8 2 Recent Trends intheSolid Waste Industry
The two most significant trends today in the solid waste industry in California are the implementation of SB 1383, and a combination of economic factors that are creating upward pressure onsolid waste collection and recycling operating costs.
2.1 SB 1383-Short-livedOimate Pollutants
In 2016, the State adopted SB 1383, the most significant change to solid waste handling regulations in 30 years. SB 1383 requires cities to implement programs to significantly reduce the amount of organic waste and recoverable edible food sent to landfills. The goals of SB 1383 are to reduce by 75% the amount of organic waste going to landfills by 2025, and reduce by 20% the amount of recoverable edible food that is currently landfilled.
While this new law was adopted in 2016, the final regulations that implemented the law were not finalized until November of 2020, and it did not become effective until January 2022. Although waste and recycling companies will perform many of the tasks of SB 1383, the regulatory requirements of this new law are placed squarely on the backs of local governments. SB 1383 requires local jurisdictions to:
• Amend their municipal codes to enforce the requirement that essentially all waste generators recycle their organics, including dry organics (cardboard, paper, etc.). • Ensure that their waste haulers provide organics collection service. • Estimate the amount of organic waste and recoverable edible food generated within their boundaries and provide that information to their county for facility planning purposes.
• Enhance existing edible food recovery programs to reduce the amount of recoverable edible food sent to landfills.
• Ensure that all newly constructed buildings have readily accessible space for recycling.
• Ensure that all new construction be designed with water efficient landscape. • Develop inspection and compliance review programs to ensure that waste generators fulfill the requirements of SB 1383 and the jurisdiction's municipal code.
283
9 • Conduct periodic education and outreach to all waste generators, and specifically, generators of edible recoverable food.
• Ensure that the City's hauler performs annual route inspections to minimize contamination.
• Procure a minimum quantity of recovered organic waste products. • Prepare and submit annual compliance reportsto CalRecycle.
While SB 1383 is a major driver of the recent increase in solid waste customer rates across the State, there are several other economic factors that are contributing to this trend.
2.2 Factors Creating Upward Pressure on Operating Costs In addition to SB 1383, a significant trend in the solid waste industry today is the conflation of economic factors that are creating upward pressure on waste hauler's operating costs, and thereby, causing increases in customer rates. These economic trends include:
• A shift in tonnage volume per unit from the commercial sector to the residential sector
• Continuing shortage of qualified truck drivers
• Continuing impact of China virtually banning the import of recyclables (China Sword)
• Supply chain constraints
• Steel prices
• Increased fuel costs
• General Inflation
284
Page4 of 15
4 3 Solid Waste MarketinOrange County
Our survey of the solid waste market in South County is comprised of: 1) an overview of hauler market share and major waste facilities, 2) a description of recent events and circumstances, and, 3) a comparison of current rates.
3.1 Hauler Market Share and Major Solid Waste Facilities Chart 1 below shows the current market share of waste haulers in Orange County, as well as major waste facilities. This chart shows that one hauler (Republic) has most of the market in North County, and that two haulers, CR&R and Waste Management (WM), have all the market in South County. Chart 1 also shows that, of the three haulers with the most market share, CR&R's facility of the Ortega Highway (and its planned facility near the Prima Desheca Landfill) are the closest to the City of San Clemente of the three haulers with the most market share.
Chart1- Waste Hauler MarketShare andMajorFacilities (Draft)
ORANGE COUNTY
WASTE HAULERS
INCORPORATED CITIES
REPUBLIC -
CR&RWMEOCOVALLl:Y VISTA
uwsFACILITIES
l CVT MRF(Republlc) 9 CORE Organics Fealrty (WM)
2. l!ai.-W Tr■- (R■pubic) 10.Cll&R South County MRF
3. Olindt Alpht IAnclflll (OCWR) 11.La Pota Avenue -..WMle IOCWRl
4. Madison - twore Di>poM 12.Prime Oescneu Ulndllll(OCWII) 5 F•1nkII._,....,lonclfill(OCWR) 13.CIIIJI AocycJing andTransfw (Pw,ned)
6. S<Jnsel EnYl,_talfWMl 14 SUnton llecydtng 1ndTran•fer (CR&R)
7. Tierra Verde lndustrlff EcoCemre 15. Cll&R RecydeC.ntar
8. - S.""AnaOpe,11.,.,.Ywd
,.... liC,.&;,.pO-Olu<IIIOIAfn ,,.,.,_.,.Ot'fO-..,,,oHJf9fflOp MSW ContuttanuI Ji,,1;?072 I ,.,._-C,Ot"IIWWttS.COm
285
5 Table 1 below lists the operating facilities of the major waste haulers that are able to serve South County along with the distance of each facility from the City of San Clemente. This list shows that CR&R currently has the closest facility to the City (9 miles), and that its planned facility near the Prima Desheca Landfill will result in CR&R's operating facility being only 4 miles away from the City.
Table 1- OperatingFacilities of Major Waste Haulers
Facility Name Hauler Location Distance from
San Clemente
CVTMRF Republic
Services
In Anaheim nearintersection of 57 and91
Freeways 38
CR&R South County
MRF CR&R Ortega Highway off of Gibby Road 9
CR&R Recycling and
Transfer (Planned for
2024)
CR&R LaPata Avenue near the Prima Desheca
Landfill 4
Sunset Environmental WM Near the intersection of Barranca and Jamboree Rd. in Irvine 28
Madison Resource
Recovery
WARE
Disposal
In Santa Ana on Fourth St. between
downtown andthe 1-5 Freeway 30
3.2 Recent Events and Circumstances
Table 2 the following page describes some recent events and circumstances cities in South County related to solid waste franchise agreements. Chart 2 on the following page compares the solid waste contract expiration dates of each of the cities in South County. 286
6 Table 2 - Recent Events and Circumstances in Orange County City Event
Aliso Viejo
CR&R has served the city since 2005. On November 2021 the city negotiated Amended and Restated the Franchise Agreement with CR&R. The current term of the city's agreement is set to end in October 2027.
Dana Point
CR&R had served the city since 1996, when it acquired Solag Disposal. In 2019, the city amended its agreement with CR&R. As a result, the current term of the city's agreement is set to end in June 2024. The city is currently in the process of negotiating amended and extended agreement; likely by 5 years.
Irvine
WM has the exclusive right (and obligation) to serve only the single-family residential sector. Several haulers openly compete for customers in the commercial and multi-family sector. WM has served the residential sector in the city for several decades. The current term of the city's agreement is set to end in August 2026. The city is currently in negotiations with WM.
Laguna Beach
WM has served the city since 1993. The current term of the city's agreement is set to end in June 2023. In May 2021, the city Council decided to begin a competitive procurement process. The city is now developing an RFP.
Laguna Hills
The current term of the city' agreement with CR&R is set to end in June 2024. Lake Forest and Laguna Hills are now collaboratively conducting a single competitive procurement process.
Laguna Niguel
CR&Rhas served the city since 1996, when it acquired Solag Disposal. In 2018, the city negotiated a new agreement with CR&R. As a result, the current term of the city's agreement is set to end in December 2028.
Laguna Woods
In April 2021, with less than two years remaining on its contract, and a potential option to extend its term by 5 years, WM notified the city that it would not object if the city issued an RFP. In July 2021, the Oty issued an RFP, and received two (2) proposals; from WM and CR&R. The city awarded the contract to CR&R in October 2021. The term of the new contract extends to 2032.
Lake Forest
The current term of thecity's agreement with CR&R is set to end in December 2028.
Lake Forest and Laguna Hills are now collaboratively conducting a single competitive procurement process.
Mission Viejo
Mission Viejo's city code requires the city to competitively procure waste collection every 10 years. The city issued an RFP in July 2019. City received proposals from CR&R, Republic Services, and WM. CR&R and WM were shortlisted. In December 2019, city awarded an eight-year agreement to WM. As a result, the current term of the city's agreement is set to end in December 2028.
Rancho Santa
Margarita
CR&R had served the city since 2004, when it was awarded the contract via a competitive procurement. In October 2021, city negotiated a 5-year Amended and Restated the Franchise Agreement with CR&R. As a result, the current term of the city's agreement is set to end in June 2024.
SanJuan
Capistrano
CR&Rhas served the city since 1996, when it acquired Solag Disposal. In May 2019, the city conducted a limited RFI (request for information) process. Three haulers submitted responses: CR&R, Republic, and WM. CR&R was selected. The new agreement has 10-year term with two options to extend the term by 5 years. 287
13 .......................................
. .
Chart 2 - Current South County Solid Waste Contract Expiration Dates '
,,
--
'-1• " · {1, "• •! I, H, , ...I !I• ,, • ., , 'I' I• ,.,. q "• r ,i • .,., •1 •1 I ., ., ,, f , .. , I 11.· I I '1 I \ r, ..........
--
..........
---
3.3 RateComparison
A comparison of customer rates for the most common levels of residential and commercial service are shown below in Chart 3 and Chart 4, respectively. The top portion of each bar in these charts reflects the portion of the rate that is retained by the city or attributable to street sweeping. The bottom portion reflects the portion that is retained by the hauler for solid waste collection service. The amounts shown in Chart 3 and Chart 4 are listed in Table 3 and Table 4 on the following page.
Chart 3 - Monthly Single-family Solid Waste Ratesin South County $2S 00
szo 00
$LS.00
SL0.00
ss.oo
Sl111le-famlly Monthly Rate
Haul..- Portion CityFees
Page ?of 15
_
288
14 Chart 4- Monthly Commercial Solid Waste Rates in South County $180
$160
$140
s120
s100
$80
$60
$40
$20
so
Commerdal Monthly Rate
3-yard BinPkked UpOne■per Week
Lake Forest R""cho Laguna AlisoViejo Lacuna Laguna Mission Dana Point San Juan San Laguna Santa Woods Hills Nlcu■I Viejo C.plmano Clememe Buch
Mars;arlta
■ Hauler Portion City Feu
Table 3 - Monthly Single-family Solid Waste Rates in South County City
Monthly Rate
Customer Rate City Fees Hauler Portion
Laauna Woods S12.73 S0.64 S12.09
Irvine S13.01 S0.65 S12.36
Laguna HIiis S15.55 so.oo $15.55
Dana Point S16.79 S0.84 $15.95
Lake Forest S17.79 S0.89 S16.90
Aliso Viejo S19.48 Sl.39 S18.09
Rancho Santa Ma,aarlt• $21.09 $1.05 $20.04
Mission Viejo $21.78 $1.74 $20.04
Laguna Nlauel S21.69 $1.08 S20.61
SanJuan Capistrano S22.36 $1.12 $21.24
Laauna Beach $22.05 $0.00 S22.05
San Clemente S23.51 $1.18 S22.33
Table 4- Monthly Commercial Solid Waste Rates in South County City
Monthly Rate
Customer Rate City Fees Hauler Portion
Lake Forest $97.70 $4.89 $92.82
Rancho Santa Margarita $101.42 $S.07 S96.35
Laguna Woods $120.39 $6.02 $U4.37
Aliso Viejo S126.81 $9.07 Sll7.74
Laguna Hills S124.10 $0.00 $124.10
Laguna Niguel $145.20 $7.26 $137.94
Mission Viejo $153.34 $12.27 $141.07
Dana Point $155.74 $11.68 $144.06
SanJuan Capistrano $154.53 $7.73 $146.80
SanClemente $165.11 $17.75 $147.36
Laguna Beach $167.86 $16.79 $151.07
289
15 4Sandemente's Agreement withCR&R
4.1 2010 Franchise Agreement
Under the terms of the current franchise agreement, CR&R has the exclusive right and obligation to provide waste and recyclables collection service to all of the City's singlefamily, multi-family, and commercial customers. CR&R's relationship with the City dates back to 1996 when CR&R acquired the City's then long-time hauler, SolagDisposal.
Term of the 2010 Agreement
The City's current Agreement with CR&R was negotiated in 2010. The initial term of the current Agreement was for an eleven and one half (11 ½) year term through June 30, 2022. The Agreement provides that, beginning on July 1, 2020, the term of the Agreement is to be automatically extended each year onJuly1st for an additional year. The term of the Agreement will continue to be extended each year unless either the City or CR&R notifies the other party prior to June 30th of any year of its intent to end the term of the Agreement.
As a result, if neither party notifies the other, the Agreement will continually have a remaining term of between two and three years. As of the date of this letter, the remaining term of the Agreement extends to June 30, 2024. If neither the City or CR&R notifies the other party of its intent to end the term by June 30, 2022, the term of the Agreement will automatically extend for another year to June 30, 2025.
The2016 Amendment
Also in 2016, the City amended its Agreement with CR&R to direct the company to transport organic waste collected in the City to CR&R's anaerobic digestion facility (AD facility) in the City of Perris. Asa result of redirecting itsorganic waste away from landfills and to CR&R's ADfacility, the City's organic waste collection program is in compliance with SB1383.
The 2021Amendment
Although 2016 amendment to the Agreement enabled the City to comply with much of SB 1383, theSB 1383 regulations that were promulgated in November 2020 included some requirements that are not addressed in the City's current Agreement with CR&R. These additional requirements include waste characterizations, route reviews, and edible food recovery programs.
Favorable Diversion Rates Compared to CalRecycle Targets During CR&R's tenure, the City has met its AB 939 waste diversion requirements. AB 939 requires that cities implement waste reduction and recycling programs such that the amount of 290
16 landfilled waste originating in the city does not exceed a certain maximum allowable amount.
The actual and maximum allowable amounts are expressed in the average disposal per person per day.
From 2007 through 2019 (the most recent year that disposal data isavailable), the City's average actual disposal per person per day has been below the maximum allowable amount set by CalRecycle. This is shown below in Chart 5.
Chart 5 - Actual Per capital Disposal Compared to Maximum Allowed Rate Actual PerCapita DisposalRateComparedtoMaximum Allowed
DisposalRate (Pounds per PersonperDay)
8.0 1.0
6.0 s.o
4.0 3.0
2.0 1.0
0.0 2007 2008 2009 2010 2011 20U 2013 2014 2015 2016 2017 2018 2019 Actuel Per C.plte DltpoHIRate Per RHldent -Maximum Allowed Per Resident OlspoHI Rate RecentSeNice Issues
According to City staff, CR&R has a history of providing high quality service. However, in the last two years, the City has received many more complaints about CR&R's service than in previous years. These complaints have been primarily about spillage, missed pickups, and improperly commingling recyclables in the same truck as regular trash (which defeats the purpose recycling). The City is in frequent communication with CR&R about service complaints, and CR&R has represented that it is working to improve service and significantly reduce the number of complaints.
Based on City staff conversations with other cities that have other waste haulers, the increase in complaints do not seem to be unique to the City of San Clemente. City staff expects that CR&R will be able to improve service quality to what it was in the past. 291
Page11 of15
11 5 Basis for Recommendation
To develop our recommendation, we: 1) considered the general pros and cons of sole source negotiation verses a competitive procurement, 2) applied these general pros and cons to the specific circumstances of the City of San Clemente, and, 3) considered the advantages and disadvantagesof providing CR&R with notice to terminate the automatic extension.
5.1 General Pros and Cons of Negotiating vs. Issuing an RFP Table 4 below lists the advantages of negotiating vs. the advantages of soliciting competitive proposals that would generally apply to any jurisdiction.
Table5- Solid Waste Agreement Negotiate vs. Competitive Procurement Advantages of Negotiating with Incumbent Hauler Advantages of Soliciting Competitive Proposals from Several Haulers
• If there is adequate time remaining on the
current contract term, allows the City to
subsequently issue an RFP if the negotiations
are not successful.
• Avoids the risk of problems arising from the
transition to a new service provider (e.g.,
changed pickup days, a new hauler will not be
familiar with the City's unique service
requirements, etc.).
• Avoids the problems that may occur if the City
receives a 'low-ball' bid; avoids the risk of
creating a high-profile and controversial
contractor selection process.
• Allows the City to achieve much of the same
assurances that it has obtained a fair deal by
comparing its rates, services and terms to those
in nearby jurisdictions.
• May require less City Council and staff time.
• Providesmore assurance that City has obtained
the greatest value.
• Provides more assurance to the public that
contractor was selected in a fair manner.
• City benefits from the technical creativity of
several firms in identifying a menu of program
and service options to achieve the waste
diversion requirements.
• Allows the City to choose from several haulers.
• Allows the City to 'mix 'n match' features from
multiple proposals.
• May require more City Council and staff time.
• Provides opportunity for Council members to
learn about solid waste issues.
Bottom line: Bottom line:
More appropriate when City is already meeting its More appropriate when City is not meeting its solid solid waste program objectives: waste program objectives:
• Hauler provides high quality, reliable service; • City is less satisfied with hauler, or and, • Rates are higher than nearby, comparable
• Rates are reasonable; and, jurisdictions; or,
• City meeting diversion mandates; and, • City not meeting diversion goals; or, • Scope of services will not change.
• City intends to make significant changes to the
scope of services.
292
12 5.2 Application of General Prosand Consto the City of San Oemente Reasons to renegotiate with CR&R:
• According to City staff, CR&R has a history of providing high-quality service.
Although CR&R has had some recent services issues, these appear to be related to COVID-19 and other challenging industry trends. Based on staff discussions with other jurisdictions, other solid waste haulers in other cities have experienced similar service issues. CR&R's history of providing high-quality service (and CR&R's professed intention to regain its reputation for delivering high-quality service) helps to justify entering into negotiations with CR&R for a new agreement. • The City does not intend to make significant changes to the scope of services. The 2016 amendment provided for the organics collection services needed to comply with SB 1383, and the 2021 amendment to CR&R's agreement addressed many of the scope requirements of SB 1383. As a result, the City does not need to make any significant changes to the scope of the agreement.
• The City is meeting its diversion mandates. As shown above in Chart 5, the City has been meeting its waste diversion targets. CalRecycle has recently requested the City to prepare a Formal Plan due to low participation rates among its commercial businesses. However, this is primarily due to businesses in the City electing to not recycle.
Reason to conduct a competitive procurement:
• The City's rates are higher than other cities in South County.
5.3 Consideration of Pros and Cons of Giving Notice toEnd Automatic Extension Reasons to not give notice:
• There is some risk to the City of terminating the automatic extension and setting in motion a negotiation/procurement process. If the City and CR&R are not able negotiate an agreement, and the City issues an RFP, the City may undertake curtained risks. Other haulers may perceive that CR&R (as the incumbent and with facilities that are closest to the City) has a competitive advantage. There may be a risk that the City does not receive adequate competitive proposals in response to the RFP. There is a risk that other haulers may not offer competitive rates due to their relatively higher operating costs due to their distance from the City. There is also a risk that the rates bid by CR&R in response to an RFP might be higher than those that the City might otherwise be able to negotiate. 293
13 • If the City does not give notice (and assuming that CR&R does not give notice to the City), the City would be able to enjoy continued uninterrupted service at stable (although relatively higher) rates over time.
Reasons to give notice:
• With a firm contract expiration date, both parties will be more earnest in negotiations. If the City does not give notice, both parties would have less incentive to hurry, and the process may be prolonged.
• Due to its location in the southern-most part of the County, and its relative distance from the operating yards of other competing waste haulers, the City has less negotiating leverage for waste services than other cities to its north. Due to the current negotiations and procurements of these other nearby cities, this negotiating leverage may diminish even more in the next two years as these cities renegotiate or reprocure their waste agreements. The City of San Clemente may have more negotiation leverage with CR&R now than in the next two years. • There is a risk that WM may exit the waste market in Orange County. As shown below in Table 6, twenty years ago, WM was the exclusive provider in eight cities in Orange County. This year (with the transfer of the City of Santa Ana to Republic Services), WM will be the exclusive provider in only three Orange County cities.
Table 6- WM Decrease in Orange County Market Share
OC Contracts Held by OC Contracts Held by
WM in 2002 WM July 2022
Irvine Irvine
La Habra
Laguna Beach Laguna Beach
Lake Forest
Mission Viejo Mission Viejo
Orange
Santa Ana
Tustin
One of these three cities is the difficult-to-serve City of Laguna Beach, which is currently in the RFP process. Another is the City of Lake Forest in which WM has the exclusive obligation to service all residential customers at some of the lowest rates in the County, while it openly competes with other haulers in the more lucrative commercial sector. WM's other city is the City of Mission Viejo, which selected WM in an RFP process in 2019. As a result, WM has far fewer customers 294
Page14of 15
14 over which to spread its fixed costs than it did twenty years ago, and its remaining cities may not provide the company with high profit margins.
If WM were to retain Laguna Beach, and acquire Lake Forest and Laguna Niguel, it would be less likely that it would exit the waste market in Orange County.
However, these outcomes may not be as likely given the lack of competitiveness WM demonstrated in Laguna Woods.
If another waste company were to offer to purchase WM's contracts in Orange County, it may be more economic for WM to sell these contracts than to continue to operate at thin margins. Moreover, due to CR&R's presence in South County, at some purchase price, WM's current contracts in Irvine and Mission Viejo may be more valuable to CR&R than they are to WM. For all these reasons, there is a risk that WM may exit the waste market in Orange County. If this were to happen, the City of San Clemente would have even less negotiating leverage. 295
Page15 of 15
15 Table 8- Reasons to Issue aNotice to Terminate the Automatic Extension Both parties will be more earnest, and an agreement would be negotiated more The City has less negotiating leverage for waste services than other cities to its CR&R has the infrastructure in place (Perris AD facility) to process the City's organics 6 SummaryofRecommendations
The reasons to initially negotiate with CR&R are summarized below in Table 7. The reasons to issue a notice to terminate the automatic extension are summarized below in Table 8.
Table 7- Reasons to Initially Negotiate withCR&R
Key Reasons Why San Clemente Should Initially Conduct Negations with CR&R 296
Attachment 5
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
Attachment 6
368
Attachment 5
369
Attachment 5
370
Attachment 5
371
Attachment 5
372
Attachment 5
373
Attachment 5
374
Attachment 5
375
Attachment 5
376
Attachment 5
377
Attachment 5
378
Attachment 5
379
Attachment 7
380
Attachment 6
381
Attachment 6
382
Attachment 6
383
Attachment 6
384
Attachment 6
385
Attachment 6
386
Attachment 6
387
Attachment 6
388
Attachment 6
389
Attachment 8
390
391
392
Attachment 9
393
394
395
910 Calle Negocio
2nd Floor
San Clemente, California
www.san-clemente.org
AGENDA REPORT
CITY OF SAN CLEMENTE
CITY COUNCIL MEETING
CITY OF SAN CLEMENTE 1
Meeting Date: November 19, 2024 Agenda Item: 8D.
Submitted By: Public Works
Prepared By: Zak Ponsen, Assistant City Engineer
Dave Rebensdorf, Public Works Director/City Engineer
Subject:
..titl e
CONSIDERATION OF A RESOLUTION AMENDING THE EXISTING DEL MAR/DOWNTOWN AREA UNDERGROUND UTILITY DISTRICT 02-01, CANCELING DISTRICT 02-02 AND
FINDING THE PROJECT CATEGORICALLY EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL ..body QUALITY ACT
Fiscal Impact:
None. There is no fiscal impact to modify the underground utility districts. Rule 20A underground utility district construction projects are ultimately paid for by SDG&E and rate payer fees.
Summary:
For the City Council’s consideration is a resolution (Attachment 1) to amend the existing boundaries for the Del Mar/Downtown Area Underground Utility Districts (UDD) 02-01 (Attachment 2) and 02-02 (Attachment 3). The purpose of the proposed modification is due to large increases in construction cost estimates and SDG&E regulations that no longer provide funding for Rule 20A projects. The proposed amendment results in a large reduction to the underground utility districts. The proposed boundary area for UDD 02-01 is to underground the overhead utilities within the public alley that is approximately 150 feet west of El Camino Real from Avenida Cabrillo to Avenida Granada (Attachment 4 and Exhibit A of Resolution No. 24- xxxx).
Due to the large discrepancy in funding for the underground projects, staff is also recommending the cancelation of Del Mar/Downtown Area Phase 2 Underground Utility District 02-02 (UDD 02- 02). This district was proposed to underground the overhead utilities within an interior utility easement in the 100 and 200 block of Avenida Granada.
Since December 31, 2023, SDG&E no longer provides funding allotments to cities to help fund Rule 20A undergrounding projects. Rule 20A provided funding from rate payers to underground electrical lines for projects that provide a benefit to the general public. The City’s current work credit balance for Rule 20A projects is $2,750,543. SDG&E’s latest cost estimate for UDD 02-01 as it stands today is $19,056,727. This latest cost estimate includes a newly required 24% tax related to the California Public Utility Commission (CPUC) required Income Tax Component of Contributions and Advances (ITCCA). As of 2017, the CPUC treats financial construction contributions above the work credit allowance as taxable income and subject to the ITCCA 24% tax.
396
Meeting Date: November 19, 2024 Agenda Item: 8D.
CITY OF SAN CLEMENTE 2
Background:
On May 2, 2017, staff provided the City Council with a very extensive update and summary of the undergrounding of overhead utilities. That report outlined the rules, regulations, projects and funding related to Rule 20 undergrounding. That report is provided as Attachment 5.
On February 20, 2002, the City Council adopted Resolutions No. 02-17 and 02-18 (Attachment 6) to establish the UDD 02-01 and UDD 02-02. These districts include the area generally bounded by El Camino Real, Avenida Del Mar, the Community Center, Avenida Cabrillo, and Avenida Granada.
On July 17, 2012, the City Council approved Resolution No. 12-049 (Attachment 7) that expanded UDD 02-01 to include more of the public alley west of Avenida Granada. This updated resolution also approved the UDD 02-01 to fund the modifications to customers utility services and panels that is often necessary during undergrounding projects. The proposed amended UPP 02-01 cost estimate by SDG&E does include covering the cost of up to 100 feet of customer service laterals, but does not include the cost of any necessary upgrades to private customer utility panels.
As part of the Rule 20 program, the City of San Clemente historically received approximately $250,000 per year that was applied to a work credit for Rule 20A type projects. The most recent Rule 20A project was the undergrounding of overhead utilities in the Los Molinos and Calle Valle area in 2014/15.
As noted in the May 2, 2017 update to City Council (Attachment 5), it was expected that the UDD 02-01 project would takes several years of additional SDG&E allotted funding and borrowing of future allotments to potentially get the project started in 2030 at the earliest.
Recent California Public Utility Commission (CPUC) decisions eliminated any further allotments into city work credits after December 31, 2023. CPUC Rule 20 Decision (D. 23-06-008) has resulted in SDG&E contacting the City requesting that the Del Mar/Downtown Area Phase 1 Underground Utility District 02-01 (UDD 02-01) be reduced in scope or cancelled for future consideration (Attachment 8) by December 1, 2024.
Staff has recently been coordinating with SDG&E to determine a reduced underground area boundary that could be accomplished within the City’s current work credit of $2,750,543. The upper alley that parallels El Camino Real was chosen due to it high pedestrian activity, past City Council actions to try to beatify the alley, and its proximity to public parking areas. Additionally, by undergrounding the overhead utilities in this alley, it would remove the most prominent overhead wires that cross Ave. Del Mar when viewed from El Camino Real and Ave. Del Mar. 397
Meeting Date: November 19, 2024 Agenda Item: 8D.
CITY OF SAN CLEMENTE 3
Council Options:
Adopt Resolution No. 24-168, approving the amendment to UDD 02-01 as shown in Attachment 4 (and Exhibit A of Resolution No. 24-168), removing the UDD 02-01 funding for upgrading private utility panels unless additional savings can be found during final construction, formally cancelling UDD 02-02, and finding the project categorically exempt from CEQA.
Adopt Resolution No. 24-168 with modifications.
398
Meeting Date: November 19, 2024 Agenda Item: 8D.
CITY OF SAN CLEMENTE 4
Continue the item and direct staff to provide additional information. Note- unless an extension past December 1, 2024 from SDG&E is granted, the City risks losing its underground utility districts.
Do not adopt Resolution No. 24-168 and deny the recommended amendments to the underground utility districts.
Environmental Review/Analysis:
Staff recommends that the City Council determine this action to be categorically exempt from CEQA under Class 2 (Replacement or Reconstruction, 14 CCR section 15302(d)) of the State CEQA Guidelines.
Recommended Actions:
Staff Recommendation ..recommendation
Staff recommends that the City Council approve Resolution No. 24-168, which would take the following actions:
1. Find the project categorically exempt from CEQA under Class 2 (Replacement or Reconstruction, 14 CCR Section 15302(d)) of the State CEQA Guidelines;
2. Approve the amendment to reduce UDD 02-01 to the area as shown in Attachment 4;
3. Remove the UDD 02-01 funding for upgrading private utility panels unless additional savings can be found during final construction; and
4. Formally cancel UDD 02-02 for future consideration of undergrounding of overhead utilities in the Avenida Granada utility easement.
..end
Attachment:
1. Resolution No. 24-168
a. Exhibit A to Resolution
2. Existing Del Mar/Downtown Underground District No. 02-01 Boundary Map
3. Existing Del Mar/Downtown Underground District No. 02-02 Boundary Map
4. Proposed Del Mar/Downtown Underground District No. 02-01 Boundary Map
5. Agenda Package for May 2, 2017 Staff Update to Council Regarding Undergrounding Districts
6. 2002 Resolutions for Creation of Del Mar/Downtown Underground Utility Districts 02-01, and 02-02
7. 2012 Resolution to Expand Del Mar/Downtown Underground Utility District 02-01
8. SDG&E letter to the City Requesting Amendments to District 02-01 Notification:
Per Municipal Code Section 13.36.020, all affected property owners within the underground districts were mailed a Notice of Public Hearing, which was also published in the Orange County Register on November 1, 2024.
399
ATTACHMENT 1
4882-9904-3949 v1
RESOLUTION NO. 24-168
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN CLEMENTE, CALIFORNIA, AMENDING THE
EXISTING DEL MAR/DOWNTOWN AREA UNDERGROUND
UTILITY DISTRICT NO. 02-01, CANCELING THE DEL MAR
/DOWNTOWN AREA PHASE 2 UNDERGROUND UTILITY
DISTRICT NO. 02-02, AND FINDING THE PROJECT
CATEGORICALLY EXEMPT FROM THE CALIFORNIA
ENVIRONMENTAL QUALITY ACT UNDER CLASS 2 (14
CCR 15302(D))
WHEREAS, on February 20, 2002, the City Council adopted Resolution No. 02-17 to establish the Del Mar/Downtown Area Phase I Underground Utility District No. 02-01 (UDD 02-01) and Resolution No. 02-18 to establish the Del Mar /Downtown Area Phase 2 Underground Utility District No. 02-02 (UDD 02-02) in accordance Chapter 13.36 of the Municipal Code of the City of San Clemente; and
WHEREAS, on July 17, 2012, the City Council adopted Resolution No. 12-049 to expand UDD 02-01 and to include service connection and panel upgrades cost into the district; and
WHEREAS, since December 31, 2023, SDG&E no longer provides funding allotments to cities to help fund Rule 20A undergrounding projects; and WHEREAS, the City’s current work credit balance for Rule 20A projects is $2,750,543 and SDG&E’s cost estimate for construction of Underground Utility District No. 02-01 is $19,056.727; and
WHEREAS, on April 30, 2024, SDG&E requested that the City amend its Underground Utility Districts and/or cancel them per the time frame of the California Public Utility Commission (CPUC) Decision D. 23-06-008; and
WHEREAS, following notification to all affected property owners as required by law, a public hearing was held by the San Clemente City Council on November 19, 2024 at 6:00 p.m. in the Council Chambers, 910 Calle Negocio, San Clemente, California, to ascertain whether the public health, safety or welfare requires the removal of poles, overhead wires and associated overhead structures and the underground installation of wires and facilities for supplying electric, communication or similar or associated services, within the area shown in the attached Exhibit A; and
WHEREAS, such hearing has been duly and regularly held, and all persons interested have been given an opportunity to be heard; and WHEREAS, Chapter 13.36 of the Municipal Code of the City of San Clemente provides that the supplying utility shall furnish all facilities and equipment as required by applicable rules, regulations and tariffs on file with the CPUC; and 400
Resolution No. 24-168 Page 2
4882-9904-3949 v1
WHEREAS, the approved CPUC Rule 20A tariff for SDG&E allows, upon request by the City of San Clemente, use of the City of San Clemente’s Rule 20A allocations for the cost to: a) install no more than 100 feet of each customer's underground electric service lateral occasioned by the undergrounding; and/or b) convert a customer’s meter panel to accept underground service occasioned by the undergrounding, excluding permit fees; and
WHEREAS, based on the Rule 20A allocation summary provided by SDG&E there are sufficient uncommitted allocations in the City of San Clemente’s Rule 20A work credit balance to provide for up to 100 feet of the expected cost of the customer service laterals, but not the private utility panel upgrades that may necessary.
NOW, THEREFORE, the City Council of the City of San Clemente does hereby find, determine and resolve as follows:
SECTION 1. That the above recitations are true and correct and incorporated fully herein.
SECTION 2. That based on a review of the record as a whole, the project is determined to be categorically exempt from the California Environmental Quality Act (CEQA) under Class 2 (Replacement or Reconstruction, 14 CCR section 15302(d)) of the State CEQA Guidelines because it consists of replacement or reconstruction of existing structures and facilities where the new structure will be located on the same site as the structure replaced and will have substantially the same purpose and capacity as the structure replaced and there is no possibility of a direct or reasonably foreseeable indirect significant effect on the environment. The project involves conversion of overhead electric utility distribution system facilities to underground including connection to existing overhead electric utility distribution lines where the surface is restored to the condition existing prior to the undergrounding.
SECTION 3. The City of San Clemente hereby finds and determines that the public health, safety, and welfare requires the removal of poles, overhead wires, and associated overhead structures and the underground installation of wires and facilities for supplying electric, communication, or similar or associated services, and that pursuant to Chapter
13.36 of the Code of the City of San Clemente, the Del Mar/Downtown Phase 1 Area Underground Utility District 02-01 (UDD 02-01) is hereby amended to the boundary area depicted in the attached Exhibit A, which is incorporated fully herein by this reference.
Exhibit A is generally defined as the public alley approximately 150 feet west of El Camino Real between Avenida Cabrillo and Avenida Granada.
SECTION 4. The City Council does hereby order the removal of all poles, overhead wires, and associated overhead structures and the underground installation of wires and facilities for supplying electric, communication, or similar or associated services within the amended Underground Utility District 02-01 no later than December 31, 2033.
SECTION 5. The City Clerk is hereby instructed to notify all affected utilities and all affected property owners within said Underground Utility District of the adoption of this resolution. The City Clerk shall further notify the affected property owners that if they or 401
Resolution No. 24-168 Page 3
4882-9904-3949 v1
any person occupying such property desires to continue to receive electric, communication, or other similar or associated service, they or any occupant at the property shall, by the date fixed in this resolution, provide all necessary facility changes on their premises so as to receive such service from the lines of the supplying utility or utilities at a new location, subject to applicable rules, regulations, and tariffs of the respective utility or utilities on file with the CPUC as of the date of adoption of this resolution. Such notification shall be made by mailing a copy of this resolution, together with a copy of said Chapter 13.36, to affected property owners as such are shown on the last equalized assessment roll and to the affected utilities.
SECTION 6. The City Council hereby finds that the Underground Utility District 02-01 herein amended is in the general public interest for the following reasons:
1. That undergrounding to be accomplished will avoid or eliminate an unusually heavy concentration of overhead distribution facilities; and
2. That the Underground Utility District is in an area extensively used by the general public and carries a heavy volume of pedestrian or vehicular traffic.
SECTION 7. The City Council desires and formally directs that up to 100 feet of the customer service connections and associated costs related to the Del Mar/Downtown Area Phase I Underground Utility District No. 02-01 be provided by SDG&E using the City of San Clemente’s available Rule 20A allocations.
SECTION 8. The City Council desires and formally directs that the customer service panel upgrades and associated costs related to the Del Mar/Downtown Area Phase I Underground Utility District No. 02-01 be provided by SDG&E using the City of San Clemente’s available Rule 20A allocations only to the extent that cost savings of the project are available during design and construction.
SECTION 9. The City of San Clemente hereby cancels and terminates all aspects of the existing Del Mar/Downtown Phase 2 Underground Utility District No. 02-02.
SECTION 10. That City staff is authorized and directed to execute such documents and take such actions as are necessary and proper to accomplish the purposes of this resolution.
PASSED AND ADOPTED this _____ day of ____________________, 2024.
ATTEST:
___________________________ __________________________
City Clerk of the City of Mayor of the City of San
San Clemente, California Clemente, California
402
Resolution No. 24-168 Page 4
4882-9904-3949 v1
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
CITY OF SAN CLEMENTE )
I, LAURA CAMPAGNOLO, City Clerk of the City of San Clemente, California, do hereby certify that Resolution No. 24-168 was adopted at a regular meeting of the City Council of the City of San Clemente held on the _______ day of _______________________, _________, by the following vote:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Clemente, California, this _____ day of _________________, ________. __________________________
CITY CLERK of the City of
San Clemente, California
Approved as to form:
___________________________
Elizabeth A. Mitchell, City Attorney
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
ATTACHMENT 6
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
April 30, 2024
David Rebensdorf
City of San Clemente | Director of Public Works
100 Avenida Presidio
San Clemente, CA 92672
SUBJECT: California Public Utilities Commission Electric Rule 20A Update and Work Credit Summary
Dear David,
Thank you for your continued partnership with San Diego Gas & Electric (SDG&E) to underground our overhead electric power lines and meet our commitment to provide clean, safe, and reliable energy to our customers. This letter is intended to provide an explanation concerning the recent California Public Utility Commission (CPUC) Rule 20 Decision (D. 23-06-008) and the consequences to the City of San Clemente’s Rule 20A program.
Rule 20A Background and CPUC D. 23-06-008 Summary:
Rule 20A is a subprogram of Rule 20 under which the CPUC permits utilities to allocate ratepayerfunded work credits to cities and unincorporated counties for electric facility undergrounding projects that meet eligibility criteria focused on aesthetic purposes. In 2017, the CPUC opened a Rulemaking, R.17-05-010, to review issues related to the undergrounding of electric distribution lines, and specifically to consider the possibility of modifying the undergrounding programs pursuant to the Electric Tariff Rule 20 which is applicable to the investor-owned utilities in California. The rulemaking was separated into two phases. The Phase 1 Decision (D.21-06-013) was released in June 2021 and the Commission issued the Phase 2 Decision (D.23-06-008) approving a revised Electric Rule 20, on June 8, 2023. The second closed Rulemaking 17-05- 010.
As directed by D.23-06-008 SDG&E submitted modifications to its Electric Rule 20A Tariff in Advice Letter 4253 and in Advice Letter 4254 (approved on September 13, 2023), which was served on all communities with Rule 20A programs.
440
The revised Electric Rule 20A Tariff has been updated to the following:
(a) An Active Rule 20A project shall be defined as a project with a signed resolution that the utility has designated as either “active” or on “hold.” Whereas Resolution E-4971 defines an “inactive” community as a community that has not (i) formally adopted an undergrounding district ordinance which expires at completion of work within the district boundaries, (ii) started or completed construction of an undergrounding conversion project since 2011, or (iii) received Rule 20A allocations from the utility for only 5 years or fewer due to recent incorporation. An “underserved” community is defined as any city, unincorporated county, or tribal jurisdiction that has not completed a Rule 20A project since 2004.
