Agenda packet — Oakley City Council, February 10, 2026 (part 1 of 2)

AGENDA

REGULAR JOINT MEETING OF THE OAKLEY CITY COUNCIL/OAKLEY CITY COUNCIL

ACTING AS THE SUCCESSOR AGENCY TO THE OAKLEY REDEVELOPMENT

AGENCY/OAKLEY PUBLIC FINANCING AUTHORITY
Tuesday, February 10, 2026
6:30 PM
Oakley City Council Chambers located at 3231 Main Street, Oakley, California 94561.

Unless stated otherwise on the agenda, every item on the agenda is exempt from CEQA Guidelines Sections 15060(c), 15061(b)(3), 15273, 15378, 15301, 15323 and/or Public Resources Code Section 21065.

MISSION STATEMENT: The City of Oakley will create a resilient future that fosters and attracts a vibrant and evolving community that welcomes and values all people.

VISION STATEMENT: The City of Oakley celebrates our unique Delta lifestyle and small-town feel where we Live in a safe, dynamic community, Work together to build the future, and Play in our own backyard.

Agendas are posted in Oakley at Oakley City Hall-3231 Main Street, outside the gym at Delta Vista Middle School-4901 Frank Hengel Way and outside the Library at Freedom High School-1050 Neroly Road. Agendas are also posted on the City's Internet Website www.oakleyca.gov.

A complete packet of information containing staff reports and exhibits related to each item is available for public review prior to an Oakley City Council and/or City Council Acting as the Successor Agency to the Oakley Redevelopment Agency/Oakley Public Financing Authority meeting at Oakley City Hall, 3231 Main Street, Oakley, CA 94561. Any writings or documents provided to a majority of the Oakley City Council, Oakley City Council Acting as the Successor Agency to the Oakley Redevelopment Agency or Oakley Public Financing Authority regarding any item on this agenda will be made available for public inspection, during regular business hours, in the Main Lobby of Oakley City Hall.

Agendas may be picked up at Oakley City Hall for no charge. To request information regarding placement on the City's agenda e-mail distribution list, please contact us at (925) 625-7000.

We provide social media options to stay connected to City Hall through Facebook, X, Next Door and Instagram.

If you require special accommodation, please call the City Clerk's office at (925) 625-7000 before the meeting or contact City staff at the meeting.

Please keep cell phones/electronic devices turned off during the meeting. Please be 1 1. OPENING MATTERS

1.1 Call to Order and Roll Call

1.2 Pledge of Allegiance to the Flag (Liberty Walker, Gehringer Elementary School)

1.3 Introduction of Lieutenant Dallas Collier (Paul Beard, Chief of Police)

1.4 Recognizing Francesca Aujero for winning the Tri Delta Student Art Cover Contest

1.5 State of the Contra Costa Community College District Presentation (Chancellor, Mojdeh Mehdizadeh and Los Medanos College President, Dr.

Pamela Ralston)

2. PUBLIC COMMENTS

3. COUNCILMEMBER COMMENTS

4. CONSENT CALENDAR
advised that City Council meetings are video recorded and attendees may appear on video.

Information Regarding Public Comment
Members of the public may address the Council on items of interest that are within the City's jurisdiction. In compliance with State law, the council may not take action or have discussion on any item that is not specifically listed on the agenda. Public comment on items not listed on the agenda will be heard under the Public Comments section of the agenda. Public comments on items listed on the agenda will be heard as the Mayor calls the items. In compliance with State law, the Council may not take action on an item that is not specifically listed on the agenda. If you would like to speak on any agenda item, please fill out a public speaker card available in the lobby and submit it to the City Clerk seated in the Council Chamber prior to the agenda item being called. The Mayor will call you by name to the podium to hear your comment. PUBLIC COMMENTS ARE LIMITED TO THREE (3) MINUTES. Online public comments are accepted until 5 p.m. the day of the meeting and can be submitted at https://www.oakleyca.gov/publiccomment.

Oakley City Council/Oakley City Council Acting as the Successor Agency to the Oakley Redevelopment Agency/Oakley Public Financing Authority
At this time, the public is permitted to address the Oakley City Council/Oakley City Council Acting as the Successor Agency to the Oakley Redevelopment Agency/Oakley Public Financing Authority on non-agendized items.

Consent Calendar items are typically non-controversial in nature and are considered for approval by the Oakley City Council/ Oakley City Council Acting as the Successor Agency to the Oakley Redevelopment Agency/Oakley Public Financing Authority with one single action. Members of the audience, Staff or the Oakley City Council/ Oakley City Council Acting as the Successor Agency to the Oakley Redevelopment Agency/Oakley Public Financing Authority who would like an item removed from the Consent Calendar for purposes of public input may request the Mayor remove the item. The public may request to remove an item(s) to provide input by completing a public speaker card and 2 4.1 Approve Minutes from the Regular Meeting held January 27, 2026 (Kim Snodgrass, City Clerk)

4.2 Report out of Closed Session Memo from January 27, 2026 (Derek Cole, City Attorney)

4.3 City of Oakley Investment Report (2nd Quarter FY 2025/26) (Jeri Tejeda, Administrative Services Director)

4.4 City of Oakley as Successor Agency to the Oakley Redevelopment Agency Quarterly Investment Report (2nd Quarter FY 2025/26) (Jeri Tejeda, Administrative Services Director)

4.5 Adopt a Resolution Authorizing the City Manager to Execute Amended Lease Agreements for Single-Family Dwellings Located at 1821 Dutch Slough Road, 5890 Jersey Island Road and 5920 Jersey Island Road (Joshua McMurray, City Manager)

5. PUBLIC HEARINGS

6. REGULAR CALENDAR

6.1 Adopt a Resolution Approving the Fiscal Year 2025/2026 Mid-Year Budget Review and Adopting its Recommendations for Revising the Fiscal Year Operating and Capital Budgets (Jeri Tejeda, Administrative Services Director)
submitting it to the City Clerk prior to the item(s) being called by the Mayor.

MInutes
Memo
Staff Report

1. City of Oakley Investment Report for the quarter ended December 31, 2025 FY2025 City Investment Worksheet..pdf
Staff Report

1. City of Oakley as Successor Agency to the Redevelopment Agency Investment Report for the quarter ended December 31, 2025.

Staff Report

1. Aerial Photo

2. Draft Resolution
Ex A1. Proposed Lease Agreement-5890 Jersey Island Road Addendum (5890 Jersey Island Road)
Notice of Change in Terms of Tenancy Instructions (5890 Jersey Island Road) Ex A2. Proposed Lease Agreement - 1821 Dutch Slough
Addendum (1821 Dutch Slough)
Animal Terms and Conditions Addendum (1821 Dutch Slough) Notice of Change in Terms of Tenancy Instructions (1821 Dutch Slough)

EX A3. Proposed Lease Agreement - 5920 Jersey Island Road Addendum (5920 Jersey Island Road)
Animal Terms and Conditions Addendum (5920 Jersey Island Road) Notice of Change in Terms of Tenancy Instructions (5920 Jersey Island Road) Staff Report
3 6.2 Adopt a Resolution Approving the First Amendment to the Design-Build Agreement with Woodland Construction Builders, Inc for the Design and Construction of the New Oakley Library and Community Center and Authorizing the City Manager to Execute the Amendment (Joshua McMurray, City Manager)

7. REPORTS

7.1 City Manager
(a) City Manager
(b) Business License Update

7.2 Oakley City Council / Oakley City Council Acting as the Successor Agency to the Oakley Redevelopment Agency
(a) Reports from Council Liaisons to Regional Committees, Commissions and Boards AND Oakley City Council/Oakley City Council Acting as the Successor Agency to the Oakley Redevelopment Agency
(b) Requests for Future Agendas

8. WORK SESSIONS

8.1 Work Session to Discuss the Feasibility of Permitting Unhosted Stay ShortTerm Rentals in the Downtown Specific Plan and an Update on SB 346 (Short-Term Rental Facilitator Act of 2025) (Ken Strelo, Community Development Director)

9. CLOSED SESSION

1. Resolution-Mid Year

2. Mid-Year Budget Report

3. Resolution - Townsend

4. Townsend Contract
Staff Report

1. Draft Resolution to Approve the First Amendment to the Design-Build Agreement with Exhibit B

EX B -First Amendment to the Design Build Agreement

2. City Council Staff Report dated September 23, 2025

3. Oakley Library and Community Center Spatial Program

4. Oakley Library and Community Center Concept Site Plan and Elevations January New Business Licenses
Staff Report

1. Notice of Work Session

2. Short-Term Rentals Ordinance (OMC chapter 5.15) - with mark ups 4 10. ADJOURN
5 MINUTES OF THE REGULAR JOINT MEETING OF THE OAKLEY CITY

COUNCIL/OAKLEY CITY COUNCIL ACTING AS THE SUCCESSOR AGENCY TO THE

OAKLEY REDEVELOPMENT AGENCY AND SPECIAL MEETING OF THE OAKLEY PUBLIC FINANCING AUTHORITY HELD JANUARY 27, 2026

1. OPENING MATTERS

1.1 Call to Order and Roll Call
The meeting was called to order at 6:30pm.

Councilmember Fuller, Councilmember Shaw, Councilmember Williams, Vice Mayor Meadows, and Mayor Henderson were present.

1.2 Pledge of Allegiance to the Flag (Jonathan Nguyen, O'Hara Park Middle School)
Jonathan Nguyen led the Pledge of Allegiance to the Flag.

2. PUBLIC COMMENTS
Public comments were provided by River Orellana, Bud Chaddock, Doug Gamble and Michael Dupray.

Public comments were received by the following individuals and will be entered into the record: Juni, Daniel Trulove, Maleena Allen, Elijah Page, Zaire Jefferson, David Bonson, Brandon Herrera, David Virden, Alexandria Diaz, Kaylani Payne, Emiliano Martinez, Sofia Reyes-Shaffer, and several individuals who did not state their names.

3. COUNCILMEMBER COMMENTS
Comments were provided by Councilmembers Williams, Councilmember Shaw, and Councilmember Fuller

4. CONSENT CALENDAR

4.1 Approve Minutes from the Regular Meeting held January 13, 2026 (Kim Snodgrass, City Clerk)

4.2 Adopt a Resolution Updating the City of Oakley's Conflict of Interest Code Pursuant to the Political Reform Act (Kim Snodgrass, City Clerk) 6 4.3 Adopt a Resolution of the City Council of the City of Oakley to Request the Metropolitan Transportation Commission (MTC) for the Allocation of Fiscal Year (FY) 2026/27 Transportation Development Act (TDA) Article 3 Pedestrian/Bicycle Project Funding (Billilee Saengchalern, Public Works Director/City Engineer)
Councilmember Fuller pulled item 4.1 and 4.2
It was moved by Councilmember Williams and seconded by Councilmember Shaw to approve the remainder of the Consent Calendar. AYES: Fuller, Shaw, Williams, Meadows, Henderson NOES: None (5-0)
Item 4.1
Councilmember Fuller mentioned he will vote no.

It was moved by Vice Mayor Meadows and seconded by Councilmember Shaw to approve item 4.1. AYES: Shaw, Williams, Meadows, Henderson NOES: Fuller (4-1) Item 4.2
Councilmember Fuller mentioned he will vote no.

Councilmember Williams provided a question, City Manager Joshua McMurray responded.

It was moved by Vice Mayor Meadows and seconded by Councilmember Williams to approve item 4.2. AYES: Shaw, Williams, Meadows, Henderson NOES: Fuller (4-1)

5. PUBLIC HEARINGS

5.1 Waive the Second Reading and Adopt Ordinance No. 1-26 Adopting Editorial Corrections in relation to the 2025 California Building Codes which are adopted by Reference (Conrad Fromme, Chief Building Official) Chief Building Official Conrad Fromme presented the report.

City Attorney Derek Cole mentioned we are required by law to adopt these codes.

Mayor Henderson opened the Public Hearing.

There were no public comments, so he closed the Public Hearing.

It was moved by Vice Mayor Meadows and seconded by Councilmember Shaw to waive the second reading and adopt the ordinance. AYES: Fuller, Shaw, Williams, Meadows, Henderson NOES: None (5-0)
7 6. REGULAR CALENDAR

6.1 Ironhouse Sanitary District - Freestanding Electronic Reader Board (SP 2025- 03) (Evan Gorman, Associate Planner)
Associate Planner Evan Gorman presented the report.

Councilmember Fuller provided a comment.

It was moved by Councilmember Williams and seconded by Vice Mayor Meadows to adopt the resolution approving Ironhouse Sanitary District - Freestanding Electronic Reader Board. AYES: Fuller, Shaw, Williams, Meadows, Henderson NOES: None (5-0)

7. REPORTS

7.1 City Manager
(a) City Manager
(b) Annual Update
City Manager Joshua McMurray mentioned that the 2025 annual report is attached to the agenda and will be published on the City’s website and in the upcoming Recreation Guide. He reported that the Library and Community Center project is moving forward and dates for community engagement sessions will be announced via social media next week. He also mentioned City Engineer, Kevin Rohani’s last day will be February 6 and Billilee Saengchalern has been named his replacement.

Councilmember Fuller and Councilmember Williams provided comments.

Councilmember Shaw reported she attended a Cal Cities East Bay Board meeting call, a Crab Feed for County Supervisor Shanelle Scales-Preston, and had a next door meet and greet with residents. She participated in a meeting with the Mayor, City Manager and Tri-Delta Transit; attended a Policy Committee meeting; and represented Oakley at the Rock Church 9th Anniversary and building dedication.

Councilmember Williams reported she attended the Crab Feed for County Supervisor Shanelle Scales-Preston and a Policy Committee meeting.

Vice Mayor Meadows reported he attended an MCE Board of Directors meeting and a CCTA Board of Directors meeting.

Mayor Henderson reported he attended a Tri Delta Transit meeting and the League of California Cities Mayors and New Councilmembers Academy. 8 (b) Requests for Future Agendas
There were no requests for Future Agenda items.

8. WORK SESSION:

8.1 SB707 Discussion (Derek Cole, City Attorney)
City Attorney Derek Cole provided a presentation on SB 707.

Councilmembers Shaw, Williams, Fuller, and Vice Mayor Meadows asked questions, to which Mr. Cole responded.

There were no public comments.

Vice Mayor Meadows provided comments and expressed support for audio/visual meetings with cameras on, provided cameras can be turned off if necessary.

Councilmember Williams expressed support for audio/visual meetings with cameras on and noted she prefers the Zoom platform over Teams.

Councilmember Fuller expressed support for audio/visual meetings with cameras on.

Councilmember Shaw expressed support for audio/visual meetings but did not have a preference regarding cameras.

Mayor Henderson expressed support for audio/visual meetings with cameras on.

9. CLOSED SESSIONS

9.1 CONFERENCE WITH LEGAL COUNSEL—ANTICIPATED LITIGATION Significant exposure to litigation pursuant to paragraph (2) of subdivision (d) of Section 54956.9: (One potential case based on November 3, 2025, letter from legal counsel for the Bay Area News Group to the City Attorney) Councilmember Henderson announced the Closed Session item and mentioned the meeting will adjourn after the Closed Session.

10. ADJOURN
There being no further business, the meeting was adjourned at 9:30pm.

Respectfully submitted,
Kim Snodgrass
City Clerk
9 MEMORANDUM
City of Oakley | 3231 Main Street, Oakley, CA 94561 1
O (925) 625-7000 | F (925) 625-9859 | www.oakleyca.gov
Date: January 28, 2026
To: Mayor and City Councilmembers
From: Derek P. Cole, City Attorney
Subject: Closed Session Report-Out Memo
For Consideration at the City Council Meeting of February 10, 2026 Background and Analysis
The City Council considered the following closed session item during its Regular meeting held January 27, 2026:

CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION
Significant exposure to litigation pursuant to paragraph (2) of subdivision (d) of Section 54956.9: (One potential case based on November 3, 2025 letter from legal counsel for the Bay Area News Group to the City Attorney) On motion by Councilmember Williams, and second by Vice Mayor Meadows, the City Council directed: (1) the release of the City Manager’s 2024 and 2025 performance evaluations, notwithstanding the Public Records Act exemption for personnel records, with limited redactions for protection of third-party rights; (2) to waive the attorney-client privilege and work-product protections for the investigative report that is the subject of the public-records request, except as to witness statements, and with redactions of the names and any identifying information that would disclose the identities of witnesses; and (3) to authorize Mayor Henderson and Councilmember Shaw to coordinate with the City Attorney to verify the authorized redactions and omissions are made as directed before release to the requesting party.

The City Council approved the motion by four-to-one vote. Ayes were Mayor Henderson, Vice Mayor Meadows, and Councilmembers Williams and Shaw.

Councilmember Fuller voted No.

Fiscal Impact
None.
10 City of Oakley | 3231 Main Street, Oakley, CA 94561 2 O (925) 625-7000 | F (925) 625-9859 | www.CI.Oakley.CA.US Recommendation
Receive and file this report.

Attachments
None
11 STAFF REPORT
1 City of Oakley | 3231 Main Street, Oakley, CA 94561
O (925) 625-7000 | F (925) 625-9859 | www.oakleyca.gov
DATE: February 10, 2026
TO: Joshua McMurray, City Manager
FROM: Jeri Tejeda, Administrative Service Director
SUBJECT: City of Oakley Quarterly Investment Report (2nd Quarter FY 25/26) Background and Analysis
California law and the City’s Investment Policy require the City’s fiscal officer to submit a quarterly investment report to the City Council at the end of each quarter. The report should contain information on all securities held and include a statement denoting the ability of the local agency to meet its expenditure requirements for the next six months.

The City invests in the bond market and utilizes a third party, PFM, to manage these investments. The bond market represents debt owed by a company or government to investors, different from the investment in the stock market which represents ownership in a corporation. The California Government Code prohibits public agencies from investing in the stock market, except for funds specifically designated as pension or OPEB funds. In addition, public agencies are limited to fixed-income bonds and investment instruments, in which the City lends money to governments (U.S. Treasury, municipal issuers, federal agencies such as Fannie Mae and Freddie Mac) or to corporations rated “A” or better, in exchange for semiannual interest payments and the return of the bond’s par value at maturity.

The corporations and institutions in which the City currently holds investments can be found on pages 21 and 22 of the attached investment report. While volatility exists in the bond market, the volatility in the bond market is much less than what is experienced in the stock market.

Volatility in the City’s portfolio is mitigated in a number of ways, including purchasing only from issuers with high credit quality, purchasing securities with maturities of 5 years or less, and maintaining a portfolio that is diversified by sector and issuer.

Additionally, because bonds have a stated maturity date, when the investor is returned the par value of the investment, unlike investment in the equity market, volatility diminishes as a security gets closer to maturity.

Approved and
Forwarded to the
City Council
12 STAFF REPORT
CITY HALL | 3231 Main Street, Oakley, CA 94561 2
O (925) 625-7000 | F (925) 625-9859 | www.oakleyca.gov
Consistency with the Oakley Strategic Plan 27+
This agenda item is consistent with the Strategic Plan 27+ goal for the City of Oakley to leverage its financial resources for the long-term benefit of our residents and businesses while maintaining sufficient reserves to provide stability and ensure a successful future.

Fiscal Impact
City resources are organized and accounted for on a fund basis with some of those funds being restricted for specified uses and others that are unrestricted. For investment purposes, however, the funds are invested as a pool. The Investment Report for the Period Ending December 31, 2025, attached shows a combined pool balance of $106,546,024.46. In the second quarter, the pool accrued interest earnings totaling $608,174.05, a decrease from $609,667.94 at the close of the previous quarter.

Our investments continue to yield interest at the purchase cost rate, averaging 3.56% for the quarter ending December 31, 2025, as detailed in the PFM investment report.

Staff Recommendation
Staff recommends the City Council accept the investment report for the 2nd Quarter of Fiscal Year 2025-2026.

Attachments

1. City of Oakley Investment Report for the quarter ended December 31, 2025

2. FY 2026 City Investment Worksheet
13 Investment Performance Review
For the Quarter Ended December 31, 2025
Client Management Team PFM Asset Management A division of U.S. Bancorp Asset Management, Inc Allison Kaune, Relationship Manager
Rachael Miller, Client Consultant
213 Market Street
Harrisburg, PA 17101-2141
717-232-2723
1 California Street Ste. 1000
San Francisco, CA 94111-5411
415-393-7270
NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUE
For Institutional Investor or Investment Professional Use Only - This material is not for inspection by, distribution to, or quotation to the general public City of Oakley
14 PFM Asset Management | pfmam.com
Market Summary
2 15
For the Quarter Ended December 31, 2025
QUARTERLY MARKET SUMMARY Fixed Income Management
Summary
• The U.S. government shutdown halted the collection of key economic indicators, requiring the Federal Reserve (Fed) and the market to rely on survey-based anecdotal evidence and private data reports. • The labor market continued to soften and the unemployment rate edged higher. Core inflation moved lower but remained above the Fed’s 2% target.

