Lake Elsinore City Council
October 28, 2025

AGREEMENT FOR PROFESSIONAL SERVICES
HELIX Environmental Planning, Inc.

Environmental Services for the Murrieta Creek Multi-Use Trail Project This Agreement for Professional Services (the “Agreement”) is made and entered into as of May 13, 2025, by and between the City of Lake Elsinore, a municipal corporation (‘‘City") and HELIX Environmental Planning, Inc., a Corporation ("Consultant").

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

Environmental services – pre-construction surveys, environmental monitoring and implementation, maintenance, and monitoring of restoration and revegetation of impacted areas.

B. Consultant has submitted to City a proposal, dated March 4, 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.

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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 Three Hundred Thirty One Thousand One Hundred dollars ($331,100) 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.

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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.

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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 Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633

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 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 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 Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633

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.

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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.

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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: HELIX Environmental Planning, Inc.

Attn: Karl Osmundson
7578 El Cajon Boulevard
La Mesa, CA 91942

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.

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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 Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633

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]
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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
“CONSULTANT”
HELIX Environmental Planning, Inc., a
Corporation
By: Karl Osmundson
Its: Biology Division Manager
Attachments: Exhibit A – Consultant’s Proposal
Exhibit B – List of Subcontractors
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6/18/2025 | 11:33 AM PDT
7/2/2025 | 3:31 PM PDT
7/3/2025 | 3:30 PM PDT
7/3/2025 | 3:43 PM PDT

EXHIBIT A

EXHIBIT A
CONSULTANT’S PROPOSAL
[ATTACHED]
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HELIX Environmental Planning, Inc.
7578 El Cajon Boulevard
La Mesa, CA 91942
619.462.1515 tel
619.462.0552 fax
www.helixepi.com
June 9, 2025

Yu Tagai
City of Lake Elsinore
130 S Main Street
Lake Elsinore, CA 92530
[email protected] | 951-674-3124 (x246)

Subject: Letter Proposal to Provide Environmental Services for the Murrieta Creek Multi-Use Trail Construction Project

Dear Mr. Tagai:

HELIX Environmental Planning, Inc. (HELIX) is submitting this letter proposal (Proposal) to the City of Lake Elsinore (City) to provide environmental services for the Murrieta Creek Multi-Use Trail Construction Project (project) located in the City of Lake Elsinore, Riverside County, California. The project includes the construction of a multi-use trail within the vicinity of Murrieta Creek and Lake Elsinore.

SCOPE OF SERVICES

Environmental services consist of: pre-construction surveys; environmental monitoring; and implementation, maintenance, and monitoring of restoration and revegetation of temporarily impacted areas. In addition, the project will implement the Habitat Mitigation and Monitoring Plan as mitigation for project impacts.

Task 1 Protocol Burrowing Owl Surveys. HELIX will conduct an updated habitat assessment for burrowing owls for the project site and a 500 foot buffer. The buffer and project area result in a total survey area of approximately 150 acres within California Department of Fish and Wildlife (CDFW) habitat, some of which is not suitable burrowing owl habitat. As suitable burrowing owl habitat is known to occur in the project area, HELIX will conduct a presence/absence survey for burrowing owl (Athene cunicularia) in compliance with the project Streambed Alteration Agreement (SAA, EPIMS-RIV-43632-R6). As specified in the SAA, the surveys will be conducted in accordance with the 2006 Western Riverside County Multiple Species Habitat Conservation Plan (MSHCP) Burrowing Owl Survey Instructions. The SAA also requires the survey to occur between 30 and 60 days prior to the start of project impacts. A minimum of one site visit must occur, but up to four visits may be required depending on the results of the first site visit. HELIX anticipates four surveys will be required, based on the previous work conducted. HELIX estimates that the survey area of the project site and a 500 foot buffer includes less than 90 acres of potential burrowing owl habitat. The surveys are to occur during the breeding season (March 1 through August 31) at least one week apart, and between 30 to 60 days prior to the start of the project impacts. A report of the survey results will be submitted electronically to the City and CDFW within 10 days of the last survey and no less than 21 days prior to the start of project activities.

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Letter Proposal to Mr. Yu Tagai Page 2 of 6
June 6, 2025

Task 2 Pre-construction Burrowing Owl Survey. As required pursuant to the Western Riverside County MSHCP and project mitigation measure BIO-2, HELIX will conduct a pre-construction burrowing owl survey to confirm the presumed absence of the species within potential impact areas of the project. The survey will be conducted in accordance with the March 29, 2006, Burrowing Owl Survey Instructions for the Western Riverside County MSHCP Area. The pre-construction survey is required to occur within 30 days prior to project impacts and consists of a single visit.

A letter report with appropriate maps will be provided to the City via e-mail for submittal to the City. A positive survey will require that burrowing owl be avoided and or relocated and burrowing owl plan describing avoidance, relocation, monitoring, minimization and mitigation measures be approved by CDFW. This task does not include a burrowing owl plan. If required, additional authorization would be required to prepare a burrowing owl plan.

Task 3 Pre-Construction Nesting Bird Survey. HELIX will conduct a pre-construction nesting bird survey to determine if active nests are present on or adjacent to the project site. The survey will be conducted within three days prior to initiating activities. The project SAA Measure 2.11 requires the survey to be conducted year-round in areas of CDFW jurisdiction (below the 1,265 foot level). The project mitigation measure Bio-3 requires preconstruction nesting bird surveys to be conducted prior work starting during the breeding season of January 15 to September 15 for the entire alignment. Due to the linear nature of the project, it is anticipated that the timing of the vegetation removal will require multiple surveys. This task includes up to three surveys.

The surveys are anticipated to cover a directed search of approximate 60 acres survey comprised of the project area, and up to a 100-foot buffer. Due to overlap of habitat each of the three surveys is anticipated to cover up to 30 acres. Nesting habitat between 100 and 500 feet from the project alignment will be surveyed via binoculars where trees with potential to support nesting raptors occur. Adjacent developed habitat is to be surveyed via binoculars where appropriate. HELIX will provide a brief letter report to the City describing the survey methods and results of the survey, including a map of active nest(s) found during the survey and corresponding setback buffer from the active nest based on the project requirements, species, nest location, and other environmental factors.

An additional pre-construction survey would be required if ground disturbance does not initiate within three days of the pre-construction survey date, which would require additional authorization from the City. This task does not include additional site visits to conduct nest monitoring, determine the status of nests, or time to coordinate with the resource agencies.

Due to the time required to determine species, specific nest locations and setting up a buffer, and coordination with the team, this task assumes that no more than five active nests will be identified during the pre-construction nesting bird survey, if more than five nests are located an additional authorization would be required.

Task 4 Paleontological Resources Monitoring and Treatment Plan. For compliance with project Mitigation Measure GEO-1, as a subconsultant to HELIX, the Paleo Services department of the San Diego Natural History Museum (SDNHM) will provide qualified paleontologists to develop a Paleontological Resource Monitoring and Treatment Plan (PRMTP) that will be submitted to the City for approval by the Community Development Director. The qualified paleontologist will monitor the construction activities in accordance with the PRMTP. This task includes 30 days of paleontological monitoring and attendance of meetings over an eight-month period, for a total of 240 hours. This task assumes that fossils will not be discovered. Should fossils be found during the project an additional authorization would be required to cover the cost of processing and preservation of the fossils if required. A post-construction report is included.

Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633

Letter Proposal to Mr. Yu Tagai Page 3 of 6
June 6, 2025

Task 5 Worker’s Education Awareness Program Brochure and Training. In accordance with SAA Measure 2.8, HELIX will prepare a Worker’s Education Awareness Program (WEAP) brochure/fact sheet that will be provided to project personnel during the pre-construction meeting. The WEAP brochure will contain biological information and photographs of the sensitive biological resources that may occur on the project site. It will also contain a brief summary of the general restrictions during construction, requirements prior to commencing and after work finishes each day, invasive species education, contact information for biological, cultural, paleontological monitors, and the Designated Biologist. The WEAP brochure will be provided in English and Spanish. HELIX will give an education training presentation (in English) to the persons employed or otherwise working on the project. The City will be responsible for providing a translator for the WEAP, if needed. This task includes up to 35 copies (30 in English and five in Spanish) of the brochure and up to two training sessions.

Task 6 Cultural Resources (Archaeological) Construction Monitoring. HELIX will provide archaeological monitoring per the requirements of the project’s Mitigation Monitoring and Reporting Program (MMRP), specifically Mitigation Measures CUL-1, CUL-2, and CUL-5. This scope includes:
preparation of a Cultural Resources Monitoring Program (CRMP) in consultation with the consulting tribe and for submittal to the Community Development Director; cultural sensitivity training by a qualified archaeologist at a preconstruction meeting; and monitoring of all initial ground-disturbing activities, including brushing/grubbing, tree removal, trenching, and grading, by a qualified archaeological monitor; daily monitoring notes; and preparation of a monitoring letter report (Phase IV report).

Should any cultural material be encountered, the archaeological monitor will stop work within a 100-foot radius and immediately inform HELIX’s principal investigator, the consulting tribe (if a tribal monitor is not present), and the City. Once the archaeologist and the consulting tribe have examined the cultural material, the significance of the discovery shall be discussed with the Community Development Director. If cultural material is identified it may need to be evaluated and treatment/disposition determined. Additional excavation or other research may be required, which may result in additional costs, requiring additional authorization. The scope and cost of additional work would depend on the nature and extent of cultural material encountered. We will notify you immediately if cultural material is encountered.

This scope assumes 40 nine-hour days (360 hours) of monitoring by an archaeologist; this time includes travel to the project site and daily notes. If additional days of monitoring are required to stay in compliance with the MMRP, you will be notified immediately, and additional authorization will be required.

Task 7 Tribal Coordination. Tribal cultural monitors will be retained directly by the City, and that scope and cost are not included in this proposal. However, HELIX cultural resources staff will coordinate with the consulting tribe to keep them apprised of the grading and monitoring schedule and informed of any discoveries that may occur when a tribal monitor is not present.

Sixteen hours of a cultural resources project manager’s time are assumed over the six to eight month construction period.

Task 8 Biological Construction Monitoring. Under this task, HELIX will provide construction monitoring to help keep activities within the approved project limits. The monitoirng will be conducted as required by SAA Measures 2,2, 2.5, 2.6, 2.7, and 2.9. Included in this construction monitoring are the following tasks to be carried out by HELIX:

a) Pre-, Post-, and during construction photo documentation; b) Supervise the placement of fencing along the approved limits of disturbance; Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633

Letter Proposal to Mr. Yu Tagai Page 4 of 6
June 6, 2025

c) Help keep construction activities and staging areas are restricted to the approved development area;
d) Monitor construction activities (as needed) so that construction does not encroach into biologically sensitive areas beyond the approved limits of disturbance; e) Assist with inspection of equipment as it arrives to project site; f) Conduct daily clearance surveys of the project area prior to project activities to avoid impacts to non-listed terrestiral wildlife;
g) Monitor the best management practices throughout construction; h) Verify that the area outside the established limits of disturbance remains free of trash, parking, or other construction-related activities.

For cost estimate purposes, an eight month construction monitoring period has been assumed with a total of 160 site visits (900 monitoring hours total) by one designated biologist.

Monitoirng visits are anticipated to be between four and eight hours a day (including travel) depending upon construction activites. Biological construction monitoring will include attending a pre-construction meeting, presenting the environmental training to new crews throughout the project timeframe, as well as ongoing biological construction monitoring including full-time monitoring during project vegetation clearing and daily morning visits within CDFW jurisidction. If additional hours of monitoring are required, additional authorization would be provided.

Task 9 Management/Meetings and Agency Liaison. HELIX has assumed 90 hours of Sr. Scientist, Project Manager, and Principal Biologist time for management/meetings with the project team, and other applicable agencies, and related advisory services. This task includes submitting the names and qualifications of Designated Biologists, biological monitors, and other qualified personnel to be pre-approved by CDFW prior to surveys as required by the SAA.

Commencement of construction notifications to CDFW and Regional Water Quality Control Board (RWQCB) and a single RWQCB annual report to are included in this task. The RWQCB annual report is due on December 6th each year until sign-off of restoration activities. If the City requests additional services that cause HELIX to exceed the time allocated for this task, additional authorization would be required.

Optional Tasks

Task 10 Bird Nest Monitoring. If an active bird nest is identified as part of the pre-construction bird survey described in Task 5, HELIX will conduct daily nest monitoring including documentation of the stage of reproduction and expected fledge date per SAA Measure 2.11.4. This task provided up to three hours a day (including travel time) of nest monitoring for up to six weeks (30 days).

This task also includes submitting weekly reports regarding the status of the nest(s) to CDFW.

Only the hours used will be billed. When appropriate, the nest monitoring biologist can also conduct the required biological construction monitoring duties to aid in cost reduction. If additional monitoring is required beyond the assumed hours, additional authorization would be required.

Task 11 Least Bell’s Vireo Protocol Surveys. For compliance with SAA Measure 2.12, if construction activities are proposed to occur within 1,000 feet of potential least Bell’s vireo (Vireo bellii pusillus) habitat during the breeding season (April 10 to August 31), then protocol surveys are required to determine the presence/absence of least Bell’s vireo. HELIX will conduct surveys for the federally and state listed endangered least Bell’s vireo within appropriate habitat within 1,000 feet of project impacts. The surveys will follow the most current U.S. Fish and Wildlife Service (USFWS) protocol, which requires eight surveys at least ten days apart, between April 10 and July 31. As required under the USFWS protocol for conducting vireo surveys, HELIX will Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633

Letter Proposal to Mr. Yu Tagai Page 5 of 6
June 6, 2025

submit a final report to the USFWS and CDFW within 45 days after completing the final survey.

Survey results data will also be provided to the U.S. Geological Survey Riparian Bird Working Group. If least Bell’s vireo are present and work is proposed to occur within 500 feet of a least Bell’s vireo nest, additional mitigation measures, including obtaining California Endangered Species Act (CESA) authorization, are required. This task does not include implementation of the additional measures or obtaining CESA authorization. No additional measures are required if work within 500 feet of occupied least Bell’s vireo habitat can be avoided.

SCHEDULE

HELIX will work with the City in a timely and professional manner.

COST ESTIMATE

HELIX submits this cost estimate not to exceed $304,100 without option tasks, or $331,100 with optional tasks, which is provided below in a breakdown by task. All work shall be invoiced on a time-and- materials basis pursuant to Exhibit A, Schedule of Fees.

Task
Number Task Name Cost
1 Burrowing Owl Surveys $15,400
2 Pre-construction Burrowing Owl Survey 6,550
3 Pre-Construction Nesting Bird Surveys 12,400
4 Paleontological Resources Monitoring and Treatment Plan 37,100 5 Worker’s Education Awareness Program Brochure and
Training
8,850
6 Cultural Resources (Archaeological) Construction Monitoring 46,500 7 Tribal Coordination 2,500
8 Biological Construction Monitoring 154,900
9 Management/Meetings and Agency Liaison 19,900
Subtotal without Optional Tasks $304,100
Optional Tasks
10 Bird Nest Monitoring $11,950
11 Least Bell’s Vireo Protocol Surveys 15,050
Subtotal with Optional Tasks $331,100

ASSUMPTIONS AND LIMITATIONS

The following assumptions and limitations are a material component of this Proposal. • City will provide HELIX with current available digital baseline data and project plans for producing all maps and graphics, which should be submitted in one of the following formats: .dxf, .dwg (AutoCAD), .dgn (Microstation), .shp (ArcView shapefiles), .gdb (ArcGIS geodatabase) or .kmz (Google Earth). In some cases, .pdf files will be acceptable. • Costs associated with public meetings, biological surveys not specifically described above, and/or permit preparation and processing (“additional work”) are not included within the scope of services required of HELIX under this Proposal.
• City will pay any required CDFW environmental review fees and County filing fees.

Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633

Letter Proposal to Mr. Yu Tagai Page 6 of 6
June 6, 2025

• City will identify all potential off-site components associated with the project prior to HELIX conducting the site assessment.
• Native American monitoring will be contracted directly by the City and is not included in this scope of work.
• Assumes that the cultural resources and paleontological monitoring will be negative and a letter report will be sufficient documentation of the monitoring effort. If cultural and/or paleontological material is encountered, it may need to be evaluated and treatment/disposition determined. Additional excavation or other research may be required, which may result in additional costs, requiring additional authorization. The scope and cost of additional work would depend on the nature and extent of cultural material encountered. We will notify you immediately if cultural material is encountered.
• HELIX is committed to meeting accessibility requirements for the ADA and Section 508 of the Rehabilitation Act for public-facing digital document deliverables.

CLOSING

We look forward to working with you on this project. If you have any questions concerning this Proposal, please contact your Project Manager Rob Hogenauer at (562)537-2426 or [email protected], or me at (619) 462-1515 or [email protected].

Sincerely,

Karl Osmundson
Biology Division Manager/Principal Biologist
Enclosures: Exhibit B, Schedule of Fees
for
Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633

EXHIBIT B

SCHEDULE OF FEES

HOURLY RATES
Principal $300-325 Director of Operations $220
Principal Planner $250-310 Safety Manager $215
Principal Biologist/Regulatory Specialist $235-310 Senior Construction Project Manager $260-310 Principal Noise/Air Quality Specialist $220-235 Construction Project Manager I-III $155-200 Principal Landscape Architect $220-250 Assistant Construction Project Manager $125 Principal Cultural Resources Specialist $220-250 Construction Foreman $104 Senior Noise/Air Quality Specialist $175-230 Land Manager $104 Senior Project Manager $185-230 Equipment Manager $104 Senior Environmental Planner $160-210 Operator $158
Senior Scientist/Regulatory Specialist $165-205 Irrigation Technician $140 Project Manager $145-$185 Senior Restoration Supervisor $153 Assistant Project Manager $100-145 Restoration Supervisor I-II $131-147 Regulatory Specialist $130-150 Assistant Restoration Supervisor $110 Environmental Compliance Specialist $195 Restoration Foreman $104 Environmental Planner $110-145 Restoration Lead $86
Biologist $120-165 Restoration Technician I-III $61-80 Noise/Air Quality Specialist $135-170 Nursery Manager $140 Senior Archaeologist/Architectural Historian $125-170 Nursery Technician $55 Senior Archaeology Field Director $135-145
Archaeology Field Director $125-135
Asst. Archaeology Field Director $95-120
Staff Archaeologist/Architectural Historian $90-135
Landscape Architect $140-190
Landscape Designer $110-140
Senior GIS Specialist $160-190
GIS Specialist/Graphics Specialist $115-150
Operations Manager $100-150
Technical Editor $115-125
Word Processor $90-100
Clerical $75-85

CONSULTING SERVICES Consulting services performed
by HELIX typically include, but are not necessarily limited to, office, field, meetings, hearings, and travel time. Consulting services for expert witness review, deposition, and/or testimony will be provided at one and one-half times our standard rates.

Overtime also may be charged at one and one-half times our standard rates. Rates are subject to change on a yearly basis.

PAYMENT Invoices will be submitted monthly. Payment on invoices is due within 30 days of receipt.

DIRECT COSTS Certain identifiable direct costs will be
charged to the project at cost plus ten percent. Examples of direct costs include subconsultants, vehicle or
equipment rentals, airplane and train fares, parking, per diem and lodging, mileage (at IRS rates), communications, reproduction, and supplies. A 4-wheel drive premium will be charged at $25 per project day. There will be additional charges for use of noise monitors, GPS, and other field
equipment, as well as for plotting, color printing, and aerial photographs.

Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633 ANY PROPRIETOR/PARTNER/EXECUTIVEOFFICER/MEMBER EXCLUDED?

INSR ADDLSUBRLTR INSDWVD
PRODUCER CONTACTNAME: FAXPHONE(A/C, No):(A/C, No, Ext):E-MAILADDRESS:INSURER A :INSURED INSURER B :INSURER C :INSURER D :INSURER E :INSURER F :

POLICY NUMBERPOLICY EFFPOLICY EXPTYPE OF INSURANCELIMITS(MM/DD/YYYY)(MM/DD/YYYY)

AUTOMOBILE LIABILITY

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

AUTHORIZED REPRESENTATIVE
EACH OCCURRENCE$DAMAGE TO RENTEDCLAIMS-MADEOCCUR $PREMISES (Ea occurrence)MED EXP (Any one person)$PERSONAL & ADV INJURY$GEN'L AGGREGATE LIMIT APPLIES PER:GENERAL AGGREGATE$PRO-POLICYLOC PRODUCTS - COMP/OP AGGJECT OTHER: $COMBINED SINGLE LIMIT$(Ea accident)ANY AUTO BODILY INJURY (Per person)$OWNEDSCHEDULEDBODILY INJURY (Per accident)$AUTOS ONLYAUTOSHIREDNON-OWNEDPROPERTY DAMAGE$AUTOS ONLYAUTOS ONLY(Per accident)$OCCUR EACH OCCURRENCECLAIMS-MADEAGGREGATE$DEDRETENTION$ PEROTH-STATUTEERE.L. EACH ACCIDENTE.L. DISEASE - EA EMPLOYEE$If yes, describe underE.L. DISEASE - POLICY LIMITDESCRIPTION OF OPERATIONS below INSURER(S) AFFORDING COVERAGENAIC #

COMMERCIAL GENERAL LIABILITY
Y / NN / A(Mandatory in NH)
SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORETHE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED INACCORDANCE WITH THE POLICY PROVISIONS.

THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIODINDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THISCERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS,EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.

THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THISCERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIESBELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZEDREPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed.If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement onthis certificate does not confer rights to the certificate holder in lieu of such endorsement(s).

COVERAGESCERTIFICATE NUMBER:REVISION NUMBER:

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

CERTIFICATE OF LIABILITY INSURANCEDATE (MM/DD/YYYY)
$
$$$$
The ACORD name and logo are registered marks of ACORD
5/15/2025
(858) 200-3373(858) 200-337410172Helix Environmental Planning, Inc.7578 El Cajon Blvd., Suite 200La Mesa, CA 9194222667 A 1,000,000XG48973164 0014/1/20254/1/202650,000CONTRACTOR POLLUTION10,0001,000,0002,000,0002,000,0001,000,000B H08888073 0014/1/20254/1/20265,000,000A G48973176 0014/1/20254/1/20265,000,0000AProfessional Liab.G48973164 0014/1/2025Any One Wrongful Act1,000,000AProfessional Liab.G48973164 0014/1/20254/1/2026Aggregate2,000,000*Excess LiabilityInsurer: Lloyds of LondonPolicy Term: 4/1/2025 - 4/1/2026Policy Number: ENVXSS530982Limits: Aggregate: $5,000,000 ; Occurence: $5,000,000Excess Liability policy follows form of the underlying General Liability, Contractors Pollution Liability, Professional Liability & Auto Liability.SEE ATTACHED ACORD 101 City of Lake ElsinoreAttn: City Manager130 South Main StreetLake Elsinore, CA 92530 HELIENV-01PERMI1
Assured Partners of CA Insurance Services, LLC dba: Wateridge Insurance Services9655 Granite Ridge Drive, Ste 450San Diego, CA 92123Miriam [email protected] Surplus Lines Ins CoACE American Ins Co. 4/1/2026

X XXXXX XXXX
Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633 6/17/2025 | 3:55 PM PDT
FORM NUMBER:

EFFECTIVE DATE:

The ACORD name and logo are registered marks of ACORD

ADDITIONAL REMARKS

ADDITIONAL REMARKS SCHEDULE
FORM TITLE:

Page of

THIS ADDITIONAL REMARKS FORM IS A SCHEDULE TO ACORD FORM, ACORD 101 (2008/01)
AGENCY CUSTOMER ID:LOC #:

AGENCY NAMED INSUREDPOLICY NUMBERCARRIER NAIC CODE
© 2008 ACORD CORPORATION. All rights reserved.

Assured Partners of CA Insurance Services, LLC dba: Wateridge Insurance Services HELIENV-01
SEE PAGE 1
1 SEE PAGE 1ACORD 25Certificate of Liability Insurance
1 SEE P 1Helix Environmental Planning, Inc.7578 El Cajon Blvd., Suite 200La Mesa, CA 91942SEE PAGE 1 PERMI11
Description of Operations/Locations/Vehicles:30 Days Notice of Cancellation with 10 Days Notice for Non-Payment of Premium in accordance with the policy provisions.Professional Liability Retroactive Date 10/01/1991RE: Murrieta Creek TrailCity of Lake Elsinore is included as additional insured with respects to General Liability per attached.

Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633 CG 20 37 04 13 © Insurance Services Office, Inc., 2012 Page 1 of 1 POLICY NUMBER: G48973164 001

COMMERCIAL GENERAL LIABILITY
CG 20 37 04 13
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

ADDITIONAL INSURED – OWNERS, LESSEES OR CONTRACTORS – COMPLETED OPERATIONS ADDITIONAL INSURED – OWNERS, LESSEES OR
CONTRACTORS – COMPLETED OPERATIONS
This endorsement modifies insurance provided under the following:

COMMERCIAL GENERAL LIABILITY COVERAGE PART

PRODUCTS/COMPLETED OPERATIONS LIABILITY COVERAGE PART

SCHEDULE
Name Of Additional Insured Person(s)
Or Organization(s) Location And Description Of Completed Operations $VUHTXLUHGE\ZULWWHQFRQWUDFWSULRUWRDORVVWR
ZKLFKWKLVLQVXUDQFHDSSOLHV
$VUHTXLUHGE\ZULWWHQFRQWUDFWSULRUWRDORVVWR
ZKLFKWKLVLQVXUDQFHDSSOLHV
Information required to complete this Schedule, if not shown above, will be shown in the Declarations.

A. Section II – Who Is An Insured is amended to
include as an additional insured the person(s) or
organization(s) shown in the Schedule, but only
with respect to liability for "bodily injury" or
"property damage" caused, in whole or in part, by
"your work" at the location designated and
described in the Schedule of this endorsement
performed for that additional insured and
included in the "products-completed operations
hazard".

However:

1. The insurance afforded to such additional
insured only applies to the extent permitted
by law; and

2. If coverage provided to the additional insured
is required by a contract or agreement, the
insurance afforded to such additional insured
will not be broader than that which you are
required by the contract or agreement to provide
for such additional insured.

B. With respect to the insurance afforded to these
additional insureds, the following is added to
Section III – Limits Of Insurance:

If coverage provided to the additional insured is
required by a contract or agreement, the most we
will pay on behalf of the additional insured is the
amount of insurance:

1. Required by the contract or agreement; or

2. Available under the applicable Limits of
Insurance shown in the Declarations;
whichever is less.

This endorsement shall not increase the applicable
Limits of Insurance shown in the Declarations.

Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633 CG 20 10 04 13 © Insurance Services Office, Inc., 2012 Page 1 of 1 POLICY NUMBER: G48973164 001 COMMERCIAL GENERAL LIABILITY CG 20 10 04 13
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

ADDITIONAL INSURED – OWNERS, LESSEES OR CONTRACTORS – SCHEDULED PERSON OR ORGANIZATION ADDITIONAL INSURED – OWNERS, LESSEES OR
CONTRACTORS – SCHEDULED PERSON OR

ORGANIZATION
This endorsement modifies insurance provided under the following:

COMMERCIAL GENERAL LIABILITY COVERAGE PART

SCHEDULE
Name Of Additional Insured Person(s)
Or Organization(s) Location(s) Of Covered Operations
As required by written contract, prior to a loss to which this insurance applies
As required by written contract, prior to a loss to which this insurance applies
Information required to complete this Schedule, if not shown above, will be shown in the Declarations.

A. Section II – Who Is An Insured is amended to
include as an additional insured the person(s) or
organization(s) shown in the Schedule, but only
with respect to liability for "bodily injury", "property damage" or "personal and advertising injury"
caused, in whole or in part, by:

1. Your acts or omissions; or

2. The acts or omissions of those acting on your
behalf;
in the performance of your ongoing operations for
the additional insured(s) at the location(s)
designated above.

However:

1. The insurance afforded to such additional
insured only applies to the extent permitted by
law; and

2. If coverage provided to the additional insured is
required by a contract or agreement, the
insurance afforded to such additional insured
will not be broader than that which you are
required by the contract or agreement to
provide for such additional insured.

B. With respect to the insurance afforded to these
additional insureds, the following additional
exclusions apply:

This insurance does not apply to "bodily injury" or
"property damage" occurring after:

1. All work, including materials, parts or
equipment furnished in connection with such
work, on the project (other than service,
maintenance or repairs) to be performed by or
on behalf of the additional insured(s) at the
location of the covered operations has been
completed; or

2. That portion of "your work" out of which the
injury or damage arises has been put to its
intended use by any person or organization
other than another contractor or subcontractor
engaged in performing operations for a
principal as a part of the same project.

C. With respect to the insurance afforded to these
additional insureds, the following is added to
Section III – Limits Of Insurance:

If coverage provided to the additional insured is
required by a contract or agreement, the most we
will pay on behalf of the additional insured is the
amount of insurance:

1. Required by the contract or agreement; or

2. Available under the applicable Limits of
Insurance shown in the Declarations;
whichever is less.

This endorsement shall not increase the
applicable Limits of Insurance shown in the
Declarations.

Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633 6/17/2025 | 3:55 PM PDT

05/27/2025
CMR Risk & Insurance Services
License #0E59760
110 W A Street, Ste. 725
San Diego CA 92101
Elvira Sandoval
(619) 297-3160 (619) 297-3111
[email protected]
HELIX Environmental Planning, Inc.
7578 El Cajon blvd.

La Mesa CA 91942
CompWest Insurance Company 12177
2025-CA
A N Y CW WCP 100039189 04 04/01/2025 04/01/2026
1,000,000
1,000,000
1,000,000
RE: Murrieta Creek Trail.

Waiver of Subrogation is provided per the terms and conditions of form WC990313C.

City of Lake Elsinore Attn: City Manager
130 South Main Street
Lake Elsinore CA 92530

SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE

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

INSURER(S) AFFORDING COVERAGE
INSURER F :

INSURER E :

INSURER D :

INSURER C :

INSURER B :

INSURER A :

NAIC #
NAME:

CONTACT
(A/C, No):

FAX
E-MAIL
ADDRESS:

PRODUCER
(A/C, No, Ext):

PHONE

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

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

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

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

OTHER:
(Per accident)
(Ea accident)
$
$
N / A
SUBR
WVD
ADDL
INSD

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

CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. $
$
$
$PROPERTY DAMAGE
BODILY INJURY (Per accident)
BODILY INJURY (Per person)

COMBINED SINGLE LIMIT

AUTOS ONLY

AUTOSAUTOS ONLY

NON-OWNED

SCHEDULEDOWNED

ANY AUTO

AUTOMOBILE LIABILITY
Y / N

WORKERS COMPENSATION

AND EMPLOYERS' LIABILITY
OFFICER/MEMBER EXCLUDED?
(Mandatory in NH)
DESCRIPTION OF OPERATIONS below
If yes, describe under

ANY PROPRIETOR/PARTNER/EXECUTIVE
$
$
$
E.L. DISEASE - POLICY LIMIT
E.L. DISEASE - EA EMPLOYEE
E.L. EACH ACCIDENT
ER
OTH-

STATUTE
PER

LIMITS(MM/DD/YYYY)

POLICY EXP
(MM/DD/YYYY)

POLICY EFF

POLICY NUMBERTYPE OF INSURANCELTR
INSR
DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required)

EXCESS LIAB
UMBRELLA LIAB $EACH OCCURRENCE
$AGGREGATE
$
OCCUR

CLAIMS-MADE
DED RETENTION $
$PRODUCTS - COMP/OP AGG
$GENERAL AGGREGATE
$PERSONAL & ADV INJURY
$MED EXP (Any one person)
$EACH OCCURRENCE

DAMAGE TO RENTED
$PREMISES (Ea occurrence)

COMMERCIAL GENERAL LIABILITY

CLAIMS-MADE OCCUR
GEN'L AGGREGATE LIMIT APPLIES PER:

POLICY PRO-

JECT LOC

CERTIFICATE OF LIABILITY INSURANCE

DATE (MM/DD/YYYY)

CANCELLATION

AUTHORIZED REPRESENTATIVE
ACORD 25 (2016/03)
© 1988-2015 ACORD CORPORATION. All rights reserved.

CERTIFICATE HOLDER
The ACORD name and logo are registered marks of ACORD
HIRED

AUTOS ONLY
Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633 WORKERS COMPENSATION AND EMPLOYERS LIABILITY INSURANCE POLICY WC 99 03 13 C (Ed. 7-09)
This endorsement changes the policy to which it is attached and is effective on the date issued unless otherwise stated. (The information below is required only when this endorsement is issued subsequent to preparation of the policy.) Endorsement Effective 04/01/2025 Policy No. CW WCP 100039189 04 Endorsement No.

Insured HELIX ENVIRONMENTAL PLANNING, INC. Premium: $0
Insurance Company COMPWEST INSURANCE

COMPANY
Countersigned by __________________________________________ WC 99 03 13 C
(Ed. 7-09)
WAIVER OF OUR RIGHT TO RECOVER FROM OTHERS ENDORSEMENT – CALIFORNIA We have the right to recover our payments from anyone liable for an injury covered by this policy. We will not enforce our right against the person or organization named in the Schedule. (This agreement applies only to the extent that you perform work under a written contract that requires you to obtain this agreement from us.) You must maintain payroll records accurately segregating the remuneration of your employees while engaged in the work described in the Schedule.

The additional premium for this endorsement shall be $ 500.

Schedule
Person or Organization Description
Any person or organization for whom the Named Insured has agreed by written contract to furnish this waiver.

Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633

CITY OF LAKE ELSINORE

TO BE POSTED IN A CONSPICUOUS PLACE
Business Name:

Business Location:

Owner Name(s):

BUSINESS LICENSE NO.

Issue Date:

Description:

Expiration Date:

BUSINESS LICENSE
THIS IS YOUR LICENSE • NOT TRANSFERABLE
7578 EL CAJON BLVD Business Type:

LA MESA, CA 91942-4646

HELIX ENVIROMENTAL PLANNING
7578 EL CAJON BLVD
LA MESA, CA 91942-4646
This business license is issued for revenue purposes only and does not grant authorization to operate a business. This business license is issued without verification that the holder is subject to or exempted from licensing by the state, county, federal government, or any other governmental agency.

Administrative Services - Licensing
130 South Main Street, Lake Elsinore, CA 92530
PH (951) 674-3124

HELIX ENVIROMENTAL PLANNING

MICHAEL SCHWERIN

KRISTIN OLSZAK

CONSULTING SERVICES

ENVIROMENAL CONSULTING &

BIOLOGICAL SERVICES FIRM
021079
3/1/2025 2/28/2026
Starting January 1, 2021, Assembly Bill 1607 requires the prevention of gender -based discrimination of business establishments. A full notice is available in English or other languages by going to: https://www.dca.ca.gov/publications/ Docusign Envelope ID: A8B036EA-C16B-4B84-B1FD-DF760B6BC633 14)
Drainage Fee Credit Agreement with Tri Pointe Homes IE-SD, Inc. for the Storm Drain Improvements in Canyon Hills Estates
Approve and authorize the City Manager to execute a Storm Drain Credit Agreement with Tri Pointe Homes IE-SD, Inc. for the storm drain improvements project in Canyon Hills Estates, in such final form as approved by the City Attorney.

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Yu Tagai, City Engineer
Date:October 28, 2025
Subject:Drainage Fee Credit Agreement with Tri Pointe Homes IE-SD, Inc. for the Storm Drain Improvements in Canyon Hills Estates
Recommendation
Approve and authorize the City Manager to execute a Storm Drain Credit Agreement with Tri Pointe Homes IE-SD, Inc. for the storm drain improvements project in Canyon Hills Estates, in such final form as approved by the City Attorney.

Background
The City administers a Master Drainage Plan Fee, which Chapter 16.72 of the Lake Elsinore Municipal Code establishes a Drainage District Fee to be paid prior to the approval of any final subdivision map or parcel map subdividing property within any drainage district designated in the master plan of drainage, and establishes a mechanism for providing credits and reimbursements to a developer for constructing eligible capital improvements.

Tri Pointe Homes IE-SD, Inc. (Tri Pointe) has received approval from the City to develop Canyon Hills Estates (Tract 34249), a development that will design and construct 133 single-family residences located south of Canyon Hills Road and west of Cottonwood Canyon Road. As a condition for obtaining the entitlement, Tri Pointe is required to construct storm drain and street improvements.

Discussion
The City of Lake Elsinore and Tri Pointe desire to enter into a credit agreement for the project.

This agreement allows Tri Pointe to request credit or reimbursement for the eligible storm drain improvements as approved by the City Engineer. The eligible improvements include the construction of storm drain improvements that convey off-site drainage through the project’s site.

Tri Pointe’s drainage fee obligation for the project is $669,589.89.

Drainage Fee Credit Agreement

Fiscal Impact
There is no direct fiscal impact because the agreement provides for the actual construction of eligible public storm drain improvements instead of payment of fees. Tri Pointe’s Master Drainage Plan fee obligation is $669,589.89 and the agreement identifies a form of reimbursement or credit up to an amount not to exceed the project’s fee obligation.

Attachments
Attachment 1 - Agreement
Attachment 2 – Vicinity Map
Engineering

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DRAINAGE FEE CREDIT

DRAINAGE FEE CREDIT AGREEMENT
THIS DRAINAGE FEE CREDIT AGREEMENT (this “Agreement”), is entered into this ____ day of _____________, 2025, by and between the CITY OF LAKE ELSINORE, a municipal corporation, hereinafter referred to as the “City,” and TRI POINTE HOMES IE-SD, Inc., a California corporation, hereinafter referred to as the “Developer.”

RECITALS
A. Developer is the owner of property located within the City, which property has received development entitlements approvals from the City in connection with Planning Application No. 2021-43, including Tentative Tract Map No. 34249, Revision No. 1, and Residential Design Review No. 2022-06 (the “Entitlements”). The Entitlements contemplate the construction of certain improvements more particularly described therein, located on an approximately 81.32-acre site within the Canyon Hills Estates Specific Plan located south of Canyon Hills Road and west of Cottonwood Canyon Road (APNs: 365-230-005, 365-230-006, 365-230-009, 365-230-011, and 365-230-012) (collectively, the “Development”). A legal description of such property is attached as Exhibit “A” (the “Property”). A map of the Property is attached as Exhibit “B”.

B. Chapter 16.72 of the Lake Elsinore Municipal Code establishes a Drainage District Fee to be paid prior to the approval of any final subdivision map or parcel map subdividing property within any drainage district designated in the master plan of drainage (the “Drainage Fees”), and establishes a mechanism for providing credits and reimbursement to Developer for constructing eligible capital improvements.

C. As a condition of the Entitlements, the Developer is required to construct certain new storm drain facilities collecting and conveying off-site flows through the property as provided in Condition of Approval No. 95, one of which is described in Exhibit “C” hereto (the “Improvement”). The design of the Improvement has or will be submitted directly to the City and the estimated cost of the Improvement is also set forth on Exhibit “C.” D. The Developer has requested that City enter into this Agreement by the terms of which it can be reimbursed from and/or receive credit against the Drainage Fees that the City has collected or will collect in the future in an amount not to exceed the amount determined pursuant to Section 5 below (the “Credit Amount”).

AGREEMENT
NOW, THEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged, and the mutual promises contained herein, it is agreed as follows:

Section 1. Purpose of the Agreement. Following execution of this Agreement, the Developer shall cause the Improvement to be designed, engineered, permitted and constructed and the City shall issue to Developer a credit against Drainage Fees (the “Drainage Fee Credit”) equal to the Credit Amount, as determined pursuant to Section 5 below.

Section 2. Preparation and Approval of Plans and Specifications. The Developer has or shall cause plans and specification (the “Plans”) to be prepared for the Improvement and obtain all of the permits (“Permits”) required for construction of the Improvement. The Developer shall

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provide a copy of the Plans to the City Engineer and shall obtain the written approval of the Plans from City.

Section 3. Duty of Developer to Construct. The Developer shall construct or cause the Improvement to be constructed in accordance with the approved Plans and the specifications approved by the City Engineer. The Developer shall perform all of its obligations hereunder and shall conduct all operations with respect to the construction of the Improvement in a good, workmanlike and commercially reasonable manner, with the standard of diligence and care normally employed by duly qualified persons utilizing commercially reasonable efforts in the performance of comparable work and in accordance with generally accepted practices appropriate to the activities undertaken. The Developer shall not be relieved of its obligation to construct the Improvement and cause title to the Improvement to be conveyed to the City even if the Credit Amount is less than the actual cost of the Improvement. Notwithstanding the foregoing, nothing set forth in this Agreement shall be construed to require the Developer to perform any work requiring a contractor’s license, nor shall the Developer be deemed to be performing construction services pursuant to this Agreement.

Section 4. Acquisition of City Facilities. The Developer hereby agrees to convey to the City and the City hereby agrees to accept the Improvement and to credit Developer the Credit Amount for the Improvement, subject to the terms and conditions hereof.

The Credit Amount is to be applied solely to satisfy Drainage Fees applicable to the Development. Nothing in this Agreement shall preclude the financing of the acquisition of the Improvement with the proceeds of bonds of a community facilities district established by the City with respect to the Development and any Drainage Fee credit granted pursuant to this Agreement shall be irrespective of such financing.

Section 5. Determination of the Credit Amount.
(a) The Developer acknowledges that as of the date of this Agreement the Drainage Fee for the Development is $669,589.89. This obligation is currently less than or equal to the estimated cost of the Improvement set forth in Exhibit “C”: the combined engineer’s estimated costs is $_______________________. The Developer further acknowledges that this Agreement does not serve to estop the City from making further adjustments to the Drainage Fee, consistent with Chapter 16.72 and State law, and the Developer acknowledges that the City Council may consider adjustments to the Drainage Fee. The parties agree that the dollar amount of any Drainage Fee Credit to be earned by the Developer pursuant to this Agreement will not exceed the actual cost of the Improvement.
(b) Upon recordation of a Notice of Completion for the Improvement and acceptance of the Improvement by the City Engineer, the Developer shall submit a billing to the City Engineer requesting determination of the actual cost of the Improvement and the Credit Amount (“Payment Request”). The “Credit Amount” shall equal the actual cost incurred by the Developer in designing, engineering, permitting and constructing the Improvement. The Developer shall supply all documentation requested by the City Engineer in determining the actual cost of the Improvement. The City Engineer shall use commercially reasonable efforts to determine the Credit Amount within thirty (30) calendar days of receipt of the documentation submitted by the Developer.
(c) The City Engineer will provide the Developer written notice (the “Credit Notice“) of the Credit Amount. If the Credit Amount exceeds the dollar amount of the Drainage Fees that would otherwise be due from the Developer for the Development (the “Fee Credit Excess”), the

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City Engineer will identify in the Notice that the Fee Credit Excess will generate either: (i) a cash reimbursement to the Developer if Developer has paid Drainage Fees as provided in subsection (e) below or (ii) an earned Drainage Fee Credit to offset the Drainage Fees required on another approved tract or parcel map to be developed by the Developer. Once completed, the Credit Notice is to be executed and dated by the City Engineer and the Developer. (d) If the Credit Amount is less than the Drainage Fees that would be due from the Developer, the Credit Notice will so note the amount of the Drainage Fee Credit to be applied with each Drainage Fee payment on either a per unit or per acre basis will be identified. (e) If one or more building permits are issued by City to Developer during a period in which Developer does not have any available Drainage Fee Credit (i.e., prior to the issuance of the Credit Notice), then the Developer shall pay the full Drainage Fee for each permit issued, and upon acceptance of Improvement by the City Engineer, the City Engineer will note on the Credit Notice the full Drainage Fee paid to date of acceptance, make the appropriate adjustment for the application of the earned Drainage Fee Credit consistent with subsection (d) above and the City shall reimburse the Developer all previously-paid Drainage Fees up to the Credit Amount.

Section 6. Construction Requirements.
(a) The Developer shall require, and the specifications and contract documents shall require all contractors, subcontractors, vendors, equipment operators and owner operators, in each such case to the extent such individuals or entities are engaged to perform work on the Improvement, to pay at least general prevailing wage rates to all workers employed in the execution of the contract, to post a copy of the general prevailing wage rates at the job -site in a conspicuous place available to all employees and applicants for employment, and to otherwise comply with applicable provisions of the California Labor Code, the California Government Code and the California Public Contracts Code relating to general prevailing wage rates as required by the specifications approved by the City Engineer.
(b) The Developer shall require each contractor, subcontractor, vendor, equipment operator and owner operator, in each such case to the extent such individual or entity is engaged to perform work on the Improvement, to provide proof of insurance coverage satisfying the requirements of Section 11 hereof throughout the term of the construction of the Improvement.

Rather than requiring its contractors to provide such insurance, the Developer may elect to provide the same for the benefit of its contractors.
(c) The Developer shall comply, and shall cause each contractor, subcontractor, vendor, equipment operator and owner operator, in each such case to the extent such individual or entity is engaged to perform work on the Improvement, to comply with such other requirements relating to the construction of the Improvement as the City may impose by written notification delivered to the Developer, to the extent legally required as a result of changes in applicable federal, state or City laws, rules or procedures.
(d) The Developer shall require, and the specifications and bid and contract documents shall require, all contractors, subcontractors, vendors, equipment operators and owner operators, in each such case to the extent such individuals or entities are engaged to perform work on the Improvement, to submit certified weekly payroll records to the City Engineer promptly upon request.

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The Developer shall provide proof to the City Engineer, at such intervals and in such form as the City Engineer may require, that the foregoing requirements have been satisfied as to the Improvement.

Section 7. Licenses and Permits. The Developer shall have secured (or shall have caused to be secured) any and all permits which may be required by the City or any other governmental agency affected by the construction of the Improvement. The Developer shall be responsible for paying all applicable fees and charges to the City to obtain any land use entitlements and permits that are necessary to construct the Improvement.

Section 8. Change Orders. If during the course of construction of the Improvement, the Developer is presented with a change order or set of change orders that would increase the construction cost by more than 15%, then the Developer must receive the approval of the City Engineer before approving the change order(s). Failure to comply with this provision will result in the City not including the amount of the change order in the determination of the Credit Amount.

Section 9. Inspection; Completion of Construction. The City Engineer shall be responsible for inspecting the work of construction of the Improvement to ensure that the work of construction is accomplished in accordance with the Plans approved by the City Engineer. City personnel shall have access to the construction work site at all reasonable times for the purpose of accomplishing such inspection.

No later than ten business days after receiving notification from the City that the Improvement has been constructed in accordance with the Plans, the Developer shall forthwith file with the Lake Elsinore City Clerk a Notice of Completion pursuant to the provisions of Section 3093 of the California Civil Code.

Section 10. Maintenance of Facilities; Warranties. The Developer shall maintain the Improvement in good and safe condition until its acceptance by the City. Prior to the acceptance of the Improvement, the Developer shall be responsible for maintaining the Improvement in proper operating condition and shall perform such maintenance as the City Engineer reasonably determines to be necessary. As of the date of acceptance of the Improvement, the Developer shall assign to the City all of the Developer’s rights in any warranties, guarantees, maintenance obligations or other evidence of contingent obligations of third persons with respect to the Improvement.

Section 11. Insurance Requirements. Without limiting or diminishing the Developer’s obligation to indemnify or hold the City harmless, the Developer shall procure and maintain or cause to be maintained, at its sole cost and expense, the following insurance coverages during the term of this Agreement.
(a) Commercial General Liability: Developer shall maintain commercial general liability insurance coverage, including but not limited to, premises liability, contractual liability, products and completed operations, explosion, collages, use of cranes, and other heavy equipment and underground hazards, personal and advertising injury covering claims which may arise from or out of Developer’s performance of its obligations hereunder (“Policy”). The Policy shall name by endorsement the City and its special districts, respective directors, officers, Board of Supervisors, elected officials, employees, agents or representatives as Additional Insureds.

The Policy’s limit of liability shall not be less than $1,000,000 per occurrence combined single limit. If such insurance Policy contains a general aggregate limit, it shall apply separately to this Agreement or be no less than two (2) times the occurrence limit.

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(b) Vehicle Liability: Developer shall maintain liability insurance for all owned, non -owned or hired vehicles in an amount not less than $1,000,000 per occurrence combined single limit. If such insurance contains a general aggregate limit, it shall apply separately to this Agreement or be no less than two (2) times the occurrence limit. Policy shall name by endorsement the City, its special districts, their respective directors, officers, Board of Supervisors, elected officials, employees, agents or representatives as Additional Insureds. (c) Worker’s Compensation Insurance: Developer shall maintain Workers’ Compensation Insurance (Coverage A) as prescribed by the laws of the State of California.

Section 12. Ownership of Facilities. Notwithstanding the fact that a portion or all of the Improvement may be constructed in dedicated rights-of-way or on property that has been or will be dedicated to the City, the Improvement shall be and remain the property of the Developer until acceptable title thereto is conveyed to the City as provided herein. Such ownership by the Developer shall likewise not be affected by any agreement that the Developer may have entered into or may enter into with the City pursuant to the provisions of the Subdivision Map Act, Section 66410 et seq. of the Code, and the provisions of this Section shall control.

Section 13. Representations, Warranties and Covenants of the Developer. The Developer makes the following representations, warranties and covenants for the benefit of the City, as of the date hereof and as of the date of the Payment Request is delivered to the City hereunder:
(a) Organization. The Developer represents and warrants that the Developer is a California corporation duly organized and validly existing under the laws of the State of California, is in good standing under the laws of the State, and has the power and authority to own its properties and assets and to carry on its business as now being conducted and as now contemplated.
(b) Authority. The Developer represents and warrants that the Developer has the power and authority to enter into this Agreement, and has taken all action necessary to cause this Agreement to be executed and delivered, and this Agreement has been duly and validly executed and delivered on behalf of the Developer.
(c) Binding Obligation. The Developer represents and warrants that this Agreement is a valid and binding obligation of the Developer and is enforceable against the Developer in accordance with its terms, subject to bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors’ rights in general and by general equity principles. (d) Completion of Improvement. The Developer covenants that it will use its reasonable and diligent efforts to do all things that may be lawfully required of it in order to cause the Improvement to be completed in accordance with this Agreement. (e) Compliance with Laws. The Developer covenants that, while the Improvement is owned by the Developer or required pursuant to this Agreement to be maintained by the Developer, it will not commit, suffer or permit any of its agents, employees or contractors to commit any act to be done in, upon or to the Improvement in violation in any material respect of any law, ordinance, rule, regulation or order of any governmental authority or any covenant, condition or restriction now or hereafter affecting the Property or the Improvement. (f) Payment Request. The Developer represents and warrants that it will diligently follow all procedures set forth in this Agreement with respect to the Payment Request.

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(g) Financial Records. Until the final acceptance of the Improvement, the Developer covenants to maintain proper books of record and account for the Improvement and all costs related thereto. The Developer covenants that such accounting books will be maintained in accordance with generally accepted accounting principles and will be available for inspection by the City and the City Engineer, at any reasonable time during regular business hours on two business days’ prior written notice, subject to mutually acceptable arrangements regarding the confidentiality of proprietary data.
(h) Permits. The Developer covenants that it will obtain all governmental or other permits required to proceed with the construction of the Improvement and that it will pay all fees relating thereto. The Developer and the City mutually represent and warrant to each other that to their actual knowledge, as of the date hereof, there is no material legal impediment to the Developer’s proceeding with and completing the construction of the Improvement or to the development of the Property as contemplated by the Developer. (i) Environmental Matters. The Developer represents and warrants that it has complied with, has caused compliance with, or will cause compliance with, the California Environmental Quality Act (“CEQA”) as required for the construction of the Improvement and its conveyance to the City.

Section 14. Representations, Warranties and Covenants of City. City makes the following representations, warranties and covenants for the benefit of the Developer:
(a) Authority. City represents and warrants that City has the power and authority to enter into this Agreement and has taken all action necessary to cause this Agreement to be executed and delivered, and this Agreement has been duly and validly executed and delivered on behalf of the City.
(b) Binding Obligation. City represents and warrants that this Agreement is a valid and binding obligation of City and is enforceable against City in accordance with its terms, subject to bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors’ rights in general and by general equity principles. (c) Completion of the Improvement. The City covenants that it will use its reasonable and diligent efforts to expeditiously take all actions that may be lawfully required of it in issuing permits, processing and approving plans and specifications and inspecting the Improvement in accordance with this Agreement.
(d) Payment Request. City represents and warrants that it will diligently follow all procedures set forth in this Agreement with respect to the Payment Request and determination of the Credit Amount and application of the Drainage Fee Credit.

Section 15. Indemnification. The Developer agrees to protect, indemnify, defend and hold the City, and its respective officers, employees and agents, and each of them, harmless from and against any and all claims, losses, expenses, suits, actions, decrees, judgments, awards, attorney’s fees, and court costs which the City, or its respective officers, employees and agents, or any combination thereof, may suffer or which may be sought against or recovered or obtained from the City, or its respective officers, employees or agents, or any combination thereof, as a result of or by reason of or arising out of or in consequence of:
(a) the acquisition, construction, or installation of the Improvement;

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(b) the untruth or inaccuracy of any representation or warranty made by the Developer in this Agreement or in any certifications delivered by the Developer hereunder; or (c) any act or omission of the Developer or any of its subcontractors, or their respective officers, employees or agents, in connection with the Improvement. If the Developer fails to do so, the City shall have the right, but not the obligation, to defend the same and charge all of the direct or incidental costs of such defense, including any attorneys’ fees or court costs, to and recover the same from the Developer. The parties acknowledge and agree that the Developer shall be released from the indemnity obligation set forth herein upon the acceptance of the Improvement by the City.

