Agenda packet — Los Altos Hills City Council, May 14, 2026 (part 1 of 7)

1 City Council Regular Meeting Agenda
May 14, 2026
Revision No. 2 - May 11, 2026

NOTICE IS HEREBY GIVEN THAT A REGULAR MEETING OF THE

LOS ALTOS HILLS CITY COUNCIL WILL BE HELD ON
THURSDAY, MAY 14, 2026, AT 5:30 P.M.

Meetings of the City Council are held in-person. As a courtesy, and in compliance with applicable state law, staff and members of the public may participate in the meeting in person at Town Hall or virtually via Zoom Video Conference. Members of the City Council may participate remotely from time to time in accordance with the provisions of Government Code section 54953.

To attend the meeting in person:

City Council Chambers, 26379 Fremont Road, Los Altos Hills, CA 94022 To provide Public Comment in person:

Members of the public wishing to speak are requested to complete a speaker card and submit it to the City Clerk at the meeting.

To participate in the meeting via Zoom Video Conference, please follow the instructions below:

Public comment will also be accepted via email at [email protected] prior to the start of the meeting. Written comments will be posted on the website and distributed to the Council. If you choose to email your comments, please indicate in the subject line “FOR PUBLIC COMMENT” and indicate the item number.

If you wish to submit a public comment during the meeting, please use the following information. Before speaking, please identify yourself by name and where you reside. The City Council meeting will be live streamed on the Town’s website and via zoom at the following location:
https://bit.ly/LAHRegularCityCouncilMtg
Meeting ID: 880 1278 9215
Password: 94022

NOTICE TO PUBLIC
Any writings or documents provided to a majority of the City Council regarding any item on the open session portion of this agenda will be made available for public inspection in the City Clerk’s office located at 26379 Fremont Road, Los Altos Hills, California during normal business hours. These materials will also be made available on the City website at www.losaltoshills.ca.gov subject to Staff’s ability to post the documents before the meeting.

Town of Los Altos Hills
City Council Regular Meeting Agenda
Thursday, May 14, 2026 at 5:30 PM
Council Chambers, 26379 Fremont Road
Los Altos Hills, California

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2 City Council Regular Meeting Agenda
May 14, 2026
CALL TO ORDER (5:30 P.M.)

ROLL CALL

1. PRESENTATION FROM THE FLOOR
Persons wishing to address the Council on any subject not on the agenda may do so now.

Please complete a Speaker Card located on the back table of the Council Chambers and submit it to the City Clerk. Comments are limited to two (2) minutes per speaker. California law prohibits the Council from acting on items that do not appear on the agenda. Under a Resolution previously adopted by the Council, such items can be referred to staff for appropriate action, which may include placement on the next available agenda. Speakers and members of the audience are reminded that public comments must comply with the Town’s Rules of Decorum. Profane language or disruptive conduct is prohibited under Los Altos Hills Municipal Code Sections 2-1.115(c) and (d).

2. CLOSED SESSION
A. Conference with Legal Counsel – Existing Litigation
(Pursuant to Government Code Section 54956.9(d)(1))
Grady v. Town of Los Altos Hills, Santa Clara Sup. Ct. Case No. 25CV457402

3. REPORT OUT OF CLOSED SESSION

CALL TO ORDER

ROLL CALL

PLEDGE OF ALLEGIANCE

1. AGENDA REVIEW

2. PRESENTATIONS AND APPOINTMENTS
A. Proclamation Recognizing Asian Americans and Pacific Islander Month (Council Member Mok)
B. Proclamation Recognizing May 2026 as Building Safety Month (Mayor Bhateja)

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3 City Council Regular Meeting Agenda
May 14, 2026
C. Proclamation Recognizing Affordable Housing Month (Mayor Bhateja) D. Proclamation Recognizing National Public Works Week May 17-23, 2026 (Staff:

W. Kim)
E. Presentation from the Pathway Committee on the 2 options for the DeAnza Trail (Pathway Committee Chair Nick Erndt)
F. Reappointment to the Los Altos Hills Environmental Initiative Committee (EIC) - Mike Salameh (Staff: A. Miller)
G. Reappointment to the Los Altos Hills Environmental Design and Protection Committee (EDPC) - Grace Tsang (Staff: A. Miller)
H. Reappointment (3) to the Los Altos Hills Emergency Preparedness and Response Committee (EPRC) — Amita Sachdeva, Dave Stewart, and Terry Kearney (Staff:

A. Miller)

3. PRESENTATIONS FROM THE FLOOR
Persons wishing to address the Council on any subject not on the agenda may do so now. Please complete a Speaker Card located on the back table of the Council Chambers and submit it to the City Clerk. Comments are limited to two (2) minutes per speaker. California law prohibits the Council from acting on items that do not appear on the agenda. Under a Resolution previously adopted by the Council, such items can be referred to staff for appropriate action, which may include placement on the next available agenda. Speakers and members of the audience are reminded that public comments must comply with the Town’s Rules of Decorum. Profane language or disruptive conduct is prohibited under Los Altos Hills Municipal Code Sections 2-1.115(c) and (d).

4. INFORMATIONAL ITEMS (ITEMS ARE FOR INFORMATIONAL PURPOSES ONLY)
A. Treasurer's Report (Staff: T. Leung)
B. Disbursement Report (Staff: T. Leung)
C. Quarterly Investment Report (Staff: T. Leung)

5. CONSENT CALENDAR
A. Approval of the April 10, 2026 Special City Council Meeting Minutes (Staff: A.

Miller)

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4 City Council Regular Meeting Agenda
May 14, 2026
B. Approval of the April 16, 2026 Special City Council Meeting Minutes (Staff: A.

Miller)
C. Approval of the April 16, 2026 Regular City Council Meeting Minutes (Staff: A.

Miller)
D. Approval of the April 17, 2026 Special City Council Meeting Minutes (Staff: A.

Miller)
E. Approval of the April 29, 2026 Special City Council Meeting Minutes (Staff: A.

Miller)
F. Resolution Directing that the Pride Flag be Raised for the Month of June 2026 (Staff: J. Parcutilo)
G. Waive Reading and Adopt an Ordinance Amending Title 2, Chapter 1 “Councilmember Salaries” of the Los Altos Hills Municipal Code to Increase the Councilmembers’ Salaries to Nine Hundred Fifty Dollars a Month (Staff: J.

Parcutilo)
H. Waive Reading and Adopt an Ordinance Amending Title 10 (Zoning And Site Development) of the Los Altos Hills Municipal Code to Establish Reasonable Accommodation Procedures for Land Use and Zoning Decisions Consistent With Housing Element Program B-9 (Staff: J. Bradford)
I. Waive Reading and Adopt an Ordinance Amending Article 16 (Multifamily Development Standards) of Chapter 1 (Zoning) of Title 10 (Zoning And Site Development) of the Los Altos Hills Municipal Code to Revise Multifamily Development Standards (Staff: J. Bradford)
J. Resolution Amending the Employee Handbook to Establish a July 1 Cost of Living Adjustment (COLA) Schedule (Staff: T. Leung)
K. Resolution Approving Capital Budget Reallocations of $42,567 of Pathway Fund from the Summerhill Pathway and $45,136 of Transportation Development Act Article 3 Fund from the Miscellaneous Pathways to the Magdalena Road Pathway Project; Approving the Plans and Specifications for the Magdalena Road Pathway Project; and Authorizing Staff to Advertise the Project for Formal Bid (Staff: W.

Kim)

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5 City Council Regular Meeting Agenda
May 14, 2026
L. Resolution Approving the FY27 Project List for Annual Pavement Rehabilitation and Drainage Improvement to be Funded by State Senate Bill 1, the Road Repair and Accountability Act of 2017 (Staff: W. Kim)
M. Resolution Requesting the Santa Clara County Tax Collector to Collect Delinquent Sewer Charges and the FY27 Sewer Service Charges for Both the Palo Alto and Los Altos Sewer Basins (Staff: D. Liang)
N. Resolution Awarding a Construction Contract for the 2026 Sanitary Sewer Repair and Replacement Project to Casey Construction, Inc., the Lowest Responsible and Responsive Bidder, for an Amount of $410,365, and Authorizing the City Manager to Execute the Construction Contract; and Approving Project Contingency Funds of $82,073, and Authorizing the Public Works Director to Approve Potential Contract Change Orders within the Said Funds (Staff: D. Liang)
O. Resolution Accepting Dedication of Right-of-Way Easement (Lands of Rothkopf); 23503 Ravensbury Avenue (Staff: W. Kim)
P. Resolution Approving the City Manager Employment Agreement between the Town of Los Altos Hills and Cody Einfalt (Staff: S. Mattas) Q. Resolution Authorizing the City Manager to Execute a Contract with Selectron Technologies, Inc. to Purchase an Automatic Notification and Online Inspection Scheduling Software for a Total Purchase Price of $100,000 (Staff: J. Bradford)

6. ONGOING BUSINESS

7. PUBLIC HEARINGS
 City Council Ex Parte Contacts Policy Disclosure
A. Consideration and Direction on a Draft Initiative Measure Regarding the "Green Sheets" Land Use Principles (Staff: S. Mattas)

8. NEW BUSINESS
A. Receive the Cost Allocation Plan and Development Services Fee Study and Approve a Resolution Adopting the Town of Los Altos Hills Master Fee Schedule and Local Building Valuation Multiplier (Staff: J. Bradford and T. Leung) B. Emergency Preparedness Response Committee Request for Reconsideration of Support for AB2517 (Staff: J. Bradford)

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6 City Council Regular Meeting Agenda
May 14, 2026
C. Consideration of a Resolution of the City Council of the Town of Los Altos Hills Calling a Municipal Election to be held on Tuesday, November 3, 2026, and Requesting Consolidation and Performance of Services from the County of Santa Clara Registrar of Voters (Staff: A. Miller)
D. Resolution Approving a Three-Year Concessionaire Agreement with Victoria Dye Equestrian, LLC for the Operation of Westwind Community Barn (Staff: J.

Parcutilo)

9. REPORTS FROM COMMITTEES, SUB-COMMITTEES, AND

COUNCILMEMBERS ON OUTSIDE AGENCIES
A. Formal Closure of Completed Ad Hoc Committees (Staff: C. Einfalt) B. Alternate Sites Ad Hoc Committee Discussion on how to Approach Applications for Potential Multi-Family Sites (Mayor Bhateja and Vice Mayor Tyson)

10. STAFF REPORTS
A. City Attorney
B. City Clerk
C. Planning Director
D. Finance Director
E. Public Works Director
F. City Manager

11. COUNCIL INITIATED ITEMS
A. Consideration to Implement Code Enforcement Fines and Charges for Service in the Town (Mayor Bhateja)

12. ADJOURN
Pursuant to Ordinance No. 506, the Council Meeting shall adjourn no later than 10:00 p.m., unless otherwise approved by a majority of the Councilmembers present.

ASSISTANCE FOR PERSONS WITH DISABILITIES
In compliance with the Americans with Disabilities Act, if you need special assistance to participate in the meeting, please contact the City Clerk at 650-941-7222. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting.

Copies of all agenda reports and supporting data are available for inspection at Town Hall, 26379 Fremont Road and the Los Altos Main Library 72 hours in advance of the meeting. A complete agenda can be found

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7 City Council Regular Meeting Agenda
May 14, 2026
on the Town’s webpage: http://www.losaltoshills.ca.gov. A complete packet of information is available for inspection during the meeting at the table to the back of the Council Chambers.

The Council may take action on any agendized matter in any manner deemed appropriate by Council.

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Town of Los Altos Hills
Proclamation
Recognizing May 2026, as Asian American and Pacific Islander Heritage Month WHEREAS, Asian American Pacific Islander Heritage Month, is a time to reflect and celebrate the important role that Asian Americans, Native Hawaiians and Pacific Islanders have played in our shared history; and
WHEREAS, California is home to more than 7 million individuals of Asian or Pacific Islander descent, and Asian Americans and Pacific Islanders hold the fastest population growth rate among all racial and ethnic groups in our country; and
WHEREAS, the AAPI community has a long and rich history in California, migrating during the Gold Rush era and planting their roots in the San Francisco Bay Area ever since, brave immigrants who, motivated by the promise of possibilities, picked up their lives and built new communities; and
WHEREAS, we must recognize that throughout history AAPI communities have been the target of violence, disenfranchisement, and other xenophobic policies such as the 1882 Chinese Exclusion Act, the internment of Japanese Americans and the “alien ineligible for citizenship” status imposed on Asian immigrants into the 1950s and 1960s – all of which have been systemic and wrongful violations of their rights; and
WHEREAS, the perseverance, hope and hard work of the APPI community as educators and entrepreneurs, athletes and artists, scientists and entertainers, public officials and activists, labor and community leaders, diplomats and military service members, and more, have enriched our communities through their ingenuity and creativity while navigating significant cultural and systemic barriers; and
WHEREAS, despite the immeasurable ways Asian American and Pacific Islanders enrich this country, we continue to see persistent racism, harassment, and hate crimes that have left too many families afraid to leave their homes and too many loved ones traumatized; and WHEREAS, we must all confront past and present racism and fight for the safety and inclusion of our APPI friends and neighbors and acknowledge that AAPI communities are an invaluable part of the rich fabric of our communities at large; and NOW THEREFORE, I, Rajiv Bhateja, mayor of the Town of Los Altos Hills, do hereby proclaim the month of May 2026 as Asian American and Pacific Islander Month and caused the Seal of the Town (to be affixed) this 14th day of May 2026.

Recognizing May 2026, as Asian American and Pacific Islander Heritage Month

In witness thereof, we have hereunto set our hand and caused the seal of the Town of Los Altos Hills to be affixed this 14th day of May 2026.

Rajiv Bhateja, Mayor Stanley Mok, Councilmember

George Tyson, Vice Mayor Linda Swan, Councilmember

Kavita Tankha, Councilmember

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Town of Los Altos Hills
Proclamation
Recognizing May 2026, as Building Safety Month
WHEREAS, our Town is committed to recognizing that our growth and strength depends on the safety and essential role our homes, buildings and infrastructure play, both in everyday life and when disasters strike, and;
WHEREAS, our confidence in the resilience of these buildings that make up our community is achieved through the devotion of vigilant guardians–building safety and fire prevention officials, architects, engineers, builders, tradespeople, design professionals ,laborers, plumbers and others in the construction industry–who work year-round to ensure the safe construction of buildings and;
WHEREAS, these guardians are dedicated members of the International Code Council (ICC), a nonprofit that brings together local, state, territorial, tribal and federal officials who are experts in the built environment to create and implement the highest quality codes and standards to protect us in the buildings where we live, learn, work and play, and; WHEREAS, these modern building codes and standards include safeguards to protect the public from hazards such as hurricanes, snowstorms, tornadoes, wildland fires, floods and earthquakes, and;
WHEREAS, Building Safety Month is sponsored by ICC to remind the public about the critical role of our communities’ largely unknown protectors of public safety–our code officials– who assure us of safe, sustainable and affordable buildings that are essential to our prosperity, and; WHEREAS, “Built to Last,” the theme for Building Safety Month 2026, encourages us all to get involved and raise awareness about building safety on a personal, local and global scale, and; WHEREAS, each year, in observance of Building Safety Month, people all over the world are asked to consider the commitment to improve building safety, resilience and economic investment at home and in the community, and to acknowledge the essential service provided to all of us by local, state, tribal, territorial, and federal building safety and fire prevention departments, in protecting lives and property.

NOW THEREFORE, I, Rajiv Bhateja, mayor of the Town of Los Altos Hills, do hereby proclaim the month of May 2026 as Building Safety Month and caused the Seal of the Town (to be affixed) this 14th day of May 2026.

Recognizing May 2026 as Building Safety Month

In witness thereof, we have hereunto set our hand and caused the seal of the Town of Los Altos Hills to be affixed this 14th day of May 2026.

Rajiv Bhateja, Mayor Stanley Mok, Councilmember

George Tyson, Vice Mayor Linda Swan, Councilmember

Kavita Tankha, Councilmember

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Town of Los Altos Hills
Proclamation
Declaring May 2026, as Affordable Housing Month
WHEREAS, Alta Housing has demonstrated a longstanding commitment to expanding access to safe, stable, and affordable housing opportunities throughout Santa Clara County through the development, preservation, and stewardship of high-quality affordable housing communities serving lower-income households, seniors, individuals, and families; and WHEREAS, Alta Housing has worked for decades to provide housing opportunities that promote housing stability, economic opportunity, and inclusive communities throughout the region; and
WHEREAS, Alta Housing’s CEO, Randy Tsuda, has provided leadership and advocacy in support of affordable housing initiatives and regional collaboration efforts aimed at addressing California’s housing challenges in a thoughtful and community focused manner; and WHEREAS, Alta Housing’s CEO, Randy Tsuda, has supported jurisdictions throughout the region, including the Town of Los Altos Hills, in advancing affordable housing opportunities and implementation of state housing requirements through collaboration, education, and constructive partnership; and
WHEREAS, the Town of Los Altos Hills has undertaken significant efforts to implement its Sixth Cycle Housing Element, including the adoption of multifamily housing zoning regulations and objective development standards intended to facilitate additional housing opportunities, including affordable housing; and
WHEREAS, the Town continues to advance housing policies and programs intended to expand housing opportunities for lower-income households, seniors, workers, and families while maintaining thoughtful planning and community stewardship; and WHEREAS, Affordable Housing Month provides an opportunity to recognize the importance of housing affordability, celebrate progress made toward addressing housing needs, and acknowledge the organizations, advocates, and community partners working to expand housing opportunities throughout the region;
NOW, THEREFORE, BE IT RESOLVED, that the Town Council of the Town of Los Altos Hills hereby proclaims May 2026 as “Affordable Housing Month” in the Town of Los Altos Hills and extends its appreciation to Alta Housing, Randy Tsuda, and all organizations and individuals working to expand affordable housing opportunities throughout the region.

Declaring May 2026, as Affordable Housing Month

In witness thereof, we have hereunto set our hand and caused the seal of the Town of Los Altos Hills to be affixed this 14th day of May 2026.

Rajiv Bhateja, Mayor Stanley Mok, Councilmember

George Tyson, Vice Mayor Linda Swan, Councilmember

Kavita Tankha, Councilmember

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Town of Los Altos Hills
Proclamation
Recognizing May 17-23, 2026, as National Public Works Week “Rooted in Service, Powered by Community”
WHEREAS, public works professionals focus on infrastructure, facilities, and services that are of vital importance to sustainable and resilient communities and to public health, high quality of life, and well-being of the people of the Town of Los Altos Hills and, WHEREAS, these infrastructure, facilities, and services could not be provided without the dedicated efforts of public works professionals, who are engineers, managers, and employees at all levels of government and the private sector, who are responsible for rebuilding, improving, and protecting our nation’s transportation, water supply, water treatment and solid waste systems, public buildings, and other structures and facilities essential for our citizens; and, WHEREAS, it is in the public interest for the citizens, civic leaders, and children in the Town of Los Altos Hills to gain knowledge of and maintain an ongoing interest and understanding of the importance of public works and public works programs in their respective communities; and, WHEREAS, the year 2026 marks the 66th annual National Public Works Week sponsored by the American Public Works Association, be it now,
RESOLVED, I, Rajiv Bhateja, do hereby designate the week of May 17–23, 2026, as National Public Works Week. I urge all citizens to join with representatives of the American Public Works Association and government agencies in activities, events, and ceremonies designed to pay tribute to our public works professionals, engineers, managers, and employees, and to recognize the substantial contributions they make to protecting our national health, safety, and advancing quality of life for all.

NOW THEREFORE, I, Rajiv Bhateja, mayor of the Town of Los Altos Hills, do hereby proclaim the week of May 17-23, 2026, as Public Works Week and caused the Seal of the Town (to be affixed) this 14th day of May 2026.

National Public Works Week, May 17-23, 2026
Rooted in Service, Powered by Community

In witness thereof, we have hereunto set our hand and caused the seal of the Town of Los Altos Hills to be affixed this 14th day of May 2026.

Rajiv Bhateja, Mayor Stanley Mok, Councilmember

George Tyson, Vice Mayor Linda Swan, Councilmember

Kavita Tankha, Councilmember

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Juan Bautista de Anza Los
Altos Hills Historic Trail
Recommendations
Pathways Committee
Chair Nick Erndt
5/13/2026

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Background
Maps - Juan Bautista de Anza National Historic Trail (U.S.

National Park Service)

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Local trail

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Rhus Ridge Trailhead to Pearson-Arastradero Preserve
Through city of LAH
or around?

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Option 1: Proposed Route Passing through Los
Altos Hills along major roads
1Rhus Ridge
2 Moody
3 Elena
4 Robleda
5 Purissima
6 Arastradero
7 PageMill
8 Arastradero

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Option 2: Proposed Route Passing around Los Altos
Hills along major trails
1 Rhus Ridge Trail
2 Black Mountain Trail
3 Monte Bello Open Space Preserve
4 Los Trancos Open Space Preserve
5 Fern Loop Trail
6 Foothill Nature Preserve
7 Panorama Trail
8 Arastradero Creek Trail
9 Pearson-Arastradero Preserve

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TO: LAH City Council
SUBJECT: FOR PUBLIC COMMENT: Council Meeting May 14, 2026 Item 2E: Presentation from Pathways Committee on the 2 Options for the Anza Trail
FROM: Sue Welch
DATE: May 14, 2026
____________________________________________________________________________________ I respectfully request that Council reject any proposed route for the National Park Service "Anza Historic Trail" that would run on pathway easements located on private properties. A route over private properties is already posted on the map on National Park Service Anza Trail website for Santa Clara County (https://anzahistorictrail.org/county/santa-clara-ca/). No routes should have been posted on the NPS web site until approved by Council.

I assume the two route options that the Pathway Committee is considering are those posted on the NPS SCC web site. (See attached maps.) The proposed route from Moody Road though Byrne Preserve, along Black Mtn Rd and down Edgerton Rd and the Stegner Path includes pathway easements on private properties.
— Have the owners of these properties been informed of the plan to run a well-publicized National Park Service trail through their backyards?
— Have they been involved in planning the route?
— Are they aware that the Anza Trail route on their properties is already posted on the National Park Service/County Anza Trail web site?
— When NPS approached LAH about the trail in 2010, they informed us they plan to "publicize the route using a trail-long promotional and marketing strategy". No Anza Trail route was established through LAH.

Also, the PWC proposed route down the Stegner path assumes users will ignore the 3-ft high sign pointing them to the upper end of the Stegner Path and instead walk down to the end of Edgerton Road. Unlikely.
(My family lives on Edgerton Rd on the opposite side of Matadero Creek from the Stegner Path where the Anza Trail is proposed. We have no pathway easements and the house is >200 ft up a steep, heavily wooded slope from the creek, so we would not be directly affected.) LAH has many alternative routes that utilize attractive, well-maintained roadside paths. The NPS SCC web site map shows a roadside route (their map incorrectly shows the route running along I280 instead of along Purissima Rd). This route runs on roadside paths from El Monte, around Foothill College to Elena, along the Elena roadside to Robleda and from there north on Purissima, Arastradero Road, Page Mill, and on to Arastradero Preserve.

An alternative (if acceptable to Foothill College) could follow the existing paths through Foothill College, connect with Josepha behind the college and from there to the roadside paths along Elena, Robleda, Purissima, Arastradero, and Page Mill.

ITEM 2E, Supplement 1

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Any roadside route would provide a significant addition to the recreational resources in the community—without imposing on private landowners.

Portola Valley and Woodside routed the Anza Trail along roadside paths.

LAH should do the same.

Thank you for your consideration,
Sue Welch
LAH resident

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1 Arika Miller
From: Carrie Shaked
Sent: Wednesday, May 13, 2026 11:07 AM
To: City Council
Subject: Protect our pathways
To whom it may concern,
Please vote to protect our pathways. I frequently use the pathways to run for exercise and walk my children to school. These pathways are the lifeblood of our beautiful town.

They not only provide valuable habitat for local wildlife but also keep our community safer by providing alternative paths for pedestrians and wildlife to travel without interfering with traffic. Please don't let big developers tear down our town's vital and unique pathway network.

Sincerely,
Carrie Shaked
ITEM 2E, Supplement 2

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TOWN OF LOS ALTOS HILLS

MEMORANDUM
DATE: May 14, 2026
FROM: Arika Birdsong-Miller, City Clerk
APPROVED: Cody Einfalt, Acting City Manager
RE: Reappointment to the Los Altos Hills Environmental Initiatives Committee (EIC)
Attached for your review and consideration is the email confirmation submitted by the following individual for reappointment to the Los Altos Hills Environmental Initiatives Committee:
• Mike Salameh
His current term expires June 16, 2026, and his new term will begin on June 17, 2026, and end on June 17, 2030.

Resolution 70-25 stipulates that the membership of this committee shall consist of a minimum of five (5) members and a maximum of eleven (11) members. With this appointment, the Committee would have eight (8) members and three (3) vacancies.

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Keren Brunner
From: Mike Salameh
Sent: Tuesday, May 5, 2026 7:45 PM
To: Keren Brunner
Arika Miller
Re: renew your Environmental Initiatives Committee appointment? Cc:

Subject:

I am happy to continue on the committee. Thanks for asking.

Mike
From: Keren Brunner <[email protected]>
Date: Tuesday, May 5, 2026 at 3:55 PM
To: Mike Salameh
Cc: Arika Miller <[email protected]>
Subject: renew your Environmental Initiatives Committee appointment? Good Afternoon Mike,
I am writing to let you know that your current appointment to the Environmental Initiatives Committee is set to expire mid-June.

We would very much value your continued service and hope you will consider renewing your appointment. If you are willing to do so, please reply to this email as soon as possible confirming your interest, and I will proceed with placing your reappointment request on the agenda for the May 14, 2026, City Council meeting agenda.

If you prefer to step back from volunteering and allow your appointment to expire, please let me know this as well.

Thank you for your time and for your service on the committee.

Regards,
Keren Brunner, CMC
Administrative Clerk/ Technician
Town of Los Altos Hills
26379 Fremont Road, Los Altos Hills, CA 94022
P: 650-947-2519 | F: 650-941-3160
E: [email protected]
Stay informed.

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TOWN OF LOS ALTOS HILLS

MEMORANDUM
DATE: May 14, 2026
FROM: Arika Birdsong-Miller, City Clerk
APPROVED: Cody Einfalt, Acting City Manager
RE: Reappointment to the Los Altos Hills Environmental Design & Protection Committee (EDPC)
Attached for your review and consideration is the email confirmation submitted by the following individual for reappointment to the Los Altos Hills Environmental Design & Protection Committee:
• Grace Tsang
Her current term expires June 16, 2026, and her new term will begin on June 17, 2026, and end on June 17, 2030.

Resolution 70-25 stipulates that the membership of this committee shall consist of a minimum of five (5) members and a maximum of eight (8) members. With this appointment, the Committee would have seven (7) members and one (1) vacancies.

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Keren Brunner
From: Grace Tsang
Sent: Tuesday, May 5, 2026 4:00 PM
To: Keren Brunner
Cc: Arika Miller
Subject: Re: renew your Environmental Design & Protection Committee appointment? I will continue but in the meanwhile also get a next in line ready. -grace
On May 5, 2026, at 3:58 PM, Keren Brunner <[email protected]> wrote:

Good Afternoon Grace,
I am writing to let you know that your current appointment to the EDPC is set to expire mid-June.

If you prefer to step back from volunteering and allow your appointment to expire, please let me know this as well.

Thank you for your time and for your service on the committee.

Regards,
<image001.png> Keren Brunner, CMC
Administrative Clerk/ Technician
Town of Los Altos Hills
26379 Fremont Road, Los Altos Hills, CA
94022
P: 650-947-2519 | F: 650-941-3160
E: [email protected]
Stay informed.

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TOWN OF LOS ALTOS HILLS

MEMORANDUM
DATE: May 14, 2026
FROM: Arika Birdsong-Miller, City Clerk
APPROVED: Cody Einfalt, Acting City Manager
RE: Reappointment to the Los Altos Hills Emergency Protection & Response Committee (EPRC)
Attached for your review and consideration are the email confirmations submitted by the following individuals for reappointment to the Los Altos Hills Emergency Protection & Response Committee:
• Amita Sachdeva
• Dave Stewart
• Terry Kearney
Their current terms expire June 16, 2026, and their new terms will begin on June 17, 2026, and end on June 17, 2030.

Resolution 70-25 stipulates that the membership of this committee shall consist of a minimum of five (5) members and a maximum of nine (9) members. With these appointments, the Committee would have seven (7) members and two (2) vacancies.

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Keren Brunner
From: Amita Sachdeva
Sent: Thursday, May 7, 2026 12:07 PM
To: Keren Brunner
Arika Miller
Re: renew your Emergency Preparedness & Response Committee appointments? Cc:

Subject:

Hi Keren,
Thank you for your email! Yes, I would like to renew my appointment to the EPRC.

Best,
Amita
On Tue, May 5, 2026, 4:00 PM Keren Brunner <[email protected]> wrote:

Good Afternoon Dave, Amita, Terry, Sam, and Ben,
I am writing to let you know that your current appointment to the EPRC is set to expire mid-June.

If you prefer to step back from volunteering and allow your appointment to expire, please let me know this as well.

Thank you for your time and for your service on the committee.

Regards,
Keren Brunner, CMC
Administrative Clerk/ Technician

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Keren Brunner
From: Dave Stewart
Sent: Tuesday, May 5, 2026 4:40 PM
To: Keren Brunner
Arika Miller; Phillip Harter; Amita Sachdeva
Re: renew your Emergency Preparedness & Response Committee appointments? Cc:

Subject:

Keren,
Please add me to the reappointment request list. I'm willing to keep going.

Dave
On Tue, May 5, 2026 at 4:00 PM Keren Brunner <[email protected]> wrote:

Good Afternoon Dave, Amita, Terry, Sam, and Ben,
I am writing to let you know that your current appointment to the EPRC is set to expire mid-June.

If you prefer to step back from volunteering and allow your appointment to expire, please let me know this as well.

Thank you for your time and for your service on the committee.

Regards,
Keren Brunner, CMC
Administrative Clerk/ Technician

Page 31 of 960 ends

Keren Brunner
From: TERRY KEARNEY
Sent: Tuesday, May 5, 2026 4:24 PM
To: Keren Brunner
Cc: Arika Miller; Phillip Harter; Dave Stewart; Amita Sachdeva Subject: Re: renew your Emergency Preparedness & Response Committee appointments? Hi Keren. Please feel free to place my reappointment request on the May 14 agenda. Thx for the reminder. Terry
On May 5, 2026, at 16:00, Keren Brunner <[email protected]> wrote:

Good Afternoon Dave, Amita, Terry, Sam, and Ben,
I am writing to let you know that your current appointment to the EPRC is set to expire mid-June.

If you prefer to step back from volunteering and allow your appointment to expire, please let me know this as well.

Thank you for your time and for your service on the committee.

Page 32 of 960 ends

ITEM 4A
TOWN OF LOS ALTOS HILLS May 14, 2026
Staff Report to the City Council
SUBJECT: RECEIVE THE MARCH 2026 TREASURER’S REPORT
FROM: Thomas Leung, Finance Director
Varsha Srinivasan, Management Analyst VS
APPROVED: Cody Einfalt, Acting City Manager
RECOMMENDATION: That the City Council should:

Receive the March 2026 Treasurer’s Report.

BACKGROUND:

California Government Code Section 41004 requires the City Treasurer to submit a written report and accounting of all receipts, disbursements, and fund balances to the City Clerk and the legislative body. This report fulfills that requirement, summarizing the Town’s financial transactions for its cash and investment accounts for the month.

DISCUSSION:

The attached Treasurer’s Report provides details of the Town’s cash and investment balances, including all receipts and disbursements for the month.

ENVIRONMENTAL REVIEW:

This action does not qualify as a “Project” as defined in California Government Code Section 15378(b) of the Guidelines for California Environmental Quality Act. 2025-26 CITY COUNCIL WORK PLAN:

The report is for financial transparency and to comply with government code. It was not specified as one of the City Council’s Work Plan items for 2025-26.

FISCAL IMPACT:

There is no fiscal impact.

ATTACHMENT:

1. Treasurer’s Report for March 2026.

Page 33 of 960 ends

Name Beginning
Balance Total Total Ending Balance
as of 2/28/2026 Receipts Disbursements as of 3/31/2026
Cash on hand & Petty Cash 1,002.00 $ - $ - 1,002.00
Wells Fargo Bank 3,312,352.56 1,663,025.95 2,149,939.90 2,825,438.61 Total: 3,313,354.56 1,663,025.95 2,149,939.90 2,826,440.61 Local Agency Investment Fund (LAIF) - per Par Value 2,236,855.75 $ - - 2,236,855.75 CAMP Portfolio - per Market Value 23,569,245.39 $ - - 23,569,245.39 PARS 115 Trust Pension - per Market Value - Restricted 2,087,999.79 100,000.00 - 2,187,999.79 Investments w/ Fiscal Agent - BNY Mellon - per Par Value - Restricted 169,653.42 $ - - 169,653.42 Total: 28,063,754.35 100,000.00 $ - 28,163,754.35
TOTAL CASH & INVESTMENTS ACCOUNTS 31,377,108.91 1,763,025.95 2,149,939.90 30,990,194.96 Beginning
Balance Ending Balance
as of 2/28/2026 Total Debits Total Credits as of 3/31/2026 Building Dept Deposits -4,398,555.19 51,279.68 164,520.70 -4,511,796.21 tied to the report, beg = prio Prior Year
Carry forward Increase/ Ending Balance Current Current Ending Balance* Fund # Fund Name: Fund Classification: as of 7/1/2025 (Decrease) as of 2/28/2026 Increase (DR) Decrease (CR) as of 3/31/2026 11 General Fund General Fund 22,699,585.39 -1,036,179.20 21,663,406.19 1,681,489.95 1,463,598.48 21,881,297.66 16 Parks & Rec - In Lieu Fee Special Revenue 462,793.48 16,341.28 479,134.76 $ - $ - 479,134.76 19 ARPA Special Revenue 0.06 $ - 0.06 $ - $ - 0.06
21 COPS FUND Special Revenue $ - 164,036.61 164,036.61 12,782.37 $ - 176,818.98 71 SPECIAL DONATIONS Special Revenue 34,472.90 $ - 34,472.90 5 $ - 34,477.90 46 STREET CIP Streets Capital Projects -78,172.42 670,961.14 592,788.72 50,624.60 8,501.72 634,911.60 41 GENERAL CIP FUND Other Capital Projects 1,228,448.06 -1,930,316.53 -701,868.47 133,726.69 94,264.84 -662,406.62 42 PATHWAYS CIP Other Capital Projects 870,110.94 77,008.29 947,119.23 33,778.21 5,221.17 975,676.27 43 WESTWIND BARN CIP Other Capital Projects 244,887.32 -164,334.64 80,552.68 6,429.46 0.00 86,982.14 45 DRAINAGE CIP Other Capital Projects 462,904.98 -357,028.84 105,876.14 24,901.85 2,375.00 128,402.99 48 SEWER FUND CIP Enterprise-Sewer 4,792,974.09 -507,983.21 4,284,990.88 1,469.21 21,986.85 4,264,473.24 51 SEWER FUND Enterprise-Sewer 2,402,156.02 -49,212.70 2,352,943.32 60,265.25 399,044.06 2,014,164.51 31 SEWER ASSESSMENT DISTRICT Fiduciary 333,842.01 -11,926.88 321,915.13 $ - 40,281.25 281,633.88 61 GENERAL SERVICE FUND Internal Service Fund 1,133,681.90 -81,941.14 1,051,740.76 391,091.98 748,205.15 694,627.59 34,587,684.73 -3,210,575.82 31,377,108.91 2,396,564.57 2,783,478.52 30,990,194.96 *Fund balances are unaudited, and may not include all necessary adjustments. These figures will be updated in future reports once the

TOTAL CASH & INVESTMENTS ACCOUNT
independent audit is completed
CASH & INVESTMENTS ACCOUNT BALANCE:

INVESTMENT ACCOUNTS:

DEPOSIT LIABILITIES:

CASH ACCOUNTS:

Monthly Treasurer's Report
FY 2025-26
Month of March (Unaudited)
Pursuant to California Government Code Section 41004

Page 34 of 960 ends

ITEM 4B
TOWN OF LOS ALTOS HILLS May 14, 2026
Staff Report to the City Council
SUBJECT: RECEIVE THE MARCH 2026 DISBURSEMENTS REPORT
FROM: Thomas Leung, Finance Director
Varsha Srinivasan, Management Analyst VS
APPROVED: Cody Einfalt, Acting City Manager
RECOMMENDATION: That the City Council should:

Receive the March 2026 Disbursements Report
BACKGROUND:

The Disbursements Report is submitted to the City Council for transparency (Attachment 1).

DISCUSSION:

The table below summarizes Accounts Payable and payroll disbursements. 1,770,833.20 Total Accounts Payable Disbursements
379,106.70 Total Payroll Disbursements
2,149,939.90 Total Disbursements
The table below provides a breakdown of payroll disbursements, as well as payments to vendors who received more than $10,000 in total during the month.