Gaps in data collection due to the government shutdown likely distorted the official data, though other available private sector data pointed to a slowdown in economic momentum.
• The Fed delivered two additional 25 basis point (bps) rate cuts in the quarter, lowering the federal funds target range to 3.50% to 3.75%.

The median forecast from the Fed’s December “dot plot” showed an additional 25 bps rate cut in both 2026 and 2027, but the wide dispersion in underlying projections underscores growing differences of opinion.

Policymakers have acknowledged ongoing challenges to achieving their dual mandate of maximum employment and stable prices.

Economic Snapshot
• U.S. inflation decelerated modestly during the fourth quarter, though data collection issues and technical adjustments caused by the government shutdown may have biased the data lower. Headline CPI fell to 2.7% yearover-year and core CPI (ex food and energy) fell to 2.6% year-over-year. Fed Chair Powell noted inflation excluding tariffs is near 2%, suggesting the Fed is looking through these effects.
• Labor markets continued to cool as net new job creation neared zero and the unemployment rate reached 4.5% in November before falling to 4.4% in December. However, layoffs remained low, suggesting employers are maintaining their “no hire, no fire” approach.
• The first estimate of third quarter real gross domestic product (GDP) showed the economy grew at an annualized pace of 4.3%, the fastest in two years.

Growth was driven by strong consumer and business spending and steadier trade dynamics. While the data was from the third quarter, it showed the economy was on solid footing heading into the government shutdown.

Interest Rates
• The U.S. Treasury yield curve steepened further in Q4, led by a decline in shortterm yields. Maturities less than six months fell 30-50 basis points as a result of Fed policy.
• The 3-month U.S. Treasury ended the quarter at 3.63%, 31 bps lower. The 2-year Treasuries fell by 14 bps to 3.47%, and the 5-year fell by 2 bps to 3.73%.

The 10- and 30-year U.S. Treasury increased by 2 and 11bps to 4.17% and

4.84%, respectively. Bond volatility has continued to fall significantly from April highs and has now reached the lowest levels in four years. • Bond indexes generated positive total returns for the quarter. The ICE BofA 3-month, 2-year, 5-year, and 10-year U.S. Treasury indexes returned 0.97%,

1.09%, 0.93%, and 0.83% for the quarter, respectively.
• Calendar-year returns for longer-duration indices, except for the 30-year, outperformed shorter-duration indices in 2025. This marks the first time since 2020 that longer maturities have led annual performance. The ICE BofA 3-month, 2-year, 5-year and 10-year U.S. Treasury indexes returned +4.18%, +4.85%, +6.85% and +7.82%, respectively.

Sector Performance
• Excess returns were strong across investment-grade sectors as investor demand and strong fundamentals kept spreads near multi-year lows. • Federal agency and supranational issuance remained limited, keeping spreads narrow and excess returns muted.
• Investment-grade (IG) corporate bonds generated modest positive excess returns as spreads were relatively stable over the quarter. Lower-quality led performance, supported by strong investor demand. Positive carry remained the primary driver of returns.
• Spreads on asset-backed securities widened marginally, keeping excess returns modest. Auto loan collateral marginally outperformed credit card receivables.
• Agency-backed mortgage-backed securities (MBS) generated solid excess returns in Q4 as lower volatility continues to serve as a tailwind to the sector.

Longer-duration collateral (30-year) outperformed shorter-duration (15- year) mortgages. Agency-backed commercial MBS (CMBS) also generated positive excess returns for the quarter but continued to lag residential MBS. • Short-term credit (commercial paper and negotiable bank CDs) yield spreads remained attractive over the quarter. Month-end funding pressures pushed repo rates above the upper bound of the federal funds rate, which created opportunities in overnight repo and floating rate securities.

PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc. | For Institutional Investor or Investment Professional Use Only This material is not for inspection by, distribution to, or quotation to the general public. 3 16
For the Quarter Ended December 31, 2025
QUARTERLY MARKET SUMMARY Fixed Income Management
Economic Snapshot
Labor Market Sep-25 Dec-24
Unemployment Rate Dec-25 4.4% 4.4% 4.1%
Change In Non-Farm Payrolls Dec-25 50,000 108,000 323,000 Average Hourly Earnings (YoY) Dec-25 3.8% 3.7% 4.0%
Personal Income (YoY) Sep-25 4.8% 4.8% 5.3%
Initial Jobless Claims (week) 1/3/26 208,000 224,000 209,000 Growth
Real GDP (QoQ SAAR) 2025Q3 4.3% 3.8% 3.3%
GDP Personal Consumption (QoQ SAAR) 2025Q3 3.5% 2.5% 4.0% Retail Sales (YoY) Oct-25 3.5% 4.2% 4.6%
ISM Manufacturing Survey (month) Dec-25 47.9 49.1 49.2
Existing Home Sales SAAR (month) Nov-25 4.13 mil. 4.05 mil. 4.29 mil.

Inflation / Prices
Personal Consumption Expenditures (YoY) Sep-25 2.8% 2.8% 2.7% Consumer Price Index (YoY) Nov-25 2.7% 3.0% 2.9%
Consumer Price Index Core (YoY) Nov-25 2.6% 3.0% 3.2%
Crude Oil Futures (WTI, per barrel) Dec-31 $57.42 $62.37 $71.72 Gold Futures (oz.) Dec-31 $4,341 $3,841 $2,641
Latest
-300K
-200K
-100K
0 100K
200K
300K
400K
500K

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%
Dec-22 Jun-23 Dec-23 Jun-24 Dec-24 Jun-25
Unemployment Rate (left) vs. Change in Non-farm Payrolls (right) Change In Non-Farm Payrolls Unemployment Rate
-1%
0%
1%
2%
3%
4%
5%
Sep-22 Mar-23 Sep-23 Mar-24 Sep-24 Mar-25 Sep-25
Real GDP (QoQ)
0%
1%
2%
3%
4%
5%
6%
7%
Dec-22 Jun-23 Dec-23 Jun-24 Dec-24 Jun-25
Consumer Price Index
CPI (YoY) Core CPI (YoY)
2 2
1 1

1. Data as of Second Quarter 2025.

2. Data as of Third Quarter 2024.

Note: YoY = year-over-year, QoQ = quarter-over-quarter, SAAR = seasonally adjusted annual rate, WTI = West Texas Intermediate crude oil.

Source: Bloomberg Finance L.P.

Interest Rate Overview
U.S. Treasury Note Yields U.S. Treasury Yield Curve
U.S. Treasury Yields Yield Curves as of December 31, 2025 0%
1%
2%
3%
4%
5%
6%
3-mo1-yr2-yr3-yr5-yr7-yr10-yr20-yr30-yr
Yield
Maturity
December 31, 2025 September 30, 2025 December 31, 2024
0%
1%
2%
3%
4%
5%
6%
3-mo1-yr2-yr3-yr5-yr07-yr10-yr25-yr30-yr
Yield
Maturity
U.S. Treasury Federal Agency Corporates, A Rated

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
12/31/24 3/31/25 6/30/25 9/30/25 12/31/25
Yield
2-Year 5-Year 10-Year
Maturity Dec-25 Sep-25 Change over
Quarter Dec '24 Change over Year
3-Month 3.63% 3.94% (0.31%) 4.32% (0.69%)
1-Year 3.48% 3.62% (0.14%) 4.15% (0.67%)
2-Year 3.47% 3.61% (0.14%) 4.24% (0.77%)
5-Year 3.73% 3.74% (0.01%) 4.38% (0.65%)
10-Year 4.17% 4.15% 0.02% 4.57% (0.40%)
30-Year 4.84% 4.73% 0.11% 4.78% 0.06%
PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc. | For Institutional Investor or Investment Professional Use Only This material is not for inspection by, distribution to, or quotation to the general public. 5 18
For the Quarter Ended December 31, 2025
QUARTERLY MARKET SUMMARY Fixed Income Management
December 31, 2025 Duration Yield 3 Month 1 Year 3 Years 1-3 Year Indices
U.S. Treasury 1.83 3.51% 1.12% 5.09% 4.47%
Federal Agency 1.54 3.54% 1.07% 4.89% 4.63%
U.S. Corporates, A-AAA rated 1.76 4.00% 1.19% 5.77% 5.41% Agency MBS (0 to 3 years) 1.69 4.65% 1.31% 5.68% 4.94%
Taxable Municipals 1.53 3.78% 1.07% 5.72% 5.12%
1-5 Year Indices
U.S. Treasury 2.53 3.56% 1.12% 5.74% 4.48%
Federal Agency 2.24 3.62% 1.08% 5.37% 4.67%
U.S. Corporates, A-AAA rated 2.58 4.11% 1.19% 6.61% 5.76% Agency MBS (0 to 5 years) 2.44 4.59% 1.46% 7.28% 5.32%
Taxable Municipals 2.45 3.90% 1.08% 6.22% 5.19%
Master Indices (Maturities 1 Year or Greater)
U.S. Treasury 6.09 3.94% 0.74% 6.19% 3.49%
Federal Agency 3.37 3.78% 1.08% 6.08% 4.71%
U.S. Corporates, A-AAA rated 6.69 4.68% 0.75% 7.53% 5.64% Agency MBS (0 to 30 years) 5.43 4.72% 1.58% 8.33% 4.84% Taxable Municipals 8.75 5.06% 0.81% 7.60% 5.34%
Source: ICE BofA Indices.

As of 12/31/2025 Returns for Periods ended 12/31/2025
Returns for periods greater than one year are annualized.

ICE BofA Index Returns
6 19
For the Quarter Ended December 31, 2025
QUARTERLY MARKET SUMMARY Fixed Income Management
Disclosures
Indices shown are not available for investment. The index data reference herein is the property of the index provider and/or its licensors. The index provider assumes no liability in connections with its use and does not sponsor, endorse or recommend the products or services contained herein. Index returns do not reflect payment of any sales charges or fees an investor would pay to purchase the securities they represent. The imposition of these fees and charges would cause investment performance to be lower than the performance shown.

The views expressed within this material constitute the perspective and judgment of U.S. Bancorp Asset Management, Inc. at the time of distribution and are subject to change. Any forecast, projection, or prediction of the market, the economy, economic trends, and equity or fixed-income markets are based upon current opinion as of the date of issue and are also subject to change. Opinions and data presented are not necessarily indicative of future events or expected performance. Information contained herein is based on data obtained from recognized statistical services, issuer reports or communications, or other sources, believed to be reliable. No representation is made as to its accuracy or completeness.

PFM Asset Management serves clients in the public sector and is a division of U.S. Bancorp Asset Management, Inc., which is the legal entity providing investment advisory services. U.S. Bancorp Asset Management, Inc. is a registered investment adviser, a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bank N.A. is not responsible for and does not guarantee the products, services, or performance of U.S. Bancorp Asset Management, Inc.

NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUE
Further distribution is not permitted without prior written consent.

CITY OF OAKLEY
PFM Asset Management | pfmam.com
8 21
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Compliance
Note: Pre- and post-trade compliance for the account(s) managed by PFM Asset Management is provided via Bloomberg Financial LP Asset and Investment Management ("AIM").

Certificate of Compliance
During the reporting period for the quarter ended December 31, 2025, the account(s) managed by PFM Asset Management("PFMAM") were in compliance with the applicable investment policy and guidelines as furnished to PFMAM.

Acknowledged : PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. 9 22
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Account Summary
Account Summary

1. Yield at market, yield on cost, and portfolio duration only include investments held within the separately managed account(s), excludes balances invested in overnight funds.

The current 7-day yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by 365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.

2. City of Oakley - City of Oakley - 6111-01
Portfolio Values December 31, 2025CAMP Managed Account $31,868,334 CAMP Pool $707,738
Amortized Cost $31,629,672
Market Value $31,868,334
Accrued Interest $258,264
Cash $0
Analytics¹ December 31, 2025Yield at Market 3.66%
Yield on Cost 3.56%Portfolio Duration 2.12
CAMP Pool7-Day Yield 3.90%
10 23
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Account Summary
Account Summary
CAMP Managed Account $32,126,598CAMP Pool $707,738Total Program $32,834,336 Consolidated Summary
Sector Allocation

2.2% 4.5% 5.6% 2.8%

8.4%

22.8%

16.4%

27.6%

9.7%

0.0% 0.0% 0.0%
$0$2$4$6
$8
$10$12
Millions
Under
30 days
31 to 60
days
61 to 90
days
91 to
180 days
181 days
to 1 year
1 to 2 years
2 to 3 years
3 to 4 years
4 to 5 years
5 to 7 years
7 to 10
years
Over 10
years
Maturity Distribution
(Weighted Average Maturity: 824 Days)

1. Account summary and sector allocation include market values, accrued interest, and overnight balances. Maturity distribution includes market values and excludes accrued interest and overnight balances U.S. Treasury | 91%Corporate | 7%Joint Powers Authority | 2% 11 24
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Snapshot
Total market value includes accrued interest and balances invested in CAMP, as of December 31, 2025.

Yield and duration calculations exclude balances invested in CAMP.The portfolio’s benchmark is currently the 0-5 year U.S. Treasury Index. Prior to 03/31/24 it was the 1-5 year U.S. Treasury . Source: Bloomberg Financial LP.

An average of each security’s credit rating was assigned a numeric value and adjusted for its relative weighting in the portfolio.

1. Portfolio Snapshot - CITY OF OAKLEY¹
Credit Quality - S&P
22%
26% 28%
15%
8%
26% 27%
22%
16%
9%
0%5%
10%15%20%25%30%
0-1 Yr 1-2 Yrs 2-3 Yrs 3-4 Yrs 4-5 Yrs
Portfolio Benchmark
Duration Distribution
U.S. Treasury | 91%Corporate | 7%Joint Powers Authority | 2% Sector Allocation
AAAm | 2%AA+ | 92%AA- | 1%A+ | 2%A | 2%A- | 1%
Portfolio Statistics
Portfolio Effective Duration 2.12 years
Benchmark Effective Duration 2.02 yearsPortfolio Credit Quality AA Yield At Market 3.66%
Yield At Cost 3.56%
Total Market Value $32,834,335.94
Managed Account Sub-Total $31,868,334.05Pool $707,738.25 Accrued Interest $258,263.64
12 25
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Summary
Ratings shown are calculated by assigning a numeral value to each security rating, then calculating a weighted average rating for each security type / issuer category using all available security ratings,excluding Not-Rated (NR) ratings. For security type / issuer categories where a rating from the applicable NRSRO is not available, a rating of NR is assigned. Includes accrued interest and excludes balancesinvested in overnight funds.

Issuer Diversification
Security Type / Issuer Market Value (%) S&P / Moody's / FitchU.S. Treasury 93.0% United States Treasury 93.0% AA / Aa / AA
Corporate 7.0%
Alphabet Inc 0.9% AA / Aa / NR
Bank of America Corp 0.7% A / A / AAJPMorgan Chase & Co 1.5% A / A / AAMastercard Inc 0.7% A / Aa / NRNovartis AG 1.5% AA / Aa / NRTarget Corp 0.7% A / A / ATexas Instruments Inc 0.9% A / Aa / NR Total 100.0%
13 26
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Characteristics
$0.0$6.6
$13.2$19.8$26.4$33.0
Millions
December 2025
$0.0$6.6
$13.2$19.8$26.4$33.0
Millions
September 2025
$0.0$6.6
$13.2$19.8$26.4$33.0
Millions
June 2025
$0.0$6.6
$13.2$19.8$26.4$33.0
Millions
March 2025
Sector Allocation Review
U.S. Treasury Corporate Joint Powers Authority
Market values, excluding accrued interest. Only includes fixed-income securities held within the separately managed account(s) and LGIPs managed by PFMAM. Detail may not add to total due to rounding.

Security Type Mar-25 % of Total Jun-25 % of Total Sep-25 % of Total Dec-25 % of Total U.S. Treasury $28.5 90.5% $27.7 86.8% $29.0 90.0% $29.6 91.0%Corporate $2.9 9.2% $1.9 6.1% $2.0 6.1% $2.2 6.8%Joint Powers Authority $0.1 0.3% $2.3 7.1% $1.3 3.9% $0.7 2.2%Total $31.5 100.0% $31.9 100.0% $32.3 100.0% $32.6 100.0% 14 27
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Activity
Portfolio Activity
Net Activity by Sector
($ millions)
Corporate
U.S. Treasury
Corporate
U.S. Treasury
($0.6) ($0.4) ($0.2) $0.0 $0.2 $0.4 $0.6 $0.8 $1.0
Based on total proceeds (principal and accrued interest) of buys, sells, maturities, and principal paydowns. Detail may not add to total due to rounding.

Sector Net ActivityU.S. Treasury $500,995Corporate $259,350Total Net Activity $760,345 Sales/Maturities Purchases
15 28
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Performance

1. The lesser of 10 years or since inception is shown. Since inception returns for periods one year or less are not shown. Performance inception date is December 31, 2021.

2. Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.3. Returns for periods one year or less are presented on a periodic basis. Returns for periods greater than one year are presented on an annualized basis.4. The portfolio’s benchmark is currently the 0-5 year U.S. Treasury Index. Prior to 03/31/24 it was the 1-5 year U.S. Treasury. Source: Bloomberg Financial LP.

0.0%2.0%4.0%6.0%
Return
Portfolio Benchmark
Portfolio Performance
Market Value Basis Earnings 3 Months 1 Year 3 Years 5 Years Since Inception¹ Interest Earned² $256,784 $913,604 $1,942,018 - $2,192,335 Change in Market Value $103,451 $860,020 $2,398,616 - $881,785 Total Dollar Return $360,235 $1,773,624 $4,340,634 - $3,074,120 Total Return³
Portfolio 1.11% 5.71% 4.83% - 2.29%Benchmark⁴ 1.10% 5.44% 4.43% - 1.92% 3 Months 1 Year 3 Years 5 Years Since Inception
16 29
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Performance

1. The lesser of 10 years or since inception is shown. Performance inception date is December 31, 2021.2. Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.3. Realized gains / (losses) are shown on an amortized cost basis.

