Lake Elsinore City Council
April 22, 2025

ANNUAL ELEMENT PROGRESS REPORT
Housing Element Implementation
Jurisdiction Lake Elsinore
2024
Note: "NOTE: STUDENT HOUSING WITH DENSITY BONUS
ONLY. This table only needs to be completed if
there were student housing projects WITH a density
bonus approved pursuant to Government
Code65915(b)(1)(F)
Reporting
Period
(Jan. 1 - Dec.
31) Cells in grey
Planning
Period 6th Cycle 10/15/2021 - 10/15/2029
Table J
Student housing development for lower income students for which was granted a density bonus pursuant to subparagraph (F) of paragraph (1) of subdivision (b) of S Project Identifier Project Type Date Units (Beds/Student Capacity) Approved 1 2 3 4
Very Low-
Income Non
Deed
Moderate-
Income Non
Deed
Local Unit Category
(SH - Student
Housing)
Very Low-
Income Deed
Restricted
Low- Income Low- Income Moderate-
Income Deed
Restricted
Above
Moderate-
Income
APN Street Address Project Name+ Jurisdiction
Tracking ID+
Date Deed Non Deed
RestrictedRestrictedRestricted Restricted
Summary Row: Start Data Entry Below

ANNUAL ELEMENT PROGRESS REPORTJurisdiction Lake Elsinore Reporting Period
Planning Period
2024 (Jan. 1 - Dec. 31)
6th Cycle 10/15/2021 - 10/15/2029
Table K
Tenant Preference Policy
Local governments are required to inform HCD about any local tenant preference ordinance the local government maintains when the jurisdiction submits their annual progress report on housing approvals and production, per Government Code 7061 (SB 649, 2022, Cortese). Effective January 1, 2023, local governments adopting a tenant preference are required to create a webpage on their internet website containing authorizing local ordinance and supporting materials, no more than 90 days after the ordinance becomes operational.

Does the Jurisdiction have a local tenant preference policy? No
If the jurisdiction has a local tenant preference policy, provide a link to the jurisdiction's webpage containing authorizing local ordinance and supporting materials.

Notes

Jurisdiction
Reporting Year
Lake Elsinore
2024 (Jan. 1 - Dec. 31)

ANNUAL ELEMENT PROGRESS REPORT
Local Early Action Planning (LEAP) Reporting
(CCR Title 25 §6202)
Please update the status of the proposed uses listed in the entity’s application for funding and the corresponding impact on housing within the region or jurisdiction, as applicable, categorized based on the eligible uses specified in Section 50515.02 or 50515.03, as applicable.

Total Award Amount $ - Total award amount is auto-populated based on amounts entered in rows 15-26.

Other
FundingTask $ Amount Awarded $ Cumulative Reimbursement Requested Task Status Notes Summary of entitlements, building permits, and certificates of occupancy (auto-populated from Table A2) Completed Entitlement Issued by Affordability Summary
Income Level Current Year
Deed Restricted
Non-Deed Restricted
Deed Restricted
Non-Deed Restricted
Deed Restricted
Non-Deed Restricted
0 0
0 0
0 Very Low
Low
Moderate 7
Above Moderate 20
27Total Units
Total Units
Total Units
Building Permits Issued by Affordability Summary
Income Level Current Year
Deed Restricted
Non-Deed Restricted
Deed Restricted
Non-Deed Restricted
Deed Restricted
Non-Deed Restricted
0 1
0 0
0 4
332
337
Very Low
Low
Moderate
Above Moderate
Certificate of Occupancy Issued by Affordability Summary Income Level Current Year
Deed Restricted
Non-Deed Restricted
Deed Restricted
Non-Deed Restricted
Deed Restricted
Non-Deed Restricted
0 0
0 0
0 1
196
197
Very Low
Low
Moderate
Above Moderate
16)
2025 Taco Fest and Car Show Street Closures
Approve Temporary Street Closures for Taco Fest and Car Show on Saturday, May 3, 2025

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Johnathan Oliver Skinner, Director Of Community Services Date:April 22, 2025
Subject:2025 Taco Fest and Car Show Street Closures
Recommendation
Approve Temporary Street Closures for Taco Fest and Car Show on Saturday, May 3, 2025 Background
The Taco Fest event, now in its fourth year, has grown significantly in popularity and scope. Two years ago, the event expanded to include a car show, which not only increased community interest but also attracted a larger crowd, bringing approximately 6,000 attendees. Originally held at Launch Pointe in the parking lot, the success of the car show and growing participation led to the decision to move Taco Fest back to the Historic Downtown Main Street location. This move offers a unique opportunity to showcase the charm and history of Downtown while accommodating the larger crowd. Given the increased popularity and the success of the expanded event, staff recommend continuing this new location for the Taco Fest, as it will provide ample space for attendees to enjoy the festivities, including the car show, food, music, and other activities, while maintaining the event’s community-driven spirit.

Discussion
The annual Taco Fest is planned to take place in Gediman Square with the car show extending along Main Street in Downtown Lake Elsinore from 5:00 to 9:00 pm. Given the event's growing popularity, with over 6,000 people in attendance at last year’s festival, staff anticipates a similar or larger turnout for this year. The Community Services Department, Public Works Department, and Sheriff’s Department will coordinate resources to ensure public safety and smooth event operations.

Taco Fest and Car Show

To accommodate the increased attendance and activities, staff recommends street closures on Main Street between Heald Avenue and Limited, as detailed in Attachment 1. These closures are essential to ensure the safety of attendees and facilitate the event’s success. It is recommended that the closures be in effect from 1:00 p.m. to 11:00 p.m., providing ample time for setup and breakdown. The closures will be enforced by Law Enforcement personnel to maintain public order and safety.

Fiscal Impact
Costs for City personnel staffing will be accommodated via the Community Services fiscal budget.

Attachments
Attachment 1- Street Closures Map
Attachment 2 - Flyer
Community Services

CITY OF LAKE ELSINORE APPROVALCITY OF LAKE ELSINORE

PORTABLE CHANGEABLE MESSAGEBOARD TO BE PLACED DURING EVENT PORTABLE CHANGEABLE MESSAGE BOARD TO BEPLACED 1 WEEK PRIOR TO EVENT

Taco fest & car show
Saturday, May 3, 2025 I 5:00 to 9:00 pm Downtown Main StreetFree Event! Tacos. Cars. Cold Drinks. Amusements.

Attachment 2 - 2025 Taco Fest and Car Show.
17)
Main Street Eats BBQ Bash Street Closure
Approve a Street Closure for the Main Street Eats BBQ Bash event on Saturday, May 17, 2025.

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Johnathan Oliver Skinner, Director of Community Services Date:April 22, 2025
Subject:Main Street Eats BBQ Bash Street Closure
Recommendation
Approve a Street Closure for the Main Street Eats BBQ Bash event on Saturday, May 17, 2025.

Background
The Community Services Department is excited to collaborate with the local group Made Local to bring the BBQ Bash to Historic Main Street on May 17, 2025, from 5:00 PM to 9:00 PM. This event will feature a variety of specialized BBQ and dessert vendors, as well as merchandise booths and photo opportunities for attendees. With live entertainment throughout the evening, the BBQ Bash promises to offer a dynamic, family-friendly experience that highlights the best of local food, talent, and community spirit.

This event is expected to attract a large number of visitors, bringing increased foot traffic to the downtown area and offering direct support to local businesses by showcasing the charm and energy of Historic Main Street. The BBQ Bash will not only promote the downtown district as a vibrant destination but also encourage future events in the area. The event aligns with our goals of fostering community engagement, boosting tourism, and creating a positive economic impact for local businesses while providing a memorable experience for all attendees.

BBQ Bash Road Closure

Discussion
Main Street Eats BBQ Bash is planned to take place on Main Street in Downtown Lake Elsinore from 5:00 to 9:00 p.m. The Community Services Department, Public Works Department, and Sheriff’s Department will coordinate resources to ensure public safety. As a result, staff is recommending street closures Main Street between Heald and Limited as detailed in Attachment

2. It is recommended that these street closures remain in place from 1:00 p.m. to 10:30 p.m. The street closures will be enforced by Law Enforcement personnel.

Fiscal Impact
Costs for City personnel staffing will be accommodated via the Community Services fiscal budget.

Attachments
Attachment 1 – Street Closure Map
Attachment 2 – Flyer
Community Services
LEGEND
Open Roadway (Detour
Route) Road Closure
Stage
Restrooms
Exhibit A - Main Street Eats Street Closure

18)
SoCal Gas Advanced Meter Agreement
Approve and authorize the City Manager to execute an Advanced Meter Agreement with Southern California Gas Company to install Advanced Meter Facilities at four (4) locations on City-owned Streetlights in such final form as approved by City Attorney.

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Remon Habib, City Engineer
Date:April 22, 2025
Subject:SoCal Gas Advanced Meter Agreement
Recommendation
Approve and authorize the City Manager to execute an Advanced Meter Agreement with Southern California Gas Company to install Advanced Meter Facilities at four (4) locations on City-owned Streetlights in such final form as approved by City Attorney.

Background
Southern California Gas Company (SoCal Gas) has been authorized by the California Public Utilities Commission to implement its Advanced Meter Program, which consists of the installation of advanced meter equipment, network communication devices, data collector units, antennas, and other advanced meter facilities, in connection with and necessary for Gas Company’s operation, transmission and distribution of gas in the City. Advanced Meter Facilities require the use of existing or new infrastructure, such as poles, streetlights, or buildings of sufficient height and at appropriate locations, to be effective.

SoCal Gas has approached the City for installation of its Advanced Meter Facilities at four (4) separate locations.

Discussion
This agreement authorizes SoCal Gas to attach the Advanced Meter Facilities at locations identified in Exhibit A to the agreement, and undertake all activities related to the installation, maintenance, operation, and removal of the Advanced Meter Facilities. Installation and removal of the Advanced Meter Facilities will be at the sole cost and expense of SoCal Gas. The agreement will be in effect for 20 years.

SoCal Gas Agreement

Fiscal Impact
SoCal Gas will pay the City a one-time fee of $780 per installation site and a one-time fee of $233.60 per location for electricity usage.

Attachments
Attachment 1 - Agreement
Exhibit A - Locations Map
Engineering
1 ATTACHMENT AGREEMENT

BY AND BETWEEN

LAKE ELSINORE, CALIFORNIA
AND

SOUTHERN CALIFORNIA GAS COMPANY
This Attachment Agreement (“Agreement”) is entered into this ____ day of __________, 2025, for reference purposes only, by and between the City of Lake Elsinore, a California municipal corporation (“City”), and Southern California Gas Company, a California corporation ("Gas Company").

Hereinafter the term “Parties” shall refer collectively to all the foregoing named Parties.

R E C I T A L S
WHEREAS, Gas Company is an investor-owned public utility regulated by the California Public Utilities Commission (“CPUC”) that provides gas utility services to residents of City.

WHEREAS, on November 24, 1941, City granted to Gas Company a franchise to use and lay pipes and appurtenances necessary and convenient for the operation of a gas utility under, along, across or upon public streets, ways, alleys and places (collectively, “Rights-of-Way”) in the City for transporting and distributing gas (the “Franchise”).

WHEREAS, Gas Company has been authorized by the California Public Utilities Commission to implement its Advanced Meter Program, which consists of, among other things, the installation of advanced meter equipment, network communications devices, including but not limited to data collector units (“DCUs”), antennas, gas repeaters and/or radio frequency local area network range extenders, and other advanced meter facilities, in connection with and necessary for Gas Company’s operation, transmission and distribution of gas in the City (“Advanced Meter Facilities”).

WHEREAS, the installation of Advanced Meter Facilities requires the use of existing or new infrastructure, such as poles, towers, streetlights or buildings of sufficient height and at appropriate locations in order to be effective.

WHEREAS, City desires to allow Gas Company to install its Advanced Meter Facilities, which are further described herein, within property owned by City identified on “Exhibit A” and incorporated herein by this reference (“Installation Sites”).

WHEREAS, City and Gas Company have agreed to enter into this Agreement regarding Gas Company’s use and attachment of Advanced Meter Facilities at the Installation Sites upon the terms, conditions and other considerations set forth herein.
2 A G R E E M E N T
NOW THEREFORE, in consideration thereof and for other valuable consideration as set forth hereinbelow the Parties do mutually agree as follows:

1. Effective Date. This Agreement shall become effective as of the date of its execution by the Parties (“Effective Date”).

2. Term. This Agreement shall expire on the twentieth (20 th) anniversary of the Effective Date.

3. Authorization. Subject to the terms and conditions contained herein, City hereby authorizes Gas Company to install Advanced Meter Facilities upon Installation Sites and to operate, use, maintain, repair, replace, improve, alter, inspect, test and remove such Advanced Meter Facilities on the terms and conditions set forth herein.

4. Scope of Agreement. This Agreement authorizes Gas Company to attach the Advanced Meter Facilities in the general locations identified on Exhibit “A” attached hereto, and to undertake all activities related to the installation, maintenance, operation, use, repair, replacement, improvement, alteration, inspection, testing and removal of the Advanced Meter Facilities.

Nothing contained in this Agreement shall be deemed or construed to create the relationship of principal and agent or of partnership or of joint-venture or of any association whatsoever between City and Gas Company, it being expressly understood and agreed that neither the computation of fees nor any other provisions contained in this Agreement nor any act or acts of the Parties shall be deemed to create any relationship between City and Gas Company other than the relationship of City and Gas Company as franchisor and franchisee, respectively.

Gas Company hereby acknowledges, agrees and covenants that this Agreement does not authorize or bestow any rights to Gas Company to provide any services not already expressly authorized by the Franchise, including without limitation cable television service or commercial telecommunications services.

5. Compensation. Gas Company shall pay to City a one-time fee of $780 ($39 x 20 years) per Installation Site. The fee shall be due within thirty (30) days after the Effective Date.

6. Electrical Consumption Charge. Gas Company shall pay City a one-time fee of $233.60 ($11.68 x 20 years) per location as compensation for electricity usage by Gas Company’s Advanced Meter Facilities. The fee shall be due within thirty (30) days after the Effective Date.

7. Authority to Allow Attachments. City hereby represents and warrants to Gas Company that it has all rights necessary to allow for the installation of the Advanced Meter Facilities at the Installation Sites, and agrees to indemnify, defend and hold harmless Gas Company from and against losses, liability or claims from any owner of 3 the real property where the Installation Sites are located and that are related to the rights conferred to Gas Company under this Agreement.

8. Workmanship and Responsibility of Gas Company. All of Gas Company's construction and installation work shall be performed at Gas Company's sole cost and expense and in a good and workmanlike manner and in accordance with the rules and regulations of the CPUC and in compliance with all applicable ordinances, regulations or laws (to the extent not preempted by the jurisdiction of the CPUC).

Gas Company shall remove all of the Advanced Meter Facilities at its sole expense within one hundred eighty (180) days after the termination of this Agreement, unless an agreement is otherwise reached between City and Gas Company, each acting in their sole discretion, to abandon the Advanced Meter Facilities in place. Gas Company shall bear full responsibility for repairs to any damage to the Rights-of-Way or Installation Sites caused by Gas Company’s or its employees’, contractors’, subcontractors’ or agents’ installation, construction, maintenance, repair, operation and removal of the Advanced Meter Facilities.

9. Gas Company to Bear All Costs. Gas Company, or any successor or authorized assignee, shall bear all costs incurred in connection with Gas Company’s or its employees’, contractors’, subcontractors’ or agents’ planning, design, installation, construction, maintenance, repair, operation and removal of the Advanced Meter Facilities. City shall not be responsible or bear any cost related to the Advanced Meter Facilities or any other improvements or works approximate to the Advanced Meter Facilities, except to the extent such costs result from the active negligence or willful misconduct of the City, its officers, agents, employees, contractors or subcontractors.

10. Interference. Gas Company installation and use of the Advanced Meter Facilities under this Agreement shall not damage or interfere in any way with City’s operations. City reserves the right to take any action it deems necessary, in its sole discretion, to repair, maintain, alter, or improve the Installation Sites, which may temporarily or permanently interfere with the Advanced Meter Facilities. City agrees to give 30-day advance notice of such temporary interference to Gas Company and to reasonably cooperate with Gas Company to carry out such activities with a minimum amount of interference with Gas Company’s operations, and in the case of permanent interference, to provide an alternate Installation Site reasonably acceptable to Gas Company. Notwithstanding the foregoing, in the case of an emergency City shall take any and all actions it determines necessary to respond to such emergency, and shall thereafter give notice to Gas Company of such actions.

11. Indemnification of City. Gas Company shall defend, indemnify and hold harmless City and its council members, officers, agents and employees against all claims, losses, damages, costs, expenses, liabilities, causes of action, fines or penalties, including but not limited to reasonable attorney’s fees (collectively, “Claims”), incurred by City arising or alleged to have arisen from the Advanced Meter Facilities, except to the extent such Claim(s) arise from the sole negligence or willful misconduct of City, its officers, agents, or employees, provided, however, that Gas Company’s indemnification obligations shall not include any punitive, consequential or special damages, except to 4 the extent asserted by a third-party against City arising from a Claim for which Gas Company is obligated to indemnify City under this paragraph.

12. Governing Law; Jurisdiction. This Agreement shall be governed and construed by and in accordance with the laws of the State of California. Nothing in this section shall be interpreted to preclude either Party’s right to seek redress from the CPUC.

13. Amendment of Agreement. This Agreement may not be amended except pursuant to a written instrument signed by both Parties.

14. Notices. All notices, demands, requests, consents or other communications that this Agreement contemplates or authorizes, or requires or permits either Party to give to the other, shall be in writing and shall be personally delivered or mailed or sent by reputable overnight courier, such as FedEx, to the respective Party as follows:

TO CITY:

City of Lake Elsinore
130 South Main Street
Lake Elsinore, CA 92530
Attn: Jason Simpson
City Manager
Tel: (951) 674-3124
TO THE GAS COMPANY:

Southern California Gas Company
1801 S. Atlantic Blvd.

Monterey Park, CA 91754
Attn: Chris Stille
Manager, Advanced Meter Ops &
Network Management
Tel: (626) 361-0072
Either Party may change its address by notice to the other Party as provided herein.

Communications shall be deemed to have been given and received on the first to occur of (i) actual receipt at the offices of the Party to whom the communication is to be sent, as designated above, or (ii) three working days following the deposit in the United States Mail of registered or certified mail, postage prepaid, return receipt requested, or with reputable overnight courier, such as FedEx, addressed to the offices of the Party to whom the communication is to be sent, as designated above.

15. Other Regulations. All Gas Company’s use of the Rights-of-Way and Installation Sites under this Agreement shall be in accordance with the laws of the United States of America, the State of California and in accordance with all applicable rules and regulations and ordinances of City now in force, or hereinafter prescribed or promulgated by City, State or Federal law (to the extent that the same are not 5 preempted by the jurisdiction of the CPUC).

16. Powers to Enter into Agreement. The individuals executing this Agreement represent and warrant that they have the right, power, legal capacity and authority to enter into and to execute this Agreement on behalf of the respective legal entities of Gas Company and City.

17. Assignment or Transfer of Authorization. This Agreement may be assigned or transferred to any qualified person or entity subject to the prior written approval of City, which shall not be unreasonably withheld, conditioned or delayed.

Notwithstanding the foregoing, City’s prior written consent shall not be required for any of the following: (a) the transfer of any shares or stock in or change in control of Gas Company’s parent company, or (b) any merger, consolidation or reorganization involving Gas Company or transfer of all or substantially all of the stock or shares in Gas Company or assets of Gas Company.

18. Entire Agreement; Successors and Assigns. This Agreement contains the entire understanding between the Parties with respect to the subject matter herein. There are no representations, agreements, or understandings, whether oral or written, between or among the Parties relating to the subject matter of this Agreement which are not fully expressed herein. Each party has relied on advice from its own attorneys, and the warranties, representations, and covenants of this Agreement itself. This Agreement shall inure to the benefit of and be binding upon the Parties and their respective successors and assigns.

IN WITNESS WHEREOF the Parties for themselves, their heirs, executors, administrators, successors, and assigns do hereby agree to the full performance of the covenants herein contained and have caused this Agreement to be executed by setting hereunto their signatures on the day and year respectively written herein below.

CITY OF LAKE ELSINORE
DATE: By:

Name: ____________________________________
Its: ______________________________________
APPROVED AS TO FORM:

By:

SOUTHERN CALIFORNIA GAS COMPANY
DATE: By:

Chris Stille
Operations & Network Management Manager
Advanced Meter
6 Exhibit “A”
Lake Elsinore Street Light Attachment Sites
April 2025
SoCalGas
Site ID#
Street
Light ID#
Latitude Longitude Location Address
KH098-D 50487 33.621437 -117.316014
On Grand Ave., W. of 19496 Grand Ave.
x Scales Ave.

KH180-B 30877 33.684083 -117.289100
On La Strada, N. of 23 Del Copparo
x Bella Vista
KH112-B 20610 33.697428 -117.317453
On Rosetta Canyon Dr., N. of 41221 Rosetta Canyon Dr.
x Royal Sunset Rd.

KH7129-A 30655 33.688049 -117.262787
On Canyon Hills Rd., NE of 29993 Canyon Hills Rd.
x Railroad Canyon Rd.

Exhibit A - Locations Map
Locations
Legend
19)
Agreement with David Evans and Associates, Inc., for Construction Support Services for the I-15/Main Street Interchange Landscape Project (CIP Project No. Z10094) Approve and authorize the City Manager to execute a Professional Service Agreement with David Evans and Associates Inc., to perform as needed professional services for Construction Support Services for the I-15 / Main Street Interchange Landscape Project in the amount of $25,800 in such form as approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency of $2,580.00 for unanticipated costs.

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Remon Habib, City Engineer
Date:April 22, 2025
Subject:Agreement with David Evans and Associates, Inc., for Construction Support Services for the I-15/Main Street Interchange Landscape Project (CIP Project No. Z10094)
Recommendation
Approve and authorize the City Manager to execute a Professional Service Agreement with David Evans and Associates Inc., to perform as needed professional services for Construction Support Services for the I-15 / Main Street Interchange Landscape Project in the amount of $25,800 in such form as approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency of $2,580.00 for unanticipated costs.

Background
David Evans and Associates Inc. prepared the approved construction Plans for the I-15 / Main Street Interchange Landscape Project and will be providing construction support services including providing construction input to ensure the contractor is constructing the project in accordance with approved design plans. Tasks include Pre-Construction meetings, field visits, to verify installation of irrigation materials, planting materials and erosion control. David Evans and Associates Inc. will also be preparing As-Built drawings at the completion of the project.

Discussion
David Evans and Associates Inc. will be performing three tasks:
•Construction Support Services
•As-Built Plans
•Reimbursable Expenses
These tasks will be performed on a Time and Material basis with a not-to-exceed fee of $25,800.00 plus an additional 10% contingency.

David Evans Agreement

Fiscal Impact
The Professional Services Agreement will result in a cost of $25,800 plus an additional 10% contingency of $2,580. Funding for this project is allocated within the approved CIP Budget.

Attachments
Attachment 1 – Agreement
Exhibit A – Proposal
Engineering

AGREEMENT FOR PROFESSIONAL SERVICES
David Evans and Associates, Inc.

Construction Support Services
This Agreement for Professional Services (the “Agreement”) is made and entered into as of April 22, 2025, by and between the City of Lake Elsinore, a municipal corporation (‘‘City") and David Evans and Associates, Inc., a Corporation ("Consultant").

RECITALS
A. The City has determined that it requires the following professional services:

Construction Support Services
B. Consultant has submitted to City a proposal, dated March 13, 2025, attached hereto as Exhibit A (“Consultant’s Proposal”) and incorporated herein, to provide professional services to City pursuant to the terms of this Agreement.

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

D. City desires to retain Consultant to perform the services as provided herein and Consultant desires to provide such professional services as set forth in this Agreement.

AGREEMENT

1. Scope of Services. Consultant shall perform the services described in Consultant’s Proposal (Exhibit A). Consultant shall provide such services at the time, place, and in the manner specified in Consultant’s Proposal, subject to the direction of the City through its staff that it may provide from time to time.

2. Time of Performance.
a. Time of Essence. Time is of the essence in the performance of this Agreement. The time for completion of the professional services to be performed by Consultant is an essential condition of this Agreement. Consultant shall prosecute regularly and diligently the professional services contemplated pursuant to this Agreement according to the agreed upon performance schedule in Consultant’s Proposal (Exhibit A). b. Performance Schedule. Consultant 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 Consultant’s Proposal (Exhibit A). When requested by Consultant, extensions to the time period(s) specified may be approved in writing by the City Manager.

c. Term. The term of this Agreement shall commence upon execution of this Agreement and shall continue until the services and related work are completed in accordance with the Consultant’s Proposal (Exhibit A).

3. Compensation. Compensation to be paid to Consultant shall be in accordance with the fees set forth in Consultants’ Proposal (Exhibit A), which is attached hereto and incorporated herein by reference. In no event shall Consultant’s compensation exceed Twenty- Five Thousand Eight Hundred dollars ($25,800) without additional written authorization from the City. Notwithstanding any provision of Consultant’s Proposal to the contrary, out of pocket expenses set forth in Exhibit A shall be reimbursed at cost without an inflator or administrative charge. Payment by City under this Agreement shall not be deemed a waiver of defects, even if such defects were known to the City at the time of payment.

4. Method of Payment. Consultant shall promptly submit billings to the City describing the services and related work performed during the preceding month to the extent that such services and related work were performed. Consultant’s bills shall be segregated by project task, if applicable, such that the City receives a separate accounting for work done on each individual task for which Consultant provides services. Consultant’s bills shall include a brief description of the services performed, the date the services were performed, the number of hours spent and by whom, and a description of any reimbursable expenditures. City shall pay Consultant no later than forty-five (45) days after receipt of the monthly invoice by City staff.

5. Background Checks. At any time during the term of this Agreement, the City reserves the right to make an independent investigation into the background of Consultant’s personnel who perform work required by this Agreement, including but not limited to their references, character, address history, past employment, education, social security number validation, and criminal or police records, for the purpose of confirming that such personnel are lawfully employed, qualified to provide the subject service or pose a risk to the safety of persons or property in and around the vicinity of where the services will be rendered or City Hall. If the City makes a reasonable determination that any of Consultant’s prospective or then current personnel is deemed objectionable, then the City may notify Consultant of the same. Consultant shall not use that personnel to perform work required by this Agreement, and if necessary, shall replace him or her with a suitable worker.

6. Suspension or Termination.
a. The City may at any time, for any reason, with or without cause, suspend or terminate this Agreement, or any portion hereof, by serving upon the Consultant at least ten (10) days prior written notice. Upon receipt of such notice, the Consultant shall immediately cease all work under this Agreement, unless the notice provides otherwise. If the City suspends or terminates a portion of this Agreement such suspension or termination shall not make void or invalidate the remainder of this Agreement.
b. In the event this Agreement is terminated pursuant to this Section, the City shall pay to Consultant the actual value of the work performed up to the time of termination, provided that the work performed is of value to the City. Upon termination of the Agreement pursuant to this Section, the Consultant will submit an invoice to the City, pursuant to Section entitled “Method of Payment” herein.

7. Plans, Studies, Documents.
a. Ownership of Documents. All plans, studies, documents and other writings prepared by and for Consultant, its officers, employees and agents and subcontractors in the course of implementing this Agreement, except working notepad internal documents, shall become the property of the City upon payment to Consultant for such work, and the City shall have the sole right to use such materials in its discretion without further compensation to Consultant or to any other party. Consultant shall, at Consultant’s expense, provide such reports, plans, studies, documents and other writings to City upon written request. City shall have sole determination of the public’s rights to documents under the Public Records Act, and any third- party requests of Consultant shall be immediately referred to City, without any other actions by Consultant.
b. Licensing of Intellectual Property. This Agreement creates a nonexclusive and perpetual license for City to copy, use, modify, reuse, or sublicense any and all copyrights, designs, and other intellectual property embodied in plans, specifications, studies, drawings, estimates, and other documents or works of authorship fixed in any tangible medium of expression, including but not limited to, physical drawings or data magnetically or otherwise recorded on computer diskettes, which are prepared or caused to be prepared by Consultant under this Agreement ("Documents & Data"). Consultant shall require that all subcontractors agree in writing that City is granted a nonexclusive and perpetual license for any Documents & Data the subcontractor prepares under this Agreement. Consultant represents and warrants that Consultant has the legal right to license any and all Documents & Data. Consultant makes no such representation and warranty in regard to Documents & Data which were prepared by design professionals other than Consultant or provided to Consultant by the City. City shall not be limited in any way in its use of the Documents & Data at any time, provided that any such use not within the purposes intended by this Agreement shall be at City’s sole risk. c. Confidentiality. All ideas, memoranda, specifications, plans, procedures, drawings, descriptions, computer program data, input record data, written information, and other Documents & Data either created by or provided to Consultant in connection with the performance of this Agreement shall be held confidential by Consultant. Such materials shall not, without the prior written consent of City, be used by Consultant for any purposes other than the performance of the services under this Agreement. Nor shall such materials be disclosed to any person or entity not connected with the performance of the services under this Agreement. Nothing furnished to Consultant which is otherwise known to Consultant or is generally known, or has become known, to the related industry shall be deemed confidential. Consultant shall not use City’s name or insignia, photographs relating to project for which Consultant’s services are rendered, or any publicity pertaining to the Consultant’s services under this Agreement in any magazine, trade paper, newspaper, television or radio production or other similar medium without the prior written consent of City.

