Lake Elsinore City Council
July 28, 2026

City of Lake Elsinore                                        Meeting Date:

City Council Meeting                                          July 28, 2026 Agenda
Cultural Center                                                 Meeting Time:
183 N. Main Street                                             Closed Session: 5:00 PM Lake Elsinore, CA 92530                                   Open Session: 7:00 PM And via Zoom
Mayor Magee
Mayor Pro Tem Sheridan
Council Member Tisdale
Council Member Manos
Michael Carroll
Welcome
The City of Lake Elsinore appreciates your attendance and participation. Citizens’ comments, input, and interests provide the City Council with valuable information regarding community issues.

Meeting Information
Meetings are held on the 2nd and 4th Tuesdays of every month, and the agenda is posted outside City Hall 72 hours prior to each meeting. The agenda and related reports are also available on the City’s website at www.Lake-Elsinore.org.

Attendance
Members of the public may attend this meeting in person or remotely via Zoom. Meetings are conducted in person at the Lake Elsinore Cultural Center, televised live on Spectrum Cable Station Channel 29 and Frontier Cable Channel 31, streamed online at http://www.lake-elsinore.org/city-government/city-council/webcastvideos, and remotely via Zoom. If you are attending the meeting in person, please park in the parking lot across the street from the Cultural Center to assist us in limiting the impact of meetings on the Downtown Business District. Thank you for your cooperation. Join the meeting via the Zoom application or call in at 1- 699-254-5252 and press pound (#) and enter Meeting ID 875 3516 9232 and passcode 807641.

Public Comments – Addressing the City Council
We respectfully ask those interested in addressing the City Council to either submit a request to speak online at http://www.lake-elsinore.org/city-government/agendas-and-minutes or submit a completed “Request to Speak” form to the City Clerk at the meeting. This Form is available on the table located inside the Council Chamber. Public comment may be provided during the Public Comment portion(s) of the meeting or to address specific agenda items, subject to the time limits and procedures announced by the Mayor or Presiding Officer. Members of the public wishing to provide comments on Agenda items must note the item on the “Request to Speak” form. Persons requesting to speak will be called to address the City Council when the applicable item is considered by the City Council during the meeting. Members of the public who wish to speak remotely should follow the instructions provided in the Zoom meeting and/or announced by staff at the meeting. Speakers are subject to the same time limits and decorum requirements as in-person speakers. Inperson speakers will be called to speak, followed by remote speakers.

Written Communications
If you would like to submit written comments, you may do so prior to the meeting either by entering them online at the link above or emailing them to the City Clerk at [email protected]. Any written communications or additional documents distributed to the City Council within 72 hours of the meeting will also be made available to the public in accordance with Government Code Section 54957.5.

Language Access
Translated agenda materials and meeting information, if required, are available at http://www.lakeelsinore.org/city-government/agendas-and-minutes. For language assistance or interpretation requests, please contact the City Clerk at [email protected].

Accessibility Accommodations
In compliance with the Americans with Disabilities Act, any person with a disability who requires a modification or accommodation in order to participate in a meeting should contact the City Clerk’s Department at (951) 674- 3124, Option 6, at least 48 hours before the meeting to make reasonable arrangements to ensure accessibility.

Dream Extreme 2040 is the City’s FIRST long-term strategic plan to assist the City in its pursuit of achieving its vision. The plan is a living document that will be updated regularly and serve as the framework to guide all decision-making over the next 20 years by identifying key Anchors, Aspirations, and Strategies.

Our Vision is that the City of Lake Elsinore will be the ultimate destination where all can live, work, play, build futures, and fulfill dreams.

The Anchors are the City of Lake Elsinore’s unique community assets and opportunities: The Lake, Downtown, and Action and Adventure.

Our Aspirations are broad, long-term goals that encapsulate what we hope to achieve in Lake Elsinore’s future. The City has identified 4 key aspirations to work towards.

Items on the agenda that align with Aspirations from the Dream Extreme 2040 Plan are noted by the Aspiration’s icon to highlight City Council actions that help the City pursue its goals.

To read the plan and learn more about its implementation, visit www.Lake-Elsinore.org/DreamExtreme2040.

City Council Agenda July 28, 2026
City of Lake Elsinore Page 2
CALL TO ORDER - 5:00 P.M.

The regular meetings of the City Council and the Successor Agency will be called to order.

ROLL CALL
PUBLIC COMMENTS ON CLOSED SESSION ITEMS
CITY COUNCIL CLOSED SESSION
CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Recommendation:
(Gov’t Code Section 54956.8)
Property: APN’s 371-090-022, 003, 004, 371-150-010 & 371-160-007 Agency negotiator: City Manager Simpson
Negotiating parties: City of Lake Elsinore and GMB Land, LLC/Steve Galvez
Under negotiation: Price and terms of payment
CONFERENCE WITH LEGAL COUNSEL--ANTICIPATED LITIGATION
Recommendation:

Initiation of litigation pursuant to paragraph (4) of subdivision (d) of Section 54956.9: 1 potential case
SUCCESSOR AGENCY CLOSED SESSION
CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Recommendation:
(Gov’t Code Section 54956.8)
Property: APNs 373-210-040 and 373-210-042
Agency negotiators: Executive Director Simpson, Assistant Executive Director Buckley, and Agency Counsel Leibold
Negotiating parties: Successor Agency of the Redevelopment Agency of the City of Lake Elsinore and Lake Elsinore Storm LP and Golden State Concessions and Catering, Inc.

Under negotiation: Price and terms of payment
RECESS
The City Council and the Successor Agency will recess to Closed Session.

RECONVENE - 7:00 P.M.

The Regular Meetings of the City Council and the Successor Agency will reconvene.

PLEDGE OF ALLEGIANCE
ROLL CALL

1. 2.

3. 4.

4.1 4.2

5. 5.1

6. 7.

8. 9.

City Council Agenda July 28, 2026
City of Lake Elsinore Page 3
CLOSED SESSION REPORT

PRESENTATIONS/CEREMONIALS
Business in Action Monthly Spotlight for July 2026 – Precision Concepts Recommendation:

Recognize Precision Concepts as the City of Lake Elsinore’s Business in Action Monthly Spotlight for July 2026.

CalFire 2026 Second Quarter Statistical Update
Recommendation:

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 1 MINUTE
(Please read & complete a Request to Address the City Council/Successor Agency form prior to the start of the meeting and turn it in to the City Clerk/Clerk.  The Mayor/Chair or City Clerk/Clerk will call on you to speak.)
CITY COUNCIL CONSENT CALENDAR
Minutes of the Regular City Council Meeting of July 14, 2026 Recommendation:

Approve the Minutes.

CC Warrant Report Dated June 15, 2026 to June 21, 2026
Recommendation:

Receive and file.

CC Warrant Report Dated June 22, 2026 to June 28, 2026
Recommendation:

Receive and file.

CC Investment Report for June 2026
Recommendation:

Receive and file the Investment Report for June 2026.

Agreement for Equipment Purchase and Services with Moleaer for Lake Water Quality Equipment
Recommendation:

Approve and authorize the City Manager to execute an Equipment Purchase and Services Agreement with Moleaer, Inc. for the purchase of custom water treatment system since it is a non-replicable, in an amount not to exceed $6,765,000 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 $676,500 for uncertainties and adjustments; and waive the formal bidding process per Municipal Code Section 3.08.070(G).

10. 11.

11.1 11.2

12. 13.

13.1 13.2

13.3 13.4

13.5 City Council Agenda July 28, 2026
City of Lake Elsinore Page 4
Lakeshore Private Property Owners Access Agreement
Recommendation:

Approve and authorize the City Manager to execute Access Agreements with the private property owners along Lakeshore Drive between St. John Way and Manning Street for access to the property in such final form as approved by the City Attorney.

Amendment No. 1 to the Contractor Services Agreement with Reliable Rentals, Inc. for Citywide Portable Sanitation Services Recommendation:

Approve and authorize the City Manager to execute Amendment No. 1 to the Contractor Services Agreement with Reliable Rentals, Inc. for additional levee portable sanitation services and increase the compensation by an additional $2,840 for a total amount not to exceed $37,640 in such final form as approved by the City Attorney.

Amendment No. 1 to the Professional Services Agreement with Transtech Engineers, Inc. for On-Call Engineering in Support of the Public Works and Land Development Departments
Recommendation:

Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with Transtech Engineers, Inc. to support the Public Works and Land Development Departments in an amount not to exceed $150,000 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 $15,000 for uncertainties and adjustments.

Contractor Services Agreement with Cotter Construction, Inc. for the Annual Curb, Gutter & Sidewalk Repair Program (CIP Project No. Z10067) Recommendation:

Approve and authorize the City Manager to execute a Contractor Services Agreement with Cotter Construction, Inc. for the Annual Curb, Gutter & Sidewalk Repair Program in an amount not to exceed $580,000.00 per fiscal year 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 $58,000.00 for uncertainties and adjustments.

Approval of Tract Map No. 25475 for Tuscany Crest
Recommendation:

Approve Final Tract Map No. 25475, subject to City Engineer’s acceptance as being true and correct, authorize the City Clerk to sign the map and arrange for recordation, and approve and authorize the City Manager to execute the Construction of Improvement Agreements for Street Improvements and Monumentation for the Tuscany Crest project.

13.6 13.7

13.8 13.9

13.10 City Council Agenda July 28, 2026
City of Lake Elsinore Page 5
Amendment No. 1 to the Professional Services Agreement with TC Sports, Inc. for the Operation Services of Rosetta Canyon Sports Park Recommendation:

Approve and authorize the City Manager to execute Amendment No.1 to the Professional Services Agreement with TC Sports, Inc. for field maintenance of Rosetta Canyon Sports Park in an amount not to exceed $37,600.00 per year 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 for uncertainties and adjustments.

Auto Center Drive Bridge Improvement Supplement Agreement No. F013 for Federal Aid Project CPFL-5074(022) to the Administering Agency-State Master Agreement 08-5074F15
Recommendation:

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

ELSINORE, CALIFORNIA, APPROVING AND AUTHORIZING EXECUTION OF THE FEDERAL AID PROGRAM SUPPLEMENT AGREEMENT NO. F013 TO THE ADMINISTERING AGENCY-STATE MASTER AGREEMENT NO. 08-5074F15

WITH THE STATE OF CALIFORNIA DEPARTMENT OF TRANSPORTATION FOR

THE CITY PROJECT AUTO CENTER DRIVE BRIDGE IMPROVEMENT
PROJECT;

1. Authorize City Manager to sign CPFL-5074(022) Auto Center Drive Bridge Improvement Program Supplement No. F013 to the Administering Agency-State Master Agreement No. 08-5074F15 and all subsequent CPFL-5074(022) Auto Center Drive Bridge Improvement project-specific Program Supplement Agreements; and

2. Authorize the City Clerk to return the signed agreement, in duplicate, to the California Department of Transportation Office of Local Programs for execution.

3. SUCCESSOR AGENCY CONSENT CALENDAR
Minutes of the Regular Successor Agency Meeting of July 14, 2026 Recommendation:

Approve the Minutes
SA Warrant Report Dated June 15, 2026 to June 21, 2026
Recommendation:

Receive and file.

SA Warrant Report Dated June 22, 2026 to June 28, 2026
Recommendation:

Receive and file.

SA Investment Report for June 2026
Recommendation:

Receive and file the Investment Report for June 2026.

13.11 13.12

14. 14.1

14.2 14.3

14.4 City Council Agenda July 28, 2026
City of Lake Elsinore Page 6
Annual Contractor Service Agreement with AK Security Alarm, LLC for Alarm and Security Maintenance and Operation Services at the Lake Elsinore Diamond Stadium
Recommendation:

Approve and authorize the Executive Director to execute a Contractor Services Agreement with AK Security Alarm, LLC for Alarm and Security Maintenance and Operations at the Lake Elsinore Diamond Stadium in an amount not to exceed $200,000 in such final form as approved by the Agency Counsel.

PUBLIC HEARINGS
BUSINESS ITEM
Resolution Directing the City Clerk to Transmit Measure T to the City Attorney for Preparation of an Impartial Analysis for the November 3, 2026 General Municipal Election, Authorizing the Filing of a Written Argument in Favor of Measure T, and Authorizing Rebuttal Arguments
Recommendation:

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

CALIFORNIA, DIRECTING THE CITY CLERK TO TRANSMIT MEASURE T TO THE

CITY ATTORNEY FOR PREPARATION OF AN IMPARTIAL ANALYSIS OF MEASURE T IN ACCORDANCE WITH ELECTIONS CODE SECTION 9280, AUTHORIZING THE CITY

COUNCIL, OR ONE OR MORE MEMBERS OF THE CITY COUNCIL DESIGNATED BY

THE CITY COUNCIL, TO FILE A WRITTEN ARGUMENT IN FAVOR OF MEASURE T, IN ACCORDANCE WITH ELECTIONS CODE SECTION 9282, AND AUTHORIZING THE

FILING OF REBUTTAL ARGUMENTS, IF NECESSARY, IN ACCORDANCE WITH ELECTIONS CODE SECTION 9285.

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 3 MINUTES
(Please read & complete a Request to Address the City Council/Successor Agency form prior to the start of the meeting and turn it in to the City Clerk/Clerk. The Mayor/Chair or City Clerk/Clerk will call on you to speak.)
CITY MANAGER COMMENTS
CITY ATTORNEY COMMENTS
CITY COUNCIL COMMENTS/REPORTS ON MEETINGS ATTENDED

ADJOURNMENT
The Lake Elsinore City Council will adjourn to the next Regular meeting on Tuesday, August 11, 2026 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.

14.5 15.

16. 16.1

17. 18.

19. 20.

21. City Council Agenda July 28, 2026
City of Lake Elsinore Page 7
AFFIDAVIT OF POSTING
I, Candice Alvarez, MMC, City Clerk of the City of Lake Elsinore, do hereby affirm that a copy of the foregoing agenda was posted at City Hall at 5:30 p.m. on Thursday, July 23, 2026. ______________________________
Candice Alvarez, MMC, City Clerk

22. City Council Agenda July 28, 2026
City of Lake Elsinore Page 8

REPORT TO CITY COUNCIL
To: Honorable Mayor and Members of the City Council
From: Jason Simpson, City Manager
Prepared by: Barbara Leibold, City Attorney
Date: July 28, 2026
Subject: CONFERENCE WITH REAL PROPERTY NEGOTIATORS
(Gov’t Code Section 54956.8)
Property: APN’s 371-090-022, 003, 004, 371-150-010 & 371-160-007 Agency negotiator: City Manager Simpson
Negotiating parties: City of Lake Elsinore and GMB Land, LLC/Steve Galvez Under negotiation: Price and terms of payment

REPORT TO CITY COUNCIL
To: Honorable Mayor and Members of the City Council
From: Jason Simpson, City Manager
Prepared by: Barbara Leibold, City Attorney
Date: July 28, 2026
Subject: CONFERENCE WITH LEGAL COUNSEL--ANTICIPATED LITIGATION Initiation of litigation pursuant to paragraph (4) of subdivision (d) of Section 54956.9: 1 potential case

REPORT TO SUCCESSOR AGENCY
To: Honorable Chair and Members of the Successor Agency From: Jason Simpson, Executive Director
Prepared by: Barbara Leibold, Agency Counsel
Date: July 28, 2026
Subject: CONFERENCE WITH REAL PROPERTY NEGOTIATORS
(Gov’t Code Section 54956.8)
Property: APNs 373-210-040 and 373-210-042
Agency negotiators: Executive Director Simpson, Assistant Executive Director Buckley, and Agency Counsel Leibold
Negotiating parties: Successor Agency of the Redevelopment Agency of the City of Lake Elsinore and Lake Elsinore Storm LP and Golden State Concessions and Catering, Inc.

Under negotiation: Price and terms of payment

REPORT TO CITY COUNCIL
To: Honorable Mayor and Members of the City Council
From: Jason Simpson, City Manager
Prepared by: Gina Gonzalez, Director of Economic Development and Leg Affairs Date: July 28, 2026
Subject: Business in Action Monthly Spotlight for July 2026 – Precision Concepts Recommendation
Recognize Precision Concepts as the City of Lake Elsinore’s Business in Action Monthly Spotlight for July 2026.

Background
The City of Lake Elsinore's Business in Action Monthly Spotlight Program recognizes exemplary local businesses that contribute to the city's economic vitality, community engagement, and overall quality of life. For July 2026, the City is proud to recognize Precision Concepts, a worldrenowned off-road motorcycle racing and suspension company that has called Lake Elsinore home for more than three decades.

Founded in 1994, Precision Concepts has grown from a small, locally owned business into one of the most respected names in off-road motorcycle racing. Known for building championshipwinning motorcycles and delivering industry-leading suspension services, the company has earned an international reputation for innovation, quality craftsmanship, and technical excellence.

Precision Concepts has supported riders who have captured more than 50 championships across premier racing organizations, including SCORE Baja, Best in the Desert, AMA National Hare & Hound, and the iconic Lake Elsinore Grand Prix.

Beyond its success on the racecourse, Precision Concepts continues to strengthen Lake Elsinore's reputation as a premier destination for motorsports and outdoor recreation. Through its commitment to excellence, investment in the local community, and passion for advancing the sport of off-road racing, the company exemplifies the entrepreneurial spirit that drives Lake Business in Action Monthly Spotlight for July 2026 – Precision Concepts

Elsinore's business community. The City is honored to recognize Precision Concepts Racing as the July 2026 Business in Action Spotlight recipient.

Discussion
Since opening its doors in 1994, Precision Concepts has become a driving force in the off-road motorcycle industry, combining decades of experience with a relentless pursuit of performance and innovation. From its headquarters in Lake Elsinore, the company designs, builds, and services high-performance motorcycles and suspension systems trusted by professional racers, recreational riders, and championship-winning teams around the world.

What sets Precision Concepts apart is its commitment to continuous improvement and technical expertise. Every motorcycle and suspension system is tailored to maximize rider confidence, handling, and durability in the most demanding racing conditions. This dedication to excellence has established the company as a leader in the industry and a trusted partner for riders seeking the highest level of performance.

In addition to its success on the racecourse, Precision Concepts contributes to Lake Elsinore's identity as a hub for motorsports and outdoor recreation. The company's presence attracts riders, racers, and enthusiasts from across the country, supporting local tourism, strengthening the local economy, and reinforcing the city's reputation as the home of world-class off-road competition.

Precision Concepts represents the innovation, resilience, and passion that defines Lake Elsinore's business community. Through its continued investment in quality, its leadership within the off-road industry, and its positive influence on the local economy, Precision Concepts is a deserving recipient of the City's July 2026 Business in Action Monthly Spotlight.

Fiscal Impact
No Fiscal Impact.

Attachments
None.

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: July 28, 2026
Subject: CalFire 2026 Second Quarter Statistical Update

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: July 28, 2026
Subject: Minutes of the Regular City Council Meeting of July 14, 2026 Recommendation
Approve the Minutes.

Attachments
Attachment 1 – Draft Minutes
City of Lake Elsinore Meeting Date:

City Council Meeting July 14, 2026
Minutes - Draft
Meeting Time:

Closed Session: 5:00 P.M.

Mayor Magee Open Session: 7:00 P.M.

Mayor Pro Tem Sheridan
Council Member Tisdale Cultural Center
Council Member Manos 183 N. Main Street
Council Member Carroll Lake Elsinore, CA 92530
And via Zoom

1. CALL TO ORDER – 5:00 P.M.

The Regular Meetings of the City Council and the Successor Agency were called to order at 5:00 p.m.

2. ROLL CALL

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

Absent: 0 - None

3. PUBLIC COMMENTS ON CLOSED SESSION ITEMS
There were no speakers.

4. CITY COUNCIL CLOSED SESSION

5.4 CONFERENCE WITH LEGAL COUNSEL--ANTICIPATED LITIGATION Significant exposure to litigation pursuant to paragraph (2) of subdivision (d) of Gov’t Code Section 54956.9: One potential case.

Dispute regarding Public Works Construction Contract (Dated December 9, 2025) Senior Housing Electrical, Bid Set ‘D’ Project Number Z20026. The contractor, Siepker Electric, asserts it is entitled to additional compensation for labor, materials, and lost profits following the City determination to terminate the contract for convenience. City staff has disputed the claim for additional compensation.

5.5 CONFERENCE WITH REAL PROPERTY NEGOTIATORS
(Gov’t Code Section 54956.8)
Property: APNs 374-253-003, 374-253-004, 374-253-009
Agency negotiators: City Manager Simpson
Negotiating parties: City of Lake Elsinore and Cheung Danny Tak Keung Chan Karen Yoke Me, Nguyen Family Trust DTD and Nguyen Quang Xuan City Council Minutes - Draft July 14, 2026
City of Lake Elsinore Page 2

5. SUCCESSOR AGENCY CLOSED SESSION

5.1 CONFERENCE WITH REAL PROPERTY NEGOTIATORS
(Gov’t Code Section 54956.8)
Property: APNs 373-210-040 and 373-210-042
Agency negotiators: Executive Director Simpson, Assistant Executive Director Buckley, and Agency Counsel Leibold
Negotiating parties: Successor Agency of the Redevelopment Agency of the City of Lake Elsinore and Lake Elsinore Storm LP, a California limited partnership Under negotiation: Price and terms of payment

6. RECESS
The City Council and the Successor Agency recessed into Closed Session at 5:01 p.m.

7. RECONVENE - 7:00 P.M.

The Regular Meetings of the City Council and the Successor Agency reconvened at 7:00 p.m.

8. PLEDGE OF ALLEGIANCE
Mayor Magee led the Pledge of Allegiance.

9. ROLL CALL

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

Absent: 0 - None

10. CLOSED SESSION REPORT
City Attorney Leibold reported that both City Council Closed Session items and the Successor Agency item were discussed; however, no reportable action was taken.

11. PRESENTATIONS/CEREMONIALS

11.1 Elsinore Valley Municipal Water District Construction Update Nelson Nuezca, Engineering Manager, presented the update.

11.2 Riverside County Sheriff’s Office 2026 Second Quarter Statistical Update Captain Boydd introduced Sergeant Flores, Riverside Sheriff's Office, who presented the update.

12. PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 1 MINUTE
Kimberly Ryan was called to speak.

City Council Minutes - Draft July 14, 2026
City of Lake Elsinore Page 3

13. CITY COUNCIL CONSENT CALENDAR
Moved by Council Member Manos, seconded by Council Member Carroll, to approve the City Council Consent Calendar. The motion carried by the following vote:

Yes (5): Council Members Tisdale, Manos, and Carroll; Mayor Pro Tem Sheridan; and Mayor Magee
Absent (0): None
Carried (5 to 0)

13.1 Minutes of the Regular City Council Meeting of June 23, 2026 Approve the Minutes.

This item was approved on the City Council Consent Calendar.

13.2 CC Warrant Report Dated June 01, 2026 to June 07, 2026 Receive and file.

This item was approved on the City Council Consent Calendar.

13.3 CC Warrant Report Dated June 08, 2026 to June 14, 2026 Receive and file.

This item was approved on the City Council Consent Calendar.

13.4 Second Reading of an Ordinance Authorizing the Levy of Special Taxes for Annexation No. 30 Into Community Facilities District No. 2015-2 (Maintenance Services) for Tract Map (TM) 37703 (In-N-Out) Adopt by title only and waive further reading of AN ORDINANCE OF THE CITY

COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, AN ORDINANCE AMENDING ORDINANCE NO. 2016-1359 OF THE CITY COUNCIL OF THE CITY

OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2015-2 OF

THE CITY OF LAKE ELSINORE (MAINTENANCE SERVICES) AUTHORIZING THE LEVY OF SPECIAL TAXES.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft July 14, 2026
City of Lake Elsinore Page 4

13.5 Second Reading of an Ordinance Authorizing the Levy of Special Taxes for Annexation No. 32 into Community Facilities District No. 2015-2 (Maintenance Services) for Assessor’s Parcel Number (APN) 379-315-033 (Riverside Drive Apartments)
Adopt by title only and waive further reading of AN ORDINANCE AMENDING ORDINANCE NO. 2016-1359 OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2015-2 OF THE CITY OF

LAKE ELSINORE (MAINTENANCE SERVICES) AUTHORIZING THE LEVY OF SPECIAL TAXES.

This item was approved on the City Council Consent Calendar.

13.6 Second Reading of an Ordinance Amending Citrone Consulting’s Development Agreement to Revise the Community Benefit Fee Adopt 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-2026-03) FOR CITRONE CONSULTING, LOCATED AT 31889 CORYDON ROAD, UNIT 170 (APN: 370- 031-007).

This item was approved on the City Council Consent Calendar.

13.7 Public Works Construction Agreement with Edmondson Construction Co. for the City Hall Alley Improvements Project (CIP Project No. Z20006) Approve and authorize the City Manager to execute a Public Works Construction Agreement with Edmondson Construction Co. for the City Hall Alley Improvements Project (CIP Project No. Z20006) in an amount not to exceed $198,100.00 in such final form as approved by the City Attorney; authorize the City Manager to execute change orders not to exceed a 10% contingency amount of $19,810.00 for construction uncertainties and adjustments, and authorize the City Clerk to record the Notice of Completion once the work is complete and the improvements are accepted.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft July 14, 2026
City of Lake Elsinore Page 5

13.8 Community Development Block Grant (CDBG), HOME Investment Partnerships Program, and Emergency Solutions Grant for Federal Fiscal Years 2027-2028, 2028-2029, 2029-2030

1. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA, AUTHORIZING PARTICIPATION IN THE

COUNTY OF RIVERSIDE URBAN COUNTY PROGRAM FOR FISCAL
YEARS 2027-2028, 2028-2029, AND 2029-2030; and

2. Approve and authorize the Mayor to execute the revised Joint Recipient Cooperation Agreement with the County of Riverside, allowing the City to participate in the Urban County Consolidated Planning Programs.

This item was approved on the City Council Consent Calendar.

13.9 Professional Services Agreement with OpenGov, Inc. for Enterprise Asset Management (EAM) Implementation
Approve and authorize the City Manager to execute a Professional Services Agreement with OpenGov, Inc. for the implementation of Enterprise Asset Management platform in an amount not to exceed $275,160.20 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 $27,516 for uncertainties and adjustments.

This item was approved on the City Council Consent Calendar.

13.10 On-Call Agreement with Edmondson Construction Co. for Shoulder and Dirt Road Grading Services
Approve and authorize the City Manager to execute a Contractor Services On-Call Agreement with Edmondson Construction Co. for shoulder and dirt road grading in an amount not to exceed $75,000 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 $7,500 for unanticipated costs.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft July 14, 2026
City of Lake Elsinore Page 6

13.11 Public Works Construction Agreement with KRGS Roofing, Inc. for Roof Replacement on the Summerhill Park Restroom Building and Launch Pointe Bait & Tackle General Store (CIP Project Nos. Z20005 and Z40023) Approve and authorize the City Manager to execute a Public Works Construction Agreement with KRGS Roofing, Inc., for Roof Replacement at Summerhill Park Restroom Building and Launch Pointe Bait & Tackle General Store in an amount not to exceed $162,932 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 $16,293 for uncertainties and adjustments, and authorize the 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.

13.12 Professional Services Agreement with RE Consulting for Environmental Documentation for the Vista Lago Global Academy Project Approve and authorize the City Manager to execute a Professional Services Agreement with RE Consulting in an amount not to exceed $84,600 to prepare California Environmental Quality Act (CEQA) compliance documents in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

14. SUCCESSOR AGENCY CONSENT CALENDAR
Moved by Agency Member Manos, seconded by Agency Member Carroll, to approve the Successor Agency Consent Calendar. The motion carried by the following vote:

Yes (5): Agency Members Tisdale, Manos, and Carroll; Vice Chair Sheridan; and Chair Magee
Absent (0): None
Carried (5 to 0)

14.1 Minutes of the Regular Successor Agency Meeting of June 23, 2026 Approve the Minutes.

This item was approved on the Successor Agency Consent Calendar.

14.2 SA Warrant Report Dated June 01, 2026 to June 07, 2026 Receive and file.

This item was approved on the Successor Agency Consent Calendar.

City Council Minutes - Draft July 14, 2026
City of Lake Elsinore Page 7

14.3 SA Warrant Report Dated June 08, 2026 to June 14, 2026 Receive and file.

This item was approved on the Successor Agency Consent Calendar.

14.4 Amendment No. 1 to the Agreement with West Coast Arborists, Inc. (WCA) for Annual Citywide Tree Maintenance Services at Lake Elsinore Diamond Stadium to Apply a 3.20% Consumer Price Index
Approve and authorize the Executive Director to execute Amendment No. 1 to the Contractor Services Agreement with West Coast Arborists, Inc. for Annual Citywide Tree Maintenance Services at Lake Elsinore Diamond Stadium to apply a 3.20% Consumer Price Index (CPI) adjustment and increase compensation by an additional $960 for a total amount not to exceed $30,960 in such final form as approved by the Agency Attorney.

This item was approved on the Successor Agency Consent Calendar.

15. PUBLIC HEARINGS

15.1 Citywide Landscaping and Street Lighting District and the Landscaping and Street Lighting Maintenance District No. 1 for Fiscal Year 2026-27

1. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA, CONFIRMING A DIAGRAM AND ASSESSMENT

AND PROVIDING FOR ANNUAL ASSESSMENT LEVY AFTER FORMATION OF A DISTRICT FOR FISCAL YEAR 2026-27 FOR THE CITYWIDE
LANDSCAPE AND LIGHTING MAINTENANCE DISTRICT (LLMD); and

2. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA, CONFIRMING A DIAGRAM AND ASSESSMENT

AND PROVIDING FOR ANNUAL ASSESSMENT LEVY AFTER FORMATION OF A DISTRICT FOR FISCAL YEAR 2026-27 FOR THE LANDSCAPE AND LIGHTING MAINTENANCE DISTRICT NO.1.

The Public Hearing was opened at 7:28 p.m.

City Clerk Alvarez noted that no written requests were received.

Shane Spicer presented the staff report.

There were no speakers.

The Public Hearing was closed at 7:31 p.m.

City Council Minutes - Draft July 14, 2026
City of Lake Elsinore Page 8
Moved by Council Member Tisdale, seconded by Mayor Pro Tem Sheridan to adopt the two Resolutions. The motion carried by the following vote:

Yes (5): Council Members Tisdale, Manos, and Carroll; Mayor Pro Tem Sheridan; and Mayor Magee
Absent (0): None
Carried (5 to 0)

15.2 Approve Placing Delinquent Nuisance Abatement Charges on the Tax Roll Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA, ORDERING CONFIRMATION OF THE SPECIAL

ASSESSMENTS AGAINST PARCELS OF LAND WITHIN THE PUBLIC
NUISANCE ABATEMENT COSTS FOR THE FISCAL YEAR 2026-27.

The Public Hearing was opened at 7:32 p.m.

City Clerk Alvarez noted that no written requests were received.

Shane Spicer presented the staff report.

There were no speakers.

The Public Hearing was closed at 7:34 p.m.

Moved by Council Member Carroll, seconded by Council Member Manos to adopt the Resolution. The motion carried by the following vote:

Yes (5): Council Members Tisdale, Manos, and Carroll; Mayor Pro Tem Sheridan; and Mayor Magee
Absent (0): None
Carried (5 to 0)

15.3 Approve Placing Delinquent Refuse Bills on the FY 2026-2027 Tax Roll Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA AFFIRMING THE REPORT OF DELINQUENT

RESIDENTIAL REFUSE FEES AND DIRECTING THEIR COLLECTION ON THE PROPERTY TAX ROLLS.

The Public Hearing was opened at 7:35 p.m.

City Clerk Alvarez noted that no written requests were received.

City Manager Simpson presented the staff report.

There were no speakers.

City Council Minutes - Draft July 14, 2026
City of Lake Elsinore Page 9
The Public Hearing was closed at 7:38 p.m.

Moved by Council Member Tisdale, seconded by Mayor Pro Tem Sheridan to adopt the Resolution. The motion carried by the following vote:

Yes (5): Council Members Tisdale, Manos, and Carroll; Mayor Pro Tem Sheridan; and Mayor Magee
Absent (0): None
Carried (5 to 0)

16. BUSINESS ITEMS

17. PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 3 MINUTES
Harvey Ryan was called to speak.

Greg Langworthy was called to speak.

18. CITY MANAGER COMMENTS
City Manager Simpson had no comments.

19. CITY ATTORNEY COMMENTS
City Attorney Leibold had no comments.

20. CITY COUNCIL COMMENTS/REPORTS ON MEETINGS ATTENDED
Council Member Carroll invited the community to attend National Night Out from 6:00 to 8:00 p.m. on Tuesday, August 4, 2026 at McVicker Canyon Park.

Council Member Tisdale reminded residents to clear standing water on their property and report excessive mosquitoes; and invited the community to enjoy the Boots in the Sand concert on Saturday, August 8, 2026 at Launch Pointe.

Council Member Manos invited the community to enjoy the Live at the Lakefront summer concert series on Thursdays in July at Launch Pointe; and reported on his attendance at the Southern California Association of Governments Regional Council and Transportation Committee, Riverside County Habitat Conservation Agency Committee, and Riverside County Airport Land Use Commission meetings.

Mayor Pro Tem Sheridan shared a letter he received from one of the residents of his District; invited residents to participate in and attend the Fast & Loud Exotic Night car show from 5:00 to 8:00 p.m. on July 25, 2026 in Downtown; reported on his attendance at the Riverside Transit Agency meeting and reminded residents that they can ride RTA buses for 25 cents through August 31, 2026 and youth ride free through December 31, 2026; and congratulated his grandson and his fiancée on their upcoming wedding.

Mayor Magee reminded residents to keep their pets safe in the heat.

City Council Minutes - Draft July 14, 2026
City of Lake Elsinore Page 10

21. ADJOURNMENT
The Lake Elsinore City Council adjourned at 8:02 p.m. to the next Regular meeting of Tuesday, July 28, 2026 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.

Candice Alvarez, MMC
City Clerk

REPORT TO CITY COUNCIL
To: Honorable Mayor and Members of the City Council
From: Jason Simpson, City Manager
Prepared by: Shannon Buckley, Assistant City Manager
Date: July 28, 2026
Subject: CC Warrant Report Dated June 15, 2026 to June 21, 2026 Recommendation
Receive and file.

Discussion
The Warrant Report lists all general checks issued since the prior Warrant Report.