Page 35 of 960 ends

2 Staff Report to City Council
Disbursements Report March 2026
May 14, 2026
Amounts Vendors Description
268,829.96 EFT: ADP- Payroll Services and other Bank adjustments/fees Payroll Date: 3.06.26
Payroll: $98,687.90
Payroll Taxes: $29,943.61
Payroll Date: 3.20.26
Payroll: $103,121.94
Payroll Taxes: $31,279.23
Bank Adjustments/Fees: $5,797.28
110,276.74 EFT: CalPERS (retirement and health) and Navia for Flex Spending
Employer contributions and employee withholdings
related to payroll benefits.
229,605.50 SANTA CLARA COUNTY SHERIFF'S DEPT March 2026 Policing Services 119,773.83 Redwood Public Law
Various legal services including: labor &
employment services, contract and advisory
services, Linebarger v LAH, Housing Element
Implementation, and SB 9 Implementation
Ordinance
101,500.00 FUSE SERVICE INC. Invoice #2 HVAC Installation & Equipment 100,000.00 US BANK PARS ACCOUNT #6746050100 Pension Trust contribution March 2026 99,023.81 CSG Consultants Inc
December 2025 and January 2026 Building
Consultant Services, including Code Enforcement,
Plan Review, and Building Inspections
79,811.07 WEST BAY SANITARY DISTRICT Sewer Maintenance
51,768.00 Los Altos Hills Community Fiber Town Hall & Stonebrook Extension 51,082.38 Palamerican Security (Silicon Valley) Inc February and March 2026 (biweekly) 44,167.00 Lexterra LLC BLD21-0425 and BLD21-0426 Building and MEP Fees Refund
40,281.25 BNYMELLON - THE BANK OF NEW YORK MELLON
TRUST
LOAN#LOSALTOS2009 West Loyola Sewer
Assessment
35,018.00 Wen Living Trust BLD21-0312 and BLD21-0313 Building and MEP Fees Refund
32,951.72 MISSION SQUARE (MissionSquare) March 2026 Retirement plan contributions (Plans 100276, 100316, and 304465)
32,671.00 STEVE LIM AND SHIVA SHEIKHOLESLAM BLD21-0119 and BLD21-0120 Building and MEP Fees Refund
31,617.00 EATON AND ASSOCIATES February and March 2026 Monthly IT Managed services, Copilot and Adobe subscriptions
24,270.00 Jason J Davila Trustee BLD20-0356 MEP Fees Refund 21,986.85 FREYER & LAURETA, INC. Preparation of Annual CIP Construction Documents and Sanitary Sewer Standards Review
21,559.00 EARL ADAMS TILE-COPING & PLASTERING, INC.

BLD20-0369, BLD20-0408, BLD21-0189, BLD21-
0246, BLD21-0291, BLD21-0372, BLD21-0374,
BLD21-0510, BLD21-0589 Building and MEP Fees
Refund
21,106.00 David Ziegler BLD21-0405 and BLD21-0406 Building and MEP Fees Refund
17,254.46 Greenwaste Recovery Inc Billing for November 2025, December 2025, and February 2026
16,835.50 Mary Kear Picnic Rentals
13,662.00 Utopia Design & Construction BLD21-0415 Building and MEP Fees Refund 11,435.00 Sara Kim and Mathew Yhuh BLD21-0114 Building and MEP Fees Refund 11,013.00 NEX CAPITAL DEVELOPMENT, LLC BLD20-0361 Building and MEP Fees Refund 1,587,499.07 Total Page 36 of 960
3 Staff Report to City Council
Disbursements Report March 2026
May 14, 2026
ENVIRONMENTAL REVIEW:

The Disbursements Report is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15061(b)(3) of the CEQA Guidelines. 2025-26 CITY COUNCIL WORK PLAN:

The report is for financial transparency and was not specified as one of the City Council’s Work Plan items for 2025-26.

FISCAL IMPACT:

There is no fiscal impact.

ATTACHMENTS:

1. March 2026 Disbursements Report by Vendor.

Page 37 of 960 ends

4/21/2026 3:10:45 PM Page 1 of 19
Expense Approval Report
Town of Los Altos Hills By Fund
Payment Dates 3/1/2026 - 3/31/2026
Vendor Name Payable Number Post Date Description (Item) Account Number Amount Fund: 011 - GENERAL FUND
Vendor: EBEID02 - EBEID, NILOUFAR & TAREK
EBEID, NILOUFAR & TAREK BLD21-0146 (MEP&BUILDING) 03/06/2026 BLD21-0146 MEP FEES REFUND 011-3200-6128 1,260.00 EBEID, NILOUFAR & TAREK BLD21-0146 (MEP&BUILDING) 03/06/2026 BLD21-0146 BUILDING FEES R… 011-3200-6128 819.00 Vendor EBEID02 - EBEID, NILOUFAR & TAREK Total: 2,079.00 Vendor: AAA94063 - AAA RENTALS
AAA RENTALS 842607 03/10/2026 Water Wagon Trailer #1 011-4500-6142 525.59 Vendor AAA94063 - AAA RENTALS Total: 525.59
Vendor: ANIMAL95037 - ANIMAL DAMAGE MANAGEMENT
ANIMAL DAMAGE MANAGEM… 433523 03/03/2026 Twice Per Month Pest Control… 011-5100-6130 670.00 Vendor ANIMAL95037 - ANIMAL DAMAGE MANAGEMENT Total: 670.00 Vendor: ATTMOBILITY - AT&T MOBILITY
AT&T MOBILITY 287319629759X02102026 03/04/2026 650-492-3364-PARKS & REC S… 011-1000-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-823-2608-LAH HOTSPOT 011-1200-6362 40.74 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-823-2541-PLANNING IPAD 011-1200-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-492-0328-DEPUTY CITY … 011-1200-6362 51.53 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-823-0055-CITY CLERK 011-1300-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-305-8801-ADMINISTRATI… 011-1300-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-823-6313-SENIOR ACCO… 011-1400-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-946-7044-ACCOUNTING T…011-1400-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-823-6229-SENIOR ACCO… 011-1400-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-823-5313-FINANCE DIREC…011-1400-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-405-2166-ASSOCIATE ENG…011-3100-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-518-6290-BUILDING IPAD 011-3100-6362 40.74 AT&T MOBILITY 287319629759X02102026 03/04/2026 408-687-5575-BUILDING INSP… 011-3200-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-518-6290-BUILDING IPAD 011-3200-6362 40.74 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-647-0056- UTILITY ENGIN… 011-3300-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-492-3944-ASSOCIATE ENG…011-3300-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-405-9226-ASSOCIATE ENG…011-3300-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-947-7088-PW INSPECTOR 011-3300-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-305-8207-PUBLIC WORKS …011-3300-6362 40.74 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-823-1890-PWD IPAD 2 011-3300-6362 40.74 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-823-2541-PWD IPAD1 011-3300-6362 40.74 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-229-2721-ASSOCIATE ENG…011-3300-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-823-2461-SIGNAL EL MO… 011-4600-6362 44.64 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-492-9752-SIGNAL EL MO… 011-4600-6362 44.64 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-823-3948-SIGNAL EL MO… 011-4600-6362 44.64 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-492-3364-PARKS & REC S… 011-1000-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-823-2608-LAH HOTSPOT 011-1200-6362 40.74 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-492-0328-DEPUTY CITY … 011-1200-6362 123.26 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-492-3766-MANAGEMENT…011-1200-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-305-8801-ADMINISTRATI… 011-1300-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-823-0055-CITY CLERK 011-1300-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-823-5313-FINANCE DIREC…011-1400-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-823-6313-SENIOR ACCO… 011-1400-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-823-6229-SENIOR ACCO… 011-1400-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-946-7044-ACCOUNTING T…011-1400-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-405-2166-ASSOCIATE ENG…011-3100-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-518-9574-PLANNING IPAD 011-3100-6362 40.74 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-518-6290-BUILDING IPAD 011-3200-6362 40.74 AT&T MOBILITY 87319629759X03102026 03/18/2026 408-687-5575-BUILDING INSP… 011-3200-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-947-7088-PW INSPECTOR 011-3300-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-305-8207-PUBLIC WORKS …011-3300-6362 40.74

Page 38 of 960 ends

Expense Approval Report Payment Dates: 3/1/2026 - 3/31/2026 4/21/2026 3:10:45 PM Page 2 of 19
Vendor Name Payable Number Post Date Description (Item) Account Number Amount AT&T MOBILITY 87319629759X03102026 03/18/2026 650-823-1890-PWD IPAD 2 011-3300-6362 40.74 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-823-2541-PWD IPAD1 011-3300-6362 40.74 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-518-6776-ENGINEERING … 011-3300-6362 45.99 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-229-2721-ASSOCIATE ENG…011-3300-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-647-0056- UTILITY ENGIN… 011-3300-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-492-3944-ASSOCIATE ENG…011-3300-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-405-9226-ASSOCIATE ENG…011-3300-6362 50.54 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-823-2461-SIGNAL EL MO… 011-4600-6362 44.64 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-823-3948-SIGNAL EL MO… 011-4600-6362 44.64 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-492-9752-SIGNAL EL MO… 011-4600-6362 44.64 Vendor ATTMOBILITY - AT&T MOBILITY Total: 2,493.70
Vendor: AT&T PO9011 - AT&T
AT&T 000024794317 02/10/2026 9391035740-ALTERNATE EOC -…011-2100-6362 92.46 AT&T 000024794318 02/10/2026 9391035741-HERITAGE HOUSE…011-2100-6362 32.38 AT&T 000024794321 02/10/2026 9391035744-WWB FIRE ALA… 011-5300-6362 62.17 AT&T 000024794322 02/10/2026 9391035745-HERITAGE HOUSE…011-2100-6362 63.20 AT&T 000024794324 02/10/2026 9391035747-HERITAGE HOUSE…011-2100-6362 62.16 AT&T 000024794325 02/10/2026 9391035748-12863 LA CRESTA…011-2100-6362 34.36 Vendor AT&T PO9011 - AT&T Total: 346.73
Vendor: MOSTAAN01 - BABAK MOSTAAN
BABAK MOSTAAN BLD21-0544 (MEP&BUILDING) 03/06/2026 BLD21-0544 MEP FEES REFUND 011-3200-6128 1,530.00 BABAK MOSTAAN BLD21-0544 (MEP&BUILDING) 03/06/2026 BLD21-0544 BUILDING FEES R… 011-3200-6128 995.00 Vendor MOSTAAN01 - BABAK MOSTAAN Total: 2,525.00
Vendor: BEAR95002 - BEAR ELECTRICAL SOLUTIONS, INC.

BEAR ELECTRICAL SOLUTIONS, …29193 01/31/2026 Traffic Signal Maintenance Svcs 011-4600-6145 551.25 Vendor BEAR95002 - BEAR ELECTRICAL SOLUTIONS, INC. Total: 551.25 Vendor: GOODGER02 - BEN M. AND MARISSA F. GOODGER, TRUSTEES BEN M. AND MARISSA F. GOO… BLD20-0280 (MEP) 03/06/2026 BLD20-0280 MEP FEES REFUND 011-3200-6128 3,832.00 BEN M. AND MARISSA F. GOO… BLD20-0305 (MEP) 03/06/2026 BLCD20-0305 MEP FEES REFU… 011-3200-6128 1,212.00 Vendor GOODGER02 - BEN M. AND MARISSA F. GOODGER, TRUSTEES Total: 5,044.00 Vendor: HESSEN-SCHMIDT01 - BENT HESSEN-SCHMIDT
BENT HESSEN-SCHMIDT BLD26-0050 03/06/2026 B031 SMIP 011-0000-2002 0.50 BENT HESSEN-SCHMIDT BLD26-0050 03/06/2026 BO30 BSASRF OR GREE FEE 011-0000-2004 1.00 BENT HESSEN-SCHMIDT BLD26-0050 03/06/2026 B003 MEP 011-3200-4305 207.00 BENT HESSEN-SCHMIDT BLD26-0050 03/06/2026 B016 ELECTRONIC PLAN RETE… 011-3200-4311 75.00 Vendor HESSEN-SCHMIDT01 - BENT HESSEN-SCHMIDT Total: 283.50 Vendor: BLUEWATER01 - BLUE WATER POOLS
BLUE WATER POOLS BLD22-0054 03/06/2026 REFUND DEPOSIT - 26724 PAL… 011-0000-2303 765.00 Vendor BLUEWATER01 - BLUE WATER POOLS Total: 765.00
Vendor: CBSC95833 - CALIFORNIA BUILDING STANDARDS COMMISSION CALIFORNIA BUILDING STAND… 03.03.2026 03/04/2026 Fees Collected 011-0000-2004 726.00 CALIFORNIA BUILDING STAND… 03.03.2026 03/04/2026 Less Seismic Education 011-0000-4685 -72.60 Vendor CBSC95833 - CALIFORNIA BUILDING STANDARDS COMMISSION Total: 653.40 Vendor: CONSERVATION95814 - CALIFORNIA DEPARTMENT OF CONSERVATION CALIFORNIA DEPARTMENT OF…03.03.2026 03/04/2026 Fees Collected 011-0000-2002 2,107.37 CALIFORNIA DEPARTMENT OF…03.03.2026 03/04/2026 Less Seismic Education 011-0000-4685 -105.37 Vendor CONSERVATION95814 - CALIFORNIA DEPARTMENT OF CONSERVATION Total: 2,002.00 Vendor: CALWATER95194 - CALIFORNIA WATER SERVICE CO.

CALIFORNIA WATER SERVICE … 1865744444 02.20.26 03/25/2026 W EDITH AVE/W FREMONT RD…011-5100-6364 191.78 CALIFORNIA WATER SERVICE … 8540713534 02.20.26 03/25/2026 W. EDITH AVE/W FREMONT R… 011-5100-6364 86.09 CALIFORNIA WATER SERVICE … 8540713534 03.20.26 03/25/2026 W EDITH AVE/W FREMONT RD…011-5100-6364 86.09 Vendor CALWATER95194 - CALIFORNIA WATER SERVICE CO. Total: 363.96 Vendor: B16362 - CAROL MEYER
CAROL MEYER BLD21-0234 (MEP&BUILDING) 03/06/2026 BLD 21-0234 BUILDING FEES R…011-3200-6128 1,287.00 CAROL MEYER BLD21-0234 (MEP&BUILDING) 03/06/2026 BLD 21-0234 MEP FEES REFU… 011-3200-6128 1,980.00 Vendor B16362 - CAROL MEYER Total: 3,267.00

Page 39 of 960 ends

Expense Approval Report Payment Dates: 3/1/2026 - 3/31/2026 4/21/2026 3:10:45 PM Page 3 of 19
Vendor Name Payable Number Post Date Description (Item) Account Number Amount Vendor: CHAU94022 - CHAU, JOHN
CHAU, JOHN 03.02.2026 03/02/2026 Stay Interview lunch with Jam… 011-3300-6308 157.94 CHAU, JOHN 02.27.2026 03/05/2026 PUBLIC WORK OFFICERS INSTI… 011-3300-6308 774.88 CHAU, JOHN 02.27.2026 03/05/2026 PUBLIC WORK OFFICERS INSTI… 011-3300-6309 675.00 Vendor CHAU94022 - CHAU, JOHN Total: 1,607.82
Vendor: CINTAS45263 - CINTAS
CINTAS 5323969803 03/16/2026 SERVICE ACKNOWLEDGEMENT…011-5100-6399 16.19 Vendor CINTAS45263 - CINTAS Total: 16.19
Vendor: CITIBANK_VISA - CITI CARDS
CITI CARDS 5606 (1.13.2026) 03/25/2026 CITI BANK FEES 011-1400-6331 127.23 CITI CARDS 5606 (12.11.2025) 03/25/2026 NOAH'SBAGELS INST/MTG/TR… 011-1200-6309 66.12 Vendor CITIBANK_VISA - CITI CARDS Total: 193.35
Vendor: LOSALTOS94022 - CITY OF LOS ALTOS
CITY OF LOS ALTOS 95 03/06/2026 Utility Maintenance PG&E Elec…011-4600-6145 63.54 CITY OF LOS ALTOS 95 03/06/2026 Utility Maintenance PG&E Elec…011-4600-6363 11.58 CITY OF LOS ALTOS 81165764 03/13/2026 Banner Reservations Main Str… 011-4120-6361 469.00 CITY OF LOS ALTOS 97894048 03/13/2026 Banner Reservations Main Str… 011-4120-6361 470.00 Vendor LOSALTOS94022 - CITY OF LOS ALTOS Total: 1,014.12 Vendor: CORELOGIC75284 - CORELOGIC INFORMATION SOLUTIONS, INC.

CORELOGIC INFORMATION SO…30827152 03/06/2026 RQ2 Flat Fee Limited Package … 011-3100-6313 109.28 CORELOGIC INFORMATION SO…30827152 03/06/2026 RQ2 Flat Fee Limited Package … 011-3200-6313 109.27 Vendor CORELOGIC75284 - CORELOGIC INFORMATION SOLUTIONS, INC. Total: 218.55 Vendor: COTTON95030 - COTTON SHIRES & ASSOC, INC.

COTTON SHIRES & ASSOC, INC. 1225129 03/06/2026 11/2025 BILLABLE LEGAL SVCS…011-0000-2301 2,275.00 COTTON SHIRES & ASSOC, INC. 1225129 03/06/2026 11/2025 ADMIN FEE GEO LEG… 011-0000-2301 227.50 COTTON SHIRES & ASSOC, INC. 1225129 03/06/2026 11/2025 RECOG ADMIN FEE G…011-0000-4685 -227.50 COTTON SHIRES & ASSOC, INC. 1225129 03/06/2026 11/2025 PASSTHRU REV GEO … 011-3100-4707 -2,275.00 COTTON SHIRES & ASSOC, INC. 1225129 03/06/2026 11/2025 PASSTHRU EXP LEGAL…011-3100-6178 2,275.00 COTTON SHIRES & ASSOC, INC. 1225130 03/06/2026 12/2025 ADMIN FEE GEO LEG… 011-0000-2301 237.96 COTTON SHIRES & ASSOC, INC. 1225130 03/06/2026 12/2025 BILLABLE LEGAL SVCS…011-0000-2301 2,379.60 COTTON SHIRES & ASSOC, INC. 1225130 03/06/2026 12/2025 RECOG ADMIN FEE G…011-0000-4685 -237.96 COTTON SHIRES & ASSOC, INC. 1225130 03/06/2026 12/2025 PASSTHRU REV GEO … 011-3100-4707 -2,379.60 COTTON SHIRES & ASSOC, INC. 1225130 03/06/2026 12/2025 PASSTHRU EXP LEGAL…011-3100-6178 2,379.60 Vendor COTTON95030 - COTTON SHIRES & ASSOC, INC. Total: 4,654.60 Vendor: CSG94404 - CSG CONSULTANTS INC
CSG CONSULTANTS INC 64787 01/07/2026 GHG INVENTORY SVCS 12/27/… 011-3200-6199 1,862.50 CSG CONSULTANTS INC B260065 02/02/2026 BUILDING PLAN REVIEW SERV… 011-3200-6114 13,388.61 CSG CONSULTANTS INC 64601 02/13/2026 CODE ENFORCEMENT 12/27/… 011-3120-6111 19,320.00 CSG CONSULTANTS INC 64807 02/13/2026 BUILDING SERVICES 12/27/25… 011-3200-6199 15,840.00 CSG CONSULTANTS INC B251647 03/05/2026 BUILDING AND PLAN REVIEW … 011-3200-6114 28,892.33 CSG CONSULTANTS INC B260238 03/10/2026 Building Plan Review Services … 011-3200-6114 6,466.37 CSG CONSULTANTS INC 64516 03/11/2026 1/2026 BILLABLE CONTRACT S…011-0000-2301 940.00 CSG CONSULTANTS INC 64516 03/11/2026 1/2026 ADMIN FEE CONTRACT…011-0000-2301 94.00 CSG CONSULTANTS INC 64516 03/11/2026 1/2026 RECOG ADMIN FEE C… 011-0000-4685 -94.00 CSG CONSULTANTS INC 64516 03/11/2026 1/2026 PASSTHRU REV CONT… 011-3300-4705 -940.00 CSG CONSULTANTS INC 64516 03/11/2026 1/2026 PASSTHRU EXP CONT… 011-3300-6179 940.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 ADMIN FEE CONTRACT…011-0000-2301 159.80 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 ADMIN FEE CONTRACT…011-0000-2301 75.20 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 ADMIN FEE CONTRACT…011-0000-2301 37.60 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 BILLABLE CONTRACT S…011-0000-2301 376.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 BILLABLE CONTRACT S…011-0000-2301 752.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 ADMIN FEE CONTRACT…011-0000-2301 75.20 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 BILLABLE CONTRACT S…011-0000-2301 752.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 BILLAB CONTRACT SV… 011-0000-2301 1,598.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 RECOG ADMIN FEE C… 011-0000-4685 -159.80 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 RECOG ADMIN FEE C… 011-0000-4685 -75.20 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 RECOG ADMIN FEE C… 011-0000-4685 -75.20 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 RECOG ADMIN FEE C… 011-0000-4685 -37.60

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Expense Approval Report Payment Dates: 3/1/2026 - 3/31/2026 4/21/2026 3:10:45 PM Page 4 of 19
Vendor Name Payable Number Post Date Description (Item) Account Number Amount CSG CONSULTANTS INC 64158 03/13/2026 1/2026 PASSTHRU REV CONT… 011-3300-4705 -1,598.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 PASSTHRU REV CONT… 011-3300-4705 -752.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 PASSTHRU REV CONT… 011-3300-4705 -752.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 PASSTHRU REV CONT… 011-3300-4705 -376.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 PASSTHRU EXP CONT… 011-3300-6179 376.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 PASSTHRU EXP CONT… 011-3300-6179 752.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 PASSTHRU EXP CONT… 011-3300-6179 1,598.00 CSG CONSULTANTS INC 64158 03/13/2026 1/2026 PASSTHRU EXP CONT… 011-3300-6179 752.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 BILLABLE CONTRACT …011-0000-2301 1,316.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 BILLABLE CONTRACT …011-0000-2301 564.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 ADMIN FEE CONTRA… 011-0000-2301 150.40 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 ADMIN FEE CONTRA… 011-0000-2301 150.40 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 ADMIN FEE CONTRA… 011-0000-2301 131.60 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 ADMIN FEE CONTRA… 011-0000-2301 103.40 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 ADMIN FEE CONTRA… 011-0000-2301 56.40 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 BILLABLE CONTRACT …011-0000-2301 1,504.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 BILLABLE CONTRACT …011-0000-2301 1,504.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 BILLABLE CONTRACT …011-0000-2301 1,034.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 RECOG ADMIN FEE C… 011-0000-4685 -150.40 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 RECOG ADMIN FEE C… 011-0000-4685 -131.60 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 RECOG ADMIN FEE C… 011-0000-4685 -103.40 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 RECOG ADMIN FEE C… 011-0000-4685 -56.40 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 RECOG ADMIN FEE C… 011-0000-4685 -150.40 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 PASSTHRU REV CON… 011-3300-4705 -1,034.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 PASSTHRU REV CON… 011-3300-4705 -1,504.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 PASSTHRU REV CON… 011-3300-4705 -564.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 PASSTHRU REV CON… 011-3300-4705 -1,316.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 PASSTHRU REV CON… 011-3300-4705 -1,504.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 PASSTHRU EXP CON… 011-3300-6179 1,504.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 PASSTHRU EXP CON… 011-3300-6179 1,504.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 PASSTHRU EXP CON… 011-3300-6179 564.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 PASSTHRU CONTRAC… 011-3300-6179 1,034.00 CSG CONSULTANTS INC 63762 03/17/2026 12/2025 PASSTHRU EXP CON… 011-3300-6179 1,316.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 BILLABLE CONTRACT S…011-0000-2301 376.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 ADMIN FEE CONTRACT…011-0000-2301 94.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 ADMIN FEE CONTRACT…011-0000-2301 94.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 BILLABLE CONTRACT S…011-0000-2301 940.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 ADMIN FEE CONTRACT…011-0000-2301 65.80 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 BILLABLE CONTRACT S…011-0000-2301 940.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 ADMIN FEE CONTRACT…011-0000-2301 37.60 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 BILLABLE CONTRACT S…011-0000-2301 658.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 RECOG ADMIN FEE C… 011-0000-4685 -94.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 RECOG ADMIN FEE C… 011-0000-4685 -65.80 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 RECOG ADMIN FEE C… 011-0000-4685 -37.60 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 RECOG ADMIN FEE C… 011-0000-4685 -94.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 PASSTHRU REV CONT… 011-3300-4705 -376.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 PASSTHRU REV CONT… 011-3300-4705 -658.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 PASSTHRU REV CONT… 011-3300-4705 -940.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 PASSTHRU REV CONT… 011-3300-4705 -940.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 PASSTHRU CONTRACT… 011-3300-6179 658.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 PASSTHRU CONTRACT… 011-3300-6179 940.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 PASSTHRU CONTRACT… 011-3300-6179 376.00 CSG CONSULTANTS INC 64946 03/19/2026 1/2026 PASSTHRU CONTRACT… 011-3300-6179 940.00 Vendor CSG94404 - CSG CONSULTANTS INC Total: 99,023.81
Vendor: DAVILA01 - DAVILA, JASON J TRUSTEE
DAVILA, JASON J TRUSTEE BLD20-0356 (MEP) 03/06/2026 BLD20-0356 MEP FEES REFUND 011-3200-6128 24,270.00 Vendor DAVILA01 - DAVILA, JASON J TRUSTEE Total: 24,270.00 Vendor: DESILVA01 - DESILVA, PRATIBHA OR MAHINDA
DESILVA, PRATIBHA OR MAHI… P17603-(UNCLAIMED PROPER… 03/12/2026 REFUND DEPOSIT - P17603, P… 011-0000-2301 1,755.00

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Expense Approval Report Payment Dates: 3/1/2026 - 3/31/2026 4/21/2026 3:10:45 PM Page 5 of 19
Vendor Name Payable Number Post Date Description (Item) Account Number Amount DESILVA, PRATIBHA OR MAHI… P17603-(UNCLAIMED PROPER… 03/12/2026 REFUND DEPOSIT - P17603, P… 011-0000-2301 241.25 Vendor DESILVA01 - DESILVA, PRATIBHA OR MAHINDA Total: 1,996.25 Vendor: DIAMOND01 - DIAMOND QUALITY PRINTING INC.

DIAMOND QUALITY PRINTING …42510 03/06/2026 LAH NEWS LETTER & MAIL SV… 011-1000-6304 7,273.12 Vendor DIAMOND01 - DIAMOND QUALITY PRINTING INC. Total: 7,273.12 Vendor: ADAMS01 - EARL ADAMS TILE-COPING & PLASTERING, INC.

EARL ADAMS TILE-COPING & … BLD20-0369 (MEP) 02/03/2026 BLD20-0369 MEP FEES REFUND 011-3200-6128 2,438.00 EARL ADAMS TILE-COPING & … BLD20-0408 (MEP&BUILDING) 03/06/2026 BLD20-0408 BUILDING FEES R… 011-3200-6128 731.00 EARL ADAMS TILE-COPING & … BLD20-0408 (MEP&BUILDING) 03/06/2026 BLD20-0408 MEP FEES REFUND 011-3200-6128 1,124.00 EARL ADAMS TILE-COPING & … BLD21-0189 (MEP&BUILDING) 03/06/2026 BLD21-0189 BUILDING FEES R… 011-3200-6128 907.00 EARL ADAMS TILE-COPING & … BLD21-0189 (MEP&BUILDING) 03/06/2026 BLD21-0189 MEP FEES REFUND 011-3200-6128 1,395.00 EARL ADAMS TILE-COPING & … BLD21-0198 (MEP&BUILDING) 03/06/2026 BLD21-0198 BUILDING FEES R… 011-3200-6128 521.00 EARL ADAMS TILE-COPING & … BLD21-0198 (MEP&BUILDING) 03/06/2026 BLD21-0198 MEP FEES REFUND 011-3200-6128 802.00 EARL ADAMS TILE-COPING & … BLD21-0246 (MEP&BUILDING) 03/06/2026 BLD 21-0246 MEP FEES REFU… 011-3200-6128 1,227.00 EARL ADAMS TILE-COPING & … BLD21-0246 (MEP&BUILDING) 03/06/2026 BLD 21-0246 BUILDING FEES R…011-3200-6128 798.00 EARL ADAMS TILE-COPING & … BLD21-0291 (MEP&BUILDING) 03/06/2026 BLD21-0291 MEP FEES REFUND 011-3200-6128 2,670.00 EARL ADAMS TILE-COPING & … BLD21-0291 (MEP&BUILDING) 03/06/2026 BLD21-0291 BUILDING FEES R… 011-3200-6128 1,735.00 EARL ADAMS TILE-COPING & … BLD21-0372 (MEP&BUILDING) 03/06/2026 BLD21-0372 BUILDING FEES R… 011-3200-6128 835.00 EARL ADAMS TILE-COPING & … BLD21-0372 (MEP&BUILDING) 03/06/2026 BLD21-0372 MEP FEES REFUND 011-3200-6128 1,285.00 EARL ADAMS TILE-COPING & … BLD21-0374 (MEP&BUILDING) 03/06/2026 BLD21-0374 BUILDING FEES R… 011-3200-6128 648.00 EARL ADAMS TILE-COPING & … BLD21-0374 (MEP&BUILDING) 03/06/2026 BLD21-0374 MEP FEES REFUND 011-3200-6128 998.00 EARL ADAMS TILE-COPING & … BLD21-0510 (MEP&BUILDING) 03/06/2026 BLD21-0510 BUILDING FEES R… 011-3200-6128 863.00 EARL ADAMS TILE-COPING & … BLD21-0510 (MEP&BUILDING) 03/06/2026 BLD21-0510 MEP FEES REFUND 011-3200-6128 1,328.00 EARL ADAMS TILE-COPING & … BLD21-0589 (MEP&BUILDING) 03/06/2026 BLDZ1-0589 BUILDING FEES R… 011-3200-6128 494.00 EARL ADAMS TILE-COPING & … BLD21-0589 (MEP&BUILDING) 03/06/2026 BLDZ1-0589 MEP FEES REFUND 011-3200-6128 760.00 Vendor ADAMS01 - EARL ADAMS TILE-COPING & PLASTERING, INC. Total: 21,559.00 Vendor: SIGNIFICANT95125 - ECAPITAL COMMERCIAL FINANCE GROUP ECAPITAL COMMERCIAL FINA… 106361 03/10/2026 Little League 011-5100-6123 450.00 ECAPITAL COMMERCIAL FINA… 106361 03/10/2026 Multipurpose Room 011-5100-6123 206.00 ECAPITAL COMMERCIAL FINA… 106361 03/10/2026 Westwind Barn 011-5300-6123 445.00 Vendor SIGNIFICANT95125 - ECAPITAL COMMERCIAL FINANCE GROUP Total: 1,101.00 Vendor: EINFALT94022 - EINFALT, CODY
EINFALT, CODY 2.13.26 03/10/2026 CAL CITIES CONFERENCE 2/10… 011-1200-6308 322.00 Vendor EINFALT94022 - EINFALT, CODY Total: 322.00
Vendor: EOA94612 - EOA, INC.

EOA, INC. LAH001-1125 03/04/2026 12/2025 ADMIN FEE CONTRA… 011-0000-2301 8.13 EOA, INC. LAH001-1125 03/04/2026 12/2025 ADMIN FEE CONTRA… 011-0000-2301 50.65 EOA, INC. LAH001-1125 03/04/2026 12/2025 BILLABLE CONTRACT …011-0000-2301 81.25 EOA, INC. LAH001-1125 03/04/2026 12/2025 ADMIN FEE CONTRA… 011-0000-2301 130.15 EOA, INC. LAH001-1125 03/04/2026 12/2025 ADMIN FEE CONTRA… 011-0000-2301 283.23 EOA, INC. LAH001-1125 03/04/2026 12/2025 BILLABLE CONTRACT …011-0000-2301 1,301.50 EOA, INC. LAH001-1125 03/04/2026 12/2025 BILLABLE CONTRACT …011-0000-2301 2,832.25 EOA, INC. LAH001-1125 03/04/2026 12/2025 BILLABLE CONTRACT …011-0000-2301 506.50 EOA, INC. LAH001-1125 03/04/2026 12/2025 RECOG ADMIN FEE C… 011-0000-4685 -283.23 EOA, INC. LAH001-1125 03/04/2026 12/2025 RECOG ADMIN FEE C… 011-0000-4685 -130.15 EOA, INC. LAH001-1125 03/04/2026 12/2025 RECOG ADMIN FEE C… 011-0000-4685 -8.13 EOA, INC. LAH001-1125 03/04/2026 12/2025 RECOG ADMIN FEE C… 011-0000-4685 -50.65 EOA, INC. LAH001-1125 03/04/2026 12/2025 PASSTHRU REV CON… 011-3300-4705 -506.50 EOA, INC. LAH001-1125 03/04/2026 12/2025 PASSTHRU REV CON… 011-3300-4705 -81.25 EOA, INC. LAH001-1125 03/04/2026 12/2025 PASSTHRU REV CON… 011-3300-4705 -1,301.50 EOA, INC. LAH001-1125 03/04/2026 12/2025 PASSTHRU REV CON… 011-3300-4705 -2,832.25 EOA, INC. LAH001-1125 03/04/2026 12/2025 PASSTHRU EXP CON… 011-3300-6179 2,832.25 EOA, INC. LAH001-1125 03/04/2026 12/2025 PASSTHRU EXP CON… 011-3300-6179 506.50 EOA, INC. LAH001-1125 03/04/2026 12/2025 PASSTHRU EXP CON… 011-3300-6179 1,301.50 EOA, INC. LAH001-1125 03/04/2026 12/2025 PASSTHRU EXP CON… 011-3300-6179 81.25 EOA, INC. LAH002-1225 03/06/2026 12/2025 ADMIN FEE CONTRA… 011-0000-2301 166.15 EOA, INC. LAH002-1225 03/06/2026 12/2025 BILLABLE CONTRACT …011-0000-2301 1,661.50 EOA, INC. LAH002-1225 03/06/2026 12/2025 RECOG ADMIN FEE C… 011-0000-4685 -166.15 EOA, INC. LAH002-1225 03/06/2026 12/2025 PASSTHRU REV CON… 011-3300-4705 -1,661.50

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Expense Approval Report Payment Dates: 3/1/2026 - 3/31/2026 4/21/2026 3:10:45 PM Page 6 of 19
Vendor Name Payable Number Post Date Description (Item) Account Number Amount EOA, INC. LAH002-1225 03/06/2026 12/2025 PASSTHRU EXP CON… 011-3300-6179 1,661.50 Vendor EOA94612 - EOA, INC. Total: 6,383.00
Vendor: CODISPOTI01 - FRANCES CODISPOTI
FRANCES CODISPOTI BLD21-0090 (MEP&BUILDING) 03/06/2026 BLD 21-0090 MEM FEES REFU… 011-3200-6128 630.00 FRANCES CODISPOTI BLD21-0090 (MEP&BUILDING) 03/06/2026 BLD 21-0090 BUILDING FEES R…011-3200-6128 410.00 Vendor CODISPOTI01 - FRANCES CODISPOTI Total: 1,040.00
Vendor: FRANK94545 - FRANK AND GROSSMAN LANDSCAPE CONTRACTORS INC FRANK AND GROSSMAN LAN… 40126 03/02/2026 Landscape Maint Svcs Fremon…011-4740-6125 1,204.00 FRANK AND GROSSMAN LAN… 40126 03/02/2026 Landscape Maint Svcs-Arastra… 011-4740-6125 602.00 FRANK AND GROSSMAN LAN… 40126 03/02/2026 Landscape Maint Svcs Foothill… 011-4740-6125 1,054.00 FRANK AND GROSSMAN LAN… 40126 03/02/2026 Landscape Maint Svcs Edith P… 011-5100-6122 1,054.00 FRANK AND GROSSMAN LAN… 40126 03/02/2026 Landscape Maint Svcs Westwi… 011-5300-6122 1,204.00 Vendor FRANK94545 - FRANK AND GROSSMAN LANDSCAPE CONTRACTORS INC Total: 5,118.00 Vendor: GAGE01 - GAGE RACHEL AND F HOWARD TRUSTEE
GAGE RACHEL AND F HOWAR… BLD20-0521(MEP&BUILDING) 02/04/2026 BLD20-0521 BUILDING PERMIT…011-3200-6128 431.00 GAGE RACHEL AND F HOWAR… BLD20-0521(MEP&BUILDING) 02/04/2026 BLD20-0521 MEP PERMIT REF… 011-3200-6128 664.00 Vendor GAGE01 - GAGE RACHEL AND F HOWARD TRUSTEE Total: 1,095.00 Vendor: GLOBUS01 - GLOBUS BUILDERS
GLOBUS BUILDERS BLP20-0448 03/06/2026 REFUND DEPOSIT - 15466 VIS… 011-0000-2303 855.00 Vendor GLOBUS01 - GLOBUS BUILDERS Total: 855.00
Vendor: GRAINGER60038 - GRAINGER
GRAINGER 9817558761 03/02/2026 LOCK BOX, TITANIUM, PUSH … 011-5300-6118 51.99 GRAINGER 9836986068 03/10/2026 ASPHALT AND CONCRETE PAT… 011-4600-6149 1,614.46 Vendor GRAINGER60038 - GRAINGER Total: 1,666.45
Vendor: GRANICUS95161 - GRANICUS, INC.

GRANICUS, INC. 220224 03/13/2026 DisclosureDocs Ethics Mainte… 011-1300-6209 835.62 Vendor GRANICUS95161 - GRANICUS, INC. Total: 835.62
Vendor: GREEN95112 - GREENWASTE RECOVERY INC
GREENWASTE RECOVERY INC GWR00000159 03/11/2026 Billing for Nov. 2025 011-0000-1110 6,152.54 GREENWASTE RECOVERY INC GWR00000165 03/11/2026 Billing for Dec. 2025 011-0000-1110 5,609.84 GREENWASTE RECOVERY INC GWR00000224 03/11/2026 Billing for Feb 26 011-0000-1110 5,492.08 Vendor GREEN95112 - GREENWASTE RECOVERY INC Total: 17,254.46 Vendor: RALPH02 - HARNETT RALPH H AND SARAH E TRUSTEE
HARNETT RALPH H AND SARA… BLD22-0035 (MEP&BUILDING) 03/06/2026 BLD22-0035 MEP FEES REFUND 011-3200-6128 1,062.00 HARNETT RALPH H AND SARA… BLD22-0035 (MEP&BUILDING) 03/06/2026 BLD22-0035 BUILDING FEES R… 011-3200-6128 691.00 Vendor RALPH02 - HARNETT RALPH H AND SARAH E TRUSTEE Total: 1,753.00 Vendor: HARRELL02 - HARRELL REMODELING, INC.