8. Consultant’s Books and Records.
a. Consultant shall maintain any and all ledgers, books of account, invoices, vouchers, canceled checks, and other records or documents evidencing or relating to charges for services, or expenditures and disbursements charged to City for a minimum period of three (3) years, or for any longer period required by law, from the date of final payment to Consultant to this Agreement.

b. Consultant shall maintain all documents and records which demonstrate performance under this Agreement for a minimum period of three (3) years, or for any longer period required by law, from the date of termination or completion of this Agreement. c. Any records or documents required to be maintained pursuant to this Agreement shall be made available for inspection or audit, at any time during regular business hours, upon written request by the City Manager, City Attorney, City Auditor or a designated representative of these officers. Copies of such documents shall be provided to the City for inspection at City Hall when it is practical to do so. Otherwise, unless an alternative is mutually agreed upon, the records shall be available at Consultant’s address indicated for receipt of notices in this Agreement.
d. Where City has reason to believe that such records or documents may be lost or discarded due to dissolution, disbandment or termination of Consultant’s business, City may, by written request by any of the above-named officers, require that custody of the records be given to the City and that the records and documents be maintained in City Hall. Access to such records and documents shall be granted to any party authorized by Consultant, Consultant’s representatives, or Consultant’s successor-in-interest.

9. Independent Contractor.
a. Consultant is and shall at all times remain as to the City a wholly independent contractor pursuant to California Labor Code Section 3353. The personnel performing the services under this Agreement on behalf of Consultant shall at all times be under Consultant’s exclusive direction and control. Neither City nor any of its officers, employees, or agents shall have control over the conduct of Consultant or any of Consultant’s officers, employees, or agents, except as set forth in this Agreement. Consultant shall not at any time or in any manner represent that it or any of its officers, employees, or agents are in any manner officers, employees, or agents of the City. Consultant shall not incur or have the power to incur any debt, obligation, or liability whatsoever against City, or bind City in any manner. b. Notwithstanding any other federal, state and local laws, codes, ordinances and regulations to the contrary and except for the fees paid to Consultant as provided in the Agreement, Consultant and any of its employees, agents, and subcontractors providing service under this Agreement shall not qualify for or become entitled to, and hereby agree to waive any claims to, any compensation, benefit, or any incident of employment by City, including but not limited to eligibility to enroll in PERS as an employee of City and entitlement to any contribution to be paid by City for employer contribution and/or employee contributions for PERS benefits.

10. PERS Eligibility Indemnification. In the event that Consultant or any employee, agent, or subcontractor of Consultant providing services under this Agreement claims or is determined by a court of competent jurisdiction or the California Public Employees Retirement System (PERS) to be eligible for enrollment in PERS as an employee of the City, Consultant shall indemnify, defend, and hold harmless City for the payment of any employee and/or employer contributions for PERS benefits on behalf of Consultant or its employees, agents, or subcontractors, as well as for the payment of any penalties and interest on such contributions, which would otherwise be the responsibility of City.

11. Interests of Consultant. Consultant (including principals, associates and professional employees) covenants and represents that it does not now have any investment or interest in real property and shall not acquire any interest, direct or indirect, in the area covered

by this Agreement or any other source of income, interest in real property or investment which would be affected in any manner or degree by the performance of Consultant’s services hereunder. Consultant further covenants and represents that in the performance of its duties hereunder no person having any such interest shall perform any services under this Agreement.

Consultant is not a designated employee within the meaning of the Political Reform Act because Consultant:
a. will conduct research and arrive at conclusions with respect to his/her rendition of information, advice, recommendation or counsel independent of the control and direction of the City or of any City official, other than normal agreement monitoring; and b. possesses no authority with respect to any City decision beyond rendition of information, advice, recommendation or counsel. (FPPC Reg. 18700(a)(2).)

12. Professional Ability of Consultant. City has relied upon the professional training and ability of Consultant to perform the services hereunder as a material inducement to enter into this Agreement. Consultant shall therefore provide properly skilled professional and technical personnel to perform all services under this Agreement. All work performed by Consultant under this Agreement shall be in accordance with applicable legal requirements and shall meet the standard of quality ordinarily to be expected of competent professionals in Consultant’s field of expertise.

13. Compliance with Laws.
a. Consultant shall comply with all local, state and federal laws and regulations applicable to the services required hereunder, including any rule, regulation or bylaw governing the conduct or performance of Consultant and/or its employees, officers, or board members.
b. Consultant represents that it has obtained and will maintain at all times during the term of this Agreement all professional and/or business licenses, certifications and/or permits necessary for performing the services described in this Agreement, including a City business license.

14. Licenses. Consultant represents and warrants to City that it has the licenses, permits, qualifications, insurance and approvals of whatsoever nature which are legally required of Consultant to practice its profession. Consultant represents and warrants to City that Consultant shall, at its sole cost and expense, keep in effect or obtain at all times during the term of this Agreement, any licenses, permits, insurance and approvals which are legally required of Consultant to practice its profession. Consultant shall maintain a City of Lake Elsinore business license.

15. Indemnity. Consultant shall indemnify, defend, and hold harmless the City and all of its officials, officers, employees, agents, and volunteers from and against any and all losses, liability, damages, claims, suits, actions, costs and expenses including attorney’s fees, and causes of action arising out of any personal injury, bodily injury, loss of life, or damage to property, or any violation of any federal, state, or municipal law or ordinance, to the extent caused, in whole or in part, by the willful misconduct or negligent acts or omissions of Consultant or its employees, subcontractors, or agents, by acts for which they could be held strictly liable, or by the quality or character of their work. The foregoing obligation of Consultant shall not apply when (1) the injury,

loss of life, damage to property, or violation of law arises from the sole negligence or willful misconduct of the City or its officers, employees, agents, or volunteers and (2) the actions of Consultant or its employees, subcontractor, or agents have contributed in no part to the injury, loss of life, damage to property, or violation of law. It is understood that the duty of Consultant to indemnify and hold harmless includes the duty to defend as set forth in Section 2778 of the California Civil Code. Acceptance by City of insurance certificates and endorsements required under this Agreement does not relieve Consultant from liability under this indemnification and hold harmless clause. This indemnification and hold harmless clause shall apply to any damages or claims for damages whether or not such insurance policies shall have been determined to apply.

By execution of this Agreement, Consultant acknowledges and agrees to the provisions of this Section and that it is a material element of consideration.

16. Insurance Requirements.
a. Insurance. Consultant, at Consultant’s own cost and expense, shall procure and maintain, for the duration of the contract, unless modified by the City’s Risk Manager, the following insurance policies.
i. Workers’ Compensation Coverage. Consultant shall maintain Workers’ Compensation Insurance and Employer’s Liability Insurance for his/her employees in accordance with the laws of the State of California. In addition, Consultant shall require each subcontractor to similarly maintain Workers’ Compensation Insurance and Employer’s Liability Insurance in accordance with the laws of the State of California for all of the subcontractor’s employees. Any notice of cancellation or non-renewal of all Workers’ Compensation policies must be received by the City at least thirty (30) days prior to such change. The insurer shall agree to waive all rights of subrogation against City, its officers, agents, employees and volunteers for losses arising from work performed by Consultant for City. In the event that Consultant is exempt from Worker’s Compensation Insurance and Employer’s Liability Insurance for his/her employees in accordance with the laws of the State of California, Consultant shall submit to the City a Certificate of Exemption from Workers Compensation Insurance in a form approved by the City Attorney.
ii. General Liability Coverage. Consultant shall maintain commercial general liability insurance in an amount not less than one million dollars ($1,000,000) per occurrence for bodily injury, personal injury and property damage. If a commercial general liability insurance form or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to the work to be performed under this Agreement or the general aggregate limit shall be at least twice the required occurrence limit. Required commercial general liability coverage shall be at least as broad as Insurance Services Office Commercial General Liability occurrence form CG 0001 (ed. 11/88) or Insurance Services Office form number GL 0002 (ed. 1/73) covering comprehensive General Liability and Insurance Services Office form number GL 0404 covering Broad Form Comprehensive General Liability. No endorsement may be attached limiting the coverage.

iii. Automobile Liability Coverage. Consultant shall maintain automobile liability insurance covering bodily injury and property damage for all activities of the Consultant arising out of or in connection with the work to be performed under this Agreement, including coverage for owned, hired and non-owned vehicles, in an amount of not less than one million dollars ($1,000,000) combined single limit for each occurrence.

Automobile liability coverage must be at least as broad as Insurance Services Office Automobile Liability form CA 0001 (ed. 12/90) Code 1 (“any auto”). No endorsement may be attached limiting the coverage.
iv. Professional Liability Coverage. Consultant shall maintain professional errors and omissions liability insurance appropriate for Consultant’s profession for protection against claims alleging negligent acts, errors or omissions which may arise from Consultant’s services under this Agreement, whether such services are provided by the Consultant or by its employees, subcontractors, or sub consultants. The amount of this insurance shall not be less than one million dollars ($1,000,000) on a claims-made annual aggregate basis, or a combined single limit per occurrence basis. b. Endorsements. Each general liability and automobile liability insurance policy shall be with insurers possessing a Best’s rating of no less than A:VII and shall be endorsed with the following specific language:
i. Notwithstanding any inconsistent statement in any required insurance policies or any subsequent endorsements attached thereto, the protection offered by all policies, except for Workers’ Compensation, shall bear an endorsement whereby it is provided that, the City and its officers, employees, servants, volunteers and agents and independent contractors, including without limitation, the City Manager and City Attorney, are named as additional insureds. Additional insureds shall be entitled to the full benefit of all insurance policies in the same manner and to the same extent as any other insureds and there shall be no limitation to the benefits conferred upon them other than policy limits to coverages.
ii. This policy shall be considered primary insurance as respects the City, its elected or appointed officers, officials, employees, agents and volunteers.

Any insurance maintained by the City, including any self-insured retention the City may have, shall be considered excess insurance only and shall not contribute with it. iii. This insurance shall act for each insured and additional insured as though a separate policy had been written for each, except with respect to the limits of liability of the insuring company.
iv. The insurer waives all rights of subrogation against the City, its elected or appointed officers, officials, employees or agents. v. Any failure to comply with reporting provisions of the policies shall not affect coverage provided to the City, its elected or appointed officers, officials, employees, agents or volunteers.
vi. The insurance provided by this Policy shall not be suspended, voided, canceled, or reduced in coverage or in limits except after thirty (30) days written notice has been received by the City.

c. Deductibles and Self-Insured Retentions. Any deductibles or self-insured retentions must be declared to and approved by the City. At the City’s option, Consultant shall demonstrate financial capability for payment of such deductibles or self-insured retentions. d. Certificates of Insurance. Consultant shall provide certificates of insurance with original endorsements to City as evidence of the insurance coverage required herein.

Certificates of such insurance shall be filed with the City on or before commencement of performance of this Agreement. Current certification of insurance shall be kept on file with the City at all times during the term of this Agreement.

17. Notices. Any notice required to be given under this Agreement shall be in writing and either served personally or sent prepaid, first class mail. Any such notice shall be addressed to the other party at the address set forth below. Notice shall be deemed communicated within 48 hours from the time of mailing if mailed as provided in this section.

If to City: City of Lake Elsinore
Attn: City Manager
130 South Main Street
Lake Elsinore, CA 92530
With a copy to: City of Lake Elsinore
Attn: City Clerk
130 South Main Street
Lake Elsinore, CA 92530
If to Consultant: David Evans and Associates, Inc.

Attn: Kim Rhodes
4141 E. Inland Empire Blvd., Ste 250
Ontario, CA 91764

18. Assignment and Subcontracting. The parties recognize that a substantial inducement to City for entering into this Agreement is the professional reputation, experience and competence of Consultant and the subcontractors listed in Exhibit B. Consultant shall be fully responsible to City for all acts or omissions of any subcontractors. Assignments of any or all rights, duties or obligations of the Consultant under this Agreement will be permitted only with the express consent of the City. Consultant shall not subcontract any portion of the work to be performed under this Agreement except as provided in Exhibit B without the written authorization of the City. If City consents to such subcontract, Consultant shall be fully responsible to City for all acts or omissions of those subcontractors. Nothing in this Agreement shall create any contractual relationship between City and any subcontractor nor shall it create any obligation on the part of the City to pay or to see to the payment of any monies due to any such subcontractor other than as otherwise is required by law.

19. Waiver. Waiver of a breach or default under this Agreement shall not constitute a continuing waiver of a subsequent breach of the same or any other provision under this Agreement.

20. Litigation Expenses and Attorneys’ Fees. If either party to this Agreement commences any legal action against the other party arising out of this Agreement, the prevailing party shall be entitled to recover its reasonable litigation expenses, including court costs, expert witness fees, discovery expenses, and attorneys’ fees.

21. Mediation. The parties agree to make a good faith attempt to resolve any disputes arising out of this Agreement through mediation prior to commencing litigation. The parties shall mutually agree upon the mediator and share the costs of mediation equally. If the parties are unable to agree upon a mediator, the dispute shall be submitted to JAMS or its successor in interest. JAMS shall provide the parties with the names of five qualified mediators. Each party shall have the option to strike two of the five mediators selected by JAMS and thereafter the mediator remaining shall hear the dispute. If the dispute remains unresolved after mediation, either party may commence litigation.

22. Prohibited Interests. Consultant maintains and warrants that it has not employed nor retained any company or person, other than a bona fide employee working solely for Consultant, to solicit or secure this Agreement. Further, Consultant warrants that it has not paid nor has it agreed to pay any company or person, other than a bona fide employee working solely for Consultant, any fee, commission, percentage, brokerage fee, gift or other consideration contingent upon or resulting from the award or making of this Agreement. For breach or violation of this warranty, City shall have the right to rescind this Agreement without liability. For the term of this Agreement, no member, officer or employee of City, during the term of his or her service with City, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom.

23. Equal Opportunity Employment. Consultant represents that it is an equal opportunity employer and it shall not discriminate against any subcontractor, employee or applicant for employment because of race, religion, color, national origin, handicap, ancestry, sex or age. Such non-discrimination shall include, but not be limited to, all activities related to initial employment, upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination.

24. Prevailing Wages. Consultant is aware of the requirements of California Labor Code Section 1720, et seq., and 1770, et seq., as well as California Code of Regulations, Title 8, Section 16000, et seq., ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on "public works" and "maintenance" projects.

Consultant agrees to fully comply with all applicable federal and state labor laws (including, without limitation, if applicable, the Prevailing Wage Laws). It is agreed by the parties that, in connection with the Work or Services provided pursuant to this Agreement, Consultant shall bear all risks of payment or non-payment of prevailing wages under California law, and Consultant hereby agrees to defend, indemnify, and hold the City, and its officials, officers, employees, agents, and volunteers, free and harmless from any claim or liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. The foregoing indemnity shall survive termination of this Agreement.

25. Severability. If any term or portion of this Agreement is held to be invalid, illegal, or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions of this Agreement shall continue in full force and effect.

26. Controlling Law Venue. This Agreement and all matters relating to it shall be governed by the laws of the State of California and any action brought relating to this Agreement shall be held exclusively in a state court in the County of Riverside.

27. Authority to Enter Agreement. Consultant has all requisite power and authority to conduct its business and to execute, deliver, and perform the Agreement. Each party warrants that the individuals who have signed this Agreement have the legal power, right, and authority to

make this Agreement and to bind each respective party. The City Manager is authorized to enter into an amendment or otherwise take action on behalf of the City to make the following modifications to the Agreement: (a) a name change; (b) grant extensions of time; (c) non- monetary changes in the scope of services; and/or (d) suspend or terminate the Agreement.

28. Counterparts. This Agreement may be executed in several counterparts, each of which shall constitute one and the same instrument and shall become binding upon the parties when at least one copy hereof shall have been signed by both parties hereto. In approving this Agreement, it shall not be necessary to produce or account for more than one such counterpart.

29. Entire Agreement; Incorporation; Conflict. This Agreement contains the entire understanding between the parties relating to the obligations described herein. All prior or contemporaneous understandings, agreements, representations and statements, oral or written, are superseded in total by this Agreement and shall be of no further force or effect. Consultant’s Proposal is incorporated only for the description of the scope of services and/or the schedule of performance and no other terms and conditions from such proposal shall apply to this Agreement unless specifically agreed to in writing. In the event of conflict, this Agreement shall take precedence over those contained in the Consultant’s Proposal.

30. Amendments. This Agreement may be modified or amended only by a written document executed by both Consultant and City and approved as to form by the City Attorney. [Signatures on next page]

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed on the date first written above.

Click or tap here to enter text.
“CITY”
CITY OF LAKE ELSINORE, a municipal
corporation
City Manager
ATTEST:

City Clerk
APPROVED AS TO FORM:

City Attorney
Assistant City Manager
“CONSULTANT”
David Evans and Associates, Inc., a
Corporation
By: Kim S. Rhodes
Its: Vice President
Attachments: Exhibit A – Consultant’s Proposal
Exhibit B – List of Subcontractors

EXHIBIT A

EXHIBIT A
CONSULTANT’S PROPOSAL
[ATTACHED]

EXHIBIT B

EXHIBIT B

LIST OF SUBCONTRACTORS
[ATTACHED]

4141 E. Inland Empire Blvd, Ste. 250, Ontario, CA 91764 T: (909) 481-5750 F: (909) 481-5757

March 13, 2025

Mr. Remon Habib, PE
City Engineer
City of Lake Elsinore
130 S. Main Street
Lake Elsinore, CA 92530

SUBJECT: PROFESSIONAL LANDSCAPE ARCHITECTURAL CONSTRUCTION OBSERVATION SERVICES FOR THE I-15 / MAIN STREET INTERCHANGE IN

THE CITY OF LAKE ELSINORE
Dear Remon,

We are pleased to provide this proposal for construction observation services to support your team on the above noted project.

Task 1 - Construction Observation Services - $15,000 (T & M - estimate / allowance only) DEA landscape architects / designers and construction management team members will be available to assist the City during construction of the Main St. / I-15 interchange landscape improvement project. Our goal will be to provide input when requested such that the contractor is constructing the project in accordance with the design plans. We also recognize that prevailing wage rates will apply for field work.

Some of the desired site visits may include attendance at the pre-construction meeting, coordination regarding erosion control (wood mulch, hydroseed, and rock blanket), review of installation of irrigation materials and equipment (including pressure tests and coverage tests), and plant placement and installation. We will be available for submittal and RFI reviews and approvals and will prepare reports including site photos following each visit. DEA will also be available by phone to answer questions while not in the field and can address design changes needed due to field conditions.

Task 2 - As Built Plans - $9,900 (estimate only)
The preparation of As Built plans from the Contractor's redlines will likely be necessary and hence we will provide this task herewith but the cost will be subject to change pending review of contractor redlines. The deliverable will be digital files. (no hard copies are anticipated at this time). Our fee is based on a level of effort of 2 hours per sheet (27 sheets) and QAQC. Prior to commencing work on this task, we can re-evaluate the hours needed.

Task 3 – Reimbursable Expenses - $900 (estimate only)

Invoices will be due and payable within 30 days and will be sent monthly based upon the percentage of work completed. Government fees, mileage, delivery costs such as Federal City of Lake Elsinore
I-15 at Main Street Interchange
Construction Observation Services

4141 E. Inland Empire Blvd, Ste. 250, Ontario, CA 91764 T: (909) 481-5750 F: (909) 481-5757 Express charges and plotting / reproduction services are considered reimbursable fees and shall be billed to you at cost plus 15%. Any service requested which does not fall within the scope of services listed, or any duplication of work due to changes desired by the City and / or Caltrans, will be performed on an “Extra Services” basis and negotiated accordingly.

EXCLUSIONS

• Requests by the City or any other entity for items not covered in work program tasks described in this proposal.
• Maintenance schedules, certificate of completion, and irrigation audit report following project completion.
• Preparation, negotiation or processing of Landscape Maintenance Agreements (LMA). • Preparation of encroachment permits or similar.
• The Client will pay all fees and deposits associated with the permit applications, plan reviews, and approvals.
• Potholing
• Erosion control plans / SWPPP
• LID / WQMP compliance
• Traffic Control Plans
• Electrical Plans
• Construction Staging Plans
• Construction signage
• Environmental compliance
• Or any item not denoted in the above scope of services

DEA would be pleased to assist the City of Lake Elsinore on this project and thank you once again for your consideration of our qualifications. We look forward to discussing this proposal with you.

Sincerely,
DAVID EVANS AND ASSOCIATES, INC.

Kim S. Rhodes, L.A. 3867
Vice President

20)
Kassab Travel Center Haul Route
Approve a request for the haul route including hours of operation for the Kassab Travel Center project and authorize the Mayor and City Manager to execute the haul route construction agreement.

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Remon Habib, City Engineer
Date:April 22, 2025
Subject:Kassab Travel Center Haul Route
Recommendation
Approve a request for the haul route including hours of operation for the Kassab Travel Center project and authorize the Mayor and City Manager to execute the haul route construction agreement.

Background
In August of 2010, the City Council passed Ordinance 1271. The ordinance requires all projects with transportation of earth materials in excess of 5,000 cubic yards to have their haul routes approved by the City Council. Western States Construction, Inc. is requesting approval of a haul route to be used during the subject development’s import phase.

This haul route was originally approved by City Council on May 23, 2023 and it expired. The project proponent wishes to bring it back at this time since they are ready to start grading.

Discussion
Grading work will soon commence on the Kassab Travel Center project site. Import of material is required to elevate the site. Western States Construction, Inc. Will import approximately 8,750 cubic yards of material and the borrow site will be within the unincorporated area of County of Riverside located specifically at the northeast corner of Central Avenue (State Route 74) and Conard Avenue. There will be one (1) haul route used for loaded and unloaded trucks at this site.

Travel from the export site (loaded trucks)
•South on Conard Avenue
•West on Central Avenue (State Route 74)
•North on Collier Avenue (State Route 74)
•West on Riverside Drive (State Route 74)
Kassab Travel Center Haul Route

Return to the export site (unloaded trucks)
•South on Collier Avenue (State Route 74)
•East on Central Avenue (State Route 74)
•North on Conard Avenue
The approved hours of work will be from 8:00 am to 4:00 pm, Monday through Friday, to minimize the impact on rush hour traffic. Once commenced, the import will continue for up to 20 trips per day for approximately 30 working days. Western States Construction, Inc. has provided a video log of the road condition of the haul route and posted a $5,000 cash deposit that is refundable upon the successful completion of hauling and cleanup activities.

Conditions for this hauling process are as follows:

1. Provide equipment in the form of a front-end load or two (2) skid steer loaders, including an operator, trailer and tow vehicle, street sweeper, and dump truck, to respond within 30 minutes of any reported spills along the haul route.

2. Distribute the haul route and hours of operation to all haul truck operators prior to hauling operations.

3. Provide “Slow Trucks” signs at designated locations as approved by the City Engineer.

4. Provide a flagman to aid with traffic control at the entrance to the project site.

5. Provide dust control measures, including water trucks at receiving locations.

6. Daily sweeping of all impact roads at the discretion of the City Engineering Inspector.

7. Provide documentation that trucks being used have passed CHP and/or DMV inspections within the past 12 months.

8. Violations of any of these conditions will result in the stoppage of work until such time that a Safety and Compliance meeting can be held with the City Engineering Inspector and City Engineer.

9. It is the Developer’s responsibility to file and obtain a grading permit with the proper jurisdiction(s) at the borrow site.

10. The City reserves the right to modify hours of operation should hauling interfere with school traffic to avoid drop-off and pick-up times.

Fiscal Impact
Western States Construction, Inc., pursuant to the plans and specifications, will be responsible for any damage occurring to the City Streets, and has placed security with the City to guarantee such.

Attachments
Attachment 1 - Haul Route Map
Attachment 2 - Haul Route Questionnaire
Attachment 3 - Haul Route Agreement
Engineering

HAUL ROUTE EXHIBIT
FROM: 18730 CONARD AVE. LAKE ELESINORE CA TO: 29301 RIVERSIDE DRIVE LAKE ELSINORE CA

LEGEND: LOADED TRUCK ROUTE EMPTY TRUCK ROUTE

A
B
A
B
Job Address:

Legal Description Lot(s ):
† Import: cubic yards † Export: cubic yards
From: 7R:

Loaded Truck Route:

Empty Truck Route:

Location of Staging Area:

Max Number of Trucks Staged:

Type of Truck: † Bottom Dump † 10 Wheeler Dump † 5-Axle † 18-Wheeler † Truck and Trailer
Total # of trips per day:
(a)
Total # of hauling days:

MT W T h F
check
Hours: From am To pm
Owner's Name: Phone:

Address:

Applicant's Name: Phone:

Address:

Hauling Contractor's Name: Phone:

Address:

Date
Proposed Hauling Days:

Total Export/Import:

Truck Capacity: Total of cy per day:
street name, onsite, etc
Applicant's Signature Print Name
addressaddress
(a) x (b) = c
City of Lake Elsinore
Department of Public Works
Haul Route Questionnaire
cubic yards (b)
Must be completed for Import/Export over 2,500 cubic yards 130 S Main Street, Lake Elsinore, CA
951-674-3124 fax 951-674-8761
From:
$31
V

7R:
$31
V

29301 Riverside Drive
Tract/Parcel: APN 378-030-035 .
8750
18730 Conard Ave. Lake Elsinore CA 29301 Riverside Drive Lake Elsinore CA see attached map
see attached map
10 20 15 . 300
29301 Riverside Drive Lake Elsinore CA
30 8750 cu yd
84 Ron Kassab
4580 University Ave. San Diego CA 92105
619-654-7534
KARAKI-Western States
4887 E. La Palma Ave. Suite 704 Anaheim CA 92807
714-695-9300
Western States Construction Inc.
4887 E. La Palma Ave. Suite 704 Anaheim CA 92807

02.20.25 714-695-9300
Joseph Karaki
✔
✔
✔
✔ ✔ ✔ ✔ ✔
377-372-040 378-030-007 & 009

AGREEMENT
FOR

CONSTRUCTION OF IMPROVEMENTS
WHEREAS, the undersigned, , whose business address is ____________________________________________________________________________ __________ herein referred to as "Contractor", has submitted to the City of Lake Elsinore for its approval a haul route plan for the project known as ; and, WHEREAS, Contractor desires to enter into an agreement and to furnish security in compliance with the City of Lake Elsinore Municipal Code LEMC 15.72.065. ;
NOW, THEREFORE, in consideration of the approval of said Haul Route plan by the City, and as a condition of such approval, the Contractor promises and agrees at his own expense to adhere to the requirements of said condition and submits with this agreement, security for all costs and expense of in repairing any damage to streets or other public facilities and the removal of any deposits of earth materials or other debris resulting from the permitted operations.

The above enumeration of items is understood to be only a general designation of the work and improvements, and not a binding description thereof.

It is further understood and agreed that upon default of any obligation hereunder and at any time after any such default, the City may make written demand upon the Contractor and surety to immediately remedy the default or complete the work. If said remedial activities or completion of work are not commenced within sixty (60) days after such demand is made and are not thereafter diligently prosecuted to completion and fully completed within one hundred twenty (120) days after the making of such demand (or such other time as may be contained in said demand), the City may then complete or arrange for completion of all remaining work or conduct su ch remedial activity as in the sole judgment of the City may be required, all at the full expense and obligation of the Contractor and surety and all without the necessity of giving any further notice to the Contractor or surety before the City performs or arranges for performance of any work, and whether or not the Contractor or surety have constructed any of the requirements at the time. In the event the City elects to complete or arrange for completion of remaining work, the City Engineer, upon such election, may require all work by the Contractor or surety to cease in order to permit adequate coordination by the City for completing any remaining work not yet completed.

The contractor shall provide security in the form of cash and in the amount of Five Thousand Dollars ($5,000.00) in compliance with the terms of approval. For purposes of enforcing this agreement, the term "city" includes the city council, the city manager, the city attorney, city engineer, or any of them, or any of their authorized representatives.

In WITNESS WHEREOF, the Contractor has caused this agreement to be executed this ______ day of , 20 .

FOR: ______________________________________
Type or Print name of company on line above
SIGNED: ______________________________________
Type name & title here:

SIGNED: ______________________________________
Type name & title here:

CITY OF LAKE ELSINORE
BY: ______________________________________________
Brian Tisdale, Mayor

CITY OF LAKE ELSINORE
ATTEST: APPROVED BY:
____________________________
Candice Alvarez, City Clerk

CITY OF LAKE ELSINORE
____________________________
Jason P. Simpson, City Manager

CITY OF LAKE ELSINORE
21)
Agreement with UniFirst for Employee Uniforms, Shop Towels, and Logo Mat Services
Approve and authorize the City Manager to execute an Agreement with UniFirst for Employee Uniforms, Shop Towels, and Logo Mat Services for an amount not to exceed $25,795.64 per Fiscal Year in such final form approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency of $2,579.00 for unanticipated costs.

