdrawals does not include programfees (including wrap fees). When investment return is displayed net deposits / withdrawals does not includeprogram fees (including wrap fees). For security contributions and withdrawals, securities are calculated usingthe end of day UBS FS price on the day securities are delivered in or out of the accounts. Wrap fees will beincluded in this calculation except when paid via an invoice or through a separate accounts billing arrangement.When shown on Client summary and/or Portfolio review report, program fees (including wrap fees) may not beincluded in net deposits/withdrawals. PACE Program fees paid from sources other than your PACE account aretreated as a contribution. A PACE Program Fee rebate that is not reinvested is treated as a withdrawal.Net Deposits/Withdrawals (external): When shown on a report, this information represents the net value of all cash and securities contributions and withdrawals, program fees (including wrap fees) and other fees addedto or subtracted from your accounts from the first day to the last day of the period, excluding assets transferredto or from other UBS accounts after 12/31/2010. When fees are shown separately, net deposits / withdrawalsdoes not include program fees (including wrap fees). When investment return is displayed net deposits /withdrawals does not include program fees (including wrap fees). For security contributions and withdrawals,securities are calculated using the end of day UBS FS price on the day securities are delivered in or out of theaccounts. Wrap fees will be included in this calculation except when paid via an invoice or through a separateaccounts billing arrangement. When shown on Client summary and/or Portfolio review report, program fees(including wrap fees) may not be included in net deposits/withdrawals. PACE Program fees paid from sourcesother than your PACE account are treated as a contribution. A PACE Program Fee rebate that is not reinvested istreated as a withdrawal.Deposits: When shown on a report, this information represents the net value of all cash and securitiescontributions added to your accounts from the first day to the last day of the period, including assets transferredfrom other UBS accounts. On Client Summary Report and/or Portfolio Review Report, this may exclude theOpening balance. For security contributions, securities are calculated using the end of day UBS FS price on theday securities are delivered in or out of the accounts.Deposits (external): When shown on a report, this information represents the net value of all cash andsecurities contributions added to your accounts from the first day to the last day of the period, excluding assetstransferred from other UBS accounts after 12/31/2010. On Client Summary Report and/or Portfolio ReviewReport, this may exclude the Opening balance. For security contributions, securities are calculated using the endof day UBS FS price on the day securities are delivered in or out of the accounts.Withdrawals: When shown on a report, this information represents the net value of all cash and securitieswithdrawals subtracted from your accounts from the first day to the last day of the period, including assettransferred to other UBS accounts. On Client summary and/or portfolio review report Withdrawals may notinclude program fees (including wrap fees). For security withdrawals, securities are calculated using the end ofday UBS FS price on the day securities are delivered in or out of the accounts.Withdrawals (external): When shown on a report, this information represents the net value of all cash andsecurities withdrawals subtracted from your accounts from the first day to the last day of the period, excludingassets transferred to other UBS accounts after 12/31/2010. On Client summary and/or portfolio review reportWithdrawals may not include program fees (including wrap fees). For security withdrawals, securities arecalculated using the end of day UBS FS price on the day securities are delivered in or out of the accounts.Net Transfers (Internal): When shown on a report, this information represents the net value of all cash andsecurities transferred between your UBS accounts from the first day to the last day of the period.Transfers In (Internal): When shown on a report, this information represents the net value of all cash andsecurities transferred to your UBS accounts from the first day to the last day of the period.Transfers Out (Internal): When shown on a report, this information represents the net value of all cash andsecurities transferred from your UBS accounts from the first day to the last day of the period.Dividends/Interest: Dividend and interest earned, when shown on a report, does not include income onsecurities that have been lent out & does not reflect your account's tax status or reporting requirements. Useonly official tax reporting documents (i.e. 1099) for tax reporting purposes. The classification of private Report created on: January 05, 2026 Page 32 of 37
Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) investment distributions can only be determined by referring to the official year-end tax-reporting documentprovided by the issuer.Change in Accrued Interest: When shown on a report, this information represents the difference between theaccrued interest at the beginning of the period from the accrued interest at the end of the period.Change in Value: Represents the change in value of the portfolio during the reporting period, excludingadditions/withdrawals, dividend and interest income earned and accrued interest. Change in Value may includeprograms fees (including wrap fees) and other fees.Fees: Fees represented in this report include program and wrap fees. Program and wrap fees prior to October 1,2010 for accounts that are billed separately via invoice through a separate account billing arrangement are notincluded in this report.Performance Start Date Changes: The Performance Start Date for accounts marked with a '^' have changed.Performance figures of an account with a changed Performance Start Date may not include the entire history ofthe account. The new Performance Start Date will generate performance returns and activity information for ashorter period than is available at UBS FS. As a result, the overall performance of these accounts may generatebetter performance than the period of time that would be included if the report used the inception date of theaccount. UBS FS recommends reviewing performance reports that use the inception date of the account becausereports with longer time frames are usually more helpful when evaluating investment programs and strategies.Performance reports may include accounts with inception dates that precede the new Performance Start Dateand will show performance and activity information from the earliest available inception date.The change in Performance Start Date may be the result of a performance gap due to a zero-balance thatprevents the calculation of continuous returns from the inception of the account. The Performance Start Datemay also change if an account has failed one of our performance data integrity tests. In such instances, theaccount will be labeled as 'Review Required' and performance prior to that failure will be restricted. Finally, thePerformance Start Date will change if you have explicitly requested a performance restart. Please contact yourFinancial Advisor for additional details regarding your new Performance Start Date.Closed Account Performance: Accounts that have been closed may be included in the consolidatedperformance report. When closed accounts are included in the consolidated report, the performance report willonly include information for the time period the account was active during the consolidated performancereporting time period.Important information on options-based strategies: Options involve risk and are not suitable for everyone.Prior to buying or selling an option investors must read a copy of the Characteristics & Risks of StandardizedOptions, also known as the options disclosure document (ODD). It explains the characteristics and risks ofexchange traded options. The options risk disclosure document can be accessed at the following web address:www.optionsclearing.com/about/publications/character-risks.Concentrated Equity Solutions (CES) managers are not involved in the selection of the underlying stock positions.The Manager will advise only on the options selection in order to pursue the strategy in connection with theunderlying stock position(s) deposited in the account. It is important to keep this in mind when evaluating themanager's performance since the account's performance will include the performance of the underlying equityposition that is not being managed. CES use options to seek to achieve your investment objectives regardingyour concentration stock position. Options strategies change the potential return profile of your stock. In certainscenarios, such as call writing, the call position will limit your ability to participate in any potential increase in the underlying equity position upon which the call was written. Therefore, in some market conditions, particularlyduring periods of significant appreciation of the underlying equity position(s), the CES account will decrease theperformance that would have been achieved had the stock been held long without implementing the CESstrategy.Portfolio: For purposes of this report "portfolio" is defined as all of the accounts presented on the cover pageor the header of this report and does not necessarily include all of the client's accounts held at UBS FS orelsewhere.Percentage: Portfolio (in the "% Portfolio / Total" column) includes all holdings held in the account(s) selectedwhen this report was generated. Broad asset class (in the "% broad asset class" column) includes all holdingsheld in that broad asset class in the account(s) selected when this report was generated.Tax lots: This report displays security tax lots as either one line item (i.e., lumped tax lots) or as separate tax lotlevel information. If you choose to display security tax lots as one line item, the total cost equals the total valueof all tax lots. The unit cost is an average of the total cost divided by the total number of shares. If the shareswere purchased in different lots, the unit price listed does not represent the actual cost paid for each lot. Theunrealized gain/loss value is calculated by combining the total value of all tax lots plus or minus the total marketvalue of the security.If you choose to display tax lot level information as separate line items on the Portfolio Holdings report, the taxlot information may include information from sources other than UBS FS. The Firm does not independently verifyor guarantee the accuracy or validity of any information provided by sources other than UBS FS. As a result thisinformation may not be accurate and is provided for informational purposes only. Clients should not rely on thisinformation in making purchase or sell decisions, for tax purposes or otherwise. See your monthly statement foradditional information.Pricing: All securities are priced using the closing price reported on the last business day preceding the date ofthis report. Every reasonable attempt has been made to accurately price securities; however, we make nowarranty with respect to any security's price. Please refer to the back of the first page of your UBS FS accountstatement for important information regarding the pricing used for certain types of securities, the sources ofpricing data and other qualifications concerning the pricing of securities. To determine the value of securities inyour account, we generally rely on third party quotation services. If a price is unavailable or believed to beunreliable, we may determine the price in good faith and may use other sources such as the last recordedtransaction. When securities are held at another custodian or if you hold illiquid or restricted securities for whichthere is no published price, we will generally rely on the value provided by the custodian or issuer of thatsecurity.Cash: Cash on deposit at UBS Bank USA is protected by the Federal Deposit Insurance Corporation (FDIC) up to$250,000 in principal and accrued interest per depositor for each ownership type. Deposits made in anindividual's own name, joint name, or individual retirement account are each held in a separate type ofownership. Such deposits are not guaranteed by UBS FS. More information is available upon request.Margin: The quantity value may indicate that all or part of this position is held on margin or held in the shortaccount. When an account holds a debit balance, this debit balance is incorporated into the account's totalmarket value and deducted from the total value. When calculating the percent of portfolio on each security, thepercentage will be impacted by the total market value of the account. Therefore, if the account's market value isreduced by a debit value of a holding the percent of portfolio will be greater and if the account's market value is Report created on: January 05, 2026 Page 33 of 37
Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) increased by a holding then the percent of portfolio will be less.Asset Allocation: Your allocation analysis is based on your current portfolio. The Asset Allocation portion ofthis report shows the mix of various investment classes in your account. An asset allocation that shows asignificantly higher percentage of equity investments may be more appropriate for an investor with a moreaggressive investment strategy and higher tolerance for risk. Similarly, the asset allocation of a more conservativeinvestor may show a higher percentage of fixed income investments.Separately Managed Accounts and Pooled Investment Vehicles (such as mutual funds, closed end fundsand exchanged traded funds): The asset classification displayed is based on firm's proprietary methodology forclassifying assets. Please note that the asset classification assigned to rolled up strategies may include individualinvestments that provide exposure to other asset classes. For example, an International Developed Marketsstrategy may include exposure to Emerging Markets, and a US Large Cap strategy may include exposure to MidCap and Small Cap, etc.Mutual Fund Asset Allocation: If the option to unbundle balanced mutual funds is selected and if a fund'sholdings data is available, mutual funds will be classified by the asset class, subclass, and style breakdown oftheir underlying holdings. Where a mutual fund or ETF contains equity holdings from multiple equity sectors, thisreport will proportionately allocate the underlying holdings of the fund to those sectors measured as apercentage of the total fund's asset value as of the date shown.This information is supplied by Morningstar, Inc. on a daily basis to UBS FS based on data supplied by the fundwhich may not be current. Mutual funds change their portfolio holdings on a regular (often daily) basis.Accordingly, any analysis that includes mutual funds may not accurately reflect the current composition of thesefunds. If a fund's underlying holding data is not available, it will be classified based on its corresponding overallMorningstar classification. All data is as of the date indicated in the report.All pooled investment vehicles (such as mutual funds, closed end mutual funds, and exchange traded funds)incorporate internal management and operation expenses, which are reflected in the performance returns.Please see relevant fund prospectus for more information. Please note, performance for mutual funds is inclusiveof multiple share classes.Ineligible Assets: We require that you hold and purchase only eligible managed assets in your advisoryaccounts. Please contact your Financial Advisor for a list of the eligible assets in your program. These reports mayprovide performance information for eligible and ineligible assets in a fee-based program. Since ineligible assetsare not considered fee-based program assets, the inclusion of such securities will distort the actual performanceof your advisory assets. As a result, the performance reflected in this report can vary substantially from theindividual account performance reflected in the performance reports provided to you as part of those programs.For fee-based programs, fees are charged on the market value of eligible assets in the accounts and assessedquarterly in advance, prorated according to the number of calendar days in the billing period. Neither UBS noryour Financial Advisor will act as your investment adviser with respect to Ineligible Assets.Variable Annuity Asset Allocation: If the option to unbundle a variable annuity is selected and if a variableannuity's holdings data is available, variable annuities will be classified by the asset class, subclass, and stylebreakdown for their underlying holdings. Where a variable annuity contains equity holdings from multiple equitysectors, this report will proportionately allocate the underlying holdings of the variable annuity to those sectorsmeasured as a percentage of the total variable annuity's asset value as of the date shown.

This information is supplied by Morningstar, Inc. on a weekly basis to UBS FS based on data supplied by thevariable annuity which may not be current. Portfolio holdings of variable annuities change on a regular (oftendaily) basis. Accordingly, any analysis that includes variable annuities may not accurately reflect the currentcomposition of these variable annuities. If a variable annuity's underlying holding data is not available, it willremain classified as an annuity. All data is as of the date indicated in the report.Equity Style: The Growth, Value and Core labels are determined by Morningstar. If an Equity Style isunclassified, it is due to non-availability of data required by Morningstar to assign it a particular style.Equity Capitalization: Market Capitalization is determined by Morningstar. Equity securities are classified asLarge Cap, Mid Cap or Small Cap by Morningstar. Unclassified securities are those for which no capitalization isavailable on Morningstar.Equity Sectors: The Equity sector analysis may include a variety of accounts, each with different investment andrisk parameters. As a result, the overweighting or underweighting in a particular sector or asset class should notbe viewed as an isolated factor in making investment/liquidation decisions; but should be assessed on anaccount by account basis to determine the overall impact on the account's portfolio.Classified Equity: Classified equities are defined as those equities for which the firm can confirm the specificindustry and sector of the underlying equity instrument.Estimated Annual Income: The Estimated Annual Income is for informational purposes only and is calculatedby the annualized per share dividends/interest paid, multiplied by the quantity of the shares held in the selectedaccount(s). For Expected Cash Flow and Portfolio Holdings reports prior to June 23, 2023, savings products &sweep funds do not display such calculations and instead, values are displayed as N/A. For all other reports,Estimated Annual Income for savings products & sweep funds is not calculated or factored into aggregatecalculations and will be displayed as 0.Current Yield: Current Yield is estimated for informational purposes only and may not reflect changes in price.It's calculated by dividing the total estimated annual income by the current market value displayed. Current yieldcalculations display the current yield of the investment solely as of the date of this report. For Portfolio Holdingsreport generated prior to June 23, 2023, savings products & sweep funds do not include such information andinstead, values are displayed as N/A. For all other reports, Current Yield for savings products & sweep funds isnot calculated or factored into aggregate calculations and will be displayed as 0.YTM (at Market): Yield to Maturity (at Market) is the expected return of an interest-bearing security from thereport date, assuming that it is held to maturity with all coupon payments paid. For displays at the tax lot level,the Yield to Maturity is calculated based on the cost basis of that specific tax lot. For position level displays(consisting of multiple tax lots), Yield to Maturity is derived by using the weighted average cost basis of all theunderlying tax lots.YTW (at Market): Yield to Worst (at Market) is the expected return of an interest-bearing security from thereport date, assuming that it is held to the next call date or until maturity (if no next call date) with all couponpayments paid. For displays at the tax lot level, the Yield to Worst is calculated based on the cost basis of thatspecific tax lot. For position level displays (consisting of multiple tax lots), Yield to Worst is derived by using theweighted average cost basis of all the underlying tax lots.Bond Rating: These ratings are obtained from independent industry sources and are not verified by UBS FS.

Report created on: January 05, 2026 Page 34 of 37
Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) Securities without rating information are left blank. Rating agencies may discontinue ratings on high yieldsecurities.NR: When NR is displayed under bond rating column, no ratings are currently available from that rating agency.High Yield: This report may designate a security as a high yield fixed income security even though one or morerating agencies rate the security as an investment grade security. Further, this report may incorporate a ratingthat is no longer current with the rating agency. For more information about the rating for any high yield fixedincome security, or to consider whether to hold or sell a high yield fixed income security, please contact yourfinancial advisor or representative and do not make any investment decision based on this report.Credit/Event Risk: Investments are subject to event risk and changes in credit quality of the issuer. Issuers canexperience economic situations that may have adverse effects on the market value of their securities.Interest Rate Risk: Bonds are subject to market value fluctuations as interest rates rise and fall. If sold prior tomaturity, the price received for an issue may be less than the original purchase price.Reinvestment Risk: Since most corporate issues pay interest semiannually, the coupon payments over the lifeof the bond can have a major impact on the bond's total return.Call Provisions: When evaluating the purchase of a corporate bond, one should be aware of any features thatmay allow the issuer to call the security. This is particularly important when considering an issue that is trading ata premium to its call price, since the return may be negatively impacted if the issue is redeemed. Should an issuebe called, investors may be faced with an earlier than anticipated reinvestment decision, and may be unable toreinvest their principal at equally favorable rates.Effective Maturity: Effective maturity is the expected redemption due to pre-refunding, puts, or maturity anddoes not reflect any sinking fund activity, optional or extraordinary calls. Securities without a maturity date areleft blank and typically include Preferred Securities, Mutual Funds and Fixed Income UITs.Yields: Yield to Maturity and Yield to Worst are calculated to the worst call.Accrued Interest: Interest that has accumulated between the most recent payment and the report date may bereflected in market values for interest bearing securities.Bond Averages: All averages are weighted averages calculated based on market value of the holding, notincluding accrued interest.Tax Status: "Taxable" includes all securities held in a taxable account that are subject to federal and/or state orlocal taxation. "Tax-exempt" includes all securities held in a taxable account that are exempt from federal, stateand local taxation. "Tax-deferred" includes all securities held in a tax-deferred account, regardless of the statusof the security.Bond sensitivity analysis: This analysis uses Modified Duration which approximates the percentage pricechange of a security for a given change in yield. The higher the modified duration of a security, the higher itsrisk. For callable securities, modified duration does not address the impact of changing interest rates on a bond'sexpected cash flow as a result of a call or prepayment.

