10 In soliciting bids for this project, the City published a Notice Inviting Bids in the Morgan Hill Times on May 23, 2025 and May 30, 2025. The City then contacted licensed contractors on the City's Bidders' list with the California Contractors' State Licensing Board (CSLB) classifications: Class C-39 Roofing Contractor and Class B General Contractor. The bid documents were posted on the City of Morgan Hill website, Public Purchase Online Bid Service, County of Santa Clara Builders Exchange, Bay Area Builders Exchange, San Francisco Builders Exchange, Central Coast Builders Exchange and the Dodge & Data Analytics Online Service. The Bid Documents are available at:
https://www.morganhill.ca.gov/DocumentCenter/View/54563/Attach-1_BIDDOCS_MH_Council_Chamber_Roof_Replacement-1 On June 2, 2025, fifteen (15) potential bidders attended the mandatory pre-bid conference and job walk. The public bid opening was held at the Development Services Center at City Hall on June 11th at 11:30 a.m., and four (4) bids were received.
Contractor Bid Amount
1. ALCAL $548,113
2. Brazos Urethane $720,566
3. Diablo Roofing, Inc. $392,200
4. Stronger Building Services $698,120
Diablo Roofing, Inc. submitted the lowest bid of $392,200. Per the attached public bid documents, the City is awarding this contract based on the lowest base bid amount. The add alternate pricing included in the bid is not being considered for the award of this contract.
Diablo Roofing, Inc. has over six years of experience in the roofing industry, and has completed public agency roofing projects for the City of Fremont and the County of Madera. Staff recommends awarding the contract to Diablo Roofing, Inc. in the amount of $392,200. Staff also recommends a 20% contingency of $78,440 for a total construction authorization of $470,640. The proposed contract is available here:
https://www.morganhill.ca.gov/DocumentCenter/View/54562/Attach2_CONTRACT_MH_Council_Chamber_Roof-1 The project is anticipated to begin construction in July 2025, and is expected to take not more than 45 calendar days from the commencement of construction.
COMMUNITY ENGAGEMENT:
Inform
At least three (3) days prior to commencement of work, signs will be posted informing the public of the dates and times of construction work. In addition, the City will include information about the planned project in the 411 and The Scoop.
ALTERNATIVE ACTIONS:
10 An alternative action would be to not approve the project or to delay the work.
PRIOR CITY COUNCIL AND COMMISSION ACTIONS:
The City Council has not previously taken action on this item.
FISCAL AND RESOURCE IMPACT:
The authorized amount for this contract is $392,200, and a 20% contingency of $78,440 for a total authorization of $470,640. This project was budgeted in FY 23-24, Fund 741 - Building Replacement and the funds were rolled over to FY 24-25.
CEQA (California Environmental Quality Act):
Categorical Exemption
The activities described in this Staff Report are categorically exempt under CEQA, specifically pursuant to Section 15301 (c) of CEQA Guidelines (Existing Facilities), as the subject work involves the repair, maintenance or minor alteration of existing City facilities involving negligible or no expansion of use of those facilities.
11 CITY COUNCIL STAFF REPORT
MEETING DATE: June 18, 2025
PREPARED BY:
Hilary Holeman, Administrative Analyst
APPROVED BY: City Manager
CONSIDER CITY POSITION ON PENDING STATE LEGISLATION
RECOMMENDATION(S)
1. Consider supporting AB 650 (Papan) Planning and zoning: housing element:
regional housing needs allocation;
2. Consider opposing SB 79 (Wiener) Housing development: transit-oriented development: California Environmental Quality Act: public transit agency land; and
3. Direct staff to submit letters in support of AB 650 and in opposition of SB 79 to the appropriate representatives.
COUNCIL PRIORITIES, GOALS & STRATEGIES
City Council Ongoing Priorities
Supporting our Youth, Seniors, and Entire Community
Preserving and Cultivating Public Trust
Guiding Documents
Morgan Hill 2035 General Plan
REPORT NARRATIVE:
The League of California Cities recently hosted a Legislative Appropriations Webinar to highlight its priority bills for the 2025 session. The League subsequently issued “Action Alerts” on several key measures, along with sample letters to assist cities in taking positions where appropriate. Following staff review of the League’s recommendations and the relevant legislation, staff recommends the City of Morgan Hill submit position letters on the following two bills:
1. SUPPORT - AB 650 (Papan) Planning and zoning: housing element:
regional housing needs allocation
This bill will improve the housing element review process by encouraging local jurisdictions to begin planning earlier and providing greater clarity and certainty to a difficult and complex process. This measure would allow local jurisdictions to begin the housing element update six months earlier than what is required under existing law; ensure that local governments have adequate time to respond to the Department of
11 Housing and Community Development's (HCD) review letters, and require HCD to provide written communication that identifies specific deficiencies in the draft and text or analysis that HCD believes needs to be included to comply with the law.
Supporting this bill aligns with the City’s interest in fair treatment under state housing law and in maintaining reasonable local discretion in land use planning. A sample support letter from the City is included as attachment 1 and the full bill text can be viewed here. As of June 3, 2025, AB 650 passed through the Assembly and has been referred to the Senate Committee on Rules for assignment.
2. OPPOSE - SB 79 (Wiener) Housing development: transit-oriented development:
California Environmental Quality Act: public transit agency land This measure would require cities to approve higher-density residential projects up to seven stories near public transit stops ministerially regardless of local zoning codes, limit the use of local development standards on the proposed project, and allow transit agencies full land authority over residential and commercial development on property they own or lease.
Staff recommends opposing SB 79, as it will not spur housing construction in a manner that supports local flexibility, decision-making, and community input. State-driven ministerial or by-right housing approval processes fail to recognize the extensive public engagement associated with developing and adopting zoning ordinances and housing elements. A sample opposition letter from the City is included as attachment 2 and the full bill text can be viewed here. As of June 4, 2025, SB 79 passed the Senate and is currently being held at the Assembly desk.
COMMUNITY ENGAGEMENT:
Inform - this report serves to inform the Community on the recommended City’s position on pending legislation that directly impacts the City of Morgan Hill.
ALTERNATIVE ACTIONS:
1. Revise letters of support and/or opposition.
2. Decline sending letters of support and/or opposition.
PRIOR CITY COUNCIL AND COMMISSION ACTIONS:
None
FISCAL AND RESOURCE IMPACT:
Tracking legislation is an activity included in the annual workplan of the City Manager’s Office.
CEQA (California Environmental Quality Act):
Not a Project - administrative action/activity without an impact.
11
17575 Peak Avenue
Morgan Hill, CA 95037-4128
TEL: (408) 779-7271
FAX: (408) 779-3117
www.morganhill.ca.gov
June 18, 2025
The Honorable Diane Papan
Member, California State Assembly
1021 O Street, Suite 4220
Sacramento, CA 95814
RE: AB 650 (Papan) Planning and Zoning: Housing Element: Regional Housing Needs Allocation.
Notice of SUPPORT
Dear Assembly Member Papan,
The City of Morgan Hill is pleased to support your measure AB 650 (Papan), which would allow local governments to begin the housing element update process six months early, provide greater certainty and reduce ambiguity in the housing element review process, and ensure that local governments have adequate time to respond to the California Department of Housing and Community Development’s (HCD) review letters.
Since 1969, California’s local governments have planned and selected sites for housing at all income levels through the housing element portion of a local government’s general plan. Every five to eight years, local governments are required to adopt a blueprint outlining where developers can or cannot build residential developments within their respective communities and obtain certification from HCD. Local governments plan for their fair share of housing development as determined through the Regional Housing Needs Allocation (RHNA) process. As part of this complex process, local governments submit in their housing elements a variety of essential data, actions, and programs to promote fair, equitable, and affordable housing in their community. Currently, local jurisdictions are planning and zoning for nearly 2.5 million additional homes statewide.
During the 6th RHNA cycle, local governments experienced various challenges in obtaining certification from HCD. Some of the challenges include a short timeline for completing these complex documents and responding to HCD’s feedback, a lack of clarity regarding what the state expects from local governments when reviewing additional housing element drafts, and the introduction of new requirements late in the housing element review process.
AB 650 would address these issues by allowing local governments to begin updating their housing element six months early. The bill would also require HCD to provide specific text and analysis that must be included in the housing element to remedy deficiencies, ensuring that local governments are not penalized when HCD identifies additional deficiencies not previously identified in prior review letters.
AB 650 clarifies and improves a process that Morgan Hill experienced in submitting our 6th RHNA cycle which included having new requirements being introduced late in the housing element process along with receiving a finalized Regional Housing Needs Allocation late in the planning process.
For these reasons, the City of Morgan Hill is pleased to support AB 650 (Papan).
Sincerely,
Mark Turner
Mayor
cc: Assemblymember Gail Pellerin
Senator Dave Cortese
Montana Cruz, Regional Public Affairs Manager, League of California Cities, [email protected] Meg Desmond, League of California Cities, [email protected]
17575 Peak Avenue
Morgan Hill, CA 95037-4128
TEL: (408) 779-7271
FAX: (408) 779-3117
www.morganhill.ca.gov
June 18, 2025
The Honorable Scott Wiener
Senator, California State Senate
1021 O St, Suite 8620
Sacramento, CA 95814
RE: SB 79 (Wiener) Transit-oriented Development
Notice of Opposition
Dear Senator Wiener,
The City of Morgan Hill writes to express our strong opposition to your measure SB 79 (Wiener), which would disregard state-certified housing elements and bestow land use authority to transit agencies without any requirement that developers build housing, let alone affordable housing.
SB 79 doubles down on the recent trend of the state overriding its own mandated local housing elements. This latest overreaching effort forces cities to approve transit-oriented development projects near specified transit stops - up to seven stories high and a density of 120 homes per acre - without regard to the community's needs, environmental review, or public input.
Morgan Hill’s Downtown Specific Plan already envisions a mixed-use transit orientated development project to include housing for land currently owned by the Valley Transit Authority. SB 79 provides an opportunity for the local transit agency to design and develop the site that best supports the transit agencies financial interests instead of producing affordable housing nearest our single transit oriented hub.
Most alarmingly, SB 79 defies cities’ general plans and provides transit agencies unlimited land use authority on property they own or have a permanent easement, regardless of the distance from a transit stop. Transit agencies would have the power to determine all aspects of the development including height, density, and design, without any regard to local zoning or planning.
This broad new authority applies to both residential and commercial development. Transit agencies could develop 100% commercial projects - even at transit stops - and not provide a single new home, while simultaneously making the argument that more housing must be constructed around transit stops.
The City of Morgan Hill appreciates and respects your desire to pursue a housing production proposal.
However, as currently drafted, SB 79 will not spur much-needed housing construction in a manner that supports local flexibility, decision-making, and community input. State-driven ministerial or by-right housing approval processes fail to recognize the extensive public engagement associated with developing and adopting zoning ordinances and housing elements.
California will never produce the number of homes needed with an increasingly state-driven, by-right housing approval process. What we really need is a sustainable state investment that matches the scale of this decadesin-the-making crisis. For these reasons, the City of Morgan Hill strongly opposes SB 79.
Sincerely,
Mark Turner
Mayor
cc: Assemblymember Gail Pellerin
Senator Dave Cortese
Montana Cruz, Regional Public Affairs Manager, League of California Cities, [email protected] Meg Desmond, League of California Cities, [email protected]
12 CITY COUNCIL STAFF REPORT
MEETING DATE: June 18, 2025
PREPARED BY:
Michael Horta, Human Resources Director
APPROVED BY: City Manager
ADOPTION OF A RESOLUTION APPROVING AN EXCEPTION TO THE
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM
(CALPERS) 180-DAY WAITING PERIOD TO HIRE DONALD LARKIN AS
A RETIRED ANNUITANT CITY ATTORNEY, APPROVAL OF
CONTRACT WITH BURKE WILLIAMS & SORENSEN, LLP FOR CITY
ATTORNEY CONTRACT SERVICES AND ELECTED OFFICIALS AND
COUNCIL APPOINTED SALARY SCHEDULE
RECOMMENDATION(S)
1. Adopt resolution approving an exception to the 180-day waiting period, set forth by CalPERS, to hire Donald Larkin as a retired annuitant City Attorney;
2. Approve contract with Burke Williams & Sorensen, LLP for Donald Larkin to perform City Attorney contract services; and
3. Approve Elected Officials and Council Appointed salary schedule.
COUNCIL PRIORITIES, GOALS & STRATEGIES
City Council Ongoing Priorities
Fostering a Positive Organizational Culture
Preserving and Cultivating Public Trust
2024-2025 Strategic Priorities
Fiscal Sustainability
REPORT NARRATIVE:
Assembly Bill 340, the Public Employees’ Pension Reform Act of 2013, also known as PEPRA, was signed into law on September 12, 2012, and went into effect on January 1, 2013. PEPRA created Government Code Section 7522.56, which requires public agency retirees to wait 180 days after retirement before returning to work for a public agency. Government Code Section 7522.56(f)(1) provides an exception to this waiting period, if the City Council determines that the appointment of a retiree is necessary to fill a critically needed position and that the appointment has been approved by the governing body of the employer in a public meeting.
12 Effective July 26, 2025, Donald Larkin, City Attorney for the City of Morgan Hill will retire. The City will begin the recruitment process for the vacant City Attorney position.
The position requires specialized skills and experience in order to ensure continuity of operations and oversight of litigation issues, negotiations with employee bargaining groups, polices and complex projects. Staff is recommending that the City Council approve the appointment of Mr. Larkin as a retired annuitant due to his experience, knowledge of current policy developments and issues and skills necessary to assist the City during this period of transition.
Mr. Larkin has served as the City Attorney for nine years. He has specialized knowledge of the department and has built positive working relationships. Due to his specialized knowledge, employing Mr. Larkin as a retired annuitant is the most effective option for completing City Attorney work at this point.
If City Council adopts the recommended resolution, Donald Larkin can be rehired on July 27, 2025. Staff expect to need Mr. Larkin to work part-time until the recruitment process is completed, and a replacement is hired. This could take 3 – 8 months.
The City will contract with Burke Williams & Sorensen for Mr. Larkin to provide these services. The City currently has a contract with Burke Williams & Sorensen and this will be in addition to services already being provided. Burke Williams & Sorensen has agreed to comply with CalPERS wage and maximum hour requirements for this assignment. Mr. Larkin will not earn more than $137.00 per hour or $23,750 monthly and will only work up to 960 hours in a fiscal year for this assignment. However, the city will be charged the billing rate as outlined in the contract for his services through Burke Williams & Sorensen.
Under the California Public Employees’ Retirement System (CalPERS) regulations, the City Council is required to adopt salary schedules for all identified employee positions, including Mayor, City Council, Treasurer, City Manager, and City Attorney. Attached is the Appointed and Elected Officials Salary Schedule which includes a new salary range for the City Attorney position that states $23,750 as the new monthly minimum effective June 22, 2025.
COMMUNITY ENGAGEMENT:
Inform
The Human Resources Team will post the approved Elected Official and Council Appointed salary schedule on the Human Resources website page as is the City’s practice for all salary information.
ALTERNATIVE ACTIONS:
City Council could decide on other alternatives to meeting the needs of the City in accomplishing required work within the City Attorney Department.
PRIOR CITY COUNCIL AND COMMISSION ACTIONS:
On November 20, 2024, the City Council approved the Appointed and Elected Officials
12 salary schedule.
FISCAL AND RESOURCE IMPACT:
The Public Employees’ Pension Reform Act (PEPRA) sets forth limitations for compensating retired annuitants. All retirees must be paid hourly, at no less than the minimum, nor more than the maximum, paid to employees doing similar work. The hourly rate of pay allowable by CalPERS to Mr. Larkin will be $137.00 and the hourly rate paid to Burke Williams & Sorenson will be $425.00. Sufficient appropriations are available in the City Attorney's Office budget to fund this position.
CEQA (California Environmental Quality Act):
Not a project
1 May 2025
CONSULTANT AGREEMENT FOR LEGAL SERVICES
Burke, Williams & Sorensen, LLP
THIS AGREEMENT is made and entered into as of this ___ day of June, 2025, ("Effective Date"), by and between the CITY OF MORGAN HILL, a municipal corporation, ("CITY"), and Burke, Williams & Sorensen, LLP, a limited liability company ("CONSULTANT"). CITY and CONSULTANT may sometimes be referred to collectively herein as the "Parties" and individually as a "Party."
RECITALS
The following recitals are a substantive part of this Agreement:
1. This Agreement is entered into pursuant to the authority of the City Attorney pursuant to Chapter 2.09 of the Morgan Hill Municipal Code.
2. CONSULTANT is qualified by virtue of experience, training, education, and expertise to accomplish these services. Services shall be performed by CONSULTANT in accordance with professional practices in a manner consistent with a level of care, competence and skill exercised by qualified members of the CONSULTANT'S profession. By delivery of completed work, CONSULTANT certifies that the work conforms to the requirements of this Agreement and all applicable federal, state, and local laws.
AGREEMENT
THE PARTIES MUTUALLY AGREE AS FOLLOWS:
1. Term of Agreement. This Agreement shall cover services rendered from the Effective Date until June 30, 2026, subject to the provisions Section 4.4 [Termination] of this Agreement. The City Attorney is authorized to extend the term of this Agreement. Any such extension shall be in writing and signed by both parties to this Agreement.
2. Services to be Provided. The services to be performed by CONSULTANT shall consist of the following: General Legal Advice, Counsel, and Litigation Services, as needed and requested by CITY.
3. Compliance with Outside Counsel Retention and Billing Policy. CONSULTANT agrees that it will abide by the Outside Counsel Retention and Billing Policy attached hereto and incorporated herein as Exhibit "A."
4. Compensation:CONSULTANT shall be compensated as follows:
4.1. Amount. Compensation for all services, fees and expenses under this Agreement shall not exceed Contract Amount Alpha ($Contract Amount Numeric). Compensation shall be on an hourly billing rate, which rates are set forth in Exhibit "B," attached hereto and incorporated herein by reference. No rate changes shall be made during the term of this agreement without prior written approval from the CITY. Services or work performed in excess of the total compensation set forth above without written approval of the City Attorney shall be at no cost to CITY.
The City Attorney shall have the authority to increase the maximum compensation allowed to be paid to CONSULTANT during term of the Agreement, including any extended term, so long as City Council has appropriated sufficient funds therefor, and the Parties mutually agree to such amount in a writing signed by both Parties to this Agreement.
2 May 2025
4.2. Payment. For work under this Agreement, payment shall be made per monthly invoice.
For extra work not a part of this Agreement, written authorization by CITY will be required; payment shall be based on hourly rates in Exhibit "B."
4.3. Records of Expenses. CONSULTANT shall keep accurate records of payroll, travel, and expenses. These records will be made available to CITY.
4.4. Termination. CITY or CONSULTANT shall have the right to terminate this Agreement, without cause, by giving thirty (30) days' written notice or less under urgent circumstances.
Upon such termination, CONSULTANT shall submit to CITY an itemized statement of services performed for which compensation has not been paid. CITY may require CONSULTANT to complete certain work product or documents and CONSULTANT shall deliver to CITY all documents in its possession without additional compensation to CONSULTANT. The City Attorney of CITY is authorized to terminate this AGREEMENT, in whole or in part, on behalf of CITY.
4.5. Non-appropriations. Notwithstanding anything contained in this Agreement to the contrary, if insufficient funds are appropriated, or funds are otherwise unavailable in the budget for CITY for any reason whatsoever in any fiscal year, for payments due under this Agreement, CITY will immediately notify CONSULTANT of such occurrence, and this Agreement shall terminate after the last day during the fiscal year for which appropriations shall have been budgeted for CITY or are otherwise available for payments.
4.6. The Parties agree that multiple attorneys, including but not limited to Donald Larkin will perform work pursuant to the AGREEMENT. Any amount paid pursuant to this Agreement shall be paid to the CONSULTANT and not to Donald Larkin directly. In no case shall Donald Larkin be compensated above the amount permitted by the California Public Employment Retirement System regulations.
5. Insurance Requirements.
5.1. Commencement of Work. CONSULTANT shall not commence work under this Agreement until it has obtained CITY approved insurance as outlined below. Insurance coverages shall remain in full force and effect at all times during the period covered by this Agreement.
Any deductibles or self-insured retentions must be declared to and approved by CITY.
CONSULTANT shall furnish CITY with copies of all certificates subject to this Agreement, whether new or modified, promptly upon receipt. In the event of a claim or legal action, CONSULTANT shall promptly furnish CITY with copies of all policies outlined herein. No policy subject to this Agreement shall be canceled or materially changed except after thirty (30) days' notice by the insurer to CITY by certified mail.
5.1.1 Insurance Types and Amounts.
a. Commercial general liability. CONSULTANT shall maintain insurance against claims and liabilities for personal injury, death, or property damage, providing protection of at least $1,000,000 combined single limit. Further, CONSULTANT shall provide proof of the following separate endorsements:
• The CITY, its elected officials, officers, employees, agents, and representatives are named as additional insureds; and,
• the insurer waives the right of subrogation against CITY and CITY'S elected officials, officers, employees, agents, and representatives; and,
3 May 2025
• insurance shall be primary non-contributing.
b. Automobile liability. CONSULTANT shall maintain insurance covering all owned, non-owned and hired automobiles against claims and liabilities for personal injury, death, or property damage, providing protection of at least $1,000,000 combined single limit.
c. Workers Compensation. CONSULTANT and all subcontractors shall maintain Worker's Compensation Insurance, as required by law. Further, if the performance of CONSULTANT's work or service under this Agreement involves access to or activity on any property or premises owned or occupied by the CITY, including, but not limited to, CONSULTANT's presence during site visits and meetings, then CONSULTANT shall provide CITY, prior to commencement of work, with the following separate endorsement:
• The insurer waives the right of subrogation against CITY and CITY'S elected officials, officers, employees, agents, and representatives. d. Professional liability. CONSULTANT shall maintain either a claims- made or occurrence liability insurance in the minimum amount of $1,000,000.00 each claim. Further, if CONSULTANT maintains a claims-made policy, CONSULTANT shall provide written evidence of such insurance to CITY for at least five (5) years after the completion of work performed under this Agreement.
5.1.2 Acceptability of Insurers. All insurance required by this Agreement shall be carried only by responsible insurance companies licensed to do business in California. Insurance is to be placed with insurers with a current AM. Best's rating of no less than A:VII.
5.1.3 Provision of Agreement to Insurers. CONSULTANT represents and warrants that they have provided a copy of this Agreement to their respective insurers, and the insurers are aware of all obligations pertaining to CONSULTANT as stated in this Agreement.
6. Non-Liability of Officials and Employees of the City. No official or employee of CITY shall be personally liable for any default or liability under this Agreement.
7. Independent Contractor. It is agreed that CONSULTANT shall act and be an independent contractor and not an agent or employee of CITY. CONSULTANT shall be solely responsible for the performance of its employees, agents, or subcontractors under this agreement.
8. Compliance with Law.
8.1. CONSULTANT and its officers, employees, agents, and subcontractors shall comply with all applicable laws, ordinances, administrative regulations, and permitting requirements in carrying out their obligations under this Agreement. CONSULTANT and its officers, employees, agents, and subcontractors covenant there shall be no discrimination based upon race, color, creed, religion, gender, marital status, age, sexual orientation, national origin, mental disability, physical disability, medical condition, or ancestry, in any activity pursuant to this Agreement.
8.2 Compliance with Wage and Hour Laws: Consultant, and any subcontractor it employs to complete work under this Agreement, shall comply with all applicable federal, state, and
4 May 2025
local wage and hour laws. Applicable laws may include, but are not limited to, the Federal Fair Labor Standards Act and the California Labor Code.
Final Judgments, Decisions, and Orders: For purposes of this Section, a "final judgment, decision, or order" refers to one for which all appeals have been exhausted or the time to appeal has expired. Relevant investigatory government agencies include: the federal Department of Labor, the California Division of Labor Standards Enforcement, or any other governmental entity or division tasked with the investigation and enforcement of wage and hour laws.
