Agenda packet, second session — Malibu City Council, November 24, 2025 (part 1 of 10)

PLEASE DOWNLOAD THE AGENDA DOCUMENT FOR

INSTRUCTIONS ON HOW TO PARTICIPATE IN THE MEETING
Seconded Amended Agenda
CC251124_SECOND AMENDED AGENDA.PDF
Item 1A1
Second Reading and Adoption of Ordinance No. 529
CC251124_ITEM 1A1.PDF
Item 1B2
Approve Warrants
CC251124_ITEM 1B2.PDF
Item 1B3
Approval of Minutes
CC251124_ITEM 1B3.PDF
Item 1B4
Investment Report for the Month Ending October 31, 2025 CC251124_ITEM 1B4.PDF
Item 1B5
Acceptance of Clover Heights Avenue Storm Drain Improvements Project CC251124_ITEM 1B5.PDF

1. Documents:

2. Documents:

3. Documents:

4. Documents:

5. Documents:

6. Documents:

Acceptance of Clover Heights Avenue Storm Drain Improvements Project CC251124_ITEM 1B5.PDF
Item 1B6
Resolution Extending the Declaration of the Existence of a Local Emergency Regarding Conditions on Pacific Coast Highway (PCH)
CC251124_ITEM 1B6.PDF
Item 1B7
Resolution Extending the Declaration of the Existence of a Local Emergency and Continuing a Program for Reducing the Risk of Fires Associated with Individuals Engaged in Unpermitted Camping
CC251124_ITEM 1B7.PDF
Item 1B8
Resolution Extending the Declaration of the Existence of a Local Emergency Regarding the Palisades Fire
CC251124_ITEM 1B8.PDF
Item 1B9
Resolution Extending the Declaration of the Existence of a Local Emergency Regarding the Franklin Fire
CC251124_ITEM 1B9.PDF
Item 5A
Malibu Community Labor Exchange Project – A request to increase the property’s floorarea-ratio, from 0.193 to 0.195, for the significant public benefits provided by the project conditionally approved by Coastal Development Permit No. 23-053 and Conditional Use Permit No. 23-005 for constructing a standalone office building for the continued operation of a day labor hiring site (Applicant: City of Malibu, Property Owner: Los Angeles County, Address: 23525 Civic Center Way)
CC251124_ITEM 5A.PDF
Item 5B
Documents:

7. Documents:

8. Documents:

9. Documents:

10. Documents:

11. Documents:
12 CC251124_ITEM 5A.PDF
Item 5B
Appeal of Planning Commission Resolution No. 25-69 Regarding Coastal Development Permit No. 25-009 – An application to install 19 new guardrails, 22 new or upgraded curb ramps, 6,956 linear feet of new sidewalks, three new retaining walls, two realigned intersections, 27 new light poles, 9.7 miles of new or upgraded bike lanes, a vehicle pullout for law enforcement use, median reconstruction at various locations, and associated roadway improvements along Pacific Coast Highway within the Public Right-of-Way (Citywide, along Pacific Coast Highway within the Public Right-of-Way from Serra Road to the Ventura County border, Owner: California Department of Transportation; Appellant:

Malibu Township Council)
CC251124_ITEM 5B.PDF
CC251124_ITEM 5B_SUPPLEMENTAL 1.PDF
CC251124_ITEM 5B_SUPPLEMENTAL 2.PDF
Item 6A
Request to Re-Establish a Temporary Volunteer Fire Rebuild Ambassador CC251124_ITEM 6A.PDF
Item 7A
Public Safety Patrols at City Parks
CC251124_ITEM 7A.PDF
Item 7B
General Plan Safety Element Update
CC251124_ITEM 7B.PDF
CC251124_ITEM 7B_SUPPLEMENTAL.PDF
Item 7C
Amendment to the Malibu Local Coastal Program and Malibu Municipal Code Title 17 (Zoning) Modifying Standards Related to Beachfront Total Development Square Footage and Establishing a Beachfront Definition
CC251124_ITEM 7C.PDF
Documents:

12. Documents:

13. Documents:

14. Documents:

15. Documents:

16. Documents:
(Zoning) Modifying Standards Related to Beachfront Total Development Square Footage and Establishing a Beachfront Definition
CC251124_ITEM 7C.PDF
Item 7D
Professional Services Agreements for Rebuild Consulting Services CC251124_ITEM 7D.PDF
Item 8A
Proposed 2026 Calendar of City Council Meetings
CC251124_ITEM 8A.PDF
Item 8B
Council Appointment to the Malibu Arts Commission
CC251124_ITEM 8B.PDF
CC251124_ITEM 8B_SUPPLEMENTAL.PDF
Item 8C
Proposal for a Council Policy to Facilitate the Expeditious, Efficient and Economical Rebuild of all Structures in the City Destroyed or Materially Damaged by Wildfire, Earthquake, Flood, Landslide, Mudslide or Similar Disaster in Substantially the Same Location as the Destroyed or Damaged Structure and in a Like-for-Like Manner that Does Not Exceed 110% of the Area, Height or Bulk of the Structure Destroyed or Materially Damaged (a “Like-for-Like Disaster Rebuild”). (Mayor Pro Tem Silverstein and Councilmember Conrad)
CC251124_ITEM 8C.PDF
Documents:

17. Documents:

18. Documents:

19. Documents:

20. Documents:

HOW TO VIEW THE MEETING: The meeting will be live streamed at www.malibucity.org/video and via Zoom Webinar.

HOW TO PARTICIPATE BEFORE THE MEETING: Members of the public are encouraged to submit email correspondence to [email protected] before the meeting begins.

HOW TO PARTICIPATE IN-PERSON DURING THE MEETING: In order to participate inperson, each speaker must complete and submit to the Recording Secretary a Request to Speak form.

In-person participants may also surrender their opportunity to speak on a particular item to defer one minute to another in-person speaker. Meeting room doors will open 30 minutes before the meeting.

HOW TO PARTICIPATE REMOTELY DURING THE MEETING: The City has been experiencing extreme technical issues with its broadcast and zoom capabilities. It is strongly recommended that those who wish to participate do so in person as zoom participation is not guaranteed. While the City intends to allow zoom participation if possible, the meeting will not be cancelled or continued if technical difficulties impact the ability to accept public participation over Zoom. In such case only in-person participation will be allowed. In order to participate remotely, you must be present in the Zoom Webinar during the item that you would like to speak on and use the Raise Hand feature to request to speak when the Mayor calls the item. When you join the Zoom Webinar you may see a pop-up asking you to enter an email address, but a valid email address is not required.

Second Amended1Malibu City Council
Regular Meeting Agenda
Monday, November 24, 2025
5:00 P.M. - CLOSED SESSION
City Hall – Council Chambers (call to order)
Westward Room (closed session)
23825 Stuart Ranch Road
5:30 P.M. – CITY COUNCIL REGULAR MEETING
City Hall – Council Chambers
23825 Stuart Ranch Road
Zoom Webinar Link:
https://us02web.zoom.us/j/88919405977
Five p.m. Convene for Purpose of Closed Session
Call to Order – Mayor (Council Chambers)
1 See the addition of Consent Calendar Item Nos. 1.B.8. and 1.B.9., and New Business Item No. 7.D.; and modified title for Ordinance and Public Hearing Item No. 5.B. The previous amended agenda added Closed Session, Public Hearing Item No. 5.B., Old Business Item No.6. A., and Councilmember Item No. 8.C.

SECOND AMENDED City Council Regular Meeting Agenda Page - 2 - November 24, 2025 Public Comment on Closed Session Items
Recess to Closed Session (to be held in the Westward Room) This time has been set aside for the City Council to meet in a closed session to discuss matters pursuant to Government Code Sections 54956.9(d)(4), 54957, and 54957.6. Based on the advice of the City Attorney, discussion in open session concerning these matters would prejudice the position of the City in this litigation. The City Attorney will give an additional oral report regarding the Closed Session at the beginning of the next regular City Council meeting. At the conclusion of the Closed Session, the Council may continue any item listed on the Closed Session agenda to the Open Session agenda for discussion or to take formal action as it may deem appropriate.

Personnel Matters pursuant to Government Code Section 54957:

1. Public Employee Appointment
Title: City Manager
Conference with Labor Negotiator pursuant to Government Code Section 54957.6:

1. City representative: Interim City Attorney Trevor Rusin Unrepresented employee: City Manager
Conference with Legal Counsel – Anticipated Litigation

1. Initiation of litigation pursuant to paragraph (4) of subdivision (d) of Government Code section 54956.9
Number of potential cases: (2)
Five-thirty p.m. Regular Session
Call to Order - Mayor
Roll Call - Recording Secretary
Pledge of Allegiance
Closed Session Report
Report on Posting of Agenda – November 14, 2025; Amended Agenda posted November 20, 2025; Second Amended Agenda posted November 21, 2025
Approval of Agenda

1. Consent Calendar
Items in Consent Calendar Section A have already been considered by the Council at a previous meeting where the public was invited to comment, after which a decision was made. Resolutions concerning decisions made at previous meetings are for the purpose of memorializing the decision to assure the accuracy of the findings, the prior vote, and any conditions imposed. Items in Consent Calendar Section B have not been discussed previously by the Council. Members of the public may comment on the consent calendar as a whole. After public comment, the Council may remove items from the Consent Calendar for individual consideration before adopting the Consent Calendar.

SECOND AMENDED City Council Regular Meeting Agenda Page - 3 - November 24, 2025 A. Previously Discussed Items

1. Second Reading and Adoption of Ordinance No. 529
Recommended Action: Conduct second reading, unless waived, and adopt Ordinance No. 529, amending Malibu Municipal Code Sections 2.56.070, 2.56.110, and 2.56.12, increasing the City Manager’s purchasing authority from $25,000 to $60,000 and raising the small purchase/open-market purchases procedure from $5,000 to $10,000 in line with rate of inflation.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228 B. New Items

1. Waive Further Reading
Recommended Action: After the City Attorney has read the title, waive full reading of ordinances considered on this agenda for introduction on first reading and/or second reading and adoption.

Staff Contact: Interim City Attorney Rusin, 456-2489, ext. 228

2. Approve Warrants
Recommended Action: Allow and approve warrant demand numbers 77166-77298 on the register from the General Fund and direct the City Manager to pay out the funds to each of the claimants listed in Warrant Register No. 779 in the amount of the warrant appearing opposite their names, for the purposes stated on the respective demands in a total amount of $4,346,090.95. City of Malibu payroll check number 5534-5537 and ACH deposits were issued in the amount of $549,737.l l.

Staff Contact: Interim Assistant City Manager Smith, 456-2489, ext. 239

3. Approval of Minutes
Recommended Action: Approve the minutes for the May 27, 2025 Regular Meeting.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228

4. Investment Report for the Month Ending October 31, 2025 Recommended Action: Receive the Investment Report for the month ending October 31, 2025.

Staff Contact: Interim Assistant City Manager Smith, 456-2489, ext. 239 SECOND AMENDED City Council Regular Meeting Agenda Page - 4 - November 24, 2025

5. Acceptance of Clover Heights Avenue Storm Drain Improvements Project Recommended Action: 1) Accept the work performed by J. Vega Engineering, Inc. for the Clover Heights Storm Drain Improvements Project, Specification No. 2101 as complete; and 2) Authorize the Public Works Director to submit for recordation a Notice of Completion.

Staff Contact: Public Works Director DuBoux 456-2489, ext. 339

6. Resolution Extending the Declaration of the Existence of a Local Emergency Regarding Conditions on Pacific Coast Highway (PCH)
Recommended Action: Adopt Resolution No. 25-54 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.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228

7. Resolution Extending the Declaration of the Existence of a Local Emergency and Continuing a Program for Reducing the Risk of Fires Associated with Individuals Engaged in Unpermitted Camping
Recommended Action: Adopt Resolution No. 25-55 extending the declaration of the existence of a local emergency and continuing a program for reducing the risk of fires associated with individuals engaged in unpermitted camping.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228

8. Resolution Extending the Declaration of the Existence of a Local Emergency Regarding the Palisades Fire
Recommended Action: Adopt Resolution No. 25-58, extending the declaration of the existence of a local emergency in response to the Palisades Fire.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228

9. Resolution Extending the Declaration of the Existence of a Local Emergency Regarding the Franklin Fire
Recommended Action: Adopt Resolution No. 25-59, extending the declaration of the existence of a local emergency in response to the Franklin Fire.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228

2. Ceremonial/Presentations
None.

SECOND AMENDED City Council Regular Meeting Agenda Page - 5 - November 24, 2025

3. Commission / Committee / City Manager Updates

4. Written and Oral Communications from the Public (Subsequent items to be heard after 6:30 p.m.) The Oral Communication portion of the agenda is for members of the public to present items, which are not listed on the agenda but are under the subject matter jurisdiction of the City Council. No action may be taken under, except to direct staff, unless the Council, by a two-thirds vote, determines that there is a need to take immediate action and that need came to the attention of the City after the posting of the agenda. Although no action may be taken, the Council and staff will follow up, at an appropriate time, on those items needing response.

A. Communications from the Public concerning matters which are not on the agenda but for which the City Council has subject matter jurisdiction. City Council may not act on these matters except to refer the matters to staff or schedule the matters for a future agenda.

B. City Council Subcommittee reports / Mayor and Councilmember meeting attendance, reports and inquiries

5. Ordinances and Public Hearings
For Public Hearings involving zoning matters the appellant and applicant will be given 15 minutes each to present their position to the City Council, including rebuttal time.

A. Malibu Community Labor Exchange Project – A request to increase the property’s floor-area-ratio, from 0.193 to 0.195, for the significant public benefits provided by the project conditionally approved by Coastal Development Permit No. 23-053 and Conditional Use Permit No. 23-005 for constructing a standalone office building for the continued operation of a day labor hiring site (Applicant: City of Malibu, Property Owner: Los Angeles County, Address: 23525 Civic Center Way)
Recommended Action: Continue the item to the December 8, 2025 Regular City Council meeting.

Staff Contact: Community Development Director Bundy, 456-2489, ext. 229 B. Appeal of Planning Commission Resolution No. 25-69 Regarding Coastal Development Permit No. 25-009 – An application to install 19 new guardrails, 22 new or upgraded curb ramps, 6,956 linear feet of new sidewalks, three new retaining walls, two realigned intersections, 27 new light poles, 9.7 miles of new or upgraded bike lanes, a vehicle pull-out for law enforcement use, median reconstruction at various locations, and associated roadway improvements along Pacific Coast Highway within the Public Right-of-Way (Citywide, along Pacific Coast Highway within the Public Right-of-Way from Serra Road to the Ventura County border, Owner: California Department of Transportation; Appellant: Malibu Township Council) Recommended Action: Either: 1) Adopt Resolution No. 25-57 (Exhibit 1) Determining the Project Is Exempt from the California Environmental Quality Act, Denying Appeal No. 25-007, and Approving Coastal Development Permit No. 25-009 for the Installation of 19 New Guardrails, 22 New or Upgraded Curb Ramps, 6,956 Linear Feet of New Sidewalks, Three New Retaining Walls, Two Realigned Intersections, 27 New Light Poles, 9.7 Miles of New or Upgraded Bike Lanes, a Vehicle Pull-Out for Law Enforcement Use, Median Reconstruction at Various Locations, and Associated Roadway Improvements Along Pacific Coast Highway Within the Public Right-of-Way Between the Ventura County Line and Serra Road (California Department of Transportation); or 2) direct staff to return with a resolution denying the project.

Staff Contact: Community Development Director Bundy, 456-2489, ext. 229 SECOND AMENDED City Council Regular Meeting Agenda Page - 6 - November 24, 2025

6. Old Business
Old Business items have appeared on previous agendas with no final action having been taken.

A. Request to Re-Establish a Temporary Volunteer Fire Rebuild Ambassador Recommended Action: Provide direction regarding the request to re-establish a Temporary Volunteer Fire Rebuild Ambassador.

Staff Contact: Interim City Manager Bond, 456-2489, ext. 226

7. New Business
New Business items are appearing for the first time for formal action.

A. Public Safety Patrols at City Parks
Recommended Action: 1) Review options for public safety patrols to address illegal activity at Legacy Park and Bluffs Park; and 2) Provide direction to staff, if appropriate.

Staff Contact: Public Safety Director Dueñas, 456-2489, ext. 313 B. General Plan Safety Element Update
Recommended Action: 1) Receive a presentation on the draft update to the Safety Element of the City of Malibu General Plan, and 2) Provide feedback for consideration.

Staff Contact: Public Safety Director Dueñas, 456-2489, ext. 313 C. Amendment to the Malibu Local Coastal Program and Malibu Municipal Code Title 17 (Zoning) Modifying Standards Related to Beachfront Total Development Square Footage and Establishing a Beachfront Definition
Recommended Action: 1) Adopt Resolution No. 25-56 initiating amendments to the Local Coastal Program (LCP) and Title 17 (Zoning) of the Malibu Municipal Code (MMC) modifying standards related to beachfront total development square footage (TDSF), clarifying the definition of beachfront lots, and addressing related issues; 2) Direct staff to schedule a meeting with the Zoning Ordinance Revisions and Code Enforcement Subcommittee (ZORACES); and 3) Direct the Planning Commission to schedule a public hearing regarding the same following the ZORACES recommendation.

Staff Contact: Community Development Director Bundy, 456-2489, ext. 229 SECOND AMENDED City Council Regular Meeting Agenda Page - 7 - November 24, 2025 D. Professional Services Agreements for Rebuild Consulting Services Recommended Action: A) Authorize the Mayor to execute individual Professional Services Agreements for Fire Recovery and Rebuild Consulting Services for the following consulting firms:1) 4LEAF, Inc.; 2) Bureau Veritas North America, Inc.; 3) California Coastal Works, LLC.; 4) Casswell Consulting Inc.; 5) CJ Biomonitoring Inc.; 6) CSG Consultants Inc.; 7) Envicom, Inc.; 8) Fox Onsite Solutions, Inc.; 9) Iris Consulting, Inc.;10) Interwest Consulting Group, Inc.; 11) Kimley-Horn and Associates, Inc.; 12) Michael Baker International; 13) Moffat & Nichol, Inc.; 14) NV5, Inc.; 15) Premium Planning Solutions, Inc.; 16) Rincon Consultants, Inc.; 17) True North Compliance Services, Inc.; 18) VCA Consultants; and B) Authorize the City Manager or designee to amend any of the approved agreements if necessary for compliance with the requirements or recommendations of the California Office of Emergency Services (CalOES) and/or Federal Emergency Management Agency (FEMA) and/or any other governmental agency, in a form approved by the City Attorney.

Staff Contact: Public Works Director DuBoux 456-2489, ext. 339

8. Council Items
City Council Items are items, which individual members of the City Council may bring up for action, to propose future agenda items or to suggest future staff assignments.

A. Proposed 2026 Calendar of City Council Meetings
Recommended Action: Approve the proposed 2026 Calendar of City Council meetings.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228 B. Council Appointment to the Malibu Arts Commission
Recommended Action: Councilmember Stewart to make an appointment to the Malibu Arts Commission.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228 C. Proposal for a Council Policy to Facilitate the Expeditious, Efficient and Economical Rebuild of all Structures in the City Destroyed or Materially Damaged by Wildfire, Earthquake, Flood, Landslide, Mudslide or Similar Disaster in Substantially the Same Location as the Destroyed or Damaged Structure and in a Like-for-Like Manner that Does Not Exceed 110% of the Area, Height or Bulk of the Structure Destroyed or Materially Damaged (a “Like-for-Like Disaster Rebuild”). (Mayor Pro Tem Silverstein and Councilmember Conrad)
Recommended Action: At the request of Mayor Pro Tem Silverstein and Councilmember Conrad, discuss and provide direction on the attached resolution.

Staff Contact: Interim City Manager Bond, 456-2489, ext. 226 Adjournment
SECOND AMENDED City Council Regular Meeting Agenda Page - 8 - November 24, 2025 Future Meetings
Monday, December 8, 2025 5:30 p.m. Regular City Council Meeting City Hall Council Chambers Monday, December 22, 2025 5:30 p.m. CANCELLED
Monday, January 12, 2025 5:30 p.m. Regular City Council Meeting City Hall Council Chambers Guide to the City Council Proceedings and Decorum
Public Communications: Each speaker is limited to three (3) minutes. Members of the public may speak during the meeting in-person or through the Zoom application, although it is strongly recommended that those who wish to participate do so in person. While the City intends to allow zoom participation, the meeting will not be cancelled or continued if technical difficulties impact the ability to accept public comment over Zoom. In order to participate remotely, you must be present in the Zoom Webinar during the item that you would like to speak on and use the Raise Hand feature to request to speak when the Mayor calls the item. In order to participate in-person, each speaker must complete and submit to the Recording Secretary a Request to Speak form prior to the beginning of the item being announced by the Mayor. In-person participants may surrender their time by deferring one (1) minute to another in-person speaker, not to exceed a total of eight (8) minutes. The speaker wishing to defer time must be present when the item is heard and their form must be submitted with the speaker form for the individual they are deferring time to. Speakers are taken in the order slips are submitted or hands are raised.

On specific agenda items Councilmembers may question any person addressing the City Council at the conclusion of all public testimony on that agenda item before the Council. Councilmembers shall not engage any member of the public in a dialogue with themselves other Councilmembers, city staff or other members of the public.

Role of the Presiding Officer: The presiding officer of the City Council, who shall be the Mayor, shall be responsible for maintaining the order and decorum of meetings. It shall be the duty of the presiding officer to ensure that these rules of procedure and decorum are followed at all times. The presiding officer shall maintain control of communication between Councilmembers, between the Council and the public, and chair each meeting in a fair and impartial manner. It shall be the duty of each Councilmember to support the presiding officer in maintaining the order and decorum of Council meetings.

Members of the Audience: Members of the audience shall not engage in disorderly or boisterous conduct, including clapping, whistling, stamping of feet, or other acts which disturb, disrupt, impede or otherwise disturb the orderly conduct of the City Council meeting. Persons addressing the City Council shall not engage in disorderly conduct which disrupts, or otherwise impedes the orderly conduct or Council meetings. Any person who so disrupts a Council meeting may, at the discretion of the presiding officer or a majority of the City Council, be subject to ejection from that meeting.

No new items will be taken-up after 10:30 p.m. without a two-thirds vote of the City Council.

City Council meetings are aired live and replayed on City of Malibu Government Access Channel 3 and are available on demand on the City’s website at www.malibucity.org/video. Copies of the staff reports or other written documentation relating to each item of business described above are on file in the office of the City Clerk, Malibu City Hall, 23825 Stuart Ranch Road, Malibu, California, and are available for public inspection during regular office hours, which are 7:30 a.m. to 5:30 p.m. Monday through Thursday and 7:30 a.m. to 4:30 p.m. Friday. Written materials distributed to the City Council within 72 hours of the City Council meeting are available for public inspection immediately upon distribution in the City Clerk's office at 23825 Stuart Ranch Road, Malibu, California (Government Code Section 54957.5.b.2). Copies of staff reports and written materials may be purchased for $0.10 per page.

The City Hall phone number is (310) 456-2489. To contact City Hall using a telecommunication device for the deaf (TDD), please call (800) 735-2929 and a California Relay Service operator will assist you. In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact Environmental Sustainability Director Yolanda Bundy, (310) 456-2489, ext. 229. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting. [28 CFR 35.102-35.104 ADD Title II].

SECOND AMENDED City Council Regular Meeting Agenda Page - 9 - November 24, 2025 Requests to show an audio or video presentation during a Council meeting should be directed to the Media Team at [email protected]. Material must be submitted by 12:00 p.m. on the meeting day.

I hereby certify under penalty of perjury, under the laws of the State of California that the foregoing agenda was posted in accordance with the applicable legal requirements. Regular and Adjourned Regular meeting agendas may be amended up to 72 hours in advance of the meeting. Dated this 21st day of November 2025 at 4:30 p.m.

Kelsey Pettijohn, City Clerk

Page 1 of 1 ends

Agenda Item # 1.A.1.

2.56.12, increasing the City Manager’s purchasing authority from $25,000 to $60,000 and raising the small purchase/open-market purchases procedure from $5,000 to $10,000 in line with rate of inflation
FISCAL IMPACT: There is no direct fiscal impact to the City associated with this ordinance.

STRATEGIC PRIORITY: This item is part of the day-to-day operations identified in the Adopted FY 2024-25 Strategic Priority Project List.

DISCUSSION: On November 10, 2024 the Council introduced on first reading Ordinance No. 529.

ATTACHMENT: Ordinance No. 529
City Council Meeting
11-24-25
Item

1.A.1.

ORDINANCE NO. 529

AN ORDINANCE OF THE CITY OF MALIBU AMENDING MALIBU
MUNICIPAL CODE SECTIONS 2.56.070, 2.56.110, AND 2.56.120 INCREASING

THE PURCHASING AUTHORITY OF THE CITY MANAGER AND RAISING

THE SMALL PURCHASE/OPEN-MARKET PURCHASES PROCEDURE
The City Council of the City of Malibu does ordain as follows:

SECTION 1. Amendments
A. Section 2.56.070 of the Malibu Municipal Code is amended to read as follows:
“A. The purchasing officer is authorized to issue purchase orders and award contracts for supplies or services where the cost thereof does not exceed $60,000.

B. Contracts or purchase orders for supplies or services involving a cost in excess of $60,000 must be approved or awarded by the city council.

C. Notwithstanding subsections A and B of this section or any other provision of this chapter, the purchasing officer may purchase supplies or services having a cost in excess of $60,000 in the event of emergency requiring the immediate preservation of the public peace, health or safety, and precluding action by the city council. In such instances, the purchasing officer shall submit to the city council at its next succeeding meeting a written report describing the circumstances of the emergency, the supplies or services purchased, and the cost thereof.” B. Section 2.56.110 of the Malibu Municipal Code is added to read as follows:

The purchase of supplies or services having a cost of less than $10,000 can be made without a purchase order by the purchasing officer or other employee of the city having authorization from the purchasing officer to do so. A petty cash fund can be used for such purchases.

C. Section 2.56.120 (a) & (b) of the Malibu Municipal Code is added to read as follows:

A. Purchases of supplies or services having a cost of $10,000 or more but less than $25,000 may be made in the open market without formal competitive bidding procedures, if authorized by either the purchasing officer or the city council as provided in Section 2.56.070 of this chapter.

B. Open market purchases involving a cost of $10,000 or more shall, whenever possible, be based upon at least three informal price quotations and shall be awarded on the basis of the price quotation most advantageous to the city. The purchasing officer may solicit price quotations either orally or in writing, or may utilize price information on file with the city or available elsewhere.

Ordinance No. 529

Page 2 of 2 ends

____________________
SECTION 2. The City Clerk shall certify the adoption of this ordinance.

PASSED, APPROVED AND ADOPTED this ____ day of ____ 2025. ____________________________
MARIANNE RIGGINS, Mayor
ATTEST:
__________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
Date: _________________________
APPROVED AS TO FORM:
__________________________________
TREVOR RUSIN, Interim City Attorney
WARRANT REGISTER NO. 779
On November 24, 2025, the Malibu City Council allowed and approved warrant demand numbers 77166-77298 from the General Fund. The City Manager is hereby directed to pay out the hinds named hereon to each of the claimants listed,‘ the amount appearing opposite their name for the purpose stated on the respective demands, making a total of $4,346,090.95. City of Malibu payroll check numbers 5534-5537 and ACH deposits were issued in the amount of $549,737.l l.

PASSED, APPROVED and ADOPTED this 24th day ofNovember 2025.

Marianne Riggins
Mayor
ATTEST:

Kelsey Pettijohn
City Clerk

CERTIFICATE
In accordance with Government Code Sections 37202 and Malibu Municipal Code 3.08.050, I hereby certify that: (l) the claims or demands set forth in the warrant register(s) listed below and attached hereto and incorporated herein by this reference in the aggregate amount of $4,895,828.06 have been audited as to their accuracy; and (2) sufficient funds have been appropriated by the City Council and are available for the payment thereof.