Accrual Basis Earnings
Accrual Basis EarningsInterest Earned²Realized Gains / (Losses)³Change in Amortized CostTotal Earnings 3 Months
$256,784
$11,505
$31,290
$299,579
1 Year
$913,604
$11,505
$138,774
$1,063,882
3 Years
$1,942,018
$7,139
$433,188
$2,382,344
5 Year---- Since Inception¹ $2,192,335 ($14,809) $507,827 $2,685,353 17 30
Portfolio Holdings and Transactions
PFM Asset Management | pfmam.com
18 31
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Composition
Issuer Distribution
As of December 31, 2025
Issuer Market Value ($) % of Portfolio
UNITED STATES TREASURY 29,647,216 91.01 %CAMP POOL 707,738 2.17 %JPMORGAN CHASE & CO 485,101 1.49 %NOVARTIS AG 484,483 1.49 % ALPHABET INC 296,871 0.91 %
TEXAS INSTRUMENTS INC 282,055 0.87 %MASTERCARD INC 228,747 0.70 %BANK OF AMERICA CORP 222,907 0.68 %TARGET CORP 220,954 0.68 % Grand Total 32,576,072 100.00 %
19 32
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Holdings
Managed Account Detail of Securities Held
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY N/BDTD 02/01/2021 0.375% 01/31/2026
91282CBH3 1,490,000.00 AA+ Aa1 5/2/2022 5/3/2022 1,352,349.61 3.00 2,338.25 1,486,983.56 1,486,128.98 US TREASURY N/BDTD 03/31/2021 0.750% 03/31/2026
91282CBT7 1,835,000.00 AA+ Aa1 10/13/2021 10/14/2021 1,816,721.68 0.98 3,516.24 1,834,001.37 1,822,918.36 US TREASURY N/BDTD 06/01/2021 0.750% 05/31/2026
91282CCF6 930,000.00 AA+ Aa1 6/6/2022 6/7/2022 850,732.03 3.04 613.19 921,822.42 919,296.63 US TREASURY N/BDTD 09/30/2021 0.875% 09/30/2026
91282CCZ2 2,510,000.00 AA+ Aa1 10/13/2021 10/14/2021 2,487,939.45 1.06 5,611.30 2,506,688.48 2,460,472.68 US TREASURY N/BDTD 02/15/2024 4.125% 02/15/2027
91282CKA8 1,875,000.00 AA+ Aa1 3/28/2025 3/31/2025 1,880,786.13 3.95 29,214.08 1,878,507.80 1,887,305.63 US TREASURY N/BDTD 04/30/2020 0.500% 04/30/2027
912828ZN3 835,000.00 AA+ Aa1 8/3/2022 8/4/2022 744,813.48 2.96 715.06 809,768.63 802,871.71 US TREASURY N/BDTD 08/15/2024 3.750% 08/15/2027
91282CLG4 775,000.00 AA+ Aa1 2/12/2025 2/18/2025 763,526.37 4.38 10,977.41 767,394.09 778,209.28 US TREASURY N/BDTD 08/15/2017 2.250% 08/15/2027
9128282R0 875,000.00 AA+ Aa1 9/6/2022 9/7/2022 826,567.38 3.48 7,436.31 859,124.42 857,978.63 US TREASURY N/BDTD 09/30/2025 3.500% 09/30/2027
91282CPB1 2,360,000.00 AA+ Aa1 9/29/2025 9/30/2025 2,354,007.81 3.63 21,103.85 2,354,755.51 2,360,460.20 US TREASURY N/BDTD 01/31/2023 3.500% 01/31/2028
91282CGH8 1,000,000.00 AA+ Aa1 3/1/2024 3/5/2024 969,921.88 4.34 14,646.74 983,980.82 1,000,195.00 US TREASURY N/BDTD 05/01/2023 3.500% 04/30/2028
91282CHA2 1,000,000.00 AA+ Aa1 2/22/2024 2/26/2024 966,484.38 4.39 5,994.48 981,319.16 999,844.00 US TREASURY N/BDTD 07/31/2023 4.125% 07/31/2028
91282CHQ7 1,000,000.00 AA+ Aa1 2/15/2024 2/16/2024 995,039.06 4.25 17,262.23 997,127.72 1,014,922.00 US TREASURY N/BDTD 10/31/2023 4.875% 10/31/2028
91282CJF9 1,000,000.00 AA+ Aa1 2/22/2024 2/26/2024 1,021,953.13 4.35 8,349.45 1,013,803.14 1,035,430.00 US TREASURY N/BDTD 11/16/1998 5.250% 11/15/2028
912810FF0 1,000,000.00 AA+ Aa1 4/2/2024 4/3/2024 1,036,093.75 4.38 6,816.30 1,022,443.59 1,046,406.00 US TREASURY N/BDTD 01/02/2024 3.750% 12/31/2028
91282CJR3 1,000,000.00 AA+ Aa1 4/2/2024 4/3/2024 972,304.69 4.40 103.59 981,831.63 1,005,664.00 20 33
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Holdings
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY N/BDTD 01/31/2024 4.000% 01/31/2029
91282CJW2 1,000,000.00 AA+ Aa1 2/15/2024 2/16/2024 990,585.94 4.21 16,739.13 993,922.90 1,012,734.00 US TREASURY N/BDTD 02/29/2024 4.250% 02/28/2029
91282CKD2 1,000,000.00 AA+ Aa1 3/1/2024 3/5/2024 999,492.19 4.26 14,440.61 999,666.36 1,020,234.00 US TREASURY N/BDTD 04/01/2024 4.125% 03/31/2029
91282CKG5 1,000,000.00 AA+ Aa1 4/2/2024 4/3/2024 988,632.81 4.38 10,539.15 992,338.19 1,016,563.00 US TREASURY N/BDTD 04/30/2024 4.625% 04/30/2029
91282CKP5 450,000.00 AA+ Aa1 5/9/2024 5/13/2024 453,058.59 4.47 3,564.57 452,123.47 464,537.25 US TREASURY N/BDTD 07/31/2024 4.000% 07/31/2029
91282CLC3 745,000.00 AA+ Aa1 8/1/2024 8/2/2024 749,627.15 3.86 12,470.65 748,407.69 754,632.85 US TREASURY N/BDTD 09/03/2024 3.625% 08/31/2029
91282CLK5 750,000.00 AA+ Aa1 9/5/2024 9/6/2024 752,314.45 3.56 9,237.74 751,740.58 749,883.00 US TREASURY N/BDTD 10/31/2024 4.125% 10/31/2029
91282CLR0 2,915,000.00 AA+ Aa1 11/14/2024 11/15/2024 2,893,023.63 4.30 20,594.23 2,897,639.58 2,964,872.74 US TREASURY N/BDTD 09/02/2025 3.625% 08/31/2030
91282CNX5 1,200,000.00 AA+ Aa1 9/2/2025 9/3/2025 1,193,625.00 3.74 14,780.39 1,194,017.35 1,195,734.00 US TREASURY N/BDTD 12/01/2025 3.500% 11/30/2030
91282CPN5 1,000,000.00 AA+ Aa1 12/3/2025 12/5/2025 994,296.88 3.63 3,076.92 994,377.75 989,922.00 Security Type Sub-Total 29,545,000.00 29,053,897.47 3.53 240,141.87 29,423,786.21 29,647,215.94 Joint Powers Authority
CAMP Pool 707,738.25 AAAm NR 707,738.25 0.00 707,738.25 707,738.25 Security Type Sub-Total 707,738.25 707,738.25 0.00 707,738.25 707,738.25 Corporate

ALPHABET INC (CALLABLE)
DTD 08/09/2016 1.998% 08/15/2026
02079KAC1 300,000.00 AA+ Aa2 3/14/2022 3/16/2022 294,777.00 2.42 2,264.40 299,263.72 296,870.70 TARGET CORP (CALLABLE)DTD 01/24/2022 1.950% 01/15/2027
87612EBM7 200,000.00 A A2 3/14/2022 3/16/2022 194,764.00 2.53 1,798.33 198,873.91 196,403.60 TARGET CORP (CALLABLE)DTD 01/24/2022 1.950% 01/15/2027
87612EBM7 25,000.00 A A2 1/19/2022 1/24/2022 24,957.50 1.99 224.79 24,991.13 24,550.45 21 34
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Holdings
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Corporate
BANK OF AMERICA CORP(CALLABLE)DTD 10/21/2016 3.248% 10/21/2027 06051GGA1 225,000.00 A- A1 1/3/2023 1/5/2023 210,411.00 4.78 1,421.00 219,505.88 222,907.28 TEXAS INSTRUMENTS INC(CALLABLE)DTD 11/03/2017 2.900% 11/03/2027 882508BC7 285,000.00 A+ Aa3 1/3/2023 1/5/2023 267,880.05 4.29 1,331.58 278,479.05 282,055.38 MASTERCARD INC (CALLABLE)DTD 02/27/2025 4.550% 03/15/2028 57636QBF0 225,000.00 A+ Aa3 3/3/2025 3/4/2025 226,869.75 4.25 3,014.38 226,369.35 228,747.15 JPMORGAN CHASE & CO(CALLABLE)DTD 04/22/2024 5.581% 04/22/2030 46647PEG7 465,000.00 A A1 4/22/2025 4/23/2025 475,741.50 5.05 4,974.07 474,033.03 485,100.56 NOVARTIS CAPITAL CORP(CALLABLE)DTD 11/05/2025 4.100% 11/05/2030 66989HAY4 485,000.00 AA- Aa3 11/4/2025 11/5/2025 484,350.10 4.13 3,093.22 484,369.29 484,482.99 Security Type Sub-Total 2,210,000.00 2,179,750.90 4.03 18,121.77 2,205,885.36 2,221,118.11 Managed Account Sub Total 31,755,000.00 31,233,648.37 258,263.64 31,868,334.05Securities Sub TotalAccrued Interest $32,462,738.25 $31,941,386.62 $258,263.64 $32,576,072.30 $258,263.64
31,629,671.57
$32,337,409.82

3.56 3.56%
Total Investments $32,834,335.94
22 35
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
BUY11/4/2025 11/5/2025 485,000.00 66989HAY4 NOVARTIS CAPITAL CORP (CALLABLE) 4.10% 11/5/2030 484,350.10 4.13%12/3/2025 12/5/2025 1,000,000.00 91282CPN5 US TREASURY N/B 3.50% 11/30/2030 994,777.65 3.63% Total BUY 1,485,000.00 1,479,127.75 0.00
INTEREST10/21/2025 10/21/2025 06051GGA1 BANK OF AMERICA CORP (CALLABLE) 3.24% 10/21/2027 3,654.0010/22/2025 10/22/2025 46647PEG7 JPMORGAN CHASE & CO (CALLABLE) 5.58% 4/22/2030 12,975.8310/31/2025 10/31/2025 91282CHA2 US TREASURY N/B 3.50% 4/30/2028 17,500.0010/31/2025 10/31/2025 91282CKP5 US TREASURY N/B 4.62% 4/30/2029 10,406.2510/31/2025 10/31/2025 91282CLR0 US TREASURY N/B 4.12% 10/31/2029 70,125.0010/31/2025 10/31/2025 91282CJF9 US TREASURY N/B 4.87% 10/31/2028 24,375.0010/31/2025 10/31/2025 912828ZN3 US TREASURY N/B 0.50% 4/30/2027 2,087.5011/3/2025 11/3/2025 882508BC7 TEXAS INSTRUMENTS INC (CALLABLE) 2.90% 11/3/2027 4,132.5011/13/2025 11/13/2025 110122DN5 BRISTOL-MYERS SQUIBB CO (CALLABLE) 0.75% 11/13/2025 843.7511/15/2025 11/15/2025 912810FF0 US TREASURY N/B 5.25% 11/15/2028 26,250.0011/30/2025 11/30/2025 91282CCF6 US TREASURY N/B 0.75% 5/31/2026 3,487.5012/31/2025 12/31/2025 91282CJR3 US TREASURY N/B 3.75% 12/31/2028 18,750.00 Total INTEREST 0.00 194,587.33 0.00
23 36
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
MATURITY11/13/2025 11/13/2025 225,000.00 110122DN5 BRISTOL-MYERS SQUIBB CO (CALLABLE) 0.75% 11/13/2025 225,000.00 Total MATURITY 225,000.00 225,000.00 0.00
SELL11/4/2025 11/5/2025 485,000.00 91282CLR0 US TREASURY N/B 4.12% 10/31/2029 493,782.78 11,504.68 Total SELL 485,000.00 493,782.78 11,504.68
24 37
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Appendix
Important Disclosures
This material is for general information purposes only and is not intended to provide specific advice or a specific recommendation, as it was prepared without regard to any specific objectives or financial circumstances.PFMAM professionals have exercised reasonable professional care in the preparation of this performance report. Information in this report is obtained from sourcesexternal to PFMAM and is generally believed to be reliable and available to the public; however, we cannot guarantee its accuracy, completeness or suitability. We rely on the client's custodian for security holdings and market values. Transaction dates reported by the custodian may differ from money manager statements.While efforts are made to ensure the data contained herein is accurate and complete, we disclaim all responsibility for any errors that may occur. References toparticular issuers are for illustrative purposes only and are not intended to be recommendations or advice regarding such issuers. Fixed income manager and indexcharacteristics are gathered from external sources. When average credit quality is not available, it is estimated by taking the market value weights of individual credit tiers on the portion of the strategy rated by a NRSRO.It is not possible to invest directly in an index. The index returns shown throughout this material do not represent the results of actual trading of investor assets.

Third-party providers maintain the indices shown and calculate the index levels and performance shown or discussed. Index returns do not reflect payment of anysales charges or fees an investor would pay to purchase the securities they represent. The imposition of these fees and charges would cause investmentperformance to be lower than the performance shown.The views expressed within this material constitute the perspective and judgment of PFMAM at the time of distribution and are subject to change. Any forecast,projection, or prediction of the market, the economy, economic trends, and equity or fixed-income markets are based upon certain assumptions and current opinionas of the date of issue and are also subject to change. Some, but not all assumptions are noted in the report. Assumptions may or may not be proven correct asactual events occur, and results may depend on events outside of your or our control. Changes in assumptions may have a material effect on results. Opinions anddata presented are not necessarily indicative of future events or expected performance.PFM Asset Management serves clients in the public sector and is a division of U.S. Bancorp Asset Management, Inc., which is the legal entity providing investmentadvisory services. U.S. Bancorp Asset Management, Inc. is a registered investment adviser, a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S.

Bancorp. U.S. Bank N.A. is not responsible for and does not guarantee the products, services, or performance of U.S. Bancorp Asset Management, Inc. Theinformation contained is not an offer to purchase or sell any securities. Additional applicable regulatory information is available upon request.For more information regarding PFMAM's services or entities, please visit www.pfmam.com.Further distribution is not permitted without prior written consent. 25 38
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Appendix
Important Disclosures
This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer tobuy or sell any fund or other security. Investors should consider the Trust’s investment objectives, risks, charges and expenses before investing in the Trust. Thisand other information about the Trust is available in the Trust’s current Information Statement, which should be read carefully before investing. A copy of the Trust’sInformation Statement may be obtained by calling 1-800-729-7665 or is available on the Trust’s website at www.camponline.com. While the Cash Reserve Portfolioseeks to maintain a stable net asset value of $1.00 per share and the CAMP Term Portfolio seeks to achieve a net asset value of $1.00 per share at the statedmaturity, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation orany other government agency. Shares of the Trust are distributed by U.S. Bancorp Investments, Inc., member FINRA (www.finra.org) and SIPC (www.sipc.org). PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc., which serves as administrator and investment adviser to the Trust. U.S. Bancorp Asset Management, Inc. is a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bancorp Investments, Inc. is a subsidiary of U.S. Bancorpand affiliate of U.S. Bank N.A.Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by ICE Data Services. There may bedifferences in the values shown for investments due to accrued but uncollected income and the use of differing valuation sources and methods. Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local governmentinvestment program is contained in the appropriate fund offering documentation or information statement.

In accordance with generally accepted accounting principles, information is presented on a trade date basis; forward settling purchases are included in the monthly balances, and forward settling sales are excluded.

Performance is presented in accordance with the CFA Institute's Global Investment Performance Standards (GIPS). Unless otherwise noted, performance is shown gross of fees. Quarterly returns are presented on an unannualized basis. Returns for periods greater than one year are presented on an annualized basis. Past performance is not indicative of future returns.

ICE Bank of America Indices provided by Bloomberg Financial Markets.Money market fund/cash balances are included in performance and duration computations.Standard & Poor's is the source of the credit ratings. Distribution of credit rating is exclusive of money market fund/LGIP holdings.Callable securities in the portfolio are included in the maturity distribution analysis to their stated maturity date, although, they may be called prior to maturity.MBS maturities are represented by expected average life. 26 39
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Appendix
Glossary
Accrued Interest: Interest that is due on a bond or other fixed income security since the last interest payment was made.Agencies: Federal agency securities and/or Government-sponsored enterprises.Amortized Cost: The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short-term securities (those with less than one year to maturity at time of issuance) is amortized on a straight line basis. Such discount or premium with respect to longer-term securities is amortized using the constant yield basis.

Asset-Backed Security: A financial instrument collateralized by an underlying pool of assets – usually ones that generate a cash flow from debt, such as loans, leases, credit card balances, and receivables.

Bankers’ Acceptance: A draft or bill or exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill as well as the insurer.Commercial Paper: An unsecured obligation issued by a corporation or bank to finance its short-term credit needs, such as accounts receivable and inventory.Contribution to Total Return: The weight of each individual security multiplied by its return, then summed for each sector to determine how much each sector addedor subtracted from the overall portfolio performance.Effective Duration: A measure of the sensitivity of a security’s price to a change in interest rates, stated in years.Effective Yield: The total yield an investor receives in relation to the nominal yield or coupon of a bond. Effective yield takes into account the power of compoundingon investment returns, while nominal yield does not.FDIC: Federal Deposit Insurance Corporation. A federal agency that insures bank deposits to a specified amount.Interest Rate: Interest per year divided by principal amount and expressed as a percentage.Market Value: The value that would be received or paid for an investment in an orderly transaction between market participants at the measurement date.Maturity: The date upon which the principal or stated value of an investment becomes due and payable.Negotiable Certificates of Deposit: A CD with a very large denomination, usually $1 million or more, that can be traded in secondary markets.Par Value: The nominal dollar face amount of a security.Pass-through Security: A security representing pooled debt obligations that passes income from debtors to its shareholders. The most common type is themortgage-backed security. 27 40
PFM Asset Management | pfmam.com
City of Oakley
For the Quarter Ended December 31, 2025
Appendix
Glossary
Repurchase Agreements: A holder of securities sells these securities to an investor with an agreement to repurchase them at a fixed price on a fixed date.Settle Date: The date on which the transaction is settled and monies/securities are exchanged. If the settle date of the transaction (i.e., coupon payments andmaturity proceeds) occurs on a non-business day, the funds are exchanged on the next business day.Supranational: A multinational union or association in which member countries cede authority and sovereignty on at least some internal matters to the group, whosedecisions are binding on its members.Trade Date: The date on which the transaction occurred; however, the final consummation of the security transaction and payment has not yet taken place.Unsettled Trade: A trade which has been executed; however, the final consummation of the security transaction and payment has not yet taken place.U.S. Treasury: The department of the U.S. government that issues Treasury securities.Yield: The rate of return based on the current market value, the annual interest receipts, maturity value, and the time period remaining until maturity, stated as a percentage on an annualized basis.

YTM at Cost: The yield to maturity at cost is the expected rate of return based on the original cost, the annual interest receipts, maturity value, and the time periodfrom purchase date to maturity, stated as a percentage on an annualized basis.YTM at Market: The yield to maturity at market is the rate of return based on the current market value, the annual interest receipts, maturity value, and the timeperiod remaining until maturity, stated as a percentage on an annualized basis. 28 41
Type* Name of Institution Rate Maturity**** Cost Amount Market Value** Investments in Wells Fargo Bank Account
- Commercial Checking Acct Public Funds 0.000% 12/31/2025 $ 14,268,564.08 $ 14,268,564.08 Investments with Wells Fargo Investment Advisors:
9 Institutional Money Market 0.159% N/A 1,969,808.17 1,969,808.17 Investments with State of California:
3 Local Agency Investment Fund (LAIF)-City 4.200% N/A 20,727,283.03 20,772,499.25 Investments with CalTRUST
11 Short-Term Investment Account-City 0.356% N/A 317,969.99 317,969.99 Investments with CAMP
13 Short-Term Investment Account-City 3.950% N/A 36,774,133.14 36,774,133.14 Total Investments Other than Bond Proceeds 74,057,758.41 74,102,974.63 Investments with Wells Fargo Trust (bond proceeds): *** 2021 Refunding Revenue Bonds
9 Government Money Market
Wells Fargo Advantage Gov MM Svc 1.162% N/A 143,124.68 143,124.68 2014 Refunding Revenue Bonds
9 Government Money Market
Wells Fargo Advantage Gov MM Svc 1.162% N/A 403,754.21 403,754.21 Investments with USBank Trust (bond proceeds): ***
2016 Lease Revenue Bonds
9 Government Money Market
USBank - First American Government Obligation 0.000% N/A 0.54 0.54 Total Investments of Bond Proceeds 546,879.43 546,879.43 Managed Investments with PFM (Detail Attached)
CAMP POOL See Detail 707,738.25 707,738.25
Managed Investments See Detail 31,233,648.37 31,868,334.05 Total Managed Investments 31,941,386.62 32,576,072.30
Total All City Investments $ 106,546,024.46 $ 107,225,926.36 Accrued Interest of Investments other than Bond Proceeds:

Wells Fargo Investment Advisors 3,140.90
Local Agency Investment Fund 219,162.62
CalTRUST 1,131.86
PFM (Asset Management& CAMP) 384,738.67
Accrued Interest as of 12/31/25 $ 608,174.05
* Type of investment as described in Authorized Investments section of the City's adopted Investment Policy

1. U.S Government Securities 5. Bankers Acceptance 9. Money market funds

2. U.S. Government Agency Securities 6. Commercial Paper 10. Repurchase agreements

3. Local Agency Investment Fund 7. Medium term notes 11. CalTRUST Short Term Account

4. Certificates of Deposit 8. Mutual funds 12. Overnight Sweep

13. CAMP Joint Powers Authority
** Market Valuation for LAIF was obtained at https://www.treasurer.ca.gov/pmia-laif/mktvalue/2025/202512.pdf Market value for all other investments was obtained from FT Interactive Data. As the City holds its investments to maturity, market value fluctuations are not significant.
*** Investment of bond proceeds is governed by each bond's Trust Agreement. All of the amounts with Wells Fargo Trust are debt service reserve funds. Investment income remains with the individual bond accounts. **** With the exception of CDs and managed investments, except for the CAMP POOL, all accounts have same day or next-day liquidity Approved by Jeri Tejeda Date
Admoinsitrsative Service Director
Quarterly Investment Report
For the Quarter Ended December 31, 2025
The City of Oakley is in compliance with the City’s annually adopted investment policy and is able to meet its operating expenditure requirements for the next six months.
01/31/2026
42 STAFF REPORT
1 City of Oakley | 3231 Main Street, Oakley, CA 94561
O (925) 625-7000 | F (925) 625-9859 | www.oakleyca.gov
DATE: February 10, 2026
TO: Joshua McMurray, City Manager
FROM: Jeri Tejeda, Administrative Service Director
SUBJECT: City of Oakley as Successor Agency to the Oakley Redevelopment Agency – Quarterly Investment Report (2nd Quarter FY 25/26) Background and Analysis
California law and the City’s Investment Policy require the Agency’s fiscal officer to submit a quarterly investment report to the Agency’s governing board. The report should contain information on all securities held and include a statement denoting the ability of the local agency to meet its expenditure requirements for the next six months.

