Malibu City Council
September 28, 2026

PLEASE DOWNLOAD THE AGENDA DOCUMENT FOR

INSTRUCTIONS ON HOW TO PARTICIPATE IN THE MEETING
Amended Agenda
260928_AMENDED_.PDF
Item 1A1
Second Reading and Adoption of Ordinance No. 537
CC_260928_ITEM_1A1.PDF
Item 1B2
Approve Warrants
CC_260928_ITEM_1B2.PDF
Item 1B3
Approval of Minutes
CC_260928_ITEM_1B3.PDF
Item 1B4
Investment Report for the Month Ending August 31, 2026
CC_260928_ITEM_1B4.PDF
Item 1B5
City’s Conflict of Interest Code
CC_260928_ITEM_1B5.PDF
Item 1B6

1. Documents:

2. Documents:

3. Documents:

4. Documents:

5. Documents:

6. Documents:
7 CC_260928_ITEM_1B5.PDF
Item 1B6
Senior Management Analyst and Management Specialist Positions CC_260928_ITEM_1B6.PDF
Item 1B7
Adoption of Revised Job Classifications to Support Operational Efficiencies CC_260928_ITEM_1B7.PDF
Item 1B8
Earth Friendly Management Policy Annual Report
CC_260928_ITEM_1B8.PDF
Item 1B9
Award Kanan Dume Biofilters Project
CC_260928_ITEM_1B9.PDF
Item 1B10
Amendments to Professional Services Agreement for Contract Planning Services for NonPalisades Fire Rebuild Projects CC_260928_ITEM_1B10.PDF
Item 1B11
Malibu Library Set Aside Funds for Fiscal Year 2026-27
CC_260928_ITEM_1B11.PDF
CC_260928_ITEM_1B11 (SUPPLEMENTAL).PDF
Documents:

7. Documents:

8. Documents:

9. Documents:

10. Documents:

11. Documents:

12. Documents:

CC_260928_ITEM_1B11.PDF
CC_260928_ITEM_1B11 (SUPPLEMENTAL).PDF
Item 1B12
Resolution Extending the Declaration of the Existence of a Local Emergency Regarding Conditions on Pacific Coast Highway (PCH)
CC_260928_ITEM_1B12.PDF
Item 1B13
Resolution Extending the Declaration of the Existence of a Local Emergency Regarding the Palisades Fire
CC_260928_ITEM_1B13.PDF
Item 1B14
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
CC_260928_ITEM_1B14.PDF
Item 1B15
Approval of Final Parcel Map No. 83016
CC_260928_ITEM_1B15.PDF
Item 7A
City Hall Solar Power Project
CC_260928_ITEM_7A.PDF
Item 7B
Community Lands Project
Documents:

13. Documents:

14. Documents:

15. Documents:

16. Documents:

17. Documents:

18. Documents:

Item 7B
Community Lands Project
CC_260928_ITEM_7B.PDF
Item 7C
Declaration of Local Emergencies Due to the Threat of Malibu Creek Flooding from the 2026-2027 El Niño Event
CC_260928_ITEM_7C.PDF

18. Documents:

19. Documents:

Amended1 Malibu City Council
Regular Meeting Agenda
Monday, September 28, 2026
5:30 P.M. – CITY COUNCIL REGULAR MEETING
City Hall – Council Chambers
23825 Stuart Ranch Road
Zoom Webinar Link:
https://us02web.zoom.us/j/87985644870

GUIDE TO THE CITY COUNCIL PROCEEDINGS AND DECORUM
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.

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.

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.

MEETING PARTICIPATION: Members of the public may participate in-person or remotely via Zoom Webinar.

Remote participation: 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. To join by phone: Dial 1-669-444-9171 or 1-669-900-9128 (Toll Free) and enter Meeting ID: 879-8564-4870. To raise your hand via a phone-in please press *9 and unmute when you are called on by pressing *6. If you are participating via the web platform or application, please press the raise your hand icon and the unmute button when prompted.

In-person participation: If you would like to speak in-person, you must complete and submit to the Recording Secretary a Speaker Slip at the meeting prior to the beginning of the item being announced by the Mayor. 1 See the addition of consent calendar Item No. 1.B.15. and materials instruction.

AMENDED City Council Regular Meeting Agenda Page - 2 - September 28, 2026 When each item is called, the Mayor will announce a final call for Speaker Slips and raised hands.

Speaker Time and General Public Comment: Members of the public will have the opportunity to speak on items on the agenda and general public comment regarding matters which are not listed on the agenda, but are under the subject matter jurisdiction of the City Council. No action may be taken on such items, except to ask Staff a question or place an item on a future agenda, 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. Remote and in-person participants will have three (3) minutes to speak on each item on the agenda. In-person participants may also surrender their time to speak on an item on the agenda by deferring one (1) minute to another speaker, not to exceed a total of five (5) minutes. Speakers receiving time deferrals may be participating in-person or remotely. The individuals deferring time must be present in Chambers when the item is heard and their slips must be prior to the beginning of the item being announced by the Mayor. Speakers are taken in the order slips are submitted or hands are raised.

For general public comment for matters not on the agenda, speaker time is adjusted based on the number of speakers:
• If there are more than 20 speakers, each speaker will be limited to two (2) minutes. Speakers with time deferrals may receive up to four (4) minutes.
• If there are more than 30 speakers, each speaker is limited to one (1) minute. Speakers with time deferrals may receive up to three (3) minutes.

Materials: Any written comments or audiovisual materials from members of the public, including any that they intend to present at the meeting, must be submitted one (1) business day in advance, by 12:00 p.m. on September 25, 2026. No additional materials will be accepted after this deadline for items listed on this agenda. If an item on this agenda is amended or new items are added only one business day before the meeting, the amended agenda will provide additional instructions for submitting materials related to such items. All materials should be emailed to [email protected] and include the Agenda Item Number on the subject line.

Due to the posting of the amended agenda, written comments and audiovisual materials will be accepted on Item No. 1.B.15. until 12:00 p.m. on September 28, 2026.

VIEW THE MEETING: The meeting will be live streamed at www.malibucity.org/video, www.youtube.com/CityofMalibu, and via ZoomWebinar.

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 – September 18, 2026; amended September 25, 2026 Approval of Agenda
AMENDED City Council Regular Meeting Agenda Page - 3 - September 28, 2026

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.

A. Previously Discussed Items

1. Second Reading and Adoption of Ordinance No. 537
Recommended Action: Conduct second reading, unless waived, and adopt Ordinance No. 537, approving Local Coastal Program Amendment (LCPA) No. 26-002 and Zoning Text Amendment (ZTA) No. 26-002 to add a definition of Beachfront to Chapter 2 (Definitions) of the Local Coastal Program (LCP) Local Implementation Plan (LIP) and Title 17 (Zoning) of the Malibu Municipal Code (MMC) and finding the action to be exempt from the California Environmental Quality Act (CEQA).

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 80112-80265 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. 797 in the amount of the warrant appearing opposite their names, for the purposes stated on the respective demands in a total amount of $3,836,808.25 City of Malibu payroll/ACH deposits were issued in the amount of $1,023,769.09.

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

3. Approval of Minutes
Recommended Action: Approve the minutes for the March 18, 2026 Special Meeting, the March 23, 2026 Regular Meeting, the April 13, 2026 Regular Meeting, the April 15, 2026 Special Meeting.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228 AMENDED City Council Regular Meeting Agenda Page - 4 - September 28, 2026

4. Investment Report for the Month Ending August 31, 2026 Recommended Action: Receive the Investment Report for the month ending August 31, 2026.

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

5. City’s Conflict of Interest Code
Recommended Action: Adopt Resolution No. 26-64 adopting the City’s Conflict of Interest Code and repealing Resolution No. 24-58.

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

6. Senior Management Analyst and Management Specialist Positions Recommended Action: Review and approve the proposed classification and staffing changes within the City Clerk and Public Safety Departments to support departmental operations, enhance project management capacity, and maintain City service delivery expectations.

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

7. Adoption of Revised Job Classifications to Support Operational Efficiencies Recommended Action: Adopt the proposed revised job classifications to support departmental reorganization and operational efficiencies within the Public Works Department.

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

8. Earth Friendly Management Policy Annual Report
Recommended Action: Receive and file the Earth Friendly Management Policy annual report from July 2025 to June 2026.

Staff Contact: Community Services Director Riesgo, 456-2489, ext. 350

9. Award Kanan Dume Biofilters Project
Recommended Action: 1) Approve the award and authorize the Mayor to execute a construction contract with Wright Construction Engineering Corp, in the amount of $293,000 for the construction of the Kanan Dume Biofilters Project, Specification No. 2117; and 2) Authorize the Public Works Director to approve any potential change orders up to 15% of the contract amount.

Staff Contact: Assistant Public Works Director Holden, 456-2489, ext. 338 AMENDED City Council Regular Meeting Agenda Page - 5 - September 28, 2026

10. Amendments to Professional Services Agreement for Contract Planning Services for NonPalisades Fire Rebuild Projects Recommended Action: 1) Authorize the Mayor to execute Amendment No. 1 to the professional services agreement with Casswell Consulting, Inc. for contract planning services; and 2) Authorize the Mayor to execute Amendment No. 1 to the professional services agreement with California Coastal Works LLC for contract planning services.

Staff Contact: Community Development Director Bundy, 456-2489, ext. 229

11. Malibu Library Set Aside Funds for Fiscal Year 2026-27 Recommended Action: Approve the use of Malibu Library Set Aside Funds for Fiscal Year (FY) 2026-27.

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

12. Resolution Extending the Declaration of the Existence of a Local Emergency Regarding Conditions on Pacific Coast Highway (PCH)
Recommended Action: Adopt Resolution No. 26-65 extending the declaration of the existence of a local emergency related to the continued elevated presence 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

13. Resolution Extending the Declaration of the Existence of a Local Emergency Regarding the Palisades Fire
Recommended Action: Adopt Resolution No. 26-66, 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

14. 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. 26-67 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 AMENDED City Council Regular Meeting Agenda Page - 6 - September 28, 2026

15. Approval of Final Parcel Map No. 83016
Recommended Action: 1) Adopt Resolution No. 26-68 approving Final Parcel Map No. 83016, Assessor Parcel Numbers 4470-012-046 and 4470-012-002, located at 6301 Trancas Canyon Road, for recordation; 2) Authorize the City Manager to execute the Subdivision Improvement Agreement for Parcel Map No. 83016; 3) Authorize the Public Works Director to submit the Final Parcel Map for recordation.

Staff Contact: Assistant Public Works Director Holden, 456-2489, ext. 338

2. Ceremonial/Presentations
A. Presentation of City Tile to Alicia Freeman for Seven Years of Service to the City of Malibu B. Presentation of commendation to Public Safety Director Susan Dueñas, upon her retirement in recognition of her service to the City.

3. Commission / Committee / City Manager Updates

4. Written and Oral Communications from the Public (This item and subsequent items to be heard at 6:30 p.m. or later )
Councilmember meeting attendance reports and inquiries will be limited to 10 minutes per Councilmember to report on their activities and ask staff follow-up questions from public comment.

A. General Public Comment – Matters Not on the 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.

None.

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

None.

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

A. City Hall Solar Power Project
Recommended Action: 1) Receive an update from staff and a presentation from the Clean Power Alliance on the Power Ready Round 2 Program and the proposed City Hall Solar and Battery Energy Storage Project; and 2) Direct staff to continue coordination with Clean Power Alliance to advance the project.

Staff Contact: Assistant Public Works Director Holden, 456-2489, ext. 338 AMENDED City Council Regular Meeting Agenda Page - 7 - September 28, 2026 B. Community Lands Project
Recommended Action: 1) At the recommendation of the Public Parks and Property Ad Hoc Committee, approve the design of permanent multipurpose sports fields and associated amenities (i.e. parking, restrooms, storage, sidewalk, and walking path) on the Ioki Property; 2) Authorize staff to initiate a preliminary design for an aquatics facility and geotechnical feasibility analysis at the Ioki Property; 3) Authorize staff to initiate a traffic study and preliminary geotechnical feasibility analysis for the Heathercliff Property; 4) Provide feedback on the Malibu Pacific Palisades Chamber of Commerce (PaliBu) proposal for parking, a Visitors Center, and provide direction regarding the trolley system pilot program at the Triangle Lot Property; 5) Reject the proposed Civic Center public private land exchange; 6) Consider a recommendation for the Malibu Arts Commission to review the development of a Performing Arts Center on Parcel C at Cross Creek Ranch (La Paz); and 7) Direct staff to take any other actions necessary to advance the Community Lands Project.

Staff Contact: Community Services Director Riesgo, 456-2489, ext. 350 C. Declaration of Local Emergencies Due to the Threat of Malibu Creek Flooding from the 2026- 2027 El Niño Event
Recommended Action: 1) Adopt Resolution No. 26-68 declaring the existence of a local emergency due to the threat of extreme weather conditions caused by the forecasted 2026-2027 El Niño event; or 2) Adopt Resolution No. 26-69 declaring the existence of a local emergency due to the threat to the Serra Retreat neighborhood of Malibu Creek flooding caused by extreme weather conditions caused by the 2026-2027 El Niño event; or 3) Provide direction to staff.

Staff Contact: Assistant City Manager Mays 456-2489, ext. 358

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.

None.

Adjournment
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 forthe 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 Community Development 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].

AMENDED City Council Regular Meeting Agenda Page - 8 - September 28, 2026 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 25th day of September 2026 at 5:20 p.m.

Christina Muñoz, Deputy City Clerk

Agenda Item # 1.A.1.

Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Kelsey Pettijohn, City Clerk
Approved by: Joseph D. Irvin, City Manager
Date prepared: September 16, 2026 Meeting date: September 28, 2026 Subject: Second Reading and Adoption of Ordinance No. 537 RECOMMENDED ACTION: Conduct second reading, unless waived, and adopt Ordinance No. 537, approving Local Coastal Program Amendment (LCPA) No. 26-002 and Zoning Text Amendment (ZTA) No. 26-002 to add a definition of Beachfront to Chapter 2 (Definitions) of the Local Coastal Program (LCP) Local Implementation Plan (LIP) and Title 17 (Zoning) of the Malibu Municipal Code (MMC) and finding the action to be exempt from the California Environmental Quality Act (CEQA).

FISCAL IMPACT: Funding for this project is included in the Adopted Budget for Fiscal Year 2025-26.

STRATEGIC IMPLEMENTATION PLAN: This item advances Goal 1, Objective 1.2 of the 2025-2028 Strategic Plan by modernizing development policies to improve clarity and consistency.

DISCUSSION: On September 14, 2026, the Council introduced on first reading Ordinance No. 537.

ATTACHMENTS: Ordinance No. 537
City Council Meeting
09-28-26
Item

1.A.1.
1 ORDINANCE NO. 537

AN ORDINANCE OF THE CITY OF MALIBU APPROVING LOCAL
COASTAL PROGRAM AMENDMENT NO. 26-002 AND ZONING TEXT
AMENDMENT NO. 26-002 TO ADD A DEFINITION OF BEACHFRONT TO CHAPTER 2 (DEFINITIONS) OF THE LOCAL COASTAL PROGRAM LOCAL IMPLEMENTATION PLAN AND TITLE 17 (ZONING) OF THE MALIBU MUNICIPAL CODE; TO DIRECT THE FILING OF THE AMENDMENT WITH THE CALIFORNIA COASTAL COMMISSION FOR CERTIFICATION; AND

FINDING THE ACTION TO BE EXEMPT FROM THE CALIFORNIA

ENVIRONMENTAL QUALITY ACT
The City Council of the City of Malibu does ordain as follows.

SECTION 1. Recitals.

A. On December 8, 2025, the City Council adopted Resolution No. 25-56 to initiate the preparation of a Beachfront definition.

B. On March 26, 2026, the City Council Zoning Ordinance Revision and Code Enforcement Subcommittee (ZORACES) met to discuss the proposed amendments and provided feedback for staff to incorporate as the ordinance advances to the Planning Commission.

C. On April 23, 2026, a Notice of Planning Commission Public Hearing was published in a newspaper of general circulation within the City of Malibu and mailed to interested parties.

D. On May 18, 2026, the Planning Commission held a duly noticed public hearing on the proposed amendment in Local Coastal Program Amendment (LCPA) No. 26-002 and Zoning Text Amendment (ZTA) No. 26-002, reviewed and considered the agenda report, reviewed and considered written reports, public testimony, and other information on the record, and adopted Resolution No. 26-20 recommending the City Council approval. No changes to the draft ordinance presented to the Planning Commission were recommended.

E. On July 26, 2026, a Notice of City Council Public Hearing Notice of Availability of Local Coastal Program (LCP) Amendments was published in a newspaper of general circulation within the City of Malibu and mailed to interested parties indicating that the City Council would hold a public hearing on August 10, 2026, to consider the proposed ordinance.

F. On August 10, 2026, prior to the opening of the hearing, the City Council continued the item to the August 24, 2026 Regular City Council meeting. No new evidence or correspondence was received in connection with the August 10 meeting.

G. On August 24, 2026, the City Council held a duly noticed public hearing; however, after deliberations, the Council continued the hearing to the September 14, 2026 Regular City Council meeting.
2 Ordinance No. 537

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H. On September 14, 2026, the City Council held a duly noticed public hearing on the proposed LCPA No. 26-002 and ZTA No 26-002, reviewed and considered the agenda report, reviewed and considered written reports, public testimony, and other information on the record.

The City Council conducted a first reading and introduction of the Ordinance and directed staff to set a second reading for adoption of Ordinance No. 537, approving LCPA No. 26-002 and ZTA No. 26-002. If adopted, the City Council directed staff to file the LCPA with the California Coastal Commission (CCC) for certification.

SECTION 2. Environmental Review.

The City Council finds that pursuant to the California Environmental Quality Act (CEQA), the proposed LCP and Malibu Municipal Code (MMC) amendment actions have been analyzed and determined to be Statutorily Exempt pursuant to CEQA Guidelines Section 15265 because CEQA does not apply to activities or approvals by a local government as necessary for the preparation and adoption of an LCPA for review and certification by the CCC as set forth in Section 21080.9 of the Public Resources Code. Accordingly, the certified City of Malibu LCP constitutes a plan for use in the CCC’s regulatory program as certified under Section 21080.5 of the Public Resources Code.

SECTION 3. Local Coastal Program Amendment Findings.

Pursuant to LCP Local Implementation Plan (LIP) Section 19.6, the City Council hereby makes the following findings to approve LCPA No. 26-002 as stated in Section 4 of this ordinance.

A. Section 30251 of Chapter 3 of the Coastal Act states that the scenic and visual qualities of coastal areas be considered and protected as a resource of public importance. The Section requires that coastal development must protect scenic views, be visually compatible with surroundings, and, where feasible, restore and enhance visual quality in visually degraded areas.

Highly scenic areas, including areas to and along the ocean, scenic roads, and public viewing areas, require development to be subordinate to the setting. Establishing a proper definition of “Beachfront” will ensure that only true beachfront development utilize the standards which are meant for more constrained parcels along the coast bound by the ocean and limited parcel width, and further preserve more scenic and visual qualities of coastal areas in Malibu.

B. Chapters 5 and 6 of the Malibu LCP Land Use Plan (LUP) incorporate the Coastal Act’s development policies, including Section 30251, to minimize impacts on scenic resources.

This includes restricting development and applying siting and design restrictions.

C. LIP Chapter 3 implements the LUP by requiring development standards applicable to beachfront and non-beachfront development. Non-beachfront development standards require increased setbacks and lower heights than beachfront development standards, as well as restrictions on impermeable coverage, limits on the volume of development above 18 feet (twothirds calculation), and Total Development Square Footage (TDSF) limitations. This is due to nonbeachfront parcels being larger in size where those extra limitations help to preserve Malibu’s coastal resources. Historically, the City and CCC through its review of coastal development have 3 Ordinance No. 537

____________________

qualified that beachfront development standards apply based on a parcel’s orientation to the coast, the zoning designation, and the location of the structure. Geologic characteristics associated with the location of the primary use structure, such as the footprint of a single-family residence as it is situated on a parcel, is a defining factor and not just the location of the parcel itself. Establishing a definition of Beachfront in the LIP would further implement Chapters 5 and 6 of the LUP and Section 30251 of the Coastal Act by ensuring the appropriate application of non-beachfront development standards are being applied to parcels that do not meet the eligibility components of a beachfront parcel.

SECTION 4. Local Coastal Program Amendment.

Section 2.1 (General Definitions) of the LIP is hereby amended to add the following new definition as follows:

BEACHFRONT: The term “beachfront” (including “beach-front”) means a lot, parcel and/or property that (i) has at least one lot line within or directly contiguous to either the Pacific Ocean or beach directly contiguous to the ocean, (ii) does not have a zoning designation of Rural Residential, and (iii) has an existing or proposed primary use structure that is sited or will be sited directly on the beach and/or within a low-lying shoreline area contiguous to the beach or Pacific Ocean and not separated from the beach or ocean by a road, coastal bluff, cliff, hill, or other elevated coastal landform. The primary use structure must be within 300 feet from the mean high tide line at its closest point to the ocean. An ancillary structure on the beach shall not subject the lot, parcel and/or property to beachfront development standards if the primary use structure is not located on the beach.

A lot, parcel, and/or property not meeting these criteria shall be considered non-beachfront.

SECTION 5. Zoning Text Amendment Findings.

Pursuant to MMC Section 17.74.040(C), the City Council hereby makes the following findings to approve ZTA No. 26-002 as stated in Section 6 of this ordinance.

A. The subject zoning text amendment is consistent with the objectives, policies, general land uses and programs specified in the General Plan. The proposed amendment serves to enhance the Malibu General Plan Mission Statement and protect the natural environment and rural residential character by regulating land use, discouraging “mansionization,” and preserving vistas and open areas.

B. The City Council held a public hearing, reviewed the subject zoning text amendment application for compliance with the City of Malibu General Plan and MMC, and finds that ZTA No. 26-002 is consistent with the General Plan. The City Council found that the Beachfront definition is consistent with the historical application of the MMC and LCP by the City and CCC and does not change how Malibu has applied beachfront development standards previously. Rather, it clarifies what is and is not subject to beachfront development standards which differs from non-beachfront development standards. 4 Ordinance No. 537

____________________
SECTION 6. Zoning Text Amendment.

Section 17.02.060 (Definitions) of the MMC is hereby amended to add the following new definition as follows:
“Beachfront” (including “beach-front”) means a lot, parcel and/or property that (i) has at least one lot line within or directly contiguous to either the Pacific Ocean or beach directly contiguous to the ocean, (ii) does not have a zoning designation of Rural Residential, and (iii) has an existing or proposed primary use structure that is sited or will be sited directly on the beach and/or within a low-lying shoreline area contiguous to the beach or Pacific Ocean and not separated from the beach or ocean by a road, coastal bluff, cliff, hill, or other elevated coastal landform. The primary use structure must be within 300 feet from the mean high tide line at its closest point to the ocean. An ancillary structure on the beach shall not subject the lot, parcel and/or property to beachfront development standards if the primary use structure is not located on the beach. A lot, parcel, and/or property not meeting these criteria shall be considered non-beachfront.

SECTION 7. Submittal to California Coastal Commission.

The City Council hereby directs staff to submit the LCPA to the CCC per Title 14, California Code of Regulations Section 13544(c).

SECTION 8. Effective Date.

LCPA No. 26-002 and corollary ZTA No. 26-002 approved in this Ordinance shall become effective only upon final certification of the LCPA by the CCC.

SECTION 9. Severability.

Should any section, subsection, clause, or provision of this Ordinance for any reason be held to be invalid or unconstitutional, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this Ordinance; it being hereby expressly declared and this Ordinance, and each section, subsection, sentence, clause, and phrase hereof would have been prepared, proposed, approved, and ratified irrespective of the fact that any one or more sections, subsections, sentences, clauses, or phases be declared invalid or unconstitutional.

SECTION 10. The City Clerk shall certify the adoption of this ordinance. 5 Ordinance No. 537

____________________

PASSED, APPROVED AND ADOPTED this ____ day of ____ 2026. ____________________________
BRUCE SILVERSTEIN, Mayor
ATTEST:
__________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
Date: _________________________
APPROVED AS TO FORM:
__________________________________
TREVOR RUSIN, Interim City Attorney
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Agenda Item # 1.B.3.

Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Kelsey Pettijohn, City Clerk
Approved by: Joseph D. Irvin, City Manager
Date prepared: September 8, 2026 Meeting date: September 28, 2026 Subject: Approval of Minutes
RECOMMENDED ACTION: Approve the minutes for the March 18, 2026 Special Meeting, the March 23, 2026 Regular Meeting, the April 13, 2026 Regular Meeting, the April 15, 2026 Special Meeting.

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

STRATEGIC PLAN IMPLEMENTATION: N/A.

DISCUSSION: Staff has prepared draft minutes for the March 18, 2026 Special Meeting, the March 23, 2026 Regular Meeting, the April 13, 2026 Regular Meeting, the April 15, 2026 Special Meeting.

ATTACHMENTS:

1. March 18, 2026, Special Meeting

2. March 23, 2026, Regular Meeting

3. April 13, 2026, Regular Meeting

4. April 15, 2026, Special Meeting.

City Council Meeting
09-28-26
Item

1.B.3.
1 MINUTES

MALIBU CITY COUNCIL

SPECIAL MEETING
MARCH 18, 2026

COUNCIL CHAMBERS
2:00 P.M.

MEETING CALL TO ORDER
Mayor Silverstein called the meeting to order at 2:01 p.m.

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

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

ALSO PRESENT: Trevor Rusin, Interim City Attorney; Joseph Irvin, City Manager; Rob DuBoux, Interim Assistant City Manager; Kelsey Pettijohn, City Clerk; Yolanda Bundy, Community Development Director; Susan Dueñas, Public Safety Director; Tatiana Holden, Interim Public Works Director; Parker Davis, Media Technician; Christina Muñoz, Deputy City Clerk; Courtney Brown, Senior Planner; Chris Dean, Contract Geologist; Lauren Doyel, Contract Geotechnical Engineer; Tyler Eaton, Assistant Community Development Director; Richard Greenbauer, Contract Planner; Nadia Fahoum, Associate Engineer; and Travis Hart, Interim Assistant Public Works Director.

REPORT ON POSTING OF AGENDA
City Clerk Pettijohn reported that the agenda for the meeting was properly posted on February 13, 2026.

APPROVAL OF AGENDA
MOTION Mayor Pro Tem Uhring moved, and Councilmember Riggins seconded a motion to approve the agenda. The motion carried unanimously.

ITEM 5 ORDINANCES AND PUBLIC HEARINGS
A. Appeal of Planning Commission Resolution No. 24-77 Regarding Coastal Development Permit No. 19-011 (33610 Pacific Coast Highway, APN 4473-021- 012, Owner Peaches LLC, DBA, Appellant Matthew Mark)
Recommended Action: Either: 1) Adopt Resolution No. 26-09 denying Appeal (AP) No. 24-11, determining the project is categorically exempt from the California Environmental Quality Act (CEQA), and approving Coastal Development Permit (CDP) No. 19-011 to allow for the construction of a new 3,977.5 square foot, 28 foot high two-story single-family residence with basement, pool, spa, retaining walls, new onsite wastewater treatment system (OWTS), and associated development; including Site Plan Review (SPR) No. 24-022 for construction over 18 feet up to a maximum of 28 feet in height for a pitched roof and Minor ATTACHMENT 1
2 Malibu City Council
Minutes of March 18, 2026

_________________________
Modification (MM) No. 24-006 to reduce the required front yard setback by 50 percent, for a property located in the Rural Residential, Two-Acre (RR-2) zoning district at 33610 Pacific Coast Highway (PCH) (Peaches LLC); or 2) Direct staff to bring back a resolution consistent with the City Council’s decision.

Mayor Silverstein explained procedures for the public hearing.

Disclosures: Councilmembers Conrad, Riggins, and Stewart, Mayor Pro Tem Uhring, and Mayor Silverstein
Contract Planner Greenbauer and Assistant Community Development Director Eaton presented the staff report.

The Council directed questions to staff.

Mayor Silverstein opened the floor to public comment.

Speakers: Matthew Mark, Charmaine Mark, Justin Block, Nicholas Highacre, Amy Ablakat, Jo Drummond (Patt Healy deferred time to Jo Drummond), Paul Peterson, and Bill Sampson.

The Council directed questions to staff, Mr. Peterson, and Ms. Mark.

Mr. Mark, Ms. Mark, and Mr. Block provided rebuttal.