EXECUTED this 13th day of November 2025, AT MALIBU, CALIFORNIA Candace Bond
Interim City Manager
Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Accounts Payable
Checks by Date
— Summary by Check Number
AP Checks by Date
- Summaryvby Check Number (11/12/2025 3:29 PM) Page
1 User: craspe
Printed: 11/12/2025 3:29 PM
Check No Vendor No Vendor Name Check Date Void Checks Check Amount 77166 ACMEVALL ACME VALLEY SECURITY SERVICES
] 10/30/2025 0.00 178.50
77167 BEARCON BEAR CONTRACTORS INC 10/30/2025 0.00 255.00 77168 BURNS BURNS PACIFIC CONSTRUCTION INC 10/30/2025 0.00 233,823.50 77169 CIVICPLU CIVICPLUS LLC 10/30/2025 0.00 15,986.17
77170 COASTALW CALIFORNIA COASTAL WORKS LLC 10/30/2025 0.00 32,173.00 77 171 CRASSOC CHEN RYAN ASSOCIATES INC 10/30/2025 0.00 16,658.00 77 172 CROSSING CROSSING GUARD SERVICES LLC '10/30/2025 0.00 2,052.00 77 173 CSGCON CSG CONSULTANTS INC 10/30/2025 0.00 6,023.00 77 174 CSTASC CONSTANT AND ASSOCIATES INC 10/30/2025 0.00 3,590.59 77175 CULSAM SAMUEL CULBERT 10/30/2025 0.00 972.00
77176 DAPEERR DAPEER ROSENBLIT
& LITVAK LLP 10/30/2025 0.00 92.35
77177 FOSTERFO FOSTER
& FOSTER CONSULTING ACT 10/30/2025 0.00 1,700.00
77178 HDL HINDERLITER DE LLAMAS
& ASSOCI 10/30/2025 0.00 2,100.32
77179 INTERWES INTERWEST CONSULTING GROUP IN( 10/30/2025 0.00 18,926.25 77180 IPC INC INTEGRATED PERFORMANCE CONSU 10/30/2025 0.00 8,126.00 77181 KIMLEY KIMLEY-HORN AND ASSOC INC 10/3 0/2025 0.00 23,373.42 77182 LACOANI LA CO ANIMAL CARE
& CONTROL 10/30/2025 0.00 4,282.07
771 83 LACOFIR LOS ANGELES COUNTY FIRE DEPART 10/30/2025 0.00 6,729.00 771 84 LACOSHE LA CO SHERIFF'S DEPARTMENT 10/30/2025 0.00 619,395.84 77 185 LACPUBW LOS ANGELES COUNTY PUBLIC WOR 10/30/2025 0.00 603,167.00 77 186 LAZPARKI LAZ KARPASSOCIATES LLC 10/30/2025 0.00 52,404.46 77187 M6COSLT M6 CONSULTING INC 10/30/2025 0.00 3,210.25 77188 MALICOM MALIBU COMMUNITY LABOR EXCH/ 10/30/2025 0.00 663.00 77189 METRO METRO 10/30/2025 0.00 132,504.00
77 190 MISTROB WINK ROBERTS . 10/30/2025 0.00 2,479.66
77 191 MNS MNS ENGINEERS INC 10/30/2025 0.00 4,053.75
77192 NEXTIVA NEXTIVA INC 10/30/2025 0.00 5,495.69
77193 PARKERB JOYCE PARKER-BOZYLINSKI 10/30/2025 0.00 2,375.00 77194 PRODUCT PRODUCTIVE ONLINE CORPORATION 10/30/2025 0.00 19,242.00 77195 SCAFCA SCA OF CA LLC 10/30/2025 0.00 7,635.42
77196 SEKMAR MARINA SEK 10/30/2025 0.00 17,834.00
77197 SOLIDWA SOLID WASTE SOLUTIONS INC 10/30/2025 0.00 15,712.50 77198 SOUTHCOS SOUTH COAST AQMD 10/30/2025 0.00 736.57
77 199 TETRATE TETRA TECH INC 10/30/2025 0.00 112,
1 87.83
77200 THOGALLC THOMAS GALLAWAY CORP 10/30/2025 0.00 19,900.00 77201
- TRIPEPIS TRIPEPI SMITH
& ASSOCIATES 10/30/2025 0.00 44,433.75
77202 USBANK5 US BANK . 10/30/2025 0.00 2,860.00
77203 USLABS BUREAU VERITAS NORTH AMERICAI 10/30/2025 0.00 155,708.98 77204 5 WITTOBRI WITT OBRIENS LLC 10/30/2025 0.00 45,855.00 77205 WOODCUR] WOODARD
& CURRAN INC 10/30/2025 0.00 57,756.25
77206 YEHASSOC YEH AND ASSOCIATES INC 10/30/2025 0.00 134,788.59 77207 YUNEX SIEMENS MOBILITY INC 10/30/2025 0.00 2,032.00 77208 ATLASPLA ATLAS PLANNING SOLUTIONS 11/04/2025 0.00 32,120.00 77209 BBK BEST BEST
& KRIEGER LLP 11/04/2025 0.00 223,403.33
77210 COVERED6 COVERED
6 LLC 11/04/2025 0.00 101,895.68
77211 DCMCLLC LEMOINE SERVICES HOLDINGS LP 11/04/2025 0.00 52,342.00 77212 DIAMONDC DIAMOND CONSTRUCTION INC 11/04/2025 0.00 926,250.00 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 AP Checks by Date
- Summary by Check Number (11/12/2025 3:29 PM) Page
2 Check No .Vendor No Vendor Name Check Date Void Checks Check Amount 77213 GeolabsR&R SERVICES CORPORATION
1 1/04/2025 0.00 6,614.00
77214 GMZENG GMZ ENGINEERING INC 11/04/2025 0.00 84,898. 18 77215 GUTSTE STEVEN GUTIERREZ - 11/04/2025 0.00 900.00 77216 KIMLEY KIMLEY-HORN AND ASSOC INC
1 1/04/2025 0.00 94,003.03
77217 MALIELEM MALIBU ELEMENTARY SCHOOL
1 1/04/2025 0.00 403.41
77218 MICI-EBAK MICHAEL BAKER INTERNATIONAL II\ 11/04/2025 0.00 76,5 10.00 77219 PROSHOP PROMO SHOP INC
1 1/04/2025 0.00 8,897.61
77220 QUADFIN QUADIENT FINANCE USA INC
1 1/04/2025 0.00 1,099.00
77221 QUINTO QUINTO CONSULTING LP
1 1/04/2025 0.00 7,100.00
77222 RINCONC RINCON CONSULTANTS INC 11/04/2025 0.00 123,423.50 77223 RYLAND STLR CORPORATION 11/04/2025 0.00 12,953.75 77224 TOWNSPUB TOWNSEND PUBLIC AFFAIRS INC 11/04/2025 0100 6,500.00 77225 WILLSCOT WILLIAMS SCOTSMAN INC
1 1/04/2025 0,00 7,717.78
77226 13STARS ' 13 STARS MEDIA
1 1/07/2025 0.00 1,876.00
77227 ANAWALT ANAWALT LUMBER CO INC
1 1/07/2025 0.00 433,63
77228 ARC ARC DOCUMENT SOLUTIONS LLC 11/07/2025 0.00 140.24 77229 BEARCON BEAR CONTRACTORS INC
1 1/07/2025 0.00 2,135.00
77230 BURMYR MYRA BURG
1 1/07/2025 0.00 205.80
77231 BURNS BURNS PACIFIC CONSTRUCTION INC 11/07/2025 0.00 21,469.85 77232 CALLMC MARY CATHERINE CALLAGHAN 11/07/2025 - 0.00 154.00 77233 CHEVRON2 WRIGHT EXPRESS FSC WEX BANK 11/07/2025 0.00 1,294.48 77234 CONEJOA CONEJO AWARDS
1 1/07/2025 0.00 81.10
77235 CRESTREA CREST REAL ESTATE LLC
1 1/07/2025 0.00 205.80
77236 CROSSING CROSSING GUARD SERVICES LLC 11/07/2025 0.00 912.00 77237 CRPRINT CR PRINT
1 1/07/2025 0,00 1,483.41
77238 DAYJAD JAD DAYEH
1 1/07/2025 0.00 723.69
77239 DERRYN ETHAN VANDER RYN
1 1/07/2025 0.00 723.69
77240 DONOV SUZANNE DONOVAN FAMILY TRUST 11/07/2025 0.00 723,69 77241 ENHANCE2 ENHANCED LANDSCAPE MANAGEMI 11/07/2025 0.00 3,030,00 77242 EXCELOFF EXCEL OFFICE SERVICES
1 1/07/2025 0.00 796.29
77243 FRONTIER FRONTIER CALIFORNIA INC 11/07/2025 0.00 1,435.73 77244 FULPRO FULLRANGE PRODUCTION LLC
1 1/07/2025 0.00 400.00
77245 GIINDUS GI INDUSTRIES
1 1/07/2025 0.00 4,541.42
77246 GIOIA MICHAEL DANA GIOIA
1 1/07/2025 0.00 750.00
77247 GLEDEX DEXTER GLENN
1 1/07/2025 0.00 708.00
77248 GUCLIN LINDA GUCCIARDO
1 1/07/2025 0.00 1,086.92
77249 HARSEB SEBASTIAN HARRISON
1 1/07/2025 0.00 206.10
77250 HAVSTE STEVEN

E HAVELKA
& MARJA SUND( 11/07/2025 0.00 723.69
77251 KELJAI JAIME KELM 11/07/2025 0.00 391.32
77252 KIMKI KIM KI SOO SUNSPIN ENERGY INC 11/07/2025 0.00 526.98 77253 KLEROM ROMAN KLEYNBERG
1 1/07/2025 0.00 723.69
77254 LACOCLE LA COUNTY REGISTRAR-RECORDER 11/07/2025 0.00 75,00 77255 LACOCLE LA COUNTY REGISTRAR-RECORDER 11/07/2025 0,00 75.00 77256 LACOCLE LA COUNTY REGISTRAR-RECORDER 11/07/2025 0.00 75.00 77257 LACOCLE LA COUNTY REGISTRAR-RECORDER 11/07/2025 0.00 3,043.75 77258 LACOCLE LA COUNTY REGISTRAR-RECORDER 11/07/2025 0.00 75.00 77259 LACOCLE LA COUNTY REGISTRAR-RECORDER 11/07/2025 0.00 75.00 77260 LITBIG JOHANNES
M POUW
1 1/07/2025 0.00 245.00
77261 LORMEG MEGAN LORICK 11/07/2025 0.00 225.00
77262 LUZJEF IEFFERY LUZADER TRUST
1 1/07/2025 0.00 723.69
77263 MAINSTRE ATHACO INC 11/07/2025 0.00 1,478.21
77264 MALFOUN MALIBU FOUNDATON FOR YOUTH
& 11/07/2025 0.00 250.00
77265 MATTMICH DR MICHAEL

D MATTHEWS
1 1/07/2025 0.00 5,340.00
77266 MICMEL MELANIE MICHAEL
1 1/07/2025 0.00 75.00
77267 MINDRYLL THE MINDRY LLC
1 1/07/2025 0.00 300.00
77268 MOSSER MOSSER PLUMBING
& HEATING INC 11/07/2025 0.00 430.83
77269 MURDID DIDIER MURILLO
1 1/07/2025 0.00 20.79
Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 AP Checks by Date - Summary by Check Number (1 1/12/2025 3:29 PM) Page 3 Check No Vendor No Vendor Name Check Date Void Checks Check Amount 77270 PETTA JASON & STACY PETTA 1 1/07/2025 0.00 723.69 77271 PORTA TANDEM STORAGE CORPORATION 11/07/2025 0.00 344.98 77272 REBUILD RE BUILD 1 1/07/2025 0.00 4,371.00
77273 REGENCYL REGENCY ENTERPRISES INC 1 1/07/2025 0.00 158.59 77274 RIGGINS MARIANNE RIGGINS 1 1/07/2025 0.00 977.96
77275 RIVERSI RIVERSIDE RUBBER STAMP & ENGRA 11/07/2025 0.00 370.85 77276 RTW RTW MANAGEMENT 11/07/2025 0.00 47,091.00
77277 RYALEV RYAN LEVIS ARCHITECT INC 11/07/2025 0.00 1,000.49 77278 SCHVAN VANESSA SCHWARTZ 11/07/2025 0.00 206,10
77279 SEEPAU PAUL SEEMAN 1 1/07/2025 0.00 206.10
77280 SELROB THE ROBERT SELTZER TRUST 1 1/07/2025 0.00 723.69 77281 SHABRE BRETT SHAW 1 1/07/2025 0.00 205.80
77282 SMASH SMASH ATHLETICS INC 1 1/07/2025 0.00 417.99 77283 SPECTRUM CHARTER COMMUNICATIONS HOLDI 11/07/2025 0.00 535.34 77284 STAPLES STAPLES CONTRACT & COMMERCIA] 11/07/2025 0.00 992.44 77285 STRNEI NEIL STRUM 11/07/2025 0.00 2,192.00
77286 STUSTE STEVIE STURGES 11/07/2025 0.00 450.00
77287 SUFSHE ALICE SUFEN & ROBERT NANSHYON‘ 11/07/2025 0.00 703.00 77288 SUTMAR MARIA SUTTON 11/07/2025 0.00 7,500.00
77289 TAYKAR KAREN TAYLOR 11/07/2025 0.00 1,323.00
77290 TOTALGRA BRIAN SHORE 11/07/2025 0.00 1,03 1 .61
77291 TROPICT THE TROPIC TRUCK LLC 11/07/2025 0.00 1,790.00 77292 VILLCOS VILLA COSTERA RECONSTRUCTION 11/07/2025 0.00 446.23 77293 WAXIE WAXIE ENTERPRISES LLC 1 1/07/2025 0.00 728.20 77294 WENDEA DEAN WENNER 1 1/07/2025 0.00 1,000.19
77295 WEYAND ANDREW WEYMAN 1 1/07/2025 0.00 503.00
77296 XUELIU XINGKAO XUE & JUAN LIU 1 1/07/2025 0.00 723.69 77297 ZEFRIC RICHARD ALAN ZEFF 1 1/07/2025 0.00 1,000.19 77298 USBANK2 US BANK 1 1/ 1 2/2025 0.00 1,480.05
Report Total (133 checks): 0.00 4,346,090.95
Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Accounts Payable
Transactions by Account
User: craspe
Printed: 11/12/2025 - 4:04PM ' Batch: 00000000000
Account Number Vendor Description GL Date Check No Amount PO No 100-0000-3202-00 LOS ANGELES COUNTY FIRE DE Fire District Film Permit Fees Jul-Sep 10/30/2025 77183 6,729.00 000004613 Vendor Subtotal: 6,729.00
100-0000-343 1-00 SAMUEL CULBERT Palisades Fire Waiver PVPF 25-100 10/30/2025 77 l 75 508.00 Vendor Subtotal: 508.00
100-0000-343 1-00 DEXTER GLENN Palisades Fee Waiver PVPF 25-195 11/07/2025 77247 508.00 Vendor Subtotal: 508.00
100-0000-343 1-00 RYAN LEVIS ARCHITECT INC Palisades Fee Waiver PVPF 25-105 11/07/2025 77277 508.00 Vendor Subtotal: 508.00
100-0000-343 1-00 DEAN WENNER Palisades Fee Waiver PVPF 25-131 11/07/2025 \
77294 508.00
Vendor Subtotal: 508.00
100-0000-343 1-00 RICHARD ALAN ZEFF Palisades Fee Waiver PVPF 25-150 11/07/2025 77297 508.00 Vendor Subtotal: 508.00
100-0000-3464-00 MEGAN LORICK Ref - Youth Golf 10/3/25 11/07/2025 77261 225.00 Vendor Subtotal: 225,00
100-0000-3464-00 MELANIE MICHAEL Ref - Youth Tennis 10/21/25 11/07/2025 77266 75.00 AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 1 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 75.00
100-300 1 -5 120-00 BURNS PACIFIC CONSTRUCTIO] Task 1: Routine Maint - Sep '25 10/30/2025 77 1 68 138,180.80 000004401 100-300 1-5 120-00 BURNS PACIFIC CONSTRUCTIO] Task 7: Yald Rental - Sep '25 10/30/2025 77168 8,250.00 000004401 Vendor Subtotal: 146,430.80
100-3001-5120-02 BURNS PACIFIC CONSTRUCTIO] Summer Routine Maint - Sep '25 10/30/2025 77168 3,717106 000004401 Vendor Subtotal: 3,717.06
100-3001-5121-01 SCA OF CA LLC Street Sweeping - Sep '25 10/30/2025 77195 7,635.42 000004404 Vendor Subtotal: 7,635.42
100-300 1 -5 1 23-00 BURNS PACIFIC CONSTRUCTIO] Task 4: Storm Response - Sep '25 10/30/2025 77168 35,403.48 000004401 Vendor Subtotal: 35,403.48
100-3001-5124-00 SIEMENS MOBILITY INC Traffic Signal Maint - Sep '25 10/30/2025 77207 1,326.00 000004120 100-3001-5 124-00 SIEMENS MOBILITY INC Tra€fic Signal Maint Call Outs - Aug '2 10/30/2025 77207 100.00 000004120 100-300 1 -5 1 24-00 SIEMENS MOBILITY INC Tramc Signal Maint - Aug '25 10/30/2025 77207 606.00 000004120 Vendor Subtotal: 2,032.00
100-3001-5725-00 GI INDUSTRIES Garbage - Bus Stop/Cross Creek - Oct 11/07/2025 77245 2,648.25 Vendor Subtotal: 2,648.25
100-3001-6160-00 BURNS PACIFIC CONSTRUCTIO] Supplies - Sep '25 10/30/2025 77168 10,992.90 000004401 Vendor Subtotal: . 10,992.90
100—3007-5610-00 INTEGRATED PERFORMANCE C CCSTF Operation/Maint - Sep '25 10/30/2025 77180 3,913.00 000003241 Vendor Subtotal: 3,913.00
AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 2 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No 100-3007-5610-01 INTEGRATED PERFORMANCE C PCSTF Operation/Maint - Sep ‘25 10/30/2025 771 80 3,913,00 000003241 Vendor Subtotal: 3,9 1 3‘00
100-3007-5655-00 INTEGRATED PERFORMANCE C Remote Access Fee - Sep '25 10/30/2025 77180 300.00 000003241 Vendor Subtotal: 300.00
100-3008-5100-00 CROSSING GUARD SERVICES LI Crossing Guard Svcs 9/15 - 9/28/25 10/30/2025 77172 2,052100 000004595 Vendor Subtotal: 2,052.00
100-3008-5 100-00 KIMLEY—HORN AND ASSOC INC Task 17: Land Development Plan Cher 10/30/2025 77 1 81 7,485. 15 000004356 100-3003-5100-00 KIMLEY—HORN AND ASSOC INC Task 17: Land Development Plan Che( 10/30/2025 77181 10,622.73 000004356 Vendor Subtotal: 18,107.88
100-3008-5 100-00 MNS ENGINEERS INC Task 1: Malibu Creek Ecological Resu 10/30/2025 77191 998.75 000004331 Vendor Subtotal: 998.75
100-3008-5 125-00 KIMLEY-HORN AND ASSOC INC Task 18: Bluewater Rd - Aug '25 10/30/2025 77181 1,260.00 000004367 Vendor Subtotal: 1,260.00
100-4001-4210—00 State of California PR Taxes Unemployment Expenses - Jul-Sep'25 11/ 12/2025 0 325.00 Vendor Subtotal: 325.00
100-4001-5100-00 FULLRANGE PRODUCTION LLC Audio/Visual - Malibu Film Society 1( 11/07/2025 77244 400.00 Vendor Subtotal: 400.00
100-400 1 -5 107-00 CROSSING GUARD SERVICES LI Crossing Guard Svcs 10/4 — 10/12/25 11/07/2025 77236 912.00 Vendor Subtotal: 9 12.00
100-4001-6160-00 STAPLES CONTRACT & COMME OEice Supplies - Community Svcs 11/07/2025 77284 128.88 AP-Transactions by Account (ll/12/2025 - 4:04 PM) Page 3 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO NO Vendor Subtotal: 128,88
100-4002-5 107-00 STEVIE STURGES Instructor - Water Polo 9/15 — 10/20/25 11/07/2025 77286 450.00 Vendor Subtotal: 450.00
100-4002-540 1-00 13 STARS MEDIA Ad - Lifeguard Certification 8/7/25 11/07/2025 77226 268.00 100-4002-5401-00 13 STARS IVEDIA Ad - Lifeguard Certiflcation 8/14/25 11/07/2025 77226 268.00 Vendor Subtotal: 536.00
100-4002-6 1 60-00 MALIBU FOUNDATON FOR YOU Lifeguard Cert Course - B&G Club Fa 11/07/2025 77264 250.00 Vendor Subtotal: 250.00
100-4002—6160-00 SMASH ATHLETICS INC Lifeguard Sweatpants 11/07/2025 77282 417.99 Vendor Subtotal: 4 17.99
100-4006-5 1 07-00 JOHANNES M POUW Instructor - GolfClass 9/14 — 11/16/25 11/07/2025 77260 140.00 Vendor Subtotal: 140.00
100-4006-5401-00 BRIAN SHORE Banners - Youth Basketball 11/07/2025 77290 203.04 Vendor Subtotal: 203.04
100-4007-5 1 07-00 MARY CATHERINE CALLAGHAL‘ Instructor - Salsa Dance Workshop 10/ 11/07/2025 77232 154,00 Vendor Subtotal: 154.00
100-4007-5 107-00 JOHANNES M POUW Instructor - Parent & Me Multisport 9/ 11/07/2025 77260 105.00 Vendor Subtotal: 105.00
100-4007—5 107-00 THE MINDRY LLC Instructor - Reiki Sound Bath 10/16/25 11/07/2025 77267 300,00 AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 4 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 300‘00
100-4007—5 107-00 KAREN TAYLOR Instructor - Dog Obedience 9/8 - 10/13 11/07/2025 77289 1,029.00 100-4007-5 107-00 KAREN TAYLOR Instructor - Dog Obedience 9/8 - 10/13 11/07/2025 77289 294.00 Vendor Subtotal: 1,323,00
100-4007—5401-00 BRIAN SHORE Banner - Park Tales 11/07/2025 77290 87.52 Vendor Subtotal: 87.52
100-4010-4210-00 State of California PR Taxes Unemployment Expenses - Jul-Sep'25 11/12/2025 25 1 .00 Vendor Subtotal: 25 1 .00
100-4010-5130-00 BURNS PACIFIC CONSTRUCTIO] Equestrian Park - Asphalt Repairs 11/07/2025 77231 6,889.69 000004619 Vendor Subtotal: 6,889.69
100-4010-5130-00 ENHANCED LANDSCAPE MANA Equestrian - Trim Pepper Trees 11/07/2025 77241 1,000.00 100-40 1 0-5 1 30-00 ENHANCED LANDSCAPE MANA Civic Ctr - Sycamore Tree Removal 11/07/2025 77241 345.00 Vendor Subtotal: 1,345.00
100-4010-5610-00 MOSSER PLUMBING & HEATIN( Trancas - Septic Repair 9/30/25 11/07/2025 77268 430.83 Vendor Subtotal: 430.83
100-40 1 0-5725-00 GI INDUSTRIES Garbage - Charmlee Park - Oct '25 11/07/2025 77245 273,09 100-4010-5725-00 GI INDUSTRIES Garbage - BluEs/Equestrian - Oct '25 11/07/2025 77245 1,224191 Vendor Subtotal: 1,498.00
100-4010-6160-00 WAXIE ENTERPRISES LLC BluEs/MLC - Restroom Supplies 11/07/2025 77293 192.94 100-401 0-6 1 60-00 WAXIE ENTERPRISES LLC Trancas - Restroom Supplies 11/07/2025 77293 192.94 100-4010-6160-00 WAXIE ENTERPRISES LLC Charmlee - Restroom Supplies 11/07/2025 77293 96.47 AP-Transactions by Account (ll/12/2025 - 4:04 PM) Page 5 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount / PO No
Vendor Subtotal: 482.35
100-4010-6300-00 WAXIE ENTERPRISES LLC CS - Cleaning Machine 11/07/2025 77293 245‘85 Vendor Subtotal: 245.85
100-4010-7910-00 ENHANCED LANDSCAPE MANA John Tyler - Irrigation Repair 11/07/2025 77241 535.00 Vendor Subtotal: 535.00
100-401 l-5401-00 13 STARS MEDIA Ad - Halloween Bu Bash 10/16/25 11/07/2025 77226 268.00 Vendor Subtotal: 268100
100-401 1-540 1 -00 BRIAN SHORE Banner - Halloween Bu Bash 11/07/2025 77290 175.03 Vendor Subtotal: 175.03
100-401 1-6160-00 THE TROPIC TRUCK LLC Breakfast with Santa 12/13/25 11/07/2025 77291 1,790100 Vendor Subtotal: 1,790.00
100-40 12-5 107-00 MICHAEL DANA GIOIA Poetry - Caffeinated Verse 11/15/25 11/07/2025 77246 750.00 Vendor Subtotal: 750.00
100-40 1 2-540 1-00 BRIAN SHORE Banner - Art Exhibit 11/07/2025 77290 238.33 Vendor Subtotal: 238.33
100-7001-5100-00 STLR CORPORATION School District Separation - Sep '25 11/04/2025 77223 12,953.75 000003541 Vendor Subtotal: 12,953.75
100-700 1 -5 300-00 MARIANNE RIGGINS Reimb - CA Contract Cities '25 11/07/2025 77274 977.96 Vendor Subtotal: 977.96
AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 6 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No 100-700 1 -5 930-04 MARIA SUTTON Small Business Micro Stablization Gr: 11/07/2025 77288 7,500.00 Vendor Subtotal: 7,500.00
100-7002-6 165-00 ' CIVICPLUS LLC Acquia Heat Map Package 9/1/25 - 8/E 10/30/2025 771 69 15,986. 17 000004606 Vendor Subtotal: 15,9861 17
100-7003—5 100-00 DR MICHAEL D MATTHEWS SMMUSD Separation - Sep '25 11/07/2025 77265 1,920.00 000004162 100-7003-5100-00 DR MICHAEL D MATTPEWS SMMUSD Separation — Aug '25 ’ 11/07/2025 77265 3,420.00 000004162 Vendor Subtotal: 5,340.00
100-7003—5 1 05-00 TOWNSEND PUBLIC AFFAIRS II\‘ Grant Writing Svcs - Oct '25 11/04/2025 77224 6,500.00 000004075 Vendor Subtotal: 6,500.00
100-7003—6160-00 PROMO SHOP INC Malibu Strong - Promotional Water Bc 11/04/2025 77219 8,897.61 000004616 Vendor Subtotal: 8,897.61
100-7005-5 l 0 1-00 BEST BEST & KRIEGER LLP General Legal Counsel - Aug ‘25 11/04/2025 77209 30,537.00 000004588 Vendor Subtotal: 30,537.00
100-7005-5 101-01 BEST BEST & KRIEGER LLP School District Separation - Aug '25 11/04/2025 77209 57,729.80 000004588‘ Vendor Subtotal: 57,729.80
100-7005-5 102-00 BEST BEST & KRIEGER LLP Litigation - Aug '25 11/04/2025 77209 128,184.73 000004588 Vendor Subtotal: 128,184.73
100-7005-5103-00 DAPEER ROSENBLIT & LITVAK City Prosecutor Svc - Sep ‘25 10/30/2025 77176 92.35 000002553 Vendor Subtotal: 92.35
AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 7 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No 100-7021-5100-00 ATLAS PLANNING SOLUTIONS Saiiey Element Update 8/1 - 9/30/25 11/04/2025 77208 32,120.00 000004545 Vendor Subtotal: 32,120.00
100-702 1-5 l 00-00 CONSTANTAND ASSOCIATES I} City Evacuation Plan Update - Sep '25 10/30/2025 77174 3,590.59 000004610 Vendor Subtotal: 3,590‘59
100-702 1-5 100-00 STEVEN GUTIERREZ Parking Enforcement Hearings - Sep ‘2 11/04/2025 77215 900100 000004374 Vendor Subtotal: 900100
100-702 1 -5 100-00 WITT OBRIENS LLC Ailer-Action Review - Franklin/Palisar 10/30/2025 77204 45,855.00 000004609 Vendor Subtotal: 45,855.00
100—702 1-5 106-00 LA CO ANIMAL CARE & CONTRI Animal Control - Aug ‘25 10/30/2025 77182 4,282107 000004307 Vendor Subtotal: 4,282.07
100-7021-5 115-00 LA CO SHERIFF'S DEPARTMENT SheriEs Svcs - Tramc Enforcement 7/ 10/30/2025 771 84 13,436.82 000004586 100-7021-5115-00 LA CO SHERIFF'S DEPARTMENT SheriEs Svcs - TraEic Enforcement 8/ 10/30/2025 77184 12,320.88 000004586 100-7021-5 115-00 LA CO SHERIFF'S DEPARTMENT SheriEs Svcs - Liaison 8/4 - 8/24/25 10/30/2025 77184 23,928.80 000004586 100-7021-5115-00 LA CO SHERIFF'S DEPARTMENT SheriEs Svcs — PCF 8/11 - 8/3 1/25 10/30/2025 77184 7,945.84 000004586 100-7021-5 115-00 LA CO SHERIFF'S DEPARTMENT SheriEs Svcs - Liaison 7/1 - 7/27/25 10/30/2025 77184 23,854.71 000004586 100-7021-5 115-00 LA CO SHERIFF'S DEPARTMENT Sheriffs Svcs - PCF 7/21 - 7/29/25 10/30/2025 77184 10,905.58 000004586 Vendor Subtotal: 92,392.63
100-7021-5 116-00 LA CO SHERIFF'S DEPARTMENT SheriEs Svcs - Beach Team - Jul '25 10/3 0/2025 77184 265,830.25 000004586 100-7021-5 116-00 LA CO SHERIFF'S DEPARTMENT Sheriff‘s Svcs - Beach Team - Aug '25 10/3 0/2025 771 84 261,172.96 000004586 Vendor Subtotal: 527,003.21
1‘00-702 1-5 122-00 LAZ KARPASSOCIATES LLC Parking Enforcement - Sep '25 10/30/2025 77186 52,404.46 000004318 Vendor Subtotal: 52,404.46
100-7054-5 100-00 FOSTER & FOSTER CONSULTIN( GASB 68 Report - Jun '25 10/30/2025 77177 1,700.00 AP-Transactions by Account (ll/12/2025 - 4:04 PM) Page 8 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Check No Amount PO NO
100-7054-5 1 00-00
100-7054-5 100-00
100-7054-5100-01
100-7054-5 1 00-01
100-7058-5 320-00
100-7059-5205-00
100-7059-5210-00
100-7059-5640-00
100-7059—572 1-00
100-7059-572 1-00
100-7059-5721-00
100-705 9-572 1-00
100-7059-6160-00
I-HNDERLITER DE LLAMAS & Af
HINDERLITER DE LLAMAS & A5
77178
77178
1,700,00
1,479.92 000003107
620.40 000003107
2,100.32
77221
77221

QUINTO CONSULTING LP

QUINTO CONSULTING LP
500.00 000003670
6,600.00 000003670

NEXTIVA INC

NEXTIVA INC
City Hall Phone Svc 10/18 - 11/17/25 10/30/2025
10/3 0/2025
10/30/2025
10/30/2025
Credit Memo: City Hall Phone Svc
Credit Memo: City Hall Phone Svc
City Hall Phone Svc 9/18 - 10/17/25
DIDIER MURILLO 77269
QUADIENT FINANCE USA INC 77220
QUADIENT FINANCE USA INC 77220
EXCEL OFFICE SERVICES 77242
77192
77192
77192
77192
7,100.00

20.79 20.79
1,050.00
1,050.00

49.00 49.00
796.29
796.29
5,866.11
-3,153.07
-3,060.00
5,842.65
Vendor Subtotal:

CONEJO AWARDS StaEName Badges - PT CS 11/07/2025 77234
5,495.69

81.10 AP-Transactions by Account (ll/12/2025 - 4:04 PM) Page 9 Description GL Date
Vendor Subtotal:

Sales Tax/Audit Svcs Q1/2025 (Jul-Se 10/30/2025
Transaction Tax Q1/2025 (Jul-Sep'25) 10/30/2025
Vendor Subtotal:

City Treasurer Bank Recs - Sep '25 11/04/2025
City Treasurer Svcs - Jul to Sep '25 11/04/2025
Vendor Subtotal:

Reimb - Lunch — Assistant Planner Inn 11/07/2025
Vendor Subtotal:

Postage 9/12 & 9/15/25 11/04/2025
Vendor Subtotal:

Late Fee 10/6/25 11/04/2025
Vendor Subtotal:

Copier Majnt 9/17 - 10/16/25 11/07/2025
Vendor Subtotal:

Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor ' Description GL Date Check No Amount PO No Vendor Subtotal: 8 1 . 10
100-705 9-6 160-00 STAPLES CONTRACT & COMME Office Supplies - Non Departmental 11/07/2025 77284 549.48 Vendor Subtotal: 549.48
Subtotal for Section 1: 100 1,321,795.05
101-0000-3410-01 KIM KI SOO SUNSPIN ENERGYI Palisades Fee Waiver OCGM 25-002 11/07/2025 77252 53.75 Vendor Subtotal: 53175
101-0000-341 1-00 KIM K1 SOO SUNSPIN ENERGYI Palisades Fee Waiver OCGM 25-002 11/07/2025 77252 257.50 Vendor Subtotal: 257.50
10 1-0000-34 12-00 SAMUEL CULBERT Palisades Fire Waiver PVPF 25-100 10/30/2025 77 175 264.00 Vendor Subtotal: 264.00
101-0000-3412-00 JAD DAYEH Palisades Fee Waiver PVPF 25-106 11/07/2025 7723 8 264.00 Vendor Subtotal: 264.00
101-0000-3412-00 ETHAN VANDER RYN Palisades Fee Waiver PVPF 25-107 11/07/2025 77239 r 264.00 Vendor Subtotal: 264100
101-0000-3412-00 SUZANNE DONOVAN FAMILY Tl Palisades Fee Waiver PVPF 25-089 11/07/2025 ‘ 77240 264.00 Vendor Subtotal: 264.00
10 1-0000-34 12-00 LINDA GUCCIARDO Palisades Fee Waiver THPF 25-001 11/07/2025 77248 528.00 Vendor Subtotal: 528.00
10 1-0000-3412—00 STEVEN E HAVELKA & MARJAS Palisades Fee Waiver PVPF 25-149 11/07/2025 77250 264.00 AP—Transactions by Account (11/12/2025 - 4:04 PM) Page 10 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 264.00
101-0000—3412-00 ROMAN KLEYNBERG Palisades Fee Waiver PVPF 25-034 11/07/2025 77253 264.00 Vendor Subtotal: 264000
101-0000-3412-00 JEFFERY LUZADER TRUST Palisades Fee Waiver PVPF 25-035 11/07/2025 77262 264.00 Vendor Subtotal: 264.00
101-0000-3412-00 JASON & STACY PETTA Palisades Fee Waiver - PVPF 25-162 11/07/2025 77270 264.00 Vendor Subtotal: 264.00
101-0000-3412-00 RYAN LEVIS ARCHITECT INC Palisades Fee Waiver PVPF 25-105 11/07/2025 77277 264.00 Vendor Subtotal: 264.00
101-0000-3412-00 THE ROBERT SELTZER TRUST Palisades Fee Waiver PVPF 25-157 1 1/07/2025 77280 264.00 Vendor Subtotal: 264.00
101-0000-3412-00 ALICE SUFEN & ROBERT NANSI-l Palisades Fee Waiver PVPF 25-088 11/07/2025 77287 ' 264.00 Vendor Subtotal: 26400
101-0000-3412-00 DEAN WENNER Palisades Fee Waiver PVPF 25-131 11/07/2025 77294 264.00 Vendor Subtotal: 264.00
101-0000-3412-00 ANDREW WEYMAN Palisades Fee Waiver PVPF 25-004 11/07/2025 77295 26400 Vendor Subtotal: 264.00
101-0000-3412-00 XINGKAO XUE & JUAN LIU Palisades Fee Waiver PVPF-111 11/07/2025 77296 264100 Vendor Subtotal: 264.00
AP-Transactions by Account (l 1/12/2025 - 4:04 PM) Page 11 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check NO Amount PO No 101-0000-3412-00 RICHARD ALAN ZEFF Palisades Fee Waiver PVPF 25-150 11/07/2025 77297 264.00 Vendor Subtotal: 264100
101-0000-3414-00 JAD DAYEH ‘ Palisades Fee Waiver PVPF 25-106 11/07/2025 77238 239.00 Vendor Subtotal: 239.00
101-0000-3414-00 ETHAN VANDER RYN Palisades Fee Waiver PVPF 25-107 11/07/2025 77239 239.00 Vendor Subtotal: 239.00
101-0000-3414-00 SUZANNE DONOVAN FAMILY Tl Palisades Fee Waiver PVPF 25-089 11/07/2025 77240 239.00 Vendor Subtotal: 239.00
10 1-0000-3414-00 LINDA GUCCIARDO Palisades Fee Waiver THPF 25-001 11/07/2025 77248 528.00 Vendor Subtotal: 528.00
101-0000-3414-00 STEVEN E HAVELKA & MARJAE Palisades Fee Waiver PVPF 25-149 11/07/2025 77250 239.00 Vendor Subtotal: 239.00
10 1-0000-34 14-00 ROMAN KLEYNBERG Palisades Fee Waiver PVPF 25-034 11/07/2025 77253 239.00 Vendor Subtotal: 239.00
10 1-0000-3414-00 JEFFERY LUZADER TRUST Palisades Fee Waiver PVPF 25-035 11/07/2025 77262 239.00 Vendor Subtotal: 239.00
101-0000-3414-00 JASON & STACY PETTA Palisades Fee Waiver - PVPF 25-162 11/07/2025 77270 239.00 Vendor Subtotal: 239.00
101-0000-3414-00 THE ROBERT SELTZER TRUST Palisades Fee Waiver PVPF 25-157 11/07/2025 77280 239.00 AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 12 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check NO Amount PO No Vendor Subtotal: 239,00
10 1-0000-34 14-00 ALICE SUFEN & ROBERT NANSH Palisades Fee Waiver PVPF 25-088 1 1/07/2025 77287 239.00 Vendor Subtotal: 239.00
101-0000-3414—00 VILLA COSTERA RECONSTRUC’, Palisades Fee Waiver PVPF 25-030 11/07/2025 77292 239.00 Vendor Subtotal: 239.00
101-0000-3414-00 ANDREW WEYMAN Palisades Fee Waiver PVPF 25-004 11/07/2025 77295 239.00 Vendor Subtotal: 239.00
101-0000-3414-00 XINGKAO XUE & JUAN LIU Palisades Fee Waiver PVPF-1 11 11/07/2025 77296 239.00 Vendor Subtotal: 239.00
101-0000-3416-00 JAIME KELM Ref - Code Enforcement Case Inadven 11/07/2025 7725 1 3 80100 Vendor Subtotal: 3 80.00
101-0000-3419—00 MYRA BURG Palisades Fee Waiver PVPF 25-129 11/07/2025 77230 5.80 l Vendor Subtotal: 5180
10 1-0000-3419-00 CREST REAL ESTATE LLC Palisades Fee Waiver PVPF 25-107 11/07/2025 77235 5.80 Vendor Subtotal: 5180
101-0000-3419—00 JAD DAYEI-I Palisades Fee Waiver PVPF 25-106 11/07/2025 77238 20.69 Vendor Subtotal: 20.69
101-0000-3419-00 ETHAN VANDER RYN Palisades Fee Waiver PVPF 25-107 11/07/2025 77239 20.69 . Vendor Subtotal: 20.69
AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 13 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No 10 1-0000-3419-00 SUZANNE DONOVAN FAMILY Tl Palisades Fee Waiver PVPF 25-089 11/07/2025 77240 20.69 Vendor Subtotal: 20.69
10 1—0000-34 1 9-00 LINDA GUCCIARDO Palisades Fee Waiver THPF 25-001 11/07/2025 77248 30192 Vendor Subtotal: 30.92
10 1-0000-34 1 9-00 SEBASTIAN HARRISON Palisades Fee Waiver THPF 25—003 11/07/2025 77249 6.10 Vendor Subtotal: 6. 10
101-0000-3419-00 STEVEN E HAVELKA & MARJAE Palisades Fee Waiver PVPF 25-149 11/07/2025 77250 20.69 Vendor Subtotal: 20,69
101-0000-3419-00 JAIME KELM Ref - Code Enforcement Case Inadverl 11/07/2025 77251 11.32 Vendor Subtotal: 1 1 .32
101-0000—3419—00 KIM KI SOO SUNSPIN ENERGYI Palisades Fee Waiver OCGM 25-002 11/07/2025 77252 15.73 Vendor Subtotal: 15 .73
10 l -0000-34 1 9—00 ROMAN KLEYNBERG Palisades Fee Waiver PVPF 25-034 11/07/2025 77253 20.69 Vendor Subtotal: 20.69 ‘
101-0000-3419-00 JEFFERY LUZADER TRUST Palisades Fee Waiver PVPF 25-035 11/07/2025 77262 20.69 Vendor Subtotal: 20.69
101-0000-3419-00 JASON & STACY PETTA Palisades Fee Waiver - PVPF 25-162 11/07/2025 77270 20169 Vendor Subtotal: 20.69
101-0000-3419-00 RYAN LEVIS ARCHITECT INC Palisades Fee Waiver PVPF 25-105 11/07/2025 77277 28.49 AP—Transactions by Account (1 1/12/2025 - 4:04 PM) Page 14 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 28,49
10 1-0000-3419-00 VANESSA SCHWARTZ Palisades Fee Waiver PVPF 25-113 11/07/2025 77278 6. 1 0 Vendor Subtotal: 6. 10
101-0000-34 1 9-00 PAUL SEEMAN Palisades Fee Waiver PVPF 25-108 11/07/2025 77279 6. 1 0 Vendor Subtotal: 6. 10
101-0000-3419-00 THE ROBERT SELTZER TRUST Palisades Fee Waiver PVPF 25-157 11/07/2025 77280 20.69 Vendor Subtotal: 20.69
101-0000-3419-00 BRETT SHAW Palisades Fee Waiver PVPF 25-014 11/07/2025 77281 5.80 Vendor Subtotal: 5.80
101-0000-3419-00 VILLA COSTERA RECONSTRUC’. Palisades Fee Waiver PVPF 25-030 11/07/2025 77292 7.23 Vendor Subtotal: 7.23
101-0000-3419-00 DEAN WENNER Palisades Fee Waiver PVPF 25-131 11/07/2025 77294 28. 1 9 Vendor Subtotal: 28.19
10 1-0000-3419-00 XINGKAO XUE & JUAN LIU Palisades Fee Waiver PVPF-1 11 11/07/2025 77296 20.69 Vendor Subtotal: 20.69
101-0000-3419-00 RICHARD ALAN ZEFF Palisades Fee Waiver PVPF 25-150 11/07/2025 77297 28. 1 9 Vendor Subtotal: 28 . 1 9
10 1-0000-342 1-00 MYRA BURG Palisades Fee Waiver PVPF 25-129 11/07/2025 77230 200.00 Vendor Subtotal: 200.00
AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 15 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No ‘ Amount PO No 101-0000-3421-00 CREST REAL ESTATE LLC Palisades Fee Waiver PVPF 25-107 11/07/2025 77235 200.00 Vendor Subtotal: 200.00
10 1-0000-3421-00 SAMUEL CULBERT Palisades Fire Waiver PVPF 25-100 10/30/2025 77 175 200.00 Vendor Subtotal: 200.00
101-0000-3421’-00 JAD DAYEH Palisades Fee Waiver PVPF 25-106 11/07/2025 77238 200700 Vendor Subtotal: 200.00
10 1-0000-342 1-00 ETHAN VANDER RYN Palisades Fee Waiver PVPF 25-107 11/07/2025 77239 200.00 Vendor Subtotal: 200,00
101—0000-3421-00 SUZANNE DONOVAN FAMILY T] Palisades Fee Waiver PVPF 25-089 11/07/2025 77240 I 200.00
Vendor Subtotal: 200100
101-0000-3421-00 DEXTER GLENN Palisades Fee Waiver PVPF 25-195 11/07/2025 77247 200.00 Vendor'Subtotal: 200.00
10 1-0000-3421-00 SEBASTIAN HARRISON Palisades Fee Waiver THPF 25-003 11/07/2025 77249 200.00 Vendor Subtotal: 200100
101-0000-3421-00 ‘ STEVEN E HAVELKA & MARJAE Palisades Fee Waiver PVPF 25-149 11/07/2025 77250 200.00 Vendor Subtotal: 200100
101-0000-3421-00 KIM KI SOO SUNSPIN ENERGYI Palisades Fee Waiver OCGM 25-002 11/07/2025 77252 200.00 Vendor Subtotal: 200.00
101-0000-3421-00 ROMAN KLEYNBERG Palisades Fee Waiver PVPF 25-034 11/07/2025 77253 200.00 AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 16 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO NO Vendor Subtotal: 200.00
101—0000-3421-00 JEFFERY LUZADER TRUST Palisades Fee Waiver PVPF 25-035 11/07/2025 77262 200000 Vendor Subtotal: 200000
10 1-0000-3421-00 JASON & STACY PET’I‘A Palisades Fee Waiver - PVPF 25-162 11/07/2025 77270 200.00 Vendor Subtotal: 200.00
101-0000-3421-00 RE BUILD Palisades Fee Waiver APRPF 25-001 11/07/2025 77272 4,371.00 Vendor Subtotal: 4,37 1 100
101-0000-342 1-00 RYAN LEVIS ARCHITECT INC Palisades Fee Waiver PVPF 25-105 11/07/2025 77277 200.00 Vendor Subtotal: 200.00
101-0000-3421-00 VANESSA SCHWARTZ Palisades Fee Waiver PVPF 25-113 11/07/2025 77278 200.00 Vendor Subtotal: 200.00
101-0000-342 1-00 PAUL SEEMAN Palisades Fee Waiver PVPF 25-108 11/07/2025 77279 200.00 Vendor Subtotal: 200100
101-0000-3421-00 THE ROBERT SELTZER TRUST Palisades Fee Waiver PVPF 25-157 11/07/2025 77280 200.00 Vendor Subtotal: 200.00
101-0000-3421-00 BRETT SHAW Palisades Fee Waiver PVPF 25-014 1 1/07/2025 77281 200.00 Vendor Subtotal: 200.00
10 1-0000-342 1-00 NEIL STRUM Ref - Variance Not Required 11/07/2025 77285 2, 1 92.00 Vendor Subtotal: 2,192.00
AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 17 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO NO 101-0000-3421-00 ALICE SUFEN & ROBERT NANSI-l Palisades Fee Waiver PVPF 25-088 11/07/2025 77287 200‘00 Vendor Subtotal: 200.00
10 1-0000-3421-00 V1LLA COSTERA RECONSTRUC'. Palisades Fee Waiver PVPF 25-030 11/07/2025 77292 200.00 Vendor Subtotal: 200100
101-0000-3421-00 DEAN WENNER Palisades Fee Waiver PVPF 25-131 11/07/2025 77294 200.00 Vendor Subtotal: 200.00
101-0000-3421-00 XINGKAO XUE & JUAN LIU ‘ Palisades Fee Waiver PVPF-111 11/07/2025 77296 200.00 Vendor Subtotal: 200.00
101-0000-3421-00 RICHARD ALAN ZEFF Palisades Fee Waiver PVPF 25-150 11/07/2025 77297 200.00 Vendor Subtotal: 200.00
101-2001-5100-00 CALIFORNIA COASTAL WORKS 4000 Malibu Canyon Rd - Sep '25 10/30/2025 771 70 501150 000004396 101-2001-5 100-00 CALIFORNIA COASTAL WORKS Planning Svcs - Sep '25 10/30/2025 77170 8,171 .50 000004395 Vendor Subtotal: 8,673.00
101-200 1-5100-00 CSG CONSULTANTS INC Contract Planning 8/30 - 9/26/25 10/30/2025 77173 3,451.00 000004418 Vendor Subtotal: 3,45 1 .00
101-2001-5 100-00 INTERWEST CONSULTING GROI 3700 La Paz - Sep '25 10/30/2025 77179 765.00 000004511 Vendor Subtotal: - 765,00
101-2001-5100-00 JOYCE PARKER-BOZYLINSKI Flaming Svcs - Sep '25 10/30/2025 771 93 1,235.00 000004352 101-2001-5100-00 JOYCE PARKER-BOZYLINSKI Planning Svcs - Aug '25 10/30/2025 77193 1,140.00 000004352 Vendor Subtotal: 2,375.00
AP—Transactions by Account (11/12/2025 - 4:04 PM) Page 18 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No 101-2001-5100-00 MARINA SEK Contract Planning - Sep '25 10/30/2025 77196 14,689.00 000004360 Vendor Subtotal: 14,689.00
101-2001-5210-00 LA COUNTY REGISTRAR—RECOR CEQA Filing - 6924 Grasswood Ave - 11/07/2025 77254 75,00 101-2001-5210-00 LA COUNTY REGISTRAR-RECOR CEQA Filing - 31239 Bailaxd Rd - AP 11/07/2025 77258 75,00 101-2001—5210-00 LA COUNTY REGISTRAR-RECOR CEQA Filing — 29329 Bluewater Rd - . 11/07/2025 77259 75.00 101-2001-5210-00 LA COUNTY REGISTRAR-RECOR CEQA Filing - 5561 Horizon Dr - API 11/07/2025 77256 75.00 101-2001-5210-00 LA COUNTY REGISTRAR-RECOR SCH Filing - Ryokan Bed & Breakfast 11/07/2025 77257 3,043‘75 101-2001-5210-00 LA COUNTY REGISTRAR-RECOR CEQA Filing - 5937 Trancas Canyon] 11/07/2025 77255 75.00 Vendor Subtotal: 3,4 1 8.75
101-2001-5401-00 CR PRINT Public.Notice Postcard Mailings 11/07/2025 77237 254012 000004077 101-2001-5401-00 CR PRINT Public Notice Postcard Mailings 11/07/2025 77237 155.56 000004077 101-2001-5401-00 CR PRINT Public Notice Postcard Mailings 11/07/2025 77237 190,81 000004077 101-2001-5401-00 CR PRINT Public Notice Postcard Mailings 11/07/2025 77237 882192 000004077 Vendor Subtotal: 1,483.41
101-2001-6160-00 ARC DOCUMENT SOLUTIONS Ll Name Plates - Flaming Commission 11/07/2025 77228 140.24 Vendor Subtotal: 140.24
101-2001-6160-00 RIVERSIDE RUBBER STAMP & E CDD - Received Stamps 11/07/2025 77275 198. 11 Vendor Subtotal: 198 . 1 1
10 1-2004-5 1 00-00 BUREAU VERITAS NORTH AME] Onsite Plans Examiner - Aug '25 10/30/2025 77203 16,802.50 000004398 10 1-2004-5 1 00-00 BUREAU VERITAS NORTH AME] Onsite Inspections - Sep '25 10/30/2025 77203 13,325.00 000004398 10 1-2004-5 1 00-00 BUREAU VERITAS NORTH AME] Onsite Plans Examiner - Sep '25 10/30/2025 77203 17,517.50 000004398 101-2004-5100-00 BUREAU VERITAS NORTH AME] Onsite Permit Tech - Sep '25 10/30/2025 77203 13,230.00 000004398 10 1—2004-5 100-00 BUREAU VERITAS NORTH AME] Onsite Inspections - Aug '25 10/30/2025 77203 13,227.50 000004398 101-2004-5 100-00 BUREAU VERITAS NORTH AME] Onsite Permit Tech - Aug '25 10/30/2025 77203 14,220.00 000004398 Vendor Subtotal: 88,322.50
101-2004-6160—00 RIVERSIDE RUBBER STAMP & E CDD - Approved/Reviewed Stamps 11/07/2025 77275 172.74 AP—Transactions by Account (1 1/12/2025 - 4:04 PM) Page 19 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 172.74
101-2010-4210-00 State of California PR Taxes Unemployment Expenses - Jul-Sep'25 1 1/ 12/2025 0 435.00 Vendor Subtotal: 435000
10 1-20 10-6 160-00 STAPLES CONTRACT & COMME Office Supplies - Wastewater 11/07/2025 77284 129‘92 Vendor Subtotal: 129.92
101-3003-5100-00 RINCON CONSULTANTS INC On—Call Environmental Svcs - Sep '25 11/04/2025 77222 42,705.00 000004337 101-3003-5100-00 RINCON CONSULTANTS INC On—Call Environmental Svcs T5 - Sep 11/04/2025 77222 48,509.00 000004337 Vendor Subtotal: 9 1 ,2 14.00
101-3003-5100-00 TETRA TECH INC Malibu Creek Trash TMRP - Sep '25 10/30/2025 77199 3,537143 000003028 10 1 -3003 -5 1 00-00 TETRA TECH INC Malibu Creek Trash TMRP - Aug '25 10/3 0/2025 771 99 5,569.51 000003028 Vendor Subtotal: 9,106.94
10 1 -3003-5 l 00-02 TETRA TECH INC CIMP Monitoring - Sep '25 10/30/2025 77199 38,516.46 000003028 101-3003-5100-02 TETRA TECH INC CIMP Monitoring - Aug '25 10/30/2025 77199 64,564.43 000003028 Vendor Subtotal: 103,080.89
Subtotal for Section 1: 101 347,765.73
102-3101-5120-01 ENHANCED LANDSCAPE MANA Franklin Fire - Bluffs - Eucalyptus Tre 11/07/2025 77241 1,150.00 Vendor Subtotal: 1,150.00
102-3 1 02-5 1 00-00 BEST BEST & KRIEGER LLP Fire Disaster Response - Aug '25 11/04/2025 77209 6,951.80 000004588 Vendor Subtotal: 6,95 1 . 80
102-3 102-5 100-00 COVERED 6 LLC Palisades Fire Neighborhood Security 11/04/2025 77210 101,895.68 000004533 AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 20 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 10 1 ,895.68
102-3 1 02-5 1 00-00 LOS ANGELES COUNTY PUBLIC 2025 LA Wildfires Private Property Dr 10/30/2025 77185 603,167.00 000004608 Vendor Subtotal: 603, 1 67.00
102-3102-5100-00 TRIPEPI SMITH & ASSOCIATES Palisades Fire - Orr-Call Communicati- 10/30/2025 77201 10,150.00 000004457 102-3 1 02-5 1 00-00 TRIPEPI SMITH & ASSOCIATES Palisades Fire - On—Call Communicati- 10/30/2025 77201 16,130.00 000004457 102-3 1 02-5 1 00-00 TRIPEPI SMITH & ASSOCIATES Palisades Fire - On-Call Communicati- 10/30/2025 77201 16,130.00 000004457 Vendor Subtotal: 42,4 10.00
102-3 102-5 100-02 CALIFORNIA COASTAL WORKS Fire Recovery/Rebuild Planning - Sep 10/30/2025 77170 23,500.00 000004476 Vendor Subtotal: 23,500.00
102-3 102-5 1 00-02 INTERWEST CONSULTING GROI Palisades On—Call Planning - Sep '25 10/30/2025 77179 18,161.25 000004511 Vendor Subtotal: 18,16 1 .25
102-3 1 02-5 100-02 MICHAEL BAKER INTERNATIOI‘ Fire Rebuild Contract Planning - Jul '2 11/04/2025 772 1 8 36,550.00 000004520 102-3 1 02-5 1 00-02 MICHAEL BAKER INTERNATIOI‘ Fire Rebuild Contract Planning - Sep 'Z 11/04/2025 772 1 8 18,360.00 000004520 102-3 1 02-5 100-02 MICHAEL BAKER INTERNATIOI‘ Fire Rebuild Contract Flaming - Aug ' 11/04/2025 772 1 8 21,600.00 000004520 Vendor Subtotal: 76,510.00
102-3 102-5 100-02 MARINA SEK Palisades Fire Contract Flaming — Sep 10/30/2025 771 96 3,145.00 000004360 Vendor Subtotal: 3, 145.00
102—3 102-5 1 00-03 RINCON CONSULTANTS INC Palisades Fire - On—Call Environmentz 11/04/2025 77222 32,209.50 000004475 Vendor Subtotal: 32,209.50
102-3102-5100-03 BUREAU VERITAS NORTH AME] Palisades Fire Onsite Permit Tech - Se 10/30/2025 77203 12,562.50 000004456 102—3 1 02-5 100-03 BUREAU VERITAS NORTH AME] Palisades Fire Onsite Permit Tech - At 10/3 0/2025 77203 12,000.00 000004456 102-3 102-5 100-03 BUREAU VERITAS NORTH AME] Palisades Fire Plan Check - Aug '25 10/30/2025 77203 4,6 1 0.48 000004456 102-3 102-5 100-03 BUREAU VERITAS NORTH AME] Palisades Fire Onsite Plans Exams - A 10/30/2025 77203 17,680.00 000004456 AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 21 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No 102-3 1 02-5 1 00-03 BUREAU VERITAS NORTH AME] Palisades Fire Plan Check - Sep '25 10/30/2025 77203 838.50 000004456 102-3 102-5 l 00-03 BUREAU VERITAS NORTH AME] Palisades Fire Onsite Plans Exams - Sl 10/30/2025 77203 18,915.00 000004456 102-3102-5100-03 BUREAU VERITAS NORTH AME] Palisades Fire Inspections - Aug ‘25 10/30/2025 77203 455100 000004456 102-3 102-5 100-03 BUREAU VERITAS NORTH AME] Palisades Fire Inspections - Sep '25 10/30/2025 77203 325,00 000004456 Vendor Subtotal: 67,386.48
102-3 1 02-5 100-04 BURNS PACIFIC CONSTRUCTIO] Palisades Fire - Street Signs Repairs - 10/30/2025 77168 29,104.60 000004401 Vendor Subtotal: 29, 1 04.60
102-3 1 02-5 100-04 LEMOINE SERVICES HOLDINGS Task 1: FEMA PA Support - Sep '25 11/04/2025 772 11 10,246.50 000004594 102-3 1 02-5 1 00-04 LEMOINE SERVICES HOLDINGS Task 3: Fire Recovery Consulting - Se; .1 1/04/2025 77211 716.25 000004594 102-3 1 02-5 1 00-04 LEMOINE SERVICES HOLDINGS Task 2: Hazardous Mitigation Grant Pi 11/04/2025 772 11 41,379.25 000004594 Vendor Subtotal: 52,342.00
102-3 1 02-5 100-04 GMZ ENGINEERING INC Palisades Fire PCH Signal Synch Proj 11/04/2025 772 14 11,178.18 000004076 Vendor Subtotal: 11,178. 1 8
102-3 1 02-5 1 00-04 MNS ENGINEERS INC Palisades Fire PW Support Svcs 6/1 - 1 10/30/2025 77191 3,055.00 000004459 Vendor Subtotal: 3,055.00
102-3 102-5 100-04 YEH AND ASSOCIATES INC Big Rock Mesa AD 98-1 Palisades Fir] 10/30/2025 77206 33,365.96 000003612 102-3 1 02-5 100-04 YEH AND ASSOCIATES INC Big Rock MesaAD 98-1 Palisades Firu 10/30/2025 77206 23,755.11 000003612 102-3102-5100-04 YEH AND ASSOCIATES INC Calle del Barco AD 98-2 Palisades Fin 10/30/2025 77206 5,866.30 000003612 102-3 1 02-5 1 00-04 YEH AND ASSOCIATES INC Calle del Barco AD 98-2 Palisades Fir: 10/3 0/2025 77206 5,841.00 000003612 Vendor Subtotal: 68,828.37
102-3 1 02-5 120-01 BURNS PACIFIC CONSTRUCTIO] Palisades Fire - Protective Measures - 10/30/2025 77168 8,174.66 000004401 Vendor Subtotal: 8,174.66
102-3102-5610-00 ACME VALLEY SECURITY SERV Rebuild Ctr - Alarm Monitoring - Oct 10/30/2025 77166 178.50 Vendor Subtotal: 178.50
AP-Transactions by Account (11/12/2025 - 4:04 PM) Page 22 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No 102-3 102-572 1—00 CHARTER COMMUNICATIONS E Rebuild Center Internet - Aug '25 11/07/2025 77283 9534 102-3 1 02—572 1-00 CHARTER COMMUNICATIONS E Rebuild Center Internet - Sep '25 11/07/2025 77283 220.00 102-3 102-572 1-00 CHARTER COMMUNICATIONS E Rebuild Center Intemet - Oct '25 11/07/2025 77283 220.00 Vendor Subtotal: 535.34
102-3 1 02-6 160-00 STAPLES CONTRACT & COMME Office Supplies - Recovery Center 11/07/2025 77284 1841 16 Vendor Subtotal: 184. 1 6
102-92 1 6-5 100-00 M6 CONSULTING INC Westward Beach Road Drainage Repa: 10/3 0/2025 77187 3,210,25 000003805 Vendor Subtotal: 3,21 0.25
102-9223-5100-00 DIAMOND CONSTRUCTION INC Big Rock Drainage Infrastructure 8/ l - 11/04/2025 772 12 536,750.00 000004506 102-9223-5100-00 DIAMOND CONSTRUCTION INC Big Rock Drainage Infrastructure 7/ l - 11/04/2025 77212 389,500,00 000004506 Vendor Subtotal: 926,250.00
102-9223-5 100-00 KIMLEY-HORN AND ASSOC INC Task 3: Big Rock Discharge - Aug '25 11/04/2025 77216 94,003.03 000004523 Vendor Subtotal: 94,003103
102-9223-5 l 00-00 YEH AND ASSOCIATES INC Big Rock Mesa AD 98-1 Palisades Sto 10/3 0/2025 77206 3,717.00 000003612 Vendor Subtotal: 3,717.00
Subtotal for Section 1: 102 2,177,247.80
103-9050-5610-00 BEAR CONTRACTORS INC Alarm Monitoring - Oct to Dec '25 10/30/2025 77167 255.00 103—9050—5610-00 BEAR CONTRACTORS INC Fire Line Repair 11/07/2025 77229 2,1 35.00 Vendor Subtotal: 2,390.00
103-9050-5610-00 REGENCY ENTERPRISES INC City Hall - Building Lights 11/07/2025 77273 158.59 Vendor Subtotal: 158159
AP—Transactions by Account (ll/l2/2025 - 4:04 PM) Page 23 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO NO 103-9050-5610-00 SOUTH COAST AQMD AQMD Emissions Fees - FacID 1717C 10/30/2025 77198 170.94 103-9050-5610-00 SOUTH COAST AQMD AQMD Renewal Fees - FacID 171708 10/30/2025 77198 565.63 Vendor Subtotal: 736.57
103-9050-7300-00 WINK ROBERTS > City Mgr/Server Room Ceiling Paint S 10/30/2025 77190 2,479.66 Vendor Subtotal: 2,479.66
103-9050-7300-00 TANDEM STORAGE CORPORATI CM - Storage Container Vent Addition 11/07/2025 77271 344.98 Vendor Subtotal: 344.98
Subtotal for Section 1: 103’ 6,109.80
105-9088-5100-00 TRIPEPI SMITH & ASSOCIATES Community Lands Outreach - Sep '25 10/30/2025 77201 2,023.75 000004209 Vendor Subtotal: 2,023.75
105-9088-5210-00 US BANK COP 2018-AAnnual Admin Fee 10/30/2025 77202 2,860.00 Vendor Subtotal: 2,860.00
Subtotal for Section 1: 105 4,883.75
203-3009-5145-00 RTW MANAGEMENT Dial-A—Ride - Sep '25 11/07/2025 77276 47,091.00 000004433 Vendor Subtotal: 47,091.00
Subtotal for Section 1: 203 47,091.00
207-3004-5 1 00-00 SOLID WASTE SOLUTIONS INC Report/Hauler/AB 939 - Sep '25 10/30/2025 77197 4,352.00 000004074 Vendor Subtotal: 4,352.00
207-3004-5 1 00-01 SOLID WASTE SOLUTIONS INC Dumpster Lid Enforcement - Sep '25 10/30/2025 77197 9,247.00 000004074 AP-Transactions by Account 01/12/2025 - 4:04 PM) Page 24 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor GL Date Check No Amount PO No
Vendor Subtotal: 9,247‘00
207—3004-5850-00 13 STARS MEDIA Ad — SB1383 E—Wasta Event 10/16/25 11/07/2025 77226 268.00 207-3004-5 850-00 13 STARS MEDIA Ad - SB1383 E—Waste Event 8/14/25 11/07/2025 77226 268,00 Vendor Subtotal: 536.00
207—3004-5850-00 SOLID WASTE SOLUTIONS INC SB 1383 Grant - Sep '25 10/30/2025 77197 2, 1 1 3 .50 Vendor Subtotal: 2, 1 1 3 150
Subtotal for Section 1: 207 16,248,50
2 15-7070-5 93 1-01 MALIBU COMMUNITY LABOR E CDBG Day Labor Exchange - Jul '25 10/30/2025 771 88 663100 000004614 Vendor Subtotal: 663100
215-7070-7800-00 WILLIAMS SCOTSMAN INC Credit for Interest & Late Fee - MCLE 11/04/2025 77225 -50151 215-7070-7800-00 WILLIAMS SCOTSMAN INC Credit for Interest Charge & Late FEE 11/04/2025 77225 -5 1 127 215-7070-7800-00 WILLIAMS SCOTSMAN INC MCLE Restroom Trailer - Toilet 10/1 - 1 1/04/2025 77225 6,783.21 215-7070-7800-00 WILLIAMS SCOTSMAN INC MCLE Restroom Trailer - Tank 9/30 - 11/04/2025 77225 1,036.35 Vendor Subtotal: 7,7 17.78
Subtotal for Section l: 215 8,3 80.78
290-6002-5 100-00 YEH AND ASSOCIATES INC Big Rock Mesa AD 98-1 Monitor/Mai 10/30/2025 77206 21,999.33 000003612 290-6002-5 100-00 ' YEH AND ASSOCIATES INC Big Rock Mesa AD 98-1 Monitor/Mai 10/3 0/2025 77206 18,613.54 000003612 Vendor Subtotal: 40,6 12. 87
290-6002-7903-00 YEH AND ASSOCIATES INC Big Rock MesaAD 98-1 Cap Improve 10/30/2025 77206 3,578.54 000003612 Vendor Subtotal: 3,578.54
Subtotal for Section 1: 290 44,19 1 .41
AP-Transactions by Account (1 1/12/2025 - 4:04 PM) Page 25 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No 291-6003—5100-00 YEH AND ASSOCIATES INC Malibu Rd AD 98-3 Monitor/Maint - I 10/30/2025 77206 4,899.75 000003612 Vendor Subtotal: 4,899.75
Subtotal for Section 1: 291 4,899.75
292-6004-5 1 00-00 YEH AND ASSOCIATES INC Calle del Balco AD 98-2 Monitor/Mal 10/30/2025 77206 7,602.81 000003612 292-6004-5 1 00-00 YEH AND ASSOCIATES INC #Calle del Barco AD 98-2 Monitor/Mal 10/30/2025 ‘ 77206 5,549125 000003612 Vendor Subtotal: 13,152.06
Subtotal for Section 1: 292 13, 1 52.06
310-9058-5 100-00 IVIETRO Big Rock/La Costa Repymt Atier Aud: 10/30/2025 77189 132,504.00 000004612 Vendor Subtotal: 132,504.00
3 10-9065-5 100-00 R & R SERVICES CORPORATION Civic Ctr Way Investigation - Jun '25 11/04/2025 77213 6,614.00 000004617 Vendor Subtotal: 6,6 14,00
3 10—9066-5 100-00 GMZ ENGINEERING INC PCH Signal Synch Proj - Sep '25 11/04/2025 77214 73,720.00 000004076 Vendor Subtotal: 73,720.00
3 10-9066-5 1 00-00 KIMLEY-HORN AND ASSOC INC Task 15: Feedback Camera — Feb '25 10/30/2025 771 81 900.00 000004367 Vendor Subtotal: 900.00
3 1 0-9075-5 100-00 WOODARD & CURRAN INC CCWTF Phase 2 - Through 8/29/25 10/30/2025 77205 57,756.25 000003489 Vendor Subtotal: 57,756.25
310-9100-5 100-00 CHEN RYAN ASSOCIATES INC PCH Right Tum Lane at Trancas - Jul 10/30/2025 771 71 8,977.50 000003915 310-9100-5 100-00 CHEN RYAN ASSOCIATES INC PCH Right Tum Lane at Trancas - Aug 10/30/2025 77171 7,680.50 000003915 Vendor Subtotal: 16,658.00
AP-Transactions by Account (l 1/12/2025 - 4:04 PM) Page 26 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No 3 1 0-9 1 02—5 1 00-00 KIMLEY-HORN AND ASSOC INC PCH Median Improvements - Aug '25 10/30/2025 771 81 1,135.00 000004423 Vendor Subtotal: 1, 1 35100
310-9103-5 100-00 KIMLEY—HORN AND ASSOC INC Task 15: Kanan Dume Biofilters - Aug 10/30/2025 77 1 8 1 1,970.54 000004356 Vendor Subtotal: 1,970.54
Subtotal for Section 1: 310 291,257.79
500-7008-5130-00 ANAWALT LUMBER CO INC CS - Legacy Supplies 11/07/2025 77227 33.02 500-7008-5130-00 ANAWALT LUMBER CO INC CS - Legacy Supplies 11/07/2025 77227 8.72 500-7008-5 l 30-00 ANAWALT LUMBER CO INC CS - Legacy Supplies - 11/07/2025 77227 39 1 . 89 Vendor Subtotal: 433.63
500-7008-5 1 30-00 BURNS PACIFIC CONSTRUCTIO] Legacy Park - Paver Repairs 11/07/2025 77231 14,580.16 000004619 Vendor Subtotal: 14,580.16
500-7008-5 130-00 BRIAN SHORE Signs - Legacy No Camping 11/07/2025 77290 327.69 Vendor Subtotal: 327.69
500-7008-5725-00 GI INDUSTRIES Garbage - Ioki Lot - Oct ‘25 11/07/2025 77245 179.63 500-7008-5725-00 GI INDUSTRIES Garbage - Supercare Pharmacy - Oct '2 11/07/2025 77245 21 5.54 Vendor Subtotal: 395117
500-7008-6160-00 ATHACO INC Signs - Legacy - No Camping 11/07/2025 77263 1,478.21 Vendor Subtotal: 1,478.21
Subtotal for Section 1: 500 17,2 14:86
515-3010-5721-00 FRONTIER CALIFORNIA INC Phone - CCWTF 10/8 — 11/7/25 11/07/2025 77243 435.73 AP-Transactions by Account (ll/12/2025 - 4:04 PM) Page 27 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor GL Date Check No Amount PO No
Vendor Subtotal: 435.73
Subtotal for Section 1: 515 435,73
601-3005-6500—00 WRIGHT EXPRESS FSC WEX BA} Gas Reciepts 10/14 - 10/23/25 11/07/2025 77233 1,294.48 Vendor Subtotal: 1,294.48
Subtotal for Section 1: 601 1,294.48
602-7060-5721-00 FRONTIER CALIFORNIA INC City Hall Intemet 10/14 - 11/13/25 11/07/2025 77243 1,000.00 Vendor Subtotal: 1,000.00
602-7060-6120-00 PRODUCTIVE ONLINE CORPOR; Barracuda Subscription 9/ 15/25 - 9/ 14. 10/3 0/2025 771 94 19,242.00 000004607 Vendor Subtotal: 19,242.00
602-7060-6 120-00 THQMAS GALLAWAY CORP ‘ Darktrace Solutions - Cyber Security? 10/30/2025 77200 19,900.00 000004497 Vendor Subtotal: 19,900.00
Subtotal for Section 1: 602 40,142.00
710-0000-2270-44 \
13 STARS MEDIA Ad — MLSS - B. Muirhead 8/7/25 11/07/2025 77226 268.00 710-0000-2270-44 13 STARS MEDIA Ad - MLSS - O. Kaufmann 10/16/25 11/07/2025 77226 268.00 Vendor Subtotal: 536.00
710-0000—2270-44 MALIBU ELEMENTARY SCHOOI FY 25/26 Malibu Elem Library Set As 11/04/2025 772 17 403.41 Vendor Subtotal: 403.41
710-0000-2271-29 CSG CONSULTANTS INC Trancas Water Tank - Sep '25 10/30/2025 77173 176.00 000004418 710-0000-2271-29 CSG CONSULTANTS INC Trancas Water Tank - Aug '25 10/30/2025 77173 2,396.00 000004418 AP-Transactions by Account (ll/12/2025 - 4:04 PM) Page 28 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 2,572.00
Subtotal for Section 1: 710 3,5 1 1 .41
900-0000-2040-00 CalPERS Retirement PR Batch 70006112025 PERS EEShz 11/12/2025 10,573.04 900-0000-2040-00 CalPERS Retirement PR Batch 70006112025 PERS Addl 1 11/12/2025 83.64 900-0000-2040-00 CaIPERS Retirement PR Batch 70006. 1 1 ,2025 PEPRA Add] 11/12/2025 49‘61 Vendor Subtotal: 10,706.29
900-0000—2040-01 CalPERS Retirement PR Batch 70006. l 1 .2025 PEPRA ER( 11/12/2025 23,290185 900-0000-2040-01 CalPERS Retirement PR Batch 70006. 1 1 .2025 PERS ERSh: 11/12/2025 20,209.58 Vendor Subtotal: 43,500043
900-0000-2040-02 CalPERS Retirement PR Batch 70006. 1 1 .2025 PEPRA EE ( 11/12/2025 23,234.54 Vendor Subtotal: 23,234.54
900-0000-204 l-OO US BANK PR Batch 700061102025 PARS - EE S 11/12/2025 77298 1,223049 900-0000-2041-00 US BANK PR Batch 70006112025 PARS - ERS 11/ l 2/2025 77298 256.56 Vendor Subtotal: 1,480.05
900-0000-2042-00 EMPOWER RETIREMENT LLC PR Batch 70006. 1 l .2025 457 Retireml 11/12/2025 0 1,766.83 900-0000-2042-00 EMPOWER RETIREMENT LLC PR Batch 70006. 1 1 .2025 457 Retiremt 11/12/2025 0 10,685.00 900-0000-2042-00 EMPOWER RETIREMENT LLC PR Batch 70006. 1 1 .2025 457 Retirem( 11/12/2025 0 3,550.00 900-0000-2042-00 EMPOWER RETIREMENT LLC PR Batch 70006. 1 1 .2025 Roth-457 Re 11/12/2025 0 2,126. 1 5 900-0000—2042-00 EMPOWER RETIREMENT LLC PR Batch 70006. 1 1 .2025 Roth-457 Re 11/12/2025 0 285.00 Vendor Subtotal: 18,4 12.98
900-0000-2042-01 EMPOWER RETIREMENT LLC PR Batch 70006. 1 1 .2025 457 Loan Pr( 11/12/2025 772.76 Vendor Subtotal: 772.76
900-0000-2043-00 EMPOWER RETIREMENT LLC PR Batch 70006. 1 l .2025 401 Retiremt 11/12/2025 875.00 AP-Transactions by Account (11/12/2025 — 4:04 PM) Page 29 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 875‘00
900-0000-2050-00 Federal Taxes from PR PR Batch 70006112025 Federal Inca] 11/ 12/2025 62,733.43 Vendor Subtotal: 62,733.43
900-0000-205 1-00 State of California PR Taxes PR Batch 70006.112025 State Income 11/12/2025 25,095.43 Vendor Subtotal: 25,095‘43
900-0000-2053-00 Federal Taxes from PR PR Batch 70006. 1 1 .2025 Medicare ER 11/12/2025 7,034. 11 900-0000-2053-00 Federal Taxes from PR PR Batch 700061112025 Medicare EE 11/12/2025 7,222.34 Vendor Subtotal: 14,256.45
Subtotal for Section 1: 900 201,067.36
Report Total: 4,546,689.26
Report Total: 4,546,689.26
Less Clearing House Electronic AP Proof List 00001.112025 (200,598.31) Transactions By Account Total: 4,346,090.95 AP-Transactions by Account 01/12/2025 - 4:04 PM) Page 30 Docusign Envelope ID: EBB43CAD-FB5C-4C6C-BE2A-FA724DD21810