Fiscal Impact
The Investment Report for the Period Ending December 31, 2025, attached shows a balance of $5,169.53 in cash for operations before the City receives the next distribution from the Department of Finance requested with the ROPS. To increase annual cash flow savings of refunding bonds, cash reserves were applied to bond insurance with Build America Mutual (BAM). The Reserve Requirements are satisfied in face amounts of $571,000.00 for 2015 Bonds and $1,827,318.76 for 2018 Bonds.

The Agency is in compliance with the City’s annually adopted investment policy. The tax revenues distributed to the Agency is sufficient to make the Agency’s enforceable obligation payments as approved by the Department of Finance.

Staff Recommendation
Staff recommends the City Council, as the Board of the Successor Agency, accept the investment report for the 2nd Quarter of Fiscal Year 25/26.

Attachments

1. City of Oakley as Successor Agency to the Redevelopment Agency Investment Report for the quarter ended December 31, 2025.

Approved and
Forwarded to the
City Council
43 .

Type* Name of Institution Rate Maturity*** Cost Amount Market Value Investments in Wells Fargo Bank Account
Successor Agency Checking 0.480% N/A $ 5,169.53 $ 5,169.53 Total Investments Other than Bond Proceeds 5,169.53 5,169.53 Investments with US Bank Trust (bond proceeds): **
20015 A&B Tax Allocation Refunding Bonds - -
2018 Tax Allocation Refunding Bonds - -
Total Investments of Bond Proceeds - -
Total Agency Investments $ 5,169.53 $ 5,169.53
* Type of investment as described in Authorized Investments section of the City's adopted Investment Policy

1. U.S Government Securities 5. Bankers Acceptance 9. Money market funds

2. U.S. Government Agency Securities 6. Commercial Paper 10. Repurchase agreements

3. Local Agency Investment Fund 7. Medium term notes 11. CalTRUST Short Term Account

4. Certificates of Deposit 8. Mutual funds 12. Overnight Sweep ** Investment of bond proceeds is governed by each bond's Trust Agreement. Reserve Requirements are satisfied by BAM surety policy in face amounts equal to $571,000 for 2015 Bonds and $1,827,318.76 for 2018 Bonds. *** All Successor Agency accounts have same day or next day liquidity Approved by Jeri Tejeda Date
Adminstrative Services Director
City of Oakley as Successor Agency to the
Oakley Redevelopment Agency
Quarterly Investment Report
For the Quarter Ended December 31, 2025
The City of Oakley, as Successor Agency to the Oakley Redevelopment Agency, is in compliance with the City’s annually adopted investment policy.
01/31/2026
44 STAFF REPORT
1 City of Oakley | 3231 Main Street, Oakley, CA 94561
O (925) 625-7000 | F (925) 625-9859 | www.oakleyca.gov
DATE: February 10, 2026
TO: City Council
FROM: Joshua McMurray, City Manager
SUBJECT: Adopt a Resolution Authorizing the City Manager to Execute Amended Lease Agreements for Single-Family Dwellings located at 1821 Dutch Slough Road, 5890 Jersey Island Road and 5920 Jersey Island Road (APN 032-081-019)
Background and Summary
As part of the Dutch Slough Properties Memorandum of Understanding entered in 2002 with the Emerson, Gilbert and Burroughs families, certain properties were deeded to the City. Among those properties is an 8-acre parcel on the north end of Jersey Island Road against the Dutch Slough (see attached aerial photo). This property is entirely within the unincorporated area of the County and outside the City limits. On the property are three small, single-family dwellings that have been rented to three individuals for many years by the Burroughs family (who owned the property previously).

The City first approved a 2-year lease agreement with each of the three tenants in 2018. The lease rates were $500 for 1821 Dutch Slough Road, $300 for 5890 Jersey Island Road and $400 a month for 5920 Jersey Island Road. An amendment was approved in 2020 that extended the three lease agreements an additional 2 years and increased the lease rates to $750 for 1821 Dutch Slough Road, $500 for 5890 Jersey Island Road and $600 a month for 5920 Jersey Island Road. The leases also included a $50 per month increase after year one, which was applied to all the properties except 1821 Dutch Slough Road. We are not sure why that is the case and recommend increasing the lease as described below using the current lease amounts that the tenants are paying currently.

The City has been managing the property and handling the leases since 2018. This is not the core service that we provide, and we do not have the experience to ensure we are following all the laws related to property management and leasing of residential properties. With that said, we have contracted with Ridgewater Real Estate to handle property management and leasing for the City moving forward.

They will charge the City $405 a month for all three units.

All three existing tenants have been there for years and are in good-standing with the lease agreements approved by the Council in June of 2020. The lease arrangement with these tenants has worked well in that monthly rent payments have Approved and
Forwarded to the
City Council
45 STAFF REPORT
CITY HALL | 3231 Main Street, Oakley, CA 94561 2
O (925) 625-7000 | F (925) 625-9859 | www.oakleyca.gov
been paid on time including all utilities. All three tenants would like to continue leasing the small homes on the property.

The new lease agreements will be modern agreements developed by the California Association of Realtors. The attached agreements are to be made in stages, with the first agreement being for the current lease rate effective March 1, 2026 and then a second agreement with the adjusted lease rate to be in effect after we give adequate notice to the tenants, which is 30 days or April 1, 2026. Since the property is one single parcel with three units, it is treated as a multiple unit property which would cap the increase at 5% plus CPI per year. Each lease agreement will be month to month. Since the agreements are on a multiple unit property, the City can not raise rents more than 1 time in a calendar year or if one of the tenants leave, any new lease for any of the three homes could be brought up to a market rate at that time.

That means, after the increases go into effect, the tenant at 1821 Dutch Slough Road will be paying $796 per month; the tenant at 5890 Jersey Island Road will be paying $584 per month; and the tenant at 5920 Jersey Island Road will be paying $690 per month.

Fiscal Impact
The General Fund will see revenue of $1,950 for the first month and then $2,070 of revenue each month for the next 11 months, assuming that we do not have any tenants leave. If a tenant leaves, we can then rent that home out at a market rate. The property management fee will be $405 a month for the duration of the 1-year lease term.

Staff Recommendation
It is recommended that the City Council approve the proposed lease agreements between the City of Oakley and the tenants at 1821 Dutch Slough Road, 5890 Jersey Island Road and 5920 Jersey Island Road.

Attachments

1. Aerial Photo

2. Draft Resolution

3. Exhibit A to the Draft Resolution - Proposed Lease Agreements for 1821 Dutch Slough Road, 5890 Jersey Island Road and 5920 Jersey Island Road 46 8-acre Property - Jersey Island Road

RENTAL HOMES
47 Resolution No. XX-26 Page 1 of 1
RESOLUTION NO. XX-26

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF OAKLEY AUTHORIZING

THE CITY MANAGER TO EXECUTE AMENDED LEASE AGREEMENTS FOR SINGLE-FAMILY DWELLINGS LOCATED AT 1821 DUTCH SLOUGH ROAD, 5890 JERSEY ISLAND ROAD AND 5920 JERSEY ISLAND ROAD (APN 032-081-019) WHEREAS, the City of Oakley owns the real property located at 1821 Dutch Slough Road, 5890 Jersey Island Road and 5920 Jersey Island Road (APN 032-081-019) (“Property”); and
WHEREAS, the City has been leasing the property containing the three homes to three separate tenants since 2018; and
WHEREAS, the City may lease City-owned property under the authority granted by Government Code section 37350 and other applicable law.

NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Oakley authorizes the City Council authorizes the City Manager to execute the Lease agreements as attached as Exhibit A to this Resolution.

BE IT FURTHER RESOLVED that the City Council finds that the approval of the Agreement is not subject to the California Environmental Quality Act (“CEQA”) because it can be seen to a certainty the City’s lease of the property will not have an environmental impact and that the “Common Sense” exemption of CEQA is appropriate.

PASSED AND ADOPTED by the City Council of the City of Oakley this 10th day of February 2026 by the following vote:

AYES:

NOES:

ABSTENTION:

ABSENT:

APPROVED:
___________________
Hugh Henderson, Mayor
ATTEST:
_____________________ ___________________
Kim Snodgrass, City Clerk Date
48 RESIDENTIAL LEASE OR

MONTH-TO-MONTH RENTAL AGREEMENT
(C.A.R. Form RLMM, Revised 12/24)
Date , ("Tenant")
and Rental Property Owner ("RPO"), Authorized
Broker or Agent, or Property Manager ("Housing Provider"), agree as follows ("Agreement"):

1. PROPERTY:

A. Housing Provider rents to Tenant and Tenant rents from Housing Provider, the real property and improvements described as:
("Premises").

B. The Premises are for the sole use as a personal residence by the following named person(s) only:
.

Any person in the Premises, other than those listed in this paragraph are considered guests. Guests are not permitted to stay more than 14 (or ) days without Housing Provider's written consent.

C. The following personal property, maintained pursuant to paragraph 11, is included:
or (if checked) the personal property on the attached addendum is included.

D. The Premises may be subject to a local rent or eviction control ordinance, or both.

2. TERM: The term begins on (date) ("Commencement Date”). If Tenant has not paid all amounts then due; (i) Tenant has no right to possession or keys to the premises and; (ii) this Agreement is voidable at the option of Housing Provider, 2 calendar days after giving Tenant a Notice to Pay (C.A.R. Form PPN). Notice may be delivered to Tenant (i) in person; (ii) by mail to Tenant's last known address; or (iii) by email, if provided in Tenant's application or previously used by Tenant to communicate with Housing Provider or it's agent. If Housing Provider elects to void the lease, Housing Provider shall refund to Tenant all rent and security deposit paid.
(Check A or B):

A. Month-to-Month: This Agreement continues from the commencement date as a month-to-month tenancy. Tenant may terminate the tenancy by giving written notice at least 30 days prior to the intended termination date. Tenant shall be responsible for paying rent through the termination date even if moving out early. Housing Provider may terminate the tenancy by giving written notice as provided by law. Such notices may be given on any date.

B. Lease: This Agreement shall terminate on (date) at AM/ PM. Tenant shall vacate the Premises upon termination of the Agreement, unless: (i) Housing Provider and Tenant have extended this Agreement in writing or signed a new agreement; (ii) mandated by any rent increase cap or just cause eviction control under any state or local law; or (iii) Housing Provider accepts Rent from Tenant (other than past due Rent), in which case a month-to-month tenancy shall be created which either party may terminate as specified in paragraph 2A. Rent shall be at a rate agreed to by Housing Provider and Tenant, or as allowed by law. All other terms and conditions of this Agreement shall remain in full force and effect.

3. RENT: "Rent" shall mean all monetary obligations of Tenant to Housing Provider under the terms of the Agreement, except security deposit.

A. Tenant agrees to pay $ per month for the term of the Agreement.

B. Rent is payable in advance on the 1st (or ) day of each calendar month, and is delinquent on the next day.

C. If Commencement Date falls on any day other than the day Rent is payable under paragraph 3B, and Tenant has paid one full month's Rent in advance of Commencement Date, Rent for the second calendar month shall be prorated and Tenant shall pay 1/30th of the monthly rent per day for each day remaining in the prorated second month.

D. PAYMENT:
(1) Rent shall be paid by personal check, money order, cashier's check, made payable to , wire/electronic payment to ,
or other . Payment via electronic apps such as PayPal or Venmo will not ( will) be accepted. (2) Rent shall be delivered to (name)
(whose phone number is) at (address)
(or at any other location subsequently specified by Housing Provider in writing to Tenant) (and if checked, rent may be paid personally, between the hours of and on the following days ). (3) If any payment is returned for non-sufficient funds (“NSF”) or because tenant stops payment, then, after that: (i) Housing Provider may, in writing, require Tenant to pay Rent in cash for three months and (ii) all future Rent shall be paid by money order, or cashier's check.

E. Rent payments received by Housing Provider shall be applied to the earliest amount(s) due or past due.

4. SECURITY DEPOSIT:

A. Tenant agrees to pay $ as a security deposit.
(The maximum amount of security deposit paid on or before initial occupancy, however designated, cannot exceed one month's Rent unless an exception applies. See Security Deposit Exception Disclosure and Addendum, C.A.R. Form SDDA, for additional information.)
B. Security deposit is in addition to any advance payment of first month's Rent. Security deposit law does not prohibit the payment of advance rent of not less than six months' rent if the term of the lease is six months or longer.

C. Security deposit will be transferred to and held by the Owner of the Premises, or held in Owner's Broker's trust account.

Tenant's Initials / Housing Providers Initials /
© 2024, California Association of REALTORS®, Inc.

RLMM REVISED 12/24 (PAGE 1 OF 9)
RESIDENTIAL LEASE OR MONTH-TO-MONTH RENTAL AGREEMENT (RLMM PAGE 1 OF 9) Phone: Fax:

Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 01/29/2026 Carlos Solis
City of Oakley
5890 Jersey Island Rd, Oakley, Ca 94561
Carlos Solis
03/01/2026
X
550.00
X X RidgeWater Real Estate
X RidgeWater Real Estate
David Hansen
(925)872-9625 2170 Main Street Suite C, Oakley, Ca. 94561 10 am 4 pm M-F (Non-Holidays)
X
1,000.00
X
WEICHERT, REALTORS® - HH and Associates, 2170 Main St Suite C Oakley CA 94561 9258729625 9254011045 Jersey Is Rd David Hansen 49
Premises: Date:

D. All or any portion of the security deposit may be used, as reasonably necessary, to: (i) cure Tenant's default in payment of Rent (which includes Late Charges, NSF fees or other sums due); (ii) repair damage, excluding ordinary wear and tear, caused by Tenant or by a guest, invitee or licensee of Tenant; (iii) clean Premises, if necessary, upon termination of the tenancy; and (iv) replace or return personal property or appurtenances. SECURITY DEPOSIT SHALL NOT BE USED BY TENANT IN LIEU OF PAYMENT OF LAST MONTH'S RENT. If all or any portion of the security deposit is used during the tenancy, Tenant agrees to reinstate the total security deposit within 5 days after written notice is delivered to Tenant. Within 21 days after Tenant vacates the Premises, Housing Provider shall: (1) furnish Tenant an itemized statement indicating the amount of any security deposit received and the basis for its disposition and supporting documentation as required by California Civil Code § 1950.5(g); and (2) return any remaining portion of the security deposit to Tenant.

E. Security deposit will not be returned until all Tenants have vacated the Premises and all keys returned. Any security deposit returned by check shall be made out to all Tenants named on this Agreement, or as subsequently modified.

F. No interest will be paid on security deposit unless required by local law.

G. If the security deposit is held by Owner, Tenant agrees not to hold Broker responsible for its return. If the security deposit is held in Owner's Broker's trust account, and Broker's authority is terminated before expiration of this Agreement, and security deposit is released to someone other than Tenant, then Broker shall notify Tenant, in writing, where and to whom security deposit has been released. Once Tenant has been provided such notice, Tenant agrees not to hold Broker responsible for the security deposit.

5. MOVE-IN COSTS RECEIVED/DUE: Move-in funds shall be paid by personal check, money order, cashier's check, or wire/ electronic payment.

Category Total Due Payment Received Balance Due Due Date Payable To Rent from
to (date)
Security Deposit
Other
Other
Total

6. LATE CHARGE; RETURNED CHECKS:

A. Tenant acknowledges either late payment of Rent or issuance of a returned check may cause Housing Provider to incur costs and expenses, the exact amounts of which are extremely difficult and impractical to determine. These costs may include, but are not limited to, processing, enforcement and accounting expenses, and late charges imposed on Housing Provider. If any installment of Rent due from Tenant is not received by Housing Provider within 5 (or ) calendar days after the date due, or if a check is returned, Tenant shall pay to Housing Provider, respectively, an additional sum of $ or % of the Rent due as a Late Charge and $25.00 as a NSF fee for the first returned check and $35.00 as a NSF fee for each additional returned check, either or both of which shall be deemed additional Rent.

B. Housing Provider and Tenant agree that these charges represent a fair and reasonable estimate of the costs Housing Provider may incur by reason of Tenant's late or NSF payment. Any Late Charge or NSF fee due shall be paid with the current installment of Rent. Housing Provider's acceptance of any Late Charge or NSF fee shall not constitute a waiver as to any default of Tenant.

Housing Provider's right to collect a Late Charge or NSF fee shall neither be deemed an extension of the date Rent is due under paragraph 3 nor prevent Housing Provider from exercising any other rights and remedies under this Agreement and as provided by law.

7. PARKING: (Check A or B)
A. Parking is permitted as follows:
.

The right to parking is is not included in the Rent charged pursuant to paragraph 3. If not included in the Rent, the parking rental fee shall be an additional $ per month. Parking space(s) are to be used only for parking properly registered and operable motor vehicles, except for trailers, boats, campers, buses or trucks (other than pick-up trucks). Tenant shall park in assigned space(s) only. Parking space(s) are to be kept clean. Vehicles leaking oil, gas or other motor vehicle fluids shall not be parked on the Premises. Mechanical work, or storage of inoperable vehicles, or storage of any kind is not permitted in parking space(s) or elsewhere on the Premises except as specified in paragraph 8.

OR B. Parking is not permitted on the real property of which the Premises is a part.

8. STORAGE: (Check A or B)
A. Storage is permitted as follows:

The right to separate storage space is, is not, included in the Rent charged pursuant to paragraph 3. If not included in the Rent, storage space fee shall be an additional $ per month. Tenant shall store only personal property Tenant owns, and shall not store property claimed by another or in which another has any right, title or interest. Tenant shall not store any improperly packaged food or perishable goods, flammable materials, explosives, hazardous waste or other inherently dangerous material, or illegal substances.

OR B. Except for Tenant's personal property, contained entirely within the Premises, storage is not permitted on the Premises.

9. UTILITIES: Tenant agrees to pay for all utilities and services, and the following charges: . except , which shall be paid for by Housing Provider, or as agreed on a separate addendum. If any utilities are not separately metered, Tenant shall pay Tenant's proportional share, as reasonably determined and directed by Housing Provider. If utilities are separately metered, Tenant shall place utilities in Tenant's name as of the Commencement Date. Housing Provider is only responsible for installing and maintaining one usable telephone jack and one telephone line to the Premises. Tenant shall pay any cost for conversion from existing utilities service provider.

A. Water Submeters: Water use on the Premises is measured by a submeter and Tenant will be separately billed for water usage based on the submeter. See attached Water Submeter Addendum (C.A.R. Form WSM) for additional terms.

B. Gas Meter: The Premises does not have a separate gas meter.

C. Electric Meter: The Premises does not have a separate electrical meter.

RLMM REVISED 12/24 (PAGE 2 OF 9) Tenant's Initials / Housing Providers Initials / RESIDENTIAL LEASE OR MONTH-TO-MONTH RENTAL AGREEMENT (RLMM PAGE 2 OF 9) Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 5890 Jersey Island Rd, Oakley, Ca 94561 01/29/2026
X X
03/01/2026
03/31/2026 $550.00 $550.00 03/01/2026 RidgeWater Real Estate $1,000.00 $1,000.00
$1,550.00 $1,000.00 $550.00

75.00 X On the property. No storage of non-operating or non-tenant vehicles without written permission.

X
Jersey Is Rd
50 Premises: Date:

10. CONDITION OF PREMISES: Tenant has examined Premises and, if any, all furniture, furnishings, appliances, landscaping and fixtures, including smoke alarm(s) and carbon monoxide detector(s). (Check all that apply:)
A. Tenant's acknowledgment of the condition of these items is contained in an attached statement of condition (C.A.R. Form MII).

B. (i) Housing Provider will Deliver to Tenant a statement of condition (C.A.R. Form MII) within 3 days after execution of this Agreement; prior to the Commencement Date; within 3 days after the Commencement Date. (ii) Tenant shall complete and return the MII to Housing Provider within 3 (or ) days after Delivery. Tenant's failure to return the MII within that time shall conclusively be deemed Tenant's Acknowledgement of the condition as stated in the MII.

C. Tenant will provide Housing Provider a list of items that are damaged or not in operable condition within 3 (or ) days after Commencement Date, not as a contingency of this Agreement but rather as an acknowledgment of the condition of the Premises.