Section 16. Developer as a Private Developer. In performing under this Agreement, it is mutually understood that the Developer is acting as a private developer, and not as an agent of the City. The City shall have no responsibility for payment to any contractor, subcontractor or supplier of the Developer. Accordingly, this Agreement does not constitute a debt or liability of the City. Other than as provided in Section 5, the City shall not be obligated to advance any of its own funds or any other costs incurred in connection with the Improvement. No member, official or employee of the City shall be personally liable to the Developer, or any successor in interest, in the event of any default or breach by the City or for any amount which may become due to the Developer or its successors, or on any obligations under the terms of this Agreement.

Section 17. Other Agreements. Nothing contained herein shall be construed as affecting the City’s or the Developer’s respective duty to perform its respective obligations under other agreements, land use regulations or subdivision requirements relating to the development of the Property, which obligations are and shall remain independent of the Developer’s rights and obligations, and the City’s rights and obligations, under this Agreement; provided, however, that the Developer shall use its reasonable and diligent efforts to perform each and every covenant to be performed by it under any lien or encumbrance, instrument, declaration, covenant, condition, restriction, license, order, or other agreement, the nonperformance of which could reasonably be expected to materially and adversely affect the design, acquisition, construction and installation of the Improvement.

Section 18. Binding on Successors and Assigns. Neither this Agreement nor the duties and obligations of the Developer hereunder may be assigned to any person or legal entity other than an affiliate of the Developer without the written consent of the City, which consent shall not be unreasonably withheld or delayed. Neither this Agreement nor the duties and obligations of the City hereunder may be assigned to any person or legal entity, without the written consent of the Developer, which consent shall not be unreasonably withheld or delayed. The agreements and covenants included herein shall be binding on and inure to the benefit of any partners, permitted assigns, and successors -in- interest of the parties hereto.

Section 19. Amendments. This Agreement can only be amended by an instrument in writing executed and delivered by the City and the Developer.

Section 20. Waivers. No waiver of, or consent with respect to, any provision of this Agreement by a party hereto shall in any event be effective unless the same shall be in writing and signed by such party, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which it was given.

Section 21. No Third Party Beneficiaries. No person or entity, other than the City, shall be deemed to be a third party beneficiary hereof, and nothing in this Agreement (either express or implied) is intended to confer upon any person or entity, other than the City and the Developer

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(and their respective successors and assigns), any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Section 22. Notices. Any written notice, statement, demand, consent approval, authorization, offer, designation, request or other communication to be given hereunder shall be given to the party entitled thereto at its address set forth below, or at such other address as such party may provide to the other party in writing from time to time, namely:

City: City of Lake Elsinore
Attn: City Manager
130 South Main Street
Lake Elsinore, CA 92530
Developer: Tri Pointe Homes IE-SD, Inc.

Attn: Denise Williams
1250 Corona Pointe Court, Suite 600
Corona, CA 92879
Each such notice, statement, demand, consent, approval, authorization, offer, designation, request or other communication hereunder shall be deemed delivered to the party to whom it is addressed (a) if personally served or delivered, upon delivery, (b) if given by electronic communication, whether by telex, telegram or telecopy, upon the sender’s receipt of an appropriate answerback or other written acknowledgment, (c) if given by registered or certified mail, return receipt requested, deposited with the United States mail postage prepaid, 72 hours after such notice is deposited with the United States mail, (d) if given by overnight courier, with courier charges prepaid, 24 hours after delivery to said overnight courier, or (e) if given by any other means, upon delivery at the address specified in this Section.

Section 23. Jurisdiction and Venue. City and the Developer (a) agrees that any suit action or other legal proceeding arising out of or relating to this Agreement shall be brought in state or local court in the County of Riverside or in the Courts of the United States of America in the district in which the City is located, (b) consents to the jurisdiction of each such court in any suit, action or proceeding, and (c) waives any objection that it may have to the laying of venue or any suit, action or proceeding in any of such courts and any claim that any such suit, action or proceeding has been brought in an inconvenient forum. Each of the City and the Developer agrees that a final and non - appealable judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law.

Section 24. Attorneys’ Fees. If any action is instituted to interpret or enforce any of the provisions of this Agreement, the prevailing party in such action shall be entitled to recover from the other party thereto reasonable attorney’s fees and costs of such suit (including both prejudgment and post judgment fees and costs) as determined by the court as part of the judgment.

Section 25. Governing Law. This Agreement and any dispute arising hereunder shall be governed by and interpreted in accordance with the laws of the State of California.

Section 26. Usage of Words. As used herein, the singular of any word includes the plural, and terms in the masculine gender shall include the feminine.

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Section 27. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original.
[Signatures On Next Page]

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IN WITNESS WHEREOF, the parties have executed this Agreement as of the respective dates set forth below.
“CITY”
CITY OF LAKE ELSINORE, a municipal
corporation
Date: _______________________, 2025 By:_______________________________ Jason Simpson, City Manager
ATTEST:

CITY CLERK
__________________________________
Candice Alvarez, City Clerk
APPROVED AS TO FORM:

LEIBOLD McCLENDON & MANN, P.C.
__________________________________
David Mann, Acting City Attorney
“DEVELOPER”
TRI POINTE HOMES IE-SD, INC., a
California corporation
Date: _______________________, 2025 By:________________________________ Name:____________________________
Its:_______________________________

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#223868 v2 4000.2 A-1
EXHIBIT “A”

LEGAL DESCRIPTION
[See Attached]
#223868 v2 4000.2 A-1
#223868 v2 4000.2 B-1
EXHIBIT `B”
MAP
[See Attached]
#223868 v2 4000.2 C-1
EXHIBIT “C”

IMPROVEMENT
Line A commencing at northern boundary of the Development with approximately 443 linear feet of 48” RCP running southerly along a proposed detention basin near Lot A into Zenith Drive, then transitioning to approximately 685 linear feet of 36” RCP within Calm Ridge Drive and Symphony Street, then transitioning to approximately 221 linear feet of 24” RCP then 287 linear feet of 18” RCP within Symphony Drive until terminating at a collection point south of the Development. A total of approximately 1,637 linear feet of reinforced concrete pipe and associated manholes, outlet and inlet structures.

Estimated Construction Cost: $768,078.00
#223868 v2 4000.2 C-1
#223868 v2 4000.2 C-2

VICINITY MAP
15)
Agreement with Cotter Construction, Inc. for the Summerhill Drive Median Street Improvement Plan (CIP Project No. Z10067)
Approve and authorize the City Manager to execute a Public Works Construction Agreement with Cotter Construction, Inc. for $199,825.40 for the Summerhill Drive Median Street Improvement Plan in such final form as approved by the City Attorney, authorize the City Manager to execute change orders not to exceed a 10% contingency of $19,982.00, and authorize the City Clerk to record the Notice of Completion once it is determined the work is complete and the improvements are accepted.

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:October 28, 2025
Subject:Agreement with Cotter Construction, Inc. for the Summerhill Drive Median Street Improvement Plan (CIP Project No. Z10067)
Recommendation
Approve and authorize the City Manager to execute a Public Works Construction Agreement with Cotter Construction, Inc. for $199,825.40 for the Summerhill Drive Median Street Improvement Plan in such final form as approved by the City Attorney, authorize the City Manager to execute change orders not to exceed a 10% contingency of $19,982.00, and authorize the City Clerk to record the Notice of Completion once it is determined the work is complete and the improvements are accepted.

Background
City staff have identified ongoing traffic congestion along Summerhill Drive, mainly caused by the high number of vehicles queuing at the In-N-Out restaurant drive-thru. This congestion blocks access to nearby businesses, including KFC, and causes vehicle backups that extend to Canyon Estates Drive. The current median setup creates unsafe conditions and inefficient traffic flow.

Discussion
The Summerhill Drive Median Improvement Project aims to:
Redesign the current median to improve traffic flow and safety. Reduce the drive-thru queue from In-N-Out that blocks KFC access. Improve access to nearby businesses.
Reduce vehicle backups on Summerhill Drive and Canyon Estates Drive.

PW Construction Agreement with Cotter Construction

City staff received 3 proposals for the Summerhill Drive Median Street Improvement Plan. The amounts of each proposal are listed below:

Name of Company Amount
Cotter Construction, Inc. $199,825.40
Aneen Construction, Inc. $285,500.00
J&M Leyva Enterprises, Inc. $440,269.61
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 low bid is within the informal bid limit of $200,000. The low bidder has also met the City’s street improvement requirements.

Fiscal Impact
Funds are available in the City’s Capital Improvement Budget for Fiscal Year 2025-26.

Attachments
Attachment 1 - Agreement
Exhibit A - Proposal
Exhibit B - Site Map
Public Works
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Agreement No. __________

AGREEMENT FOR PUBLIC WORKS CONSTRUCTION
Cotter Construction, Inc.

For the
Summerhill Drive Median
Street Improvement Plan
CIP PROJECT NO. Z10067
This Agreement for Public Works Construction (“Agreement”) is made and entered into as of October 28, 2025 by and between the City of Lake Elsinore, a municipal corporation (“City”) and Cotter Construction, 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:

Summerhill Drive Median Street Improvement Plan (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 One Hundred Ninety-Nine Thousand Eight Hundred Twenty-Five dollars and forty cents ($199,825.40). 2 3
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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 60 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 $1,000Click or tap here to enter text. 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. 2 3
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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
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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.
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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 5 3
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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: Cotter Construction, Inc.

Attn: Andrew Cotter
29903 Gulf Stream Dr.

Canyon Lake, CA 92587

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 3
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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. 7 3
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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]
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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”
Cotter Construction, Inc. a Licensed General
Contractor
City Manager
ATTEST:

By: Andrew Cotter
Its: Owner
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
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EXHIBIT A
CONTRACTOR’S PROPOSAL
[ATTACHED]

EXHIBIT B

LIST OF SUBCONTRACTORS
[ATTACHED]

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: October 28, 2025

Subject: Purchase Order with Cochrane USA, Inc. for a ClearVu Invisible Wall Fencing System at Launch Pointe (CIP Project No. Z20005)

Recommendation

Approve and authorize the City Manager to execute a Purchase Order with Cochrane USA, Inc. in the amount not to exceed $129,709.33 in such final form as approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency of $12,970.00 for unanticipated costs.

Background

Launch Pointe Recreation Destination & RV Park has a storage yard that holds essential equipment and infrastructure. To improve security and protect these assets, staff has determined that a high-performance perimeter fencing solution is needed.

Discussion

The proposed fencing system includes 634 linear feet of ClearVu shutter/invisible wall fencing, a Category IV perimeter fence designed for critical infrastructure protection that provides controlled visibility and enhanced security features. It is 10 feet tall and separates the storage yard from the neighboring property.

This fencing system is designed to offer maximum security while maintaining aesthetics and visibility suitable for a public-facing facility. Its installation will significantly improve protection for equipment stored at Launch Pointe.

ClearVu Invisible Wall Fencing Purchase

Cochrane USA, Inc. is listed under Sole Source Reference SS/05/COLE/16-09-2025, confirming its status as the sole source provider for this fencing system. Cochrane USA is the exclusive manufacturer and distributor of the ClearVu system.

Waiver of Competitive Bidding Procedures

Under Section 3.08.070(C) of the Municipal Code, the City Council can waive the competitive bidding procedures usually used for these general provisions, in addition to the benefits outlined above. These benefits were negotiated to provide favorable pricing and comprehensive services.

Therefore, staff recommends that the City Council waive further competitive bidding and authorize the City Manager to execute a Purchase Order with Cochrane USA, Inc. as outlined in this agenda report and in compliance with Municipal Code Section 3.08.070(C).

Fiscal Impact

Funds are available in the City’s Capital Improvement Budgets for FY25-26.

Attachments

Attachment 1 - Quote
Attachment 2 - Sole Source Letter
Public Works

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: October 28, 2025

Subject: Construction Agreement with Veirs Kluk Roofing, Inc. for Roofing Services at the Cultural Center, Chamber of Commerce, and Tank House Buildings (CIP Project No. Z20005)

Recommendation

Approve and authorize the City Manager to execute a Construction Agreement with Veirs Kluk Roofing, Inc. for roofing services at the Cultural Center, the Chamber of Commerce building, and the Tank House for $130,250.00 in such final form as approved by the City Attorney , authorize the City Manager to execute change orders not to exceed a 10% contingency of $13,025.00, and authorize the City Clerk to record the Notice of Completion once it is determined the work is complete and the improvements are accepted.

Background

The Cultural Center, Chamber of Commerce, and Tank House buildings have experienced roof deterioration because of age and weather exposure. To maintain the integrity of these historic buildings and prevent additional damage, the staff has determined that roofing improvements are needed.

Roofing Services with Veirs Kluk Roofing

Discussion

The proposed scope of work includes:

Cultural Center Building Roof Re-Seal $43,650

Install a new commercial-grade tropical coating system to reseal the existing roof. This system is designed to protect and preserve the roof surface, extend its service life, and improve weather resistance.

Chamber of Commerce and Tank House Roof Tiles Replacement $86,600

The Chamber of Commerce and Tank House buildings are also owned by the City. Installation of Quarrix roof tiles will be used to replace the aging and previously leaking roofs. These tiles are made from high- density polyethylene, offering a low -maintenance, lightweight, and durable solution. Engineered for extreme weather resistance, they come with a 50-year warranty ensuring long-term performance. Additionally, the tiles are energy -efficient, reflecting sunlight to help reduce cooling costs during warmer months.

City staff received 3 proposals for Roofing Services at the Cultural Center, Chamber of Commerce, and Tank House buildings. The amounts of each proposal are listed below:

Name of Company Amount
Veirs Kluk Roofing, Inc. $130,250.00
Ranger Roofing and Solar $152,960.00
CalCom Roofing, Inc. $223,540.00

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 low bid is within the informal bid limit of $200,000. The low bidder has also met the City’s roofing requirements.

Fiscal Impact

Funds are available in the City’s Fiscal Year 25- 26 Capital Improvement Plan (CIP Project No.

Z20005).

Roofing Services with Veirs Kluk Roofing

Attachments

Attachment 1 - Agreement
Exhibit A - Chamber of Commerce & Tank House Quote
Exhibit B - Cultural Center Quote
Public Works

1 Agreement No. __________

AGREEMENT FOR PUBLIC WORKS CONSTRUCTION

Veirs Kluk Roofing, Inc.

For the

Roofing Services at
Cultural Center, Chamber
of Commerce, and Tank
House

CIP PROJECT NO. Z20005

This Agreement for Public Works Construction (“Agreement”) is made and entered into as of October 28, 2025 by and between the City of Lake Elsinore, a municipal corporation (“City”) and Veirs Kluk Roofing, 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:

Roofing Services at Cultural Center, Chamber of Commerce, and Tank House(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 One Hundred Thirty Thousand Two Hundred Fifty Dollars ($130,250.00).

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 60 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 $1,000Click or tap here to enter text. 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: Veirs Kluk Roofing, Inc.

Attn: Thomas Hayward
3371 Chicago Ave.

Riverside, CA 92507

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”
Veirs Kluk Roofing, Inc. a corporation

City Manager

ATTEST:

By: Thomas Hayward
Its: Operations

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]

18)
Minutes of the Regular Successor Agency Meeting of October 14, 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:October 28, 2025
Subject:Minutes of the Regular Successor Agency Meeting of October 14, 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
Jason Simpson, City Manager
Meeting Date:

October 14, 2025

Closed Session: NONE
Public Session: 7:00 PM

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

CALL TO ORDER - 7:00 P.M.

The Regular Meetings of the City Council and the Successor Agency were called to order at 7:00 p.m.

PLEDGE OF ALLEGIANCE

Mayor Tisdale led the Pledge of Allegiance.

ROLL CALL

Present: 4 - Council/Agency Members Manos and Sheridan; Mayor Pro Tem /Vice Chair Magee; and Mayor/Chair Tisdale

Absent: 0 - None

PRESENTATIONS/CEREMONIALS

1) Riverside County Sheriff's Office 2025 Third Quarter Statistical Update

Lieutenant Clark presented the update.

2) 2025 Helen Putnam Award

Recognition of the City’s Receipt of the 2025 Helen Putnam Award for Excellence in Planning & Environmental Quality for the City’s Lake Management Plan

Jesse Ramirez, Cal Cities Riverside County Division Manager, presented the Award to Mayor Tisdale, City Manager Simpson, Assistant Director of Lake & Community Operations Gufarotti, and Management Analyst MacLean.

City Council Minutes - Draft October 14, 2025

City of Lake Elsinore Page 2

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 1 MINUTE

There were no speakers.

CITY COUNCIL CONSENT CALENDAR

A motion was made by Council Member Manos, seconded by Council Member Sheridan to approve the City Council Consent Calendar with Agenda Item No. 9 being removed from the agenda. The motion carried by the following vote:

Aye: 4 Council Members Manos and Sheridan; Mayor Pro Tem Magee; and Mayor Tisdale
Nay: 0 None

3) Minutes of the Regular City Council Meeting of September 23, 2025

Approve the Minutes.

This item was approved on the City Council Consent Calendar.

4) CC Warrant Report Dated September 15, 2025 to September 21, 2025

Receive and file.

This item was approved on the City Council Consent Calendar.

5) CC Warrant Report Dated September 22, 2025 to September 28, 2025

Receive and file.

This item was approved on the City Council Consent Calendar.

6) CC Warrant Report Dated September 29, 2025 to October 05, 2025

Receive and file.

This item was approved on the City Council Consent Calendar.

7) Annexation No. 27 Into Community Facilities District No. 2015 -2 (Maintenance Services) for APN No. 377-200-045 (Ortega Bess)

Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, DECLARING ITS INTENTION TO ANNEX TERRITORY INTO COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (MAINTENANCE SERVICES) OF

THE CITY OF LAKE ELSINORE, ADOPTING A MAP OF THE AREA TO BE PROPOSED (ANNEXATION NO. 27) AND AUTHORIZING THE LEVY OF SPECIAL TAXES THEREIN.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft October 14, 2025

City of Lake Elsinore Page 3

8) Approval of Community Development Block Grant (CDBG) Supplemental Agreement 2025-2026 Program Year

Approve and authorize the Mayor to execute the Supplemental Agreement between the County of Riverside and the City of Lake Elsinore for the use of 2025- 2026 Community Development Grant Funds.

This item was approved on the City Council Consent Calendar.

9) Agreement with Caliba, Inc. for the Bid Set ‘A’ Concrete, Framing, Roofing, Exterior Doors, Windows, and Cement Plaster/Brick, Bid Set ‘A’, on the City Library Project (CIP Project No. Z20003)

Approve and authorize the City Manager to execute a Public Works Construction Agreement with Caliba, Inc. in an amount not to exceed $4,831,134.59 for concrete, framing, roofing, exterior doors, widows, and cement plaster/brick, Bid Set ‘A’, on the new City Library Project in such final form as approved by the City Attorney, authorize the City Manager to execute change orders not to exceed a 10% contingency amount of $483,113.00, and authorize the City Clerk to record the Notice of Completion once work is completed.

This item was removed from the Agenda.

10) Agreement with Edmondson Construction Co. for the Site Grading of the Senior Housing Project (CIP Project No. Z20026)

Approve and authorize the City Manager to execute a Public Works Agreement with Edmondson Construction Co., in an amount not to exceed $119,500.00, for the site grading of the Senior Housing Project (CIP Project No. Z20026) in such final form as approved by the City Attorney, authorize the City Manager to execute change orders not exceeding a $11,950.00 contingency for construction uncertainties and adjustments, and authorize the City Clerk to record the Notice of Completion once it is determined the work is complete.

This item was approved on the City Council Consent Calendar.

11) Change Order No. 1 to Public Works’ Construction Agreement for GMS Elevator Services for the Purchase and Construction of the Elevator for the City Hall (Project Number Z20006)

Approve and authorize the City Manager to execute Change Order No.1 to the agreement with GMS Elevator Services in an amount not to exceed $75,000.00 for the purchase and construction of the elevator for the New City Hall Project (CIP No.

Z20006) in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft October 14, 2025

City of Lake Elsinore Page 4

12) Amendment No. 1 to the Professional Services Agreement with STK Architecture, Inc. for Additional Design Services on the City Hall Project (CIP Project No. Z20006)

Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with STK Architecture, Inc. in an amount not to exceed $50,000.00 for additional design 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.

13) Notice of Decision – Planning Commission Approval of Planning Application No. 2019-31 (Blazed Utopia) for a Minor Industrial Design Review with a Variance to Legalize an Unpermitted Storage Shed, Construct an Attached Patio and Fire Riser Room, and Reduce the Rear Yard Setback for an Existing Cannabis Business Located at 233 West Minthorn Street

Receive and file the Notice of Decision for Planning Application No. 2019-31 approved by the Planning Commission on September 16, 2025.

This item was approved on the City Council Consent Calendar.

14) Notice of Decision – Planning Commission Approval of Planning Application No. 2025-08 (Sunnyslope Variance) for a Variance to Reduce the 12 -Foot Required Side Yard Setback for a New Proposed Single-Family Home in the R-H Zone

Receive and File the Notice of Decision for Planning Application No. 2025 -08 approved by the Planning Commission on September 16, 2025.

This item was approved on the City Council Consent Calendar.

15) Agreement with Hunsaker & Associates Irvine, Inc. for Camino Del Norte Ultimate Street Improvements

Approve and authorize the City Manager to execute a Professional Services Agreement with Hunsaker & Associates Irvine, Inc., in an amount not to exceed $581,700 for professional services in such final form as approved by the City Attorney, and authorize the City Manager to execute change orders not exceeding a 15% contingency of $87,255.

This item was approved on the City Council Consent Calendar.

16) Agreement with Great Western Installations, Inc. for Citywide Park Roll Coats and Surfacing

Approve and authorize the City Manager to execute a Contractor Services Agreement with Great Western
Installations, Inc., in an amount not to exceed $100,730.00 for Citywide Park Roll Coats and Surfacing in such final form as approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency of $10,073.00, and authorize City Clerk to record the Notice of Completion once it is determined the work is complete and the improvements are accepted.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft October 14, 2025

City of Lake Elsinore Page 5

17) Annual On -Call Services Agreement with KYA Services in Support of City of Lake Elsinore Public Works Operations

Approve and authorize the City Manager to execute an Agreement with KYA Services, LLC in an amount not to exceed $200,000 to support City of Lake Elsinore Public Works Operations in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

SUCCESSOR AGENCY CONSENT CALENDAR

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

Aye: 4 Agency Members Manos and Sheridan; Vice Chair Magee; and Chair Tisdale Nay: 0 None

18) Minutes of the Regular Successor Agency Meeting of September 23, 2025

Approve the Minutes.

This item was approved on the Successor Agency Consent Calendar.

19) SA Warrant Report Dated September 15, 2025 to September 21, 2025

Receive and file.

This item was approved on the Successor Agency Consent Calendar.

20) SA Warrant Report Dated September 22, 2025 to September 28, 2025

Receive and file.

This item was approved on the Successor Agency Consent Calendar.

21) SA Warrant Report Dated September 29, 2025 to October 05, 2025

Receive and file.

This item was approved on the Successor Agency Consent Calendar.

PUBLIC HEARING

22) Request to Amend Blazed Utopia's Development Agreement to Revise the Community Benefit Fee

1. Find that the proposed project is exempt from the California Environmental Quality Act (CEQA) pursuant to CEQA Guidelines Section 15301 (Existing Facilities); and

2. Introduce by title only and waive further reading of AN ORDINANCE OF THE CITY

COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING THE DEVELOPMENT AGREEMENT AMENDMENT (DA- 2025-09) FOR BLAZED UTOPIA LOCATED AT 233 WEST MINTHORN STREET(APN: 377-220-024).

City Council Minutes - Draft October 14, 2025

City of Lake Elsinore Page 6

The Public Hearing was opened at 7:14 p.m.

Principal Planner Huynh presented the staff report.

There were no speakers.

The Public Hearing was closed at 7:18 p.m.

A motion was made by Council Member Manos, seconded by Council Member Sheridan to f ind that the proposed project is exempt from the California Environmental Quality Act (CEQA) pursuant to CEQA Guidelines Section 15301 (Existing Facilities) and introduce by title only and waive further reading of the Ordinance. The motion carried by the following vote:

Aye: 4 Council Member Manos, Mayor Tisdale, Mayor Pro Tem Magee, Council Member Sheridan
Nay: 0 None

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - THREE MINUTES

There were no speakers.

CITY ATTORNEY COMMENTS

Assistant City Attorney Mann had no comments.

CITY MANAGER'S COMMENTS

City Manager Simpson thanked the City Council for their support of the Lake Management Plan and staff for their work on it.

CITY COUNCIL COMMENTS/REPORTS ON MEETINGS ATTENDED

Council Member Sheridan shared that he attended the Riverside Transit Agency Administration and Operations Committee meeting on October 1, 2025 and noted he will report out from that meeting at the next Council meeting; thanked staff for their work on the Lake Management Plan; noted that he attended the Student of the Month event; shared photos from the Ruth Atkins Speaker Series event that was held on September 24, 2025; invited the community to attend a Firewise Community Introductory meeting at 7:00 p.m. on October 16, 2025 in the Tuscany Hills Clubhouse; invited the community to attend the Tuscany Hills Social Committee’s Trunk or Treat event from 6:00 to 9:00 p.m. on October 17, 2025 at the Tuscany Hills Club House; and invited players to participate in the Thunder Cares 2
nd Annual Golf Tournament at 7:00 a.m. on
Monday, November 10, 2025 at Glen Ivy Golf Club.

Council Member Manos reported on his attendance at the Riverside County Airport Land Use Commission on October 9, 2025 and the Cal Cities Annual Conference from October 8- 10, 2025; and invited the community to attend the Oktoberfest event from 1:00 p.m. to 9:30 p.m. on October 18, 2025 at Launch Pointe.

Mayor Pro Tem Magee congratulated staff on winning the Helen Putnam Award; and reported on his attendance at the Regional Conservation Agency meeting on October 6, 2025.

City Council Minutes - Draft October 14, 2025

City of Lake Elsinore Page 7

Mayor Tisdale reminded residents to dump any standing water; thanked staff for their work and for always being prepared to present their items at Council meetings; and invited the community to attend the State of the City at 5:30 p.m. on October 23, 2025 at Pins N Pockets.

ADJOURNMENT

The Lake Elsinore City Council adjourned at 7:32 p.m. to the next Regular meeting of Tuesday, October 28, 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.

19)
SA Investment Report for September 2025
Receive and file the Investment Report for September 2025.

