Malibu City Council
January 8, 2024

Agenda Item #3.B.5.

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Mario Reyna, Information Systems Manager
Reviewed by: Joseph D. Toney, Assistant City Manager
Approved by: Steve McClary, City Manager
Date prepared: December 7, 2023 Meeting date: January 8, 2024 Subject: Digital Multifunction Device Award
RECOMMENDED ACTION: Authorize the Mayor to execute an Agreement with Toshiba Business Solutions for Multifunction printer leasing, maintenance, and services in the amount of $42,644.16.

FISCAL IMPACT: The contract award is a cost of $42,644.16, with additional copy/print charges based on actual use, and funding for this agreement was included in the Adopted Budget for FY 2023-24 in account No. 100-7059-5800-00.

STRATEGIC PRIORITY: This item is part of the day-to-day operations identified in the Adopted FY 2023-24 Strategic Priority Project List.

DISCUSSION: The City of Malibu requires Multifunction Printers (MFP) to support City operations. The City has four devices to provide scanning, copying, and printing services at City Hall. The printers the city has used for many years have reached the end of their effective lifespan, and it was determined that replacement of the devices would provide the best support for efficient staff support.

On June 22, 2023, the City of Malibu issued a Request for Proposals (RFP) to lease four network digital multifunction printers. The lease term would be three years and include a maintenance and service agreement. The City received eight responsive proposals. A selection panel reviewed the proposals and rated the submittals to determine how well each proposal captured the requirements of the RFP. The top three proposals from the initial review were invited to interview with the panel. The panel rated the interviewed firms and determined that Toshiba Business Solutions is the most qualified to provide the City Council Meeting
01-08-24
Item

3.B.5.

Agenda Item #3.B.5.
equipment, maintenance, and service. Before making the final selection, the Information Technology (IT) staff wanted to allow staff to test the equipment to see if they felt comfortable using it for their printing needs. Toshiba Business Solutions brought a MFP to City Hall for a testing day, and staff could try it out. Staff feedback was favorable and provided the final decision to award the agreement to Toshiba Business Solutions.

Staff recommends executing an agreement with Toshiba Business Solutions to lease, maintain, and service four MFP devices. The cost includes $14,214.72 per year for leasing costs for a three-year total of $42,644.16, plus a per copy/print rate of $0.0045 for black and white, and $0.045 for color images.

ATTACHMENTS:

1. MFP Professional Services Agreement

2. Toshiba Business Solutions Proposal

AGREEMENT FOR PROFESSIONAL SERVICES
This Agreement is made and entered into as of January 8, 2024, by and between the City of Malibu (hereinafter referred to as the "City"), and Toshiba Business Solutions, a division of Toshiba America Business Solutions. (hereinafter referred to as the "Consultant").

The City and the Consultant agree as follows:

R E C I T A L S
A. The City does not have the personnel able and/or available to perform the services required under this Agreement.

B. The City desires to contract out for consulting services for certain projects relating Leasing Four (4) Network Digital Multifunction Devices Assessment and Strategic Plan.

C. The Consultant warrants to the City that it has the qualifications, experience and facilities to perform properly and timely the services under this Agreement.

D. The City desiresto contract with the Consultant to perform the services as described in Exhibit A of this Agreement.

NOW, THEREFORE, the City and the Consultant agree as follows:

1.0 SCOPE OF THE CONSULTANT’S SERVICES. The Consultant agrees to provide the services and perform the tasks set forth in the Scope of Work, attached as Exhibit A and made part of this Agreement. The Scope of Work may be amended from time to time by way of a written directive from the City. In the event of any conflict in term(s) or provision(s) in this Agreement and Exhibit A, the term(s) and provision(s) of this Agreement shall govern.

Notwithstanding the foregoing leased equipment shall be governed by the separate and stand-alone lease agreement(s) with the third-party finance partner. Lease with Maintenance Agreement is incorporated in Exhibit A.

2.0 TERM OF AGREEMENT. This Agreement will become effective on November 13, 2023, and will remain in effect for a period of 36 months from said date unless otherwise expressly extended and agreed to by both parties or terminated by either party as provided herein.

3.0 CITY AGENT. The City Manager, or his or her designee, for the purposes of this Agreement, is the agent for the City; whenever approval or authorization is required, Consultant understands that the City Manager, or his or her designee, has the authority to provide that approval or authorization.

4.0 COMPENSATION FOR SERVICES. The City shall pay the Consultant for its the lease of 4 Multi-function printers and the image print costs incurred. The attached maintenance agreement outlines the charge rate for these costs. The Lease costs will be $1,184.56 per month for a three (3) year total of $42,644.16. The image chargers will be based on actual use. No additional compensation shall be paid for any other expenses incurred, unless first approved by the City Manager or his/her designee.

4.1 The Consultant shall submit to the City, by no later than the 10th day of each Agreement for Professional Services
Toshiba Business Solutions

month, its bill for services itemizing the fees and costs incurred during the previous month. The City shall pay the Consultant all uncontested amounts set forth in the Consultant's bill within 30 days after it is received.

5.0 CONFLICT OF INTEREST. The Consultant represents that it presently has no interest and shall not acquire any interest, direct or indirect, in any real property located in the City which may be affected by the services to be performed by the Consultant under this Agreement.

The Consultant further represents that in performance of this Agreement, no person having any such interest shall be employed by it.

5.1 The Consultant represents that no City employee or official has a material financial interest in the Consultant’s business. During the term of this Agreement and/or as a result of being awarded this contract, the Consultant shall not offer, encourage or accept any financial interest in the Consultant’s business by any City employee or official.

6.0 GENERAL TERMS AND CONDITIONS.

6.1 Termination. The contract is for a 3 year term and will end by January 2027. Either the City Manager or the Consultant may terminate this Agreement, without cause, by giving the other party thirty (30) days written notice of such termination and the effective date thereof. Notwithstanding the foregoing leased equipment shall be governed by the separate and stand-alone lease agreement(s) with the third-party finance partner and is not affected by cancelation or termination of this contract.

6.1.1 In the event of such termination, all finished or unfinished documents, reports, photographs, films, charts, data, studies, surveys, drawings, models, maps, or other documentation prepared by or in the possession of the Consultant under this Agreement shall be returned to the City. If the City terminates this Agreement without cause, the Consultant shall prepare and shall be entitled to receive compensation pursuant to a close-out bill for services rendered and fees incurred pursuant to this Agreement through the notice of termination. If the Consultant terminates this Agreement without cause, the Consultant shall be paid only for those services completed in a manner satisfactory to the City.

6.1.1 If the Consultant or the City fail to fulfill in a timely and proper manner its obligations under this Agreement, or if the Consultant or the City violate any of the covenants, agreements, or stipulations of this Agreement, the Consultant or the City shall have the right to terminate this Agreement by giving thirty (30) day written notice to the other party of such termination, provided that the City provides written notice of the default and the default remains uncured after a thirty (30) day cure period. and specifying the effective date of such termination.

The Consultant shall be entitled to receive compensation in accordance with the terms of this Agreement for any work satisfactorily completed hereunder. Notwithstanding the foregoing, the Consultants shall not be relieved of
Agreement for Professional Services
Toshiba Business Solutions

liability for direct damage sustained by virtue of any breach of this Agreement and any payments due for the maintenance portion under this Agreement may be withheld to off-set anticipated damages. Notwithstanding the foregoing, once executed, equipment lease payments may not be withheld or set off under any circumstances

6.2 Non-Assignability. The Consultant shall not assign or transfer any interest in this Agreement without the express prior written consent of the City. Notwithstanding the foregoing, Consultant reserves the right to assign to a third-party leasing partner its rights, title and interest to leased product(s), including the right to collect payment and enforce its said rights.

Consultant retains all other contractual obligations.

6.3 Non-Discrimination. The Consultant shall not discriminate as to race, creed, gender, color, national origin or sexual orientation in the performance of its services and duties pursuant to this Agreement, and will comply with all applicable laws, ordinances and codes of the Federal, State, County and City governments.

6.4 Insurance. The Consultant shall submit to the City certificates indicating compliance with the following minimum insurance requirements no less than one (1) day prior to beginning of performance under this Agreement:
(a) Workers Compensation Insurance as required by law. The Consultant shall require all subcontractors similarly to provide such compensation insurance for their respective employees.
(b) Comprehensive general and automobile liability insurance protecting the Consultant in amounts not less than $1,000,000 for personal injury to any one person, $1,000,000 for injuries arising out of one occurrence, and $500,000 for property damages or a combined single limit of $1,000,000. Each such policy of insurance shall:
1) Be issued by a financially responsible insurance company or companies admitted and authorized to do business in the State of California or which is approved in writing by City.
2) Name and list as additional insured the City, its officers and employees.
3) Specify its acts as primary insurance.
4) Contain a clause substantially in the following words: "It is hereby understood and agreed that this policy shall not be canceled nor materially changed except upon thirty (30) days prior written notice to the City of such cancellation or material change." 5) Cover the operations of the Consultant pursuant to the terms of this Agreement.

6.5 Indemnification. Consultant shall indemnify, defend with counsel approved by City, and hold harmless City, its officers, officials, employees and volunteers from and against liability, loss, direct damage, expense, actual cost (including without limitation reasonable attorneys fees, expert fees and all other costs and fees of litigation) arising out of or in connection with Consultant’s performance of work hereunder or its failure to Agreement for Professional Services
Toshiba Business Solutions

comply with any of its obligations contained in this Agreement, regardless of City’s passive negligence, but excepting such loss or damage which is caused by the sole active negligence or willful misconduct of the City. Should City in its sole discretion find Consultant’s legal counsel unacceptable, then Consultant shall reimburse the City its costs of defense, including without limitation reasonable attorneys fees, expert fees and all other costs and fees of litigation. The Consultant shall promptly pay any final judgment rendered against the City (and its officers, officials, employees and volunteers) covered by this indemnity obligation. It is expressly understood and agreed that the foregoing provisions are intended to be as broad and inclusive as is permitted by the law of the State of California and will survive termination of this Agreement.

IN NO EVENT SHALL CONSULTANT BE LIABLE FOR CONSEQUENTIAL, INCIDENTAL OR INDIRECT DAMAGES. CONSULTANT’S ENTIRE LIABILITY UNDER THE

AGREEMENT IS LIMITED TO PROVEN DIRECT DAMAGES NOT TO EXCEED THE

AMOUNT CONSULTANT HAS RECEIVED UNDER THE AGREEMENT FOR THE PRIOR TWELVE (12) MONTHS.

6.6 Compliance with Applicable Law. The Consultant and the City shall comply with all applicable laws, ordinances and codes of the federal, state, county and city governments, including, without limitation, Malibu Municipal Code Chapter 5.36 Minimum Wage.

6.7 Independent Contractor. This Agreement is by and between the City and the Consultant and is not intended, and shall not be construed, to create the relationship of agency, servant, employee, partnership, joint venture or association, as between the City and the Consultant.

6.7.1. The Consultant shall be an independent contractor, and shall have no power to incur any debt or obligation for or on behalf of the City. Neither the City nor any of its officers or employees shall have any control over the conduct of the Consultant, or any of the Consultant’s employees, except as herein set forth, and the Consultant expressly warrants not to, at any time or in any manner, represent that it, or any of its agents, servants or employees are in any manner employees of the City, it being distinctly understood that the Consultant is and shall at all times remain to the City a wholly independent contractor and the Consultant's obligations to the City are solely such as are prescribed by this Agreement.

6.8 Copyright. No reports, maps or other documents produced in whole or in part under this Agreement shall be the subject of an application for copyright by or on behalf of the Consultant.

6.9 Legal Construction.
(a) This Agreement is made and entered into in the State of California and shall in all respects be interpreted, enforced and governed under the laws of the State of California.
(b) This Agreement shall be construed without regard to the identity of the persons who drafted its various provisions. Each and every provision of this Agreement shall be construed as though each of the parties participated equally in the drafting of same, and any rule of construction that a document is to be construed against the drafting party shall not be applicable to this Agreement.

Agreement for Professional Services
Toshiba Business Solutions

(c) The article and section, captions and headings herein have been inserted for convenience only and shall not be considered or referred to in resolving questions of interpretation or construction.
(d) Whenever in this Agreement the context may so require, the masculine gender shall be deemed to refer to and include the feminine and neuter, and the singular shall refer to and include the plural.

6.10 Counterparts. This Agreement may be executed in counterparts and as so executed shall constitute an agreement which shall be binding upon all parties hereto.

6.11 Final Payment Acceptance Constitutes Release. The acceptance by the Consultant of the final payment made under this Agreement shall operate as and be a release of the City from all claims and liabilities for compensation to the Consultant for anything done, furnished or relating to the Consultant’s work or services. Acceptance of payment shall be any negotiation of the City’s check or the failure to make a written extra compensation claim within ten (10) calendar days of the receipt of that check. However, approval or payment by the City shall not constitute, nor be deemed, a release of the responsibility and liability of the Consultant, its employees, sub-consultants and agents for the accuracy and competency of the information provided and/or work performed; nor shall such approval or payment be deemed to be an assumption of such responsibility or liability by the City for any defect or error in the work prepared by the Consultant, its employees, sub-consultants and agents.

6.12 Corrections. In addition to the above indemnification obligations, the Consultant shall correct, at its expense, all errors in the work which may be disclosed during the City’s review of the Consultant’s report or plans. Should the Consultant fail to make such correction in a reasonably timely manner, such correction shall be made by the City, and the cost thereof shall be charged to the Consultant.

6.13 Files. All files of the Consultant pertaining to the City shall be and remain the property of the City. The Consultant will control the physical location of such files during the term of this Agreement and shall be entitled to retain copies of such files upon termination of this Agreement.

6.14 Waiver; Remedies Cumulative. Failure by a party to insist upon the performance of any of the provisions of this Agreement by the other party, irrespective of the length of time for which such failure continues, shall not constitute a waiver of such party's right to demand compliance by such other party in the future. No waiver by a party of a default or breach of the other party shall be effective or binding upon such party unless made in writing by such party, and no such waiver shall be implied from any omissions by a party to take any action with respect to such default or breach. No express written waiver of a specified default or breach shall affect any other default or breach, or cover any other period of time, other than any default or breach and/or period of time specified. All of the remedies permitted or available to a party under this Agreement, or at law or in equity, shall be cumulative and alternative, and invocation of any such right or remedy shall not constitute a waiver or election of remedies with respect to Agreement for Professional Services
Toshiba Business Solutions

any other permitted or available right of remedy.

6.15 Mitigation of Damages. In all such situations arising out of this Agreement, the parties shall attempt to avoid and minimize the damages resulting from the conduct of the other party.

6.16 Partial Invalidity. If any provision in this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions will nevertheless continue in full force without being impaired or invalidated in any way.

6.17 Attorneys' Fees. The parties hereto acknowledge and agree that each will bear his/her or its own costs, expenses and attorneys' fees arising out of and/or connected with the negotiation, drafting and execution of the Agreement, and all matters arising out of or connected therewith except that, in the event any action is brought by any party hereto to enforce this Agreement, the prevailing party in such action shall be entitled to reasonable attorneys' fees and costs in addition to all other relief to which that party or those parties may be entitled.

6.18 Entire Agreement. This Agreement constitutes the whole agreement between the City and the Consultant, and neither party has made any representations to the other except as expressly contained herein. Neither party, in executing or performing this Agreement, is relying upon any statement or information not contained in this Agreement. Any changes or modifications to this Agreement must be made in writing appropriately executed by both the City and the Consultant.

6.19 Notices. Any notice required to be given hereunder shall be deemed to have been given by depositing said notice in the United States mail, postage prepaid, and addressed as follows:

CITY: Steve McClary CONSULTANT: Brian McKone
City Manager VP/GM
City of Malibu
23825 Stuart Ranch Road
Toshiba Business Solutions
a division of Toshiba
America Business
Solutions
25530 Commercentre Drive
Malibu, CA 90265-4861 Lake Forest, CA 92630
TEL (310) 456-2489 x 226 TEL (805) 874-2829
FAX (310) 456-2760 Brian McKone @tbs.toshiba.com

6.20 Warranty of Authorized Signatories and Acceptance of Facsimile or Electronic Signatures. Each of the signatories hereto warrants and represents that he or she is competent and authorized to enter into this Agreement on behalf of the party for whom he or she purports to sign. The Parties agree that this Contract, agreements ancillary to this Contract, and related documents to be entered into in connection with this Contract will be considered signed when the signature of a party is delivered physically or by facsimile transmission or scanned and delivered via electronic mail. Such facsimile or electronic mail copies will be treated in all respects as having the same effect as an original signature.

Agreement for Professional Services
Toshiba Business Solutions

7.0 GENERAL TERMS AND CONDITIONS. (City and Consultant initials required at EITHER 7.1 or 7.2)

7.1 Disclosure Required. By their respective initials next to this paragraph, City and Consultant hereby acknowledge that Consultant is a “consultant” for the purposes of the California Political Reform Act because Consultant’s duties would require him or her to make one or more of the governmental decisions set forth in Fair Political Practices Commission Regulation 18700.3(a) or otherwise serves in a staff capacity for which disclosure would otherwise be required were Consultant employed by the City. Consultant hereby acknowledges his or her assumingoffice, annual, and leaving-office financial reporting obligations under the California Political Reform Act and the City’s Conflict of Interest Code and agrees to comply with those obligations at his or her expense. Prior to consultant commencing services hereunder, the City’s Manager shall prepare and deliver to consultant a memorandum detailing the extent of Consultant’s disclosure obligations in accordance with the City’s Conflict of Interest Code.

City Initials
Consultant Initials

7.2 Disclosure not Required. By their initials next to this paragraph, City and Consultant hereby acknowledge that Consultant is not a “consultant” for the purpose of the California Political Reform Act because Consultant’s duties and responsibilities are not within the scope of the definition of consultant in Fair Political Practice Commission Regulation 18700.3(a) and is otherwise not serving in staff capacity in accordance with the City’s Conflict of Interest Code.

City Initials
Consultant Initials
This Agreement is executed on , at Malibu, California,
and effective as of January 8, 2024.

CONSULTANT:

By: Brian McKone, VP/GM
Toshiba Business Solutions a division of Toshiba America Business Solutions CITY OF MALIBU:

STEVE UHRING, Mayor
Agreement for Professional Services
Toshiba Business Solutions

ATTEST:

KELSEY PETTIJOHN, City Clerk
(seal)
APPROVED AS TO FORM:

TREVOR RUSIN, Interim City Attorney
EXHIBIT A – Lease and Maintenance Agreement
Attached
1 of 2 SEE PAGE 2 FOR ADDITIONAL TERMS AND CONDITIONS TFS - 0522

LEASE WITH MAINTENANCE AGREEMENT

APPLICATION NUMBER AGREEMENT NUMBER
The words you and your, refer to the Customer. The words Lessor, we, us, and our, refer to Toshiba Financial Services. The Toshiba Equipment is covered by the terms of the Toshiba Quality Commitment, a copy of which may be obtained from your service provider. We own the Equipment, as defined below, (excluding software) and you have the right to use it under the terms of this Agreement.

CUSTOMER CONTACT INFORMATION

Contact Person: Bill-To Phone: Bill-To Fax:

Billing Address: City, State - Zip:

Equipment Location:
(if different than above) City, State - Zip:

TBS LOCATION
Contact Name: Location:

EQUIPMENT WITH CONSOLIDATED MINIMUMS
ITEM DESCRIPTION MODEL NO. SERIAL NO. STARTING METER

See attached form (Schedule "A") for Additional Equipment See attached form (Billing Schedule) for Additional Equipment/Payment Schedule

LEASE TERM & PAYMENT SCHEDULE
Number of Payments: of $ * Security Deposit**: $ Received *plus applicable taxes Payments includes: B&W Images per Month Excess Images at: $ * per B&W Image End-of-Lease Options:

You will have the following options at the
end of your original term, provided the
Agreement has not terminated early and no
event of default under the Agreement has
occurred and is continuing.

1. Purchase the Equipment at Fair Market
Value per section 16.

2. Renew the Agreement per section 17.

3. Return Equipment.

Payments includes: Color Images per Month Excess Images at: $ * per Color Image Payments includes: Scan Images per Month Excess Images at: $ * per Scan Image Payments includes: B&W Print Images per Month Excess Images at: $ * per B&W Print Image Payments includes: Color Print Images per Month Excess Images at: $ * per Color Print Image Origination Fee: Up to $99.00 (included in First Invoice) Lease payment period is monthly unless otherwise indicated.

Excess Images billed: Monthly Quarterly Semi-Annually Annually ** Security Deposit: The security deposit is non interest bearing and is to secure your performance under this Agreement. Any security deposit made may be applied by us to satisfy any amount owed by you in, in which event you will promptly restore the security deposit to its full amount as set forth above. If all conditions are fully complied with and provided you have not ever been in default of the Agreement in the Default section, the security deposit will be refunded to you after the return of the equipment in accordance with the Return of Equipment section.

THIS IS A NONCANCELABLE / IRREVOCABLE AGREEMENT. THIS AGREEMENT CANNOT BE CANCELLED OR TERMINATED.

LESSOR ACCEPTANCE
Toshiba Financial Services Signature: Title: Date:

CUSTOMER ACCEPTANCE
You hereby acknowledge and agree that your original or electronic signature below shall constitute an enforceable and original signature for all purposes. This Agreement may be executed in counterparts. The executed counterpart which has Lessor’s original signature and/or is in Lessor’s possession shall constitute chattel paper as that term is defined in the Uniform Commercial Code (“UCC”) and shall constitute the original agreement for all purposes, including, without limitation, (i) any hearing, trial or proceeding with respect to this Agreement, and (ii) any determination as to which version of this Agreement constitutes the single true original item of chattel paper under the UCC. If Customer signs and transmits this Agreement to Lessor by facsimile or other electronic transmission, the transmitted copy, upon execution by Lessor, shall be binding upon the parties.

Customer agrees that the facsimile or other electronic transmission of this Agreement manually signed by Lessor, when attached to the facsimile or other electronic copy signed by Customer, shall constitute the original agreement for all purposes, including, without limitation, those outlined above in this Section. Without limiting and subject to the foregoing, the parties further agree that, for purposes of executing this Agreement, (a) a document signed and transmitted by facsimile or other electronic transmission shall be treated as an original document, (b) the signature of any party on such document shall be considered as an original signature, (c) the document transmitted shall have the same effect as a counterpart thereof containing original signatures, and (d) at the request of Lessor, Customer, who executed this Agreement and transmitted its signature by facsimile, or other electronic transmission shall provide the counterpart of this Agreement containing Customer’s original manual signature to Lessor. No party may raise as a defense to the enforcement of this Agreement that a facsimile or other electronic transmission was used to transmit any signature of a party to this Agreement. BY SIGNING THIS PAGE, YOU REPRESENT TO US THAT YOU HAVE RECEIVED AND READ THE ADDITIONAL TERMS AND CONDITIONS APPEARING ON THE SECOND PAGE OF THIS AGREEMENT. THIS AGREEMENT IS BINDING UPON OUR ACCEPTANCE HEREOF.

Legal Company Name: Fed. Tax ID#:

Name: Signature: X Title: Date:
0 0.00450 23825 Stuart Ranch Rd Malibu CA 90265-4861 Toshiba e-STUDIO7527ACT Toshiba e-STUDIO7527ACT Toshiba e-STUDIO7527ACT Toshiba e-STUDIO7527ACT Mario Reyna 36 Jeff Wagner +1.310.456.3356 Malibu, CA 90265 ESTUDIO7527ACT ESTUDIO7527ACT ESTUDIO7527ACT 0 0.04500 ESTUDIO7527ACT (310) 456-2489 City of Malibu1,184.56 0.00 2 of 2 TFS - 0522

TERMS AND CONDITIONS

1. Lease Agreement: You agree to lease from us the equipment described under “ITEM DESCRIPTION” and on any attached Schedule (hereinafter, with all replacement parts, repairs, additions and accessories, referred to as the “Equipment”) and as modified by Supplements to this Agreement from time to time signed by you and us. You authorize us to insert or correct missing information on this Agreement, including your accurate legal name, serial numbers and any other information describing the Equipment.

You authorize us to change the amount of each Payment (set forth on page 1 of this Agreement) by not more than 15% due to changes in the equipment configuration which may occur prior to our acceptance of this Agreement or adjustments to reflect applicable sales taxes. We will send you copies of any changes. You agree to provide updated annual and/or quarterly financial statements to us upon request. You authorize us or our assignee to obtain credit reports and make credit inquiries regarding you and your financial condition and to provide your information, including payment history, to our assignees or third parties having an economic interest in this Agreement or the Equipment. Toshiba Financial Services (TFS) is not responsible for service or maintenance of the Equipment and is not party to any service maintenance agreement.

2. Lease Commencement: This Agreement will commence upon your acceptance of the applicable Equipment. When you receive the Equipment, you agree to inspect it and verify your acceptance by telephone or, at our request, by delivery of written evidence of acceptance satisfactory to us. Upon acceptance, your obligations under this Agreement will become absolute and unconditional, and are not subject to cancellation, reduction or setoff for any reason whatsoever. You agree to pay us the amounts payable under the terms of this Agreement each period by the due date in accordance with the Term and Payment schedule set forth on page 1 of this Agreement. Payments shall be delivered to our address or to such other address as we may designate in writing. For any payment that is not received by its due date, you agree to pay a late charge equal to the higher of 10% of the amount due or $22 (not to exceed the maximum allowed by law).

3. Image Charges: Each month during the term of this Agreement, you agree to remit to us the Payment and all other sums when due and payable to the address we provide to you from time to time. In return for the Payment, you are entitled to produce the Images (set forth on page 1 of this Agreement) included for each applicable image type each month. You also agree to pay us the Excess Image charge (set forth on page 1 of this Agreement) for each metered image that exceeds the applicable Images Included. We reserve the right to estimate the number of images used if you do not provide us with meter readings within seven days of request. We will adjust the estimated charge for excess images upon receipt of actual meter readings. Notwithstanding any adjustments, you will never remit to us less than the Minimum Payment each month. You agree that we reserve the right to increase the maintenance and supplies portion of the Lease Payment and/or the Excess Image charge each year during the Term of the Schedule by an amount not to exceed fifteen percent (15%) of the Payment and/or the Excess Image charge in effect at the end of the prior annual period. At our option, you will: (a) provide meter readings via an automated website when requested by us. We may charge a fee to recover the cost of meter collections if meters are requested but not submitted through the automated website. (b) Provide us by telephone or facsimile the actual meter readings when requested by us. (c) Allow us (or our agent) access to the Equipment to obtain meter readings. (d) Allow us (or our agent) to attach an automatic meter reading device to the Equipment. We may audit the automatic meter reading device periodically. If you have a dispute with your service provider, you continue to pay us all Payments and Excess Image charges without deductions or withholding deductions. Images made on Equipment marked as “Customer Owned” will be included in determining your image and excess charges.

4. WARRANTY DISCLAIMER: WE MAKE NO WARRANTY EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, THAT THE EQUIPMENT IS FIT FOR A PARTICULAR PURPOSE OR THAT THE EQUIPMENT IS MERCHANTABLE. YOU AGREE THAT YOU HAVE SELECTED EACH ITEM OF EQUIPMENT BASED UPON YOUR OWN JUDGMENT AND DISCLAIM ANY RELIANCE UPON ANY STATEMENTS OR REPRESENTATIONS MADE BY US. YOU LEASE THE EQUIPMENT “AS IS”. NO REPRESENTATION OR WARRANTY WITH RESPECT TO THE EQUIPMENT WILL BIND US, NOR WILL ANY BREACH THEREOF RELIEVE YOU OF ANY OF YOUR OBLIGATIONS HEREUNDER. YOU AGREE THAT WE WILL NOT BE RESPONSIBLE TO PAY YOU ANY CONSEQUENTIAL OR INCIDENTAL DAMAGES FOR ANY DEFAULT BY US UNDER THIS AGREEMENT.

5. Statutory Finance Lease: You agree that this Agreement qualifies as a statutory Finance Lease under Article 2A of the Uniform Commercial Code. To the extent you are permitted by applicable law, you waive all rights and remedies provided by Article 2A (sections 508-522) of the Uniform Commercial Code.

6. Security Interest: You authorize us to file a financing statement with respect to the Equipment. If this Agreement is deemed to be a secured transaction, you grant us a security interest in the Equipment to secure all amounts you owe us under any agreement with us.

7. Use Maintenance and Repair of Equipment: YOU WILL USE THE EQUIPMENT ONLY IN THE LAWFUL CONDUCT OF YOUR BUSINESS AND NOT FOR PERSONAL, HOUSEHOLD OR FAMILY PURPOSES. You will not move the Equipment from the equipment location listed on page 1 without our advance written consent. You will give us reasonable access to the Equipment so that we can check the Equipment’s existence, condition and proper maintenance. At your cost, you will keep the Equipment in good repair, condition and working order, ordinary wear and tear excepted. You will not make any permanent alterations to the Equipment. You will keep the Equipment free and clear of all liens. You assign to us all of your rights, but none of your obligations, under any purchase agreement for the Equipment. We assign to you all our rights under any warranties, so long as you are not in default.

8. Software: Except as provided in this paragraph, references to “Equipment” include any software referenced above or installed on the Equipment. We do not own the software and cannot transfer any interest in it to you. You are responsible for entering into any license and/or other agreement (each a “License Agreement”) required by the applicable software supplier or software licensor no later than the effective date of this Agreement and you will fully comply with such License, if any, throughout the applicable term. We are not responsible for the software or the obligations of you or the software licensor under any License Agreement. If any items are listed with the Equipment and denoted as “(Software as a Service)” you understand the Payment set forth on page 1 includes the periodic amount you have agreed to pay for the software/subscription services described in your Master Software and Services Agreement and/or your Statement of Services relating to such software/subscription services (“SaaS”) with Toshiba America Business Solutions Inc. (“TBS”). Please reference your SaaS for a description of your rights and obligations with respect to such software/subscription services. You acknowledge the SaaS is separate from this Agreement, it shall not affect your obligations under this Agreement in any way, and TBS is solely responsible for the performance obligations related to SaaS.

9. Taxes and Lease Charges: You agree to pay all taxes, costs and expenses incurred by us as a consequence of the ownership, sale, lease or use of the Equipment, including all sales, use and documentary stamp taxes. Any fee charged under this Agreement may include a profit and is subject to applicable taxes. In addition, you agree to pay us a UCC filing fee of $35.00.

10. Indemnity: You will indemnify and hold us harmless from any and all liability, damages, losses or injuries including reasonable attorney’s fees, arising out of the ownership, use, condition or possession of the Equipment, except to the extent directly caused by our gross negligence or willful misconduct. We reserve the right to control the defense and to select or approve defense counsel. This indemnity will survive the termination of this Agreement.

11. Risk of Loss; Insurance: You are responsible for risk of loss or for any destruction of or damage to the Equipment. No such loss or damage shall relieve you from the payment obligations under this Agreement. You agree to keep the Equipment fully insured against loss until this Agreement is paid in full and to have us and our assigns named as lender's loss payee. You also agree to maintain public liability insurance covering both personal injury and property damage and you shall name us and our assigns as additional insured. Upon request, you agree to provide us certificates or evidence of insurance acceptable to us. If you fail to comply with this requirement within 30 days after the start of this Agreement: (a) we have the right but no obligation to obtain insurance covering our interest (and only our interest) in the Equipment for the lease term, and renewals. Any insurance we obtain will not insure you against third party or liability claims and may be cancelled by us at any time. You will be required to pay us an additional amount each month for the insurance and administrative fee. The cost may be more than the cost of obtaining your own insurance and we may make a profit. You agree to cooperate with us, our insurer and our agent in the placement of coverage and with claims; or (b) we may charge you a monthly property damage surcharge of up to .0035 of the Equipment cost as a result of our credit risk and administrative and other costs, as would be further described on a letter from us to you. We may make a profit on this program. Once an acceptable certificate or evidence of insurance is submitted, any such fees will be discontinued. If any of the Equipment is lost, stolen or damaged you will at your option and cost, either (a) repair the item or replace the item with a comparable item reasonably acceptable to us, or (b) pay us the sum set forth in the Remedies section.

12. Right to Perform: If you fail to comply with any provision of this Agreement, we may, at our option, perform such obligations on your behalf. Upon invoice you will reimburse us for all costs incurred by us to perform such obligations.

13. Representations: (a) You represent and warrant to us that (1) you have the lawful power and authority to enter into this Agreement, and (2) the individuals signing this Agreement have been duly authorized to do so on your behalf, (3) you will provide us such financial information as we may reasonably request from time to time, (4) all financial information provided (or to be provided) is (or will be) accurate and complete in all material respects, (5) you will promptly notify us in writing if you move your principal place of business or there is a change in your name, state of formation, or ownership, and (6) you will take any action we reasonably request to protect our rights in the Equipment. (b) We represent and warrant to you that (1) we have the lawful power and authority to enter into this Agreement, and (2) the individuals signing this Agreement have been duly authorized to do so on our behalf.

14. Default: You will be in default under this Agreement if: (a) we do not receive any Payment due under this Agreement within five (5) days after its due date, (b) you fail to meet any of your obligations in the Agreement (other than payment obligations) and do not correct such default within 10 days after we send you written notice of such default, (c) you or your guarantor become insolvent, are liquidated or dissolved, merge, transfer a material portion of your ownership interest or assets, stop doing business, or assign rights or property for the benefit of creditors, (d) a petition is filed by or against you or your guarantor under any bankruptcy or insolvency law, (e) any representation made by you is false or misleading in any material respect, (f) you default on any other agreement with us or our assigns or any material agreement with any entity, or (g) there has been a material adverse change in your or any guarantor’s financial, business or operating condition.

15. Remedies: If you are in default, we may, at our option, do any or all of the following: (a) retain your security deposit, if any, (b) terminate this Agreement, (c) require that you pay, as compensation for loss of our bargain and not as a penalty, the sum of (1) all amounts due and payable by you or accrued under this Agreement, plus (2) the present value of all remaining Payments to become due under this Agreement (discounted at 2% or the lowest rate allowed by law), and (3)(i) the amount of any purchase option and, if none is specified, 20% of the original equipment cost, which represents our anticipated residual value in the Equipment or (ii) return the Equipment to a location designated by us and pay to us the excess, if any, of the amount payable under clause (3)(i) over the Fair Market Value of the returned Equipment as determined by us in our reasonable discretion, (d) recover interest on any unpaid balance at the rate of 12% per annum, and (e) exercise any other remedies available to us at law or in equity, including requiring you to immediately stop using any financed software. You agree to pay our reasonable attorney’s fees and actual court costs including any cost of appeal. If we have to take possession of the Equipment, you agree to pay the cost of repossession and we may sell or re-rent the Equipment at terms we determine, at one or more public or private sales, with or without notice to you. You may remain liable for any deficiency with any excess being retained by us.

16. Purchase Option: At the end of the Term provided you are not in default, and upon 30 days prior written notice from you, you will either (a) return all the Equipment, or (b) purchase all the Equipment as is, without any warranty to condition, value or title for the Fair Market Value of the Equipment as determined by us in our reasonable discretion plus applicable sales and other taxes.

17. Automatic Renewal: Except as set forth in Section 16, this Agreement will automatically renew on a month-to-month basis after the Term, and you shall pay us the same Payments and lease charges as applied during the Term (and be subject to the terms and conditions of this Agreement) until the Equipment is returned to us or you pay us the applicable purchase price (and taxes).

