Agmt, Signature & Insurance - HdL Coren & Cone — Redondo Beach City Council, October 6, 2026

1 AGREEMENT FOR CONSULTING SERVICES

BETWEEN THE CITY OF REDONDO BEACH

AND HDL COREN & CONE
THIS AGREEMENT FOR CONSULTING SERVICES ( this "Agreement") is made between the City of Redondo Beach, a chartered municipal corporation (" City") and HdL Coren & Cone, a California corporation (" Consultant" or “Contractor”).

The parties hereby agree as follows:

1. Description of Project or Scope of Services. The project description or scope of services to be provided by Consultant, and any corresponding responsibilities of City, or services required to be performed by City are set forth in Exhibit " A."

2. Term and Time of Completion. Consultant shall commence and complete the project or services described in Exhibit " A" in accordance with the schedule set forth in Exhibit " B".

3. Compensation. City agrees to pay Consultant for work performed in accordance with Exhibit " C".

4. Insurance. Consultant shall adhere to the insurance requirements outlined in Exhibit “ D”, unless otherwise waived by the City’s Risk Manager.

GENERAL PROVISIONS

1. Independent Contractor. Consultant acknowledges, represents and warrants that Consultant is not a regular or temporary employee, officer, agent, joint venturer or partner of the City, but rather an independent contractor. This Agreement shall not be construed as a contract of employment. Consultant shall have no rights to any benefits which accrue to City employees unless otherwise expressly provided in this Agreement. Due to the independent contractor relationship created by this Agreement, the City shall not withhold state or federal income taxes, the reporting of which shall be Consultant' s sole responsibility.

2. Brokers. Consultant acknowledges, represents and warrants that Consultant has not hired, retained or agreed to pay any entity or person any fee, commission, percentage, gift, or any other consideration, contingent upon or resulting from the award or making of this Agreement.

3. City Property. All plans, drawings, reports, calculations, data, specifications, videos, graphics or other materials prepared for or obtained pursuant to this Agreement shall upon request be delivered to the City within a reasonable time, and the rights thereto shall be deemed assigned to the City. If applicable, 2 Consultant shall prepare check prints upon request. Said plans, drawings, reports, calculations, data, specifications, videos, graphics or other materials, shall be specific for the project herein and shall not be used by the City for any other project without Consultant' s consent. Notwithstanding the foregoing, Consultant shall not be obligated to assign any proprietary software or data developed by or at the direction of Consultant for Consultant' s own use; provided, however, that Consultant shall, pursuant to Paragraph 14 below, indemnify, defend and hold the City harmless from and against any discovery or Public Records Act request seeking the disclosure of any such proprietary software or data.

4. Inspection. If the services set forth in Exhibit " A" shall be performed on City or other public property, the City shall have the right to inspect such work without notice. If such services shall not be performed on City or other public property, the City shall have the right to inspect such work upon reasonable notice.

Inspections by the City shall not relieve or minimize the responsibility of Consultant to conduct any inspections Consultant has agreed to perform pursuant to the terms of this Agreement. Consultant shall be solely liable for said inspections performed by Consultant. Consultant shall certify in writing to the City as to the completeness and accuracy of each inspection required to be conducted by Consultant hereunder.

5. Services. The project or services set forth in Exhibit " A" shall be performed to the full satisfaction and approval of the City. In the event that the project or services set forth in Exhibit " A" are itemized by price in Exhibit " C", the City in its sole discretion may, upon notice to Consultant, delete certain items or services set forth in Exhibit " A", in which case there shall be a corresponding reduction in the amount of compensation paid to Consultant. City shall furnish Consultant to the extent available, with any City standards, details, specifications and regulations applicable to the Project and necessary for the performance of Consultant' s services hereunder. Notwithstanding the foregoing, any and all additional data necessary for design shall be the responsibility of Consultant.

6. Records. Consultant, including any of its subcontractors shall maintain full and complete documents and records, including accounting records, employee time sheets, work papers, and correspondence pertaining to the project or services set forth in Exhibit " A". Consultant, including any of its subcontractors shall make such documents and records available for City review or audit upon request and reasonable notice, and shall keep such documents and records, for at least five 5) years after Consultant' s completion of performance of this Agreement.

Copies of all pertinent reports and correspondence shall be furnished to the City for its files.

7. Changes and Extra Work. Unless otherwise provided herein, all changes and/or extra work under this Agreement shall be provided for by a subsequent written amendment executed by City and Consultant.
3 8. Additional Assistance. If this Agreement requires Consultant to prepare plans and specifications, Consultant shall provide assistance as necessary to resolve any questions regarding such plans and specifications that may arise during the period of advertising for bids, and Consultant shall issue any necessary addenda to the plans and specifications as requested. In the event Consultant is of the opinion that City's requests for addenda and assistance is outside the scope of normal services, the parties shall proceed in accordance with the changes and extra work provisions of this Agreement.

9. Professional Ability. Consultant acknowledges, represents and warrants that Consultant is skilled and able to competently provide the services hereunder, and possesses all professional licenses, certifications, and approvals necessary to engage in its occupation. City has relied upon the professional ability and training of Consultant as a material inducement to enter into this Agreement.

Consultant shall perform in accordance with generally accepted professional practices and standards of Consultant' s profession.

10. Business License. Consultant shall obtain a Redondo Beach Business License before performing any services required under this Agreement. The failure to so obtain such license shall be a material breach of this Agreement and grounds for immediate termination by City; provided, however, that City may waive the business license requirement in writing under unusual circumstances without necessitating any modification of this Agreement to reflect such waiver.

11. Termination Without Default. Notwithstanding any provision herein to the contrary, the City may, in its sole and absolute discretion and without cause, terminate this Agreement at any time prior to completion by Consultant of the project or services hereunder, immediately upon written notice to Consultant. In the event of any such termination, Consultant shall be compensated for: (1) all authorized work satisfactorily performed prior to the effective date of termination; and (2) necessary materials or services of others ordered by Consultant for this Agreement, prior to Consultant’ s receipt of notice of termination, irrespective of whether such materials or services of others have actually been delivered, and further provided that Consultant is not able to cancel such orders. Compensation for Consultant in such event shall be determined by the City in accordance with the percentage of the project or services completed by Consultant; and all of Consultant' s finished or unfinished work product through the time of the City's last payment shall be transferred and assigned to the City. In conjunction with any termination of this Agreement, the City may, at its own expense, make copies or extract information from any notes, sketches, computations, drawings, and specifications or other data, whether complete or not.

12. Termination in the Event of Default. Should Consultant fail to perform any of its obligations hereunder, within the time and in the manner provided or otherwise violate any of the terms of this Agreement, the City may immediately terminate this Agreement by giving written notice of such termination, stating the reasons 4 for such termination. Consultant shall be compensated as provided immediately above, provided, however, there shall be deducted from such amount the amount of damages if any, sustained by the City by virtue of Consultant' s breach of this Agreement.

13. Conflict of Interest. Consultant acknowledges, represents and warrants that Consultant shall avoid all conflicts of interest ( as defined under any federal, state or local statute, rule or regulation, or at common law) with respect to this Agreement. Consultant further acknowledges, represents and warrants that Consultant has no business relationship or arrangement of any kind with any City official or employee with respect to this Agreement. Consultant acknowledges that in the event that Consultant shall be found by any judicial or administrative body to have any conflict of interest ( as defined above) with respect to this Agreement, all consideration received under this Agreement shall be forfeited and returned to City forthwith. This provision shall survive the termination of this Agreement for one (1) year.