Prior Judgments against CONSULTANT and/or its Subcontractors: BY SIGNING THIS
AGREEMENT, CONSULTANT AFFIRMS THAT IT HAS DISCLOSED ANY FINAL
JUDGMENTS, DECISIONS OR ORDERS FROM A COURT OR INVESTIGATORY GOVERNMENT AGENCY FINDING - IN THE FIVE (5) YEARS PRIOR TO EXECUTING
THIS AGREEMENT - THAT CONSULTANT OR ITS SUBCONTRACTOR(S) HAS VIOLATED ANY APPLICABLE WAGE AND HOUR LAWS. CONSULTANT FURTHER
AFFIRMS THAT IT OR ITS SUBCONTRACTOR(S) HAS SATISFIED AND COMPLIED
WITH - OR HAS REACHED AGREEMENT WITH THE CITY REGARDING THE MANNER IN WHICH IT WILL SATISFY - ANY SUCH JUDGMENTS, DECISIONS OR ORDERS.
Judgments or Decisions During Term of Contract: If at any time during the term of this Agreement, a court or investigatory government agency issues a final judgment, decision or order finding that CONSULTANT or an subcontractor it employs to perform work under this Agreement has violated any applicable wage and hour law, or CONSULTANT learns of such a judgment, decision, or order that was not previously disclosed, CONSULTANT shall inform the City Attorney, no more than fifteen (15) days after the judgment, decision or order becomes final or of learning of the final judgment, decision or order.
CONSULTANT and its subcontractors shall promptly satisfy and comply with any such judgment, decision, or order, and shall provide the City Attorney with documentary evidence of compliance with the final judgment, decision, or order within five (5) days of satisfying the final judgment, decision, or order. The CITY reserves the right to require CONSULTANT to enter into an agreement with the CITY regarding the manner in which any such final judgment, decision, or order will be satisfied.
City's Right to Withhold Payment: Where CONSULTANT or any subcontractor it employs to perform work under this Agreement has been found in violation of any applicable wage and hour law by a final judgment, decision or order of a court or government agency, the CITY reserves the right to withhold payment to CONSULTANT until such judgment, decision or order has been satisfied in full.
Material Breach: Failure to comply with any part of this Section constitutes a material breach of this Agreement. Such breach may serve as a basis for immediate termination of this Agreement and/or any other remedies available under this Agreement and/or law.
Notice to City Related to Wage Theft Prevention: Notice provided to the City Attorney as required under this Section shall be addressed to: City Attorney, City of Morgan Hill, 17575 Peak Avenue, Morgan Hill, CA 95037. The Notice provisions of this Section are separate from any other notice provisions in this Agreement and, accordingly, only notice provided to the above address satisfies the notice requirements in this Section.
5 May 2025
9. Maintenance of Records.
9.1. Maintenance. CONSULTANT shall prepare, maintain, and preserve all reports and records that may be required by federal, state, and CITY rules and ordinances related to services provided under this Agreement. CONSULTANT shall maintain records for a period of at least 3 years after receipt of final payment under this Agreement. If any litigation, claim, negotiation, audit exception, or other action relating to this Agreement is pending at the end of the 3-year period, then CONSULTANT shall retain said records until such action is resolved.
9.2. Access to and Audit of Records. The CITY shall have the right to examine, monitor and audit all records, documents, conditions, and activities of the CONSULTANT and its subcontractors related to services under this Agreement. Pursuant to Government Code Section 8546.7, if this Agreement involves the expenditure of public funds in excess of $10,000, the Parties to this Agreement may be subject, at the request of the CITY or as part of any audit of the CITY, to the examination and audit of the State Auditor pertaining to matters connected with the performance of this Agreement for a period of three years after final payment under the Agreement.
9.3. Ownership of Work Product. All documents or other information developed or received by CONSULTANT for work performed under this Agreement shall be the property of CITY.
CONSULTANT shall provide CITY with copies of these items upon demand or upon termination of this Agreement.
10. Confidentiality. All data, documents, or other information received by CONSULTANT from CITY or prepared in connection with CONSULTANT'S services under this Agreement are deemed confidential and shall not be disclosed to any third party by CONSULTANT without prior written consent by CITY.
11. Conflict of Interest and Reporting.
11.1. CONSULTANT states that it does not represent clients with adverse interests to the CITY.
11.2. CONSULTANT shall at all times avoid conflict of interest or appearance of conflict of interest in performance of this Agreement including, without limitation, complying with California Government Code section 1090 et seq., the California Political Reform Act (California Government Code section 87100 et seq.) and the regulations of the Fair Political Practices Commission concerning disclosure and disqualification (2 California Code of Regulations section 18700 et seq.).
11.3. CONSULTANT will further comply and will ensure that its agents and its subcontractors comply, with California Government Code section 84308 ("Levine Act") and the applicable regulations of the Fair Political Practices Commission concerning campaign disclosure (2 California Code of Regulations sections 18438.1 - 18438.8).
12. Notices. All notices shall be personally delivered or mailed via first class mail to the below listed addresses. These addresses shall be used for delivery of service of process.
Address of CONSULTANT is as follows:
Burke, Williams & Sorensen, LLP
1 California Street, Suite 3050
San Francisco, CA 94111
6 May 2025
Address of CITY is as follows:
City Attorney
City of Morgan Hill
17575 Peak Avenue
Morgan Hill, CA 95037
with a copy to:
City Clerk
17575 PeakAvenue
Morgan Hill, CA 95037
13. Licenses, Permits and Fees. CONSULTANT shall obtain all permits and licenses to the extent required by ordinances, codes, and regulations of the federal, state, and local government.
14. Familiarity with Work. By executing this Agreement, CONSULTANT warrants that: (1) it has investigated the work to be performed, (2) it has the skills, knowledge, and experience to perform this work competently and fulfill all professional and ethical obligation of attorneys at law in the State of California; and (3) it understands the difficulties, and restrictions of the work under this Agreement. Should CONSULTANT discover any conditions materially differing from those inherent in the work or as represented by CITY, it shall immediately inform CITY and shall not proceed, except at CONSULTANT'S risk, until written instructions are received from CITY.
15. Time of Essence. Time is of the essence in the performance of this Agreement.
16. Limitations Upon Subcontracting and Assignment. Neither this Agreement nor any portion shall be assigned by CONSULTANT without prior written consent of CITY. Any attempted assignment not first approved by CITY shall be void and, at CITY's option, shall terminate this Agreement effective as of the date of such attempted assignment.
17. Authority to Execute. The persons executing this Agreement on behalf of the parties warrant that they are duly authorized to execute this Agreement.
18. Indemnification. CONSULTANT agrees to protect, and hold harmless CITY and its elective or appointive boards, officers, agents, and employees ("INDEMNITEES") from any and all claims, liabilities, expenses, or damages of any nature, including attorneys' fees, for injury or death of any person, or damage to property, or interference with use of property, arising out of, or in any way connected with performance of the Agreement by CONSULTANT, CONSULTANT'S agents, officers, employees, subcontractors, or independent contractors hired by CONSULTANT.
The only exception to CONSULTANT'S responsibility to protect, defend, and hold harmless CITY, is due to the sole negligence of CITY. This hold harmless agreement shall apply to all liability regardless of whether any insurance policies are applicable. The policy limits do not act as a limitation upon the amount of indemnification to be provided by CONSULTANT.
This Section shall constitute an agreement or contract of indemnity, incorporating the interpretations under California Civil Code Section 2778. It is expressly understood and agreed that the obligation of the CONSULTANT to indemnify the INDEMNITEES shall be as broad and inclusive as permitted by the laws of the State of California and shall survive termination of this Agreement.
19. Entire Agreement; Modification: Conflicting Provisions. This Agreement constitutes the entire agreement between the parties and supersedes any previous agreements, oral or written. This Agreement may be modified, or provisions waived only by subsequent mutual written agreement executed by CITY and CONSULTANT. If the provisions contained in the main body of this Agreement conflict with any provision contained in an exhibit to this Agreement, the provisions of the main body of this Agreement shall govern and control over any provision contained in an exhibit to this Agreement.
7 May 2025
20. Governing Law and Venue. This Agreement shall be construed in accordance with the laws of the State of California. This Agreement was entered into and is to be performed in the County of Santa Clara. Any action or dispute arising out of this Agreement shall only be brought in Santa Clara County.
21. Interpretation. This Agreement is a negotiated document and shall be deemed to have been drafted jointly by the Parties, and no rule of construction or interpretation shall apply against any particular Party based on a contention that the Agreement was drafted by one of the Parties including, but not limited to, California Civil Code § 1654, the provisions of which are hereby waived. This Agreement shall be construed and interpreted in a neutral manner.
22. Preservation of Agreement. Should any provision of this Agreement be found invalid or unenforceable, the decision shall affect only the provision interpreted, and all remaining provisions shall remain enforceable.
23. Binding Agreement. Notwithstanding the provisions of Section 16 above, this Agreement shall bind any and all successors in interest, legal representatives and/or other permitted assignees or transferees of CONSULTANT in the same manner as if those successors in interest, legal representatives or other permitted assignees or transferees had entered into this Agreement originally.
25. Notice of Security and/or Privacy Incident. If CONSULTANT, or its subconsultant, suspect, discover or are notified of a data security incident or potential breach of security and/or privacy relating to CITY PII, PHI and/or PCI, CONSULTANT shall immediately, but in no event later than forty-eight (48) hours from suspicion, discovery, or notification of the incident or potential breach, notify CITY of such incident or potential breach. CONSULTANT shall, upon CITY's request, investigate such incident or potential breach, inform the CITY of the results of any such investigation, and assist the CITY in maintaining the confidentiality of such information. In addition to the foregoing, CONSULTANT shall provide CITY with any assistance necessary to comply with any state and/or federal laws requiring the provision of notice of any privacy incident or security breach with respect to any CITY PII, PHI and/or PCI to the affected or impacted individuals and/or organizations, in addition to any notification to applicable state and federal agencies. CONSULTANT agrees that it shall reimburse CITY for all expenses, costs, attorneys' fees, and resulting fines, penalties, and damages associated with such incident, breach, investigation and/or notification.
26. Electronic Signatures. Unless otherwise prohibited by law or CITY policy, the Parties agree that an electronic copy of a signed contract, or an electronically signed contract, has the same force and legal effect as a contract executed with an original ink signature. The term "electronic copy of a signed contract" refers to a transmission by facsimile, electronic mail, or other electronic means of a copy of an original signed contract in a portable document format. The term "electronically signed contract" means a contract that is executed by applying an electronic signature using technology approved by the CITY. [Signatures on the Next Page)
Ill
Ill
Ill
Ill
Ill
Ill
8 May 2025
27. Counterpart Signatures. This Agreement may be signed in multiple counterparts, which shall, when executed by all the Parties, constitute a single binding agreement.
IN WITNESS THEREOF, these parties have executed this Agreement on the day and year shown below.
[TWO SIGNATURES ARE REQUIRED FOR CORPORATIONS: (1) CHAIRPERSON OF THE BOARD, PRESIDENT, OR VICE PRESIDENT; AND (2) SECRETARY, ASSISTANT SECRETARY, CHIEF FINANCIAL OFFICER, OR ASSISTANT TREASURER.]
ATTEST: THE CITY OF MORGAN HILL
Michelle Bigelow, City Clerk Christina Turner, City Manager
BURKE, WILLIAMS & SORENSEN, LLP
Date: June 10, 2025
Samantha W. Zutler, Owner
Exhibit A
9 EXHIBIT A
CITY OF MORGAN HILL
OUTSIDE COUNSEL BILLING AND RETENTION POLICY
A. Retention
The role of retained counsel will be that of co-counsel with the retaining attorney. (City Attorney). All legal services provided will be pursuant to a written analysis (including strategy and budget) developed by retained counsel in cooperation with the retaining attorney, and approved by the retaining attorney before work on the specified project begins. Retained counsel will also:
1. Obtain authorization from the retaining attorney before beginning work on any pleading, discovery, motion, or other legal paper, and before securing the services of any expert;
2. Review the above with the retaining attorney prior to use;
3. Provide written status reports on the progress of the litigation to the retaining attorney on the progress of the project as necessary, logical, or requested, but no less frequently than every 60 days;
4. Provide summaries of each deposition taken to the retaining attorney;
5. Coordinate with the retaining attorney to use the legal and paralegal services of the City Attorney's office to keep costs down;
6. Maintain a complete file and provide a copy of all documents generated to the retaining attorney;
7. Make a continuous and diligent attempt to resolve any litigation at the lowest possible cost, with the least expensive professional effort consistent with quality legal representation. To this end, the CITY will be billed for the time of only one attorney at depositions, hearings, trial, and interoffice conferences. Services performed without prior approval of the retaining attorney are not authorized and may not be approved for payment.
From time to time the retaining attorney may direct a departure from the requirements listed above, or may disapprove certain efforts proposed by retained counsel, or may direct efforts with which retained counsel disagrees. The retaining attorney is responsible for these decisions and will consult with the client as appropriate about such matters.
Exhibit A
10 B. Billing Requirements
Retained counsel's services must be itemized individually and billed monthly. Each monthly statement must include 1) the name and billing rate of each attorney and paralegal who worked on the matter; 2) the date each service was performed; 3) a brief description of each service performed; 4) the time spent by each attorney and paralegal on each service performed, to the nearest tenth of one hour; 5) itemized costs; and 6) subtotal of fees and costs billed for the month and total for the matter to date.
Retained counsel will be reimbursed customary costs. When authorized, telephone, photocopy, electronic research, and expedited delivery charges may be billed at the actual net cost to retained counsel or a rate approved in advance by the retaining attorney. Charges for approved travel will be at coach rates and automobile mileage will be reimbursed at the CITY's current rate (reflects IRS).
Costs for the following items will not be reimbursed unless approved in advance by the retaining attorney:
Electronic research (Lexis, Westlaw, etc.)
Word processing and photocopying
Secretarial time
Secretarial and paralegal overtime
Express mail and messenger delivery
Travel time in excess of 3 hours per trip
Bills must be submitted to the attention of the retaining attorney, 17575 Peak Avenue, Morgan Hill, California, 95037, in the form discussed above.
C. Contract
Each retained counsel will be required to execute a consultant agreement in a form acceptable to the CITY.
Retained counsel may not bill in excess of the contracted amount without prior written approval from the City Attorney.
EXHIBIT B
HOURLY BILLING RATES
$425 - Partners
$375 -Associates
$175 - Paralegals
Cost Recovery Matters. BWS will charge its current standard private client rates (as opposed to the public entity client rates provided in this Agreement) for work that is reimbursed by private parties pursuant to litigation, conditions of approval, pass through agreements, or other authorization.
Exhibit B 11
RESOLUTION NO. 25-00_
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MORGAN HILL APPROVING AN EXCEPTION TO THE
CALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT
SYSTEM 180-DAY WAITING PERIOD TO HIRE RETIRED
ANNUITANT DONALD LARKIN
WHEREAS, in compliance with Government Code section 7522.56 the City of Morgan Hill must provide CalPERS this certification resolution when hiring a retiree before 180 days has passed since his or her retirement date; and WHEREAS, Donald Larkin, CalPERS ID# 7791236740 will retire from City of Morgan Hill in the position of City Attorney, effective July 26, 2025; and WHEREAS, section 7522.56 requires that post-retirement employment commence no earlier than 180 days after the retirement date, which is January 24, 2026 without this certification resolution; and
WHEREAS, section 7522.56 provides that this exception to the 180-day wait period shall not apply if the retiree accepts any retirement-related incentive; and WHEREAS, the City Council of the City of Morgan Hill, the City of Morgan Hill and Donald Larkin certify that Donald Larkin has not and will not receive a Golden Handshake or any other retirement-related incentive; and WHEREAS, the City Council of the City of Morgan Hill hereby appoints Donald Larkin as an interim appointment retired annuitant to the vacant position of City Attorney for the City of Morgan Hill under Government Code section 21221(h), effective July 27, 2025; and
WHEREAS, an appointment under Government Code section 21221(h) requires an active, publicly posted recruitment for a permanent replacement; and WHEREAS, the current status of this recruitment is scheduled to commence July 23, 2025; and
WHEREAS, this section 21221(h) appointment shall only be made once and therefore will end on June 30, 2026, or once a permanent appointment has been made, whichever is first; and
WHEREAS, the entire employment agreement, contract or appointment document between Donald Larkin and the City of Morgan Hill has been reviewed by this body and is attached herein; and
WHEREAS, no matters, issues, terms or conditions related to this employment and appointment have been or will be placed on a consent calendar; and 1
WHEREAS, the employment shall be limited to 960 hours per fiscal year; and WHEREAS, the compensation paid to retirees cannot be less than the minimum nor exceed the maximum monthly base salary paid to other employees performing comparable duties, divided by 173.333 to equal the hourly rate; and WHEREAS, the maximum base salary for this position is $25,827 and the hourly equivalent is $149.00 and the minimum base salary for this position is $23,750 and the hourly equivalent is $137.00; and
WHEREAS, the hourly rate paid to Donald Larkin will be $137.00; and WHEREAS, Donald Larkin has not and will not receive any other benefit, incentive, compensation in lieu of benefit or other form of compensation in addition to this hourly pay rate; and
NOW, THEREFORE, THE MORGAN HILL CITY COUNCIL DOES RESOLVE AS FOLLOWS:
SECTION 1. The City of Morgan Hill hereby certifies the nature of the employment of Donald Larkin as described herein and detailed in the attached employment agreement / contract / appointment document and that this appointment is necessary to fill the critically needed position of City Attorney for the City of Morgan Hill by July 27, 2025 because of the critical need to complete City Attorney duties and provide legal guidance on complex policies, issues and projects that requires special expertise and experience to complete.
PASSED AND ADOPTED by the City Council of Morgan Hill at a Regular Meeting held on the __
th day of ________ 2025 by the following vote:
AYES: COUNCIL MEMBERS:
NOES: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
APPROVED: ATTEST:
____________________________ ________________________________
City of Morgan Hill
Resolution No. 25-00_
MARK TURNER, Mayor MICHELLE BIGELOW, City Clerk
CERTIFICATION
I, Michelle Bigelow, City Clerk of the City of Morgan Hill, California, do hereby certify that the foregoing is a true and correct copy of Resolution No.25-00_ adopted by the City Council at the meeting held on ____________, 2025.
WITNESS MY HAND AND THE SEAL OF THE CITY OF MORGAN HILL DATE: _____________________ ___________________________________ MICHELLE BIGELOW, City Clerk
As of: June 22, 2025
Job Classification
Bottom
of Range
Monthly
Annual
Minimum
Top of
Range
Monthly
Annual
Maximum
Elected Officials
Mayor - - $3,397 $40,764
Council Members - - $1,275 $15,300
City Treasurer - - $815 $9,780
Appointed by the City Council
City Manager - - $27,434 $329,209
City Attorney $23,750 $285,000 $25,827 $309,927
Compensation for elected officials per City Ordinance No. 1780 and 2351 and Council Resolution No. 5235
CITY OF MORGAN HILL
ELECTED OFFICIALS AND COUNCIL APPOINTED/UNREPRESENTED/EXEMPT EMPLOYEES
SALARY SCHEDULE
13 CITY COUNCIL STAFF REPORT
MEETING DATE: June 18, 2025
PREPARED BY:
Chris Ghione, Public Services Director
Dat Nguyen, Finance Director
APPROVED BY: City Manager
APPROVE COMMUNITY FUNDING LEVELS FOR FISCAL YEAR 2025-
26 FOR THE REMAINING APPLICATIONS AND RECEIVE COUNCIL
DIRECTION TO REVIEW SERVICE PRIORITIES, EVALUATE
POTENTIAL REVENUE MEASURES, AND CONDUCT COMMUNITY
ENGAGEMENT
RECOMMENDATION(S)
1. Approve funding levels for FY2025-26 Community Funding for the remaining Applications;
2. Provide direction on timing for future Community Funding Application Review;
3. Provide direction on any policy updates to the Community Funding Policy as desired by the City Council; and
4. Receive Council direction to review service priorities, evaluate potential revenue measures, and conduct Community Engagement.
COUNCIL PRIORITIES, GOALS & STRATEGIES
City Council Ongoing Priorities
Supporting our Youth, Seniors, and Entire Community
Preserving our Community History
Enhancing Diversity and Inclusiveness
2024-2025 Strategic Priorities
Fiscal Sustainability
Community Engagement
Healthy Community
REPORT NARRATIVE:
On June 4, 2025, the Morgan Hill City Council reviewed Community Funding Applications as part of the Mid-Cycle Budget Review. At that time, the Council approved funding for five long-term events applications and directed staff to return for additional review of the remaining 14 applications. Additionally, the City Council directed staff to return to further discuss the next steps on budget to ensure long-term fiscal sustainability.
13 Community Funding
Community Funding Allocations
At the June 4 Council meeting, the Council approved funding for five long-term events which required an additional appropriation of $44,000 above the FY2025-26 appropriation, which was previously at $180,000. The events included Friday Night Music Series, Freedom Fest and July 4th Celebration, Holiday Lights Parade and Holiday Tree Lighting, Safe Trick or Treat, and Holiday Tree.
The City Council directed staff to return with 14 remaining applications with various funding scenarios. The Council has the following options available:
• Option 1 – This recommendation is the option to fund organizations that have received funding in the past. This option funds all requests at the same level they received in FY 2024-25, except for the Mushroom Festival, for which a slight increase is recommended based on increased security costs. This option would require an additional appropriation of $67,086.
• Reduced Percentage – The City Council may choose to reduce the percentage awarded by a simple percentage. Attachment 1 outlines the funding levels for each remaining event if reduced by 10%, 25% and 50% from Option 1. However, the Council could choose to apply any percentage to the reduction as the percentages are listed to provide examples.
• Fund Only Certain Events/Programs – The Council could choose to only fund specific events and programs as desired. This option could be used to reduce costs to the City by eliminating funding provided to the organizations the Council believes may not be advancing the priorities of the Council. • Provide No Additional Funding – This option may result in many events or programs not occurring.
Community Funding Process Improvements
At the June 4 meeting, the City Council expressed a desire to be able to review the Community Funding Proposals further in advance. The Community Funding Policy (Attachment 2) outlines the process for review of applications. Applications are available in February and due in March per the policy. The policy outlines the review process as:
a. Applications will be reviewed by the City staff.
b. Funding applications and details will be included annually in the Budget Development or Mid-Cycle Budget Review process.
c. The City Manager will make recommendations on funding to the City Council based on established Council priorities and funding constraints. d. The City Council shall award and include final funding within the Budget.
The intent of the timing in the Policy was for the Council to be able to review applications and associated Community Funding costs against other City
13 needs/priorities proposed and included with the budget. Should the Council wish to review the applications ahead of the mid-cycle budget and biennial budget process, the Policy could be updated to include review of applications in April, ahead of the budget process. Should the Council wish to make this change, City staff will return with a revised Policy for Council review and approval. The Council may want to take this opportunity to provide additional direction on updates to the Policy.
Further Considerations
Given the City’s current financial constraints, the City Council may wish to consider other short-term actions to support the City’s fiscal sustainability. Some options for the Council to consider may include:
• Only accepting Community Funding requests for currently funded programs and events until the City’s structural deficit is resolved. • Only accepting increases in Community Funding requests from currently funded organizations when an increase is in direct relation to cost increases in City fees and requirements for the event.
Should the Council wish to implement these actions or other actions to reduce future increases in funding applications, direction could be given, and the City staff could implement them immediately.
Receive Council Direction to Review Service Priorities, Evaluate Potential Revenue Measures, and Conduct Community Engagement
At the June 4 Mid-Cycle Budget Review, the City Council discussed ongoing structural budget challenges and the need for strategic action to ensure long-term fiscal sustainability. This included a discussion of potential revenue measures (see link to staff report here).
The Mid-Cycle Budget Review covered the current year, Fiscal Year (FY) 2024-25, as well as the second year of the two-year budget, FY 2025-26. Reviewing service priorities, evaluating potential revenue measures, and conducting community engagement would be done in advance of the next two-year budget cycle for FY 2026- 27 and FY 2027-28. Community budget workshops would be held later this calendar year and early next year, leading into the commencement of the work on the next twoyear budget cycle.
The City’s General Fund reserve currently stands at 55%, which is higher than the City’s minimum reserve goal of 15%. While the budget challenges are not new, they have been heightened by economic conditions, including inflation and high interest rates.
The City's ability to provide public safety services, safe roads, youth and senior services, and other amenities to its residents requires a progressive approach to General Fund revenue growth which is derived from property taxes, sales taxes, recreation services, and hotel transient occupancy taxes.