18. Return of Equipment: If (a) a default occurs, or (b) you do not purchase the Equipment at the end of the Term pursuant to a stated purchase option, you will immediately return the equipment to any location(s) we may designate in the continental United States. The Equipment must be returned in “Average Saleable Condition” and properly packed for shipment in accordance with our recommendations or specifications, freight prepaid and insured. “Average Saleable Condition” means that all of the Equipment is immediately available for use by a third party, other than you, without the need for any repair or refurbishment. All Equipment must be free of markings. You will pay us for any missing or defective parts or accessories.

19. Assignment: We may, without your consent, assign or transfer any Equipment or this Agreement, or any rights arising under this Agreement, and in such event our assignee or transferee will have the rights, power, privileges and remedies of Lessor hereunder, but none of the obligations. Upon such assignment you agree not to assert, as against our assignee, any defense, setoff, recoupment, claim or counterclaim that you may have against us. You will not assign, transfer or sublease this Agreement or any rights thereunder or any Equipment subject to this Agreement without our prior written consent.

20. Personal Property Tax (PPT): You agree at our discretion to (a) reimburse us annually for all personal property and similar taxes associated with the ownership, possession or use of the Equipment or (b) remit to us each billing period our estimate of the prorated equivalent of such taxes. You agree to pay us an administrative fee for the processing of such taxes. We may make a profit on such a fee.

21. Tax Indemnity: You agree to indemnify us for the loss of any income tax benefit caused by your acts or omissions inconsistent with our entitlement to certain tax benefits as owner of the Equipment.

22. Governing Law: BOTH PARTIES AGREE TO WAIVE ALL RIGHTS TO A JURY TRIAL. This Agreement and any supplement shall be deemed fully executed and performed in the state in which our (or, if we assign this Agreement, our assignee's) principal place of business is located and shall be governed by and construed in accordance with its laws. Any dispute concerning this Agreement will be adjudicated in a federal or state court in such state. You hereby consent to personal jurisdiction and venue in such courts and waive transfer of venue.

23. Transition Billing: In order to facilitate an orderly transition, the start date of this Agreement will be the date the Equipment is delivered to you or a date designated by us, as shown on the first invoice. If a later start date is designated, in addition to all Payments and other amounts due hereunder, you agree to pay us a transitional payment equal to 1/30th of the Payment, multiplied by the number of days between the date the Equipment is delivered to you and the designated start date. The first Payment is due 30 days after the start of this Agreement and each Payment thereafter shall be due on the same day of each month.

24. Miscellaneous: This Agreement contains the entire agreement between you and us and may not be modified except as provided therein or in writing signed by you and us, and supersedes any purchase orders. We will not accept payment in cash. If you so request, and we permit the early termination of this Agreement, you agree to pay a fee for such privilege. Notices must be in writing and will be deemed given five days after mailing to your or our mailing address. If a court finds any provision of this Agreement to be unenforceable, all other terms of that Agreement will remain in effect and enforceable. You agree that any delay or failure to enforce our rights under this Agreement does not prevent us from enforcing any rights at a later time. In no event will we charge or collect any amounts in excess of those allowed by applicable law. Time is of the essence. You hereby acknowledge and confirm that you have not received any tax, financial, accounting or legal advice from us, or the manufacturer of the Equipment. It is the Customer's sole and exclusive responsibility to ensure that all data from all disk drives or magnetic media are erased of any customer data and information. You hereby consent to receive electronic marketing communication on Toshiba products and services. TO HELP THE GOVERNMENT FIGHT THE FUNDING OF TERRORISM AND MONEY LAUNDERING ACTIVITIES, FEDERAL LAW REQUIRES ALL FINANCIAL INSTITUTIONS TO OBTAIN, VERIFY AND RECORD INFORMATION THAT IDENTIFIES EACH PERSON WHO OPENS AN ACCOUNT. WHAT THIS MEANS TO YOU: WHEN YOU OPEN AN ACCOUNT, WE WILL ASK FOR YOUR NAME, ADDRESS AND OTHER INFORMATION THAT WILL ALLOW US TO IDENTIFY YOU. WE MAY ALSO ASK TO SEE IDENTIFYING DOCUMENTS.

25. Maintenance and Supplies Agreement (“MSA”) with TBS:
a) TBS agrees to provide full service maintenance including toner, developer and parts necessary to produce an image. TBS will provide inspections as required, which may be made in conjunction with regular or emergency service calls. If, upon your request, service is provided at a time other than during TBS’s normal business hours, you will be charged at TBS’s customary rates. TBS will not be obligated to provide service for repairs made necessary as a result of service by personnel not authorized by TBS or the use of supplies other than those provided by TBS. Separate charges for repairs or parts replacement due to the foregoing shall be borne by you. b) Except as provided below, TBS will replace parts necessary to produce an image, consumables and supply items without charge. You agree to replace any parts, consumables and supply item as a result of carelessness on the part of the operator, accident, misuse (including failure to follow the manufacturer’s published operating manual) abuse, neglect, theft, riot, vandalism, lightning, electrical power failure, fire, water, or other casualty. c) If you are in default under the MSA, TBS has the right to deny performing any service and/or supplying any products. d) Under the MSA, TBS’s liability with respect to any property damage or injury (including death) to persons arising out of or connected with service performed under this Agreement is strictly limited to that imposed by law and there is no contract imposing any greater degree of liability.
e) Title to all supplies furnished hereunder including toner and toner bags remains with TBS until you consume said supplies to the extent they may not be further utilized in the image making process. We may charge you a supply freight fee to cover the cost of shipping supplies. You agree to use the supplies provided at “no charge” on the Equipment. You will not take designated supplies from Equipment to be used in any other Equipment not covered by this Agreement. You must purchase paper and staples separately.
f) Stated supply item yields represent 100% of manufacturer stated yields based on standard “letter size” copies with 6% image coverage. At the end of each annual billing period or billing cycle, you will be billed for any toner used in excess of that required based on yields stated above.
*Customer: THIS FORM IS PROVIDED FOR YOU TO APPROVE, COMPLETE AND SEND TO YOUR INSURANCE AGENT.

TFS - 0522

REQUEST FOR CERTIFICATE OF INSURANCE (PROPERTY COVERAGE)

AGREEMENT NUMBER

***CUSTOMER: PLEASE FILL IN YOUR INSURANCE INFORMATION AND SEND TO YOUR INSURANCE AGENT*** To: Customer’s Insurance Agent Description of Item(s) to be Insured:

Name of Agency:

Agent:

Address:

Phone:

Fax:

E-mail:

Insurable Value: .

The below-stated Customer intends to or has entered into a financing agreement (“Agreement”) with Toshiba Financial Services (“Creditor”) for the above-referenced item(s) (“Equipment”). Creditor requires proof in the form of Certificates of Insurance that Customer’s insurable interest in the Equipment meets Creditor’s requirements as follows:

1. Certificate of Property Coverage: Customer must carry PROPERTY insurance in an amount no less than the Insurable Value (with deductibles no more than $25,000). Creditor AND/OR ITS ASSIGNS shall be listed as LENDER’S LOSS PAYEE on such policy.

2. The Certificate Holder on the above-referenced policies shall be listed as follows:

3. Please e-mail a copy of the above-referenced Certificates of Insurance to _________________________________________, and _________________________________________, referencing Application #____________________ on the cover sheet, as soon as possible. If you have any questions, please contact us at: ___________________.

By signing below, Customer authorizes the above-named Insurance Agent to immediately endorse the insurance policies and subsequent renewals to reflect the required coverage, as outlined above. In addition to providing Creditor with a copy of the Certificates of Insurance, as stated above, Customer hereby requests Insurance Agent to send to Creditor any subsequent renewals of such insurance policies, by mail, at the address listed above.
,
Customer
X
Signature

Title Date
City of Malibu City of Malibu,
$227,624.00 Toshiba e-STUDIO7527ACT (4)
Billing Address: Ext.

Suite #:

City: State: Zip:

How much does Toshiba AMR cost me?
Nothing. Ever.

What information does AMR gather?
Is the transmission secure?
1 Automated Meter Read (e-Bridge CloudConnect)
2 Automated Meter Read (On Site Software)
TBS will provide free AMR software that will automatically pull meter information and input into TBS billing system.

Equipment MUST be connected to your network.
3 Meters Online (MOL)
An automatic meter request is sent to the End User directly from the TBS billing system.

End User collects the meter readings and goes to http://meters.toshiba.com and enters the meters online manually.

All meters submitted via online are electronically imported into the TBS billing with no manual entry or interaction by TBS.

Y

AUTOMATED METER READ PROGRAM OPTIONS
AM-2.0.0

SALES PACKET NUMBER DATE
Sales Representative:

CUSTOMER INFORMATION
Meter Contact: Meter Phone:

Phone #: Customer PO #:

Email Address for invoice notifications:

What is Toshiba's Automated Meter Read Program (AMR)? As part of your service contract with TBS, you are required to report usage data for all your printers, copiers, and multifunction devices. With manual reporting, you must go to each device, record the serial numbers and meter readings, and submit this information via email, fax or phone.

Toshiba's AMR program automatically gathers usage data for each device and sends it securely to TBS at scheduled intervals. The result is more accurate and timely reporting, fewer billing errors, and less busy work for you.

The automated meter reading system captures all required information for billing purposes; Machine model, Serial number, and usage information.

Yes. Data is completely secure.

METER COLLECTION CHOICES:

Please select if you will accept Electronic Invoices when possible:

Meter Email:

Toshiba Business Solutions IT Team will work with you to set up equipment meter collections in the priority listed below:

Your Toshiba system will be equipped with two-way communication capabilities. TBS will provide updates, system back ups, and meter collection automatically. Equipment MUST be connected to your network.

TBS may charge a fee to recover the cost of meter collections if meters are not submitted through the automated website. TBS reserves the right to convert Customer to a flat fee, based upon the greater of a specific unit’s historical average volume or the device type’s midpoint manufacturer recommended volume, if meters are not made available for the device(s) after 3 consecutive billing periods.

ELECTRONIC INVOICING CHOICE:

Toshiba is committed to the environment through its worldwide green initiatives. One of the primary goals of Toshiba's green initiatives is environmental management through corporate social responsibility. One of TBS's Eco-Innovation initiatives is to convert to electronic invoicing whenever possible. Converting to electronic invoicing will enable TBS to decrease its consumption of environmental resources tremendously.

Please select preferred Electronic Invoice Method (TBS Invoices Only):

CUSTOMER ACCEPTANCE:
1 of 1 AMR 0119
es No
Email Attachment Only: Invoice Portal Access:

PDF copy of invoice sent to email listed below Link to web portal allowing invoicing viewing and E-Pay option. Email will be sent with link when new invoices generate.

Print Name: Signature: Title: Date:

Customer Name: Customer Contact:

Mario Reyna (310) 456-2489 Jeff Wagner Malibu CA 90265 23825 Stuart Ranch Rd Malibu CA 90265-4861 (310) 456-2489 [email protected] City of Malibu Mario Reyna [email protected] 1 of 2
Billing Address: Ext.

Address 2:

State: Zip:
• Base Device Configuration - Setup of Network Protocols on Device Device • Print Driver Installation Workstation
• PC Fax Driver Installation Workstation
• Print Driver and PC Fax Driver on same Workstation Workstation • Scan to Copier Controller Scanning Template
• Scan to Network Folder Scanning Template
• Scan to Email - Initial Setup of communication to local SMTP server Initial Setup - Additional Setup per Scanning Template Scanning Template - Off-site SMTP Server Hour Until Completion
- Additional Setup per Scanning Template Scanning Template • Incoming Fax Routing to Copier Controller Fax Destination • Incoming Fax Routing to Network Folder Location Fax Destination • Incoming Fax Routing to Email - Initial Setup of SMTP Server Initial Setup - Additional Setup per Destination Destination
- Off-site SMTP Server Hour Until Completion
- Additional Setup per Destination Destination
• User Code Enforcement 10 User Codes
• Copier Configuration Backup and Restore Backup/Restore Event Title:

Title: Date:

Title: Date:

CONNECTIVITY OPTIONS AGREEMENT
CA-1.0.0

SALES PACKET NUMBER EFFECTIVE DATE
Sales Representative:

CUSTOMER INFORMATION
Customer Name: Customer Contact:

City: eMail:

CONNECTIVITY OPTIONS (Check All That Apply)
Phone #: Customer PO #:

IT Contact: IT Phone #:

OPTION A:

Includes basic device configuration, print driver installation on up to three workstations and administrator training. Additional Professional Services will be billed at published TBS Professional Services rates. Includes Remote Orientation of an Administrator to controller on their network, installation of 3 workstations for printing, scanning, and PC faxing. Connection Project not to exceed 2 hours. Any additional time required beyond 2 hours will be billed at current Professional Services Rates. If less than 2 hours is required, no time is banked for future use. Includes installation of Re-Rite on client server, configuration of 6 advanced scanning workflows; Word, Excel, Text Searchable PDF, PDF Form, Slim PDF, Secure PDF. Workflows include one Advanced Scanning Template Group, 6 Templates, and 4 Re-Rite workflows, all delivered to a common output folder. One hour of MFP Training - No more than 5 users per session - Training covers basic copier functions, printing, and scanning.

OPTION B: Custom Network Integration - Variable / Additional Charges Qty Charge Unit Description Network Administrator Integration and Training
Total Connectivity Fee:

Note: Any Additional Connectivity Services performed not specified above will be billed at a rate of: $200.00 per hour.

Communication to a Local SMTP Server

DECLINATION
Customer certifies that they have read the statement of work and that they have decided to decline all assistance from TBS regarding the installation of their copier/printer. TBS is under no obligation and has no liability concerning any aspect of the installation process.

Print Name: Signature: X
Connectivity support may be completed remotely or on-site at the discretion of TBS. Support covers initial installation only.

CUSTOMER ACCEPTANCE
You hereby acknowledge and agree that your electronic signature above shall constitute an enforceable and original signature for all purposes.

By signing this agreement, the customer acknowledges that he/she has read and understood the statement of work and terms and conditions of this agreement.

Print Name:

TBS ACCEPTANCE
Print Name: Signature: X
CONNECTIVITY FORM 0518
Signature: Date: X
Mario Reyna [email protected] 23825 Stuart Ranch Rd Malibu CA 90265-4861 Jeff Wagner Mario Reyna (310) 456-2489 FREE ($400 VALUE) (Remote) Malibu CA 90265 City of Malibu (310) 456-2489 2 of 2

TERMS AND CONDITIONS
The following Terms and Conditions are an amendment to the TBS Maintenance contract. In the event that the Customer has declined a Maintenance contract, the following Terms and Conditions do not apply to this agreement.

Toshiba products and software are warranted to be compatible with hardware and operating systems listed on product specification sheet at time of installation. TBS does not guarantee compatibility with future operating systems or hardware.

Inclusions – Hardware: Service calls, replacement parts for connected devices that allow the equipment to interface with PC’s and networks, e.g. printer interface cards, NIC cards, print controllers, print/scan enablers or any other items that enhance the functionality of these products.

Diagnosis of device failures will be limited to confirmation of print capabilities with a laptop computer connected via a crossover cable using a standard print driver test page.

Inclusions – Software: Service calls required as a result of the failure of Toshiba software. Upgrades to Toshiba software are included.

Service Availability: Service calls performed during normal business hours, Monday through Friday, 8:00am to 5:00pm, excluding company holidays.

Exclusions:

1. Electrical work external to the equipment.

2. Charges to install or improve telephone lines.

3. Charges to improve electrical service and/or network lines.

4. Network wiring to improve or connect the hardware to a computer or network.

5. Service necessitated as a result of malfunction of equipment when unauthorized parts, attachments, or conflicting software is used with the equipment.

6. Service necessitated as a result of alterations, malfunctioning computer or network hardware and/or operating systems.

In such event, TBS reserves the right to terminate the maintenance contract if it is determined that such changes, alterations or malfunctions make it impractical to continue to service the equipment.

7. Reinstallation of drivers and/or installation of connected devices due to changes in computer and/or network operating systems, system configuration, addition/upgrades to application software or malfunction of devices.

8. Reinstallation/service required due to the relocation of equipment.

Excluded services will be invoiced to the Customer at TBS’s normal hourly labor rate then in effect for Digital Systems Integration Services.

STATEMENT OF WORK
This Statement of Work for Connectivity & Security Options outlines the services and deliverables for the planned implementation. This Statement of Work is intended to detail the obligations of Toshiba Business Solutions (TBS) and the Customer.

CONNECTIVITY OPTIONS - WORK TO BE PERFORMED
Option B: Covers the selected work only. Additional Professional Services fees apply for any additional work at the current TBS Professional Services rates.

Base Device Configuration Includes:

1. Verify proper network settings, i.e., print queue configuration, TCP/IP address, etc.

2. Connect base unit to customer’s network via customer supplied/installed cabling.

3. Perform color calibration on base unit and RIP device.

Print Driver Installation Includes:

1. Install print drivers onto designated workstations (up to three – Option A or as specified in Option B.)

2. Confirm print capabilities via standard print driver test page.

Administrator Training Includes:

1. Training on base unit, print driver and RIP software.

2. Orientation of the administrator to the print controller on the network.

While Toshiba print drivers are compatible with most common office applications, TBS does not provide training on specific printing applications.

STATEMENT OF WORK ASSUMPTIONS
The following are the assumptions on which this Statement of Work is based. If any of these assumptions either change or are incorrect, changes to the Statement of Work may be required, which may result in changes to the Connectivity Services fee. Please review this section to make sure these assumptions are correct.

1. Client is responsible for ensuring that all applications and data are successfully backed up prior to TBS beginning work. TBS is not responsible for any lost information.

2. Building environmental conditions are within equipment specifications for airflow, temperature, humidity, and electrical quality.

3. Cabling and WAN Data Communication Lines are properly installed and tested. TBS is not responsible for any improper cabling or issues involving telecommunications lines. All troubleshooting and corrective action will be billed outside of this SOW on a time and materials basis.

4. TBS is not responsible for any conflicts with existing hardware that is no longer supported by the manufacturer.

5. TBS is only responsible for integration tasks outlined in this Statement of Work. Any work outside of this SOW will be handled through a Change Order Request Process, which may require additional billable time and materials. Customer will be informed before any out of scope work is performed.

6. Customer will provide systems personnel for the project familiar with all aspects of Customer’s enterprise configuration – security, remote access, domain structure, WAN/LAN connectivity, applications used for this particular project – to work in conjunction with TBS on this implementation. Additionally, a desktop technician may be required to perform client-side duties.

7. All software being utilized is registered and authentic.

8. Equipment is connected to a dedicated power source per product specifications furnished by TBS.

9. All network addresses, print queue names and printer names, etc. are available upon request.

CONNECTIVITY FORM 0518
Prepared For:

City of Malibu
RFP for Leasing Four (4) Network Digital Multifunction Devices July 21, 2023
Corporate Office:

Toshiba America Business Solutions, Inc.
25530 Commercentre Drive
Lake Forest, CA 92630
Marketplace Office:

Toshiba Business Solutions
1889 N. Rice Ave., Suite 101
Oxnard, CA 93030
July 19, 2023
Mario Reyna
IT Manager
City of Malibu
23825 Stuart Ranch Road
Malibu, CA 90265
Re: Response to RFP for Leasing Four (4) Network Digital Multifunction Devices Dear Mario,
Toshiba Business Solutions, a division of Toshiba America Business Solutions, Inc., (TBS/Toshiba) is pleased to respond to City of Malibu, RFP for Leasing Four (4) Network Digital Multifunction Devices, and we thank you for extending us this opportunity. This response incorporates a creative and competitive solution that will meet the hardware and service specifications outlined in your Scope of Work.

Toshiba is a recognized leader in the areas of award-winning products and services, Managed Print Services, security, environmental and document assessment, asset management and fleet optimization.

We strive to develop a strong business relationship by providing our technologically advanced products, innovative solutions, strong service network and in-depth fleet management to respond to the City’s current and future print requirements. This, along with local account management and competitive pricing make Toshiba your partner of choice. We look forward to becoming a valued business partner to the City of Malibu. With a tenured staff of experts in the local marketplace, Toshiba is ready to provide responsive and comprehensive service to meet and exceed your RFP requirements.

On behalf of the entire Toshiba team, thank you for the opportunity to participate in your RFP process.

Please feel free to contact Jeff Wagner, Toshiba Senior Account Executive at [email protected] or (805) 874-2829 with any questions you may have.

Sincerely,
Brian McKone
Vice President and General Manager – CA
City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 iii Table of Contents

1. ORGANIZATION, CREDENTIALS, AND EXPERIENCE ............................................................... 1 ACCOUNT MANAGEMENT .................................................................................................................... 4 REFERENCES ............................................................................................................................................. 8

2. UNDERSTANDING OF THE SCOPE OF WORK ............................................................................ 9

3. PROFESSIONAL SERVICES AGREEMENT ..................................................................................... 9

4. EQUIPMENT SPECIFICATIONS .................................................................................................... 10

5. COMPLIANCE .................................................................................................................................... 13

6. LITIGATION ....................................................................................................................................... 13

7. FEES ..................................................................................................................................................... 13

8. TIMELINE ........................................................................................................................................... 13

City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 1

1. Organization, Credentials, and Experience
a. Summarize the company's qualifications, credentials, and related experience.

Toshiba is the leader in the digital imaging and business products industry. Our extensive client portfolio includes local, national and global clients from all industries such as distribution, logistics, retail, government, education, energy, healthcare, manufacturing, financial services and legal.

Headquartered in Lake Forest, CA, Toshiba America Business Solutions, Inc. delivers imaging and retail solutions and services that help our clients’ control productivity,
communicate better with end-customers and increase
profitability. We manage product planning, marketing, sales, service support and distribution throughout the United
States, Mexico, Brazil, Latin America and the Caribbean. We provide responsive sales and service support locally in your neighborhood, nationwide and internationally through other Toshiba companies around the globe.

Founded in 1875, Toshiba Corporation is a world leader in high technology products providing clients with the highest quality products and systems as well as long-term service and support for projects of any size.

Toshiba sells, services and supports Toshiba and non-Toshiba branded technology. Our core competencies include:
 End-to-End Communication and Document
Solutions
 Multifunction Printers (MFPs)
 Managed Print as a Services (MPaaS)
 Cloud Print and Workflow Solutions
 Imaging/Workflow Automation and Capture
 Document Security
 Visual Communication and Digital Signage Solutions
 Thermal Barcode Printers
 Point-of-Sale (POS) Systems
 Retail Kiosks
 Content Management and Creation Services
Toshiba has provided many large corporations with managed print expertise, best practice information, specifications, volume capabilities, and technical expertise, including system integration and workflow improvements. These customers include M&T Bank, Gallup Organization, Thermo FisherPatheon Div., Valero Energy, BlueCross/BlueShield, Target, AEG, Pittsburgh Steelers, Safelite Auto Glass, LA Kings and many others.

Toshiba Facts at a Glance
Newsweek recognized our Encompass
Managed Print Services (MPS) offering on
its Best Business Tools for 2019
Ranked 371 in Fortune’s Global 500
3 rd Largest Thermal Printer Manufacturer
8 th Largest Patent Holder in the world
470 Toshiba subsidiaries and affiliates
globally
70 years since TTEC was founded; TABS
was incorporated in 1999
TTEC $4.3 billion annual revenue
Nearly TTEC 20,000 employees worldwide
TABS serves 40,000+ clients in the United
States and reaches over 165,000 clients in
the U.S through our authorized service
providers
Wall Street Journal’s Global Top 100
Sustainably Managed Companies
2020 Green Supply Chain Award from
Supply and Demand Chain Executive
2021 Cannata Report “Best-In-Class”
Manufacturer – 20th time receiving this
award
City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 2 Toshiba has provided many of our clients with managed print expertise, best practice information, specifications, volume capabilities, and technical expertise, including system integration and workflow improvements. Toshiba has over 60,000 customers globally.

Toshiba has long-standing partnerships with numerous County and City agencies in California including the City and County of Los Angeles, County of Orange, County of Riverside, Alameda County, Sacramento County, Placer County, Sonoma County, Contra Costa County, City of Moorpark, City of San Buenaventura, City of Oxnard, City of Port Hueneme, City of Carson, City of Brentwood, City of Hesperia, City of Newport Beach, and other government agencies, municipalities, and school districts in Southern California and throughout the U.S.

Differentiators
Solving business communication challenges using our unique approach and methodology is a key differentiator of Toshiba, and what distinguishes us as a market leader. Our focus on being a valued partner to our clients, offering a breadth of business communications solutions with a single point of accountability, being a vendor agnostic partner and offering clients our strategic alliances, providing proven cost savings and solutions to allow our clients to do more and print less sets Toshiba apart as a world-class technology provider.
 Valued Client Relationships – Toshiba considers our client relationships and partnerships our most valued asset within our service offerings. We strive to consistently exceed customer expectations and closely collaborate with them to resolve any issues - service, technical or otherwise - timely and to a mutually beneficial resolution. We approach each account with the goal of delivering exactly what the customer requires and expects. We do this by first gaining a clear understanding of our customers’ challenges and then developing meaningful solutions that address their unique requirements. We offer a strategic partnership like no other by combining our consultative approach with leading technologies.  Client Service –Toshiba offers stellar account management services. Our business processes are based on speed and quality of resolution for the client. Transparent online reporting and detailed information sharing enables us to provide the client a better and efficient experience City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 3 with Toshiba. Beyond asset management, Toshiba provides benchmarking savings analysis to ensure the client is achieving the objectives we described and agreed upon in our contract while providing a framework for continuous improvement. Our goal is to maintain client relationships while helping ensure consistent and incremental customer revenue.  Focused on Business Communications Solutions – Unique to Toshiba is our ability to address client needs relating to output management (Managed Print Services and print reduction strategies) and capture and workflow (helping companies tackle challenges associated with moving from paper-based communications to electronic ones). A key differentiator is our ability to adapt to clients’ operating requirements and provide a sound improvement strategy that considers budgetary, cultural, best practices, technology and security requirements. We work together enabling clients to print smarter, improve their process workflow and inspire communications.

City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 4 b. Describe the company's size, and indicate the principal, company official(s), and other personnel assigned to work on behalf of the City. Provide resumes, biographies, and information on the key personnel assigned to this work.

Account Management
Partnering with Toshiba provides the dual benefit of a local company with global resources and expertise. With a national sales force and a vast network of service providers covering every zip code in the United States, Toshiba has the personnel and resources to fully support the document imaging requirements of the City of Malibu. You will receive local attentive support backed by national resources; delivering client-specific solutions with proven, effective and efficient results. Management of the program will be centralized through a single point-of-accountability to ensure we deliver the highest level of service consistently for all locations.

Account sales will be driven both locally and nationally, with strong executive leadership and guidance.

Sales efforts will be supported by a complete corporate support organization, equipped to manage all account aspects – including initial contract activities, implementation, billing and service. To market and manage the City’s account – from initial sales to implementation and ongoing account management, Toshiba offers a stellar team engaged, all of whom are dedicated to our product line and solutions:

We will provide the following resources throughout the engagement:
 Executive Sponsorship will be facilitated by Brian McKone, Vice President and General Manager - CA, who will deploy Toshiba resources at the corporate level and be your account champion within Toshiba’s corporate environment. Brian will be fully engaged driving Toshiba’s local and national sales efforts to meet your program's objectives. In addition, Brian will interface with key City decision makers to validate that Toshiba’s performance exceeds program expectations.
 Account Management Team led by Jeff Wagner, Sr. Account Executive and supported by a local team comprised of experienced managers and support staff. Jeff is responsible for managing key account relationships in California and is well versed in Toshiba's complete portfolio of products and solutions.
 Local resources in the form of our nationwide network of elite service providers and dedicated corporate members who will consistently support your sales, service, billing, and operational requirements. The entire team will work alongside Jeff and his staff to assist in the installation, ordering, billing, customer support, and any other required processes.  Implementation Team to ensure a seamless transition and deployment of products.  Corporate Support: Corporate resources, consisting of service, dispatch, operations, contract management, product marketing, IT, billing, human resources, professional services and other departments, will be engaged as needed to support the account.

Our go-to-market approach focuses on creating, capturing, storing, protecting and delivering information through print and visual communications products and services. We dedicate resources to specific vertical markets as well as wholesale and retail clients, to build holistic integrated industryspecific solutions.

Our seasoned professionals work closely with clients to solicit feedback through day-to-day interactions and quarterly business reviews. This real-time knowledge is immediately applied to every client’s unique City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 5 engagement as well as captured and replicated for vertical workflow solutions that can be applied to other client environments.

The following individuals will be major contributors for this project. They will collaborate with the appropriate City personnel in implementing the Toshiba solution.

Jeff Wagner ................................................................................................... Sr. Account Executive Phone: (805) 874-2829 (City Account Executive, Primary Contact) E-Mail: [email protected]
Roles and Responsibilities: Jeff Wagner, Sr. Account Executive will be the single point of contact for the City. Jeff is an accomplished sales executive with extensive experience managing major and key account clients in Ventura, Orange and Los Angeles Counties.

Professional Experience: Jeff has been with Toshiba since 2019 and has over 15 years of industry experience managing client accounts locally, nationally, and internationally. He is a lifelong Ventura County resident and a graduate of University of California Santa Barbara.

Brian McKone ........................................................................... Vice President and General Manager - CA Phone: (949) 339-9290
E-Mail: [email protected]
Roles and Responsibilities: Brian will provide executive leadership and support for all of the City’s objectives throughout the contract term. As VP/GM, Brian has access to and authority to draw upon our corporate resources in product marketing, operations, accounting, contracting, IT, and service, as well as our technical field staff, as needed to support the City’s account and resolve escalated issues. Brian is accountable for P&L direction of TBS California and Nevada, including Sales, Service, Solutions and Operations. He has direct reports who are responsible for Sales, Services and Administrative Customer Support at the Senior and daily interface level.

Professional Experience: Brian is a 20-year veteran of the Office Equipment and Document Management industry, holding positions of increasing responsibility at IKON Office Solutions and Ricoh USA. He joined Toshiba in 2020. He holds a BBA from James Madison University.

Carson Lilly ....................................................................... Director of Professional Services – West Region Phone: (502) 595-8880
E-Mail: [email protected]
Roles and Responsibilities: Carson oversees the regional approach to software as it pertains to business partners’ needs. His primary focus is to gain an understanding of current or potential business partners’ business workflow requirements and current processes; document those requirements and create a compelling software solution that meets the client's requirements and achieves their desired business goals. He demonstrates software configurations, develops requirement documents and finally a statement of work with an implementation plan for the project.

City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 6 Professional Experience: Carson has 10 Years of experience in the industry and five years in his role at Toshiba. Across the entire west region, he and his team have successfully implemented over 1,250 software projects, during his tenure with Toshiba.

Jason Parker.................................................................................................. Sr. Solutions Sales Consultant Phone: (740) 272-6878
E-Mail: [email protected]
Roles and Responsibilities: Jason is part of Toshiba’s professional services group, supporting the Account Executive team with Managed Print and Software as a Service in Southern California. Over the last five years his focus has been on major and enterprise accounts, and he serves these clients by connecting their assessed business needs with technological solutions in alignment with their strategic objectives.

Professional Experience: He has been in the Information Technology industry for over 12 years, and his experience has encompassed business development, solutions consultant, and leadership positions.

Larry Smith.......................................................................................... Director of Service, Western Region Phone: (303) 262-5814
E-Mail: [email protected]
Roles and Responsibilities: Working out of our Denver office, Larry will manage local and regional field activities and service personnel assigned to the City to ensure customer service requests are handled efficiently. He will monitor call response times and ensure preventive maintenance schedules are followed according to manufacturer specifications. He manages field supervisors and notifies the Toshiba Advanced Technical Support Group and Executive Service Management Team of chronic issues with key accounts. Larry also participates in the Account Management Team’s periodic reviews of our performance.

Professional Experience:

Larry has over 30 years of service management/operations experience in the document imaging industry. He worked in an independent dealership that had extensive involvement with education and government business models. Larry joined Toshiba in April 2004 and was transferred to Toshiba Business Solutions Colorado in August 2008, bringing his customer focused experience and expertise to the service department. Toshiba Business Solutions Colorado is the recipient of the prestigious ProMasters Award, given to Toshiba dealerships that provide outstanding technical and customer service to their Customers.

City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 7 Quarterly Business Reviews
To monitor our performance and ensure quality service is delivered to the City, Account Manager Jeff Wagner will attend Quarterly Business Reviews (QBRs) with key company stakeholders. This will be a forum to discuss the performance of your dedicated Account Team, your overall satisfaction with our services and areas where we may improve. Jeff will also provide quarterly analysis to optimize the City of Malibu’s managed print environment as it evolves. The feedback and performance results solicited through these business reviews will be communicated to every Toshiba employee
serving the account.

The following report samples illustrate the types of
information we generally capture and track for our
enterprise clients. We prepare these reports and
present them to our clients before our client review
meetings, allowing for more in-depth discussion
and understanding during our meetings. We will
address any issues proactively, ensuring your fleet
is not just up and running, but capable of delivering
the business results you require.

Among the tools we utilize is Tableau, a powerful
business intelligence software for data
visualizations and during business reviews with our
customers. Account data is combined to create
dynamic reporting on service trends, volume
trends, device utilization, optimization recommendations, billing history, fleet overviews (by dates, locations and departments) and other performance metrics. Customized Tableau dashboards allow for interactive client engagement during the reviews. Relevant data can be sorted and viewed by an almost infinite number of variables, capable of providing high overview reports while still drilling down to the asset level. These reports can be shared with the City on demand or during our business reviews.

City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 8 c. Provide a list of three of the Consultant's clients with contact information, including the names, titles, addresses, phone numbers, and email addresses of the appropriate persons at the client company that the City can contact regarding current or recent work assignments.

References
We are pleased to provide three local references for your review:

City of Oxnard: 60+ Toshiba Devices
Address 300 W. Third Street, Oxnard, CA 93030
Contact Name Ken Austin – Infrastructure and Operation Manager Phone Number 805-200-5347
Email [email protected]
City of San Buenaventura: 50+ Toshiba Devices
Address 501 Poli Street, Ventura, CA 93001
Contact Name Eric Stevens – IT Customer Support Supervisor Phone Number 805-654-7727
Email [email protected]
City of Moorpark: Six Toshiba Devices
Address 799 Moorpark Avenue, Moorpark, CA 93021
Contact Name Christopher Thompson
Phone Number 805-517-6248
Email [email protected]

City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 9

2. Understanding of the Scope of Work
a. Provide a narrative of the company's understanding of the Scope of Work and a detailed proposal to meet the City's goals and priorities.

Toshiba is providing four devices to replace your current Xerox MFPs. Our services include:
 Competitive pricing for Toshiba’s award-winning ENERGY STAR multifunctional devices (MFPs) and services that meet the technical specifications outlined in the RFP  Transition to Toshiba equipment, delivery, installation, connectivity and training  Extended maintenance that covers on-site service, labor, travel, replacement parts, toner and consumable supplies (excluding staples and paper)
 Factory trained, certified technicians
 Daily onsite service M-F, 8 a.m.-5 p.m. local time
 1-hour call back response for over-the-phone 1st-level triage  98 percent fleet average uptime, quarterly
 4-hour average onsite response time
 Toll-free number and online service requests
 Toshiba’s Total Quality Commitment for Toshiba MFPs
 Automated meter collection of networked multifunctional printers/copiers to reduce administrative burden of manually collecting data
 Quarterly Business Reviews

3. Professional Services Agreement
a. The selected provider must use and comply with the terms and conditions of the City's standard Professional Services Agreement as provided in Attachment 1 of this RFP.

Toshiba is providing four devices, which would be subject to lease terms and conditions. As the referenced agreement is for Professional Services, Toshiba would work with you to determine what would apply. We have attached a copy of our lease agreement for your review.

