Agenda packet — Paramount City Council, July 28, 2026 (part 1 of 2)

Agenda
City Council
July 28, 2026
Regular Meeting - City Hall Council Chamber - 5:00 PM
16400 Colorado Avenue Paramount, CA 90723 (562) 220-2000 www.paramountcity.gov

PUBLIC PARTICIPATION NOTICE
In-person Attendance: The public may attend the City Council meetings in-person.

View the City Council meeting live stream:
• YouTube Channel https://www.youtube.com/user/cityofparamount • Spectrum Cable TV Channel 36
Electronic Participation Information:

Join Zoom Meeting from PC, Laptop or Phone: https://us06web.zoom.us/j/89366891403 Meeting ID: 893 6689 1403
Teleconference Dial In: +1 669 444 9171, 893 6689 1403
Public Comments: Members of the public wanting to address the City Council, either during public comments or for a specific agenda item, or both, may do so by the following methods:
• In-Person
If you wish to make a statement, please complete a Speaker’s Card prior to the commencement of the Public Comments period of the meeting. Speaker’s Cards are located at the entrance. Give your completed card to a staff member and when your name is called, please go to the podium provided for the public. • Participate Remotely via Zoom (or telephone)
To provide public comment remotely, join the meeting using the Zoom link or telephone number. When the Mayor announces the public comment period or the applicable agenda item, click the “Raise Hand” button in Zoom. If participating by telephone, press *9 to raise your hand. When it is your turn to speak, City staff will announce your name or the last three digits of your telephone number and unmute your microphone. If you are participating by telephone, you may need to press *6 to unmute yourself. Please state your name for the record before making your comments. • E-mail: [email protected]
E-mail public comments must be received by 15 minutes prior to the start of the meeting. The e-mail should specify the following information: 1) Full Name; 2) City of Residence; 3) Phone Number; 4) Public Comment or Agenda Item No; 5) Subject; 6) Written Comments.

All public comments are limited to a maximum of three (3) minutes unless an extension is granted. No action may be taken on items not on the agenda except as provided by law. All public comments will be recorded and rules of decorum and procedures for the conduct of City meetings will apply when addressing the City Council.

Any document distributed to a majority of the City Council regarding any item on this agenda after distribution of the agenda packet will be made available in the City Clerk’s office during normal business hours at City Hall located at 16400 Colorado Ave., Paramount, CA 90723. In addition, such documents will be posted on the City’s website at www.paramountcity.gov/government/city-council/meeting-agendas-minutes/.

Americans with Disabilities Act: In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Clerk’s office at (562) 220-2225 at least 48 hours prior to the meeting to enable the City to make reasonable arrangements to ensure accessibility to this meeting.

Note: Physical hard copies of agenda items are on file in the City Clerk’s office and are available for public inspection during normal business hours. Materials related to an item on this Agenda submitted after distribution of the agenda packet are also available for public inspection during normal business hours in the City Clerk’s office. The office of the City Clerk is located at City Hall, 16400 Colorado Avenue, Paramount.

Agenda July 28, 2026
Regular Meeting City Council Page 2
CALL TO ORDER: Mayor Brenda Olmos
PLEDGE OF ALLEGIANCE:

ROLL CALL OF
COUNCILMEMBERS:

Councilmember Isabel Aguayo
Councilmember Annette C. Delgadillo
Councilmember Peggy Lemons
Vice Mayor Vilma Cuellar Stallings
Mayor Brenda Olmos

PRESENTATIONS

1. VIDEO STATER BROS. MARKETS GRAND REOPENING CELEBRATION

CITY COUNCIL PUBLIC COMMENT UPDATES

PUBLIC COMMENTS

CONSENT CALENDAR
All items under the Consent Calendar may be enacted by one motion. Any item may be removed from the Consent Calendar and acted upon separately by the City Council.

2. APPROVAL FIFTH AMENDMENT TO AGREEMENT WITH TRIPEPI SMITH &

ASSOCIATES FOR COMMUNICATIONS CONSULTING

SERVICES
Recommended Action: Approve the Fifth Amendment to the
Agreement with Tripepi Smith & Associates for communications consulting services and authorize the City Manager to execute the Amendment.

3. APPROVAL SECOND AMENDMENT TO AGREEMENT WITH VIDIFLO, LCC

FOR AUDIO-VISUAL MAINTENANCE AND SUPPORT SERVICES
Recommended Action: Approve the Second Amendment to the Agreement with Vidiflo, LLC for audio-visual maintenance and support services and authorize the City Manager to execute the Amendment.

4. RESOLUTION
26:031

CONSIDERATION OF A RESOLUTION AUTHORIZING

INVESTMENT OF MONIES IN THE LOCAL AGENCY

INVESTMENT FUND
Recommended Action: Adopt Resolution No. 26:031, authorizing the investment of City monies in the Local Agency Investment Fund.

5. RESOLUTION
26:029

CONSIDERATION OF AN INTERFUND LOAN BETWEEN THE

GENERAL FUND AND THE WATER FUND
Recommended Action: Adopt Resolution No. 26:029, approving an interfund loan between the General Fund and the Water Fund.

Agenda July 28, 2026
Regular Meeting City Council Page 3

6. APPROVAL FOURTH AMENDMENT TO AGREEMENT WITH INFINITY

TECHNOLOGIES FOR INFORMATION TECHNOLOGY

SERVICES
Recommended Action: Approve the Fourth Amendment to the Agreement with Infinity Technologies for Information Technology Services and authorize the City Manager to execute the
Amendment.

7. AUTHORIZATION AUTHORIZATION OF AFTER-THE-FACT EMERGENCY REPAIR

SERVICES FOR WATER MAIN REPAIR ON ORIZABA AVENUE

AND SOMERSET BOULEVARD
Recommended Action: 1) Approve an additional budget
adjustment of $262,500 from the Water Fund for Fiscal Year 2025- 2026 and; 2) Authorize the after-the-fact emergency repair services for the water main break at the intersection of Somerset Boulevard and Orizaba Avenue in the amount of $352,402.58.

8. APPROVAL MAYOR’S APPOINTMENT – CLEAN POWER ALLIANCE

ALTERNATE DIRECTOR
Recommended Action: Approve the appointment of Michelle Tse as the Mayor’s appointment to serve as alternate director on the Clean Power Alliance Board of Directors.

NEW BUSINESS

9. ORAL REPORT POLLING RESULTS – COMMERCIAL AND INDUSTRIAL PARCEL

TAX MEASURE

10. PUBLIC HEARING DISCUSSION AND CONSIDERATION REGARDING PLACING A PARCEL TAX MEASURE ON THE NOVEMBER 2026 BALLOT
Recommended Action: Open the public hearing and take public testimony. Following the public hearing, City Council direction is requested.

If the City Council’s direction is to not proceed with the proposed parcel tax on commercial/industrial properties, the City Council would take no further action and receive and file this report. If the City Council’s direction is to proceed with submitting the proposed parcel tax measure for commercial/industrial properties to the voters, then City Council should take the following actions:

A. Adopt Resolution No. 26:032 “A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF PARAMOUNT, CALIFORNIA,

CALLING AND PROVIDING FOR A SPECIAL MUNICIPAL
ELECTION TO BE HELD ON TUESDAY, NOVEMBER 3, 2026

FOR THE SUBMITTAL OF A SPECIAL PARCEL TAX BALLOT
MEASURE TO THE VOTERS”
Agenda July 28, 2026
Regular Meeting City Council Page 4
B. Adopt Resolution No. 26:033 “A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF PARAMOUNT, CALIFORNIA,

REQUESTING THE BOARD OF SUPERVISORS OF THE

COUNTY OF LOS ANGELES TO CONSOLIDATE THE CITY OF
PARAMOUNT’S SPECIAL MUNICIPAL ELECTION TO BE
HELD ON TUESDAY, NOVEMBER 3, 2026 WITH THE

STATEWIDE GENERAL ELECTION BEING HELD ON THE

SAME DATE PURSUANT TO ELECTIONS CODE SECTION
10403”
C. Adopt Resolution No. 26:034 “A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF PARAMOUNT, CALIFORNIA,

APPROVING THE PARAMOUNT SPECIAL PARCEL TAX

MEASURE, WHICH WOULD IMPOSE A SPECIAL PARCEL
TAX BETWEEN 8¢ and 13¢ PER SQUARE FOOT ON

INDUSTRIAL AND COMMERCIAL PROPERTIES WITH

ANNUAL ADJUSTMENTS, AND ORDERING THE SUBMITTAL

OF SAID MEASURE TO THE VOTERS AT THE SPECIAL
MUNICIPAL ELECTION TO BE HELD ON NOVEMBER 3, 2026”
D. Authorize a member (or members) of the City Council to submit an argument in favor of the ballot measure, if desired at this time. (If not, no action is required)

11. APPROVAL APPOINTMENT OF CITY COMMISSIONERS
Recommended Action: Review and approve the appointment of City Commissioners.

12. ORAL REPORT UPDATE ON CITY COUNCIL GOALS

ENVIRONMENTAL SUSTAINABILITY NEW BUSINESS
NONE.

SUCCESSOR AGENCY FOR THE PARAMOUNT REDEVELOPMENT AGENCY - CONSENT

CALENDAR
SA1. AWARD OF

CONTRACT
AGREEMENT WITH TIERRA WEST ADVISORS, INC. FOR

RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS)

ADVISORY SERVICES
Recommended Action: Approve the agreement with Tierra West Advisors, Inc. for Recognized Obligation Payment Schedule (ROPS) advisory services and authorize the City Manager to make final changes to the agreement that do not change the proposed rates in a form approved by the City Attorney.

Agenda July 28, 2026
Regular Meeting City Council Page 5
SA2. RESOLUTION
26:002

CONSIDERATION OF A RESOLUTION AUTHORIZING

INVESTMENT OF MONIES IN THE LOCAL AGENCY

INVESTMENT FUND
Recommended Action: Adopt Resolution No. SAPRA 26:002
authorizing the investment of Successor Agency monies in the Local Agency Investment Fund.

PARAMOUNT HOUSING AUTHORITY - CONSENT CALENDAR
HA1. RESOLUTION
HA 2-26

CONSIDERATION OF A RESOLUTION AUTHORIZING

INVESTMENT OF MONIES IN THE LOCAL AGENCY

INVESTMENT FUND
Recommended Action: Adopt Housing Authority Resolution No.

HA 2-26 authorizing the investment of the Paramount Housing Authority's monies in the Local Agency Investment Fund.

COMMENTS/COMMITTEE REPORTS

CLOSED SESSION

ADJOURNMENT
To a meeting on August 11, 2026 at 6:00 PM in the Council Chamber at City Hall, 16400 Colorado Ave., Paramount, CA
To: Honorable City Council
From: John Moreno, City Manager
By: Heidi Luce, City Clerk
Date: July 28, 2026
SUBJECT: STATER BROS. MARKETS GRAND REOPENING CELEBRATION A video highlighting the Stater Bros. Markets Grand Reopening Celebration will be shared.

City Council Public Comment Updates
July 28, 2026
From the July 14th City Council Meeting:

Commenter Request/Issue/Concern Action/Comment
Benjamin Cruz,
Resident of 8152
McKinley Avenue
Shared concerns regarding
permits issued for his
apartment complex.

Planning and Building staff met
with Mr. Cruz on Tuesday, July
21st and will continue addressing
his concerns regarding the City’s
permit issuance process.

To: Honorable City Council
From: John Moreno, City Manager
By: Grissel Chavez, Assistant City Manager
Pauline Jauregui, Communications &
Engagement Manager
Date: July 28, 2026
SUBJECT: FIFTH AMENDMENT TO AGREEMENT WITH TRIPEPI SMITH &

ASSOCIATES FOR COMMUNICATIONS CONSULTING SERVICES

BACKGROUND
Since 2016, Tripepi Smith & Associates, Inc. (Tripepi Smith) has provided strategic communications, graphic design, and public affairs consulting services for the City. The City initially contracted with Tripepi Smith to assist staff with strengthening its communications strategies and processes to effectively engage with residents and businesses. As the City’s communications needs have evolved, Tripepi Smith’s scope of services have expanded to effectively serve as the City’s expert consultant on several key communication campaigns and initiatives including the Climate Action Plan, Organics recycling mandates, and Explore Paramount small business promotions. On August 8, 2023, the City Council approved a new three-year agreement with Tripepi Smith for communications consulting services in an annual amount of $140,316 plus CPI increases.

Under the existing contract, Tripepi Smtih provides daily social media monitoring, City Council meeting broadcasting and video production services, development and regular maintenance of the City’s environmental website, creation of public service announcements and materials for new Organics Recycling mandates and drought restrictions, cable channel management and content creation, metrics reporting, and other digital and communication services as needed. Lastly, Tripepi Smith also provided education and information services for the City’s November 2024 ballot measure LR (business license tax structure reform), which was successful in getting passed by the Voters.

DISCUSSION
Under the Fifth Amendment, the City and Tripepi Smith agree to extend the existing Agreement, as amended, for an additional one-year term. This extension continues the communications services already provided to the City, ensuring uninterrupted support for ongoing initiatives and maintaining services. The annual compensation of $161,196 includes a fixed annual cost as well as services billed on a time and materials basis, as needed. The proposed amendment also includes a contingency amount up to $25,000 for other unforeseen service needs.

Agenda Report July 28, 2026
FIFTH AMENDMENT – TRIPEPI SMITH Page 2
For this reason, staff recommends extending the agreement through August 16, 2027.

This term would be considered Year 4 of the agreement. In accordance with the agreement, for this fourth year, Tripepi Smith would adjust its rates and fees by the national BLS Consumer Price Index (CPI), reflecting a CPI adjustment of 4.2%. This extension would allow Tripepi Smith to continue delivering essential communications services without interruption, ensuring the City’s ongoing initiatives are effectively supported.

FISCAL IMPACT
Funding for the services covered by this proposed amendment have been included in the FY 2026-27 operating budget.

VISION, MISSION, VALUES, AND STRATEGIC OUTCOMES
The City’s Vision, Mission, and Values set the standard for the organization, establish priorities, uniformity and guidelines; and provide the framework for policy decision making. The Strategic Outcomes were implemented to provide a pathway to achieving the City’s Vision. This item aligns with Strategic Outcome No 6: Efficient, Effective, and Fiscally Responsible - Deliver an efficient and effective City government in a fiscally responsible, transparent and collaborative manner.

RECOMMENDED ACTION
Approve the Fifth Amendment to the Agreement with Tripepi Smith & Associates for communications consulting services and authorize the City Manager to execute the Amendment.
1/2025 Version 1.0

FIFTH AMENDMENT TO AGREEMENT FOR PROFESSIONAL COMMUNICATION

CONSULTANT SERVICES
This FIFTH Amendment to that certain Agreement for Professional Communication Consultant Services dated August 17, 2023 ("AGREEMENT"), is by and between the City of Paramount, a municipal corporation in Los Angeles County ("CITY"), a municipal corporation, and Tripepi, Smith & Associates, a California corporation ("CONSULTANT"). Amendment No. 5 shall be effective as of August 17, 2026.

RECITALS
WHEREAS, entered into the AGREEMENT on August 17, 2023, and subsequently approved the First, Second, Third, and Fourth Amendments; and WHEREAS, CONSULTANT has continued to provide communications support to CITY under the existing AGREEMENT; and
WHEREAS, CONSULTANT has requested a one-year extension of the AGREEMENT for the period of August 17, 2026 through August 16, 2027 (“Year 4”), with corresponding rate adjustments in accordance with the national BLS Consumer Price Index (CPI); and WHEREAS, CITY desires to extend the AGREEMENT for an additional one-year term under the updated rates and fees; and
WHEREAS, the proposed contract extension, rates, and total contract value reflect a CPI adjustment of 4.2% as set forth in Exhibit A.

NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS:

1. Exhibit “A” of the AGREEMENT is hereby amended to incorporate the updated rates and fees for the August 17, 2026 – August 16, 2027 contract term.

2. Section 2(a) of the AGREEMENT, “Compensation,” is hereby amended to read as follows:
(a) Except as otherwise provided herein, CITY agrees to pay CONSULTANT as full compensation for all services and duties performed in accordance with the rates set forth in Exhibit “A.” The total compensation to be paid under this AGREEMENT shall not exceed $479,072.72, which represents $140,316 under the initial AGREEMENT, $42,000 under the FIRST AMENDMENT, $29,051 under the SECOND AMENDMENT, $40,960 under the THIRD AMENDMENT, $65,550 under the FOURTH AMENDMENT, and $161,195.72 under this FIFTH AMENDMENT.

In addition, throughout the remaining term of this AGREEMENT, when there is a need for additional services as set out in a written change order between the City and Consultant, the City Manager may approve additional compensation for such additional services in an amount not to exceed $25,000 per year or ten (10) percent of the total contract sum for that year, whichever is less. Each such change order shall be attached to this AGREEMENT as an addition to Exhibit “A.”
1/2025 Version 1.0

3. Except as herein modified, all other provisions of the AGREEMENT, FIRST AMENDMENT, SECOND AMENDMENT, THIRD AMENDMENT, and FOURTH AMENDMENT shall remain unmodified and continue in full force and effect.

4. This FIFTH AMENDMENT may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument. A facsimile signature shall be deemed an original signature.

IN WITNESS HEREOF, the CITY and CONTRACTOR have executed this FIFTH AMENDMENT as of the date of execution by all Parties.

CITY OF PARAMOUNT TRIPEPI SMITH & ASSOCIATES
By: By:

John Moreno, City Manager Ryder Todd Smith, President
ATTEST:

By:

Heidi Luce, City Clerk
APPROVED AS TO FORM:

By:

Nicholas R. Ghirelli, City Attorney
1/2025 Version 1.0
Attachment 1

SCOPE OF WORK
To: Honorable City Council
From: John Moreno, City Manager
By: Grissel Chavez, Assistant City Manager
Andres Gonzalez, Management Analyst
Date: July 28, 2026
SUBJECT: SECOND AMENDMENT TO AGREEMENT WITH VIDIFLO, LCC FOR

AUDIO-VISUAL MAINTENANCE AND SUPPORT SERVICES

BACKGROUND
Since 2018, the City has relied on Vidiflo, LLC of Long Beach, CA as its provider for audiovisual (AV) maintenance and support services. On July 25, 2023, the City entered into a Professional Services Agreement with Vidiflo for a three-year term, with the option to extend for two additional one-year terms. The initial amount was not to exceed $28,536 in the first year, with CPI-based rate increases in subsequent years. Vidiflo’s services ensure reliable operation of AV systems during City Council meetings, as well as City events and meetings at various facilities as needed. The First Amendment addressed necessary AV hardware/equipment replacement and expanded compensation for equipment/system failures/malfunctions, on an as needed basis. The Second Amendment is proposed to align the Agreement’s scope and pricing with Vidiflo’s services needed/anticipated for one additional year through July 24, 2027, ensuring continued, mission-critical AV support for City meetings and facilities.

DISCUSSION
This amendment would incorporate the service levels, staffing, and rates outlined in Vidiflo’s proposal. Key provisions include:
• CIty Council Meeting Day Coverage: Two Council meeting days per month, providing a morning system check and evening meeting support. • Emergency Response: On-site response within 1.5 hours. • Telephone Technical Support
• Equipment and Materials: Repairs or replacements of worn hardware/equipment, or new equipment to enhance functionality/performance, with City pre-approval.
• Remote Support Enablement: City-furnished local PC with Wi-Fi/Internet and VPN/remote access for systems capable of connectivity.
• Staffing: One primary engineer and one back-up technician available for on-site and remote support.

Agenda Report July 28, 2026
VIDIFLO SECOND AMENDMENTJULY 28, 2026 Page 2
• Chamber AV System - Subscription Service Annual fees: Cablecast Reflect service with cloud-based storage operating with Cablecast Live and Cablecast VOD software.

FISCAL IMPACT
Funds for the scope of services has been included in the FY 2026-27 operating budget.

The annual cost not to exceed $30,900 includes Council meeting coverage and software service fees (estimated at $20,900), and other as needed services, emergency response, technical support, and equipment/material billed on time and material basis (estimated at $10,000).

RECOMMENDED ACTION
Approve the Second Amendment to the Agreement with Vidiflo, LLC for audio-visual maintenance and support services and authorize the City Manager to execute the Amendment.
1/2025 Version 1.0

SECOND AMENDMENT TO AGREEMENT BETWEEN THE CITY OF PARAMOUNT AND

VIDIFLO, LLC FOR AUDIO-VISUAL MAINTENANCE AND SUPPORT SERVICES This SECOND Amendment to that certain Agreement for Audio-Visual Maintenance and Support Services dated July 25, 2023 (“AGREEMENT”), is by and between the City of Paramount, a municipal corporation in Los Angeles County (“CITY”), and Vidiflo, LLC, a California limited liability company (“CONSULTANT”). This Second Amendment shall be effective as of the date of execution by all Parties.

RECITALS
WHEREAS, CITY entered into the AGREEMENT with CONSULTANT on July 25, 2023, for audio-visual maintenance and support services and subsequently approved Amendment No. 1 on October 8, 2024, which authorized the purchase and installation of a Cablecast Omni server and additional compensation for unforeseen AV system needs; and WHEREAS, CONSULTANT has continued to provide audio-visual maintenance, meeting support, emergency response services, preventive maintenance, and remote technical support to CITY under the existing AGREEMENT; and WHEREAS, CONSULTANT has requested a one-year extension of the AGREEMENT for the period of July 25, 2026 through July 24, 2027 (“Year 4”), with corresponding rate adjustments in accordance with the Consumer Price Index (CPI); and WHEREAS, CITY desires to extend the AGREEMENT for an additional one-year term under the updated rates and fees; and
WHEREAS, the updated service schedule and pricing reflect CONSULTANT’s current operational costs, staffing levels, and equipment support structure necessary to ensure reliability and performance of CITY’s AV systems.

NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS:

1. Exhibit “A” of the AGREEMENT is hereby amended to incorporate the updated rates and fees for the July 25, 2026 through July 24, 2027 contract term.

2. Section 2(a) of the AGREEMENT, “Compensation,” is hereby amended to read as follows:
(a) Except as otherwise provided herein, CITY agrees to pay CONSULTANT as full compensation for all services and duties performed in accordance with the rates set forth in Exhibit “A.” The total compensation to be paid under this AGREEMENT shall not exceed $99,942, which represents $28,536 under the initial AGREEMENT, $50,506 under the FIRST AMENDMENT, and $20,900 under this SECOND AMENDMENT.

In addition, throughout the remaining term of this AGREEMENT, when there is a need for additional services as set out in a written change order between the City and Consultant, the City Manager may approve additional compensation for such additional services in an amount not to exceed $10,000 per year or ten (10) percent of the total 1/2025 Version 1.0
contract sum for that year, whichever is less. Each such change order shall be attached to this AGREEMENT as an addition to Exhibit “A.”

3. Except as herein modified, all other provisions of the AGREEMENT, and FIRST AMENDMENT, shall remain unmodified and continue in full force and effect.

4. This SECOND AMENDMENT may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument. A facsimile or electronic signature shall be deemed an original signature.

IN WITNESS HEREOF, the CITY and CONTRACTOR have executed this SECOND AMENDMENT as of the date of execution by all Parties.

CITY OF PARAMOUNT VIDIFLO
By: By:

John Moreno, City Manager Rich Rosenwig, Owner
ATTEST:

By:

Heidi Luce, City Clerk
APPROVED AS TO FORM:

By:

Nicholas R. Ghirelli, City Attorney
1/2025 Version 1.0
Attachment 1

SCOPE OF WORK
Rates for Services
a. Meeting Days – 2/ Month
i. Morning System Check $175.00/Hr. $350.00; Minimum 2 Hrs. ii. Evening Meeting. $175.00/Hr. $350.00; Minimum 2 Hrs Minimum 2 Hrs. $700.00/Meeting Day
Total $16,800.00/Year
Subscription Service Fees- Cablecast
Cablecast Reflect+ Annual Cloud-based REFLECTion service with cloud-based storage and delivery operating inconjunction with both Cablecast Live and Cablecast VOD software. Content is pushed to REFLECT+ eliminating the need to open a port in your Firewall. Includes full closed captioning text search with video indexing. Includes annual Branded OTT and Mobile APP renewal fees. Also includes 10TB of online storage. Additional storage available in 1TB increments (CBL-REFLECT-PLUS-ADDTB). Serves a virtually unlimited number of live and VOD streams over the web, OTT and Mobile apps.

Includes up to 3 live streaming Channels.

Renews annually at $4,100 per year.
1/2025 Version 1.0
To: Honorable City Council
From: John Moereno, City Manager
By: Lana Dich, Finance Director
Anthony Martinez, Financial Services Manager
Date: July 28, 2026
SUBJECT: CONSIDERATION OF A RESOLUTION AUTHORIZING INVESTMENT OF

MONIES IN THE LOCAL AGENCY INVESTMENT FUND

BACKGROUND
The City invests public funds in accordance with applicable state and local laws to ensure prudent financial management, maintain sufficient liquidity to meet daily cash flow needs, and achieve the objectives established in the City’s Investment Policy. These investments are managed in accordance with the “Prudent Investor Standards,” which emphasize the primary objectives of safety, liquidity, and return on investment. The Finance Director is responsible for investing the unexpended funds in the City Treasury.

Annually, the City submits a copy of the investment policy to the Local Agency Investment Fund (LAIF) as an authorization for staff to invest funds with LAIF. The LAIF is a voluntary investment program established by the California Legislature in 1977 as an investment alternative for California’s local governments and special districts.

DISCUSSION
State law requires participating agencies to adopt a resolution authorizing the deposit and withdrawal of the funds in LAIF. Since 2007, LAIF has required local agencies to submit an authorizing resolution, rather than a copy of the investment policy, to identify the officials authorized to conduct transactions on behalf of the agency.

In accordance with Government Code Section 16429.1, for the purpose of investment with LAIF, the Resolution before the City Council designates the Finance Director, Finance Manager, and Accounting Manager as the Paramount officers authorized to order the deposit or withdrawal of City, Housing Authority, and Successor Agency funds in the Local Agency Investment Fund. This resolution does not replace the City’s Investment Policy but satisfy LAIF’s authorization requirements and ensure the City remains eligible to participate in the program.

Agenda Report July 28, 2026
RESOLUTION NO. 26:031 Page 2

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

RECOMMENDED ACTION
Adopt Resolution No. 26:031, authorizing the investment of City monies in the Local Agency Investment Fund.

CITY OF PARAMOUNT

LOS ANGELES COUNTY, CALIFORNIA
RESOLUTION NO. 26:031

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

PARAMOUNT, CALIFORNIA, AUTHORIZING INVESTMENT OF MONIES

IN THE LOCAL AGENCY INVESTMENT FUND
WHEREAS, Pursuant to Chapter 730 of the statutes of 1976 Section 16429.1 was added to the California Government Code to create a Local Agency Investment Fund in the State Treasury for the deposit of money of a local agency for purposes of investment by the State Treasurer; and
WHEREAS, the City Council does hereby find that the deposit and withdrawal of money in the Local Agency Investment Fund in accordance with the provisions of Section 16429.1 of the Government Code for the purpose of investment as stated therein as in the best interests of the City of Paramount.

NOW THEREFORE, BE IT RESOLVED, that the City Council of the City of Paramount does hereby authorize the deposit and withdrawal of City of Paramount monies in the Local Agency Investment Fund in the State Treasury in accordance with the provisions of Section 16429.1 of the Government Code for the purpose of investment as stated therein, and verification by the State Treasurer’s Office of all banking information provided in that regard.

BE IT FURTHER RESOLVED, that the following City of Paramount officers or their successors in office shall be authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund:

Lana Dich Anthony Martinez Gustavo Medrano
Name Name Name
Finance Director Finance Manager Accounting Manager
Title Title Title
PASSED, APPROVED, and ADOPTED by the City Council of the City of Paramount this 28th day of July 2026.

Brenda Olmos, Mayor
ATTEST:

Heidi Luce, City Clerk
To: Honorable City Council
From: John Moreno, City Manager
By: Lana Dich, Finance Director
Anthony Martinez, Financial Services Manager
Date: July 28, 2026
SUBJECT: CONSIDERATION OF AN INTERFUND LOAN BETWEEN THE GENERAL

FUND AND THE WATER FUND

BACKGROUND
The Water Enterprise Fund has experienced operating deficits for the past two fiscal years and is projected to continue operating at a deficit in FY 2026-27. The operating deficits are primarily attributable to higher imported water costs, delays in bringing Water Well 16 into service, and the phased implementation of revenue enhancements associated with the City's Advanced Metering Infrastructure (AMI) project. These factors have reduced the Water Fund's net operating revenues and affected its ability to meet certain financial obligations, including the debt service coverage requirements under the City's loan agreements with the California Infrastructure and Economic Development Bank (I-Bank).

In May 2010, an Enterprise Fund Installment Sale Agreement was executed between the City of Paramount and the California Infrastructure and Economic Development Bank (“IBank”) for a $5,500,000 loan under the Bergeson-Pearce Infrastructure and Economic Development Bank Act. The Agreement between I-Bank and the City was a loan to construct a water well and other water treatment facilities. The loan is to be repaid by August 2039, over 30 years at 3.31% annual interest. The City has pledged net system revenues of the Water Fund to the repayment of the note. As of June 30, 2024, the outstanding balance is $3,655,036.

In May 2018, another agreement was made between I-Bank and the City for a loan of $6,700,000 to construct Water Well 16 and other water treatment facilities. The loan is to be repaid by August 2047, over 30 years at 3.03% annual interest. The City has pledged net system revenues of the Water Fund to the repayment of the note. As of June 30, 2024, the outstanding balance is $5,916,554. The Installment Sales Agreement required the City to demonstrate that Net System Water Enterprise Revenues will exceed 1.2 Maximum Annual Debt Service (MADS) in any future fiscal year.

Due to various factors, the operation of Water Well 16 was delayed for a few years and the City had to purchase costlier imported water to meet the daily demand of residents and businesses. The unanticipated imported water expense had increased the annual operating costs by approximately $2 million per year. In addition, on December 12, 2023, Agenda Report July 28, 2026
RESOLUTION NO. 26:029 Page 2
the City Council approved the financing of $11,236,354 to purchase and install Advanced Metering Infrastructure (AMI) water meters in an effort to improve water revenue collection, conservation and operational efficiencies.

The $11.2 million, 20-year term loan is to be repaid utilizing the savings recovered from the accuracy of the residential and commercial water bills and the City’s reduced maintenance cost. Moreover, the City Council gave staff policy direction to phase in full cost recovery of the increased water bills over a 12-month period. These combined factors led the Water Fund to the point that the net revenue from the operation will be insufficient to meet the debt service coverage ratio required for the I-Bank agreements.

In FY 2024, the City Council approved two interfund loans of $850,000 each for FY 2024 and FY 2025 from the General Fund to the Water Fund after staff recommended the interfund loans to provide cashflow for operating expenditures and satisfy the debt service coverage ratio required by I-bank. The proposed loan terms contain a simple interest of 4%, which will begin to accrue on July 1, 2026, and the Water Fund is to fully repay the General Fund by June 30, 2026, or have a repayment schedule in place by then. The interfund loans are considered interest-free if fully repaid within two years.

DISCUSSION
To continue providing cash flow needs and maintaining debt service coverage ratio compliance required by its lending agency, staff recommends approving an additional $850,000 interfund loan from the General Fund to the Water Fund for FY 2026-27. The proposed loan bears simple interest at 3.75%, reflecting the Federal Open Market Committee (FOMC) federal funds rate. Interest will begin to accrue starting July 28, 2026, and the Water Fund is to fully repay the General Fund by June 30, 2028, with an interestbearing repayment schedule in place.