14. Indemnity. To the maximum extent permitted by law, Consultant hereby agrees, at its sole cost and expense, to defend, protect, indemnify, and hold harmless the City, its elected and appointed officials, officers, employees, volunteers, attorneys, and agents ( collectively “ Indemnitees”) from and against any and all claims, including, without limitation, claims for bodily injury, death or damage to property, demands, charges, obligations, damages, causes of action, proceedings, suits, losses, stop payment notices, judgments, fines, liens, penalties, liabilities, costs and expenses of every kind and nature whatsoever, in any manner arising out of, incident to, related to, in connection with or arising from any act, failure to act, error or omission of Consultant’ s performance or work hereunder ( including any of its officers, agents, employees, Subcontractors) or its failure to comply with any of its obligations contained in the Agreement, or its failure to comply with any current or prospective law, except for such loss or damage which was caused by the sole negligence or willful misconduct of the City. Consultant’ s obligation to indemnify shall not be restricted to insurance proceeds, if any, received by Consultant or Indemnitees. This indemnification obligation shall survive this Agreement and shall not be limited by any term of any insurance policy required under this Agreement.
a. Nonwaiver of Rights. Indemnitees do not and shall not waive any rights that they may possess against Consultant because the acceptance by City, or the deposit with City, of any insurance policy or certificate required pursuant to this Agreement.
b. Waiver of Right of Subrogation. Consultant, on behalf of itself and all parties claiming under or through it, hereby waives all rights of subrogation and contribution against the Indemnitees.
5 15. Insurance. Consultant shall comply with the requirements set forth in Exhibit " D".

Insurance requirements that are waived by the City's Risk Manager do not require amendments or revisions to this Agreement.

16. Non-Liability of Officials and Employees of the City. No official or employee of the City shall be personally liable for any default or liability under this Agreement.

17. Compliance with Laws. Consultant shall comply with all federal, state and local laws, statutes, ordinances, rules and regulations, and the orders and decrees of any courts or administrative bodies or tribunals, with respect to this Agreement, including without limitation all environmental laws, and employment laws.

18. Non-Discrimination. Consultant shall comply with all applicable federal, state, and local laws, ordinances, regulations, and codes prohibiting discrimination, including but not limited to the Civil Rights Act of 1964, the Americans with Disabilities Act of 1990, and the California Fair Employment and Housing Act.

Consultant shall not discriminate against any employee or applicant for employment on the basis of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, military and veteran status, or any other legally protected characteristic. Consultant shall ensure that the evaluation and treatment of its employees and applicants for employment are free from such discrimination and harassment. Consultant shall include a similar non-discrimination provision in all subcontracts related to the performance of this Agreement.

19. Limitations upon Subcontracting and Assignment. Consultant acknowledges that the services which Consultant shall provide under this Agreement are unique, personal services which, except as otherwise provided herein, Consultant shall not assign or sublet to any other party without the prior written approval of City, which approval may be withheld in the City's sole and absolute discretion. In the event that the City, in writing, approves any assignment or subletting of this Agreement or the retention of subcontractors by Consultant, Consultant shall provide to the City upon request copies of each and every subcontract prior to the execution thereof by Consultant and subcontractor. Any attempt by Consultant to assign any or all of its rights under this Agreement without first obtaining the City’s prior written consent shall constitute a material default under this Agreement.

The sale, assignment, transfer or other disposition, on a cumulative basis, of twenty-five percent ( 25%) or more of the ownership interest in Consultant or twenty-five percent ( 25%) or more the voting control of Consultant ( whether Consultant is a corporation, limited liability company, partnership, joint venture or otherwise) shall constitute an assignment for purposes of this Agreement.

Further, the involvement of Consultant or its assets in any transaction or series of transactions ( by way of merger, sale, acquisition, financing, transfer, leveraged 6 buyout or otherwise), whether or not a formal assignment or hypothecation of this Agreement or Consultant’ s assets occurs, which reduces Consultant’ s assets or net worth by twenty- five percent ( 25%) or more shall also constitute an assignment for purposes of this Agreement.

20. Subcontractors. Consultant shall provide properly skilled professional and technical personnel to perform any approved subcontracting duties. Consultant shall not engage the services of any person or persons now employed by the City without the prior written approval of City, which approval may be withheld in the City's sole and absolute discretion.

21. Integration. This Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes any previous oral or written agreement; provided, however, that correspondence or documents exchanged between Consultant and City may be used to assist in the interpretation of the exhibits to this Agreement.

22. Amendment. This Agreement may be amended or modified only by a subsequent written amendment executed by both parties.

23. Conflicting Provisions. In the event of a conflict between the terms and conditions of this Agreement and those of any exhibit or attachment hereto, this Agreement proper shall prevail. In the event of a conflict between the terms and conditions of any two or more exhibits or attachments hereto, those prepared by the City shall prevail over those prepared by Consultant.

24. Non-Exclusivity. Notwithstanding any provision herein to the contrary, the services provided by Consultant hereunder shall be non-exclusive, and City reserves the right to employ other contractors in connection with the project.

25. Exhibits. All exhibits hereto are made a part hereof and incorporated herein by reference; provided, however, that any language in Exhibit " A" which does not pertain to the project description, proposal, or scope of services ( as applicable) to be provided by Consultant, or any corresponding responsibilities of City, shall be deemed extraneous to, and not a part of, this Agreement.

26. Time of Essence. Time is of the essence of this Agreement.

27. Confidentiality. To the extent permissible under law, Consultant shall keep confidential its obligations hereunder and the information acquired during the performance of the project or services hereunder.

28. Third Parties. Nothing herein shall be interpreted as creating any rights or benefits in any third parties. For purposes hereof, transferees or assignees as permitted under this Agreement shall not be considered " third parties." 7 29. Governing Law and Venue. This Agreement shall be construed in accordance with the laws of the State of California without regard to principles of conflicts of law. Venue for any litigation or other action arising hereunder shall reside exclusively in the Superior Court of the County of Los Angeles, Southwest Judicial District.

30. Attorneys’ Fees. In the event either party to this Agreement brings any action to enforce or interpret this Agreement, the prevailing party in such action shall be entitled to reasonable attorneys' fees (including expert witness fees) and costs.

This provision shall survive the termination of this Agreement.

31. Claims. Any claim by Consultant against City hereunder shall be subject to Government Code §§ 810 et seq. The claims presentation provisions of said Act are hereby modified such that the presentation of all claims hereunder to the City shall be waived if not made within six (6) months after accrual of the cause of action.

32. Interpretation. Consultant acknowledges that it has had ample opportunity to seek legal advice with respect to the negotiation of this Agreement. This Agreement shall be interpreted as if drafted by both parties.

33. Warranty; Correction of Work. Consultant warrants that all products, equipment, materials, services, deliverables, and work provided under this Agreement shall:
a. be delivered with good title, free of liens, claims, and encumbrances; b. conform to all requirements of this Agreement;
c. be new and of good quality, unless otherwise expressly approved by the City in writing;
d. be free from defects in design, materials, manufacture, fabrication, installation, and workmanship; and
e. be fit and suitable for their intended purpose.

Unless a longer warranty period is specified in this Agreement or provided by an applicable manufacturer, supplier, subcontractor, or other third party, the warranties in this Section shall remain in effect for one (1) year from the latest of the date of delivery, completion of the applicable services or work, installation and operational testing, if applicable, or acceptance by the City. The City’s inspection, testing, use, payment, or acceptance of any product, service, deliverable, or work shall not waive any warranty or relieve Consultant of any obligation under this Section.

Consumable items shall be warranted for thirty (30) days from the date of delivery or acceptance by the City, whichever is later. For purposes of this Section, consumable items” means items intended to be routinely consumed, depleted, or replaced through normal use, such as disposable filters, fluids, and replaceable lamps. Consumable items do not include installed equipment, batteries, electrical 8 or lighting components or assemblies, finishes, graphics, manufactured or fabricated components, or any other item intended to remain in service as part of the completed product or work.

If, during the applicable warranty period, the City determines that any product, equipment, material, service, deliverable, or work is defective or nonconforming, Consultant shall, upon the City’s written notice and at Consultant’ s sole cost and expense, promptly repair, correct, remove, replace, or reperform the defective or nonconforming product, service, deliverable, or work. Consultant’ s obligations shall include all labor, professional services, supervision, materials, equipment, testing, transportation, removal, disposal, reinstallation, restoration, and other costs necessary to provide fully conforming products, services, deliverables, and work.

If Consultant fails to begin and diligently complete the required correction within the time specified by the City, or immediately when necessary to protect persons or property or prevent interruption of City operations, the City may correct, replace, or reperform the defective or nonconforming product, service, deliverable, or work itself or through others. Consultant shall reimburse the City for all costs and expenses incurred by the City.