We recognize your right to negotiate and approve the terms and conditions of any contract following award and respectfully reserve the right to do the same. We acknowledge that all contract terms and conditions must be mutually agreed upon by both of us. Upon award, we will be pleased to work with you to promptly finalize mutually acceptable contract terms and, if applicable, provide copies of appropriate contract forms for that purpose.

City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 10

4. Equipment Specifications
a. The City needs to lease high-volume multifunction enterprise level printers. This platform can offer a range of models and integrated solutions with proven technology to help address the City’s document management challenges and integrated workflows. The City requires printers that can help simplify the end-user experience and management of technology can control sensitive information.

Toshiba complies. All proposed devices meet or exceed the City’s equipment specifications.

Proposed Hardware
Model QTY Features
e-STUDIO7527ACT 4
 75 PPM Color / 85 PPM Mono
 Dual 550 sheet adjustable paper trays plus tandem 2,000 sheet letter base and 2,500 sheet external large capacity feeder  65 sheet multi-position staple finisher with hole punch  Dual Scan Document Feeder holds 300 sheets and scans at 240 duplex images per minute.
 128GB Solid State Drive
Please follow this link for product information: https://business.toshiba.com/product/estudio7527act?model=e-STUDIO7527ACT Product brochure attached.

Hardware
Toshiba full-featured color and monochrome MFPs are
designed to help customers operate more efficiently
while improving workflow. A more powerful multi-core
processor, exceptional color quality, customizable
tablet-style user interface (UI), Embedded Application
Platform and Dual-Scan Document Feeder highlight the
product portfolio.

Toshiba’s advanced e-STUDIO models feature a more
durable and reliable engine to maximize uptime while
reducing the total cost of ownership. A new sophisticated black matte look completes the new products streamline design while complementing even the most contemporary of business settings.

All MFPs are extremely user friendly, easy and convenient to operate and can be used safely and securely. For ease of use and to maintain the same positive user experience, each model performs print, copy, scan and facsimile the same way across the entire product family. The front panel interface is standardized across all MFPs, allowing users once they learn one device to easily use other Toshiba models. This is Toshiba’s philosophy of “Learn Once, Operate Many”, making products that are easy to City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 11 learn and use, regardless of the model number. Users only have to learn once and they are able to use any standard model Toshiba system.

Prior to implementation, Toshiba can assess your fleet to ensure they are equipped with the product mix and quantities that best fit your needs and are the most economical. If given the opportunity, Toshiba can design a current and future state solution for the print environment using our proven Encompass™ assessment/optimization service, which combines both electronic and physical assessment (on-site walkthroughs and floor plans) by trained and experienced analysts. This allows us to make an accurate and thorough recommendation as to the mix and quantities of devices based on actual usage, business process and needs while maximizing the return on investment.

Total Quality Commitment
Toshiba works diligently to ensure that our devices are functioning per our standards; and our commitment to quality and reliability is renowned. In fact, Toshiba benchmarks its products and services against those offered by other office product manufacturers to ensure we remain competitive from both a technology and pricing standpoint. Toshiba's sales and marketing staff keep abreast of current and future customer and market requirements, as well as quality issues, and communicate them to our parent company for inclusion in their product development. Toshiba's newest e-STUDIO line of MFPs has already been recognized for their outstanding reliability, durability and value. For example, our eSTUDIO5005AC color MFP was rated "Highly Recommended" by Buyer's Laboratory (BLI), calling attention to its outstanding reliability and fast job stream speeds among other details. They also noted fast scan speeds with the new 300-sheet Duplex Single Pass Feeder.

We are so confident in the performance of our products that we offer an industry-leading guarantee that ensures the utmost in advanced technology, dependability, service and support. The Toshiba Quality Commitment is our guarantee that Toshiba stands squarely behind our promise with the assurance of complete satisfaction. Toshiba's Total Quality Commitment (TQC) Program is our guarantee that our products will perform to specifications during the term of the lease or be replaced.

How it works:
 FREE REPLACEMENT: If the Toshiba copier/MFP or its accessories do not operate within Toshiba’s product specifications during the term of this program, and if the product cannot be repaired to perform within product specification, Toshiba replaces the MFP or accessory at no charge with a model of equal or better features and specifications.  FREE LOANER: If the copier/MFP is out of service for more than two (2) consecutive days (48 hours) after notifying us or requires off-site service, a loaner MFP will be provided by Toshiba at no additional charge.

Toshiba firmly stands behind our promise with the assurance of complete satisfaction. Everything we do contributes to that goal—from setting the industry standard for research and development, to providing instant access to Toshiba support personnel.

City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 12 Hard Disk Drive Security
Toshiba recognizes that security is a growing concern for companies of all sizes; therefore, we employ innovative methods to protect valuable data.

Each Toshiba MFP comes standard with Self-Encrypting Drive (SED) Technology using Toshiba's proprietary Wipe Technology which allows sensitive user data to be securely erased when a system is powered down or when a SED Hard Disk Drive (HDD) is removed. The SED encrypts all data on the HDD using an Advanced Encryption Standard (AES) 256-bit algorithm.

Therefore, even if the HDD is stolen and installed in another product and an attempt is made to read data from the HDD, data invalidation works to prevent information leaks. When an MFP is at the end of its lease or removed from company premises, data can be instantly invalidated by the service technician.

Toshiba's Data Overwrite Kit, also standard on Toshiba
products, overwrites the HDD from one to five times at
the end of each copy, print, scan, or facsimile job or at regular time intervals to prevent storage of private or confidential data. This overwrite process meets the
standards established by the U.S. Department of
Defense 5220.22M. These outstanding security features
have earned Toshiba’s latest e-STUDIO line an
exceptional Common Criteria Evaluation Assurance
Level rating of three (EAL3).

Toshiba Toner Manufactured in the U.S
A major differentiator of Toshiba is that Toshiba toner and supplies are manufactured in Mitchell, South Dakota and our production schedule and supply chain have had minimal
disruptions. Operating for 35 years as a manufacturer and employer in Mitchell, S.D., our facility is the primary global supplier of color toner for the company’s industry-recognized e-STUDIO™ copiers. Producing more than 1,200 metric tons of toner annually, the Toshiba team focuses on premium
levels of quality, environmental sustainability, and occupational health and safety standards within its 25-acre Mitchell facility. This differentiator allows us to source toner here in the US and not from overseas, vastly reducing delivery time and increasing availability.

City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 13

5. Compliance
a. Provide a written statement that the Consultant shall comply with the California Labor Code according to said regulations entitled: Federal Labor Standards provisions; Federal Prevailing Wage Decision; State of California Prevailing Wage Rates, and the City of Malibu's Minimum Wage Ordinance, respectively.

Toshiba complies with the California Labor Code per Federal Labor Standards provisions; Federal Prevailing Wage Decision; State of California Prevailing Wage Rates, and the City of Malibu's Minimum Wage Ordinance regulations.

6. Litigation
a. Firms must list past, current, or pending litigation from professional services rendered over the past five years. If a court or an arbitrator rendered a decision, state the results.

Toshiba has pending litigation that is not relevant to this RFP, and will not impact our ability to perform our obligations under any future agreements.

7. Fees
a. Provide a cost proposal for the completion of the scope of work, including the total cost for monthly printer charges for a three-year lease period.

Proposal quote attached. Pricing for combined four units total as follows:
- 36 months $1,184.56
- 39 months $1,105.44
- 48 months $960.76
- Printing billed with no minimums quarterly or monthly o BW printing billed at $0.0045
o Color printing billed at $0.045

8. Timeline
Provide a timeline for completing the scope of work, including a schedule of critical milestones.

Toshiba will be responsible for delivery and installation of all equipment, accessories, and software; network connection; testing; removal of all packaging material; and initial training. Toshiba’s Implementation Project Manager will be the central point of contact for ensuring proper installation of all equipment in a timely manner and in accordance with contract requirements. Toshiba will also assign City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 14 sufficient personnel and resources to accomplish such tasks as receiving orders, staging equipment, servicing the installing equipment, and training City staff.

Toshiba products will be shipped directly to our local office, where they will verify that equipment is free of damage and all parts are in place. Any rejected shipments due to damage, shortages, or other discrepancy are handled by Toshiba. Once accepted, the product is assembled, tested, and configured in accordance customer specifications and any associated set-up criteria prior to delivery to all City locations. All applicable functions including print, network scan, scan to mail, and analog fax transmission are tested and verified as 100% functional at the time of on-site customer installation. This allows us to deliver a complete, functional system that requires little or no City IT intervention.

We employ a unique approach to installation which involves “Pre-Flighting” the machines before they are delivered to the customer. This enables us to do a “plug-and-play” installation to minimize the burden on your IT staff upon installation, allowing us to easily hit your targeted timeframe.

As part of our diligence in making sure that assets are placed in accordance with the contract, Toshiba will provide step-by-step tagging instructions and a customized label with the asset’s model and serial number inserted and placed in a conspicuous place on the equipment.

Once the product has been installed and tested, a City of Malibu representative will sign a Customer Acknowledgement (CA) Form verifying receipt of equipment in proper working order; the City will retain a copy of the form for its records.

The technician will remove packaging materials, old components, crating, and debris from the premises in accordance with best practices and local environmental regulations and recycling policies.

A sample timeline is presented below with estimated dates based on the timeline. A customized project timeline that mirrors the actual product mix and installation dates for each location will be developed during the planning phase of implementation.

Task Name Start Date End Date
Award Notification 07/01/2023 07/01/2023
Pre-Installation Planning 07/05/2023 07/06/2023
 On-site Meeting 07/05/2023 07/06/2023
 Develop deployment strategy 07/05/2023 07/06/2023
 Determine Department Contacts 07/05/2023 07/06/2023
 Discuss Print Policy 07/05/2023 07/06/2023
 Formalize Billing Requirements 07/05/2023 07/06/2023
Program Implementation Planning 07/10/2023 07/14/2023
On-site assessment and network mapping 07/10/2023 07/14/2023  Collect current IP addresses 07/10/2023 07/14/2023
 Develop Roll Out Schedule 07/10/2023 07/14/2023
 Develop Training Schedule 07/10/2023 07/14/2023
Installation of Fleet Management Tools 07/10/2023 07/14/2023  Installation and Planning 07/10/2023 07/14/2023
 Onsite Execution 07/10/2023 07/14/2023
 Maintenance and Support 07/10/2023 07/14/2023
City of Malibu RFP for Leasing Four (4) Network Digital Multifunction Devices | July 21, 2023 15 Task Name Start Date End Date
 Measure and Control 07/10/2023 07/14/2023
Pre-Flight Set Up 07/17/2023 07/21/2023
 MFDs Built to Client Specifications 07/17/2023 07/21/2023  Equipment Pre-configured at Toshiba Warehouse 07/17/2023 07/21/2023  Network Information pre-loaded 07/24/2023 07/28/2023
 Quality Test run on each MFD 07/24/2023 07/28/2023
Fleet Installation 07/31/2023 08/04/2023
Administration and Staff Fleet Deployment Location 07/31/2023 08/04/2023 Day 1 07/31/2023 08/01/2023
 Removal and Return of Existing Equipment 07/31/2023 08/01/2023  Training & Professional Development 07/31/2023 08/01/2023  End User Training by Department 07/31/2023 08/01/2023  Day 2 08/03/2023 08/04/2023
Removal and Return of Existing Equipment 08/03/2023 08/04/2023  Training & Professional Development 08/03/2023 08/04/2023  End User Training by Department 08/03/2023 08/04/2023

INVESTMENT SCHEDULE
Malibu; City of
Proposed Solution
Model Details
• (4) Toshiba e-STUDIO7527ACT
• Included Features: 2,500-Sheet External Large Capacity Feeder, 65-Sheet Multi-Staple Finisher, Holepunch for MJ1115/1116
Service Details
Pool Name Monthly Overage Per Page
Mono Copier Pool $0.00450
Color Copier Pool $0.04500
Total Monthly Investment
•
36 Month Lease $1,184.56
•
39 Month Lease $1,105.44
•
48 Month Lease $960.76
Monthly investment includes parts, labor, travel, and supplies; everything except for paper, staples, and applicable taxes.

Got big jobs to do on a regular basis? Bring them inhouse and let Toshiba’s new e-STUDIO7527ACT do the heavy lifting. 75PPM brilliant color output and
85PPM monochrome and over 8,000 sheets on tap
mean you can turn up the volume.

The refillable dual scan document feeder, now with
double feed detection holds 300 originals and scans
at up to 240 duplex impressions per minute. Built-in
OCR makes your PDFs searchable or easily converts
your paper-based documents to popular Microsoft
Office formats. The versatility and productivity will
speak volumes.
• Full Color A3 MFP
• 75PPM Color, 85PPM Monochrome
• Optical Sensor Detects User Approaching
• Integral Tandem LCF
• Copy, Print, Scan, Fax
65-Sheet Saddle Stitch Finisher
Wireless Connectivity
External LCF with Piggyback Option
Dual Line Fax
business.toshiba.com
40% of our employed field
service team members
are Veterans
Toshiba technicians
average a 4.85 out of 5
client satisfaction rating
Our technician tenure
averages 15 years
of experience
Looking for a Toshiba service technician in your area? Find an office near you. tbs.toshiba.com

ABOUT OUR TEAM
40%
15 4.85
Toshiba service technicians are part of the
communities they serve. Here are some other
interesting facts you may not know...

Getting it right the first time is the goal of
our team of Toshiba Service Technicians.

These tenured professionals focus on
creating the best customer experience for
our clients, with minimal downtime.

BACKBONE OF THE BUSINESS

PROFESSIONAL, ACCOUNTABLE, RESPECTFUL

SERVICE

WHY CHOOSE TOSHIBA
Clients know when to
expect us with our
courtesy call-ahead
30% of all service issues
are often solved remotely
via Help desk
**About our techs statistics from 2021
Team members are
certified in Toshiba and
partner devices
Employees are
empowered to do what's
right for the client
The Toshiba Quality Commitment is our guarantee that you’re getting the utmost in advanced technology, dependability, service and support. Toshiba stands squarely behind our promise with the assurance of complete satisfaction.

Everything we do contributes to that goal—from setting the industry standard for research and development, to providing timely access to Toshiba support personnel. Look around.

Nothing compares to Toshiba...quality guaranteed.

NO FINE PRINT. NO STRINGS ATTACHED.

HERE’S HOW THE GUARANTEE WORKS.

FREE REPLACEMENT
If your Toshiba manufactured copier, facsimile,
printer, thermal barcode printer or its accessories do not operate within Toshiba’s product specifications during
the term of this program, and if the equipment cannot
be repaired to perform within product specifications,
Toshiba will replace the copier, facsimile, printer, thermal barcode printer or accessory at no charge with a model
of equal or better features and specifications.

FREE LOANER
If your Toshiba manufactured copier, facsimile, printer or thermal barcode printer is out-of-service more than
two (2) consecutive business days after notifying your
Authorized Toshiba Servicing Dealer or requires off-site service, a loaner copier, facsimile, printer or thermal barcode printer will be provided by the Authorized
Toshiba Servicing Dealer at no additional charge.

TERM OF PROGRAM
The term of this program is: a) for purchased equipment, three years from equipment installation date or maximum number of copies as stated in the product specifications, whichever occurs first; or b) for leased or rental equipment, three years or the length of the original lease starting from the equipment installation date, whichever is longer.

OUR QUALITY

COMMITMENT

TOSHIBA

SERVICE
Toshiba is recognized as a service leader, as evidenced by numerous industry awards and an outstanding performance record.

When a Toshiba system needs service clients can rest assured our number one priority to is minimize any inconvenience and downtime. Respond, Respect, Resolve is our team mantra from our client service centers located across the country to our factory-trained certified technicians. We have proven the effectiveness of our service model on thousands of contracts where we provide equipment services and fleet optimization. Toshiba has various levels of service to meet client needs, and with Toshiba’s eBridge Cloud Connect tool we can often detect and remotely fix an issue before clients even notice, reducing their burden and increasing uptime.

Toshiba service includes:
● Client Service Call centers with Toshiba Business Solutions marketplaces to receive calls directly from clients and then dispatch service technician if site visits are required. ● Local service teams within each TBS market.
- Technicians assigned to territories closest to their homes - Professionally trained teams with average tenure of 15 years ● Call-ahead notification from responding technician so you’ll know when to expect us. ● Local parts warehouses.
- Individual technician car stock on most popular replacement parts to ensure maximum uptime - Direct ship of needed parts to a technician’s home
● Preventative Maintenance to ensure systems are always running at optimum levels. This includes identifying potential problems and correcting them before they occur. ● Escalation management process that is clearly defined to resolve poor performance issues quickly, efficiently, and to your complete satisfaction.

With recent toner shortages impacting users across the country, know that our toner is available to you and made right here in Mitchell, SD.

The largest of Toshiba’s two global manufacturing plants, it produces more than 1,200 tons of toner annually – that’s nearly a million cartridges of black, cyan, yellow, and magenta that make your prints stand out.

The plant in Mitchell focuses on premium levels of quality, environmental sustainability, and occupational health and safety standards within its 25-acre facility. It holds several ISO certifications, and recently celebrated its 35th anniversary.

T O SHIBA T O NER

I S AVAI LABL E
AND

MANUFA C TURE D

IN THE USA
Follows strict ISO manufacturing guidelines
Meets rigorous testing
Delivers high-quality product for consistent
results
Our US toner manufacturing plant means you’re
never far from product availability. And, with
Toshiba manufactured toner, you’re guaranteed the
best product for your device.

Our toner:

From the vibrant colors to beautiful imagery, it
takes quality toner to make an impact. And that's
what we deliver.

DEDICATED TO KEEPING YOUR BUSINESS RUNNING
business.toshiba.com

IF YOU'RE INTERESTED IN LEARNING MORE, PLEASE REACH OUT TO YOUR TOSHIBA EXPERT TODAY FOR ALL YOUR NEEDS!
Introducing a new generation of Toshiba departmental MFPs – with high-performance, zero-trust security and cloud-ready features, these printers are the perfect choice for today’s modern work environments.
• Highly Productive Color MFPs
• High-speed – 65 & 75 PPM Color and 75 & 85 PPM Black & White • Leading-edge Security Features
• Cloud Print & Service Capabilities
• Built-in Optical Character Recognition

CLOUD-READY

AND SECURE FOR
TODAY’S DIGITAL

WORKPLACE
Today’s new hybrid work environment demands that information be available and accessible from anywhere at any time for organizations to be efficient and productive. Yet it needs to be secure. Introducing Toshiba’s newest e-STUDIO™ departmental MFPs, specifically designed to meet this need. Providing the ultimate in productivity through speed, quality and consistency, these printers also deliver a zero-trust approach for the highest level of security and cloud-ready features built-in for anywhere accessibility.

AT TOSHIBA, PRODUCTIVITY IS A PRIORITY
Our new color MFPs are faster and more productive,
secure, and reliable than any other departmental models Toshiba has ever produced. With everything from a supercharged document feeder with Double Feed Detection to greater maximum paper capacity to next-level finishing
performance, these new models raise the bar on what an
MFP can do for productivity in the modern workplace.
65 & 75 PPM Color and 75 & 85 PPM Black & White to
serve the needs of busy departmental environments.

New High-Speed, High-Capacity Dual Scan Document
Feeder (DSDF) with Double Feed Detection (DFD)
for the most mission-critical scanning environments,
providing up to 240 IPM duplex scan speeds.

High-Resolution for crisp image quality:
up to 1,200 dpi x 1,200 dpi.

Accurate Color & e-BRIDGE® Color Profiler Tool V4.1
allows demanding color print users to accurately hit the widest array of recognized Pantone colors or unique
brand identity colors or match other output devices too. 65-Sheet Stapling takes finishing to the next level and is available on both the regular and saddle stitch finisher, the latter capable of producing booklets up to 60-pages.

Integral Tandem LCF or four-drawer base units allows users to address their volume or versatility demands with up to an 8,020-sheet maximum paper capacity or up to seven separate paper sources by adding a 2,500 sheet letter-size external LCF and even a unique 2,000-sheet piggyback LCF to that for the most volume-intensive environments.

10.1” Tablet-Style Full Color Tilting Touch Screen
Panel offers touch swipe User Interface (UI) featuring
newly designed icons that provide access to the MFP’s
core functions and productivity-enhancing workflow
solutions – all while offering a consistent and familiar user experience to the entire Office Collection.

SECURITY IS JOB NUMBER ONE
Security has never been a more critical consideration for any device in today’s business landscape. MFPs have the extra burden of being shared by all users, and many if not all written documents pass through this device while being printed, scanned, faxed, or copied. That’s why Toshiba strongly believes in zero-trust security principles while designing the applications and cloud services for MFPs. Instead of assuming that the applications and services running on MFPs behind the corporate firewall are safe, we ensure that access and communication is fully authenticated, authorized, and encrypted. We accomplish this by enhancing security using the following features:

Trusted Platform Module 2.0 features the latest version of hardware-based security that safeguards all data on the MFP using cryptographic keys.

Built-in Antimalware that’s stronger than antivirus protects the MFP from Trojan horses, ransomware, spyware, rogue
software, and more.

OAUTH2 Token-based Identity Management helps integrate
cloud services with your existing identity management,
therefore credentials are not replicated, and the chance of vulnerabilities is reduced.

Enhanced Data Encryption with TLS 1.3 keeps the communication between MFP and other applications fully secure thanks to the latest and most secure version of transport layer security.

New 128GB SSD provides the latest encryption and
improved reliability.
512GB SSD option provides additional onboard document
storage capacity.

FIPS 140-2 Validated HDD option enables these MFPs to
meet the Hardcopy Device Protection Profile (HCD-PP)
when the MFP is configured in High Security Mode.

Built-in OCR (Optical Character Recognition) allows you to quickly and easily scan paper documents to create searchable PDFs or editable document formats, such as Microsoft® Word®.

Motion Sensor wakes up the MFP as you approach, bringing it to a ready state without any other action.

Voice Guidance Technology affirms your programming
selections and is a great option for users with visual disabilities through Section 508 of the Rehabilitation Act, opening it up to a wider audience.

Soft Closing Drawers provide a luxurious feeling and better end user experience.

Environmentally Friendly is the Toshiba way: RoHS compliant, recycled plastics, Low-Power (1W) Super Sleep Mode, and our EcoSmart Recycling Program – as well as lower TEC
values for more energy efficiency, earning them the newest EPA ENERGY STAR 3.1 rating.

Higher Duty Cycles and Periodic Maintenance Intervals
provide greater volume with fewer routine service calls so you can stay focused on productivity.

Optical Character
Recognition
Motion
Sensor
Voice
Guidance
Soft Close
Drawers
Environmentally
Friendly
Fewer Routine
Service Calls

HARNESS THE POWER OF THE CLOUD
With Elevate Sky™ from Toshiba, you’ll find cloud-based print solutions for the modern workforce, allowing workflows to seamlessly integrate your MFPs and documents with the cloud applications you’re already using. e-BRIDGE® Global Print allows you
to fully embrace cloud technology.

It simplifies and secures your print
environment while providing the flexibility
for users to print from anywhere –
work, home office, or on the road.

Elevate Sky™ Services from Toshiba
is a suite of cloud-based applications
designed to better manage print
and document environments by
improving device uptime and visibility
to fleet usage and performance.

Leveraging big data analytics and
artificial intelligence, Elevate Sky™ Service
can identify impending errors before
they happen. In many cases, remote
intervention can address the issue before
affecting regular device operations.

Elevate Sky™ MFPConnect is an innovative and
exclusive, cloud-based app that’s ideal for remote fleet management, application and license deployment, and
policy-based security management for your fleet.

Elevate Sky™ Remote Assist enables technicians, with the end-user’s approval, to remotely access the MFP and perform diagnostics and adjustments potentially eliminating the need for what might otherwise be an onsite service call.

Elevate Sky™ Predict assists technicians by applying
predictive analytics to anticipate an MFP’s service needs thus improving uptime.

Elevate Sky™ AI uses machine learning models to
predict parts failures within a Toshiba fleet, helping
reduce service costs by optimizing technician dispatch.

Elevate Sky™ Manage allows IT administrators to
remotely monitor fleet status, deploy licenses and
applications to devices, and ensure that all Toshiba
MFPs on the network have consistent and compliant
security settings and policies.

Elevate Sky™ Reports monitors MFP usage patterns,
generate, and schedule custom reports for their entire fleet to gain valuable insights into how MFPs are being utilized.

Toshiba’s cloud-ready MFPs and our team of experts provide the solutions your business needs to improve workflows and print smarter. Utilizing the latest technological advancements and security standards, we provide end-to-end solutions to help you seamlessly and securely navigate today’s digital workplace from consulting, cloud migration, fleet management, implementation, and technical support.

THE ULTIMATE IN PRODUCTIVITY
Dual Scan Document Feeder with Double Feed
Detection – Scans up to 240 IPM; holds up to 300
originals (refillable)

10.1” Tiltable Front Panel makes programming jobs
easier than ever – even for wheelchair users – and is
Section 508 friendly
Optical Sensor detects when users approach to
ensure it’s ready when they arrive
65-Sheet Stapling Finishers and an output capacity
of up to 3,000 pages enable bigger jobs
Saddle Stitch Finishing enables up to 60-page
booklets, and unique avalanche tray increases
exit capacity
Soft Closing Drawers automatically
pull drawer closed when initiated and
provide a luxury experience
Four-Drawer or Integral Tandem base unit design
addresses versatility and volume demands
2,500-Sheet External LCF meets the needs of busy
departmental color settings
Unique Piggyback LCF raises capacity to potentially
over 8,000 sheets for the most demanding
environments
1 2
3 4
5 6
7 8
9 1
2 3
4 5 9 8
7 6
Designs and specifications subject to change without notice. Specifications may vary by conditions of use and/or environmental usage. For best results and reliable performance, always use supplies manufactured or designated by Toshiba. Not all options and accessories may be available at the time of product launch. Please contact a local Authorized Toshiba Dealership for availability. Toner yields are estimates based on 5% coverage, letter-size page. Driver and connectivity feature support varies by client/network operating system. Product names may be trademarks of their respective companies. AirPrint® and the AirPrint® logo are trademarks of Apple Inc. This is a Class 1 laser product complying with IEC60825-1. All company and/or product names are trademarks and/or registered trademarks of their respective manufacturers in their markets and/or countries. © 2023 Toshiba America Business Solutions, Inc. Electronic Imaging Division Inv. Code 22424 6527AC/7527AC Brochure 5K PG 3/23
Corporate Office 25530 Commercentre Drive, Lake Forest, CA 92630 Tel: 949-462-6000
East Coast 959 Route 46 East, 5th Floor, Parsippany, NJ 07054 Tel: 973-316-2700
Midwest 8770 W. Bryn Mawr Ave., Suite 700, Chicago, IL 60631 Tel: 773-380-6000
South 2037 Bakers Mill Rd., Dacula, GA 30019
Tel: 678-546-9385
West Coast 25530 Commercentre Drive, Lake Forest, CA 92630 Tel: 949-462-6000
Website business.toshiba.com

MAIN SPECIFICATIONS
Copy System Indirect Electrostatic Photographic/OPC/Laser Printing/Heat Roller Fusing Display 10.1” Color WSVGA Touch Screen Tilting Display
Copy Speed Color: 65/75 PPM (LT), Monochrome: 75/85 PPM (LT) First Copy Out Color: 6.4/5.4, Monochrome: 4.5/4.1 Seconds Warm-Up Time From Powering On: Approx. 20 Seconds
From Sleep & Low Power: Less Than 15.4 Seconds
Copy Resolution 600 x 600 dpi
Stack Feed Bypass 3.9” x 5.8” to 12” x 18”, 12” x 47” Banner, Envelope Multiple Copying Up to 999 Copies
Paper Capacity Four Drawer Version: Standard 2,280 Sheets/Max. 6,780 Sheets Tandem Drawer Version: Standard 3,520 Sheets/Max. 8,020 Sheets Original Feed 300-Sheet DSDF with Double Feed Detection Max. Original Size LD/A3
Paper Feed Sizes Drawers : 540 Sheets-ST-R to 12” x 18” Integral Tandem LCF: 1,160 x 2 LT Only
Stack Feed Bypass: 120 Sheets-3.9” x 5.8” to 13” x 19”, 12” x 47” Banner Opt. 2,500-Sheet External LCF LT Only
Opt. 2,000-Sheet Piggyback External LCF LT Only
Paper Weights Drawers: Standard: 540 Sheets x 4-16lb Bond-110lb Cover Tandem LCF 1,160 Sheets x 2-16lb Bond-110lb Cover
Plus 540 Sheets x 2-16lb Bond-110lb Cover
Stack Feed Bypass: 120 Sheets-16lb Bond-110lb Cover
Opt. 2,500-Sheet External LCF LT Only-16lb Bond-110lb Cover Opt. 2,000-Sheet Piggyback External LCF LT Only-16lb Bond-110lb Cover Duplex Standard Automatic Duplex Unit (16lb Bond-140lb Index) Reproduction Ratio 25% to 400%
Max Duty Cycle 540K/600K Month (Color: 100%)
Weight Approx.470lb
Approx. Dimensions 37.6” (W) x 27.5” (D) x 48.3” (H)
CMYK Toner Yield CMY: 39,200, K: 106,600 @ 5%
Power Source 120 Volts, 50/60 Hz, 16 Amps
Power Consumption Maximum 2.0kW/2.4kW (120V)
Plug Type NEMA 5-20
Memory 6GB
Hard Disk Drive 128GB Solid State Drive (SSD)
e-BRIDGE NEXT PRINT SPECIFICATIONS
PDL PCL5e, PCL5c, PCL6 (PCL XL), PS3, PDF, XPS, JPEG
Print Resolution 600 x 600 dpi, 1,200 x 1,200 dpi or
3,600 (Equivalence) x 1,200 dpi (BW/with Smoothing) (PS3 Only) Operating Systems Windows® 8.1,10, 11, Windows Server® 2012/R2, Windows Server® 2016/19/22, Macintosh® (macOS X 10.10-15, 12), Unix®, Linux® Network Protocols TCP/IP (IPv4, IPv6), NetBIOS over TCP/IP, IPX/SPX® for Novell® Environments, EtherTalk for Macintosh Environments
Printing Protocols SMB V1-3, LPR/LPD, IPP V1.2 w/Authentication (TLS 1.2/1.3), AppleTalk® PAP or EtherTalk, Port 9100 (Bi-Directional), NetWare P-SERVER LPD w/iPrint, Bluetooth (HCRP/BIP/OPP/FTP), WS Print, FTP
Print Drivers Windows® 8.1 (32-bit, 64-bit), Windows Server® 2012/R2 (64-bit), Windows Server® 2016/19/22, Windows® 10, 11 (64-bit),
macOS X 10.12-15, 11, 12
Interface RJ-45 Ethernet (10/100/1000 Base-T), USB 2.0 (High-Speed) Optional IEEE802.11b/g/n, Wireless LAN, Optional Bluetooth Wireless Device AirPrint®, Mopria®, e-BRIDGE Print & Capture Application on iOS and Android (Available via Apple® App Store or Google Play) Device Management TopAccess
Account Control Up to 10,000 Users or 1,000 Departments Supports User Authentication (on Device), Login Name/Password (via Windows® Domain) or Login Name/Password (via LDAP Server) for Copy, Print, Scan, Fax, List, and User Function
Accessibility Features Tilt Front Panel, Job Programs, Universal Grip for Paper Trays, Disable Screen Timeout, Audible Beeps, Optional Voice Assist
Security Features User Authentication, Trusted Platform Module, On-Board Data Scramble Function, SCEP, Disable, e-Filing, Disable Copy, Disk Overwrite* , IP Address Filtering (10 Sets), MAC Address Filtering (10 Sets), Network Service Control, Network Port Control, SMB Packet Signing, SSL/TLS (HTTP, IPP, LDAP, SMTP, POP, FTP, DPWS, SYSLOG), IPsec (IKEv1, IKEv2), Security Mode Change, CC Certified (ISO/IEC15408)* with HCD-PP v1.0, IEEE802.1X (Wired/Wireless), Digital Signature for Client Utilities, Password Policy, Password Lock, Password Expiration, Self Testing, Job Access Control, Log Access Control for Job Log, Security Stamp, Role Based Access Control, Secure PDF, Digital Signature for Firmware Update, Integrity Check Function, Image Log, Card Authentication, Biometric Authentication *Conformance with HCD-PPv1.0 in High Security Mode
Environmental Standards ENERGY STAR® (V3.1), EPEAT Gold, Californian Proposition 65 Certifications WHQL (Windows® 8, 8.1, 10, 11, 2012, 2012 R2, 2016/19/22), Novell®, Citrix®, SAP, AirPrint® and Mopria®

SCAN SPECIFICATIONS
Scan Speed DSDF Scan: Up to 240 IPM Duplex, 120 IPM Simplex (Monochrome or Color)
Scan Weights 9.3-110lb Bond
RADF Scan: Simplex: 9.3-41.8lb Bond, Duplex: 13.3-41.8lb Bond Scan Modes Standard: Full Color, Auto Color, Monochrome, Grayscale

OCR DOC/XLS/PPT/PDF
Scan Resolution 600 dpi, 400 dpi, 300 dpi, 200 dpi, 150 dpi, 100 dpi File Formats Monochrome: TIFF-Multi/Single Page, PDF-Multi/Single Page, PDF/A, Searchable PDF, XPS-Multi/Single Page, DOCX, XLSX, PPTX Color/Grayscale: JPEG, TIFF-Multi/Single Page, PDF-Multi/Single Page, PDF/A, Slim PDF, Searchable PDF, XPS-Multi/Single Page,

DOCX, XLSX, PPTX
Image Compression Color/Grayscale: JPEG (High, Middle, Low)

FACSIMILE SPECIFICATIONS
Compatibility Super G3
Data Compression MH/MR/MMR/JBIG
Transmission Speed Approx. 3 Seconds Per Page
Fax Modem Speed Up to 33.6 Kbps
Memory Transmission 100 Jobs (with HDD), 2,000 Destinations Max. 400 Destinations/Job Scan Speed 0.7 Seconds Per Page, Maximum 73 IPM
e-FILING SPECIFICATIONS
Operation Method Color Touch Screen Control Panel or Client PC Number of Boxes 1 Public Box, 200 Private User Boxes
Capacity of Boxes 100 Folders Per Box, 400 Documents Per Folder/Box, 200 Pages Per Document

ACCESSORIES (OPTIONS)
Additional Paper Options
Large Capacity Feeder - 2,500 Sheet MP2503L
Large Capacity Feeder - 2,000 Sheet MP2002L
LCF Connector (to Add 2K LCF) KN9000
Finishing Options
65-Sheet Staple Finisher MJ1115
65-Sheet Saddle-Stitch Finisher MJ1116
Hole Punch for MJ1115/MJ1116 MJ6108N
Exit Tray K6551
Connectivity/Security Options
FAX Unit/2nd Line for FAX Unit GD1370N
Wireless LAN/Bluetooth GN4030A3
Fax Over IP License Key GS1100NODE
Bluetooth Keyboard GR9001
2nd NIC Holder GR1430
USB Hub GR1420
Meta Scan Enabler GS1010NODE
Security SSD (512GB) GE1280
FIPS HDD (320GB) GE1260
Miscellaneous Options
Card Reader Holder GR1320
Accessory Tray GR1330
Panel 10-Key Option GR1340
Manual Pocket KK5008
Harness for Coin Controller GQ1280
Accessible Arm KK2560
Software Options
e-BRIDGE Global Print GB2550NODE
IPSec Enabler GP1080NODE
Unicode Font Enabler GS1007NODE
Multi-Station Print Enabler
Per Seat License GS1090NODE
e-BRIDGE Plus for OneDrive
for Business V3.0 GB2300NODE
e-BRIDGE Plus for SharePoint
Online V3.0 GB2310NODE
e-BRIDGE Plus for Exchange
Online V3.0 GB2320NODE
Workplace Productivity Bundle GB2330NODE
e-BRIDGE Plus for Gmail GB2380NODE
e-BRIDGE Plus for Google
Workspace GB2390NODE
e-BRIDGE Plus Voice Guidance GB2540NODE

Agenda Item # 3.B.6.