Currently, the City is in the fifth and final year of the 5-year phase-in of water rate increases, which became effective in January 2022. Along with the AMI meters, the final remedial action of the City’s financial recovery efforts is to continue conducting a comprehensive Water Rate Study to reevaluate the water rates and recommend appropriate actions necessary to ensure long-term sustainability of the City’s Water operation including its ability to repay its debt obligations to both I-Bank and the City’s General Fund.

FISCAL IMPACT
Staff recommend a $850,000 interfund loan for FY 2026-27 from the General Fund to the Water Fund to assist the Water Fund with its cashflow needs for operating expenditures and debt coverage ratio obligations. The Water Fund is to fully repay the General Fund by June 30, 2028, with an interest-bearing repayment schedule in place; however, the repayment is unsecured and subordinate to the payment of all I-Bank loan obligations.

Agenda Report July 28, 2026
RESOLUTION NO. 26:029 Page 3

RECOMMENDED ACTION
Adopt Resolution No. 26:029, approving an interfund loan between the General Fund and the Water Fund.

CITY OF PARAMOUNT

LOS ANGELES COUNTY, CALIFORNIA
RESOLUTION NO. 26:029

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARAMOUNT

APPROVING AN INTERFUND LOAN BETWEEN THE GENERAL FUND

AND THE WATER FUND
WHEREAS, In May 2010, an Enterprise Fund Installment Sale Agreement was executed between the City of Paramount and the California Infrastructure and Economic Development Bank (“I-Bank”) for a $5,500,000 loan under the Bergeson-Pearce Infrastructure and Economic Development Bank Act to construct a water well and other water treatment facilities; the loan is to be repaid by August 2039 and currently has a balance of approximately $3.6 million as of June 30, 2024; and WHEREAS, thereafter, the City and I-Bank entered into an additional Installment Sales agreement for $6,700,000 to construct Water Well 16 and other water treatment facilities, which is to be repaid by August 2047 and the City has pledged net system revenues of the Water Fund to the repayment of the loan, which currently has a balance of approximately $5.9 million as of June 30, 2024; and
WHEREAS, according to the Installment Sales Agreements, the City must demonstrate that Net System Water Enterprise Revenues will exceed 1.2 Maximum Annual Debt Service (MADS) in any fiscal year; and
WHEREAS, because of various factors, the operation of Water Well 16 was delayed for a few years and the City had to purchase costlier imported water to meet the daily demand of residents and businesses. The unanticipated imported water expense had increased the annual operating costs by approximately $2 million per year; and WHEREAS, on December 12, 2023, the City Council also approved the financing of a 20-year term loan for $11,236,354 to purchase and install Advanced Metering Infrastructure (AMI) water meters in an effort to improve water revenue collection, conservation and operational efficiencies, which is to be repaid utilizing the savings recovered from the accuracy of the residential and commercial water bills and the City’s reduced maintenance cost; and
WHEREAS, per City Council direction, full cost recovery of the increased water bills phasing in over a 12-month period means the Water Fund will not immediately recover sufficient revenues; and
WHEREAS, for all of these reasons, the Water Fund’s net revenues from its operations will be insufficient to meet the debt service coverage ratio required for the IBank agreements; and RESOLUTION NO. 26:029

Page 2 ends

WHEREAS, the City Council approved two interfund loans of $850,00 each for FY 2024 and FY 2025 from the General Fund to the Water Fund after staff recommended the interfund loans to provide cashflow for operating expenditures and satisfy the debt service coverage ratio required by I-bank; and
WHEREAS, the City Council approved an additional interfund loan of $850,000 for FY 2026 from the General Fund to the Water Fund after staff recommended the interfund loan to provide cashflow for operating expenditures and satisfy the debt service coverage ratio required by I-bank; and
WHEREAS, the City General Fund therefore will lend the Water Fund an additional $850,000 loan in Fiscal Year 2026-27 on the terms and conditions set out in the Agreement Regarding Interfund Loan Between Water Fund and General Fund attached as Attachment “A”; and
WHEREAS, the Water Fund shall provide the City with an interest-bearing repayment schedule as described in the Agreement, which includes a 3.75% interest rate that reflects the Federal Open Market Committee (FOMC) for federal funds rate and will begin to accrue starting July 28, 2026. The repayment shall occur to the extent that any net revenues are available after payment of all operating expenses and installment payments required to be paid under the Installment Sale Agreements with the I-Bank; and WHEREAS, the obligation of the Water Enterprise Fund to repay the General Fund shall be subordinate to its obligations under the Installment Sale Agreements.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARAMOUNT AS FOLLOWS:

SECTION 1. The above recitations are true and correct.

SECTION 2. The City Council finds that it is necessary to provide such interfund loans from the General Fund to the Water Fund on the terms set out in the Agreement to meet the terms and conditions of the I-Bank agreements, to support upgrades to the water system and to benefit water customers and the residents of the City.

SECTION 3. The City Council approves the Agreement Regarding Interfund Loan Between Water Fund and General Fund attached and incorporated as Attachment “A” and authorizes and directs the City Manager or designee to carry out its terms and conditions.

SECTION 4. This Resolution shall take effect immediately upon its adoption.

RESOLUTION NO. 26:029

Page 3 ends

PASSED, APPROVED, and ADOPTED by the City Council of the City of Paramount this 28th day of July 2026.

Brenda Olmos, Mayor
ATTEST:

Heidi Luce, City Clerk
1 Agreement Regarding Interfund Loan Between Water Fund and General Fund This Agreement is between the Water Fund (“Water Fund”) and the City of Paramount through its General Fund (“General Fund”), as approved by the City of Paramount City Council (“City Council”) effective as of July 28, 2026.

Recitals
A. In May 2010, an Enterprise Fund Installment Sale Agreement was executed between the City of Paramount and the California Infrastructure and Economic Development Bank (“I-Bank”) for a $5,500,000 loan under the Bergeson-Pearce Infrastructure and Economic Development Bank Act to construct a water well and other water treatment facilities; the loan is to be repaid by August 2039 and currently has a balance of approximately $3,655,036 as if June 30, 2024; and B. In May 2018, another agreement was made between I-Bank and the City for a loan of $6,700,000 to construct Water Well 16 and other water treatment facilities. The loan is to be repaid by August 2047, over 30 years at 3.03% annual interest. The City has pledged net system revenues of the Water Fund to the repayment of the note. As of June 30, 2024, the outstanding balance is $5,916,554.

C. Per the Installment Sales Agreement, the City is required to demonstrate that Net System Water Enterprise Revenues will exceed 1.2 Maximum Annual Debt Service (MADS) in any future fiscal year.

D. Due to various factors, the operation of Water Well 16 was delayed for a few years and the City had to purchase costlier imported water to meet the daily demand of residents and businesses. The unanticipated imported water expense had increased the annual operating costs by approximately $2 million per year.

E. On December 12, 2023, the City Council approved the financing of $11,236,354 to purchase and install Advanced Metering Infrastructure (AMI) water meters in an effort to improve water revenue collection, conservation and operational efficiencies. The $11.2 million, 20-year term loan is to be repaid utilizing the savings recovered from the accuracy of the residential and commercial water bills and the City’s reduced maintenance cost. However, the full installation of the AMI meters is not expected to be completed until July 2025, and in addition, the City Council gave staff policy directions to phase in full cost recovery of the increased water bills over a 12-month period.

F. These conditions led the Water Fund to the point that the net revenues from the operation will be insufficient to meet the debt service coverage ratio required for the I-Bank agreements.

G. The City Council approved two interfund loans of $850,000 each for FY 2024 and FY 2025 from the General Fund to the Water Fund after staff recommended the 2 interfund loans to provide cashflow for operating expenditures and satisfy the debt service coverage ratio required by I-bank; and
H. The City Council approved an additional interfund loan of $850,000 for FY 2026 from the General Fund to the Water Fund after staff recommended the interfund loan to provide cashflow for operating expenditures and satisfy the debt service coverage ratio required by I-bank; and
I. The City Council now wishes to document an interfund loan agreement between the Water Fund and General Fund for FY 2027.

Now, therefore, the Parties agree as follows:

1. Recitals. The Recitals set out above are true and correct.

2. Interfund Loan: Effective as of the date of this Agreement, the City Council authorizes an interfund loan to the Water Fund and the recognition of debt between the General Fund and Water Fund in the amount of $850,000 for FY 2026-27 (the “Loan Amount”).

A. Debt to the City: Any and all such Loan Amounts shall become a debt of the Water Fund to the General Fund at the time they are due and shall be shown as such on the City books, records and budget.

B. Interest: The City shall charge interest on the interfund loan at the rate of 3.75% simple interest per annum reflective of the Federal Open Market Committee (FOMC) for federal funds rate. The loan will bear interest commencing on July 28, 2026. Interest accrual will only be on the outstanding principal balance of the loan.

C. Debt Service Schedule. The Water Fund shall provide the City with an interest-bearing repayment schedule as described in Exhibit A, which includes the 3.75% interest rate set out in (B) above. The Water Fund is to fully repay the General Fund by June 30, 2028, with an interestbearing repayment schedule. The repayment shall occur to the extent any net revenues are available after payment of all operating expenses and installment payments required to be paid under the Installment Sale Agreements with the I-Bank. The obligation of the Water Enterprise Fund to repay the General Fund shall be subordinate to its obligations under the Installment Sale Agreements.

3. Water Rate Study. In Fiscal Year 2025-26, the Finance Department underwent a Comprehensive Water Rate Study to determine the most appropriate water rates for the next five years.
3 4. Term. This Agreement shall continue until terminated by mutual written agreement of the City and Water Fund.

5. Miscellaneous. This Agreement may be amended only in writing, executed by both Parties. No waiver of any term or conditions of this Agreement shall be a continuing waiver thereof.
4 Exhibit A
Repayment Schedule
Original Loan 850,000.00$
Loan Term (Years) 2
Annual Interest Rate 3.75%
Payments per Year 1
Payment 432,822.09$
Year Beginning Balance Interest Principal Payment Ending Balance 1 $850,000.00 $31,875.00 $417,177.91 $432,822.09 820,707.22$ 2 $432,822.09 $16,230.83 $432,822.09 $0.00 790,315.96$
FY 27 Interfund Loan between Water Fund and General Fund To: Honorable City Council
From: John Moreno, City Manager
By: Grissel Chavez, Assistant City Manager
Andres Gonzalez, Management Analyst
Date: July 28, 2026
SUBJECT: FOURTH AMENDMENT TO AGREEMENT WITH INFINITY

TECHNOLOGIES FOR INFORMATION TECHNOLOGY SERVICES

BACKGROUND
On August 2, 2022, the City entered into an Agreement with Infinity Technologies for IT management consulting services for an initial three-year period, with an option to extend for two additional one-year periods. The Agreement has since been amended for the adjustment of rates, term extension, and added scope to include camera system management, and emergency investigation and ongoing monitoring following a cybersecurity incident.

DISCUSSION
The proposed Fourth Amendment extends services through August 1, 2027 and updates the scope to add increased camera system management support inclusive of Paramount Park and Progress Park; maintain cybersecurity and Microsoft 365 protection services; and add IT support during City Council meetings given new requirements from SB 707.

The annual compensation of $479,331 includes both fixed annual fees as well as services billed on a time and materials basis, as needed.

The proposed amendment also includes a contingency amount up to $25,000 for other unforeseen service needs.

Annual Fees Amount
Managed IT Services $376,404
Camera System Management $18,480
Cybersecurity & Microsoft 365 Protection – subscription fees $72,447
City Council Meeting Technology Support (Estimated) $12,000 Total Annual Fees $479,331
Agenda Report July 28, 2026
FOURTH AMENDMENT TO INFINITY TECHNOLOGIES AGREEMENT Page 2 Approval of the proposed Fourth Amendment ensures the City continues to receive the comprehensive technology support needed to maintain reliable IT operations, strengthen cybersecurity protections, and meet emerging service and legislative requirements.

Extending this agreement with Infinity Technologies will allow the City to sustain high quality technology management while preserving continuity of service across all departments. Approval of this amendment will help safeguard the City’s systems, support critical public facing functions, and uphold the organization’s commitment to efficient, effective, and fiscally responsible operations.

FISCAL IMPACT
Funding for the proposed IT services are included in the adopted FY 2026–27 budget.

RECOMMENDED ACTION
Approve the Fourth Amendment to the Agreement with Infinity Technologies for Information Technology Services and authorize the City Manager to execute the Amendment.
1/2025 Version 1.0

FOURTH AMENDMENT TO AGREEMENT BETWEEN THE CITY OF PARAMOUNT AND

INFINITY TECHNOLOGIES FOR INFORMATION TECHNOLOGY SUPPORT SERVICES This FOURTH Amendment to that certain Agreement for Information Technology Support Services dated July 28, 2026 (“AGREEMENT”), is by and between the City of Paramount, a municipal corporation in Los Angeles County (“CITY”), and Infinity Technologies, a California corporation (“CONSULTANT”). This FOURTH Amendment shall be effective as of July 1, 2026.

RECITALS
WHEREAS, CITY entered into the AGREEMENT with CONSULTANT on August 2, 2022 for information technology (IT) support services; and WHEREAS, CITY subsequently approved the First, Second, and Third Amendments, which continued managed IT Services, incorporated updated service levels, extended term, and included compensation adjustments; and
WHEREAS, CONSULTANT has continued to provide managed IT services, camera system administration, cybersecurity services, cybersecurity and software protection, technical support, under the existing AGREEMENT; and
WHEREAS, CONSULTANT submitted an updated proposal outlining updated rates, expanded camera system management locations, continued cybersecurity and software protection services, and new City Council meeting technology support; and WHEREAS, CITY desires to amend the AGREEMENT to extend the term for one additional year and incorporate the updated fees, services, and scope; and WHEREAS, the updated scope and pricing reflects CONSULTANT’s current operational costs, staffing levels, cybersecurity and software needs, camera system expansion, and technology support resources necessary to ensure reliability of CITY’s information systems.

NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS:

1. Exhibit “A” of the AGREEMENT is hereby amended to incorporate the updated rates, fees and additional scope of work as described in Attachment 1, for the August 2, 2026 through August 1, 2027 contract term. For purposes of this Fourth Amendment, a fiscal year shall mean August 2, 2026 to August 1, 2027.

2. Section 2(a) of the Original Agreement is amended to include expanded security camera management annual support fee of Five Thousand Two Hundred Eighty dollars ($5,280); cybersecurity/software protection annual subscription fees of Seventy Two Thousand Four Hundred Forty Seven Dollars ($72,447); and IT staffing support during City Council meetings for an estimated fee of Twelve Thousand Dollars ($12,000), as additional compensation for the Additional Services. The total annual compensation under the Agreement, including compensation for Additional Services but excluding contingency, shall be Four Hundred Seventy-Nine Thousand Three Hundred Thirty-One Dollars ($479,331).
1/2025 Version 1.0

3. Throughout the remaining term of the AGREEMENT, additional IT services not included in Exhibit “A” may be authorized through written change orders. The City Manager may approve additional compensation for a change order(s) up to a total of $25,000 in the fiscal year. Each approved change order shall be attached to this AGREEMENT as an addition to Exhibit “A.”

4. Except as herein modified, all other provisions of the AGREEMENT, and FIRST, SECOND, and THIRD AMENDMENTS shall remain unmodified and continue in full force and effect.

5. This FOURTH AMENDMENT may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument. A facsimile or electronic signature shall be deemed an original signature.

IN WITNESS HEREOF, the CITY and CONTRACTOR have executed this FOURTH AMENDMENT as of the date of execution by all Parties.

CITY OF PARAMOUNT INFINITY TECHNOLOGIES,
By: By:

John Moreno, City Manager Mohammad Ahmed, President
ATTEST:

By:

Heidi Luce, City Clerk
APPROVED AS TO FORM:

By:

Nicholas R. Ghirelli, City Attorney
1/2025 Version 1.0
Attachment 1

SCOPE OF WORK
1/2025 Version 1.0
To: Honorable City Council
From: John Moreno, City Manager
By: Adriana Figueroa, Public Works Director
Date: July 28, 2026
SUBJECT: AUTHORIZATION OF AFTER-THE-FACT EMERGENCY REPAIR

SERVICES FOR WATER MAIN REPAIR ON ORIZABA AVENUE AND

SOMERSET BOULEVARD

BACKGROUND
The City is committed to maintaining a safe, reliable, and well-maintained water system that supports the daily needs of residents, businesses, and visitors. Through proactive maintenance and timely repairs, the City works to ensure the continued operation of its water distribution system and minimize service interruptions whenever possible.

Like many municipalities, the City’s water infrastructure age over time and may become susceptible to unexpected failures. On June 5, 2026, a water main break occurred at the intersection of Orizaba Avenue and Somerset Boulevard. The break required an immediate emergency response to isolate the damaged section of the water system, restore water service, and protect surrounding public infrastructure from further damage.

Given the nature of the emergency and extent of the damage, repair efforts began immediately and continued over several non-consecutive days. Crews worked to excavate the damaged pipeline, replace the failed section of water main, remove debris, and restore the affected area. City staff worked diligently with multiple contractors to complete the repairs safely and in a timely manner.

Although water service was restored promptly, roadway restoration remains necessary to permanently repair the excavation area and restore the roadway to conditions that meet City standards. Given the critical nature of the repairs necessary to address an unforeseen emergency, which could not be delayed without risking additional damage to the City’s water system and public infrastructure, the work was authorized immediately.

Staff is now requesting after-the-fact City Council authorization for the emergency repair services associated with the water main break.

DISCUSSION
Following the water main break, City staff immediately evaluated the extent of the damage and determined that specialized contractors were needed to complete the emergency response. As such, Valverde Construction, Inc. was retained to perform the emergency Agenda Report July 28, 2026
AUTHORIZE AFTER-THE-FACT EMERGENCY REPAIR SERVICES Page 2 excavation and water main repairs, while Ocean Blue Environmental Services, Inc. provided cleanup services necessary to address water, debris, and site conditions resulting from the incident.

Although the emergency response began immediately following the water main break, the full repairs and clean up were completed in phases over multiple non-consecutive days. As a result, the work spans through two fiscal years. Emergency repairs and cleanup services completed during Fiscal Year (FY) 2025-26 total $262,402.58, including $205,740.62 for emergency water repairs performed by Valverde Construction, Inc. and $56,661.96 for emergency cleanup services provided by Ocean Blue Environmental Services, Inc. The final phase of this project, completed during the current FY 2026-27, by Valverde Construction, Inc., consisted of permanent roadway restoration at a cost of approximately $90,000. The roadway restoration work was a cost estimate provided by the contractor; the work was recently completed so City staff has not yet received the final invoice.

Pursuant to Chapter 3.12 of the Paramount Municipal Code, emergency purchases are exempt from competitive bidding and City Council approval when the Purchasing Officer determines that emergency conditions require the immediate procurement of goods or services. The Municipal Code defines emergency purchases as those procurements necessary to prevent the immediate interruption or cessation of essential City services or to safeguard life, property, public health, or public welfare.

The total cost of this work exceeds the City Manager’s purchasing authority threshold.

Therefore, this item is being presented to the City Council for approval of the emergency repair services and associated expenditures.

FISCAL IMPACT
An additional budget adjustment of $262,500 from the Water Fund is needed for Fiscal Year (FY) 2025-26 to cover emergency water main repair and clean-up costs resulting from the water main break that occurred prior to June 30, 2026. Although funding was included in the FY 2025-26 Public Works Water Distribution budget, emergency expenditures exceeded the adopted budget.

There is no additional budget request for FY 2026-27. Funding for the permanent roadway restoration during FY 2026-27, estimated at approximately $90,000, is included in the adopted FY 2026-27 Public Works Water Distribution budget. The final invoice has not yet been received. Therefore, the amount shown reflects the contractor’s estimated cost.

Agenda Report July 28, 2026
AUTHORIZE AFTER-THE-FACT EMERGENCY REPAIR SERVICES Page 3 The total estimated project cost of $352,402.58 is summarized below:

Vendor FY Fund Division Account Amount
Valverde
Construction,
Inc.
2027 511 –
Water
Fund
5224 – Water
Distribution
5272 – Operation
Maintenance
Services – Routine
and emergency
distribution system
repairs
$ 90,000
Ocean Blue
Environmental
Services, Inc.
2026 511 –
Water
Fund
5224 – Water
Distribution
5272 – Operation
Maintenance
Services – Routine
and emergency
distribution system
repairs
$ 56,661.96
Valverde
Construction,
Inc.
2026 511 –
Water
Fund
5224 – Water
Distribution
5272 – Operation
Maintenance
Services – Routine
and emergency
distribution system
repairs
$205,740.62
EXPENSE TOTAL: $352,402.58

VISION, MISSION, VALUES, AND STRATEGIC OUTCOMES
The City’s Vision, Mission, and Values set the standard for the organization, establish priorities, uniformity and guidelines; and provide the framework for policy decision making. The Strategic Outcomes were implemented to provide a pathway to achieving the City’s Vision. This item aligns with Strategic Outcome No 1: Safe Community - Provide a safe place to live, work, and visit. 5: Attractive and Well-Maintained Infrastructure - Develop and maintain City-owned infrastructure, parks, facilities, and amenities that enhance quality of life and the attractiveness of the community.

RECOMMENDED ACTION
1) Approve an additional budget adjustment of $262,500 from the Water Fund for Fiscal Year 2025-2026 and; 2) Authorize the after-the-fact emergency repair services for the water main break at the intersection of Somerset Boulevard and Orizaba Avenue in the amount of $352,402.58.

To: Honorable City Council
From: John Moreno, City Manager
By: Heidi Luce, City Clerk
Date: July 28, 2026
SUBJECT: MAYOR’S APPOINTMENT – CLEAN POWER ALLIANCE ALTERNATE

DIRECTOR

BACKGROUND
The City is a member of the Clean Power Alliance (CPA), an organization that partners with municipalities to help bring access to renewable energy to Southern California communities. CPA is a not-for-profit electricity provider that invests in the communities it serves by funding customer programs to help consumers save money, creating resiliency projects that strengthen critical infrastructure, and training the local workforce for jobs in renewable energy. CPA is governed by a board of directors comprised of local officials representing the communities it serves.

DISCUSSION
Councilmember Peggy Lemons currently serves as the City’s delegate to the CPA Board of Directors and two staff members from the Public Works department serve as alternate delegates. Public Works Director Adriana Figueroa currently serves as an alternate director, but with her upcoming retirement, a new alternate needs to be appointed. Mayor Olmos proposes to appoint Interim Public Works Director Michelle Tse to replace Adriana Figueroa.

FISCAL IMPACT
None.

Agenda Report July 28, 2026
MAYOR’S APPOINTMENT – CPA ALTERNATE DIRECTOR Page 2

RECOMMENDED ACTION
Approve the appointment of Michelle Tse as the Mayor’s appointment to serve as alternate director on the Clean Power Alliance Board of Directors.

To: Honorable City Council
From: John Moreno, City Manager
By: Grissel Chavez, Assistant City Manager
Lana Dich, Finance Director
Date: July 28, 2026
SUBJECT: POLLING RESULTS – COMMERCIAL AND INDUSTRIAL PARCEL TAX

MEASURE
During the October 14, 2025 City Council special meeting discussing the topic of revenue enhancement measures, City Council gave direction for staff to further explore the presented options, including the possibility of a new sales tax and parcel tax. The Council considered pursuing possible revenue enhancement measures in order to address a growing structural deficit with the General Fund. The City regularly evaluates cost saving measures in order to avoid the need for additional revenue. However, additional revenue is needed in order to maintain the high-quality services that Paramount residents expect.

On October 28, 2025, City Council also authorized the City Manager to enter into an agreement with Fairbank, Maslin, Maulin, Metz, & Associates (FM3) to conduct community polling services to determine the viability of such measures being placed on the 2026 ballot. Polling for potential sales tax and parcel tax measures was subsequently conducted in January 2026. Due to the County pursuing a sales tax increase on the same June 2026 ballot, the City decided not to pursue its own sales tax measure.

On March 10, 2026, staff presented City Council additional details on a potential parcel tax applied to industrial and commercial parcels, through a three phase tiered approach to ease the immediate financial impact on property owners. Following Council direction, FM3 conducted polling for the proposed parcel tax measure in April 2026. The results of the poll showed favorable support for the tax.

On June 9, 2026, City Council approved an agreement amendment with FM3 to conduct a secondary poll survey for the proposed parcel tax. Subsequently, FM3 conducted its polling in early Jully, for the potential parcel tax on commercial and industrial properties, for consideration of placement on the ballot at the November 3, 2026 election.

At tonight’s City Council meeting, FM3 will present an oral report that details the results of the poll.

REVISED JULY 27, 2026
To: Honorable City Council
From: John Moreno, City Manager
By: Grissel Chavez, Assistant City Manager
Lana Dich, Finance Director
Date: July 28, 2026
SUBJECT: DISCUSSION AND CONSIDERATION REGARDING PLACING A PARCEL TAX MEASURE ON THE NOVEMBER 2026 BALLOT

BACKGROUND
The City of Paramount faces ongoing fiscal challenges as costs to provide public safety, infrastructure improvements, and environmental compliance outpace projected revenues.

The General Fund, which supports essential services such as law enforcement, street maintenance, and economic development, is projected to incur a cumulative deficit of $27.7 million over the next ten years if no corrective actions are taken. In FY 2026-27, General Fund expenses are projected at $49.4 million, while revenues are projected at $48.8 million, resulting in a $545,000 budget gap.

Over the past year, City staff and the City Council have actively explored multiple revenue enhancement options to address Paramount’s projected fiscal gap:
• October 14, 2025: At a Revenue Enhancement Workshop, staff presented four options for new revenue streams, including a parcel tax, sales tax increase, utility user tax (UUT) increase, cannabis licensing, and business license tax changes.

The City Council requested deeper analysis of parcel tax tiering and equity considerations, including evaluation based on sales tax contribution. • February 3, 2026: Staff returned to Council to address prior inquiries and discuss strategies for easing the financial impact of a parcel tax on property owners. The City Council directed staff to explore implementation strategies, including a phasein approach. • March 10, 2026: Staff presented a three-year phase-in strategy for a possible parcel tax (65% → 80% → 100%). The City Council authorized community surveys to gauge sentiment for potential placement on the November 2026 ballot.

Throughout these meetings, the following options were reviewed and discussed:
• Sales Tax Increase: Not viable due to declining sales tax revenue and changing consumer behavior. The City Council noted volatility and unreliability of sales tax as a revenue source.

Agenda Report July 28, 2026
CONSIDERATION OF A PAREL TAX MEASURE Page 2
• Utility User Tax (UUT) Increase: Highly sensitive to economic fluctuations; not reliable for long-term fiscal stability.
• Business License Tax Increase: Updated in 2024 to improve equity among businesses but not intended for additional revenue generation. The City Council determined that further increases would disproportionately impact small businesses.
• General Obligation Bond: Would increase long-term debt without providing ongoing operational revenue for maintenance.
• Cannabis Tax: Minimal revenue potential due to market saturation and limited local market.
• Special Assessment District: Complex formation process, majority owner protest threshold, and limited fund allocation flexibility. • Parcel Tax on commercial/industrial properties: City has the authority to levy a parcel tax on real property within the City. A parcel tax may not be based on the assessed value of the property and must be levied for one or more specific purposes. Adoption of a parcel tax requires approval by at least two-thirds of the voters voting on the ballot measure.

DISCUSSION
After reviewing these alternatives, the City Council, at its March 10, 2026 meeting, recommended further evaluation of a parcel tax focused on commercial, industrial, and vacant commercial/industrial properties. Residential properties would not be subject to this tax; the reason being those services funded by the proposed special parcel tax, including roadway improvements, environmental monitoring, police services, and business redevelopment, would be either intended to support commercial and industrial uses or to offset impacts caused by those uses. For example, and as explained further below, roadway maintenance would directly benefit businesses heavily reliant on trucking, while also offsetting the roadway impacts caused by those trucks. And, air quality monitoring paid for by the City has historically been used to monitor emissions from certain industrial uses. In addition, the voters of Paramount voted for an increase in sales tax in 2022 through Measure Y, which is a tax paid for by residents and non-residents who shop in Paramount, but in large part not paid by industrial and commercial uses (or vacant properties). For these reasons the potential parcel tax is not proposed to be levied on residential properties.

Paramount receives only 6.7% of property taxes paid within city limits, placing it in the “Low Tax” category compared to neighboring cities (e.g., Long Beach receives 21%), as shown in the below chart. It is important to note that not all commercial and industrial businesses pay sales tax, further limiting revenue for city services.

Agenda Report July 28, 2026
CONSIDERATION OF A PAREL TAX MEASURE Page 3
The City recognizes that commercial and industrial businesses are vital to Paramount’s economy, providing jobs and services. However, these sectors also contribute significantly to street wear and tear, particularly from heavy truck traffic. The transportation funding from several sources (i.e. gas tax, county transportation funds) available for street maintenance and rehabilitation is insufficient to fully implement the City’s Pavement Management Program. The City’s 2023 Pavement Management Study estimates $43 million in needed repairs for arterial and collector streets serving business corridors. Deferred maintenance increases costs annually; for example, a $6.5 million street project in 2026 would rise to $7.3 million if delayed to 2028. Construction costs and ongoing maintenance continue to increase, while existing transportation revenue remains limited. As a result, the City's dedicated transportation funds will continue to be prioritized for the repair and rehabilitation of local and residential streets, leaving a significant funding gap for the maintenance and improvement of the City's major arterial roadways.

Based on research and evaluation efforts, below are details for a proposed parcel tax structure:

Proposed Parcel Tax Structure
• Rates:
o Commercial: $0.08 per square foot
o Industrial: $0.11 per square foot
o Vacant Commercial/Industrial: $0.13 per square foot
• 3 year Phase-In:
o Year 1: 65% of full rate
o Year 2: 80%
o Year 3+: 100%
o Annual CPI adjustment capped at 3%
Agenda Report July 28, 2026
CONSIDERATION OF A PAREL TAX MEASURE Page 4
o Oversight: Independent committee to review expenditures and report annually
• Audit: the tax would be subject to independent audits and public reporting requirements.
• Affected Parcels: 1,061 (378 commercial, 579 industrial, 104 vacant) • Estimated Annual Revenue: $4 million
Comparison to Other Cities
• Santa Fe Springs implemented a parcel tax for industrial and commercial properties in 2024, generating $6 million annually with a 2% yearly increase. • Vernon has a parcel tax for industrial, commercial, and vacant land, generating over $16 million annually
Impact on Parcel Owners
• Small Parcels (228–1,178 sq ft): $23–$97 annually per parcel, on the lowest range
• Large Commercial Parcels: Up to $103,000 annually per parcel, on the highest range
• Distribution:
o 80% of affected property owners would pay $5,000 or less per year o 90% would pay $10,000 or less per year
Use of Parcel Tax Revenue
Funds generated from the proposed parcel tax would be invested in four key areas:

1. Roads & Infrastructure: approximately $2 million/year for street repairs, prioritized by pavement condition and business corridor needs. To accelerate the work, this funding would support approximately $30 million in road repairs over five years through bond financing.

2. Public Safety: approximately $1.5 million/year to support the City’s Sheriff contract and fund two dedicated overnight security patrol cars for commercial and industrial areas.

3. Environmental & Essential Services: approximately $250,000/year for airquality monitoring, stormwater compliance, illegal dumping cleanup, graffiti abatement, and organics-diversion support.

Agenda Report July 28, 2026
CONSIDERATION OF A PAREL TAX MEASURE Page 5

4. Economic Development: approximately $250,000/year for programs such as Paramount Boost, security rebates, ADA compliance grants, and facade improvement grants.

Due to the proposed phase-in approach, the City will not receive the full $4 million in annual parcel tax revenue during the first two years of implementation. However, if the parcel tax is approved by the voters, the City intends to begin implementing these programs by early 2027. To support these initiatives during the phase-in period, the City will use reserve funds, if necessary, to temporarily cover the funding shortfall until parcel tax revenues are fully phased in. If the measure is approved by the voters, the first parcel tax payment (65% rate) would be due December 2027, and second payment due April 2028.