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Rick De Santiago, Public Works Manager
Date:April 22, 2025
Subject:Agreement with UniFirst for Employee Uniforms, Shop Towels, and Logo Mat Services
Recommendation
Approve and authorize the City Manager to execute an Agreement with UniFirst for Employee Uniforms, Shop Towels, and Logo Mat Services for an amount not to exceed $25,795.64 per Fiscal Year in such final form approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency of $2,579.00 for unanticipated costs.

Background
The Public Works Department provides uniform services to employees. The City has contracted with UniFirst to provide employee uniform rental services, shop towels, and entry floor mats.

UniFirst will supply and maintain high-quality uniforms tailored to our workforce, ensuring a professional appearance while offering a range of durable shop towels for various operational needs. Additionally, UniFirst will provide entry-floor mats designed to enhance safety and cleanliness within our facilities.

Discussion
This agreement will provide weekly services to City Facilities and 33 Public Works Operations Staff.

Field Workers
•Airflow Shirts 11 each ($148.50 weekly)
•Work Pants 11 each ($145.53 weekly)
•Polos 2 each ($8.64)
UniFirst Agreement

Supervisors/Leads
•Polos 11 each ($10.56 weekly)
•Jeans 11 each ($24.42 weekly)
Facilities
•(6) 3x5 Logo Mats ($21.00 weekly)
•200 Shop Towels ($12.00 weekly)
•Ongoing Prep ($31.20 weekly)
•Ongoing Emblem ($11.88 weekly)
•Garment Maintenance ($66.00 weekly)
•Delivery/Fuel ($14.00 weekly)
This figure considers the quality of the products and the customization required to meet our branding standards.

UniFirst has been competitively bid and priced on Sourcewell, contract number #011124-UFC, with an expiration date of March 25, 2028. Sourcewell was created by state law as a service cooperative to provide programs and services to members of education and government.

Sourcewell was established with the statutory purpose of assisting members in meeting specific needs that are more efficiently delivered cooperatively than by an individual entity. Sourcewell is authorized to establish competitively awarded cooperative purchasing contracts for itself and its member agencies. Sourcewell follows the competitive contracting law process to solicit, evaluate, and award cooperative purchasing contracts for goods and services. Sourcewell cooperative purchasing contracts are made available through the joint exercise of powers law to member agencies. Member agencies include all eligible government, education, and non-profit agencies nationwide and in Canada.

Fiscal Impact
The funding is available in the FY2024-25 Operating Budget.

Attachments
Attachment 1 -Agreement
Exhibit A - Proposal
Public Works

AGREEMENT FOR CONTRACTOR SERVICES
UniFirst
Employee Uniforms, Shop Towels and Logo Mat Services
This Agreement for Contractor Services (the “Agreement”) is made and entered into as of April 22, 2025, by and between the City of Lake Elsinore, a municipal corporation (‘‘City") and UniFirst, a Corporation ("Contractor").

RECITALS
A. The City has determined that it requires the following Contractor services:

Employee uniforms, shop towels and logo mat services.

B. Contractor has submitted to City a proposal, dated March 18, 2025, attached hereto as Exhibit A (“Contractor’s Proposal”) and incorporated herein, to provide contractor services to City pursuant to the terms of this Agreement.

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

D. City desires to retain Contractor to perform the services as provided herein and Contractor desires to provide such contractor services as set forth in this Agreement.

AGREEMENT

1. Scope of Services. Contractor shall perform the services described in Contractor’s Proposal (Exhibit A). Contractor shall provide such services at the time, place, and in the manner specified in Contractor’s Proposal, subject to the direction of the City through its staff that it may provide from time to time.

2. Time of Performance.
a. Time of Essence. Time is of the essence in the performance of this Agreement. The time for completion of the contractor services to be performed by Contractor is an essential condition of this Agreement. Contractor shall prosecute regularly and diligently the contractor services contemplated pursuant to this Agreement according to the agreed upon performance schedule in Contractor’s Proposal (Exhibit A). b. Performance Schedule. Contractor 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 Contractor’s Proposal (Exhibit A). When requested by Contractor, extensions to the time period(s) specified may be approved in writing by the City Manager.
c. Term and Compliance with Task/Work Order System. Unless earlier terminated as provided elsewhere in this Agreement, this Agreement shall continue in full force

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0 and effect for a period commencing on April 22, 2025 and ending June 30, 2026. The City may, at its sole discretion, extend the term of this Agreement on a 12-month basis not to exceed 2 additional twelve (12) month renewal terms by giving written notice thereof to Contractor not less than thirty (30) days before the end of the contract term, such notice to be exercised by the City Manager.

Contractor hereby agrees and acknowledges that any and all work or services performed pursuant to this Agreement shall be based upon the issuance of a Task/Work Order by the City. Contractor acknowledges that it is not guaranteed any minimum or specific amount of work or services as all work or services shall be authorized through a Task/Work Order issued by the City.

3. Compensation. Compensation to be paid to Contractor shall be in accordance with the fees set forth in Contractor's Proposal (Exhibit A), which is attached hereto and incorporated herein by reference. In no event shall Contractor's annual compensation exceed Twenty-Five Thousand Seven Hundred Ninety-Five dollars and Sixty-Four cents ($25,795.64) without additional written authorization from the City. Notwithstanding any provision of Contractor's Proposal to the contrary, out of pocket expenses set forth in Exhibit A shall be reimbursed at cost without an inflator or administrative charge. Payment by City under this Agreement shall not be deemed a waiver of defects, even if such defects were known to the City at the time of payment.

4. Method of Payment. Contractor shall promptly submit billings to the City describing the services and related work performed during the preceding month to the extent that such services and related work were performed. Contractor’s bills shall be segregated by project task, if applicable, such that the City receives a separate accounting for work done on each individual task for which Contractor provides services. Contractor’s bills shall include a brief description of the services performed, the date the services were performed, the number of hours spent and by whom, and a description of any reimbursable expenditures. City shall pay Contractor no later than forty-five (45) days after receipt of the monthly invoice by City staff.

5. Background Checks. At any time during the term of this Agreement, the City reserves the right to make an independent investigation into the background of Contractor’s personnel who perform work required by this Agreement, including but not limited to their references, character, address history, past employment, education, social security number validation, and criminal or police records, for the purpose of confirming that such personnel are lawfully employed, qualified to provide the subject service or pose a risk to the safety of persons or property in and around the vicinity of where the services will be rendered or City Hall. If the City makes a reasonable determination that any of Contractor’s prospective or then current personnel is deemed objectionable, then the City may notify Contractor of the same. Contractor shall not use that personnel to perform work required by this Agreement, and if necessary, shall replace him or her with a suitable worker.

6. Suspension or Termination.
a. The City may at any time, for any reason, with or without cause, suspend or terminate this Agreement, or any portion hereof, by serving upon the Contractor at least ten (10) days prior written notice. Upon receipt of such notice, the Contractor shall immediately cease all work under this Agreement, unless the notice provides otherwise. If the City suspends or terminates a portion of this Agreement such suspension or termination shall not make void or invalidate the remainder of this Agreement.

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0 b. In the event this Agreement is terminated pursuant to this Section, the City shall pay to Contractor the actual value of the work performed up to the time of termination, provided that the work performed is of value to the City. Upon termination of the Agreement pursuant to this Section, the Contractor will submit an invoice to the City, pursuant to Section entitled “Method of Payment” herein.

7. Plans, Studies, Documents.
a. Ownership of Documents. All plans, studies, documents and other writings prepared by and for Contractor, its officers, employees and agents and subcontractors in the course of implementing this Agreement, except working notepad internal documents, shall become the property of the City upon payment to Contractor for such work, and the City shall have the sole right to use such materials in its discretion without further compensation to Contractor or to any other party. Contractor shall, at Contractor’s expense, provide such reports, plans, studies, documents and other writings to City upon written request. City shall have sole determination of the public’s rights to documents under the Public Records Act, and any third- party requests of Contractor shall be immediately referred to City, without any other actions by Contractor.
b. Licensing of Intellectual Property. This Agreement creates a nonexclusive and perpetual license for City to copy, use, modify, reuse, or sublicense any and all copyrights, designs, and other intellectual property embodied in plans, specifications, studies, drawings, estimates, and other documents or works of authorship fixed in any tangible medium of expression, including but not limited to, physical drawings or data magnetically or otherwise recorded on computer diskettes, which are prepared or caused to be prepared by Contractor under this Agreement ("Documents & Data"). Contractor shall require that all subcontractors agree in writing that City is granted a nonexclusive and perpetual license for any Documents & Data the subcontractor prepares under this Agreement. Contractor represents and warrants that Contractor has the legal right to license any and all Documents & Data. Contractor makes no such representation and warranty in regard to Documents & Data which were prepared by design professionals other than Contractor or provided to Contractor by the City. City shall not be limited in any way in its use of the Documents & Data at any time, provided that any such use not within the purposes intended by this Agreement shall be at City’s sole risk. c. Confidentiality. All ideas, memoranda, specifications, plans, procedures, drawings, descriptions, computer program data, input record data, written information, and other Documents & Data either created by or provided to Contractor in connection with the performance of this Agreement shall be held confidential by Contractor. Such materials shall not, without the prior written consent of City, be used by Contractor for any purposes other than the performance of the services under this Agreement. Nor shall such materials be disclosed to any person or entity not connected with the performance of the services under this Agreement. Nothing furnished to Contractor which is otherwise known to Contractor or is generally known, or has become known, to the related industry shall be deemed confidential. Contractor shall not use City’s name or insignia, photographs relating to project for which Contractor’s services are rendered, or any publicity pertaining to the Contractor’s services under this Agreement in any magazine, trade paper, newspaper, television or radio production or other similar medium without the prior written consent of City.

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0 8. Contractor’s Books and Records.
a. Contractor shall maintain any and all ledgers, books of account, invoices, vouchers, canceled checks, and other records or documents evidencing or relating to charges for services, or expenditures and disbursements charged to City for a minimum period of three (3) years, or for any longer period required by law, from the date of final payment to Contractor to this Agreement.
b. Contractor shall maintain all documents and records which demonstrate performance under this Agreement for a minimum period of three (3) years, or for any longer period required by law, from the date of termination or completion of this Agreement. c. Any records or documents required to be maintained pursuant to this Agreement shall be made available for inspection or audit, at any time during regular business hours, upon written request by the City Manager, City Attorney, City Auditor or a designated representative of these officers. Copies of such documents shall be provided to the City for inspection at City Hall when it is practical to do so. Otherwise, unless an alternative is mutually agreed upon, the records shall be available at Contractor’s address indicated for receipt of notices in this Agreement.
d. Where City has reason to believe that such records or documents may be lost or discarded due to dissolution, disbandment or termination of Contractor’s business, City may, by written request by any of the above-named officers, require that custody of the records be given to the City and that the records and documents be maintained in City Hall. Access to such records and documents shall be granted to any party authorized by Contractor, Contractor’s representatives, or Contractor’s successor-in-interest.

9. Independent Contractor.
a. Contractor is and shall at all times remain as to the City a wholly independent contractor pursuant to California Labor Code Section 3353. The personnel performing the services under this Agreement on behalf of Contractor shall at all times be under Contractor’s exclusive direction and control. Neither City nor any of its officers, employees, or agents shall have control over the conduct of Contractor or any of Contractor’s officers, employees, or agents, except as set forth in this Agreement. Contractor shall not at any time or in any manner represent that it or any of its officers, employees, or agents are in any manner officers, employees, or agents of the City. Contractor shall not incur or have the power to incur any debt, obligation, or liability whatsoever against City, or bind City in any manner. b. Notwithstanding any other federal, state and local laws, codes, ordinances and regulations to the contrary and except for the fees paid to Contractor as provided in the Agreement, Contractor and any of its employees, agents, and subcontractors providing service under this Agreement shall not qualify for or become entitled to, and hereby agree to waive any claims to, any compensation, benefit, or any incident of employment by City, including but not limited to eligibility to enroll in PERS as an employee of City and entitlement to any contribution to be paid by City for employer contribution and/or employee contributions for PERS benefits.

10. PERS Eligibility Indemnification. In the event that Contractor or any employee, agent, or subcontractor of Contractor providing services under this Agreement claims or is determined by a court of competent jurisdiction or the California Public Employees Retirement System (PERS) to be eligible for enrollment in PERS as an employee of the City, Contractor shall

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0 indemnify, defend, and hold harmless City for the payment of any employee and/or employer contributions for PERS benefits on behalf of Contractor or its employees, agents, or subcontractors, as well as for the payment of any penalties and interest on such contributions, which would otherwise be the responsibility of City.

11. Interests of Contractor. Contractor (including principals, associates and professional employees) covenants and represents that it does not now have any investment or interest in real property and shall not acquire any interest, direct or indirect, in the area covered by this Agreement or any other source of income, interest in real property or investment which would be affected in any manner or degree by the performance of Contractor’s services hereunder. Contractor further covenants and represents that in the performance of its duties hereunder no person having any such interest shall perform any services under this Agreement.

Contractor is not a designated employee within the meaning of the Political Reform Act because Contractor:
a. will conduct research and arrive at conclusions with respect to his/her rendition of information, advice, recommendation or counsel independent of the control and direction of the City or of any City official, other than normal agreement monitoring; and b. possesses no authority with respect to any City decision beyond rendition of information, advice, recommendation or counsel. (FPPC Reg. 18700(a)(2).)

12. Professional Ability of Contractor. City has relied upon the professional training and ability of Contractor to perform the services hereunder as a material inducement to enter into this Agreement. Contractor shall therefore provide properly skilled professional and technical personnel to perform all services under this Agreement. All work performed by Contractor under this Agreement shall be in accordance with applicable legal requirements and shall meet the standard of quality ordinarily to be expected of competent professionals in Contractor’s field of expertise.

13. Compliance with Laws.
a. Contractor shall comply with all local, state and federal laws and regulations applicable to the services required hereunder, including any rule, regulation or bylaw governing the conduct or performance of Contractor and/or its employees, officers, or board members.
b. Contractor represents that it has obtained and will maintain at all times during the term of this Agreement all professional and/or business licenses, certifications and/or permits necessary for performing the services described in this Agreement, including a City business license.

14. Licenses. Contractor represents and warrants to City that it has the licenses, permits, qualifications, insurance and approvals of whatsoever nature which are legally required of Contractor to practice its profession. Contractor represents and warrants to City that Contractor shall, at its sole cost and expense, keep in effect or obtain at all times during the term of this Agreement, any licenses, permits, insurance and approvals which are legally required of Contractor to practice its profession. Contractor shall maintain a City of Lake Elsinore business license.

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0 15. Indemnity. Contractor shall indemnify, defend, and hold harmless the City and its officials, officers, employees, agents, and volunteers from and against any and all losses, liability, claims, suits, actions, damages, and causes of action arising out of any personal injury, bodily injury, loss of life, or damage to property, or any violation of any federal, state, or municipal law or ordinance, to the extent caused, in whole or in part, by the willful misconduct or negligent acts or omissions of Contractor or its employees, subcontractors, or agents, by acts for which they could be held strictly liable, or by the quality or character of their work. The foregoing obligation of Contractor shall not apply when (1) the injury, loss of life, damage to property, or violation of law arises from the sole negligence or willful misconduct of the City or its officers, employees, agents, or volunteers and (2) the actions of Contractor or its employees, subcontractor, or agents have contributed in no part to the injury, loss of life, damage to property, or violation of law. It is understood that the duty of Contractor to indemnify and hold harmless includes the duty to defend as set forth in Section 2778 of the California Civil Code. Acceptance by City of insurance certificates and endorsements required under this Agreement does not relieve Contractor from liability under this indemnification and hold harmless clause. This indemnification and hold harmless clause shall apply to any damages or claims for damages whether or not such insurance policies shall have been determined to apply. By execution of this Agreement, Contractor acknowledges and agrees to the provisions of this Section and that it is a material element of consideration.

16. Insurance Requirements.
a. Insurance. Contractor, at Contractor’s own cost and expense, shall procure and maintain, for the duration of the contract, unless modified by the City’s Risk Manager, the following insurance policies.
i. Workers’ Compensation Coverage. Contractor shall maintain Workers’ Compensation Insurance and Employer’s Liability Insurance for his/her employees in accordance with the laws of the State of California. In addition, Contractor shall require each subcontractor to similarly maintain Workers’ Compensation Insurance and Employer’s Liability Insurance in accordance with the laws of the State of California for all of the subcontractor’s employees. Any notice of cancellation or non-renewal of all Workers’ Compensation policies must be received by the City at least thirty (30) days prior to such change. The insurer shall agree to waive all rights of subrogation against City, its officers, agents, employees and volunteers for losses arising from work performed by Contractor for City. In the event that Contractor is exempt from Worker’s Compensation Insurance and Employer’s Liability Insurance for his/her employees in accordance with the laws of the State of California, Contractor shall submit to the City a Certificate of Exemption from Workers Compensation Insurance in a form approved by the City Attorney.
ii. General Liability Coverage. Contractor shall maintain commercial general liability insurance in an amount not less than one million dollars ($1,000,000) per occurrence for bodily injury, personal injury and property damage. If a commercial general liability insurance form or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to the work to be performed under this Agreement or the general aggregate limit shall be at least twice the required occurrence limit. Required commercial general liability coverage shall be at least as broad as Insurance Services Office Commercial General Liability occurrence form CG 0001 (ed. 11/88) or Insurance Services Office form number GL 0002 (ed. 1/73) covering comprehensive General Liability and Insurance Services Office form number GL 0404

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0 covering Broad Form Comprehensive General Liability. No endorsement may be attached limiting the coverage.
iii. Automobile Liability Coverage. Contractor shall maintain automobile liability insurance covering bodily injury and property damage for all activities of the Contractor arising out of or in connection with the work to be performed under this Agreement, including coverage for owned, hired and non-owned vehicles, in an amount of not less than one million dollars ($1,000,000) combined single limit for each occurrence.

Automobile liability coverage must be at least as broad as Insurance Services Office Automobile Liability form CA 0001 (ed. 12/90) Code 1 (“any auto”). No endorsement may be attached limiting the coverage.
iv. Professional Liability Coverage. Contractor shall maintain professional errors and omissions liability insurance appropriate for Contractor’s profession for protection against claims alleging negligent acts, errors or omissions which may arise from Contractor’s services under this Agreement, whether such services are provided by the Contractor or by its employees, subcontractors, or sub Contractors. The amount of this insurance shall not be less than one million dollars ($1,000,000) on a claims-made annual aggregate basis, or a combined single limit per occurrence basis. b. Endorsements. Each general liability and automobile liability insurance policy shall be with insurers possessing a Best’s rating of no less than A:VII and shall be endorsed with the following specific language:
i. Notwithstanding any inconsistent statement in any required insurance policies or any subsequent endorsements attached thereto, the protection offered by all policies, except for Workers’ Compensation, shall bear an endorsement whereby it is provided that, the City and its officers, employees, servants, volunteers and agents and independent contractors, including without limitation, the City Manager and City Attorney, are named as additional insureds. Additional insureds shall be entitled to the full benefit of all insurance policies in the same manner and to the same extent as any other insureds and there shall be no limitation to the benefits conferred upon them other than policy limits to coverages.
ii. This policy shall be considered primary insurance as respects the City, its elected or appointed officers, officials, employees, agents and volunteers. Any insurance maintained by the City, including any self-insured retention the City may have, shall be considered excess insurance only and shall not contribute with it. iii. This insurance shall act for each insured and additional insured as though a separate policy had been written for each, except with respect to the limits of liability of the insuring company.
iv. The insurer waives all rights of subrogation against the City, its elected or appointed officers, officials, employees or agents. v. Any failure to comply with reporting provisions of the policies shall not affect coverage provided to the City, its elected or appointed officers, officials, employees, agents or volunteers.

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0 vi. The insurance provided by this Policy shall not be suspended, voided, canceled, or reduced in coverage or in limits except after thirty (30) days written notice has been received by the City.
c. Deductibles and Self-Insured Retentions. Any deductibles or self-insured retentions must be declared to and approved by the City. At the City’s option, Contractor shall demonstrate financial capability for payment of such deductibles or self-insured retentions. d. Certificates of Insurance. Contractor shall provide certificates of insurance with original endorsements to City as evidence of the insurance coverage required herein.

Certificates of such insurance shall be filed with the City on or before commencement of performance of this Agreement. Current certification of insurance shall be kept on file with the City at all times during the term of this Agreement.

17. Notices. Any notice required to be given under this Agreement shall be in writing and either served personally or sent prepaid, first class mail. Any such notice shall be addressed to the other party at the address set forth below. Notice shall be deemed communicated within 48 hours from the time of mailing if mailed as provided in this section.

If to City: City of Lake Elsinore
Attn: City Manager
130 South Main Street
Lake Elsinore, CA 92530
With a copy to: City of Lake Elsinore
Attn: City Clerk
130 South Main Street
Lake Elsinore, CA 92530
If to Contractor:UniFirst
Attn: Jorge Flores
700 S. Etiwanda Ave. Suite C
Ontario, CA 91761

18. Assignment and Subcontracting. The parties recognize that a substantial inducement to City for entering into this Agreement is the professional reputation, experience and competence of Contractor and the subcontractors listed in Exhibit B. Contractor shall be fully responsible to City for all acts or omissions of any subcontractors. Assignments of any or all rights, duties or obligations of the Contractor under this Agreement will be permitted only with the express consent of the City. Contractor shall not subcontract any portion of the work to be performed under this Agreement except as provided in Exhibit B without the written authorization of the City. If City consents to such subcontract, Contractor shall be fully responsible to City for all acts or omissions of those subcontractors. Nothing in this Agreement shall create any contractual relationship between City and any subcontractor nor shall it create any obligation on the part of the City to pay or to see to the payment of any monies due to any such subcontractor other than as otherwise is required by law.

19. Waiver. Waiver of a breach or default under this Agreement shall not constitute a continuing waiver of a subsequent breach of the same or any other provision under this Agreement.

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0 20. Litigation Expenses and Attorneys’ Fees. If either party to this Agreement commences any legal action against the other party arising out of this Agreement, the prevailing party shall be entitled to recover its reasonable litigation expenses, including court costs, expert witness fees, discovery expenses, and attorneys’ fees.

21. Mediation. The parties agree to make a good faith attempt to resolve any disputes arising out of this Agreement through mediation prior to commencing litigation. The parties shall mutually agree upon the mediator and share the costs of mediation equally. If the parties are unable to agree upon a mediator, the dispute shall be submitted to JAMS or its successor in interest. JAMS shall provide the parties with the names of five qualified mediators. Each party shall have the option to strike two of the five mediators selected by JAMS and thereafter the mediator remaining shall hear the dispute. If the dispute remains unresolved after mediation, either party may commence litigation.

22. Prohibited Interests. Contractor maintains and warrants that it has not employed nor retained any company or person, other than a bona fide employee working solely for Contractor, to solicit or secure this Agreement. Further, Contractor warrants that it has not paid nor has it agreed to pay any company or person, other than a bona fide employee working solely for Contractor, any fee, commission, percentage, brokerage fee, gift or other consideration contingent upon or resulting from the award or making of this Agreement. For breach or violation of this warranty, City shall have the right to rescind this Agreement without liability. For the term of this Agreement, no member, officer or employee of City, during the term of his or her service with City, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom.

23. Equal Opportunity Employment. Contractor represents that it is an equal opportunity employer and it shall not discriminate against any subcontractor, employee or applicant for employment because of race, religion, color, national origin, handicap, ancestry, sex or age. Such non-discrimination shall include, but not be limited to, all activities related to initial employment, upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination.

24. Prevailing Wages. Contractor is aware of the requirements of California Labor Code Section 1720, et seq., and 1770, et seq., as well as California Code of Regulations, Title 8, Section 16000, et seq., ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on "public works" and "maintenance" projects.

Contractor agrees to fully comply with all applicable federal and state labor laws (including, without limitation, if applicable, the Prevailing Wage Laws). It is agreed by the parties that, in connection with the Work or Services provided pursuant to this Agreement, Contractor shall bear all risks of payment or non-payment of prevailing wages under California law, and Contractor hereby agrees to defend, indemnify, and hold the City, and its officials, officers, employees, agents, and volunteers, free and harmless from any claim or liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. The foregoing indemnity shall survive termination of this Agreement.

25. Severability. If any term or portion of this Agreement is held to be invalid, illegal, or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions of this Agreement shall continue in full force and effect.

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0 26. Controlling Law Venue. This Agreement and all matters relating to it shall be governed by the laws of the State of California and any action brought relating to this Agreement shall be held exclusively in a state court in the County of Riverside.

27. Authority to Enter Agreement. Contractor has all requisite power and authority to conduct its business and to execute, deliver, and perform the Agreement. Each party warrants that the individuals who have signed this Agreement have the legal power, right, and authority to make this Agreement and to bind each respective party. The City Manager is authorized to enter into an amendment or otherwise take action on behalf of the City to make the following modifications to the Agreement: (a) a name change; (b) grant extensions of time; (c) non- monetary changes in the scope of services; and/or (d) suspend or terminate the Agreement.

28. Counterparts. This Agreement may be executed in several counterparts, each of which shall constitute one and the same instrument and shall become binding upon the parties when at least one copy hereof shall have been signed by both parties hereto. In approving this Agreement, it shall not be necessary to produce or account for more than one such counterpart.

29. Entire Agreement; Incorporation; Conflict. This Agreement contains the entire understanding between the parties relating to the obligations described herein. All prior or contemporaneous understandings, agreements, representations and statements, oral or written, are superseded in total by this Agreement and shall be of no further force or effect. Contractor’s Proposal is incorporated only for the description of the scope of services and/or the schedule of performance and no other terms and conditions from such proposal shall apply to this Agreement unless specifically agreed to in writing. In the event of conflict, this Agreement shall take precedence over those contained in the Contractor’s Proposal.

30. Amendments. This Agreement may be modified or amended only by a written document executed by both Contractor and City and approved as to form by the City Attorney. [Signatures on next page]

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0 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed on the date first written above.
“CITY”
CITY OF LAKE ELSINORE, a municipal
corporation
City Manager
ATTEST:

City Clerk
APPROVED AS TO FORM:

City Attorney
Assistant City Manager
“CONTRACTOR”
UniFirst, a Corporation
By: Jorge Flores
Its: General Manager
Attachments: Exhibit A – Contractor’s Proposal
Exhibit B – List of Subcontractors

EXHIBIT A

EXHIBIT A
CONTRACTOR’S PROPOSAL
[ATTACHED]

EXHIBIT B

EXHIBIT B

LIST OF SUBCONTRACTORS
[ATTACHED]
Uniform Service Proposal For
UniFirst Item Total Weekly Unit Weekly
Code Description Inventory Qty Rate Total
UL0344 3x5 LOGO Mat 12 6 3.50$ 21.00$
802310 Shop Towels 400 200 0.06$ 12.00$
Towel Replacement 1 1 2.34$ 2.34$
Field Workers -$
08EM Airflow Shirt- 11 each 297 297 0.50$ 148.50$ 10MY Work Pant- 11 each 297 297 0.49$ 145.53$
04MM Polos- 2 each 54 54 0.16$ 8.64$
Supervisors/Leads -$
04MM Polos- 11 each 66 66 0.16$ 10.56$
10JJ Jeans- 11 each 66 66 0.37$ 24.42$
8950 Soil Locker 2 2 -$ -$
9075 Laundry Bag 2 2 -$ -$
Ongoing Prep 780 780 0.04$ 31.20$
Ongoing Emblem 297 297 0.04$ 11.88$
Garment Maintenance 660 660 0.10$ 66.00$
DEFE (Delivery, Env, Fuel, Energy) 1 1 14.00$ 14.00$ 496.07$
March 18, 2025
City of Lake Elsinore 700 S. Etiwanda Ave Suite C Ontario, CA 91761 Weekly Rental
Proposed pricing effective for 30 days from date at top of page $25,795.64 Yearly Spend

ONE TIME CHARGES FOR NEW EMPLOYEES (WAIVED)
COMPANY LOGO EMBLEM 3.00$
INDIVIDUAL NAME EMBLEM 2.00$
GARMENT PREP CHARGE 1.00$
Full Rental Services Include:
> Garments repaired at No Additional Charge.
> Worn garments replaced with NEW at No Replacement Charge. > Guaranteed 24-Hour Response to All Customer Service Inquiries. > Quarterly Customer Satisfaction Audits.
> UniFirst Written Guarantee Service Promise
> No Hidden Charges
Thank you for the opportunity to earn your business!
> Sizing with sample garments to assure a comfortable fit. > Garments inspected weekly for items in need of repair or replacement.

UniFirst Sales Rep
Melissa Uribe
714-331-0295

22)
Agreement with Shaw Integrated & Turf Solutions, Inc. for the Replacement of Flooring at the Neighborhood Center (CIP Project No. Z20005) Approve and authorize the City Manager to execute an Agreement with Shaw Integrated & Turf Solutions, Inc., for an amount not to exceed $53,190.81 in such final form approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency of $5,319.00 for unanticipated costs.