Page 1 of 1 ends

Agenda Item # 1.B.3.

Council Agenda Report
To: Mayor Riggins and the Honorable Members of the City Council Prepared by: Kelsey Pettijohn, City Clerk
Approved by: Candace Bond, Interim City Manager
Date prepared: November 14, 2025 Meeting date: November 24, 2025 Subject: Approval of Minutes
RECOMMENDED ACTION: Approve the minutes for the May 27, 2025 Regular Meeting.

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 2024-25 Strategic Priority Project List.

DISCUSSION: Staff has prepared draft minutes for the Council meeting on May 27, 2025.

ATTACHMENTS:

May 27, 2025 Regular Meeting
City Council Meeting
11-24-25
Item

1.B.3.

MINUTES

MALIBU CITY COUNCIL

REGULAR MEETING
MAY 27, 2025

COUNCIL CHAMBERS
5:30 P.M.

MEETING CALL TO ORDER
Mayor Riggins called the meeting to order at 5:31 p.m.

ROLL CALL
The following persons were recorded in attendance by the Recording Secretary:

PRESENT: Mayor Marianne Riggins; Mayor Pro Tem Bruce Silverstein; and Councilmembers Haylynn Conrad, Doug Stewart and Steve Uhring.

ALSO PRESENT: Trevor Rusin, Interim City Attorney; Candace Brown, Interim City Manager; Kelsey Pettijohn, City Clerk; Kristin Riesgo, Community Services Director; Yolanda Bundy, Environmental Sustainability Director; Maureen Tamuri, Interim Planning Director; Susan Dueñas, Public Safety Director; Interim Deputy City Manager Richard Rojas; Tyler Eaton, Principal Planner; Tatiana Holden, Assistant Public Works Director; Travis Hart, Deputy Public Works Director; Parker Davis, Media Technician; and Jason Lawrence, Deputy City Clerk

PLEDGE OF ALLEGIANCE
Mark Russo led the Pledge of Allegiance.

REPORT ON POSTING OF AGENDA
City Clerk Pettijohn reported that the agenda for the meeting was properly posted on May 16, 2025, with the amended agenda posted on May 23, 2025.

APPROVAL OF AGENDA
MOTION Councilmember Stewart moved, and Councilmember Uhring seconded a motion to approve the agenda, hearing Item Nos. 2.A. and 2.B. before Item No. 5.E. The motion carried unanimously.

ITEM 2 CEREMONIAL/PRESENTATIONS
MOTION Councilmember Stewart moved and Councilmember Uhring second to hear No.

2.B. before Item 2.A. The motion carried unanimously.

B. Presentation of the Mike Treinen Public Safety Award to Mark Russo Public Safety Commission Chair Josh Spiegel presented the award to Mark Russo.

Malibu City Council
Minutes of May 27, 2025

Page 2 of 12 ends

_________________________
Marl Russo thanked the City for the recognition.

A. Presentation of Commendations to Patrick Steele and Oscar Johnson in recognition of their response to a house fire
Mayor Riggins presented the commendations to Patrick Steele and Oscar Johnson.

Patrick Steele and Oscar Johnson thanked the Council for the commendation.

Sergeant Chris Soderlund presented plaques on behalf of the Los Angeles County Sheriff’s Department.

ITEM 5 ORDINANCES AND PUBLIC HEARINGS
E. Appeals of Planning Commission Resolution No. 24-021 regarding Coastal Development Permit No. 23-019 and Site Plan Review No. 23-024 – An application to construct a new single-family residence, second unit and associated development (30053 Harvester Road, Owner, Steven Kent; Appellants, Dawn N. Ericson, Paul E Philipson, and Andrea Slosberg-Philipson)(Continued from May 21, 2025) Recommended Action: Adopt Resolution No. 25-17 determining the project is categorically exempt from the California Environmental Quality Act (CEQA), denying Appeal No. 24-004 and Appeal No. 24-005, and approving Coastal Development Permit (CDP) No. 23-019 to construct a new 4,270 square foot, twostory, single-family residence with a 970 square foot basement plus a 750 square foot attached three-car garage, 900 square foot detached second unit, 500 square foot detached garage, 432 square foot detached yoga studio, swimming pool, grading, landscaping, hardscape, and onsite wastewater treatment system (OWTS); including Site Plan Review (SPR) No. 23-024 to construct the residence in excess of 18 feet in height, up to 24 feet for a flat roof, located in the Rural Residential, Two-Acre (RR-2) zoning district at 30053 Harvester Road (Kent).

Disclosures: None.

Principal Planner Eaton presented the staff report.

Mayor Riggins opened the floor to public comment.

Speakers: Stacy Clunies-Ross, DNA Moore, Mike Moore, Gladys Hernandez-Kent, Scott Dittrich, Jo Drummond (Klee Van Hamersueld deferred time to Ms.

Drummond); Thomas Spencer, Edith Reed, Dhayan Roark, Steven Guban, David Vort, Kwesi Asamoah, Ryan Embree, and Norm Haynie.

Staff displayed the proposed change which lowered the project by two feet and moved it seven feet from the eastern neighbor.

Speakers: Andrea Slosberg-Philipson, and Paul Philipson.

Malibu City Council
Minutes of May 27, 2025

Page 3 of 12 ends

_________________________
In response to Mayor Pro Tem Silverstein and Interim City Attorney Rusin, Ms.

Slosberg-Philipson and Mr. Philipson clarified that their appeal would only be withdrawn if the project was approved as modified in their agreement with Mr.

Kent.

Speakers: Frank Angel (Dawn Ericson and Jefferson Wagner deferred time to Mr.

Angel), Dominique Navarro, Mr. Kent (Craig Clunies-Ross deferred time to Mr.

Kent).

The Council directed questions to the appellants and applicants.

Mayor Riggins closed the public hearing and returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff.

RECESS At 8:02 p.m., Mayor Riggins recessed the meeting. The meeting resumed at 8:11 p.m. with all Councilmembers present.

The Council discussed the item and directed questions to staff.

Councilmember Stewart disclosed that he saw the effects of weed-whacking on the site during a site visit.

Mayor Riggins reopened the public hearing for comments on the disclosure.

Speaker: Frank Angel
Mayor Riggins closed the public hearing and returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff.

MOTION Councilmember Stewart moved, and Mayor Pro Tem Silverstein seconded a motion to adopt Resolution No. 25-17, as amended to add the condition consistent to the agreement to withdraw Appeal No. 24-005: “The single-family residence, yoga studio, and mechanical equipment on the east side of the property shall be built in accordance with the revised plans presented at the May 27, 2025, City Council meeting and shall not be moved closer to the eastern property line,” determining the project is categorically exempt from the California Environmental Quality Act (CEQA), denying Appeal No. 24-004 and Appeal No. 24-005, and approving Coastal Development Permit (CDP) No. 23-019 to construct a new 4,270 square foot, two-story, single-family residence with a 970 square foot basement plus a 750 square foot attached three-car garage, 900 square foot detached second unit, 500 square foot detached garage, 432 square foot detached yoga studio, swimming pool, grading, landscaping, hardscape, and onsite wastewater treatment system (OWTS); including Site Plan Review (SPR) No. 23-024 to construct the residence in excess Malibu City Council
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of 18 feet in height, up to 24 feet for a flat roof, located in the Rural Residential, Two-Acre (RR-2) zoning district at 30053 Harvester Road (Kent).

The Council discussed the item and directed questions to staff.

Mayor Pro Tem Silverstein withdrew his second. Mayor Riggins seconded the motion.

The question was called and the motion carried 3-2, Mayor Pro Tem Silverstein and Councilmember Uhring opposed.

ITEM 1 CONSENT CALENDAR
Mayor Riggins opened the floor to public comment on the Consent Calendar.

Anne K. provided public comment on Item No. 1.B.12.

Ryan provided public comment on Item Nos. 1.B.5., 1.B.6., and 1.B.12.

As there were no other public speakers, Mayor Riggins closed public comment.

Item Nos. 1.B.4., 1.B.5., 1.B.11., and 1.B.12. were pulled by the Council.

MOTION Mayor Pro Tem Silverstein moved, and Mayor Riggins seconded a motion to approve the Consent Calendar, pulling Item Nos. 1.B.4., 1.B.5., 1.B.11., and

1.B.12.. The motion carried unanimously.

The Consent Calendar consisted of the following items:

A. Previously Discussed Items

1. Second Reading and Adoption of Ordinance No. 525
Recommended Action: Conduct second reading, unless waived, and adopt Ordinance No. 523, amending Section 5.36.040 of the Malibu Municipal Code to forgo the CPI-W-based minimum wage increase scheduled for July 1, 2025, and clarify that the 2026 increase shall reflect only the CPI-W for calendar year 2025, with no retroactive or cumulative increase applied.

B. New Items

2. Approve Warrants
Recommended Action: Allow and approve warrant demand numbers 75543-75717 on the register from the General Fund and direct the City Manager to pay out the funds to each of the claimants listed in Warrant Register No. 768 in the amount of the warrant appearing opposite their names, for the purposes stated on the respective demands in a total amount of $3,257,800.82. City of Malibu payroll check number 5506 and ACH Malibu City Council
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deposits were issued in the amount of $335,687.50.

3. Approval of Minutes
Recommended Action: Approve the minutes for the February 27, 2025 Special Meeting.

6. Professional Services Agreements with Kimley Horn and Associates, Inc.

Recommended Action: 1) Authorize the Mayor to execute a Professional Services Agreements with Kimley Horn and Associates, Inc. (Kimley Horn) for engineering design services for the Pacific Coast Highway (PCH) Las Flores and Rambla Pacifico Intersection Improvements Project in the amount not to exceed $654,544

7. Investment Report for the Month Ending April 30, 2025 Recommended Action: Receive the Investment Report for the month ending April 30, 2025.

8. Amendment to Professional Services Agreement with Integrated Performance Consultants, Inc.

Recommended Action: Authorize the Mayor to execute an Amendment No. 3 to Professional Services Agreement with Integrated Performance Consultants, Inc. (IPC) for operations, maintenance, and management services at Civic Center and Paradise Cove Stormwater Treatment Facilities.

9. Acceptance of Las Flores Storm Drain Repair Project
Recommended Action: 1) Accept the work performed by J & H Engineering General Contractors, Inc. for the Las Flores Canyon Storm Drain Repair Project, Specification No. 2111 as complete; and 2) Authorize the Public Works Director to submit for recordation a Notice of Completion.

10. Acceptance of Bluffs Park Roof Replacement Project
Recommended Action: 1) Accept the work performed by AC Pros, Inc. for the Bluffs Park Roof Replacement Project, Specification No. 2110 as complete; and 2) Authorize the Public Works Director to submit for recordation a Notice of Completion.

The following items were pulled from the consent calendar for individual consideration:

4. Professional Services Agreement for Pedestrian Undercrossing at Malibu Seafood
Recommended Action: Authorize the Mayor to execute a Professional Services Agreement with MNS Engineers, Inc. in an amount not to exceed $587,556 for engineering design services for the Pedestrian Undercrossing at Malibu Seafood.

The Council discussed the item and directed questions to staff.

MOTION Councilmember Stewart moved, and Councilmember Conrad seconded a motion to authorize the Mayor to execute a Professional Services Agreement with MNS Engineers, Inc. in an amount not to exceed $587,556 for engineering design services for the Pedestrian Undercrossing at Malibu Seafood. The motion carried unanimously.

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5. Professional Services Agreement with Kimley Horn and Associates, Inc.

Recommended Action: Authorize the Mayor to execute Professional Services Agreement with Kimley Horn and Associates, Inc. (Kimley Horn) for engineering design services for the Pacific Coast Highway (PCH) Crosswalk Improvements at Big Rock and 20326 PCH in the amount of $280,950.

The Council discussed the item and directed questions to staff.

MOTION Councilmember Uhring moved, and Councilmember Stewart seconded a motion to authorize the Mayor to execute Professional Services Agreement with Kimley Horn and Associates, Inc. (Kimley Horn) for engineering design services for the Pacific Coast Highway (PCH) Crosswalk Improvements at Big Rock and 20326 PCH in the amount of $280,950. The motion carried unanimously.

11. Senate Bill (SB) 79 Transit-oriented Development. - OPPOSE Recommended Action: Authorize the Mayor to send a letter of opposition to Senate Bill 79 (Weiner) which would streamline approvals of highdensity development in transit-oriented locations.

The Council discussed the item and directed questions to staff.

MOTION Councilmember Stewart moved, and Councilmember Uhring seconded a motion to authorize the Mayor to send a letter of opposition to Senate Bill 79 (Weiner) which would streamline approvals of high-density development in transit-oriented locations. The motion carried unanimously.

12. Professional Services Agreement with Covered 6
Recommended Action: Receive and file a report on an emergency Professional Services Agreement with Covered 6 LLC to provide security for fire-impacted neighborhoods after Pacific Coast Highway opens and the National Guard demobilizes from the area.

The Council discussed the item and directed questions to staff.

MOTION Mayor Pro Tem Silverstein moved, and Councilmember Stewart seconded a motion to receive and file a report on an emergency Professional Services Agreement with Covered 6 LLC to provide security for fire-impacted neighborhoods after Pacific Coast Highway opens and the National Guard demobilizes from the area. The motion carried unanimously.

ITEM 3 COMMISSION / COMMITTEE / CITY MANAGER UPDATES
Interim City Manager Bond discussed PCH reopening and thanked the City’s partners for assisting with the reopening. She announced the Sue Wong Art Exhibit and the Malibu Film Society screening. She provided Rebuild center statistics. She Malibu City Council
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stated that the Army Corps of Engineers completed debris removal on 222 parcels along PCH, in the Big Rock neighborhood they have cleared 72 percent of opt-in properties, with 50 percent of those having received final sign-off from the County, in Las Flores Canyon, 59 percent of opt-in properties are cleared, with 23 percent receiving final sign-off. She stated over 260 families have visited the Rebuild Center for assistance, the Planning Department approved 17 fire rebuild applications and an additional 30 were being reviewed.

Interim City Manager Bond introduced Deputy Fire Chief Nick Duvally who provided an update on fire flow for fire rebuilds, including using auxiliary tanks and swimming pools for fighting fires and improved access. He discussed work with Water District 29 and City staff on options to permit fire rebuilds that had insufficient fire flow. In response to Councilmember Stewart, he stated that the size of tanks depended on factors such as home size and currently 7500-, 10,000-, and 12,500-gallon tanks were currently available.

The Council directed question to Deputy Fire Chief Duvally.

CONSENSUS
By consensus, the Council requested an item to discuss fire flow for fire rebuilds and new construction.

Sergeant Chris Soderlund, Los Angeles County Sheriff Department, stated that PCH opened the prior Friday at 10:00 a.m., with a speed limit of 25 miles per hour and law enforcement patrols that included the California Highway Patrol. He cautioned there were numerous construction activities and restricted parking along the highway. He stated the Beach Team began patrols on Memorial Day weekend.

He stated drone patrols were conducted in burn areas. He stated the weekend helicopter patrols the Sheriff Department was staffing was being funded by the Board of Supervisors.

In response to Mayor Riggins, Sergeant Soderlund stated that the Sheriff Department had radar feedback speed trailers positioned along the highway, but he believed the solar-powered trailers in parking lots she referred to were outfitted with cameras and provided by private residents for security purposes.

In response to Mayor Pro Tem Silverstein, Sergeant Soderlund stated that the Lost Hills Sheriff station had a drone pilot program and would be operational soon ITEM 4.A. PUBLIC COMMENTS
Meril May discussed the importance of permitting water tanks to provide water supply during fires. He stated that he was pleased that more refuse and restroom facilities were provided at Zuma Beach to serve the growing crowds. He encouraged reopening the Zuma underpass, He spoke in favor of access to fire hydrants and encouraged those traveling along the highway to drive safely and observe speed limits.

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Lynn Dornhelm was not present at the time of hearing.

Anne K. stated the Los Angeles County Board of Supervisors adopted the 1996 draft hydrant and onsite water tank storage study and part of it was used for current firefighter training. She discussed the Caltrans study of Malibu and announced the comment period deadline was extended to June 16, 2025. She discussed the Brown Act as it pertained to the Interim City Manager position and the cure and correct letter she submitted to the City.

Christopher Sorensen was not present at the time of hearing.

Darren Graves discussed an incident with Sheriff deputies telling him he could not park on the street near his family’s property in the burn area. He questioned if the no parking policy was uniformly enforced. He discussed an individual illegally surveilling private property with a drone.

Daniel Smith requested the Council schedule an item to consider allowing existing sceptic systems to be used for fire rebuilds.

Jo Drummond requested fire rebuilds be classified as rebuilds under the building and environmental health code rather than new development. She discussed unnecessary studies that were required and discussed the importance of neighborhood character and protecting the natural environment.

Jefferson Wagner discussed the importance of having properly built water tanks and invited those interested to visit his as an example.

Scott Dittrich was not present at the time of the hearing.

DNA Moore deferred time to Mike Moore.

Mike Moore thanked staff for work on a Local Coastal Program Amendment fire rebuild. He discussed the number of homes lost in wildfires since 2018 and the number of fire rebuilds from the Woolsey Fire. He discussed the easily understood format of statistics on the Army Corps of Engineers website and compared their rebuild progress to that of Malibu. He stated that neighborhood character should be comprised of fire-hardened homes.

Norm Haynie discussed water tanks and insufficient municipal water flow. He stated that if a house was built that was served by a municipal water source, building a tank was not allowed even if the water flow provided was deemed insufficient.

Kevin Keegan announced plans for a water ferry service in Santa Monica Bay from Malibu, through Santa Monica, to Marina Del Rey. He stated goals of the service included safety, emergency evacuation, public transportation, special events, improving travel time, and potential traffic reduction on PCH.

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Ryan Embree recommended the City retain a grant writer and apply for additional grant funding.

CONSENSUS
By consensus, the Council directed staff to bring back an item to thank the National Guard for their service to the City.

MOTION Councilmember Stewart moved and Councilmember Conrad seconded a motion to hear Item No. 5.A. after 10:30 p.m.

The Council discussed the motion.

The motion carried unanimously.

ITEM 5 ORDINANCES AND PUBLIC HEARINGS (Continued)
A. Collection of Fees for the Implementation of the California Integrated Waste Management Act within the Malibu Garbage Disposal District Recommended Action: 1) Conduct the public hearing; and 2) Adopt Resolution No. 25-25 authorizing collection on the County Tax Roll of a fee from residential and commercial premises for the cost of preparing, adopting and implementing the City’s Source Reduction and Recycling Element and Household Hazardous Waste Element imposed by Resolution No. 03-30.

Environmental Sustainability Director Bundy presented the staff report.

Mayor Riggins opened the floor to public comment. As there were no other speakers present, Mayor Riggins closed the public hearing and returned the matter to the table for discussion.

MOTION Mayor Pro Tem Silverstein moved, and Councilmember Uhring seconded a motion to adopt Resolution No. 25-25 authorizing collection on the County Tax Roll of a fee from residential and commercial premises for the cost of preparing, adopting and implementing the City’s Source Reduction and Recycling Element and Household Hazardous Waste Element imposed by Resolution No. 03-30.

The motion carried unanimously.

MOTION Mayor Pro Tem Silverstein moved, and Councilmember Stewart seconded a motion to hear Item No. 5.B. after 10:30 p.m. The motion carried unanimously.

B. Status Update on Vacancies in Compliance with Assembly Bill 2561 (2024) – Local Public Employees: Vacant Positions
Recommended Action: 1) Conduct the public hearing; and 2) Receive and file the status update report on vacancies in compliance with Assembly Bill 2561.

Interim Deputy City Manager Rojas presented the staff report.

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The Council directed questions to staff.

Mayor Riggins opened the floor to public comment.

Speaker: Ryan
As there were no other speakers present, Mayor Riggins closed the public hearing and returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff.

Hearing no objection, the item was received and filed.

C. Appeals of Planning Commission Resolution No. 24-13 for Coastal Development Permit No. 22-040 – An application to restore a wetland buffer that was disturbed due to unpermitted weed abatement (23855 Civic Center Way, Owner: Civic Center Way LLC) (Continued from May 12, 2025)
Recommended Action: Continue the item to the July 14, 2025 City Council meeting.

This item was continued upon approval of the agenda.

D. Approval of Use of Community Development Block Grant (CDBG) funds for Fiscal Year 2025-2026
Recommended Action: Continue the hearing to the June 9, 2025 City Council meeting.

This item was continued upon approval of the agenda.

MOTION Mayor Riggins moved, and Councilmember Conrad seconded a motion to hear Item No. 7.A. after 10:30 p.m. The motion passed unanimously.

ITEM 7 NEW BUSINESS
A. Malibu Arts Association Fee Waiver
Recommended Action: Consider whether to approve a request from the Malibu Arts Association to waive facility use fees, staffing costs, permit fees, and incur costs related to event mailing data and radius map for a summer art show series at Legacy Park.

Community Service Director Riesgo presented the staff report.

The Council directed questions to staff.

Mayor Riggins opened the floor to public comment. As there were no other speakers present, Mayor Riggins returned the matter to the table for discussion.

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The Council discussed the item.

MOTION Mayor Pro Tem Silverstein moved, and Councilmember Uhring seconded a motion to approve a request from the Malibu Arts Association to waive facility use fees, staffing costs, permit fees, and incur costs related to event mailing data and radius map for a summer art show series at Legacy Park.

The motion carried unanimously.

MOTION Mayor Pro Tem Silverstein moved and Councilmember Uhring seconded a motion to hear Item No. 7.B. after 10:30 p.m. The motion passed unanimously.

B. Confirmation of the Appointment of Ambassador Candace Bond as Interim City Manager and Related Interim City Manager Employment Agreement Recommended Action: Confirm the appointment of Ambassador Candace Bond as Interim City Manager, effective May 19, 2025, and the award of the attached Interim City Manager Employment Agreement.

Interim City Attorney Rusin presented the staff report.

Mayor Riggins opened the floor to public comment.

Speaker: Anne K.

As there were no other speakers present, Mayor Riggins returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff.

MOTION Mayor Pro Tem Silverstein moved, and Councilmember Uhring seconded a motion to ratify the appointment of Ambassador Candace Bond as Interim City Manager, effective May 19, 2025, and the award of the attached Interim City Manager Employment Agreement. The motion carried unanimously.

ITEM 4.B. SUBCOMMITTEE REPORTS / COUNCIL COMMENTS
None.

ITEM 6 OLD BUSINESS
A. Fire Recovery Work Session Agendas
Recommended Action: Provide direction to staff on which topics should be scheduled for upcoming Fire Recovery Work Sessions.

Without direction from the Council on whether to hold this meeting, it was not properly called and therefore will not take place.

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ITEM 8 COUNCIL ITEMS
None.

ADJOURNMENT
Mayor Riggins adjourned the meeting at 10:55 p.m.

Approved and adopted by the City Council of the
City of Malibu on __________.
_________________________________
MARIANNE RIGGINS, Mayor
ATTEST:
_________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
.

City of Malibu
Memorandum

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Agenda Item # 1.B.4.