Community Polling Efforts
To ensure community input and gauge support for the proposed parcel tax, the City engaged the firm of FM3 to conduct polling:
• First Polling Effort: Conducted in April 2026. The survey measured resident sentiment regarding the potential parcel tax.
• Second Polling Effort: Completed early July 2026. This follow-up survey was designed to capture updated community sentiment after the June election.

The outcome of both polling efforts was that voters are in favor of the proposed parcel tax on commercial and industrial properties.

Community Engagement & Timeline
The City has engaged with various facets of the community as well as the community atlarge to educate them on the City’s financial condition and to inform them of the proposed parcel tax as a solution to close the City’s projected financial budget deficit. Below are descriptions of the meetings hosted by the City:
• Four in-person meetings held with the Chamber of Commerce (two), business owners (one), and community stakeholders (one). Meetings were held in May– June 2026.
• Virtual community meeting citywide, held on July 13, 2026.

If the City Council votes to place the parcel tax measure on the ballot at the City Council meeting, staff will commence public education and outreach efforts through its communication consulting firm in advance of the November 3, 2026 election. Staff will further engage the community and key stakeholders with a comprehensive outreach effort to share factual ballot measure information with the community. This would be done through a series of press releases; information in City publications; website updates; mailers; and social media posts. The information will be neutral in tone, convey factual information, and will not advocate for one outcome or another.

Agenda Report July 28, 2026
CONSIDERATION OF A PAREL TAX MEASURE Page 6
November 2026 Election Overview
The City’s proposed parcel tax is considered a special tax. This means a super majority (two-thirds) voter approval is required to pass the measure. As proposed, this tax would be placed on the November 3, 2026 ballot, which is a non-City Council election.

A majority 3/5 vote by the City Council is required to approve the resolutions necessary to call for the election, consolidate the election with the Statewide General Election, and place the measure on the ballot for the November 3, 2026 Statewide General Election.

Per the Elections Code, if the City Council wants to place a measure on the November 3, 2026 ballot, the City Council must adopt a resolution placing any such measure on the ballot and submit it to the Los Angeles County Registrar-Recorder/County Clerk’s Office no later than 5:00 p.m. on August 7, 2026. The attached Resolution contains the wording of the title and the measure as it would appear on the ballot (below):

City of Paramount Public Safety, Environment, Streets and Business Improvement Measure
Without taxing residential property owners or renters, shall the ordinance to fund services for Paramount 911 response/public safety; reducing crime; responding to business burglaries; addressing street racing; monitoring/improving water/air quality; repairing streets/potholes; supporting businesses by annually levying between 8¢ and 13¢ per square foot on industrial/commercial properties only, with annual adjustments up to 3%, raising approximately $4,000,000 annually until ended by voters, requiring audits, spending disclosure, local control, be adopted? If the City Council votes to place the parcel tax measure on the ballot, staff would work with the Los Angeles County Registrar-Recorder/County Clerk’s office to place the measure on the ballot at the November 3, 2026 Statewide General Election. As stated, a two-thirds voter approval is required in order for the proposed tax measure to pass.

The following City Council actions are required to hold a special municipal election, consolidate the election with the Statewide General Election, and place the measure on the ballot:
• Adopt Resolution No. 26:032 calling a Special Municipal Election for the submittal of a special parcel tax measure to the voters.
• Adopt Resolution No. 26:033 requesting that the Board of Supervisors of the County of Los Angeles consolidate the City’s Special Municipal Election with the Statewide General Election held on November 3, 2026.
• Adopt Resolution No. 26:034 approving the Paramount Special Parcel Tax Measure and ordering the submittal of said measure to the voters at the Special Municipal Election on November 3, 2026, and directing the City Attorney to prepare an impartial analysis and setting the provisions regarding the submittal of ballot Agenda Report July 28, 2026
CONSIDERATION OF A PAREL TAX MEASURE Page 7
measure arguments. If the City Council wishes to submit an argument in favor of the measure, the City Council would need to authorize a member (or members) of the City Council to do so.

FISCAL IMPACT
If approved by the voters, the proposed parcel tax is estimated to generate approximately $4 million in annual General Fund revenue upon full implementation. Under the proposed phase-in approach, the City is expected to receive approximately 65% of the annual revenue in the first year, 80% in the second year, and 100% beginning in the third year.

During the phase-in period, the City would temporarily utilize available General Fund reserves to fund approved programs until the proposed parcel tax revenues are fully realized. The proposed revenue would be used to support essential city services and infrastructure, including street repairs, public safety, environmental and essential services, and economic development initiatives. The City will continue to use existing dedicated road funding sources (e.g., gas tax, county transportation funds) for annual broader maintenance needs after completion of the initial accelerated street improvement program funded through approximately $30 million in bond financing. Los Angeles County charges an estimated $130,000 election fee to place this measure on the ballot for the November 3, 2026 Statewide General Election. This cost was budgeted in the Fiscal Year 2026-27 Adopted General Fund Operating Budget.

RECOMMENDED ACTION
Open the public hearing and take public testimony. Following the public hearing, City Council direction is requested.

A. Adopt Resolution No. 26:032 “A RESOLUTION OF THE CITY COUNCIL OF THE

CITY OF PARAMOUNT, CALIFORNIA, CALLING AND PROVIDING FOR A SPECIAL MUNICIPAL ELECTION TO BE HELD ON TUESDAY, NOVEMBER 3, 2026 FOR

THE SUBMITTAL OF A SPECIAL PARCEL TAX BALLOT MEASURE TO THE VOTERS”
Agenda Report July 28, 2026
CONSIDERATION OF A PAREL TAX MEASURE Page 8
B. Adopt Resolution No. 26:033 “A RESOLUTION OF THE CITY COUNCIL OF THE

CITY OF PARAMOUNT, CALIFORNIA, REQUESTING THE BOARD OF

SUPERVISORS OF THE COUNTY OF LOS ANGELES TO CONSOLIDATE THE CITY OF PARAMOUNT’S SPECIAL MUNICIPAL ELECTION TO BE HELD ON TUESDAY, NOVEMBER 3, 2026 WITH THE STATEWIDE GENERAL ELECTION

BEING HELD ON THE SAME DATE PURSUANT TO ELECTIONS CODE SECTION 10403”
C. Adopt Resolution No. 26:034 “A RESOLUTION OF THE CITY COUNCIL OF THE

CITY OF PARAMOUNT, CALIFORNIA, APPROVING THE PARAMOUNT SPECIAL

PARCEL TAX MEASURE, WHICH WOULD IMPOSE A SPECIAL PARCEL TAX BETWEEN 8¢ and 13¢ PER SQUARE FOOT ON INDUSTRIAL AND COMMERCIAL

PROPERTIES WITH ANNUAL ADJUSTMENTS, AND ORDERING THE SUBMITTAL

OF SAID MEASURE TO THE VOTERS AT THE SPECIAL MUNICIPAL ELECTION TO BE HELD ON NOVEMBER 3, 2026”
D. Authorize a member (or members) of the City Council to submit an argument in favor of the ballot measure, if desired at this time. (If not, no action is required)

CITY OF PARAMOUNT

COUNTY OF LOS ANGELES, CALIFORNIA
RESOLUTION NO. 26:032

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

PARAMOUNT, CALIFORNIA, CALLING AND PROVIDING FOR A

SPECIAL MUNICIPAL ELECTION TO BE HELD ON TUESDAY,
NOVEMBER 3, 2026 FOR THE SUBMITTAL OF A SPECIAL PARCEL TAX

BALLOT MEASURE TO THE VOTERS
WHEREAS, the City of Paramount (“City”) is governed by a City Council committed to effectively representing the interests of City residents; and WHEREAS, the City desires to fund roads and infrastructure improvements, public safety services, environmental services, and business reinvestment programs for its residents; and
WHEREAS, the City Council finds that additional revenue is necessary to help maintain and improve these municipal services and facilities and to address identified funding needs; and
WHEREAS, the City desires to call a Special Municipal Election to be held on Tuesday, November 3, 2026 to submit a special parcel tax ballot measure to the voters at the election.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARAMOUNT AS FOLLOWS:

SECTION 1. The facts set forth in the recitals of this Resolution are true and correct, and establish the factual basis for the City Council’s adoption of this Resolution.

SECTION 2. Pursuant to the requirements of the laws of the State of California relating to general law cities, the City Council hereby orders that a Special Municipal Election is to be held in the City on November 3, 2026 for the purpose of submitting a special parcel tax ballot measure to the voters.

SECTION 3. The ballots to be used at the election shall be in the form and content as required by law.

SECTION 4. In all particulars not recited in this Resolution, the election shall be held and conducted as provided by law for holding municipal elections. All persons qualified and registered to vote in the City as of the date of such election shall be entitled to vote. The Los Angeles County Registrar of Voters is authorized to conduct said election and canvass the results of the election.

SECTION 5. The City Clerk is authorized, instructed, and directed to coordinate and, if necessary, contract with the Los Angeles County Registrar of Voters to procure and furnish any and all official ballots, notices, printed matter, and all supplies, equipment, RESOLUTION NO. 26:032

Page 2 ends

services, and paraphernalia that may be necessary in order to properly and lawfully conduct the election. The City shall reimburse Los Angeles County for all reasonable costs of conducting the election promptly upon receipt of invoices for the same.

SECTION 6. Notice of the time and place of holding the Special Municipal Election is hereby given and the City Clerk, in cooperation with the Los Angeles County Registrar of Voters, is authorized, instructed, and directed to give further or additional notice of the election, in the time, form and manner as required by law.

SECTION 7. The City Clerk is hereby directed to submit a certified copy of this Resolution, and the proposed measure, to the Los Angeles County Registrar of Voters Office and to the Los Angeles County Board of Supervisors immediately following adoption.

SECTION 8. The Mayor shall sign and the City Clerk shall attest to the adoption of this Resolution.

PASSED, APPROVED and ADOPTED by the City Council of the City of Paramount this 28th day of July, 2026.

Brenda Olmos, Mayor
ATTEST:

Heidi Luce, City Clerk/Elections Official

CITY OF PARAMOUNT

LOS ANGELES COUNTY, CALIFORNIA
RESOLUTION NO. 26:033

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

PARAMOUNT, CALIFORNIA, REQUESTING THE BOARD OF

SUPERVISORS OF THE COUNTY OF LOS ANGELES TO
CONSOLIDATE THE CITY OF PARAMOUNT’S SPECIAL MUNICIPAL
ELECTION TO BE HELD ON TUESDAY, NOVEMBER 3, 2026 WITH THE

STATEWIDE GENERAL ELECTION BEING HELD ON THE SAME DATE
PURSUANT TO ELECTIONS CODE SECTION 10403
WHEREAS, the City Council of the City of Paramount called a Special Municipal Election to be held on Tuesday, November 3, 2026 for the purpose of submitting a special parcel tax ballot measure to the voters; and
WHEREAS, the Los Angeles County Registrar-Recorder’s Elections Department will conduct the Statewide General Election through the County of Los Angeles on the same date; and
WHEREAS, the City Council desires to request consolidation of the Special Municipal Election with the Statewide General Election on November 3, 2026.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARAMOUNT AS FOLLOWS:

SECTION 1. The above recitations are true and correct.

SECTION 2. The City Council adopted Resolution No. 26:032 on July 28, 2026 calling and ordering to be held in the City of Paramount, California, on Tuesday, November 3, 2026, a Special Municipal Election for the purpose of submitting a special parcel tax ballot measure to the voters.

SECTION 3. That pursuant to Elections Code Section 10403, the City Council requests that the Board of Supervisors of the County of Los Angeles (“County”) permit the consolidation of the Special Municipal Election on November 3, 2026 with the Statewide General Election that the County Elections Department will conduct throughout the County on the same date, and that the County take all necessary steps to hold a consolidated election.

SECTION 4. That the County Elections Department is authorized to canvass the returns of the Special Municipal Election. The election shall be held in all respects as if there were only one election, and only one form of ballot shall be used.

SECTION 5. In all particulars not otherwise specifically provided in this Resolution, the election shall be held and conducted as provided by law for holding consolidated elections. The consolidated election shall be held and conducted in the manner prescribed in Elections Code Section 10418.

RESOLUTION NO. 26:033

Page 2 ends

SECTION 6. The City of Paramount recognizes that expenses will be incurred by the County by reason of this consolidation and agrees to reimburse the County for these costs upon receipt of invoices for the same.

SECTION 7. The City Council directs the City Clerk to file a certified copy of this Resolution with the County Elections Official and the Board of Supervisors immediately following adoption and within the time required by law for consolidation with the November 3, 2026 Statewide General Election.

SECTION 8. The City Clerk shall certify to the passage and adoption of this Resolution and enter it into the book of original Resolutions.

SECTION 9. This Resolution shall take effect immediately upon its adoption.

PASSED, APPROVED and ADOPTED this 28th day of July, 2026.

Brenda Olmos, Mayor
ATTEST:

Heidi Luce, City Clerk/Elections Official
REVISED JULY 27, 2026

CITY OF PARAMOUNT

COUNTY OF LOS ANGELES, CALIFORNIA
RESOLUTION NO. 26:034

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

PARAMOUNT, CALIFORNIA, APPROVING THE PARAMOUNT SPECIAL

PARCEL TAX MEASURE, WHICH WOULD IMPOSE A SPECIAL PARCEL TAX BETWEEN 8¢ and 13¢ PER SQUARE FOOT ON INDUSTRIAL AND

COMMERCIAL PROPERTIES WITH ANNUAL ADJUSTMENTS, AND

ORDERING THE SUBMITTAL OF SAID MEASURE TO THE VOTERS AT THE SPECIAL MUNICIPAL ELECTION TO BE HELD ON NOVEMBER 3, 2026
WHEREAS, the City of Paramount (“City”) is facing a growing budget shortfall as a result of increasing costs for public safety, infrastructure, and municipal operations, and projected revenues are not expected to keep pace with those rising costs; and WHEREAS, for Fiscal Year 2026-27, General Fund expenditures are projected to total approximately $49.4 million, while General Fund revenues are projected to total approximately $48.8 million, resulting in an estimated budget gap of $545,000; and WHEREAS, the City’s long-term financial forecast indicates that rising public safety costs, inflation and other operating expenses may outpace projected revenue growth, resulting in a cumulative General Fund deficit of approximately $27.7 million over the 10- year forecast period if no corrective actions are taken; and WHEREAS, the City desires to fund roads and infrastructure improvements, public safety services, environmental services, and business reinvestment programs for its residents; and
WHEREAS, the City Council finds that additional revenue is necessary to help maintain and improve these municipal services and facilities and to address identified funding needs; and
WHEREAS, the proposed parcel tax is estimated to generate approximately $4 million annually when fully implemented, with the amount of tax paid by each affected property generally determined by the property’s classification and square footage; and WHEREAS, if approved by the voters, revenue from the proposed tax will be used only for purposes identified in the measure, including maintaining 911 emergency response and public safety services, reducing crime, responding to business burglaries, addressing street racing, monitoring and improving water and air quality, repairing streets and potholes and supporting local businesses, and will be subject to transparency and accountability provisions; and
RESOLUTION NO. 26:034

Page 2 ends

WHEREAS, the City Council proposes to submit to the voters of the City an Ordinance providing for the levy of a special parcel tax for nonexempt commercial and industrial parcels within the City.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARAMOUNT AS FOLLOWS:

SECTION 1. The facts set forth in the recitals of this Resolution are true and correct, and establish the factual basis for the City Council’s adoption of this Resolution.

SECTION 2. By Resolution No. 26:032, adopted on July 28, 2026, the City has previously called and given notice of the Special Municipal Election to be held in the City on November 3, 2026.

SECTION 3. The City Council held a duly-noticed public hearing on this proposed measure on July 28, 2026. Pursuant to Government Code Section 50077, the City Council hereby orders that at said Special Municipal Election, the Paramount Special Parcel Tax Ordinance be submitted to the voters for approval. The full text of the Paramount Special Parcel Tax Ordinance is attached to this Resolution as Exhibit A and incorporated herein by reference. The measure to be submitted to the voters shall appear and be printed on the ballot as follows:

City of Paramount Public Safety, Environment, Streets and Business Improvement Measure
Without taxing residential property owners or renters, shall the ordinance to fund services for Paramount 911 response/public safety; reducing crime; responding to business burglaries; addressing street racing; monitoring/improving water/air quality; repairing streets/potholes; supporting businesses by annually levying between 8¢ and 13¢ per square foot on industrial/commercial properties only, with annual adjustments up to 3%, raising approximately $4,000,000 annually until ended by voters, requiring audits, spending disclosure, local control, be adopted? YES
NO
SECTION 4. The City Council hereby approves the proposed Paramount Special Parcel Tax Ordinance, attached to this Resolution as Exhibit A, to be submitted to the voters. The proposed measure is a special tax, as defined in Article XIIIC of the California Constitution, to be collected by the Los Angeles County Tax Collector, unless otherwise provided, at the rate established in the Paramount Special Parcel Tax Ordinance for each fiscal year for each parcel on which the tax is levied. The Ordinance shall not take effect unless and until approved by a vote of at least two-thirds of voters voting on the question at the election.

RESOLUTION NO. 26:034

Page 3 ends

SECTION 5. The City Attorney is hereby directed to prepare an impartial analysis of the measure pursuant to Elections Code Section 9280.

SECTION 6. The City Council directs that arguments for and against the measure may be filed in accordance with applicable law, and that City Councilmembers are authorized to file an argument in favor of the measure. Rebuttal arguments shall not be permitted.

SECTION 7. In all particulars not recited in this Resolution, the election shall be held and conducted as provided by law for holding special municipal elections. All persons qualified and registered to vote in the City as of the date of such election shall be entitled to vote.

SECTION 8. Notice of the time and place of holding the Special Municipal Election is given and the City Clerk and County Registrar are authorized, instructed and directed to give further or additional notice of the election, in the time, form, and manner as required by law, and to publish a synopsis of the measure as required by law.

SECTION 9. The City Clerk is hereby directed to submit a certified copy of this Resolution to the Los Angeles County Registrar of Voters Office and to the Los Angeles County Board of Supervisors immediately following adoption.

SECTION 10. The Mayor shall sign and the City Clerk shall attest to the adoption of this Resolution.

PASSED, APPROVED and ADOPTED by the City Council of the City of Paramount this 28th day of July, 2026.

Brenda Olmos, Mayor
ATTEST:

Heidi Luce, City Clerk/Elections Official
RESOLUTION NO. 26:034

Page 4 ends

EXHIBIT A

CITY OF PARAMOUNT

LOS ANGELES COUNTY, CALIFORNIA
ORDINANCE NO. _____

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
PARAMOUNT ADDING CHAPTER 3.38 TO THE PARAMOUNT

MUNICIPAL CODE TO AUTHORIZE THE LEVY OF A SPECIAL PARCEL

TAX TO FINANCE ROADS AND INFRASTRUCTURE, PUBLIC SAFETY

SERVICES, ENVIRONMENTAL SERVICES, AND BUSINESS

REINVESTMENT PROGRAMS

THE PEOPLE OF THE CITY OF PARAMOUNT DO HEREBY ORDAIN AS FOLLOWS:

SECTION 1. A new Chapter 3.38 of Title 3 of the Paramount Municipal Code is hereby adopted to read as follows:
“CHAPTER 3.38

SPECIAL PARCEL TAX

3.38.010. Authority.

A. Pursuant to the authority of Government Code Section 50075 et seq., and Article XIIIA, Section 4 of the California Constitution, a special parcel tax is hereby levied by the City of Paramount for each fiscal year on all nonexempt parcels of real property in the City. It is the sole purpose and intent of this Chapter to impose a special parcel tax for the specific purposes set forth in Section 3.38.060 of this Chapter.

3.38.020 Special Parcel Tax Imposed.

A. A special parcel tax, at the rates and for the duration set forth in this Chapter, for the purposes specified in Section 3.38.060 of this Chapter, shall be imposed on all nonexempt parcels of real property in the City for each fiscal year (the period beginning July 1 and ending the following June 30), commencing with fiscal year 2027-28.

3.38.030 Tax rate.

A. The maximum amount of the special parcel tax to be imposed on each parcel of nonexempt real property pursuant to this Chapter, depending on its use and classification, is as follows:

Parcel Use Category Tax Rate (per square foot)
Commercial $0.08
Industrial $0.11
Vacant Commercial / Vacant Industrial $0.13
ORDINANCE NO. xxxx
DATE; Page 2
B. Notwithstanding Section 3.38.030.A, the special parcel tax shall be levied at sixty-five percent (65%) of the rate otherwise applicable under Section

3.38.030.A in fiscal year 2027–2028, eighty percent (80%) of that rate in fiscal year 2028–2029, and one hundred percent (100%) of that rate beginning in fiscal year 2029–2030 and in each fiscal year thereafter.

C. The City Council may, by resolution, levy the special parcel tax at a rate that is less than the maximum rate authorized by this Chapter for such period of time as determined by the City Council. If the City Council does not adopt a resolution establishing a lower rate, the special parcel tax shall be imposed at the maximum rate permitted under this Chapter.

3.38.040 Annual Adjustment.

A. Beginning with fiscal year 2030-2031 and for each fiscal year thereafter, the maximum amount of the special parcel tax shall increase by the lesser of (i) three percent or (ii) the percentage by which the Consumer Price Index for All Urban Consumers (CPI-U, Los Angeles Area) prepared by the Bureau of Labor Statistics of the United States Department of Labor for the Los AngelesRiverside-Orange County region for the twelve-month period ending on March 31 immediately prior to the beginning of the fiscal year. Should the CPI-U, Los Angeles Area cease to be published in its entirety, or on a periodic basis ending on March 31, then the Finance Director shall select a comparable successor index thereto.

3.38.050 Classification of Parcels.

A. The records of the Los Angeles County Assessor as of January 1st of each year, or such other date established by the Finance Director, shall be used to determine the land use category for each parcel for the calculation of the special parcel tax applicable to that parcel in the following fiscal year.

B. Where a parcel includes a combination of residential, industrial and commercial improvements, the square footage of the entire surface area of the parcel shall be apportioned proportionally to the square footage of the footprints of the different types of improvements of the parcel. Square footage apportioned to “residential” use shall be excluded from the calculation of the tax. If a building is developed for more than one use (as in a mixed-use residential development with ground floor retail space), for purposes of the preceding sentence, the square footage of the footprint of the mixed use structure shall be divided amongst the uses proportionally to the building square footage of such building.

C. Notwithstanding Section 3.38.050.A, if the Finance Director determines that the Assessor's classification does not accurately reflect the parcel’s land use category, the parcel may be reclassified based on information the Finance Director determines to be reliable, including, but not limited to, zoning, land use approvals, building permits, certificates of occupancy, business license ORDINANCE NO. xxxx
DATE; Page 3
records, or other available records. That determination shall govern for purposes of administering and levying the special parcel tax.

3.38.060 Special Fund, Use of Tax Proceeds.

A. The proceeds of the special parcel tax imposed by this Chapter shall be placed in a special fund, which shall be created and designated the “City of Paramount Parcel Tax Special Fund”, and shall be applied solely to pay for (i) roads and related infrastructure, including pavement repairs and improvements, (ii) public safety services, including street takeover abatement and prevention and business burglary prevention and response, (iii) environmental services, including air quality monitoring, stormwater permit compliance, illegal dumping cleanup, graffiti abatement, and organics diversion, and (iv) business reinvestment programs, including compliance grants and security support, within the City.

B. All revenue generated from the special parcel tax shall be spent on the programs, services, or improvements set forth above within the City of Paramount.

3.38.070 Collection.

A. The special property tax shall be collected by the County of Los Angeles on behalf of the City in the same manner and at the same time as ordinary property taxes, and shall be subject to the same penalties and procedures in case of delinquency as provided for such taxes. The special tax shall constitute a lien upon the property upon which it is levied until it has been paid.

B. To the extent any parcel subject to the special parcel tax does not receive a property tax bill from the County of Los Angeles, the Finance Director may establish procedures for the billing, collection, remittance, and enforcement of the tax due from such parcel. Such procedures may provide for collection by the City or by another governmental entity, provided that any such method is consistent with applicable law.

3.38.080 Exemptions.

A. The following parcels shall be exempt from the special parcel tax imposed by this Chapter:

1. Any parcel that is exempt from the special parcel tax pursuant to any provision of the United States Constitution, California Constitution, or California State law.

2. Any parcel of property which is classified as solely in residential use.

B. Where a parcel is exempted from the special parcel tax under Section

3.38.080.A.1., the special parcel tax shall be imposed on any taxable ORDINANCE NO. xxxx
DATE; Page 4
possessory interest in the parcel based on the characteristics of that possessory interest.

C. The City Council, by resolution, may adopt additional exemptions to the special parcel tax imposed by this Ordinance.

3.38.090 Administrative Determinations; Appeal Procedures A. The Finance Director shall administer this Chapter and resolve any inquiries or disputes from a taxpayer regarding the special parcel tax. Any person aggrieved by an administrative determination of the Finance Director may appeal such determination to the City Manager. Appeals of any determination of the Finance Director shall be submitted in writing to the City Clerk no later than December 1st of the fiscal year for which the tax is imposed. The City Manager shall consider the appeal and issue a decision to the appellant in writing.

3.38.100 Corrections, Cancellations and Refunds
A. On order of the Finance Director, or the City Manager acting upon an appeal, the tax amount may be corrected for any parcel. The Finance Director shall notify the applicable tax collector of any such adjustment.

3.38.110 Annual Report and Audit.

A. The Finance Director, as chief fiscal officer of the City, shall annually file with the City Council a report regarding the amount of special parcel tax revenues collected and expended and the status of any project required or authorized to be funded with the special parcel tax revenues, as required by California Government Code Section 50075.3, as such law may be amended from time to time.

B. By no later than December 31 of each year, commencing on December 31, 2028, independent auditors shall review whether the tax revenues collected pursuant to this Chapter are collected, managed and expended in accordance with the requirements of this Chapter. This audit may be conducted in conjunction with the City’s annual audit.

3.38.120 Duration of Special Parcel Tax.

A. The authority to levy the special parcel tax shall remain in effect unless a later ordinance is adopted and approved by two-thirds of the voters of the City voting thereon that either repeals the special parcel tax or establishes a date that the authority to levy the special parcel tax shall terminate.” SECTION 2. Amendment and Implementation.

The City Council shall be empowered, by three (3) affirmative votes of its members, to amend this Ordinance to carry out the general purposes of this Ordinance, ORDINANCE NO. xxxx
DATE; Page 5
to conform the provisions of this Ordinance to applicable state law, to modify the methods of collection, or to assign the duties of public officials under this Ordinance.

In no event shall the City Council amend this Ordinance to increase the maximum amount of the special parcel tax established in Section 1 of this Ordinance, unless approved by two-thirds of the voters voting thereon.

The City Council, by resolution, may adopt procedures or definitions for the implementation or administration of the special parcel tax.

SECTION 3. Severability.

If any provision of this Ordinance or the application thereof to any person or circumstances is held invalid or unconstitutional by any court of competent jurisdiction, such invalidity or unconstitutionality shall not affect any other provision or applications, and to this end the provisions of this Ordinance are declared to be severable. The City Council, and the electorate by referendum, do hereby declare that they would have adopted this Ordinance and each section, subsection, sentence, clause, phrase, part or portion thereof, irrespective of the fact that any one or more sections, subsections, clauses, phrases, parts or portions thereof, be declared invalid or unconstitutional.

SECTION 4. Two-Thirds Approval; Effective Date.

This Ordinance shall be adopted and become effective only if approved by twothirds of the voters voting thereon, at an election to be held on November 3, 2026. This Ordinance shall take effect immediately upon approval by the voters and shall remain in effect until repealed by the voters of the City of Paramount.

SECTION 5. Oversight.

To ensure transparency and accountability in the use of revenues generated by the special parcel tax, the City shall establish an Independent Oversight Committee (the “Committee”). The terms, composition, and specific duties of the Committee shall be established by resolution of the City Council; however, the Committee shall consist of members representing the business and residential communities within the City. The City Council shall appoint Committee members in a manner that encourages broad and balanced community representation.

The Committee shall meet at least once each calendar year. At these meetings, the Committee shall review the annual report required by subchapter 3.38.110 and may provide input and recommendations to the City Council regarding the future use of funds consistent with the purposes of this measure.

The Committee shall serve in an advisory capacity only and shall not have independent authority to direct the expenditure of funds. All meetings of the Committee shall be open to the public and conducted in accordance with applicable provisions of the Ralph M. Brown Act.

ORDINANCE NO. xxxx
DATE; Page 6
SECTION 6. Execution.

The Mayor is hereby authorized to attest to the adoption of this Ordinance by the voters of the City by signing where indicated below.

I hereby certify that the foregoing Ordinance was PASSED, APPROVED AND ADOPTED by the people of the City of Paramount voting on the 3rd day of November, 2026.

Brenda Olmos, Mayor
ATTEST
Heidi Luce, City Clerk
ORDINANCE NO. xxxx
DATE; Page 7

EXHIBIT A
To: Honorable City Council
From: John Moreno, City Manager
By: Heidi Luce, City Clerk
Date: July 28, 2026
SUBJECT: APPOINTMENT OF CITY COMMISSIONERS

BACKGROUND
Each year, the City Council reviews the City’s Local Appointments List and makes appointments or reappointments to the various City Commissions as necessary.

DISCUSSION
Attached is the current Local Appointments List which indicates, in the far right column, which terms are expiring. This year, there are two Planning Commission terms that are expiring and all five Public Works Commission terms are expiring. The Parks and Recreation, Public Safety and Senior Services Commissioners all serve a one-year term, so those appointments are considered each year.

Each Councilmember recommends one resident for appointment to each of the five commissions and the City Council reviews and approves the appointments or reappointments.

Below is a description of each commission and the Paramount Municipal Code sections related to City Commissions are attached for reference. ■ Planning Commission
The Planning Commission shall be appointed by the Mayor, with the approval of the City Council. This Commission is composed of five members who serve a term of four years. (Paramount Municipal Code Sections 2.12.010)
■ Public Works Commission
The Public Works Commission shall be appointed by the City Council. This Commission is composed of five members who serve a term of two years. (Paramount Municipal Code Sections 2.12.020)
■ Parks and Recreation Commission
The Parks and Recreation Commission shall be appointed by the Mayor, with the approval of the City Council. This Commission is composed of five members who serve a term of one year. (Paramount Municipal Code Sections 2.12.040) Agenda Report July 28, 2026
APPOINTMENT OF CITY COMMISSIONERS Page 2
■ Public Safety Commission
The Public Safety Commission shall be appointed by the Mayor, with the approval of the City Council. This Commission is composed of five members who serve a term of one year. (Paramount Municipal Code Sections 2.12.030)
■ Senior Services Commission
The Senior Services Commission shall be appointed by the Mayor, with the approval of the City Council. This Commission is composed of five members, 55 years of age or older, who serve a term of one year. (Paramount Municipal Code Sections 2.12.050)

FISCAL IMPACT
None.

RECOMMENDED ACTION
Review and approve the appointment of City Commissioners.

City of Paramount
2025-2026 LOCAL APPOINTMENTS LIST (Approved 7/8/2025)
In compliance with the requirements of Government Code Section 54972 (Maddy Act), the following is a list of all appointive offices, terms, and qualifications for City of Paramount commissions. Commissioners are appointed by the Mayor, with the approval of the City Council, and serve at the will and pleasure of the City Council.

Qualifications: Resident of the City of Paramount and not an employee or related to a member of the City Council or their spouse as set forth in the Paramount Municipal Code Section 2.16.020. Planning Commissioners must be qualified electors of the City of Paramount and not hold any paid office or employment in the city government. Senior Services Commissioners minimum age for eligibility for appointment is 55 years of age.