Attachments
Attachment 1 – City Warrant Summary
Attachment 2 – City Warrant List
JUNE 15, 2026
TO JUNE 21, 2026

CITY OF LAKE ELSINORE CITY WARRANT SUMMARY
FUND NO. FUND DESCRIPTION TOTAL
100 GENERAL 858,182.80 $
103 THE ANCHOR 24,024.40
110 GAS TAX 1,319.34
130 LIGHTING, LANDSCAPE, MAINTENANCE DIST - CITYWIDE 8,384.50 155 NATIONAL POLLUTANT DISCHARGE ELIMINATION SYSTEM 1,203.59 180 LAUNCH POINTE 86,625.18
300 INSURANCE SERVICE (13,676.44)
305 INFORMATION SYSTEMS SERVICE 52,280.83
315 FLEET SERVICE 19,012.09
320 FACILITIES SERVICE 11,620.75
337 CFD 2016-2 CANYON HILLS IMPROVEMENT 1,500.00
345 CFD 2003-2 IA-D CANYON HILLS IMPROVEMENT 2,540.00
347 CFD 2006-1 IA-A SUMMERLY IMPROVEMENT 2,240.00
350 CFD 98-1 SUMMERHILL IMPROVEMENT 2,660.00
387 CFD 2007-5 RED KITE IMPROVEMENT 2,000.00
390 CFD 2003-2 IA-C CANYON HILLS IMPROVEMENT 2,360.00
394 CFD 2005-5 WASSON CANYON IMPROVEMENT 2,200.00
500 CAPITAL IMPROVEMENT PLAN 623,507.91
617 HOUSING 467,225.34
620 COST RECOVERY TRUST DEPOSITS 5,401.25
GRAND TOTAL 2,160,611.54 $
Attachment 1 1 of 1
JUNE 15, 2026
TO JUNE 21, 2026

CITY OF LAKE ELSINORE CITY WARRANT LIST
WARRANT NO. VENDOR NAME AMOUNT
APA26002257 AARON CHEVROLET 1,203.97 $
APA26002258 AMERICAN FORENSIC NURSES, INC. 150.00
APA26002259 AMERICAN LADY VETS, INC 42,831.25
APA26002260 ARIZONA TILE 2,050.48
APA26002261 AT&T 95.00
APA26002262 AZTECA CLEANING SERVICES LLC 19,374.16
APA26002263 BIO-TOX LABORATORIES 3,807.00
APA26002264 BLAIS & ASSOCIATES, INC. 3,250.00
APA26002265 CALIFORNIA, DEPARTMENT OF JUSTICE 210.00
APA26002266 CALIFORNIA, DEPARTMENT OF JUSTICE 260.00
APA26002267 CED LAGUNA 24,725.06
APA26002268 CHARLES ABBOTT ASSOCIATES, INC. 5,224.20
APA26002269 CHARTER COMMUNICATIONS 50.00
APA26002270 CONCENTRA 301.00
APA26002271 CR&R, INC. 4,514.39
APA26002272 CR&R, INC. 4,998.95
APA26002273 DIRECTV 159.99
APA26002274 ENVIROMINE, INC. 878.75
APA26002275 EXCEL LANDSCAPE, INC. 3,210.76
APA26002276 FRONTIER CALIFORNIA - INTERNET 1,072.11
APA26002277 FRONTIER CALIFORNIA, INC. 102.36
APA26002278 GEI CONSULTANTS INC 13,831.42
APA26002279 HEMET FENCE CORP 3,600.00
APA26002280 KELLEN'S BAIT 1,129.45
APA26002282 LIUNA LOCAL 777 756.00
APA26002283 MIG 15,438.75
APA26002284 O'REILLY AUTO STORES INC/FIRST CALL 312.96
APA26002285 PLACEWORKS, INC 4,642.50
APA26002286 PUBLIC SAFETY ENTERPRISE COMMUNICATION 730.56 APA26002287 SAFETY-KLEEN SYSTEMS, INC. 445.00
APA26002288 SHAPIRO PROPERTY SERVICE, INC 21,149.90
APA26002289 SOUTHERN CALIFORNIA EDISON CO. 580.06
APA26002290 STAUFFER LAWN EQUIPMENT 137.50
APA26002291 STK ARCHITECTURE, INC. 40,874.12
APA26002292 TRANSTECH ENGINEERS, INC. 93,024.20
APA26002293 UNIFIRST CORP 671.36
APA26002294 VULCAN MATERIALS COMPANY 1,244.71
APA26002295 WAXIE SANITARY SUPPLY 1,527.06
11826 AK SECURITY ALARM LLC 14,015.63
11827 AMAZON BUSINESS 4,965.12
11828 AMERICAN MATERIAL COMPANY 74.63
Attachment 2 1 OF 3
JUNE 15, 2026
TO JUNE 21, 2026

CITY OF LAKE ELSINORE CITY WARRANT LIST
WARRANT NO. VENDOR NAME AMOUNT
11829 BMW MOTORCYCLES OF RIVERSIDE 3,341.35
11830 BMW MOTORCYCLES OF RIVERSIDE 1,512.92
11831 BMW MOTORCYCLES OF RIVERSIDE 1,375.64
11832 CARDLOCK FUELS SYSTEM LLC 53.21
11833 CARDLOCK FUELS SYSTEM LLC 7,015.72
11834 CIVICA LAW GROUP, APC 22,594.19
11835 COTTER CONSTRUCTION, INC. 2,600.00
11836 COTTER CONSTRUCTION, INC. 2,500.00
11837 ENGINEERING RESOURCES OF SO CA 29,557.39
11838 ENGINEERING RESOURCES OF SO CA 3,836.15
11840 LAKE ELSINORE TIRE & AUTO, INC. 294.83
11841 LYNN MERRILL AND ASSOCIATES, INC. 621.11
11842 PALMS PARK LLC 4,000.00
11843 RIGHTWAY SITE SERVICES, INC. 848.18
11844 SAN DIEGO ICE COMPANY, INC. 309.70
11845 SECURITAS SECURITY SERVICES USA, INC. 2,983.68
11846 SECURITAS SECURITY SERVICES USA, INC. 3,196.80
11847 SERVICE FIRST 984.50
11848 STAPLES ADVANTAGE 236.55
11849 TALIMAR SYSTEMS, INC 59,445.05
11850 WILMINGTON TRUST, NATIONAL ASSOCIATION 2,000.00
11851 WILMINGTON TRUST, NATIONAL ASSOCIATION 2,000.00
11852 WILMINGTON TRUST, NATIONAL ASSOCIATION 2,000.00
11853 WILMINGTON TRUST, NATIONAL ASSOCIATION 2,000.00
11854 WILMINGTON TRUST, NATIONAL ASSOCIATION 2,000.00
11855 WILMINGTON TRUST, NATIONAL ASSOCIATION 1,500.00
11856 WILMINGTON TRUST, NATIONAL ASSOCIATION 2,000.00
11857 WILMINGTON TRUST, NATIONAL ASSOCIATION 2,000.00
144161 CALIFORNIA JPIA 10.00
144162 CALIFORNIA JPIA 25.00
144163 CEJA, LUIS 355.00
144164 ESTES, RYAN 1,230.00
144165 EVMWD 42,794.63
144168 EVMWD 381,380.18
144169 GAMBOA, RICARDO 530.00
144170 GONZALEZ, GINA 117.54
144171 RUBIO, PABLO 530.00
DFT260870 MISSION SQUARE RETIREMENT 29,001.81
DFT260871 NATIONWIDE TRUST COMPANY, FSB 2,607.76
DFT260872 MISSION SQUARE RETIREMENT 450.77
DFT260873 TASC 11,661.69
DFT260874 PAYCHEX OF NEW YORK, LLC 2,379.58
Attachment 2 2 OF 3
JUNE 15, 2026
TO JUNE 21, 2026

CITY OF LAKE ELSINORE CITY WARRANT LIST
WARRANT NO. VENDOR NAME AMOUNT
DFT260875 RIVERSIDE COUNTY SHERIFF'S OFFICE 926.50
DFT260876 STATE DISBURSEMENT UNIT 245.53
DFT260877 US BANKCORP SERVICE CENTER 2,000.65
DFT260878 LEGAL SHIELD 108.65
DFT260879 STATE DISBURSEMENT UNIT 134.30
DFT260880 FRANCHISE TAX BOARD 85.00
DFT260881 INTERNAL REVENUE SERVICE 198.50
DFT260882 INTERNAL REVENUE SERVICE 172,469.39
DFT260883 FRANCHISE TAX BOARD 36,543.96
DFT260884 CALPERS 251.36
DFT260885 CALPERS 78,327.08
DFT260897 CALIFORNIA DEPARTMENT OF FISH AND WILDLIFE (380.92) DFT260897 CALIFORNIA DEPARTMENT OF FISH AND WILDLIFE 380.92 DFT260899 CAMBERN AVENUE HOUSING ASSOCIATES, LP 467,225.34 DFT260907 CALIFORNIA DEPARTMENT OF FISH AND WILDLIFE 498.33 DFT260922 CALIFORNIA DEPARTMENT OF FISH AND WILDLIFE 376.78 PR06182026 NET PAYROLL 427,718.88
GRAND TOTAL 2,160,611.54 $
Attachment 2 3 OF 3

REPORT TO CITY COUNCIL
To: Honorable Mayor and Members of the City Council
From: Jason Simpson, City Manager
Prepared by: Shannon Buckley, Assistant City Manager
Date: July 28, 2026
Subject: CC Warrant Report Dated June 22, 2026 to June 28, 2026 Recommendation
Receive and file.

Discussion
The Warrant Report lists all general checks issued since the prior Warrant Report.

Attachments
Attachment 1 – City Warrant Summary
Attachment 2 – City Warrant List
JUNE 22, 2026
TO JUNE 28, 2026

CITY OF LAKE ELSINORE CITY WARRANT SUMMARY
FUND NO. FUND DESCRIPTION TOTAL
100 GENERAL 265,041.36 $
103 THE ANCHOR 86.98
110 GAS TAX 588.62
130 LIGHTING, LANDSCAPE, MAINTENANCE DIST - CITYWIDE 55,267.87 135 LIGHTING, LANDSCAPE, MAINTENANCE DIST - NO. 1 5,385.06 180 LAUNCH POINTE 199,050.98
305 INFORMATION SYSTEMS SERVICE 61,585.47
310 SUPPORT SERVICE 3,144.20
315 FLEET SERVICE 6,283.05
320 FACILITIES SERVICE 4,911.52
330 CFD 2015-2S MAINTENANCE SERVICES 764.45
333 CFD 2015-4 TERRACINA IMPROVEMENT 3,500.00
337 CFD 2016-2 CANYON HILLS IMPROVEMENT 996,616.00
381 CFD 2025-1 CANYON HILLS HEIGHTS IMPROVEMENT 371.12
500 CAPITAL IMPROVEMENT PLAN 1,312,117.61
608 TRUST DEPOSITS 11,500.00
620 COST RECOVERY TRUST DEPOSITS 12,605.52
GRAND TOTAL 2,938,819.81 $
Attachment 1 1 of 1
JUNE 22, 2026
TO JUNE 28, 2026

CITY OF LAKE ELSINORE CITY WARRANT LIST
WARRANT NO. VENDOR NAME AMOUNT
APA26002296 ABC TREE FARMS, LLC 1,000.00 $
APA26002297 ANDY'S GLASS & WINDOW CO. 140,398.66
APA26002298 ARIZONA TILE 6,700.22
APA26002299 AUTO AIDE TOWING 178.00
APA26002300 AZTECA CLEANING SERVICES LLC 8,742.08
APA26002301 CED LAGUNA 15,839.54
APA26002302 COCHRANE USA, INC. 101,173.28
APA26002303 CONCENTRA 1,185.00
APA26002304 CR&R, INC. 534.00
APA26002305 DISCOUNT HAULING & CLEANUP SERVICE 24,915.00 APA26002306 DP GLASS CO 28,500.00
APA26002307 DREAM CENTER LAKE ELSINORE 5,000.00
APA26002308 EXCEL LANDSCAPE, INC. 43,372.72
APA26002309 FRONTIER CALIFORNIA - INTERNET 306.36
APA26002310 FRONTIER CALIFORNIA, INC. 105.76
APA26002311 GEI CONSULTANTS INC 12,062.75
APA26002312 GREAT AMERICA FINANCIAL SERVICES 3,144.20
APA26002313 HANCOCK, LORENA 3,982.50
APA26002314 HDL HINDERLITER, DE LLAMAS & ASSOCIATES 960.87 APA26002315 IMAGEN, INC. 1,385.24
APA26002316 LSA ASSOCIATES, INC. 66.00
APA26002317 MONET CONSTRUCTION, INC 309,861.50
APA26002318 O'REILLY AUTO STORES INC/FIRST CALL 199.00
APA26002319 PITSCO EDUCATION, LLC 1,700.54
APA26002320 PRESS-ENTERPRISE, THE 1,458.13
APA26002321 PROPHECY GOV, INC. 30,000.00
APA26002322 PUBLIC SAFETY ENTERPRISE COMMUNICATION 1,217.60 APA26002323 RENO VIRGINIA STREET, LLC 1,000.00
APA26002324 ROSE CITY LABEL 530.49
APA26002325 RP LANDSCAPE & IRRIGATION 96,300.78
APA26002326 RUFF RUFF PET PRODUCTS, INC. 413.14
APA26002327 SCOTT FAZEKAS & ASSOCIATES, INC. 687.50
APA26002328 SEALMASTER 215.33
APA26002329 SHAW INTEGRATED & TURF SOLUTIONS, INC 7,117.39 APA26002330 SOUTHERN CALIFORNIA EDISON CO. 4,743.34
APA26002331 STOCKS, KATHY 19.50
APA26002332 TRANSTECH ENGINEERS, INC. 9,205.00
APA26002333 TRB AND ASSOCIATES, INC. 2,592.10
APA26002334 TRI-STAR ELECTRIC 575.00
APA26002335 ULTIMATE SIGNS & GRAPHICS 2,452.31
APA26002336 UNA LUNA BIANCA, LP 1,000.00
Attachment 2 1 OF 5
JUNE 22, 2026
TO JUNE 28, 2026

CITY OF LAKE ELSINORE CITY WARRANT LIST
WARRANT NO. VENDOR NAME AMOUNT
APA26002337 UNIFIRST CORP 688.03
APA26002338 UNITED CARPORTS, LLC 18,000.00
APA26002339 URBAN RESTORATION GROUP US, INC. 1,634.27
APA26002340 VULCAN MATERIALS COMPANY 373.29
APA26002341 WILSON MIKAMI CORPORATION 1,000.00
11858 AK SECURITY ALARM LLC 91,809.23
11859 AMAZON BUSINESS 8,460.79
11860 CM WASH EQUIPMENT 3,425.47
11861 COTTER CONSTRUCTION, INC. 30,450.00
11862 COTTER CONSTRUCTION, INC. 30,750.00
11863 ENDRESEN DEVELOPMENT, INC. 7,880.00
11864 ENDRESEN DEVELOPMENT, INC. 5,940.00
11865 ENDRESEN DEVELOPMENT, INC. 7,040.00
11866 ENDRESEN DEVELOPMENT, INC. 7,880.00
11867 ENDRESEN DEVELOPMENT, INC. 7,030.00
11868 ENDRESEN DEVELOPMENT, INC. 7,040.00
11869 ENDRESEN DEVELOPMENT, INC. 7,640.00
11870 ENDRESEN DEVELOPMENT, INC. 7,880.00
11871 ENDRESEN DEVELOPMENT, INC. 9,800.00
11872 ENDRESEN DEVELOPMENT, INC. 7,400.00
11873 ENDRESEN DEVELOPMENT, INC. 7,020.00
11874 ENDRESEN DEVELOPMENT, INC. 6,800.00
11875 ENDRESEN DEVELOPMENT, INC. 7,220.00
11876 ENDRESEN DEVELOPMENT, INC. 7,640.00
11877 ENDRESEN DEVELOPMENT, INC. 6,596.00
11878 ENDRESEN DEVELOPMENT, INC. 5,560.00
11879 ENDRESEN DEVELOPMENT, INC. 6,800.00
11880 ENDRESEN DEVELOPMENT, INC. 7,640.00
11881 ENDRESEN DEVELOPMENT, INC. 6,600.00
11882 ENDRESEN DEVELOPMENT, INC. 7,240.00
11883 ENDRESEN DEVELOPMENT, INC. 7,640.00
11884 ENDRESEN DEVELOPMENT, INC. 7,160.00
11885 ENDRESEN DEVELOPMENT, INC. 12,539.52
11886 ENDRESEN DEVELOPMENT, INC. 6,800.00
11887 ENGINEERING RESOURCES OF SO CA 20,220.00
11888 ENGINEERING RESOURCES OF SO CA 11,200.06
11889 ENGINEERING RESOURCES OF SO CA 12,301.50
11890 ENGINEERING RESOURCES OF SO CA 4,011.05
11891 ENGINEERING RESOURCES OF SO CA 7,024.60
11892 HDR ENGINEERING, INC. 198,933.17
11893 HESTER ROOFING 134,183.70
11894 MICHAEL BAKER INTERNATIONAL, INC. 17,352.98
Attachment 2 2 OF 5
JUNE 22, 2026
TO JUNE 28, 2026

CITY OF LAKE ELSINORE CITY WARRANT LIST
WARRANT NO. VENDOR NAME AMOUNT
11895 MICHAEL BAKER INTERNATIONAL, INC. 2,107.50
11896 MORTON PEST CONTROL INC 3,980.00
11897 NTH GENERATION COMPUTING, INC. 12,126.94
11898 PRINCIPAL INTEREST 12,576.00
11899 PRINCIPAL INTEREST 16,128.00
11900 PROSTAFF, LLC 32,900.00
11902 PURSUIT ELECTRIC, INC. 65,800.00
11903 RAMCO DOCKS, LLC 14,800.00
11904 REGIONAL FIRST AID, INC. 1,341.45
11905 SEARLE CREATIVE GROUP LLC 429.41
11906 SERVICE FIRST 2,236.71
11907 SPICER CONSULTING GROUP 3,500.00
11908 WKE, INC. 5,416.25
11909 BARROZO, ANTHONY 503.50
11910 BASUBAS, EDGARDO 1,169.00
11911 BLOCK, DIANE 1,169.00
11912 BOBO, LAWRENCE 1,169.00
11913 BOONE, ROBERT 1,169.00
11914 BRADY, ROBERT A. 551.66
11915 CASTANEDA, FRANCISCO 319.29
11916 CHADD, DANIEL 2,658.58
11917 CHIPMAN, ROBIN 1,913.79
11918 DAVIS, CLAUDIA 1,169.00
11919 DAVIS, RITA 800.58
11920 DOUGLAS, JOSE A. 1,776.10
11921 EAKINS, CATHERINE 755.91
11922 ELKINS, MARIAN C. 503.50
11923 ESPINOZA, GUILLERMO PEREZ 551.66
11924 FAZZIO, JON 194.83
11925 FERGUSON, DAVID 1,935.31
11926 FOSTER, MAUREEN 551.66
11927 GIRON, DIANA 807.05
11928 GOMEZ, GUADALUPE 2,357.53
11929 GONZALES, RAMON 1,169.00
11930 GORDON, CAROL 188.16
11931 GULBRANSEN, ARLINE 319.29
11932 HANSEN, VI M. 319.29
11933 HOFFARTH, GARY 551.66
11934 HOUTZ, WILLIAM M 1,163.88
11935 JECTER, MICHELE 1,169.00
11936 KILROY, PAT 1,169.00
11937 LEON, CHARLES KIM 503.50
Attachment 2 3 OF 5
JUNE 22, 2026
TO JUNE 28, 2026

CITY OF LAKE ELSINORE CITY WARRANT LIST
WARRANT NO. VENDOR NAME AMOUNT
11938 LEPPER, LUCIUS 503.50
11939 MACHOTT, RICHARD J. 1,169.00
11940 MAGEE, KIMBERLY 503.50
11941 MILLER, CORDIE 800.58
11942 MOLENDYK, RONALD 1,169.00
11943 NORTH, EDWARD L. 551.66
11944 NORVANI, CARLOS 435.57
11945 PAYNE, WILLIAM 981.40
11946 PEREZ, SHAR-MARIE 807.05
11947 PORCHE, DANA 551.66
11948 PREISENDANZ, ROLFE 1,169.00
11949 RAMIREZ, FRANCES 800.58
11950 REDMEIER, MICHAEL D. 503.50
11951 REID, SUSAN 1,169.00
11952 RUSSELL, LAWRENCE 1,169.00
11953 SANTA CRUZ, MARY 1,169.00
11954 SAPP, DAVID 1,033.14
11955 SOLORZANO, LEONEL 1,776.10
11956 TAYLOR, GRANT 800.58
11957 TEYLER, KENNETH 194.83
11958 THOMPSON, RITA 1,913.79
11959 TURK, JILL 503.50
11960 UNSWORTH, NOLA 1,248.29
11961 WAITE, DENNIS 503.50
11962 WATENPAUGH, RICHARD 503.50
11963 WILKIE, RAE 194.83
11964 YATES, GRANT 2,701.62
144172 CACHO, JORGE 500.00
144173 CUNNINGTON, GREG 1,000.00
144174 EVMWD 43,947.24
144177 FIZER, PAUL 180.00
144178 FULL SPECTRUM BOTTLING 500.00
144179 HBI CONSTRUCTION, INC 1,000.00
144180 HEYDAY 14,250.00
144181 HOME DEPOT 1,000.00
144182 K. HOVNANIAN 3,000.00
144183 MONTOYA, ALFONSO 530.00
144184 NEW VENTURES LLC 500.00
144185 RIVERSIDE COUNTY FOUNDATION OF AGING, INC 2,000.00 144186 TAYLOR, JOSEPH 1,000.00
144187 WETZELS PRETZELS 186.00
144188 WILLETTE, PAULA 500.00
Attachment 2 4 OF 5
JUNE 22, 2026
TO JUNE 28, 2026

CITY OF LAKE ELSINORE CITY WARRANT LIST
WARRANT NO. VENDOR NAME AMOUNT
144189 WILLIAMS, TIMOTHY 500.00
144190 MCDANIELS, DELORES 503.50
DFT260866 FRONTIER CALIFORNIA - INTERNET 531.24
DFT260890 FRONTIER CALIFORNIA - INTERNET 822.20
DFT260898 WILMINGTON TRUST, NATIONAL ASSOCIATION 996,616.00 DFT260906 TASC 1,561.47
GRAND TOTAL 2,938,819.81 $
Attachment 2 5 OF 5

REPORT TO CITY COUNCIL
To: Honorable Mayor and Members of the City Council
From: Jason Simpson, City Manager
Prepared by: Shannon Buckley, Assistant City Manager
Date: July 28, 2026
Subject: CC Investment Report for June 2026
Recommendation
Receive and file the Investment Report for June 2026.

Discussion
The Investment Report lists all funds invested for the City as of the date shown on the report.

Fiscal Impact
No fiscal impact.

Attachments
Attachment 1 – Investment Report June 2026

CITY OF LAKE ELSINORE

INVESTMENT REPORT

BANK DEPOSITS OUTSTANDING BOOK

CASH ACCOUNTS BALANCE IN TRANSIT PAYMENTS BALANCE
Bank Accounts:

General Checking Account $ 5,615,850 $ 268,680 $ (451,741) $ 5,432,788 Cash On Hand:

Cashier Drawers #1 & #2 - - - 300
City of Lake Elsinore Petty Cash Fund - - - 2,000
Total Cash Accounts 5,615,850 268,680 (451,741) 5,435,088

INVESTMENTS
Local Agency Investment Funds 80,489,926 - - 80,489,926 CAMP Investments:

CAMP Pool Account 11,543 - - 11,542.53
U.S. Treasury Bond / Note 27,218,710 - - 27,218,709.97
Municipal Bond / Note 200,000 - - 200,000.00
Federal Agency Commercial Mortgage-Backed Security 7,971,544 - - 7,971,543.95 Federal Agency Bond / Note - - - -
Corporate Note 15,081,934 - - 15,081,933.57
Certificate of Deposit - - - -
Bank Note 525,525 - - 525,525.00
Asset-Backed Security 6,264,417 - - 6,264,417.43
Sub-total Investments 137,763,599 - - 137,763,599
Market Value Adjustment:

Unrealized Gain/(Loss) at 06/30/2026 426,520 - - 426,520 Total Investments 138,190,119 - - 138,190,119
Total Pooled Cash and Investments $ 143,805,969 $ 268,680 $ (451,741) $ 143,625,207 TOTAL POOLED CASH AND INVESTMENTS $ 143,625,207
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 July 10, 2026
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 JUNE 30, 2026

FUND NO FUND NAME AMOUNT
100 General $ 11,295,734
102 Measure Z 20,721,663
106 Affordable Housing In Lieu 1,693,419
107 Developer Agreement Revenue 322,599
109 Road Maintenance and Rehabilitation (SB1) 2,217,484 110 State Gas Tax 1,653,219
111 TUMF C.I.P. 121,781
112 Measure A 1,764,213
114 SB1186 CASP Education Program 96,493
115 Traffic Safety 35,189
116 City Hall-Public Works DIF 100,418
117 Community Center DIF 718,372
118 Lake Side Facility DIF 412,091
119 Animal Shelter DIF 80,486
135 Lighting & Landscape Maintenance - Dist. No. 1 2,742,324 140 Geothermal 13,313
160 PEG Grant 4,868
202 La Strada RBBD 27,152
203 E.L.S.P. - S.T.I.F. 3,828,878
205 Traffic Impact Fee 725,882
211 Storm Drain C.I.P. 2,225,518
221 Quimby Park C.I.P. 110,750
231 Library C.I.P. 872,031
232 City Fire Protection 1,628,779
300 Insurance Service 1,501,867
305 Information Systems Service 3,180,836
310 Support Service 51,089
315 Fleet Service 1,096,159
320 Facilities Service 3,139,366
331 CFD 2006-1CC Summerly Improvement Area CC 161,184
332 CFD 2006-1 Improvement Area B, Summerly 124,280
333 CFD 2015-4 Terracina 1,123,413
334 CFD 2015-5 Trieste - Far West Industries 121,052
335 CFD 2003-2E Canyon Hills Improvement Area E 144,473 336 CFD 2006-1FF Summerly Improvement Area FF 155,750
338 CFD 2006-1 IA-JJ Summerly Improvement Area 260,021
339 CFD 2006-1 IA-KK Summerly Improvement Area 198,344
340 CFD 2006-1 IA-EE Summerly Improvement Area 208,726
345 CFD 2003-2 Improvement Area D, Canyon Hills 1,651,892 346 CFD 2014-1 Southshore 65,878

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 JUNE 30, 2026

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 JUNE 30, 2026
347 CFD 2006-1 Improvement Area A, Summerly 188,488
350 CFD 98-1 Summerhill 1,007,706
351 CFD 2006-1 IA-II Summerly Improvement 325,726
354 CFD 90-2 Tuscany Hills 13,761
355 RAD 2021-1 Canyon Hills Improvement 1,180,760
357 CFD 2003-2 Canyon Hills Improvement Area 677,593
359 CFD 2021-1 IA-2 Tuscany Valley & Crest Improvement 8,950 361 CFD 2022-2 Lakeshore Improvement 7,669
362 CFD 2006-8S Running Deer Estates Services 52,229
363 CFD 2022-3 Lakeside 249
364 CFD 2023-2 Coastal Mission Trail Improvement 7,431
366 CFD 2005-6 City Center Townhomes 233,938
368 CFD 2006-2 Viscaya 355,259
369 CFD 2004-3 Area 1 Rosetta Canyon Improvement Area 1,137,217 370 CFD 2006-1 IA-HH Summerly Improvement 252,559
371 CFD 2005-1 Serenity 427,917
372 CFD 2005-2 Alberhill Ranch Improvement Area 1,121,112 374 CFD 2005-4 Lakeview Villas 6,187
375 CFD 2006-4 Clurman 211,669
376 CFD 2006-3 La Strada 4,903
377 CFD 2006-6 Tessara 161,814
378 CFD 2006-8 Running Deer Estates 155,018
379 CFD 2022-1 Alberhill 445,394
384 CFD 2003-2 Area B Canyon Hills Improvement Area 1,395,071 385 CFD 2004-3 Area 2 Rosetta Canyon Improvement Area 1,276,616 386 CFD 2007-4 Mekenna Court 139,451
387 CFD 2007-5 Red Kite 98,963
388 CFD 2007-6 Holiday Inn Express 5,870
390 CFD 2003-2 Area C Canyon Hills Improvement Area 512,783 392 CFD 95-1 City Center 1,434
394 CFD 2005-5 (2012A) Wasson Canyon 259,803
395 CFD 2018-1 Wasson Canyon II Improvement Area 4,936
396 CFD 2018-2 Nichols Ranch Improvement Area 344,804
397 CFD 2018-3 Village at Lakeshore 283,795
500 Capital Improvement Plan 4,373,602
510 Successor To RDA Area I, II, & III 7,406,386
540 Successor To RDA Diamond Stadium 169,625
603 Endowment Trust - Carl Graves 72,631
604 Endowment Trust - Korn Memorial 38,255
605 Public Improvement Trust 3,305,172

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 JUNE 30, 2026
606 Mobile Source Air Polution Reduction 318,810
608 Trust Deposit & Pre Paid Expense 1,804,656
617 Successor Agency Housing 39,234,635
620 Cost Recovery System 4,633,462
631 Lake Destratification Equipment Replacement 357,080 650 CFD 2003-1 Law & Fire Service 1,745,706
651 CFD 2006-5 Park & Open Space Service 57,385
652 CFD 2007-1 Law & Fire Service 57,232
653 CFD 2009-1 Parks & Lighting Service 390,691
655 CFD 2015-1s Law, Fire, Paramedic Services 755,813
Total Pooled Cash & Investments $ 143,625,207

MAXIMUM DIVERSIFICATION CURRENT

TYPES OF SECURITIES PERCENTAGE PERCENTAGE BALANCE
CAMP - Pooled Sweep Account Unlimited 0.01% $ 11,543
U.S. Treasury Bond / Note Unlimited 19.76% $ 27,218,710 Supra-National Agency Bond / Note 30% 0.00% $ -
Municipal Bond / Note Unlimited 0.15% $ 200,000
Federal Agency Collaterized Mortgage Obligation 40% 5.79% $ 7,971,544 Federal Agency Bond / Note Unlimited 0.00% (1) $ -
Banker's Acceptance 40.00% 0.00% $ -
Corporate Note (Includes Bank Note) 30% 11.33% $ 15,607,459 Commercial Paper 25% 0.00% $ -
Negotiable Certificates of Deposit 30% 0.00% $ -
Asset-Backed Security / Collaterized Mortgage 20% 4.55% $ 6,264,417 Repurchase Agreements Unlimited 0 $ -
Reverse Repurchase Agreements 10.00% 0.00% $ -
LAIF (Local Agency Investment Funds) $150 Million 58.43% (2) $ 80,489,926 Placement Service Deposits (PDS) 30% 0.00% $ -
TOTAL 100.00% $ 137,763,599
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 JUNE 30, 2026
Local Agency Investment Fund
June 3.816
May 3.810
April 3.811
March 3.826
February 3.871
January 3.931
PMIA Average Life(1): 261
LAIF Fair Value Factor(1): 0.999980831
PMIA Daily(1): 3.82
PMIA Quarter to Date(1): 3.92
LAIF Apportionment Rate(2): 3.98
LAIF Earnings Ratio(2): 0.00010906180047888
LAIF Administrative Cost(1)*: 0.24
Treasuries

58.59%
Agencies

20.92%
Certificates of
Deposit/Bank Notes

10.15%
Time
Deposits

3.08%
Commercial
Paper

6.52%
Corporate
Bonds

0.61%
Loans

0.13%
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 07/08/26
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 03/31/26
Chart does not include $776,000.00 in mortgages, which equates to 0.001%. Percentages may not total 100% due to rounding.

Pooled Money Investment Account
Monthly Portfolio Composition (1)
05/31/26
$177.4 billion
Yield Purchase Date Maturity Rate

3.816% Daily 24-Hour
Investment Beginning Balance Net Increase/(Decrease) Ending Balance Total Investments Held with
Local Agency Investment Fund: $ 57,989,926 $ 22,500,000 $ 80,489,926 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 JUNE 30, 2026
CAMP
Investment Portfolio

CITY OF LAKE ELSINORE

ACCOUNT STATEMENT
For the Month Ending
June 30, 2026
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
Online Access www.camponline.com Customer Service 1-800-729-7665 Important Messages
CAMP will be closed on 07/03/2026 for Independence Day (observed).

For the Month Ending June 30, 2026
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
Account Statement - Transaction Summary For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
872,601.09
2,650,139.56
(3,511,198.12)

0.00 $11,542.53
CAMP Pool
Unsettled Trades 0.00
Cash Dividends and Income 816.02
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
56,228,830.06
3,476,045.13
(2,356,923.39)
(130,847.08)
$57,217,104.72
CAMP Managed Account
Unsettled Trades 0.00
Cash Dividends and Income 285,522.05
June 30, 2026 May 31, 2026
Asset Summary
CAMP Pool 11,542.53 872,601.09
CAMP Managed Account 57,217,104.72 56,228,830.06
Total $57,228,647.25 $57,101,431.15
Asset Allocation

0.02%
CAMP Pool

99.98%
CAMP Managed
Account
PFM Asset Management, a division of Page 1
U.S. Bancorp Asset Management, Inc.

Managed Account Summary Statement For the Month Ending June 30, 2026

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
$872,601.09
2,650,139.56
(3,511,198.12)
$11,542.53
816.02
$56,228,830.06
(469,325.20)
(1,887,598.19)
3,476,045.13

0.00 (130,847.08)
$57,217,104.72
$57,101,431.15
$57,228,647.25
288,004.58
(26,188.50)
23,705.97
$285,522.05

0.00 1,909,087.43
266,515.34
469,325.20
(3,502,233.63)
857,305.66

0.00 Managed Account Total
57,508,095.92 57,519,638.45
468,846.45
1,909,087.43
469,325.20
266,515.34
(3,502,233.63)
(56,378,014.31)
(541,334.88)

0.00 468,846.45
5,420,285.55
469,325.20
266,515.34
(6,152,373.19)
(57,250,615.40)
(541,334.88)
816.02
Total Accrual Basis Earnings $200,287.52 $201,103.54
Transaction Summary - Money Market Transaction Summary - Managed Account _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance
Closing Cash Balance $0.00
PFM Asset Management, a division of Page 2
U.S. Bancorp Asset Management, Inc.

Portfolio Summary and Statistics For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Account Summary
Description Par Value Market Value Percent
U.S. Treasury Bond / Note 27,350,000.00 26,942,364.40 47.09 Municipal Bond / Note 200,000.00 200,870.40 0.35
Federal Agency Commercial
Mortgage-Backed Security
8,095,710.92 8,093,658.31 14.14
Corporate Note 15,241,000.00 15,190,631.75 26.54
Bank Note 525,000.00 527,234.93 0.92
Asset-Backed Security 6,261,491.35 6,262,344.93 10.94
Managed Account Sub-Total 57,673,202.27 57,217,104.72 99.98% Accrued Interest 468,846.45
Total Portfolio 57,673,202.27 57,685,951.17
CAMP Pool 11,542.53 11,542.53 0.02
Total Investments 57,684,744.80 57,697,493.70 100.00%
Unsettled Trades 0.00 0.00
Sector Allocation

10.94%
ABS

0.92%
Bank Note

26.04%
Corporate Note

14.14%
Federal Agency
Commercial
Mortgage-Backed
Security

0.02%
Joint Powers
Authority

0.35%
Muni Bond / Note

0.51%
Priv Placement
Bond

47.08%
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

1.73%

7.57%

5.63%

18.47%

44.39%

22.21%

0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 1113

4.18%

4.29%
PFM Asset Management, a division of Page 3
U.S. Bancorp Asset Management, Inc.