As there were no other speakers present, Mayor Silverstein closed the public comment portion of the public hearing and returned the matter to the table for discussion.

MOTION Councilmember Conrad moved, and Councilmember Stewart seconded a motion to adopt Resolution No. 26-09 denying Appeal (AP) No. 24-11, determining the project is categorically exempt from the California Environmental Quality Act (CEQA), and approving Coastal Development Permit (CDP) No. 19-011 to allow for the construction of a new 3,977.5 square foot, 28 foot high two-story singlefamily residence with basement, pool, spa, retaining walls, new onsite wastewater treatment system (OWTS), and associated development; including Site Plan Review (SPR) No. 24-022 for construction over 18 feet up to a maximum of 28 feet in height for a pitched roof and Minor Modification (MM) No. 24-006 to reduce the required front yard setback by 50 percent, for a property located in the Rural Residential, Two-Acre (RR-2) zoning district at 33610 Pacific Coast Highway (PCH) (Peaches LLC).

The Council discussed the item and directed questions to staff.

The question was called, and the motion carried 4-1, Mayor Pro Tem Uhring opposed.
3 Malibu City Council
Minutes of March 18, 2026

_________________________
RECESS At 4:16 p.m., Mayor Silverstein recessed the meeting. The meeting resumed at 4:34 p.m. with all Councilmembers present.

B. Appeal of Planning Commission Resolution No. 25-78 Regarding Coastal Development Permit No. 25-041 – An application for temporary improvements within the Pacific Coast Highway public right-of-way between Broad Beach Road and La Piedra Beach Road, including lane reductions, signage, and the intersection of two roundabouts within safety lighting at the intersection of El Matador Beach Road and Encinal Canyon Road, as recommended in the 2015 Pacific Coast Highway Safety Study conducted by the City in partnership with the California Department of Transportation (Owner: California Department of Transportation; Appellant: Dr. Thomas G. Diamantidis)
Recommended Action: Either: 1) Adopt Resolution No. 26-10 denying Appeal (AP) No. 26-001, determining the pilot project is exempt from the California Environmental Quality Act (CEQA), and approving Coastal Development Permit (CDP) No. 25-041, an application for the temporary improvements within the Pacific Coast Highway (PCH) public right-of-way between Broad Beach Road and La Piedra Beach Road, including lane reductions, signage, and the installation of two roundabouts at the intersection of El Matador Beach Road and Encinal Canyon Road, as recommended in the 2015 Pacific Coast Highway Safety Study conducted by the City in partnership with the California Department of Transportation (Caltrans) (City of Malibu Public Works Department and Caltrans); or 2) Direct staff to return with a resolution consistent with the City Council’s decision.

Disclosures: Councilmembers Conrad, Riggins, and Stewart, Mayor Pro Tem Uhring, and Mayor Silverstein
Senior Planner Brown and Assistant Community Development Director Eaton presented the staff report.

Mayor Silverstein opened the floor to public comment.

Speakers: Kristina Kropp, Associate Engineer Nadia Fahoum, Brian Zein, Arthur Kelly, Lucielle Keller (Dr. Heba Rasllani, Jo Drummond, and Karl Short deferred time to Lucille Keller), Ellen Olivier, Gary Wannaroth, Greg Harris, Kevin Keegan, Michel Shane, Katherine Abrams, Yvonne Gelbman, Scott Dittrich (John Johannessen and Dennis Gelbman deferred time to Scott Dittrich), Charlotte Jone, Bill Sampson (Jan Ravlich and Linda Tatum deferred time to Bill Sampson), Lea Johnson, Calvin, Patt Healy, Ryan, Anne K., Aaron Garcia, Lonnie Gordon, Tom Van Daele, Los Angeles County Sheriff’s Department Sergeant James Arens, and Los Angeles County Fire Department Assistant Fire Chief Drew Smith.

Arno Koch was not present at the time of the hearing.

The Council directed questions to staff and Ms. Kropp.

Ms. Kropp and Associate Engineer Fahoum provided rebuttal. 4 Malibu City Council
Minutes of March 18, 2026

_________________________
As there were no other speakers present, Mayor Silverstein closed the public comment portion of the public hearing and returned the matter to the table for discussion.

MOTION Mayor Silverstein moved, and Councilmember Stewart seconded, a motion to direct staff to return with a revised resolution approving the project that: 1) adds a recital stating the proposed temporary improvement are pursuant to the PCH Local Emergency declaration; 2) remove all statements where the temporary pilot project will improve safety along the PCH corridor; and 3) adds a condition stating the City Council will determine whether to direct staff to move forward with the project at a future public meeting.

The Council discussed the item and directed questions to staff.

The question was called, and the motion carried 4-1, Councilmember Riggins opposed.

The Council discussed the project and provided direction to staff regarding issues to address at a future workshop.

ADJOURNMENT
Mayor Silverstein adjourned the meeting at 8:24 p.m.

Approved and adopted by the City Council of the
City of Malibu on __________.
_________________________________
BRUCE SILVERSTEIN, Mayor
ATTEST:
_________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
5 MINUTES

MALIBU CITY COUNCIL

REGULAR MEETING
MARCH 23, 2026

COUNCIL CHAMBERS
5:30 P.M.

MEETING CALL TO ORDER
Mayor Silverstein called the meeting to order at 4:00 p.m.

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

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

PUBLIC COMMENT ON CLOSED SESSION
Mayor Silverstein opened the floor to public comment.

Speakers: Anne K.

RECESS TO CLOSED SESSION
At 4:01 p.m., the Council recessed to Closed Session to discuss the following items listed on the Closed Session agenda:

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)
Conference with Legal Counsel – Existing litigation pursuant to Government Code Section 54956.9(d)(1):

1. City of Malibu v. State of California, et al., Case No. 26STCV05031

2. City of Malibu v. Federal Aviation Administration, et al. (9th Cir. 2024) Case No. 24-2503

REGULAR SESSION CALL TO ORDER
Mayor Silverstein called the meeting to order at 5:48 p.m.

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

ATTACHMENT 2
6 Malibu City Council
Minutes of March 23, 2026

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

ALSO PRESENT: Trevor Rusin, Interim City Attorney; Joseph Irvin, City Manager; Rob DuBoux, Interim Assistant City Manager; Christopher Smith, Assistant City Manager; Kelsey Pettijohn, City Clerk; Kristin Riesgo, Community Services Director; Yolanda Bundy, Community Development Director; Susan Dueñas, Public Safety Director; Tatiana Holden, Interim Public Works Director; Parker Davis, Media Technician; Christina Muñoz, Deputy City Clerk; Travis Hart, Deputy Public Works Director; Sarah Flores, Emergency Services Coordinator; Greg Kajszo, Assistant to the City Manager; and Nausicaa Smith, Administrative Assistant.

PLEDGE OF ALLEGIANCE
Candace Bond led the Pledge of Allegiance.

CLOSED SESSION REPORT
Interim City Attorney Rusin reported that the meeting convened at 4:00 p.m., after which time the City Council recessed to a Closed Session pursuant to Government Code Section 54956.9, with all Councilmembers present. He reported Councilmember Conrad recused herself from one of the anticipated litigation items due to the location of her home. He stated that the Council discussed the items on the Closed Session agenda and took no reportable action.

REPORT ON POSTING OF AGENDA
City Clerk Pettijohn reported that the agenda for the meeting was properly posted on March 12, 2026, with the amended agenda posted on March 20, 2026.

APPROVAL OF AGENDA
MOTION Mayor Pro Tem Uhring moved, and Councilmember Riggins seconded a motion to approve the agenda. The motion carried unanimously.

ITEM 1 CONSENT CALENDAR
Mayor Silverstein opened the floor to public comment.

Speakers: Darren Graves, Carla Langley, Anne K., and Christina Kropp.

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

Item Nos. 1.B.5., 1.B.6., 1.B.7., 1.B.8., and 1.B.11. were pulled by the Council. 7 Malibu City Council
Minutes of March 23, 2026

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MOTION Councilmember Riggins moved, and Mayor Pro Tem Uhring seconded a motion to approve the Consent Calendar, pulling Item Nos. 1.B.5., 1.B.6., 1.B.7., 1.B.8., and

1.B.11. The motion carried unanimously.

The Consent Calendar consisted of the following items:

A. Previously Discussed Items
None.

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.

2. Approve Warrants
Recommended Action: Allow and approve warrant demand numbers 78263-78398 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. 786 in the amount of the warrant appearing opposite their names, for the purposes stated on the respective demands in a total amount of $1,589,587.18. City of Malibu payroll check number 5565-5567 and ACH deposits were issued in the amount of $927,026.02.

3. Approval of Minutes
Recommended Action: Approve the minutes for the August 7, 2025 Special Meeting.

4. Mayors’ Monarch Pledge
Recommended Action: 1) Authorize Mayor Silverstein to sign the National Wildlife Federation Mayors’ Monarch Pledge, renewing the City’s commitment to help save the monarch butterfly; and 2) Direct staff to implement measures to meet the commitments of the Mayors’ Monarch Pledge in support of monarch and pollinator conservation.

9. Malibu Coast Animal Hospital Roof Repair Project Change Order Recommended Action: Authorize an increase of construction change order funding of $15,000 to Felson Group, Inc., for a total aggregate amount of $27,707.40.

10. Professional Services Agreement with Blue Line Solutions Recommended Action: Continue this item to the April 13, 2026 Regular City Council meeting.

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

5. Amendment No. 4 to Professional Services Agreement with Lance, Soll, & Lunghard, LLP (dba LSL, LLP) for Financial Auditing Services Recommended Action: Authorize the Mayor to execute Amendment No. 4 to Professional Services Agreement with Lance, Soll, & Lunghard, LLP (“LSL”) for Financial Auditing Services.

The Council discussed the item.
8 Malibu City Council
Minutes of March 23, 2026

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MOTION Councilmember Stewart moved, and Councilmember Riggins seconded a motion to authorize the Mayor to execute Amendment No. 4 to Professional Services Agreement with Lance, Soll, & Lunghard, LLP (“LSL”) for Financial Auditing Services. The motion carried unanimously.

6. Professional Services Agreement for On-Call Plan Check Services Recommended Action: Authorize the Mayor to execute a professional services agreement with 4Leaf, Inc. to provide on-call plan check services.

The Council discussed the item and directed questions to staff.

MOTION Councilmember Riggins moved, and Mayor Pro Tem Uhring seconded a motion to authorize the Mayor to execute a professional services agreement with 4Leaf, Inc. to provide on-call plan check services. The motion carried unanimously.

7. Amendment No. 1 to Professional Services Agreement with Frederick Fisher and Partners for a Masterplan/Concept Design for Heathercliff Recreation Center and Ioki Temporary Sports Fields
Recommended Action: Authorize the Mayor to execute Amendment No. 1 to Professional Services Agreement with Frederick Fisher & Partners, Architects, a California stock corporation (Frederick Fisher and Partners) to include design services for temporary sports fields on the Ioki Property.

The Council discussed the item and directed questions to staff.

MOTION Councilmember Stewart moved, and Councilmember Riggins seconded a motion to authorize the Mayor to execute Amendment No. 1 to Professional Services Agreement with Frederick Fisher & Partners, Architects, a California stock corporation (Frederick Fisher and Partners) to include design services for temporary sports fields on the Ioki Property. The motion carried unanimously.

8. Amendment to Professional Services Agreement for On-Call Construction Management Services
Recommended Action: Authorize the Mayor to execute Amendment No. 3 to the Professional Services Agreement with Filippin Engineering (Filippin) amending compensation in the amount of $300,000 for a total not to exceed $1,366,408.60 for On-Call Construction Management Services related to the City’s Capital Improvement Program.

The Council discussed the item and directed questions to staff.

MOTION Councilmember Riggins moved, and Councilmember Stewart seconded a motion to authorize the Mayor to execute Amendment No. 3 to the Professional Services Agreement with Filippin Engineering (Filippin) amending compensation in the amount of $300,000 for a total not to exceed 9 Malibu City Council
Minutes of March 23, 2026

_________________________
$1,366,408.60 for On-Call Construction Management Services related to the City’s Capital Improvement Program. The motion carried unanimously.

11. Letter of Support for the Langley Family
Recommended Action: Adopt Resolution No. 26-14 urging the County of Los Angeles to conduct a comprehensive safety evaluation of Malibu Canyon Road.

The Council discussed the item and directed questions to staff.

MOTION Mayor Silverstein moved, and Councilmember Conrad seconded a motion to adopt Resolution No. 26-14, as amended to revise Recital C to read "The Langley Family, who lost their son in an accident on Malibu Canyon Road, have respectfully requested that Los Angeles County evaluate the safety conditions at this location to help prevent future tragedies," urging the County of Los Angeles to conduct a comprehensive safety evaluation of Malibu Canyon Road. The motion carried unanimously.

ITEM 2 CEREMONIAL/PRESENTATIONS
A. Presentation of Commendation to Candace Bond in Recognition of her Service as Interim City Manager
Mayor Silverstein presented the commendation to Candace Bond.

The Council thanked Ms. Bond for her service.

Ms. Bond thanked the Council for the recognition and discussed her service as Interim City Manager.

ITEM 3 COMMISSION / COMMITTEE / CITY MANAGER UPDATES
Kevin Keegan, Public Works Commission, summarized the Public Works Commission’s activities over the past year. He requested that the Council authorize staff and the Commission to request updates and other information from partner agencies regarding utilities and other infrastructure and to take an advocacy role.

Meril May, Public Safety Commission, provided an update on a California Department of Transportation meeting held at City Hall the previous week and reported that he participated in a tour of the City.

The Council directed questions to Mr. May.

City Manager Irvin reported that Ralphs grocery store was not closing and that related rumors were unfounded. He reported that fuel moisture levels were high and the current fire danger was low, and encouraged residents to sign up for a wildfire home ignition zone inspection with the City’s Fire Liaisons. He reported that Public 10 Malibu City Council
Minutes of March 23, 2026

_________________________
Works staff installed speed humps on Busch Drive and Bonsall Drive and that a multi-agency food truck enforcement operation was conducted in the Malibu area.

He also announced the City’s 35th anniversary celebration and Chumash Days.

Sergeant Chris Soderlund, Los Angeles County Sheriff’s Department, discussed significant incidents and arrests in March 2026. He announced the Lost Hills Station Open House on May 2, 2026.

The Council directed questions to Sergeant Soderlund.

Maryam Zar, Palibu Chamber of Commerce, discussed the Chamber’s fire recovery activities and available grants to support business recovery from the Palisades Fire.

She announced an upcoming board installation event, artificial intelligence summit, resource fair, and recovery expo. She also discussed plans for advocacy with the State and potential partnerships with the City.

ITEM 4.A. PUBLIC COMMENTS
Kevin Keegan discussed surveillance tools becoming more common in daily life and the importance of privacy. He expressed concern regarding speed cameras and other video monitoring in public spaces.

Jo Drummond deferred time to Darren Graves.

Darren Graves proposed a microgrid electrical system in the Palisades Fire burn area, specifically in Big Rock Mesa, linking a microgrid between multiple homes with solar power systems.

Dwayne Hoover discussed the FPPC complaint regarding Dennis Smith and Skylar Peak. He discussed Ann Ravel’s complaint and the FPPC’s determination.

Anne K. presented a video on a news report on the Governor’s race and discussed her run for Governor.

Jacob Loza questioned who retained Ann Ravel to submit a complaint to the FPPC.

He discussed the possible motivation behind the complaint.

Andy Lyon discussed Item No. 1.B.8. and the explanation that the additional cost was caused by the delay to the removal of the temporary skate park. He discussed other delays by the contractor. He suggested electing Planning Commissioners to their office to avoid conflicts of interest.

Bill Sampson stated that Planning Commissioners were not exonerated in the FPPC’ determination letter. He discussed an increase in oversized trucks on Pacific Coast Highway (PCH) and requested additional enforcement.

Sanaa Pharayra discussed upgrades needed at the Malibu Equestrian Park. She 11 Malibu City Council
Minutes of March 23, 2026

_________________________
recommended establishing a long-term lease with SM-MUSD for the park to open up private or non-profit partnership opportunities.

Wade Major discussed the importance of distinguishing between the current and prior California Building Codes for fire rebuilds, as the prior codes were still in effect for fire rebuilds.

RECESS At 7:16 p.m., Mayor Silverstein recessed the meeting. The meeting resumed at 7:31 p.m. with all Councilmembers present.

ITEM 4.B. SUBCOMMITTEE REPORTS / COUNCIL COMMENTS
Mayor Pro Tem Uhring thanked staff for its work on the food truck issue. He discussed the unseasonably warm weather and encouraged the community to look after their neighbors who may need assistance or a cooling center. He encouraged the residents to file letters of agency with the Sheriff’s Department.

Councilmember Conrad thanked staff for work on the food truck issue and graffiti issues. She discussed park closures for red flag events.

In response to Councilmember Conrad, City Manager Irvin stated commission assignments can be addressed through the budget process.

Mayor Silverstein said he would not be able to attend the April 15, 2026 Budget Workshop.

Councilmember Conrad questioned if a roundabout could be installed on Pacific Coast Highway (PCH) at Zuma Beach.

City Manager Irvin stated staff could address that question when the roundabout item came back.

Councilmember Conrad stated that she was working on ways to support medically vulnerable and elderly residents and animals and was organizing a meeting with the City Manager and animal evacuation groups. She expressed interest in learning more about the microgrid proposal and announced the City’s 35th anniversary on March 28, 2026.

Councilmember Stewart reported that he attended a Mountains Recreation and Conservation Authority and Los Angeles County meeting regarding brush and land management in the Santa Monica Mountains. He discussed Los Angeles County’s plans for goat grazing to clear brush along certain roads and trails and the progress made in that area. He discussed the FPPC complaint and stated that Councilmembers Riggins and Grisanti, as well as the Planning Commissioners, were cleared. He discussed the Community Brigade lawsuit filed the previous week and encouraged the parties to resolve the issues through mediation. 12 Malibu City Council
Minutes of March 23, 2026

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Councilmember Riggins discussed the FPPC’s response to the investigation and its no-action closure letter. She thanked Skylar Peak for his service as her Planning Commission appointee. She reported that she attended a California Department of Transportation Commission meeting with City Manager Irvin. In response to Mr.

Lyon, Councilmember Riggins clarified that the amendment was for management services and not for the project contractor. She stated she attended a Los Angeles County Library Commission meeting.

Mayor Silverstein addressed the comments made by Mr. Hoover and Mr. Loza. He stated that he had one email exchange with Ms. Ravel after receiving a copy of her letter submitted to the FPPC and read the communication. He discussed his concerns regarding potential conflicts of interest when someone approves a project from which they could indirectly benefit and discussed the FPPC’s closure letter.

ITEM 5 ORDINANCES AND PUBLIC HEARINGS
A. Zoning Text Amendment No. 25-003 – An amendment incorporating new state law and clarifications to Title 17 (Zoning) of the Malibu Municipal Code to update regulations related to Accessory Dwelling Units
Recommended Action: Continue the item to a date uncertain.

This item was continued to a date uncertain.

ITEM 6 OLD BUSINESS
None.

ITEM 7 NEW BUSINESS
A. After-Action Review of the City’s Response to the Franklin and Palisades Fires Recommended Action: Receive and file a report on the After-Action Review of the City’s Response to the Franklin and Palisades Fires.

Public Safety Director Dueñas and Emergency Services Coordinator Flores presented the staff report.

Mayor Silverstein opened the floor to public comment.

The Council directed questions to staff.

Speakers: Jo Drummond (Darren Graves deferred time to Jo Drummond), and Ryan As there were no other speakers present, Mayor Silverstein returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff. 13 Malibu City Council
Minutes of March 23, 2026

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Without objection, Mayor Silverstein received and filed a report on the AfterAction Review of the City’s response to the Franklin and Palisades Fires.

ITEM 8 COUNCIL ITEMS
None.

ADJOURNMENT
Mayor Silverstein adjourned the meeting at 8:56 p.m.

Approved and adopted by the City Council of the
City of Malibu on __________.
_________________________________
BRUCE SILVERSTEIN, Mayor
ATTEST:
_________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
14 MINUTES

MALIBU CITY COUNCIL

REGULAR MEETING
APRIL 13, 2026

COUNCIL CHAMBERS
5:30 P.M.

MEETING CALL TO ORDER
Mayor Silverstein called the meeting to order at 4:02 p.m.

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

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

PUBLIC COMMENT ON CLOSED SESSION
Mayor Silverstein opened the floor to public comment.

Speakers: Anne K.

RECESS TO CLOSED SESSION
At 4:06 p.m., the Council recessed to Closed Session to discuss the following items listed on the Closed Session agenda:

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)
Conference with Legal Counsel – Existing litigation pursuant to Government Code Section 54956.9(d)(1):

1. City of Malibu v. State of California, et al., Case No. 26STCV05031

2. YIMBY v. Newsom, et al., LASC Case No. 25STCP04761

REGULAR SESSION CALL TO ORDER
Mayor Silverstein called the meeting to order at 5:36 p.m.

ROLL CALL
The following persons were recorded in attendance by the Recording Secretary:
15 ATTACHMENT 3
Malibu City Council
Minutes of April 13, 2026

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

ALSO PRESENT: Trevor Rusin, Interim City Attorney; Joseph Irvin, City Manager; Rob DuBoux, Interim Assistant City Manager; Kelsey Pettijohn, City Clerk; Yolanda Bundy, Community Development Director; Susan Dueñas, Public Safety Director; Tatiana Holden, Interim Public Works Director; Parker Davis, Media Technician; Alicia Freeman, Human Resources Manager; Gregory Kajszo, Assistant to the City Manager; Christina Muñoz, Deputy City Clerk; Courtney Brown, Senior Planner; Tyler Eaton, Assistant Community Development Director; Austin Anderson, Senior Management Analyst; Gabriel Etcheverry, Fire Safety Liaison; Luis Flores, Senior Management Analyst; Sarah Flores, Emergency Services Coordinator; Carrie Rios, Code Enforcement Manager; and Noah Tabbay, Administrative Assistant.

PLEDGE OF ALLEGIANCE
Councilmember Conrad led the Pledge of Allegiance.

CLOSED SESSION REPORT
Interim City Attorney Rusin reported that the meeting convened at 4:00 p.m., after which time the City Council recessed to a Closed Session pursuant to Government Code Section 54956.9, with all Councilmembers present. He stated the Council discussed the items on the Closed Session agenda and took no reportable action taken, except for one action. He reported that by a vote of 4-0, with Councilmember Conrad recused due to the location of her home, the Council directed the City Attorney to initiate litigation pursuant to Government Code section 54956.9(d)(4). The action, the defendants and the particulars shall, once formally commenced, be disclosed to any person upon inquiry, unless to do so would jeopardize the City’s ability to effectuate service of process on one or more unserved parties, or it would jeopardize the City’s ability to conclude existing settlement negotiations to its advantage

REPORT ON POSTING OF AGENDA
City Clerk Pettijohn reported that the agenda for the meeting was properly posted on April 3, 2026.

APPROVAL OF AGENDA
MOTION Mayor Pro Tem Uhring moved, and Councilmember Conrad seconded a motion to approve the agenda. The motion carried unanimously.

ITEM 1 CONSENT CALENDAR
Mayor Silverstein opened the floor to public comment.

Michel Shane declined the opportunity to speak.
16 Malibu City Council
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_________________________
Scott Dittrich declined the opportunity to speak.

Meril Maye declined the opportunity to speak.

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

Item Nos. 1.B.4. and 1.B.7. were pulled by the Council.

MOTION Councilmember Riggins moved, and Councilmember Stewart seconded a motion to approve the Consent Calendar, pulling Item Nos. 1.B.4. and 1.B.7. The motion carried unanimously.

The Consent Calendar consisted of the following items:

A. Previously Discussed Items

1. Appeal of Planning Commission Resolution No. 25-78 Regarding Coastal Development Permit No. 25-041 (within the Pacific Coast Highway public right-of-way between Broad Beach Road and La Piedra Beach Road, Owner: California Department of Transportation; Appellant: Dr. Thomas G. Diamantidis)
Recommended Action: Adopt Resolution No. 26-10 denying Appeal No. 26-001, determining project is exempt from the California Environmental Quality Act, and approving Coastal Development Permit (CDP) No. 25- 041, an application for a pilot project for temporary improvements within the Pacific Coast Highway public right-of-way between Broad Beach Road and La Piedra Beach Road, including lane reductions, signage, and the installation of two roundabouts with safety lighting at the intersection of El Matador Beach Road and Encinal Canyon Road, between post mile 58.4 and 59.9, as recommended in the 2015 Pacific Coast Highway (PCH) Safety Study conducted by the City of Malibu in partnership with the California Department of Transportation (Caltrans) (City of Malibu Public Works Department and Caltrans).

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.

2. Approve Warrants
Recommended Action: Allow and approve warrant demand numbers 78399-78695 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. 787 in the amount of the warrant appearing opposite their names, for the purposes stated on the respective demands in a total amount of $4,365,904.65. City of Malibu payroll check number 5568-5571 and ACH deposits were issued in the amount of $1,115,067.84.

3. Approval of Minutes
17 Malibu City Council
Minutes of April 13, 2026

_________________________
Recommended Action: Approve the minutes for the August 11, 2025 Regular Meeting and August 18, 2025 Special Meeting.

5. Renewal of General Services Agreement with the County of Los Angeles Recommended Action: 1) Adopt Resolution No. 26-15 approving a General Services Agreement (GSA) between the City of Malibu and the County of Los Angeles through June 30, 2031 and determining the same be exempt from the California Environmental Quality Act; and 2) Authorize the Mayor to execute the GSA with the County of Los Angeles

6. Amendments to Agreements for Solid Waste Consulting Services Recommended Action: 1) Authorize the Mayor to execute Amendment No. 1 to Agreement with Solid Waste Solutions, Inc. as a primary consultant; and 2) Authorize the Mayor to execute Amendment No. 1 to Agreement with SCS Engineers as a secondary consultant.

8. Investment Report for the Month Ending February 28, 2026 Recommended Action: Receive the Investment Report for the month ending February 28, 2026.

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

4. Professional Services Agreement for City Hall Audio-Visual and Broadcast System Upgrade Project
Recommended Action: 1) Authorize the Mayor to execute a Professional Services Agreement with Western A/V in the amount of $272,329.52 to upgrade the City Hall Audio-Visual and Broadcast System; and 2) authorize the Interim Public Works Director to approve any potential change orders up to $50,000.

The Council discussed the item and directed questions to staff.

MOTION Councilmember Riggins moved, and Councilmember Conrad seconded a motion to: 1) authorize the Mayor to execute a Professional Services Agreement with Western A/V in the amount of $272,329.52 to upgrade the City Hall Audio-Visual and Broadcast System; and 2) authorize the Interim Public Works Director to approve any potential change orders up to $50,000. The motion carried unanimously.

7. Amendment to Agreement with Granicus, LLC to Provide Short-Term Rental Host Compliance Services
Recommended Action: Authorize the Mayor to execute Amendment No. 4 to the Professional Services Agreement with Granicus, LLC for short-term rental administration.

The Council discussed the item and directed questions to staff.

MOTION Councilmember Stewart moved, and Councilmember Riggins seconded a motion to authorize the Mayor to execute Amendment No. 4 to the 18 Malibu City Council
Minutes of April 13, 2026

_________________________
Professional Services Agreement with Granicus, LLC for short-term rental administration. The motion carried unanimously.

ITEM 2 CEREMONIAL/PRESENTATIONS
A. State Parks Fire Prevention Programs
Angeles District Superintendent Richard Fink, California State Parks, presented an update on California State Parks defensible space program and the Malibu Pier repairs.

The Council directed questions to Angeles District Superintendent Fink.

B. Proclamation Declaring April 19-25, 2026 National Volunteer Appreciation Week Mayor Silverstein presented the proclamation to Public Safety Director Dueñas.

ITEM 3 COMMISSION / COMMITTEE / CITY MANAGER UPDATES
City Manager Irvin announced that construction and repairs at the Zuma Beach Underpass were underway. He provided an update on Southern California Edison (SCE) undergrounding efforts, noting that telecommunications providers were not required to underground their facilities with the electrical lines, but that staff was working with all parties to encourage undergrounding. He announced a one-stop shop permit counter to centralize permitting services. He clarified information regarding allowable deferred property tax payments and potential penalties appearing on Los Angeles County websites.

In response to Councilmember Conrad, Community Development Director Bundy provided more information on the one-stop shop permit counter.

City Manager Irvin explained that there would be more announcements about fire prevention programs, potentially including controlled burns and training for evacuations.