Commission Appt. Date Term Exp.

PLANNING COMMISSION Term of Office: 4 years
Ernie Esparza (PL) ...........................................................................................................

Javier Gonzalez (BO) .......................................................................................................

David Moody (AD) ..........................................................................................................

Linda Timmons (IA).........................................................................................................

Gordon Weisenburger (VCS)........................................................................................... 03/2003
07/2022
07/2022
03/2023
04/2020
07/2026
07/2028
07/2026
07/2028
07/2028
PUBLIC WORKS COMMISSION Term of Office: 2 years
Jaime Abrego (AD) ..........................................................................................................

Rita Aguilar (BO).............................................................................................................

Georgina Arceo (VCS).....................................................................................................

Alvin Parks (IA)...............................................................................................................

Rosemary Vasquez (PL)................................................................................................... 07/2022
07/2022
07/2022
04/2010
03/2007
07/2026
07/2026
07/2026
07/2026
07/2026
PARKS & RECREATION COMMISSION Term of Office: 1 year
Jennifer Alcaraz (IA)........................................................................................................

Shirley Grayson (VCS).....................................................................................................

Charlene Landry (PL).......................................................................................................

Alejandro Maldonado (BO)..............................................................................................

Austin Moreno (AD) ........................................................................................................ 05/2022
07/2023
06/2019
01/2025
07/2022
07/2026
07/2026
07/2026
07/2026
07/2026
PUBLIC SAFETY COMMISSION Term of Office: 1 year
Marcelina “Marcie” Bridges (PL) ....................................................................................

Robert Cruz (AD).............................................................................................................

Gerardo Ruiz (VCS).........................................................................................................

Dora Sanchez (IA)............................................................................................................

Steve Yanez (BO)............................................................................................................. 07/2019
07/2022
07/2022
04/2020
07/2024
07/2026
07/2026
07/2026
07/2026
07/2026
SENIOR SERVICES COMMISSION Term of Office: 1 year
Martha Garcia (AD) .........................................................................................................

Anna Mageno (VCS)........................................................................................................

Elsa Padilla (BO)..............................................................................................................

Claudia Quinones (PL).....................................................................................................

Patricia Winiecki (IA) ...................................................................................................... 07/2022
07/2023
04/2020
02/2015
04/2020
07/2026
07/2026
07/2026
07/2026
07/2026
I, Heidi Luce, City Clerk of the City of Paramount, California, hereby certify that I caused this notice to be posted on the City of Paramount’s website and designated public posting places this 9th day of July 2025. /s/ Heidi Luce, City Clerk
[ ] CF 10.14 [ ] CF 27.LOC HTTPS://PARAMOUNTCITY1957.SHAREPOINT.COM/SITES/CITYMANAGERS/SHARED DOCUMENTS/CITY CLERK/REORG/MADDYACTAPPTLISTS/MADDYPOS2026.DOCX;7/9/2025 11:24 AM City of Paramount  16400 Colorado Avenue  Paramount, CA 90723  (562) 220-2000  www.paramountcity.gov A.

City of Paramount, CA
Tuesday, July 21, 2026
Title 2. Administration and Personnel
Chapter 2.12. COMMISSIONS
§ 2.12.010. Planning Commission.

Created. The City Council hereby creates a Planning Commission to be known as the City Planning Commission.

Composition—Qualifications—Appointment and Term of Office of Members—Filling Vacancy in Office.

The Planning Commission of the City shall consist of five members, who shall be qualified electors of the City, none of whom shall hold any paid office or employment in the City government. The five members of the City Planning Commission heretofore appointed to office shall continue to hold such office for the term heretofore created, subject to the terms and provisions of this section. Successors to such offices of the City Planning Commission shall serve for a term of four years and until their successors are appointed and qualified. If vacancies occur, otherwise than by expiration of term, they shall be filled by appointment for the unexpired portion of the term by the City Council. Members shall be appointed by the Mayor with the approval of the City Council.

Removal of Members—Attendance at Meetings—Compensation of Members. Any member of the Planning Commission shall be subject to removal by motion of the City Council adopted by at least three affirmative votes. The office of any member of the Planning Commission shall be vacated if the member absents him or herself from three regular meetings of the Commission, unless by permission of the Commission, or if he or she is convicted of a crime involving moral turpitude or ceases to be an elector of the City. The members of the Planning Commission shall receive compensation on a monthly basis at a rate to be determined from time to time and set forth by resolution of the City Council.

Powers and Duties Generally. It shall be the duty of the members of the Planning Commission to inform themselves on matters affecting the function, duties and matters before the Commission. The Planning Commission shall have all powers and duties given to them by general State statutes and this Code, and in its deliberations, conduct and acts, be governed by the statutes of the State and this Code in reference thereto. In addition to the aforementioned duties, the members of the Planning Commission shall also serve as the Development Review Board pursuant to Chapter 17.60 of the Paramount Municipal Code and, when necessary, shall also sit as the Economic Development Board to receive information regarding economic development activities in the City.

Officers—Meetings—Rules and Regulations—Records. The Planning Commission shall elect its chairperson from among its appointed members for a term of one year, and shall likewise elect one of its members to serve as presiding officer pro tempore (vice-chairperson) at the pleasure of the Commission. The Planning Commission shall hold at least one meeting in each month in the City Council chambers which shall be open to the public, and may adjourn or readjourn any regular meeting to a date and hour certain which shall be specified in the order of adjournment. When so adjourned, such adjourned meeting shall be a regular meeting for all purposes. If at any time any regular meeting falls on a holiday, such regular meeting shall be held in the next business day. The Planning Commission shall adopt rules and regulations for transaction of business and shall keep a record of its resolutions, transactions, findings and determinations, which records shall be a public record.

Applicability of State Law. The City Planning Commission and the City Council shall be governed in all their actions, where not specifically covered by this section, by Sections 65000 to 65711 of the Government Code of the State.
(Prior code §§ 2-48—2-53)
7/21/26, 10:26 AM Planning Commission. - City of Paramount, CA https://ecode360.com/print/PA4983?guid=43929248 1/1
A.

1. 2.
a.
b.

1. 2.

3. 4.

City of Paramount, CA
Tuesday, July 21, 2026
Title 2. Administration and Personnel
Chapter 2.12. COMMISSIONS
§ 2.12.020. Public Works Commission.

Establishment. The City Council does hereby establish a Public Works Commission which shall act as an advisory board, subject to City Council direction, for the development and operation of the City's Public Works Department.

Membership and Terms of Office.

Membership. The Commission shall consist of five members who shall be appointed by the City Council of the City. All members of the Public Works Commission shall be residents of the City and shall serve at the will and pleasure of the City Council.

Terms of Office—Vacancy.

Members to the Commission shall be appointed for a term of two years or until their successors are duly appointed. The Public Works Commission shall elect a chairperson and a vice chairperson from among its appointed members for a term of one year at its regular meeting in May of each year.

If a vacancy occurs otherwise than by expiration of a term it shall be filled by appointment for the unexpired portion of the term.

Duties and Functions.

Recommendation—Hearings. The Public Works Commission shall be charged with the responsibility for making recommendations regarding matters affecting public works in the City, and such related matters that may be directed by order of the City Council, and in that connection shall hold monthly meetings to effect these purposes. Actions of this Commission shall take the form of recommendations and reports to the City Council.

Power and Authority. The Public Works Commission shall cause proper records to be kept of all its official acts and proceedings. The Commission shall have no power or authority to bind or obligate the City or any officer or department thereof for any money, debt, undertaking or obligation of any kind in excess of the appropriation which the City Council may have made for the purpose of the Commission in any fiscal year.

Rules of Organization and Procedure. The Commission is a reviewing and recommending body and shall have no power to direct members of the City staff or contract entities. Except as otherwise provided in this title or by law, the Commission shall have power to and shall provide for its own organization, shall adopt rules and regulations for the transaction of business before it, and shall designate the time and place for the regular monthly meeting or meetings of the Commission.

Review Areas. The Public Works Commission shall review, advise, and report to the City Council on topics related to the development and operation of a City Public Works Department including the operation of the City's water system, road maintenance issues, traffic safety requests for stop signs, street lighting, colored curbs, etc., and other related items which may from time to time be referred to them.

Compensation. The members of the Public Works Commission shall receive compensation on a monthly basis at a rate to be determined from time to time and set forth by resolution of the City Council. (Prior code §§ 2-54—2-57)
7/21/26, 10:27 AM Public Works Commission. - City of Paramount, CA https://ecode360.com/print/PA4983?guid=43929255 1/1
A.

City of Paramount, CA
Tuesday, July 21, 2026
Title 2. Administration and Personnel
Chapter 2.12. COMMISSIONS
§ 2.12.040. Parks and Recreation Commission.

Created. A Parks and Recreation Commission is hereby created and established.

Membership. The Commission shall consist of five members who shall be appointed by the Mayor with the approval of the City Council of the City. All members serve at the will and pleasure of the City Council. Members to the Commission shall be appointed for terms of one year or until their successors are appointed. If a vacancy occurs otherwise then by expiration of a term, it shall be filled by appointment for the unexpired portion of the term.

Duties and Functions. The Commission shall act in an advisory capacity to the City Council in matters pertaining to parks, recreation facilities, and local transportation; review community organization funding requests which are included in the annual budget; consider uses of recreational facilities; evaluate recreation programs to promote the development of open space for recreational and leisure activities; encourage the development of leisure opportunities for residents of all ages; and promote positive lifestyle choices and alternatives to self-destructive behavior.

Power and Authority. The Parks and Recreation Commission shall cause proper records to be kept of all its official acts and proceedings. The Commission shall have no power or authority to bind or obligate the City or any officer or department thereof, for any money, debt, undertaking or obligation of any kind in excess of the appropriation which the City Council may have made for the purpose of the Commission in any fiscal year.

Rules of Organization and Procedure. The Commission is a reviewing and recommending body and shall have no power to direct members of the City staff or contract entities, except as otherwise provided in this chapter or by law the Commission shall have power to and shall provide for its own organization, shall adopt rules and regulations for the transaction of business before it, and shall designate the time and place for the regular monthly meeting or meetings of the Commission.

Compensation. The members of the Parks and Recreation Commission shall receive compensation on a monthly basis at a rate to be determined from time to time and set forth by resolution of the City Council.
(Prior code §§ 2-88—2-93)
7/21/26, 10:28 AM Parks and Recreation Commission. - City of Paramount, CA https://ecode360.com/print/PA4983?guid=43929279 1/1
A.

1. 2.

City of Paramount, CA
Tuesday, July 21, 2026
Title 2. Administration and Personnel
Chapter 2.12. COMMISSIONS
§ 2.12.030. Public Safety Commission.

Created and Established. A Public Safety Commission which shall be known as the Public Safety Commission of the City is hereby created and established.

Terms of Office—Vacancy.

Members to the Commission shall be appointed for terms of one year or until their successors are appointed.

If a vacancy occurs otherwise than by expiration of a term, it shall be filled by appointment for the unexpired portion of the term.

Recommendation—Hearings. The Public Safety Commission shall be charged with the responsibility for making recommendations regarding matters affecting police services and programs in the City, and such related matters that may be directed by order of the City Council, and in that connection shall hold monthly meetings to effect these purposes. Actions of this Commission shall take the form of recommendations and reports to the City Council.

Power and Authority. The Public Safety Commission shall cause proper records to be kept of all its official acts and proceedings. The Commission shall have no power or authority to bind or obligate the City or any officer or department thereof for any money, debt, undertaking or obligation of any kind in excess of the appropriation which the City Council may have made for the purpose of the Commission in any fiscal year.

Rules of Organization and Procedure. The Commission is a reviewing and recommending body and shall have no power to direct members of the City staff or contract entities. Except as otherwise provided in this chapter or by law, the Commission shall have power to and shall provide for its own organization, shall adopt rules and regulations for the transaction of business before it, and shall designate the time and place for the regular monthly meeting or meetings of the Commission.

Duties and Functions. The Commission may review topics such as police service request for patrol services, neighborhood watch issues, public safety training in the schools as conducted by the City, drug education as conducted by the City, and other related items which may from time to time be referred to them. Also, the members of the Public Safety Commission shall convene as the Board of Appeals, pursuant to Paramount Municipal Code Section 13.20.540, when an appeal has been filed with the City pursuant to that section.

Compensation. The members of the Public Safety Commission shall receive compensation on a monthly basis at a rate to be determined from time to time and set forth by resolution of the City Council.
(Prior code §§ 2-80—2-87)
7/21/26, 10:28 AM Public Safety Commission. - City of Paramount, CA https://ecode360.com/print/PA4983?guid=43929268 1/1
A.

1. 2.

City of Paramount, CA
Tuesday, July 21, 2026
Title 2. Administration and Personnel
Chapter 2.12. COMMISSIONS
§ 2.12.050. Senior Services Commission.

Created and Established. A Senior Services Commission which shall be known as the Senior Services Commission of the City is hereby created and established.

Terms of Office—Vacancy.

Members to the Commission shall be appointed for terms of one year or until their successors are appointed.

If a vacancy occurs otherwise than by expiration of a term, it shall be filled by appointment for the unexpired portion of the term.

Recommendation—Hearings. The Senior Services Commission shall be charged with the responsibility for making recommendations regarding matters affecting senior services in the City, and such related matters that may be directed by order of the City Council, and in that connection shall hold monthly meetings to effect these purposes. Actions of this Commission shall take the form of recommendations and reports to the City Council.

Power and Authority. The Senior Services Commission shall cause proper records to be kept of all its official acts and proceedings. The Commission shall have no power or authority to bind or obligate the City or any officer or department thereof for any money, debt, undertaking or obligation of any kind in excess of the appropriation which the City Council may have made for the purpose of the Commission in any fiscal year.

Rules of Organization and Procedure. The Commission is a reviewing and recommending body and shall have no power to direct members of the City staff or contract entities. Except as otherwise provided in this chapter or by law, the Commission shall have power to and shall provide for its own organization, shall adopt rules and regulations for the transaction of business before it, and shall designate the time and place for the regular monthly meeting or meetings of the Commission.

Review Areas. The Commission may review topics such as the senior meal program; senior excursions; senior activities including instructional classes, bingo, and special events; and other related items which may from time to time be referred to them.

Compensation. The regular members of the Senior Services Commission shall receive compensation of $100.00 per meeting.
(Prior code §§ 2-94—2-101)
7/21/26, 10:29 AM Senior Services Commission. - City of Paramount, CA https://ecode360.com/print/PA4983?guid=43929286 1/1
To: Honorable City Council
From: John Moreno, City Manager
By: Heidi Luce, City Clerk
Date: July 28, 2026
SUBJECT: UPDATE ON CITY COUNCIL GOALS
On January 27, 2026, the City Councill held a goal setting workshop at which the City Council established goals and priorities for 2026. Tonight’s presentation will provide a mid-year update on the status of the goals set at that meeting.

To: Honorable City Council
From: John Moreno, City Manager
By: Lana Dich, Finance Director
Anthony Martinez, Financial Services Manager
Date: July 28, 2026
SUBJECT: AGREEMENT WITH TIERRA WEST ADVISORS, INC. FOR RECOGNIZED

OBLIGATION PAYMENT SCHEDULE (ROPS) ADVISORY SERVICES

BACKGROUND
The Recognized Obligation Payment Schedule (ROPS) identifies the Redevelopment Property Tax Trust Fund (RPTTF) revenues the Successor Agency is authorized to receive on an annual basis to pay enforceable obligations and administrative costs. The ROPS must be adopted by the Successor Agency, approved by the Los Angeles Countywide Oversight Board, and submitted to the California Department of Finance no later than February 1 of each year.

The City's Successor Agency is required to prepare and submit an annual ROPS and administrative budget. The administrative budget supports the use of the annual administrative cost allowance allowed by state law for the administration of the Successor Agency.

As a best practice, local agencies commission professional advisory firms to review, and submit the preliminary ROPS each fiscal year on behalf of, and in consultation with, the City's Successor Agency for submittal to the Oversight Board. These services help ensure compliance with applicable statutory requirements, facilitate the review and approval process by the Los Angeles Countywide Oversight Board and the California Department of Finance, and support the timely receipt of RPTTF revenues needed to satisfy the Successor Agency’s enforceable obligations.

DISCUSSION
Tierra West Advisors, Inc. (“Tierra West”), is a licensed full service Real Estate Advisory Firm, that specializes in ROPS Advisory Services. For decades, Tierra West Advisors, Inc. has offered advisory services to a variety of public agencies and private developers during redevelopment and now post-redevelopment. The firm regularly assists local communities with the insightful analysis and vision required to make sound decisions that benefit the community and stakeholders. Since 1980, Tierra West Advisors has been specializing in real estate advisory and financial consulting services to public agencies and private entities throughout Southern California. Today, the firm continues its advisory services, offering proposal strategies, ROPS advisory services, grant management, Agenda Report July 28, 2026
AGREEMENT FOR ROPS ADVISORY SERVICES Page 2
affordable housing compliance, and other real estate-related projects. Tierra West has extensive experience helping local agencies navigate the redevelopment dissolution process, ensure compliance with applicable state requirements, and facilitate the orderly wind-down and eventual closure of successor agency activities.

To assist the City's Successor Agency in its ROPS obligations, Tierra West Advisors would prepare and submit the ROPS for the following fiscal years of 2027-28 and 2028- 29, on behalf of, and in consultation with, the City's Successor Agency for submittal to the Oversight Board. Should an issue arise during the Department of Finance review of the ROPS, Tierra West Advisors would assist the City's Successor Agency in drafting a meet and confer request and attend any subsequent meeting. Moreover, Tierra West Advisors would prepare the annual administrative budget for Fiscal Year 2026-27 on behalf of, and in consultation with, the City's Successor Agency. The City's Successor Agency is allowed to amend its annual ROPS once during the period.

FISCAL IMPACT
The proposed Professional Services Agreement with Tierra West Advisors is for an amount not to exceed $50,000 and is included in the Adopted Fiscal Year 2026-27 Successor Agency Operating Budget. Funding will be provided from the Successor Agency's administrative cost allowance authorized under the Redevelopment Property Tax Trust Fund (RPTTF). The Successor Agency annually transfers a portion of its administrative cost allowance to the City's General Fund to reimburse eligible administrative costs. As a result, expenditures under this agreement will reduce the amount available for transfer to the General Fund by up to $50,000 during Fiscal Year 2026-27. No additional budget appropriation is required.

Fund Division Account Amount
614 (RDA) 7111
(Redevelopment
Agency)
5151 –
Professional/Technical Svcs
$50,000

Agenda Report July 28, 2026
AGREEMENT FOR ROPS ADVISORY SERVICES Page 3

RECOMMENDED ACTION
Approve the agreement with Tierra West Advisors, Inc. for Recognized Obligation Payment Schedule (ROPS) advisory services and authorize the City Manager to make final changes to the agreement that do not change the proposed rates in a form approved by the City Attorney.
1 CITY OF PARAMOUNT

PROFESSIONAL SERVICES AGREEMENT
(With Professional Liability)
This Agreement is made and entered into as of July __, 2026 by and between the Paramount Successor Agency (“Agency”), a municipal corporation organized and operating under the laws of the State of California with its principal place of business at 16400 Colorado Avenue, Paramount, CA 90723, and Tierra West Advisors, Inc., a Corporation with its principal place of business at 2616 East 3rd Street Los Angeles, CA 90033 (hereinafter referred to as “Consultant”). Agency and Consultant are sometimes individually referred to as “Party” and collectively as “Parties” in this Agreement.

RECITALS
A. Agency requires provision of the following professional services:

Successor Agency and ROPS Advisory Services, all as more fully set forth and described in this Agreement.

B. Consultant is duly licensed and/or otherwise fully authorized by law, and has the necessary experience and qualifications, to provide such services. Agency enters into this Agreement in substantial reliance on such experience and qualifications.

C. The Parties enter this Agreement in order to set forth terms and conditions governing Consultant’s performance of the services described herein.

AGREEMENT
NOW, THEREFORE, IT IS AGREED AS FOLLOWS:

1. Scope of Services.

Consultant shall perform the services generally described in (i) the Scope of Services attached hereto as Exhibit “A”; (ii) any applicable request for proposals issued by the Agency; and (iii) as otherwise required by this Agreement, all to Agency’s satisfaction (collectively, “Services” herein.)

2. Compensation.
a. Subject to Section 2.b, below, the Agency shall pay for the Services satisfactorily performed, in accordance with the Schedule of Rates/Payments set forth in Exhibit “B”, attached hereto.
b. In no event shall the total amount paid for the Services exceed the sum of $50,000 and/or as more fully set forth and described in Cost Proposal attached hereto as Exhibit “B.” This amount covers and is inclusive of all labor, materials, and any and all other costs incurred by Consultant in performing the Services, unless otherwise agreed upon in writing. Consultant shall be deemed to have made all necessary inquiries and site inspections prior to agreeing to perform the Services. Periodic Paramount PSA_Prof Liability (January 2025) 2
payments for undisputed work shall be made within thirty (30) days of receipt of an invoice which includes a detailed description of the work performed. Payments to Consultant for work performed will be made on a monthly billing basis.

3. Additional Work.

The Parties may agree on additional work to be provided as part of the Services. An amendment to this Agreement shall be prepared by the Agency and executed by both Parties authorizing such additional work and compensation therefor, prior to such work being performed.

4. Maintenance of Records.

Books, documents, papers, accounting records, and other evidence pertaining to costs incurred shall be maintained by Consultant and made available for review by the Agency at all reasonable times during the term of this Agreement and for four (4) years from the date of final payment by Agency.

5. Term; Time of Performance.

The term of this Agreement shall commence on the date first set forth above and shall expire in three (3) fiscal years ending in fiscal year 2029-2030 on June 30, 2030, unless extended or earlier terminated as provided herein. Consultant shall complete the Services within the term of this Agreement, and shall meet any other established schedules and deadlines agreed upon in writing. Consultant represents that it has the professional and technical personnel required to satisfactorily perform the Services as required by this Agreement. All indemnification provisions of this Agreement shall survive and remain in effect following the termination of this Agreement. The Parties may, by mutual, written consent, extend the term of this Agreement.

6. Delays in Performance.
a. Force Majeure. Neither Agency nor Consultant shall be considered in default of this Agreement for delays in performance caused by force majeure events. Force majeure events mean and refer to circumstances beyond the reasonable control of the nonperforming party including, but not limited to, abnormal weather conditions; floods; earthquakes; fire; epidemics; war; riots and other civil disturbances; strikes, lockouts, work slowdowns, and other labor disturbances; sabotage or judicial restraint.

Consultant’s lack of financial capability, not due to any of the foregoing events, shall not constitute a force majeure event.
b. Should a force majeure event occur, the non-performing party shall, within a reasonable time of being prevented from performing, but not more than three (3) business days, give written notice to the other party describing the circumstances preventing continued performance and the efforts being made to resume performance of this Agreement.

Paramount PSA_Prof Liability (January 2025) 3

7. Compliance with Law.
a. Consultant shall comply with all applicable local, State, and federal laws, ordinances, statutes, codes and regulations, including Cal/OSHA requirements, in the performance of the Services.
b. Agency may, but is not required, to assist Consultant in obtaining and maintaining all permits required of Consultant by federal, state and/or local regulatory agencies. c. If applicable, and unless otherwise provided in the Scope of Services, Consultant is responsible for all costs of clean up and/or removal of hazardous and toxic substances spilled as a result of his or her services or operations performed under this Agreement.

8. Standard of Care.

Consultant’s Services shall be performed in accordance with the generally accepted professional standards of practice and principles and in a manner consistent with the level of care and skill ordinarily exercised by members of the profession currently performing similar services under similar conditions in the County of Los Angeles. Consultant shall, at all times herein, possess any and all State of California and/or federal professional licenses and certifications, as applicable, required to lawfully perform the Services.

9. Assignment and Subcontracting.

Consultant shall not assign or transfer this Agreement or any rights or obligations under, or any interest in this Agreement, or subcontract any required performance hereunder, without the prior written consent of the Agency, which may be withheld for any reason.

The Services required to be performed by the Consultant are personal to the Consultant.

Any attempt to so assign, transfer, or subcontract without such consent shall be void and without legal effect and shall constitute grounds for termination. Authorized subcontracts, if any, shall contain a provision making the subcontractor subject to all requirements of this Agreement.

10. Independent Contractor.

Consultant is retained as an independent contractor and is not an employee of Agency.

No employee or agent of Consultant is or shall become an employee of Agency. The work to be performed shall be in accordance with the Scope of Services described in this Agreement, subject to such directions and amendments from Agency as herein provided. a. All work and other Services provided pursuant to this Agreement shall be performed by Consultant or by Consultant’s employees or other personnel under Consultant’s supervision, and Consultant and all of Consultant’s personnel shall possess the qualifications, permits, and licenses required by State and local law to perform the Services, including, without limitation, a Agency of Paramount business license as required by the Paramount Municipal Code. Consultant will determine the means, methods, and details by which Consultant’s personnel will perform the Services.

Consultant shall be solely responsible for the satisfactory work performance of all Paramount PSA_Prof Liability (January 2025) 4
personnel engaged in performing the Services and compliance with the customary professional standards.
b. None of Consultant’s employees and/or other personnel performing any of the Services under this Agreement on behalf of Consultant shall be employees of Agency and shall at all times be under Consultant’s exclusive direction and control. Consultant and Consultant’s personnel shall not supervise any of Agency’s employees; and Agency’s employees shall not supervise Consultant’s personnel. Consultant’s personnel shall not wear or display any Agency uniform, badge, identification number, or other information identifying such individual as an employee of Agency; and Consultant’s personnel shall not use any Agency e-mail address or Agency telephone number in the performance of any of the Services under this Agreement. Consultant shall acquire and maintain at its sole cost and expense such vehicles, equipment and supplies as Consultant’s personnel require to perform any of the Services required by this Agreement. Consultant shall perform all Services off of Agency premises at locations of Consultant’s choice, except as otherwise may from time to time be necessary in order for Consultant’s personnel to receive projects from Agency, review plans on file at Agency, pick up or deliver any work product related to Consultant’s performance of any Services under this Agreement, or as may be necessary to inspect or visit Agency locations and/or private property to perform such Services. Agency may make a computer available to Consultant from time to time for Consultant’s personnel to obtain information about or to check on the status of projects pertaining to the Services under this Agreement.
c. Consultant shall be responsible for and pay all wages, salaries, benefits and other amounts due to Consultant’s personnel in connection with their performance of any Services under this Agreement and as required by law. Consultant shall be responsible for all reports and obligations respecting such additional personnel, including, but not limited to: Social Security taxes, other retirement or pension benefits, income tax withholding, unemployment insurance, disability insurance, and workers' compensation insurance. Notwithstanding any other agency, State, or federal policy, rule, regulation, statute or ordinance to the contrary, Consultant and its officers, employees, agents, and subcontractors providing any of the Services under this Agreement shall not become entitled to, and hereby waive any claims to, any wages, salaries, compensation, benefit or any incident of employment by Agency, including but not limited to, eligibility to enroll in, or reinstate to membership in, the California Public Employees Retirement System (“PERS”) or any other retirement program, as an employee of Agency, and entitlement to any contribution to be paid by Agency for employer contributions or employee contributions for PERS benefits or any other retirement benefits.
d. To the maximum extent permitted by laws, Consultant shall indemnify, defend and hold harmless the Agency and other Indemnitees (as defined in Section 13.a herein), from any and all liabilities, damages, claims, costs and expenses of any nature to the extent arising from, caused by, or relating to Consultant’s violation of any provision of this Section 10, or any of Consultant’s personnel practices. In addition to all other remedies at law, Agency shall have the right to offset against the amount of any fees due to Consultant under this Agreement any amount due to Agency from Consultant as a result of Consultant’s failure to promptly pay to Agency any reimbursement or Paramount PSA_Prof Liability (January 2025) 5
indemnification obligation arising under this Section. The duty of indemnification set forth in this Section is in addition to all other indemnification provisions of this Agreement.

11. PERS Compliance.

General Requirements. The Parties acknowledge that Agency is a local agency member of PERS, and as such has certain pension reporting and contribution obligations to PERS on behalf of qualifying employees. Consultant agrees that, in providing its employees and any other personnel to Agency to perform any work or other Services under this Agreement, Consultant shall assure compliance with the Public Employees’ Retirement Law, commencing at Government Code § 20000, the regulations of PERS, and the Public Employees’ Pension Reform Act of 2013, as amended. Without limitation to the foregoing, Consultant shall assure compliance with regard to personnel who have active or inactive membership in PERS and to those who are retired annuitants and in performing this Agreement shall not assign or utilize any of its personnel in a manner that will cause Agency to be in violation of the applicable retirement laws and regulations. .

12. Insurance.

Unless otherwise permitted in writing by Agency’s Risk Manager, Consultant shall not commence work for the Agency until it has secured insurance in such forms and with such limits as set forth in Exhibit “C“ attached hereto, and provided evidence thereof that is acceptable to the Agency. In addition, Consultant shall not allow any subcontractor to commence work on any subcontract until it has secured all insurance required under this section.

13. Indemnification.
a. To the fullest extent permitted by law, Consultant shall defend (with counsel reasonably approved by Agency), indemnify and hold the Agency, its elected and appointed officials, officers, attorneys, agents, employees, servants, designated volunteers, successors, assigns and those Agency agents serving as independent contractors in the role of Agency officials (collectively “Indemnitees” in this Section 13) free and harmless with respect to any and all claims, demands, causes of action, costs, expenses, liabilities, losses, damages, stop notices and/or injury of any kind, in law or equity, to property or persons, including bodily injury, wrongful death, personal injury and property damage, in any manner arising out of, pertaining to, or incidental to any acts, errors, omissions, or willful misconduct of Consultant, its owners, officials, officers, employees, servants, subcontractors, consultants or agents in connection with the performance of the Consultant’s Services, and/or this Agreement, including without limitation the payment of all damages, expert witness fees and attorney’s fees and other related costs and expenses. Consultant's obligation to indemnify shall not be restricted to insurance proceeds, if any, received by Consultant, or by the Agency or any of the other Indemnitees. Consultant’s duty to indemnify and hold harmless Agency shall not extend to the Agency’s sole or active negligence or willful misconduct.

Paramount PSA_Prof Liability (January 2025) 6
b. For Design Professional Services: If Consultant’s Services hereunder include the performance of professional services by a “design professional,” as the term is defined under California Civil Code § 2782.8(c), then to the fullest extent permitted by law, the Consultant shall, at its sole cost and expense, indemnify and hold harmless the Indemnitees, and each of them, from and against any and all damages, costs, expenses, liabilities, claims, demands, causes of action, proceedings, judgments, penalties, liens, and losses of any nature whatsoever, including fees of accountants and other professionals, and all costs associated therewith, and reimbursement of attorneys’ fees and costs of defense, whether actual, alleged or threatened, to the extent arising out of, pertaining to, or relating to, in whole or in part, the negligence, recklessness or willful misconduct of the Consultant, and/or its officers, agents, servants, employees, subcontractors, contractors or their officers, agents, servants or employees (or any entity or individual for whom the Consultant shall bear legal liability) in the performance of design professional services under this Agreement.

Notwithstanding the foregoing and as required by Civil Code § 2782.8(a), in no event shall the cost to defend the Indemnitees that is charged to Consultant, exceed Consultant’s proportionate percentage of fault. Consultant’s duty to indemnify and hold harmless Agency shall not extend to the Agency’s sole or active negligence or willful misconduct.
c. The provisions of this Section 13 shall survive the termination of this Agreement.