To: Mayor Riggins and the Honorable Members of the City Council From: Ruth F. Quinto, CPA, City Treasurer
Subject: Investment Report for the Month Ending October 31, 2025 RECOMMENDED ACTION: Receive the Investment Report for the month ending October 31, 2025.

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 18.56%
U.S. Treasury 74.54%
U.S. Agencies 0.00%
Certificates of Deposit 6.90%
Investments month to month:

Investment
Issuer/Instrument Type
September 30, 2025 October 31, 2025
Amount
(in millions) Yield(A) %
Amount
(in millions) Yield(A) %
Operating Cash Cash $13.12 3.61% 14.21% $6.55 3.40% 7.61% LAIF Cash $7.40 4.19% 8.01% $7.48 4.13% 8.68%
CDs Investment $5.94 4.06% 6.43% $5.94 4.06% 6.90%
Treasury Bills Investment $0.00 0.00% 0.00% $0.00 0.00% 0.00% Treasury Notes Investment $54.43 3.85% 58.96% $54.53 3.85% 63.32% Treasury STRIPS Investment $9.63 4.02% 10.43% $9.66 4.02% 11.22% Money Market Cash $1.81 4.22% 1.96% $1.96 3.70% 2.28%
Total/Blended Yield 3.88% 3.87%
Total Duration(Years) 1.87 1.94
(A)Yield is based on Purchase Yield for Treasury Bills
2-Year U.S. Treasury Note Benchmark, as of October 31, 2025: 3.60%.

The fair market value of all investments held by the City is $86,117,668 as of October 31, 2025.

ATTACHMENTS:

1. City of Malibu Investment Statement

2. City of Malibu Portfolio Analysis Statement
City Council Meeting
11-24-25
Item

1.B.4.

SNAPSHOT
Current period ending October 31, 2025
ACCOUNT NAME: CITY OF MALIBU

RUTH QUINTO
ACCOUNT NUMBER:

Your Financial Advisor:

WILLIAM GOMBERG 701 S PARKER STREET
Phone: 714-497-1366 SUITE 2500
ORANGE, CA 92868
If you have more than one account with us, why not link them and receive summary information for your entire household? Contact Your Financial Advisor for more details.

CITY OF MALIBU News

RUTH QUINTO SHOULD YOU NEED ADDITIONAL DETAILS ABOUT A SPECIFIC TRANSACTION REFLECTED ON 23825 STUART RANCH ROAD YOUR STATEMENT, THE INFORMATION IS AVAILABLE ONLINE OR BY CONTACTING THE CLIENT SERVICE NUMBER ON YOUR STATEMENT. MALIBU CA 90265-4861 Investment and Insurance Products are: Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN), a registered broker-dealer and non-bank affiliate of Wells Fargo • Not Insured by the FDIC or Any Federal Government Agency & Company. WFAFN uses the trade name Wells Fargo Advisors. Any other referenced • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank entity is a separate entity from WFAFN. Account(s) carried by Wells Fargo Clearing Affiliate Services, LLC, Member SIPC.
• Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested

SNAPSHOT
RSNIP-03012025-5924926.1.1 072 ANCA ANC9
General About your rights and responsibilities instructions and disclosures Questions and complaints about Your Account: This account statement contains important information About this statement about your brokerage account, including recent transactions. All account statements sent to you shall be deemed Clearing services: Wells Fargo Clearing Services, LLC (WFCS), an indirect wholly owned subsidiary of Wells complete and accurate if not objected to in writing within ten days of receipt. We encourage you to review the details Fargo & Company, is a clearing broker-dealer registered with the Securities and Exchange Commission (SEC) and in this statement. If you do not understand any of the information in your statement or if you believe there are any the Municipal Securities Rulemaking Board (MSRB) and is a member of the New York Stock Exchange (NYSE), the inaccuracies or discrepancies in your statement, you should promptly report them to both WFCS and to the manager Financial Industry Regulatory Authority (FINRA) and all principal U.S. exchanges. WFCS carries your account(s) and of the Wells Fargo Advisors Financial Network office listed on the front of your statement. To further protect your acts as your custodian for funds and securities deposited with us directly by you, through our affiliated broker-dealer, rights, including any rights under the Securities Investor Protection Act, any verbal communications with either your Wells Fargo Advisors Financial Network, LLC (Wells Fargo Advisors) or as a result of transactions WFCS processes Wells Fargo Advisors Financial Network office or with WFCS should be re-confirmed in writing. Inquiries or for your account. Twice a year, WFCS publishes on its web site www.wfclearing.com a statement of the firm's complaints about your account statement, including the positions and balances in your account, may be directed to financial condition. A financial statement of this organization is available for your personal inspection at its offices, or Wells Fargo Advisors Client Services at (866) 258-4606 or ATTN: H0005-087, 1 N. Jefferson Ave, St. Louis, MO a copy of it will be mailed upon your written request. Unless and until we receive written notice from you to the 63103. contrary, WFCS may, without inquiry or investigation, accept from Wells Fargo Advisors (i) orders for the purchase or Public disclosure: You may reach FINRA by calling the FINRA BrokerCheck Hotline at (800) 289-9999 or by visiting sale of securities for your account on margin or otherwise, and (ii) any other instructions concerning your account. the FINRA website at www.finra.org. An investor brochure that includes information describing FINRA BrokerCheck Trade date statement and trade details: All activity and positions on this statement are shown as of the date a is available from FINRA upon request. A brochure describing the FINRA Pricing of Securities Regulation Public trade is entered on the brokerage trading system (i.e., the trade date). Proceeds from the sale of securities and costs Disclosure Program is also available from the FINRA upon request. for the purchase of securities are not transacted through your account until the actual settlement date of the trade. MSRB disclosure: A brochure describing the protections available under MSRB rules and how to file a complaint is The time of the transactions, the name of the buyer or seller, and the source and amount of any commission or fee available at www.MSRB.org. will be furnished upon written request.

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 positions 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.

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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.

SNAPSHOT Page 2 of 18

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Cash flow summary THIS PERIOD THIS YEAR
Opening value of cash and sweep balances $203,180.62
Income and distributions 149,633.67 1,996,042.99
Securities sold and redeemed 1,615,544.79 49,916,251.27 Net additions to cash $1,765,178.46 $51,912,294.26
Securities purchased -8,017.73 -33,120,953.76
Electronic funds transfers 0.00 -16,831,000.00
Net subtractions from cash -$8,017.73 -$49,951,953.76
Closing value of cash and sweep balances $1,960,341.35
Income summary * THIS PERIOD THIS YEAR
TAXABLE Money market/sweep funds 877.19 14,796.50
Interest 140,738.75 1,895,294.48
Ordinary dividends and ST capital gains 8,017.73 80,937.62 Total taxable income $149,633.67 $1,991,028.60
Total federally tax-exempt income $0.00 $0.00
Total income $149,633.67 $1,991,028.60
* Certain distributions made in the 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) 299,481.98 0.00 0.00
Long term (L) 1,111,299.89 0.00 2,325.29
Total $1,410,781.87 $0.00 $2,325.29

SNAPSHOT
072 ANCA ANC9
SNAPSHOT Page 3 of 18

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
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: 5419-7847 Go paperless. Accessing your account documents online is easy, secure, and Brokerage Cash Services number: 9091092513 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 0.00 Tax documents: X
Money market and sweep funds 1,960,341.35 Shareholder communications: X Available for loan 0.00 Other documents: X
Your total available funds $1,960,341.35

SNAPSHOT
072 ANCA ANC9

Page 4 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Bond maturity schedule % OF
MATURING IN: AMOUNT MATURING CURRENT VALUE MATURING VALUE under 1 year 21,756,000.00 21,492,071.99 30.39
60,000,00 1 to 5 years 49,828,000.00 48,638,320.64 69.61 6 to 10 years 0.00 0.00 0.00
40,000,00 11 to 15 years 0.00 0.00 0.00
16 to 20 years 0.00 0.00 0.00
21 to 30 years 0.00 0.00 0.00
20,000,00 over 30 years 0.00 0.00 0.00
Total $71,584,000.00 $70,130,392.63 100.00%
0 under 1 1 - 5 6 - 10 11 - 15 16 - 20 21 - 30 Over 30
Years
Additional information

THIS PERIOD THIS YEAR THIS PERIOD THIS YEAR
Accrued interest on sales 0.00 71,095.65 Gross proceeds 1,615,544.79 49,845,155.62 Accrued interest on purchases 0.00 -124,567.88
Portfolio detail
Cash and Sweep Balances
Sweep Balances - You have the right, in the course of normal business operations, to withdraw balances in the Bank Deposit Sweep Program or redeem shares of the money market mutual fund used in the sweep, subject to any open commitments in any of your accounts and have the proceeds returned to your accounts or remitted to you. The money market mutual funds in the sweep reserve the right to require one or more day's prior notice before permitting withdrawals.

Money Market Mutual Fund - Funds seek to preserve a value at $1.00 per share, but it is possible to lose money by investing in these funds. Investments in money market funds are not bank deposits and are not insured by the FDIC or any other government agency. They are instead covered by SIPC. Estimated Annual Yield on money market funds, when available, reflects the current estimated yield for the Interest Period dates displayed. For more complete information, including fees, expenses and risks, please request a prospectus from Your Financial Advisor.
% OF CURRENT ESTIMATED ESTIMATED CURRENT
DESCRIPTION ACCOUNT MARKET VALUE ANNUAL INCOME YIELD (%) ALLSPRING 2.72 1,960,341.35 72,533.00 3.70

GOVERNMENT MONEY MARKET
Interest Period 10/01/25 - 10/31/25
Total Cash and Sweep Balances 2.72 $1,960,341.35 $72,533.00 072 ANCA ANC9
Amount Maturing

Page 5 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Fixed Income Securities
Corporate and municipal bonds and other fixed income securities are priced by a computerized pricing service or, for less actively traded issues, by utilizing a yield-based matrix system to arrive at an estimated market value.

Government Bonds

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%) US TREAS STRIPS 02/26

INTEREST PMT
DUE 02/15/26
DTD 02/15/96
Moody NR , S&P NR
CUSIP 912833LY4
Acquired 01/24/24 L 276,000 98.80 272,694.80 273,071.64 376.84

91.79 253,355.50
Acquired 10/08/24 L 5,275,000 98.85 5,214,666.03 5,219,032.25 4,366.22

94.77 4,999,423.80
Total 7.62 5,551,000 $98.85 $5,487,360.83 98.9390 $5,492,103.89 $4,743.06 N/A N/A N/A $94.62 $5,252,779.30

US TREASURY
NOTES
CPN 2.250% DUE 03/31/26
DTD 03/31/19 FC 09/30/19
Moody AA1
CUSIP 9128286L9
Acquired 03/15/23 L 5.51 4,000,000 96.38 3,855,382.00 99.3740 3,974,960.00 119,578.00 7,912.09 90,000 2.26

US TREASURY
NOTES
CPN 3.750% DUE 04/15/26
DTD 04/15/23 FC 10/15/23
Moody AA1
CUSIP 91282CGV7
Acquired 04/02/24 L 2.77 2,000,000 98.53 1,970,772.62 99.9620 1,999,240.00 28,467.38 3,502.74 75,000 3.75

UNITED STATES TREAS SEC

INT PMT BD
DUE 05/15/26
DTD 11/15/96
Moody NR , S&P NR
CUSIP 912833LZ1
Acquired 10/22/24 L 5.79 4,255,000 97.87 4,164,699.26 98.0340 4,171,346.70 6,647.44 N/A N/A N/A

93.98 3,999,109.60
072 ANCA ANC9

Page 6 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025

ACCOUNT NUMBER
Fixed Income Securities
Government Bonds continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

US TREASURY
NOTES
CPN 0.750% DUE 08/31/26
DTD 08/31/21 FC 02/28/22
Moody AA1
CUSIP 91282CCW9
Acquired 03/15/23 L 5.41 4,000,000 91.07 3,643,007.00 97.5790 3,903,160.00 260,153.00 5,138.12 30,000 0.76

US TREASURY
NOTES
CPN 2.500% DUE 03/31/27
DTD 03/31/22 FC 09/30/22
Moody AA1
CUSIP 91282CEF4
Acquired 03/15/23 L 5.46 4,000,000 96.45 3,858,132.00 98.4140 3,936,560.00 78,428.00 8,791.21 100,000 2.54

US TREASURY
NOTES
CPN 2.625% DUE 05/31/27
DTD 05/31/22 FC 11/30/22
Moody AA1
CUSIP 91282CET4
Acquired 03/21/24 L 3.07 2,245,000 95.32 2,139,978.18 98.4490 2,210,180.05 70,201.87 24,796.21 58,931 2.66

US TREASURY
NOTES
CPN 3.125% DUE 08/31/27
DTD 08/31/22 FC 02/28/23
Moody AA1
CUSIP 91282CFH9
Acquired 03/15/23 L 2.60 1,894,000 98.59 1,867,461.42 99.1440 1,877,787.36 10,325.94 10,137.08 59,188 3.15

US TREASURY
NOTES
CPN 1.250% DUE 04/30/28
DTD 04/30/21 FC 10/31/21
Moody AA1
CUSIP 91282CBZ3
Acquired 04/02/24 L 3.91 2,985,000 88.91 2,654,128.14 94.4450 2,819,183.25 165,055.11 101.39 37,313 1.32 072 ANCA ANC9

Page 7 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Fixed Income Securities
Government Bonds continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

US TREASURY
NOTES
CPN 1.375% DUE 12/31/28
DTD 12/31/21 FC 06/30/22
Moody AA1
CUSIP 91282CDP3
Acquired 02/15/24 L 6.57 5,075,000 88.22 4,477,363.89 93.3940 4,739,745.50 262,381.61 23,513.24 69,781 1.47

US TREASURY
NOTES
CPN 2.875% DUE 04/30/29
DTD 04/30/22 FC 10/31/22
Moody AA1
CUSIP 91282CEM9
Acquired 04/30/24 L 2.12 1,565,000 92.50 1,447,763.07 97.5310 1,526,360.15 78,597.08 122.27 44,994 2.94

US TREASURY
NOTES
CPN 2.625% DUE 07/31/29
DTD 07/31/22 FC 01/31/23
Moody AA1
CUSIP 91282CFC0
Acquired 03/18/25 S 6.72 5,025,000 94.85 4,766,494.32 96.4330 4,845,758.25 79,263.93 33,335.00 131,906 2.72

US TREASURY
NOTES
CPN 3.500% DUE 09/30/29
DTD 09/30/24 FC 03/31/25
Moody AA1
CUSIP 91282CLN9
Acquired 09/17/25 S 6.77 4,910,000 100.29 4,924,524.62 99.4250 4,881,767.50 -42,757.12 15,107.70 171,850 3.52 100.30 4,924,890.44

US TREASURY
NOTES
CPN 4.000% DUE 10/31/29
DTD 10/31/22 FC 04/30/23
Moody AA1
CUSIP 91282CFT3
Acquired 11/07/24 S 4.21 3,000,000 99.61 2,988,405.43 101.2420 3,037,260.00 48,854.57 326.09 120,000 3.95 072 ANCA ANC9

Page 8 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Fixed Income Securities
Government Bonds continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

US TREASURY
NOTES
CPN 3.500% DUE 01/31/30
DTD 01/31/23 FC 07/31/23
Moody AA1
CUSIP 91282CGJ4
Acquired 02/20/25 S 6.84 4,965,000 96.82 4,807,135.54 99.3080 4,930,642.20 123,506.66 43,915.97 173,775 3.52

US TREASURY
NOTES
CPN 1.500% DUE 02/15/30
DTD 02/15/20 FC 08/15/20
Moody AA1
CUSIP 912828Z94
Acquired 03/18/25 S 6.79 5,350,000 89.17 4,770,769.19 91.4960 4,895,036.00 124,266.81 17,009.51 80,250 1.63

US TREASURY
NOTES
CPN 4.125% DUE 08/31/30
DTD 08/31/23 FC 02/29/24
Moody AA1
CUSIP 91282CHW4
Acquired 09/17/25 S 6.87 4,864,000 102.71 4,996,233.25 101.7920 4,951,162.88 -45,070.37 34,363.75 200,640 4.05 102.77 4,999,211.02
Total Government Bonds 89.04 65,684,000 $62,819,610.7 $64,192,253.73$1,372,642.97 $228,072.37 $1,443,628 2.25 6 $62,422,783.1
6 072 ANCA ANC9

Page 9 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit
Long-term certificates of deposit (maturity beyond one year from date of issue) are priced using a market value pricing model.

FDIC INSD
CPN 4.950% DUE 12/02/25
DTD 12/02/22 FC 06/02/23
CUSIP 856285V81
Acquired 11/28/22 L 0.35 250,000 100.00 250,000.00 100.0440 250,110.00 110.00 5,153.42 12,375 4.94 SALLIE MAE BANK/SALT CD ^
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 4.750% DUE 12/15/25
DTD 12/13/23 FC 06/13/24
CUSIP 795451DG5
Acquired 12/07/23 L 0.35 250,000 100.00 250,000.00 100.0960 250,240.00 240.00 4,587.33 11,875 4.74

BANK OF AMERICA NA CD
CHARLOTTE NC ACT/365

FDIC INSD
CPN 4.950% DUE 01/05/26
DTD 07/03/24 FC 01/03/25
CUSIP 06051XFE7
Acquired 06/26/24 L 0.35 250,000 100.00 250,000.00 100.1800 250,450.00 450.00 4,102.39 12,375 4.94

ISRAEL DISCOUNT BK OF CD
NEW YORK NY ACT/365

FDIC INSD
CPN 4.450% DUE 02/09/26
DTD 08/07/24 FC 02/07/25
CUSIP 465076UQ8
Acquired 08/05/24 L 0.35 250,000 100.00 250,000.00 100.1590 250,397.50 397.50 2,621.23 11,125 4.44

DOLLAR BANK FSB PA CD
PITTSBURGH PA ACT/365

FDIC INSD
CPN 4.000% DUE 02/27/26
DTD 08/28/24 FC 02/28/25
CUSIP 25665QDE2
Acquired 08/20/24 L 0.35 250,000 100.00 250,000.00 100.0520 250,130.00 130.00 1,808.22 10,000 3.99 072 ANCA ANC9

Page 10 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

COMENITY BANK CD
WILMINGTON DE ACT/365

JUMBO CD FDIC INSURED
CPN 2.000% DUE 03/18/26
DTD 03/18/22 FC 04/18/22
CUSIP 99000QQW7
Acquired 03/15/22 L 0.28 200,000 100.00 200,000.00 99.1332 198,266.40 -1,733.60 153.43 4,000 2.01

SYNCHRONY BANK CD
DRAPER UT ACT/365

FDIC INSD
CPN 5.000% DUE 03/24/26
DTD 03/24/23 FC 09/24/23
CUSIP 87165HX21
Acquired 03/14/23 L 0.35 250,000 100.00 250,000.00 100.4590 251,147.50 1,147.50 1,301.37 12,500 4.97

BARCLAYS BANK/DELAWAR CD
WILMINGTON DE ACT/365

FDIC INSD
CPN 4.000% DUE 08/28/26
DTD 08/28/24 FC 02/28/25
CUSIP 06740KSW8
Acquired 08/20/24 L 0.35 250,000 100.00 250,000.00 100.2080 250,520.00 520.00 1,780.83 10,000 3.99

TEXAS EXCHANGE BK SSB CD
CROWLEY TX ACT/365

CALLABLE FDIC INSD
CPN 1.100% DUE 10/29/26
DTD 10/29/21 FC 11/29/21
CALL 11/29/25 @ 100.000
CUSIP 88241TMC1
Acquired 10/22/21 L 0.34 250,000 100.00 250,000.00 97.5020 243,755.00 -6,245.00 22.60 2,750 1.12

DISCOVER BANK CD
GREENWOOD DE ACT/365

FDIC INSD
CPN 4.950% DUE 11/16/26
DTD 11/15/22 FC 05/15/23
CUSIP 254673Z66
Acquired 11/09/22 L 0.28 200,000 100.00 200,000.00 101.3150 202,630.00 2,630.00 4,610.96 9,900 4.88 072 ANCA ANC9

Page 11 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

UBS BANK USA CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 1.150% DUE 12/08/26
DTD 12/08/21 FC 01/08/22
CUSIP 90348JX96
Acquired 11/30/21 L 0.34 250,000 100.00 250,000.00 97.2890 243,222.50 -6,777.50 189.04 2,875 1.18

CALPRIVATE BANK CD
LA JOLLA CA ACT/365

FDIC INSD
CPN 4.050% DUE 02/16/27
DTD 08/14/24 FC 02/14/25
CUSIP 13135NCY4
Acquired 08/05/24 L 0.35 250,000 100.00 250,000.00 100.4870 251,217.50 1,217.50 2,191.44 10,125 4.03

VALLEY NATL BK WAYNE CD
WAYNE NJ ACT/365

FDIC INSD
CPN 4.600% DUE 03/11/27
DTD 03/11/24 FC 09/11/24
CUSIP 919853KW0
Acquired 03/05/24 L 0.35 250,000 100.00 250,000.00 101.2240 253,060.00 3,060.00 1,606.85 11,500 4.54

BRADESCO BANK CD
CORAL GABLES FL ACT/365

FDIC INSD
CPN 4.500% DUE 03/22/27
DTD 03/21/24 FC 09/21/24
CUSIP 10421AAT4
Acquired 03/05/24 L 0.35 250,000 100.00 250,000.00 101.1280 252,820.00 2,820.00 1,263.70 11,250 4.44

BNY MELLON NA CD
NEW YORK NY ACT/365

FDIC INSD
CPN 4.600% DUE 06/01/27
DTD 05/29/24 FC 11/29/24
CUSIP 05584CP59
Acquired 05/23/24 L 0.35 250,000 100.00 250,000.00 101.3890 253,472.50 3,472.50 3,938.36 11,500 4.53 072 ANCA ANC9

Page 12 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

EAGLEMARK SVGS BK CD
CARSON CTY NV ACT/365

FDIC INSD
CPN 4.700% DUE 07/02/27
DTD 07/03/24 FC 01/03/25
CUSIP 27004PFE8
Acquired 06/26/24 L 0.35 250,000 100.00 250,000.00 101.6190 254,047.50 4,047.50 3,895.20 11,750 4.62

CELTIC BANK CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 2.000% DUE 12/27/27
DTD 12/27/19 FC 01/27/20
CUSIP 15118RTH0
Acquired 12/09/19 L 0.33 250,000 100.00 250,000.00 96.5160 241,290.00 -8,710.00 68.50 5,000 2.07

AMERANT BANK NA CD
CORAL GABLES FL ACT/365

FDIC INSD
CPN 4.050% DUE 03/28/28
DTD 03/28/25 FC 09/28/25
CUSIP 02357QCL9
Acquired 03/18/25 S 0.35 250,000 100.00 250,000.00 100.8200 252,050.00 2,050.00 943.15 10,125 4.01

UNIVEST BANK & TR CO CD
SOUDERTON PA ACT/365

FDIC INSD
CPN 4.300% DUE 02/28/29
DTD 02/28/25 FC 03/28/25
CUSIP 91527PCP0
Acquired 02/20/25 S 0.35 250,000 100.00 250,000.00 101.8110 254,527.50 4,527.50 117.81 10,750 4.22

BEAL BANK USA CD
LAS VEGAS NV ACT/365

FDIC INSD
CPN 4.700% DUE 05/30/29
DTD 06/05/24 FC 12/05/24
CUSIP 07371DR66
Acquired 05/23/24 L 0.36 250,000 100.00 250,000.00 103.2060 258,015.00 8,015.00 5,794.52 11,750 4.55 072 ANCA ANC9

Page 13 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

BEAL BANK - PLANO TX CD
PLANO TX ACT/365

FDIC INSD
CPN 4.700% DUE 05/30/29
DTD 06/05/24 FC 12/05/24
CUSIP 07371BVU2
Acquired 05/23/24 L 0.36 250,000 100.00 250,000.00 103.2060 258,015.00 8,015.00 5,794.52 11,750 4.55

MORGAN STANLEY PVT BK CD
PURCHASE NY ACT/365

FDIC INSD
CPN 4.650% DUE 05/30/29
DTD 05/30/24 FC 11/30/24
CUSIP 61768E4J9
Acquired 05/23/24 L 0.36 250,000 100.00 250,000.00 103.0070 257,517.50 7,517.50 4,936.65 11,625 4.51

TOYOTA FINL SGS BK CD
HENDERSON NV ACT/365

FDIC INSD
CPN 4.500% DUE 06/28/29
DTD 06/28/24 FC 12/28/24
CUSIP 89235MPR6
Acquired 06/26/24 L 0.36 250,000 100.00 250,000.00 102.5590 256,397.50 6,397.50 3,883.56 11,250 4.38

MORGAN STANLEY BK NA CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 4.250% DUE 02/26/30
DTD 02/26/25 FC 08/26/25
CUSIP 61690DS33
Acquired 02/20/25 S 0.35 250,000 100.00 250,000.00 101.9360 254,840.00 4,840.00 1,950.34 10,625 4.16 Total Certificates of Deposit 8.24 5,900,000 $5,900,000.00 $5,938,138.90 $38,138.90 $62,715.42 $238,775 4.02 Total Fixed Income Securities 97.28 $68,719,610.7 $70,130,392.63$1,410,781.87 $290,787.79 $1,682,403 2.40 6 $68,322,783.1
6 ^ Denotes Certificate of Deposit with a maturity date in the next 60 days. Please contact us for further investment opportunities or any assistance. 072 ANCA ANC9

Page 14 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Activity detail
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 10/01 Cash DIVIDEND FIDELITY FUNDS 8,017.73

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
093025 1,607,527.06000
AS OF 9/30/25
10/08 Cash INTEREST UBS BANK USA CD 236.30
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 1.150% DUE 12/08/26
DTD 12/08/21 FC 01/08/22
100825 250,000
CUSIP 90348JX96
10/15 Cash INTEREST US TREASURY 37,500.00
NOTES
CPN 3.750% DUE 04/15/26
DTD 04/15/23 FC 10/15/23
101525 2,000,000
CUSIP 91282CGV7
10/20 Cash INTEREST COMENITY BANK CD 328.77
WILMINGTON DE ACT/365

JUMBO CD FDIC INSURED
CPN 2.000% DUE 03/18/26
DTD 03/18/22 FC 04/18/22
101825 200,000
AS OF 10/18/25
CUSIP 99000QQW7
10/27 Cash INTEREST CELTIC BANK CD 410.96
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 2.000% DUE 12/27/27
DTD 12/27/19 FC 01/27/20
102725 250,000
CUSIP 15118RTH0
072 ANCA ANC9

Page 15 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Activity detail continued
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 10/28 Cash INTEREST UNIVEST BANK & TR CO CD 883.56
SOUDERTON PA ACT/365

FDIC INSD
CPN 4.300% DUE 02/28/29
DTD 02/28/25 FC 03/28/25
102825 250,000
CUSIP 91527PCP0
10/29 Cash INTEREST TEXAS EXCHANGE BK SSB CD 226.03
CROWLEY TX ACT/365

CALLABLE FDIC INSD
CPN 1.100% DUE 10/29/26
DTD 10/29/21 FC 11/29/21
102925 250,000
CUSIP 88241TMC1
10/31 Cash INTEREST US TREASURY 60,000.00
NOTES
CPN 4.000% DUE 10/31/29
DTD 10/31/22 FC 04/30/23
103125 3,000,000
CUSIP 91282CFT3
10/31 Cash INTEREST US TREASURY 22,496.88
NOTES
CPN 2.875% DUE 04/30/29
DTD 04/30/22 FC 10/31/22
103125 1,565,000
CUSIP 91282CEM9
10/31 Cash INTEREST US TREASURY 18,656.25
NOTES
CPN 1.250% DUE 04/30/28
DTD 04/30/21 FC 10/31/21
103125 2,985,000
CUSIP 91282CBZ3
10/31 Cash DIVIDEND ALLSPRING 877.19

GOVERNMENT MONEY MARKET

SWEEP CLASS
103125 1,959,464
Total Income and distributions: $149,633.67
072 ANCA ANC9

Page 16 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Activity detail continued
Securities sold and redeemed

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 10/30 Cash SALE -1,615,544.79000 FIDELITY FUNDS 1.0000 1,615,544.79

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
Total Securities sold and redeemed: $1,615,544.79
Securities purchased

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 10/01 Cash REINVEST DIV 8,017.73000 FIDELITY FUNDS -8,017.73

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
REINVEST AT 1.000
Total Securities purchased: -$8,017.73
Cash sweep activity
Our Cash Sweep program allows you to earn a return on the idle cash balances in your account by automatically investing such balances into one of our cash sweep options. These 'sweep transactions' may represent a net amount for the day and occur on settlement date. The following section displays transfers into and out of your sweep option. Transactions displayed here are Transfer To, Transfer From and Reinvested Dividends and Interest. These transaction amounts are not included in your cash flow summary.

DATE TRANSACTION DESCRIPTION AMOUNT DATE TRANSACTION DESCRIPTION AMOUNT 10/01 BEGINNING BALANCE 203,180.62 10/28 TRANSFER TO ALLSPRING 883.56

GOVERNMENT MONEY MARKET
10/08 TRANSFER TO ALLSPRING 236.30 10/29 TRANSFER TO ALLSPRING 226.03

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
10/15 TRANSFER TO ALLSPRING 37,500.00 10/31 REINVEST DIV ALLSPRING 877.19

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
10/20 TRANSFER TO ALLSPRING 328.77 10/31 TRANSFER TO ALLSPRING 1,716,697.92

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
10/27 TRANSFER TO ALLSPRING 410.96 10/31 ENDING BALANCE 1,960,341.35

GOVERNMENT MONEY MARKET
072 ANCA ANC9

Page 17 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Bank Deposits Through Teller October 1 - October 31
Wells Fargo Bank, N.A. (Member FDIC) Account number 9091092513 Questions? Call us at 1-800-266-6263 Deposits made in a bank branch on the last business day of the month will typically appear on your next statement. Wells Fargo Clearing Services, LLC is not an FDIC-insured depository institution; FDIC deposit insurance only protects against the failure of an insured depository institution. Banking products and services provided by Wells Fargo Bank, N.A. Member FDIC.

DATE TRANSACTION DESCRIPTION AMOUNT BANK BALANCE
10/01 BEGINNING BALANCE $0.00
10/31 ENDING BALANCE $0.00
Realized gain/loss
Realized Gain/Loss Summary

THIS PERIOD THIS PERIOD THIS PERIOD THIS YEAR THIS YEAR THIS YEAR

GAIN LOSS NET GAIN LOSS NET
Short term 0.00 0.00 0.00 0.00 0.00 0.00
Long term 0.00 0.00 0.00 2,325.29 0.00 2,325.29
Total Realized Gain/Loss $0.00 $0.00 $0.00 $2,325.29 $0.00 $2,325.29 072 ANCA ANC9

Page 18 of 18 ends

CITY OF MALIBU

RUTH QUINTO
OCTOBER 1, 2025 - OCTOBER 31, 2025
ACCOUNT NUMBER:

Realized Gain/Loss Detail
Short term

ADJ PRICE/ DATE ADJ COST/

DESCRIPTION QUANTITY ORIG PRICE ACQUIRED CLOSE DATE PROCEEDS ORIG COST GAIN/LOSS FIDELITY FUNDS 1,607,527.06000 1.0000 09/18/25 10/30/25 1,607,527.06 1,607,527.06 nc 0.00

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
CUSIP 31607A802
8,017.73000 1.0000 10/01/25 10/30/25 nc 8,017.73 8,017.73 0.00 Total Short term $1,615,544.79 $1,615,544.79 $0.00
nc Cost information for this tax lot is not covered by IRS reporting requirements. Unless indicated, cost for all other lots will be reported to the IRS.

Specific instructions and disclosures
Available funds
"Available for loan" reflects the approximate amount available as of the statement period ending date and should be reduced by any pending checks and Visa charges not yet cleared. This amount is the approximate amount available for withdrawal and loans. A margin loan is a variable rate loan secured by your account.