HARRELL REMODELING, INC. BLD21-0329 (MEP&BUILDING) 03/06/2026 BLD21-0329 BUILDING FEES R… 011-3200-6128 1,258.00 HARRELL REMODELING, INC. BLD21-0329 (MEP&BUILDING) 03/06/2026 BLD21-0329 MEP FEES REFUND 011-3200-6128 1,935.00 HARRELL REMODELING, INC. BLD21-0564 (MEP&BUILDING) 03/06/2026 BLD21-0564 BUILDING FEES R… 011-3200-6128 2,340.00 HARRELL REMODELING, INC. BLD21-0564 (MEP&BUILDING) 03/06/2026 BLD21-0564 MEP FEES REFUND 011-3200-6128 3,600.00 Vendor HARRELL02 - HARRELL REMODELING, INC. Total: 9,133.00 Vendor: HAYWARD93901 - HAYWARD LUMBER
HAYWARD LUMBER 1220931 02/11/2026 CORP YARD SUPPLIES 2/11/26 011-4740-6341 479.92 HAYWARD LUMBER 1241152 03/03/2026 BUILDING MATERIALS FOR CO…011-4600-6149 721.25 Vendor HAYWARD93901 - HAYWARD LUMBER Total: 1,201.17
Vendor: HOGAN - HOGAN & PINCKNEY INC.

HOGAN & PINCKNEY INC. BLD20-0419 (MEP) 03/06/2026 BLD20-0419 MEP FEES REFUND 011-3200-6128 4,680.00 Vendor HOGAN - HOGAN & PINCKNEY INC. Total: 4,680.00
Vendor: HORIZON01 - HORIZON DISTRIBUTORS INC.

HORIZON DISTRIBUTORS INC. 1N664066 03/19/2026 MAINT. TOOLS SUPPLIES 3/19… 011-5100-6122 1,339.04 Vendor HORIZON01 - HORIZON DISTRIBUTORS INC. Total: 1,339.04 Vendor: INTERSTATE94070 - INTERSTATE TRAFFIC CONTROL PRODUCTS, INC.

INTERSTATE TRAFFIC CONTRO…274437 02/04/2026 2" CLAMP-ON U BRACKET 100… 011-4600-6341 2,237.81 INTERSTATE TRAFFIC CONTRO…274642 03/06/2026 SIGN-PARKING, X-PIECE FLAT, …011-4600-6341 2,171.09 Vendor INTERSTATE94070 - INTERSTATE TRAFFIC CONTROL PRODUCTS, INC. Total: 4,408.90

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Vendor Name Payable Number Post Date Description (Item) Account Number Amount Vendor: IXP01 - IXP, LLC
IXP, LLC 1100 03/18/2026 Rplce dual port C/Pnt station… 011-5100-6199 4,000.00 Vendor IXP01 - IXP, LLC Total: 4,000.00
Vendor: KAGOLANU02 - KAGOLANU KISHORE R AND TALAGADADEEVI SAILAJ KAGOLANU KISHORE R AND T… BLD20-0057 (MEP) 03/06/2026 BLD20-0057 MEP FEES REFUND 011-3200-6128 7,126.00 Vendor KAGOLANU02 - KAGOLANU KISHORE R AND TALAGADADEEVI SAILAJ Total: 7,126.00 Vendor: KHANNA01 - KHANNA, RAJESH and GUPTA ALKA
KHANNA, RAJESH and GUPTA … BLD20-0289 (MEP) 03/06/2026 BLD20-0289 MEP FEES REFUND 011-3200-6128 1,824.00 Vendor KHANNA01 - KHANNA, RAJESH and GUPTA ALKA Total: 1,824.00 Vendor: KMVT01 - KMVT
KMVT 387 03/03/2026 2/26 Mnthly budgeted fr CCo… 011-1100-6312 3,720.00 Vendor KMVT01 - KMVT Total: 3,720.00
Vendor: LCC-SACRAMENTO - LEAGUE OF CALIFORNIA CITIES
LEAGUE OF CALIFORNIA CITIES 1823 03/03/2026 Membership dues for Peninsu…011-1100-6302 500.00 Vendor LCC-SACRAMENTO - LEAGUE OF CALIFORNIA CITIES Total: 500.00 Vendor: LEXTERRA01 - LEXTERRA LLC
LEXTERRA LLC BLD21-0425 (MEP&BUILDING) 03/06/2026 BLD21-0425 MEP FEES REFUND 011-3200-6128 24,563.00 LEXTERRA LLC BLD21-0425 (MEP&BUILDING) 03/06/2026 BLD21-0425 BUILDING FEES R… 011-3200-6128 15,966.00 LEXTERRA LLC BLD21-0426 (MEP&BUILDING) 03/06/2026 BLD 21 - 0426 BUILDING FEES … 011-3200-6128 1,433.00 LEXTERRA LLC BLD21-0426 (MEP&BUILDING) 03/06/2026 BLD 21 - 0426 MEP FEES REF… 011-3200-6128 2,205.00 Vendor LEXTERRA01 - LEXTERRA LLC Total: 44,167.00
Vendor: LAHCLUB - LOS ALTOS HILLS CLUB
LOS ALTOS HILLS CLUB 03.05.2026 03/06/2026 2026 STATE OF THE TOWN LU… 011-1100-6361 301.00 Vendor LAHCLUB - LOS ALTOS HILLS CLUB Total: 301.00
Vendor: LUNG01 - LUNG, LI-HWA
LUNG, LI-HWA BLD20-0548 (MEP&BUILDING) 03/06/2026 BLD20-0548 MEP FEES REFUND 011-3200-6128 2,880.00 LUNG, LI-HWA BLD20-0548 (MEP&BUILDING) 03/06/2026 BLD20-0548 BUILDING FEES R… 011-3200-6128 1,872.00 Vendor LUNG01 - LUNG, LI-HWA Total: 4,752.00
Vendor: LYNX95010 - LYNX TECHNOLOGIES, INC.

LYNX TECHNOLOGIES, INC. 10571 02/04/2026 GIS Professional Services in Ja… 011-3100-6313 3,318.75 LYNX TECHNOLOGIES, INC. 10588 03/05/2026 PROF SERVICES FOR FEB-2026 011-3100-6313 1,275.00 Vendor LYNX95010 - LYNX TECHNOLOGIES, INC. Total: 4,593.75 Vendor: LENZ01 - MARIAN LENZ TRUSTEE & ET AL
MARIAN LENZ TRUSTEE & ET … BLD20-0322 (MEP) 03/06/2026 BLD20-0322 MEP FEES REFUND 011-3200-6128 1,644.00 Vendor LENZ01 - MARIAN LENZ TRUSTEE & ET AL Total: 1,644.00 Vendor: KEAR94306 - MARY KEAR
MARY KEAR 02.06.2026 03/03/2026 Picnic Rentals 011-4120-6361 16,835.50 Vendor KEAR94306 - MARY KEAR Total: 16,835.50
Vendor: YHUHKIM01 - MATHEW YHUH, SARA G KIM
MATHEW YHUH, SARA G KIM BLD21-0114 (MEP&BUILDING) 03/06/2026 BLD21-0114 BUILDING FEES R… 011-3200-6128 4,505.00 MATHEW YHUH, SARA G KIM BLD21-0114 (MEP&BUILDING) 03/06/2026 BLD21-0114 MEP FEES REFUND 011-3200-6128 6,930.00 Vendor YHUHKIM01 - MATHEW YHUH, SARA G KIM Total: 11,435.00 Vendor: NIMISH01 - MEHTA NIMISH AND ANITA TRUSTEE
MEHTA NIMISH AND ANITA T… BLD21-0485 (MEP) 03/06/2026 BLD21-0485 MEP FEES REFUND 011-3200-6128 1,149.00 Vendor NIMISH01 - MEHTA NIMISH AND ANITA TRUSTEE Total: 1,149.00 Vendor: MUNICIPAL95818 - MUNICIPAL MANAGEMENT ASSOCIATION OF NORTHERN CALIFORNIA MUNICIPAL MANAGEMENT A… #14194 03/06/2026 Membership Renewal-Full M… 011-1200-6302 95.00 Vendor MUNICIPAL95818 - MUNICIPAL MANAGEMENT ASSOCIATION OF NORTHERN CALIFORNIA Total: 95.00 Vendor: NEXCAPITAL01 - NEX CAPITAL DEVELOPMENT, LLC
NEX CAPITAL DEVELOPMENT, … BLD20-0361 (MEP&BUILDING) 03/06/2026 BLD20-0361 BUILDING FEES R… 011-3200-6128 3,138.00 NEX CAPITAL DEVELOPMENT, … BLD20-0361 (MEP&BUILDING) 03/06/2026 BLD20-0361 MEP FEES REFUND 011-3200-6128 7,875.00 Vendor NEXCAPITAL01 - NEX CAPITAL DEVELOPMENT, LLC Total: 11,013.00 Vendor: PGE95899 - P G & E
P G & E 4405682412-9 (2.19.26) 03/09/2026 4403326121-Traffic Control Se…011-4600-6363 22.85 P G & E 4405682412-9 (2.19.26) 03/09/2026 4402054371-Traffic Control @…011-4600-6363 17.58

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Vendor Name Payable Number Post Date Description (Item) Account Number Amount P G & E 4405682412-9 (2.19.26) 03/09/2026 4405844999-Traffic Control Se…011-4600-6363 59.27 P G & E 4405682412-9 (2.19.26) 03/09/2026 4405682213-26379 Fremont … 011-4600-6363 67.30 P G & E 4405682412-9 (2.19.26) 03/09/2026 4401266601-Traffic Control @…011-4600-6363 83.40 P G & E 4405682412-9 (2.19.26) 03/09/2026 4405272653-Traffic Control Se…011-4600-6363 11.32 P G & E 4405682412-9 (2.19.26) 03/09/2026 4401767901-Traffic Control Se…011-4600-6363 103.70 P G & E 4405682412-9 (2.19.26) 03/09/2026 7451396002-26379 Fremont … 011-4600-6363 105.73 P G & E 4405682412-9 (2.19.26) 03/09/2026 4402680322-27535 Purissima… 011-5100-6363 144.84 P G & E 4405682412-9 (2.19.26) 03/09/2026 4405682318-27535 Purissima… 011-5100-6363 661.69 Vendor PGE95899 - P G & E Total: 1,277.68
Vendor: PACIFIC92806 - PACIFIC PRODUCTS AND SERVICES LLC PACIFIC PRODUCTS AND SERV… 37695 03/02/2026 MULTI USE TRAIL SIGNS 18X18…011-4740-6341 563.25 Vendor PACIFIC92806 - PACIFIC PRODUCTS AND SERVICES LLC Total: 563.25 Vendor: PALAMERICAN33716 - PALAMERICAN SECURITY (SILICON VALLEY) INC PALAMERICAN SECURITY (SILI… 180347 02/07/2026 Residential Patrol Services 011-2100-6199 17,328.60 PALAMERICAN SECURITY (SILI… 183416 03/03/2026 Residential Patrol Services 011-2100-6199 17,364.78 PALAMERICAN SECURITY (SILI… 185762 03/18/2026 Residential Patrol Services 011-2100-6199 16,389.00 Vendor PALAMERICAN33716 - PALAMERICAN SECURITY (SILICON VALLEY) INC Total: 51,082.38 Vendor: STATCOMM01 - PERFORMANCE SYSTEMS INTEGRATION, INC.

PERFORMANCE SYSTEMS INT… 3879217 03/06/2026 Truck Charge 011-5300-6118 125.00 PERFORMANCE SYSTEMS INT… 3879217 03/06/2026 Alarm mA 011-5300-6118 482.00 Vendor STATCOMM01 - PERFORMANCE SYSTEMS INTEGRATION, INC. Total: 607.00 Vendor: JACKSON04 - PETER JACKSON
PETER JACKSON BLD23-0477 03/10/2026 REFUND DEPOSIT - 13800 BAR…011-0000-2303 900.00 Vendor JACKSON04 - PETER JACKSON Total: 900.00
Vendor: V0980 - PURISSIMA HILLS WATER
PURISSIMA HILLS WATER FEBRUARY-26 (02/02/26-03/0… 03/04/2026 JAN2026-3400-26379 W Frem…011-4740-6364 376.00 PURISSIMA HILLS WATER FEBRUARY-26 (02/02/26-03/0… 03/04/2026 FEB2026-4643-Arastradero C2…011-4740-6364 45.42 PURISSIMA HILLS WATER FEBRUARY-26 (02/02/26-03/0… 03/04/2026 FEB2026-4523-Fremont Road … 011-4740-6364 59.26 PURISSIMA HILLS WATER FEBRUARY-26 (02/02/26-03/0… 03/04/2026 FEB2026-2493-Stonebrook Av… 011-5100-6364 93.86 PURISSIMA HILLS WATER FEBRUARY-26 (02/02/26-03/0… 03/04/2026 FEB2026-2500-Little League Fi…011-5100-6364 883.63 Vendor V0980 - PURISSIMA HILLS WATER Total: 1,458.17
Vendor: REDWOOD94607 - REDWOOD PUBLIC LAW, LLP
REDWOOD PUBLIC LAW, LLP 18802 01/31/2026 LABOR & EMPLOYMENT LEGAL…011-1500-6112 3,196.19 REDWOOD PUBLIC LAW, LLP 18803 01/31/2026 LINEBARGER V TOWN OF LOS … 011-1500-6112 3,658.15 REDWOOD PUBLIC LAW, LLP 18805 01/31/2026 MICHAEL GRADY V TOWN OF … 011-1500-6112 1,186.97 REDWOOD PUBLIC LAW, LLP 18806 01/31/2026 SB 9 IMPLEMENTATION ORDI… 011-3100-6111 290.60 REDWOOD PUBLIC LAW, LLP 18807 01/31/2026 SHIELD COALITION BROWN A… 011-1500-6112 33,249.02 REDWOOD PUBLIC LAW, LLP 17637 02/18/2026 13861,13880,13891 CICERONI…011-3100-6177 90.64 REDWOOD PUBLIC LAW, LLP 18804 03/02/2026 Monthly Basic General Counse…011-1500-6201 14,777.00 REDWOOD PUBLIC LAW, LLP 18036 03/06/2026 11/2025 BILLABLE LEGAL EGAL…011-0000-2301 135.96 REDWOOD PUBLIC LAW, LLP 18036 03/06/2026 11/2025 ADMIN FEE LEGAL E… 011-0000-2301 13.60 REDWOOD PUBLIC LAW, LLP 18036 03/06/2026 11/2025 RECOG ADMIN FEE L… 011-0000-4685 -13.60 REDWOOD PUBLIC LAW, LLP 18036 03/06/2026 11/2025 PASSTHRU REV LEGAL…011-3100-4702 -135.96 REDWOOD PUBLIC LAW, LLP 18036 03/06/2026 11/2025 PASSTHRU EXP LEGAL…011-3100-6177 135.96 REDWOOD PUBLIC LAW, LLP 19457 03/10/2026 LINEBARGER V. TOWN LAH 011-1500-6112 37,322.17 REDWOOD PUBLIC LAW, LLP 19459 03/10/2026 MICHAEL GRADY V. TOWN OF …011-1500-6112 3,963.15 REDWOOD PUBLIC LAW, LLP 19461 03/10/2026 TO SHIELD COALITION BROWN…011-1500-6112 7,126.98 REDWOOD PUBLIC LAW, LLP 19458 03/18/2026 Monthly Basic General Counse…011-1500-6201 14,777.00 Vendor REDWOOD94607 - REDWOOD PUBLIC LAW, LLP Total: 119,773.83 Vendor: REED03 - REED & GRAHAM INC.

REED & GRAHAM INC. 129796 03/09/2026 Corp yard maint. supplies 3/9… 011-4600-6149 229.45 REED & GRAHAM INC. 129594 03/10/2026 STRAW WATTLE "BIONET" 8"X…011-4600-6149 1,028.78 REED & GRAHAM INC. 129948 03/18/2026 ASPHALT 1/2 MEDIUM 011-4600-6149 258.40 Vendor REED03 - REED & GRAHAM INC. Total: 1,516.63
Vendor: RENNE01 - RENNE PUBLIC LAW GROUP, LLP
RENNE PUBLIC LAW GROUP, L… 16026 03/06/2026 RPMG LAH 2026 GOAL SETTI… 011-1100-6199 1,200.00

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Vendor Name Payable Number Post Date Description (Item) Account Number Amount RENNE PUBLIC LAW GROUP, L… 16296 03/20/2026 Linebarger v. Town of Los Alto…011-1500-6112 1,805.00 Vendor RENNE01 - RENNE PUBLIC LAW GROUP, LLP Total: 3,005.00 Vendor: VOSS95014 - RICH VOSS TRUCKING INC.

RICH VOSS TRUCKING INC. 72878 03/10/2026 SCQ/12051 STONEBROOK DR … 011-4600-6149 1,136.00 Vendor VOSS95014 - RICH VOSS TRUCKING INC. Total: 1,136.00 Vendor: VASAN01 - ROBERT VASAN
ROBERT VASAN BLD24-0063 03/06/2026 REFUND DEPOSIT - 13300 BU… 011-0000-2303 971.10 Vendor VASAN01 - ROBERT VASAN Total: 971.10
Vendor: MARKIN01 - ROSEMARIE A., BARRY B. MIRKIN
ROSEMARIE A., BARRY B. MIRK…BLD20-0314 (MEP&BUILDING) 03/06/2026 BLD20-0314 MEP FEES REFUND 011-3200-6128 4,680.00 ROSEMARIE A., BARRY B. MIRK…BLD20-0314 (MEP&BUILDING) 03/06/2026 BLD20-0314 BUILDING FEES R… 011-3200-6128 3,042.00 Vendor MARKIN01 - ROSEMARIE A., BARRY B. MIRKIN Total: 7,722.00 Vendor: ROYAL01 - ROYAL POOLS OF SANTA CLARA INC
ROYAL POOLS OF SANTA CLA… BLD21-0280 (MEP&BUILDING) 03/06/2026 BLD21-0280 BUILDING FEES R… 011-3200-6128 819.00 ROYAL POOLS OF SANTA CLA… BLD21-0280 (MEP&BUILDING) 03/06/2026 BLD21-0280 MEP FEES REFUND 011-3200-6128 1,260.00 Vendor ROYAL01 - ROYAL POOLS OF SANTA CLARA INC Total: 2,079.00 Vendor: HEIDARI02 - SAM HEIDARI
SAM HEIDARI BLD20-0529 (MEP&BUILDING) 03/06/2026 BLD 20-0529 BUIDING FEES RE…011-3200-6128 1,521.00 SAM HEIDARI BLD20-0529 (MEP&BUILDING) 03/06/2026 BLD 20-0529 MEP FEES REFU… 011-3200-6128 2,340.00 Vendor HEIDARI02 - SAM HEIDARI Total: 3,861.00
Vendor: SANJAI01 - SANJAI PARTHASARATHI
SANJAI PARTHASARATHI BLD20-0572 (MEP-BUILDING) 03/06/2026 BLD20-0572 BUILDING FEES R… 011-3200-6128 702.00 SANJAI PARTHASARATHI BLD20-0572 (MEP-BUILDING) 03/06/2026 BLD20-0572 MEP FEES REFUND 011-3200-6128 1,080.00 Vendor SANJAI01 - SANJAI PARTHASARATHI Total: 1,782.00
Vendor: SCCSHERIFF - SANTA CLARA COUNTY SHERIFF'S DEPT
SANTA CLARA COUNTY SHERI… 1800097441 03/10/2026 Services for Mar 2026 011-2100-6152 229,605.50 Vendor SCCSHERIFF - SANTA CLARA COUNTY SHERIFF'S DEPT Total: 229,605.50 Vendor: MARKOVICH01 - SLAVIK AND MARIANA MARKOVICH
SLAVIK AND MARIANA MARK… BLD20-0465 (MEP&BUILDING) 02/03/2026 BLD20-0465 MEP FEES REFUND 011-3200-6128 1,530.00 SLAVIK AND MARIANA MARK… BLD20-0465 (MEP&BUILDING) 02/03/2026 BLD20-0465 BUILDING FEES R… 011-3200-6128 995.00 Vendor MARKOVICH01 - SLAVIK AND MARIANA MARKOVICH Total: 2,525.00 Vendor: LIM03 - STEVE LIM AND SHIVA SHEIKHOLESLAM
STEVE LIM AND SHIVA SHEIK… BLD21-0119 (MEP&BUILDING) 03/06/2026 BLD21-0119 MEP FEES REFUND 011-3200-6128 16,830.00 STEVE LIM AND SHIVA SHEIK… BLD21-0119 (MEP&BUILDING) 03/06/2026 BLD21-0119 BUILDING FEES R… 011-3200-6128 10,940.00 STEVE LIM AND SHIVA SHEIK… BLD21-0120 (MEP&BUILDING) 03/06/2026 BLD21-0120 MEP FEES REFUND 011-3200-6128 2,970.00 STEVE LIM AND SHIVA SHEIK… BLD21-0120 (MEP&BUILDING) 03/06/2026 BLD21-0120 BUILDING FEES R… 011-3200-6128 1,931.00 Vendor LIM03 - STEVE LIM AND SHIVA SHEIKHOLESLAM Total: 32,671.00 Vendor: WU10 - STEVEN WU
STEVEN WU SD21-0015 03/06/2026 REFUND DEPOSIT - 24151 DA… 011-0000-2301 5,000.00 Vendor WU10 - STEVEN WU Total: 5,000.00
Vendor: STEVENS95014 - STEVENS CREEK QUARRY
STEVENS CREEK QUARRY 1159947 03/18/2026 ALL MATERIALS AND DUMPIN… 011-4500-6142 770.68 STEVENS CREEK QUARRY 1159947 03/18/2026 ALL MATERIALS AND DUMPIN… 011-4600-6149 2,655.32 STEVENS CREEK QUARRY 1159947 03/18/2026 ALL MATERIALS AND DUMPIN… 011-4740-6125 303.15 Vendor STEVENS95014 - STEVENS CREEK QUARRY Total: 3,729.15 Vendor: SUPERION60693 - SUPERION, LLC
SUPERION, LLC 456349 03/02/2026 Alexis Goline Proj Mgmt 1/4/2…011-3200-6313 90.00 Vendor SUPERION60693 - SUPERION, LLC Total: 90.00
Vendor: SWAN02 - SWAN, LINDA
SWAN, LINDA 11.22.25 03/06/2026 NATIONAL LEAGUE OF CITIES … 011-1100-6308 1,411.02 Vendor SWAN02 - SWAN, LINDA Total: 1,411.02
Vendor: BARTLETT01 - THE F.A. BARTLETT TREE EXPERT COMPANY THE F.A. BARTLETT TREE EXPE… 43325387 03/02/2026 CONSULTING ARBORIST BLUE… 011-4600-6124 180.00 Vendor BARTLETT01 - THE F.A. BARTLETT TREE EXPERT COMPANY Total: 180.00

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Vendor Name Payable Number Post Date Description (Item) Account Number Amount Vendor: TRIPEPI01 - TRIPEPI, SMITH AND ASSOCIATES, INC
TRIPEPI, SMITH AND ASSOCIA… 16552 02/15/2026 Communication and Graphic … 011-1100-6199 1,507.00 Vendor TRIPEPI01 - TRIPEPI, SMITH AND ASSOCIATES, INC Total: 1,507.00 Vendor: TRS01 - TRS CONSTRUCTION
TRS CONSTRUCTION BLD21-0447 (MEP&BUILDING) 03/06/2026 BLD21-0447 BUILDING FEES R… 011-3200-6128 2,165.00 TRS CONSTRUCTION BLD21-0447 (MEP&BUILDING) 03/06/2026 BLD21-0447 MEM FEES REFU… 011-3200-6128 3,330.00 Vendor TRS01 - TRS CONSTRUCTION Total: 5,495.00
Vendor: CRAFTSMEN95119 - UNITED CRAFTSMEN INC
UNITED CRAFTSMEN INC 12494-A 02/15/2026 Printing of 3,101 "Our Town" … 011-1100-6304 5,125.83 UNITED CRAFTSMEN INC 12497 02/15/2026 Printing of 500 Electric Meter … 011-3200-6301 321.93 Vendor CRAFTSMEN95119 - UNITED CRAFTSMEN INC Total: 5,447.76 Vendor: UNITED85072 - UNITED SITE SERVICES INC
UNITED SITE SERVICES INC INV-5916958 03/02/2026 Rental Charge 2/17-3/16/26 011-5300-6398 64.92 UNITED SITE SERVICES INC INV-5968788 03/17/2026 Rental Charge 3/16-4/13/26 011-5300-6398 64.92 Vendor UNITED85072 - UNITED SITE SERVICES INC Total: 129.84 Vendor: PARS90051 - US BANK PARS ACCOUNT #6746050100
US BANK PARS ACCOUNT #67… 03.18.26 03/18/2026 #6746050100-PENSION TRUST…011-0000-1025 100,000.00 Vendor PARS90051 - US BANK PARS ACCOUNT #6746050100 Total: 100,000.00 Vendor: UTOPIA02 - UTOPIA DESIGN & CONSTRUCTION
UTOPIA DESIGN & CONSTRUC… BLD21-0415 (MEP&BUILDING) 02/03/2026 BLD21-0415 BUILDING PERMIT…011-3200-6128 5,382.00 UTOPIA DESIGN & CONSTRUC… BLD21-0415 (MEP&BUILDING) 02/03/2026 BLD21-0415 MEP PERMIT REF… 011-3200-6128 8,280.00 Vendor UTOPIA02 - UTOPIA DESIGN & CONSTRUCTION Total: 13,662.00 Vendor: VERTICAL01 - VERTICAL CONSULTANTS LLC
VERTICAL CONSULTANTS LLC 21273 03/06/2026 CONSULTING SERVICES 2/28/… 011-1200-6199 1,440.00 Vendor VERTICAL01 - VERTICAL CONSULTANTS LLC Total: 1,440.00 Vendor: BEBEE01 - VICTORIA BEBEE
VICTORIA BEBEE 2026-002 03/03/2026 Emergency Management Plan… 011-1200-6199 8,750.00 Vendor BEBEE01 - VICTORIA BEBEE Total: 8,750.00
Vendor: VDE94041 - VICTORIA DYE EQUESTRIAN, LLC
VICTORIA DYE EQUESTRIAN, L… 02.04.2026 02/04/2026 WestWind Barn Management …011-5300-6199 3,300.00 VICTORIA DYE EQUESTRIAN, L… 2.4.2026 02/04/2026 WestWind Barn Management …011-5300-6199 3,300.00 VICTORIA DYE EQUESTRIAN, L… 3.23.26 03/23/2026 WestWind Barn Management …011-5300-6199 3,300.00 Vendor VDE94041 - VICTORIA DYE EQUESTRIAN, LLC Total: 9,900.00 Vendor: WEI02 - WEI, LEI
WEI, LEI BLD21-0066 (MEP &BUILDING) 02/19/2026 BLD21-0066 MEP FEES REFUND 011-3200-6128 1,575.00 WEI, LEI BLD21-0066 (MEP &BUILDING) 02/19/2026 BLD21-0066 BUILDING FEES R…011-3200-6128 1,024.00 Vendor WEI02 - WEI, LEI Total: 2,599.00
Vendor: WEN01 - WEN LIVING TRUST
WEN LIVING TRUST BLD21-0312 (MEP&BUILDING) 03/06/2026 BLD21-0312 MEP FEES REFUND 011-3200-6128 18,819.00 WEN LIVING TRUST BLD21-0312 (MEP&BUILDING) 03/06/2026 BLD21-0312 BUILDING FEES R… 011-3200-6128 12,232.00 WEN LIVING TRUST BLD21-0313 (MEP&BUILDING) 03/06/2026 BLD21-0313 BUILDING FEES R… 011-3200-6128 1,563.00 WEN LIVING TRUST BLD21-0313 (MEP&BUILDING) 03/06/2026 BLD21-0313 MEP FEES REFUND 011-3200-6128 2,404.00 Vendor WEN01 - WEN LIVING TRUST Total: 35,018.00
Vendor: TMT95131 - WEST COAST SAND AND GRAVEL, INC.

WEST COAST SAND AND GRA… 937693 03/13/2026 PAC BELL 2.0 INFIELD MIX 011-5100-6122 6,857.98 Vendor TMT95131 - WEST COAST SAND AND GRAVEL, INC. Total: 6,857.98 Vendor: KIM01 - WOOJAE KIM
WOOJAE KIM 02.27.26 03/03/2026 CA LEAGUE OF CITIES PUBLIC… 011-3300-6308 642.80 WOOJAE KIM 02.24.2026 03/04/2026 Interview for John Chau at Pho…011-3300-6308 48.21 Vendor KIM01 - WOOJAE KIM Total: 691.01
Vendor: HANAFY01 - YASIR HANAFY
YASIR HANAFY BLD21-0613 (MEP&BUILDING) 03/06/2026 BLD 21- 613 MEP FEES REFUND 011-3200-6128 1,530.00 YASIR HANAFY BLD21-0613 (MEP&BUILDING) 03/06/2026 BLD 21- 613 BUILDING FEES R… 011-3200-6128 995.00 Vendor HANAFY01 - YASIR HANAFY Total: 2,525.00
Vendor: ZIEGLER01 - ZIEGLER, DAVID
ZIEGLER, DAVID BLD21-0405 (MEP&BUILDING) 02/04/2026 BLD21-0405 BUILDING PERMIT…011-3200-6128 7,483.00

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Expense Approval Report Payment Dates: 3/1/2026 - 3/31/2026 4/21/2026 3:10:45 PM Page 11 of 19
Vendor Name Payable Number Post Date Description (Item) Account Number Amount ZIEGLER, DAVID BLD21-0405 (MEP&BUILDING) 02/04/2026 BLD21-0405 MEP PERMIT REF… 011-3200-6128 11,513.00 ZIEGLER, DAVID BLD21-0406 (MEP&BUILDING) 02/04/2026 BLD21 - 0406 (BUILDING) PE… 011-3200-6128 831.00 ZIEGLER, DAVID BLD21-0406 (MEP&BUILDING) 02/04/2026 BLD21 - 0406 (MEP) BUILDING…011-3200-6128 1,279.00 Vendor ZIEGLER01 - ZIEGLER, DAVID Total: 21,106.00
Fund 011 - GENERAL FUND Total: 1,042,813.13
Fund: 031 - SEWER ASSESSMENT DISTRICT
Vendor: BNYMELLON - THE BANK OF NEW YORK MELLON TRUST
THE BANK OF NEW YORK MEL… LOSALTOS2009 3.2.26 03/04/2026 LOAN#LOSALTOS2009 3/2/26… 031-0100-6382 40,281.25 Vendor BNYMELLON - THE BANK OF NEW YORK MELLON TRUST Total: 40,281.25 Fund 031 - SEWER ASSESSMENT DISTRICT Total: 40,281.25
Fund: 041 - GENERAL CIP FUND
Vendor: AMAZON30353 - AMAZON
AMAZON 1KVL-1Y19-FGVF 03/06/2026 CABLE FOR HERITAGE HOUSE … 041-6900-6399 34.84 Vendor AMAZON30353 - AMAZON Total: 34.84
Vendor: DIAMOND01 - DIAMOND QUALITY PRINTING INC.

DIAMOND QUALITY PRINTING …42533 02/18/2026 PATHWAY MAPS 2/18/26 041-6900-6399 2,751.72 Vendor DIAMOND01 - DIAMOND QUALITY PRINTING INC. Total: 2,751.72 Vendor: EATON03 - EATON AND ASSOCIATES
EATON AND ASSOCIATES 93183 03/12/2026 Intune Mobile Device Deploy… 041-6900-6503 9,625.00 Vendor EATON03 - EATON AND ASSOCIATES Total: 9,625.00
Vendor: FLEGEL'S01 - FLEGEL'S HOME FURNISHINGS, INC.

FLEGEL'S HOME FURNISHINGS,…3.24.26 03/24/2026 Grand Trestle Table 25% Rema…041-6900-6399 5,349.41 Vendor FLEGEL'S01 - FLEGEL'S HOME FURNISHINGS, INC. Total: 5,349.41 Vendor: GCAP01 - GCAP SERVICES, INC.

GCAP SERVICES, INC. 26-07705 03/06/2026 Labor Compliance Manager 2/…041-6900-6209 4,537.50 Vendor GCAP01 - GCAP SERVICES, INC. Total: 4,537.50
Vendor: IXP01 - IXP, LLC
IXP, LLC 1104 03/04/2026 REPLACE 8 EXISTING CAMERAS…041-6900-6209 10,000.00 Vendor IXP01 - IXP, LLC Total: 10,000.00
Vendor: LOSALTOSFIBER01 - LOS ALTOS HILLS COMMUNITY FIBER LOS ALTOS HILLS COMMUNITY…LAH-FBP-6 revised 03/12/2026 town Hall&Stonebrook Extens…041-6900-6209 51,768.00 Vendor LOSALTOSFIBER01 - LOS ALTOS HILLS COMMUNITY FIBER Total: 51,768.00 Vendor: MIGHTYMITE01 - MIGHTYMITE TERMITE SERVICES
MIGHTYMITE TERMITE SERVIC…INV-0000015287 03/19/2026 26379 Fremont Rd- Termite 2 041-6900-6209 2,500.00 MIGHTYMITE TERMITE SERVIC…INV-0000015307 03/19/2026 Fremont Rd- Fumigation 2 041-6900-6209 2,957.00 Vendor MIGHTYMITE01 - MIGHTYMITE TERMITE SERVICES Total: 5,457.00 Vendor: MILLER05 - MILLER, TIFFANY
MILLER, TIFFANY 005-10 03/06/2026 CORP YARD LOCKER RM PHAS… 041-6900-6209 412.50 Vendor MILLER05 - MILLER, TIFFANY Total: 412.50
Vendor: SRROSE95030 - S.R.ROSE ENGINEERING INC
S.R.ROSE ENGINEERING INC LAH-135 03/05/2026 Proj Mgmt Svcs Broadband Fi… 041-6900-6199 519.55 S.R.ROSE ENGINEERING INC LAH-142 03/05/2026 PROJ MGMT SVCS EL MONTE F…041-6900-6199 472.32 Vendor SRROSE95030 - S.R.ROSE ENGINEERING INC Total: 991.87 Vendor: WRA01 - WRA, INC.

WRA, INC. 350230-59726 03/06/2026 BACKGRD RESEARCH&BIO RE… 041-6900-6209 3,337.00 Vendor WRA01 - WRA, INC. Total: 3,337.00
Fund 041 - GENERAL CIP FUND Total: 94,264.84
Fund: 042 - PATHWAYS CIP
Vendor: WRA01 - WRA, INC.

WRA, INC. 350230 - 59558 03/06/2026 Environmental Planner II O. NI…042-6900-6209 3,173.17 Vendor WRA01 - WRA, INC. Total: 3,173.17
Fund 042 - PATHWAYS CIP Total: 3,173.17

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Expense Approval Report Payment Dates: 3/1/2026 - 3/31/2026 4/21/2026 3:10:45 PM Page 12 of 19
Vendor Name Payable Number Post Date Description (Item) Account Number Amount Fund: 045 - DRAINAGE CIP
Vendor: CONFLUENCE95060 - CONFLUENCE RESTORATION INC.

CONFLUENCE RESTORATION I… #3821 03/06/2026 Landscape Maintenance Perio…045-6900-6622 2,375.00 Vendor CONFLUENCE95060 - CONFLUENCE RESTORATION INC. Total: 2,375.00 Fund 045 - DRAINAGE CIP Total: 2,375.00
Fund: 048 - SEWER FUND CIP
Vendor: FREYER94401 - FREYER & LAURETA, INC.

FREYER & LAURETA, INC. 26-095 03/06/2026 248009 Los Altos Hills-Sanitary…048-6900-6625 265.00 FREYER & LAURETA, INC. 26-096 03/06/2026 Prepare Annaual Sewer CIP C… 048-6900-6625 2,760.00 FREYER & LAURETA, INC. 26-199 03/12/2026 Prepare Annaual Sewer CIP C… 048-6900-6625 18,961.85 Vendor FREYER94401 - FREYER & LAURETA, INC. Total: 21,986.85 Fund 048 - SEWER FUND CIP Total: 21,986.85
Fund: 051 - SEWER FUND
Vendor: AT&T PO9011 - AT&T
AT&T 000024794314 02/10/2026 9391035739-PURISSIMA/ELE… 051-4800-6362 30.31 AT&T 000024794326 02/10/2026 9391035749-28002 PURISSIM… 051-4800-6362 32.38 AT&T 000024794797 02/10/2026 9391037305-O'KEEFE LN AT … 051-4800-6362 33.38 Vendor AT&T PO9011 - AT&T Total: 96.07
Vendor: LOSALTOS94022 - CITY OF LOS ALTOS
CITY OF LOS ALTOS 102 03/04/2026 Sewer System Billback Q1 FY2… 051-4800-6120 283,021.05 Vendor LOSALTOS94022 - CITY OF LOS ALTOS Total: 283,021.05 Vendor: FUSESERVICE01 - FUSE SERVICE INC.

FUSE SERVICE INC. INV0000455 03/05/2026 Inv#1 5% Town retention 051-0000-2003 -1,450.00 FUSE SERVICE INC. INV0000455 03/05/2026 Inv#2 5% Town retention 051-0000-2003 -5,075.00 Vendor FUSESERVICE01 - FUSE SERVICE INC. Total: -6,525.00 Vendor: LYNX95010 - LYNX TECHNOLOGIES, INC.