Any repaired, corrected, replaced, or reperformed product, service, deliverable, or work shall be warranted for one (1) year from the date the repair, correction, replacement, or reperformance is completed and accepted by the City, or for the remainder of the original warranty period, whichever is longer.

Consultant shall obtain and pass through to the City all applicable manufacturer, supplier, subcontractor, and other third-party warranties, together with all documentation reasonably necessary for the City to enforce those warranties.

Third- party warranties are in addition to, and shall not limit, reduce, replace, or condition, Consultant’ s obligations under this Section.

Nothing in this Section shall limit Consultant’ s obligation to correct, replace, or reperform defective or nonconforming products, services, deliverables, or work or Consultant’ s indemnity obligations under Section 14. The warranties, obligations, and remedies set forth in this Section are cumulative and are in addition to all other rights and remedies available to the City under this Agreement or applicable law.

The warranties and obligations set forth in this Section shall survive completion, acceptance, payment, termination, and expiration of this Agreement and shall remain in full force and effect for the applicable warranty periods stated herein and under any assigned or passed- through third-party warranties. 9 34. Severability. Any provision of this Agreement that is found invalid or unenforceable shall be deemed severed and all remaining provisions of this Agreement shall remain enforceable to the fullest extent permitted by law.

35. Authority. City warrants and represents that upon City Council approval, the Mayor of the City of Redondo Beach is duly authorized to enter into and execute this Agreement on behalf of City. The party signing on behalf of Consultant warrants and represents that he or she is duly authorized to enter into and execute this Agreement on behalf of Consultant, and shall be personally liable to City if he or she is not duly authorized to enter into and execute this Agreement on behalf of Consultant.

36. Waiver. The waiver by the City of any breach of any term or provision of this Agreement shall not be construed as a waiver of any subsequent breach.

37. Counterparts and Electronic Signatures. This Agreement may be executed in one or more counterparts, each of which shall constitute an original and all of which when taken together shall constitute one agreement. Signatures transmitted electronically or executed by electronic signature shall have the same force and effect as original signatures.

SIGNATURES FOLLOW ON NEXT PAGE
10 IN WITNESS WHEREOF, the parties have executed this Agreement in Redondo Beach, California, as of this 6th day of October, 2026.

CITY OF REDONDO BEACH, HDL COREN & CONE,
a chartered municipal corporation a California corporation By: _______________________
James A. Light, Mayor Name: _______________________
Title: _______________________
ATTEST: APPROVED:

Eleanor Manzano, City Clerk Diane Strickfaden, Risk Manager APPROVED AS TO FORM:

Joy A. Ford, City Attorney
CFO
Nichole Cone-Morishita
9/29/2026 | 3:12 PM PDT
11 EXHIBIT " A"

PROJECT DESCRIPTION AND/OR SCOPE OF SERVICES
A. PROJECT OVERVIEW. Property tax and property transfer tax are the City’s largest revenue sources. Consultant shall provide the City and Successor Agency with property tax management, data analysis and reporting services to assist the City with budget forecasting, fiscal and economic planning. Consultant shall conduct parcel audits to recover any misallocated property tax revenues attributable to the City or Successor Agency and shall provide City staff access to a web-based property- tax database.

B. SCOPE OF WORK. Consultant shall perform the services described in the Tasks and Activities section below including property tax analysis and reporting; access to a web-based property tax database that is updated monthly with the City’s property tax data; quarterly reporting of property transfers and property tax appeals; audit of the secured and unsecured property tax rolls to identify and correct errors resulting in misallocation of property taxes; ongoing property tax consulting and research; and on-call consultation with City staff to assist with property tax questions and issues.

C. TASKS AND ACTIVITIES. Consultant shall provide the following services.

1. Contingency Services
a. Identification and Correction of Misallocation Errors of Property Taxes

1. Consultant shall annually conduct an audit to identify and verify City parcels on the secured Property Tax Roll which are not properly attributed to the City and shall provide the correct Tax Rate Area ("TRA") designation to the County Assessor. Consultant shall submit any corrections to the County Assessor and provide the City with file copies of any submittals.

2. Consultant shall annually reconcile the annual County AuditorController assessed valuations report to the assessor' s lien date rolls and identify discrepancies.

3. Consultant shall annually audit parcels on the unsecured Property Tax Roll to identify and correct any inconsistencies such as value variations, values reported to a mailing address rather than the situs address, and errors involving TRAs (to the extent records are available). Consultant shall submit any corrections to the County Assessor and shall provide the City with file copies of any submittals.
12 4. Upon City's request, Consultant shall audit General Fund property tax revenue, tax increment property tax revenue, or other revenues attributable to the City, Successor Agency and districts including but not limited to base year value audits; administration of tax sharing agreements; tax increment allocation reviews; County allocation and payments reviews). Consultant shall provide the City with file copies of any submittals to the County Assessor.

2. Basic Services
a. Database/ Web-based Software

1. Consultant shall establish and maintain a Property Tax Database Database”) with the City’s property tax data.

2. Consultant shall make the Database available to City through Consultant' s web-based software application in order for City staff to access the property tax data.

3. Consultant shall provide updates to the Database on a monthly basis to reflect changes in ownership, updated appeals filings, and deed recordings.

4. Consultant shall provide modified and enhanced versions of the Database at no cost to the City.

5. Consultant shall provide training to City staff within the first two months of the execution of this Agreement and one annual training, upon City's request, for new staff or existing staff who need a training update at no cost to the City. Additional training in excess of the one annual training will be billed at hourly rates listed in Exhibit “ C”.
b. Property Tax Roll Services. After the Property Tax Roll is made available by the County Assessor in July of each calendar year, Consultant shall provide the following reports annually:

1. A listing of the major property owners in the City, including the combined assessed value of their property and property use code designation.

2. A listing of the major property taxpayers, including an estimate of the property taxes.

3. An annual parcel listing identifying parcel number changes between tax years including parcel splits and combinations.
13 4. A five (5) year history of property values within the City, Successor Agency, and City defined geographic areas.

5. A listing of the largest property value changes, positive and negative between tax years.

6. A listing of property tax transfers which occurred since the prior lien date, ordered by month.

7. A listing of parcels that have not changed ownership since the enactment of Proposition 13.

8. A comparison of property within the City by County use-code designation.

9. A multiple year comparison of property growth within the City by County use-code designation over a five (5) year period.

10. A listing by parcel of new construction activity to identify nonresidential parcels with new construction activity and to provide reports for use in the City's preparation of Gann (Propositions 4 and 111) State Appropriation Limit calculations.

11. A listing of parcels under common ownership.

12. A listing of absentee owner parcels.

13. An estimate of property tax revenue anticipated to be received for the fiscal year by the City. This estimate is based upon the initial information provided by the County and is subject to modification.

This estimate shall not be used to secure the indebtedness of the City.

14. Tracking of Proposition 8 reductions and restorations.

15. Median sale price data for current year and prior years for comparison.

16. Development of historical trending reports involving taxable assessed values for the City, median and average sales prices, foreclosure activity, bank owned property and related economic trends.

17. Upon City's written request, analyses based on geographic areas designated by the City to include assessed valuations and square 14 footage computations for use in economic analysis and community development planning.

18. One (1) and five (5) year budget projections for General Fund, Successor Agency and VLF In Lieu Revenues. This report is interactive for tax modeling.

19. Newsletter summary for public and elected distribution. c. Successor Agency Services. Successor Agency services provided by Consultant shall include, but shall not be limited to, the following:

1. Provide annual tax increment projections by project area.

2. Provide cash flow analysis for the Successor Agency by project area, as requested by City.

3. Review of Redevelopment Obligation Payment Schedules ROPS), as requested by City.

4. Monitor the County distribution of tax-sharing revenues to the City.

5. Prepare estimates of pass-through and residual revenue payments to the City and City sub-entities, as requested by the City.

6. Provide advice and consultation on the City/Successor Agency’ s preparation of required reports, such as revenue projections; review of ROPS, submittals to the Oversight Board and/or County or State agencies, and new or revised legislative requirements if requested by the City or Successor Agency.