Amortization and Accretion: Prior to March 2008, amortization was calculated using the straight line methodfor tax exempt securities and was not calculated for taxable securities. Post March 2008, amortization iscalculated using the constant yield method. Prior to October 2008, accretion due to original issue discount wasnot calculated. Post October 2008, accretion due to original issue discount is calculated using the constant yieldmethod. Prior to January 2015, accretion due to market discount was calculated using the straight line method.Post January 2015, accretion due to market discount is calculated using the constant yield method. We assumethe securities are held to par and premiums are calculated to call date. Amortization and accretion values may beincorrect due to adjustments related to cost basis. You may hold additional fixed income securities that may notappear on this report. Please refer to your account statements for information regarding all of your holdings.Gain/Loss: The gain/loss information may include calculations based upon non-UBS FS cost basis information.The firm does not independently verify or guarantee the accuracy or validity of any information provided bysources other than UBS FS. In addition, for Schedule K-1 reported investments, such as alternative investmentfunds, please refer to your annual K-1 and 1099 tax forms. If this report contains positions with unavailable costbasis, the gain/(loss) for these positions are excluded in the calculation for the Gain/(Loss). As a result thesefigures may not be accurate and are provided for informational purposes only. Clients should not rely on thisinformation in making purchase or sell decisions, for tax purposes or otherwise. Rely only on year-end tax formswhen preparing your tax return. See your monthly statement for additional information.Estimated Value (Continuous Funds): Estimated Value is based on the latest valuation received from the fundcompany and includes post valuation reinvested dividends. This is not a Market Value.Estimated Value (Drawdown Funds): Estimated Value is based on the latest valuation received from the fundcompany and includes post valuation contributions less post valuation distributions. This is not a Market Value.Accounts Included in this Report: The account listing may or may not include all of your accounts with UBSFS. The accounts included in this report are listed under the "Accounts included in this review" shown on thefirst page or listed at the top of each page. If the account is a donor advised fund account, the assets in thoseaccounts are owned by the Sponsoring Charitable Organization, and not the donor. You and your financialadvisor have procured the appropriate authorization to view the assets in the donor advised fund account. If anaccount number begins with "@" this denotes assets or liabilities held at other financial institutions. Informationabout these assets, including valuation, account type and cost basis, is based on the information you provided tous, or provided to us by third party data aggregators or custodians at your direction. We have not verified, andare not responsible for, the accuracy or completeness of this information.Account name(s) displayed in this report and labels used for groupings of accounts can be customizable"nicknames" chosen by you to assist you with your recordkeeping or may have been included by your financialadvisor for reference purposes only. The names used have no legal effect, are not intended to reflect anystrategy, product, recommendation, investment objective or risk profile associated with your accounts or anygroup of accounts, and are not a promise or guarantee that wealth, or any financial results, can or will beachieved. All investments involve the risk of loss, including the risk of loss of the entire investment.For more information about account or group names, or to make changes, contact your Financial Advisor.Account changes: At UBS, we are committed to helping you work toward your financial goals. So that we maycontinue providing you with financial advice that is consistent with your investment objectives, please considerthe following two questions:

Report created on: January 05, 2026 Page 35 of 37
Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) 1) Have there been any changes to your financial situation or investment objectives?2) Would you like to implement or modify any restrictions regarding the management of your account?If the answer to either question is "yes," it is important that you contact your Financial Advisor as soon aspossible to discuss these changes. For MAC advisory accounts, please contact your investment manager directlyif you would like to impose or change any investment restrictions on your account.ADV disclosure: A complimentary copy of our current Form ADV Disclosure Brochure that describes theadvisory program and related fees is available through your Financial Advisor. Please contact your FinancialAdvisor if you have any questions.Important information for former Piper Jaffray and McDonald Investments clients: As anaccommodation to former Piper Jaffray and McDonald Investments clients, these reports include performancehistory for their Piper Jaffray accounts prior to August 12, 2006 and McDonald Investments accounts prior toFebruary 9, 2007, the date the respective accounts were converted to UBS FS. UBS FS has not independentlyverified this information nor do we make any representations or warranties as to the accuracy or completenessof that information and will not be liable to you if any such information is unavailable, delayed or inaccurate.For insurance, annuities, and 529 Plans, UBS FS relies on information obtained from third party services itbelieves to be reliable. UBS FS does not independently verify or guarantee the accuracy or validity of anyinformation provided by third parties. Information for insurance, annuities, and 529 Plans that has been providedby a third party service may not reflect the quantity and market value as of the previous business day. Whenavailable, an "as of" date is included in the description.Investors outside the U.S. are subject to securities and tax regulations within their applicable jurisdiction that arenot addressed in this report. Nothing in this report shall be construed to be a solicitation to buy or offer to sellany security, product or service to any non-U.S. investor, nor shall any such security, product or service besolicited, offered or sold in any jurisdiction where such activity would be contrary to the securities laws or otherlocal laws and regulations or would subject UBS to any registration requirement within such jurisdiction.Performance History prior to the account's inception at UBS Financial Services, Inc. may have been included inthis report and is based on data provided by third party sources. UBS Financial Services Inc. has notindependently verified this information nor does UBS Financial Services Inc. guarantee the accuracy or validity ofthe information.Important information about brokerage and advisory services. As a firm providing wealth managementservices to clients, UBS Financial Services Inc. offers investment advisory services in its capacity as an SECregistered investment adviser and brokerage services in its capacity as an SEC-registered broker-dealer.Investment advisory services and brokerage services are separate and distinct, differ in material ways and aregoverned by different laws and separate arrangements. It is important that clients understand the ways in whichwe conduct business, that they carefully read the agreements and disclosures that we provide to them about theproducts or services we offer. For more information, please review client relationship summary provided at ubs.com/relationshipsummary. UBS Financial Services account protectionThe Firm is a member of the Securities Investor Protection Corporation (SIPC), which protects securitiescustomers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochureavailable upon request or at www.sipc.org. The SIPC asset protection limits apply to all accounts that you hold ina particular capacity.

The Firm, together with certain affiliates, has also purchased supplemental insurance. The maximum amountpayable to all eligible clients, collectively under this protection is $500 million as of December 10, 2019. Subjectto the policy conditions and limitations, cash at the Firm is further protected for up to $1.9 million in theaggregate for all your accounts held in a particular capacity. A full copy of the policy wording is available uponrequest.Neither the SIPC protection nor the supplemental protection apply to:
• Certain financial assets controlled by (and included in your account value) but held away from UBS Financial Services. For example certain (i) insurance products, including variable annuities,and (ii) shares of mutual funds registered in the name of the account holder on the books ofthe issuer or transfer agent); • Investment contracts or investment interests (e.g., limited partnerships and private placements) that are not registered under the Securities Act of 1933; • Commodities contracts (e.g., foreign exchange and precious metal contracts), including futures contracts and commodity option contracts;
• Securities on loan to UBS Financial Services; and• Deposit accounts (except certificates of deposit) at UBS Bank USA, UBS AG U.S. branches and banks in the FDIC Insured Deposit Program.

The SIPC protection and the supplemental protection do not apply to these assets even if they otherwise appearon your statements. The SIPC protection and the supplemental protection do not protect against changes in themarket value of your investments (whether as a result of market movement, issuer bankruptcy or otherwise).Non-UBS Assets and Liabilities: This report is not intended to provide you with consolidated information orreporting regarding your holdings at other firms. However, at your request, this report may include informationregarding assets that you hold at other financial institutions so that you may review your asset allocation and/orinvestment strategy in the context of your overall holdings. You should review and maintain the originaldocuments for these assets, such as the statements for individual accounts held away from UBS. Thosedocuments may contain notices, disclosures and other information important to you, and may also serve as areference should questions arise regarding the accuracy of that information as presented in this report.The information presented for accounts held at other financial institutions has been provided to UBS at yourdirection through your agreement with an Outside Asset Data Aggregation Service. These accounts have beenadded to this report at your request and are automatically updated to reflect the most recent data received fromthe custodian. Information may have also been provided based on documents and valuation you provided toyour Financial Advisor. These accounts have been added to this report at your request and may not reflect thecurrent valuation.If an account number begins with "@" this denotes assets or liabilities held at other financial institutions.Information about these assets, including valuation, account type and cost basis, is based on the information youprovided to us, or provided to us by third party data aggregators or custodians at your direction. We have notverified, and are not responsible for, the accuracy or completeness of this information.If the information you or your custodians provided to us is not current, inclusion of these assets will impact theaccuracy of the current asset allocation and other analysis presented. We do not provide purchase, sale or hold Report created on: January 05, 2026 Page 36 of 37
Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) recommendations or advice with respect to your assets at other firms and do not assume responsibility foractivity you conduct at other financial institutions.UBS’s SIPC coverage applies to assets held at UBS. If you maintain assets at other firms that may be SIPCmembers, you should contact their financial representative or the other entity or refer to the other entitysstatement regarding SIPC membership. Your UBS Financial Services Inc. account statements are the only officialrecord of your UBS holdings and account and are not replaced, amended or superseded by any of theinformation presented in this report.Assets that you hold at other financial institutions are priced using the closing price reported on the last businessday preceding the date of this report. Every reasonable attempt has been made to accurately price securities;however, we make no warranty with respect to any security’s price. To determine the value of securities in youraccount, we generally rely on third party quotation services. If a price is unavailable or believed to be unreliable,we may determine the price in good faith and may use other sources such as the last recorded transaction.When securities are held at another custodian or if you hold illiquid or restricted securities for which there is nopublished price, we will generally rely on the value provided by the custodian or issuer of that security.The value of assets held at other financial institutions is based on the "Last Refresh Date" displayed. Up todate valuation and information can be obtained directly from the custodian of your assets. The accountstatements you receive from your third party custodian regarding the assets you hold with them are the officialrecord of your holdings and accounts and are not impacted or superseded by the information in this report.Account balances and security pricing will always display in U.S. Dollars even if assets in your Outside Accountsare denominated in other currencies. UBS will convert any values received in the Outside Account Information toU.S. Dollars using foreign exchange rates from UBS as of the previous business.Report created on: January 05, 2026 Page 37 of 37

STAFF REPORT
TO: Mayor and Council Members DATE: January 27, 2026
FROM: Community Development DISTRICT(S): Citywide
SUBJECT: Glendora Housing Authority Annual Report for Fiscal Year 2023-2024

RECOMMENDATION
That the City Council:

1. Receive and file the annual report; and

2. Direct staff to forward report to the California Department of Housing and Community Development.

STRATEGIC FOCUS AREAS
Not applicable.

EXECUTIVE SUMMARY
The information contained in this report includes Housing Authority activities conducted during the Fiscal Year 2023 – 2024 reporting period. The report meets the requirements pursuant to Section 34328 of the Health and Safety Code which requires that the Housing Authority prepare and submit an annual report to the California Department of Housing and Community Development (HCD) each year. The annual report is included as Attachment A.

LEGISLATIVE HISTORY / PREVIOUS ACTIONS
In 2011, the State of California took steps to eliminate all redevelopment agencies within the State. Pursuant to these actions, the Glendora Redevelopment Agency was dissolved effective February 1, 2012. To retain and administer the former agency’s low and moderate-income housing assets, the dissolution act allowed the City of Glendora to form a Housing Authority to retain and administer the Redevelopment Agency’s affordable housing assets. Consequently, the City adopted Resolution No. 2012-04 on January 10, 2012, declaring the need and creating the Housing Authority of the City of Glendora (the “Housing Authority”).

Pursuant to Section 34176, added by ABx1 26 and amended by AB 1484, the State Department of Finance issued a letter in August 2012 confirming that the Housing Authority holds all affordable assets listed in the housing asset transfer schedule submitted to the Department of Finance in July 2012.

DISCUSSION
Pursuant to Section 34328 of the Health and Safety Code, housing authorities are required to prepare an annual report to the California Department of Housing and Community Development (HCD) each year. The information contained in this report includes a discussion of Housing Authority activities during the Fiscal Year 2023 - 2024 reporting period. Additionally, SB 341 requires successors to redevelopment agency housing assets to prepare an annual report for each fiscal year of the housing successor.

Annual expenditures of the Housing Authority are primarily for the administration of Housing Authority activity.

Activities include annual monitoring of affordable units at the Heritage Oaks Apartments (1000 S. Glendora Avenue) and Elwood Apartments (635 S. Elwood) and administering a portfolio of loans made to low-income households for home improvements. The Housing Authority is not currently providing new home improvement loans. Housing efforts remain focused on preservation, oversight, and predevelopment of existing and planned affordable housing assets. This includes coordination with Mercy Housing on the 1762 Dale Road site, which is currently in the predevelopment phase.

In addition, the Housing Authority is responsible for monitoring the City’s excess surplus, another component of the annual housing report. Excess surplus is defined as an unencumbered amount in the fund that exceeds the greater of one million dollars ($1,000,000) or the aggregate amount deposited into the account during the housing successor's preceding four fiscal years, whichever is greater. As previously reported, an excess surplus of $596,592 was identified and required to be spent or encumbered by July 1, 2023. In Fiscal Year 2022-2023, the Housing Authority encumbered $1.3 million through the acquisition and development planning of the 2.17 acre site at Dale Road. The purchase of the site eliminated the excess surplus that was previously accrued. The Housing Authority remains in compliance with State requirements.

The attached report, prepared by Keyser Marston Associates, Inc. for the Housing Authority, is intended to satisfy annual and fiscal year reporting requirements under Section 34328 and 34176.1. The report covers Fiscal Year 2023-2024. Once the Housing Authority accepts the report, staff will submit the combined report to HCD.

FISCAL IMPACT
The cost to prepare this report for the Housing Authority with assistance from Keyser Marston Associates, Inc. is not to exceed $6,000. Sufficient appropriations are available in the Housing Authority Fund 229 in the Community Development Department Housing Authority Division contract services account.

ENVIRONMENTAL DETERMINATION
This activity is not a “project” as defined by Section 21065 of the Public Resources Code or Sections 15060(c)(2), 15060(c)(3), and 15378 of the CEQA Guidelines.

Prepared By: Shantelle Coria , Management Analyst
Concurs With: Not Applicable
Reviewed By: Jeff Kugel, Community Development Director Certified to Availability of Funds: Kyle Johnson, Finance Director/City Treasurer Approved By: Adam Raymond, City Manager
Legal Review: Not Applicable
CEQA Review: Not Applicable
Attachments
A_Annual_Report_FY_23-24.pdf

Glendora Housing Authority as
Housing Successor to the Glendora
Community Redevelopment Agency

Annual Report
Fiscal Year
2023-24

November 2025

Prepared for:

Glendora Housing Authority

Prepared by:

Keyser Marston Associates, Inc.

13150.007.001
Annual Report
Glendora Housing Authority
Introduction
This document represents the annual report of the Glendora Housing Authority (“Authority”), acting as housing successor to the former Glendora Redevelopment Agency (“Former Agency”), as required pursuant to Section 34328 of the Health and Safety Code. Additional reporting requirements for housing successors were added by SB 341, which amended Section 34176 and added Section 34176.1 to the Health and Safety Code. Changes to the reporting requirements in Section 34176.1 were included in SB 107, which was enacted in September 2015 and became effective immediately. This annual report includes the reporting requirements of both Sections of the Health and Safety Code (34328 and 34176.1).

Section 34328 requires housing authorities to generally report on their activities for the preceding year.

Section 34176.1 requires housing successors to cause the preparation of annual audited financial statements and report on specific additional activities of the housing successor.

Redevelopment Dissolution Act
In December 2011, the California Supreme Court issued its opinion in the case of California Redevelopment Association, et al., v. Matosantos, et al. The Court upheld the right of the state to dissolve redevelopment agencies pursuant to Part 1.85 (commencing with Section 34170) of Division 234 of the California Health and Safety Code, enacted by AB x1 26, and as amended on June 27, 2012 by AB 1484 (the “Dissolution Act”), Based on modified timelines approved by the Court, all redevelopment agencies, including the Former Agency, were dissolved effective February 1, 2012. The City of Glendora elected to function as the successor to the Former Agency (“Successor Agency”) and to form a Housing Authority to serve as the governing body for the Former Agency’s low and moderate income housing assets. Under the Dissolution Act, successor agencies are charged with winding down the affairs of former redevelopment agencies and paying their obligations. Housing successor entities are different legal entities and have different duties under the Dissolution Act. Housing successors received the non-cash housing assets1 of former redevelopment agencies and are charged with monitoring and maintaining existing low- and moderate income housing assets and meeting outstanding requirements for former redevelopment agencies.

Under the Dissolution Act, housing successors have no ongoing revenue source except for program income (revenue generated by non-cash housing assets) and 20% of loan repayments, if any, made by successor agencies to cities as repayment of loans the cities made to the former redevelopment agencies under the special repayment provisions of the Health and Safety Code (Section 34191.4). In the City of Glendora, loan repayments from the Successor Agency to the City pursuant to a loan authorized for repayment under Section 34191.4 are currently being made.
1 In addition to non-cash housing assets, the Authority/City was able to retain any cash that was encumbered for specific housing obligations.

Annual Report
Glendora Housing Authority

Section 34328
Section 34328 requires that housing authorities prepare annual reports that contain information adequate for the City and the Department of Housing and Community Development (“HCD”) to determine that its activities meet the requirements of the laws governing housing authorities’ powers, specifically Section 34312.

Section 34312.3 allows housing authorities to:

1. Issue bonds,

2. Make or undertake construction or mortgage loans,

3. Purchase construction or mortgage loans,

4. Develop, rehabilitate, or finance housing projects,

5. Purchase, sell, lease, own, operate or manage housing projects, and

6. Convey surplus land it acquires from another public agency to a private entity for the development of single-family homes.

Section 34328 does not contain specifics as to what is to be included in the annual report nor are there other statutes that provide additional guidance or requirements. When contacted in connection with preparing another annual report, HCD provided little additional guidance except to suggest that housing authorities should report on their activities. They further noted that annual reports from housing authorities that have been submitted to HCD are not being analyzed or summarized because of a lack of resources at HCD. In accordance with this guidance and the requirements of Section 34328, the activities of the Authority are summarized below and quantified in the attached tables.

Housing Authority Activities
The Authority’s only ongoing source of revenues are monies received from loans and other assistance provided in previous years by either the Former Agency or the Authority, most of which do not have regularized payments. The Authority’s program revenues seem to be averaging about $150,000 per year if certain one-time revenues are excluded.2
Without consistent reliable funding, the Authority’s current and future efforts will be mostly focused on preserving and monitoring previously assisted low and moderate income housing units.

The Authority administers, monitors and maintains the following affordable housing projects:
 Heritage Oaks: A senior citizen complex at Glendora Avenue and the I-210 Freeway (Project Area 1).

Heritage Oaks consists of 157 senior rental units, a portion of which are rent restricted to very-low and low income seniors. The Authority leases the Heritage Oaks site to the owner of the complex. The Authority entered into a Settlement Agreement and the Third Amendment to the Disposition and Development Agreement with the owners of Heritage Oaks. As the result of that process, the number 2 The Authority received one-time revenue of $575,739 as a result of selling its only land holding in 2014-15 and $1,015,230 was received in 2016-17 as additional rent because the Heritage Oaks property was refinanced. Per the terms of the Leasehold Agreement with the owner of Heritage Oaks, the Authority is due 20% of any proceeds realized from a refinance.

Annual Report
Glendora Housing Authority

13150.007.001
of affordable units has increased from 47 to 52. The affordability requirements will be in effect until at least 2065.
 Elwood Apartments: An 87 unit family apartment complex at Elwood Avenue and Route 66. All 87 units are rent restricted to low income households. The affordability requirements will be in effect until at least 2065.
 Habitat for Humanity: In 2008, the Former Agency acquired a vacant single family lot at 252 S. San Jose Avenue. The Former Agency subsequently entered into an affordable housing agreement with Habitat for Humanity for the construction of a new single family home. Pursuant to this agreement, the Former Agency contributed the land in exchange for a 45 year affordability covenant. During the 45 year period, the house may only be sold and occupied by a low income household. The house was completed and occupied in 2011.
 Affordable Housing Loans: The Authority administers home improvement and other affordable housing loans that were made by the Former Agency. These are loans that were made to assist eligible households’ purchase affordable housing and/or improve their existing homes.

Reporting Requirements from SB 341 / SB 107
SB 341 was enacted in 2013 and imposed different housing requirements on entities acting as housing successors to former redevelopment agencies, which requirements became effective starting January 1, 2014. Specifically, SB 341 amended Section 34176 and added Section 34176.1 to the Health and Safety Code. It applies to unencumbered funds held by housing successors and provides that these funds must be used as was previously required for monies in former redevelopment agencies’ low and moderate income housing funds. In addition, SB 341 restricts expenditures from the housing funds to assist moderate income households and provides new targets on the income levels housing successors must spend their funds to assist. The statutes were amended in 2015 by SB 107, which provided for some changes to the law, including allowing more money for administrative costs (5% of assets), and added more reporting requirements.