D. Other: .

11. MAINTENANCE USE AND REPORTING:

A. Tenant shall properly use, operate and safeguard Premises, including if applicable, any landscaping, furniture, furnishings and appliances, and all mechanical, electrical, gas and plumbing fixtures, carbon monoxide detector(s) and smoke alarms, and keep them and the Premises clean, sanitary and well ventilated. Tenant shall be responsible for any additional phone lines beyond the one line and jack that Housing Provider shall provide and maintain. Tenant shall replace any burned out or malfunctioning light bulbs. Tenant shall immediately notify Housing Provider, in writing, of any problem, malfunction or damage with any item including carbon monoxide detector(s) and smoke alarms on the property. Tenant shall be charged for all repairs or replacements caused by Tenant, pets, guests or licensees of Tenant, excluding ordinary wear and tear. Tenant shall be charged for all damage to Premises as a result of failure to report a problem in a timely manner. Tenant shall be charged for repair of drain blockages or stoppages, unless caused by defective plumbing parts or tree roots invading sewer lines.

B. Housing Provider Tenant HOA shall water the garden, landscaping, trees and shrubs, except:
.

C. Housing Provider Tenant HOA shall maintain the garden, landscaping, trees and shrubs, except:
.

D. Housing Provider Tenant shall maintain .

E. Housing Provider and Tenant agree that State or local water use restrictions shall supersede any obligation of Housing Provider or Tenant to water or maintain any garden, landscaping, trees or shrubs pursuant to paragraphs 11B, 11C, and 11D.

F. Tenant's failure to maintain any item for which Tenant is responsible shall give Housing Provider the right to hire someone to perform such maintenance and charge Tenant to cover the cost of such maintenance.

G. PERIODIC PEST CONTROL: Housing Provider Tenant shall pay for periodic pest control by the following service provider:
. This obligation shall only be applicable if the Premises is a house and the periodic pest control treatment is being provided at the execution of this Agreement. The current cost of such treatment is: $ per .

H. The following items of personal property are included in the Premises without warranty and Housing Provider will not maintain, repair or replace them:
.

I. Tenant understands that if Premises is located in a Common Interest Development, Housing Provider may not have authority or control over certain parts of the Premises such as roof, electrical, gas or plumbing features inside certain walls, and common areas such as landscaping, shared parking structure or garage.

J. Tenant shall not use the premises to plant, grow, cultivate or sell marijuana.

12. NEIGHBORHOOD CONDITIONS: Tenant is advised to satisfy himself or herself as to neighborhood or area conditions, including, but not limited to, schools, proximity and adequacy of law enforcement, crime statistics, proximity of registered felons or offenders, fire protection, other governmental services, availability, adequacy and cost of any wired, wireless internet connections or other telecommunications or other technology services and installations, proximity to commercial, industrial or agricultural activities, existing and proposed transportation, construction and development that may affect noise, view, or traffic, airport noise, noise or odor from any source, wild and domestic animals, other nuisances, hazards, or circumstances, cemeteries, facilities and condition of common areas, conditions and influences of significance to certain cultures and/or religions, and personal needs, requirements and preferences of Tenant.

13. ANIMALS: Unless otherwise provided in California Civil Code § 54.2, or other law, no animal shall be kept on or about the Premises without Housing Provider's prior written consent, except as agreed to in the attached Animals Terms and Conditions Addendum (C.A.R. Form ATCA).

14. SMOKING:

A. (i) Tenant is responsible for all damage caused by smoking including, but not limited to stains, burns, odors and removal of debris; (ii) Tenant acknowledges that in order to remove odor caused by smoking, Housing Provider may need to replace carpet and drapes and paint the entire premises regardless of when these items were last cleaned, replaced or repainted. Such actions and other necessary steps will impact the return of any security deposit.

B. The Premises or common areas may be subject to a local non-smoking ordinance.

C. NO SMOKING of any substance is allowed on the Premises or common areas. If smoking does occur on the Premises or common areas, (i) Tenant is in material breach of this Agreement; (ii) Tenant, guests, and all others may be required to leave the Premises. Smoking of the following substances only is allowed: .

15. RULES/REGULATIONS:

A. Tenant agrees to comply with all Housing Provider rules and regulations that are at any time posted on the Premises or delivered to Tenant. Tenant shall not, and shall ensure that guests, invitees and licensees of Tenant shall not, disturb, annoy, endanger or interfere with other tenants of the building or neighbors, or use the Premises for any unlawful purposes, under federal, state or local law including, but not limited to, using, manufacturing, selling, storing or transporting illicit drugs or other contraband, or violate any law or ordinance, or commit a waste or nuisance on or about the Premises.

B. (If applicable, check one)
(1) Housing Provider shall provide Tenant with a copy of the rules and regulations within days or .

OR (2) Tenant has been provided with, and acknowledges receipt of, a copy of the rules and regulations.

RLMM REVISED 12/24 (PAGE 3 OF 9) Tenant's Initials / Housing Providers Initials / RESIDENTIAL LEASE OR MONTH-TO-MONTH RENTAL AGREEMENT (RLMM PAGE 3 OF 9) Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 5890 Jersey Island Rd, Oakley, Ca 94561 01/29/2026
X Tenant has resided in home for over 10 years. Originally with different ownership.

X
X
X
Jersey Is Rd 51
Premises: Date:

16. (If checked) CONDOMINIUM; PLANNED UNIT DEVELOPMENT:

A. The Premises are a unit in a condominium, planned unit development, common interest subdivision or other development governed by a homeowners' association (“HOA”). The name of the HOA is .

Tenant agrees to comply with all HOA covenants, conditions and restrictions, bylaws, rules and regulations and decisions (“HOA Rules”). Tenant shall reimburse Housing Provider for any fines or charges imposed by HOA or other authorities, due to any violation by Tenant, or the guests or licensees of Tenant, or Housing Provider shall have the right to deduct such amounts from the security deposit.

B. If applicable, Tenant is required to pay a fee to the HOA to gain access to certain areas within the development such as but not necessarily including or limited to the front gate, pool, and recreational facilities. If not specified in paragraph 5, Tenant is solely responsible for payment and satisfying any HOA requirements prior to or upon or after the Commencement Date.

C. (Check one)
(1) Housing Provider shall provide Tenant with a copy of the HOA Rules within days or .

OR (2) Tenant has been provided with, and acknowledges receipt of, a copy of the HOA Rules.

17. ALTERATIONS; REPAIRS: Unless otherwise specified by law or paragraph 25C, without Housing Provider's prior written consent, (i) Tenant shall not make any repairs, alterations or improvements in or about the Premises including: painting, wallpapering, adding or changing locks, installing antenna or satellite dish(es), placing signs, displays or exhibits, or using screws, fastening devices, large nails or adhesive materials; (ii) Housing Provider shall not be responsible for the costs of alterations or repairs made by Tenant; (iii) Tenant shall not deduct from Rent the costs of any repairs, alterations or improvements; and (iv) any deduction made by Tenant shall be considered unpaid Rent.

18. KEYS; LOCKS:

A. Tenant acknowledges receipt of (or Tenant will receive prior to the Commencement Date, or ):
key(s) to Premises, remote control device(s) for garage door/gate opener(s), key(s) to mailbox, ,
key(s) to common area(s), ,
B. Tenant acknowledges that locks to the Premises have, have not, been re-keyed.

C. If Tenant re-keys existing locks or opening devices, Tenant shall immediately deliver copies of all keys to Housing Provider.

Tenant shall pay all costs and charges related to loss of any keys or opening devices. Tenant may not remove locks, even if installed by Tenant.

19. ENTRY:

A. Tenant shall make Premises available to Housing Provider or Housing Provider's representative for the purpose of entering to make necessary or agreed repairs (including, but not limited to, installing, repairing, testing, and maintaining smoke detectors and carbon monoxide devices, and bracing, anchoring or strapping water heaters, or repairing dilapidation relating to the presence of mold), decorations, alterations, or improvements; or supplying necessary or agreed services; or to show Premises to prospective or actual purchasers, tenants, mortgagees, lenders, appraisers, contractors and others (collectively “Interested Persons”). Tenant agrees that Housing Provider, Broker and Interested Persons may take photos of the Premises.

B. Housing Provider and Tenant agree that 24-hour written notice shall be reasonable and sufficient notice, except as follows:
(1) 48-hour written notice is required to conduct an inspection of the Premises prior to the Tenant moving out, unless the Tenant waives the right to such notice.
(2) If Housing Provider has in writing informed Tenant that the Premises are for sale and that Tenant will be notified orally to show the premises (C.A.R. Form NSE), then, for the next 120 days following the delivery of the NSE, notice may be given orally to show the Premises to actual or prospective purchasers. (3) No written notice is required if Housing Provider and Tenant orally agree to an entry for agreed services or repairs if the date and time of entry are within one week of the oral agreement. (4) No notice is required: (i) to enter in case of an emergency; (ii) if the Tenant is present and consents at the time of entry; or (iii) if the Tenant has abandoned or surrendered the Premises.

C. (If checked) Tenant authorizes the use of a keysafe/lockbox to allow entry into the Premises and agrees to sign a keysafe/ lockbox addendum (C.A.R. Form KLA).

20. PHOTOGRAPHS AND INTERNET ADVERTISING:

A. In order to effectively market the Premises for sale or rental it is often necessary to provide photographs, virtual tours and other media to Interested Persons. Tenant agrees that Broker may photograph or otherwise electronically capture images of the exterior and interior of the Premises (“Images”) for static and/or virtual tours of the Premises by Interested Persons for use on Broker's website, the MLS, and other marketing materials and sites. Tenant acknowledges that once Images are placed on the Internet neither Broker nor Housing Provider has control over who can view such Images and what use viewers may make of the Images, or how long such Images may remain available on the Internet. Tenant is advised to store or otherwise remove from view, anything of a personal nature which Tenant would not want to appear in any Images, including but not limited to, family photos, documents, or other valuables.

B. Tenant acknowledges that prospective Interested Persons coming onto the Premises may take photographs, videos or other images of the Premises. Tenant understands that Broker does not have the ability to control or block the taking and use of Images by any such persons. Once Images are taken and/or put into electronic display on the Internet or otherwise, neither Broker nor Housing Provider has control over who views such Images nor what use viewers may make of the Images.

21. SIGNS: Tenant authorizes Housing Provider to place FOR SALE/LEASE signs on the Premises.

22. ASSIGNMENT; SUBLETTING:

A. Tenant shall not sublet all or any part of Premises, or parking or storage spaces, or assign or transfer this Agreement or any interest in it, without Housing Provider's prior written consent. Unless such consent is obtained, any assignment, transfer or subletting of Premises or this Agreement or tenancy, by voluntary act of Tenant, operation of law or otherwise, shall, at the option of Housing Provider, terminate this Agreement. Any proposed assignee, transferee or sublessee shall submit to Housing Provider an application and credit information for Housing Provider's approval and, if approved, sign a separate written agreement with Housing Provider and Tenant. Housing Provider's consent to any one assignment, transfer or sublease, shall not be construed as consent to any subsequent assignment, transfer or sublease and does not release Tenant of Tenant's obligations under this Agreement.

B. This prohibition also applies ( does not apply) to short term, vacation, and transient rentals such as, but not limited to, those arranged through AirBnB, VRBO, HomeAway or other short term rental services.

C. Any violation of this prohibition is a non-curable, material breach of this Agreement.

Tenant's Initials / Housing Providers Initials /
RLMM REVISED 12/24 (PAGE 4 OF 9)
RESIDENTIAL LEASE OR MONTH-TO-MONTH RENTAL AGREEMENT (RLMM PAGE 4 OF 9) Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 5890 Jersey Island Rd, Oakley, Ca 94561 01/29/2026
X 1
X
Jersey Is Rd 52
Premises: Date:

23. JOINT AND INDIVIDUAL OBLIGATIONS: If there is more than one Tenant, each one shall be individually and completely responsible for the performance of all obligations of Tenant under this Agreement, jointly with every other Tenant, and individually, whether or not in possession.

24. POSSESSION:

A. (1) Tenant is not in possession of the Premises. If Housing Provider is unable to deliver possession of Premises on Commencement Date, such Date shall be extended to the date on which possession is made available to Tenant. If Housing Provider is unable to deliver possession within 5 (or ) calendar days after agreed Commencement Date, Tenant may terminate this Agreement by giving written notice to Housing Provider, and shall be refunded all Rent and security deposit paid.

OR (2) Tenant is already in possession of the Premises.

B. Possession is deemed terminated when Tenant has returned all keys to the Premises to Housing Provider.

25. TENANT'S OBLIGATIONS UPON VACATING PREMISES:

A. Upon termination of this Agreement, Tenant shall: (i) give Housing Provider all copies of all keys and any opening devices to Premises, including any common areas; (ii) vacate and surrender Premises to Housing Provider, empty of all persons; and personal property belonging to Tenant (iii) vacate any/all parking and/or storage space; (iv) clean and deliver Premises, as specified in paragraph 25C below, to Housing Provider in the same condition as referenced in paragraph 10; (v) remove all debris; (vi) give written notice to Housing Provider of Tenant's forwarding address; and (vii) .

B. All alterations/improvements made by or caused to be made by Tenant, with or without Housing Provider's consent, become the property of Housing Provider upon termination. Housing Provider may charge Tenant for restoration of the Premises to the condition it was in prior to any alterations/improvements.

C. Right to Pre-Move-Out Inspection and Repairs: (i) After giving or receiving notice of termination of a tenancy (C.A.R. Form NTT), or before the expiration of this Agreement, Tenant has the right to request that an inspection of the Premises take place prior to termination (C.A.R. Form NRI). If Tenant requests such an inspection, Tenant shall be given an opportunity to remedy identified deficiencies prior to termination, consistent with the terms of this Agreement. (ii) Any repairs or alterations made to the Premises as a result of this inspection (collectively, “Repairs”) shall be made at Tenant's expense. Repairs may be performed by Tenant or through others, who have adequate insurance and licenses and are approved by Housing Provider. The work shall comply with applicable law, including governmental permit, inspection and approval requirements. Repairs shall be performed in a good, skillful manner with materials of quality and appearance comparable to existing materials. It is understood that exact restoration of appearance or cosmetic items following all Repairs may not be possible. (iii) Tenant shall: (a) obtain receipts for Repairs performed by others; (b) prepare a written statement indicating the Repairs performed by Tenant and the date of such Repairs; and (c) provide copies of receipts and statements to Housing Provider prior to termination. Paragraph 25C does not apply when the tenancy is terminated pursuant to California Code of Civil Procedure § 1161(2), (3), or (4).

26. BREACH OF CONTRACT; EARLY TERMINATION: In addition to any obligations established by paragraph 25, in the event of termination by Tenant prior to completion of the original term of the Agreement or any extension, Tenant shall also be responsible for lost Rent, rental commissions, advertising expenses and painting costs necessary to ready Premises for re-rental. Housing Provider may withhold any such amounts from Tenant's security deposit.

27. TEMPORARY RELOCATION: Subject to local law, Tenant agrees, upon demand of Housing Provider, to temporarily vacate Premises for a reasonable period, to allow for fumigation (or other methods) to control wood destroying pests or organisms, or other repairs to Premises. Tenant agrees to comply with all instructions and requirements necessary to prepare Premises to accommodate pest control, fumigation or other work, including bagging or storage of food and medicine, and removal of perishables and valuables.

Tenant shall only be entitled to a credit of Rent equal to the per diem Rent for the period of time Tenant is required to vacate Premises.

28. DAMAGE TO PREMISES: If, by no fault of Tenant, Premises are totally or partially damaged or destroyed by fire, earthquake, accident or other casualty that render Premises totally or partially uninhabitable, either Housing Provider or Tenant may terminate this Agreement by giving the other written notice. Rent shall be abated as of the date Premises become totally or partially uninhabitable.

The abated amount shall be the current monthly Rent prorated on a 30-day period. If the Agreement is not terminated, Housing Provider shall promptly repair the damage, and Rent shall be reduced based on the extent to which the damage interferes with Tenant's reasonable use of Premises. If damage occurs as a result of an act of Tenant or Tenant's guests, only Housing Provider shall have the right of termination, and no reduction in Rent shall be made.

29. INSURANCE:

A. Tenant's, guest's, invitees or licensee's personal property and vehicles are not insured by Housing Provider, manager or, if applicable, HOA, against loss or damage due to fire, theft, vandalism, rain, water, criminal or negligent acts of others, or any other cause. Tenant is advised to carry Tenant's own insurance (renter's insurance) to protect Tenant from any such loss or damage.

B. Tenant shall comply with any requirement imposed on Tenant by Housing Provider's insurer to avoid: (i) an increase in Housing Provider's insurance premium (or Tenant shall pay for the increase in premium); or (ii) loss of insurance.

C. Tenant shall obtain liability insurance, in an amount not less than $ for injury or damage to, or upon, the Premises during the term of this agreement or any extension. The liability policy shall name Housing Provider, and Property Manager, if applicable: (i) as an additional interest, requiring insurer to notify such person if the policy is changed, cancelled or not renewed; and (ii) as an additional insured, if available from the insurer. Tenant shall provide Housing Provider a copy of the insurance policy before commencement of this Agreement, and a rider prior to renewal. Housing Provider and Tenant are advised to seek counsel from a qualified California attorney or insurance broker regarding the availability of insurance, prior to entering into this Agreement.

30. WATERBEDS/PORTABLE WASHERS: Tenant shall not use or have waterbeds on the Premises unless: (i) Tenant obtains a valid waterbed insurance policy; (ii) Tenant increases the security deposit in an amount equal to one-half of one month's Rent; and (iii) the bed conforms to the floor load capacity of Premises. Tenant shall not use on the Premises Portable Dishwasher Portable Washing Machine.

31. WAIVER: The waiver of any breach shall not be construed as a continuing waiver of the same or any subsequent breach.

32. NOTICE: Notices may be served at the following address, or at any other location subsequently designated:

Housing Provider: Tenant:

RLMM REVISED 12/24 (PAGE 5 OF 9) Tenant's Initials / Housing Providers Initials / RESIDENTIAL LEASE OR MONTH-TO-MONTH RENTAL AGREEMENT (RLMM PAGE 5 OF 9) Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 5890 Jersey Island Rd, Oakley, Ca 94561 01/29/2026
X
X 100,000.00
X X
Ridgewater Real Estate Property
Management
2170 Main St Suite C
Oakley, Ca. 94561
Carlos Solis
5890 Jersey Island Rd
Oakley, Ca. 94561
Jersey Is Rd
53 Premises: Date:

33. TENANT ESTOPPEL CERTIFICATE: Tenant shall execute and return a tenant estoppel certificate delivered to Tenant by Housing Provider or Housing Provider's agent within 3 days after its receipt (C.A.R. Form TEC). Failure to comply with this requirement shall be deemed Tenant's acknowledgment that the tenant estoppel certificate is true and correct, and may be relied upon by a lender or purchaser.

34. REPRESENTATION
A. TENANT REPRESENTATION; OBLIGATIONS REGARDING OCCUPANTS; CREDIT: Tenant warrants that all statements in Tenant's rental application are accurate. Housing Provider requires all occupants 18 years of age or older and all emancipated minors to complete a lease rental application. Tenant acknowledges this requirement and agrees to notify Housing Provider when any occupant of the Premises reaches the age of 18 or becomes an emancipated minor. Tenant authorizes Housing Provider and Broker(s) to obtain Tenant's credit during the tenancy in connection with a modification of this Agreement. Before occupancy begins, Housing Provider may cancel this Agreement upon disapproval of the credit report(s) or upon discovering that information in Tenant's application is false. During the tenancy, Housing Provider may reject any such modification upon disapproval of the credit report(s) obtained in connection with the modification. A negative credit report reflecting on Tenant's record may be submitted to a credit reporting agency if Tenant fails to fulfill the terms of payment and other obligations under this Agreement.

B. HOUSING PROVIDER REPRESENTATIONS: Housing Provider warrants that, unless otherwise specified in writing, Housing Provider is unaware of (i) any recorded Notices of Default affecting the Premise; (ii) any delinquent amounts due under any loan secured by the Premises; and (iii) any bankruptcy proceeding affecting the Premises.

35. MEDIATION:

A. Consistent with paragraphs 35B and 35C below, Housing Provider and Tenant agree to mediate any dispute or claim arising between them out of this Agreement, or any resulting transaction, before resorting to court action. Mediation fees, if any, shall be divided equally among the parties involved. If, for any dispute or claim to which this paragraph applies, any party commences an action without first attempting to resolve the matter through mediation, or refuses to mediate after a request has been made, then that party shall not be entitled to recover attorney fees, even if they would otherwise be available to that party in any such action.