(b) A Rule 20A project that a utility has designated as on “hold” is a project that was initiated but has stopped for an indeterminate amount of time due to the community possessing insufficient work credits to fund the entire project.
(c) Any Rule 20A work credit that has not been allocated to a community with an Active Rule 20A project within two years of the effective date of this decision shall be deemed expired. (d) Communities shall have the option to contribute financially to any Rule 20A project that has insufficient work credits for completion.
(e) Any Rule 20A work credit that has not been deducted from a community’s work credit balance by December 31, 2033, shall be deemed expired.
For any questions, please refer to the documents at
https://www.sdge.com/major-projects/Rule20Undergrounding.
Work Credit Allocations Balance:
Work Credit Balance as of January 1, 2023 $2,750,543
2023 Adjustments to previously reported projects $0
2023 Closed Projects $0
2024 Allocation $0
Work Credit Allocation Balance Total $2,750,543
Underground Utility Districts Status Summary:
San Clemente City Council has established Utility Underground Districts (UUD) as listed. o District 02-01 – Del Mar Phase 1 | including:
o Avenida Cabrillo from El Camino Real to the San Clemente Library; o Avenida Del Mar from El Camino Real to the San Clement Library; and o El Camino Real from Avenida Cabrillo to Avenida Mateo SDG&E completed a preliminary design for District 02-01 to underground electrical facilities along El Camino Real, Avenida Del Mar, and Avenida Cabrillo as outlined above. The current design for Del Mar Phase 1 20A project exceeds the City of San Clemente’s $2.75M work credit allocation balance. Therefore, the City of San Clemente will need to revise the UUD to reduce the boundary to be within the work credit allocation budget and return it to SDG&E for consideration no later 441
than December 1, 2024. This is to allow SDG&E time to review and allocate to the Project within two years of the effective date (by June 2025) as per item (c) listed above. Alternatively, the City of San Clemente may choose to proceed with the 2023 design and provide additional funding sources with the execution of a Mixed-Use Agreement as per item (d) listed above.
It is important to note that effective December 22, 2017, any Contributions in Aid of Construction (CIAC) and any contribution by any governmental entity or civic group shall be treated as taxable income to SDG&E, unless a specific exemption under the law applies. Therefore, if a Mixed-Use Agreement alternative is utilized, the CPUC has authorized SDG&E to collect from the participating community a charge to cover SDG&E’s estimated liability for income taxes related CIAC, also known as the Income Tax Component of Contributions and Advances (ITCCA).
Currently, ITCCA tax is collected at a rate of 24% of the collectible value of the project. Please refer to the attached appendices if the City elects to request a waiver of ITCCA tax as a cost saving measure.
Please refer to the next several pages for an overview of the City’s current 20A project, including the associated boundary map. Please note, SDG&E is providing the following cost estimates for reference purposes only and makes no representations, warranties, or promises regarding the accuracy, timeliness, quality, or completeness of the estimates. Estimates are based on known, current information and existing circumstances. Actual costs may change as the project or circumstances change. If work is billed, such bills will be based on actual costs, not estimates.
SDG&E will not be liable for any damages, causes of action, or losses arising or claimed to arise out of the use of these estimates.
For any outstanding UUD Resolution that is not completed within the Rule 20A work credit allocation budget, SDG&E asks that City staff notify us if said resolution will be cancelled or proceed as a Rule 20B.
Lastly, SDG&E utilizes a vendor to assist with community outreach prior to and during construction. The assigned vendor responsibilities are, but not limited to, prepare a Community Outreach Engagement Plan, prepare fact sheets in English and Spanish, send e-blasts monthly, post on Nextdoor.com at least quarterly, prepare and distribute door hangers, and attend community meetings. If City staff has resources and prefers to manage these items, please notify SDG&E so that our vendor, and the associated costs, will not be assigned to said project.
Del Mar Phase 1 (Current Design)
Municipal Civil Contractor (Trench & Conduit) $ 11,000,000 SDG&E Electrical Contractor (Cable Poles, Cable and Connections, Services, OH Removal) & Community Outreach
$ 8,056,727
TOTAL $ 19,056,7271
1$19 Million estimate assumes the project will provide additional funds since the available Rule 20A Work Credits are insufficient to offset the entire cost of the project. Therefore, ITCCA tax (24%) was applied to the expected collectible value. 442
Underground Utility District 02-01: Del Mar Phase 1
Next Steps:
443
The City will need to provide a finalized, detailed boundary map, and updated resolution to ensure the SDG&E conversion design aligns with City expectations.
Other items to note include,
• The City will need to work with the Communication Infrastructure Providers (CIPs) to secure joint trench agreements and provide copies of the CIP’s designs for SDG&E reference.
• The City will need to provide its streetlighting design, so SDG&E can confirm proper service to these service points.
• The City will need to confirm the Community Outreach Engagement Plan. • Please contact me with any questions.
Sincerely,
Kelli Fitzgerald
Franchise Planning Manager
[email protected]
cc:
Michael McEachern – SDG&E | Design & Proj Mgmt | Project Manager II Erik Weigand – SDG&E | Regional Public Affairs | Regional Public Affairs Manger Engineering Inbox – City of San Clemente
Attachments:
• 2023 Rule 20A Conversion Report - SUMMARY
• ITCCA Letter | Exemption Qualification
• SDG&E ITCCA Exemption Request Form | Master Development Plan • SDG&E ITCCA Exemption Request Form | Section 1033
444
2023 Rule 20A Conversion Report - SUMMARY
City of San Clemente
Work Credit Allocation Balance
Work Credit Balance as of January 1, 2023 $2,750,543
2023 Adjustments to previously reported projects $0
2023 Closed Projects $0
Work Credit Allocation Balance Total $2,750,543
Estimated Allocation Expenditures**
2023 Projects in Construction $0
2023 Closing Projects $0
Estimated Allocation Expenditures** Total $0
Waitlisted Projects (Estimates)
Active Allocated Projects in Design With Resolution ($19,056,727) On Hold Projects With Resolution $0
Waitlisted Projects (Estimates) Total ($19,056,727)
City of San Clemente Total ($16,306,184)
445
2023 Rule 20A Conversion Report - DETAIL
City of San Clemente
Work Credit Expenditures
2023 Adjustments to previously reported projects
None $0
2023 Closed Projects
None $0
Work Credit Expenditures Total $0
Estimated Allocation Expenditures**
2023 Projects in Construction
None $0
2023 Closing Projects
None $0
Estimated Allocation Expenditures** Total $0
Waitlisted Projects (Estimates)
Active Allocated Projects in Design With Resolution
SC AV DEL MAR 20A ($19,056,727)
On Hold Projects With Resolution
None $0
Waitlisted Projects (Estimates) Total ($19,056,727)
City of San Clemente Total ($19,056,727)
** Footer referenced on summary page 446
910 Calle Negocio
2nd Floor
San Clemente, California
www.san-clemente.org
AGENDA REPORT
CITY OF SAN CLEMENTE
CITY COUNCIL MEETING
CITY OF SAN CLEMENTE 1
Meeting Date: November 19, 2024 Agenda Item: 8E.
Submitted By: Finance and Administrative Services
Prepared By: Jacob Rahn, Finance Manager
Matthew Schmelzel, Management Analyst II
Subject:
..titl e
PUBLIC HEARING AND CONSIDERATION OF RESOLUTION NO. 24-169, APPROVING A
REVISED ADMINISTRATIVE FEE FOR VEHICLE REMOVAL, IMPOUND, STORAGE OR RELEASE BY THE ORANGE COUNTY SHERIFF’S DEPARTMENT FOR THE TRAFFIC VIOLATOR APPREHENSION PROGRAM (TVAP)..body
Fiscal Impact:
If adopted as proposed, the updated administrative fee and annual adjustment for the vehicle impound program will help facilitate full cost recovery. The proposed fee updates do not exceed the cost to provide the services.
Summary:
Fees for the Traffic Violator Apprehension Program are periodically reviewed by the Sheriff to achieve program cost recovery. The updated fee requires City adoption by resolution following a noticed public hearing.
Background:
On August 2, 2000, the City of San Clemente adopted Resolution No. 00-54, which authorized participation in the Traffic Violator Apprehension Program and established fees for vehicle removal, impound, storage and release. This program aims to reduce vehicle accidents caused by unlicensed and suspended drivers and to educate the public about the requirements of vehicle safety with regard to driver licensing, vehicle registration, vehicle operation and parking.
Periodically, cost studies are performed by the Sheriff’s department to facilitate recovery of services rendered. On November 17, 2020, new rates were approved by the Board of Supervisors and adopted by the City of San Clemente via Resolution No. 21-11. Based on a new cost study conducted by the Sheriff, program recovery costs have increased to $174 and necessitate adoption of an updated fee in such an amount. Additionally, the Sheriff is requesting the adoption of an annual escalator to take effect July 1st of each year to not exceed the annual percentage of the Los Angeles-Long Beach-Anaheim “all items” Consumer Price Index provided that the amount does not exceed the actual cost of the program as determined by cost studies.
The new rates were adopted by the Orange County Board of Supervisors on June 25, 2024 and are recommended to be implemented by contract cities as noted in the table below.
Service Current Fee Proposed Fee
Vehicle removal, impound storage or release if
vehicles properly impounded
$144 $174
447
Meeting Date: November 19, 2024 Agenda Item: 8E.
CITY OF SAN CLEMENTE 2
If the new fee rates are not adopted, there would be insufficient funds to support service levels required to maintain the TVAP and recovery shortfalls would be passed to the City or lead to a reduction in services. Since these fees are paid directly by persons whose vehicles are impounded and not the public as a whole, it is recommended that the revised fee schedule is adopted.
Council Options:
Adopt Resolution No. 24-169, which would authorize TVAP fees and the annual administrative fee adjustment and repeal Resolution No. 21-11.
Adopt Resolution No. 24-169 with modifications.
Continue the Item and direct staff to provide additional information. Deny the request to Adopt Resolution No. 24-169, which would maintain current TVAP fees.
Environmental Review/Analysis:
This is not a “project” under the California Environmental Quality Act.
Recommended Actions:
Staff Recommendation ..recommendation
1. Open the public hearing, hear all public input and close the public hearing; and
2. Following the public hearing, adopt Resolution No. 24-169, which would approve TVAP fees and the annual administrative fee adjustment and repeal Resolution No. 21-11. ..end
Attachment:
1. Resolution No. 24-169
2. Sheriff Department’s Staff Report for Adoption of New TVAP Fees
3. Resolution No. 21-11
Notification:
Dwight Tipping, Orange County Sheriff’s Department
Publication in the San Clemente Times
448
Attachment 1
RESOLUTION NO. 24-169
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SAN CLEMENTE, CALIFORNIA,
APPROVING A REVISED ADMINISTRATIVE FEE
FOR VEHICLE REMOVAL, IMPOUND, STORAGE OR
RELEASE BY THE ORANGE COUNTY SHERIFF’S
DEPARTMENT FOR THE TRAFFIC VIOLATOR
APPREHENSION PROGRAM (TVAP) IN THE CITY
OF SAN CLEMENTE
WHEREAS, the Orange County Sheriff-Coroner (“the Sheriff”) has instituted a Traffic Violator Apprehension Program designed to reduce vehicle accidents caused by unlicensed drivers and drivers whose licenses are suspended and to educate the public about the requirements of the Vehicle Code and related safety issues with regard to driver licensing, vehicle registration, vehicle operation, and parking; and WHEREAS, the Sheriff operates the Traffic Violator Apprehension Program in the unincorporated areas of Orange County and in cities of Orange County (such as the City of San Clemente) that contract for the Sheriff’s law enforcement services; and WHEREAS, the operation of the Traffic Violator Apprehension Program on an area-wide basis without regard to jurisdictional boundaries between the County and contract cities serves the public purpose of the City because drivers routinely cross jurisdictional boundaries, making an area-wide approach to reduction of traffic accidents and driver education most effective in preventing traffic accidents in all participating jurisdictions; and
WHEREAS, the Sheriff impounds numerous and various vehicles removed from highways, public property, or private property in the unincorporated areas of Orange County in Cities that contract for the Sheriff’s law enforcement services during the normal course of duty; and
WHEREAS, the Sheriff impounds said vehicles pursuant the authority under California Vehicle Code as follows:
Vehicle Code Section and Impound Ground
14602.6 Suspended, revoked or unlicensed driver/30-day hold 22651 (a) Unattended vehicle on bridge
22651 (d) Vehicle blocking driveway
22651 (e) Vehicle blocking fire hydrant
22651 (f) Vehicle blocking freeway
22651 (h) (1) Driver arrested
22651 (h) (2) Order of suspension or revocation pursuant to section 13388 449
Resolution No. 24-169 Page 2
4890-6719-9214 v2
22651 (i) (1) Multiple parking citations
22651 (j) Lack of vehicle registration
22651 (k) Parking over seventy-two hours
22651 (l) Parking in a construction zone
22651 (m) Violation of special events restriction
22651 (n) No parking zone
22651 (o) (1) Vehicle registration is incorrect, falsified or expired by more than six months
22651 (p) Driver unlicensed or license suspended
22651 (r) Vehicle blocking another vehicle
22651 (t) Notice to appear/illegal amber lights
22651 (u) Acting as a car dealer without a license or temporary permit 22651 (v) Illegally letting stand a mobile billboard advertisement 22651 (w) Second or subsequent violation of an ordinance 22655.3 Removal for investigation (fleeing in violation of section 2800.1 or 2800.2)
22655.5 (a) Vehicle was used as the means of committing a public offense 22655.5 (b) Vehicle is evidence of crime
22669 Abandoned vehicle
WHEREAS, Vehicle Code Section 22850.5 authorizes the Orange County Board of Supervisors, by resolution, to establish a fee equal to the administrative costs relating to the removal, impound storage or release of properly impounded vehicles; and WHEREAS, the Orange County Board of Supervisors adopted a fee pursuant to Vehicle Code section 22850.5 on November 17, 2020, through the adoption of Resolution No. 20-161, which established a fee in the amount of $144 when a vehicle of a license and unlicensed driver is removed and/or impounded; and
WHEREAS, on May 4, 2021, the San Clemente City Council adopted Resolution No. 21-11, which authorized the Sheriff to collect fees in the City in connection with the Traffic Violator Apprehension Program in amounts identical to the County’s fees as set forth in County Resolution No. 20-161; and
450
Resolution No. 24-169 Page 3
4890-6719-9214 v2
WHEREAS, in 2024, a cost study conducted by the Sheriff showed that the administrative cost relating to the removal, impound storage or release of vehicles impounded pursuant to the Vehicle Code has increased to $174.00 per removal; and WHEREAS, based upon the cost study, the Orange County Board of Supervisors adopted a fee pursuant to Vehicle Code section 22850.5 on June 25, 2024, through the adoption of Resolution No. 24-085, which established a fee in the amount of $174 when a vehicle of a license and unlicensed driver is removed and/or impounded; and WHEREAS, the Sheriff is requesting adoption by city councils of each of the contract cities (such as the City of San Clemente) with the Sheriff for law enforcement services of fee identical to those described herein; and WHEREAS, Sheriff requests authorization of an annual administrative fee adjustment for removal, impound, storage or release of vehicles, effective July 1st of year, starting 2025, not to exceed the annual percentage of the Los Angeles-Long BeachAnaheim “all items” Consumer Price Index, provided that the amount does not exceed the actual costs to the Sheriff as determined by additional cost studies prepared for the fee adjustment will ensure the Sheriff’s cost recovery. This will allow the Sheriff to have cost recovery for the removal, impound, storage or release of vehicles; and WHEREAS, persons whose vehicles are impounded, rather than the public as a whole, should bear the administrated costs of processing such impound; and WHEREAS, Vehicle Code Section 22850.5 imposed the following restrictions on the imposition of this administrative fee:
a) The fee may only be imposed on the registered owner or the agents of that owner and may not include any vehicle towed under an abatement program or sold at a lien sale pursuant to Sections 3068.1 to 3074, inclusive, of the Civil Code and Section 22851 of the Vehicle Code unless the sale is sufficient in amount to pay the lienholder’s total charges and proper administrative costs; and
b) Any charges shall be collected by the local or state authority only from the registered owner or an agent of the registered owner; and c) The charges shall be in addition to any other charges authorized or imposed pursuant to this code; and
d) The fee does not include any administrative costs associated with conducting a hearing or appeal relating to the removal, impound, storage, or release of a vehicle; and
WHEREAS, it is unfair to impose the administrative fee authorized by Vehicle Code section 22850.5 in the following circumstances: 1) when the vehicle was left because it became inoperable while being driven, if the owner makes good faith attempts promptly to remove the vehicle from location where it is not permitted, 2) when the vehicle was stolen, 3) when the vehicle was left by an ill or injured driver, and 4) when it is demonstrated to the satisfaction of the Sheriff or his/her designee that neither the 451
Resolution No. 24-169 Page 4
4890-6719-9214 v2
registered owner of the vehicle nor his/her agent, if any, was at fault in creating the circumstances leading to the impounding of the vehicle; and WHEREAS, the City Council desires to update the Traffic Violator Apprehension Program fee to match the County and further desires for the Sheriff to continue to collect the fee on behalf of the City. Continuing with such a practice will ensure that persons whose vehicles are impounded, rather than the public as a whole, will bear the administrative costs of such impounds; and
WHEREAS, a notice of public hearing with respect to the proposed new Traffic Violator Apprehension Program fee provided herein was given according to law; and WHEREAS, a duly notice public hearing pertaining to the new Traffic Violator Apprehension Program fee was held on November 19, 2024.
NOW, THEREFORE, the City Council of the City of San Clemente does, hereby find, determine and resolve as follows:
SECTION 1. That the above recitations are true and correct and incorporated fully herein.
SECTION 2. That on November 19, 2024, the administrative fee indicated below shall become effective for the removal, impound, storage, or release of vehicles properly impounded after removal from locations in the City in accordance with or on account of provisions of the Vehicle Code listed below:
A fee of $174.00 for each removal of a vehicle in accordance with or on account of violation of Vehicle Code sections:
14602.6 Suspended, revoked or unlicensed driver/30-day hold 22651 (a) Unattended vehicle on bridge
22651 (d) Vehicle blocking driveway
22651 (e) Vehicle blocking fire hydrant
22651 (f) Vehicle blocking freeway
22651 (h) (1) Driver arrested
22651 (h) (2) Order of suspension or revocation pursuant to section 13388 22651 (i) (1) Multiple parking citations
22651 (j) Lack of vehicle registration
22651 (k) Parking over seventy-two hours
22651 (l) Parking in a construction zone
452
Resolution No. 24-169 Page 5
4890-6719-9214 v2
22651 (m) Violation of special events restriction
22651 (n) No parking zone
22651 (o) (1) Vehicle registration is incorrect, falsified or expired by more than six months
22651 (p) Driver unlicensed or license suspended
22651 (r) Vehicle blocking another vehicle
22651 (t) Notice to appear/illegal amber lights
22651 (u) Acting as a car dealer without a license or temporary permit 22651 (v) Illegally letting stand a mobile billboard advertisement 22651 (w) Second or subsequent violation of an ordinance 22655.3 Removal for investigation (fleeing in violation of section 2800.1 or 2800.2)
22655.5 (a) Vehicle was used as the means of committing a public offense 22655.5 (b) Vehicle is evidence of crime
22669 Abandoned vehicle
SECTION 3. The Sheriff is authorized to collect the fee established herein, on behalf of the City, at the time of release of vehicles that are subject to the fee.
SECTION 4. The fee established herein shall only be imposed on the registered owner or the agent of the owner of the impounded vehicle, shall not include any vehicle towed under an abatement program or sold at a lien sale pursuant to Sections 3068.1 to 3074, inclusive, of the Civil Code and Section 22851 of the Vehicle Code, unless the sale is sufficient in amount to pay the lienholder’s total charges and proper administrative costs.
SECTION 5. The fee established herein shall be collected only from the registered owner or an agent of the registered owner and that said fee is in addition to any other charges authorized or imposed pursuant to the Vehicle Code.
SECTION 6. The fee established herein complies with Vehicle Code Section 22850.5 (b)(4) as the cost study conducted by the Sheriff that supports the $174.00 per removal fee did not include administrative costs for conducting a hearing or appeal related to the removal, impound, storage, or release of a vehicle.
SECTION 7. The Sheriff shall not impose the fee established herein in any of the following circumstances: (a) when the vehicle was left because it became inoperable while being driven, if the owner made good faith attempts promptly to remove the vehicle 453
Resolution No. 24-169 Page 6
4890-6719-9214 v2
from a location where it was not permitted: (b) when the vehicle was stolen; (c) when the vehicle was left by an ill or injured driver; or (d) when it is demonstrated to the satisfaction of the Sheriff or his/her designee that neither the registered owner of the vehicle nor his/her agent, if any, was at fault in creating the circumstances leading to the impounding of the vehicle.
SECTION 8. A registered owner or an agent of a registered owner who believes he/she/they are exempt from the fee established herein under any of the criteria listed in Section 7 above may apply in writing for a waiver of the fee and shall present such supporting information or documentation, as the Sheriff may request, to the City’s Administrative Sergeant. Upon the presentation of a written application for waiver of said fee, together with such supporting documentation as may be requested by the Sheriff, the Administrative Sergeant or his/her designee shall determine promptly whether the applicant meets the criteria for a waiver of the fee and if so, shall waive the fee.
SECTION 9. Until further order of the City Council, the Sheriff is directed to deposit the proceeds of the fee established herein into Traffic Violator Fund in the County Treasury. Proceeds from the Traffic Violator Fund shall be used in conformance with the County’s restrictions for the same as well as in conformance with any applicable provisions set forth in the City’s agreement with the County for the Sheriff’s law enforcement services.
SECTION 10. That expenditures from the Traffic Violator Fund only include personnel costs who perform duties associated with the removal, storage, impound and release of vehicles.
SECTION 11. That until further order of the City Council, the Board of Supervisors is authorized to carry forward in the Traffic Violator Fund and accumulate any balance of proceeds of fees imposed by this Resolution that remains at the end of a fiscal year, as long as such fee proceeds will be used for the purposes provided herein.
SECTION 12. That the Sheriff is authorized to make an annual fee change effective July 1st of each year, starting in July 2025, that adjusts the fee set forth in this Resolution, by an amount not to exceed the annual percentage on the Los Angeles-Long Beach-Anaheim “all items” Consumer Price Index, provided that the amount does not exceed the Sheriff’s cost as determined by additional cost studies prepared for the fee adjustment.
SECTION 13. That the annual fee change by the Sheriff will, without further action, be incorporated and adopted automatically by the City of San Clemente July 1 of each year or other effective date established and adopted by the Orange County Board of Supervisor and authorized by the Sheriff in the amounts so approved and adopted.
SECTION 14. That Resolution 21-11 and any other resolution in conflict herewith are hereby repealed and of no further force or effect. This Resolution supersedes Resolution No. 21-11.
SECTION 15. The City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions. 454
Resolution No. 24-169 Page 7
4890-6719-9214 v2
PASSED AND ADOPTED this _____ day of November, 2024.
ATTEST:
___________________________ __________________________
City Clerk of the City of Mayor of the City of San
San Clemente, California Clemente, California
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
CITY OF SAN CLEMENTE )
I, LAURA CAMPAGNOLO, City Clerk of the City of San Clemente, California, do hereby certify that Resolution No. 24-169 was adopted at a regular meeting of the City Council of the City of San Clemente held on the _______ day of November 2024, by the following vote:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Clemente, California, this _____ day of _________________, ________. __________________________
CITY CLERK of the City of
San Clemente, California
Approved as to form:
___________________________
Elizabeth A. Mitchell, City Attorney
455
Attachment 2
456
457
458
459
460
461
462
463
464
465
466
Attachment 3
467
468
469
470
471
472
473
910 Calle Negocio
2nd Floor
San Clemente, California
www.san-clemente.org
AGENDA REPORT
CITY OF SAN CLEMENTE
CITY COUNCIL MEETING
CITY OF SAN CLEMENTE 1
Meeting Date: November 19, 2024 Agenda Item: 8F.
Submitted By: Community Development
Prepared By: Adam Atamian, Community Development Director Subject:
..titl e
PUBLIC HEARING REGARDING THE FAILURE OF BROADMOOR SAN CLEMENTE
COMMUNITY ASSOCIATION TO ENFORCE CERTAIN COVENANTS, CONDITIONS AND RESTRICTIONS (CC&Rs)
..body
Fiscal Impact:
Should the City Council resolve to assume the enforcement of the Broadmoor San Clemente Community Association’s covenants, conditions, and restrictions (“CC&Rs”), City staff would anticipate significant out-of-pocket expenses for legal services estimated at between $200,000 and $250,000. The CC&Rs also provide that the prevailing party, whether the City or the defendants, is entitled to their attorney’s fees, so these out-of-pocket costs for legal services may be reimbursed if the City prevails. However, if the City does not prevail in litigation, the total cost for legal services could exceed $500,000, especially if appeals are filed in the matter. There may be other costs associated with City staff time, but those costs are dependent on the degree of staff assistance in addressing the CC&R violations and cannot be calculated at this time. Staff’s recommendation to assign enforcement rights to the neighboring property owners would not incur such costs, and are anticipated to be approximately $2,000 for legal services in connection with effectuating the assignment.
Summary:
There are tree height limitations contained within the Broadmoor San Clemente Community Association’s (“Broadmoor Association”) CC&Rs that the Broadmoor Association has failed to enforce. These height limitations contained in the Broadmoor Association’s CC&Rs were required to be included pursuant to the City’s approval of the Broadmoor development, at the request of the property owners who lived adjacent to that development at the time that it was proposed, including owners of the lots on Calle Felicidad. Current property owners on Calle Felicidad, upslope from the Broadmoor Association, and not within it, have complained, and pursued civil litigation, to require the enforcement of the Broadmoor Association’s CC&Rs related to tree heights. At this time, the Calle Felicidad homeowners are requesting City assistance in requiring enforcement of the CC&Rs to preserve their private views.
Background:
The Broadmoor Association consists of multiple tracts developed around 1976 on the slope above San Clemente High School. During the public hearings related to these tract map approvals, neighboring homeowners above the Broadmoor development expressed concern about the potential loss or obstruction of their ocean views. Residents upslope, including those on Calle Felicidad (part of a development that was approved in 1966), requested that measures be put in place to protect their views if they were to support the development below their homes. The 474
Meeting Date: November 19, 2024 Agenda Item: 8F.
CITY OF SAN CLEMENTE 2
City’s municipal code does not protect private views; however, views can be considered during reviews of discretionary permits, such as tract maps. Tract 8963 was approved without any explicit conditions related to views, but the final Broadmoor development’s CC&Rs do limit tree heights, among other development standards.
Negotiations During Tract Map Review:
Residents on Calle Felicidad, and other upslope property owners, invested in efforts to protect their views since the beginning of Broadmoor’s development. Development efforts for Tract 8963 stalled in 1973. Per the City Engineer at that time, the Environmental Impact Report revealed Calle Delicada was not wide enough to meet City standards. Calle Felicidad property owners, through meetings with the Developer of the Broadmoor tracts, were able to facilitate approval of the Broadmoor development by supporting two modifications to the development proposal (discussed in further detail in the following paragraph) enabling Tract 8963 to meet the City’s development standards. In exchange, language in the developer’s approval documents would provide upslope property owners, including Calle Felicidad, with view protection.
Per declarations submitted by four involved parties in those negotiations (Attachment 4), a meeting occurred in November of 1973 to discuss compromises that would create adequate building-pad sizes for the Calle Delicada lots and satisfy residents upslope. These upslope homeowners allowed Broadmoor’s developer to recontour and steepen their downhill slope to make room for the Broadmoor development. They also supported a variance request to have sidewalks on only one side of Calle Delicada.
475
Meeting Date: November 19, 2024 Agenda Item: 8F.
CITY OF SAN CLEMENTE 3
In exchange for supporting the Broadmoor developer in their efforts to construct Tract 8963, residents on Calle Felicidad requested that the Broadmoor CC&Rs include height restrictions in return. The Broadmoor developer agreed to add a height limit to houses, landscaping, and structures in the Broadmoor Association. The City’s approval of the development also required these CC&Rs with provisions for height restrictions as a condition of approval for Tract 8963. The supplemental declaration to the Broadmoor Association’s CC&Rs, recorded in 1976, states as follows:
Lots 1 through 19, inclusive, of Tract 8963… No building, structure, improvement or addition (excluding chimneys and roof vents) shall be constructed, erected, altered placed or permitted to remain on any portion of the property which exceeds one story in height with a maximum of 17 feet. No tree, bush, or shrub shall be placed or maintained upon (i) any Lot described in Exhibit “A”, attached hereto and incorporated herein by reference, which exceeds 17 feet in height or (ii) upon any other Lot in the Property which exceeds 20 feet in height.
Litigation and Interpretation:
There is an ongoing dispute between residents on Calle Felicidad and Calle Delicada regarding enforcement of the height restrictions outlined in the section above. In 2018, legal representatives for residents on Calle Felicidad requested that the City enforce height restrictions in the Broadmoor Association, citing the City’s right to enforcement under the CC&Rs (Attachment 5).
The City Attorney advised that the City lacked the resources to use this enforcement authority in any but the most egregious cases, and agreed to provide declarations or documents in a civil matter and facilitate entry into the right of way to abate the non-compliance (Attachment 6).
A resident on Calle Felicidad engaged in civil litigation the next year, 2019. However, in 2024, the court ruled in favor of the defendants, citing that, while the City and Broadmoor Association have the authority to enforce height restrictions in the Broadmoor Association, the plaintiff (Calle Felicidad homeowner) does not. See Attachment 9 for a copy of the court’s decision. During this time frame, the plaintiff’s legal representation further requested that the City exercise its enforcement authority (Attachment 7). City Council declined to do so on June 21, 2021, and the City Attorney sent a letter to the plaintiff’s attorney reiterating this position (Attachment 8).
Current Status of Issue:
Today, at least 9 of the 19 lots in Tract 8963 have trees that are not compliant with the height restrictions in the CC&Rs, as well as many other trees on other streets in the Broadmoor Association. Some examples of the non-compliant trees are presented in Attachment 11.
Residents of Calle Felicidad have asked the Broadmoor Association to enforce the height restrictions on these lots, and to-date have not been successful in those attempts. 476
Meeting Date: November 19, 2024 Agenda Item: 8F.
CITY OF SAN CLEMENTE 4
With the court’s ruling limiting their options, the Calle Felicidad homeowners have continued to request the City exercise its enforcement authority. The City sent a letter to the Broadmoor Association on June 26, 2024, demanding abatement of the over-height vegetation in their association within thirty (30) days and providing notice and an opportunity to cure its noncompliance and failure to perform its obligations under its CC&Rs (Attachment 10). The actions requested of the Broadmoor Association have not occurred and ample time has been provided to the Broadmoor Association to address this matter.
The City’s enforcement authority is identified within Article 12 of the CC&Rs, “Powers of the City of San Clemente”, which provides:
If the City Council of the City of San Clemente (“City”) reasonably determines at a public hearing held after not less than then (10) days prior written notice to the Association that the Association has failed to perform any of its duties under the Declaration, the City shall have the right, but not the obligation, to thereafter assume the performance of any such duty until such time as the Association demonstrates its ability to reassume such performance; provided, however, that the City shall not exercise any of the rights granted under this Article XII unless, after giving to the Association written notice of its determination that the Association has failed to perform its duties under the Declaration, the Association does not cure such failure within thirty (30) days from the date of receipt by the Association of said notice. In connection with any such performance by the City, it may exercise any of the rights and powers granted to the Association under this Declaration.
The reasonable costs (“Costs”) of any such performance by the City shall be borne by the Association provided however that in the event such Costs are not paid to the City by the Association within sixty 60 days after the City has furnished to the Association a statement therefor, the City shall have the right but not the duty, to levy and collect uniform assessment against each Lot within Broadmoor San Clemente to cover the Costs. Any such assessment shall be governed by the provisions of Articles IV and V of the Declaration.
On November 8, 2024, the City sent via certified and regular mail, and email, a notice of this hearing to the Broadmoor San Clemente Community Association pursuant to Article 12 (Attachment 12).
Conclusion
There is substantial evidence that the Broadmoor Association and homeowners on Calle Delicada are responsible for maintaining their landscaping at, or below, the height limits contained within the Broadmoor Association’s CC&Rs. Both the Broadmoor Association and the City have enforcement authority to ensure height limitations per Broadmoor CC&Rs are 477
Meeting Date: November 19, 2024 Agenda Item: 8F.
CITY OF SAN CLEMENTE 5
maintained in compliance. For the City to exercise its powers under the CC&Rs, the City Council would need to conduct the public hearing and determine that the Broadmoor Association has failed to enforce its CC&Rs and failed to cure such non-performance. Upon such determination, the City Council has multiple options, listed below, to consider. Staff’s recommendation is based on the City’s past practice of not enforcing private CC&Rs and of the significant expense anticipated to address landscaping blocking private views.
Council Options:
After conducting the public hearing,
The City Council could determine that the Broadmoor Community Association has failed to enforce its CC&Rs and has failed to cure its nonperformance and adopt the proposed resolution to assume and assign its enforcement authority to another party, such as homeowners on Calle Felicidad, effectively allowing that party or parties to act on behalf of the City to enforce the CC&Rs; or
The City Council could decide to not intervene in this matter, whether or not it declares the Broadmoor Association has failed to enforce its CC&Rs and failed to cure; or The City Council could determine that the Broadmoor Community Association has failed to enforce its CC&Rs and has failed to cure its nonperformance and that the City is assuming the performance of such duties under the CC&Rs, and request staff to return to a future City Council meeting with a resolution declaring such if the Broadmoor Association does not cure the violations in the interim.
Environmental Review/Analysis:
Environmental review was conducted during the original discretionary review of the tract map applications. No changes to the original approvals are proposed, only the maintenance of those approvals, so this action does not constitute a project under CEQA. In the alternative, the City Council could find this project exempt from the requirements of CEQA pursuant to CEQA Guidelines Section 15321 (Class 21: Enforcement Actions).
Recommended Actions:
Staff Recommendation ..recommendation
Staff recommends that the City Council open the public hearing, receive public testimony and comment, close the public hearing and determine that the Broadmoor Community Association has failed to enforce its CC&Rs and has failed to cure such non-performance and adopt Resolution No. 24-173, assuming and assigning its enforcement authority to the Calle Felicidad property owners.
..end
Attachments:
1. Resolution 24-173
2. Broadmoor Community Association’s CC&Rs
3. Broadmoor Community Association’s Supplemental CC&Rs for Tract 8963 of Broadmoor
4. Declarations of Laurence Lizotte, Sally Sargent, Jay Rice, and Susan Rice
5. Letter from Michael Tidus, Esq. to City dated July 16, 2018
6. Letter from City Attorney to Michael Tidus, Esq. dated November 5, 2018 478
Meeting Date: November 19, 2024 Agenda Item: 8F.
CITY OF SAN CLEMENTE 6
7. Letter from Michael Tidus, Esq. to City dated May 17, 2021
8. Letter from City Attorney to Michael Tidus, Esq. dated June 30, 2021
9. Superior Court Statement of Decision (2/9/2024)
10.City Code Enforcement Demand Letter (6/26/2024)
11.Examples of Non-Compliant Trees
12.November 8, 2024 email and Notice of Public hearing to Broadmoor Community Association Notification:
Broadmoor San Clemente Community Association
479
Attachment 1
RESOLUTION NO. 24-173
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN CLEMENTE, CALIFORNIA, DETERMINING THAT THE
BROADMOOR SAN CLEMENTE COMMUNITY
ASSOCIATION HAS FAILED IN ITS ENFORCEMENT
DUTIES UNDER THE ASSOCIATION’S COVENANTS,
CONDITIONS, AND RESTRICTIONS AND FAILED TO CURE
SUCH FAILURE, AND ASSUMING AND ASSIGNING THE
CITY’S ENFORCEMENT AUTHORITY OF THE HEIGHT
LIMITS FOR TREES ON PROPERTIES LOCATED BETWEEN
201 AND 327 CALLE DELICADA, SAN CLEMENTE, CA 92672
TO THE OWNERS OF PROPERTIES LOCATED BETWEEN
201 AND 337 CALLE FELICIDAD, SAN CLEMENTE, CA
92672
WHEREAS, Broadmoor San Clemente Community Association consists of multiple tracts developed around 1976; and
WHEREAS, during the public hearings related to the Broadmoor San Clemente Community Association development’s tract map approvals, adjacent existing homeowners above the development expressed concern about the potential loss or obstruction of their ocean views; and
WHEREAS, these adjacent property owners, including those on Calle Felicidad (part of a development that was approved in 1966), requested that measures be put in place to protect their views if they were to support the development below their homes; and
WHEREAS, the City’s municipal code does not protect private views; however, views can be considered during reviews of discretionary permits such as tract maps; and WHEREAS, Tract 8963 was approved with a condition requiring height limitations be incorporated into the final development’s covenants, conditions, and restrictions (CC&Rs), which, as recorded in 1974 along with a Supplemental Declaration in 1976 (“Supplemental CC&Rs”), do limit the height of development and landscaping; and WHEREAS, multiple lots in Tract 8963 have trees that are not compliant with the height restrictions in Broadmoor CC&R’s; and
WHEREAS, the City issued a demand letter on June 26, 2024 identifying the noncompliance with the Broadmoor San Clemente Community Association’s CC&Rs and demanding the abatement of these violations through performance of its duties as indicated within its CC&Rs, which provided the Broadmoor San Clemente Community Association with at least thirty (30) days notice to cure its failure to enforce its CC&Rs; and WHEREAS, the City’s enforcement ability is identified within Article 12 of the CC&Rs, “Powers of the City of San Clemente,” which requires that the City Council conduct a public 480
Resolution No. 24-173 Page 2
hearing to determine whether the Broadmoor San Clemente Community Association has failed to enforce any provisions of its CC&Rs, prior to the assumption of any such enforcement duties and to provide at least ten (10) days’ prior written notice of such hearing; and
WHEREAS, on November 8, 2024, the City duly gave notice to the Broadmoor San Clemente Community Association of such a hearing; and
WHEREAS, on November 19, 2024, the City Council held a public hearing regarding the Broadmoor San Clemente Community Association’s failure to perform its duties under the CC&Rs and heard and considered the staff report and all written and verbal comments from the public received before or presented at such hearing.
NOW, THEREFORE, the City Council of the City of San Clemente does hereby find, determine and resolve as follows:
Section 1. That the above recitations are true and correct and incorporated herein.
Section 2. That the City Council finds and determines that the Broadmoor San Clemente Community Association has failed in its enforcement duties under the Association’s CC&Rs with respect to height limits for trees and bushes and failed to cure such failure for more than thirty (days) following receipt of notice of the same.
Section 3. That, pursuant to Article XII of the Broadmoor San Clemente Community Association’s CC&Rs, the City Council hereby assumes the performance of the duties that the Broadmoor San Clemente Community Association has failed to perform regarding enforcing the height limits specified for trees and bushes applicable to private properties located between 201 and 327 Calle Delicada, San Clemente, CA 92672 (specifically, Section 3 of the Supplemental CC&Rs) and assigns the same and all rights of the City under the Broadmoor San Clemente Community Association’s CC&Rs in connection therewith to the owners of properties located between 201 and 337 Calle Felicidad, San Clemente, CA 92672.