Specific Reporting per Section 34176.1
The current Section 34176.1 reporting requirements include 13 separate items on which the Authority must report. Many of the requirements involve simply reporting a number or numbers included in the Authority’s audited financial statements, which are included in the City’s Annual Comprehensive Financial Report (ACFR). Responses to all 13 items are included in Table 1. Those items which require additional calculation to document are included in Tables 2 through 5. A brief description of each of the 13 requirements as it applies in Glendora is also included below:

Annual Report
Glendora Housing Authority

13150.007.001

1. 34191.4 Loan Repayments: Amount received from the Successor Agency equal to 20% of certain loan repayments between cities and successor agencies that are subject to Section 34191.4. While the Successor Agency provides such payments, they are made based on annual HCD approval.

2. Housing Fund Deposits: Amounts deposited into the Low and Moderate Income Housing Asset Fund (“LMIHAF”). Any amounts deposited for items listed on the ROPS must be distinguished from the other amounts deposited.

3. Housing Fund Balance: Balance in the LMIHAF as of the close of the fiscal year. Any amounts deposited for items listed on the ROPS must be distinguished from the other amounts deposited.

4. Annual Expenditures: A description of expenditures from the LMIHAF during the fiscal year by category.

The expenditures include, but are not limited to, the following:
 Monitoring and preserving the long-term affordability of units subject to affordability restrictions or covenants entered by the Former Agency or Authority and administering the activities of the housing successor. The Authority is allowed to spend up to the greater of $263,1003 or 5% of the value of the Housing Assets Portfolio (defined and calculated in Section 5).  Homeless prevention and rapid rehousing services as follows:
 Up to $250,000 per year for homeless prevention and rapid rehousing services for individuals and families who are homeless or would be homeless but for this assistance.  These funds can be used for the provision of short-term or medium-term rental assistance, contribution toward the construction of local or regional homeless shelters, housing relocation and stabilization services.
 Services provided with these funds can include housing search, mediation, outreach to property owners, credit repair, security or utility deposits, utility payments, rental assistance for a final month at a location, moving cost assistance and case management, or other appropriate activities for homelessness prevention and rapid rehousing of persons who have become homeless.
 Eligible transfers to another housing successor for the sole purpose of the following are allowed if certain conditions are met (detail provided in Section 34176.1(c)(2)):
 Development of transit priority projects,
 Permanent supportive housing,
 Housing for agricultural employees,
 Special needs housing, or
 Regional homeless shelter.
3 This expenditure cap is subject to annual Consumer Price Index (CPI) changes. In FY 2023-24 HCD increased the expenditure cap to $263,100 based on the CPI. Maximum allowable administrative costs equals the greater of $263,100 or 5.0% of the statutory value of real property and loans/grants receivables.

Annual Report
Glendora Housing Authority

13150.007.001
 The development of housing in accordance with income targeting requirements(defined in Section 10).

Annual Report
Glendora Housing Authority

13150.007.001

5. Non-Cash Assets: The statutory value of real property, if any, owned by the Authority, and the value of loans and grants receivable. The Authority has loans and grants receivables but does not own any land held for resale. The Authority does, however, own land subject to long term lease for a previously completed affordable housing project. It should be noted that the ACFR doesn’t include the Authority’s land in the LMIHAF fund but instead shows it in the Capital Assets fund.

6. Description of Transfers: If any transfers have been made to other housing successors in FY 2023-24, or transfers in previous years that are still unencumbered, a description of and status update on any projects for which transferred funds have been or will be expended if the project has not yet been placed in service. The Authority has not transferred funds to other housing successors.

7. ROPS Funding for Housing: A description of any project(s) for which the housing successor receives or holds property tax revenue pursuant to the ROPS and a status update of that project. The Authority does not have any housing projects it is funding through the ROPS process.

8. Duration of Land Held: A status update of the Authority’s compliance with 2014 restrictions on the length of time that land can be held by the Authority without being developed for housing. The Housing Authority sold the only property it held for resale during the 2014-15 fiscal year. As such, this section Is no longer applicable for the Authority. During FY 23/24 the Authority purchased a 2.17 acre site (“Dale Site”) located at 1762 Dale Road for the purpose of constructing an affordable housing or interim housing project. The project is currently in the predevelopment stage.

9. Housing Production and Housing Replacement: A description of any progress that has been made on meeting any of the outstanding replacement housing obligations and/or housing production requirements per Section 33413 of the Health and Safety Code. Replacement housing obligations refer to the requirement that the redevelopment agencies replace any housing units that were destroyed directly or indirectly by the redevelopment agency. Housing production requirements refer to the obligation that redevelopment agencies had to ensure that 15% of all residential units constructed within the boundaries of redevelopment project areas remain affordable to very-low, low and moderate income households for specified periods of time. While these requirements are not really applicable since redevelopment dissolution, SB 107 appears to specify that any outstanding obligations of a redevelopment agency at the time of dissolution (February 1, 2012) under these provisions should be met by the housing successor. The Former Agency had no outstanding housing production or housing replacement obligations when it dissolved in 2012.

10. Expenditure Targeting by Income Level: The information required by 34176.1(a)(3)(B), which involves targeting expenditures of unencumbered funds from the LMIHAF mainly towards households with extremely-low, very-low and low incomes. Further, the statute requires that the Authority report the compliance with these requirements every five years, commencing with 2018-19 for the current five year period.
4 Expenditures made from the LMIHAF for the five-year period commencing in 2018-19 and ending in 2023-24 are reported in Table 2.
4 Compliance with requirements for the previous 5-year period was demonstrated in the report prepared for the 2018-19 fiscal year.

Annual Report
Glendora Housing Authority

13150.007.001

11. Expenditure Targeting by Age: Compliance with limitations on the number of assisted units that are restricted for seniors and assisted individually or jointly by the housing successor, its former redevelopment agency and/or the city within the previous 10 years. Because of the length of time that has elapsed since either the Authority or the Former Agency were active in assisting the development of affordable housing, no senior housing developments fall within the 2014 to 2024 timeframe outlined by the statute. See Table 3.

12. Excess Surplus: Compliance with current regulations restricting the amount of money that a housing successor can accumulate in the LMIHAF. As currently defined, excess surplus is an amount in the LMIHAF that exceeds the greater of $1,000,000 or the total amount deposited to the LMIHAF in the previous four years. Because of annual variations in the amount of one-time revenues the Authority has received, the cumulative amount of revenue deposited in the four prior years varies from year to year. The Authority had an excess surplus as of July 1, 2020 in the amount of $596,592, and was required to spend or encumber these excess funds before July 1, 2023 to avoid transferring the funds to the state. 5
See Table 4. During the 2022-23 Fiscal Year, the Authority encumbered $1.3 million in LMIHAF through a Purchase and Sale Agreement to purchase the 2.17 acre Dale Site for an eligible affordable housing project. Thus, the Authority has eliminated the excess surplus that was previously accrued during the 2019-20 Fiscal Year. As of the 2023-24 Fiscal Year the Authority does not have an excess surplus.

13. Homeownership Unit Inventory: An inventory of deed restricted homeownership units assisted by the Authority or Former Agency, including the number of units lost to the portfolio in the last fiscal year, the reason for that loss, and funds received by the Authority as a result of the loss of any of those units.

Finally, if the Authority has contracted with any outside entity for management of the homeownership units, the entity is to be identified. See Table 5.
5 The Authority can spend the surplus funds directly to assist in the development of eligible affordable housing projects or transfer the money to another entity for the development of transit housing projects.

TABLE 1
ANNUAL REPORT REQUIRED BY SB 341 1
FISCAL YEAR 2023-24

GLENDORA HOUSING AUTHORITY
Description H & S Code Timeframe

1. Amount Received per Special City Loan (34191.4) 34176.1(f)(1) 2023-24 $142,160

2. Amount Deposited into LMIHAF During 34176.1(f)(2) 2023-24 $350,182 2 Amount Received per Special City Loan (34191.4) / ROPS Items $142,160 Other Amounts Deposited 208,022

3. Balance in the LMIHAF as of Fiscal Year End 34176.1(f)(3) 6/30/2024 $5,619,123 3 Bond Proceeds $0
Held for Items Listed on ROPS $0
Other Funds $5,619,123

4. LMIHAF Expenditures by Category 34176.1(f)(4) 2023-24 ROPS Related Monitoring & Administration $0 $65,704 2
Homeless Prevention & Rapid Rehousing $0 $0
Approved Transfers $0 $0
Housing Development $0 $1,344,684
Total LMIHAF Expenditures $0 $1,410,388
Allowable Administrative Costs at 5.0% of Assets 34176.1(a)(1) 6/30/2024 N/A $543,740 4 Max. Annual Transfer, if Eligible 34176.1(c)(2) 2023-24 $1,000,000 Max Annual Housing Prevention & Rapid Rehousing Expenditures 34176.1(a)(2) 2023-24 $250,000

5. Non-Cash Assets - Total 34176.1(f)(5) 6/30/2024 N/A $10,874,792 Statutory Value of Real Property (Land held for Resale) $0 Statutory Value of Real Property (Land held for Ground Lease in ACFR Capital Assets) $6,000,000 3 Loans and Grants Receivable $4,874,792

6. Description of Transfers to Other Housing Successors 34176.1(f)(6) Not Applicable

7. Projects with Funding Included on the ROPS 34176.1(f)(7) 2023-24 N/A None

8. Duration of Property Held 34176.1(f)(8) 6/30/2024 N/A Not Applicable 3 9 Obligations Outstanding per 33413 34176.1(f)(9) 6/30/2024 N/A Housing Production None 5
Housing Replacement None 5
10 Expenditure Targeting Requirements 34176.1(f)(10) 2023-24 N/A See Table 2 11 Rental Housing Units Restricted for Seniors 34176.1(f)(11) 6/30/2024 N/A See Table 3 12 Excess Surplus Calculation/Reporting 34176.1(f)(12) 7/1/2024 N/A See Table 4 13 Homeownership Unit Inventory 34176.1(f)(13) 6/30/2024 N/A See Table 5 1 2
3 4
5 Total
See preceding narrative for more complete description of each entry included on this table.

Revenues and expenses for 2023-24 include rental income, interest, a payment from the Successor Agency, staff salaries/benefits, payment on POB. Note a total of $171,577 in homeownership loans repaid in FY 2023-24 was recorded as revenue and receivable in the year the loans were issued, thus the payment was recorded against the receivable rather than as revenue in FY 23/24.

This expenditure cap is subject to annual Consumer Price Index (CPI) changes. In FY 2023-24 HCD increased the expenditure cap to $263,100 based on the CPI. Maximum allowable administrative costs equals the greater of $263,100 or 5.0% of the statutory value of real property and loans/grants receivables.

The Former Agency had no outstanding housing production or replacement housing requirement when it was dissolved on February 1, 2012. Based on the 2012 Implementation Plan prepared by the Former Agency, there was a 127 housing production surplus and the Agency had not demolished directly or indirectly any units during the 2010 to 2012 period, and have fulfilled all past replacement housing obligations.

Low and Moderate Income Housing Asset Fund (LMIHAF)
Other Reporting Requirements
The Authority does not own any land held for resale. However, the book value for property owned by the Authority and ground leased for an affordable housing project is estimated at $6,000,000 in the Capital Assets account.

Table 1 Page 1
TABLE 2

LMIHAF EXPENDITURE TARGETING REQUIREMENTS BY INCOME GROUP FISCAL YEAR 2023-24

GLENDORA HOUSING AUTHORITY
Annual Expenditures Breakout
Year 1
2019-20
Year 2
2020-21
Year 3
2021-22
Year 4
2022-23
Year 5
2023-241 Total
Monitoring & Administration Expeditures $573,190 $155,950 $265,632 $489,169 $65,704 $1,549,645 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0
Housing Production Expenditures
Extremely-Low Income (30% AMI or Below) $0 $0 $0 $0 $403,405 $403,405 Very-Low / Low Income (31% to 59% AMI) $0 $0 $0 $0 $672,342 $672,342 Lower Income (60% to 80% AMI) $0 $0 $0 $0 $268,937 $268,937 Total Housing Production Expenditures $0 $0 $0 $0 $1,344,684 $1,344,684 Grand Total $573,190 $155,950 $265,632 $489,169 $1,410,388 $2,894,329 Income Targeting Tests Totals
As % of
Totals Status
Extremely-Low Income Expenditures $403,405 30.0% OK
Very-Low / Low Income Expenditures $672,342 50.0%
Lower Income Expenditures $268,937 20.0% OK
Total Housing Production Expenditures $1,344,684 100.0% Homeless Prevention & Rapid Rehousing
Services Expenditures
Approved Transfers
Requirement
At Least 30% of Production
Expenditures for 5 Year Period
At Most 20% of Total Housing
Production Expenditures for 5 Year
Period
1 Final affordability levels for the Dale site are still pending but will be in compliance with income targeting requirements of §34176.1. The Authority is currently working with Mercy Housing to plan and develop the site.

Table 2 Page 2
TABLE 3

SENIOR HOUSING TARGETING REQUIREMENTS
PROJECTS ASSISTED IN THE LAST 10 YEARS (2014 - 2024)

GLENDORA HOUSING AUTHORITY
10-Year Period for Test Required by 34176.1(b) Type Year Built Units
Built 1
Affordable
Units Built 1
10 Year Total
2014 - 2024
Housing Production / Authority and Former RDA
No Age Restrictions 2
N/A N/A N/A 0 0 N/A
Total Families/Non-Age Restricted Units 0 0 0
Age Restrictions
N/A N/A N/A 0 0 N/A
Total Senior Units 0 0 0
Total Assisted Rental Units 0 0 0
Percentage Restricted for Seniors 0.0% 0.0%
Maximum Percentage Allowable: 3 50.0% 50.0%
1 2
3 The Authority is not over its maximum allotment for senior housing.

Excludes units that are occupied by on-site managers or are otherwise not income restricted. "No Age Restrictions" means units which are available to rent to all persons regardless of age.

Table 3 Page 3
TABLE 4
EXCESS SURPLUS CALCULATION 1
PREVIOUS FOUR FISCAL YEARS (2019-20, 2020-21, 2021-22 AND 2022-23)

GLENDORA HOUSING AUTHORITY
Excess Surplus Calculation FY 19/20 FY 20/21 FY 21/22 FY 22/23 FY 23/24 Available LMIHAF Balance Calculation
LMIHAF Balance as of July 1 2 $6,955,793 $7,079,228 $7,076,542 $6,681,334 $5,619,123 (Less) Land, Receivables, Payables, Liabilities & Other Encumbrances (4,713,932) (4,786,945) (4,804,983) (6,127,198) (4,898,777) (Less) Committed LMIHAF Funds 0 0 0 0 (1,300,000)
Available LMIHAF Balance as of 7/1 $2,241,861 $2,292,283 $2,271,559 $554,136 $720,346 Amounts Deposited into the Account in Prior 4 Years
2015-16 $140,983 N/A N/A N/A N/A
2016-17 1,204,956 $1,204,956 N/A N/A N/A
2017-18 3 101,500 101,500 $101,500 N/A N/A
2018-19 197,830 197,830 197,830 $197,830 N/A
2019-20 N/A 593,114 593,114 593,114 $593,114
2020-21 N/A N/A 276,186 276,186 276,186
2021-22 N/A N/A N/A 258,951 258,951
2022-23 N/A N/A N/A N/A 244,823
Housing Production / Authority and Former RDA $1,645,269 $2,097,400 $1,168,630 $1,326,081 $1,373,074 Maximum Unencumbered LMIHAF Balance:4 $1,645,269 $2,097,400 $1,168,630 $1,326,081 $1,373,074 Computed Excess Surplus $596,592 $194,883 $1,102,929 N/A N/A Date by which Excess Surplus must be encumbered: 6/30/2023 6/30/2024 6/30/2025 N/A N/A 1 2
3 4
Computed using the approach employed by the Authority's auditors in Fiscal Year 2017-18.

Includes $67,559 in funds transferred to the Housing Authority from the Successor Agency resulting from the requirements for the repayment of the City/Agency loans under H&SC Section 34191.4.

As a result of the Authority's Excess Surplus during Fiscal Year 19-20, the Authority was required to spend or encumber $596,592 on eligible costs within three years (by FY 2022/23). In FY 2022-23, the Authority encumbered $1.3 million on an eligible affordable housing project, thereby eliminating the excess surplus.

While the Authority does not own any land held for resale, the book value for property owned by the Authority and ground leased for an affordable housing project is estimated at $6,000,000 in the Capital Assets account.

Table 4 Page 4
TABLE 5
HOMEOWNERSHIP INVENTORY REPORTING PER 34176.1(f)(13)
AS OF JUNE 30, 2024

GLENDORA HOUSING AUTHORITY
34716.1(F)(13), subsection FY 2023-24
A. An inventory of homeownership units assisted by the Former Agency: 1 Beginning Balance of Inventory of Homeownership Units Transferred to Authority in 2012 29 Units (Less) Homeownership Units Lost through June 30, 2023 (7 Units) (Less) Homeownership Units Lost During FY 2023-242 (1 Units) Ending Balance of Homeownership Units Inventory as of 6/30/2024 21 Units B.1 Number of units lost after June 30, 2023: 1 Units
B.2 Reasons for the Loss(es): Loan Repayment
C. Any funds returned to the Housing Successor: $171,577 D. Management of Single-Family Housing Units/Loans: AmeriNational 1 2 Loss of one Home Improvement Program (HIP) unit.

Includes 252 S. San Jose Avenue, developed by Habitat for Humanity and 28 first-time homebuyer and rehabilitation loans.

Table 5 Page 5

STAFF REPORT
TO: Mayor and Council Members DATE: January 27, 2026
FROM: Public Works DISTRICT(S): Citywide
SUBJECT: Award an Agreement for Contract Services to Marx Brothers Fire Extinguishers Company, Inc. for Fire Suppression System Maintenance in an amount not to exceed $94,590 during the initial term of the Agreement (RFP No. 9890745)

RECOMMENDATION
That the City Council:

1. Award an Agreement for Contract Services to Marx Brothers Fire Extinguishers Company, Inc. for Fire Suppression Maintenance and Repair services at City of Glendora facilities in the amount of $31,530 annually, not to exceed $94,590 during the initial term of the Agreement;

2. Authorize the City Manager or his designee to approve up to two, one-year extensions to the term of the Agreement, along with adjustments to the Contract Sum that do not exceed the applicable CPI increases for such periods; and

3. Authorize the City Manager or his designee to execute the Agreement including minimal and/or nonsubstantive changes.

STRATEGIC FOCUS AREAS
Not Applicable

EXECUTIVE SUMMARY
The City of Glendora Public Works Department is responsible for the maintenance of fire suppression systems in all City of Glendora facilities. These services include testing, maintenance, and repair of dry and wet fire extinguishers, fire/smoke doors, water based systems including sprinklers and hose systems, clean agent (Halon) systems and kitchen hood (Ansul) systems. Request for Proposals (RFP) No. 9890745 for Fire Suppression Maintenance and Repair Services was issued on October 2, 2025 and proposals were due on October 30, 2025; one proposal was received.