13 To support the City’s economic sustainability, the City's 2017 Economic Blueprint offers a program for economic prosperity through land use planning, policy creation and strategic actions that support Morgan Hill's quality of life. This effort includes short and long-term economic development objectives that support business retention and attraction, and the recruitment of new investments. The focus areas for the Economic Blueprint include Healthcare, Retail, Tourism, and Innovation and Manufacturing.
Through this focused approach, the City has been able to attract over 2 million of industrial and commercial development and hundreds of millions in investment in Downtown and throughout the community, leading to current and future tax revenues.
To enhance its revenue tools, the City has updated the Transient Occupancy Tax, established a Tourism Business Improvement District, and created a Downtown Property Based Improvement District, all of which contribute additional revenue to help achieve the City’s goals. Ongoing efforts in Economic Development include targeted business attraction to fill the new industrial inventory, marketing and promotions to attract new retailers, and modernizing the City’s Zoning and regulations that remove barriers to development.
Fiscal Sustainability Measures Taken
The City has proactively implemented a number of initiatives to ensure fiscal sustainability, including:
• Updated Development Services fee schedule for cost recovery • Continued conservative spending
• Planning solar project to save approximately $0.5 million per year • Strategically freezing vacant positions
• Fully funded Other Post Employment Benefits (OPEB) Plan • About $8.2 million allocated to the GF Unfunded Needs since FY20-21:
• $2.6 million to Street CIP
• $2.5 million to Pension/OPEB
• $1.8 million for Public Safety Equipment
• $1.3 million for Park Maintenance
Updated General Fund Unfunded Needs:
The updated list of General Fund Unfunded Needs below includes both ongoing needs at today’s cost and one-time capital needs:
• Police – $1.75 million (ongoing): Estimated annual cost to fund seven (7) additional officers, aligning with the countywide standard of 1.1 sworn officers per 1,000 residents. Additionally, this amount does not include equipment and potential public safety infrastructure improvements.
• Fire – $5 million (one-time): Estimated cost to replace two fire engines and one ladder truck that have reached end-of-life. The City has set-aside $1.8 million for this purpose from the prior years' General Budget savings.
13 • Public Services – $2.3 million (ongoing): Annual cost to adequately maintain streets, parks, storm drain systems, pedestrian safety improvements, and infrastructure repair and replacement. This is in addition to the approximate $4.4 million in one-time funding needed for sidewalk capital repairs to bring the network up to good condition.
While the list above reflects staff’s most recent analysis of General Fund Unfunded Needs, it does not account for future staffing required to keep pace with population growth, nor does it include additional administrative staff needed to adequately provide general and support services. Upon direction by City Council to proceed with recommended next steps, staff will refine the list.
Budget Gap and Program Impact
To close the approximate $4 million annual structural deficit and address General Fund Unfunded Needs, the City would need to consider significant service reductions in the absence of new revenue.
Potential areas to review possible reduction/elimination of services include: public safety, economic development, recreation, and other staffing. These options, while illustrative, would result in far-reaching detrimental effects and should be vetted through a robust community engagement process, and City Council review and discussion, for input and a clear understanding of the consequences. In addition to these items, staff will review other cost saving areas including fire station staffing options, adjusting recreation programs to maximize cost recovery, and renegotiating contracts with the County and other agencies/businesses.
Next Steps
Receive Council direction to review service priorities, evaluate potential revenue measures, and conduct Community Engagement.
COMMUNITY ENGAGEMENT:
Involve
On June 4, 2025, the City Council conducted the Mid-Cycle Budget Review.
The biennial budget was adopted on June 19, 2024, following a budget workshop and public hearing.
• May 3, 2024 Recommended Budget Released to the Community and City Council
• May 10, 2024 City Booth at Open Streets
• May 15, 2024 Recommended Budget Presented to the City Council • May 22, 2024 Budget Workshop
• June 13, 2024 Recommended Budget Presented to the Economic Development Committee of the Chamber of Commerce
13 ALTERNATIVE ACTIONS:
The City Council may choose to provide alternate direction to City staff on any next steps.
PRIOR CITY COUNCIL AND COMMISSION ACTIONS:
This is the continuation of the Mid-Cycle Budget Review on June 4, 2025.
FISCAL AND RESOURCE IMPACT:
Any funding allocated for Community Funding through this item will be appropriated from the General Fund Reserve.
CEQA (California Environmental Quality Act):
Not a Project
Since the resulting activity is an administrative program that will not result in a change to the physical environment, this action is not a project under the California Environmental Quality Act.
FY25-26 Community Funding Requests and Funding Options
Organization Name Event/Program Name
(Hyperlink to Event) Event Date How will funds be used? FY 25-26 Request FY 24-25
Allocation
Option 1 -
Remaining
Applications
Option 2 -
10%
Reduced
Option 3 -
25%
Reduced
Option 4 -
50%
Reduced
Primary
Funding
Type
New Event
Y/N
Years
Receiving
Funding
Notes
Chabad Jewish Center Morgan Hill Chanukah
Celebration 12/14/2025 Funds will be used to assist with paying the city fees and permits, band, entertainer, crafts, and food 5,000 2,500 2,500 2,250 1,875 1,250 Fee Waiver/Funding No 3+ Circle of Giving Seva
Foundation Back to School Drive 7/19/2025 The Foundation will organize a Back to School drive providing back packs and supplies to those in need 9,500 2,000 2,000 1,800 1,500 1,000 Funding No 3+ Envision Your Pathway EYPowerment Day 7/15/2025
Funding for event expenses, rental costs for the
CCC, workshops materials, and food/drinks for
attendees
7,500 0 0 0 0 0 Fee Waiver/
Funding Yes 0 New event not recommended for funding.
Sentinnel
Soccer/Grumaza 2025 Fiestas Patrias 9/14/2025 For park rental, insurance, stage rental, portable restrooms, entertainment, and event advertising 4,500 3,500 3,500 3,150 2,625 1,750 Funding/Fee Waiver No 3+ Healthier Kids Foundation VisionFirst, HearingFirst,
DentalFirst Ongoing Funding will be used for vision, dental, and hearing; as well as the care coordination for children 42,000 26,000 26,000 23,400 19,500 13,000 Funding No 12+ Indian Association of
South Santa Clara County Diwali Gala 11/1/2025 Stage & Decor Rental, Tables/Chairs Rental, Table Cloths rental, Trophies for participating children 5,000 2,500 2,500 2,250 1,875 1,250 Fee Waiver/Funding No 3+ LATI LATI 10/11/2025 Amphitheater and Room Rentals 3,480 3,480 3,480 3,132 2,610 1,740 Fee Waiver No 3+ Morgan Hill Community
Foundation
Philanthropy Night Awards
Gala 11/14/2025 Funds will be used to cover rental expenses for the event facility and security guards 4,528 4,528 4,528 4,075 3,396 2,264 Fee Waiver No 7+ Morgan Hill Historical
Society Founders Dinner 9/19/2025 Funds will cover space rental, caterer, printing and mailing expenses for the event 5,000 2,624 2,624 2,362 1,968 1,312 Fee Waiver/ Funding No 3+
Morgan Hill Historical
Society History Makers Film 12/14/2025 Playhouse and security costs, reception and beverage/light bites, media ad, publicity, and printing 1,354 504 504 454 378 252 Fee Waiver/Funding No 3+ Mushroom Mardi Gras Inc Morgan Hill Mushroom
Festival
5/23 and
5/24/26 Facility rental fees at the CCC - 15,000 15,000 8,025 11,500 10,350 8,625 5,750 Fee Waiver No 2+ June 4 Option 1 included slight increase due to increased security costs.
Morgan Hill Community
Foundation Morgan Hill Open Studios 10/25 and 10/26/25 Design and print of brochures 2,500 1,250 1,250 1,125 938 625 Funding No 2+ Poppy Jasper
International Film Festival
Poppy Jasper International
Film Festival 4/9-4/16 Playhouse rental and banners for DT 7,500 3,700 3,700 3,330 2,775 1,850 Fee Waiver/ Funding No 2+
South Valley Civic Theater SVCT Summer Camp 7/6-7/18 Rental fee of facility and royalty fees, food, supplies 5,000 3,000 3,000 2,700 2,250 1,500 Funding No 6+ Additional Appropriation Necessary to Provide Funding $117,862 $67,086 $60,377 $50,315 $33,543
CITY OF MORGAN HILL
CITY COUNCIL POLICIES AND PROCEDURES
CP-21-02
SUBJECT: CITY COUNCIL FUNDING REQUESTS
EFFECTIVE DATE: NOVEMBER 3, 2021
REVISED DATE: NA
ORIGINATING DEPARTMENT: COMMUNITY SERVICES DEPARTMENT
Purpose
The purpose of this policy is to establish a process for community organizations to request funding to support fee waivers, event sponsorship, and other funding requests from the City Council. The policy is intended to allow the City Council to fully evaluate all funding requests at one time along with budget appropriation.
Policy
1. Applicant Criteria
a. The organization requesting funding must be a nonprofit. b. The program, event, or activity provides a direct benefit to the Morgan Hill community.
c. Programs in alignment with the City Council’s Goals and Priorities shall be given priority. City Council priorities are established by the City Council in January of each year.
d. Each organization must submit an inclusivity statement describing how the organization and/or the proposed activity is inclusive of the entire community. e. Existing programs and events may be given priority.
2. Application Availability and Deadline
a. Applications for the next Fiscal Year (July-June) will be available on the City’s website annually in February.
b. Completed applications will be due annually in March.
3. Review and Approval Process
a. Applications will be reviewed by the City staff.
b. Funding applications and details will be included annually in the Budget Development or Mid-Cycle Budget Review process.
c. The City Manager will make recommendations on funding to the City Council based on established Council priorities and funding constraints. d. The City Council shall award and include final funding within the Budget.
4. Reporting Requirements
DocuSign Envelope ID: 87764CAC-F5F2-4AC2-921C-27D9BF34420E
a. Within thirty days following the conclusion of the funded activity, the organization must submit a report to the City reporting out pertinent information related to the activity. For ongoing activities, an annual report must be submitted by July 30 for the prior fiscal year. b. The report shall include a record of the use of City funds and statistics and information that provides details on the activity’s impact to the community.
5. Late Requests
a. Requests received after the deadline shall not be accepted by City staff.
6. Council Member Initiated Event and Fee Waiver Requests a. A member of the City Council may request a fee waiver or funding be provided for an event by applying with the above application process by the March deadline. b. All Council Member initiated requests occurring after the March deadline must be provided to the City Manager 90 days in advance of the event to allow sufficient time to bring to City Council for approval.
c. The City Staff shall prepare a report for the City Council for approval of any Council Member initiated requests.
This policy shall remain in effect until modified by the City Council.
APPROVED:
_______________________________
RICH CONSTANTINE, MAYOR
DocuSign Envelope ID: 87764CAC-F5F2-4AC2-921C-27D9BF34420E
From: Chris Ghione
To: Michelle Bigelow; Kim Mancera
Subject: FW: [EXTERNAL] FUNDING REQUEST FOR MH 2025 FIESTAS PATRIAS Date: Wednesday, June 11, 2025 4:01:44 PM
Public Comment for Community Funding Item next week.
From: Ernesto Gomez Cruz <[email protected]>
Sent: Wednesday, June 11, 2025 1:50 PM
To: Chris Ghione <[email protected]>; Nichole Parker <[email protected]>
Subject: [EXTERNAL] FUNDING REQUEST FOR MH 2025 FIESTAS PATRIAS Dear Mayor Turner, City Council, and City Manager,
Thank you for giving the Morgan Hill Sentinel Soccer Club/Grumasa the opportunity to provide information on how reduced funding would affect our eventMorgan Hill 2025 Fiesta Patrias Celebration.
We requested $4,500 and the City
recommended funding for $3,500.
After covering essential expenses such as the special event permit fee, park rental fee, and event insurance, paid to the City of Morgan Hill, our remaining budget is approximately $2,500. These limited funds must cover all other critical elements of the event, including rental of a stage, two portable restrooms, and to secure appropriate entertainment- Youth Mariachis, two live bands, folkloric dancers, and other local entertainers. Most of the third parties who provide the critical elements already provide a substantial reduction in their fees. For example, we pay $700 for a stage which normally would go for $1,500-$2,000. All of the entertainment groups (live bands, mariachi groups, and others), are already providing a deep discount in their fees in support of the event. Their willingness to do so reflects a shared commitment to celebrating our community’s diverse cultural heritage.
The participating vendors and performers recognize the value of this event as more than just a business or performance opportunity—for them it reflects a chance to contribute meaningfully to a cultural celebration that brings people together, fosters understanding, and builds a stronger sense of community. Their reduced rates are a form of in-kind contribution that significantly helps us stretch our limited budget while still offering high-quality entertainment to the public. We are deeply appreciative of their support, which plays a vital role in keeping this event both vibrant and accessible.
Any reduction in grant funding would significantly compromise our ability to deliver a successful event. With such a narrow margin, even a modest cut would force us to scale back or eliminate key components, directly impacting the quality, safety, and overall experience for attendees.
This event plays an important role in building community engagement and offering accessible public programming. We are committed to delivering a meaningful experience, but without adequate funding, that becomes increasingly difficult.
Regards,
Ernesto Gomez
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Community Funding Review Request
Morgan Hill Historical Society – 2025 History Makers Film Debut Community Playhouse
Thanks for the work and care the city team puts into the Community Grant process and appreciate the Council’s consideration. Our funding request is for a debut screening and reception for Women of the Land: Sada Coe's Story (12/14 at the Community Playhouse). These funds are essential to our ability to put on this free Morgan Hill event open to all community members. cs
The cost of development, production and online archival of our films (both the History Makers and the Stories from the Past series) is separately funded by grants and sponsorships secured by myself and Robin Shepherd. The funds we raise cover a film director, a cameraman, a film editor, a sound/lighting assistant, on-location film permits, voice talent, aerial photography, and graphic design/printing services.
We create two films per year and promote them online and at local screening events. These events are very popular, providing our community with knowledge of local history while fostering a sense of community fellowship and pride.
Following their debut, all films are freely viewable online. To date, we've created a growing video library of nearly 15 films preserving local history. I thought this background information might be helpful as you considering further evaluation of our grant request.
Thank you,
Robin Shepherd, Director/Producer
Kathy Sullivan, Executive Producer
Roger Knopf, President
History Makers
Stories from the Past
Community Funding Review Request
Morgan Hill Historical Society – 2025 Founders Dinner
Community & Cultural Center – Hiram Room & Kitchen
The Historical Society appreciates the Council’s consideration for our Community Grant Funding request and applauds City staff for all their work.
The requested funds are critical to minimizing the costs of this very popular community event which honors long-term residents and their contributions to the history of our community. A significant cost factor is the complimentary tickets provided for long-term residents (estimate of 45) who have lived in and contributed to our community for 70+ years. An estimated expense of $4,500. A loss or reduction in funding would mean the likelihood that we would have to cancel this benefit making it likely that some are unable to attend. Saving on the facility rental expense would mean a major contribution in keeping this benefit to those who have made significant contributions to our community.
Facility rental and security guard costs for this event total $3,826. For the past few years waiving these fees has made this event more affordable for our senior attendees and promotes attendance by the broader community to celebrate this “historical” event.
Expense estimate: $23,326
Facility rental $3,250
Security Guards - 3@ $48/hour for 4 hours each = $576
Catering cost estimate – waiting for final quote, 200 @ $70 = $14,000 Includes linens and place settings
Complimentary attendees, estimate 45 @ $100 each = $4,500 Printing, publicity & other expenses = $1,000
Income estimate: $20,000
Estimate 150 paying attendees @ $100 = 15,000. Hope to hold this cost.
Thank you,
Kathy Devine & Margo Hinnenkamp, Event Co-chairs
Roger Knopf, President
14 CITY COUNCIL STAFF REPORT
MEETING DATE: June 18, 2025
PREPARED BY:
Keri Russell, Maintenance Manager
APPROVED BY: City Manager
ADOPT RESOLUTION ORDERING ANNUAL ASSESSMENTS AND
RELATED ACTIONS FOR CITY OF MORGAN HILL LANDSCAPE
ASSESSMENT DISTRICT NUMBER 1 (DISTRICT)
RECOMMENDATION(S)
1. Open and close the public hearing; and
2. Adopt resolution confirming Fiscal Year (FY) 2025-26 annual assessments and ordering the levy of assessments for the District.
COUNCIL PRIORITIES, GOALS & STRATEGIES
City Council Ongoing Priorities
Maintaining and Enhancing Infrastructure
2024-2025 Strategic Priorities
Fiscal Sustainability
REPORT NARRATIVE:
The City of Morgan Hill Landscape Assessment District No. 1 (District) was created to pay for the maintenance of the parks and common landscaping in neighborhoods benefiting from the open space within the District. The purpose of this item is to:
1. Provide an opportunity for public input;
2. Confirm the FY 2025-26 Assessments; and
3. Order the levy of the Assessments.
Per California Streets and Highways code Sections 22623 to 22631, the Annual Report (Attachment 1) is required to set the annual assessments in the District. In addition to approving the report on May 21, 2025, the Council declared its intent to levy assessments in the District and established June 18, 2025 as the date of the official public hearing.
COMMUNITY ENGAGEMENT:
Collaborate
14 Ongoing resident outreach is occurring in several of the subareas and City staff are striving to increase the resident outreach to others. Some areas have more active homeowners groups that work with City staff in planning maintenance projects for their subareas, while residents of other subareas are less engaged. In recent years, City staff have successfully developed relationships with resident groups in several areas. Staff are closely working with subareas with active resident groups on the ongoing maintenance and budgets for their subareas. Although outreach with residents is typically positive, not all residents are satisfied with the service being provided within their subarea. This dissatisfaction is often due to limitations of funding available to the subarea without an associated increase in assessment.
Staff is recommending increases to the assessment for Llagas Creek subarea. Staff have had a resident meeting with Llagas Creek to discuss the increase.
ALTERNATIVE ACTIONS:
There is no other practical alternative action. The City Council could choose to provide staff with further direction on management of the District.
PRIOR CITY COUNCIL AND COMMISSION ACTIONS:
In 1991, the City Council, under the Landscaping and Lighting Act of 1972, created the Fox Hollow/Murphy Springs Landscape Assessment District, and in 2010 chose to rename it to the City of Morgan Hill Landscape Assessment District No. 1. In May 2011, reserve targets for each subarea were established by the Council.
On May 21, 2025, the City Council initiated the annual assessment process and approved the Engineer’s Annual Report, for FY 2025-26. In addition to approving the report, the Council declared its intent to levy assessments in the District and established June 18, 2025 as the date of the official public hearing.
FISCAL AND RESOURCE IMPACT:
The cost for preparation of the Engineer's Annual Report will be paid for by the Landscape Assessment District Fund (229). It is anticipated that the District will generate $213,451 in revenues in Fiscal Year 2025-26. Expenses are budgeted at $214,926 meaning that overall; the District's reserves are projected to be reduced by $1,475 in the upcoming fiscal year. Providing administrative oversight to the District is a core activity of the Public Services Department's work program.
CEQA (California Environmental Quality Act):
Categorical Exemption
The planned maintenance and management of the subareas within the lighting and landscape assessment district fall within the CEQA categorical exemption of Class 1, Existing Facilities.
nbsgov.com
Prepared by:
Corporate Headquarters
32605 Temecula Parkway, Suite 100
Temecula, CA 92592
Toll free: 800.676.7516
Fiscal Year 2025/26 Engineer’s Report For:
Landscape Assessment District No. 1
April 2025
CITY OF MORGAN HILL
17575 Peak Avenue
Morgan Hill, CA 95037-4128
Phone: (408) 779-7271
Fax: (408) 778-1564
CITY COUNCIL
Mark Turner, Mayor
Yvonne Martinez Beltran, Mayor Pro Tem
Soraida Iwanaga, Council Member
Marilyn Librers, Council Member
Miriam Vega, Council Member
CITY STAFF
Christina Turner, City Manager
Chris Ghione, Public Services Director
Dat Nguyen, Finance Director
Keri Russell, Maintenance Manager
NBS
Melissa Ellico, Administrator
Darrylanne Zarate, Project Manager
Greg Davidson, Client Service Director
TABLE OF CONTENTS
1. Executive Summary ........................................................................................................ 1
2. Overview ........................................................................................................................ 2
2.1 Introduction .............................................................................................................. 2
2.2 Description of Boundaries ........................................................................................ 2
2.3 Description of Improvements and Services .............................................................. 2
3. Estimate of Costs ............................................................................................................ 3
3.1 Definitions of Budget Items ...................................................................................... 3
3.2 Zone Budgets ............................................................................................................ 4
4. Assessments ................................................................................................................... 5
4.1 Belle Estates Zone ..................................................................................................... 5
4.2 Chang/Bertelone Zone .............................................................................................. 6
4.3 Conte Gardens Zone ................................................................................................. 6
4.4 Diana Estates Zone.................................................................................................... 6
4.5 Fox Hollow/Murphy Springs Zone ............................................................................ 7
4.6 Hamilton Square Zone .............................................................................................. 7
4.7 Jackson Meadows 6A/6B Zone ................................................................................. 8
4.8 Jackson Meadows Number 7 Zone ........................................................................... 8
4.9 La Grande Estates Zone ............................................................................................ 8
4.10 Lacrosse/Gera Zone .................................................................................................. 9
4.11 Llagas Creek Estates Zone ......................................................................................... 9
4.12 Llagas/Obata Zone .................................................................................................. 10
4.13 Mill Creek Zone ....................................................................................................... 10
4.14 Oak Creek I, II, III ..................................................................................................... 11
4.15 Parsons Corner Zone ............................................................................................... 11
4.16 Rose Haven Zone .................................................................................................... 11
4.17 Sandalwood Zone ................................................................................................... 12
4.18 Sparhawk Zone ....................................................................................................... 12
4.19 Stone Creek Zone .................................................................................................... 13
4.20 Sunnyside/Stone Gate Zone ................................................................................... 13
5. Assessment Diagrams ................................................................................................... 14
6. Assessment Roll ............................................................................................................ 15
7. Historical Actual Assessment Rates ............................................................................... 16
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 1
1. EXECUTIVE SUMMARY
WHEREAS, the City Council of the City of Morgan Hill (the “City”), State of California, directed NBS to prepare and file a report, in accordance with Chapter 1, Article 4 of the Landscaping and Lighting Act of 1972 (the “Act”), presenting the plans and specifications describing the general nature, location and extent of the improvements to be maintained, an estimate of the costs of the maintenance, operations and servicing of the improvements for the City’s Landscape Assessment District No. 1 (the “District”) for Fiscal Year 2025/26. The report includes a diagram for the District, showing the area and properties proposed to be assessed, an assessment of the estimated costs of the maintenance, operations and servicing the improvements, and the net amount upon all assessable lots and/or parcels within the District in proportion to the special benefit received and;
WHEREAS, the assessment for each parcel is in compliance with the Proposition 218 Omnibus Implementation Act and Section 4 of Article XIII D of the California Constitution. The proposed assessments are not proposed to increase by more than the approved maximum allowable increases.
NOW THEREFORE, assessments have been levied in accordance with the assessment methodology adopted and approved by the City Council at the time of District formation, and are made to cover the portion of the estimated costs of maintenance, operation, and servicing of the improvements, to be paid by the assessable real property within the District in proportion to the special benefit received:
Zone Units
FY 2025/26
Maximum
Assessment Rate
FY 2025/26 Actual
Assessment Rate
Total
Assessment(1)
Belle Estates 36 $502.22 $310.00 $11,160.00
Chang/Bertelone 8 1,215.00 550.00 4,400.00
Conte Gardens 11 477.82 365.00 4,015.00
Diana Estates 64 139.39 139.39 8,920.96
Fox Hollow (2) 75 254.84 173.53 13,014.75
Hamilton Square 38 425.54 425.00 16,150.00
Jackson Meadows #6 70 108.10 108.00 7,560.00
Jackson Meadows #7 10 314.58 100.00 1,000.00
La Grande Estates 32 88.00 88.00 2,816.00
Lacrosse/Gera 24 142.99 50.00 1,200.00
Llagas Creek (2) 71 343.16 343.00 24,353.00
Llagas/Obata 5 629.16 450.00 2,250.00
Mill Creek (2,4) 84 330.39 285.00 23,940.00
Oak Creek I, II, III 119 453.82 425.00 50,575.00
Parsons Corner(3) NOT APPLICABLE
Rose Haven 27 488.47 400.00 10,800.00
Sandalwood (4) 11 450.00 450.00 4,950.00
Sparhawk (2, 4) 18 515.00 500.00 9,000.00
Stone Creek (2) 35 570.47 388.46 13,596.10
Sunnyside/Stonegate (2) 10 836.01 375.00 3,750.00
Totals: 748 $213,450.81
(1) Actual amount placed on secured tax roll may be less due to Santa Clara County submittal requirements. Amounts placed on the tax roll must be rounded down to an even number.