14. California Labor Code Requirements.
a. Consultant is aware of the requirements of California Labor Code Sections 1720, et seq. and 1770, et seq., which require the payment of prevailing wages and the performance of other requirements on certain “public works” and “maintenance” projects (“Prevailing Wage Laws”). If the Services are being performed as part of an applicable “public works” or “maintenance” project, as defined by the Prevailing Wage Laws, and if the total compensation is $1,000 or more, Consultant agrees to fully comply with the Prevailing Wage Laws. These rates are on file with the Agency Clerk or may be obtained at: http://www.dir.ca.gov/OPRL/DPreWageDetermination.htm. (i) Copies of the prevailing wage rates may be obtained at cost at the Agency Clerk's office. Consultant shall post a copy of such wage rates at the job site and shall pay the adopted prevailing wage rates as a minimum. Consultant shall comply with the provisions of Sections 1775, 1776, 1777.5, 1777.6, and 1813 of the Labor Code. Pursuant to the provisions of 1775 of the Labor Code, Consultant shall forfeit to the Agency, as a penalty, not more than $200.00 for each calendar day, or portion thereof, for each laborer, worker, or mechanic employed, paid less than the stipulated prevailing rates for any work done under this Agreement, by them or by any subcontractor under them, in violation of the provisions of this Agreement. (ii) Consultant shall defend, indemnify and hold the Agency, its officials, officers, employees and agents free and harmless from any claims, liabilities, costs, penalties or interest arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. It shall be mandatory upon the Consultant and all subcontractors to comply with all California Labor Code provisions, which include but are not limited to prevailing wages (Labor Code Sections 1771, 1774 and Paramount PSA_Prof Liability (January 2025) 7
1775), employment of apprentices (Labor Code Section 1777.5), certified payroll records (Labor Code Sections 1771.4 and 1776), hours of labor (Labor Code Sections 1813 and 1815) and debarment of contractors and subcontractors (Labor Code Section 1777.1). The requirement to submit certified payroll records directly to the Labor Commissioner under Labor Code Section 1771.4 shall not apply to work performed on a public works project that is exempt pursuant to the small project exemption specified in Labor Code Section 1771.4.
b. If the Services are being performed as part of an applicable “public works” or “maintenance” project, then pursuant to Labor Code Sections 1725.5 and 1771.1, the Consultant and all subcontractors performing such Services must be registered with the Department of Industrial Relations. Consultant shall maintain registration for the duration of this Agreement and require the same of any subcontractors, as applicable.

Notwithstanding the foregoing, the contractor registration requirements mandated by Labor Code Sections 1725.5 and 1771.1 shall not apply to work performed on a public works project that is exempt pursuant to the small project exemption specified in Labor Code Sections 1725.5 and 1771.1.
c. This Agreement may also be subject to compliance monitoring and enforcement by the Department of Industrial Relations. It shall be Consultant’s sole responsibility to comply with all applicable registration and labor compliance requirements. Any stop orders issued by the Department of Industrial Relations against Consultant or any subcontractor that affect Consultant’s performance of the Services, including any delay, shall be Consultant’s sole responsibility. Any delay arising out of or resulting from such stop orders shall be considered Consultant caused delay and shall not be compensable by the Agency. Consultant shall defend, indemnify and hold the Agency, its officials, officers, employees and agents free and harmless from any claim or liability arising out of stop orders issued by the Department of Industrial Relations against Consultant or any subcontractor.

15. Data Security.
a. As used in this Agreement, “Agency Data” means any and all information and data provided or made accessible, directly or indirectly, to Consultant by Agency, or otherwise acquired from Agency, in connection with Consultant’s performance of the Services. As between the Consultant and the Agency, any and all Agency Data is solely owned by Agency. Consultant is granted a limited, non-exclusive, and revocable license to use Agency Data solely as necessary to perform the Services. At no time shall Consultant use Agency Data for its own purposes, or sell, disclose or disseminate Agency Data, except as required by law or to provide the Services. At all times herein, Consultant shall protect and maintain the security of Agency Data using methods providing not less than the level of security Consultant uses for its own confidential data, and that otherwise comply with recognized industry data security standards applicable to similar kinds of governmental data and information. b. To the extent any Agency Data consists of personal information as defined in the California Consumer Privacy Act (Civil Code Section 1798.100, et seq.), Consultant shall comply with that statute and with Civil Code Section 1798.80. et seq., including providing the required notifications in the event of any unauthorized access or Paramount PSA_Prof Liability (January 2025) 8
disclosure of personal information stored, maintained, accessed, used or transmitted by Consultant in connection with this Agreement. Notwithstanding the foregoing, Consultant shall within 24 hours notify the Agency Representative by telephone and in writing of any unauthorized access of Agency Data. Thereafter, Consultant shall render any assistance to Agency and law enforcement as necessary to ascertain the nature and extent of such unauthorized access.
c. Consultant shall not store Agency Data using cloud-based storage without Agency’s prior, written consent, unless the use of such storage is clearly described in the Scope of Services. Where permitted herein, any and all cloud-based storage shall be on servers and other hardware located within the continental United States, and shall be in compliance with ISO/IEC 27001 - 27018, as applicable, unless otherwise agreed to in writing by the Agency Representative. Cloud storage using Amazon Web Service or Microsoft Azure shall be deemed to satisfy the requirements of this subsection (c).

16. Confidential Information
Consultant understands and agrees that, in the performance of the Services under this Agreement or in contemplation thereof, Consultant may have access to private or confidential information which may be owned or controlled by the Agency and that, if disclosed to third parties, could be damaging to the Agency. Consultant agrees that all Agency information and data provided to or made accessible to Consultant by Agency shall be held in confidence and disclosed only as needed in performance of this Agreement, or as required by law. Consultant shall exercise the same standard of care to protect such information as a reasonably prudent consultant would use to protect its own confidential and/or proprietary information and data.

17. Laws and Venue.

This Agreement shall be interpreted in accordance with the laws of the State of California without regard for conflicts of laws rules. If any action is brought to interpret or enforce any term of this Agreement, the action shall be brought in a state or federal court situated in the County of Los Angeles, State of California. Consultant must comply with the claim procedures set forth in Government Code section 900, et seq. prior to filing any lawsuit against the Agency.

18. Termination.
a. Agency has the right to terminate any portion or all of the Services under this Agreement with or without cause, by giving ten (10) calendar days’ prior, written notice to Consultant. In such event, Agency shall be immediately given title to and possession of all Work Product, including all related intellectual property rights, and original field notes, drawings and specifications, written reports and all other documents produced or developed pursuant to this Agreement. Provided Consultant is not then in breach, Agency shall pay Consultant the reasonable value of services rendered for any portion of the Services completed prior to termination. If said termination occurs prior to completion of any specific task for which a payment request has not been received, the charge for Services performed shall be the reasonable value of such Services, based on an amount agreed to by Agency and Consultant.

Paramount PSA_Prof Liability (January 2025) 9
Agency shall not be liable for any costs other than the charges or portions thereof which are specified herein. Consultant shall not be entitled to payment for unperformed services or services within the Scope Services performed prior to the effective date of this Agreement, and shall not be entitled to damages or compensation resulting from such termination of the Services.
b. Consultant may terminate its obligation to provide further Services under this Agreement by serving written notice of termination to the Agency, provided Consultant has first served the Agency with a written notice of default and demand to cure, and Agency has failed to cure such default within thirty (30) days of receipt of such notice.

19. Ownership of Work Product.
a. Except as otherwise provided in Section 18, “Termination”, above, and unless otherwise agreed upon in writing, all draft and final reports, documents, and other written material, and any and all images, ideas, concepts, designs including website designs, source code, object code, electronic data and files, and/or other media whatsoever created or developed by Consultant in the performance of this Agreement (collectively, “Work Product”) shall be considered to be “works made for hire” for the benefit of Agency. All Work Product and any and all intellectual property rights arising from their creation, including, but not limited to, all copyrights and other proprietary rights, shall be and remain the property of Agency without restriction or limitation upon their use, duplication or dissemination by Agency upon final payment being made or termination of the Agreement by Agency, provided that any such use shall be at Agency’s sole risk. Consultant shall not obtain or attempt to obtain copyright protection as to any of the Work Product. “Work Product” does not include intellectual property lawfully owned by or licensed to Consultant prior to the effective date of this Agreement.
b. Consultant hereby assigns to Agency all rights of ownership to the Work Product, including any and all related intellectual property and proprietary rights that are not otherwise vested in the Agency pursuant to subsection (a), above. c. Consultant warrants and represents that it has secured all necessary licenses, consents or approvals necessary to the production of the Work Product, and that upon final payment or Consultant’s default, Agency shall have full legal title to the Work Product, and full legal authority and the right to use and reproduce the Work Product for any purpose. Consultant shall defend, indemnify and hold Agency, and the other Indemnitees (as defined in Section 13(a), above) harmless from any and all loss, claim or liability in any way related to a claim that Agency’s use of any of the Work Product violates federal, state or local laws, or any contractual provisions, or any rights or laws relating to trade names, licenses, franchises, copyrights, patents or other means of protecting intellectual property rights and/or interests in products, ideas or inventions.

Consultant shall bear all costs arising from the use of patented, copyrighted, trade secret or trademarked documents, materials, equipment, devices or processes in connection with its provision of the Work Product produced under this Agreement. In the event the use of any of the Work Product or other deliverables hereunder by Agency is held to constitute an infringement and the use of any of the same is enjoined, Consultant, at its expense, shall: (a) secure for Agency the right to continue Paramount PSA_Prof Liability (January 2025) 10
using the Work Product and other deliverables by suspension of any injunction, or by procuring a license or licenses for Agency; or (b) modify the Work Product and other deliverables so that they become non-infringing while remaining in compliance with the requirements of this Agreement. This covenant shall survive the termination of this Agreement.

20. Party Representatives.

Consultant hereby designates _____________________________, or his or her designee, as Consultant’s Representative for this Agreement, unless and until written notice of a new representative acceptable to Agency is provided to Agency. Agency hereby designates Finance Director Lana Dich, or his or her designee, as Agency’s Representative for this Agreement. The foregoing Representatives shall be authorized to approve non-monetary revisions to this Agreement, provide consent where required herein, and to make other administrative decisions that will be binding on their respective Party, except as otherwise specifically required herein.

21. Notices.

Any notice or instrument required or permitted to be given or delivered by this Agreement may be given or delivered by depositing the same in any United States Post Office, certified mail, return receipt requested, postage prepaid, addressed to:

AGENCY:

Paramount Successor Agency
16400 Colorado Avenue
Paramount, CA 90723
Attn: Finance Director Lana Dich
CONSULTANT:

Tierra West Advisors, Inc
2616 E 3rd Street
Los Angeles, CA 90033
Attn: Vice President Lauren Yonai
and shall be effective upon receipt thereof.

22. Third Party Rights.

Nothing in this Agreement shall be construed to give any rights or benefits to anyone other than the Agency and the Consultant.

23. Equal Opportunity Employment.

Consultant represents that it is an equal opportunity employer and that it shall not discriminate against any employee or applicant for employment because of race, religion, color, national origin, ancestry, sex, age or other interests protected by the State or Federal Constitutions. Such non-discrimination shall include, but not be limited to, all activities related to initial employment, upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination.

24. Entire Agreement.

Paramount PSA_Prof Liability (January 2025) 11
This Agreement, with its exhibits, all of which are incorporated by reference herein, and all documents incorporated by reference, represents the entire understanding of Agency and Consultant as to those matters contained herein, and supersedes and cancels any prior or contemporaneous oral or written understanding, promises or representations with respect to those matters covered hereunder. Each party acknowledges that no representations, inducements, promises or agreements have been made by any person which are not incorporated herein, and that any other agreements shall be void. This Agreement may not be modified or altered except in writing signed by both Parties hereto.

This is an integrated Agreement. In the event of any conflict or inconsistency between the provisions of this Agreement and any exhibit hereto or document incorporated by reference herein, the provisions of this Agreement shall govern.

25. Severability.

The unenforceability, invalidity or illegality of any provision(s) of this Agreement shall not render any other provisions unenforceable, invalid or illegal.

26. Successors and Assigns.

This Agreement shall be binding upon and shall inure to the benefit of the successors in interest, executors, administrators and assigns of each party to this Agreement.

However, Consultant shall not assign or transfer by operation of law or otherwise any or all of its rights, burdens, duties or obligations without the prior written consent of Agency.

Any attempted assignment without such consent shall be invalid and void.

27. Non-Waiver.

None of the provisions of this Agreement shall be considered waived by either party, unless such waiver is agreed to in writing, and any such waiver shall be limited to that set of circumstances and not to any future circumstances unless another written waiver is executed.

28. Time of Essence.

Time is of the essence in each and every provision of this Agreement.

29. Agency’s Right to Employ Other Consultants.

Agency reserves its right to employ other consultants to provide the Services or similar services to the Agency.

30. Interest of Consultant.

Consultant covenants that it presently has no interest, and shall not acquire any interest, direct or indirect, financial or otherwise, which would conflict in any manner or degree with the performance of the Services under this Agreement. Consultant certifies that no one who has or will have any financial interest under this Agreement is an officer or employee of the Agency.

Paramount PSA_Prof Liability (January 2025) 12

31. Interest of Subcontractors.

Consultant further covenants that, in the performance of this Agreement, no subcontractor or person having any interest, direct or indirect, financial or otherwise, which would conflict in any manner or degree with the performance of the Services under this Agreement shall be employed. Consultant has provided Agency with a list of all subcontractors and the key personnel for such subcontractors that are retained or to be retained by Consultant in connection with the performance of the Services, to assist the Agency in affirming compliance with this Section.

32. Prohibited Interests.

Consultant maintains and warrants that it has not employed nor retained any company or person, other than a bona fide employee working solely for Consultant, to solicit or secure this Agreement. Further, Consultant warrants that it has not paid nor has it agreed to pay any company or person, other than a bona fide employee working solely for Consultant, any fee, commission, percentage, brokerage fee, gift or other consideration contingent upon or resulting from the award or making of this Agreement. If required, Consultant further agrees to file, or shall cause its employees or subcontractors to file, a Statement of Economic Interest with the Agency’s Filing Officer as required under state law in the performance of the Services. For breach or violation of this warranty, Agency shall have the right to rescind this Agreement without liability. For the term of this Agreement, no director, official, officer or employee of Agency, during the term of his or her service with Agency, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom.
[SIGNATURES ON FOLLOWING PAGE]
Paramount PSA_Prof Liability (January 2025) 12
Paramount PSA_Prof Liability (January 2025) 13

SIGNATURE PAGE FOR PROFESSIONAL SERVICES AGREEMENT

BETWEEN THE AGENCY OF PARAMOUNT

AND TIERRA WEST ADVISORS, INC
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first written above.

PARAMOUNT SUCESSOR AGENCY TIERRA WEST ADVISORS, INC.

By:____________________________ By:____________________________ John Moreno, City Manager Lauren Yonai, Vice President
By: ____________________________
[Two corporate signatures required if corporation]
ATTEST:

By:___________________________
Heidi Luce, City Clerk
Paramount PSA_Prof Liability (January 2025) 13
Paramount PSA_Prof Liability (January 2025) Exhibit B - 1

EXHIBIT A
Scope of Services
Reference Scope of Services
Paramount PSA_Prof Liability (January 2025) Exhibit C - 2

EXHIBIT B
Schedule of Rates/Payments
Consultant will invoice Agency on a monthly cycle, or otherwise as expressly provided in this Agreement. Consultant will include with each invoice a detailed progress report that indicates the amount of budget spent on each task, as applicable. Consultant will inform Agency regarding any out-of-scope work being performed by Consultant. Any other terms and conditions relating to the amount of compensation to be paid to Consultant are reference in the Cost Proposal.

Paramount PSA_Prof Liability (January 2025) Exhibit C - 2 Paramount PSA_Prof Liability (January 2025) Exhibit C - 1

EXHIBIT C

INSURANCE

1. Time for Compliance. Consultant shall not commence work under this Agreement until it has provided evidence satisfactory to the Agency that it has secured all insurance required under this section, or as may otherwise be permitted or required in writing by the Agency’s risk manager.

2. Types of Insurance Required. As a condition precedent to the effectiveness of this Agreement for work to be performed hereunder, and without limiting the indemnity provisions of the Agreement, the Consultant, in partial performance of its obligations under such Agreement, shall procure and maintain in full force and effect during the term of the Agreement the following policies of insurance. If the existing policies do not meet the insurance requirements set forth herein, Consultant agrees to amend, supplement or endorse the policies to do so.

A. Commercial General Liability: Commercial General Liability Insurance which affords coverage at least as broad as Insurance Services Office “occurrence" form CG 0001, or the exact equivalent, with limits of not less than $1,000,000 per occurrence and no less than $2,000,000 in the general aggregate. Defense costs shall be paid in addition to the limits. The policy shall contain no endorsements or provisions (1) limiting coverage for contractual liability; (2) excluding coverage for claims or suits by one insured against another (cross-liability); or (3) containing any other exclusion(s) contrary to the terms or purposes of this Agreement.

B. Workers' Compensation: Workers' Compensation Insurance, as required by the State of California and Employer's Liability Insurance with a limit of not less than $1,000,000 per accident for bodily injury and disease.

C. Professional Liability (Errors & Omissions): Consultant shall maintain professional liability insurance that covers the services to be performed in connection with this Agreement, in the minimum amount of $1,000,000 per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this Agreement. If a “claims-made” policy is provided, it shall include an extended reporting period of not less than three (3) years.

D. Commercial Automobile Liability Insurance: Consultant shall maintain automobile insurance at least as broad as Insurance Services Office form CA 00 01 covering bodily injury and property damage for all activities of the Consultant arising out of or in connection with Work to be performed under this Agreement, including coverage for any owned, hired, non-owned, or rented vehicles, in an amount not less than 1,000,000 combined single limit for each accident. The Agency of Paramount, its elected or appointed officers, officials, employees and volunteers shall be named as additional insureds on such policy.

E. Cyber Liability: Vendor shall maintain comprehensive cyber liability insurance with limits of $1,000,000 per occurrence/loss and $2,000,000 general aggregate. If a “claims-made” policy is provided, it shall include an extended reporting period of not less than three (3) years.

Paramount PSA_Prof Liability (January 2025) Exhibit C - 2 F. For Commercial General Liability and Commercial Automobile Liability (CGL Coverage):

The Agency will be named as an additional insured, under the commercial general liability (“CGL”) insurance policy coverage, for all liability arising out of the operations by or on behalf of the named insured, and this CGL policy protects the additional insured, its officers, agents and employees against liability for personal and bodily injuries, deaths or property damage or destruction arising in any respect, directly or indirectly, in the performance of the contract.
(i) Each such CGL policy shall be endorsed with the following language: The Agency of Paramount, its elected or appointed officers, officials, employees and volunteers are included as insureds with regard to damages and defense of claims arising from: (a) activities performed by or on behalf of the Named Insured, including the insured's general supervision of the Named Insured, (b) products and completed operations of the Named Insured, or (c) premises owned, leased or used by the Named Insured. (ii) This CGL policy shall be considered primary insurance as respects the Agency, its elected or appointed officers, officials, employees, agents and volunteers. Any insurance maintained by the Agency, including any self-insured retention the Agency may have, shall be considered excess insurance only and shall not contribute with it. (iii) The inclusion of more than one insured shall not operate to impair the rights of one insured against another insured, and the coverages afforded shall apply as though separate policies had been issued to each insured.
(iv)The Additional Insured coverage under the Consultant’s policy shall be primary and non-contributory and will not seek contribution from the Agency’s insurance or selfinsurance and shall be at least as broad as CG 20 01 04 13.

G. Deductibles and Self-Insured Retentions: Any self-insured retentions must be declared to and approved by Agency. Agency reserves the right to require that self-insured retentions be eliminated, lowered, or replaced by a deductible, or require proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention.

3. Waiver of Subrogation. All policies of Commercial General Liability, Commercial Automobile Liability, and Worker’s Compensation shall specifically allow Consultant or others providing insurance evidence in compliance with these specifications to waive their right of recovery prior to a loss. Consultant hereby waives its own right of recovery against the Agency, its officials, officers, employees, and agents to the extent of such coverage.

4. Evidence of Insurance. The Consultant shall deliver redacted copies of the required policies or original certificates of insurance and redacted or specimen endorsements issued by their insurer. The Consultant and its insurer are solely responsible for ensuring that the required insurance complies with this Agreement and provides adequate coverage for all services performed. The Consultant shall procure insurance policies that meet the stated standards.

At least fifteen (15) days before any policy expires, or within a reasonable time after policy renewal, the Consultant shall provide evidence of renewal or replacement coverage. If any Paramount PSA_Prof Liability (January 2025) Exhibit C - 3 policy is canceled or reduced, the Consultant must file evidence of reinstatement or replacement coverage within ten (10) days of receipt of written notice of the change.

The Agency may request copies of insurance policies and endorsements for informational purposes only, without assuming any obligation to verify compliance or adequacy.

5. Failure to Maintain Coverage. In the event any policy of insurance required under this Agreement does not comply with these specifications or is canceled and not replaced immediately so as to avoid a lapse in the required coverage, Agency has the right but not the duty to obtain the insurance it deems necessary and any premium paid by Agency will be promptly reimbursed by Consultant or Agency will withhold amounts sufficient to pay premium from Consultant payments. In the alternative, Agency may cancel this Agreement effective upon notice.

6. Acceptability of Insurers. Each such policy shall be from a company or companies with a current A.M. Best's rating of no less than A- VII and authorized to transact business of insurance in the State of California, or otherwise allowed to place insurance through surplus line brokers under applicable provisions of the California Insurance Code or any federal law.

7. Enforcement of Agreement Provisions (non-estoppel). Consultant acknowledges and agrees that actual or alleged failure on the part of the Agency to inform Consultant of noncompliance with any requirement imposes no additional obligation on the Agency nor does it waive any rights hereunder.

8. Requirements Not Limiting. Requirement of specific coverage or minimum limits contained in this Agreement are not intended as a limitation on coverage, limits, or other requirement, or a waiver of any coverage normally provided by any insurance.

Paramount PSA_Prof Liability (January 2025) Exhibit C - 3 Paramount PSA_Prof Liability (January 2025) Exhibit C - 4 WORKER’S COMPENSATION INSURANCE CERTIFICATION

WORKERS' COMPENSATION DECLARATION
I hereby affirm under penalty of perjury one of the following declarations: (ONE OF THE

PARAGRAPHS BELOW MUST BE CHECKED)
 I have and will maintain a certificate of consent from the California Labor Commission to self-insure for workers' compensation, as provided for by Section 3700 of the Labor Code, for the performance of the work to be performed under this Agreement.  I have and will maintain workers' compensation insurance, as required by Section 3700 of the Labor Code, for the performance of the work to be performed under this contract.

My workers' compensation insurance carrier and policy number are:

Carrier _____________________________________________
Policy Number _______________________________________
 I certify that, in the performance of the work under this Agreement, I shall not employ any person in any manner so as to become subject to the workers' compensation laws of California, and I hereby agree to indemnify, defend, and hold harmless the Agency of Paramount and all of its officials, employees, and agents from and against any and all claims, liabilities, and losses relating to personal injury or death, economic losses, and property damage arising out of my failure to provide such worker’s compensation insurance. I further agree that, if I should become subject to the workers' compensation provisions of Section 3700 of the Labor Code, I shall forthwith comply with those provisions.

WARNING: FAILURE TO SECURE WORKERS’ COMPENSATION COVERAGE IS

UNLAWFUL, AND SHALL SUBJECT AN EMPLOYER TO CRIMINAL PENALTIES AND CIVIL FINES UP TO ONE HUNDRED THOUSAND DOLLARS ($100,000), IN ADDITION TO THE COST OF COMPENSATION, DAMAGES AS PROVIDED FOR IN SECTION 3706 OF THE LABOR CODE, INTEREST, AND ATTORNEY’S FEES.

By: _________________________________ Dated:______________, 2026

PROPOSAL FOR CITY AND

SUCCESSOR AGENCY

ADVISORY SERVICE

THE CITY OF PARAMOUNT
Tierra West Advisors, Inc
2616 E 3rd Street, Los Angeles, CA 90033
DUNS: 85-962-1844
TAX ID: 87-0805280
CAGE Code: 63E66:

NAICS: 541611, 541613, 531210,
531390, 541618, 921130, 925120
Point of Contact & Authorized Representative:

Lauren Yonai
323-265-4400 Ext. 227
[email protected]
February 12, 2026
Ms. Lana Dich,
Finance Director [email protected]
City of Paramount
16400 Colorado Ave.

Paramount, CA 90723
RE: Successor Agency and ROPS Advisory Services and Firm Qualifications Dear Ms. Dich,
Tierra West Advisors, Inc. (“Tierra West”), a licensed full service Real Estate Advisory Firm, is pleased to provide the following Letter Proposal and brief firm overview to the City of Paramount (“City”) for the requested Successor Agency and ROPS Advisory Services. For decades, Tierra West Advisors, Inc. has offered advisory services to a variety of public agencies and private developers during redevelopment and now post-redevelopment. Our team regularly assists local communities with the insightful analysis and vision required to make sound decisions that benefit the community and stakeholders. We team with the local leaders tasked with creating vibrant public spaces and help guide communities towards prosperous and sustainable futures.

At Tierra West Advisors, we pride ourselves in creating strategies tailored specifically to meet our clients’ needs - assessing the unique strengths and opportunities of each community. We have a seasoned understanding of public sector real estate, Public/Private Partnerships, extensive market knowledge of the Southern California region, and strong relationships with landlords, tenants, and developers. The firm has the capacity and local experience to assist the City with the wide variety of financial, real estate, and economic consulting services.

Prior to the passage of ABx1 26 and AB 1484, the principals and advisors of Tierra West had provided real estate and advisory services to many public agencies and private entities throughout the State of California for more than 35 years. Tierra West understands the goals of our public sector clients’ constituents, staff and elected officials as well as those of our developers and investors as it relates to respective projects and properties.

Tierra West’s team brings extensive experience and research of the Southern California region, providing a fresh perspective along with the local familiarity required to shape the area that we also call home. Tierra West’s Principal-Chairman, John Yonai, has knowledge of the Community of Paramount, previously having several planning and real estate related projects in the community and providing staffing support. As we have with all our clients, the Tierra West Team will work with City staff to coordinate and deliver your goals in an effective, strategic and timely manner.

In addition to a wide variety of private sector clients, Tierra West has provided consulting services to over 50 public agencies throughout the state of California. Tierra West distinguishes itself from other consultancies by focusing on providing implementation services that extend through the complete project cycle - we not only assemble a collective vision, but are also committed to seeing that vision fully realized through implementation.

Tierra West is often engaged to assist communities with a myriad of post-redevelopment activities.

This includes similar Successor Agency and ROPS Advisory Services for regional Cities such as Bell, Bell Gardens, Commerce, Lynwood, Maywood, Montebello and Fullerton (to name a few). These successful past partnerships have refined our team’s swift and thorough methodology for guiding public agencies through the fallout of post-redevelopment.

Tierra West Advisors, Inc. is licensed by the Bureau of Real Estate, BRE# 018557161 and fully insured to meet the City’s requirements. John Yonai, Principal and Chairman, will be the main point of contact; both he and Ms. Rose Acosta-Yonai, Principal and CEO, are legally authorized to bind Tierra West in contract. Additionally, Tierra West is a certified SBE/MBE/WBE firm in the state of California and a SLB with the City of Los Angeles.

Tierra West Advisors, Inc. has one (1) corporate office:

Tierra West Advisors, Inc. Telephone: (323) 265-4400
2616 East 3rd Street Facsimile: (323) 261-8676
Los Angeles, CA 90033 Email: [email protected] Attached please find Tierra West Advisors brief firm information and requested proposal for the Successor Agency and City Services and draft contract as discussed in our meeting in late January 2026. Please feel free to call if you have any further questions.

Thank you for your consideration and we look forward to the opportunity of working with the City of Paramount.

Sincerely,
Tierra West Advisors, Inc
Lauren Yonai Rose Acosta-Yonai
Vice President CEO-Principal

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 4

BUSINESS INFORMATION
Tierra West’s roots trace back to 1980, when John Yonai began providing real estate advisory and financial consulting services to public agencies and private entities throughout Southern California.

Over the next several decades, he built a reputation for developing ongoing partnerships involving projects that included structuring complex development transactions, advising on redevelopment strategy, and guiding projects from concept through implementation.

Prior to expanding Tierra West in 2006, John served as Partner-in-Charge of the real estate practice at a Southern CA consulting firm, where he developed and oversaw major public-sector assignments involving redevelopment planning, financial structuring, acquisition and disposition strategy, and development agreement negotiation. This experience helped shape the firm’s disciplined implementation-focused advisory approach.

In 2006, Rose Acosta Yonai joined the firm as partner, bringing extensive expertise in real estate transactions, acquisition coordination, contract administration, and public-sector implementation services. Her addition strengthened Tierra West’s operational and administrative depth and formalized the firm’s expanded implementation-focused advisory approach.

Today, the firm continues its evolution with the leadership of Vice President, Lauren Yonai, who oversees proposal strategy, ROPS, grant management, affordable housing compliance and other real estate related projects. Multi-generational continuity reflects a sustained commitment to stewardship, accountability, and institutional knowledge.

Since 1980, Tierra West Real Estate Consultants has provided professional real estate consulting to a number of California corporations and public/private entities. John Yonai (Chairman and Principal), previously served at a Southern California consulting firm as the Partner-In-Charge, developing and overseeing the firm’s real estate practice and efforts. In September 2006, Mr. Yonai expanded the services and scope of Tierra West Real Estate Consultants. At this point, Tierra West Real Estate Consultants brought on Partners and reorganized itself as Tierra West Advisors, Inc., to include the following advisory services:
• Agency-wide and project-specific financial plans
• Computer financial planning models
• State and federal transportation funding
• Innovative transportation funding and Public/Private Partnerships (P3s) • Debt financing strategies
• Value capture analysis/strategy
• Market analysis
• Economic impact analysis
• Development pro-forma/feasibility
• Post-redevelopment advisory services, including Recognized Obligation Payments Schedule (ROPS)
• Economic and policy development strategies and financing • Real estate financial services including pro forma analysis and feasibility studies

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 5
• Brokerage, acquisitions and dispositions
• City Planning – current and advanced planning and assisting private Clients through the entitlement process
Tierra West is a full-service real estate and development advisory firm and is a licensed corporate broker in the State of California; license #01857161. Principals John Yonai/Broker and Rose Acosta Yonai Salesperson are all licensed in the State of California. Tierra West is a certified WMBE von#12060021 and SBE/DBE/MBE firm under the California United Certification Program (CUCP) #39013 and with Metro file #5416 and #5417. Tierra West is also a certified Small Local Business (SLB) under the City of Los Angeles #2829.

Tierra West meets all the insurance requirements of public agencies and will comply with the Insurance Requirements of the City. Tierra West currently carries the following insurance coverage that meets or exceeds the City’s insurance requirements:

Commercial General Liability – Each Occurrence $2,000,000, General Aggregate $4,000,000 Automobile – Combined Single Limit - $2,000,000
Workers Compensation and Employers Liability – Each Accident $1,000,000 Commercial Errors & Omissions – per claim & Aggregate $2,000,000 The firm is incorporated in the State of California and is located at:
2616 East 3rd Street
Los Angeles, CA 90033
Telephone: (323) 265-4400
Facsimile: (323) 261-8676
Email: [email protected]
Tierra West will provide the following professionals for assignments:

John Yonai, Principal/Partner Rose Acosta Yonai, Principal/Partner* Lauren Yonai, Vice President/Director Danilo Batson, Director* Manny Mancha, Director* Louis Morales, Director*
Rob Hoffman, Sr. Associate Jane McFarren, Associate
Kristin DiMirez, Sr. Analyst
* Fluent in Spanish
Tierra West is organized with a team-oriented focus. Our team approach is committed to provide support and cooperation amongst its members. The assembled team for this assignment will meet regularly to discuss projects with the respective Tierra West project manager and stay in contact via email and scheduled meetings; in special cases the team will meet on a daily basis if needed.