Section 4. That staff is authorized and directed to negotiate and execute such documents, in a form acceptable to the City Attorney, and take such actions as may be necessary and proper to effectuate the assignment set forth in Section 3.
Section 5. That the City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions.
PASSED AND ADOPTED this _____ day of ____________________, _______.
ATTEST:
___________________________ __________________________
City Clerk of the City of Mayor of the City of San
San Clemente, California Clemente, California
481
Resolution No. 24-173 Page 3
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
CITY OF SAN CLEMENTE )
I, LAURA CAMPAGNOLO, City Clerk of the City of San Clemente, California, do hereby certify that Resolution No. 24-173 was adopted at a regular meeting of the City Council of the City of San Clemente held on the _______ day of _______________________, _________, by the following vote:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Clemente, California, this _____ day of _________________, ________. __________________________
CITY CLERK of the City of
San Clemente, California
Approved as to form:
______________________________
Elizabeth A. Mitchell, City Attorney
482
XH224pC 587
7B3 Irr BY
-- RtcoDDNnFFlcmL8Ecouos
COhD Of DRAUGC couNry C/LJFOFINU\ Nd 1lESTED 13
AND 1iEU 3ECORDED MAIL TO PM AtJ 191974
CO -O iOmeI Inc W1IE CA8LYLE Csrnty Rgr 17003 Boulevard ustn California 92780
Attention Llr Larry Dizaotte
Apova space for Rocorciers use only
DDCLARATION OF
COVENANTS CONDITIONS AND RCSTRIcTIOJg
TEIS DECLARATIO17 made this day of 1974 by HHOADMOOR HOMES INC California corporatio 9ve1oper I1IEREAS Davoloocr is the owner of certain real prao arty located the City of San Clamete County of Orange State of California more Particularly descrihd as follows Lots 34 through 73 of Tract 8597 as shown on map recorded in Book 34 Pages through inclusiv of Miscellaneous Naps Records of Oiange County California the Property WHEVEAS Developer desires to create on the Property and such additions thereto as may be made pursuant to Article II hereof Additions residential comnunity with sloce area maintenance for the benefit of the coronuniLy and WHEREAS Developer has deemed it desirable to impose genersi plan for the imorovament and lava at at the IOL tv and Ajditions and to adopt and estani avenants ondithns and restrictions upon the Promrty and Additions Lo Iupoaa of enforcing and protecting the value desir nd attractiveness thereof and WHEREAS Developer has deemed it desirable for the efficient preservation of the value desirability end attrac tiveness of the Property and Additions to create corporation to which should be delegated and assigned the powers of main taming the slope areas of the Property and Additions and ad minietcziq and enforcing these covenants conditions and restrictions and
WHEREAS Broadmoor San Clemente Conunity Association nonprofit corporation has been incorporated under the laws of the State of California for the purpose of exercising the powers and functions as aforesaid and
WIEI1EAS Developer intends to convey all of the Property and Additions subject to certain protective covenants condi tionu and restrictions as heremnatter set GARR1 29
Ex 16-1
Attachment 2
483
224 588
NOW THREFCllE Developer hereby certifies agrees and
cociares that it has established and does hereby establish General Pt an Lot the protection maintenance improvement and development of the Property and Additions and line fixed and does hereby Lix the covenants conditions restrictions ease inents reservations tiens and charges upon and subject to which all of the Property and Additions and each portion there of shall be held used leased sold and conveyed and each and all of ihich is and are declared hereby to be for the benefit of all the Property and Additions and each portion thereof and each present and each future owner as hereinafter defined thereof and Developer These covenants conditions restric tions easements reservations liens and charges shall run itfl the Property and Additions and shall be binding upon all parties having or acquiring any right title or interest in the Property and Additions or any portion thereof and shall inure to the benefit of and bind each owner thereof and their respec tive successors in interact and are imposed upon the Property and Additions and each and every portion thereof as servitude in favor of the Property ad Additions and each and every por tion thereof as the dominant tenement or tenements all as follows to with
ARTIrLE
DEFINITIONS
Section_1 Articles and By-laws shall mean and refer
to the AiClOSOf Incorporation and By-Laws of the Association as the same may from time to time be amended
BAntion_2 AssociatiOn shall rfean and refer to Broadmoor San Ciemente Community Association nonprofit corporation incorporated under the Laws of the State of California its 5uc cessors and assignS
Siction3 Board shall mean and refer to the goard
Otractors of the Association
Section4 Broadmoor San Clemente shall mean and re
fer to the Original Property defined hereinafter Article II Section together with such additions thereto as may become subject to this Declaration or any supplementary declaration pursuant to the provisions of Article II hereof
Section cot shall mean and refer to any numbered
plot of ianTi6wn upon any recorded subdivision map of Broadmoor San Clemente or any portion thereof SectionG Member shall mean and refer to every
person or entity who holds membership in the Association as provided in Article III Section hereof
Section Owner shall mean and refer to one or more
persons or entities who re the record owner including Doweloper of the fee simple title to any Lot but shall not mean or refer to those having such interest merely as security for the performance of an obligation
GARR1 30
Ex 16-2
484
.A.Rl ICLE II
IJECT TO Elf
AND_ADDITIONS THERETO
Section The real property which
shall held used leased sold and conveyed subject to this Dad ration is described as follows
Lots 34 through 73 of Tract 85D7 as shown
Ofl .i map recorded in BOOk through
ii inclusive of MiacpIlaneous Maps 1\ecords of
Orange County California
Said real property shall be sometimes referred to here inafter as the Original Property
Section Additions to qinal Pro erty Addi
tional rd1 .rope.rtyea .adndxdd tO the Origibdl Property tud become subjoct to this Declaration tn the manner set forth hereinafter
.AdditicnsLD.veioE.er If DCVCl.OpC its
auccessois ci atsigna chait develop oz cause to be developed addtionat real propcztv within the aLea described in rxhibit An ..attachod hereto and inco npo.rated h.erein by th.is re ference Developer or its successors or assigns shall have the right to an.nex ouch additional real property to the original Property efld to bring such real prperty with.in the gen.e.r.l plan and scheme of this Declaration without the approval of the Associa tion .its ifoa.rd or Members provided the.t sald right of ope and ts successors and assigns shall terminate on the hap pening of either of the following events whichever occurs The expiration of three year period
from date unace by the Department of Real Rqt rc fhe
State of Califor.n.ia of Final Subdivision Public 5por
pect to any portion of Broadmoor San Clemente witheut the fiiinq of Ho tLL ni In ten ton and Questioflnai re with re speco to any other portion of such ptupe.rt.y as equred by Sections 11010 and 11011 of the California Business and Professions Code or ii Dedember 31 1980
Other Additions In addition to the provision
for annexatIon .speTfiedln Subsection here In above addi tional roni property may be anne\ed to the Original Property and brought within the genera plan and scheme of this Declaration upon the approval by vote Cr wrItten consent of Members entitled to exercise not less than .thrcefourths 3/4 of the voting pow c.r of each clss of methbetship o.f the Association Upon obtaining the requisite approval the
owner of any property who desires to annex it to the Original Property and add it to the general plan and scheme of this Dc dlaratlon and subjeut it to the jurisdl.ction of the AssocIation shl Silo of record Supplomenry teclaration of Covenants Conditions and Restrictions as more particularly described in Spct ion heroinbelow
Suetar Declaration The additions
autho.ri cc under Subscctions .nd uf this Section of
GARR131
Ex 16-3
485
3224PG 590
Article II shall be made by filing of record Supplementary Declaration of Covenants Conditions and Restrictions or other similar instrument with respect to the additional real property which shall be executed by Developer or the owner thereof and shall xtnd the general plan and scheme of this Declaration to such property rho tiling of record of said Supplementary Dc elaratiort shall constitute and effectuate the annexation of the additional real property described therein and thereupon said real property shall become and constitute part of Broadmoor San Clemento become subject to this Declaration and encompassed within the general plan and scheme of the covenants conditions and restrictions contained herein and become subject to assess ment by the Association and to the functions powers and juris diction of Lhe Association and the Owners of Lots in id real property shall automatically become Members of the Association Such Supplementary Declaration may contain
such additions and moditications of the covenants conditions and restrictions contained in this Declaration as may be neces saiy to reflect the different character if any of the added property or as Developer may deem appropriate in the develop meat of such property and as are not inconsistent with the general plan and scheme of this Declaration In no event how ever shall such Supplementary Dec.aration revoke modify or add to the covenants conditions and restrictions established by this Declaration as the same pertain to the Original Property except as may be hereiunftor provided
MerqersandConsOlidati Upon merger or
consolidation of te Association with another association as provided in the Articles of the Association its properties rights and obligations may be transferred to the surviving or consolidated association or alternatively the properties rights and obligations of another association may he added to the properties rights and obligations of the Association as surviving corporation pursuant to merger The surviving or conolidiLod tssociation may administer the covenants condi Lions and restrictions established by this Declaration within Bicadmoor San Clemente together with the ovaants condition and restrictions established upon any other rroperty as one gen eral plan and scheme
ARTICLE III
MEMBERSEIIP ItNI VOTING
RIGHTS IN THE ASSOCIATION
Sectionl Every person or entity who
is record owner of fee or undivided fee interest in any Lot which is subject by these covenants to assessment by the Asociatiofl shall be Member of the Association Any per
son or entity having any such interest merely as security for tub perfoinnance at an obligation shall not be Member Membership and the right to vote shall be appurtenant to and may not ho separated from the fee ownership of any Lot hich is subject La assessment by the Association Owner
m%iip of such Lot shall be the solo qualification for
tmemthcrship
GARR1 32
Ex 16-4
486
XI224N 59
Section Transfer The membership held by any record Owner I5Es.Iai1 not transferred p.iedged or ali.en.ated in any way except upc.n tiie aie or assignment of sUch Lot and then only to the purchaser or assignee thereof Any attempt to make prohthtod transfer is void and will not be retleoted upon the books and .recor ds of the Association In the event any Owner shall fail ai rcu to Liansfer the membership iegistered in his name to the pu.rchaser or assignee the Association shall have the right to ye.cord the txansfer upon the hooks of the Association Section__3 Thtjng Fih The Association sth 11
have two clas jhs of voting hembdrship
Class Class tIembers shall be all those Owners ontiL3od to nembership is defined in Section of this ric1e Ill with the exoep-1on of Developer Class MembLrs sha be entitled to one .vote for each Lot in which they hold the interest required for membership by Section
When mcre than one person holds su.ch interest in
an tot all sucn nersons shall he flembers and the vote for such Lot shall he exercised as they among themselves determine but in no event shall moth than dne vot.e be cast with respect to any such Lot From time to time such persons sh.aii desig nate to thc thsoclation in iriting one of theii number who shall have the power to oaercis.e thei vote
Class The Class Member shall be the Developer The Clan Member shall be entitl ad to three votes for es oh Lot in hich it holds the inLerest requiied for membeiship bj Section provided that the class membership shall cease and become converted to cl.ss marsh e.rshi.p on happening of an.y of the following emants whichever occurs earliest
When the total votes outstanding in the
membership equal
On the expiration of t.hree year period from the date of Ssu.ance by the Department of Real Es tate of the State of California of Final Subdivision fubli Re port with respect Loamy portion of Broadmoor San Clemente without the filing of Uôtice of Intention and Questionnaire with respect to any other portion of such property as required by Sections 11010 and 11011 of the California Business and Professions Code or
On December 31 l80
from and after the hap.penin.g of these events which
ever occurs earliest the Ciass Me.mber shall be deemed to be Class Member entitledto one vote for each Lot in which it holds thc interest requ.i.red for member shjp un.der Section The voting rights of both classes of membership sheLl
be stthjoct to the restrictions and limitations provided in this De.claration and in the Artic.les of and ByLaws of the Association
ARTICLE IV
faction_1 Crnution of the Lion and Personal Obiiqa otAcmen in GARR1 33 5--
Ex 16-5
487
224 592
Broadmoor San Clemente hereby covenants and eac Owner of any Lot within Broadmoor San Clemonte by acceptance of deed or other conveyance therefor whether or not it shall be so cx pressed in any such deed or othor conveyance is and shall he deemed to covanant and agree to pay to the Issociation annual assessments or charges such annual assessments to be fixed established and collected from time to time as hereinafter pro vided The annual assessments together with such interest thereon and costs of collection thereof as provided hereinbelow in Irtiele Section shall be charge on the land and shall be continuing lien upon the Lot against which each such assess ment in made The lien shall become effective upon recordation of notice of ci aim of lien in accordance with Section of Article of this Declaration Each such annual assessment toqethar with such interest and costs shall also be the personal obligation of the person or entity who was the Owner of such Lot at the time when the assessment or any portion thereof fell due end shall bind his heirs devise personal representatives successors and assigns Bowever the personal obligation shall not pass to his successors in title unless expressly assumed by them
Section Purpose $\nnual Assessments The annual
asses smens1 oted accu
mulated and used exclusively for the purpose of providing for and promotinq the aleasure recreation health safety and social welfare of the Members of the Association including the improve nent maintenance irrigation repair and upkeep of the slope areas of broadmoor San Clewente described in Exhibit attached hereto ed made part hereof by this reference
Section Annual Assessments The amount of annual
assessments shalT be dctbmined by the Board after giving due consideration to the current maintenance costs and future needs of the ssociation
Section_1 Date of Commencement of Annual Assessments
Due Datcr The annual assessmedts
comnncu as to all r3ots in the Oriqinal Sropertv on the first day of the month following the conveyance at the first Lot within said property to an individual Owner The annual assess ments for Lots added hereafter to the Original Froperty pro vidud acid Lots siall have become subject to assessment by the Association shall commence with respect to all Lots within such added property on the first day of the month following the con veyance of the first Lot within said added pronerty to an indi vidual Owner Provided however that the Association by
majority vote of its Board may extend the commencement date of annual assessments for the Original Property and any added prop erty to date not later than one year from the date of is suance by the Department of Real Estate of Bind Subdivision Public Reports with respect to the Original Property and added property respectively if Developer by written agreement with the Association commits to maintain the slope areas described in Exhibit attached hereto and incorporated herein by this re fcrencc and other slope areas to be maintained by the Association which are included within any added property until such extended dates
Annual assessments shall be levied on calendar year bis and shall be due and payable quarterly in advance on December 31 March 31 June 30 and September 30 or in such other manner as the Board may from tiDe to time establish The annnal assessments for the first year of assessment for the Original Pronerty shaLl be and they hereby are lovid GARR1 34
Ex 16-6
488
and fi at the rate of Pundrod Aent Eiht Dollars 2jLQQ par tot and shah be in an amount whici tars the come relationship to said assessment as the remaining num ber us months in that year bear to twelve 12 The same pro ration in the amount of assessment shall apply to the first as sesument levied against any tot which is added hereafter to the Original Property at time other than the beginning of any cal endar year assessment period After consideration of current maintenance costs and future needs of the Association any assess ment may be reduced by resolution of the Board Section Duties of the Board of Directors The
i3oard of Dictors 0r SSoclati shall fixte amount of
the annual assessment against each Lot subject thereto for each annual assessment period at least thirty 30 days in advance of such period and shall at that time prepare roster of the Lots within Bioadmoor San Clemente and the annual assessments appli cable thereto which shall be keot in the offiae of the Associa tion designated by the Board and shall be open to inspection by any Owner during normaL business hours
Pritten notice of the annual assessments shall be sent to every Owner subject thereto at least fifteen 15 days in advance of each annual assessment period Upon demand the Association shall furnish to any Owner Iiable or annual assessments certificate in Writing signed by an officer of the Association setting forth whether said as seosnent or any portion thereof have been paid Such certi ficate shall be conclusive evidence of th payment of any assess inent or portion thereof therein stated to have been paid reasonable charge may be made by the Board for the issuance of any such certificate
Section With
out exception each tot dned by Developer shall be subject to assessment to the same extent and in the same manner as any other Lot owned by any individual Owner
Section_7 Uniform Rate of Assessment Annual assea
ments shall be kixodat aTorm rate for all Lots within moor San Clumente Section Abandonment No Owner may waivF or other
wise escape personal flabihity for the assessments provided for heroifl by abandomnont of his tot
Section No Offsets No offsets against any assess ments shall be permitted for any reason including without limitation claim that the Association is not properly exer cising its duties ci maintenance or enforcement Section 10 Exem Pro art The following property subject tThIs Declaration exempted from the assess ments charge and lien created herein all properties dedi cated to and accepted by local public authority all prop erties exempted from taxation by the laws of the State of Cali fornia upon the terms and to the extent of such legal exemption Notwithstanding any provision herein no real property or impsovements devoted to dwelling use shall be exempt from said assessments charges or liens GARR1 35
Ex 16-7
489
I224P 594
ARTICLE
NT OF ASSESSMEMTS
Section_1 uencyndRemedicsofAociatio if any annual a5essmcnL or any potion thereat not naid on thc date thc due beinq the thtes specfied Section of Article IV hereof then such assessment or portion thereof thall bccome dci inquent and shall together with interest and costs of collection as orovided hereinbelow thereupon become continuing lien on tht Lot against which such ao.se.ssment was made as core part.icu.lar.ly dese rihed in frticla IV Section hereinabove
If any annual a.ssE..ssment or any portion thereof is
not piid within thirty 30 days aftei the aelinquencv dae it sha.ll bear .interest .f.rom the date of delinquency a.t the then legal taLe and in dddLton to all other legal and equitable rghs or remedies the Association may at its option bring an action at law again.st the Owner person.ally obligated to pay the .same or upon compliance with the notice provis ions set forth tn 3oction hereinoelow to foreclahe the lien against the Lot and there sha.ll to addad to the amount of such asse.ss cent or any per Lion theeof and interest thereon all c.o.stS and expenses including reasonable attorneys fees incurred ly the ..ssociat.on in co.liecti.ng the ds.linque.nt assessment In lieu of judicially foreclos.ing the lie.n the As.s.ociat.ion at itq option may forecloue uch lien by proceeding under
or of sale as provided 1.threinbelow in Section such power of sale being g.ien to the Associ.a.tion as to each and every Lot for the purpose of collecting delinquent assessments Rach Owner yes ts in the p5ociztjorl t.o guecess.or or assi.cjns the right and power to hrlnq all actions of l.aw or ilen fore ci.os u.re agni on such Owner or other Owners far purposes of colleatiag delInquent assessments
ertton Notice of Claim of Lien No action hall
he brought to foreclose the lien or to proceed under the pow or of sale less than thirty 30 days after the da.te noti.co of claim of lien executed by duly authorized representative of the .Associat.ion is record ed with t.he Ora.nqe County Recorder .sa id no tice stating amount alL aImed whIch may md ud.e in terast and costs of callction including reasonable attorneys fee good and sufflc..iènt leg.al descriptIon of the Lot being asaesed the name and address of the Associ.ation as ala mant and the name of the record Owner or reputed Oner thereof o.py of saId no ti.ce of el aim shall be deposi.te.d In the Uni.te.d States mail certified or registered and postage prepai.d to the Owner of the Lot
Section Foreclosure Sale Any such sale provided
fat abov ha.llLa .50 fldUC .iLn accordance wi Lb th.e pro via icna of Sections 2924 2924b and 2924c of the Civil Code of the State of California applicable to the exercise ci powers of .le in mo.rtgagc.a and deeds trust or in any other mann.e.r permitted or provided by.law The Association through its duly authorized agents shall have the power to bid on the Lot at foreclosure sale and Hto acquire and hold lease mort.gage and convey the .uame
Sectio Curirq of Default Upon the timely curing
of .any d...iult for wEic.1Eiccof claim of li..en was recorded GARR136
Ex 16-8
490
KU224pg 595
by the Association the offtcere of the Association are hereby authorized to tile or record the case may be an appropriate release of such notice upon payment by the defaulting Owner of fee to be determined by the Association but not to exceed $50.00 to cover the costs of preparing and filing or recording such release together with the payment of such other costs interest or fees as shall have been ineurrcd
Section Cumulative Remedies The assessment lien
and the rights to foreclosure and sale thereunder shall be in addition to and not in substitution for all other rights and remedies which the Association and its assigns may have here under and by law
Section Subordination of the Lien to Mortcages The lien of the assessments provided for herein shall be sub ordinate to the lien of any dced of trust or mortgage now or hereafter placed upon any of the Lots within Broadmoor San Cleente subject to assessment provided however that such subordination shall apply only to the assessments which have become due and payable prior to sale or transfer of such Lot pursuant to decree of foreclosure or any other proceeding in lieu of foreclosure Such sale or transfer shall not relieve such Lot from liability for any assessment thereafter becoming due nor from the lien of any such subsequent assessment
ARTICLE VI
ARCEITtOTURAL COMMITTEE
Section Approval bvArchitectural Committee Mo
fence wail buflding or other structure or u.teriur ddtian to or change or alteration thereof including painting shall be commenced cons tructed erected placed altered maintained or pennitted to remain on any of the real property within hroad moor San Clemente or any portion thereof until plans and spe cifications shall have been submitted to and approved in writing by an architectural committee initially to be appointed by Devel oper the Architectural Committee Said plans and specifica tions shall be prepared by duly licensed architect or other person approved by the Architectural Committee and shall include where appropriate the following Plot plans showinq the
location of all structures and showing grade elevations and drainage Building plans including floor foundation and
ioof plans with all materials therefor Exterior elevations and surfaces sections structural design and salient exterior details Id General exterior color schemes and Ce Landscaping plans showing type location and elevation of trees bushes shrubsr plants hedges and fences Provided however that De veloper shall not be required to comply with any of the provi sions of this Section All such plans and specifications shall be submitted in writing over the signature of the Owner of the property or such Owners authorized agent Approval shall be hosed among other things on adequacy of site dimensions ade quacy of structural design and material comformity and harmony of external design with neighboring sLructures effect of location and use of improvements and landscaping on neighboring property improvements landscaping operations and uses relation of topography grade and finished ground clevtion of the property being GARR1 37
Ex 16-9
491
1I224 595
improved to that of naiqhboring property proper facing of main elevations with respect to nearby streets preservation of view and aesthetic beauty and conformity of the plans and specifica tions to the purpose and qeneral plan and intent of this Deala ration In any event the Architectural committee shall have the right but not the obligation to require any Member to re move trim tap or prune any shrub tree bush plant or hedge which such Committee reasonably believes impedes the view of any lot
Section Term of Architectural Ccmmitt5ted
byoeveloppr The Arcocturnl Committee appThted by Developer chi remain in office until the happening of any of the follow ing vents whichever occurs earliost
When ninety percent 98% or more of the Lots
within Broadmoor San Clemente have been sold
On the expiration of three year period
from the date of issuance by the Department of Real Estate of the State of California of Final Subdivision Public Report with respect to any portion of Uroadmoor San Clemente without the filing of Botice of intention and Questionnaire with re suect to any other portion of such property as required by SeeLionS 11010 and LiOll of the California Business cad Professions Code or
cj On December 31 1980
From and after the happening ot these events
whichever occurs earliest the Architectural Committee shall be composed of the Board of the Association or by three or more representatives appointed by the Board
Section_3 Failure to Aporove or Disapprove Plans and
hpecifications In the event the architectural Committee or its repreentatives designated in accordance with Section hereinbelow fails to either approve or disapprove such plans and specifications within thirty 30 days after the same have been submitted to it it shall he conclusively presumed that the Architectural Committee has approved such plans and speci fications All improvement woik approved by the Architectural Committee shall be diligently completed and constructed in ac cordance with approved plans and specifications
Section No Liabi1ij Neither Developer the Asso
ciation the Ardiitectural Committee or the members or designated representatives thereof shall be liable in damages to anyone submitting plans or specifications to them for approval or to any Owner of proverty affected by these restrictions by reason of mistake in judgment negligence or nonfeasance arising out of or in connection with the approval or disapproval or failure to approve or disapprove any such plans or specifications or icr any detect in any structure constructed from such plans and specifications Such plans and specifications are nut approved for engineering design Every person who submits plans or spe cifications to the Architectural Committee for approval agrees by submission of such plans and specifications and every Owner of any of said property agrees that he will not bring any action or suit against Developer the Association the Architectural CommitteG or any of the members or designated representatives thereof to recovor any such damages
GARR1 38
Ex 16-10
492
J224 597
Section Notice of Noncom lianc or Noncom letion
Notwithstanding anything to ie contrary contained terean after the expiration of one year from the date of issuance of building permit by municipal or other governmental authority for any improvements said improvements shall in favor of purchasers and encumbrancors in good faith and for value be deemed to be in compliance with all provisions of this Article VI unless actual notice of such noncompliance or noncompletion executed by tha Architoctural Committee or its designated representatives shall appear of record in the office of the County Recorder of Orange County California or unless legal proceedings shall have been instituted to enforce compliance or completion SctionG Regulations The Architectural Commrtthe may from tine to time in its sole discretion adopt amend and repeal reasonable rules and regulations interpreting and implementing the provisions hereof Section Variances Where circumstances such as
topography location of proprty lines location of trees con figuration of Lots or other matters require the Architectural Committee by the vote or written conseiit of majority of the members thereof may allow reasonable variances as to any of the covenants conditions or restricjons contained in this Declara tion under the jurisdiction of such Committee on such terms and conditions as it shall require provided however that all such variances shall be in keeping with the general plan for the provement and development of Broadmoor San Clemente
Section The Archi tectural Committee may from time to time by majority of the mombers thereof delegate any of its rights or responsibilities hereunder to one or more duly licensed architects or other qual ified persons who shall have full authority to act on the behalf of the Architectural Committee in all matters delegated cifications
Section Review Fee and Address All plans and spe rTred by Section hereof shall be submitted in writing Lt approval together with processing fee not to ex ceed Pf.y CoiLrs $50.00 The address of the Architectural Committee is 17802 Irvine Boulevard Tustin California 2780 or such other place as maw from time to time ho designated by ho ArhiLcturaj CommitL or written instrument recorded in the office of the County Recorder of Orange County and the last instrument so recorded shall be deemed the Architectural Com mittees piover address Surt address shall be the place for the submittal of plans and specifications and the place where the current rules and regulations if any of the Architectural Committee Shall be kept
Section 10 Inspection Any member or agent of the Architectural Committee f1om time to time at any reasonable hour or hours and upon rORsonab notice enter and inspect any property subject to the jurisdiction of said Architectural Com mittee as to its improvement or maintenance in compliance with the provisions hereof
ARTICLE VII
GENERAL RESTRICTIONS
Section Fccopt as provided in Section Oereof no buIld rig structure or improvement shall be cons trucod erected GARR1 39
Ex 16-11
493
BKH224PG 598
altered placed or permitted to remain on any of the Lots with in the Original Property other than singiefamily dwelling do signed for occupation by not more than one family
Section Neither the real property within Broadmoor
ban Cemente nor any portion thereof shall be used for any pur pose tending to injure the reputation thereof or to disturb the nerqhhorhood or occupants of adjoining property or to con ntituto nuisance or in violation of any public law ordinance or regulation in anywise applicable thereto No business or commercial activity shall be maintained or conducted upon any of the Lath
Section3 Daveloper its successors and sedans may
use any of the real property within Broadmoor San Clomenta owned by them for model home sites and display and sales offices and incidental parking and may use such real property for the erec Lion and maintenance of other structures displays exhibits and signs as they may deem necessary or convenient during the con struction and sales period
Section No building structure or improvement shall
be constructed erected alterob placed or permitted to remain on any Lot in such location or manner or height as will unres conably obstruct or interfere with the vicW of any other Lot provided that all buildings structures and improvements as originally constructed by Developer thall be deemed to not un reasonably obstruct or interfere with the view of any Lot in Oroadmoor San Clemente No projectibns of any type shall be placod or permittee to remain above the roof of any residential building with the exception of one or more chimneys and one or more vent stacks No outside television or radio pole or an tenna or other electronic device shall be constructed erectod or maintained on any building ar on any procerty within Broadmoor San Clumente or connected in such manner as to be visible from the outside of any such building
Section When garaqos are not in use garage doors
shall belosed Garages shall be used only for the purpOs parking automobiles and storing an Owner1s hcncheld goods No open carport shall be constructed or maintained upun my Lot Section No shed tent or temporary building shall
he erocttained or used on any property within Broadnioor San Cieniente provided however that temporary buildings for use end used only for purposes incidental to the iniLial con Otruction of inprovemente and dwellings on any portion of Broadmoor San Clemente may be cons tructud and maintained provided that said temporary buildings shall be promptly removed upon the complotion of such construction work
Section No mobile home boat truck trailer or
recreativeiiClC of any kind shall he kept stored parked lothur than temporarily maintained constructed or repaired on any property within Broadmoor San Clemente in such manner as to he visibic from any neighboring property provided how ever that the provisions of this section shall not apply to emergency vehicle repairs Temporary parking shall mean park ing of vehicles belonging to guests of Owners delivery trucks service vehicles nd other commercial vehicles heinq used the furnishing of services to the Association or the Owners and GARR1 40
Ex 16-12
494
224PC 599
of vehicles belonging to or being used by Owners for
ioding and unloading purposes
Section No singlefamily dwelling shall be con StuCted1ntajned upon any Lot or any portion thereof which lies total livable floor area exclusive of any porch patio basement garage or other accessory outbuildinq wheth ci or ot attached to such dwelling of less than one thousand seven hundred eighty 1700 square feet
Section ho privy shall be erected maintained or used upon any portion of Broadmoor San Clemente but tempo roy urivy may be permitted during the course of construction of building Any lavatory toilet or water closet which shall he erected maintained or used upon any portion of Broadmoor San Clemant shall be enclosed and located within building par mitted under this Decthratjon to be erected within Broadmoor an Clemente shall be properly connected with the sewer system and shall be so constructed and operated that no offensive odor shall arise or otherwise escape therefrom Section 10 Except fore sign of customary and reason able dimensions advertising Lot for sale such sign to be located on such Lot no sign or other advertising device of any oharactcr shall be erected maintained or displayed upon any portion of Broadmoor San Ciemente provided howevet that Devel opar its agents and designees may erect and maintain such signs and other advertising devices or structures as it may doom neces anry ir pioper in connection with the conduct of its operations for the development improvement subdivision and sale of the Lots within Broadmoor San Clemente So long as it is an Owner of at least twentyfive percent 25% of the Lots Developer or the Association may summarily remove and destroy all unau thorized signs Suction Il No animals fowl reptiles or poultry shall
be kept within Broadmoor San Clemente except that domestic dogs cats birds and fish may be kept as household pets within Broaf- ioor San Clemente provided that they are not kept bred or raised thnaLn for commercial purposes or in unreaonahle quantities thia Declaration unreasonable quantities shall be c-iueu Lu ilmic the number at dogs cats and birds to two each
Section 12 No weeds rubbish debris objects or mate rials of any kind shall be placed or permitted to accumulate Upoo ony portion of Broadmoor San Clemente which render such gorti-r unsanitary unsightly offensive or detrimental to any property in the vicinity thereof or to the occupants of any such property in such vicinity In the event of the default in the performance of this provision and if such default shall not have been cured within five days after written notice there of Developer so long as it is an Owner of at least twentyfive peLcent 25% of the Lots or the Association shall have the right to enter unon said property and remove all woods rubbish debris objects or materials and do au things necessary to place said property in neat and orderly condition and any ex penses therefor shall become due and payable from the Owner of said property to Developer or the Association as the case may within five days after written demand therefor Section_33 No plants or seeds infected with noxious
insects or plant diseases nhall be brought upon grown or main ained upon any girt of Broadmoor San Clcmente In the Ovent GARR141
Ex 16-13
495
XU224
the default in the performance of this provision1 and if such default shall not have been cured within five days after written noticO thereof Developer so long as it is an Owner of at least twentyfive percent 25% of the Lots or the Associa tion shall have the right to enter upon any Lot within Broadmoor fan Clemente and at the expense of the Owner of said Lot remove infected or diseased plants and/or spray the same and/or take such measures as nay be necessary in the opinion of the Developer or the Association to protect the same and/or the com munity from the spread of such infection
Section l4 Trash garbage rubbish and other waste
shall be kept only in sanitary containers All service yards or suiviec aicas clothesline areas sanitary containers and storage piles on any property within Broadmoor San Clemente shall be enclosed or fenced in such manner that such yards areas containers and piles will be obstructed from view from any neighboring property or Street Sanitary containers may be set out for reasonable period of time before and after sche duled trash pickup times
Section 15 Pc noxious or offensive trade or activity
shell be carried on upon eny portion of Broadmoor San Clcmente nor shall anything be done or maintained thereon which may be or become an annoyance or nuisance to the neighborhood
SectioniS All buildings and other structures within
Dreadnoor San clemonte and each portion thereof shall at all times be mnintaind in good condition and repair and well and properly painted No windows shall be covered with aluminium foil or similar material
Section 17 Other than the slope areas described in
Exhibit B1 hereof which are to be maintained by the Associa tion1 slope areas within emy Lot including any drainage de vices constructed thereon by Developer shall be maintained continuously by the Owner thereof in neat orderly and safe condition and in such manner as to enhance their appearance1 maintain established slope ratios1 prevent erosion and sliding problems and to facilitate the orderly discharge of water through drainage systems established by Developer No struc ture1 planting or other material shall be placed or permitted to remain or other activities undertaken within Broadmaor San Clcmcnte or any portion thereof which might damage or interfere with established slope fatios create erosion or sliding prob lens or interfere with established drainage functions or facil ities
Section 18 All landscaping of every kind and charac
ter including shrubs trees grass1 and other plantings shall be neatly trimmed properly cultivated and maintained continu ously by the Owner thereof unless otherwise provided for here in in nCSt and orderly condition and in manner to enhance i.ts appearance
Suction 19 No tree shrub or planting of any kind shall
be allowed to overhang or otherwise encroach upon any sidewalk or other pedestrian way from ground level to height of ten 10 feet without the prior approval of the Architectural Committee Section 20 No property within Broadmoor San Clemente
shall be used in any manner to explore for or to remove any mater oil or other hydrocarbons minerals of any kind gravel GARR1 42
Ex 16-14
496
8Xf224pg 6O
earth or any earth substance or other mineral of any kin machinery or equipment of any kind shall he placed operated or maintained upon any Lot on which is situated singlefamily dwelling except such machinery or equipment as is usual and customary in connection with the use end maintenance of pri vate residence Section 2l During reasonable hours and after reason
able notiny agent of Developer so long as it is an Owner of at least twentyfive percent 25% of the Lots or the Asso ciation hai1 have the right to enter upon and inspect Broadmoor San Ciemcrnte or any portion thereof end the improvements thereon for the purpose of ascertaining whether or not the pro visions of this Declaration are bieng complied with and shall not deemed guilty of trespass by reasons thereof
Section 22 building structure improvement or addi
tion excludiagETmneys md roof vents shall be constructed erected altered placed or permitted to remain on any portion of roadmoor San Clemente whicheceeds one story in height with maximum height of 17 feet Uo tree bush or shrub shall he placed or maintained upon any Lot described in Exhibit
attached hereto and incorporated herein by reference which exceeds 17 feet in height or upon any other Lot in Broadmoor Sn Clezuonte which exceeds 20 feet in height
ARPICEE VIII
L1IJTIES LW POWERS OF THE ASSOCIATIOH
Section In addition to the duties and cowers enu
merated thitsArticles and ByLaws or lsewhero provided for herein and without limiting the generalities thereof the Asso ciation shall
laintain or cause to be maintained the
ulop areas more particularly described in Exhibit uB Slope Contiol Areas and all landscaping thereon as originally im proved by Developer in neat safe sanitary and orderly con dition including the replacement of landsenoing when necessary or appropriate and in such manner as to enhance their ap pearence and to preserve established slope ratios prevent cr0 sion and sliding problems and facilitate the orderly discharge of water through established drainage systems
Enforce the provisions of this Declaration
by appropriate means including without limitation the expendi ture of funds of the Association the emoloyment of legal counsel ancU the commencement of actions
Cc Mainthin such policy or policies of insurance
as the Board of the Association deems necessary or desirable in furthering the purposes of and protecting the interests of the Association and its Members and
is
GARR1 43
Ex 16-15
497
BK 12246 6O
and maintain working capital and
contingency fund in an amount to be determined by the Board Section_2 Use of Agent The Board may employ man
ager or other percons and nay contract vfth independent con tractors or managing arefltS tO perform all or any part of the rIulies and rusponsbiiities of the Association provided that any contract with person or firm appointed as manager or managing ocment shall provide for the right of the Association to terminate the same at the end of the first year following the conveyance of the first Lot by Developer
Section Limitations The cost of any Slope Control
Area maintenance servccs caused by acts of God roL civil insurrection or by nay cause other than ordinary wear tear or deterioration shall be borne by the Owner for whose benefit the maintenance services were perforoed