The proposal received from Marx Brothers Fire Extinguishers Company, Inc. was determined to be responsive to the solicitation, and they can perform the services required at a reasonable cost. Therefore, staff recommends the City Council award an agreement to Marx Brothers Fire Extinguishers Company, Inc. effective from the date of mutual execution through June 30, 2028, with an option to renew for two additional one-year periods, in an amount not to exceed $31,530 per year.

LEGISLATIVE HISTORY / PREVIOUS ACTIONS
The Glendora Municipal Code (GMC) § 2.40.080 requires a formal procurement procedure be conducted for the acquisition of services where the estimated expenditure is expected to exceed $50,000.

The RFP for Fire Suppression Maintenance and Repair Services (RFP No. 9890745) was issued on October 2, 2025 and proposals were opened on October 30, 2025.

DISCUSSION
The City of Glendora Public Works Department is responsible for the maintenance of fire suppression systems in all City of Glendora facilities. The Public Works Department regularly issues RFPs to ensure vendor services remain competitive. Fire suppression maintenance and repair services are currently being provided by a variety of vendors on an as needed basis. Staff determined it would be more efficient to obtain the services of a single vendor to provide comprehensive fire suppression system testing, maintenance, and repair services in accordance with National Fire Protection Association (NFPA) and California Code of Regulations (CCR) requirements.

The RFP specifications required the vendors to provide a proposal for a range of services including testing, maintenance, and repair of dry and wet fire extinguishers, fire/smoke doors, water based systems including sprinklers and hose systems, clean agent (Halon) systems and kitchen hood (Ansul) systems. Semi-annual, annual, and five-year testing is to be provided on a fixed fee basis and repairs will be on a time and materials basis at proposed rates.

The RFP for Fire Suppression System Maintenance and Repair Services (RFP No. 9890745) was issued on October 2, 2025 and proposals were opened on October 30, 2025. There were four prospective bidders but only one proposal was received. The vendor who responded to the RFP was the City's current vendor for annual fire extinguisher maintenance, Marx Brothers Fire Extinguishers Company, Inc.

After a thorough analysis of the proposal received, staff determined the proposal received from Marx Brothers Fire Extinguishers Company, Inc. was responsive to the solicitation, and they can perform the services required at a reasonable cost. Therefore, staff recommends the City Council award an agreement to Marx Brothers Fire Extinguishers Company, Inc. effective from the date of mutual execution through June 30, 2028, with an option to renew for two additional one-year periods, in an amount not to exceed $31,530 per year.

FISCAL IMPACT
The City's FY 2025-2027 Adopted Two-Year Budget includes sufficient appropriations in the General Fund (101) Public Works Department account 10170560-59100 for fire suppression system maintenance and repair services.

The estimated annual expenditures are outlined in the table below:

Estimated Annual Expenditures
Description Account Amount
Semi-Annual Testing per NFPA and CCR
Requirements 10170560-59100 $910
Annual Testing per NFPA and CCR
Requirements 10170560-59100 $5,657
Five-Year Testing per NFPA and CCR
Requirements
10170560-59100 $3,530
Subtotal – Testing $10,097
Estimated Repairs 10170560-59100 $21,433
Total $31,530

ENVIRONMENTAL DETERMINATION
There are no CEQA impacts associated with the recommendations in this report.

Prepared By: Paul Fisher, Business Services Manager
Concurs With: Not Applicable
Reviewed By: Moises Lopez, Assistant City Manager
Certified to Availability of Funds: Kyle Johnson, Finance Director/City Treasurer Approved By: Adam Raymond, City Manager
Legal Review: Danny Aleshire, City Attorney
CEQA Review: Not Applicable
Attachments
A_RFP_No9890745.pdf
B_Proposal_-_Marx_Brothers_Fire_Extinguishers_Company.pdf C_Agreement.pdf
City of Glendora Page 1 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services CITY OF GLENDORA (626) 914-8200
116 E. Foothill Boulevard, Glendora, California 91741
www.cityofglendora.org

REQUEST FOR PROPOSAL (RFP)
Fire Suppression System Maintenance and Repair Services QuestCDN# 9890745
RFP Release Date: Thursday, October 2, 2025
Contact Name(s): Paul Fisher, Business Services Manager Ryan Hacecky, Facilities Maintenance Supervisor
Address:

E-mail address:
116 E. Foothill Boulevard
Glendora, CA 91741
[email protected]
[email protected]
Deadline for questions and objections: Wednesday October 15, 2025 at 5:00 PM PST Proposal Due Date:

Location:

Thursday, October 30, 2025, at 10:00 AM PST Pacific
Time
Electronic proposal submission through QuestCDN
is required

FAILURE TO REGISTER WITH QUESTCDN TO

SUBMIT THE PROPOSALS WILL DISQUALIFY THE
PROPOSER REGARDLESS OF CIRCUMSTANCES.

City of Glendora Page 2 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

1. TABLE OF CONTENTS

1. INTRODUCTION ................................................................................................................ 4

2. SCOPE OF SERVICES ...................................................................................................... 4

2.1 Project Description .................................................................................................................... 4

2.2 Definitions ................................................................................................................................. 4

2.3 Semi-Annual Fire Protection System Maintenance .................................................................. 4

2.3.1. Kitchen Hood Systems ............................................................................................................... 4

2.3.2. Clean Agent Suppression Systems ............................................................................................. 5

2.3.3. Fire Extinguishers ...................................................................................................................... 5

2.3.4. Payment..................................................................................................................................... 5

2.4 Annual Fire Protection System Maintenance ............................................................................ 5

2.4.1. Water Based Systems ................................................................................................................ 5

2.4.2. Fire/Smoke Doors ...................................................................................................................... 6

2.4.3. Fire Extinguishers ...................................................................................................................... 6

2.4.4. Fire Hose Maintenance ............................................................................................................. 6

2.4.5. Payment..................................................................................................................................... 6

2.5 Five-Year Fire Sprinkler (wet) Inspections per NFPA 25 & Title 19 ........................................... 6

2.5.1. Payment..................................................................................................................................... 7

2.6 Labor and Materials .................................................................................................................. 7

2.7 Working Hours ........................................................................................................................... 7

2.8 Locations and Equipment Schedule .......................................................................................... 8

2.9 Pricing and Term of Contract .................................................................................................... 8

2.10 Damage to City Property ........................................................................................................... 8

3. HOW TO OBTAIN THIS RFP .............................................................................................. 8

3.1.1. Request for Proposal ................................................................................................................. 8

3.1.2. Addenda .................................................................................................................................... 8

3.1.3. Questions and Proposal Submittals .......................................................................................... 8

3.1.4. Other RFP Requirements ........................................................................................................... 9

4. PROPOSAL SUBMITTAL REQUIREMENTS ...................................................................... 9

5. PROPOSAL SUBMISSION FORMAT ................................................................................. 9

5.1 Cover Letter ............................................................................................................................... 9

5.2 Table of Contents ...................................................................................................................... 9

5.3 Executive Summary ................................................................................................................... 9

5.4 Experience ............................................................................................................................... 10 City of Glendora Page 3 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

5.5 Third Party / Subcontractors ................................................................................................... 10

5.6 Staff Biographies ..................................................................................................................... 10

5.7 Proposal Response .................................................................................................................. 10

5.8 Agreement Exceptions Summary ............................................................................................ 10

5.9 Acknowledgement of Insurance Requirements ...................................................................... 11

5.10 Addendum Acknowledgement ................................................................................................ 11

5.11 References Worksheet ............................................................................................................ 11

5.12 Signature of Authority ............................................................................................................. 11

5.13 Cost Proposal ........................................................................................................................... 11

6. VENDOR EVALUATION AND SELECTION PROCESS ....................................................11

6.1 Selection Process ..................................................................................................................... 11

6.2 Evaluation Criteria ................................................................................................................... 11

7. SCHEDULE OF EVENTS ..................................................................................................11

8. GENERAL INFORMATION ................................................................................................12

8.1 Conflict of Interest ................................................................................................................... 12

8.2 Standard Form of Agreement .................................................................................................. 12

8.3 Insurance Requirements ......................................................................................................... 12

8.4 Disclaimer ................................................................................................................................ 12

8.5 Assigned Representatives ....................................................................................................... 12

8.6 City Business License ............................................................................................................... 12

8.7 Prevailing Wages ..................................................................................................................... 12

8.8 Examination of Specifications and Site of Work ..................................................................... 13

9. ATTACHMENTS: ...............................................................................................................13 Exhibit A: Sample Agreement ..................................................................................14 Exhibit B: Agreement Exceptions Summary .............................................................38 Exhibit C: Acknowledgement of Insurance Requirements ........................................39 Exhibit D: Addendum Acknowledgement ................................................................40 Exhibit E: References Worksheet ............................................................................41 Exhibit F: Signature of Authority...............................................................................43 Exhibit G: Inventory of Facilities ...............................................................................44 Exhibit H: Cost Proposal ..........................................................................................45 City of Glendora Page 4 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

1. INTRODUCTION
The City of Glendora (hereinafter “City”) is inviting qualified Vendors to submit a proposal response for Fire Suppression System Maintenance and Repair Services in accordance with the minimum Scope of Services indicated herein.

Vendors wishing to participate in the RFP solicitation must be registered as a Vendor on the City Vendor List. Vendor registration can be accomplished by visiting the City website at https://www.cityofglendora.gov/Services/Bids-RFP-Opportunities. Only those responses received from registered Vendors will be accepted. Responses must be submitted by the named Vendor that has downloaded the RFP. This information is indicated in the QuestCDN system and provides the ability to tabulate the responses in accordance with the named Vendors. Submitting a response under a Vendor name that does not appear on the Prospective Bidders list will deem the submittal as nonresponsive and disqualify said response from further consideration.

2. SCOPE OF SERVICES

2.1 Project Description
Fire Alarm and Water Based Fire Protection System maintenance, testing, repair, and preventative maintenance Per NFPA 25 & TITLE 19.

2.2 Definitions
When referring to frequency of service, the terms below shall be defined as follows:
 Daily: Occurring every day.
 Weekly: Occurring once per calendar week
 Monthly: Occurring once per calendar month
 Quarterly: Occurring four times per calendar year with a minimum of two months and a maximum of four months between occurrences.
 Semi-Annual: Occurring two times per calendar year with a minimum of five months and a maximum of seven months between occurrences.
 Annual: Occurring once per calendar year with a minimum of eleven months and a maximum of thirteen months between occurrences.
 Three-Years: Occurring once every thirty-six months with a minimum of thirty-five months and a maximum of thirty-seven months between occurrences.
 Five Years: Occurring once every sixty months with a minimum of fifty-nine months and a maximum of sixty-one months between occurrences.

2.3 Semi-Annual Fire Protection System Maintenance

2.3.1. Kitchen Hood Systems
Kitchen Hood Systems (ANSUL) are to be tested and inspected per the requirements of NFPA 13:
 Test and inspect Ansul Hood Systems including test, report and tagging.  Inspect cabling, scissor linkage and conduit.
 Inspect pull stations and test for proper operation.
 Inspect cylinder, control head, and firing cartridge.  Inspect accessible piping, hangers, seals, drops and nozzles.  Replace links, nozzle seals and nozzles.

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QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

2.3.2. Clean Agent Suppression Systems
Clean Agent Suppression Systems are to be tested and inspected per the requirements of NFPA 72:
 Check to see if system is in service.
 Check control panel function for alarm and trouble conditions.  Check batteries for charge and corrosion and leakage.  Test all manual pull stations for operation.
 Test all detectors (heat, smoke, duct, radiant energy, air sampling) for operation per NFPA

72.  Test all abort stations for normal operation.
 Test all audio/ visual devices for operation.
 Test time delays.
 Test all auxiliary functions (if possible).
 Test cross zone operation.
 Visual inspection of protected area to ensure that have been no changes that can affect equipment performance.
 Visual inspection of discharge piping, nozzles, and brackets.  Visual inspection of the protected rooms to determine if any penetrations have been made which could lower the required concentration level of agents.  Check operation of releasing devices.
 Test all Pre-Action devices.
 Test discharge sequence for both main and reserve systems cylinder where applicable.  Tests supervision of all circuits.
 Check quantity or pressure of agent in storage container: record weight and pressure on inspection report.
 Inspect hoses for damage: test hose every (5) years.
 Hydrostatically test and or visually inspect storage cylinders as required: record on inspection report.
 Provide digital report for owner’s files that detail any deficiencies.

2.3.3. Fire Extinguishers
Fire Extinguishers scope of work includes but is not limited to the following:

Provide inspection, testing, maintenance, and repair services on all fire extinguishers per NFPA 10.

Fire Extinguisher Types:
 Type K

2.3.4. Payment
Payment for Semi-Annual Fire Protection System Maintenance shall be paid for at the unit price bid.

The price will include all labor, materials, hardware, tools, and incidentals to provide Semi-Annual Fire Protection System Maintenance per NFPA requirements and the specifications herein; no additional compensation will be allowed.

2.4 Annual Fire Protection System Maintenance

2.4.1. Water Based Systems
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QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Water Based Description: Operation of flow switches, water flow bells, electric bells, risers, tamper switches and all retard chambers. Pressure reducing and relief valves, fire department connections, main drains, water flow alarms, priming water, low air pressure alarms, quick opening devices. All devices being checked will be checked to be free of but not limited to damage and or leaks and to be in good working condition. All components shall be inspected, tested, cleaned, repaired, replaced, and maintained in good working order in accordance with the manufacturer’s instructions and as required by NFPA 25.

2.4.2. Fire/Smoke Doors
Fire/Smoke Doors are to be tested per NFPA 25 and Title 19 of the California Code of Regulations.

2.4.3. Fire Extinguishers
Fire Extinguishers scope of work includes but is not limited to the following:

Provide inspection, testing, maintenance, and repair services on all fire extinguishers per NFPA 10.

Fire Extinguisher Types:
 Type A
 Type B
 Type C
 Type BC
 Type C02
 Type PW
 Type Metal LX Class D
 Type ABC

2.4.4. Fire Hose Maintenance
Annual Fire Hose Maintenance per NFPA 25:
 Visually inspect the hoses, couplings and nozzle.
 Verify the hose is within its service test (if not, remove the hose for service hydrostatic testing).  Remove the nozzle and inspect for obstructions, damage to nozzle tip, broken or missing parts and the thread gasket is in good condition.
 Inspect the couplings to identify and defects such as damage threads, corrosion, slippage on the hose, etc.
 Inspect the couplings and nozzles to verify a tight fit and that they are not deteriorated.  Reinstall the nozzle (nozzles attached to in-service hose shall be kept in the closed position).  Remove the hose from the rack and visually inspect the hose for any damage.  Re-rack the hose so that folds do not occur at the same position on the hose.

2.4.5. Payment
Payment for Annual Fire Protection System Maintenance shall be paid for at the unit price bid. The price will include all labor, materials, hardware, tools, and incidentals to provide Annual Fire Protection System Maintenance per NFPA requirements and the specifications herein; no additional compensation will be allowed.

2.5 Five-Year Fire Sprinkler (wet) Inspections per NFPA 25 & Title 19  Annual inspection of entire system, including test report and tagging City of Glendora Page 7 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services  Main drain test; provide static and residual pressure.  Inspectors test valve: must ring local bell within 90 seconds, must notify central station via alarm system.
 Lubricate and operate each system control valve.
 Inspect all visible piping, hangers, heads, and signage.  Annual inspection of entire system, including test report and tagging  Main drain test; provide static and residual pressure.  Inspectors test valve: must ring local bell within 90 seconds, must notify central station via alarm system.
 Lubricate and operate each system control valve.
 Inspect all visible piping, hangers, heads, and signage.  Inspect all visible seismic bracing, flanges, system connections including FDC.  Back flush fire department connections to remove all debris from piping, must remove or secure check valve.

2.5.1. Payment
Payment for Five-Year Fire Sprinkler (wet) Inspections shall be paid for at the unit price bid. The price will include all labor, materials, hardware, tools, and incidentals to provide Five-Year Fire Sprinkler (wet) Inspections per NFPA requirements and the specifications herein; no additional compensation will be allowed.

2.6 Labor and Materials
The fixed hourly rate shall be all-inclusive of all related costs that the Contractor will incur to provide repair services on an as needed basis, including, but not limited to: employee wages and benefits; clerical support; overhead; profit; licensing; insurance; materials; supplies; tools; equipment; telecommunications; document copying; etc.

Labor hours paid under this contract shall be only for productive hours at the job site. Time spent for transportation of workers, material acquisition, handling and delivery, or for movement of Contractor owned or rental equipment is not chargeable directly but is overhead and the cost shall be included in the hourly rate. The City shall accept no proposal with a minimum charge stipulated.

After hours rates will be paid for work done at times other than regular working hours. Contractor must have prior verbal and/or written approval to work outside normal business hours.

Holiday rates will be paid for work done on recognized City holidays only. Contractor must have prior verbal and/or written approval to work outside normal business hours.

Contractor shall provide all necessary replacement parts and materials required to successfully complete each individual work order. Material specifications shall be approved by the Public Works Services Director or designated representative before being incorporated into the work.

All replacement parts, equipment and materials supplied by the Contractor shall be new, undamaged, clean and in good condition. Replacement parts, equipment and materials shall be the same make and model of existing unless substitution has been approved in writing by the Public Works Services Director or designated representative. The markup for all parts, equipment and materials shall be fifteen (15) percent. Copies of all supplier invoices for parts, equipment and materials incorporated into the work shall be submitted with each request for payment.

2.7 Working Hours
 Regular working hours are the City's normal business hours, 7;00 a.m. to 5:00 p.m., Monday through Friday, unless otherwise authorized by the City.

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QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services  Holiday hours are recognized City holidays only.
 After hours are all hours excluding regular hours and recognized City holidays.

2.8 Locations and Equipment Schedule
 The inventory of facilities can be found in Exhibit G attached hereto.  The Equipment Schedule is included on the Cost Proposal, attached hereto as Exhibit H.

2.9 Pricing and Term of Contract
The initial term of the contract is anticipated to be through June 30, 2028, and the term may be extended for additional one-year periods through June 30, 2032.

Proposed pricing shall be valid through June 30, 2027.

Commencing on July 1, 2027, prices may be adjusted annually during the term of the contract. The maximum allowable increase shall the percent change of the Consumer Price Index for All Urban Consumers (CPI-U). February shall be the base month to be used for calculating the maximum annual adjustment. The maximum adjustments shall correlate with the CPI-U Series titled “All items in Los Angeles-Long Beach-Anaheim, CA, all urban consumers, not seasonally adjusted,” as published by the Bureau of Labor Statistics, in the Department of Labor. Should this index be discontinued, an index covering the most geographically compact region that includes eastern Los Angeles County.

These reports are accessible at the following website: https://www.bls.gov/cpi/data.htm.

2.10 Damage to City Property
The Vendor shall be held responsible for all damage that is caused by his work, workmen, or by his Subcontractors and the Subcontractor's employees or hires. Patching and replacing of damaged work, shall be done as directed by the Owner, but the cost of same shall be paid by the Vendor.