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Kelsey Pettijohn, City Clerk
Approved by: Steve McClary, City Manager
Date prepared: December 11, 2023 Meeting date: January 8, 2024 Subject: Resolution Extending the Declaration of the Existence of a Local Emergency Regarding Conditions on Pacific Coast Highway (PCH) RECOMMENDED ACTION: Adopt Resolution No. 24-01 extending the declaration of the existence of a local emergency related to the increase of reckless and illegal driving on pacific coast highway and directing staff to coordinate efforts with other governmental agencies to increase attention and create programs to reduce the risk and danger associated with pacific coast highway in the City.

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

STRATEGIC PRIORITY: This item is part of the day-to-day operations identified in the Adopted FY 2023-24 Strategic Priority Project List.

DISCUSSION: On November 13, 2023, the Council adopted Resolution No. 23-52 declaring the existence of a local emergency in response to increasing reckless and illegal driving on PCH.

The California Emergency Service Act allows the City to proclaim a local state of emergency when needed to protect the public safety in dire circumstances. The status and use of Pacific Coast Highway (“PCH”) currently constitutes a condition, or threatened condition, of extreme peril to the safety of persons and property within the City of Malibu. PCH is the City’s main thoroughfare and each day serves as a commuting route, a residential street, a business corridor, and for persons accessing beaches and other local recreation amenities, a pathway used by pedestrians and cyclists. PCH is a California State Highway (State Route 1) that is managed and maintained by the California Department of Transportation (“Caltrans”) with a posted speed limit ranging between 45-55 miles per hour in the City. Excessive speeding, City Council Meeting
01-08-24
Item

3.B.6.

Agenda Item # 3.B.6.
reckless driving, unsafe U-turns, and distracted driving caused by cell phone use and other distractions have resulted in increased collisions with other motorists, cyclists and pedestrians on PCH that have resulted in injury and death.

According to data from the Statewide Integrated Traffic Records System obtained through UC Berkley’s Transportation Injury mapping system, between 2018 and 2022 there were 22 deadly crashes on PCH in the City, resulting in the death of 23 people.

Data from the California Highway Patrol indicates that there have been 49 fatalities along PCH in Malibu from 2012-22. And finally, the Los Angeles Times has reported that there have been 170 combined deaths and serious injuries to drivers, passengers, cyclists and pedestrians between 2011 and 2023 along PCH in the City. Further, countless other close calls or near misses from the danger posed by the conduct on PCH are impossible to quantify. Most recently, a crash occurred on PCH resulting in the tragic and unnecessary loss of four Pepperdine University students who were walking along PCH.

According to authorities, the driver of the car was allegedly traveling at a speed in excess of 100 miles per hour when his vehicle lost control, sideswiped at least three parked cars and then crashed into a group of people including the four Pepperdine University students and two others.

These statistics and most recent tragedy are all consistent with the day-to-day experience of City residents, visitors, officials, and staff. PCH has become increasingly dangerous to residents and visitors due to the common occurrence of drivers speeding, driving recklessly, or driving while distracted. Residents and visitors are now forced to weigh and modify their use of PCH depending on the time of day and other factors (e.g., weather, weekend vs. weekday, existing traffic conditions, etc.) because of the danger posed. Despite efforts by the City and other governmental agencies to improve the safety of PCH, the point has been reach that the risk is just too great. The status quo is no longer acceptable and action must be taken to mitigate this local emergency.

PCH is a State Highway managed and controlled by Caltrans. Sections 83 and 90 of the Street and Highways Code state that Caltrans has jurisdiction, possession, control and responsibility for the maintenance of State Highways. Further sections of the Streets and Highways Code make clear that Caltrans is the entity with decision-making power over PCH in the City, including improvements, safety elements and speed limits. Further, Streets and Highway Code section 124 states that it is Caltrans, not the City, that can restrict the use of, or close, a State Highway for the protection of the public. Law enforcement agencies such as the Los Angeles County Sheriff’s Department (LASD) and the California Highway Patrol have enforcement jurisdiction over PCH for Vehicle Code violations and other code violations.

Safety on PCH is a problem that the City cannot address and fix alone, and will need to work with Caltrans to make changes to PCH itself. The City can also work through the LASD to address vehicle code violations and related enforcement action given its enforcement jurisdiction over PCH. To effectively effect change, the City must coordinate

Agenda Item # 3.B.6.
and work together with its other governmental partners to implement strategies and solutions to reduce the danger on PCH for all users.

California Government Code Section 8630 empowers the City Council to proclaim the existence of a Local Emergency when there is extreme peril to the safety of persons and property within the territorial limits of the City. Additionally, California Government Code section 8634 empowers the City Council to promulgate orders and regulations necessary to provide for the protection of life and property during the time of a Local Emergency.

These statutes codify the constitutional “police powers” of local governments to adopt local legislation designed to protect the health, safety, and welfare of the community.

Further, the City’s Municipal Code (Chapter 2.52) establishes the City’s disaster council and policies and procedures for dealing with a local emergency. The City’s purchasing ordinance (Chapter 2.56) allows for greater flexibility when making purchases for supplies or services in response to a local emergency. Thus, a declaration of local emergency provides the City greater flexibility to act expediently when trying to address and mitigate the danger posed by the local emergency. It may also aid in coordination with other governmental entities and allow the City access to other resources.

Government Code Section 8630 requires that the City Council review the need for continuing a local emergency at least once every 60 days until the City Council terminates the local emergency.

As such, City staff recommends adopting Resolution No. 24-01 extending the declaration of the existence of a local emergency. If adopted, the City Council will review, and as needed renew, this action at least every 60 days.

ENVIRONMENTAL REVIEW:

This resolution and the actions taken and/or proposed herein are not a project pursuant to the California Environmental Quality Act (CEQA) since they are activities that are excluded from the definition of a project by section 21065 of the California Public Resources Code and section 15378(b) of the State CEQA Guidelines. The proposed actions are organizational or administrative activities of government which will not result in direct or indirect physical changes in the environment. These actions are also exempt from CEQA as specific actions necessary to prevent or mitigate an emergency pursuant to section 21080(b)(4) and section 15269(c) of the State CEQA Guidelines. They also are exempt under CEQA Guidelines Section 15301 – existing facilities. Coordinating and improving infrastructure and safety as well as education and enforcement efforts for safer driving and use of PCH are all exempt activities. Further, to the extent there are minor/temporary uses of land having a negligible or no permanent effect on the environment, these activities are exempt under Section 15304(e) of the CEQA Guidelines.

Agenda Item # 3.B.6.

ATTACHMENTS:

Resolution No. 24-01
RESOLUTION NO. 24-01

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MALIBU

EXTENDING THE DECLARATION OF THE EXISTENCE OF A LOCAL

EMERGENCY RELATED TO THE INCREASE OF RECKLESS AND

ILLEGAL DRIVING ON PACIFIC COAST HIGHWAY AND DIRECTING

STAFF TO COORDINATE EFFORTS WITH OTHER GOVERNMENTAL

AGENCIES TO INCREASE ATTENTION AND CREATE PROGRAMS TO

REDUCE THE RISK AND DANGER ASSOCIATED WITH PACIFIC COAST

HIGHWAY IN THE CITY
The City Council of the City of Malibu does hereby find, order, and resolve as follows:

SECTION 1. Recitals.

A. Condition or threatened conditions of extreme peril to the safety of persons and property have arisen within the City of Malibu caused by the increase in reckless and illegal driving on Pacific Coast Highway (“PCH”) in the City. This reckless and illegal driving has led to increased collisions with other motorists, cyclists and pedestrians, resulting in injury and death.

B. According to data from the Statewide Integrated Traffic Records System obtained through UC Berkley’s Transportation Injury mapping System, between 2018 and 2022 there were 22 deadly crashes on PCH in the City, resulting in the death of 23 people. According to data from the California Highway Patrol, there have been 49 fatalities along PCH through Malibu from 2012-22. According to the Los Angeles Times there have been 170 deaths and serious injuries to drivers, passengers, cyclists and pedestrians between 2011 and 2023.

C. On October 17, 2023, a crash occurred in the 21500 block of PCH resulting in the tragic loss of four Pepperdine University Students who were walking along the road. According to authorities, the driver of the car was traveling at a speed in excess of 100 miles per hour when he lost control, sideswiped at least three parked cars and then crashed into a group of people including the four Pepperdine University Students and two others.

D. PCH is a California State Highway managed and maintained by the California Department of Transportation (“Caltrans”). The posted speed limit along PCH in the City ranges between 45-55 miles per hour.

E. PCH is the City’s main thoroughfare and serves as a commuting route, a residential street and business corridor in the City.

F. City officials, City staff and City residents are tragically aware that PCH has become increasingly dangerous to residents, visitors and commuters, with drivers regularly exceeding the posted speed limits or driving recklessly or distracted which Attachment 1
Resolution No. 24-01

_____________________
has resulted in not only the killing and maiming of pedestrians, cyclists and other motorists, but a collective fear and trauma about the risks posed by accessing PCH.

G. Despite efforts by the City and other governmental agencies to improve the safety of PCH, PCH continues to pose a threat to those who drive, walk and/or cycle along it.

H. California Government Code Section 8630 empowers the City Council to proclaim the existence of a Local Emergency when there is extreme peril to the safety of persons and property within the territorial limits of the City. Additionally, California Government Code Section 8634 empowers the City Council to promulgate orders and regulations necessary to provide for the protection of life and property during the time of a Local Emergency. These statutes codify the constitutional “police powers” of local governments to adopt local legislation designed to protect the health, safety, and welfare of the community.

SECTION 2. It is hereby proclaimed that:

A. The above recitals are true and correct.

B. The increase in dangerous, illegal, reckless and/or distracted driving on PCH in the City currently poses extreme peril to persons and property in Malibu. As such, the City Council finds that the declaration of local emergency remains valid and necessary, and will remain in effect until the extreme danger has subsided.

C. To reduce and prevent the risks associated with dangers posed on PCH, City staff are directed to coordinate with Caltrans, the Los Angeles County Sheriff, the California Highway Patrol, and other entities and government agencies to implement programs, increase enforcement of existing laws and/or develop solutions to reduce the danger on PCH to pedestrians, cyclists and other motorists from dangerous, illegal, reckless and/or distracted driving on PCH.

D. The City Director of Emergency Services, or designee, is directed and authorized to address any and all impacts and conditions caused by the emergency and to obtain any and all aid and assistance from local, county, state, or federal agencies, including but not limited to aid and assistance pursuant to the California Disaster Assistance Act, California Government Code Section 8690 et. seq.

E. The City Manager, as the Purchasing Officer of the City pursuant to Malibu Municipal Code Section 2.56.040 (B) is authorized to make purchases of supplies or services exceeding twenty-five thousand dollars ($25,000.00) in compliance with Malibu Municipal Code, Chapter 2.56.

F. City staff are directed to report back to the City Council regarding programs and strategies proposed or implemented to mitigate the risk associated with this local emergency.

Resolution No. 24-01

_____________________
SECTION 3. The local emergency shall be deemed to continue and exist until its termination is proclaimed by the City Council. As required by law, the City Council shall review the need to continue the state of emergency every 60 days until this resolution is terminated.

SECTION 4. This resolution and the actions taken and/or proposed herein are not a project pursuant to the California Environmental Quality Act (CEQA) since they are activities that are excluded from the definition of a project by section 21065 of the California Public Resources Code and section 15378(b) of the State CEQA Guidelines. The proposed actions are organizational or administrative activities of government which will not result in direct or indirect physical changes in the environment. In the alternative, find that the actions are exempt from CEQA as specific actions necessary to prevent or mitigate an emergency pursuant to section 21080(b)(4) and section 15269(c) of the State CEQA Guidelines.

SECTION 5. The City Clerk shall certify the passage and adoption of this resolution and enter it into the book of original resolutions.

PASSED, APPROVED, and ADOPTED this __th day of ____ 2024. _____________________________
STEVE UHRING, Mayor
ATTEST:
__________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
APPROVED AS TO FORM:
__________________________________
TREVOR RUSIN, Interim City Attorney

Agenda Item # 3.B.7.

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Jerry Vandermeulen, Fire Safety Liaison
Reviewed by: Susan Dueñas, Public Safety Manager
Approved by: Steve McClary, City Manager
Date prepared: December 13, 2023 Meeting date: January 8, 2024 Subject: Resolution to Approve CALFIRE Grant Application RECOMMENDED ACTION: Adopt Resolution No. 24-02 approving an application for the “California Climate Investment Fire Prevention Grant Program” and appointing the City Manager, or designee the authority to take actions pursuant to the program.

FISCAL IMPACT: There is no fiscal impact associated with the recommended action. The funds will be accounted for in Account No. 100-0000-3600 (Proceed from Grants) and expended from Account No. 100-7021 (Emergency Management).

STRATEGIC PRIORITY: This item supports the Public Safety priorities identified in the Adopted FY 2023-24 Strategic Priority Project List.

DISCUSSION: Through the California Climate Investments (CCI) Fire Prevention Grant Program, CAL FIRE aims to reduce the risk of wildland fires to habitable structures and communities, while maximizing carbon sequestration in healthy wildland habitat and minimizing the uncontrolled release of emissions from wildfires. As part of that action, CAL FIRE allocated over $117 million to be distributed for immediate fire prevention and fire resiliency projects throughout the State of California.

The funds received by this Grant if awarded will be used to fund mitigation recommendations in the communities of Big Rock, Rambla Orienta, Corral Canyon, Principio (Malibu West), and upper Trancas identified through the CAL FIRE Subdivision Review Program. The recommendations include:

City Council Meeting
01-08-24
Item

3.B.7.

Agenda Item # 3.B.7.
• Installation of reflective evacuation route street signs directing residents from their local roads to collector roads / arterial highways
• Limiting street parking through appropriate signage when side street parking narrows the road to a smaller width than the standards, so a wider pathway is available to support rapid evacuation during red flag warnings or conditions of high fire danger
• Planning and conducting community-wide evacuations drills • Installation of reflective markers to indicate road edges or other areas of danger that might not be evident during periods of low visibility.

Additionally, addressing these mitigation recommendations will assist in our efforts to get Malibu placed on the CAL FIRE Fire Risk Reduction Community List in 2024 which will greatly assist in future CAL FIRE Wildfire Prevention Grant funding opportunities.

As the grant application is not due until January 10, 2024, it is still in process of being completed. The final requested amount has not yet been finalized but is projected to be $150,000 to $200,000.

Staff requests that the Council approves Resolution 24-02 with CAL FIRE to allow the filing of a grant application for these critical public safety projects. Note that the Grant application period ends on January 10, 2024, so expediting this process is much appreciated.

ATTACHMENTS: Resolution 24-02
RESOLUTION NO. 24-02

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MALIBU
APPROVING AN APPLICATION FOR THE “CALIFORNIA CLIMATE
INVESTMENT FIRE PREVENTION GRANT PROGRAM” AND APPOINTING

THE CITY MANAGER, OR DESIGNEE THE AUTHORITY TO TAKE ACTIONS

PURSUANT TO THE PROGRAM
The City Council of the City of Malibu does hereby find, order and resolve as follows:

SECTION 1. Recitals.

A. Whereas, the Governor of the State of California in cooperation with the California State Legislature has enacted State of California Climate Investment, which provides funds to the State of California and its political subdivisions for fire prevention programs, and B. Whereas, the State Department of Forestry and Fire Protection (CAL FIRE) has been delegated the responsibility for the administration of the program within the State, setting up necessary procedures governing application by local agencies, non-profit organizations, and others under the program, and
C. Whereas, the applicant will enter into an agreement with The State of California to carry out the project, “Malibu Fire Risk Reduction Project”.

SECTION 2. Now, therefore, be it resolved that the City Council of Malibu:

1. Approves the filing of an application for “California Climate Investment Fire Prevention Grant Program”, and

2. Certifies that said applicant has or will have sufficient funds to operate and maintain the project, and

3. Certifies that funds under the jurisdiction of the City of Malibu are available to begin the project, and

4. Certifies that said applicant will expend grant funds prior to March 15, 2030, and

5. Appoints the City Manager, or a designee to conduct all negotiations, execute and submit all documents including, but not limited to, applications, agreements, amendments, payment requests, and so on, which may be necessary for the completion of the aforementioned project.

SECTION 3. The City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions.

PASSED, APPROVED, and ADOPTED this ___th day of _____________ 2024. _____________________________
STEVE UHRING, Mayor
Attachment 1
Resolution No. 24-02

_____________________
ATTEST:
__________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
APPROVED AS TO FORM:
__________________________________
TREVOR RUSIN, Interim City Attorney

Agenda Item # 3.B.8.

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Jerry Vandermeulen, Fire Safety Liaison
Reviewed by: Susan Dueñas, Public Safety Director
Approved by: Steve McClary, City Manager
Date prepared: December 13, 2023 Meeting date: January 8, 2024 Subject: Request for Letter of Support
RECOMMENDED ACTION: Authorize the Mayor to sign a letter of support for the CAL FIRE Wildfire Prevention Grant for the Santa Monica Mountains Regional Fire Safe Council.

FISCAL IMPACT: There will be no fiscal impact associated with the recommended action.

STRATEGIC PRIORITY: This item supports the Public Safety priorities identified in the Adopted FY 2023-24 Strategic Priority Project List.

DISCUSSION: Through the California Climate Investments (CCI) Fire Prevention Grant Program, CAL FIRE aims to reduce the risk of wildland fires to habitable structures and communities, while maximizing carbon sequestration in healthy wildland habitat and minimizing the uncontrolled release of emissions from wildfires. As part of that action, CAL FIRE allocated over $117 million to be distributed for immediate fire prevention and fire resiliency projects throughout the State of California with individual grant awards of up to $3 million being allocated.

The Los Angeles County Fire Department Forestry Division, in partnership with the Resource Conservation District of the Santa Monica Mountains is applying for a CAL FIRE Wildfire Prevention Grant to fund and staff a new Santa Monica Mountains Regional Fire Safe Council (FSC). The proposed FSC boundaries will include the City of Malibu along with the cities of Westlake Village, Agoura Hills, Calabasas and Hidden Hills as well as Pacific Palisades, Topanga, and all unincorporated areas.

City Council Meeting
01-08-24
Item

3.B.8.

Agenda Item # 3.B.8.

Fire Safe Councils are grassroots, community-led organizations that mobilize residents, partner agencies, and other stakeholders to protect homes, communities, and environments from catastrophic wildfire. The FSC acts as a central collection point to coordinate, unify and focus wildfire prevention measures within its designated area of concern. Partners and stakeholders can include public utilities, large landowners, municipalities, insurance companies, and public safety agencies.

The stated mission of the FSC project team is to promote wildfire safety and community resilience in the communities of the Santa Monica Mountains through education, technical support, subject matter expertise, and community-driven action plans through:
• Providing Education and Promoting Communication
• Supporting Community Emergency Planning
• Creating Fire Adaptive Communities Through Mitigation Actions Once established, the FSC will enhance the City’s own Fire Safety Liaison program and provide similar services such as Home Wildfire Assessments and establishing Firewise Communities to the other participating cities and unincorporated areas. As a 501(c)(3) non-profit organization, the FSC will be able to apply for Wildfire Prevention Grants on behalf of Firewise Communities and distribute funds fairly and equitably based on need and current Three-Year Action Plans.

The applicants are modeling their efforts after the very active and highly successful Ventura Regional FSC and are working closely with their Executive Director for input and guidance. As an example of their success, in 2023 the VRFSC was awarded over $2.9 million in wildfire prevention grant funding.

Improved and coordinated wildfire safety and mitigation efforts within the Santa Monica Mountains region benefits Malibu greatly, and it is anticipated the Fire Safety Liaison personnel will be asked to serve on its Advisory Board.

Staff requests Council to authorize the Mayor to sign a Letter of Support for the CAL FIRE Wildfire Prevention Grant Santa Monica Mountains Regional Fire Safe Council. Note that the Grant application period ends on January 10, 2024, so expediting this process is much appreciated.

ATTACHMENTS:

1. Draft Letter of Support

2. Santa Monica Mountains Regional Fire Safe Council Service Area Map City of Malibu
23825 Stuart Ranch Road · Malibu, California · 90265-4861 Phone (310) 456-2489 · Fax (310) 456-3356 · www.malibucity.org File path Recycled Paper
January 8, 2024
California Department of Forestry and Fire Protection (CAL FIRE) Wildfire Prevention Grants
2023 / 2024 Announcement
Subject: Letter of Support 2023 / 2024 Wildfire Prevention Grant Application Santa Monica Mountains Regional Fire Safe Council
Please accept this letter in support of Los Angeles County Fire Department Forestry Division CAL FIRE 2023 / 2024 Wildfire Prevention Grant Application- Santa Monica Mountains Regional Fire Safe Council.

As a city that is historically heavily impacted by wildfire, most recently the Woolsey Fire in 2018, we welcome the creation of the Fire Safe Council to act as a central collection point to coordinate, unify and focus wildfire prevention measures of all partners, municipalities, and stakeholders within our region.

Since the Woolsey Fire our own fire safety mitigation efforts have included the staffing of a dedicated Fire Safety Liaison Position, creation of our own CWPP, and conducting over 450 Home Wildfire Assessments with a focus on ember hardening.

Currently our Public Safety staff are actively involved in outreach efforts to establish new Firewise Communities to build upon the two that already exist. The addition of the Fire Safe Council to assist in these efforts, provide on-going support and potential grant funding to for mitigation plans will be extremely beneficial to their efforts and overall wildfire safety in the region.

Thank you,
Steve Uhring
Mayor

Agenda Item # 3.B.9.

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Kelsey Pettijohn, City Clerk
Approved by: Steve McClary, City Manager
Date prepared: December 12, 2023 Meeting date: January 8, 2024 Subject: Amendment to Professional Services Agreement with Record Xpress of California LLC, DBA Access
RECOMMENDED ACTION: Authorize the Mayor to execute Amendment No. 2 to Professional Services Agreement with Record Xpress of California LLC, DBA Access, for storage of the City’s offsite records, services and transportation pertaining to records management to extend the term of the Agreement to December 31, 2025 and update the fee schedule.

FISCAL IMPACT: Funding for this Agreement was included in the Adopted Budget for FY 2023-24 in Account No. 100-7059-5720 (Non-Departmental Services - Off-site Storage).

STRATEGIC PRIORITY: This item is part of the day-to-day operations identified in the Adopted FY 2023-24 Strategic Priority Project List.

DISCUSSION: The City has utilized offsite records storage since 1999. In 2005, the City of Malibu entered into a Professional Services Agreement with Fortress Records Management, purchased by Access in 2010, to store the City’s offsite records and other records related services. Access is currently providing offsite records storage for the City while staff continues to implement the City’s adopted retention schedule and reduce offsite records. The City currently has 1,006 boxes in offsite storage.

This amendment continues the existing offsite records storage services provided by Access, extends the Agreement term to December 31, 2025, and reflects the current fee schedule. This amendment does not change the limit on the total cost of services, which shall not exceed $50,000 per year.

City Council Meeting
01-08-24
Item

3.B.9.

Agenda Item # 3.B.9.

ATTACHMENTS: Amendment No. 2 to Professional
AMENDMENT NO. 2 TO AGREEMENT FOR PROFESSIONAL SERVICES
THIS AMENDMENT NO. 2 TO AGREEMENT FOR PROFESSIONAL SERVICES is made and entered in the City of Malibu on December 6, 2023, by and between the CITY OF MALIBU, hereinafter referred to as City, and Record Xpress of California LLC, hereinafter referred to as Consultant.

The City and the Consultant agree as follows:

R E C I T A L S
A. On February 10, 2020, the City entered into an Agreement with Consultant for storage of the City’s offsite records, record center services (destruction of some records, retrieval of City files and containers, and additions of new City files and containers), media vault services, and transportation services pertaining to records management services (the “Agreement”).

B. On December 13, 2021, the City entered into Amendment No. 1 to the Agreement to extend the term to December 31, 2023, and updating the fee schedule.

C. The City desires to amend the Agreement to extend the term through December 31, 2025.

NOW THEREFORE, in consideration of their mutual promises, obligations and covenants hereinafter contained, the parties hereto agree as follows:

1. Section 2.0 – Term of Agreement, of the Agreement, is hereby extended through December 31, 2025, the Renewal Term.

2. During the Renewal Term, Consultant may amend pricing and Services in the Price Schedule from time to time, yet no more than once per annum, in its discretion upon thirty (30) days prior notice to the City, provided that Services charges shall not be increased more than five percent (5%) during any one year during the Renewal Term of the Agreement.

3. The Parties further agree to replace the existing Agreement Pricing Schedules as outlined in the original Schedules A, B, C, and D with Price Schedules A, B, C, and D attached to this Amendment.

4. The Parties agree that this Amendment will be considered signed when the signature of a party is delivered physically or by facsimile transmission or scanned and delivered via electronic mail. Such facsimile or electronic mail copies will be treated in all respects as having the same effect as an original signature.

5. All terms and conditions of the Agreement not amended by this Amendment No. 2 remain in full force and effect.

This Agreement is executed on ________________, 2023, at Malibu, California, and effective as of January 1, 2024.

CITY OF MALIBU:
____________________________________
STEVE UHRING, Mayor
ATTEST:
____________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69 Amendment No. 2 to Agreement
Access

_____________________
255-2
APPROVED AS TO FORM: CONSULTANT:
_____________________________________ ____________________________________ TREVOR RUSIN, Interim City Attorney By:

Title:

DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69 Vice President Client Care
Jessica Gately
* Storage charges are billed in advance, services billed in arrears. * Retrievals are limited to 50 items per day or additional fees may apply. * Fuel Surcharges apply to transportation activity and/or secure destruction services and will fluctuate depending on U.S. Department of Energy monthly statistics and industry scale. * Any services not quoted will be charged at the standard rates which are available upon request.

Schedule A
City Of Malibu
Record Center Storage
Container Storage - Odd Size Box $0.6041 Per Item Per 30 Days Container Storage - Odd Size Box 12 $0.6041
Container Storage - Letter Box $0.6041 Per Item Per 30 Days Minimum Monthly Storage $113.5214 Per Invoice Per
30 Days
Per Month
Container Storage - Legal Box $0.6041 Per Item Per 30 Days Container Storage - Standard Box $0.6041 Per Item Per 30 Days File Tracking $0.0281 Per Per File
Initial Onboarding - Add New Container (per cu/ft) $2.5000 Per Cubic Foot Record Center Services
Retrieve File - Permanent Removal $4.8356 Per Item
Shelve container (Open Shelf Radiology) $4.7734
Retrieve File $4.8358 Per Item
Destruction by Certified Shred - File (Boxed or Open Shelf) $4.7779 Per Item Plus Retrieval
Refile File $4.8358 Per Item
Retrieve Container - Destruction (per cu/ft) $4.7359 Per Cubic Foot Destruction - Certified Shred Container (per cu/ft) $6.6770 Per Cubic Foot Plus Retrieval
Permanent Removal File $5.7360 Per Cubic Foot
Plus Retrieval
Retrieve File - Destruction $4.8356 Per Item
Retrieve Container - Permanent Removal (per cu/ft) $4.7359 Per Cubic Foot Permanent Removal - Account Termination - Container $11.6446 Per Cubic Foot plus retrieval and
dock access
Add New File $2.8049 Per Item
Shelve container (Vault non-media / Special Collections) $4.7734 Refile Container (per cu/ft) $4.7767 Per Cubic Foot
Shelve Container $4.3005 Per Cubic Foot
Permanent Removal Container (per cu/ft) $6.0882 Per Cubic Foot Plus Retrieval
Retrieve Container (per cu/ft) $4.7359 Per Cubic Foot
Add New Container (per cu/ft) $3.1482 Per Cubic Foot
Transportation Services
Transportation Handling - Tape Container $2.6707 Per Item Wait Time (Minimum 1/4 Hour) $20.4577 Each
Additional Stops (Multiple locations/recipients) $5.2497 Per Trip After Hours Emergency Delivery $274.8152 Per Trip
Unscheduled Next Day Media Delivery / Pickup $95.3855 Per Trip After Hours Media Transportation $286.1566 Per Trip
Rush Media Transportation $126.8626 Per Trip
Transportation Handling - File $2.1052 Per Item
Same Day Delivery / Pickup $76.3063 Per Trip
Order Preparation and Handling - Rush $20.4577
Transportation Handling - Tape $2.8304 Per Item
Scheduled Rotation $12.0852 Per Trip
Standard Delivery / Pickup $60.7630 Per Trip
DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69 * Storage charges are billed in advance, services billed in arrears. * Retrievals are limited to 50 items per day or additional fees may apply. * Fuel Surcharges apply to transportation activity and/or secure destruction services and will fluctuate depending on U.S. Department of Energy monthly statistics and industry scale. * Any services not quoted will be charged at the standard rates which are available upon request.

Rush Delivery $163.1060 Per Trip
Transportation Handling - Container (per cu/ft) $2.7515 Per Cubic Foot Additional Services
File Folder Level Indexing / Data Entry Performed by Access $0.8399 Per Item AccessNotifi Breach Response Services provided by Vero $37.9705 TBD Administration Charge (Summary) $76.0008 Per Invoice
File Not Found $5.4554 Per Item
Dock Access $2.7276 Per Item
Repacking of Damaged Container $5.8838 Each plus cost of new container
Dock Access - File $1.6799 Per Item
Index File/Container information $0.7276
Labor - Container 2 $94.5533
Dock Access - (per cu/ft) $2.7286 Per Cubic Foot
Administration Charge (Detailed by Department) $60.6337 Inter-File Document $6.1925 Per Item
Administration Charge (Detailed by Department) $41.9974 Per Invoice Labor (per hour) $52.4967 Per Hour
Minimum Work Order Charge $10.4993 Per Order
Retrieve File - Expedited (Priority Surcharge) $4.0916 Per Item Audit/Viewing/Floor Space Utilization Fee $52.4967 Per Hour Cancelled Request (per item) $6.8192 Per Item
AccessNotifi Breach Response Services + Business Credential Monitoring provided by Vero
$33.0729 Per Month
Container Level Data Entry Performed by Access $0.9289 Per Item Retrieve Container - Expedited (Priority Surcharge) $4.3294 Per Cubic Foot Minimum Work Order Charge $14.4852
Phone/Email Reference (Order Entry Fee) $11.2599 Per Order Access Online Tools: FileBRIDGE Records + FileBRIDGE METRICS $11.0250 Per Month Information Security Surcharge $24.2550 Per Invoice
Administration Charge (Summary) / Hardcopy and mixed accounts $76.0055 Record Center Materials

2.4 Letter Transfile Box / 10 Boxes & Lids Bundle $5.9558 Per Item Access Storage Container (10x12x15) $5.2064 Per Item
Microfiche or Check / Individual Box $3.1502 Per Item
X-Ray / 20 Box Bundle $152.2580 Per Item

1.2 Standard Box / 10 Boxes & Lids Bundle $37.1592 Per Item X-Ray Box / Individual Box $5.2503 Per Item
Legal Transfile/ Individual Box & Lid $11.1477 Per Item

1.2 Box Lid (No Box) / Individual Lid Only $2.1925 Per Item Drawing Bags / Individual Bag $5.2503 Per Item
Legal Transfile Box / 10 Boxes & Lids Bundle $7.7073 Per Item DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69 * Storage charges are billed in advance, services billed in arrears. * Retrievals are limited to 50 items per day or additional fees may apply. * Fuel Surcharges apply to transportation activity and/or secure destruction services and will fluctuate depending on U.S. Department of Energy monthly statistics and industry scale. * Any services not quoted will be charged at the standard rates which are available upon request.

Schedule B
City Of Malibu
Shredding – Schedule Service
Small Console - Unscheduled Rotation / Plant $27.2786
Small Console - Scheduled Rotation / Plant $28.5775 Per Trip Small Bin - Scheduled Rotation / Plant $18.1901 Per Trip Large Bin - Unscheduled Rotation / Plant $59.1346
Media Shredinator - Unscheduled Rotation / Plant $4.4614 Medium Console - Unscheduled Rotation / Plant $34.0982
Medium Bin - Unscheduled Rotation / Plant $45.2949
Shredding – Per Item
Shred - per Standard Banker Box - 1.2 Cuft $7.1990 Per Item Pickup Direct Destruction - per order $2.1000
Shredding – Media
Shredding Service Minimum – Hard Drives $26.7079 Per Item Shredding – Additional Services
Labor - Shredding (per hour) $242.5349 Per Hour
Shredding – Transportation
Tier 4 Transportation $31.4980 Per Trip
Tier 3 Transportation $25.1984 Per Trip
Metro Market Service Fee $0.0000 Per Trip
Unscheduled Shred Rotation $20.9987 Per Trip
Shred Rotation - Attempted Shred Service $35.6978 Per Trip Tier 2 Transportation $18.8988 Per Trip
Scheduled Shred Rotation - Plant $48.5397 Per Trip
DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69 * Storage charges are billed in advance, services billed in arrears. * Retrievals are limited to 50 items per day or additional fees may apply. * Fuel Surcharges apply to transportation activity and/or secure destruction services and will fluctuate depending on U.S. Department of Energy monthly statistics and industry scale. * Any services not quoted will be charged at the standard rates which are available upon request.

Schedule C
City Of Malibu
Media Vault Storage
Media Case Storage - Small $26.7115 Per Item
Media Case Storage - Large $1.2554 Per Item
Media Storage - Miscellaneous Media container $46.7451
Media Storage - Slotted Tape $0.6085 Per Item
Media Vault Services
Add New Tape $4.0726 Per Item
Media Handling / Permanent Removal Account Closing - per small container $10.6832 Retrieve Tape - Expedited (Priority Surcharge) $4.0062 Per Item Retrieve Small Media Case $4.0062 Per Item
Permanent Removal Tape $6.3059 Per Item
Retrieve Tape Container - Expedited (Priority Surcharge) $4.0062 Per Item Add New Media Case - Small $3.3385 Per Item
Permanent Removal Small Media Case $12.9756 Per Item
Shelve Tape $4.2732
Destruction - per Tape $8.2462 Per Item
Media Handling / Permanent Removal Account Closing - per individual item $2.0031 Shelve media container $4.2732
Retrieve Tape $4.9247 Per Item
Transportation Services
Transportation Handling - Tape Container $2.6707 Per Item Wait Time (Minimum 1/4 Hour) $20.4577 Each
Additional Stops (Multiple locations/recipients) $5.2497 Per Trip After Hours Emergency Delivery $274.8152 Per Trip
Unscheduled Next Day Media Delivery / Pickup $95.3855 Per Trip After Hours Media Transportation $286.1566 Per Trip
Rush Media Transportation $126.8626 Per Trip
Transportation Handling - File $2.1052 Per Item
Same Day Delivery / Pickup $76.3063 Per Trip
Order Preparation and Handling - Rush $20.4577
Transportation Handling - Tape $2.8304 Per Item
Scheduled Rotation $12.0852 Per Trip
Standard Delivery / Pickup $60.7630 Per Trip
Rush Delivery $163.1060 Per Trip
Transportation Handling - Container (per cu/ft) $2.7515 Per Cubic Foot DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69 * Storage charges are billed in advance, services billed in arrears. * Retrievals are limited to 50 items per day or additional fees may apply. * Fuel Surcharges apply to transportation activity and/or secure destruction services and will fluctuate depending on U.S. Department of Energy monthly statistics and industry scale. * Any services not quoted will be charged at the standard rates which are available upon request.