(2) Maximum Assessment Rate increases by 3% annually.
(3) Detachment of Parsons Corner Zone was approved in April 2019. (4) Includes increased maximum assessment rate approved by property owners in June 2024.
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 2
2. OVERVIEW
2.1 Introduction
In 1991, the City Council created the Fox Hollow/Murphy Springs Landscape Assessment District, under the Act, and in 2010 chose to rename it to the City of Morgan Hill Landscape Assessment District No. 1. The District was formed in order to provide for the continued maintenance, operation, and administration of various improvements within the boundaries of the District. Following the initial formation, additional territory was annexed to the District as separate Zones. Currently, the District is comprised of 19 Zones (which decreased from 20 as a result of property owners within Parsons Corner electing to detach from the District in April 2019).
The District provides for and ensures the continued maintenance, servicing, administration, and operation of various landscaping improvements and associated appurtenances located within the public right-of-way and dedicated easements within the boundaries of the District.
2.2 Description of Boundaries
Exhibits from the Engineer’s Report at the formation of the District define the boundaries and maintenance areas of each Zone within the District. These exhibits are on file and available for review at the Office of the City Engineer and, in conjunction with the County of Santa Clara (the “County”) Assessor's maps of the areas annexed, comprise the assessment diagrams for the respective annexations. The Assessor's maps are on file in the office of the County Assessor and are, by reference, made a part of this Report.
2.3 Description of Improvements and Services
The improvements include the construction, operation, maintenance, and servicing of landscaping and appurtenant facilities; including, but not limited to, personnel, electrical energy, utilities such as water and gas, materials, contracting services, and other items necessary for the satisfactory operation of the following services:
“Landscape improvements provided within the District may include, but are not limited to:
ground cover, shrubs, plants and trees, irrigation and drainage systems, graffiti removal, entry monuments, and associated appurtenant facilities. Services provided include all necessary service, operations, administration, and maintenance required to keep the above-mentioned improvements in a healthy, vigorous, and satisfactory condition.” Reference is made to the Plans and Specifications for the improvements, which is on file with the City.
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 3
3. ESTIMATE OF COSTS
3.1 Definitions of Budget Items
The following definitions describe some of the services and costs that may be included in the Zone budgets:
Direct Expenses
Maintenance: Includes all regularly scheduled labor, material (i.e. pipe, fertilizer, insecticides, paint, etc.) and equipment required to properly maintain and ensure the satisfactory condition of all landscaping, irrigation and drainage systems, and appurtenant facilities.
Extra Contract Costs: Includes all labor, equipment, and material costs associated with unscheduled repairs and improvements needed to ensure the satisfactory condition of all landscaping, irrigation and drainage systems, and appurtenant facilities.
Water/Sewer: Includes the furnishing of water required for the operation and maintenance of the landscaping facilities.
Electricity Costs: Includes the furnishing of electricity required for irrigation systems for the operation and maintenance of the landscaping facilities.
Other Supplies: Includes costs that are generally unforeseen and not normally included in the yearly maintenance contract costs. This may include repair of damaged amenities due to vandalism, storms, heavy frost, etc. Also included may be planned upgrades that provide a direct benefit to the District. These upgrades could include replacing plant materials and/or renovation of irrigation systems.
Administrative Expenses
Salaries: Includes the cost to particular departments and staff of the City to provide the coordination of District services, operations, and maintenance of the improvements, response to public concerns and education, and procedures associated with the levy and collection of assessments.
Postage/Advertising: Includes the cost of providing any mailed notice to the property owners and publishing and posting the Resolution of Intention as required by the Act.
Internal Services: Includes overhead costs allocated to the District for various City staff services.
Administrative/Engineering Contract: Includes the costs associated with contracting with professionals to provide services specific to the administration of the levy.
Contingency/Capital Replacement Fund Balance (Reduction)/Reserve Positive amounts are collected for various reasons that include, but are not limited to, any or all of the following:
x To maintain reserves which enable the City to pay for costs associated with the District during the first six months of the fiscal year,
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 4
Contingency/Capital Replacement Fund Balance (Reduction)/Reserve (continued) x To reduce the current fund balance deficit (if any) that exists as of the beginning of the fiscal year, and
x To plan for the replacement of capital improvements in the future.
3.2 Zone Budgets
The estimated costs of servicing, maintaining, repairing, and replacing the actual improvements for each Zone for Fiscal Year 2025/26 are shown on the following pages.
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ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
ŽŶƚĞ'ĂƌĚĞŶƐ
ΨϬ͘ϬϬ
ϭ͕ϬϬϬ͘ϬϬ
Ϯ͕ϵϬϬ͘ϬϬ
Ϯϰϳ͘ϮϬ
ϱϬϬ͘ϬϬ
Ψϰ͕ϲϰϳ͘ϮϬ
Ψϯϵϰ͘ϭϰ
ϯ͘Ϭϲ
ϮϴϬ͘ϭϯ
ϭϮϳ͘Ϭϰ
ΨϴϬϰ͘ϯϳ
Ψϱ͕ϰϱϭ͘ϱϳ
;ϭ͕ϰϯϲ͘ϱϳͿ
Ψϰ͕Ϭϭϱ͘ϬϬ
ϭϭ
Ψϯϲϱ͘ϬϬ
ΨϭϮ͕ϲϴϰ͘ϭϵ
;ϭ͕ϰϯϲ͘ϱϳͿ
Ψϭϭ͕Ϯϰϳ͘ϲϮ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϯŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
ŝĂŶĂ
ƐƚĂƚĞƐ
Ψϯ͕ϲϵϬ͘ϬϬ
ϱϬϬ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ψϰ͕ϭϵϬ͘ϬϬ
ΨϮ͕Ϯϵϯ͘ϮϬ
ϭϳ͘ϴϯ
ϭ͕ϲϮϵ͘ϴϯ
ϳϯϵ͘ϭϯ
Ψϰ͕ϲϳϵ͘ϵϵ
Ψϴ͕ϴϲϵ͘ϵϵ
ϱϬ͘ϵϳ
Ψϴ͕ϵϮϬ͘ϵϲ
ϲϰ
Ψϭϯϵ͘ϯϵ
Ψϳ͕ϴϳϯ͘ϲϲ
ϱϬ͘ϵϳ
Ψϳ͕ϵϮϰ͘ϲϯ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϰŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
&Ždž,ŽůůŽǁ
Ψϯ͕ϴϯϳ͘ϲϬ
ϭ͕ϬϬϬ͘ϬϬ
ϰ͕ϱϬϬ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ψϵ͕ϯϯϳ͘ϲϬ
ΨϮ͕ϲϴϳ͘ϯϰ
ϮϬ͘ϴϵ
ϭ͕ϵϬϵ͘ϵϱ
ϴϲϲ͘ϭϳ
Ψϱ͕ϰϴϰ͘ϯϱ
Ψϭϰ͕ϴϮϭ͘ϵϱ
;ϭ͕ϴϬϳ͘ϮϬͿ
Ψϭϯ͕Ϭϭϰ͘ϳϱ
ϳϱ
Ψϭϳϯ͘ϱϯ
Ψϭϯ͕ϲϲϰ͘ϳϳ
;ϭ͕ϴϬϳ͘ϮϬͿ
Ψϭϭ͕ϴϱϳ͘ϱϳ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϱŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
,ĂŵŝůƚŽŶ^ƋƵĂƌĞ
Ψϳ͕ϭϴϮ͘ϭϵ
Ϭ͘ϬϬ
ϰ͕ϴϴϮ͘ϱϬ
Ϯϰϳ͘ϱϬ
ϭ͕ϬϬϬ͘ϬϬ
Ψϭϯ͕ϯϭϮ͘ϭϵ
Ψϭ͕ϯϲϭ͘ϱϵ
ϭϬ͘ϱϴ
ϵϲϳ͘ϳϭ
ϰϯϴ͘ϴϲ
ΨϮ͕ϳϳϴ͘ϳϰ
Ψϭϲ͕ϬϵϬ͘ϵϯ
ϱϵ͘Ϭϳ
Ψϭϲ͕ϭϱϬ͘ϬϬ
ϯϴ
ΨϰϮϱ͘ϬϬ
Ψϲ͕ϭϯϴ͘ϵϱ
ϱϵ͘Ϭϳ
Ψϲ͕ϭϵϴ͘ϬϮ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϲŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
:ĂĐŬƐŽŶ
DĞĂĚŽǁƐηϲ
Ψϭ͕ϬϰϬ͘Ϯϰ
ϭ͕ϰϬϬ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
ΨϮ͕ϰϰϬ͘Ϯϰ
ΨϮ͕ϱϬϴ͘ϭϵ
ϭϵ͘ϱϬ
ϭ͕ϳϴϮ͘ϲϮ
ϴϬϴ͘ϰϮ
Ψϱ͕ϭϭϴ͘ϳϯ
Ψϳ͕ϱϱϴ͘ϵϳ
ϭ͘Ϭϯ
Ψϳ͕ϱϲϬ͘ϬϬ
ϳϬ
ΨϭϬϴ͘ϬϬ
ΨϰϯϮ͘ϴϵ
ϭ͘Ϭϯ
Ψϰϯϯ͘ϵϮ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϳŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
:ĂĐŬƐŽŶ
DĞĂĚŽǁƐηϳ
Ψϭ͕ϬϵϮ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ψϭ͕ϬϵϮ͘ϬϬ
Ψϯϱϴ͘ϯϭ
Ϯ͘ϳϵ
Ϯϱϰ͘ϲϲ
ϭϭϱ͘ϰϵ
Ψϳϯϭ͘Ϯϱ
Ψϭ͕ϴϮϯ͘Ϯϱ
;ϴϮϯ͘ϮϱͿ
Ψϭ͕ϬϬϬ͘ϬϬ
ϭϬ
ΨϭϬϬ͘ϬϬ
ΨϮ͕ϯϰϮ͘ϯϯ
;ϴϮϯ͘ϮϱͿ
Ψϭ͕ϱϭϵ͘Ϭϴ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϴŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
>Ă'ƌĂŶĚĞ
ƐƚĂƚĞƐ
ΨϬ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
ΨϬ͘ϬϬ
Ψϭ͕ϭϰϲ͘ϲϬ
ϴ͘ϵϭ
ϴϭϰ͘ϵϭ
ϯϲϵ͘ϱϳ
ΨϮ͕ϯϯϵ͘ϵϵ
ΨϮ͕ϯϯϵ͘ϵϵ
ϰϳϲ͘Ϭϭ
ΨϮ͕ϴϭϲ͘ϬϬ
ϯϮ
Ψϴϴ͘ϬϬ
;Ψϲ͕ϵϵϲ͘ϮϬͿ
ϰϳϲ͘Ϭϭ
;Ψϲ͕ϱϮϬ͘ϭϵͿ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϵŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
>ĂĐƌŽƐƐĞͬ'ĞƌĂ
Ψϭ͕ϬϵϮ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ψϭ͕ϬϵϮ͘ϬϬ
ΨϰϮϵ͘ϵϴ
ϯ͘ϯϰ
ϯϬϱ͘ϱϵ
ϭϯϴ͘ϱϵ
Ψϴϳϳ͘ϱϬ
Ψϭ͕ϵϲϵ͘ϱϬ
;ϳϲϵ͘ϱϬͿ
Ψϭ͕ϮϬϬ͘ϬϬ
Ϯϰ
ΨϱϬ͘ϬϬ
Ψϭ͕ϭϭϲ͘ϰϲ
;ϳϲϵ͘ϱϬͿ
Ψϯϰϲ͘ϵϲ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϭϬŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
>ůĂŐĂƐƌĞĞŬ
Ψϰ͕ϴϳϬ͘ϴϬ
ϲ͕ϬϬϬ͘ϬϬ
ϰ͕ϱϬϬ͘ϬϬ
Ϭ͘ϬϬ
ϱϬϬ͘ϬϬ
Ψϭϱ͕ϴϳϬ͘ϴϬ
ΨϮ͕ϱϰϰ͘ϬϮ
ϭϵ͘ϳϴ
ϭ͕ϴϬϴ͘Ϭϵ
ϴϭϵ͘ϵϳ
Ψϱ͕ϭϵϭ͘ϴϲ
ΨϮϭ͕ϬϲϮ͘ϲϲ
ϯ͕ϮϵϬ͘ϯϰ
ΨϮϰ͕ϯϱϯ͘ϬϬ
ϳϭ
Ψϯϰϯ͘ϬϬ
ΨϭϬ͕Ϭϳϲ͘ϭϴ
ϯ͕ϮϵϬ͘ϯϰ
Ψϭϯ͕ϯϲϲ͘ϱϮ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϭϭŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
>ůĂŐĂƐͬKďĂƚĂ
Ψϭ͕ϳϵϱ͘ϴϬ
Ϭ͘ϬϬ
Ϯϳϱ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
ΨϮ͕ϬϳϬ͘ϴϬ
Ψϭϳϵ͘ϭϲ
ϭ͘ϯϵ
ϭϮϳ͘ϯϯ
ϱϳ͘ϳϰ
Ψϯϲϱ͘ϲϮ
ΨϮ͕ϰϯϲ͘ϰϮ
;ϭϴϲ͘ϰϮͿ
ΨϮ͕ϮϱϬ͘ϬϬ
ϱ
ΨϰϱϬ͘ϬϬ
Ψϭ͕Ϭϯϵ͘ϭϲ
;ϭϴϲ͘ϰϮͿ
ΨϴϱϮ͘ϳϰ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϭϮŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
DŝůůƌĞĞŬ
ΨϭϬ͕ϰϬϮ͘ϰϯ
ϱϬϬ͘ϬϬ
ϱ͕ϬϬϬ͘ϬϬ
Ϯϲϰ͘ϲϬ
ϭ͕ϬϬϬ͘ϬϬ
Ψϭϳ͕ϭϲϳ͘Ϭϯ
Ψϯ͕ϬϬϵ͘ϴϯ
Ϯϯ͘ϰϬ
Ϯ͕ϭϯϵ͘ϭϱ
ϵϳϬ͘ϭϭ
Ψϲ͕ϭϰϮ͘ϰϵ
ΨϮϯ͕ϯϬϵ͘ϱϮ
ϲϯϬ͘ϰϴ
ΨϮϯ͕ϵϰϬ͘ϬϬ
ϴϰ
ΨϮϴϱ͘ϬϬ
Ψϭϰ͕ϱϲϵ͘Ϭϰ
ϲϯϬ͘ϰϴ
Ψϭϱ͕ϭϵϵ͘ϱϮ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϭϯŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
KĂŬƌĞĞŬ/͕//͕///
Ψϭϲ͕ϲϰϯ͘ϵϬ
ϲ͕ϬϬϬ͘ϬϬ
ϭϱ͕ϳϱϬ͘ϬϬ
ϯ͕ϳϬϬ͘ϬϬ
ϭ͕ϬϬϬ͘ϬϬ
Ψϰϯ͕Ϭϵϯ͘ϵϬ
Ψϰ͕Ϯϲϯ͘ϵϮ
ϯϯ͘ϭϱ
ϯ͕ϬϯϬ͘ϰϲ
ϭ͕ϯϳϰ͘ϯϮ
Ψϴ͕ϳϬϭ͘ϴϱ
Ψϱϭ͕ϳϵϱ͘ϳϱ
;ϭ͕ϮϮϬ͘ϳϱͿ
ΨϱϬ͕ϱϳϱ͘ϬϬ
ϭϭϵ
ΨϰϮϱ͘ϬϬ
Ψϯϲ͕ϰϭϬ͘ϴϯ
;ϭ͕ϮϮϬ͘ϳϱͿ
Ψϯϱ͕ϭϵϬ͘Ϭϴ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϭϰŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
ZŽƐĞ,ĂǀĞŶ
Ψϴ͕ϯϮϭ͘ϵϱ
ϱϬϬ͘ϬϬ
ϭ͕ϭϬϮ͘ϱϬ
Ϯϴϯ͘ϱϬ
ϰϬϬ͘ϬϬ
ΨϭϬ͕ϲϬϳ͘ϵϱ
Ψϵϲϳ͘ϰϰ
ϳ͘ϱϮ
ϲϴϳ͘ϱϴ
ϯϭϭ͘ϴϮ
Ψϭ͕ϵϳϰ͘ϯϲ
ΨϭϮ͕ϱϴϮ͘ϯϭ
;ϭ͕ϳϴϮ͘ϯϭͿ
ΨϭϬ͕ϴϬϬ͘ϬϬ
Ϯϳ
ΨϰϬϬ͘ϬϬ
Ψϭϵ͕ϱϳϭ͘ϴϵ
;ϭ͕ϳϴϮ͘ϯϭͿ
Ψϭϳ͕ϳϴϵ͘ϱϴ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϭϱŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
^ĂŶĚĂůǁŽŽĚ
Ψϭ͕ϳϵϱ͘ϴϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ψϭ͕ϳϵϱ͘ϴϬ
Ψϯϵϰ͘ϭϰ
ϯ͘Ϭϲ
ϮϴϬ͘ϭϯ
ϭϮϳ͘Ϭϰ
ΨϴϬϰ͘ϯϳ
ΨϮ͕ϲϬϬ͘ϭϳ
Ϯ͕ϯϰϵ͘ϴϯ
Ψϰ͕ϵϱϬ͘ϬϬ
ϭϭ
ΨϰϱϬ͘ϬϬ
Ψϭϲ͕ϳϱϳ͘ϱϵ
Ϯ͕ϯϰϵ͘ϴϯ
Ψϭϵ͕ϭϬϳ͘ϰϮ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϭϲŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
^ƉĂƌŚĂǁŬ
ΨϮ͕ϯϬϬ͘ϭϬ
ϱϬϬ͘ϬϬ
Ϯ͕ϭϬϬ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ψϰ͕ϵϬϬ͘ϭϬ
Ψϲϰϰ͘ϵϲ
ϱ͘Ϭϭ
ϰϱϴ͘ϯϵ
ϮϬϳ͘ϴϴ
Ψϭ͕ϯϭϲ͘Ϯϰ
Ψϲ͕Ϯϭϲ͘ϯϰ
Ϯ͕ϳϴϯ͘ϲϲ
Ψϵ͕ϬϬϬ͘ϬϬ
ϭϴ
ΨϱϬϬ͘ϬϬ
Ψϯ͕ϲϲϮ͘ϴϭ
Ϯ͕ϳϴϯ͘ϲϲ
Ψϲ͕ϰϰϲ͘ϰϳ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϭϳŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
^ƚŽŶĞƌĞĞŬ
Ψϲ͕ϭϱϬ͘ϬϬ
ϭ͕ϱϬϬ͘ϬϬ
ϯ͕ϳϱϬ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
Ψϭϭ͕ϰϬϬ͘ϬϬ
Ψϭ͕Ϯϱϰ͘Ϭϵ
ϵ͘ϳϱ
ϴϵϭ͘ϯϭ
ϰϬϰ͘Ϯϭ
ΨϮ͕ϱϱϵ͘ϯϲ
Ψϭϯ͕ϵϱϵ͘ϯϲ
;ϯϲϯ͘ϮϲͿ
Ψϭϯ͕ϱϵϲ͘ϭϬ
ϯϱ
Ψϯϴϴ͘ϰϲ
Ψϴ͕ϲϮϴ͘ϯϲ
;ϯϲϯ͘ϮϲͿ
Ψϴ͕Ϯϲϱ͘ϭϬ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϭϴŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
^ƵŶŶLJƐŝĚĞͬ
^ƚŽŶĞ'ĂƚĞ
ΨϮ͕ϬϴϬ͘ϰϵ
ϰϬϬ͘ϬϬ
Ϭ͘ϬϬ
Ϭ͘ϬϬ
ϰϬϬ͘ϬϬ
ΨϮ͕ϴϴϬ͘ϰϵ
Ψϯϱϴ͘ϯϭ
Ϯ͘ϳϵ
Ϯϱϰ͘ϲϲ
ϭϭϱ͘ϰϵ
Ψϳϯϭ͘Ϯϱ
Ψϯ͕ϲϭϭ͘ϳϰ
ϭϯϴ͘Ϯϲ
Ψϯ͕ϳϱϬ͘ϬϬ
ϭϬ
Ψϯϳϱ͘ϬϬ
Ψϭϴ͕Ϭϴϯ͘ϱϰ
ϭϯϴ͘Ϯϲ
Ψϭϴ͕ϮϮϭ͘ϴϬ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϭϵŽĨϮϬ
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂŶĚƐĐĂƉĞƐƐĞƐƐŵĞŶƚŝƐƚƌŝĐƚEŽ͘ϭ
&ŝƐĐĂůzĞĂƌϮϬϮϱͬϮϲƵĚŐĞƚďLJŽŶĞ
/Z
d
yW
E^
^
DĂŝŶƚĞŶĂŶĐĞ
džƚƌĂŽŶƚƌĂĐƚŽƐƚƐ
tĂƚĞƌͬ^ĞǁĞƌ
ůĞĐƚƌŝĐŝƚLJŽƐƚƐ
KƚŚĞƌ^ƵƉƉůŝĞƐ
^ƵďƚŽƚĂůŝƌĞĐƚ
džƉĞŶƐĞƐ
D/E/^dZd/s
yW
E^
^
^ĂůĂƌŝĞƐ
WŽƐƚĂŐĞͬĚǀĞƌƚŝƐŝŶŐ
/ŶƚĞƌŶĂů^ĞƌǀŝĐĞƐ
ĚŵŝŶŝƐƚƌĂƚŝǀĞͬ
ŶŐŝŶĞĞƌŝŶŐŽŶƚƌĂĐƚ
^ƵďƚŽƚĂůĚŵŝŶŝƐƚƌĂƚŝǀĞ
džƉĞŶƐĞƐ
^hdKd>KE
K^d
&ƵŶĚĂůĂŶĐĞ;ZĞĚƵĐƚŝŽŶͿͬZĞƐĞƌǀĞ
dKd>>E
dK>
sz
EƵŵďĞƌŽĨƐƐĞƐƐĂďůĞhŶŝƚƐ
ƐƐĞƐƐŵĞŶƚZĂƚĞƉĞƌhŶŝƚ
ƐƚŝŵĂƚĞĚĞŐŝŶŶŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵůLJϭ͕ϮϬϮϱ
&ƵŶĚĂůĂŶĐĞŚĂŶŐĞ
ƐƚŝŵĂƚĞĚ
ŶĚŝŶŐ&ƵŶĚĂůĂŶĐĞ:ƵŶĞϯϬ͕ϮϬϮϲ
dŽƚĂůŽĨĂůůŽŶĞƐ
Ψϴϭ͕ϲϰϯ͘ϯϬ
ϮϬ͕ϯϬϬ͘ϬϬ
ϰϵ͕ϮϮϬ͘ϬϬ
ϰ͕ϳϰϮ͘ϴϬ
ϱ͕ϮϬϬ͘ϬϬ
Ψϭϲϭ͕ϭϬϲ͘ϭϬ
ΨϮϲ͕ϯϳϭ͘ϴϬ
ϮϬϱ͘ϬϬ
ϭϴ͕ϳϰϯ͘Ϭϭ
ϴ͕ϱϬϬ͘ϬϬ
Ψϱϯ͕ϴϭϵ͘ϴϭ
ΨϮϭϰ͕ϵϮϱ͘ϵϭ
;ϭ͕ϰϳϱ͘ϭϬͿ
ΨϮϭϯ͕ϰϱϬ͘ϴϭ
ϳϰϴ
Eͬ
Ψϭϴϴ͕ϱϮϵ͘ϱϯ
;ϭ͕ϰϳϱ͘ϭϬͿ
Ψϭϴϳ͕Ϭϱϰ͘ϰϯ
ŚĞůƉŝŶŐĐŽŵŵƵŶŝƚŝĞƐĨƵŶĚƚŽŵŽƌƌŽǁ
ǁǁǁ͘ŶďƐŐŽǀ͘ĐŽŵͮϴϬϬ͘ϲϳϲ͘ϳϱϭϲ ƵĚŐĞƚWĂŐĞϮϬŽĨϮϬ
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 5
4. ASSESSMENTS
The amount of the actual assessment for the Fiscal Year 2025/26 apportioned to each parcel, as shown on the latest equalized roll at the County Assessor’s office, is listed in Section 6 of this Report. The description of each lot or parcel is part of the records of the County Assessor and such records are, by reference, made part of this Report.