Managed Account Issuer Summary For the Month Ending June 30, 2026

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

5.89%
A

7.41%
A+

2.79%
A2.49%
AA

62.56%
AA+

4.21%
AA8.67%
AAA

0.02%
AAAm

2.39%
BBB+

3.57%
NR
Issuer Summary
Issuer of Holdings Percent
Market Value
Adobe Inc 378,664.50 0.66
Air Products and Chemicals Inc 341,178.78 0.60
Amazon.com Inc 565,110.58 0.99
American Express Co 1,206,901.28 2.11
Analog Devices Inc 399,025.20 0.70
Apple Inc 764,035.30 1.34
BA Credit Card Trust 943,641.60 1.65
Bank of America Corp 679,749.12 1.19
Bank of New York Mellon Corp 469,290.98 0.82
Bayerische Motoren Werke AG 174,383.12 0.30
Berkshire Hathaway Inc 468,733.33 0.82
BlackRock Inc 782,691.10 1.37
Bristol-Myers Squibb Co 209,843.30 0.37
CAMP Pool 11,542.53 0.02
Caterpillar Inc 222,211.58 0.39
Charles Schwab Corp 297,925.50 0.52
Cisco Systems Inc 424,459.98 0.74
Citigroup Inc 1,320,696.75 2.31
Deere & Co 379,647.75 0.66
Federal Home Loan Mortgage Corp 7,188,726.01 12.55
Federal National Mortgage Association 904,932.30 1.58
Fifth Third Auto Trust 113,077.53 0.20
Ford Credit Auto Owner Trust 284,802.21 0.50
GM Financial Consumer Automobile Receiv 90,011.25 0.16
Goldman Sachs Group Inc 571,754.70 1.00
Harley-Davidson Inc 8,661.12 0.02
Home Depot Inc 378,711.38 0.66
Honda Auto Receivables Owner Trust 373,795.62 0.65
Honda Motor Co Ltd 395,794.00 0.69
Hyundai Auto Receivables Trust 162,808.47 0.28
JPMorgan Chase & Co 847,235.48 1.48
Lockheed Martin Corp 60,068.34 0.10
PFM Asset Management, a division of Page 4
U.S. Bancorp Asset Management, Inc.

Managed Account Issuer Summary For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Issuer of Holdings Percent
Market Value
Mars Inc 115,342.59 0.20
Mercedes-Benz Auto Receivables Trust 946,667.90 1.65
Microsoft Corp 746,052.75 1.30
Morgan Stanley 527,234.93 0.92
National Australia Bank Ltd 497,966.50 0.87
National Rural Utilities Cooperative Fi 344,031.45 0.60 Nissan Auto Receivables Owner Trust 349.90 0.00
Northern Trust Corp 566,690.68 0.99
Novartis AG 501,052.56 0.88
NVIDIA Corp 388,619.40 0.68
PACCAR Inc 402,536.80 0.70
Porsche Innovative Lease Owner 100,284.80 0.18
Shell PLC 564,609.75 0.99
State of California 200,870.40 0.35
State Street Corp 202,001.40 0.35
Target Corp 39,532.72 0.07
Texas Instruments Inc 85,369.07 0.15
TotalEnergies SE 565,311.25 0.99
Toyota Auto Receivables Owner Trust 392,040.05 0.69
Toyota Motor Corp 376,801.88 0.66
United States Treasury 26,942,364.40 47.07
Verizon Master Trust 415,703.43 0.73
Wells Fargo & Co 401,951.60 0.70
WF Card Issuance Trust 485,150.35 0.85
Total $57,228,647.25 100.00%
PFM Asset Management, a division of Page 5
U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026

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 Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 600,000.00 AA+ Aa1 07/01/25 07/03/25 589,054.69 3.75 52.99 591,633.12 584,601.60

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 900,000.00 AA+ Aa1 04/01/25 04/04/25 878,414.06 3.87 79.48 884,381.16 876,902.40

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 900,000.00 AA+ Aa1 06/02/25 06/05/25 875,566.41 3.98 79.48 881,626.37 876,902.40

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 925,000.00 AA+ Aa1 08/01/25 08/05/25 902,236.33 3.94 81.69 907,208.82 901,260.80

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 1,500,000.00 AA+ Aa1 05/01/25 05/06/25 1,476,796.88 3.65 132.47 1,482,900.97 1,461,504.00

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 1,675,000.00 AA+ Aa1 03/03/25 03/06/25 1,621,347.66 4.06 147.93 1,636,790.72 1,632,012.80

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 3,900,000.00 AA+ Aa1 09/02/25 09/05/25 3,841,652.34 3.67 344.43 3,853,515.39 3,799,910.40

US TREASURY N/B
DTD 01/31/2025 4.250% 01/31/2030
91282CMG3 300,000.00 AA+ Aa1 11/04/25 11/07/25 306,820.31 3.66 5,318.37 305,843.71 300,656.40

US TREASURY N/B
DTD 01/31/2025 4.250% 01/31/2030
91282CMG3 900,000.00 AA+ Aa1 01/02/26 01/07/26 920,285.16 3.65 15,955.11 918,031.30 901,969.20

US TREASURY N/B
DTD 01/31/2025 4.250% 01/31/2030
91282CMG3 975,000.00 AA+ Aa1 10/01/25 10/06/25 997,242.19 3.67 17,284.70 993,699.95 977,133.30

US TREASURY N/B
DTD 01/31/2025 4.250% 01/31/2030
91282CMG3 1,450,000.00 AA+ Aa1 02/02/26 02/05/26 1,478,320.31 3.72 25,705.46 1,475,640.27 1,453,172.60

US TREASURY N/B
DTD 01/31/2025 4.250% 01/31/2030
91282CMG3 1,725,000.00 AA+ Aa1 03/13/26 03/17/26 1,752,290.04 3.81 30,580.63 1,750,371.05 1,728,774.30

US TREASURY N/B
DTD 01/31/2025 4.250% 01/31/2030
91282CMG3 4,150,000.00 AA+ Aa1 03/02/26 03/06/26 4,253,101.56 3.56 73,570.79 4,245,105.20 4,159,080.20

US TREASURY N/B
DTD 09/02/2025 3.625% 08/31/2030
91282CNX5 650,000.00 AA+ Aa1 06/29/26 06/30/26 637,152.34 4.15 7,875.51 637,161.06 635,908.00 PFM Asset Management, a division of Page 6
U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026

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 Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 09/02/2025 3.625% 08/31/2030
91282CNX5 1,800,000.00 AA+ Aa1 06/01/26 06/04/26 1,759,640.63 4.21 21,809.10 1,760,279.22 1,760,976.00

US TREASURY N/B
DTD 09/02/2025 3.625% 08/31/2030
91282CNX5 2,000,000.00 AA+ Aa1 04/01/26 04/07/26 1,974,843.75 3.94 24,232.34 1,976,064.09 1,956,640.00

US TREASURY N/B
DTD 09/02/2025 3.625% 08/31/2030
91282CNX5 3,000,000.00 AA+ Aa1 05/01/26 05/06/26 2,953,945.31 4.01 36,348.51 2,955,447.64 2,934,960.00 Security Type Sub-Total 27,350,000.00 27,218,709.97 3.82 259,598.99 27,255,700.04 26,942,364.40 Municipal Bond / Note
CA ST
DTD 03/15/2023 4.846% 03/01/2027
13063D3N6 200,000.00 AA- Aa2 03/09/23 03/15/23 200,000.00 4.85 3,230.67 200,000.00 200,870.40 Security Type Sub-Total 200,000.00 200,000.00 4.85 3,230.67 200,000.00 200,870.40 Federal Agency Commercial Mortgage-Backed Security
FHMS K058 A2
DTD 11/01/2016 2.653% 08/01/2026
3137BSP72 455,062.23 AA+ Aa1 04/06/23 04/12/23 435,899.84 3.98 1,006.07 454,209.16 453,611.04 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 356,149.11 AA+ Aa1 05/19/23 05/24/23 345,186.40 4.29 993.36 354,897.22 354,527.92 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
3137BXQY1 550,000.00 AA+ Aa1 08/16/23 08/18/23 518,804.69 4.94 1,477.67 543,650.29 545,977.30 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
3137F1G44 550,000.00 AA+ Aa1 06/08/23 06/13/23 527,033.20 4.42 1,486.38 545,149.25 545,052.75 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 258,420.57 AA+ Aa1 12/06/23 12/14/23 258,418.50 4.86 1,046.17 258,420.10 259,423.76 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 417,119.63 AA+ Aa1 07/19/23 07/27/23 417,109.23 4.78 1,660.48 417,115.43 418,007.26 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 550,000.00 AA+ Aa1 07/13/23 07/20/23 555,493.40 4.59 2,208.71 552,209.74 552,459.05 PFM Asset Management, a division of Page 7
U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026

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 Trade Settle Original YTM Accrued Amortized Market Par
Federal Agency Commercial Mortgage-Backed Security
FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
3136BQDE6 503,959.39 AA+ Aa1 07/18/23 07/31/23 495,415.70 4.58 1,759.66 500,416.19 500,657.95 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 500,000.00 AA+ Aa1 10/11/23 10/19/23 489,032.00 5.25 1,975.00 494,771.13 501,950.50 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 800,000.00 AA+ Aa1 09/07/23 09/14/23 788,165.60 4.99 3,100.00 794,474.05 801,533.60 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 375,000.00 AA+ Aa1 10/25/23 10/31/23 363,043.88 5.60 1,515.63 369,032.00 377,091.38 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 500,000.00 AA+ Aa1 09/20/23 09/28/23 494,023.50 5.07 2,000.00 497,084.28 502,597.00 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 180,000.00 AA+ Aa1 11/14/23 11/21/23 179,479.62 5.14 760.35 179,738.10 181,922.22 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 275,000.00 AA+ Aa1 11/28/23 12/07/23 274,209.93 4.93 1,113.75 274,600.10 276,900.25 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 290,000.00 AA+ Aa1 02/01/24 02/08/24 292,899.71 4.34 1,104.90 291,557.53 290,008.12 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 440,000.00 AA+ Aa1 07/16/24 07/25/24 442,702.04 4.58 1,730.67 441,723.30 442,180.64 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 495,000.00 AA+ Aa1 08/07/24 08/15/24 499,630.23 4.33 1,873.99 497,993.76 495,795.96 FHMS K539 A2
DTD 04/01/2025 4.410% 01/01/2030
3137HKXJ8 190,000.00 AA+ Aa1 04/15/25 04/24/25 189,993.35 4.41 698.25 189,994.97 189,687.26 FNA 2026-M11 2A2
DTD 05/01/2026 4.250% 05/01/2031
3136G5V64 410,000.00 AA+ Aa1 06/26/26 06/29/26 405,003.13 4.53 1,452.08 404,932.43 404,274.35 Security Type Sub-Total 8,095,710.92 7,971,543.95 4.72 28,963.12 8,061,969.03 8,093,658.31 Corporate Note

BMW US CAPITAL LLC (CALLABLE)
DTD 08/12/2021 1.250% 08/12/2026
05565EBW4 175,000.00 A A2 08/12/21 08/16/21 174,947.50 1.26 844.62 174,998.80 174,383.12 PFM Asset Management, a division of Page 8
U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026

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 Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

CATERPILLAR FINL SERVICE
DTD 01/10/2022 1.700% 01/08/2027
14913R2U0 225,000.00 A A1 01/11/22 01/13/22 223,863.75 1.81 1,838.13 224,881.63 222,211.58

TARGET CORP (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
87612EBM7 40,000.00 A A2 01/19/22 01/24/22 39,932.00 1.99 359.67 39,992.63 39,532.72

BANK OF NY MELLON CORP (CALLABLE)
DTD 01/26/2022 2.050% 01/26/2027
06406RBA4 475,000.00 A Aa3 01/26/22 01/28/22 473,945.50 2.10 4,192.53 474,879.77 469,290.98

MICROSOFT CORP (CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027
594918BY9 750,000.00 AAA Aaa 03/14/23 03/17/23 721,942.50 4.36 9,968.75 745,688.09 746,052.75

AMERICAN EXPRESS CO (CALLABLE)
DTD 03/04/2022 2.550% 03/04/2027
025816CS6 300,000.00 A- A2 01/13/23 01/18/23 277,203.00 4.59 2,486.25 296,272.09 296,679.60

BERKSHIRE HATHAWAY FIN (CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027
084664CZ2 475,000.00 AA Aa2 03/15/22 03/17/22 466,089.00 2.70 3,216.81 473,741.16 468,733.33

CHARLES SCHWAB CORP (CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027
808513BW4 300,000.00 A- A2 02/17/23 02/22/23 284,925.00 4.66 2,475.00 297,247.97 297,925.50

NATIONAL AUSTRALIA BK/NY
DTD 06/09/2022 3.905% 06/09/2027
63254ABE7 500,000.00 AA- Aa2 01/13/23 01/18/23 488,325.00 4.50 1,193.19 497,504.02 497,966.50

APPLE INC (CALLABLE)
DTD 09/12/2017 2.900% 09/12/2027
037833DB3 775,000.00 AA+ Aaa 01/19/23 01/23/23 741,062.75 3.94 6,804.93 766,236.10 764,035.30

TOYOTA MOTOR CREDIT CORP
DTD 01/12/2023 4.625% 01/12/2028
89236TKQ7 375,000.00 A+ A1 02/08/23 02/10/23 376,282.50 4.55 8,141.93 375,398.79 376,801.88

NATIONAL RURAL UTIL COOP (CALLABLE)
DTD 02/07/2018 3.400% 02/07/2028
637432NP6 350,000.00 A- A1 02/17/23 02/22/23 329,189.00 4.76 4,760.00 343,284.52 344,031.45

TEXAS INSTRUMENTS INC (CALLABLE)
DTD 11/18/2022 4.600% 02/15/2028
882508BV5 85,000.00 A+ Aa3 05/11/23 05/18/23 87,043.40 4.04 1,477.11 85,675.04 85,369.07

BRISTOL-MYERS SQUIBB CO (CALLABLE)
DTD 07/15/2020 3.900% 02/20/2028
110122DE5 211,000.00 A A2 03/09/23 03/13/23 201,583.07 4.93 2,994.44 207,878.69 209,843.30

LOCKHEED MARTIN CORP (CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028
539830BZ1 60,000.00 A- A2 05/23/23 05/25/23 59,892.00 4.49 341.17 59,959.33 60,068.34 PFM Asset Management, a division of Page 9
U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026

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 Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
24422EXB0 375,000.00 A A1 07/21/23 07/25/23 377,865.00 4.78 8,610.94 376,173.87 379,647.75

CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
17325FBB3 750,000.00 A+ Aa3 10/02/23 10/04/23 746,280.00 5.92 11,122.42 748,193.03 771,626.25

AIR PRODUCTS & CHEMICALS (CALLABLE)
DTD 02/08/2024 4.600% 02/08/2029
009158BH8 340,000.00 A A3 02/06/24 02/08/24 339,547.80 4.63 6,212.56 339,751.83 341,178.78

CISCO SYSTEMS INC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
17275RBR2 420,000.00 AA- A1 02/21/24 02/26/24 419,853.00 4.86 7,072.92 419,918.38 424,459.98

BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
09290DAA9 50,000.00 AA- Aa3 03/05/24 03/14/24 49,909.50 4.74 698.47 49,948.59 50,496.20

BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
09290DAA9 725,000.00 AA- Aa3 03/06/24 03/14/24 725,355.25 4.69 10,127.85 725,203.80 732,194.90

ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
00724PAF6 170,000.00 A+ A1 04/02/24 04/04/24 169,775.60 4.83 1,972.00 169,869.82 171,661.24

ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
00724PAF6 205,000.00 A+ A1 04/01/24 04/04/24 204,694.55 4.83 2,378.00 204,822.63 207,003.26

WELLS FARGO & COMPANY (CALLABLE)
DTD 04/23/2025 4.970% 04/23/2029
95000U3T8 110,000.00 BBB+ A1 04/16/25 04/23/25 110,088.00 4.95 1,032.66 110,054.77 110,536.69

WELLS FARGO & COMPANY (CALLABLE)
DTD 04/23/2025 4.970% 04/23/2029
95000U3T8 290,000.00 BBB+ A1 04/15/25 04/23/25 290,000.00 4.97 2,722.46 290,000.00 291,414.91

BANK OF AMERICA CORP (CALLABLE)
DTD 05/09/2025 4.623% 05/09/2029
06051GMT3 600,000.00 A- A1 05/06/25 05/09/25 600,000.00 4.62 4,006.60 600,000.00 599,710.80

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 125,000.00 A A2 06/17/24 06/25/24 124,193.75 4.90 98.96 124,495.72 126,237.13

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 250,000.00 A A2 06/18/24 06/25/24 248,627.50 4.88 197.92 249,142.06 252,474.25

AMERICAN HONDA FINANCE
DTD 09/05/2024 4.400% 09/05/2029
02665WFQ9 400,000.00 BBB+ A3 09/03/24 09/05/24 399,520.00 4.43 5,671.11 399,683.22 395,794.00 PFM Asset Management, a division of Page 10
U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026

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 Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

MARS INC (CALLABLE)
DTD 03/12/2025 4.800% 03/01/2030
571676AY1 115,000.00 A A2 03/05/25 03/12/25 114,875.80 4.83 1,840.00 114,905.61 115,342.59

GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 04/20/2026 4.594% 04/20/2030
38141GE83 275,000.00 BBB+ A2 04/13/26 04/20/26 275,000.00 4.59 2,491.61 275,000.00 273,447.90

GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 04/20/2026 4.594% 04/20/2030
38141GE83 300,000.00 BBB+ A2 04/14/26 04/20/26 300,324.00 4.56 2,718.12 300,304.48 298,306.80

JPMORGAN CHASE & CO (CALLABLE)
DTD 04/23/2026 4.408% 04/23/2030
46647PFL5 445,000.00 A A1 04/15/26 04/23/26 445,000.00 4.41 3,705.17 445,000.00 441,215.28

STATE STREET CORP (CALLABLE)
DTD 04/24/2025 4.834% 04/24/2030
857477DB6 200,000.00 A Aa3 04/22/25 04/24/25 200,000.00 4.83 1,799.32 200,000.00 202,001.40

PACCAR FINANCIAL CORP
DTD 05/08/2025 4.550% 05/08/2030
69371RT71 400,000.00 A+ A1 05/05/25 05/08/25 399,380.00 4.59 2,679.44 399,510.81 402,536.80

ANALOG DEVICES INC (CALLABLE)
DTD 06/16/2025 4.500% 06/15/2030
032654BE4 400,000.00 A A2 06/12/25 06/16/25 399,648.00 4.52 800.00 399,716.08 399,025.20

NOVARTIS CAPITAL CORP (CALLABLE)
DTD 11/05/2025 4.100% 11/05/2030
66989HAY4 510,000.00 AA- Aa3 11/03/25 11/05/25 508,470.00 4.17 3,252.67 508,655.17 501,052.56

SHELL FINANCE US INC (CALLABLE)
DTD 11/06/2025 4.125% 11/06/2030
822905AN5 125,000.00 A+ Aa2 11/03/25 11/06/25 124,520.00 4.21 787.76 124,577.59 122,741.25

SHELL FINANCE US INC (CALLABLE)
DTD 11/06/2025 4.125% 11/06/2030
822905AN5 450,000.00 A+ Aa2 11/04/25 11/06/25 449,136.00 4.17 2,835.94 449,239.78 441,868.50

NORTHERN TRUST CORP
DTD 11/19/2025 4.150% 11/19/2030
665859AY0 115,000.00 A+ A2 11/12/25 11/19/25 114,943.65 4.16 556.79 114,950.25 113,338.14

NORTHERN TRUST CORP
DTD 11/19/2025 4.150% 11/19/2030
665859AY0 460,000.00 A+ A2 11/13/25 11/19/25 459,443.40 4.18 2,227.17 459,507.29 453,352.54 AMAZON.COM INC (CALLABLE)
DTD 11/20/2025 4.100% 11/20/2030
023135CT1 575,000.00 AA A1 11/17/25 11/20/25 574,384.75 4.12 2,684.93 574,453.83 565,110.58

TOTALENERGI CAP USA LLC (CALLABLE)
DTD 01/13/2026 4.248% 01/13/2031
89158TAA7 240,000.00 A+ Aa3 01/06/26 01/13/26 240,000.00 4.25 4,757.76 240,000.00 235,956.00 PFM Asset Management, a division of Page 11
U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026

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 Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

TOTALENERGI CAP USA LLC (CALLABLE)
DTD 01/13/2026 4.248% 01/13/2031
89158TAA7 335,000.00 A+ Aa3 01/07/26 01/13/26 335,613.05 4.21 6,641.04 335,560.28 329,355.25

NVIDIA CORP (CALLABLE)
DTD 06/18/2026 4.500% 06/15/2031
67066GAR5 390,000.00 AA Aa1 06/15/26 06/18/26 389,259.00 4.54 633.75 389,265.04 388,619.40 Security Type Sub-Total 15,241,000.00 15,081,933.57 4.35 153,430.87 15,201,542.56 15,190,631.75 Bank Note

MORGAN STANLEY BANK NA (CALLABLE)
DTD 07/19/2024 4.968% 07/14/2028
61690U8E3 525,000.00 A+ Aa3 07/18/24 07/19/24 525,525.00 4.94 12,099.15 525,191.20 527,234.93 Security Type Sub-Total 525,000.00 525,525.00 4.94 12,099.15 525,191.20 527,234.93 Asset-Backed Security
NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 349.82 AAA Aaa 09/20/22 09/28/22 349.75 4.46 0.69 349.81 349.90 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
891940AC2 24,705.47 AAA NR 01/24/23 01/30/23 24,705.46 4.63 50.84 24,705.47 24,725.83 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 8,655.59 NR Aaa 02/13/23 02/23/23 8,654.71 5.05 19.43 8,655.32 8,661.12 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 80,157.80 AAA NR 08/15/23 08/22/23 80,141.27 5.42 156.60 80,151.79 80,496.78 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
438123AC5 35,031.99 NR Aaa 11/01/23 11/08/23 35,025.82 5.67 55.18 35,029.19 35,247.44 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 112,590.68 AAA Aaa 08/15/23 08/23/23 112,583.70 5.53 276.72 112,587.71 113,077.53 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
161571HT4 405,000.00 AAA NR 09/07/23 09/15/23 404,887.73 5.17 928.80 404,946.92 406,020.20 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
02582JKD1 410,000.00 AAA NR 09/12/23 09/19/23 409,981.67 5.23 953.02 409,991.48 411,148.82 PFM Asset Management, a division of Page 12
U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026

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 Trade Settle Original YTM Accrued Amortized Market Par
Asset-Backed Security
PILOT 2025-1A A3
DTD 05/21/2025 4.610% 10/20/2028
73329KAD8 100,000.00 AAA NR 05/14/25 05/21/25 99,989.29 4.61 140.86 99,992.80 100,284.80 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 180,000.00 NR Aaa 12/07/23 12/14/23 179,975.83 4.98 398.40 179,987.94 180,575.46 AMXCA 2024-1 A
DTD 04/23/2024 5.230% 04/16/2029
02582JKH2 495,000.00 AAA NR 04/16/24 04/23/24 494,898.53 5.23 1,150.60 494,898.53 499,072.86 HAROT 2025-2 A3
DTD 05/08/2025 4.150% 10/15/2029
437921AD1 115,000.00 NR Aaa 04/29/25 05/08/25 114,987.15 4.15 212.11 114,990.47 114,746.89 BAAT 2025-1A A3
DTD 05/12/2025 4.350% 11/20/2029
05594BAD8 80,000.00 NR Aaa 05/06/25 05/12/25 79,994.48 4.35 106.33 79,995.98 80,038.32 MBART 2025-1 A3
DTD 01/23/2025 4.780% 12/17/2029
58773DAD6 550,000.00 NR Aaa 04/08/25 04/09/25 553,673.83 4.62 1,168.44 552,788.58 552,410.10 VZMT 2025-3 A1A
DTD 03/31/2025 4.510% 03/20/2030
92348KDY6 415,000.00 NR Aaa 03/25/25 03/31/25 414,982.16 4.51 571.89 414,987.23 415,703.43 GMCAR 2025-2 A3
DTD 05/14/2025 4.280% 04/16/2030
362549AD9 90,000.00 AAA Aaa 05/06/25 05/14/25 89,986.75 4.28 160.50 89,989.62 90,011.25 BACCT 2025-A1 A
DTD 06/12/2025 4.310% 05/15/2030
05522RDK1 250,000.00 AAA NR 06/05/25 06/12/25 249,999.05 4.31 478.89 250,000.00 249,906.75 WFCIT 2025-A1 A
DTD 06/10/2025 4.340% 05/15/2030
92970QAJ4 485,000.00 AAA NR 06/03/25 06/10/25 484,991.95 4.34 935.51 484,994.82 485,150.35 CCCIT 2025-A1 A
DTD 06/26/2025 4.300% 06/21/2030
17305EHA6 550,000.00 AAA Aaa 06/18/25 06/26/25 549,850.79 4.31 656.94 549,878.70 549,070.50 TAOT 2026-A A3
DTD 01/21/2026 3.860% 09/16/2030
89240KAD0 140,000.00 AAA Aaa 01/13/26 01/21/26 139,988.07 3.86 240.18 139,989.14 138,655.58 HAROT 2026-1 A3
DTD 02/18/2026 3.780% 09/23/2030
43815CAD0 145,000.00 NR Aaa 02/10/26 02/18/26 144,976.90 3.78 152.25 144,979.07 143,304.51 MBART 2026-1 A3
DTD 05/20/2026 4.360% 10/15/2030
58769MAD2 395,000.00 AAA NR 05/12/26 05/20/26 394,913.97 4.37 765.42 394,916.71 394,257.80 PFM Asset Management, a division of Page 13
U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending June 30, 2026

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 Trade Settle Original YTM Accrued Amortized Market Par
Asset-Backed Security
TAOT 2026-B A3
DTD 04/21/2026 4.130% 12/16/2030
89240QAD7 230,000.00 AAA Aaa 04/14/26 04/21/26 229,951.49 4.14 422.18 229,954.18 228,658.64 FORDO 2026-B A3
DTD 06/23/2026 4.390% 02/15/2031
34536DAD5 285,000.00 AAA NR 06/16/26 06/23/26 284,990.03 4.39 278.03 284,990.48 284,802.21 HART 2026-A A3
DTD 02/18/2026 3.790% 02/18/2031
448981AD2 165,000.00 AAA NR 02/10/26 02/18/26 164,988.86 3.79 277.93 164,990.20 162,808.47 BACCT 2026-A1 A
DTD 05/14/2026 4.220% 04/15/2031
05522RDL9 515,000.00 NR Aaa 05/07/26 05/14/26 514,948.19 4.22 965.91 514,950.95 513,159.39 Security Type Sub-Total 6,261,491.35 6,264,417.43 4.57 11,523.65 6,263,693.09 6,262,344.93 Managed Account Sub-Total 57,673,202.27 57,262,129.92 4.18 468,846.45 57,508,095.92 57,217,104.72 Joint Powers Authority
CAMP Pool 11,542.53 AAAm NR 11,542.53 0.00 11,542.53 11,542.53 Liquid Sub-Total 11,542.53 11,542.53 0.00 11,542.53 11,542.53 $57,684,744.80 $57,273,672.45 4.18% $468,846.45 $57,519,638.45 $57,228,647.25 $57,697,493.70
$468,846.45
Total Investments
Accrued Interest
Securities Sub-Total
PFM Asset Management, a division of Page 14
U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY N/B 91282CEV9 600,000.00 Citigrou 97.43 584,601.60 (4,453.09) (7,031.52) DTD 06/30/2022 3.250% 06/30/2029

2.82 4.17
US TREASURY N/B 91282CEV9 900,000.00 BMO 97.43 876,902.40 (1,511.66) (7,478.76) DTD 06/30/2022 3.250% 06/30/2029

2.82 4.17
US TREASURY N/B 91282CEV9 900,000.00 BMO 97.43 876,902.40 1,335.99 (4,723.97) DTD 06/30/2022 3.250% 06/30/2029

2.82 4.17
US TREASURY N/B 91282CEV9 925,000.00 Citigrou 97.43 901,260.80 (975.53) (5,948.02) DTD 06/30/2022 3.250% 06/30/2029

2.82 4.17
US TREASURY N/B 91282CEV9 1,500,000.00 Citigrou 97.43 1,461,504.00 (15,292.88) (21,396.97) DTD 06/30/2022 3.250% 06/30/2029

2.82 4.17
US TREASURY N/B 91282CEV9 1,675,000.00 MorganSt 97.43 1,632,012.80 10,665.14 (4,777.92) DTD 06/30/2022 3.250% 06/30/2029

2.82 4.17
US TREASURY N/B 91282CEV9 3,900,000.00 RBC Capi 97.43 3,799,910.40 (41,741.94) (53,604.99) DTD 06/30/2022 3.250% 06/30/2029

2.82 4.17
US TREASURY N/B 91282CMG3 300,000.00 Citigrou 100.22 300,656.40 (6,163.91) (5,187.31) DTD 01/31/2025 4.250% 01/31/2030

3.24 4.18
US TREASURY N/B 91282CMG3 900,000.00 Citigrou 100.22 901,969.20 (18,315.96) (16,062.10) DTD 01/31/2025 4.250% 01/31/2030

3.24 4.18
US TREASURY N/B 91282CMG3 975,000.00 HSBC 100.22 977,133.30 (20,108.89) (16,566.65) DTD 01/31/2025 4.250% 01/31/2030

3.24 4.18
US TREASURY N/B 91282CMG3 1,450,000.00 Citigrou 100.22 1,453,172.60 (25,147.71) (22,467.67) DTD 01/31/2025 4.250% 01/31/2030

3.24 4.18
US TREASURY N/B 91282CMG3 1,725,000.00 RBC Capi 100.22 1,728,774.30 (23,515.74) (21,596.75) DTD 01/31/2025 4.250% 01/31/2030

3.24 4.18
US TREASURY N/B 91282CMG3 4,150,000.00 BMO 100.22 4,159,080.20 (94,021.36) (86,025.00) DTD 01/31/2025 4.250% 01/31/2030

3.24 4.18
US TREASURY N/B 91282CNX5 650,000.00 BNP Sec 97.83 635,908.00 (1,244.34) (1,253.06) DTD 09/02/2025 3.625% 08/31/2030

3.78 4.20
US TREASURY N/B 91282CNX5 1,800,000.00 RBC Capi 97.83 1,760,976.00 1,335.37 696.78 DTD 09/02/2025 3.625% 08/31/2030

3.78 4.20
US TREASURY N/B 91282CNX5 2,000,000.00 RBC Capi 97.83 1,956,640.00 (18,203.75) (19,424.09) DTD 09/02/2025 3.625% 08/31/2030

3.78 4.20
US TREASURY N/B 91282CNX5 3,000,000.00 RBC Capi 97.83 2,934,960.00 (18,985.31) (20,487.64) DTD 09/02/2025 3.625% 08/31/2030

3.78 4.20
PFM Asset Management, a division of Page 15
U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Security Type Sub-Total 27,350,000.00 26,942,364.40 (276,345.57) (313,335.64) 3.23 4.18 Municipal Bond / Note
CA ST 13063D3N6 200,000.00 WellsFar 100.44 200,870.40 870.40 870.40 DTD 03/15/2023 4.846% 03/01/2027

0.64 4.17
Security Type Sub-Total 200,000.00 200,870.40 870.40 870.40 0.64 4.17 Federal Agency Commercial Mortgage-Backed Security
FHMS K058 A2 3137BSP72 455,062.23 BREAN 99.68 453,611.04 17,711.20 (598.12) DTD 11/01/2016 2.653% 08/01/2026

0.15 3.63
FHMS K061 A2 3137BTUM1 356,149.11 Citigrou 99.54 354,527.92 9,341.52 (369.30) DTD 01/01/2017 3.347% 11/01/2026

0.33 4.09
FHMS K064 A2 3137BXQY1 550,000.00 MorganSt 99.27 545,977.30 27,172.61 2,327.01 DTD 05/01/2017 3.224% 03/01/2027

0.55 4.18
FHMS K065 A2 3137F1G44 550,000.00 Citigrou 99.10 545,052.75 18,019.55 (96.50) DTD 07/01/2017 3.243% 04/01/2027

0.71 4.24
FHMS KJ48 A1 3137HBC69 258,420.57 JPMorgan 100.39 259,423.76 1,005.26 1,003.66 DTD 12/01/2023 4.858% 05/01/2028

1.55 4.45
FHMS KJ46 A1 3137HAD45 417,119.63 JPMorgan 100.21 418,007.26 898.03 891.83 DTD 07/01/2023 4.777% 06/01/2028

1.20 4.38
FHMS K505 A2 3137HACX2 550,000.00 JPMorgan 100.45 552,459.05 (3,034.35) 249.31 DTD 07/01/2023 4.819% 06/01/2028

1.75 4.43
FNA 2023-M6 A2 3136BQDE6 503,959.39 JPMorgan 99.34 500,657.95 5,242.25 241.76 DTD 07/01/2023 4.190% 07/01/2028

1.89 4.42
FHMS K508 A2 3137HAQ74 500,000.00 BMO 100.39 501,950.50 12,918.50 7,179.37 DTD 10/01/2023 4.740% 08/01/2028

1.94 4.42
FHMS K506 A2 3137HAMH6 800,000.00 WellsFar 100.19 801,533.60 13,368.00 7,059.55 DTD 09/01/2023 4.650% 08/01/2028

1.91 4.43
FHMS K509 A2 3137HAST4 375,000.00 MorganSt 100.56 377,091.38 14,047.50 8,059.38 DTD 10/01/2023 4.850% 09/01/2028

2.02 4.46
FHMS K507 A2 3137HAMS2 500,000.00 BOFAML 100.52 502,597.00 8,573.50 5,512.72 DTD 09/01/2023 4.800% 09/01/2028

1.97 4.42
FHMS K510 A2 3137HB3D4 180,000.00 JPMorgan 101.07 181,922.22 2,442.60 2,184.12 DTD 11/01/2023 5.069% 10/01/2028

2.05 4.44
PFM Asset Management, a division of Page 16
U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Federal Agency Commercial Mortgage-Backed Security
FHMS K511 A2 3137HB3G7 275,000.00 BOFAML 100.69 276,900.25 2,690.32 2,300.15 DTD 12/01/2023 4.860% 10/01/2028

2.09 4.42
FHMS K514 A2 3137HBLV4 290,000.00 JPMorgan 100.00 290,008.12 (2,891.59) (1,549.41) DTD 02/01/2024 4.572% 12/01/2028

2.18 4.47
FHMS K524 A2 3137HDV56 440,000.00 PIER 100.50 442,180.64 (521.40) 457.34 DTD 07/01/2024 4.720% 05/01/2029

2.62 4.46
FHMS K526 A2 3137HDXL9 495,000.00 BMO 100.16 495,795.96 (3,834.27) (2,197.80) DTD 08/01/2024 4.543% 07/01/2029

2.78 4.42
FHMS K539 A2 3137HKXJ8 190,000.00 JPMorgan 99.84 189,687.26 (306.09) (307.71) DTD 04/01/2025 4.410% 01/01/2030