At completion of the Work, damage to any portion of the buildings, including but not limited to the building's interiors and exteriors, drives, walks, underground and overhead work, and the like used by or during the Work of this Contract shall be repaired or replaced in like manner to the satisfaction of the Owner at Vendor's expense.

3. HOW TO OBTAIN THIS RFP

3.1.1. Request for Proposal
Request for Proposal (RFP) information can be downloaded at www.questcdn.com using QuestCDN#9890745 Contact QuestCDN at (952) 233-1632 or [email protected] for assistance in membership registration, downloading this digital project information and Online Bid submittal. To submit a vBid online bid (which is required for this project) you must do so through the QuestCDN Bid Management System located at www.questcdn.com or via the City of Glendora website at https://www.cityofglendora.gov/Services/Bids-RFP-Opportunities. You may register and download RFP documents electronically for free.

3.1.2. Addenda
All addenda and notices related to this procurement will be posted by the City on QuestCDN. In the event that this RFP is obtained through any means other than QuestCDN, the city will not be responsible for the completeness, accuracy, or timeliness of the final RFP document.

3.1.3. Questions and Proposal Submittals
Submit any questions in the Q&A portion of QuestCDN.

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QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

3.1.4. Other RFP Requirements
Each Proposal must conform and be responsive to all requirements set forth in the RFP.

Vendor/Vendors will need to register with the provider of this service, Quest Construction Data Network.

4. PROPOSAL SUBMITTAL REQUIREMENTS
You must respond to this RFP by the due date and time as set in the RFP. Each Proposal must conform and be responsive to all requirements set forth in the RFP to be considered. The City of Glendora has implemented online project bidding using the QuestCDN Construction Data Network.

In order to be considered a qualified bidder, the online proposal must be completed and submitted, all addenda must be acknowledged and uploaded to the site through http://www.questcdn.com/.

You can contact QuestCDN at (952) 233-1632 or [email protected] for assistance in membership registration and downloading this digital project information.

NO ORAL, FACSIMILE OR TELEPHONIC PROPOSALS/BIDS OR ALTERATIONS WILL BE CONSIDERED.

The City of Glendora reserves the right to reject any and all proposals, to waive any informalities in any proposal and select the one that best meets the City’s needs.

5. PROPOSAL SUBMISSION FORMAT
The City requests that proposal packages submitted be organized and presented in a neat and logical format and are relevant to these services. Vendor’s submittal shall be clear, accurate, concise, and comprehensive. Excessive or irrelevant material will not be favorably received.

Proposal shall contain no more than 20 typed 8 ½ x 11 pages using a 10-point minimum font size, including transmittal/offer letter but excluding Index/Table of Contents for Proposal, tables, charts, resumes of key people, graphic exhibits and required exhibits noted herein. The purpose of these restrictions is to minimize the costs of preparation and to ensure that the response to the RFP is fully relevant to the project.

5.1 Cover Letter
RFP responses must include the complete name and address of Vendor and the name, mailing address, and telephone number of the contact person regarding the RFP response. A signature by an authorized representative must be included on each RFP response. Said signature will be considered confirmation of the Vendors ability and willingness to comply with all provisions stated herein.

5.2 Table of Contents
The Table of Contents must be a comprehensive listing of the contents included in your RFP response. This section must include a clear definition of the material, exhibits and supplemental information identified by sequential page numbers and by section reference numbers. Each section of the RFP response will be separated by a title page at the beginning of each section.

5.3 Executive Summary
The Executive Summary shall condense and highlight the contents of the Vendor’s RFP response to provide the Evaluation Committee with a broad understanding of the Vendor’s approach, Proposal, City of Glendora Page 10 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services experience and staffing.

5.4 Experience
The Vendor shall provide a concise statement demonstrating the Vendor’s Proposal, experience, expertise and capability to perform the requirements of this RFP. Provide a brief history of your company, including:
 The number of years in business,
 The firms service commitment to customers,
 If the firm is involved in any pending litigation that may affect its ability to provide its proposed solution or ongoing maintenance or support of its products and services.  State whether your firm is an individual proprietorship, partnership, corporation, or private nonprofit firm, and the date your company was formed or incorporated.

5.5 Third Party / Subcontractors
If the Vendor intends to subcontract, a detailed list of any sub-contractors, partners, or third-party Vendors who will be involved in the implementation of the proposed services including but not limited to:
 Description of the Vendor’s experience with each of the proposed subcontractors,  Three (3) customer references for each subcontractor to include references names, addresses, and telephone numbers, for products and services like those described in this RFP,
 Describe the specific role of each.

5.6 Staff Biographies
Submit the resumes of the individuals who will be performing the services for the City . Resumes shall be formatted in the following order:
 Position with the Company,
 Length of time with the Company,
 Licenses, registrations, and certifications as required by law to perform the Scope of Work described herein,
 Educational background,
 Role in the Project,
 Experience with the minimum requirements stated herein,  Work history on similar or like projects with the other municipalities.

5.7 Proposal Response
Under this section Vendors shall provide a full, detailed response to the City’s Scope of Services listed herein. Vendors should be as thorough as possible in their response as it may be the only opportunity to convey information regarding your business’ ability and qualifications to complete the services needed.

5.8 Agreement Exceptions Summary
 Exhibit B, Agreement Exceptions Summary, shall be completed and submitted with proposal.

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QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

5.9 Acknowledgement of Insurance Requirements
 Exhibit C, Acknowledgement of Insurance Requirements, shall be completed and submitted with proposal.

5.10 Addendum Acknowledgement
 Exhibit D, Addendum Acknowledgement, shall be completed and submitted with proposal.

5.11 References Worksheet
 Exhibit E, References Worksheet, shall be completed and submitted with proposal.

5.12 Signature of Authority
 Exhibit F, Signature of Authority, shall be completed and submitted with proposal.

5.13 Cost Proposal
 Exhibit H, Cost Proposal, shall be completed and submitted with proposal.

6. VENDOR EVALUATION AND SELECTION PROCESS

6.1 Selection Process

1. Proposal Review Phase - The City’s Vendor evaluation and selection process are based upon Qualifications Based Selection (QBS) for services.

2. The City reserves the right to rely on information from sources other than the information provided by the respondents.

3. Final award shall be contingent upon selected firm (Vendor) accepting the Terms and Conditions listed in RFP.

6.2 Evaluation Criteria
Description Proposal
Review Phase
Content & Format 5 %
Qualifications and Experience 30 %
Generic Project Approach/Work Plan 15 %
Team Organization and Staff Availability 5 %
Resumes of Key Staff 5 %
References 10 %
Interview 30 %
TOTAL Score 100%

7. SCHEDULE OF EVENTS
RFP release date October 2, 2025
Proposal Receive date October 30, 2025
Review and Vendor Selection November (Estimated)
City Council Approval November (Estimated)
Notice to Proceed December (Estimated)
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QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

8. GENERAL INFORMATION

8.1 Conflict of Interest
Proposer(s) may not have any interest in any potential future City procurements that may result from the work performed under the agreement resulting from this RFP.

8.2 Standard Form of Agreement
The Vendor will enter into an agreement with the City based upon the contents of the RFP and the Vendor’s qualifications. A copy of City’s Standard Vendor Agreement is attached hereto as Exhibit A.

8.3 Insurance Requirements
The minimum insurance coverage required in the “Agreement for Contract Services” attached hereto as Exhibit A.

8.4 Disclaimer
This RFP does not commit the City to award a contract, or to pay any costs incurred in the preparation of the qualifications. The City reserves the right to extend the due date for the qualifications, to accept or reject any or all qualifications received as a result of this request, to negotiate with any qualified Vendor, or to cancel this RFP in part, or in its entirety.

8.5 Assigned Representatives
The City will assign a responsible representative to administer the contract, and to assist the Vendor in obtaining information. The Vendor also shall assign a responsible representative (project manager) and an alternate, who shall be identified in the proposal. The Vendor’s representative will remain in responsible charge of the Vendor’s duties from the notice-to-proceed through project completion. If the Vendor’s primary representative should be unable to continue with the project, then the alternate representative identified in the proposal shall become the project manager. The City’s representative shall first approve any substitution of representatives or subVendors identified in the proposal in writing. The City reserves the right to review and approve/disapprove all key staff and subVendor substitution or removal and may consider such changes not approved to be a breach of contract.

8.6 City Business License
A selected Vendor awarded a contract shall be required to obtain a Glendora Business License no later than five (5) business days from notification of award prior to being issued a Purchase Order.

A selected Vendor must possess and maintain all appropriate licenses/certifications necessary in the performance of duties required under this RFP and will provide copies of licenses/certifications immediately upon request throughout the term of the Agreement.

8.7 Prevailing Wages
Where labor is required for a public work as a part of any requirement covered by this RFP, pursuant to the provisions of the Labor Code of the State of California and/or the federal Davis-Bacon Act, a selected Vendor(s) shall pay no less than those minimum wages unless an exemption applies.

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QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

8.8 Examination of Specifications and Site of Work
Vendors must satisfy themselves by personal examination of the publicly accessible areas of the work sites, the RFP specifications, and other contract documents, and by any other means as they may believe necessary, as to the actual physical conditions, requirements and difficulties under which the work must be performed. No vendor shall at any time after submission of a proposal make any claim or assertion that there was any misunderstanding or lack of information regarding the nature of or amount of work necessary for the satisfactory completion of the job.

9. ATTACHMENTS:

Exhibit A: Sample Agreement
Exhibit B: Agreement Exceptions Summary
Exhibit C: Acknowledgement of Insurance Requirements
Exhibit D: Addendum Acknowledgement
Exhibit E: References Worksheet
Exhibit F: Signature of Authority
Exhibit G: Inventory of Facilities
Exhibit H: Cost Proposal
Exhibit A: Sample Agreement

AGREEMENT FOR CONTRACT SERVICES
By and Between

CITY OF GLENDORA
and
_____________________________________
Exhibit A: Sample Agreement
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QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

AGREEMENT FOR CONTRACT SERVICES

BETWEEN THE CITY OF GLENDORA AND
____________________
THIS AGREEMENT FOR CONTRACT SERVICES (herein “Agreement”) is made and entered into this ____ day of ________, 202___ by and between the City of Glendora, a California municipal corporation (“City”) and ___________________________, _________________ (“Vendor”). City and Vendor may be referred to, individually or collectively, as “Party” or “Parties.”

RECITALS
A. City has sought, by issuance of a Request for Proposals or Invitation for Bids, the performance of the services defined and described particularly in Article 1 of this Agreement.

B. Vendor, following submission of a proposal or bid for the performance of the services defined and described particularly in Article 1 of this Agreement, was selected by the City to perform those services.

C. Pursuant to the City of Glendora’s Municipal Code, City has authority to enter into and execute this Agreement.

D. The Parties desire to formalize the selection of Vendor for performance of those services defined and described particularly in Article 1 of this Agreement and desire that the terms of that performance be as particularly defined and described herein.

OPERATIVE PROVISIONS
NOW, THEREFORE, in consideration of the mutual promises and covenants made by the Parties and contained herein and other consideration, the value and adequacy of which are hereby acknowledged, the Parties agree as follows:

ARTICLE 1. SERVICES OF VENDOR

1.1 Scope of Services.

In compliance with all terms and conditions of this Agreement, the Vendor shall provide those services specified in the “Scope of Services” attached hereto as Exhibit “A” and incorporated herein by this reference, which may be referred to herein as the “services” or “work” hereunder. As a material inducement to the City entering into this Agreement, Vendor represents and warrants that it has the qualifications, experience, and facilities necessary to properly perform the services required under this Agreement in a thorough, competent, and professional manner, and is experienced in performing the work and services contemplated herein. Vendor shall at all times faithfully, competently and to the best of its ability, experience and talent, perform all services described herein. Vendor covenants that it shall follow the highest professional standards in performing the work and services required hereunder and that all materials will be both of good quality as well as fit for the purpose intended. For purposes of this Agreement, the phrase “highest professional standards” shall mean those standards of practice recognized by one or more first-class firms performing similar work under similar circumstances.

1.2 Vendor’s Proposal.

The Scope of Services shall include the Vendor’s scope of work or bid which shall be incorporated herein by this reference as though fully set forth herein. In the event of any inconsistency between the terms of such proposal and this Agreement, the terms of this Agreement shall govern.

Exhibit A: Sample Agreement
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QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

1.3 Compliance with Law.

Vendor shall keep itself informed concerning, and shall render all services hereunder in accordance with, all ordinances, resolutions, statutes, rules, and regulations of the City and any Federal, State or local governmental entity having jurisdiction in effect at the time service is rendered.

1.4 California Labor Law.

If the Scope of Services includes any “public work” or “maintenance work,” as those terms are defined in California Labor Code section 1720 et seq. and California Code of Regulations, Title 8, Section 16000 et seq., and if the total compensation is $1,000 or more, Vendor shall pay prevailing wages for such work and comply with the requirements in California Labor Code section 1770 et seq. and 1810 et seq., and all other applicable laws, including the following requirements:
(a) Public Work. The Parties acknowledge that some or all of the work to be performed under this Agreement is a “public work” as defined in Labor Code Section 1720 and that this Agreement is therefore subject to the requirements of Division 2, Part 7, Chapter 1 (commencing with Section 1720) of the California Labor Code relating to public works contracts and the rules and regulations established by the Department of Industrial Relations (“DIR”) implementing such statutes. The work performed under this Agreement is subject to compliance monitoring and enforcement by the DIR. Vendor shall post job site notices, as prescribed by regulation.
(b) Prevailing Wages. Vendor shall pay prevailing wages to the extent required by Labor Code Section 1771. Pursuant to Labor Code Section 1773.2, copies of the prevailing rate of per diem wages are on file at City Hall and will be made available to any interested party on request. By initiating any work under this Agreement, Vendor acknowledges receipt of a copy of the Department of Industrial Relations (DIR) determination of the prevailing rate of per diem wages, and Vendor shall post a copy of the same at each job site where work is performed under this Agreement.
(c) Penalty for Failure to Pay Prevailing Wages. Vendor shall comply with and be bound by the provisions of Labor Code Sections 1774 and 1775 concerning the payment of prevailing rates of wages to workers and the penalties for failure to pay prevailing wages. The Vendor shall, as a penalty to the City, forfeit two hundred dollars ($200) for each calendar day, or portion thereof, for each worker paid less than the prevailing rates as determined by the DIR for the work or craft in which the worker is employed for any public work done pursuant to this Agreement by Vendor or by any subcontractor. (d) Payroll Records. Vendor shall comply with and be bound by the provisions of Labor Code Section 1776, which requires Vendor and each subVendor to: keep accurate payroll records and verify such records in writing under penalty of perjury, as specified in Section 1776; certify and make such payroll records available for inspection as provided by Section 1776; and inform the City of the location of the records. (e) Apprentices. Vendor shall comply with and be bound by the provisions of Labor Code Sections 1777.5, 1777.6, and 1777.7 and California Code of Regulations Title 8, Section 200 et seq. concerning the employment of apprentices on public works projects. Vendor shall be responsible for compliance with these aforementioned Sections for all apprenticeable occupations. Prior to commencing work under this Agreement, Vendor shall provide City with a copy of the information submitted to any applicable apprenticeship program.

Within sixty (60) days after concluding work pursuant to this Agreement, Vendor and each of its subVendors shall submit to the City a verified statement of the journeyman and apprentice hours performed under this Agreement.
(f) Eight-Hour Work Day. Vendor acknowledges that eight (8) hours labor constitutes a legal day's work. Vendor shall comply with and be bound by Labor Code Section 1810.

Exhibit A: Sample Agreement
City of Glendora Page 17 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services (g) Penalties for Excess Hours. Vendor shall comply with and be bound by the provisions of Labor Code Section 1813 concerning penalties for workers who work excess hours. The Vendor shall, as a penalty to the City, forfeit twenty-five dollars ($25) for each worker employed in the performance of this Agreement by the Vendor or by any subcontractor for each calendar day during which such worker is required or permitted to work more than eight (8) hours in any one calendar day and forty (40) hours in any one calendar week in violation of the provisions of Division 2, Part 7, Chapter 1, Article 3 of the Labor Code. Pursuant to Labor Code section 1815, work performed by employees of Vendor in excess of eight (8) hours per day, and forty (40) hours during any one week shall be permitted upon public work upon compensation for all hours worked in excess of 8 hours per day at not less than one and one-half (1½) times the basic rate of pay. (h) Workers’ Compensation. California Labor Code Sections 1860 and 3700 provide that every employer will be required to secure the payment of compensation to its employees if it has employees. In accordance with the provisions of California Labor Code Section 1861, Vendor certifies as follows:
“I am aware of the provisions of Section 3700 of the Labor Code which require every employer to be insured against liability for workers' compensation or to undertake self-insurance in accordance with the provisions of that code, and I will comply with such provisions before commencing the performance of the work of this contract.”
Vendor’s Authorized Initials ___________________
(Name, Title)
(i) Vendor’s Responsibility for Subcontractors. For every subcontractor who will perform work under this Agreement, Vendor shall be responsible for such subcontractor's compliance with Division 2, Part 7, Chapter 1 (commencing with Section 1720) of the California Labor Code, and shall make such compliance a requirement in any contract with any subcontractor for work under this Agreement. Vendor shall be required to take all actions necessary to enforce such contractual provisions and ensure subcontractor's compliance, including without limitation, conducting a review of the certified payroll records of the subcontractor on a periodic basis or upon becoming aware of the failure of the subcontractor to pay his or her workers the specified prevailing rate of wages. Vendor shall diligently take corrective action to halt or rectify any such failure by any subcontractor.

1.5 Licenses, Permits, Fees and Assessments.

Vendor shall obtain at its sole cost and expense such licenses, permits and approvals as may be required by law for the performance of the services required by this Agreement. Vendor shall have the sole obligation to pay for any fees, assessments and taxes, plus applicable penalties and interest, which may be imposed by law and arise from or are necessary for the Vendor’s performance of the services required by this Agreement, and shall indemnify, defend and hold harmless City, its officers, employees or agents of City, against any such fees, assessments, taxes, penalties or interest levied, assessed or imposed against City hereunder.

1.6 Familiarity with Work.

By executing this Agreement, Vendor warrants that Vendor (i) has thoroughly investigated and considered the scope of services to be performed, (ii) has carefully considered how the services should be performed, and (iii) fully understands the facilities, difficulties and restrictions attending performance of the services under this Agreement. If the services involve work upon any site, Vendor warrants that Vendor has or will investigate the site and is or will be fully acquainted with the conditions there existing, prior to commencement of services hereunder. Should the Vendor discover any latent or unknown conditions, which will materially affect the performance of the services hereunder, Vendor shall immediately inform the City of such fact and shall not proceed except at Vendor’s risk until written instructions are received from the Contract Officer.

Exhibit A: Sample Agreement
City of Glendora Page 18 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

1.7 Care of Work.

The Vendor shall adopt reasonable methods during the life of this Agreement to furnish continuous protection to the work, and the equipment, materials, papers, documents, plans, studies and/or other components thereof to prevent losses or damages, and shall be responsible for all such damages, to persons or property, until acceptance of the work by City, except such losses or damages as may be caused by City’s own negligence.