REPORT TO CITY COUNCIL
To:Honorable Chair and Members of the Successor Agency
From:Jason Simpson, City Manager
Prepared by:Shannon Buckley, Assistant City Manager
Date:October 28, 2025
Subject:SA Investment Report for September 2025
Recommendation
Receive and file the Investment Report for September 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 September 2025
Administrative Services
CI

TY OF LAKE ELSINORE
I

NVESTMENT REPORT

BANK DEPOSITS OUTSTANDING BOOK

CASH ACCOUNTS BALANCE IN TRANSIT PAYMENTS BALANCE
Bank Accounts:

General Checking Account 2,028,158$ 93,735$ (7,498)$ 2,114,395$ Cash On Hand:

Cashier Drawers #1 & #2 - - - 300
City of Lake Elsinore Petty Cash Fund - - - 2,000
Total Cash Accounts 2,028,158 93,735 (7,498) 2,116,695

INVESTMENTS
Local Agency Investment Funds 60,435,255 - - 60,435,255 CAMP Investments:

CAMP Pool Account 1,187,494 - - 1,187,493.79
U.S. Treasury Bond / Note 25,055,183 - - 25,055,182.64
Municipal Bond / Note 285,000 - - 285,000.00
Federal Agency Commercial Mortgage-Backed Security 8,584,777 - - 8,584,777.05 Federal Agency Bond / Note 647,673 - - 647,673.00
Corporate Note 11,247,129 - - 11,247,128.90
Certificate of Deposit 900,000 - - 900,000.00
Bank Note 525,525 - - 525,525.00
Asset-Backed Security 6,869,745 - - 6,869,744.57
Sub-total Investments 115,737,780 - - 115,737,780
Market Value Adjustment:

Unrealized Gain/(Loss) at 09/30/2025 944,293 - - 944,293 Total Investments 116,682,073 - - 116,682,073
Total Pooled Cash and Investments 118,710,231$ 93,735$ (7,498)$ 118,798,767$ TOTAL POOLED CASH AND INVESTMENTS 118,798,767$
I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved by the City Council on June 24, 2025. A copy of this policy is available in the office of the City Clerk. The pooled investments shown above provide sufficient cash flow liquidity to meet the next six months estimated expenditures.

Jason P. Simpson October 9, 2025
City Manager Date

C I T Y O F L A K E E L S I N O R E

INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS
AS OF SEPTEMBER 30, 2025

FUND NO FUND NAME AMOUNT
100 General 14,812,070$
102 Measure Z 9,777,179
106 Affordable Housing In Lieu 1,486,386
107 Developer Agreement Revenue 319,434
108 American Rescue Plan 240,356
109 Road Maintenance and Rehabilitation (SB1) 2,269,822 110 State Gas Tax 612,134
112 Measure A 1,631,258
114 SB1186 CASP Education Program 86,075
116 City Hall-Public Works DIF 735,165
117 Community Center DIF 684,420
118 Lake Side Facility DIF 963,524
119 Animal Shelter DIF 11,307
121 T.R.I.P.-2014A 2,580
135 Lighting & Landscape Maintenance - Dist. No. 1 2,135,260 140 Geothermal 12,976
155 CSA152 -- N.P.D.E.S. 2,000
202 La Strada RBBD 26,465
203 E.L.S.P. - S.T.I.F. 3,732,024
205 Traffic Impact Fee 945,135
211 Storm Drain C.I.P. 2,022,409
221 Quimby Park C.I.P. 43,865
231 Library C.I.P. 1,080,774
232 City Fire Protection 1,406,242
300 Insurance Service 326,462
305 Information Systems Service 2,887,203
310 Support Service 59,108
315 Fleet Service 143,262
320 Facilities Service 2,894,479
333 CFD 2015-3 Terracina 239,538
335 CFD 2003-2E Canyon Hills Improvement Area E 359
346 CFD 2014-1 Southshore 64,212
350 CFD 98-1 Summerhill 6,076
354 CFD 90-2 Tuscany Hills 536
357 CFD 2003-2 Canyon Hills Improvement Area 1,443
359 CFD 2021-1 IA-2 Tuscany Valley & Crest Improvement 30,861 361 CFD 2022-2 Lakeshore Improvement 5,777
364 CFD 2023-2 Coastal Mission Trail Improvement 6,045
366 CFD 2005-6 City Center Townhomes 46,926
368 CFD 2006-2 Viscaya 5,489

C I T Y O F L A K E E L S I N O R E

POOLED CASH AND INVESTMENTS BY FUND
AS OF SEPTEMBER 30, 2025

FUND NO FUND NAME AMOUNT

C I T Y O F L A K E E L S I N O R E

POOLED CASH AND INVESTMENTS BY FUND
AS OF SEPTEMBER 30, 2025
369 CFD 2004-3 Area 1 Rosetta Canyon Improvement Area 67,638 371 CFD 2005-1 Serenity 4,839
372 CFD 2005-2 Alberhill Ranch Improvement Area 25,832
379 CFD 2022-1 Alberhill 2,838
383 CFD 2025-2 Cambern Apartments 59
384 CFD 2003-2 Area B Canyon Hills Improvement Area 8,776 385 CFD 2004-3 Area 2 Rosetta Canyon Improvement Area 24,855 388 CFD 2007-6 Holiday Inn Express 22
389 CFD 88-3 (2008A) West Lake Elsinore Series A 2,000
390 CFD 2003-2 Area C Canyon Hills Improvement Area 3,270 394 CFD 2005-5 (2012A) Wasson Canyon 1,008
396 CFD 2018-2 Nichols Ranch Improvement Area 44,454
500 Capital Improvement Plan 14,563,729
603 Endowment Trust - Carl Graves 70,140
604 Endowment Trust - Korn Memorial 37,288
605 Public Improvement Trust 3,042,001
606 Mobile Source Air Polution Reduction 245,552
608 Trust Deposit & Pre Paid Expense 1,834,409
617 Successor Agency Housing 41,836,571
620 Cost Recovery System 4,444,357
631 Lake Destratification Equipment Replacement 348,990 Total Pooled Cash & Investments 118,798,767$

MAXIMUM DIVERSIFICATION CURRENT

TYPES OF SECURITIES PERCENTAGE PERCENTAGE BALANCE
CAMP - Pooled Sweep Account Unlimited 1.03% 1,187,494$ U.S. Treasury Bond / Note Unlimited 21.65% 25,055,183$
Supra-National Agency Bond / Note 30% 0.00% -$
Municipal Bond / Note Unlimited 0.25% 285,000$
Federal Agency Collaterized Mortgage Obligation 40% 7.42% 8,584,777$ Federal Agency Bond / Note Unlimited 0.56% (1) 647,673$ Banker's Acceptance 40.00% 0.00% -$
Corporate Note (Includes Bank Note) 30% 10.17% 11,772,654$ Commercial Paper 25% 0.00% -$
Negotiable Certificates of Deposit 30% 0.78% 900,000$
Asset-Backed Security / Collaterized Mortgage 20% 5.94% 6,869,745$ Repurchase Agreements Unlimited 0 -$
Reverse Repurchase Agreements 10.00% 0.00% -$
LAIF (Local Agency Investment Funds) $150 Million 52.22% (2) 60,435,255$ Placement Service Deposits (PDS) 30% 0.00% -$
TOTAL 100.00% 115,737,780$
Note:
(1) No more than 40% in any one federal agency. See CAMP Portfolio Statement for listing of agencies. (2) Investment in LAIF may not exceed $75 million in each agency.

C I T Y O F L A K E E L S I N O R E

SUMMARY OF POLICY LIMITATIONS
FOR THE MONTH ENDING SEPTEMBER 30, 2025
Loc
al Agency Investment Fund

September 4.212
August 4.251
July 4.258
June 4.269
May 4.272
April 4.281
PMIA Average Life(1): 248
LAIF Fair Value Factor(1): 1.001198310
PMIA Daily(1): 4.26
PMIA Quarter to Date(1): 4.27
LAIF Apportionment Rate(2): 4.40
LAIF Earnings Ratio(2): 0.00012059828906715
LAIF Administrative Cost(1)*: 0.18
Treasuries

52.26%
Agencies

28.46%
Certificates of
Deposit/Bank Notes

9.16%
Time
Deposits

3.18%
Commercial
Paper

6.17%
Corporate
Bonds

0.61%
Loans

0.16%
Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) .
*The percentage of administrative cost equals the total administrative cost divided by the quarterly interest earnings. The law provides that administrative costs are not to exceed 5% of quarterly EARNINGS of the fund. However, if the 13-week Daily Treasury Bill Rate on the last day of the fiscal year is below 1%, then administrative costs shall not exceed 8% of quarterly EARNINGS of the fund for the subsequent fiscal year.

Source:
(1) State of California, Office of the Treasurer
(2) State of California, Office of the Controller
PMIA Average Monthly
Effective Yields(1)
PMIA/LAIF Performance Report
as of 10/08/25
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 6/30/25
Chart does not include $1,012,000.00 in mortgages, which equates to 0.001%. Percentages may not total 100% due to rounding.

Pooled Money Investment Account
Monthly Portfolio Composition (1)
8/31/25
$165.3 billion

Yield Purchase Date Maturity Rate

4.212% Daily 24-Hour
Investment Beginning Balance Net Increase/(Decrease) Ending Balance Total Investments Held with
Local Agency Investment Fund: 63,135,255$ (2,700,000)$ 60,435,255$ Note:

Per California State Treasurer, LAIF Statute 16429.1: Separate accounts for each governmental unit shall be maintained.

C I T Y O F L A K E E L S I N O R E

LOCAL AGENCY INVESTMENT FUND

TRANSACTION SUMMARY
FOR THE MONTH ENDING SEPTEMBER 30, 2025
CAMP
Investment Portfolio

CITY OF LAKE ELSINORE

ACCOUNT STATEMENT
For the Month Ending
September 30, 2025
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts

CITY OF LAKE ELSINORE
Accounts included in Statement

LAKE ELSINORE - CITY FUNDS
www.camponline.comOnline Access 1-800-729-7665Customer Service Important Messages
CAMP will be closed on 10/13/2025 for Columbus Day.

CAMP will be closed on 11/11/2025 for Veterans Day.

For the Month Ending September 30, 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 September 30, 2025Account Statement - Transaction Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
568,855.03
4,492,129.60
(3,873,490.84)

0.00 $1,187,493.79
CAMP Pool
Unsettled Trades 0.00
1,848.94 Cash Dividends and Income
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
55,586,420.23
3,841,652.34
(4,282,939.20)
(3,389.86)
$55,141,743.51
CAMP Managed Account
Unsettled Trades 0.00
190,142.98 Cash Dividends and Income
September 30, 2025 August 31, 2025
Asset Summary
CAMP Pool 1,187,493.79 568,855.03
CAMP Managed Account 55,141,743.51 55,586,420.23
$56,329,237.30 $56,155,275.26 Total
Asset Allocation

2.11%
CAMP Pool

97.89%
CAMP Managed
Account

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
$568,855.03
4,492,129.60
(3,873,490.84)
$1,187,493.79
1,848.94
$55,586,420.23
(1,181,273.18)
(3,101,666.02)
3,841,652.34

0.00 (3,389.86)
$55,141,743.51
$56,155,275.26
$56,329,237.30
141,138.02
(23,076.77)
72,081.73
$190,142.98
1,075,000.00
3,103,364.92
139,439.12
106,273.18
(3,864,729.11)
(559,348.11)

0.00 Managed Account Total
54,556,073.45 55,743,567.24
366,707.08
3,103,364.92
1,181,273.18
139,439.12
(3,864,729.11)
(54,891,647.51)
(321,812.19)

0.00 366,707.08
6,976,855.76
1,181,273.18
139,439.12
(8,356,858.71)
(55,460,502.54)
(321,812.19)
1,848.94
Total Accrual Basis Earnings $268,668.94 $270,517.88
Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance
$0.00 Closing Cash Balance

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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 26,200,000.00 25,549,839.13 45.35 Municipal Bond / Note 285,000.00 287,523.35 0.51
Federal Agency Commercial
Mortgage-Backed Security
8,718,261.96 8,806,088.75 15.63
Federal Agency Bond / Note 650,000.00 647,587.20 1.15 Corporate Note 11,410,000.00 11,488,842.72 20.40
Certificate of Deposit 900,000.00 900,726.30 1.60
Bank Note 525,000.00 532,761.08 0.95
Asset-Backed Security 6,866,929.11 6,928,374.98 12.30 Managed Account Sub-Total 55,555,191.07 55,141,743.51 97.89% Accrued Interest 366,707.08
Total Portfolio 55,555,191.07 55,508,450.59
CAMP Pool 1,187,493.79 1,187,493.79 2.11
Total Investments 56,742,684.86 56,695,944.38 100.00%
Unsettled Trades 0.00 0.00
Sector Allocation

12.30%
ABS

0.95%
Bank Note

1.60%
Cert of Deposit

19.88%
Corporate Note

1.15%
Fed Agy Bond /
Note

15.63%
Federal Agency
Commercial
Mortgage-Backed
Security

2.11%
Joint Powers
Authority

0.51%
Muni Bond / Note

0.51%
Priv Placement
Bond

45.36%
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

5.43%

1.66%

10.28%

31.91%

43.82%

6.90%

0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 1084

4.25%

3.87%

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 2025
Managed Account Issuer Summary

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

4.80%
A

4.97%
A+

5.08%
A-

0.80%
A-1+

0.83%
AA

63.49%
AA+

3.57%
AA-

10.39%
AAA

2.11%
AAAm

0.72%
BBB+

3.24%
NR
Issuer Summary
Percentof HoldingsIssuer
Market Value
385,111.50 0.68 Adobe Inc
346,121.70 0.61 Air Products and Chemicals Inc
1,405,737.13 2.50 American Express Co
405,098.80 0.72 Analog Devices Inc
763,201.40 1.35 Apple Inc
605,916.81 1.08 BA Credit Card Trust
687,944.76 1.22 Bank of America Corp
463,820.88 0.82 Bank of New York Mellon Corp
170,927.23 0.30 Bayerische Motoren Werke AG
465,113.83 0.83 Berkshire Hathaway Inc
792,737.43 1.41 BlackRock Inc
375,031.13 0.67 Bristol-Myers Squibb Co
84,774.75 0.15 California State University
1,187,493.79 2.11 CAMP Pool
736,289.44 1.31 Capital One Financial Corp
42,148.89 0.07 CarMax Inc
219,058.88 0.39 Caterpillar Inc
296,969.40 0.53 Charles Schwab Corp
430,975.86 0.77 Cisco Systems Inc
1,342,401.70 2.38 Citigroup Inc
385,092.00 0.68 Deere & Co
672,587.69 1.19 Discover Card Execution Note Trust
8,279,927.04 14.71 Federal Home Loan Mortgage Corp
1,173,748.91 2.08 Federal National Mortgage Association 264,860.44 0.47 Fifth Third Auto Trust
68,250.45 0.12 Ford Credit Auto Owner Trust
165,245.36 0.29 GM Financial Consumer Automobile Receiv 73,489.90 0.13 Harley-Davidson Inc
384,024.00 0.68 Home Depot Inc
411,747.19 0.73 Honda Auto Receivables Owner Trust
402,098.80 0.71 Honda Motor Co Ltd
409,881.87 0.73 JPMorgan Chase & Co

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 2025Managed Account Issuer Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Percentof HoldingsIssuer
Market Value
60,673.08 0.11 Lockheed Martin Corp
117,159.36 0.21 Mars Inc
557,323.80 0.99 Mercedes-Benz Auto Receivables Trust
745,553.25 1.32 Microsoft Corp
532,761.08 0.95 Morgan Stanley
499,919.00 0.89 National Australia Bank Ltd
344,902.25 0.61 National Rural Utilities Cooperative Fi 45,632.59 0.08 Nissan Auto Receivables Owner Trust
450,283.50 0.80 Nordea Bank Abp
407,184.40 0.72 PACCAR Inc
101,146.10 0.18 Porsche Innovative Lease Owner
202,748.60 0.36 State of California
205,322.60 0.36 State Street Corp
39,050.64 0.07 Target Corp
86,463.79 0.15 Texas Instruments Inc
450,442.80 0.80 Toronto-Dominion Bank
117,389.96 0.21 Toyota Auto Receivables Owner Trust
380,413.88 0.68 Toyota Motor Corp
25,549,839.13 45.37 United States Treasury
220,951.13 0.39 UnitedHealth Group Inc
418,447.40 0.74 Verizon Master Trust
407,616.80 0.72 Wells Fargo & Co
490,183.20 0.87 WF Card Issuance Trust
$56,329,237.30 Total 100.00%

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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 11/15/2016 2.000% 11/15/2026
73,587.90 73,663.07 566.58 70,441.41 01/17/2301/13/23Aa1AA+ 75,000.00 912828U24 3.72

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
211,122.00 206,372.90 710.77 198,641.60 07/03/2407/01/24Aa1AA+ 225,000.00 91282CCH2 4.49

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
1,196,358.00 1,197,511.78 4,027.68 1,169,364.26 09/06/2409/04/24Aa1AA+ 1,275,000.00 91282CCH2 3.59

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
1,219,816.00 1,209,301.20 4,106.66 1,173,960.94 08/05/2408/01/24Aa1AA+ 1,300,000.00 91282CCH2 3.96

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
2,251,968.00 2,258,837.40 7,581.52 2,211,468.75 10/07/2410/01/24Aa1AA+ 2,400,000.00 91282CCH2 3.51

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
2,721,128.00 2,666,774.75 9,161.01 2,565,253.91 06/11/2406/06/24Aa1AA+ 2,900,000.00 91282CCH2 4.39

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
1,203,796.80 1,185,745.27 11,372.28 1,182,093.75 11/05/2410/31/24Aa1AA+ 1,200,000.00 91282CJR3 4.14

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
1,379,350.50 1,349,871.64 13,030.74 1,344,653.32 01/07/2501/02/25Aa1AA+ 1,375,000.00 91282CJR3 4.36

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
1,479,666.90 1,449,413.04 13,978.43 1,444,693.36 02/06/2502/03/25Aa1AA+ 1,475,000.00 91282CJR3 4.33

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
2,608,226.40 2,572,238.63 24,639.95 2,565,773.44 12/06/2412/03/24Aa1AA+ 2,600,000.00 91282CJR3 4.10

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
591,023.40 589,683.99 4,927.99 589,054.69 07/03/2507/01/25Aa1AA+ 600,000.00 91282CEV9 3.75

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
886,535.10 880,751.10 7,391.98 878,414.06 04/04/2504/01/25Aa1AA+ 900,000.00 91282CEV9 3.87

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
886,535.10 877,365.03 7,391.98 875,566.41 06/05/2506/02/25Aa1AA+ 900,000.00 91282CEV9 3.98

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
911,161.08 903,079.22 7,597.32 902,236.33 08/05/2508/01/25Aa1AA+ 925,000.00 91282CEV9 3.94

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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 06/30/2022 3.250% 06/30/2029
1,477,558.50 1,478,910.69 12,319.97 1,476,796.88 05/06/2505/01/25Aa1AA+ 1,500,000.00 91282CEV9 3.65

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
2,610,353.35 2,575,552.52 21,765.29 2,565,117.19 03/06/2503/03/25Aa1AA+ 2,650,000.00 91282CEV9 4.06

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
3,841,652.10 3,842,671.45 32,031.93 3,841,652.34 09/05/2509/02/25Aa1AA+ 3,900,000.00 91282CEV9 3.67 182,602.08 25,549,839.13 25,317,743.68 3.96 25,055,182.64 26,200,000.00 Security Type Sub-Total Municipal Bond / Note

CALIFORNIA ST UNIV-B
DTD 07/29/2021 0.862% 11/01/2025
84,774.75 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
202,748.60 200,000.00 807.67 200,000.00 03/15/2303/09/23Aa2AA- 200,000.00 13063D3N6 4.85 1,112.96 287,523.35 285,000.00 3.67 285,000.00 285,000.00 Security Type Sub-Total Federal Agency Commercial Mortgage-Backed Security
FHMS K054 A2
DTD 04/01/2016 2.745% 01/01/2026
233,242.88 233,458.78 536.57 224,852.44 04/14/2304/11/23Aa1AA+ 234,564.89 3137BNGT5 4.32 FHMS K058 A2
DTD 11/01/2016 2.653% 08/01/2026
543,518.80 543,813.77 1,215.96 526,839.84 04/12/2304/06/23Aa1AA+ 550,000.00 3137BSP72 3.98 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
360,388.40 360,333.50 1,015.29 352,807.40 05/24/2305/19/23Aa1AA+ 364,012.14 3137BTUM1 4.29 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
544,518.70 537,156.29 1,477.67 518,804.69 08/18/2308/16/23Aa1AA+ 550,000.00 3137BXQY1 4.94 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
544,171.10 540,694.49 1,486.38 527,033.20 06/13/2306/08/23Aa1AA+ 550,000.00 3137F1G44 4.42 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
388,230.49 381,873.62 1,545.96 381,871.52 12/14/2312/06/23Aa1AA+ 381,874.57 3137HBC69 4.86

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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 KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
435,431.87 431,738.78 1,718.70 431,734.01 07/27/2307/19/23Aa1AA+ 431,744.77 3137HAD45 4.78 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
560,338.35 553,045.35 2,208.71 555,493.40 07/20/2307/13/23Aa1AA+ 550,000.00 3137HACX2 4.59 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
526,161.71 520,138.42 1,833.72 516,267.43 07/31/2307/18/23Aa1AA+ 525,170.71 3136BQDE6 4.58 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
509,658.50 493,095.10 1,975.00 489,032.00 10/19/2310/11/23Aa1AA+ 500,000.00 3137HAQ74 5.25 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
812,569.60 792,695.89 3,100.00 788,165.60 09/14/2309/07/23Aa1AA+ 800,000.00 3137HAMH6 4.99 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
383,611.50 367,203.79 1,515.63 363,043.88 10/31/2310/25/23Aa1AA+ 375,000.00 3137HAST4 5.60 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
509,926.00 496,183.90 2,000.00 494,023.50 09/28/2309/20/23Aa1AA+ 500,000.00 3137HAMS2 5.07 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
184,865.40 179,660.36 760.35 179,479.62 11/21/2311/14/23Aa1AA+ 180,000.00 3137HB3D4 5.14 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
281,257.08 274,481.00 1,113.75 274,209.93 12/07/2311/28/23Aa1AA+ 275,000.00 3137HB3G7 4.93 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
294,246.18 291,992.81 1,104.90 292,899.71 02/08/2402/01/24Aa1AA+ 290,000.00 3137HBLV4 4.34 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
449,638.64 442,130.56 1,730.67 442,702.04 07/25/2407/16/24Aa1AA+ 440,000.00 3137HDV56 4.58 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
548,510.91 535,894.87 2,144.92 535,893.26 06/13/2406/05/24Aa1AA+ 535,894.87 3137HDJJ0 4.80 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
503,386.79 498,663.57 1,873.99 499,630.23 08/15/2408/07/24Aa1AA+ 495,000.00 3137HDXL9 4.33 FHMS K539 A2
DTD 04/01/2025 4.410% 01/01/2030
192,415.85 189,994.01 698.25 189,993.35 04/24/2504/15/25Aa1AA+ 190,000.00 3137HKXJ8 4.41

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
31,056.42 8,806,088.75 8,664,248.86 4.72 8,584,777.05 8,718,261.96 Security Type Sub-Total Federal Agency Bond / Note

FANNIE MAE
DTD 11/12/2020 0.500% 11/07/2025
647,587.20 649,953.33 1,300.00 647,673.00 11/12/2011/09/20Aa1AA+ 650,000.00 3135G06G3 0.57 1,300.00 647,587.20 649,953.33 0.57 647,673.00 650,000.00 Security Type Sub-Total Corporate Note

UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/19/2021 1.150% 05/15/2026
220,951.13 224,951.17 977.50 224,608.50 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
170,927.23 174,990.91 297.74 174,947.50 08/16/2108/12/21A2A 175,000.00 05565EBW4 1.26

CATERPILLAR FINL SERVICE
DTD 01/10/2022 1.700% 01/08/2027
219,058.88 224,710.72 881.88 223,863.75 01/13/2201/11/22A2A 225,000.00 14913R2U0 1.81

TARGET CORP (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
39,050.64 39,982.38 164.67 39,932.00 01/24/2201/19/22A2A 40,000.00 87612EBM7 1.99

BANK OF NY MELLON CORP (CALLABLE)
DTD 01/26/2022 2.050% 01/26/2027
463,820.88 474,721.42 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
745,553.25 740,273.13 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
294,136.80 292,129.97 573.75 277,203.00 01/18/2301/13/23A2A- 300,000.00 025816CS6 4.59

BERKSHIRE HATHAWAY FIN (CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027
465,113.83 472,403.02 485.56 466,089.00 03/17/2203/15/22Aa2AA 475,000.00 084664CZ2 2.70

CHARLES SCHWAB CORP (CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027
296,969.40 294,495.94 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
499,919.00 495,510.18 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
763,201.40 760,745.95 1,186.18 741,062.75 01/23/2301/19/23AaaAA+ 775,000.00 037833DB3 3.94

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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

TOYOTA MOTOR CREDIT CORP
DTD 01/12/2023 4.625% 01/12/2028
380,413.88 375,594.21 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
344,902.25 340,136.63 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
86,463.79 86,004.03 499.61 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
375,031.13 366,909.71 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
60,673.08 59,943.04 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
385,092.00 376,606.26 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
786,679.50 747,638.33 241.79 746,280.00 10/04/2310/02/23Aa3A+ 750,000.00 17325FBB3 5.92

AIR PRODUCTS & CHEMICALS (CALLABLE)
DTD 02/08/2024 4.600% 02/08/2029
346,121.70 339,685.64 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
430,975.86 419,897.11 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
51,144.35 49,935.42 110.97 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
741,593.08 725,256.06 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
174,583.88 169,837.21 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
210,527.62 204,778.20 4,838.00 204,694.55 04/04/2404/01/24A1A+ 205,000.00 00724PAF6 4.83

WELLS FARGO & COMPANY (CALLABLE)
DTD 04/23/2025 4.970% 04/23/2029
112,094.62 110,076.11 2,399.41 110,088.00 04/23/2504/16/25A1BBB+ 110,000.00 95000U3T8 4.95

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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

WELLS FARGO & COMPANY (CALLABLE)
DTD 04/23/2025 4.970% 04/23/2029
295,522.18 290,000.00 6,325.71 290,000.00 04/23/2504/15/25A1BBB+ 290,000.00 95000U3T8 4.97

BANK OF AMERICA CORP (CALLABLE)
DTD 05/09/2025 4.623% 05/09/2029
607,433.40 600,000.00 10,941.10 600,000.00 05/09/2505/06/25A1A- 600,000.00 06051GMT3 4.62