3.21 4.41
FNA 2026-M11 2A2 3136G5V64 410,000.00 WellsFar 98.60 404,274.35 (728.78) (658.08) DTD 05/01/2026 4.250% 05/01/2031

4.29 4.55
Security Type Sub-Total 8,095,710.92 8,093,658.31 122,114.36 31,689.28 1.78 4.35 Corporate Note
BMW US CAPITAL LLC (CALLABLE) 05565EBW4 175,000.00 SUMITR 07/12/26 99.65 174,383.12 (564.38) (615.68) DTD 08/12/2021 1.250% 08/12/2026

0.11 4.38
CATERPILLAR FINL SERVICE 14913R2U0 225,000.00 JPMorgan 98.76 222,211.58 (1,652.17) (2,670.05) DTD 01/10/2022 1.700% 01/08/2027

0.51 4.14
TARGET CORP (CALLABLE) 87612EBM7 40,000.00 Citigrou 12/15/26 98.83 39,532.72 (399.28) (459.91) DTD 01/24/2022 1.950% 01/15/2027

0.53 4.16
BANK OF NY MELLON CORP (CALLABLE) 06406RBA4 475,000.00 Deutsche 12/24/26 98.80 469,290.98 (4,654.52) (5,588.79) DTD 01/26/2022 2.050% 01/26/2027

0.55 4.21
MICROSOFT CORP (CALLABLE) 594918BY9 750,000.00 GoldmanS 11/06/26 99.47 746,052.75 24,110.25 364.66 DTD 02/06/2017 3.300% 02/06/2027

0.57 4.20
AMERICAN EXPRESS CO (CALLABLE) 025816CS6 300,000.00 RBS 02/01/27 98.89 296,679.60 19,476.60 407.51 DTD 03/04/2022 2.550% 03/04/2027

0.65 4.23
BERKSHIRE HATHAWAY FIN (CALLABLE) 084664CZ2 475,000.00 SEEL 02/15/27 98.68 468,733.33 2,644.33 (5,007.83) DTD 03/15/2022 2.300% 03/15/2027

0.68 4.21
CHARLES SCHWAB CORP (CALLABLE) 808513BW4 300,000.00 Barclays 01/01/27 99.31 297,925.50 13,000.50 677.53 DTD 09/24/2021 3.300% 04/01/2027

0.71 4.24
NATIONAL AUSTRALIA BK/NY 63254ABE7 500,000.00 CAS 99.59 497,966.50 9,641.50 462.48 DTD 06/09/2022 3.905% 06/09/2027

0.91 4.35
PFM Asset Management, a division of Page 17
U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Corporate Note
APPLE INC (CALLABLE) 037833DB3 775,000.00 TD Secur 06/12/27 98.59 764,035.30 22,972.55 (2,200.80) DTD 09/12/2017 2.900% 09/12/2027

1.13 4.12
TOYOTA MOTOR CREDIT CORP 89236TKQ7 375,000.00 WellsFar 100.48 376,801.88 519.38 1,403.09 DTD 01/12/2023 4.625% 01/12/2028

1.44 4.30
NATIONAL RURAL UTIL COOP (CALLABLE) 637432NP6 350,000.00 MorganSt 11/07/27 98.29 344,031.45 14,842.45 746.93 DTD 02/07/2018 3.400% 02/07/2028

1.48 4.51
TEXAS INSTRUMENTS INC (CALLABLE) 882508BV5 85,000.00 JPMorgan 01/15/28 100.43 85,369.07 (1,674.33) (305.97) DTD 11/18/2022 4.600% 02/15/2028

1.48 4.32
BRISTOL-MYERS SQUIBB CO (CALLABLE) 110122DE5 211,000.00 MAXE 11/20/27 99.45 209,843.30 8,260.23 1,964.61 DTD 07/15/2020 3.900% 02/20/2028

1.46 4.25
LOCKHEED MARTIN CORP (CALLABLE) 539830BZ1 60,000.00 Barclays 04/15/28 100.11 60,068.34 176.34 109.01 DTD 05/25/2023 4.450% 05/15/2028

1.73 4.38
JOHN DEERE CAPITAL CORP 24422EXB0 375,000.00 Citigrou 101.24 379,647.75 1,782.75 3,473.88 DTD 07/14/2023 4.950% 07/14/2028

1.88 4.31
CITIBANK NA (CALLABLE) 17325FBB3 750,000.00 Barclays 08/29/28 102.88 771,626.25 25,346.25 23,433.22 DTD 09/29/2023 5.803% 09/29/2028

2.01 4.44
AIR PRODUCTS & CHEMICALS (CALLABLE) 009158BH8 340,000.00 Barclays 01/08/29 100.35 341,178.78 1,630.98 1,426.95 DTD 02/08/2024 4.600% 02/08/2029

2.35 4.46
CISCO SYSTEMS INC (CALLABLE) 17275RBR2 420,000.00 Citigrou 01/26/29 101.06 424,459.98 4,606.98 4,541.60 DTD 02/26/2024 4.850% 02/26/2029

2.39 4.42
BLACKROCK FUNDING INC (CALLABLE) 09290DAA9 50,000.00 Citigrou 02/14/29 100.99 50,496.20 586.70 547.61 DTD 03/14/2024 4.700% 03/14/2029

2.44 4.30
BLACKROCK FUNDING INC (CALLABLE) 09290DAA9 725,000.00 BOFAML 02/14/29 100.99 732,194.90 6,839.65 6,991.10 DTD 03/14/2024 4.700% 03/14/2029

2.44 4.30
ADOBE INC (CALLABLE) 00724PAF6 170,000.00 SEEL 03/04/29 100.98 171,661.24 1,885.64 1,791.42 DTD 04/04/2024 4.800% 04/04/2029

2.49 4.42
ADOBE INC (CALLABLE) 00724PAF6 205,000.00 BOFAML 03/04/29 100.98 207,003.26 2,308.71 2,180.63 DTD 04/04/2024 4.800% 04/04/2029

2.49 4.42
WELLS FARGO & COMPANY (CALLABLE) 95000U3T8 110,000.00 SEEL 04/23/28 100.49 110,536.69 448.69 481.92 DTD 04/23/2025 4.970% 04/23/2029

1.71 4.77
WELLS FARGO & COMPANY (CALLABLE) 95000U3T8 290,000.00 WellsFar 04/23/28 100.49 291,414.91 1,414.91 1,414.91 DTD 04/23/2025 4.970% 04/23/2029

1.71 4.77
BANK OF AMERICA CORP (CALLABLE) 06051GMT3 600,000.00 BOFAML 05/09/28 99.95 599,710.80 (289.20) (289.20) DTD 05/09/2025 4.623% 05/09/2029

1.75 4.68
PFM Asset Management, a division of Page 18
U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Corporate Note
HOME DEPOT INC (CALLABLE) 437076DC3 125,000.00 MorganSt 05/25/29 100.99 126,237.13 2,043.38 1,741.41 DTD 06/25/2024 4.750% 06/25/2029

2.71 4.39
HOME DEPOT INC (CALLABLE) 437076DC3 250,000.00 PNCBank 05/25/29 100.99 252,474.25 3,846.75 3,332.19 DTD 06/25/2024 4.750% 06/25/2029

2.71 4.39
AMERICAN HONDA FINANCE 02665WFQ9 400,000.00 Deutsche 98.95 395,794.00 (3,726.00) (3,889.22) DTD 09/05/2024 4.400% 09/05/2029

2.89 4.76
MARS INC (CALLABLE) 571676AY1 115,000.00 BOFAML 02/01/30 100.30 115,342.59 466.79 436.98 DTD 03/12/2025 4.800% 03/01/2030

3.25 4.71
GOLDMAN SACHS GROUP INC (CALLABLE) 38141GE83 275,000.00 GoldmanS 04/20/29 99.44 273,447.90 (1,552.10) (1,552.10) DTD 04/20/2026 4.594% 04/20/2030

2.59 4.77
GOLDMAN SACHS GROUP INC (CALLABLE) 38141GE83 300,000.00 RBC Capi 04/20/29 99.44 298,306.80 (2,017.20) (1,997.68) DTD 04/20/2026 4.594% 04/20/2030

2.59 4.77
JPMORGAN CHASE & CO (CALLABLE) 46647PFL5 445,000.00 JPMorgan 04/23/29 99.15 441,215.28 (3,784.72) (3,784.72) DTD 04/23/2026 4.408% 04/23/2030

2.61 4.67
STATE STREET CORP (CALLABLE) 857477DB6 200,000.00 MorganSt 03/24/30 101.00 202,001.40 2,001.40 2,001.40 DTD 04/24/2025 4.834% 04/24/2030

3.39 4.54
PACCAR FINANCIAL CORP 69371RT71 400,000.00 TD Secur 100.63 402,536.80 3,156.80 3,025.99 DTD 05/08/2025 4.550% 05/08/2030

3.48 4.37
ANALOG DEVICES INC (CALLABLE) 032654BE4 400,000.00 BOFAML 05/15/30 99.76 399,025.20 (622.80) (690.88) DTD 06/16/2025 4.500% 06/15/2030

3.55 4.57
NOVARTIS CAPITAL CORP (CALLABLE) 66989HAY4 510,000.00 JPMorgan 10/05/30 98.25 501,052.56 (7,417.44) (7,602.61) DTD 11/05/2025 4.100% 11/05/2030

3.89 4.55
SHELL FINANCE US INC (CALLABLE) 822905AN5 125,000.00 MorganSt 10/06/30 98.19 122,741.25 (1,778.75) (1,836.34) DTD 11/06/2025 4.125% 11/06/2030

3.89 4.59
SHELL FINANCE US INC (CALLABLE) 822905AN5 450,000.00 RBC Capi 10/06/30 98.19 441,868.50 (7,267.50) (7,371.28) DTD 11/06/2025 4.125% 11/06/2030

3.89 4.59
NORTHERN TRUST CORP 665859AY0 115,000.00 BOFAML 98.55 113,338.14 (1,605.51) (1,612.11) DTD 11/19/2025 4.150% 11/19/2030

3.95 4.52
NORTHERN TRUST CORP 665859AY0 460,000.00 CIDLY 98.55 453,352.54 (6,090.86) (6,154.75) DTD 11/19/2025 4.150% 11/19/2030

3.95 4.52
AMAZON.COM INC (CALLABLE) 023135CT1 575,000.00 JPMorgan 10/20/30 98.28 565,110.58 (9,274.17) (9,343.25) DTD 11/20/2025 4.100% 11/20/2030

3.93 4.54
TOTALENERGI CAP USA LLC (CALLABLE) 89158TAA7 240,000.00 Citigrou 12/13/30 98.32 235,956.00 (4,044.00) (4,044.00) DTD 01/13/2026 4.248% 01/13/2031

3.97 4.66
PFM Asset Management, a division of Page 19
U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Corporate Note
TOTALENERGI CAP USA LLC (CALLABLE) 89158TAA7 335,000.00 TD Secur 12/13/30 98.32 329,355.25 (6,257.80) (6,205.03) DTD 01/13/2026 4.248% 01/13/2031

3.97 4.66
NVIDIA CORP (CALLABLE) 67066GAR5 390,000.00 GoldmanS 05/15/31 99.65 388,619.40 (639.60) (645.64) DTD 06/18/2026 4.500% 06/15/2031

4.36 4.58
Security Type Sub-Total 15,241,000.00 15,190,631.75 108,698.18 (10,910.81) 2.26 4.44 Bank Note
MORGAN STANLEY BANK NA (CALLABLE) 61690U8E3 525,000.00 Citigrou 07/14/27 100.43 527,234.93 1,709.93 2,043.73 DTD 07/19/2024 4.968% 07/14/2028

0.98 4.56
Security Type Sub-Total 525,000.00 527,234.93 1,709.93 2,043.73 0.98 4.56 Asset-Backed Security
NAROT 2022-B A3 65480JAC4 349.82 WellsFar 100.02 349.90 0.15 0.09 DTD 09/28/2022 4.460% 05/17/2027

0.04 3.95
TAOT 2023-A A3 891940AC2 24,705.47 BOFAML 100.08 24,725.83 20.37 20.36 DTD 01/30/2023 4.630% 09/15/2027

0.12 3.95
HDMOT 2023-A A3 41285JAD0 8,655.59 JPMorgan 100.06 8,661.12 6.41 5.80 DTD 02/23/2023 5.050% 12/15/2027

0.06 3.99
HAROT 2023-3 A3 43815QAC1 80,157.80 BOFAML 100.42 80,496.78 355.51 344.99 DTD 08/22/2023 5.410% 02/18/2028

0.29 3.99
HAROT 2023-4 A3 438123AC5 35,031.99 JPMorgan 100.62 35,247.44 221.62 218.25 DTD 11/08/2023 5.670% 06/21/2028

0.44 4.34
FITAT 2023-1 A3 31680EAD3 112,590.68 JPMorgan 100.43 113,077.53 493.83 489.82 DTD 08/23/2023 5.530% 08/15/2028

0.34 4.32
CHAIT 2023-A1 A 161571HT4 405,000.00 JPMorgan 100.25 406,020.20 1,132.47 1,073.28 DTD 09/15/2023 5.160% 09/15/2028

0.21 3.96
AMXCA 2023-3 A 02582JKD1 410,000.00 Citigrou 100.28 411,148.82 1,167.15 1,157.34 DTD 09/19/2023 5.230% 09/15/2028

0.21 3.89
PILOT 2025-1A A3 73329KAD8 100,000.00 Barclays 100.28 100,284.80 295.51 292.00 DTD 05/21/2025 4.610% 10/20/2028

1.07 4.39
BACCT 2023-A2 A2 05522RDH8 180,000.00 BOFAML 100.32 180,575.46 599.63 587.52 DTD 12/14/2023 4.980% 11/15/2028

0.37 4.15
PFM Asset Management, a division of Page 20
U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Asset-Backed Security
AMXCA 2024-1 A 02582JKH2 495,000.00 Barclays 100.82 499,072.86 4,174.33 4,174.33 DTD 04/23/2024 5.230% 04/16/2029

0.76 4.20
HAROT 2025-2 A3 437921AD1 115,000.00 JPMorgan 99.78 114,746.89 (240.26) (243.58) DTD 05/08/2025 4.150% 10/15/2029

1.11 4.38
BAAT 2025-1A A3 05594BAD8 80,000.00 BOFAML 100.05 80,038.32 43.84 42.34 DTD 05/12/2025 4.350% 11/20/2029

0.83 4.33
MBART 2025-1 A3 58773DAD6 550,000.00 WellsFar 100.44 552,410.10 (1,263.73) (378.48) DTD 01/23/2025 4.780% 12/17/2029

0.81 4.29
VZMT 2025-3 A1A 92348KDY6 415,000.00 BOFAML 100.17 415,703.43 721.27 716.20 DTD 03/31/2025 4.510% 03/20/2030

1.23 4.47
GMCAR 2025-2 A3 362549AD9 90,000.00 TD Secur 100.01 90,011.25 24.50 21.63 DTD 05/14/2025 4.280% 04/16/2030

0.94 4.30
BACCT 2025-A1 A 05522RDK1 250,000.00 BOFAML 99.96 249,906.75 (92.30) (93.25) DTD 06/12/2025 4.310% 05/15/2030

1.76 4.37
WFCIT 2025-A1 A 92970QAJ4 485,000.00 WellsFar 100.03 485,150.35 158.40 155.53 DTD 06/10/2025 4.340% 05/15/2030

1.77 4.31
CCCIT 2025-A1 A 17305EHA6 550,000.00 Citigrou 99.83 549,070.50 (780.29) (808.20) DTD 06/26/2025 4.300% 06/21/2030

1.87 4.39
TAOT 2026-A A3 89240KAD0 140,000.00 BNP Sec 99.04 138,655.58 (1,332.49) (1,333.56) DTD 01/21/2026 3.860% 09/16/2030

1.68 4.46
HAROT 2026-1 A3 43815CAD0 145,000.00 MUFG 98.83 143,304.51 (1,672.39) (1,674.56) DTD 02/18/2026 3.780% 09/23/2030

1.95 4.41
MBART 2026-1 A3 58769MAD2 395,000.00 MUFG 99.81 394,257.80 (656.17) (658.91) DTD 05/20/2026 4.360% 10/15/2030

2.07 4.49
TAOT 2026-B A3 89240QAD7 230,000.00 MIZU 99.42 228,658.64 (1,292.85) (1,295.54) DTD 04/21/2026 4.130% 12/16/2030

2.14 4.44
FORDO 2026-B A3 34536DAD5 285,000.00 Citigrou 99.93 284,802.21 (187.82) (188.27) DTD 06/23/2026 4.390% 02/15/2031

2.18 4.46
HART 2026-A A3 448981AD2 165,000.00 BOFAML 98.67 162,808.47 (2,180.39) (2,181.73) DTD 02/18/2026 3.790% 02/18/2031

2.02 4.48
BACCT 2026-A1 A 05522RDL9 515,000.00 BOFAML 99.64 513,159.39 (1,788.80) (1,791.56) DTD 05/14/2026 4.220% 04/15/2031

2.58 4.40
Security Type Sub-Total 6,261,491.35 6,262,344.93 (2,072.50) (1,348.16) 1.35 4.30 PFM Asset Management, a division of Page 21
U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Managed Account Sub-Total 57,673,202.27 57,217,104.72 (45,025.20) (290,991.20) 2.53 4.29 Joint Powers Authority
CAMP Pool 11,542.53 1.00 11,542.53 0.00 0.00 0.00
Liquid Sub-Total 11,542.53 11,542.53 0.00 0.00 0.00
Total Investments $57,697,493.70
$468,846.45
$57,228,647.25
Accrued Interest
Securities Sub-Total $57,684,744.80 ($45,025.20) ($290,991.20) 2.53 4.29% PFM Asset Management, a division of Page 22
U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
BUY
06/04/26 US TREASURY N/B
DTD 09/02/2025 3.625% 08/31/2030
06/01/26 91282CNX5 1,800,000.00 (1,759,640.63) (17,021.74) (1,776,662.37) 06/18/26 NVIDIA CORP (CALLABLE)
DTD 06/18/2026 4.500% 06/15/2031
06/15/26 67066GAR5 390,000.00 (389,259.00) 0.00 (389,259.00) 06/23/26 FORDO 2026-B A3
DTD 06/23/2026 4.390% 02/15/2031
06/16/26 34536DAD5 285,000.00 (284,990.03) 0.00 (284,990.03) 06/29/26 FNA 2026-M11 2A2
DTD 05/01/2026 4.250% 05/01/2031
06/26/26 3136G5V64 410,000.00 (405,003.13) (1,355.28) (406,358.41) 06/30/26 US TREASURY N/B
DTD 09/02/2025 3.625% 08/31/2030
06/29/26 91282CNX5 650,000.00 (637,152.34) (7,811.48) (644,963.82) Transaction Type Sub-Total 3,535,000.00 (3,476,045.13) (26,188.50) (3,502,233.63)

INTEREST
06/25/26 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
06/01/26 3137HB3D4 0.00 760.35 760.35
06/25/26 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
06/01/26 3137HBLV4 0.00 1,104.90 1,104.90
06/25/26 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
06/01/26 3137F1G44 0.00 1,486.38 1,486.38
06/25/26 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
06/01/26 3137HACX2 0.00 2,208.71 2,208.71
06/25/26 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
06/01/26 3137BXQY1 0.00 1,477.67 1,477.67
06/25/26 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
06/01/26 3137HDV56 0.00 1,730.67 1,730.67
06/25/26 FHMS K539 A2
DTD 04/01/2025 4.410% 01/01/2030
06/01/26 3137HKXJ8 0.00 698.25 698.25
06/25/26 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
06/01/26 3137HBC69 0.00 1,050.62 1,050.62
06/25/26 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
06/01/26 3137HAMS2 0.00 2,000.00 2,000.00
06/25/26 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
06/01/26 3137HAQ74 0.00 1,975.00 1,975.00
PFM Asset Management, a division of Page 23
U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
06/25/26 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
06/01/26 3137HAMH6 0.00 3,100.00 3,100.00
06/25/26 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
06/01/26 3137HB3G7 0.00 1,113.75 1,113.75
06/25/26 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
06/01/26 3137HAD45 0.00 1,886.85 1,886.85
06/25/26 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
06/01/26 3136BQDE6 0.00 1,759.79 1,759.79
06/25/26 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
06/01/26 3137HDXL9 0.00 1,873.99 1,873.99
06/25/26 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
06/01/26 3137HAST4 0.00 1,515.63 1,515.63
06/25/26 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
06/01/26 3137BTUM1 0.00 995.53 995.53
06/25/26 FHMS K058 A2
DTD 11/01/2016 2.653% 08/01/2026
06/01/26 3137BSP72 0.00 1,122.81 1,122.81
06/09/26 NATIONAL AUSTRALIA BK/NY
DTD 06/09/2022 3.905% 06/09/2027
06/09/26 63254ABE7 0.00 9,762.50 9,762.50
06/15/26 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
06/15/26 161571HT4 0.00 1,741.50 1,741.50
06/15/26 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
06/15/26 05522RDH8 0.00 747.00 747.00
06/15/26 AMXCA 2024-1 A
DTD 04/23/2024 5.230% 04/16/2029
06/15/26 02582JKH2 0.00 2,157.37 2,157.37
06/15/26 MBART 2025-1 A3
DTD 01/23/2025 4.780% 12/17/2029
06/15/26 58773DAD6 0.00 2,190.83 2,190.83
06/15/26 HART 2026-A A3
DTD 02/18/2026 3.790% 02/18/2031
06/15/26 448981AD2 0.00 521.12 521.12
06/15/26 DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
06/15/26 254683CZ6 0.00 1,437.92 1,437.92
06/15/26 BACCT 2026-A1 A
DTD 05/14/2026 4.220% 04/15/2031
06/15/26 05522RDL9 0.00 1,871.45 1,871.45
06/15/26 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
06/15/26 02582JKD1 0.00 1,786.92 1,786.92
PFM Asset Management, a division of Page 24
U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
06/15/26 TAOT 2026-A A3
DTD 01/21/2026 3.860% 09/16/2030
06/15/26 89240KAD0 0.00 450.33 450.33
06/15/26 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
06/15/26 344928AD8 0.00 92.33 92.33
06/15/26 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
06/15/26 891940AC2 0.00 129.54 129.54
06/15/26 MBART 2026-1 A3
DTD 05/20/2026 4.360% 10/15/2030
06/15/26 58769MAD2 0.00 1,195.97 1,195.97
06/15/26 HAROT 2025-2 A3
DTD 05/08/2025 4.150% 10/15/2029
06/15/26 437921AD1 0.00 397.71 397.71
06/15/26 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
06/15/26 31680EAD3 0.00 582.91 582.91
06/15/26 BACCT 2025-A1 A
DTD 06/12/2025 4.310% 05/15/2030
06/15/26 05522RDK1 0.00 897.92 897.92
06/15/26 ANALOG DEVICES INC (CALLABLE)
DTD 06/16/2025 4.500% 06/15/2030
06/15/26 032654BE4 0.00 9,000.00 9,000.00
06/15/26 TAOT 2026-B A3
DTD 04/21/2026 4.130% 12/16/2030
06/15/26 89240QAD7 0.00 791.58 791.58
06/15/26 WFCIT 2025-A1 A
DTD 06/10/2025 4.340% 05/15/2030
06/15/26 92970QAJ4 0.00 1,754.08 1,754.08
06/15/26 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
06/15/26 41285JAD0 0.00 64.34 64.34
06/15/26 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
06/15/26 65480JAC4 0.00 16.63 16.63
06/16/26 GMCAR 2025-2 A3
DTD 05/14/2025 4.280% 04/16/2030
06/16/26 362549AD9 0.00 321.00 321.00
06/18/26 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
06/18/26 43815QAC1 0.00 419.71 419.71
06/20/26 PILOT 2025-1A A3
DTD 05/21/2025 4.610% 10/20/2028
06/20/26 73329KAD8 0.00 384.17 384.17
06/20/26 BAAT 2025-1A A3
DTD 05/12/2025 4.350% 11/20/2029
06/20/26 05594BAD8 0.00 290.00 290.00
06/20/26 VZMT 2025-3 A1A
DTD 03/31/2025 4.510% 03/20/2030
06/20/26 92348KDY6 0.00 1,559.71 1,559.71
PFM Asset Management, a division of Page 25
U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
06/21/26 CCCIT 2025-A1 A
DTD 06/26/2025 4.300% 06/21/2030
06/21/26 17305EHA6 0.00 11,825.00 11,825.00
06/21/26 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
06/21/26 438123AC5 0.00 183.15 183.15
06/21/26 HAROT 2026-1 A3
DTD 02/18/2026 3.780% 09/23/2030
06/21/26 43815CAD0 0.00 456.75 456.75
06/25/26 HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
06/25/26 437076DC3 0.00 8,906.25 8,906.25
06/30/26 US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
06/30/26 91282CEV9 0.00 176,718.75 176,718.75
Transaction Type Sub-Total 0.00 266,515.34 266,515.34

PAYDOWNS
06/25/26 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
06/01/26 3137BTUM1 778.74 778.74 0.00 778.74 23.97 3.31 06/25/26 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
06/01/26 3137HAD45 10,036.46 10,036.46 0.00 10,036.46 0.25 0.11 06/25/26 FHMS K058 A2
DTD 11/01/2016 2.653% 08/01/2026
06/01/26 3137BSP72 52,802.96 52,802.96 0.00 52,802.96 2,223.50 153.98 06/25/26 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
06/01/26 3136BQDE6 37.75 37.75 0.00 37.75 0.64 0.28
06/25/26 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
06/01/26 3137HBC69 1,098.89 1,098.89 0.00 1,098.89 0.01 0.00 06/15/26 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
06/15/26 65480JAC4 4,123.27 4,123.27 0.00 4,123.27 0.85 0.17 06/15/26 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
06/15/26 344928AD8 4,376.31 4,376.31 0.00 4,376.31 0.46 0.16 06/15/26 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
06/15/26 891940AC2 8,867.38 8,867.38 0.00 8,867.38 0.00 0.00 06/15/26 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
06/15/26 31680EAD3 13,900.50 13,900.50 0.00 13,900.50 0.86 0.38 06/15/26 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
06/15/26 41285JAD0 6,634.22 6,634.22 0.00 6,634.22 0.67 0.21 PFM Asset Management, a division of Page 26
U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

PAYDOWNS
06/15/26 DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
06/15/26 254683CZ6 350,000.00 350,000.00 0.00 350,000.00 47.28 19.05 06/18/26 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
06/18/26 43815QAC1 12,937.87 12,937.87 0.00 12,937.87 2.67 0.99 06/21/26 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
06/21/26 438123AC5 3,730.85 3,730.85 0.00 3,730.85 0.66 0.30 Transaction Type Sub-Total 469,325.20 469,325.20 0.00 469,325.20 2,301.82 178.94 SELL
06/04/26 US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
06/01/26 912828U24 75,000.00 74,419.92 81.52 74,501.44 3,978.51 (45.31) FIFO 06/04/26 US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
06/01/26 91282CJR3 850,000.00 842,363.28 13,648.14 856,011.42 9,828.12 4,209.49 FIFO 06/18/26 US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
06/15/26 91282CEV9 350,000.00 341,386.72 5,310.43 346,697.15 2,597.66 (540.13) FIFO 06/25/26 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
06/24/26 344928AD8 19,449.97 19,471.24 25.12 19,496.36 23.30 21.95 FIFO 06/29/26 US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
06/26/26 91282CEV9 150,000.00 146,460.94 2,424.03 148,884.97 1,265.63 (111.45) FIFO 06/30/26 US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
06/29/26 91282CEV9 475,000.00 463,496.09 0.00 463,496.09 3,710.93 (659.11) FIFO Transaction Type Sub-Total 1,919,449.97 1,887,598.19 21,489.24 1,909,087.43 21,404.15 2,875.44 Managed Account Sub-Total (1,119,121.74) 261,816.08 (857,305.66) 23,705.97 3,054.38 Total Security Transactions ($1,119,121.74) $261,816.08 ($857,305.66) $23,705.97 $3,054.38 PFM Asset Management, a division of Page 27
U.S. Bancorp Asset Management, Inc.

Account Statement For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Trade Settlement Share or Dollar Amount Total
Date Date Transaction Description Unit Price of Transaction Shares Owned CAMP Pool
Opening Balance 872,601.09
06/04/26 06/04/26 Purchase - Interest 912828U24 1.00 81.52 872,682.61 06/04/26 06/04/26 Purchase - Principal 912828U24 1.00 74,419.92 947,102.53 06/04/26 06/04/26 Purchase - Interest 91282CJR3 1.00 13,648.14 960,750.67 06/04/26 06/04/26 Purchase - Principal 91282CJR3 1.00 842,363.28 1,803,113.95 06/04/26 06/04/26 Redemption - Principal 91282CNX5 1.00 (1,759,640.63) 43,473.32 06/04/26 06/04/26 Redemption - Interest 91282CNX5 1.00 (17,021.74) 26,451.58 06/09/26 06/09/26 Purchase - Interest 63254ABE7 1.00 9,762.50 36,214.08 06/15/26 06/15/26 Purchase - Interest 032654BE4 1.00 9,000.00 45,214.08 06/15/26 06/15/26 Purchase - Interest 02582JKD1 1.00 1,786.92 47,001.00 06/15/26 06/15/26 Purchase - Interest 02582JKH2 1.00 2,157.38 49,158.38 06/15/26 06/15/26 Purchase - Interest 05522RDH8 1.00 747.00 49,905.38 06/15/26 06/15/26 Purchase - Interest 05522RDK1 1.00 897.92 50,803.30 06/15/26 06/15/26 Purchase - Interest 05522RDL9 1.00 1,871.45 52,674.75 06/15/26 06/15/26 Purchase - Interest 161571HT4 1.00 1,741.50 54,416.25 06/15/26 06/15/26 Purchase - Interest 254683CZ6 1.00 1,437.92 55,854.17 06/15/26 06/15/26 Purchase - Interest 31680EAD3 1.00 582.91 56,437.08 06/15/26 06/15/26 Purchase - Interest 344928AD8 1.00 92.33 56,529.41 06/15/26 06/15/26 Purchase - Interest 41285JAD0 1.00 64.34 56,593.75 06/15/26 06/15/26 Purchase - Interest 437921AD1 1.00 397.71 56,991.46 06/15/26 06/15/26 Purchase - Interest 448981AD2 1.00 521.13 57,512.59 06/15/26 06/15/26 Purchase - Interest 58769MAD2 1.00 1,195.97 58,708.56 PFM Asset Management, a division of Page 28
U.S. Bancorp Asset Management, Inc.

Account Statement For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Trade Settlement Share or Dollar Amount Total
Date Date Transaction Description Unit Price of Transaction Shares Owned CAMP Pool
06/15/26 06/15/26 Purchase - Interest 58773DAD6 1.00 2,190.83 60,899.39 06/15/26 06/15/26 Purchase - Interest 65480JAC4 1.00 16.62 60,916.01 06/15/26 06/15/26 Purchase - Interest 891940AC2 1.00 129.54 61,045.55 06/15/26 06/15/26 Purchase - Interest 89240KAD0 1.00 450.33 61,495.88 06/15/26 06/15/26 Purchase - Interest 89240QAD7 1.00 791.58 62,287.46 06/15/26 06/15/26 Purchase - Interest 92970QAJ4 1.00 1,754.08 64,041.54 06/15/26 06/15/26 Purchase - Correction to Interest 02582JKH2 from 06/15/2026 1.00 2,157.37 66,198.91 06/15/26 06/15/26 Purchase - Correction to Interest 448981AD2 from 06/15/2026 1.00 521.12 66,720.03 06/15/26 06/15/26 Purchase - Correction to Interest 65480JAC4 from 06/15/2026 1.00 16.63 66,736.66 06/15/26 06/15/26 Purchase - Principal 31680EAD3 1.00 13,900.50 80,637.16 06/15/26 06/15/26 Purchase - Principal 344928AD8 1.00 4,376.31 85,013.47 06/15/26 06/15/26 Purchase - Principal 41285JAD0 1.00 6,634.22 91,647.69 06/15/26 06/15/26 Purchase - Principal 65480JAC4 1.00 4,123.27 95,770.96 06/15/26 06/15/26 Purchase - Principal 891940AC2 1.00 8,867.38 104,638.34 06/15/26 06/15/26 Purchase - Principal 254683CZ6 1.00 350,000.00 454,638.34 06/15/26 06/15/26 Redemption - Reversal of Interest 02582JKH2 from 06/15/2026 1.00 (2,157.38) 452,480.96 06/15/26 06/15/26 Redemption - Reversal of Interest 448981AD2 from 06/15/2026 1.00 (521.13) 451,959.83 06/15/26 06/15/26 Redemption - Reversal of Interest 65480JAC4 from 06/15/2026 1.00 (16.62) 451,943.21 06/16/26 06/16/26 Purchase - Interest 362549AD9 1.00 321.00 452,264.21 06/18/26 06/18/26 Purchase - Interest 43815QAC1 1.00 419.71 452,683.92 06/18/26 06/18/26 Purchase - Principal 91282CEV9 1.00 341,386.72 794,070.64 06/18/26 06/18/26 Purchase - Interest 91282CEV9 1.00 5,310.43 799,381.07 PFM Asset Management, a division of Page 29
U.S. Bancorp Asset Management, Inc.

Account Statement For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Trade Settlement Share or Dollar Amount Total
Date Date Transaction Description Unit Price of Transaction Shares Owned CAMP Pool
06/18/26 06/18/26 Purchase - Principal 43815QAC1 1.00 12,937.87 812,318.94 06/18/26 06/18/26 Redemption - Principal 67066GAR5 1.00 (389,259.00) 423,059.94 06/22/26 06/22/26 Purchase - Interest 05594BAD8 1.00 290.00 423,349.94 06/22/26 06/22/26 Purchase - Interest 17305EHA6 1.00 11,825.00 435,174.94 06/22/26 06/22/26 Purchase - Interest 438123AC5 1.00 183.15 435,358.09 06/22/26 06/22/26 Purchase - Interest 43815CAD0 1.00 456.75 435,814.84 06/22/26 06/22/26 Purchase - Interest 73329KAD8 1.00 384.17 436,199.01 06/22/26 06/22/26 Purchase - Interest 92348KDY6 1.00 1,559.71 437,758.72 06/23/26 06/23/26 Purchase-Principal 438123AC5 1.00 3,730.85 441,489.57 06/23/26 06/23/26 Redemption - Principal 34536DAD5 1.00 (284,990.03) 156,499.54 06/25/26 06/25/26 Purchase - Interest 437076DC3 1.00 8,906.25 165,405.79 06/25/26 06/25/26 Purchase - Interest 3137BXQY1 1.00 1,477.67 166,883.46 06/25/26 06/25/26 Purchase - Interest 3137F1G44 1.00 1,486.38 168,369.84 06/25/26 06/25/26 Purchase - Interest 3137HACX2 1.00 2,208.71 170,578.55 06/25/26 06/25/26 Purchase - Interest 3137HAD45 1.00 1,700.44 172,278.99 06/25/26 06/25/26 Purchase - Interest 3137HAMH6 1.00 3,100.00 175,378.99 06/25/26 06/25/26 Purchase - Interest 3137HAMS2 1.00 2,000.00 177,378.99 06/25/26 06/25/26 Purchase - Interest 3137HAQ74 1.00 1,975.00 179,353.99 06/25/26 06/25/26 Purchase - Interest 3137HAST4 1.00 1,515.63 180,869.62 06/25/26 06/25/26 Purchase - Interest 3137HB3D4 1.00 760.35 181,629.97 06/25/26 06/25/26 Purchase - Interest 3137HB3G7 1.00 1,113.75 182,743.72 06/25/26 06/25/26 Purchase - Interest 3137HBC69 1.00 1,050.62 183,794.34 PFM Asset Management, a division of Page 30
U.S. Bancorp Asset Management, Inc.