B. The following matters are excluded from mediation: (i) an unlawful detainer action; (ii) the filing or enforcement of a mechanic's lien; and (iii) any matter within the jurisdiction of a probate, small claims or bankruptcy court. The filing of a court action to enable the recording of a notice of pending action, for order of attachment, receivership, injunction, or other provisional remedies, shall not constitute a waiver of the mediation provision.

C. Housing Provider and Tenant agree to mediate disputes or claims involving Owner's Agent/Broker, Tenant's Agent/Broker, or property manager (“Broker”), provided Broker shall have agreed to such mediation prior to, or within a reasonable time after, the dispute or claim is presented to such Broker. Any election by Broker to participate in mediation shall not result in Broker being deemed a party to this Agreement.

36. ATTORNEY FEES: In any action or proceeding arising out of this Agreement, the prevailing party between Housing Provider and Tenant shall be entitled to reasonable attorney fees and costs collectively not to exceed $1,000 (or $ ), except as provided in paragraph 35A.

37. C.A.R. FORM: C.A.R. Form means the specific form referenced or another comparable form agreed to by the parties.

38. DISCLOSURES:

A. MOLD AND DAMPNESS: Exposure to mold may have potential health risks. Tenant acknowledges receipt of the attached booklet titled, “Information on Dampness and Mold for Renters in California” before signing this Residential Lease or Month-toMonth Rental Agreement.

B. BED BUGS: Housing Provider has no knowledge of any infestation in the Premises by bed bugs. See attached Bed Bug Disclosure (C.A.R. Form BBD) for further information. Tenant shall report suspected bed bug infestation to Housing Provider or, if applicable, property manager and cooperate with any inspection for and treatment of bed bugs. Housing Provider will notify tenants of any units infested by bed bugs.

C. MEGAN'S LAW DATABASE DISCLOSURE: Notice: Pursuant to § 290.46 of the Penal Code, information about specified registered sex offenders is made available to the public via an Internet Web site maintained by the Department of Justice at www.meganslaw.ca.gov. Depending on an offender's criminal history, this information will include either the address at which the offender resides or the community of residence and ZIP Code in which he or she resides. (Neither Housing Provider nor Brokers, if any, are required to check this website. If Tenant wants further information, Tenant should obtain information directly from this website.)
D. RESIDENTIAL ENVIRONMENTAL HAZARDS BOOKLET: Tenant acknowledges receipt of the residential environmental hazards booklet.

E. FLOOD HAZARD DISCLOSURE: Flooding has the potential to cause significant damage to personal property owned by Tenant.

See attached Tenant Flood Hazard Disclosure (C.A.R. Form TFHD) for additional information.

F. OTHER MATERIAL FACTS:

G. ADDITIONAL DISCLOSURES: RPO shall make additional disclosures regarding the following matters, if applicable, on the Rental Property Owner Disclosure (C.A.R. Form RPOD): Lead-based Paint; Methamphetamine Contamination; Periodic Pest Control Contracts; Water Submeters; Mold; Asbestos; Homeowners Associations/Condominiums/Planned Developments; Military Ordnance Locations; Death on the Premises.

39. SERVICEMEMBERS CIVIL RELIEF ACT: Notwithstanding anything to the contrary in paragraphs 2, 4, 26 or elsewhere in this Agreement, the Servicemembers Civil Relief Act applies to this Agreement and any effort to terminate it, as specified in §§ 3951 and 3955 of the Act.

40. TIME OF ESSENCE; ENTIRE CONTRACT; CHANGES: Time is of the essence. All understandings between the parties are incorporated in this Agreement. Its terms are intended by the parties as a final, complete and exclusive expression of their Agreement with respect to its subject matter, and may not be contradicted by evidence of any prior agreement or contemporaneous oral agreement. If any provision of this Agreement is held to be ineffective or invalid, the remaining provisions will nevertheless be given full force and effect. Neither this Agreement nor any provision in it may be extended, amended, modified, altered or changed except in writing. This Agreement is subject to California Housing Provider-tenant law and shall incorporate all changes required by amendment or successors to such law. This Agreement and any supplement, addendum or modification, including any copy, may be signed in two or more counterparts, all of which shall constitute one and the same writing.

Tenant's Initials / Housing Providers Initials /
RLMM REVISED 12/24 (PAGE 6 OF 9)
RESIDENTIAL LEASE OR MONTH-TO-MONTH RENTAL AGREEMENT (RLMM PAGE 6 OF 9) Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 5890 Jersey Island Rd, Oakley, Ca 94561 01/29/2026
X
Jersey Is Rd
54 Premises: Date:

41. AGENCY:

A. CONFIRMATION: The following agency relationship(s) are hereby confirmed for this transaction:

Housing Provider's Brokerage Firm License Number
Is the broker of (check one): the Housing Provider; or both the Tenant and Housing Provider (Dual Agent).

Housing Provider's Agent License Number
Is (check one): the Housing Provider's Agent. (salesperson or broker associate); or both the Tenant's and Housing Provider's Agent (Dual Agent).

Tenant's Brokerage Firm License Number
Is the broker of (check one): the Tenant; or both the Tenant and Housing Provider (Dual Agent).

Tenant's Agent License Number
Is (check one): the Tenant's Agent. (salesperson or broker associate); or both the Tenant's and Housing Provider's Agent (Dual Agent).

B. DISCLOSURE: (If checked): The term of this Agreement exceeds one year. A disclosure regarding real estate agency relationships (C.A.R. Form AD) has been provided to Housing Provider and Tenant, who each acknowledge its receipt.

C. TERMINATION OF AGENCY RELATIONSHIP:
(1) Housing Provider and Tenant acknowledges and agrees that unless Broker is the property manager, or as specified in (2) below, once Housing Provider and Tenant enter into this Agreement, (i) Broker will not represent Owner in any manner regarding the management of the Premises; and (ii) Any representation duties that Broker may owe to, and any agency relationship that Broker may have with, either Housing Provider or Tenant, is terminated. (2) Notwithstanding paragraph 41C(1), Broker duties and responsibilities to either Housing Provider or Tenant will terminate upon the last to occur of the following (choose all that apply): Tenant occupancy, Delivering to Tenant keys or other means of entering the Premises, Tenant walkthrough, Completion of Move In Inspection (C.A.R. Form MII).

42. BROKER COMPENSATION:

A. EXISTING WRITTEN AGREEMENTS: Upon execution of this Agreement:
(1) TENANT COMPENSATION TO TENANT'S BROKER: If applicable, Tenant agrees to pay compensation as specified in a separate written agreement between Tenant and Broker (C.A.R. Form TRBC or LCA). (2) OWNER COMPENSATION TO OWNER OR TENANT'S BROKER: If applicable, Owner agrees to pay compensation as specified in a separate written agreement between Owner and Broker(s) (C.A.R. Form LL or LCA).

B. OWNER AGREEMENT TO PAY TENANT'S BROKER: In consideration for Tenant entering into this Lease/Rental agreement, Owner agrees to pay Tenant's Broker as follows:
(1) Fixed term lease: (i) percent of the total rent payments due under the term specified in paragraph 2B; or (ii) $ ; or (iii) ;
(2) For month-to-month rental: (i) percent of ; or (ii) $ or (iii) ; (3) Payment is conditioned on Tenant taking possession of the Premises or being prevented from doing so by Housing Provider; (4) Payments made by Owner shall be credited against any obligation of Tenant to pay Tenant's Broker pursuant to a separate written agreement; and
(5) Third-party beneficiary: Owner acknowledges and agrees that Tenant's Broker is a third-party beneficiary of this agreement and may pursue Owner for failure to pay the amount specified in paragraph 42B.

C. PAYMENT OF COMPENSATION OUT OF TENANT MOVE-IN FUNDS: RPO authorizes Tenant to deduct any amount for Tenant's Broker and Housing Provider's Broker compensation out of Tenant's move-in funds still due under paragraph 5 and make payment directly to Tenant's Broker and Housing Provider's Broker. Any amount paid pursuant to this paragraph shall be credited against the amounts specified in paragraph 5. RPO shall be responsible for any compensation due Brokers under paragraphs 42A(2) and 42B that are not covered by this paragraph. Tenant is instructed to make payment as follows:

Payment made to: Amount Due Date
Tenant's Broker
Housing Provider's Broker
Housing Provider
Property Manager (see paragraph 49)

43. NOTICE OF RIGHT TO RECEIVE FOREIGN LANGUAGE TRANSLATION OF LEASE/RENTAL AGREEMENTS: California Civil Code requires a Housing Provider or property manager to provide a tenant with a foreign language translation copy of a lease or rental agreement if the agreement was negotiated primarily in Spanish, Chinese, Korean, Tagalog or Vietnamese. If applicable, every term of the lease/rental needs to be translated except for, among others, names, dollar amounts and dates written as numerals, and words with no generally accepted non-English translation.

44. RECEIPT: If specified in paragraph 5, Housing Provider or Broker, acknowledges receipt of move-in funds.

45. CITY, COUNTY OR OTHER LOCAL REQUIREMENTS: Housing Provider and Tenant are advised that city, county or other local requirements, including those imposed by a regulatory body such a rent stabilization or similar board, may apply, and to attach to this Residential Lease or Month-to-Month Rental Agreement or separately provide, as provided by law, any documentation required by such a local authority.

46. OTHER TERMS AND CONDITIONS; If checked, the following ATTACHED documents are incorporated in this Agreement:

Keysafe/Lockbox Addendum (C.A.R. Form KLA); Lead-Based Paint and Lead-Based Paint Hazards Disclosure (C.A.R. Form LPD); Lease/Rental Mold and Ventilation Addendum (C.A.R. Form LRM); Parking and Storage Disclosure (C.A.R. Form PSD); Bed Bug Disclosure (C.A.R. Form BBD); Tenant Flood Hazard Disclosure (C.A.R. Form TFHD); Rent Cap and Just Cause Addendum (C.A.R. Form RCJC); Offer of Tenant Positive Rental Payment Reporting (C.A.R. Form TRPR); Other Documents/Addenda:

Other Terms:

RLMM REVISED 12/24 (PAGE 7 OF 9) Tenant's Initials / Housing Providers Initials / RESIDENTIAL LEASE OR MONTH-TO-MONTH RENTAL AGREEMENT (RLMM PAGE 7 OF 9) Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 5890 Jersey Island Rd, Oakley, Ca 94561 01/29/2026
RidgeWater Real Estate 01823871
X
David Hansen 01777243
X
RidgeWater Real Estate 01823871
X
David Hansen 01777243
X
X X X
X
X Addendum "A"
Jersey Is Rd 55
Premises: Date:

47. LEGALLY AUTHORIZED SIGNER: Wherever the signature or initials of the Legally Authorized Signer identified in paragraphs 50 or 51 appear on this Agreement or any related documents, it shall be deemed to be in a representative capacity for the entity described and not in an individual capacity, unless otherwise indicated. The Legally Authorized Signer (i) represents that the entity for which that person is acting already exists and is in good standing to do business in California, and (ii) shall Deliver to the other Party, upon request, evidence of authority to act in that capacity (such as but not limited to: applicable portion of the trust or Certification Of Trust (Probate Code § 18100.5), letters testamentary, court order, power of attorney, corporate resolution, or formation documents of the business entity).

48. INTERPRETER/TRANSLATOR: The terms of this Agreement have been interpreted for Tenant into the following language:
. Housing Provider and Tenant acknowledge receipt of the attached interpreter/ translator agreement (C.A.R. Form ITA).

49. The Premises is being managed by Owner, (or, if checked):

Housing Provider's Brokerage Firm in Real Estate Brokerage section Tenant's Brokerage Firm in Real Estate Brokers section Property Management firm immediately below
Real Estate Broker (Property Manager) DRE Lic #
(Agent) DRE Lic #
Address Telephone #
Housing Provider and Tenant acknowledge and agree Brokers: (a) do not guarantee the condition of the Premises; (b) cannot verify representations made by others; (c) cannot provide legal or tax advice; (d) will not provide other advice or information that exceeds the knowledge, education or experience required to obtain a real estate license. Furthermore, if Brokers are not also acting as Housing Provider in this Agreement, Brokers: (e) do not decide what rental rate a Tenant should pay or Housing Provider should accept; and (f) do not decide upon the length or other terms of this Agreement. Housing Provider and Tenant agree that they will seek legal, tax, insurance and other desired assistance from appropriate professionals.

50. Tenant agrees to rent the Premises on the above terms and conditions.

A. ENTITY TENANT: (Note: If this paragraph is completed, a Representative Capacity Signature Disclosure (C.A.R.

Form RCSD) is not required for the Legally Authorized Signers designated below.) (1) Non-Individual (entity) Tenant: One or more Tenants is a trust, corporation, LLC, probate estate, partnership, holding a power of attorney or other entity.
(2) Full entity name: The following is the full name of the entity (if a trust, enter the complete trust name; if under probate, enter full name of the estate, including case #):
.
(3) Contractual Identity of Tenant: For purposes of this Agreement, when the name described below is used it shall be deemed to be the full entity name.
(A) If a trust: The trustee(s) of the trust or a simplified trust name (ex. John Doe, co-trustee, Jane Doe, co-trustee or Doe Revocable Family Trust);
(B) If Property is sold under the jurisdiction of a probate court: The name of the executor or administrator, or a simplified probate name (John Doe, executor, or Estate (or Conservatorship) of John Doe). (4) Legally Authorized Signer:
(A) This Agreement is being Signed by a Legally Authorized Signer in a representative capacity and not in an individual capacity. See paragraph 47 for additional terms.
(B) The name(s) of the Legally Authorized Signer(s) is/are: , .

B. TENANT SIGNATURE(S):
(Signature) By, Date:

Printed name of Tenant:

Printed Name of Legally Authorized Signer: Title, if applicable, Address City State Zip
Telephone Text E-mail
(Signature) By, Date:

Printed name of Tenant:

Printed Name of Legally Authorized Signer: Title, if applicable, Address City State Zip
Telephone Text E-mail
IF MORE THAN TWO SIGNERS, USE Additional Signature Addendum (C.A.R. Form ASA).

GUARANTEE: In consideration of the execution of this Agreement by and between Housing Provider and Tenant and for valuable consideration, receipt of which is hereby acknowledged, the undersigned (“Guarantor”) does hereby: (i) guarantee unconditionally to Housing Provider and Housing Provider's agents, successors and assigns, the prompt payment of Rent or other sums that become due pursuant to this Agreement, including any and all court costs and attorney fees included in enforcing the Agreement; (ii) consent to any changes, modifications or alterations of any term in this Agreement agreed to by Housing Provider and Tenant; and (iii) waive any right to require Housing Provider and/or Housing Provider's agents to proceed against Tenant for any default occurring under this Agreement before seeking to enforce this Guarantee.

Guarantor (Print Name)
Guarantor Date
Address City State Zip
Telephone Text E-mail
RLMM REVISED 12/24 (PAGE 8 OF 9) Tenant's Initials / Housing Providers Initials / RESIDENTIAL LEASE OR MONTH-TO-MONTH RENTAL AGREEMENT (RLMM PAGE 8 OF 9) Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 5890 Jersey Island Rd, Oakley, Ca 94561 01/29/2026
X
RidgeWater Real Estate 01823871
David Hansen 01777243
2170 Main St. Suite C, Oakley, Ca. 94561 (925)465-1691
Carlos Solis
(925)470-7498
Jersey Is Rd
56 Premises: Date:

51. Housing Provider (owner or agent for owner) agrees to rent the Premises on the above terms and conditions.

A. ENTITY HOUSING PROVIDER: (Note: If this paragraph is completed, a Representative Capacity Signature Disclosure (C.A.R. Form RCSD) is not required for the Legally Authorized Signers designated below.) (1) Non-Individual (entity) Housing Provider: One or more Housing Providers is a trust, corporation, LLC, probate estate, partnership, holding a power of attorney or other entity. (2) Full entity name: The following is the full name of the entity (if a trust, enter the complete trust name; if under probate, enter full name of the estate, including case #):
.
(3) Contractual Identity of Housing Provider: For purposes of this Agreement, when the name described below is used it shall be deemed to be the full entity name.
(A) If a trust: The trustee(s) of the trust or a simplified trust name (ex. John Doe, co-trustee, Jane Doe, co-trustee or Doe Revocable Family Trust);
(B) If Property is sold under the jurisdiction of a probate court: The name of the executor or administrator, or a simplified probate name (John Doe, executor, or Estate (or Conservatorship) of John Doe). (4) Legally Authorized Signer:
(A) This Agreement is being Signed by a Legally Authorized Signer in a representative capacity and not in an individual capacity. See paragraph 47 for additional terms.
(B) The name(s) of the Legally Authorized Signer(s) is/are: , .

B. HOUSING PROVIDER SIGNATURE(S):
(Signature) By, Date:

Printed name of Housing Provider:

Printed Name of Legally Authorized Signer: Title, if applicable, Address City State Zip
Telephone Text E-mail
(Signature) By, Date:

Printed name of Housing Provider:

Printed Name of Legally Authorized Signer: Title, if applicable, Address City State Zip
Telephone Text E-mail
IF MORE THAN TWO SIGNERS, USE Additional Signature Addendum (C.A.R. Form ASA).

Tenant's Initials / Housing Providers Initials /
REAL ESTATE BROKERS:

A. Real estate brokers who are not also Housing Provider under this Agreement are not parties to the Agreement between Housing Provider and Tenant.

B. Agency relationships are confirmed in paragraph 41.

C. BROKER COMPENSATION: Housing Provider's Broker and Tenant's Broker agrees to accept the compensation, as specified in paragraph 42 or in a separate written agreement.

Real Estate Broker (Tenant's Firm) DRE Lic. #
By (Agent) DRE Lic. # Date
Address City State Zip
Telephone Text E-mail
Real Estate Broker (Housing Provider's Firm) DRE Lic. # By (Agent) DRE Lic. # Date
Address City State Zip
Telephone Text E-mail
© 2024, California Association of REALTORS®, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facsimile or computerized formats. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS®. NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORS®.

Published and Distributed by: REAL ESTATE BUSINESS SERVICES, LLC. a subsidiary of the California Association of REALTORS® RLMM REVISED 12/24 (PAGE 9 OF 9)
RESIDENTIAL LEASE OR MONTH-TO-MONTH RENTAL AGREEMENT (RLMM PAGE 9 OF 9) Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 5890 Jersey Island Rd, Oakley, Ca 94561 01/29/2026
X
City of Oakley
Joshua McMurray
City of Oakley
X Joshua McMurray
[email protected]
RidgeWater Real Estate 01823871
David Hansen 01777243
2170 Main St Suite C Oakley Ca 94561
(925)872-9625 [email protected]
RidgeWater Real Estate 01823871
David Hansen 01777243
2170 Main St Suite C Oakley Ca 94561
(925)872-9625 [email protected]
Jersey Is Rd 57

BED BUG DISCLOSURE
California Civil Code §1954.603
(C.A.R. Form BBD, Revised 6/23)
The following terms and conditions are hereby incorporated in and made a part of the Residential Lease or Month-to-Month Rental Agreement, OR Residential Lease After Sale, Other (“Agreement”), dated , on property known as
,
in which is referred to as “Tenant”
and is referred to as “Housing Provider”.

INFORMATION ABOUT BED BUGS:

1. Bed Bug Appearance: Bed bugs have six legs. Adult bed bugs have flat bodies about 1/4 of an inch in length. Their color can vary from red and brown to copper colored. Young bed bugs are very small. Their bodies are about 1/16 of an inch in length. They have almost no color. When a bed bug feeds, its body swells, may lengthen, and becomes bright red, sometimes making it appear to be a different insect. Bed bugs do not fly. They can either crawl or be carried from place to place on objects, people, or animals. Bed bugs can be hard to find and identify because they are tiny and try to stay hidden.

2. Life Cycle and Reproduction: An average bed bug lives for about 10 months. Female bed bugs lay one to five eggs per day. Bed bugs grow to full adulthood in about 21 days.

3. Bed bugs can survive for months without feeding.

4. Bed Bug Bites: Because bed bugs usually feed at night, most people are bitten in their sleep and do not realize they were bitten.

A person's reaction to insect bites is an immune response and so varies from person to person. Sometimes the red welts caused by the bites will not be noticed until many days after a person was bitten, if at all.

5. Common signs and symptoms of a possible bed bug infestation:
● Small red to reddish brown fecal spots on mattresses, box springs, bed frames, mattresses, linens, upholstery, or walls. ● Molted bed bug skins, white, sticky eggs, or empty eggshells. ● Very heavily infested areas may have a characteristically sweet odor. ● Red, itchy bite marks, especially on the legs, arms, and other body parts exposed while sleeping. However, some people do not show bed bug lesions on their bodies even though bed bugs may have fed on them.