7. Provide analysis of legislative and judicial matters impacting Redevelopment Property Tax Trust Fund ( RPTTF) revenues to the Successor Agency and to the City.
d. Quarterly Services. Consultant shall perform the following services quarterly:

1. Provide a listing of property tax appeals filed on properties in the City where data is available for purchase from the Clerk of the Board of Supervisors.

2. Provide a listing of property transfers that have occurred since the last report. Listing shall be available through the web-based property tax Database provided by the Consultant.
15 e. On-Going Consultation. Consultant shall provide ongoing consultation, including but not limited to, responding to City's questions or issues related to property tax, assisting in estimating current year property tax revenues, and answering inquiries that can be resolved through use of the City's property tax database. All requests for information based upon the City’s property tax data sets shall be provided at no additional cost.

3. Optional Services. Upon City's written request, Consultant shall provide the following Optional Services. Optional Services shall be billed at the hourly rates listed in Exhibit “ C” only if approved in advance in writing by the City Finance Director or designee. The written approval shall identify the Optional Services authorized and the maximum compensation approved for such services.
a. Specified Data. Generate specialized data-based reports and/or develop special geo-based designations from City maps or geographic areas that require additional programming, the purchase of additional data, costs for County staff research, additional historical parcel tracking or other requests for specialized data that Consultant is not required to provide the City pursuant to Section C.2 of this Exhibit “ A”.
b. County Research. Any research with County agencies for which Consultant does not have a current database.
c. Additional Meetings Requested. Attendance at City Council, City Commissions, or Successor Agency meetings or additional meetings in excess of the annual meeting to review the analysis of property tax data, trending information and other findings with City. d. Additional Training. Training in excess of the requirements in Section C.2.a.5 of this Exhibit " A".
e. Additional Work. Additional property tax consulting, research and reporting that are outside the Scope of Services specified in this Exhibit A” and approved in advance in writing by the City Finance Director or designee.

D. DELIVERABLES
Consultant shall prepare and submit all reports, data analysis, parcel audits, copies of submittals to the County Assessor, access and updates to the property tax Database and ongoing property tax consultation described in Section C of this Exhibit “A” to the City. All services and deliverables shall comply with all applicable federal, state, and local laws, regulations, rules, codes, standards and amendments thereto, including applicable reporting requirements of the County Assessor and County Auditor- Controller’ s Office.
16 E. PROJECT SCHEDULE
Consultant shall perform all work specified in the “Tasks and Activities” section of this Exhibit “A” in accordance with the “Performance Schedule” listed in Exhibit “B”.

F. PERFORMANCE REQUIREMENTS
Consultant shall perform all work in accordance with generally accepted professional practices and standards of Consultant’ s profession.

G. REPORTING REQUIREMENTS
Consultant shall provide all reports, data analysis, parcel audits, submittals to the County Assessor and property tax consulting services required by this Agreement or reasonably requested by the City Finance Director. Consultant shall promptly notify the City Finance Director of any condition that may materially affect the progress or timely completion of the work.

H. ROLES AND RESPONSIBILITIES

1. Consultant Responsibilities. Consultant shall:
a. Perform property tax management, data analysis, reporting and parcel auditing services to the City and Successor Agency;
b. Prepare and provide the required property tax data and reports to the City; c. Maintain and provide access to web-based property tax database to City staff;
d. Identify and correct any misallocations of property taxes; e. Provide ongoing property tax consultation; and
f. Provide Optional Services, upon City’s written request.

2. City Responsibilities. City will provide the following:
a. Current City maps and zoning maps, upon request by Consultant; b. A copy of reports received by the City annually from the County AuditorController’ s Office detailing assessed values ( secured, unsecured and utilities), as well as unitary values for Consultant’ s reconciliation analysis; c. Parcel listing and maps of City parcel annexations since the lien date roll; d. A listing of the City’s levies, assessment districts, and direct assessments; e. Successor Agency formation documents, debt service schedules, plan caps, Disposition and Development Agreements, and Owner Participation Agreements;
f. Copies of the County Auditor- Controller’ s Office monthly notifications regarding the amounts sent to the City; and
g. Any other information and data reasonably requested by Consultant that is within the City’s possession or control and reasonably necessary for Consultant’ s performance of the services under this Agreement. The City shall not be required to create, compile, or obtain information or data that is not otherwise available to the City.
17 EXHIBIT " B"

TERM AND TIME OF COMPLETION
TERM. This Agreement shall commence on August 17, 2026 and shall continue through August 16, 2031 unless otherwise terminated as herein provided.

PERFORMANCE SCHEDULE
Consultant shall complete all tasks, activities and deliverables identified in Exhibit “ A” in accordance with the following performance schedule. The performance schedule may be modified by mutual written consent of the parties.

1. Consultant shall purchase the County property tax assessment rolls/data annually in July/August.

2. Consultant shall prepare preliminary property tax reports annually in August or September and deliver the preliminary reports to the City no later than January 31.

3. Consultant shall meet with City staff annually, no later than January 31, to present property tax reports and analysis of the City’s property tax data.

4. Consultant shall prepare and deliver final property tax reports to the City annually, no later than April 30.

5. Consultant shall perform the first secured parcel audit and submit any corrections to the County Assessor no later than 60 days from the date of this Agreement.

Thereafter, Consultant shall perform secured parcel audits annually and submit any corrections to the County Assessor.

6. Consultant shall perform unsecured parcel audits and submit any corrections to the County Assessor within one hundred twenty ( 120) days after receipt of the County property tax assessment rolls/data.

7. Consultant shall update the City’s property tax Database on a monthly basis.

8. Consultant shall provide the City with a listing of property tax appeals and property transfers on a quarterly basis.
18 EXHIBIT " C"

COMPENSATION
Provided Consultant is not in default under this Agreement, Consultant shall be compensated as provided below.

A. AMOUNT

1. Basic Services. Consultant shall be paid in accordance with the following schedule for the services described in Section C.2 of Exhibit “ A”.

Agreement Year Annual Fee
Year 1 $ 21,035
Year 2 $ 21,666
Year 3 $ 22,316
Year 4 $ 22,986
Year 5 $ 23,676
The applicable annual fee shall be divided into four equal installments and invoiced quarterly.

2. Optional Services. Consultant shall be paid for Optional Services described in Section C.3 of Exhibit “ A” only if such services are approved in advance in writing by the City Finance Director or designee. Optional Services shall be billed at the following hourly rates:

Staff Title Hourly Rate
Partner $ 250
Principal $ 225
Programmer $ 200
Associate $ 175
Senior Analyst $ 125
Analyst $ 90
Administrative $ 70
Consultant may propose adjustments to the hourly rates annually, effective July 1.

Consultant shall provide the City with an updated schedule of proposed hourly rates before any adjustment becomes effective. No hourly rate shall increase by more than five percent ( 5%) per year, and any increase shall be subject to the City’s prior written approval. An increase in hourly rates shall not increase the not to exceed amount.

3. Contingency Services. For Contingency Services described in Section C.1 of Exhibit “A”, Consultant shall be paid a contingency fee equal to twenty five percent 25%) of General Fund property tax revenue, tax increment property tax revenue, or other revenues attributable to the City or Successor Agency that are recovered 19 or reallocated as a direct result of an audit, analysis, or consultation performed by the Consultant and reflected on a subsequent property tax roll.

Contingency Services may include, but are not limited to, base year value audits, administration of tax sharing agreements, tax increment allocation reviews, and County allocation reviews. The contingency fee shall not apply to revenues that the City or Successor Agency would have received in the ordinary course absent Consultant’ s services.

Consultant shall separately identify and support each recovery or reallocation for which a contingency fee is claimed. Each invoice shall identify the applicable recovery or reallocation, the amount of additional revenue attributable to the recovery or reallocation, the basis for the recovery or reallocation, and the calculation of the contingency fee. Consultant shall provide evidence that the applicable correction has been made by the appropriate agency and reflected on a subsequent property tax roll. No contingency fee shall be due or payable until the City or Successor Agency has received its first remittance advice during the fiscal year for which the correction applies.