Account Statement For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Trade Settlement Share or Dollar Amount Total
Date Date Transaction Description Unit Price of Transaction Shares Owned CAMP Pool
06/25/26 06/25/26 Purchase - Correction to Interest 3137HAD45 from 06/25/2026 1.00 1,886.85 185,681.19 06/25/26 06/25/26 Purchase - Interest 3136BQDE6 1.00 1,759.79 187,440.98 06/25/26 06/25/26 Purchase - Interest 3137BSP72 1.00 1,122.81 188,563.79 06/25/26 06/25/26 Purchase - Interest 3137BTUM1 1.00 995.53 189,559.32 06/25/26 06/25/26 Purchase - Interest 3137HBLV4 1.00 1,104.90 190,664.22 06/25/26 06/25/26 Purchase - Interest 3137HDV56 1.00 1,730.67 192,394.89 06/25/26 06/25/26 Purchase - Interest 3137HDXL9 1.00 1,873.99 194,268.88 06/25/26 06/25/26 Purchase - Interest 3137HKXJ8 1.00 698.25 194,967.13 06/25/26 06/25/26 Purchase - Interest 344928AD8 1.00 25.12 194,992.25 06/25/26 06/25/26 Purchase - Principal 344928AD8 1.00 19,471.24 214,463.49 06/25/26 06/25/26 Purchase - Principal 3136BQDE6 1.00 37.75 214,501.24 06/25/26 06/25/26 Purchase - Principal 3137HBC69 1.00 1,098.89 215,600.13 06/25/26 06/25/26 Purchase - Principal 3137HAD45 1.00 10,036.46 225,636.59 06/25/26 06/25/26 Purchase - Principal 3137BTUM1 1.00 778.74 226,415.33 06/25/26 06/25/26 Purchase - Principal 3137BSP72 1.00 52,802.96 279,218.29 06/25/26 06/25/26 Redemption - Reversal of Interest 3137HAD45 from 06/25/2026 1.00 (1,700.44) 277,517.85 06/29/26 06/29/26 Purchase - Principal 91282CEV9 1.00 146,460.94 423,978.79 06/29/26 06/29/26 Purchase - Interest 91282CEV9 1.00 2,424.03 426,402.82 06/29/26 06/29/26 Redemption - Interest 3136G5V64 1.00 (1,355.28) 425,047.54 06/29/26 06/29/26 Redemption - Principal 3136G5V64 1.00 (405,003.13) 20,044.41 06/29/26 06/29/26 IP Fees May 2026 1.00 (4,307.64) 15,736.77 06/29/26 06/29/26 U.S. Bank Fees April 2026 1.00 (261.28) 15,475.49 PFM Asset Management, a division of Page 31
U.S. Bancorp Asset Management, Inc.

Account Statement For the Month Ending June 30, 2026

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Trade Settlement Share or Dollar Amount Total
Date Date Transaction Description Unit Price of Transaction Shares Owned CAMP Pool
06/30/26 06/30/26 Purchase - Interest 91282CEV9 1.00 176,718.75 192,194.24 06/30/26 06/30/26 Purchase - Principal 91282CEV9 1.00 463,496.09 655,690.33 06/30/26 06/30/26 Redemption - Principal 91282CNX5 1.00 (637,152.34) 18,537.99 06/30/26 06/30/26 Redemption - Interest 91282CNX5 1.00 (7,811.48) 10,726.51 06/30/26 07/01/26 Accrual Income Div Reinvestment - Distributions 1.00 816.02 11,542.53 11,542.53
11,542.53
11,542.53
263,463.48
5,367.75

0.00 (20,673,219.40)
19,730,193.94
954,567.99
816.02
11,542.53

0.00 (3,511,198.12)
2,650,139.56
872,601.09
Monthly Distribution Yield
Average Monthly Balance
Closing Balance
Month of Fiscal YTD
Cash Dividends and Income
Closing Balance
Check Disbursements
Redemptions (Excl. Checks)
Purchases
Opening Balance
Closing Balance
June January-June

3.77%
PFM Asset Management, a division of Page 32
U.S. Bancorp Asset Management, Inc.

REPORT TO CITY COUNCIL
To: Honorable Mayor and Members of the City Council
From: Jason Simpson, City Manager
Prepared by: Adam Gufarotti, Assistant Director of Lake & Community Operations Date: July 28, 2026
Subject: Agreement for Equipment Purchase and Services with Moleaer for Lake Water Quality Equipment
Recommendation
Approve and authorize the City Manager to execute an Equipment Purchase and Services Agreement with Moleaer, Inc. for the purchase of custom water treatment system since it is a nonreplicable, in an amount not to exceed $6,765,000 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 $676,500 for uncertainties and adjustments, and waive the formal bidding process per Municipal Code Section 3.08.070(G).

Background
Since 1994, Lake Elsinore has been designated by the State of California as an impaired water body due to ongoing water quality challenges. Since that time, the City, working with regional partners and technical experts, has implemented a range of projects to improve the long-term health of the lake.

The Comprehensive Lake Management Plan serves as the City’s roadmap for improving water quality. Since implementation began, three nanobubble barges have been installed to inject oxygen into the lake and improve dissolved oxygen conditions.

The City also uses a safe hydrogen peroxide-based algaecide to treat algae in targeted areas and continues to evaluate additional treatment methods.

Moleaer Agreement

Independent third-party monitoring completed after the installation of the nanobubble barges has documented sustained increases in dissolved oxygen levels throughout the lake. To evaluate the effectiveness of the Moleaer nanobubble system, five separate data sources were reviewed, including continuous dissolved oxygen measurements collected by sondes installed by Moleaer and Elsinore Valley Municipal Water District; dissolved oxygen measurements collected during eight annual TMDL monitoring events; monthly full-depth water quality profiles at the mid-lake monitoring station; and lake-wide bottom-water measurements collected by GEI Consultants in June and September 2025.

Together, these datasets provide both continuous and lake-wide measurements across different depths, locations, and seasons. The results indicate that the nanobubble system is operating as intended, increasing dissolved oxygen concentrations and contributing to improved water quality conditions within Lake Elsinore.

Discussion
Since implementation of the nanobubble projects, dissolved oxygen levels throughout Lake Elsinore have improved. However, seasonal periods of low or anoxic oxygen conditions still occur near the lake bottom. During these periods, nutrients stored in lakebed sediments can be released into the water column, increasing the potential for algal blooms.

Working with regional partners to develop a long-term solution for Lake Elsinore, it has been determined that approximately 15,000 pounds of oxygen must be injected into the lake each day to sustain dissolved oxygen levels throughout the water column. The City currently injects approximately 5,000 pounds of oxygen per day. The Phase Three Project will add another 10,000 pounds per day, bringing the total oxygen injection capacity to approximately 15,000 pounds per day.

To achieve this increase, the existing pilot nanobubble barge will be converted into a larger system capable of injecting approximately 5,000 pounds of oxygen per day. A fourth nanobubble barge, also capable of injecting approximately 5,000 pounds per day, will be installed in the south-central portion of the lake, an area that regularly experiences lower dissolved oxygen levels.

City staff recommends approving an agreement with Moleaer at this time to allow the required equipment to be ordered and fabrication to begin. Early authorization is necessary to maintain the project schedule and reduce the risk of delays associated with equipment manufacturing and delivery.

Moleaer’s equipment and services are unique and highly specialized. Staying with this vendor will provide continuity with the existing system and allow the City to continue to rely on Moleaer’s proven track record with the new equipment and services. For those reasons, staff recommends that the City Council waive seeking additional bids as provided under LEMC Section 3.08.070(G).

City staff will return to the City Council at a future meeting to request approval of the additional contracts required for construction of the barges and installation of the equipment. The new nanobubble systems are anticipated to be fully installed and operational on Lake Elsinore by the end of 2026.

Moleaer Agreement

Fiscal Impact
This project will be funded through the $8 million federal appropriation secured by the City with the support of Congressman Ken Calvert.

Attachments
Attachment 1 – Agreement
Exhibit A – Quote
Attachment 2 - Moleaer Agreement 8-17 A Page 1

AGREEMENT FOR EQUIPMENT PURCHASE AND SERVICES
Moleaer, Inc.

Water Treatment Equipment Purchase and Service
This Agreement for Equipment Purchase and Services (the “Agreement”) is made and entered into as of , by and between the City of Lake Elsinore, a municipal corporation (‘‘City") and Moleaer, Inc., a Delaware corporation ("Consultant").

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

Water Treatment Equipment and Services for Lake Elsinore B. Consultant has submitted to City a proposal, dated May 22, 2026, attached hereto as Exhibit A (“Consultant’s Proposal”) and incorporated herein, to provide the water treatment equipment and services to City pursuant to the terms of this Agreement.

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

D. City desires to purchase the equipment from Consultant and retain Consultant to perform the services as provided herein and Consultant desires to provide the equipment and perform the 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 delivery of the equipment and performance of the 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 development of the equipment and perform the services pursuant to this Agreement upon receipt of a written notice to proceed and shall deliver and install the equipment and perform all services within the time period(s) established in the Consultant’s Proposal (Exhibit A). When requested by Consultant, extensions to the time period(s) specified may be approved in writing by the City Manager.

c. Term. The term of this Agreement shall commence upon execution of this Agreement and shall continue until the equipment has been delivered and installed and 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 Six Million Seven Hundred Sixty-Five Thousand Dollars (6,765,000) 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 fortyfive (45) days after receipt of the monthly invoice by City staff.

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

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

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

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

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

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

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

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

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

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

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

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

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

15. Indemnity. Consultant shall indemnify, defend, and hold harmless the City and 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

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

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

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

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

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

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

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

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

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

Attn: Chris Stephan
3232 W El Segundo Blvd
Hawthorne, CA 90250

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

By:

Its:

City Clerk
APPROVED AS TO FORM:

City Attorney
Assistant City Manager
Attachments: Exhibit A – Consultant’s Proposal
Oxygen Nanobubble
Treatment for Lake
Elsinore, CA, USA
Budgetary Proposal: Phase 3.1
Prepared for: City of Lake Elsinore, CA
May 22, 2026
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 2 Table of Contents

1. EXECUTIVE SUMMARY ............................................................................................ 3

2. CONTEXT................................................................................................................... 3

3. PROPOSED TREATMENT GOALS AND SUCCESS INDICATORS......................... 4

4. PROPOSED TREATMENT STRATEGY .................................................................... 5

5. INSTALLATION APPROACH, RESPONSIBILITIES AND SCOPE ........................... 7

6. PROJECT TIMELINE (PRELIMINARY)...................................................................... 9

7. COMMERCIAL TERMS.............................................................................................. 9

8. ABOUT MOLEAER AND YOUR TEAM ................................................................... 10 APPENDIX A: PRELIMINARY GENERAL ARRANGEMENT DRAWING ................... 13 APPENDIX B: DETAILED SCOPE OF WORK ............................................................ 14 APPENDIX C: OPERATIONS & MAINTENANCE (O&M) GUIDANCE........................ 22 The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 3 1. Executive Summary
Lake Elsinore has a long history of harmful algal blooms, unsafe cyanotoxin levels, and repeated closures to public recreation, driven by chronic nutrient overloading and internal nutrient cycling.

Since 2024, Moleaer's barge-mounted oxygen nanobubble treatment systems have delivered measurable improvements in dissolved oxygen, water clarity, and cyanotoxin concentrations with no lake closures since October 2024. However, monitoring confirms that the southern portion of the lake remains oxygen-deficient, requiring expanded treatment coverage.

Phase 3 addresses this gap with two new barge-mounted nanobubble treatment systems, combined with the existing two barge mounted nanobubble systems delivering a total of up to 15,000 lbs of oxygen per day across two independent treatment trains at a combined 9,000 GPM.

The fully self-contained systems require no external gas supply, only electricity.

The total investment is $6,765,000: for capital expenditure on the two new systems, after a credit of $800,000 for trade in of Phase 1 O2 O3 NB system. Moleaer supplies the treatment system, commissioning support, training, and ongoing service. The City is responsible for the barge platform, installation, electrical service, and permitting.

2. Context
Lake Elsinore is a natural 3,000-acre freshwater lake in southern California, situated at the base of the 780-square-mile San Jacinto River watershed. When full, the lake reaches a median depth of 4.5 m and holds approximately 9.8 billion gallons of water. The lake receives water from Canyon Lake overflows (in wet years), direct rainfall, and reclaimed water discharge from the Elsinore Valley Municipal Water District (EVMWD).

Lake Elsinore has a long history of water quality impairment driven by excess nutrient loading and internal nutrient cycling, which together account for over 75% of the nitrogen and phosphorus loads to the lake. These conditions promote recurrent harmful algal blooms (HABs) and dangerous cyanotoxin levels that have historically forced repeated closures to public recreation.

A TMDL for nutrients was adopted in 2005, and the lake also carries impairments for PCBs and DDT in fish tissue.

In 2023, the City of Lake Elsinore initiated a multi-faceted water quality remediation program. As the foundational component of this effort, a demonstration barge-mounted Moleaer Nanobubble Generator (NBG) was deployed in February 2024, followed by the addition of two more nanobubble treatment units, expanding total treatment capacity to 11,400 GPM in October 2024.

Monitoring results from the expanded treatment period have shown significant improvements in dissolved oxygen, water clarity, cyanobacterial biomass, and cyanotoxin concentrations.

However, monitoring has also identified that dissolved oxygen levels remain lower in the southern portion of the lake, indicating that expanded treatment coverage is needed to better address oxygen demand across the entire waterbody.

The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 4 Figure 1. Lake Elsinore, City of Lake Elsinore, CA.

3. Proposed Treatment Goals and Success Indicators

3.1 Treatment Goals
• Extend dissolved oxygen improvements lake-wide, including the southern portion of the lake where oxygen depletion is more frequent
• Maintain aerobic conditions throughout the water column and at the sediment-water interface
• Continue reducing internal nutrient loading through suppression of anoxia-driven phosphorus and nitrogen release
• Suppress harmful algal blooms (HABs) and reduce cyanotoxin concentrations • Continue muck decomposition and reduce organic accumulation at the sediment-water interface
• Improve waterbody resiliency and sustain lake access for public recreation

3.2 Success Indicators
• Reduced duration and spatial extent of bottom-water anoxia lake-wide • Elevated and stable oxidation-reduction potential (ORP) • Reduced internal phosphorus and nitrogen levels
• Reduced cyanobacterial biomass and cyanotoxin concentrations • Continued reduction in muck accumulation across treatment areas • Improved water clarity (Secchi depth)
• Maintained or improved areal hypolimnetic oxygen deficit (AHOD) The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 5 4. Proposed Treatment Strategy

4.1 Overview
As phase three of nanobubble treatment as the foundation of Lake Elsinore’s water quality remediation project, Moleaer proposes two new barge-mounted nanobubble treatment systems designed to bring the applied dose of oxygen up to 15,000 lbs/day. The systems utilize an onboard circulation loop that draws lake water into an industrial grade nanobubble generator, infuses it with concentrated oxygen nanobubbles, and returns the treated water back into the lake, requiring no external consumables beyond electricity.

The oxygen concentration systems are fully integrated onto the barge platform, providing a selfcontained, operationally flexible solution.

The treatment system is designed to:
• Meet and reduce internal sediment oxygen demand to curtail nutrient flux from bottom sediments
• Deliver sustained dissolved oxygen to the sediment-water interface to suppress anoxiadriven phosphorus and nitrogen release • Suppress harmful algal blooms through improved water column chemistry and reduced nutrient availability

4.2 System Description and Installation Location

4.2.1 System Description
Moleaer proposes two barge-mounted oxygen nanobubble treatment systems housed in four integrated containers per system. Three pneumatic containers support the gas supply infrastructure: one housing the oxygen generation system, one housing the ozone system and the other containing the oxygen receiver, compressed air receiver, filters, and refrigerated air dryer. The fourth container houses the hydraulic components, comprising two independent nanobubble treatment trains, each with two nanobubble generators configured in series and a dedicated pump. Intake and discharge piping for each train connect to the hydraulic container at optimized depths to maximize treatment efficacy.

Preliminary General Arrangement Drawings (GADs) for the proposed barge configuration are provided in Appendix A.

4.3.2 Moleaer Scope of Supply
General Configuration
• Two systems of Four (4) 20-foot high-cube shipping containers Hydraulic Loop
• Nominal circulation flow rate per train: 4,500 gpm (9,000 gpm total) • Two (2) pumps with Variable Frequency Drive for operational flexibility • Self-cleaning intake screens with automated backwash system • Electromagnetic flow metering for real-time flow monitoring Nanobubble Equipment
• Two (2) independent treatment trains, each consisting of two (2) Moleaer L6 Nanobubble Generators in series, installed on the discharge side of each train pump • Nanobubble generator diameter: 8 inches
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 6 • Wetted materials: 316/316L stainless steel and Viton • Automatic Clean-in-Place (CIP) system to extend maintenance intervals Gas Systems (Containerized)
• Oxygen system: Atlas Copco; 1,000–1,300 SCFH at up to 95% purity; no external oxygen supply required
• Oxygen maximum applied dose: up to 216 lbs/hr
• Ozone maximum applied dose: up to 4kg/hr
Control System
• Phoenix Contact PLC and HMI with local and remote monitoring, control, and data logging
• Ambient oxygen safety monitoring within each container • Uninterruptible Power Supply (UPS) for control system continuity Power and Electrical
• Input: 480V, 3-phase, 60 Hz
• Estimated Full Load Amperage (FLA): 470A (to be finalized based on installation location and NPSH requirements)
• Estimated operating power: 162 kW on O2 and 238 kW on O2/O3 (combined hydraulic and pneumatic systems)
• Moleaer's electrical scope begins at quick-disconnect camlock connections on the container exterior; mating connectors provided for customer termination on-site • All electrical infrastructure upstream of this termination point is within the customer's scope
Startup and Commissioning
• Startup support and commissioning guidance
• Operator training included
• Recommended spare parts list and initial critical spares included

4.3.3 Exclusions and By-Others Responsibilities
The following items are explicitly outside of Moleaer's scope of supply and are the responsibility of City of Lake Elsinore, or their designated contractors:
• One (1) floating barge platform at approximately 60 ft L × 31 ft W (2 sections larger than existing barge platform)
• Primary electrical service from the grid to the system connection point, including transformers, disconnects, conduit, trenching, and metering • Intake and discharge piping external to the system boundary (supply, fusion welding, and installation)
• Civil site preparation, grading, and equipment pad design and construction • Structural design, anchoring, and seismic adequacy of foundations and equipment supports
• Environmental and construction permitting
• Crane, rigging, and heavy equipment for system installation The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 7 • Payment of electricity costs during operation
• Payment of applicable sales or excise taxes

5. Installation Approach, Responsibilities and Scope

5.1 Installation – Barge Mounted System
Moleaer shall furnish a purpose designed containerized nanobubble treatment system with intake equipment. The barge, discharge and intake piping shall be supplied by City of Lake Elsinore and shall be designed as an integrated structural system suitable for long-term operation in a lake environment.

The barge shall include safety features including handrails, ladder access, and gated entryways as necessary. Final barge design shall be completed in coordination with the barge supplier and project specific site conditions.

5.1.1 Installation Location
Approximate installation location for the proposed Moleaer nanobubble treatment system at Lake Elsinore is shown in Figure 2.

Figure 2 Approximate location of the proposed Moleaer nanobubble treatment system at Lake Elsinore. Subject to change based on available power, potential ability to daisy chain units or use longer power cables.

The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 8 5.2 Installation Approach and Responsibilities
Installation of the proposed nanobubble treatment system will be carried out through a collaborative effort between the City of Lake Elsinore, their contractor and Moleaer. A detailed Scope of Work is provided in Appendix B, and a full breakdown of installation and service responsibilities is presented in the matrices that follow.

Installation Overview
• Floating barge installed
• Containers mounted on barge
• Intake and discharge installed
Responsibility Split
City of Lake Elsinore:
• Floating barge procurement
• Permitting and procurement
• Site preparation and equipment installation
• Operations and system monitoring
Moleaer:
• Nanobubble treatment container supply
• Startup support and commissioning guidance
• Maintenance and service
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 9 6. Project Timeline (Preliminary)

7. Commercial Terms

7.1 Pricing Summary
• Includes: Moleaer Oxygen Nanobubble System with monthly operations and maintenance services
• Excludes: Electrical power, civil works, and maintenance of equipment outside of Moleaer’s scope
Capital Purchase of Two (2) O2 O3 Nanobubble Systems
Capital purchase of Moleaer Oxygen Ozone Nanobubble
system
$7,565,000
LOI or Contract
Letter of Intent (LOI) or contract issued
Downpayment Received
24 week lead time
Shipment
Treatment units deliverd to site
Assembly Begins
Operational & Optimized
4 weeks
Nanobubble treatment systems operating and
optimization underway
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 10 Credit for Trade-In of Phase 1 Moleaer O2 O3 NB System ($800,000) Total $6,765,000

8. About Moleaer and Your Team

8.1 Who We Are
Moleaer is the world's leading nanobubble technology company, backed by Xylem, the largest water technology company on the planet. We are an established, scaled company with over 10,000 installations across more than 1,000 customers worldwide, and a team of more than 90 professionals dedicated exclusively to advancing nanobubble science and its real-world application in water.

What sets Moleaer apart is the depth and breadth of expertise behind every project. Our team includes 17 PhDs engaged in research and application development, a specialized staff of limnologists and water process engineers, and 16 field service technicians deployed across the country to ensure our systems perform as designed. For every installation, we stay engaged through commissioning, operation, monitoring, and beyond.

In surface water applications, Moleaer's chemical-free nanobubble treatment solution stands as the most proven at-scale methodology for restoring water quality and clarity in lotic and lentic systems, reducing accumulated organics (or “muck”), and improving aquatic ecosystem health and resilience, benefitting surrounding communities.

8.2 Our Comprehensive Solution Architecture
Moleaer’s patented and proprietary nanobubble generator design efficiently introduces two forms of gas into the water passing through the nanobubble generator: (1) dissolved gas with an >85% mass transfer efficiency rate (higher compared to conventional aeration and validated by 3rd party testing) and (2) gas in the form of nanobubbles. Moleaer's simple treatment set-up consists of an industrial scale nanobubble generator, pump, and air system (Figure 5). With flexible gas options, including oxygen, ozone, and air, Moleaer’s nanobubble treatment has been efficiently scaled to treat water bodies ranging from 10 to > 6,000 acres in size. Supported by results demonstrated across diverse global applications, this positions Moleaer as the definitive leader in nanobubble technology innovation and environmental remediation. • Industrial-Scale Nanobubble Systems: Complete systems up to 20,000 GPM with pump, gas system, intake and discharge hoses, screening equipment and onsite power generation, as required
• 24/7 Installation and Operations Support: Installation, continuous monitoring, operation and maintenance services
• Water Quality Assurance: Comprehensive water quality monitoring and analysis protocols
• Environmental Assessment: Bathymetry, sediment hardness mapping, sediment quality and ecological analyses.

The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 11 Figure 9. Components of the nanobubble system inside of a container. Available with an integrated air compressor and oxygen concentrator. No external gas supply or connection is required.

8.3 Your Moleaer Team
The team assigned to the Lake Elsinore project brings together Moleaer's most experienced surface water, engineering, and regulatory professionals.

Your team specializes in developing and monitoring the progress of prescriptive nanobubble treatment solutions for freshwater and coastal water bodies.

Chris Stephan, the Global Director of Surface Water, leads business development, and is supported by regional business development managers; namely Erin Klores, and Jonathan Morales. Dr. Denise Devotta leads the technical team and is supported by Shane Hoyt, who leads monitoring efforts across all projects.

Chris Stephan is the primary point of contact for this engagement and leads the business development relationship on this project:

E-mail: [email protected] | Cell number: 612-710-3722
Dr. Denise Devotta
Senior Limnologist
Shane Hoyt
Limnologist
Chris Stephan
Global Director of
Surface Water
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 12 Jon Morales
Business Development
Manager, Central US
Jenn Fisher
Global Leader of Sales
Enablement & Learning
Appendix A: Preliminary General Arrangement Drawing
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc.

Appendix B: Detailed Scope of Work
B.1 Project Installation Responsibility Matrix

1. SITE PREPARATION & ACCESS Moleaer
City of Lake
Elsinore

1.1 Supply of property/site access at lake X

1.2 Environmental permits and regulatory approvals X

1.3 Site clearing and grading of shore access area X

1.4 Construction laydown area designation and preparation X

1.5 Temporary fencing for construction site security X

1.6 Supply of supplemental lighting for work area X

1.7 Security for securing work area after hours X

1.8 Portable restroom facilities during construction X

2. BARGE & CONTAINER SYSTEMS Moleaer
City of Lake
Elsinore

2.1 Supply of 4 x Poseidon P1 Floating Barges (5 ft height) X

2.2 Supply and installation of trench safety barriers (if applicable) X

2.3 Barge layout and engineering drawings X

2.4 Supply of spud pockets, spuds, and connections X

2.5 Supply of gantry cranes for barge operations X

2.6 Barge shipping arrangement to lake X

2.7 Supply of 10’ x 20' Sea Containers, ~15,000 lbs each) X

2.8 Container internal fit-out and equipment mounting X

2.9 Container welding of corner brackets X

2.10 Supply of lift straps, shackles and rigging for crane operations X

2.11 Supply of crane (min 50-ton capacity for container lifts) X

2.12 Supply of crane operators and rigging crew X

2.13 Barge launch and water deployment X

2.14 Connection of modular barge units on water X

2.15 Installation of spuds for barge anchoring X

2.16 Push boat/tug for positioning barges at treatment location X

2.17 Final barge positioning and anchoring X

2.18 Supply of cable winch for spuds X
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 15 3. CONTAINER INFRASTRUCTURE Moleaer
City of Lake
Elsinore

3.1 Air conditioning/ventilation for containers X

3.2 Sound proofing if required X

3.3 120 VAC outlets and interior lighting X

3.4 Fire extinguishers for containers X

4. ELECTRICAL SYSTEMS - PRIMARY POWER Moleaer
City of Lake
Elsinore

4.1 Electrical load calculations and specifications X

4.2 Production/delivery of electrical supply to site X

4.3 Trenching for primary power X

4.4 Conduit for electrical in trench X

4.5 Primary power cable installation (trench to shore) X

4.6 Transformers, disconnects and meters for primary power X

4.7 Shore-mounted electrical junction box and switch X

4.8 Medium/low voltage transformer if required X

4.9 Directional boring as needed X

5. ELECTRICAL SYSTEMS - BARGE POWER (700 ft 4/0 Cable)/ea Moleaer City of Lake
Elsinore

5.1 Selection/specification of 4/0 power cable X

5.2 Supply of 700 ft 4/0 cable (shore to containers) X

5.3 Articulated concrete blanket for shore-to-water cable transition X

5.4 Underwater cable installation from shore to barges X

5.5 Supply of boat/barge for underwater cable installation X

5.6 Connection of power cable to shore junction box X

5.7 Connection of power cable to barge electrical panels X

5.8 Inter-container power cable connections X

5.9 PLC and HMI systems on NBG units X

5.10 Control wiring on NBG units X

5.11 Internet/WIFI installation for remote monitoring X

5.12 High/low voltage cable trays on barge (if needed) X The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 16 6. INTAKE SYSTEM (18" HDPE) Moleaer
City of Lake
Elsinore

6.1 Specifications of intake system X

6.2 Mechanical layout and technical drawings X

6.3 Feed water extraction rights and permits X

6.4 Supply of 18" active intake screen X

6.5 Supply of 18" HDPE piping and fittings X

6.6 Supply of HDPE fusion welding machine X

6.7 HDPE fusion welding operator X

6.8 Installation of intake screen and supports X

6.9 Intake piping assembly and installation X

6.10 Priming system including water source X

6.11 Intake screen wash pump supply X

6.12 Intake valves and instrumentation X
Note: 6.5-6.9 subject to contractor scope of work.

7. NANOBUBBLE GENERATOR SYSTEMS Moleaer
City of Lake
Elsinore

7.1 Supply of installation instructions & drawings X

7.2 Nanobubble Generator Units X

7.3 On-board air separator/oxygen concentrator X

7.4 On-board Oxygen Concentrator (if applicable) X

7.5 On-board NBG gas supply systems X

7.6 On-board system control and monitoring X

7.7 Supplemental monitoring systems X

7.8 Onboard Clean-in-Place (CIP) system X

7.9 NBG commissioning and startup X

7.10 Operator training X

8. DISCHARGE PIPING SYSTEM (12" HDPE) Moleaer
City of Lake
Elsinore

8.1 Design and drawings for discharge piping X

8.2 Supply of 12" HDPE discharge piping and fittings X

8.3 Discharge piping assembly and installation X

8.4 Discharge valves and supports X

8.5 Flow meters and data logging equipment X
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 17 Note: 8.2-8.4 subject to contractor scope of work.

9. MATERIAL HANDLING & EQUIPMENT Moleaer
City of Lake
Elsinore

9.1 Supply of forklift/reach lift on shore X

9.2 Supply of skid steer or earth moving equipment X

9.3 Equipment operators X

9.4 Hand and power tools for installation X

9.5 HDPE cutting tools (chop saw, chain saw) X

9.6 Repair of damaged surfaces from equipment operation X

10. SHIPPING & LOGISTICS Moleaer
City of Lake
Elsinore

10.1 Shipping of Moleaer equipment to site X

10.2 Shipping of barge equipment to site X

10.3 Payment of shipping costs X

10.4 Trucking coordination and communication X

10.5 Unloading of containers from trucks X

11. PERMITS & COMPLIANCE Moleaer
City of Lake
Elsinore

11.1 Construction permits X

11.2 Environmental permits (lake operations) X

11.3 Electrical permits and inspections X

11.4 Work permits for personnel X

11.5 Security clearances for site entry X

12. HEALTH, SAFETY & ENVIRONMENT Moleaer
City of Lake
Elsinore

12.1 Site-specific safety plan X

12.2 EHS equipment for Moleaer employees X

12.3 EHS equipment for Customer employees X

12.4 Water safety/rescue equipment X X

12.5 Health testing/security background checks X

12.6 Disposal of hazardous materials found on site X
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 18 13. SPARE PARTS & MAINTENANCE Moleaer
City of Lake
Elsinore

13.1 Recommended spares list X

13.2 Initial spare parts & critical spares X

13.3 Ongoing spare parts supply X

14. TAXES & INSURANCE Moleaer
City of Lake
Elsinore

14.1 Sales or excise taxes X

14.2 Construction insurance X

14.3 Marine insurance during installation X

15. POST-INSTALLATION Moleaer
City of Lake
Elsinore

15.1 Landscaping restoration X

15.2 Permanent fencing X

15.3 Aesthetic improvements X

15.4 As-built documentation X

15.5 O&M manuals X
B.2 Project Service Responsibility Matrix

1. OPERATING & MONITORING Moleaer City of Lake Elsinore

1.1 Operation of, maintenance and upkeep of the property (The Site) X

1.2 Maintenance of the floating barge for Nanobubble Generator (herein NBG) Unit (if applicable) X

1.3 Maintenance of all Buildings / Sunshade / Container / Enclosure as required to protect NBG X

1.4 Maintenance of any other item related to the Site X

1.5 Water quality monitoring plan and execution X

2. INTAKE SYSTEM Moleaer City of Lake Elsinore

2.1 Operation and maintenance of the intake system X

2.2 Repairs and part replacement of the intake system or its components X

2.3 Maintenance and payment of feed water extraction rights, permitting, regulatory interactions X
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 19 2.4 Maintenance of the feed water intake structures X

2.5 Maintenance of supplemental intake pump(s), valves, piping, controls, instrumentation, supports X

2.6 Maintenance of the priming system including water or liquid source for priming X

2.7 Maintenance of the feed water filtration equipment if installed X

2.8 Maintenance Feed water intake transmission piping from feed water source to NBG intake pump(s) X

2.9 Monthly check of Container welding of corner brackets for no cracks or loss of integrity X

3. NANOBUBBLE GENERATOR SYSTEMS Moleaer City of Lake Elsinore

3.1 Supply of operation, maintenance and troubleshooting instructional literature X

3.2 Supply of operation, maintenance and troubleshooting training for the customer X

3.3 Daily monitoring of NBG at the site X

3.4 Daily online monitoring of NBG operational data / creating and providing reports X X

3.5 Providing phone of video conference troubleshooting support and assistance X

3.6 Providing on-site operator / technician for basic troubleshooting when required X

3.7 Air Compressor Maintenance X

3.8 Pump Maintenance X

3.9 Ozone Generator Maintenance X

3.10 Supply of routine maintenance supplies, consumables and materials X

3.11 Providing routine factory maintenance visits at time intervals stated in this Agreement X

3.12 Maintenance, troubleshooting and repair of onboard monitoring system(s) X

3.13 Perform routine "Clean in Place" (herein CIP) if required between factory maintenance visits X

4. ELECTRICAL SYSTEMS Moleaer City of Lake Elsinore

4.1 Payment of electricity X

4.2 Maintenance of all electrical supply from the supply source to the main control panel X
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 20 4.3 Maintenance of any electrical equipment on the NBG unit including the main control panel X

4.4 Maintenance of PLC and HMI on NBG unit X

4.5 Maintenance of 120 VAC outlets, lighting, etc. X

5. NANOBUBBLE DISCHARGE PIPING SYSTEM Moleaer City of Lake Elsinore

5.1 Maintenance of the discharge piping system from the NBG discharge flange to the receiving waters X

5.2 Maintenance of lake area around discharge piping X

5.3 Maintenance of discharge system meters, monitoring and/or data logging equipment X

6. MISCELLANEOUS Moleaer City of Lake Elsinore

6.1 Sales or Excise Taxes X

6.2 Shipping of equipment & spare parts for nanobubble system, excluding barge X

6.3 Payment of Shipping X

6.4 Import Duties; Initiating Process for Customs Clearance/Receiving Cleared Goods

N/A N/A

6.5 Import Duties; Facilitating Exemption/Expeditious Clearance of All Goods

N/A N/A

6.6 Handling and Disposal of Any Existing Hazardous Materials Discovered on Site X

6.7 Maintenance of all floor drains and drainage systems for the site and NBG

N/A N/A

6.8 Maintenance of secondary containment of all systems if/as required N/A N/A

6.9 Landscaping maintenance X

6.10 Fencing maintenance X

6.11 Aesthetic Improvements X

6.12 Maintenance of the air conditioning and/or ventilation equipment if required X

6.13 Work Permits; Requesting Permits, Providing Needed Information, Processing Oversight X

6.14 Updating recommended spares list X

6.15 Initial Spare Parts & Critical Spares X

6.16 Ongoing Spare Parts & Critical Spares X
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 21 6.17 Payment and maintenance of internet / WIFI required for remote monitoring and any other purpose on site X

6.18 Maintenance of fire extinguishers X

6.19 Security clearances, administration for site entry by Moleaer factory personnel X

6.20 Payment of any security/health related entry requirements (health testing, police records, etc.) X

6.21 Supply, maintenance and storage of EHS equipment for Moleaer personnel X

6.22 Supply, maintenance and storage of EHS equipment for customer personnel X
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 22 Appendix C: Operations & Maintenance (O&M) Guidance
C.1 Overview
The following provides a summary of the basic operation and maintenance a customer can expect when owning and operating a Moleaer oxygen nanobubble system. A detailed, equipment-specific Operations and Maintenance (O&M) manual will be provided at the time of system delivery along with a recommended preventive maintenance plan.