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Rick De Santiago, Public Works Manager
Date:April 22, 2025
Subject:Agreement with Shaw Integrated & Turf Solutions, Inc. for the Replacement of Flooring at the Neighborhood Center (CIP Project No. Z20005) Recommendation
Approve and authorize the City Manager to execute an Agreement with Shaw Integrated & Turf Solutions, Inc., for an amount not to exceed $53,190.81 in such final form approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency of $5,319.00 for unanticipated costs.

Background
The Neighborhood Center requires new flooring to replace the existing flooring installed in 2019.

The current flooring has begun to lift and separate, resulting in gaps that pose trip hazards for visitors and staff. A new, durable flooring solution will enhance safety and improve the overall aesthetic of the Neighborhood Center.

Discussion
This Agreement will allow Shaw Integrated and Turf Solutions, Inc. to replace the damaged flooring at the Neighborhood Center with high-quality commercial-grade flooring. The selected flooring features a rock-solid material core, providing superior scratch, strain, and water resistance to indentation.

Shaw Integrated & Turf Solutions Agreement

Shaw Integrated & Turf Solutions, Inc. has been competitively bid and priced on Sourcewell, contract number #061323-SII, with an expiration date of May 26, 2026. Sourcewell was created by state law as a service cooperative to provide programs and services to members of education and government. Sourcewell was established with the statutory purpose of assisting members in meeting specific needs that are more efficiently delivered cooperatively than by an individual entity. Sourcewell is authorized to establish competitively awarded cooperative purchasing contracts for itself and its member agencies. Sourcewell follows the competitive contracting law process to solicit, evaluate, and award cooperative purchasing contracts for goods and services.

Sourcewell cooperative purchasing contracts are made available through the joint exercise of powers law to member agencies. Member agencies include all eligible government, education, and non-profit agencies nationwide and in Canada.

Waiver of Competitive Bidding Procedures
Under Section 3.08.070(G) of the Municipal Code, the City Council can waive the competitive bidding requirement that would otherwise be utilized for this purchase and installation. In addition to the benefits outlined above, flooring satisfies all of the City's requirements compared to competitors, with significant shortfalls in specifications and operating levels essential to the City's needs. These benefits and characteristics suited to the City's specific needs support the finding that waiving the competitive bidding requirement for this purchase is in the City's best interest.

Therefore, staff recommends that the City Council waive the competitive bidding according to Municipal Code Section 3.08.070(G) and allow the City Manager to replace the flooring at the Neighborhood Center as outlined in this agenda report.

Fiscal Impact
The funding is available in the FY2025-26 Capital Improvement Plan (CIP) Z20005.

Attachments
Attachment 1 - Agreement
Exhibit A - Quote
Public Works
1 Agreement No. __________

AGREEMENT FOR PUBLIC WORKS CONSTRUCTION
Shaw Integrated & Turf Solutions, Inc.

For the
Replacement of Flooring
at Neighborhood Center
CIP PROJECT NO. Z20005
This Agreement for Public Works Construction (“Agreement”) is made and entered into as of April 22, 2025 by and between the City of Lake Elsinore, a municipal corporation (“City”) and Shaw Integrated & Turf Solutions, Inc. (“Contractor”).

The City and Contractor, in consideration of the mutual promises and covenants set forth herein, agree as follows:

1. The Project and Project Documents. Contractor agrees to construct the following public improvements (“work”) identified as:

Replacement of Flooring at Neighborhood Center (the “Project”) The City-approved plans for the construction of the Project, which are incorporated herein by reference and prepared by N/A, are identified as:

N/A
The Project Documents include this Agreement and all of the following: (1) the Notice Inviting Bids, Instructions to Bidders, Bid Documents including Bidder’s Proposal as submitted by the Contractor, Contract Documents, General Specifications, Special Provisions, and all attachments and appendices; (2) everything referenced in such documents, such as specifications, details, standard plans or drawings and appendices, including all applicable State and Federal requirements; (3) all required bonds, insurance certificates, permits, notices, and affidavits; and (4) any and all addenda or supplemental agreements clarifying, amending or extending the work contemplated as may be required to insure completion in an acceptable manner. All of the provisions of the above-listed documents are made a part of this Agreement as though fully set forth herein.

2. Compensation.
a. For and in consideration of the payments and agreements to be made and performed by City, Contractor agrees to construct the Project, including furnishing all materials and performing all work required for the Project, and to fulfill all other obligations as set forth in the Bidder’s Proposal, such contract price being Fifty-Three Thousand One Hundred Ninety and Eighty-One Cents ($53,190.81).
2 b. City hereby promises and agrees to employ, and does hereby employ, Contractor to provide the materials, do the work, and fulfill the obligations according to the terms and conditions herein contained and referred to, for the prices set forth, and hereby contracts to pay the same at the time, in the manner, and upon the conditions set forth in the Project Documents.
c. Contractor agrees to receive and accept the prices set forth in the Bidder’s Proposal as full compensation for furnishing all materials, performing all work, and fulfilling all obligations hereunder. Such compensation shall cover all expenses, losses, damages, and consequences arising out of the nature of work during its progress or prior to its acceptance including those for well and faithfully completing the work and the whole thereof in the manner and time specified in the Project Documents; and also including those arising from actions of the elements, unforeseen difficulties or obstructions encountered in the prosecution of the work, suspension or discontinuance of the work, and all other unknowns or risks of any description connected with the work.

3. Completion of Work.
a. Contractor shall perform and complete all work within 30 working days from the date of commencement specified in the Notice to Proceed, and shall provide, furnish and pay for all the labor, materials, necessary tools, expendable equipment, and all taxes, utility and transportation services required for construction of the Project. b. All work shall be performed and completed in a good workmanlike manner in strict accordance with the drawings, specifications and all provisions of this Agreement as hereinabove defined and in accordance with applicable laws, codes, regulations, ordinances and any other legal requirements governing the Project.
c. Contractor shall not be excused with respect to the failure to so comply by any act or omission of the City, the City Engineer, a City inspector, or a representative of any of them, unless such act or omission actually prevents the Contractor from fully complying with the requirements of the Project Documents, and unless the Contractor protests at the time of such alleged prevention that the act or omission is preventing the Contractor from fully complying with the Project Documents. Such protest shall not be effective unless reduced to writing and filed with the City within three (3) working days of the date of occurrence of the act or omission preventing the Contractor from fully complying with the Project Documents. d. City and Contractor recognize that time is of the essence in the performance of this Agreement and further agree that if the work called for under the Agreement is not completed within the time hereinabove specified, damages will be sustained by the City and that, it is and will be impracticable or extremely difficult to ascertain and determine the actual amount of damages the City will sustain in the event of, and by reason of, such delay. It is, therefore, agreed that such damages shall be presumed to be in the amount of $1,000.00 per calendar day, and that the Contractor will pay to the City, or City may retain from amounts otherwise payable to Contractor, such amount for each calendar day by which the Contractor fails to complete the work, including corrective items of work, under this Agreement within the time hereinabove specified and as adjusted by any changes to the work. 3 4. Changes to Work. City and Contractor agree that the City may make changes to the work, or suspend the work, and no matter how many changes, such changes or suspensions are within the contemplation of the Contractor and City and will not be a basis for a compensable delay claim against the City nor be the basis for a liquidated damage claim against the Contractor.

Any change to the work shall be by way of a written instrument (“change order”) signed by the City and the Contractor, stating their agreement to the following:
a. The scope of the change in the work;
b. The amount of the adjustment to the contract price; and c. The extent of the adjustment to the Schedule of Performance.

The City Engineer is authorized to sign any change order provided that sufficient contingency funds are available in the City’s approved budget for the Project. All change in the work authorized by the change order shall be performed under the applicable conditions of the Project Documents. City and Contractor shall negotiate in good faith and as expeditiously as possible the appropriate adjustments for such changes.

5. Bonds. Contractor shall provide, before commencing work, a Faithful Performance Bond and a Labor and Material Bond, each for one-hundred percent (100%) of the contract price in the form that complies with the Project Documents and is satisfactory to the City Attorney.

6. Non-Assignability. Neither this Agreement nor any rights, title, interest, duties or obligations under this Agreement may be assigned, transferred, conveyed or otherwise disposed of by Contractor without the prior written consent of City.

7. Licenses. Contractor represents and warrants to City that it holds the contractor’s license or licenses set forth in the Project Documents, is registered with the Department of Industrial Relations pursuant to Labor Code Section 1725.5, and holds such other licenses, permits, qualifications, insurance and approvals of whatsoever nature which are legally required of Contractor. Contractor represents and warrants to City that Contractor shall, at its sole cost and expense, keep in effect or obtain at all times during the term of this Agreement, any licenses, permits, insurance and approvals which are legally required of Contractor to practice its profession. Contractor shall maintain a City of Lake Elsinore business license.

8. Indemnity. Contractor shall indemnify, defend, and hold harmless the City and its officials, officers, employees, agents, the County and Board Supervisors, and volunteers from and against any and all losses, liability, claims, suits, actions, damages, and causes of action arising out of any personal injury, bodily injury, loss of life, or damage to property, or any violation of any federal, state, or municipal law or ordinance, to the extent caused, in whole or in part, by the willful misconduct or negligent acts or omissions of Contractor or its employees, subcontractors, or agents, by acts for which they could be held strictly liable, or by the quality or character of their work. The foregoing obligation of Contractor shall not apply when (1) the injury, loss of life, damage to property, or violation of law arises from the sole negligence or willful misconduct of the City or its officers, employees, agents, or volunteers and (2) the actions of Contractor or its employees, subcontractor, or agents have contributed in no part to the injury, loss of life, damage to
4 property, or violation of law. It is understood that the duty of Contractor to indemnify and hold harmless includes the duty to defend as set forth in Section 2778 of the California Civil Code.

Acceptance by City of insurance certificates and endorsements required under this Agreement does not relieve Contractor from liability under this indemnification and hold harmless clause.

This indemnification and hold harmless clause shall apply to any damages or claims for damages whether or not such insurance policies shall have been determined to apply. By execution of this Agreement, Contractor acknowledges and agrees to the provisions of this Section and that it is a material element of consideration.

9. Insurance Requirements.
a. Insurance. Contractor, at Contractor’s own cost and expense, shall procure and maintain, for the duration of the Agreement, unless modified by the City’s Risk Manager, the following insurance policies.
i. Workers’ Compensation Coverage. Contractor shall maintain Workers’ Compensation Insurance and Employer’s Liability Insurance for his/her employees in accordance with the laws of the State of California. In addition, Contractor shall require each subcontractor to similarly maintain Workers’ Compensation Insurance and Employer’s Liability Insurance in accordance with the laws of the State of California for all of the subcontractor’s employees. Any notice of cancellation or non-renewal of all Workers’ Compensation policies must be received by the City at least thirty (30) days prior to such change. The insurer shall agree to waive all rights of subrogation against City, its officers, agents, employees and volunteers for losses arising from work performed by Contractor for City. In the event that Contractor is exempt from Worker’s Compensation Insurance and Employer’s Liability Insurance for his/her employees in accordance with the laws of the State of California, Contractor shall submit to the City a Certificate of Exemption from Workers Compensation Insurance in a form approved by the City Attorney.
ii. Commercial General Liability Coverage. Contractor shall maintain commercial general liability insurance in an amount not less than one million dollars ($1,000,000) per occurrence for bodily injury, personal injury and property damage. If a commercial general liability insurance form or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to the work to be performed under this Agreement or the general aggregate limit shall be at least twice the required occurrence limit. Required commercial general liability coverage shall be at least as broad as Insurance Services Office Commercial General Liability occurrence form CG 0001 (ed. 11/88) or Insurance Services Office form number GL 0002 (ed. 1/73) covering comprehensive General Liability and Insurance Services Office form number GL 0404 covering Broad Form Comprehensive General Liability. No endorsement may be attached limiting the coverage.
iii. Automobile Liability Coverage. Contractor shall maintain automobile liability insurance covering bodily injury and property damage for all activities of the Contractor arising out of or in connection with the work to be performed under this Agreement, including coverage for owned, hired and non-owned vehicles, in an amount of not less than one million dollars ($1,000,000) combined single limit for each occurrence. Automobile liability coverage must be at least as broad as Insurance Services Office Automobile Liability form CA 0001 (ed. 12/90) Code 1 (“any auto”). No endorsement may be attached limiting the coverage.
5 iv. Builder’s Risk Coverage. Prior to the commencement of any construction of the Project, Design-Builder shall obtain (or cause to be obtained) and keep in force during the term of any construction, builder’s risk insurance insuring for all risks of physical loss of or damage (excluding the perils of earthquake and flood). v. Professional Liability Coverage. Contractor shall maintain professional errors and omissions liability insurance appropriate for Contractor’s profession for protection against claims alleging negligent acts, errors or omissions which may arise from Contractor’s services under this Agreement, whether such services are provided by the Contractor or by its employees, subcontractors, or sub consultants.

The amount of this insurance shall not be less than one million dollars ($1,000,000) on a claims-made annual aggregate basis, or a combined single limit per occurrence basis.
b. Endorsements. Each general commercial liability and automobile liability insurance policy shall be with insurers possessing a Best’s rating of no less than A:VII and shall be endorsed with the following specific language:
i. The City, its elected or appointed officers, officials, employees, agents and volunteers are to be covered as additional insured with respect to liability arising out of work performed by or on behalf of the Contractor, including materials, parts or equipment furnished in connection with such work or operations. ii. This policy shall be considered primary insurance as respects the City, its elected or appointed officers, officials, employees, agents and volunteers. Any insurance maintained by the City, including any self-insured retention the City may have, shall be considered excess insurance only and shall not contribute with it. iii. This insurance shall act for each insured and additional insured as though a separate policy had been written for each, except with respect to the limits of liability of the insuring company.
iv. The insurer waives all rights of subrogation against the City, its elected or appointed officers, officials, employees or agents. v. Any failure to comply with reporting provisions of the policies shall not affect coverage provided to the City, its elected or appointed officers, officials, employees, agents or volunteers.
vi. The insurance provided by this Policy shall not be suspended, voided, canceled, or reduced in coverage or in limits except after thirty (30) days written notice has been received by the City.
c. Deductibles and Self-Insured Retentions. Any deductibles or self-insured retentions must be declared to and approved by the City. At the City’s option, Contractor shall demonstrate financial capability for payment of such deductibles or self-insured retentions. d. Certificates of Insurance. Contractor shall provide certificates of insurance with original endorsements to City as evidence of the insurance coverage required herein.

Certificates of such insurance shall be filed with the City on or before commencement of 6 performance of this Agreement. Current certification of insurance shall be kept on file with the City at all times during the term of this Agreement.

10. Notices. Any notice required to be given under this Agreement shall be in writing and either served personally or sent prepaid, first class mail. Any such notice shall be addressed to the other party at the address set forth below. Notice shall be deemed communicated within 48 hours from the time of mailing if mailed as provided in this section.

If to City: City of Lake Elsinore
Attn: City Manager
130 South Main Street
Lake Elsinore, CA 92530
With a copy to: City of Lake Elsinore
Attn: City Clerk
130 South Main Street
Lake Elsinore, CA 92530
If to Contractor: Shaw Integrated & Turf Solutions, Inc.

Attn: Stephanie Langford
PO Box 2128 Dalton,
GA 30722-2152

11. Entire Agreement. This Agreement constitutes the complete and exclusive statement of agreement between the City and Contractor. All prior written and oral communications, including correspondence, drafts, memoranda, and representations, are superseded in total by this Agreement.

12. Amendments. This Agreement may be modified or amended only by a written document executed by both Contractor and City and approved as to form by the City Attorney.

13. Assignment and Subcontracting. Contractor shall be fully responsible to City for all acts or omissions of any subcontractors. Assignments of any or all rights, duties for obligations of the Contractor under this Agreement will be permitted only with the express consent of the City. Nothing in this Agreement shall create any contractual relationship between City and any subcontractor nor shall it create any obligation on the part of the City to pay or to see to the payment of any monies due to any such subcontractor other than as otherwise is required by law.

14. Waiver. Waiver of a breach or default under this Agreement shall not constitute a continuing waiver of a subsequent breach of the same or any other provision under this Agreement.

15. Severability. If any term or portion of this Agreement is held to be invalid, illegal, or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions of this Agreement shall continue in full force and effect.

16. Controlling Law Venue. This Agreement and all matters relating to it shall be governed by the laws of the State of California and any action brought relating to this Agreement shall be held exclusively in a state court in the County of Riverside. 7 17. Litigation Expenses and Attorneys’ Fees. If either party to this Agreement commences any legal action against the other party arising out of this Agreement, the prevailing party shall be entitled to recover its reasonable litigation expenses, including court costs, expert witness fees, discovery expenses, and attorneys’ fees.

18. Mediation. The parties agree to make a good faith attempt to resolve any disputes arising out of this Agreement through mediation prior to commencing litigation. The parties shall mutually agree upon the mediator and share the costs of mediation equally. If the parties are unable to agree upon a mediator, the dispute shall be submitted to JAMS or its successor in interest. JAMS shall provide the parties with the names of five qualified mediators. Each party shall have the option to strike two of the five mediators selected by JAMS and thereafter the mediator remaining shall hear the dispute. If the dispute remains unresolved after mediation, either party may commence litigation.

19. Authority to Enter Agreement and Administration. Contractor has all requisite power and authority to conduct its business and to execute, deliver, and perform the Agreement. Each party warrants that the individuals who have signed this Agreement have the legal power, right, and authority to make this Agreement and to bind each respective party. The City Manager is authorized to enter into an amendment or otherwise take action on behalf of the City to make the following modifications to the Agreement: (a) a name change; (b) grant extensions of time; (c) non-monetary changes in the scope of services; and/or (d) suspend or terminate the Agreement. The City Engineer shall act as the Project administrator on behalf of the City.

20. Prohibited Interests. Contractor maintains and warrants that it has not employed nor retained any company or person, other than a bona fide employee working solely for Contractor, to solicit or secure this Agreement. Further, Contractor warrants that it has not paid nor has it agreed to pay any company or person, other than a bona fide employee working solely for Contractor, any fee, commission, percentage, brokerage fee, gift or other consideration contingent upon or resulting from the award or making of this Agreement. For breach or violation of this warranty, City shall have the right to rescind this Agreement without liability. For the term of this Agreement, no member, officer or employee of City, during the term of his or her service with City, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom.

21. Equal Opportunity Employment. Contractor represents that it is an equal opportunity employer and it shall not discriminate against any subcontractor, employee or applicant for employment because of race, religion, color, national origin, handicap, ancestry, sex or age. Such non-discrimination shall include, but not be limited to, all activities related to initial employment, upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination.

22. Prevailing Wages.
a. Contractor and all subcontractors shall adhere to the general prevailing rate of per diem wages as determined and as published by the State Director of the Department of Industrial Relations pursuant to Labor Code Sections 1770, 1773, and 1773.2. Copies of these rates and the latest revisions thereto are on file in the office of the City Clerk of the City of Lake Elsinore and are available for review upon request. 8 b. Contractor's attention is directed to the provisions of Labor Code Sections 1774, 1775, 1776, 1777.5 and 1777.6. Contractor shall comply with the provisions of these Sections. The statutory provisions for penalties for failure to comply with the State's wage and the hours laws will be enforced.
c. Labor Code Sections 1774 and 1775 require the Contractor and all subcontractors to pay not less than the prevailing wage rates to all workmen employed in the execution of the contract and specify forfeitures and penalties for failure to do so. The minimum wages to be paid are those determined by the State Director of the Department of Industrial Relations. Labor Code Section 1776 requires the Contractor and all subcontractors to keep accurate payroll records, specifies the contents thereof, their inspection and duplication procedures and certain notices required of the Contractor pertaining to their location. The statutory penalties for failure to pay prevailing wages will be enforced. If the Project has been awarded to Contractor on or after April 1, 2015, Contractor and its subcontractors must furnish electronic certified payroll records to the Labor Commissioner. Beginning January 1, 2016, Contractor and its subcontractors must furnish electronic certified payroll records to the Labor Commissioner without regard to when the Project was awarded to Contractor. d. Labor Code Section 1777.5 requires Contractor or subcontractor employing tradesmen in any apprenticeable occupation to apply to the Joint Apprenticeship Committee nearest the site of the public works project, which administers the apprenticeship program in that trade for a certificate of approval. The certificate will also fix the ratio of apprentices to journeymen to be used in the performance of the Agreement. The Contractor is required to make contributions to funds established for the administration of apprenticeship programs if the Contractor employs registered apprentices or journeymen in any apprenticeable trade and if other contractors on the public works site are making such contributions.

Information relative to apprenticeship standards, contributions, wage schedules and other requirements may be obtained from the State Director of Industrial Relations or from the Division of Apprenticeship Standards. Labor Code Section 1777.6 provides that it shall be unlawful to refuse to accept otherwise qualified employees as registered apprentices solely on the grounds of race, religious creed, color, national origin, ancestry, sex, or age. e. Eight hours labor constitutes a legal day's work, as set forth in Labor Code Section 1810.

23. Execution. This Agreement may be executed in several counterparts, each of which shall constitute one and the same instrument and shall become binding upon the parties when at least one copy hereof shall have been signed by both parties hereto. In approving this Agreement, it shall not be necessary to produce or account for more than one such counterpart. [Signatures on next page]
9 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed on the date first written above.
“CITY”
CITY OF LAKE ELSINORE, a municipal
corporation
“CONTRACTOR”
Shaw Integrated & Turf Solutions, Inc., a
Corporation
City Manager
ATTEST:

By: Stephanie Langford
Its:

City Clerk
APPROVED AS TO FORM:

By:Click or tap here to enter text.

Its: Click or tap here to enter text.

City Attorney
Assistant City Manager

EXHIBIT A
CONTRACTOR’S PROPOSAL
[ATTACHED]

EXHIBIT B

LIST OF SUBCONTRACTORS
[ATTACHED]
Fax: ( ) -
( ) -Phone:

Mail Drop 999 P.O. Box 748552
Atlanta, GA 30384-8552
DateProposal Submitted To Attention Phone Fax
City of Lake Elsinore
Proposal Name Job Name Job #
Lake Elsinore Community Center
Street Job Street Proposal ID
We hereby submit specifications and estimates for:

City, State and Zip Job City, State and Zip Customer PO Lake Elsinore, CA 92530--000 LAKE ELSINORE, CA 92530--000 177 S Langstaff Center Street
Add #Date of Plans
Sourcewell
Architect Customer Job #
84739
177 S Langstaff Center Street
Lake Elsinore Community Center 189685
02/20/25
214901
None
( ) -( ) -
Extended Price Unit PriceColorItem Description Qty UOM
$270.82$50.81TBS/To Be SelectedJive Tile EW 24" x 24" 5.33 SY $19,946.73$5.35TBS/To Be SelectedOrigin Resilient Plank 6" x 48" 6MM 3,728.36 SF $675.84$112.64TBS/To Be SelectedRubber Cove Stick 4" Base 1/8" 6.00 Carton $34.45$34.45LokWorx+ Carpet Tile Adhesive 1 Gallon /
H5001

1.00 Each
$2,682.12$191.583 in 1 Ultra Rigid Mineral Core Adhesive 4 Gallon 14.00 Each $56.40$28.20Wall Base Adhesive 1 Gallon / 166VS 2.00 Gal $60.02$11.26Carpet Tile Installation 5.33 SY
$1,872.00$2.884" Vinyl Base Installation (excludes materials) 650.00 LF $1,042.80$86.90Furniture Removal and Replacement 12.00 SY $4,246.50$1.14LVT/VCT Demolition (standard) 3,725.00 SF $3,166.25$0.85LVT/VCT Disposal 3,725.00 Each
$6,332.50$1.70Skimcoat - Labor & Material 3,725.00 Each $8,455.75$2.27LVT Installation (no pattern; excludes materials) 3,725.00 SF $1,000.00$200.00Moisture Testing 5.00 Each
$439.74$24.43Open Market - Uzin 888 Floor Prep 10 lb. bags 18.00 Each $1,731.89$1,731.89Reimbursement of taxes imposed on the contractor. The contract price does not include
any contingency for such tax.

1.00 Each
$1,169.06$1,169.06Estimated Freight - Pricing Good for 30 Days 1.00 Each $7.94California Carpet Assessment as required by AB
2398
$53,190.81Base Bid Total:

Proposal Inclusions and Exclusions:

1. Sourcewell Contract# 061323-SII

2. Local Contact: Lina Bouch Installer: Moore Flooring

3. Material title and risk of loss passes to the purchaser at the time of material delivery to owner provided address

4. Price includes work as specifically stated in the above description for the quantities stated. Any circumstances that require additional labor will be handled through the change order process.

5. Extensive floor prep is not included in the price but may be necessary due to unforeseen conditions of the sub-floor. This work may include, but is not limited to, leveling or grinding, encapsulation or sealing, or extensive scraping of the sub-floor. Should extensive floor prep be required, you will be notified and a price estimate for the completion of the additional work will be prepared.

6. Exclusions: attic stock, major floor prep, furniture moving unless specified in proposal, disconnecting and moving of computers and electronic equipment, vacuuming and protection of finished products, and any plumbing work (removal of commodes, etc)..

7. Shaw is not licensed as an asbestos abatement Contractor. If asbestos is discovered at the jobsite, work shall cease immediately.

Flooring Contractor/Subcontractor will not resume work until the asbestos has been sealed or abated through a certified asbestos abatement contractor.

Fax: ( ) -
( ) -Phone:

Mail Drop 999 P.O. Box 748552
Atlanta, GA 30384-8552
Proposal ID: 214901
Proposal Inclusions and Exclusions:

8. All pricing is based on work being completed during normal working hours.

9. Price is based on a consecutive installation period without delays and is based on the customer allowing installation crews access to work a minimum of 8 consecutive hours a day until completion. Delays other than "acts of God" will result in charges for down-time.

10. SITS License Numbers: AL 57717, AK 198637, AZ ROC340172, AR 425700423, CA 1104309, CT MCO.0904495, DE 2022707978, GA GCCO007817, ID 02790, IA C143575, LA 73789, MN IR793001, MS 24811-SC, MT 265535, NE 25084-22, NM 409483/28744860162022, NV 90225, NC 87924, ND 46612, OR 240563, RI GC-33871, SC 124179, TN 77794, UT 12846822-5501, VA 2705183154, WA SHAWITT789M2, WV WV061877

11. Please email your Purchase Order to Stephanie Langford at [email protected] to initiate the order process. A purchase order is required before materials can be shipped.

12. Remit to Address: SHAW INTEGRATED SOLUTIONS PO Box 748552 Atlanta, GA 30384-8552

13. Shaw does not provide warranty for third party products provided by the subcontractor/installation provider.

14. A 2.5% fee will be assessed on the total bid amount at time of payment if utilizing a credit card.

15. PREVAILING WAGE APPLIES
Stephanie Langford $53,190.81
We PROPOSE to perform the work complete in accordance with the specifications and as described above for the SUM of:

Signature:

Conditions of Proposal:

Stephanie Langford
Email: [email protected]

1. This Proposal may be withdrawn, if not accepted, within 30 days of its issuance. Shaw Industries Group, Inc. will consider reasonable requests to engage in negotiations for revisions to this Proposal, including signing a subcontract that includes the terms of this Proposal. A proposal not accepted within 30 days will be subject to price escalation of materials, labor, freight and fuel costs.

2. This proposal is subject to credit review and approval. Payment terms are net 30 days. A convenience fee of 2.5% will be added if paying via credit card. Past due invoices are subject to service charges of 1.5% per month (18% per annum). In the case of any default, Customer shall pay Shaw Industries Group, Inc.'s reasonable attorney fees and costs, including those on any appeal, even if no suit or action is filed.

3. All work shall be performed in a workmanlike manner according to industry standards. Areas to receive flooring shall be free and clear of debris. Any changes to the work shall be performed only after execution of a written change order.

4. Prior to commencement of Shaw Industries Group, Inc.'s work: (a) Customer shall test all concrete sub floors receiving flooring for vapor emission levels and alkalinity per manufacturers' recommendations utilizing ASTM F2170 and provide written results to Shaw Industries Group, Inc., including a list of any sealers applied to the concrete sub floor; (b) If Customer does not provide such reports at least 10 days prior to commencement of Shaw Industries Group, Inc.'s work, then Customer shall provide Shaw Industries Group, Inc. with access to all concrete sub floors for appropriate testing and Customer shall be responsible for the costs of such testing; and (c) Any concrete sub floors not meeting manufacturers' requirements for installation will require correction or the execution of a separate waiver agreement.

5. All work is contingent upon strikes, accidents or delays beyond Shaw Industries Group, Inc.'s control. Customer shall carry insurance for all hazards, including fire. Shaw Industries Group, Inc.'s workers are fully covered by Worker's Compensation and Liability Insurance.

6. Customer represents and warrants that: (a) the project site contains no hazardous or other dangerous substances, either exposed or concealed; or (b) Customer has given written notice to Shaw Industries Group, Inc. of all such substances and their location(s). To the fullest extent permitted by law, Customer shall indemnify, defend and hold Shaw Industries Group, Inc. harmless from any damage, claim, loss, expense and attorney fees related to Shaw Industries Group, Inc.'s liability, if any, including any federal or state statute related to hazardous or other dangerous substances.