6. For more information, see the Internet Web sites of the United States Environmental Protection Agency and the National Pest Management Association.

7. Tenant shall report suspected infestations by bed bugs to the Housing Provider or Property Manager at the mailing, or email address or phone number provided in the Agreement and cooperate with any inspection for and treatment of bed bugs.

8. Housing Provider will notify tenants of any units inspected by a pest control operator of the findings by such an operator within 2 business days of the receipt of the findings. All Tenants will be notified of confirmed infestations within common areas.

Tenant agrees to release, indemnify, hold harmless and forever discharge Housing Provider and Housing Provider's employees, agents, successors and assigns from any and all claims, liabilities or causes of action of any kind that Tenant, members of Tenant's household or Tenant's guests or invitees may have at any time against Housing Provider or Housing Provider's agents resulting from the presence of bedbugs due to Tenant's failure to comply with this Bed Bug Disclosure.

The foregoing terms and conditions are hereby agreed to, and the undersigned acknowledge receipt of a copy of this document.

Tenant (Signature) Date

Housing Provider (Signature) Date

© 2023, California Association of REALTORS®, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facsimile or computerized formats. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS®. NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORS®. It is not intended to identify the user as a REALTOR®. REALTOR® is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS® who subscribe to its Code of Ethics.

Published and Distributed by:

REAL ESTATE BUSINESS SERVICES, LLC.
a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® 525 South Virgil Avenue, Los Angeles, California 90020
BBD REVISED 6/23 (PAGE 1 OF 1)
BED BUG DISCLOSURE (BBD PAGE 1 OF 1)
Phone: Fax:

Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 01/29/2026 5890 Jersey Island Rd, Oakley, Ca 94561
Carlos Solis
City of Oakley
Carlos Solis
City of Oakley
WEICHERT, REALTORS® - HH and Associates, 2170 Main St Suite C Oakley CA 94561 9258729625 9254011045 Jersey Is Rd David Hansen 58

TENANT FLOOD HAZARD DISCLOSURE
(C.A.R. Form TFHD, Revised 6/23)
The following terms and conditions are hereby incorporated in and made a part of the Residential Lease or Month-toMonth Rental Agreement, OR Residential Lease After Sale, Other , dated , on property known as ,
in which is referred to as (“Tenant”)
and is referred to as (“Housing Provider”).

INFORMATION ABOUT FLOOD HAZARDS: Tenant is informed of the following:

1. The Property is not located in a special flood hazard area or an area of potential flooding.

OR The Property is located in a special flood hazard area or an area of potential flooding. Property is deemed to be in a special flood hazard area or area of potential flooding if any of the following scenarios apply:

A. The owner has actual knowledge of that fact.

B. The owner has received written notice from any public agency stating that the Property is located in a special flood hazard area or an area of potential flooding.

C. The Property is located in an area in which the owner's mortgage holder requires the owner to carry flood insurance.

D. The owner currently carries flood insurance.

2. The tenant may obtain information about hazards, including flood hazards, that may affect the Property from the Internet Web site of the Office of Emergency Services, My Hazards Tool (http://myhazards.caloes.ca.gov).

3. The owner's insurance does not cover the loss of the tenant's personal possessions and it is recommended that the tenant consider purchasing renter's insurance and flood insurance to insure his or her possessions from loss due to fire, flood, or other risk of loss.

4. The owner is not required to provide additional information concerning the flood hazards to the Property and that the information provided pursuant to this section (California Government Code section 8589.45) is deemed to inform the tenant.

The foregoing terms and conditions are hereby agreed to, and the undersigned acknowledge receipt of a copy of this document.

Tenant (Signature) Date
Tenant (Signature) Date
Housing Provider (Signature) Date

Housing Provider (Signature) Date

Published and Distributed by:

REAL ESTATE BUSINESS SERVICES, LLC.
a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® 525 South Virgil Avenue, Los Angeles, California 90020
TFHD Revised 6/23 (PAGE 1 OF 1)
TENANT FLOOD HAZARD DISCLOSURE (TFHD PAGE 1 OF 1)
Phone: Fax:

Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 01/29/2026 5890 Jersey Island Rd, Oakley, Ca 94561
Carlos Solis
City of Oakley
X
Carlos Solis
City of Oakley
WEICHERT, REALTORS® - HH and Associates, 2170 Main St Suite C Oakley CA 94561 9258729625 9254011045 Jersey Is Rd David Hansen 59

RENT CAP AND JUST CAUSE ADDENDUM
(Note: State or local laws may limit the availability of certain exemptions.

Check with a qualified California real estate attorney before proceeding.) (C.A.R. Form RCJC, Revised 6/23)
The following terms and conditions are hereby incorporated and made part of the Residential Lease or Month-to-Month Rental Agreement dated on property known as
in which is referred to as “Tenant”
and is referred to as “Housing Provider”.

I. RENT CAP AND JUST CAUSE ADDENDUM TERMS
With certain exemptions, Housing Provider may be subject to the rent cap and just cause eviction provisions of the Civil Code. Housing Provider informs Tenant of the following:

California law limits the amount your rent can be increased. See § 1947.12 of the Civil Code for more information. California law also provides that after all of the tenants have continuously and lawfully occupied the property for 12 months or more or at least one of the tenants has continuously and lawfully occupied the property for 24 months or more, a housing provider must provide a statement of cause in any notice to terminate a tenancy. See § 1946.2 of the Civil Code for more information.

II. EXEMPTIONS TO BOTH RENT CAP REQUIREMENTS AND JUST CAUSE EVICTIONS*:

1. Housing that has been issued a certificate of occupancy within the previous 15 years.

2. A property containing two separate dwelling units (excluding ADUs and junior ADUs) within a single structure in which one of the units was Owner occupied at the commencement and throughout the tenancy.

3. Single Family Residential property (including a condominium and units in planned developments) that is alienable separate from the title to any other dwelling unit if the notice below is checked and delivered to the Tenant:

Notice of Exemption: This property is not subject to the rent limits imposed by § 1947.12 of the Civil Code and is not subject to the just cause requirements of § 1946.2 of the Civil Code. This property meets the requirements of §§ 1947.12 (d)(5) and 1946.2 (e)(8) of the Civil Code AND the Owner is not any of the following: (1) a real estate investment trust, as defined by § 856 of the Internal Revenue Code; (2) a corporation; or (3) a limited liability company in which at least one member is a corporation.

III. ADDITIONAL EXEMPTIONS ONLY APPLICABLE TO JUST CAUSE EVICTIONS*:

1. Housing accommodations in which the Tenant shares bathroom or kitchen facilities with the Owner who maintains their principal residence at the residential real property.

2. Single-family Owner-occupied residences, including a residence in which the Owner-occupant rents or leases no more than two units or bedrooms, including, but not limited to, an accessory dwelling unit.

IV. RENT CAP REQUIREMENTS

1. Subject to certain provisions of Civil Code § 1947.12 subdivision (b), an Owner of real property shall not increase the rental rate for that property more than 5 percent plus the percentage change in the cost of living, or 10 percent, whichever is lower, of the lowest rental amount charged for that property at any time during the 12 months prior to the effective date of the increase.

2. If the same Tenant remains in occupancy over any 12-month period, the gross rental rate shall not be increased in more than two increments over that 12-month period.

3. For a new tenancy in which no Tenant from the prior tenancy remains, the Owner may establish the initial rate not subject to paragraph 1 of this section. Paragraph 1 of this section is only applicable to subsequent increases after the initial rental rate has been established.

V. JUST CAUSE REASONS FOR TERMINATION OF TENANCY

1. “At-Fault” Reasons:

A. Default in payment of rent.

B. Breach of a material term of the lease, as described in Code of Civil Procedure § 1161, paragraph (3), including but not limited to, violation of a provision of the lease after being issued a written notice to correct the violation. © 2023, California Association of REALTORS®, Inc.

RCJC REVISED 6/23 (PAGE 1 OF 2)
RENT CAP AND JUST CAUSE ADDENDUM (RCJC PAGE 1 OF 2)
Phone: Fax:

Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 01/29/2026 5890 Jersey Island Rd, Oakley, Ca 94561
Carlos Solis
City of Oakley
WEICHERT, REALTORS® - HH and Associates, 2170 Main St Suite C Oakley CA 94561 9258729625 9254011045 Jersey Is Rd David Hansen 60
C. Maintaining, committing, or permitting the maintenance of a nuisance as described in Code of Civil Procedure § 1161, paragraph (4).

D. Committing waste as described in Code of Civil Procedure § 1161, paragraph (4).

E. The Tenant had a written lease that terminated on or after January 1, 2020, and after a written request or demand from the Owner, the Tenant refused to execute a written extension or renewal of the lease for an additional term of similar duration with similar provisions, provided that those terms do not violate § 1946.1 or any other provision of law.

F. Criminal activity by the Tenant on the residential real property, including any common areas, or any criminal threat, as defined in Penal Code § 422, subdivision (a), directed to any Owner or agent of the Owner of the premises.

G. Assigning or subletting the premises in violation of the Tenant's lease.

H. The Tenant's refusal to allow the Owner to enter the residential real property pursuant to a request consistent with Civil Code §§ 1101.5 and 1954, and Health and Safety Code §§ 13113.7 and 17926.1.

I. Using the premises for an unlawful purpose as described in Code of Civil Procedure § 1161, paragraph (4).

J. When the Tenant fails to deliver possession of the residential real property after providing the Owner written notice of Tenant's intention to terminate the hiring of real property or makes a written offer to surrender that is accepted in writing by the Housing Provider, but fails to deliver possession at the time specified in that written notice.

2. “No-fault” Reasons:

A. Intent to occupy the residential real property by the Owner or their spouse, domestic partner, children, grandchildren, parents or grandparents (Owner/family move-in). Tenant and Owner hereby agree that the Owner shall have the right to terminate the lease if the Owner, or their spouse, domestic partner, children, grandchildren, parents or grandparents, unilaterally decide to occupy the residential property. Owner may terminate the lease at the end of a fixed term or any time during a month to month tenancy by giving the appropriate notice.

B. Withdrawal of the Premises from the rental market. Owner may terminate the lease at the end of a fixed term or any time during a month to month tenancy by giving the appropriate notice.

C. Unsafe habitation, as determined by a government agency that has issued an order to vacate, or to comply, or other order that necessitates vacating the residential property.

D. Intent to demolish or substantially remodel the residential real property. “Substantially remodel” means the replacement or substantial modification of any structural, electrical, plumbing, or mechanical system that requires a permit that cannot be accomplished in a safe manner with the Tenant in place, and that requires Tenant to vacate the residential real property for at least 30 days. Cosmetic improvements alone do not qualify.

3. Just Cause Notices:

A. Curable “At-Fault” Reasons: Before the Owner can terminate the tenancy for an At-Fault Just Cause violation that is curable, the Owner must first provide notice to cure giving the Tenant an opportunity to cure the violation pursuant to Code of Civil Procedure § 1161, paragraph (3).

B. Tenant Payments Pursuant to “No-Fault” Eviction: (1) If Owner issues a termination of tenancy under a NoFault Just Cause, Owner notifies Tenant of the right to direct payment relocation assistance equal to one month of the Tenant's rent in effect at the time of the termination and shall be provided within 15 calendar days of service of the notice. (2) In lieu of direct payment, Owner may waive the payment of rent for the final month of tenancy prior to the rent becoming due. The notice shall state the amount of rent waived and that no rent is due for the final month of tenancy.
*NOTE: Other exemptions under the Civil Code may apply. Additionally, this property may be subject to local rent cap and just cause eviction controls, which may impose additional restrictions. Housing Provider is strongly advised to seek counsel from a qualified California real estate attorney, who is familiar with the law where the property is located, prior to serving any notice.

The undersigned acknowledge a copy of this document and agree that the terms specified in Sections I, II(3), if checked, and V(3) are made a part of the lease or rental agreement specified above.

Tenant (Signature) Date
Tenant (Signature) Date
Housing Provider (Signature) Date

Housing Provider (Signature) Date

Published and Distributed by:

REAL ESTATE BUSINESS SERVICES, LLC.
a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® 525 South Virgil Avenue, Los Angeles, California 90020
RCJC REVISED 6/23 (PAGE 2 OF 2)
RENT CAP AND JUST CAUSE ADDENDUM (RCJC PAGE 2 OF 2)
Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com Carlos Solis
City of Oakley
Jersey Is Rd
61 OFFER OF TENANT POSITIVE RENTAL PAYMENT REPORTING
(C.A.R. Form TRPR, Revised 6/25)
The following terms and conditions are hereby incorporated in and made a part of the Residential Lease or Month-to-Month Rental Agreement, OR Residential Lease After Sale, Other (“Agreement”), dated , on property located at (Street Address)
(Unit/Apartment) (City) (State) (Zip Code) (“Premises”), between (“Tenant”)
and ("Housing Provider”).

The term “Housing Provider” may include Rental Property Owner or agent.

1. TENANT RIGHT TO REQUEST THAT HOUSING PROVIDER REPORT TENANT'S POSITIVE RENTAL PAYMENTS TO A NATIONWIDE CONSUMER REPORTING AGENCY:

A. Tenant has the right to request that Housing Provider report tenant's positive rental payment information to at least one nationwide consumer reporting agency. Positive rental payment information means information regarding a tenant's complete AND timely payment of rent (Civil Code § 1954.07).

B. Housing Provider shall comply with a tenant's request for positive rental payment information reporting to a nationwide reporting agency in either of the following two scenarios:
(1) If the Premises is located in a rental property that contains 16 or more residential units; OR (2) If the Premises is located in a rental property that contains 15 or fewer residential units and BOTH of the following apply:
(i) Housing Provider owns more than one residential rental property, regardless of the number of units; AND (ii) Housing Provider is a real estate investment trust, a corporation or a limited liability company in which at least one member is a corporation.

C. Housing Provider is not required to but may voluntarily comply with the tenant's request in other scenarios.

Notice of Exemption: Housing Provider is NOT required to report tenant's positive rental payment information to at least one nationwide consumer reporting agency. Housing Provider does not meet either of the criteria in paragraph 1B.

Instructions: Parties may skip paragraphs 2-9. Tenant signatures in paragraphs 10 or 11 are not needed and do not create a requirement for Housing Provider to comply with the request even if signed.

2. POSITIVE RENTAL INFORMATION REPORTING IS OPTIONAL: Tenant is not required to ask Housing Provider to report Tenant's positive rental payment information to a national reporting agency.

3. TIME TO REQUEST POSITIVE RENTAL INFORMATION REPORTING: Tenant may submit the election to have positive rental information reporting at any time.

4. DIRECTION TO STOP POSITIVE RENTAL INFORMATION REPORTING: If Tenant elects to have positive rental information reported, Tenant may instruct Housing Provider to stop positive rental payment information reporting at any time. However, if Tenant elects for Housing Provider to stop reporting positive rental payment information after previously electing to have such information reported, then Tenant may not require Housing Provider to resume positive rental information reporting for at least six months after making the request to opt-out of such reporting.

5. NAME(S) OF REPORTING AGENCIES: If Tenant elects positive rental information reporting, Housing Provider will report the information to the following consumer reporting agency(ies) TransUnion, Equifax, Experian, Other:
, Other: .

6. HOW TO OPT-IN TO POSITIVE RENTAL INFORMATION REPORTING: Tenant may elect to opt-in the positive rental information reporting by checking the Tenant Opt-In box in paragraph 10 below, signing and dating in that box, and A. Emailing a copy of this form with the Tenant Opt-In box completed to Housing Provider at the following email address:
;
OR B. This form was provided to Tenant by first-class United States mail. Tenant may opt-in to positive rental information reporting by mailing a copy of this form with the Tenant Opt-In box completed to Housing Provider, in the attached self-addressed, stamped envelope.

7. HOW TO OPT-OUT OF POSITIVE RENTAL INFORMATION REPORTING: Tenant may elect to opt-out of positive rental payment information reporting by checking the Tenant Opt-Out box in paragraph 11 below, signing and dating in that box, and A. Emailing a copy of this form with the Tenant Opt-Out box completed (or a separate document containing the same information, that is signed and dated by Tenant) to Housing Provider at the following email address:
;
OR B. Mailing a copy of this form with the Tenant Opt-Out box completed (or a separate document containing the same information, that is signed and dated by Tenant) to Housing Provider, at the following address:
.

8. ADDITIONAL COPIES OF THIS FORM: Tenant may request additional copies of the written election of positive rental payment information reporting from the Housing Provider at any time. A housing provider that receives a request from a tenant pursuant to this paragraph shall comply with the request.
© 2025, California Association of REALTORS®, Inc.

TRPR REVISED 6/25 (PAGE 1 OF 2)
OFFER OF TENANT POSITIVE RENTAL PAYMENT REPORTING (TRPR PAGE 1 OF 2) Phone: Fax:

Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com 01/29/2026 5890 Jersey Island Rd
Oakley Ca 94561
Carlos Solis
City of Oakley
WEICHERT, REALTORS® - HH and Associates, 2170 Main St Suite C Oakley CA 94561 9258729625 9254011045 Jersey Is Rd David Hansen
62 9. SERVICE FEE FOR POSITIVE RENTAL INFORMATION REPORTING: If Tenant opts-in to positive rental information reporting:

A. Tenant shall pay Housing Provider a monthly service fee of $ (not to exceed $10.00 or the actual cost, whichever is lower).

If the fee remains unpaid for 30 days or more, the Housing Provider may stop reporting the tenant's rental payments, and the tenant shall not elect positive rental payment information reporting again for a period of six months from the date on which the fee first became due.

OR B. No monthly service fee is required.

This form was provided to Tenant with a copy of the lease/rental agreement OR by first-class mail OR by email.

Housing Provider (Signature): Date:

Tenant acknowledges a copy of this Offer of Tenant Positive Rental Payment Reporting form. Tenant may use paragraphs 10 or 11 below to opt-in or opt-out of such reporting. If the Notice of Exemption box is checked in paragraph 1, then Housing Provider has no obligation to follow any such request.

Tenant (Signature): Date:

The following paragraphs may be used to Opt-In or Opt-Out of positive rental information reporting by the Housing Provider.

These may be done at the time of the lease or at any time during the tenancy, subject to the terms outlined in this form. If the Notice of Exemption box is checked in paragraph 1, then Housing Provider has no obligation to follow any such request, but may voluntarily do so.

10. OPT-IN to positive rental information reporting:

By signing below, Tenant acknowledges that they have read, understand, and have received a copy of this Offer of Tenant Positive Rental Payment Reporting.

Tenant elects to have Housing Provider report tenant positive rental payment information to the agencies specified above, agrees to pay the monthly fee above, if any, and understands that Tenant may withdraw this election at any time by following the Opt-Out procedure specified.

Tenant (Signature): Date:

11. OPT-OUT of positive rental information reporting:

By signing below, Tenant acknowledges that they have read, understand, and have received a copy of this Offer of Tenant Positive Rental Payment Reporting.

Tenant elects to have Housing Provider stop reporting tenant positive rental payment information to the agencies specified above.

Tenant (Signature): Date:

Tenant (Signature): Date:
© 2025, California Association of REALTORS®, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facsimile or computerized formats. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS®. NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORS®.

Published and Distributed by: REAL ESTATE BUSINESS SERVICES, LLC. a subsidiary of the California Association of REALTORS® TRPR REVISED 6/25 (PAGE 2 OF 2)
OFFER OF TENANT POSITIVE RENTAL PAYMENT REPORTING (TRPR PAGE 2 OF 2) Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com City of Oakley
Carlos Solis
Carlos Solis
Carlos Solis
Jersey Is Rd
63 FAIR HOUSING AND DISCRIMINATION ADVISORY
(C.A.R. Form FHDA, Revised 12/24)

1. EQUAL ACCESS TO HOUSING FOR ALL: All housing in California is available to all persons. Discrimination as noted below is prohibited by law. Resources are available for those who have experienced unequal treatment under the law.

2. FEDERAL AND STATE LAWS PROHIBIT DISCRIMINATION AGAINST IDENTIFIED PROTECTED CLASSES:

A. FEDERAL FAIR HOUSING ACT (“FHA”) Title VIII of the Civil Rights Act; 42 U.S.C. §§ 3601-3619; Prohibits discrimination in sales, rental or financing of residential housing against persons in protected classes; B. CALIFORNIA FAIR EMPLOYMENT AND HOUSING ACT (“FEHA”) California Government Code (“GC”) §§ 12900- 12996,12955; 2 California Code of Regulations (“CCR”) §§ 12005-12271; Prohibits discrimination in sales, rental or financing of housing opportunity against persons in protected classes by providers of housing accommodation and financial assistance services as related to housing;
C. CALIFORNIA UNRUH CIVIL RIGHTS ACT (“Unruh”) California Civil Code (“CC”) § 51; Prohibits business establishments from discriminating against, and requires full and equal accommodation, advantages, facilities, privileges, and services to persons in protected classes;
D. AMERICANS WITH DISABILITIES ACT (“ADA”) 42 U.S.C. §§ 12181-12189; Title III of the ADA prohibits discrimination based on disability in public accommodations; and
E. OTHER FAIR HOUSING LAWS: § 504 of Rehabilitation Act of 1973 29 U.S.C. § 794; Ralph Civil Rights Act CC § 51.7; California Disabled Persons Act; CC §§ 54-55.32; any local city or county fair housing ordinances, as applicable.