Income on non-reportable accounts
Your income summary is categorized into taxable and tax-exempt income based upon the securities that you hold. Please be aware that, since this is a 1099 non-reportable account, this income will NOT be reported to the IRS, but is being provided to you for informational purposes only.

Callable Securities
Securities that are subject to a partial call will be selected by an impartial lottery process in which the probability of your securities being selected for redemption is proportional to the holdings of all shareholders of such securities held in street name. If a security is called prior to maturity it may affect the yield you receive. Additional information is available at www.wellsfargoadvisors.com under Legal Disclosures or the written procedures are available upon request.

Cost basis - To add or update information or modify your reporting options, please contact Your Financial Advisor.

This statement presents estimated unrealized or realized gains or losses for your information only. If acquisition or other information is not available, the gain/loss information may not be displayed and section and summary totals may not reflect your complete portfolio. Cost basis information is not verified by WFCS or Wells Fargo Advisors Financial Network and should not be relied upon for legal or tax purposes. Revisions to this information (due to corporate mergers, tenders and other reorganizations) may be required from time to time.

Cost basis for factored bonds (GNMA, CMO, etc.) will be adjusted for paydown of principal. Systematic investments in mutual funds and reinvested dividends for mutual funds and stocks have been consolidated for each position. Unit cost data for systematic investments and dividend reinvestment securities is provided for informational purposes only and is a non-weighted average.

Your account statement should not be used for tax preparation without assistance from your tax consultant. We do not report capital gains or losses for non-covered securities to the IRS.

Cost basis options
Unless specific tax lots are selected at trade time, sales of tax lots will occur using the cost basis election reflected in the Account profile section.

Estimated accrued interest on Fixed Income securities
Estimated accrued interest is included in the Portfolio summary as a convenience to you and represents the estimated portion of the interest that would be received upon the sale of the Fixed Income positions in your account, calculated from the date of the last coupon (or dated date) through the date of the account statement, based upon information provided by the issuer. This is not a guarantee that this amount will be realized in your account. Actual income will be based upon the payout schedule of the securities held in your account. If you own a Foreign Fixed Income security, and it is denominated in a foreign currency, the Estimated accrued interest will not be accurate. 072 ANCA ANC9
Portfolio Analysis
Prepared for CITY OF MALIBU
November 03, 2025
Prepared by:

WILLIAM GOMBERG
This report is not complete without all sections noted in the Table of Contents. Please read each section carefully.

Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN), a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. WFAFN uses the trade name Wells Fargo Advisors. Any other referenced entity is a separate entity from WFAFN. © 2025 Wells Fargo
PM-11212026-7994899.1.1
Table of Contents
Fixed Income Summary 3
Fixed Income Statistics 6
Redemption Distribution Rolling 12 Months 12
Fixed Income Redemption Distribution 14
Estimated Income Summary 17
Important Information 19
CITY OF MALIBU | November 03, 2025
Fixed Income Summary
As of 10/31/2025 for XXXX7847 - CITY OF MALIBU
Security Sub Type
Security sub type Market value % Fxd income
Government Bond 64,192,254 91.50%
Corporate Bond 5,938,139 8.50%
Total $70,130,393 100%
Credit Quality Ratings
Credit quality ratings % Fxd income
Treasury 91.50%
CDs 8.50%
Agency -
AAA -
AA -
A -
BBB -
Below inv grade -
Not rated -
N/A -
Total 100%
Bond Statistics
Statistic Taxable Tax exempt
Weighted avg coupon 2.37% -
Yield at purchase 3.89% -
Yield to maturity 3.72% -
Yield to worst 3.72% -
Weighted avg maturity: 1.96 yrs
Total duration: 2.40 yrs
Estimated Income Annualized
Month Estimated income annualized
11/2025 48,238
12/2025 66,558
01/2026 167,158
02/2026 208,111
03/2026 205,381
04/2026 140,469
05/2026 47,600
06/2026 54,034
07/2026 160,424
08/2026 197,144
09/2026 154,313
10/2026 102,910
Total $1,552,338
Taxable $1,552,338
Tax exempt -
Tax exempt Subject to AMT -
The asset classification of Corporate Bonds includes holdings of Certificates of Deposit. Funds include open end mutual funds, exchange-traded funds, closed end funds. 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 CITY OF MALIBU | November 03, 2025 Page 3 of 21
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. The Credit Quality Rating shown takes the lower of the two credit agency ratings between Moody's and Standard & Poor's and converts it to the equivalent S&P major rating category. Credit Quality Ratings and Bond Statistics sections do not include bond funds. Bond Statistics are weighted averages based on market value of bonds in the portfolio. Yield calculations are based on yield prices that may change monthly. Fixed income holdings, where the information is not available, are excluded from the Yield at Purchase, Yield to worst, Yield to maturity, Total duration, Weighted average coupon and Weighted average maturity calculations. For more information, including fixed income descriptions, please see the Important Information section at the end of this report.

Bond Term vs. Duration
Bond: 101% of bonds with short bond terms (0 to <5 yrs), 0% of bonds with intermediate bond terms (5 to <10 yrs), 0% of bonds with long bond terms (10+ yrs), 0% of bonds with a N/A bond terms.

Duration: 101% of bonds with short bond terms (0 to <5 yrs), 0% of bonds with intermediate bond terms (5 to <10 yrs), 0% of bonds with long bond terms (10+ yrs), 0% of bonds with a N/A bond terms.

CITY OF MALIBU | November 03, 2025 Page 4 of 21
Total portfolio value: $72,090,734
Bond term indicates years to redemption date as defined in the Important Information section.

Mortgage-backed securities (MBSs) include asset-backed securities (ABSs), pass-throughs 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. For more information, including fixed income descriptions, please see the Important Information section at the end of this report.

Callable Analysis
Term Callable value Market value

MBS - -
0 to <1 yrs 250,000 243,755
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 - 69,886,638
Total $250,000 $70,130,393
CITY OF MALIBU | November 03, 2025 Page 5 of 21
Fixed Income Statistics
As of 10/31/2025 for XXXX7847 - CITY OF MALIBU
Subtotals and totals are weighted averages based on market value These references may display in the following data table within the column, Description:**Indicates that this holding is insured by a credit agency but the specific insurer is unknown. Redemption 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. Call Types: C - Optional Premium Call, P - Optional Par Call. YTW 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.

Description
Qty/Face
and
Rem Prin
and
Factor
Moody's
and
S&P
and
Enhance
Coupon
and
Cpn Type
Redemption
and
Next Call
and
Call Price
Mkt Price
and
Adj Price
and
Orig Price
Mkt Value($)
and Gain Loss ($)
and
Purch Yld
Yld Price
and
YTWand
YTM
Duration
and
Convexity
Dur Cont
and
% Fxd Inc
and
% Port
U.S. Taxable Investment
Grade Fixed Income
asset class total (category applies to all security types below) N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A

2.373%
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
70,130,393
and
1,410,782
and

3.89%
N/A
and

3.72%
and

3.72%

2.4 and

0.1 2.4
and
100.0%
and

97.3%
Treasury Note
security type total (category applies to all holdings below) N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A

2.609%
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
54,528,803
and
1,361,252
and

3.85%
N/A
and

3.71%
and

3.71%

2.8 and

0.1 2.2
and

77.8%
and

75.6%

US TREASURY/ NOTES/
9128286L9
4,000,000
and
-
and
-
AA1
and
-
and
-

2.250%
and
Fixed
03/31/26 M
and
-
and
-

99.37 and

96.38 and

96.38 3,974,960
and
119,578
and

3.51%

99.23 and

3.84% M
and

3.84%

0.5 and

0.0 and

5.7%
and

5.5%

US TREASURY/ NOTES/
91282CGV7
2,000,000
and
-
and
-
AA1
and
-
and
-

3.750%
and
Fixed
04/15/26 M
and
-
and
-

99.96 and

98.54 and

98.54 1,999,240
and
28,467
and

4.51%

99.96 and

3.83% M
and

3.83%

0.5 and

0.0 and

2.9%
and

2.8%

US TREASURY/ NOTES/
91282CCW9
4,000,000
and
-
and
-
AA1
and
-
and
-

0.750%
and
Fixed
08/31/26 M
and
-
and
-

97.58 and

91.08 and

91.08 3,903,160
and
260,153
and

3.52%

97.32 and

3.76% M
and

3.76%

0.9 and

0.0 and

5.6%
and

5.4%

US TREASURY/ NOTES/
91282CEF4
4,000,000
and
-
and
-
AA1
and
-
and
-

2.500%
and
Fixed
03/31/27 M
and
-
and
-

98.41 and

96.45 and

96.45 3,936,560
and
78,428
and

3.45%

98.31 and

3.67% M
and

3.67%

1.5 and

0.0 and

0.1 and

5.6%
and

5.5%

US TREASURY/ NOTES/
91282CET4
2,245,000
and
-
and
-
AA1
and
-
and
-

2.625%
and
Fixed
05/31/27 M
and
-
and
-

98.45 and

95.32 and

95.32 2,210,180
and
70,202
and

4.21%

98.34 and

3.66% M
and

3.66%

1.6 and

0.0 and

0.1 and

3.2%
and

3.1%
1,894,000
and
-
and
AA1
and
-
and
08/31/27 M
and
-
and

99.14 and

98.60 and
1,877,787
and
10,326
and

99.07 and

3.63% M
and

0.0 and

2.7%
and

US TREASURY/ NOTES/
91282CFH9

3.125%
and
Fixed

1.8 and

0.0 and
CITY OF MALIBU | November 03, 2025 Page 6 of 21
Description
Qty/Face
and
Rem Prin
and
Factor
Moody's
and
S&P
and
Enhance
Coupon
and
Cpn Type
Redemption
and
Next Call
and
Call Price
Mkt Price
and
Adj Price
and
Orig Price
Mkt Value($)
and Gain Loss ($)
and
Purch Yld
Yld Price
and
YTWand
YTM
Duration
and
Convexity
Dur Cont
and
% Fxd Inc
and
% Port
- - - 98.60 3.47% 3.63% 2.6%

US TREASURY/ NOTES/
91282CBZ3
2,985,000
and
-
and
-
AA1
and
-
and
-

1.250%
and
Fixed
04/30/28 M
and
-
and
-

94.44 and

88.92 and

88.92 2,819,183
and
165,055
and

4.24%

94.21 and

3.62% M
and

3.62%

2.5 and

0.1 and

4.0%
and

3.9%

US TREASURY/ NOTES/
91282CDP3
5,075,000
and
-
and
-
AA1
and
-
and
-

1.375%
and
Fixed
12/31/28 M
and
-
and
-

93.39 and

88.22 and

88.22 4,739,746
and
262,382
and

4.06%

93.10 and

3.64% M
and

3.64%

3.1 and

0.1 and

0.2 and

6.8%
and

6.6%

US TREASURY/ NOTES/
91282CEM9
1,565,000
and
-
and
-
AA1
and
-
and
-

2.875%
and
Fixed
04/30/29 M
and
-
and
-

97.53 and

92.51 and

92.51 1,526,360
and
78,597
and

4.57%

97.35 and

3.67% M
and

3.67%

3.3 and

0.1 and

2.2%
and

2.1%

US TREASURY/ NOTES/
91282CFC0
5,025,000
and
-
and
-
AA1
and
-
and
-

2.625%
and
Fixed
07/31/29 M
and
-
and
-

96.43 and

94.86 and

94.86 4,845,758
and
79,264
and

3.92%

96.24 and

3.68% M
and

3.68%

3.6 and

0.2 and

6.9%
and

6.7%

US TREASURY/ NOTES/
91282CLN9
4,910,000
and
-
and
-
AA1
and
-
and
-

3.500%
and
Fixed
09/30/29 M
and
-
and
-

99.42 and
100.30
and
100.30
4,881,768
and
-42,757
and

3.42%

99.29 and

3.69% M
and

3.69%

3.7 and

0.2 and

0.3 and

7.0%
and

6.8%

US TREASURY/ NOTES/
91282CFT3
3,000,000
and
-
and
-
AA1
and
-
and
-

4.000%
and
Fixed
10/31/29 M
and
-
and
-
101.24
and

99.61 and

99.61 3,037,260
and
48,855
and

4.09%
101.12
and

3.70% M
and

3.70%

3.7 and

0.2 and

4.3%
and

4.2%

US TREASURY/ NOTES/
91282CGJ4
4,965,000
and
-
and
-
AA1
and
-
and
-

3.500%
and
Fixed
01/31/30 M
and
-
and
-

99.31 and

96.82 and

96.82 4,930,642
and
123,507
and

4.22%

99.15 and

3.71% M
and

3.71%

4.0 and

0.2 and

0.3 and

7.0%
and

6.8%

US TREASURY/ NOTES/
912828Z94
5,350,000
and
-
and
-
AA1
and
-
and
-

1.500%
and
Fixed
02/15/30 M
and
-
and
-

91.50 and

89.17 and

89.17 4,895,036
and
124,267
and

3.95%

91.19 and

3.70% M
and

3.70%

4.2 and

0.2 and

0.3 and

7.0%
and

6.8%

US TREASURY/ NOTES/
91282CHW4
4,864,000
and
-
and
-
AA1
and
-
and
-

4.125%
and
Fixed
08/31/30 M
and
-
and
-
101.79
and
102.72
and
102.78
4,951,163
and
-45,070
and

3.51%
101.68
and

3.75% M
and

3.75%

4.4 and

0.2 and

0.3 and

7.1%
and

6.9%
N/A
and
N/A
and
N/A
and
N/A
and
N/A
and
N/A
and
N/A
and
N/A
and
9,663,451
and
11,391
and
N/A
and

3.73%
and

0.1 and

13.8%
and
Treasury Strip
security type total (category applies to all holdings below) -
and
N/A

0.5 and
-
CITY OF MALIBU | November 03, 2025 Page 7 of 21
Description
Qty/Face
and
Rem Prin
and
Factor
Moody's
and
S&P
and
Enhance
Coupon
and
Cpn Type
Redemption
and
Next Call
and
Call Price
Mkt Price
and
Adj Price
and
Orig Price
Mkt Value($)
and Gain Loss ($)
and
Purch Yld
Yld Price
and
YTWand
YTM
Duration
and
Convexity
Dur Cont
and
% Fxd Inc
and
% Port
N/A N/A N/A N/A 4.02% 3.73% 13.4%

US TREAS STRIPS
02/26/ INTEREST PMT/
912833LY4
5,275,000
and
-
and
-
NR
and
NR
and
-

0.000%
and
-
02/15/26 M
and
-
and
-

98.94 and

98.86 and

94.78 5,219,032
and
4,366
and

4.01%

98.63 and

3.72% M
and

3.72%

0.4 and

0.0 and

7.4%
and

7.2%

US TREAS STRIPS
02/26/ INTEREST PMT/
912833LY4
276,000
and
-
and
-
NR
and
NR
and
-

0.000%
and
-
02/15/26 M
and
-
and
-

98.94 and

98.80 and

91.79 273,072
and
377
and

4.21%

98.63 and

3.72% M
and

3.72%

0.4 and

0.0 and

0.4%
and

0.4%

UNITED STATES TREAS

SEC/ INT PMT BD/
912833LZ1
4,255,000
and
-
and
-
NR
and
NR
and
-

0.000%
and
-
05/15/26 M
and
-
and
-

98.03 and

97.88 and

93.99 4,171,347
and
6,647
and

4.01%

97.72 and

3.74% M
and

3.74%

0.6 and

0.0 and

5.9%
and

5.8%
Certificates of Deposit
security type total (category applies to all holdings below) N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A

4.062%
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
5,938,139
and
38,139
and

4.06%
N/A
and

3.84%
and

3.84%

1.6 and
-

0.1 and

8.5%
and

8.2%

STATE BANK OF INDIA

CD/ NEW YORK NY
ACT/365/ 856285V81
250,000
and
-
and
-
-
and
-
and
FDIC

4.950%
and
Fixed
12/02/25 M
and
-
and
-
100.04
and
100.00
and
100.00
250,110
and
110
and

4.95%
100.09
and

4.34% M
and

4.34%

0.2 and

0.0 and

0.4%
and

0.3%

SALLIE MAE

BANK/SALT CD/ SALT
LAKE CTY UT ACT/365/
795451DG5
250,000
and
-
and
-
-
and
-
and
FDIC

4.750%
and
Fixed
12/15/25 M
and
-
and
-
100.10
and
100.00
and
100.00
250,240
and
240
and

4.75%
100.12
and

4.09% M
and

4.09%

0.2 and

0.0 and

0.4%
and

0.3%

BANK OF AMERICA NA

CD/ CHARLOTTE NC
ACT/365/ 06051XFE7
250,000
and
-
and
-
-
and
-
and
FDIC

4.950%
and
Fixed
01/05/26 M
and
-
and
-
100.18
and
100.00
and
100.00
250,450
and
450
and

4.95%
100.22
and

4.05% M
and

4.05%

0.3 and

0.0 and

0.4%
and

0.3%

ISRAEL DISCOUNT BK

OF CD/ NEW YORK NY
ACT/365/ 465076UQ8
250,000
and
-
and
-
-
and
-
and
FDIC

4.450%
and
Fixed
02/09/26 M
and
-
and
-
100.16
and
100.00
and
100.00
250,398
and
398
and

4.45%
100.16
and

3.98% M
and

3.98%

0.4 and

0.0 and

0.4%
and

0.3%

DOLLAR BANK FSB PA

CD/ PITTSBURGH PA
ACT/365/ 25665QDE2
250,000
and
-
and
-
-
and
-
and
FDIC

4.000%
and
Fixed
02/27/26 M
and
-
and
-
100.05
and
100.00
and
100.00
250,130
and
130
and

4.00%
100.02
and

3.94% M
and

3.94%

0.4 and

0.0 and

0.4%
and

0.3%
COMENITY BANK CD/ 200,000
and
-
and

2.000%
and
03/18/26 M
and

99.13 and
198,266
and

98.62 and

0.5 and

0.0 and
CITY OF MALIBU | November 03, 2025 Page 8 of 21
Description
Qty/Face
and
Rem Prin
and
Factor
Moody's
and
S&P
and
Enhance
Coupon
and
Cpn Type
Redemption
and
Next Call
and
Call Price
Mkt Price
and
Adj Price
and
Orig Price
Mkt Value($)
and Gain Loss ($)
and
Purch Yld
Yld Price
and
YTWand
YTM
Duration
and
Convexity
Dur Cont
and
% Fxd Inc
and
% Port

WILMINGTON DE
ACT/365/ 99000QQW7
-
and
-
-
and
FDIC
N/A -
and
-
100.00
and
100.00
-1,734
and

2.00%

4.58% M
and

4.58%

0.0 and

0.3%
and

0.3%

SYNCHRONY BANK

CD/ DRAPER UT
ACT/365/ 87165HX21
250,000
and
-
and
-
-
and
-
and
FDIC

5.000%
and
Fixed
03/24/26 M
and
-
and
-
100.46
and
100.00
and
100.00
251,148
and
1,148
and

5.00%
100.51
and

3.90% M
and

3.90%

0.5 and

0.0 and

0.4%
and

0.3%

BARCLAYS

BANK/DELAWAR CD/

WILMINGTON DE
ACT/365/ 06740KSW8
250,000
and
-
and
-
-
and
-
and
FDIC

4.000%
and
Fixed
08/28/26 M
and
-
and
-
100.21
and
100.00
and
100.00
250,520
and
520
and

4.00%
100.13
and

3.84% M
and

3.84%

0.9 and

0.0 and

0.4%
and

0.3%

TEXAS EXCHANGE BK

SSB CD/ CROWLEY TX
ACT/365/ 88241TMC1
250,000
and
-
and
-
-
and
-
and
FDIC

1.100%
and
Fixed
10/29/26 M
and
11/29/25 P
and
100.00

97.50 and
100.00
and
100.00
243,755
and
-6,245
and

1.10%

97.18 and

3.78% M
and

3.78%

1.1 and

0.0 and

0.3%
and

0.3%

DISCOVER BANK CD/

GREENWOOD DE
ACT/365/ 254673Z66
200,000
and
-
and
-
-
and
-
and
FDIC

4.950%
and
Fixed
11/16/26 M
and
-
and
-
101.32
and
100.00
and
100.00
202,630
and
2,630
and

4.95%
101.29
and

3.76% M
and

3.76%

1.1 and

0.0 and

0.3%
and

0.3%

UBS BANK USA CD/

SALT LAKE CTY UT
ACT/365/ 90348JX96
250,000
and
-
and
-
-
and
-
and
FDIC

1.150%
and
Fixed
12/08/26 M
and
-
and
-

97.29 and
100.00
and
100.00
243,223
and
-6,778
and

1.15%

96.98 and

3.76% M
and

3.76%

1.2 and

0.0 and

0.3%
and

0.3%

CALPRIVATE BANK CD/
LA JOLLA CA ACT/365/
13135NCY4
250,000
and
-
and
-
-
and
-
and
FDIC

4.050%
and
Fixed
02/16/27 M
and
-
and
-
100.49
and
100.00
and
100.00
251,218
and
1,218
and

4.05%
100.42
and

3.73% M
and

3.73%

1.3 and

0.0 and

0.4%
and

0.3%

VALLEY NATL BK

WAYNE CD/ WAYNE NJ
ACT/365/ 919853KW0
250,000
and
-
and
-
-
and
-
and
FDIC

4.600%
and
Fixed
03/11/27 M
and
-
and
-
101.22
and
100.00
and
100.00
253,060
and
3,060
and

4.60%
101.21
and

3.72% M
and

3.72%

1.4 and

0.0 and

0.4%
and

0.4%

BRADESCO BANK CD/

CORAL GABLES FL
ACT/365/ 10421AAT4
250,000
and
-
and
-
-
and
-
and
FDIC

4.500%
and
Fixed
03/22/27 M
and
-
and
-
101.13
and
100.00
and
100.00
252,820
and
2,820
and

4.50%
101.11
and

3.71% M
and

3.71%

1.4 and

0.0 and

0.4%
and

0.4%

BNY MELLON NA CD/

NEW YORK NY
ACT/365/ 05584CP59
250,000
and
-
and
-
-
and
-
and
FDIC

4.600%
and
Fixed
06/01/27 M
and
-
and
-
101.39
and
100.00
and
100.00
253,473
and
3,473
and

4.60%
101.42
and

3.71% M
and

3.71%

1.6 and

0.0 and

0.4%
and

0.4%
CITY OF MALIBU | November 03, 2025 Page 9 of 21
Description
Qty/Face
and
Rem Prin
and
Factor
Moody's
and
S&P
and
Enhance
Coupon
and
Cpn Type
Redemption
and
Next Call
and
Call Price
Mkt Price
and
Adj Price
and
Orig Price
Mkt Value($)
and Gain Loss ($)
and
Purch Yld
Yld Price
and
YTWand
YTM
Duration
and
Convexity
Dur Cont
and
% Fxd Inc
and
% Port

EAGLEMARK SVGS BK

CD/ CARSON CTY NV
ACT/365/ 27004PFE8
250,000
and
-
and
-
-
and
-
and
FDIC

4.700%
and
Fixed
07/02/27 M
and
-
and
-
101.62
and
100.00
and
100.00
254,048
and
4,048
and

4.70%
101.68
and

3.70% M
and

3.70%

1.7 and

0.0 and

0.4%
and

0.4%

CELTIC BANK CD/ SALT
LAKE CTY UT ACT/365/
15118RTH0
250,000
and
-
and
-
-
and
-
and
FDIC

2.000%
and
Fixed
12/27/27 M
and
-
and
-

96.52 and
100.00
and
100.00
241,290
and
-8,710
and

2.00%

96.45 and

3.65% M
and

3.65%

2.2 and

0.1 and

0.0 and

0.3%
and

0.3%

AMERANT BANK NA

CD/ CORAL GABLES FL
ACT/365/ 02357QCL9
250,000
and
-
and
-
-
and
-
and
FDIC

4.050%
and
Fixed
03/28/28 M
and
-
and
-
100.82
and
100.00
and
100.00
252,050
and
2,050
and

4.05%
100.94
and

3.65% M
and

3.65%

2.4 and

0.1 and

0.0 and

0.4%
and

0.3%

UNIVEST BANK & TR

CO CD/ SOUDERTON
PA ACT/365/
91527PCP0
250,000
and
-
and
-
-
and
-
and
FDIC

4.300%
and
Fixed
02/28/29 M
and
-
and
-
101.81
and
100.00
and
100.00
254,528
and
4,528
and

4.30%
101.95
and

3.69% M
and

3.69%

3.2 and

0.1 and

0.0 and

0.4%
and

0.4%

BEAL BANK - PLANO

TX CD/ PLANO TX
ACT/365/ 07371BVU2
250,000
and
-
and
-
-
and
-
and
FDIC

4.700%
and
Fixed
05/30/29 M
and
-
and
-
103.21
and
100.00
and
100.00
258,015
and
8,015
and

4.70%
103.32
and

3.72% M
and

3.72%

3.3 and

0.1 and

0.0 and

0.4%
and

0.4%

BEAL BANK USA CD/

LAS VEGAS NV
ACT/365/ 07371DR66
250,000
and
-
and
-
-
and
-
and
FDIC

4.700%
and
Fixed
05/30/29 M
and
-
and
-
103.21
and
100.00
and
100.00
258,015
and
8,015
and

4.70%
103.32
and

3.72% M
and

3.72%

3.3 and

0.1 and

0.0 and

0.4%
and

0.4%

MORGAN STANLEY

PVT BK CD/ PURCHASE
NY ACT/365/
61768E4J9
250,000
and
-
and
-
-
and
-
and
FDIC

4.650%
and
Fixed
05/30/29 M
and
-
and
-
103.01
and
100.00
and
100.00
257,518
and
7,518
and

4.65%
103.12
and

3.73% M
and

3.73%

3.3 and

0.1 and

0.0 and

0.4%
and

0.4%

TOYOTA FINL SGS BK

CD/ HENDERSON NV
ACT/365/ 89235MPR6
250,000
and
-
and
-
-
and
-
and
FDIC

4.500%
and
Fixed
06/28/29 M
and
-
and
-
102.56
and
100.00
and
100.00
256,398
and
6,398
and

4.50%
102.65
and

3.73% M
and

3.73%

3.4 and

0.1 and

0.0 and

0.4%
and

0.4%

MORGAN STANLEY BK

NA CD/ SALT LAKE CTY
UT ACT/365/
61690DS33
250,000
and
-
and
-
-
and
-
and
FDIC

4.250%
and
Fixed
02/26/30 M
and
-
and
-
101.94
and
100.00
and
100.00
254,840
and
4,840
and

4.25%
101.97
and

3.76% M
and

3.76%

4.0 and

0.2 and

0.0 and

0.4%
and

0.4%
Fixed income statistics N/A
and
N/A
and

2.373%
and
N/A
and
N/A
and
70,130,393
and
N/A
and

2.4 and

2.4 and
CITY OF MALIBU | November 03, 2025 Page 10 of 21
Description
Qty/Face
and
Rem Prin
and
Factor
Moody's
and
S&P
and
Enhance
Coupon
and
Cpn Type
Redemption
and
Next Call
and
Call Price
Mkt Price
and
Adj Price
and
Orig Price
Mkt Value($)
and Gain Loss ($)
and
Purch Yld
Yld Price
and
YTWand
YTM
Duration
and
Convexity
Dur Cont
and
% Fxd Inc
and
% Port
total N/A
and
N/A
N/A
and
N/A

N/A N/A
and
N/A
N/A
and
N/A
1,410,782
and

3.89%

3.72%
and

3.72%

0.1 100.0%
and

97.3%
Total portfolio value: $72,090,734
**Indicates that this holding is insured by a credit agency but the specific insurer is unknown.

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. Please see the Important Information section at the end of this report.

CDs are subject to insurance limits through FDIC.

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 most recent month-end market price which is used to calculate yields, duration, convexity, etc.

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).

For more information including fixed income analysis details, please see the Important Information section at the end of this report.

CITY OF MALIBU | November 03, 2025 Page 11 of 21
Redemption Distribution Rolling 12 Months
As of 10/31/2025 for XXXX7847 - CITY OF MALIBU
Redemption values are stated in thousands ($)
Description
Nov
2025
Dec
2025
Jan
2026
Feb
2026
Mar
2026
Apr
2026
May
2026
Jun
2026
Jul
2026
Aug
2026
Sep
2026
Oct
2026
Total
Principal
Government bond - - - 5,551 4,000 2,000 4,255 - - 4,000 - - 19,806 Corporate bond - 500 250 500 450 - - - - 250 - 250 2,200 Redemption
distribution
rolling 12 months
total
- 500 250 6,051 4,450 2,000 4,255 - - 4,250 - 250 22,006 Current market value of securities with undefined redemption value: $0 Total portfolio value: $72,090,734
CITY OF MALIBU | November 03, 2025 Page 12 of 21
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.

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

Mortgage Backed Securities display the total remaining principal on pass-through securities and collateralized mortgage obligations (CMOs), which are not represented in the table due to uncertain schedule of principal payments.

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. These securities will display N/A as the redemption value in the month of their scheduled redemption. For more information, see the Important Information section at the end of this report.

CITY OF MALIBU | November 03, 2025 Page 13 of 21
Fixed Income Redemption Distribution: w/Holding(s)
As of 10/31/2025 for XXXX7847 - CITY OF MALIBU
Coupon subtotals and totals are weighted averages based on redemption value Redemption is the date the security is scheduled to be redeemed. These references may display in the following data table within the column, Redemption date: 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.