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
128,008.00 124,380.17 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
256,016.00 248,945.40 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
402,098.80 399,614.59 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
117,159.36 114,888.23 460.00 114,875.80 03/12/2503/05/25A2A 115,000.00 571676AY1 4.83

STATE STREET CORP (CALLABLE)
DTD 04/24/2025 4.834% 04/24/2030
205,322.60 200,000.00 4,216.32 200,000.00 04/24/2504/22/25Aa3A 200,000.00 857477DB6 4.83

PACCAR FINANCIAL CORP
DTD 05/08/2025 4.550% 05/08/2030
407,184.40 399,425.07 7,229.44 399,380.00 05/08/2505/05/25A1A+ 400,000.00 69371RT71 4.59

ANALOG DEVICES INC (CALLABLE)
DTD 06/16/2025 4.500% 06/15/2030
405,098.80 399,667.73 5,250.00 399,648.00 06/16/2506/12/25A2A- 400,000.00 032654BE4 4.52 91,804.27 11,488,842.72 11,344,133.94 4.33 11,247,128.90 11,410,000.00 Security Type Sub-Total Certificate of Deposit

TORONTO DOMINION BANK NY
DTD 10/31/2022 5.600% 10/27/2025
450,442.80 450,000.00 23,870.00 450,000.00 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
450,283.50 450,000.00 10,230.50 450,000.00 11/03/2211/02/22P-1A-1+ 450,000.00 65558UYF3 5.53 34,100.50 900,726.30 900,000.00 5.57 900,000.00 900,000.00 Security Type Sub-Total Bank Note

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
532,761.08 525,323.56 5,578.65 525,525.00 07/19/2407/18/24Aa3A+ 525,000.00 61690U8E3 4.94 5,578.65 532,761.08 525,323.56 4.94 525,525.00 525,000.00 Security Type Sub-Total Asset-Backed Security
CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
42,148.89 42,173.40 74.41 42,172.73 07/20/2207/12/22NRAAA 42,173.73 14318MAD1 3.97 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
45,632.59 45,585.38 90.37 45,579.26 09/28/2209/20/22AaaAAA 45,588.69 65480JAC4 4.46 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
74,559.65 74,421.19 149.47 74,413.71 10/12/2210/04/22NRAAA 74,425.91 36265QAD8 4.82 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
117,389.96 117,143.24 241.05 117,143.20 01/30/2301/24/23NRAAA 117,143.26 891940AC2 4.63 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
245,083.06 244,984.17 539.00 244,961.56 11/03/2210/27/22NRAAA 245,000.00 14041NGB1 4.95 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
73,489.90 73,242.90 164.40 73,238.91 02/23/2302/13/23AaaNR 73,246.28 41285JAD0 5.05 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
68,250.45 68,063.35 140.67 68,059.71 03/31/2303/28/23NRAAA 68,066.81 344928AD8 4.65 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
221,071.95 219,417.29 428.70 219,396.04 08/22/2308/15/23NRAAA 219,441.28 43815QAC1 5.42 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
320,349.44 319,990.75 612.98 319,981.44 04/11/2304/04/23AaaNR 320,000.00 254683CY9 4.31 BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
170,847.28 169,979.46 361.91 169,961.51 06/16/2306/08/23NRAAA 170,000.00 05522RDG0 4.79 AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
191,032.46 189,991.02 411.24 189,983.15 06/14/2306/07/23NRAAA 190,000.00 02582JJZ4 4.87 COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
491,206.38 489,940.78 962.58 489,887.64 05/24/2305/17/23NRAAA 490,000.00 14041NGD7 4.42

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
352,238.25 349,974.23 766.89 349,952.72 06/28/2306/21/23AaaAAA 350,000.00 254683CZ6 4.93 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
75,279.06 74,390.72 117.18 74,385.67 11/08/2311/01/23AaaNR 74,398.77 438123AC5 5.67 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
264,860.44 262,434.99 645.03 262,428.11 08/23/2308/15/23AaaAAA 262,444.38 31680EAD3 5.53 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
409,881.87 404,930.20 928.80 404,887.73 09/15/2309/07/23NRAAA 405,000.00 161571HT4 5.17 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
415,338.20 409,988.80 953.02 409,981.67 09/19/2309/12/23NRAAA 410,000.00 02582JKD1 5.23 PILOT 2025-1A A3
DTD 05/21/2025 4.610% 10/20/2028
101,146.10 99,990.62 140.86 99,989.29 05/21/2505/14/25NRAAA 100,000.00 73329KAD8 4.61 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
182,208.78 179,984.42 398.40 179,975.83 12/14/2312/07/23AaaNR 180,000.00 05522RDH8 4.98 AMXCA 2024-1 A
DTD 04/23/2024 5.230% 04/16/2029
505,229.67 494,898.53 1,150.60 494,898.53 04/23/2404/16/24NRAAA 495,000.00 02582JKH2 5.23 HAROT 2025-2 A3
DTD 05/08/2025 4.150% 10/15/2029
115,396.18 114,988.47 212.11 114,987.15 05/08/2504/29/25AaaNR 115,000.00 437921AD1 4.15 BAAT 2025-1A A3
DTD 05/12/2025 4.350% 11/20/2029
80,511.36 79,995.16 106.33 79,994.48 05/12/2505/06/25AaaNR 80,000.00 05594BAD8 4.35 MBART 2025-1 A3
DTD 01/23/2025 4.780% 12/17/2029
557,323.80 553,336.38 1,168.44 553,673.83 04/09/2504/08/25AaaNR 550,000.00 58773DAD6 4.62 VZMT 2025-3 A1A
DTD 03/31/2025 4.510% 03/20/2030
418,447.40 414,984.91 571.89 414,982.16 03/31/2503/25/25AaaNR 415,000.00 92348KDY6 4.51 GMCAR 2025-2 A3
DTD 05/14/2025 4.280% 04/16/2030
90,685.71 89,987.76 160.50 89,986.75 05/14/2505/06/25AaaAAA 90,000.00 362549AD9 4.28 BACCT 2025-A1 A
DTD 06/12/2025 4.310% 05/15/2030
252,860.75 250,000.00 478.89 249,999.05 06/12/2506/05/25NRAAA 250,000.00 05522RDK1 4.31

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
WFCIT 2025-A1 A
DTD 06/10/2025 4.340% 05/15/2030
490,183.20 484,993.92 935.51 484,991.95 06/10/2506/03/25NRAAA 485,000.00 92970QAJ4 4.34 CCCIT 2025-A1 A
DTD 06/26/2025 4.300% 06/21/2030
555,722.20 549,858.04 6,240.97 549,850.79 06/26/2506/18/25AaaAAA 550,000.00 17305EHA6 4.31 19,152.20 6,928,374.98 6,869,670.08 4.75 6,869,744.57 6,866,929.11 Security Type Sub-Total 55,555,191.07 54,115,031.16 4.25 366,707.08 54,556,073.45 55,141,743.51 Managed Account Sub-Total Joint Powers Authority
CAMP Pool 1,187,493.79 1,187,493.79 0.00 1,187,493.79 NRAAAm 1,187,493.79 1,187,493.79 1,187,493.79 0.00 1,187,493.79 1,187,493.79 Liquid Sub-Total $56,742,684.86 $55,302,524.95 $366,707.08 $55,743,567.24 $56,329,237.30 4.25% $56,695,944.38
$366,707.08
Total Investments
Accrued Interest
Securities Sub-Total

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
(75.17) 3,146.49 73,587.90 98.12 JPMorgan 75,000.00 912828U24US TREASURY N/B DTD 11/15/2016 2.000% 11/15/2026

3.73 1.09
4,749.10 12,480.40 211,122.00 93.83 BMO 225,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.64 2.65
(1,153.78) 26,993.74 1,196,358.00 93.83 MorganSt 1,275,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.64 2.65
10,514.80 45,855.06 1,219,816.00 93.83 BMO 1,300,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.64 2.65
(6,869.40) 40,499.25 2,251,968.00 93.83 BMO 2,400,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.64 2.65
54,353.25 155,874.09 2,721,128.00 93.83 BMO 2,900,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.64 2.65
18,051.53 21,703.05 1,203,796.80 100.32 Citigrou 1,200,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.66 3.01
29,478.86 34,697.18 1,379,350.50 100.32 MorganSt 1,375,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.66 3.01
30,253.86 34,973.54 1,479,666.90 100.32 JPMorgan 1,475,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.66 3.01
35,987.77 42,452.96 2,608,226.40 100.32 MorganSt 2,600,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.66 3.01
1,339.41 1,968.71 591,023.40 98.50 Citigrou 600,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.69 3.46
5,784.00 8,121.04 886,535.10 98.50 BMO 900,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.69 3.46
9,170.07 10,968.69 886,535.10 98.50 BMO 900,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.69 3.46
8,081.86 8,924.75 911,161.08 98.50 Citigrou 925,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.69 3.46
(1,352.19) 761.62 1,477,558.50 98.50 Citigrou 1,500,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.69 3.46
34,800.83 45,236.16 2,610,353.35 98.50 MorganSt 2,650,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.69 3.46
(1,019.35)(0.24) 3,841,652.10 98.50 RBC Capi 3,900,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.69 3.46

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
494,656.49 3.67 232,095.45 25,549,839.13 26,200,000.00 Security Type Sub-Total 3.10 Municipal Bond / Note
(225.25)(225.25) 84,774.75 99.74 JPMorgan 85,000.00 13077DQD7CALIFORNIA ST UNIV-B DTD 07/29/2021 0.862% 11/01/2025

4.08 0.09
2,748.60 2,748.60 202,748.60 101.37 WellsFar 200,000.00 13063D3N6CA ST DTD 03/15/2023 4.846% 03/01/2027

3.87 1.35
2,523.35 3.93 2,523.35 287,523.35 285,000.00 Security Type Sub-Total 0.98 Federal Agency Commercial Mortgage-Backed Security
(215.90) 8,390.44 233,242.88 99.44 RobertBa 234,564.89 3137BNGT5FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026

4.17 0.28
(294.97) 16,678.96 543,518.80 98.82 BREAN 550,000.00 3137BSP72FHMS K058 A2 DTD 11/01/2016 2.653% 08/01/2026

3.87 0.84

54.90 7,581.00 360,388.40 99.00 Citigrou 364,012.14 3137BTUM1FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026

4.15 1.03
7,362.41 25,714.01 544,518.70 99.00 MorganSt 550,000.00 3137BXQY1FHMS K064 A2 DTD 05/01/2017 3.224% 03/01/2027

3.89 1.27
3,476.61 17,137.90 544,171.10 98.94 Citigrou 550,000.00 3137F1G44FHMS K065 A2 DTD 07/01/2017 3.243% 04/01/2027

3.89 1.42
6,356.87 6,358.97 388,230.49 101.66 JPMorgan 381,874.57 3137HBC69FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028

4.01 2.18
3,693.09 3,697.86 435,431.87 100.85 JPMorgan 431,744.77 3137HAD45FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028

4.13 1.63
7,293.00 4,844.95 560,338.35 101.88 JPMorgan 550,000.00 3137HACX2FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028

3.98 2.43
6,023.29 9,894.28 526,161.71 100.19 JPMorgan 525,170.71 3136BQDE6FNA 2023-M6 A2 DTD 07/01/2023 4.190% 07/01/2028

4.06 2.56
16,563.40 20,626.50 509,658.50 101.93 BMO 500,000.00 3137HAQ74FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028

3.94 2.60
19,873.71 24,404.00 812,569.60 101.57 WellsFar 800,000.00 3137HAMH6FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028

3.98 2.57
16,407.71 20,567.62 383,611.50 102.30 MorganSt 375,000.00 3137HAST4FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028

3.94 2.68

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
13,742.10 15,902.50 509,926.00 101.99 BOFAML 500,000.00 3137HAMS2FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028

3.99 2.63
5,205.04 5,385.78 184,865.40 102.70 JPMorgan 180,000.00 3137HB3D4FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028

4.02 2.71
6,776.08 7,047.15 281,257.08 102.28 BOFAML 275,000.00 3137HB3G7FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028

3.99 2.75
2,253.37 1,346.47 294,246.18 101.46 JPMorgan 290,000.00 3137HBLV4FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028

4.01 2.84
7,508.08 6,936.60 449,638.64 102.19 PIER 440,000.00 3137HDV56FHMS K524 A2 DTD 07/01/2024 4.720% 05/01/2029

4.02 3.27
12,616.04 12,617.65 548,510.91 102.35 MorganSt 535,894.87 3137HDJJ0FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029

4.02 3.14
4,723.22 3,756.56 503,386.79 101.69 BMO 495,000.00 3137HDXL9FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029

4.02 3.42
2,421.84 2,422.50 192,415.85 101.27 JPMorgan 190,000.00 3137HKXJ8FHMS K539 A2 DTD 04/01/2025 4.410% 01/01/2030

4.05 3.85
221,311.70 3.99 141,839.89 8,806,088.75 8,718,261.96 Security Type Sub-Total 2.29 Federal Agency Bond / Note
(2,366.13)(85.80) 647,587.20 99.63 Barclays 650,000.00 3135G06G3FANNIE MAE DTD 11/12/2020 0.500% 11/07/2025

4.38 0.10
(85.80) 4.38 (2,366.13) 647,587.20 650,000.00 Security Type Sub-Total 0.10 Corporate Note
(4,000.04)(3,657.37) 220,951.13 98.20 04/15/26Citigrou 225,000.00 91324PEC2UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/19/2021 1.150% 05/15/2026

4.10 0.61
(4,063.68)(4,020.27) 170,927.23 97.67 07/12/26SUMITR 175,000.00 05565EBW4BMW US CAPITAL LLC (CALLABLE) DTD 08/12/2021 1.250% 08/12/2026

4.05 0.85
(5,651.84)(4,804.87) 219,058.88 97.36 JPMorgan 225,000.00 14913R2U0CATERPILLAR FINL SERVICE DTD 01/10/2022 1.700% 01/08/2027

3.87 1.24
(931.74)(881.36) 39,050.64 97.63 12/15/26Citigrou 40,000.00 87612EBM7TARGET CORP (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027

3.87 1.25

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
(10,900.54)(10,124.62) 463,820.88 97.65 12/24/26Deutsche 475,000.00 06406RBA4BANK OF NY MELLON CORP (CALLABLE) DTD 01/26/2022 2.050% 01/26/2027

4.02 1.28
5,280.12 23,610.75 745,553.25 99.41 11/06/26GoldmanS 750,000.00 594918BY9MICROSOFT CORP (CALLABLE) DTD 02/06/2017 3.300% 02/06/2027

3.79 1.21
2,006.83 16,933.80 294,136.80 98.05 02/01/27RBS 300,000.00 025816CS6AMERICAN EXPRESS CO (CALLABLE) DTD 03/04/2022 2.550% 03/04/2027

4.00 1.37
(7,289.19)(975.17) 465,113.83 97.92 02/15/27SEEL 475,000.00 084664CZ2BERKSHIRE HATHAWAY FIN (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027

3.79 1.40
2,473.46 12,044.40 296,969.40 98.99 01/01/27Barclays 300,000.00 808513BW4CHARLES SCHWAB CORP (CALLABLE) DTD 09/24/2021 3.300% 04/01/2027

4.01 1.38
4,408.82 11,594.00 499,919.00 99.98 CAS 500,000.00 63254ABE7NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.905% 06/09/2027

3.91 1.60
2,455.45 22,138.65 763,201.40 98.48 06/12/27TD Secur 775,000.00 037833DB3APPLE INC (CALLABLE) DTD 09/12/2017 2.900% 09/12/2027

3.72 1.81
4,819.67 4,131.38 380,413.88 101.44 WellsFar 375,000.00 89236TKQ7TOYOTA MOTOR CREDIT CORP DTD 01/12/2023 4.625% 01/12/2028

3.98 2.13
4,765.62 15,713.25 344,902.25 98.54 11/07/27MorganSt 350,000.00 637432NP6NATIONAL RURAL UTIL COOP (CALLABLE) DTD 02/07/2018 3.400% 02/07/2028

4.08 2.16
459.76 (579.61) 86,463.79 101.72 01/15/28JPMorgan 85,000.00 882508BV5TEXAS INSTRUMENTS INC (CALLABLE) DTD 11/18/2022 4.600% 02/15/2028

3.88 2.17
8,121.42 16,767.38 375,031.13 100.01 11/20/27MAXE 375,000.00 110122DE5BRISTOL-MYERS SQUIBB CO (CALLABLE) DTD 07/15/2020 3.900% 02/20/2028

3.90 2.14
730.04 781.08 60,673.08 101.12 04/15/28Barclays 60,000.00 539830BZ1LOCKHEED MARTIN CORP (CALLABLE) DTD 05/25/2023 4.450% 05/15/2028

4.00 2.37
8,485.74 7,227.00 385,092.00 102.69 Citigrou 375,000.00 24422EXB0JOHN DEERE CAPITAL CORP DTD 07/14/2023 4.950% 07/14/2028

3.93 2.56
39,041.17 40,399.50 786,679.50 104.89 08/29/28Barclays 750,000.00 17325FBB3CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028

4.07 2.68
6,436.06 6,573.90 346,121.70 101.80 01/08/29Barclays 340,000.00 009158BH8AIR PRODUCTS & CHEMICALS (CALLABLE) DTD 02/08/2024 4.600% 02/08/2029

4.02 3.03
11,078.75 11,122.86 430,975.86 102.61 01/26/29Citigrou 420,000.00 17275RBR2CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029

4.00 3.06
1,208.93 1,234.85 51,144.35 102.29 02/14/29Citigrou 50,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029

3.98 3.12

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
16,337.02 16,237.83 741,593.08 102.29 02/14/29BOFAML 725,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029

3.98 3.12
4,746.67 4,808.28 174,583.88 102.70 03/04/29SEEL 170,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029

3.99 3.09
5,749.42 5,833.07 210,527.62 102.70 03/04/29BOFAML 205,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029

3.99 3.09
2,018.51 2,006.62 112,094.62 101.90 04/23/28SEEL 110,000.00 95000U3T8WELLS FARGO & COMPANY (CALLABLE) DTD 04/23/2025 4.970% 04/23/2029

4.56 2.34
5,522.18 5,522.18 295,522.18 101.90 04/23/28WellsFar 290,000.00 95000U3T8WELLS FARGO & COMPANY (CALLABLE) DTD 04/23/2025 4.970% 04/23/2029

4.56 2.34
7,433.40 7,433.40 607,433.40 101.24 05/09/28BOFAML 600,000.00 06051GMT3BANK OF AMERICA CORP (CALLABLE) DTD 05/09/2025 4.623% 05/09/2029

4.44 2.39
3,627.83 3,814.25 128,008.00 102.41 05/25/29MorganSt 125,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029

4.05 3.32
7,070.60 7,388.50 256,016.00 102.41 05/25/29PNCBank 250,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029

4.05 3.32
2,484.21 2,578.80 402,098.80 100.52 Deutsche 400,000.00 02665WFQ9AMERICAN HONDA FINANCE DTD 09/05/2024 4.400% 09/05/2029

4.25 3.57
2,271.13 2,283.56 117,159.36 101.88 02/01/30BOFAML 115,000.00 571676AY1MARS INC (CALLABLE) DTD 03/12/2025 4.800% 03/01/2030

4.32 3.91
5,322.60 5,322.60 205,322.60 102.66 03/24/30MorganSt 200,000.00 857477DB6STATE STREET CORP (CALLABLE) DTD 04/24/2025 4.834% 04/24/2030

4.17 3.96
7,759.33 7,804.40 407,184.40 101.80 TD Secur 400,000.00 69371RT71PACCAR FINANCIAL CORP DTD 05/08/2025 4.550% 05/08/2030

4.11 4.06
5,431.07 5,450.80 405,098.80 101.27 05/15/30BOFAML 400,000.00 032654BE4ANALOG DEVICES INC (CALLABLE) DTD 06/16/2025 4.500% 06/15/2030

4.20 4.13
241,713.82 4.03 144,708.78 11,488,842.72 11,410,000.00 Security Type Sub-Total 2.37 Certificate of Deposit
442.80 442.80 450,442.80 100.10 TD Secur 450,000.00 89115B6K1TORONTO DOMINION BANK NY DTD 10/31/2022 5.600% 10/27/2025

4.03 0.09
283.50 283.50 450,283.50 100.06 WellsFar 450,000.00 65558UYF3NORDEA BANK ABP NEW YORK DTD 11/03/2022 5.530% 11/03/2025

4.74 0.09

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
726.30 4.38 726.30 900,726.30 900,000.00 Security Type Sub-Total 0.09 Bank Note
7,437.52 7,236.08 532,761.08 101.48 07/14/27Citigrou 525,000.00 61690U8E3MORGAN STANLEY BANK NA (CALLABLE) DTD 07/19/2024 4.968% 07/14/2028

4.45 1.68
7,236.08 4.45 7,437.52 532,761.08 525,000.00 Security Type Sub-Total 1.68 Asset-Backed Security
(24.51)(23.84) 42,148.89 99.94 RBC Capi 42,173.73 14318MAD1CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027

4.28 0.22

47.21 53.33 45,632.59 100.10 WellsFar 45,588.69 65480JAC4NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027

4.21 0.33
138.46 145.94 74,559.65 100.18 RBC Capi 74,425.91 36265QAD8GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027

4.18 0.26
246.72 246.76 117,389.96 100.21 BOFAML 117,143.26 891940AC2TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027

4.19 0.43

98.89 121.50 245,083.06 100.03 RBC Capi 245,000.00 14041NGB1COMET 2022-A3 A DTD 11/03/2022 4.950% 10/15/2027

4.13 0.04
247.00 250.99 73,489.90 100.33 JPMorgan 73,246.28 41285JAD0HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027

4.24 0.38
187.10 190.74 68,250.45 100.27 BNPPSA 68,066.81 344928AD8FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028

4.16 0.50
1,654.66 1,675.91 221,071.95 100.74 BOFAML 219,441.28 43815QAC1HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028

4.24 0.60
358.69 368.00 320,349.44 100.11 RBC Capi 320,000.00 254683CY9DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028

4.11 0.44
867.82 885.77 170,847.28 100.50 BOFAML 170,000.00 05522RDG0BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028

4.05 0.60
1,041.44 1,049.31 191,032.46 100.54 RBC Capi 190,000.00 02582JJZ4AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028

4.05 0.60
1,265.60 1,318.74 491,206.38 100.25 RBC Capi 490,000.00 14041NGD7COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028

4.04 0.60
2,264.02 2,285.53 352,238.25 100.64 BOFAML 350,000.00 254683CZ6DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028

4.06 0.68

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
888.34 893.39 75,279.06 101.18 JPMorgan 74,398.77 438123AC5HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028

4.18 0.76
2,425.45 2,432.33 264,860.44 100.92 JPMorgan 262,444.38 31680EAD3FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028

4.24 0.68
4,951.67 4,994.14 409,881.87 101.21 JPMorgan 405,000.00 161571HT4CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028

3.89 0.92
5,349.40 5,356.53 415,338.20 101.30 Citigrou 410,000.00 02582JKD1AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028

3.90 0.92
1,155.48 1,156.81 101,146.10 101.15 Barclays 100,000.00 73329KAD8PILOT 2025-1A A3 DTD 05/21/2025 4.610% 10/20/2028

4.01 1.71
2,224.36 2,232.95 182,208.78 101.23 BOFAML 180,000.00 05522RDH8BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028

3.92 1.07
10,331.14 10,331.14 505,229.67 102.07 Barclays 495,000.00 02582JKH2AMXCA 2024-1 A DTD 04/23/2024 5.230% 04/16/2029

3.90 1.45
407.71 409.03 115,396.18 100.34 JPMorgan 115,000.00 437921AD1HAROT 2025-2 A3 DTD 05/08/2025 4.150% 10/15/2029

4.14 1.94
516.20 516.88 80,511.36 100.64 BOFAML 80,000.00 05594BAD8BAAT 2025-1A A3 DTD 05/12/2025 4.350% 11/20/2029

4.01 1.60
3,987.42 3,649.97 557,323.80 101.33 WellsFar 550,000.00 58773DAD6MBART 2025-1 A3 DTD 01/23/2025 4.780% 12/17/2029

3.92 1.42
3,462.49 3,465.24 418,447.40 100.83 BOFAML 415,000.00 92348KDY6VZMT 2025-3 A1A DTD 03/31/2025 4.510% 03/20/2030

4.18 1.92
697.95 698.96 90,685.71 100.76 TD Secur 90,000.00 362549AD9GMCAR 2025-2 A3 DTD 05/14/2025 4.280% 04/16/2030

3.94 1.90
2,860.75 2,861.70 252,860.75 101.14 BOFAML 250,000.00 05522RDK1BACCT 2025-A1 A DTD 06/12/2025 4.310% 05/15/2030

3.90 2.43
5,189.28 5,191.25 490,183.20 101.07 WellsFar 485,000.00 92970QAJ4WFCIT 2025-A1 A DTD 06/10/2025 4.340% 05/15/2030

3.97 2.43
5,864.16 5,871.41 555,722.20 101.04 Citigrou 550,000.00 17305EHA6CCCIT 2025-A1 A DTD 06/26/2025 4.300% 06/21/2030

3.91 2.52
58,630.41 4.02 58,704.90 6,928,374.98 6,866,929.11 Security Type Sub-Total 1.24

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
55,555,191.07 55,141,743.51 1,026,712.35 585,670.06 3.87 Managed Account Sub-Total 2.47 Joint Powers Authority

0.00 0.00 1,187,493.79 1.00 1,187,493.79 CAMP Pool 0.00 1,187,493.79 1,187,493.79 0.00 0.00 Liquid Sub-Total 0.00 Total Investments $56,695,944.38
$366,707.08
$56,329,237.30
Accrued Interest
Securities Sub-Total $56,742,684.86 $1,026,712.35 $585,670.06 3.87% 2.47

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
09/05/25 US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 (3,841,652.34) (23,076.77) (3,864,729.11) 3,900,000.00 09/02/25 (23,076.77) (3,864,729.11)(3,841,652.34) 3,900,000.00 Transaction Type Sub-Total