Sergeant Chris Soderlund, Los Angeles County Sheriff’s Department, presented the monthly crime report and discussed significant incidents. He announced a Lost Hills Station open house on May 12, 2026, and stated that Beach Team operations would begin at the end of May.

The Council directed questions to Sergeant Soderlund.

Ranger Tim Pera, Mountains Recreation Conservation Authority, presented the monthly ranger report with citation statistics.

The Council directed questions to Ranger Pera.
19 Malibu City Council
Minutes of April 13, 2026

_________________________
ITEM 4.A. PUBLIC COMMENTS
Darren Graves deferred time to Danny Smith.

Danny Smith invited City Manager Irvin to the weekly fire rebuild zone captain meetings. He discussed obstacles and delays to rebuilding.

Meril May discussed small home improvements that could contribute to fire prevention,, encouraged compliance with the speed limit on Pacific Coast Highway, discussed upcoming paving on Corral Canyon Road, and identified palm trees near HRL as a potential fire hazard.

Monica Elnekaveh discussed dangers for pedestrians walking along PCH near Winding Way. She requested scheduling an item to evaluate the parking, pedestrians, and access to the trailhead.

Anne Komarovsk discussed her run for Governor of California.

Howard Beale discussed allegations concerning Mayor Silverstein’s involvement in a treasure fraud case.

Jo Drummond discussed obstacles and delays to rebuilding.

Colin Drummond requested speakers be required to identify themselves by name.

He discussed recent thefts in the Big Rock area and how one of the perpetrators was identified.

Crystal Falls discussed the horse-riding classic she was organizing. She discussed her 3D construction print company.

ITEM 4.B. SUBCOMMITTEE REPORTS / COUNCIL COMMENTS
Mayor Pro Tem Uhring stated he received a number of emails from the Rebuild Task Force about water issues and discussed Water District No. 29 improvement plans.

Councilmember Conrad indicated support for horse events in Malibu. She stated she assisted in planning an emergency preparedness event in Topanga for large animal owners.

In response to Councilmember Conrad, Interim Assistant City Manager DuBoux explained that he confirmed today Water District No. 29 was working on replacing the Busch tank and construction would start in September.

Councilmember Riggins thanked those who worked on repairs and reopening of the Zuma Beach Underpass. She reported she attended the groundbreaking for the Las Virgenes Municipal Water District Pure Water Project in Agoura Hills, a ribbon20 Malibu City Council
Minutes of April 13, 2026

_________________________
cutting for the Council of Governments fiber-optic project connecting member cities, a Library Subcommittee meeting to review proposals for the use of library set-aside funds, and, with Mayor Pro Tem Uhring and Councilmember Stewart, a groundbreaking for water infrastructure in Carbon Canyon. She warned the public about fraudulent requests impersonating the City and requesting payment of fees.

She requested that the meeting be adjourned in memory of Sheriff’s Deputy Levi Vargus.

Councilmember Stewart discussed the backlog of planning appeals and encouraged parties to resolve their differences when possible. He stated he attended a meeting of homeowners association and property owners association leaders, aa Winding Way Property Owners Association meeting with City Manager Irvin and Councilmember Conrad,, the Carbon Mesa water infrastructure groundbreaking, and an Administration and Finance Subcommittee meeting with Mayor Silverstein.

He also reported attending, with Councilmember Conrad, the monthly update on critical brush and land-management projects in the Santa Monica Mountains and announced an upcoming brush pile burn near Topanga Canyon.

Mayor Silverstein stated he attended a meeting with Calstrat, the Chumash Powwow, and an Administration and Finance Subcommittee meeting. He also reported meeting with the Governor’s Office and City Manager Irvin to discuss supplemental funding for fire recovery. In response to Ms. Falls, he expressed support for her event and recommended that she meet with relevant Community Services staff and representatives of other agencies. He commented on the Council’s obligation to allow public comment.

RECESS At 7:27 p.m., Mayor Silverstein recessed the meeting. The meeting resumed at 7:46 p.m. with all Councilmembers present.

ITEM 5 ORDINANCES AND PUBLIC HEARINGS
A. Adoption of Safety Element Update to the City of Malibu General Plan (General Plan Amendment No. 24-002)
Recommended Action: Adopt Resolution No. 26-16, determining that the project is exempt from the California Environmental Quality Act (CEQA), incorporating the Las Virgenes Malibu Council of Governments Multi-Jurisdictional Hazard Mitigation Plan into the Safety Element Update of the City of Malibu General Plan by reference, and adopting General Plan Amendment (GPA) No. 24-002 to adopt the Safety Element Update to the City of Malibu General Plan consistent with all applicable State Safety Element laws.

Public Safety Director Dueñas and consultant Allison Cook presented the staff report.

The Council directed questions to staff.

Mayor Silverstein opened the floor to public comment.
21 Malibu City Council
Minutes of April 13, 2026

_________________________
Speakers: Patt Healy, Jo Drummond, Anne Komarovsky
As there were no other speakers present, Mayor Silverstein returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff.

MOTION Mayor Silverstein moved, and Councilmember Stewart seconded a motion to adopt Resolution No. 26-16, as amended to add section 3.3.13b, determining that the project is exempt from the California Environmental Quality Act (CEQA), incorporating the Las Virgenes Malibu Council of Governments MultiJurisdictional Hazard Mitigation Plan into the Safety Element Update of the City of Malibu General Plan by reference, and adopting General Plan Amendment (GPA) No. 24-002 to adopt the Safety Element Update to the City of Malibu General Plan consistent with all applicable State Safety Element laws.

FRIENDLY AMENDMENT
Councilmember Conrad moved to direct the City Manager to bring back more information on the related resilience and safety measures The maker and the seconder accepted the friendly amendment.

The amended motion carried unanimously.

ITEM 6 OLD BUSINESS
None.

ITEM 7 NEW BUSINESS
A Parking Enforcement Contract Amendment and Extension
Recommended Action: 1) Receive a presentation on the City’s Parking Enforcement Program since its inception; 2) Authorize the Mayor to execute Amendment No. 1 to the Professional Services Agreement with LAZ Parking, expanding the scope of work, extending the agreement an additional three years, and increasing the total compensation for services to $3,762,557 for the full term of the agreement.

Senior Management Analyst Flores presented the staff report.

The Council directed questions to staff.

Mayor Silverstein opened the floor to public comment. As there were no speakers present, Mayor Silverstein returned the matter to the table for discussion. 22 Malibu City Council
Minutes of April 13, 2026

_________________________
The Council discussed the item and directed questions to staff.

MOTION Councilmember Stewart moved to authorize the Mayor to execute Amendment No. 1 to the Professional Services Agreement with LAZ Parking, expanding the scope of work, extending the agreement an additional three years, and increasing the total compensation for services to $3,762,557 for the full term of the agreement.

The Council discussed the item and directed questions to staff.

Councilmember Riggins seconded the motion.

The Council discussed the item and directed questions to staff.

The motion carried unanimously.

B. Los Angeles County’s Essential Services Restoration Act & AB 1768 Discussion and Direction
Recommended Action: 1) Discuss and provide direction on whether the City of Malibu should take a formal position on the Essential Services Restoration Act ballot measure and AB 1768, both of which could increase the local sales tax rate, and 2) Authorize the Mayor to send a letter, in a form approved by the City Manager and City Attorney, to the County of Los Angeles reflecting the Council’s position.

Assistant to the City Manager Kajszo presented the staff report.

Mayor Silverstein opened the floor to public comment.

Speaker: Jo Drummond
As there were no other speakers present, Mayor Silverstein returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff.

MOTION Mayor Silverstein moved, and Mayor Pro Tem Uhring seconded a motion to authorize Councilmember Riggins, as the City’s representative on Las VirgenesMalibu Council of Governments Governing Board (COG), to support any opposition from the COG to the Essential Services Restoration Act ballot measure or AB 1768. The motion carried unanimously.

ITEM 8 COUNCIL ITEMS
None.

ADJOURNMENT
Mayor Silverstein adjourned the meeting at 9:27 p.m. in memory of Deputy Levi Vargus. 23 Malibu City Council
Minutes of April 13, 2026

_________________________
Approved and adopted by the City Council of the
City of Malibu on __________.
_________________________________
BRUCE SILVERSTEIN, Mayor
ATTEST:
_________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
24 MINUTES

MALIBU CITY COUNCIL

SPECIAL MEETING
APRIL 15, 2026

COUNCIL CHAMBERS
2:00 P.M.

MEETING CALL TO ORDER
Mayor Pro Tem Uhring called the meeting to order at 2:04 p.m.

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

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

ABSENT: Mayor Bruce Silverstein.

ALSO PRESENT: Trevor Rusin, Interim City Attorney; Joseph Irvin, City Manager; Rob DuBoux, Interim Assistant City Manager; Christopher Smith, Assistant City Manager; Kelsey Pettijohn, City Clerk; Kristin Riesgo, Community Services Director; Yolanda Bundy, Community Development Director; Susan Dueñas, Public Safety Director; Tatiana Holden, Interim Public Works Director; Parker Davis, Media Technician; Alicia Freeman, Human Resources Manager; Gregory Kajszo, Assistant to the City Manager; Jason Lawrence, Deputy City Clerk; and Patricia Salazar, Deputy Community Development Director.

PLEDGE OF ALLEGIANCE
Jo Drummond led the Pledge of Allegiance.

REPORT ON POSTING OF AGENDA
City Clerk Pettijohn reported that the agenda for the meeting was properly posted on April 9, 2026.

APPROVAL OF AGENDA
MOTION Councilmember Riggins moved, and Councilmember Stewart seconded a motion to approve the agenda. The motion carried unanimously.

ITEM 1 NEW BUSINESS
A. Fiscal Year 2026-27 Budget Workshop
Recommended Action: 1) Review the five-year financial forecast and provide direction to staff to develop the proposed FY 2026-27 budget; 2) Provide direction on various strategies presented to develop a balanced budget; 3) Provide direction on updating the City’s fee schedule; and 4) Provide direction on priorities for the 25 ATTACHMENT 4
Malibu City Council
Minutes of April 15, 2026

_________________________
City’s capital improvement program.

City Manager Irvin, Assistant City Manager Smith, Interim Public Works Director Holden, and Sunstone Consultant John Keisler presented the staff report.

Mayor Pro Tem Uhring opened the floor to public comment.

Speaker: Jo Drummond
As there were no other speakers present, Mayor Pro Tem Uhring returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff.

CONSENSUS
By consensus, the Council directed staff to bring back a revised parking fine schedule including the fine increases recommended by the Public Safety Commission.

Mayor Pro Tem Uhring reopened the floor to public comment.

Speaker: Jo Drummond
As there were no other speakers present, Mayor Pro Tem Uhring returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff.

CONSENSUS
By consensus, the Council directed staff to bring back a fee schedule based on the Administration and Finance Subcommittees May 2025 recommendation with costof-living adjustments since the study was complete The Council discussed the item and directed questions to staff.

CONSENSUS
By consensus, the Council directed staff to 1) prepare a draft budget for Fiscal Year (FY) 2026-27 following the 10% budget reduction model; 2) explore new revenue streams; 3) defer the land management system project, cancel the Malibu Community Labor Exchange project, and defer the Latigo Retaining Wall project; 4) include funding for the construction of the Bluffs Park Snack Shack project in the FY 2026-27 budget

ADJOURNMENT
Mayor Pro Tem Uhring adjourned the meeting at 4:48 p.m. 26 Malibu City Council
Minutes of April 15, 2026

_________________________
Approved and adopted by the City Council of the
City of Malibu on __________.
_________________________________
BRUCE SILVERSTEIN, Mayor
ATTEST:
_________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
27 City of Malibu
Memorandum

Agenda Item # 1.B.12.

To: Mayor Silverstein and the Honorable Members of the City Council From: Ruth F. Quinto, CPA, City Treasurer
Subject: Investment Report for the Month Ending August 31, 2026 RECOMMENDED ACTION: Receive the Investment Report for the month ending August 31, 2026.

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 21.82%
U.S. Treasury 72.46%
U.S. Agencies 0.00%
Certificates of Deposit 5.72%
Investments month to month:

Investment
Issuer/Instrument Type
July 31, 2026 August 31, 2026
Amount
(in millions) Yield(A) %
Amount
(in millions) Yield(A) %
Operating Cash Cash $17.68 3.19% 20.83% $8.54 3.19% 10.43% LAIF Cash $2.58 3.85% 3.04% $8.58 3.87% 10.48%
CDs Investment $4.94 3.93% 5.82% $4.69 3.93% 5.72%
Treasury Bills Investment $0.00 0.00% 0.00% $0.00 0.00% 0.00% Treasury Notes Investment $59.39 3.85% 70.00% $59.33 3.85% 72.46% Treasury STRIPS Investment $0.00 0.00% 0.00% $0.00 0.00% 0.00% Money Market Cash $0.26 3.52% 0.31% $0.75 3.68% 0.91%
Total/Blended Yield 3.72% 3.79%
Total Duration(Years) 2.14 2.13
(A)Yield is based on Purchase Yield for Treasury Bills
Two-Year U.S. Treasury Note Benchmark, as of August 31, 2026: 4.34%.

The fair market value of all investments held by the City is $81,884,903 as of August 31, 2026.

ATTACHMENTS:

1. City of Malibu Investment Statement

2. City of Malibu Portfolio Analysis Statement
City Council Meeting
09-28-26
Item

1.B.4
1 SNAPSHOT
Current period ending August 31, 2026
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 Message from Our Firm
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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-09172027-5310870 ATTACHMENT 1 072 ANCA ANC9
2 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.
3 4
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CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
ACCOUNT NUMBER:

Cash flow summary THIS PERIOD THIS YEAR
Opening value of cash and sweep balances $23.54
Income and distributions 233,458.22 1,409,193.26
Securities sold and redeemed 250,000.00 27,182,353.00
Net additions to cash $483,458.22 $28,591,546.26
Securities purchased -483,439.01 -22,459,280.88
Electronic funds transfers 0.00 -6,175,000.00
Net subtractions from cash -$483,439.01 -$28,634,280.88 Closing value of cash and sweep balances $42.75
Income summary * THIS PERIOD THIS YEAR
TAXABLE Money market/sweep funds 128.92 8,344.17
Interest 233,040.29 1,383,954.19
Ordinary dividends and ST capital gains 289.01 15,618.32 Total taxable income $233,458.22 $1,407,916.68
Total federally tax-exempt income $0.00 $0.00
Total income $233,458.22 $1,407,916.68
* 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. The figures presented in "THIS PERIOD" reflect income for the current month only. For a comprehensive view of cumulative income for this statement period, please refer to the "THIS YEAR", and the detailed information provided within this statement.

Gain/loss summary UNREALIZED THIS PERIOD REALIZED THIS YEAR REALIZED Short term (S) -759,651.91 0.00 0.00
Long term (L) 725,532.35 0.00 0.00
Total -$34,119.56 $0.00 $0.00

SNAPSHOT
072 ANCA ANC9
5 SNAPSHOT Page 3 of 19

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
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 -432,450.00 Tax documents: X
Money market and sweep funds 432,492.75 Shareholder communications: X Available for loan 0.00 Other documents: X
Your total available funds $42.75

SNAPSHOT
072 ANCA ANC9
6

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
ACCOUNT NUMBER:

Bond maturity schedule % OF
MATURING IN: AMOUNT MATURING CURRENT VALUE MATURING VALUE under 1 year 6,195,000.00 6,154,102.00 9.38
60,000,00 1 to 5 years 59,821,000.00 57,863,511.53 90.62 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 $66,016,000.00 $64,017,613.53 100.00%
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 26,085.62 Gross proceeds 250,000.00 27,156,267.38 Accrued interest on purchases 0.00 -74,940.23
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 (%) Cash -0.67 -432,450.00 0.00 N/A
ALLSPRING 0.67 432,492.75 14,402.00 3.33

GOVERNMENT MONEY MARKET
Interest Period 08/01/26 - 08/31/26
Total Cash and Sweep Balances 0.00 $42.75 $14,402.00
072 ANCA ANC9
Amount Maturing
7

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
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 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 3.06 2,000,000 96.45 1,929,066.00 99.1320 1,982,640.00 53,574.00 21,038.25 50,000 2.52

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 3.43 2,245,000 95.32 2,139,978.18 98.9000 2,220,305.00 80,326.82 14,974.33 58,931 2.65

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 2.89 1,894,000 98.59 1,867,461.42 98.9420 1,873,961.48 6,500.06 160.84 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 4.38 2,985,000 88.91 2,654,128.14 95.1010 2,838,764.85 184,636.71 12,572.69 37,313 1.31 072 ANCA ANC9
8

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
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 4.375% DUE 08/31/28
DTD 08/31/23 FC 02/29/24
Moody AA1
CUSIP 91282CHX2
Acquired 03/31/26 S 3.24 2,100,000 101.47 2,130,915.13 100.0580 2,101,218.00 -29,697.13 249.66 91,875 4.37 101.76 2,136,970.28

US TREASURY
NOTES
CPN 3.500% DUE 11/15/28
DTD 11/15/25 FC 05/15/26
Moody AA1
CUSIP 91282CPK1
Acquired 05/15/26 S 4.44 2,928,000 99.00 2,899,001.50 98.1870 2,874,915.36 -24,086.14 30,354.13 102,480 3.56

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 7.32 5,075,000 88.22 4,477,363.89 93.4100 4,740,557.50 263,193.61 11,946.24 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 2.32 1,565,000 92.50 1,447,763.07 96.2100 1,505,686.50 57,923.43 15,160.94 44,994 2.98

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 L 7.38 5,025,000 94.85 4,766,494.32 95.1710 4,782,342.75 15,848.43 11,470.11 131,906 2.75 072 ANCA ANC9
9

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
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 09/30/29
DTD 09/30/24 FC 03/31/25
Moody AA1
CUSIP 91282CLN9
Acquired 09/17/25 S 7.38 4,910,000 100.23 4,921,593.46 97.3780 4,781,259.80 -140,333.66 72,308.47 171,850 3.59 100.30 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 L 4.57 3,000,000 99.61 2,988,405.43 98.7460 2,962,380.00 -26,025.43 40,434.79 120,000 4.05

US TREASURY
NOTES
CPN 3.875% DUE 11/30/29
DTD 11/30/22 FC 05/31/23
Moody AA1
CUSIP 91282CFY2
Acquired 05/15/26 S 4.34 2,860,000 99.55 2,847,351.50 98.3240 2,812,066.40 -35,285.10 28,160.45 110,825 3.94

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 L 7.44 4,965,000 96.82 4,807,135.54 97.0230 4,817,191.95 10,056.41 15,110.88 173,775 3.60

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 L 7.49 5,350,000 89.17 4,770,769.19 90.6830 4,851,540.50 80,771.31 3,707.20 80,250 1.65 072 ANCA ANC9
10

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
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 4.125% DUE 08/31/30
DTD 08/31/23 FC 02/29/24
Moody AA1
CUSIP 91282CHW4
Acquired 09/17/25 S 7.42 4,864,000 102.28 4,975,092.02 98.7460 4,803,005.44 -172,086.58 545.22 200,640 4.17 102.77 4,999,211.02

US TREASURY
NOTES
CPN 4.000% DUE 01/31/31
DTD 01/31/24 FC 07/31/24
Moody AA1
CUSIP 91282CJX0
Acquired 02/23/26 S 8.10 5,350,000 102.29 5,472,826.26 98.0500 5,245,675.00 -227,151.26 18,608.69 214,000 4.07 102.54 5,485,972.22

US TREASURY
NOTES
CPN 4.125% DUE 03/31/31
DTD 03/31/24 FC 09/30/24
Moody AA1
CUSIP 91282CKF7
Acquired 03/31/26 S 6.39 4,200,000 101.34 4,256,388.04 98.4880 4,136,496.00 -119,892.04 72,897.54 173,250 4.18 101.45 4,261,038.25
Total Government Bonds 91.61 61,316,000 $59,351,733.0 $59,330,006.53 -$21,726.56 $369,700.43 $1,891,058 3.19 9 $59,403,000.3
9 072 ANCA ANC9
11

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
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.

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 (%) 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 09/29/26 @ 100.000
CUSIP 88241TMC1
Acquired 10/22/21 L 0.38 250,000 100.00 250,000.00 99.5430 248,857.50 -1,142.50 22.60 2,750 1.10

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 0.31 200,000 100.00 200,000.00 100.2160 200,432.00 432.00 2,956.44 9,900 4.93

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 0.38 250,000 100.00 250,000.00 99.2510 248,127.50 -1,872.50 189.04 2,875 1.15

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 0.39 250,000 100.00 250,000.00 100.0460 250,115.00 115.00 499.32 10,125 4.04

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 0.39 250,000 100.00 250,000.00 100.2820 250,705.00 705.00 5,482.20 11,500 4.58 072 ANCA ANC9
12

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
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 (%)

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 0.39 250,000 100.00 250,000.00 100.2550 250,637.50 637.50 5,054.79 11,250 4.48

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 0.39 250,000 100.00 250,000.00 100.3980 250,995.00 995.00 2,016.44 11,500 4.58

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 0.39 250,000 100.00 250,000.00 100.5150 251,287.50 1,287.50 1,931.51 11,750 4.67

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 0.38 250,000 100.00 250,000.00 97.2720 243,180.00 -6,820.00 68.50 5,000 2.05

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 L 0.39 250,000 100.00 250,000.00 99.7780 249,445.00 -555.00 4,355.14 10,125 4.05 072 ANCA ANC9
13

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
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 (%)

BANK OF AMERICA NA CD
CHARLOTTE NC ACT/365

FDIC INSD
CPN 3.950% DUE 04/24/28
DTD 04/22/26 FC 10/22/26
CUSIP 06051X6T4
Acquired 04/15/26 S 0.38 250,000 100.00 250,000.00 99.6300 249,075.00 -925.00 3,571.24 9,875 3.96

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 L 0.39 250,000 100.00 250,000.00 99.9290 249,822.50 -177.50 117.81 10,750 4.30

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 0.39 250,000 100.00 250,000.00 100.8440 252,110.00 2,110.00 3,830.82 11,750 4.66

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 0.39 250,000 100.00 250,000.00 100.8440 252,110.00 2,110.00 3,830.82 11,750 4.66

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 0.39 250,000 100.00 250,000.00 100.6810 251,702.50 1,702.50 2,993.84 11,625 4.61 072 ANCA ANC9
14

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
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 (%)

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 0.39 250,000 100.00 250,000.00 100.2880 250,720.00 720.00 2,003.42 11,250 4.48

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 L 0.38 250,000 100.00 250,000.00 99.3920 248,480.00 -1,520.00 174.66 10,625 4.27

GOLDMAN SACHS BK USA CD
NEW YORK NY ACT/365

FDIC INSD
CPN 4.000% DUE 04/21/31
DTD 04/21/26 FC 10/21/26
CUSIP 38151PMN8
Acquired 04/15/26 S 0.38 250,000 100.00 250,000.00 97.9620 244,905.00 -5,095.00 3,643.84 10,000 4.08

STATE BANK OF INDIA CD
NEW YORK NY ACT/365

FDIC INSD
CPN 4.000% DUE 04/22/31
DTD 04/22/26 FC 10/22/26
CUSIP 856288FQ3
Acquired 04/15/26 S 0.38 250,000 100.00 250,000.00 97.9600 244,900.00 -5,100.00 3,616.44 10,000 4.08 Total Certificates of Deposit 7.24 4,700,000 $4,700,000.00 $4,687,607.00 -$12,393.00 $46,358.87 $184,400 3.93 Total Fixed Income Securities 98.85 $64,051,733.0 $64,017,613.53 -$34,119.56 $416,059.30 $2,075,458 3.24 9 $64,103,000.3
9 ^ 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
15

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
ACCOUNT NUMBER:

Mutual Funds
If a portion of your fund position was converted, the 'Client Investment' value may include reinvestments from previously held positions.

Open End Mutual Funds
Open End Mutual Fund shares are priced at net asset value. Estimated Annual Income and Yield refer to Dividends and Interest Income only, and typically do not reflect Total return.

Although retail and government money market funds seek to preserve a net asset value (NAV) of $1.00 per share, in a negative interest rate environment, the fund's net asset value (NAV) may float to the nearest 1/100th of a cent (i.e., $0.9999). When the NAV is floating, the value of your investment will fluctuate and lose value.

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

FIDELITY FUNDS

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
FRSXX
On Reinvestment
Acquired 06/30/26 S 505.72000 1.00 505.72 505.72 0.00
Acquired 07/31/26 S 261,670 1.00 261,670.00 261,670.00 0.00 Acquired 08/26/26 S 50,700 1.00 50,700.00 50,700.00 0.00 Acquired 08/31/26 S 432,450 1.00 432,450.00 432,450.00 0.00 Reinvestments S 399.49000 1.00 399.49 399.49 0.00
Total 1.15 745,725.21000 $1.00 $745,725.21 1.0000 $745,725.21 $0.00 $27,443 3.68 Client Investment (Excluding Reinvestments) $745,325.72 Gain/Loss on Client Investment (Including Reinvestments) $399.49 Total Open End Mutual Funds 1.15 $745,725.21 $745,725.21 $0.00 $27,443 3.68 Total Mutual Funds 1.15 $745,725.21 $745,725.21 $0.00 $27,443 3.68 Activity detail
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 08/03 Cash DIVIDEND FIDELITY FUNDS 289.01

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
073126 262,286.20000
AS OF 7/31/26
072 ANCA ANC9
16

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
ACCOUNT NUMBER:

Activity detail continued
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 08/10 Cash INTEREST UBS BANK USA CD 244.18
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 1.150% DUE 12/08/26
DTD 12/08/21 FC 01/08/22
080826 250,000
AS OF 8/08/26
CUSIP 90348JX96
08/14 Cash INTEREST CALPRIVATE BANK CD 5,020.89
LA JOLLA CA ACT/365

FDIC INSD
CPN 4.050% DUE 02/16/27
DTD 08/14/24 FC 02/14/25
081426 250,000
CUSIP 13135NCY4
08/17 Cash INTEREST US TREASURY 40,125.00
NOTES
CPN 1.500% DUE 02/15/30
DTD 02/15/20 FC 08/15/20
081526 5,350,000
AS OF 8/15/26
CUSIP 912828Z94
08/26 Cash INTEREST MORGAN STANLEY BK NA CD 5,268.84
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 4.250% DUE 02/26/30
DTD 02/26/25 FC 08/26/25
082626 250,000
CUSIP 61690DS33
08/27 Cash INTEREST CELTIC BANK CD 424.66
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 2.000% DUE 12/27/27
DTD 12/27/19 FC 01/27/20
082726 250,000
CUSIP 15118RTH0
072 ANCA ANC9
17

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
ACCOUNT NUMBER:

Activity detail continued
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 08/28 Cash INTEREST BARCLAYS BANK/DELAWAR CD 4,958.90
WILMINGTON DE ACT/365

FDIC INSD
CPN 4.000% DUE 08/28/26
DTD 08/28/24 FC 02/28/25
082826 250,000
CUSIP 06740KSW8
08/28 Cash INTEREST UNIVEST BANK & TR CO CD 913.01
SOUDERTON PA ACT/365

FDIC INSD
CPN 4.300% DUE 02/28/29
DTD 02/28/25 FC 03/28/25
082826 250,000
CUSIP 91527PCP0
08/31 Cash INTEREST US TREASURY 100,320.00
NOTES
CPN 4.125% DUE 08/31/30
DTD 08/31/23 FC 02/29/24
083126 4,864,000
CUSIP 91282CHW4
08/31 Cash INTEREST US TREASURY 45,937.50
NOTES
CPN 4.375% DUE 08/31/28
DTD 08/31/23 FC 02/29/24
083126 2,100,000
CUSIP 91282CHX2
08/31 Cash INTEREST US TREASURY 29,593.75
NOTES
CPN 3.125% DUE 08/31/27
DTD 08/31/22 FC 02/28/23
083126 1,894,000
CUSIP 91282CFH9
072 ANCA ANC9
18

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
ACCOUNT NUMBER:

Activity detail continued
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 08/31 Cash INTEREST TEXAS EXCHANGE BK SSB CD 233.56
CROWLEY TX ACT/365

CALLABLE FDIC INSD
CPN 1.100% DUE 10/29/26
DTD 10/29/21 FC 11/29/21
082926 250,000
AS OF 8/29/26
CUSIP 88241TMC1
08/31 Cash DIVIDEND ALLSPRING 128.92

GOVERNMENT MONEY MARKET

SWEEP CLASS
083126 432,363
Total Income and distributions: $233,458.22
Securities sold and redeemed

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 08/28 Cash REDEMPTION -250,000.00000 BARCLAYS BANK/DELAWAR CD 250,000.00 WILMINGTON DE ACT/365

FDIC INSD
CPN 4.000% DUE 08/28/26
DTD 08/28/24 FC 02/28/25
CUSIP 06740KSW8
Total Securities sold and redeemed: $250,000.00
Securities purchased

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 08/03 Cash REINVEST DIV 289.01000 FIDELITY FUNDS -289.01

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
REINVEST AT 1.000
08/26 Cash PURCHASE 50,700.00000 FIDELITY FUNDS 1.0000 -50,700.00

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
08/31 Cash PURCHASE 432,450.00000 FIDELITY FUNDS 1.0000 -432,450.00

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
Total Securities purchased: -$483,439.01
072 ANCA ANC9
19

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
ACCOUNT NUMBER:

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 08/01 BEGINNING BALANCE 261,693.54 08/27 TRANSFER TO ALLSPRING 407.11

GOVERNMENT MONEY MARKET
08/03 TRANSFER FROM ALLSPRING -261,670.00 08/27 TRANSFER FROM ALLSPRING -50,682.45

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
08/10 TRANSFER TO ALLSPRING 244.18 08/28 TRANSFER TO ALLSPRING 5,871.91

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
08/14 TRANSFER TO ALLSPRING 5,020.89 08/31 REINVEST DIV ALLSPRING 128.92

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
08/17 TRANSFER TO ALLSPRING 40,125.00 08/31 TRANSFER TO ALLSPRING 426,084.81

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
08/26 TRANSFER TO ALLSPRING 5,268.84 08/31 ENDING BALANCE 432,492.75

GOVERNMENT MONEY MARKET
Bank Deposits Through Teller August 1 - August 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
08/01 BEGINNING BALANCE $0.00
072 ANCA ANC9
20

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
ACCOUNT NUMBER:

Bank Deposits Through Teller continued

DATE TRANSACTION DESCRIPTION AMOUNT BANK BALANCE
08/31 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 0.00 0.00 0.00
Total Realized Gain/Loss $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Realized Gain/Loss Detail
Long term

ADJ PRICE/ DATE ADJ COST/

DESCRIPTION QUANTITY ORIG PRICE ACQUIRED CLOSE DATE PROCEEDS ORIG COST GAIN/LOSS BARCLAYS BANK/DELAWAR CD 250,000.00000 100.0000 08/20/24 08/28/26 250,000.00 250,000.00 0.00 WILMINGTON DE ACT/365

FDIC INSD
CPN 4.000% DUE 08/28/26
DTD 08/28/24 FC 02/28/25
CUSIP 06740KSW8
Total Long term $250,000.00 $250,000.00 $0.00
072 ANCA ANC9
21

CITY OF MALIBU

RUTH QUINTO
AUGUST 1, 2026 - AUGUST 31, 2026
ACCOUNT NUMBER:

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
22 *** THIS PAGE IS INTENTIONALLY LEFT BLANK ***
23 Portfolio Analysis
Prepared for CITY OF MALIBU
September 01, 2026
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.