LYNX TECHNOLOGIES, INC. 10571 02/04/2026 GIS Professional Services in Ja… 051-4800-6199 131.25 Vendor LYNX95010 - LYNX TECHNOLOGIES, INC. Total: 131.25 Vendor: PGE95899 - P G & E
P G & E 4405682412-9 (2.19.26) 03/09/2026 4405682799-28002 Purissima… 051-4800-6363 159.77 P G & E 4405682412-9 (2.19.26) 03/09/2026 4405682038-O'Keefe Ln @ Do…051-4800-6363 10.35 P G & E 4405682412-9 (2.19.26) 03/09/2026 4405682171-O'Keefe Ln @ Do…051-4800-6363 68.82 P G & E 4405682412-9 (2.19.26) 03/09/2026 4405682799-28002 Purissima… 051-4800-6363 669.11 Vendor PGE95899 - P G & E Total: 908.05
Vendor: V0980 - PURISSIMA HILLS WATER
PURISSIMA HILLS WATER FEBRUARY-26 (02/02/26-03/0… 03/04/2026 FEB2026-3112-Elena & Puriss… 051-4800-6364 63.67 Vendor V0980 - PURISSIMA HILLS WATER Total: 63.67
Vendor: WESTBAY94025 - WEST BAY SANITARY DISTRICT
WEST BAY SANITARY DISTRICT #2025/26-069 03/04/2026 Sewer Maintenance 051-4800-6140 34,516.85 WEST BAY SANITARY DISTRICT #2025/26-065 03/06/2026 Sewer Maintenance 051-4800-6140 45,294.22 Vendor WESTBAY94025 - WEST BAY SANITARY DISTRICT Total: 79,811.07 Fund 051 - SEWER FUND Total: 357,506.16
Fund: 061 - GENERAL SERVICE FUND
Vendor: ALLGUARD01 - ALL-GUARD ALARM SYSTEMS INC
ALL-GUARD ALARM SYSTEMS … A761934 03/24/2026 QSRV QUARTERLY SERVICE For…061-1480-6118 222.24 Vendor ALLGUARD01 - ALL-GUARD ALARM SYSTEMS INC Total: 222.24 Vendor: AMAZON30353 - AMAZON
AMAZON 11JV-HHVJ-FWVM 01/28/2026 3M WorkTunes Connect + AM…061-4300-6325 213.33 AMAZON 1J9C-LTGL-HHTT 02/03/2026 KITCHEN SUPPLIES 2/3/26 061-1480-6398 64.07 AMAZON 1RPT-TXMY-KGMR 02/05/2026 OFFICE SUPPLIES 2/5/26 061-1480-6301 21.70 AMAZON 14RP-H3T6-TTYQ 02/10/2026 KITCHEN SUPPLIES 1/22/26 061-1480-6398 182.24 AMAZON 1CX7-KC9G-LV7F 02/10/2026 KITCHEN SUPPLIES 1/21/26 061-1480-6398 123.78 AMAZON 1V6F-Y6PD-VDG4 02/10/2026 KITCHEN SUPPLIES 2/28/26 061-1480-6398 281.34 AMAZON 1J9C-LTGL-JVNN 02/11/2026 Vibrant Custom Full Color Na… 061-1480-6398 57.25 AMAZON 1TT4-JP3K-HHJ7 02/11/2026 COMPUTER ACCESSORIES 2/3… 061-1480-6314 112.97 AMAZON 113W-GKLQ-K3H3 03/03/2026 OFFICE SUPPLIES 061-1480-6301 34.35

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Vendor Name Payable Number Post Date Description (Item) Account Number Amount AMAZON 11FH-JYHV-CL3C 03/03/2026 Lysol Disinfectant Spray, Hous… 061-1480-6398 47.94 AMAZON 16XC-NTJX-4Q9L 03/03/2026 OFFICE SUPPLIES 061-1480-6301 57.25 AMAZON 1CCP-PTH1-JXCC 03/03/2026 KITCHEN SUPPLIES 11/20/25 061-1480-6398 35.80 AMAZON 1FY1-DKYJ-K7PN 03/03/2026 Amazon Basic Care Extra Stre… 061-1480-6398 18.50 AMAZON 1GXT-QYMJ-4V7L 03/03/2026 OFFICE SUPPLIES 061-1480-6301 68.70 AMAZON 1V96-VPCG-J99V 03/03/2026 CHRISTMAS DECORATION SU… 061-1480-6398 138.58 AMAZON 1VCV-FJP6-MM39 03/03/2026 OFFICE SUPPLIES 12/18/25 061-1480-6301 21.55 AMAZON 1QQH-7JNL-6VV1 03/06/2026 Vibrant Custom Full Color Na… 061-1480-6398 22.90 AMAZON 117F-KVQ3-KKJK 03/24/2026 OFFICE SUPPLIES 2/13/26 061-1480-6302 140.77 Vendor AMAZON30353 - AMAZON Total: 1,643.02
Vendor: ARELLANO94022 - ARELLANO, OSWALDO
ARELLANO, OSWALDO 3/24/2026 03/24/2026 Staff BBQ 3/24/26 061-1480-6361 531.90 Vendor ARELLANO94022 - ARELLANO, OSWALDO Total: 531.90
Vendor: ATTMOBILITY - AT&T MOBILITY
AT&T MOBILITY 287319629759X02102026 03/04/2026 650-823-3362-MAINTENANCE… 061-4300-6362 45.49 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-504-4496-MAINTENANCE… 061-4300-6362 45.49 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-519-8801-MAINTENANCE… 061-4300-6362 50.54 AT&T MOBILITY 287319629759X02102026 03/04/2026 650-531-5123-MAINTENANCE… 061-4300-6362 51.53 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-823-3362-MAINTENANCE… 061-4300-6362 45.49 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-504-4496-MAINTENANCE… 061-4300-6362 45.49 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-531-5123-MAINTENANCE… 061-4300-6362 49.34 AT&T MOBILITY 87319629759X03102026 03/18/2026 650-519-8801-MAINTENANCE… 061-4300-6362 50.54 Vendor ATTMOBILITY - AT&T MOBILITY Total: 383.91
Vendor: AT&T PO9011 - AT&T
AT&T 000024794319 02/10/2026 9391035742-26379 FREMONT…061-1480-6362 1,075.45 AT&T 000024794320 02/10/2026 9391035743-26379 FREMONT…061-1480-6362 31.86 AT&T 000024794323 02/10/2026 9391035746-26379 FREMONT…061-1480-6362 340.99 AT&T 000024794327 02/10/2026 9391035750-27400 PURISSIM… 061-4300-6362 63.20 Vendor AT&T PO9011 - AT&T Total: 1,511.50
Vendor: CHEVRON28272 - CHEVRON AND TEXACO CARD SERVICES CHEVRON AND TEXACO CARD …110505489 03/06/2026 SMALL TOOLS FUEL 1/16/26-2…061-4300-6342 78.76 CHEVRON AND TEXACO CARD …110505489 03/06/2026 FLEETS FUEL /16/26-2/6/26 061-4400-6342 407.79 Vendor CHEVRON28272 - CHEVRON AND TEXACO CARD SERVICES Total: 486.55 Vendor: CINTAS45263 - CINTAS
CINTAS 5323969802 03/16/2026 SERVICE ACKNOWLEDGEMENT…061-4300-6399 147.72 CINTAS 5323969805 03/16/2026 SERVICE ACKNOWLEDGEMEN… 061-1480-6399 112.66 Vendor CINTAS45263 - CINTAS Total: 260.38
Vendor: CINTAS- UNIFORMS - CINTAS CORPORATION
CINTAS CORPORATION 4259416950 02/12/2026 UNIFORMS AND HOUSEKEPPI… 061-4300-6123 346.03 CINTAS CORPORATION 4259416950 02/12/2026 UNIFORMS AND HOUSEKEPPI… 061-4300-6324 151.84 CINTAS CORPORATION 4260156418 03/06/2026 UNIFORMS & HOUSEKEEPING …061-4300-6123 191.61 CINTAS CORPORATION 4260156418 03/06/2026 UNIFORMS & HOUSEKEEPING …061-4300-6324 151.84 CINTAS CORPORATION 4260928646 03/06/2026 UNIFORMS & HOUSEKEEPING …061-4300-6123 191.61 CINTAS CORPORATION 4260928646 03/06/2026 UNIFORMS & HOUSEKEEPING …061-4300-6324 151.84 CINTAS CORPORATION 4262426132 03/12/2026 UNIFORMS & HOUSEKEEPING …061-4300-6123 346.03 CINTAS CORPORATION 4262426132 03/12/2026 UNIFORMS & HOUSEKEEPING …061-4300-6324 151.84 Vendor CINTAS- UNIFORMS - CINTAS CORPORATION Total: 1,682.64 Vendor: CITIBANK_VISA - CITI CARDS
CITI CARDS 5606 (1.13.2026) 03/25/2026 SAFEWAY-SPECIAL EVENTS-ST… 061-1480-6361 54.79 CITI CARDS 5606 (1.13.2026) 03/25/2026 POMPELI-SPECIAL EVENTS-ST… 061-1480-6361 1,495.02 CITI CARDS 5606 (12.11.2025) 03/25/2026 DRAEGER'S S/EVENT-STAFF E… 061-1480-6361 29.99 CITI CARDS 5606 (12.11.2025) 03/25/2026 COSTCO SPECIAL/EVENTS&M… 061-1480-6361 138.00 CITI CARDS 5606 (12.11.2025) 03/25/2026 WHOLE FOOD S/EVENT-STAFF…061-1480-6361 30.99 CITI CARDS 5606 (12.11.2025) 03/25/2026 SAFEWAY S/EVENT-STAFF EV… 061-1480-6361 17.98 Vendor CITIBANK_VISA - CITI CARDS Total: 1,766.77

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Vendor Name Payable Number Post Date Description (Item) Account Number Amount Vendor: COMCAST19380 - COMCAST BUSINESS
COMCAST BUSINESS 264245514 03/10/2026 CNET MONTHLY SERVICES 3.1… 061-1480-6362 951.22 Vendor COMCAST19380 - COMCAST BUSINESS Total: 951.22
Vendor: COMCAST LOCAL ACCTS - COMCAST
COMCAST 8155200160016749 (2.17.202… 03/06/2026 CABLE & INTERNET SERVICES … 061-1480-6310 427.08 COMCAST 8155200160016749 (3.27.26) 03/17/2026 CABLE & INTERNET SERVICES … 061-1480-6310 431.46 Vendor COMCAST LOCAL ACCTS - COMCAST Total: 858.54
Vendor: CORODATA90084 - CORODATA SHREDDING INC.

CORODATA SHREDDING INC. DN 1570009 03/20/2026 1 32 Gallon Console 26379 Fr… 061-1480-6323 71.51 Vendor CORODATA90084 - CORODATA SHREDDING INC. Total: 71.51 Vendor: EATON03 - EATON AND ASSOCIATES
EATON AND ASSOCIATES 93040 02/11/2026 Monthly IT Managed Services 061-1480-6111 13,090.00 EATON AND ASSOCIATES 93075 02/17/2026 EP2-24658-GOV-2 M365 Copil…061-1480-6313 2,145.00 EATON AND ASSOCIATES 93074 03/10/2026 Adobe Annual subscription 2/… 061-1480-6313 3,270.00 EATON AND ASSOCIATES 93137 03/10/2026 Monthly IT Managed Services 061-1480-6111 13,112.00 Vendor EATON03 - EATON AND ASSOCIATES Total: 31,617.00
Vendor: SIGNIFICANT95125 - ECAPITAL COMMERCIAL FINANCE GROUP ECAPITAL COMMERCIAL FINA… 106186 02/06/2026 Toilet supplies 2/4/26 061-1480-6123 378.58 ECAPITAL COMMERCIAL FINA… 106211 02/13/2026 TOILET SUPPLIES 2/12/26 061-1480-6123 843.90 ECAPITAL COMMERCIAL FINA… 106361 03/10/2026 Parks & Recreation Building 061-1480-6123 285.00 ECAPITAL COMMERCIAL FINA… 106361 03/10/2026 Los Altos City Hall 061-1480-6123 2,020.00 ECAPITAL COMMERCIAL FINA… 106361 03/10/2026 Corporation Yard 061-4300-6123 465.00 Vendor SIGNIFICANT95125 - ECAPITAL COMMERCIAL FINANCE GROUP Total: 3,992.48 Vendor: ADT01 - EVERON
EVERON 160395340 03/06/2026 Services Provided (02/01/26-… 061-1480-6118 184.98 EVERON 160551775 03/06/2026 Services Provided (03/01/26 - …061-1480-6118 184.98 Vendor ADT01 - EVERON Total: 369.96
Vendor: FRANK94545 - FRANK AND GROSSMAN LANDSCAPE CONTRACTORS INC FRANK AND GROSSMAN LAN… 40126 03/02/2026 Landscape Maint Svcs LAH To… 061-1480-6122 2,409.00 Vendor FRANK94545 - FRANK AND GROSSMAN LANDSCAPE CONTRACTORS INC Total: 2,409.00 Vendor: FUSESERVICE01 - FUSE SERVICE INC.

FUSE SERVICE INC. INV0000455 03/05/2026 Inv#2 installation & equipment…061-1480-6199 101,500.00 Vendor FUSESERVICE01 - FUSE SERVICE INC. Total: 101,500.00 Vendor: GARDENLAND95008 - GARDENLAND CENTER INC.

GARDENLAND CENTER INC. 1229821 03/06/2026 TRIMMER LINE .105 5# SPOOL…061-4300-6398 309.68 Vendor GARDENLAND95008 - GARDENLAND CENTER INC. Total: 309.68 Vendor: HAYWARD93901 - HAYWARD LUMBER
HAYWARD LUMBER 1236338 03/06/2026 CONSTRUCTION SUPPLIES 2/2… 061-4300-6399 656.03 Vendor HAYWARD93901 - HAYWARD LUMBER Total: 656.03
Vendor: IXP01 - IXP, LLC
IXP, LLC 1100 03/18/2026 Replace dual port ChargePoint…061-1480-6199 4,000.00 Vendor IXP01 - IXP, LLC Total: 4,000.00
Vendor: METRO94002 - METRO MOBILE COMMUNICATIONS INC.

METRO MOBILE COMMUNICA…50663 03/02/2026 MetroNet VHF Repeater Svcs 8…061-4300-6362 168.00 Vendor METRO94002 - METRO MOBILE COMMUNICATIONS INC. Total: 168.00 Vendor: METLIFE64180 - METROPOLITAN LIFE INSURANCE COMPANY METROPOLITAN LIFE INSURA… TS05957300 3.15.26 03/24/2026 DENTAL & VISION COVERAGE … 061-0000-2233 6,261.06 Vendor METLIFE64180 - METROPOLITAN LIFE INSURANCE COMPANY Total: 6,261.06 Vendor: MISSION01 - MissionSquare
MissionSquare PLAN 100316 (3.6.2026) 03/04/2026 PLAN 100316 (3.6.2026) 40E-… 061-0000-2204 8,495.98 MissionSquare PLAN 304465 (3.6.2026) 03/04/2026 PLAN 304465 3.6.26 457 EE 061-0000-2204 9,484.03 MissionSquare PLAN 100316 3.20.2026 03/20/2026 PLAN 100316 3.30.2026 40E-4…061-0000-2204 8,587.67 MissionSquare PLAN 304465 (03.20.2026) 03/20/2026 PLAN 304465 03.20.2026 457 … 061-0000-2204 6,384.04 Vendor MISSION01 - MissionSquare Total: 32,951.72
Vendor: PGE95899 - P G & E
P G & E 4405682412-9 (2.19.26) 03/09/2026 4405682220-26379 Fremont … 061-1480-6363 689.27

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Vendor Name Payable Number Post Date Description (Item) Account Number Amount P G & E 4405682412-9 (2.19.26) 03/09/2026 4402300500-26379 Fremont … 061-1480-6363 11.35 P G & E 4405682412-9 (2.19.26) 03/09/2026 4405682220-26379 Fremont … 061-1480-6363 332.90 P G & E 4405682412-9 (2.19.26) 03/09/2026 4405682301-26375 Fremont … 061-1480-6363 73.31 P G & E 4405682412-9 (2.19.26) 03/09/2026 4407077119-26379 Fremont … 061-1480-6363 9.00 P G & E 4405682412-9 (2.19.26) 03/09/2026 4407614003-26375 Fremont … 061-1480-6363 31.97 P G & E 4405682412-9 (2.19.26) 03/09/2026 4405682320-27400 Purissima… 061-4300-6363 593.58 P G & E 4405682412-9 (2.19.26) 03/09/2026 4402032093-26379 Fremont … 061-4300-6363 142.35 Vendor PGE95899 - P G & E Total: 1,883.73
Vendor: PaloAlto94306 - PALO ALTO SHELL
PALO ALTO SHELL #8121690 02/04/2026 MOUNT TIRE, BALANCE, REIN… 061-4400-6318 1,426.78 Vendor PaloAlto94306 - PALO ALTO SHELL Total: 1,426.78
Vendor: STATCOMM01 - PERFORMANCE SYSTEMS INTEGRATION, INC.

PERFORMANCE SYSTEMS INT… 3866649 03/06/2026 Sprinkler Standard Hours Tech…061-1480-6118 1,322.50 Vendor STATCOMM01 - PERFORMANCE SYSTEMS INTEGRATION, INC. Total: 1,322.50 Vendor: PITNEY15250 - PITNEY BOWES INC
PITNEY BOWES INC 8000-9000-1096-1328 (2.13.2… 02/13/2026 Meter Refill SN-6027240 1/14… 061-1480-6303 2,633.75 PITNEY BOWES INC 3107652727 02/19/2026 QUATERLY SERVICES 12/25-3/… 061-1480-6402 430.03 Vendor PITNEY15250 - PITNEY BOWES INC Total: 3,063.78
Vendor: V0980 - PURISSIMA HILLS WATER
PURISSIMA HILLS WATER FEBRUARY-26 (02/02/26-03/0… 03/04/2026 FEB2026-3760-26379 Fremont…061-1480-6364 45.42 PURISSIMA HILLS WATER FEBRUARY-26 (02/02/26-03/0… 03/04/2026 FEB2026-2498-26379 Fremont…061-1480-6364 59.26 PURISSIMA HILLS WATER FEBRUARY-26 (02/02/26-03/0… 03/04/2026 FEB2026-2496-26379 Fremont…061-1480-6364 276.36 PURISSIMA HILLS WATER FEBRUARY-26 (02/02/26-03/0… 03/04/2026 FEB2026-2497-26379 Fremont…061-1480-6364 221.61 PURISSIMA HILLS WATER FEBRUARY-26 (02/02/26-03/0… 03/04/2026 FEB2026-2501-27400 Purissi… 061-4300-6364 100.17 Vendor V0980 - PURISSIMA HILLS WATER Total: 702.82
Vendor: SHARP91185 - SHARP BUSINESS SYSTEMS
SHARP BUSINESS SYSTEMS 9005717049 03/04/2026 #102455826&103050113 01/… 061-1480-6402 452.27 Vendor SHARP91185 - SHARP BUSINESS SYSTEMS Total: 452.27 Vendor: STAPLES30348 - STAPLES BUSINESS CREDIT
STAPLES BUSINESS CREDIT 6056688493 02/25/2026 OFFICE SUPPLIES CM 2/25/26 061-1480-6301 -9.08 STAPLES BUSINESS CREDIT 6056688486 03/05/2026 OFFICE SUPPLIES 2/25/26 061-1480-6301 293.75 STAPLES BUSINESS CREDIT 6056688487 03/05/2026 OFFICE SUPPLIES 2/25/26 061-1480-6301 67.16 STAPLES BUSINESS CREDIT 6056688488 03/05/2026 OFFICE SUPPLIES 2/25/26 061-1480-6301 204.22 STAPLES BUSINESS CREDIT 6056688491 03/05/2026 OFFICE SUPPLIES CM 2/25/26 061-1480-6301 -5.47 STAPLES BUSINESS CREDIT 6056688494 03/05/2026 OFFICE SUPPLIES 2/25/26 061-1480-6301 639.60 STAPLES BUSINESS CREDIT 6056688495 03/05/2026 OFFICE SUPPLIES 2/25/26 061-1480-6301 57.31 STAPLES BUSINESS CREDIT 6056688497 03/05/2026 OFFICE SUPPLIE 2/25/26 061-1480-6301 75.83 STAPLES BUSINESS CREDIT 6056688498 03/05/2026 OFFICE SUPPLIES CM 2/25/26 061-1480-6301 -102.13 STAPLES BUSINESS CREDIT 6056688499 03/05/2026 OFFICE SUPPLIES 2/25/26 061-1480-6301 103.83 STAPLES BUSINESS CREDIT 6056688501 03/05/2026 SUPPLIES CM 2/25/26 061-1480-6301 -6.71 STAPLES BUSINESS CREDIT 6056688503 03/05/2026 OFFICE SUPPLIES CM 2/25/26 061-1480-6301 -4.52 Vendor STAPLES30348 - STAPLES BUSINESS CREDIT Total: 1,313.79 Vendor: USBANK63179 - US BANK EQUIPMENT FINANCE
US BANK EQUIPMENT FINANCE 577105604 03/06/2026 POOL5 B&W 500-0698340-000…061-1480-6402 1,331.78 Vendor USBANK63179 - US BANK EQUIPMENT FINANCE Total: 1,331.78 Vendor: VALLEY94139 - VALLEY OIL COMPANY
VALLEY OIL COMPANY 247948 03/06/2026 DIESEL FUEL, 3, NA 1993, PG III…061-4400-6342 1,782.45 Vendor VALLEY94139 - VALLEY OIL COMPANY Total: 1,782.45 Vendor: VSP94145 - VISION SERVICE PLAN INSURANCE CO
VISION SERVICE PLAN INSURA… 824683102 (2.19.26) 03/24/2026 VISION MONTHLY CHARGES 2… 061-0000-2233 547.79 Vendor VSP94145 - VISION SERVICE PLAN INSURANCE CO Total: 547.79 Fund 061 - GENERAL SERVICE FUND Total: 208,432.80
Grand Total: 1,770,833.20

Page 52 of 960 ends

Expense Approval Report Payment Dates: 3/1/2026 - 3/31/2026 4/21/2026 3:10:45 PM Page 16 of 19
Report Summary
Fund Summary
Fund Payment Amount
011 - GENERAL FUND 1,042,813.13
031 - SEWER ASSESSMENT DISTRICT 40,281.25
041 - GENERAL CIP FUND 94,264.84
042 - PATHWAYS CIP 3,173.17
045 - DRAINAGE CIP 2,375.00
048 - SEWER FUND CIP 21,986.85
051 - SEWER FUND 357,506.16
061 - GENERAL SERVICE FUND 208,432.80
Grand Total: 1,770,833.20
Account Summary
Account Number Account Name Payment Amount
011-0000-1025 PARS 115 Trust Pension … 100,000.00
011-0000-1110 Receivable - Miscellaneo… 17,254.46
011-0000-2002 Strong Motion Impl Pay… 2,107.87
011-0000-2004 SB 1473 - Fee Payable 727.00
011-0000-2301 Planning Deposits 33,866.58
011-0000-2303 Bond Deposits 3,491.10
011-0000-4685 Administrative Charge -2,620.74
011-1000-6304 Printing, copying & scann… 7,273.12
011-1000-6362 Telephone 101.08
011-1100-6199 Other Contract Services 2,707.00
011-1100-6302 City Membership 500.00
011-1100-6304 Printing, copying & scann… 5,125.83
011-1100-6308 Travel & Meetings 1,411.02
011-1100-6312 Books/Films/Publications 3,720.00
011-1100-6361 Special Events & Awards 301.00
011-1200-6199 Other Contract Services 10,190.00
011-1200-6302 City Membership 95.00
011-1200-6308 Travel & Meetings 322.00
011-1200-6309 Instruction & Training 66.12
011-1200-6362 Telephone 357.35
011-1300-6209 Other Program & Proj C… 835.62
011-1300-6362 Telephone 202.16
011-1400-6331 Bank Fees 127.23
011-1400-6362 Telephone 404.32
011-1500-6112 Legal - Special Projects 91,507.63
011-1500-6201 Legal - City Attorney 29,554.00
011-2100-6152 Law Enforcement 229,605.50
011-2100-6199 Other Contract Services 51,082.38
011-2100-6362 Telephone 284.56
011-3100-4702 Attorney's Fees -135.96
011-3100-4707 Contract Geologist Char… -4,654.60
011-3100-6111 Contract Personnel 290.60
011-3100-6177 Attorney Fees - Billable 226.60
011-3100-6178 Geologist Charges - Billab… 4,654.60
011-3100-6313 Computer Software 4,703.03
011-3100-6362 Telephone 182.56
011-3120-6111 Contract Personnel 19,320.00
011-3200-4305 BLDG MEP PERMITS 207.00
011-3200-4311 Plan Retention Fees 75.00
011-3200-6114 Contract Plan Checks 48,747.31
011-3200-6128 Bldg Permit Refund 290,600.00
011-3200-6199 Other Contract Services 17,702.50
011-3200-6301 Office Supplies 321.93
011-3200-6313 Computer Software 199.27
011-3200-6362 Telephone 182.56

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Expense Approval Report Payment Dates: 3/1/2026 - 3/31/2026 4/21/2026 3:10:45 PM Page 17 of 19
Account Summary
Account Number Account Name Payment Amount
011-3300-4705 Engineer's Charges - Con… -19,637.00
011-3300-6179 Engineering Chrgs - Billab… 19,637.00
011-3300-6308 Travel & Meetings 1,623.83
011-3300-6309 Instruction & Training 675.00
011-3300-6362 Telephone 795.83
011-4120-6361 Special Events & Awards 17,774.50
011-4500-6142 Storm Drain Maintenance 1,296.27
011-4600-6124 Tree Maintenance 180.00
011-4600-6145 Traffic Signal Maintenan… 614.79
011-4600-6149 Street Maintenance 7,643.66
011-4600-6341 Signs 4,408.90
011-4600-6362 Telephone 267.84
011-4600-6363 Electric 482.73
011-4740-6125 Pathways Maintenance 3,163.15
011-4740-6341 Signs 1,043.17
011-4740-6364 Water 480.68
011-5100-6122 Lawncare/Landscaping 9,251.02
011-5100-6123 Housekeeping 656.00
011-5100-6130 Pest Control 670.00
011-5100-6199 Other Contract Services 4,000.00
011-5100-6363 Electric 806.53
011-5100-6364 Water 1,341.45
011-5100-6399 Other Supplies/Materials 16.19
011-5300-6118 Facility Maint & Security 658.99
011-5300-6122 Lawncare/Landscaping 1,204.00
011-5300-6123 Housekeeping 445.00
011-5300-6199 Other Contract Services 9,900.00
011-5300-6362 Telephone 62.17
011-5300-6398 Other General Expense 129.84
031-0100-6382 Interest Retired 40,281.25
041-6900-6199 Other Contract Services 991.87
041-6900-6209 Other Program & Proj C… 75,512.00
041-6900-6399 Other Supplies/Materials 8,135.97
041-6900-6503 Non-Capital Computer E… 9,625.00
042-6900-6209 Other Program & Proj C… 3,173.17
045-6900-6622 Site Improvements 2,375.00
048-6900-6625 Sewer Main Replacement 21,986.85
051-0000-2003 Contract Retention -6,525.00
051-4800-6120 Los Altos Treatment Plant 283,021.05
051-4800-6140 Sewer Maintenance Wo… 79,811.07
051-4800-6199 Other Contract Services 131.25
051-4800-6362 Telephone 96.07
051-4800-6363 Electric 908.05
051-4800-6364 Water 63.67
061-0000-2204 Deferred Comp Payable 32,951.72
061-0000-2233 Dental & Vision Insuranc… 6,808.85
061-1480-6111 Contract Personnel 26,202.00
061-1480-6118 Facility Maint & Security 1,914.70
061-1480-6122 Lawncare/Landscaping 2,409.00
061-1480-6123 Housekeeping 3,527.48
061-1480-6199 Other Contract Services 105,500.00
061-1480-6301 Office Supplies 1,517.34
061-1480-6302 City Membership 140.77
061-1480-6303 Postage 2,633.75
061-1480-6310 On-Line Service 858.54
061-1480-6313 Computer Software 5,415.00
061-1480-6314 Computer Parts 112.97
061-1480-6323 Disposal Services 71.51

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Expense Approval Report Payment Dates: 3/1/2026 - 3/31/2026 4/21/2026 3:10:45 PM Page 18 of 19
Account Summary
Account Number Account Name Payment Amount
061-1480-6361 Special Events & Awards 2,298.67
061-1480-6362 Telephone 2,399.52
061-1480-6363 Electric 1,147.80
061-1480-6364 Water 602.65
061-1480-6398 Other General Expense 972.40
061-1480-6399 Other Supplies/Materials 112.66
061-1480-6402 Office Mach & Furniture… 2,214.08
061-4300-6123 Housekeeping 1,540.28
061-4300-6324 Uniforms 607.36
061-4300-6325 Safety Gear 213.33
061-4300-6342 Gas and Oil 78.76
061-4300-6362 Telephone 615.11
061-4300-6363 Electric 735.93
061-4300-6364 Water 100.17
061-4300-6398 Other General Expense 309.68
061-4300-6399 Other Supplies/Materials 803.75
061-4400-6318 Vehicle Repair 1,426.78
061-4400-6342 Gas and Oil 2,190.24
Grand Total: 1,770,833.20
Project Account Summary
Project Account Key Payment Amount
**None** 1,589,901.16
410216 472.32
410224 15,378.75
410225 4,000.00
410227-26 9,625.00
410230 412.50
410235 10,000.00
419300 52,287.55
427915 6,510.17
467209 2,375.00
467228 2,751.72
487918-26 21,986.85
BLD20-0448-FD 855.00
BLD22-0054-FD 765.00
BLD23-0477-FD 900.00
BLD24-0063-FD 971.10
CUP25-0004 149.56
GRD25-0001 620.40
GRD25-0002 1,137.40
GRD25-0003 1,447.60
GRD25-0004 1,654.40
GRD25-0006 723.80
GRD25-0007 2,068.00
GRD25-0008 1,757.80
GRD25-0009 1,240.80
GRD25-0010 1,861.20
GRD25-0011 1,034.00
GRD25-0012 1,034.00
P17603 1,755.00
P3403 241.25
R4120-3 16,835.50
R4130-1 939.00
SD21-0015 5,000.00
SD25-0001 89.38
SD25-0028 1,827.65
SD25-0034 2,617.56

Page 55 of 960 ends

Expense Approval Report Payment Dates: 3/1/2026 - 3/31/2026 4/21/2026 3:10:45 PM Page 19 of 19
Project Account Summary
Project Account Key Payment Amount
SD25-0039 557.15
SD25-0063 1,431.65
SD25-0067 2,502.50
SD25-0068 3,115.48
Grand Total: 1,770,833.20

Page 56 of 960 ends

ITEM 4C
TOWN OF LOS ALTOS HILLS May 14, 2026
Staff Report to the City Council
SUBJECT: RECEIVE QUARTERLY INVESTMENT PORTFOLIO REPORT – QUARTER ENDING MARCH 31, 2026
FROM: Thomas Leung, Finance Director
Varsha Srinivasan, Management Analyst VS
APPROVED: Cody Einfalt, Acting City Manager
RECOMMENDATION: That the City Council:

Receive Quarterly Investment Portfolio Report – Quarter Ending March 31, 2026 BACKGROUND:

These quarterly reports are presented to both the City Council and the Finance and Investment Committee to keep both bodies apprised as to the status of the Town’s investment holding and demonstrate compliance with the Town’s Investment Policy.

DISCUSSION:

The Town’s investment holdings are shown in Attachment 1.

Full compliance with the Town’s Investment Policy is monitored closely and on a per trade basis as illustrated in Attachment 2. In accordance with California Government Code 53646(b)(3), the Town can meet its pool expenditure requirements for the next six months.

As part of these quarterly updates, a performance review is prepared by PFM, which is included as Attachment 3.

It is important to note that this report highlights the performance of the Town’s investments that fall outside its liquid holdings with LAIF. This has been intentionally crafted to isolate the performance of the Town’s independently managed investments. 2025-26 CITY COUNCIL STRATEGIC PRIORITIES:

This report was not specifically identified as one of the Council’s priorities for 2025-26, but it is a form of financial transparency.

Page 57 of 960 ends

Staff Report Page 2
Quarterly Investment Quarter Ending March 31, 2026
May 14, 2026
ENVIRONMENTAL REVIEW:

The proposed project is exempt from California Environmental Quality Act (CEQA) pursuant to Sections 15061(b)(3) of the CEQA Guidelines.

FISCAL IMPACT:

There is no fiscal impact.

ATTACHMENTS

1. Portfolio Mix Charts

2. Investment Policy Compliance Chart

3. Investment Performance Review Quarter Ending March 31, 2026

Page 58 of 960 ends

Attachment 1
Portfolio Mix Charts
March 31, 2026
Market
Security Type % of Total Par Value Value
LAIF 8.7% 2,236,856 2,236,856
Money Market 0.3% 67,410 67,410
Corporate Notes 23.0% 5,910,000 5,903,953
Certificates of Deposit (CDs) 0.0%
Federal Agency CMBS 15.8% 4,049,074 4,058,160
Municipal Bonds 0.2% 50,000 49,699
Supranational Bonds 0.0%
US Treasuries 50.0% 12,850,000 12,643,288
Federal Agency 1.4% 355,000 354,428
Bank Notes 0.7% 160,000 158,477
Accrued Interest 0.0% 159,279
100% 25,678,340 25,631,550
Market
Class Type % of Total Par Value Value
Corporate Notes 25.5% 5,910,000 5,903,953
US Treasuries/Agencies 74.3% 17,254,074 17,055,876
Supranational Bonds 0.0% - -
Municipal Bonds 0.2% 50,000 49,699
Certificates of Deposit (CDs) 0.0% - -
Accrued Interest - 159,279
100% 23,214,074 23,168,807
Margin Over (Under) Par (45,268)
Corporate Notes

25.5%
US Treasuries/Agencies

74.3%
Municipal Bonds

0.2%

PORTFOLIO MIX - BY CLASS
LAIF, 8.7%
Money Market,

0.3%
Corporate Notes,

23.0%
Federal Agency
CMBS, 15.8%
Municipal Bonds,

0.2%
US Treasuries,

50.0%
Federal Agency,

1.4%

PORTFOLIO MIX - BY SECURITY

Page 59 of 960 ends

Attachment 2
Investment Policy Compliance Chart
March 31, 2026
12/31/2025
Earliest City Policy City Policy City Policy % Compliance Term Compliance City Investment % Mix Par Value Term Term Limitation $ Limitation % Limitation CAPACITY Yes/No Yes/No LAIF 8.7% 2,236,856 12/31/25 No Term 75,000,000 100% 72,763,144 Yes N/A Money Market 0.3% 67,410 12/31/25 No Term 100% 25,610,930 Yes N/A Corporate Notes 23.0% 5,910,000 8/18/2026 5 Years 30% 1,793,502 Yes Yes Certificates of Deposit (CDs) 0.0% - 09/18/26 3 Years 30% 7,703,502 Yes Yes Federal Agency CMBS 15.8% 4,049,074 11/01/26 5 Years 100% 21,629,266 Yes Yes Municipal Bonds 0.2% 50,000 07/01/26 5 Years 30% 7,653,502 Yes Yes Supranational Bonds 0.0% - 5 Years 30% 7,703,502 Yes Yes US Treasuries 50.0% 12,850,000 10/31/26 5 Years 100% 12,828,340 Yes Yes Federal Agency 1.4% 355,000 07/10/29 5 Years 100% 25,323,340 Yes Yes Bank Notes 0.68% 160,000
100% 25,678,340

Page 60 of 960 ends

LOS ALTOS HILLS

ACCOUNT STATEMENT
For the Month Ending
March 31, 2026
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts

LOS ALTOS HILLS

JOCELYN MISOLA
26379 FREMONT RD
LOS ALTOS HILLS, CA 94022
Client Management Team
Accounts included in Statement
581-00 OPERATING FUND
Online Access www.camponline.com Customer Service 1-800-729-7665 Important Messages
CAMP will be closed on 04/03/2026 for Good Friday.

Michael Kronbetter
Relationship Manager
621 Capitol Mall, Suite 800
Sacramento, CA 95814
916-384-1892
[email protected]

Page 61 of 960 ends

For the Month Ending March 31, 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

Page 62 of 960 ends

Account Statement - Transaction Summary For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
206,675.98
2,653,456.91
(2,792,722.45)

0.00 $67,410.44
CAMP Pool
Unsettled Trades 0.00
Cash Dividends and Income 517.91
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
23,362,569.41
2,265,607.23
(1,999,768.33)
(247,100.16)
$23,168,004.63
CAMP Managed Account
Unsettled Trades (213,303.52)
Cash Dividends and Income 152,712.35
March 31, 2026 February 28, 2026
Asset Summary
CAMP Pool 67,410.44 206,675.98
CAMP Managed Account 23,168,004.63 23,362,569.41
Total $23,235,415.07 $23,569,245.39
Asset Allocation

0.29%
CAMP Pool

99.71%
CAMP Managed
Account
PFM Asset Management, a division of Account 581-00 Page 1 U.S. Bancorp Asset Management, Inc.

Page 63 of 960 ends

Managed Account Summary Statement For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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
$206,675.98
2,653,456.91
(2,792,722.45)
$67,410.44
517.91
$23,362,569.41
(161,516.47)
(1,838,251.86)
2,265,607.23
(213,303.52)
(247,100.16)
$23,168,004.63
$23,569,245.39
$23,235,415.07
84,162.07
(6,891.65)
75,441.93
$152,712.35
160,000.00
2,416,682.01
73,756.14
1,516.47
(2,790,761.36)
138,806.74

0.00 Managed Account Total
23,117,746.97 23,185,157.41
159,278.83
2,059,795.38
161,516.47
73,756.14
(2,272,469.57)
(23,047,248.23)
(165,033.90)

0.00 159,278.83
4,852,517.83
161,516.47
73,756.14
(4,925,926.48)
(23,253,924.21)
(165,033.90)
517.91
Total Accrual Basis Earnings $87,342.09 $87,860.00
Transaction Summary - Money Market Transaction Summary - Managed Account _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance
Closing Cash Balance $0.00
PFM Asset Management, a division of Account 581-00 Page 2 U.S. Bancorp Asset Management, Inc.