Schedule D
City Of Malibu
Conversion Services - Business Process
Third Party Shipping Fees $1.0000 Per Order
Minimum Monthly Invoice Charge $153.5761 Per Invoice
Conversion Services – Scan on Demand
Digital Document Delivery - Each Additional Page $0.1091 Scan on Demand - Rush Digital Delivery (per file) $31.4980 Per File Scan on Demand - Next Day Digital Delivery - per file $10.4993 Per File Scan on Demand - After Hours Delivery (per file) $41.9974 Per File Scan on Demand - Same Day Digital Delivery (per file) $15.7490 Per File DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69 * Storage charges are billed in advance, services billed in arrears. * Retrievals are limited to 50 items per day or additional fees may apply. * Fuel Surcharges apply to transportation activity and/or secure destruction services and will fluctuate depending on U.S. Department of Energy monthly statistics and industry scale. * Any services not quoted will be charged at the standard rates which are available upon request.

Schedule A
City Of Malibu
Record Center Storage
Container Storage - Odd Size Box $0.6041 Per Item Per 30 Days Container Storage - Odd Size Box 12 $0.6041
Container Storage - Letter Box $0.6041 Per Item Per 30 Days Minimum Monthly Storage $113.5214 Per Invoice Per
30 Days
Per Month
Container Storage - Legal Box $0.6041 Per Item Per 30 Days Container Storage - Standard Box $0.6041 Per Item Per 30 Days File Tracking $0.0281 Per Per File
Initial Onboarding - Add New Container (per cu/ft) $2.5000 Per Cubic Foot Record Center Services
Retrieve File - Permanent Removal $4.8356 Per Item
Shelve container (Open Shelf Radiology) $4.7734
Retrieve File $4.8358 Per Item
Destruction by Certified Shred - File (Boxed or Open Shelf) $4.7779 Per Item Plus Retrieval
Refile File $4.8358 Per Item
Retrieve Container - Destruction (per cu/ft) $4.7359 Per Cubic Foot Destruction - Certified Shred Container (per cu/ft) $6.6770 Per Cubic Foot Plus Retrieval
Permanent Removal File $5.7360 Per Cubic Foot
Plus Retrieval
Retrieve File - Destruction $4.8356 Per Item
Retrieve Container - Permanent Removal (per cu/ft) $4.7359 Per Cubic Foot Permanent Removal - Account Termination - Container $11.6446 Per Cubic Foot plus retrieval and
dock access
Add New File $2.8049 Per Item
Shelve container (Vault non-media / Special Collections) $4.7734 Refile Container (per cu/ft) $4.7767 Per Cubic Foot
Shelve Container $4.3005 Per Cubic Foot
Permanent Removal Container (per cu/ft) $6.0882 Per Cubic Foot Plus Retrieval
Retrieve Container (per cu/ft) $4.7359 Per Cubic Foot
Add New Container (per cu/ft) $3.1482 Per Cubic Foot
Transportation Services
Transportation Handling - Tape Container $2.6707 Per Item Wait Time (Minimum 1/4 Hour) $20.4577 Each
Additional Stops (Multiple locations/recipients) $5.2497 Per Trip After Hours Emergency Delivery $274.8152 Per Trip
Unscheduled Next Day Media Delivery / Pickup $95.3855 Per Trip After Hours Media Transportation $286.1566 Per Trip
Rush Media Transportation $126.8626 Per Trip
Transportation Handling - File $2.1052 Per Item
Same Day Delivery / Pickup $76.3063 Per Trip
Order Preparation and Handling - Rush $20.4577
Transportation Handling - Tape $2.8304 Per Item
Scheduled Rotation $12.0852 Per Trip
Standard Delivery / Pickup $60.7630 Per Trip
DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69 * Storage charges are billed in advance, services billed in arrears. * Retrievals are limited to 50 items per day or additional fees may apply. * Fuel Surcharges apply to transportation activity and/or secure destruction services and will fluctuate depending on U.S. Department of Energy monthly statistics and industry scale. * Any services not quoted will be charged at the standard rates which are available upon request.

Rush Delivery $163.1060 Per Trip
Transportation Handling - Container (per cu/ft) $2.7515 Per Cubic Foot Additional Services
File Folder Level Indexing / Data Entry Performed by Access $0.8399 Per Item AccessNotifi Breach Response Services provided by Vero $37.9705 TBD Administration Charge (Summary) $76.0008 Per Invoice
File Not Found $5.4554 Per Item
Dock Access $2.7276 Per Item
Repacking of Damaged Container $5.8838 Each plus cost of new container
Dock Access - File $1.6799 Per Item
Index File/Container information $0.7276
Labor - Container 2 $94.5533
Dock Access - (per cu/ft) $2.7286 Per Cubic Foot
Administration Charge (Detailed by Department) $60.6337 Inter-File Document $6.1925 Per Item
Administration Charge (Detailed by Department) $41.9974 Per Invoice Labor (per hour) $52.4967 Per Hour
Minimum Work Order Charge $10.4993 Per Order
Retrieve File - Expedited (Priority Surcharge) $4.0916 Per Item Audit/Viewing/Floor Space Utilization Fee $52.4967 Per Hour Cancelled Request (per item) $6.8192 Per Item
AccessNotifi Breach Response Services + Business Credential Monitoring provided by Vero
$33.0729 Per Month
Container Level Data Entry Performed by Access $0.9289 Per Item Retrieve Container - Expedited (Priority Surcharge) $4.3294 Per Cubic Foot Minimum Work Order Charge $14.4852
Phone/Email Reference (Order Entry Fee) $11.2599 Per Order Access Online Tools: FileBRIDGE Records + FileBRIDGE METRICS $11.0250 Per Month Information Security Surcharge $24.2550 Per Invoice
Administration Charge (Summary) / Hardcopy and mixed accounts $76.0055 Record Center Materials

2.4 Letter Transfile Box / 10 Boxes & Lids Bundle $5.9558 Per Item Access Storage Container (10x12x15) $5.2064 Per Item
Microfiche or Check / Individual Box $3.1502 Per Item
X-Ray / 20 Box Bundle $152.2580 Per Item

1.2 Standard Box / 10 Boxes & Lids Bundle $37.1592 Per Item X-Ray Box / Individual Box $5.2503 Per Item
Legal Transfile/ Individual Box & Lid $11.1477 Per Item

1.2 Box Lid (No Box) / Individual Lid Only $2.1925 Per Item Drawing Bags / Individual Bag $5.2503 Per Item
Legal Transfile Box / 10 Boxes & Lids Bundle $7.7073 Per Item DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69 * Storage charges are billed in advance, services billed in arrears. * Retrievals are limited to 50 items per day or additional fees may apply. * Fuel Surcharges apply to transportation activity and/or secure destruction services and will fluctuate depending on U.S. Department of Energy monthly statistics and industry scale. * Any services not quoted will be charged at the standard rates which are available upon request.

Schedule B
City Of Malibu
Shredding – Schedule Service
Small Console - Unscheduled Rotation / Plant $27.2786
Small Console - Scheduled Rotation / Plant $28.5775 Per Trip Small Bin - Scheduled Rotation / Plant $18.1901 Per Trip Large Bin - Unscheduled Rotation / Plant $59.1346
Media Shredinator - Unscheduled Rotation / Plant $4.4614 Medium Console - Unscheduled Rotation / Plant $34.0982
Medium Bin - Unscheduled Rotation / Plant $45.2949
Shredding – Per Item
Shred - per Standard Banker Box - 1.2 Cuft $7.1990 Per Item Pickup Direct Destruction - per order $2.1000
Shredding – Media
Shredding Service Minimum – Hard Drives $26.7079 Per Item Shredding – Additional Services
Labor - Shredding (per hour) $242.5349 Per Hour
Shredding – Transportation
Tier 4 Transportation $31.4980 Per Trip
Tier 3 Transportation $25.1984 Per Trip
Metro Market Service Fee $0.0000 Per Trip
Unscheduled Shred Rotation $20.9987 Per Trip
Shred Rotation - Attempted Shred Service $35.6978 Per Trip Tier 2 Transportation $18.8988 Per Trip
Scheduled Shred Rotation - Plant $48.5397 Per Trip
DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69 * Storage charges are billed in advance, services billed in arrears. * Retrievals are limited to 50 items per day or additional fees may apply. * Fuel Surcharges apply to transportation activity and/or secure destruction services and will fluctuate depending on U.S. Department of Energy monthly statistics and industry scale. * Any services not quoted will be charged at the standard rates which are available upon request.

Schedule C
City Of Malibu
Media Vault Storage
Media Case Storage - Small $26.7115 Per Item
Media Case Storage - Large $1.2554 Per Item
Media Storage - Miscellaneous Media container $46.7451
Media Storage - Slotted Tape $0.6085 Per Item
Media Vault Services
Add New Tape $4.0726 Per Item
Media Handling / Permanent Removal Account Closing - per small container $10.6832 Retrieve Tape - Expedited (Priority Surcharge) $4.0062 Per Item Retrieve Small Media Case $4.0062 Per Item
Permanent Removal Tape $6.3059 Per Item
Retrieve Tape Container - Expedited (Priority Surcharge) $4.0062 Per Item Add New Media Case - Small $3.3385 Per Item
Permanent Removal Small Media Case $12.9756 Per Item
Shelve Tape $4.2732
Destruction - per Tape $8.2462 Per Item
Media Handling / Permanent Removal Account Closing - per individual item $2.0031 Shelve media container $4.2732
Retrieve Tape $4.9247 Per Item
Transportation Services
Transportation Handling - Tape Container $2.6707 Per Item Wait Time (Minimum 1/4 Hour) $20.4577 Each
Additional Stops (Multiple locations/recipients) $5.2497 Per Trip After Hours Emergency Delivery $274.8152 Per Trip
Unscheduled Next Day Media Delivery / Pickup $95.3855 Per Trip After Hours Media Transportation $286.1566 Per Trip
Rush Media Transportation $126.8626 Per Trip
Transportation Handling - File $2.1052 Per Item
Same Day Delivery / Pickup $76.3063 Per Trip
Order Preparation and Handling - Rush $20.4577
Transportation Handling - Tape $2.8304 Per Item
Scheduled Rotation $12.0852 Per Trip
Standard Delivery / Pickup $60.7630 Per Trip
Rush Delivery $163.1060 Per Trip
Transportation Handling - Container (per cu/ft) $2.7515 Per Cubic Foot DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69 * Storage charges are billed in advance, services billed in arrears. * Retrievals are limited to 50 items per day or additional fees may apply. * Fuel Surcharges apply to transportation activity and/or secure destruction services and will fluctuate depending on U.S. Department of Energy monthly statistics and industry scale. * Any services not quoted will be charged at the standard rates which are available upon request.

Schedule D
City Of Malibu
Conversion Services - Business Process
Third Party Shipping Fees $1.0000 Per Order
Minimum Monthly Invoice Charge $153.5761 Per Invoice
Conversion Services – Scan on Demand
Digital Document Delivery - Each Additional Page $0.1091 Scan on Demand - Rush Digital Delivery (per file) $31.4980 Per File Scan on Demand - Next Day Digital Delivery - per file $10.4993 Per File Scan on Demand - After Hours Delivery (per file) $41.9974 Per File Scan on Demand - Same Day Digital Delivery (per file) $15.7490 Per File DocuSign Envelope ID: 46CA0C42-963B-472D-8426-C7A51D6A7A69

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Renée Neermann, Finance Manager
Reviewed by: Joseph Toney, Assistant City Manager
Approved by: Steve McClary, City Manager
Date prepared: December 12, 2023 Meeting date: January 8, 2024 Subject: Amendment No. 7 to Agreement with Turbo Data Systems RECOMMENDED ACTION: Authorize the Mayor to execute Amendment No. 7 to the Professional Services agreement with Turbo Data Systems for Parking Citation Processing Services.

FISCAL IMPACT: No additional appropriation is required. Funding for this Amendment was included in the Adopted Budget for Fiscal Year 2023-24. This is a service-based contract and fees are deducted directly from parking citation revenue. The City currently processes on average between 25,000-30,000 parking citations a year and collects approximately $1.5 million a year in parking citation revenue. The current cost to process parking citations is approximately $119,000 a year.

WORK PLAN: This item was not included in the Adopted Work Plan for Fiscal Year 2023-24. This project is part of normal staff operations.

DISCUSSION: On November 24, 2014, the Council approved a Professional Services Agreement with Turbo Data to process parking citations. The services provided by Turbo Data Systems include smartphone ticket writers and thermal printers to issue tickets, as well a completely automated citation processing services; online access to all citation records from the time of issuance through resolution of the citation for both the citizen and City staff; digital imaging/archiving in accordance with the City's records retention schedules; paperless appeals; and complete administrative adjudication processing.

City Council Meeting
01-08-24
Item

3.B.10

On January 12, 2015, the Council approved Amendment No. 1 to the Agreement for bank management services, which included the processing of fee deposits and refunds, and issuance of monthly distributions to the County of Los Angeles.

On May 22, 2017, the Council approved Amendment No. 2 to the Agreement to upgrade the smartphone ticket writers to newer models and included the short-term rental of equipment to be used by the Sheriff’s Department summer enforcement team.

On February 13, 2018, the Council approved Amendment No. 3 to the Agreement to extend the term of the agreement for an additional three years until November 24, 2020.

On June 1, 2019, the Council approved Amendment No. 4 to the Agreement to lease two additional smartphone ticket writers.

On November 23, 2020, the Council approved Amendment No. 5 to the Agreement to extend the term of the agreement for an additional three years until November 23, 2023.

On April 11, 2022, the City Council approved updates to the schedule of parking citation fines, which included a new escalating fine for MMC 10.18 (oversized vehicles).

On August 8, 2022, the Council approved Amendment No. 6 to the Agreement to lease three additional smartphone ticket writers.

Over the years, Turbo Data has provided exceptional service to the City. Thus, to maintain consistency, staff recommend amending the agreement with Turbo Data Systems for an additional three years. The services provided by Turbo Data include processing citations, monthly reporting, the issuance of notices and letters, Department of Motor Vehicles (DMV) registration holds and releases, payment collection and administrative adjudication services. Conducting a Request for Proposal is not recommended as it is essential to maintain continuity of operations and retaining Turbo Data as the service provider is the most prudent course of action.

ATTACHMENTS:

1. Amendment No. 7 to Agreement with Turbo Data Systems 7 A.

B.

C.

D.

E.

F. C
G.

H.

A.

B.

C.

ATTEST:
(seal)
UHRING, Mayor

AMENDMENT NO. 7 TO AGREEMENT
THIS AMENDMENT NO. 7 TO AGREEMENT is made and entered in the City of Malibu on November 8, 2023, by and between the CITY OF MALIBU, hereinafter referred to as City, and Turbo Data Systems, Inc., hereinafter referred to as Consultant.

The City and the Consultant agree as follows:

R E C I T A L S
A. On November 24, 2014, the City entered into an Agreement with Consultant for certain projects related to Parking Citation Processing Services (the “Agreement”).

B. On January 12, 2015, the City entered into Amendment No. 1 to Agreement with Consultant to include Bank Account Management Services.

C. On May 22, 2017, the City entered into Amendment No. 2 to Agreement with Consultant to upgrade mobile ticket writer equipment.

D. On February 13, 2018, the City entered into Amendment No. 3 to Agreement with Consultant to extend the term of the agreement for an additional three years, until November 23, 2020.

E. On June 1, 2019, the City entered into Amendment No. 4 to Agreement with Consultant to lease two additional mobile ticket writers.

F. On November 25, 2020, the City entered into Amendment No. 5 to Agreement with Consultant to extend the term of the Agreement for an additional three years, until November 23, 2023.

G. On August 8, 2022, the City entered into Amendment No. 6 to Agreement with Consultant to lease three additional handheld ticket writers through November 23, 2023.

H. The City desires to amend the agreement to extend the term of the Agreement and continue the lease of the equipment for an additional three years, until November 23, 2026, and Consultant has submitted a proposal for this purpose that is acceptable to the City.

NOW THEREFORE, in consideration of their mutual promises, obligations and covenants hereinafter contained, the parties hereto agree as follows:

A. Section 2.0 – Term of the Consultant’s Services, is hereby amended to November 23, 2026.

B. The Parties agree that this Amendment will be considered signed when the signature of a party is delivered physically or by facsimile transmission or scanned and delivered via electronic mail. Such facsimile or electronic mail copies will be treated in all respects as having the same effect as an original signature.

C. All terms and conditions of the Agreement not amended by Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6 and this Amendment No. 7 remain in full force and effect.

DocuSign Envelope ID: C2907093-D94B-4647-B93B-DA0852C770D7 Amendment No. 7 to Agreement
Turbo Data Systems, Inc.

This Agreement is executed on , at Malibu, California, and effective as of November 24, 2023.

CITY OF MALIBU:
_____________________________________
STEVE MCCLARY, City Manager
ATTEST:
____________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
APPROVED AS TO FORM: CONSULTANT:
________________________________________ ____________________________________ TREVOR RUSIN, Interim City Attorney ROBERTA J. ROSEN
President, Turbo Data Systems, Inc.

DocuSign Envelope ID: C2907093-D94B-4647-B93B-DA0852C770D7 DocuSign Envelope ID: C2907093-D94B-4647-B93B-DA0852C770D7

Agenda Item # 3.B.11.

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Jorge Rubalcava, Senior Civil Engineer
Reviewed by: Robert Duboux, Public Works Director/City Engineer Approved by: Steve McClary, City Manager
Date prepared: December 6, 2023 Meeting date: January 8, 2024 Subject: Pacific Coast Highway Median Improvements Project RECOMMENDED ACTION: 1) Authorize the Mayor to execute an agreement with Stacy and Witbeck, Inc. in the amount of $1,362,986 for the Pacific Coast Highway (PCH) Median Improvements Project Specification No. 2049; and 2) Authorize the Public Works Director to approve potential change orders up to 20%.

FISCAL IMPACT: No additional appropriation is required. Funding for this agreement is included in the Adopted Budget for FY 2023-24 in Account No. 310-9059-5100 (PCH Median Improvements).

Project Estimate Project Funding
Design $1,214,844 Metro Measure R $5,750,000
Construction $1,362,986
Contingency $272,597 -
Total $2,850,427 Total $5,750,000
It is likely that this project will be completed under budget. Any remaining Metro Measure R funding will be reallocated to future transportation related projects.

STRATEGIC PRIORITY: This item is part of the day-to-day operations identified in the Adopted FY 2023-24 Strategic Priority Project List.

DISCUSSION: This project will consist of improving the existing raised median on Pacific Coast Highway between John Tyler Drive and Puerco Canyon Road. The project will include the construction of new stamped concrete within the raised median section, City Council Meeting
01-8-24
Item

3.B.11.

Agenda Item # 3.B.11.
new pavement striping and markers, and constructing storm drain improvements to improve drainage.

The project plans and specifications for the PCH Median Improvements Project, were completed and advertised for construction bids. On November 30, 2023, the City received five (5) construction bids. The following is a summary of the construction bids:

Contractor Bid Amount
Stacy and Witbeck, Inc. $1,362,986.00
Toro Enterprises Inc. $1,678,968.00
Beador Construction Company Inc. $1,779,700.00
Bosco Constructors Inc. $1,814,444.00
GMZ Engineering $ 2,735,951.00
This project is funded using Metro Measure R funds. The total funds available for this project is $5,750,000, which includes project design, construction, and construction management costs.

Stacy and Witbeck, Inc. was the lowest bidder for this project. Staff reviewed Stacy and Witbeck’s bid and found it to be in order and in conformance with the contract bid requirements. Staff has checked the contractor’s license with the Contractor’s State License Board and found it to be current and active. References contacted by staff have verified Stacy and Witbeck’s work and found their work to be satisfactory. Stacy and Witbeck are currently working on Caltrans’ Trancas Canyon Bridge repair project. Staff has determined that Stacy and Witbeck are qualified to complete the proposed work for the project.

Staff recommends the Council authorize the Mayor to execute an agreement with Stacy and Witbeck and authorize the Public Works Director to approve potential change orders up to 20% of the total contract amount. Once approved, staff will process the contract and issue a Notice to Proceed for the project.

ATTACHMENTS:

1. Public Works Agreement with Stacy and Witbeck, Inc.

CITY OF MALIBU

PUBLIC WORKS AGREEMENT
This Public Works Agreement (“Agreement”) is made and entered into as of the date executed by the Mayor and attested to by the City Clerk, by and between Stacy and Witbeck, Inc. (hereinafter referred to as “CONTRACTOR”) and the City of Malibu, California, a municipal corporation (hereinafter referred to as “CITY”).

R E C I T A L S
A. Pursuant to the Notice Inviting Sealed Bids for Pacific Coast Highway Median Improvements Project bids were received, publicly opened, and declared on the date specified in the notice.

B. On January 8, 2024, Malibu’s City Council declared CONTRACTOR to be the lowest responsible bidder and accepted the bid of CONTRACTOR.

C. The City Council has authorized the Mayor to execute a written contract with CONTRACTOR for furnishing labor, equipment and material for the Pacific Coast Highway Median Improvements Project in the City of Malibu.

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants herein contained, it is agreed:

1. GENERAL SCOPE OF WORK: CITY agrees to engage CONTRACTOR and CONTRACTOR agrees to furnish all necessary labor, tools, materials, appliances, and equipment for and do the work for the Pacific Coast Highway Median Improvements Project in the City of Malibu. The work shall be performed in accordance with the Plans and Specifications dated (and as generally described in the “Notice Inviting Bids,” attached as Exhibit A) and in accordance with bid prices set forth in CONTRACTOR’S Bid Proposal (attached as Exhibit B) and in accordance with the instructions of the City Engineer, or City’s Manager’s designee.

2. INCORPORATED DOCUMENTS TO BE CONSIDERED COMPLEMENTARY: The contract documents for the aforesaid project, a complete set of which is on file with the Malibu City Clerk’s Office, shall consist of the Notice Inviting Bids, Instructions to Bidders, Bid Proposal, Standard Specifications, Special Provisions, and all referenced specifications, details, standard drawings, and appendices; together with this Agreement and all required bonds, insurance certificates, permits, notices and affidavits; and also, including any and all addenda or supplemental agreements clarifying, amending, or extending the work contemplated as may be required to insure its completion in an acceptable manner. All of the provisions of said contract documents are made a part hereof as though fully set forth herein. This contract is intended to require a complete and finished piece of work and anything necessary to complete the work properly and in accordance with the law and lawful governmental regulations shall be performed by CONTRACTOR whether set out specifically in the contract or not. Should it be ascertained that any inconsistency exists between the aforesaid documents and this written agreement, the provisions of this Agreement, and the Standard Specifications, in Public Works Agreement
Stacy Witbeck, Inc.

that order, shall control. Collectively, these contract documents constitute the complete agreement between CITY and CONTRACTOR and supersede any previous agreements or understandings.

3. COMPENSATION: CONTRACTOR agrees to receive and accept the prices set forth in its Bid Proposal as full compensation for furnishing all materials, performing all work, and fulfilling all obligations hereunder. Said compensation shall cover all expenses, losses, damages, and consequences arising out of the nature of the work during its progress or prior to its acceptance including those for well and faithfully completing the work and the whole thereof in the manner and time specified in the aforesaid contract documents; and also including those arising from actions of the elements, unforeseen difficulties or obstructions encountered in the prosecution of the work, suspension or discontinuance of the work, and all other unknowns or risks of any description connected with the work.

4. TIME OF PERFORMANCE: CONTRACTOR agrees to complete the work within 90 consecutive working days from the date of the notice to proceed. By signing this Agreement, CONTRACTOR represents to CITY that the contract time is reasonable for completion of the work and that CONTRACTOR will complete such work within the contract time. In accordance with Government Code Section 53069.85, CONTRACTOR agrees to forfeit and pay CITY as liquidated damages, not as a penalty, the sum of $5,000 per day for each and every day of unauthorized delay beyond the completion date, which amount shall be deducted from any payments due or to become due the CONTRACTOR.

5. PREVAILING WAGES:

A. Pursuant to Labor Code Section 1720, and as specified in Title 8, California Code of Regulations, Section 16000 et seq., CONTRACTOR must pay its workers prevailing wages. It is CONTRACTOR’s responsibility to interpret and implement any prevailing wage requirements and CONTRACTOR agrees to pay any penalty or civil damages resulting from a violation of the prevailing wage laws.

B. In accordance with Labor Code Section 1773.2, copies of the prevailing rate of per diem wages are available upon request from CITY’s Engineering Division or the website for State of California Prevailing wage determination at http://www.dir.ca.gov/DLSR/PWD. CONTRACTOR must post a copy of the prevailing rate of per diem wages at the job site.

C. CITY directs CONTRACTOR’s attention to Labor Code Sections 1777.5, 1777.6 and 3098 concerning the employment of apprentices by CONTRACTOR or any subcontractor.

D. Labor Code Section 1777.5 requires CONTRACTOR or subcontractor employing tradesmen in any apprenticeship occupation to apply to the joint apprenticeship committee nearest the site of the public works project and which administers the Public Works Agreement
Stacy Witbeck, Inc.

apprenticeship program in that trade for a certificate of approval. The certificate must also fix the ratio of apprentices to journeymen that will be used in the performance of the contract. The ratio of apprentices to journeymen in such cases will not be less than one to five except:
(1) When employment in the area of coverage by the joint apprenticeship committee has exceeded an average of 15 percent in the 90 days before the request for certificate, or
(2) When the number of apprentices in training in the area exceeds a ratio of one to five, or
(3) When the trade can show that it is replacing at least 1/30 of its membership through apprenticeship training on an annual basis state-wide or locally, or
(4) When CONTRACTOR provides evidence that CONTRACTOR employs registered apprentices on all of his contracts on an annual average of not less than one apprentice to eight journeymen.
(5) CONTRACTOR is required to make contributions to funds established for the administration of apprenticeship programs if CONTRACTOR employs registered apprentices or journeymen in any apprenticeable trade on such contracts and if other contractors on the public works site are making such contributions.
(6) CONTRACTOR and any subcontractor must comply with Labor Code Sections 1777.5 and 1777.6 in the employment of apprentices. (7) Information relative to apprenticeship standards, wage schedules and other requirements may be obtained from the Director of Industrial Relations (DIR), ex-officio the Administrator of Apprenticeship, San Francisco, California, or from the Division of Apprenticeship Standards and its branch offices.

E. CONTRACTOR and its subcontractors must keep an accurate certified payroll records showing the name, occupation, and the actual per diem wages paid to each worker employed in connection with this Agreement. The record will be kept open at all reasonable hours to the inspection of the body awarding the contract and to the Division of Labor Law Enforcement. If requested by CITY, CONTRACTOR must provide copies of the records at its cost.

F. CONTRACTOR and its subcontractors must comply with Labor Code Sections 1725.5 and 1777.1, including the requirement that registration with the DIR be maintained through the term of the Project. The City may, from time to time, request evidence of current registration.

Public Works Agreement
Stacy Witbeck, Inc.

6. LEGAL HOURS OF WORK: Eight (8) hours of labor shall constitute a legal day's work for all workmen employed in the execution of this contract, and CONTRACTOR and any subcontractor under it shall comply with and be governed by the laws of the State of California having to do with working hours set forth in Division 2, Part 7, Chapter 1, Article 3 of the Labor Code of the State of California as amended.

CONTRACTOR shall forfeit, as a penalty to CITY, twenty-five dollars ($25.00) for each laborer, workman or mechanic employed in the execution of the contract, by him or any subcontractor under it, upon any of the work hereinbefore mentioned, for each calendar day during which the laborer, worker or mechanic is required or permitted to labor more than eight (8) hours in violation of the Labor Code.

7. TRAVEL AND SUBSISTENCE PAY: CONTRACTOR agrees to pay travel and subsistence pay to each worker needed to execute the work required by this Agreement as such travel and subsistence payments are defined in the applicable collective bargaining agreements filed in accordance with Labor Code Section 1773.8.

8. CONTRACTOR'S LIABILITY: The City of Malibu and its officers, agents and employees (“Indemnitees”) shall not be answerable or accountable in any manner for any loss or damage that may happen to the work or any part thereof, or for any of the materials or other things used or employed in performing the work; or for injury or damage to any person or persons, either workers or employees of CONTRACTOR, of its subcontractors or the public, or for damage to adjoining or other property from any cause whatsoever arising out of or in connection with the performance of the work.

CONTRACTOR shall be responsible for any damage or injury to any person or property resulting from defects or obstructions or from any cause whatsoever.

CONTRACTOR will indemnify Indemnities against and will hold and save Indemnitees harmless from any and all actions, claims, damages to persons or property, penalties, obligations or liabilities that may be asserted or claimed by any person, firm, entity, corporation, political subdivision, or other organization arising out of or in connection with the work, operation, or activities of CONTRACTOR, its agents, employees, subcontractors or invitees provided for herein, whether or not there is concurrent passive negligence on the part of CITY. In connection therewith:
a. CONTRACTOR will defend any action or actions filed in connection with any such claims, damages, penalties, obligations or liabilities and will pay all costs and expenses, including attorneys' fees, expert fees and costs incurred in connection therewith.
b. CONTRACTOR will promptly pay any judgment rendered against CONTRACTOR or Indemnitees covering such claims, damages, penalties, obligations and liabilities arising out of or in connection with such work, operations or activities of CONTRACTOR hereunder, and CONTRACTOR agrees to save and hold the Indemnitees harmless therefrom.

Public Works Agreement
Stacy Witbeck, Inc.

c. In the event Indemnitees are made a party to any action or proceeding filed or prosecuted against CONTRACTOR for damages or other claims arising out of or in connection with the work, operation or activities hereunder, CONTRACTOR agrees to pay to Indemnitees and any all costs and expenses incurred by Indemnitees in such action or proceeding together with reasonable attorneys' fees.

CONTRACTOR'S obligations under this section apply regardless of whether or not such claim, charge, damage, demand, action, proceeding, loss, stop notice, cost, expense, judgment, civil fine or penalty, or liability was caused in part or contributed to by an Indemnitee. However, without affecting the rights of CITY under any provision of this agreement, Contractor shall not be required to indemnify and hold harmless CITY for liability attributable to the active negligence of CITY, provided such active negligence is determined by agreement between the parties or by the findings of a court of competent jurisdiction. In instances where CITY is shown to have been actively negligent and where CITY active negligence accounts for only a percentage of the liability involved, the obligation of Contractor will be for that entire portion or percentage of liability not attributable to the active negligence of City.

So much of the money due to CONTRACTOR under and by virtue of the contract as shall be considered necessary by CITY may be retained by CITY until disposition has been made of such actions or claims for damages as aforesaid.

It is expressly understood and agreed that the foregoing provisions are intended to be as broad and inclusive as is permitted by the law of the State of California. This indemnity provision shall survive the termination of the Agreement and is in addition to any other rights or remedies which Indemnitees may have under the law.

This indemnity is effective without reference to the existence or applicability of any insurance coverage which may have been required under this Agreement or any additional insured endorsements which may extend to Indemnitees.

CONTRACTOR, on behalf of itself and all parties claiming under or through it, hereby waives all rights of subrogation and contribution against the Indemnitees, while acting within the scope of their duties, from all claims, losses and liabilities arising out of or incident to activities or operations performed by or on behalf of the CONTRACTOR regardless of any prior, concurrent, or subsequent passive negligence by the Indemnitees.

9. THIRD PARTY CLAIMS. In accordance with Public Contracts Code Section 9201, CITY will promptly inform CONTRACTOR regarding third-party claims against CONTRACTOR, but in no event later than ten (10) business days after CITY receives such claims. Such notification will be in writing and forwarded in accordance with the “Notice” section of this Agreement. As more specifically detailed in the contract documents, CONTRACTOR agrees to indemnify and defend the City against any thirdparty claim.

Public Works Agreement
Stacy Witbeck, Inc.

10. WORKERS COMPENSATION: In accordance with California Labor Code Sections 1860 and 3700, CONTRACTOR and each of its subcontractors will be required to secure the payment of compensation to its employees. In accordance with the provisions of California Labor Code Section 1861, CONTRACTOR, by signing this contract, certifies as follows: “I am aware of the provisions of Section 3700 of the Labor Code which require every employer to be insured against liability for worker's compensation or to undertake self-insurance in accordance with the provisions of that code, and I will comply with such provisions before commencing the performance of the work of this contract.”

11. INSURANCE: With respect to performance of work under this contract, CONTRACTOR shall maintain and shall require all of its subcontractors to maintain insurance as required in the Standard Specifications.

12. ASSIGNMENT: This contract is not assignable nor the performance of either party's duties delegable without the prior written consent of the other party. Any attempted or purported assignment or delegation of any of the rights of obligations of either party without the prior written consent of the other shall be void and of no force and effect.

14. INDEPENDENT CONTRACTOR: CONTRACTOR is and shall at all times remain as to the CITY, a wholly independent contractor. Neither the CITY nor any of its agents shall have control of the conduct of CONTRACTOR or any of CONTRACTOR'S employees, except as herein set forth. CONTRACTOR shall not at any time or in any manner represent that it or any of its agents or employees are in any manner agents or employees of CITY.

15. TAXES: CONTRACTOR is responsible for paying all retail sales and use, transportation, export, import, special or other taxes and duties applicable to, and assessable against any work, materials, equipment, services, processes and operations incidental to or involved in this contract. CONTRACTOR is responsible for ascertaining and arranging to pay them. The prices established in the contract shall include compensation for any taxes CONTRACTOR is required to pay by laws and regulations in effect at the bid opening date.

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

CONTRACTOR shall maintain a City of Malibu business license, if required under CITY ordinance.

17. RECORDS: CONTRACTOR shall maintain accounts and records, including personnel, property, and financial records, adequate to identify and account for all costs pertaining Public Works Agreement
Stacy Witbeck, Inc.

to this Agreement and such other records as may be deemed necessary by CITY or any authorized representative, and will be retained for three years after the expiration of this Agreement. All such records shall be made available for inspection or audit by CITY at any time during regular business hours.

18. SEVERABILITY. If any portion of these contract documents are declared by a court of competent jurisdiction to be invalid or unenforceable, then such portion will be deemed modified to the extent necessary in the opinion of the court to render such portion enforceable and, as so modified, such portion and the balance of this Agreement will continue in full force and effect provided that it does not frustrate the mutual intent of the parties herein.

19. WHOLE AGREEMENT: This Agreement supersedes any and all other agreements either oral or written, between the parties and contains all of the covenants and agreements between the parties pertaining to the work of improvements described herein.

Each party to this contract acknowledges that no representations, inducements, promises or agreements, orally or otherwise, have been made by any party, or anyone acting on behalf of any party, which are not embodied herein, and that any other agreement, statements or promise not contained in this contract shall not be valid or binding. Any modifications of this contract will be effective only if signed by the party to be charged.

20. AUTHORITY: CONTRACTOR affirms that the signatures, titles, and seals set forth hereinafter in execution of this Agreement represent all individuals, firm members, partners, joint ventures, and/or corporate officers having a principal interest herein. Each party warrants that the individuals who have signed this Agreement have the legal power, right, and authority to make this Agreement and to bind each respective party. This Agreement may be modified by written amendment. CITY’s City Manager may execute any such amendment on CITY’s behalf.