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 6
Tierra West proposes and is able to provide the following Successor Agency/ROPS Advisory services:
• Estimate the fees and other revenue available to the successor agency and size the administrative services to be provided to meet the budget; • Review the Enforceable Obligation Schedules prepared by the redevelopment agency; • Review critical portions of redevelopment files to confirm obligation schedules; • Interface with the successor agency stakeholders (county, city, school districts, taxing agencies, employees) to coordinate the formation of the Oversight Board, which will oversee and approve the activities of the successor agency;
• Work with the county auditor-controller and the state Department of Finance to set up processes and procedures for the management of the successor agency; • Determine the staffing level that will be required to meet the obligations of the successor agency and make recommendations to the Oversight Board on staff placement; whether as employees or subcontractors to Tierra West, or as employees or contractors of the successor agency: pursuant to the direction of Oversight Board;
• Maintain and update Enforceable Obligation Payment Schedule(s) (EOPS); • Maintain liaisons with Oversight Board, county auditor-controller, and state Department of Finance to assure prompt payment of enforceable obligations and avoid defaults; • Maintain budgets and cash flow projections to assure there are no surprises to stakeholders; • With the approval of the Oversight Board, county auditor-controller, and Department of Finance: set up reserves where required for the payment of future balloon or principal expenditures;
• Coordinate with Oversight Board the selection of a successor housing agency and the transfer of assets that AB 26 directs be conveyed in favor of successor housing agency; • Arrange for the appraisal of all assets to be sold;
• Inspect properties, review appraisals, and analyze other factors impacting value and marketability of redevelopment agency assets and recommend a sales program for the sale of redevelopment agency assets that will be immediately sold; • Based upon the review of properties under development, advise Oversight Board on the workout of the respective projects: making recommendations on whether or not to complete, sell, or workout the project in its existing condition; and • Perform any other duties required to windup the successor agency in accordance with AB 26 and the available budget.

Tierra West is organized with a team-oriented focus. Our approach is committed to provide support and cooperation amongst all team members. When working with Tierra West, the City can expect:

Organization Expertise – Tierra West has the expertise to assess all aspects of project organization, including; management structure and effectiveness, financial systems, resource allocation, and interdepartmental communications and coordination and public process. We have assisted many public agencies in assessing and redesigning their organizational structure and the allocation of personnel resources. We are experienced in analyzing the adequacy of policies and procedures, evaluating performance, and proposing practical recommendations for improvement. Our consultants have extensive experience in developing tactical objectives and key performance indicators that have aided our clients in improving their efficiency and effectiveness.

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 7
Responsive Client Service – Tierra West is committed to providing the highest level of service to meet the City’s needs. We can make this commitment based upon our success in performing similar assignments throughout California.

Clear Roles and Responsibilities
It is important that all members of a large project team have a clear understanding of their respective roles and responsibilities on any given project. We understand the best and most effective ways to collaborate with one another, to bring out each other’s best talents in solving complex design challenges and creating a compelling vision in concert with our clients and community stakeholders.

Effective Communication Effective and respectful communication is a key aspect of our project management process. Tierra West has developed various methods for working with groups in an interactive, participatory, and productive manner which enhances the planning and visioning process.

Quality Control and Exchange of Information
Producing clearly presented materials and final products is essential to the success of a project. The Project Manager will conduct quality control reviews in each phase of a project.

FIRM QUALIFICATIONS
With over 35 years of experience working alongside public sector, utility, private, and non-profit clients, Tierra West has long served as a trusted advisor. In addition to a wide variety of private sector clients, the Firm has provided consulting services to over 50 public agencies, developers and privately held corporations throughout the state of California. Mr. Yonai has structured, analyzed, negotiated and provided implementation services on over 100 development agreements during the past 25 years.

Tierra West distinguishes itself from other consultancies by focusing on providing implementation services that extend through the complete project cycle - we not only assemble a collective vision, but also are committed to seeing that vision fully realized through implementation.

Tierra West’s multi-disciplinary work experience with local governments to implement development, long-range planning and real estate projects are signature services of the Firm. Recent notable projects have included the Regional Connector Transit Project, City of Commerce Washington Boulevard Widening and Reconstruction and Telegraph Road Corridor Revitalization Project-Citadel I /Citadel II, Huntington Park-Focused General Plan update, and Union Station CAM Cost Allocation; among others.

These past projects have refined the Firm’s proven methodology and implementation strategies for executing successful TOD projects, project feasibility and financial analysis, transactional structuring, adaptive reuse, and revitalization plans in passionate and evolving communities.

SUCCESSOR AGENCY AND POST-REDEVELOPMENT ROPS ADVISORY SERVICES

Tierra West’s implementation services take into consideration a City’s long-range strategic plan while securing the “highest and best use & value” for the disposition and development of real property assets. Our team applies a well-balanced and pragmatic approach to implementing real estate

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 8
disposition plans. With our experience with public agencies and cities throughout our collective professional careers, we understand the unique requirements that accompany the sale of real property owned by a public entity.

Prior to the passage of AB1 X26 and AB 1484, the principals and advisors of Tierra West had provided real estate and advisory services to many public and quasi-public agencies and private entities throughout the State of California for more than thirty-five (35) years. Tierra West understands the goals of our public sector clients’ constituents, staff and elected officials as well as those of our developers and investors as it relates to respective projects and properties.

Tierra West is often engaged to assist communities with a myriad of post-redevelopment activities. This includes similar Successor Agency and ROPS Advisory Services for regional Cities such as Bell, Bell Gardens, Commerce, Lynwood, Maywood, Montebello and Fullerton (to name a few). These successful past partnerships have refined our team’s swift and thorough methodology for guiding public agencies through the fallout of post-redevelopment.

Tierra West brings a multi-disciplined background of implementation advisory support to the Successor Agency, Oversight Board and the DOF as is required under AB 26X1 and AB 1484. Inventory and Support services include, but are not limited to, creating housing asset lists, developing long-range property management plans, implementation of property management strategies, and interim staffing services. If required, Tierra West is available to organize and attend Meet-and-Confer conferences between the Department of Finance and the Successor Agency. Tierra West’s intimate knowledge of redevelopment law and our experience working with agencies throughout California provides the firm with a unique ability to guide our clients through the dissolution process.

Long-Range Property Management Plan
Pursuant AB 1484 Successor Agencies have six (6) months after receiving a Finding of Completion from the Department of Finance (DOF) to submit a Long Range Property Management Plan (LRPMP) to the respective Oversight Board and DOF for approval. Tierra West will address the use and disposition of the real properties held by the former redevelopment agency; the ultimate goal is to transfer all rightful assets back to the City/Successor Agency for highest and best use per the criteria in CHSC Section 34191.5. Permitted uses include the following: a) retention of property for government use, b) retention of property for future development, c) sale of property; or use of property to fulfill and enforceable obligation; DOF property information spread sheet must be submitted LRPMP.

Use/Disposition Implementation Alternatives
Upon the completion of the property inventory, includes all properties that have been transferred back to the Successor Agency-previously held by the former redevelopment agency, Tierra West will meet with City Staff to determine the use and disposition of each site. Tierra West will provide a recommendation for each site; pursuant to the criteria of CHSC Section 43191.5. Permitted uses include: a) retention of property for governmental uses, b) retention of property for future development, c) sale of property, d) use of property to fulfill an enforceable obligation. The goal is to retain as many assets as possible, and transferring all rightful assets back to the City for the “Highest and Best Use”- a significant deliverable of AB 1484.

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 9
Disposition/Marketing Strategies
Tierra West proposes a multi-layered approach for marketing real assets by providing maximum exposure to as many potential buyers, developers and brokers as possible. Tierra West is members of the two (2) leading commercial real estate listing services; LoopNet and AIR Commercial Real Estate Association. Tierra West’s marketing efforts may include some or all of the following: development of brochure(s) for respective site(s), advertisement postings on both trade websites, weekly electronic notifications to parties of interest, signage on the Site, and preparation of direct marketing pieces. Our marketing team will also utilize the network of resources from other real estate professionals that have been cultivated over the last three (3) decades; seeking out the best suited investor/developer whose plan compliments the City’s desired use for the site.

REAL ESTATE SERVICES
Project Management and Coordination
In addition to intricate acquisition negotiations services, Project Management services are provided by Tierra West. Project coordination including dissolution, disposition, bidding, selection of management for hazardous materials surveys, management plans, and hazardous waste remediation activities; hiring and supervising fee interest, review appraisers, fixtures and equipment and goodwill appraisers; providing construction management services from project conception to completion; relocation services and process; formulating acquisition and relocation settlements; bidding and selecting escrow and title services, engineering services, escrow services including bulk sales; property management, asset management, assisting in the condemnation process, and additional support services are provided as required.

Property Acquisition/Disposition/Negotiation/Brokerage
Implementation programs frequently require property acquisition, disposition and negotiation services. Tierra West is available as needed to provide such services. All services will be provided in conformance with State and Federal guidelines regulating the acquisition of properties by public entities. For many agencies, Tierra West consultants have provided project management, managing the assembly, coordination, and negotiation services for: the acquisition and disposition of business properties, vacant properties, single-family homes, multi-family residential units, mobile home parks, industrial enterprises, a variety of retail uses including franchises; all forms of rights-of-way, including, temporary and permanent easements, licenses, partial and full acquisitions, air rights, avigation easements; mineral, oil and gas rights, and other related forms of acquisition. Document preparation, notification, presentation, negotiations, file maintenance, and close out are also part of our services.

Relocation
Tierra West provides oversight and coordination of relocation services that may be required by a project. Tierra West consultants have been routinely retained to assist and often times contract with and oversee the work of specialty relocation consultants. Services include coordination of owner/tenant interviews, determine eligibility, distribute informational statements, provide alternative locations, handle settlements, and maintain files to close out.

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 10
Property Management
Tierra West is available to provide property management services for Agency-owned properties.

Typically, Tierra West has provided interim management services when either the property will be held for only a short time, or when time is needed to select a long-term permanent management Company.

Services vary and may include property set-up, rent collection, develop leases, prepare requests for proposals, and other property asset management services that may be required.

Support-for-Design and Interim Support Services
Support-for-Design and Interim Support Services are available for projects in both the pre-construction and construction phase of an assignment. Our Support-for-Design and Interim Support Services are of particular value when implementing projects of notable size, involving numerous phases and highly sensitive deadlines. Tierra West staff implements innovative solutions when handling time consuming assignments that encumber a project. Tierra West essentially becomes an extension of staff and assists in achieving the goals, objectives, and policies established by the client in a cost effective and time efficient manner.

Wireless Telecommunications Facilities – Monetization
Digital connectivity is a vital component of daily life, and Tierra West has been working with governmental agencies, venues and wireless carriers to ensure customers, residents, businesses and stakeholders are better connected for 2018 and beyond. There is an increased demand for enhanced mobile wireless services. Companies like Verizon, Sprint, AT&T, T-Mobile, US Cellular, Mobilitie, Tower, Castle and others are and will continue to requesting use of publicly owned sites, public right-of-way (“ROW”) and City infrastructure to install outdoor wireless antenna systems in order to serve the growing demand for mobile wireless services. Both Large and Small Cell technology is growing in popularity because of their flexibility, environmentally friendly installations, and improved signal with less power. With this fairly new technology and other infrastructure enhancements, wireline telecommunications providers are accommodated in the ROW under the law. All Cities have a great need for new City policies that facilitate access to the ROW & City infrastructure for wireless antenna systems and monetize the City facilities to optimally enhance the general fund and services.

IMPLEMENTATION AGREEMENTS
Development Planning and Analysis
Tierra West is available to provide development planning and analysis for specific project undertakings.

Typically, this would involve the preparation of a Design-for-Development, for adoption by the agency, which sets the basic parameters for the proposed development. The options available to the agency for the development of a specific site can be analyzed to determine the optimal outcome and project recommendation.

Development Pro-Forma Analysis/Negotiation
Tierra West is available to provide financial pro-formas for potential post redevelopment projects to assist the agency in determining the financial viability of a project and determine the degree of participation which may be required by the Agency. Tierra West is also available to assist with developer negotiations as needed.

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 11
Agreement Preparation
Tierra West is available to assist client staff and legal counsel in the drafting of agreements, typically; Disposition and Development Agreements (DDA) or Owner Participation Agreements (OPA). These agreements outline the responsibilities of the parties.

Agreement Processing
Tierra West is available to prepare the back-up materials, agenda staff reports and summary reports (required by post redevelopment law) and assure that proper noticing and hearings are held in conformance with law.

PUBLIC AGENCY ADMINISTRATION
Agenda Materials
Tierra West will draft resolutions, reports, notices, plans, agenda staff reports, and back-up materials as requested by client staff.

Meetings
Tierra West staff is available to attend meetings of the client, Board of Supervisors, Board of Directors, Council, Housing Authority, Planning Commission, project advisory committees, and meetings with property owners and residents, when necessary. Tierra West has a track record of developing good working relationships with affected citizens, community, staff members, and elected officials.

General Administrative Services
Tierra West is available to assist with all other administrative matters on an as-needed basis. These services could include assisting with client staffing as interim services, filing document control systems, providing specialized services related to real estate appraisals, acquisition negotiations, relocation, market analysis, detailed development analysis, or goodwill appraisals. Tierra West may not directly provide all of these services but could assist by identifying those consultants who have experience in the necessary areas of expertise and coordinate the provision of their services.

SPECIAL PROJECT ACTIVITIES
Cannabis Administration Program
Tierra West provides local urban and rural communities assistance with the development and implementation of regulatory compliant cannabis programs. Our Cannabis Industry practice serves all clients and programs are customized to fit the particular needs of each client; bringing maximum economic benefits to the municipal body, the civic community and the private business sector. Our services range from the development of strategic plans for a full public regulatory compliant program through program implementation and compliance inspections. In collaboration with former government policy makers, seasoned industry experts and in conjunction with best practices, Tierra West provides seamless consulting services which can bring an economic development and revenue generating program to your community.

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 12
Economic Development Strategies
Economic Development Strategic Plans are important for addressing public infrastructure deficiencies, land-use issues, business retention/attraction programs, streetscape programs, and other projects that could be impacting business growth.

Cost Benefit Analysis/Economic Impact Analyses
Tierra West is available to aid in analyzing the costs and benefits of specific development proposals targeting specific users and to help create an economic development program which is beneficial to the local tax base. Implementation of redevelopment plans should be accomplished in such a way as to promote economic stability and future revenue flow to the Agency and other taxing entities. With periodic slowdowns in real estate market activities, it is necessary for redevelopment agencies to take a lead role in promoting local economic development.

Specific Project Activities
As necessary, Tierra West is available to analyze specific projects, develop schedules and budgets, and prepare necessary documentation.

Tierra West is uniquely qualified and exceptionally experienced in performing the work required to support the City’s economic and financial needs. The following list of completed projects are representative samples of the type of project experience and caliber of work that Tierra West is known for delivering.

AECOM/MTA

THE REGIONAL CONNECTOR PROJECT
Provided real estate support services for the Connector Partnership (AECOM & Parsons/Brinckerhoff) and MTA for the proposed right-of-way (“ROW”) required for the 1.9 mile subway tunnel from Union Station to the 7th and Flower Metro Center Station. Connects the Metro Gold Line, Blue Line and Expo Line enabling passengers’ access to the entire Regional Transit System.

The Connector required project management, coordination, negotiations, acquisition coordination and negotiation involving several office towers, single story commercial properties, specialized property uses, retail businesses and public facilities. Negotiations involved single story to multi-story high rises owned by sophisticated real estate investors along the high priority light rail line.

ROW support included project coordination for various right-of-way services including; agreement negotiations for project design, construction and operations, document review, document preparation, file maintenance, consultant coordination, site analysis, economic feasibility, and market analysis.

CITY OF POMONA PARKING STRUCTURE AND MAYA THEATER
Tierra West assisted the City of Pomona and Vehicle Parking District (“VPD”) with the feasibility and development of 1000 stall parking structure. The purpose of the analysis was to determine the need for additional parking that would be required as more evening venues in the Downtown area continued to open and thrive. Over the past several years, the growing demand for nighttime parking as compared

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 13
to available stalls has continued to grow and it has become increasingly difficult to accommodate patrons. The situation is not commensurate with the robust interest in the area nor does it support future development or business attraction. Tierra West was involved in the analysis of two (2) potential projects being proposed which included the development of a multiplex theater in the downtown area and the construction of a 366 unit multi-story residential commercial mixed- use project. Our scope for this exciting opportunity consisted of developing a comprehensive analysis, including working collectively with City and VPD staff. Tierra West’s proactive approach assisted in facilitating existing goals of effectively developing and leveraging the Project Site, addressing the growing need for additional parking, while supporting the continued growth, viability and reinvestment of the Downtown area.

CITY OF COMMERCE – WASHINGTON BLVD WIDENING AND RECONSTRUCTION PROJECT Tierra West assisted the City of Commerce with the Washington Boulevard Widening and Reconstruction, a project of local and regional importance. Funding sources included City, Federal, State and Measure R Funds. The City improved Washington Boulevard from the Santa Ana Freeway to the City’s western boundary. The total cost of the project was estimated at $35,000,000 for the reconstruction of Washington Boulevard with concrete and asphalt to increase the surface life and correct the existing deteriorating pavement. Improvements included 29 permanent easements, multiple temporary easements, utility easements, driveway relocations, and business displacement/relocation. Further improvements involved restriping the roadway surface to allow the addition of a third lane in both directions, traffic signal and intersection upgrades to enhance traffic flow and reduce traffic congestion, addition of sidewalks, ADA compliance, drainage, streetlights/utility upgrades, median and parkway landscape upgrades, widening a small portion of Washington Boulevard; creating a consistent roadway width along the entire Reconstruction Project.

CITY OF COMMERCE – TELEGRAPH ROAD CORRIDOR REVITALIZATION PROJECT Commerce Casino and Citadel Outlet Expansions
Tierra West worked with the City of Commerce and the Commerce Community Development Commission from 2002-2016 on the revitalization and economic strategy for the Telegraph Road Corridor Revitalization Project (“Corridor”). The Corridor is approximately three (3) miles long and runs parallel to the Golden State Freeway along Telegraph Road between the 710 Freeway and Garfield Avenue.

The Corridor is best
known for the Citadel
Outlet Mall and the
Commerce Casino, two
(2) successful anchors in
the eastern portion of
the Corridor. However, there are a wide variety of uses including single family residential, mult-ifamily residential, office, car dealerships and several forms of retail located along this portion of Telegraph.

The City’s primary goal for the Corridor was to preserve and create affordable, safe housing for

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 14
Commerce residents while exploring potential development opportunities to leverage the success of the Citadel and Casino.

Tierra West has provided numerous services in relation to this assignment including an Environmental Impact Report, residential relocation analysis, financial feasibility analysis for potential uses, negotiations with developers and property owners, attending community meetings, site plan reviews for potential
developments, and economic development strategy formulation with staff.

Due to the Corridor’s location, the currently successful anchors, and the opportunity to assemble and develop vacant land, the City and Commission envision this Corridor becoming a future regional destination. Tierra West has played a crucial role in the process of making this vision a reality.

KINKISHARYO INTERNATIONAL/MTA P3010 CONTRACT
Kinkisharyo Corporate Facility and MTA P3010 contract Award – Tierra West was the Broker of record representing
Kinkisharyo International (KI) (also LAX) in its search and selection of a corporate facility to support the design, manufacturing, and delivery of 300 light rail vehicles (LRV’s) for the LACMTA light rail system. Services included site research, valuation and analysis, transactional structuring, negotiations with corporations, owners, brokers, and banks in the acquisition of a site. Tierra West also developed offers, coordination of escrow and title services, and preparation of closing transactions and file management.

HUD AND THE CITY OF LOS ANGELES

NORTHEAST LOS ANGELES RIVERFRONT COLLABORATIVE (NELA-RC) Tierra West served as project manager and economic
development advisors of the Northeast Los Angeles Riverfront Collaborative working with the Department of Housing and Urban Development (HUD) and the City of Los Angeles Economic and Workforce Development Department (EWDD) on a $2.25
Million dollar Community Planning Challenge grant. The
Northeast Los Angeles Riverfront Collaborative is part of the HUD grant in implementing the next step to further developing the 2007 Los Angeles River Master Plan. Tierra West developed a well-organized and comprehensive approach that links land use plans and economic development strategies to support the revitalization of the NELA Study area, which includes the communities of Atwater Village, Cypress Park, Elysian Valley, Glassell Park, and Lincoln Heights. The scope of Tierra West’s involvement with this project involved the following:

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 15
- Directed a multi-disciplinary team of 18 organizations – ranging from non-profits, community advocacy groups, City Economic Development staff, and many other regional and federal governing entities – to form a cohesive approach to the project; - Surveyed over 1,800 parcels to compile market analysis data; - Conducted community outreach workshops for residents and stakeholders to share their collective goals and visions for the area’s revitalization; - Developed the Northeast Los Angeles Riverfront Vision Plan – a guiding document for economic development planning, land use and planning principles, market studies including retail analysis and workforce development, as well as local demographic and regional data.

In late 2014, Los Angeles City Council unanimously approved the final recommendations made by our collaborative. Tierra West’s final deliverable was a comprehensive Economic Development Roadmap report, which highlighted community outreach summaries, feedback from developers, opportunity sites, alternative funding mechanisms, and potential project feasibility.

CITY OF HUNTINGTON PARK, FOCUSED GENERAL PLAN
The City secured the services of Tierra West to assist with their General Plan update as part of a Metro grant for future TOD development. As the Project Manager, Tierra West led a multi-disciplinary effort to administrate a HUD Transit-Oriented-Development (TOD) Planning Grant to guide Huntington Park into the future with a revised blueprint for development.

The elements to update were housing, circulation, and land-use. Tierra West was tasked with ascertaining the potential highest and best re-use (type and density) of Cityowned lots within the context of being compatible with the circulation element and the City’s overall development goals for the next 10 years. By revising specific elements of the General Plan as presented in the focused update, the City sought to implement the vision of the TOD Planning Grant; encouraging non-automobile related travel.

SOUTHERN CA REGIONAL RAIL AUTHORITY – SCRRA/METROLINK
LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY – MTA/METRO

UNION STATION COMMON AREA MAINTENANCE COST ALLOCATION
The Southern California Regional Rail Authority (SCRRA/Metrolink) and the Los Angeles County Metropolitan Transportation Authority (MTA/METRO) initially retained Tierra West to perform a study of the present allocation of common area maintenance (CAM) costs attributed by the property owner MTA of Los Angeles Union Station (LAUS) and the associated land and facilities. In analyzing CAM allocation methodologies from comparable transportation and mixed-use case studies, our team utilized benchmarks that reflected both Metrolink and Metro’s stated project goals. Tierra West provided a Final Report that encompassed the initial Scope of Work and Deliverables.

Subsequent discussions with SCRRA and MTA since completing the initial Final Report resulted in additional analysis and Scope of Work (SOW). The goal of the additional SOW was to further implement the CAM Allocation Alternatives and increase accuracy in TWA’s forecast of the net effect of our recommendations regarding the LAUS CAM budget line items. Project still in progress.

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 16

REFERENCES

CITY OF COMMERCE
Mr. Ernie Hernandez, City Manager
[email protected]
(323) 722-4805

CITY OF BELL GARDENS, SUCCESSOR ADVISORY SERVICE
Mr. Michael O’Kelly, City Manager Mr. Manuel Carrillo, Finance Director [email protected] [email protected]
(562) 806-7712

CITY OF MAYWOOD
Ms. Rimo Hansen, Finance Director
[email protected]
(562) 576-8268

TIERRA WEST KEY STAFF AND RESUMES

John Yonai, Chairman/Principal – will serve as Project Manager and the main point of contact for the City’s Executive and Senior Staff; liaising between City and the Firm’s project team. He shall be responsible for directing all aspects of project communications to ensure the highest quality of service, client satisfaction, and damage control. At his discretion, the appropriate project team member will be assigned to a specific project task.

Rose Acosta-Yonai, CEO/Principal – as Senior Administrative Advisor, her supervisory responsibilities will serve as an adjunct to the successful execution of tasks and deliverables the City may assign. Will also serve as the day-to-day contact for City and Tierra West staff communications and will oversee project coordination and document review for all aspects of tasks and deliverables; optimizing quality assurance and project team’s responsiveness.

Lauren Yonai, Vice President/Director– will provide administrative support and assist with research, preparation and printing of all written deliverables. She will also coordinate project logistics and research real property related documents, deeds, title reports, leases, and transfer documentation.

Rob Hoffman /Sr. Associate – specializes in financial analyses for Tierra West’s projects. He develops and assists in economic benefit analysis, pro forma analysis, valuation, and comparable transactions analysis. Also assists with research and review of regulatory compliance requirements.

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 17
JOHN YONAI / Principal-Partner
John Yonai has an extensive background in the areas of real estate and finance for the private and public sector, providing project management and implementation services. Assignments included project structuring, market and financial analysis, agreement negotiations, redevelopment plans/amendments, real estate acquisition/disposition, bond issues, project planning/scheduling, ROW, land-use and feasibility analysis. He has expertise with coordination of revenue projections, financial evaluation, and fiscal consultations. John has a long-standing relationship working with both public agencies and private entities; specializing in the preparation and assessment of real estate development proposals, land use planning, development strategies, P3s, project/program management, development agreement negotiations, project conception, real estate market analysis, financial/economic feasibility, public outreach, entitlement approvals, and project close-out. As interim Community Development Director for City of Commerce, Mr. Yonai offered sustainable and innovative solutions while he managed budgets, services, and community development. As Project Manager and Economic Development Advisor to the Northeast Los Angeles Riverfront Collaborative with HUD and City of Los Angeles, implemented an approach linking land-use plans and economic development strategies to further 2007 LA River Master Plan and revitalization. He drafted the RFP for a Vision Plan subcontractor, and oversaw community stakeholder workshops and drafting of Vision Plan, adopted by Los Angeles City Council.

EDUCATION PROFESSIONAL AFFILIATIONS / CERTIFICATIONS
Graduate School of Management Urban Land Institute (ULI) Real Estate Finance Certificate International Council of Shopping Center Owners (ICSC) University of California, Los Angeles CA Association of Realtors (CAR) Bachelor of Science-Business/Finance National Association-Corporate Real Estate Executives Loyola Marymount University CA Licensed Real Estate Broker: License No: 00632122 CA Redevelopment Association (CRA) Past Member

ROSE ACOSTA-YONAI / Principal-Partner
Rose Acosta-Yonai provides a variety of real estate and project/program support services.

Has a comprehensive understanding of real estate transactions and acquisitions, project coordination, and has been involved in the acquisition and disposition of multiple property types within the private and public sector. Project services have involved document review and preparation, project implementation, and negotiations and coordination with legal counsel for the acquisition of real property interest including fee interest, leasehold interests, easement license agreements, and stakeholder coordination of involved parties.

Knowledgeable in the areas of appraisal reviews, market values and preparation of BOVs.

Provided relocation assistance services on behalf of Los Angeles World Airways (LAWA) to households displaced by the City’s acquisition of property through the LAWA Voluntary Residential Acquisition and Relocation Program. Responsible for the quality and responsiveness of staff and assignments; coordinates, oversees and assists with all company projects. Contract Administration: review and implementation of project; inclusive of quality and accuracy of all administrative work products. Provides bilingual services as required for outreach efforts and negotiations.

EDUCATION PROFESSIONAL AFFILIATIONS / CERTIFICATIONS
Bachelor of Science – Sociology CA Association of Realtors (CAR) Loyola University Marymount CA Licensed Real Estate Salesperson License No: 00909698 Regional Hispanic Chamber of Commerce
Los Angeles Area Chamber of Commerce
*Fluent in Spanish

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 18
LAUREN YONAI / Vice President-Director
Lauren Yonai coordinates Real Estate support services and implementation of related activities; planning and scheduling of projects, data assembly, and document preparation for private sector and public agencies. Provides assistance with the preparation, coordination and submittal of proposals, SOQs and other RFP packages and marketing efforts. Efficient research skills; obtains title and lien information, property-profiles, farming, and other related back-up information. Assists with market research and analysis in support of BOV assignments. Maintains Project Progress Reporting inclusive of budgets, schedules and requested tasks. Proficient in Photoshop and PowerPoint. Currently, provides relocation assistance services on behalf of Los Angeles World Airways (LAWA) to households displaced by the City’s acquisition of property through the LAWA Voluntary Residential Acquisition and Relocation Program.

EDUCATION PROFESSIONAL AFFILIATIONS / CERTIFICATIONS
Bachelor of Business Notary Public – California, Commission #2314389 Loyola Marymount University, Los Angeles LMU Entrepreneurship Family Business Center

LOUIS MORALES / Director
Louis Morales has over 20 years of experience in city government with extensive knowledge of city budgeting and public policy. He regularly provides interim staffing support; current and advanced planning assignments, and scheduling project activities for Community and Economic Development projects. Has coordinated property acquisitions for TOD developments and local municipalities, conducted special studies, and negotiated retail, housing and mixed-use projects. Assignments have included feasibility and land-use analysis, revenue projections, data gathering, outreach, and document preparation. Project services include: real estate coordination and support for TOD and ROW Projects; public/stakeholder outreach, good will analysis and value comparison of real property. Proficient in providing interim staffing support; current and advanced planning assignments and project presentation for clients.

EDUCATION
Bachelor of Science in Urban & Regional Planning
California Polytechnic University, Pomona
Public Administration – Industrial Technology
California State University, Long Beach
Associate of Arts / Architecture
East Los Angeles College
*Fluent in Spanish

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 19
ROB HOFFMAN/ Sr. Associate
Rob specializes in financial analyses for Tierra West’s projects. He develops and assists in economic benefit analysis, pro forma analysis, valuation, and comparable transactions analysis. He has provided sales tax projections for public agency clients, and provides keen peer review for our team’s analyses, and . He assists in research as needed. His work experience has been a mix of clientfacing and research-oriented roles which have translated into strong customer service, operational, and time management skills. His experience in operations and client services give him a strong perspective on streamlined processes and capturing project efficiencies. Rob’s research and analytical skills assist in keeping the TWA team abreast of regulatory compliance requirements on both state and federal levels.

EDUCATION PROFESSIONAL AFFILIATIONS / CERTIFICATIONS
BSBA Business Economics Passed CFA Level III Exam
Certificate in Finance CFA Institute
Eller College of Management
University of Arizona

JANE MCFARREN / Associate
Jane McFarren provides project management and advisory support through all aspects of the project; record retention; invoicing; job-cost analysis; and report generation. Assists with the preparation, coordination, and submittals of proposals and RFP packages. Has experience working closely with general contractors and subcontractors to assure contract compliance and clear communication. Jane has vast administrative management experience in the education sector and has been responsible for budget management, data analysis, scheduling, personnel management, and compliance with State and Federal requirements. She has been instrumental in the design and development of matrix-based evaluation criteria, as well as has served on advisory committees charged with selecting viable, compliant applicants for consideration to City Councils.

EDUCATION
Bachelor of Arts, Liberal Arts
Master Degree - Education

CITY & SUCCESSOR AGENCY

ADVISORY SERVICES
CITY OF PARAMOUNT / 20
KRISTIN DIMIREZ / Sr. Analyst
Kristin DiMirez brings a unique bridge between institutional leadership and community-centered economic development. With more than a decade of experience guiding complex initiatives within large, highly regulated systems, she understands how to bring clarity, structure, and forward movement to environments that require both accountability and care. At Tierra West Advisors, she supports economic development strategies, grant and RFP development, compliance reporting, and stakeholder engagement efforts — helping cities translate vision into thoughtful, measurable progress that reflects the communities they serve.