Page 64 of 960 ends

Portfolio Summary and Statistics For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
Account Summary
Description Par Value Market Value Percent
U.S. Treasury Bond / Note 12,850,000.00 12,643,288.26 54.41 Municipal Bond / Note 50,000.00 49,699.20 0.21
Federal Agency Commercial
Mortgage-Backed Security
4,049,074.22 4,058,159.55 17.47
Federal Agency Bond / Note 355,000.00 354,428.10 1.53
Corporate Note 5,910,000.00 5,903,952.56 25.41
Bank Note 160,000.00 158,476.96 0.68
Managed Account Sub-Total 23,374,074.22 23,168,004.63 99.71% Accrued Interest 159,278.83
Total Portfolio 23,374,074.22 23,327,283.46
CAMP Pool 67,410.44 67,410.44 0.29
Total Investments 23,441,484.66 23,394,693.90 100.00%
Unsettled Trades 0.00 0.00
Sector Allocation

0.68%
Bank Note

25.41%
Corporate Note

1.53%
Fed Agy Bond /
Note

17.47%
Federal Agency
Commercial
Mortgage-Backed
Security

0.29%
Joint Powers
Authority

0.21%
Muni Bond / Note

54.41%
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

1.80%

3.05%

21.64%

31.23%

16.88%

25.40%

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

4.20%

4.04%
PFM Asset Management, a division of Account 581-00 Page 3 U.S. Bancorp Asset Management, Inc.

Page 65 of 960 ends

Managed Account Issuer Summary For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
Credit Quality (S&P Ratings)

2.97%
A

10.93%
A+

4.78%
A0.51%
AA

74.46%
AA+

4.75%
AA0.29%
AAAm

1.10%
BBB+

0.21%
NR
Issuer Summary
Issuer of Holdings Percent
Market Value
AbbVie Inc 64,563.07 0.28
Adobe Inc 188,475.96 0.81
Alphabet Inc 243,294.29 1.05
Amazon.com Inc 119,115.60 0.51
American Express Co 84,457.11 0.36
Analog Devices Inc 141,139.20 0.61
AstraZeneca PLC 196,525.40 0.85
Automatic Data Processing Inc 171,478.62 0.74
Bank of America Corp 301,295.70 1.30
BlackRock Inc 243,730.56 1.05
BP PLC 116,509.49 0.50
CAMP Pool 67,410.44 0.29
Caterpillar Inc 24,765.88 0.11
Cintas Corp 64,889.57 0.28
Cisco Systems Inc 112,014.43 0.48
Citigroup Inc 253,326.50 1.09
Cummins Inc 10,014.12 0.04
Deere & Co 59,430.72 0.26
Federal Home Loan Banks 354,428.10 1.53
Federal Home Loan Mortgage Corp 3,875,026.60 16.67
Federal National Mortgage Association 183,132.95 0.79
Goldman Sachs Group Inc 174,435.63 0.75
Hershey Co 106,070.12 0.46
Home Depot Inc 59,928.50 0.26
Honda Motor Co Ltd 80,851.92 0.35
JPMorgan Chase & Co 145,942.14 0.63
Lockheed Martin Corp 60,357.24 0.26
Los Angeles Unified School District/CA 49,699.20 0.21
Merck & Co Inc 60,070.38 0.26
Meta Platforms Inc 101,101.80 0.44
Morgan Stanley 244,677.93 1.05
National Australia Bank Ltd 253,823.25 1.09
PFM Asset Management, a division of Account 581-00 Page 4 U.S. Bancorp Asset Management, Inc.

Page 66 of 960 ends

Managed Account Issuer Summary For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
Issuer of Holdings Percent
Market Value
National Rural Utilities Cooperative Fi 126,115.25 0.54 Northern Trust Corp 322,860.32 1.39
Novartis AG 222,493.73 0.96
PACCAR Inc 151,390.40 0.65
PepsiCo Inc 207,308.26 0.89
PNC Financial Services Group Inc 208,050.96 0.90
Salesforce Inc 215,445.27 0.93
Shell PLC 44,558.46 0.19
State Street Corp 126,166.53 0.54
TotalEnergies SE 262,555.11 1.13
Toyota Motor Corp 185,659.14 0.80
Truist Financial Corp 158,476.96 0.68
United States Treasury 12,643,288.26 54.40
UnitedHealth Group Inc 149,064.00 0.64
Total $23,235,415.07 100.00%
PFM Asset Management, a division of Account 581-00 Page 5 U.S. Bancorp Asset Management, Inc.

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US TREASURY N/B
DTD 08/15/2017 2.250% 08/15/2027
9128282R0 55,000.00 AA+ Aa1 12/05/22 12/07/22 51,444.34 3.77 153.83 53,959.47 53,839.83

US TREASURY N/B
DTD 08/15/2017 2.250% 08/15/2027
9128282R0 150,000.00 AA+ Aa1 09/03/24 09/05/24 143,595.70 3.80 419.54 146,919.59 146,835.90

US TREASURY N/B
DTD 08/15/2017 2.250% 08/15/2027
9128282R0 220,000.00 AA+ Aa1 09/04/24 09/05/24 211,371.88 3.67 615.33 215,853.78 215,359.32

US TREASURY N/B
DTD 09/30/2020 0.375% 09/30/2027
91282CAL5 200,000.00 AA+ Aa1 02/01/24 02/05/24 176,578.13 3.84 2.05 190,388.78 189,992.20

US TREASURY N/B
DTD 09/30/2022 4.125% 09/30/2027
91282CFM8 785,000.00 AA+ Aa1 09/02/25 09/04/25 792,022.07 3.67 88.47 790,131.42 788,220.07

US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
91282CAU5 200,000.00 AA+ Aa1 01/02/25 01/07/25 180,234.38 4.27 419.89 188,606.14 189,820.40

US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
91282CAU5 325,000.00 AA+ Aa1 12/02/24 12/05/24 292,652.34 4.18 682.32 306,917.67 308,458.15

US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
91282CAU5 415,000.00 AA+ Aa1 10/29/25 10/30/25 391,137.50 3.50 871.27 396,043.02 393,877.33

US TREASURY N/B
DTD 11/15/2017 2.250% 11/15/2027
9128283F5 240,000.00 AA+ Aa1 11/04/25 11/05/25 233,840.63 3.57 2,043.65 235,039.94 234,028.08

US TREASURY N/B
DTD 11/15/2017 2.250% 11/15/2027
9128283F5 500,000.00 AA+ Aa1 01/30/23 01/31/23 468,417.97 3.70 4,257.60 489,292.08 487,558.50

US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
91282CGC9 120,000.00 AA+ Aa1 04/24/23 04/26/23 121,289.06 3.62 1,168.92 120,481.70 120,084.36

US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
91282CGC9 145,000.00 AA+ Aa1 11/14/25 11/17/25 145,934.57 3.56 1,412.45 145,776.06 145,101.94

US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
91282CGC9 195,000.00 AA+ Aa1 12/22/25 12/26/25 196,416.80 3.50 1,899.50 196,235.44 195,137.09

US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
91282CGC9 215,000.00 AA+ Aa1 06/03/24 06/05/24 209,935.74 4.60 2,094.32 212,417.62 215,151.15 PFM Asset Management, a division of Account 581-00 Page 6 U.S. Bancorp Asset Management, Inc.

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US TREASURY N/B
DTD 01/15/2025 4.250% 01/15/2028
91282CMF5 175,000.00 AA+ Aa1 01/23/26 01/26/26 177,084.96 3.62 1,561.46 176,900.25 176,237.25

US TREASURY N/B
DTD 01/15/2025 4.250% 01/15/2028
91282CMF5 400,000.00 AA+ Aa1 02/03/25 02/06/25 399,796.88 4.27 3,569.06 399,873.85 402,828.00

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2028
91282CGT2 150,000.00 AA+ Aa1 03/03/25 03/05/25 148,312.50 4.02 14.86 148,879.40 149,455.05

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2028
91282CGT2 250,000.00 AA+ Aa1 04/01/25 04/02/25 248,320.31 3.86 24.76 248,858.75 249,091.75

US TREASURY N/B
DTD 04/30/2021 1.250% 04/30/2028
91282CBZ3 20,000.00 AA+ Aa1 06/01/23 06/05/23 17,768.75 3.76 104.97 19,053.18 18,980.46

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
91282CCH2 550,000.00 AA+ Aa1 11/03/23 11/06/23 475,298.83 4.52 1,728.25 513,881.24 519,835.80

US TREASURY N/B
DTD 11/01/2021 1.375% 10/31/2028
91282CDF5 200,000.00 AA+ Aa1 10/29/25 10/30/25 187,890.63 3.52 1,154.70 189,521.61 188,078.20

US TREASURY N/B
DTD 11/01/2021 1.375% 10/31/2028
91282CDF5 250,000.00 AA+ Aa1 01/02/24 01/05/24 222,041.02 3.95 1,443.37 235,012.34 235,097.75

US TREASURY N/B
DTD 11/01/2021 1.375% 10/31/2028
91282CDF5 270,000.00 AA+ Aa1 02/29/24 03/05/24 237,304.69 4.27 1,558.84 251,855.16 253,905.57

US TREASURY N/B
DTD 11/15/2018 3.125% 11/15/2028
9128285M8 100,000.00 AA+ Aa1 03/26/24 03/28/24 95,179.69 4.28 1,182.67 97,269.53 98,257.80

US TREASURY N/B
DTD 11/17/2025 3.500% 11/15/2028
91282CPK1 125,000.00 AA+ Aa1 12/03/25 12/04/25 125,009.77 3.50 1,655.73 125,009.00 123,989.25

US TREASURY N/B
DTD 11/15/2018 3.125% 11/15/2028
9128285M8 165,000.00 AA+ Aa1 12/01/25 12/04/25 163,304.88 3.49 1,951.40 163,484.55 162,125.37

US TREASURY N/B
DTD 11/15/2018 3.125% 11/15/2028
9128285M8 200,000.00 AA+ Aa1 12/04/23 12/07/23 190,031.25 4.25 2,365.33 194,703.58 196,515.60

US TREASURY N/B
DTD 11/15/2018 3.125% 11/15/2028
9128285M8 240,000.00 AA+ Aa1 12/05/23 12/06/23 228,628.13 4.20 2,838.40 233,961.45 235,818.72 PFM Asset Management, a division of Account 581-00 Page 7 U.S. Bancorp Asset Management, Inc.

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US TREASURY N/B
DTD 01/31/2022 1.750% 01/31/2029
91282CDW8 170,000.00 AA+ Aa1 02/01/24 02/05/24 154,401.17 3.79 493.09 161,130.41 160,576.90

US TREASURY N/B
DTD 02/15/2019 2.625% 02/15/2029
9128286B1 250,000.00 AA+ Aa1 06/03/24 06/05/24 230,214.84 4.51 815.78 237,395.23 241,875.00

US TREASURY N/B
DTD 02/15/2019 2.625% 02/15/2029
9128286B1 350,000.00 AA+ Aa1 04/29/24 05/02/24 319,388.67 4.68 1,142.09 330,811.00 338,625.00

US TREASURY N/B
DTD 05/02/2022 2.875% 04/30/2029
91282CEM9 210,000.00 AA+ Aa1 08/01/24 08/02/24 200,919.15 3.88 2,535.08 203,918.03 204,159.48

US TREASURY N/B
DTD 05/02/2022 2.875% 04/30/2029
91282CEM9 260,000.00 AA+ Aa1 03/02/26 03/05/26 255,460.16 3.46 3,138.67 255,561.64 252,768.88

US TREASURY N/B
DTD 08/01/2022 2.625% 07/31/2029
91282CFC0 40,000.00 AA+ Aa1 05/30/25 06/04/25 38,023.44 3.92 174.03 38,390.08 38,471.88

US TREASURY N/B
DTD 09/30/2022 3.875% 09/30/2029
91282CFL0 140,000.00 AA+ Aa1 10/28/24 10/31/24 138,457.81 4.12 14.82 138,871.40 140,010.92

US TREASURY N/B
DTD 09/30/2022 3.875% 09/30/2029
91282CFL0 225,000.00 AA+ Aa1 11/01/24 11/05/24 221,888.67 4.19 23.82 222,716.52 225,017.55

US TREASURY N/B
DTD 10/31/2022 4.000% 10/31/2029
91282CFT3 100,000.00 AA+ Aa1 11/20/24 11/22/24 98,660.16 4.30 1,679.56 99,001.44 100,398.40

US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
91282CLR0 160,000.00 AA+ Aa1 12/08/25 12/09/25 162,437.50 3.70 2,771.27 162,254.90 161,312.48

US TREASURY N/B
DTD 10/31/2022 4.000% 10/31/2029
91282CFT3 270,000.00 AA+ Aa1 12/02/24 12/05/24 268,312.50 4.14 4,534.81 268,735.74 271,075.68

US TREASURY N/B
DTD 12/31/2024 4.375% 12/31/2029
91282CMD0 300,000.00 AA+ Aa1 01/02/25 01/07/25 300,210.94 4.36 3,299.38 300,163.28 305,074.20

US TREASURY N/B
DTD 01/31/2023 3.500% 01/31/2030
91282CGJ4 105,000.00 AA+ Aa1 10/29/25 10/30/25 104,659.57 3.58 609.12 104,691.18 103,539.87

US TREASURY N/B
DTD 01/31/2023 3.500% 01/31/2030
91282CGJ4 175,000.00 AA+ Aa1 03/03/25 03/05/25 170,597.66 4.07 1,015.19 171,489.00 172,566.45 PFM Asset Management, a division of Account 581-00 Page 8 U.S. Bancorp Asset Management, Inc.

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US TREASURY N/B
DTD 03/31/2025 4.000% 03/31/2030
91282CMU2 55,000.00 AA+ Aa1 03/19/26 03/20/26 55,283.59 3.86 6.01 55,281.49 55,197.67

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2030
91282CGS4 200,000.00 AA+ Aa1 04/11/25 04/15/25 195,132.81 4.17 19.81 196,000.94 197,929.60

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2030
91282CGS4 260,000.00 AA+ Aa1 09/04/25 09/05/25 259,766.41 3.65 25.75 259,793.82 257,308.48

US TREASURY N/B
DTD 03/31/2025 4.000% 03/31/2030
91282CMU2 300,000.00 AA+ Aa1 04/01/25 04/02/25 301,042.97 3.92 32.79 300,851.37 301,078.20

US TREASURY N/B
DTD 05/01/2023 3.500% 04/30/2030
91282CGZ8 400,000.00 AA+ Aa1 05/30/25 06/04/25 391,578.13 3.98 5,878.45 392,884.43 393,906.40

US TREASURY N/B
DTD 05/31/2023 3.750% 05/31/2030
91282CHF1 600,000.00 AA+ Aa1 07/01/25 07/03/25 598,242.19 3.82 7,541.21 598,488.72 596,343.60

US TREASURY N/B
DTD 07/31/2025 3.875% 07/31/2030
91282CNN7 40,000.00 AA+ Aa1 10/01/25 10/02/25 40,346.88 3.68 256.91 40,314.11 39,932.80

US TREASURY N/B
DTD 07/31/2025 3.875% 07/31/2030
91282CNN7 210,000.00 AA+ Aa1 09/29/25 09/30/25 211,304.30 3.73 1,348.76 211,180.43 209,647.20

US TREASURY N/B
DTD 07/31/2025 3.875% 07/31/2030
91282CNN7 250,000.00 AA+ Aa1 09/02/25 09/04/25 251,269.53 3.76 1,605.66 251,133.81 249,580.00

US TREASURY N/B
DTD 11/30/2023 4.375% 11/30/2030
91282CJM4 250,000.00 AA+ Aa1 12/01/25 12/04/25 258,486.33 3.62 3,665.87 257,979.28 254,521.50

US TREASURY N/B
DTD 02/29/2024 4.250% 02/28/2031
91282CKC4 670,000.00 AA+ Aa1 03/13/26 03/17/26 680,966.02 3.88 2,476.09 680,886.11 678,689.23 Security Type Sub-Total 12,850,000.00 12,437,894.80 3.94 82,386.96 12,626,250.96 12,643,288.26 Municipal Bond / Note

LOS ANGELES UN SD-B
DTD 11/10/2021 1.455% 07/01/2026
544647FC9 50,000.00 NR Aa2 10/28/21 11/10/21 50,000.00 1.46 181.88 50,000.00 49,699.20 Security Type Sub-Total 50,000.00 50,000.00 1.46 181.88 50,000.00 49,699.20 PFM Asset Management, a division of Account 581-00 Page 9 U.S. Bancorp Asset Management, Inc.

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Managed Account Detail of Securities Held For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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
FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 132,086.40 AA+ Aa1 05/19/23 05/24/23 128,020.62 4.29 368.41 131,331.93 131,379.87 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
3137BXQY1 225,000.00 AA+ Aa1 08/16/23 08/18/23 212,238.28 4.94 604.50 221,516.85 223,338.83 FHMS K743 A2
DTD 06/01/2021 1.770% 05/01/2028
3137H14B9 230,000.00 AA+ Aa1 08/10/23 08/15/23 201,303.91 4.68 339.25 217,086.76 219,167.69 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 155,737.57 AA+ Aa1 07/19/23 07/27/23 155,733.66 4.78 619.97 155,735.79 156,635.71 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 200,000.00 AA+ Aa1 07/13/23 07/20/23 201,997.60 4.59 803.17 200,904.83 202,233.40 FNA 2023-M6 A2
DTD 07/01/2023 4.184% 07/01/2028
3136BQDE6 183,301.41 AA+ Aa1 07/18/23 07/31/23 180,193.88 4.58 639.13 181,856.77 183,132.95 FHMS KJ47 A1
DTD 09/01/2023 5.272% 08/01/2028
3137HAMN3 56,205.82 AA+ Aa1 09/19/23 09/28/23 56,205.54 5.27 246.93 56,205.70 56,699.09 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 200,000.00 AA+ Aa1 10/11/23 10/19/23 195,612.80 5.25 790.00 197,682.05 202,149.80 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 210,000.00 AA+ Aa1 09/07/23 09/14/23 206,893.47 4.99 813.75 208,391.91 212,115.75 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 150,000.00 AA+ Aa1 10/25/23 10/31/23 145,217.55 5.60 606.25 147,365.62 152,242.05 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 200,000.00 AA+ Aa1 09/20/23 09/28/23 197,609.40 5.07 800.00 198,712.14 202,565.00 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 75,000.00 AA+ Aa1 11/14/23 11/21/23 74,783.18 5.14 316.81 74,879.94 76,513.20 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 110,000.00 AA+ Aa1 11/28/23 12/07/23 109,683.97 4.93 445.50 109,823.96 111,713.36 FHMS K512 A2
DTD 12/01/2023 5.000% 11/01/2028
3137HBCF9 96,743.02 AA+ Aa1 12/11/23 12/21/23 97,646.41 4.79 403.10 97,256.72 98,671.89 PFM Asset Management, a division of Account 581-00 Page 10 U.S. Bancorp Asset Management, Inc.

Page 72 of 960 ends

Managed Account Detail of Securities Held For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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
FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 215,000.00 AA+ Aa1 03/03/26 03/06/26 218,569.34 3.95 819.15 218,486.23 216,865.77 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 170,000.00 AA+ Aa1 07/16/24 07/25/24 171,043.97 4.58 668.67 170,718.87 172,726.63 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 195,000.00 AA+ Aa1 08/07/24 08/15/24 196,824.03 4.33 738.24 196,268.27 196,961.90 FHMS K537 A2
DTD 03/01/2025 4.430% 02/01/2030
3137HKPF5 120,000.00 AA+ Aa1 03/11/25 03/20/25 119,998.68 4.43 443.00 119,999.14 120,796.44 FHMS K547 A2
DTD 09/01/2025 4.421% 05/01/2030
3137HN6B9 135,000.00 AA+ Aa1 09/23/25 09/29/25 137,020.82 4.06 497.36 136,850.69 135,853.07 FHMS K543 A2
DTD 07/01/2025 4.329% 06/01/2030
3137HMC65 230,000.00 AA+ Aa1 03/09/26 03/12/26 232,866.02 4.01 829.73 232,834.60 230,650.44 FHMS K552 A2
DTD 12/01/2025 4.092% 11/01/2030
3137HPEX7 120,000.00 AA+ Aa1 12/16/25 12/23/25 119,995.68 4.09 409.20 119,995.93 119,009.76 FHMS K551 A2
DTD 12/01/2025 4.165% 11/01/2030
3137HNWV6 135,000.00 AA+ Aa1 11/25/25 12/05/25 136,191.37 3.97 468.56 136,121.46 134,311.37 FHMS K554 A2
DTD 01/01/2026 4.220% 12/01/2030
3137HPUA9 250,000.00 AA+ Aa1 02/26/26 03/02/26 253,642.58 3.89 879.17 253,588.02 249,707.75 FHMS K557 A2
DTD 03/01/2026 3.936% 01/01/2031
3137HQSP7 105,000.00 AA+ Aa1 03/03/26 03/12/26 104,998.00 3.94 344.40 104,998.15 103,449.68 FHMS K558 A2
DTD 03/01/2026 4.130% 03/01/2031
3137HQSV4 150,000.00 AA+ Aa1 03/17/26 03/26/26 150,390.00 4.07 516.25 150,395.01 149,268.15 Security Type Sub-Total 4,049,074.22 4,004,680.76 4.54 14,410.50 4,039,007.34 4,058,159.55 Federal Agency Bond / Note

FEDERAL HOME LOAN BANK (CALLABLE)
DTD 07/11/2025 4.400% 07/10/2029
3130B72U7 355,000.00 AA+ Aa1 07/09/25 07/11/25 355,000.00 4.40 3,514.50 355,000.00 354,428.10 Security Type Sub-Total 355,000.00 355,000.00 4.40 3,514.50 355,000.00 354,428.10 PFM Asset Management, a division of Account 581-00 Page 11 U.S. Bancorp Asset Management, Inc.

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BANK OF AMERICA NA (CALLABLE)
DTD 08/18/2023 5.526% 08/18/2026
06428CAA2 300,000.00 A+ Aa2 08/14/23 08/18/23 300,000.00 5.53 1,980.15 300,000.00 301,295.70

MORGAN STANLEY
DTD 01/20/2017 3.625% 01/20/2027
61746BEF9 90,000.00 A- A1 07/14/23 07/18/23 85,723.20 5.12 643.44 89,020.61 89,623.89

GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 01/26/2017 3.850% 01/26/2027
38141GWB6 175,000.00 BBB+ A2 07/01/22 07/06/22 169,972.25 4.55 1,216.49 174,095.62 174,435.63

STATE STREET CORP (CALLABLE)
DTD 03/18/2024 4.993% 03/18/2027
857477CL5 90,000.00 A Aa3 03/13/24 03/18/24 90,000.00 4.99 162.27 90,000.00 90,615.87

NORTHERN TRUST CORP (CALLABLE)
DTD 05/10/2022 4.000% 05/10/2027
665859AW4 100,000.00 A+ A2 05/10/22 05/12/22 100,966.00 3.79 1,566.67 100,201.61 99,880.60

UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/20/2022 3.700% 05/15/2027
91324PEG3 30,000.00 A+ A2 05/17/22 05/20/22 29,983.80 3.71 419.33 29,996.35 29,812.80

UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/20/2022 3.700% 05/15/2027
91324PEG3 120,000.00 A+ A2 06/02/22 06/06/22 120,979.20 3.52 1,677.33 120,209.39 119,251.20

PNC FINANCIAL SERVICES (CALLABLE)
DTD 05/19/2017 3.150% 05/19/2027
693475AT2 125,000.00 A- A3 08/04/22 08/08/22 122,647.50 3.58 1,443.75 124,442.29 123,499.50

BP CAP MARKETS AMERICA (CALLABLE)
DTD 05/17/2024 5.017% 11/17/2027
10373QBY5 115,000.00 A- A1 05/15/24 05/17/24 115,000.00 5.02 2,147.55 115,000.00 116,509.49

JPMORGAN CHASE & CO (CALLABLE)
DTD 01/23/2024 5.040% 01/23/2028
46647PEA0 85,000.00 A A1 01/16/24 01/23/24 85,000.00 5.04 809.20 85,000.00 85,431.12

ABBVIE INC
DTD 03/04/2026 3.775% 03/03/2028
00287YED7 65,000.00 A- A2 02/24/26 03/04/26 64,977.90 3.79 184.03 64,978.75 64,563.07

NATIONAL RURAL UTIL COOP (CALLABLE)
DTD 12/16/2022 4.800% 03/15/2028
63743HFG2 125,000.00 A- A2 05/25/23 05/30/23 124,590.00 4.88 266.67 124,832.67 126,115.25 CINTAS CORPORATION NO. 2 (CALLABLE)
DTD 05/02/2025 4.200% 05/01/2028
17252MAR1 65,000.00 A- A3 04/28/25 05/02/25 64,916.80 4.25 1,137.50 64,941.13 64,889.57

HERSHEY COMPANY (CALLABLE)
DTD 05/04/2023 4.250% 05/04/2028
427866BH0 40,000.00 A A1 05/01/23 05/04/23 39,942.80 4.28 694.17 39,976.07 40,043.12 PFM Asset Management, a division of Account 581-00 Page 12 U.S. Bancorp Asset Management, Inc.

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CUMMINS INC (CALLABLE)
DTD 05/09/2025 4.250% 05/09/2028
231021AY2 10,000.00 A A2 05/06/25 05/09/25 9,993.00 4.28 167.64 9,995.00 10,014.12

LOCKHEED MARTIN CORP (CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028
539830BZ1 15,000.00 A- A2 05/23/23 05/25/23 14,973.00 4.49 252.17 14,988.48 15,089.31

LOCKHEED MARTIN CORP (CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028
539830BZ1 45,000.00 A- A2 06/02/23 06/06/23 44,838.00 4.53 756.50 44,930.43 45,267.93

META PLATFORMS INC (CALLABLE)
DTD 05/03/2023 4.600% 05/15/2028
30303M8L9 100,000.00 AA- Aa3 06/01/23 06/05/23 100,150.00 4.56 1,737.78 100,064.38 101,101.80

AUTOMATIC DATA PROCESSNG (CALLABLE)
DTD 05/14/2021 1.700% 05/15/2028
053015AG8 180,000.00 AA- Aa3 03/02/26 03/05/26 172,326.60 3.74 1,156.00 172,568.95 171,478.62

MERCK & CO INC (CALLABLE)
DTD 05/17/2023 4.050% 05/17/2028
58933YBH7 60,000.00 A+ Aa3 05/08/23 05/17/23 59,951.40 4.07 904.50 59,979.32 60,070.38

NATIONAL AUSTRALIA BK/NY
DTD 06/13/2023 4.900% 06/13/2028
63253QAE4 250,000.00 AA- Aa2 06/06/23 06/13/23 249,572.50 4.94 3,675.00 249,811.90 253,823.25

AMERICAN HONDA FINANCE
DTD 07/07/2023 5.125% 07/07/2028
02665WEM9 80,000.00 BBB+ A3 07/05/23 07/07/23 79,964.80 5.14 956.67 79,984.04 80,851.92

PACCAR FINANCIAL CORP
DTD 08/10/2023 4.950% 08/10/2028
69371RS64 100,000.00 A+ A1 08/03/23 08/10/23 99,842.00 4.99 701.25 99,925.48 101,715.60

TOYOTA MOTOR CREDIT CORP
DTD 09/11/2023 5.250% 09/11/2028
89236TLB9 85,000.00 A+ A1 09/06/23 09/11/23 84,852.10 5.29 247.92 84,923.01 87,036.94

ANALOG DEVICES INC (CALLABLE)
DTD 10/05/2021 1.700% 10/01/2028
032654AU9 150,000.00 A- A2 10/30/23 11/01/23 125,841.00 5.48 1,275.00 137,715.76 141,139.20

JPMORGAN CHASE & CO (CALLABLE)
DTD 01/24/2025 4.915% 01/24/2029
46647PEU6 60,000.00 A A1 01/16/25 01/24/25 60,000.00 4.92 548.84 60,000.00 60,511.02

PNC FINANCIAL SERVICES (CALLABLE)
DTD 01/26/2026 4.075% 01/26/2029
693475CG8 85,000.00 A- A3 01/21/26 01/26/26 85,000.00 4.08 625.40 85,000.00 84,551.46

AMERICAN EXPRESS CO (CALLABLE)
DTD 02/10/2026 4.009% 02/09/2029
025816EN5 85,000.00 A- A2 02/03/26 02/10/26 85,000.00 4.01 482.75 85,000.00 84,457.11 PFM Asset Management, a division of Account 581-00 Page 13 U.S. Bancorp Asset Management, Inc.

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ALPHABET INC (CALLABLE)
DTD 02/13/2026 3.700% 02/15/2029
02079KBJ5 20,000.00 AA+ Aa2 02/09/26 02/13/26 19,927.40 3.83 98.67 19,930.48 19,828.12

CISCO SYSTEMS INC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
17275RBR2 110,000.00 AA- A1 02/21/24 02/26/24 109,961.50 4.86 518.68 109,976.74 112,014.43

BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
09290DAA9 15,000.00 AA- Aa3 03/05/24 03/14/24 14,972.85 4.74 33.29 14,983.24 15,233.16

BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
09290DAA9 225,000.00 AA- Aa3 03/07/24 03/14/24 225,555.75 4.64 499.38 225,343.90 228,497.40

SALESFORCE INC (CALLABLE)
DTD 03/13/2026 4.650% 03/15/2029
79466LAR5 215,000.00 A+ A2 03/11/26 03/13/26 214,952.70 4.66 499.88 214,953.61 215,445.27

ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
00724PAF6 85,000.00 A+ A1 04/01/24 04/04/24 84,873.35 4.83 2,006.00 84,920.22 86,385.16

MORGAN STANLEY (CALLABLE)
DTD 04/17/2025 4.994% 04/12/2029
61747YFY6 55,000.00 A- A1 04/14/25 04/17/25 55,000.00 4.99 1,289.42 55,000.00 55,504.24

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 25,000.00 A A2 06/17/24 06/25/24 24,838.75 4.90 316.67 24,891.37 25,384.23

PEPSICO INC (CALLABLE)
DTD 07/17/2024 4.500% 07/17/2029
713448FX1 105,000.00 A+ A1 07/15/24 07/17/24 104,837.25 4.53 971.25 104,889.06 106,009.16

CITIBANK NA (CALLABLE)
DTD 08/06/2024 4.838% 08/06/2029
17325FBK3 250,000.00 A+ Aa3 08/05/24 08/06/24 251,997.50 4.66 1,847.85 251,375.71 253,326.50

PACCAR FINANCIAL CORP
DTD 09/26/2024 4.000% 09/26/2029
69371RT48 50,000.00 A+ A1 09/23/24 09/26/24 49,897.00 4.05 27.78 49,926.08 49,674.80

ADOBE INC (CALLABLE)
DTD 01/17/2025 4.950% 01/17/2030
00724PAJ8 100,000.00 A+ A1 01/14/25 01/17/25 99,847.00 4.98 1,017.50 99,880.73 102,090.80

MORGAN STANLEY (CALLABLE)
DTD 01/23/2019 4.431% 01/23/2030
6174468G7 100,000.00 A- A1 01/23/26 01/26/26 100,492.00 4.30 836.97 100,471.56 99,549.80

PEPSICO INC (CALLABLE)
DTD 02/07/2025 4.600% 02/07/2030
713448GB8 100,000.00 A+ A1 02/07/25 02/10/25 99,428.00 4.73 690.00 99,547.77 101,299.10 PFM Asset Management, a division of Account 581-00 Page 14 U.S. Bancorp Asset Management, Inc.

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HERSHEY COMPANY (CALLABLE)
DTD 02/24/2025 4.750% 02/24/2030
427866BL1 65,000.00 A A1 02/19/25 02/24/25 64,885.60 4.79 317.33 64,908.58 66,027.00

STATE STREET CORP (CALLABLE)
DTD 04/24/2025 4.834% 04/24/2030
857477DB6 35,000.00 A Aa3 04/22/25 04/24/25 35,000.00 4.83 737.86 35,000.00 35,550.66

HOME DEPOT INC (CALLABLE)
DTD 09/15/2025 3.950% 09/15/2030
437076DJ8 35,000.00 A A2 09/08/25 09/15/25 34,874.35 4.03 61.44 34,886.99 34,544.27

NOVARTIS CAPITAL CORP (CALLABLE)
DTD 11/05/2025 4.100% 11/05/2030
66989HAY4 225,000.00 AA- Aa3 11/03/25 11/05/25 224,325.00 4.17 3,741.25 224,375.63 222,493.73

SHELL FINANCE US INC (CALLABLE)
DTD 11/06/2025 4.125% 11/06/2030
822905AN5 45,000.00 A+ Aa2 11/03/25 11/06/25 44,827.20 4.21 747.66 44,839.98 44,558.46

ALPHABET INC (CALLABLE)
DTD 11/06/2025 4.100% 11/15/2030
02079KAW7 225,000.00 AA+ Aa2 11/07/25 11/17/25 225,686.25 4.03 3,715.63 225,639.00 223,466.17

NORTHERN TRUST CORP
DTD 11/19/2025 4.150% 11/19/2030
665859AY0 45,000.00 A+ A2 11/12/25 11/19/25 44,977.95 4.16 684.75 44,979.53 44,595.94

NORTHERN TRUST CORP
DTD 11/19/2025 4.150% 11/19/2030
665859AY0 180,000.00 A+ A2 11/13/25 11/19/25 179,775.00 4.18 2,739.00 179,790.47 178,383.78

CATERPILLAR FINL SERVICE
DTD 01/08/2026 4.150% 01/08/2031
14913UBH2 25,000.00 A A2 01/05/26 01/08/26 24,991.00 4.16 239.20 24,991.43 24,765.88

TOYOTA MOTOR CREDIT CORP
DTD 01/12/2026 4.200% 01/10/2031
89236TPH2 100,000.00 A+ A1 01/07/26 01/12/26 99,969.00 4.21 921.67 99,970.44 98,622.20

TOTALENERGI CAP USA LLC (CALLABLE)
DTD 01/13/2026 4.248% 01/13/2031
89158TAA7 115,000.00 A+ Aa3 01/06/26 01/13/26 115,000.00 4.25 1,058.46 115,000.00 113,939.01

TOTALENERGI CAP USA LLC (CALLABLE)
DTD 01/13/2026 4.248% 01/13/2031
89158TAA7 150,000.00 A+ Aa3 01/07/26 01/13/26 150,538.50 4.17 1,380.60 150,516.90 148,616.10

ASTRAZENECA FINANCE LLC (CALLABLE)
DTD 03/02/2026 4.000% 03/02/2031
04636NAQ6 200,000.00 A+ A1 02/25/26 03/02/26 199,642.00 4.04 644.44 199,648.12 196,525.40

JOHN DEERE CAPITAL CORP
DTD 03/10/2026 4.200% 03/10/2031
24422EYL7 60,000.00 A A1 03/05/26 03/10/26 59,986.80 4.20 147.00 59,987.01 59,430.72 PFM Asset Management, a division of Account 581-00 Page 15 U.S. Bancorp Asset Management, Inc.

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TRUIST BANK (CALLABLE)
DTD 10/23/2025 4.136% 10/23/2029
89788JAH2 160,000.00 A A3 01/22/26 01/23/26 159,446.40 4.24 2,904.39 159,472.65 158,476.96 Security Type Sub-Total 160,000.00 159,446.40 4.24 2,904.39 159,472.65 158,476.96 Managed Account Sub-Total 23,374,074.22 22,874,893.51 4.20 159,278.83 23,117,746.97 23,168,004.63 Joint Powers Authority
CAMP Pool 67,410.44 AAAm NR 67,410.44 0.00 67,410.44 67,410.44 Liquid Sub-Total 67,410.44 67,410.44 0.00 67,410.44 67,410.44 $23,441,484.66 $22,942,303.95 4.20% $159,278.83 $23,185,157.41 $23,235,415.07 $23,394,693.90
$159,278.83
Total Investments
Accrued Interest
Securities Sub-Total
PFM Asset Management, a division of Account 581-00 Page 16 U.S. Bancorp Asset Management, Inc.