Method of Apportionment
The assessments are levied in accordance with the assessment methodology adopted and approved by the City Council at the time of District formation.
Pursuant to the Act and Article XIII D of the Constitution of the State of California, all parcels that have special benefit conferred upon them as a result of the maintenance and operation of improvements shall be identified and the proportionate special benefit derived by each identified parcel shall be determined in relation to the entire cost of the maintenance and operation of the improvements. Only parcels that receive direct special benefit are assessed, and each parcel is assessed in proportion to the estimated benefit received.
Several Zones have been annexed into the District and it has been determined that by reason of variations in the nature, location, and extent of the improvements, those areas will receive differing degrees of benefit from the improvements.
Within the Zones, each parcel is allocated a number of units, where each such unit is deemed to receive the same proportional special benefit from the maintenance and operation of the improvements within that Zone. The typical parcel, with a single-family residential use, will have one unit assigned. If the use or nature of a parcel confers special benefit in a greater or lesser degree than that typical use, that parcel may have greater than or less than one unit assigned.
4.1 Belle Estates Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $502.22 per unit. There is currently no inflator associated with the Belle Estates Zone assessments.
There are currently 36 parcels within this Zone, and the total Zone costs are spread to each of the 36 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $11,160.00 Total Units 36
Fiscal Year 2025/26 Actual Assessment Per Unit $310.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $502.22 There is no change in the assessment rate from the previous fiscal year.
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 6
4.2 Chang/Bertelone Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $1,215.00 per unit. There is currently no inflator associated with the Chang/Bertelone Zone assessments.
There are currently 8 parcels within this Zone, and the total Zone costs are spread to each of the 8 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $4,400.00 Total Units 8
Fiscal Year 2025/26 Actual Assessment Per Unit $550.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $1,215.00 There is no change in the assessment rate from the previous fiscal year.
4.3 Conte Gardens Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $477.82 per unit. There is currently no inflator associated with the Conte Gardens Zone assessments.
There are currently 11 parcels within this Zone, and the total Zone costs are spread to each of the 11 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $4,015.00 Total Units 11
Fiscal Year 2025/26 Actual Assessment Per Unit $365.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $477.82 There is no change in the assessment rate from the previous fiscal year.
4.4 Diana Estates Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $139.39 per unit. There is currently no inflator associated with the Diana Estates Zone assessments.
There are currently 64 parcels within this Zone, and the total Zone costs are spread to each of the 64 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $8,920.96 Total Units 64
Fiscal Year 2025/26 Actual Assessment Per Unit(1) $139.39 Fiscal Year 2025/26 Maximum Assessment Per Unit $139.39 (1) May be rounded down to even cents per parcel for County Tax Roll purposes.
There is no change in the assessment rate from the previous fiscal year.
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 7
4.5 Fox Hollow/Murphy Springs Zone
The assessment rate originally approved at the time of District formation was $106.15 per unit. In July 2005, the City conducted Proposition 218 proceedings to increase the maximum assessment rate and add an annual inflator of 3% for the Zone. Property owners approved the rate increase and the inflator. Each year the maximum assessment rate is increased by 3% over the previous year’s maximum assessment rate.
The rate increase took effect in Fiscal Year 2005/06 and the 3% inflator took effect in Fiscal Year 2006/07.
There are currently 75 parcels within this Zone, and the total Zone costs are spread to each of the 75 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $13,014.75 Total Units 75
Fiscal Year 2025/26 Actual Assessment Per Unit(1) $173.53 Fiscal Year 2025/26 Maximum Assessment Per Unit $254.84 (1) May be rounded down to even cents per parcel for County Tax Roll purposes.
There is no change in the assessment rate from the previous fiscal year.
4.6 Hamilton Square Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $425.54 per unit. There is currently no inflator associated with the Hamilton Square Zone assessments.
There are currently 38 parcels within this Zone, and the total Zone costs are spread to each of the 38 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $16,150.00 Total Units 38
Fiscal Year 2025/26 Actual Assessment Per Unit $425.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $425.54 There is no change in the assessment rate from the previous fiscal year.
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 8
4.7 Jackson Meadows 6A/6B Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $108.10 per unit. There is currently no inflator associated with the Jackson Meadows 6A/6B Zone assessments.
There are currently 70 parcels within this Zone, and the total Zone costs are spread to each of the 70 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $7,560.00 Total Units 70
Fiscal Year 2025/26 Actual Assessment Per Unit $108.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $108.10 There is no change in the assessment rate from the previous fiscal year.
4.8 Jackson Meadows Number 7 Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $314.58 per unit. There is currently no inflator associated with the Jackson Meadows Number 7 Zone assessments.
There are currently 10 parcels within this Zone, and the total Zone costs are spread to each of the 10 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $1,000.00 Total Units 10
Fiscal Year 2025/26 Actual Assessment Per Unit $100.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $314.58 There is no change in the assessment rate from the previous fiscal year.
4.9 La Grande Estates Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $88.00 per unit. There is currently no inflator associated with the La Grande Estates Zone assessments.
There are currently 32 parcels within this Zone, and the total Zone costs are spread to each of the 32 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $2,816.00 Total Units 32
Fiscal Year 2025/26 Actual Assessment Per Unit $88.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $88.00
There is no change in the assessment rate from the previous fiscal year.
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 9
4.10 Lacrosse/Gera Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $142.99 per unit. There is currently no inflator associated with the Lacrosse/Gera Zone assessments.
There are currently 24 parcels within this Zone, and the total Zone costs are spread to each of the 24 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $1,200.00 Total Units 24
Fiscal Year 2025/26 Actual Assessment Per Unit $50.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $142.99 There is no change in the assessment rate from the previous fiscal year.
4.11 Llagas Creek Estates Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $140.84 per unit. In July 2005, the City conducted Proposition 218 proceedings to increase the maximum assessment rate and add an annual inflator of 3% for the Zone. Property owners approved the rate increase and the inflator. Each year the maximum assessment rate is increased by 3% over the previous year’s maximum assessment rate. The rate increase took effect in Fiscal Year 2005/06 and the 3% inflator took effect in Fiscal Year 2006/07.
There are currently 71 parcels within this Zone, and the total Zone costs are spread to each of the 71 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $24,353.00 Total Units 71
Fiscal Year 2025/26 Actual Assessment Per Unit $343.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $343.16 Any change in the assessment rate from the previous fiscal year is identified below:
Fiscal Year 2024/25 Actual Assessment Per Unit $233.67
Fiscal Year 2025/26 Actual Assessment Per Unit $343.00
Change in the Actual Assessment Rate $109.33
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 10
4.12 Llagas/Obata Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $629.16 per unit. There is currently no inflator associated with the Llagas/Obata Zone assessments.
There are currently 5 parcels within this Zone, and the total Zone costs are spread to each of the 5 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $2,250.00 Total Units 5
Fiscal Year 2025/26 Actual Assessment Per Unit $450.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $629.16 There is no change in the assessment rate from the previous fiscal year.
4.13 Mill Creek Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $186.82 per unit. In February 2020, the City conducted Proposition 218 proceedings to increase the maximum assessment rate and add an annual inflator of 3% for the Zone. Property owners approved the assessment rate increase to $285.00 per unit and the inflator. The rate increase took effect in Fiscal Year 2020/21 and the 3% inflator takes effect in Fiscal Year 2021/22.
There are currently 84 parcels within this Zone, and the total Zone costs are spread to each of the 84 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $23,940.00 Total Units 84
Fiscal Year 2025/26 Actual Assessment Per Unit $285.00
Fiscal Year 2025/26 Maximum Assessment Per Unit (1) $330.39 (1) Assessment rate increase approved by property owners in February 2020.
There is no change in the assessment rate from the previous fiscal year.
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 11
4.14 Oak Creek I, II, III
The assessment rate originally approved at the time of annexing this Zone into the District was $453.82 per unit. There is currently no inflator associated with the Oak Creek I, II, III Zone assessments.
There are currently 119 parcels within this Zone, and the total Zone costs are spread to each of the 119 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $50,575.00 Total Units 119
Fiscal Year 2025/26 Actual Assessment Per Unit $425.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $453.82 There is no change in the assessment rate from the previous fiscal year.
4.15 Parsons Corner Zone
In April 2019, property owners in the Parsons Corner Zone voted to detach from the District. Therefore, there is no assessment for the Parsons Corner Zone.
4.16 Rose Haven Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $488.47 per unit. There is currently no inflator associated with the Rose Haven Zone assessments.
There are currently 24 parcels with a total of 27 units within this Zone, and the total Zone costs are spread to each of the 27 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $10,800.00 Total Units 27
Fiscal Year 2025/26 Actual Assessment Per Unit $400.00
Fiscal Year 2025/26 Maximum Assessment Per Unit $488.47 There is no change in the assessment rate from the previous fiscal year.
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 12
4.17 Sandalwood Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $192.39 per unit. In April 2018, the City conducted Proposition 218 proceedings to increase the maximum assessment.
Property owners approved the assessment rate increase to $450.00 per unit. There is currently no inflator associated with the Sandalwood Zone assessments.
There are currently 11 parcels within this Zone, and the total Zone costs are spread to each of the 11 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $4,950.00 Total Units 11
Fiscal Year 2025/26 Actual Assessment Per Unit $450.00
Fiscal Year 2025/26 Maximum Assessment Per Unit(1) $450.00 (1) Assessment rate increase approved by property owners in April 2018.
There is no change in the assessment rate from the previous fiscal year.
4.18 Sparhawk Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $174.77 per unit. In July 2005, the City conducted Proposition 218 proceedings to increase the maximum assessment rate and add an annual inflator of 3% for the Zone. Property owners approved the rate increase and the inflator. Each year the maximum assessment rate is increased by 3% over the previous year’s maximum assessment rate. The rate increase took effect in Fiscal Year 2005/06 and the 3% inflator took effect in Fiscal Year 2006/07. In June 2024, City Council approved the election results of a Proposition 218 proceeding to increase the maximum assessment rate to $500.00 with a 3% annual inflator. Property owners approved the rate increase and the inflator. The rate increase took effect in Fiscal Year 2024/25 and the 3% inflator will take effect in Fiscal Year 2025/26.
There are currently 18 parcels within this Zone, and the total Zone costs are spread to each of the 18 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $9,000.00 Total Units 18
Fiscal Year 2025/26 Actual Assessment Per Unit $500.00
Fiscal Year 2025/26 Maximum Assessment Per Unit (1) $515.00 (1) Assessment rate increase approved by property owners in June 2024.
There is no change in the assessment rate from the previous fiscal year.
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 13
4.19 Stone Creek Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $306.66 per unit. In July 2005, the City conducted Proposition 218 proceedings to add an annual inflator of 3% for the Zone. Property owners approved the inflator. Each year the maximum assessment rate is increased by 3% over the previous year’s maximum assessment rate. The inflator took effect in Fiscal Year 2005/06.
There are currently 35 parcels within this Zone, and the total Zone costs are spread to each of the 35 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $13,596.10 Total Units 35
Fiscal Year 2025/26 Actual Assessment Per Unit $388.46
Fiscal Year 2025/26 Maximum Assessment Per Unit (1) $570.47 (1) Assessment rate increase approved by property owners in July 2005.
There is no change in the assessment rate from the previous fiscal year.
4.20 Sunnyside/Stone Gate Zone
The assessment rate originally approved at the time of annexing this Zone into the District was $449.40 per unit. In July 2005, the City conducted Proposition 218 proceedings to add an annual inflator of 3% for the Zone. Property owners approved the inflator. Each year the maximum assessment rate is increased by 3% over the previous year’s maximum assessment rate. The inflator took effect in Fiscal Year 2005/06.
There are currently 10 parcels within this Zone, and the total Zone costs are spread to each of the 10 units as follows:
Estimated Fiscal Year 2025/26 Costs and Fund Adjustment $3,750.00 Total Units 10
Fiscal Year 2025/26 Actual Assessment Per Unit $375.00
Fiscal Year 2025/26 Maximum Assessment Per Unit (1) $836.01 (1) Assessment rate increase approved by property owners in July 2005.
There is no change in the assessment rate from the previous fiscal year.
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 14
5. ASSESSMENT DIAGRAMS
The Assessment Diagrams for each Zone in the District have been submitted to the City Clerk in the format required under the provisions of the Act. Copies of the diagrams are included herein. The lines and dimensions shown on maps of the County Assessor for the current year are, by reference, made part of this Report as well.
City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 15
6. ASSESSMENT ROLL
The listing of Fiscal Year 2025/26 assessments is provided per Zone on the following pages. The description of each lot or parcel as part of the records of the County Assessor are, by reference, made part of this Report as well.
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ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
ŽŶƚĞ'ĂƌĚĞŶƐ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϮϴͲϭϬͲϬϭϬ ϭϵϴϳ<dz
d,tz Ψϯϲϱ͘ϬϬ ϭ Ψϯϲϱ͘ϬϬ
ϳϮϴͲϭϬͲϬϭϭ ϭϵϲϳ<dz
d,tz ϯϲϱ͘ϬϬ ϭ ϯϲϱ͘ϬϬ
ϳϮϴͲϭϬͲϬϭϮ ϭϵϲϱ<dz
d,tz ϯϲϱ͘ϬϬ ϭ ϯϲϱ͘ϬϬ
ϳϮϴͲϭϬͲϬϭϯ ϭϵϳϬ<dz
d,tz ϯϲϱ͘ϬϬ ϭ ϯϲϱ͘ϬϬ
ϳϮϴͲϭϬͲϬϭϰ ϭϵϯϬKEd
tz ϯϲϱ͘ϬϬ ϭ ϯϲϱ͘ϬϬ
ϳϮϴͲϭϬͲϬϭϱ ϭϵϮϬKEd
tz ϯϲϱ͘ϬϬ ϭ ϯϲϱ͘ϬϬ
ϳϮϴͲϭϬͲϬϭϲ ϭϵϭϬKEd
tz ϯϲϱ͘ϬϬ ϭ ϯϲϱ͘ϬϬ
ϳϮϴͲϭϬͲϬϭϳ ϭϵϬϬKEd
tz ϯϲϱ͘ϬϬ ϭ ϯϲϱ͘ϬϬ
ϳϮϴͲϭϬͲϬϭϴ ϭϴϵϬKEd
tz ϯϲϱ͘ϬϬ ϭ ϯϲϱ͘ϬϬ
ϳϮϴͲϭϬͲϬϭϵ ϭϴϴϬKEd
tz ϯϲϱ͘ϬϬ ϭ ϯϲϱ͘ϬϬ
ϳϮϴͲϭϬͲϬϮϬ ϭϴϳϬKEd
tz ϯϲϱ͘ϬϬ ϭ ϯϲϱ͘ϬϬ
ϭϭĐĐŽƵŶƚƐ Ψϰ͕Ϭϭϱ͘ϬϬ ϭϭ Ψϰ͕Ϭϭϱ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϯŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
ŝĂŶĂ
ƐƚĂƚĞƐ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϮϲͲϬϳͲϬϰϮ ϭϳϯϴϲ^
Z
E
Z Ψϭϯϵ͘ϯϵ ϭ Ψϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϰϯ ϭϳϯϵϬ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϰϰ ϭϳϯϵϰ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϰϱ ϭϳϯϵϴ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϱϱ ϭϳϯϵϵ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϱϲ ϭϳϯϵϱ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϱϳ ϭϳϯϵϭ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϱϴ ϭϳϯϴϳ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϱϵ ϭϳϯϴϯ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϲϬ ϭϳϯϳϵ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϲϭ ϭϳϯϳϱ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϲϮ ϭϳϯϳϭ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϲϯ ϭϳϯϲϳ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϲϰ ϭϳϯϲϯ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϲϱ ϭϳϯϱϵ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϲϲ ϭϳϯϱϱ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϲϳ ϭϳϯϱϭ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϲϴ ϭϳϯϰϳ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϲϵ ϭϳϯϰϯ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϳϬ ϭϳϯϯϵ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϳϭ ϭϳϯϯϱ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϳϮ ϭϳϯϯϭ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϳϯ ϭϳϯϮϳ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϳϰ ϭϳϯϮϯ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϳϱ ϭϳϯϭϵ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϳϳ ϭϳϯϳϴ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϳϴ ϭϳϯϴϮ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϴϬ ϭϳϯϭϱ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϴϭ ϭϳϯϲϳt>Ehd'ZKs
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϴϮ ϭϳϯϲϯt>Ehd'ZKs
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϴϯ ϭϳϯϱϵt>Ehd'ZKs
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϴϰ ϭϳϯϱϱt>Ehd'ZKs
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϴϱ ϭϳϯϱϭt>Ehd'ZKs
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϴϲ ϭϳϯϰϳt>Ehd'ZKs
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϳͲϬϴϳ ϭϳϯϰϯt>Ehd'ZKs
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϯϭ ϴϳϱ/Es
ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϯϮ ϭϳϰϬϬ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϯϯ ϭϳϰϬϲ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϯϰ ϭϳϰϭϮ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϯϱ ϭϳϰϭϴ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϯϲ ϴϳϬ^
Z
E
d ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϰϲ ϭϳϰϰϵ
>>
ddKZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϰŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
ŝĂŶĂ
ƐƚĂƚĞƐ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϮϲͲϬϴͲϬϰϳ ϭϳϰϰϱ
>>
ddKZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϰϴ ϴϮϱt
/,
ZdZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϰϵ ϴϮϲt
/,
ZdZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϱϬ ϴϮϴt
/,
ZdZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϱϭ ϭϳϰϯϭ
>>
ddKZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϱϮ ϭϳϰϮϲ
>>
ddKZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϱϯ ϭϳϰϯϬ
>>
ddKZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϱϰ ϭϳϰϯϰ
>>
ddKZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϱϱ ϭϳϰϯϴ
>>
ddKZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϱϲ ϭϳϰϰϮ
>>
ddKZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϱϳ ϭϳϰϰϲ
>>
ddKZ ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϱϴ ϴϯϮ
E'>/^,t>Ehdtz ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϱϵ ϴϯϰ
E'>/^,t>Ehdtz ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϲϬ ϴϯϲ
E'>/^,t>Ehdtz ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϲϭ ϭϳϰϰϳ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϲϮ ϭϳϰϰϭ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϲϯ ϭϳϰϯϱ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϲϰ ϭϳϰϮϵ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϲϱ ϭϳϰϮϯ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϲϲ ϭϳϰϭϳ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϲϳ ϭϳϰϭϭ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϳϮϲͲϬϴͲϬϲϴ ϭϳϰϬϱ^
Z
E
Z ϭϯϵ͘ϯϵ ϭ ϭϯϵ͘ϯϴ
ϲϰĐĐŽƵŶƚƐ Ψϴ͕ϵϮϬ͘ϵϲ ϲϰ Ψϴ͕ϵϮϬ͘ϯϮ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϱŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
&Ždž,ŽůůŽǁ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϲϰͲϰϳͲϬϬϭ ϭϴϯϬϱDhZW,z^WZ/E'^Z Ψϭϳϯ͘ϱϯ ϭ Ψϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϬϮ ϭϴϯϭϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϬϯ ϭϴϯϮϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϬϰ ϭϴϯϯϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϬϱ ϭϴϯϰϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϬϲ ϭϴϯϱϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϬϳ ϭϴϯϲϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϬϴ ϭϴϯϳϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϬϵ ϭϴϯϴϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϭϬ ϭϴϯϵϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϭϭ ϭϴϰϬϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϭϮ ϭϴϰϭϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϭϯ ϭϴϰϮϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϭϰ ϭϴϰϯϱDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϭϱ ϭϲϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϭϲ ϭϳϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϭϳ ϭϴϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϭϴ ϭϵϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϮϬ ϮϮϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϮϭ ϮϯϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϮϮ ϮϰϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϮϯ ϮϱϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϮϰ ϮϲϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϮϱ ϮϳϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϮϲ ϮϴϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϮϳ ϮϵϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϮϴ ϯϬϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϮϵ ϯϭϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϯϬ ϯϮϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϯϭ ϯϯϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϯϮ ϯϰϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϯϯ ϯϱϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϯϰ ϯϲϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϯϱ ϭϴϯϯϬDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϯϲ ϭϴϯϰϬDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϯϳ ϭϴϯϱϬDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϯϴ ϭϴϯϲϬDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϯϵ ϭϴϯϳϬDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϰϬ ϭϴϯϴϬDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϰϭ ϭϴϯϵϬDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϰϮ ϭϴϰϬϬDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϰϯ ϭϴϰϭϬDhZW,z^WZ/E'^Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϲŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