3. POTENTIAL LEGAL REMEDIES FOR UNLAWFUL DISCRIMINATION: Violations of fair housing laws may result in monetary civil fines, injunctive relief, compensatory and/or punitive damages, and attorney fees and costs.

4. PROTECTED CLASSES/CHARACTERISTICS: Whether specified in Federal or State law or both, discrimination against persons based on that person's belonging to, association with, or perceived membership in, certain classes or categories, such as the following, is prohibited. Other classes, categories or restrictions may also apply.

Race (and race traits) Color Ancestry National Origin Religion Age Sex, Sexual Orientation Gender, Gender Identity,
Gender expression
Marital Status Familial Status (family with
a child or children under
18)
Citizenship Immigration Status Primary Language Military/Veteran Status Source of Income (e.g., Section 8 Voucher)
Medical Condition Disability (Mental & Physical) Genetic Information Criminal History (nonrelevant convictions)Any Arbitrary Characteristic or Intersectionality

5. THE CALIFORNIA DEPARTMENT OF REAL ESTATE REQUIRES TRAINING AND SUPERVISION TO PREVENT HOUSING DISCRIMINATION BY REAL ESTATE LICENSEES:

A. California Business & Professions Code (“B&PC”) § 10170.5(a)(4) requires 3 hours of training on fair housing for DRE license renewal; Real Estate Regulation § 2725(f) requires brokers who oversee salespersons to be familiar with the requirements of federal and state laws relating to the prohibition of discrimination.

B. Violation of DRE regulations or real estate laws against housing discrimination by a real estate licensee may result in the loss or suspension of the licensee's real estate license. B&PC §10177(l)(1); 10 CCR § 2780

6. REALTOR® ORGANIZATIONS PROHIBIT DISCRIMINATION: NAR Code of Ethics Article 10 prohibits discrimination in employment practices or in rendering real estate license services against any person because of race, color, religion, sex, disability, familial status, national origin, sexual orientation, or gender identity by REALTORS®.

7. WHO IS REQUIRED TO COMPLY WITH FAIR HOUSING LAWS?
Below is a non-exclusive list of providers of housing accommodations or financial assistance services as related to housing who are most likely to be encountered in a housing transaction and who must comply with fair housing laws. ● Sellers ● Landlords/Housing Providers ● Sublessors
● Real estate licensees ● Real estate brokerage firms ● Property managers ● Mobilehome parks ● Homeowners Associations (“HOAs”); ● Banks and Mortgage lenders ● Insurance companies ● Government housing services ● Appraisers

8. EXAMPLES OF CONDUCT THAT MAY NOT BE MOTIVATED BY DISCRIMINATORY INTENT BUT COULD HAVE A DISCRIMINATORY EFFECT:

A. Prior to acceptance of an offer, asking for or offering buyer personal information or letters from the buyer, especially with photos.

Those types of documents may inadvertently reveal, or be perceived as revealing, protected status information thereby increasing the risk of (i) actual or unconscious bias, and (ii) potential legal claims against sellers and others by prospective buyers whose offers were rejected.

B. Refusing to rent (i) an upper-level unit to an elderly tenant out of concern for the tenant's ability to navigate stairs or (ii) a house with a pool to a person with young children out of concern for the children's safety.

9. EXAMPLES OF UNLAWFUL OR IMPROPER CONDUCT BASED ON A PROTECTED CLASS OR CHARACTERISTIC:

A. Refusing to negotiate for a sale, rental or financing or otherwise make a housing opportunity unavailable; failing to present offers due to a person's protected status;
B. Refusing or failing to show, rent, sell or finance housing; “channeling” or “steering” a prospective buyer or tenant to or away from a particular area due to that person's protected status or because of the racial, religious or ethnic composition of the neighborhood; C. “Blockbusting” or causing “panic selling” by inducing a listing, sale or rental based on the grounds of loss of value of property, increase in crime, or decline in school quality due to the entry or prospective entry of people in protected categories into the neighborhood;
D. Making any statement or advertisement that indicates any preference, limitation, or discrimination; © 2024, California Association of REALTORS®, Inc.

FHDA REVISED 12/24 (PAGE 1 OF 2)
FAIR HOUSING AND DISCRIMINATION ADVISORY (FHDA PAGE 1 OF 2) Phone: Fax:

Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com WEICHERT, REALTORS® - HH and Associates, 2170 Main St Suite C Oakley CA 94561 9258729625 9254011045 Jersey Is Rd David Hansen 64
E. Inquiring about protected characteristics (such as asking tenant applicants if they are married, or prospective purchasers if they have children or are planning to start a family);
F. Using criminal history information before otherwise affirming eligibility, and without a legally sufficient justification; G. Failing to assess financial standards based on the portion of the income responsible by a tenant who receives government subsidies (such as basing an otherwise neutral rent to income ratio on the whole rent rather than just the part of rent that is the tenant's responsibility);
H. Denying a home loan or homeowner's insurance;
I. Offering inferior terms, conditions, privileges, facilities or services; J. Using different qualification criteria or procedures for sale or rental of housing such as income standards, application requirements, application fees, credit analyses, sale or rental approval procedures or other requirements; K. Harassing a person;
L. Taking an adverse action based on protected characteristics; M. Refusing to permit a reasonable modification to the premises, as requested by a person with a disability (such as refusing to allow a tenant who uses a wheelchair to install, at their expense, a ramp over front or rear steps, or refusing to allow a tenant with a disability from installing, at their own expense, grab bars in a shower or bathtub); N. Refusing to make reasonable accommodation in policies, rules, practices, or services for a person with a disability (such as the following, if an actual or prospective tenant with a disability has a service animal or support animal):
(i) Failing to allow that person to keep the service animal or emotional support animal in rental property, (ii) Charging that person higher rent or increased security deposit, or (iii) Failing to show rental or sale property to that person who is accompanied by the service animal or support animal, and; O. Retaliating for asserting rights under fair housing laws.

10. EXAMPLES OF POSITIVE PRACTICES:

A. Real estate licensees working with buyers or tenants should apply the same objective property selection criteria, such as location/neighborhood, property features, and price range and other considerations, to all prospects.

B. Real estate licensees should provide complete and objective information to all clients based on the client's selection criteria.

C. Real estate licensees should provide the same professional courtesy in responding to inquiries, sharing of information and offers of assistance to all clients and prospects.

D. Housing providers should not make any statement or advertisement that directly or indirectly implies preference, limitation, or discrimination regarding any protected characteristic (such as “no children” or “English-speakers only”).

E. Housing providers should use a selection process relying on objective information about a prospective buyer's offer or tenant's application and not seek any information that may disclose any protected characteristics (such as using a summary document, e.g. C.A.R. Form SUM-MO, to compare multiple offers on objective terms).

11. FAIR HOUSING RESOURCES: If you have questions about your obligations or rights under the Fair Housing laws, or you think you have been discriminated against, you may want to contact one or more of the sources listed below to discuss what you can do about it, and whether the resource is able to assist you.

A. Federal: https://www.hud.gov/program_offices/fair_housing_equal_opp B. State: https://calcivilrights.ca.gov/housing/
C. Local: local Fair Housing Council office (non-profit, free service) D. DRE: https://www.dre.ca.gov/Consumers/FileComplaint.html E. Local Association of REALTORS®. List available at: https://www.car.org/en/contactus/rosters/localassociationroster.

F. Any qualified California fair housing attorney, or if applicable, landlord-tenant attorney.

12. LIMITED EXCEPTIONS TO FAIR HOUSING REQUIREMENTS: No person should rely on any exception below without first seeking legal advice about whether the exception applies to their situation. Real estate licensees are not qualified to provide advice on the application of these exceptions.

A. Legally compliant senior housing is exempt from FHA, FEHA and Unruh as related to age or familial status only; B. An owner of a single-family residence who resides at the property with one lodger may be exempt from FEHA for rental purposes, PROVIDED no real estate licensee is involved in the rental; C. An owner of a single-family residence may be exempt from FHA for sale or rental purposes, PROVIDED (i) no real estate licensee is involved in the sale or rental and (ii) no discriminatory advertising is used, and (iii) the owner owns no more than three single-family residences. Other restrictions apply; D. An owner of residential property with one to four units who resides at the property, may be exempt from FHA for rental purposes, PROVIDED no real estate licensee is involved in the rental; and E. Both FHA and FEHA do not apply to roommate situations. See, Fair Housing Council v Roommate.com LLC, 666 F.3d 1216 (2019).

F. Since both the 14th Amendment of the U.S. Constitution and the Civil Rights Act of 1866 prohibit discrimination based on race; the FHA and FEHA exemptions do not extend to discrimination based on race.

Buyer/Tenant and Seller/Housing Provider have read, understand and acknowledge receipt of a copy of this Fair Housing & Discrimination Advisory.

Buyer/Tenant Date
Buyer/Tenant Date
Seller/Housing Provider Date
Seller/Housing Provider Date
© 2024, California Association of REALTORS®, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facsimile or computerized formats. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS®. NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORS®.

Published and Distributed by: REAL ESTATE BUSINESS SERVICES, LLC. a subsidiary of the California Association of REALTORS® FHDA REVISED 12/24 (PAGE 2 OF 2)
FAIR HOUSING AND DISCRIMINATION ADVISORY (FHDA PAGE 2 OF 2) Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com Carlos Solis
City of Oakley
Jersey Is Rd 65
Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com Jersey Is Rd 66 Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com Jersey Is Rd 67 Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com Jersey Is Rd 68 Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com Jersey Is Rd 69 ADDENDUM No.
(C.A.R. Form ADM, Revised 6/25)
The following terms and conditions are hereby incorporated in and made a part of the Purchase agreement, OR Residential Lease or Month-to-Month Rental Agreement, Other ,
dated , on property known as
(“Property/Premises”),
between ("Buyer/Tenant")
and ("Seller/Housing Provider").

The term "Housing Provider" also includes Landlord or Rental Property Owner. Buyer/Tenant and Seller/Housing Provider are referred to as the “Parties.”
FORM USE NOTES: This form is intended to be used in Buyer-Seller or Tenant-Housing Provider transactions. For all other situations requiring an addendum, use an Addendum - Generic (C.A.R. form ADM-GEN). ● A change or addition to a previously provided Seller Property Questionnaire (SPQ), Real Estate Transfer Disclosure Statement (TDS), or other disclosure, may be made on an Amendment to Prior Disclosure (C.A.R. Form APD), and it may give the Buyer a right to rescind.
● To change the terms of already executed agreement, use the Amendment to Existing Agreement (C.A.R. form AEA).

By signing below, Buyer and Seller acknowledge that each has received a copy of this Addendum, and each has read, understands, and agrees to its terms.

Buyer/Tenant Date
Buyer/Tenant Date
Seller/Housing Provider Date
Seller/Housing Provider Date
© 2025, California Association of REALTORS®, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facsimile or computerized formats. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS®. NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORS®.

Published and Distributed by: REAL ESTATE BUSINESS SERVICES, LLC. a subsidiary of the California Association of REALTORS® ADM REVISED 6/25 (PAGE 1 OF 1)
ADDENDUM (ADM PAGE 1 OF 1)
Phone: Fax:

Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com A
X
January 29, 2026 5890 Jersey Island Rd
Oakley, Ca 94561
Carlos Solis
City of Oakley

1. Any approved pet(s) will be controlled within the home and yard.

2. Resident agrees to indemnify and hold landlord harmless from any and all claims made against them by reason of the admittance of a pet.

3. No smoking in the home or on the property.

4. Renters insurance is required per contract and Ridgewater Real Estate and Owner "City of Oakley" need to be listed as additional insured.

5. Utilities to be in tenants name
The following terms and conditions are added to the lease terms:

Use and Maintenance:

The Tenant is Responsible for the cleaning and maintaining of all items used by them to keep them in proper working condition as they were at the time of Move-in. This includes Faucets, Fixtures, Toilets, Drains, Switches, Bulbs, Appliances, Electrical Outlets, Doors, Windows, Screens, Blinds, Garage Remotes, Filters, Sprinkler Heads and any other items prone to wear and tear. The Owner is responsible for the HVAC, Water Heater, Roof and Structural items. Any item found not to be in proper working order by the Tenant must be reported within 30 days of move-in.

Carlos Solis
City of Oakley
WEICHERT, REALTORS® - HH and Associates, 2170 Main St Suite C Oakley CA 94561 9258729625 9254011045 Jersey Is Rd David Hansen
70 NOTICE OF CHANGE IN TERMS OF

TENANCY INSTRUCTIONS
THE TENANT PROTECTION ACT OF 2019, aka AB 1482, (“TPA”): The TPA (i) imposed limits on the amount a property owner can increase rent to a residential tenant (“Rent Cap”) and (ii) identified a limited number of reasons that a property owner may terminate a tenancy and evict a tenant (“Just Cause”). Exemptions exist to both the Rent Cap and Just Cause laws.

Common Exemptions: Under the TPA, the most common exemptions from just cause eviction laws are: (1) separately alienable single-family dwellings, including a condominium, as long as the property is not owned by ● a corporation: ● a limited liability company with a corporate member; or ● a real estate investment trust. For this exemption to apply, the Housing Provider must first give the tenant applicable notice of the exemption; (2) dwellings built in the previous 15 years prior to this notice; (3) a duplex in which one of the units was owner occupied at the commencement and throughout the tenancy; (4) single family owner occupied residences in which the owner rents no more than two units or bedrooms, including accessory dwelling units or junior accessory dwelling units; and (5) housing accommodations in which the tenant shares bathroom or kitchen facilities with the owner. Other exemptions may be applicable.

USE OF FORM AND TPA: In paragraph 1, identify if the Property or tenancy is covered by the TPA. If it is, fill out paragraph 2. If Property or tenancy is NOT covered by the TPA, fill out paragraph 3. This form is not intended for use in commercial tenancies and shall not be used if the tenant is a Qualified Commercial Tenant. If property owner is uncertain whether the property or tenancy is exempt from the TPA, property owner is advised to seek legal counsel from a qualified California real estate attorney who is familiar with the TPA.

USE OF FORM OR ALTERNATIVE: Housing Provider is advised to review the existing lease agreement and compare it with the most recent version available. Laws may have changed since the commencement of the lease. Further, the terms of the agreement may have been modified over time. Housing Provider is advised to seek legal counsel from a qualified local landlord tenant attorney about whether it is recommended to try to execute a new lease at this time or incorporate new terms as part of this Notice of Change in Terms of Tenancy.

LOCAL RENT AND EVICTION CONTROL WARNING: If the property where the Premises is located is subject to a city or county rent or eviction control ordinance or any eviction moratorium, or if housing provider does not know if the property is subject to a city or county rent or eviction control ordinance or moratorium, owner/agent is advised to seek legal counsel from a qualified local landlord tenant eviction attorney before serving this Notice.

REMOVE THIS INSTRUCTION PAGE

BEFORE SERVING THE ATTACHED
2-PAGE FORM.

Phone: Fax:

Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com WEICHERT, REALTORS® - HH and Associates, 2170 Main St Suite C Oakley CA 94561 9258729625 9254011045 Jersey Is Rd (5890) David Hansen
71 NOTICE OF CHANGE IN TERMS OF TENANCY
(C.A.R. Form CTT, Revised 6/23)
To: ("Tenant")
and any other occupant(s) in possession of the premises located at:
(Street Address) (Unit/Apartment #)
(City) (State) (Zip Code) ("Premises")
YOUR TENANCY IN THE PREMISES IS CHANGED AS FOLLOWS (All other terms and conditions of your tenancy shall remain unchanged):

The change shall take effect 30 days from service of this Notice or on , or as otherwise specified, whichever is later.

1. APPLICABILITY OF THE TENANT PROTECTION ACT OF 2019, aka AB 1482, ("TPA"):

The Property or tenancy IS covered by the TPA. See paragraph 2.

The Property and tenancy are NOT covered by the TPA. See paragraph 3.

2. PROPERTIES OR TENANCIES COVERED BY THE TPA: Housing Provider is advised to seek counsel from a qualified California real estate attorney before increasing the rent. Rental percentage increases referenced in this section are based on the increase from the lowest charged rent in the previous 12-month period.

A. Rent increase of 5% or less: The new rent shall be $ per month.

B. Rent increase more than 5% but NO MORE than the maximum allowed by the TPA. The maximum increase in rent allowed over the previous 12-month period is calculated by using a formula established in the TPA (Civil Code §1947.12(g)) but in no event greater than 10%. The new rent shall be $ per month.

3. PROPERTIES OR TENANCIES NOT SUBJECT TO THE TPA: Housing Provider is strongly advised to seek counsel from a qualified California real estate attorney who is familiar with the TPA before selecting either of the options below.

Rental percentage increases referenced in this section are based on the increase from the lowest charged rent in the previous 12-month period.

A. Rent increase of no more than 10%: The new rent shall be $ per month.

B. Rent increase greater than 10%: The new rent shall be $ per month. (Pursuant to California Civil Code §827, the change shall take effect 90 days from service of this Notice or on , whichever is later.)

4. ALL PROPERTIES
A. Security deposit shall be increased by $ .

B. Rent Cap and Just Cause Addendum (C.A.R. form RCJC) is attached and incorporated into the lease or rental agreement.

C. Other Changes not including rent:

Housing Provider (Owner or Agent) Date
Housing Provider (Owner or Agent) Date
Tenant acknowledges receipt of this notice of change in terms of tenancy. Note to Tenant: Once this Notice of Change in Terms of Tenancy has been delivered to you pursuant to paragraph 5, the specified change to your tenancy will take effect on the date identified before paragraph 1 even if you do not sign.

Tenant Date
Tenant Date
© 2023, California Association of REALTORS®, Inc.

CTT REVISED 6/23 (PAGE 1 OF 2)
NOTICE OF CHANGE IN TERMS OF TENANCY (CTT PAGE 1 OF 2)
Phone: Fax:

Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com Carlos Solis
5890 Jersey Island Rd
Oakley Ca 94561
04/01/2026
X
584.00
Carlos Solis
WEICHERT, REALTORS® - HH and Associates, 2170 Main St Suite C Oakley CA 94561 9258729625 9254011045 Jersey Is Rd David Hansen
72 5. DELIVERY OF NOTICE/PROOF OF SERVICE:

This Notice was served by , on (date)
In the following manner: (if mailed, a copy was mailed at (Location), on (enter date, if different from date on first line of this paragraph)) Emailing a notice does not satisfy the requirements of Code of Civil Procedure §§1162(a) or 1162(b).

If this notice is being used solely to change the amount of rent to be paid, the service should be done by either option A1 or A2, below. If this notice includes any change to the terms other than rent (even if rent is also being changed), then, to comply with state law, service attempts must be done in the following order: A1, then B, then C.

A1. Personal service. A copy of the Notice was personally delivered to the above named Tenant.

A2. Service by first class mail (for changes to rent only). A copy of the Notice was sent by first class mail, postage prepaid. Five additional days were provided for in the notice above if sent in California, ten (10) additional days if sent from another state, twenty (20) additional days if sent from outside of the United States.

B. NOTE: SUBSTITUTED SERVICE MAY BE USED IF THE TENANT IS ABSENT FROM THE TENANT'S RESIDENCE OR USUAL PLACE OF BUSINESS.

Substituted service (if change includes something other than rent). A copy of the Notice was left with a person of suitable age and discretion at the Tenant's residence or usual place of business and a copy was mailed, by first class mail, postage prepaid, to the Tenant at the Premises.

C. NOTE: POSTING AND MAILING OF THE NOTICE MAY BE USED ONLY IF THE TENANT'S RESIDENCE OR

USUAL PLACE OF BUSINESS CANNOT BE ASCERTAINED OR IF KNOWN THEN ONLY IF NO PERSON OF SUITABLE AGE AND DISCRETION CAN BE FOUND AT THOSE LOCATIONS.

Post and mail (if change includes something other than rent). A copy of the Notice was affixed to a conspicuous place on the Premises and a copy was mailed, by first class mail, postage prepaid, to the Tenant at the Premises.
(Signature of person serving Notice) (Date)
(Print Name)
(Keep a copy for your records.)
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