21. NOTICES: All notices permitted or required under this Agreement shall be in writing, and shall be deemed made when delivered to the applicable party’s representative as provided in this Agreement. Additionally, such notices may be given to the respective parties at the following addresses, or at such other addresses as the parties may provide in writing for this purpose.

Such notices shall be deemed made when personally delivered or when mailed forty-eight (48) hours after deposit in the U.S. mail, first-class postage prepaid, and addressed to the party at its applicable address. Courtesy copies of notices may be sent via electronic mail, provided that the original notice is deposited in the U.S. mail or personally delivered as specified in this Section.

CITY OF MALIBU
23825 Stuart Ranch Road
Malibu, CA 90265
Attn: Robert DuBoux, Public Works Director/City Engineer Public Works Agreement
Stacy Witbeck, Inc.

CONTRACTOR
Stacy Witbeck, Inc
2800 Harbor Bay Parkway
Alameda, CA 94502

22. DISPUTES. Disputes arising from this contract will be determined in accordance with the contract documents and Public Contracts Code Sections 10240-10240.13.

23. NON-DISCRIMINATION: No discrimination shall be made in the employment of persons in the work contemplated by this Agreement because of race, religion, color, medical condition, sex, sexual orientation, national origin, political affiliation or opinion, or pregnancy or pregnancy-related condition. A violation of this section exposes CONTRACTOR to the penalties provided for in Labor Code Section 1735.

24. NO THIRD PARTY BENEFICIARY. This Contract and every provision herein is for the exclusive benefit of the Contractor and the City and not for the benefit of any other party. There will be no incidental or other beneficiaries of any of the Contractor’s or the City’s obligations under this Contract.

25. TIME IS OF ESSENCE. Time is of the essence for each and every provision of the Contract Documents.

26. ACCEPTANCE OF FACSIMILE OR ELECTRONIC SIGNATURES. The Parties agree that this Contract, agreements ancillary to this Contract, and related documents to be entered into in connection with this Contract will be considered signed when the signature of a party is delivered by facsimile transmission or scanned and delivered via electronic mail. Such facsimile or electronic mail copies will be treated in all respects as having the same effect as an original signature.

27. GOVERNING LAW: This Agreement shall be governed by the laws of the State of California, and exclusive venue for any action involving this Contract will be in Los Angeles County.

4 NOTICE INVITING BIDS
NOTICE IS HEREBY GIVEN that sealed bids for the City of Malibu, PACIFIC COAST HIGHWAY MEDIAN IMPROVEMENTS PROJECT – JOHN TYLER DRIVE TO PUERCO CANYON ROAD SPECIFICATION NO. 2049, will be received by the City Clerk, at Malibu City Hall, 23825 Stuart Ranch Road, Malibu California, 90265, at or before 3:30 p.m. on Thursday, November 30, 2023 at which time they will be publicly opened and read by the City Clerk (or designated representative).

SCOPE OF WORK
In general, the proposed improvements consist of median modifications for approximately 1 mile on Pacific Coast Highway between John Tyler Drive and Puerco Canyon Road.

The improvements include modifying the existing curbed median by installing stamped concrete, roadway excavation, asphalt pavement, striping and signage, pavement markers, pavement markers and thermoplastic striping removal, new storm drain system, storm drain removal, adjusting utility covers, potholing, temporary traffic control, and all other appurtenant work included and shown in the Contract Documents and Specifications.

The bid shall be submitted, and the work shall be performed by a Class “A” State of California licensed contractor in strict conformance with the project specifications for PACIFIC COAST HIGHWAY MEDIAN IMPROVEMENTS PROJECT – JOHN TYLER DRIVE TO PUERCO CANYON ROAD Specification No. 2049 now on file in the City’s Public Works Department.

An electronic copy of plans and specifications may be obtained by prospective bidders from the Public Works Department through [email protected].

All prospective bidders shall abide by the provisions of the Bid Terms and Conditions listed in the project’s specifications.

The City reserves the right to retain all bids for a period of 90 days after the bid opening date for examination and comparison and to delete any portion of the work from the Contract. The City reserves the right to determine and waive nonsubstantial irregularities in any bid, and to reject any or all bids. The bid shall be balanced so that each bid item is priced to carry its share of the cost of the work and also its share of the contractor’s overhead and profit. The City reserves the right to delete any bid item to the extent that the bid is qualified by specific limitation. An unbalanced bid shall be considered as grounds for rejecting the entire bid. The City shall award the bid to the lowest responsible bidder as the interest of the City may require.

In accordance with the provisions of Division 2, Part 7, Chapter 1 of the California Labor Code, the California Department of Industrial Relations has established the general prevailing rates of per diem wages for each craft, classification and type of work needed to execute contracts for public works and improvements. The per diem wages published at the date the contract is advertised for bids shall be applicable. Future effective wage rates which have been predetermined are on file with the Department of Industrial Relations, are referenced but not printed in said publication. The new wage rates shall become effective on the day following the expiration date and apply to this contract in the same manner as if they had been included or referenced in this contract. The website for California Department of Industrial Relations Prevailing Wage Unit is currently located at

EXHIBIT A
5 www.dir.ca.gov, prevailing wages are located on the website at http://www.dir.ca.gov/dlsr/pwd/index.htm.

The wage rate for any classification not listed by the California Department of Industrial Relations, but which may be required to execute the proposed contract, shall be in accord with specified rates for similar or comparable classifications or for those performing similar or comparable duties, within the agency’s determinations.

At the time of submitting the bid the Bidder shall be registered with the California Department of Industrial Relations in accordance with the provisions of Section 1771.1 of the California Labor Code, as amended by Senate Bill 854. No public work contract may be awarded to a non-registered contractor or subcontractor.

Without exception, the bidder is required to state the name and address of each subcontractor who will perform work or labor or render service to the prime contractor and the portion of the work which each will do in their bid as required by Section 2-3, "Subcontracts", of the Standard Specifications and in conformance with Public Contract Code, Sections 4100 to 4113, inclusive.

The City will not consider awarding any contract based upon any bid submitted by any contractor nor consent to subletting any portions of the Contract to any subcontractor located in a foreign country during any period in which such foreign country is listed by the United States Trade Representative as discriminating against U.S. firms in conducting procurements for public works projects.

All bidders are hereby notified that any contract entered into pursuant to this advertisement, Business Enterprises must be afforded full opportunity to submit bids in response to this invitation and will not be discriminated against on the grounds of race, color or national origin consideration for an award.

The Contractor may substitute securities for retention monies pursuant to Public Contract Code Section 22300.

Date this 26th of October, 2023

CITY OF MALIBU, CALIFORNIA
__________________________________________________
Robert DuBoux, Public Works Director/City Engineer
Published: Malibu Times on November 2 and November 9, 2023

EXHIBIT B

SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE

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

INSURER(S) AFFORDING COVERAGE
INSURER F :

INSURER E :

INSURER D :

INSURER C :

INSURER B :

INSURER A : NAIC #
NAME: CONTACT
(A/C, No): FAX
E-MAIL ADDRESS:

PRODUCER
(A/C, No, Ext): PHONE

INSURED
COVERAGES CERTIFICATE NUMBER: REVISION NUMBER:

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

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

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

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

OTHER:
(Per accident)
(Ea accident)
$
$
N / A

SUBR WVDADDL
INSD

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

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

AUTOS ONLY

AUTOS ONLY AUTOS NON-OWNED OWNED SCHEDULED

ANY AUTO

AUTOMOBILE LIABILITY

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

ANY PROPRIETOR/PARTNER/EXECUTIVE
$
$
$ E.L. DISEASE - POLICY LIMIT E.L. DISEASE - EA EMPLOYEEE.L. EACH ACCIDENT EROTH- STATUTE PER
(MM/DD/YYYY) LIMITS POLICY EXP(MM/DD/YYYY) POLICY EFFLTR TYPE OF INSURANCE POLICY NUMBER INSR
DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required)

EXCESS LIAB
UMBRELLA LIAB EACH OCCURRENCE $ AGGREGATE $
$
OCCUR
CLAIMS-MADE DED RETENTION $
PRODUCTS - COMP/OP AGG $ GENERAL AGGREGATE $ PERSONAL & ADV INJURY $ MED EXP (Any one person) $
EACH OCCURRENCE $ DAMAGE TO RENTED
PREMISES (Ea occurrence) $ COMMERCIAL GENERAL LIABILITY CLAIMS-MADE OCCUR GEN'L AGGREGATE LIMIT APPLIES PER: POLICY PRO- JECT LOC

CERTIFICATE OF LIABILITY INSURANCE DATE (MM/DD/YYYY)

CANCELLATION

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

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

AUTOS ONLY
12/6/2023
Woodruff-Sawyer & Co.
50 California Street, Floor 12
San Francisco CA 94111
Chris Kelley 415-402-6521 415-989-9923 [email protected] Hartford Fire Insurance Company 19682 STACWIT-01 Hartford Casualty Insurance Company 29424 Stacy and Witbeck, Inc.
2800 Harbor Bay Parkway
Alameda, CA 94502
702040514
A X 2,000,000 X 1,000,000 25,000 2,000,000 4,000,000 X
Y 57CSEQU2711 11/30/2023 11/30/2024
4,000,000
A 2,000,000 X
X X
57CSEQU2712 11/30/2023 11/30/2024
B X 5,000,000 X
57HHUQU3760 11/30/2023 11/30/2024
5,000,000
B X
N
57WNBQU2710 11/30/2023 11/30/2024
1,000,000 1,000,000 1,000,000
Re: Public Works Agreement - Highway 1 Pacific Coast Highway (PCH) Improvements. City of Malibu are additional insured per the attached forms, wherein coverage is Primary and Non-Contributory. Policies contain a 30 day notice of cancellation and a 10 day notice of cancellation for non-payment of premium.

City of Malibu
23825 Stuart Ranch Road
Malibu CA 90265

Agenda Item # 3.B.12
Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Luis Flores, Public Safety Liaison
Reviewed by: Susan Dueñas, Public Safety Director
Approved by: Steve McClary, City Manager
Date prepared: December 13, 2023 Meeting date: January 8, 2024 Subject: Emergency Purchase of Lidar Speed Guns
RECOMMENDED ACTION: Receive and file a report on an emergency purchase of lidar speed guns for traffic enforcement services.

FISCAL IMPACT: No additional appropriation is required. Funding for this project is included in the Adopted Budget for FY 2023-24 in Account No. 100-7021-6160-00 (Operating Supplies).

STRATEGIC PRIORITY: This item is part of the day-to-day operations identified in the Adopted FY 2023-24 Strategic Priority Project List.

DISCUSSION: At the November 13, 2023, Regular City Council Meeting, the Council adopted Resolution No. 23-52 declaring the existence of a local emergency due to the increase in reckless and illegal driving on PCH. While $25,000 is the standard threshold for contracts that must be approved by the City Council, the City’s purchasing ordinance (Chapter 2.56) allows for greater flexibility when making purchases for supplies or services in response to a local emergency. This provision allows the City to act expediently when addressing and mitigating the danger posed by a local emergency.

Following the horrific tragedy of losing four Pepperdine students who were hit by a speeding car on PCH, additional traffic enforcement and effective speed measuring equipment has become a priority. Enforcement of traffic laws is greatly enhanced by speed measuring equipment, which collects evidence for speeding, tailgating, and distracted driving violations.

City Council Meeting
01-08-24
Item

3.B.12

Agenda Item # 3.B.12
Therefore, under the authority of the emergency declaration, the City Manager acquired four lidar speed guns equipped with a digital video camera to record hazardous driving behaviors, costing $27,960.68. Acquisition of this equipment will support the Los Angeles County Sheriff’s Department's increased traffic enforcement efforts within the City.

ATTACHMENTS: None.

Agenda Item # 3.B.12
Supplemental
Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Susan Dueñas, Public Safety Director
Approved by: Steve McClary, City Manager
Date prepared: January 2, 2024 Meeting date: January 8, 2024 Subject: Emergency Purchase of Lidar Speed Guns
RECOMMENDED ACTION: Receive and file a report on an emergency purchase of lidar speed guns for traffic enforcement services.

FISCAL IMPACT: No additional appropriation is required. Funding for this project is included in the Adopted Budget for FY 2023-24 in Account No. 100-7021-6160-00 (Operating Supplies).

STRATEGIC PRIORITY: This item is part of the day-to-day operations identified in the Adopted FY 2023-24 Strategic Priority Project List.

DISCUSSION: The purpose of this report is to update the number and cost of the lidar speed guns that were purchased. After posting the agenda, the purchase order was increased from (4) speed guns costing $27,960.68 to (6) speed guns costing $41,941.01.

In preparing to establish the California Highway Patrol (CHP) Traffic Safety Task Force, staff was informed that CHP officers do not always have access to a speed gun. Therefore, two additional speed guns were added to the purchase order. The Los Angeles County Sheriff’s Department (LASD) will hold the additional speed guns and CHP will borrow them from LASD when they are unable to access one from their agency.

ATTACHMENTS: None.

City Council Meeting
01-08-24
Item

3.B.12
City of Malibu
Memorandum

Agenda Item # 3.B.13.

To: Mayor Uhring and the Honorable Members of the City Council From: Ruth F. Quinto, CPA, City Treasurer
Subject: Investment Report for the Month Ending November 30, 2023 RECOMMENDED ACTION: Receive the Investment Report for the month ending November 30, 2023.

The portfolio is in compliance with the City’s Investment Policy. The City has sufficient liquidity to meet expenditure requirements for at least six months. This monthly Investment Report is in conformance with Government Code 53636, stating the Treasurer may render a quarterly report to the legislative body within 45 days following the end of the quarter covered by the report.

The City’s portfolio is invested in the following categories:

Cash and Cash Equivalents 13.42%
U.S. Treasury 76.67%
U.S. Agencies 0.00%
Certificates of Deposit 9.91%
Investments month to month:

Investment
Issuer/Instrument Type
October 31, 2023 November 30, 2023
Amount
(in millions) Yield(A) %
Amount
(in millions) Yield(A) %
Operating Cash Cash $ 5.84 4.68% 6.06% $ 6.26 4.68% 6.44% LAIF Cash $ 2.14 3.79% 2.23% $ 2.14 3.93% 2.20%
CDs Investment $10.87 4.68% 11.29% $ 9.64 4.62% 9.91%
Treasury Bills Investment $ 0.00 0.00% 0.00% $ 0.00 0.00% 0.00% Treasury Notes Investment $72.66 4.41% 75.47% $74.59 4.41% 76.67% Money Market Cash $ 4.77 5.15% 4.95% $ 4.65 5.36% 4.78% Blended Yield 4.48% 4.49%
Total Duration(Years) 1.23 1.23
(A)Yield is based on Purchase Yield for Treasury Bills
2-Year U.S. Treasury Note Benchmark, as of November 30, 2023: 4.73% The fair market value of all investments held by the City is $97,288,995 as of November 30, 2023.

ATTACHMENTS:

1. City of Malibu Portfolio Statement

2. City of Malibu Investment Portfolio Report
City Council Meeting
1-08-24
Item

3.B.13.

December 1, 2023
Portfolio Report
Prepared for: City of Malibu
Prepared by: William Gomberg
Managing Partner
Gomberg/McQuilkin Wealth Mangement Group
701 S. Parker Street
Suite 2500
Orange, CA 92868
This report is prepared by your Financial Advisor using software provided by Wells Fargo Advisors. Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN), a registered broker-dealer and nonbank affiliate of Wells Fargo and Company. WFAFN uses the trade name Wells Fargo Advisors. © 2023. London Stock Exchange Group. All rights reserved. Page 1 of 38 Portfolio Reports City of Malibu
Table Of Contents
Cover Page 1
Accounts Included in the Report 3
Portfolio Summary 4
Portfolio Summary - Security Detail 5
Portfolio Estimated Income 8
Fixed Income Overview 10
Fixed Income Statistics 13
Fixed Income Credit 19
Fixed Income Analytics 20
Ratings Distribution 21
Redemption Distribution 23
Redemption Distribution Rolling 12 Months 25
Duration Distribution 27
Coupon Distribution 29
Understanding Your Portfolio 31
Disclosures 34
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 2 of 38 Portfolio Reports City of Malibu
Accounts Included in the Report
Account Number Account Name Account Nickname Tax Status Int/Ext Last Updated XXXX7847 CITY OF MALIBU Exempt Internal 11/30/2023
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 3 of 38 Portfolio Reports City of Malibu
Portfolio Summary
By: Security Sub Type
Bond (94.76%)
Fund (5.23%)
Cash Alternative (0.01%)
Total
$ %
Bond 84,229,781 94.8%
CITY OF MALIBU (XXXX7847) 84,229,781 94.8%
Fund 4,648,267 5.2%
CITY OF MALIBU (XXXX7847) 4,648,267 5.2%
Cash Alternative 5,392 0.0%
CITY OF MALIBU (XXXX7847) 5,392 0.0%
Portfolio Summary Total 88,883,440 100.0%
Total Portfolio Value as of 11/30/23:__$ 88,883,440
This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 4 of 38 Portfolio Reports City of Malibu
Portfolio Summary - Security Detail
By: Security Sub Type
Bond (94.76%)
Fund (5.23%)
Cash Alternative (0.01%)
Total
ID Description Quantity Price $ %
Bond 84,229,781 94.8%
CITY OF MALIBU (XXXX7847) 84,229,781 94.8%
02007GM34 ALLY BANK 5.25% 032425 250,000 99.71 249,268 0.3% 02589ABV3 AMERICAN 2.05% 032425 200,000 95.70 191,400 0.2% 02519ACB1 AMERICAN COM 5% 060625 250,000 100.00 250,000 0.3% 02589AET5 AMERICAN E 5.1% 052324 50,000 99.79 49,895 0.1% 045491NU7 ASSOCIATE 5.15% 052124 250,000 99.81 249,535 0.3% 06251A5N6 BANK HAPO 5.05% 112624 250,000 99.49 248,728 0.3% 062683HE0 BANK HOPE 5.25% 122623 250,000 99.99 249,975 0.3% 06051VT89 BANK OF A 5.15% 052324 250,000 99.81 249,533 0.3% 06063HRH8 BANK OF BA 5.5% 092724 250,000 99.90 249,750 0.3% 06418CHC3 BANK OZK 5% 012224 250,000 99.96 249,895 0.3% 06740KRN9 BARCLAYS B 5.4% 032124 250,000 99.95 249,863 0.3% 07371DRD1 BEAL BANK 4.75% 022124 250,000 99.82 249,553 0.3% 05600XQK9 BMO HARRI 4.85% 052725 250,000 99.18 247,960 0.3% 05580AX58 BMW BK N A 5.1% 091725 250,000 99.58 248,955 0.3% 10421AAB3 BRADESCO B 5.2% 030424 250,000 99.92 249,800 0.3% 14042RLZ2 CAPITAL ONE 2.5% 061924 250,000 98.41 246,013 0.3% 15118RTH0 CELTIC BANK 2% 122727 250,000 87.77 219,415 0.2% 15987UAU2 CHARLES S 5.35% 032224 250,000 99.88 249,705 0.3% 75524KQH0 CITIZENS B 5.3% 032124 250,000 99.92 249,790 0.3% 99000QQW7 COMENITY BANK 2% 031826 200,000 93.07 186,131 0.2% 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 5 of 38 Portfolio Reports City of Malibu
Total
ID Description Quantity Price $ %
20033AZ58 COMENITY C 2.5% 062724 125,000 98.34 122,929 0.1% 200339FB0 COMERICA 5.25% 093024 250,000 99.75 249,363 0.3% 23204HNC8 CUSTOMERS 4.7% 081624 250,000 99.39 248,480 0.3% 254673Z66 DISCOVER 4.95% 111626 200,000 99.54 199,082 0.2% 359899AN1 FULTON BA 5.35% 062424 250,000 99.96 249,888 0.3% 38150VHQ5 GOLDMAN SACH 5% 052224 250,000 99.75 249,363 0.3% 41024LBS7 HANCOCK W 5.25% 022624 250,000 99.94 249,845 0.3% 42234FDP8 HEARTLAND 5.45% 042924 250,000 100.00 250,008 0.3% 564759RJ9 MANUF & TR 4.9% 120924 250,000 99.36 248,400 0.3% 61760ASZ3 MORGAN ST 3.55% 120623 250,000 99.94 249,855 0.3% 61690DEM6 MORGAN STA 5.5% 092624 250,000 99.90 249,753 0.3% 67523TCE1 OCEANFIRS 5.15% 032124 250,000 99.87 249,680 0.3% 759701BH7 RENASANT B 5.3% 032124 250,000 99.92 249,790 0.3% 80280JVQ1 SANTANDER 5.25% 031524 250,000 99.91 249,765 0.3% 856285V81 STATE BAN 4.95% 120225 250,000 99.36 248,410 0.3% 87165HX21 SYNCHRONY BA 5% 032426 250,000 99.49 248,720 0.3% 88241TMC1 TEXAS EXC 1.10% 102926 250,000 89.11 222,768 0.3% 90348JX96 UBS BANK 1.15% 120826 250,000 88.89 222,225 0.3% 90354KBV9 US BANK NA 5.1% 052324 250,000 99.79 249,475 0.3% 91282CFK2 UST NTS 3.5 091525 19,120,000 97.79 18,697,830 21.0% 91282CCW9 UST NTS .75% 083126 4,000,000 90.41 3,616,560 4.1% 91282CEF4 UST NTS 2.5% 033127 4,000,000 94.13 3,765,120 4.2% 91282CEK3 UST NTS 2.5% 043024 1,000,000 98.82 988,160 1.1% 91282CCX7 UST NTS .375% 091524 4,000,000 96.25 3,849,840 4.3% 912828B66 UST NTS 2.75% 021524 4,422,000 99.46 4,398,298 4.9% 91282CDZ1 UST NTS 1.5% 021525 5,215,000 95.84 4,998,212 5.6% 9128283D0 UST NTS 2.25% 103124 10,360,000 97.35 10,085,564 11.3% 91282CFE6 UST NTS 3.125% 081525 1,465,000 97.23 1,424,420 1.6% 91282CGD7 UST NTS 4.25% 123124 4,290,000 99.04 4,248,602 4.8% 91282CED9 UST NTS 1.75% 031525 9,330,000 95.95 8,952,042 10.1% 912828W71 UST NTS 2.125% 033124 4,000,000 98.96 3,958,280 4.5% 9128286L9 UST NTS 2.25% 033126 4,000,000 94.87 3,794,840 4.3% 91282CFH9 UST NTS 3.125% 083127 1,894,000 95.63 1,811,138 2.0% 947547US2 WEBBANK 5.25% 031924 250,000 99.90 249,758 0.3% 949764CT9 WELLS FARG 4.9% 052325 250,000 99.27 248,163 0.3% Fund 4,648,267 5.2%
CITY OF MALIBU (XXXX7847) 4,648,267 5.2%
FRSXX FIDELITY TREAS INSTL 4,648,267 1.00 4,648,267 5.2% Cash Alternative 5,392 0.0%
CITY OF MALIBU (XXXX7847) 5,392 0.0%
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 6 of 38 Portfolio Reports City of Malibu
Total
ID Description Quantity Price $ %
- Cash Alternative 5,392 1.00 5,392 0.0%
Portfolio Summary Total 88,883,440 100.0%
Total Portfolio Value as of 11/30/23:__$ 88,883,440
This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 7 of 38 Portfolio Reports City of Malibu
Portfolio Estimated Income
By: Account Tax Status,Tax Type,Security Sub Type
Based on current income rates
0 100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
Est Income($)
Dec
2023
Jan
2024
Feb
2024
Mar
2024
Apr
2024
May
2024
Jun
2024
Jul
2024
Aug
2024
Sep
2024
Oct
2024
Nov
2024
Month
Tax Exempt Accounts Unassigned
Sec
Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024 Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Estimated
Income
Annualzd($)
Tax Exempt
Accounts 56 145,308 25,434 219,483 715,398 161,448 95,051 131,014 23,999 136,562 598,336 140,549 41,574 2,434,156 Taxable 42 54,146 25,434 52,084 154,160 32,398 95,051 39,852 23,999 29,966 79,599 23,999 41,574 652,260 Corporate
Bond 41 33,384 4,671 31,322 133,398 11,636 74,288 19,090 3,236 9,203 58,836 3,236 20,812 403,112 Money Market
Fund 1 20,762 20,762 20,762 20,762 20,762 20,762 20,762 20,762 20,762 20,762 20,762 20,762 249,147 Federal 14 91,163 167,399 561,238 129,050 91,163 106,597 518,738 116,550 1,781,896 Government
Bond 14 91,163 167,399 561,238 129,050 91,163 106,597 518,738 116,550 1,781,896 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 8 of 38 Portfolio Reports City of Malibu
Sec
Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024 Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Estimated
Income
Annualzd($)
Unassigned 1 0
Not Available 1 0
Cash
Alternative 1 0
Portfolio
Estimated Income
Total
57 145,308 25,434 219,483 715,398 161,448 95,051 131,014 23,999 136,562 598,336 140,549 41,574 2,434,156 Total Portfolio Value as of 11/30/23:__$ 88,883,440
This report is not a substitute for official tax reporting. This report separates the holdings, first based on the taxability at the account level. The secondary aggregation is Tax Type which is used to aggregate securities based on their assumed taxability of income (interest and dividends) at the time of this report. Classifications are made by data sources we deem reliable; however, we do not guarantee the accuracy of these classifications. Most securities are subject to capital gains taxes and some may be considered in calculations for Alternative Minimum Tax (AMT) that are not so designated here. This report does not attempt to portray phantom income (income accreted or accrued but not paid) on discount or zero coupon securities. You should consult with your tax advisor regarding the taxability of your holdings.

The following tax type classifications may be included in this report: AMT - subject to Alternative Minimum Tax; Dividend - taxable as dividend income; Federal - income taxable by federal government (state and local income taxes may not apply); Non-Federal - income non-taxable by federal government but may be subject to state and local taxes; Taxable - income taxable by federal, state and local taxes; and Not Available - taxability undetermined.

Estimated Income Annualized (EIA) takes your current income, based on the current dividends or interest paid by your securities and multiplies it to create an annualized hypothetical figure. It does not reflect actual or future performance and should not be relied upon when making financial decisions. All annualizations are based upon current positions using a simple mathematical calculation and assumes all figures remain constant for a year; any subsequent position changes will affect these calculations. Calculations for certain types of securities could include a return of principal or capital gain, in which case the figures would be overstated. Past performance is not a guarantee of future results. Dividend payments are made solely at the discretion of the issuer and are subject to be changed or eliminated at any time. Estimated Income is an estimate and the actual income might be lower or higher than the estimated amount. Estimated Income reflects only the income generated by an investment. It does not reflect changes in price, which may fluctuate.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 9 of 38 Portfolio Reports City of Malibu
Fixed Income Overview
Security Sub Type Composite Ratings Estimated Income Annualized Security Sub Type Market Value($) % Fxd Inc
Government Bond 74,588,905 88.6%
Corporate Bond 9,640,876 11.4%
Security Sub Type Total 84,229,781 100.0%
Composite Ratings % Fxd Inc
Treasury 88.6%
CDs 11.4%
Agency
AAA
AA
A
BBB
Below Inv Grade
N/A
Total 100.0%
Month Estimated Income Annualized($)
Dec 2023 124,546
Jan 2024 4,671
Feb 2024 198,721
Mar 2024 694,635
Apr 2024 140,686
May 2024 74,288
Jun 2024 110,252
Jul 2024 3,236
Aug 2024 115,800
Sep 2024 577,574
Oct 2024 119,786
Nov 2024 20,812
Total 2,185,009
Taxable 2,185,009
Tax Exempt
Subject to AMT
Bond Statistics
Statistic Taxable Tax Exempt
Coupon 2.720%
Yield to Worst 5.29%
Yield at Purchase 4.43%
Total Duration: 1.4
The asset classification of Corporate Bonds includes holdings of Certificates of Deposit. Funds include open end mutual funds, exchange-traded funds, closed end funds. For specific ratings for each security, please refer to either Fixed Income Statistics or Fixed Income Credit reports.

CDs are subject to insurance limits through FDIC. Please see Understanding Your Portfolio for information on specific limits to FDIC insurance.

Estimated Income Annualized (EIA) takes your current income, based on the current dividends or interest paid by your securities and multiplies it to create an annualized hypothetical figure. It does not reflect actual or future performance and should not be relied upon when making financial decisions. All annualizations are based upon current positions using a simple mathematical calculation and assumes all figures remain constant for a year; any subsequent position changes will affect these calculations. Calculations for certain types of securities could include a return of principal or capital gain, in which case the figures would be overstated. Past performance is not a guarantee of future results. Dividend payments are made solely at the discretion of the issuer and are subject to be changed or eliminated at any time. Estimated Income is an estimate and the actual income might be lower or higher than the estimated amount. Estimated Income reflects only the income generated by an investment. It does not reflect changes in price, which may fluctuate.

Composite Ratings and Bond Statistics sections do not include bond funds. Bond Statistics are weighted averages based on market value of bonds in the portfolio. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 10 of 38 Portfolio Reports City of Malibu
This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 11 of 38 Portfolio Reports City of Malibu
Fixed Income Overview - continued
Bond Term vs. Duration
0 10
20 30
40 50
60 70
80 90
100
% of Bonds
Short
0 to <5
Intermediate
5 to <10
Long
10+
N/A
Bond Duration
Bond Term vs. Duration
Total Portfolio Value as of 11/30/23 : $ 88,883,440 Callable Analysis Bond term indicates years to redemption date as defined in the Understanding Your Portfolio section. Mortgage-backed securities (MBSs) include asset-backed securities (ABSs), passthroughs and collateralized mortgage obligations (CMOs). For MBSs, the full market value is displayed at the average life of each security, when available. Duration indicates calculated option adjusted duration. 'Bonds' include preferred stocks.

In the Callable Analysis chart, MBS includes all prepaying securities. Callable value applies next call price and date to the remaining principal. Call premiums may decline subsequent to the initial call date. Extraordinary call features may exist that are not represented in this report.

Bond Term vs. Duration and Callable Analysis sections do not include bond funds.

Callable Value($) Market Value($)
MBS
0 to <1 yrs 250,000 222,768
1 to <2 yrs
2 to <3 yrs
3 to <4 yrs
4 to <5 yrs
5 to <7 yrs
7+ yrs
Not Available
Non-Callable 84,007,014
Total 250,000 84,229,781
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 12 of 38 Portfolio Reports City of Malibu
Fixed Income Statistics
By: Asset Class Sub Type,Security Type Detail
Subtotals and totals are weighted averages based on market value Qty / Face Description Moody's Coupon Redemption Mkt Price Mkt Value($) Yld Price Duration Dur Cont Rem Prin Detail S&P Cpn Type Next Call Adj Price Gain/Loss($) YTW Convexity % Fxd Inc Factor ID Enhance Call Price Orig Price Purch Yld YTM % Port U.S. Taxable Investment Grade Fixed
Income 2.720% 84,229,781 1.4 1.4
-236,132 5.29% 0.0 100.0%

4.43% 5.29% 94.8%
Treasury Note 2.474% 74,588,905 1.5 1.3
-102,008 5.26% 0.0 88.6%

4.41% 5.26% 83.9%
-
4,422,000 US TREASURY AAA 2.750% 02/15/24 M 99.46 4,398,298 99.22 0.3 0.0 NOTES Fixed 98.54 40,879 5.48%M 0.0 5.2%
912828B66 98.54 5.06% 5.48% 4.9%
4,000,000 US TREASURY AAA 2.125% 03/31/24 M 98.96 3,958,280 98.64 0.4 0.0 NOTES Fixed 98.15 32,152 5.50%M 0.0 4.7%
912828W71 98.15 3.95% 5.50% 4.5%
1,000,000 US TREASURY AAA 2.500% 04/30/24 M 98.82 988,160 98.53 0.5 0.0 NOTES Fixed 97.93 8,831 5.54%M 0.0 1.2%
91282CEK3 97.93 4.75% 5.54% 1.1%
4,000,000 US TREASURY AAA 0.375% 09/15/24 M 96.25 3,849,840 95.68 0.8 0.0 NOTES Fixed 95.07 47,020 5.53%M 0.0 4.6%
91282CCX7 95.07 3.79% 5.53% 4.3%
10,360,000 US TREASURY AAA 2.250% 10/31/24 M 97.35 10,085,564 96.91 1.0 0.1 NOTES Fixed 97.01 35,210 5.48%M 0.0 12.0%
9128283D0 97.01 5.27% 5.48% 11.3%
4,290,000 US TREASURY AAA 4.250% 12/31/24 M 99.04 4,248,602 98.72 1.1 0.1 NOTES Fixed 98.89 6,282 5.39%M 0.0 5.0%
91282CGD7 98.89 5.18% 5.39% 4.8%
5,215,000 US TREASURY AAA 1.500% 02/15/25 M 95.84 4,998,212 95.27 1.2 0.1 NOTES Fixed 95.21 32,963 5.35%M 0.0 5.9%
91282CDZ1 95.21 4.82% 5.35% 5.6%
4,000,000 US TREASURY AAA 1.750% 03/15/25 M 95.95 3,837,960 95.36 1.3 0.1 NOTES Fixed 96.35 -16,235 5.30%M 0.0 4.6%
91282CED9 96.35 3.66% 5.30% 4.3%
5,330,000 US TREASURY AAA 1.750% 03/15/25 M 95.95 5,114,082 95.36 1.3 0.1 NOTES Fixed 95.31 33,927 5.30%M 0.0 6.1%
91282CED9 95.31 4.84% 5.30% 5.8%
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 13 of 38 Portfolio Reports City of Malibu
Qty / Face Description Moody's Coupon Redemption Mkt Price Mkt Value($) Yld Price Duration Dur Cont Rem Prin Detail S&P Cpn Type Next Call Adj Price Gain/Loss($) YTW Convexity % Fxd Inc Factor ID Enhance Call Price Orig Price Purch Yld YTM % Port 1,465,000 US TREASURY AAA 3.125% 08/15/25 M 97.23 1,424,420 96.58 1.7 0.0 NOTES Fixed 97.59 -5,336 5.15%M 0.0 1.7%
91282CFE6 97.59 5.15% 1.6%
4,000,000 US TREASURY AAA 3.500% 09/15/25 M 97.79 3,911,680 97.13 1.8 0.1 NOTES Fixed 99.85 -82,452 5.13%M 0.0 4.6%
91282CFK2 99.85 3.56% 5.13% 4.4%
15,120,000 US TREASURY AAA 3.500% 09/15/25 M 97.79 14,786,150 97.13 1.8 0.3 NOTES Fixed 97.78 1,075 5.13%M 0.0 17.6%
91282CFK2 97.78 4.62% 5.13% 16.6%
4,000,000 US TREASURY AAA 2.250% 03/31/26 M 94.87 3,794,840 93.86 2.3 0.1 NOTES Fixed 96.38 -60,542 4.98%M 0.1 4.5%
9128286L9 96.38 3.51% 4.98% 4.3%
4,000,000 US TREASURY AAA 0.750% 08/31/26 M 90.41 3,616,560 89.11 2.7 0.1 NOTES Fixed 91.08 -26,447 4.92%M 0.1 4.3%
91282CCW9 91.08 3.52% 4.92% 4.1%
4,000,000 US TREASURY AAA 2.500% 03/31/27 M 94.13 3,765,120 92.62 3.2 0.1 NOTES Fixed 96.45 -93,012 4.87%M 0.1 4.5%
91282CEF4 96.45 3.45% 4.87% 4.2%
1,894,000 US TREASURY AAA 3.125% 08/31/27 M 95.63 1,811,138 93.91 3.5 0.1 NOTES Fixed 98.60 -56,324 4.89%M 0.1 2.2%
91282CFH9 98.60 3.47% 4.89% 2.0%
Certificates of Deposit 4.622% 9,640,876 1.0 0.1
-134,124 5.53% 0.0 11.4%