&Ždž,ŽůůŽǁ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϲϰͲϰϳͲϬϰϰ Ϯϭϱ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϰϱ ϮϮϱ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϰϲ Ϯϯϱ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϰϳ Ϯϰϱ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϰϴ Ϯϲϱ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϰϵ Ϯϳϱ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϱϬ Ϯϴϱ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϱϭ Ϯϵϱ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϱϮ ϯϬϱ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϱϯ ϯϲϰs/>KD ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϱϰ ϯϳϬs/>KD ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϱϱ ϯϳϰs/>KD ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϱϲ ϯϴϬs/>KD ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϱϳ ϯϴϰs/>KDZ ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϱϴ ϭϴϰϰϱDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϱϵ ϭϴϰϱϱDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϲϬ ϭϴϰϲϱDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϲϭ ϭϴϰϳϱDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϲϮ ϭϴϰϴϱDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϲϯ ϭϴϰϵϱDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϲϰ ϭϴϱϬϱDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϲϱ ϭϴϱϭϱDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϲϲ ϭϴϱϮϱDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϲϳ ϭϴϱϯϱDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϲϴ ϭϴϰϵϬDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϲϵ ϭϴϰϴϬDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϳϬ ϭϴϰϳϬDhZW,z^WZ/E'^d ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϳϭ ϯϴϱs/>KD ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϳϮ ϯϴϭs/>KD ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϳϯ ϯϳϱs/>KDZ ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϳϰ ϯϳϭs/>KD ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϳϱ ϯϲϱs/>KD ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϲϰͲϰϳͲϬϳϵ ϮϬϬ&Ky,K>>Kt/Z ϭϳϯ͘ϱϯ ϭ ϭϳϯ͘ϱϮ
ϳϱĐĐŽƵŶƚƐ Ψϭϯ͕Ϭϭϰ͘ϳϱ ϳϱ Ψϭϯ͕Ϭϭϰ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϳŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
,ĂŵŝůƚŽŶ^ƋƵĂƌĞ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϲϳͲϯϲͲϬϰϰ ϭϱϯϭϬ>ZKZ ΨϰϮϱ͘ϬϬ ϭ ΨϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϰϱ ϭϱϯϮϬ>ZKZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϰϲ ϭϱϯϯϬ>ZKZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϰϳ ϭϱϯϰϬ>ZKZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϰϴ ϭϱϯϱϬ>ZKZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϰϵ ϭϱϯϲϬ>ZKZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϱϬ ϭϱϯϱϱ>ZKZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϱϭ ϭϱϮϭϱDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϱϮ ϭϱϮϬϵDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϱϯ ϭϱϮϬϯDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϱϰ ϭϱϭϵϳDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϱϱ ϭϱϭϵϭDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϱϲ ϭϱϭϴϱDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϱϳ ϭϱϭϳϵDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϱϴ ϭϱϭϳϯDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϱϵ ϭϱϭϲϳDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϲϬ ϭϱϭϲϭDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϲϭ ϭϱϭϱϱDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϲϮ ϭϱϭϰϵDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϲϯ ϭϱϭϰϯDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϲϰ ϭϱϭϯϳDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϲϱ ϭϱϭϯϭDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϲϲ ϭϱϭϮϱDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϲϴ ϳϵϳDWK
>>Kd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϲϵ ϴϬϭDWK
>>Kd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϳϬ ϴϬϱDWK
>>Kd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϳϭ ϭϱϭϵϬDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϳϮ ϭϱϭϵϲDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϳϯ ϭϱϮϬϮDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϳϰ ϭϱϮϬϴDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϳϱ ϭϱϮϭϰDKEd/
>>Ktz ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϳϲ ϭϱϯϯϱ>ZKZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϳϳ ϭϱϮϯϱs/KZ&/E/K ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϳϴ ϭϱϮϮϱs/KZ&/E/K ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϳϵ ϭϱϮϭϱs/KZ&/E/K ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϴϬ ϭϱϮϬϱs/KZ&/E/K ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϴϭ ϭϱϭϵϱs/KZ&/E/K ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϲϳͲϯϲͲϬϴϮ ϭϱϭϳϱs/KZ&/E/K ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϯϴĐĐŽƵŶƚƐ Ψϭϲ͕ϭϱϬ͘ϬϬ ϯϴ Ψϭϲ͕ϭϱϬ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϴŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
:ĂĐŬƐŽŶDĞĂĚŽǁƐηϲ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϴϭϳͲϮϲͲϬϰϳ ϮϳϰϵD/Z
>>/Z ΨϭϬϴ͘ϬϬ ϭ ΨϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϰϴ ϮϳϱϯD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϰϵ ϮϳϱϳD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϲϲ ϮϳϵϯD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϲϳ ϮϳϵϳD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϲϴ ϮϴϬϭD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϲϵ ϮϴϬϱD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϳϬ ϮϴϬϵD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϳϭ ϮϴϭϯD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϳϮ ϮϴϭϳD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϳϯ ϮϴϮϭD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϳϱ ϮϴϮϬD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϳϲ ϮϴϭϲD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϳϳ ϮϴϭϮD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϳϴ ϮϴϬϴD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϳϵ ϮϴϬϰD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϴϬ ϮϴϬϬD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϴϭ ϮϳϵϲD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϴϮ ϮϳϴϬD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϴϯ ϮϳϳϲD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϴϰ ϮϳϳϮD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϴϱ ϮϳϲϴD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϴϲ ϮϳϬϭD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϴϳ ϮϳϬϱD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϴϴ ϮϳϬϵD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϴϵ ϮϳϭϯD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϵϬ ϮϳϭϳD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϵϭ ϮϳϮϭD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϵϮ ϮϳϮϱD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϵϯ ϮϳϮϵD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϵϱ ϭϲϱϬϰD/Z&>KZ
^d ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϵϲ ϭϲϱϭϰD/Z&>KZ
^d ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϵϳ ϭϲϱϮϰD/Z&>KZ
^d ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϵϴ ϭϲϱϯϰD/Z&>KZ
^d ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϬϵϵ ϭϲϱϯϳD/Z&>KZ
^d ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϬϬ ϭϲϱϮϳD/Z&>KZ
^d ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϬϭ ϮϳϯϲD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϬϮ ϮϳϯϮD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϬϯ ϮϳϮϴD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϬϰ ϮϳϮϰD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϬϱ ϮϳϮϬD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϬϲ ϮϳϭϲD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϵŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
:ĂĐŬƐŽŶDĞĂĚŽǁƐηϲ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϴϭϳͲϮϲͲϭϬϳ ϮϳϭϮD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϬϴ ϮϳϬϴD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϬϵ ϮϳϬϰD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϭϬ ϮϳϬϬD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϭϭ ϮϴϰϴD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϭϮ ϮϴϰϰD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϭϯ ϮϴϰϬD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϭϰ ϮϴϯϲD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϭϱ ϮϴϯϮD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϭϲ ϮϴϮϴD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϭϳ ϮϴϮϰD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϭϴ ϭϲϱϯϮD/Z
>>W> ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϭϵ ϭϲϱϰϮD/Z
>>W> ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϮϬ ϭϲϱϱϮD/Z
>>W> ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϮϮ ϭϲϱϱϯD/Z
>>W> ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϮϯ ϭϲϱϰϯD/Z
>>W> ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϮϰ ϭϲϱϯϯD/Z
>>W> ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϮϱ ϭϲϱϯϬdZ/>Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϮϲ ϭϲϱϰϬdZ/>Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϮϳ ϭϲϱϱϬdZ/>Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϮϵ ϮϳϲϭD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϯϬ ϮϳϲϱD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϯϭ ϮϳϲϵD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϯϮ ϮϳϳϯD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϯϯ ϮϳϳϳD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϯϰ ϮϳϴϭD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϯϱ ϮϳϴϱD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϴϭϳͲϮϲͲϭϯϲ ϮϳϴϵD/Z
>>/Z ϭϬϴ͘ϬϬ ϭ ϭϬϴ͘ϬϬ
ϳϬĐĐŽƵŶƚƐ Ψϳ͕ϱϲϬ͘ϬϬ ϳϬ Ψϳ͕ϱϲϬ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϭϬŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
:ĂĐŬƐŽŶDĞĂĚŽǁƐηϳ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϴϭϳͲϳϬͲϬϬϭ ϮϴϴϬs/^d
>s>>
ΨϭϬϬ͘ϬϬ ϭ ΨϭϬϬ͘ϬϬ
ϴϭϳͲϳϬͲϬϬϮ ϮϴϲϬs/^d
>s>>
ϭϬϬ͘ϬϬ ϭ ϭϬϬ͘ϬϬ
ϴϭϳͲϳϬͲϬϬϯ ϮϴϰϬs/^d
>s>>
ϭϬϬ͘ϬϬ ϭ ϭϬϬ͘ϬϬ
ϴϭϳͲϳϬͲϬϬϰ ϮϴϯϬs/^d
>s>>
ϭϬϬ͘ϬϬ ϭ ϭϬϬ͘ϬϬ
ϴϭϳͲϳϬͲϬϬϱ ϮϳϰϱdKZKs/^dd ϭϬϬ͘ϬϬ ϭ ϭϬϬ͘ϬϬ
ϴϭϳͲϳϬͲϬϬϲ ϮϳϲϱdKZKs/^dd ϭϬϬ͘ϬϬ ϭ ϭϬϬ͘ϬϬ
ϴϭϳͲϳϬͲϬϬϳ ϮϳϴϱdKZKs/^dd ϭϬϬ͘ϬϬ ϭ ϭϬϬ͘ϬϬ
ϴϭϳͲϳϬͲϬϬϴ ϮϳϳϬdKZKs/^dd ϭϬϬ͘ϬϬ ϭ ϭϬϬ͘ϬϬ
ϴϭϳͲϳϬͲϬϬϵ ϮϳϱϬdKZKs/^dd ϭϬϬ͘ϬϬ ϭ ϭϬϬ͘ϬϬ
ϴϭϳͲϳϬͲϬϭϳ ϮϳϰϬdKZKs/^dd ϭϬϬ͘ϬϬ ϭ ϭϬϬ͘ϬϬ
ϭϬĐĐŽƵŶƚƐ Ψϭ͕ϬϬϬ͘ϬϬ ϭϬ Ψϭ͕ϬϬϬ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϭϭŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>Ă'ƌĂŶĚĞ
ƐƚĂƚĞƐ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϲϳͲϰϱͲϬϯϮ ϳϵϱ>'ZE
Z Ψϴϴ͘ϬϬ ϭ Ψϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϯϯ ϭϱϳϭϬ>d/
ZZZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϯϰ ϭϱϲϵϱ>d/
ZZZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϯϳ ϭϱϲϴϬs/^dEZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϯϴ ϭϱϲϵϬs/^dEZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϯϵ ϭϱϳϭϱ>d/
ZZZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϰϬ ϭϱϳϮϬ>d/
ZZZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϰϭ ϭϱϳϯϬs/^dEZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϰϮ ϭϱϳϰϬs/^dEZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϰϯ ϭϱϳϯϱs/^dEZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϰϰ ϭϱϳϮϱs/^dEZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϰϱ ϴϭϭ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϰϲ ϴϮϭ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϰϳ ϴϯϭ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϰϴ ϴϰϭ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϰϵ ϴϱϭ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϱϬ ϴϲϭ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϱϭ ϴϱϲ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϱϮ ϴϰϲ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϱϯ ϴϯϲ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϱϰ ϴϮϲ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϱϱ ϴϭϲ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϱϲ ϴϬϲ>d/
ZZd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϱϳ ϭϱϳϬϱs/^dEZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϱϴ ϭϱϲϵϱs/^dEZ ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϱϵ ϴϭϱs/^dEd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϲϬ ϴϮϱs/^dEd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϲϭ ϴϯϱs/^dEd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϲϮ ϴϰϱs/^dEd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϲϯ ϴϱϬs/^dEd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϲϰ ϴϰϬs/^dEd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϳϲϳͲϰϱͲϬϲϱ ϴϯϬs/^dEd ϴϴ͘ϬϬ ϭ ϴϴ͘ϬϬ
ϯϮĐĐŽƵŶƚƐ ΨϮ͕ϴϭϲ͘ϬϬ ϯϮ ΨϮ͕ϴϭϲ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϭϮŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ĂĐƌŽƐƐĞͬ'ĞƌĂ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϲϳͲϰϲͲϬϬϭ ϭϱϲϯϱ>:K>>Z ΨϱϬ͘ϬϬ ϭ ΨϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϬϮ ϭϱϲϭϱ>:K>>Z ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϬϯ ϭϱϱϵϱ>:K>>Z ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϬϰ ϭϱϱϱϱ>:K>>Z ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϬϱ ϭϱϱϯϱ>:K>>Z ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϬϲ ϭϱϱϭϱ>:K>>Z ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϬϳ ϭϱϰϵϱ>:K>>Z ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϬϴ ϭϱϰϳϱ>:K>>Z ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϬϵ ϮϬϬ>'hd ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϭϬ ϮϭϬ>'hd ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϭϭ ϮϮϱ>'hd ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϭϮ Ϯϭϱ>'hd ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϭϯ ϮϬϱ>'hd ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϭϰ ϮϯϬ>s/h>d ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϭϱ ϮϮϬ>s/h>d ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϭϴ ϭϱϲϮϬ>:K>>Z ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϭϵ ϭϱϲϰϬ>:K>>Z ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϮϬ ϮϮϱ>s/h>d ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϮϭ Ϯϭϱ>s/h>d ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϮϮ ϮϬϱ>s/h>d ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϮϯ ϭϱϱϲϬ>:K>>Z ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϮϰ ϮϭϬ>s/h>d ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϮϱ ϮϬϯ>s/h>d ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϳϲϳͲϰϲͲϬϮϲ ϭϱϲϬϬ>:K>>Z ϱϬ͘ϬϬ ϭ ϱϬ͘ϬϬ
ϮϰĐĐŽƵŶƚƐ Ψϭ͕ϮϬϬ͘ϬϬ Ϯϰ Ψϭ͕ϮϬϬ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϭϯŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ůĂŐĂƐƌĞĞŬ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϲϰͲϰϵͲϬϬϮ ϭϴϯϬϬ,Z/^d
W,Z Ψϯϰϯ͘ϬϬ ϭ Ψϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϬϯ ϭϴϯϬϮ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϬϰ ϭϴϯϬϰ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϬϱ ϭϴϯϬϲ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϬϲ ϭϴϯϬϴ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϬϳ ϭϴϯϭϬ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϬϴ ϭϴϯϭϮ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϬϵ ϭϴϯϭϰ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϭϬ ϭϴϯϭϲ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϭϭ ϭϴϯϭϴ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϭϮ ϲϬϬ<z^WZ/E'^d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϭϯ ϲϬϰ<z^WZ/E'^d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϭϰ ϲϬϴ<z^WZ/E'^d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϭϱ ϲϭϮ<z^WZ/E'^d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϭϲ ϲϭϲ<z^WZ/E'^d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϭϳ ϲϭϵ<z^WZ/E'^d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϭϴ ϲϮϯ<z^WZ/E'^d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϭϵ ϲϮϳ<z^WZ/E'^d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϮϬ ϭϴϯϮϰ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϮϭ ϭϴϯϮϲ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϮϮ ϲϯϮ/Zd ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϮϯ ϲϯϱ/Zd ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϮϰ ϲϯϳ/Zd ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϮϱ ϲϯϵ/Zd ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϰϵͲϬϮϲ ϭϴϯϯϮ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϬͲϬϬϭ ϭϴϯϯϰ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϬͲϬϬϮ ϭϴϯϯϲ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϬͲϬϬϯ ϲϱϰ>>'^s/^dZ ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϬͲϬϬϰ ϲϱϲ>>'^s/^dZ ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϬͲϬϬϱ ϲϱϴ>>'^s/^dZ ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϬͲϬϬϲ ϲϲϬ>>'^s/^dZ ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϬͲϬϬϳ ϲϲϮ>>'^s/^dZ ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϭͲϬϬϭ ϲϱϵ>>'^s/^dZ ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϭͲϬϬϰ ϭϴϯϰϰ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϭͲϬϬϱ ϭϴϯϰϱ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϭͲϬϭϬ ϭϴϯϰϯ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϭͲϬϭϭ ϭϴϯϰϭ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϭͲϬϭϮ ϲϱϭ>>'^s/^dZ ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϭͲϬϭϯ ϭϴϰϭϮ>>'^Z
<Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϭͲϬϭϰ ϲϱϳ>>'^s/^dZ ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϭͲϬϭϱ ϲϱϱ>>'^s/^dZ ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϬϭ ϲϬϵ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϭ4ŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ůĂŐĂƐƌĞĞŬ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϲϰͲϱϮͲϬϬϮ ϲϭϭ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϬϯ ϲϭϱ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϬϰ ϲϮϭ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϬϱ ϲϮϱ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϬϲ ϲϮϵ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϬϴ ϭϴϰϬϬ>>'^Z
<Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϬϵ ϭϴϰϬϮ>>'^Z
<Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϭϬ ϭϴϰϬϰ>>'^Z
<Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϭϭ ϭϴϰϬϲ>>'^Z
<Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϭϮ ϲϱϬ>>'^s/^dZ ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϭϯ ϭϴϯϯϵ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϭϰ ϭϴϯϯϳ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϭϱ ϭϴϯϯϱ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϭϲ ϭϴϯϯϯ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϭϳ ϭϴϯϯϭ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϭϴ ϭϴϯϮϵ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϭϵ ϭϴϯϮϳ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϮϬ ϭϴϯϮϱ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϮϭ ϭϴϯϮϯ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϮϮ ϭϴϯϮϭ,Z/^d
W,Z ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϮϯ ϲϭϬ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϮϰ ϲϭϰ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϮϱ ϲϭϴ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϮϲ ϲϮϮ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϮϳ ϲϮϲ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϮͲϬϮϴ ϲϯϬ^
ZW
Ed/E
d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϯͲϬϬϯ ϭϴϯϬϬ>>'^d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϯͲϬϬϰ ϭϴϯϬϱ>>'^d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϲϰͲϱϯͲϬϬϱ ϭϴϯϬϯ>>'^d ϯϰϯ͘ϬϬ ϭ ϯϰϯ͘ϬϬ
ϳϭĐĐŽƵŶƚƐ ΨϮϰ͕ϯϱϯ͘ϬϬ ϳϭ ΨϮϰ͕ϯϱϯ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϭ5ŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
>ůĂŐĂƐͬKďĂƚĂ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϲϰͲϮϯͲϬϯϮ ϯϬϬ
Z<^,/Z
Z ΨϰϱϬ͘ϬϬ ϭ ΨϰϱϬ͘ϬϬ
ϳϲϰͲϮϯͲϬϯϯ ϮϵϬ
Z<^,/Z
Z ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϲϰͲϮϯͲϬϯϰ ϮϴϬ
Z<^,/Z
Z ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϲϰͲϮϯͲϬϯϱ ϮϳϬ
Z<^,/Z
Z ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϲϰͲϮϯͲϬϯϲ ϮϲϬ
Z<^,/Z
Z ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϱĐĐŽƵŶƚƐ ΨϮ͕ϮϱϬ͘ϬϬ ϱ ΨϮ͕ϮϱϬ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϭ6ŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
DŝůůƌĞĞŬ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϲϳͲϰϳͲϬϬϭ ϯϴϬs/>Z'Kd ΨϮϴϱ͘ϬϬ ϭ ΨϮϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϬϮ ϯϵϬs/>Z'Kd Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϬϯ ϰϬϬs/>Z'Kd Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϬϰ ϰϭϬs/>Z'Kd Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϬϱ ϰϮϬs/>Z'Kd Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϬϲ ϰϭϱs/>Z'Kd Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϬϳ ϰϬϱs/>Z'Kd Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϬϴ ϯϴϱs/>Z'Kd Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϬϵ ϭϱϯϮϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϭϬ ϭϱϯϯϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϭϭ ϭϱϯϰϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϭϮ ϭϱϯϱϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϭϯ ϭϱϯϲϯs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϭϰ ϭϱϯϲϳs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϭϱ ϭϱϯϳϭs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϭϲ ϭϱϯϳϱs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϭϳ ϭϱϯϳϵs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϭϴ ϭϱϯϴϯs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϭϵ ϭϱϯϴϳs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϮϬ ϭϱϯϳϮs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϮϭ ϭϱϯϲϴs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϮϮ ϭϱϯϲϰs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϮϯ ϭϱϯϲϬs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϮϵ ϯϭϵs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϯϬ ϯϮϵs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϯϭ ϯϯϵs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϯϮ ϯϰϵs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϯϯ ϯϱϵs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϯϰ ϯϲϵs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϯϱ ϯϳϵs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϯϲ ϭϱϯϴϬs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϯϳ ϯϴϰs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϯϴ ϯϳϰs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϯϵ ϯϲϰs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϰϬ ϯϱϰs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϰϭ ϯϰϰs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϰϮ ϯϯϰs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϰϯ ϯϮϰs/EsKE Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϰϰ ϭϱϰϯϱ>:K>>Z Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϰϱ ϭϱϰϭϱ>:K>>Z Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϰϲ ϯϮϳ>s
>d Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϰϳ ϯϯϳ>s
>d Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϭϳŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
DŝůůƌĞĞŬ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϲϳͲϰϳͲϬϰϴ ϯϰϳ>s
>d Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϰϵ ϯϱϳ>s
>d Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϱϬ ϯϲϳ>s
>d Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϱϭ ϯϱϮ>s
>d Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϱϮ ϯϰϮ>s
>d Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϱϯ ϯϯϮ>s
>d Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϱϰ ϯϮϮ>s
>d Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϱϱ ϯϭϮ>s
>d Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϱϳ ϯϭϱs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϱϴ ϯϮϱs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϱϵ ϯϯϱs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϲϬ ϯϰϱs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϲϭ ϯϱϱs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϲϮ ϯϲϱs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϲϯ ϯϳϬs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϲϰ ϯϲϬs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϲϱ ϯϱϬs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϲϲ ϯϰϬs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϲϳ ϯϯϬs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϲϴ ϯϮϬs/>Z'K Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϲϵ ϭϱϯϱϱ>:K>>Z Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϳϬ ϭϱϯϯϱ>:K>>Z Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϳϭ ϭϱϯϭϱ>:K>>Z Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϳϮ ϭϱϮϵϱ>:K>>Z Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϳϯ ϭϱϮϳϱ>:K>>Z Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϳϰ ϭϱϮϱϱ>:K>>Z Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϳϱ ϭϱϯϱϵs/