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.
© 2026 Wells Fargo
PM-01282028-5792368
24 ATTACHMENT 2
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 | September 01, 2026
25 Fixed Income Summary
As of 08/31/2026 for XXXX7847 - CITY OF MALIBU
Security Sub Type
Security sub type Market value % Fxd income
Government Bond 59,330,007 92.70%
Certificates of Deposit 4,687,607 7.30%
Total $64,017,614 100%
Credit Quality Ratings
Credit quality ratings % Fxd income
Treasury 92.70%
CDs 7.30%
Agency -
AAA -
AA -
A -
BBB -
Below inv grade -
Not rated -
N/A -
Total 100%
Bond Statistics
Statistic Taxable Tax exempt
Weighted avg coupon 3.17% -
Yield at purchase 3.85% -
Yield to maturity 4.32% -
Yield to worst 4.32% -
Weighted avg maturity: 2.90 yrs
Total duration: 2.75 yrs
Estimated Income Annualized
Month Estimated income annualized
09/2026 215,938
10/2026 117,889
11/2026 154,317
12/2026 53,844
01/2027 267,102
02/2027 227,686
03/2027 215,061
04/2027 117,387
05/2027 148,880
06/2027 53,556
07/2027 261,135
08/2027 222,583
Total $2,055,378
Taxable $2,055,378
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 | September 01, 2026
26

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: 100% 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: 100% 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 | September 01, 2026
27

Total portfolio value: $64,763,381
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 250,000 248,858
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 - 63,768,756
Total $250,000 $64,017,614
CITY OF MALIBU | September 01, 2026
28

Fixed Income Statistics
As of 08/31/2026 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

3.167%
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
64,017,614
and
-34,120
and

3.85%
N/A
and

4.32%
and

4.32%

2.7 and

0.1 2.7
and
100.0%
and

98.8%
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

3.107%
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
59,330,007
and
-21,727
and

3.85%
N/A
and

4.33%
and

4.33%

2.8 and

0.1 2.6
and

92.7%
and

91.6%

US TREASURY/ NOTES/
91282CEF4
2,000,000
and
-
and
-
AA1
and
-
and
-

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

99.13 and

96.45 and

96.45 1,982,640
and
53,574
and

3.45%

99.01 and

4.04% M
and

4.04%

0.6 and

0.0 and

0.0 and

3.1%
and

3.1%

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

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

98.90 and

95.32 and

95.32 2,220,305
and
80,327
and

4.21%

98.79 and

4.13% M
and

4.13%

0.8 and

0.0 and

0.0 and

3.5%
and

3.4%

US TREASURY/ NOTES/
91282CFH9
1,894,000
and
-
and
-
AA1
and
-
and
-

3.125%
and
Fixed
08/31/27 M
and
-
and
-

98.94 and

98.60 and

98.60 1,873,961
and
6,500
and

3.47%

98.89 and

4.19% M
and

4.19%

1.0 and

0.0 and

0.0 and

2.9%
and

2.9%

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

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

95.10 and

88.92 and

88.92 2,838,765
and
184,637
and

4.24%

94.98 and

4.27% M
and

4.27%

1.7 and

0.0 and

0.1 and

4.4%
and

4.4%

US TREASURY/ NOTES/
91282CHX2
2,100,000
and
-
and
-
AA1
and
-
and
-

4.375%
and
Fixed
08/31/28 M
and
-
and
-
100.06
and
101.47
and
101.76
2,101,218
and
-29,697
and

3.61%
100.18
and

4.28% M
and

4.28%

1.9 and

0.0 and

0.1 and

3.3%
and

3.2%
2,928,000
and
-
and
AA1
and
-
and
11/15/28 M
and
-
and

98.19 and

99.01 and
2,874,915
and
-24,086
and

98.25 and

4.31% M
and

0.1 and

4.5%
and

US TREASURY/ NOTES/
91282CPK1

3.500%
and
Fixed

2.2 and

0.1 and
CITY OF MALIBU | September 01, 2026
29

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
- - - 99.01 3.92% 4.31% 4.4%

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

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

93.41 and

88.22 and

88.22 4,740,558
and
263,194
and

4.06%

93.34 and

4.32% M
and

4.32%

2.3 and

0.1 and

0.2 and

7.4%
and

7.3%

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

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

96.21 and

92.51 and

92.51 1,505,687
and
57,923
and

4.57%

96.28 and

4.32% M
and

4.32%

2.6 and

0.1 and

0.1 and

2.4%
and

2.3%

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

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

95.17 and

94.86 and

94.86 4,782,343
and
15,848
and

3.92%

95.24 and

4.34% M
and

4.34%

2.8 and

0.1 and

0.2 and

7.5%
and

7.4%

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

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

97.38 and
100.24
and
100.30
4,781,260
and
-140,334
and

3.42%

97.52 and

4.35% M
and

4.35%

2.9 and

0.1 and

0.2 and

7.5%
and

7.4%

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

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

98.75 and

99.61 and

99.61 2,962,380
and
-26,025
and

4.09%

98.92 and

4.36% M
and

4.36%

3.0 and

0.1 and

0.1 and

4.6%
and

4.6%

US TREASURY/ NOTES/
91282CFY2
2,860,000
and
-
and
-
AA1
and
-
and
-

3.875%
and
Fixed
11/30/29 M
and
-
and
-

98.32 and

99.56 and

99.56 2,812,066
and
-35,285
and

4.01%

98.50 and

4.36% M
and

4.36%

3.1 and

0.1 and

0.1 and

4.4%
and

4.3%

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

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

97.02 and

96.82 and

96.82 4,817,192
and
10,056
and

4.22%

97.20 and

4.38% M
and

4.38%

3.2 and

0.1 and

0.2 and

7.5%
and

7.4%

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

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

90.68 and

89.17 and

89.17 4,851,541
and
80,771
and

3.95%

90.69 and

4.37% M
and

4.37%

3.3 and

0.1 and

0.3 and

7.6%
and

7.5%

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

4.125%
and
Fixed
08/31/30 M
and
-
and
-

98.75 and
102.28
and
102.78
4,803,005
and
-172,087
and

3.51%

98.96 and

4.41% M
and

4.41%

3.6 and

0.2 and

0.3 and

7.5%
and

7.4%
5,350,000
and
-
and
AA1
and
-
and
01/31/31 M
and
-
and

98.05 and
102.30
and
5,245,675
and
-227,151
and

98.30 and

4.42% M
and

0.3 and

8.2%
and

US TREASURY/ NOTES/
91282CJX0

4.000%
and
Fixed

4.1 and

0.2 and
CITY OF MALIBU | September 01, 2026
30

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
- - - 102.54 3.44% 4.42% 8.1%

US TREASURY/ NOTES/
91282CKF7
4,200,000
and
-
and
-
AA1
and
-
and
-

4.125%
and
Fixed
03/31/31 M
and
-
and
-

98.49 and
101.34
and
101.45
4,136,496
and
-119,892
and

3.80%

98.75 and

4.42% M
and

4.42%

4.1 and

0.2 and

0.3 and

6.5%
and

6.4%
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

3.929%
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
4,687,607
and
-12,393
and

3.93%
N/A
and

4.20%
and

4.20%

1.8 and

0.1 0.1
and

7.3%
and

7.2%

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
09/29/26 P
and
100.00

99.54 and
100.00
and
100.00
248,858
and
-1,143
and

1.10%

99.30 and

4.07% M
and

4.07%

0.2 and

0.0 and

0.0 and

0.4%
and

0.4%

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
-
100.22
and
100.00
and
100.00
200,432
and
432
and

4.95%
100.28
and

3.91% M
and

3.91%

0.3 and

0.0 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
-

99.25 and
100.00
and
100.00
248,128
and
-1,873
and

1.15%

99.00 and

4.04% M
and

4.04%

0.3 and

0.0 and

0.0 and

0.4%
and

0.4%

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
-
100.05
and
100.00
and
100.00
250,115
and
115
and

4.05%
100.05
and

3.95% M
and

3.95%

0.5 and

0.0 and

0.0 and

0.4%
and

0.4%

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
-
100.28
and
100.00
and
100.00
250,705
and
705
and

4.60%
100.29
and

4.09% M
and

4.09%

0.6 and

0.0 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
-
100.26
and
100.00
and
100.00
250,638
and
638
and

4.50%
100.26
and

4.07% M
and

4.07%

0.6 and

0.0 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
-
100.40
and
100.00
and
100.00
250,995
and
995
and

4.60%
100.38
and

4.12% M
and

4.12%

0.8 and

0.0 and

0.0 and

0.4%
and

0.4%

EAGLEMARK SVGS BK

CD/ CARSON CTY NV
250,000
and
-
and
-
and
-
and
07/02/27 M
and
-
and
100.52
and
100.00
and
251,288
and
1,288
and
100.48
and

4.15% M
and

0.0 and

0.4%
and

4.700%
and
Fixed

0.9 and

0.0 and
CITY OF MALIBU | September 01, 2026
31

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
ACT/365/ 27004PFE8 - FDIC - 100.00 4.70% 4.15% 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
-

97.27 and
100.00
and
100.00
243,180
and
-6,820
and

2.00%

97.00 and

4.21% M
and

4.21%

1.4 and

0.0 and

0.0 and

0.4%
and

0.4%

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
-

99.78 and
100.00
and
100.00
249,445
and
-555
and

4.05%

99.69 and

4.24% M
and

4.24%

1.6 and

0.0 and

0.0 and

0.4%
and

0.4%

BANK OF AMERICA NA

CD/ CHARLOTTE NC
ACT/365/ 06051X6T4
250,000
and
-
and
-
-
and
-
and
FDIC

3.950%
and
Fixed
04/24/28 M
and
-
and
-

99.63 and
100.00
and
100.00
249,075
and
-925
and

3.95%

99.54 and

4.22% M
and

4.22%

1.6 and

0.0 and

0.0 and

0.4%
and

0.4%

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
-

99.93 and
100.00
and
100.00
249,823
and
-178
and

4.30%
100.04
and

4.28% M
and

4.28%

2.4 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
-
100.84
and
100.00
and
100.00
252,110
and
2,110
and

4.70%
101.06
and

4.29% M
and

4.29%

2.6 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
-
100.84
and
100.00
and
100.00
252,110
and
2,110
and

4.70%
101.06
and

4.29% M
and

4.29%

2.6 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
-
100.68
and
100.00
and
100.00
251,703
and
1,703
and

4.65%
100.89
and

4.31% M
and

4.31%

2.6 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
-
100.29
and
100.00
and
100.00
250,720
and
720
and

4.50%
100.51
and

4.31% M
and

4.31%

2.7 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
-

99.39 and
100.00
and
100.00
248,480
and
-1,520
and

4.25%

99.73 and

4.33% M
and

4.33%

3.2 and

0.1 and

0.0 and

0.4%
and

0.4%
CITY OF MALIBU | September 01, 2026
32

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

GOLDMAN SACHS BK

USA CD/ NEW YORK
NY ACT/365/
38151PMN8
250,000
and
-
and
-
-
and
-
and
FDIC

4.000%
and
Fixed
04/21/31 M
and
-
and
-

97.96 and
100.00
and
100.00
244,905
and
-5,095
and

4.00%

98.33 and

4.39% M
and

4.39%

4.2 and

0.2 and

0.0 and

0.4%
and

0.4%

STATE BANK OF INDIA

CD/ NEW YORK NY
ACT/365/ 856288FQ3
250,000
and
-
and
-
-
and
-
and
FDIC

4.000%
and
Fixed
04/22/31 M
and
-
and
-

97.96 and
100.00
and
100.00
244,900
and
-5,100
and

4.00%

98.33 and

4.39% M
and

4.39%

4.2 and

0.2 and

0.0 and

0.4%
and

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

3.167%
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
64,017,614
and
-34,120
and

3.85%
N/A
and

4.32%
and

4.32%

2.7 and

0.1 2.7
and
100.0%
and

98.8%
Total portfolio value: $64,763,381
**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.

CITY OF MALIBU | September 01, 2026
33

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 | September 01, 2026
34

Redemption Distribution Rolling 12 Months
As of 08/31/2026 for XXXX7847 - CITY OF MALIBU
Redemption values are stated in thousands ($)
Description
Sep
2026
Oct
2026
Nov
2026
Dec
2026
Jan
2027
Feb
2027
Mar
2027
Apr
2027
May
2027
Jun
2027
Jul
2027
Aug
2027
Total
Principal
Government bond - - - - - - 2,000 - 2,245 - - 1,894 6,139 Certificates of
deposit - 250 200 250 - 250 500 - - 250 250 - 1,950
Redemption
distribution
rolling 12 months
total
- 250 200 250 - 250 2,500 - 2,245 250 250 1,894 8,089
Current market value of securities with undefined redemption value: $0 CITY OF MALIBU | September 01, 2026
35

Total portfolio value: $64,763,381
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 | September 01, 2026
36

Fixed Income Redemption Distribution: w/Holding(s)
As of 08/31/2026 for XXXX7847 - CITY OF MALIBU
Coupon subtotals and totals are weighted averages based on redemption value Description
Redemption
date
Redemption
price ($) Redemption value ($) Coupon
Weighted average
coupon remaining
2026 yearly total (category applies to all holdings below)N/A N/A 700,000 2.218% 3.154% TEXAS EXC 1.10% 102926 (CUSIP: 88241TMC1) 10/29/26 M 100.00 250,000 1.100% 3.152% DISCOVER 4.95% 111626 (CUSIP: 254673Z66) 11/16/26 M 100.00 200,000 4.950% 3.138% UBS BANK 1.15% 120826 (CUSIP: 90348JX96) 12/08/26 M 100.00 250,000 1.150% 3.151% 2027 yearly total (category applies to all holdings below)N/A N/A 7,639,000 3.001% 3.163% CALPRIVAT 4.05% 021627 (CUSIP: 13135NCY4) 02/16/27 M 100.00 250,000 4.050% 3.140% VALLEY NAT 4.6% 031127 (CUSIP: 919853KW0) 03/11/27 M 100.00 250,000 4.600% 3.138% BRADESCO B 4.5% 032227 (CUSIP: 10421AAT4) 03/22/27 M 100.00 250,000 4.500% 3.139% UST NTS 2.5% 033127 (CUSIP: 91282CEF4) 03/31/27 M 100.00 2,000,000 2.500% 3.164% UST NTS 2.625% 053127 (CUSIP: 91282CET4) 05/31/27 M 100.00 2,245,000 2.625% 3.162% BNY MELLON 4.6% 060127 (CUSIP: 05584CP59) 06/01/27 M 100.00 250,000 4.600% 3.138% CITY OF MALIBU | September 01, 2026
37

Description
Redemption
date
Redemption
price ($) Redemption value ($) Coupon
Weighted average
coupon remaining
EAGLEMARK 4.7% 070227 (CUSIP: 27004PFE8) 07/02/27 M 100.00 250,000 4.700% 3.138% UST NTS 3.125% 083127 (CUSIP: 91282CFH9) 08/31/27 M 100.00 1,894,000 3.125% 3.144% CELTIC BANK 2% 122727 (CUSIP: 15118RTH0) 12/27/27 M 100.00 250,000 2.000% 3.148% 2028 yearly total (category applies to all holdings below)N/A N/A 13,588,000 2.366% 3.346% AMERANT B 4.05% 032828 (CUSIP: 02357QCL9) 03/28/28 M 100.00 250,000 4.050% 3.140% BANK OF A 3.95% 042428 (CUSIP: 06051X6T4) 04/24/28 M 100.00 250,000 3.950% 3.141% UST NTS 1.25% 043028 (CUSIP: 91282CBZ3) 04/30/28 M 100.00 2,985,000 1.250% 3.234% UST NTS 4.375% 083128 (CUSIP: 91282CHX2) 08/31/28 M 100.00 2,100,000 4.375% 3.103% UST NTS 3.5% 111528 (CUSIP: 91282CPK1) 11/15/28 M 100.00 2,928,000 3.500% 3.127% UST NTS 1.375% 123128 (CUSIP: 91282CDP3) 12/31/28 M 100.00 5,075,000 1.375% 3.291% 2029 yearly total (category applies to all holdings below)N/A N/A 18,610,000 3.421% 3.035% UNIVEST BA 4.3% 022829 (CUSIP: 91527PCP0) 02/28/29 M 100.00 250,000 4.300% 3.140% UST NTS 2.875% 043029 (CUSIP: 91282CEM9) 04/30/29 M 100.00 1,565,000 2.875% 3.150% BEAL BANK 4.7% 053029 (CUSIP: 07371DR66) 05/30/29 M 100.00 500,000 4.700% 3.132% MORGAN ST 4.65% 053029 (CUSIP: 61768E4J9) 05/30/29 M 100.00 250,000 4.650% 3.138% TOYOTA FIN 4.5% 062829 (CUSIP: 89235MPR6) 06/28/29 M 100.00 250,000 4.500% 3.139% UST NTS 2.625% 073129 (CUSIP: 91282CFC0) 07/31/29 M 100.00 5,025,000 2.625% 3.187% UST NTS 3.5% 093029 (CUSIP: 91282CLN9) 09/30/29 M 100.00 4,910,000 3.500% 3.115% UST NTS 4% 103129 (CUSIP: 91282CFT3) 10/31/29 M 100.00 3,000,000 4.000% 3.103% UST NTS 3.875% 113029 (CUSIP: 91282CFY2) 11/30/29 M 100.00 2,860,000 3.875% 3.111% 2030 yearly total (category applies to all holdings below)N/A N/A 15,429,000 3.016% 3.183% UST NTS 3.5% 013130 (CUSIP: 91282CGJ4) 01/31/30 M 100.00 4,965,000 3.500% 3.115% UST NTS 1.5% 021530 (CUSIP: 912828Z94) 02/15/30 M 100.00 5,350,000 1.500% 3.289% MORGAN ST 4.25% 022630 (CUSIP: 61690DS33) 02/26/30 M 100.00 250,000 4.250% 3.140% UST NTS 4.125% 083130 (CUSIP: 91282CHW4) 08/31/30 M 100.00 4,864,000 4.125% 3.066% 2031 yearly total (category applies to all holdings below)N/A N/A 10,050,000 4.052% 2.981% UST NTS 4% 013131 (CUSIP: 91282CJX0) 01/31/31 M 100.00 5,350,000 4.000% 3.068% UST NTS 4.125% 033131 (CUSIP: 91282CKF7) 03/31/31 M 100.00 4,200,000 4.125% 3.077% GOLDMAN SACH 4% 042131 (CUSIP: 38151PMN8) 04/21/31 M 100.00 250,000 4.000% 3.141% STATE BANK O 4% 042231 (CUSIP: 856288FQ3) 04/22/31 M 100.00 250,000 4.000% 3.141% Fixed income redemption distribution total N/A N/A 66,016,000 3.144% 0.000% Redemption value (remaining principal) of mortgage backed securities: $0 Market value of securities with undefined redemption value: $0 CITY OF MALIBU | September 01, 2026
38

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.

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%.

CITY OF MALIBU | September 01, 2026
39

Estimated Income Summary
As of 08/31/2026 for XXXX7847 - CITY OF MALIBU
Description
Sep
2026
Oct
2026
Nov
2026
Dec
2026
Jan
2027
Feb
2027
Mar
2027
Apr
2027
May
2027
Jun
2027
Jul
2027
Aug
2027
Annualized
Estimated
income ($)
Tax exempt accounts total(category applies
to security types below)
218,225 120,175 156,604 56,131 269,389 229,973 217,348 119,674 151,167 55,843 263,422 224,870 2,082,821 Money market fund 2,287 2,287 2,287 2,287 2,287 2,287 2,287 2,287 2,287 2,287 2,287 2,287 27,443 Certificates of deposit 18,388 16,735 18,199 18,954 7,261 11,710 17,511 16,234 12,762 18,665 1,295 6,607 164,321 Government bond 197,550 101,153 136,118 34,891 259,841 215,976 197,550 101,153 136,118 34,891 259,841 215,976 1,891,058 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 218,225 120,175 156,604 56,131 269,389 229,973 217,348 119,674 151,167 55,843 263,422 224,870 2,082,821 Total Portfolio Value: $64,763,381
This report is not a substitute for official tax reporting. This report separates the holdings, first based on the taxability at the account level. The secondary aggregation is Tax Type which is used to aggregate securities based on their assumed taxability of income (interest and dividends) at the time of this report. Classifications are made by data sources we deem reliable; however, we do not CITY OF MALIBU | September 01, 2026
40

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 | September 01, 2026
41

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. 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 in understanding your investments 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 dedicated investment professional.

Certain assets are excluded from performance calculations. Selected annuities, mutual funds held outside the firm, precious metals, coins, bullion, or any assets subject to tax-withholdings (TEFRA) are among the assets not included in values or performance calculations. Additionally, thinly traded or non-publicly traded securities, private assets and other types of assets that do not have a readily ascertainable market value, including but not limited to loan assets, real estate, closely held interests, and oil, gas, and mineral interests are not included in performance calculations and may not be included in market values.

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. Please note accruals are not included in performance calculations for most mutual funds and non-performance market values.

Alternative Investment Reporting Important Considerations Cost basis and gain/loss information for certain alternative investments may be inaccurate due to system limitations in processing reinvested income and tax lot adjustments, as well as manual coding for certain investments. These factors can result in incomplete or misstated values.

Because these reporting timelines may extend several months or longer, this information should not be relied upon for tax reporting; clients should refer to official tax documents and consult their investment professional.

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.

Asset Classification
CITY OF MALIBU | September 01, 2026
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Asset Classes for mutual funds, variable annuities and exchange-traded funds are derived from Morningstar Categories. Underlying holdings classification provided by Morningstar. ©2026 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.

Account Return Methodology
Account returns are annualized for time periods greater than one year. This performance presented is past performance, which is not a guarantee of future results; current performance may be lower or higher than the performance quoted. The investment return and principal value will fluctuate so that an investor’s units, when redeemed, may be worth more or less than their original cost.

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.

Gross Performance represents returns before the deduction of any investment management fees. Actual performance in your account will be less. For more information, please contact your advisor who can provide you with account performance both gross of and net of fees.

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; CITY OF MALIBU | September 01, 2026
43

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
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 | September 01, 2026
44

Agenda Item # 1.B.5
Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Kelsey Pettijohn, City Clerk
Reviewed by: Alicia Freeman, Human Resources Manager
Approved by: Joseph D. Irvin, City Manager
Date prepared: September 8, 2026 Meeting date: September 28, 2026 Subject: City’s Conflict of Interest Code
RECOMMENDED ACTION: Adopt Resolution No. 26-64 adopting the City’s Conflict of Interest Code and repealing Resolution No. 24-58.

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

STRATEGIC PLAN IMPLEMENTATION: N/A.

DISCUSSION: Government Code Section 87300 requires the City to adopt a Conflict of Interest Code, which will be reviewed biennially. The City’s Conflict of Interest Code was last amended on November 25, 2024.

Government Code Section 87200 designates the officials required to file statement of economic interests. Malibu officials include City Councilmembers, City Manager, City Attorney, Planning Commissioners and City Treasurer. Additionally, the City’s Conflict of Interest Code must designate the positions within the City involved in the making or participation in the making of decisions that may foreseeably have a material effect on any financial interest. Since 2024, additional job specifications have been approved by the City Council through the Fiscal Year 2025-26 and 2026-27 budget process that are in decision making roles that could have influence on financial interests of the organization.

For the City’s Conflict of Interest Code to be consistent with authorized positions, Resolution No. 26-64 adds the following classification titles for positions which participate in making decisions that may foreseeably have a material effect on financial interests:

City Council Meeting
09-28-26
Item

1.B.5.
1

Agenda Item # 1.B.5
· Assistant Community Development Director
· Building Official
· Community Development Director
· Deputy Community Development Director
· Deputy Public Works Director
· Emergency Services Manager
· Public Works Administration Manager
The following classifications have been removed as they are no longer authorized positions:
· Assistant Planning Director
· Environmental Sustainability Director/Building Official · Planning Director
Newly designated positions will be required to file within 30 days of assuming office. The filing is done through a Statement of Economic Interest (Form 700).

ATTACHMENTS: Resolution No. 26-64
2 RESOLUTION NO. 26-64

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MALIBU

ADOPTING THE CONFLICT OF INTEREST CODE AND REPEALING
RESOLUTION NO. 24-58
The City Council of the City of Malibu does hereby find, order and resolve as follows:

SECTION 1. Recitals.

A. The Political Reform Act, Government Code sections 81000, et seq., requires the adoption of a conflict of interest code and biennial review.

B. Government Code Section 87306 requires every agency to amend its conflict of interest code when changes occur, which include the creation of new positions that must be designated positions, the deletion of old positions and relevant changes in the duties assigned to existing positions.

C. Section 2 accurately sets forth those positions which should be designated and the categories of financial interests, which should be made reportable.

SECTION 2. The City requires full disclosure for the positions listed below, which participate in making decisions that may foreseeably have a material effect on financial interests. Full Disclosure includes all interests in real property in the City of Malibu, as well as investments, business positions, and sources of income, including gifts, loans, and travel payments.