C.2 Operation

1. Start-Up
• Follow a detailed commissioning process, including connecting external piping, verifying oil levels, and priming the pump
• Start the pneumatic (oxygen) system first, followed by the hydraulic system • Adjust oxygen gas flow rate based on the current intake withdrawal rate and treatment objectives

2. Normal Operation
• Monitor system states via the PLC control screens for the hydraulic and pneumatic systems
• Ensure proper gas pressure and flow rates for optimal nanobubble production • Adjust oxygen injection rate via the VFD and control system in response to changes in intake withdrawal rate

3. Shut Down
• Follow a controlled shutdown process, including safely purging residual oxygen from the system prior to servicing
• Disconnect power and follow Lock Out Tag Out (LOTO) procedures before servicing any equipment

4. Seasonal Decommissioning (if required)
• At the end of each operating season (September), disconnect power, drain the hydraulic system, and remove or secure external piping
• Follow application-specific steps for suction-lift or flooded-suction configurations as applicable to the final installation

5. Winterizing (if required)
• If the system operates seasonally (June–September), it will be decommissioned prior to the onset of cold weather conditions
• Prior to extended downtime, drain all exposed piping, remove plugs, blow out the system, and add food-grade propylene glycol to vulnerable components as required • Insulate or remove any exposed instrumentation or low-point components susceptible to freeze damage during the off-season
C.3 Maintenance

1. Clean-In-Place (CIP)
The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 23 • Periodic CIP of the nanobubble generators may be required to maintain system performance and prevent fouling. A CIP is warranted when gas pressure has increased more than 15% above the initial pressure observed at startup or during typical normal operation
• Use a 5% vinegar solution for cleaning. A maintenance CIP addresses routine fouling; a recovery CIP is performed for more significant fouling conditions • CIP frequency will depend on source water quality at the intake location • On systems with an automatic CIP system, periodic refilling of the CIP solution reservoir may be required in lieu of performing a manual CIP

2. Inspection
• Monthly checks during the operating season should include: gas leakage inspection, water pressure verification, compressor vibration assessment, rotameter readings, tubing condition, and pressure regulator performance
• Replace filters and clean components as needed
• Monthly check of container structural integrity, including corner connections and mounting hardware

3. Preventive Maintenance Schedule
• Monthly: Inspect gas leakage, water pressure, compressor operation, rotameter, tubing, and pressure regulator; verify flow meter calibration
• 6 Months: Clean oxygen generator enclosure; inspect and replace ambient oxygen sensor if required
• 1 Year: Perform CIP, inspect electrical enclosure, replace filters • 2 Years: Rebuild solenoid valves, reseal compressors, replace equalization valves • 4 Years: Calibrate pressure switches, replace DO sensors, perform major component inspections and replacements as indicated
C.4 Troubleshooting
A comprehensive troubleshooting guide will be provided in the equipment-specific O&M manual at the time of delivery. Common issues and corrective actions include:
• Power supply issues
• Pump performance issues
• Sensor and connectivity issues
• Problems with the compressed air system
• Problems with the oxygen generator system
• Problems with the nanobubble generators
• Diminished or unexpected system performance
• Excessive power consumption
Corrective actions typically involve checking electrical, pneumatic, and plumbing connections, cleaning components, adjusting flow rates, and performing a CIP as needed.

The information and data contained herein are deemed to be accurate and reliable and are offered in good faith, but without guarantee of performance. Moleaer assumes no liability for results obtained or damages incurred through the application of the information contained herein. Customer is responsible for determining whether the products and information presented herein are appropriate for the customer’s use and for ensuring that customer’s workplace and disposal practices are in compliance with applicable laws and other governmental enactments. Specifications subject to change without notice. Copyright © 2025 Moleaer.

All trademarks stated herein are the property of their respective company. All rights reserved. This document is confidential and contains proprietary information of Moleaer Inc. Neither this document nor any of the information contained herein may be reproduced, redistributed or disclosed under any circumstances without the express written permission of Moleaer Inc. 24 C.5 Safety Instructions

1. Electrical Safety
• Ensure the system is properly grounded at all times
• Disconnect power and apply Lock Out Tag Out (LOTO) procedures before servicing any equipment within the system

2. Hydraulic System
• Never operate the system at zero water flow or against a closed discharge valve, as this can cause overheating and equipment damage
• Stand clear during system startup to avoid injury from pressurized air or water

3. Oxygen System
• In the event an ambient oxygen concentration alarm is triggered, exit the area immediately and ventilate before re-entry
• Avoid exposure to oxygen-enriched atmospheres
• Follow all applicable safety procedures for handling high-purity oxygen supply systems and associated equipment
C.6 Additional Resources
Moleaer provides detailed manuals for each major system component, including nanobubble generators, oxygen generators, pumps, air compressors, and flowmeters. Videos and further resources are available on the Moleaer website and customer portal.

For technical support, replacement parts, or operational assistance, contact Moleaer:
• Phone: +1 (424) 558-3567
• Email: [email protected]
• Website: www.moleaer.com
• 24/7 Operations Support: Available for installation, remote monitoring, and maintenance

REPORT TO CITY COUNCIL
To: Honorable Mayor and Members of the City Council
From: Jason Simpson, City Manager
Prepared by: Adam Gufarotti, Assistant Director of Lake & Community Operations Date: July 28, 2026
Subject: Lakeshore Private Property Owners Access Agreement Recommendation
Approve and authorize the City Manager to execute Access Agreements with the private property owners along Lakeshore Drive between St. John Way and Manning Street for access to the property in such final form as approved by the City Attorney.

Background
Over the past several years, improving lake conditions have contributed to increased recreational fishing activity around Lake Elsinore. The City has continued to expand designated fishing areas, parking, and public shoreline access.

One area that has experienced a recent increase in visitors is the northeast shoreline along Lakeshore Drive, between St. John Way and Manning Street. This area consists primarily of undeveloped private property and eleven small City-owned parcels. This area currently lacks improved roads, designated parking, restrooms, trash receptacles, lighting, and other public amenities. Visitors are using unimproved dirt roads to reach the shoreline, often crossing both private and public property.

Because the area is largely hidden from Lakeshore Drive, it is difficult to monitor and has become associated with trespassing, litter, illegal dumping, unauthorized vehicles, and other nuisance activity. The lack of infrastructure and limited emergency access have created growing public safety, environmental, and property management concerns.

Code Enforcement has conducted regular patrols, issued citations, and taken steps to limit unauthorized access to the area. However, these efforts have had limited long-term success because the activity occurs daily, and access remains largely unrestricted.

In addition, because most of the affected shoreline is privately owned, the City’s Public Works Department cannot routinely enter the properties to remove trash, address illegal dumping, maintain access roads, or perform other cleanup activities without property-owner authorization.

Lakeshore Memorandum of Understanding

As a result, the current conditions are difficult to manage through enforcement and maintenance efforts alone, supporting the need for a coordinated access-control agreement with the affected property owners.

Discussion
To address these ongoing concerns while protecting private property rights, City staff recommends entering into Access Agreements with the affected property owners. The agreements authorize the City to install vehicle access gates at key entry points along Lakeshore Drive to limit unauthorized access to both private and City-owned parcels.

The gates would include a multi-user locking system that allows access for each participating property owner and authorized City personnel. The agreement also authorizes law enforcement, fire personnel, and other emergency responders to enter the properties when necessary for public safety or emergency response purposes.

This approach would help reduce trespassing, illegal dumping, nuisance activity, and unauthorized vehicle access while maintaining property-owner access and improving the City’s ability to respond to emergencies.

Fiscal Impact
No fiscal impact is anticipated during this phase of the process. City staff will return to the City Council at a later date once the Access Agreement process has been completed in order to obtain funding for any proposed gates and/or fencing.

Attachments
Attachment 1 – Access Agreement
Exhibit A – Lakeshore Property Owners

LAKESHORE DRIVE PROPERTY ACCESS AGREEMENT
THIS PROPERTY ACCESS AGREEMENT (the “Agreement”) made as of this ___ day of August, 2026 (the "Effective Date"), by and between the CITY OF LAKE ELSINORE (the “City”), and ________________________ (the “Property Owner”) the owner of certain parcels of land identified as APN __________, __________ (collectively, the “Properties”).

WHEREAS, the City seeks and requires the right and authority to install, at its sole cost and expense, entry gates along Lakeshore Drive, as more particularly described and depicted in Exhibit “A” attached hereto and incorporated herein by reference, for the express purpose of restricting and deterring unauthorized access by third parties, property crimes, and trespassing upon both privately owned and City-owned lands situated adjacent to Lakeshore Drive; and WHEREAS, the City and Property Owner further desire to ensure and preserve the ability of the City’s police department, fire department, and other City personnel to obtain access to the Properties for the protection of public health, safety, and welfare.

NOW, THEREFORE, in consideration of the mutual covenants, conditions, and promises contained herein, and for other good and valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged, the parties hereto covenant and agree as follows:

1. Entry Gate: The City, at its sole cost and expense, shall cause to be designed, constructed, and installed an entry gate along Lakeshore Drive, as more particularly described and depicted in Exhibit “A” attached hereto and incorporated herein by reference, for the purpose of restricting and controlling unauthorized access to undeveloped private and public properties located along Lakeshore Drive, including the Properties. Such gate shall be equipped with a locking mechanism designed to accommodate multiple locks, whereby the Property Owner shall be entitled to affix and maintain their own lock so as to ensure unrestricted ingress and egress to the Properties In addition, the City shall maintain its own lock on the gate to provide immediate access for the City, including its police, fire, and emergency personnel, in the event of emergencies or other municipal purposes.

2. Access: The Property Owner hereby grants to the City a limited license to enter upon and use the Properties for emergency access and such other access as may be necessary for the public welfare, at no cost or expense to the Property Owner, during the Term (as hereinafter defined). Additional activities not specified herein shall require the Property Owner’s prior approval.

2.1 By way of this Agreement, the Property Owner is under no obligation to restore, repair or maintain any of the Properties or to render the Properties serviceable for access or passage or any other purpose in any respect. The Properties are provided “AS IS,” and the City shall enter the Properties at its sole risk. Access is subject to any easements, restrictions, covenants of record, and subordinate to any security interests or mortgages affecting the Properties.

2.2 The Property Owner shall not be liable for injuries, damage, liabilities or claims hereunder, and the City shall not be released from any liability or obligation hereunder.

3. Activities at the Properties: The City shall be responsible for the health, welfare, and safety of all City personnel and property during access and performance of emergency work or other work authorized by this Agreement.

4. Insurance: The City shall provide to the Property Owner, prior to exercising rights hereby granted, and keep in force during the term of this Agreement, general public liability insurance with contractual coverage, with policy limits and conditions as approved by the Property Owner.

5. Term: The temporary license granted herein shall commence on the Effective Date and shall expire ten (10) years following the Effective Date (the “Term”) but may be cancelled or revoked by the Property Owner at any time in the Property Owner’s sole discretion with a minimum of 60-days’ prior written notice.

6. Not a Release: The license granted herein does not constitute a release or transfer of any ownership interest in or to any of the Properties.

7. Due Authority and Governing Law: Each party represents and warrants that this Agreement has been duly authorized and executed. This Agreement shall be governed by the laws of the United States of America.

8. Notices: Notices shall be delivered in hand, by U.S. certified mail, or by recognized courier.

Notices to the City shall be sent to: Notices to Property Owner shall be sent to:

City of Lake Elsinore
130 S. Main Street
Lake Elsinore, CA 92530
Attention: City Manager

9. Waiver: Failure to enforce any provision of this Agreement shall not constitute a waiver of rights under this Agreement.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed and delivered as a sealed instrument effective as of the date first above written.

CITY OF LAKE ELSINORE
By: ___________________________
Name:

Title:

PROPERTY OWNER
By: ___________________________
Name:

Title:

Exhibit A - Lakeshore Property Owners
Property APN Lot Acres Property Owner
1 375-250-003 0.29 Wafford Justin
2 375-250-002 0.51 Abulhussein Mohammed Shokoor Justin
3 375-250-001 0.52 Zhao Yiwen Zhao Song
4 375-240-012 0.26 Zhao Yiwen Zhao Song
5 375-240-011 0.26 Zhao Yiwen Zhao Song
6 375-240-010 5.38 Zhao Yiwen Zhao Song
7 375-240-009 0.27 Adventureland Inc
8 375-240-008 0.52 Gill Sunny
9 375-240-019 0.5 Latorre Mike
10 375-240-018 0.52 Latorre Mike
11 375-240-017 0.54 Latorre Mike
12 375-240-016 0.51 Latorre Mike
13 375-240-015 0.5 Latorre Mike
14 375-240-014 0.98 Latorre Mike Latorre Philip
15 375-240-006 0.52 Yu Qian
16 375-240-005 0.52 Khlieng Samphos
17 375-240-004 0.55 Gearhart Family Living Trust
18 375-240-003 0.52 Gearhart Family Living Trust
19 375-240-002 0.51 Chazon Shlomi Shay
20 375-240-001 0.54 Chazon Shlomi Shay
21 375-190-024 0.5 City of Lake Elsinore
22 375-190-023 0.52 Gonzalez Mario
23 375-190-022 0.49 Natale-Brown Roxanna
24 375-190-021 0.54 Brown Fred J Natale Brown Roxanna L 25 375-190-020 0.49 City of Lake Elsinore
26 375-190-019 0.51 City of Lake Elsinore
27 375-190-018 0.5 City of Lake Elsinore
28 375-190-017 0.44 Wood Robert L Wood Jacqueline A
29 375-190-016 0.43 Wood Robert L
30 375-190-015 0.21 Wood Robert L
31 375-190-014 0.77 City of Lake Elsinore
32 375-190-013 0.26 Estate Ridge
33 375-190-012 2.36 City of Lake Elsinore
34 375-190-011 0.61 Kalachian Lana T Kalachian Dina M
35 375-190-010 0.6 City of Lake Elsinore
36 375-190-009 0.63 Smith Thomas Ward Markham Tracy Anne 37 375-190-008 0.65 CTQ INV
38 375-190-007 0.33 CTQ INV
Lakeshore Property Owners
39 375-190-006 0.33 Johnson Randy A
40 375-190-005 0.33 Ho Xan Cuon Tien Hue Quoc
41 375-190-004 0.67 Bongiovanni Construction Co
42 375-190-003 0.35 City of Lake Elsinore
43 375-190-002 0.7 Birjandi Reza
44 375-190-001 0.67 Fakhoury Joan Trust
45 375-112-009 0.74 Whit Mark W
46 375-112-008 0.33 City of Lake Elsinore
47 375-112-007 0.68 City of Lake Elsinore
48 375-112-006 0.48 City of Lake Elsinore
49 375-112-005 0.65 Hayat Ahmad Joseph
50 375-112-004 0.75 Hayat Ahmad Joseph
51 375-112-003 0.78 Teetuon
52 375-112-002 5.3 Morris Rick E Morris Shelly L
53 375-112-001 2.23 Regenx LLC
54 375-091-007 0.84 Regenx LLC
55 375-100-001 3.74 Regenx LLC

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: July 28, 2026
Subject: Amendment No. 1 to the Contractor Services Agreement with Reliable Rentals, Inc. for Citywide Portable Sanitation Services Recommendation
Approve and authorize the City Manager to execute Amendment No. 1 to the Contractor Services Agreement with Reliable Rentals, Inc. for additional levee portable sanitation services and increase the compensation by an additional $2,840 for a total amount not to exceed $37,640 in such final form as approved by the City Attorney.

Background
The City maintains an annual contractor services agreement with Reliable Rentals, Inc., to provide portable sanitation units, including portable restrooms and handwashing stations, specifically for the levee road. Additional portable restrooms were required along the levee.

Discussion
Staff is requesting a compensation increase to cover the cost of additional portable restroom units and their associated service. The additional units include:
• Standard portable restrooms – including delivery, placement, and routine servicing.

Amendment No. 1 with Reliable Rentals

• ADA-compliant portable restrooms include accessibility features and are serviced once per week, ensuring compliance with ADA standards and maintaining sanitary conditions. • Pumping service – regular pumping is required to maintain health and safety standards at the levee site.

The total additional cost for these units and the service is $2,840, ensuring uninterrupted sanitation support and maintaining compliance with health and safety requirements.

Fiscal Impact
Funds are available in the City’s FY26-27 Public Works Operating Budget.

Attachments
Attachment 1 – Amendment No. 1
Exhibit A - Invoice
Attachment 2 – Original Agreement
AMENDMENT NO. 1

TO AGREEMENT FOR CONTRACTOR SERVICES
Reliable Rentals, Inc.

Levee Portable Sanitation Services
This Amendment No. 1 to Agreement for Contractor Services is made and entered into as of 7/28/2026, by and between the City of Lake Elsinore, a municipal corporation (“City), and Reliable Rentals, Inc., a Corporation (“Contractor”).

RECITALS
A. The City and Contractor have entered into that certain Agreement for Contractor Services dated as of 7/8/2025, (the “Original Agreement”). Except as otherwise defined herein, all capitalized terms used herein shall have the meanings set forth for such terms in the Original Agreement.

B. The Original Agreement provided for compensation to Contractor in an amount of Thirty-Four Thousand Eight Hundred dollars ($34,800).

C. The Original Agreement had a term of commencing July 1, 2025, and ending June 30, 2028, and allows the City to extend the term on a 12-month basis, not to exceed two (2) additional 12-month renewals.

D. The parties now desire to increase the payment for such services as set forth in this Amendment No 1.

NOW, THEREFORE, in consideration of the mutual covenants and conditions set forth herein, City and Contractor agree as follows:

1. Section 2, Compensation, of the Original Agreement is hereby amended to read in its entirety as follows:

Compensation to be paid to Contractor shall be in accordance with the fees set forth in Contractor’s Proposal (Exhibit A-1), which is attached hereto and incorporated herein by reference. In no event shall Contractor’s annual compensation exceed Thirty-Seven Thousand Six Hundred Forty dollars ($37,640) without additional written authorization from the City Council.

2. Except for the changes specifically set forth herein, all other terms and conditions of the Original Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties have caused this Amendment No. 1 to be executed on the respective dates set forth below.
“CITY”
CITY OF LAKE ELSINORE, a municipal
corporation
“CONTRACTOR”
Reliable Rentals, Inc., a Corporation
City Manager
Date:

Monica Arias, Office Manager
Date: __
ATTEST:

City Clerk
APPROVED AS TO FORM:

City Attorney

Assistant City Manager
EXHIBIT A-1
CONTRACTOR ’S PROPOSAL
[ATTACHED]

INVOICE
Reliable Rentals, Inc
Pomona, CA 91766
[email protected]
+1 (310) 906-0123
https://reliablerental.co
Bill to
Chris Erickson
City of Lake Elsinore
Ship to
Chris Erickson
City of Lake Elsinore
Invoice details
Invoice no.: 5701
Terms: Due on receipt
Invoice date: 06/23/2026
Due date: 06/29/2026
Job Number: Levee Portable Restrooms
Rental Period: 28 Day BC Beginning inv.
date
# Date Product or service Description Qty Rate Amount

1. Standard Portable Restroom Standard Portable Restroom Rental W once per week service included
10 $100.00 $1,000.00

2. ADA ADA portable Restroom W/ Once per
week service included
2 $200.00 $400.00

3. Pumping Service Per unit, Per Service 48 $30.00 $1,440.00 Ways to pay
View and pay
Total $2,840.00

AGREEMENT FOR CONTRACTOR SERVICES
Reliable Rentals, Inc.

Citywide Portable Sanitation Services
This Agreement for Contractor Services (the “Agreement”) is made and entered into as of July 8, 2025, by and between the City of Lake Elsinore, a municipal corporation (‘‘City") and Reliable Rentals, Inc, a Corporation ("Contractor").

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

Levee Portable Sanitation Services.

B. Contractor has submitted to City a proposal, dated June 10, 2025, attached hereto as Exhibit A (“Contractor’s Proposal”) and incorporated herein, to provide contractor services to City pursuant to the terms of this Agreement.

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

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

AGREEMENT

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

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

and effect for a period commencing on July 1, 2025 and ending June 30, 2028. The City may, at its sole discretion, extend the term of this Agreement on a 12-month basis not to exceed 2 additional twelve (12) month renewal terms by giving written notice thereof to Contractor not less than thirty (30) days before the end of the contract term, such notice to be exercised by the City Manager.

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

3. Compensation. Compensation to be paid to Contractor shall be in accordance with the fees set forth in Contractor's Proposal (Exhibit A), which is attached hereto and incorporated herein by reference. In no event shall Contractor's annual compensation exceed Thirty-Four Thousand Eiht Hundred dollars ($34,800) without additional written authorization from the City. Notwithstanding any provision of Contractor's Proposal to the contrary, out of pocket expenses set forth in Exhibit A shall be reimbursed at cost without an inflator or administrative charge. Payment by City under this Agreement shall not be deemed a waiver of defects, even if such defects were known to the City at the time of payment.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If to City: City of Lake Elsinore
Attn: City Manager
130 South Main Street
Lake Elsinore, CA 92530
With a copy to: City of Lake Elsinore
Attn: City Clerk
130 South Main Street
Lake Elsinore, CA 92530
If to Contractor: Reliable Rentals, Inc.

Attn: Monica Arias
910 S. Bon View Ave.

Ontario, Ca 91761

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

City Clerk
APPROVED AS TO FORM:

City Attorney
Assistant City Manager
“CONTRACTOR”
Reliable Rentals, Inc., a Corporation
By: Monica Arias
Its: Office Manager
Attachments: Exhibit A – Contractor’s Proposal
Exhibit B – List of Subcontractors

EXHIBIT B

EXHIBIT A
CONTRACTOR’S PROPOSAL
[ATTACHED]

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
910 S BON VIEW AVE Business Type:

ONTARIO, CA 91761-3401

RELIABLE RENTALS INC
910 S BON VIEW AVE
ONTARIO, CA 91761-3401
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

RELIABLE RENTALS INC

RELIABLE RENTALS INC
SERVICE/GENERAL-MISC.

PORTABLE RESTROOM, FENCE AND HAND

WASH STATION RENTAL
028648
8/22/2024 8/31/2025
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/

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: July 28, 2026
Subject: Amendment No. 1 to the Professional Services Agreement with Transtech Engineers, Inc. for On-Call Engineering in Support of the Public Works and Land Development Departments
Recommendation
Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with Transtech Engineers, Inc. to support the Public Works and Land Development Departments in an amount not to exceed $150,000 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 $15,000 for uncertainties and adjustments.

Background
On December 9, 2025, the City Council approved a Professional Services Agreement with Transtech Engineers, Inc. (Transtech), in the amount of $100,00 to provide project management, engineering, and construction inspection services. The City of Lake Elsinore continues to see rapid growth in both public infrastructure and private development. To keep project timelines on track and ensure quality across capital improvement projects (CIP) and land development projects, additional qualified professional staff is needed.

Transtech specializes in municipal engineering services and has successfully supported similar agencies with on-call engineering and inspection staff. Their proposed team includes:
• Project Manager (CIP) – Oversee and prepare plans, specifications, and cost estimates; administers design and construction contracts by reviewing program reports, designs, specifications, estimates, invoices, and construction activities of firms under contract to ensure compliance with project scope and design criteria; recommends and approves field changes as required/allowed; collaborates and consults with other City departments, outside agencies, and the public; monitors construction for conformity and compliance with plans, specifications, codes, and ordinances; manages projects during construction, Transtech Amendment No. 1

including coordination with other City departments and preparation or evaluation of change orders, payment requests, punch lists, and reports. • CIP Engineer – responsible for designing City capital improvement projects, drawing construction plans, and preparing engineer’s estimates, measuring project quantities, reviewing designs for accuracy, coordinating with City staff and utility agencies, preparing reports, assisting in Public Works projects, and supporting project design and planning. • Land Development Engineer – manages and reviews private development and infrastructure project to ensure compliance with municipal code and City standards; review site plans, grading and encroachment permits, stormwater reports, and interdepartmental coordination; and assist with development oversight, policy and procedure development. • Inspector – performs inspections for public works projects, subdivisions, and construction improvements to ensure compliance with plans, codes, and City standards and completes documentation and coordinates with contractors and staff as needed.

In the last year, Transtech has delivered on Canyon Hills Slurry, Lakeshore Drive Sidewalk, Bushman Storm Drain Realignment and Spring Street Sidewalk projects and continues to provide construction support on the I-15 Main St Landscape and Murrieta Creek Multi-Use Trail projects.

Discussion
Amendment No. 1 will increase the contract amount to provide necessary support for project management, CIP development, and plan reviews that have incurred from both CIP and private land development projects. The contract requires an amendment to authorize an additional $150,000.

This agreement allows the City to access qualified personnel as needed, offering flexibility and responsiveness to workload demands. Transtech’s staff will continue to work under the direction of the City Engineer and integrate with existing CIP and Land Development operations. The key benefits include accelerated project delivery, improved oversight and quality control, reduced burden on internal staff, and cost-effective staffing through professional services.

Fiscal Impact
A combination of adopted CIP project budgets and developer deposits will support on-call engineering services as proposed in this Amendment No 1. Funds are also available in the City’s Annual Operating Budgets for FY 26-27.

Attachments
Attachment 1 – Amendment No. 1
Exhibit A - Proposal
Attachment 2 – Original Agreement
AMENDMENT NO.1

TO AGREEMENT FOR PROFESSIONAL SERVICES
Transtech Engineers, Inc.

On-Call Engineering Services
This Amendment No. 1 to Agreement for Professional Services is made and entered into as of 7/28/2026, by and between the City of Lake Elsinore, a municipal corporation (“City), and Transtech Engineers, Inc., a Corporation (“Consultant”).

RECITALS
A. The City and Consultant have entered into that certain Agreement for Professional Services dated as of 12/9/2025, (the “Original Agreement”). Except as otherwise defined herein, all capitalized terms used herein shall have the meanings set forth for such terms in the Original Agreement.

B. The Original Agreement provided for compensation to Consultant in an amount of One Hundred Thousand dollars ($100,000.00).

C. The parties now desire to increase compensation for such services as set forth in this Amendment No 1.

NOW, THEREFORE, in consideration of the mutual covenants and conditions set forth herein, City and Consultant agree as follows:

1. Section 3, Compensation, of the Original Agreement is hereby amended to add the following:

Notwithstanding the foregoing, for purposes of Amendment No. 1 and the term thereof, compensation to be paid to Consultant shall be in accordance with the Schedule of Charges set forth in Consultant’s Original Agreement. In no event shall Consultant’s compensation related Amendment No. 1 exceed One Hundred Fifty Thousand dollars ($150,000) without additional written authorization from the City Council.

Annual compensation during each renewal term, if any, shall not exceed Two Hundred Fifty Thousand Dollars ($250,000) annually during each fiscal year for the term of the Agreement.

Notwithstanding any provision of Consultant’s Original Agreement to the contrary, out of pocket expenses set forth in Exhibit A, respectively, 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.

2. Except for the changes specifically set forth herein, all other terms and conditions of the Original Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties have caused this Amendment No. 1 to be executed on the respective dates set forth below.
“CITY”
CITY OF LAKE ELSINORE, a municipal
corporation
“CONSULTANT”
Transtech Engineers, Inc.

City Manager
Date:

Ali Cayir President
Date: __
ATTEST:

City Clerk
APPROVED AS TO FORM:

City Attorney

Assistant City Manager
Attachments: Exhibit A-1 – Consultant’s Proposal
EXHIBIT A-1
CONSULTANT’S PROPOSAL
[ATTACHED]
13367 Benson Avenue | Chino CA 91710 | T 909 595 8599 | F 909 590 8599 | Transtech.org About Transtech Video Highlight:

CLICK HERE
July 7, 2026
City of Lake Elsinore
130 S Main St,
Lake Elsinore, CA 92530
Attn: Yu Tagai, PE, City Engineer, E: [email protected]; Subject: Transtech Proposal for On Call Engineering Services Dear Mr. Tagai,
As requested, Transtech is pleased to submit this Letter of Proposal to the City for the following services:

On Call Engineering Services
Established in 1989, Transtech (a California Corporation) is a multi-disciplinary engineering consulting firm.

Transtech has been in business for 37 years and is providing municipal services to approximately 100 public agencies.

Transtech has a large pool of well experienced staff and resources readily available to provide requested services, and respond to requests in a timely, efficient, and cost-effective manner. Our staff and resources include approximately 250 professionals, including building officials, plan checkers, inspectors, permit technicians, engineers, project managers, designers, plan checkers, inspectors, construction managers, traffic and transportation analysts, technicians, support personnel.

We have extensive experience working with Public Agencies/Cities in similar assignments. We are accustomed to working with governmental agencies, and have a good understanding of public agency issues, procedures, and policies. Several of our staff members are former City Engineers, Public Works Directors. One of the unique qualifications of Transtech is that we serve public agencies as municipal contract service providers, including Contract City Engineer, City Traffic Engineer, Building Official, CIP Manager, Planner and in other capacities.

Our multi-disciplinary service capabilities include:
• Building & Safety Services, Building Inspection, Plan Check, Building Evaluations, City Building Official, Code Enforcement
• City Engineer, City Traffic Engineer, Development
Review, Public Works Engineering, Plan Check,
Inspection
• Civil Engineering
• Planning Support
• Traffic and Transportation Planning and Engineering
• Water Resources Engineering
• CIP Program and Project Management
• Construction Management and Inspection
• Federally Funded Project Management
• Labor Compliance
• Staff Augmentation
• Grant Writing
• CDBG Project Management
• Emergency Support Services
We have experience in a variety of projects, such as:
• Street Rehabilitation and Reconstruction
• Traffic Signals
• Street Lighting
• ADA Improvements
• Bridges Parking Structures
• Community Centers
• City Halls
• Fire Stations
• Police Stations
Transtech Proposal for On Call Engineering Services
Cover Letter 2
• Water, Drainage, Sewer Improvements
• Utilities
• Libraries • Parks and Playgrounds
Our team includes experienced staff members who have worked for Caltrans and are intimately familiar with the standards and procedures, project development and approval process, and requirements.

We work and coordinate with SB County on a number of projects. We are also one of the CMCI service consultants for the County.

We have extensive experience in the management and administration of federally funded projects. In the past few years, we have managed over 50 federally funded projects. Our staff members have completed Caltrans Resident Engineer Academy for Federally Funded Projects. We follow guidelines and procedures of Caltrans Local Assistance Procedures Manual (LAPM).

Our team has proven track record in obtaining outside grants for its client cities. Our staff works with our client cities to find potential funding sources, and to prepare competitive applications for various programs. We have obtained extensive amount of funds for our client cities.

We provide value added service. Because we are a multi-disciplinary service firm and also provide plan check and inspection among many services to many local agencies, we can also supplement/support Agency plan check and inspection staff, if needed, for code required plan check and inspection efforts.

We have extensive experience in Design-Build Projects (California Public Contract Code, Part 3. Contracting by Local Agencies; Article 4. Cities; CHAPTER 4. Local Agency Design-Build Projects).

Community Involvement: We are proud to support civic and community activities, which demonstrates our commitment to the progress, health, and well-being of the communities we serve. In services and partnership with our client cities, we have a proven record of active engagement in City and Community events, programs, causes, and initiatives. Our goal is not just to serve as an engineering consultant which is what we are best at, but activity partnering with our clients, to further enhance the City’s reputation as an ideal community to live, invest, work, and play in. The Transtech Team is very passionate about giving back, especially through youth empowerment and workshops to encourage middle school and high school students to pursue higher education and to get involved in STEM related fields, like engineering. Several of our team members have been involved in various organizations and spoke at countless events to encourage the youth and young women in particular to pursue Engineering in both their academic and career paths.

Service Philosophy: Our service philosophy is defined by our unique “Customer Care” approach in delivering our services in an efficient, cost-effective, timely and customer friendly manner:
✓ Transtech is well known in providing Cost Effective Services on time with a customer friendly and responsive approach.
✓ Our services are founded on the principles of Total Quality Management for Total Customer Care. ✓ Transtech understands the importance of being able to expedite certain projects, when requested, by the City. Transtech has sufficient staff and resources to expedite projects. ✓ We have a structured approach to execute projects in an efficient manner that makes Transtech capable of providing the City with the highest quality product. Transtech has established guidelines and policies, including written manuals on quality control, project management, and design procedures for its staff and for its contract cities.
✓ All telephone calls or e-mails received are returned within the same working day, or the following day.

We take pride in our “Same Day Response” motto.
✓ Responsiveness is an integral part of Transtech’s “customer friendly” service approach. ✓ We will strive to enhance the City’s image by public trust to be the most desirable community to live, invest and conduct business.
✓ Customer Care means highest quality customer service. Transtech is committed to providing “Customer Care” to the City, City's patrons, responding quickly and effectively to the walk-in, telephone, and electronic inquiries of the public related to our services.

Transtech Proposal for On Call Engineering Services
Cover Letter 3
We believe our team is well qualified to perform the services requested: We have extensive experience working with Public Agencies in similar assignments. We are accustomed to working with governmental agencies, and have a good understanding of public agency issues, procedures, and policies. ✓ Successfully providing similar services to many agencies for over 37 years. ✓ Proven track record in on time and within budget project delivery. ✓ Multi-disciplinary engineering consulting service capabilities to provide an array of municipal services. ✓ Ability to work collaboratively with agencies, project applicants, and other stake holders, and communicate effectively with diverse audiences and stakeholders at public forums. ✓ Committed to producing a high-quality work product and deliver a high level of customer care. ✓ Commitment of principal level management and involvement throughout the contract duration. ✓ Well experienced in-house staff readily available to commence with the services upon City’s authorization.

Thank you for the opportunity to submit this SOQ. Should you have any questions, or require additional information, please contact the undersigned.

Sincerely
Transtech Engineers, Inc.