E/EK^ Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϳϲ ϭϱϯϳϬ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϳϳ ϭϱϯϴϬ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϳϴ ϭϱϯϵϬ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϳϵ ϭϱϰϬϬ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϴϬ ϭϱϰϭϬ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϴϭ ϭϱϰϮϬ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϴϮ ϭϱϰϯϬ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϴϯ ϭϱϰϯϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϴϰ ϭϱϰϮϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϴϱ ϭϱϰϭϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϴϲ ϭϱϰϬϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϴϳ ϭϱϯϵϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϴϴ ϭϱϯϴϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϴϵ ϭϱϯϳϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
ϳϲϳͲϰϳͲϬϵϬ ϭϱϯϲϱ>ZK>
tz Ϯϴϱ͘ϬϬ ϭ Ϯϴϱ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϭϴŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
DŝůůƌĞĞŬ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϴϰĐĐŽƵŶƚƐ ΨϮϯ͕ϵϰϬ͘ϬϬ ϴϰ ΨϮϯ͕ϵϰϬ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϭϵŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
KĂŬƌĞĞŬ/͕//͕///
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϳϵͲϱϭͲϬϬϭ ϭϰϳϬϬ
y>/
ZZ ΨϰϮϱ͘ϬϬ ϭ ΨϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϬϮ ϭϰϳϬϰ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϬϯ ϭϰϳϬϴ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϬϰ ϭϰϳϭϮ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϬϱ ϭϰϳϭϲ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϬϲ ϭϰϳϮϬ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϬϳ ϭϰϳϮϰ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϬϴ ϭϰϳϮϴ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϬϵ ϭϰϳϯϮ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϭϬ ϭϰϳϯϲ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϭϭ ϭϰϳϯϳ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϭϮ ϵϮϯWZE
Zd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϭϯ ϵϮϳWZE
Zd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϭϰ ϵϯϭWZE
Zd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϭϱ ϵϯϱWZE
Zd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϭϲ ϵϯϬWZE
Zd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϭϳ ϵϮϲWZE
Zd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϭϴ ϵϮϮWZE
Zd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϭϵ ϵϭϴWZE
Zd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϮϬ ϭϰϳϮϱ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϮϭ ϭϰϳϮϭ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϮϮ ϭϰϳϭϳ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϮϯ ϭϰϳϭϯ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϮϰ ϵϮϭt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϯϬ ϭϰϳϵϭ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϯϭ ϭϰϳϴϳ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϯϮ ϭϰϳϴϯ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϯϯ ϭϰϳϳϵ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϯϰ ϭϰϳϳϱ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϯϱ ϭϰϳϳϭ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϯϲ ϭϰϳϲϳ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϯϳ ϭϰϳϲϯ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϯϴ ϭϰϳϱϱ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϯϵ ϭϰϳϰϬ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϰϬ ϭϰϳϰϰ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϰϭ ϭϰϳϰϴ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϰϮ ϭϰϳϱϮ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϰϯ ϭϰϳϱϲ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϰϰ ϭϰϳϲϬ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϰϱ ϭϰϳϲϰ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϰϲ ϭϰϳϲϴ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϰϳ ϭϰϳϳϮ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϮϬŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
KĂŬƌĞĞŬ/͕//͕///
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϳϵͲϱϭͲϬϰϴ ϭϰϳϳϲ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϰϵ ϭϰϳϴϬ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϱϬ ϭϰϳϴϰ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϱϭ ϭϰϳϴϴ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϱϮ ϭϰϳϵϮ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϱϯ ϭϰϳϵϲ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϭͲϬϱϰ ϭϰϴϬϬ
y>/
ZZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϬϰ ϵϯϵt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϬϱ ϵϰϯt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϬϲ ϵϰϳt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϬϳ ϵϱϭt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϬϴ ϵϱϱt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϬϵ ϵϱϵt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϭϬ ϵϲϯt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϭϭ ϵϲϴt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϭϮ ϵϲϰt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϭϯ ϵϲϬt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϭϰ ϵϱϲt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϭϱ ϵϱϮt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϭϲ ϵϰϴt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϭϳ ϵϰϰt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϭϴ ϵϰϬt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϭϵ ϵϯϲt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϮϬ ϵϯϮt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϮϭ ϭϰϳϬϳt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϮϮ ϭϰϳϭϭt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϮϯ ϭϰϳϭϱt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϮϰ ϭϰϳϭϵt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϮϱ ϭϰϳϮϯt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϮϲ ϭϰϳϮϳt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϮϳ ϭϰϳϮϮt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϮϴ ϭϰϳϭϴt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϮϵ ϭϰϳϭϰt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϯϬ ϭϰϳϭϬt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϯϭ ϭϰϳϬϲt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϯϮ ϭϰϳϬϮt,/d
>Khd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϯϯ ϵϮϴt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϯϰ ϵϮϰt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϯϱ ϵϮϬt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϯϳ ϭϬϮϬt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϯϴ ϭϬϭϲt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϯϵ ϭϬϭϰt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϮϭŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
KĂŬƌĞĞŬ/͕//͕///
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϳϵͲϱϮͲϬϰϬ ϭϬϭϬt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϰϭ ϭϬϬϬt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϰϳ ϵϴϰt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϱϱ ϵϳϱt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϱϲ ϵϲϬ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϱϳ ϵϱϲ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϱϴ ϵϱϮ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϱϵ ϵϰϴ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϲϬ ϵϰϰ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϲϭ ϵϰϬ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϲϮ ϵϯϵ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϲϯ ϵϰϯ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϲϰ ϵϰϳ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϲϱ ϵϱϭ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϲϲ ϵϱϱ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϲϳ ϵϱϵ^</Wtzd ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϲϴ ϵϴϱt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϲϵ ϵϵϱt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϳϬ ϵϵϵt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϳϭ ϭϬϬϭt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϳϮ ϭϬϬϵt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϳϯ ϭϬϭϱt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϳϰ ϭϬϭϵt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϳϱ ϵϳϬt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϳϲ ϵϳϮt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϳϳ ϵϳϰt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϳϴ ϵϳϲt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϳϵ ϵϳϴt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϴϬ ϵϴϬt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϴϭ ϵϴϮt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϴϮ ϵϴϲt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϴϯ ϵϴϴt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϴϰ ϵϵϬt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϴϱ ϵϵϰt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϳϳϵͲϱϮͲϬϴϲ ϵϵϴt,/d
>KhZ ϰϮϱ͘ϬϬ ϭ ϰϮϱ͘ϬϬ
ϭϭϵĐĐŽƵŶƚƐ ΨϱϬ͕ϱϳϱ͘ϬϬ ϭϭϵ ΨϱϬ͕ϱϳϱ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϮϮŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
ZŽƐĞŚĂǀĞŶ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϴϭϳͲϭϬͲϬϬϱ ϳϬϱZZ
dds
ΨϰϬϬ͘ϬϬ ϭ ΨϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϬϲ ϳϭϱZZ
dds
ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϬϳ ϳϮϱZZ
dds
ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϬϴ ϳϯϱZZ
dds
ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϭϬ ϳϰϱZZ
dds
ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϭϭ ϳϱϱZZ
dds
ϰϬϬ͘ϬϬ Ϯ ϴϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϭϮ ϭϲϯϬϬ^EZDKEZ ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϭϯ ϭϲϯϭϬ^EZDKEZ ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϭϰ ϭϲϯϮϬ^EZDKEZ ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϭϱ ϳϭϬ^EZDKEd ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϭϲ ϳϮϬ^EZDKEd ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϭϳ ϳϯϬ^EZDKEd ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϭϴ ϳϯϱ^EZDKEd ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϭϵ ϳϮϱ^EZDKEd ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϮϬ ϳϭϱ^EZDKEd ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϮϭ ϭϲϯϰϬ^EZDKEZ ϰϬϬ͘ϬϬ Ϯ ϴϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϮϮ ϳϮϰ^EZ/^dKs>d ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϮϯ ϳϮϲ^EZ/^dKs>d ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϮϰ ϭϲϯϱϬ^EZDKEZ ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϮϱ ϭϲϯϲϬ^EZDKEZ ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϮϲ ϭϲϯϳϱ^EZDKEZ ϰϬϬ͘ϬϬ Ϯ ϴϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϮϳ ϭϲϯϲϱ^EZDKEZ ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϮϴ ϭϲϯϱϱ^EZDKEZ ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϴϭϳͲϭϬͲϬϮϵ ϭϲϯϰϱ^EZDKEZ ϰϬϬ͘ϬϬ ϭ ϰϬϬ͘ϬϬ
ϮϰĐĐŽƵŶƚƐ Ψϵ͕ϲϬϬ͘ϬϬ Ϯϳ ΨϭϬ͕ϴϬϬ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϮϯŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
^ĂŶĚĂůǁŽŽĚ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϮϴͲϭϭͲϬϮϳ ϭϳϮϯϳ^E>tKKtz ΨϰϱϬ͘ϬϬ ϭ ΨϰϱϬ͘ϬϬ
ϳϮϴͲϭϭͲϬϮϴ ϭϳϮϮϳ^E>tKKtz ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϮϴͲϭϭͲϬϮϵ ϭϳϮϭϳ^E>tKKtz ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϮϴͲϭϭͲϬϯϬ ϭϳϮϬϳ^E>tKKtz ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϮϴͲϭϭͲϬϯϭ ϭϳϭϵϳ^E>tKKtz ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϮϴͲϭϭͲϬϯϮ ϭϳϭϴϳ^E>tKKtz ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϮϴͲϭϭͲϬϯϯ ϭϳϭϳϳ^E>tKKtz ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϮϴͲϭϭͲϬϯϰ ϭϳϮϭϮ^E>tKKtz ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϮϴͲϭϭͲϬϯϱ ϭϳϮϮϮ^E>tKKtz ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϮϴͲϭϭͲϬϯϲ ϭϳϮϮϰ^E>tKKtz ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϳϮϴͲϭϭͲϬϯϳ ϭϳϮϯϮ^E>tKKtz ϰϱϬ͘ϬϬ ϭ ϰϱϬ͘ϬϬ
ϭϭĐĐŽƵŶƚƐ Ψϰ͕ϵϱϬ͘ϬϬ ϭϭ Ψϰ͕ϵϱϬ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϮϰŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
^ƉĂƌŚĂǁŬ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϲϰͲϯϭͲϬϮϱ ϲϯϱ
'>
^WZ/E'^d ΨϱϬϬ͘ϬϬ ϭ ΨϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϮϲ ϲϰϱ
'>
^WZ/E'^d ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϮϳ ϲϱϱ
'>
^WZ/E'^d ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϮϴ ϲϰϬ
'>
^WZ/E'^d ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϮϵ ϭϴϮϰϭ>>'^Z
<Z ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϯϬ ϭϴϮϯϭ>>'^Z
<Z ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϯϭ ϲϯϱ^WZ,t<Z ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϯϮ ϲϰϱ^WZ,t<Z ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϯϯ ϲϱϱ^WZ,t<Z ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϯϰ ϲϲϱ^WZ,t<Z ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϯϱ ϲϲϬ^WZ,t<Z ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϯϲ ϲϱϬ^WZ,t<Z ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϯϳ ϲϰϬ^WZ,t<Z ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϯϴ ϭϴϮϭϭ^WZ,t<tz ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϯϵ ϭϴϮϭϮ^WZ,t<tz ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϰϬ ϭϴϮϭϲ^WZ,t<tz ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϰϭ ϲϯϬ^WZ,t<Z ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϳϲϰͲϯϭͲϬϰϮ ϲϮϬ^WZ,t<Z ϱϬϬ͘ϬϬ ϭ ϱϬϬ͘ϬϬ
ϭϴĐĐŽƵŶƚƐ Ψϵ͕ϬϬϬ͘ϬϬ ϭϴ Ψϵ͕ϬϬϬ͘ϬϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϮϱŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
^ƚŽŶĞƌĞĞŬ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϮϲͲϬϲͲϬϭϲ ϱϯϬ/Es
Ψϯϴϴ͘ϰϲ ϭ Ψϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϭϳ ϱϰϬ/Es
ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϭϴ ϱϱϬ/Es
ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϭϵ ϱϲϬ/Es
ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϮϬ ϱϳϬ/Es
ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϮϭ ϱϴϬ/Es
ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϮϮ ϭϳϮϴϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϮϯ ϭϳϮϳϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϮϰ ϭϳϮϲϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϮϱ ϭϳϮϱϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϮϲ ϭϳϮϰϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϮϳ ϭϳϮϯϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϮϴ ϭϳϮϬϬZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϮϵ ϭϳϭϵϬZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϯϬ ϭϳϭϴϬZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϯϰ ϭϳϭϯϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϯϱ ϭϳϭϮϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϯϲ ϭϳϭϭϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϯϳ ϭϳϭϬϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϯϴ ϭϳϭϬϬZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϰϰ ϭϳϭϱϬZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϰϱ ϭϳϭϲϬZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϰϲ ϭϳϭϳϬZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϰϳ ϭϳϮϬϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϰϴ ϭϳϭϵϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϰϵ ϭϳϭϴϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϱϬ ϭϳϭϳϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϱϭ ϭϳϭϲϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϱϮ ϭϳϭϱϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϱϯ ϭϳϭϰϱZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϱϰ ϭϳϭϭϬZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϱϱ ϭϳϭϮϬZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϱϲ ϭϳϭϯϬZK^
DZz/Z ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϱϳ ϭϳϭϰϳ^dEd,KEzZ ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϳϮϲͲϬϲͲϬϱϴ ϭϳϭϰϴ^dEd,KEzZ ϯϴϴ͘ϰϲ ϭ ϯϴϴ͘ϰϲ
ϯϱĐĐŽƵŶƚƐ Ψϭϯ͕ϱϵϲ͘ϭϬ ϯϱ Ψϭϯ͕ϱϵϲ͘ϭϬ
^ůŝŐŚƚǀĂƌŝĂŶĐĞƐŵĂLJŽĐĐƵƌĚƵĞƚŽƌŽƵŶĚŝŶŐ
ŽƉLJƌŝŐŚƚΞϮϬϭϯďLJE^ WĂŐĞϮϲŽĨϮϳ ϬϯͬϮϰͬϮϬϮϱϬϵ͗ϭϯ͗ϭϭD
ŝƚLJŽĨDŽƌŐĂŶ,ŝůů
^ƵŶŶLJƐŝĚĞͬ^ƚŽŶĞŐĂƚĞ
$VVHVVPHQW5ROOIRU)LVFDO<HDU
ĐĐŽƵŶƚEƵŵďĞƌ ĚĚƌĞƐƐ ĐƚƵĂůZĂƚĞ hŶŝƚƐ ƐƐĞƐƐŵĞŶƚ>ĞǀLJ ϳϳϯͲϯϭͲϬϯϰ ϭϬϮϱ^dKE
'd
d Ψϯϳϱ͘ϬϬ ϭ Ψϯϳϱ͘ϬϬ
ϳϳϯͲϯϭͲϬϯϱ ϭϬϯϱ^dKE
'd
d ϯϳϱ͘ϬϬ ϭ ϯϳϱ͘ϬϬ
ϳϳϯͲϯϭͲϬϯϲ ϭϬϰϱ^dKE
'd
d ϯϳϱ͘ϬϬ ϭ ϯϳϱ͘ϬϬ
ϳϳϯͲϯϭͲϬϯϳ ϭϬϱϬ^dKE
'd
d ϯϳϱ͘ϬϬ ϭ ϯϳϱ͘ϬϬ
ϳϳϯͲϯϭͲϬϯϴ ϭϬϰϬ^dKE
'd
d ϯϳϱ͘ϬϬ ϭ ϯϳϱ͘ϬϬ
ϳϳϯͲϯϭͲϬϯϵ ϭϬϯϬ^dKE
'd
d ϯϳϱ͘ϬϬ ϭ ϯϳϱ͘ϬϬ
ϳϳϯͲϯϭͲϬϰϬ ϭϬϮϬ^dKE
'd
d ϯϳϱ͘ϬϬ ϭ ϯϳϱ͘ϬϬ
ϳϳϯͲϯϭͲϬϰϯ ϭϬϬϱ^dKE
'd
d ϯϳϱ͘ϬϬ ϭ ϯϳϱ͘ϬϬ
ϳϳϯͲϯϭͲϬϰϰ ϭϬϭϱ^dKE
'd
d ϯϳϱ͘ϬϬ ϭ ϯϳϱ͘ϬϬ
ϳϳϯͲϯϭͲϬϰϱ ϭϬϮϭ^dKE
'd
d ϯϳϱ͘ϬϬ ϭ ϯϳϱ͘ϬϬ
ϭϬĐĐŽƵŶƚƐ Ψϯ͕ϳϱϬ͘ϬϬ ϭϬ Ψϯ͕ϳϱϬ͘ϬϬ
ΨϮϭϮ͕ϮϱϬ͘ϴϭ ϳϰϴ ΨϮϭϯ͕ϰϰϵ͘ϰϮ ϳϰϱdŽƚĂůĐĐŽƵŶƚƐ
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City of Morgan Hill Landscape Assessment District No. 1 Engineer’s Report Fiscal Year 2025/26 16
7. HISTORICAL ACTUAL ASSESSMENT RATES
The historical actual assessment rates levied per Zone are identified on the following pages.
City of Morgan Hill
Landscape Assessment District No. 1
Actual Historical Assessment Rates Per Zone
Zone Belle Estates
Chang/
Bertelone
Conte
Gardens
Diana
Estates
Fox Hollow/
Murphy Sp.
Hamilton
Square
Jackson
Meadows
#6
Jackson
Meadows
#7
La Grande
Estates
Lacrosse/
Gera
Annexation Number 93-03 93-05 92-10 94-01 Original 94-03 93-06 91-03 95-03 91-04 Original Rate $502.22 $1,215.00 $477.82 $139.39 $106.15 $425.54 $108.10 $314.58 $88.00 $142.99 Unit Count 36 8 11 64 75 38 70 10 32 24
1991/92 - - - $139.39 - - - $314.58 - $142.991992/93 - --- ------1993/94 - - - 69.80 - - - 77.35 - 8.931994/95 - - - 69.80 $106.15 - - 77.35 - 8.931995/96 $502.00 $1,215.00 $285.98 54.14 79.92 $425.54 $108.10 88.66 - 8.931996/97 71.00 8.93 477.82 21.94 49.11 214.08 76.04 194.70 - 8.931997/98 71.00 8.93 477.82 21.94 49.11 214.08 76.04 194.70 - 8.931998/99 71.00 8.93 477.82 21.94 49.11 214.08 76.04 194.70 - 8.931999/00 147.81 8.93 477.82 81.03 49.11 399.71 108.10 314.50 $88.00 8.932000/01 147.81 8.93 477.82 81.03 49.11 399.71 108.10 314.50 88.00 8.932001/02 147.80 8.92 477.82 54.80 49.10 399.70 86.38 314.50 88.00 8.922002/03 147.80 8.92 477.82 70.00 101.10 399.70 104.18 314.50 88.00 8.922003/04 175.00 8.92 477.82 80.00 101.10 399.70 104.18 314.50 88.00 8.922004/05 180.00 8.92 477.82 80.00 101.10 399.70 108.10 314.50 88.00 8.922005/06 180.00 94.92 477.82 105.00 141.10 399.70 108.10 314.50 88.00 8.922006/07 180.00 94.92 477.82 105.00 141.10 399.70 108.10 314.50 88.00 8.922007/08 194.00 94.92 477.82 135.00 141.10 399.70 108.10 314.50 88.00 8.922008/09 234.00 94.92 477.82 139.39 149.69 425.54 108.10 314.50 88.00 130.002009/10 234.00 200.00 477.82 139.39 149.69 425.54 108.10 314.50 88.00 130.002010/11 234.00 300.00 477.82 139.39 149.69 425.54 108.10 314.50 88.00 130.002011/12 282.00 400.00 477.82 139.39 168.48 425.54 108.10 314.50 88.00 50.002012/13 282.00 400.00 477.82 139.39 173.53 425.54 98.10 140.00 88.00 50.002013/14 320.00 500.00 477.82 139.39 173.53 425.54 98.10 140.00 88.00 50.002014/15 320.00 500.00 477.82 139.39 173.53 425.54 98.10 140.00 88.00 50.002015/16 320.00 550.00 400.00 139.39 173.53 425.54 108.00 140.00 88.00 50.002016/17 320.00 550.00 400.00 139.39 173.53 425.54 108.00 100.00 88.00 50.00 2017/18 320.00 550.00 400.00 139.39 173.53 325.00 108.00 100.00 88.00 50.002018/19 320.00 550.00 365.00 139.39 173.53 325.00 108.00 100.00 88.00 50.002019/20 320.00 550.00 365.00 139.39 173.53 325.00 108.00 100.00 88.00 50.00 2020/21 320.00 550.00 365.00 139.39 173.53 325.00 108.00 100.00 88.00 50.00 2021/22 320.00 550.00 365.00 139.39 173.53 325.00 108.00 100.00 88.00 50.002022/23 310.00 550.00 365.00 139.39 173.53 325.00 108.00 100.00 88.00 50.002023/24 310.00 550.00 365.00 139.39 173.53 425.00 108.00 100.00 88.00 50.002024/25 310.00 550.00 365.00 139.39 173.53 425.00 108.00 100.00 88.00 50.002025/26 310.00 550.00 365.00 139.39 173.53 425.00 108.00 100.00 88.00 50.00
City of Morgan Hill
Landscape Assessment District No. 1
Actual Historical Assessment Rates Per Zone
Zone
Annexation Number
Original Rate
Unit Count
1991/921992/931993/941994/951995/961996/971997/981998/991999/002000/012001/022002/032003/042004/052005/062006/072007/082008/092009/102010/112011/122012/132013/142014/152015/162016/17 2017/182018/192019/202020/212021/222022/232023/242024/252025/26 Llagas Creek
Estates
Llagas/
Obata Mill Creek Oak Creek
Parsons
Corner Rose Haven Sandalwood Sparhawk Stone Creek
Sunnyside/
Stone Gate
91-05 91-07 93-01 94-04 95-02 95-01 96-01 91-06 94-02 91-01 $140.84 $629.16 $186.82 $453.82 $568.32 $488.47 $192.39 $174.77 $306.66 $449.40 71 5 84 119 10 27 11 18 35 10
$140.85 $629.16 - - - - - $174.77 - $449.40
----------
19.13 335.37 - - - - - 93.03 - 15.0519.13 15.05 - - - - - 308.84 - 15.0476.60 15.05 $186.82 $453.82 - - - 226.46 $306.66 15.0459.54 8.93 64.57 47.67 $568.32 $488.47 - 147.33 146.66 8.9359.54 8.93 64.57 47.67 457.40 189.73 - 147.33 146.66 8.9359.54 8.93 64.57 337.09 457.40 189.73 - 147.33 146.66 8.93 140.85 8.93 95.83 320.52 457.40 189.73 $192.36 147.33 275.00 8.93140.85 8.93 158.64 245.16 457.40 189.73 192.36 147.33 275.00 8.93105.86 8.92 158.64 150.00 457.40 189.72 192.36 147.32 275.00 8.92140.00 8.92 182.64 250.00 300.00 300.00 192.36 147.32 275.00 275.00140.00 8.92 120.00 300.00 300.00 300.00 192.36 147.32 275.00 192.50140.00 8.92 120.00 300.00 300.00 300.00 192.36 147.32 306.66 192.50190.00 53.92 138.00 300.00 430.00 300.00 192.36 202.32 306.66 332.50190.00 53.92 138.00 300.00 430.00 300.00 192.36 202.32 306.66 332.50190.00 53.92 168.00 300.00 460.00 330.00 192.36 208.38 306.66 332.50195.70 53.92 186.82 300.00 460.00 370.00 192.36 214.64 306.66 332.50195.70 53.92 186.82 300.00 460.00 370.00 192.36 214.64 306.66 332.50195.70 53.92 186.82 300.00 460.00 370.00 192.36 214.64 306.66 332.50195.70 53.92 186.82 350.00 250.00 450.00 192.36 241.58 306.66 332.50195.70 53.92 186.82 350.00 250.00 450.00 192.36 248.82 388.46 332.50233.67 53.92 186.82 350.00 250.00 450.00 192.36 248.82 388.46 412.50233.67 53.92 186.82 350.00 250.00 450.00 192.36 248.82 388.46 412.50233.67 143.92 186.82 350.00 250.00 450.00 192.36 248.82 388.46 375.00233.67 143.92 186.82 350.00 250.00 488.00 192.36 248.82 388.46 375.00 233.67 143.92 186.82 350.00 250.00 488.00 192.36 248.82 388.46 375.00233.67 400.00 186.82 350.00 250.00 400.00 450.00 248.82 388.46 375.00233.67 400.00 186.82 350.00 0.00 400.00 450.00 248.82 388.46 375.00233.67 400.00 285.00 350.00 0.00 400.00 450.00 248.82 388.46 375.00233.67 400.00 285.00 350.00 0.00 400.00 450.00 248.82 388.46 375.00233.67 400.00 285.00 425.00 0.00 400.00 450.00 334.00 388.46 375.00233.67 450.00 285.00 425.00 0.00 400.00 450.00 334.00 388.46 375.00233.67 450.00 285.00 425.00 0.00 400.00 450.00 500.00 388.46 375.00343.00 450.00 285.00 425.00 0.00 400.00 450.00 500.00 388.46 375.00
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MORGAN HILL, CALIFORNIA, CONFIRMING THE
ASSESSMENT AND ORDERING THE LEVY FOR THE CITY
OF MORGAN HILL LANDSCAPE ASSESSMENT DISTRICT
NO. 1 FOR FISCAL YEAR 2025/26
WHEREAS, the City Council of the City of Morgan Hill (hereafter referred to as the “City Council”) previously completed its proceedings in accordance with and pursuant to the Landscaping and Lighting Act of 1972, Part 2, Division 15 of the California Streets and Highways Code (commencing with Section 22500) (the “Act”) to establish the City of Morgan Hill (the “City”) Fox Hollow/Murphy Springs Landscape Assessment District and has by previous resolution changed the name of said district to the City of Morgan Hill Landscape Assessment District No. 1 (the “Assessment District”); and, WHEREAS, the City has retained NBS for the purposes of assisting with the annual levy of the Assessment District, and the preparation and filing of an Annual Report; and WHEREAS, NBS has not been required to update the Annual Report since the City Council’s preliminary approval on May 21st 2025; and
WHEREAS, the City Council has, by previous resolution, declared its intention to hold a Public Hearing concerning the levy and collection of assessments within the Assessment District; and
WHEREAS, notice of such Public Hearing was duly given in accordance with Section 22626 of the Act; and
WHEREAS, at the time and place specified in the aforementioned notice the City Council held and conducted such Public Hearing, and considered all objections to the assessment.
NOW, THEREFORE BE IT RESOLVED, DETERMINED, AND ORDERED BY THE COUNCIL, AS FOLLOWS:
1. Final Approval of Report: The City Council approves the Annual Report concerning the levy of assessments for the fiscal year commencing July 1, 2025 and ending June 30, 2026.
2. Confirmation of Assessment and Diagram: The City Council hereby confirms the assessment and the diagram as is described in full detail in the Annual Report on file with the City Clerk.
3. Levy of Assessment: Pursuant to Section 22631 of the Act, the adoption of this resolution shall constitute the levy of an assessment for the fiscal year commencing July 1, 2025 and ending June 30, 2026.