B. REIMBURSABLE EXPENSES
In addition to the above fees, Consultant shall be reimbursed for reasonable and necessary out-of-pocket expenses incurred in connection with the performance of services under this Agreement. Reimbursable expenses shall be reimbursed at Consultant’ s actual cost without markup. Out-of-pocket expenses are subject to the following conditions:

1. Approval for Expenses Over $ 250: Consultant shall obtain prior written approval from the City for any out-of-pocket expense exceeding $ 250. The City reserves the right to withhold reimbursement for any expense deemed unreasonable, unnecessary, or not properly substantiated.

2. Approval for Expense Cap: The maximum reimbursement for out-of-pocket expenses shall not exceed $ 2,000 during the term of this Agreement.

3. Documentation: Consultant shall submit receipts and documentation for all reimbursable expenses as part of the invoice.

4. Types of Reimbursable Expenses. Reimbursable expenses shall include, but are not limited to, purchases of additional data for report preparation, meals and mileage related to attendance at additional meetings requested by the City.

C. NOT TO EXCEED AMOUNT. In the event that unforeseen conditions or circumstances arise in connection with the services described in Exhibit “A,” including but not limited to additional work outside the Scope of Services described in Exhibit A” requested by the City, the Consultant shall notify the City and submit a written estimate for any proposed additional work. Subject to the prior written approval of the City Finance Director, the City may authorize Consultant to use up to $ 15,000 in contingency funds to perform such additional work. Any such use of contingency funds shall not increase the total compensation payable to Consultant, including 20 reimbursable expenses, beyond $ 128,679. The $128,679 not to exceed amount does not include the twenty five percent ( 25%) contingency fee payable for Contingency Services as described in Section A.3 of this Exhibit “ C”.

D. METHOD OF PAYMENT
Consultant shall submit invoices in accordance with the following schedule:

Type of Service Invoice Schedule
Basic Services Quarterly
Optional Services Upon completion of the authorized services Contingency Services
After submittal of evidence that the applicable
correction has been made by the appropriate
agency and reflected on a subsequent tax roll,
and the City or Successor Agency has received
its first remittance advice during the fiscal year
for which the correction applies.

Each invoice shall indicate the dates of service and a description of services performed. Invoices for Optional Services shall also identify the applicable City authorization, staff title, hourly rate, and number of hours worked.

Invoices must be itemized, adequately detailed, based on accurate records, and, if applicable, attach subcontractor invoices, reimbursable expense approvals, and expense receipts. Invoices must be in a form reasonably satisfactory to the City.

Consultant may be required to provide backup material upon request by the City.

E. SCHEDULE FOR PAYMENT. The City will make full payment within 30 days after its receipt of the invoice, provided the services are completed to the City's reasonable satisfaction. Notwithstanding the foregoing, the City may withhold any payments, or portion thereof, that the City disputes in good faith until the dispute is resolved, to the maximum extent permitted by law.

F. NOTICE
Written notices to City and Consultant shall be given by registered or certified mail, postage prepaid, email, or personally served, and addressed to the following parties.

Consultant: HdL Coren & Cone
120 S State College Blvd, Suite 200
Brea, CA 92821
Attention: Nichole Cone, Vice President
Email: ncone@hdlccpropertytax. com
City: City of Redondo Beach
Financial Services Department
415 Diamond St
Redondo Beach, CA 90277
21 Attention: Stephanie Meyer, Finance Director
Email: stephanie. meyer@redondo. org
All notices, including notices of address changes, provided under this Agreement are deemed received as follows: ( 1) on the second business day after emailing, provided that no “bounce- back” or similar message indicating non-delivery is received; ( 2) on the third day after mailing if sent by registered or certified mail; or (3) upon personal delivery. Changes in the respective address set forth above may be made from time to time by any party upon written notice to the other party in accordance with this section.
22 EXHIBIT “ D”

INSURANCE REQUIREMENTS FOR CONSULTANTS
Without limiting Consultant’ s indemnification obligations under this Agreement, Consultant shall procure and maintain for the duration of the contract insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the work hereunder by the Consultant, its agents, representatives, or employees.

Minimum Scope of Insurance
Coverage shall be at least as broad as:

Insurance Services Office Commercial General Liability coverage ( occurrence form CG 0001).

Insurance Services Office form number CA 0001 (Ed. 1/87) covering Automobile Liability, code 1 (any auto).

Workers’ Compensation insurance as required by the State of California.

Employer’ s Liability Insurance.

Minimum Limits of Insurance
Consultant shall maintain limits no less than:

General Liability: $ 2,000,000 per occurrence for bodily injury, personal injury and property damage. The general aggregate limit of $4,000,000 shall apply separately to this project.

Automobile Liability: $ 1,000,000 per accident for bodily injury and property damage.

Employer’ s Liability: $ 1,000,000 per accident for bodily injury or disease.

Deductibles and Self-Insured Retentions
Any deductibles or self-insured retentions must be declared to and approved by the City. At the option of the City, either: (1) the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects the City, its officers, officials, employees and volunteers or (2) the Consultant shall provide a financial guarantee satisfactory to the City guaranteeing payment of losses and related investigations, claim administration and defense expenses.
23 Other Insurance Provisions
The general liability and automobile liability policies shall contain, or be endorsed to contain, the following provisions:

Additional Insured Endorsement:

General Liability: The City, its officers, elected and appointed officials, employees, and volunteers shall be covered as insureds with respect to liability arising out of work performed by or on behalf of the Consultant. General liability coverage can be provided in the form of an endorsement to the Consultant’ s insurance, or as a separate owner’ s policy.

Automobile Liability: The City, its officers, elected and appointed officials, employees, and volunteers shall be covered as insureds with respect to liability arising out of automobiles owned, leased, hired or borrowed by or on behalf of the Consultant.

For any claims related to this project, the Consultant’ s insurance coverage shall be primary insurance as respects the City, its officers, elected and appointed officials, employees, and volunteers. Any insurance or self-insurance maintained by the City, its officers, officials, employees, or volunteers shall be excess of the Consultant’ s insurance and shall not contribute with it.

Each insurance policy required by this clause shall be endorsed to state that coverage shall not be canceled by either party, except after thirty ( 30) days prior written notice by certified mail, return receipt requested, has been given to the City.

Each insurance policy shall be endorsed to state that 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.

Each insurance policy shall be in effect prior to awarding the contract and each insurance policy or a successor policy shall be in effect for the duration of the project.

The maintenance of proper insurance coverage is a material element of the contract and failure to maintain or renew coverage or to provide evidence of renewal may be treated by the City as a material breach of contract on the Consultant’ s part.

Acceptability of Insurers
Insurance shall be placed with insurers with a current A.M. Best’s rating of no less than A:VII and which are authorized to transact insurance business in the State of California by the Department of Insurance.
24 Verification of Coverage
Consultant shall furnish the City with original certificates and amendatory endorsements effecting coverage required by this clause. The endorsements should be on the City authorized forms provided with the contract specifications. Standard ISO forms which shall be subject to City approval and amended to conform to the City’s requirements may be acceptable in lieu of City authorized forms. All certificates and endorsements shall be received and approved by the City before the contract is awarded. The City reserves the right to require complete, certified copies of all required insurance policies, including endorsements effecting the coverage required by these specifications at any time.

Subcontractors
Consultant shall include all subcontractors as insured under its policies or shall furnish separate certificates and endorsements for each subcontractor. All coverages for subcontractors shall be subject to all of the requirements stated herein.

Risk Management
Consultant acknowledges that insurance underwriting standards and practices are subject to change, and the City reserves the right to make changes to these provisions in the reasonable discretion of its Risk Manager.

SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE

THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS.

INSURER( S) AFFORDING COVERAGE
INSURER F :

INSURER E :

INSURER D :

INSURER C :

INSURER B :

INSURER A :

NAIC #
NAME:

CONTACT
A/C, No):

FAX
E- MAILADDRESS:

PRODUCER
A/C, No, Ext):

PHONE

INSURED
COVERAGES CERTIFICATE NUMBER: REVISION NUMBER:

IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed.

If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement( s).

THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS

CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER( S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.

OTHER:

Per accident)
Ea accident)
N / A
SUBR
WVD
ADDL
INSD

THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS

CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.