Assistant City Attorney
Assistant City Clerk
Assistant City Manager
Assistant Community Development Director
Assistant Engineer
Assistant Public Works Director/City Engineer
Assistant to the City Manager
Associate Civil Engineer
Associate Engineer
Building Inspector
Building Official
City Biologist
City Clerk
City Geologist
Code Enforcement Manager
Code Enforcement Officer
Community Development Director
Community Services Deputy Director
Community Services Director
Consultants*
Deputy City Manager
Deputy Community Development Director
Deputy Public Works Director
Development and Operations Manager
3 Resolution No. 26-64

_____________________
Environmental Programs Manager
Deputy Building Official
Environmental Health Administrator
Emergency Services Manager
Financial Controller
Human Resources Manager
Information Systems Administrator
Information Systems Manager
Mobilehome Park Rent Stabilization Commissioners
Plan Check Engineer
Principal Planner
Public Safety Director
Public Safety Manager
Public Works Administration Manager
Public Works Director
Public Works Inspector
Public Works Superintendent
Recreation Manager
Senior Building Inspector
Senior Code Enforcement Officer
Senior Plan Check Engineer
Senior Planner
Senior Public Works Inspector
Supervising Building Inspector
Supervising Permit Services Technician
Additional positions required to provide full disclosure pursuant to Government Code Section 87200 include:

City Attorney
City Council
City Manager
City Treasurer
Planning Commissioners
*Consultants shall be included in the list of designated employees and shall disclose pursuant to the broadest disclosure category in the code subject to the following limitation: The City Manager may determine in writing that a particular consultant, although a "designated position," is hired to perform a range of duties that is limited in scope and thus is not required to fully comply with the disclosure requirements described in this section. Such written determination must include a description of the consultant's duties and, based upon the description, a statement of the extent of disclosure requirements. The City Manager's determination is a public record and must be retained for public inspection in the same manner and location as this Conflict of Interest Code.
4 Resolution No. 26-64

_____________________
SECTION 3. Resolution No. 24-58 is hereby repealed.

SECTION 4. 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 ___ day of ______ 2026. _____________________________
BRUCE SILVERSTEIN, Mayor
ATTEST:
__________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
APPROVED AS TO FORM:
__________________________________
TREVOR RUSIN, Interim City Attorney
5

Agenda Item # 1.B.6
Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Angela Loera, Senior Management Analyst
Reviewed by: Christopher Smith, Assistant City Manager
Alicia Freeman, Human Resources Manager
Approved by: Joseph D. Irvin, City Manager
Date prepared: September 15, 2026 Meeting date: September 28, 2026 Subject: Senior Management Analyst and Management Specialist Positions RECOMMENDED ACTION: Review and approve the proposed classification and staffing changes within the City Clerk and Public Safety Departments to support departmental operations, enhance project management capacity, and maintain City service delivery expectations.

The proposed changes include:

1. City Clerk Department
· Reclassify 1.0 FTE Administrative Assistant to Management Specialist. The proposed reclassification reflects changes in the scope, complexity, and volume of work assigned to the position and will provide additional professional-level support to meet the operational needs of the City Clerk Department.

2. Public Safety Department
· Add 1.0 FTE Senior Management Analyst. The Public Safety Department currently has 1.0 FTE Senior Management Analyst. Staff proposes funding for an additional 1.0 FTE Senior Management Analyst dedicated to and funded by the Automated Speed Safety Camera System Pilot Program.

FISCAL IMPACT: Funding for these positions was not included in the FY 2026–27 Adopted Budget. Because the fiscal year is underway, staff are requesting prorated City Council Meeting
09-28-26
Item

1.B.6
1

Agenda Item # 1.B.6
amounts rather than the full annual funds of $175,697 for the Senior Management Analyst position and a differential of $2,702 for the Management Specialist position.

Requested appropriations:
· $87,849 for the Senior Management Analyst position in Account No. 100-7021- 4101-00 (Full-Time Salaries & Benefits).
· $1,351 for the Management Specialist position in Account No. 100-7007-4101-00 (Full-Time Salaries & Benefits). The remaining funds allocated for the Administrative Assistant position will be used to offset costs associated with the Management Specialist position.

STRATEGIC PRIORITY: These items support the City’s 2025-2028 Strategic Plan goals.

DISCUSSION: Human Resources, in coordination with the department leadership, conducted a review of the job classifications to ensure alignment with current operational needs, organizational structure, and service delivery expectations.

The proposed reclassification within the City Clerk Department aligns the position with the Management Specialist classification to reflect changes in the scope, complexity, and volume of work, as well as the evolving technical and operational demands and service needs of both internal and external stakeholders. Specifically, the duties and complexity of fulfilling public information requests calls for a position with foundational analytical skills.

The proposed funding within the Public Safety Department for an additional Senior Management Analyst position will provide support to the Automated Speed Safety Camera System Pilot Program. The position will provide analytical, administrative, and program support, including data analysis; development of program progress reports; coordination of administrative appeals; financial analysis and monitoring of program revenues and expenditures; development and administration of the community service program; scheduling and coordination of monthly administrative hearings; contract management; and other related program responsibilities. These functions are critical to the effective administration and evaluation of the pilot program and will support the City’s ability to monitor program performance, assess its impact, and provide regular updates to the community and the State of California.

ADMINISTRATION AND FINANCE SUBCOMMITTEE: This matter was reviewed by the Administration and Finance Subcommittee on September 15, 2026. The Subcommittee approved the proposal for reclassification of the Administrative Assistant position to a Management Specialist position in the City Clerk Department. As well as the addition of a Senior Management Analyst position in the Public Safety Department. 2

Agenda Item # 1.B.6
ATTACHMENTS:

1. Senior Management Analyst – Job Description

2. Management Specialist – Job Description

3 CITY OF MALIBU

SENIOR MANAGEMENT ANALYST
Class Description
Established: July 2024
Revised: N/A
FLSA: Non-Exempt

DEFINITION
Under general direction, provides administrative, programmatic, budgetary, grant, and work-flow support to an assigned department; analyzes departmental practices and procedures and makes recommendations for organizational, operational, policy and procedural improvements; develops, summarizes, and maintains programmatic, administrative and fiscal records; directs, oversees, and manages one or more department specific programs, special projects and studies, and performs related administrative support functions; fosters cooperative working relationships among City departments and acts as liaison to various community, public, and regulatory agencies; performs related duties as assigned.

SUPERVISION RECEIVED AND EXERCISED
Receives general direction from assigned supervisory or management personnel. Exercises technical and functional direction over and provides training to lower-level staff.

CLASS CHARACTERISTICS
This is the advanced journey-level classification in the Management Analyst series responsible for performing the most complex work assigned to the series. Incumbents regularly work on tasks which are varied and complex, requiring considerable discretion and independent judgment.

Positions in the classification rely on experience and judgment to perform assigned duties.

Assignments are given with general guidelines and incumbents are responsible for establishing objectives, timelines, and methods to complete assignments. Work is typically reviewed upon completion for soundness, appropriateness, and conformity to policy and requirements.

EXAMPLES OF ESSENTIAL JOB FUNCTIONS (Illustrative Only) Management reserves the right to add, modify, change, or rescind the work assignments of different positions and to make reasonable accommodations so that qualified employees can perform the essential functions of the job.
• Assists in developing goals, objectives, policies, procedures, work standards, and administrative control systems.
• Coordinates, oversees, and performs professional-level administrative work in such areas as program and budget development and administration, grants, purchasing, contract administration, management analysis, public information, and program evaluation. • Provides administrative support to assigned department, division, and/or commission; takes on the role of Recording Secretary/Clerk of the Board at commission meetings; prepares agendas, and updates applicable web pages,
• Develops and administers program, division, department and/or capital project budgets, gathers and analyzes revenue and expense data and information; reviews departmental budget submittals for accuracy, completeness, and the appropriate allocation of funds; develops budgetary recommendations including forecasts of funding needed for staffing, equipment, and materials; prepares justifications for changes, new services, or additional costs.

ATTACHMENT 1
4 Senior Management Analyst

• Researches, recommends, and prepares grant applications; administers grant programs including preparing, analyzing, and tracking grant reports, reimbursements, and other financial information; prepares written reports as required by permitting or granting agencies; ensures compliance with grant requirements.
• Leads the development and implementation of key departmental and City projects related to the goals and functions of the department.
• Prepares and submits agenda reports, resolutions, ordinances, and correspondence regarding assigned activities.
• Develops and manages requests for proposals as well as bids for projects and/or services; prepares specifications, solicitations, and requests for qualifications; obtains, reviews, and maintains bid results; negotiates agreements; supports the monitoring and administration of contracts.
• Receives, reviews, and responds to requests for documents including subpoenas; oversees and maintains accurate records and files; provides for storage of records and retention schedules.
• Conducts a variety of analytical and operational studies regarding departmental and programmatic activities; evaluates alternatives, makes recommendations, and assists with the implementation of procedural, administrative and/or operational changes after approval. • Plans, organizes, and oversees special projects that require coordination with and direction of contract consultants.
• Participates on a variety of interdisciplinary committees and commissions and represents the City to a variety of community and stakeholder groups.
• Communicates orally, in writing or through graphic representations and statistical summaries with colleagues, managers, employees, the public, organized employee groups and representatives of various organizations.
• Acts as liaison to the public; responds to telephone and website inquiries. • Observes and complies with all City and mandated safety rules, regulations, and protocols. • Performs related duties as required.

QUALIFICATIONS
Education and Experience:

Any combination of training and experience that would provide the required knowledge, skills and abilities is qualifying. A typical way to obtain the required qualifications would be:

Education:

Equivalent to a bachelor’s degree from an accredited college or university with major coursework in business or public administration, accounting, economics, or a related field.

Experience:

Five (5) years of increasingly responsible administrative, budgetary, operational, and/or program management experience.

Licenses and Certifications:
• Possession of a valid California Driver’s License and a satisfactory driving record, to be maintained throughout employment.

Knowledge of:
• Principles of providing functional direction and training. 5 Senior Management Analyst

• Principles and techniques for working with groups and fostering effective team interaction to ensure teamwork is conducted smoothly.
• Principles and practices of project and/or program management including planning, development, implementation, monitoring, and evaluation. • City-wide as well as departmental and divisional administrative procedures, practices, and principles.
• Budget development, monitoring and tracking techniques. • Records management principles and practices.
• Basic organization and function of public agencies, including the role of an elected City Council and appointed boards and commissions.
• Advanced principles and practices of business and public administration as applied to citywide operations, programs, projects, and activities. • Advanced principles and techniques of conducting analytical studies, evaluating alternatives, making sound recommendations, and preparing and presenting effective and technical reports.
• Applicable federal, state, and local laws, codes, and regulations as well as industry standards and best practices pertinent to the assigned area of responsibility. • City and mandated safety rules, regulations, and protocols. • Techniques for providing a high level of customer service, by effectively dealing with the public, vendors, contractors, and City staff.
• The structure and content of the English language, including the meaning and spelling of words, rules of composition, and grammar.
• Modern equipment and communication tools used for business functions and program, project, and task coordination, including computers and software programs relevant to work performed.

Ability to:
• Plan, organize, and coordinate the work of assigned staff. • Effectively provide staff leadership and work direction. • Assist in developing and implementing goals, objectives, practices, policies, procedures, and work standards.
• Develop, implement, and administer administrative services for a department or unit. • Coordinate and oversee departmental and programmatic administrative, budgeting, and fiscal reporting activities.
• Plan and conduct effective management, administrative, and operational studies. • Maintain and direct the maintenance of accurate records and files in both hard copy and computer format.
• Work with contract consultants on a project basis.
• Make accurate arithmetic, financial, and statistical computations. • Understand, interpret, and apply all pertinent laws, codes, regulations, policies, and procedures, and standards relevant to work performed.
• Effectively represent the department and the City in meetings with governmental agencies; community groups; various business, professional, and regulatory organizations; and in meetings with individuals.
• Prepare clear and concise reports, correspondence, documentation, and other written materials.
• Use tact, initiative, prudence, and independent judgment within general policy, procedural, and legal guidelines.
• Independently organize work, set priorities, meet critical deadlines, and follow-up on assignments.
6 Senior Management Analyst

• Communicate clearly and concisely, both orally and in writing, using appropriate English grammar and syntax.
• Establish, maintain, and foster positive and effective working relationships with those contacted in the course of work.
• Effectively use computer systems, software applications relevant to work performed, and modern business equipment to perform a variety of work tasks.

SUPPLEMENTAL INFORMATION

PHYSICAL DEMANDS
Must possess mobility to work in a standard office setting and use standard office equipment, including a computer; vision to read printed materials and a computer screen; and hearing and speech to communicate in person, before groups and over the telephone. This is primarily a sedentary office classification although standing in work areas and walking between work areas may be required. Finger dexterity is needed to access, enter, and retrieve data using a computer keyboard, typewriter keyboard or calculator and to operate standard office equipment. Positions in this classification occasionally bend, stoop, kneel, reach, push and pull drawers open and closed to retrieve and file information. Positions in this classification occasionally lift and carry reports and records that typically weigh less than 10 pounds.

ENVIRONMENTAL CONDITIONS
Employees work in an office environment with moderate noise levels, controlled temperature conditions and no direct exposure to hazardous physical substances. Employees may interact with upset staff and/or public and private representatives in interpreting and enforcing departmental policies and procedures.

DISASTER SERVICE WORKER
In accordance with California Government Code Section 3100, City of Malibu employees are considered disaster service workers and may be asked to respond in the event of an emergency or natural disaster.
7 CITY OF MALIBU

MANAGEMENT SPECIALIST
Class Description
Date Established: May 2024
Date Revised: July 2024
FLSA: Non-Exempt

DEFINITION
Under general supervision provides technical, administrative, programmatic, budgetary, grant and work-flow support to an assigned department; develops, summarizes and maintains programmatic, administrative and fiscal records; conducts research, compiles data, and makes recommendations for organizational, operational, policy and procedural improvements; provides technical assistance for one or more department specific programs, special projects and studies and performs related administrative support functions; coordinates assigned programs, projects and services with other departments, divisions and outside agencies; performs related duties as assigned.

SUPERVISION RECEIVED AND EXERCISED
Receives general supervision from assigned supervisory or management personnel.

Exercises no direct supervision over staff.

CLASS CHARACTERISTICS
This journey-level classification is responsible for independently performing complex technical and administrative duties in support of departmental programs, budget development and maintenance, special projects, and studies. Positions at this level exercise judgment and initiative in their assigned tasks, receive only occasional instruction or assistance as new or unusual situations arise and are fully aware of the operating procedures and policies of the work unit.

This class is distinguished from the Management Analyst in that the latter performs professional level administrative, programmatic, budgetary, grant and workflow support to an assigned department.

EXAMPLES OF ESSENTIAL JOB FUNCTIONS (Illustrative Only) Management reserves the right to add, modify, change, or rescind the work assignments of different positions and to make reasonable accommodations so that qualified employees can perform the essential functions of the job. • Conducts and carries out complex technical and administrative assignments; researches, compiles, and organizes information and data from various sources on a variety of specialized topics related to assigned department; prepares technical reports; performs and conducts studies and special projects.
• Participates in planning, coordinating, implementing, and promoting assigned programs, projects, and initiatives; participates in the development and implementation of goals, objectives, policies, procedures, and priorities.
8 ATTACHMENT 2
Management Specialist

• Assists in the development and administration of program, division, department and/or capital project budgets; monitors revenue and expenditures; compiles and reviews departmental budget submittals for accuracy and completeness; assists with preparing justifications for changes, new services, or additional costs. • Assists with preparing grant applications and administering grant programs including gathering data for grant reports and reimbursements; assists with preparation of written reports as required by permitting or granting agencies. • Assists in the preparation of requests for proposals and bids; reviews and verifies compliance documentation; maintains copies of contracts, bid documents, proposals, and related information.
• Receives, reviews, and responds to requests for documents including subpoenas; oversees and maintains accurate records and files; provides for storage of records and retention schedules.
• Independently composes, types, edits, and proofreads a variety of documents, including forms, memos, administrative, statistical, financial, and staff reports, and correspondence for department management and staff; verifies and reviews forms and reports for completeness and conformance with established regulations and procedures; applies departmental and program policies and procedures in determining completeness of applications, records, and files.
• Screens calls, visitors, and incoming mail and emails; assists and directs the public to appropriate locations and/or staff; responds to complaints and requests for information; interprets and applies regulations, policies, procedures, systems, rules, and precedents in response to inquiries and complaints from the public. • Observes and complies with all City and mandated safety rules, regulations, and protocols.
• Performs related duties as required.

QUALIFICATIONS
Education and Experience:

Any combination of training and experience that would provide the required knowledge, skills and abilities is qualifying. A typical way to obtain the required qualifications would be:

Education:

Equivalent to an associate degree from an accredited college or university with major coursework in business or public administration, accounting, or a related field.

Experience:

Three (3) years of increasingly responsible and complex administrative and program support experience.

Licenses and Certifications:

None required.

Knowledge of:
• City-wide as well as departmental and divisional administrative procedures, practices, and principles.
• Basic principles and techniques of research, data collection, and report preparation. • Methods and techniques of preparing technical reports. 9 Management Specialist

• Basic arithmetic and statistical techniques.
• Basic principles of contract administration.
• Budget development, monitoring and tracking techniques. • Records management principles and practices.
• Basic organization and function of public agencies, including the role of an elected City Council and appointed boards and commissions.
• Principles and practices of business and public administration as applied to citywide operations, programs, projects, and activities.
• Principles and techniques of conducting studies, evaluating alternatives, making sound recommendations, and preparing and presenting effective and technical reports.
• Applicable federal, state, and local laws, codes, and regulations as well as industry standards and best practices pertinent to the assigned area of responsibility. • City and mandated safety rules, regulations, and protocols. • Techniques for providing a high level of customer service, by effectively dealing with the public, vendors, contractors, and City staff.
• The structure and content of the English language, including the meaning and spelling of words, rules of composition, and grammar.
• Modern equipment and communication tools used for business functions and program, project, and task coordination, including computers and software programs relevant to work performed.

Ability to:
• Research, conduct basic analyses, and summarize information from a variety of sources; and prepare reports.
• Conduct effective administrative and operational studies. • Maintain accurate records and files in both hard copy and computer format. • Make accurate arithmetic, financial and statistical computations. • Understand, interpret, and apply all pertinent laws, codes, regulations, policies and procedures, and standards relevant to work performed.
• Effectively represent the department and the City in meetings with governmental agencies; community groups; various business, professional, and regulatory organizations; and in meetings with individuals.
• Prepare clear and concise reports, correspondence, documentation, and other written materials.
• Use tact, initiative, prudence, and independent judgment within general policy, procedural, and legal guidelines.
• Independently organize work, set priorities, meet critical deadlines, and follow-up on assignments.
• Communicate clearly and concisely, both orally and in writing, using appropriate English grammar and syntax.
• Establish, maintain, and foster positive and effective working relationships with those contacted in the course of work.
• Effectively use computer systems, software applications relevant to work performed, and modern business equipment to perform a variety of work tasks. 10 Management Specialist

SUPPLEMENTAL INFORMATION

PHYSICAL DEMANDS
Subject to any reasonable accommodations that is required by the American and Disabilities Act (ADA) or California Disabled Persons Act (CDPA).

Must possess mobility to work in a standard office setting and use standard office equipment, including a computer; vision to read printed materials and a computer screen; and hearing and speech to communicate in person and over the telephone. This is primarily a sedentary office classification although standing in work areas and walking between work areas may be required. Finger dexterity is needed to access, enter, and retrieve data using a computer keyboard or calculator and to operate standard office equipment. Positions in this classification occasionally bend, stoop, kneel, reach, push, and pull drawers open and closed to retrieve and file information. Employees must possess the ability to lift, carry, push, and pull materials and objects up to 10 pounds.

ENVIRONMENTAL CONDITIONS
Employees work in an office environment with moderate noise levels, controlled temperature conditions, and no direct exposure to hazardous physical substances.

Employees may interact with upset staff and/or public and private representatives in interpreting and enforcing divisional policies and procedures.

DISASTER SERVICE WORKER
In accordance with California Government Code Section 3100, City of Malibu employees are considered disaster service workers and may be asked to respond in the event of an emergency or natural disaster.
11

Agenda Item # 1.B.7
Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Angela Loera, Senior Management Analyst
Reviewed by: Christopher Smith, Assistant City Manager
Alicia Freeman, Human Resources Manager
Approved by: Joseph D. Irvin, City Manager
Date prepared: September 15, 2026 Meeting date: September 28, 2026 Subject: Adoption of Revised Job Classifications to Support Operational Efficiencies
RECOMMENDED ACTION: Adopt the proposed revised job classifications to support departmental reorganization and operational efficiencies within the Public Works Department.

FISCAL IMPACT: There is no fiscal impact on adjusting these revised job classifications.

STRATEGIC PRIORITY: This item supports the City’s 2025-2028 Strategic Plan goals.

DISCUSSION: Human Resources, in coordination with the City Manager’s Office, conducted a review of the job classification for the Public Works Director/City Engineer position and Assistant Public Works Director/Assistant City Engineer position to ensure the City is able to attract the most competitive pool of candidates as well as better reflect the expanded scope of responsibilities within the Public Works Department with the addition of Environmental Programs to the department.

The proposed revisions would rename the Public Works Director/City Engineer classification to Public Works Director and the Assistant Public Works Director/Assistant City Engineer classification to Assistant Public Works Director/City Engineer. Under the proposed structure, the Public Works Director will no longer be required to possess a valid California Professional Engineer (PE) registration. However, the certification will remain as highly desirable within the classification qualifications. Instead, the PE registration requirement would apply to the Assistant Public Works Director/City Engineer who would City Council Meeting
09-28-26
Item

1.B.7
1

Agenda Item # 1.B.7
assume the City Engineer responsibilities. Additionally, the City has several key positions that require a PE certification, including the City’s Building Official in Community Development and the Assistant Director and four engineer positions in Public Works.

As part of this analysis, staff reviewed Public Director positions in several regional cities and found that many do not require the PE certification. The proposed revisions are consistent with practices utilized by comparable public agencies such as Agoura Hills, Beverly Hills, Calabasas, Camarillo, Culver City, Laguna Beach, Manhattan Beach, Redondo Beach and Thousand Oaks. It also enables an organizational structure that distinguishes overall departmental leadership from the technical and professional responsibilities of the City Engineer.

ADMINISTRATION AND FINANCE SUBCOMMITTEE: This matter was reviewed by the Administration and Finance Subcommittee on September 15, 2026. The Subcommittee approved the proposal and recommended that the City Council adopt the proposed revised job classifications for the Public Works Director/City Engineer and the Assistant Public Works Director/Assistant City Engineer.

ATTACHMENTS:

1. Public Works Director – Revised Job Description

2. Assistant Public Works Director/City Engineer – Revised Job Description 2 CITY OF MALIBU

PUBLIC WORKS DIRECTOR
Class Description
Established: July 2013
Revised: September 2026
FLSA: Exempt

DEFINITION
Under administrative direction, plans, directs, manages and oversees the activities and operations of the Public Works department including engineering, capital improvement project design and construction, transportation, streets and traffic control, flood plain management, solid waste management, stormwater and wastewater operations and management, management and implementation of assessment districts, and facility, equipment and infrastructure maintenance; fosters cooperative working relationships with intergovernmental and regulatory agencies and various public and private groups; provides highly responsible and complex professional assistance to City management staff and City Council in areas of expertise; performs related duties as assigned.

SUPERVISION RECEIVED AND EXERCISED
Receives administrative direction from the City Manager. Exercises direct supervision over supervisory, professional, technical, and administrative support staff through subordinate levels of supervision.

CLASS CHARACTERISTICS
This is a department director classification that oversees, directs, and participates in all activities of the Public Works Department including short- and long-term planning as well as development and administration of department policies, procedures, and services. This class provides assistance to the City Manager and/or Assistant City Manager in a variety of administrative, coordinative, analytical, and liaison capacities. Successful performance of the work requires knowledge of public policy, City functions and activities, including the role of the City Council, and the ability to develop, oversee, and implement projects and programs in a variety of areas.

Responsibilities include coordinating the activities of the department with those of other departments and outside agencies and managing and overseeing the complex and varied functions of the department. The incumbent is accountable for accomplishing departmental planning and operational goals and objectives, and for furthering the City’s mission, goals, and objectives within general policy guidelines.

EXAMPLES OF ESSENTIAL JOB FUNCTIONS (Illustrative Only) Management reserves the right to add, modify, change, or rescind the work assignments of different positions and to make reasonable accommodations so that qualified employees can perform the essential functions of the job.
 Assumes full management responsibility for all programs, services, and activities of the Public Works Department including providing oversight and administrative direction to Assistant Director of Public Works/City Engineer and related duties and responsibilities.  Develops, directs, and coordinates the implementation of goals, objectives, policies, procedures, and work standards for the Public Works Department.  Establishes, within City policy, appropriate service, and staffing levels; monitors and evaluates the efficiency and effectiveness of service delivery methods and procedures; allocates resources accordingly.

ATTACHMENT 1
3 Public Works Director

 Manages and participates in the development and administration of the Department’s operating and capital improvement budget; directs the forecast of additional funds needed for staffing, equipment, materials, and supplies; monitors and approves expenditures and implements budgetary adjustments as necessary.
 Assesses and monitors workload, administrative and support systems, and internal reporting relationships; identifies opportunities for improvement; directs the implementation of changes.  Selects, trains, motivates, and evaluates assigned personnel; provides or coordinates staff training; works with employees to correct deficiencies; implements discipline and termination procedures.
 Oversees traffic engineering and transportation planning activities; develops local, State and Federal funding sources for such activities.
 Oversees the provision of contracted services; prepares specifications and requests for proposal; evaluates bids and makes recommendations for contract aware; manages and administers contract to ensure compliance with contractual obligations and approved budget.  Plans, directs, and coordinates the Public Works Department’s work plan; meets with management staff to identify and resolve problems; assigns projects and programmatic areas of responsibility; reviews and evaluates work methods and procedures.  Conducts a variety of organizational studies, investigations, and operational studies; recommends modifications to department programs, policies, and procedures as appropriate.  Attends and participates in professional group meetings; stays abreast of new trends and innovations in the field of public services.
 Represents the Public Works Department to other City departments, elected officials, and outside agencies; coordinates department activities with those of other departments and outside agencies and organizations.
 Directs and participates in the preparation, review, and presentation of reports; provides recommendations to the City Manager, City Council, various boards as required; manages special projects as assigned by the City Manager.
 Receives, investigates, and responds to the most difficult and sensitive complaints, inquiries, and requests for services and takes necessary action to resolve.  Maintains and directs the maintenance of working and official departmental files.  Monitors changes in laws, regulations and technology that may affect City or departmental operations; implements policy and procedural changes as required.  Ensures staff observe and comply with all City and mandated safety rules, regulations, and protocols.
 Performs related duties as required.

QUALIFICATIONS
Education and Experience:

Any combination of training and experience which would provide the required knowledge, skills and abilities is qualifying. A typical way to obtain the required qualifications would be:

Education:

Equivalent to a bachelor’s degree from an accredited college or university with major coursework in civil engineering or a related field.

Experience:

Eight (8) years of increasing responsible public works and/or construction management experience, including four (4) years of administrative, supervisory and management experience.
4 Public Works Director

Licenses and Certifications:
 Possession of a valid California Driver’s License and a satisfactory driving record, to be maintained throughout employment.

Possession of a valid California registration as a Professional Engineer (PE), highly desirable.

Knowledge of:
 Organization and management practices as applied to the development, analysis, and evaluation of programs, policies, and operational needs of the Public Works Department.  Principles and practices of employee supervision, including work planning, assignment review and evaluation, discipline, and the training of staff in work procedures.  Principles and practices of leadership.
 Administrative principles, practices, and methods including goal setting, program development, implementation and evaluation, policy and procedure development, quality control, and work standards.
 Principles and techniques for working with groups and fostering effective team interaction to ensure teamwork is conducted smoothly.
 General principles of risk management related to the functions of the assigned area.  Principles, practices, techniques, procedures and standards of capital improvement engineering, design, construction, inspection, funding, and long-term maintenance.  Principles and concepts of municipal infrastructure maintenance, repair, and replacement.  Principles and practices of budget development and administration.  Modern and complex principles and practices of program development and administration.  Technical, legal, financial, and public relations problems associated with the management of public works programs.
 Grant application and administration.
 Applicable federal, state, and local laws, codes, and regulations as well as industry standards and best practices pertinent to the assigned area of responsibility.  City and mandated safety rules, regulations, and protocols  Techniques for providing a high level of customer service, by effectively dealing with the public, vendors, contractors, and City staff.
 The structure and content of the English language, including the meaning and spelling of words, rules of composition, and grammar.
 Modern equipment and communication tools used for business functions and program, project, and task coordination, including computers and software programs relevant to work performed.