The cost any Slope Control Area maintenance services
caused by the negligence or wilful misconduct of any Owner or his family members relativos nuests or invitees both minor and adult shall borne entirely by such Owner tio Owner shall provide or cause to be provided any of the maintenance services proviaerl by the Association
Section Entry The Association and its managers and
agents and oneloyces ll have the right1 after reasonable no tice and at reasonable hours to enter upon any Lot for the pur pose of perfoning itS duties and exercising its powers as Set forth in this Article VIII
ARrifLE IX
czsnorii
ton chnent Each Lot wi thAn Lhe Gri wino
Pt opc in heneby id have an easement over all adoin
irg property or the purpose accommodating any minor encroach sment dun to orig nnl ommgineorinm am surveying errors errors in original construction or settlement or shifting of buflding or other strUCtuic and for the purpose of maintaining such encroachmcn
Section Slope Control Area There shall be ciranted
to Lhe Asct t7 eanments over the Lots as more particularly shown and described in fbihiL for maintenance purposes as more particularly sot forth in Article \lIl Section 1a hereinabove Section deards
Creation of Easements Each Lot within the Orig nal rome Ly Thcept of Tract No 8597 shell have arm easement created thereon by grant or reservation six feet in width axtcnding from the front lot line to the roar lot line thereof as more particularly shown and described on the easement plan attached hereto as Exhibit iS and incnrporated herein by reference for the bene fit of the Lot including
of Tract No 8597 adjoining and abutting said easement
GARR1 44
Ex 16-16
498
1224P 603
Terms arid Conditions of Use Each such easement
shall ho used and oyed subject to the following terms and conditions
The easement shall be used only as general
recreational and garden area by the Owner of the Lot adjoining and abutting the easement and each such Owner shall have the right to enter upon the easement area for such purpose Such purpose shall include the right of such Owner to construct upon the easement area an uncovered concrete patio and estab lish and maintain landscaping and irrigation system thereon provided such patio and system shall he first approved by the Architectural Committee The easement area and every part thereot including the drainage system established by Developer its successors and assigns as part of the grading and original construction upon the Original Property shall be maintained continuously in neat and orderly condition by such Owner ii The Owner of the Lot on which the easement is
located nhal have the Eight at reasonable times upon reason able notice and in reasonable manner to enter upon the ease ment area for the purpose of maintaining repairing or restor ing the structural wall of his dwelling the structure of which it is part and the fence owned by him which adjoin and abut the easement
iii stolaga of any kind shall be permitted on
the easement nor shall any object or device of any kind be af fixed to the structural wall or fence adjoining and abutting the easement without the prior written consent of the Owner of such uall or fence
iv Except for the fences and structures estab lished by Developer or its successors and assigns as pert of the original construction upon the Original Property and ex cept as authorized by Section hereinabove no fence or
other structure of any kind shall he constructed within upon or adjacent to the easement
lv No planting or other material or authorized structure including patios shall he constructed altered placed or permitted to remain upon the easement area which may change the direction of flow of the drainage system established by Developer or its successors or assigns as part of the grading of and original construction upon the Original Property or which may obstruct interfere or retard the flow of water through such system The Owners of each Lot within the Drip- thai Property shall have the right to use the drainage system established within the easement adjoining and abutting their Lots for the purpose of draining their Lots including atriums providad Lhat such right of drainaqe shall not include the right to discharge noxious or offensive matter vi No use of the easement shall he made except as provided hereinabove GARR1 45
Ex 16-17
499
224 604
ARTICLE
GhNEEAL PHOVIS IONS
Section Duration The covenants conditions and
restrictions of this Declarntion shall run with and bind the real proporty within Broathnoor Sari Clomente and shall inure to the benefit of and be enforceable by the Association or the Owhnrs mci ucling Developer of any Lot subject to this Decla ration their respective legal representatives heirs sueces scm and assigns and are imposed upon the real property with in Broadmoor San Clernente servitude in favor of each and every parcel of land therein as dominant tenement for term of twenty 20 yearn from the date this Declaration is recorded after which time said covenants conditions and restrictions shall be automatically extended for successive periods of ten 10 years unless an inStrument signed by majority of the then OwneLs of the LoLs has been recorded witfi the Orange County Recorder agreeing to change said covenants conditions and restrictions in whof or in part
Section_2 Amendment The covenants conditions and
restrictions of this Decaration may be amended by an instrument in writinq signed by no less than the Owners of threefourths 3/4 of the Lots provided that Article VII Section 22 of this Declaration shall not be amended without the consent of the City councrl of San Clemente and provided .turther that until 1980 Article II hereof may not be amended without the consent of Developer Any amendment must be properly recorded
Section_3 Notices Any notice required to be sent to
any Member or Owner under the provisions of this Declaration shall he deemed to have been properly sent when mailed postage prcpaid to the last known address of the person who appears as Member or Owner on the records of the Association at the time of such mailingS
Section_4 Enforcement Violation or breach of any
covenant corid3iilion or restriction herein contained shall give to the Devotopcr so tong as it is an Owner of at least twentyfive percent 251 of the tots or the Ilssociation the right to enter upon the procerty upon or as to which said violation or breath cxint nd to sumulaLily abate and romove at the ex pense of the Owner thereof any structure thing or condition that may exist thereon contrary to the intent and meaning of the provisions harcot and/or shall give to the Association or the Owner of any Lot including Developer the right to prose cute proceeding at law or in equity against the person or per sons who have violated or are attempting to violate any of these covenants conditions or restrictions to enjoin or prevent them from doing so to cause said violation to be remedied or to re cover damages for said violation The result of every action or omission whereby any cove nant condition or restriction herein contained is violated in whole or in part is hereby declared to be and to constitute nuisance and every remedy allowed by law or equity against an Owner either public or private shall be applicable against every such result and may be exercised by the Association or any Owner including Developer subject to these restrictions GARR1 46
Ex 16-18
500
224 605
in any legal or equitable proceeding for the enforcement cv to restrain the vioition these restriof inns or any pro visions hcveof the losing party or parties shall pay the attor neys feos of the prewdiling party or parties in such amount as may he fixed by the court in such proceedings All remedies pro vided herein or at Low or in equity shall ho cumulative and not exclusive
Failure by the Developer the Association or by any
Owner to enforce any covenant condition or restriction herein contained shall in no event be deemed waiver of the right to do so thereafter
Section Scvlit Invalidation of any one
those covnnants conTtions or restrictions by judgment or court order shall in no wise affect any other provisions which shall remain in full force and effeet
Section Broach of Restrictions Easements Condi
clone Covenants and Reservs.Areach of any of the ye
easements con itions covenants or reservations
herein contained shall nat defeat or render invalid the lien of ny mortqaga or deed of trust made in good faith and for value as to the Lot or portion of the Lots in Broadmoor San Clemente hut said restrictions easements conditions covenants and ye servations shall be binding upon and effective against any Owner thereof whose title thereto is acquired by foreclosure trustees sale or otherwise
Section dins Section headings are inserted for
concnieff lony and are not intended to be part of this
document or in any way to define limit or describe the scope or intent of the particular section to which they refer Section Singular includes Plural Whenever the con
text of Ehis DdiaraETi requires simm the singular shall in clude the plural and the masculine shall include the feminine Section Construction The provisions of this Decla
ration sYIETtiberall to effectuate its purpose
of creating uniform nian for the development of residential community as aforesaid
Section 10 Obligation of Owners nd Members The terms
and provTsions set fohl this Declaration are binding upon all Owners of all Lots the Association and all Members in the Asso ciation In addition both the Member and the Lot owned shall be subject to the terms and provisions of the Articles and By Laws of the Association
Each Member shall cause the Association to exercise all of the powers and privileges and perform all of the duties and obligations of the Association as Set forth in this Declaration the Articles and By-Laws
Section IL Construction by Developer Wothing in this
Declaradoxi siITlimi ELe righto Developer to commence and complete construction of improvements to Broadmoor San Clamente or to altar the foregoing or the Lots or to construct such addi tional improvements as Developer deems advisable prior to the completion and sale of the entire Broadmoor San Clemente This Declaration shall not limit the right ot Developer at any time GARR1 47
Ex 16-19
501
WII224G 6C6
prior to acquisition of title by purchaser from Developer to establish on any Lot additional licenses reservationS and rig1iLsotwey to itself to utility companiesr or to others as may from time to time be reasonabi necessary to the proper development and disposal of Broadmoor San Clomente
ARTICLE Xl
ASS XOWMENT OF POWERS
any or all of the rights and powers and reurvnLionS of
DevefopLr herein contained may be qranted conveyed and assigned to any other corporation or association or person which is now organized or which may hereafter he organized and which will as sume Lhe duLies of Dovelopo hereunder partaininq to the partic ular rights and powers and reservations granted conveyed and assigned and upon any such corporation or association or per son evidencing its consent in writing to accept such grant conveyance and assignment and assume such duties it shall to the extent of such grant conveyance and assignment have the same rijhts and powers and be subject to the same obligations and duties as are given to and assumed by Developer heroin and thereupon Developer shall be relieved of the pertormance of any further duty nd of any further obligations heisunder
ARTICLE XII
If the City council oe the City of San Clemente City
reasonably determines at public hearing held after not less than Len 10 days prior wtitten notice to the Association that the Association has failed to perform any ot its duties under the Declaration the City shall have the right but not the obli qation to thereafter assume the performance of any such duty until such time as the Association demonstrates its ability to reassume such eorformance provided however that the City shell not exercise any of the rights granted under this Article XII unless after giving to the Association written notice of its determination that the Association has failed to perform its duties under the Declaration the Association does not cure such failure within thirty 30 days from the date of receipt by the Association of said notice In connection with any such performance by the City it may exercise any of the rights and powers granted to the Association under this Doclaration The reasonable costs Costs of any such performance
by the City shall he borne by the Association provided how evei that In the event such Costs are not paid to the City by the Association within sixty 60 days after the City has fur nished to the Association statement therofor the City shall have the right but not the duty to levy and collect uniform assessment against each Lat within Droadmoor San Clemonte to cover the Costs Any such assessment shall be governed by the provisions of Articles IV and of the Doclorution
IN WITNESS WhEREOF Droadmoor homes Inc the Developer
GARR1 48
Ex 16-20
502
BXI I224P 607
herein has caused ita name to be hereunder subscribed the day and yPar first above Written
BROADMOOR HOMES IUC
California corporation
By
Its
Its
GARR1 49
Ex 16-21
503
x1 224PS 608
STAFE OF CALIFOENIA
COUNTY OF ORANGE
On before me the undersigned
Wotary Public in and ior said State personally appeared known to me to
be the and
of BROADMOOR hOMES INC the corporation that executed the within instrument known to me to be the persons who executed the within instrumcnt on behalf of the corporation therein named and acknowledged to me that such corporation executed the within instrument pursuant to its bylaws or resolution of its hoard of directors
WITNESS my hand and official seal
EL7ARETU WEIDMAN iiqotary Public
QTF
JOPALPj5
OXer
GARR1 50
Ex 16-22
504
Bffl224 609
The undersigned beneficiary
under that certain deed of trust recorded ________ 197 in Dook///d4 Page IiIqi/ Official Records Oraje County Californi7ereby consents to the within Declaration of Covenants Conditions and Restrictions for Broadmnor San Cleniente and hereby subordinates th lien of said deed of trust to the provisions con tained herein California corporation
ByIts
Its
STATE OF GALIFORNIA
COLThITY OF
On 1974 before me the undersigned
Notary Public iand for said County and State personally appeared own to me be the
nd
knpjn to me be the of
______ __________________ th norporatian that
cxife the within instrument and 1nown to me to be the persons who executed the within instrument on behalf of said corporation and acknowledged to me that said corporation executed the within instrument pursuant to its By-Laws or resolution of its board of Directors
WITNESS my hand and official 9041
OFCL SCAL
flY I-i MO$R
jNOTAflY PUlC CALIF NIA
arANct cJuNrv
My Coun ExprtJw 3O 976
23 GARR151
Ex 16-23
505
BXU224P LW RXHfl3IT
That portion of Sectton 28 and 33 Township South Range West in the City of San Clemente County of Orange State of California as per an Official Plat filed in the District Land Office January 1874descrihed as follows Beginning at the Northerly teroinus of that certln course shown as ll 151 17900 feet in the Northwesterly line of Lot 180 of Tract 110 898 as per map recorded in Book 28 pages through inclusIve of lliscellaneous i4aps in the office of the Counly Recorder of said County said point of beginning also being the Northerly terninus of that certain course shown as 11 15 001 17900 feet in the boundary of Tract No 5655 as per nap 10 recorded in I3ook 209 pages thrnugh inclusive of said Niscellaneous Naps thence along said Northwesterly link 83 26 21 262.07 feet to an angle 12 point in said Northwesterly line thence along the Northerly line of said Tract No 899 the Eel lowing courses 83 261 21 10000 feet Fl 73 41 29 14 29706 feet 68 41 3211 318.06 feet 52 57 12 51978 feet and 15 56 42 17 40283 fedt to the Most Northerly corner of Lot 118 of said 16 Tract No B9B thence along the Easterly line of the land described in the deed to San Clanente Scoo1 District recorded on March 14 1962 in Book 6033 18 cage 213 of Official Records of said County the following courseS 22 04 42 232.00 feet 32 501 37 35111 feet and 57 10 461 20 31754 feet to the Southeasterly line of the land described in the deed to 21 Visbek Industrial Park aCorporation recorded on December 12 1960 in 22 Book 5544 page 471 of said Official Records thence along said Southeasterly 23 line 51 21 15 43892 feet and 45 13 14 1502.03 feet to the boundary of Tract Mo 5691 as per reap recorded in Book 209 pages throuch 12 25 inclusive of said Iliscollaneous Uap thence along a1d boundary the following 26 courses 84 451 46 28.02 feet Southeasterly and Southerly along 27 tenpent curve concave Southwesterly with radius of 11700 feet through 28 central angle of 108 03 19 distance of 22065 feet Southwesterly along 29 Paqelof2
larch 29 1974
30 l73-45/JKSpai
L92 OR
31 Rev April 1974
it
GARR1 52
Ex 16-24
506
tl I224P 611
confound curve concave hortliwesterly with radius of 22000 feet through central angle of 25 43 20 distance of l025 feet tangnnt to said curve 49 59 53 15889 feet Southwesterly along tangent curve concave Southeasterly with radius of 330.00 feet through central angle of 40 59 31 distance of 23610 feet tangent to said curve 19 10 22 Il 286.07 feet Southeasterly along tangent curve concave Northeasterly with radius of 21000 feet through central angle of 70 011 36 distance of 256.66 feet tangent to said curve 61 01 14 18141 feet Southeasterly along tangent curve concave Southwesterly with radius of 48500 feet thrnuh central angle of 19 52 54 distance of 16830 feet Southeasterl along 11 reverse curve concave Northeastorly with radius of 695.00 feet through 12 central anglo of 19 53 26 distance of 24127 feet tangent to said cuvo 13 61 01 45 163.37 feet Southeasterly along tangent curvo ceecavc North 14 easterly with radius of 470.00 feet through central angle of 33 10 18 15 distance 27211 fret and tangent to said curve 85 47 56 10457 feet to the boundary of sai.1 Tract lb 5055 thence alcng said heundary the following coirsOs 85 47 55 7.12 feet 18 24 02 55507 fret Southerly end iB Southwesterly along tangent curve concave Westerly with radius of 6000 19 fACt through central angle of 93 49 14 bistance of 96.25 feet tangent to 20 said curve 75 25 12 4285 feet Southwesterly along tanrent curve 21 concave Southeasterly with radius of 44200 feet through central angle of 22 56 19 27 distance of 43450 feet tangent to said curve 19 05 45 23 121.22 ent Southerly alone tangent curve concave Easterly with radius of 242.00 feet through central angle of 35 51 10 distance of 151.43 feet 25 anl lecient to said curve 15 45 25 11960 feet to the point of beeirnlno 25 EXCEPTIIjg TIlEREFRUfl Lots 85 86 and Lots and 1fl of Tract l1 597 as 27 per on recorded In Rook pages to it inclusive of Hisceflaneous imps lB records of said 0ranq County
Page of 29
llarch 29 1974
30 l7345/JKSj
L92 09
31 Rev April 1974
32 GARR1 53
Ex 16-25
507
// \\
Lii
LU
-j
LU
_j dti cr ZO -4
LU ci
LU
LU
iE
GARR1 54
Ex 16-26
Jffl224C 62
THE EVENT OF ANY VAIUANCE
BETWEEN SLOPES AS SHOWN ON
IHIS PLAN THUSLY AND
SLOPES AS ACTUALLY FINALLY
ORADED ThE SLOPES AS FINALLY
GRADED WILL SUPERSEDE ThOSE
SHOWN ON THIS PLAN
508
EXHIBIT
LOPE CONTROL AREA PLAN
TRACT NO 8597
THE CITY OF SAN CLEHENTE
I73IS Jy
LII filE EVEIfT OF ANY VARLANC
HETWEEN THE SLOPES AS flOTIR
OH THIS FLAN TIIUSLY
MIO SLOPES AS ACTUALLY
ILIIALLY 6RAOED THE SLOPES
AS LHALLY GRADED WILt
fiiPTS THOSC SHOWN ON
511
f4I
BXII%24 61
/f
/i/TTZ if IfTJARR155
Ex 16-27
509
XHIBIT
SLOPE CONTROL AREA PLAN
TRACT NC GFRT
LIE ITY OF SA IC
REY da9I974
KjJ224pg 64
ttj
ARR156
III THE EVENT OF ANY VAR1ANCE BETWEEN TIlE SLOPES
AS SHOWN Oil OIlS PLAN THUSLY AND
SLOPES AS ACTUALLY FINALLY GRADED HE SLOPES
AS FINALLY GRADED WILL SUPERSEQE THOSE SHOON
ON THIS PLAN
14 85
TueII/t T4A 5/TI
Ex 16-28
510
bK1224p6 615
L5 52 tnrouh 57 c1uie of ho O.97 th
Sfl of Orart Stto of fornI on
na fiId in oo 344 11 Irc1usIE of Is ooo lops
rcord said Conty
12 13
15 17
18 19
20 21
22 23
24 25
26 27
28 974
173-45/cs 30
Tjlo in la 8597
31 ev July 1974
32 GARR1 57
Ex 16-29
511
LU
LU
LU ZO
LU
LU
fCe 80
GARR1 58
Ex 16-30
BKIi224pj
f/01 1tfD 1W/I/Wi f//0/W
1Wf
Jf1 11/111-9 O1Z/
512
EXHIBIT
SIDE YARD EASEMENT PLAN
IRACI NO 8597
IN IHE cir OF SAN CLFMkNTE
WO 173
I/LP.9jg74
4AD IAfltI
j//2h2Y D//T
Ji7 f7t1T ZIM/L
GARR1 59
Ex 16-31
513
FXHII3II
SIDE YARD EASEMENT PLAN
TRACI NO 597
IN TUE CITY OF SAN CLEMENTE
wo 735
/4I /N
fr E/cL4AE4T WI4
fNecL LJ
GARR1 60
fAtE/8f gi
Ex 16-32
514
Attachment 3
515
516
517
ATTACHMENT 4
518
519
520
521
522
523
524
525
526
527
528
529
530
531
532
533
534
535
536
537
538
539
540
541
542
543
544
545
ATTACHMENT 5
546
547
548
549
ATTACHMENT 6
550
551
ATTACHMENT 7
552
553
554
555
556
557
558
ATTACHMENT 8
559
ATTACHMENT 9
560
561
562
563
564
565
566
567
568
569
570
571
572
573
574
575
576
577
City of San Clemente Code Compliance
Danielle Sorahan, Code Compliance Manager
Phone: (949) 361-8200
[email protected]
June 26, 2024
VIA CERTIFIED MAIL AND EMAIL AT [email protected] Broadmoor San Clemente Homeowners Association
Attn: Ryan Phillips, Agent for Service
1505 Corporation
Compass Property Management Corporation
302 N. El Camino Real, Suite 100
San Clemente, CA 92672
Subject: Demand for Compliance with CCRs Regarding Tree Heights Dear Broadmoor Homeowners Association,
As the Code Compliance Manager for the City of San Clemente, I am writing to address a matter concerning compliance with the Covenants, Conditions, and Restrictions (CCRs) of the Broadmoor community.
Facts:
It has come to our attention that there are violations of Article VII, Section 22, of your CCRs, specifically pertaining to the height restrictions on trees, bushes, and shrubs. The relevant section states:
"No tree, bush, or shrub shall be placed or maintained upon any Lot described in Exhibit 'C,' attached hereto and incorporated herein by reference, which exceeds 17 feet in height or upon any other Lot in Broadmoor San Clemente which exceeds 20 feet in height." Additionally, Article XII of the CCRs grants the City of San Clemente the authority to enforce these regulations, if the HOA fails to do so. The Article states:
"If the City Council of the City of San Clemente reasonably determines at a public hearing held after not less than ten (10) days’ prior written notice to the Association that the Association has failed to perform any of its duties under the Declaration, the City shall have the right, but not the obligation, to thereafter assume the performance of any such duty until such time as the Association demonstrates its ability to reassume such performance; provided, however, that the City shall not exercise any of the rights granted under this Article XII unless, after giving the Association written notice of its determination that the Association has failed to perform its duties… the Association does not cure such failure within thirty (30) days from the date of receipt by the Association of said notice." Code Compliance Division
910 Calle Negocio, San Clemente, CA 92673
www.san-clemente.org
ATTACHMENT 10
578
Demand:
To avoid the City exercising Article XII, the City hereby demands that the Broadmoor HOA take immediate action to ensure compliance with the CCRs regarding tree heights within the development, including but not limited to, trees located on the properties between 201 and 327 Calle Delicada, San Clemente, CA.
If the Association does not remedy this issues of non-compliance within thirty (30) days from the date of receipt of this notice, the City of San Clemente may assume enforcement duties as outlined in Article XII.
Consequences:
Per Article XII, the reasonable costs of the City’s enforcement, if any, will be borne by the Association, and failure to pay these costs within sixty (60) days will result in the City levying and collecting a uniform assessment against each lot within Broadmoor San Clemente.
Please provide written confirmation of your action plan to address the issues of noncompliance set forth above within the specified timeframe. Should you have any questions or require further clarification, please do not hesitate to contact me directly.
Thank you in advance for your prompt attention to this matter.
Sincerely,
Danielle Sorahan
Code Compliance Manager
City of San Clemente
579
EXAMPLES OF NON-COMPLIANT TREES ON CALLE DELICADA
1 ATTACHMENT 11
580
EXAMPLES OF NON-COMPLIANT TREES ON CALLE DELICADA
2 581
EXAMPLES OF NON-COMPLIANT TREES ON CALLE DELICADA
3 582
EXAMPLES OF NON-COMPLIANT TREES ON CALLE DELICADA
4 583
EXAMPLES OF NON-COMPLIANT TREES ON CALLE DELICADA
5 584
From: Atamian, Adam
To: [email protected]; [email protected] Cc: Josh Smisko
Subject: Notice of Hearing - Enforcement of Broadmoor CC&Rs - City Council Meeting November 19, 2024 Date: Friday, November 8, 2024 12:02:43 PM
Attachments: Notice of Public Hearing 11-19-2024 - Broadmoor Association CCR Enforcement.pdf [EXTERNAL]
Dear Mr. Phillips and Ms. Cervantes,
Please find attached Notice of Public Hearing for the November 19, 2024 City Council Meeting. Hard copies of this notice are also being sent via certified and regular mail. The City will provide notification to you when the agenda and agenda packet is published.
Sincerely,
Adam Atamian, MPA, AICP
Community Development Director
Community Development Department
910 Calle Negocio
San Clemente, CA 92673
p: (949) 361-6196
[email protected]
SCSEAL
P Please consider the environment before printing this e-mail Attachment 12
585
4895-6062-5911 v1
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN THAT A PUBLIC HEARING
WILL BE HELD BY THE CITY COUNCIL OF THE
CITY OF SAN CLEMENTE, CALIFORNIA,
RELATIVE TO THE FOLLOWING:
TO:
Broadmoor San Clemente Community Association
Attn: Ryan Phillips, Agent for Service
Compass Property Management Corporation
302 N. El Camino Real, Suite 100
San Clemente, CA 92672
Broadmoor San Clemente Homeowners Association CC&R Compliance Notice is hereby given that the City Council of the City of San Clemente shall conduct a public hearing to address non-compliance with the Covenants, Conditions, and Restrictions (CC&Rs) specific to the Broadmoor community.
Details of Non-Compliance:
The identified violations pertain to Article VII, Section 22, of the Broadmoor CC&Rs, specifically related to height restrictions for trees, bushes, and shrubs within the community. The CC&Rs stipulate:
"No tree, bush, or shrub shall be placed or maintained upon any Lot described in Exhibit 'C,' attached hereto and incorporated herein by reference, which exceeds 17 feet in height or upon any other Lot in Broadmoor San Clemente which exceeds 20 feet in height." Hearing Details:
Date: November 19, 2024
Time: 6:00 p.m. or as soon thereafter as the matter may be heard Location: City Hall Council Chambers, 910 Calle Negocio, 2 nd Floor, San Clemente, California
92673
Purpose of Hearing:
This hearing has been scheduled to review the CC&R violations and determine whether the City of San Clemente shall assume enforcement duties as permitted under Article XII of the Broadmoor HOA CC&Rs. Should the City take on enforcement responsibilities, the reasonable costs incurred, including reasonable attorney fees, may be assessed to the HOA, potentially leading to a uniform assessment against each lot within Broadmoor San Clemente.
Further information may be obtained by contacting the City Clerk’s Office at (949) 361-8200. 586
4895-6062-5911 v1
All interested parties are invited to attend this public hearing or provide comments by written communication to the City Council. All written comments must be received by the City Clerk’s Office by no later than 4:00 p.m. on the date of the hearing to ensure sufficient time to distribute to the City Council and the public. If you challenge the actions taken by the City Council in court, you may be limited to the arguments raised at the hearing.
587
910 Calle Negocio
2nd Floor
San Clemente, California
www.san-clemente.org
AGENDA REPORT
CITY OF SAN CLEMENTE
CITY COUNCIL MEETING
CITY OF SAN CLEMENTE 1
Meeting Date: November 19, 2024 Agenda Item: 10A.
Submitted By: Finance and Administrative Services
Prepared By: Brian Brower, Administrative Services Director Subject:
..titl e
APPOINTMENT OF THE CITY CLERK AND CITY TREASURER, AND INTRODUCTION (FIRST
READING) OF ORDINANCES MAKING THE CITY TREASURER AND CITY CLERK POSITIONS APPOINTED ..body BY THE CITY MANAGER
Fiscal Impact:
None.
Summary:
In the General Municipal Election of November 8, 2022, the voters determined through a ballot measure that the City Clerk and City Treasurer should become appointed, rather than elected, positions. The change was slated to take effect after the four-year term ending in November, 2024. Around the same time, the incumbent officers retired mid-term from their respective positions, which were subsequently filled by City Council appointment. With the expiration of these elected terms, appointments must now be made for both the City Clerk and Treasurer.
In addition to making long-term appointments for the offices, the City Council is presented with the option to either directly appoint the City Treasurer and City Clerk going forward, or vest appointment authority in the City Manager.
At the City of San Clemente, the City Clerk position has historically been divided into an elected/City Council-appointed role and an internal staff role. If appointment of the City Clerk is vested with the City Manager, the duties and responsibilities can be combined into a single position, similar to many comparable municipalities in the region.
Background:
The City Council, at its meeting of June 7, 2022, added Ballot Measures to the General Municipal Election of November 8, 2022 for the voters to determine whether the City Clerk and City Treasurer should remain elected, or if they should be appointed by City Council or Staff.
The majority of voters approved these measures, approving the transition of the City Clerk and City Treasurer positions from elected to appointive, effective at the end of the 2020-2024 terms.
These actions coincided with the mid-term retirement from office by the officers elected two years prior in 2020. The resultant vacancies were filled at the November 17, 2022 City Council meeting, when the City Council appointed Laura Campagnolo to the office of the City Clerk and Charlie Smith to the office of the City Treasurer for the duration of their unexpired terms (though November 2024).
588
Meeting Date: November 19, 2024 Agenda Item: 10A.
CITY OF SAN CLEMENTE 2
With the completion of the final elected terms, and their respective elective appointments coming to a close with the November 5, 2024 election, the subject offices must now be filled by appointment.
The City Council may appoint the City Treasurer and/or City Clerk going forward, or, pursuant to Government Code §36510, the City Council can vest appointment authority in the City Manager by ordinance.
City Clerk
Through the transition outlined above, the City maintains a somewhat atypical situation in which the same individual who performs the duties of the City Clerk at City Council Meetings as established in SCMC Section 2.10.030 is also hired as a City employee with the job title of Legislative Administrator, who manages all services and activities within the City Clerk Department. A strong nexus exists between the duties of City Clerk and Legislative Administrator. Accordingly, it is common for municipalities similar in size to San Clemente to combine the functions into a single position with the title of City Clerk as a City employee. A recent poll of California cities was conducted by staff. Out of 44 respondents with an appointed City Clerk, 33 are appointed by the City Manager while 8 are appointed by City Council.
The convergence of duties and responsibilities presents an opportunity to consolidate the two roles into a single position appointed by, and reporting to, the City Manager. Proposed Ordinance No.1783 would vest authority in the City Manager to appoint the City Clerk pursuant to Government Code §36510.
City Treasurer
The City Treasurer performs the duties as prescribed in Sections 41001 through 41007 of the California Government Code and by any other provisions of law applicable to deposit, investment and safekeeping of public funds of the City.
Ordinance No. 1747 dated November 8, 2022 enacted Chapter 2.14 of the Municipal Code of the City of San Clemente, making the Office of the City Treasurer appointed by the City Council.
Alternately, and pursuant to Government Code Section 36510, the City Council may, by ordinance, vest in the City Manager its authority to appoint the City Treasurer.
Unlike the City Clerk, the City Treasurer in San Clemente does not serve in a related internal staff role. While the Finance Division provides support to the Treasurer and the Investment Advisory Committee, which they chair, the City Treasurer maintains independent control over the City’s funds. Staff is recommending that this independence be maintained and the City Council continue to appoint the City Treasurer. If City Council agree, no change is needed to the Municipal Code with respect to the City Treasurer.
589
Meeting Date: November 19, 2024 Agenda Item: 10A.
CITY OF SAN CLEMENTE 3
Council Options:
City Clerk
Adopt Resolution 24-170 appointing Laura Campagnolo to the office of City Clerk in accordance to Chapter 2.10 of the Municipal Code of the City of San Clemente. Introduce and conduct the first reading of Ordinance No. 1783 entitled AN ORDINANCE OF
THE CITY COUNCIL OF THE CITY OF SAN CLEMENTE, CALIFORNIA, AMENDING CHAPTER 2.10 OF THE MUNICIPAL CODE OF THE CITY OF SAN CLEMENTE TO MODIFY SECTIONS 2.10.010 and 2.08.090, VESTING AUTHORITY IN THE CITY MANAGER TO APPOINT THE CITY CLERK, and direct the City Manager to make such future appointments going forward.
Do not introduce Ordinance No. 1783.
Provide alternate direction to staff.
City Treasurer
Adopt Resolution 24-171 appointing Charlie Smith to the office of City Treasurer in accordance to Chapter 2.14 of the Municipal Code of the City of San Clemente. Introduce and conduct the first reading of Ordinance No. 1782 entitled AN ORDINANCE OF
THE CITY COUNCIL OF THE CITY OF SAN CLEMENTE, CALIFORNIA, AMENDING CHAPTER 2.14 OF THE MUNICIPAL CODE OF THE CITY OF SAN CLEMENTE TO MODIFY SECTIONS 2.14.010 and 2.08.090, vesting authority in the City Manager to appoint the City Treasurer pursuant to Government Code §36510, and direct the City Manager to make such an appointment going forward.
Do not introduce Ordinance No. 1782.
Provide alternate direction to staff.
Environmental Review/Analysis:
This activity is not a project as defined under the California Environmental Quality Act State Guidelines; therefore, no environmental review is required.
Recommended Actions:
Staff Recommendation ..recommendation
City Clerk
1. Adopt Resolution 24-170 appointing Laura Campagnolo to the office of City Clerk in accordance to Chapter 2.10 of the Municipal Code of the City of San Clemente; AND
2. Introduce and conduct the first reading of Ordinance No. 1783 entitled AN ORDINANCE OF
THE CITY COUNCIL OF THE CITY OF SAN CLEMENTE, CALIFORNIA, AMENDING 590
Meeting Date: November 19, 2024 Agenda Item: 10A.
CITY OF SAN CLEMENTE 4
CHAPTER 2.10 OF THE MUNICIPAL CODE OF THE CITY OF SAN CLEMENTE TO MODIFY SECTIONS 2.10.010 and 2.08.090, VESTING AUTHORITY IN THE CITY MANAGER TO APPOINT THE CITY CLERK, and direct the City Manager to make such future appointments going forward; AND
City Treasurer
3. Adopt Resolution 24-171, appointing Charlie Smith to the office of City Treasurer in accordance to Chapter 2.14 of the Municipal Code of the City of San Clemente. ..end
Attachment:
1. Ordinance No. 1746 Establishing the Appointive Office of the City Clerk
2. Ordinance No. 1747 Establishing the Appointive Office of the City Treasurer
3. Resolution No. 24-170 Appointment of the City Clerk by the City Council
4. Resolution No. 24-171 Appointment of the City Treasurer by the City Council
5. Proposed Ordinance No. 1783 Vesting Authority in the City Manager to appoint the City Clerk
6. Proposed Ordinance No. 1782 Vesting Authority in the City Manager to appoint the City Treasurer
Notification:
None.
591
Full Text of Measure U
ORDINANCE NO. 1746
AN ORDINANCE OF THE PEOPLE OF THE CITY OF SAN
CLEMENTE, CALIFORNIA, ENACTING A NEW CHAPTER 2.10
OF TITLE 2 OF THE SAN CLEMENTE MUNICIPAL CODE
ESTABLISHING THE APPOINTIVE OFFICE OF CITY CLERK,
SUBJECT TO APPROVAL OF A MAJORITY OF THE ELECTORS
VOTING ON THE MEASURE AT THE GENERAL MUNICIPAL
ELECTION TO BE HELD TUESDAY, NOVEMBER 8, 2022
WHEREAS, pursuant to California Government Code Section 36502, the office of San Clemente City Clerk is currently an elective office; and WHEREAS, Government Code Section 36508 and Elections Code Section 9222 authorize the City Council to submit to the electors the question of whether the elective City Clerk shall be an appointive office and, if a majority of voters voting on the measure approve it, the office shall become appointive; and
WHEREAS, an appointive City Clerk gives the City the ability to recruit candidates for the office of City Clerk who have the requisite training, skills and experience necessary to fulfill the important responsibilities of the office of City Clerk; and WHEREAS, currently the majority of California cities have appointive City Clerks; and WHEREAS, on June 7, 2022, pursuant to State law, the City Council adopted Resolution No. 22-18, submitting this ordinance to the voters at the General Municipal Election on Tuesday, November 8, 2022; and
WHEREAS, all other legal prerequisites to the adoption of this ordinance have occurred.
NOW, THEREFORE, the People of the City of San Clemente do ordain as follows:
Section 1 :. Chapter 2.10 of Title 2 of the San Clemente Municipal Code is hereby enacted to read as follows:
"Chapter 2.10 - CITY CLERK
2.10.010 - Office established -Appointment and compensation.
Pursuant to California Government Code Sections 36501 and 36508, there is hereby established the office of City Clerk. The City Clerk shall be appointed by, and shall serve at the pleasure of, the City Council and shall not be required to be a resident or elector of the City. The City Clerk shall receive such compensation as shall be fixed from time to time by resolution or ordinance of the City Council. Notwithstanding the above, pursuant to Government Code Section Attachment 1
592
593
Full Text of Measure V
ORDINANCE NO. 1747
AN ORDINANCE OF THE PEOPLE OF THE CITY OF SAN
CLEMENTE, CALIFORNIA, ENACTING A NEW CHAPTER 2.14
OF TITLE 2 OF THE SAN CLEMENTE MUNICIPAL CODE
ESTABLISHING THE APPOINTIVE OFFICE OF CITY
TREASURER, SUBJECT TO APPROVAL OF A MAJORITY OF
THE ELECTORS VOTING ON THE MEASURE AT THE GENERAL
MUNICIPAL ELECTION TO BE HELD TUESDAY, NOVEMBER 8,
2022
WHEREAS, pursuant to California Government Code Section 36502, the office of San Clemente City Treasurer is currently an elective office; and WHEREAS, Government Code Section 36508 and Elections Code Section 9222 authorize the City Council to submit to the electors the question of whether the elective City Treasurer shall be an appointive office and, if a majority of voters voting on the measure approve it, the office shall become appointive; and
WHEREAS, an appointive City Treasurer gives the City the ability to recruit candidates for the office of City Treasurer who have the requisite training, skills and experience necessary to fulfill the important responsibilities of the office of City Treasurer; and WHEREAS, on June 7, 2022, pursuant to State law, the City Council adopted Resolution No. 22-18, submitting this ordinance to the voters at the General Municipal Election on Tuesday, November 8, 2022; and
WHEREAS, all other legal prerequisites to the adoption of this ordinance have occurred.
NOW, THEREFORE, the People of the City of San Clemente do ordain as follows:
Section 1:. Chapter 2.14 of Title 2 of the San Clemente Municipal Code is hereby enacted to read as follows:
"Chapter 2.14- CITY TREASURER
2.14.010 - Office established -Appointment and compensation.
Pursuant to California Government Code Sections 36501 and 36508, there is hereby established the office of City Treasurer. The City Treasurer shall be appointed by, and shall serve at the pleasure of, the City Council and shall not be required to be a resident or elector of the City. The City Treasurer shall receive such compensation as shall be fixed from time to time by resolution or ordinance of the City Council. Notwithstanding the above, pursuant to Government Code Section 36510, the City Council may, by ordinance, vest in the City Manager its authority to appoint the City Treasurer.
Attachment 2
594
595
596
Attachment 3
RESOLUTION NO. 24-170
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN CLEMENTE, CALIFORNIA, APPOINTING LAURA
CAMPAGNOLO TO THE OFFICE OF CITY CLERK IN
ACCORDANCE TO CHAPTER 2.10 OF THE MUNICIPAL
CODE OF THE CITY OF SAN CLEMENTE
WHEREAS, the City Council, at its meeting of June 7, 2022, added a ballot measure to the General Municipal Election of November 8, 2022 for the voters to determine whether the City Clerk should remain elected, or if they should be appointed by City Council or Staff; and
WHEREAS, the majority of voters approved this measure, approving the transition of the City Clerk position from an elected to an appointed position, effective at the end of the 2020-2024 term; and
WHEREAS, on November 8, 2022, the City adopted Ordinance No. 1746, which established the appointive office of the City Clerk; and WHEREAS, the election transition to an appointed City Clerk coincided with the midterm retirement from office by the officer elected two years prior in 2020 and the resultant vacancy was filled at the November 17, 2022 City Council meeting, when the City Council appointed Laura Campagnolo to the office of the City Clerk for the duration of the unexpired term; and
WHEREAS, Laura Campagnolo has served honorably as City Clerk, executing the powers and duties identified in Section 2.10.030 of the Municipal Code of the City of San Clemente, throughout the duration of the previous elective term expiring with the November 2024 election; and
WHEREAS, with the completion of the final elected term, and the previous appointment coming to a close, the office of the City Clerk must now be filled by appointment.
NOW, THEREFORE, the City Council of the City of San Clemente does hereby resolve as follows:
Section 1. Laura Campagnolo is hereby appointed to the office of City Clerk of the City of San Clemente effective upon the expiration of the previously elected term.
Section 2. The appointed City Clerk shall serve for an indefinite term until resignation, inability to serve, or until removed from office by the appointing authority under Section 2.10.010 of the Municipal Code of the City of San Clemente.
Section 3. The City Clerk shall certify to the passage and adoption of this resolution 597
Resolution No. 24-170 Page 2
and enter it into the book of original resolutions.
PASSED AND ADOPTED this _____ day of ____________________, _______.
ATTEST:
___________________________ __________________________
City Clerk of the City of Mayor of the City of San
San Clemente, California Clemente, California
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
CITY OF SAN CLEMENTE )
I, LAURA CAMPAGNOLO, City Clerk of the City of San Clemente, California, do hereby certify that Resolution No. 24-170 was adopted at a regular meeting of the City Council of the City of San Clemente held on the _______ day of _______________________, _________, by the following vote:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Clemente, California, this _____ day of _________________, ________. __________________________
CITY CLERK of the City of
San Clemente, California
Approved as to form:
____________________________
Elizabeth A. Mitchell, City Attorney
598
Attachment 4
RESOLUTION NO. 24-171
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN CLEMENTE, CALIFORNIA, APPOINTING CHARLIE
SMITH TO THE OFFICE OF CITY TREASURER IN
ACCORDANCE TO CHAPTER 2.14 OF THE MUNICIPAL
CODE OF THE CITY OF SAN CLEMENTE
WHEREAS, the City Council, at its meeting of June 7, 2022, added a ballot measure to the General Municipal Election of November 8, 2022 for the voters to determine whether the City Treasurer should remain elected, or if they should be appointed by City Council or Staff; and
WHEREAS, the majority of voters approved this measure, approving the transition of the City Treasurer position from an elected position to an appointed position, effective at the end of the 2020-2024 term; and
WHEREAS, on November 8, 2022, the City adopted Ordinance No. 1747, which established the appointive office of the City Treasurer; and WHEREAS, the election to transition to an appointed City Treasurer coincided with the mid-term retirement from office by the officer elected two years prior in 2020 and the resultant vacancy was filled at the November 17, 2022 City Council meeting, when the City Council appointed Charlie Smith to the office of the City Treasurer for the duration of the unexpired term; and
WHEREAS, Charlie Smith has served honorably as City Treasurer, executing the powers and duties identified in Section 2.14.030 of the Municipal Code of the City of San Clemente, throughout the duration of the previous elective term expiring with the November 2024 election; and
WHEREAS, with the completion of the final elected term, and the previous appointment coming to a close, the office of the City Treasurer must now be filled by appointment.