PROPERTY DAMAGE
BODILY INJURY ( Per accident)
BODILY INJURY ( Per person)

COMBINED SINGLE LIMIT

AUTOS ONLY

AUTOSAUTOS ONLY

NON- OWNED

SCHEDULEDOWNED

ANY AUTO

AUTOMOBILE LIABILITY
Y / N

WORKERS COMPENSATION

AND EMPLOYERS' LIABILITY
OFFICER/ MEMBER EXCLUDED?
Mandatory in NH)
DESCRIPTION OF OPERATIONS below
If yes, describe under

ANYPROPRIETOR/ PARTNER/ EXECUTIVE
E.L. DISEASE - POLICY LIMIT
E.L. DISEASE - EA EMPLOYEE
E.L. EACH ACCIDENT
STATUTEPER EROTHMM/ DD/ YYYY) LIMITS(

POLICY EXP(

MM/ DD/ YYYY) NUMBERTYPEEFFPOLICYPOLICY INSURANCELTRINSR OF DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES ( ACORD 101, Additional Remarks Schedule, may be attached if more space is required)

EXCESS LIAB
UMBRELLA LIAB $ EACH OCCURRENCE

AGGREGATE
OCCUR

CLAIMS- MADE
DED RETENTION $

PRODUCTS - COMP/ OP AGG

GENERAL AGGREGATE

PERSONAL & ADV INJURY
MED EXP ( Any one person)

EACH OCCURRENCE
DAMAGE TO RENTED $
PREMISES ( Ea occurrence)

COMMERCIAL GENERAL LIABILITY

CLAIMS- MADE OCCUR
GEN' L AGGREGATE LIMIT APPLIES PER:

POLICY
PROJECT LOC

CERTIFICATE OF LIABILITY INSURANCE

DATE ( MM/ DD/YYYY)

CANCELLATION

CERTIFICATE HOLDER
The ACORD name and logo are registered marks of ACORD
HIRED

AUTOS ONLY
6/9/2026
Gallagher Brokerage & Insurance Solutions, Inc.
50 California St
Floor 12
San Francisco CA 94111
WS Certificates
415- 391- 2141
certrequests@ajg. com
License#: 0329598 Continental Casualty Company 20443
HDLCORE- 01
20427HdLCoren& American Casualty Company of Reading, PACone 120 S. State College Blvd., Suite 200
Brea, CA 92821
At-Bay Specialty Insurance Company 19607
1419900687
A X 2,000, 000
X 1,000, 000
10,000
2,000, 000
4,000, 000
X X
6025253592 6/15/2026 6/15/2027
4,000, 000
A 1,000, 000
X X
6025253592 6/15/2026 6/15/2027
A X X 00060252536116/ 15/2026 6/15/2027 1,000,
1,000, 000
X
10,000
B X60252536086/ 15/2026 6/15/2027
1,000, 000
1,000, 000
1,000, 000
C
C
Errors & Omissions
Cyber Liability
AB- 1125792- 01
AB667452101
6/15/2026
6/15/2026
6/15/2027
6/15/2027
Each Claim
Aggregate
2,000, 000
2,000, 000
City of Redondo Beach, its officers, elected and appointed officials, employees and volunteers are included as additional insured as respects General Liability and Automobile Liability to the extent provided in the attached forms.

City of Redondo Beach
415 Diamond Street
Redondo Beach CA 90277
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

HIRED AUTO AND NON-OWNED AUTO LIABILITY
This endorsement modifies insurance provided under the following:

BUSINESSOWNERS LIABILITY COVERAGE FORM

BUSINESSOWNERS COMMON POLICY CONDITIONS

SCHEDULE
Insurance is provided only with respect to those coverages for which a specific limit is shown:

COVERAGE LIMIT
Hired Auto Liability: $
Non-owned Auto Liability: $
SB146902G
Ed. 6-16)
If no entry appears above, information required to complete this endorsement will be shown in the Declarations as applicable to this endorsement.)

PROVISIONS
A. COVERAGE
With respect only to the Coverage(s) for which a limit is shown in the SCHEDULE above, the insurance provided under Coverage A.1. Business Liability for "bodily injury" and " property damage" also applies to "bodily injury" or property damage" arising out of the maintenance or use of a:

Hired auto" used by you or your "employee" in the course of your business; and/or Non-owned auto" used in the course of your business. Maintenance or use of a "non-owned auto" includes test driving in connection with an "auto business."
With respect only to the coverage provided by this endorsement, under Coverages, coverage A.1. Business Liability is amended to:

1. Delete paragraph A.1.b.(1 )(b) and replace it with the following:
b. This insurance applies:
1) To "bodily injury" and "property damage" only if:
b) The "occurrence" occurs during the policy period; and

2. Delete paragraph A.1.b.(2),.

B. LIMITS OF INSURANCE
With respect only to the coverage provided by this endorsement, SECTION D. Liability And Medical Expenses Limits of Insurance is deleted in its entirety and replaced with the following:

D. Limits Of Insurance

1. Regardless of the number of:
a. Insureds;
b. Claims made or "suits" brought;
c. Persons or organizations making claims or bringing "suits"; or d. " Autos,"
the applicable Hired Auto Liability limit or Non-Owned Auto Liability limit shown in the Declarations is the most we will pay for damages under SECTION A. Coverages because of all "bodily injury" and "property damage" resulting from any one " occurrence" arising out of the maintenance or use of a "hired auto" or "non-owned auto."
SB146902G (Ed. 6-16)

Page 1 of 3 ends

Policy Number: B 6025253592

SB146932G
Ed. 10-19)

BLANKET ADDITIONAL INSURED AND LIABILITY EXTENSION ENDORSEMENT This endorsement modifies insurance provided under the following:

BUSINESSOWNERS LIABILITY COVERAGE FORM

BUSINESSOWNERS COMMON POLICY CONDITIONS

TABLE OF CONTENTS
I. Blanket Additional Insured Provisions
A. Additional Insured – Blanket Vendors
B. Miscellaneous Additional Insureds
C. Additional Provisions Pertinent to Additional Insured Coverage

1.a. Primary – Noncontributory provision

1.b. Definition of "written contract"

2. Additional Insured – Extended Coverage
II. Liability Extension Coverages
A. Bodily Injury – Expanded Definition
B. Broad Knowledge of Occurrence
C. Estates, Legal Representatives and Spouses
D. Fellow Employee First Aid
E. Legal Liability – Damage to Premises
F. Personal and Advertising Injury – Discrimination or Humiliation G. Personal and Advertising Injury – Broadened Eviction H. Waiver of Subrogation – Blanket
I. BLANKET ADDITIONAL INSURED PROVISIONS
A. ADDITIONAL INSURED – BLANKET VENDORS
Who Is An Insured is amended to include as an additional insured any person or organization ( referred to below as vendor) with whom you agreed under a " written contract" to provide insurance, but only with respect to bodily injury" or "property damage" arising out of "your products" which are distributed or sold in the regular course of the vendor's business, subject to the following additional exclusions:

1. The insurance afforded the vendor does not apply to:
a." Bodily injury" or "property damage" for which the vendor is obligated to pay damages by reason of the assumption of liability in a contract or agreement. This exclusion does not apply to liability for damages that the vendor would have in the absence of the contract or agreement; b. Any express warranty unauthorized by you;
c. Any physical or chemical change in the product made intentionally by the vendor; d. Repackaging, except when unpacked solely for the purpose of inspection, demonstration, testing, or the substitution of parts under instructions from the manufacturer, and then repackaged in the original container;
e. Any failure to make such inspections, adjustments, tests or servicing as the vendor has agreed to make or normally undertakes to make in the usual course of business, in connection with the distribution or sale of the products;
f. Demonstration, installation, servicing or repair operations, except such operations performed at the vendor's premises in connection with the sale of the product; g. Products which, after distribution or sale by you, have been labeled or relabeled or used as a container, part or ingredient of any other thing or substance by or for the vendor; or SB146932G ( 10-19) Page 1of7
Copyright, CNA All Rights Reserved.