EDUCATION PROFESSIONAL AFFILIATIONS / CERTIFICATIONS
Bachelor of Science, Sociology Cornell University, Diversity & Inclusion Certificate Loyola Marymount University, Los Angeles
Master of Arts, Education
King’s College, London
EXHIBIT “A”

SCOPE OF SERVICES
I. Consultant will perform the following Services:

A. ROPS - Administrative Services.

1. Budget and Cash Flow Model: Consultant shall develop and maintain a budget and cash flow model. Consultant shall also develop, maintain, and adjust, as needed, a working cash flow model for the City's Successor Agency to anticipate any future budget needs.

2. Annual ROPS and Administrative Budget: Consultant shall review and complete annual Recognized Obligation Payment schedule ("ROPS") and Accompanying Administrative Budget for fiscal years 2027-2028. This includes, but is not limited to, the following:
a. The City's Successor Agency is required to submit a ROPS to the Oversight Board and Department of Finance annually. Consultant shall review the preliminary ROPS submitted for fiscal year 2026-2027 on behalf of, and in consultation with, the City's Successor Agency for submittal to the Oversight Board. Consultant shall prepare the ROPS for the following fiscal years, 2027-2028 and 2028-2029, on behalf of, and in consultation with, the City's Successor Agency for submittal to the Oversight Board. Should an issue arise during the Department of Finance review of the ROPS, Consultant shall, assist the City's Successor Agency in drafting a meet and confer request and shall attend any subsequent meeting.
b. The City's Successor Agency is required to prepare and submit an annual administrative budget supporting the use of the annual administrative allowance allowed by law. Consultant shall review and advice on the draft annual administrative budget for fiscal year 2026-2027 on behalf of, and in consultation with, the City's Successor Agency. The City's Successor Agency is allowed to amend its annual ROPS once during the period.

Consultant will assist the City's Successor Agency amend its annual ROPS, if requested by City at no additional cost.

3. City Loan Repayment and Enforceable Debt Obligation: The City's Successor Agency will continue to seek repayment on one housing fund deferral and an enforceable debt obligation. Consultant shall calculate annual payment amounts in accordance with laws governing City loan repayments.

A-2

4. Meetings: Consultants shall be available to the City’s Successor Agency should they need assistance at any Successor Agency or Oversight Board meetings on an as needed basis.

5. Additional Services: Consultant shall assist the City’s Successor Agency with any additional administrative tasks on an as needed basis.

ROPS Deliverables

6. As part of the Services, Consultant will prepare and deliver the following tangible work products to the City:
a. A working cash flow model for the Successor Agency to anticipate any future budget needs;
b. Review the prepared ROPS for fiscal year 2027-2028;
c. Review the annual administrative budget for fiscal year 2027-2028; d. City loan repayment documentation, as necessary; and e. Property disposition documentation, as necessary.

7. In addition to the requirements of Section 6.2, during performance of the Services, Consultant will keep the City appraised of the status of performance by delivering the following status reports:
a. Written updates on new legislation affecting the dissolution process.

Updates shall be provided within sixty (60) days of any legislative actions; and
b. An annual report that summarizes the upcoming fiscal year’s obligation payment schedule prior to the Oversight Boards review and submittal of the fiscal year ROPS to the Department of Finance.

8. All work product is subject to review and acceptance by the City, and must be revised by the Consultant without additional charge to the City until found satisfactory and accepted by City.

A-3
B. Task 1: Implementation Agreements.

9. Development Planning and Analysis: Consultant shall provide development planning and analysis for specific project undertakings. This includes but is not limited to, preparing a Design for Development for adoption by the City that sets the basic parameters for the proposed development. The options available to the City for development of a specific site shall be analyzed to determine the optimal outcome and a recommended project.

10. Development Pro Forma Analysis and Negotiations: Consultant shall provide project financial pro formas for potential projects t:o assist the City in determining the financial viability of a project and determine the degree of participation which may be required by the City. Consultant shall also assist with developer negotiations, as needed.

11. Agreement Preparation: Consultant shall assist City staff and legal counsel in the drafting of agreements, including but not limited to, Disposition and Development Agreements or Owner Participation Agreements. These agreements shall outline the responsibilities of both the proposed owner or developer, and the City.

12. Agreement Processing: Consultant shall prepare back-up materials, agenda staff report, and summary report, as required and in compliance with redevelopment law, and assure that proper noticing and hearings are held in conformance with the law.

C. Task 2: Real Estate Services.

13. Property Management: Consultant shall provide property management services for City-owned properties, as requested by the Contract Officer.

14. Property Acquisition and Negotiations: Consultant shall provide property acquisition and negotiation services often needed in implementation A-4
programs. Consultant shall provide all services in conformance with State guidelines regulating the acquisition of properties by public entities.

15. Relocation: Consultant does not provide relocation services. However, Consultant shall contract with, and oversee the work of other specialty relocation consultants and therefore, can continue to provide this service.

D. City Administration.

16. Agenda Materials: Consultant shall draft resolutions, reports, notices, plans, agenda staff reports, and back-up materials as requested by City staff.

17. Meetings: Consultant shall be available to attend meetings of the City Council, the Successor Agency, Oversight Board, Housing Authority, Planning Commission, project advisory committees, and meetings with property owners and residents, as requested.

18. General Administrative Services: Consultant shall assist the City with all other administrative matters on an as-needed basis. These services include, but are not limited to, assisting with City filing document control systems, providing specialized services related to real estate appraisals, acquisition negotiations, relocation, market analysis, detailed development analysis or goodwill appraisals. Consultant may not directly provide all of these services but shall assist by identifying those consultants who have experience in the necessary areas of expertise and coordinating the provision of their services.

E. Special Project Activities.

19. Economic Development Strategies: Economic Development Strategic Plans are important for addressing public infrastructure deficiencies, land use issues, business retention/attractions programs, streetscape programs and other projects that could be impacting business growth within the City.

Consultant shall prepare Economic Development Strategic Plans, as requested.

20. Cost Benefit Analysis/Economic Impact Analyses: Consultant shall aid the City in analyzing the costs and benefits of specific development proposals targeting specific users, and shall help create an economic development program which is beneficial to the local tax base.

A-5
Implementation of redevelopment plans should be accomplished in such a way as to promote economic stability and future revenue flow to the City and other taxing entities.

21. Specific Project Activities: Consultant shall analyze specific projects, develop schedules and budgets, and prepare necessary documentation. 1 Page
1 AGREEMENT FOR CONTRACT SERVICES

BETWEEN THE CITY OF PARAMOUNT
AND TIERRA WEST ADVISORS, INC.

THIS AGREEMENT FOR CONTRACT SERVICES (herein “Agreement”) is made and entered into this day of______________, 2026 by and between the City of Paramount, a California charter city (“City”) and Tierra West Advisors, Inc., a California corporation (“Consultant”). City and Consultant may be referred to, individually or collectively, as “Party” or “Parties.”

RECITALS
A. City requires professional redevelopment dissolution and successor agency advisory services.

B. Consultant has demonstrated expertise in redevelopment dissolution and successor agency advisory services and is qualified to provide the professional services required by the City.

C. Redevelopment dissolution and successor agency advisory services are professional services due to the high degree of skill required to perform, therefore, the City is not required to satisfy the sealed bid procedures contained in section 3.12.060 of the City’s Municipal Code .

D. Consultant, following submission of a fair and reasonable priced proposal of the services and described particularly in Article 1 of this Agreement, was selected by the City to perform those services.

E. Pursuant to the City of Parmount Municipal Code, City has authority to enter into and execute this Agreement.

D. The Parties desire to formalize the selection of Consultant for performance of those services defined and described particularly in Article 1 of this Agreement and desire that the terms of that performance be as particularly defined and described herein.

OPERATIVE PROVISIONS
NOW, THEREFORE, in consideration of the mutual promises and covenants made by the Parties and contained herein and other consideration, the value and adequacy of which are hereby acknowledged, the parties agree as follows:

Page
2 ARTICLE 1. SERVICES OF CONSULTANT

1.1 Scope of Services.

In compliance with all terms and conditions of this Agreement, the Consultant shall provide those services specified in the “Scope of Services” attached hereto as Exhibit “A” and incorporated herein by this reference, which may be referred to herein as the “services” or “work” hereunder.

As a material inducement to the City entering into this Agreement, Consultant represents and warrants that it has the qualifications, experience, and facilities necessary to properly perform the services required under this Agreement in a thorough, competent, and professional manner, and is experienced in performing the work and services contemplated herein. Consultant shall at all times faithfully, competently and to the best of its ability, experience and talent, perform all services described herein. Consultant covenants that it shall follow the highest professional standards in performing the work and services required hereunder and that all materials will be both of good quality as well as fit for the purpose intended. For purposes of this Agreement, the phrase “highest professional standards” shall mean those standards of practice recognized by one or more firstclass firms performing similar work under similar circumstances.

1.2 Consultant’s Proposal.

The Scope of Services shall include the Consultant’s scope of work or bid which shall be incorporated herein by this reference as though fully set forth herein. In the event of any inconsistency between the terms of such proposal and this Agreement, the terms of this Agreement shall govern.

1.3 Compliance with Law.

Consultant shall keep itself informed concerning, and shall render all services hereunder in accordance with, all ordinances, resolutions, statutes, rules, and regulations of the City and any Federal, State or local governmental entity having jurisdiction in effect at the time service is rendered.

1.4 California Labor Law.

If the Scope of Services includes any “public work” or “maintenance work,” as those terms are defined in California Labor Code section 1720 et seq. and California Code of Regulations, Title 8, Section 16000 et seq., and if the total compensation is $1,000 or more, Consultant shall pay prevailing wages for such work and comply with the requirements in California Labor Code section 1770 et seq. and 1810 et seq., and all other applicable laws, including the following requirements:
(a) Public Work. The Parties acknowledge that some or all of the work to be performed under this Agreement is a “public work” as defined in Labor Code Section 1720 and that this Agreement is therefore subject to the requirements of Division 2, Part 7, Chapter 1 (commencing with Section 1720) of the California Labor Code relating to public works contracts and the rules and regulations established by the Department of Industrial Relations (“DIR”) Page
3 implementing such statutes. The work performed under this Agreement is subject to compliance monitoring and enforcement by the DIR. Consultant shall post job site notices, as prescribed by regulation.
(b) Prevailing Wages. Consultant shall pay prevailing wages to the extent required by Labor Code Section 1771. Pursuant to Labor Code Section 1773.2, copies of the prevailing rate of per diem wages are on file at City Hall and will be made available to any interested party on request. By initiating any work under this Agreement, Consultant acknowledges receipt of a copy of the Department of Industrial Relations (DIR) determination of the prevailing rate of per diem wages, and Consultant shall post a copy of the same at each job site where work is performed under this Agreement.
(c) Penalty for Failure to Pay Prevailing Wages. Consultant shall comply with and be bound by the provisions of Labor Code Sections 1774 and 1775 concerning the payment of prevailing rates of wages to workers and the penalties for failure to pay prevailing wages. The Consultant shall, as a penalty to the City, forfeit two hundred dollars ($200) for each calendar day, or portion thereof, for each worker paid less than the prevailing rates as determined by the DIR for the work or craft in which the worker is employed for any public work done pursuant to this Agreement by Consultant or by any subcontractor.
(d) Payroll Records. Consultant shall comply with and be bound by the provisions of Labor Code Section 1776, which requires Consultant and each subconsultant to: keep accurate payroll records and verify such records in writing under penalty of perjury, as specified in Section 1776; certify and make such payroll records available for inspection as provided by Section 1776; and inform the City of the location of the records. (e) Apprentices. Consultant shall comply with and be bound by the provisions of Labor Code Sections 1777.5, 1777.6, and 1777.7 and California Code of Regulations Title 8, Section 200 et seq. concerning the employment of apprentices on public works projects. Consultant shall be responsible for compliance with these aforementioned Sections for all apprenticeable occupations. Prior to commencing work under this Agreement, Consultant shall provide City with a copy of the information submitted to any applicable apprenticeship program. Within sixty (60) days after concluding work pursuant to this Agreement, Consultant and each of its subconsultants shall submit to the City a verified statement of the journeyman and apprentice hours performed under this Agreement.
(f) Eight-Hour Work Day. Consultant acknowledges that eight (8) hours labor constitutes a legal day’s work. Consultant shall comply with and be bound by Labor Code Section 1810.
(g) Penalties for Excess Hours. Consultant shall comply with and be bound by the provisions of Labor Code Section 1813 concerning penalties for workers who work excess hours. The Consultant shall, as a penalty to the City, forfeit twenty-five dollars ($25) for each worker employed in the performance of this Agreement by the Consultant or by any subcontractor for each calendar day during which such worker is required or permitted to work more than eight (8) hours in any one calendar day and forty (40) hours in any one calendar week in violation of the provisions of Division 2, Part 7, Chapter 1, Article 3 of the Labor Code.

Page
4 Pursuant to Labor Code section 1815, work performed by employees of Consultant in excess of eight (8) hours per day, and forty (40) hours during any one week shall be permitted upon public work upon compensation for all hours worked in excess of 8 hours per day at not less than one and one-half (1½) times the basic rate of pay.
(h) Workers’ Compensation. California Labor Code Sections 1860 and 3700 provide that every employer will be required to secure the payment of compensation to its employees if it has employees. In accordance with the provisions of California Labor Code Section 1861, Consultant certifies as follows:
“I am aware of the provisions of Section 3700 of the Labor Code which require every employer to be insured against liability for workers’ compensation or to undertake self-insurance in accordance with the provisions of that code, and I will comply with such provisions before commencing the performance of the work of this contract.”
Consultant’s Authorized Initials
(i) Consultant’s Responsibility for Subcontractors. For every subcontractor who will perform work under this Agreement, Consultant shall be responsible for such subcontractor’s compliance with Division 2, Part 7, Chapter 1 (commencing with Section 1720) of the California Labor Code, and shall make such compliance a requirement in any contract with any subcontractor for work under this Agreement. Consultant shall be required to take all actions necessary to enforce such contractual provisions and ensure subcontractor’s compliance, including without limitation, conducting a review of the certified payroll records of the subcontractor on a periodic basis or upon becoming aware of the failure of the subcontractor to pay his or her workers the specified prevailing rate of wages. Consultant shall diligently take corrective action to halt or rectify any such failure by any subcontractor.

1.5 Licenses, Permits, Fees and Assessments.

Consultant shall obtain at its sole cost and expense such licenses, permits and approvals as may be required by law for the performance of the services required by this Agreement. Consultant shall have the sole obligation to pay for any fees, assessments and taxes, plus applicable penalties and interest, which may be imposed by law and arise from or are necessary for the Consultant’s performance of the services required by this Agreement, and shall indemnify, defend and hold harmless City, its officers, employees or agents of City, against any such fees, assessments, taxes, penalties or interest levied, assessed or imposed against City hereunder.

1.6 Familiarity with Work.

By executing this Agreement, Consultant warrants that Consultant (i) has thoroughly investigated and considered the scope of services to be performed, (ii) has carefully considered how the services should be performed, and (iii) fully understands the facilities, difficulties and restrictions attending performance of the services under this Agreement. If the services involve work upon any site, Consultant warrants that Consultant has or will investigate the site and is or Page
5 will be fully acquainted with the conditions there existing, prior to commencement of services hereunder. Should the Consultant discover any latent or unknown conditions, which will materially affect the performance of the services hereunder, Consultant shall immediately inform the City of such fact and shall not proceed except at Consultant’s risk until written instructions are received from the Contract Officer.

1.7 Care of Work.

The Consultant shall adopt reasonable methods during the life of the Agreement to furnish continuous protection to the work, and the equipment, materials, papers, documents, plans, studies and/or other components thereof to prevent losses or damages, and shall be responsible for all such damages, to persons or property, until acceptance of the work by City, except such losses or damages as may be caused by City’s own negligence.

1.8 Further Responsibilities of Parties.

Both parties agree to use reasonable care and diligence to perform their respective obligations under this Agreement. Both parties agree to act in good faith to execute all instruments, prepare all documents and take all actions as may be reasonably necessary to carry out the purposes of this Agreement. Unless hereafter specified, neither party shall be responsible for the service of the other.

1.9 Additional Services.

City shall have the right at any time during the performance of the services, without invalidating this Agreement, to order extra work beyond that specified in the Scope of Services or make changes by altering, adding to or deducting from said work. No such extra work may be undertaken unless a written order is first given by the Contract Officer to the Consultant, incorporating therein any adjustment in (i) the Contract Sum for the actual costs of the extra work, and/or (ii) the time to perform this Agreement, which said adjustments are subject to the written approval of the Consultant. Any increase in compensation of up to ten percent (10%) of the Contract Sum or $25,000, whichever is less; or, in the time to perform of up to one hundred eighty (180) days, may be approved by the Contract Officer. Any greater increases, taken either separately or cumulatively, must be approved by the City Council. It is expressly understood by Consultant that the provisions of this Section shall not apply to services specifically set forth in the Scope of Services. Consultant hereby acknowledges that it accepts the risk that the services to be provided pursuant to the Scope of Services may be more costly or time consuming than Consultant anticipates and that Consultant shall not be entitled to additional compensation therefor. City may in its sole and absolute discretion have similar work done by other Consultants. No claims for an increase in the Contract Sum or time for performance shall be valid unless the procedures established in this Section are followed.

1.10 Special Requirements.

Additional terms and conditions of this Agreement, if any, which are made a part hereof are set forth in the “Special Requirements” attached hereto as Exhibit “B” and incorporated Page
6 herein by this reference. In the event of a conflict between the provisions of Exhibit “B” and any other provisions of this Agreement, the provisions of Exhibit “B” shall govern.

ARTICLE 2. COMPENSATION AND METHOD OF PAYMENT.

2.1 Contract Sum.

Subject to any limitations set forth in this Agreement, City agrees to pay Consultant the amounts specified in the “Schedule of Compensation” attached hereto as Exhibit “C” and incorporated herein by this reference. The total compensation, including reimbursement for actual expenses, shall not exceed $50,000 (Fifty Thousand Dollars) (the “Contract Sum”), unless additional compensation is approved pursuant to Section 1.9.

2.2 Method of Compensation.

The method of compensation may include: (i) a lump sum payment upon submission of monthly invoices for work performed; (ii) payment in accordance with specified tasks or the percentage of completion of the services, less contract retention; (iii) payment for time and materials based upon the Consultant’s rates as specified in the Schedule of Compensation, provided that (a) time estimates are provided for the performance of sub tasks, (b) contract retention is maintained, and (c) the Contract Sum is not exceeded; or (iv) such other methods as may be specified in the Schedule of Compensation.

2.3 Reimbursable Expenses.

Compensation may include reimbursement for actual and necessary expenditures for reproduction costs, telephone expenses, and travel expenses approved by the Contract Officer in advance, or actual subcontractor expenses of an approved subcontractor pursuant to Section 4.5, and only if specified in the Schedule of Compensation. The Contract Sum shall include the attendance of Consultant at all project meetings reasonably deemed necessary by the City.

Coordination of the performance of the work with City is a critical component of the services. If Consultant is required to attend additional meetings to facilitate such coordination, Consultant shall not be entitled to any additional compensation for attending said meetings.

2.4 Invoices.

Each month Consultant shall furnish to City an original invoice for all work performed and expenses incurred during the preceding month in a form approved by City’s Director of Finance.

By submitting an invoice for payment under this Agreement, Consultant is certifying compliance with all provisions of the Agreement. The invoice shall contain all information specified in Exhibit “C”, and shall detail charges for all necessary and actual expenses by the following categories:
labor (by sub-category), travel, materials, equipment, supplies, and sub-contractor contracts. Subcontractor charges shall also be detailed by such categories. Consultant shall not invoice City for any duplicate services performed by more than one person.

City shall independently review each invoice submitted by the Consultant to determine whether the work performed and expenses incurred are in compliance with the provisions of this Agreement. Except as to any charges for work performed or expenses incurred by Consultant Page
7 which are disputed by City, or as provided in Section 7.3, City will use its best efforts to cause Consultant to be paid within forty-five (45) days of receipt of Consultant’s correct and undisputed invoice; however, Consultant acknowledges and agrees that due to City warrant run procedures, the City cannot guarantee that payment will occur within this time period. In the event any charges or expenses are disputed by City, the original invoice shall be returned by City to Consultant for correction and resubmission. Review and payment by City for any invoice provided by the Consultant shall not constitute a waiver of any rights or remedies provided herein or any applicable law.

2.5 Waiver.

Payment to Consultant for work performed pursuant to this Agreement shall not be deemed to waive any defects in work performed by Consultant.

ARTICLE 3. PERFORMANCE SCHEDULE

3.1 Time of Essence.

Time is of the essence in the performance of this Agreement.

3.2 Schedule of Performance.

Consultant shall commence the services pursuant to this Agreement upon receipt of a written notice to proceed and shall perform all services within the time period(s) established in the “Schedule of Performance” attached hereto as Exhibit “D” and incorporated herein by this reference. When requested by the Consultant, extensions to the time period(s) specified in the Schedule of Performance may be approved in writing by the Contract Officer but not exceeding one hundred eighty (180) days cumulatively.

3.3 Force Majeure.

The time period(s) specified in the Schedule of Performance for performance of the services rendered pursuant to this Agreement shall be extended because of any delays due to unforeseeable causes beyond the control and without the fault or negligence of the Consultant, including, but not restricted to, acts of God or of the public enemy, unusually severe weather, fires, earthquakes, floods, epidemics, quarantine restrictions, riots, strikes, freight embargoes, wars, litigation, and/or acts of any governmental agency, including the City, if the Consultant shall within ten (10) days of the commencement of such delay notify the Contract Officer in writing of the causes of the delay. The Contract Officer shall ascertain the facts and the extent of delay, and extend the time for performing the services for the period of the enforced delay when and if in the judgment of the Contract Officer such delay is justified. The Contract Officer’s determination shall be final and conclusive upon the parties to this Agreement. In no event shall Consultant be entitled to recover damages against the City for any delay in the performance of this Agreement, however caused, Consultant’s sole remedy being extension of the Agreement pursuant to this Section.

Page
8 3.4 Term.

Unless earlier terminated in accordance with Article 7 of this Agreement, this Agreement shall continue in full force and effect until completion of the services but not exceeding three (3) years from the date hereof, except as otherwise provided in the Schedule of Performance (Exhibit “D”). The City may, in its sole discretion, extend the Term for two (2) additional one-year terms.

ARTICLE 4. COORDINATION OF WORK

4.1 Representatives and Personnel of Consultant.

The following principals of Consultant (“Principals”) are hereby designated as being the principals and representatives of Consultant authorized to act in its behalf with respect to the work specified herein and make all decisions in connection therewith:

John Yonai Principal/Partner
(Name) (Title)
Rose Acosta Yonai Principal/Partner
(Name) (Title)
It is expressly understood that the experience, knowledge, capability and reputation of the foregoing principals were a substantial inducement for City to enter into this Agreement.

Therefore, the foregoing principals shall be responsible during the term of this Agreement for directing all activities of Consultant and devoting sufficient time to personally supervise the services hereunder. All personnel of Consultant, and any authorized agents, shall at all times be under the exclusive direction and control of the Principals. For purposes of this Agreement, the foregoing Principals may not be replaced nor may their responsibilities be substantially reduced by Consultant without the express written approval of City. Additionally, Consultant shall utilize only competent personnel to perform services pursuant to this Agreement. Consultant shall make every reasonable effort to maintain the stability and continuity of Consultant’s staff and subcontractors, if any, assigned to perform the services required under this Agreement. Consultant shall notify City of any changes in Consultant’s staff and subcontractors, if any, assigned to perform the services required under this Agreement, prior to and during any such performance.

4.2 Status of Consultant.

Consultant shall have no authority to bind City in any manner, or to incur any obligation, debt or liability of any kind on behalf of or against City, whether by contract or otherwise, unless such authority is expressly conferred under this Agreement or is otherwise expressly conferred in writing by City. Consultant shall not at any time or in any manner represent that Consultant or any of Consultant’s officers, employees, or agents are in any manner officials, officers, employees or agents of City. Neither Consultant, nor any of Consultant’s officers, employees or agents, shall obtain any rights to retirement, health care or any other benefits which may Page
9 otherwise accrue to City’s employees. Consultant expressly waives any claim Consultant may have to any such rights.

4.3 Contract Officer.

The Contract Officer shall be Community Development Director Gustavo Romo, Finance Director Tineke Norrdin, or such person as may be designated by the City Manager. It shall be the Consultant’s responsibility to assure that the Contract Officer is kept informed of the progress of the performance of the services and the Consultant shall refer any decisions which must be made by City to the Contract Officer. Unless otherwise specified herein, any approval of City required hereunder shall mean the approval of the Contract Officer. The Contract Officer shall have authority, if specified in writing by the City Manager, to sign all documents on behalf of the City required hereunder to carry out the terms of this Agreement.

4.4 Independent Consultant.

Neither the City nor any of its employees shall have any control over the manner, mode or means by which Consultant, its agents or employees, perform the services required herein, except as otherwise set forth herein. City shall have no voice in the selection, discharge, supervision or control of Consultant’s employees, servants, representatives or agents, or in fixing their number, compensation or hours of service. Consultant shall perform all services required herein as an independent contractor of City and shall remain at all times as to City a wholly independent contractor with only such obligations as are consistent with that role. Consultant shall not at any time or in any manner represent that it or any of its agents or employees are agents or employees of City. City shall not in any way or for any purpose become or be deemed to be a partner of Consultant in its business or otherwise or a joint venturer or a member of any joint enterprise with Consultant.

4.5 Prohibition Against Subcontracting or Assignment.

The experience, knowledge, capability and reputation of Consultant, its principals and employees were a substantial inducement for the City to enter into this Agreement. Therefore, Consultant shall not contract with any other entity to perform in whole or in part the services required hereunder without the express written approval of the City. In addition, neither this Agreement nor any interest herein may be transferred, assigned, conveyed, hypothecated or encumbered voluntarily or by operation of law, whether for the benefit of creditors or otherwise, without the prior written approval of City. Transfers restricted hereunder shall include the transfer to any person or group of persons acting in concert of more than twenty five percent (25%) of the present ownership and/or control of Consultant, taking all transfers into account on a cumulative basis. In the event of any such unapproved transfer, including any bankruptcy proceeding, this Agreement shall be void. No approved transfer shall release the Consultant or any surety of Consultant of any liability hereunder without the express consent of City.

Page10
ARTICLE 5. INSURANCE AND INDEMNIFICATION

5.1 Insurance Coverages.

Without limiting Consultant’s indemnification of City, and prior to commencement of any services under this Agreement, Consultant shall obtain, provide and maintain at its own expense during the term of this Agreement, policies of insurance of the type and amounts described below and in a form satisfactory to City.
(a) General liability insurance. Consultant shall maintain commercial general liability insurance with coverage at least as broad as Insurance Services Office form CG 00 01, in an amount not less than $1,000,000 per occurrence, $2,000,000 general aggregate, for bodily injury, personal injury, and property damage. The policy must include contractual liability that has not been amended. Any endorsement restricting standard ISO “insured contract” language will not be accepted.
(b) Automobile liability insurance. Consultant shall maintain automobile insurance at least as broad as Insurance Services Office form CA 00 01 covering bodily injury and property damage for all activities of the Consultant arising out of or in connection with Services to be performed under this Agreement, including coverage for any owned, hired, non-owned or rented vehicles, in an amount not less than $1,000,000 combined single limit for each accident. (c) Professional liability (errors & omissions) insurance. Consultant shall maintain professional liability insurance that covers the Services to be performed in connection with this Agreement, in the minimum amount of $1,000,000 per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this Agreement and Consultant agrees to maintain continuous coverage through a period no less than three (3) years after completion of the services required by this Agreement. (d) Workers’ compensation insurance. Consultant shall maintain Workers’ Compensation Insurance (Statutory Limits) and Employer’s Liability Insurance (with limits of at least $1,000,000).
(e) Subcontractors. Consultant shall include all subcontractors as insureds under its policies or shall furnish separate certificates and certified endorsements for each subcontractor. All coverages for subcontractors shall include all of the requirements stated herein. (f) Additional Insurance. Policies of such other insurance, as may be required in the Special Requirements in Exhibit “B”.

5.2 General Insurance Requirements.
(a) Proof of insurance. Consultant shall provide certificates of insurance to City as evidence of the insurance coverage required herein, along with a waiver of subrogation endorsement for workers’ compensation. Insurance certificates and endorsements must be Page11
approved by City’s Risk Manager prior to commencement of performance. Current certification of insurance shall be kept on file with City at all times during the term of this Agreement. City reserves the right to require complete, certified copies of all required insurance policies, at any time.
(b) Duration of coverage. Consultant shall procure and maintain for the duration of this Agreement insurance against claims for injuries to persons or damages to property, which may arise from or in connection with the performance of the Services hereunder by Consultant, its agents, representatives, employees or subconsultants. (c) Primary/noncontributing. Coverage provided by Consultant shall be primary and any insurance or self-insurance procured or maintained by City shall not be required to contribute with it. The limits of insurance required herein may be satisfied by a combination of primary and umbrella or excess insurance. Any umbrella or excess insurance shall contain or be endorsed to contain a provision that such coverage shall also apply on a primary and noncontributory basis for the benefit of City before the City’s own insurance or self-insurance shall be called upon to protect it as a named insured.
(d) City’s rights of enforcement. In the event any policy of insurance required under this Agreement does not comply with these specifications or is canceled and not replaced, City has the right but not the duty to obtain the insurance it deems necessary and any premium paid by City will be promptly reimbursed by Consultant or City will withhold amounts sufficient to pay premium from Consultant payments. In the alternative, City may cancel this Agreement. (e) Acceptable insurers. All insurance policies shall be issued by an insurance company currently authorized by the Insurance Commissioner to transact business of insurance or that is on the List of Approved Surplus Line Insurers in the State of California, with an assigned policyholders’ Rating of A- (or higher) and Financial Size Category Class VI (or larger) in accordance with the latest edition of Best’s Key Rating Guide, unless otherwise approved by the City’s Risk Manager.
(f) Waiver of subrogation. All insurance coverage maintained or procured pursuant to this agreement shall be endorsed to waive subrogation against City, its elected or appointed officers, agents, officials, employees and volunteers or shall specifically allow Consultant or others providing insurance evidence in compliance with these specifications to waive their right of recovery prior to a loss. Consultant hereby waives its own right of recovery against City, and shall require similar written express waivers and insurance clauses from each of its subconsultants.
(g) Enforcement of contract provisions (non-estoppel). Consultant acknowledges and agrees that any actual or alleged failure on the part of the City to inform Consultant of non-compliance with any requirement imposes no additional obligations on the City nor does it waive any rights hereunder.
(h) Requirements not limiting. Requirements of specific coverage features or limits contained in this section are not intended as a limitation on coverage, limits or other requirements, or a waiver of any coverage normally provided by any insurance. Specific Page12
reference to a given coverage feature is for purposes of clarification only as it pertains to a given issue and is not intended by any party or insured to be all inclusive, or to the exclusion of other coverage, or a waiver of any type. If the Consultant maintains higher limits than the minimums shown above, the City requires and shall be entitled to coverage for the higher limits maintained by the Consultant. Any available insurance proceeds in excess of the specified minimum limits of insurance and coverage shall be available to the City.
(i) Notice of cancellation. Consultant agrees to oblige its insurance agent or broker and insurers to provide to City with a thirty (30) day notice of cancellation (except for nonpayment for which a ten (10) day notice is required) or nonrenewal of coverage for each required coverage.
(j) Additional insured status. General liability policies shall provide or be endorsed to provide that City and its officers, officials, employees, and agents, and volunteers shall be additional insureds under such policies. This provision shall also apply to any excess/umbrella liability policies.
(k) Prohibition of undisclosed coverage limitations. None of the coverages required herein will be in compliance with these requirements if they include any limiting endorsement of any kind that has not been first submitted to City and approved of in writing. (l) Separation of insureds. A severability of interests provision must apply for all additional insureds ensuring that Consultant’s insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the insurer’s limits of liability. The policy(ies) shall not contain any cross-liability exclusions. (m) Pass through clause. Consultant agrees to ensure that its subconsultants, subcontractors, and any other party involved with the project who is brought onto or involved in the project by Consultant, provide the same minimum insurance coverage and endorsements required of Consultant. Consultant agrees to monitor and review all such coverage and assumes all responsibility for ensuring that such coverage is provided in conformity with the requirements of this section. Consultant agrees that upon request, all agreements with consultants, subcontractors, and others engaged in the project will be submitted to City for review. (n) Agency’s right to revise specifications. The City reserves the right at any time during the term of the contract to change the amounts and types of insurance required by giving the Consultant ninety (90) days advance written notice of such change. If such change results in substantial additional cost to the Consultant, the City and Consultant may renegotiate Consultant’s compensation.
(o) Self-insured retentions. Any self-insured retentions must be declared to and approved by City. City reserves the right to require that self-insured retentions be eliminated, lowered, or replaced by a deductible. Self-insurance will not be considered to comply with these specifications unless approved by City.
(p) Timely notice of claims. Consultant shall give City prompt and timely notice of claims made or suits instituted that arise out of or result from Consultant’s performance Page13
under this Agreement, and that involve or may involve coverage under any of the required liability policies.
(q) Additional insurance. Consultant shall also procure and maintain, at its own cost and expense, any additional kinds of insurance, which in its own judgment may be necessary for its proper protection and prosecution of the work.