INTEREST
09/01/25 CA ST
DTD 03/15/2023 4.846% 03/01/2027
13063D3N6 0.00 4,846.00 4,846.00 09/01/25
09/01/25 MARS INC (CALLABLE)
DTD 03/12/2025 4.800% 03/01/2030
571676AY1 0.00 2,591.33 2,591.33 09/01/25
09/25/25 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
3137BXQY1 0.00 1,477.67 1,477.67 09/01/25
09/25/25 FHMS K054 A2
DTD 04/01/2016 2.745% 01/01/2026
3137BNGT5 0.00 550.99 550.99 09/01/25
09/25/25 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 0.00 1,104.90 1,104.90 09/01/25
09/25/25 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 0.00 1,549.88 1,549.88 09/01/25
09/25/25 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 0.00 1,515.63 1,515.63 09/01/25
09/25/25 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 0.00 2,000.00 2,000.00 09/01/25
09/25/25 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
3136BQDE6 0.00 1,833.89 1,833.89 09/01/25
09/25/25 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 0.00 1,720.51 1,720.51 09/01/25
09/25/25 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 0.00 1,873.99 1,873.99 09/01/25
09/25/25 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 0.00 3,100.00 3,100.00 09/01/25
09/25/25 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 0.00 1,730.67 1,730.67 09/01/25
09/25/25 FHMS K539 A2
DTD 04/01/2025 4.410% 01/01/2030
3137HKXJ8 0.00 698.25 698.25 09/01/25

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
09/25/25 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
3137F1G44 0.00 1,486.38 1,486.38 09/01/25
09/25/25 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 0.00 1,016.22 1,016.22 09/01/25
09/25/25 FHMS K058 A2
DTD 11/01/2016 2.653% 08/01/2026
3137BSP72 0.00 1,215.96 1,215.96 09/01/25
09/25/25 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 0.00 1,975.00 1,975.00 09/01/25
09/25/25 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 0.00 760.35 760.35 09/01/25
09/25/25 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 0.00 1,113.75 1,113.75 09/01/25
09/25/25 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
3137HDJJ0 0.00 2,145.13 2,145.13 09/01/25
09/25/25 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 0.00 2,208.71 2,208.71 09/01/25
09/04/25 AMERICAN EXPRESS CO (CALLABLE)
DTD 03/04/2022 2.550% 03/04/2027
025816CS6 0.00 3,825.00 3,825.00 09/04/25
09/04/25 FEDERAL HOME LOAN BANK
DTD 09/11/2020 0.375% 09/04/2025
3130AK5E2 0.00 281.25 281.25 09/04/25
09/05/25 AMERICAN HONDA FINANCE
DTD 09/05/2024 4.400% 09/05/2029
02665WFQ9 0.00 8,800.00 8,800.00 09/05/25
09/12/25 APPLE INC (CALLABLE)
DTD 09/12/2017 2.900% 09/12/2027
037833DB3 0.00 11,237.50 11,237.50 09/12/25
09/14/25 BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
09290DAA9 0.00 18,212.50 18,212.50 09/14/25
09/15/25 BACCT 2025-A1 A
DTD 06/12/2025 4.310% 05/15/2030
05522RDK1 0.00 897.92 897.92 09/15/25
09/15/25 HAROT 2025-2 A3
DTD 05/08/2025 4.150% 10/15/2029
437921AD1 0.00 397.71 397.71 09/15/25
09/15/25 BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
05522RDG0 0.00 678.58 678.58 09/15/25

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
09/15/25 BERKSHIRE HATHAWAY FIN
(CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027
084664CZ2 0.00 5,462.50 5,462.50 09/15/25
09/15/25 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 0.00 346.64 346.64 09/15/25
09/15/25 AMXCA 2024-1 A
DTD 04/23/2024 5.230% 04/16/2029
02582JKH2 0.00 2,157.37 2,157.37 09/15/25
09/15/25 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 0.00 168.75 168.75 09/15/25
09/15/25 MBART 2025-1 A3
DTD 01/23/2025 4.780% 12/17/2029
58773DAD6 0.00 2,190.83 2,190.83 09/15/25
09/15/25 COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
14041NGD7 0.00 1,804.83 1,804.83 09/15/25
09/15/25 DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
254683CZ6 0.00 1,437.92 1,437.92 09/15/25
09/15/25 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
891940AC2 0.00 497.25 497.25 09/15/25
09/15/25 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
02582JKD1 0.00 1,786.92 1,786.92 09/15/25
09/15/25 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 0.00 191.25 191.25 09/15/25
09/15/25 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
161571HT4 0.00 1,741.50 1,741.50 09/15/25
09/15/25 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 0.00 747.00 747.00 09/15/25
09/15/25 AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
02582JJZ4 0.00 771.08 771.08 09/15/25
09/15/25 ABBOTT LABORATORIES (CALLABLE)
DTD 03/22/2017 3.875% 09/15/2025
002824BM1 0.00 4,359.38 4,359.38 09/15/25
09/15/25 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
344928AD8 0.00 288.97 288.97 09/15/25
09/15/25 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 0.00 1,297.23 1,297.23 09/15/25

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
09/15/25 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
14041NGB1 0.00 1,010.63 1,010.63 09/15/25
09/15/25 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
254683CY9 0.00 1,149.33 1,149.33 09/15/25
09/15/25 WFCIT 2025-A1 A
DTD 06/10/2025 4.340% 05/15/2030
92970QAJ4 0.00 1,754.08 1,754.08 09/15/25
09/16/25 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
36265QAD8 0.00 350.73 350.73 09/16/25
09/16/25 GMCAR 2025-2 A3
DTD 05/14/2025 4.280% 04/16/2030
362549AD9 0.00 321.00 321.00 09/16/25
09/18/25 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 0.00 1,074.24 1,074.24 09/18/25
09/20/25 VZMT 2025-3 A1A
DTD 03/31/2025 4.510% 03/20/2030
92348KDY6 0.00 1,559.71 1,559.71 09/20/25
09/20/25 PILOT 2025-1A A3
DTD 05/21/2025 4.610% 10/20/2028
73329KAD8 0.00 384.17 384.17 09/20/25
09/20/25 BAAT 2025-1A A3
DTD 05/12/2025 4.350% 11/20/2029
05594BAD8 0.00 290.00 290.00 09/20/25
09/21/25 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
438123AC5 0.00 376.39 376.39 09/21/25
09/23/25 FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
3137EAEX3 0.00 1,312.50 1,312.50 09/23/25
09/29/25 CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
17325FBB3 0.00 21,761.25 21,761.25 09/29/25
139,439.12 139,439.12 0.00 Transaction Type Sub-Total

MATURITY
09/04/25 FEDERAL HOME LOAN BANK
DTD 09/11/2020 0.375% 09/04/2025
3130AK5E2 150,000.00 0.00 150,000.00 450.00 0.00 150,000.00 09/04/25 09/15/25 ABBOTT LABORATORIES (CALLABLE)
DTD 03/22/2017 3.875% 09/15/2025
002824BM1 225,000.00 0.00 225,000.00 (32,845.50) 0.00 225,000.00 09/15/25 09/23/25 FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
3137EAEX3 700,000.00 0.00 700,000.00 2,107.00 0.00 700,000.00 09/23/25

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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

0.00 0.00 (30,288.50) 1,075,000.00 1,075,000.00 1,075,000.00 Transaction Type Sub-Total

PAYDOWNS
09/25/25 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 970.51 0.00 970.51 0.01 0.00 970.51 09/01/25 09/25/25 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
3136BQDE6 49.53 0.00 49.53 0.84 0.49 49.53 09/01/25 09/25/25 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
3137HDJJ0 52.09 0.00 52.09 0.00 0.00 52.09 09/01/25 09/25/25 FHMS K054 A2
DTD 04/01/2016 2.745% 01/01/2026
3137BNGT5 6,305.01 0.00 6,305.01 261.07 37.56 6,305.01 09/01/25 09/25/25 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 333.49 0.00 333.49 10.27 3.62 333.49 09/01/25 09/25/25 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 453.09 0.00 453.09 0.01 0.01 453.09 09/01/25 09/15/25 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 5,868.90 0.00 5,868.90 1.21 0.44 5,868.90 09/15/25 09/15/25 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 19,051.49 0.00 19,051.49 1.18 0.69 19,051.49 09/15/25 09/15/25 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
344928AD8 6,505.96 0.00 6,505.96 0.68 0.34 6,505.96 09/15/25 09/15/25 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 8,833.58 0.00 8,833.58 0.21 0.07 8,833.58 09/15/25 09/15/25 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
891940AC2 11,734.03 0.00 11,734.03 0.00 0.00 11,734.03 09/15/25 09/15/25 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 9,124.44 0.00 9,124.44 0.92 0.43 9,124.44 09/15/25 09/16/25 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
36265QAD8 12,892.62 0.00 12,892.62 2.11 0.84 12,892.62 09/16/25 09/18/25 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 18,837.81 0.00 18,837.81 3.88 2.09 18,837.81 09/18/25 09/21/25 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
438123AC5 5,260.63 0.00 5,260.63 0.93 0.58 5,260.63 09/21/25

0.00 47.16 283.32 106,273.18 106,273.18 106,273.18 Transaction Type Sub-Total

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 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
SELL
09/05/25 US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
91282CGP0 226,951.17 124.31 227,075.48 4,403.32 3,479.76 FIFO 225,000.00 09/02/25 09/05/25 US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
91282CGP0 403,468.75 221.00 403,689.75 9,828.12 7,516.43 FIFO 400,000.00 09/02/25 09/05/25 US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
91282CGP0 2,471,246.10 1,353.59 2,472,599.69 87,855.47 65,981.32 FIFO 2,450,000.00 09/02/25 1,698.90 76,977.51 102,086.91 3,103,364.92 3,101,666.02 3,075,000.00 Transaction Type Sub-Total 441,286.86 118,061.25 559,348.11 72,081.73 77,024.67 Managed Account Sub-Total Total Security Transactions $72,081.73 $559,348.11 $118,061.25 $441,286.86 $77,024.67

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 2025Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
568,855.03 Opening Balance
09/02/25 09/02/25 Purchase - Interest 13063D3N6 1.00 4,846.00 573,701.03 09/02/25 09/02/25 Purchase - Interest 571676AY1 1.00 2,591.33 576,292.36 09/02/25 09/02/25 Purchase - Interest 91282CGP0 1.00 61,500.00 637,792.36 09/02/25 09/02/25 Purchase-Interest 3137HDJJ0 1.00 2,558.11 640,350.47 09/02/25 09/02/25 Purchase-Interest 3137HDJJ0 1.00 2,145.33 642,495.80 09/02/25 09/02/25 Redemption-Interest 3137HDJJ0 1.00 (2,145.34) 640,350.46 09/02/25 09/02/25 Redemption-Interest 3137HDJJ0 1.00 (2,201.38) 638,149.08 09/04/25 09/04/25 Purchase - Interest 025816CS6 1.00 3,825.00 641,974.08 09/04/25 09/04/25 Purchase - Interest 3130AK5E2 1.00 281.25 642,255.33 09/04/25 09/04/25 Purchase - Principal 3130AK5E2 1.00 150,000.00 792,255.33 09/05/25 09/05/25 Purchase - Interest 02665WFQ9 1.00 8,800.00 801,055.33 09/05/25 09/05/25 Purchase - Principal 91282CGP0 1.00 3,101,666.02 3,902,721.35 09/05/25 09/05/25 Purchase - Interest 91282CGP0 1.00 1,698.90 3,904,420.25 09/05/25 09/05/25 Redemption - Principal 91282CEV9 1.00 (3,841,652.34) 62,767.91 09/05/25 09/05/25 Redemption - Interest 91282CEV9 1.00 (23,076.77) 39,691.14 09/12/25 09/12/25 Purchase - Interest 037833DB3 1.00 11,237.50 50,928.64 09/15/25 09/15/25 Purchase - Interest 002824BM1 1.00 4,359.38 55,288.02 09/15/25 09/15/25 Purchase - Interest 084664CZ2 1.00 5,462.50 60,750.52 09/15/25 09/15/25 Purchase - Interest 09290DAA9 1.00 18,212.50 78,963.02 09/15/25 09/15/25 Purchase - Interest 02582JJZ4 1.00 771.08 79,734.10 09/15/25 09/15/25 Purchase - Interest 02582JKD1 1.00 1,786.92 81,521.02

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 2025Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
09/15/25 09/15/25 Purchase - Interest 02582JKH2 1.00 2,157.37 83,678.39 09/15/25 09/15/25 Purchase - Interest 05522RDG0 1.00 678.58 84,356.97 09/15/25 09/15/25 Purchase - Interest 05522RDH8 1.00 747.00 85,103.97 09/15/25 09/15/25 Purchase - Interest 05522RDK1 1.00 897.92 86,001.89 09/15/25 09/15/25 Purchase - Interest 14041NGB1 1.00 1,010.63 87,012.52 09/15/25 09/15/25 Purchase - Interest 14041NGD7 1.00 1,804.83 88,817.35 09/15/25 09/15/25 Purchase - Interest 14318MAD1 1.00 168.75 88,986.10 09/15/25 09/15/25 Purchase - Interest 161571HT4 1.00 1,741.50 90,727.60 09/15/25 09/15/25 Purchase - Interest 254683CY9 1.00 1,149.33 91,876.93 09/15/25 09/15/25 Purchase - Interest 254683CZ6 1.00 1,437.92 93,314.85 09/15/25 09/15/25 Purchase - Interest 31680EAD3 1.00 1,297.23 94,612.08 09/15/25 09/15/25 Purchase - Interest 344928AD8 1.00 288.97 94,901.05 09/15/25 09/15/25 Purchase - Interest 41285JAD0 1.00 346.64 95,247.69 09/15/25 09/15/25 Purchase - Interest 437921AD1 1.00 397.71 95,645.40 09/15/25 09/15/25 Purchase - Interest 58773DAD6 1.00 2,190.83 97,836.23 09/15/25 09/15/25 Purchase - Interest 65480JAC4 1.00 191.25 98,027.48 09/15/25 09/15/25 Purchase - Interest 891940AC2 1.00 497.25 98,524.73 09/15/25 09/15/25 Purchase - Interest 92970QAJ4 1.00 1,754.08 100,278.81 09/15/25 09/15/25 Purchase - Principal 002824BM1 1.00 225,000.00 325,278.81 09/15/25 09/15/25 Purchase - Principal 14318MAD1 1.00 8,833.58 334,112.39 09/15/25 09/15/25 Purchase - Principal 31680EAD3 1.00 19,051.49 353,163.88 09/15/25 09/15/25 Purchase - Principal 41285JAD0 1.00 9,124.44 362,288.32

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 2025Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
09/15/25 09/15/25 Purchase - Principal 344928AD8 1.00 6,505.96 368,794.28 09/15/25 09/15/25 Purchase - Principal 65480JAC4 1.00 5,868.90 374,663.18 09/16/25 09/16/25 Purchase - Interest 362549AD9 1.00 321.00 374,984.18 09/16/25 09/16/25 Purchase - Interest 36265QAD8 1.00 350.73 375,334.91 09/16/25 09/16/25 Purchase - Principal 36265QAD8 1.00 12,892.62 388,227.53 09/16/25 09/16/25 Purchase-Principal 891940AC2 1.00 11,734.03 399,961.56 09/18/25 09/18/25 Purchase - Interest 43815QAC1 1.00 1,074.24 401,035.80 09/18/25 09/18/25 Purchase - Principal 43815QAC1 1.00 18,837.81 419,873.61 09/22/25 09/22/25 Purchase - Interest 05594BAD8 1.00 290.00 420,163.61 09/22/25 09/22/25 Purchase - Interest 438123AC5 1.00 376.39 420,540.00 09/22/25 09/22/25 Purchase - Interest 73329KAD8 1.00 384.17 420,924.17 09/22/25 09/22/25 Purchase - Interest 92348KDY6 1.00 1,559.71 422,483.88 09/22/25 09/22/25 Purchase - Principal 438123AC5 1.00 5,260.63 427,744.51 09/23/25 09/23/25 Purchase - Interest 3137EAEX3 1.00 1,312.50 429,057.01 09/23/25 09/23/25 Purchase - Principal 3137EAEX3 1.00 700,000.00 1,129,057.01 09/25/25 09/25/25 Purchase - Interest 3137BXQY1 1.00 1,477.67 1,130,534.68 09/25/25 09/25/25 Purchase - Interest 3137F1G44 1.00 1,486.38 1,132,021.06 09/25/25 09/25/25 Purchase - Interest 3137HACX2 1.00 2,208.71 1,134,229.77 09/25/25 09/25/25 Purchase - Interest 3137HAD45 1.00 1,720.51 1,135,950.28 09/25/25 09/25/25 Purchase - Interest 3137HAMH6 1.00 3,100.00 1,139,050.28 09/25/25 09/25/25 Purchase - Interest 3137HAMS2 1.00 2,000.00 1,141,050.28 09/25/25 09/25/25 Purchase - Interest 3137HAQ74 1.00 1,975.00 1,143,025.28

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 2025Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
09/25/25 09/25/25 Purchase - Interest 3137HAST4 1.00 1,515.63 1,144,540.91 09/25/25 09/25/25 Purchase - Interest 3137HB3D4 1.00 760.35 1,145,301.26 09/25/25 09/25/25 Purchase - Interest 3137HB3G7 1.00 1,113.75 1,146,415.01 09/25/25 09/25/25 Purchase - Interest 3137HBC69 1.00 1,549.88 1,147,964.89 09/25/25 09/25/25 Purchase - Interest 3136BQDE6 1.00 1,833.89 1,149,798.78 09/25/25 09/25/25 Purchase - Interest 3137BNGT5 1.00 550.99 1,150,349.77 09/25/25 09/25/25 Purchase - Interest 3137BSP72 1.00 1,215.96 1,151,565.73 09/25/25 09/25/25 Purchase - Interest 3137BTUM1 1.00 1,016.22 1,152,581.95 09/25/25 09/25/25 Purchase - Interest 3137HBLV4 1.00 1,104.90 1,153,686.85 09/25/25 09/25/25 Purchase - Interest 3137HDJJ0 1.00 2,145.13 1,155,831.98 09/25/25 09/25/25 Purchase - Interest 3137HDV56 1.00 1,730.67 1,157,562.65 09/25/25 09/25/25 Purchase - Interest 3137HDXL9 1.00 1,873.99 1,159,436.64 09/25/25 09/25/25 Purchase - Interest 3137HKXJ8 1.00 698.25 1,160,134.89 09/25/25 09/25/25 Purchase - Principal 3137HDJJ0 1.00 52.09 1,160,186.98 09/25/25 09/25/25 Purchase - Principal 3137HAD45 1.00 453.09 1,160,640.07 09/25/25 09/25/25 Purchase - Principal 3137BTUM1 1.00 333.49 1,160,973.56 09/25/25 09/25/25 Purchase - Principal 3137BNGT5 1.00 6,305.01 1,167,278.57 09/25/25 09/25/25 Purchase - Principal 3136BQDE6 1.00 49.53 1,167,328.10 09/25/25 09/25/25 Purchase - Principal 3137HBC69 1.00 970.51 1,168,298.61 09/29/25 09/29/25 Purchase - Interest 17325FBB3 1.00 21,761.25 1,190,059.86 09/29/25 09/29/25 IP Fees August 2025 1.00 (4,191.72) 1,185,868.14 09/29/25 09/29/25 U.S. Bank Fees July 2025 1.00 (223.29) 1,185,644.85

U.S. Bancorp Asset Management, Inc.

For the Month Ending September 30, 2025Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
09/30/25 10/01/25 Accrual Income Div Reinvestment - Distributions 1.00 1,848.94 1,187,493.79 1,187,493.79
1,187,493.79
1,187,493.79
521,810.16
9,131.80

0.00 (19,247,517.09)
20,165,090.96
269,919.92
1,848.94
1,187,493.79

0.00 (3,873,490.84)
4,492,129.60
568,855.03
Monthly Distribution Yield
Average Monthly Balance
Closing Balance
Fiscal YTDMonth of
Cash Dividends and Income
Closing Balance
Check Disbursements
Redemptions (Excl. Checks)
Purchases
Opening Balance
Closing Balance
September January-September

4.36%

U.S. Bancorp Asset Management, Inc.
20)
Adoption of 2025 California Codes
Open the Public Hearing, receive testimony, if any, and continue consideration of this item off-calendar.

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Damaris Abraham, Community Development Director Date:October 28, 2025
Subject:Adoption of 2025 California Codes
Recommendation
Open the Public Hearing, receive testimony, if any, and continue consideration of this item off- calendar.

Discussion
The State's Health and Safety Code requires local governments to adopt the most recent editions related to construction model codes. The construction codes include the California Building, Residential, Plumbing, Mechanical, Energy, Green Building Standards, Electrical Codes, and other related codes.

Due to the scope of the changes and the revisions needed to address those changes, staff is recommending that this matter be continued off-calendar. Staff will bring this item for consideration before the City Council at a future meeting date once all the changes are addressed.

Community Development
21)
City Council Vacancy
Consider the applications received from six applicants to fill the District 4 Council Member vacancy, receive public comment, and nominate and vote to appoint one of the candidates to fill the District 4 Council Member vacancy in accordance with the established selection procedure.

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Candice Alvarez, MMC, City Clerk
Date:October 28, 2025
Subject:City Council Vacancy
Recommendation
Consider the applications received from six applicants to fill the District 4 Council Member vacancy, receive public comment, and nominate and vote to appoint one of the candidates to fill the District 4 Council Member vacancy in accordance with the established selection procedure.

Background
On September 8, 2025, former Council Member Natasha Johnson (District 4) submitted her resignation from the City Council. The resignation was effective immediately, thereby creating a vacancy on the City Council. Pursuant to applicable law, the vacancy must be filled by appointment or the City Council must call a special election within 60 days.

Pursuant to City Council Policy No. 200-11, the City Council took immediate steps towards filling the vacancy. A Notice of City Council Vacancy was posted.

At the regular meeting of September 23, 2025, the City Council determined to proceed to filling the vacancy by appointment. The Council also selected Mayor Tisdale and Mayor Pro Tem Magee to serve as the subcommittee to review applications and interview the applicants. A two-week application period was provided during which six (6) applications were received. The subcommittee conducted applicant interviews on Friday, October 17, 2025.

City Council Vacancy

2 1
4 4
Discussion
Staff recommends that, following the staff report, the City Council receive public comments. At the conclusion of public comments. Each applicant will be invited to make a 3-minute statement.

After the candidates’ statements, the City Council will have the opportunity to ask questions and make comments, followed by the nomination process.

Mayor Tisdale will open nominations for the Council Member (District 4) position. Once all nominations are received, Mayor Tisdale will close nominations and request that the City Clerk conduct a roll-call vote. Each Council Member will vote by announcing their first choice.

The candidate who receives an affirmative vote of a majority of the members present and voting shall be appointed to fill the vacancy. An abstention is a “non-vote” and does not count “for” or “against” a motion. The candidate who receives a majority affirmative vote will be appointed to fill the City Council vacancy and will be sworn into office at the next regular City Council meeting on November 18, 2025. The person appointed to fill the vacancy will hold office until the next general municipal election in November 2026, and the candidate who is elected at that election is sworn into office. The person elected to fill the vacancy will hold office for the unexpired balance of the District 4 Council Member term until December 2028.

If no candidate receives a majority affirmative vote, the City Clerk will invite a motion to reopen nominations. Any Council Member may make a motion to reopen nominations. This motion requires a second and a majority vote.

If a majority of the City Council does not vote to reopen nominations and the City Council is deadlocked on an appointment, the item must be continued to a special meeting, with direction to the City Clerk to prepare the necessary documentation to call a special election. The special meeting to call the special election must be held on or before November 7, 2025, in order to meet the statutory deadline. The special election will be set for June 2, 2025.

Pursuant to the Council Policy and as directed by the City Council, the subcommittee has determined that two applicants are extremely well qualified and recommends their consideration to the full City Council:

Michael Carroll and Timarie Wooley
Copies of the applications completed by each of the six applicants are attached.

Fiscal Impact
Costs incurred of filling the vacancy by appointment are limited to staff time. If a special election is called to fill the vacancy, the costs of the election from the Riverside County Registrar of Voters Office are estimated to be $32,000.

City Council Vacancy

2 1
4 4
Attachments
Attachment 1 - Applications
City Clerk's Office
Interview Dates and Times: If the Appointment Committee opts to conduct interviews, the interview date, time, and location will be provided, and participation in scheduled interviews, if held, is required.

BEFORE COMPLETING THE FOLLOWING APPLICATION:

NOMINATION SIGNATURES OF VOTING RESIDENTS:

A completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore must be attached to this application to be considered for appointment. Because the vacant seat represents District 4 of the City of Lake Elsinore, any voter who signs the nomination form must reside in District 4 of the City of Lake Elsinore.

Voter signatures will be verified by the City Clerk' s Department.

PERSONAL
First Name*
Michael
Last Name*
Carroll
Phone Number* Email Address*
Home Address*
City*

LAKE ELSINORE
State*
CA
Zip Code*
92530

EMPLOYMENT
Employer*
Nucor Rebar Fabrication
Title*
District Sales Manager
City*
Lakeside
Industry*
Rebar
Dates Employed
9/4/ 2023 10/ 3/2025
Employer Title
City Industry
Dates Employed

EDUCATION
College/ University Attended
Name/ Location)
Major
Interdisciplinary Studies -
Multi Disciplinary Studies
Degree
Bachelors
Year Completed
2012
Licenses or Special Certificates Held
Contractor' s license and pesticide licenses.

CIVIC EXPERIENCE
Prior or Current Civic Experience
City of Lake Elsinore Planning Commission
Office Held
Chair, Vice Chair, Member
mm/ dd/ yyyy mm/ dd/ yyyy
Dates of Service/ Membership
Shore Point HOA President
Dates of Service/ Membership
California Land Conservancy Board Member
Dates of Service/ Membership
Prior or Current Civic Experience Office Held
Dates of Service/ Membership

QUESTIONNAIRE
How long have you been a resident of hte City of Lake Elsinore?* I have been a resident for about 20 years
Are you currently a registered voter int he City of Lake Elsinore?*
When was the last time you voted?*
Aug. 2025
Month and Year)
Do you have previous experience as a City Council Member? 7/19/ 2016 10/ 3/2025
1/1/ 2019 10/ 3/2025
3/1/ 2019 10/ 3/2025
mm/ dd/ yyyy mm/ dd/ yyyy
Yes
No
If yes, what term( s) did you serve?
Are you currently serving or have you served on a City of Lake Elsinore Board, Commission, or Committee?*
If yes, which ones, and what dates did you serve?
City of Lake Elsinore Planning Commission 2015- Current What skills or attributes can you bring to the City?*
I bring a strong combination of public service experience, business development expertise, and practical leadership that I believe would be valuable to the City. My 10 years of service on the Planning Commission have given me firsthand knowledge of Lake Elsinore’ s growth, challenges, and opportunities, and taught me the importance of balancing development with preserving the character of our community.

In addition to this role, I serve as President of my Homeowners Association and as a Board Member of the California Land Conservancy, and I previously served on the Board of the Lake Elsinore Valley Education Foundation. These leadership positions have strengthened my ability to listen to diverse perspectives, build consensus, and make decisions that reflect the best interests of the community. I also stay actively engaged through youth sports, coaching my son’s baseball team and my daughter ’s softball team — an experience that allows me to give back and stay connected with local families.