Policy Number: B6025253592
SB146932G
Ed. 10-19)
h." Bodily injury" or "property damage" arising out of the sole negligence of the vendor for its own acts or omissions or those of its employees or anyone else acting on its behalf. However, this exclusion does not apply to:
1) The exceptions contained in Subparagraphs d. or f.;or 2) Such inspections, adjustments, tests or servicing as the vendor has agreed to make or normally undertakes to make in the usual course of business, in connection with the distribution or sale of the products.

2. This insurance does not apply to any insured person or organization, from whom you have acquired such products, or any ingredient, part or container, entering into, accompanying or containing such products.

3. This provision 2. does not apply to any vendor included as an insured by an endorsement issued by us and made a part of this Policy.

4. This provision 2. does not apply if " bodily injury" or " property damage" included within the " productscompleted operations hazard" isexcluded either by the provisions of the Policy or by endorsement.

B. MISCELLANEOUS ADDITIONAL INSUREDS

1. Who Is An Insured is amended to include as an insured any person or organization ( called additional insured) described in paragraphs 3.a. through 3.j. below whom you are required to add as an additional insured on this policy under a "written contract."

2. However, subject always to the terms and conditions of this policy, including the limits of insurance, we will not provide the additional insured with:
a. A higher limit of insurance than required by such "written contract;" b. Coverage broader than required by such "written contract" and in no event greater than that described by the applicable paragraph a. through k. below; or
c. Coverage for " bodily injury" or " property damage" included within the " products-completed operations hazard." But this paragraph c. does not apply to the extent coverage for such liability is provided by paragraph 3.j. below.

Any coverage granted by this endorsement shall apply only to the extent permitted by law.

3. Only the following persons or organizations can qualify as additional insureds under this endorsement:
a. Controlling Interest
Any persons or organizations with a controlling interest in you but only with respect to their liability arising out of:
1) such person or organization' s financial control of you; or 2) Premises such person or organization owns, maintains or controls while you lease or occupy these premises;
provided that the coverage granted to such additional insureds does not apply to structural alterations, new construction or demolition operations performed by or for such additional insured. b. Co-owner of Insured Premises
A co-owner of a premises co-owned by you and covered under this insurance but only with respect to the co-owners liability for " bodily injury," "property damage" or " personal and advertising injury" as coowner of such premises. c. Grantor of Franchise
Any person or organization that has granted a franchise to you, but only with respect to such person or organization' s liability for " bodily injury," "property damage," or " personal and advertising injury" as grantor of a franchise to you.

SB146932G ( 10-19) Page 2of7
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SB146932G
Ed. 10-19)
d. Lessor of Equipment
Any person or organization from whom you lease equipment, but only with respect to liability for " bodily injury," "property damage" or " personal and advertising injury" caused in whole or in part by your maintenance, operation or use of such equipment, provided that the " occurrence" giving rise to such bodily injury" or " property damage" or the offense giving rise to such " personal and advertising injury" takes place prior to the termination of such lease. e. Lessor of Land
Any person or organization from whom you lease land, but only with respect to liability for "bodily injury," property damage" or "personal and advertising injury" arising out of the ownership, maintenance or use of that specific part of the land leased to you, provided that the " occurrence" giving rise to such bodily injury" or " property damage" or the offense giving rise to such " personal and advertising injury," takes place prior to the termination of such lease. The insurance hereby afforded to the additional insured does not apply to structural alterations, new construction or demolition operations performed by, on behalf of or for such additional insured.
f. Lessor of Premises
An owner or lessor of premises leased to you, or such owner or lessor's real estate manager, but only with respect to liability for " bodily injury," "property damage" or " personal and advertising injury" arising out of the ownership, maintenance or use of such part of the premises leased to you, and provided that the " occurrence" giving rise to such " bodily injury" or "property damage" or the offense giving rise to such "personal and advertising injury," takes place prior to the termination of such lease.

The insurance hereby afforded to the additional insured does not apply to structural alterations, new construction or demolition operations performed by, on behalf of or for such additional insured. g. Mortgagee, Assignee or Receiver
A mortgagee, assignee or receiver of premises but only with respect to such mortgagee, assignee, or receiver' s liability for " bodily injury," "property damage" or " personal and advertising injury" arising out of the ownership, maintenance, or use of a premises by you.

This insurance does not apply to structural alterations, new construction or demolition operations performed by, on behalf of or for such additional insured. h. State or Political Subdivisions
A state or government agency or subdivision or political subdivision that has issued a permit or authorization, but only with respect to such government agency or subdivision or political subdivision' s liability for "bodily injury," "property damage" or "personal and advertising injury" arising out of:
1) The following hazards in connection with premises you own, rent, or control and to which this insurance applies:
a) The existence, maintenance, repair, construction, erection, or removal of advertising signs, awnings, canopies, cellar entrances, coal holes, driveways, manholes, marquees, hoistaway openings, sidewalk vaults, street banners, or decorations and similar exposures; or b) The construction, erection, or removal of elevators; or c) The ownership, maintenance or use of any elevators covered by this insurance; or 2) The permitted or authorized operations performed by you or on your behalf. But the coverage granted by this paragraph does not apply to:
a)" Bodily injury", " property damage" or " personal and advertising injury" arising out of operations performed for the state or government agency or subdivision or political subdivision; or
b)" Bodily injury" or " property damage" included within the " products-completed operations hazard."
With respect to this provision's requirement that additional insured status must be requested under a written contract," we will treat as a "written contract" any governmental permit that requires you to add the governmental entity as an additional insured.

Policy Number: B6025253592
SB146932G
Ed. 10-19)
i. Trade Show Event Lessor
With respect to your participation in a trade show event as an exhibitor, presenter or displayer, any person or organization whom you are required to include as an additional insured, but only with respect to such person or organization' s liability for " bodily injury," " property damage," or " personal and advertising injury" caused by:
a. Your acts or omissions; or
b. Acts or omissions of those acting on your behalf;
in the performance of your ongoing operations at the trade show premises during the trade show event. j. Other Person or Organization
Any person or organization who is not an additional insured under paragraphs a. through i. above. Such additional insured is an insured solely for " bodily injury," " property damage" or " personal and advertising injury" for which such additional insured is liable because of your acts or omissions.

The coverage granted by this paragraph does not apply to any person or organization:
1) For " bodily injury," "property damage," or " personal and advertising injury" arising out of the rendering or failure to render any professional services; 2) For " bodily injury" or " property damage" included in the " products-completed operations hazard." But this provision ( 2) does not apply to such "bodily injury" or "property damage" if:
a) It is entirely due to your negligence and specifically results from your work for the additional insured which is the subject to the "written contract"; and b) The "written contract" requires you to make the person or organization an additional insured for such "bodily injury" or "property damage"; or
3) Who is afforded additional insured coverage under another endorsement attached to this policy.

C. ADDITIONAL PROVISIONS PERTINENT TO ADDITIONAL INSURED COVERAGE

1. With respect only to additional insured coverage provided under paragraphs A. and B. above:
a. The BUSINESSOWNERS COMMON POLICY CONDITIONS are amended to add the following to the Condition entitled Other Insurance:

This insurance is excess of all other insurance available to an additional insured whether primary, excess, contingent or on any other basis. However, if a "written contract" requires that this insurance be either primary or primary and noncontributing, then this insurance will be primary and non-contributory relative solely to insurance on which the additional insured is a named insured. b. Under Liability and Medical Expense Definitions, the following definition is added:

Written contract" means a written contract or agreement that requires you to make a person or organization an additional insured on this policy, provided the contract or agreement:
1) Is currently in effect or becomes effective during the term of this policy; and 2) Was executed prior to:
a) The "bodily injury" or "property damage;" or
b) The offense that caused the "personal and advertising injury"; for which the additional insured seeks coverage.

2. With respect to any additional insured added by this endorsement or by any other endorsement attached to this Coverage Part, the section entitled Who Is An Insured is amended to make the following natural persons insureds.