4.61% 5.53% 10.8%
-
250,000 MORGAN STANLEY PVT BK
CD 3.550% 12/06/23 M 99.94 249,855 99.79 0.1 0.0
PURCHASE NY ACT/365 Fixed 100.00 -145 5.72%M 0.0 0.3%
61760ASZ3 FDIC 100.00 3.55% 5.72% 0.3%
250,000 BANK HOPE CD 5.250% 12/26/23 M 99.99 249,975 99.97 0.1 0.0 LOS ANGELES CA ACT/365 Fixed 100.00 -25 5.29%M 0.0 0.3% 062683HE0 FDIC 100.00 5.25% 5.29% 0.3%
250,000 BANK OZK CD 5.000% 01/22/24 M 99.96 249,895 99.90 0.2 0.0 LITTLE ROCK AR ACT/365 Fixed 100.00 -105 5.45%M 0.0 0.3% 06418CHC3 FDIC 100.00 5.00% 5.45% 0.3%
250,000 BEAL BANK USA CD 4.750% 02/21/24 M 99.82 249,553 99.75 0.3 0.0 LAS VEGAS NV ACT/365 Fixed 100.00 -448 5.41%M 0.0 0.3%
07371DRD1 FDIC 100.00 4.75% 5.41% 0.3%
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 14 of 38 Portfolio Reports City of Malibu
Qty / Face Description Moody's Coupon Redemption Mkt Price Mkt Value($) Yld Price Duration Dur Cont Rem Prin Detail S&P Cpn Type Next Call Adj Price Gain/Loss($) YTW Convexity % Fxd Inc Factor ID Enhance Call Price Orig Price Purch Yld YTM % Port 250,000 HANCOCK WHITNEY BANK
CD 5.250% 02/26/24 M 99.94 249,845 99.92 0.3 0.0
GULFPORT MS ACT/365 Fixed 100.00 -155 5.40%M 0.0 0.3%
41024LBS7 FDIC 100.00 5.25% 5.40% 0.3%
250,000 BRADESCO BANK CD 5.200% 03/04/24 M 99.92 249,800 99.89 0.3 0.0 CORAL GABLES FL ACT/365 Fixed 100.00 -200 5.41%M 0.0 0.3% 10421AAB3 FDIC 100.00 5.20% 5.41% 0.3%
250,000 SANTANDER BANK NA CD 5.250% 03/15/24 M 99.91 249,765 99.88 0.4 0.0 WILMINGTON DE ACT/365 Fixed 100.00 -235 5.42%M 0.0 0.3% 80280JVQ1 FDIC 100.00 5.25% 5.42% 0.3%
250,000 WEBBANK CD 5.250% 03/19/24 M 99.90 249,758 99.87 0.4 0.0 SALT LAKE CITY UTACT/365 Fixed 100.00 -243 5.42%M 0.0 0.3% 947547US2 FDIC 100.00 5.25% 5.42% 0.3%
250,000 BARCLAYS BANK/DELAWAR
CD 5.400% 03/21/24 M 99.95 249,863 99.93 0.4 0.0
WILMINGTON DE ACT/365 Fixed 100.00 -138 5.42%M 0.0 0.3% 06740KRN9 FDIC 100.00 5.40% 5.42% 0.3%
250,000 CITIZENS BANK NA/RI CD 5.300% 03/21/24 M 99.92 249,790 99.89 0.4 0.0 PROVIDENCE RI ACT/365 Fixed 100.00 -210 5.42%M 0.0 0.3% 75524KQH0 FDIC 100.00 5.30% 5.42% 0.3%
250,000 OCEANFIRST BANK NA CD 5.150% 03/21/24 M 99.87 249,680 99.83 0.4 0.0 TOMS RIVER NJ ACT/365 Fixed 100.00 -320 5.43%M 0.0 0.3% 67523TCE1 FDIC 100.00 5.15% 5.43% 0.3%
250,000 RENASANT BK TUPELO MS
CD 5.300% 03/21/24 M 99.92 249,790 99.89 0.4 0.0
TUPELO MS ACT/365 Fixed 100.00 -210 5.42%M 0.0 0.3%
759701BH7 FDIC 100.00 5.30% 5.42% 0.3%
250,000 CHARLES SCHWAB BK SSB
CD 5.350% 03/22/24 M 99.88 249,705 99.85 0.4 0.0
RENO NV ACT/365 Fixed 100.00 -295 5.72%M 0.0 0.3%
15987UAU2 FDIC 100.00 5.35% 5.72% 0.3%
250,000 HEARTLAND BANK & TR CD 5.450% 04/29/24 M 100.00 250,008 99.99 0.5 0.0 BLOOMINGTON IL ACT/365 Fixed 100.00 8 5.45%M 0.0 0.3%
42234FDP8 FDIC 100.00 5.45% 5.45% 0.3%
250,000 ASSOCIATED BK GREEN B
CD 5.150% 05/21/24 M 99.81 249,535 99.73 0.5 0.0
STEVENS POINT WI ACT/365 Fixed 100.00 -465 5.52%M 0.0 0.3% 045491NU7 FDIC 100.00 5.15% 5.52% 0.3%
250,000 GOLDMAN SACHS BK USA
CD 5.000% 05/22/24 M 99.75 249,363 99.65 0.5 0.0
NEW YORK NY ACT/365 Fixed 100.00 -638 5.53%M 0.0 0.3%
38150VHQ5 FDIC 100.00 5.00% 5.53% 0.3%
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 15 of 38 Portfolio Reports City of Malibu
Qty / Face Description Moody's Coupon Redemption Mkt Price Mkt Value($) Yld Price Duration Dur Cont Rem Prin Detail S&P Cpn Type Next Call Adj Price Gain/Loss($) YTW Convexity % Fxd Inc Factor ID Enhance Call Price Orig Price Purch Yld YTM % Port 50,000 AMERICAN EXPR NATL BK
CD 5.100% 05/23/24 M 99.79 49,895 99.70 0.5 0.0
SALT LAKE CTY UT ACT/365 Fixed 100.00 -105 5.53%M 0.0 0.1% 02589AET5 FDIC 100.00 5.10% 5.53% 0.1%
250,000 BANK OF AMERICA NA CD 5.150% 05/23/24 M 99.81 249,533 99.73 0.5 0.0 CHARLOTTE NC ACT/365 Fixed 100.00 -468 5.53%M 0.0 0.3%
06051VT89 FDIC 100.00 5.15% 5.53% 0.3%
250,000 US BANK NATL ASSOC CD 5.100% 05/23/24 M 99.79 249,475 99.70 0.5 0.0 MINNEAPOLIS MN ACT/365 Fixed 100.00 -525 5.53%M 0.0 0.3% 90354KBV9 FDIC 100.00 5.10% 5.53% 0.3%
250,000 CAPITAL ONE NA CD 2.500% 06/19/24 M 98.41 246,013 98.09 0.6 0.0 MCLEAN VA ACT/365 Fixed 100.00 -3,988 5.62%M 0.0 0.3%
14042RLZ2 FDIC 100.00 2.50% 5.62% 0.3%
250,000 FULTON BANK CD 5.350% 06/24/24 M 99.96 249,888 99.86 0.6 0.0 WILLIAMSPORT PA ACT/365 Fixed 100.00 -113 5.56%M 0.0 0.3% 359899AN1 FDIC 100.00 5.35% 5.56% 0.3%
125,000 COMENITY CAPITAL BANK
CD 2.500% 06/27/24 M 98.34 122,929 98.00 0.6 0.0
SALT LAKE CTY UT ACT/365 Fixed 100.00 -2,071 5.62%M 0.0 0.1% 20033AZ58 FDIC 100.00 2.50% 5.62% 0.1%
250,000 CUSTOMERS BANK CD 4.700% 08/16/24 M 99.39 248,480 99.20 0.8 0.0 WEST READING PA ACT/365 Fixed 100.00 -1,520 5.73%M 0.0 0.3% 23204HNC8 FDIC 100.00 4.70% 5.73% 0.3%
250,000 MORGAN STANLEY BK NA
CD 5.500% 09/26/24 M 99.90 249,753 99.76 0.9 0.0
SOUTH JORDAN UT ACT/365 Fixed 100.00 -248 5.76%M 0.0 0.3% 61690DEM6 FDIC 100.00 5.50% 5.76% 0.3%
250,000 BANK OF BARODA CD 5.500% 09/27/24 M 99.90 249,750 99.76 0.9 0.0 NEW YORK NY ACT/365 Fixed 100.00 -250 5.76%M 0.0 0.3%
06063HRH8 FDIC 100.00 5.50% 5.76% 0.3%
250,000 COMERICA BANK TEXAS CD 5.250% 09/30/24 M 99.75 249,363 99.58 0.9 0.0 DALLAS TX ACT/365 Fixed 100.00 -638 5.71%M 0.0 0.3%
200339FB0 FDIC 100.00 5.25% 5.71% 0.3%
250,000 BANK HAPOALIM BM NY CD 5.050% 11/26/24 M 99.49 248,728 99.28 1.0 0.0 NEW YORK NY ACT/365 Fixed 100.00 -1,273 5.75%M 0.0 0.3% 06251A5N6 FDIC 100.00 5.05% 5.75% 0.3%
250,000 MANUF & TRADERS TR CO
CD 4.900% 12/09/24 M 99.36 248,400 99.15 1.0 0.0
BUFFALO NY ACT/365 Fixed 100.00 -1,600 5.69%M 0.0 0.3%
564759RJ9 FDIC 100.00 4.90% 5.69% 0.3%
250,000 ALLY BANK CD 5.250% 03/24/25 M 99.71 249,268 99.41 1.3 0.0 BENSALEM PA ACT/365 Fixed 100.00 -733 5.69%M 0.0 0.3%
02007GM34 FDIC 100.00 5.25% 5.69% 0.3%
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 16 of 38 Portfolio Reports City of Malibu
Qty / Face Description Moody's Coupon Redemption Mkt Price Mkt Value($) Yld Price Duration Dur Cont Rem Prin Detail S&P Cpn Type Next Call Adj Price Gain/Loss($) YTW Convexity % Fxd Inc Factor ID Enhance Call Price Orig Price Purch Yld YTM % Port 200,000 AMERICAN EXPR NATL BK
CD 2.050% 03/24/25 M 95.70 191,400 95.16 1.3 0.0
SALT LAKE CTY UT ACT/365 Fixed 100.00 -8,600 5.71%M 0.0 0.2% 02589ABV3 FDIC 100.00 2.05% 5.71% 0.2%
250,000 WELLS FARGO BANK NA CD 4.900% 05/23/25 M 99.27 248,163 98.83 1.5 0.0 SIOUX FALLS SD ACT/365 Fixed 100.00 -1,838 5.69%M 0.0 0.3% 949764CT9 FDIC 100.00 4.90% 5.69% 0.3%
250,000 BMO HARRIS BANK NA CD 4.850% 05/27/25 M 99.18 247,960 98.73 1.5 0.0 CHICAGO IL ACT/365 Fixed 100.00 -2,040 5.70%M 0.0 0.3%
05600XQK9 FDIC 100.00 4.85% 5.70% 0.3%
250,000 AMERICAN COML BK & TR
CD 5.000% 06/06/25 M 100.00 250,000
OTTAWA IL ACT/365 Fixed 100.00 0 0.3%
02519ACB1 FDIC 100.00 0.3%
250,000 BMW BK N AMERICA CD 5.100% 09/17/25 M 99.58 248,955 98.99 1.8 0.0 SALT LAKE CTY UT ACT/365 Fixed 100.00 -1,045 5.67%M 0.0 0.3% 05580AX58 FDIC 100.00 5.10% 5.67% 0.3%
250,000 STATE BANK OF INDIA CD 4.950% 12/02/25 M 99.36 248,410 98.68 1.9 0.0 NEW YORK NY ACT/365 Fixed 100.00 -1,590 5.63%M 0.0 0.3% 856285V81 FDIC 100.00 4.95% 5.63% 0.3%
200,000 COMENITY BANK CD 2.000% 03/18/26 M 93.07 186,131 91.91 2.4 0.0 WILMINGTON DE ACT/365 N/A 100.00 -13,869 5.53%M 0.1 0.2% 99000QQW7 FDIC 100.00 2.00% 5.53% 0.2%
250,000 SYNCHRONY BANK CD 5.000% 03/24/26 M 99.49 248,720 98.95 2.2 0.0 DRAPER UT ACT/365 Fixed 100.00 -1,280 5.47%M 0.1 0.3%
87165HX21 FDIC 100.00 5.00% 5.47% 0.3%
250,000 TEXAS EXCHANGE BK SSB
CD 1.100% 10/29/26 M 89.11 222,768 88.72 2.9 0.0
CROWLEY TX ACT/365 Fixed 12/29/23 P 100.00 -27,233 5.18%M 0.1 0.3% 88241TMC1 FDIC 100.00 100.00 1.10% 5.18% 0.3%
200,000 DISCOVER BANK CD 4.950% 11/16/26 M 99.54 199,082 99.35 2.7 0.0 GREENWOOD DE ACT/365 Fixed 100.00 -918 5.18%M 0.1 0.2%
254673Z66 FDIC 100.00 4.95% 5.18% 0.2%
250,000 UBS BANK USA CD 1.150% 12/08/26 M 88.89 222,225 88.42 3.0 0.0 SALT LAKE CTY UT ACT/365 Fixed 100.00 -27,775 5.20%M 0.1 0.3% 90348JX96 FDIC 100.00 1.15% 5.20% 0.3%
250,000 CELTIC BANK CD 2.000% 12/27/27 M 87.77 219,415 87.27 4.0 0.0 SALT LAKE CTY UT ACT/365 Fixed 100.00 -30,585 5.43%M 0.2 0.3% 15118RTH0 FDIC 100.00 2.00% 5.43% 0.2%
Fixed Income Statistics Total 2.720% 84,229,781 1.4 1.4 -236,132 5.29% 0.0 100.0%

4.43% 5.29% 94.8%
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 17 of 38 Portfolio Reports City of Malibu
Total Portfolio Value as of 11/30/23:__$ 88,883,440
Yield Price as of 10/31/23
Rem Prin - Remaining Principal is the amount of principal which, as of a given date, has not yet been paid on a fixed income security (original face value multiplied by the factor).

Factor represents the portion of principal remaining on a security subject to principal prepayments (such as a mortgage-backed security). A factor of .87654321 on an original face of $100,000 would indicate that $87,654.32 in principal remained.

Enhance - Indicates that there is a form of credit enhancement such as collateralization or bond insurance which may vary in credit quality. The ratings displayed are the higher of the credit rating of the bond insurer or of the underlying credit of the issuer. Acronyms indicate insurance or type of collateral. See Understanding Your Portfolio section for more details.

CDs are subject to insurance limits through FDIC. Please see Understanding Your Portfolio for information on specific limits to FDIC insurance.

The coupon rate is the interest rate stated on a bond, note or other fixed income security, expressed as a percentage of the principal. Adjustable rate coupon securities will be shown at the current coupon rate if known; actual coupon rates may vary. There is no assurance that coupons will be paid. Past Performance is not a guarantee of future results. Range Notes will carry a coupon of 0%.

Coupon Types: Adj (Adjustable rate), Fixed (Fixed rate), Step (Step up or down), Struct (Structured Product Securities), Zero (Zero Coupon), PIK (Payment-in-kind) Redemption is the date the security is scheduled to be redeemed. Types: M - maturity, R - refunded, T - mandatory tender/put, P - perpetual (displays date of report plus sixty years), D - Dutch auction or optional tender, A - estimated average life of prepaying securities.

Next call is the next date, prior to maturity, on which a callable security may be redeemed by the issuer. Call Price is the price, specified at issuance, at which a bond or preferred stock can be redeemed.

Call Types: C - Optional Premium Call, P - Optional Par Call.

Adjusted Price is the original price adjusted for accretion for a discount and amortization for a premium.

Purchase Yield is the yield to worst based on original price and purchase date.

Yield Price is the recent market price which is used to calculate yields, duration, convexity, etc. The date of the yield price is displayed beneath the table.

YTW - Yield to Worst indicates the lowest of yields to calls or the yield to maturity, calculated at yield price and not at current market price. The Yield Code next to YTW indicates the date/price to which the yield has been calculated. Codes: C = next call, P = par call, W = middle call, R = pre-refunding, M = maturity of issue, A = estimated average life on principal paydown securities, T = next mandatory put/tender, F = called in full.

YTM (Yield to Maturity) is calculated to the redemption date based on the yield price and not on current market price.

Duration - Duration, where available, is Modified Duration. It is used to provide a measurement of price volatility. For example, a duration of 4 means that a shift in prevailing rates 100 basis points (1%) in a 1 year period should shift the price in the opposite direction by 4%. Duration will not be calculated on Structured Products or other securities for which required data is not available. Modified Duration, unlike Effective Duration, assumes cash flows do not change and does not take into account embedded call options.

Convexity - Convexity measures the speed with which the duration will change with movements in interest rates. For example, on a bond with negative convexity, the duration will shorten with falling interest rates which will reduce the impact of duration of this security on the portfolio. Convexity is reflected at both the security level and at the subtotal level for fixed income classification calculated as a weighted average.

Duration Contribution - The duration contribution is the impact of this bond's duration on the fixed income portion of the portfolio. Example, if bond has a duration of 3 and its market value is 5% of the fixed income, the duration contribution will be 0.15 (3 x .05).

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 18 of 38 Portfolio Reports City of Malibu
Fixed Income Credit
By: Rating Type,Composite Rating
Subtotals and totals are weighted averages based on market value Securities Weighted Avg Cpn Market Value($) Percent of
Fxd Inc Port
Investment Grade 55 2.720% 84,229,781 100.0% 94.8%
Treasuries 14 2.474% 74,588,905 88.6% 83.9%
CDs 41 4.622% 9,640,876 11.4% 10.8%
Fixed Income Credit Total 55 2.720% 84,229,781 100.0% 94.8% Total Portfolio Value as of 11/30/23:__$ 88,883,440
CDs are subject to insurance limits through FDIC. Please see Understanding Your Portfolio for information on specific limits to FDIC insurance.

The coupon rate is the interest rate stated on a bond, note or other fixed income security, expressed as a percentage of the principal. Adjustable rate coupon securities will be shown at the current coupon rate if known; actual coupon rates may vary. There is no assurance that coupons will be paid. Past Performance is not a guarantee of future results. Range Notes will carry a coupon of 0%.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 19 of 38 Portfolio Reports City of Malibu
Fixed Income Analytics
By: Security Type Detail
Subtotals and totals are weighted averages based on market value Securities Weighted Avg Cpn YTW YTM Dur Conv Dur Cont Percent of Fxd Inc Port
Treasury Note 14 2.474% 5.26% 5.26% 1.5 0.0 1.3 88.6% 83.9% Market Value: $ 74,588,905
Certificates of Deposit 41 4.622% 5.53% 5.53% 1.0 0.0 0.1 11.4% 10.8% Market Value: $ 9,640,876
Fixed Income Analytics Total 55 2.720% 5.29% 5.29% 1.4 0.0 1.4 100.0% 94.8% Market Value: $ 84,229,781
Total Portfolio Value as of 11/30/23:__$ 88,883,440
Yield Price as of 10/31/23
The coupon rate is the interest rate stated on a bond, note or other fixed income security, expressed as a percentage of the principal. Variable rate coupon securities will be shown at the current coupon rate if known; actual coupon rates may vary. There is no assurance that coupons will be paid. Past Performance is not a guarantee of future results. Range Notes will carry a coupon of 0%.

Yields, duration, and convexity are reflected at both the subtotal and total levels for fixed income classifications calculated as a weighted average.

YTW - Yield to Worst indicates the lowest of yields to calls or the yield to maturity, calculated at yield price and not at current market price.

YTM (Yield to Maturity) is yield calculated to the redemption date based on the yield price and not on current market price.

Dur - Duration, where available, is Modified Duration. It is used to provide a measurement of price volatility. For example, a duration of 4 means that a shift in prevailing rates 100 basis points (1%) in a 1 year period should shift the price in the opposite direction by 4%. Duration will not be calculated on Structured Products or other securities for which required data is not available. Modified Duration, unlike Effective Duration, assumes cash flows do not change and does not take into account embedded call options.

Conv - Convexity - Convexity measures the speed with which the duration will change with movements in interest rates. For example, on a bond with negative convexity, the duration will shorten with falling interest rates which will reduce the impact of duration of this security on the portfolio. Convexity is reflected at both the security level and at the subtotal level for fixed income classification calculated as a weighted average.

Dur Cont - Duration Contribution - The duration contribution is the impact of this bond's duration on the fixed income portion of the portfolio. Example, if bond has a duration of 3 and its market value is 5% of the fixed income, the duration contribution will be 0.15 (3 x .05).

Yield Price is the recent market price which is used to calculate yields, duration, convexity, etc. The date of this price is noted below the table.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 20 of 38 Portfolio Reports City of Malibu
Ratings Distribution
By: Composite Rating,Security Sub Type
Coupon subtotals and totals are weighted averages based on market value 0 15,000
30,000
45,000
60,000
75,000
Market Value ($)
(000s)
Treasuries
CDs
AgenciesAAA
AA
A
BBB
BB
B
CCC
CCC
DUnratedNot Available
Government Bond Corporate Bond
Composite Rating Market Value($) Weighted Avg Cpn Weighted Avg Cpn Remaining
Treasuries 74,588,905 2.474% 4.622%
Government Bond 74,588,905 2.474% 4.622%
CDs 9,640,876 4.622% 2.474%
Corporate Bond 9,640,876 4.622% 2.474%
Ratings Distribution Total 84,229,781 2.720% 0.000%
Composite Ratings: Treasuries, Agencies, AAA, AA, A, BBB, BB, B, CCC, CC, C, D, Unrated and Not Available.

Treasuries are direct U.S. Government securities. Agencies include U.S. Government backed agencies and U.S. Government sponsored entities. Agency securities that are below AAA credit quality will be displayed based on their credit rating. Should the ratings services differ, the Composite Rating will identify the bond in the lower of the two ratings. AAA Composite Ratings are securities rated AAA by one or both services without the credit enhancement of insurance.

The asset classification of Corporate Bonds includes holdings of Certificates of Deposit. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 21 of 38 Portfolio Reports City of Malibu
The coupon rate is the interest rate stated on a bond, note or other fixed income security, expressed as a percentage of the principal. Adjustable rate coupon securities will be shown at the current coupon rate if known; actual coupon rates may vary. There is no assurance that coupons will be paid. Past Performance is not a guarantee of future results. Range Notes will carry a coupon of 0%.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 22 of 38 Portfolio Reports City of Malibu
Redemption Distribution
By: Redemption Date
Coupon subtotals and totals are weighted averages based on redemption value 0 10,000
20,000
30,000
40,000
Redem
ption Value($)
(000s)
2023
20242025
202620272028202920302031
20322033
2034
2035
2036
2037
2038
2039
2040
204120422043+Perpetual
Year Redemption Value($) Weighted Avg Cpn Weighted Avg Cpn Remaining
2023 500,000 4.400% 2.691%
2024 34,247,000 2.839% 2.611%
2025 36,830,000 2.812% 2.619%
2026 9,150,000 1.662% 2.823%
2027 6,144,000 2.672% 2.703%
Redemption Distribution Total 86,871,000 2.701% 0.000%
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 23 of 38 Portfolio Reports City of Malibu
Mortgage Backed
Securities
Redemption Value (Remaining Principal):__$ 0
Securities with Undefined Redemption Value
Market Value:__$ 0
This report shows the schedule of principal payments of securities calculated as of the date of the report. Payments are not guaranteed. Unforeseen events could occur which could cause the estimated principal payments to differ from stated values. Bonds in default will not display a redemption value. The redemption value applies the redemption price to the remaining principal or the number of shares.

These schedules assume that bonds are not called. Call features may be exercised as stated elsewhere at any time. On Treasury Inflation Index securities (TIPs), we have applied the most recent Index Ratio to the redemption price. Actual redemption value will not be less than the face amount on TIPs if held to maturity. 100% Principal protected structured products (when held to maturity) will be displayed at their face amount as the redemption value.

Mortgage Backed Securities (MBSs) are not represented in this report as it is not possible to accurately predict principal prepayments.

Securities with Undefined Redemption Value, such as mandatory convertible securities and structured products (other than those with 100% principal protection), do not have a defined redemption value and are not represented in the bar charts. The market value of these securities is displayed beneath the table. These securities will display N/A as the redemption value in the year of their scheduled redemption.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 24 of 38 Portfolio Reports City of Malibu
Redemption Distribution Rolling 12 Months
By: Security Sub Type
Redemption Values are stated in thousands
0 1,485,000
2,970,000
4,455,000
5,940,000
7,425,000
8,910,000
10,395,000
Est Income($)
Dec
2023
Jan
2024
Feb
2024
Mar
2024
Apr
2024
May
2024
Jun
2024
Jul
2024
Aug
2024
Sep
2024
Oct
2024
Nov
2024
Month
Government Bond Corporate Bond
___Dec
2023
___Jan
2024
___Feb
2024
___Mar
2024
___Apr
2024
___May
2024
___Jun
2024
___Jul
2024
___Aug
2024
___Sep
2024
___Oct
2024
___Nov
2024
Total
Prin($)
Government Bond 4,422 4,000 1,000 4,000 10,360 23,782
Corporate Bond 500 250 500 2,000 250 1,050 625 250 750 250 6,425 Redemption Distribution
Rolling 12 Months Total 500 250 4,922 6,000 1,250 1,050 625 250 4,750 10,360 250 30,207 Current Market Value of Securities with Undefined Redemption Value:__$ 0 Total Portfolio Value as of 11/30/23:__$ 88,883,440
This report shows the schedule of principal payments of securities calculated as of the date of the report. Payments are not guaranteed. Unforeseen events could occur which could cause the estimated principal payments to differ from stated values. Bonds in default will not display a redemption value. The redemption value applies the redemption price to the remaining principal or the number of shares.

These schedules assume that bonds are not called. Call features may be exercised as stated elsewhere at any time. On Treasury Inflation Index securities (TIPs), we have applied the most recent Index 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 25 of 38 Portfolio Reports City of Malibu
Ratio to the redemption price. Actual redemption value will not be less than the face amount on TIPs if held to maturity. 100% Principal protected structured products (when held to maturity) will be displayed at their face amount as the redemption value.

The asset classification of Corporate Bonds includes holdings of Certificates of Deposit.

Mortgage Backed Securities (MBSs) are not represented in this report as it is not possible to accurately predict principal prepayments.

Securities with Undefined Redemption Value, such as mandatory convertible securities and structured products (other than those with 100% principal protection), do not have a defined redemption value and are not represented in the table. The market value of these securities that have a redemption date within the next 12 months is displayed beneath the table.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 26 of 38 Portfolio Reports City of Malibu
Duration Distribution
By: Duration,Security Sub Type
Duration subtotals and totals are weighted averages based on market value 0 10,000
20,000
30,000
40,000
50,000
Market Value ($)
(000s)
<1 1 2 3 4 5 6 7 8 9 10+ N/A
Government Bond Corporate Bond
Duration Market Value($) Weighted Avg
Duration
Weighted Avg
Duration Remaining
< 1 to 1 29,441,395 0.7 1.9
Government Bond 23,280,142 0.7 1.7
Corporate Bond 6,161,254 0.5 1.5
1 to < 2 40,252,388 1.5 1.4
Government Bond 38,321,106 1.5 1.4
Corporate Bond 1,931,283 1.4 1.4
2 to < 3 8,268,100 2.5 1.3
Government Bond 7,411,400 2.5 1.3
Corporate Bond 856,700 2.6 1.4
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 27 of 38 Portfolio Reports City of Malibu
Duration Market Value($) Weighted Avg
Duration
Weighted Avg
Duration Remaining
3 to < 4 6,017,898 3.3 1.3
Government Bond 5,576,258 3.3 1.3
Corporate Bond 441,640 3.5 1.4
N/A 250,000
Corporate Bond 250,000
Duration Distribution Total 84,229,781 1.4 0.0
On the x -axis: <1 contains duration values less than 1; 1 contains duration values greater than or equal to 1 and less than 2; 2 contains duration values greater than or equal to 2 and less than 3, etc. 10+ contains duration values greater than or equal to ten.

The asset classification of Corporate Bonds includes holdings of Certificates of Deposit.

Duration - Duration, where available, is Modified Duration. It is used to provide a measurement of price volatility. For example, a duration of 4 means that a shift in prevailing rates 100 basis points (1%) in a 1 year period should shift the price in the opposite direction by 4%. Duration will not be calculated on Structured Products or other securities for which required data is not available. Modified Duration, unlike Effective Duration, assumes cash flows do not change and does not take into account embedded call options.

Weighted Average Duration: Duration is reflected at both the security level and at the subtotal and total levels. At the subtotal and total levels, weighted average duration has been calculated based on the market value of the securities within that grouping.

Weighted Average Duration Remaining is the weighted average duration remaining of the portfolio excluding the security.

The duration distribution will allow you to analyze which securities impact your portfolio for a given range of duration. For example, if you wish to shorten your duration to lessen interest rate risk (i.e. you expect rates to rise), look to the higher duration securities as possible candidates for swapping into shorter duration securities. Conversely, should you wish to increase your portfolio's sensitivity to interest rates (i.e. you expect rates to fall), look to swap shorter duration securities into longer duration securities.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 28 of 38 Portfolio Reports City of Malibu
Coupon Distribution
By: Coupon,Coupon Type
Coupon subtotals and totals are weighted averages based on market value 0 5,000
10,000
15,000
20,000
25,000
30,000
Market Value ($)
(000s)
0 1 2 3 4 5 6 7 8+ N/A
Fixed Coupon Not Available
Coupon Market Value($) Weighted Avg Cpn Weighted Avg Cpn Remaining
0 to < 1 7,466,400 0.557% 2.931%
Fixed Coupon 7,466,400 0.557% 2.931%
1 to < 2 14,395,247 1.644% 2.942%
Fixed Coupon 14,395,247 1.644% 2.942%
2 to < 3 27,956,149 2.352% 2.903%
Fixed Coupon 27,770,018 2.354% 2.900%
Not Available 186,131 2.000% 2.722%
3 to < 4 22,183,242 3.446% 2.461%
Fixed Coupon 22,183,242 3.446% 2.461%
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 29 of 38 Portfolio Reports City of Malibu
Coupon Market Value($) Weighted Avg Cpn Weighted Avg Cpn Remaining
4 to < 5 5,938,649 4.422% 2.591%
Fixed Coupon 5,938,649 4.422% 2.591%
5 to < 6 6,290,095 5.221% 2.518%
Fixed Coupon 6,290,095 5.221% 2.518%
Coupon Distribution Total 84,229,781 2.720% 0.000%
On the X-axis, 0% coupon includes all bonds with current coupons of less than 1%; 1% coupon includes bonds with coupons of less than 2% but equal to or greater than 1%, etc.

The coupon rate is the interest rate stated on a bond, note or other fixed income security, expressed as a percentage of the principal. Adjustable rate coupon securities will be shown at the current coupon rate if known; actual coupon rates may vary. There is no assurance that coupons will be paid. Past Performance is not a guarantee of future results. Range Notes will carry a coupon of 0%.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 30 of 38 Portfolio Reports City of Malibu
Understanding Your Portfolio
General Information
Investing involves risk, including the possible loss of principal. This report is intended to provide you with a descriptive overview of your current portfolio. The report may encompass one account or multiple accounts as specified in the report. The material has been prepared or is distributed solely for information purposes and does not supersede the proper use of your Wells Fargo Advisors client statements and/or trade confirmations, which are considered to be the official and accurate records of your account activity. Any market prices are only indications of market values, are subject to change, and may not reflect the value at which the securities could be sold. Reported prices should not be considered actual bids. For these reports, in certain groupings, Corporate Bonds includes Certificates of Deposit. Additionally, the report is prepared as of trade date, rather than settlement date, and may be prepared on a different date than your statement. The information contained in this report may not reflect all holdings or transactions, their costs, or proceeds in your account.

The report may also include information you provided about assets held at other firms. Information on assets held away from Wells Fargo Advisors was provided by you and may not be covered by SIPC. We have relied solely on information from you regarding those assets. We do not verify or confirm those assets held with other firms or affiliates and you are responsible for notifying your Financial Advisor of any changes in your externally held investments including cost basis.

Incomplete or inaccurate cost basis will affect your plan results because the tax assumptions are incorrect. Due to timing issues, if this report includes assets held at a Trust Company, positions and market data should be verified. Before making any decisions please validate your account information with your Financial Advisor. The financial data used to generate this report is provided to Wells Fargo Advisors by third party vendors. While this information is believed to be reliable, it has not been verified. Security ID will be ticker symbol, CUSIP number, Security Number or, if you have provided us with a market value of a generic asset classification type, we will assign a dash.

This report is not complete unless all pages noted are included. For more detailed information, including current pricing, call your Financial Advisor.

To the extent that this report includes fixed income securities, you should be aware that the descriptions of fixed income securities are general in nature and do not reflect important information that you should consider, such as but not limited to, yield, call features, credit quality, and various tax implications. Before making any decisions regarding fixed income investments, contact your advisor to obtain more detailed information regarding specific fixed income securities.

Asset classification of holdings in external accounts where classification is not readily available may be assigned to a multi-asset class category or reassigned into additional asset classes by your Financial Advisor which may not be the most accurate asset class based on the holding's characteristics and risk profile. It is your responsibility to review the asset classification for external accounts and notify us of any changes.

Asset Classes for mutual funds, variable annuities and exchange-traded funds are derived from Morningstar Categories. Underlying holdings classification provided by Morningstar. ©2023 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

External Accounts Included in Your Report
As a service, we may have included your assets and/or your liabilities held at other financial institutions. We assume no responsibility for the accuracy or completeness of the information you provided either to your Financial Advisor or through any third party aggregation service regarding your assets or liabilities held at other firms. We may update the pricing of these securities; however, there may be cases when updating prices is not possible. In addition, any transactions, values or changes in your external accounts will not be reflected unless you provide updated information to your Financial Advisor. In instances where you use a third party aggregation service, we rely on you to take action when notified by the third party service that updates are needed. The accuracy and completeness of the information you provide may materially affect the results and any recommendations contained in this report.

If we have included or if you have provided us with information on accounts managed by you or an affiliate of Wells Fargo Advisors, including self-directed WellsTrade accounts at Wells Fargo Advisors, and fiduciary accounts at Wells Fargo Bank, N.A., you should understand that Wells Fargo Advisors has no authority to manage, direct or influence the accounts. With respect to such accounts, the Strategic Allocation listed in this report is for informational purposes only and should not be considered a recommendation from Wells Fargo Advisors or your Financial Advisor. The views, opinions, asset allocation models and forecasts may differ from our affiliates.

By providing you this report, neither the firm nor your Financial Advisor is acting as a fiduciary for purposes of ERISA or section 4975 of the Code with respect to any external ERISA-covered employee benefit plan or any external individual retirement account in either the planning, execution or provision of this analysis, unless separately contracted to act as a fiduciary with respect to such an account. Any asset allocation information presented in this report for external 401(k), 403(b), Government 457(b), Defined Benefit Plan, Trustee Defined Profit Sharing Plan or individual retirement accounts is for general asset allocation education and informational purposes only and should not be viewed as fiduciary investment advice.