Description
Redemption
date
Redemption
price ($) Redemption value ($) Coupon
Weighted average
coupon remaining
2025 yearly total (category applies to all holdings below)N/A N/A 500,000 4.850% 2.333% STATE BAN 4.95% 120225 (CUSIP: 856285V81) 12/02/25 M 100.00 250,000 4.950% 2.341% SALLIE MA 4.75% 121525 (CUSIP: 795451DG5) 12/15/25 M 100.00 250,000 4.750% 2.342% 2026 yearly total (category applies to all holdings below)N/A N/A 21,956,000 1.232% 2.845% BANK OF A 4.95% 010526 (CUSIP: 06051XFE7) 01/05/26 M 100.00 250,000 4.950% 2.341% ISRAEL DI 4.45% 020926 (CUSIP: 465076UQ8) 02/09/26 M 100.00 250,000 4.450% 2.343% US STRIPS 02/26 INT (CUSIP: 912833LY4) 02/15/26 M 100.00 5,551,000 0.000% 2.548% DOLLAR BANK 4% 022726 (CUSIP: 25665QDE2) 02/27/26 M 100.00 250,000 4.000% 2.345% COMENITY BANK 2% 031826 (CUSIP: 99000QQW7) 03/18/26 M 100.00 200,000 2.000% 2.351% SYNCHRONY BA 5% 032426 (CUSIP: 87165HX21) 03/24/26 M 100.00 250,000 5.000% 2.341% UST NTS 2.25% 033126 (CUSIP: 9128286L9) 03/31/26 M 100.00 4,000,000 2.250% 2.356% CITY OF MALIBU | November 03, 2025 Page 14 of 21
Description
Redemption
date
Redemption
price ($) Redemption value ($) Coupon
Weighted average
coupon remaining
UST NTS 3.75% 041526 (CUSIP: 91282CGV7) 04/15/26 M 100.00 2,000,000 3.750% 2.310% UST STRIP 0%5/15/26 INT (CUSIP: 912833LZ1) 05/15/26 M 100.00 4,255,000 0.000% 2.499% BARCLAYS BAN 4% 082826 (CUSIP: 06740KSW8) 08/28/26 M 100.00 250,000 4.000% 2.345% UST NTS .75% 083126 (CUSIP: 91282CCW9) 08/31/26 M 100.00 4,000,000 0.750% 2.445% TEXAS EXC 1.10% 102926 (CUSIP: 88241TMC1) 10/29/26 M 100.00 250,000 1.100% 2.355% DISCOVER 4.95% 111626 (CUSIP: 254673Z66) 11/16/26 M 100.00 200,000 4.950% 2.343% UBS BANK 1.15% 120826 (CUSIP: 90348JX96) 12/08/26 M 100.00 250,000 1.150% 2.355% 2027 yearly total (category applies to all holdings below)N/A N/A 9,639,000 2.897% 2.265% CALPRIVAT 4.05% 021627 (CUSIP: 13135NCY4) 02/16/27 M 100.00 250,000 4.050% 2.344% VALLEY NAT 4.6% 031127 (CUSIP: 919853KW0) 03/11/27 M 100.00 250,000 4.600% 2.342% BRADESCO B 4.5% 032227 (CUSIP: 10421AAT4) 03/22/27 M 100.00 250,000 4.500% 2.343% UST NTS 2.5% 033127 (CUSIP: 91282CEF4) 03/31/27 M 100.00 4,000,000 2.500% 2.341% UST NTS 2.625% 053127 (CUSIP: 91282CET4) 05/31/27 M 100.00 2,245,000 2.625% 2.341% BNY MELLON 4.6% 060127 (CUSIP: 05584CP59) 06/01/27 M 100.00 250,000 4.600% 2.342% EAGLEMARK 4.7% 070227 (CUSIP: 27004PFE8) 07/02/27 M 100.00 250,000 4.700% 2.342% UST NTS 3.125% 083127 (CUSIP: 91282CFH9) 08/31/27 M 100.00 1,894,000 3.125% 2.329% CELTIC BANK 2% 122727 (CUSIP: 15118RTH0) 12/27/27 M 100.00 250,000 2.000% 2.352% 2028 yearly total (category applies to all holdings below)N/A N/A 8,310,000 1.411% 2.474% AMERANT B 4.05% 032828 (CUSIP: 02357QCL9) 03/28/28 M 100.00 250,000 4.050% 2.344% UST NTS 1.25% 043028 (CUSIP: 91282CBZ3) 04/30/28 M 100.00 2,985,000 1.250% 2.398% UST NTS 1.375% 123128 (CUSIP: 91282CDP3) 12/31/28 M 100.00 5,075,000 1.375% 2.425% 2029 yearly total (category applies to all holdings below)N/A N/A 15,750,000 3.339% 2.071% UNIVEST BA 4.3% 022829 (CUSIP: 91527PCP0) 02/28/29 M 100.00 250,000 4.300% 2.343% UST NTS 2.875% 043029 (CUSIP: 91282CEM9) 04/30/29 M 100.00 1,565,000 2.875% 2.339% BEAL BANK 4.7% 053029 (CUSIP: 07371DR66) 05/30/29 M 100.00 250,000 4.700% 2.342% BEAL BANK 4.7% 053029 (CUSIP: 07371BVU2) 05/30/29 M 100.00 250,000 4.700% 2.342% MORGAN ST 4.65% 053029 (CUSIP: 61768E4J9) 05/30/29 M 100.00 250,000 4.650% 2.342% TOYOTA FIN 4.5% 062829 (CUSIP: 89235MPR6) 06/28/29 M 100.00 250,000 4.500% 2.343% UST NTS 2.625% 073129 (CUSIP: 91282CFC0) 07/31/29 M 100.00 5,025,000 2.625% 2.330% UST NTS 3.5% 093029 (CUSIP: 91282CLN9) 09/30/29 M 100.00 4,910,000 3.500% 2.266% UST NTS 4% 103129 (CUSIP: 91282CFT3) 10/31/29 M 100.00 3,000,000 4.000% 2.278% 2030 yearly total (category applies to all holdings below)N/A N/A 15,429,000 3.016% 2.167% UST NTS 3.5% 013130 (CUSIP: 91282CGJ4) 01/31/30 M 100.00 4,965,000 3.500% 2.265% CITY OF MALIBU | November 03, 2025 Page 15 of 21
Description
Redemption
date
Redemption
price ($) Redemption value ($) Coupon
Weighted average
coupon remaining
UST NTS 1.5% 021530 (CUSIP: 912828Z94) 02/15/30 M 100.00 5,350,000 1.500% 2.419% MORGAN ST 4.25% 022630 (CUSIP: 61690DS33) 02/26/30 M 100.00 250,000 4.250% 2.344% UST NTS 4.125% 083130 (CUSIP: 91282CHW4) 08/31/30 M 100.00 4,864,000 4.125% 2.221% 2031 yearly total (category applies to all holdings below)N/A N/A - - - 2032 yearly total (category applies to all holdings below)N/A N/A - - - 2033 yearly total (category applies to all holdings below)N/A N/A - - - 2034 yearly total (category applies to all holdings below)N/A N/A - - - 2035 yearly total (category applies to all holdings below)N/A N/A - - - 2036 yearly total (category applies to all holdings below)N/A N/A - - - 2037 yearly total (category applies to all holdings below)N/A N/A - - - 2038 yearly total (category applies to all holdings below)N/A N/A - - - 2039 yearly total (category applies to all holdings below)N/A N/A - - - 2040 yearly total (category applies to all holdings below)N/A N/A - - - 2041 yearly total (category applies to all holdings below)N/A N/A - - - 2042 yearly total (category applies to all holdings below)N/A N/A - - - 2043 yearly total (category applies to all holdings below)N/A N/A - - - 2044 yearly total (category applies to all holdings below)N/A N/A - - - 2045 or later
period total (category applies to all the years below)
N/A N/A 0 N/A N/A
2045 yearly total (category applies to all holdings below)N/A N/A - - - Perpetual
period total (category applies to all holdings below)

N/A N/A - - -
Fixed income redemption distribution total N/A N/A 71,584,000 2.350% 0.000% Redemption value (remaining principal) of mortgage backed securities: $0 Market value of securities with undefined redemption 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.

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.

CITY OF MALIBU | November 03, 2025 Page 16 of 21
Estimated Income Summary
As of 10/31/2025 for XXXX7847 - CITY OF MALIBU
Description
Nov
2025
Dec
2025
Jan
2026
Feb
2026
Mar
2026
Apr
2026
May
2026
Jun
2026
Jul
2026
Aug
2026
Sep
2026
Oct
2026
Annualized
Estimated
income ($)
Tax exempt accounts total 48,238 66,558 167,158 208,111 205,381 140,469 47,600 54,034 160,424 197,144 154,313 102,910 1,552,338 Taxable
income type total(category applies to security types below) 18,772 31,667 14,317 23,072 24,456 1,815 18,134 19,143 7,584 12,105 18,388 1,757 191,210 Corporate bond 18,772 31,667 14,317 23,072 24,456 1,815 18,134 19,143 7,584 12,105 18,388 1,757 191,210 Federal
income type total(category applies to security types below) 29,466 34,891 152,841 185,039 180,925 138,653 29,466 34,891 152,841 185,039 135,925 101,153 1,361,128 Government bond 29,466 34,891 152,841 185,039 180,925 138,653 29,466 34,891 152,841 185,039 135,925 101,153 1,361,128 Unassigned total N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Not available
income type total(category applies to security types below)

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Cash alternative N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Estimated income total 48,238 66,558 167,158 208,111 205,381 140,469 47,600 54,034 160,424 197,144 154,313 102,910 1,552,338 Total Portfolio Value: $72,090,734
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 CITY OF MALIBU | November 03, 2025 Page 17 of 21
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 only the income generated by an investment. It does not reflect changes in price, which may fluctuate.

CITY OF MALIBU | November 03, 2025 Page 18 of 21
Important Information
Accounts Included:

These references may display in the following internal or external account lists, as applicable, at the end of the account number: Use of the "P" footnote will indicate it is included in the performance information within the report, Use of the "E" footnote will indicate it is included in your eMoney plan summary, use of the "A" footnote will indicate an account aggregated within the report.

Internal Accounts
XXXX7847 P CITY OF MALIBU
P Indicates an account included in the performance information within the report.

This Account listing represents a portfolio of assets and/or liabilities owned by you based on our records of transactions processed through us or supplemental information supplied by you. The information contained in this report may not reflect all holdings or transactions, their costs, or proceeds in your household. We rely on you to review the accuracy and completeness of your externally held account information, and to notify your advisor if any updates are needed. Any assets and liabilities you currently hold away from our Firm may not be covered by SIPC.

Transactions requiring tax consideration should be reviewed carefully with your accountant or tax advisor. Unless otherwise indicated, market prices are only indications of market values, are subject to change, and may not reflect the value at which securities could be sold.

This report is not the official record of your account. However, it has been prepared to assist you with your investment planning and is for informational purposes only. Your account statements and/or trade confirms are considered the official and accurate records of your account activity. Therefore, if there are any discrepancies between this report and your statements and/or trade confirms, you should rely on your statements and/or trade confirms.

For a complete list of accounts used in this report or if you have more questions related to this report, please contact your advisor.

Certain assets are excluded from performance calculations. Selected annuities, certain types of direct investments, mutual funds held outside the firm, precious metals, coins, bullion, or any assets subject to taxwithholdings (TEFRA) are among the assets not included in values or performance calculations.

For performance market values, we include account accruals in the calculations. Accruals are accumulated interest or income that your individually held assets have earned over time but have not been recorded or paid out yet. Because you are legally entitled to receive this interest and income as the holder of the assets, we factor these accruals as part of the assets' appreciation value. For non-performance market values, we do not include accruals as part of the calculation.

Where your account holds alternative investments, the alternative investment valuations used to calculate the investment performance presented in this report are based on valuation reporting we receive from fund sponsors. In certain instances, the most recent valuations provided by fund sponsors may be delayed by as much as six months or more and may not reflect distributions made over the prior six-plus months. As a result, the performance returns shown may be based on stale valuations and may be higher or lower than performance returns based on current valuations.

As such, if you own alternative investments, the account level and alternatives performance presented in this report may not reflect the current value of your holdings. Please refer to the statement provided by the applicable alternative fund sponsor for the most up-to-date valuation of holdings.

A portion of the financial data used to generate this report may be provided to Wells Fargo Advisors by third-party vendors. While this third-party information is believed to be reliable, it has not been verified.

Asset Classification
Asset Classes for mutual funds, variable annuities and exchange-traded funds are derived from Morningstar Categories. Underlying holdings classification provided by Morningstar. ©2025 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.

Asset classification of holdings in external accounts where classification is CITY OF MALIBU | November 03, 2025 Page 19 of 21
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.

Account Return Methodology
Account returns are annualized for time periods greater than one year. Past performance is no guarantee of future results.

Net Time Weighted rates of return are independent of the timing and magnitude of your cash flow decisions and are calculated after the deduction of program fees. Each return period is given an equal weighting, regardless of the portfolio value. Gross Time Weighted rates of return are independent of the timing and magnitude of your cash flow decisions and are calculated before the deduction of all fees. Each return period is given an equal weighing, regardless of the portfolio value.

Money Weighted rates of return reflect your decisions to deposit assets to or withdraw assets from your accounts and are calculated after the deduction of all fees. They give more weight to returns in periods with higher portfolio values and, as a result, should not be used to measure performance of an investment manager.

Fixed Income Securities (Bonds)
Investments in fixed-income securities are subject to market, interest rate, credit/default, inflation and other risks. Bond prices fluctuate inversely to changes in interest rates. Therefore, a general rise in interest rates can result in the decline in the bond's price. Lower rated securities are speculative and involve greater risk of default.

YTW: 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. 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.

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

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

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

Weighted avg maturity: Weighted average maturity is a measure of the overall maturity of the fixed income securities in a portfolio. The higher the weighted average maturity the longer it takes for all these securities in the portfolio to mature.

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).

Credit Quality Ratings: Bond rating firms, such as Moody’s and Standard & Poor's, use different designations consisting of upper- and lower-case letters 'A' and 'B' to identify a bond's credit quality rating. 'AAA' and 'AA' (high credit quality) and 'A' and 'BBB' (medium credit quality) are considered investment grade. Credit ratings for bonds below these designations ('BB', 'B', 'CCC', etc.) are considered low credit quality, and are commonly referred to as junk bonds.

Fixed Income Analysis
CITY OF MALIBU | November 03, 2025 Page 20 of 21
All yields, durations and convexities are calculated at the 'Yield Price' listed on the report. The calculations are updated approximately once per month.

Should there be significant changes in interest rates we will update the calculations more frequently.

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 may 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
Assured Gty. - Assured Guaranty Corp.

BHAC - Berkshire Hathaway Assurance
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
BAM - Build America Mutual Assurance Corp.

Q-SBLF - Qualified School Bond Loan Fund
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
CITY OF MALIBU | November 03, 2025 Page 21 of 21

Page 1 of 2 ends

Agenda Item # 1.B.5.

Council Agenda Report
To: Mayor Riggins and the Honorable Members of the City Council Prepared by: Travis Hart, Deputy Public Works Director
Reviewed by: Robert DuBoux, Public Works Director/City Engineer Approved by: Candace Bond, Interim City Manager
Date prepared: October 24, 2025 Meeting date: November 10, 2025 Subject: Acceptance of Clover Heights Avenue Storm Drain Improvements Project
RECOMMENDED ACTION: 1) Accept the work performed by J. Vega Engineering, Inc. for the Clover Heights Storm Drain Improvements Project, Specification No. 2101 as complete; and 2) Authorize the Public Works Director to submit for recordation a Notice of Completion.

FISCAL IMPACT: There is no fiscal impact with accepting the work complete. Funding for this agreement is included in the Adopted Budget for FY 2025-26 in Account No. 102- 9204-5100 (Clover Heights Storm Drain Improvements). This project was funded by a Hazardous Mitigation Grant as a result of the Woolsey fire.

STRATEGIC PRIORITY: This item is part of the day-to-day operations identified in the Adopted FY 2024-25 Strategic Priority Project List.

DISCUSSION: During the post-Woolsey Fire rainstorms from December 2018 through March 2019, mud and debris flows overwhelmed and damaged the City’s existing drainage system along Clover Heights Avenue at Harvester Road. The storm events bypassed the existing drainage facilities and continued to flow down Clover Heights Avenue, depositing several feet of mud and debris at the end of the street. These events highlighted the need for a comprehensive drainage improvement to protect nearby residential properties, Malibu High School, and critical infrastructure.

The City successfully secured funding through the Federal Emergency Management Agency (FEMA) Hazard Mitigation Grant Program (HMGP) to design and construct City Council Meeting
11-24-25
Item

1.B.5.

Page 2 of 2 ends

Agenda Item # 1.B.5.
permanent drainage improvements that would reduce future flood, mud, and debris flow impacts in this area.

Construction of the project included the installation of approximately 1,100 linear feet of 48-inch reinforced concrete pipe (RCP), multiple catch basins and drop inlets, and a new final asphalt overlay to restore roadway conditions. The new drainage system significantly enhances the City’s ability to manage stormwater and mitigate debris flow impacts from future storm events. These improvements will enhance local drainage capacity and reduce flooding potential. The project also restored the roadway surface to current City standards.

The work is now complete. Staff recommends the City Council to accept the work performed by J. Vega Engineering, Inc. and authorize the Public Works Director to submit for recordation a Notice of Completion for the project.

STAFF FOLLOW-UP: Upon acceptance by the City Council of the work associated with this contract, staff will record the Notice of Completion with the Los Angeles County Registrar/Recorder's Office which will allow the City to then release the retention monies following a required by the contract 35-day holding period.

ATTACHMENTS: None

Page 1 of 3 ends

Agenda Item # 1.B.6.

Council Agenda Report
To: Mayor Riggins and the Honorable Members of the City Council Prepared by: Kelsey Pettijohn, City Clerk
Approved by: Candace Bond, Interim City Manager
Date prepared: November 11, 2025 Meeting date: November 24, 2025 Subject: Resolution Extending the Declaration of the Existence of a Local Emergency Regarding Conditions on Pacific Coast Highway (PCH) RECOMMENDED ACTION: Adopt Resolution No. 25-54 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 2024-25 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 Council last reviewed and extended this declaration September 29, 2025.

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, reckless driving, unsafe U-turns, and City Council Meeting
11-24-25
Item

1.B.6.

Page 2 of 3 ends

Agenda Item # 1.B.6.
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 the 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 reached that the risk is just too great. The status quo is no longer acceptable, and action must be taken to mitigate this local emergency.

Safety on PCH is a problem that the City cannot address and fix alone. It will need to work with Caltrans to make changes to PCH itself. 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.

Furthermore, 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. Given its enforcement jurisdiction over PCH, the City can also work through the LASD to address vehicle code violations and related enforcement action. To effectively effect change, the City must

Page 3 of 3 ends

Agenda Item # 1.B.6.
coordinate 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 recommend adopting Resolution No. 25-47 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.

ATTACHMENTS: Resolution No. 25-54
RESOLUTION NO. 25-54

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 Resolution No. 25-54

Page 2 of 3 ends

_____________________
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. Serious and dangerous collisions continue to occur too regularly, with four additional fatalities since November 2023.

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 2.56.070(C), 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.

Resolution No. 25-54

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_____________________
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.

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 24th day of November 2025. _____________________________
MARIANNE RIGGINS, Mayor
ATTEST:
__________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
APPROVED AS TO FORM:
__________________________________
TREVOR RUSIN, Interim City Attorney

Page 1 of 2 ends

Agenda Item # 1.B.7.

Council Agenda Report
To: Mayor Riggins and the Honorable Members of the City Council Prepared by: Kelsey Pettijohn, City Clerk
Approved by: Candace Bond, Interim City Manager
Date prepared: November 12, 2025 Meeting date: November 24, 2025 Subject: Resolution Extending the Declaration of the Existence of a Local Emergency and Continuing a Program for Reducing the Risk of Fires Associated with Individuals Engaged in Unpermitted Camping RECOMMENDED ACTION: Adopt Resolution No. 25-55 extending the declaration of the existence of a local emergency and continuing a program for reducing the risk of fires associated with individuals engaged in unpermitted camping.

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 2024-25 Strategic Priority Project List.

DISCUSSION: 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. At the June 24, 2024, Regular City Council Meeting, the Council adopted Resolution 24-30, which established criteria for declaring the existence of a local emergency and initiating a program for reducing the risk of fires associated with individuals engaged in unpermitted camping in Very High Fire Hazard Severity Zones (VHFHSZ) and establishing criteria for when to terminate the local emergency. The criteria for declaring the existence of a local emergency was set at a Live Fuel Moisture (LFM) of 65% or less, as determined by the Los Angeles County Fire Department Forestry Division for Santa Monica Mountains Chamise.

On September 10, 2025, the Los Angeles County Fire Department Forestry Division posted an LFM of 63% for Santa Monica Mountains Chamise. On September 29, 2025, the City Council adopted Resolution No. 25-49 declaring the existence of a local emergency and initiating a program for reducing the risk of fires associated with individuals engaged in unpermitted camping.

City Council Meeting
11-24-25
Item

1.B.7.

Page 2 of 2 ends

Agenda Item # 1.B.7.

Staff has implemented the program for reducing the risk of fires associated with individuals engaged in unpermitted camping, which includes:
• Collaborating with the City of Malibu Outreach Team (MOT), Los Angeles County Sheriff’s Department (LASD), and LASD-Homeless Outreach Services Team (HOST) to identify encampments within the areas designated as VHFHSZ, provide outreach, and offer available resources;
• Collaborating with the MOT, LASD, and HOST to provide appropriate notification to those individuals living in hillside encampments of the potential threat to life and the prohibition in effect;
• Collaborating with the MOT, LASD, and HOST to ensure that the VHFHSZ remains free of encampments while also ensuring these efforts do not criminalize individuals living unhoused; and,
• Collaborating with LASD Arson Watch during Red Flag events to watch for signs of smoke columns and fire and communicate early alert and notification of potential wildfire incidents as well as unpermitted activity in canyons and VHFHSZ areas.

Resolution 24-30 also sets minimum criteria for terminating the local emergency, which includes:
• When the City has received a minimum of 2" of recorded rainfall as determined by Los Angeles County Department of Public Works Season Total (October 1- May 1) for the Big Rock Mesa site; and
• The Live Fuel Moisture is 80% or greater as determined by the Los Angeles County Fire Department Forestry Division for Santa Monica Mountains Chamise; and
• There has been no Fire Weather Watch or Red Flag Warning in the previous two weeks; and
• When there is no Fire Weather Watch or Red Flag Warning in the extended forecast as determined by the National Weather Service (NWS) California Fire Weather Forecast for either the Malibu Coast or Santa Monica Mountains NRA.

On October 22, 2025, the Los Angeles County Fire Department Forestry Division posted an LFM of 68% for Santa Monica Mountains Chamise.

Government Code Section 8630 requires the City Council to review the need for continuing a local emergency at least once every 60 days until the City Council terminates the local emergency. As the minimum criteria for termination the local emergency established in Resolution No. 24-30 have not been met, Staff recommends that the Council adopt the attached Resolution extending the local emergency for fire risk conditions.

ATTACHMENTS: Resolution No. 25-55
RESOLUTION NO. 25-55

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MALIBU

EXTENDING THE DECLARATION OF THE EXISTENCE OF A LOCAL

EMERGENCY AND CONTINUING A PROGRAM FOR REDUCING THE

RISK OF FIRES ASSOCIATED WITH INDIVIDUALS ENGAGED IN

UNPERMITTED CAMPING
The City Council of the City of Malibu does hereby find, order and resolve as follows:

SECTION 1. Recitals.

A. Wildfires are a frequent disaster in California, causing significant harm and loss to individuals, communities, and wildlife. Malibu is among the areas devastated by wildfire - losing hundreds of homes and acres of vegetation and suffering hundreds of millions of dollars in damages in the 2025 Palisades Fire.

B. A vegetation fire in Malibu at any time of the year poses a danger to life and property. A vegetation fire during a Red Flag event poses extreme peril to the safety of persons and property within Malibu. Historically, the most devastating wildfires in Malibu have occurred between September and January when the wildland and chaparral are at their driest, the Santa Ana winds are most prevalent, and the humidity is at its lowest.

C. CAL Fire has identified three zones based on increasing fire hazard severity:
medium, high, and very high. Considering various factors such as historical fire patterns, proximity to wildland and parkland, abundant chaparral, and severe drought, CAL FIRE has classified the entire area where the City of Malibu is situated as a Very High Fire Hazard Severity Zone (VHFHSZ).

D. Live fuel moisture (LFM) is a common indicator of fire risk and an LFM of 60% or lower is considered critical. Each year, local fire risk conditions have continually hit critical levels. And as climate change extends and exacerbates our local fire season, the risk of harm or loss of life for individuals increases.

E. Individuals engaged in unpermitted camping in the VHFHSZ are at significant risk of loss of life due to being trapped by wildfires since they are not likely to receive traditional emergency alerts sent through cell phones. In addition, individuals who are attempting to leave the mountainous region during a wildfire could be trapped by fires that start from the ember cast that precedes the fire front in a wind-driven fire. This situation also increases the risk that emergency responders may have to divert resources from fighting the fire to assist these individuals.

F. Individuals engaged in unpermitted camping in the VHFHSZ may be reliant on fires for everyday activities, including cooking food and keeping warm. These activities increase the risk of nearby brush catching fire and rapidly spreading.

G. Malibu has experienced numerous vegetation fires linked to individuals engaged in unpermitted camping in areas designated as VHFHSZ and in 2021, Malibu experienced more than twenty-three fires attributed to this cause.

Resolution No. 25-55

Page 2 of 3 ends

_____________________
H. On June 24, 2024, the City Council adopted Resolution 24-30 which established criteria for declaring the existence of a local emergency and initiating a program for reducing the risk of fires associated with individuals engaged in unpermitted camping in VHFHSZ and establishing criteria for when to terminate the local emergency.

I. The criteria for declaring the existence of a local emergency were set at an LFM of 65% or less as determined by the Los Angeles County Fire Department Forestry Division for Santa Monica Mountains Chamise.

J. On September 10, 2025, the Los Angeles County Fire Department Forestry Division posted an LFM of 63% for Santa Monica Mountains Chamise.

K. On September 29, 2025, the City Council adopted Resolution No. 25-49 declaring the existence of a local emergency and initiating a program for reducing the risk of fires associated with individuals engaged in unpermitted camping.

L. On October 22, 2025, the Los Angeles County Fire Department Forestry Division posted an LFM of 68% for Santa Monica Mountains Chamise.

SECTION 2. It is hereby proclaimed that:

1. The criteria for declaring the existence of a local emergency have been met. As such, the City Council finds that a declaration of local emergency is necessary and will remain in effect until the extreme danger of wildfire subsides.

2. To prevent the occurrences of fire and loss of life and property, unpermitted camping is prohibited in areas designated as a VHFHZ in Malibu.

3. City staff is directed to act in collaboration with the Malibu Outreach Team, Los Angeles County Sheriff’s Department (LASD), and the LASD Homeless Outreach Services Team (HOST) to implement a program for reducing the risk of fires associated with individuals who are engaged in unpermitted camping.

Page 3 of 3 ends

_____________________
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 to the passage and adoption of this resolution and enter it into the book of original resolutions.

PASSED, APPROVED, and ADOPTED this 29th day of September 2025. _____________________________
MARIANNE RIGGINS, Mayor
ATTEST:
__________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
APPROVED AS TO FORM:
__________________________________
TREVOR RUSIN, Interim City Attorney

Page 1 of 2 ends

Agenda Item # 1.B.8.

FISCAL IMPACT: There is no fiscal impact associated with the recommended action. The existence of the local emergency will potentially help qualify the City and its residents for reimbursement for certain disaster response expenditures.

STRATEGIC PRIORITY: This item supports the Public Safety and day-to-day operations identified in the Adopted FY 2024-25 Strategic Priority Project List. Responding to disasters is the City’s most immediate and top priority as part of the city's fundamental operations.

DISCUSSION: On January 7, 2025, the Palisades Fire started in or around Pacific Palisades and was driven into City limits by a historic Santa Ana Wind event causing hurricane-strength winds in neighboring areas and the City. The strong Santa Ana Winds have created difficulties mitigating the fire and impaired the ability of airborne fire-fighting.

The fire combined with high winds and power outages created conditions of extreme peril to the safety of persons and property
On January 8, 2025, the Acting Director of Emergency Services issued a Proclamation of Existence of a Local Emergency.

On January 14, 2025, the City Council adopted Resolution No. 25-01, confirming the existence of a local emergency and ratifying the Proclamation of Existence of a Local City Council Meeting
11-24-25
Item

1.B.8.
1

Page 2 of 2 ends

Agenda Item # 1.B.8.

Emergency. Since then, the City Council has extended the Proclamation of Existence of Local Emergency multiple times so that it remains in effect.

On May 23, 2025, Pacific Coast Highway was opened to the public, and the California National Guard demobilized, leaving fire-impacted neighborhoods vulnerable as an influx of visitors began entering the city. Areas affected by disasters frequently become targets of criminal activity, including the burglary of uninhabited homes and businesses due to damage and the theft of building materials during the reconstruction process.

The fire caused extensive damage to drainage systems in the Big Rock Mesa Landslide Maintenance District, which are still being repaired.

The fire caused major disruptions to Malibu’s commercial areas, with many businesses experiencing temporary closures, reduced access, severe revenue losses, and some being completely devastated. Because local businesses provide essential services, jobs, and economic stability, the City finds that supporting their recovery is critical. Providing targeted assistance, such as small business grant funding, coordination with state and federal resources, and other temporary relief measures is needed to help affected businesses reopen, rebuild, and recover Malibu’s local economy.

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. 25-58 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.

ATTACHMENTS: Resolution No. 25-58

2 RESOLUTION NO. 25-58

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MALIBU

EXTENDING THE DECLARATION OF THE EXISTENCE OF A LOCAL

EMERGENCY IN RESPONSE TO THE PALISADES FIRE
The City Council of the City of Malibu does hereby find, order and resolve as follows:

SECTION 1. Recitals.

A. On January 7, 2025, the Palisades Fire started in or around Pacific Palisades and was driven into City limits by a historic Santa Ana Wind event causing hurricane-strength winds in neighboring areas and the City. The strong Santa Ana Winds created difficulties mitigating the fire and impaired the ability of airborne fire-fighting. The fire combined with high winds and power outages created conditions of extreme peril to the safety of persons and property.

B. The Acting Director of Emergency Services of the City proclaimed the existence of a local emergency on January 8, 2025.

C. On January 14, 2025, the City Council adopted Resolution No. 25-01, confirming the existence of a local emergency and ratifying the Proclamation of Existence of a Local Emergency.

D. On March 10, 2025, the City Council adopted Resolution No. 25-09, extending the declaration of the existence of a local emergency in response to the Palisades Fire.

E. On April 28, 2025, the City Council adopted Resolution No. 25-16, extending the declaration of the existence of a local emergency in response to the Palisades Fire.

F. On June 23, 2025, the City Council adopted Resolution No. 25-34, extending the declaration of the existence of a local emergency in response to the Palisades Fire.

G. On August 11, 2025, the City Council adopted Resolution No. 25-43, extending the declaration of the existence of a local emergency in response to the Palisades Fire.

H. On September 29, 2025, the City Council adopted Resolution No. 25-48, extending the declaration of the existence of a local emergency in response to the Palisades Fire.

I. On May 23, 2025, Pacific Coast Highway was opened to the public, and the California National Guard demobilized, leaving fire-impacted neighborhoods vulnerable as an influx of visitors began entering the city. Areas affected by disasters frequently become targets of criminal activity, including the burglary of uninhabited homes and businesses due to damage and the theft of building materials during the reconstruction process.

J. The fire caused extensive damage to drainage systems in the Big Rock Mesa Landslide Maintenance District, which are still being repaired.

K. The fire caused major disruptions to Malibu’s commercial areas, with many businesses experiencing temporary closures, reduced access, severe revenue losses, and some 3 Resolution No. 25-58

Page 2 of 2 ends

_____________________
being completely devastated. Because local businesses provide essential services, jobs, and economic stability, the City finds that supporting their recovery is critical. Providing targeted assistance, such as small business grant funding, coordination with state and federal resources, and other temporary relief measures is needed to help affected businesses reopen, rebuild, and recover Malibu’s local economy.

SECTION 2. The City Council has reviewed the staff report and conditions justifying the state of local emergency in the City and finds that the declaration of a local emergency remains valid and necessary due to the on-going cleanup and rebuilding efforts coupled with the imminent threat of rain and mudslides. Such conditions result in extreme peril to the safety of persons and property located in the City.

SECTION 4. The City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions.

Page 1 of 2 ends

Agenda Item # 1.B.9.

DISCUSSION: On December 9, 2024, the Franklin Fire started in the Santa Monica Mountains on Malibu Canyon Road, south of Piuma Road. The fire combined with high winds and power outages to create conditions of extreme peril to the safety of persons and property. The Acting Director of Emergency Services (Assistant City Manager) proclaimed the existence of a local emergency on December 10, 2024.

On December 16, 2024, the City Council held a Special Meeting and adopted Resolution No. 24-64, confirming the existence of a local emergency and ratifying the Proclamation of Existence of a Local Emergency. Since then, the City Council has extended the Proclamation of Existence of Local Emergency multiple times so that it remains in effect.

Areas affected by disasters frequently become targets of criminal activity, including the burglary of uninhabited homes and businesses due to damage and the theft of building City Council Meeting
11-24-25
Item

1.B.9.
1

Page 2 of 2 ends

Agenda Item # 1.B.9.
materials during the reconstruction process. Malibu is a particular target for these activities since the Franklin Fire and the Palisades Fire.

The fire caused extensive damage to the electrical, irrigation, and wastewater systems along Civic Center Way, all of which will need to be replaced. Trees that were severely burned along Civic Center Way have been designated as dead and must be removed, as they are now considered a hazard.

The fire caused disruptions to Malibu’s commercial activity, including brief access restrictions and reduced customer traffic. The City finds that supporting those affected remains important to maintaining local economic stability. Providing general recovery assistance and flexible, temporary measures will help ensure that any businesses experiencing fire-related setbacks can resume normal operations.

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 recommend adopting Resolution No. 25-59 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.