5.3 Indemnification.

To the full extent permitted by law, Consultant agrees to indemnify, defend and hold harmless the City, its officers, employees and agents (“Indemnified Parties”) against, and will hold and save them and each of them harmless from, any and all actions, either judicial, administrative, arbitration or regulatory claims, damages to persons or property, losses, costs, penalties, obligations, errors, omissions or liabilities whether actual or threatened (herein “claims or liabilities”) that may be asserted or claimed by any person, firm or entity arising out of or in connection with the negligent performance of the work, operations or activities provided herein of Consultant, its officers, employees, agents, subcontractors, or invitees, or any individual or entity for which Consultant is legally liable (“indemnitors”), or arising from Consultant’s or indemnitors’ reckless or willful misconduct, or arising from Consultant’s or indemnitors’ negligent performance of or failure to perform any term, provision, covenant or condition of this Agreement, and in connection therewith:
(a) Consultant will defend any action or actions filed in connection with any of said claims or liabilities and will pay all costs and expenses, including legal costs and attorneys’ fees incurred in connection therewith;
(b) Consultant will promptly pay any judgment rendered against the City, its officers, agents or employees for any such claims or liabilities arising out of or in connection with the negligent performance of or failure to perform such work, operations or activities of Consultant hereunder; and Consultant agrees to save and hold the City, its officers, agents, and employees harmless therefrom;
(c) In the event the City, its officers, agents or employees is made a party to any action or proceeding filed or prosecuted against Consultant for such damages or other claims arising out of or in connection with the negligent performance of or failure to perform the work, operation or activities of Consultant hereunder, Consultant agrees to pay to the City, its officers, agents or employees, any and all costs and expenses incurred by the City, its officers, agents or employees in such action or proceeding, including but not limited to, legal costs and attorneys’ fees.

Consultant shall incorporate similar indemnity agreements with its subcontractors and if it fails to do so Consultant shall be fully responsible to indemnify City hereunder therefore, and failure of City to monitor compliance with these provisions shall not be a waiver hereof. This indemnification includes claims or liabilities arising from any negligent or wrongful act, error or omission, or reckless or willful misconduct of Consultant in the performance of professional services hereunder. The provisions of this Section do not apply to claims or liabilities occurring as a result of City’s sole negligence or willful acts or omissions, but, to the fullest extent permitted by law, shall apply to claims and liabilities resulting in part from City’s negligence, Page14
except that design professionals’ indemnity hereunder shall be limited to claims and liabilities arising out of the negligence, recklessness or willful misconduct of the design professional. The indemnity obligation shall be binding on successors and assigns of Consultant and shall survive termination of this Agreement.

ARTICLE 6. RECORDS, REPORTS, AND RELEASE OF INFORMATION

6.1 Records.

Consultant shall keep, and require subcontractors to keep, such ledgers, books of accounts, invoices, vouchers, canceled checks, reports, studies or other documents relating to the disbursements charged to City and services performed hereunder (the “books and records”), as shall be necessary to perform the services required by this Agreement and enable the Contract Officer to evaluate the performance of such services. Any and all such documents shall be maintained in accordance with generally accepted accounting principles and shall be complete and detailed. The Contract Officer shall have full and free access to such books and records at all times during normal business hours of City, including the right to inspect, copy, audit and make records and transcripts from such records. Such records shall be maintained for a period of three (3) years following completion of the services hereunder, and the City shall have access to such records in the event any audit is required. In the event of dissolution of Consultant’s business, custody of the books and records may be given to City, and access shall be provided by Consultant’s successor in interest. Notwithstanding the above, the Consultant shall fully cooperate with the City in providing access to the books and records if a public records request is made and disclosure is required by law including but not limited to the California Public Records Act.

6.2 Reports.

Consultant shall periodically prepare and submit to the Contract Officer such reports concerning the performance of the services required by this Agreement as the Contract Officer shall require. Consultant hereby acknowledges that the City is greatly concerned about the cost of work and services to be performed pursuant to this Agreement. For this reason, Consultant agrees that if Consultant becomes aware of any facts, circumstances, techniques, or events that may or will materially increase or decrease the cost of the work or services contemplated herein or, if Consultant is providing design services, the cost of the project being designed, Consultant shall promptly notify the Contract Officer of said fact, circumstance, technique or event and the estimated increased or decreased cost related thereto and, if Consultant is providing design services, the estimated increased or decreased cost estimate for the project being designed.

6.3 Ownership of Documents.

All drawings, specifications, maps, designs, photographs, studies, surveys, data, notes, computer files, reports, records, documents and other materials (the “documents and materials”) prepared by Consultant, its employees, subcontractors and agents in the performance of this Agreement shall be the property of City and shall be delivered to City upon request of the Contract Officer or upon the termination of this Agreement, and Consultant shall have no claim for further employment or additional compensation as a result of the exercise by City of its full Page15
rights of ownership use, reuse, or assignment of the documents and materials hereunder. Any use, reuse or assignment of such completed documents for other projects and/or use of uncompleted documents without specific written authorization by the Consultant will be at the City’s sole risk and without liability to Consultant, and Consultant’s guarantee and warranties shall not extend to such use, reuse or assignment. Consultant may retain copies of such documents for its own use.

Consultant shall have the right to use the concepts embodied therein. All subcontractors shall provide for assignment to City of any documents or materials prepared by them, and in the event Consultant fails to secure such assignment, Consultant shall indemnify City for all damages resulting therefrom. Moreover, Consultant with respect to any documents and materials that may qualify as “works made for hire” as defined in 17 U.S.C. § 101, such documents and materials are hereby deemed “works made for hire” for the City.

6.4 Confidentiality and Release of Information.
(a) All information gained or work product produced by Consultant in performance of this Agreement shall be considered confidential, unless such information is in the public domain or already known to Consultant. Consultant shall not release or disclose any such information or work product to persons or entities other than City without prior written authorization from the Contract Officer.
(b) Consultant, its officers, employees, agents or subcontractors, shall not, without prior written authorization from the Contract Officer or unless requested by the City Attorney, voluntarily provide documents, declarations, letters of support, testimony at depositions, response to interrogatories or other information concerning the work performed under this Agreement. Response to a subpoena or court order shall not be considered “voluntary” provided Consultant gives City notice of such court order or subpoena. (c) If Consultant, or any officer, employee, agent or subcontractor of Consultant, provides any information or work product in violation of this Agreement, then City shall have the right to reimbursement and indemnity from Consultant for any damages, costs and fees, including attorney’s fees, caused by or incurred as a result of Consultant’s conduct. (d) Consultant shall promptly notify City should Consultant, its officers, employees, agents or subcontractors be served with any summons, complaint, subpoena, notice of deposition, request for documents, interrogatories, request for admissions or other discovery request, court order or subpoena from any party regarding this Agreement and the work performed there under. City retains the right, but has no obligation, to represent Consultant or be present at any deposition, hearing or similar proceeding. Consultant agrees to cooperate fully with City and to provide City with the opportunity to review any response to discovery requests provided by Consultant. However, this right to review any such response does not imply or mean the right by City to control, direct, or rewrite said response.

Page16
ARTICLE 7. ENFORCEMENT OF AGREEMENT AND TERMINATION

7.1 California Law.

This Agreement shall be interpreted, construed and governed both as to validity and to performance of the parties in accordance with the laws of the State of California. Legal actions concerning any dispute, claim or matter arising out of or in relation to this Agreement shall be instituted in the Superior Court of the County of Los Angeles, State of California, or any other appropriate court in such county, and Consultant covenants and agrees to submit to the personal jurisdiction of such court in the event of such action. In the event of litigation in a U.S. District Court, venue shall lie exclusively in the Central District of California, in the County of Los Angeles, State of California.

7.2 Disputes; Default.

In the event that Consultant is in default under the terms of this Agreement, the City shall not have any obligation or duty to continue compensating Consultant for any work performed after the date of default. Instead, the City may give notice to Consultant of the default and the reasons for the default. The notice shall include the timeframe in which Consultant may cure the default.

This timeframe is presumptively thirty (30) days, but may be extended, though not reduced, if circumstances warrant. During the period of time that Consultant is in default, the City shall hold all invoices and shall, when the default is cured, proceed with payment on the invoices. In the alternative, the City may, in its sole discretion, elect to pay some or all of the outstanding invoices during the period of default. If Consultant does not cure the default, the City may take necessary steps to terminate this Agreement under this Article. Any failure on the part of the City to give notice of the Consultant’s default shall not be deemed to result in a waiver of the City’s legal rights or any rights arising out of any provision of this Agreement.

7.3 Retention of Funds.

Consultant hereby authorizes City to deduct from any amount payable to Consultant (whether or not arising out of this Agreement) (i) any amounts the payment of which may be in dispute hereunder or which are necessary to compensate City for any losses, costs, liabilities, or damages suffered by City, and (ii) all amounts for which City may be liable to third parties, by reason of Consultant’s acts or omissions in performing or failing to perform Consultant’s obligation under this Agreement. In the event that any claim is made by a third party, the amount or validity of which is disputed by Consultant, or any indebtedness shall exist which shall appear to be the basis for a claim of lien, City may withhold from any payment due, without liability for interest because of such withholding, an amount sufficient to cover such claim. The failure of City to exercise such right to deduct or to withhold shall not, however, affect the obligations of the Consultant to insure, indemnify, and protect City as elsewhere provided herein.

7.4 Waiver.

Waiver by any party to this Agreement of any term, condition, or covenant of this Agreement shall not constitute a waiver of any other term, condition, or covenant. Waiver by any party of any breach of the provisions of this Agreement shall not constitute a waiver of any other Page17
provision or a waiver of any subsequent breach or violation of any provision of this Agreement.

Acceptance by City of any work or services by Consultant shall not constitute a waiver of any of the provisions of this Agreement. No delay or omission in the exercise of any right or remedy by a non-defaulting party on any default shall impair such right or remedy or be construed as a waiver.

Any waiver by either party of any default must be in writing and shall not be a waiver of any other default concerning the same or any other provision of this Agreement.

7.5 Rights and Remedies are Cumulative.

Except with respect to rights and remedies expressly declared to be exclusive in this Agreement, the rights and remedies of the parties are cumulative and the exercise by either party of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the other party.

7.6 Legal Action.

In addition to any other rights or remedies, either party may take legal action, in law or in equity, to cure, correct or remedy any default, to recover damages for any default, to compel specific performance of this Agreement, to obtain declaratory or injunctive relief, or to obtain any other remedy consistent with the purposes of this Agreement. Notwithstanding any contrary provision herein, Consultant shall file a statutory claim pursuant to Government Code Sections 905 et seq. and 910 et seq., in order to pursue a legal action under this Agreement.

7.7 Termination Prior to Expiration of Term.

This Section shall govern any termination of this Contract except as specifically provided in the following Section for termination for cause. The City reserves the right to terminate this Contract at any time, with or without cause, upon thirty (30) days’ written notice to Consultant, except that where termination is due to the fault of the Consultant, the period of notice may be such shorter time as may be determined by the Contract Officer. In addition, the Consultant reserves the right to terminate this Contract at any time, with or without cause, upon sixty (60) days’ written notice to City, except that where termination is due to the fault of the City, the period of notice may be such shorter time as the Consultant may determine. Upon receipt of any notice of termination, Consultant shall immediately cease all services hereunder except such as may be specifically approved by the Contract Officer. Except where the Consultant has initiated termination, the Consultant shall be entitled to compensation for all services rendered prior to the effective date of the notice of termination and for any services authorized by the Contract Officer thereafter in accordance with the Schedule of Compensation or such as may be approved by the Contract Officer, except as provided in Section 7.3. In the event the Consultant has initiated termination, the Consultant shall be entitled to compensation only for the reasonable value of the work product actually produced hereunder. In the event of termination without cause pursuant to this Section, the terminating party need not provide the non-terminating party with the opportunity to cure pursuant to Section 7.2.

Page18

7.8 Termination for Default of Consultant.

If termination is due to the failure of the Consultant to fulfill its obligations under this Agreement, City may, after compliance with the provisions of Section 7.2, take over the work and prosecute the same to completion by contract or otherwise, and the Consultant shall be liable to the extent that the total cost for completion of the services required hereunder exceeds the compensation herein stipulated (provided that the City shall use reasonable efforts to mitigate such damages), and City may withhold any payments to the Consultant for the purpose of set-off or partial payment of the amounts owed the City as previously stated.

7.9 Attorneys’ Fees.

If either party to this Agreement is required to initiate or defend or made a party to any action or proceeding in any way connected with this Agreement, the prevailing party in such action or proceeding, in addition to any other relief which may be granted, whether legal or equitable, shall be entitled to reasonable attorney’s fees. Attorney’s fees shall include attorney’s fees on any appeal, and in addition a party entitled to attorney’s fees shall be entitled to all other reasonable costs for investigating such action, taking depositions and discovery and all other necessary costs the court allows which are incurred in such litigation. All such fees shall be deemed to have accrued on commencement of such action and shall be enforceable whether or not such action is prosecuted to judgment.

ARTICLE 8. CITY OFFICERS AND EMPLOYEES: NON-DISCRIMINATION

8.1 Non-liability of City Officers and Employees.

No officer or employee of the City shall be personally liable to the Consultant, or any successor in interest, in the event of any default or breach by the City or for any amount which may become due to the Consultant or to its successor, or for breach of any obligation of the terms of this Agreement.

8.2 Conflict of Interest.

Consultant covenants that neither it, nor any officer or principal of its firm, has or shall acquire any interest, directly or indirectly, which would conflict in any manner with the interests of City or which would in any way hinder Consultant’s performance of services under this Agreement. Consultant further covenants that in the performance of this Agreement, no person having any such interest shall be employed by it as an officer, employee, agent or subcontractor without the express written consent of the Contract Officer. Consultant agrees to at all times avoid conflicts of interest or the appearance of any conflicts of interest with the interests of City in the performance of this Agreement.

No officer or employee of the City shall have any financial interest, direct or indirect, in this Agreement nor shall any such officer or employee participate in any decision relating to the Agreement which affects her/his financial interest or the financial interest of any corporation, partnership or association in which (s)he is, directly or indirectly, interested, in violation of any Page19
State statute or regulation. The Consultant warrants that it has not paid or given and will not pay or give any third party any money or other consideration for obtaining this Agreement.

8.3 Covenant Against Discrimination.

Consultant covenants that, by and for itself, its heirs, executors, assigns, and all persons claiming under or through them, that there shall be no discrimination against or segregation of, any person or group of persons on account of race, color, creed, religion, sex, gender, sexual orientation, marital status, national origin, ancestry or other protected class in the performance of this Agreement. Consultant shall take affirmative action to insure that applicants are employed and that employees are treated during employment without regard to their race, color, creed, religion, sex, gender, sexual orientation, marital status, national origin, ancestry or other protected class.

8.4 Unauthorized Aliens.

Consultant hereby promises and agrees to comply with all of the provisions of the Federal Immigration and Nationality Act, 8 U.S.C. § 1101 et seq., as amended, and in connection therewith, shall not employ unauthorized aliens as defined therein. Should Consultant so employ such unauthorized aliens for the performance of work and/or services covered by this Agreement, and should any liability or sanctions be imposed against City for such use of unauthorized aliens, Consultant hereby agrees to and shall reimburse City for the cost of all such liabilities or sanctions imposed, together with any and all costs, including attorneys’ fees, incurred by City.

ARTICLE 9. MISCELLANEOUS PROVISIONS

9.1 Notices.

Any notice, demand, request, document, consent, approval, or communication either party desires or is required to give to the other party or any other person shall be in writing and either served personally or sent by prepaid, first-class mail, in the case of the City, to the City Manager and to the attention of the Contract Officer (with her/his name and City title), City of Bell, 6330 Pine Avenue, Bell, California 90201 and in the case of the Consultant, to the person(s) at the address designated on the execution page of this Agreement. Either party may change its address by notifying the other party of the change of address in writing. Notice shall be deemed communicated at the time personally delivered or in seventy-two (72) hours from the time of mailing if mailed as provided in this Section.

9.2 Interpretation.

The terms of this Agreement shall be construed in accordance with the meaning of the language used and shall not be construed for or against either party by reason of the authorship of this Agreement or any other rule of construction which might otherwise apply.

9.3 Counterparts.

This Agreement may be executed in counterparts, each of which shall be deemed to be an original, and such counterparts shall constitute one and the same instrument.

Page20

9.4 Integration; Amendment.

This Agreement including the attachments hereto is the entire, complete and exclusive expression of the understanding of the parties. It is understood that there are no oral agreements between the parties hereto affecting this Agreement and this Agreement supersedes and cancels any and all previous negotiations, arrangements, agreements and understandings, if any, between the parties, and none shall be used to interpret this Agreement. No amendment to or modification of this Agreement shall be valid unless made in writing and approved by the Consultant and by the City Council. The parties agree that this requirement for written modifications cannot be waived and that any attempted waiver shall be void.

9.5 Severability.

In the event that any one or more of the phrases, sentences, clauses, paragraphs, or sections contained in this Agreement shall be declared invalid or unenforceable by a valid judgment or decree of a court of competent jurisdiction, such invalidity or unenforceability shall not affect any of the remaining phrases, sentences, clauses, paragraphs, or sections of this Agreement which are hereby declared as severable and shall be interpreted to carry out the intent of the parties hereunder unless the invalid provision is so material that its invalidity deprives either party of the basic benefit of their bargain or renders this Agreement meaningless.

9.6 Warranty & Representation of Non-Collusion.

No official, officer, or employee of City has any financial interest, direct or indirect, in this Agreement, nor shall any official, officer, or employee of City participate in any decision relating to this Agreement which may affect his/her financial interest or the financial interest of any corporation, partnership, or association in which (s)he is directly or indirectly interested, or in violation of any corporation, partnership, or association in which (s)he is directly or indirectly interested, or in violation of any State or municipal statute or regulation. The determination of “financial interest” shall be consistent with State law and shall not include interests found to be “remote” or “noninterests” pursuant to Government Code Sections 1091 or 1091.5. Consultant warrants and represents that it has not paid or given, and will not pay or give, to any third party including, but not limited to, any City official, officer, or employee, any money, consideration, or other thing of value as a result or consequence of obtaining or being awarded any agreement.

Consultant further warrants and represents that (s)he/it has not engaged in any act(s), omission(s), or other conduct or collusion that would result in the payment of any money, consideration, or other thing of value to any third party including, but not limited to, any City official, officer, or employee, as a result of consequence of obtaining or being awarded any agreement. Consultant is aware of and understands that any such act(s), omission(s) or other conduct resulting in such payment of money, consideration, or other thing of value will render this Agreement void and of no force or effect.

Consultant’s Authorized Initials
Page21

9.7 Corporate Authority.

The persons executing this Agreement on behalf of the parties hereto warrant that (i) such party is duly organized and existing, (ii) they are duly authorized to execute and deliver this Agreement on behalf of said party, (iii) by so executing this Agreement, such party is formally bound to the provisions of this Agreement, and (iv) that entering into this Agreement does not violate any provision of any other Agreement to which said party is bound. This Agreement shall be binding upon the heirs, executors, administrators, successors and assigns of the parties.

SIGNATURES ON FOLLOWING PAGE]
Page22
IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date and year first-above written.

CITY:

CITY OF PARAMOUNT, a charter city
TTEST:

City Clerk
APPROVED AS TO FORM:

CONSULTANT:

TIERRA WEST ADVISORS, INC., a California
corporation
By:

Name: John Yonai
Title: Principal/Partner
By:

Name: Rose Acosta Yonai
Title: Principal/Partner
Address: 2616 East 3rd St.

Los Angeles, CA 90033
Page23
Page24
EXHIBIT “A”

SCOPE OF SERVICES
I. Consultant will perform, as directed by Client, any but not limited to the the following Services:

A. Assist in Developing and Maintaining a Budget and Cash Flow Model. Consultant will develop, maintain, and adjust, as needed, a working cash flow model for the Successor Agency to anticipate any future budget needs in collaboration with City Staff.

B. Review and assist in completing Annual ROPS and Accompanying Administrative Budget for three (3) fiscal years:
(i) Fiscal Year 2026-2027
(ii) Fiscal Year 2027-2028
(iii)Fiscal Year 2028-2029

1. The Successor Agency is required to submit a Recognized Obligation Payment schedule ("ROPS") to the Oversight Board and Department of Finance annually.

Consultant shall review the preliminary ROPS submitted for fiscal year 2026-2027 on behalf of, and in consultation with, the Successor Agency for submittal to the Oversight Board. Consultant shall prepare the ROPS for the following fiscal years on behalf of, and in consultation with, the Successor Agency for submittal to the Oversight Board.

Should an issue arise during the Department of Finance review of the ROPS, Consultant shall, assist the Successor Agency in drafting a Meet and Confer request and shall attend any subsequent meeting.

2. The Successor Agency is required to prepare and submit an annual administrative budget supporting the use of the annual adminis1rative allowance allowed by law.

Consultant review and advice on the draft annual administrative budget for fiscal year 2026-2027 on behalf of, and in consultation with, the Successor Agency. The Successor Agency is allowed to amend its annual ROPS once during the period.

Consultant will assist the Successor Agency if requested by City at no additional cost.

C. City Loan Repayments. The Successor Agency, subject to such loans being confirmed, will continue seek to repayment on housing fund deferrals and any outstanding City loans.

Consultant shall calculate annual payment amounts in accordance with laws governing City loan repayments.

D. Attend Meetings as Necessary. Consultant shall make a staff member available to the Successor Agency should they need assistance at any Successor Agency or Oversight Board meetings on an as needed basis.

E. Additional Administrative Services as Necessary. Consultant shall assist the Successor Agency with any additional administrative tasks on an as needed basis.

F. As part of the Services, Consultant will review and assist in preparing the following tangible work products to the City:
• A working cash flow model for the Successor Agency to anticipate any future budget needs.
• Review the prepared draft ROPS for fiscal year 2026·27 Page25
• A ROPS for fiscal years 2028-29, 2029-2030
• Review the draft annual administrative budget for fiscal year 2026-27 • An annual administrative budget for fiscal years 2026-2027. 2027-2028, 2028-2029 • City loan repayment documentation, as necessary
• Property disposition documentation, as necessary
G. Consultant will keep the City appraised of the status of performance by assisting in delivering the following status reports:

A. Written updates on new legislation affecting the dissolution process. Updated shall be provided within sixty (60) days of any legislative actions.

B. An annual report that summarizes the upcoming fiscal year's obligation payment schedule prior to the Oversight Boards review and submittal of the. Fiscal year ROPS to the State of California Department of Finance.

2. All work product is subject to review and acceptance by the City and will be revised by the Consultant until accepted by City.
• John Yonai, Principal
• Lauren Yonai, Director, Principal
• Rob Hoffman, Senior Associate

3. Administration Services – Schedule of Hourly Rates – 2026-2028 Classification Rate
Principal $245
Director $235
Senior Associate $225
Associate $185
Senior Analyst $150
Analyst $135
Research Assistant/Technician $120
Word Processor $85
Clerical $70
Reimbursables Cost plus 10%

4. ESTIMATED COMPENSATION OF ADMINISTRATION EFFORTS PER FISCAL YEAR i. Consultant shall perform the following tasks at the hourly rates show above; an example of the estimated fiscal budgets per task is as follows:

Task A $7,000
Task B $9,000
Task C $7,000
Task D $6,000
Task E $8,000
Task F $7,000
Task G $6,000
ii. Within the budgeted amounts for each Task, funds may be shifted from one Task to another as the Contract Sum is consistent with the amount proposed, unless Additional Page26
Services are approved.
iii. The City will compensate Consultant for the Services performed upon submission of a valid invoice. Each invoice is to include:

A. Line items for all personnel describing the work performed, the number of hours worked, and the hourly rate.

B. Line items for all other approved reimbursable expenses claimed, with supporting documentation.

C. Line Items for all approved subcontractor labor, supplies, equipment, materials, and travel properly charged to the Services. iv. The annual compensation for the Administration Services described is estimated at Fifty Thousand Dollars ($50,000).

Vll. SCHEDULE OF PERFORMANCE
A. Contractor shall perform all services timely as provided below. Where no time frames are specified, Contractor shall comply with the deadlines established by the Contract Officer. i. The working cash flow model for the Successor Agency to anticipate any future budget needs is due no later than December 15th of each fiscal year, ii. The ROPS no later than December 15th of each fiscal year ii. The ROPS no later than December l5th of each fiscal year iii. An annual administrative budget for fiscal year due no later than December 15th of each fiscal year
iv. An annual administrative budget is due no later than December 15th of each fiscal year
v. City loan repayment documentation, as necessary and as directed by the City. vi. Property disposition documentation, as necessary and as directed by the City.

B. The City may approve extensions for performance of the services C. The term of this Agreement may be extended by the City or Successor Agency upon the 3rd fiscal year completion by Consultant. At the City's sole and absolute discretion, the City may extend the term for three (3) additional fiscal years at the hourly rates adjusted by CPI.

Page27
EXHIBIT “B”

SCHEDULE OF COMPENSATION
I. The annual compensation for the Services shall not exceed $50,000 (Fifty Thousand Dollars).

II. The City will compensate Consultant for the Services performed upon submission of a valid invoice. Each invoice is to include:

A. Line items for all personnel describing the work performed, the number of hours worked, and the hourly rate.

B. Line items for all materials and equipment properly charged to the Services.

C. Line items for all other approved reimbursable expenses claimed, with supporting documentation.

D. Line items for all approved subcontractor labor, supplies, equipment, materials, and travel properly charged to the Services.

III. The total compensation for the Services shall not exceed the Contract Sum as provided in Section 2.1 of this Agreement.

IV. The Consultant’s billing rates for all personnel are attached as Exhibit C-1.

V. If the City extends the term of the Agreement, as provided in Exhibit D, Section III, the hourly rates shall be adjusted by CPI.

Page28
EXHIBIT “C”

HOURLY BILLING RATES
Classification Rate
Principal $245
Director $235
Senior Associate $225
Associate $185
Senior Analyst $150
Analyst $135
Research Assistant/Technician $120
Clerical / Support $70
Page29
EXHIBIT “D”

SCHEDULE
I. Consultant shall perform all services timely as provided below. If no time frame is specified, Consultant shall comply with the deadlines established by the Contract Officer:

A. The working cash flow model for the City’s Successor Agency to anticipate any future budget needs is due no later than December 15th of each fiscal year; B. The ROPS no later than December 15th of each fiscal year; C. An annual administrative budget for fiscal year due no later than December 15th of each fiscal year;
D. An annual administrative budget is due no later than December 15th of each fiscal year;
E. City loan repayment documentation, as necessary and as directed by the Contract Officer; and
F. Property disposition documentation, as necessary and as directed by the Contract Officer.

II. The Contract Officer may approve extensions for performance of the services in accordance with Section 3.2.

III. This Agreement shall continue in full force and effect until the end of the 2028-2029 fiscal year. At the City’s sole and absolute discretion, the City may extend the term for two (2) additional one-year fiscal years.

To: Honorable Successor Agency
From: John Moreno, City Manager
By: Lana Dich, Finance Director
Anthony Martinez, Financial Services
Manager
Date: July 28, 2026
SUBJECT: CONSIDERATION OF A RESOLUTION AUTHORIZING INVESTMENT OF

MONIES IN THE LOCAL AGENCY INVESTMENT FUND

In accordance with Government Code Section 16429.1, for the purpose of investment with LAIF, the Resolution before the Successor Agency designates the Finance Director, Finance Manager, and Accounting Manager as the Paramount officers authorized to order the deposit or withdrawal of City, Housing Authority, and Successor Agency funds in the Local Agency Investment Fund. This resolution does not replace the City’s Investment Policy but satisfy LAIF’s authorization requirements and ensure the City remains eligible to participate in the program.

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

Agenda Report July 28, 2026
RESOLUTION NO. SAPRA 26:002 Page 2

RECOMMENDED ACTION
Adopt Resolution No. SAPRA 26:002 authorizing the investment of Successor Agency monies in the Local Agency Investment Fund.

CITY OF PARAMOUNT

LOS ANGELES COUNTY, CALIFORNIA

SUCCESSOR AGENCY FOR THE PARAMOUNT REDEVELOPMENT AGENCY RESOLUTION NO. SAPRA 26:002

A RESOLUTION OF THE SUCCESSOR AGENCY FOR THE

PARAMOUNT REDEVELOPMENT AGENCY OF THE CITY OF

PARAMOUNT, CALIFORNIA AUTHORIZING INVESTMENT OF MONIES

IN THE LOCAL AGENCY INVESTMENT FUND
WHEREAS, Pursuant to Chapter 730 of the statutes of 1976 Section 16429.1 was added to the California Government Code to create a Local Agency Investment Fund in the State Treasury for the deposit of money of a local agency for purposes of investment by the State Treasurer; and
WHEREAS, the Successor Agency for the Paramount Redevelopment Agency of the City of Paramount does hereby find that the deposit and withdrawal of money in the Local Agency Investment Fund in accordance with the provisions of Section 16429.1 of the Government Code for the purpose of investment as stated therein as in the best interests of the Successor Agency for the Paramount Redevelopment Agency of the City of Paramount.

NOW THEREFORE, BE IT RESOLVED, that the Successor Agency for the Paramount Redevelopment Agency of the City of Paramount does hereby authorize the deposit and withdrawal of Successor Agency for the Paramount Redevelopment Agency of the City of Paramount monies in the Local Agency Investment Fund in the State Treasury in accordance with the provisions of Section 16429.1 of the Government Code for the purpose of investment as stated therein, and verification by the State Treasurer’s Office of all banking information provided in that regard.

BE IT FURTHER RESOLVED, that the following Successor Agency for the Paramount Redevelopment Agency of the City of Paramount officers or their successors in office shall be authorized to order the deposit or withdrawal of monies in the Local Agency Investment Fund:

Lana Dich Anthony Martinez Gustavo Medrano
Name Name Name
Finance Director Finance Manager Accounting Manager
Title Title Title
PASSED, APPROVED, and ADOPTED by the Successor Agency for the Paramount Redevelopment Agency of the City of Paramount this 28th day of July 2026.

Brenda Olmos, Mayor
RESOLUTION NO. SAPRA 26:002

Page 2 ends

Paramount City CouncilJuly 28, 2026

Paramount City Council
July 28, 2026