If the additional insured is:
a. An individual, then his or her spouse is an insured; SB146932G ( 10-19) Page 4of7
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SB146932G
Ed. 10-19)
b. A partnership or joint venture, then its partners, members and their spouses are insureds; c. A limited liability company, then its members and managers are insureds; d. An organization other than a partnership, joint venture or limited liability company, then its executive officers, directors and shareholders are insureds; or
e. Any type of entity, then its employees are insureds; but only with respect to locations and operations covered by the additional insured endorsement' s provisions, and only with respect to their respective roles within their organizations. Furthermore, employees of additional insureds are not insureds with respect to liability arising out of:
1)" Bodily injury" or " personal and advertising injury" to any fellow employee or to any natural person listed in paragraphs a. through d. above;
2)" Property damage" to property owned, occupied or used by their employer or by any fellow employee; or 3) Providing or failing to provide professional health care services.

II. LIABILITY EXTENSION COVERAGES
It is understood and agreed that this endorsement amends the Businessowners Liability Coverage Form. Ifany other endorsement attached to this policy amends any provision also amended by this endorsement, then that other endorsement controls with respect to such provision, and the changes made by this endorsement to such provision do not apply.

A. Bodily injury – Expanded Definition
Under Liability and Medical Expenses Definitions, the definition of "Bodily injury" isdeleted and replaced by the following:

Bodily injury" means physical injury, sickness or disease sustained by a person, including death, humiliation, shock, mental anguish or mental injury by that person at any time which results as a consequence of the physical injury, sickness or disease.

B. Broad Knowledge of Occurrence
Under Businessowners Liability Conditions, the Condition entitled Duties In The Event of Occurrence, Offense, Claim or Suit is amended to add the following:

Paragraphs a. and b. above apply to you or to any additional insured only when such " occurrence," offense, claim or "suit" isknown to:
1) You or any additional insured that is an individual; 2) Any partner, if you or an additional insured is a partnership; 3) Any manager, if you or an additional insured is a limited liability company; 4) Any "executive officer" or insurance manager, if you or an additional insured is a corporation; 5) Any trustee, if you or an additional insured is a trust; or 6) Any elected or appointed official, if you or an additional insured is a political subdivision or public entity.

This paragraph applies separately to you and any additional insured.

C. Estates, Legal Representatives and Spouses
The estates, heirs, legal representatives and spouses of any natural person insured shall also be insured under this policy; provided, however, coverage is afforded to such estates, heirs, legal representatives and spouses only for claims arising solely out of their capacity as such and, in the case of a spouse, where such claim seeks damages from marital common property, jointly held property, or property transferred from such natural person insured to such spouse. No coverage is provided for any act, error or omission of an estate, heir, legal representative or spouse outside the scope of such person's capacity as such, provided however that the spouse of a natural person Named Insured and the spouses of members or partners of joint venture or partnership Named Insureds are insureds with respect to such spouses' acts, errors or omissions in the conduct of the Named Insured's business.

Policy Number: B6025253592
SB146932G
Ed. 10-19)
D. Fellow Employee First Aid Coverage
In the section entitled Who Is An Insured, paragraph 2.a.1. is amended to add the following:

The limitations described in subparagraphs 2.a.1.(a),( b) and ( c) do not apply to your " employees" for " bodily injury" that results from providing cardiopulmonary resuscitation or other first aid services to a co-"employee" or volunteer worker" that becomes necessary while your " employee" isperforming duties in the conduct of your business. Your " employees" are hereby insureds for such services. But the insured status conferred by this provision does not apply to "employees" whose duties in your business are to provide professional health care services or health examinations.

E. Legal Liability – Damage To Premises

1. Under B. Exclusions, 1. Applicable to Business Liability Coverage, Exclusion k. Damage To Property, is replaced by the following:
k. Damage To Property
Property damage" to:

1. Property you own, rent or occupy, including any costs or expenses incurred by you, or any other person, organization or entity, for repair, replacement, enhancement, restoration or maintenance of such property for any reason, including prevention of injury to a person or damage to another' s property;

2. Premises you sell, give away or abandon, if the " property damage" arises out of any part of those premises;

3. Property loaned to you;

4. Personal property in the care, custody or control of the insured;

5. That particular part of any real property on which you or any contractors or subcontractors working directly or indirectly in your behalf are performing operations, if the "property damage" arises out of those operations; or

6. That particular part of any property that must be restored, repaired or replaced because " your work" was incorrectly performed on it.

Paragraph 2 of this exclusion does not apply if the premises are " your work" and were never occupied, rented or held for rental by you.

Paragraphs 1, 3, and 4, of this exclusion do not apply to "property damage"( other than damage by fire or explosion) to premises:
1) rented to you:
2) temporarily occupied by you with the permission of the owner, or 3) to the contents of premises rented to you for a period of 7 or fewer consecutive days.

A separate limit of insurance applies to Damage To Premises Rented To You as described in Section D – Liability and Medical Expenses Limits of Insurance.

Paragraphs 3, 4, 5, and 6 of this exclusion do not apply to liability assumed under a sidetrack agreement.

Paragraph 6 of this exclusion does not apply to " property damage" included in the " productscompleted operations hazard."

2. Under B. Exclusions, 1. Applicable to Business Liability Coverage, the following paragraph is added, and replaces the similar paragraph, if any, beneath paragraph ( 14) of the exclusion entitled Personal and Advertising Injury:

Exclusions c, d, e, f, g, h, i, k, l, m, n, and o, do not apply to damage by fire to premises while rented to you or temporarily occupied by you with permission of the owner or to the contents of premises rented to you for a period of 7 or fewer consecutive days. A separate limit of insurance applies to this coverage as described in Section D. Liability And Medical Expenses Limits Of Insurance.

3. The first Paragraph under item 5. Damage To Premises Rented To You Limit of the section entitled Liability And Medical Expenses Limits Of Insurance is replaced by the following:

The most we will pay under Business Liability for damages because of " property damage" to any one premises, while rented to you or temporarily occupied by you with the permission of the owner, including contents of such premises rented to you for a period of 7 or fewer consecutive days, is the Damage to Premises Rented to You Limit. The Damage to Premises Rented to You Limit is the greater of:
a.$ 1,000,000; or
b. The Damage to Premises Rented to You Limit shown in the Declarations.

F. Personal and Advertising Injury – Discrimination or Humiliation

1. Under Liability and Medical Expenses Definitions, the definition of " personal and advertising injury" is amended to add the following:
h. Discrimination or humiliation that results in injury to the feelings or reputation of a natural person, but only if such discrimination or humiliation is:
1) Not done intentionally by or at the direction of:
a) The insured; or
b) Any " executive officer," director, stockholder, partner, member or manager ( if you are a limited liability company) of the insured; and
2) Not directly or indirectly related to the employment, prospective employment, past employment or termination of employment of any person or person by any insured.

2. Under B. Exclusions, 1. Applicable to Business Liability Coverage, the exclusion entitled Personal and Advertising Injury is amended to add the following additional exclusions:
15) Discrimination Relating to Room, Dwelling or Premises Caused by discrimination directly or indirectly related to the sale, rental, lease or sub-lease or prospective sale, rental, lease or sub-lease of any room, dwelling or premises by or at the direction of any insured. 16) Employment Related Discrimination
Discrimination or humiliation directly or indirectly related to the employment, prospective employment, past employment or termination of employment of any person by any insured. 17) Fines or Penalties
Fines or penalties levied or imposed by a governmental entity because of discrimination.

3. This provision ( Personal and Advertising Injury – Discrimination or Humiliation) does not apply if Personal and Advertising Injury Liability is excluded either by the provisions of the Policy or by endorsement.

G. Personal and Advertising Injury - Broadened Eviction Under Liability and Medical Expenses Definitions, the definition of " Personal and advertising injury" is amended to delete Paragraph c. and replace it with the following:
c. The wrongful eviction from, wrongful entry into, or invasion of the right of private occupancy of a room dwelling or premises that a person or organization occupies committed by or on behalf of its owner, landlord or lessor.

H. Waiver of Subrogation – Blanket
We waive any right of recovery we may have against:
a. Any person or organization with whom you have a written contract that requires such a waiver.

All other terms and conditions of the Policy remain unchanged.

Policy Number: B6025253592

Redondo Beach City CouncilOctober 6, 2026

Redondo Beach City Council
October 6, 2026