All yields, durations and convexities are calculated at the "Yield Price" listed on the report. The date of the yield price is stated under the report table. The calculations are updated approximately once per month. Should there be significant changes in interest rates we will update the calculations more frequently. By comparing the yield price to the market price you can see how the market has changed since the calculations. For example, if the market price is greater than the yield price then currently calculated yields would be lower.

Weighted average coupon: At the subtotal and total levels, the weighted average coupon has been calculated based on the market value of the securities within that grouping.

Redemption date indicated is either maturity date (M), pre-refunded date (R), mandatory put or tender date (T), Dutch auction date or optional tender date (D), display date on perpetual securities (sixty years from report date) (P) or the date which would represent the average life of the maturity when measured from the date of this report (A). Because perpetual securities do not have a stated maturity date, we assign a date of sixty years from the date of the report to enable us to provide approximate yields and durations.

Yield to worst is the lowest of all yields to calls or the yield to maturity. Yield to maturity is the yield that would be realized on a fixed income security if it were held to the maturity date. Yield at purchase is calculated based on the purchase date and price of each position (if available) and represents the yield to worst at the time of purchase. At the subtotal and total levels, yields are weighted averages for that grouping. Duration, if available, is option adjusted duration and is used to provide a measurement of price volatility.
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 31 of 38 Portfolio Reports City of Malibu
Enhancements used for this analysis may include Bond Insurance, Federal Deposit Insurance Corporation (FDIC) and escrowed collateral on refunded bonds (typically in US Government securities). The terms of enhancements vary and assumptions cannot be made as to specific issuers or issues. This report is not meant to indicate that "non-enhanced" securities are of lesser credit quality than those with secondary credit enhancement. Insurance pertains to the timely payment of principal and interest by the issuer of the underlying securities and not the price of the bond, which will fluctuate prior to maturity.

Types of enhancements include but are not limited to:

Pre-ref - Indicates that the security has been pre-refunded, is collateralized (typically in US Government Securities) and is scheduled to be redeemed at the stated redemption date.

ETM - Indicates that the security has been escrowed to maturity (collateralized, typically in U.S.

Government securities).

FDIC - Federal Deposit Insurance Corporation
MBIA - Municipal Bond Insurance Association
FGIC - Financial Guaranty Insurance Company
AMBAC - American Municipal Bond Assurance Corporation
FSA - Financial Security Assurance, Inc.

Assured Gty. - Assured Guaranty Corp.

BHAC - Berkshire Hathaway Assurance
CIFG - CIFG Assurance North America, Inc.

AGM(f.FSA) - Assured Guaranty Municipal Corp.

AGC - Assured Guaranty Corp.

NATL-RE(f.MBIA) - National Public Finance Guaranty Corp. (MBIA's public finance subsidiary) Syncora(f.XLCA) - Syncora Guarantee (Formerly XL Capital Assurance).

PSF - Permanent School Fund.

MAC - Municipal Assurance Corp.

BAM - Build America Mutual Assurance Corp.

Q-SBLF - Qualified School Bond Loan Fund.

RADIAN - Radian Group Inc.

ACA - ACA Financial Guaranty Corp.

FHA - Federal Housing Administration.

FHLMC - Federal Home Loan Mortgage Corp.

FNMA - Federal National Mortgage Association.

GNMA - Government National Mortgage Association.

SECT8 - Section 8.

Rating Types: Government/Agencies, Investment Grade, High Yield, Distressed Debt, Defaulted, Not Available, Not Applicable.

Composite Ratings: Treasuries, Agencies, AAA, AA, A, BBB, BB, B, CCC, CC, C, D, and Unrated.

A measure of the quality and safety of a bond, based on the issuer's financial condition. More specifically, an evaluation from a rating service indicating the likelihood that a debt issuer will be able to meet scheduled interest and principal repayments.

AAA Maximum Safety; AA High Grade High Quality; A Upper Medium Grade; BBB Lower Medium Grade; BB Speculative; B Highly Speculative; CCC Substantial Risk; CC Extremely Speculative; C May be in Default; D Default.

Composite Ratings are based on Moody's and Standard & Poor's and reflect the lower of the two rating services if such ratings differ.

Asset Class Descriptions
The asset class descriptions below are included solely to provide insight into how individual securities are tied to specific asset classes. We use our best efforts to correctly classify investments. However, no warranty of accuracy is made.

Alternative investments: Alternative investments, such as hedge funds, private capital, and private real estate funds, are speculative and entail significant risks that can include losses due to leveraging or other speculative investment practices, lack of liquidity, volatility of returns, restrictions on transferring interests in a fund, potential lack of diversification, absence and/or delay of information regarding valuations and pricing, complex tax structures and delays in tax reporting, less regulation, and higher fees than mutual funds. Hedge fund, private capital, and private real estate fund investing involve other material risks, including capital loss and the loss of the entire amount invested. They are intended for qualified, financially sophisticated investors who can bear the risks associated with these investments. Hedge fund strategies, such as Equity Hedge, Event Driven, Macro, and Relative Value, may expose investors to risks such as short selling, leverage, counterparty, liquidity, volatility, the use of derivative instruments, and other significant risks.

Cash alternatives: Each type of cash alternatives, such as bank certificates of deposits, Treasury bills, and ultrashort bond mutual funds, has advantages and disadvantages. They typically offer lower rates of return than longer-term equity or fixed-income securities and may not keep pace with inflation over extended periods of time. While government securities are backed by the full faith and credit of the federal government as to payment of principal and interest if held to maturity and are considered free from credit risk, they are subject to interest rate risk.

Commodities: Exposure to the commodities markets may subject an investment to greater share price volatility than an investment in traditional equity or debt securities. The commodities markets are considered speculative, carry substantial risks, and have experienced periods of extreme volatility. Commodities may be affected by changes in overall market movements, commodity index volatility, changes in interest rates, or other factors affecting a particular industry or commodity.

Equities: Equity securities are subject to market risk, which means their value may fluctuate in response to general economic and market conditions and the perception of individual issuers.

Investments in equity securities are generally more volatile than other types of securities. Midand small-cap stocks are generally more volatile, are subject to greater risks, and are less liquid than large-company stocks. Preferred stocks are subject to issuer-specific and market risks. They are generally subordinated to bonds or other debt instruments in an issuer's capital structure, subjecting them to a greater risk of nonpayment than more senior securities.

Fixed income: Investments in fixed-income securities are subject to interest rate, credit/ default, call, liquidity, inflation, and other risks. Bond prices fluctuate inversely to changes in interest rates. Therefore, a general rise in interest rates can result in a decline in the bondâ##s price. Credit risk is the risk that an issuer will default on payments of interest and/or principal.

This risk is heightened in lower-rated bonds. If sold prior to maturity, fixed-income securities are subject to market risk. All fixed-income investments may be worth less than their original cost upon redemption or maturity. Inflation-link fixed-income securities are subject to interest rate risk, especially when real interest rates rise. Municipal bonds offer interest payments exempt from federal taxes, and potentially state and local income taxes. These bonds are subject to interest rate and credit/default risk and potentially the alternative minimum tax (AMT). Quality varies widely depending on the specific issuer. Preferred securities are subject to interest rate and credit risks and are generally subordinated to bonds or other debt instruments in an issuer's capital structure, 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 32 of 38 Portfolio Reports City of Malibu
subjecting them to a greater risk of non-payment than more senior securities. In addition, the issue may be callable which may negatively impact the return of the security. Preferred dividends are not guaranteed and are subject to deferral or elimination.

Foreign investing: Investing in foreign securities presents certain risks not associated with domestic investments, such as currency fluctuation, political and economic instability, and different accounting standards. This may result in greater share price volatility. These risks are heightened in emerging and frontier markets
Infrastructure: Investments in infrastructure companies expose an investment to potentially adverse economic, regulatory, political, and other changes affecting such companies.

Infrastructure companies may also be subject to various other risks, including governmental regulations, high interest costs associated with capital construction programs, costs associated with compliance and changes in environmental regulation, economic slowdown and surplus capacity, competition from other providers of services, and other factors.

Master limited partnerships (MLPs): Investment in master limited partnerships (MLPs) involves certain risks that differ from an investment in the securities of a corporation. MLPs may be sensitive to price changes in oil, natural gas, etc.; regulatory risk; and rising interest rates. A change in the current tax law regarding MLPs could result in the MLP being treated as a corporation for federal income tax purposes, which would reduce the amount of cash flows distributed by the MLP. Other risks include the volatility associated with the use of leverage, volatility of the commodities markets, market risks, supply and demand, natural and man-made catastrophes, competition, liquidity, market price discount from net asset value, and other material risks.

Real estate: Investing in real estate has special risks, including the possible illiquidity of the underlying properties, credit risk, interest rate fluctuations, and the impact of varied economic conditions.

Timberland is an investment in land that produces timber. The two main underlying assets are tree farms and managed natural forests. Returns on Timberland typically come from timber price appreciation, biological growth of trees, and land price appreciation.

Capitalization: Market capitalization definitions differ but one example of capitalization methodology is that of Morningstar, which defines 'large-capitalization' stocks as those stocks that form the top 70% of the market capitalization of the stocks eligible to be included in the Morningstar US Market Index (a diversified broad market index that represents approximately 97% of the market capitalization of publicly traded U.S. Stocks). The Morningstar index methodology defines 'mid-capitalization' stocks as those stocks that form the 20% of market capitalization between the 70th and 90th percentile of the market capitalization and 'small-capitalization' stocks as those stocks that form the 7% of market capitalization between the 90th and 97th percentile of the market capitalization of the stocks eligible to be included in the Morningstar US Market Index Investing in small and mid-cap companies involve additional risks such as limited liquidity and greater volatility.

Term: Short-term bonds have effective maturities of five years or less, intermediate bonds have effective maturities between five and ten years; and long-term bonds have maturities of ten years or longer.

Income from tax exempt bonds is generally free from federal and state taxes for residents of the issuing state. While the interest income is tax-free, capital gains if any are subject to taxes. Income of certain tax-exempt bonds may be subject to the Federal Alternative Minimum Tax (AMT) PM-03202025-5965702.1.1
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 33 of 38 Portfolio Reports City of Malibu
Disclosures
Asset Class Descriptions
The asset class descriptions below are included solely to provide insight into how individual securities are tied to specific asset classes. We use our best efforts to correctly classify investments. However, no warranty of accuracy is made.

Alternative investments: Alternative investments, such as hedge funds, private capital, and private real estate funds, are speculative and entail significant risks that can include losses due to leveraging or other speculative investment practices, lack of liquidity, volatility of returns, restrictions on transferring interests in a fund, potential lack of diversification, absence and/or delay of information regarding valuations and pricing, complex tax structures and delays in tax reporting, less regulation, and higher fees than mutual funds. Hedge fund, private capital, and private real estate fund investing involve other material risks, including capital loss and the loss of the entire amount invested. They are intended for qualified, financially sophisticated investors who can bear the risks associated with these investments. Hedge fund strategies, such as Equity Hedge, Event Driven, Macro, and Relative Value, may expose investors to risks such as short selling, leverage, counterparty, liquidity, volatility, the use of derivative instruments, and other significant risks.

Cash alternatives: Each type of cash alternatives, such as bank certificates of deposits, Treasury bills, and ultrashort bond mutual funds, has advantages and disadvantages. They typically offer lower rates of return than longer-term equity or fixed-income securities and may not keep pace with inflation over extended periods of time. While government securities are backed by the full faith and credit of the federal government as to payment of principal and interest if held to maturity and are considered free from credit risk, they are subject to interest rate risk.

Commodities: Exposure to the commodities markets may subject an investment to greater share price volatility than an investment in traditional equity or debt securities. The commodities markets are considered speculative, carry substantial risks, and have experienced periods of extreme volatility. Commodities may be affected by changes in overall market movements, commodity index volatility, changes in interest rates, or other factors affecting a particular industry or commodity.

Equities: Equity securities are subject to market risk, which means their value may fluctuate in response to general economic and market conditions and the perception of individual issuers.

Investments in equity securities are generally more volatile than other types of securities. Midand small-cap stocks are generally more volatile, are subject to greater risks, and are less liquid than large-company stocks. Preferred stocks are subject to issuer-specific and market risks. They are generally subordinated to bonds or other debt instruments in an issuer's capital structure, subjecting them to a greater risk of nonpayment than more senior securities.

Fixed income: Investments in fixed-income securities are subject to interest rate, credit/ default, call, liquidity, inflation, and other risks. Bond prices fluctuate inversely to changes in interest rates. Therefore, a general rise in interest rates can result in a decline in the bondâ##s price. Credit risk is the risk that an issuer will default on payments of interest and/or principal.

This risk is heightened in lower-rated bonds. If sold prior to maturity, fixed-income securities are subject to market risk. All fixed-income investments may be worth less than their original cost upon redemption or maturity. Inflation-link fixed-income securities are subject to interest rate risk, especially when real interest rates rise. Municipal bonds offer interest payments exempt from federal taxes, and potentially state and local income taxes. These bonds are subject to interest rate and credit/default risk and potentially the alternative minimum tax (AMT). Quality varies widely depending on the specific issuer. Preferred securities are subject to interest rate and credit risks and are generally subordinated to bonds or other debt instruments in an issuer's capital structure, subjecting them to a greater risk of non-payment than more senior securities. In addition, the issue may be callable which may negatively impact the return of the security. Preferred dividends are not guaranteed and are subject to deferral or elimination.

Foreign investing: Investing in foreign securities presents certain risks not associated with domestic investments, such as currency fluctuation, political and economic instability, and different accounting standards. This may result in greater share price volatility. These risks are heightened in emerging and frontier markets
Infrastructure: Investments in infrastructure companies expose an investment to potentially adverse economic, regulatory, political, and other changes affecting such companies.

Infrastructure companies may also be subject to various other risks, including governmental regulations, high interest costs associated with capital construction programs, costs associated with compliance and changes in environmental regulation, economic slowdown and surplus capacity, competition from other providers of services, and other factors.

Master limited partnerships (MLPs): Investment in master limited partnerships (MLPs) involves certain risks that differ from an investment in the securities of a corporation. MLPs may be sensitive to price changes in oil, natural gas, etc.; regulatory risk; and rising interest rates. A change in the current tax law regarding MLPs could result in the MLP being treated as a corporation for federal income tax purposes, which would reduce the amount of cash flows distributed by the MLP.

Other risks include the volatility associated with the use of leverage, volatility of the commodities markets, market risks, supply and demand, natural and man-made catastrophes, competition, liquidity, market price discount from net asset value, and other material risks.

Real estate: Investing in real estate has special risks, including the possible illiquidity of the underlying properties, credit risk, interest rate fluctuations, and the impact of varied economic conditions.

Timberland is an investment in land that produces timber. The two main underlying assets are tree farms and managed natural forests. Returns on Timberland typically come from timber price appreciation, biological growth of trees, and land price appreciation.

Annuities:

Annuities are long-term investments and may be subject to market fluctuations and investment risk. Many annuities offer guarantees that provide protection of an income stream or an account value. All guarantees are subject to the claims paying ability of the issuing insurance companies.

Annuity features and benefits vary and all annuity modeling in Envision is based on a set of general product assumptions. For specific details about how your annuity works, consult your annuity policy. Annuity assumptions are based on general product features and benefit modeling assumptions. The actual features and values of your specific contract may vary, and are determined by the contract terms and the underwriting insurance carrier. For the specific details of your features and benefits, please refer to your contract. Any annuity income amounts displayed on this report may not represent the actual amount available under your rider. Please contact the insurance company for specific income amounts available under your policy.

RMD:

Required Minimum Distributions (RMDs) are provided by a source that is deemed to be reliable.

Assets that are held are not included in the RMD calculation. Please note that these calculations are hypothetical and do not replace actual required minimum distribution calculations which should be made each year on an individualized basis.

Investment Interest/Dividends:
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 34 of 38 Portfolio Reports City of Malibu
The Current Year view takes your current income, based on the current dividends or interest paid by your securities and multiplies it to create an annualized hypothetical figure. It does not reflect actual or future performance and should not be relied upon when making financial decisions.

All annualizations are based upon current positions using a simple mathematical calculation and assumes all figures remain constant for a year; any subsequent position changes will affect these calculations. Calculations for certain types of securities could include a return of principal or capital gain, in which case the figures would be overstated. Past performance is not a guarantee of future results. Dividend payments are made solely at the discretion of the issuer and are subject to be changed or eliminated at any time. Estimated Income is an estimate and the actual income might be lower or higher than the estimated amount. Estimated Income reflects only the income generated by an investment. It does not reflect changes in price, which may fluctuate.

Yield assumptions do not apply to Envision and are reflected only in the Income Dashboard.

Adjustments to default yields are permitted within an allowable range and may have been adjusted by your Financial Advisor.

General Information
Most securities are subject to capital gains taxes and some may be considered in calculations for Alternative Minimum Tax (AMT) that are not so designated here. This report does not attempt to portray phantom income (income accreted or accrued but not paid) on discount or zero coupon securities. You should consult with your tax advisor regarding the taxability of your holdings.

The report may also include information you provided about assets held at other firms. Information on assets held away from Wells Fargo Advisors was provided by you and may not be covered by SIPC. We have relied solely on information from you regarding those assets. We do not verify or confirm those assets held with other firms or affiliates and you are responsible for notifying your Financial Advisor of any changes in your externally held investments including cost basis.

Incomplete or inaccurate cost basis will affect your plan results because the tax assumptions are incorrect. Due to timing issues, if this report includes assets held at a Trust Company, positions and market data should be verified. Before making any decisions please validate your account information with your Financial Advisor. The financial data used to generate this report is provided to Wells Fargo Advisors by third party vendors. While this information is believed to be reliable, it has not been verified. Security ID will be ticker symbol, CUSIP number, Security Number or, if you have provided us with a market value of a generic asset classification type, we will assign a dash.

The Retirement Spending, Other Goals and Income Sources are based off of your Envision Plan.

However, your FA may have chosen to exclude certain cash flows for the purpose of this report.

Taxes
The tax assumptions are based on US federal and state tax rates. Inflation assumptions are based on historical and expected US inflation assumptions. Therefore, results for non-US residents may not be accurate as the actual tax and inflation rates for countries outside of the US may vary significantly from these assumptions. This report does not account for any currency fluctuations which may affect the relative value of cash flows outside of the United States. These currency fluctuations could significantly impact one's ability to meet financial goals.This report is not a substitute for official tax reporting.

The estimated taxes due calculations follow general US federal tax laws. Estimated taxes are calculated for ordinary income, qualified investment income, as well as gains or losses based off the Income Gap calculated value. The taxes are calculated after deductions (including state taxes) and exemptions are applied to the taxable income. The Income Gap calculated value is the amount of investment principal needed to meet the remainder of the Total Spending Goal after all income is spent.

This report is not a substitute for your own records and the year-end 1099 form. Cost data and acquisition dates provided by you are not verified by our firm. Our firm does not render legal, accounting or tax advice. Please consult your legal tax advisors before taking any action that may have tax consequences.

Effective tax rates may have been adjusted by your Financial Advisor. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 35 of 38 Portfolio Reports City of Malibu
Strategic Allocations (Standard)
Additional firm-sponsored strategic allocation models may be selected for your Investment Plan that may include updated asset allocation assumptions or may vary slightly from these standard strategic allocation models. Please refer to your Current vs. Strategic Allocation page for an illustration of the allocation mix for these models.

Name Conservative
Income
Conservative
Growth &
Income
Conservative
Growth
Moderate
Income
Moderate
Growth &
Income
Moderate
Growth
Aggressive
Income
Aggressive
Growth &
Income
Aggressive
Growth
U.S. Mid Cap
Equities

2.00% 8.00% 13.00% 5.00% 10.00% 14.00% 7.00% 12.00% 16.00% U.S. Large Cap
Equities

12.00% 20.00% 30.00% 16.00% 24.00% 31.00% 19.00% 28.00% 31.00% High Yield Taxable
Fixed Income

3.00% 6.00% 3.00% 4.00% 6.00% 3.00% 6.00% 7.00% 0.00%
Emerging Market
Fixed Income

3.00% 5.00% 0.00% 5.00% 5.00% 0.00% 8.00% 6.00% 0.00%
U.S. Long Term
Taxable Fixed
Income

14.00% 7.00% 3.00% 11.00% 5.00% 0.00% 8.00% 4.00% 0.00% U.S. Intermediate
Term Taxable Fixed
Income

45.00% 23.00% 9.00% 36.00% 18.00% 6.00% 29.00% 12.00% 0.00% U.S. Short Term
Taxable Fixed
Income

17.00% 9.00% 4.00% 13.00% 7.00% 2.00% 10.00% 4.00% 0.00% Commodities 2.00% 4.00% 5.00% 2.00% 4.00% 5.00% 2.00% 4.00% 5.00% Taxable Cash
Alternatives

2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
Emerging Market
Equities

0.00% 4.00% 9.00% 0.00% 5.00% 12.00% 0.00% 6.00% 15.00% Developed Market
ex-U.S. Equities

0.00% 7.00% 14.00% 4.00% 8.00% 15.00% 7.00% 9.00% 18.00% U.S. Small Cap
Equities

0.00% 5.00% 8.00% 2.00% 6.00% 10.00% 2.00% 6.00% 13.00% 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 36 of 38 Portfolio Reports City of Malibu
Strategic Capital Market Assumptions
IMPORTANT: The projections or other information regarding the likelihood of various investment outcomes are forecasts, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.

The Capital Market Assumptions (CMAs) are estimates of how asset classes may perform over the long term, covering multiple economic and market cycles.

Expected portfolio statistics assume a broadly diversified allocation, taking into account the expected returns, risks, and correlations of the asset classes within the allocation. To the extent that the investor's portfolio is not as diversified as the assumptions made for the asset class, the return and risk potential for the portfolio may vary significantly from the assumed allocation.

The CMAs used within this illustration are forward looking and based on a building-block approach of risk premiums and represent expected returns over the long term, covering multiple economic and market cycles. The returns for each asset class reflect the premium above the risk-free rate of return (expected inflation and cash premium/discount) that investors are likely to demand in order to compensate for the risk of holding those assets. All expected portfolio return and downside risk calculations are based on the CMAs. These assumptions may differ greatly from the short-term performance and volatility experienced by your actual investment holdings. There are no assurances that the estimates will be achieved. They have been provided as a guide to help you with your investment planning.

Capital market and asset-class assumptions are estimates of how asset classes may perform over the long term, covering multiple economic and market cycles.

Expected portfolio statistics assume a broadly diversified allocation, taking into account the expected returns, risks, and correlations of the asset classes within the allocation. For example, downside risk is based on our assumptions about average returns, and the variability of returns represents the minimum return that would be statistically likely in 95% of annual returns. In other words, in 19 out of 20 years, performance likely would be better than this figure, and in the 20th year, it likely would be worse. There is no guarantee that any particular 20-year period would follow this pattern. To the extent that the investor's portfolio is not as diversified as the assumptions made for the asset class, the return and risk potential for the portfolio may vary significantly from the assumed allocation. The Capital Market Assumptions used within this illustration are forward looking and based on a building-block approach of risk premiums and represent expected returns over the long term, covering multiple economic and market cycles. The returns for each asset class reflect the premium above the risk-free rate of return (expected inflation and cash premium/discount) that investors are likely to demand in order to compensate for the risk of holding those assets. These assumptions may differ greatly from the short-term performance and volatility experienced by your actual investment holdings. Expected returns represent our estimate of likely average returns over the next several market cycles. They do not represent the returns that an investor should expect in any particular year. The return and downside risk assumptions are statistical averages that do not represent the experience of any individual investor or any specific time period. Standard deviation is a measure of volatility. It reflects the degree of variability surrounding the outcome of an investment decision; the higher the standard deviation, the greater the risk. Dividend yield on an equity or real-asset investment represents the projected dividend as a percentage of the purchase price. The assumptions are not designed to predict actual performance, and there are no assurances that any estimates used will be achieved. The information given has been provided as a guide to help with investment planning and does not represent the maximum loss a portfolio could experience. Sharpe ratio measures the additional return that an investor could expect to receive for accepting additional risk.

Asset Class Downside Risk Average Annual Return1
U.S. Large Cap Equities -15.25% 7.78%
U.S. Mid Cap Equities -15.98% 8.28%
U.S. Small Cap Equities3 -19.77% 8.00%
Developed Market ex-U.S. Equities -17.33% 6.88%
Emerging Market Equities4 -20.91% 7.99%
U.S. Short Term Taxable Fixed Income 0.68% 3.11%
U.S. Intermediate Term Taxable Fixed Income -1.71% 3.89% U.S. Long Term Taxable Fixed Income -8.71% 5.03%
High Yield Taxable Fixed Income2 -7.72% 6.74%
12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 37 of 38 Portfolio Reports City of Malibu
Asset Class Downside Risk Average Annual Return1
U.S. Short Term Tax Exempt Fixed Income -0.20% 2.64%
U.S. Intermediate Term Tax Exempt Fixed Income -3.09% 3.28% U.S. Long Term Tax Exempt Fixed Income -3.80% 4.47%
High Yield Tax Exempt Fixed Income2 -5.79% 5.82%
Developed Market ex-U.S. Fixed Income -9.63% 2.67%
Emerging Market Fixed Income4 -8.66% 6.49%
Inflation-Linked Fixed Income -8.10% 3.49%
Preferred Stock -12.73% 4.44%
Private Real Estate -11.08% 8.14%
Commodities -15.50% 7.51%
Master Limited Partnerships (MLPs) -16.93% 8.53%
Private Infrastructure -9.72% 8.17%
Global Hedge Funds -4.19% 5.89%
Global Liquid Alternatives -2.95% 3.41%
Private Equity -16.99% 12.11%
Private Debt -10.82% 9.07%
Specialty Assets -8.31% 6.50%
Taxable Cash Alternatives 1.68% 2.50%
Tax Exempt Cash Alternatives 1.30% 2.12%
Additional Disclosures
1 The Average Annual Return is time-weighted. It is a measure of the compound rate of growth of the asset class. 2 Various rating services, such as Standard and Poor's and Moody's Investor Service rate the creditworthiness of bonds. Investing in lower-rated debt securities or funds that invest in such securities involves additional risk because of the lower credit quality of the security or fund portfolio. These securities or funds are subject to a higher level of volatility and increased risk of default, or loss of principal. 3 Investing in small companies or mutual funds that invest in small companies involves additional risk. Smaller companies typically have a higher risk of failure and are not as well established as larger blue chip companies. Historically, smaller-company stocks have experienced a greater degree of price volatility than the overall market average. 4 International investing may involve special risks such as currency fluctuation, political instability, and different methods of accounting and reporting requirements. * Hedge Fund Research, Inc. ©2023, www.hedgefundresearch.com Alternative investments carry specific investor qualifications which can include high income and net-worth requirements as well as relatively high investment minimums. They are complex investment vehicles which generally have high costs and substantial risks. They tend to be more volatile than other types of investments and present an increased risk of investment loss. There may also be a lack of transparency as to the underlying assets. Alternative investments are subject to fewer regulatory requirements than mutual funds and other registered investment company products and thus may offer investors fewer legal protections than they would have with more traditional investments. Additionally, there may be no secondary market for alternative investment interests and transferability may be limited or even prohibited. 12/01/2023 © 2023. London Stock Exchange Group. All rights reserved. Page 38 of 38

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Account protection: WFCS is a member of the Securities Investor Protection Corporation (SIPC) which protects Pricing of securities: Securities prices on your statement may vary from actual liquidation value. Prices are against the loss of cash and securities held in client accounts of a SIPC member firm in the event of the member's provided by outside quotation services which we believe are reliable but due to the nature of market data the accuracy insolvency and liquidation. SIPC coverage is limited to $500,000 per customer, including up to $250,000 for cash. For cannot be guaranteed. In the absence of such pricing, prices are estimated by WFCS using available information and more information on SIPC coverage, please see the explanatory brochure at www.sipc.org or contact SIPC at (202) its judgment. Such estimates may not reflect actual trades and do not reflect a commitment by the firm to buy or sell 371-8300. In addition, WFCS maintains additional insurance coverage provided through London Underwriters (led by at those prices. Securities listed on a national exchange are priced as of the close of the statement period. Unlisted Lloyd's of London Syndicates). This additional insurance policy becomes available to clients if their SIPC limit is shares may be valued at the current best published "bid-price", and, if none exists, the last reported transaction if exhausted and provides additional protection up to a firm aggregate of $1 billion, including up to $1.9 million for cash occurring within the last 45 days. Prices of securities not actively traded may not be available and are indicated by per client. SIPC does not insure the quality of investments or protect against market losses. SIPC only protects the "N/A." Corporate and municipal bonds and other fixed income securities are priced by a computerized pricing service custody function of their members, which means that SIPC works to restore to clients their securities and cash that or, if less actively traded, by utilizing a yield-based matrix system to arrive at an estimated market value. Listed are in their accounts when the member firm liquidation begins. Not all investments are protected by SIPC. In general, options are priced based on the closing "bid-ask" prices and the last reported trade. Mutual fund shares are priced at SIPC does not cover instruments such as unregistered investment contracts, unregistered limited partnerships, fixed net asset value. Shares of direct participation program (DPP) and real estate investment trust (REIT) securities that annuity contracts, escrow receipts, direct investments, currency, commodities or related contracts, hedge funds and are not listed on a national exchange are generally illiquid. Because no trading market exists for these investments, certain other investments. their values are estimated. Unless otherwise indicated, the values shown for DPP and REIT securities have been provided by the management of each program and represent that management's estimate of the investor's interest in Free credit balances: Free credit balances are not segregated and may be used by WFCS in the operation of its the net assets of the program. See statement sections for additional pricing information. Values for hedge funds and business in accordance with applicable laws and regulations. You have the right to receive from us in the course of certain managed futures funds are provided on a month delay basis. Other managed futures funds may be priced normal business operations, subject to any open commitments in any of your accounts, any free credit balances to more frequently. Long-term certificates of deposit (maturity beyond one year from date of issue) are priced using a which you are entitled. market value pricing model. The sale or redemption price of your securities may be higher or lower than the prices Investment objectives/Risk tolerances: Please inform us promptly of any material change that might affect shown on your statement. For an actual quote, contact the individual servicing your account. your investment objectives, risk tolerances or financial situation, or if you wish to impose or change any reasonable Estimated annual income/yield: Estimated Annual Income (EAI), when available, reflects the estimated amount restrictions on the management of your account. A copy of the Investment Advisory Services Disclosure document is you would earn on a security if your current position and its related income remained constant for a year. Estimated available without charge upon request. Please contact the individual denoted on the front of your statement to update Annual Yield (EAY), when available, reflects the current estimated annual income divided by the current value of the your information and to receive a copy of this document. security as of the statement closing date. EAI and EAY are estimates and the actual income and yield might be lower Option accounts: Pursuant to FINRA Rule 2360, option assignment notices are randomly allocated by an or higher than the estimated amounts. EAY reflects only the income generated by an investment. It does not reflect automated process amongst all client short option positions that are subject to exercise, including posi ions changes in its price, which may fluctuate. The information used to derive these estimates is obtained from various established on the day of assignment. Transaction confirmations that were previously furnished to you provides outside vendors; WFCS and Wells Fargo Advisors Financial Network, LLC are not responsible for incorrect or information on commissions and other charges related to your option transaction executions. Details of our random missing estimated annual income and yields. Past performance is not a guarantee of future results. allocation procedures and copies of transaction confirmations are available upon request.

Income summary: The Income summary displays all income as recorded in the tax system as of period end date.

The totals in the Cash flow snapshot may not match the totals in the Income snapshot due to reclassifications or other corrections made in the tax system. Remember, you may have certain products that are not included in these figures and whose income is only available on the tax forms sent to you at year-end. Reclassifications and other tax reporting requirements may alter these numbers both during and after year end. You should rely only on tax reporting documents. Contact your tax advisor if you have any questions about the tax consequences of your brokerage activity.

Texas designation: If you are a resident of Texas who has purchased mutual fund shares, you may designate a representative to receive notification to assist in avoiding escheatment of assets in your investment account to the State of Texas. The designated representative does not have any rights to your account. Please use the Texas Unclaimed Property link (https://claimittexas.org/) to access the Designation of Representative for Notice Request form which you may complete and return to us at ATTN: H0006-08K, 1 N. Jefferson Ave, St. Louis, MO 63103 or return by email at [email protected].

Tax reporting: We are required by federal law to report annually to you and to the Internal Revenue Service (IRS) on Form(s) 1099 interest income, dividend payments and sales proceeds including cost basis information for applicable transactions credited to your account.

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CITY OF MALIBU

RUTH QUINTO
NOVEMBER 1, 2023 - NOVEMBER 30, 2023
ACCOUNT NUMBER:

Cash flow summary THIS PERIOD THIS YEAR
Opening value of cash and sweep balances $137,545.57
Income and distributions 81,720.94 1,337,583.80
Securities sold and redeemed 1,500,000.00 30,280,522.44 Electronic funds transfers 0.00 85,000,000.00
Other additions 0.00 7.00
Net additions to cash $1,581,720.94 $116,618,113.24
Securities purchased -1,713,874.61 -116,658,555.86
Net subtractions from cash -$1,713,874.61 -$116,658,555.86 Closing value of cash and sweep balances $5,391.90
Income summary * THIS PERIOD THIS YEAR
TAXABLE Money market/sweep funds 1,199.98 20,686.86
Interest 59,837.59 1,474,804.63
Ordinary dividends and ST capital gains 20,683.37 158,827.35 Total taxable income $81,720.94 $1,654,318.84
Total federally tax-exempt income $0.00 $0.00
Total income $81,720.94 $1,654,318.84
* Certain distributions made in he current year are reported as prior year income according to IRS regulations. This may cause a difference between Cash Flow and Income Summary totals.

Gain/loss summary UNREALIZED THIS PERIOD REALIZED THIS YEAR REALIZED Short term (S) -117,757.83 0.00 0.00
Long term (L) -118,374.47 0.00 0.00
Total -$236,132.30 $0.00 $0.00

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CITY OF MALIBU

RUTH QUINTO
NOVEMBER 1, 2023 - NOVEMBER 30, 2023
ACCOUNT NUMBER:

Your Financial Advisor Client service information
WILLIAM GOMBERG 701 S PARKER STREET Client service: 800-266-6263 Phone: 714-497-1366 SUITE 2500 Website: www.wellsfargoadvisors.com ORANGE, CA 92868
Account profile
Full account name: CITY OF MALIBU

RUTH QUINTO
Account type: Brokerage Cash Services For your consideration Brokerage account number: Go paperless. Accessing your account documents online is easy, secure, and Brokerage Cash Services number: costs nothing. Sign on at wellsfargoadvisors.com, go to Portfolio and select Tax status: Non-Profit Statements & Docs, and then click on the Delivery Preferences link. Choose Investment objective/Risk tolerance:* CONSERVATIVE INCOME Paperless - All Docs or view your Delivery Settings details to select specific Time horizon:* INTERMEDIATE (3-5 YEARS) account documents for paperless delivery. If you do not have a Username and Liquidity needs:* MODERATE Password, visit wellsfargoadvisors.com/signup or call 1-877-879-2495 for Cost Basis Election: First in, First out enrollment assistance.

Sweep option: ALLSPRING GOVERNMENT MONEY
MARKET Document delivery status
*For more information, please visit us at: www.wellsfargoadvisors.com/disclosures Paper Electronic Statements: X Available funds Trade confirmations: X
Cash -1,436,700.83 Tax documents: X
Money market and sweep funds 1,442,092.73 Shareholder communications: X Available for loan 0.00 Other documents: X
Your total available funds $5,391.90

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072 ANCA ANC9