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Managed Account Fair Market Value & Analytics For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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 9128282R0 55,000.00 BMO 97.89 53,839.83 2,395.49 (119.64) DTD 08/15/2017 2.250% 08/15/2027

1.33 3.84
US TREASURY N/B 9128282R0 150,000.00 WellsFar 97.89 146,835.90 3,240.20 (83.69) DTD 08/15/2017 2.250% 08/15/2027

1.33 3.84
US TREASURY N/B 9128282R0 220,000.00 Citigrou 97.89 215,359.32 3,987.44 (494.46) DTD 08/15/2017 2.250% 08/15/2027

1.33 3.84
US TREASURY N/B 91282CAL5 200,000.00 BMO 95.00 189,992.20 13,414.07 (396.58) DTD 09/30/2020 0.375% 09/30/2027

1.47 3.85
US TREASURY N/B 91282CFM8 785,000.00 MorganSt 100.41 788,220.07 (3,802.00) (1,911.35) DTD 09/30/2022 4.125% 09/30/2027

1.44 3.84
US TREASURY N/B 91282CAU5 200,000.00 WellsFar 94.91 189,820.40 9,586.02 1,214.26 DTD 11/02/2020 0.500% 10/31/2027

1.55 3.85
US TREASURY N/B 91282CAU5 325,000.00 Citigrou 94.91 308,458.15 15,805.81 1,540.48 DTD 11/02/2020 0.500% 10/31/2027

1.55 3.85
US TREASURY N/B 91282CAU5 415,000.00 WellsFar 94.91 393,877.33 2,739.83 (2,165.69) DTD 11/02/2020 0.500% 10/31/2027

1.55 3.85
US TREASURY N/B 9128283F5 240,000.00 WellsFar 97.51 234,028.08 187.45 (1,011.86) DTD 11/15/2017 2.250% 11/15/2027

1.56 3.85
US TREASURY N/B 9128283F5 500,000.00 BOFAML 97.51 487,558.50 19,140.53 (1,733.58) DTD 11/15/2017 2.250% 11/15/2027

1.56 3.85
US TREASURY N/B 91282CGC9 120,000.00 BMO 100.07 120,084.36 (1,204.70) (397.34) DTD 01/03/2023 3.875% 12/31/2027

1.66 3.83
US TREASURY N/B 91282CGC9 145,000.00 BMO 100.07 145,101.94 (832.63) (674.12) DTD 01/03/2023 3.875% 12/31/2027

1.66 3.83
US TREASURY N/B 91282CGC9 195,000.00 BMO 100.07 195,137.09 (1,279.71) (1,098.35) DTD 01/03/2023 3.875% 12/31/2027

1.66 3.83
US TREASURY N/B 91282CGC9 215,000.00 Barclays 100.07 215,151.15 5,215.41 2,733.53 DTD 01/03/2023 3.875% 12/31/2027

1.66 3.83
US TREASURY N/B 91282CMF5 175,000.00 WellsFar 100.71 176,237.25 (847.71) (663.00) DTD 01/15/2025 4.250% 01/15/2028

1.70 3.83
US TREASURY N/B 91282CMF5 400,000.00 Citigrou 100.71 402,828.00 3,031.12 2,954.15 DTD 01/15/2025 4.250% 01/15/2028

1.70 3.83
US TREASURY N/B 91282CGT2 150,000.00 WellsFar 99.64 149,455.05 1,142.55 575.65 DTD 03/31/2023 3.625% 03/31/2028

1.91 3.82
PFM Asset Management, a division of Account 581-00 Page 17 U.S. Bancorp Asset Management, Inc.

Page 79 of 960 ends

Managed Account Fair Market Value & Analytics For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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 91282CGT2 250,000.00 WellsFar 99.64 249,091.75 771.44 233.00 DTD 03/31/2023 3.625% 03/31/2028

1.91 3.82
US TREASURY N/B 91282CBZ3 20,000.00 RBS 94.90 18,980.46 1,211.71 (72.72) DTD 04/30/2021 1.250% 04/30/2028

2.01 3.82
US TREASURY N/B 91282CCH2 550,000.00 MorganSt 94.52 519,835.80 44,536.97 5,954.56 DTD 06/30/2021 1.250% 06/30/2028

2.17 3.82
US TREASURY N/B 91282CDF5 200,000.00 WellsFar 94.04 188,078.20 187.57 (1,443.41) DTD 11/01/2021 1.375% 10/31/2028

2.48 3.82
US TREASURY N/B 91282CDF5 250,000.00 MorganSt 94.04 235,097.75 13,056.73 85.41 DTD 11/01/2021 1.375% 10/31/2028

2.48 3.82
US TREASURY N/B 91282CDF5 270,000.00 Citigrou 94.04 253,905.57 16,600.88 2,050.41 DTD 11/01/2021 1.375% 10/31/2028

2.48 3.82
US TREASURY N/B 9128285M8 100,000.00 Nomura 98.26 98,257.80 3,078.11 988.27 DTD 11/15/2018 3.125% 11/15/2028

2.46 3.83
US TREASURY N/B 91282CPK1 125,000.00 MorganSt 99.19 123,989.25 (1,020.52) (1,019.75) DTD 11/17/2025 3.500% 11/15/2028

2.45 3.83
US TREASURY N/B 9128285M8 165,000.00 BOFAML 98.26 162,125.37 (1,179.51) (1,359.18) DTD 11/15/2018 3.125% 11/15/2028

2.46 3.83
US TREASURY N/B 9128285M8 200,000.00 BOFAML 98.26 196,515.60 6,484.35 1,812.02 DTD 11/15/2018 3.125% 11/15/2028

2.46 3.83
US TREASURY N/B 9128285M8 240,000.00 WellsFar 98.26 235,818.72 7,190.59 1,857.27 DTD 11/15/2018 3.125% 11/15/2028

2.46 3.83
US TREASURY N/B 91282CDW8 170,000.00 BMO 94.46 160,576.90 6,175.73 (553.51) DTD 01/31/2022 1.750% 01/31/2029

2.72 3.83
US TREASURY N/B 9128286B1 250,000.00 BOFAML 96.75 241,875.00 11,660.16 4,479.77 DTD 02/15/2019 2.625% 02/15/2029

2.73 3.83
US TREASURY N/B 9128286B1 350,000.00 BOFAML 96.75 338,625.00 19,236.33 7,814.00 DTD 02/15/2019 2.625% 02/15/2029

2.73 3.83
US TREASURY N/B 91282CEM9 210,000.00 BOFAML 97.22 204,159.48 3,240.33 241.45 DTD 05/02/2022 2.875% 04/30/2029

2.88 3.84
US TREASURY N/B 91282CEM9 260,000.00 WellsFar 97.22 252,768.88 (2,691.28) (2,792.76) DTD 05/02/2022 2.875% 04/30/2029

2.88 3.84
US TREASURY N/B 91282CFC0 40,000.00 WellsFar 96.18 38,471.88 448.44 81.80 DTD 08/01/2022 2.625% 07/31/2029

3.14 3.86
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Managed Account Fair Market Value & Analytics For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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 91282CFL0 140,000.00 BMO 100.01 140,010.92 1,553.11 1,139.52 DTD 09/30/2022 3.875% 09/30/2029

3.24 3.87
US TREASURY N/B 91282CFL0 225,000.00 BOFAML 100.01 225,017.55 3,128.88 2,301.03 DTD 09/30/2022 3.875% 09/30/2029

3.24 3.87
US TREASURY N/B 91282CFT3 100,000.00 Citigrou 100.40 100,398.40 1,738.24 1,396.96 DTD 10/31/2022 4.000% 10/31/2029

3.26 3.88
US TREASURY N/B 91282CLR0 160,000.00 BMO 100.82 161,312.48 (1,125.02) (942.42) DTD 10/31/2024 4.125% 10/31/2029

3.25 3.88
US TREASURY N/B 91282CFT3 270,000.00 WellsFar 100.40 271,075.68 2,763.18 2,339.94 DTD 10/31/2022 4.000% 10/31/2029

3.26 3.88
US TREASURY N/B 91282CMD0 300,000.00 MorganSt 101.69 305,074.20 4,863.26 4,910.92 DTD 12/31/2024 4.375% 12/31/2029

3.40 3.88
US TREASURY N/B 91282CGJ4 105,000.00 WellsFar 98.61 103,539.87 (1,119.70) (1,151.31) DTD 01/31/2023 3.500% 01/31/2030

3.53 3.89
US TREASURY N/B 91282CGJ4 175,000.00 Citigrou 98.61 172,566.45 1,968.79 1,077.45 DTD 01/31/2023 3.500% 01/31/2030

3.53 3.89
US TREASURY N/B 91282CMU2 55,000.00 Citigrou 100.36 55,197.67 (85.92) (83.82) DTD 03/31/2025 4.000% 03/31/2030

3.67 3.90
US TREASURY N/B 91282CGS4 200,000.00 WellsFar 98.96 197,929.60 2,796.79 1,928.66 DTD 03/31/2023 3.625% 03/31/2030

3.69 3.91
US TREASURY N/B 91282CGS4 260,000.00 WellsFar 98.96 257,308.48 (2,457.93) (2,485.34) DTD 03/31/2023 3.625% 03/31/2030

3.69 3.91
US TREASURY N/B 91282CMU2 300,000.00 Nomura 100.36 301,078.20 35.23 226.83 DTD 03/31/2025 4.000% 03/31/2030

3.67 3.90
US TREASURY N/B 91282CGZ8 400,000.00 Nomura 98.48 393,906.40 2,328.27 1,021.97 DTD 05/01/2023 3.500% 04/30/2030

3.71 3.91
US TREASURY N/B 91282CHF1 600,000.00 Citigrou 99.39 596,343.60 (1,898.59) (2,145.12) DTD 05/31/2023 3.750% 05/31/2030

3.78 3.91
US TREASURY N/B 91282CNN7 40,000.00 BMO 99.83 39,932.80 (414.08) (381.31) DTD 07/31/2025 3.875% 07/31/2030

3.93 3.92
US TREASURY N/B 91282CNN7 210,000.00 BMO 99.83 209,647.20 (1,657.10) (1,533.23) DTD 07/31/2025 3.875% 07/31/2030

3.93 3.92
US TREASURY N/B 91282CNN7 250,000.00 WellsFar 99.83 249,580.00 (1,689.53) (1,553.81) DTD 07/31/2025 3.875% 07/31/2030

3.93 3.92
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Page 81 of 960 ends

Managed Account Fair Market Value & Analytics For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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 91282CJM4 250,000.00 Nomura 101.81 254,521.50 (3,964.83) (3,457.78) DTD 11/30/2023 4.375% 11/30/2030

4.14 3.95
US TREASURY N/B 91282CKC4 670,000.00 WellsFar 101.30 678,689.23 (2,276.79) (2,196.88) DTD 02/29/2024 4.250% 02/28/2031

4.40 3.96
Security Type Sub-Total 12,850,000.00 12,643,288.26 205,393.46 17,037.30 2.63 3.86 Municipal Bond / Note
LOS ANGELES UN SD-B 544647FC9 50,000.00 Barclays 99.40 49,699.20 (300.80) (300.80) DTD 11/10/2021 1.455% 07/01/2026

0.25 3.87
Security Type Sub-Total 50,000.00 49,699.20 (300.80) (300.80) 0.25 3.87 Federal Agency Commercial Mortgage-Backed Security
FHMS K061 A2 3137BTUM1 132,086.40 Citigrou 99.47 131,379.87 3,359.25 47.94 DTD 01/01/2017 3.347% 11/01/2026

0.57 3.93
FHMS K064 A2 3137BXQY1 225,000.00 MorganSt 99.26 223,338.83 11,100.55 1,821.98 DTD 05/01/2017 3.224% 03/01/2027

0.80 3.91
FHMS K743 A2 3137H14B9 230,000.00 PNCBank 95.29 219,167.69 17,863.78 2,080.93 DTD 06/01/2021 1.770% 05/01/2028

2.02 4.09
FHMS KJ46 A1 3137HAD45 155,737.57 JPMorgan 100.58 156,635.71 902.05 899.92 DTD 07/01/2023 4.777% 06/01/2028

1.18 4.07
FHMS K505 A2 3137HACX2 200,000.00 JPMorgan 101.12 202,233.40 235.80 1,328.57 DTD 07/01/2023 4.819% 06/01/2028

1.98 4.14
FNA 2023-M6 A2 3136BQDE6 183,301.41 JPMorgan 99.91 183,132.95 2,939.07 1,276.18 DTD 07/01/2023 4.184% 07/01/2028

2.12 4.13
FHMS KJ47 A1 3137HAMN3 56,205.82 JPMorgan 100.88 56,699.09 493.55 493.39 DTD 09/01/2023 5.272% 08/01/2028

1.10 4.21
FHMS K508 A2 3137HAQ74 200,000.00 BMO 101.07 202,149.80 6,537.00 4,467.75 DTD 10/01/2023 4.740% 08/01/2028

2.16 4.14
FHMS K506 A2 3137HAMH6 210,000.00 WellsFar 101.01 212,115.75 5,222.28 3,723.84 DTD 09/01/2023 4.650% 08/01/2028

2.13 4.08
FHMS K509 A2 3137HAST4 150,000.00 MorganSt 101.49 152,242.05 7,024.50 4,876.43 DTD 10/01/2023 4.850% 09/01/2028

2.24 4.09
PFM Asset Management, a division of Account 581-00 Page 20 U.S. Bancorp Asset Management, Inc.

Page 82 of 960 ends

Managed Account Fair Market Value & Analytics For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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 K507 A2 3137HAMS2 200,000.00 BOFAML 101.28 202,565.00 4,955.60 3,852.86 DTD 09/01/2023 4.800% 09/01/2028

2.20 4.12
FHMS K510 A2 3137HB3D4 75,000.00 JPMorgan 102.02 76,513.20 1,730.02 1,633.26 DTD 11/01/2023 5.069% 10/01/2028

2.28 4.09
FHMS K511 A2 3137HB3G7 110,000.00 BOFAML 101.56 111,713.36 2,029.39 1,889.40 DTD 12/01/2023 4.860% 10/01/2028

2.31 4.10
FHMS K512 A2 3137HBCF9 96,743.02 JPMorgan 101.99 98,671.89 1,025.48 1,415.17 DTD 12/01/2023 5.000% 11/01/2028

2.32 4.05
FHMS K514 A2 3137HBLV4 215,000.00 WellsFar 100.87 216,865.77 (1,703.57) (1,620.46) DTD 02/01/2024 4.572% 12/01/2028

2.40 4.13
FHMS K524 A2 3137HDV56 170,000.00 PIER 101.60 172,726.63 1,682.66 2,007.76 DTD 07/01/2024 4.720% 05/01/2029

2.84 4.09
FHMS K526 A2 3137HDXL9 195,000.00 BMO 101.01 196,961.90 137.87 693.63 DTD 08/01/2024 4.543% 07/01/2029

3.00 4.15
FHMS K537 A2 3137HKPF5 120,000.00 MorganSt 100.66 120,796.44 797.76 797.30 DTD 03/01/2025 4.430% 02/01/2030

3.51 4.20
FHMS K547 A2 3137HN6B9 135,000.00 JPMorgan 100.63 135,853.07 (1,167.75) (997.62) DTD 09/01/2025 4.421% 05/01/2030

3.56 4.20
FHMS K543 A2 3137HMC65 230,000.00 Citigrou 100.28 230,650.44 (2,215.58) (2,184.16) DTD 07/01/2025 4.329% 06/01/2030

3.75 4.22
FHMS K552 A2 3137HPEX7 120,000.00 MorganSt 99.17 119,009.76 (985.92) (986.17) DTD 12/01/2025 4.092% 11/01/2030

4.12 4.26
FHMS K551 A2 3137HNWV6 135,000.00 BMO 99.49 134,311.37 (1,880.00) (1,810.09) DTD 12/01/2025 4.165% 11/01/2030

4.12 4.26
FHMS K554 A2 3137HPUA9 250,000.00 WellsFar 99.88 249,707.75 (3,934.83) (3,880.27) DTD 01/01/2026 4.220% 12/01/2030

4.18 4.22
FHMS K557 A2 3137HQSP7 105,000.00 MorganSt 98.52 103,449.68 (1,548.32) (1,548.47) DTD 03/01/2026 3.936% 01/01/2031

4.29 4.25
FHMS K558 A2 3137HQSV4 150,000.00 BMO 99.51 149,268.15 (1,121.85) (1,126.86) DTD 03/01/2026 4.130% 03/01/2031

4.29 4.22
Security Type Sub-Total 4,049,074.22 4,058,159.55 53,478.79 19,152.21 2.62 4.13 Federal Agency Bond / Note
PFM Asset Management, a division of Account 581-00 Page 21 U.S. Bancorp Asset Management, Inc.

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Managed Account Fair Market Value & Analytics For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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 Bond / Note
FEDERAL HOME LOAN BANK (CALLABLE) 3130B72U7 355,000.00 CASTST 07/10/26 99.84 354,428.10 (571.90) (571.90) DTD 07/11/2025 4.400% 07/10/2029

1.05 4.45
Security Type Sub-Total 355,000.00 354,428.10 (571.90) (571.90) 1.05 4.45 Corporate Note
BANK OF AMERICA NA (CALLABLE) 06428CAA2 300,000.00 BOFAML 07/17/26 100.43 301,295.70 1,295.70 1,295.70 DTD 08/18/2023 5.526% 08/18/2026

0.29 4.35
MORGAN STANLEY 61746BEF9 90,000.00 BOFAML 99.58 89,623.89 3,900.69 603.28 DTD 01/20/2017 3.625% 01/20/2027

0.78 4.15
GOLDMAN SACHS GROUP INC (CALLABLE) 38141GWB6 175,000.00 Deutsche 07/26/26 99.68 174,435.63 4,463.38 340.01 DTD 01/26/2017 3.850% 01/26/2027

0.71 4.25
STATE STREET CORP (CALLABLE) 857477CL5 90,000.00 MorganSt 02/18/27 100.68 90,615.87 615.87 615.87 DTD 03/18/2024 4.993% 03/18/2027

0.88 4.26
NORTHERN TRUST CORP (CALLABLE) 665859AW4 100,000.00 JPMorgan 04/10/27 99.88 99,880.60 (1,085.40) (321.01) DTD 05/10/2022 4.000% 05/10/2027

1.03 4.11
UNITEDHEALTH GROUP INC (CALLABLE) 91324PEG3 30,000.00 BOFAML 04/15/27 99.38 29,812.80 (171.00) (183.55) DTD 05/20/2022 3.700% 05/15/2027

1.05 4.27
UNITEDHEALTH GROUP INC (CALLABLE) 91324PEG3 120,000.00 Barclays 04/15/27 99.38 119,251.20 (1,728.00) (958.19) DTD 05/20/2022 3.700% 05/15/2027

1.05 4.27
PNC FINANCIAL SERVICES (CALLABLE) 693475AT2 125,000.00 BOFAML 04/19/27 98.80 123,499.50 852.00 (942.79) DTD 05/19/2017 3.150% 05/19/2027

1.08 4.24
BP CAP MARKETS AMERICA (CALLABLE) 10373QBY5 115,000.00 Deutsche 10/17/27 101.31 116,509.49 1,509.49 1,509.49 DTD 05/17/2024 5.017% 11/17/2027

1.47 4.17
JPMORGAN CHASE & CO (CALLABLE) 46647PEA0 85,000.00 JPMorgan 01/23/27 100.51 85,431.12 431.12 431.12 DTD 01/23/2024 5.040% 01/23/2028

0.79 4.64
ABBVIE INC 00287YED7 65,000.00 BOFAML 99.33 64,563.07 (414.83) (415.68) DTD 03/04/2026 3.775% 03/03/2028

1.83 4.14
NATIONAL RURAL UTIL COOP (CALLABLE) 63743HFG2 125,000.00 GoldmanS 02/15/28 100.89 126,115.25 1,525.25 1,282.58 DTD 12/16/2022 4.800% 03/15/2028

1.80 4.32
CINTAS CORPORATION NO. 2 (CALLABLE) 17252MAR1 65,000.00 MUFG 04/01/28 99.83 64,889.57 (27.23) (51.56) DTD 05/02/2025 4.200% 05/01/2028

1.91 4.28
HERSHEY COMPANY (CALLABLE) 427866BH0 40,000.00 BOFAML 04/04/28 100.11 40,043.12 100.32 67.05 DTD 05/04/2023 4.250% 05/04/2028

1.91 4.19
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Managed Account Fair Market Value & Analytics For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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
CUMMINS INC (CALLABLE) 231021AY2 10,000.00 JPMorgan 04/09/28 100.14 10,014.12 21.12 19.12 DTD 05/09/2025 4.250% 05/09/2028

1.93 4.18
LOCKHEED MARTIN CORP (CALLABLE) 539830BZ1 15,000.00 Barclays 04/15/28 100.60 15,089.31 116.31 100.83 DTD 05/25/2023 4.450% 05/15/2028

1.93 4.15
LOCKHEED MARTIN CORP (CALLABLE) 539830BZ1 45,000.00 GoldmanS 04/15/28 100.60 45,267.93 429.93 337.50 DTD 05/25/2023 4.450% 05/15/2028

1.93 4.15
META PLATFORMS INC (CALLABLE) 30303M8L9 100,000.00 JPMorgan 04/15/28 101.10 101,101.80 951.80 1,037.42 DTD 05/03/2023 4.600% 05/15/2028

1.93 4.05
AUTOMATIC DATA PROCESSNG 053015AG8 180,000.00 JPMorgan 03/15/28 95.27 171,478.62 (847.98) (1,090.33) (CALLABLE)
DTD 05/14/2021 1.700% 05/15/2028

2.02 4.05
MERCK & CO INC (CALLABLE) 58933YBH7 60,000.00 Citigrou 04/17/28 100.12 60,070.38 118.98 91.06 DTD 05/17/2023 4.050% 05/17/2028

1.95 3.99
NATIONAL AUSTRALIA BK/NY 63253QAE4 250,000.00 TD Secur 101.53 253,823.25 4,250.75 4,011.35 DTD 06/13/2023 4.900% 06/13/2028

2.04 4.16
AMERICAN HONDA FINANCE 02665WEM9 80,000.00 Citigrou 101.06 80,851.92 887.12 867.88 DTD 07/07/2023 5.125% 07/07/2028

2.10 4.62
PACCAR FINANCIAL CORP 69371RS64 100,000.00 SUMITR 101.72 101,715.60 1,873.60 1,790.12 DTD 08/10/2023 4.950% 08/10/2028

2.20 4.18
TOYOTA MOTOR CREDIT CORP 89236TLB9 85,000.00 BOFAML 102.40 87,036.94 2,184.84 2,113.93 DTD 09/11/2023 5.250% 09/11/2028

2.28 4.21
ANALOG DEVICES INC (CALLABLE) 032654AU9 150,000.00 HSBC 08/01/28 94.09 141,139.20 15,298.20 3,423.44 DTD 10/05/2021 1.700% 10/01/2028

2.40 4.21
JPMORGAN CHASE & CO (CALLABLE) 46647PEU6 60,000.00 JPMorgan 01/24/28 100.85 60,511.02 511.02 511.02 DTD 01/24/2025 4.915% 01/24/2029

1.72 4.43
PNC FINANCIAL SERVICES (CALLABLE) 693475CG8 85,000.00 PNCBank 01/26/28 99.47 84,551.46 (448.54) (448.54) DTD 01/26/2026 4.075% 01/26/2029

1.75 4.34
AMERICAN EXPRESS CO (CALLABLE) 025816EN5 85,000.00 MorganSt 02/09/28 99.36 84,457.11 (542.89) (542.89) DTD 02/10/2026 4.009% 02/09/2029

1.78 4.32
ALPHABET INC (CALLABLE) 02079KBJ5 20,000.00 JPMorgan 01/15/29 99.14 19,828.12 (99.28) (102.36) DTD 02/13/2026 3.700% 02/15/2029

2.66 4.02
CISCO SYSTEMS INC (CALLABLE) 17275RBR2 110,000.00 Citigrou 01/26/29 101.83 112,014.43 2,052.93 2,037.69 DTD 02/26/2024 4.850% 02/26/2029

2.64 4.17
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Managed Account Fair Market Value & Analytics For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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
BLACKROCK FUNDING INC (CALLABLE) 09290DAA9 15,000.00 Citigrou 02/14/29 101.55 15,233.16 260.31 249.92 DTD 03/14/2024 4.700% 03/14/2029

2.69 4.13
BLACKROCK FUNDING INC (CALLABLE) 09290DAA9 225,000.00 KEYB 02/14/29 101.55 228,497.40 2,941.65 3,153.50 DTD 03/14/2024 4.700% 03/14/2029

2.69 4.13
SALESFORCE INC (CALLABLE) 79466LAR5 215,000.00 Citigrou 02/15/29 100.21 215,445.27 492.57 491.66 DTD 03/13/2026 4.650% 03/15/2029

2.69 4.57
ADOBE INC (CALLABLE) 00724PAF6 85,000.00 BOFAML 03/04/29 101.63 86,385.16 1,511.81 1,464.94 DTD 04/04/2024 4.800% 04/04/2029

2.67 4.22
MORGAN STANLEY (CALLABLE) 61747YFY6 55,000.00 MorganSt 04/12/28 100.92 55,504.24 504.24 504.24 DTD 04/17/2025 4.994% 04/12/2029

1.87 4.68
HOME DEPOT INC (CALLABLE) 437076DC3 25,000.00 MorganSt 05/25/29 101.54 25,384.23 545.48 492.86 DTD 06/25/2024 4.750% 06/25/2029

2.90 4.23
PEPSICO INC (CALLABLE) 713448FX1 105,000.00 Citigrou 06/17/29 100.96 106,009.16 1,171.91 1,120.10 DTD 07/17/2024 4.500% 07/17/2029

2.97 4.18
CITIBANK NA (CALLABLE) 17325FBK3 250,000.00 Citigrou 07/06/29 101.33 253,326.50 1,329.00 1,950.79 DTD 08/06/2024 4.838% 08/06/2029

3.01 4.40
PACCAR FINANCIAL CORP 69371RT48 50,000.00 JPMorgan 99.35 49,674.80 (222.20) (251.28) DTD 09/26/2024 4.000% 09/26/2029

3.22 4.20
ADOBE INC (CALLABLE) 00724PAJ8 100,000.00 BOFAML 12/17/29 102.09 102,090.80 2,243.80 2,210.07 DTD 01/17/2025 4.950% 01/17/2030

3.37 4.34
MORGAN STANLEY (CALLABLE) 6174468G7 100,000.00 JANE 01/23/29 99.55 99,549.80 (942.20) (921.76) DTD 01/23/2019 4.431% 01/23/2030

2.60 4.85
PEPSICO INC (CALLABLE) 713448GB8 100,000.00 UBSS 01/07/30 101.30 101,299.10 1,871.10 1,751.33 DTD 02/07/2025 4.600% 02/07/2030

3.45 4.23
HERSHEY COMPANY (CALLABLE) 427866BL1 65,000.00 JPMorgan 01/24/30 101.58 66,027.00 1,141.40 1,118.42 DTD 02/24/2025 4.750% 02/24/2030

3.48 4.30
STATE STREET CORP (CALLABLE) 857477DB6 35,000.00 MorganSt 03/24/30 101.57 35,550.66 550.66 550.66 DTD 04/24/2025 4.834% 04/24/2030

3.56 4.41
HOME DEPOT INC (CALLABLE) 437076DJ8 35,000.00 JPMorgan 08/15/30 98.70 34,544.27 (330.08) (342.72) DTD 09/15/2025 3.950% 09/15/2030

4.02 4.27
NOVARTIS CAPITAL CORP (CALLABLE) 66989HAY4 225,000.00 JPMorgan 10/05/30 98.89 222,493.73 (1,831.27) (1,881.90) DTD 11/05/2025 4.100% 11/05/2030

4.06 4.37
SHELL FINANCE US INC (CALLABLE) 822905AN5 45,000.00 MorganSt 10/06/30 99.02 44,558.46 (268.74) (281.52) DTD 11/06/2025 4.125% 11/06/2030

4.06 4.36
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Managed Account Fair Market Value & Analytics For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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
ALPHABET INC (CALLABLE) 02079KAW7 225,000.00 JPMorgan 10/15/30 99.32 223,466.17 (2,220.08) (2,172.83) DTD 11/06/2025 4.100% 11/15/2030

4.08 4.26
NORTHERN TRUST CORP 665859AY0 45,000.00 BOFAML 99.10 44,595.94 (382.01) (383.59) DTD 11/19/2025 4.150% 11/19/2030

4.12 4.37
NORTHERN TRUST CORP 665859AY0 180,000.00 Deutsche 99.10 178,383.78 (1,391.22) (1,406.69) DTD 11/19/2025 4.150% 11/19/2030

4.12 4.37
CATERPILLAR FINL SERVICE 14913UBH2 25,000.00 Citigrou 99.06 24,765.88 (225.12) (225.55) DTD 01/08/2026 4.150% 01/08/2031

4.25 4.37
TOYOTA MOTOR CREDIT CORP 89236TPH2 100,000.00 BOFAML 98.62 98,622.20 (1,346.80) (1,348.24) DTD 01/12/2026 4.200% 01/10/2031

4.25 4.52
TOTALENERGI CAP USA LLC (CALLABLE) 89158TAA7 115,000.00 Citigrou 12/13/30 99.08 113,939.01 (1,060.99) (1,060.99) DTD 01/13/2026 4.248% 01/13/2031

4.23 4.46
TOTALENERGI CAP USA LLC (CALLABLE) 89158TAA7 150,000.00 GoldmanS 12/13/30 99.08 148,616.10 (1,922.40) (1,900.80) DTD 01/13/2026 4.248% 01/13/2031

4.23 4.46
ASTRAZENECA FINANCE LLC (CALLABLE) 04636NAQ6 200,000.00 BOFAML 02/02/31 98.26 196,525.40 (3,116.60) (3,122.72) DTD 03/02/2026 4.000% 03/02/2031

4.38 4.40
JOHN DEERE CAPITAL CORP 24422EYL7 60,000.00 Citigrou 99.05 59,430.72 (556.08) (556.29) DTD 03/10/2026 4.200% 03/10/2031

4.41 4.42
AMAZON.COM INC (CALLABLE) 023135DD5 120,000.00 JPMorgan 02/13/31 99.26 119,115.60 (692.40) (694.63) DTD 03/13/2026 4.250% 03/13/2031

4.39 4.42
Security Type Sub-Total 5,910,000.00 5,903,952.56 36,081.01 15,936.54 2.55 4.31 Bank Note
TRUIST BANK (CALLABLE) 89788JAH2 160,000.00 TD Secur 10/23/28 99.05 158,476.96 (969.44) (995.69) DTD 10/23/2025 4.136% 10/23/2029

2.37 4.54
Security Type Sub-Total 160,000.00 158,476.96 (969.44) (995.69) 2.37 4.54 Managed Account Sub-Total 23,374,074.22 23,168,004.63 293,111.12 50,257.66 2.58 4.04 Joint Powers Authority
CAMP Pool 67,410.44 1.00 67,410.44 0.00 0.00 0.00
PFM Asset Management, a division of Account 581-00 Page 25 U.S. Bancorp Asset Management, Inc.

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Managed Account Fair Market Value & Analytics For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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
Liquid Sub-Total 67,410.44 67,410.44 0.00 0.00 0.00
Total Investments $23,394,693.90
$159,278.83
$23,235,415.07
Accrued Interest
Securities Sub-Total $23,441,484.66 $293,111.12 $50,257.66 2.58 4.04% PFM Asset Management, a division of Account 581-00 Page 26 U.S. Bancorp Asset Management, Inc.

Page 88 of 960 ends

Managed Account Security Transactions & Interest For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
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
03/04/26 ABBVIE INC
DTD 03/04/2026 3.775% 03/03/2028
02/24/26 00287YED7 65,000.00 (64,977.90) 0.00 (64,977.90) 03/02/26 ASTRAZENECA FINANCE LLC
(CALLABLE)
DTD 03/02/2026 4.000% 03/02/2031
02/25/26 04636NAQ6 200,000.00 (199,642.00) 0.00 (199,642.00) 03/02/26 FHMS K554 A2
DTD 01/01/2026 4.220% 12/01/2030
02/26/26 3137HPUA9 250,000.00 (253,642.58) (29.31) (253,671.89) 03/05/26 US TREASURY N/B
DTD 05/02/2022 2.875% 04/30/2029
03/02/26 91282CEM9 260,000.00 (255,460.16) (2,581.15) (258,041.31) 03/05/26 AUTOMATIC DATA PROCESSNG
(CALLABLE)
DTD 05/14/2021 1.700% 05/15/2028
03/02/26 053015AG8 180,000.00 (172,326.60) (935.00) (173,261.60) 03/06/26 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
03/03/26 3137HBLV4 215,000.00 (218,569.34) (136.53) (218,705.87) 03/12/26 FHMS K557 A2
DTD 03/01/2026 3.936% 01/01/2031
03/03/26 3137HQSP7 105,000.00 (104,998.00) (126.28) (105,124.28) 03/10/26 JOHN DEERE CAPITAL CORP
DTD 03/10/2026 4.200% 03/10/2031
03/05/26 24422EYL7 60,000.00 (59,986.80) 0.00 (59,986.80) 03/12/26 FHMS K543 A2
DTD 07/01/2025 4.329% 06/01/2030
03/09/26 3137HMC65 230,000.00 (232,866.02) (304.23) (233,170.25) 03/13/26 AMAZON.COM INC (CALLABLE)
DTD 03/13/2026 4.250% 03/13/2031
03/10/26 023135DD5 120,000.00 (119,808.00) 0.00 (119,808.00) 03/13/26 SALESFORCE INC (CALLABLE)
DTD 03/13/2026 4.650% 03/15/2029
03/11/26 79466LAR5 215,000.00 (214,952.70) 0.00 (214,952.70) 03/17/26 US TREASURY N/B
DTD 02/29/2024 4.250% 02/28/2031
03/13/26 91282CKC4 670,000.00 (680,966.02) (1,315.42) (682,281.44) 03/26/26 FHMS K558 A2
DTD 03/01/2026 4.130% 03/01/2031
03/17/26 3137HQSV4 150,000.00 (150,390.00) (430.21) (150,820.21) 03/20/26 US TREASURY N/B
DTD 03/31/2025 4.000% 03/31/2030
03/19/26 91282CMU2 55,000.00 (55,283.59) (1,033.52) (56,317.11) Transaction Type Sub-Total 2,775,000.00 (2,783,869.71) (6,891.65) (2,790,761.36) CALL
PFM Asset Management, a division of Account 581-00 Page 27 U.S. Bancorp Asset Management, Inc.

Page 89 of 960 ends

INTEREST
03/25/26 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
03/01/26 3137F1G44 0.00 581.04 581.04
03/25/26 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
03/01/26 3137HB3G7 0.00 445.50 445.50
03/25/26 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
03/01/26 3137HAMS2 0.00 800.00 800.00
03/25/26 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
03/01/26 3137HDXL9 0.00 738.24 738.24
03/25/26 FHMS K743 A2
DTD 06/01/2021 1.770% 05/01/2028
03/01/26 3137H14B9 0.00 339.25 339.25
03/25/26 FHMS K552 A2
DTD 12/01/2025 4.092% 11/01/2030
03/01/26 3137HPEX7 0.00 409.20 409.20
03/25/26 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
03/01/26 3137HDV56 0.00 668.67 668.67
03/25/26 FHMS K547 A2
DTD 09/01/2025 4.421% 05/01/2030
03/01/26 3137HN6B9 0.00 497.36 497.36
03/25/26 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
03/01/26 3137HB3D4 0.00 316.81 316.81
03/25/26 FNA 2023-M6 A2
DTD 07/01/2023 4.184% 07/01/2028
03/01/26 3136BQDE6 0.00 639.21 639.21
03/25/26 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
03/01/26 3137HAD45 0.00 621.14 621.14
03/25/26 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
03/01/26 3137HAMH6 0.00 813.75 813.75
03/25/26 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
03/01/26 3137HAST4 0.00 606.25 606.25
03/25/26 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
03/01/26 3137HAQ74 0.00 790.00 790.00
PFM Asset Management, a division of Account 581-00 Page 28 U.S. Bancorp Asset Management, Inc.

Page 90 of 960 ends

INTEREST
03/25/26 FHMS K551 A2
DTD 12/01/2025 4.165% 11/01/2030
03/01/26 3137HNWV6 0.00 468.56 468.56
03/25/26 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
03/01/26 3137HACX2 0.00 803.17 803.17
03/25/26 FHMS K512 A2
DTD 12/01/2023 5.000% 11/01/2028
03/01/26 3137HBCF9 0.00 403.18 403.18
03/25/26 FHMS K537 A2
DTD 03/01/2025 4.430% 02/01/2030
03/01/26 3137HKPF5 0.00 443.00 443.00
03/25/26 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
03/01/26 3137BXQY1 0.00 604.50 604.50
03/25/26 FHMS KJ47 A1
DTD 09/01/2023 5.272% 08/01/2028
03/01/26 3137HAMN3 0.00 248.89 248.89
03/25/26 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
03/01/26 3137BTUM1 0.00 370.46 370.46
03/02/26 TRUIST FINANCIAL CORP (CALLABLE)
DTD 03/02/2021 1.267% 03/02/2027
03/02/26 89788MAD4 0.00 1,013.60 1,013.60
03/11/26 TOYOTA MOTOR CREDIT CORP
DTD 09/11/2023 5.250% 09/11/2028
03/11/26 89236TLB9 0.00 2,231.25 2,231.25
03/14/26 BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
03/14/26 09290DAA9 0.00 5,640.00 5,640.00
03/15/26 HOME DEPOT INC (CALLABLE)
DTD 09/15/2025 3.950% 09/15/2030
03/15/26 437076DJ8 0.00 691.25 691.25
03/15/26 NATIONAL RURAL UTIL COOP
(CALLABLE)
DTD 12/16/2022 4.800% 03/15/2028
03/15/26 63743HFG2 0.00 3,000.00 3,000.00
03/18/26 STATE STREET CORP (CALLABLE)
DTD 03/18/2024 4.993% 03/18/2027
03/18/26 857477CL5 0.00 2,246.85 2,246.85
03/26/26 PACCAR FINANCIAL CORP
DTD 09/26/2024 4.000% 09/26/2029
03/26/26 69371RT48 0.00 1,000.00 1,000.00
03/31/26 US TREASURY N/B
DTD 09/30/2022 4.125% 09/30/2027
03/31/26 91282CFM8 0.00 16,190.63 16,190.63
03/31/26 US TREASURY N/B
DTD 03/31/2025 4.000% 03/31/2030
03/31/26 91282CMU2 0.00 7,100.00 7,100.00
PFM Asset Management, a division of Account 581-00 Page 29 U.S. Bancorp Asset Management, Inc.