Ability to:
 Select and supervise staff, provide training and development opportunities, ensure work is performed effectively, and evaluate performance in an objective and positive manner.  Develop and implement goals, objectives, practices, policies, procedures, and work standards.
 Provide administrative, management, and professional leadership for the Public Works Department.
 Plan, organize, administer, coordinate, review, and evaluate a comprehensive public work design, engineering, construction, and maintenance program.  Prepare and administer large and complex budgets; allocate limited resources in a costeffective manner.  Conduct effective negotiations with governmental agencies, contractors, vendors, and various business, professional, regulatory, and legislative organizations.  Analyze problems, identify alternative solutions, project consequences of proposed actions and implement recommendations in support of goals. 5 Public Works Director

 Make accurate arithmetic, financial and statistical computations.  Direct the maintenance of and maintain accurate records and files.  Understand, interpret, and apply all pertinent laws, codes, regulations, policies and procedures, and standards relevant to work performed.
 Effectively represent the department and the City in meetings with governmental agencies; community groups; various business, professional, and regulatory organizations; and in meetings with individuals.
 Prepare clear and concise reports, correspondence, documentation, and other written materials.
 Use tact, initiative, prudence, and independent judgment within general policy, procedural, and legal guidelines.
 Independently organize work, set priorities, meet critical deadlines, and follow-up on assignments.
 Communicate clearly and concisely, both orally and in writing, using appropriate English grammar and syntax.
 Establish, maintain, and foster positive and effective working relationships with those contacted in the course of work.
 Effectively use computer systems, software applications relevant to work performed, and modern business equipment to perform a variety of work tasks.

SUPPLEMENTAL INFORMATION

PHYSICAL DEMANDS
Subject to any reasonable accommodations that is required by the American and Disabilities Act (ADA) or California Disabled Persons Act (CDPA).

Must possess mobility to work in a standard office setting and use standard office equipment, including a computer; to operate a motor vehicle and visit various City sites; vision to read printed materials and a computer screen; and hearing and speech to communicate in person and over the telephone. This is primarily a sedentary office classification although standing in work areas and walking between work areas may be required. Finger dexterity is needed to access, enter, and retrieve data using a computer keyboard or calculator and to operate standard office equipment. Positions in this classification occasionally bend, stoop, kneel, reach, push, and pull drawers open and closed to retrieve and file information. Employees must possess the ability to lift, carry, push, and pull materials and objects up to 10 pounds.

When assigned to field work, must possess mobility to work in changing site conditions; possess the strength, stamina, and mobility to perform light physical work; to sit, stand, and walk on level, uneven, or slippery surfaces; to reach, twist, turn, kneel, and bend,; and to operate a motor vehicle and visit various City sites; vision to inspect site conditions and work in progress. The job involves fieldwork requiring frequent walking in operational areas to identify problems or hazards, with exposure to hazardous materials in some site locations. Employees must possess the ability to lift, carry, push, and pull materials and objects averaging a weight of 20 pounds, or heavier weights, in all cases with the use of proper equipment and/or assistance from other staff.

ENVIRONMENTAL CONDITIONS
Employees work in an office environment with moderate noise levels and controlled temperature conditions, although there may be occasional exposure to inclement weather conditions, noise, 6 Public Works Director

dust, and potentially hazardous materials. Employees may interact with upset staff and/or public and private representatives in interpreting and enforcing departmental policies and procedures.

WORKING CONDITIONS
May be required to work on evenings, weekends, and holidays.

DISASTER SERVICE WORKER
In accordance with California Government Code Section 3100, City of Malibu employees are considered disaster service workers and may be asked to respond in the event of an emergency or natural disaster.
7 City of Malibu

ASSISTANT PUBLIC WORKS DIRECTOR/

CITY ENGINEER
Class Description
September 2026
FLSA: Exempt

DEFINITION
Under the direction of the Director of Public Works, this management position oversees the Engineering Division, assists in the administration of the Public Works Department, including public works, engineering, transportation, public and private sub-division development reviews, capital projects, FEMA floodplain management, assessment districts, Stormwater (NPDES) management, permitting, consultant management, working with regulatory and outside agencies, provides professional assistance to the Public Works Director, the City Council, other departments and others in areas of expertise; oversees, reviews and performs a variety of studies and prepares and presents staff reports; and performs related work as required. May perform the duties of the Director of Public Works in their absence.

SUPERVISION RECEIVED AND EXERCISED
Receives general direction by the Public Works Director. Exercises direct supervision over supervisory, professional, technical, and administrative support staff.

CLASS CHARACTERISTICS
This is a single-position mid-management classification in the Public Works Department. The incumbent assists with the daily operations of the Public Works Department and is primarily responsible for managing the department’s public works city engineering services activities. Requires an extensive professional background in public works agencies and private civil engineering organizations relating to sub-divisions and developments; city engineering; as well as planning and coordination of capital improvement projects. Work is performed within a broad framework of general policy and requires creativity and resourcefulness to accomplish goals and objectives in order to apply concepts, plans and strategies that may require a variety of non-conventional methods and systems to achieve established goals and objectives. This class is distinguished from the Public Works Director in that the latter has overall responsibility for all engineering functions. Positions generally serve as advisors and contributors to executive management on policies, procedures, and major City initiatives. 8 ATTACHMENT 2
Assistant Public Works Director/City Engineer

EXAMPLES OF ESSENTIAL JOB FUNCTIONS (Illustrative Only) Management reserves the right to add, modify, change, or rescind the work assignments of different positions and to make reasonable accommodations so that qualified employees can perform the essential functions of the job.  Assists the Director of Public Works in managing and directing the Public Works Department; assume the duties of the Director of Public Works in the director’s absence. Assist in the development and implementation of departmental goals, objectives, policies, and procedures.  Plan, organize, and direct Engineering Division activities, including Civil Engineering, Traffic Engineering, and all other related activities.  Continuously monitors and evaluates the efficiency and effectiveness of service delivery methods and procedures; assesses and monitors workload, administrative and support systems, and internal reporting relationships; identifies opportunities for improvement and reviews with the Director of Public Works; directs the implementation of improvements.  Recommend the appointment of personnel; provide or coordinate staff training; conduct performance evaluations; implement discipline procedures as required; maintain discipline and high standards necessary for the efficient and professional operation of the department.  Develop and implement the work plan for the Engineering Division; identify and resolve problems, assign work activities, projects, and programs; monitor workflow; reviews and evaluates work products, methods, and procedures.
 Prepare the Public Works Department budget; assist in budget implementation; participate in the forecast of additional funds needed for staffing, equipment, materials, and supplies; administer the approved budget. Oversee the preparation of construction plans, specifications, and estimates for utilities, streets, and other public infrastructure; develop engineering criteria for project design.
 Oversees the development of consultant requests for proposal for professional and/or construction services and the advertising and bid processes; evaluates proposals and recommends project award; administers contracts after award.
 Negotiates and administers contracts for construction projects; ensures contractor compliance with City standards and specifications, time, and budget estimates; analyzes and resolves complex problems that may arise; recommends and approves field changes as required.
 Participate in or oversee the preparation of utility master plans and projects for the Capital Improvement Program; prepare and review written reports and recommend strategies to address the City's utility and public infrastructure assets.
 Analyzes civil engineering plan design, specifications, consultant, and staff comments in accordance with design requirements and municipal and intergovernmental standards and regulations; recommends approval or additional engineering conditions and changes.
9 Assistant Public Works Director/City Engineer

 Oversee proposed private development to ensure regulatory compliance of subdivision maps, surveys, parcel maps, and plans for construction of public improvements; provide comments and conditions for development entitlements and permits.
 Meets and confers with contractors, engineers, developers, architects, a variety of outside agencies, and the general public on development issues and acquiring information.
 Oversee all phases of public works engineering projects including conceptualization, survey, right-of-way acquisition, design, bidding, construction, and inspection.
 Review and recommend approval of subdivision public improvement agreements, development agreements, and bonds.
 Review and/or recommend approval of parcel and tract maps, lot line adjustments, lot ties, legal descriptions, easements, vacations, encroachments, and plans prepared by private engineers for the development of subdivisions and work within public rights-of-way.  Maintain engineering records including maps, plans, survey notes, and the Department's Geographic Information System (GIS).
 Conducts a variety of organizational studies, investigations, and operational studies; recommends modifications to engineering programs, policies, and procedures as appropriate.
 Prepares, reviews, and completes various reports, including City Council agenda reports, employee performance reviews and division related documentation and correspondence.
 Provides technical information and instruction regarding applicable procedures and methods; interprets and explains rules, regulations, and procedures; answers questions and resolves concerns.
 Serves as a liaison for the Engineering Division and Public Works Department with other City departments, divisions, and outside agencies; attends meetings, as necessary; provides staff support to commissions, committees, and task forces, as necessary; negotiates and resolves significant and controversial issues.
 Provides highly complex staff assistance to the Public Works Director; prepares and presents staff reports and other necessary correspondence.  Conducts a variety of organizational studies, investigations, and operational studies; recommends modifications to Engineering programs, policies, and procedures, as appropriate.
 Develops and reviews staff reports related to engineering activities and services; presents reports to the City Council and various commissions, committees, and boards; performs a variety of public relations and outreach work related to planning activities.
 Participates on a variety of boards, commissions, committees, and task forces; attends and participates in professional groups and committees; stays abreast of new trends and innovations in the field of Civil Engineering. 10 Assistant Public Works Director/City Engineer

 Confers with engineers, developers, architects, a variety of agencies and the general public in acquiring information and coordinating engineering matters; provides information regarding City development requirements.  Receives, investigates, and responds to problems and complaints from citizens in a professional manner; identifies and reports findings and takes necessary corrective action.
 Prepares plans, specifications, and cost estimates for capital improvement projects.
 Provides assistance with management and administration of Landslide Assessment Districts.
 Performs other duties as assigned.

QUALIFICATIONS
Knowledge of:
 Principles and practices of civil engineering as applied to the planning, design, cost estimating, construction, installation, and inspection of a wide variety of municipal facilities, miscellaneous buildings, and structures.  Civil and transportation engineering principles, concepts, standards, and practices associated with public works programs and private development projects.
 Principles and practices of environmental impact assessment and related regulatory processes.
 Methods, materials, and techniques used in the construction of public works projects.
 Contract management practices in a public agency setting.  Request for proposal (RFP) process for consultant acquisition and public bidding of construction projects.
 Operational characteristics, services, and activities of a municipal engineering program.
 Organizational and management practices as applied to the analysis and evaluation of programs, policies, and operational needs.  Modern and complex principles and practices of program development and administration.
 Subdivision Map Act and subdivision agreements and conveyances.  Principles and practices of highway design.
 Principles, methods, and practices of construction and grading.  Computer applications related to the work, including computer-aided drafting concepts and applications.
 Sources of information related to engineering theory and practices applicable to wastewater treatment and collections, as well as levee construction, maintenance, and repair.
11 Assistant Public Works Director/City Engineer

 Practices of researching engineering and design issues, evaluating alternatives, making sound recommendations, and preparing and presenting effective staff reports.
 Safety hazards and safety precautions related to work assignments.  Principles and practices of public agency budget development, administration, and accountability.
 Principles and practices of employee supervision, including work planning, assignment, review and evaluation and the training of staff in work procedures.
 Applicable Federal, State, and local laws, codes, and regulations.  General understanding and working knowledge of Caltrans programs, processes, projects, and procedures
 General principles of risk management related to the functions of the assigned area.
 Standard office support practices and procedures, including the use of standard office equipment.
 Computer applications related to the work, including word processing, spreadsheet, and database applications, including Microsoft Outlook and GIS
 Techniques for effectively representing the City in contacts with governmental agencies, community groups, various business, professional, educational, and regulatory organizations and with property owners, developers, contractors, and the public.
 Techniques for dealing effectively with the public, vendors, contractors, and City staff, in person and over the telephone.
 Techniques for providing a high level of customer service to public and City staff, in person and over the telephone.

Skill in:
 Planning, organizing, and directing effective capital improvement and public works engineering services programs.
 Recommending and implementing goals, objectives, and practices for providing effective and efficient engineering services.  Providing administrative and professional leadership and direction for the Engineering Division.
 Conducting complex civil engineering research projects, evaluating alternatives, making sound recommendations, and preparing effective technical reports.
 Analyzing and interpreting engineering plans and specifications in accordance with design requirements and applicable standards and regulations.
 Researching, analyzing, and evaluating new service delivery methods, procedures, and techniques.
 Preparing and administering large and complex budgets. 12 Assistant Public Works Director/City Engineer

 Interpreting, applying, explaining, and implementing complex laws, codes, regulations, and ordinances.
 Effectively representing the department and the City in meetings with the Board of Directors, governmental agencies, community groups, various business, professional, and regulatory organizations, and individuals.  Planning, organizing, scheduling, assigning, reviewing, and evaluating the work of staff.
 Training staff in work procedures.
 Preparing clear and concise reports, correspondence, policies, procedures, and other written materials.
 Making effective public presentations including technical material to nontechnical audiences.  Managing and maintaining accurate records and files.
 Operating modern office equipment including computer equipment and software programs, such as word processing, spreadsheet, and computer aided design (CAD) software and applications.
 Using English effectively to communicate in person, over the telephone and in writing.
 Using tact, initiative, prudence and independent judgment within general policy, procedural and legal guidelines.
 Establishing and maintaining effective working relationships with employees and those contacted in the course of the work.

Education and Experience:

Any combination of training and experience that would provide the required knowledge, skills and abilities is qualifying. A typical way to obtain the required qualifications would be:

Equivalent to graduation from an Accreditation Board for Engineering and Technology (ABET) accredited four-year college or university with major coursework in civil engineering or a related field. Master’s degree in engineering or related field is desirable.

Eight (8) years of civil engineering and/or public works experience, including two (2) years of supervisory experience. Possession of a master’s degree may be substituted for one year of the required experience.

License and Certification:

Must possess and maintain a valid California class C driver license and have a satisfactory driving record.

Must possess a valid certificate or registration as a Professional Engineer (PE) in the State of California upon appointment.
13 Assistant Public Works Director/City Engineer

SUPPLEMENTAL INFORMATION

PHYSICAL DEMANDS
Subject to any reasonable accommodations that is required by the American with Disabilities Act (ADA) or California Disabled Persons Act (CDPA).

When assigned to an office environment, must possess mobility to work in a standard office setting and use standard office equipment, including a computer; vision to read printed materials and a computer screen; and hearing and speech to communicate in person and over the telephone; ability to stand and walk between work areas may be required. Finger dexterity is needed to access, enter, and retrieve data using a computer keyboard or calculator and to operate standard office equipment. Positions in this classification occasionally bend, stoop, kneel, reach, push, and pull drawers open and closed to retrieve and file information.

When assigned to field work, must possess mobility to work in changing site conditions; possess the strength, stamina, and mobility to perform light physical work; to sit, stand, and walk on level, uneven, or slippery surfaces; to reach, twist, turn, kneel, and bend,; and to operate a motor vehicle and visit various City sites; vision to inspect site conditions and work in progress. The job involves fieldwork requiring frequent walking in operational areas to identify problems or hazards, with exposure to hazardous materials in some site locations. Employees must possess the ability to lift, carry, push, and pull materials and objects averaging a weight of 20 pounds, or heavier weights, in all cases with the use of proper equipment and/or assistance from other staff.

ENVIRONMENTAL CONDITIONS
Employees work in an office environment with moderate noise levels, controlled temperature conditions, and no direct exposure to hazardous physical substances.

Employees also work in the field and are exposed to loud noise levels, cold and hot temperatures, inclement weather conditions, road hazards, vibration, chemicals, mechanical and/or electrical hazards, and hazardous physical substances and fumes. Employees may interact with upset staff and/or public and private representatives in interpreting and enforcing departmental policies and procedures.

WORKING CONDITIONS
May be required to work on evenings, weekends, and holidays. 14 Assistant Public Works Director/City Engineer

DISASTER SERVICE WORKER
In accordance with California Government Code Section 3100, City of Malibu employees are considered disaster service workers and may be asked to respond in the event of an emergency or natural disaster.
15

Agenda Item #1.B.8.

Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Chris Orosz, Recreation Manager
Reviewed by: Kristin Riesgo, Community Services Director Approved by: Joseph D. Irvin, City Manager
Date prepared: September 10, 2026 Meeting date: September 28, 2026 Subject: Earth Friendly Management Policy Annual Report RECOMMENDED ACTION: Receive and file the Earth Friendly Management Policy annual report from July 2025 to June 2026.

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

STRATEGIC PLAN IMPLEMENTATION: N/A
DISCUSSION: On June 24, 2019, Council adopted Resolution 19-32, implementing the Earth Friendly Management Policy (EFMP) (malibucity.org/earthfriendly). The EFMP was adopted following the completion of an Initial Study, as required under the California Environmental Quality Act. The EFMP replaced the Integrated Pest Management Policy and Organic-Only Pesticides Pilot Program. The EFMP applies to all City-owned, managed, or leased properties except those not studied in the Initial Study.

The Parks and Recreation Commission (Commission) is responsible for the oversight of the EFMP. In 2021, the Commission established an EFMP Working Group (Working Group) to review and provide feedback on program and outreach development, education, and partnership strategies. The Working Group meets quarterly, and members include Kian Shulman, Commission Chair Judy Villablanca, Commissioner Georgia Goldfarb, and Dr. Florybeth La Valle from Pepperdine University. Additionally, the Commission receives quarterly EFMP updates at a Regular meeting.

A requirement of the policy includes an annual report provided to Council outlining goals, accomplishments, key initiatives, and emergency use of organic pesticides.

City Council Meeting
09-28-26
Item

1.B.8.
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Agenda Item #1.B.8.

Priorities, accomplishments, and organic pesticide use from July 2025 through June 2026 are outlined below,
· Partnered with the Malibu Library to host educational classes focused on policy initiatives
· Organized a pollinator plant giveaway at Legacy Park in partnership with the Los Angeles County Fire Department Forestry Division
· Oversaw landscape maintenance at City properties to ensure work was completed following the EFMP
· Completed the 2025 Mayors’ Monarch Pledge
· Installed a Pollinator Garden at Malibu Bluffs Park in Partnership with the Santa Monica Mountains Fund
· Offered five educational lectures in partnership with the Malibu Monarch Project.

Experts on various subjects provided information on Chaparral Ecology, Santa Monica Mountains Biodiversity, and watersheds of the Santa Monica Mountains.

Lecture series attendance exceeded 145 individuals.
· Completed seasonal non-native plant removal at all City Parks by mechanical methods or hand-weeding
· Initiated the emergency use of Pyrethrum Concentrate at Malibu Bluffs Park Michael Landon Center due to an insect infestation
The EFMP working group established the following goals for Fiscal Year 2026-27, · Complete and present quarterly reports to the Parks and Recreation Commission · Complete and provide an annual report to Council
· Continue mitigation methods in compliance with the policy · Complete the 2026 Mayors’ Monarch Pledge
· Offer public education on earth-friendly landscape and gardening management, waste management, wildlife protection, and rodent solutions · Add earth-friendly management data and education on pre-existing Community Services Department app-based platforms, such as Agents of Discovery and social media
· Collaborate with Pepperdine University Biology Department to complete a scientific analysis of Legacy Park environmental systems
· Provide service-learning opportunities with the Harry Barovsky Memorial Youth Commission related to earth-friendly management
· Work with Malibu schools to offer educational sessions on environmental stewardship
ATTACHMENTS: 2025-26 Earth Friendly Management Policy Annual Report 2 ATTACHMENT 1
Malibu City Council
Earth Friendly Management Policy Annual Report
July 2025 to June 2026
Section Action Taken
Limited Use
Emergency
Exemptions
- Pyrethrum Concentrate at Malibu Bluffs Park Michael
Landon Center
Exclusion and
Biological Controls
- Regularly filled rodent holes to mitigate issues at Malibu Bluffs Park sports fields
- Monitored City dumpsters to ensure the locking lid
mechanisms were in place and secure at City Hall,
Malibu Bluffs Park, Equestrian Park, and Charmlee
Wilderness Park
- Installed mulch to help trees and landscape retain
moisture and suppress weeds (all parks)
- Completed rodent mitigation under storage containers
at Malibu Bluffs Park
- Completed seasonal removal of nonnative invasive
plants (all parks)
- Used hand tools and hand-pulling weeding methods at
all (all parks)
Educational
- Partnered with the Malibu Library to host EFMP
educational classes
- Continued development of EFMP web pages
(MalibuCity.org/EarthFriendly) based on feedback from
the EFMP Working Group
- Updated the Legacy Park and Malibu Bluffs Park
Agents of Discovery app-based “challenges” for public
education
- Organized a native plant giveaway in partnership with the Los Angeles County Fire Department Forestry
Division
- Completed the first environmentally focused lecture
series in partnership with the Malibu Monarch Project
- Installed a pollinator garden at Malibu Bluffs Park in partnership with the Santa Monica Mountain Fund
3 ATTACHMENT 1
Other
- Completed the 2025 National Wildlife Federation
Mayors’ Monarch Pledge
- Applied for the 2026 National Wildlife Federation
Mayors’ Monarch Pledge
4

Agenda Item # 1.B.9
Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Julie Santia, Associate Engineer
Reviewed by: Tatiana Holden, Assistant Public Works Director/City Engineer Approved by: Joseph D. Irvin, City Manager
Date prepared: August 18, 2026 Meeting date: September 28, 2026 Subject: Award Kanan Dume Biofilters Project
RECOMMENDED ACTION: 1) Approve the award and authorize the Mayor to execute a construction contract with Wright Construction Engineering Corp, in the amount of $293,000 for the construction of the Kanan Dume Biofilters Project, Specification No. 2117; and 2) Authorize the Public Works Director to approve any potential change orders up to 15% of the contract amount.

FISCAL IMPACT: No additional appropriation is required. Funding for this agreement is included in the Adopted Budget for FY 2026-27 in Account No. 310-9103-5100 (Kanan Dume Biofilter).

Project Funding
Measure W $580,000
Project Total Funding $580,000
Project Estimate
Design Cost $88,700
Construction Cost $293,000
Contingency (15%) $43,950
Project Total Costs $425,650
City Council Meeting
09-28-26
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Agenda Item # 1.B.9
STRATEGIC PLAN IMPLEMENTATION: This item supports the City’s 2025-2028 Strategic Plan Goal 3: Infrastructure Resilience
Goal 3: Advance Infrastructure Resilience
Strategy: To reduce the pollutants in stormwater and to comply with the Public Works MS4 permit requirements.

DISCUSSION: The Kanan Dume Biofilters Project was identified in Watershed Management Program (WMP) as a stormwater control measure to reduce pollutants in stormwater runoff and support compliance with the City’s MS4 Permit. The City retained Kimley-Horn and Associates to prepare the project design.

Following completion of the project plans and specifications, the project was advertised for construction bids. On August 20, 2026, the City received seven (7) construction bids, summarized below:

Contractor Bid Amount
J&H Engineering Non-responsive
Wright Construction Engineering Corp $293,000
Cedro Construction $333,677
Toro Enterprises $390,811
GMZ Engineering $467,001
Clarke Construction $520,301
Bali Construction $599,920
J&H Engineering submitted the lowest bid, but was determined to be non-responsive.

Wright Construction Engineering Corp submitted a responsive bid in the amount of $293,000. Staff reviewed the bid and determined that it conforms to the contract bid requirements.

Staff also verified that Wright Construction Engineering Corp’s contractor license is current and active with the Contractors State License Board. References contacted by staff have reported satisfactory performance on prior projects, and the contractor has more than 11 years of experience completing similar work. Based on its review, staff determined that Wright Construction Engineering Corp is qualified to complete the proposed project.

Staff recommends the Council approve the award and authorize the Mayor to execute an agreement with Wright Construction Engineering Corp in the amount of $293,000 and authorize the Public Works Director to approve potential change orders up to 15% of the contract amount.
2

Agenda Item # 1.B.9
Staff Follow-Up: Upon Council approval, staff will finalize the agreement with the necessary signatures and issue a Notice to Proceed for construction of the project.

Construction is anticipated to start in late October and be completed in December 2026.

ATTACHMENTS: Agreement with Wright Construction Engineering Corp 3 65273.00001\45407385.1

CITY OF MALIBU

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

R E C I T A L S
A. Pursuant to the Notice Inviting Sealed Bids for Kanan Dume Biofilter Project bids were received, publicly opened, and declared on the date specified in the notice.

B. On September 28, 2026, Malibu’s City Council declared CONTRACTOR to be the lowest responsible bidder and accepted the bid of CONTRACTOR.

C. The City Council has authorized the Mayor to execute a written contract with CONTRACTOR for furnishing labor, equipment and material for the Kanan Dume Biofilter Project in the City of Malibu.

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

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

2. INCORPORATED DOCUMENTS TO BE CONSIDERED COMPLEMENTARY: The contract documents for the aforesaid project, a complete set of which is on file with the Malibu City Clerk’s Office, shall consist of the Notice Inviting Bids, Instructions to Bidders, Bid Proposal, Standard Specifications, Special Provisions, and all referenced specifications, details, standard drawings, and appendices; together with this Agreement and all required bonds, insurance certificates, permits, notices and affidavits; and also, including any and all addenda or supplemental agreements clarifying, amending, or extending the work contemplated as may be required to insure its completion in an acceptable manner. All of the provisions of said contract documents are made a part hereof as though fully set forth herein. This Agreement is intended to require a complete and finished piece of work and anything necessary to complete the work properly and in accordance with the law and lawful governmental regulations shall be performed by CONTRACTOR whether set out specifically in the contract or not. Should it be ascertained that any inconsistency exists between the aforesaid documents and this written Agreement, the provisions of this Agreement, and the Standard Specifications, in that order, shall control. Collectively, these contract documents constitute the complete Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 4 Public Works Agreement
Wright Construction Engineering, a California corporation

agreement between CITY and CONTRACTOR and supersede any previous agreements or understandings.

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

4. TIME OF PERFORMANCE: CONTRACTOR agrees to complete the work within 45 consecutive working days from the date of the notice to proceed. By signing this Agreement, CONTRACTOR represents to CITY that the contract time is reasonable for completion of the work and that CONTRACTOR will complete such work within the contract time. In accordance with Government Code Section 53069.85, CONTRACTOR agrees to forfeit and pay CITY as liquidated damages, not as a penalty, the sum of $500 per day for each and every day of unauthorized delay beyond the completion date, which amount shall be deducted from any payments due or to become due the CONTRACTOR.

5. PREVAILING WAGES:

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

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

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

D. Labor Code Section 1777.5 requires CONTRACTOR or subcontractor employing tradesmen in any apprenticeship occupation to apply to the joint apprenticeship committee nearest the site of the public works project and which administers the apprenticeship program in that trade for a certificate of approval. The certificate Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 5 Public Works Agreement
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must also fix the ratio of apprentices to journeymen that will be used in the performance of the contract. The ratio of apprentices to journeymen in such cases will not be less than one to five except:
(1) When employment in the area of coverage by the joint apprenticeship committee has exceeded an average of 15 percent in the 90 days before the request for certificate, or
(2) When the number of apprentices in training in the area exceeds a ratio of one to five, or
(3) When the trade can show that it is replacing at least 1/30 of its membership through apprenticeship training on an annual basis state-wide or locally, or
(4) When CONTRACTOR provides evidence that CONTRACTOR employs registered apprentices on all of his contracts on an annual average of not less than one apprentice to eight journeymen.
(5) CONTRACTOR is required to make contributions to funds established for the administration of apprenticeship programs if CONTRACTOR employs registered apprentices or journeymen in any apprenticeable trade on such contracts and if other contractors on the public works site are making such contributions.
(6) CONTRACTOR and any subcontractor must comply with Labor Code Sections 1777.5 and 1777.6 in the employment of apprentices. (7) Information relative to apprenticeship standards, wage schedules and other requirements may be obtained from the Department of Industrial Relations (DIR), ex-officio the Administrator of Apprenticeship, San Francisco, California, or from the Division of Apprenticeship Standards and its branch offices.

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

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

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

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

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

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

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

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

Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 7 Public Works Agreement
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c. In the event Indemnitees are made a party to any action or proceeding filed or prosecuted against CONTRACTOR for damages or other claims arising out of or in connection with the work, operation or activities hereunder, CONTRACTOR agrees to pay to Indemnitees and any all costs and expenses incurred by Indemnitees in such action or proceeding together with reasonable attorneys' fees.