1.8 Further Responsibilities of Parties.

Both Parties agree to use reasonable care and diligence to perform their respective obligations under this Agreement. Both Parties agree to act in good faith to execute all instruments, prepare all documents and take all actions as may be reasonably necessary to carry out the purposes of this Agreement. Unless hereafter specified, neither Party shall be responsible for the service of the other.

1.9 Additional Services.

City shall have the right at any time during the performance of the services, without invalidating this Agreement, to order extra work beyond that specified in the Scope of Services or make changes by altering, adding to or deducting from said work. No such extra work may be undertaken unless a written order is first given by the Contract Officer (as defined below) to the Vendor, incorporating therein any adjustment in (i) the Contract Sum (or a portion of the compensation due to Vendor) for the actual costs of the extra work, and/or (ii) the time to perform this Agreement, which said adjustments are subject to the written approval of the Vendor. Any increase in compensation of up to ten percent (10%) of the Contract Sum or $50,000, whichever is less; or, in the time to perform of up to one hundred eighty (180) days, may be approved by the Contract Officer. Any greater increases, taken either separately or cumulatively, must be approved by the City Council. It is expressly understood by Vendor that the provisions of this Section shall not apply to services specifically set forth in the Scope of Services.

Vendor hereby acknowledges that it accepts the risk that the services to be provided pursuant to the Scope of Services may be more costly or time consuming than Vendor anticipates and that Vendor shall not be entitled to additional compensation therefor. City may in its sole and absolute discretion have similar work done by other Vendors. No claims for an increase in the Contract Sum or time for performance shall be valid unless the procedures established in this Section are followed.

1.10 Special Requirements.

Additional terms and conditions of this Agreement, if any, which are made a part hereof are set forth in the “Special Requirements” attached hereto as Exhibit “B” and incorporated herein by this reference. In the event of a conflict between the provisions of Exhibit “B” and any other provisions of this Agreement, the provisions of Exhibit “B” shall govern.

ARTICLE 2. COMPENSATION AND METHOD OF PAYMENT.

2.1 Contract Sum.

Subject to any limitations set forth in this Agreement, City agrees to pay Vendor the amounts specified in the “Schedule of Compensation” attached hereto as Exhibit “C” and incorporated herein by this reference. The total compensation, including reimbursement for actual expenses, shall not exceed Dollars ($_________) (the “Contract Sum”), unless additional compensation is approved pursuant to Section 1.9.

Exhibit A: Sample Agreement
City of Glendora Page 19 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

2.2 Method of Compensation.

The method of compensation may include: (i) a lump sum payment upon completion; (ii) payment in accordance with specified tasks or the percentage of completion of the services, less contract retention; (iii) payment for time and materials based upon the Vendor’s rates as specified in the Schedule of Compensation, provided that (a) time estimates are provided for the performance of sub tasks, (b) contract retention is maintained, and (c) the Contract Sum is not exceeded; or (iv) such other methods as may be specified in the Schedule of Compensation.

2.3 Reimbursable Expenses.

Compensation may include reimbursement for actual and necessary expenditures for reproduction costs, telephone expenses, and travel expenses approved by the Contract Officer in advance, or actual subcontractor expenses of an approved subcontractor pursuant to Section 4.5, and only if specified in the Schedule of Compensation. The Contract Sum shall include the attendance of Vendor at all project meetings reasonably deemed necessary by the City. Coordination of the performance of the work with City is a critical component of the services. If Vendor is required to attend additional meetings to facilitate such coordination, Vendor shall not be entitled to any additional compensation for attending said meetings.

2.4 Invoices.

Each month Vendor shall furnish to City an original invoice for all work performed and expenses incurred during the preceding month in a form approved by City’s Director of Finance. By submitting an invoice for payment under this Agreement, Vendor shall be deemed to have certify compliance with all provisions of this Agreement. The invoice shall contain all information specified in Exhibit “C”, and shall detail charges for all necessary and actual expenses by the following categories: labor (by sub-category), travel, materials, equipment, supplies, and sub-contractor contracts. Sub-contractor charges shall also be detailed by such categories. Vendor shall not invoice City for any duplicate services performed by more than one person.

City shall independently review each invoice submitted by the Vendor to determine whether the work performed and expenses incurred are in compliance with the provisions of this Agreement. Except as to any charges for work performed or expenses incurred by Vendor which are disputed by City, or as provided in Section

7.3, City will use its best efforts to cause Vendor to be paid within forty-five (45) days of receipt of Vendor’s correct and undisputed invoice; however, Vendor acknowledges and agrees that due to City warrant run procedures, the City cannot guarantee that payment will occur within this time period. In the event any charges or expenses are disputed by City, the original invoice shall be returned by City to Vendor for correction and resubmission. Review and payment by City for any invoice provided by the Vendor shall not constitute a waiver of any rights or remedies provided herein or any applicable law.

2.5 Waiver.

Payment to Vendor for work performed pursuant to this Agreement shall not be deemed to waive any defects in work performed by Vendor.

ARTICLE 3. PERFORMANCE SCHEDULE

3.1 Time of Essence.

Time is of the essence in the performance of this Agreement.

3.2 Schedule of Performance.

Exhibit A: Sample Agreement
City of Glendora Page 20 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Vendor shall commence the services pursuant to this Agreement upon receipt of a written notice to proceed and shall perform all services within the time period(s) established in the “Schedule of Performance” attached hereto as Exhibit “D” and incorporated herein by this reference. When requested by the Vendor, extensions to the time period(s) specified in the Schedule of Performance may be approved in writing by the Contract Officer but not exceeding one hundred eighty (180) days cumulatively.

3.3 Force Majeure.

The time period(s) specified in the Schedule of Performance for performance of the services rendered pursuant to this Agreement shall be extended because of any delays due to unforeseeable causes beyond the control and without the fault or negligence of the Vendor, including, but not restricted to, acts of God or of the public enemy, unusually severe weather, fires, earthquakes, floods, epidemics, quarantine restrictions, riots, strikes, freight embargoes, wars, litigation, and/or acts of any governmental agency, including the City, if the Vendor shall within ten (10) days of the commencement of such delay notify the Contract Officer in writing of the causes of the delay. The Contract Officer shall ascertain the facts and the extent of delay, and extend the time for performing the services for the period of the enforced delay when and if in the judgment of the Contract Officer such delay is justified. The Contract Officer’s determination shall be final and conclusive upon the Parties to this Agreement. In no event shall Vendor be entitled to recover damages against the City for any delay in the performance of this Agreement, however caused, Vendor’s sole remedy being extension of this Agreement pursuant to this Section.

3.4 Term.

Unless earlier terminated in accordance with Article 7 of this Agreement, this Agreement shall continue in full force and effect until completion of the services but not exceeding years from the date hereof (“Term”), except as otherwise provided in the Schedule of Performance (as shown on Exhibit “D” attached hereto). [The City Manager may, at his/her sole discretion, extend the Term for additional one-year terms.][NOTE: IF THIS PROVISION IS APPLICABLE – NEED TO INCLUDE AN INCREASE FOR THE $

AMOUNT DUE TO VENDOR DURING THE TERM OF THE EXTENSION BASED ON CPI AT THE VERY LEAST]
ARTICLE 4. COORDINATION OF WORK

4.1 Representatives and Personnel of Vendor.

The following principals of Vendor (“Principals”) are hereby designated as being the principals and representatives of Vendor authorized to act in its behalf with respect to the work specified herein and make all decisions in connection therewith:
(Name), (Title)
(Name), (Title)
It is expressly understood that the experience, knowledge, capability and reputation of the foregoing principals were a substantial inducement for City to enter into this Agreement. Therefore, the foregoing principals shall be responsible during the Term of this Agreement for directing all activities of Vendor and devoting sufficient time to personally supervise the services hereunder. All personnel of Vendor, and any authorized agents, shall at all times be under the exclusive direction and control of the Principals. For purposes of this Agreement, the foregoing Principals may not be replaced nor may their responsibilities be substantially reduced by Vendor without the express written approval of City. Additionally, Vendor shall utilize only competent personnel to Exhibit A: Sample Agreement
City of Glendora Page 21 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services perform services pursuant to this Agreement. Vendor shall make every reasonable effort to maintain the stability and continuity of Vendor’s staff and subcontractors, if any, assigned to perform the services required under this Agreement. Vendor shall notify City of any changes in Vendor’s staff and subcontractors, if any, assigned to perform the services required under this Agreement, prior to and during any such performance.

4.2 Status of Vendor.

Vendor shall have no authority to bind City in any manner, or to incur any obligation, debt or liability of any kind on behalf of or against City, whether by contract or otherwise, unless such authority is expressly conferred under this Agreement or is otherwise expressly conferred in writing by City. Vendor shall not at any time or in any manner represent that Vendor or any of Vendor’s officers, employees, or agents are in any manner officials, officers, employees or agents of City. Neither Vendor, nor any of Vendor’s officers, employees or agents, shall obtain any rights to retirement, health care or any other benefits which may otherwise accrue to City’s employees. Vendor expressly waives any claim Vendor may have to any such rights.

4.3 Contract Officer.

The Contract Officer shall be _____________________________, or such person as may be designated by the City Manager. It shall be the Vendor’s responsibility to assure that the Contract Officer is kept informed of the progress of the performance of the services and the Vendor shall refer any decisions which must be made by City to the Contract Officer. Unless otherwise specified herein, any approval of City required hereunder shall mean the approval of the Contract Officer. The Contract Officer shall have authority, if specified in writing by the City Manager, to sign all documents on behalf of the City required hereunder to carry out the terms of this Agreement.

4.4 Independent Vendor.

Neither the City nor any of its employees shall have any control over the manner, mode or means by which Vendor, its agents or employees, perform the services required herein, except as otherwise set forth herein. City shall have no voice in the selection, discharge, supervision or control of Vendor’s employees, servants, representatives or agents, or in fixing their number, compensation or hours of service. Vendor shall perform all services required herein as an independent contractor of City and shall remain at all times as to City a wholly independent contractor with only such obligations as are consistent with that role. Vendor shall not at any time or in any manner represent that it or any of its agents or employees are agents or employees of City. City shall not in any way or for any purpose become or be deemed to be a partner of Vendor in its business or otherwise or a joint venturer or a member of any joint enterprise with Vendor.

4.5 Prohibition Against Subcontracting or Assignment.

The experience, knowledge, capability and reputation of Vendor, its principals and employees were a substantial inducement for the City to enter into this Agreement. Therefore, Vendor shall not contract with any other entity to perform in whole or in part the services required hereunder without the express written approval of the City. In addition, neither this Agreement nor any interest herein may be transferred, assigned, conveyed, hypothecated or encumbered voluntarily or by operation of law, whether for the benefit of creditors or otherwise, without the prior written approval of City. Transfers restricted hereunder shall include the transfer to any person or group of persons acting in concert of more than twenty five percent (25%) of the present ownership and/or control of Vendor, taking all transfers into account on a cumulative basis. In the event of any such unapproved transfer, including any bankruptcy proceeding, this Agreement shall be void. No approved transfer shall release the Vendor or any surety of Vendor of any liability hereunder without the express consent of City.

ARTICLE 5. INSURANCE AND INDEMNIFICATION
Exhibit A: Sample Agreement
City of Glendora Page 22 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

5.1 Insurance Coverages.

Without limiting Vendor’s indemnification of City, and prior to commencement of any services under this Agreement, Vendor shall obtain, provide and maintain at its sole cost and expense during the Term of this Agreement, policies of insurance of the type and amounts described below and in a form satisfactory to City. (a) General Liability Insurance. Vendor shall maintain commercial general liability insurance with coverage at least as broad as Insurance Services Office form CG 00 01, in an amount not less than $1,000,000 per occurrence, $2,000,000 general aggregate, for bodily injury, personal injury, and property damage, including without limitation, blanket contractual liability. The policy must include contractual liability that has not been amended. Any endorsement restricting standard ISO “insured contract” language will not be accepted. (b) Automobile Liability Insurance. Vendor shall maintain automobile insurance at least as broad as Insurance Services Office form CA 00 01 covering bodily injury and property damage for all activities of the Vendor arising out of or in connection with the services to be performed under this Agreement, including coverage for any owned, hired, non-owned or rented vehicles, in an amount not less than $1,000,000 combined single limit for each accident.
(c) Professional Liability (errors & omissions) Insurance. Vendor shall maintain professional liability insurance that covers the Services to be performed in connection with this Agreement, in the minimum amount of $1,000,000 per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this Agreement and Vendor agrees to maintain continuous coverage through a period no less than three (3) years after completion of the services required by this Agreement. (d) Workers’ Compensation Insurance. Vendor shall maintain Workers’ Compensation Insurance (Statutory Limits) and Employer’s Liability Insurance (with limits of at least $1,000,000). (e) Subcontractors. Vendor shall include all subcontractors as insureds under its policies or shall furnish separate certificates and certified endorsements for each subcontractor. All coverages for subcontractors shall include all of the requirements stated herein. (f) Additional Insurance. Policies of such other insurance, as may be required in the Special Requirements in Exhibit “B”.

5.2 General Insurance Requirements.
(a) Proof of Insurance. Vendor shall provide certificates of insurance to City as evidence of the insurance coverage required herein, along with a waiver of subrogation endorsement for workers’ compensation. Insurance certificates and endorsements must be approved by City’s Risk Manager prior to commencement of performance. Current certification of insurance shall be kept on file with City at all times during the Term of this Agreement. City reserves the right to require complete, certified copies of all required insurance policies, at any time.
(b) Duration of Coverage. Vendor shall procure and maintain for the duration of this Agreement insurance against claims for injuries to persons or damages to property, which may arise from or in connection with the performance of the Services hereunder by Vendor, its agents, representatives, employees or subVendors.
(c) Primary/Noncontributing. Coverage provided by Vendor shall be primary and any insurance or self-insurance procured or maintained by City shall not be required to contribute with it. The limits of insurance required herein may be satisfied by a combination of primary and umbrella or excess insurance. Any umbrella or excess insurance shall contain or be endorsed to contain a provision that such coverage shall also Exhibit A: Sample Agreement
City of Glendora Page 23 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services apply on a primary and non-contributory basis for the benefit of City before the City’s own insurance or selfinsurance shall be called upon to protect it as a named insured. (d) City’s Rights of Enforcement. In the event any policy of insurance required under this Agreement does not comply with these specifications or is canceled and not replaced, City has the right but not the duty to obtain the insurance it deems necessary and any premium paid by City will be promptly reimbursed by Vendor or City will withhold amounts sufficient to pay premium from Vendor payments. In the alternative, City may cancel this Agreement.
(e) Acceptable Insurers. All insurance policies shall be issued by an insurance company currently authorized by the Insurance Commissioner to transact business of insurance or that is on the List of Approved Surplus Line Insurers in the State of California, with an assigned policyholders’ Rating of A- (or higher) and Financial Size Category Class VI (or larger) in accordance with the latest edition of Best’s Key Rating Guide, unless otherwise approved by the City’s Risk Manager.
(f) Waiver of Subrogation. All insurance coverage maintained or procured pursuant to this agreement shall be endorsed to waive subrogation against City, its elected or appointed officers, agents, officials, employees and volunteers or shall specifically allow Vendor or others providing insurance evidence in compliance with these specifications to waive their right of recovery prior to a loss. Vendor hereby waives its own right of recovery against City, and shall require similar written express waivers and insurance clauses from each of its subVendors.
(g) Enforcement of Contract Provisions (non-estoppel). Vendor acknowledges and agrees that any actual or alleged failure on the part of the City to inform Vendor of non-compliance with any requirement imposes no additional obligations on the City nor does it waive any rights hereunder. (h) Requirements not Limiting. Requirements of specific coverage features or limits contained in this section are not intended as a limitation on coverage, limits or other requirements, or a waiver of any coverage normally provided by any insurance. Specific reference to a given coverage feature is for purposes of clarification only as it pertains to a given issue and is not intended by any party or insured to be all inclusive, or to the exclusion of other coverage, or a waiver of any type. If the Vendor maintains higher limits than the minimums shown above, the City requires and shall be entitled to coverage for the higher limits maintained by the Vendor. Any available insurance proceeds in excess of the specified minimum limits of insurance and coverage shall be available to the City.
(i) Notice of Cancellation. Vendor agrees to oblige its insurance agent or broker and insurers to provide to City with a thirty (30) day notice of cancellation (except for nonpayment for which a ten (10) day notice is required) or nonrenewal of coverage for each required coverage. (j) Additional Insured Status. General liability and automobile policies shall provide or be endorsed to provide that City and its officers, officials, employees, and agents, and volunteers shall be additional insureds under such policies. This provision shall also apply to any excess/umbrella liability policies. (k) Prohibition of Undisclosed Coverage Limitations. None of the coverages required herein will be in compliance with these requirements if they include any limiting endorsement of any kind that has not been first submitted to City and approved by the City in writing. (l) Separation of Insureds. A severability of interests provision must apply for all additional insureds ensuring that Vendor’s insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the insurer’s limits of liability. The policy(ies) shall not contain any crossliability exclusions.

Exhibit A: Sample Agreement
City of Glendora Page 24 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services (m) Pass Through Clause. Vendor agrees to ensure that its subVendors, subcontractors, and any other party involved with the services who is brought onto or involved in the services by Vendor, provide the same minimum insurance coverage and endorsements required of Vendor. Vendor agrees to monitor and review all such coverage and assumes all responsibility for ensuring that such coverage is provided in conformity with the requirements of this section. Vendor agrees that upon request, all agreements with Vendors, subcontractors, and others engaged in the services will be submitted to City for review. (n) City’s Right to Revise Specifications. The City reserves the right at any time during the Term of this Agreement to change the amounts and types of insurance required by giving the Vendor ninety (90) days advance written notice of such change. If such change results in substantial additional cost to the Vendor, the City and Vendor may renegotiate Vendor’s compensation. (o) Deductibles / Self-insured Retentions. Any deductibles and self-insured retentions must be declared to and approved by City. At the option of the City, either: the insurer shall reduce or eliminate such deductibles or self-insured retentions with respect to the City, it officers, officials, employees, agents and volunteers, or the Vendor shall provide a financial guarantee satisfactory to the city guaranteeing payment of losses and related investigations, claims administration and defense expense. (p) Timely Notice of Claims. Vendor shall give City prompt and timely notice of claims made or suits instituted that arise out of or result from Vendor’s performance under this Agreement, and that involve or may involve coverage under any of the required liability policies. (q) Additional Insurance. Vendor shall also procure and maintain, at its own cost and expense, any additional kinds of insurance, which in its own judgment may be necessary for its proper protection and prosecution of the work.