Page 91 of 960 ends

INTEREST
03/31/26 US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2028
03/31/26 91282CGT2 0.00 7,250.00 7,250.00
03/31/26 US TREASURY N/B
DTD 09/30/2020 0.375% 09/30/2027
03/31/26 91282CAL5 0.00 375.00 375.00
03/31/26 US TREASURY N/B
DTD 09/30/2022 3.875% 09/30/2029
03/31/26 91282CFL0 0.00 7,071.88 7,071.88
03/31/26 US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2030
03/31/26 91282CGS4 0.00 8,337.50 8,337.50
Transaction Type Sub-Total 0.00 73,756.14 73,756.14

PAYDOWNS
03/25/26 FNA 2023-M6 A2
DTD 07/01/2023 4.184% 07/01/2028
03/01/26 3136BQDE6 20.93 20.93 0.00 20.93 0.35 0.17
03/25/26 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
03/01/26 3137HAD45 295.82 295.82 0.00 295.82 0.01 0.00
03/25/26 FHMS KJ47 A1
DTD 09/01/2023 5.272% 08/01/2028
03/01/26 3137HAMN3 446.33 446.33 0.00 446.33 0.00 0.00
03/25/26 FHMS K512 A2
DTD 12/01/2023 5.000% 11/01/2028
03/01/26 3137HBCF9 19.17 19.17 0.00 19.17 (0.18) (0.10) 03/25/26 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
03/01/26 3137BTUM1 734.22 734.22 0.00 734.22 22.60 4.73 Transaction Type Sub-Total 1,516.47 1,516.47 0.00 1,516.47 22.78 4.80 SELL
03/02/26 US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
02/26/26 912828V98 110,000.00 108,663.67 102.55 108,766.22 1,430.86 (750.06) FIFO 03/02/26 US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
02/26/26 912828V98 155,000.00 153,116.99 144.51 153,261.50 1,283.59 (1,213.34) FIFO 03/02/26 US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
02/27/26 912828V98 35,000.00 34,577.54 32.63 34,610.17 458.01 (235.92) FIFO 03/02/26 US TREASURY N/B
DTD 03/15/2024 4.250% 03/15/2027
02/27/26 91282CKE0 100,000.00 100,753.91 1,972.38 102,726.29 796.88 775.47 FIFO PFM Asset Management, a division of Account 581-00 Page 30 U.S. Bancorp Asset Management, Inc.

Page 92 of 960 ends

Managed Account Security Transactions & Interest For the Month Ending March 31, 2026 LOS ALTOS HILLS - OPERATING FUND - 581-00 - (12515330)
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
SELL
03/02/26 US TREASURY N/B
DTD 03/02/2020 1.125% 02/28/2027
02/27/26 912828ZB9 175,000.00 170,912.11 10.70 170,922.81 15,339.84 1,469.45 FIFO 03/05/26 US TREASURY N/B
DTD 03/15/2024 4.250% 03/15/2027
03/02/26 91282CKE0 20,000.00 20,137.50 401.52 20,539.02 146.09 141.78 FIFO 03/05/26 US TREASURY N/B
DTD 03/15/2024 4.250% 03/15/2027
03/04/26 91282CKE0 30,000.00 30,195.70 602.28 30,797.98 208.59 202.12 FIFO 03/05/26 US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
03/04/26 91282CEV9 190,000.00 188,174.22 1,091.71 189,265.93 2,412.11 1,176.95 FIFO 03/05/26 US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
03/04/26 91282CEV9 110,000.00 108,942.97 632.05 109,575.02 773.44 238.77 FIFO 03/06/26 US TREASURY N/B
DTD 04/30/2021 1.250% 04/30/2028
03/05/26 91282CBZ3 30,000.00 28,559.77 130.52 28,690.29 1,906.64 28.58 FIFO 03/06/26 US TREASURY N/B
DTD 03/31/2021 1.250% 03/31/2028
03/05/26 91282CBS9 30,000.00 28,614.84 161.74 28,776.58 250.78 (8.45) FIFO 03/12/26 US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
03/09/26 91282CEV9 15,000.00 14,825.39 95.61 14,921.00 75.00 1.12 FIFO 03/12/26 US TREASURY N/B
DTD 08/01/2022 2.625% 07/31/2029
03/09/26 91282CFC0 215,000.00 208,163.67 623.62 208,787.29 1,553.71 (798.74) FIFO 03/13/26 US TREASURY N/B
DTD 08/01/2022 2.625% 07/31/2029
03/12/26 91282CFC0 75,000.00 72,413.09 222.98 72,636.07 339.85 (482.40) FIFO 03/13/26 US TREASURY N/B
DTD 08/01/2022 2.625% 07/31/2029
03/12/26 91282CFC0 165,000.00 159,308.79 490.56 159,799.35 2,462.11 1,047.98 FIFO 03/13/26 BANK OF NY MELLON CORP
(CALLABLE)
DTD 01/26/2022 2.050% 01/26/2027
03/12/26 06406RBA4 100,000.00 98,410.00 267.64 98,677.64 (1,711.00) (1,609.25) FIFO 03/16/26 US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
03/13/26 91282CAU5 200,000.00 189,867.19 375.69 190,242.88 20,039.06 50.20 FIFO 03/16/26 US TREASURY N/B
DTD 08/01/2022 2.750% 07/31/2027
03/13/26 91282CFB2 200,000.00 197,343.75 668.51 198,012.26 5,726.56 573.35 FIFO 03/16/26 US TREASURY N/B
DTD 08/01/2022 2.750% 07/31/2027
03/13/26 91282CFB2 220,000.00 217,078.13 735.36 217,813.49 4,812.50 750.14 FIFO 03/16/26 US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
03/13/26 91282CAU5 100,000.00 94,933.59 187.85 95,121.44 4,886.71 647.00 FIFO PFM Asset Management, a division of Account 581-00 Page 31 U.S. Bancorp Asset Management, Inc.

Page 93 of 960 ends

PFM Asset Management, a division of Account 581-00 Page 32 U.S. Bancorp Asset Management, Inc.

Page 94 of 960 ends

Account Statement For the Month Ending March 31, 2026
LOS ALTOS HILLS - OPERATING FUND - 581-00
Trade Settlement Share or Dollar Amount Total
Date Date Transaction Description Unit Price of Transaction Shares Owned CAMP Pool
Opening Balance 206,675.98
03/02/26 03/02/26 Purchase - Interest 89788MAD4 1.00 1,013.60 207,689.58 03/02/26 03/02/26 Purchase - Interest 912828ZB9 1.00 984.38 208,673.96 03/02/26 03/02/26 Purchase - Interest 912828V98 1.00 32.63 208,706.59 03/02/26 03/02/26 Purchase - Principal 912828V98 1.00 34,577.54 243,284.13 03/02/26 03/02/26 Purchase - Interest 912828V98 1.00 247.06 243,531.19 03/02/26 03/02/26 Purchase - Principal 912828V98 1.00 261,780.66 505,311.85 03/02/26 03/02/26 Purchase - Interest 912828ZB9 1.00 10.70 505,322.55 03/02/26 03/02/26 Purchase - Principal 912828ZB9 1.00 170,912.11 676,234.66 03/02/26 03/02/26 Purchase - Principal 91282CKE0 1.00 100,753.91 776,988.57 03/02/26 03/02/26 Purchase - Interest 91282CKE0 1.00 1,972.38 778,960.95 03/02/26 03/02/26 Purchase - Principal 89788MAD4 1.00 160,000.00 938,960.95 03/02/26 03/02/26 Redemption - Principal 04636NAQ6 1.00 (199,642.00) 739,318.95 03/02/26 03/02/26 Redemption - Interest 3137HPUA9 1.00 (29.31) 739,289.64 03/02/26 03/02/26 Redemption - Principal 3137HPUA9 1.00 (253,642.58) 485,647.06 03/04/26 03/04/26 Redemption - Principal 00287YED7 1.00 (64,977.90) 420,669.16 03/05/26 03/05/26 Purchase - Interest 91282CEV9 1.00 1,723.76 422,392.92 03/05/26 03/05/26 Purchase - Principal 91282CEV9 1.00 297,117.19 719,510.11 03/05/26 03/05/26 Purchase - Interest 91282CKE0 1.00 602.28 720,112.39 03/05/26 03/05/26 Purchase - Principal 91282CKE0 1.00 20,137.50 740,249.89 03/05/26 03/05/26 Purchase - Interest 91282CKE0 1.00 401.52 740,651.41 03/05/26 03/05/26 Purchase - Principal 91282CKE0 1.00 30,195.70 770,847.11 PFM Asset Management, a division of Account 581-00 Page 33 U.S. Bancorp Asset Management, Inc.

Page 95 of 960 ends

Account Statement For the Month Ending March 31, 2026
LOS ALTOS HILLS - OPERATING FUND - 581-00
Trade Settlement Share or Dollar Amount Total
Date Date Transaction Description Unit Price of Transaction Shares Owned CAMP Pool
03/05/26 03/05/26 Redemption - Principal 053015AG8 1.00 (172,326.60) 598,520.51 03/05/26 03/05/26 Redemption - Interest 053015AG8 1.00 (935.00) 597,585.51 03/05/26 03/05/26 Redemption - Principal 91282CEM9 1.00 (255,460.16) 342,125.35 03/05/26 03/05/26 Redemption - Interest 91282CEM9 1.00 (2,581.15) 339,544.20 03/06/26 03/06/26 Purchase - Principal 91282CBS9 1.00 28,614.84 368,159.04 03/06/26 03/06/26 Purchase - Interest 91282CBS9 1.00 161.74 368,320.78 03/06/26 03/06/26 Purchase - Interest 91282CBZ3 1.00 130.52 368,451.30 03/06/26 03/06/26 Purchase - Principal 91282CBZ3 1.00 28,559.77 397,011.07 03/06/26 03/06/26 Redemption - Interest 3137HBLV4 1.00 (136.53) 396,874.54 03/06/26 03/06/26 Redemption - Principal 3137HBLV4 1.00 (218,569.34) 178,305.20 03/10/26 03/10/26 Redemption - Principal 24422EYL7 1.00 (59,986.80) 118,318.40 03/11/26 03/11/26 Purchase - Interest 89236TLB9 1.00 2,231.25 120,549.65 03/12/26 03/12/26 Purchase - Interest 91282CEV9 1.00 95.61 120,645.26 03/12/26 03/12/26 Purchase - Principal 91282CEV9 1.00 14,825.39 135,470.65 03/12/26 03/12/26 Purchase - Principal 91282CFC0 1.00 208,163.67 343,634.32 03/12/26 03/12/26 Purchase - Interest 91282CFC0 1.00 623.62 344,257.94 03/12/26 03/12/26 Redemption - Principal 3137HMC65 1.00 (232,866.02) 111,391.92 03/12/26 03/12/26 Redemption - Interest 3137HMC65 1.00 (304.23) 111,087.69 03/12/26 03/12/26 Redemption - Principal 3137HQSP7 1.00 (104,998.01) 6,089.68 03/12/26 03/12/26 Redemption - Interest 3137HQSP7 1.00 (126.28) 5,963.40 03/13/26 03/13/26 Purchase - Principal 06406RBA4 1.00 98,410.00 104,373.40 03/13/26 03/13/26 Purchase - Interest 06406RBA4 1.00 267.64 104,641.04 PFM Asset Management, a division of Account 581-00 Page 34 U.S. Bancorp Asset Management, Inc.

Page 96 of 960 ends

Account Statement For the Month Ending March 31, 2026
LOS ALTOS HILLS - OPERATING FUND - 581-00
Trade Settlement Share or Dollar Amount Total
Date Date Transaction Description Unit Price of Transaction Shares Owned CAMP Pool
03/13/26 03/13/26 Purchase - Interest 91282CFC0 1.00 713.54 105,354.58 03/13/26 03/13/26 Purchase - Principal 91282CFC0 1.00 231,721.88 337,076.46 03/13/26 03/13/26 Redemption - Principal 023135DD5 1.00 (119,808.00) 217,268.46 03/13/26 03/13/26 Redemption - Principal 79466LAR5 1.00 (214,952.70) 2,315.76 03/16/26 03/16/26 Purchase - Interest 09290DAA9 1.00 5,640.00 7,955.76 03/16/26 03/16/26 Purchase - Interest 437076DJ8 1.00 691.25 8,647.01 03/16/26 03/16/26 Purchase - Interest 63743HFG2 1.00 3,000.00 11,647.01 03/16/26 03/16/26 Purchase - Principal 91282CAU5 1.00 284,800.78 296,447.79 03/16/26 03/16/26 Purchase - Interest 91282CAU5 1.00 563.54 297,011.33 03/16/26 03/16/26 Purchase - Principal 91282CFB2 1.00 414,421.88 711,433.21 03/16/26 03/16/26 Purchase - Interest 91282CFB2 1.00 1,403.87 712,837.08 03/17/26 03/17/26 Redemption - Principal 91282CKC4 1.00 (680,966.02) 31,871.06 03/17/26 03/17/26 Redemption - Interest 91282CKC4 1.00 (1,315.42) 30,555.64 03/18/26 03/18/26 Purchase - Interest 857477CL5 1.00 2,246.85 32,802.49 03/19/26 03/19/26 Purchase - Principal 91282CFC0 1.00 120,664.06 153,466.55 03/19/26 03/19/26 Purchase - Interest 91282CFC0 1.00 426.02 153,892.57 03/20/26 03/20/26 Purchase - Principal 931142FN8 1.00 60,619.20 214,511.77 03/20/26 03/20/26 Purchase - Interest 931142FN8 1.00 1,029.50 215,541.27 03/20/26 03/20/26 Redemption - Principal 91282CMU2 1.00 (55,283.59) 160,257.68 03/20/26 03/20/26 Redemption - Interest 91282CMU2 1.00 (1,033.52) 159,224.16 03/25/26 03/25/26 Purchase - Interest 3136BQDE6 1.00 639.21 159,863.37 03/25/26 03/25/26 Purchase - Interest 3137BTUM1 1.00 370.46 160,233.83 PFM Asset Management, a division of Account 581-00 Page 35 U.S. Bancorp Asset Management, Inc.

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Account Statement For the Month Ending March 31, 2026
LOS ALTOS HILLS - OPERATING FUND - 581-00
Trade Settlement Share or Dollar Amount Total
Date Date Transaction Description Unit Price of Transaction Shares Owned CAMP Pool
03/25/26 03/25/26 Purchase - Interest 3137BXQY1 1.00 604.50 160,838.33 03/25/26 03/25/26 Purchase - Interest 3137F1G44 1.00 581.04 161,419.37 03/25/26 03/25/26 Purchase - Interest 3137H14B9 1.00 339.25 161,758.62 03/25/26 03/25/26 Purchase - Interest 3137HACX2 1.00 803.17 162,561.79 03/25/26 03/25/26 Purchase - Interest 3137HAD45 1.00 621.14 163,182.93 03/25/26 03/25/26 Purchase - Interest 3137HAMH6 1.00 813.75 163,996.68 03/25/26 03/25/26 Purchase - Interest 3137HAMN3 1.00 248.89 164,245.57 03/25/26 03/25/26 Purchase - Interest 3137HAMS2 1.00 800.00 165,045.57 03/25/26 03/25/26 Purchase - Interest 3137HAQ74 1.00 790.00 165,835.57 03/25/26 03/25/26 Purchase - Interest 3137HAST4 1.00 606.25 166,441.82 03/25/26 03/25/26 Purchase - Interest 3137HB3D4 1.00 316.81 166,758.63 03/25/26 03/25/26 Purchase - Interest 3137HB3G7 1.00 445.50 167,204.13 03/25/26 03/25/26 Purchase - Interest 3137HBCF9 1.00 403.18 167,607.31 03/25/26 03/25/26 Purchase - Interest 3137HDV56 1.00 668.67 168,275.98 03/25/26 03/25/26 Purchase - Interest 3137HDXL9 1.00 738.24 169,014.22 03/25/26 03/25/26 Purchase - Interest 3137HKPF5 1.00 443.00 169,457.22 03/25/26 03/25/26 Purchase - Interest 3137HN6B9 1.00 497.36 169,954.58 03/25/26 03/25/26 Purchase - Interest 3137HNWV6 1.00 468.56 170,423.14 03/25/26 03/25/26 Purchase - Interest 3137HPEX7 1.00 409.20 170,832.34 03/25/26 03/25/26 Purchase - Principal 3137HBCF9 1.00 19.17 170,851.51 03/25/26 03/25/26 Purchase - Principal 3137HAMN3 1.00 446.33 171,297.84 03/25/26 03/25/26 Purchase - Principal 3137HAD45 1.00 295.82 171,593.66 PFM Asset Management, a division of Account 581-00 Page 36 U.S. Bancorp Asset Management, Inc.

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0.00 (3,816,838.17)
3,842,753.26
41,495.35
517.91
67,410.44

0.00 (2,792,722.45)
2,653,456.91
206,675.98
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
March January-March

3.80%
PFM Asset Management, a division of Account 581-00 Page 38 U.S. Bancorp Asset Management, Inc.

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ITEM 5A
Town of Los Altos Hills
City Council Special Meeting Minutes
Friday, April 10, 2026 at 8:00 A.M.

Fremont Hills Country Club, 12889 Viscaino Place, Los Altos Hills, CA 94022

Present: Mayor Rajiv Bhateja, Vice Mayor Bhateja George Tyson, Council Member Stanley Mok, Council Member Linda Swan, and Council Member Kavita Tankha

Absent: None
Staff: City Attorney Steve Mattas and City Clerk Arika Birdsong-Miller CALL TO ORDER (8:00 A.M.)
Mayor Bhateja called the meeting to order at 8:00 A.M.

1. ROLL CALL
Mayor Rajiv Bhateja, Vice Mayor George Tyson, Council Member Stanley Mok, Council Member Linda Swan, and Council Member Kavita Tankha were present.

2. PUBLIC COMMENT (Public Comment is Limited to Items which are the Subject of the Special Meeting)
There were no public comments.

3. ADJOURN TO CLOSED SESSION TO DISCUSS THE FOLLOWING:

A. CLOSED SESSION – Public Employment
(Pursuant to Government Code Section 54957)
Title: City Manager

Mayor Bhateja adjourned to Closed Session at 8:02 A.M.

4. REPORT OUT OF CLOSED SESSION
Attorney Steve Mattas announced that there were no reportable actions from Closed Session.

5. ADJOURN
Mayor Bhateja adjourned the meeting.

Respectfully submitted,
Arika Birdsong-Miller

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ITEM 5B
Town of Los Altos Hills
City Council Special Meeting Minutes
Thursday, April 16, 2026 at 5:00 P.M.

Council Chambers, 26379 Fremont Road, Los Altos Hills, CA 94022

Present: Mayor Rajiv Bhateja, Vice Mayor Bhateja George Tyson, Council Member Stanley Mok, Council Member Linda Swan, and Council Member Kavita Tankha

Absent: None
Staff: City Attorney Steve Mattas and City Clerk Arika Birdsong-Miller CALL TO ORDER (5:00 P.M.)
Mayor Bhateja called the meeting to order at 5:00 P.M.

1. ROLL CALL
Mayor Rajiv Bhateja, Vice Mayor George Tyson, Council Member Stanley Mok, Council Member Linda Swan, and Council Member Kavita Tankha were present.

2. PUBLIC COMMENT (Public Comment is Limited to Items which are the Subject of the Special Meeting)

1. Michael Grady, a Los Altos Hills resident, expressed concern regarding the lack of detail provided in the agenda description for the closed session item and referenced discussions relating to alleged Brown Act issues involving the O’Keefe area residents. Mr. Grady questioned whether the agenda description was sufficient if the subject involved potential litigation or settlement discussions.

In response, City Attorney Steve Mattas clarified that the closed session related to correspondence received from legal counsel representing the O’Keefe area residents, which included a threat of litigation.

2. John O’Connell, a Los Altos Hills resident, commented that concerns regarding the Town’s handling of closed session agenda descriptions and Brown Act compliance had previously been raised. Mr. O’Connell referenced Government Code Section 54956.9(e) and expressed concern that the Town was discussing potential Brown Act-related litigation in closed session without sufficient public disclosure. Mr. O’Connell further stated that the lack of transparency was causing concern among residents in the Saddle Mountain area and urged the Town to operate in a more open and transparent manner. Mr. O’Connell emphasized the importance of maintaining public trust and encouraged the Council to carefully consider how it conducts Town business.

Council Member Tankha asked the City Attorney why the agenda description for the closed session item did not more clearly reflect the subject matter being discussed. Council Member Tankha expressed concern about maintaining public trust and stated that repeated concerns regarding transparency could undermine community confidence in the Town’s actions.

City Attorney Steve Mattas responded that the language included on the agenda was taken directly from the Brown Act safe harbor provisions governing notices related to threatened

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Los Altos Hills Special City Council Meeting Minutes Page 2 Thursday, April 16, 2026
litigation. Mr. Mattas explained that the provisions apply when a public agency receives a threat of litigation, particularly when the matter is time-sensitive. Mr. Mattas stated that the Town could provide additional public information regarding the nature of the threat prior to entering closed session, which had been done during the meeting. He further advised that while the Brown Act requires the agenda language used for the item, the Council could provide direction in the future if it wished to include additional information beyond the minimum notice requirements.

Council Member Tankha further stated that while the Brown Act establishes minimum notice requirements, she preferred that the Town provide additional information to the public whenever possible so long as doing so would not create legal risk for the Town. Council Member Tankha noted that similar concerns regarding transparency had arisen previously and stated that, because the nature of the matter was ultimately disclosed publicly during the meeting, she believed additional information could have been included in the agenda description. Council Member Tankha expressed her preference that future agenda descriptions include more information rather than less when appropriate.

3. John O’Connell further commented regarding the Brown Act provisions governing closed sessions related to threatened litigation. Mr. O’Connell disagreed with the City Attorney’s interpretation of the applicable Brown Act requirements and referenced Government Code Section 54956.9(e), stating that nondisclosure of the subject matter is appropriate only when the facts giving rise to potential litigation are not yet known to a potential plaintiff. Mr. O’Connell expressed his opinion that the Town’s use of the closed session agenda description did not meet that standard and stated that the provision was intended for situations in which disclosure itself could alert a potential plaintiff to unknown facts.

Council Member Swan commented that the matter appeared to require a more extensive discussion and asked whether the discussion could be postponed to a future meeting due to time constraints and other scheduled items.

Council Member Tankha stated that the City Attorney’s role is to protect the Town in his professional capacity and cautioned against making comments that could be perceived as personal criticism. Council Member Tankha further stated that the Council could have a future discussion regarding ways to provide greater transparency to the public while still protecting the interests of the community.

3. ADJOURN TO CLOSED SESSION TO DISCUSS THE FOLLOWING:

A. CLOSED SESSION – Conference with Legal Counsel: Anticipated Litigation Significant Exposure to Litigation Pursuant to Section 54956.9 (d)(2): One Case

Mayor Bhateja adjourned to Closed Session at 5:11 P.M.

4. REPORT OUT OF CLOSED SESSION
City Attorney Steve Mattas reported that the Council considered the closed session item related to correspondence received from counsel representing the SHIELD organization.

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Los Altos Hills Special City Council Meeting Minutes Page 3 Thursday, April 16, 2026
Mr. Mattas stated that the Council provided direction to the City Attorney during closed session and that there was no reportable action at that time.

5. ADJOURN
Mayor Bhateja adjourned the meeting at 5:40 P.M.

Respectfully submitted,
Arika Birdsong-Miller

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1 City Council Regular Meeting Minutes
April 16, 2025
Town of Los Altos Hills
City Council Regular Meeting Minutes
Thursday, April 16, 2026, 2026 at 5:30 P.M.

Council Chambers, 26379 Fremont Road, Los Altos Hills, California,

Present: Mayor Rajiv Bhateja, Vice Mayor Bhateja George Tyson, Council Member Stanley Mok, Council Member Linda Swan, and Council Member Kavita Tankha

Absent: None
Staff: Acting City Manager Cody Einfalt, Community Development Director Jay Bradford, City Attorney Steve Mattas, and City Clerk Arika Birdsong-Miller CALL TO ORDER (5:30 P.M.)
Mayor Bhateja called the meeting to order at 5:41 P.M.

ROLL CALL
Mayor Rajiv Bhateja, Vice Mayor Tyson, Council Member Stanley Mok, Council Member Linda Swan, and Council Member Tankha were present.

PUBLIC COMMENT
There were no public comments.

CLOSED SESSION
A. CLOSED SESSION - Public Employment
(Pursuant to Government Code Section 54957)
Title: City Manager
B. CLOSED SESSION - Conference With Legal Counsel—Existing Litigation Pursuant to Government Code Section 54956.9(d)(1)Name of case: California Housing Defense Fund v. Town of Los Altos Hills (Case No. 26CV491087)
Mayor Bhateja adjourned to Closed Session.

REPORT OUT OF CLOSED SESSION
Attorney Mattas reported that the City Council met in Closed Session regarding labor negotiations for the City Manager position. During Closed Session, the Council appointed an ad hoc subcommittee to work with the recruiter on negotiation of the City Manager’s contract. The members of the ad hoc subcommittee are Councilmember Swan and Vice Mayor Tyson. This was the only reportable action.

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April 16, 2025

CALL TO ORDER
Mayor Bhateja reconvened the meeting in Open Session for the Regular Meeting of the Los Altos Hills City Council at 6:01 p.m.

ROLL CALL
Mayor Rajiv Bhateja, Vice Mayor Tyson, Council Member Stanley Mok, Council Member Linda Swan, and Council Member Tankha were present.

PLEDGE OF ALLEGIANCE – Recited

1. AGENDA REVIEW
Community Development Director Jay Bradford requested that Item 5J, Resolution Authorizing the City Manager to Execute a Contract with Selectron Technologies, Inc. to Purchase an Automatic Notification and Online Inspection Scheduling Software for a Total Purchase Price of $100,000, be removed from the Consent Calendar and continued to a future meeting.

There was consensus among the Council to remove the item from the agenda.

2. PRESENTATIONS AND APPOINTMENTS
A. Appointment as the Los Altos Hills Poet Laureate
Council Member Swan made a motion to appoint William Manche as the 2026 Poet Laureate for the Town of Los Altos Hills. Mayor Bhateja seconded the motion. APPROVED, VOTE 5-0 B. Los Altos Hills County Fire District Discussion on Emergency Management, Shared Services, and Tree Hazard Assessment and Rebate Program
Los Altos Hills County Fire District General Manager J. Logan presented the 8th Monthly Fire District Report and outlined a proposed partnership between the Fire District and the Town to develop programs aligned with the Town’s priority work plan goals. Two key focus areas were identified: (1) enhancing emergency preparedness and resiliency through a shared emergency management services model, and (2) developing a tree hazard assessment and rebate program to address fire risk.

Logan reported that coordination is underway with Town staff, the Fire Department, and Santa Clara County to explore staffing, budgeting, and implementation strategies for these programs. He noted that both initiatives will require further analysis, including development of operational plans, timelines, and funding sources.

Logan requested Council feedback on these program areas and indicated that updates will be provided at future Council and Fire District Commission meetings as the programs are further developed.

C. Santa Clara Valley Transportation Authority – Regional Transportation Revenue Measure VTA’s Strategy and Transformation Director Sam Sargent provided an overview of the Regional Transportation Revenue Measure and VTA’s role. He explained that the proposed five-county measure would generate funding through a 1.5% sales tax over 14 years, with a portion allocated to Santa Clara County for transit-related investments.

Sargent noted that funds would primarily support public transit operations and roadway improvements on transit-served corridors. He outlined VTA’s focus on three key outcomes:
increasing ridership, improving efficiency, and enhancing the customer experience, including safety and reliability.

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3 City Council Regular Meeting Minutes
April 16, 2025
He described potential investment categories, including maintaining core transit services, improving service frequency and efficiency, and advancing new technologies and infrastructure. Sargent emphasized that VTA is currently seeking input from local agencies and the public to help guide funding priorities and project types, with a final investment plan expected to be considered by the VTA Board in June.

3. PRESENTATIONS FROM THE FLOOR

1. Jim Waschura, a Los Altos Hills resident, summarized recent Planning Commission discussions regarding amendments to the Town’s Housing Element in response to comments from HCD. Mr.

Waschura explained that HCD requested the Town reduce the minimum multifamily lot size from

3.5 acres to one-half acre, reduce the proposed 60-foot setbacks for multifamily housing to approximately 30 to 35 feet, and eliminate the 750-square-foot maximum average unit size requirement.

Mr. Waschura stated that the Planning Commission generally supported reducing the minimum lot size and setbacks, but expressed concern about fully eliminating the average unit size limitation.

Mr. Waschura commented that without any size controls, developers would have little economic incentive to construct lower-income housing and instead could maximize unit sizes while remaining financially competitive. He stated that the Planning Commission developed an alternative approach intended to replace the average unit size limitation with another regulatory mechanism and noted that the City Council would receive additional information on the proposal at a future meeting. Mr.

Waschura encouraged the Council to review the Planning Commission meeting record in advance of its upcoming discussion.

2. John O’Connell, a Los Altos Hills resident, commented regarding concerns related to the previously submitted SB 330 development application and a subsequent development application submitted on January 31. Mr. O’Connell expressed concern about the scale of retaining walls and hillside grading proposed in the applications and stated that some residents felt distressed and uncertain about the potential impacts of the project. Mr. O’Connell stated that he believed the Town was not taking the applications seriously enough and referenced correspondence challenging claims that portions of the project may be exempt from CEQA. Mr. O’Connell further stated that additional research was being conducted regarding aspects of the August 2023 application and expressed concern that information regarding those issues may not be reaching the Council. Mr. O’Connell urged the Town to take stronger action regarding the SB 330 application and stated that residents wanted assurance that the Town was working to protect the community’s interests.

3. Michael Grady, a Los Altos Hills resident, commented regarding HCD’s February letter certifying the Town’s Housing Element while identifying certain multifamily development standards as potential constraints to development, including the Town’s 750-square-foot average unit size requirement. Mr. Grady expressed concern regarding the recommendation to eliminate the average unit size limitation and stated that doing so could allow substantially larger multifamily developments that he believed would be inconsistent with the character of Los Altos Hills.

Mr. Grady further referenced a survey conducted by Michael Baker International of nearby multifamily developments, which he stated found an average unit size of approximately 825 square feet. Mr. Grady also stated that HCD reportedly did not receive feedback from developers identifying the 750-square-foot average unit size requirement as a development constraint. Mr.

Grady expressed disagreement with the Town’s negotiating approach with HCD and stated his opinion that the Town should pursue a different strategy regarding the proposed multifamily standards.

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4 City Council Regular Meeting Minutes
April 16, 2025

4. INFORMATIONAL REPORTS (item provided solely for informational purposes only) A. Treasurer’s Report - This item is provided solely for informational purposes.

B. Disbursement Report - This item is provided solely for informational purposes.

5. CONSENT CALENDAR
Council Member Tankha made a motion to approve the Consent Calendar, removing ITEM 5J.

Council Member Swan seconded the motion. APPROVED, VOTE 5-0 MOTION PASSED 5-0
AYES: Bhateja, Tyson, Mok, Swan, Tankha
NOES: None
RECUSE: None
ABSTAIN: None
ABSENT: None
A. Approval of the City Council Special Meeting Minutes March 19, 2026 APPROVED, VOTE 5-0 B. Approval of the City Council Regular Meeting Minutes March 19, 2026 APPROVED, VOTE 5-0 C. Approval of the City Council Special Meeting Minutes March 30, 2026 APPROVED, VOTE 5-0 D. Consideration of Adding a Regular City Council Meeting on Thursday, May 14, 2026, at 6:00 p.m., and Canceling the Scheduled Regular City Council Meeting on Thursday, May 21, 2026, at 6 p.m.

APPROVED, VOTE 5-0
E. Resolution Approving the Plans and Specifications for 2026 Sanitary Sewer Repair and Replacement Project, and Authorizing Staff to Advertise the Project for a Formal Bid APPROVED, VOTE 5-0
F. Resolution Authorizing Staff to Submit 2026 Valley Water Standard Grants Program Applications for Byrne Preserve Restoration and Heritage House Native Garden APPROVED, VOTE 5-0 G. Resolution Adopting the 2026 Sewer System Management Plan Update APPROVED, VOTE 5-0 H. Resolution Authorizing the City Manager to Auction or Donate the 2003 Dodge Dakota and 2008 Ford Ranger, and to Procure Two Electric Vehicles for Maintenance Services in an Amount Not to Exceed $190,000, Funded Through FY26 and FY27 Vehicle and Equipment Replacement Capital Projects APPROVED, VOTE 5-0
I. Waive Reading and Adoption of an Ordinance Amending Title 10, Chapter 1 of the Municipal Code Regarding the Town's Accessory Dwelling Unit Regulations APPROVED, VOTE 5-0 J. Resolution Authorizing the City Manager to Execute a Contract with Selectron Technologies, Inc. to Purchase an Automatic Notification and Online Inspection Scheduling Software for a Total Purchase Price of $100,000 (Staff: J. Bradford)
This item was removed from consideration on this agenda.

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5 City Council Regular Meeting Minutes
April 16, 2025
K. Review and Accept the 2025 General Plan Annual Progress Report APPROVED, VOTE 5-0 L. Review and Accept the 2025 Housing Element Annual Progress Report APPROVED, VOTE 5-0 M. Notification of Fast Track Approval at 26918 Dezahara Way - File # SD25-0066 - Lands of Yuen APPROVED, VOTE 5-0

6. ONGOING BUSINESS
A. Discussion and Direction on Housing Element Implementation Standing Committee Charter, Membership, Meeting Logistics, and Reporting Structure
City Clerk Arika Miller presented the staff report regarding the proposed amendment to the Town’s Standing Committee Resolution to establish a Housing Element Implementation Committee. Mrs.

Miller explained that the proposed committee was being recommended following direction provided by the City Council at its March 19, 2026, meeting to create a committee focused on Housing Element implementation and future housing planning efforts.

Mrs. Miller stated that the proposed committee would serve as a standing committee of the Town and would support ongoing compliance with State housing requirements, implementation of Housing Element programs and policies, and preparation for future housing cycles. Mrs. Miller further explained that the proposed committee would consist of five to nine members, with appointments made from different geographic areas of Town whenever feasible, and that a member of the Planning Commission would serve as a non-voting liaison.

Mrs. Miller described the proposed responsibilities of the committee, including reviewing Housing Element programs and policies, evaluating housing sites and development standards, participating in regional housing discussions, providing input on objective design standards, facilitating community engagement, and making recommendations to the Planning Commission on a semi-annual basis. Mrs.

Miller explained that the committee would serve in an advisory capacity, with recommendations ultimately considered by the Planning Commission and City Council.

Mrs. Miller further noted that if the Council approved the establishment of the committee, staff would begin advertising committee vacancies and coordinate with the Planning Commission regarding the appointment of a non-voting liaison.

Public Comments:

1. Jim Waschura, a Los Altos Hills resident, commented regarding the proposed Housing Element standing committee and stated that many residents had expressed strong interest in having greater public participation and information sharing on housing-related issues. Mr. Waschura expressed concern that the proposed standing committee structure may not fully address community desires regarding geographic representation and input on where multifamily housing may be located within Town. Mr. Waschura stated that he believed there should ideally be a more formal mechanism to provide geographic representation on the committee, while also acknowledging that the Planning Commission and City Council would continue to review and evaluate any recommendations.

Mr. Waschura further suggested that the Town establish both a long-term standing committee focused on broader housing policy issues and additional working groups or ad hoc committees to address more immediate or site-specific concerns. Mr. Waschura stated that housing-related issues would likely remain a long-term challenge for the Town and that separate groups could help balance short-term concerns with longer-term planning efforts.

2. John O’Connell, a Los Altos Hills resident, commented in support of the proposed Housing Element Standing Committee and thanked the Council for moving forward with the discussion

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6 City Council Regular Meeting Minutes
April 16, 2025
in a collaborative manner. Mr. O’Connell referenced prior discussions regarding the development of the committee charter and suggested that the Council provide general guidance while allowing the committee to help define its own priorities and structure once formed.

Mr. O’Connell further stated that if the Town’s Housing Element implementation does not proceed as anticipated, the Town may face additional challenges related to accommodating lower-income housing requirements. Mr. O’Connell expressed the opinion that a standing committee should be empowered to address difficult issues and stated that, in his experience, teams perform best when given significant challenges and responsibility. Mr. O’Connell encouraged the Council to allow the committee flexibility in defining its work program and stated that doing so could improve the committee’s effectiveness.

3. Ann Duwe of Cupertino expressed strong support for the creation of a Housing Element standing committee. Ms. Duwe stated that many residents do not fully understand the state laws affecting housing and land use planning and commented that a standing committee could help educate the community regarding those issues. Ms. Duwe further stated that some residents may have unrealistic expectations regarding the Town’s ability to maintain existing zoning patterns and semi-rural development standards under current state housing laws. Ms. Duwe encouraged the Council to establish the largest standing committee feasible in order to support broader community participation and understanding.

4. Cheryl Evans, a Los Altos Hills resident, thanked the Council for establishing the committee structure and stated that she believed it was important not to dilute the committee’s efforts through the use of separate ad hoc committees operating outside of the Brown Act process. Ms. Evans emphasized the importance of transparency and stated her support for the use of a standing committee subject to Brown Act requirements.

Mayor Bhateja made a motion to approve the Amended Resolution to “Establishing Standing Committees and Adopting General and Special Rules Pertaining Thereto. Council Member Tankha seconded the motion. APPROVED, VOTE 5-0
MOTION PASSED 5-0
AYES: Bhateja, Tyson, Mok, Swan, Tankha
NOES: None
RECUSE: None
ABSTAIN: None
ABSENT: None
B. Consideration and Direction on Next Steps Related to Draft Initiatives Measure Regarding the “Green Sheets”

City Attorney Steve Mattas presented the staff report regarding a draft initiative measure related to the Town’s “Green Sheets” land use principles. Mr. Mattas explained that the City Council had previously directed the City Attorney’s Office to work with an ad hoc committee consisting of Council Members Tankha and Swan to prepare a draft initiative incorporating portions of the Green Sheets into the General Plan through voter approval.