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

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

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

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

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

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

Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 8 Public Works Agreement
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10. WORKERS COMPENSATION: In accordance with California Labor Code Sections 1860 and 3700, CONTRACTOR and each of its subcontractors will be required to secure the payment of compensation to its employees. In accordance with the provisions of California Labor Code Section 1861, CONTRACTOR, by signing this contract, certifies as follows: “I am aware of the provisions of Section 3700 of the Labor Code which require every employer to be insured against liability for worker's compensation or to undertake self-insurance in accordance with the provisions of that code, and I will comply with such provisions before commencing the performance of the work of this contract.”

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

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

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

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

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

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

17. RECORDS: CONTRACTOR shall maintain accounts and records, including personnel, property, and financial records, adequate to identify and account for all costs pertaining to this Agreement and such other records as may be deemed necessary by CITY or any Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 9 Public Works Agreement
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authorized representative, and will be retained for three years after the expiration of this Agreement. All such records shall be made available for inspection or audit by CITY at any time during regular business hours.

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

19. WHOLE AGREEMENT: This Agreement supersedes any and all other agreements either oral or written, between the parties and contains all of the covenants and agreements between the parties pertaining to the work of improvements described herein. Each party to this contract acknowledges that no representations, inducements, promises or agreements, orally or otherwise, have been made by any party, or anyone acting on behalf of any party, which are not embodied herein, and that any other agreement, statements or promise not contained in this contract shall not be valid or binding. Any modifications of this contract will be effective only if signed by the party to be charged.

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

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

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

CITY OF MALIBU
23825 Stuart Ranch Road
Malibu, CA 90265
Attn: Tatiana Holden, Assistant Public Works Director/City Engineer Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 10 Public Works Agreement
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CONTRACTOR
Wright Construction Engineering, a California corporation 2625 S Santa Fe Ave
San Marcos CA 92069
Attn: Wes Wright, President

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

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

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

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

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

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

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement with all the formalities required by law on the respective dates set forth opposite their signatures.

This Agreement is executed on this day of , 2026, at Malibu, California, and effective as of _____________, 2026.

CITY OF MALIBU:
_______________________________________
BRUCE SILVERSTEIN, Mayor
ATTEST:
___________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
APPROVED AS TO FORM:
___________________________________
TREVOR RUSIN, Interim City Attorney
CONTRACTOR:
________________________________________
Wes W. Wright, President
CONTRACTOR’S State of California License No.
_________________________________________
CONTRACTOR’S Business Phone No.
_________________________________________
CONTRACTOR’S Emergency Phone No. at which
contractor can be reached at any time
_________________________________________
_________________________________________
_________________________________________
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 941-321-0535
995153
760-599-3915
12 NOTICE INVITING BIDS
NOTICE IS HEREBY GIVEN that sealed bids forthe City of Malibu, KANAN DUME ROAD BIOFILTER PROJECT, SPECIFICATION NO. 2117 will be received by the City Clerk, at Malibu City Hall, 23825 Stuart Ranch Road, Malibu, California, 90265 at or before 3:30 p.m. on Thursday, August 20, 2026, at which time they will be publicly opened and read by the City Clerk (or designated representative).

SCOPE OF WORK
The work consists of furnishing and installing a modular stormwater filtration system, including all excavation, trenching, bedding, structural connections, and utility tie-ins necessary to integrate the unit into the existing storm drain network. The contractor shall coordinate inlet and outlet pipe alignments, ensure compliance with ASTM standards and local jurisdictional requirements, and restore all disturbed surfaces to pre-construction condition. Work also includes traffic control, erosion and sediment control measures, and proper disposal of construction debris in accordance with City of Malibu standards.

The bid shall be submitted and the work shall be performed by a Class “A” State of California licensed contractor in strict conformance with the project specifications for KANAN DUME ROAD BIOFILTER PROJECT SPECIFICATION NO. 2117 now on file in the City’s Public Works Department.

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

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

The City reserves the right to retain all bids for a period of 90 days after the bid opening date for examination and comparison and to delete any portion of the work from the Contract. The City reserves the right to determine and waive non-substantial irregularities in any bid, and to reject any or all bids. The bid shall be balanced so that each bid item is priced to carry its share of the cost of the work and also its share of the contractor’s overhead and profit. The City reserves the right to delete any bid item to the extent that the bid is qualified by specific limitation. An unbalanced bid shall be considered as grounds for rejecting the entire bid. The City shall award the bid to the lowest responsible bidder as the interest of the City may require. ln accordance with the provisions of Division 2, Part 7, Chapter 1 ofthe California Labor Code, the California Department of Industrial Relations has established the general prevailing rates of per diem wages for each craft, classification and type of work needed to execute contracts for public works and improvements. The per diem wages published at the date the contract is advertised for bids shall be applicable. Future effective wage rates which have been predetermined are on file with the Department of Industrial Relations, are referenced but not printed in said publication. The new wage rates shall become effective on the day following the expiration date and apply to this contract in the same manner as ifthey had been included or referenced in this contract. The website for

EXHIBIT A
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 13 California Department of Industrial Relations Prevailing Wage Unit is currently located at www.dir.ca.gov, prevailing wages are located on the website at http://www.dir.ca.gov/dlsr/pwd/index.htm.

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

At the time of submitting the bid the Bidder shall be registered with the California Department of Industrial Relations in accordance with the provisions of Section 1771 .1 of the California Labor Code, as amended by Senate Bill 854. No public work contract may be awarded to a non-registered contractor or subcontractor.

Without exception, the bidder is required to state the name and address of each subcontractor who will perform work or labor or render service to the prime contractor and the portion of the work which each will do in their bid as required by Section 2-3, "Subcontracts", of the Standard Specifications and in conformance with Public Contract Code, Sections 41 00 to 4113, inclusive.

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

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

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

Date this 23rd day of July, 2026

CITY OF MALIBU, CALIFORNIA
WM%L
Tatiana Holden, Assistant Public Works Director/City Engineer Published: Malibu Times on July 30, 2026 and August 6, 2026 Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 14 CITY OF MALIBU

PUBLIC WORKS DEPARTMENT

CONSTRUCTION BID COVER PAGE FOR

KANAN DUME ROAD BIOFILTER PROJECT
Specification No. 2117 Inciuding Sheets of Plans
Bids to be Received on or before August 20', 2026 AT 3:30 PM.

Completion Time: 45 Consecutive Working Days
Liquidated Damages
A. Failure to compiete work on time: $500.00 Per Calendar Day (Sec. 6-9.1) B. Failure to keep traffic lanes open: $500.00 Per Hour (Sec. 6-9.2) Number of Pages in Construction Bid: 16

CONTRACTOR
Name Wright Construction Engineering Corp
Street Address 2625 Santa Fe Ave.

City San Marcos State CA Zip Code 92059
Telephone 760599-3915
Fax Number 760-599-3920 (Optional)
Email [email protected]
The bid shall be balanced so that each bid item is priced to carry its share of the cost of the work and also its share of the contractor’s overhead and profit. The City reserves the right to delete any bid item to the extent that bid is qualified by specific limitation. An unbalanced bid shall be considered as grounds for rejecting the' entire bid.

CONTRACTOR SHALL SUBMIT PAGES 14 THROUGH 29 FULLY EXECUTED WITH

THIS BID
14 EXHIBIT B
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 15 INSTRUCTIONS FOR SIGNING BID, BONDS AND CONTRACT
Corporations
a) Give name of Corporation.
b) Signatures: President or Vice-president and Secretary or Assistant Secretary.
c) Affix corporate seal and notary's acknowledgment where noted or required. d) Others may sign for the corporation if the City has been furnished certified copy of resolution of the corporate board of directors authorizing them to do so.

Partnerships
a) Signatures: Ail members of partnership. One may sign if City has copy of authorization
b) Affix notary's acknowledgment where noted or required.

Joint Ventures
a) Give the names of the joint venturers.
b) Signatures: All joint venturers. One may sign if City has copy of authorization.

C) Affix notary's acknowledgment where noted or required.

Individuals
a) Signature: The individual. b) Affix notary's acknowledgment where noted or required.

C) Another may sign for the individual ifthe City has been furnished notarized power-of—attorney authorizing the other person to sign.

Fictitious Names
a) Show fictitious names.
b) Satisfy all pertinent requirements show above.

Bonds
a) In addition to all pertinent requirements above, give signature of Attorney-infact and apply surety's seal and provide address and telephone number of said surety.

PLEASE ADHERE TO THE APPLICABLE SIGNING INSTRUCTIONS
15 Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 16 CONTRACTOR’S BID STATEMENT
City of Malibu
Malibu, California 90265
Pursuant to the foregoing Notice Inviting Bids, the undersigned declares that he/she has carefuliy examined the location of the proposed work, that he/she has examined the Plans and Specifications and read the accompanying instructions to bidders, and hereby proposes to furnish all materials and to do all the work required to complete such work in accordance with such Plans and Specifications for the prices set forth in this Bid.

The undersigned has carefully checked all the figures in this Bid and understands that City will not be responsible for any error or omission on the part of the undersigned in preparing this bid nor will City release the undersigned on account of such error or omissmn.

The undersigned swears or affirms under penalty of perjury that the information regarding the Contractor's License is true and correct.

The undersigned further agrees that in case of default in executing the required Contract within the applicable ten (10) calendar days or thereafter failing to provide the necessary bonds, within ten (1 0) calendar days after the contract has been fully executed, the proceeds of check or bond accompanying the bid shall become the property of the City of Malibu.

Licensed in accordance with an act providing for the registration of Contractor’s License No. 995153 Class Expiration Date 7/31/2028
Names of Co-Partners or Corporation Officers and Titles:

Wes W. Wright-President, Vice—President, Secretary Treasurer Signature of Bidder %V %//W’ Signature of Bidder
Title
Name of Contractor or Firm Date of Submittal

ALL SIGNATURES MUST BE NOTARIZED
(Attach or Affix Executed Acknowledgement Form,
and Corporate Seal if Applicable
16 Wright Construction Engineering Corp Telephone No. 760-599-3915 Address 2625 Santa Fe Ave, San Marcos CA 92069
Corporation CA
Doing Business as Individual/Partnership/Corporation State of Incorporation 46-5724187 Federal Tax identification Number
California Department of industrial Relations identification Number 1000025974 Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 17 CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT
Notary Public or other offlcer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity ofthat document.

State of California
County of San Diego
On 8/20/2026 before me, Nicola Chandler V, Notary Public. personally appeared Wes W. Wrigm
who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. certify under PENALTY OF PERJURY under the laws of State of California that the foregoing paragraph is true and correct.

NtCOLA CHANDLER
Notary Public California San Dtego County
asi‘ My Comm.

Commission
Expires
at 2486040
Apr 2, 2028
WITNESS my hand and official seal.

SIGNATURE

NOTARY SEAL ABOVE
ii: a?’

OPTIONAL
Description of attached document
Title or type of document:

Document Date: Number of Pages:

Signer(s) Other than Named Above:

Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 18 CERTIFICATE OF CORPORATE RESOLUTION
WRTGHT CONSTRUCTION ENGINEERING CORP.
i, Wesley Wright, President of Wright Construction Engineering Corp., organized and existing under the laws of Caiifornia and having its principal piace of business at 3725 Trieste Dr. Carlsbad, Caiifornia, hereby certify that the foiiowing is true copy of resolution adopted by the Board of Directors of the Corporation at meeting convened and held on July 1, 2014 at which quorum was present and voting throughout and that Such resolution is now in full force and effect and is in accordance with the provisions of the charter and by—laws of the Corporation.

RESOLVED: That the President, Wesley Wright, of the Corporation is hereby authorized to sign any contracts or forms on behalf of the Corporation.

RESOLVED FURTHER: That the President, Wesley Wright, is hereby authorized and directed to ce rtify to any interested party that this resolution has been duly- adopted, is in full force and effect, and is in accordance with the provisions of the charter and by-iaws of the Corporation. further certify that this Corporation is duly organized and existing, and has the power to take the action called for by the foregoing resolution.

Witness my hand seal of this corporation on this lst day ofJuly, 2014.

DIRECTORS
//‘G¢e
/” 14/“ 2c? President Date /¢/J’;¢i {,t-j gas/ac
Vice President Date /f ci/é/i
Secretary Date
//7
ym/ fZAZ/;L‘/fz‘
Treasurer Date
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 19 PROPOSED BID SCHEDULE OF WORK AND PRICES

FOR THE CONSTRUCTION OF

KANAN DUME ROAD BIOFILTER PROJECT
SPECIFICATION NO. 2117
The contractor shall be responsible for calculating and providing totals for the schedule.

The bid schedule shall include all costs for service, labor and materials, transportation, supervision, equipment and installation associated with the work complete and in place per these specifications.

TOTAL AMOUNT OF BID iN WORDS: oil/1V5 WI
Motel/#5
By:

Contractor Submitting Bid:

Date:
eS l’eSl em
8/20/2026
17 Wright Construction Engineering Corp
@4W
Item
No.

Payment
Reference Description
Quantity Unit Unit
Price
Total
902-2 Mobiiization LS xxxx waqqa ac
901-11 Traffic Control LS XXXX 1$La0,anoc
905-5
Stormwater Pollution Prevention
Plan LS XXXX maouu. oo
916-4 Dewatering LS xxxx 4’3‘600‘ 00
915-4 Modular Wetland System LS XXXX Itwmaomxi
914-4 8-inch HDPE Storm Drain 16 LF 4a mm Weapowu
915-4 26-inch 26-inch Grate LS XXXX #Iaauou)
911-4
Cast-in-Place Concrete UChannel
1O LF WVWVO 715200-03
910-3 Asphalt Pavement Repair 250 SF II‘PKODf iaoaovo
10 913-3
S’horing, Bracing and Trench
Safety
LS xxxx ¢3Qiwnw
11 904-6 Record of Construction Changes LS XXXX #aowx 0o 12 7-6 Release on Contract LS $1.00 $1 .00
T°TAL 11mg, (Darn
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 20 The following addenda are acknowledged: Number Date
(Bidder must fill in number and date of each n/A V\0V\e, addendum or may enter the word
“None” if
appropriate.) i/\ 0146/
make this Proposai and certify under penaity of perjury that all the statements in this bid that have signed are true and correct.

Wright Construction
Engineering Corp Contractor’s Name Date 8/20/2026
Title President Signature @Wv
Contractor’s Name Date
Title Signature
18 Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 21 STATEMENT OF BIDDER’S QUALIFICATIONS AND REFERENCES
The Bidder is required to state the bidder's financial ability and general description of similar work performed. The City reserves the right to determine that any Bidder is not non-responsibie if it finds the information provided herein is inaccurate, misleading or false, or upon evidence of collusion or other illegal practices on the part of Bidder.

Failure by Bidder to complete this form completely and accurately and submit it with its bid may result in rejection of the bid as non-responsive.

Required Qualifications: Bidders must hold valid State of California Contractor's License “A” at the time the bid is submitted to the City.

The bidder must have minimum of seven (7) years of experience removing and replacing storm drain lines. Do you have minimum of seven (7) years of experience removing and replacing storm drain lines?
Yes No
To demonstrate the required experience, bidders shall provide evidence of the following:

Contractors must show that they completed five (5) projects within the last ten (1 O) years that include minimum of 100 linear feet of storm drain replacement per project and (2) two retention vault structure installations. The projects should include minimum of 8—inch storm drain replacement. The required information shall be attached to the Statement of Bidder’s Qualifications and References. Failure to provide the required information may be grounds for the City to deem the bid non—responsive.

Number of years engaged in providing the work included within the scope of the specifications under the present business name: 12
List and describe fully the last three recent contracts performed by your current company which demonstrate your ability to complete the work included with the scope of the specifications. Attach additional pages if required. The City reserves the right to contact each of the references listed for additional information regarding your firm's qualincations.

Description of work done Replace approx 260 ft of 18" RCP with 24" RCP. Construction of type cleanouts. 21 Reference No.

Customer Name City of National City
Contact Individual Josh Johnson Phone No. 858-634-81 80 Contract Amount $326,429.33 Year 2025
Address 1243 Nationa City Blvd, National City CA 91950
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 22 DescriptiOn 0f work done RemfOrced concrete pipe 12" PVC storm drain along with iaterai pipes, manhotes and catch basins.

Description Of work done lnstall storm drain, bio clean filter, pavers, sidewalk, handrail, asphalt, landscaping and striping
22 Reference No.

Customer Name City of Norco
Contactlndividual VictorSo Phone No. 951 -270-5626
Contract Amount 367,800.00 Year 2025
Address 2870 Clark Ave, Norco CA 92860
Reference No.

Customer Name Casa Romantica Cultural Center
Contactlndividual AmyBehrens Phone No. 949-498-2139
Contract Amount $645,124.57 Year 2021
Address 415 Avenida Granada, San Clemente CA 92672
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 23 Project Name Description Date Completed Agency Agericy Contact Contract Amount Percent Compiete Prime or Sub 64 Bluff Top Slope Repair
Reconstruction of slope using slope
benches and reinforced geagrid. Geouite
erosion control fabric over slope.

Excavation, remove and dispose of
asphalt. Pave new ashalt, landscaping and
irrigation.
5/14/2026
City of Huntington Beach
2000 Main St
Huntington Beach, CA 92648
Michelle Galvez»(714)375-8445
[email protected]
$312,598.95 100% Prime
63 Edgewick Rd
Clearing and grubhing, installation of
pile wall system, remove existing
base and regrade, installation of
asphalt concrete pavement and
guardrails.
2/24/2026
City of Glendale
633 Broadway
Glendale, CA 91206
Greg Asaturian-(818)937-8259
gasaturian@g|endale.ca.gov
$621,384.00 100% Prime
62 El Camino Drainage Channel
Removal of57' long 8' wide section
offailed FCC drainage channel
sidewall.
10/31/2025
City of Encinitas
505 S. Vulcan Avet
Encinitas. CA 92024
Ben stryker-(760)943—2230
bstryker@encinitas‘cagov
$98,227.51 100% Prime
61 Granger Ave Storm Drain
Replace approx 260 Fl' of 18" RCP
with 24“ RCP‘ Construction ofz type
Clea nouts.
10/15/2025
City of National City
1243 National City Boulevard
National City, CA 91950
JoshJohnson-(858)634-818O josh@ppcsdtcom
$326,429.33 100% Prime
60 Warren Rd Minor Drainage
Drainage improvements and traffic
control. Concrete channel ditch,
concrete headwall, concrete paron
and post delineatorst Removal of
existing wing wall,
5/23/2025
City of San Jacinto
1221 San Jacinto
San Jacinto CA 92583
Henry Olive-(951)654-3592
[email protected]
$342,189.30 100% Prime
59 Paradise Creek Phase 2
Earthwork, drainage system, rip rap,
flatwork, headwalls,precast boxes,
hydroseed, fencing, asphalt, turf
reinforcing rnat and culvert grates.
7/15/2025
City of National City
1243 National City Boulevard
National City, CA 91950
JoshJohnson»(858)634-8l80 josh@PPcsd.com
$2,978,414.34 100% Prime
58 Park Dr Dainage and Street
Improvements
Demo existing retaining wall, new
retainig walls, sidewalk and curb
replacement and drainage
improvements
2/27/2025
City of Carlsbad
1635 Faraday Ave.

Carlsbad CA 92008
Steven Didier (760)9949485
[email protected]
$2,921,052.00 100% Prime
S7 Citation Dr Storm Drain
Reinforced concrete pipe, 12" PVC
storm drain along with lateral
pipes, manholes and catch basins.
1/29/2025
City of Norco
2870 Clark Ave
Norco, CA 92850
Victor So (951) 270-5626
[email protected]
$367,800.00 iv 100% rime
56 Moss Street Beach Access
Improvements
Demo concrete staircase,grade
slope, install new concrete stairs,
piles, retaining wall, dike,
handrail, curb, drainage, AC,
striping, landscaping and
8/15/2024
City of Laguna Beach
479 Ocean Ave
Laguna Beach, CA 92651
Ulises Escalona (949) 497—0792
uescalona@lagunabeachcitynet
$1,793,995.54 E? 100% Prime
55 Sand Canyon Pedestrian Bridge
Grading, install reinforcing steel,
structural concrete, CIDH piles, 2»
pedestrian bridges, hadndrailing
10/23/2024
City of Santa Clarita
23920 Valencia Blvd
Santa Clarita CA 91355
Jackie Lillio (661) 285-4131jlillio@santaclarita.com
$967,440.38 100% Prime
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 24 Page of 10
54 North Norco Channel Line NB, Stage
Excavation, installation of cut—off
wall, transition structure, channel
invert wall, junction structure,
RCP, asphalt, trapezoidal paving 8L
fencing
4/2/2024
Riverside County Flood Control
276 Fourth Ave
Chula Vista, CA 91910
Jim Stufkosky (951) 522-0630
[email protected]
$2,489,307.45 100% Prime
53 Reservoir Dr 1525 Hamner Ave
Imprvemenrs
Install curb, driveway, catch
basins, pvc storm drain, asphalt,
equestrian trail, sidewalk and AC
dike.
11/30/2023
City of Norco
2870 Cla rk Ave
Norco, CA 92860
Victor So (951) 270-5626
[email protected]
$279,363.97 100% Prime
52 Repair of Culvert Headwalls
Excavation and backml, asphalt,
striping, piles, headwail, guard railing
and bridge railing
10/13/2023
County of San Diego
5500 Overland Aves Suite 310.

San Diego, CA 92123
Andrei Pineda 619-340-4906
[email protected]
$899,554.84 100% Prime
51 North Shore Park Stormwater
Protection Upgrade
Excavation installation of Concrete
Channel Lining, Headwalls, Energy
Dissipaters, HDPE Pipe
7/20/2023
Desert Recreation District
45-305 Oasis St‘,
lndio, CA 92201
Judi Fonoti- (760) 347-7514.
[email protected]
$845,029.71 100% Prime
50 Diamond Bar Community Center
Slope Stabilization Project
Instail CIDH Piles, grading of
slope,v-ditch, concrete slabs,
curb, gutter, landscaping
irrigation
5/19/2023
City of Diamond Bar.
21810 Copley Dr.,
Diamond Bar, CA 91765
Chris Malpica- (909) 8397042
[email protected] $645,995.05 100% Prime
49 Dunlap Boulevard Bridge
Crossing Replacement Project
Crossing Wilson Creek ChannelPhase
Excavation Backfill, Install CIDH
Piles, precast girders, abutments,
wingwalls, casings conduits
2/27/2023
City of Yucaipa
34272 Yucaipa Blvd.,
Yucaipa, CA 92399
Landon Kern (909) 797-2489
[email protected]
$1,134,109.20
m: 100% Prime
48 Library Park Restroom
Demolition, excavation, concrete
foundation, sidewalk, water
sewer lines St prefabricated
restroom
2/9/2023
City of Monroviai
321 S.Myrtle St.,
Monrovia, CA 91016
Christopher Castruita (626) 256-8224
[email protected] $107,284.78 100% Prime
47 Talbert Channel Storm Drain
Repair Project
Demolition, excavation,
installation of RCP Pipe, concrete
collar, rip rap asphalt
8/29/2022
City of Fountain Valley
10200 Slater Ave.,
Fountain Valley, CA 92708
Kyle Hilton— (714) 5934516
[email protected] $95,600.00 100% Prime
46 Springvale Carlson Channel
Rehabilitation Project
Demolition of Damaged Concrete,
install of Reinforcing Steel
Shotcrete Channel
7/5/2022
City of Poway
13325 Civic Center Drive
Poway, CA 92064
Jeff Beers— (858) 6684624
[email protected]
$211,688.03 100% Prime
45 Paradise Creek Mitigation Project
Grading of Channel, Install of PIP
Wall, Articulated Block, Rip Rap,
Access Pad, Headwall Shotcrete
6/24/2022
City of National City
1243 National City Boulevard
National City, CA 91950
Sean Gill- (951) 532-6483
[email protected]
$887,309.54 100% Prime
44 Pine Avenue Road Repair
Excavation Grading of Channel,
Install of CMP Pipe, Concrete
Backfill Rip Rap
3/16/2022
City of Chino
13220 Central Avenue
Chino, CA 91710
Okan Demirci- (714) 319-6137
[email protected] $494,824.80 100% Prime
43 Grossmont Reservoir Overflow
Retrofit Project
Install of PIP Retaining Wail, Brow
Ditch, Conduit, Fencing Gates
Signs
1/19/2022
Helix Water District
7811 University Avenue
La Mesa, CA 91942
Chris McRae- (619) 567-6278
chris‘mcrae@heiixwaterorg
$356,791.92 100% rime
42 Lake Cuyamaca Outlet Channel
improvement Project
Removal of Vegetation Grading
of Slope, install of Rip Rap,
Geogrid, Geotextile Aggregate
Road
1/5/2022
Helix Water District
7811 University Avenue
La Mesa, CA 91942
Aneid Anub (619) 667-6273
[email protected]
$215,310.00 100% Prime
41 Carlsbad State Beach Energy
Dissipater Replacement Project
Removal of Existing Energy
Dissipater, Install of New Energy
Dissipater Rip Rap
12/8/2021
City of Carlsbad
1635 Farady Avenue
Carlsbad, CA 92009
Steve Didier~ (760) 994-9485
steven.didier@carlsbadcagov
$86,602.64 100% Prime
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 25 Page of 10
Job Project Name Descri prion Date Completed Age cy Agency Contact Contract Amount Percent Complete Prime or Sub 4o
Casa Romantica Parking Lot
Improvements
InstaH Storm Drain, BioClean
Filter, Pavers, Sidewalk, Handrail,
Asphalt, Landscaping, Striping
4/23/2021
Casa Romantica Cultural Center
415 Avenida Granada
San Clemente, CA 92672
Amy Behrens-(949) 498-2139.
behrens@casaromantica,org $645,124.57 Prime
39 Rathbun Creek Trail Phase 13»
Bridges Design installation
Project
Install of Pedestrian Bridge
Sidewalk Landings, CIDH Piles,
Abutments PIP Retaining Wall
2/8/2021
City of Big Bear Lake
39707 Big Bear Boulevard
Sbig Bear Lake, CA 92315
Israel Gomel- (909) 866-5831
[email protected] $174,307.50 100% rime
38 Frost Avenue Drainage
improvements
Construct Curb Inlet w/ Local
Depression, Asphalt Slot Patch
11/17/2020
City of Carlsbad
1635 Faraday Ave.,
Carlsbad, CA 92008
Graham Jordan-(760) 602-2462.

[email protected]
$53,556i25 100% rime
37 RD 339 Yard Timber Retaining
Wall Replacement Off-Sys
(2018WOOLSEVFIRE)
Removal of Timber Wall, Install of
PIP Wall, Concrete Stairs,
Handrail, AC Pavement
12/9/2020
County of Los Angeles
900 S. Fremont Ave.,
Alhambra, CA 91803
Andrew Choie(626) 458-4975,
[email protected]
$336,311.62 100% Prime
36 Dyer Road Strom Drain Repair
Removl of Damaged CMP Pipe,
Install of new 24: RCP Pipe, Install
of Asphalt and Loop Detectors
10/23/2020
City of Santa Ana
20 Civic Center Plaza,
Santa Ana, CA 92701
Victor So-(714) 647-5076
[email protected]
$64,400.00 100% rime
35 San Marcos Boulevard Slope
Stabilization
Installation of 24” Piles, grade
slope, curb, gutter, sidewalk,
asphalt, striping, lighting,
waterworks, striping
9/29/2020
City of San Marcos
Civic Center Drive,
San Marcos, CA 92069
Perryn White ~(760) 7590441
[email protected]
$716,858i00 100% Prime
34 Mt. Rubidoux Park Stormwater,
Erosion Control, Trail and Site
Improvements
Install of Masonry Rock Retaining
Wall, Timber Steps, Post Chain
Barrier, Faux Wood Handrail
Swales
5/4/2020
City of Riverside Parks Rec‘
6927 Magnolia Aver 2nd Floor
Riverside, CA 92522
Alisa Sramala -(951)8262021
[email protected] $335,000.00 100% Prime
33 Cliff Drive to High Drive Stairway
Replacement
Removal of old concrete staircase
installation of new concrete
staircase, handrails landscaping
2/28/2020
City of Laguna Beach
505 S. Forest Ave
Laguna Beach, CA 92651
Bab Koch -(949)412~6546
[email protected] $246,265.66 100% ri me
32 Pearl Street Beach Access
Rehabilitation
Removal of old concrete staircase
installation of new concrete
staircase, handrails landscaping
2/3/2020
City of Laguna Beach
505 S. Forest Ave
Laguna Beach, CA 92651
Tom Sandefur -(949)497-0339
[email protected] $1,020,000.00 100% Prime
31 Reche Rd at Live Oak Elementary
School PotterJunior High
School Road Improvements
Installation of sidewalk, curb,
gutter, structures, RCP, AC,
drainage ditch, landscape,
irrigation
1/15/2020
County of San Diego
5500 Overland Ave. Suite 310.