Okan Demirci, PE, QSD/P, MBA
Principal Project Manager
E: [email protected]
C: 714-319-6137
Ahmad Ansari, PE
Contract Principal
E: [email protected]
C: 949-702-5612
Transtech Proposal for On Call Engineering Services
Table of Contents
Section Page

1. COMPANY BACKGROUND 1

2. EXPERIENCE IN SIMILAR SERVICES 2

3. SERVICE APPROACH 8

4. PROPOSED STAFF 15

5. REFERENCES 28

6. FEE 34
Transtech Proposal for On Call Engineering Services
Proposal 1

1. COMPANY BACKGROUND
Company Profile: Established in 1989, Transtech (a California Corporation) is a multi-disciplinary engineering consulting firm. Transtech has been in business for 37 years and is providing municipal services to approximately 100 public agencies.

Large Pool of Staff with Diversified Experience: Transtech has a large pool of well experienced staff and resources readily available to provide requested services, and respond to requests in a timely, efficient, and cost-effective manner. Our staff and resources include approximately 250 professionals, including building officials, plan checkers, inspectors, permit technicians, engineers, project managers, designers, plan checkers, inspectors, construction managers, traffic and transportation analysts, technicians, support personnel.

Experience in Working with Public Agencies/Cities: We have extensive experience working with Public Agencies/Cities in similar assignments. We are accustomed to working with governmental agencies, and have a good understanding of public agency issues, procedures, and policies. Several of our staff members are former City Engineers, Public Works Directors. One of the unique qualifications of Transtech is that we serve public agencies as municipal contract service providers, including Contract City Engineer, City Traffic Engineer, Building Official, CIP Manager, Planner and in other capacities.

Our multi-disciplinary service capabilities include:
• Building & Safety Services, Building Inspection, Plan Check, Building Evaluations, City Building Official, Code Enforcement
• City Engineer, City Traffic Engineer, Development
Review, Public Works Engineering, Plan Check,
Inspection
• Civil Engineering
• Planning Support
• Traffic and Transportation Planning and Engineering
• Water Resources Engineering
• CIP Program and Project Management
• Construction Management and Inspection
• Federally Funded Project Management
• Labor Compliance
• Staff Augmentation
• Grant Writing
• CDBG Project Management
• Emergency Support Services
Experience with Caltrans: Our team includes experienced staff members who have worked for Caltrans and are intimately familiar with the standards and procedures, project development and approval process, and requirements.

Experience with County of San Bernardino: We work and coordinate with SB County on a number of projects.

We are also one of the CMCI service consultants for the County.

Experience in Federally Funded Projects: We have extensive experience in the management and administration of federally funded projects. In the past few years, we have managed over 50 federally funded projects. Our staff members have completed Caltrans Resident Engineer Academy for Federally Funded Projects. We follow guidelines and procedures of Caltrans Local Assistance Procedures Manual (LAPM).

Experience in Grants: Our team has proven track record in obtaining outside grants for its client cities. Our staff works with our client cities to find potential funding sources, and to prepare competitive applications for various programs. We have obtained extensive amount of funds for our client cities.

Value Added Service: We provide value added service. Because we are a multi-disciplinary service firm and also provide plan check and inspection among many services to many local agencies, we can also supplement/support Agency plan check and inspection staff, if needed, for code required plan check and inspection efforts.

Experience in Design-Build Projects: We have extensive experience in Design-Build Projects (California Public Contract Code, Part 3. Contracting by Local Agencies; Article 4. Cities; CHAPTER 4. Local Agency DesignBuild Projects).

Transtech Proposal for On Call Engineering Services
Proposal 2

2. EXPERIENCE IN SIMILAR SERVICES
We have experience in a variety of projects, such as:
• Street Rehabilitation and Reconstruction
• Traffic Signals
• Street Lighting
• Water, Drainage, Sewer Improvements
• Utilities
• ADA Improvements
• Bridges Parking Structures
• Community Centers
• Libraries
• City Halls
• Fire Stations
• Police Stations
• Parks and Playgrounds
Transtech is providing municipal services to approximately 90 public agencies, including serving as CIP Engineer, Project Manager and Inspector for many agencies. Below is a partial list of clients with similar services:
• West Covina (City Engineer, Traffic Engineer, Building Official, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Alhambra (City Engineer, Traffic Engineer, Building Official, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Commerce (City Engineer, Traffic Engineer, Building Official, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Cudahy (City Engineer, Traffic Engineer, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Temple City (City Engineer, Traffic Engineer, Building Official, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Rosemead (City Engineer, Traffic Engineer, Building Official, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• South El Monte (City Engineer, Traffic Engineer, Building Official, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Montebello (City Engineer, Traffic Engineer, Building Official, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Monterey Park (City Engineer, Traffic Engineer, Building Official, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Huntington Park (City Engineer, Traffic Engineer, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Maywood (City Engineer, Traffic Engineer, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Glendora (City Engineer, Traffic Engineer, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• La Palma (City Engineer, Traffic Engineer, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Hidden Hills (City Engineer, Traffic Engineer, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Anaheim (General Engineering, Staff Augmentation, CIP Management, Inspection) • Azusa (Building Official, Plan Check, CIP Management, Inspection) • Beaumont (General Engineering, CIP Management, Inspection) • Bell (Building Official, Plan Check, Inspection, CIP Management) • Buena Park (City Engineer, Plan Check, Inspection, CIP Management, General Engineering) • Camarillo (General Engineering, Inspection, CIP Management) • Carson (Building Official, Plan Check, Inspection, CIP Management, General Engineering) • Cerritos (CIP Management, Inspection, General Engineering) • Eastvale (CIP Management, Inspection, Traffic Engineering, Grant Writing and Administration, General Engineering)
Transtech Proposal for On Call Engineering Services
Proposal 3
• El Monte (Plan Check, Permit Inspection, Traffic Engineering, CIP Management, Construction Management)
• Gardena (On-call Services)
• Hesperia (Plan Check, Permit Inspection, Traffic Engineering, CIP Management, Construction Management)
• Huntington Beach (Permit Inspection, CIP Management, Construction Management) • Irvine (On-call Services)
• Irwindale (On-call Services)
• La Canada Flintridge (Staff Augmentation, CIP Management, Inspection) • Lake Elsinore (Staff Augmentation, CIP Management, Inspection) • Lancaster (Staff Augmentation, Traffic Engineering, Staff Augmentation, CIP Management, Inspection) • Lawndale (General Engineering, Plan Check)
• Lynwood (City Engineer, Traffic Engineer, Plan Check, Inspection, CIP Management, Grant Writing and Administration, General Engineering)
• Monrovia (CIP Management, Inspection)
• Norwalk (Inspection, CIP Management, General Engineering) • Ontario (Inspection, CIP Management, General Engineering) • Pasadena (On-Call Plan Check, Inspection, Engineering Services) • Rancho Cucamonga (On-Call Plan Check, Engineering Services) • San Marino (Traffic Engineering)
• Santa Fe Springs (Building Official, Plan Check, Inspection) • South Pasadena (Building Official, Plan Check, Inspection) • Upland (On-Call Plan Check, Engineering Services)
• Victorville (On-Call Plan Check, Engineering Services) Transtech Proposal for On Call Engineering Services
Proposal 4
Following are examples of different types of projects demonstrating our diverse projects experience:

Roadway Projects:

Washington Boulevard Widening and Reconstruction Project ($40M): Transtech provided CM/CI/Resident Engineer,
Inspector, Office Engineer Services. The project included widening and reconstruction of 2.7 miles of Roadway, Traffic Signals, Street Lighting, Landscape, Improvements at I-5 and at 710 Freeways ramps. The project was Federally Funded and was managed in compliance with Caltrans Local
Assistance Procedures Manual. The project was also a
Caltrans Oversight Project.

Rosemead Boulevard Improvements Project ($20M): Located in the City of Temple City, this was a Federally Funded project.

Funding also included METRO Measure R and Prop C Funds.

Transtech provided Project, Program, Construction
Management, Resident Engineer, Inspection, Federal
Compliance, Labor Compliance and Office Engineer
Services. The project included protected bike lanes,
widening and reconstruction of 2 miles of roadway.

Atlantic Boulevard Corridor Improvement Project ($20M): This was a Federally Funded project in the City of Commerce.

Transtech provided turnkey services included construction management, resident engineer, inspection, office engineer, and funds coordinator. The project was a major street
reconstruction and beautification project along Atlantic Boulevard which improved mobility for pedestrians, trucks, and vehicles as well as provided corridor beautification with landscaped medians and other elements.

Cactus Avenue and Nason Street Improvements and 135’
Span Bridge Project ($21M): This project was part of the State Local Partnership Program SLPP Grant in the City of Moreno Valley ($21M). Transtech provided construction
management, resident engineer, inspection, and office
engineer services.

Eastern Avenue Rehab Project ($1.5M): Located in the City of Commerce, this project was funded through City’s Measure AA Funds. The project involved Full Depth Reclaimed
Pavement Rehabilitation. Transtech provided construction management and inspection services.

Rte 71/Mission Bl Grade Separation Project ($40M): This project was a Federally Funded project located the City of Pomona and included construction of a bridge/grade
separation. Transtech provided construction management, resident engineer, inspection, labor compliance and office engineer services. Caltrans was the oversight/jurisdictional Agency.

Bogert Trail Bridge Widening Project ($5M): Located in the City of Palm Springs, this project was a Federally Funded project. Transtech provided construction management,
resident engineer, inspection, labor compliance and office engineer services. The project involved bridge widening, retrofit, and beautification elements.

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26th Street Rehab and Metrolink Station ($1M): This project was Federally Funded in the City of Commerce and included
rehabilitation of 26th Street, and Metrolink Station parking lot rehab, station platform improvements, landscape and
lighting. Transtech provided construction management,
resident engineer, inspection, labor compliance and office engineer services.

ATP Citywide Crosswalk and Pedestrian Safety Improvement Project ($1.2M): Located in the City of Cudahy, this project included safe routes to school pedestrian safety
improvements near schools and pedestrian activity centers.

Transtech provided construction management, resident
engineer, inspection, labor compliance and office engineer services.

Middleton Street Elementary School Safe Routes to School Improvements Project ($500K): Located in the City of
Huntington Park, this project was part of the Safe Route to School program and included pedestrian safety
improvements, bulb outs, ADA compliant PCC curb ramps,
sidewalk improvements, updated signage, striping and
markings. Transtech provided construction management,
resident engineer, inspection, labor compliance and office engineer services.

Slauson Avenue ADA Improvements and Tree Replacement
Project ($1.5M): Located in the City of Commerce, this
project was funded through City’s Measure AA Funds. The project included removal of 149 overgrown Ficus trees that displaced the sidewalk in some areas up to 2 feet high and replaced them with new ADA compliant sidewalk and
planted 433 drought tolerant trees in their place. Transtech provided construction management and inspection,
services.

Parking Lot Improvements Projects ($550K): Located in the City of Temple City, this project included new parking lot signage, asphalt resurfacing, construction of trellis, new lighting, electrical vehicle charging station infrastructure, landscaping, and drainage. Transtech provided construction management, and inspection services.

EXAMPLES OF VERTICAL (TYPE B-BUILDING) PROJECTS:

City of Whittier, Uptown Parking Structure ($12M): The project involved construction of a 4 story, 450 stall parking structure, and includes elements such as bicycle and motorcycle parking and provisions for future photovoltaic panels. The project was delivered as DBB.

Transtech served as Construction Manager. This project is located in Whittier.

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Renaissance Plaza ($15M): This project was located in the City of Alhambra and included a parking structure, 10 plex movie theater, retail, and plaza. Transtech served as the City’s Building Official, Plan Checker and Inspector for this project including construction manager of the parking structure, public plaza, and other improvements.

Rosewood Community Center ($25M): Transtech was retained by the City of Commerce to take over the management of this multimilliondollar facility which was 2 years behind schedule. Within 5 months, Transtech brought the construction to substantial completion level allowing the City to start the move-in process, and 2 months after, the facility was opened for public use.

Garfield Avenue Parking Structure ($8.5M): This project included a 5- story level, 600 space parking structure as part of the Alhambra Redevelopment Agency and Downtown Redevelopment. Transtech provided plan check, inspection, construction management and owner representative services.

Riverside County Transportation Commission, Corona Main Street Metrolink Parking Structure and Pedestrian Bridge (25M): This project is in Corona and included 6 level, approximately 1,000 space parking structure, and a pedestrian bridge over railroad tracks. Transtech provided inspection and construction management services for the construction of this federally funded project.

City of Alhambra Civic Center Library Project ($25M): Transtech provided plan check, inspection, construction management, and owner representative services, the project included construction of a 45,000 SF Library with an underground parking garage.

City of San Bernardino Santa Fe Depot/Metrolink Parking Structure and Historic Santa Fe Depot Renovation Project ($25M): This project included The Parking Structure involved the construction of a 3-level parking structure for 350 cars. Historic Santa Fe Depot Renovation involved renovation for adoptive reuse of 60,000 sf historical Santa Fe Train Depot.

EXAMPLES OF PARK PROJECTS:

Ontario Great Park DB (Design-Build
Project). ($45M): The project is being
delivered under DB delivery.

Transtech is City’s Owner’s
Representative/Program Manager.

City of Temple City, Primrose Park
($4M, Prop 68 Funding): The project
included constructing a new park with
playground, landscaping, parking lot,
concrete plaza, lighting, drainage,
ADA improvements.

City of Monterey Park, Citywide
Parks Improvement Project
($6.5M): This project included
installation of park equipment
(playground, picnic shelters,
benches), construction of ADA
improvements at 13 parks.

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City of Commerce/Caltrans, I-5
Freeway/Washington Bl SB on and off
Ramps Landscape Improvements
($3M, Federally Funded): The project
included Landscape, Improvements
at I-5 and at 710 Freeways ramps.

City of Alhambra, Almansor Park
Improvements Project ($2.5M): The
project included construction of new
basketball courts, restroom facilities,
shade structure, new drainage
systems, new lightings, and updated
landscaping and irrigation, and PCC
walkways.

City of Cudahy, Soccer Field
(synthetic turf) and Park
Improvements Project ($2M,
CDBG Funded): The project
included constructing a new
soccer field with artificial turf on
existing baseball field,
landscaping, parking lot,
concrete plaza, lighting,
drainage, ADA improvements.

City of Huntington Park, Salt Lake
Park Splash Pad Project ($1M): The
project included installation of splash
park.

City of Fontana, South Fontana Park
($15M): The project included an 18-
acre park with 4 artificial turf
soccer/football fields, sports lighting,
playground/tot lot, walking path, 2
Restroom/Concession Building, shade
structures, fencing.

City of Temple City, Pocket
Park/Parking Lot Improvements
Projects ($1M): The project
included new park/parking lot
signage, trellis, landscaping,
drainage, lighting,
EXAMPLES OF LAND DEVELOPMENT PLAN CHECK AND PERMIT INSPECTION PROJECTS:

Agency: CITY OF TEMPLE CITY
Project: Blossom Walk Residential Development (Valuation $6M). This development includes 24-unit condominiums and 4 single family homes.

Transtech provided following services:
• Establishing conditions of approval and coordination with the Planning Staff for the entitlement of the project.
• Engineering Plan Check, Map Check, and Permit Inspection. • Building Plan Check and Inspection.

Transtech serves as the City’s Contract Building Official, City Engineer, City Traffic Engineer.

Agency: CITY OF SOUTH EL MONTE
Project: Chico Residential Development (Valuation $15M). This development includes 13 buildings with 70 residential units.

Transtech provided following services:
• Establishing conditions of approval and coordination with the Planning Staff for the entitlement of the project.
• Engineering Plan Check, Map Check, and Permit Inspection. • Building Plan Check and Inspection.

Transtech serves as the City’s Contract Building Official, City Engineer, City Traffic Engineer.

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Agency: CITY OF COMMERCE
Project: Warehouse with Office Space Development (Valuation $20M). This development includes one-story of warehouse with mezzanines for office use of 114,898 square feet of total floor area in a 5.65-acre lot.

Transtech provided following services:
• Establishing conditions of approval and coordination with the Planning Staff for the entitlement of the project.
• Engineering Plan Check, Map Check, and Permit Inspection. • Building Plan Check and Inspection.

Transtech serves as the City’s Contract Building Official, City Engineer, City Traffic Engineer.

Agency: CITY OF ALHAMBRA
Project: Main Street Collection (Valuation $23M). This development includes 4-story mixed-use project with 8,200 s ft retail space, 52 condos, 9 live/work units, 19 townhomes, and 6 shopkeeper units.

Transtech provided following services:
• Establishing conditions of approval and coordination with the Planning Staff for the entitlement of the project.
• Engineering Plan Check, Map Check, and Permit Inspection. • Building Plan Check and Inspection.

Transtech serves as the City’s Contract Building Official, City Engineer, City Traffic Engineer.

Agency: CITY OF WEST COVINA
Project: Medical Center Building (Valuation $20M). This project is a new Medical Office Building of approximately 55,000 sf that will operate 24/7 providing a radiation oncology department and infusion department.

Transtech provided following services:
• Establishing conditions of approval and coordination with the Planning Staff for the entitlement of the project.
• Engineering Plan Check, Map Check, and Permit Inspection. • Building Plan Check and Inspection.

Transtech serves as the City’s Contract Building Official, City Engineer, City Traffic Engineer.

3. SERVICE APPROACH
STRUCTURED APPROACH: We have a structured approach to execute projects in an efficient manner that makes Transtech capable of providing the city with an efficient and quality product. Transtech has established guidelines and policies, including written manuals on quality control, project management, and design procedures for its staff and for its contract cities. These guidelines ensure a consistent approach to the execution of assignments undertaken by our organization in compliance with City’s specific procedures, standards and requirements. The following paragraphs describe our general approach to deliver projects in an efficient and cost-effective manner. A project specific approach will be provided for each assigned project and will become part of the specific contract for the specific project. • Project Management: Our approach is to provide proactive management and attempt to identify potential issues and problems in advance and take corrective actions before they become problems.

This requires extensive hands-on knowledge, experience and management skills of the people involved in managing the project. Our team members have extensive experience and proven track record in managing large and complex projects and bringing them to a completion on time and within budget. • Approach to Cost Control and Change Orders: We evaluate project costs and develop feasible mitigation measures to minimize additional costs. We work as a team to solve problems or make modifications in the field to address unforeseen conditions or owner generated changes in a cost-effective manner. • Approach to Scheduling and Timely Completion of Project and Schedule Recovery: The baseline Transtech Proposal for On Call Engineering Services
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schedule should properly identify the project scope, critical path, project milestones, target dates, phases and sequences of work, and activity durations. When significant activities show that they are slipping from the baseline, we work with the contractor to develop recovery plans. • Management of Documents: We use an electronic file management system. All construction forms, daily dairies, weekly statement of working days, etc. are stored in our electronic file system, and are per Caltrans documentation system. We provide these documents at the end of the project to the client in organized files as well as pdf files.
• Safety and Security: We hold meetings with the contractor to review and discuss safety and security requirements, OSHA conformance, emergency security and safety procedures, and enforce security and safety responsibilities.
• Funding Closeout: We prepare necessary closeout documentation required by the funding agencies, submit final reimbursement documentation, follow-up on the reimbursements, and final funds balance report.
• Project Closeout: We recognize that closeout is an important part of the construction process. It signifies that the new facility structure is ready to use. We methodically handle all closeout tasks to ensure a smooth transition from construction to occupancy.
• Methodology for Communication to Inform City on Work Progress: Key project team members will attend periodic project progress meetings with City staff throughout the project duration. • Electronic common project information and file sharing platform: We create and provide access to project participants a common project information and file sharing platform.

PROJECT DELIVERY, PLANNING AND EXECUTION APPROACH: Project delivery, on time and on budget, may involve the process steps listed below:
• Active involvement early in the project and a thorough understanding of the agencies goals and objectives.
• Management of scope and quality (i.e., is the available budget and the desired scope consistent and feasible?).
• Identify deliverables, phasing, and overall project schedule. (This specifically includes project closeout procedures. Never wait until the last minute to define expectations for project completion.) • Creation of a basic work breakdown structure. (This is also the time to consider potential alternatives.) • Identification of the critical activities and the required path from beginning to successful completion. • Assembly of necessary and effective team members.
• Identify the owner of the project and the project point of contact. • Identification of critical stakeholders and definition of their respective roles. • Establish the total project budget and the total project schedule. • Identification of milestone events required to evaluate and/or verify project performance. • Identify, assesses likelihood, mitigate, and assign potential risks. • Define quality control procedures, including code required special inspection and testing. • Define quality assurance procedures, including review and acceptance of special inspection reports and testing results.
• Monitor costs against the established budget and guard against unfunded scope creep. • Monitor actual progress against the established project schedule.

To be cost effective, the management of projects should be tailored to the actual project. Steps and processes that are required for some projects are not necessarily required to all projects. For the same reason, staffing should be tailored to meet the needs of the specific project, and available staffing should be shared among multiple projects where increased efficiency can be achieved.

CIP MANAGEMENT: Transtech manages Capital Project Program and maintains CIP Matrix and Schedule for various contract Cities. The CIP Matrix includes a detailed tracking info for each CIP, as well as a high-level project schedule status in bar chart format for various project phases. The CIP Matrix is updated frequently, and project status is presented to City Management at management meetings, as well as to City Council when directed by the City Management.

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DUE DILIGENCE ACTIVITIES AND MEASURES: Following are description of the due diligence activities and measures that maybe considered to avoid/minimize the occurrence/impacts of unforeseen conditions:
• In our view, due diligence is related to, but distinctly different from quality control and/or quality assurance. Due diligence, in this context, is the care and effort during all project phases, from project planning, design thru construction.
• Effective project controls part of the diligence activities, and lead to developing efficient measures and resolutions, and play an important role to keep complex projects on track. They help teams and stakeholders identify emerging risks early, before they become expensive, time-consuming problems.

With advance warning, these issues can be mitigated or avoided altogether. Project controls also give the project team the data they need to set realistic expectations, and plan and manage the project with efficiently.
• Also, when an unforeseen condition occurs, it is important to quickly assess the potential impact of such condition on the schedule and project’s critical path, and deal with the issue accordingly. For example, an unforeseen condition that may lead to potential delay and delay claims (in addition to direct construction work cost related to the condition), would have high priority, and may require to proceed with the work under specific monitoring of this specific work separately, while the facts and responsibilities are sorted out, and an appropriate change order is finalized. • Identifying potential construction risks prior to the start of construction can lead to success. During preconstruction, review of construction and contract documents in an effort to identify risks or concerns prior to the start of construction, will minimize the potential of unforeseen conditions.

COORDINATION WITH CITY: Key project team members will attend periodic project progress meetings with City staff throughout the project duration. We will maintain and establish and maintain a close working relationship with City staff. We will manage assigned projects, carefully control costs and resources, and complete assigned work on schedule. We will provide progress reports to the city at regular intervals.

Capital Improvement Program (CIP) Funding Programming
High-Level CIP Schedule Tracker
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METHODS/PROCEDURES FOR DEVELOPING /PUBLISHING PROJECT STATUS REPORTS/RECORDS: Project status reporting is another area where the solution should be tailored to the size and scope of the project being managed and the actual reporting product anticipated by the city. In addition to the size and scope of the project, the actual point in time of the project matters. For example, project status reporting for a design building project that is currently preparing bridging documents will be significantly different from the report that would be prepared once construction has commenced.

QUALITY ASSURANCE PROGRAM: During construction, an effective Quality Assurance Program will ensure the materials and workmanship incorporated into project conform to the requirements of the contract plans and specifications including approved changes. We believe that quality control is the setting of minimum standards and/or quality requirements for the specific project. Quality assurance is the means by which the quality control measures will be monitored and/or enforced. We also believe that quality control and quality assurance measures need to be developed jointly with the client. To effectively establish quality control measures, we must understand the County’s specific expectations and/or level of desired quality for the specific project. Once the expectations have been defined, and the quality control measures established, the quality assurance measures can be established. A significant part of establishing the quality assurance measures includes the timing of the measure. QC/QA can only be effective when the measures are applied and/or evaluated in a timely manner.

VALUE ENGINEERING: Depending on a project’s size, complexity and the owner’s requirements, Value Engineering may also be considered. The Value Engineering may consist of a systematic process of review and analysis of the project during the concept and design phases, by a multi-disciplined team of persons not involved in the project, may include recommendations such as:
• To improve the value and quality of the project; To provide the needed functions safely, reliably, and at the lowest overall cost; To reduce the time to complete the project; To combine or eliminate otherwise inefficient use of costly parts of the original proposed design for the project.

SCHEDULE CONTROL: Transtech has a proven track record for completing projects on time. Part of our role as Project Managers is to develop, review, update and manage the project schedules and confirm that tasks are scheduled within reasonable and appropriate time frames. We constantly review, monitor, and update the schedule to confirm it is in compliance with the original schedule and that related coordination with external/3rd parties/regulatory agencies/utility companies, etc. are on track. If the look ahead schedule is not in compliance with the original schedule, we take appropriate actions to avoid potential delays. Project schedule controls are essential to keep complex construction projects on budget and on time. They help teams and stakeholders identify emerging risks early, before they become expensive, time-consuming problems. With advance warning, these issues can be mitigated or avoided altogether. Project controls also give leadership the data they need to set realistic expectations, manage subcontractors, and plan with confidence. Our staff has experience with various document control software systems including Procore, Autodesk ConstructWare (which has now become Construction Cloud), and Primavera P6. In our experience all major control software programs work basically the same way and adapting from one software offering to another has a fairly small learning curve. Because the specific software is generally a choice made by the prime contractor, our staff is ready to partner with any user of any program. That said, not all projects require the ‘fire power’ associated with an expensive, sophisticated control system. Sometimes an intelligently designed filing system that stores basic Word, Excel, PDF, and email documents in the cloud is all a project really needs.

COST CONTROL AND CHANGE ORDER MANAGEMENT: We evaluate project costs and develop feasible mitigation measures to minimize additional costs. We work as a team to solve problems or make modifications in the field to address unforeseen conditions or owner generated changes in a cost-effective manner. A number of different factors can influence Costs and the development of Change Orders on projects, which can result from either foreseen or unforeseen conditions. Our approach and strategy is structured based on minimizing cost and schedule impacts, while evaluating change orders in a timely, fair and equitable manner.

Our initial evaluation of a change order request incudes various elements:
• Is the proposed change order necessary to complete the work as contemplated at the time the plans Transtech Proposal for On Call Engineering Services
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and specifications were approved?
• Is the proposed work already covered in the contract? • What is the overall impact on the planned work?
• Will the proposed change order affect or change the contractor’s planned method of performing the work?
• Will the ordered change cause a work-character change? • Will the contract time be affected?
• What are the impacts of adjusting contract time?
• What methods of payment should be used?
• Are there sufficient contingency funds? If not, can additional funds be obtained soon enough to prevent delays?
• Does the proposed change adhere to the approved environmental document, existing permit conditions, utility obligations, and right-of-way agreements? Approach to efficient change order resolution:
• For the negotiations to be successful, it is important that the owner and the contractor be objective in their analysis of the cost and time to complete the work scope that is defined by the potential Change Order. Frequently, the process suffers because of differing personalities and from heightened emotions.

To be productive, the focus of the negotiations should remain on the factual circumstances that are related to the Change Order.
• During negotiations, disagreements are often experienced, which can impede the progress for finalizing the Change Order. It is important to actively resolve any disputes as they develop so that an accord between parties can be reached in a timely manner. This attention by the parties will help to minimize the filing of claims on a project.
• It is advantageous to both the owner and the contractor that potential Change Orders on a project are processed in a fair, equitable, and timely manner. The failure to do so most often results in an increased probability of extended disputes and claims between the owner and the contractor.

Project Partnering: Based on project’s size and complexity, Project Partnering may also be considered:
• Partnering is a relationship between the owner and the contractor, formed in order to effectively complete the contract to the benefit of both parties. Through trust, cooperation and teamwork, the goal is to resolve conflicts at the lowest possible level. • Generally, the costs related to Project Partnering are shared between the owner and the contractor. If formal Project Partnering is desired, it should be specified in the contract specifications. Informal partnering may also be beneficial and does not require contract provisions to be implemented.

PROJECT CONTROLS: Our staff has experience with various document control software systems including Procore, Autodesk ConstructWare (which has now become Construction Cloud), and Primavera P6. In our experience all major control software programs work basically the same way and adapting from one software offering to another has a fairly small learning curve. Because the specific software is generally a choice made by the prime contractor, our staff is ready to partner with any user of any program. That said, not all projects require the ‘fire power’ associated with an expensive, sophisticated control system. Sometimes an intelligently designed filing system that stores basic Word, Excel, PDF, and email documents in the cloud is all a project really needs.

Transtech’s In-house project control procedures and system: Transtech has developed its in-house Project Control Procedures and System, which follows guidelines similar to what is described in Caltrans Local Assistance Procedures Manual (LAPM). Following is the link to Transtech’s Project Control Procedures and System: https://www.dropbox.com/scl/fi/ovqszv2odb0egxp6qdo3f/CIP-Filing-System-Index-v20240212.100- 003.pdf?rlkey=rart96lbt7yif4qka3y5tck1n&dl=0
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PUBLIC OUTREACH: Effective community outreach serves as tool for successful implementation of projects.

Transtech provides an effective and pro-active community outreach approach and informs the community of work activities and impacts in advance. On projects that are more impactive to community, we have implemented additional public outreach tools, such as setting up a project information website.

CONTRACT ADMINISTRATION (CALTRANS LAPM) FOR FEDERALLY FUNDED PROJECTS (PRIMARILY TRANSPORTATION/INFRASTRUCTURE PROJECTS):

For construction contract administration, we follow guidelines similar to described in Caltrans Local Assistance Procedures Manual (LAPM). LAPM has been prepared to aid California local agencies scope, organize, design, construct and maintain their public transportation facilities when they seek Federal Highway Administration (FHWA) funded federal-aid or state funding. This manual describes the processes, procedures, documents, authorizations, approvals and certifications, which are required in order to receive federal-aid and/or state funds for many types of local transportation projects.

CUSTOMER CARE AND RESPONSIVE SERVICE APPROACH:
✓ Our services are founded on the principals of Total Quality Management for Total Customer Care and Satisfaction.
✓ All telephone calls or e-mails received are returned within the same working day, or the following day.

We take pride in our “Same Day Response” motto.
✓ Transtech also provides a 24-hour emergency contact number to its clients. ✓ Customer Care means highest quality customer service. Transtech is committed to providing “Customer Care” to the City, City's patrons, including responding quickly and effectively to the walk-in, telephone, and electronic inquiries of the public related to our services. Responsiveness is an integral part of Transtech’s “Customer Care” service approach.
✓ Our Contract Principal will meet with the Client’s Project Manager frequently for service evaluation and address any areas for improvements.
✓ Responsiveness is an integral part of Transtech’s “customer friendly” service approach. While our service is always on an “as needed” basis, our responsiveness is on “full-time” basis. ✓ Transtech understands the importance of being able to expedite certain projects, when requested, by the City.

4. PROPOSED STAFF
a. Project Manager
Transtech’s Principal Project Manager is OKAN DEMIRCI, PE, QSD, QSP, MBA.

OKAN DEMIRCI, PE, QSD, QSP, MBA, Principal Project Manager Education
• BS in Engineering; MBA
Registrations/Certifications
• Registered Civil Engineer; Caltrans Resident Engineer Academy • QSD/QSP
Highlights
Mr. Demirci has approximately 15 years of experience. Mr. Demirci serves as Assistant Public Works Director, City Engineer, CIP Program Manager at Transtech’s Contract Cities and provides technical and management support. Mr. Demirci completed Caltrans Resident Engineer Academy, very familiar with the management and administration of federally and state funded projects in compliance with Caltrans Local Assistance Procedures Manual (LAPM). Mr. Demirci works as CIP Program Manager at various Transtech’s Contract Cities, and manages various capital improvement programs including state and federal funded programs. Mr. Demirci’s experience also includes working as Resident Engineer, Project Manager and Construction Manager on various projects (including federal and state funded projects). He has a broad knowledge of municipal government operations, including preparation and presentation of staff Transtech Proposal for On Call Engineering Services
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reports/resolutions to city councils, committees and interaction with public, various city departments, city council and other governmental agencies.

Transtech’s Contract Principal is AHMAD ANSARI, PE.

AHMAD ANSARI, PE, Contract Principal
Education
• BS in Engineering, MBA
Registrations/Certifications
• Registered Civil Engineer
Highlights
Mr. Ansari has over 30 years of past experience in City and County Public Works and has worked at several municipalities in Southern California, including: City of Moreno Valley- Public Works Director/City Engineer; City of Rialto- Public Works Director/City Engineer; City of Perris- Public Works Director; City of Pomona- Deputy Public Works Director/Assistant City Engineer. He has managed CIP Programs and Public Works Operations, and served as the responsible in charge of numerous multi-disciplinary teams, including: Capital Improvement Program project management and delivery; Real Property/Right of Way acquisition and management; Traffic and Transportation engineering; Private Development/Entitlement process review and approval; Maintenance and Operations including roads, storm drains, sewers, parks, facilities, traffic signals, signs/striping, fleet; Special Districts, Landscape/Lighting Assessment; Electric Utility b. Project Staff Resumes
RAY CASEY, PE, Sr. Engineer, CIP Program Manager
Education
• BS in Engineering, Construction Management
Registrations/Certifications
• Registered Civil Engineer
Highlights
Mr. Casey has over 35 years of past experience, and has worked at several municipalities in Southern California at executive management level, including City Manager, Public Works Director, City Engineer, CIP Manager, Construction Manager, Land Development Engineer.

His experience working for public agencies includes:
• City of Yucaipa, City Manager
• City of Yucaipa, Public Works Director,
• City of San Bernardino, Dep. Director of Development Services/City Engineer • Isabella County Road Commission, Engineer Manager
• City of Temecula, Principal Engineer Land Development ANNIE BOSTRE-LE, Land Development Engineer
Education
• BS in Engineering
Highlights
Mr. Bostre-Le has over 33 years of progressively responsible experience in land development, stormwater management, development review, and municipal operations. Her experience includes entitlement review, engineering plan checking, development oversight, policy and procedure development, regulatory compliance, budget administration, and implementation of technology solutions that improve operational efficiency. Ms. Bostre-Le has extensive experience working with developers, consultants, contractors, regulatory agencies, elected officials, and community members to successfully move projects forward while protecting the City's interests.

Her experience working for public agencies includes:
• City of Temecula, Stormwater Division Program Manager • City of Temecula, Land Development Process Manager / Associate Engineer II / Special Projects Engineer
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OMAR M. MOHEIZE, PE, Sr. Engineer, CIP Program Manager
Education
• BS in Engineering; MBA
Registrations/Certifications
• Registered Civil Engineer
Highlights
Mr. Moheize has over 35 years of experience in the public sector, including 17 years as the Principal Civil Engineer for the City of Burbank. He is skilled at performing project management, as well as civil engineering, design, and quality construction management services. His industry background includes work on several public works projects, including upgrading traffic signals, road and bridge design, wastewater treatment, potable water treatment, issuing permits, vertical structure building, and redevelopment projects.