Professionally, I work as a District Sales Manager in business development, where I focus on fostering economic growth, building strategic partnerships, and managing teams to deliver results. Having owned my business, I also understand the challenges small businesses face and the importance of creating an environment where they can succeed.

Most importantly, I approach every responsibility with integrity, collaboration, and a long- term perspective. I greatly respect the progress the current Council has made in strengthening our economy, infrastructure, and quality of life, and I am committed to building on that momentum. My goal is to ensure Lake Elsinore remains a place where businesses can thrive, families can grow, and residents can feel proud to call home.

Briefly describe your current or last occupation.*
I currently serve as a District Sales Manager for a Fortune 100 company in the steel industry. In this role, I manage sales operations, build strategic partnerships, and lead teams to achieve growth across the region. It requires strong leadership, problem- solving, and the ability to balance the needs of both the company and our customers.

Describe your involvement in community activities, volunteer and civic organizations.* I have been actively involved in our community through both civic service and volunteer activities. For the past 10 years, I have served as a Planning Commissioner for the City of Lake Elsinore, helping guide decisions on growth and development. I also serve as President of my Homeowners Association, on the Board of the California Land Conservancy, and previously served on the Board of the Lake Elsinore Valley Education Foundation.

In addition, I stay involved in community life by supporting local charities through golf tournaments, fundraisers, and events. I also volunteer as an assistant coach for my son’s baseball team and my daughter’ s softball team, which allows me to give back, support our youth, and stay connected with local families.

Yes
How would you work with other Council Members to resolve disagreements and achieve consensus?* I believe the best way to resolve disagreements is through respect, active listening, and a focus on common goals. One of the strengths of our current Council is how well its members work together, and that has not gone unnoticed in the community. I value that collaborative spirit and plan to carry it forward, always keeping a “community first” perspective at the heart of every decision.

When disagreements arise, I would approach discussions with an open mind, seeking to understand all perspectives before reaching a conclusion. Building consensus requires not only working effectively with fellow Council Members, but also engaging city staff, community partners, and residents in the process. By fostering collaborative relationships across all levels, we can ensure that decisions are thoughtful, inclusive, and in the best long- term interest of Lake Elsinore.

Even when differences remain, I would remain professional, constructive, and committed to moving forward together. My focus will always be on strengthening partnerships, respecting diverse viewpoints, and working toward solutions that benefit our entire community.

What, in your understanding, is a conflict of interest, and as a City Council Member, how would you respond if you have a conflict of interest on an issue that comes before the City Council?* A conflict of interest exists when a Council Member ’s personal, financial, or professional interests could improperly influence — or appear to influence — their decision- making on City matters. If I were to face a conflict of interest, I would immediately disclose it, remain transparent with the Council and the public, and recuse myself from any discussion or vote on that matter.

Just as important, I believe there should be no conflicts with City staff or our community partners. Maintaining open, honest, and collaborative relationships ensures that trust remains at the center of everything we do. As a Council Member, I would always put the community’ s interests first, and I would hold myself accountable to the highest standards of fairness and integrity.

The City has a Code of Ethics and Conduct for Elected and Appointed Officials, as well as attendance requirements that all elected and appointed members are required to follow. Do you have concerns in either of these areas? If so, please describe.* I have no concerns with the City’s Code of Ethics and Conduct or the attendance requirements. I believe both are essential for ensuring accountability, transparency, and public trust. In my years of service on the Planning Commission, as President of my HOA, and through my work with other organizations, I have consistently demonstrated a commitment to showing up, staying engaged, and holding myself to high ethical standards.

I also believe that ethics and accountability extend beyond the Council dais. It is equally important to maintain professional, collaborative, and conflict- free relationships with City staff and our community partners. By respecting these standards, Council Members can work more effectively together, continue the positive progress that the current Council has achieved, and keep the community’ s interests at the forefront of every decision.

As a candidate for the City Council of the City of Lake Elsinore, I submit the following statement on why I am interested in serving as a City Council Member.*
I am seeking the opportunity to serve on the Lake Elsinore City Council because I care deeply about the future of our community and believe my experience has prepared me to contribute in a meaningful way. For the past 10 years, I have served as a Planning Commissioner, helping guide responsible growth while protecting the character of our City. I also serve as President of my Homeowners Association, on the Board of the California Land Conservancy, and have previously served on the Board of the Lake Elsinore Valley Education Foundation. These roles have given me valuable experience in leadership, consensus building, and community- focused decision- making.

Professionally, I am a District Sales Manager for a Fortune 100 company in the rebar industry. In this role, I lead teams, manage operations, and build strategic partnerships. Having also owned and operated my own business in the past, I understand the challenges small businesses face and the importance of creating a supportive environment where they can thrive.

Equally important to me is direct involvement in our community. I stay engaged by supporting local charities, participating in community events, and volunteering as an assistant coach for my son’s baseball team and my daughter ’s softball team.

These experiences keep me grounded in what matters most — the families, businesses, and residents who make Lake Elsinore such a special place to call home.

I respect the progress that the current City Council has made in strengthening our economy, infrastructure, and quality of life, and I want to continue building on that momentum. If elected, I will bring a collaborative spirit, integrity, and a community- first perspective to every decision, ensuring Lake Elsinore remains a place where businesses prosper, families flourish, and residents are proud of their city.

COUNCIL MEETINGS: I understand that Council Members are expected to attend City Council meetings, which are regularly scheduled on the 2nd and 4th Tuesday of each month. I also understand Closed Session begins at 5 p.m. ( or as otherwise noticed on the Agenda), followed by Open Session at 7 p. m. Agendas for all City Council meetings are posted outside City Hall and published on the City' s website at www. lake- elsinore. org.

OUTSIDE AGENCY APPOINTMENTS: I understand that Council Members are expected to represent the City of Lake Elsinore on various outside agencies’ boards as agreed upon by the City Council.

COUNCIL COMPENSATION: I understand that Council Members receive compensation of $ 1, 600. 00 per month Ordinance 1497).

CITY EMPLOYMENT: I am not employed by the City of Lake Elsinore.

I do not have any family members employed by the City of Lake Elsinore.

I do have one or more family member( s) employed by the City of Lake Elsinore, namely ( list name( s) and department( s))
EMPLOYMENT OF RELATIVES: Select one:*
Family Member Name( s) and department( s)
DISCLOSURE OF ECONOMIC INTERESTS: I understand that Council Members are subject to the conflict of interest laws of the State of California. If appointed I will submit, as required by law, the Fair Political Practices Commission ( FPPC) Form 700, “ Statement of Economic Interests,” within 30 days of assuming office, annually thereafter, and within 30 days of leaving office. More information is available at http:// www. fppc. ca. gov/ Form700. html
ETHICS TRAINING REQUIREMENT: I understand that Council Members are subject to the compensation and ethics laws of the State of California. If appointed I will, as required by law, take two hours or more of training in ethics principles and laws, and file a signed certificate of completion with the City Clerk, within 30 calendar days of assuming office, and every two years thereafter. More information is available at https:// www. fppc. ca. gov/ learn/ public- officials- andemployees- rules-/ ethics- traini NOMINATION SIGNATURES OF VOTING RESIDENTS: I understand that to be considered for appointment, I must attach to this application a completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore. Because the vacant seat represents the City of Lake Elsinore at large, any voter in Lake Elsinore may sign the nomination form. Voter signatures will be verified by the City Clerk' s Office.* Signatures for Michael Carroll. pdf
I hereby certify that all statements made in this application are true and complete. I understand that any false or misleading statements made in this application shall be grounds for immediate disqualification. I legally reside in the City of Lake Elsinore. I am 18 years of age or older. In compliance with State law, I understand that I will be required to file a Statement of Economic Interests upon appointment to office and annually thereafter. I understand that my application and materia
Signature*
Michael Carroll
Please type your full name.

Interview Dates and Times: If the Appointment Committee opts to conduct interviews, the interview date, time, and location will be provided, and participation in scheduled interviews, if held, is required.

BEFORE COMPLETING THE FOLLOWING APPLICATION:

NOMINATION SIGNATURES OF VOTING RESIDENTS:

A completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore must be attached to this application to be considered for appointment. Because the vacant seat represents District 4 of the City of Lake Elsinore, any voter who signs the nomination form must reside in District 4 of the City of Lake Elsinore.

Voter signatures will be verified by the City Clerk' s Department.

PERSONAL
First Name*
Nicole
Last Name*
Dailey
Phone Number* Email Address*
Home Address*
City*
Lake Elsinore
State*
California
Zip Code*
92530

EMPLOYMENT
Employer*
Dailey Strategies LLC
Title*
President
City*
Lake Elsinore
Industry*
Government; Public Relations
Dates Employed
10/ 15/ 2024 10/ 7/2025
Employer
City of Canyon Lake
Title
City Manager
City
Canyon Lake
Industry
Local Government
Dates Employed

EDUCATION
College/ University Attended
Name/ Location)
Major Degree Year Completed
Pepperdine University Business Administration MBA 2015
San Diego State University Communications, Minor
Political Science
BA 2005
Licenses or Special Certificates Held
Certificate in Mastering AI in Business Strategies -
University of Miami ( 2025)

CIVIC EXPERIENCE
Prior or Current Civic Experience
City of Lake Elsinore - Staff
Office Held
Deputy City
Manager/ Assistant to the
City Manager
2/1/ 2023 3/31/ 2024
Dates of Service/ Membership
Elsinore Womans Club Board Member, Newsletter
and Member
Dates of Service/ Membership
Lake Elsinore Downtown Merchants Association Chair
Dates of Service/ Membership
Lake Elsinore Unified School District Citizen Oversight Committee - Measure V and Measure T
Chair
Dates of Service/ Membership

QUESTIONNAIRE
How long have you been a resident of hte City of Lake Elsinore?* 26 Are you currently a registered voter int he City of Lake Elsinore?*
When was the last time you voted?*
November 2024
Month and Year)
Do you have previous experience as a City Council Member? 5/21/ 2009 5/12/ 2022
9/1/ 2013 10/ 8/2025
10/ 1/ 2015 10/ 1/2021
9/25/ 2025 10/ 7/2025
Yes
No
If yes, what term( s) did you serve?
Are you currently serving or have you served on a City of Lake Elsinore Board, Commission, or Committee?*
If yes, which ones, and what dates did you serve?
Public Safety Advisory Committee ( 2007- 2011)
What skills or attributes can you bring to the City?*
I bring more than 20 years of professional experience in local government in Riverside and San Bernardino counties, including 10 years in City government. This makes me uniquely qualified to easily transition into this short- term seat with little to no training for this role. Additionally, I am a visionary, collaborative leader with strong communication and public speaking skills who is passionate about local government and the City of Lake Elsinore. I have established relationships with stakeholders throughout Riverside County and within the City of Lake Elsinore. Other skills including strategic planning, local government policy and program development, grant and legislative advocacy, and local government budgeting.

Briefly describe your current or last occupation.*
Currently, I own a boutique government consulting firm specializing in strategic communication, public relations, and public affairs, serving cities, special districts, and private sector clients. Previously, I served as City Manager for the City of Canyon Lake and Deputy City Manager for the City of Lake Elsinore, where I worked in the City Manager' s Office with the City Council for nine years.

Describe your involvement in community activities, volunteer and civic organizations.* I have been an active member of the Lake Elsinore community for nearly 20 years, participating in a wide range of non- profit organizations, volunteer positions, and city events and activities. Examples include serving as a board member and a current member of the Lake Elsinore Women' s Club, Chair of the Downtown Merchants Association for many years, and on the RTA Southwest T-Now. Equally important is that I am a proud graduate of the Lake Elsinore Unified School District.

Most recently, I served on the citizen committee for the Yes on Measure T campaign in November, and I am currently serving as Chair of the Citizens' Oversight Committee for Measures T and V.

How would you work with other Council Members to resolve disagreements and achieve consensus?* I am recognized as a collaborative leader. Having worked in City government for the last 10 years, I have seen firsthand the importance of civility, respect, and consensus among an elected body. I would start by actively listening and considering all points of view before sharing my perspective, in a respectful manner. City Councils are powerful in that they bring together individuals with different backgrounds for thoughtful discussions, allowing them to arrive at the best solution for the City overall. As the newest member for a short time, I believe it will be critically important not to come in with any particular opinions and to work closely with city staff and the City Council to best carry forward policy and strategic decisions that impact the entire community, not just a single district. This means taking a more proactive role, when needed, but mostly following the lead of the existing council members and respecting their long- standing experience with the City.

Yes
What, in your understanding, is a conflict of interest, and as a City Council Member, how would you respond if you have a conflict of interest on an issue that comes before the City Council?* A conflict interest is when someone will gain financially or in other ways based on a vote, decision, or action of the City Council. For example, if I voted favorably for a project that may in some way be connected to my consulting business in which I am earning compensation for a favorable result or initiating a park project just down the street from my house.

Initially, I would intend in working closely with the City Attorney to identify any existing conflicts of interest upon securing the seat and moving forward I would consult with the City Attorney any time I may feel their could be a conflict of interest related to my business or home or nearby planned improvement. If so, I would disclose the conflict of interest publicly and rightfully recuse myself from any discussions or votes related to the potential conflict.

The City has a Code of Ethics and Conduct for Elected and Appointed Officials, as well as attendance requirements that all elected and appointed members are required to follow. Do you have concerns in either of these areas? If so, please describe.* None. I am prepared to adhere to all requirements related to this position.

As a candidate for the City Council of the City of Lake Elsinore, I submit the following statement on why I am interested in serving as a City Council Member.*
Mayor Tisdale and Members of the City Council, I respectfully request your consideration for appointment to the vacant seat serving District 4. I have grown up in the City of Lake Elsinore and have been a resident here for the last 36 years, this includes living in District 4 for all of these years. In addition, I have extensive experience working for the City of Lake Elsinore once as a Public Safety Advisory Commissioner and, most recently, on staff. In these roles, I have demonstrated my passion and commitment to make Lake Elsinore a world- class city and to be a part of fulfilling the City Council' s vision to become the ultimate lake destination where all can live, work, and play, build futures and fulfill dreams. I believe in this vision and it would be an honor to serve alongside each of you to do so. As a working mom, raising four children in the City and with many family and friends in the City and District 4, I seek to get back to the basics with an emphasis on increasing awareness about the City, addressing blight and infrastructure needs throughout the City, continuing your progress on the lake' s water quality, and seeking new and innovative ways to instill community pride and connection amongst our residents, staff, regional partners, and the Council. I will strive to always put the community first. I am prepared to serve professionally and faithfully as your partner in supporting staff and reaching the City' s ultimate potential while also reminding our community why we are the City that DREAMS EXTREME. It would be an honor to be considered and I look forward to the opportunity to share more.

COUNCIL MEETINGS: I understand that Council Members are expected to attend City Council meetings, which are regularly scheduled on the 2nd and 4th Tuesday of each month. I also understand Closed Session begins at 5 p.m. ( or as otherwise noticed on the Agenda), followed by Open Session at 7 p. m. Agendas for all City Council meetings are posted outside City Hall and published on the City' s website at www. lake- elsinore. org.

OUTSIDE AGENCY APPOINTMENTS: I understand that Council Members are expected to represent the City of Lake Elsinore on various outside agencies’ boards as agreed upon by the City Council.

COUNCIL COMPENSATION: I understand that Council Members receive compensation of $ 1, 600. 00 per month Ordinance 1497).

CITY EMPLOYMENT: I am not employed by the City of Lake Elsinore.

I do not have any family members employed by the City of Lake Elsinore.

I do have one or more family member( s) employed by the City of Lake Elsinore, namely ( list name( s) and department( s))
EMPLOYMENT OF RELATIVES: Select one:*
Family Member Name( s) and department( s)
DISCLOSURE OF ECONOMIC INTERESTS: I understand that Council Members are subject to the conflict of interest laws of the State of California. If appointed I will submit, as required by law, the Fair Political Practices Commission ( FPPC) Form 700, “ Statement of Economic Interests,” within 30 days of assuming office, annually thereafter, and within 30 days of leaving office. More information is available at http:// www. fppc. ca. gov/ Form700. html
ETHICS TRAINING REQUIREMENT: I understand that Council Members are subject to the compensation and ethics laws of the State of California. If appointed I will, as required by law, take two hours or more of training in ethics principles and laws, and file a signed certificate of completion with the City Clerk, within 30 calendar days of assuming office, and every two years thereafter. More information is available at https:// www. fppc. ca. gov/ learn/ public- officials- andemployees- rules-/ ethics- traini NOMINATION SIGNATURES OF VOTING RESIDENTS: I understand that to be considered for appointment, I must attach to this application a completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore must be attached to this application to be considered for appointment.

Because the vacant seat represents District 4 of the City of Lake Elsinore, any voter who signs the nomination form must reside in District 4 of the City of Lake Elsinore. Voter signatures will be verified by the City Clerk' s Department.* N. Dailey . pdf
I hereby certify that all statements made in this application are true and complete. I understand that any false or misleading statements made in this application shall be grounds for immediate disqualification. I legally reside in the City of Lake Elsinore. I am 18 years of age or older. In compliance with State law, I understand that I will be required to file a Statement of Economic Interests upon appointment to office and annually thereafter. I understand that my application and materia
Signature*
Nicole Marie Dailey
Please type your full name.

Interview Dates and Times: If the Appointment Committee opts to conduct interviews, the interview date, time, and location will be provided, and participation in scheduled interviews, if held, is required.

BEFORE COMPLETING THE FOLLOWING APPLICATION:

NOMINATION SIGNATURES OF VOTING RESIDENTS:

A completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore must be attached to this application to be considered for appointment. Because the vacant seat represents District 4 of the City of Lake Elsinore, any voter who signs the nomination form must reside in District 4 of the City of Lake Elsinore.

Voter signatures will be verified by the City Clerk' s Department.

PERSONAL
First Name*
Jason
Last Name*
Devor
Phone Number* Email Address*
Home Address*
City*
Lake Elsinore
State*
California
Zip Code*
92530

EMPLOYMENT
Employer*
Hit Print
Title*
CEO
City*
Lake Elsinore
Industry*
Marketing
Dates Employed
12/ 1/ 2020 10/ 7/2025
Employer
Hit Home Realty
Title
CEO
City
Lake Elsinore
Industry
Real Estate
Dates Employed

EDUCATION
College/ University Attended
Name/ Location)
Major Degree Year Completed
Licenses or Special Certificates Held
Real Estate License

CIVIC EXPERIENCE
Prior or Current Civic Experience
City of Lake Elsinore – Planning Commission
Office Held
Planning Commissioner
2/6/ 2018 10/ 7/2025
Dates of Service/ Membership
Prior or Current Civic Experience Office Held
Dates of Service/ Membership
Prior or Current Civic Experience Office Held
Dates of Service/ Membership
Prior or Current Civic Experience Office Held
Dates of Service/ Membership

QUESTIONNAIRE
How long have you been a resident of hte City of Lake Elsinore?* 10 Years
Are you currently a registered voter int he City of Lake Elsinore?*
When was the last time you voted?*
November 2024
Month and Year)
Do you have previous experience as a City Council Member? 12/ 10/ 2024 10/ 7/2025
mm/ dd/ yyyy mm/ dd/ yyyy
mm/ dd/ yyyy mm/ dd/ yyyy
mm/ dd/ yyyy mm/ dd/ yyyy
Yes
No
If yes, what term( s) did you serve?
Are you currently serving or have you served on a City of Lake Elsinore Board, Commission, or Committee?*
If yes, which ones, and what dates did you serve?
Planning Commission
What skills or attributes can you bring to the City?*
I bring a results oriented leadership style built on accountability, collaboration, and strategic decision making. As the owner of multiple local businesses, I manage budgets, contracts, and personnel while navigating regulations and delivering consistent value to clients. These skills translate directly to city governance, where fiscal responsibility and clear communication are critical. My experience balancing community expectations with operational realities has prepared me to make practical, informed decisions that respect both residents and resources. I am also skilled in building partnerships that turn goals into outcomes, a quality essential for advancing projects and strengthening public trust. My commitment to transparency, followthrough, and long term vision reflects exactly what residents deserve from their local government.

Ultimately, I am deeply invested in Lake Elsinore’ s success. My personal, professional, and civic commitments are all centered here, and I am dedicated to advancing policies that allow our community to grow responsibly and prosperously.

Briefly describe your current or last occupation.*
I am the owner and broker of Hit Home Realty and the founder of Hit Print, both based in Lake Elsinore. In these roles, I lead diverse teams, oversee operational budgets, manage compliance with state and local regulations, and coordinate complex projects that require precision and accountability. My daily work involves setting clear priorities, evaluating data, and making decisions that impact both employees and the community. These responsibilities mirror the discipline needed for public service, where collaboration, policy understanding, and financial stewardship guide every action.

Describe your involvement in community activities, volunteer and civic organizations.* Serving as a Planning Commissioner for the City of Lake Elsinore has strengthened my understanding of local governance, development policy, and public process. I have participated in reviewing land use projects, ensuring that growth aligns with the city’s vision and benefits residents both economically and environmentally. Beyond this, I have led and sponsored community events such as the Riverside County Carnival, Bubble and Bouncer Bash, and Ultimate Nerf Gun Battle, and more; each created to strengthen civic engagement and showcase the best of Lake Elsinore. Through ongoing partnerships with local nonprofits like the Dream Center, I have helped provide school supplies to hundreds of children annually. My volunteerism is driven by a belief that civic progress begins with participation and that leadership means being present, accessible, and invested in every layer of the community.

How would you work with other Council Members to resolve disagreements and achieve consensus?* Successful governance depends on disciplined collaboration. I believe that even the most challenging discussions can produce productive outcomes when approached with respect, preparation, and focus on the city’s shared goals. My leadership style prioritizes active listening and fact- based reasoning. In business, I routinely mediate between competing interests to find equitable solutions that maintain relationships and achieve measurable progress. I would bring that same approach to the council, seeking to understand before advocating and always placing the public’s interest above personal preference. When disagreements arise, I focus on data, policy alignment, and the broader community impact to guide decisions. My goal would always be unity through integrity and transparency.

Yes
What, in your understanding, is a conflict of interest, and as a City Council Member, how would you respond if you have a conflict of interest on an issue that comes before the City Council?* A conflict of interest exists when an elected official’s personal or financial interests could reasonably be perceived as influencing their public decisions. I view integrity as the foundation of effective leadership. If a potential conflict were to arise, I would immediately disclose the matter to the City Attorney, provide full transparency to the public, and recuse myself from the discussion and vote. As both a business owner and public servant, I understand the importance of maintaining clear ethical boundaries. The residents of Lake Elsinore deserve complete confidence that every council action is guided solely by what benefits the city. I would hold myself to the highest standard of honesty and accountability to preserve that trust.

The City has a Code of Ethics and Conduct for Elected and Appointed Officials, as well as attendance requirements that all elected and appointed members are required to follow. Do you have concerns in either of these areas? If so, please describe.* I have no concerns regarding the City’s Code of Ethics and Conduct or its attendance requirements. I view these expectations as essential to maintaining public trust and ensuring the consistent, transparent operation of government. I have always conducted both my professional and civic responsibilities with integrity, accountability, and respect for procedure. I understand the importance of consistent attendance and active participation, and I am fully committed to meeting and exceeding those standards.

As a candidate for the City Council of the City of Lake Elsinore, I submit the following statement on why I am interested in serving as a City Council Member.*
Lake Elsinore is not just where I live; it is where I have invested my time, energy, and purpose for more than a decade. I have built businesses here, raised my family here, and dedicated myself to strengthening this community through service, events, and partnerships that unite residents and create pride in our city. Serving as a Planning Commissioner has given me a clear understanding of how policy decisions shape neighborhoods, influence local business, and guide the city’s long- term vision.

I want to serve on the City Council to ensure that growth is responsible, communication is transparent, and decisions are made with the best interests of residents in mind. I bring a leadership style rooted in accountability, collaboration, and action. I understand how to balance budgets, evaluate complex issues, and make choices that create lasting value.

Most importantly, I care deeply about Lake Elsinore’ s future. I am fully invested in seeing our city thrive and will work tirelessly to help it reach its full potential.

COUNCIL MEETINGS: I understand that Council Members are expected to attend City Council meetings, which are regularly scheduled on the 2nd and 4th Tuesday of each month. I also understand Closed Session begins at 5 p.m. ( or as otherwise noticed on the Agenda), followed by Open Session at 7 p. m. Agendas for all City Council meetings are posted outside City Hall and published on the City' s website at www. lake- elsinore. org.

OUTSIDE AGENCY APPOINTMENTS: I understand that Council Members are expected to represent the City of Lake Elsinore on various outside agencies’ boards as agreed upon by the City Council.

COUNCIL COMPENSATION: I understand that Council Members receive compensation of $ 1, 600. 00 per month Ordinance 1497).

CITY EMPLOYMENT: I am not employed by the City of Lake Elsinore.

I do not have any family members employed by the City of Lake Elsinore.

I do have one or more family member( s) employed by the City of Lake Elsinore, namely ( list name( s) and department( s))
EMPLOYMENT OF RELATIVES: Select one:*
Family Member Name( s) and department( s)
DISCLOSURE OF ECONOMIC INTERESTS: I understand that Council Members are subject to the conflict of interest laws of the State of California. If appointed I will submit, as required by law, the Fair Political Practices Commission ( FPPC) Form 700, “ Statement of Economic Interests,” within 30 days of assuming office, annually thereafter, and within 30 days of leaving office. More information is available at http:// www. fppc. ca. gov/ Form700. html
ETHICS TRAINING REQUIREMENT: I understand that Council Members are subject to the compensation and ethics laws of the State of California. If appointed I will, as required by law, take two hours or more of training in ethics principles and laws, and file a signed certificate of completion with the City Clerk, within 30 calendar days of assuming office, and every two years thereafter. More information is available at https:// www. fppc. ca. gov/ learn/ public- officials- andemployees- rules-/ ethics- traini NOMINATION SIGNATURES OF VOTING RESIDENTS: I understand that to be considered for appointment, I must attach to this application a completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore. Because the vacant seat represents the City of Lake Elsinore at large, any voter in Lake Elsinore may sign the nomination form. Voter signatures will be verified by the City Clerk' s Office.* Jason Devor Distrcit 4 Signatures. pdf
I hereby certify that all statements made in this application are true and complete. I understand that any false or misleading statements made in this application shall be grounds for immediate disqualification. I legally reside in the City of Lake Elsinore. I am 18 years of age or older. In compliance with State law, I understand that I will be required to file a Statement of Economic Interests upon appointment to office and annually thereafter. I understand that my application and materia
Signature*
Jason Devor
Please type your full name.

Interview Dates and Times: If the Appointment Committee opts to conduct interviews, the interview date, time, and location will be provided, and participation in scheduled interviews, if held, is required.