San Diego, CA 92123
Mike Moen (619)933-7242
[email protected] $1,050,340.75 100% rime
30 Tide Beach Park Slope Paving
Removal
Removal of Cracked and
detiorated concrete slope paing
1/8/2020
City of Solana Beach
635 Coast Highway 101
Solana Beach, CA 92075
Dan Goidberg -(858)720-z474.
[email protected]
$41,980.00 100% Prime
29 RDO Drainage Upgrades- Casa De
Amparo
Construct 24" RCP Storm Drain,
Transition Structure, Inlet w/
local depression
12/18/2019
City of Oceanside
300 North Coast Highway
Oceanside, CA 92054
Victor Velasco -(760)435-5102
Welasco@oceansideca,org
$128,782.00 100% Prime
28 Pickleball Courts
Install Concrete Pads for
Basketball Pickleball Courts,
Paint Courts, Curb Ramps St
Fencing
8/31/2019
City of San Luis Obispo.
919 Palm Street
San Luis Obispo, CA 93401
Mark Williams- (805) 781-7057.
[email protected]
$146,037.50 100% Prime
27 SDWD 10-Inch Water Main
Replacement Project
Removal of existing 10" steel
water main (in casing), installation
of new 10" PVC water main
3/5/2019
San Dieguito Water District
160 Calle Magdalena
Encinitas, CA 92024
Blair Knoll (760) 633-2793
Bknol|@encinitasca.gov $78,607.67 100% Prime
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 26 Page of 10
Pro'ect Name enc Contact Contract Amount Percent Com ri e or S 26 Emergency Protection for Linda
Lane Pump Station Phase
Installation of additional
reinforcements/ bracing for
existing retaining wail, North Side
1/10/2019
City of San Clemente
910 Cane Negocio
San Clemente, CA 92673
Greg Deist (949) 337~3139
DeistG@san-clemente1org
$28,211.07 100% Prime
25 Meadowview Stream Restoration
Stage 60
Streambank Restoration, Habitat
Restoration, Filtrexx Compost ROI]
System installation
11/5/2018
Riverside County Fiood Control District
1995 Market Street
Riverside, CA 92501
David Garcia (951) 315—0730
[email protected]
$385,546.55 100% Prime
24 Detention Basin at Rancho Wash
Construct concrete spiitter
structure, connect to existing
CMP
9/6/2018
City of Rancho Cucamonga
10500 Civic Center Drive
Rancho Cucamonga, CA 91730
Romeo David (909) 774-4070
[email protected]
$296,570.68 100% rime
23 S, Palm Canyon Drive and La Plaza
Safety Bollard Installation
lnstallation of 22 pneumatic
retractable bollards including
monolithic footing, pavers
7/25/2018
City of Palm Springs
3200 E. Tahquitz Canyon Way
Palm Springs, CA 92262
Mike Lytar (760) 902-4361
[email protected]
$222,368.68 100% rime
22 Queda Way Retaining Wall
Replacement Project
installation of new retaining
wall, CIDH Piles, timber lagging,
concrete and asphalt work
7/10/2018
City of Laguna Beach
505 S. Forest Ave
Laguna Beach, CA 92651
Tri Nguyen (949) 497-0741
[email protected]
$209,021.62 100% Prime
21 Emergency Protection for Linda
Lane Pump Station Phase Ni
Reinforcement to Existing
retaining wall, Installation of
Drainage Components, Steel
Kicker installation
7/6/2018
City of San Clemente
910 Calle Negocio
San Clemente, CA 92673
Greg Deist (949) 337-3139
[email protected]
$82,589.71 100% Prime
20 Citywide Drainage improvements
Project
Parkway drains, small storm drain,
Bioclean Inlet Structure
7/2/2018
City of Diamond Bar
21810 Copley Drive
Diamond Bar, CA 91765
David sloan (909) 839-7043
[email protected]
$410,985,73 100% Prime
19 Malaga Park Project
Construct new park, install
concrete monument sign,
landscape 8: irrigation
5/3/2018
City of Wildomar
23873 Clinton Keith Road
Wildomar, CA 92595
Cameron Luna (951_ 677-7751 245
[email protected]
$284,980.02 100% Prime
18 Cambridge Ave Edinburg Ave
Alley Water Improvements
Project
installation of new 4" Water
main, Abandon Existing water
main, Reconnect resident service
laterals
4/13/2018
San Dieguito Water District
160 Calle Magdalena
Encinitas, CA 92024
Blair Knoll (760) 633~2793
[email protected] $142,694.34 100% Prime
Install new 150 KW generator, Padre Dam Municipal Water District Brian Hague (619)258-4751 17 Santee Lakes Generator Project including gated enclosure, and 2/28/2018 9310 Fanita Parkway [email protected] $197,294.71 100% Prime automatic tra nsfer switch Santee, CA 92071 16 Bolero Pressure Reducing Station
Vault Replacement and Design
Improvements Project
Remove existing waterworks
vault, install new waterworks
vault, install new waterworks
components
1/9/2018
City of Carlsbad
1635 Faraday Ave
Carlsbad, CA 92008
Dallas Poore (619) 804-8180
[email protected]
$259,796,99 100% Prime
15 Rathbun Creek Phase 1A Bridge
installation
Installation of pre-fabricated
pedestrian bridge, concrete
approach slabs, Site work
12/18/2017
City of Big Bear Lake
PD. Box 10000
Big Bear Lake, CA 92315
Andrew Simmons -(909)—866-S831
[email protected]
$114,542.30 100% Prime
14 Cress Street Wall and Sidewalk
improvements
Soldier Pile Reinforcing Wall,
Sidewalk Improvements, Atrium
Drain System
11/15/2017
City of Laguna Beach
505 S. Forest Ave
Laguna Beach, CA 92651
Tom Sandefur (949) 497—0339
[email protected]
$400,138.00 100% Prime
13 MTD 1854 Corak Storm Drain
Improvements
Reinforced Concrete Pipe,
Sidewalk and ADA Ramp
improvements, Structures
7/16/2017
City of Baldwin Park
14403 E. Pacific Avenue
Baldwin Park, CA 91706
David Lopez (626) 9604011
[email protected]
$1,205,039.50 100% Prime
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 27 Page of 10
++
12 i]
Laurel Ave Storm Drain
Replacement
Storm Drain and Catch Basin
Installation
6/23/2017
Lv
City of Manhattan Beach
1400 Highland Ave
Manhattan Beach, CA 90266
gency Lontact
Tim Birthisel (310) 802-5365
Tbirthise|@citymb.info
OntrdCt AmOUHt
$105,541.16
ercen (.omple Prime or ub
Prime
11 Cabot Road Bioswale
Bioswaie lnstallation, Drainage
Structure/ Splitter structure
installation,
4/1/2017
City of Laguna Hills
24035 El Toro Road
Laguna Hills, CA 92653
Ken Rosenfield (949) 707-2655
krasenf‘ield@|agunahiiisca.gov
$376,732.05 100% Prime
10 Ray Stoyer WRF Concrete Repairs
Repair existing concrete influent
and effluent channels. Replace old
and damaged plumbing
4/1/2017
Padre Dam Municipal Water District
9310 Fanita Parkway
Santee, CA 92071
Arne Sandvik (909) 305—2947
[email protected]
$431,281i73 Prime
Emergency Protection for Linda
Lane Pump Station Phase [I
increase lagging size in existing
soldier pile reinforcing wall
2/9/2017
City of San Clemente
910 Calle Negocio
San Clemente, CA 92673
Greg Deist (949) 337-3139
DeistG@san-clementelorg
$73,399.43 100% Prime
Huntington Harbor Beaches Sand
Replenishment
Import 8,500 CY of sand from the
lower Santa Ana River to various
Huntington Harbor beaches
2/7/2017
City of Huntington Beach
2000 Main Street
Huntington Beach, CA 92648
Scott Smith (714) 536—5287
[email protected]
5453,86400 100% rime
Milligan drive Bridge Renovations
Remove existing milligan drive
bridge. Replace with pre-cast
bridge
12/20/2016
City of Laguna Beach
505 S. Forest Ave
Laguna Beach, CA 92651
Tri Nguyen (949) 497~O741
[email protected]
$314,669.79 100% Prime
North Beach Opportunistic Sand
Replenishment Project
import 12,000 CY of sand to San
Clemente's North Beach
12/9/2016
City of San Clemente
910 Calle Negocio
San Clemente, CA 92673
Aeryn Donnelly (949) 361-8267
[email protected]
$430,900.00 100% Prime
HWY 101 Storm Drain and Slope
Repair
Slope Restoration, Storm Drain,
Road Repair, Runoff Mitigation,
Work took place adjacent
coastal lagoon
6/22/2015
City of Encinitas
505 S. Vulcan Ave.

Encinitas, CA 92024
Nick Diele (760) 633-2782
Ndiele@encinitascalgov
$667,821.26 100% rime
Franklin Lift Station Wet Well
Expansion
Expansion of an existing wet well
at sewage pump station.

Included a 24-hour bypass
6/3/2016
City of La Verne
3660 "D” Street
La Verne, CA 91750
Jerry Mesa (909) 596-8749
[email protected]
$613,429.27 100% Prime
Juanita Cooke Greenbelt Trail
Construct pedestrian 8i horse
trail, Landscape and Irrigation
5/9/2016
City of Fullerton
303 W. Commonwealth Ave
Fullerton, CA 92832
Paul Lubliner (714) 738-6886
PaulL@cLfu|lerton.ca.us
$206,358.00 100% Prime
El Portal Beach Access
Rehabilitation Project
Demolish existing beach access
stairs, Construct new beach
access stairs handrail
12/11/2015
City of San Clemente
910 Calle Negocio
San Clemente, CA 92673
Aeryn Donnelly (949) 361-8267
DonneliyA@san-clementerorg
$850,104.00 100% Prime
Emergency Protection for Linda
Lane Pump Station Phase
Install soldier pile wall at toe of
slope to protect existing pump
station
8/4/2015
City of San Clemente
910 Calle Negocio
San Clemente, CA 92673
Greg Deist (949) 3373139
[email protected]
$107,000.00 100% Prime
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 28 STATEMENT OF BIDDER’S QUALIFICATIONS AND REFERENCES
(Cont’d)
STATE OF CALIFORNIA, COUNTYOF San Diego
am the President
of Wright Construction Engineering Corp
the bidder herein. have read the foregoing statement and know the contents thereof; and certify that the same is true to my knowledge, except as to those matters which are therein stated upon my information or belief, and as to those matters believe it to be true.

Executed on California.
(Place)
declare, under penalty of perjury, that the foregoing is true and correct. aa/M/W
Signature of Bidder
President
Title
Signature of Bidder
Title
23 Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 29 STATEMENT OF BIDDER’S PAST CONTRACT DISQUALIFICATIONS Pursuant to Section 10162 of the Public Contract Code the bidder shall state whether such bidder, any officer or employee of such bidder who has proprietary interest in such bidder has ever been disquaiified, removed, or othen/vise prevented from bidding on, or completing Federal, State, or local government project because of violation of law or safety regulation; and if so, explain the circumstances.

1. Do you have any disqualification, removal, etc., as described in the above paragraph to declare?
Yes No

2. If Yes, explain the circumstances.

N/A
Executed on 8/20/2026 at SanMarcos California.
declare, under penalty of perjury, that the foregoing is true and correct.

Signature(s) a4ofx/W Authorized Bidder Signature(s) ofAuthorized Bidder President
Title Title
24 Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 30 QUESTIONNAIRE REGARDING SUBCONTRACTORS
Bidder shall answer the following questions and submit with the bid.

1. Were bid depository or registry services used in obtaining subcontractor bid figures in order to compute your bid? Yes( No (x)

2. lf the answer to No. is “yes”, please forward copy of the rules of each bid depository you used with this questionnaire.

3. Did you have any source of subcontractors’ bids other than bid depositories? Yes NO (x)

4. Has any person or group threatened you with subcontractor boycotts, union boycotts or other sanctions to attempt to convince you to use the services or abide by the rules of one or more bid depositories?
Yes( No (x)

5. If the answer to No. is “yes”, please explain the following details:
a) Date:
b) Name of person or group:
c) Job involved (if applicable):
d) Nature ofthreats:
e) Additional comments: (Attach additional pages as necessary) We declare under penalty of perjury that the foregoing is true and correct.

Dated‘this 20*“ day of August 2026.

Wriqht Construction Enqineerinq Corp
Name of Company
By /%%/%/f‘
President
Title
By
Title
25 Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 31 BIDDER’S STATEMENT OF SUBCONTRACTORS AND MATERIAL FABRICATORS Without exception, the bidder is required to state the name and address of each subcontractor and the portion of the work which each will do as required by Subsection 1-6.3 of the SSPWC and in conformance with Public Contracts Code, Sections 4100 to 4113, inclusive.

Without limiting the generality of the foregoing, any contractor making bid or offer to perform the work, shall set forth in the Bid:
(a) The name and the location of the place of business of each subcontractor who will perform work or labor or render service to the prime contractor in or about the construction of the work or improvement, or subcontractor licensed by the State of California who, under subcontract to the prime contractor, specially fabricates and installs portion of the work or improvement according to detailed drawings contained in the plans and specifications, in an amount in excess of one-half of one percent of the prime contractor's total bid; and
(b) The portion of the work which will be done by each subcontractor. The prime contractor shall list only one subcontractor for each portion. (c) Agrees that the list of subcontractors submitted herewith cannot be changed, modified, or substituted without written request and approval of the awarding body.

The undersigned submits herewith list of subcontractors in conformance with the foregoing:

Name Under Which License No. Class Business Address Specific Description of Subcontractor is Subcontract and Portion of
Licensed the Work to be Done
Nd aw? 3M V\/(,\/ /a
M66 wind (Mn/l rakno#3+
i/j/
Signature(s of Bidder Date Signature(s) of Bidder Date
President
Title Title
26 Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 32 NON-COLLUSION AFFIDAVIT
(Title 23 United States Code Section 112 and
Public Contract Code Section 7106)

TO THE CITY OF MALIBU

PUBLIC WORKS DEPARTMENT
In accordance with Title 23 United States Code Section 112 and Public Contract Code 7106, the bidder declares that the bid is not made in the interest of, or on behalf of, any undisclosed person, partnership, company, association, organization, or corporation; that the bid is genuine and not collusive or sham; that the bidder has not directly or indirectly induced or solicited any other bidder to put in false or sham bid, and has not directly or indirectly colluded, conspired, connived, or agreed with any bidder or anyone else to put in sham bid, or that anyone shall refrain from bidding; that the bidder has not in any manner, directly or indirectly, sought by agreement, communication, or conference with anyone to fix the bid price of the bidder to any other bidder, or to fix any overhead, profit, or cost element of the bid price, or of that of any other bidder, or to secure any advantage against the public body awarding the contract of anyone interested in the proposed contract; that all statements contained in the bid are true; and, further, that the bidder has not, directly or indirectly, submitted, hisor her bid price or any breakdown thereof, or the contents thereof, or divulged information or data relative thereto, or paid, and will not pay, any fee to any corporation, partnership, company, association, organization, bid depository, or to any member or agent thereof to effectuate collusive or sham bid.

Wright Construction Engineering Corp
Name of Bidder Name of Bidder
@r/ Signature of Bidder Signature of Bidder
2625 Santa Fe Ave, San Marcos CA 92069
Bidder Address
27 Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 33 EQUAL OPPORTUNITY CERTIFICATE
THE BIDDER’S EXECUTION OF THE SIGNATURE PORTION OF THIS PROPOSAL SHALL ALSO CONSTI.U.E AN ENDORSEMENT AND EXECUTION OF THOSE CERTIFICATES WHICH ARE PART OF THIS BID.

The bidder hereby certifies that the bidder and proposed subcontractor(s), if any, have or have not participated in previous contract or subcontract subject to the equal opportunity clauses, as required by Executive Orders 10925, 11114, or 11246, and that, where required, he has filed with the Joint Reporting Committee, the Director of the Office of Federal Contract Compliance, Federal Government contracting or administering agency, or the former President’s Committee on Equal Employment Opportunity, all reports due under the applicable filling requirements.

Wright Construction Engineering Corp
Name of Bidding Company
By %%%f
Authorized Signature
President
Title (Typed)
8/20/2026
Date
28 Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 34 DEBARMENT AND SUSPENSION CERTIFICATION TITLE 49, CODE OF FEDERAL REGULATIONS PART 29
The bidder under penalty of perjury, certifies that except, as noted below, the bidder or any person associated therewith in the capacity of owner, partner, director, officer, or manager:
is not currently under suspension, debarment, voluntary exclusion, or determination of ineligibility by any federal agency;
has not been suspended, debarred, voluntarily excluded, or determined ineligible by any federal agency within the past three (3) years; does not have proposed debarment pending; and
has not been indicted, convicted, or had civil judgment rendered against it by court of competent jurisdiction in any matter involving fraud or official misconduct within the past three (3) years.

If there are any exceptions to this certification, insert the exceptions in the following space.

N/A
Exceptions will not necessarily result in denial of award, but will be considered in determining bidder's responsibility. For any exception noted above, indicate below to whom it applies, initiating agency, and dates of action, N/A
Notes: Providing false information may result in criminal prosecution or administrative sanctions. The above certification is part of the Proposal. Signing this Proposal on the signature portion thereof shall also constitute signature of this Certification.
29 Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 35 BIDDER’S BOND TO ACCOMPANY BID
(in lieu of cash, certified or cashier’s check)
Kanan Dume Road Bioifilter Project, Specification No. 21 17 KNOWALL PERSONS BY THESE PRESENTS:

That we, Wright Construction Engineering Corp as Principal, and Atiantic Speciaity Insurance Company as Surety, acknowledge ourseives jointiy and severally bound to the City of Malibu, the obligee, for ten (10) percent of the total bid, to be paid to said City if the Bid shall be accepted and the Principal shall fail to execute the Contract tendered by the City within the applicable time specified in the Bid Terms and Conditions, or fails to furnish either the required Faithful Performance or Labor and Material Bonds, or fails to furnish evidence of insurance as required in the Standard Specifications, then this obligation shall become due and payable, and Surety shall pay to obligee, in case suit is brought upon this bond in addition to the bond amount hereof, court costs and reasonable attorney's fee to be fixed by the court. lf the Principal executes the contract and furnishes the required bonds and evidence of insurance as provided in the bid documents, this bond shall be extinguished and released. lt is hereby agreed that bid errors shall not constitute defense to forfeiture. .' Ma Barreras, Attorney— n- 1986 e‘ .§
{V y'
-_,‘ }‘§"¢
WITNESS our hands this 12th day of August 2026.

Wright Construction Engineering Corp
Contractor
By
Titie We2€l ole M,
By
Title
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(0 .‘
[N
f"f"""$
-:.

T:

Atlantic Specialty Insurance Company
Surety
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 36 FORM TO ACCOMPANY BID BOND

STATE OF CAUFORNIA

COUNTY OF

CITY OF
SS.

On this day of 2026. before me. the undersigned,
Notary Public in and for said County and State. residing therein, duly commissioned and sworn. personaiiy appeared proved to me on the basis
of satisfactory evidence to be the person whose name is subscribed to this instrument; subscribed the name of thereto as Surety and his/her
own name as
certify under PENALTY OF PERJURY under the laws ofthe State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

SEE ATTACHED NOTARY ACKNOWLEDGEMENT
Notary Public in and for said
County and State aforesaid.
lf certified or cashier's check is submitted herewith, state check number and Amount
20 and know to be the
subscribed to the within instrument as the of said
Andthe said duly acknowledge to me that he/she
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 37 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE 1189 notary public or other officer completing this certificate verifies only the identity of the individuai who signed the document to which this certificate is attached, and not the truthfuiness, accuracy, or vaiidity of that document.

Martha Barreras
Name(s) of Signer(s)
personaiiy appeared
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowiedged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. certify under PENALTY OF PERJURY under the laws
of the State of Caiifornia that the foregoing paragraph is true and correct.

WITNESS my hand and officiai seai.

CHLOE FEINBERG
Notary Public California Orange County ~° Commission i: 2539225 'w
My Comm. Expires Nov 17, 2029 Signature
Signature of Not%Pub/Ic
IVNN
Place Notary Seal Above

OPTIONAL
Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment
'of this form to an unintended document.

Description of Attached Document
©2016 Naional Notary Assoc1aion www NaionalNotary org 800 US NOTARY (1 800 876 6827) Item #5907 State of Caiifornia
County of Orange AUG 2026 On before me, Chioe Feinberg, Notary Pubiic Date Here Insert Name and Title of the
Title or Type of Document:

Document Date: Number of Pages
Signer(s) Other Than Named Above:

Capacity(ies) Claimed by Signer(s)
Signer’s Name: Signer’s Name:

Corporate Officer Title(s): Corporate Officer —— Title(s):

Partner Limited General Partner Limited General
Individual Attorney in Fact Individual Attorney in Fact Trustee Guardian or Conservator Trustee Guardian or Conservator Other: Other:

Signer Is Representing: Signer ls Representing:

Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 38 mtact INSURANCE Power of Attorney
fx/c/
Sarah A. Kolar, Vice President and General Counsel
On this first day of January, 2023, before me personally came Sarah A. Kolar, Vice President and General Counsel of ATLANTIC SPECIALTY INSURANCE COMPANY to me personally known to be the individual and officer described in and who executed the preceding instrument, and she acknowledged the execution of the same, and being by me duly
swom, that she is
the said officer of the Company aforesaid, and that the seal affixed to the preceding instrument is the seal of said Company and that the said seal and the Signature as such officer was duly affixed and subscribed to the said instrument by the authority and at the direction of the Company.

By

STATE OF MINNESOTA

HENNEPIN COUNTY
xtWi/W Notary Public
ALISON D. NASH-TROUT

NOTARY PUBLIC MINNESOTA
My Commission Expires
January 31, 2030
I, the undersigned, Secretary of ATLANTIC SPECIALTY INSURANCE COMPANY, New York Corporation, do hereby certify that the foregoing power of attorney is in full force and has not been revoked, and the resolutions set forth above are now in force.

KNOW ALL MEN BY THESE PRESENTS, that ATLANTIC SPECIALTY INSURANCE COMPANY, New York corporation with its principal office in Plymouth, Minnesota, does hereby constitute and appoint: Adriana Valenzuela, Betty Mercer, Martha Barreras, each individually if there be more than one named, its true and law.ful Attorney-in-Fact, to make, execute, seal and deliver, for and on its behalf as surety, any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof; provided that no bond or undertaking executed under this authority shall exceed in amount the sum of: unlimited and the execution of such bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof in pursuance of these presents, shall be as binding upon said Company as if they had been fully Slgned by an authorized officer of the Company and sealed with the Company seal. This Power of Attorney is made and executed by authority of the followmg resolutions adopted by the Board of Directors of ATLANTIC SPECIALTY INSURANCE COMPANY on the twenty-fifth day of September, 2012:

Resolved: That the President, any Senior Vice President or Vice-President (each an “Authorized Officer”) may execute for and in behalf of the Company any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, and affix the seal of the Company thereto; and that the Authorized Officer may appoint and authorize an Attorney-in-Fact to execute on behalf of the Company any and all such instruments and to affix the Company seal thereto; and that the Authorized Officer may at any time remove any such Attorney-in-Fact and revoke all power and authority given to any such Attorney-in- Fact.

Resolved: That the Attorney-in—Fact may be given full power and authority to execute for and in the name and on behalf of the Company any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, and any such insnument executed by any such Attorney-in-Fact shall be as binding upon the Company as if signed and sealed by an Authorized Officer and, further, the Attorney-in—Fact is hereby authorized to verify any affidavit required to be attached to bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof.

This power of attomey is signed and sealed by facsimile under the authority of the following Resolution adopted by the Board of Directors of ATLANTIC SPECLALTY INSURANCE COMPANY on the twenty-fifth day of September, 2012:

Resolved: That the signature of an Authorized Officer, the signature of the Secretary or the Assistant Secretary, and the Company seal may be affixed by fac51mile to any power of attorney or to any certificate relating thereto appointing an Attorney-in-Fact for purposes only of executing and sealing any bond, undertaking, recogmzance or other written obligation in the nature thereof, and any such signature and seal where so used, being hereby adopted by the Company as the origmal Signature of such officer and the original seal of the Company, to be valid and binding upon the Company with the same force and effect as though manually affixed.

IN WITNESS WHEREOF, ATLANTIC SPECIALTY INSURANCE COMPANY has caused these presents to be signed by an Authorized Officer and the seal of the Company to be affixed this first day of January, 2023.

Signed and sealed. Dated 12th day of AUQUSt 2026.
‘w‘x'h\57‘ -' ..... "VS“950% ?DRA).

This Power of Attorney expires
January 31, 2030
0": 3m; .0
aq£y
.nw.vo“,%‘°~$
bs‘
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 39 SURETY BOND SEAL AND DIGITAL SIGNATURE ADDENDUM

ATLANTIC SPECIALTY INSURANCE COMPANY
ATLANTIC SPECIALTY INSURANCE COMPANY (“ASIC”) has authorized its respective Attorneys-in-Fact to affix ASIC’s corporate seal and digital signature to authorized surety bonds executed on behalf of ASIC by any such Attorney-in-Fact.

This notice verifies surety bond that is executed on behaif of ASIC by it’s Attorney-in-Fact and utilizes the corporate seal below for ASIC shall be deemed to affixed to said bond to the same extent as if its raised corporate seal was physically affixed to the face of the bond. ASIC also hereby agrees that the digital signatures applied to said bond are considered acceptable as if wet ink signature was physically added to the face of the bond.

Dated this 28‘“ day of July, 2021.

ATLANTIC SPECIALTY INSURANCE COMPANY
“w“nmnnnu"
¢"
‘t'r v‘r'
'Y "~93”’I
For ASIC by:

Michael Seff, President Intact Insurance Surety
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 40 STATE OF CALIFORNIA

DEPARTMENT OF INSURANCE

SAN FRANCISCO
Amende Certificate 0% Authority
THIS IS TO CERTIFY THA1: Pursuant Io the Insurance Code of tlie State ofCaiifarnia, Atlantic Specialty Insurance Company
of New York organized under the
laws of New York subject to its Articles oflncorporation or otherfundamenral organizational documents, is hereby authorized to transact within the State, subject to all provisions of this Certificate, the following classes of insurance:

Fire, Marine, Surety, Disability, Plate Glass, Liability, Workers' Compensation, Comon Carrier Liability, Boiler and Machinery, Burglary, Credit, Sprinkler, Team and Vehicle, Automobile, and Miscellaneous as such classes are now or may hereafter be defined in the Insurance Laws afthe State of Caltfornia.

THIS CERTIFICATE is expressly conditioned upon the holder hereof now and hereafter being in full compliance with all, and not in violation ofany, ofthe applicable laws and lawful requirements made under authority ofthe laws ofthe State of California as long as such laws or requirements are in effect and applicable, and as such laWs and requirements now are, or may hereafter be changed or amended.

IN WITNESS WHEREOF, ejy‘ective as ofthe 16th
day of September 2011 have hereunto
set my hand and caused my anicial seal to be aj§ixed thifs 16 th day of septeHIbEr 2011
Dave Jones
Insurance Commissioner
Valerie J. Sarfaty for Nettie Hoge mutt Chief Deputy
NOTICE:

Qualification with the Secretary of State must be accomplished as required by the California Corporations Code promptly after Issuance of this Certificate ofAuthority. Failure to do so will be violation of Insurance Code Section 701 and will be grounds for revoking this Certificate of Authority pursuant to the convenants made in the application therefor and the conditions contained herein.

EnDM n.‘ osP no asset
Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 41 CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT
Notary Public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.

State of California
County of San Diego
0n 8/13/2026 before me, NiCOla Chandler Notary Public.
personally appeared Wes W. Wright
who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. certify under PENALTY OF PERJURY under the laws of State of California that the foregoing paragraph is true and correct.
e” °r,, NICOLA CHANDLER
W, Notary Public California
San Diego County
Commission 1486040 WITNESS my hand and official seal.

My Comm. Expires Apr 2, 2025
SIGNAT

NOTARY SEAL ABOVE

OPTIONAL
Description 0f attached document
Title or type of document:

Document Date: Number of Pages:

Signer(s) Other than Named Above:

Docusign Envelope ID: 3903D840-544E-8585-81A8-309425836C68 42