ATTACHMENTS: Resolution No. 25-59

2 RESOLUTION NO. 25-59

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MALIBU

EXTENDING THE DECLARATION OF THE EXISTENCE OF A LOCAL

EMERGENCY IN RESPONSE TO THE FRANKLIN FIRE
The City Council of the City of Malibu does hereby find, order and resolve as follows:

SECTION 1. Recitals.

A. On December 9, 2024, the Franklin Fire started in the Santa Monica Mountains on Malibu Canyon Road, south of Piuma Road. The fire combined with high winds and power outages created conditions of extreme peril to the safety of persons and property.

B. The Acting Director of Emergency Services of the City proclaimed the existence of a local emergency on December 10, 2024.

C. On December 16, 2024, the City Council adopted Resolution No. 24-64, confirming the existence of a local emergency and ratifying the Proclamation of Existence of a Local Emergency.

D. On January 27, 2025, the City Council adopted Resolution No. 25-05, extending the declaration of the existence of a local emergency in response to the Franklin Fire.

E. On March 24, 2025, the City Council adopted Resolution No. 25-14, extending the declaration of the existence of a local emergency in response to the Franklin Fire.

F. On May 21, 2025, the City Council adopted Resolution No. 25-18, extending the declaration of the existence of a local emergency in response to the Franklin Fire.

G. On June 23, 2025, the City Council adopted Resolution No. 25-36, extending the declaration of the existence of a local emergency in response to the Franklin Fire.

H. On August 11, 2025, the City Council adopted Resolution No. 25-44, extending the declaration of the existence of a local emergency in response to the Franklin Fire.

I. On September 29, 2025, the City Council adopted Resolution No. 25-46, extending the declaration of the existence of a local emergency in response to the Franklin Fire.

J. Areas affected by disasters frequently become targets of criminal activity, including the burglary of uninhabited homes and businesses due to damage and the theft of building materials during the reconstruction process. Malibu is a particular target for these activities since the Franklin Fire and the Palisades Fire.
3 Resolution No. 25-59

Page 2 of 2 ends

_____________________
J. The fire caused disruptions to Malibu’s commercial activity, including brief access restrictions and reduced customer traffic. The City finds that supporting those affected remains important to maintaining local economic stability. Providing general recovery assistance and flexible, temporary measures will help ensure that any businesses experiencing fire-related setbacks can resume normal operations.

I. The fires caused extensive damage to the electrical, irrigation, and wastewater systems along Civic Center Way, all of which will need to be replaced. Trees that were severely burned along Civic Center Way have been designated as dead and must be removed, as they are now considered a hazard.

SECTION 4. The City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions.

Page 1 of 1 ends

Agenda Item # 5.A.

Council Agenda Report
To: Mayor Riggins and the Honorable Members of the City Council Prepared by: Fletcher Allen, Associate Planner
Reviewed by: Yolanda Bundy, Community Development Director Approved by: Candace Bond, Interim City Manager
Trevor Rusin, Interim City Attorney
Date prepared: November 5, 2025 Meeting date: November 24, 2025 Subject: Malibu Community Labor Exchange Project – A request to increase the property’s floor-area-ratio, from 0.193 to 0.195, for the significant public benefits provided by the project conditionally approved by Coastal Development Permit No. 23-053 and Conditional Use Permit No. 23- 005 for constructing a standalone office building for the continued operation of a day labor hiring site (Applicant: City of Malibu, Property Owner: Los Angeles County, Address: 23525 Civic Center Way) RECOMMENDED ACTION: Continue the item to the December 8, 2025 Regular City Council meeting.

City Council Meeting
11-24-25
Item

5.A.

Page 1 of 1 ends

Council Agenda Report
To: Mayor Riggins and Honorable Members of the City Council Prepared by: Adam Pisarkiewicz, AICP, Contract Planner
Reviewed by: Yolanda Bundy, Community Development Director Tyler Eaton, Assistant Community Development Director
Approved by: Candace Bond, Interim City Manager
Trevor Rusin, Interim City Attorney
Date prepared: November 20, 2025 Meeting date: November 24, 2025 Subject: Coastal Development Permit No. 25-009 – An application to install 19 new guardrails, 22 new or upgraded curb ramps, 6,956 linear feet of new sidewalks, three new retaining walls, two realigned intersections, 27 new light poles, 9.7 miles of new or upgraded bike lanes, a vehicle pull-out for law enforcement use, median reconstruction at various locations, and associated roadway improvements along Pacific Coast Highway within the Public Right-of-Way
RECOMMENDED ACTION: Either: 1) Adopt Resolution No. 25-57 (Exhibit 1) Determining the Project Is Exempt from the California Environmental Quality Act, Denying Appeal No. 25-007, and Approving Coastal Development Permit No. 25-009 for the Installation of 19 New Guardrails, 22 New or Upgraded Curb Ramps, 6,956 Linear Feet of New Sidewalks, Three New Retaining Walls, Two Realigned Intersections, 27 New Light Poles, 9.7 Miles of New or Upgraded Bike Lanes, a Vehicle Pull-Out for Law Enforcement Use, Median Reconstruction at Various Locations, and Associated Roadway Improvements Along Pacific Coast Highway Within the Public Right-of-Way Between the Ventura County Line and Serra Road (California Department of Transportation); or 2) direct staff to return with a resolution denying the project.

DISCUSSION: This item will be distributed under separate cover.

City Council Meeting
11-24-25
Item

5.B.

Page 1 of 12 ends

Agenda Item # 5.B.

Supplemental
Council Agenda Report
To: Mayor Riggins and the Honorable Members of the City Council Prepared by: Adam Pisarkiewicz, AICP, Contract Planner
Reviewed by: Yolanda Bundy, Community Development Director Tyler Eaton, Assistant Community Development Director
Approved by: Candace Bond, Interim City Manager
Date prepared: November 20, 2025 Meeting date: November 24, 2025 Subject: Appeal of Planning Commission Resolution No. 25-69 Regarding Coastal Development Permit No. 25-009 – An application to install 19 new guardrails, 22 new or upgraded curb ramps, 6,956 linear feet of new sidewalks, three new retaining walls, two realigned intersections, 27 new light poles, 9.7 miles of new or upgraded bike lanes, a vehicle pull-out for law enforcement use, median reconstruction at various locations, and associated roadway improvements along Pacific Coast Highway within the Public Right-of-Way (Citywide, along Pacific Coast Highway within the Public Right-of-Way from Serra Road to the Ventura County border, Owner: California Department of Transportation; Appellant: Malibu Township Council)
RECOMMENDED ACTION: Either: 1) Adopt Resolution No. 25-57 (Exhibit 1) Determining the Project Is Exempt from the California Environmental Quality Act, Denying Appeal No. 25-007, and Approving Coastal Development Permit No. 25-009 for the Installation of 19 New Guardrails, 22 New or Upgraded Curb Ramps, 6,956 Linear Feet of New Sidewalks, Three New Retaining Walls, Two Realigned Intersections, 27 New Light Poles, 9.7 Miles of New or Upgraded Bike Lanes, a Vehicle Pull-Out for Law Enforcement Use, Median Reconstruction at Various Locations, and Associated Roadway Improvements Along Pacific Coast Highway Within the Public Right-of-Way Between the Ventura County Line and Serra Road (California Department of Transportation); or 2) direct staff to return with a resolution denying the project.

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

City Council Meeting
11-24-25
Item

5.B.
1

Page 2 of 12 ends

Agenda Item # 5.B.

STRATEGIC PLAN IMPLEMENTATION: N/A.

DISCUSSION: The matter before the Council is an appeal challenging Planning Commission approval of CDP No. 25-009, an application to install 19 new guardrails, 22 new or upgraded curb ramps, 6,956 linear feet of new sidewalks, three new retaining walls, two realigned intersections, 27 new light poles, 15 miles of new or upgraded bike lanes, a vehicle pull-out for law enforcement use, median reconstruction at various locations, and associated roadway improvements along Pacific Coast Highway (PCH) within the Public Right-of-Way (PROW) between the Ventura County line and Serra Road. This agenda report provides a project overview, a summary of the surrounding land uses and project setting, description of the proposed project, staff’s analysis of the proposed project’s consistency with Malibu Local Coastal Program (LCP) and Malibu Municipal Code (MMC), and environmental review pursuant to CEQA. The analysis and findings contained herein demonstrate the proposed project is consistent with the LCP, MMC and CEQA.

Project Background and Overview
The project proposes to install 19 new guardrails, 22 new or upgraded curb ramps, 6,956 linear feet of new sidewalks, three new retaining walls, two realigned intersections, 27 new light poles, a new California Highway Patrol pull-out, approximately 15 miles of new or upgraded bike lanes, and median reconstruction at various locations along PCH within the PROW between Cross Creek and the Ventura County line. The proposed project is a Caltrans Director’s Order Project which is intended to address immediate safety items along PCH through upgrades to various existing infrastructure as well as new installations such as sidewalks and bike lanes in certain locations. The project location extends along PCH from the Ventura County Line to Cross Creek Road. Figure 1 below displays the project location.

This project is phase one of a two-phase pavement rehabilitation project with the second phase incorporating the remaining eastern portion of PCH within the City limits. The second phase will have a similar project scope to the proposed project. Caltrans has stated that these two projects are intended to provide more immediate safety upgrades to Pacific Coast Highway, separate from the PCH Master Plan Feasibility Study which could include larger scale changes to the roadway such as Right-of-Way and driving lane width alterations which require a longer timeline for approval and construction.

The proposed project has been reviewed by the Planning Division, City geotechnical consultant reviewers, City Biologist, and City Public Works Department (Attachment 3 – Department Review Sheets)
Planning Commission Hearing
The item was heard by the Planning Commission on October 20, 2025 and November 3, 2025. Members of the public either present or online spoke in opposition and in favor of 2

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the project. The Commission reached consensus on the proposed guardrails, curb ramps, retaining walls at Heathercliff Road and at Busch Drive, intersection realignments, median reconstructions, vehicle pull out for law enforcement use and associated roadway improvements. At the October 20th meeting, the Commission continued the item to the November 3rd meeting and requested the following items from the applicant:
• Modify plan sheet SD-8 to revise the sign in the lower right-hand corner to delete “and museum” and add a sign for the Surfrider Beach / Adamson House turnoff (located across the bridge from the Malibu Lagoon State Beach); • Dialog with Pepperdine University officials and the Malibu Country Estates Homeowners Association regarding the utility of a sidewalk extending from Malibu Canyon Road to John Tyler Road depicted on plan sheets L-5 to L-7 and the supporting retaining wall depicted on plan sheets L-6 and R-1; • Provide additional detail on the sidewalk section near Corral Canyon with dimensions to demonstrate the adequacy of width for both sidewalk and parking depicted on plan sheets L-12 to L-14;
• Assess whether minimal intersection lighting would provide adequate light safety, reduce the number of new streetlights and update plan sheets E-27 to E-37 to show both existing and the proposed lighting;
• Append Condition No. 16 with, “Caltrans, the City Manager and Public Works Director shall work together to determine which portions of the project are feasible and shall be approved for nighttime construction work.”; and • Provide both the current proposed bicycle lanes, an alternative for bicycle lanes to be contiguous where possible and identify the related reduction of parking spaces which would result.

At the November 3, 2025 Planning Commission meeting, the applicant provided the requested items listed above, reduced the overall number of streetlights from 38 to 27, and reduced the proposed amount of bike lanes to 10 miles. The Commission ultimately approved the project (4-1) as proposed and added the following conditions:

1. Caltrans shall utilize light fixtures that are Dark Sky-compliant to the maximum extent feasible. The light fixtures shall be fully shielded, 3,000 kelvin in color temperature, directed downward, and must not exceed the light trespass limits onto adjacent properties as listed in MMC 17.41.050.G unless necessary for adequate ingress/egress as reasonably determined by the Community Development Director. City staff shall inspect the installed lights at the cost of Caltrans and confirm compliance with this condition.

2. The proposed sidewalk along Pacific Coast Highway in front of Pepperdine between Malibu Canyon Road and John Tyler drive is approved so long as Caltrans gathers input on this section’s sidewalk design as related to public safety from the LA County Sheriff’s Department, LA County Fire Department, and Pepperdine University. City staff shall ensure that Caltrans has communicated with and considered any input received from these parties prior to any Building Permit being approved.
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3. Approving the Sign Plans updated on November 3, 2025.

4. Approving the revised plan sheets E-29 – 37 dated October 31, 2025.

Project Setting
Figure 1: Project Location
Source: Caltrans
The project location is entirely within the PCH ROW, extending from the Ventura County line to Cross Creek Road. The length of roadway within the project area is approximately 16 miles. According to Caltrans, the purpose of this project is to extend the service life of the roadway, improve the ride quality of vehicles, upgrade Complete Street features, upgrade safety features, and minimize maintenance worker exposure to roadway hazards.

The project site is located within the Appealable Jurisdiction of the California Coastal Commission as depicted on the Post-LCP Certification Permit and Appeal Jurisdiction Map. No trails are mapped on or adjacent to the project area according to the LCP Park Lands Map. The project area, being completely within the existing paved roadway, does not contain Environmentally Sensitive Habitat Area (ESHA), based on the LCP ESHA and Marine Resources Map. Figure 1 above displays the property location along Pacific Coast Highway.

Project Description
The proposed scope of work is as follows:
a. 19 new guardrails;
b. 22 new or upgraded curb ramps;
c. 6,956 linear feet of new sidewalks;
d. Three new retaining walls, between three and five feet in height, and associated grading;
e. Two realigned intersections;
f. 27 new light poles;
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g. Approximately 10 miles of new bike lanes;
h. A new vehicle pull-out for law enforcement use;
i. Median reconstruction at various locations; and
j. Associated roadway improvements.

Project Elements

1. New Guardrails
There are currently 26 existing guardrails within the project area. Of the 26 existing guardrails, 19 will be upgraded to a Midwest Guardrail System while the remaining seven will be unaltered. The Midwest Guardrail System is approximately four inches taller than conventional guardrails and is engineered to handle modern vehicles. The new guardrails will be installed throughout the project area.

The new guardrails are shown on Sheets L-1, L-4, L-10 – 12, L-19, L-24, L-27, L-31, L-39 – 42, L-52, L-54, L-56 – 58.

2. New/Upgraded Curb Ramps
Curb ramps are intended to provide pedestrians access to the sidewalk and street when a curb face or vertical change in elevation occurs. Curb ramps provide access to people who use wheelchairs, strollers, walkers, crutches, handcarts, and bicycles as well as pedestrians with mobility impairments. In accordance with the Americans with Disabilities Act (ADA), all people shall have equal access to public facilities regardless of physical limitations. The applicant proposes a total of 22 new or upgraded curb ramps throughout the project area at various intersections and crosswalks.

The curb ramps are shown on Sheets C-1 to C-24.

3. New Sidewalks
The applicant proposes to install six new sidewalks, totaling 6,956 feet in length. The new sidewalks are in the following locations:

A. Between Cross Creek Road and Webb Way (Northbound side of PCH). This portion is approximately 1,539 feet in length. See Sheets L-1 – 3 and C-25 –

27. B. Between Cross Creek Road and Malibu Canyon Road (Southbound side of PCH). This portion is approximately 956 feet in length. See Sheets L-1, L-2, C-25, and C-26.

C. Between Malibu Canyon Road and John Tyler Road (Northbound side of PCH). This portion is approximately 1,855 feet in length. See Sheets L-5 to L-7.
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D. At Heathercliff Drive (Northbound side of PCH). This portion is approximately 50 feet in length. See Sheets L-29 and C-19.

E. At Busch Drive (Northbound side of PCH). This portion is approximately 64 feet in length. See Sheets L-32 and C-22.

F. At Corral Canyon Road (Southbound side of PCH). This portion is approximately 2,483 feet in length. See Sheets L-12 to L-14.

Figure 2: Proposed Sidewalk Locations
Source: Caltrans

4. Retaining Walls
The applicant is proposing to install three retaining walls. All three retaining walls are required to construct and support the proposed sidewalks. The locations of each retaining wall and the associated dimensions are listed below:

A. Between John Tyler Road and Malibu Canyon Road. This retaining wall is proposed to be 50 feet long and 3 feet tall. See Sheets L-6 and R-1.

B. At Heathercliff Road. This retaining wall is proposed to be 74 feet long and 5 feet tall. See Sheets L-29 and R-2.

C. At Busch Drive. This retaining wall is proposed to be 82 feet long and 5 feet tall.

See Sheets L-31, L-32, and R-3.

5. Intersection Realignments
The applicant proposes to realign two intersections, see the list below:

A. Malibu Road and PCH. The plan below displays the new intersection alignment in green and the existing alignment shaded in red. The new intersection will be a T-intersection with a stop sign for drivers turning onto southbound PCH as opposed to the existing on-ramp. The new alignment is coupled with one of the proposed sidewalks, which provides a short distance for pedestrians crossing Malibu Road.
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Figure 3 – PCH and Malibu Road Realignment
Source: Caltrans
B. Civic Center Way and PCH. The plan below displays the new intersection alignment in green with the existing alignment shaded in red. The new intersection will be a T-intersection with a stop sign for drivers turning onto northbound PCH as opposed to the existing on-ramp.
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Figure 4 – PCH and Civic Center Way Realignment
Source: Caltrans

6. New Bike Lanes.

Caltrans is proposing a total of 15.4 miles of new or upgraded bike lanes. All bike lanes are Class II lanes, which means they are unprotected lanes within the roadway and striped for one-way bike travel. The northbound side of PCH consists of 14 proposed bike lane segments for a total of 7.1 miles. The southbound side of PCH consists of 15 proposed bike lane segments for a total of 8.3 miles. The proposed bike lanes are dispersed throughout the project area as shown in the image below with the bike lane segments shown in green.

Figure 5 – Location of New Bike Lanes
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Source: Caltrans

7. Median Reconstruction
Caltrans is proposing to reconstruct all raised medians within the project area. The widths of the reconstructed medians will be reduced from various existing widths (3 ft – 15 ft) to two feet, making room for additional bike lanes. The existing raised medians are present throughout the project area. The image below provides an example of a reconstructed median plan. See Sheets L-3 – 19, L-33, L-34, L-37, and L-38.

Figure 6 – Cross Section of Reconstructed Medians
Source: Caltrans

8. New California Highway Patrol (CHP) Pull Out
Caltrans is proposing a new CHP Pull-Out lane along the southbound side of PCH between Looshen Road and Lunita Road. The pullout area is proposed along an existing, undeveloped shoulder and would be 401 feet long and 12 feet wide. See diagram below and Sheets L-41 and C-34 for further plan details.

Figure 7 – “Pull-Out” Lane Diagram
Source: Caltrans

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9. New Light Poles
Caltrans is proposing to add 42 new light poles within the project area. The light poles are proposed to be the exact same height as the existing light poles along PCH but these will adhere to Dark Sky Ordinance standards with the added condition of approval from the Planning Commission. The new light poles are proposed to be installed in various locations throughout the project area. See Sheets E-27 – 37.

10. Associated Roadway Improvements
Additional improvements proposed by Caltrans include the following:
• New crosswalk striping;
• Audible Pedestrian Signals, Countdown Pedestrian Signal Heads and Bicycle Detection;
• New Qwick-Kurb bollards for traffic channelization;
• Replacement and installation of new roadway signs (ex. Street signs, speed limit signs, parking signs, directional signage, etc.) See Sheets SD-1 – 28; • Lengthen the northbound left turn pocket from northbound PCH to southbound Heathercliff Road;
• Lengthen the northbound left turn pocket from northbound PCH to southbound Malibu Cove Colony Drive;
• Radar Speed Feedback Signs; and
• Adjustments to traffic signal timing.

LCP Analysis
The LCP consists of the Land Use Plan (LUP) and the Local Implementation Plan (LIP).

The LUP contains programs and policies implementing the Coastal Act in Malibu. The LIP contains provisions to carry out the policies of the LUP to which every project requiring a coastal development permit must adhere. The project’s conformance with the LCP is analyzed in the Planning Commission Staff Report (Exhibit 4)

APPEAL TO THE CITY COUNCIL
The appeal before the Council, Appeal No. 25-007, was submitted by members of the Malibu Township Council stating the Planning Commission’s decision was not the least environmentally damaging alternative, the decision was contrary to law, and the decision violates the Public Access provisions of the LCP. Specifically, the appellant states that the Public Access findings for the proposed sidewalk along the Corral State Beach. In addition, the appellant provides the following conditions for the Council to consider:

1. Require Caltrans to reduce the speed limit on PCH by 5 miles per hour.

2. Eliminate the proposed sidewalk in front of Pepperdine University. 10

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3. Eliminate the proposed sidewalk along Corral State Beach and its impact on public access and safety.

4. Eliminate the proposed light poles at Malibu Seafood and the proposed light poles between Zuma View Place and Zumirez Drive.

5. Require that the proposed bike lanes be painted green.

6. Require Caltrans consult with LA County Fire Department and EMS services for input on potential negative impacts of the proposed improvements to response times.

The appellant’s complete appeal can be found in Exhibit 3.

Given the short turnaround for this report, Staff’s analysis is abbreviated and will be supplemented at the hearing on the appeal. Staff provides the following analysis relevant to appeal:
• Reducing the speed limit is not part of the scope of the proposed project, and strict rules apply to that process. Caltrans and City Staff have been investigating the options here, and may bring a proposal forward in the future that conforms to State Law.
• The appellant states that the proposed sidewalk along Corral State Beach is being placed directly next to the Highway which would require vehicles to drive over a curbed sidewalk to access parking spaces along PCH. However, the plans provided by Caltrans show the proposed sidewalk being on the outer edge of the Right-ofWay, not between the drivable portions of PCH and the parking spaces. As a result, the proposed project would not alter how vehicles access the existing parking spaces and would not require them to drive over the proposed sidewalk. Therefore, no apparent impediment appears to be proposed regarding public access to Corral State Beach.
• Regarding the sidewalk in front of Pepperdine, the Planning Commission has required Caltrans to coordinate with LA County Sheriff’s Department, LA County Fire Department, and Pepperdine University regarding any potential safety issues related to the sidewalk design. In addition, the City is requiring Caltrans to utilize permeable materials instead of traditional concrete for this sidewalk in order for the sidewalk appearance to fit the rural character of the area. • The California Coastal Commission staff have reviewed the proposed project and concurred that the project is consistent with public access policies within the Coastal Act
For more details on the project and compliance with the LCP, the November 2025 Planning Commission staff report is found in Exhibit 4.

ENVIRONMENTAL REVIEW: Pursuant to the authority and criteria contained in CEQA, the Community Development Director has analyzed the proposed project. The Community Development Director found that this project is listed among the classes of projects that 11

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have been determined not to have a significant adverse effect on the environment.

Therefore, the project is categorically exempt from the provisions of CEQA pursuant to Sections 15301(c), (d), and (f) – Existing Facilities and 15303(d) – New Construction or Conversion of Small Structures. The Community Development Director has further determined that none of the six exceptions to the use of a categorical exemption apply to this project (CEQA Guidelines Section 15300.2).

CORRESPONDENCE: Correspondence received prior to the Planning Commission meeting for the subject application is included in Exhibit 4. New correspondence received on or after that meeting and prior to the City Council meeting are attached within Exhibit

5. PUBLIC NOTICE: On November 13, 2025, staff published a Notice of Public Hearing in a newspaper of general circulation within the City of Malibu and mailed the notice to all registered interested parties (Attachment 6).

ATTACHMENTS:

1. Draft Council Resolution No. 25-57

2. Planning Commission Resolution No. 25-69 (This attachment will distributed under separate cover)

3. Appeal No. 25-007(This attachment will distributed under separate cover)

4. November 3, 2025 Planning Commission Staff Report and Attachments (This attachment will distributed under separate cover)

5. Correspondence Received on or after the Planning Commission Meeting (This attachment will distributed under separate cover)

6. Public Hearing Notice (This attachment will distributed under separate cover) 12 RESOLUTION NO. 25-57

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MALIBU,

DETERMINING THE PROJECT IS EXEMPT FROM THE CALIFORNIA
ENVIRONMENTAL QUALITY ACT, DENYING APPEAL NO. 25-007, AND APPROVING COASTAL DEVELOPMENT PERMIT NO. 25-009 FOR THE INSTALLATION OF 19 NEW GUARDRAILS, 22 NEW OR UPGRADED
CURB RAMPS, 6,956 LINEAR FEET OF NEW SIDEWALKS, THREE NEW RETAINING WALLS, TWO REALIGNED INTERSECTIONS, 27 NEW
LIGHT POLES, 15 MILES OF NEW OR UPGRADED BIKE LANES, A

VEHICLE PULL-OUT FOR LAW ENFORCEMENT USE, MEDIAN

RECONSTRUCTION AT VARIOUS LOCATIONS, AND ASSOCIATED

ROADWAY IMPROVEMENTS ALONG PACIFIC COAST HIGHWAY

WITHIN THE PUBLIC RIGHT-OF-WAY BETWEEN THE VENTURA

COUNTY LINE AND SERRA ROAD (CALIFORNIA DEPARTMENT OF

TRANSPORTATION)
The City Council of the City of Malibu does hereby find, order and resolve as follows:

SECTION 1. Recitals.

A. On March 31, 2025, an application for Coastal Development Permit (CDP) No. 25- 009 was submitted to the Planning Division by the applicant, California Department of Transportation (Caltrans). The application was routed to the City Public Works Department, City Biologist, and City geotechnical consultant reviewers for review.

B. On July 11, 2025, staff deemed the CDP application complete for processing.

C. On September 15, 2025, Notices of Coastal Development Permit Application were posted at Pacific Coast Highway and Serra Road and at Pacific Coast Highway near the Ventura County Line.

D. On September 4, 2025, a Notice of Planning Commission Public Hearing was published in a newspaper of general circulation within the City of Malibu and was mailed to registered interested parties.

E. On September 15, 2025, the Planning Commission continued the item to the October 6, 2025 Regular Planning Commission meeting.

F. On October 6, 2025, the Planning Commission continued the item to the October 20, 2025 Regular Planning Commission meeting.

G. On October 20, 2025, the Planning Commission opened the public hearing and continued the item to the November 3, 2025 Regular Planning Commission with requests for additional information and modifications.

H. On November 3, 2025, the Planning Commission held a duly noticed public hearing on the subject application, reviewed and considered the staff report, reviewed and considered written reports, public testimony, and other information in the record.

I. On November 12, 2025, Appeal No. 25-007 was filed by a resident group. 13 Resolution No. 25-57

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J. On November 13, 2025, a Notice of City Council Public Hearing was published in newspaper of general circulation within the City of Malibu and was mailed to all property owners and occupants within 500-foot radius of the subject property.

K. On November 24, 2025, the City Council held a duly noticed public hearing on the subject application, reviewed and considered the staff report, reviewed and considered written reports, public testimony, and other information in the record.

Section 2. Environmental Review.

Pursuant to the authority and criteria contained in California Environmental Quality Act (CEQA), the Planning Commission has analyzed the proposed project. The Planning Commission found that this project is listed among the classes of projects that have been determined not to have a significant adverse effect on the environment. Therefore, the project is categorically exempt from the provisions of CEQA pursuant to Sections 15301(c), (d), and (f) – Existing Facilities, 15303(d) – New Construction or Conversion of Small Structures, and 15304(h) – Minor Alternations to Land. The Planning Commission has further determined that none of the six exceptions to the use of a categorical exemption apply to this project (CEQA Guidelines Section 15300.2).

SECTION 3. Appeal of Action.

The appellant contends that the Planning Commission’s decision is based on the findings or conditions not supported by evidence, or the decision is not supported by the findings, and the decision was contrary to law. Based on the evidence in the record, including as detailed below, in the agenda report, the materials submitted, and at the hearings on the matter, the City Council has determined that the project does conform to the findings required by the Malibu Local Coastal Program (LCP) and Malibu Municipal Code (MMC) The Council finds that the evidence supports the findings and is consistent with the City’s past application of the applicable provisions of the LIP.

The evidence was weighed by the Planning Commission at the October 20, 2025, meeting after which the applicant reduced the amount of proposed light fixtures from 38 to 27 among other requests made by the Commissioners and granted by the applicant. The evidence was further evaluated by the Planning Commission who at the November 3, 2025 meeting approved the proposed project with added conditions including all light fixtures shall be Dark Sky compliant and the applicant shall gather and consider design input from Los Angeles County Sheriff’s Department, Los Angeles County Fire Department, and Pepperdine University on the proposed sidewalk between Malibu Canyon Road and John Tyler Road.

The Council also finds the conditions proposed by the appellant lack nexus and proportionality to the impacts of the project, and are not required in order to make the findings to approve the project.

The appellant has also not provided substantial evidence to support its claims, or that the requested conditions are legal, appropriate, or otherwise required. In addition:
(1) the speed limit for PCH can only be reduced through specific processes defined by state law, and the appellant has not demonstrated that the changes proposed have an impact that would require the speed limit to be reduced. In fact, evidence in the record demonstrates that the proposed changes will increase, not decrease, safety on PCH. (2) The appellant states that the proposed sidewalk along Corral State Beach is being placed 14 Resolution No. 25-57

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directly next to the Highway which would require vehicles to drive over a curbed sidewalk to access parking spaces along PCH. However, the plans provided by Caltrans show the proposed sidewalk being on the outer edge of the Right-of-Way, not between the drivable portions of PCH and the parking spaces. As a result, the proposed project would not alter how vehicles access the existing parking spaces and would not require them to drive over the proposed sidewalk. Therefore, no apparent impediment appears to be proposed regarding public access to Corral State Beach.
(3) Regarding the sidewalk in front of Pepperdine, the Planning Commission has required Caltrans to coordinate with LA County Sheriff’s Department, LA County Fire Department, and Pepperdine University regarding any potential safety issues related to the sidewalk design. In addition, the City is requiring Caltrans to utilize permeable materials instead of traditional concrete for this sidewalk in order for the sidewalk appearance to fit the rural character of the area. Appellant has not provided substantial evidence that the proposed sidewalk would be unsafe or inconsistent with the City’s LCP or MMC.

The project complies with the requirements of the LCP and MMC. Based on the record at the public hearing, the City Council has found that the findings and conditions are supported by the preponderance of the evidence and that the decision is supported by the findings, that there was a fair and impartial hearing, and that the decision was not contrary to law. Thus, the Council denies the appeal and approves the project.

SECTION 4. Coastal Development Permit Findings.

Based on the evidence contained within the record, including the agenda report for the project and the hearing on November 3, 2025, and pursuant to Local Coastal Program (LCP) Local Implementation Plan (LIP), including Sections 13.7(B) and 13.9, and the Malibu Municipal Code (MMC), the City Council denies Appeal 25-007, adopts the findings of fact, and approves CDP No. 25-009 for the installation of 19 new guardrails, 22 new or upgraded curb ramps, 6,956 linear feet of new sidewalks, three new retaining walls, two realigned intersections, 27 new light poles, approximately 9.7 miles of new or upgraded bike lanes, a vehicle pull-out for law enforcement use, median reconstruction at various locations, and associated roadway improvements along Pacific Coast Highway within the Public Right-of-Way.

The project is consistent with the LCP’s zoning, grading, cultural resources, water quality, and wastewater treatment system standards requirements. The project, as conditioned, has been determined to be consistent with all applicable LCP codes, standards, goals, and policies. The required findings are made herein.

A. General Coastal Development Permit (LIP Chapter 13)

1. The proposed project has been reviewed for conformance with the LCP and MMC by the Planning Division, City geotechnical consultant reviewers, City Biologist, and City Public Works Department. The proposed improvements are necessary to address immediate safety improvements for pedestrians, cyclists and drivers along PCH and extend the service life of the PCH roadway. As discussed herein, the proposed project, as conditioned, conforms to the LCP in that it meets all applicable development standards.

2. The proposed project is located along the first public road and is in conformance with the public access and recreation policies of Chapter 3 of the Coastal Act as the project does not permanently inhibit public access or recreation. The project will upgrade the infrastructure 15 Resolution No. 25-57

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Malibu City CouncilNovember 24, 2025

Malibu City Council
November 24, 2025