7. Shaw Industries Group, Inc. is fully licensed, bonded, and insured. This proposal does not include participation in any OCIP/CCIP or related programs. Requests for Shaw Industries Group, Inc. to participate in such programs may result in additional costs.

8. Notwithstanding anything herein to the contrary, all prices are subject to immediate increase without limitation in the event of material change to applicable duties, taxes, tariffs, similar charges, or other government action.

ACCEPTANCE OF PROPOSAL: The above prices, specifications, and conditions are satisfactory and are hereby ACCEPTED.

City of Lake Elsinore Signed:Customer: Date:

You are authorized to do the work as specified.
23)
Agreement with Morton Pest Control for On-Call Services Approve and authorize the City Manager to execute an Agreement for On-Call Services with Morton Pest Control for $80,000 in such final form approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency of $8,000 for unanticipated costs.

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Rick De Santiago, Public Works Manager
Date:April 22, 2025
Subject:Agreement with Morton Pest Control for On-Call Services Recommendation
Approve and authorize the City Manager to execute an Agreement for On-Call Services with Morton Pest Control for $80,000 in such final form approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency of $8,000 for unanticipated costs.

Background
On-call services in the City are essential to maintaining City amenities and constructing low-cost minor projects. The City has contracted with Morton Pest Control for monthly pest control services.

Morton Pest Control currently provides services at the following locations:
•City Park Restrooms
•Citywide Parks
•Launch Pointe
•The Anchor
•Citywide Facilities
•Fire Department Facilities
On January 23, 2025, we were notified regarding the transition of our account from Robbins Pest Control to Thermaflow Heat. There were ongoing issues with Robbins Pest Control, including invoicing discrepancies, scheduling challenges, and unsatisfactory service quality.

Morton Pest Control Agreement

Discussion
The City received three responsive proposals for Pest Control Services. The amounts of each proposal are listed below:

Name of Company Amount
Richie’s Termite and Pest Non-Responsive
Main Sail Pest Control $1,835 monthly
Thermaflow Heat $1,290 monthly
Morton Pest Control $2,145 monthly
City staff reached out to various pest control companies for quotes. The Lake Elsinore School District highly recommended Morton Pest Control. Although Morton Pest Control submitted the highest quote, their extensive experience and capability to manage on a larger scale distinguished them from the other two companies. Main Sail Pest Control primarily services small businesses, residential areas, and Thermaflow Heat, whose main office is not local.

This agreement ensures that the City receives effective and responsive pest management services.

Bidding Procedures
Chapter 3.12 of the Lake Elsinore Municipal Code, entitled Informal Bidding Procedures for Public Works Projects, provides for informal bidding procedures governing the selection of contractors and the award of contracts for public works projects according to Public Contract Code Sections 22032(b) and 22034, as authorized and directed by Public Contract Code Section 22034.

As noted above, the bid is within the informal bid limit of $200,000. The bidder has also satisfied the City’s requirements.

Fiscal Impact
The funding is available in the FY2025-26 Operating Budget.

Attachments
Attachment 1 - Agreement
Exhibit A - Service Rate Sheet
Attachment 2 - Letter of Recommendation
Public Works

AGREEMENT FOR CONTRACTOR SERVICES
Morton Pest Control

ON-CALL SERVICES
This Agreement for Contractor Services (On-Call) (the “Agreement”) is made and entered into as of April 22, 2025 by and between the City of Lake Elsinore , a municipal corporation (the “City”) and Morton Pest Control , a Corporation (the “Contractor”).

RECITALS
A. The City has determined that it requires the following services:

On-Call Pest Control Services.

B. The City has prepared a request for a proposals and Contractor has submitted to City a proposal, dated March 14, 2025, both of which are attached hereto as Exhibit A (collectively, the "Contractor's Proposal") and incorporated herein, to provide services and related work to the City pursuant to the terms of this Agreement.

C. Contractor possesses the skill, experience, ability, background, certification and knowledge to perform the services and related work described in this Agreement on the terms and conditions Agreement.

AGREEMENT

1. Scope of Services. Contractor shall perform the services and related work described in Contractor's Proposal (Exhibit A). Contractor shall provide such services and related work at the time, place, and in the manner specified in Contractor's Proposal (Exhibit A), subject to the direction of the City through its staff that it may provide from time to time. Contractor acknowledges that the Scope of Services provides for 24 hour-a-day, 7 day-a-week, on-call and minor construction support on an as needed basis.

2. Time of Performance .
a. Time of Essence . Time is of the essence in the performance of this Agreement. The time for completion of the services and related work to be performed by Contractor is an essential condition of this Agreement. Contractor shall prosecute regularly and diligently the services and related work contemplated pursuant to this Agreement consistent with Contractor 's Proposal (Exhibit A) and shall provide, furnish and pay all labor, materials, necessary tools, expendable equipment, and all taxes, utility and transportation services required to perform such the services and related work.
b. Performance Schedule . Contractor shall commence the services and related work pursuant to this Agreement upon receipt of a written notice to proceed and shall perform all services and related work within the time period(s) established in the Contractor's Proposal (Exhibit A). When requested by Contractor , extensions to the time period(s) specified may be approved in writing by the City Manager .

c. Term and Compliance with Task/Work Order System. Unless earlier terminated as provided elsewhere in this Agreement , this Agreement shall continue in full force and effect for a period commencing on April 22, 2025 and ending June 30, 2026. The City may, at its sole discretion, extend the term of this Agreement on a 12-month basis not to exceed 2 additional twelve (12) month renewal terms by giving written notice thereof to Contractor not less than thirty (30) days before the end of the contract term, such notice to be exercised by the City Manager.

Contractor hereby agrees and acknowledges that any and all work or services performed pursuant to this Agreement shall be based upon the issuance of a Task/Work Order by the City. Contractor acknowledges that it is not guaranteed any minimum or specific amount of work or services as all work or services shall be authorized through a Task/Work Order issued by the City.

3. Compensation. Compensation to be paid to Contractor shall be in accordance with the fees set forth in Contractor's Proposal (Exhibit A), which is attached hereto and incorporated herein by reference . In no event shall Contractor's annual compensation exceed Eighty Thousand Dollars ($80,000 ) without additional written authorization from the City. Notwithstanding any provision of Contractor's Proposal to the contrary, out of pocket expenses set forth in Exhibit A shall be reimbursed at cost without an inflator or administrative charge. Payment by City under this Agreement shall not be deemed a waiver of defects, even if such defects were known to the City at the time of payment.

4. Method of Payment. Contractor shall promptly submit billings to the City describing the services and related work performed during the preceding month to the extent that such services and related work were performed . Contractor's bills shall be segregated by project task, if applicable, such that the City receives a separate accounting for work done on each individual task for which Contractor provides services. Contractor 's bills shall include a brief description of the services performed, the date the services were performed, the number of hours spent and by whom, and a description of any reimbursable expenditures. City shall pay Contractor no later than forty-five (45) days after receipt of the monthly invoice by City staff.

5. Background Checks . At any time during the term of this Agreement, the City reserves the right to make an independent investigation into the background of Contractor’s personnel who perform work required by this Agreement, including but not limited to their references, character, address history, past employment, education, social security number validation, and criminal or police records, for the purpose of confirming that such personnel are lawfully employed, qualified to provide the subject service or pose a risk to the safety of persons or property in and around the vicinity of where the services will be rendered or City Hall. If the City makes a reasonable determination that any of Contractor’s prospective or then current personnel is deemed objectionable, then the City may notify Contractor of the same.

Contractor shall not use that personnel to perform work required by this Agreement, and if necessary, shall replace him or her with a suitable worker.

6. Suspension or Termination.
a. The City may at any time, for any reason , with or without cause, suspend or terminate this Agreement, or any portion hereof , by serving upon the Contractor at least ten (10) days prior written notice. Upon receipt of such notice, the Contractor shall immediately cease all work under this Agreement , unless the notice provides otherwise . If the City suspends or terminates a portion of this Agreement, such suspension or termination shall not make void or invalidate the remainder of this Agreement.
b. In the event this Agreement is terminated pursuant to this Section, the City shall pay to Contractor the actual value of the work performed up to the time of termination, provided that the work performed is of value to the City. Upon termination of the Agreement pursuant to this

Section, the Contractor will submit an invoice to the City, pursuant to Section entitled "Method of Payment" herein.

7. Plans, Reports, Documents
a. Ownership of Documents . All plans, studies, documents and other writings prepared by and for Contractor, its officers, employees and agents and subcontractors in the course of implementing this Agreement, except working notepad internal documents, shall become the property of the City upon payment to Contractor for such work, and the City shall have the sole right to use such materials in its discretion without further compensation to Contractor or to any other party. Contractor shall, at Contractor's expense, provide such reports, plans, studies, documents and other writings to City upon written request. City shall have sole determination of the public’s rights to documents under the Public Records Act, and any third-party requests of Contractor shall be immediately referred to City, without any other actions by Contractor. b. Licensing of Intellectual Property. This Agreement creates a nonexclusive and perpetual license for City to copy, use, modify, reuse, or sublicense any and all copyrights , designs, and other intellectual property embodied in plans, specifications, studies, drawings, estimates, and other documents or works of authorship fixed in any tangible medium of expression, including but not limited to, physical drawings or data magnetically or otherwise recorded on computer diskettes, which are prepared or caused to be prepared by Contractor under this Agreement ("Documents & Data"). Contractor shall require that all subcontractors agree in writing that City is granted a nonexclusive and perpetual license for any Documents & Data the subcontractor prepares under this Agreement. Contractor represents and warrants that Contractor has the legal right to license any and all Documents & Data. Contractor makes no such representation and warranty in regard to Documents & Data, which were prepared by design professionals other than Contractor or provided, to Contractor by the City. City shall not be limited in any way in its use of the Documents & Data at any time, provided that any such use not within the purposes intended by this Agreement shall be at City's sole risk. c. Confidentiality. All ideas, memoranda, specifications, plans, procedures, drawings, descriptions, computer program data, input record data, written information, and other Documents & Data either created by or provided to Contractor in connection with the performance of this Agreement shall be held confidential by Contractor . Contractor shall not, without the prior written consent of City, use such materials for any purposes other than the performance of the services under this Agreement. Nor shall such materials be disclosed to any person or entity not connected with the performance of the services under this Agreement. Nothing furnished to Contractor, which is otherwise known to Contractor or is generally known, or has become known , to the related industry shall be deemed confidential. Contractor shall not use City's name or insignia , photographs relating to project for which Contractor's services are rendered , or any publicity pertaining to the Contractor's services under this Agreement in any magazine, trade paper, newspaper, television or radio production or other similar medium without the prior written consent of City.

8. Contractor's Books and Records .
a. Contractor shall maintain any and all ledgers, books of account, invoices, vouchers, canceled checks, and other records or documents evidencing or relating to charges for services, or expenditures and disbursements charged to City for a minimum period of three (3) years, or for any longer period required by law, from the date of final payment to Contractor to this Agreement.
b. Contractor shall maintain all documents and records which demonstrate performance under this Agreement for a minimum period of three (3) years, or for any longer period

required by law, from the date of termination or completion of this Agreement. c. Any records or documents required to be maintained pursuant to this Agreement shall be made available for inspection or audit, at any time during regular business hours, upon written request by the City Manager, City Attorney, City Auditor or a designated representative of these officers. Copies of such documents shall be provided to the City for inspection at City Hall when it is practical to do so. Otherwise, unless an alternative is mutually agreed upon, the records shall be available at Contractor's address indicated for receipt of notices in this Agreement. d. Where City has reason to believe that such records or documents may be lost or discarded due to dissolution, disbandment or termination of Contractor's business, City may, by written request by any of the above-named officers, require that custody of the records be given to the City and that the records and documents be maintained in City Hall. Access to such records and documents shall be granted to any party authorized by Contractor, Contractor's representatives, or Contractor's successor-in-interest.

9. Independent Contractor.
a. Contractor is and shall at all times remain as to the City a wholly independent contractor pursuant to California Labor Code Section 3353. The personnel performing the services under this Agreement on behalf of Contractor shall at all times be under Contractor’s exclusive direction and control. Neither City nor any of its officers, employees, or agents shall have control over the conduct of Contractor or any of Contractor’s officers, employees, or agents, except as set forth in this Agreement. Contractor shall not at any time or in any manner represent that it or any of its officers, employees, or agents are in any manner officers, employees, or agents of the City.

Contractor shall not incur or have the power to incur any debt, obligation, or liability whatsoever against City, or bind City in any manner .
b. Notwithstanding any other federal, state and local laws, codes, ordinances and regulations to the contrary, Contractor and any of its employees, agents, and subcontractors providing service under this Agreement shall not qualify for or become entitled to, and hereby agree to waive any claims to, any compensation, benefit, or any incident of employment by City, including but not limited to eligibility to enroll in PERS as an employee of City and entitlement to any contribution to be paid by City for employer contribution and/or employee contributions for PERS benefits.

10. PERS Eligibility Indemnification . In the event that Contractor or any employee, agent, or subcontractor of Contractor providing services under this Agreement claims or is determined by a court of competent jurisdiction or the California Public Employees Retirement System (PERS) to be eligible for enrollment in PERS as an employee of the City, Contractor shall indemnify, defend, and hold harmless City for the payment of any employee and/or employer contributions for PERS benefits on behalf of Contractor or its employees, agents, or subcontractors, as well as for the payment of any penalties and interest on such contributions, which would otherwise be the responsibility of City.

11. Interests of Contractor. Contractor (including principals, associates and management employees) covenants and represents that it does not now have any investment or interest in real property and shall not acquire any interest, direct or indirect, in the area covered by this Agreement or any other source of income, interest in real property or investment which would be affected in any manner or degree by the performance of Contractor's services hereunder. Contractor further covenants and represents that in the performance of its duties hereunder no person having any such interest shall perform any services under this Agreement.

Contractor is not a designated employee within the meaning of the Political Reform Act because Contractor:
a. will conduct research and arrive at conclusions with respect to his/her rendition of information , advice, recommendation or counsel independent of the control and direction of the City or of any City official, other than normal agreement monitoring ; and b. possesses no authority with respect to any City decision beyond rendition of information, advice, recommendation or counsel. (FPPC Reg. 18700(a) (2).)

12. Ability of Contractor . City has relied upon the training and ability of Contractor to perform the services hereunder as a material inducement to enter into this Agreement. Contractor shall therefore provide properly skilled personnel to perform all services under this Agreement. All work performed by Contractor under this Agreement shall be in accordance with applicable legal requirements and shall meet the standard of quality ordinarily to be expected of competent contractors in Contractor 's field of expertise .

13. Compliance with Laws.
a. Contractor shall comply with all local, state and federal laws and regulations applicable to the services required hereunder, including any rule, regulation or bylaw governing the conduct or performance of Contractor and/or its employees, officers, or board members. b. Contractor represents that it has obtained and will maintain at all times during the term of this Agreement all professional and/or business licenses, certifications and/or permits necessary for performing the services described in this Agreement, including a City business license.

14. Licenses . Contractor represents and warrants to City that it has the licenses, permits, qualifications, insurance and approvals of whatsoever nature, which are legally required of Contractor to practice its profession . Contractor represents and warrants to City that Contractor shall, at its sole cost and expense, keep in effect or obtain at all times during the term of this Agreement, any licenses, permits, insurance and approvals which are legally required of Contractor to practice its profession.

Contractor shall maintain a City of Lake Elsinore business license .

15. Indemnity . Contractor shall indemnify, defend, and hold harmless the City and its officials, officers, employees, agents, and volunteers from and against any and all losses, liability, claims , suits, actions, damages, and causes of action arising out of any personal injury, bodily injury, loss of life, or damage to property, or any violation of any federal, state, or municipal law or ordinance, to the extent caused, in whole or in part, by the willful misconduct or negligent acts or omissions of Contractor or its employees, subcontractors, or agents, by acts for which they could be held strictly liable, or by the quality or character of their work. The foregoing obligation of Contractor shall not apply when (1) the injury, loss of life, damage to property, or violation of law arises from the sole negligence or willful misconduct of the City or its officers, employees, agents, or volunteers and (2) the actions of Contractor or its employees, subcontractor, or agents have contributed in no part to the injury, loss of life, damage to property, or violation of law. It is understood that the duty of Contractor to indemnify and hold harmless includes the duty to defend as set forth in Section 2778 of the California Civil Code. Acceptance by City of insurance certificates and endorsements required under this Agreement does not relieve Contractor from liability under this indemnification and hold harmless clause. This indemnification and hold harmless clause shall apply to any damages or claims for damages whether or not such insurance policies shall have been determined to apply. By execution of this Agreement , Contractor acknowledges and agrees to the provisions of this Section and that it is a material element of consideration.

16. Insurance Requirements .
a. Insurance. Contractor, at Contractor's own cost and expense, shall procure and maintain, for the duration of the contract, unless modified by the City's Risk Manager, the following insurance policies.
i. Workers' Compensation Coverage . Contractor shall maintain Workers' Compensation Insurance and Employer's Liability Insurance for his/her employees in accordance with the laws of the State of California . In addition, Contractor shall require each subcontractor to similarly maintain Workers' Compensation Insurance and Employer's Liability Insurance in accordance with the laws of the State of California for all of the subcontractor's employees. Any notice of cancellation or non-renewal of all Workers' Compensation policies must be received by the City at least thirty (30) days prior to such change . The insurer shall agree to waive all rights of subrogation against City, its officers, agents, employees and volunteers for losses arising from work performed by Contractor for City. In the event that Contractor is exempt from Worker's Compensation Insurance and Employer's Liability Insurance for his/her employees in accordance with the laws of the State of California, Contractor shall submit to the City a Certificate of Exemption from Workers Compensation Insurance in a form approved by the City Attorney.
ii. General Liability Coverage. Contractor shall maintain commercial general liability insurance in an amount not less than one million dollars ($1,000 ,000) per occurrence for bodily injury, personal injury and property damage . If a commercial general liability insurance form or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to the work to be performed under this Agreement or the general aggregate limit shall be at least twice the required occurrence limit. Required commercial general liability coverage shall be at least as broad as Insurance Services Office Commercial General Liability occurrence form CG 0001 (ed. 11/88) or Insurance Services Office form number GL 0002 (ed. 1/73) covering comprehensive General Liability and Insurance Services Office form number GL 0404 covering Broad Form Comprehensive General Liability. No endorsement may be attached limiting the coverage.
iii. Automobile Liability Coverage . Contractor shall maintain automobile liability insurance covering bodily injury and property damage for all activities of the Contractor arising out of or in connection with the work to be performed under this Agreement, including coverage for owned, hired and non-owned vehicles , in an amount of not less than one million dollars ($1,000 ,000) combined single limit for each occurrence. Automobile liability coverage must be at least as broad as Insurance Services Office Automobile Liability form CA 0001 (ed. 12/90) Code 1 ("any auto"). No endorsement may be attached limiting the coverage . b. Endorsements. Each general liability and automobile liability insurance policy shall be with insurers possessing a Best's rating of no less than A:VII and shall be endorsed with the following specific language :
i. Notwithstanding any inconsistent statement in any required insurance policies or any subsequent endorsements attached thereto, the protection offered by all policies, except for Workers’ Compensation, shall bear an endorsement whereby it is provided that, the City and its officers, employees, servants, volunteers and agents and independent contractors, including without limitation, the City Manager and City Attorney, are named as additional insureds. Additional insureds shall be entitled to the full benefit of all insurance policies in the same manner and to the same extent as any other insureds and there shall be no limitation to the benefits conferred upon them other than policy limits to coverages.
ii. This policy shall be considered primary insurance as respects the City,

its elected or appointed officers, officials, employees, agents and volunteers . Any insurance maintained by the City, including any self-insured retention the City may have, shall be considered excess insurance only and shall not contribute with it. iii. This insurance shall act for each insured and additional insured as though a separate policy had been written for each, except with respect to the limits of liability of the insuring company.
iv. The insurer waives all rights of subrogation against the City, its elected or appointed officers , officials, employees or agents . v. Any failure to comply with reporting provisions of the policies shall not affect coverage provided to the City, its elected or appointed officers, officials, employees, agents or volunteers .
vi. The insurance provided by this Policy shall not be suspended , voided , canceled , or reduced in coverage or in limits except after thirty (30) days written notice has been received by the City.
c. Deductibles and Self-Insured Retentions . Any deductibles or self-insured retentions must be declared to and approved by the City. At the City's option, Contractor shall demonstrate financial capability for payment of such deductibles or self-insured retentions . d. Certificates of Insurance . Contractor shall provide certificates of insurance with original endorsements to City as evidence of the insurance coverage required herein. Certificates of such insurance shall be filed with the City on or before commencement of performance of this Agreement. Current certification of insurance shall be kept on file with the City at all times during the term of this Agreement.

17. Notices . Any notice required to be given under this Agreement shall be in writing and either served personally or sent prepaid, first class mail. Any such notice shall be addressed to the other party at the address set forth below. Notice shall be deemed communicated within 48 hours from the time of mailing if mailed as provided in this section .

If to City: City of Lake Elsinore
Attn: City Manager
130 South Main Street
Lake Elsinore, CA 92530
With a copy to:City of Lake Elsinore
Attn: City Clerk
130 South Main Street
Lake Elsinore, CA 92530
If to Contractor: Morton Pest Control
Attn: Branden Merrick
PO Box 1510
Wildomar, CA 92595

18. Assignment and Subcontracting . The parties recognize that a substantial inducement to City for entering into this Agreement is the reputation, experience and competence of Contractor .

Contractor shall be fully responsible to City for all acts or omissions of any subcontractors .

Assignments of any or all rights, duties or obligations of the Contractor under this Agreement will be permitted only with the express consent of the City. Contractor shall not subcontract any portion of the work to be performed under this Agreement without the written authorization of the City. If City consents to such subcontract, Contractor shall be fully responsible to City for all acts or omissions of those subcontractors. Nothing in this Agreement shall create any contractual relationship between City and any subcontractor nor shall it create any obligation on the part of the City to pay or to see to the payment of any monies due to any such subcontractor other than as otherwise is required by law.

19. Waiver. Waiver of a breach or default under this Agreement shall not constitute a continuing waiver of a subsequent breach of the same or any other provision under this Agreement.

20. Litigation Expenses and Attorneys' Fees. If either party to this Agreement commences any legal action against the other party arising out of this Agreement, the prevailing party shall be entitled to recover its reasonable litigation expenses, including court costs, expert witness fees, discovery expenses, and attorneys' fees.

21. Mediation . The parties agree to make a good faith attempt to resolve any disputes arising out of this Agreement through mediation prior to commencing litigation . The parties shall mutually agree upon the mediator and share the costs of mediation equally. If the parties are unable to agree upon a mediator, the dispute shall be submitted to JAMS or its successor in interest. JAMS shall provide the parties with the names of five qualified mediators . Each party shall have the option to strike two of the five mediators selected by JAMS and thereafter the mediator remaining shall hear the dispute . If the dispute remains unresolved after mediation, either party may commence litigation.

22. Prohibited Interests . Contractor maintains and warrants that it has not employed nor retained any company or person, other than a bona fide employee working solely for Contractor, to solicit or secure this Agreement. Further, Contractor warrants that it has not paid nor has it agreed to pay any company or person, other than a bona fide employee working solely for Contractor, any fee, commission, percentage, brokerage fee, gift or other consideration contingent upon or resulting from the award or making of this Agreement. For breach or violation of this warranty, City shall have the right to rescind this Agreement without liability. For the term of this Agreement, no member, officer or employee of City, during the term of his or her service with City, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom.

23. Equal Opportunity Employment. Contractor represents that it is an equal opportunity employer and it shall not discriminate against any subcontractor, employee or applicant for employment because of race, religion, color, national origin, handicap, ancestry, sex or age. Such non-discrimination shall include, but not be limited to, all activities related to initial employment, upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination .

24. Prevailing Wages . Contractor is aware of the requirements of California Labor Code Section 1720, et seq., and 1770, et seq., as well as California Code of Regulations, Title 8, Section 16000 , et seq., ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on "public works" and "maintenance" projects. Contractor agrees to fully comply with all applicable federal and state labor laws (including , without limitation, if applicable, the Prevailing Wage Laws). It is agreed by the parties that, in connection with the work or services provided pursuant to this Agreement, Contractor shall bear all risks of payment or non- payment of prevailing wages under California law, and Contractor hereby agrees to defend,

indemnify, and hold the City, and its officials, officers, employees, agents, and volunteers, free and harmless from any claim or liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. The foregoing indemnity shall survive termination of this Agreement.

25. Severability. If any term or portion of this Agreement is held to be invalid, illegal, or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions of this Agreement shall continue in full force and effect.

26. Controlling Law Venue. This Agreement and all matters relating to it shall be governed by the laws of the State of California and any action brought relating to this Agreement shall be held exclusively in a state court in the County of Riverside.

27. Authority to Enter Agreement. Contractor has all requisite power and authority to conduct its business and to execute, deliver, and perform the Agreement. Each party warrants that the individuals who have signed this Agreement have the legal power, right, and authority to make this Agreement and to bind each respective party. The City Manager is authorized to enter into an amendment or otherwise take action on behalf of the City to make the following modifications to the Agreement: (a) a name change; (b) grant extensions of time; (c) non-monetary changes in the scope of services; and/or (d) suspend or terminate the Agreement.

28. Counterparts. This Agreement may be executed in several counterparts , each of which shall constitute one and the same instrument and shall become binding upon the parties when at least one copy hereof shall have been signed by both parties hereto . In approving this Agreement, it shall not be necessary to produce or account for more than one such counterpart .

29. Entire Agreement; Incorporation; Conflict. This Agreement contains the entire understanding between the parties relating to the obligations described herein. All prior or contemporaneous understandings, agreements, representations and statements, oral or written, are superseded in total by this Agreement and shall be of no further force or effect. Contractor’s Proposal is incorporated only for the description of the scope of services and/or the schedule of performance and no other terms and conditions from such proposal shall apply to this Agreement unless specifically agreed to in writing. In the event of conflict, this Agreement shall take precedence over those contained in the Contractor’s Proposal.

30. Amendments . This Agreement may be modified or amended only by a written document executed by both Contractor and City and approved as to form by the City Attorney .