NOW, THEREFORE, the City Council of the City of San Clemente does hereby resolve as follows:
Section 1. Charlie Smith is hereby appointed to the office of City Treasurer of the City of San Clemente effective upon the expiration of the previously elected term.
Section 2. The appointed City Treasurer shall serve for an indefinite term until resignation, inability to serve, or until removed from office by the appointing authority under Section 2.14.010 of the Municipal Code of the City of San Clemente.
Section 3. The City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions.
599
Resolution No. 24-171 Page 2
PASSED AND ADOPTED this _____ day of ____________________, _______.
ATTEST:
___________________________ __________________________
City Clerk of the City of Mayor of the City of San
San Clemente, California Clemente, California
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
CITY OF SAN CLEMENTE )
I, LAURA CAMPAGNOLO, City Clerk of the City of San Clemente, California, do hereby certify that Resolution No. 24-171 was adopted at a regular meeting of the City Council of the City of San Clemente held on the _______ day of _______________________, _________, by the following vote:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Clemente, California, this _____ day of _________________, ________. __________________________
CITY CLERK of the City of
San Clemente, California
Approved as to form:
_____________________________
Elizabeth A. Mitchell, City Attorney
600
Attachment 5
ORDINANCE NO. 1783
AN ORDINANCE OF THE CITY COUNCIL OF THE
CITY OF SAN CLEMENTE, CALIFORNIA, AMENDING
SAN CLEMENTE MUNICIPAL CODE SECTIONS
2.10.010 AND 2.08.090, VESTING AUTHORITY IN
THE CITY MANAGER TO APPOINT THE CITY CLERK
WHEREAS, the City Council, at its meeting of June 7, 2022, added a Ballot Measure to the General Municipal Election of November 8, 2022 for the voters to determine whether the City Clerk should remain elected, or if they should be appointed by City Council or Staff; and
WHEREAS, the majority of voters approved this measure, approving the transition of the City Clerk position from an elected position to an appointed position, effective at the end of the 2020-2024 term; and
WHEREAS, on November 8, 2022, the City adopted Ordinance No. 1746, which established the appointive office of the City Clerk; and WHEREAS, pursuant to California Government Code Section 36510 and Ordinance No. 1746, the City Council may by ordinance vest in the City Manager its authority to appoint the City Clerk; and
WHEREAS, the City Council desires to amend Sections 2.10.010 and 2.08.090 of the Municipal Code to vest in the City Manager its authority to appoint the City Clerk.
NOW, THEREFORE, the City Council of the City of San Clemente, California, hereby ordains as follows:
Section 1: Recitals and Scope
The recitals above are true and incorporated fully into this Ordinance. The scope of this Ordinance is for the appointment of the Office of the City Clerk. This Ordinance is subject to the limitations set and superseded by state and federal law.
Section 2: Amendment to San Clemente Municipal Code section 2.10.010 Section 2.10.010 of the Municipal Code of the City of San Clemente is hereby amended to read in its entirety as follows (underlines indicate additions and strikeouts indicate deletions):
2.10.010 - Office established—Appointment and compensation.
Pursuant to California Government Code Sections 36501 and 36508, there is hereby established the office of City Clerk. The City Clerk shall be appointed by, and shall serve at the pleasure of, the City Council Manager and shall not be 601
Ordinance No. 1783 Page 2
required to be a resident or elector of the City. The City Clerk shall receive such compensation as shall be fixed from time to time by resolution or ordinance of the City Council. Notwithstanding the above, p Pursuant to Government Code Section 36510, the City Council may, hereby ordinance, vests in the City Manager its authority to appoint the City Clerk.
Section 3: Amendment to San Clemente Municipal Code section 2.08.090(B) Section 2.08.090(B) of the Municipal Code of the City of San Clemente is hereby amended to read in its entirety as follows (underlines indicate additions and strikeouts indicate deletions):
B. Appointment, etc., of Officers and Employees. To appoint, promote, discipline, demote and remove all heads of departments and all subordinate officers and employees of the City, except the City Attorney, City Clerk and City Treasurer; to transfer employees from one department to another and to consolidate or combine offices, positions, departments or units under his or her jurisdiction.
Section 4: The City Clerk shall certify to the passage of this ordinance and cause the same to be published as required by law, and the same shall take effect as provided by law.
Section 5: Effective Date. This Ordinance shall become effective 30 days after adoption.
INTRODUCED AND FIRST READ at a regular meeting of the City Council of the City of San Clemente, California, on the 19th day of November, 2024.
APPROVED AND ADOPTED at a regular meeting of the City Council of the City of San Clemente, California, on _____day of _________________, 2024.
ATTEST:
_______________________________ ___________________________ City Clerk of the City of Mayor of the City of San
San Clemente, California Clemente, California
602
Ordinance No. 1783 Page 3
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN CLEMENTE )
I, LAURA CAMPAGNOLO, City Clerk of the City of San Clemente, California, hereby
certify that Ordinance No. 1783 having been regularly introduced at the meeting of _______________________, was again introduced, the reading in full thereof unanimously waived, and duly passed and adopted at a regular meeting of the City Council held on the _____day of _____________, _______, and said ordinance was adopted by the following vote:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Clemente, California, this _____ day of ______________________, ________.
__________________________
CITY CLERK of the City of
San Clemente, California
APPROVED AS TO FORM:
_____________________________
Elizabeth A. Mitchell, City Attorney
603
Attachment 6
ORDINANCE NO. 1782
AN ORDINANCE OF THE CITY COUNCIL OF THE
CITY OF SAN CLEMENTE, CALIFORNIA, AMENDING
SAN CLEMENTE MUNICIPAL CODE SECTIONS
2.14.010 AND 2.08.090, VESTING AUTHORITY IN
THE CITY MANAGER TO APPOINT THE CITY
TREASURER
WHEREAS, the City Council, at its meeting of June 7, 2022, added a Ballot Measure to the General Municipal Election of November 8, 2022 for the voters to determine whether the City Treasurer should remain elected, or if they should be appointed by City Council or Staff; and
WHEREAS, the majority of voters approved this measure, approving the transition of the City Treasurer position from an elected position to an appointed position, effective at the end of the 2020-2024 term; and
WHEREAS, on November 8, 2022, the City adopted Ordinance No. 1747, which established the appointive office of the City Treasurer; and WHEREAS, pursuant to California Government Code sections 36510 and Ordinance No. 1747, the City Council may by ordinance vest in the City Manager its authority to appoint the City Treasurer; and
WHEREAS, the City Council desires to amend Sections 2.14.010 and 2.08.090 of the Municipal Code to vest in the City Manager its authority to appoint the City Treasurer.
NOW, THEREFORE, the City Council of the City of San Clemente, California, hereby ordains as follows:
Section 1: Recitals and Scope
The recitals above are true and incorporated fully into this Ordinance. The scope of this Ordinance is for the appointment of the Office of the City Treasurer. This Ordinance is subject to the limitations set and superseded by state and federal law.
Section 2: Amendment to San Clemente Municipal Code section 2.14.010 Section 2.14.010 of the Municipal Code of the City of San Clemente is hereby amended to read in its entirety as follows (underlines indicate additions and strikeouts indicate deletions):
2.14.010 - Office established—Appointment and compensation.
Pursuant to California Government Code Sections 36501 and 36508, there is hereby established the office of City Treasurer. The City Treasurer shall be 604
Ordinance No. 1782 Page 2
appointed by, and shall serve at the pleasure of, the City Council Manager and shall not be required to be a resident or elector of the City. The City Treasurer shall receive such compensation as shall be fixed from time to time by resolution or ordinance of the City Council. Notwithstanding the above, pPursuant to Government Code Section 36510, the City Council may, hereby ordinance, vests in the City Manager its authority to appoint the City Treasurer.
Section 3: Amendment to San Clemente Municipal Code section 2.08.090(b) Section 2.08.090(B) of the Municipal Code of the City of San Clemente is hereby amended to read in its entirety as follows (underlines indicate additions and strikeouts indicate deletions):
B. Appointment, etc., of Officers and Employees. To appoint, promote, discipline, demote and remove all heads of departments and all subordinate officers and employees of the City, except the City Attorney, City Clerk and City Treasurer; to transfer employees from one department to another and to consolidate or combine offices, positions, departments or units under his or her jurisdiction.
Section 4: The City Clerk shall certify to the passage of this ordinance and cause the same to be published as required by law, and the same shall take effect as provided by law.
Section 5: Effective Date. This Ordinance shall become effective 30 days after adoption.
INTRODUCED AND FIRST READ at a regular meeting of the City Council of the City of San Clemente, California, on the 19th day of November, 2024.
APPROVED AND ADOPTED at a regular meeting of the City Council of the City of San Clemente, California, on _____day of _________________, 2024.
ATTEST:
_______________________________ ___________________________ City Clerk of the City of Mayor of the City of San
San Clemente, California Clemente, California
605
Ordinance No. 1782 Page 3
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN CLEMENTE )
I, LAURA CAMPAGNOLO, City Clerk of the City of San Clemente, California, hereby
certify that Ordinance No. 1782 having been regularly introduced at the meeting of _______________________, was again introduced, the reading in full thereof unanimously waived, and duly passed and adopted at a regular meeting of the City Council held on the _____day of _____________, _______, and said ordinance was adopted by the following vote:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Clemente, California, this _____ day of ______________________, ________.
__________________________
CITY CLERK of the City of
San Clemente, California
APPROVED AS TO FORM:
_____________________________
Elizabeth A. Mitchell, City Attorney
606
910 Calle Negocio
2nd Floor
San Clemente, California
www.san-clemente.org
AGENDA REPORT
CITY OF SAN CLEMENTE
CITY COUNCIL MEETING
CITY OF SAN CLEMENTE 1
Meeting Date: November 19, 2024 Agenda Item: 10B.
Submitted By: Community Development
Prepared By: Adam Atamian, Community Development Director Subject:
..titl e
INTRODUCTION (FIRST READING) OF AN ORDINANCE, AMENDING MUNICIPAL CODE SECTIONS 8.48.070, 8.48.090, 12.34.020 AND 12.34.040 RELATED TO AMPLIFIED SOUND
AND SPECIAL EVENT PERMITS, AND FINDING THE ORDINANCE IS EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT ..body
Fiscal Impact:
If this ordinance is adopted, the use of amplified sound in public spaces will require a City-issued permit or approval. With an increase in permits issued, it is expected annual permit revenue will increase with a total uncertain. A small event in a park with amplified sound costs about $300; however, the permit fees vary depending on multiple factors, including the size and location of a special event. Any new revenue could cover a portion of staff expenses to manage special events and respond to noise complaints.
Summary:
The proposed ordinance updates regulations for special events and noise in San Clemente Municipal Code (SCMC) Chapter 8.48, Noise Control, and SCMC Chapter 12.34, Special Event Permits. These changes are to improve staff’s ability to manage amplified sound use in public spaces. The amendments refine a framework in the Municipal Code to protect free speech in public spaces with reasonable time, place and manner regulations of impacts, including noise, that are to protect public peace, health, and safety. If the ordinance is adopted, a Special Event Permit will be required to allow amplified sound in public spaces. The proposed ordinance also makes minor changes to clarify existing regulations.
Background:
The City has received numerous complaints over an extended period of time about the usage of bullhorns and other amplified sound in public spaces that raised questions about whether a permit is required to amplify sound in public spaces. On October 5, 2021, the City Council adopted Ordinance 1717 to: (1) provide a regulatory framework for permitting special events, (2) protect property owners, business owners, and the general public from negative secondary impacts that may be generated by special events, and (3) protect the rights of people to engage in expressive activities in a reasonable and minimally restrictive manner. Under this current framework, a special event permit (SEP) is required to allow special events on public property. If an event is spontaneous, expressive activities in public forums are exempt if the organizer provides essential information to the City Manager 48 hours in advance of the event. “Special events” subject to an SEP are defined in detail within Chapter 12.34. Examples of activities include organized activities less than 30 days, and at any time with 50 or more people, or 20 or more people at a small City Park. Special events also include use of City property that is 607
Meeting Date: November 19, 2024 Agenda Item: 10B.
CITY OF SAN CLEMENTE 2
“inconsistent with the permanent or ordinary use to which the property is dedicated or ordinarily used and results in adverse impacts to public property or the public’s free use of public property…” This includes an activity that is “likely to result in noise with a sustained volume of more than 65 dB (A) for more than one hour or 80 dB (A) for any duration of time.” For more background and details on the special event definition and permit process, the October 5, 2021 City Council report packet is provided online at this link.
The “noise criteria” for requiring an SEP, cited above, does not specifically mention amplified sound as a type of noise that requires a permit. Therefore, to determine if an SEP is required, staff must rely on using a noise meter in the field to confirm if amplified sound exceeds the indicated noise threshold. This does not provide a proactive, efficient, or predictable means for City staff to effectively and efficiently manage use of amplified sound in public spaces. Staff has prepared the proposed ordinance to address these limitations of the current code. The proposed code amendments are summarized below, and shown in redline within Attachment 2.
Amend Definition of “Special Event”
The ordinance amends the definition of “Special Event” in Municipal Code Section 12.34.020 to include mention of amplified sound use in the noise criteria for requiring an SEP, in addition to the existing noise threshold mentioned above. This means that the use of amplified sound would be clearly included within the framework for permitting and regulating special events. By making this change, the City would have advanced notice of people wishing to use amplified sound in public spaces, assuming the code is followed. If an SEP is not obtained, Code Compliance and Park Ranger staff will have greater ability to determine if there is a code violation.
Add Definition of “Amplified Sound” to Special Event Permit Chapter The ordinance adds the definition of “amplified sound” to Chapter 12.34 for clarification to implement the SEP process. The proposed definition is for amplified sound to mean “sound whose volume has been made louder by any electric, electronic, mechanical, or motor-powered means using equipment like speakers, sound systems, stereos, or bullhorns.” Code Clarifications
The proposed ordinance also includes several minor code clean ups in Municipal Code Sections
8.48.070(B) and (C), 8.48.090(B), and 12.34.040 to correct references to permit types and code section numbers. For example, the special events ordinance refers to “Special Activity Permits” to allow special events on nonresidential private property. This permit no longer exists. In 2023, a streamlining ordinance consolidated several permit types so that now Temporary Use Permits are required for special activities. Additionally, the proposed amendment clarifies when the use of amplified sound is and is not allowed on private property and during “expressive activities.” Council Options:
Introduce and conduct the first reading of Ordinance No. 1785. Revise, introduce and conduct the first reading of Ordinance No. 1785. Continue the item and direct staff to provide additional information. Do not introduce Ordinance No. 1785.
608
Meeting Date: November 19, 2024 Agenda Item: 10B.
CITY OF SAN CLEMENTE 3
Environmental Review/Analysis:
Staff recommends the City Council find the ordinance is not subject to the California Environmental Quality Act (CEQA). The ordinance is not a “project” according to State CEQA Guidelines Section 15378, given the ordinance has no potential "for resulting in a direct physical change in the environment, or a reasonably foreseeable indirect physical change in the environment.” The ordinance refines, not lessens, regulations for special events to address amplified sound use in public spaces.
Recommended Actions:
Staff Recommendation ..recommendation
Introduce and conduct a first reading of Ordinance No. 1785 entitled: AN ORDINANCE OF THE
CITY COUNCIL OF THE CITY OF SAN CLEMENTE, CALIFORNIA, AMENDING MUNICIPAL CODE SECTIONS 8.48.070, 8.48.090, 12.34.020 AND 12.34.040, RELATING TO REQUIRING A
SPECIAL EVENT PERMIT TO ALLOW AMPLIFIED SOUND IN PUBLIC SPACES AND MAKING RELATED
MINOR CODE CLARIFICATIONS RELATING TO SPECIAL EVENT PERMITS AND NOISE
REQUIREMENTS, AND FINDING THE ORDINANCE IS EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT.
..end
Attachment:
1. Ordinance No. 1785
2. Redline showing proposed Municipal Code amendments
Notification:
None.
609
ATTACHMENT 1
ORDINANCE NO. 1785
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF SAN CLEMENTE, CALIFORNIA, AMENDING
MUNICIPAL CODE SECTIONS 8.48.070, 8.48.090,
12.34.020 AND 12.34.040 RELATING TO REQUIRING A
SPECIAL EVENT PERMIT TO ALLOW AMPLIFIED SOUND
IN PUBLIC SPACES AND MAKING RELATED MINOR
CODE CLARIFICATIONS RELATING TO SPECIAL EVENT
PERMITS AND NOISE REQUIREMENTS, AND FINDING
THE ORDINANCE IS EXEMPT FROM THE CALIFORNIA
ENVIRONMENTAL QUALITY ACT
WHEREAS, the City’s special events ordinance protects the public’s right to engage in free speech and assembly in public spaces and protect public peace, health, and safety by reasonably regulating the time, place, and manner of special events with reasonable and minimally restrictive regulation of traffic, noise, aesthetics, and other impacts of activities, and having a streamlined permitting process for special events; and WHEREAS, successful management of special events on public property can require the dedication of public services and resources, such as City law enforcement, staff oversight, and additional facility maintenance, which in certain circumstances are more appropriately borne by event organizers than the public at large; and WHEREAS, successful management of special events on City property requires involvement of and coordination with City staff to determine whether the events are compatible in size and type of use with the proposed event site, considering factors such as the site's location, layout and facilities, time of day, whether adequate City services are available for the events, whether the events unduly interfere with the City's ability to provide services to the entire community, and whether impacts between competing uses of the public space can be adequately harmonized; and WHEREAS, the Municipal Code provides a framework for permitting “special events”, defined in part based on whether an activity produces noise “with a sustained volume of more than 65 dB (A) for more than one hour or 80 dB (A) for any duration of time”; and
WHEREAS, the City Council is concerned that current provisions of the San Clemente special events ordinance and noise ordinance do not provide a proactive, efficient, or predictable means for City staff to efficiently and effectively manage use of amplified sound in public spaces because staff must use noise meters at an event to verify whether activity produces noise in excess of the threshold (stated above) that is subject to a special event permit; and
610
Ordinance No. 1785 Page 2
WHEREAS, in response to public complaints about this issue, the City Council wishes to amend Municipal Code Section 8.48.070, 8.48,090, 12.34.020, and 12.34.040 to: 1) require approval of a Special Event Permit to allow amplified sound in public spaces, 2) clean up incorrect referenced code sections and permit types, and 3) clarify amplified sound is one of the listed “special event” activities exempt from the Noise Ordinance with a Special Event Permit or other City-issued permit; and WHEREAS, on November 19, 2024, the City Council considered the agenda report, any written and oral testimony received from the public, and other evidence in the record for this Ordinance.
NOW, THEREFORE, the City Council of the City of San Clemente does ordain as follows:
Section 1: Recitals. The recitals above are each incorporated herein fully by reference and adopted as findings of the City Council.
Section 2: CEQA Findings. Based upon its review of the entire record as a whole, the City Council finds and determines that this Ordinance is not subject to the California Environmental Quality Act (CEQA), given that the ordinance is not a “project” according to State CEQA Guidelines Section 15378, given the ordinance has no potential "for resulting in a direct physical change in the environment, or a reasonably foreseeable indirect physical change in the environment.” The ordinance updates reasonable and minimally restrictive regulations for special events to address amplified sound use in public spaces.
Section 3: Specific Noises Prohibited. San Clemente Municipal Code Section
8.48.070 (B) and (C) are amended to read, in their entirety, as follows:
B. Radios, phonographs, etc. on Private Property or Within Vehicles in Public.
Operating, playing or permitting the operation or playing of any radio, receiving set, television set, phonograph, drum, musical instrument, or similar device, on private property or within vehicles in public, which produces or reproduces sound:
1. In such manner as to disturb the peace, quiet and comfort of a person of normal sensitiveness.
2. At any time with louder volume than is necessary to provide convenient hearing of the device by voluntary listeners located in the same room, vehicle or chamber as the device.
3. Between the hours of ten (10:00) p.m. and seven (7:00) a.m. in such a manner as to create a noise disturbance across a residential or commercial real property line or at any time to violate the provisions of Sections 8.48.050 and
8.48.060.
C. Loudspeakers, amplifiers in Public. The using, operating or permitting to be played, used or operated of any radio receiving set, musical instrument, phonograph, loudspeaker, sound amplifier or other machine or device, outside of 611
Ordinance No. 1785 Page 3
a vehicle in public, for the producing or reproducing of sound which is cast upon the public streets for any purpose, except as permitted in Section 17.24.055, Commercial Amplified Sound, or conducted pursuant to a Special Event Permit, Temporary Use Permit, or other City-issued approval.
Section 4: Noise Control, Exemptions from Chapter. San Clemente Municipal Code Section 8.48.090(B) is amended to read, in its entirety, as follows:
B. Any events (including outdoor gatherings, public dances, shows, amplified sound use, sporting and entertainment events) conducted pursuant to a Special Event Permit, Temporary Use Permit, or other City-issued approval.
Section 5: Special Events Permits, Definitions. The definition of “Special Event” in San Clemente Municipal Code in Section 12.34.020 is amended to read, in its entirety, as follows:
"Special event" means:
A. Any organized activity, or persons participating in an organized activity having a common purpose on City property for a duration of less than 30 calendar days and involving at any given time during such period 50 or more persons, or involving 20 or more persons in a small City park;
B. Any use of City property which is inconsistent with the permanent or ordinary use to which the property is dedicated or ordinarily used, and results in adverse impacts to public property, or the public's free use of public property because:
1. The activity is inconsistent with the occupancy levels for the subject property;
2. The activity involves the use of signs (as defined in Section 17.84.030 of this code), whether attached to public buildings, structures, ground, or landscaping, or, with the exception of activities meeting the definition of "Expressive Activity" (as defined in this chapter), handheld signs;
3. The activity includes the placement of temporary structures or devices attached to public property in any manner, or includes the use of temporary structures or devices of combined total area of more than 64 square feet;
4. The activity involves the use of amplified sound or is likely to result in noise with a sustained volume of more than 65 dB (A) for more than one hour or 80 dB (A) for any duration of time;
5. The intensity of the activity is likely to result in permanent or temporary damage to public buildings, structures, or landscaping, including, but not limited to, litter, turf damage, or any unsanitary conditions; or 612
Ordinance No. 1785 Page 4
C. Any organized activity, regardless of the number of persons involved, where goods or services are offered, with or without cost, to members of the public, whether directly associated with the event organizers or participants or not; or D. Any event, regardless of the number of persons involved, requiring full or partial closure of, or impedes access to, any portion of the right-of-way, which occurs on a public street, sidewalk, alley, or other public right-of-way, and/or any event occurring on any public property or public right-of-way which is likely to obstruct, delay or interfere with the normal flow of pedestrian or vehicular traffic, including access to path-of-travel or accessible facilities required by the Americans with Disabilities Act (ADA), access to public transit, public parking, public parks, public institutions, including Police and Fire stations and schools, public and private medical offices and hospitals, business access, or coastal or beach access or use.
The following list of examples is illustrative, but not determinative, of activities that may constitute "special events":
1. Motorized vehicle races or contests.
2. Non-motorized vehicle races or contests.
3. Carnivals, circuses, fairs, festivals, non-domesticated animal acts or exhibitions, and similar activities.
4. Any event with mechanical amusement rides.
5. Promotional or fundraising activities.
6. Parades.
7. Outdoor shows, movies, concerts and exhibitions.
8. Outdoor craft fairs, soapbox derbies, or other similar events.
9. Beach cleanups.
10. Surf competitions.
Section 4: Special Events Permits, Definitions. The definition of “Amplified Sound” in San Clemente Municipal Code in Section 12.34.020 is added to read as follows, with existing definitions reordered alphabetically:
“Amplified Sound” means sound whose volume has been made louder by any electric, electronic, mechanical, or motor-powered means using equipment like speakers, sound systems, stereos, or bullhorns.
Section 5: Exceptions to the special event permit requirement. San Clemente Municipal Code in Section 12.34.040 is amended to read, in its entirety, as follows:
A special event permit is not required for:
613
Ordinance No. 1785 Page 5
A. Any event conducted pursuant to the following:
1. A temporary use permit issued by the Community Development Department as provided in Chapters 17.16 and 17.28 of this code;
2. A sidewalk vending permit issued by the Finance Department as provided in Chapter 5.50 of this code;
3. A street vending permit issued by the Finance Department as provided in Chapter 5.52 of this code; or
4. A filming permit issued by the Beaches, Parks & Recreation Department as provide in Chapter 5.44 of this code.
B. Any organized activity within the scope of a conditional use permit or other land use approval given or required for that use.
C. Any expressive activity on a City street, sidewalk, or park, that does not involve use of amplified sound, on condition that within 48 hours of such activity, or within such time is practicable for expressive activity that would otherwise constitute a spontaneous special event, any individual(s) or organization(s) leading or participating in such activity provides the City Manager with the information listed in subsections 12.34.070(A)(1), (3), (4), (5), (6), (13), and (21).
D. Funeral processions by a licensed mortuary or funeral home.
E. Activities conducted by a government agency acting within the scope of its authority.
Section 6: Publication. The City Clerk shall certify to the adoption of this ordinance by the City Council and cause it, or a summary of it, to be published once within 15 days of adoption in a newspaper of general circulation printed and published within the City of San Clemente, and shall post a certified copy of this ordinance, including the vote for and against the same, in the Office of the City Clerk in accordance with California Government Code Section 36933.
Section 7: Records. The documents and materials associated with this ordinance that constitute the record of proceedings on which the City Council’s findings and determinations are based are located at City Hall, 910 Calle Negocio, San Clemente, CA 92673.
Section 8: Severability. If any provision of this ordinance or its application to any person or circumstance is held invalid, such invalidity has no effect on the other provisions or applications of the ordinance that can be given effect without the invalid provision or application, and to this extent, the provisions of this ordinance are severable. The City Council declares that it would have adopted this ordinance irrespective of the invalidity of any portion thereof.
614
Ordinance No. 1785 Page 6
Section 9: Effective Date. This Ordinance shall become effective 30 days after its adoption.
Section 10: Certification. The City Clerk shall certify to the passage of this ordinance and cause the same to be published as required by law, and the same shall take effect as provided by law.
APPROVED AND ADOPTED this _____day of _________________, ________.
ATTEST:
_______________________________ ___________________________ City Clerk of the City of Mayor of the City of San
San Clemente, California Clemente, California
615
Ordinance No. 1785 Page 7
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN CLEMENTE )
I, LAURA CAMPAGNOLO, City Clerk of the City of San Clemente, California, hereby certify that Ordinance No. 1785 having been regularly introduced at the meeting of _______________________, was again introduced, the reading in full thereof unanimously waived, and duly passed and adopted at a regular meeting of the City Council held on the _____day of _____________, _______, and said ordinance was adopted by the following vote:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Clemente, California, this _____ day of ______________________, ________.
__________________________
CITY CLERK of the City of
San Clemente, California
APPROVED AS TO FORM:
________________________________
Elizabeth A. Mitchell, CITY ATTORNEY
616
Redline Proposed Code Amendments ATTACHMENT 2
Specific Noises Prohibited. San Clemente Municipal Code Sections 8.48.070 (B) and (C) are amended as follows:
B. Radios, phonographs, etc. on Private Property or Within Vehicles in Public.
Operating, playing or permitting the operation or playing of any radio, receiving set, television set, phonograph, drum, musical instrument, or similar device, on private property or within vehicles in public, which produces or reproduces sound:
1. In such manner as to disturb the peace, quiet and comfort of a person of normal sensitiveness.
2. At any time with louder volume than is necessary to provide convenient hearing of the device by voluntary listeners located in the same room, vehicle or chamber as the device.
3. Between the hours of ten (10:00) p.m. and seven (7:00) a.m. in such a manner as to create a noise disturbance across a residential or commercial real property line or at any time to violate the provisions of Sections 8.48.050 and
8.48.060.
C. Loudspeakers, amplifiers in Public. The using, operating or permitting to be played, used or operated of any radio receiving set, musical instrument, phonograph, loudspeaker, sound amplifier or other machine or device, outside of a vehicle in public, for the producing or reproducing of sound which is cast upon the public streets for any purpose, except as permitted in Section 17.24.055, Commercial Amplified Sound, or conducted pursuant to a Special Event Permit, Temporary Use Permit, or other City-issued approval.
Noise Control, Exemptions from Chapter. San Clemente Municipal Code Section
8.48.090(B) is amended as follows:
B. Any events (including outdoor gatherings, public dances, shows, amplified sound use, and sporting and entertainment events) conducted pursuant to a Special Event Permit, Temporary Use Permit, or other City-issued approval.
Special Event Permits, Definitions. The definition of “Special Event” in San Clemente Municipal Code in Section 12.34.020 is amended to read as follows:
"Special event" means:
A. Any organized activity, or persons participating in an organized activity having a common purpose on City property for a duration of less than 30 calendar days and involving at any given time during such period 50 or more persons, or involving 20 or more persons in a small City park;
B. Any use of City property which is inconsistent with the permanent or ordinary use to which the property is dedicated or ordinarily used, and results in adverse impacts to public property, or the public's free use of public property because:
617
1. The activity is inconsistent with the occupancy levels for the subject property;
2. The activity involves the use of signs (as defined in Section 17.84.00 of this code), whether attached to public buildings, structures, ground, or landscaping, or, with the exception of activities meeting the definition of "Expressive Activity" (as defined in this chapter), handheld signs;
3. The activity includes the placement of temporary structures or devices attached to public property in any manner, or includes the use of temporary structures or devices of combined total area of more than 64 square feet;
4. The activity involves the use of amplified sound or is likely to result in noise with a sustained volume of more than 65 dB (A) for more than one hour or 80 dB (A) for any duration of time;
5. The intensity of the activity is likely to result in permanent or temporary damage to public buildings, structures, or landscaping, including, but not limited to, litter, turf damage, or any unsanitary conditions; or C. Any organized activity, regardless of the number of persons involved, where goods or services are offered, with or without cost, to members of the public, whether directly associated with the event organizers or participants or not; or D. Any event, regardless of the number of persons involved, requiring full or partial closure of, or impedes access to, any portion of the right-of-way, which occurs on a public street, sidewalk, alley, or other public right-of-way, and/or any event occurring on any public property or public right-of-way which is likely to obstruct, delay or interfere with the normal flow of pedestrian or vehicular traffic, including access to path-of-travel or accessible facilities required by the Americans with Disabilities Act (ADA), access to public transit, public parking, public parks, public institutions, including Police and Fire stations and schools, public and private medical offices and hospitals, business access, or coastal or beach access or use.
The following list of examples is illustrative, but not determinative, of activities that may constitute "special events":
1. Motorized vehicle races or contests.
2. Non-motorized vehicle races or contests.
3. Carnivals, circuses, fairs, festivals, non-domesticated animal acts or exhibitions, and similar activities.
4. Any event with mechanical amusement rides.
5. Promotional or fundraising activities.
6. Parades.
7. Outdoor shows, movies, concerts and exhibitions.
8. Outdoor craft fairs, soapbox derbies, or other similar events. 618
9. Beach cleanups.
10. Surf competitions.
Special Events Permits, Definitions. The definition of “Amplified Sound” in San Clemente Municipal Code in Section 12.34.020 is added to read as follows, with existing definitions reordered alphabetically:
“Amplified Sound” means sound whose volume has been made louder by any electric, electronic, mechanical, or motor-powered means using equipment like speakers, sound systems, stereos, or bullhorns.
Exceptions to the special event permit requirement. San Clemente Municipal Code in Section 12.34.040 is amended to read as follows:
A special event permit is not required for:
A. Any event conducted pursuant to the following:
1. A temporary use permit issued by the Community Development Department as provided in Chapters 17.16 and 17.28 of this code;
2. A sidewalk vending permit issued by the Finance Department as provided in Chapter 5.50 of this code;
3. A street vending permit issued by the Finance Department as provided in Chapter 5.52 of this code; or
4. A filming permit issued by the Beaches, Parks & Recreation Department as provide in Chapter 5.44 of this code.
B. Any organized activity within the scope of a conditional use permit or other land use approval given or required for that use.
C. Any expressive activity on a City street, sidewalk, or park, that does not involve the use of amplified sound, on condition that within 48 hours of such activity, or within such time is practicable for expressive activity that would otherwise constitute a spontaneous special event, any individual(s) or organization(s) leading or participating in such activity provides the City Manager with the information listed in subsections 12.34.070(A)(1),(3), (4), (5), (6), (13), and (21).
D. Funeral processions by a licensed mortuary or funeral home.
E. Activities conducted by a government agency acting within the scope of its authority.
619
910 Calle Negocio
2nd Floor
San Clemente, California
www.san-clemente.org
AGENDA REPORT
CITY OF SAN CLEMENTE
CITY COUNCIL MEETING
CITY OF SAN CLEMENTE 1
Meeting Date: November 19, 2024 Agenda Item: 10C.
Submitted By: Beaches, Parks and Recreation
Prepared By: Samantha Wylie, Beaches, Parks & Recreation Director Subject:
..titl e
CONSIDERATION OF ACCEPTING A DONATION FOR THE CONSTRUCTION OF A PUMP TRACK AT RICHARD T. STEED MEMORIAL PARK, AMENDING THE FY 2024-25 CAPITAL
IMPROVEMENT PROGRAM, AND OPTIONS FOR PROJECT SCOPE, AND MAKING FINDINGS UNDER THE CALIFORNIA ENVIRONMENTAL QUALITY ACT ..body Fiscal Impact:
The estimated cost of a 10,000-square-foot pump track is $300,000, while the estimated cost of an 18,000-square-foot track is $600,000. The donation value for City Council’s consideration is $320,000, covering 100% of the smaller track, or approximately 50% of the larger track.
Approving the larger track construction would require an appropriation of $300,000 in funding from the Parks Acquisition Fund balance ($100,000) and a reallocation or reduction of $200,000 from another CIP project currently funded through the Parks Acquisition Fund. For such a reallocation, staff recommends that the City Council reduce the funding of the Vista Hermosa Sports Park Meadows Development (Project #15108) by 50%. With the remaining balance, the Meadows Project would focus on ADA upgrades to the site, and the existing turf would remain in its current condition as a meadow mix, supporting some sports use for practices.
If the City Council chooses to pursue the larger track, the City’s CIP for FY 2024-25 would need to be amended accordingly, and the scope of the Meadows Project would be adjusted to focus on accessibility upgrades while keeping the turf in a meadow mix condition.
Additionally, staff is seeking City Council approval to pursue alternate grant funds from the Land and Water Conservation Fund when they become available in early 2025. For grant funds, this program requires a 50% match for projects, which the pump track would qualify for, as would the Meadows Project.
Summary:
The City Council is requested to consider acceptance of $320,000 in donations from Shimano Inc. ($200,000), the Friends of San Clemente Beaches, Parks & Recreation Foundation ($100,000), and the Orange County Mountain Bike Association ($20,000). The funds are intended for the construction of a pump track at Richard T. Steed Memorial Park (“Steed Park”), which was approved in the most recent update to the Steed Park Master Plan. The pump track, designed as an asphalt course for bicycles and other non-motorized equipment, will be maintained and operated by the City. Additionally, this could be utilized as a multipurpose track for skateboarders. 620
Meeting Date: November 19, 2024 Agenda Item: 10C.
CITY OF SAN CLEMENTE 2
The City Council is further requested to consider options for the project scope to include a 10,000-square-foot (Option 1) track or an 18,000-square-foot track (Option 2). Based on City Council deliberations and decision, staff is seeking City Council approval to amend the Fiscal Year 2024-25 Capital Improvement Program (“CIP”) to appropriate funds for the project.
Staff recommends Option 2, constructing an 18,000 square-foot pump track to fully maximize the project area and meet the vision established in the Steed Park Master Plan. The additional investment would provide a facility that better accommodates projected usage and fulfills community and sponsor expectations.
Background:
In 2023, the City Council adopted an update to the Steed Park Master Plan (Attachment 2).
Among several of the proposed upgrades to finish the development of the park, the master plan included modifying the existing dog park areas and converting them to a mountain bike pump track arena. The conceptual design included two pump track areas, one of asphalt and one of dirt. The geographical area is noted in the exhibit below.
This donation of $320,000 reflects strong community support and the commitment of local organizations to enhance recreational amenities within the City. The pump track will serve as a dynamic feature for users of all ages and skill levels, promoting outdoor activity, health, and community engagement – all key elements within the mission and vision of the Beaches, Parks & Recreation Department.
In exchange for the donation, Shimano is requesting that its signature blue stripe be painted along the edge of the asphalt track and that the organization be permitted to feature the project 621
Meeting Date: November 19, 2024 Agenda Item: 10C.
CITY OF SAN CLEMENTE 3
as part of its community engagement marketing series. This series showcases successful pump projects that were initiated and completed through a private-public partnership. Shimano, OCMBTA and the Friends Foundation will be recognized with a plaque at the site that identifies the City and each organization’s contributions and role in the project. Lastly, the plaque will acknowledge the efforts of the late John Cuchessi, a San Clemente native and owner of the San Clemente Cyclery for over 35 years. This track concept was inspired by his commitment and passion to the mountain bike industry and sharing the positive impact the cycling can have on many generations. None of the organizations have requested nor would be granted exclusive use or naming rights to the park.
Design and Construction Options
The City Council has two options for utilizing the donated funds and planning the construction of the pump track:
Option 1: 10,000 Square-Foot Pump Track with Donated Funds Only Under this option, the City would proceed with a design and construction plan for a 10,000- square-foot pump track using only the $320,000 in donated funds. This option provides a modestsized facility, fitting within the current budget constraints without additional City funding.
The impact of this approach would yield a functional pump track, though it would not fully utilize the entire designated footprint of the area as outlined in the master plan.
Option 2: 18,000 Square-Foot Pump Track with Supplemental City Funding This option would allow for an expanded 18,000 square-foot pump track, using the donated $320,000 in combination with additional City and/or grant funding. The City could appropriate funds from the Park Acquisition Fund and reallocate resources from the previously approved Vista Hermosa Meadows CIP project and staff would apply for grants. 622
Meeting Date: November 19, 2024 Agenda Item: 10C.
CITY OF SAN CLEMENTE 4
The impact of the larger design would better fulfill the intended footprint for the pump track as envisioned in the Steed Park Master Plan, providing an enhanced amenity that more comprehensively meets the recreational needs of the community and future users.
Impact on Existing Baron Von Willard Dog Park
The construction of the pump track will require the large dog park space to be eliminated. Staff anticipates allowing both large and small dogs to access the remaining dog park space across Calle Extremo.
Acknowledging the importance of dog-friendly park spaces and to further increase off-leash access, staff is implementing the City Council’s previous direction to design and construct two new dog parks at San Luis Rey and San Gorgonio Parks. These spaces will be completed over two years and in two phases. The design phase (Phase 1) is funded in the current FY 2024-25 CIP and construction (Phase 2) is funded in the FY 2025-26 CIP budget.