4. Ordering of the Levy: The City Council hereby orders NBS to prepare and submit the levy of assessments to Santa Clara County for placement on the Fiscal Year 2025/26 secured property tax roll.
PASSED, APPROVED AND ADOPTED by the City Council of Morgan Hill at a regular meeting held on the 18th day of June 2025.
AYES: COUNCIL MEMBERS:
NOES: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
APPROVED: ATTEST:
___________________________________ ____________________________________ Mark Turner, Mayor Michelle Bigelow, City Clerk
CERTIFICATION
I, Michelle Bigelow, City Clerk of the City of Morgan Hill, California, do hereby certify that the foregoing is a true and correct copy of Resolution No. ____, adopted by the City Council at the meeting held on June 18, 2025.
WITNESS MY HAND AND THE SEAL OF THE CITY OF MORGAN HILL.
DATE:______________________ _______________________________________ Michelle Bigelow, City Clerk
15 CITY COUNCIL STAFF REPORT
MEETING DATE: June 18, 2025
PREPARED BY:
Chris Ghione, Public Services Director
APPROVED BY: City Manager
AUTHORIZE A CHANGE ORDER FOR THE ENERGY SERVICES
CONTRACT WITH SYSERCO ENERGY SOLUTIONS, INC. TO THE
CITYWIDE SOLAR SYSTEMS PROJECT FOR THE REPAIR OF THE
CENTENNIAL RECREATION CENTER (CRC) SOLAR SYSTEM IN THE
AMOUNT OF $243,600
RECOMMENDATION(S)
1. Open and close the Public Hearing;
2. Authorize a Change Order for the repair of the CRC at a cost of $243,600;
3. Adopt a resolution appropriating $243,600 from the Building Replacement Fund (741); and
4. Adopt a resolution making findings in compliance with California Government Code Section 4217.12 on Energy Conservation Contracts.
COUNCIL PRIORITIES, GOALS & STRATEGIES
City Council Ongoing Priorities
Protecting the Environment and Preserving Open Space and Agricultural Land Maintaining and Enhancing Infrastructure
2024-2025 Strategic Priorities
Fiscal Sustainability
Guiding Documents
Climate Action Plan
REPORT NARRATIVE:
The solar system at the Centennial Recreation Center (CRC) was installed in 2011 and some of the key components have reached their end of life, are failing, and due for replacement. City staff have been working with several contractors for the last several months on replacing two inverters in the system. However, due to technology changes and the discontinuance of manufacturing of system components within the CRC solar system, the City has been unable to find a company that can make these repairs.
Due to the urgency in making the repairs to reduce increased energy expenses, City
15 staff reached out to Syserco Energy Solutions, which is currently designing and constructing solar for the City at multiple City facilities. Syserco has the experience and ability to design a retrofit of the system and construct that retrofit. The attached Change Order is for a design build contract designed to get the components of the CRC system replaced as quickly as possible. The attached change order also outlines the return on investment on the retrofit.
The current City contract for the Citywide Solar installation was procured using California Government Code sections 4217.10 to 4217.18, which would also be utilized in approving this Change Order. This section of the Government Code was created to establish a framework that allows public agencies, including cities, to implement energy efficiency, cogeneration, and alternative energy projects through performance contracts or other financial mechanisms. This code enables cities to enter into agreements with energy service companies to finance, design, construct, and/or maintain energy-saving improvements to public facilities. The key feature of the e-contracts is that the costs must be determined to be offset through energy savings achieved by the project, ensuring that the improvements deliver the expected financial and environmental benefits to the City. A resolution making the required findings is included in Attachment
3. COMMUNITY ENGAGEMENT:
Inform/Involve
This project aligns with the City's Climate Action Plan, which was developed through extensive collaboration with the Community. It is also aligned with the City Council's Goal of Fiscal Sustainability to protect the expense-reducing solar systems at the CRC.
ALTERNATIVE ACTIONS:
The City Council could choose not to move forward with the Change Order at this time and direct staff to go through a formal design bid process. This would result in the City having a loss of at least four months of time and a cost savings of $20,000, with no guarantee that the pricing would come in less than the proposed $243,600.
PRIOR CITY COUNCIL AND COMMISSION ACTIONS:
On June 26, 2024, the City Council authorized an agreement with Syserco Energy Solutions, Inc. for the construction of the Citywide Solar Project.
FISCAL AND RESOURCE IMPACT:
An appropriation of funding from the Facilities Replacement Fund (741) is necessary to fund this project. Not funding the project will result in the loss of about $60,000 annually in energy savings costs.
CEQA (California Environmental Quality Act):
Categorical Exemption
The planned maintenance and management of city facilities falls within the CEQA categorical exemption of Class 1, Existing Facilities.
15
Contract Change Order
Contract Number:
Contract Effective Date:
Change Order Number:
Change Order Effective Date:
All defined terms used in this Change Order are subject to the definitions in the Contract General Conditions.
Project
Project Title:
Contractor/Firm:
Summary of Change Order
Reason for change(s):
Description of change(s):
Incorporates Change Order
Request Number(s):
Change in Contract Price, if
any, based on payment
method (check one):
[See General Conditions
Article 6]
Unit Pricing Lump Sum Time and Materials
$ Not to exceed $
Cost Time
This Change Order will modify the Contract Price as
follows (check one):
❑ No change to Contract Price
❑ Increase Contract Price by $
❑ Decrease Contract Price by $
The Contract Price is now:
$
This Change Order will modify the Contract Time as
follows (check one):
❑ No change to Contract Time
❑ Increase Contract Time by calendar days
❑ Decrease Contract Time by calendar days
The deadline for Final Completion is now:
CONTRACT CHANGE ORDER PAGE 1 OF 2
Contract Change Order
Contract Number:
Contract Effective Date:
Change Order Number:
Change Order Effective Date:
Date of City Council approval (if required): , 20
Note: This Change Order requires City Council approval if the new Contract Price exceeds the total authorized funding for the Project (original contract award plus any approved contingency amount).*The City Manager must sign this Change Order if it increases the Contract Price by more than $20,000 or if it reduces the Project contingency amount to less than 50% of the authorized amount.
Change Order Reference Documents
Description of Document
(e.g., bid schedule,
schedule of values, Change
Order, request, RFI, field
directive, etc. )
Date
CONTRACTOR CERTIFICATION: By signing below, Contractor agrees that:
1) Contractor will provide all labor, materials, equipment and services necessary to perform and timely complete the Work under this Change Order according to the Contract Documents and in an economic and efficient manner in the best interests of the City.
2) This Change Order constitutes full resolution, settlement, accord and satisfaction with respect to any and all pending or future Claims for modifications of Contract Price or extensions of Contract Time that were or may be asserted, or that could have been asserted, in connection with the Work covered by this Change Order.
FAILURE TO EXECUTE:
If Contractor fails to promptly execute this Change Order within 10 days after it has been submitted for Contractor’s signature, the City may unilaterally issue this Change Order pursuant to Article 6 of the Contract General Conditions.
Contractor may dispute the terms of a unilaterally-issued Change Order, in whole or in part, by submitting a Claim within 15 days after the Change Order has been submitted and according to the dispute resolution procedures set forth in Article 12 of the Contract General Conditions. Contractor’s failure to submit a timely Claim under those procedures will be deemed unqualified acceptance of this Change Order as if it were duly executed by Contractor, and any and all Claims regarding this Change Order are deemed waived.
Submitted to Contractor for execution on By: __________________________________ Date Name/Title
Accepted by Contractor: Approved by the City of Morgan Hill:
By: By:
Name: Name: Chris Ghione
Title: Title: Public Services Director
Date: Date:
CONTRACT
CHANGE ORDER Page 396 of 406
City Manager*
Syserco Energy Solutions, Inc.
215 Fourier Avenue, Suite 140, Fremont, CA 94539 | 510.498.1410 (Phone) | CL# 991301 | www.syserco-es.com May 19, 2025
Chris Ghione, Assistant City Manager, Public Services
City of Morgan Hill
17575 Peak Ave.
Morgan Hill, CA 95037
Subject: Change Order Proposal for Replacement & Repair of Existing Solar PV Inverters at Centennial Recreation Center
Dear Mr. Ghione,
The City of Morgan Hill has demonstrated interest in repairing two (2) existing inverters for existing solar PV systems at the Centennial Recreation Center. This proposal outlines the Scope of Work to be included, upon approval of this proposal. It is our understanding that if approved, this work shall be considered a change order to existing contract between Syserco Energy Solutions, and the City of Morgan Hill, titled “City Multi Facility Solar Project.” Please see attached Cash-Flow pro forma, which details the calculated energy savings that will be realized by the City, at the completion of this work.
Also attached is a Preliminary Project Schedule, for your reference.
Scope of Work
1. Replace (2) Existing inverters on site (PV Powered PVP100kW and PV Powered PVP50kW) with (1) SMA SHP 125-US-21 inverter. A new circuit breaker will be installed in the existing AC combiner panel to accommodate this installation.
2. Install DC-DC converters on the existing concrete pad at the current inverters’ location, along with all necessary balance of system equipment needed to intake existing DC string wiring feeding both existing inverters and output a single combined circuit to interface with new inverter. The circuits which will be intercepted (as identified on the site as-built single line diagram) are as follows:
a. B3, B4, C5, C6, C7, C8
3. The newly installed DC-DC conversion equipment will be as follows:
a. (4) Alencon SPOT-V7-1000 DC-DC converters
b. (4) Alencon FEED-H-10_P2FT-S2FT-FPD-PSF-FL DC disconnects c. (1) Alencon Custom Junction Box to parallel DC-DC converters d. (1) Alencon PODD communications and control device
i. (1) Alencon BOX-4-V2 Outdoor enclosure
4. Connect new inverter to existing ALSOEnergy DAS system and AC combiner panel.
5. Coordinate with utility to ensure approval of work and conformance with existing interconnection tariff.
6. Secure building permit for construction of system.
Syserco Energy Solutions, Inc. 2 www.syserco-es.com
Assumed Conditions
1. The City shall provide all IT support required for the installation of solar PV and interface systems for this project.
2. All permit fees required for completion of the project are assumed to be waived by the city.
3. The City shall provide complete as-built plans for the existing PV system on site.
4. All elements of the existing PV system excluding the inverters to be replaced (modules, DC disconnect, AC combiner panel, etc.) are assumed to be in good working condition.
5. Existing concrete pad is assumed to have sufficient structural integrity to support replaced equipment.
Exclusions
1. Service upgrades, electrical service equipment, or new services.
2. Structural reinforcement of existing concrete pad.
3. Detailed system mapping to catalog as-built PV conditions (this is assumed to be provided in asbuilt PV plans to be provided by the City)
4. Adjustments to existing PV system not listed in the scope of work
5. Permit Fees (assumed to be waived by the city.)
6. Arc Fault Hazard Assessment.
7. Overcurrent Protection Coordination Studies.
8. Special inspections.
Inverters to be replaced /
New equipment location
Syserco Energy Solutions, Inc. 3 www.syserco-es.com
Pricing
Syserco Energy Solutions shall complete the Scope of Work, as detailed in this proposal for a price of $243,600.
Savings
As per attached Cash Flow pro forma, the project is expected to generate enough utility savings to pay for the initial investment in ~4.5 years, while realizing an additional NET Savings of ~$624,708 through year 16.
Please signify acceptance of this Proposal by signing below.
Enclosures:
Inverter Replacement Cash Flow (Cash Purchase)
Preliminary Schedule
Year
Projected
Energy
Savings
Incentives
Projected
O&M
Savings
Total
Program
Savings
Project
Payments
PV O&M
and M&V
Cost
Total
Program
Costs
Project Cost $243,600 1 Year 1 (6 Months) $25,121 $0 $0 $25,121 $243,600 $0 $243,600 -$218,479 -$218,479 Inflation Reduction Act (Solar)* $0 2 Year 2 $59,606 $0 $0 $59,606 $0 $0 $0 $59,606 -$158,873 Other Incentives $0 3 Year 3 $62,335 $0 $0 $62,335 $0 $0 $0 $62,335 -$96,538 *IRA Solar Incentive is an Estimate - SES is not a Financial Advisor 4 Year 4 $65,188 $0 $0 $65,188 $0 $0 $0 $65,188 -$31,350 Total Grants and Incentives $ - 5 Year 5 $68,170 $0 $0 $68,170 $0 $0 $0 $68,170 $36,820 PV Construction Duration (Years) 0 6 Year 6 $71,288 $0 $0 $71,288 $0 $0 $0 $71,288 $108,108 ECM Construction Duration (Years) 0 7 Year 7 $41,914 $0 $0 $41,914 $0 $0 $0 $41,914 $150,022 Annual Escalation of Electricity Cost 5.00% 8 Year 8 $43,829 $0 $0 $43,829 $0 $0 $0 $43,829 $193,851 Annual Escalation of O&M Cost/Savings 1.00% 9 Year 9 $45,831 $0 $0 $45,831 $0 $0 $0 $45,831 $239,682 Change Settings on TELP Page 10 Year 10 $47,924 $0 $0 $47,924 $0 $0 $0 $47,924 $287,606 0 11 Year 11 $50,111 $0 $0 $50,111 $0 $0 $0 $50,111 $337,718 1 12 Year 12 $52,398 $0 $0 $52,398 $0 $0 $0 $52,398 $390,116 2 13 Year 13 $54,787 $0 $0 $54,787 $0 $0 $0 $54,787 $444,903 3 14 Year 14 $57,285 $0 $0 $57,285 $0 $0 $0 $57,285 $502,188 4 15 Year 15 $59,896 $0 $0 $59,896 $0 $0 $0 $59,896 $562,084 5 16 Year 16 $62,624 $0 $0 $62,624 $0 $0 $0 $62,624 $624,708 6 17 Year 17 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
7 18 Year 18 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
8 19 Year 19 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
9 20 Year 20 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
10 21 Year 21 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
11 22 Year 22 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
12 23 Year 23 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
13 24 Year 24 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
14 25 Year 25 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
15 26 Year 26 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
16 27 Year 27 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
17 28 Year 28 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
18 29 Year 29 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
19 30 Year 30 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
20 31 Year 31 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
21 32 Year 32 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
22 33 Year 33 $0 $0 $0 $0 $0 $0 $0 $0 $624,708
23 Totals $868,308 $0 $0 $868,308 $243,600 $0 $243,600 $624,708 Cash
Position
City of Morgan Hill - CRC Inverter Replacement Project Savings Project Costs Project
Preliminary Cash Flow Analysis (Cash) Savings
-$300,000
-$200,000
-$100,000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
1 6 11 16 21 26 31
Project Revenues (Cash Purchase)
Cumulative Cash Flow Annual Cash Flow
ID Task Name Duration Start Finish
1 City of Morgan Hill Inverter replacement 149 days Wed 6/18/25 Sat 1/10/26 2 Prime Contract Execution/Subcontractors on-boarding 11 days Wed 6/18/25 Mon 6/30/25 3 Prime Contract Execution/ NTP Issued 0 days Wed 6/18/25 Wed 6/18/25 4 Issue Subcontracts/LOIs/POs 11 days Wed 6/18/25 Mon 6/30/25 5 DESIGN & ENGINEERING PHASE 5 days Mon 6/30/25Fri 7/4/25 6 Electrical - Design & Engineering 5 days Mon 6/30/25Fri 7/4/25 7 Design Complete 0 days Fri 7/4/25 Fri 7/4/25
8 City Permit Submission 20 days Fri 7/4/25 Fri 8/1/25
9 Permit Submittal 0 days Fri 7/4/25 Fri 7/4/25
10 Approval Process- 4 wks Mon 7/7/25 Fri 8/1/25
11 Permit Issued 0 days Fri 8/1/25 Fri 8/1/25
12 PROCUREMENT PHASE 105 days Mon 7/7/25 Fri 11/28/25
13 Order Inverters 21 wks Mon 7/7/25 Fri 11/28/25
14 CONSTRUCTION PHASE 19 days Mon 12/1/25Thu 12/25/25
15 Mobilization 2 days Mon 12/1/25Tue 12/2/25
16 Installation and wiring 15 days Wed 12/3/25Tue 12/23/25 17 Commissioning 2 days Wed 12/24/25Thu 12/25/25
18 CLOSE-OUT PHASE 10 days Fri 12/26/25 Thu 1/8/26
19 Punch-list Completed 10 days Fri 12/26/25 Thu 1/8/26 20 Final Completion 0 days Thu 1/8/26 Thu 1/8/26
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2 9 162330 7 142128 4 111825 1 8 152229 6 132027 3 101724 1 8 152229 5 1219 Jun '25 Jul '25 Aug '25 Sep '25 Oct '25 Nov '25 Dec '25 Jan '26 Task
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SYSERCO ENERGY SOLUTIONS
Morgan Hill Inverters draft Proj
Syserco Energy Solutions -Draf
Mon 5/19/25
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MORGAN HILL APPROVING AN AMENDMENT TO
THE CITY’S FISCAL YEAR 2024-25 BUDGET I N
T H E B U I L D I N G R E P L A C E M E N T F U N D
( 7 4 1 ) T O APPROPRIATE $243,600.00
WHEREAS, the City of Morgan Hill, a municipal corporation and general law city duly organized and existing under and pursuant to the Constitution and laws of the State of California (“City”), is authorized to enter into contracts and agreements for the benefit of the City; and WHEREAS, the reasons supporting the purchase described in, and that is the subject of, this Resolution are set forth in detail in that certain City Council Staff Report entitled “Authorize a Change Order for the Energy Services Contract with Syserco Energy Solutions, Inc. to the Citywide System Project” submitted for City Council consideration at its meeting of June 18, 2025, submitted to the City Council by the City Manager (the “Staff Report”), the contents of which Staff Report are incorporated herein by this reference; and WHEREAS, recommended amendments are needed and proposed to the City’s previously adopted Annual Budget for Fiscal Year 24-25, as set forth to this Resolution, to appropriate the requisite funds to implement the actions authorized by this Resolution; and WHEREAS, the consideration by City Council of the adoption of this Resolution has been duly noticed pursuant to applicable laws and has been placed upon the City Council Meeting Agenda on the date set forth in the Staff Report, or to such date that the City Council may have continued or deferred consideration of this Resolution, and on such date the City Council conducted a duly noticed public meeting at which meeting the City Council provided members of the public an opportunity to comment and be heard and considered any and all testimony and other evidence provided in connection with the adoption of this Resolution; and WHEREAS, the activities allowed under this Resolution do not constitute a project under the provisions of the California Environmental Quality Act of 1970 and WHEREAS, the City Council determines that the adoption of this Resolution is in the public interest.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MORGAN HILL DOES HEREBY FIND, DETERMINE, RESOLVE AND ORDER AS FOLLOWS:
Section 1. Recitals. The City Council does hereby find, determine, and resolve that all of the foregoing recitals are true and correct.
Section 2. Approval and Authorization. The City Council does further resolve, order and/or direct as follows:
a. That the City’s previously adopted Fiscal Year 24-25 Budget, as the same has been amended to date, is hereby further amended in accordance with and as reflected on Exhibit A attached hereto and incorporated herein by this reference; and
b. That the City Clerk is hereby authorized and directed to forward a copy of this Resolution to the City’s Finance Director, who is hereby authorized and directed to take all actions necessary to implement the terms of this Resolution pertaining to the Fiscal Year 24-25 Budget of the City; and c. That the City Manager is hereby delegated authority to and is authorized to take all other ministerial actions that may be necessary or appropriate to implement the provisions of this Resolution.
Section 3. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED by the City Council of the City of Morgan Hill at its meeting held on this 18th day of June 2025 by the following vote:
AYES: COUNCIL MEMBERS:
NOES: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
DATE:
Mark Turner, MAYOR
➢ CERTIFICATION
I, Michelle Bigelow, City Clerk of the City of Morgan Hill, California, do hereby certify that the foregoing is a true and correct copy of Resolution No.XXXX , adopted by the City Council at the meeting held on June 18, 2025.
WITNESS MY HAND AND THE SEAL OF THE CITY OF MORGAN HILL.
DATE:
Michelle Bigelow, CITY CLERK
EXHIBIT A
AGENDA BUDGET SCORECARD
FISCAL YEAR 2024-2025
ADJUSTMENT # 005
FUND: 741 Building Replacement Fund
DEPARTMENT: 00 General Services
040 Public Services
8500 Building Replacement
OBJECT: 43820 OTHER IMPROVEMENTS
AGENDA DATE: 06/18/25
AGENDA ITEM TITLE:
07/01/24 06/30/25
AUDITED PROJECTED
BEGINNING AMENDED ENDING
FUND ESTIMATED APPROPRI- FUND
BALANCE REVENUES ATIONS BALANCE
ORIGINAL BUDGET 5,083,004 1,041,905 3,059,856 3,065,053
CUMULATIVE REVISIONS PRIOR - - - -
TO RECOMMENDED ACTION
RECOMMENDED ACTION - 243,600 (243,600)
RESULTOF RECOMMENDED ACTION 5,083,004 1,041,905 3,303,456 2,821,453 Syserco Energy Solutions
RESOLUTION NO. 25-_____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MORGAN HILL MAKING FINDINGS FOR AN ENERGY
SERVICES CONTRACT FOR AN ENERGY EFFICIENCY
PROJECT REQUIRED UNDER CALIFORNIA
GOVERNMENT CODE SECTION 4217.10 ET SEQ. AND
AUTHORIZING A CHANGE ORDER TO AN ENERGY
SERVICES CONTRACT WITH SYSERCO ENERGY
SOLUTIONS, INC.
WHEREAS, California Government Code section 4217.12 permits the City to enter directly into an energy services contract to design and construct energy conservation facilities if the City Council finds at a regularly scheduled public hearing noticed at least two weeks in advance that “the anticipated cost to the public agency for thermal or electrical energy or conservation services provided by the energy conservation facility under the contract will be less than the anticipated marginal cost to the public agency of thermal, electrical, or other energy that would have been consumed by the public agency in the absence of those purchases”; WHEREAS, the City has prepared a change order with Syserco Energy Solutions, Inc. to design and construct a project to retrofit the City owned solar facility at its Centennial Recreation Center;
WHEREAS, the project will effectively reduce electrical costs and help reduce greenhouse gas emissions associated with the production of electricity from conventional power plants; WHEREAS, Syserco Energy Solutions has provided the City with analysis showing the benefits of implementing the project, and the analysis is included in the staff report associated with this resolution;
WHEREAS, City staff has determined that the cost of energy after completion of the project will be less than the cost of energy that would have otherwise been without this project, and that therefore, this project can be accomplished under the authority of California Government Code 4217 et seq.;
WHEREAS, the City proposes to enter into a contract change order for the design and construction of a solar retrofit project at the Centennial Recreation Center; WHEREAS, in accordance with Government Code section 4217.10 et seq., not less than fourteen days before the meeting where this Resolution was considered, the City posted notice of a public hearing at which the City Council would consider this Resolution.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MORGAN HILL DOES HEREBY FIND, DETERMINE, RESOLVE AND ORDER AS FOLLOWS:
City of Morgan Hill
Resolution No. 224-_____
Section 1. Energy Savings Finding (Gov. Code, § 4217.12) In accordance with Section 4217.12, and based on data provided by the energy analysis, the City Council finds that the anticipated cost to the City for electrical energy and conservation services provided by the Energy Improvements will be less than the anticipated marginal cost to the City of electrical and other energy that would have been consumed by the City in the absence of the project.
Section 2. Approval of Energy Services Contract. The City Council hereby authorizes the City Manager to enter into the Energy Services Contract Change Order with Syserco Energy Solutions, Inc., in accordance with Section 4217.12.
PASSED, APPROVED, AND ADOPTED by the City Council of the City of Morgan Hill at its meeting held on this 18th day of June 2025 by the following vote:
AYES: COUNCIL MEMBERS: None
NOES: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
APPROVED: ATTEST:
___________________________________ _______________________________ MARK TURNER, Mayor MICHELLE BIGELOW, City Clerk
CERTIFICATION
I, Michelle Bigelow, City Clerk of the City of Morgan Hill, California, do hereby certify that the foregoing is a true and correct copy of Resolution No. 25-_____ adopted by the City Council at the meeting held on the 18th day of June 2025.
WITNESS MY HAND AND THE SEAL OF THE CITY OF MORGAN HILL.
DATE: _____________________ ___________________________________ MICHELLE BIGELOW, City Clerk