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed on the date first written above.
“CITY”
CITY OF LAKE ELSINORE, a municipal
corporation
“CONTRACTOR”
Morton Pest Control, a Corporation

City Manager
ATTEST:

City Clerk
APPROVED AS TO FORM:

City Attorney
Assistant City Manager
By: Branden Merrick
Its: Vice President
Attachments: Exhibit A – Contractor’s Proposal

EXHIBIT A

EXHIBIT A

CONTRACTOR'S PROPOSAL
[ATTACHED]
# Building Address Service
Frequency
Interior/Exterior
Spray
Exterior Rodent
Bait Boxes
Interior Mouse
Sticky Trap
Interior Rat
Sticky Trap
Interior Mouse
Snap Trap
Interior Rat
Snap Trap
1 Fire Station Rosetta Canyon 41725 Rosetta Canyon Monthly $70.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
2 Fire Station Canyon Estates 22770 Railroad Canyon Rd. Monthly $70.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
3 Fire Station McVicker Park 29405 Grand Ave. Monthly $70.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
# Building Address Service
Frequency
Interior
Spray
Exterior
Spray
Exterior Rodent
Bait Boxes
Interior Mouse
Sticky Trap
Interior Rat
Sticky Trap
Interior Mouse
Snap Trap
Interior Rat
Snap Trap
4 *The Anchor 215 W. Graham Ave. Monthly $15 Per Unit $80.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
# Building Address Service
Frequency
Interior/Exterior
Spray
Exterior Rodent
Bait Boxes
Interior Mouse
Sticky Trap
Interior Rat
Sticky Trap
Interior Mouse
Snap Trap
Interior Rat
Snap Trap
5 *Launch Pointe Resort 32040 Riverside Dr. Monthly See Pricing Below
$10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Community Hall Monthly $120.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Community Commons Monthly $25.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Base Camp/Base Camp Restrooms Monthly $90.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Aquaplane Lane/Splash Pad Monthly $80.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Track and Trails Monthly $80.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
The Fields Monthly $80.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Canopy Court/Biba Playground/Restrooms Monthly $90.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
The Loop Monthly $150.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Gift Shop/Check In/Security Kiosk Monthly $50.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Pool/Hot Tub Monthly $50.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Vintage Village Monthly $80.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
The Infield Monthly $80.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Police Station Monthly $25.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Storage Lot Monthly $90.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Maintenance Lot Monthly $120.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Yurts Monthly $80.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Yurt Public Restrooms Monthly $25.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
General Store/Restraunt Monthly $120.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Boat Launch Restrooms 32040 Riverside Dr. Monthly $25.00 # Building Address Service
Frequency
Interior/Exterior
Spray
Exterior Rodent
Bait Boxes
Interior Mouse
Sticky Trap
Interior Rat
Sticky Trap
Interior Mouse
Snap Trap
Interior Rat
Snap Trap
6 Public Works Admin Building 522 N. Poe St Monthly $65.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
7 Public Works City Maintenance
• Shop
• Storage Building
• Emergency Operations Center
521 N. Langstaff St Monthly $120.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
Launch Pointe Boat Launch
Morton Pest Control's Bid for the City of Lake Elsinore Fire Stations
The Anchor

Launch Pointe Resort
City Facilities

8 Youth Center/Tiny Tots 400 W. Graham Ave. Monthly $65.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
9 Historical Society Museum/Culteral Center 183 N Main St. Monthly $75.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
10 Community Center 310 S. Graham Ave. Monthly $65.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
11 Centennial Station 132 W Graham Ave. Monthly $65.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
12 Neighborhood Center 117 S. Langstaff Ave. Monthly $65.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
13 City Hall/City Hall Annex 130 S. Main St. Monthly $70.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
14 City Hall - Planning 301 N. Spring St. Monthly $65.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
15 Senior Center (Building A&B) 420 E. Lakeshore Dr. Monthly $75.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
# Building Address Service
Frequency
Interior/Exterior
Spray
Exterior Rodent
Bait Boxes
Interior Mouse
Sticky Trap
Interior Rat
Sticky Trap
Interior Mouse
Snap Trap
Interior Rat
Snap Trap
16 Christensen Community Park Restrooms 36300 Piedmont Dr. Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
17 Summerlake Park Restrooms 900 W. Broadway Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
18 Seaport Boat Launch Restrooms 500 Lakeshore Dr. Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
19 Swick/Matich Park
• Concessions/Restrooms
• Restrooms
402 Limited St. Monthly $45.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
20 McVicker Canyon Community Park
• Concessions/Restrooms
• Restrooms
29355 Grand Ave. Monthly $45.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
21 Rosetta Canyon Community Park
• Concessions/Restrooms
• Maintenance Buildings
39423 Ardenwood Way Monthly $75.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
22 Yarborough Park
• Equipment Rooms (2)
• Restrooms
419 N. Poe St. Monthly $45.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
23 Machado Park Restrooms 15150 Joy St. Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
24 Tuscany Hills Park
• Concessions/Restrooms 30 Summerhill Dr. Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
25 Summerhill Park Restrooms 31613 Canyon Estates Dr. Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
26 Alberhill Park
• Concessions/Restrooms 28200 Lake St. Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
27 Serenity Park Restrooms 19685 Palomar Rd. Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
28 City Park
• Storage
• Restrooms
243 S. Main st. Monthly $45.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
29 Creekside Park Restrooms 3200 Lost Rd. Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
30 Summerly Park
• Concessions/Restrooms 18505 Malaga Rd. Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
31 Canyon Hills Park
• Concessions/Restrooms
•Equipment Rooms (2)
34360 Canyon Hills Rd. Monthly $75.00 $10 Per Bait Box
As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
32 Lakepoint Park Restrooms 420 E. Lakeshore Dr. Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
33 Terracina Park Restrooms Monthly $45.00 $10 Per Bait Box As Needed
$8 Per Trap
As Needed
$10 Per Trap
As Needed
$4 Per Trap
As Needed
$6 Per Trap
As Needed
# Building Address Service
Frequency Fire Ants Gopher/Squirrel
Treatment
Exterior Rodent
Bait Boxes
Interior Mouse
Sticky Trap
Interior Rat
Sticky Trap
Interior Mouse
Snap Trap
Interior Rat
Snap Trap
34 Linear Park
• Squirrels
•Gophers
• Fire Ants
31717 Canyon Estates Dr. As Needed $45.00 See Corresponding Chart Below
$10 Per Bait Box
As Needed N/A N/A N/A N/A
35 Oak Tree Park
• Squirrels
• Gophers
• Fire Ants
15340 Lincoln St. As Needed $45.00 See Corresponding
Chart Below
$10 Per Bait Box
As Needed N/A N/A N/A N/A
36 Lincoin Street Park
• Squirrels
•Gophers
• Fire Ants
14986 Lincoln Ave. As Needed $45.00 See Corresponding
Chart Below
$10 Per Bait Box
As Needed N/A N/A N/A N/A
37 888 Park
• Squirrels
• Gophers
• Fire Ants
As Needed $45.00 See Corresponding
Chart Below
$10 Per Bait Box\
As Needed N/A N/A N/A N/A
City Parks
City Parks
38 Stovepipe Creek Park
• Squirrels
• Gophers
• Fire Ants
29132 Ranch Rd. As Needed $45.00 See Corresponding
Chart Below
$10 Per Bait Box
As Needed N/A N/A N/A N/A
39 Levee
• Squirrels
• Gophers
• Fire Ants
As Needed TBD See Corresponding
Chart Below
$10 Per Bait Box
As Needed N/A N/A N/A N/A
# Service Type Address Service
Frequency
Cost Per
Visit
1 Dead animal removal and disposal Any Location As Needed $75 Per Animal 2 Mosquito Fog Treatment Any Location As Needed Starting at $75 3 Mosquito Bait Stations Any Location Monthly $25 Per Unit 4 Bee/Wasp/Hornet Treatment Any Location As Needed $125+ 5 Inspection for Bed Bugs Any Location As Needed $75.00 6 Emergency call - Regular Business Hrs Any Location As Needed $100.00 7 Emergency Call - Nights Any Location As Needed $150.00 8 Emergency Call - Weekends Any Location As Needed $150.00 9 Emergency Call - Holidays Any Location As Needed $150.00 10 German Roach Inspection Any Location As Needed $75.00 11 Instalation of Interior traps Any Location As Needed $150.00 12 Trap check
• Mouse/Rat Snap Traps/Sticky Traps Any Location As Needed $75.00 13 Flea Treatment Any Location As Needed $150.00
14 Drain Flies/Gnats Any Location As Needed $35 Per Drain 15 Fly Control Any Location As Needed $100.00
16 Ant Gel Treatment Any Location As Needed $45.00 ea
17 Retreat Any Location As Needed $45.00
18 Seal ups Any Location As Needed $45.00 ea
# Service Type Address Service
Frequency
Cost Per
Visit
1 Inspection Any Location As Needed $100.00
2 Treatment of 1 - 4 Gophers Any Location As Needed $250.00 3 Treatment of 5 - 10 Gophers Any Location As Needed $300.00 4 Treatment of 11 - 15 Gophers Any Location As Needed $400.00 5 Treatment of 16 - 20 Gophers Any Location As Needed $500.00 6 Treatment of 25+ Gophers Any Location As Needed TBD
# Service Type Address Service
Frequency
Cost Per
Visit
1 Inspection Includes
• Inspection of property
• Trap Rental - 2 weeks
• Baiting and setting traps
Outdoor Locations As Needed $200.00
2 Animal Removal Includes
• Removal of 1 Animal
• Re - Bait and trap reset
Any Location As Needed $100.00
3 Re - Bait and trap reset
• No Animal Removal
Any Location As Needed $50.00
# Service Type Address Service
Frequency
Cost Per
Visit
1 Termite Inspection - Interior/exterior Any Location As Needed $150.00 Termite Inspection
Other Services
Gopher Inspection and Treatment
Squirrel and Rabbit Trapping and Removal

24)
Minutes of the Regular Successor Agency Meeting of March 25, 2025 Approve the Minutes.

REPORT TO SUCCESSOR AGENCY
To: Honorable Chair and Members of the Successor Agency From: Jason Simpson, Executive Director
Prepared by: Candice Alvarez, MMC, Secretary
Date:April 22, 2025
Subject:Minutes of the Regular Successor Agency Meeting of March 25, 2025 Recommendation
Approve the Minutes.

Attachments
Attachment 1 - Draft Minutes
City Clerk's Office

City of Lake Elsinore
City Council Meeting
Minutes – Draft

Brian Tisdale, Mayor
Robert E. Magee, Mayor Pro Tem
Steve Manos, Council Member
Timothy J. Sheridan, Council Member
Natasha Johnson, Council Member
Jason Simpson, City Manager
Meeting Date:

March 25, 2025

Closed Session: 6:00 PM
Public Session: 7:00 PM

Cultural Center
183 N. Main Street
Lake Elsinore, CA 92530

CALL TO ORDER

The Regular Meeting of the City Council was called to order at 6:00 p.m.

ROLL CALL

Present: 5 - Council Members Sheridan, Manos, and Johnson; Mayor Pro Tem Magee; and Mayor Tisdale

Absent: 0 - None

PUBLIC COMMENTS FOR CLOSED SESSION ITEMS

There were no speakers.

CLOSED SESSION

A. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Paragraph (1) of subdivision (d) of Section 54956.9)
Name of case: DS & RS Investment LLC, et al. v. City of Lake Elsinore, et al.; Riverside Superior Court Case No. CVME2402627

RECESS

The City Council recessed into Closed Session at 6:00 p.m.

RECONVENE/CALL TO ORDER

The Regular Meeting of the City Council reconvened and the Regular Meeting of the Successor Agency was called to order at 7:00 p.m.

City Council Minutes - Draft March 25, 2025

City of Lake Elsinore Page 2

PLEDGE OF ALLEGIANCE

City Clerk Alvarez led the Pledge of Allegiance.

ROLL CALL

Present: 5 - Council/Agency Members Sheridan, Manos, and Johnson; Mayor Pro Tem/Vice Chair Magee; and Mayor/Chair Tisdale

Absent: 0 - None

CLOSED SESSION REPORT

Assistant City Attorney Mann reported that one item was discussed; however, no reportable action was taken.

PRESENTATIONS/CEREMONIALS

1) DMV Donate Life Month

Present a Proclamation proclaiming the month of April 2025 as “DMV Donate Life Month” in the City of Lake Elsinore.

Mayor Tisdale presented the Proclamation to Erika Heranic and Margarita Hidalgo.

2) Business in Action Monthly Spotlight – Michi’s Tacos

Recognize Michi’s Tacos as the City of Lake Elsinore’s Business in Action Monthly Spotlight for March 2025.

Mayor Tisdale and Economic Development Manager David De Vries presented the Certificate of Recognition to Michi’s Tacos owners, Karol and Herman Herrera.

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 1 MINUTE

There were no speakers.

CITY COUNCIL CONSENT CALENDAR

A motion was made by Council Member Johnson, seconded by Mayor Pro Tem Magee to approve the City Council Consent Calendar. The motion carried by the following vote:

Aye: 5 Council Members Sheridan, Manos, and Johnson; Mayor Pro Tem Magee; and Mayor Tisdale
Nay: 0 None

3) Minutes of the Regular City Council Meeting of March 11, 2025

Approve the Minutes.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft March 25, 2025

City of Lake Elsinore Page 3

4) CC Warrant Report Dated February 17, 2025 to February 23, 2025

Receive and File.

This item was approved on the City Council Consent Calendar.

5) CC Warrant Report Dated February 24, 2025 to March 02, 2025

Receive and File.

This item was approved on the City Council Consent Calendar.

6) CC Warrant Report Dated March 03, 2025 to March 09, 2025

Receive and File.

This item was approved on the City Council Consent Calendar.

7) CC Warrant Report Dated March 10, 2025 to March 16, 2025

Receive and File.

This item was approved on the City Council Consent Calendar.

8) CC Investment Report for February 2025

Receive and file the Investment Report for February 2025.

This item was approved on the City Council Consent Calendar.

9) Change Order No. 2 to the Professional Services Agreement with Inland Foundation Engineering, Inc. for Geotechnical Services on the New City Hall Project

Approve and authorize the City Manager to execute Change Order No. 2 to the agreement with Inland Foundation Engineering, Inc. in an amount not to exceed $110,000.00 for geotechnical services related to the New City Hall Project in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

10) Public Works Construction Agreement with Edmondson Construction Co. for the Parking Lot Curb & Gutter Site Improvement of the New City Library (CIP Project #Z20003)

Award and authorize the City Manager to execute a Public Works Construction Agreement with Edmondson Construction Co. in an amount not to exceed $72,500.00 for the parking lot curb & gutter site improvement of the new City Library (CIP Project #Z20003) in such final form as approved by the City Attorney; authorize the City Manager to execute change orders not exceeding a 10% contingency of $7,250.00 for uncertainties and adjustments; and authorize the City Clerk to record the Notice of Completion once work is completed.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft March 25, 2025

City of Lake Elsinore Page 4

11) On-Call Professional Services Agreements with GEI Consultants, Inc., for Lake Water Testing and Blankinship & Associates, Inc. for Water Quality Permit Management.

1. Approve and authorize the City Manager to execute an On-Call Professional Services Agreement with GEI Consultants Inc. in an amount not to exceed $70,000 per fiscal year, in such final form as approved by the City Attorney.

2. Approve and authorize the City Manager to execute an On-Call Professional Services Agreement with Blankinship & Associates, Inc. in an amount not to exceed $35,000 per fiscal year, in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

12) Amendment No. 1 to the Agreement for Professional Services with Helix Environmental Planning, Inc. for the Dexter Village Project

Approve and authorize the City Manager to execute Amendment No. 1 to the Agreement for Professional Services with Helix Environmental Planning, Inc. (Helix) to increase the contract amount for an additional $35,400 for a total contract amount not to exceed $88,800 for the Dexter Village Project, in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

13) Amendment No. 1 to Professional Services Agreement with Dustin Thompson Photography

Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with Dustin Thompson Photography in an amount not to exceed $45,000 per year for event services in such final form as approved by the City Attorney and authorize the City Manager to execute change orders not exceeding a 10% contingency of $4,500 for uncertainties and adjustments.

This item was approved on the City Council Consent Calendar.

14) Bunny Trunk Hop Road Closures - 2025

Approve the road closure for the Bunny Trunk Hop Event on Saturday, April 19th, 2025.

This item was approved on the City Council Consent Calendar.

15) July 4th Fireworks Celebration on the Lake

Approve and authorize the City Manager to execute a Production Agreement with Pyro Spectaculars, Inc. in an amount not to exceed $50,000 for the 4th of July Annual Fireworks Spectacular in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft March 25, 2025

City of Lake Elsinore Page 5

16) Agreement with Southern California Mulch, Inc. (SoCal Mulch) for the Mulch Maintenance of Citywide Streetscapes

Approve and authorize the City Manager to execute an agreement with SoCal Mulch, Inc. in an amount not to exceed $159,015.63 for the Mulch Maintenance of Citywide Streetscapes in such final form as approved by the City Attorney and authorize the City Manager to execute change orders not exceeding a 10% contingency of $15,901.56 for unanticipated costs.

This item was approved on the City Council Consent Calendar.

17) Construction Agreement with Leonida Builders, Inc. for the CDBG and SB 821 Lakeshore Drive ADA Sidewalk Improvement Project (CDBG No. 2.LE.84-22, CIP Project No. Z10084)

Approve and authorize the City Manager to execute a Public Works Construction Agreement with Leonida Builders, Inc. in the amount of $1,199,700.00 for the CDBG and SB 821 Lakeshore Drive ADA Sidewalk Improvement Project (CDBG No. 2.LE.84- 22 CIP Project No. Z10084) in such final form as approved by the City Attorney; authorize the City Manager to execute change orders not to exceed 10% contingency amount of $119,970.00; and authorize the City Clerk to record the Notice of Completion once it is determined the work is complete and the improvements are accepted into the City-maintained pedestrian network.

This item was approved on the City Council Consent Calendar.

18) Amendment No. 1 to the Professional Services Agreement with Chen Ryan Associates for the Murrieta Creek Multi-use Trail Project

Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with Chen Ryan Associates in the amount of $35,700.00 plus a 10% contingency for additional services to complete additional environmental surveys, bid support, and right of way services for the Murrieta Creek Multi-use Trail Project for a total contract amount not to exceed $601,643.83, in such final form as approved by City Attorney.

This item was approved on the City Council Consent Calendar.

SUCCESSOR AGENCY CONSENT CALENDAR

A motion was made by Vice Chair Magee, seconded by Agency Member Johnson to approve the Successor Agency Consent Calendar. The motion carried by the following vote:

Aye: 5 Agency Members Sheridan, Manos, and Johnson; Vice Chair Magee; and Chair Tisdale
Nay: 0 None

19) Minutes of the Regular Successor Agency Meeting of March 11, 2025

Approve the Minutes.

This item was approved on the Successor Agency Consent Calendar.

City Council Minutes - Draft March 25, 2025

City of Lake Elsinore Page 6

20) SA Warrant Report Dated February 17, 2025 to February 23, 2025

Receive and File.

This item was approved on the Successor Agency Consent Calendar.

21) SA Warrant Report Dated February 24, 2025 to March 02, 2025

Receive and File.

This item was approved on the Successor Agency Consent Calendar.

22) SA Warrant Report Dated March 03, 2025 to March 09, 2025

Receive and File.

This item was approved on the Successor Agency Consent Calendar.

23) SA Warrant Report Dated March 10, 2025 to March 16, 2025

Receive and File.

This item was approved on the Successor Agency Consent Calendar.

24) SA Investment Report for February 2025

Receive and file the Investment Report for February 2025.

This item was approved on the Successor Agency Consent Calendar.

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - THREE MINUTES

Larry Numedahl was called to speak.

CITY ATTORNEY COMMENTS

Assistant City Attorney Mann had no comments.

CITY MANAGER'S COMMENTS

City Manager Simpson had no comments.

CITY COUNCIL COMMENTS/REPORTS ON MEETINGS ATTENDED

Council Member Sheridan shared that he will attend the Riverside Transit Agency Board of Directors meeting on March 27, 2025; noted that he attended the OHMIO ribbon cutting ceremony on March 12, 2025; announced that Storm opening night will be held on April 8, 2025; invited the community to attend the Sip N’ Swing Weekend carnival and open house on April 4- 6, 2025 at Diamond Stadium; invited residents of Tuscany Hills to attend a Town Hall Fire Safety Discussion with Division Chief Dustin Reed & Battalion Chief Cody Wright from 6:30 – 7:30 p.m. on Thursday, April 10, 2025 at the Tuscany Hills Clubhouse; shared his experience at the Canyon Hills Spring Festival that was held on Saturday, March 22, 2025; and information in remembrance of Colleen M. Kelley, who was the NTEU National President from 1999-2015.

City Council Minutes - Draft March 25, 2025

City of Lake Elsinore Page 7

Council Member Manos invited the community to participate in the Color Run from 7:00 a.m.– 12:00 p.m. on April 12, 2025 at the Lake Elsinore levee.

Council Member Johnson congratulated Michi’s Tacos on their recognition and the Chamber of Commerce on its sold out event; reported her and Council Member Sheridan’s attendance at a coordination meeting with the Elsinore Valley Municipal Water District; shared that Launch Pointe was awarded as a top unique campground by Campspot; and invited the community to attend the Bunny Trunk Hop from 10:00 a.m. – 1:00 p.m. on April 19, 2025 on Downtown Main Street.

Mayor Pro Tem Magee reported on his attendance at the Riverside County Transportation Commission Budget Committee meeting on March 24, 2025 and the Lake Elsinore & San Jacinto Watersheds Authority Committee meeting on March 20, 2025.

Mayor Tisdale reported on his attendance at the Northwest Mosquito and Vector Control District Board meeting on March 20, 2025; shared the schedule for the Palomar Street Tract Grind & Overlay project; and reminded the community that the April 8, 2025 Lake Elsinore City Council meeting has been canceled.

ADJOURNMENT

The Lake Elsinore City Council adjourned at 7:44 p.m. in memory of Colleen M. Kelley to the next Regular meeting of Tuesday, April 22, 2025 in the Cultural Center located at 183 N. Main Street. Closed Session will commence at 5:00 p.m. or such later time as noticed on the Agenda, and the regular Open Session business meeting will commence at 7:00 p.m.

25)
SA Warrant Report Dated March 17, 2025 to March 23, 2025 Receive and File.

REPORT TO SUCCESSOR AGENCY OF THE

REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
To:Honorable Agency Chair and Members of the Successor Agency From:Jason Simpson, Executive Director
Prepared by:Shannon Buckley, Assistant Executive Director Date:April 22, 2025
Subject:SA Warrant Report Dated March 17, 2025 to March 23, 2025 Recommendation
Receive and File.

Discussion
The Warrant Report lists all general checks issued for the Successors Agency of the Redevelopment Agency of the City of Lake Elsinore for the above mentioned period.

Attachments
Attachment 1 – SA Warrant Summary
Attachment 2 – SA Warrant Listing
Administrative Services
MAR 17, 2025 TO MAR 23, 2025 CITY OF LAKE ELSINORE SA WARRANT SUMMARY FUND NO. FUND DESCRIPTION TOTAL
510 SARDA AREA I, II, & III 4,246.00 $
540 SARDA DIAMOND STADIUM 27,050.78
GRAND TOTAL 31,296.78 $
Attachment 1 1 OF 1
MAR 17, 2025 TO MAR 23, 2025 CITY OF LAKE ELSINORE SA WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
8787 AK SECURITY ALARM LLC 24,715.61 $
8804 KPA SERVICES, LLC 1,650.00
8811 PURSUIT ELECTRIC, INC. 1,551.50
APA25001810 CED LAGUNA 783.67
APA25001816 EXCEL LANDSCAPE, INC. 2,596.00
GRAND TOTAL 31,296.78 $
Attachment 2 1 OF 1
26)
SA Warrant Report Dated March 24, 2025 to March 30, 2025 Receive and File.

REPORT TO SUCCESSOR AGENCY OF THE

REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
To:Honorable Agency Chair and Members of the Successor Agency From:Jason Simpson, Executive Director
Prepared by:Shannon Buckley, Assistant Executive Director Date:April 22, 2025
Subject:SA Warrant Report Dated March 24, 2025 to March 30, 2025 Recommendation
Receive and File.

Discussion
The Warrant Report lists all general checks issued for the Successors Agency of the Redevelopment Agency of the City of Lake Elsinore for the above mentioned period Attachments
Attachment 1 – SA Warrant Summary
Attachment 2 – SA Warrant Listing
Administrative Services
MAR 24, 2025 TO MAR 30, 2025 CITY OF LAKE ELSINORE SA WARRANT SUMMARY FUND NO. FUND DESCRIPTION TOTAL
510 SARDA AREA I, II, & III 550.00 $
540 SARDA DIAMOND STADIUM 58,178.04
GRAND TOTAL 58,728.04 $
Attachment 1 1 OF 1
MAR 24, 2025 TO MAR 30, 2025 CITY OF LAKE ELSINORE SA WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
8887 ENDRESEN DEVELOPMENT, INC. 9,789.11 $
8888 ENDRESEN DEVELOPMENT, INC. 26,889.14
8890 ENDRESEN DEVELOPMENT, INC. 21,464.13
8892 KPA SERVICES, LLC 550.00
APA25001878 SOUTHERN CALIFORNIA EDISON CO. 35.66
GRAND TOTAL 58,728.04 $
Attachment 2 1 OF 1
27)
SA Warrant Report Dated March 31, 2025 to April 06, 2025 Receive and File.

REPORT TO SUCCESSOR AGENCY OF THE

REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
To:Honorable Agency Chair and Members of the Successor Agency From:Jason Simpson, Executive Director
Prepared by:Shannon Buckley, Assistant Executive Director Date:April 22, 2025
Subject:SA Warrant Report Dated March 31, 2025 to April 06, 2025 Recommendation
Receive and File.

Discussion
The Warrant Report lists all general checks issued for the Successors Agency of the Redevelopment Agency of the City of Lake Elsinore for the above-mentioned period.

Attachments
Attachment 1 - SA Warrant Summary
Attachment 2 - SA Warrant Listing
City Clerk's Office
MAR 31, 2025 TO APR 06, 2025 CITY OF LAKE ELSINORE SA WARRANT SUMMARY FUND NO. FUND DESCRIPTION TOTAL
510 SARDA AREA I, II, & III 102,655.60 $
540 SARDA DIAMOND STADIUM 75,050.00
GRAND TOTAL 177,705.60 $
Attachment 1 1 OF 1
MAR 31, 2025 TO APR 06, 2025 CITY OF LAKE ELSINORE SA WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
8896 AK SECURITY ALARM LLC 10,050.00 $
8926 WILMINGTON TRUST, NATIONAL ASSOCIATION 2,000.00
APA25001896 COTTER CONSTRUCTION, INC. 65,000.00
APA25001912 LAKE ELSINORE STORM, LP 100,655.60
GRAND TOTAL 177,705.60 $
Attachment 2 1 OF 1
28)
SA Warrant Report Dated April 07, 2025 to April 13, 2025 Receive and File.

REPORT TO SUCCESSOR AGENCY OF THE

REDEVELOPMENT AGNECY OF THE CITY OF LAKE ELSINORE
To:Honorable Agency Chair and Members of the Successor Agency From:Jason Simpson, Executive Director
Prepared by:Shannon Buckley, Assistant Executive Director Date:April 22, 2025
Subject:SA Warrant Report Dated April 07, 2025 to April 13, 2025 Recommendation
Receive and File.

Discussion
The Warrant Report lists all general checks issued for the Successors Agency of the Redevelopment Agency of the City of Lake Elsinore for the above mentioned period.

Attachments
Attachment 1 – SA Warrant Summary
Attachment 2 – SA Warrant Listing
Administrative Services
APR 07, 2025 TO APR 13, 2025 CITY OF LAKE ELSINORE SA WARRANT SUMMARY FUND NO. FUND DESCRIPTION TOTAL
540 SARDA DIAMOND STADIUM 125,621.76 $
GRAND TOTAL 125,621.76 $
Attachment 1 1 OF 1
APR 07, 2025 TO APR 13, 2025 CITY OF LAKE ELSINORE SA WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
8928 AK SECURITY ALARM LLC 4,166.60 $
8941 PROSTAFF, LLC 14,175.00
APA25001960 WEST COAST TURF 103,283.76
143761 PAPAGOLOS, GUS 3,996.40
GRAND TOTAL 125,621.76 $
Attachment 2 1 OF 1
29)
SA Investment Report for March 2025
Receive and file the Investment Report for March 2025.

REPORT TO SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY

OF THE CITY OF LAKE ELSINORE
To:Honorable Agency Chair and Members of the Successor Agency From:Jason Simpson, Executive Director
Prepared by:Shannon Buckley, Assistant Executive Director Date:April 22, 2025
Subject:SA Investment Report for March 2025
Recommendation
Receive and file the Investment Report for March 2025.

Discussion
The Investment Report is a listing of all funds invested for the City of Lake Elsinore and includes funds held for the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore as of the date shown on the report.

Fiscal Impact
No fiscal impact.

Attachments
Attachment 1 - Investment Report March 2025
Administrative Services
CI

TY OF LAKE ELSINORE
I

NVESTMENT REPORT

Loc
al Agency Investment Fund

CAMP
Investment Portfolio

CITY OF LAKE ELSINORE

ACCOUNT STATEMENT
For the Month Ending
March 31, 2025
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts

CITY OF LAKE ELSINORE

JASON SIMPSON
130 S. MAIN STREET
LAKE ELSINORE, CA 92530
Accounts included in Statement

LAKE ELSINORE - CITY FUNDS
www.camponline.comOnline Access 1-800-729-7665Customer Service Important Messages
CAMP will be closed on 04/18/2025 for Good Friday.

For the Month Ending March 31, 2025
Account Statement
Important Disclosures
Important Disclosures
365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.

Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called.

Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month.

YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis.

YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis.

Managed Account A portfolio of investments managed discretely by PFMAM according to the client’s specific investment policy and requirements. The investments are directly owned by the client and held by the client’s custodian.

Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place.

Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFMAM within 60 days of receipt. If you have other concerns or questions regarding your account, or to request an updated copy of PFMAM's current disclosure statement, please contact a member of your client management team at PFMAM Service Operations at the address below.

PFM Asset Management
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101

NOT FDIC INSURED
NO BANK GUARANTEE    MAY LOSE VALUE
This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management ("PFMAM") is a division of U.S. Bancorp Asset Management, Inc. ("USBAM"), a SEC-registered investment adviser. USBAM is direct subsidiary of U.S. Bank National Association ("U.S. Bank") and an indirect subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. PFMAM maintains a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below.

Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients.

However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting Service Operations at the address below.

Questions About an Account PFMAM’s monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFMAM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFMAM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFMAM statement should be reconciled and differences resolved.

Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference.

Account Control PFMAM does not have the authority to withdraw funds from or deposit funds to the custodian outside the scope of services provided by PFMAM. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions.

Market Value Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by ICE Data Services. There may be differences in the values shown for investments due to accrued but uncollected income and the use of differing valuation sources and methods. Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement.

Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis.

Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFMAM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities.

Financial Situation In order to better serve you, PFMAM should be promptly notified of any material change in your investment objective or financial situation.

Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented.

Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFMAM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement’s beginning values.

Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed.

Shares of some local government investment programs and TERM funds are distributed by representatives of USBAM's affiliate, U.S. Bancorp Investments, Inc. which is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at 1-800-289-9999 or at the FINRA website address
https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA Regulation Public Disclosure Program is also available from FINRA upon request.

Key Terms and Definitions
Dividends on local government investment program funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date.

Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by
For the Month Ending March 31, 2025Account Statement - Transaction Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
442,285.89
3,087,801.95
(3,114,368.16)

0.00 $415,719.68
CAMP Pool
Unsettled Trades 0.00
2,003.76 Cash Dividends and Income
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
54,163,480.01
3,094,975.15
(2,943,722.83)
101,806.82
$54,416,539.15
CAMP Managed Account
Unsettled Trades 0.00
174,802.74 Cash Dividends and Income
March 31, 2025 February 28, 2025
Asset Summary
CAMP Pool 415,719.68 442,285.89
CAMP Managed Account 54,416,539.15 54,163,480.01
$54,832,258.83 $54,605,765.90 Total
Asset Allocation

0.76%
CAMP Pool

99.24%
CAMP Managed
Account

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Summary Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dividend
Closing Market Value
Redemptions
Purchases
Opening Market Value
Closing Market Value
Change in Current Value
Unsettled Trades
Principal Acquisitions
Principal Dispositions
Maturities/Calls
Opening Market Value
Closing Market Value
Opening Market Value
Account Total
Total Cash Basis Earnings
Plus Net Realized Gains/Losses
Less Purchased Interest Related to Interest/Coupons
Interest/Dividends/Coupons Received
Earnings Reconciliation (Cash Basis) - Managed Account
Dividends
Less Beginning Accrued Interest
Less Beginning Amortized Value of Securities
Less Cost of New Purchases
Plus Coupons/Dividends Received
Plus Proceeds of Maturities/Calls/Principal Payments
Plus Proceeds from Sales
Ending Accrued Interest
Ending Amortized Value of Securities
Earnings Reconciliation (Accrual Basis)
Reconciling Transactions
Net Cash Contribution
Security Purchases
Principal Payments
Coupon/Interest/Dividend Income
Sale Proceeds
Maturities/Calls
Cash Transactions Summary- Managed Account
$442,285.89
3,087,801.95
(3,114,368.16)
$415,719.68
2,003.76
$54,163,480.01
(807,574.39)
(2,136,148.44)
3,094,975.15

0.00 101,806.82
$54,416,539.15
$54,605,765.90
$54,832,258.83
142,075.36
(15,464.43)
48,191.81
$174,802.74
735,000.00
2,141,830.76
136,393.04
72,574.39
(3,110,439.58)
24,641.39

0.00 Managed Account Total
54,154,387.70 54,570,107.38
307,199.78
2,141,830.76
807,574.39
136,393.04
(3,110,439.58)
(53,974,679.60)
(277,239.55)

0.00 307,199.78
5,256,198.92
807,574.39
136,393.04
(6,198,241.53)
(54,416,965.49)
(277,239.55)
2,003.76
Total Accrual Basis Earnings $185,026.94 $187,030.70
Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance
$0.00 Closing Cash Balance

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025
Portfolio Summary and Statistics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Account Summary
Percent Par Value Market ValueDescription
U.S. Treasury Bond / Note 25,450,000.00 24,660,732.67 44.98 Municipal Bond / Note 910,000.00 905,403.75 1.65
Federal Agency Commercial
Mortgage-Backed Security
8,579,808.90 8,599,542.61 15.68
Federal Agency Bond / Note 2,275,000.00 2,234,296.58 4.07 Corporate Note 11,400,000.00 11,335,241.49 20.67
Certificate of Deposit 900,000.00 906,841.80 1.65
Bank Note 525,000.00 529,323.90 0.97
Asset-Backed Security 5,212,966.75 5,245,156.35 9.57 Managed Account Sub-Total 55,252,775.65 54,416,539.15 99.24% Accrued Interest 307,199.78
Total Portfolio 55,252,775.65 54,723,738.93
CAMP Pool 415,719.68 415,719.68 0.76
Total Investments 55,668,495.33 55,139,458.61 100.00%
Unsettled Trades 0.00 0.00
Sector Allocation

9.57%
ABS

0.97%
Bank Note

1.65%
Cert of Deposit

19.75%
Corporate Note

4.07%
Fed Agy Bond /
Note

15.68%
Federal Agency
Commercial
Mortgage-Backed
Security

0.76%
Joint Powers
Authority

1.65%
Muni Bond / Note

0.93%
Priv Placement
Bond

44.97%
US TSY Bond / Note
0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years

8.51%

3.44%

8.83%

22.43%

45.36%

11.43%

0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 1051

4.09%

4.17%

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025
Managed Account Issuer Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Credit Quality (S&P Ratings)

4.96%
A

4.32%
A+

4.37%
A-

0.83%
A-1+

2.82%
AA

66.11%
AA+

4.50%
AA-

9.02%
AAA

0.76%
AAAm

2.31%
NR
Issuer Summary
Percentof HoldingsIssuer
Market Value
224,455.05 0.41 Abbott Laboratories
380,719.12 0.69 Adobe Inc
342,494.24 0.62 Air Products and Chemicals Inc
472,059.75 0.86 Amazon.com Inc
1,399,827.77 2.55 American Express Co
753,204.68 1.37 Apple Inc
352,730.12 0.64 BA Credit Card Trust
224,477.55 0.41 Bank of America Corp
456,903.45 0.83 Bank of New York Mellon Corp
167,505.27 0.31 Bayerische Motoren Werke AG
459,126.93 0.84 Berkshire Hathaway Inc
786,104.98 1.43 BlackRock Inc
371,319.00 0.68 Bristol-Myers Squibb Co
83,356.61 0.15 California State University
415,719.68 0.76 CAMP Pool
735,650.23 1.34 Capital One Financial Corp
97,944.09 0.18 CarMax Inc
215,424.45 0.39 Caterpillar Inc
293,804.40 0.54 Charles Schwab Corp
64,924.54 0.12 Cintas Corp
427,077.00 0.78 Cisco Systems Inc
780,699.00 1.42 Citigroup Inc
382,278.38 0.70 Deere & Co
672,169.29 1.23 Discover Card Execution Note Trust
147,492.90 0.27 Federal Home Loan Banks
9,184,558.77 16.75 Federal Home Loan Mortgage Corp
1,501,787.52 2.74 Federal National Mortgage Association 353,071.60 0.64 Fifth Third Auto Trust
111,194.47 0.20 Ford Credit Auto Owner Trust
224,642.70 0.41 General Dynamics Corp
166,767.96 0.30 GM Financial Consumer Automobile Receiv 130,462.23 0.24 Harley-Davidson Inc

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Issuer Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Percentof HoldingsIssuer
Market Value
404,187.46 0.74 Home Depot Inc
413,725.09 0.75 Honda Auto Receivables Owner Trust
394,033.20 0.72 Honda Motor Co Ltd
224,519.40 0.41 International Business Machines Corp
409,530.74 0.75 JPMorgan Chase & Co
60,236.04 0.11 Lockheed Martin Corp
115,523.48 0.21 Mars Inc
740,109.00 1.35 Microsoft Corp
529,323.90 0.97 Morgan Stanley
745,304.25 1.36 National Australia Bank Ltd
390,535.65 0.71 National Rural Utilities Cooperative Fi 83,551.39 0.15 Nissan Auto Receivables Owner Trust
453,394.80 0.83 Nordea Bank Abp
128,419.07 0.23 San Juan Unified School District
307,449.94 0.56 State Board of Administration Finance C 202,731.20 0.37 State of California
98,812.00 0.18 State of Minnesota
38,489.04 0.07 Target Corp
85,835.13 0.16 Texas Instruments Inc
453,447.00 0.83 Toronto-Dominion Bank
193,247.28 0.35 Toyota Auto Receivables Owner Trust
377,412.75 0.69 Toyota Motor Corp
224,765.10 0.41 United Services Automobile Association 24,660,732.67 44.98 United States Treasury
217,224.90 0.40 UnitedHealth Group Inc
84,634.93 0.15 University of California Board of Regen 415,129.69 0.76 Verizon Master Trust
$54,832,258.83 Total 100.00%

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 06/30/2020 0.250% 06/30/2025
49,501.30 49,943.64 31.42 49,031.25 04/05/2104/01/21AaaAA+ 50,000.00 912828ZW3 0.71

US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
605,859.38 608,886.23 4,730.66 587,011.72 01/17/2301/13/23AaaAA+ 625,000.00 912828U24 3.72

US TREASURY N/B
DTD 05/02/2022 2.750% 04/30/2027
195,343.80 196,354.79 2,309.39 192,570.31 02/03/2301/31/23AaaAA+ 200,000.00 91282CEN7 3.70

US TREASURY N/B
DTD 11/30/2022 3.875% 11/30/2027
1,173,760.37 1,171,928.70 15,260.47 1,170,501.95 01/05/2401/02/24AaaAA+ 1,175,000.00 91282CFZ9 3.98

US TREASURY N/B
DTD 11/30/2022 3.875% 11/30/2027
1,198,734.00 1,189,380.79 15,585.16 1,184,109.38 12/05/2312/01/23AaaAA+ 1,200,000.00 91282CFZ9 4.24

US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
400,906.40 395,251.67 1,391.30 393,640.63 04/05/2404/03/24AaaAA+ 400,000.00 91282CGP0 4.45

US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
601,359.60 601,798.05 2,086.96 602,507.81 02/06/2402/02/24AaaAA+ 600,000.00 91282CGP0 3.89

US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
1,353,059.10 1,339,240.88 4,695.65 1,335,287.11 03/06/2403/01/24AaaAA+ 1,350,000.00 91282CGP0 4.30

US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
2,455,551.70 2,398,110.69 8,521.74 2,383,390.63 05/06/2405/01/24AaaAA+ 2,450,000.00 91282CGP0 4.79

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
206,806.73 203,210.38 707.01 198,641.60 07/03/2407/01/24AaaAA+ 225,000.00 91282CCH2 4.49

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
1,171,904.78 1,184,165.78 4,006.39 1,169,364.26 09/06/2409/04/24AaaAA+ 1,275,000.00 91282CCH2 3.59

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
1,194,883.30 1,193,770.43 4,084.94 1,173,960.94 08/05/2408/01/24AaaAA+ 1,300,000.00 91282CCH2 3.96

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
2,205,938.40 2,234,494.02 7,541.44 2,211,468.75 10/07/2410/01/24AaaAA+ 2,400,000.00 91282CCH2 3.51

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
2,665,508.90 2,627,115.90 9,112.57 2,565,253.91 06/11/2406/06/24AaaAA+ 2,900,000.00 91282CCH2 4.39

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
1,191,843.60 1,183,708.03 11,312.15 1,182,093.75 11/05/2410/31/24AaaAA+ 1,200,000.00 91282CJR3 4.14

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
1,365,654.13 1,346,294.71 12,961.84 1,344,653.32 01/07/2501/02/25AaaAA+ 1,375,000.00 91282CJR3 4.36

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
1,464,974.43 1,445,768.70 13,904.52 1,444,693.36 02/06/2502/03/25AaaAA+ 1,475,000.00 91282CJR3 4.33

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
2,582,327.80 2,568,268.09 24,509.67 2,565,773.44 12/06/2412/03/24AaaAA+ 2,600,000.00 91282CJR3 4.10

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
2,576,814.95 2,566,413.94 21,650.21 2,565,117.19 03/06/2503/03/25AaaAA+ 2,650,000.00 91282CEV9 4.06 164,403.49 24,660,732.67 24,504,105.42 4.14 24,319,071.31 25,450,000.00 Security Type Sub-Total Municipal Bond / Note

UNIV OF CALIFORNIA-BG (CALLABLE)
DTD 07/16/2020 0.883% 05/15/2025
84,634.93 85,000.00 283.54 85,000.00 07/16/2007/10/20Aa2AA 85,000.00 91412HGE7 0.88

FLORIDA ST BRD OF ADM
DTD 09/16/2020 1.258% 07/01/2025
64,465.31 65,023.98 204.43 65,459.55 09/16/2009/03/20Aa2AA 65,000.00 341271AD6 1.11

FLORIDA ST BRD OF ADM
DTD 09/16/2020 1.258% 07/01/2025
84,300.79 85,029.40 267.33 85,563.55 09/16/2009/03/20Aa2AA 85,000.00 341271AD6 1.12

FLORIDA ST BRD OF ADM
DTD 09/16/2020 1.258% 07/01/2025
158,683.84 160,000.00 503.20 160,000.00 09/16/2009/03/20Aa2AA 160,000.00 341271AD6 1.26

MINNESOTA ST-F-UNREF
DTD 08/25/2020 0.630% 08/01/2025
98,812.00 100,000.00 105.00 100,000.00 05/07/2405/07/24AaaAAA 100,000.00 60412AK85 0.63

SAN JUAN CA UNIF SCH
DTD 10/29/2020 0.852% 08/01/2025
128,419.07 130,000.00 184.60 130,000.00 10/29/2010/16/20Aa2NR 130,000.00 798306WP7 0.85

CALIFORNIA ST UNIV-B
DTD 07/29/2021 0.862% 11/01/2025
83,356.61 85,000.00 305.29 85,000.00 07/29/2107/09/21Aa2AA- 85,000.00 13077DQD7 0.86 CA ST
DTD 03/15/2023 4.846% 03/01/2027
202,731.20 200,000.00 807.67 200,000.00 03/15/2303/09/23Aa2AA- 200,000.00 13063D3N6 4.85

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Municipal Bond / Note
2,661.06 905,403.75 910,053.38 1.84 911,023.10 910,000.00 Security Type Sub-Total Federal Agency Commercial Mortgage-Backed Security
FHMS K054 A2
DTD 04/01/2016 2.745% 01/01/2026
255,383.27 255,754.72 592.24 248,183.10 04/14/2304/11/23AaaAA+ 258,903.32 3137BNGT5 4.32 FHMS K058 A2
DTD 11/01/2016 2.653% 08/01/2026
537,563.95 540,376.98 1,215.96 526,839.84 04/12/2304/06/23AaaAA+ 550,000.00 3137BSP72 3.98 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
361,793.81 362,830.34 1,026.88 356,835.97 05/24/2305/19/23AaaAA+ 368,168.65 3137BTUM1 4.29 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
539,494.45 532,826.95 1,477.67 518,804.69 08/18/2308/16/23AaaAA+ 550,000.00 3137BXQY1 4.94 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
539,105.60 537,724.64 1,486.38 527,033.20 06/13/2306/08/23AaaAA+ 550,000.00 3137F1G44 4.42 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
392,168.56 388,090.52 1,571.12 388,088.54 12/14/2312/06/23AaaAA+ 388,091.65 3137HBC69 4.86 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
436,918.90 434,275.24 1,728.81 434,271.55 07/27/2307/19/23AaaAA+ 434,282.37 3137HAD45 4.78 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
557,415.10 553,602.43 2,208.71 555,493.40 07/20/2307/13/23AaaAA+ 550,000.00 3137HACX2 4.59 FNA 2023-M6 A2
DTD 07/01/2023 4.182% 07/01/2028
521,934.92 519,435.14 1,830.70 516,456.37 07/31/2307/18/23AaaAA+ 525,362.91 3136BQDE6 4.58 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
505,921.50 492,013.79 1,975.00 489,032.00 10/19/2310/11/23AaaAA+ 500,000.00 3137HAQ74 5.25 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
807,239.20 791,546.79 3,100.00 788,165.60 09/14/2309/07/23AaaAA+ 800,000.00 3137HAMH6 4.99 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
380,710.13 366,026.88 1,515.63 363,043.88 10/31/2310/25/23AaaAA+ 375,000.00 3137HAST4 5.60

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Federal Agency Commercial Mortgage-Backed Security
FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
506,900.00 495,602.37 2,000.00 494,023.50 09/28/2309/20/23AaaAA+ 500,000.00 3137HAMS2 5.07 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
183,947.94 179,610.16 760.35 179,479.62 11/21/2311/14/23AaaAA+ 180,000.00 3137HB3D4 5.14 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
279,266.90 274,404.01 1,113.75 274,209.93 12/07/2311/28/23AaaAA+ 275,000.00 3137HB3G7 4.93 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
291,889.64 292,275.22 1,104.90 292,899.71 02/08/2402/01/24AaaAA+ 290,000.00 3137HBLV4 4.34 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
445,503.52 442,394.42 1,730.67 442,702.04 07/25/2407/16/24AaaAA+ 440,000.00 3137HDV56 4.58 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
558,372.65 550,000.00 2,201.38 549,998.35 06/13/2406/05/24AaaAA+ 550,000.00 3137HDJJ0 4.80 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
498,012.57 499,098.19 1,873.99 499,630.23 08/15/2408/07/24AaaAA+ 495,000.00 3137HDXL9 4.33 30,514.14 8,599,542.61 8,507,888.79 4.73 8,445,191.52 8,579,808.90 Security Type Sub-Total Federal Agency Bond / Note

FREDDIE MAC
DTD 07/23/2020 0.375% 07/21/2025
419,979.48 424,870.51 309.90 422,883.50 07/23/2007/21/20AaaAA+ 425,000.00 3137EAEU9 0.48

FANNIE MAE
DTD 08/27/2020 0.375% 08/25/2025
344,617.35 349,868.81 131.25 348,362.00 08/27/2008/25/20AaaAA+ 350,000.00 3135G05X7 0.47

FEDERAL HOME LOAN BANK
DTD 09/11/2020 0.375% 09/04/2025
147,492.90 149,961.60 42.19 149,550.00 09/11/2009/10/20AaaAA+ 150,000.00 3130AK5E2 0.44

FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
686,971.60 699,798.44 58.33 697,893.00 09/25/2009/23/20AaaAA+ 700,000.00 3137EAEX3 0.44

FANNIE MAE
DTD 11/12/2020 0.500% 11/07/2025
635,235.25 649,719.98 1,300.00 647,673.00 11/12/2011/09/20AaaAA+ 650,000.00 3135G06G3 0.57 1,841.67 2,234,296.58 2,274,219.34 0.49 2,266,361.50 2,275,000.00 Security Type Sub-Total

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Corporate Note

HOME DEPOT INC (CALLABLE)
DTD 03/28/2022 2.700% 04/15/2025
24,981.08 24,999.44 311.25 24,956.25 03/28/2203/24/22A2A 25,000.00 437076CM2 2.76 CINTAS CORPORATION NO. 2 (CALLABLE)
DTD 05/03/2022 3.450% 05/01/2025
64,924.54 64,999.60 934.38 64,985.70 05/03/2204/26/22A3A- 65,000.00 17252MAP5 3.46

USAA CAPITAL CORP
DTD 05/26/2022 3.375% 05/01/2025
224,765.10 224,979.08 3,164.06 224,264.25 05/26/2205/23/22Aa1AA 225,000.00 90327QD89 3.49

GENERAL DYNAMICS CORP (CALLABLE)
DTD 05/11/2018 3.500% 05/15/2025
224,642.70 225,000.00 2,975.00 252,247.50 10/20/2010/16/20A2A 225,000.00 369550BG2 0.80 AMAZON.COM INC (CALLABLE)
DTD 06/03/2020 0.800% 06/03/2025
472,059.75 474,991.97 1,245.56 474,767.25 06/05/2006/03/20A1AA 475,000.00 023135BQ8 0.81

NATIONAL AUSTRALIA BK/NY
DTD 06/09/2022 3.500% 06/09/2025
249,434.25 250,000.00 2,722.22 250,000.00 06/09/2205/31/22Aa2AA- 250,000.00 63254ABD9 3.50

NATIONAL RURAL UTIL COOP
DTD 05/04/2022 3.450% 06/15/2025
49,867.35 49,999.11 507.92 49,986.50 05/04/2204/27/22A2A- 50,000.00 63743HFE7 3.92

IBM CORP
DTD 07/27/2022 4.000% 07/27/2025
224,519.40 225,000.00 1,600.00 225,000.00 07/27/2207/20/22A3A- 225,000.00 459200KS9 4.00

BANK OF AMERICA CORP
DTD 07/30/2015 3.875% 08/01/2025
224,477.55 227,150.60 1,453.13 256,918.50 08/20/2008/18/20A1A- 225,000.00 06051GFS3 0.93

ABBOTT LABORATORIES (CALLABLE)
DTD 03/22/2017 3.875% 09/15/2025
224,455.05 226,432.27 387.50 257,845.50 09/28/2009/24/20Aa3AA- 225,000.00 002824BM1 0.86

UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/19/2021 1.150% 05/15/2026
217,224.90 224,911.93 977.50 224,608.50 05/19/2105/17/21A2A+ 225,000.00 91324PEC2 1.19

BMW US CAPITAL LLC (CALLABLE)
DTD 08/12/2021 1.250% 08/12/2026
167,505.27 174,985.65 297.74 174,947.50 08/16/2108/12/21A2A 175,000.00 05565EBW4 1.26

CATERPILLAR FINL SERVICE
DTD 01/10/2022 1.700% 01/08/2027
215,424.45 224,596.77 881.88 223,863.75 01/13/2201/11/22A2A 225,000.00 14913R2U0 1.81

TARGET CORP (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
38,489.04 39,975.55 164.67 39,932.00 01/24/2201/19/22A2A 40,000.00 87612EBM7 1.99

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Corporate Note

BANK OF NY MELLON CORP (CALLABLE)
DTD 01/26/2022 2.050% 01/26/2027
456,903.45 474,615.85 1,758.16 473,945.50 01/28/2201/26/22Aa3A 475,000.00 06406RBA4 2.10

MICROSOFT CORP (CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027
740,109.00 736,663.16 3,781.25 721,942.50 03/17/2303/14/23AaaAAA 750,000.00 594918BY9 4.36

AMERICAN EXPRESS CO (CALLABLE)
DTD 03/04/2022 2.550% 03/04/2027
289,845.60 289,368.56 573.75 277,203.00 01/18/2301/13/23A2A- 300,000.00 025816CS6 4.59

BERKSHIRE HATHAWAY FIN (CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027
459,126.93 471,510.93 485.56 466,089.00 03/17/2203/15/22Aa2AA 475,000.00 084664CZ2 2.70

CHARLES SCHWAB CORP (CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027
293,804.40 292,661.26 4,950.00 284,925.00 02/22/2302/17/23A2A- 300,000.00 808513BW4 4.66

NATIONAL AUSTRALIA BK/NY
DTD 06/09/2022 3.905% 06/09/2027
495,870.00 494,180.96 6,074.44 488,325.00 01/18/2301/13/23Aa2AA- 500,000.00 63254ABE7 4.50

APPLE INC (CALLABLE)
DTD 09/12/2017 2.900% 09/12/2027
753,204.68 757,085.85 1,186.18 741,062.75 01/23/2301/19/23AaaAA+ 775,000.00 037833DB3 3.94

TOYOTA MOTOR CREDIT CORP
DTD 01/12/2023 4.625% 01/12/2028
377,412.75 375,724.48 3,805.99 376,282.50 02/10/2302/08/23A1A+ 375,000.00 89236TKQ7 4.55

NATIONAL RURAL UTIL COOP (CALLABLE)
DTD 02/07/2018 3.400% 02/07/2028
340,668.30 338,038.05 1,785.00 329,189.00 02/22/2302/17/23A1A- 350,000.00 637432NP6 4.76

TEXAS INSTRUMENTS INC (CALLABLE)
DTD 11/18/2022 4.600% 02/15/2028
85,835.13 86,223.36 499.61 87,043.40 05/18/2305/11/23Aa3A+ 85,000.00 882508BV5 4.04

BRISTOL-MYERS SQUIBB CO (CALLABLE)
DTD 07/15/2020 3.900% 02/20/2028
371,319.00 365,214.43 1,665.63 358,263.75 03/13/2303/09/23A2A 375,000.00 110122DE5 4.93

LOCKHEED MARTIN CORP (CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028
60,236.04 59,932.18 1,008.67 59,892.00 05/25/2305/23/23A2A- 60,000.00 539830BZ1 4.49

JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
382,278.38 376,894.52 3,970.31 377,865.00 07/25/2307/21/23A1A 375,000.00 24422EXB0 4.78

CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
780,699.00 747,282.63 241.79 746,280.00 10/04/2310/02/23Aa3A+ 750,000.00 17325FBB3 5.92

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Corporate Note

AIR PRODUCTS & CHEMICALS (CALLABLE)
DTD 02/08/2024 4.600% 02/08/2029
342,494.24 339,642.74 2,302.56 339,547.80 02/08/2402/06/24A2A 340,000.00 009158BH8 4.63

CISCO SYSTEMS INC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
427,077.00 419,883.35 1,980.42 419,853.00 02/26/2402/21/24A1AA- 420,000.00 17275RBR2 4.86

BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
50,716.45 49,926.90 110.97 49,909.50 03/14/2403/05/24Aa3AA- 50,000.00 09290DAA9 4.74

BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
735,388.53 725,289.86 1,609.10 725,355.25 03/14/2403/06/24Aa3AA- 725,000.00 09290DAA9 4.69

ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
172,592.67 169,816.15 4,012.00 169,775.60 04/04/2404/02/24A1A+ 170,000.00 00724PAF6 4.83

ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
208,126.45 204,749.50 4,838.00 204,694.55 04/04/2404/01/24A1A+ 205,000.00 00724PAF6 4.83

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
126,402.13 124,305.31 1,583.33 124,193.75 06/25/2406/17/24A2A 125,000.00 437076DC3 4.90

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
252,804.25 248,817.97 3,166.67 248,627.50 06/25/2406/18/24A2A 250,000.00 437076DC3 4.88

AMERICAN HONDA FINANCE
DTD 09/05/2024 4.400% 09/05/2029
394,033.20 399,570.10 1,271.11 399,520.00 09/05/2409/03/24A3A- 400,000.00 02665WFQ9 4.43

MARS INC (CALLABLE)
DTD 03/12/2025 4.800% 03/01/2030
115,523.48 114,876.99 291.33 114,875.80 03/12/2503/05/25A2A 115,000.00 571676AY1 4.83 70,574.64 11,335,241.49 11,320,297.06 3.87 11,328,984.35 11,400,000.00 Security Type Sub-Total Certificate of Deposit

TORONTO DOMINION BANK NY
DTD 10/31/2022 5.600% 10/27/2025
453,447.00 450,000.00 11,060.00 450,000.00 10/31/2210/27/22A2A- 450,000.00 89115B6K1 5.60

NORDEA BANK ABP NEW YORK
DTD 11/03/2022 5.530% 11/03/2025
453,394.80 450,000.00 10,230.50 450,000.00 11/03/2211/02/22P-1A-1+ 450,000.00 65558UYF3 5.53 21,290.50 906,841.80 900,000.00 5.57 900,000.00 900,000.00 Security Type Sub-Total

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Bank Note

MORGAN STANLEY BANK NA (CALLABLE)
DTD 07/19/2024 4.968% 07/14/2028
529,323.90 525,409.28 5,578.65 525,525.00 07/19/2407/18/24Aa3A+ 525,000.00 61690U8E3 4.94 5,578.65 529,323.90 525,409.28 4.94 525,525.00 525,000.00 Security Type Sub-Total Asset-Backed Security
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
5,100.12 5,117.32 1.25 5,116.45 11/24/2111/16/21AaaNR 5,117.53 43815GAC3 0.89 GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
8,719.13 8,765.13 2.48 8,764.98 10/21/2110/13/21AaaAAA 8,765.20 362554AC1 0.68 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
97,944.09 98,199.00 173.27 98,197.68 07/20/2207/12/22NRAAA 98,200.00 14318MAD1 3.97 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
83,551.39 83,596.87 165.72 83,587.51 09/28/2209/20/22AaaAAA 83,604.81 65480JAC4 4.46 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
158,048.83 157,967.73 317.28 157,954.53 10/12/2210/04/22NRAAA 157,980.42 36265QAD8 4.82 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
193,247.28 193,154.90 397.47 193,154.86 01/30/2301/24/23NRAAA 193,154.95 891940AC2 4.63 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
245,485.10 244,980.28 539.00 244,961.56 11/03/2210/27/22NRAAA 245,000.00 14041NGB1 4.95 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
130,462.23 130,095.78 292.01 130,090.05 02/23/2302/13/23AaaNR 130,103.15 41285JAD0 5.05 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
111,194.47 111,033.86 229.48 111,029.10 03/31/2303/28/23NRAAA 111,040.68 344928AD8 4.65 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
322,604.80 319,957.66 625.16 319,934.02 08/22/2308/15/23NRAAA 320,000.00 43815QAC1 5.42 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
319,757.44 319,988.87 612.98 319,981.44 04/11/2304/04/23AaaNR 320,000.00 254683CY9 4.31 BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
170,757.86 169,975.54 361.91 169,961.51 06/16/2306/08/23NRAAA 170,000.00 05522RDG0 4.79

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Asset-Backed Security
AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
191,043.86 189,989.31 411.24 189,983.15 06/14/2306/07/23NRAAA 190,000.00 02582JJZ4 4.87 COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
490,165.13 489,929.48 962.58 489,887.64 05/24/2305/17/23NRAAA 490,000.00 14041NGD7 4.42 DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
352,411.85 349,969.47 766.89 349,952.72 06/28/2306/21/23AaaAAA 350,000.00 254683CZ6 4.93 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
86,020.17 84,989.26 133.88 84,985.03 11/08/2311/01/23AaaNR 85,000.00 438123AC5 5.67 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
353,071.60 349,985.30 860.22 349,978.30 08/23/2308/15/23AaaAAA 350,000.00 31680EAD3 5.53 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
409,530.74 404,919.41 928.80 404,887.73 09/15/2309/07/23NRAAA 405,000.00 161571HT4 5.17 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
414,949.11 409,987.06 953.02 409,981.67 09/19/2309/12/23NRAAA 410,000.00 02582JKD1 5.23 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
181,972.26 179,982.14 398.40 179,975.83 12/14/2312/07/23AaaNR 180,000.00 05522RDH8 4.98 AMXCA 2024-1 A
DTD 04/23/2024 5.230% 04/16/2029
503,989.20 494,898.53 1,150.60 494,898.53 04/23/2404/16/24NRAAA 495,000.00 02582JKH2 5.23 VZMT 2025-3 A1A
DTD 03/31/2025 4.510% 03/20/2030
415,129.69 414,931.53 51.99 414,982.16 03/31/2503/25/25AaaNR 415,000.00 92348KDY6 4.51 10,335.63 5,245,156.35 5,212,414.43 4.91 5,212,246.45 5,212,966.75 Security Type Sub-Total 55,252,775.65 53,908,403.23 4.09 307,199.78 54,154,387.70 54,416,539.15 Managed Account Sub-Total Joint Powers Authority
CAMP Pool 415,719.68 415,719.68 0.00 415,719.68 NRAAAm 415,719.68 415,719.68 415,719.68 0.00 415,719.68 415,719.68 Liquid Sub-Total