BEFORE COMPLETING THE FOLLOWING APPLICATION:

NOMINATION SIGNATURES OF VOTING RESIDENTS:

A completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore must be attached to this application to be considered for appointment. Because the vacant seat represents District 4 of the City of Lake Elsinore, any voter who signs the nomination form must reside in District 4 of the City of Lake Elsinore.

Voter signatures will be verified by the City Clerk' s Department.

PERSONAL
First Name*
Lisa
Last Name*
Orr
Phone Number* Email Address*
Home Address*
City*
Lake Elsinore
State*
CA
Zip Code*
92530

EMPLOYMENT
Employer*
Lake Elsinore Unified School District
Title*
Special Education Paraeducator III
City*
Lake Elsinore
Industry*
Education
Dates Employed
1/8/ 2025 10/ 6/2025
Employer
Cambrian Home Care
Title
Respite Care Provider
City
Sun City
Industry
Healthcare
Dates Employed

EDUCATION
College/ University Attended
Name/ Location)
Major
Kinesiology, Applied Health
and Nutrition
Degree
Associate
Year Completed
2025
MiraCosta College,
Oceanside, CA
Licenses or Special Certificates Held

CIVIC EXPERIENCE
Prior or Current Civic Experience
Measure Z Citizen Committee
Office Held
Vice Chair
Dates of Service/ Membership
7/5/ 2020 5/1/ 2025
5/8/ 2025 10/ 6/2025
Prior or Current Civic Experience Office Held
Dates of Service/ Membership
Prior or Current Civic Experience Office Held
Dates of Service/ Membership
Prior or Current Civic Experience Office Held
Dates of Service/ Membership

QUESTIONNAIRE
How long have you been a resident of hte City of Lake Elsinore?* 38 years
Are you currently a registered voter int he City of Lake Elsinore?*
When was the last time you voted?*
August 2025
Month and Year)
Do you have previous experience as a City Council Member? If yes, what term( s) did you serve? mm/ dd/ yyyy mm/ dd/ yyyy
mm/ dd/ yyyy mm/ dd/ yyyy
mm/ dd/ yyyy mm/ dd/ yyyy
Yes
No
Are you currently serving or have you served on a City of Lake Elsinore Board, Commission, or Committee?*
If yes, which ones, and what dates did you serve?
Measure Z Citizens Committee
What skills or attributes can you bring to the City?*
I have knowledge of council policy and procedure, experience in fiscal oversight, hands- on public service experience, and collaborative leadership skills. My education in Public Health has given me unique insight on how local policies impact our community’ s wellbeing. I am an effective communicator and I value respectful dialogue, transparency and data informed decision making.

Briefly describe your current or last occupation.*
I currently work at a K- 8 school in a moderate to severe special needs classroom. In this role I work closely with other staff members to implement individual education plans, meet the medical needs of students, manage behaviors, support classroom instruction, and create an inclusive learning environment.

Describe your involvement in community activities, volunteer and civic organizations.* I have been a volunteer at local elementary schools for over a decade. I have assisted educators with daily tasks, chaperoned field trips, served on the PTA board, and did step by step art instruction. Last year, I helped children send out over 200 Christmas cards to local veterans, first responders and active duty Marines. I plan to continue this in the future.

I have volunteered on several political campaigns as well as volunteering at local offices which included registering voters, informing the public of policy, current events and facilitating communication between citizens and elected officials.

How would you work with other Council Members to resolve disagreements and achieve consensus?* I believe respectful dialogue and collaboration is paramount when disagreements arise. Having productive discussions and the ability to see others’ perspectives during discourse is an important part of local governance.

I recognize that consensus does not always mean full agreement but a commitment to move forward with the community’ s best interests in mind.

In my experience I have learned to facilitate productive discussions, balance differing opinions and keep decisions grounded in facts and public benefit.

What, in your understanding, is a conflict of interest, and as a City Council Member, how would you respond if you have a conflict of interest on an issue that comes before the City Council?* A conflict of interest is when a council member has a person, financial, or material interest in a decision that is brought before the council. This also includes when a council member could just appear to benefit personally, financially or materially.

The policy for conflicts of interest state to contact the city attorney for further advice. The city attorney will advise if recusal is necessary. If a conflict exists or appears to exist I would follow the City Attorney’ s advice which would include disclosing the conflict publicly, recusing myself from the discussion or voting. This maintains transparency and public trust.

The City has a Code of Ethics and Conduct for Elected and Appointed Officials, as well as attendance requirements that all elected and appointed members are required to follow. Do you have concerns in either of these areas? If so, please describe.* No concerns.

Yes
As a candidate for the City Council of the City of Lake Elsinore, I submit the following statement on why I am interested in serving as a City Council Member.*
As a candidate for the City Council of the City of Lake Elsinore, District 4, I am committed to serving our community with dedication, professionalism and a commitment to collaboration.

My work and volunteering with the School District demonstrates that I have strong communication skills, empathy and patience. These qualities equip me to represent the diverse needs of our residents effectively.

I am currently pursuing my degree in Public Heath after receiving my degree in Kinesiology, Applied Health and Nutrition.

My education has given me unique insight into how local policies affect our community’ s overall wellbeing.

In my role as Vice Chair of the Measure Z Citizens Committee I gained experience in fiscal oversight, building consensus among stakeholders, and maintaining transparent communication.

I am eager to serve on the council to ensure that residents’ voices are heard. I am also eager to help resolve pressing issues such as homelessness, traffic, property crime, violent crime and cost of living concerns.

My goal is to support a cohesive council, that fosters thoughtful development and promote solutions grounded in facts to strengthen the quality of life for our residents.

My approach is non- partisan, collaborative, and most importantly, respectful. I am focused on the long- term interests of our community.

COUNCIL MEETINGS: I understand that Council Members are expected to attend City Council meetings, which are regularly scheduled on the 2nd and 4th Tuesday of each month. I also understand Closed Session begins at 5 p.m. ( or as otherwise noticed on the Agenda), followed by Open Session at 7 p. m. Agendas for all City Council meetings are posted outside City Hall and published on the City' s website at www. lake- elsinore. org.

OUTSIDE AGENCY APPOINTMENTS: I understand that Council Members are expected to represent the City of Lake Elsinore on various outside agencies’ boards as agreed upon by the City Council.

COUNCIL COMPENSATION: I understand that Council Members receive compensation of $ 1, 600. 00 per month Ordinance 1497).

CITY EMPLOYMENT: I am not employed by the City of Lake Elsinore.

I do not have any family members employed by the City of Lake Elsinore.

I do have one or more family member( s) employed by the City of Lake Elsinore, namely ( list name( s) and department( s))
EMPLOYMENT OF RELATIVES: Select one:*
Family Member Name( s) and department( s)
DISCLOSURE OF ECONOMIC INTERESTS: I understand that Council Members are subject to the conflict of interest laws of the State of California. If appointed I will submit, as required by law, the Fair Political Practices Commission ( FPPC) Form 700, “ Statement of Economic Interests,” within 30 days of assuming office, annually thereafter, and within 30 days of leaving office. More information is available at http:// www. fppc. ca. gov/ Form700. html
ETHICS TRAINING REQUIREMENT: I understand that Council Members are subject to the compensation and ethics laws of the State of California. If appointed I will, as required by law, take two hours or more of training in ethics principles and laws, and file a signed certificate of completion with the City Clerk, within 30 calendar days of assuming office, and every two years thereafter. More information is available at https:// www. fppc. ca. gov/ learn/ public- officials- andemployees- rules-/ ethics- traini NOMINATION SIGNATURES OF VOTING RESIDENTS: I understand that to be considered for appointment, I must attach to this application a completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore. Because the vacant seat represents the City of Lake Elsinore at large, any voter in Lake Elsinore may sign the nomination form. Voter signatures will be verified by the City Clerk' s Office.* Nomination. pdf
I hereby certify that all statements made in this application are true and complete. I understand that any false or misleading statements made in this application shall be grounds for immediate disqualification. I legally reside in the City of Lake Elsinore. I am 18 years of age or older. In compliance with State law, I understand that I will be required to file a Statement of Economic Interests upon appointment to office and annually thereafter. I understand that my application and materia
Signature*
Lisa Rochelle Orr
Please type your full name.

Interview Dates and Times: If the Appointment Committee opts to conduct interviews, the interview date, time, and location will be provided, and participation in scheduled interviews, if held, is required.

BEFORE COMPLETING THE FOLLOWING APPLICATION:

NOMINATION SIGNATURES OF VOTING RESIDENTS:

A completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore must be attached to this application to be considered for appointment. Because the vacant seat represents District 4 of the City of Lake Elsinore, any voter who signs the nomination form must reside in District 4 of the City of Lake Elsinore.

Voter signatures will be verified by the City Clerk' s Department.

PERSONAL
First Name*
Everardo
Last Name*
tello
Phone Number* Email Address*
Home Address*
City*
Lake Elsinore
State*
CA
Zip Code*
92530

EMPLOYMENT
Employer*
Self Employed
Title*
CEO
City*
Chino CA
Industry*
Logistics
Dates Employed
12/ 20/ 2021 10/ 7/2025
Employer
Winner Circle Athletics
Title
CEO
City
Corona
Industry
youth athletics
Dates Employed

EDUCATION
College/ University Attended
Name/ Location)
Major Degree Year Completed
Arizona State University Criminal Justice Bachelor 2012 Licenses or Special Certificates Held

CIVIC EXPERIENCE
Prior or Current Civic Experience
Include memberships in Professional, charitable, or
community organizations.)
Office Held
Dates of Service/ Membership
8/1/ 2017 4/1/ 2021
mm/ dd/ yyyy mm/ dd/ yyyy
Prior or Current Civic Experience Office Held
Dates of Service/ Membership
Prior or Current Civic Experience Office Held
Dates of Service/ Membership
Prior or Current Civic Experience Office Held
Dates of Service/ Membership

QUESTIONNAIRE
How long have you been a resident of hte City of Lake Elsinore?* Ive been a resident for over 9 Years now
Are you currently a registered voter int he City of Lake Elsinore?*
When was the last time you voted?*
11/ 2024
Month and Year)
Do you have previous experience as a City Council Member? If yes, what term( s) did you serve? mm/ dd/ yyyy mm/ dd/ yyyy
mm/ dd/ yyyy mm/ dd/ yyyy
mm/ dd/ yyyy mm/ dd/ yyyy
Yes
No
Are you currently serving or have you served on a City of Lake Elsinore Board, Commission, or Committee?*
If yes, which ones, and what dates did you serve?
What skills or attributes can you bring to the City?*
I believe I can bring a variety of different attributes to the city with the various different companies I've been apart of growing and scaling to new heights. I feel very strongly about youth sports and how it can impact a young child' s life for the better as someone once did that for me. I believe in leadership, self discipline, teamwork and I thrive with like minded individuals to achieve a goal bigger than themselves. I believe God has blessed me with the ability to think outside the box to solve problems in a variety of different fashions. I have the ability to put my pride aside in decisions making and be able to view and take in everyone' s views and come up with a decision that majority can agree upon.

Briefly describe your current or last occupation.*
My Partner and I specialize in the Commercial Storage Space that cater to the Logistical Industry needs. We strategically open locations for our Logistical partners and build to suit.

Describe your involvement in community activities, volunteer and civic organizations.* Being a former D1 Athlete, I've donated 10 years of coaching offensive lineman at local high schools such as Norco High, Centennial High, Roosevelt High & Santiago High. When I was in the Nutrition business we would host heath seminars for our community and student athletes on a monthly basis. We even had the pleasure of sponsoring all the listed high schools with free shirts for the athletics programs as well as sponsoring Home Gardens Elementary with free sweaters for all students during the winter months. Unfortunately it is a heavy gang area, so we chose a neutral color so that students would feel safer walking home after school.

I was recognized for my community involvement with the Community Unity Award, and Principal for the Day at Centennial High School, among other awards.

How would you work with other Council Members to resolve disagreements and achieve consensus?* I believe everyone has a different point of view and a brings unique experiences and expertise to the table. I would encourage all to state their opinions and see how we can come to an agreement as a whole as to what best suits the community.

What, in your understanding, is a conflict of interest, and as a City Council Member, how would you respond if you have a conflict of interest on an issue that comes before the City Council?* a conflict of interest occurs when one party personally benefits from decisions made in their professional space.

Should a conflict of interest arise that involves myself, I would notify the other council members and recommend I opt out of voting on that particular issue.

The City has a Code of Ethics and Conduct for Elected and Appointed Officials, as well as attendance requirements that all elected and appointed members are required to follow. Do you have concerns in either of these areas? If so, please describe.* I do not have any concerns.

As a candidate for the City Council of the City of Lake Elsinore, I submit the following statement on why I am interested in serving as a City Council Member.*
I am interested in serving as a City Council Member for the city of Lake Elsinore because I want to see my city thrive. I have resided in Lake Elsinore for over 9 years and am raising my family here. I would love to see our city grow, bring and keep revenue in our city, expand on youth programs, and improve community engagement.

No
COUNCIL MEETINGS: I understand that Council Members are expected to attend City Council meetings, which are regularly scheduled on the 2nd and 4th Tuesday of each month. I also understand Closed Session begins at 5 p.m. ( or as otherwise noticed on the Agenda), followed by Open Session at 7 p. m. Agendas for all City Council meetings are posted outside City Hall and published on the City' s website at www. lake- elsinore. org.

OUTSIDE AGENCY APPOINTMENTS: I understand that Council Members are expected to represent the City of Lake Elsinore on various outside agencies’ boards as agreed upon by the City Council.

COUNCIL COMPENSATION: I understand that Council Members receive compensation of $ 1, 600. 00 per month Ordinance 1497).

CITY EMPLOYMENT: I am not employed by the City of Lake Elsinore.

I do not have any family members employed by the City of Lake Elsinore.

I do have one or more family member( s) employed by the City of Lake Elsinore, namely ( list name( s) and department( s))
EMPLOYMENT OF RELATIVES: Select one:*
Family Member Name( s) and department( s)
DISCLOSURE OF ECONOMIC INTERESTS: I understand that Council Members are subject to the conflict of interest laws of the State of California. If appointed I will submit, as required by law, the Fair Political Practices Commission ( FPPC) Form 700, “ Statement of Economic Interests,” within 30 days of assuming office, annually thereafter, and within 30 days of leaving office. More information is available at http:// www. fppc. ca. gov/ Form700. html
ETHICS TRAINING REQUIREMENT: I understand that Council Members are subject to the compensation and ethics laws of the State of California. If appointed I will, as required by law, take two hours or more of training in ethics principles and laws, and file a signed certificate of completion with the City Clerk, within 30 calendar days of assuming office, and every two years thereafter. More information is available at https:// www. fppc. ca. gov/ learn/ public- officials- andemployees- rules-/ ethics- traini NOMINATION SIGNATURES OF VOTING RESIDENTS: I understand that to be considered for appointment, I must attach to this application a completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore must be attached to this application to be considered for appointment.

Because the vacant seat represents District 4 of the City of Lake Elsinore, any voter who signs the nomination form must reside in District 4 of the City of Lake Elsinore. Voter signatures will be verified by the City Clerk' s Department.* Everardo Adam Tello nomination signatures. pdf
I hereby certify that all statements made in this application are true and complete. I understand that any false or misleading statements made in this application shall be grounds for immediate disqualification. I legally reside in the City of Lake Elsinore. I am 18 years of age or older. In compliance with State law, I understand that I will be required to file a Statement of Economic Interests upon appointment to office and annually thereafter. I understand that my application and materia
Signature*
Everardo Adam Tello
Please type your full name.

Interview Dates and Times: If the Appointment Committee opts to conduct interviews, the interview date, time, and location will be provided, and participation in scheduled interviews, if held, is required.

BEFORE COMPLETING THE FOLLOWING APPLICATION:

NOMINATION SIGNATURES OF VOTING RESIDENTS:

A completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore must be attached to this application to be considered for appointment. Because the vacant seat represents District 4 of the City of Lake Elsinore, any voter who signs the nomination form must reside in District 4 of the City of Lake Elsinore.

Voter signatures will be verified by the City Clerk' s Department.

PERSONAL
First Name*
Timarie
Last Name*
Wooley
Phone Number* Email Address*
Home Address*
City*
Lake Elsinore
State*
CA
Zip Code*
92530

EMPLOYMENT
Employer*
Murrieta/ Wildomar Chamber of Commerce
Title*
Member Engagement Specialist
City*
Murrieta
Industry*
Chamber of Commerce
Dates Employed
10/ 3/ 2023 10/ 6/2025
Employer
City of Murrieta
Title
Recreation Aide
City
Murrieta
Industry
Local Government
Dates Employed

EDUCATION
College/ University Attended
Name/ Location)
Major Degree Year Completed
California State University
Los Angeles
Business Administration
with a concentration in
Leadership
Master of Science 2024
California State University
Los Angeles
Business Administration
with a concentration in
Management/ Leadership
and a Minor in Finance
Bachelor of Science 2020
Licenses or Special Certificates Held

CIVIC EXPERIENCE
9/1/ 2022 12/ 3/2023
Prior or Current Civic Experience
Measure Z Citizens Committee
Office Held
Dates of Service/ Membership
Prior or Current Civic Experience Office Held
Dates of Service/ Membership
Prior or Current Civic Experience Office Held
Dates of Service/ Membership
Prior or Current Civic Experience Office Held
Dates of Service/ Membership

QUESTIONNAIRE
How long have you been a resident of hte City of Lake Elsinore?* I have been a permanent resident for five years but my immediate family has lived in the city for 28 years Are you currently a registered voter int he City of Lake Elsinore?*
2/15/ 2024 mm/ dd/ yyyy
mm/ dd/ yyyy mm/ dd/ yyyy
mm/ dd/ yyyy mm/ dd/ yyyy
mm/ dd/ yyyy mm/ dd/ yyyy
Yes
When was the last time you voted?*
9/2025
Month and Year)
Do you have previous experience as a City Council Member? If yes, what term( s) did you serve? Are you currently serving or have you served on a City of Lake Elsinore Board, Commission, or Committee?*
If yes, which ones, and what dates did you serve?
Measure Z
What skills or attributes can you bring to the City?*
As a committed civic leader with a strong background in community engagement, business development, and public service, I would bring a well- rounded and results- driven perspective to the City Council of Lake Elsinore. In my current role as a Member Engagement Specialist at the Murrieta/ Wildomar Chamber of Commerce, I’ve had the opportunity to work closely with local and state elected officials, strengthening relationships that bridge the gap between government and the business community. This role has equipped me with the skills to advocate for small businesses, support economic development, and implement strategic initiatives that foster local growth. Additionally, my previous experience working for the City of Murrieta in the Community Services Department gave me a strong understanding of municipal operations, the application of municipal code, and the vital role local government plays in creating inclusive, well- served communities. I have hands- on experience coordinating impactful events, supporting business owners, and building public- private partnerships that align with city development goals. My service as a Commissioner on the Measure Z Citizens Committee further demonstrates my commitment to fiscal responsibility, transparency, and government accountability. With a Master ’s degree in Business Administration and a deep- rooted passion for serving the community I call home, I am ready to bring collaborative leadership, thoughtful decision- making, and a strong sense of civic duty to the Lake Elsinore City Council.

Briefly describe your current or last occupation.*
In my current role as a Member Engagement Specialist at the Murrieta/ Wildomar Chamber of Commerce, I focus on building and maintaining strong relationships with local businesses, helping them access resources, understand their benefits, and stay connected to the community. I support member retention and recruitment efforts, coordinate outreach strategies, and work closely with the Chamber team to enhance engagement through events, programs, and advocacy.

My role also involves collaborating with local and state elected officials to ensure our business community stays informed and represented. Additionally, the Chamber plays a critical role in advocating for small businesses by monitoring legislation, voicing concerns to policymakers, and partnering with other chambers and business coalitions to influence public policy that supports economic growth and reduces barriers for local entrepreneurs.

No
Yes
Describe your involvement in community activities, volunteer and civic organizations.* I have remained actively involved in a variety of community activities, civic initiatives, and volunteer efforts that reflect my strong commitment to public service and improving the quality of life for residents in the region.

Currently, I serve as a Commissioner on the Measure Z Citizens Committee for the City of Lake Elsinore. In this role, I assist in reviewing and reporting on the City' s expenditures related to Measure Z funds. This experience has deepened my understanding of municipal finance and strengthened my commitment to transparency, accountability, and effective local governance.

Through my work at the Murrieta/ Wildomar Chamber of Commerce, I have collaborated with local nonprofits, business leaders, and community organizations to support small business development and organize community events. These efforts have allowed me to build strong partnerships that enhance civic engagement, economic opportunity, and regional collaboration.

In addition, I volunteered for the Riverside County Point- in- Time Count, a county- wide effort to identify and document individuals experiencing homelessness. Participating in this important initiative gave me firsthand insight into the housing and social service needs within our community and reinforced my dedication to supporting vulnerable populations through advocacy and informed policymaking.

My commitment to service began early in life. As a youth, I was a member of a service- oriented organization affiliated with the Freemasons, which instilled in me the values of civic responsibility, leadership, and a deep love for this country. That early foundation continues to shape my approach to community involvement and public service today.

Together, these roles have allowed me to remain deeply connected to the needs, challenges, and aspirations of our residents. They also reflect my ongoing dedication to fostering a stronger, more inclusive, and forward- thinking community.

How would you work with other Council Members to resolve disagreements and achieve consensus?* I believe that effective governance relies on respectful collaboration, open communication, and a shared commitment to serving the best interests of the community. When disagreements arise, I would approach them with a mindset focused on listening first, understanding the perspectives of my fellow Council Members, and identifying the underlying values or concerns driving those differences.

My background in chamber leadership, civic service, and community development has taught me the importance of building relationships based on mutual respect, even when opinions differ. I would work to create an environment where healthy debate is encouraged, and where decisions are made based on facts, community input, and long- term impacts, not personal agendas.

To achieve consensus, I would focus on common goals, seek areas of alignment, and propose solutions that consider diverse viewpoints while staying rooted in what benefits Lake Elsinore as a whole. I believe in diplomacy, transparency, and the value of compromise when it moves the city forward without compromising core principles.

Ultimately, I see the role of a Council Member as a collaborator and bridge- builder, and I would bring a calm, professional, and solutions- oriented approach to every discussion.

What, in your understanding, is a conflict of interest, and as a City Council Member, how would you respond if you have a conflict of interest on an issue that comes before the City Council?* A conflict of interest occurs when a City Council Member has a personal, financial, or other private interest that could improperly influence, or appear to influence, their official duties and decision- making. This could involve direct financial gain, relationships with parties involved, or any situation where impartiality might be compromised.

As a City Council Member, I understand the importance of maintaining public trust by acting ethically and transparently. If I encountered a conflict of interest on an issue before the Council, I would promptly disclose the nature of the conflict publicly on the record, recuse myself from the discussion and any related votes, and comply fully with all applicable laws, regulations, and city policies.

The City has a Code of Ethics and Conduct for Elected and Appointed Officials, as well as attendance requirements that all elected and appointed members are required to follow. Do you have concerns in either of these areas? If so, please describe.* I have no concerns regarding the City’s Code of Ethics and Conduct or the attendance requirements for elected and appointed officials. I believe these standards are essential for maintaining public trust and ensuring effective governance.

Additionally, I understand the importance of regular attendance and active participation in meetings. I take these responsibilities seriously and am fully committed to fulfilling all expectations should I be selected to serve. Upholding both the ethical and procedural standards of the City aligns closely with my values and approach to public service.

As a candidate for the City Council of the City of Lake Elsinore, I submit the following statement on why I am interested in serving as a City Council Member.*
Having grown up with my family living in Lake Elsinore for most of my life, I have a deep personal connection to this community and a heartfelt commitment to its future. My professional experience working closely with local businesses, elected officials, and community organizations has given me a strong understanding of the opportunities and challenges our city faces. I am passionate about leveraging my skills in community engagement, economic development, and public service to help shape policies that promote sustainable growth, enhance quality of life, and ensure that Lake Elsinore remains a welcoming and thriving place for all residents. Serving on the City Council would allow me to give back to the community that has given so much to me and my family, and to work collaboratively with fellow leaders to build a stronger, more vibrant Lake Elsinore for generations to come.

COUNCIL MEETINGS: I understand that Council Members are expected to attend City Council meetings, which are regularly scheduled on the 2nd and 4th Tuesday of each month. I also understand Closed Session begins at 5 p.m. ( or as otherwise noticed on the Agenda), followed by Open Session at 7 p. m. Agendas for all City Council meetings are posted outside City Hall and published on the City' s website at www. lake- elsinore. org.

OUTSIDE AGENCY APPOINTMENTS: I understand that Council Members are expected to represent the City of Lake Elsinore on various outside agencies’ boards as agreed upon by the City Council.

COUNCIL COMPENSATION: I understand that Council Members receive compensation of $ 1, 600. 00 per month Ordinance 1497).

CITY EMPLOYMENT: I am not employed by the City of Lake Elsinore.

I do not have any family members employed by the City of Lake Elsinore.

I do have one or more family member( s) employed by the City of Lake Elsinore, namely ( list name( s) and department( s))
EMPLOYMENT OF RELATIVES: Select one:*
Family Member Name( s) and department( s)
DISCLOSURE OF ECONOMIC INTERESTS: I understand that Council Members are subject to the conflict of interest laws of the State of California. If appointed I will submit, as required by law, the Fair Political Practices Commission ( FPPC) Form 700, “ Statement of Economic Interests,” within 30 days of assuming office, annually thereafter, and within 30 days of leaving office. More information is available at http:// www. fppc. ca. gov/ Form700. html
ETHICS TRAINING REQUIREMENT: I understand that Council Members are subject to the compensation and ethics laws of the State of California. If appointed I will, as required by law, take two hours or more of training in ethics principles and laws, and file a signed certificate of completion with the City Clerk, within 30 calendar days of assuming office, and every two years thereafter. More information is available at https:// www. fppc. ca. gov/ learn/ public- officials- andemployees- rules-/ ethics- traini NOMINATION SIGNATURES OF VOTING RESIDENTS: I understand that to be considered for appointment, I must attach to this application a completed nomination form containing original ink signatures of at least 20 individuals who reside in and are registered to vote in the City of Lake Elsinore. Because the vacant seat represents the City of Lake Elsinore at large, any voter in Lake Elsinore may sign the nomination form. Voter signatures will be verified by the City Clerk' s Office.* Lake Elsinore Signatures. pdf
I hereby certify that all statements made in this application are true and complete. I understand that any false or misleading statements made in this application shall be grounds for immediate disqualification. I legally reside in the City of Lake Elsinore. I am 18 years of age or older. In compliance with State law, I understand that I will be required to file a Statement of Economic Interests upon appointment to office and annually thereafter. I understand that my application and materia
Signature*
Timarie Page Wooley
Please type your full name.