5.3 Indemnification.

To the full extent permitted by law, Vendor agrees to indemnify, defend and hold harmless the City, its officers, employees and agents (“Indemnified Parties”) against, and will hold and save them and each of them harmless from, any and all actions, either judicial, administrative, arbitration or regulatory claims, damages to persons or property, losses, costs, penalties, obligations, errors, omissions or liabilities whether actual or threatened (herein “claims or liabilities”) that may be asserted or claimed by any person, firm or entity arising out of or in connection with the negligent performance of the work, operations or activities provided herein of Vendor, its officers, employees, agents, subcontractors, or invitees, or any individual or entity for which Vendor is legally liable (“indemnitors”), or arising from Vendor’s or indemnitors’ reckless or willful misconduct, or arising from Vendor’s or indemnitors’ negligent performance of or failure to perform any term, provision, covenant or condition of this Agreement, and in connection therewith:
(a) Vendor will defend any action or actions filed in connection with any of said claims or liabilities and will pay all costs and expenses, including legal costs and attorneys’ fees incurred in connection therewith;
(b) Vendor will promptly pay any judgment rendered against the City, its officers, agents or employees for any such claims or liabilities arising out of or in connection with the negligent performance of or failure to perform such work, operations or activities of Vendor hereunder; and Vendor agrees to save and hold the City, its officers, agents, and employees harmless therefrom; (c) In the event the City, its officers, agents or employees is made a party to any action or proceeding filed or prosecuted against Vendor for such damages or other claims arising out of or in connection with the negligent performance of or failure to perform the work, operation or activities of Vendor hereunder, Vendor agrees to pay to the City, its officers, agents or employees, any and all costs and expenses incurred by the City, its officers, agents or employees in such action or proceeding, including but not limited to, legal costs and attorneys’ fees.

Exhibit A: Sample Agreement
City of Glendora Page 25 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services (d) Vendor shall incorporate similar indemnity agreements with its subcontractors and if it fails to do so Vendor shall be fully responsible to indemnify City hereunder therefore, and failure of City to monitor compliance with these provisions shall not be a waiver hereof. This indemnification includes claims or liabilities arising from any negligent or wrongful act, error or omission, or reckless or willful misconduct of Vendor in the performance of professional services hereunder. The provisions of this Section do not apply to claims or liabilities occurring as a result of City’s sole negligence or willful acts or omissions, but, to the fullest extent permitted by law, shall apply to claims and liabilities resulting in part from City’s negligence, except that design professionals’ indemnity hereunder shall be limited to claims and liabilities arising out of the negligence, recklessness or willful misconduct of the design professional. The indemnity obligation shall be binding on successors and assigns of Vendor and shall survive termination of this Agreement.

ARTICLE 6. RECORDS, REPORTS, AND RELEASE OF INFORMATION

6.1 Records.

Vendor shall keep, and require subcontractors to keep, such ledgers, books of accounts, invoices, vouchers, canceled checks, reports, studies or other documents relating to the disbursements charged to City and services performed hereunder (the “books and records”), as shall be necessary to perform the services required by this Agreement and enable the Contract Officer to evaluate the performance of such services. Any and all such documents shall be maintained in accordance with generally accepted accounting principles and shall be complete and detailed. The Contract Officer shall have full and free access to such books and records at all times during normal business hours of City, including the right to inspect, copy, audit and make records and transcripts from such records. Such records shall be maintained for a period of three (3) years following completion of the services hereunder, and the City shall have access to such records in the event any audit is required. In the event of dissolution of Vendor’s business, custody of the books and records may be given to City, and access shall be provided by Vendor’s successor in interest. Notwithstanding the above, the Vendor shall fully cooperate with the City in providing access to the books and records if a public records request is made and disclosure is required by law including but not limited to the California Public Records Act.

6.2 Reports.

Vendor shall periodically prepare and submit to the Contract Officer such reports concerning the performance of the services required by this Agreement as the Contract Officer shall require. Vendor hereby acknowledges that the City is greatly concerned about the cost of work and services to be performed pursuant to this Agreement. For this reason, Vendor agrees that if Vendor becomes aware of any facts, circumstances, techniques, or events that may or will materially increase or decrease the cost of the work or services contemplated herein or, if Vendor is providing design services, the cost of the project being designed, Vendor shall promptly notify the Contract Officer of said fact, circumstance, technique or event and the estimated increased or decreased cost related thereto and, if Vendor is providing design services, the estimated increased or decreased cost estimate for the project being designed.

6.3 Ownership of Documents.

All drawings, specifications, maps, designs, photographs, studies, surveys, data, notes, computer files, reports, records, documents and other materials (the “documents and materials”) prepared by Vendor, its employees, subcontractors and agents in the performance of this Agreement shall be the property of City and shall be delivered to City upon request of the Contract Officer or upon the termination of this Agreement, and Vendor shall have no claim for further employment or additional compensation as a result of the exercise by City of its full rights of ownership use, reuse, or assignment of the documents and materials hereunder. Any use, reuse or assignment of such completed documents for other projects and/or use of uncompleted documents without specific written authorization by the Vendor will be at the City’s sole risk and without liability to Vendor, and Vendor’s guarantee and warranties shall not extend to such use, reuse or assignment. Vendor may retain copies Exhibit A: Sample Agreement
City of Glendora Page 26 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services of such documents for its own use. Vendor shall have the right to use the concepts embodied therein. All subcontractors shall provide for assignment to City of any documents or materials prepared by them, and in the event Vendor fails to secure such assignment, Vendor shall indemnify City for all damages resulting therefrom.

Moreover, Vendor with respect to any documents and materials that may qualify as “works made for hire” as defined in 17 U.S.C. § 101, such documents and materials are hereby deemed “works made for hire” for the City.

6.4 Confidentiality and Release of Information.
(a) All information gained or work product produced by Vendor in performance of this Agreement shall be considered confidential, unless such information is in the public domain or already known to Vendor. Vendor shall not release or disclose any such information or work product to persons or entities other than City without prior written authorization from the Contract Officer. (b) Vendor, its officers, employees, agents or subcontractors, shall not, without prior written authorization from the Contract Officer or unless requested by the City Attorney, voluntarily provide documents, declarations, letters of support, testimony at depositions, response to interrogatories or other information concerning the work performed under this Agreement. Response to a subpoena or court order shall not be considered “voluntary” provided Vendor gives City notice of such court order or subpoena. (c) If Vendor, or any officer, employee, agent or subcontractor of Vendor, provides any information or work product in violation of this Agreement, then City shall have the right to reimbursement and indemnity from Vendor for any damages, costs and fees, including attorney’s fees, caused by or incurred as a result of Vendor’s conduct.
(d) Vendor shall promptly notify City should Vendor, its officers, employees, agents or subcontractors be served with any summons, complaint, subpoena, notice of deposition, request for documents, interrogatories, request for admissions or other discovery request, court order or subpoena from any party regarding this Agreement and the work performed there under. City retains the right, but has no obligation, to represent Vendor or be present at any deposition, hearing or similar proceeding. Vendor agrees to cooperate fully with City and to provide City with the opportunity to review any response to discovery requests provided by Vendor. However, this right to review any such response does not imply or mean the right by City to control, direct, or rewrite said response.

ARTICLE 7. ENFORCEMENT OF AGREEMENT AND TERMINATION

7.1 California Law.

This Agreement shall be interpreted, construed and governed both as to validity and to performance of the Parties in accordance with the laws of the State of California. Legal actions concerning any dispute, claim or matter arising out of or in relation to this Agreement shall be instituted in the Superior Court of the County of Los Angeles, State of California, or any other appropriate court in such county, and Vendor covenants and agrees to submit to the personal jurisdiction of such court in the event of such action. In the event of litigation in a U.S.

District Court, venue shall lie exclusively in the Central District of California, in the County of Los Angeles, State of California.

7.2 Disputes; Default.

In the event that Vendor is in default under the terms of this Agreement, the City shall not have any obligation or duty to continue compensating Vendor for any work performed after the date of default. Instead, the City may give notice to Vendor of the default and the reasons for the default. The notice shall include the timeframe in which Vendor may cure the default. This timeframe is presumptively thirty (30) days, but may be extended, though not reduced, if circumstances warrant, as determined by the Contract Officer. The cure period Exhibit A: Sample Agreement
City of Glendora Page 27 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services may run concurrently with the termination period as provided in Section 7.7, if the option to cure in the alternative to termination. During the period of time that Vendor is in default, the City shall hold all invoices and shall, when the default is cured, proceed with payment on the invoices. In the alternative, the City may, in its sole discretion, elect to pay some or all of the outstanding invoices during the period of default. If Vendor does not cure the default, the City may take necessary steps to terminate this Agreement under this Article. Any failure on the part of the City to give notice of the Vendor’s default shall not be deemed to result in a waiver of the City’s legal rights or any rights arising out of any provision of this Agreement.

7.3 Retention of Funds.

Vendor hereby authorizes City to deduct from any amount payable to Vendor (whether or not arising out of this Agreement) (i) any amounts the payment of which may be in dispute hereunder or which are necessary to compensate City for any losses, costs, liabilities, or damages suffered by City, and (ii) all amounts for which City may be liable to third parties, by reason of Vendor’s acts or omissions in performing or failing to perform Vendor’s obligation under this Agreement. In the event that any claim is made by a third party, the amount or validity of which is disputed by Vendor, or any indebtedness shall exist which shall appear to be the basis for a claim of lien, City may withhold from any payment due, without liability for interest because of such withholding, an amount sufficient to cover such claim. The failure of City to exercise such right to deduct or to withhold shall not, however, affect the obligations of the Vendor to insure, indemnify, and protect City as elsewhere provided herein.

7.4 Waiver.

Waiver by any Party to this Agreement of any term, condition, or covenant of this Agreement shall not constitute a waiver of any other term, condition, or covenant. Waiver by any Party of any breach of the provisions of this Agreement shall not constitute a waiver of any other provision or a waiver of any subsequent breach or violation of any provision of this Agreement. Acceptance by City of any work or services by Vendor shall not constitute a waiver of any of the provisions of this Agreement. No delay or omission in the exercise of any right or remedy by a non-defaulting Party on any default shall impair such right or remedy or be construed as a waiver.

Any waiver by either Party of any default must be in writing and shall not be a waiver of any other default concerning the same or any other provision of this Agreement.

7.5 Rights and Remedies are Cumulative.

Except with respect to rights and remedies expressly declared to be exclusive in this Agreement, the rights and remedies of the Parties are cumulative and the exercise by either Party of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the other Party.

7.6 Legal Action.

In addition to any other rights or remedies, either Party may take legal action, in law or in equity, to cure, correct or remedy any default, to recover damages for any default, to compel specific performance of this Agreement, to obtain declaratory or injunctive relief, or to obtain any other remedy consistent with the purposes of this Agreement. Notwithstanding any contrary provision herein, Vendor shall file a statutory claim pursuant to Government Code Sections 905 et seq. and 910 et seq., in order to pursue a legal action under this Agreement.

7.7 Termination Prior to Expiration of Term.

This Section shall govern any termination of this Agreement except as specifically provided in the following Section for termination for cause. The City reserves the right to terminate this Agreement at any time, with or without cause, upon thirty (30) days’ written notice to Vendor, except that where termination is due to the Exhibit A: Sample Agreement
City of Glendora Page 28 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services fault of the Vendor, the period of notice may be such shorter time as may be determined by the Contract Officer.

In addition, the Vendor reserves the right to terminate this Agreement at any time, with or without cause, upon sixty (60) days’ written notice to City, except that where termination is due to the fault of the City, the period of notice may be such shorter time as the Vendor may determine. Upon receipt of any notice of termination, Vendor shall immediately cease all services hereunder except such as may be specifically approved by the Contract Officer. Except where the Vendor has initiated termination, the Vendor shall be entitled to compensation for all services rendered prior to the effective date of the notice of termination and for any services authorized by the Contract Officer thereafter in accordance with the Schedule of Compensation or such as may be approved by the Contract Officer, except as provided in Section 7.3. In the event the Vendor has initiated termination, the Vendor shall be entitled to compensation only for the reasonable value of the work product actually produced hereunder.

In the event of termination without cause pursuant to this Section, the terminating party need not provide the nonterminating party with the opportunity to cure pursuant to Section 7.2.

7.8 Termination for Default of Vendor.

If termination is due to the failure of the Vendor to fulfill its obligations under this Agreement, City may, after compliance with the provisions of Section 7.2, take over the work and prosecute the same to completion by contract or otherwise, and the Vendor shall be liable to the extent that the total cost for completion of the services required hereunder exceeds the compensation herein stipulated (provided that the City shall use reasonable efforts to mitigate such damages), and City may withhold any payments to the Vendor for the purpose of set-off or partial payment of the amounts owed the City as previously stated.

7.9 Attorneys’ Fees.

If either Party to this Agreement is required to initiate or defend or made a party to any action or proceeding in any way connected with this Agreement, the prevailing party in such action or proceeding, in addition to any other relief which may be granted, whether legal or equitable, shall be entitled to reasonable attorney’s fees. Attorney’s fees shall include attorneys’ fees on any appeal, and in addition a Party entitled to attorneys’ fees shall be entitled to all other reasonable costs for investigating such action, taking depositions and discovery and all other necessary costs the court allows which are incurred in such litigation. All such fees shall be deemed to have accrued on commencement of such action and shall be enforceable whether or not such action is prosecuted to judgment.

ARTICLE 8. CITY OFFICERS AND EMPLOYEES: NON-DISCRIMINATION

8.1 Non-liability of City Officers and Employees.

No officer or employee of the City shall be personally liable to the Vendor, or any successor in interest, in the event of any default or breach by the City or for any amount which may become due to the Vendor or to its successor, or for breach of any obligation of the terms of this Agreement.

8.2 Conflict of Interest.

Vendor covenants that neither it, nor any officer or principal of its firm, has or shall acquire any interest, directly or indirectly, which would conflict in any manner with the interests of City or which would in any way hinder Vendor’s performance of services under this Agreement. Vendor further covenants that in the performance of this Agreement, no person having any such interest shall be employed by it as an officer, employee, agent or subcontractor without the express written consent of the Contract Officer. Vendor agrees to at all times avoid conflicts of interest or the appearance of any conflicts of interest with the interests of City in the performance of this Agreement.

Exhibit A: Sample Agreement
City of Glendora Page 29 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services No officer or employee of the City shall have any financial interest, direct or indirect, in this Agreement nor shall any such officer or employee participate in any decision relating to this Agreement which affects her/his financial interest or the financial interest of any corporation, partnership or association in which (s)he is, directly or indirectly, interested, in violation of any State statute or regulation. The Vendor warrants that it has not paid or given and will not pay or give any third party any money or other consideration for obtaining this Agreement.

8.3 Covenant Against Discrimination.

Vendor covenants that, by and for itself, its heirs, executors, assigns, and all persons claiming under or through them, that there shall be no discrimination against or segregation of, any person or group of persons on account of race, color, creed, religion, sex, gender, sexual orientation, marital status, national origin, ancestry or other protected class in the performance of this Agreement. Vendor shall take affirmative action to insure that applicants are employed and that employees are treated during employment without regard to their race, color, creed, religion, sex, gender, sexual orientation, marital status, national origin, ancestry or other protected class.

8.4 Unauthorized Aliens.

Vendor hereby promises and agrees to comply with all of the provisions of the Federal Immigration and Nationality Act, 8 U.S.C. § 1101 et seq., as amended, and in connection therewith, shall not employ unauthorized aliens as defined therein. Should Vendor so employ such unauthorized aliens for the performance of work and/or services covered by this Agreement, and should any liability or sanctions be imposed against City for such use of unauthorized aliens, Vendor hereby agrees to and shall reimburse City for the cost of all such liabilities or sanctions imposed, together with any and all costs, including attorneys’ fees, incurred by City.

ARTICLE 9. MISCELLANEOUS PROVISIONS

9.1 Notices.

Any notice, demand, request, document, consent, approval, or communication either Party desires or is required to give to the other Party or any other person shall be in writing and either served personally or sent by prepaid, first-class mail, in the case of the City, to the City Manager and to the attention of the Contract Officer (with her/his name and City title), City of Glendora, 116 E. Foothill Blvd., Glendora, California 91741-3380, and in the case of the Vendor, to the person(s) at the address designated on the execution page of this Agreement.

Either Party may change its address by notifying the other Party of the change of address in writing. Notice shall be deemed communicated at the time personally delivered or in seventy-two (72) hours from the time of mailing if mailed as provided in this Section.

9.2 Interpretation.

The terms of this Agreement shall be construed in accordance with the meaning of the language used and shall not be construed for or against either Party by reason of the authorship of this Agreement or any other rule of construction which might otherwise apply.

9.3 Counterparts.

This Agreement may be executed in counterparts, each of which shall be deemed to be an original, and such counterparts shall constitute one and the same instrument. Each of the parties intend to be bound by the signatures on any telecopied, .pdf or other electronically delivered document, and are aware that the other party will rely on the telecopied, .pdf or other electronically delivered signatures, and hereby waive any defenses to the enforcement of the terms of this Agreement based on the form of signature.

9.4 Integration; Amendment.

Exhibit A: Sample Agreement
City of Glendora Page 30 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services This Agreement including the attachments hereto is the entire, complete and exclusive expression of the understanding of the Parties. It is understood that there are no oral agreements between the Parties hereto affecting this Agreement and this Agreement supersedes and cancels any and all previous negotiations, arrangements, agreements and understandings, if any, between the Parties, and none shall be used to interpret this Agreement.

No amendment to or modification of this Agreement shall be valid unless made in writing and approved by the Vendor and by the City Council. The Parties agree that this requirement for written modifications cannot be waived and that any attempted waiver shall be void.

9.5 Severability.

In the event that any one or more of the phrases, sentences, clauses, paragraphs, or sections contained in this Agreement shall be declared invalid or unenforceable by a valid judgment or decree of a court of competent jurisdiction, such invalidity or unenforceability shall not affect any of the remaining phrases, sentences, clauses, paragraphs, or sections of this Agreement which are hereby declared as severable and shall be interpreted to carry out the intent of the Parties hereunder unless the invalid provision is so material that its invalidity deprives either Party of the basic benefit of their bargain or renders this Agreement meaningless.

9.6 Warranty & Representation of Non-Collusion.

No official, officer, or employee of City has any financial interest, direct or indirect, in this Agreement, nor shall any official, officer, or employee of City participate in any decision relating to this Agreement which may affect his/her financial interest or the financial interest of any corporation, partnership, or association in which (s)he is directly or indirectly interested, or in violation of any corporation, partnership, or association in which (s)he is directly or indirectly interested, or in violation of any State or municipal statute or regulation. The determination of “financial interest” shall be consistent with State law and shall not include interests found to be “remote” or “noninterests” pursuant to Government Code Sections 1091 or 1091.5. Vendor warrants and represents that it has not paid or given, and will not pay or give, to any third party including, but not limited to, any City official, officer, or employee, any money, consideration, or other thing of value as a result or consequence of obtaining or being awarded any agreement. Vendor further warrants and represents that (s)he/it has not engaged in any act(s), omission(s), or other conduct or collusion that would result in the payment of any money, consideration, or other thing of value to any third party including, but not limited to, any City official, officer, or employee, as a result of consequence of obtaining or being awarded any agreement. Vendor is aware of and understands that any such act(s), omission(s) or other conduct resulting in such payment of money, consideration, or other thing of value will render this Agreement void and of no force or effect.

Vendor’s Authorized Initials ___________________
(Name, Title)

9.7 Authority.

The persons executing this Agreement on behalf of the Parties hereto warrant that (i) such Party is duly organized and existing, (ii) they are duly authorized to execute and deliver this Agreement on behalf of said Party, (iii) by so executing this Agreement, such Party is formally bound to the provisions of this Agreement, and (iv) that entering into this Agreement does not violate any provision of any other agreement to which said Party is bound. This Agreement shall be binding upon the heirs, executors, administrators, successors and assigns of the Parties.
[SIGNATURES APPEAR ON THE FOLLOWING PAGE]
Exhibit A: Sample Agreement
City of Glendora Page 31 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services IN WITNESS WHEREOF, the Parties hereto have executed this Agreement on the date and year first-above written.