Mr. Mattas stated that the draft initiative proposed amendments to several General Plan elements, including the Noise Element, Land Use Element, Pathways Element, and Open Space and Recreation Element. He explained that the initiative would strengthen existing policies related to Town noise standards, animal keeping, preservation of open space and conservation areas, and pathway easements, while also adding new policies prohibiting certain industrial, large-scale commercial, and retail uses, as well as restricting the vacation of pathway, open space, and conservation easements

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7 City Council Regular Meeting Minutes
April 16, 2025
without comparable replacements. Mr. Mattas further explained that the initiative proposed requiring voter approval for future amendments or rescission of those provisions and included a conforming zoning amendment to the Open Space Reserve zoning district.

Mr. Mattas advised that the City Council could direct additional committee review and public outreach prior to further Council consideration of the initiative and noted that the initiative would need to return to the Council for action by August 6, 2026 in order to qualify for placement on the November 2026 ballot. Mr. Mattas recommended that the item return to the Council in June to allow sufficient time for revisions and finalization.

Mr. Mattas also stated that the item was not subject to environmental review under CEQA because the agenda item involved only discussion and direction regarding potential next steps and did not constitute a project approval or final decision
Public Comments:

1. John O’Connell, a Los Altos Hills resident, commented regarding the proposed ballot initiative and referenced the novel The Hitchhiker’s Guide to the Galaxy as an analogy for broader concerns about unintended consequences and decision-making authority. Mr. O’Connell expressed concern about placing additional land use decisions before voters rather than allowing future City Councils to retain discretion over such matters. Mr. O’Connell stated that initiatives may pass with limited voter participation and questioned the long-term benefits of restricting future Council authority, particularly if portions of the initiative could ultimately conflict with state law. Mr. O’Connell also referenced prior discussions regarding pathway easements and acknowledged concerns that future Councils could approve changes to easements with a simple majority vote, while stating that he remained uncertain about the appropriate balance between voter approval requirements and Council decision-making authority.

2. Allan Epstein, a Los Altos Hills resident, commented regarding the proposed ballot initiative and stated that he believed the measure would place excessive restrictions on future City Councils. Mr.

Epstein expressed the opinion that elected officials should retain flexibility to respond to changing circumstances and community needs over time. Mr. Epstein further stated that he did not believe there was sufficient public necessity or interest to justify the proposed restrictions and expressed concern regarding the potential costs associated with placing the initiative on the ballot. Mr. Epstein concluded by stating that he opposed the initiative and would vote against it if placed before voters.

3. Eric Bredo, a Los Altos Hills resident, expressed support for the proposed ballot initiative and stated that his family had been involved in the Town since its incorporation. Mr. Bredo commented that he values the Town’s longstanding character and expressed concern regarding what he viewed as a gradual erosion of community protections, including the loss or abandonment of pathway easements over time. Mr. Bredo stated that he believed the proposed measures were reasonable and important for preserving the Town’s values and character.

Mr. Bredo also raised concerns regarding recurring aircraft noise from planes associated with the Palo Alto Flying Club flying over his property and neighboring areas. Mr. Bredo stated that he believed there appeared to be limited regulatory oversight over the issue and expressed interest in the Town exploring possible ways to address such concerns in the future. Mr. Bredo concluded by encouraging the Council to preserve the proposed protections, which he stated could otherwise be gradually diminished over time.

4. Jim Waschura, a Los Altos Hills resident, commented that he was concerned the proposed Green Sheets restrictions could unintentionally limit future single-family residential development while potentially being preempted or invalidated by state laws governing multifamily housing. Mr.

Waschura stated that he was uncertain whether that outcome would occur legally, but expressed

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8 City Council Regular Meeting Minutes
April 16, 2025
concern that the restrictions could disproportionately affect single-family development while offering limited control over multifamily housing requirements imposed by the State.

5. Carol Gottlieb, a Los Altos Hills resident, expressed support for placing the initiative on the ballot and commented regarding the proposed vacating of easements that are not currently included on the Master Path Plan. Ms. Gottlieb stated that the Master Path Plan is subject to change over time and that easements retained by the Town could potentially be incorporated into future pathway routes as additional studies or opportunities arise. Ms. Gottlieb further commented that retaining easements may also help preserve wildlife corridors, even if the easements are not ultimately used for public pathways. Ms. Gottlieb encouraged the Council to move forward with placing the initiative on the ballot.

6. John Swan, a Los Altos Hills resident, commented in support of codifying the Town’s Green Sheets policies and stated that doing so was important to preserve local land use protections and the Town’s character. Mr. Swan stated that significant land use changes could currently occur with approval by a simple majority vote of the City Council following public hearings and expressed concern that future Councils could substantially alter core community policies without broader voter approval.

Mr. Swan further stated that while state or federal law could ultimately override local regulations, codifying the Green Sheets would help establish stronger local protections and provide a basis for defending local land use authority. Mr. Swan referenced prior efforts in 2020 to codify the Green Sheets before the adoption of more recent state housing laws and encouraged the Council to move forward with the initiative now.

7. Cheryl Evans, a Los Altos Hills resident, stated that she believed taxpayer funds could be better spent on other priorities rather than on the proposed ballot initiative.

8. Kjell Karlsson, a Los Altos Hills resident, commented that he did not view placing the initiative before voters and continuing broader community discussions as mutually exclusive actions. Mr.

Karlsson stated that presenting the measure to voters could help generate additional public dialogue and increase community engagement regarding local land use issues and state housing policies. Mr.

Karlsson further stated that public participation in the election process was important and encouraged residents to remain engaged regarding state and local policy decisions. Mr. Karlsson encouraged the Council to continue working with the community on the proposal and, if possible, provide residents with the opportunity to vote on the measure at a future election.

9. Michael Grady, a Los Altos Hills resident, commented that development proposals such as a Walmart or industrial project would require a zoning ordinance amendment and questioned whether such zoning changes would be subject to a citizen referendum. In response, City Attorney Steve Mattas confirmed that zoning changes are legislative acts and are therefore subject to referendum under state law.

Council Member Swan made a motion to move the Draft Initiative Measure Regarding the “Green Sheets” forward to the next meeting on May 14, 2026. Council Member Mok seconded the motion.

FAILED, VOTE 2-3
MOTION FAILED 2-3
AYES: Mok, Swan
NOES: Bhateja, Tyson, Tankha
RECUSE: None
ABSTAIN: None

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ABSENT: None
Mayor Bhateja made a motion to pursue a ballot initiative that would eliminate or prevent new industrial, large-scale commercial, or retail land uses, except on Town-owned property, with the inclusion of provisions related to animals. Council Member Swan seconded the motion.

APPROVED, VOTE 3-2
MOTION PASSED 3-2
AYES: Bhateja, Mok, Swan
NOES: Tyson, Tankha
RECUSE: None
ABSTAIN: None
ABSENT: None

7. NEW BUSINESS
A. Discussion of Notification Methods and Outreach to Residents Regarding Town Projects and Meetings
Acting City Manager Cody Einfalt presented the staff report regarding notification methods and outreach to residents for Town projects and meetings. Mr. Einfalt explained that the City Council had previously directed staff to review opportunities to improve both the quality and quantity of public notifications, including consideration of expanding the Town’s existing 500- foot noticing radius for development projects.

Mr. Einfalt reviewed the Town’s current notification methods, including mailed notices, the Town website, Nixle and AlertSCC notifications, social media platforms, newsletters, publications, and opt-in email groups. He explained that staff had identified opportunities to improve the clarity and specificity of public notices by providing more detailed descriptions of proposed projects and policy changes. Mr. Einfalt presented several examples comparing prior notices with revised versions intended to provide residents with clearer explanations regarding multifamily housing standards, tentative subdivision maps, grading impacts, retaining walls, and Housing Element amendments.

Mr. Einfalt also discussed options for expanding the geographic scope of noticing beyond the Town’s current 500-foot radius. He explained that increasing the noticing radius to 1,000 feet or 1,500 feet would broaden outreach to additional residents but would also increase mailing costs, staff time, and administrative workload.

Mr. Einfalt further discussed additional communication tools available to the Town, including Nixle notifications, electronic subscriptions, Constant Contact, and potential townwide postcard mailings for major projects or policy matters. He explained that the Town currently pays approximately $17,000 annually for Nixle services and that future townwide postcard mailings could involve approximately $1,000 in design costs and approximately $3,000 to $3,500 per mailing. Mr. Einfalt stated that if the Council wished to pursue expanded notification methods, staff recommended establishing clear criteria regarding when townwide mailings would be appropriate.

Public Comments:

1. Jim Waschura, a Los Altos Hills resident, commented that he viewed the discussion regarding public notifications and outreach as primarily a tactical communications issue rather than a strategic policy matter requiring extensive City Council involvement. Mr. Waschura expressed the opinion that professional public relations expertise may be more effective in developing modern communication strategies and outreach methods for the Town. Mr.

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Waschura acknowledged that traditional mailed notices remain important for some residents, but stated that the Town should also utilize internet-based and mobile communication methods more effectively to reach the community. Mr. Waschura further commented that the City Manager’s weekly newsletter had significantly improved Town communications and encouraged the Town to continue modernizing its outreach efforts through more comprehensive communication strategies.

Mayor Bhateja directed staff to develop a matrix of different notification solutions to the residents for different types of events. He also requested that staff return to the council to inform them of their notification solutions.

Acting City Manager Einfalt stated that he could save Council meeting time and share that information directly with councilmembers and Mayor agreed that would work.

B. Fire Hazard Severity Zone (FHSZ) Designations and Enforcement Framework for Mixed FHSZ Parcels

Community Development Director Jay Bradford presented the staff report regarding Fire Hazard Severity Zone (FHSZ) designations and the proposed implementation and enforcement framework for parcels containing mixed FHSZ classifications. Mr. Bradford explained that the Town adopted its FHSZ map by ordinance in June 2025 as part of a broader wildfire mitigation strategy and that the City Council had directed staff to return with additional analysis regarding implementation and enforcement for properties containing multiple hazard designations.

Mr. Bradford reviewed the Town’s layered wildfire mitigation framework, which includes Municipal Code vegetation management and defensible space requirements, town-wide WildlandUrban Interface (WUI) construction standards, and mapped FHSZ designations identifying Moderate, High, and Very High fire hazard areas. Mr. Bradford explained that WUI construction standards apply town-wide to applicable new construction and qualifying alterations regardless of FHSZ designation, while Title 4 defensible space and vegetation management standards apply within mapped Fire Hazard Severity Zones.

Mr. Bradford further explained that the primary implementation issue involved determining how defensible space obligations and additional hazard-based requirements would apply to parcels containing multiple FHSZ classifications or parcels partially located within mapped FHSZ areas.

Mr. Bradford reviewed examples of mixed-designation parcels and explained that the Town’s proposed enforcement approach would apply town-wide WUI standards uniformly while applying additional defensible space and hazard-based requirements only where triggered by the mapped FHSZ areas affected by a proposed activity or development project.

Mr. Bradford also explained that Very High FHSZ areas may involve additional requirements related to real estate disclosures, subdivision review, emergency access, infrastructure review, vegetation management verification, and CEQA hazard review when triggered by specific development activities. Mr. Bradford concluded by stating that staff would finalize the enforcement framework and implementation guidance following City Council policy direction and would continue coordinating with the Los Altos Hills County Fire District and Santa Clara County Fire Department regarding consistent application and enforcement.

Councilmember Mok asked for clarification on what the ask was for this item and Director Bradford noted that there was no ask.

Mayor Bhateja noted that the ask was that the planning department revisit this topic at a council meeting to share how the Town planned to handle parcels with mixed fire hazard severity zones.

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Vice Mayor Tyson noted that previous concerns were mainly about people feeling they were losing control over decisions and disclosures related to real estate. They noted that the current language made clear that individuals remained responsible for their own disclosure decisions, rather than being directed by others. Mr. Tyson also acknowledged ongoing public concerns about insurance coverage but emphasized that this issue was separate from the matter being discussed and that the proposal did not worsen those insurance concerns.

Public Comments:

1. Allan Epstein, a Los Altos Hills resident, asked questions regarding how the Town’s proposed enforcement framework would apply to parcels containing only small portions of mapped Fire Hazard Severity Zones. Mr. Epstein sought clarification regarding whether a property with only a small portion located within a higher hazard area would be subject to additional defensible space requirements. During the discussion, staff explained that the Town’s proposed framework would apply the 100-foot defensible space requirement when the defensible space area around a structure intersects a mapped Fire Hazard Severity Zone, regardless of whether only a portion of the parcel is within the mapped area.

Mayor Bhateja clarified for Mr. Allen that the Town was not deviating from what the state map indicated but stating that the Town’s municipal code would reflect the requirement of a 100-foot radius around the house be defensible space for any property in the three fire hazard severity zones of moderate (yellow), high (orange), and very high (red).

2. Jim Waschura, a Los Altos Hills resident, questioned how the Town’s standards would apply to properties primarily located outside mapped Fire Hazard Severity Zones but containing a small area within a mapped hazard zone. Staff clarified that the Town’s Municipal Code defensible space requirements could apply in situations where the 100-foot defensible space area intersects a mapped Moderate, High, or Very High Fire Hazard Severity Zone, even if only a small portion of the parcel is within the mapped area. Additional discussion occurred regarding how the Town’s standards compared to CAL FIRE mapping requirements and whether the Town’s proposed defensible space approach would differ from state requirements.

Mayor Bhateja clarified to Mr. Waschura that there were several requirements if a property was in a fire hazard severity zone and they were just discussing the defensible space issue. So, if the space within 100-feet of your structure falls within any of the three zones (moderate, high, very high), then that area needed to satisfy the defensible space requirements.

Councilmember Tankha noted that this appeared to be different from the CalFire maps’ requirements and Mayor Bhateja stated that she recused herself from the council meeting that discussed this, and the direction from the council to staff was to include that requirement. He also noted that the building itself was not subject to the higher requirement, but the defensible space around it.

3. Eric Evans, a Los Altos Hills resident, commented that there appeared to be confusion regarding what constitutes compliant defensible space and vegetation management requirements.

Mr. Evans stated that guidance materials and diagrams provided by fire agencies could be difficult to interpret and expressed concern that some residents may believe extensive tree removal is required in order to comply with defensible space standards. Mr. Evans noted that the Town’s Municipal Code appeared to provide more flexibility by allowing pruning, dead wooding, and vegetation maintenance measures rather than requiring the wholesale removal of mature trees. Mr. Evans also shared concerns regarding inconsistent guidance provided during fire

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inspections and suggested that clearer diagrams and educational materials would help residents better understand defensible space requirements and expectations.

Vice Mayor Tyson recommended the Los Altos Hills County Fire District’s free Home Inspection Zone (HIC) service, where an expert reviews properties privately and advises homeowners on useful fire-safety improvements and unnecessary measures. He noted the program also offers matching rebates for recommended work completed by licensed contractors.

Tyson clarified that continuous tree canopy was not considered a fire hazard; instead, the main concerns were “ladder fuels” like shrubs and low tree branches. He described a continuous canopy as beneficial because it served as a shaded fuel break.

Mayor Bhateja asked Director Bradford if the 100-foot defensible space requirement applied to existing homes or for new constructions and remodels and Director Bradford explained that the 2015 fire hazard severity zone ordinance applied to all structures and helped maintain consistency with existing WUI inspections on the west side of town. By extending the same inspection and fuel reduction process to the hazard zones through the municipal code, the town preserved roughly 2,000 fire department inspections that otherwise could have been lost.

3. John O’Connell stated he may have misunderstood the proposal and asked whether any changes beyond defensible space requirements were being made. He specifically asked if building standards were being changed to match very high fire hazard severity zone requirements and sought confirmation that no such changes were occurring.

Director Bradford explained that, with the adoption of the building code, the Town applied wildland-urban interface standards townwide. He said the standards required new construction to use enhanced materials and methods to better resist wildfires by hardening the building’s exterior shell. He also clarified that when parts of the exterior were replaced, only those specific elements needed to be upgraded, not the entire wall or exterior system.

Mayor Bhateja confirmed that all new construction townwide, including properties outside designated hazard severity zones, were required to meet the updated wildfire-resistant building standards. He explained that the policy was intended to gradually improve the town’s overall fire resistance, noting that areas like Altadena had suffered severe wildfire damage despite not being in hazard severity zones. He clarified that the requirements applied only to new construction, remodels, or projects involving exterior work, and not to existing homes untouched by construction.

There was no action taken on this item by the City Council.

C. Discussion of Inclusionary Housing, Residential Impact Fee, and Related Policy Direction Under Housing Element Programs A-6 and E-11
Community Development Director Jay Bradford and consultant Derek Braun of Strategic Economics presented the staff report regarding potential inclusionary housing policies and implementation of Housing Element Programs A-6 and E-11. Mr. Bradford explained that the Housing Element directs the Town to evaluate a local inclusionary housing ordinance supported by a feasibility analysis in order to expand affordable housing opportunities while remaining consistent with the Town’s development patterns and regulatory framework.

Mr. Bradford and Mr. Braun reviewed the purpose of inclusionary housing ordinances, which generally require certain residential developments to provide affordable housing units or alternative

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compliance measures such as in-lieu fees. The presentation discussed legal and economic considerations associated with inclusionary housing programs, including state law limitations, feasibility requirements, and the need to avoid creating standards that would constrain housing production.

The presentation also summarized feedback previously received from the Planning Commission and Finance and Investment Committee regarding potential program structures. Mr. Bradford explained that there was limited support for a broad residential impact fee program, while there was support for continuing evaluation of an inclusionary housing program tailored to the Town’s unique development context, particularly for multifamily rental and ownership housing projects.

Mr. Bradford and Mr. Braun further reviewed policy issues currently under evaluation, including applicability thresholds, affordability targets, compliance options, program flexibility, and strategies for addressing extremely low-income housing opportunities. The presentation emphasized that the Town’s limited number of multifamily opportunity sites and primarily low-density development pattern required careful calibration of any inclusionary housing requirements to maintain economic feasibility while supporting Housing Element goals.

Mr. Bradford concluded by stating that staff and Strategic Economics would continue refining the inclusionary housing framework, conduct additional public outreach and feasibility analysis, and return to the Planning Commission and City Council with draft ordinance options and supporting materials for future consideration.

Mayor Bhateja made a motion to approve Inclusionary Housing, Residential Impact Fee, and Related Policy Direction Under Housing Element Programs A-6 and E-11, including: (1) Rental Inclusionary:

Include extremely low-income to low-income requirements and (2) Ownership Inclusionary: Include low-income and moderate-income requirements. Vice Mayor Tyson seconded the motion.

APPROVED, VOTE 5-0
MOTION PASSED 5-0
AYES: Bhateja, Tyson, Mok, Swan, Tankha
NOES: None
RECUSE: None
ABSTAIN: None
ABSENT: None
D. Resolution Approving a Hybrid Public Meeting Disruption Policy Pursuant to Senate Bill 707 and Allowing for Committee Remote Participation Consistent with City Council Practices City Attorney Steve Mattas presented the staff report regarding adoption of a Hybrid Public Meeting Disruption Policy pursuant to Senate Bill 707 and proposed amendments to the Town’s remote participation rules for committees. Mr. Mattas reviewed the history of Brown Act teleconferencing rules, including the traditional teleconference requirements and the more flexible remote participation provisions established under AB 2449 during the COVID-19 pandemic.

Mr. Mattas explained that Senate Bill 707 made many of the AB 2449 teleconferencing provisions permanent and expanded remote participation flexibility for legislative body members. He further explained that SB 707 requires eligible legislative bodies beginning July 1, 2026 to provide public access through two-way audio-visual or telephonic meeting participation unless internet or telephone service is unavailable. Mr. Mattas stated that the legislation also requires agencies to adopt a policy regarding disruptions to telephonic or internet services during public meetings, including procedures for recessing meetings, restoring service, and determining whether meetings may continue following service interruptions.

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Mr. Mattas also reviewed additional SB 707 requirements related to public outreach and accessibility, including electronic agenda requests, maintenance of accessible meeting webpages, and outreach efforts intended to encourage participation from underrepresented communities.

Mr. Mattas further explained that the proposed Hybrid Public Meeting Disruption Policy would also revise the Town’s existing teleconferencing policy for committees. He stated that while committee members currently must attend meetings in person in order to participate and vote, the proposed policy would allow Town committee members to participate remotely pursuant to Brown Act teleconferencing provisions up to two meetings per calendar year, consistent with existing limits applicable to the City Council and Planning Commission. Mr. Mattas noted that committee members would still be required to comply with all Brown Act requirements and applicable laws.

Mr. Mattas concluded by stating that the proposed policy would become effective on May 1, 2026 to allow staff sufficient time to make any necessary operational and technical arrangements.

Mayor Bhateja made a motion to approve the Resolution Approving a Hybrid Public Meeting Disruption Policy Pursuant to Senate Bill 707 and Allowing for Committee Remote Participation Consistent with City Council Practices. Council Member Mok seconded the motion. APPROVED, VOTE 5-0
MOTION PASSED 5-0
AYES: Bhateja, Tyson, Mok, Swan, Tankha
NOES: None
RECUSE: None
ABSTAIN: None
ABSENT: None

8. PUBLIC HEARINGS

A. Waiver of Reading and Introduction of an Ordinance Amending Title 2, Chapter 1 "Councilmembers Salaries" of the Los Altos Hills Municipal Code to Increase the Councilmembers' Salaries to Nine Hundred Fifty Dollars a Month Management Analyst Joram Parcutilo presented the staff report regarding a proposed ordinance to increase City Councilmember salaries pursuant to Senate Bill 329. Mr. Parcutilo explained that Government Code Section 36516 authorizes general law cities to establish Councilmember salaries by ordinance and that SB 329 updated the population-based salary limits for City Council compensation beginning in 2023.

Mr. Parcutilo stated that the City Council previously discussed potential compensation increases at its February 10, 2026, meeting and directed staff to prepare an ordinance to increase Councilmember salaries from $300 per month to $950 per month, which is the maximum amount currently authorized for cities with populations under 35,000. Mr. Parcutilo also noted that a prior ordinance considered at the March 19, 2026, meeting did not pass due to a tie vote and had been returned for reconsideration.

Mr. Parcutilo reviewed the procedural requirements established under SB 329, including the requirement that salary ordinances be introduced and adopted at separate regular City Council meetings and that any salary increase apply prospectively upon the commencement of a new Councilmember term of office.

Mr. Parcutilo further explained that the proposed salary increase reflected the increasing workload and complexity associated with local governance, including City Council meetings, study sessions, committee assignments, review of agenda materials, community outreach, regional coordination, housing law compliance, and other responsibilities. Mr. Parcutilo stated

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that the proposed compensation level would remain within statutory limits and generally consistent with neighboring jurisdictions.

Mr. Parcutilo also reviewed the projected fiscal impact of the proposed increase, stating that annual Councilmember compensation would total $11,400 per Councilmember and approximately $57,000 annually for all five Councilmembers, exclusive of payroll taxes and optional benefits.

Councilmember Tankha requested to review the survey and asked who had conducted it.

Mayor Bhateja explained that he had originally started the survey and that it was now being managed by a group of volunteers. He stated that he would share that survey after other councilmembers had a chance to speak.

Vice Mayor Tyson said he took responsibility for bringing the proposal forward and reflected on a past law change allowing council salary adjustments, which he had originally voted against. He explained that although the proposed increase had difficult optics and the council salary had been unchanged since the 1980s or early 1990s, the adjustment would essentially reflect long-term inflation. He noted that while health benefits were a significant form of compensation, they were uneven and still left him paying substantial out-of-pocket costs.

He also said the council’s workload had significantly increased compared to the past, making the role more demanding than it once was. He argued that low compensation could discourage younger and more diverse candidates from serving, citing conversations with residents interested in civic involvement but constrained by time or financial barriers. He referenced survey feedback showing both criticism and support for raising compensation and noted that other cities had already adjusted their pay. Ultimately, he said these factors led him to support moving forward with the proposal.

Councilmember Mok said that, in his fifth year on the council, the time commitment had more than doubled and now involved a high number of meetings each month. He explained that balancing council duties with running a business had become increasingly difficult compared to when he first started. He noted that council compensation had not changed since around 1984 and argued that councilmembers should not serve without pay.

He said the work required significant effort and responsibility, and that modest compensation would make service more accessible, particularly for younger people entering public life or older residents on fixed incomes who might otherwise be unable to afford to serve.

Mayor Bhateja asked Vice Mayor Tyson to clarify whether the proposal would apply to current Council members. Vice Mayor Tyson responded that it would not apply to anyone currently serving, and that the change would take effect only at the start of a member’s next term. He added that only Council members who were re-elected would be affected in their subsequent term, and that individuals elected for the first time in 2026 would be eligible.

Councilmember Swan asked the City Attorney to confirm whether the proposal would take effect at the next election. City Attorney Mattas responded that it would take effect following the next election, noting that an election would occur this year.

Vice Mayor Tyson asked who would receive the benefit in 2027. City Attorney Mattas responded that it would apply to the two new council members and also to the other three sitting council members.

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Councilmember Tankha asked whether the proposal would apply to Councilmembers Linda, Stan, and Rajiv. She questioned whether the Council should be making decisions that would financially impact its own members, noting that such actions are often criticized when done by Congress, and said she was uncertain about whether that approach was appropriate.

Mayor Bhateja said the proposal had poor optics and resembled self-dealing, arguing that any pay increase should be decided by voters rather than the Council itself. He emphasized the town’s volunteer tradition and noted that other volunteers and Planning Commissioners often contributed more time with little or no compensation. He also questioned claims that higher pay would increase access for lower-income candidates and cited projected budget deficits as another concern. He concluded that he did not support the proposal.

Mayor Bhateja then presented survey results on Council compensation, explaining the projected cost increases and summarizing arguments for and against the proposal. He reported that about 135 respondents participated, with 61% opposing the increase and another 17% favoring a reduction, totaling 78% expressing opposition. He also cited written comments largely criticizing the proposal as excessive and questioning whether Council should decide its own compensation.

Councilmember Swan noted that this survey was available online as part of the packet and Mayor Bhateja noted he felt strongly about this item and continued sharing the survey results.

Councilmember Swan said the survey was not a statistically valid poll because it was not a random sample and was distributed through the Mayor’s compiled mailing list. She also questioned the neutrality of the questions and the representativeness of the 134 responses out of about 4,500 recipients.

Mayor Bhateja responded that the mailing list consisted of town residents compiled over time and argued that it was sufficiently broad to be considered representative. He disputed her characterization of the poll as non-random and stated that the survey questions and responses had been fully shared. Councilmember Swan maintained that, in her view, the results did not constitute a valid statistical poll.

Councilmember Tankha said the Council should not decide its own compensation, especially given projected fiscal deficits, and that such decisions should be left to voters. She acknowledged Councilmembers’ workload but noted that volunteers and the Planning Commission also contributed significant time. She added that the after-tax benefit appeared modest and argued the Council should rely on consistent peer comparisons.

Public Comments:

1. John O’Connell, a Los Altos Hills resident, commented regarding the proposed community survey process and expressed concern about the optics of involving Council Members and the Mayor in distributing the survey to a large number of residents. Mr. O’Connell stated that he believed the appearance of the survey distribution process raised greater concerns than the previously discussed Council stipend item. Mr. O’Connell also referenced earlier discussions regarding improving public outreach and resident engagement and noted that the Town’s weekly email distribution list currently reaches approximately 1,000 residents.

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2. Jim Waschura, a Los Altos Hills resident, commented regarding the proposed Councilmember salary increase and stated that he believed the Town often spends significant amounts on other initiatives while being reluctant to appropriately value compensation for elected officials. Mr.

Waschura stated that, in his opinion, the proposed increase was not excessive when considered in the context of inflation and the amount of time since Council salaries were last adjusted. Mr. Waschura further stated that compensation for public service sends an important message regarding the value the community places on civic participation and suggested that reasonable compensation may help encourage participation from a broader range of residents, including younger individuals or those with more limited financial means.

3. Kjell Karlsson, a Los Altos Hills resident, commented that he did not support compensation for City Councilmembers and stated that public service should be performed for the right reasons rather than for financial compensation.

4. Allan Epstein, a Los Altos Hills resident, commented that he did not believe individuals seek City Council service for financial compensation and stated that the primary concern regarding the proposed salary increase was the public perception and optics associated with the increase.

Vice Mayor Tyson made a motion to Waive the Reading and Introduce an Ordinance Amending Title 2, Chapter 1 "Councilmembers Salaries" of the Los Altos Hills Municipal Code to Increase the Councilmembers' Salaries to Nine Hundred Fifty Dollars a Month beginning with the seating of City Council in December 2028. Council Member Mok seconded the motion. APPROVED, VOTE 3-2

MOTION PASSED 3-2
AYES: Tyson, Mok, Swan
NOES: Bhateja, Tankha
RECUSE: None
ABSTAIN: None
ABSENT: None
B. Waiver of Reading and Introduction of an Ordinance Amending Title 10, Chapter 3 of the Municipal Code to Adopt Reasonable Accommodations Procedures for Land Use and Zoning Decisions Consistent with Housing Element Program B-9

Community Development Director Jay Bradford presented the staff report regarding a proposed ordinance establishing reasonable accommodation procedures for land use and zoning decisions consistent with Housing Element Program B-9. Mr. Bradford explained that the proposed ordinance was intended to codify the Town’s existing reasonable accommodation practices and establish a clear administrative process to ensure individuals with disabilities have equal opportunity to use and enjoy housing in compliance with federal and state fair housing laws.

Mr. Bradford explained that the proposed ordinance would allow applicants to request reasonable accommodations related to zoning standards, development standards, parking requirements, setbacks, permit procedures, and operational requirements affecting housing. He stated that requests could be submitted by individuals with disabilities, property owners, housing providers, or representatives acting on behalf of a person with a disability.

Mr. Bradford further reviewed the proposed administrative review process, explaining that applications would be reviewed administratively by the Community Development Director using objective criteria and findings, with decisions required within 30 days of a complete application whenever feasible. Mr. Bradford noted that requests could be approved, conditionally approved, or

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denied and that any decisions could be appealed to the Planning Commission pursuant to the Municipal Code.

Mr. Bradford also summarized recommendations previously made by the Planning Commission, including annual check-ins to confirm continued need for accommodations and periodic reporting to the Planning Commission regarding approved, denied, and concluded accommodation requests. Mr.

Bradford explained that these recommendations had been incorporated into the proposed procedures.

Mr. Bradford reviewed the objective decision matrix and required findings for approval, which include verification of disability-related need, demonstration of necessity, reasonableness, consistency with zoning regulations, and avoidance of adverse public safety impacts. He also noted that the proposed ordinance would maintain confidentiality protections for disability-related information, would not waive building or fire code requirements, and would not eliminate the need for permits or other applicable approvals.

Mr. Bradford concluded by stating that, if introduced, the ordinance would return to a future meeting for adoption and would become effective 30 days after adoption.

Public Comments:

1. John O’Connell, a Los Altos Hills resident, commented regarding the proposed reasonable accommodation procedures and expressed concern about allowing requests to be approved administratively by the Community Development Director without Planning Commission review.

Mr. O’Connell stated that he believed some applicants may attempt to maximize development potential under existing regulations and then seek additional exceptions through the reasonable accommodation process. Mr. O’Connell acknowledged that reasonable accommodations are important for individuals with legitimate disability-related needs, but expressed concern about potential misuse of the process in connection with larger development projects. Mr. O’Connell suggested that requests associated with new development projects involving additional development intensity or deviations from standards such as MDA or MFA should be referred to the Planning Commission for review.

Council Member Swan made a motion to Waive the Reading and Introduce an Ordinance Amending Title 10, Chapter 3 of the Municipal Code to Adopt Reasonable Accommodations Procedures for Land Use and Zoning Decisions Consistent with Housing Element Program B-9 Adding a required check-in to verify if accommodation is still required every 3 years. Council Member Mok seconded the motion. APPROVED, VOTE 5-0

MOTION PASSED 5-0
AYES: Bhateja, Tyson, Mok, Swan, Tankha
NOES: None
RECUSE: None
ABSTAIN: None
ABSENT: None

9. REPORTS FROM COMMITTEES, SUB-COMMITTEES, AND COUNCILMEMBERS ON

OUTSIDE AGENCIES
A. Report Out for Community Survey Ad Hoc Committee
Mayor Bhateja and Vice Mayor Tyson presented a report from the Community Survey Ad Hoc Committee regarding development of future resident surveys focused on Town services and policy issues. Mayor Bhateja explained that the ad hoc committee was previously directed to evaluate community survey options and initially considered conducting both a broad community-wide

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survey and several smaller issue-specific surveys. Following prior City Council feedback, the committee shifted its focus toward shorter, targeted surveys addressing specific subject areas.

Mayor Bhateja stated that the committee was proposing that future surveys be conducted internally by Town staff using Google Forms, which would minimize additional costs beyond staff time. The committee proposed beginning with a survey focused on planning and building services due to the significant level of recent community interest and feedback regarding permitting and development processes.

Mayor Bhateja further explained that future surveys could potentially address additional topics such as housing, open space, and community recreation. The proposed planning and building survey would include questions related to project types, permitting timelines, discretionary review processes, responsiveness of Town staff, clarity of application requirements, overall customer experience, and recommendations for improving Town services.

Mayor Bhateja also stated that the committee proposed first reviewing the survey questions and structure with the Planning Commission before returning the survey to the City Council for additional review and feedback at a future meeting. Once finalized, the survey would be distributed through multiple outreach methods, including email, postcards, the Town website, and community events such as the Town Picnic.

B. Report Out for Mayoral Rotation Ad Hoc Committee
Vice Mayor Tyson presented the findings and recommendations on behalf of the Mayoral Rotation Ad Hoc Committee, which included himself and Councilmember Tankha, regarding a proposed policy for selecting the Town’s Vice Mayor and Mayor. The ad hoc committee explained that the proposed policy was intended to establish an orderly and consistent rotation process that balanced continuity and experience with opportunities for all Councilmembers to serve in leadership positions.

The proposed policy established minimum eligibility requirements of one year of Council service to serve as Vice Mayor and two years of service to serve as Mayor. The proposal further recommended that the Vice Mayor automatically advance to Mayor at the annual reorganization meeting unless the Vice Mayor was no longer serving on the Council.

Vice Mayor Tyson and Council Member Tankha also reviewed the proposed criteria for selecting future Vice Mayors, prioritizing Councilmembers who had not previously served as Vice Mayor or Mayor, followed by Councilmembers who had served as Mayor only once. Additional tiebreaking criteria included length of Council service and number of votes received in the most recent election.

The ad hoc committee further explained proposed procedures for addressing mid-year vacancies in the office of Mayor and clarified that former Councilmembers returning after a break in service would re-enter the rotation process without consideration of prior service before the break. The committee noted that the City Council would retain discretion to suspend or modify the policy if extraordinary circumstances arose.

Public Comments:

1. Jim Waschura, a Los Altos Hills resident, commented that he believed leadership positions such as Mayor and Vice Mayor should be based primarily on experience, qualifications, and demonstrated leadership ability rather than solely on a rotational system.

2. Allan Epstein, a Los Altos Hills resident, commented that he was surprised the proposed mayoral rotation policy was being discussed and expressed concern that the proposal could be viewed as revising or redefining the Town’s historical practices regarding selection of the Mayor and Vice Mayor positions.

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20 City Council Regular Meeting Minutes
April 16, 2025

3. John O’Connell, a Los Altos Hills resident, commented regarding the proposed mayoral rotation policy and stated that he did not believe a minimum one-year waiting period on the Council necessarily created substantially greater qualifications or leadership ability for service as Mayor or Vice Mayor. Mr. O’Connell expressed the opinion that many individuals seeking elected office already possess significant professional or leadership experience prior to serving on the Council. Mr. O’Connell further stated that he supported allowing newer Councilmembers to move into leadership positions more quickly and suggested that Councilmembers receiving the highest level of voter support could reasonably be considered for those positions. Mr. O’Connell stated that he did not favor the proposed one-year delay requirement contained in the draft policy.

4. Kjell Karlsson, a Los Altos Hills resident, commented regarding the proposed mayoral rotation policy and stated that he believed the Council-Manager form of government has historically relied on an established rotational process for selecting Mayor and Vice Mayor positions. Mr. Karlsson stated that, in his opinion, the Town’s existing practices had generally functioned well and referenced prior discussions regarding mayoral rotation in Los Altos Hills. Mr. Karlsson further stated that he did not believe a one-year waiting period before serving as Vice Mayor was necessary and expressed the opinion that the Town should continue following its historical rotational practices rather than adopting new restrictions or qualifications for leadership appointments.

Council Member Swan made a motion to approve Selection Policy of Vice Mayor and Mayor as presented. Council Member Tyson seconded the motion. APPROVED, VOTE 4-1 MOTION PASSED 4-1
AYES: Tyson, Mok, Swan, Tankha
NOES: Bhateja
RECUSE: None
ABSTAIN: None
ABSENT: None

10. STAFF REPORTS
A. City Attorney Steve Mattas had no report.

B. City Clerk Arika Miller provided an update on the records management project, noting that approximately 300 boxes have been relocated from the Corporation Yard to a secure, fireproof and waterproof storage facility. She shared progress photos and commended the maintenance crew and consultant for their outstanding work, noting their efforts were instrumental in the successful execution of the project.

C. Planning Director Jay Bradford provided an update on the upcoming April 22 Planning Commission meeting and the April 29 special City Council meeting. He also reported that interviews for the Assistant Planner position are scheduled for May.

D. Finance Director Thomas Leung reported that the Accounting staff completed the March bank reconciliation using new software, reducing processing time by over 90 percent. Staff are continuing to refine processes to streamline reconciliations and reporting.

A joint meeting of the City Council and the Finance and Investment Committee is scheduled for May 15 to review the FY 2025–26 Proposed Budget. A preliminary budget will be presented to the Committee on May 4, with an additional meeting tentatively scheduled for May 11. Staff also met 1:1 with Council over the past two weeks to review projections and gather input on

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Los Altos Hills City CouncilMay 14, 2026

Los Altos Hills City Council
May 14, 2026