Mr. Moheize has built his career as a dedicated public servant, holding positions with the following governmental organizations:
• City of Burbank
• City of Glendale
• City of Poway
• San Diego County
RAYMOND VELASCO, PE, Sr. Engineer
Education
• BS in Engineering
Registrations/Certifications
• Registered Civil Engineer
Highlights
Mr. Velasco has over 25 years of experience in both public and private sectors. He excels in the design, construction, and management of civil engineering and public works projects, such as roadway rehabilitation and widening and citywide concrete repairs, traffic signal improvements, utilities, park, and municipal facilities.

His experience working for public agencies includes:
• Pw Operations Mgr / CIP Mgr, City of Carson
• Principal Civil Engineer, City of Norwalk:
• Senior Civil Engineer, City of Carson:
• Associate Civil Engineer, City of Carson:
• Associate Civil Engineer, City of Seal Beach:

KURNIA ‘MICHAEL’ LOEKMAN, PE, Sr. Engineer, CIP Program Manager Education
• BS in Engineering; MPA
Registrations/Certifications
• Registered Civil Engineer
Highlights
Kurnia Loekman has over 20 years of experience, including working in both the public and private sector. Mr. Loekman has a broad knowledge of municipal government operations, including preparation of staff reports/resolutions, managing other consultants, preparing technical documents including plans, specifications and estimates, and providing CIP project management and construction management services. Loekman’s experience also includes working as Sr.

Consultant Project Manager for Los Angeles County Public Works.

His experience includes:
• City of La Canada Flintridge (under Transtech’s Municipal Engineering Contract):

Worked as CIP Program Manager, managing City’s CIP program, projects from design to construction phases. Worked with multiple contractors and consultants and provided day to day CIP coordination for the City.

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• City of South Gate Public Works Department, Principal Civil Engineer • City of Arcadia Public Works Department, Principal Civil Engineer • CWE, Consultant Senior Project Manager for the Los Angeles County Public Works RUDOLPH RODRIGUEZ, PE, CAPM, QSD/P, Sr. Associate Engineer/Project Manager Education
• BS in Engineering
Registrations/Certifications
• Registered Civil Engineer
• Certified Associate in Project Management (CAPM)
Highlights
Mr. Rodriguez has approximately 5 years of experience. He currently provides support to Transtech’s client cities in City Engineering, Public Works, and Transportation and Traffic Engineering. His experience includes CIP management support, coordination with City Departments, Utility Companies, Caltrans, other Regulatory Agencies, Developers, Consultants, Contractors, and overall management and coordination support for a variety of projects from design through plan review and approvals and construction. .

ROBERT QUINTERO, Sr. Project Manager, Governmental Affairs Manager Education
• BS Urban & Regional Planning
• MBA
Registrations/Certifications
• Licensed General Contractor B
• Certificate Diversity & Inclusion for HR
Highlights
Mr. Quintero has over 25 years of experience in government relations, city administration, city planning, public works and utility coordination. Throughout his career, Mr. Quintero has demonstrated strong leadership, project management, and comprehensive understanding of municipal government operations. He has successfully managed complex projects and engaged with various stakeholders to achieve positive outcomes for the communities he has served. He has a broad knowledge of municipal government operations, including preparation and presentation of staff reports/resolutions to city councils, committees and interaction with public, various city departments, city council and other governmental agencies. At Transtech, Mr. Quintero has also served as contract Interim Public Works Director for Cities and as Project and Program Manager for various projects. He has participated on numerous multi-disciplinary teams dealing with the planning and execution of public works projects. He has served as the Project Manager for the design, construction and management of a variety of projects, including:
• Public Works and Infrastructure; Civic Center/City Hall Expansion; Community Center; Grade Separation
Mr. Quintero’s experience also includes working for a public agency in various capacities, including as Director of Public Services/Public Work Assistant City Administrator. Mr. Quintero also worked at Southern California Edison (SCE) as Director of Government Relations.

MICHAEL ACKERMAN, PE, QSD, QSP, QISP, Sr. Engineer
Education
• BS in Engineering
Registrations/Certifications
• Licensed Civil Engineer
• QSD, QSP, QISP
• RE Academy, Caltrans
Transtech Proposal for On Call Engineering Services
Proposal 19
• Water Pollution Control Compliance on Construction Sites for RE, Caltrans • Construction Program Management Workshop, FHWA
• Field Office Procedures Course, Caltrans
• California Work Zone Inspection – High Speed, Caltrans • Asphalt Concrete Inspection and Rehabilitation Strategies, Caltrans Highlights
Mr. Ackerman has 25 years of experience. At Transtech, he has been working as a Sr. Engineer at various Transtech City Engineering Contracts. He has served at various Cities under Transtech’s City Engineering Contracts, including Temple City, Huntington Park, and Alhambra. He has a broad knowledge of municipal government operations, including preparation and presentation of staff reports/resolutions to city councils, committees and interaction with public, various city departments, city council and other governmental agencies.

Mr. Ackerman’s experience also includes working at Caltrans and other agencies:
o Caltrans District 8: Mr. Ackerman was a civil transportation engineer for Caltrans District 8 where he was involved in the design and construction of various projects. • City of San Bernardino: Mr. Ackerman was involved in various projects, including Development Review and Plan Check, Design and Project Management. • City of Huntington Park: Mr. Ackerman worked as contract City Engineer under Transtech’s municipal services contract and later as City Engineer and Interim Director of Public Works under the City.

AZITA FAKOORBAYAT, PE, Sr. Engineer
Education
• BS in Civil Engineering
Registrations/Certifications
• Licensed Civil Engineer
Highlights
Ms. Fakoorbayat has over 25 years of experience. She has a broad knowledge of municipal government operations, including preparation and presentation of staff reports/resolutions to city councils, committees and interaction with public, various city departments, city council and other governmental agencies.

Recent Experience with Transtech’s contract Cities:

Contract CIP Project Manager, City of Chino: As contract CIP Project Manager, coordinate various CIP projects throughout project design phase, including concrete, asphalt, storm drain, sewer, water, grading, traffic signal, accessibility. Conduct design review, PS&E review, constructability and biddability review, and manage design phase of various CIP projects, and manage and coordinate various CIP projects with various design engineers to ensure project design phases are completed within time and budget, and proceed with construction.

Public Agency Experience:
• Principal Engineer, City of Costa Mesa, CA
• As Principal Engineer, perform a broad range of highly complex and professional • Civil Engineer I, Pierce County Public Works Utilities and Transportation • Services, Design Section, Tacoma, WA
• Assistant City Engineer, City of Sumner, Sumner, WA
Private Consulting Experience:
• Senior Project Manager, Afb Group, Laguna Niguel, Ca
• Senior Project Manager, Berryman & Henigar, Santa Ana, Ca • Project Manager, CNC Engineering, Newport Beach, Ca
• Senior Design Engineer/ Project Manager, Harding Lawson Associates Group Inc., Bellevue, Wa
Transtech Proposal for On Call Engineering Services
Proposal 20
DAVID RAGLAND, PE, PLS, QSD, QSP, QISP, Sr. Engineer/Surveyor Education
• Humboldt State University, CA, Bachelor of Science
Registrations/Certifications
• Licensed Civil Engineer
• Licensed Land Surveyor
• QSD, QSP, QISP
Highlights
Mr. Ragland is a civil engineer and land surveyor has over 30 years of diverse experience in a wide variety of projects in civil engineering. He has managed numerous multi-disciplinary teams dealing with the planning, engineering, entitlement, environmental permitting, development and construction of urban and rural development, and public works projects.

His experience also includes special emphasis on complex grading and hillside developments (has worked on the civil engineering and development of more than 40,000 acres of hillside properties), preparation of due diligence and project feasibility analysis, through conceptual planning and design to entitlement and construction.

CARLOS A. PINEDA, PE, QSD, QSP, LEED, Sr. Engineer
Education
• BS in Civil Engineering,
Registrations/Certifications
• Licensed Civil Engineer
Highlights
Mr. Pineda has over 30 years of experience in civil engineering and project management. He has extensive experience working for both private and public sectors. He has participated on numerous multi-disciplinary teams dealing with the planning and development of civil and traffic engineering, urban and rural development, and public works projects. He has served as Principal Project Manager for a variety of projects. Public works design experience covers a wide variety of projects, including the improvement of major arterials, secondary highways and collectors, flood control and drainage projects, water and waste water projects, ADA retrofit, and safe routes to school projects. He has a good understanding and knowledge of municipal government operations, including preparation and presentation of staff reports/resolutions to city councils, committees and interaction with public, various city departments, city council and other governmental agencies. Private sector design experience covers a wide range of projects including residential master planned communities and “in tract” residential improvements. In-tract residential improvements included the design and construction of domestic and reclaimed water infrastructure to serve the new developments.

JEFFREY KAO, PE, CBO, CASp, ICC Certified Building Official, Plans Examiner and Inspector Education
• MS, BS Civil Engineering, Cal Poly
Registrations/Certifications
• Licensed Civil Engineer
• CASp (Certified Accessibility Specialist)
ICC Certified Building Official, California Building Plans Examiner, CalGreen Inspector, CalGreen Plans Examiner, Mechanical Plans Examiner, Plumbing Plans Examiner, Building Inspector Highlights
Mr. Kao has over 20 years of experience and has been working at Transtech as Deputy Building Official, Senior Plans Examiner, On-Site Over the Counter Plans Examiner and performed plan checks for a variety of residential and commercial projects in Cities of Alhambra, South Pasadena, and Temple City. Mr. Kao has broad knowledge of building and safety operations, including working in the capacity of Deputy Building Official and Plans Examiner. His past experience includes working as a structural engineer for 4 years at a structural design firm.

Transtech Proposal for On Call Engineering Services
Proposal 21
JOE LARA, Construction Manager and Inspector (Field PM/CM/Inspection Support) Education
• Courses in Public Works – Citrus College; Courses in Civil Engineering – Mount San Antonio College
Certifications
• OSHA 30-Hour Construction Safety & Health (License #34-602288731); Metrolink Railroad Safety Trained (License # 1448816); Public Works Certificate Level I; QSP Certification Training; Public Works Construction Inspection; General Engineering A Contractors License (License # 825064)
Highlights
Mr. Lara has approximately 35 years of experience, of which 25 years has been working as the Public Works Inspector for the Orange County Sanitation District and City of Pomona, in the public sector. Mr. Lara led cross functional teams of construction workers and staff to ensure that construction, rehabilitation, and installation aligns with given plans, specifications, contracts, and regulations. His experience includes inspecting all types of public works construction project: roadway construction, pavement rehabilitation, signals, grading, storm drains, sewer mains, concrete structures, sidewalks, and gutters. He also worked on county, state and federal funded projects. He has knowledge of standards and procedures for public agencies, including the Green Book, Caltrans, and has extensive experience in traffic control, safety and OSHA compliance requirements.

Mr. Lara also has experience in inspecting federally funded projects to ensure compliance with the Caltrans Local Assistance Procedures Manual. He also has extensive experience in communicating/working with the public/adjacent property owners, and being proactive in dealing with complaints and comments and minimizing project impacts. As part of his responsibilities as construction management and inspector, Mr. Lara maintains daily inspection reports, field test results, field change orders, extra work requests, and photo logs; collaborates with project engineers and provide technical input on project constructability and efficiency; works with other agency personnel such as city engineers, city inspectors, and project personnel to streamline projects in a safe and effective manner; and respond to concerns or issues regarding district projects in various district wide cities, and implement policies and procedures to maintain the safety of public workers and citizens alike.

KEVIN GREEN, Construction Manager and Inspector (Field PM/CM/Inspection Support) Highlights
• General Construction Practice
• Construction Inspection
• Knowledge of Caltrans Standard Plans, Standard Specifications and Construction Manual • Knowledge and experience with construction oversight
• Experience with SWPPPP and WPC
• Effective communication skills
• Approved and worked on Caltrans, RCTC, and OCTA projects Highlights
Mr. Green has approximately 15 years of experience in public works construction inspection and construction management experience working with agencies including County of Orange, Metro, City of El Monte, Norwalk and Caltrans. He has provided inspection services to various public works projects including pavement resurfacing, drainage, grading, retaining walls, accessibility, sewer, water, storm drain and traffic signals.

Below is a partial list of projects:
• Norwalk Permit Inspector / City Project Inspector
• Santa Anita Active Transportation Cycle 5, City of El Monte • LACMTA – Metro Gold Line Foothill Extension Phase 2a, County of Orange Transtech Proposal for On Call Engineering Services
Proposal 22
• I-710 Freeway & Hobart Yard Bridge Pavement Rehabilitation & Widening Project, County of Orange
• I-91 Freeway State Route Project, County of Orange
• I-22 Freeway And I-57 Freeway Overpass Retrofit Project, County of Orange • I-405 Civil Roadway & Electrical Construction, County of Orange JOSEPH DEPERALTA, PE, QSD, Sr. Engineer
Education
• BS in Civil Engineering
Registrations/Certifications
• Licensed Civil Engineer
Highlights
Mr. Peralta has approximately 30 years of experience. His experience includes working as contract/consultant City Engineer, Plan Checker, Design Engineer for various Cities. His experience includes dealing, coordinating and navigating thru the permitting processes with municipal, county and state level and other governmental agencies, architects and consultant, utility companies, and regional entities, including Caltrans, Water Quality Board, AQMD, US Corps of Engineers, Department of Fish and Game, Union Pacific Railroad and others.

ZIAD Y. MAZBOUDI, PE, QSD, QSP, CPSWQ, CPESC, LEED AP, D.WRE, Sr. Engineer Education
• BS in Civil Engineering
Registrations/Certifications
• Licensed Civil Engineer
• QSD, QSP, CPSWQ, CPESC, LEED AP
Highlights
Mr. Mazboudi has 34 years of progressively responsible, diversified experience in public works, engineering, utilities, development engineering, facilities maintenance, sustainability, environmental programs and project management in both the public and private sector, supported by a strong educational background in civil engineering, geographic information systems, water quality/urban runoff, and environmental programs. His experience includes:
• City of San Clemente - PW Department, Deputy Director/Engineering • City of San Juan Capistrano - PW/Utilities Department, Senior Civil Engineer • City of Westminster - PW Department, Associate Civil Engineer/Development Engineer • City of La Habra - PW Department, Assistant Civil Engineer.

Special International Projects:
• US Green Building Council (www.usgbc.org), Egyptian Green Building Council (EGBC) Represented the US Green Building Council, to assist in the formation of the EGBC. Provided lectures on the role of government in Green Building and on the US Green Building Program, LEED.
• USAID International Development Agency (www.usaid.gov), In partnership with USAID and ICMA Kingdom of Jordan Commercial/Industrial Environmental Audit In partnership with USAID and ICMA, developed a training manual for the audit of commercial and industrial facilities in Jordan. Performed audits in Jordan and provided recommendations to the Minister of the Environment and the Minister of Local Government.

HANI NASR, PMP, Sr. Project and Construction Manager
Education:
• BS, Mechanical Power Engineering; Masters in Engineering Management, Arkansas State University
Registrations/Certifications:

Transtech Proposal for On Call Engineering Services
Proposal 23
• PMP, Project Management Professional
• General Contractor License B
• OSHA 30 & OSHA 10 Certification
• Inspector Certification. B2 Commercial Building
Highlights:

Mr. Nasr is a certified Project Management Professional (PMP) with an extensive background in construction management. He holds a bachelor’s degree in mechanical power engineering and has over 20 years of experience managing multimillion-dollar projects.

With a strong engineering foundation, Mr. Nasr has developed expertise across multiple construction disciplines, including MEP systems, general contracting, and construction estimating. His proficiency in cost estimation and bid preparation has contributed to securing and executing successful projects. His comprehensive knowledge and hands-on experience enable him to lead projects effectively while ensuring strict adherence to budgetary and scheduling requirements.

Mr. Nasr has a proven track record of ensuring projects adhere to stringent quality, safety, and budgetary standards, and applies his demonstrated expertise in project management and stakeholder communication to enhance project outcomes and contribute effectively to a dynamic team environment.

Notable Projects:
• City of Temple City, Construction/Project Manager, City Hall Roof Structural improvements/Upgrades and Replacement ($3.5M)
• San Bernardino Unified School District-SBCUSD F19-01 Prop 39 EEP3 ($4M) • Chaffey Community College (Improvement Project) -( Value: $1 M) • Ontario HS with Chaffey Joint School District- Mechanical Plant- ($2 M) • Irvine Valley College (HVAC & Roofing Replacement for 5 Buildings & Powerhouse) -($ 7M) • MacArthur Hotel (Eleven-Story Historic Building Improvement)- ($100 M) • Oasis International School/UAE – ($ 30 M)
• Drinking Water Plant- Lusaka/ Zambia ($ 1.2 M)
• Multi-Million-Dollar Luxury Homes in Dubai
• Orange HS Gym Renovation ($3M)
• OCTA Bus Station Improvements/ Anaheim ($1M)
• Irvine USD Measure Series 3 Expansion Projects ($1.2M) • Hemet HVAC Replacement Multi Sites (6 Schools / $5M)
• Long Beach Robinson K-8 Academy HVAC LBUSD Rehabilitation ($4M) EARL FRASER, Registered Constr. Inspector, QSP, Sr. Project/Construction Manager/Inspector Education
• BA
Registrations/Certifications
• Registered Construction Inspector by American Construction Inspectors Association; QSP (Construction General Permit Qualified SWPPP Practitioner) Highlights:

Mr. Fraser has approximately 30 years of experience. He is a Registered Construction Inspector by American Construction Inspectors Association. He is also certified as QSP (Construction General Permit Qualified SWPPP Practitioner). His experience includes inspection local roads, pavement rehab, ADA, grading wet and dry utilities. As Sr. Inspector/Construction Manager, he performs a wide variety of tasks to ensure the project progresses on schedule, is in compliance with approved plans and specifications, and effective communication and information flow is maintained with project participants. He has inspected projects that are funded with State and Federal Funds, and is familiar Caltrans LAPM for Contract Administration.

Transtech Proposal for On Call Engineering Services
Proposal 24
JERRY PEREZ, Construction Manager and Inspector (Field PM/CM/Inspection Support) Education:
• BS Degree, Public Administration – Department Honors, University of La Verne; AS Degree, Public Works – Honors, Citrus College
Registrations/Certifications
• Testing Technician Grade I, American Concrete Institute; Certified Public Infrastructure Inspector, American Public Works Association; Collection System Maintenance Grade 4, California Water Environment Association (CWEA); Environmental Compliance Inspector Grade 4, California Water Environment Association (CWEA); Water Distribution Operator D2, Department of Health Services; Water Treatment Operator T1, Department of Health Services; C-8 Concrete License, California
Highlights
Mr. Perez has over 30 years of experience in managing and inspecting public works infrastructure construction projects. Mr. Perez is very experienced in construction and rehabilitation of streets, concrete construction, wet and dry utilities, encroachment permit projects and operational budgets. Mr. Perez has extensive experience in leading cross functional teams of public works staff to ensure that underground construction, rehabilitation, and installation aligns with given plans, specifications, contracts and regulations. He also has extensive experience in communicating/working with the public/adjacent property owners, and being proactive in dealing with complaints and comments and minimizing project impacts. Prior to joining Transtech, Mr. Perez worked in the public sector in various public works capacities, including:
• Public Works Inspector II, City of Jurupa Valley
• Streets and Solid Waste Services Manager, City of Pomona • Public Works Manager, City of Fontana
• Streets and Solid Waste Services Manager, City of Pomona • Utilities Supervisor, City of Fontana
• Streets Supervisor, City of Chino
• Streets Crew Chief, City of Arcadia
ROBERT MINES, Construction Manager and Inspector (Field PM/CM/Inspection Support) Education
• UCLA, Certificate in Construction Management; Ventura College, Psychology Highlights
Mines has approximately 35 years of experience in general engineering/public works and building construction projects. He has worked in the capacity of project superintendent, project inspector and construction manager. In these capacities, he has been involved in a wide variety of private and public works construction projects in general engineering/public works.

Mr. Mines has worked as construction management and project inspector for a number of agencies including LA Metro, City of LA Public Works, City of LA Airports and City of LA Water and Power. His experience includes all types of public works improvements including pavement rehabilitation (asphalt and concrete), water, sewer, storm drain, traffic signals, striping, grading, utilities. Mr. Mines has knowledge of standards and procedures for public agencies, including the Green Book, Caltrans, and has extensive experience in traffic control, safety and OSHA compliance requirements.

He has knowledge of standards and procedures for public agencies, including the Green Book, Caltrans, and has extensive experience in traffic control, safety and OSHA compliance requirements. Mr. Hirsh also has experience in inspecting federally funded projects to ensure compliance with the Caltrans LAPM.

Prior to joining Transtech, Mr. Mines worked for the City of Los Angles Public Works Department, Transtech Proposal for On Call Engineering Services
Proposal 25
and for City of Los Angeles Water and Power for approx. 30 years.

JEFFREY HIRSH, Sr. Project/Construction Manager/Inspector Education
• SDSU, College Level Classes
Registrations/Certifications
• Cal OSHA 10-hour construction certified; Construction Site Storm Water Training Highlights:

Mr. Hirsh has approximately 25 years of experience in general engineering/public works and building construction projects. He has worked in the capacity of foreman, site superintendent and project manager. In these capacities, he has been involved in a wide variety of private and public works construction projects in Type A (General Engineering) and Type B (Building) construction. He has knowledge of standards and procedures for public agencies, including the Green Book, Caltrans, and has extensive experience in traffic control, safety and OSHA compliance requirements. Mr. Hirsh also has experience in inspecting federally funded projects to ensure compliance with the Caltrans LAPM.

Jeffrey’s prior experience includes: 2013-214, PSBI Parking Structure Construction: Sr.

Superintendent; 1995-2013, Harwood Homes, Inc. Managed 35 Development Projects; 1992- 1995, Overland Company: Site Superintendent – SFR Tract Home Development; 1985-1992, Cambridge Development: Site Superintendent/Assistant Superintendent CRAIG M. WHEELER, Sr. Project/Construction Manager/Inspector Education
• BA
Registrations/Certifications
• NASSCO-Certified Inspector (Pipeline, Lateral and Manhole Assessments); Licensed A General Eng. Contractor
Highlights:

Mr. Wheeler has more than 30 years of experience in engineering and construction in both the public and private sectors. He has provided project management and inspection services on a wide variety of public works projects. His experience includes pavement rehab, ADA, sidewalk, curb&gutter, grading, wet and dry utilities, roadway reconstruction and resurfacing, bridge construction and rehabilitation, water and sewer lines, RCP or RCB storm drains, pump stations, booster pump stations, street lights, traffic signals-new and upgrade/modifications, parks, parking lots, structures and other related types of projects. As a project manager and construction inspector, Mr. Wheeler’s responsibilities include site observation and construction quality assurance and control, ensuring general site safety, preparing daily reports, photo documentation, monitoring SWPPP and BMP implementation, providing daily updates to the City project manager, providing recommendations and responses for contractor RFIs, assisting with submittal and shop drawing reviews, tracking quantities, and conducting progress payment reviews. He has inspected projects that are funded with State and Federal Funds and is familiar Caltrans LAPM for Contract Administration.

KEITH A. WYATT, Sr. Project/Construction Manager/Inspector Education
• BA, UC Irvine, CA
Registrations/Certifications
• Union Carpenter Apprenticeship School; 10-Hr, 30-Hr. OSHA; SWPPP Certified; FEMA Training:

IS-3, IS-100.PWb, IS-200.b, IS-325, IS-552, IS-556, IS-700.a, IS-800.a, IS-803, IS-806, IS-809, IS-907; ICC: Building, Electrical, Mechanical, Plumbing
Highlights:

Mr. Wyatt has approximately 25 years of experience in the construction field in building and Transtech Proposal for On Call Engineering Services
Proposal 26
engineering/public works projects. He has worked in the capacity of superintended, project manager and construction manager for consulting firms, as well as construction companies.

In these capacities, he has been involved in a wide variety of private and public works construction projects in Type A (General Engineering) and Type B (Building). The projects include, but not limited to, construction of new buildings, seismic upgrades, ADA upgrades, TI improvements, site development, roads, parking facilities, utilities, etc. The type of buildings includes community centers, schools, hospitals, warehouses, distribution centers, and various other projects. He managed projects which involved Local Agencies; CA Department of General Services (DGS); CA Department of State Hospitals (DSH); CA Division of the State Architect (DGS); CA Office of Statewide Health Planning and Development (OSHPD).

ROBERT GARCIA, Inspector
Education
• California State University, Los Angeles, Continuing Education/Public Works Construction Inspection Course; California State University, Sacramento, Water Program/Operation and Maintenance of Wastewater Collection Systems
Highlights
Mr. Garcia has approximately 30 years of experience, of which 20 years has been working as the City Public Works Inspector for the City of Palmdale. His experience includes inspecting of all types of public works construction project: roadway construction, pavement rehabilitation, signals, grading, storm drains, sewer mains, concrete structures, sidewalks, and gutters. He also worked on county, state and federal funded projects. Mr. Garcia provided public works inspection services to the following Transtech client Cities: City of Hesperia, Public Works Inspector; City of Commerce, Public Works Inspector.

CLEMENTE ELIZALDE, Traffic Signal Inspector
Education
• San Bernardino Valley College, with a Major in Radio/Television, Communications and Electronics
• Chaffey College, with a major In Industrial Electricity, Motor starters and Operational amplifiers
Registrations/Certifications
• Certified International Municipal Signal Association “IMSA” level III Technician Highlights
Mr. Elizalde has over 30 years of experience in Traffic Signal Systems inspection, maintenance and installation.

City of San Bernardino, 1985 to 2018, Traffic Signal Maintenance Department, various positions:
• Street Lighting Electrician; Traffic Signal Technician II; Traffic Signals Technician III; LeadPerson for Traffic Signals, Street Lighting and Signs; Street Signal/Lighting and Signs Supervisor DUANE THAN TUT, Inspector
Education
• BSLA, University of California at Davis
Registrations/Certifications
• American Society of Landscape Architects (ASLA)
• QWEL
Highlights
Mr. Tut has approximately 25 years of experience. His experience includes working as, Project Manager and Construction Manager on various projects (including regional and international projects) from project inception to closeout. He has prepared from Concept to Construction Administration for public parks throughout California. Highlighted projects are:
• Primrose Park, Temple City, CA. Cost: $2m; Los Angeles Mission College Baseball and Softball Fields, CA; Streetscape for City of Lomita, CA; North Verdugo Park, Glendale, CA; Pacific Transtech Proposal for On Call Engineering Services
Proposal 27
Park, Glendale, CA; Santiago Park, Santa Ana, CA: Cost: $3m; Lions Park, Costa Mesa: Cost:
$1m; Brio Park & Oeste Splash Pads, City of La Habra, CA; Concept for Norm Ross Sports Complex, City of Stanton, CA for Prop 68 funding City CIP program including managing consultant contracts.

JAMES PAGANI, DSA Certified Accessibility Specialist, CHST, Inspector Education
• BA, Goucher College
Registrations/Certifications
• BCSP Constr. Health and Safety Technician; CalOES SAP Evaluator; DSA Certified Accessibility Specialist; FEMA Training: IS-3, IS-100.PWb, IS-200.b, IS-325, IS-552, IS-556, IS-700.a, IS-800.a, IS803, IS-806, IS-809, IS-907; ICC: Building, Electrical, Mechanical, Plumbing; OSHA 30 Hour Trained
Highlights
Mr. Pagani has approximately 15 years of experience in public works construction management and inspection. Mr. Pagani has thorough knowledge and understanding of construction both on the jobsite and in the office, experience working with the various trades, designers, and managers of many different types of projects. Examples of his project experience as Public Works Inspector/Construction Manager includes: City of Rialto, Public Works Encroachment Permit Inspections; City of South El Monte, Public Works Encroachment Permit Inspections; Primrose Park Improvements, City of Temple City; FY 20/21 Pavement Rehab, City of West Covina; Previous Experience -Koury Engineering, Combination Inspector.

BRIAN CERVANTES, EIT, MBA, Associate Eng., Project Management, Inspection, Permits Office Engineer
Education
• BS Civil Engineering, Cal Poly Pomona, MBA
Highlights
Mr. Cervantes has approximately 6 years of experience in Public Works Engineering, and Transportation and Traffic Engineering. He works in the Public Works Department/City Engineering at Transtech’s client Cities assisting City Engineers and Public Works Directors. He also serves as Office Engineer on construction projects and assists Resident Engineers and Construction Managers with contract administration, document control, contract compliance.

ANTONIO GUIRADO, EIT, Associate Engineer
Education
• BS in Civil Engineering, CalPoly
Registrations/Certifications
• EIT
Highlights
Mr. Guirado has 3 years of experience. Mr. Guirado assists the Public Works permit counter in permit issuance and inspections for Transtech’s client cities. He also assists Traffic Engineers with technical report writing, diagram and conceptual plan preparation, field data collection for traffic investigations, and other daily traffic related tasks.

Transtech Proposal for On Call Engineering Services
Proposal 28

5. REFERENCES

CITY OF SOUTH EL MONTE
Services Provided: City Engineer, City Traffic Engineer, City Building Official, Plan Check, Inspection, CIP Management, Construction Management, Grant Writing and Administration, General Engineering
Service Duration: Started in 2018 – Ongoing Service
Contact: Rene Salas, City Manager; T: Phone: 626-579-6540; E: [email protected]

CITY OF ROSEMEAD
Services Provided: City Engineer, City Traffic Engineer, City Building Official, Plan Check, Inspection, CIP Management, Construction Management, Grant Writing and Administration, General Engineering
Service Duration: Started in 2022 – Ongoing Service
Contact: Ben Kim, City Manager; T: Ben Kim, City Manager; E: [email protected]

CITY OF ALHAMBRA
Services Provided: City Engineer, City Traffic Engineer, City Building Official, Plan Check, Inspection, CIP Management, Construction Management, Grant Writing and Administration, General Engineering
Service Duration: Started in 1993 – Ongoing Service
Contact: Lucy Garcia, Assistant City Manager; T: 626-570-3257; E: [email protected]

CITY OF MONTEREY PARK
Services Provided: City Engineer, City Traffic Engineer, City Building Official, Plan Check, Inspection, CIP Management, Construction Management, Grant Writing and Administration, General Engineering
Service Duration: Started in 2013 – Ongoing Service
Contact: Shawn Igoe, Director of Public Works; T: 626-307-1320 ; E: [email protected]

CITY OF COMMERCE
Services Provided: City Engineer, City Traffic Engineer, City Building Official, Plan Check, Inspection, CIP Management, Construction Management, Grant Writing and Administration, General Engineering
Service Duration: Started in 2015 – Ongoing Service
Contact: Ernie Hernandez, City Manager; T: 323-722-4805; E: [email protected] Transtech Proposal for On Call Engineering Services
Proposal 29
Transtech Proposal for On Call Engineering Services
Proposal 30
Transtech Proposal for On Call Engineering Services
Proposal 31
Transtech Proposal for On Call Engineering Services
Proposal 32
Transtech Proposal for On Call Engineering Services
Proposal 33
Transtech Proposal for On Call Engineering Services
Proposal 34

6. FEE
TRANSTECH ENGINEERS, INC.

SCHEDULE OF HOURLY RATES
Effective: July 1, 2026 - June 30, 2027
Rates are average ranges, negotiable and can be adjusted to establish a fee for each assignment based on the specific project’s scope, when such projects are identified by the City.

ENGINEERING CONSTRUCTION MANAGEMENT
Field Technician $93 - $104 Labor Compliance Analyst $159 - $170 Engineering Technician $104 - $116 Funds Coordinator $165 - $176 Assistant CAD Drafter $116 - $132 Office Engineer $159 - $170 Senior CAD Drafter $132 - $148 Construction Inspector $154 - $165 Associate Designer $148 - $165 Senior Construction Inspector $165 - $176 Senior Designer $165 - $181 Construction Manager $187 - $203 Design Project Manager $209 - $219 Resident Engineer $203 - $219 Assistant Engineer $126 - $137 PUBLIC WORKS INSPECTION
Associate / Staff Engineer $159 - $176 Public Works Inspector $154 - $165 Senior Civil Engineer $219 - $242 Senior Public Works Inspector $165 - $176 Traffic Analyst Technician $110 - $121 Supervising PW Inspector $176 - $187 Associate Traffic Analyst $165 - $176 SURVEY AND MAPPING Senior Traffic Analyst $176 - $187 Survey Analyst $165 - $170 Professional Transportation Planner $187 - $203 Senior Survey Analyst $170 - $176 Traffic Engineer Technician $104 - $116 2-Man Survey Crew $379 - $396 Associate/Staff Traffic Engineer $159 - $176 Survey & Mapping Specialist $203 - $220 Traffic Engineer $187 - $203 Licensed Land Surveyor $231 - $242 Senior Traffic Engineer $203 - $225 FUNDING & GRANT WRITING Project Manager $203 - $225 Funds Analyst $159 - $165
Senior Project Manager $225 - $242 Senior Funds Analyst $165 - $176 Deputy City Engineer $187 - $209 Grant Writer $181 - $187 City Engineer $209 - $225 Funds & Grant Project Manager $203 - $214 Principal Engineer $225 - $247 PLANNING
BUILDING & SAFETY Community Development Technician $88 - $99 Permit Technician $82 - $93 Planning Technician $99 - $110 Plan Check Technician/Analyst/Supervisor $137 - $154 Assistant Planner $110 - $132 Building Inspector $126 - $143 Associate Planner $132 - $154 Senior Inspector $137 - $154 Senior Planner $159 - $181 Plans Examiner/Checker $154 - $170 Planning Manager $187 - $209 Plan Check Engineer $165 - $187 ADMINISTRATIVE STAFF
Deputy Building Official $176 - $187 Administrative/Clerical $77 - $88 Building Official $181 - $198 Project Accountant $88 - $99 The fees are adjusted annually on July 1st by the percentage change in the Local Area Consumer Price Index for All Urban Consumers (CPIU) for the preceding twelve-month period, as calculated by the U.S. Department of Labor, Bureau of Labor Statistics, and published by the Bureau of Labor Statistics.

Transtech Engineers - Annual Professional Services AgreementPage 1

AGREEMENT FOR PROFESSIONAL SERVICES
Transtech Engineers, Inc.

On-Call CIP Engineer, Project Manager, and Inspector
This Agreement for Professional Services (the “Agreement”) is made and entered into as of December 9, 2025, by and between the City of Lake Elsinore, a municipal corporation (‘‘City") and Transtech Engineers, Inc., a Corporation ("Consultant").

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

Professional Services Agreement for On-Call CIP Engineer, Project Manager, and Inspector.

B. Consultant has submitted to City a proposal, dated November 21, 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). City recognizes that Consultant’s performance of the services may be delayed due to causes beyond the control and without the fault or negligence of the Consultant, including, but not restricted to, acts of God or of the public enemy, unusually severe weather, fires, earthquakes, floods, epidemics, quarantine restrictions, riots, strikes, freight embargoes, wars, litigation, and/or acts of any governmental agency, including City, and City agrees to an appropriate extension of the performance schedule if Consultant, within ten (10) days of the discovery of such delay, notifies City in writing of such delay. 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 Docusign Envelope ID: 14A403AF-4F77-4EE4-ACF3-D103887BB5FE