CITY:

CITY OF GLENDORA, a municipal corporation
Adam Raymond
City Manager
APPROVED AS TO FORM: CERTIFY AVAILABILITY OF FUNDS:

ALESHIRE & WYNDER, LLP
Danny Aleshire
City Attorney
Kyle Johnson
Finance Director/City Treasurer
ATTEST:

Kathleen R. Sessman
City Clerk/Communications Director
VENDOR:
(INSERT COMPANY NAME)
Name:(Insert Name),
Title: (Insert Title)
Email Address:

Name:(Insert Name)
Title: (Insert Title)
Email Address:

Address: Including City, State, Zip
Two corporate officer signatures required when Vendor is a corporation, with one signature required from each of the following groups: 1) Chairman of the Board, President or any Vice President; and 2) Secretary, any Assistant Secretary, Chief Financial Officer or any Assistant Treasurer. VENDOR’S SIGNATURES SHALL BE DULY NOTARIZED UNLESS EXECUTED UTILIZING DOCUSIGN. IN ADDITION, THE APPROPRIATE ATTESTATIONS

SHALL BE INCLUDED AS MAY BE REQUIRED BY THE BYLAWS, ARTICLES OF INCORPORATION, OR OTHER RULES OR REGULATIONS APPLICABLE TO VENDOR’S BUSINESS ENTITY.

Exhibit A: Sample Agreement
City of Glendora Page 32 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT

STATE OF CALIFORNIA

COUNTY OF LOS ANGELES
On __________, 202__ before me, ________________, personally appeared ________________, proved to me on the basis of satisfactory evidence to be the person(s) whose names(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.
nature: _____________________________________

OPTIONAL
Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form

CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT

INDIVIDUAL

CORPORATE OFFICER
_______________________________

TITLE(S)

PARTNER(S) LIMITED

GENERAL

ATTORNEY-IN-FACT

TRUSTEE(S)

GUARDIAN/CONSERVATOR
OTHER____________________________
___
______________________________________
SIGNER IS REPRESENTING:
(NAME OF PERSON(S) OR ENTITY(IES))
_________________________________________
____
_________________________________________
____
___________________________________

TITLE OR TYPE OF DOCUMENT
___________________________________

NUMBER OF PAGES
___________________________________

DATE OF DOCUMENT
___________________________________

SIGNER(S) OTHER THAN NAMED ABOVE
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy or validity of that document.

Exhibit A: Sample Agreement
City of Glendora Page 33 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services

CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT

STATE OF CALIFORNIA

COUNTY OF LOS ANGELES
On __________, 202_ before me, ________________, personally appeared ________________, proved to me on the basis of satisfactory evidence to be the person(s) whose names(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.
nature: _____________________________________

OPTIONAL
Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form.

CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT

INDIVIDUAL

CORPORATE OFFICER
_______________________________

TITLE(S)

PARTNER(S) LIMITED

GENERAL

ATTORNEY-IN-FACT

TRUSTEE(S)

GUARDIAN/CONSERVATOR
OTHER____________________________
___
______________________________________
SIGNER IS REPRESENTING:
(NAME OF PERSON(S) OR ENTITY(IES))
_________________________________________
____
_________________________________________
____
___________________________________

TITLE OR TYPE OF DOCUMENT
___________________________________

NUMBER OF PAGES
___________________________________

DATE OF DOCUMENT
___________________________________

SIGNER(S) OTHER THAN NAMED ABOVE
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy or validity of that document.

Exhibit A: Sample Agreement
City of Glendora Page 34 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services EXHIBIT “A”

SCOPE OF SERVICES
I. Vendor will perform the following services:

A.

II. As part of the services, Vendor will prepare and deliver the following tangible work products to the City:

A.

III. In addition to the requirements of Section 6.2, during performance of the services, Vendor will keep the City appraised of the status of performance by delivering the following status reports:

A.

IV. All work product is subject to review and acceptance by the City, and must be revised by the Vendor without additional charge to the City until found satisfactory and accepted by City.

V. Vendor will utilize the following personnel to accomplish the services:

A.

Exhibit A: Sample Agreement
City of Glendora Page 35 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services EXHIBIT “B”

SPECIAL REQUIREMENTS
(Superseding Contract Boilerplate)
Added text is indicated in bold italics, deleted text is indicated in strikethrough.

I.

II.

Exhibit A: Sample Agreement
City of Glendora Page 36 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services EXHIBIT “C”

SCHEDULE OF COMPENSATION
I. Vendor shall perform the following tasks at the following rates:

DESCRIPTION RATE TIME SUB-BUDGET
A. __________ __________ __________ __________
B. __________ __________ __________ __________
C. __________ __________ __________ __________
D. __________ __________ __________ __________
III. Within the budgeted amounts for each Task, and with the approval of the Contract Officer, funds may be shifted from one Task subbudget to another so long as the Contract Sum is not exceeded per Section 2.1, unless Additional Services are approved per Section 1.9.

IV. The City will compensate Vendor for the services performed upon submission of a valid invoice. Each invoice is to include:

A. Line items for all personnel describing the work performed, the number of hours worked, and the hourly rate.

B. Line items for all materials and equipment properly charged to the Services.

C. Line items for all other approved reimbursable expenses claimed, with supporting documentation.

D. Line items for all approved subcontractor labor, supplies, equipment, materials, and travel properly charged to the Services.

V. The total compensation for the Services shall not exceed the Contract Sum as provided in Section 2.1 of this Agreement.

VI. The Vendor’s billing rates for all personnel are attached as Exhibit “C-1”.[NEED TO INCLUDE ATTACHMENT]
Exhibit A: Sample Agreement
City of Glendora Page 37 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services EXHIBIT “D”

SCHEDULE OF PERFORMANCE
I. Vendor shall perform all services timely in accordance with the following schedule:

Description Days to Perform Deadline Date
A. [Task A] ______________ ______________
B. [Task B] ______________ ______________
C. [Task C] ______________ ______________
II. Vendor shall deliver the following tangible work products to the City by the following dates.

A.

B.

C.

III. The Contract Officer may approve extensions for performance of the services in accordance with Section 3.2.

The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 38 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Exhibit B: Agreement Exceptions Summary
Mark the appropriate choice, below:

Vendors accepts the PSA without
exception. OR
Vendors proposes exceptions to the PSA.

Summarize all exceptions on a separate document. Enclose a written summary of each change and title as “Exception Summary”, which shall include the Vendors’ rationale for proposing each such exception. Each exception must be labeled with the Section number in the PSA. Failure to properly reference exceptions in the submitted summary may deem the response as non-responsive.

Signature
Printed Name
Title
Date
Must be included in final RFP submittal.

The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 39 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Exhibit C: Acknowledgement of Insurance Requirements
And
Certification of Ability to Provide and Maintain Coverage Specified I, the
(President, Secretary, Manager, Owner or Representative) of , certify that the
(Name of Company, Corporation or Owner)
Specifications and General Provisions regarding insurance requirements as stated within the Professional Services Agreement (PSA), for the Purchase Contract designated Request for Proposal (“RFP”) for Fire Suppression Systems Maintenance have been read and understood and that our Vendors is able to provide and maintain the coverage as specified in the PSA. Failure to provide said coverage, upon request to finalize the PSA prior to award shall be sufficient cause for immediate disqualification of award.

Failure to maintain said coverage shall result in termination of the contract.

Signature
Printed Name
Title
Date
Must be included in final RFP submittal.

The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 40 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Exhibit D: Addendum Acknowledgement
The Vendors hereby acknowledges the following Addenda Number(s) to this RFP have been received, if any. Vendors understands failure to acknowledge any addenda issued may cause the RFP response to be considered non-responsive. It is the Vendors’ responsibility to log into the Planet Bids System to identify and download the number of addenda that have been posted. 



Signature
Printed Name
Title
Date
Must be included in final RFP submittal.

The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 41 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Exhibit E: References Worksheet
The following References Worksheet must be complete, please do not mark “See Attached”. Provide a minimum of four (4) clients that are similar in size to the City that your company has conducted comparable or like services.

Preferred references should be government agencies and be a current customer within the past three (3) years.

Please verify accuracy of contact information.

Reference 1
Company Name
Contact Name and Title
Company Address
Contact Telephone Number
Contact Email
Description of Comparative Services and
Project Cost (please be specific)
Reference 2
Company Name
Contact Name and Title
Company Address
Contact Telephone Number
Contact Email
Description of Comparative Services and
Project Cost (please be specific)
The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 42 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Reference 3
Company Name
Contact Name and Title
Company Address
Contact Telephone Number
Contact Email
Description of Comparative Services and
Project Cost (please be specific)
Reference 4
Company Name
Contact Name and Title
Company Address
Contact Telephone Number
Contact Email
Description of Comparative Services and
Project Cost (please be specific)
Must be included in final RFP submittal.

The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 43 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Exhibit F: Signature of Authority
The undersigned firm declares that he has carefully examined the specifications and read the above terms and conditions, and hereby proposes and agrees, if this RFP response is accepted, to furnish all material in accordance with the specifications and instructions, in the time and manner therein prescribed for the unit cost amounts set forth in the RFP response.

THE VENDOR IN SUBMITTING THIS RFP RESPONSE MUST FILL IN THE FOLLOWING INFORMATION.

FAILURE TO DO SO MAY DEEM YOUR RFP RESPONSE AS NON-RESPONSIVE.

Company Name: Address:
(Street, Suite # City, State, Zip)
Telephone #:

Fax #:

E-mail address: Web Address:

Authorized Representative: (print) Title:

Signature: Date:

Must be included in final RFP submittal.

The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 44 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Exhibit G: Inventory of Facilities
Location Address
American Legion Building 159 N. Cullen Ave
Big Dalton Canyon Campground Building 3000 Big Dalton Canyon Rd Big Dalton Day Camp / Picnic Area / Restrooms 2041 Big Dalton Canyon Rd Carly E Linder Equestrian Center 1000 N. Glendora Mountain Rd Centennial Heritage Park / House / Workshop / Printshop 725 E. Mauna Loa Ave Chamber of Commerce building 224 N. Glendora Ave
City Hall 116 E. Foothill Blvd
Crowther Teen Center 241 W. Dawson Ave
Finkbiner / storage / Game checkout stand / Restrooms 160 N Wabash Ave Gladstone Park Restroom 600 E. Gladstone Ave
Historical Museum 314 N. Glendora Ave
La Fetra Expansion Center 333 E. Foothill Blvd
La Fetra Historical 333 E. Foothill Blvd
Larry R. Glenn Bandshell 181 N. Cullen Ave
Liberty House / Restroom 181 N. Cullen Ave
Library 140 S. Glendora Ave
Lobb Field Snack bar / Restrooms 160 N Wabash Ave
Louie Pompei Snack bar / Equipment Storage / Restrooms 1100 S. Valley Center Ave Off Site Water Yard 625 Hidden Valley Dr. Azusa
Parks Yard 1636 Compromise Line Rd
Police department 150 S. Glendora Ave
Public Works Yard 1250 Saint Vladimir St
Scoutt Hut 435 E. Dalton Ave
Transportation Center 410 E. Dalton Ave
Water Department Off Site Wells 1051 E. Sierra Madre Ave Water Yard 1051 E. Sierra Madre Ave
Youth Center 437 E. Dalton Ave
The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 45 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Exhibit H: Cost Proposal
Section 1: Semi-Annual Fire Protection System Maintenance Kitchen Hood Systems - Semi-Annual testing per NFPA 96 & 72 Item
No. Location Item Description Qty. Unit Unit Cost Total 1 American Legion Building Ansul system R-102
Wet Chemical 1 EA
2 La Fetra Expansion Center Ansul system R-102
Wet Chemical 1 EA
Subtotal - Kitchen Hood Systems - Semi-Annual testing per NFPA 96 & 72:

Clean Agent Suppression Systems - Semi-Annual testing per NFPA 12A & 72 Item
No. Location Item Description Qty. Unit Unit Cost Total 3 Library Halon system Novec
1230 FK-5-1-12 1 EA
Subtotal - Clean Agent Suppression Systems - Semi-Annual testing per NFPA 12A & 72:

Fire Extinguishers - Semi Annual testing per NFPA 10
Item
No. Location Item Description Qty. Unit Unit Cost Total 4 La Fetra Expansion Center Fire Extinguisher
Wet Chemical 2-A:K 1 EA
Subtotal - Fire Extinguishers - Semi Annual testing per NFPA 10:

Total - Section 1: Semi-Annual Fire Protection System Maintenance:

The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 46 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Section 2: Annual Fire Protection System Maintenance
Water Based Systems - Annual testing per NFPA 25 & Title 19 of the California Code of Regulations Item
No. Location Item Description Qty. Unit Unit Cost Total 5 Crowther Teen Center Riser / Sprinklered 1 EA
6 Liberty House / Restroom Riser / sprinklered 2 EA
7 Library Sprinkler Curtain
(Domestic Supply) 1 EA
8 Louie Pompei Snack bar /
Equip. Storage / Restrooms Riser / sprinklered 2 EA
9 Police department Standpipe systems /
Hose 2 EA
10 Water Yard Riser / Sprinklered 1 EA
Subtotal - Water Based Systems Annual Testing:

Fire/Smoke Doors - Annual testing per NFPA 25 & Title 19 of the California Code of Regulations Item
No. Location Item Description Qty. Unit Unit Cost Total 11 La Fetra Expansion Center Double doors with
mag lock release 2 EA
12 La Fetra Expansion Center Roll down door in
kitchen 1 EA
Subtotal - Fire/Smoke Door Annual Testing:

Fire Extinguishers - Annual testing per NFPA 10
Item
No. Location Item Description Qty. Unit Unit Cost Total 13 American Legion Building Fire Extinguisher
Type ABC - 8 lbs. 8 EA
The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 47 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services 14 Big Dalton Canyon
Campground Building
Fire Extinguisher
Type ABC - 8 lbs. 2 EA
15 Chamber of Commerce
building
Fire Extinguisher
Type ABC - 8 lbs. 3 EA
16 City Hall Fire Extinguisher
Type ABC - 8 lbs. 17 EA
17 Crowther Teen Center Fire Extinguisher
Type ABC - 8 lbs. 8 EA
18 Crowther Teen Center Fire Extinguisher
Type ABC- 10 lbs. 1 EA
19 Finkbiner / storage / Game
checkout stand / Restrooms
Fire Extinguisher
Type ABC - 8 lbs. 1 EA
20 Historical Museum Fire Extinguisher
Type ABC - 8 lbs. 3 EA
21 Historical Museum Fire Extinguisher
Type ABC- 10 lbs. 1 EA
22 La Fetra Expansion Center Fire Extinguisher
Type ABC - 8 lbs. 9 EA
23 La Fetra Expansion Center Fire Extinguisher -
Type ABC -20 lbs. 1 EA
24 La Fetra Historical Fire Extinguisher
Type ABC - 8 lbs. 4 EA
25 Larry R. Glenn Bandshell Fire Extinguisher
Type ABC - 8 lbs. 1 EA
26 Liberty House / Restroom Fire Extinguisher
Type ABC - 8 lbs. 1 EA
27 Library Fire Extinguisher
Type ABC - 8 lbs. 21 EA
28 Lobb Field Snack bar /
Restrooms
Fire Extinguisher
Type ABC - 8 lbs. 1 EA
29 Louie Pompei Snack bar /
Equip. Storage / Restrooms
Fire Extinguisher
Type ABC - 8 lbs. 4 EA
30 Off Site Water Yard Fire Extinguisher
Type ABC - 8 lbs. 7 EA
31 Parks Yard Fire Extinguisher
Type ABC - 8 lbs. 1 EA
32 Police department Fire Extinguisher
Type ABC - 8 lbs. 17 EA
33 Public Works Yard Fire Extinguisher
Type ABC - 5 lbs. 4 EA
The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 48 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services 34 Public Works Yard Fire Extinguisher
Type ABC - 8 lbs. 20 EA
35 Public Works Yard Fire Extinguisher
Type ABC - 15 lbs. 1 EA
36 Public Works Yard Fire Extinguisher
Type ABC - 20 lbs. 5 EA
37 Scout Hut Fire Extinguisher
Type ABC - 8 lbs. 2 EA
38 Transportation Center Fire Extinguisher
Type ABC - 8 lbs. 3 EA
39 Water Department off site
Wells (Serviced at Water Yard)
Fire Extinguisher Type
ABC - 5lbs 15 EA
40 Water Department off site
Wells (Serviced at Water Yard)
Fire Extinguisher Type
ABC - 8lbs 2 EA
41 Water Yard Fire Extinguisher
Type ABC - 8 lbs. 8 EA
42 Youth Center Fire Extinguisher
Type ABC - 8 lbs. 2 EA
Subtotal - Fire Extinguisher Annual Testing:

Fire Hose Maintenance - Annual Maintenance per NFPA 25
Item
No. Location Item Description Qty. Unit Unit Cost Total 48 Police department 75 ft, Fire Hose
w/changeable Nozzle 2 EA
Subtotal - Fire Hose Annual Testing:

Total - Section 2: Annual Fire Protection System Maintenance:

The City of Glendora
Request for Proposal
for
Fire Suppression System Maintenance and Repair Services City of Glendora Page 49 of 49
QuestCDN# 9890745 – RFP for Fire Suppression System Maintenance and Repair Services Section 3: Five-Year Fire Protection System Maintenance Water Based Systems - Five-Year testing per NFPA 25 & Title 19 of the California Code of Regulations Item
No. Location Item Description Qty. Unit Unit Cost Total 49 Crowther Teen Center Riser / Sprinklered 1 EA
50 Liberty House / Restroom Riser / sprinklered 2 EA
51 Library Sprinkler Curtain
(Domestic Supply) 1 EA
52 Louie Pompei Snack bar /
Equip. Storage / Restrooms Riser / sprinklered 2 EA
53 Police department Standpipe systems /
Hose 2 EA
54 Water Yard Riser / Sprinklered 1 EA
Total - Section 3: Five-Year Fire Protection System Maintenance:

Section 4: Labor Rates for As-Needed Repair Services
Item
No. Description Item Description Unit Unit Cost
55 Regular Working Hours Regular working hours are the City's normal business hours, 7;00 a.m. to 5:00 p.m., Monday thru Friday. HR
56 Holiday Hours Holiday hours are recognized City holidays only. HR 57 After Hours After hours are all hours excluding regular hours and recognized City holidays. HR
The City of Gle
Request for Pro
for
Fire Suppression System Maintena
Exhibit 8: Agreement E
Mark the appropriate choice, below:

Vendors accepts the PSA without
exception. OR
Vendors proposes exceptions to the PSA.

Summarize all exceptions on a separate document. Enclo
"Exception Summary", which shall include the Vendors' r exception must be labeled with the Section number in the P submitted summary may deem the response as non-respo
Signature
Printed Name
Title
Must be inc;Iuded in final
City of Glendora
QuestcDN# 9890745 -RFP for Fire Suppression System Maintenance ce land Repair Services
eF)tions Summary
e a written summary of each change and title as
tiohale for proposing each such exception. Each
A. I Failure to properly reference exceptions in the
RFP submittal.
nd Pepair Services