Council Options:
Direct staff to proceed with the design and construction of an approximately 10,000- square-foot pump track with funding.
Direct staff to proceed with the design and construction of an approximately 18,000- square-foot pump track with funding.
Consider reallocating funds from another CIP Project from the Parks Acquisition Fund.
Projects in the FY 2024-25 CIP include:
o VHSP Meadows Development ($400,000)
623
Meeting Date: November 19, 2024 Agenda Item: 10C.
CITY OF SAN CLEMENTE 5
o Skate Park Expansion ($200,000)
o Dog Park Design at San Luis Rey and San Gorgonio Parks ($120,000) o Errant Ball Netting at Vista Bahia and Steed Park ($150,000) Adopt Resolution No. 24-172, which would accept donations from Shimano Inc., the Friends of San Clemente Beaches, Parks & Recreation Foundation, and Orange County Mountain Bike Association, totaling $320,000 cumulatively; and amend the FY 2024-25 Capital Improvement Program to include the pump track project at Richard T. Steed Park with a project scope of Option 2 (18,000 sq. ft.).
Amend and adopt the resolution.
Take no action.
Environmental Review/Analysis:
The pump track project at Steed Park was included in the Initial Study/Mitigated Negative Declaration (“MND”) previously approved by the City Council, which identified potential environmental impacts and corresponding mitigation measures. The IS/MND was certified on May 2, 2023, through the adoption of the site-specific master plan update of Steed Park. See link at Attachment 4. This analysis reaffirms the project’s compliance with the MND and confirms that any environmental impacts have been previously adequately addressed. None of the factors requiring a subsequent environmental impact report or negative declaration are triggered by the project—the project does not create any new changes, conditions, circumstances, or environmental impacts not previously analyzed and addressed in the Steed Park MND, and there is no new information involved that was not available when the MND was certified. The following discussion demonstrates the project’s consistency with the MND:
1. Land Use and Community Impact
The pump track is designed as a low-impact, recreational addition within the existing boundaries of Richard T. Steed Memorial Park. As outlined in the MND, this project aligns with community recreation goals without requiring significant alteration of existing park structures or land use. This enhances community engagement and provides a new outdoor activity space without displacing current park users or altering the surrounding area’s landuse balance.
2. Biological Resources
No protected or endangered species have been identified within the project area. The proposed construction zone has limited vegetation, and all affected plant life will be restored or replaced according to the mitigation plan outlined in the MND.
3. Water Quality and Soil Stability
The pump track design will incorporate permeable materials and strategic drainage systems to reduce water runoff, thereby minimizing potential soil erosion or sediment displacement, consistent with the MND’s requirements. Best Management Practices (BMPs) will be implemented during construction to avoid any contamination of local water resources.
624
Meeting Date: November 19, 2024 Agenda Item: 10C.
CITY OF SAN CLEMENTE 6
4. Noise and Air Quality
Short-term impacts on noise and air quality are anticipated during the construction phase.
The MND specifies noise and dust mitigation measures, including limited construction hours, dust control procedures, and the use of low-emission machinery to minimize disruption. Once complete, the pump track will have no significant noise impact on the surrounding area, as it is designed for non-motorized use, and the pump track will be located approximately one-half mile to the east of the nearest residential developments.
5. Traffic and Parking
The project is not expected to cause significant increases in traffic or parking demand.
Parking capacity within the park has been assessed in the MND, and existing facilities will accommodate the anticipated visitor load. The MND confirms that the pump track will not alter traffic flow patterns, maintaining a safe and accessible environment for park visitors and residents.
6. Cultural and Historic Resources
The MND’s analysis confirmed no adverse impacts on cultural or historical resources within the park as the land has been previously graded. Reflective on the environmental findings, staff will coordinate with the local tribe of the Juaneño Band of Mission Indians – Acjacheman Nation to allow for representatives to be on-site during any or all phases of the construction to allow for adequate monitoring.
Recommended Actions:
Staff Recommendation ..recommendation
Staff recommends the City Council provide direction on the size and development of a pump track at Richard T. Steed Memorial Park; and adopt Resolution No. 24-172, which will:
1. Accept a donation of $200,000 from Shimano Inc., a donation of $100,000 from the Friends of San Clemente Beaches, Parks & Recreation Foundation, and a donation of $20,000 from the Orange County Mountain Bike Association to revenue account #031-000-36790;
2. Authorize the City Manager to execute a funding agreement with Shimano Inc., and the Friends of San Clemente Beaches, Parks & Recreation Foundation Orange County Mountain Bike Association that provides for Shimano’s signature blue stripe be painted along the edge of the asphalt track, permission for Shimano to feature the project as part of its community engagement marketing series, and recognition of Shimano, OCMBTA and the Friends Foundation with a plaque at the site;
3. Approve an amendment to the FY 2024-25 Capital Improvement Program to include a project for the design and construction of a pump track recreation facility at Richard T. Steed Memorial Park at 18,000 square feet;
4. Determine that the project is consistent with the Steed Park Master Plan and is consistent with the environmental findings established in the IS/MND previously certified by the City Council; 625
Meeting Date: November 19, 2024 Agenda Item: 10C.
CITY OF SAN CLEMENTE 7
5. Approve a supplemental appropriation of $100,000 from the Parks Acquisition Fund and $200,000 from CIP Project #15108, “VHSP Meadows Development”, to Account # 031-862- 45300-000 (Parks Acquisition & Development) for the Richard T. Steed Memorial Park Pump Track; and
6. Direct staff to pursue additional funding sources through the Land and Water Conservation Fund for its next immediate funding cycle beginning in 2025. ..end
Attachment:
1. Resolution No. 24-172
2. Steed Park Master Plan Conceptual Overview
3. Funding Allocation Summary for FY 2024-25 CIP Adjustments (Updated Project Sheets)
4. May 2, 2023 Certified Initial Study/Mitigated Negative Declaration for the site-specific master plan update of Steed Park can be found at https://www.sanclemente.org/home/showpublisheddocument/73914/638179343310770000.
Notification:
Friends of San Clemente Beaches, Parks & Recreation Foundation Interested Parties – BP&R Master Plan
Orange County Mountain Bike Association
Shimano Inc.
626
Attachment 1
4854-8225-4841 v2
RESOLUTION NO. 24-172
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN CLEMENTE, CALIFORNIA, ACCEPTING DONATIONS
FROM SHIMANO INC., ORANGE COUNTY MOUNTAIN BIKE
ASSOCIATION, AND FRIENDS OF SAN CLEMENTE
BEACHES, PARKS, AND RECREATION FOUNDATION FOR
THE DEVELOPMENT AND CONSTRUCTION OF A PUMP
TRACK AT RICHARD T. STEED MEMORIAL PARK;
AMENDING THE FISCAL YEAR 2024-25 CAPITAL
IMPROVEMENT PROGRAM TO INCLUDE THIS PUMP
TRACK PROJECT; APPROPRIATING FUNDS FROM THE
PARKS ACQUISITION FUND AND REALLOCATING FUNDS
FROM EXISTING CAPITAL IMPROVEMENT PROGRAM
PROJECT #15108; AND MAKING FINDINGS UNDER THE
CALIFORNIA ENVIRONMENTAL QUALITY ACT
WHEREAS, the City of San Clemente is committed to providing diverse recreational facilities that enhance the quality of life for its residents; and WHEREAS, the Richard T. Steed Memorial Park Master Plan was adopted on May 2, 2023, and included the designation of a Mountain Bike Hub which would provide a dirt and asphalt pump track; and
WHEREAS, Shimano Inc., the Orange County Mountain Bike Association, and the Friends of San Clemente Beaches, Parks, and Recreation Foundation have generously offered donations to support the development and construction of a pump track at Richard T. Steed Memorial Park; and
WHEREAS, a pump track facility would provide a safe and designated space for mountain biking and related recreational activities, contributing to the active lifestyle and enjoyment of the community; and
WHEREAS, the fiscal year 2024-25 Capital Improvement Program (CIP) must be amended to incorporate this new pump track project, ensuring proper allocation and management of resources to meet community recreational needs; and WHEREAS, it has been determined that the scope of the pump track project will include an 18,000-square-foot facility that will provide a sustainable and user-friendly experience for bikers of various skill levels; and
WHEREAS, the City Council seeks to appropriate necessary funds from the Parks Acquisition Fund and reallocate funds from an existing CIP Project #15108 to support the completion of this pump track facility; and
WHEREAS, the scope of this project complies with the previously adopted Park Master Plan and adheres to the environmental findings of the Initial Study and Mitigated 627
Resolution No. 24-172 Page 2
4854-8225-4841 v2
Negative Declaration, which were reviewed, adopted, and certified by the City Council as part of the master plan approval process on May 2, 2023, and there are no changes in the project or the surrounding circumstances, no new environmental impacts, and no new information that require supplemental environmental analyses beyond those contained in the May 2023 Initial Study and Mitigated Negative Declaration.
NOW, THEREFORE, the City Council of the City of San Clemente does hereby find, determine and resolve as follows:
Section 1. That the City Council hereby accepts the donations from Shimano Inc. ($200,000), the OC Mountain Bike Association ($20,000), and the Friends of San Clemente Beaches, Parks, and Recreation Foundation ($100,000), with gratitude for their generous contributions toward the development and construction of the pump track at Richard T.
Steed Memorial Park.
Section 2. That the City Council hereby amends the Fiscal Year 2024-2025 Capital Improvement Program to include the pump track project at Richard T. Steed Memorial Park.
Section 3. That the City Council hereby determines that the pump track project shall include the development of an 18,000-square-foot facility designed to accommodate various skill levels of mountain biking and related activities.
Section 4. That the City Council hereby appropriates necessary funds from the Parks Acquisition Fund ($100,000) to support the development of the pump track and authorizes the reallocation of funds ($200,000) from existing CIP Project #15108 to be directed toward the pump track project to facilitate its timely completion.
Section 5. That the City Council determines that the project is consistent with the Steed Park Master Plan and is consistent with the environmental findings established in the IS/MND previously certified by the City Council.
Section 6. That City staff is authorized and directed to proceed with the necessary steps to implement this resolution, including engaging with donors and contractors to develop and construct the pump track facility and pursuing grant funding.
Section 7. That the City Manager is authorized and directed to negotiate and execute a funding agreement, and in a form approved by the City Attorney, with Shimano Inc., the OC Mountain Bike Association, and/or the Friends of San Clemente Beaches, Parks, and Recreation Foundation (if they require such an agreement). The agreement(s) will provide for making the donations and granting Shimano the option to include its signature blue stripe painted along the edge of the asphalt track and further allow for the organization to feature the project as part of its community engagement marketing series. Shimano, OCMBTA and the Friends Foundation will be recognized with a plaque at the site. The efforts of the late John Cuchessi, a San Clemente native and owner of the San Clemente Cyclery for over 35 years, whose commitment and passion to the mountain bike industry and sharing the positive impact the cycling can have on many generations, inspired this project will also be acknowledged.
628
Resolution No. 24-172 Page 3
4854-8225-4841 v2
Section 8. That the City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions.
PASSED AND ADOPTED this _____ day of ____________________, _______.
ATTEST:
___________________________ __________________________
City Clerk of the City of Mayor of the City of San
San Clemente, California Clemente, California
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
CITY OF SAN CLEMENTE )
I, LAURA CAMPAGNOLO, City Clerk of the City of San Clemente, California, do hereby certify that Resolution No. 24-172 was adopted at a regular meeting of the City Council of the City of San Clemente held on the _______ day of _______________________, _________, by the following vote:
AYES:
NOES:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Clemente, California, this _____ day of _________________, ________. __________________________
CITY CLERK of the City of
San Clemente, California
Approved as to form:
_____________________________
Elizabeth A. Mitchell, City Attorney
629
Mountain Bike Hub Enlargement
Skateboard Park Hub Enlargement
Proposed Concept Elements
Scenic Overlook and TrellisActivity Meadows
1 1
Fenced Small Dog Park
2 2
2 4
8 4
4 10
Skateboard HubMountain Bike HubFenced Large Dog Park
5 5
11 12
12 12
12 17
18 19
20 20
2121 21
21 22 2222
2222
2222
22 23
23 23
23 21 2121 21
19 20
21 22
23 24
24 24
2424
Pickleball Court PlazaRestroom StructurePickleball Shade Structure(16) Pickleball Courts Stair Connection to Possible Future Parking LotAccessible Ramp to Possible Future Parking LotPossible Future Parking LotProposed Trees, Typical(4) Volleyball CourtsOutdoor ClassroomDog Park Entrance with Double GateDog Park Shade StructureAdd Alternative: Provide Solar Shade Structures at Parking LotUpdated Field LightingFoul Ball NettingBaseball ScoreboardsProposed Shade Tree, Typical (To Shade Bleachers) 6 7
8 8
9 10
11 13
14 6
6 7
14 15
15 16
17 18
17 18
3 13
16 3
9 A
A
Existing Elements to Remain
Existing ParkingBaseball & Softball Fields (New Turf)Baseball & Softball Hub A
B
C
C
B
B B
B
Parking Lot- 233 Existing Parking Spaces- 333 Proposed Parking Spaces Avenida La Pata
Calle Extremo
San Onofre State
Beach Park
Richard T. Steed Memorial CONCEPT ILLUSTRATIVE PLAN
Attachment 2
630
Proposed Concept Elements Proposed Concept Elements Existing Elements to Remain Existing Elements to Remain Skate Bowl Asphalt Pump Track Existing Trees Existing Trees Main Skatepark Dirt Pump Track Existing Skatepark
Restroom/Storage Building
1 1
1 1
A
A
A
A
A
A
Youth Skatepark Proposed Trees, Typical
2 2
2 2
B
B
C
C
4 4
4 4
Palm Tree Grove and Social Zone Proposed Restroom
5 6
6 6
6 5
5 6
6 7
7 5
Skate Art PlazaProposed Trees, Typical
Picnic Area & Shade StructureTrailheadInterpretive Signage 3 3
3 3
3 3
3 Richard T. Steed Memorial CONCEPT ILLUSTRATIVE PLAN
Mountain Bike Hub Enlargement Skateboard Park Hub Enlargement Avenida La Pata
Avenida La Pata
Calle Extremo
631
City of San Clemente Capital Project
Project No. 15108
Lead Dept./Division Beaches, Parks & Recreation
Supporting Division Public Works/Maintenance
Staff Contact Samantha Wylie
BPR Director
(949) 429-8874
Target Completion
General Plan Policy
Project Description:
Estimated Costs and Funding Sources:
FY 2024-25
Budget
FY 2025-26
Budget
FY 2026-27
Forecast
FY 2027-28
Forecast
FY 2028-29
Forecast
FY 2029-30
Forecast
Total
Land/Right of Way $ -
$ 70,000 $ 70,000
$ 130,000 $ 130,000
$ 200,000 $ - $ - $ - $ - $ - $ 200,000
FY 2024-25
Budget
FY 2025-26
Budget
FY 2026-27
Forecast
FY 2027-28
Forecast
FY 2028-29
Forecast
FY 2029-30
Forecast
Total
Parks Acquisition $ 200,000 $ 200,000
$ -
$ -
TOTAL FUNDING $ 200,000 $ - $ - $ - $ - $ - $ 200,000
Funding Source(s)
REVISED PROJECT SHEET (11/2024). This project includes design and construction of the unfinished sports fields, known as the "Meadows", at the Vista Hermora Sports Park. Upon completion, the revenue will increase the revenue of the related field rentals and permits.
Operating Budget Impact: Maintenance service contract costs will increase by $15,000 annually.
Project Estimate
Preliminary Engineering
Construction
TOTAL ESTIMATE
Beaches, Parks and Medians
Vista Hermosa Sports Park Meadows Development
Summer 2026
BPR-2.03; BPR-2.04
(Please refer to the General Plan for policy code description) Attachment 3
632
City of San Clemente Capital Project
Project No. TBD
Lead Dept./Division Beaches, Parks & Recreation
Supporting Division Public Works
Staff Contact Samantha Wylie
BPR Director
(949) 429-8874
Target Completion
General Plan Policy
Project Description:
Estimated Costs and Funding Sources:
FY 2024-25
Budget
FY 2025-26
Budget
FY 2026-27
Forecast
FY 2027-28
Forecast
FY 2028-29
Forecast
FY 2029-30
Forecast
Total
Land/Right of Way $ -
$ 80,000 $ 80,000
$ 540,000 $ 540,000
$ 620,000 $ - $ - $ - $ - $ - $ 620,000
FY 2024-25
Budget
FY 2025-26
Budget
FY 2026-27
Forecast
FY 2027-28
Forecast
FY 2028-29
Forecast
FY 2029-30
Forecast
Total
Parks Acquisition $ 100,000 $ 100,000
CIP Project #15108 $ 200,000 $ 200,000
Grant Funds $ 320,000 $ 320,000
TOTAL FUNDING $ 620,000 $ - $ - $ - $ - $ - $ 620,000
Beaches, Parks and Medians
Richard T. Steed Memorial Park Pump Track
Preliminary Engineering
Construction
TOTAL ESTIMATE
(Please refer to the General Plan for policy code description) Operating Budget Impact: Maintenance service contract costs will increase by $35,000 annually.
Funding Source(s)
Spring 2026
BPR-2.03; BPR-2.04
This project includes design and construction of an asphalt pump track at Richard T. Steed Memorial Park.
Project Estimate
633
!
! "!!#
$%&
'
()*++,-./0102345-3467839
%:
!;!!
<=>?@=ABC>DEAFG=?D=>HIJKL=M>DHN=KH
OPPQRS>TT=U=VITT=
U>KST=N=KH=BSWXYZ[Y
2345-346\/9
$
]!;]
"$%;!
#
OZ^_OU?I=KHI`I?a>b
cDVIK=BSWXYZOd
$#efgfh
Attachment 4
634
635
!"#$%&'"&("&)##*"+$%, -
$#&./
$+
0&
#
12
+
3+
4*#
"& 5657
89:;<=>?@?A=
!"#$%&'"&("&
)##*"+$%, -
$#&./
B9C
D=EF
G=H>I J
2"K
&J#!&
'-L$%-M
"&*/
!&
N9:;<=>?
OOA@>EH?
!&
)2#L'-L$%-M
"&
*
"
@?I;PEHA=Q=H?=
'-L$%-M
"&*/
!&
663
J##
4##
&J#!&
LJR5S5
TUV2#-W-&X#!&
"+
Y9:;<=>?D;>E?@;H 5ZR4&[$
L
&J#!&
LJR5S7
\9]^^_^^`ab^cdae_fghij_ak]cgl S6Xmm5X6S
n9:;<=>?@?=o=H=:EAAEH
p=q@GHE?@;Hrqs
t
Xt/&
/L$1u##2tV&
v9:;<=>?@?=w;H@HGp=q@GHE?@;Hrqs&"
&J#!&
/K$#&
t
xt/&
/y
z9{::;{HF@HGDEHF|q=qEHF
=??@HG /%-#"
}&
"
&t&"K
'& &J"/-'-J!/$&#
"&
"
-"1
&-
["
"
&"
V-
"K
/"}
-
-
'##J"##&~"#KJ#1uL
&
J#!&
'1-&--$%-#"
"
V-
"&
u#1KKu"4
!"#$%
9p=q>:@O?@;H;P:;<=>? t+&# -
$#&K"
!"#$%V-//"4u2J
2J"1&#&
R/#5667
R
!L
-
&+1--
K"##"V&+UK"1XK#-"K
u##"!/#-%
/%/#2-/%&+&&
#
"&
&4+
"&
&
"/&&+L
"&#
K
1-4U!/"4!&
-
"
-"K
u##"!/#K"""&--"&u1#&+
&#"-
"
#"
/&V
u#-&
V"
"+/%-x#+&-!##uy
-
$#&./
x/"/"-/"}
y
-U
636
!"#$%&'"&("&)##*"+$%, -
$#&./
$+
0&
#
12
+
3+
4*#
"& 5657
8 "1&
&'%91:;&#+!&
8<
4
2 "=->+
"?#
8@AB$%#:##C"1
-
8="$1!/%?#
-
8>+*"+$%&
1
1
8 !##*"+$%&
1
1
8 %
:"91:
8?#D
/("##2:##C"1
-"E/&
/
8 &E4#""%&##-
8<$%&+>"
/
F0!/"4!&
-
"D-
&+/%G#
-
G
"HIJKLMNOP"G
-"1!&
G"
"&#
&G"!
"&
QPOHRHIJHS
THMIKHUVWLUH
XXYLZ[RKUH\]KYHS
C
2"G
&C#!&
QQO[ZH[RK^LYMK[
[JKZH
_HYKI[M
JYK`HUJY[SKJKLM[RRa[MS
I]RJ]Y[RRa[^^KRK[JHSVKJWJWH
XYLbHIJ[YH[YH\]HUJHS
ILMU]RJ[JKLMX]YU][MJJL]`RKI
HUL]YIHULSHcdQPePONOQf
^ULgW[UILMU]RJ[JKLM`HT]Mf
>
-=-&
:2
C
2"G
&C#!&
h
><+&2ij
"#"#3
4<!&
:-
-%&+G
2=-
"/
/
&<'k5
"&-1#
"&"&&&+
/"/"-/"l
&
C
2 :-1/
"62-&=
"
-/"&
"&"
G
"&"G
/"l
?"
/"/"-/"l
j
"-
:h-i
m1-
"&-1#
"&="&
:2
C
2/$1:#
-"1-C"n56o
<-/"&-=-4
G"!p1&q"'&"G --"&0&&-,
<l!&3
"&,'#-&"&-1#
"&-
&/"--
QdOJWHY]`RKI
THMIKHU <+&-
=##4=
/"/"-/"l

G"##"=&+r
FC#G"&+"&#)
s1#
2C"&
"#
'",
&*+"
F
"1
C"-
<s1#
2 &+!&
*-
FE&+C"1&
2?*/
!&
637
!"#
"$
"%&
' !(
) "*+ '
,"-.
'/'0&
"
1213
4567
89: 7
5555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555554;4
+
)
< =
1
<>
+
"") =
3?)
>
")-
"- =
@AB'")(?"0
"
"0C,
+
"
"
=
D>?EBF00C =
G -+
)
H,"-. =1
0C">
"I.FB'") =3
J,
+
"
'. =@
F'"K
"
H,"-. =@
2L""')H
,"-. =D
M56
N78
O
7
P5555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555M;4 1
<A
"1=
11
<"'1=
13A"*)"Q
""'1=
1@?R)"'>))
H1=
1@
>
"BE-.1=
1@1S.
'.1=
1@3 -I0)1=J 1@@*)1=J T56U8V 9
87U7
555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555T;4 3
-+
)3=
31
<A
"""'3=
33
<S)
.3=
33
>
-".F-3=3 331&)'">
"+) )"
>
))
"3=3 3@
+
) !L-)3=@ 3D>
")-
"-3=D 3G,""*))
H,"-.3= D
3
&)
"."B
")0B
")3= D
W56
N78
O
X Y7
55555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555555W;4 @
B))@ =
@1B'--"L
).)
-)@1=
@3BE-.@3=
@@#
')
-)@@=
@D>--)
-)@D=
@G?"'.@G=
@
Z
'."
)@ =
@JZ"
-)Z)?
))
")@J=
@SK)"SK
-)
)@=
@
2S.
'."%E-.@ 2=
@
A"*)" """'@
=
@
1 ")
-)@ 1=
@
3/
)@ 3=
638
!"#
"$
"%&
' !(
) "*+ ',
-"./
'0',&
"
1213
4
4 +.
""5
.)"'4 46 4
7 .8,)4 76 4
9
"4 96 4
")+
""::4
6 4
;8<..)
.)4 ;6
4
*)",/)
)4 6
412 %:4126
41
"
/=""')
:'":"41 6 >?@AA
??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????>BC D?@E
FAFAA
???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????DBC 9
<GHIJI'"/96
91
KI++"96
93*/)
)G",
"
"L-"96
M?@ NOPOQRPOSTNSTOPSUOTQRTVAWXSUPOTQFUSQURY???????????????????????????????????????????????????????????????????????MBC
RZ[W\?]BC6
K.
/367 RZ[W^?CBC6G_)"'$).<"J"*))"
KI4
64 RZ[W^?\BC6="I"
".)4361 RZ[W^?\B]6I
8"IH./
"
"'&4367 RZ[W^?\B^B<IH
&)
)
:'":"436; RZ[W^?\B^6<
").
".436; RZ[W^?\B>6
_
.
&/'
"<
").
"G
))
")436 RZ[W^?\BDB
_
.
&/
K`+
"G
))
")436 2 RZ[W^?\BMB).)
:J
a'":"I"/))436
RZ[W^?^BC6
++J"<
,/+)44611 RZ[W^?DBC6G)
K`+
"G"'/*)4963 RZ[W^?MBC6<
").
"#)
"'
" )4 6 RZ[W^?MB]6=
))J
)"
K'
"4 6 2
RZ[W^?bBC6.
/
:G
))
")J
".
"
).)4;6 RZ[W^?bB]6
K<
").
"6c5cG
))
")4;6
RZ[W^?bB\6
K`+
"c5cG
))
")4;6 1 RZ[W^?CCBC6<
"))"/I"/))d
+
)
K<
+
,"</
:"
<
"<"""c" "J"*)""
"<
"+: "4
6 RZ[W^?C\BC("),,)"
KI4 361
RZ[W^?C\BC("),,)"
KI4 361
RZ[W^?C\B]6I
8"0
)
).
").)4 367
RZ[W^?C\B\B<:
"J"*)<
+8/:
<
."/0
)
.)4
369
RZ[W^?C\6e6$8
"J,)
:/+<
").
"Gf.+
"4 36
RZ[W^?C^BC6</
:=
""&
'+=
)4 46 RZ[W^?CMBC6
K<
+"%</
:"<
"c" "
)'"'
8/"<
+)4
61 RZ[WM?@BC6
'
"
"
"'"+
"'
'
61 639
!"#
"$
"%&
' !(
) "*+ ',
-"./
'0',&
"
1213
4567
89:;<=>=?@A'
"B
"1A1 89:;<=>=?=A
CB
"1A3 89:;<=>=?DA
+
'+
+1AE 89:;<=>=?FA
C
'+)1AG 89:;<D>D?@A"
"H
"B"*)IJK3A1 89:;<D>=?@AH
"+-.), ";;L;MLLNOP;NQLRS<T8Q<S> 89:;<D>=?=AH
"+-.), "A! !U.K"
.""#!U.K3A
89:;<D>=?DAH
"+-
'/A! !U.KV
.""#!U.KV'"'3AW
89:;<D>=?FAH
"+-
'/AX,
"V#)KY
ZKU.K3A
89:;<D>=?[A "AIJ)"'H
"
")3A 2 89:;<D>=?\A "AIJ)"']+"+3A
89:;<D>=?^A "AIJ)"'
+
'+/3A 1 89:;<D>=?_A "A]++
.")3A 3 89:;<D>=?`A "AH
")")3A E
89:;<F>@?@?"U'a/)E A3
89:;<F>@?=AIJ)"'$).H"$"/
Z
CE AG
89:;<F>@?DAIJ)"'$).H"$"/
Z
CE Ab
89:;<F>@?=AIJ)"'$).H"$"/
Z
CE A
89:;<F>@?DAH
"+-.), "A],,a;;L;MLLNOP;NQLRS<T8Q<S> 89:;<F>@?FAH
"+-.), "A&;;L;MLLNOP;NQLRS<T8Q<S> 89:;<F>=?@A-
+
"c
"H'
)E1A1 89:;<F>F?@(
CB
""#
'./XEEA3 89:;<F>F?=(B"H
,/+)EEAE 89:;<F>F?DAH0&&#d"
a"].") "+)"UK)EEAb 89:;<F>F?F(H0&&#d"
a"].")%Z+)EEA
89:;<F>F?[(.Z&"'EEA1
89:;<F>F?[(H&c%%ZH
)EEA1 89:;<F>[?@A
+
'+
+EGA1 89:;<F>^?@eXf.)
c.g
")E A3
89:;<F>^?=('
"/X,c.)E AE
89:;<F>^?DAB"))"Bf.Z
"E Ab
89:;<F>`?@A
CH
)B)
+EAG 89:;<F>`?=AX+
)"
C'
"EAb 89:;<F>`?DAcUh,/g
")AB
)+
")K/XEA 89:;<F>`?FAcUh,/g
")A)+
")K/XEA 2 89:;<F>@i?@?*j.Z%)"%))E 2A3
89:;<F>@@?@Aj" "B"*)&)'"
"E
A1
89:;<F>@=?@A&)'"
")
.g
"E 1A1
89:;<F>@=?=A]Vj)"j
%)E 1A3
89:;<F>@D?@A"),,)0
CE 3A3
89:;<F>@D?=AX
K"0
)
).
"B
")E 3AE
89:;<F>=i?@(%"*K"-"ZE12A3
640
!"#
"$
"%&
' !(
) "*+ ',
-"./
'0',&
"
1213
44
56
7++"87
9 ") 7++"8#
:;;
-"+.").)<
7=./
7"/)) 7++"8#1 :;;
-"+.").)<
>"
.)
>);
))
")7"/)) 7++"8: #
')
.);,.
" 7++"8&
:..)
.)+
7++"8&1
"
'
) 7++"8; ), 7++"8< )-;",
"
"7))))
"?&
@"/ 7++"8>0
)&
7++"8ABB./
641
!"#$%&'"&("&)##*"+$%, -
$#&./
$+0
1&
#
23
+
4+
0*#
"& 5657
8"&3!8990
"& !
88:
!9&
;2#
3-
&-
8'75<#="&>#"9#)!&+
"#2
"&-8
"=566?@8--!9#3'##75A
8'B58--!9#3'##B5
8< @-A8-9-
"-C<"&
&&+
#@-A
8*88!&-D
*-9#
-8
8EF8C=
/3
8188/"
1&=#2&8
8 18 &1&"!
!-#9"0!&-#0#
8$G8"=$"
&
#G==
8$4HIIJIIKLMINOLPJQRSTUJL
8:88:2#
38--
8: $8:2#
3 &+!&
$#&
8'<#="&8-"2-'"
'8.92-&---2-2#
'1V
'"+"+/1&="!
"&&V9-0
"&
3-
!
' $-'-
&+!&
$
-
<88:
<#="&8!9&
8:2#
3 &-
<#GG "<#="&G!--"&-G-
!
" "#
<8WE1G<#="&*/
!&
"=E"-
3&E$"
"&
<8W>&<#="&>&'2#&+
&-
<#
&- <#="&*/
!&
"=&-/"
"&
<8V@-A<#&2/&89
!&
V@-A
<8$<V8 <#="&8$"##2
"&<"&
"#V==-8--"
"&
<8
>G <#="&
D>"2&D
G#0
"& "&
"&+
<8<#!
8
"&!
<'<<#="&'2#&+<"
<<88<#="&<#&88
<<<#="&<""=+2#
"&-
<*V@-A<-&*--
V@-A
<*E) <#="&*/
!&
"=E-&)##=
<G:8<#="&G&0"&!&
#:2#
38
<G<W8<"!/&-0G&0"&!&
#-/"&-X<"!/&-
"&X&
W9#
38
<G
8<#="&G&&+
/-8
<E><<#="&E-&>!<"
=-29=
/-"&
<>
<#="&>"#"+#
203
<YZ !
&
<Y1
<#="&Y-
"-"2-1&0&
"3
3-
!
<
3<
3"=
&<#!&
< $<"&+-
"& &+!&
$"+!
< $"2+
!
#//
< $Y
< $Y+D3
3-
!
642
!"#$%&'"&("&)##*"+$%, -
$#&./
$+0
1&
#
23
+
4+
0*#
"& 5657
8"&3!8990
"& !
:4;<:"!!2&
34"-;=20#&
<0#
:4$
:#>"&4
0$#&
"
3 :?9"&!"&"@
:?59"&"@
:?59"&"@=20#&
:::#>"&-&
#:"
:)8:#&)
8
*8 $*&+8 &+!&
$#&
'9#
'88AB+
9#-#
*?::#>"&*/
!&
">:"&-0
"&
*?
C:#>"&*0-"&">
>
3&C#
*
:*/
!&
">"@
29-
&-:"&
"#
2*B###&+2&
-/
*)*/
!&
">)
-"2-
;1;&0"&!&
#1!/
/"
;
;!+&3 #
0-
;?;@2
0?
;$8;&0"&!&
#$"
"&8+&3
;
8;&&+
/-8
;
8;&0"&!&
#
8----!&
;
<;
3-
!-<9"
"3
;(#
0#
;(:
#
0#+&+-
"&
DE+-E&
E8>#""
"
E; 8E#;!+&3 &+!&
8+&3
EC
FECG
0
3F"&-
E $E!#& //&+& "&
"&+$"+!
E8E#&-
8!&-
"&
HCH+&"2-+--
H1
H"+/1&>"!
"&
3-
!
H$:*+##"&-//
/3
+/+##"&-/3
H)$+#"9#B!&+/"
&
#
C8'
C-
"8!&'2#&+
203
C:$C9
:"&-0
"&$#&
CE:-3">#"2"9"&-
C.C3"#"+.&
C(8:
&+I0&
#
"&&"&
"&&+
1$::1&
+"0&!&
#$&#"&:#!
:&+
1 81&
&
"&#
"
3">89"2#
2
1 4*1&
#
23
+
4+
0*#
"&
1;1&-
2 ">&-/"
"&;&+&-
<6&"-#0#
-@6J">
!
<==20#&
&"-#0#
643
!"#$%&'"&("&)##*"+$%, -
$#&./
$+0
1&
#
23
+
4+
5*#
"& 6768
9"&3!9::5
"& !
;'$;<'-$&
;1*;"=1!/
*5#"/!&
;!0""
!&->2!0!2!&"-#5#
;?
;5#"@
5
;9;"#-/"&-:#
39
;
-;"#A
+&@&-"#-
;.
;%&+.&+"2&
"+&%
'9 +
"3'
39
!+ !##"&+##"&-/3
;* "-
;%#3*-&&
B-C !
+
"&!-2B-C
$
+
"& "&
"&+&/"
&+$"+!
D?6 !##"&!
"&-"@D?6
4*
+
4+
5*#
"&
$9E -
$#&"@9
#E+=3-
F &#-"2F"&
G 2&/#
/
"!
=/!
"&-
46?&
"2-"0
499H
4
"	!:&
9H2#
3 &-
49ED4
59!&E
+D"!!--"&
4
"&#D"4
"&#D"!!2&
3&--&
49 94
"	"&2
-&
/9!&-
"&
4DD$4
2#D"!!2&
-D"&-5
"&$#&
4*4+
5*#
"&
4? &
"0
4?0&
"+&"0-
4?6&
"+&"0
4$*I
4
"&#$"##2
&
*-+I#!&
"&
3-
!
?8?A"&
?DJ9?&+D"2&
3@92
"
3 ?D
*?&+D"2&
3 &
"&*-
?D9?&+D"2&
3&-/"
"&9+&3
?$KLMNOPLOQRSTTUVNLTWXYPPUPZYP[\NRNYOV]
?
E9?2/
"&#
@
3&E#
9!&-
"&
$:#
$D'/"#3#"&
:/&3#
$JD-/@#2"":"&-
$ /
2#
!
$ 7-/:#/
2#
!
$ 6
^@&/
2#
!
//! /
-/!##"&
$$(/%/
#5#"
3 D9-"2D"&-5
"&&"539
ID-"+&AI&5"&!&
#D"&
"&B-C
E49+"&#E"2-&+4-9##"
"&
644
!"#$%&'"&("&)##*"+$%, -
$#&./
$+0
1&
#
23
+
4+
5*#
"& 6768
9"&3!9::5
"& !
""
!&-;2
<=
5"+&+--
<) +
>"?>@3
$
&@:#-$"
?"#"
&
)AB'+"&#)
A2#
3B"&
"#'"
C-
"&
'
&
'##
B9'
"2
B"-
9'-&
B9=
"2
&B#?"&9--"
"&"?="5&!&
-
B9A *
"2
B"-
9A2#
3 &+!&
*-
BB1B
"2
B&
#B"-
#1&?"!
"&B&
*=DE
&*+"=-DE#
FG-2#?20?#2"
1$
1!/#!&
"&$#&
HF
H&-F#
99
2? &&+&#!
"&9
<6-2#?2"0
"B#=-
"2
&B#?"&=-B"!/&3
9
-/"&-:#
39
9--"2/
"-
E
"22
"&&3#&+E#!&
1$
@&-/"
"&1!/"5!&
$"+!
.
$
&.:&
"!@
+
"&$#&
)$$$
"!@
$"##2
"&$5&
"&$#&
)B'
)
-"2-B"&
"#'"
9$-&-/"
"&9--!:#3$"&
-
B-:#B2#
2#-"2-
$?? &+!&
$#&
.F$<.:&F"-
$"
"&<&&
.E1.#
-3-
!-E&5"&!&
#I1&
.
.&
-
.
*9.&
-*/
!&
"?9+2#
2
.
E$9.&
-E&5"&!&
#$"
"&9+&3
('5:
"&:#-
(B$5
?#3//
(JFJ
KL-M53+?N-5
3N"&L-M
( 5#!#-
5#
(<B5"#
#"+&"!/"2&
)E= @&":#
3+"2/
)A $ )
A2#
3 &+!&
$#&
)1 )"#-"2-1&-
2 3:/3-:?"/-&
645
!"#$%&'"&("&)##*"+$%, -
$#&./
$+0
1&
#
23
+
4+
5*#
"& 6768
9:;<;=>?9:;@>AB
C
3"D
&C#!&
EC
3F-2/
&+
-
$#&D"
!"#$%&
'"&5"&)##*"+$%
/"G
H"2#"&--
"DIEF!/"5!&
-
"J-
&+/%
D
2-KE6F"&-
2
"&"D5"2-&H/%-
2
2-&D
2-L&+
#"
"&"&-
"D5"2-/%D
2-E
L"+/%FKE8F2
#
-!/"5!&
-K&EMF/"G
-
!&
-
E&+-
2
2-L
##-L-
-F&"&-
#&-/&+
N9:;@>AB;O<;P>PB=
/"/"-/"G
H"2#"&--
"DI
Q "2&
&'%R2ST&#+!&
QU
5
3 "H-V+
"W#
QX,Y$%#S##C"2
-
QH"$2!/%W#
-
QV+*"+$%&
2
2
Q
!##*"+$%&
2
2
Q
%
S"R2S
QW#J
/("##3S##C"2
-"Z/&
/
Q
&Z5#""%&##-
QU$%&+V"
/
[1!/"5!&
-
"J-
&+/%D#
-
\=B]O^B>?;P=B:_AB];PA`>?_a>
*/&&+"&D&#D2&&+-"2-D"
/%!/"5!&
-L"&-
2
"&--
!