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025
Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
$55,668,495.33 $54,324,122.91 $307,199.78 $54,570,107.38 $54,832,258.83 4.09% $55,139,458.61
$307,199.78
Total Investments
Accrued Interest
Securities Sub-Total

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
U.S. Treasury Bond / Note
(442.34) 470.05 49,501.30 99.00 GoldmanS 50,000.00 912828ZW3US TREASURY N/B DTD 06/30/2020 0.250% 06/30/2025

5.10 0.25
(3,026.85) 18,847.66 605,859.38 96.94 JPMorgan 625,000.00 912828U24US TREASURY N/B DTD 11/15/2016 2.000% 11/15/2026

3.96 1.57
(1,010.99) 2,773.49 195,343.80 97.67 BNPPSA 200,000.00 91282CEN7US TREASURY N/B DTD 05/02/2022 2.750% 04/30/2027

3.92 1.98
1,831.67 3,258.42 1,173,760.37 99.89 Citigrou 1,175,000.00 91282CFZ9US TREASURY N/B DTD 11/30/2022 3.875% 11/30/2027

3.91 2.48
9,353.21 14,624.62 1,198,734.00 99.89 HSBC 1,200,000.00 91282CFZ9US TREASURY N/B DTD 11/30/2022 3.875% 11/30/2027

3.91 2.48
5,654.73 7,265.77 400,906.40 100.23 JPMorgan 400,000.00 91282CGP0US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028

3.91 2.72
(438.45)(1,148.21) 601,359.60 100.23 Citigrou 600,000.00 91282CGP0US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028

3.91 2.72
13,818.22 17,771.99 1,353,059.10 100.23 Citigrou 1,350,000.00 91282CGP0US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028

3.91 2.72
57,441.01 72,161.07 2,455,551.70 100.23 HSBC 2,450,000.00 91282CGP0US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028

3.91 2.72
3,596.35 8,165.13 206,806.73 91.91 BMO 225,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.92 3.12
(12,261.00) 2,540.52 1,171,904.78 91.91 MorganSt 1,275,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.92 3.12
1,112.87 20,922.36 1,194,883.30 91.91 BMO 1,300,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.92 3.12
(28,555.62)(5,530.35) 2,205,938.40 91.91 BMO 2,400,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.92 3.12
38,393.00 100,254.99 2,665,508.90 91.91 BMO 2,900,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.92 3.12
8,135.57 9,749.85 1,191,843.60 99.32 Citigrou 1,200,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.94 3.44
19,359.42 21,000.81 1,365,654.13 99.32 MorganSt 1,375,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.94 3.44
19,205.73 20,281.07 1,464,974.43 99.32 JPMorgan 1,475,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.94 3.44

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
U.S. Treasury Bond / Note
14,059.71 16,554.36 2,582,327.80 99.32 MorganSt 2,600,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.94 3.44
10,401.01 11,697.76 2,576,814.95 97.24 MorganSt 2,650,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.96 3.90
341,661.36 3.93 156,627.25 24,660,732.67 25,450,000.00 Security Type Sub-Total 3.10 Municipal Bond / Note
(365.07)(365.07) 84,634.93 99.57 04/15/25JPMorgan 85,000.00 91412HGE7UNIV OF CALIFORNIA-BG (CALLABLE) DTD 07/16/2020 0.883% 05/15/2025

4.33 0.13
(558.67)(994.24) 64,465.31 99.18 BOFAML 65,000.00 341271AD6FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025

4.55 0.25
(728.61)(1,262.76) 84,300.79 99.18 BOFAML 85,000.00 341271AD6FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025

4.55 0.25
(1,316.16)(1,316.16) 158,683.84 99.18 BOFAML 160,000.00 341271AD6FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025

4.55 0.25
(1,188.00)(1,188.00) 98,812.00 98.81 XCHANGE 100,000.00 60412AK85MINNESOTA ST-F-UNREF DTD 08/25/2020 0.630% 08/01/2025

4.22 0.33
(1,580.93)(1,580.93) 128,419.07 98.78 KEYB 130,000.00 798306WP7SAN JUAN CA UNIF SCH DTD 10/29/2020 0.852% 08/01/2025

4.52 0.33
(1,643.39)(1,643.39) 83,356.61 98.07 JPMorgan 85,000.00 13077DQD7CALIFORNIA ST UNIV-B DTD 07/29/2021 0.862% 11/01/2025

4.25 0.57
2,731.20 2,731.20 202,731.20 101.37 WellsFar 200,000.00 13063D3N6CA ST DTD 03/15/2023 4.846% 03/01/2027

4.16 1.81
(5,619.35) 4.37 (4,649.63) 905,403.75 910,000.00 Security Type Sub-Total 0.64 Federal Agency Commercial Mortgage-Backed Security
(371.45) 7,200.17 255,383.27 98.64 RobertBa 258,903.32 3137BNGT5FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026

4.39 0.72
(2,813.03) 10,724.11 537,563.95 97.74 BREAN 550,000.00 3137BSP72FHMS K058 A2 DTD 11/01/2016 2.653% 08/01/2026

4.26 1.31
(1,036.53) 4,957.84 361,793.81 98.27 Citigrou 368,168.65 3137BTUM1FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026

4.39 1.49

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Federal Agency Commercial Mortgage-Backed Security
6,667.50 20,689.76 539,494.45 98.09 MorganSt 550,000.00 3137BXQY1FHMS K064 A2 DTD 05/01/2017 3.224% 03/01/2027

4.22 1.74
1,380.96 12,072.40 539,105.60 98.02 Citigrou 550,000.00 3137F1G44FHMS K065 A2 DTD 07/01/2017 3.243% 04/01/2027

4.20 1.88
4,078.04 4,080.02 392,168.56 101.05 JPMorgan 388,091.65 3137HBC69FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028

4.36 2.57
2,643.66 2,647.35 436,918.90 100.61 JPMorgan 434,282.37 3137HAD45FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028

4.37 2.07
3,812.67 1,921.70 557,415.10 101.35 JPMorgan 550,000.00 3137HACX2FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028

4.27 2.86
2,499.78 5,478.55 521,934.92 99.35 JPMorgan 525,362.91 3136BQDE6FNA 2023-M6 A2 DTD 07/01/2023 4.182% 07/01/2028

4.34 2.99
13,907.71 16,889.50 505,921.50 101.18 BMO 500,000.00 3137HAQ74FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028

4.28 3.02
15,692.41 19,073.60 807,239.20 100.90 WellsFar 800,000.00 3137HAMH6FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028

4.28 3.00
14,683.25 17,666.25 380,710.13 101.52 MorganSt 375,000.00 3137HAST4FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028

4.29 3.10
11,297.63 12,876.50 506,900.00 101.38 BOFAML 500,000.00 3137HAMS2FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028

4.28 3.06
4,337.78 4,468.32 183,947.94 102.19 JPMorgan 180,000.00 3137HB3D4FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028

4.31 3.13
4,862.89 5,056.97 279,266.90 101.55 BOFAML 275,000.00 3137HB3G7FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028

4.31 3.16
(385.58)(1,010.07) 291,889.64 100.65 JPMorgan 290,000.00 3137HBLV4FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028

4.31 3.26
3,109.10 2,801.48 445,503.52 101.25 PIER 440,000.00 3137HDV56FHMS K524 A2 DTD 07/01/2024 4.720% 05/01/2029

4.33 3.67
8,372.65 8,374.30 558,372.65 101.52 MorganSt 550,000.00 3137HDJJ0FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029

4.33 3.57
(1,085.62)(1,617.66) 498,012.57 100.61 BMO 495,000.00 3137HDXL9FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029

4.34 3.82
154,351.09 4.30 91,653.82 8,599,542.61 8,579,808.90 Security Type Sub-Total 2.68

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Federal Agency Bond / Note
(4,891.03)(2,904.02) 419,979.48 98.82 WellsFar 425,000.00 3137EAEU9FREDDIE MAC DTD 07/23/2020 0.375% 07/21/2025

4.45 0.30
(5,251.46)(3,744.65) 344,617.35 98.46 Barclays 350,000.00 3135G05X7FANNIE MAE DTD 08/27/2020 0.375% 08/25/2025

4.18 0.39
(2,468.70)(2,057.10) 147,492.90 98.33 WellsFar 150,000.00 3130AK5E2FEDERAL HOME LOAN BANK DTD 09/11/2020 0.375% 09/04/2025

4.36 0.42
(12,826.84)(10,921.40) 686,971.60 98.14 Citigrou 700,000.00 3137EAEX3FREDDIE MAC DTD 09/25/2020 0.375% 09/23/2025

4.36 0.47
(14,484.73)(12,437.75) 635,235.25 97.73 Barclays 650,000.00 3135G06G3FANNIE MAE DTD 11/12/2020 0.500% 11/07/2025

4.38 0.59
(32,064.92) 4.36 (39,922.76) 2,234,296.58 2,275,000.00 Security Type Sub-Total 0.46 Corporate Note
(18.36) 24.83 24,981.08 99.92 MorganSt 25,000.00 437076CM2HOME DEPOT INC (CALLABLE) DTD 03/28/2022 2.700% 04/15/2025

4.59 0.04
(75.06)(61.16) 64,924.54 99.88 04/01/25KEYB 65,000.00 17252MAP5CINTAS CORPORATION NO. 2 (CALLABLE) DTD 05/03/2022 3.450% 05/01/2025

4.90 0.08
(213.98) 500.85 224,765.10 99.90 BOFAML 225,000.00 90327QD89USAA CAPITAL CORP DTD 05/26/2022 3.375% 05/01/2025

4.59 0.09
(357.30)(27,604.80) 224,642.70 99.84 JPMorgan 225,000.00 369550BG2GENERAL DYNAMICS CORP (CALLABLE) DTD 05/11/2018 3.500% 05/15/2025

4.79 0.12
(2,932.22)(2,707.50) 472,059.75 99.38 05/03/25GoldmanS 475,000.00 023135BQ8AMAZON.COM INC (CALLABLE) DTD 06/03/2020 0.800% 06/03/2025

4.42 0.17
(565.75)(565.75) 249,434.25 99.77 Citigrou 250,000.00 63254ABD9NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.500% 06/09/2025

4.72 0.19
(131.76)(119.15) 49,867.35 99.73 RBC Capi 50,000.00 63743HFE7NATIONAL RURAL UTIL COOP DTD 05/04/2022 3.450% 06/15/2025

4.75 0.20
(480.60)(480.60) 224,519.40 99.79 JPMorgan 225,000.00 459200KS9IBM CORP DTD 07/27/2022 4.000% 07/27/2025

4.62 0.32
(2,673.05)(32,440.95) 224,477.55 99.77 BOFAML 225,000.00 06051GFS3BANK OF AMERICA CORP DTD 07/30/2015 3.875% 08/01/2025

4.60 0.33
(1,977.22)(33,390.45) 224,455.05 99.76 06/15/25US_BANC 225,000.00 002824BM1ABBOTT LABORATORIES (CALLABLE) DTD 03/22/2017 3.875% 09/15/2025

4.41 0.41

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Corporate Note
(7,687.03)(7,383.60) 217,224.90 96.54 04/15/26Citigrou 225,000.00 91324PEC2UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/19/2021 1.150% 05/15/2026

4.32 1.10
(7,480.38)(7,442.23) 167,505.27 95.72 07/12/26SUMITR 175,000.00 05565EBW4BMW US CAPITAL LLC (CALLABLE) DTD 08/12/2021 1.250% 08/12/2026

4.47 1.32
(9,172.32)(8,439.30) 215,424.45 95.74 JPMorgan 225,000.00 14913R2U0CATERPILLAR FINL SERVICE DTD 01/10/2022 1.700% 01/08/2027

4.22 1.71
(1,486.51)(1,442.96) 38,489.04 96.22 12/15/26Citigrou 40,000.00 87612EBM7TARGET CORP (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027

4.16 1.72
(17,712.40)(17,042.05) 456,903.45 96.19 12/24/26Deutsche 475,000.00 06406RBA4BANK OF NY MELLON CORP (CALLABLE) DTD 01/26/2022 2.050% 01/26/2027

4.27 1.75
3,445.84 18,166.50 740,109.00 98.68 11/06/26GoldmanS 750,000.00 594918BY9MICROSOFT CORP (CALLABLE) DTD 02/06/2017 3.300% 02/06/2027

4.05 1.69
477.04 12,642.60 289,845.60 96.62 02/01/27RBS 300,000.00 025816CS6AMERICAN EXPRESS CO (CALLABLE) DTD 03/04/2022 2.550% 03/04/2027

4.40 1.83
(12,384.00)(6,962.07) 459,126.93 96.66 02/15/27SEEL 475,000.00 084664CZ2BERKSHIRE HATHAWAY FIN (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027

4.12 1.87
1,143.14 8,879.40 293,804.40 97.93 01/01/27Barclays 300,000.00 808513BW4CHARLES SCHWAB CORP (CALLABLE) DTD 09/24/2021 3.300% 04/01/2027

4.39 1.85
1,689.04 7,545.00 495,870.00 99.17 CAS 500,000.00 63254ABE7NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.905% 06/09/2027

4.28 2.05
(3,881.17) 12,141.93 753,204.68 97.19 06/12/27TD Secur 775,000.00 037833DB3APPLE INC (CALLABLE) DTD 09/12/2017 2.900% 09/12/2027

4.13 2.27
1,688.27 1,130.25 377,412.75 100.64 WellsFar 375,000.00 89236TKQ7TOYOTA MOTOR CREDIT CORP DTD 01/12/2023 4.625% 01/12/2028

4.33 2.57
2,630.25 11,479.30 340,668.30 97.33 11/07/27MorganSt 350,000.00 637432NP6NATIONAL RURAL UTIL COOP (CALLABLE) DTD 02/07/2018 3.400% 02/07/2028

4.38 2.60
(388.23)(1,208.27) 85,835.13 100.98 01/15/28JPMorgan 85,000.00 882508BV5TEXAS INSTRUMENTS INC (CALLABLE) DTD 11/18/2022 4.600% 02/15/2028

4.22 2.62
6,104.57 13,055.25 371,319.00 99.02 11/20/27MAXE 375,000.00 110122DE5BRISTOL-MYERS SQUIBB CO (CALLABLE) DTD 07/15/2020 3.900% 02/20/2028

4.23 2.59
303.86 344.04 60,236.04 100.39 04/15/28Barclays 60,000.00 539830BZ1LOCKHEED MARTIN CORP (CALLABLE) DTD 05/25/2023 4.450% 05/15/2028

4.29 2.80
5,383.86 4,413.38 382,278.38 101.94 Citigrou 375,000.00 24422EXB0JOHN DEERE CAPITAL CORP DTD 07/14/2023 4.950% 07/14/2028

4.30 2.98

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Corporate Note
33,416.37 34,419.00 780,699.00 104.09 08/29/28Barclays 750,000.00 17325FBB3CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028

4.52 3.10
2,851.50 2,946.44 342,494.24 100.73 01/08/29Barclays 340,000.00 009158BH8AIR PRODUCTS & CHEMICALS (CALLABLE) DTD 02/08/2024 4.600% 02/08/2029

4.40 3.45
7,193.65 7,224.00 427,077.00 101.69 01/26/29Citigrou 420,000.00 17275RBR2CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029

4.36 3.48
789.55 806.95 50,716.45 101.43 02/14/29Citigrou 50,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029

4.32 3.53
10,098.67 10,033.28 735,388.53 101.43 02/14/29BOFAML 725,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029

4.32 3.53
2,776.52 2,817.07 172,592.67 101.53 03/04/29SEEL 170,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029

4.36 3.50
3,376.95 3,431.90 208,126.45 101.53 03/04/29BOFAML 205,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029

4.36 3.50
2,096.82 2,208.38 126,402.13 101.12 05/25/29MorganSt 125,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029

4.45 3.72
3,986.28 4,176.75 252,804.25 101.12 05/25/29PNCBank 250,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029

4.45 3.72
(5,536.90)(5,486.80) 394,033.20 98.51 Deutsche 400,000.00 02665WFQ9AMERICAN HONDA FINANCE DTD 09/05/2024 4.400% 09/05/2029

4.74 3.96
646.49 647.68 115,523.48 100.46 02/01/30BOFAML 115,000.00 571676AY1MARS INC (CALLABLE) DTD 03/12/2025 4.800% 03/01/2030

4.68 4.30
6,257.14 4.37 14,944.43 11,335,241.49 11,400,000.00 Security Type Sub-Total 2.21 Certificate of Deposit
3,447.00 3,447.00 453,447.00 100.77 TD Secur 450,000.00 89115B6K1TORONTO DOMINION BANK NY DTD 10/31/2022 5.600% 10/27/2025

4.18 0.57
3,394.80 3,394.80 453,394.80 100.75 WellsFar 450,000.00 65558UYF3NORDEA BANK ABP NEW YORK DTD 11/03/2022 5.530% 11/03/2025

4.24 0.57
6,841.80 4.21 6,841.80 906,841.80 900,000.00 Security Type Sub-Total 0.57 Bank Note

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Bank Note
3,914.62 3,798.90 529,323.90 100.82 07/14/27Citigrou 525,000.00 61690U8E3MORGAN STANLEY BANK NA (CALLABLE) DTD 07/19/2024 4.968% 07/14/2028

4.80 2.13
3,798.90 4.80 3,914.62 529,323.90 525,000.00 Security Type Sub-Total 2.13 Asset-Backed Security
(17.20)(16.33) 5,100.12 99.66 BOFAML 5,117.53 43815GAC3HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026

15.65 0.09
(46.00)(45.85) 8,719.13 99.47 JPMorgan 8,765.20 362554AC1GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026

4.76 0.13
(254.91)(253.59) 97,944.09 99.74 RBC Capi 98,200.00 14318MAD1CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027

4.55 0.46
(45.48)(36.12) 83,551.39 99.94 WellsFar 83,604.81 65480JAC4NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027

4.59 0.55

81.10 94.30 158,048.83 100.04 RBC Capi 157,980.42 36265QAD8GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027

4.74 0.47

92.38 92.42 193,247.28 100.05 BOFAML 193,154.95 891940AC2TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027

4.58 0.68
504.82 523.54 245,485.10 100.20 RBC Capi 245,000.00 14041NGB1COMET 2022-A3 A DTD 11/03/2022 4.950% 10/15/2027

4.62 0.52
366.45 372.18 130,462.23 100.28 JPMorgan 130,103.15 41285JAD0HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027

4.65 0.65
160.61 165.37 111,194.47 100.14 BNPPSA 111,040.68 344928AD8FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028

4.48 0.73
2,647.14 2,670.78 322,604.80 100.81 BOFAML 320,000.00 43815QAC1HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028

4.50 0.86
(231.43)(224.00) 319,757.44 99.92 RBC Capi 320,000.00 254683CY9DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028

4.49 0.92
782.32 796.35 170,757.86 100.45 BOFAML 170,000.00 05522RDG0BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028

4.41 1.07
1,054.55 1,060.71 191,043.86 100.55 RBC Capi 190,000.00 02582JJZ4AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028

4.39 1.07
235.65 277.49 490,165.13 100.03 RBC Capi 490,000.00 14041NGD7COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028

4.44 1.07

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Asset-Backed Security
2,442.38 2,459.13 352,411.85 100.69 BOFAML 350,000.00 254683CZ6DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028

4.37 1.15
1,030.91 1,035.14 86,020.17 101.20 JPMorgan 85,000.00 438123AC5HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028

4.61 1.08
3,086.30 3,093.30 353,071.60 100.88 JPMorgan 350,000.00 31680EAD3FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028

4.57 0.90
4,611.33 4,643.01 409,530.74 101.12 JPMorgan 405,000.00 161571HT4CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028

4.39 1.38
4,962.05 4,967.44 414,949.11 101.21 Citigrou 410,000.00 02582JKD1AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028

4.43 1.37
1,990.12 1,996.43 181,972.26 101.10 BOFAML 180,000.00 05522RDH8BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028

4.31 1.53
9,090.67 9,090.67 503,989.20 101.82 Barclays 495,000.00 02582JKH2AMXCA 2024-1 A DTD 04/23/2024 5.230% 04/16/2029

4.31 1.90
198.16 147.53 415,129.69 100.03 BOFAML 415,000.00 92348KDY6VZMT 2025-3 A1A DTD 03/31/2025 4.510% 03/20/2030

4.57 2.36
32,909.90 4.48 32,741.92 5,245,156.35 5,212,966.75 Security Type Sub-Total 1.19 55,252,775.65 54,416,539.15 508,135.92 262,151.45 4.17 Managed Account Sub-Total 2.46 Joint Powers Authority

0.00 0.00 415,719.68 1.00 415,719.68 CAMP Pool 0.00 415,719.68 415,719.68 0.00 0.00 Liquid Sub-Total 0.00 Total Investments $55,139,458.61
$307,199.78
$54,832,258.83
Accrued Interest
Securities Sub-Total $55,668,495.33 $508,135.92 $262,151.45 4.17% 2.46

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Security Transactions & Interest

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade CUSIPSecurity DescriptionSettle Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
BUY
03/06/25 US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 (2,565,117.19) (15,464.43) (2,580,581.62) 2,650,000.00 03/03/25 03/12/25 MARS INC (CALLABLE)
DTD 03/12/2025 4.800% 03/01/2030
571676AY1 (114,875.80) 0.00 (114,875.80) 115,000.00 03/05/25 03/31/25 VZMT 2025-3 A1A
DTD 03/31/2025 4.510% 03/20/2030
92348KDY6 (414,982.16) 0.00 (414,982.16) 415,000.00 03/25/25 (15,464.43) (3,110,439.58)(3,094,975.15) 3,180,000.00 Transaction Type Sub-Total

INTEREST
03/01/25 CA ST
DTD 03/15/2023 4.846% 03/01/2027
13063D3N6 0.00 4,846.00 4,846.00 03/01/25
03/25/25 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 0.00 1,730.67 1,730.67 03/01/25
03/25/25 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 0.00 2,208.71 2,208.71 03/01/25
03/25/25 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 0.00 1,975.00 1,975.00 03/01/25
03/25/25 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 0.00 3,100.00 3,100.00 03/01/25
03/25/25 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 0.00 1,029.31 1,029.31 03/01/25
03/25/25 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 0.00 1,578.20 1,578.20 03/01/25
03/25/25 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 0.00 1,873.99 1,873.99 03/01/25
03/25/25 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
3137F1G44 0.00 1,486.38 1,486.38 03/01/25
03/25/25 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
3137BXQY1 0.00 1,477.67 1,477.67 03/01/25
03/25/25 FHMS K054 A2
DTD 04/01/2016 2.745% 01/01/2026
3137BNGT5 0.00 593.58 593.58 03/01/25
03/25/25 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 0.00 1,104.90 1,104.90 03/01/25

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Security Transactions & Interest

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade CUSIPSecurity DescriptionSettle Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
03/25/25 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 0.00 1,113.75 1,113.75 03/01/25
03/25/25 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
3137HDJJ0 0.00 2,201.38 2,201.38 03/01/25
03/25/25 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 0.00 1,515.63 1,515.63 03/01/25
03/25/25 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 0.00 1,730.98 1,730.98 03/01/25
03/25/25 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 0.00 760.35 760.35 03/01/25
03/25/25 FHMS K058 A2
DTD 11/01/2016 2.653% 08/01/2026
3137BSP72 0.00 1,215.96 1,215.96 03/01/25
03/25/25 FNA 2023-M6 A2
DTD 07/01/2023 4.182% 07/01/2028
3136BQDE6 0.00 1,830.71 1,830.71 03/01/25
03/25/25 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 0.00 2,000.00 2,000.00 03/01/25
03/04/25 FEDERAL HOME LOAN BANK
DTD 09/11/2020 0.375% 09/04/2025
3130AK5E2 0.00 281.25 281.25 03/04/25
03/04/25 AMERICAN EXPRESS CO (CALLABLE)
DTD 03/04/2022 2.550% 03/04/2027
025816CS6 0.00 3,825.00 3,825.00 03/04/25
03/05/25 AMERICAN HONDA FINANCE
DTD 09/05/2024 4.400% 09/05/2029
02665WFQ9 0.00 8,800.00 8,800.00 03/05/25
03/10/25 ROCHE HOLDINGS INC (CALLABLE)
DTD 03/10/2022 2.132% 03/10/2025
771196BT8 0.00 4,370.60 4,370.60 03/10/25
03/12/25 APPLE INC (CALLABLE)
DTD 09/12/2017 2.900% 09/12/2027
037833DB3 0.00 11,237.50 11,237.50 03/12/25
03/14/25 BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
09290DAA9 0.00 18,212.50 18,212.50 03/14/25
03/15/25 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 0.00 747.00 747.00 03/15/25
03/15/25 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
14041NGB1 0.00 1,010.63 1,010.63 03/15/25
03/15/25 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
02582JKD1 0.00 1,786.92 1,786.92 03/15/25

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Security Transactions & Interest

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade CUSIPSecurity DescriptionSettle Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
03/15/25 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 0.00 1.03 1.03 03/15/25
03/15/25 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
254683CY9 0.00 1,149.33 1,149.33 03/15/25
03/15/25 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 0.00 357.52 357.52 03/15/25
03/15/25 BERKSHIRE HATHAWAY FIN
(CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027
084664CZ2 0.00 5,462.50 5,462.50 03/15/25
03/15/25 NY ST URBAN DEV-F-1
DTD 12/23/2020 0.870% 03/15/2025
650036DT0 0.00 1,413.75 1,413.75 03/15/25
03/15/25 AMXCA 2024-1 A
DTD 04/23/2024 5.230% 04/16/2029
02582JKH2 0.00 2,157.37 2,157.37 03/15/25
03/15/25 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 0.00 1,612.92 1,612.92 03/15/25
03/15/25 COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
14041NGD7 0.00 1,804.83 1,804.83 03/15/25
03/15/25 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
891940AC2 0.00 794.29 794.29 03/15/25
03/15/25 DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
254683CZ6 0.00 1,437.92 1,437.92 03/15/25
03/15/25 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 0.00 587.81 587.81 03/15/25
03/15/25 BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
05522RDG0 0.00 678.58 678.58 03/15/25
03/15/25 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
161571HT4 0.00 1,741.50 1,741.50 03/15/25
03/15/25 AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
02582JJZ4 0.00 771.08 771.08 03/15/25
03/15/25 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 0.00 334.78 334.78 03/15/25
03/15/25 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
344928AD8 0.00 458.65 458.65 03/15/25

U.S. Bancorp Asset Management, Inc.

For the Month Ending March 31, 2025Managed Account Security Transactions & Interest

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade CUSIPSecurity DescriptionSettle Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
03/15/25 ABBOTT LABORATORIES (CALLABLE)
DTD 03/22/2017 3.875% 09/15/2025
002824BM1 0.00 4,359.38 4,359.38 03/15/25
03/16/25 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
36265QAD8 0.00 694.31 694.31 03/16/25
03/16/25 GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
362554AC1 0.00 6.65 6.65 03/16/25
03/18/25 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 0.00 1,442.67 1,442.67 03/18/25
03/21/25 HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
43815GAC3 0.00 6.22 6.22 03/21/25
03/21/25 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
438123AC5 0.00 401.63 401.63 03/21/25
03/23/25 FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
3137EAEX3 0.00 1,312.50 1,312.50 03/23/25
03/29/25 CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
17325FBB3 0.00 21,761.25 21,761.25 03/29/25
136,393.04 136,393.04 0.00 Transaction Type Sub-Total

MATURITY
03/10/25 ROCHE HOLDINGS INC (CALLABLE)
DTD 03/10/2022 2.132% 03/10/2025
771196BT8 410,000.00 0.00 410,000.00 0.00 0.00 410,000.00 03/10/25 03/15/25 NY ST URBAN DEV-F-1
DTD 12/23/2020 0.870% 03/15/2025
650036DT0 325,000.00 0.00 325,000.00 0.00 0.00 325,000.00 03/15/25

0.00 0.00 0.00 735,000.00 735,000.00 735,000.00 Transaction Type Sub-Total

PAYDOWNS
03/25/25 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 545.12 0.00 545.12 0.01 0.01 545.12 03/01/25 03/25/25 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 1,746.66 0.00 1,746.66 0.01 0.01 1,746.66 03/01/25 03/25/25 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 871.63 0.00 871.63 26.83 13.28 871.63 03/01/25