"-
&"
#
&b2#3L6768
/"G
H##S"!/#
&/--LH
"!/#
"&J/
Y
"6M
!"&
-D
"&-
2
"&-
cd>^?ef>PA]>=
Pg]:;PO>PB^a
>g]>hO<a>O>PB^B];P
C
3"D
&C#!&
-
VU+&3D"
/"/"-/"G
$2-2&
"
C#D"&
T&5"&!&
#i2#
3U
ECTiUF&
-!/#!&
&++2#
"&-L
VU+&3-
/&/#-/"&-S#
3D"!/#!&
&+&//"5&+/"G
!35-+&D&
DD
"&
&5"&!&
jkeg>:g]>h
9_:<;=>;lke
U##-
"&3/"G
-H
&C#D"&m2
"2&+"&5"&!&
#5H2&
CTiU
U$"G
-D&&CTiUn2#&-op8Y-
H"#"D
"&5&+
/"
&
#
$2S#-"2-C"oo677706&C#D"&C""D+2# "&-
#ML*5-"&XLC/
8
646
!"#$%&'"&("&)##*"+$%, -
$#&./
$+01
2&
#
34
+
5+
6*#
"& 1718
"-3#
&
/4-#&+"-"&9#4:"-9#&
&+
"
&6"&!&
&-&4":
:"##";&+<
=>&
6
4
#43&
%&94&4/39#+&4&+93
&"
#!
"/39#;"%-
"&-
3
"&&#
6
-?#&+"+&+":#&?!/"6!&
-
"@-
&+
/39#-
3
3-?&
!&
&!&!&
":A"&&+"&&-?&
"/
"&&
!&!&
":#"#B&#$#&-"#!&
-
=>&
6
43&
%&94/-"&;--3//"
&;"#"&/
"3+/39#
+&4"&
-?+&
-?-39--?#"&-?""
:"!-":---
&:"!"&"!"
/39#+&-
=>&
6
4&6"#6&+
--3&
"/-"&":#-?/!
?#&-?
:
?""
&
#!&
:"3-94"&"!"/39#+&-
CDE>B3#&-FG771#-
-
9-/3/"--":CDE>-:"##";-<
=2&:"!+"6&!&
#-"&!%-&
/39#9"3
/"
&
#?-+&:&
&6"&!&
#::
-":/"/"-
6
-
=2&
:4
;4-
&6"&!&
#!+&96""-+&:&
#43
=$6&
-+&:&
?6"9#!+
"
&6"&!&
94H3&+&+-&/"I
-
"3+
3-":#
&
6-"!
+
"&!-3-J -K;&
+"6&!&
#+&4
:&-
&+-
"9:-9#
=*-#"-
"
/39#
-"&-;4+"6&!&
#+&4//"6
/"I
&
!&&
+&4"-:-+&:&
&6"&!&
#::
-&6"#6
LMNOPQRSOTOQUSOSVWOXNYZXR[M
CDE>-
9#--3
4:"/39#+&-
"6""!&!A&6"&!&
#!+;
:-9#
.&CDE>B3#&-FG7\]>+&4:"/"I
-3
"
4 "H3:-9#
&+-&&4"##
6
-&6"#6&
/"I
&"
"-39-
&
##4#--&"6"
-+&:&
::
-"&
&6"&!&
?"&--
&
;
//#9#"&-
3 "&#H3!&
--3
^_`abcdbef_g1^dhcijfkalijlji`mjd^nm`og8-
&-
CDE>##";-]>+&4
"//"6/"I
6&
"3+
/"I
;"3#3--+&:&
::
"&
&6"&!&
:
+&4!%-:3##4&:"!&/39##4-#"--"&
-&":-9#;4
"#--&"6"
-+&:&
::
2&-3--?
]>+&4!3-
-/:##4&
:4@/
9&:
-&"
"6&+"&-
"&-:"!
/"I
"3
;+
/"#4":3&+"6"&+-+&:&
&6"&!&
#!/
-":
/"I
pqNRrQsXQtYSOSWuONZT
CDE>/"--9+&-;
/39#+&4!%&+
!&
"&-
";
/"I
-
-39I
"CDE>
##
2:
/"I
-@!/
?
/"--"-&"
&
"/"&4:
2:
/"I
-&"
@!/
?
]>+&4
%-
-"&-
/&"&3
-&2&
#
34
"
!&;
/"I
!46-+&:&
::
"&
&6"&!&
1>&@3-J
?"&&
"&K!3-
9-
9#-9
;&
!
+
"&!-3&#+
!
+"6&!&
#
&
-
8vabwm`mk^`mjdwb^_fibwf_`xbcijfkanolijlji`mjd^ng`j`abmwl^y`_jz`ab{ij|by`} 647
!"#$%&'"&("&)##*"+$%, -
$#&./
$+01
2&
#
34
+
5+
6*#
"& 7871
/3/"--"9&2&
#
34-#-
&:;8<1=>"9
?@ABC3#&-
"D
E$"6
FB+&4G
&9"!
"&&--4
"9&@&6"&!&
#2!/
/"
=@2>H5+
6*#
"&=5*>H"
+
5+
6*#
"&= 5*>-"3#I
//
E@&I#FB+&4
"!"94/"J
"!
+
6-!/
-I9"&@2-
//H
I4&I#&+
/"J
"K3#949"5*" 5*
EB---
&
//
"&"9&@2H9K3HI49"3-&+
@2"&6-99
-
!&
"I-+&9&
H&
94&+
6-99
-
!&&"
"I-+&9&
H
L/#&&+
-"&-9"
!&&+
/"
&
##4-+&9&
6-99
-G"3#&"
I-+&9&
H&&
94&+G
/"+!@2H""
/"--H&I3-
"
M6-&6"&!&
#99
-"9
/"J
EN#
&&6"&!&
#----!&
#43&+/"J
-+&
E$"6"3!&
"&&
5*" 5*
/"J
G"3#&"
6-+&9&
99
"&
&6"&!&
E@#!&
3&&--4@2-
E*
!&9/6"3-#4//@2"3#I3-9"
$"J
2&--G&"/"
&
##4-+&9&
!/
-&
9H
FB+&4!4--35*H&
&" -G"3#I&
)/"
&
##4-+&9&
!/
-&
9H
FB+&4!4
!&
-G"3#K3
#43
-!/
-
"#--
&-+&9&
#6#-
F
B+&4G"3#
&// 5*9"
/"/"-/"J
29 FB+&4
!&-
&63#"3!3#
699
-"9
/"/"-/"J
G"3#3--+&9&
6-
&6"&!&
#99
&&"
I!
+
"#--
&-+&9&
#6#-H
&
FB+&4
G"3#K3&@2
"93
M
-!/
-
O
PQRPSTUVWXXPUYZ[Y\P]^_PU`RPa
b
/3I#+&-/"6
"//"
3&
4 "6G&"!!&
"&
2
5*
@"9
-+&---II9#4I#"G
EB-/"&-I#B+&4=c??:;1d>-/3I#+&4H"
&
FB+&4H
--
"&4//"6#/"G"6
$"J
H-3-/!
--3&"/#&//"6#
3
"
4 EB3-
B+&4c=c??:;1d<>--
+&46&+J3-
"&I4#G"6&
3#
-"3-99
I4/"J
#&
3-
9"
/"/#"9
"9?#9"&
EB+&-G
e3-
"&I4FG=c??:;1<<>&4/3I#+&-G"6
3
"
4=>
"+&
/!
""
&
#!&
9"3-f=7>
"/"693&&+9"
/"J
&K3-
"&f"=1>
"L-3
"
4"6-"3-G!4I99
I4
/"J
N3
!"H
4""3&
4G##6J3-
"&I4#GG
-/
"/"J
G&
4""3&
46&+/!4J3-
"&"6
&6"#6-D=>
-
"9
/"J
f=7>
&G
!J"&6"&!&
#99
-G##"3f&"=1>
&G-
"-
M&-!"-
#4"&&I4&4-3&6"&!&
#
99
-
c9"33-
B+&-&?#9"&#-
&?@ABC3#&-:;1d<?#9"&*/
!&
"9N-&
)##9H
F&-?"!!--"&H
*/
!&
"9$%-&
"&H&.&6-
4"9?#9"&
648
!"#$%&'"&("&)##*"+$%, -
$#&./
$+01
2&
#
34
+
5+
6*#
"& 7879
:;<=>?@A;BCDEDFG
H"##"I&+
!&"#"+4-3-
"-J
#6#"H-+&H&"H/"
&
#!/
-K
LMH&&+"HNOPQRSTU-//"/
H
--"-
/"V
I"3#&"
HH
/
3#&6"&!&
#
-"#&&4I4
LM&!/
-"&-WXYYUZSNYP[NP\PTSNUH
--"-
/"V
I"3#
3-&"-3J-
&
#6-&+
"
&6"&!&
&]3-&"!
+
"&
LM&!/
-"&-WXYYUZSNYP[NP\PTSNU^PUZQPUP[SUPONPNTO_RO_SUX`H --
"-
/"V
I"3#3-&"-3J-
&
#6-&+
"
&6"&!&
I
-"&"H&6"&!&
#"!!
!&
-a""
&H"J#!-3-a
I"3#J"/
J4
#+&4
LM&!/
-"&-/"
&
##4-+&H&
H
--"-
/"V
"3#
6-3J-
&
#6-HH
"&
&6"&!&
M&b2-]3H&!/
-&
H-ROUXNUPSWWcYP[NP\PTSNU
dAF=CBe=?BDCDfCB?B=E?ghG
-"3!&
-"+&i
"-
-H4jbkMl3#&-mn8o9pqa&-
H"##"I&+
-
"&-K
L@>?BDC
rC?ADhg>?BDCaI&
H-
/3/"-&-"/"H
2
5*
L@>?BDCs
rCtBADC;@C?=E@??BCFaI-J-#"
"&au-
&+-
"&
"&-a#&
3--ai"&&+-+&
"&-a
"/"+/4a&6+
"&--"
I
/"V
-
&
-3"3&&+-
L@>?BDCv
rwADx@>?@y>AB<?BDCaI/"6-&"66I"H
/"V
a-/
"&
"H
/"/"-6#"/!&
a/"V
/-&+3&+"&-
3
"&a&-
"&4
"&-
H"/"V
//"6#
L@>?BDCz
rCtBADC;@C?=E{@>|EBy?aI/-&
-%#-
-/"&--H"
-"3
"/
"&
H4&----!/
---"
I
/"/"-/"V
a&
/"/"-- -a-&a
"3/"
&
#&6"&!&
#!/
-
"#--
&-+&H&
L@>?BDC}
r
@f@A@C>@yaI-#-
"H"3!&
-
&
2
5*
L@>?BDC~
rBy?DfwA@<=A@AyaI&
H-
/!43
"-&
&#u/
-
//
2
5*
&#-
3-&"
"3!&
-aI-3//"
&+&H"!
"&"--3-
"
//
2
5*a&
H"##"I&+//&-K
LM//&uM$"V
$#&-
LM//&u'j#bb "2&/3
&-3#
-"Mk3#
4M--
LM//&u'7j#bb "2&/3
&-3#
-"l&"3-l-b!--"&-M--
LM//&uj'"#"+#-"3-b6#3
"&
LM//&u*j3#
3#-"3-/"
LM//&u*7$#"&
"#"+#"-
LM//&ub-6
LM//&u$-2b&6"&!&
#
M----!&
0*

LM//&ul5"-*
LM//&uHH
34
649
!"#$%&'"&("&)##*"+$%, -
$#&./
$+01
2&
#
34
+
5+
6*#
"& 7879
:;<=;<>?@ABCDEF<;D;GHDI=J
KBCLGMDBACLGMD?B<?;=FAF=NF??DEG<;><;@;MG<D
'-"&2
O&&+-P
/"Q
R"3#6&"!/
"#--
&-+&O&
!/
"&
O"##"R&+&6"&!&
#
+"-#-
O"!S//&TU"O
VWXSU3#&-
YS-
-
YS+3#
3&Z"-
4-"3-
YSX3#
4 YU&"3-U-W!--"&-
Y[\-&[\"3-
#-
Y[4"#"+4&)
X3#
4 Y]&.-&$#&&&+
Y &#-"3-
Y$"/3#
"&&["3-&+
Y$3^#
6-
Y
"&
Y&-/"
"&&OO
Y.
#
-&
6
4-
!-
Y )#O
_CLGMD?B<?;=FAF=NF??DEG<;><;@;MG<D`;DEa;D;>GD;B<aFG?IAF? '-"&2
O&&+-P
/"Q
R"3#6#--
&-+&O&
!/
"&
O"##"R&+
&6"&!&
#
+"-#-
&S//&TU"O
VWXSU3#&-R&/"/"- -
!/#!&
Y'"#"+#-"3-
YV3#
3#-"3-
YU"#"+4&
"#-
Y5"-
Y^#V3#
3#-"3-
Y &
"4Z&&+-"O
+&O&
650
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."34
5)!& !6
7#!.!"
8".!9"-"&
!%) #
3:3;
<=>?@ABC?BDCE?F
"2
%2%0"
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(#0!"
'&)12
!"
'
%G"!0&%!"
!3HI9")
J'!)!"K!7%L )K&"$")!"MK&L%
)M%))22
%N$!"&7
H;HH4
"0!""L"
!%OEPQ>A
<R<MSTUVTWTXSWYTZ[\X]ZVY^W_XV`YUXaUa`\ZbUXa`_V%)!"N!J%& 06 L"0!
""!0
G")!!%!"0!")&6
"I9")
J'!!%!")%
!)
K&&"cN!
"$%!%!""0!
"2
(06
")!&7%)&700"00d&"d79"&"L
%$!")%
!%LL%LI9")
J'!OEPQ>A
<R
"2!0)"
&2%!%%L!"2
%G"!0!")
!"06
%6)
).&)
=>?@ABCACCEFP
"2
%G"!0!"0%$2
0"
%L%)"2
"&MI'8ee4:Hf43f
"2
%G"!2
%2%0"0)62
!"!%!"
!""
#"$%
&'
(*
%)+%),&&
-%.'
(#0!"
'&) %$"%L!"2
%2%0"
%)"2!6&"&"$")!0)&6
")")&
."
0(!"d%
6dM")&
."
$%6)!)d("6dM0")
%9"
&%%()
!
"&&0M!9!7$"
%g002%
!0L"&
M2(&"d&&%6
!2&hM9%&&"7d&&%6
!0ML")"
%.2
(0i0"2
!"&
.")
0$&&
%.
"0jM)
9
%60%!"
$2
%9"$")!0
""N0!).
d0"d&&0%L!d&&L"&
0g&&
"$)g!62
!"
!6
LM)"g&.!).M0%
"d%
0ML%6&d&&)"!M)
$%
" ""OEPQ>A
R<Mg
"2!0!"!%2%.
27%L!"0!")
06 %6)
).
"
"2
%G"!
0!"0&%!"
%)&&0
"!!g022
%9"
L%
.
).)efMg!
!%)&00%!"
.
).
2&)022
%9"
);)
3::f !"2%!%.
20
"2
%9
"
)OEPQ>Ak
R )
Rl
lDFmnkADFmo?FEFP
"2
%G"!0!"0
".6&!"
)
h%)"
6)
"
!")% )K&"$")!" 2"L'&)i )K&"$")!"M
3:3jMg0d%!2&))).)
".6&!%
7 %6$")!!%$2&"$")!!".%&0M2%&"0M)
%dG"!9"0%L!"K!7%L )p_ZqZaYZ^WpZaYZaaU`_rZaZ\`_s_`atu`ap_ZqZaYZvwx33j "2
%G"!
0!"0y")"
&'&)&)
60"
"0.)!%)%Lz2") 2"'6d&iz jg0)!")
"
L%
26d&&74%g)"
"N0!).)
"
!"
2
(&)
0M2009"%2")02"
"0M
"
"!%)&L&!"0M
)
.%&L%6
0"0i )K&"$")!"M3:33M2J14:jK%)00!")7)&700%L!"2 %2%0"
2 %G"!
"02"!).!" )K&"$")!"K")!"))&y")"
&'&)J)
10")
!")% )K&"$")!" 2"L
'&).%&0)
2%&"002
%9
"
)D{|A}
<~R<)ABCE?F}
<~%L!05 #8-
%6$")!
651
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."343
5)!& !6
7#!.!"
8".!9"-"&
!%) #
3:3;
<=>?@A
BCB
652
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."345
6)!& !7
8#!.!"
9".!:"-"&
!%) #
3;35
<=>?@A
BC
DE
653
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."345
6)!& !7
8#!.!"
9".!:"-"&
!%) #
3;3<
=>?@AB
CD
EEFE
654
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!" '."3456)!& !7
8#!.!"
9".!:"-"&
!%) #
3;3<
=>?@AB
C
DEDFDF
G@AHBI1&!
80!"$0J3;33
655
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!" '."3456)!& !7
8#!.!"
9".!:"-"&
!%) #
3;3<
=>?@AB
CD
EEFGFHFH
I@AJBK1&!
80!"$0L3;33
656
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."34
5)!& !6
7#!.!"
8".!9"-"&
!%) #
3:3;
<=>?@>ABCDEDF@GE>?@>F?HI@CG>@G
<
JK>LD@GDAM>ENODK>@P
"2
%Q"!0!"0&%!"
R%&&7R!)!" %6!S%0!T
*0)U ST*VWR)&6
"0&&%X
Y
)."S%6)!70R"&&0!")%)4
"0"
!2%
!%)0%XZ%0T)."&"0W9"
0
"W)
)*"
)
)%
S%6)!"0
"
0!)!9"&$!"%X!" ST*0
"!"
$)"
[7!0!"
))
."%.
2&&%!%)
" ST*0)%0!&2&)R!%))"!).[
%
9&&"70)
&%R&&0W[%6)
"
[7!"'X
Y"))!"0%6!R"0!\6
)!R!.$%6)!)0X%
$).!"
"$)
"
%X!"2"
$"!"
"
.")"
&
".%)&"0)!"0"$42"
$)")!.42
"006
"]%)"%X!""0!"
)'X
60W!"&$!"
0$&
W!"$2"
"
[7%%&0"[
""]"0
0606&&7$&
&$!%&%.&2!!"
)0)!"
62!"
)X
"\6")!&7[72"
%
0%X"^!
"$"&7%!R"!"
WR)!"
0!%
$0W%
)!T)R)
00
"!&"
)
GF@>HA<
_
GHKHBPDAMH>K?
"2
(0!"R02
!%X!")% )S&"$")!"*60)"00'
(W)
!"0!"R0%
.)&&7$004
.
"
)`aGF@>HA<
b
"!&0!!)%$22"
!9"X6&!0%
T&\60!'
%&%c
!\6("d6&!
e%)"0
"R!)%
)"
!"2
%Q"!0!"
"")!
"2
%Q"!0!"0R!)&)
0&
"/
%
$)!
7%6).
%(0&
"/
")!X"
[7!"S&X%
)f"%&%.& 6
9"7)
0600"
)X6
!"
"!&)
GF@>HA<
b
"2
%Q"!0!"06)
"
&)[7g6!"
)
7&)
0&
"
"2%0!0Uh"))"
7W#"&W)
)W ).
3::Vi!"g6!"
)
7'"
%
"^!")
0X
%$22
%^$!"&73j`$&&%)7"
0["X%
"2
"0")!!%!"
2 "0")!
<
kPMEHKHBP
"2
%Q"!0!"0"&"9!%)0
).).X
%$22
%^$!"&7;`!%a`X""![%9"$")0"&"9"&
U$0&V1)
"
"^0!).%)
!%)0W0!%
$R!"
.")"
!"
%)!"2
%Q"!0!"
)0!%!")%
!)
"0!)%
!"0!)
")!"
0)"^0!).0!%
$
))&"!)!"6&4
"40!!""0!"
)!"
$)!%)
%XT9")
Z'!
00!%
$
)W2
"4"^0!).
)."[0)!!
0
."00!%
$R!"
X
%$
!"2
%Q"!0!"WX""
0)!%)6))$"
)."!!"
0"0!X
%$!")%
!"0!%
)"
%X!"
[%&%.&0!6
7
"U1 c'TW3:33V
l>HKHBP
"2
%Q"!0!"0&%!"
)
"&!9"&74
"9"&%2"
"W[6!!"*%&%.& !6
7T
"U* TV0
0!6!"
).")"
&."%.
29)!7!!0622%
!0.&"9"&0%X)!9"[%
9"
0!7)
!"
"X%
"
2 %9
"09&6[&"[!!X%
02"&40!!602&)!)
R&
&X"02""0
"$Q%
!7%X!"2
%Q"!0!"
06
")!&7
"9"&%2"
R!!""^0!).
!""
#"$%
&'
(U !""
'
(V)
!"*
%)
+%),&&
-%.'
(
"2
%Q"!
"&0%%)!)02
().&%!)!"R"0!"
)0".$")!%X!"
2 %Q"!
"W)
0%$"
"0%X[
"%
9"
702
0"&79"."!!"
0!6
["
"0R!0%$"
&)
02"
"0%)!)).2
$
&7%
)$")!&9"."!!%)
"
"
"%$$"
&
"9"&%2$")!0
)
00%!"
29"
"0!%!"R"0!)
0%6!)
&)
02"
"0!%!")%
!%X!"2
%Q"!
0!"WR!)!"* T0
"!&"
)GF@>HA<
<
657
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."345
6)!& !7
8#!.!"
9".!:"-"&
!%) #
3;3<
=
>?@ABCDEFGCDEH
ICFE?FJKEDKCJL
"!800"
:"
M8N7&&
)."%N27M&0"
:"0OP0!).N
"2
%!"!%))
"$"
.")8$"
&
0"
:"0
":&M&"!%!"2
%Q"!0!"R2
%:
"
M8!"S
)."T%7)!8U
"V7!%
!8WSTUVX
"
)"
"0!U
" !!%)0&%!"
5$&"0)%
!Y"0!N
%$!"2
%Q"!0!"WZ%%.&"O
!'
%R3;33
X
"STUV2
%:
"0
"07"RN
"2
":")!%)RN
"):"0!.!%)R[
%70$!"
&0
"02%)0"R27M&
)N%
$!%)"
7!%)R2
$"
R)
$M7&)"!
)02%
!0"
:"0W )T&"$")!"R3;33
\"X
?JBCDE?FJKEDKCJL
'%&"0"
:"0
"2
%:
"
!
%7.%)!
!Y!S
)."T%7)!8 "
NN]0-"2
!$")!WST -X
W )T&"$")!"R3;33NX
"ST -2
%:
"0&Y")N%
"$")!0"
:"0!!)&7
"2!
%&R
):"0!.!%)0R!
NN")N%
"$")!R%$$7)!80722%
!R
7."
7!%)R2
().%)!
%&R)
$"
2 ":")!%)V0&Y80R!"ST -]02
$
8.%&0!%2
%:
"0N""):
%)$")!N%
!0%$$7)!8
$"$M"
0!%")Q%8 )T&"$")!"]0$)8$")!"0
"T!8%N )T&"$")!"'%&" !!%)R7)
"
%)!
!Y!!"ST -R0&%!"
!;T&&"9".%%)
022
%P$!"&8$&"0Y"0!%N!"
2 %Q"!0!"W )T&"$")!"R3;33N^Z%%.&"O
!'
%R3;33"X
D_JJBH
"2
%Q"!0!"0)!"T20!
)%1)N"
%%&-0!
!WT1 -XRY0"
:"0&&%N!"T!8%N )
T&"$")!"
"T1 -%2"
!"0!
!84!
"""&"$")!
8W`4aX0%%&0R!
""`450%%&0R!")$
&"
0%%&0Wb45XR0P%$2
"")0:".0%%&0RN:"
!"
0%%&0R)
".!&!"
)!:""
7!%)
0%%&02
%.
$0WT1 -R3;33X
?cFdH
"T!8%N )T&"$")!"*""0R'
(0)
"
"!%)-"2
!$")!%:"
0""0!"70"%N<3e
"0
%N
"
"!%)&02")&7
).3<2
(0R3a$&"0%N().!
&0R)
!Y%$&"0%N27M&M""0R
0Y"&&0<<4
".%&N%7
0"W )T&"$")!"R3;33(X
K_EF?@ABCDIcDCBCKCEH
")"
"0!%02!&!%!"2
%Q"!0!"0'
%:
")"#00%)f%02!�%)+"Q%!3;;#"
&
T")!"
R#00%)+"Q%Re$&"0)%
!)%
!Y"0!%N!"2
%Q"!0!"'
%:
")"#00%)0a;e4
M"
N&!8!!)&7
"0)"$"
.")8
"2
!$")!W'
%:
")"R3;33XWZ%%.&"O
!'
%R3;33X
=
=gKCBCKCEH
hcKEF
"T!8%N )T&"$")!"0722&"0Y!"
Y!)!"!8)&7
).!"2
%Q"!0!"ijklmnonkpnqr
%$"0!Y!"
0M&")
%N07
N"Y!"
$2%
!"
M8!"#"!
%2%&!),!"
-0!
!%N %7!"
)
T&N%
)W#,- TX)
&%&.
%7)
Y!"
#,- T0%7
"0N%
$2%
!"
Y!"
"!" !!",!"
'
%Q"!W ,'XY
Y0Y!"
N
%$!"
$")!%4 )s%t7)-"&!R)
!"T%&%
%:"
W )T&"$")!"R3;332' 4X
658
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."34
5)!& !6
7#!.!"
8".!9"-"&
!%) #
3:3;
<=>?<
"@!7%A )@&"$")!"%B)0)
%2"
!"0!0B!"
!
"!$")!2&)!C&%!"
B!)!"!7
"
B0!"B!"
0"
9"
"!
D6!
7!%!" )@&"$")!",!"
"&$!%)'&)!E )@&"$")!",'F
022
%G$!"&7H;0I6
"$&"0
00"
9"
"
"2
"0")!022
%G$!"&7JH2"
")!%A!"
!%!&0I6
"$&")%
2%
!"
"%A!"@!7%A )@&"$")!"E )@&"$")!"C3:234F
KLMNO>PQ<
"@!7%A )@&"$")!"%)!
!0B!!"@%6)!7%AR
)."A%
!"%&&"!%))
02%0&%A!"
STUVWXXYZT[\]XU^_`]abZ^c^aU^defghijkSSYl[TamUYUn^`]abZ^c^aU^b^aU^aaT]Zo^a^l]ZpZ]aql]rU s5C!B%0%&
B0!"A&!"0"2!!"90!$t%
!7%A0%&
B0!"A
%$ )@&"$")!"uD%6!Jv
2"
")!%A!"0%&
B0!"A
%$ )@&"$")!"
02%0"
%A!&)
A&&0B00")!!%!"'
$-"0"
)!
7w)
A&&)!"@!7%A )x6)@20!
)%
"
"$)
"
B00")!!%!"y
)(
*%B"
$) )!
7w)
A&&)!"@!7%A5
9)"*%!A&!"0
"%2"
!"
D7R@,0!"z"7&).
E
"'&))).@")!"
C3:;F
L<{Q|M{MQ}
s&"!
2%B"
A%
!"@!7%A )@&"$")!"02
%9
"
D7 )-".%~0)
s&"!
E -~zsF
"
2 %2%0"
2 %t"!0)
"9"&%2"
"C)
!")A
0!
6!6
"A%
2 %9
)."&"!
2%B"
!%!"
")
!"2
%t"!0!"0B"&&"0!D&0"
)-".%~0)
s&"!
2
%9
"0"&"!
!7!%)
$)!)0
0!
D6!%))"!B%
(A%
)@&"$")!"E )@&"$")!"C3:332' 4vF
>Q|>L>P
"2
%2%0"
"9"&%2$")!B%6&
D"&&4"&"!
)
)%)!6
&.00622&"0%
)!6
&.0
0!
D6!%))A
0!
6!6
"B%6&
D"60"
<L<{KM{>QMKP
"&"2%)"C!"&"90%)C)
)!"
)"!0"
9"0
"%AA"
"
D79
"!7%A2
%9
"
0) )@&"$")!"C
)&6
).A)!7C@%G@%$$6)!%)0C 2"!
6$C)
%!"
0 "0"0"
9"0
"2
9!"&7%2"
!"
)
%AA"
"
!%"&%!%)) )@&"$")!"A%
A""
"A)"
D7!"2
%9
"
E $
!$%9"C3:33F
659
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 12 3'$
45!, 6 ,7 + $#' !8981
:
;<=>?@
040#. #A %#B + .0#'.# .C 0#0#.
! "#$%&
'(#')#'*$$+#,%&%#B D0#0#. 0#B #%#B E'F5." '',A4$# 04C$G 7 F',, ' .G' .#'"& .
H$A#'I'7#'" '$J4$5K
DHIJKEL4 $' .MN8O P4 . %#B + .0#'#''QDE 0 . $##'' C#4' .#A0#0#. 0#B RD8E. " '#A#CB 7 ..#4,C5 0#0#. 0#B '$4', 4' $5',040#. #A 0#B RD1E, ' $ .0#'#ASTUVWXYUZS[\SUZT]^Z_`a #'#"G' '7#'" '$ ..R'DOE. " 'C A$5 .C', ' '
4. .#A '7#'" '$#4" 'G'$4',$.#A , ' . b0 #4. I3 ' .#'"&',G$.#A 0 ".'# 00#7$. P4 #"0$ " ' 0#B G '$.#A $ '7#'" '$ 7 F'#'.4$#' P4 " '. P4 C5A $G G
#$#$$F.G ,4$#'.G#0#$ .
K' P4 0#B .0#'' '#C b4.7 C4
.#4$.400$5 $' ..5A#0#B 7$4#'
H5#A
'H$ " ' DH5E.0# ..', P4 .#"0$ " '. .#A. #'5#'. F#4$4$" $5$$#FA# 7 $#0" '#AH52' %&!. %$'/0 A# 0#0#. 0#B
H5. c K, '5A# 040#. .#A HIJK
d
<>e@fgh>figj>kikl@ggjkm
0#B . .$# 8OK7 'c%G "'4.#AK7 'c%G . ' $".#A H5#A
'H$ " ' 'n', H#4'5GH$A#'
o\\U\\XW[\p_WZU`qrstUWuopqv^\
w92NN829w
. '#"0.. .O1
w .G$$#AF $# F' 5
0&.
$# B '#
'n'#A
(
%&'!' H#0.(. H"0% '$ #'#
.#4' .G( $$H#$$'L#$AH$4C# '#G'0##'#A'# 'H$ " ' (4.' ..
%&# F .DL##,$ I%#G8988E
xTUy^Sz[\{U]UW_`p`_]$'4. '|#'', .,'#'.A# 0#B . n 2n0 '
0 G
%4C$$5nF' DH5#A
'H$ " ' G89wE''#
'H$ " '
0 A%$'-n
Dn0 '
0 EDH5#A
'H$ " ' G89}EG .0 7 $5
<>e@fgjg@~j?g><
0#B . F.#,'$$5 '7.#' .0#A '#
'H$ " '
0 A%$'G'F.
'$4 F'%$''',K ..#AC$$0&#'..',#AOw .
0&. F.0#A
'#
'H$ " ' (4.' ..%&G' . F.#,'$$5".., '}w
0&
' ,#$A#4. D( $$H#$$'EF 0#7 F'.
0 A%$'.C4AA C F '
C4.' ..'4.$4. .' 0$'' . '$
5F $.# .,' #0 . 7
'4$CG.F $$#7.4$$5 A' ' ,C###.
N
jm;<@
:
NH5#A
'H$ " ' G'#
'H$ " '
0 A%$'G0,
}
+ + "C 8998G'K" ' !wG898
660
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 123 4'$
56!, 7 ,8 + $#' !3931
:;<=>?
@
ABACDCAEFBG
H>I;J?
661
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 121 3'$
45!, 6 ,7 + $#' !8981
3':; . <. '" .
'=$ " '
0#.=#"0$ >?
! "#$%&?
@ 0#$ #@@
A@@
. #'$5
'=$ " ' 0#$ #@@ 7 # '
$' #@45
;
A,'$!. %$'@#
! "#$%&<.00#7 B5=5=#4'$'
C0$8991
.<.4$"'#'#@' '7#'" '$ 7 <0# ..B ,'<=5.@@' . '7#'" '$#'.4$'.'!58998
C" ? >.',4. .'$4 @#$$#<',D
EFGHIJFK LMJFGNF
O#42@ $.#@B$$#"0$ >
& %&9
;
%$5C .P4'4. Q9
R
%&','' '$4$#'1
8 ) , #'P'#4 ', $'.0 ?.4B 4 $Q8 S
LTU
V
=#'.4#''$4 @#$$#<',DPQ$,',0#7 B5!4.# 0#.$4. ?S99<" $
WXYZ[\]^_`a\[^`bcdWZeWf\`aX2 <##0#$ .gP8QB&.#0.@# @ $.gP1Q@ '', #'..',#@7#4. ,.'.h .@# '@ $?. $' '#4@ $0 " @ '',gPRQ .# B#.gPSQ<#'&',@#4''.gP;Q'@ $.4@ " $.#"0#. #@=##'=$5 %#i .gPQ
4@j..#'..',#@( "4,..
#$#'.'C$O .4 gP:Q
#k#<82'
0 " 4B',?$#',<<##$'$"B gPQ*'',
&.'*"40C .g'P9Q
=#' ..#'
'#"0. #@".#'5B4$',<" $##@" $
lmnnIopHqIHJFGMr
3'!898? =5< .,'#'#
*C#40 @7 . 2.0 @0&".
0$'.?'$4',
! "#$%stuv`wXxycyz{|}~{XY^`eZaWaW\Zaxd\XW\{
%&.' #'+ 0" '?#"0$ ' $ . '#'$' .47 5# 04B$#, @ B&'#"" '.#'.0&.
C@ .47 5#"" ' '#"" '.< 7 ?
=5@4 , '04@#" 04B$#4,. .#@04B$$52'# #""4'5 <#&.#0.
. <#&.#0.< $#'!5?898'!51?898
C#'$#"" '.
< 7 '#"0$ B5
*C'=5.@@@#$$#<',#. <#&.#0.
FKpNomoMF
HK
JFKFoHFHmmnnpKKpmo
`|\a\]\sy{ycyz{aW\Zaxd\XW\{fXstX`[\s\XaZ^`^]]ZZ^`s^Z[\[^]]\`aa^
*C#' @#' 04$ .,'.@# 0#0#. 0&
<#04B$@#4".< $'
|\a\]\sycyzXaaW\Zaxd^]"4'5= ' #.#$#'$#00#4' .@# 04B$# #"" ''.&4 .#'.#' @.@#' 04$ .,'.
C@ $$#@ 04B$@ B&'
#"" '.< 7 ?
*C"#@ .@.. #@#' 04$ .,'.?4.0#4',. #' . #@@#' 00$'.
;A@@ +#<'! "#$%, ?0.D<<<
#"0
#,#@@ 81120#$ 2#@@ 22#".2.
C .. #'
4$5;?8988
662
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 123 4'$
56!, 7 ,8 + $#' !9:91
;<=>?@A@B<CDD=EF>B<CB@G>HEID@AJKCALGE=MD@AJKCE>J<CAD@FJC@DNJ>?JC>?@OJ>PQARSSSECDTURV ( W%&.X #'!. %$'.Y & ''##'. #'Z6 *[ .,' "
! "#$%&. .,' Z6 \6.\#""5'6%&W.' .#8 : . '. .,' #. 8 $, 0##'.#] \6.#"0 #' ,Z###0&. ( $#Y
]'#'.#] 60 #]0&
^_`abcdacce
fdghi7 ,Z###0&. .,' #. 8 ' .#]$#$
' ,Z###.
6 , ' $$6$ ..': .
60$]$ .' . 0&.'$5
B?JID=@CQAGIEPE=@EALGJBCJBE=@EAL= .##"Z5$',.W.0#.#5.W j . .W'#0 ' 5]
ckklm_no
fdghp\#""5'60&. .,' #. 8 $, 0##'.#] \6# ' \6
6 , ' $$6#8 : .
. 0&.'$5 "q#.0#.]$ ..5
.Z. Z$$W.#]Z$$W.# W]##Z$$W ''.W'Z.& Z$$
. ]$ ., ' $$6'$5
] $$,','0&',$#.##""# ,5.
7 ,Z###0&" ' .r0'
E=@EAECDB?JID=@CQA0$6 .s $.#'$5 W.' #""5'60&. $.# .,' #. 8 ' ,Z###0&' .
\6.]]'
*[.#5,#"" '.]#" ( .W%&.X #'\#""..#'#' . #']#] #' 05$0$'
[] #"" '.Y 8 ' .. W
*[0 0
]'$#. ." .'\6.]]0 0 ]'$ #"" '#'#\6\#5'$]#.00#8$' + "Z 9:9
#"" '#'Z6\6\#5'$00#8 . #']#] #' 05$ .,']# 50 #] !. %$']#
! "#$%&
t
dcuch^e
fdgv^fnld^h
0#q Y#5$#'..#]irs"0#8 " '.# j.',0&] 5 .wr9s#'.5#'#]8#5. ' Y0&.55 .'] 5 .W'$5', $##'#'. #]8#5.0&] 5 .r
W#,
0&swr1s5$ ."0#8 " '.w'r3s0#q . " ' .r'$5',.55 .W $$.W..s '#'. $'.0',
fbx^
y
z.5""{ . 0#0#. 0#q ] 5 .
[ , .' ]#] 5 .5.',$'
v_`ld^
y
z.\#' 04$$5.8 %$' 0', $6#5#] 0#0#. 0&] 5 . r j.','' Ys'#'. " ' .
v_`ld^h
y
y#5,
y
|$$5. 8#5..0 .#]
'0 .0 8 .#] 0#0#. 0$' .,'' j.',#'#'.
663
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 123 4'$
56!, 7 ,8 + $#' !9:91
;<=>
?
@
ABBCD
EFGHFIJK>;HLM>G N;IJ>GHOEFGHFIJK>;HLM>G CPM>;J>
Q#5R ,5 2R, (. S$$
#TS$$
Q $.
7 U5T
Q#5$S$$' ',.5#5'',S. S$$
T $.
(. S$$.# S#.
(',V, R' .
U#(5$$0 '.
& (##
0 #
',
Q##V#' ..#'(5$',
W'$#.
#2R# :
X
%'Y
S$ .( ' .
U# .##".+'&',Q#5''.
#'$ .##".
%&Q5'5
R,
& S#V#5
WZ0' #'$5 .& S#U$["'.& 0&[
6#5.& 0&[0$" ,#8 [.#$\#' [
.& 0$\[0$'',#T8#5. .
:
]
U# Z.',0&',$#.U911
0&',.0 .
::#'$0&',.0 .U$$S #
#' #T $#.
R#U#5$$.#'$5 .#$
0' $. #8 .55 .
#'' #'#0#..S$ T55 0&',$#
1 9
Q ' $, ^'# ' _'
."$$^.#5 ' _+#,%&
W
0&'$5 .]2T
'$'&T ' [
' .., .U8 .S5$
V$$ WZ "#' ..# ,#'$
$
!#8 #' U$##'#'.
4'$5 .#,
0& '' U#5S$ , .'.
.55
:
>`
;MaK>;HLM>G bL;M>K>>H
!#5''(& c5SW'$, " '4'$5 ..0$05"0&[05"0&[ 0#0#. .##"[0' '.
.55 [$ '' 0 8 .,',
1[d3
Y86! #U.R,
# Q $1[X19
]2d%&$ S$$V#5.#'$5 .5"#5[. 8 $0 #5.['.#" #' ..#'. 50' .##"T$ .
U#%5"0
&Q$ .
R, +#,%&'
55 9:[99
"$$+#,%&'
55 [d:X
& S#c5S dX[]::
Q$ Z
0 )#$$ 6S$$V#5.#e0 '
0 19[9
'e8 $##&'
$$.[33
Y %&',R#
0 [d
fV#'.5#'
5$
+ 0 '',#'T'$T5'',.#5 .T# 0&"0#8 " '.[#'.5#'. ." #.'# $ 'g5$6[9:91
0#h U$$S #"0$ '0. .[U#"0$ #' Z0 d#9X "#'.T #'.5#'.
664
SECTION 3.0 - PROJECT DESCRIPTION
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 3-6Initial Study/Mitigated Negative Declaration March 2023 Figure 3.2-1
CONCEPT ILLUSTRATIVE PLAN
665
SECTION 3.0 - PROJECT DESCRIPTION
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 3-7 Initial Study/Mitigated Negative Declaration 2023
Figure 3.2-2
CONCEPT ILLUSTRATIVE PLAN – SKATE PARK HUB AND MOUNTAIN BIKE HUB 666
SECTION 3.0 - PROJECT DESCRIPTION
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 3-8 Initial Study/Mitigated Negative Declaration 2023
Figure 3.2-3
CONCEPT IMAGERY – SKATE PARK HUB, MOUNTAIN BIKE HUB, TRAILHEAD SIGNAGE 667
SECTION 3.0 - PROJECT DESCRIPTION
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 3-9 Initial Study/Mitigated Negative Declaration 2023
Figure 3.2-4
CONCEPT IMAGERY – ACTIVE RECREATION, BASEBALL & SOFTBALL HUB 668
SECTION 3.0 - PROJECT DESCRIPTION
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 3-10Initial Study/Mitigated Negative Declaration 2023
Figure 3.2-5
SITE PLAN – EXISTING CONDITIONS
669
SECTION 3.0 - PROJECT DESCRIPTION
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 3-11Initial Study/Mitigated Negative Declaration 2023
Figure 3.2-6
SITE PLAN – EXISTING OPEN SPACE
670
SECTION 3.0 - PROJECT DESCRIPTION
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 3-12Initial Study/Mitigated Negative Declaration 2023
Figure 3.2-7
SITE PLAN – EXISTING TOPOGRAPHY
671
SECTION 3.0 - PROJECT DESCRIPTION
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 3-13Initial Study/Mitigated Negative Declaration 2023
Figure 3.2-8
SITE PLAN – OPPORTUNITIES
672
SECTION 3.0 - PROJECT DESCRIPTION
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 3-14Initial Study/Mitigated Negative Declaration 2023
Figure 3.2-9
SITE PLAN – CONSTRAINTS
673
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 123 4'$
56!, 7 ,8 + $#' !9:91
;<=><?>?@A>ABC=D><E=EFG=H?I
4'#' JKLMNO5 $' .
#'PQRQRS K6.ST. #' 'U#"#'&'#J'
" #U0 0#'#U.4'$
56S 'U V
W
8#5.05T$, ' . X0 #5. 4'$
56' .#'2
"&',Y
W
$ '8#'" '$ 8 J'#'.5$#' Z5 " '.#UU $S S#$#$
$J.S ,5$#'.S#0#$ .
# U5$$ . X '0#..T$ S K6S. KLMN[
N, '6SJ$$' , KLMN 8 JJ . $ '8#'" '$ 8 J' #'.5$#' Z5 " '.Y'
W
.0 U0 ".'# 00#8$. Z5 #"0$ " ' 0#0#. 0#\
]EA^_>=EB<F_IF<?`?aE<EA=_F=Eb>`^=EB<A
cdeedfghijklmgjnopqrrsdtqedujklvhgjgqewjxynz{gjgiqjly|liqjgtl}l~eqsqjgdh.',$ 0 " J#5$T ..5 T6 K6##8 $$T5$',2 $ Z5 " '.S'$5',. 0 0#'S 'U.55 '8 $#'.5#'
K#'.5#'"60# '0. .S 0 '',#'
U5'',.#5 .S'.',$ 0 "J#5$T ..5 U# 0. Q*6$ S "'S9:99R
674
!"##
$#%&
'(
)
*
+
&*,&*-''
.&/(
)0$
1"#
('
*23
"#(
/#45
6*"
'!"7
8$"/
"#
9#/
":#.#'
"&* $
;<;=
>?@AB>CD>EFGHFIEBAJKBED>E@FGGLMMDIEDN
##*:
&*%#*"
'O
"&
1#)#
P#'&QQ&7'
P#3&"#*"
''8
OO#"#
P8"13
&R#"S*:&':*/
"'#
1"&*#%3
""
"1
TUVWXYWZ[\\]^Z_YZ`Za[YWbcd[aWeVf[g[TUVWXYWZ[\\]^Z_YZ`Za[YWhY\Xgg iZWZ_[WZVYbYaVfdVf[WXjke[gZYjZa[WXjl]WmXamXan\ZgWVYWmX`V\\VoZY_d[_Xgp q#1"#"1 q/
7'"7
'
*
r&
#1"#1&7
#1 q
s7
'"8
+&'&/
'#1&7
#1 t7'"7
'#1&7
#1 u*#
/8
v#&'&/8!&'1 v
##*&71#v
1u%11&*1 w
x
1yw
x
&71$
"#
'1
w8
&'&/8-
"#
s7
'"8 z
*
21#('
***/ $*#
'#1&7
#1
9&1# (&37'
"&*w&71*/ (7P'!#
:#1
#
#
"&*
*13&
"
"&*
P
't7'"7
'#1&7
#1
2"'"#1!#
:#!81"#%1 -'
O
# $
*
"&
8r*
*/1&O!/*O
*#
{DEDAC@>FE@B>|B}DBC~GDEDNLEDDFND>IL
*"#P
11&O"1*"
'#:
'7
"&*
6O*
"
""#3
&3&1#
3 &R#"t2z.9
:#
1/*O
*"#OO#"&*"##*:
&*%#*"S
*
9uvq6,u.utzqq69Q''P#3
#3
#
6O*
"
"
'"&7/"#3
&3&1#
3 &R#"&7'
:#
1/*O
*"#OO#"&*"##*:
&*%#*"S
"#
#Q''*&"P#
1/*O
*"#OO#"*"1
1#P#
71#
#:1&*1*"#3
&R#"
:#P##*%
#P8
&
/
##
"&P8"#3
&R#"3
&3&*#*" q$66vqu.9uvq6,u.utzqq69Q''P#3
#3
#
6O*
"
""#3
&3&1#
3 &R#"$q
:#
1/*O
*"#OO#"&*"##*:
&*%#*"S
*
*
u9,69$u9qz6$(qtu(1
#7
#
b`ZYjWm[WWmXdfVdVgXjdfVXaWim[X[TdVWXYWZ[\\]gZ_YZ`Za[YWZcd[aWeVfTdVWXYWZ[\\] gZ_YZ`Za[YWY\XggcZWZ_[WXjeZcd[aWVYWmXXYZfVYcXYWklW[W\X[gWVYXX``XaW 1P##*
#7
"#'8
*
'8x#
*
*#
'#
&7%#*"37
17 *""&
33'
P'#'#/
'1"
*
1S
*
;
1 P##*
#11#
P8%"/
"&*%#
17 #1P
1#
&*"##
'#
*
'811
1 #1
P#
&*
""
#
1##"1 q*u9,69$u9qz6$(qtu(1
#7
#
SP7""%71"
*
'8x#&*'8"##OO#"1"
"
#%
*"&P#
#11#
6O*
"
"
'"&7/"#3
&3&1#
3 &R#"&7'
:#
1/*O
*"#OO#"&*"##*:
&*%#*"S
P#
71#
''3&"#*"
''81/*O
*"#OO#"1
:#P##*
*
'8x#
#7
"#'8*
*#
'#
u6&
9uvq6,u.utzqq6937
17 *""&
33'
P'#1"
*
1S
*
P
:#P##*
:&
#
&
%"/
"#
37 17
*""&"
"#
'#
u6&
9uvq6,u.utzqq69S*'7
*/
#:1&*1&
%"/
"&*%#
17 #1"
"
#%3&1#
73&*"#3
&3&1#
3 &R#"S*&"*/O7
"#
1
#7
#
!/*
"7
#
.
"#
!
%
*"
-8'#
(
*"#
9 %#
t"8&O!
*t'#%#*"#
675
!"##
$#%&
'(
)
*
+
&*,&*-''
.&/(
)0$
1"#
('
*23
"#(
/#456
7*"
'!"8
9$"/
"#
:#/
";#.#'
"&* $
6<6=
>?@A?BCDEDFE>CGDEHIEB?@HJ?KBL
MNOPQRSTSUVWXYXZR[YR\QS]^RQS_T[QXWWXY\`SQ\SUaSVZbc[deVXaZfXY\`SQ\ZgXZXQS
#h8
"#'91833&
"#
i9"#*j&
%
"&*1&8
#1
'#
/#*9"#1*"#3
#*"#1#1
T[WW[`RYkSXag]^S\ZR[YlObc[deVXaZfXY\`SQR\X_S]^XZSWm\^VV[QZS_RTZgSQSTSQSYaS_ *j&
%
"&*1&8
#11&n"
""#%3
"1%3'9
*&"
33'9"&3
&o#"1')#"#&*#
*;&';#
M# / p"#3Q[qSaZTXWW\[^Z\R_SXTX^WZQ^VZ^QSr[YSslObc[deVXaZfXY\`SQ\g[^W_ i##t3'
*#
n#
#"1i
1#
&*3
&o#"513#jj
"&
1p
1n#''
1/#*#
'1"
*
1 M# / p"#3
&o#"n&8'
*&"#t3&1#1#*1";#
##3"&
1"&3&''8"
*"1pi
1#
&*
3 &o#"513#j1
##**/
*
'911N
M6Nu''
*1n#
1%81""
)#*"&
&8*""#n&'#
"&**;&';#
p*'8
*/&jj1"#
1n#''
1 &*1"#p8%8'
";#
1n#''
13 &o#"5'#;#'p*
#"
1n#''
1
#"p
*
&*1"
8"&*
1 n#''
1&3#
"&*
'%3
"1
M=Nv*#"#'#
/#*9
1 #"#
%*#
"
"
3 "8'
391
'%3
"%
9&8
"#*"#
#)'1"
*1n#
1%81"*
"#n#"#
"#%3
"13&"#*"
''91/*j
*"p'#11"
*
\RkYRTRaXYZ`RZgeRZRkXZR[Yw[QWS\\ZgXY\RkYRTRaXYZlbx[ZSYZRXWWmyRkYRTRaXYZdeVXaZfR\
33 &3
"#j"#
#118i1"
*"
'#;
#*#"
"
*#jj#"%
9i#1/*j
*" 7j"#
#
#
[YS[Qe[QSbx[ZSYZRXWWmyRkYRTRaXYZdeVXaZfSYZQRS\`gSYZgS_SZSQeRYXZR[YR\eX_SwXY z71
#h8
#
M4NbcSkXZR{S|SaWXQXZR[Y}~S\\ZgXYyRkYRTRaXYZ`RZgRZRkXZR[YdYa[QV[QXZS_fXVVWRS\`gSQS ZgSRYa[QV[QXZR[Y[TeRZRkXZR[YeSX\^QS\gX\QS_^aS_XYSTTSaZTQ[ebx[ZSYZRXWWm yRkYRTRaXYZdeVXaZfZ[Xb~S\\ZgXYyRkYRTRaXYZdeVXaZlfgSWSX_XkSYame^\Z_S\aQRPSZgS %"/
"&*%#
18 #1
*
i
#j'9#t3'
*&n"#9
#
8#"##jj#""&'#11"
*1/*j
*"
'#;#'
MNz
'#
*
'91#1%
9i#81#n#
#p38
18 *""&"#"#
*/p(
&/
%z7p&
&"#
zu
3 p
*
jj#"
1i##*
#h8
"#'9
*
'9#
*
*#
'#
z7&
*#/
";#
#'
"&*
M!##!#"&*<
=MNM=NM.N&j"#zu8
#'*#1 7*"1
1#p
i
#j
1811&*1&8'
#*"j9"#j&''&n*/
M
Nz
'#
u*
'91#121#
7 #*"j9
*
1"
"#n#
#"##
'#
*
'911
;
'
i'#j&
#;#n
MiN7%3
"1u
#h8
"#'9u
#11#
7 #*"j9n#jj#"1j
&%"#
i&;##)'1"n#
#
n"*"#1&3#&j
*
#h8
"#'9
*
'9#
*
*#
'#
&8%#*"38
18 *""&
33'
i'#'#/
'1"
*
1p
*
1"
"#n#"#
18#jj#"1n#
#
#11#
i9
%"/
"&*%#
18 #1i
1#
&*"##
'#
*
'911
MNRZRkXZR[YSX\^QS\l[QSTTSaZ\ZgXZXQSb~S\\"
*!/*j
*"n"$"/
"&*
SX\^QS\dYa[QV[QXZS_wf_S\aQRPSZgSeRZRkXZR[YeSX\^QS\ZgXZ`SQSRYa[QV[QXZS_ &
#j*#
j
&%"##
'#
&8%#*"
*
"##t"#*""&n"#9
#111"#5
13#j&*
"&*1j&
"#3
&o#"
M
N#
/#*#1
##*&8
/#
"&*&
3&
"#*"&"##)'1"
#j#
#*#1"&*j&
%
"&*
1&8
#1j&
3&"#*"
'%3
"1M# / p/#*#
'3'
*1p&**/&
*
*#1N #j#
#*#"&
3 #;&81'93
#3
#
&
&8"1
#
&8%#*"1&8'
pn#
#
33 &3
"#p*'8
#
#j#
#*#
676
!"##
$#%&
'(
)
*
+
&*,&*-''
.&/(
)0$
1"#
('
*23
"#(
/#456
7*"
'!"8
9$"/
"#
:#/
";#.#'
"&* $
<=<6
"&"#3
/#&
3 /#1>#
#"#1"
"#%#*"118?1"
*"
"#
@1&8
#'1"1&8'
?#
""
#
*
&"#
1&8
#181#
&
*
;
8 '1&*"
"#
1&8'
?#"#
*"#
1811&*
AB!833&
"*/7*C&
%
"&*!&8
#1D@1&8
#'1"1&8'
?#
""
#
E
*
&"#
1&8
#181#
&
*
;
8 '1&*"
"#
1&8'
?#"#
*"#
1811&*
AFB11&*'9
18//#1"#
C&
%E
*
'#
/#*#1
#C
##"&81#
CC#
#*"C&
%
"1G&>#;#
E
'#
/#*#11&8'
*&
%
''9
#11"#H8#1"&*1C
&%"1#)'1""
"
#
#'#;
*"
IJKLMJNOPIQROSTUMJSVOS"
'#CC#"1*>
"#;#
C&
%
"11#'#"#
AB##W3'
*
"&*&C#
118#1&8'
#*"C9D
A
B#1/*C
*#
"#
&
"
#1&'
EC
*9E81#
"&#;
'8
"##
H8#1"&*G
*
A?B#%"/
"&*%#
18 #
#*"C#
EC
*9E"&
#
8#"#%3
""&'#11"
*
1/*C
*"
677
!"#$%&!%'!%("")!*#$+,
#"%-.
#*
/0
1%
"
23
*
4
*
5
)
"
!% 6768
9:;<9;=>:
?@ABC;<9DE@F9>;G
H@;9I;=JBBK
=LI=M=>JI;
NDJ>;
O9::;<JI
=LI=M=>JI;
NDJ>;P=;<
Q=;=LJ;=@I
I>@ED@EJ;9C
O9::;<JI
=LI=M=>JI;
NDJ>;
@
NDJ>;
RS5
,2T,
%
"5
,
UU
!%
,
%5,
V W
TR
2T,
%
""3 *
,
%
,!2
,X%"2%*XT2
%!
"
!X
,X!2
!..%*,X%,
!
T2"%*,Y
%,
,
%
*Y3V
W
R1%%!%02T%Z
,X
,2T,
%
""3
*
[,
%*
5,2"
!\2"
3!U.2T"
5
Y,!U
,
%
,
,2!2%%*,V]#2T"5
Y,
!,
[.
%
U!
.2T""3
,,T"
5%
*
.!%
R1U
.!^
,%%2T%Z
X
Y!2"
.!^
!%U"
Y
.."T"
Z!%%*%!
*2"
!%,*!5
%%*,
%
\2"
3V
W
R_
%
Y,!2
!U,2T,
%
"
"*
!*"
YY!2"5
,
"3
UU
3!%*
5
Y,%
V
W
`abcdefghibcjkilhimnciogephdmqhrecgmhibcjkilhimsphbhgktlhimtfmmhjidurecgpcivdutfjwciv
,X%2"
!%
"
%
,R%%
2"
%5!%
%
],2,"",X5
*
!%X!$
!2
!..%*,X%*
.
Y3,X%,!",RU
2
,',2"\2"
3X5
Y
*!2.,%,
%,
5
3X
2
!%X%5,2"
,!2
,
Z
5
Y,
x',2"\2"
3
U
,
!
*
%
"
,
\2"
3!U5
YX,2,55%
,,X%
%
,,X
%2%
3
x'
Y
*!2.,
%
U3Y!, !,
"$
"3
!
[.
%
5
Y
xS*0,
%,
5
3"%2,
,%"2
,
%
,X,!!",X."3*!2%,X
"*!2,%,
2 !%,X
%.,,5
!2
!!,.
,,2,.$,X."3*!2%,X%
!%
,
x)2
!%!U5
Y,
!2%
!U
.
2"5
Y%T
,
%T3,.
U
5
Y
*!2.
x',2"
,!2
,
U
!2%\2
5
Y,X%5
Y,
%
U
%"!"."%,XU! ,
%
*Y3,X!!U,.
U2%\2
,
2
2
,!"%,.
U
2
,
678
!"#$%&!%'!%("")!*#$+,
#"%-.
#*
/01
2%
"
34
*
5
*
6
)
"
!% 1718
9: ;<=>?@ABCD<EBF@A9GB9H=IH@9J@K9>9?GBDHBBLLBF@<J9HFBJKFGKH@9M NBHH@A9JKOJKLKF9J@PC9F@
%6,
,*
%
""4%"3
Q
%,6
.%! 6
R,!S%
3"S
3
,T3%3,3"
%T!
3%U3
3V%!,
!S
3
,TS!R
S
"!S6
R%V
R
%
Q
%%
!
,
%
T%S!"6
R,
S!3,!%.
3"!VW
T,
%
!S
3
!S%
,
%6,
,
6,V"
S!
.!W
,
%,3!3%%*,!S&
""X!""%
%X"
%
T.6
*!"S
!3,
T
!
%!
T%
%Y%!S
&
#$%%
X!.,&,
X .#
%"
!%
!
,
%,!3
6
R
!
R
,
T!S%3,
"0,
4"
V3"%*,%%!
%X"
%
&3,%
,,#$!%V"3SSV!6
.!W
,
T,%!
!%,
!V
,
%6,
5!%
!S
6
R,!S
,3!3%%*
R!3"V
.
V4! ."
!%!S
.!W
S!
T .
,
R!3"V
"
,,
%,*%S%
I: ;<=>?@ABCD<EBF@H=IH@9J@K9>>Z?9P9OBHFBJKFDBH<=DFBH[KJF>=?KJO[I=@J<@>KPK@B? @<[@DBBH[D<F\<=@FD<CCKJOH[9J?AKH@<DKFI=K>?KJOH]K@AKJ9H@9@BHFBJKFAKOA]9ZM <PC9F@
X"S!%)
.
%
!S%,.!
!%^X"
%,_.!6
,%S!
!%
*%*!SS""4
,*%
!
"*V"
,
,
%*R4,T
,*%
,.
!S
X"S!%
%`*R4
#!* aKO=DB
bc,!R,"!
!%,!SYSS""4)
,*%
%d"*V"
%`*R4,
"
6
!
.!W
,
"!
!%
%!!SS""4
,*%
,
,
%*R4,R
%
87 "
,!S
.!W
,
T"
!3*X!,
`*R4
!3*
%X"
%
^V!3
"
,S!
.!W
_,%!
,d"*V"
S!
,*%
!%)3
!
"*
,
%
V
R
%
.!W
,
%
%
,
)
,*%
*R4^
!3
%
e%
_T!%,
3
!%%
."
%
!%!S
.!W
R!3"6
%! .
,!%,
,
%*R4,
S!
T
.!W
R!3"6
%! .
,!%
,T!$!3
!..%*,%,
!V3"%*,R
%,
,
%*R4
F:JJ<Jb=DI9JKfB?9DB9H[]<=>?@ABCD<EBF@H=IH@9J@K9>>Z?BOD9?B@ABBgKH@KJOGKH=9> FA9D9F@BD<Dh=9>K@Z<LC=I>KFGKB]H<L@ABHK@B9J?K@HH=DD<=J?KJOHMij=I>KFGKB]H 9DB@A<HB@A9@9DBBgCBDKBJFB?LD<PC=I>KF>Z9FFBHHKI>BG9J@9OBC<KJ@:
L@ABCD<EBF@
KHKJ9J=DI9JKfB?9DB9[]<=>?@ABCD<EBF@F<JL>KF@]K@A9CC>KF9I>Bf<JKJO9J?<@ABD DBO=>9@K<JHO<GBDJKJOHFBJKFh=9>K@ZM
NBHH@A9JKOJKLKF9J@PC9F@
.!W
,
,"!
*
!S%3V%k
T%,R
%
.
S#"%
, Q!S3,
,T%"3%*V3,%
,,.$%
!%!.
%,.
T !%*!
,'
R,!S
Q,
%*,
,.
. "4!S!.
%,.
T"
!3*
6
R,
!
R
,
k
V4!%
0,
!4%3,
"0,
4"
V3"%*,!%V"3SSV!6
.!W
,
S
!9I>B
b
TR
,V
,
Q,
%*6,3"
%
6%
4!S
.!W
,
aKO=DB
bc%"3
,.!
!*.,!S
.!W
6%
4
679
!"#$%&!%'!%("")!*#$+,
#"%-.
#*
/01
2%
"
34
*
5
*
6
)
"
!% 7871
9:;<=>
?
@A
B
680
!"#$%&!%'!%("")!*#$+,
#"%-.
#*
/0/
1%
"
23
*
4
*
5
)
"
!% 6768
9:;<
=
>?@A
B
C
C
DB
DAECF
C
BGH9IJGK ?<K<L9;
M9L9HI<LJNIJHN OJNIJKPBJPMIJKP QRJ;SJKP<JPMI9KSD<NJPK B9KSNH9TJKP #!U
)
5 "!.
.2V"
,.!
,.$
#$W"
,0
"
"*
,X%"2%*W
",
%,$
!2
4!%
Y
.
0,
!3
,,!3V2"%*,W!
,.!
,W
",%,$
!2
Z,,
,X
X
!%
%
"
,%
,2V,
RLLGRKSJKP
L<9N
4!
&
""[!""%
%
["
%
\*!"W
!2,
]
^Y
!"*
%*
,,!
_
*!"W
!2,
%"2V!2,
4!%
5,V"
W!
.!U
,
`%
%
"%*!"W
!2,
5 *
!%
!%,,
%*!W
,X
*,,
,X%,2V,
!2
%
!2
,
%`%!W
&
+
2%
5 "!.
!.
%
,.
%!%
'%
"%4
5
5 *
!%
^,
%`%!W
&
%[ .
#
%"
!%+
2%
5 "!.
!.
%
,.
a U!
.!_
"%
!_
,
%W!
*!2%
%!%
'%
"%4
5
5 *
!%
(
,
&2,%
,,.$!%
V"2WWV!5
,
^Y
!"*
%*
,,!
_
V2,%
,,
.$
%*"
0,
!3
"
02. %2,
"V2"%*,
`%
%
"
"%,.%*
%"2%*W
_
,
%!%
%
"
5 *
!%
GRLH<b-"
3,
,X6766%Z!!*"
^
X6766
681
!"#$%&!%'!%("")!*#$+,
#"%-.
#*
/012%
"
34
*
5
*
6
)
"
!% 7879
:;<=>?
@A
BCDE
F
G
GDH:IGJ
682
!"#$%&!%'!%("")!*#$+,
#"%-.
#*
/012%
"
34
*
5
*
6
)
"
!% 7879
:;<=>?
@A
BCDE
F
G
GDH:IGJ
683
!"#$%&!%'!%("")!*#$+,
#"%-.
#*
/01%
"
23
*
4
*
5
)
"
!% 6768
9:;<=>
?
@ABC
D
E
EBF9GEH
684
!"#$%&!%'!%("")!*#$+,
#"%-.
#*
/01
2%
"
34
*
5
*
6
)
"
!% 7879
:;<=>?@=A:;
B!%,
3
!%!C
.!.!,
.!D
E!3"
,3"
%6
E,!C!%,
3
!%
6
,F!%,
3
!%
,
*%*
,F*%*F
G6
!%F!%,
3
!%
H3.
%
F
",
!*
,F!%,
3
!%
I,F%
G.!,
%
,!%
.!D
,
)3%*.!D
!%,
3
!%F
E!3"I
%
"
%
,!%
.!D
,
%!
! .
I"
E
.!D
6%
4
,
4%"3
JKLMNOPJNQKLRSPQTURLNVMNKJWTQXRYUZNROQZXMVZLYJKLMNOPJNQKL[ZORZ\ZOOQROMZLY]RLJQL^_`aQXR
,
"
%
,E!3"I
!6
C!""!E%*!%,
3
!%F
4E!3"%!%
"
,,
,3"
%
.!4 .
b!E
6 F3%*.!D
!%,
3
!%FE!$
,E!3"I
,
%
C! .3I"
6
EI4
.!4I
,C
%%*#!D
!%,
3
!%!3"
.!"4
*
G,
%*
6,3"
!C
.!D
%
,
,3!3%%*,, .
E!3"I
,!
0
%
3,E!3"I
"
,,
%,*%C%
cd>e=A:;
! ."
.!D
E!3"%"3
%3 I
!C
!%"
6
4
,E
%
,
I",
.$I!3%
,F%"3%*,!
E""%!.!
, ""F,%*"
0,
!4,
3
3
,,.
!C
,*%,
.!.!,
.!6
%
,E!3"%!
I
!3
!C
E
,3!3%%*
!
!
C"
,E
%
.$
.!.!,
.!D
E!3"%!
*
G,
%*6,3"
!C
,
I
3,
%
E,
3
3
,E!3"I
!%,,
%
E
*
%
"
!C
,3!3%%*.$
%
,!C
3",
4"
%,
I$,
!6
"",
."%
,*%%!.!
,%3
!3,"%,.
,!%,
.!D
E!3"
.!6
G,
%*3%
3
"f
.!
!%,!C
.$F
I4
,3"
%*%I
%
C"%*
!
G,
%*,
!%
!%,%E!3"%!
6
,
"4CC
G,
%*6,3"
!C
,
%
,
,3!3%%*,
!
"
#
$
%%
#
#
&''()*+,'+-*)./*0&,*1&&'(+*/-2+'(+)3-,')('/()3+-1(4/)*/-2)&5+'6&55(6*&')780()(,)()+'( 6&-)/1('(1)(-)/*/9(:(6+,)(),-5/20*/)/;<&'*+-**&=,-6*/&-3<0>)/6+56&;=&'*3&'6&;;('6(7?0/5( <'&@(6*/*)(5=/)+'(6'(+*/&-+5,)(3*0('(+'(-&&*0(')0+1&.A)(-)/*/9(,)()/-*0(9/6/-/*>&=*0( <'&@(6*780('(=&'(3*0('(6+-:(-&)/2-/=/6+-*)0+1&./;<+6*7 B CDE
FG
F DF
HDIJEEJKFKEF J
DE
LFEMHH
MFJKJ
LJ JFN
OPJKJHJ
QFD
J
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
!"#$%&!%'!%("")!*#$+,
#"%-.
#*
/0
1%
"
23
*
4
*
5
)
"
!% 6768
9:;<=>?@
.!A
.!.!,
,%
B
C
!"*
%*%
%
,!D
,
1%,
""
!%!D
C
!"*
%*
B!2"E
%
,,3D!,D
3%%*
5,E"
3 !2*!2
.!A
%
B.!A
"*
%*B!2"E
5,E"
D!
,2!2%%*
2%*.$!.
%*!2,
D!
F
GHIJKLMNOGHIGIOKPKQMKHRIHSRTUMRVTROKQGKLMKPMILIVMHRWXMKMIYZWRKVMVRTUMMRZKRSSXZRVYMRIVRV
.!A
5%
3
.!A
,
,"!
%
*
!D%2E%
FB,
[
E3"!B
!
2 %*
E
%
"*
"
5 ",
"*
,F
DD!%"!",
,F%
C
!
"*
%*%,2!2%%*
5 "!.
%
,
. 3,!2
,!D"*
!%
E2
!
E
%
"*
"
5 ",%
.!A
\
%
.!A
,
"DF
%!"*
0,
%,
5
2,
,%
.!A
2,F
.!.!,
.!A
B!2"5
"
,,
%,*%D%
.
*%*%
B
,!2
,!D"*
]^_`?a
$3b"!B,
E*
%%*!D
,$3
!2,,
,2"
!D!2
!!"*
%*DC
2
,
%*
.!
!%!D
"*
"3%
!
,$3#!A
"*
%*B""E
!B%B
!""2 %
5
3
,B
%
.!A
F%%!.!
!%!D
"*
B!2"E
%
!
,$3
$3
*"!B .
,B!2"E
"
,,
%,*%D%
_`<;:
b"
,
!EA
!%E"
E*
%
,,2,
E3!5
0""2 %
!%F,B
"",.!!"3,
"
!.!!"3
"*
DC
2
,
.!.!,
.!A
B!2"%
!2
%
B!2
!!
D""*
%*
"
%
,F
B5
.!
%
"
!
,2"
%*"
D
%E
,!D.!.!,
"*
%*
"
%
,c
F
.!
!%!D
" .B
*
,
""2 %%
d
5,E"
D! !DD,
"!
!%,F
,2"
%*%
C
,,5
F2%!%
!""
E*
%
,,e!B
5 F
,*%!D
.!.!,
.!A
B""%!.!
"*
%*
!
,%!
5
,
*"
2,F*"
.
,B!2"E
"
,,
%,*%D%
686
!"#$$%$&'
()
*
+,
'+-'+.((
/'0)
*1%
2#$
)(
+34
#$)
0$5!67
8+#
("#9:%#0
#$;$0
#<$/$(
#'+ %
6=6>
?@ABCDEC@FGHIJ@FKE@LFKJC@BFK
MJCDIENFO@JPFBEQ
RJEFHEAGDDL
A?HASABGHE
TOGBE
FKKENGH
A?HASABGHE
TOGBEUAEN
VAEA?GEAJH
HBJ@OJ@GEFI
FKKENGH
A?HASABGHE
TOGBE
J
TOGBE
WX'+<$
#)
&$Y
&(
+Z3+[9$
Y
&(
+Z'
Y
&(
+'\"#
#$]$
8&4'
#
+$^Y
&(
+WZ
22 ']+'+
#
$&
424
$4
$49
29 +##'#
$
Y
&(
+%
44+0
+%'+#'
+0
)
'0
&'\#
$X
(\'
+
$2'9
$2
_0$+:Z#'+'+7
0 9(#9
(92$`
a
bWX'+\(#]#
$c2#+0d'++0\'
0 9(#9
(92$Z'
.((
&2'+_#
'+#
#`
a
WX'+\(#]#
$c2#+0d'++0\'
Z'
92$
$d'++0'\Z\'
$2#(
+^
2 $\+$+)9b($2'9
$2X'$
e666=^0WWZ#&b$
(
+^
2$\+$
b:)9b($2'9
$2X'$2e5f6gWZ'
#&b$
(
+d'+$ &b$
(
+
)
'9#'+^
2$\+$b:
h'<$
+&$+#X'$ef=5^0WW`
a
W$29(#+#
$('22'\\'
$2#(
+'
'+<$
2'+'\\'
$2#(
+#'
+'+7\'
$2#92$`
a
$W8+<'(<$'#
$
+0$2+#
$$c2#+0
$+<
'+&$+#]
Z9$#'#
$
('
#'+'
+
#9
$Z'9(
$29(#+
'+<$
2'+'\Y
&(
+Z#'
+'+7
0 9(#9
(92$'
'+<$
2'+'\
\'
$2#(
+#'+'+7\'
$2#92$`
a
Gi MJCDIENFO@JPFBEBJHjF@ER@ATFG@TDGHIkHAlCFG@TDGHIkJ@G@TDGHIJS EGEFUAIFTOJ@EGHBFmG@TDGHIikGKKNJUHJHENFTGOKO@FOG@FIOC@KCGHEEJENF G@TDGHIVGOOAH?GHIVJHAEJ@AH?R@J?@GTJSENFGDASJ@HAGFKJC@BFK ?FHBLkEJ
HJHnG?@ABCDEC@GDCKFo
JTOGBE
$4
'p$#2#$
+29
'9++092$2
$$20+
#$b:#
$/<2'+'\q
+$2'9
$)
'#$#'+
rstuvwxyz3
b
+
+,9(#734q
+{x|}z~tx|}y{ryA?C@F
nb$(']W]
2(
++'#
+(9$+
+:'#
$
&
44+0
#$0'
:#
$+$
$2#3+[9$Y
&(
+2>!5&($2+'
#
$
2#'\#
$
4 'p$#2#$!
#
$
q
++(9$2(']$+2#:
9 ($<$('4&$+#2b
92 Z#&b$
Z]$#(
+
+
4
+
$
2+'#29#
b($\'
(<$2#'*0
d+0'+\+$(<$2#'*Z4'9(#
:'
[9
9(#9
$\
(#$2
2#
4&+$2Zb'
']4#2
+]
#$
b'$22&
(($
#
+\'
#:
$2!^/
XZ6=W
$
$\'
$Z+'
\
&(
+]'9(b$'+<$
#$#'+'+7
0 9(#9
(92$
++'&4
#2]'9('9
!
687
!"#$$%$&'
()
*
+,
'+-'+.((
/'0)
*1%
2#$
)(
+34
#$)
0$5!676
8+#
("#9:%#0
#$;$0
#<$/$(
#'+ %
6=6>
?@ABC
DE
FG
F
688
!"#$%&!%'!%("")!*#$+,
#"%-.
#*
/012
3%
"
45
*
6
*
7
)
"
!% 0802
9: ;<=>?@ABCD<EBF@F<GH>IF@JI@ABKIL@IGMN<GIGMH<DOMDIF=>@=DO>=LBP<DO;I>>IOQL<G
F@F<G@DOF@R
<QCOF@
.!S
,
,T
%
"#"%"%4,
,*%
!%!UV
WV.
%
.
#4X"YZ,%
%
U!.4X""5!Z%
[,
%*%
.$"%,\.,,7
!.
%,.
,\
!%"U"
,\
%*!"U!4,
,W
]]T#\08^Y_",!
.!S
,
,`!%
]
#V
WV.
%
.
YZ
%
%!
%]"
%
.
U#"%\%,%!
U!*4"
4"4,
W
]T#\08Y("" ,!%_
!%
,
,
4,
!U.7
"51!Z%
"%
!*4"
4
%! .
X"
!.
%1,.
4,
,
4%
!%
Z
"!"*!7
%
%
,a%
[%*
\
"%,
[
X,
!%
4"4,
%
.!
%
" $
7"4
("" ,!%_
!%
,
!%"5!%"%Z
%*4"
4"
,
7
,a
.!S
,
,%!
Z
%%*4"
4"
,
7
W)V])b#\08Y
U!
\
.!S
Z!4"
%!
!%U"
Z
[,
%*`!%%*U!*4"
4"4,
!("" ,!%_
!%
%%! .
Z!4"!4
F: ;<=>?@ABCD<EBF@F<GH>IF@JI@ABKIL@IGMN<GIGMH<DP<DFO=LBDBN<GIGM<HPH<DBL@>OG? cOL?BHIGB?IGd=9>IFeBL<=DFBL<?Bf
ggghcM::P@IQ9BD>OG?cOL?BHIGB?9id=9>IF
eBL<=DFBL<?BLf jgk:P<D@IQ9BD>OG?N<GB?IQ9BD>OG?dD<?=F@I<GcOL?BHIGB?9i l<mBDGQBG@<?Bfj
h cM::R
<QCOF@
.!S
,
,`!%
V.
%
.
Z
%
%!
%]"
%
.
U#"%W
]
#V
Y
,
,%!
`!%
U!U!
,
\
X
"%\!
X
"%.!4
!%4,
U!
\.!S
7 "!.
%
Z!4"%!
!%U"
Z
`!%%*U!U!
,
"%!
X
"%\%%! .
Z!4"
!4
?: ;<=>?@ABCD<EBF@DBL=>@IG@AB><LL<HH<DBL@>OG?<DF<GmBDLI<G<HH<DBL@>OG?@< G<GnH<DBL@=LBR
<QCOF@
.!S
,
%,4!4%%*,!%!
,4..!
%
%!
4"
7
U!U!
,
,!4
,
U!
\.!S
7 "!.
%
Z!4"%!
,4"
%
"!,,!UU!
,
"%!!%7
,!%!UU!
,
"%
!%!%1U!
,
4,
\%%! .
Z!4"!4
B: ;<=>?@ABCD<EBF@IGm<>mB<@ABDFAOGMBLIG@ABBKIL@IGMBGmID<GQBG@JAIFAP?=B@< @ABID><FO@I<G<DGO@=DBPF<=>?DBL=>@IGF<GmBDLI<G<HHODQ>OG?@<G<GnOMDIF=>@=DO> =LB<DF<GmBDLI<G<HH<DBL@>OG?@<G<GnH<DBL@=LBR
<QCOF@
.!S
,
,!.
%,.
%,,4!4%
X5
&
""]!""%
%]"
%
.7
*!"U"4X
!
%!
\
%V%!U
&
#$
!
,
\%7!4,!
"%%4,
"4,
,
!
,!4
%Z
,
6! .!
%
U "%,%
.!S
,
a
%
,
,4U "%,
-%o4
p "%..![
"52/ "
,
!
%!
,
6!U!
,
"%,.
,
%
!%!%
.!S
,
U!
\.!S
7 "!.
%
Z!4"%!
%
"54,
!%7
,!%!UU "%
!
%!%1*4"
4"4,
!!%7
,!%!UU!
,
"%
!%!%1U!
,
4,
\%%! .
,Z!4"!4
689
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."345
6)!& !7
8#!.!"
9".!:"-"&
!%) #
;<;4
=>?@A=BC
DE?AFBGHI>EJHKBL
MEBHNB=@AAC
=ON=P=K@NB
QI@KB
HRRBG@N
=ON=P=K@NB
QI@KBS=BG
T=B=O@B=EN
NKE>IE>@BHF
HRRBG@N
=ON=P=K@NB
QI@KB
E
QI@KB
UV%)W&!X!%
%Y0!
7!
$2&"$")!!%)%W!"22&Y&"
Z7&!82&)[
\
YU"07&!)7$7&!:"&8%)0
"
Y&"
)"!)
"0"%W)8
!"
2%&&7!)!
W%
X!"2
%]"!
".%)0
)%)!!)$")!7)
"
)22&Y&"
W"
"
&%
0!!"$Y")!
Z7&!8
0!)
[
\
U^_2%0"0")0!:"
""2!%
0!%
07Y0!)!&2%&&7!)!%)")!
!%)0[ \
U"07&!)%!"
"$00%)0`070
!%0"&"
).!%%
%
0U
:"
0"&8
WW"!).07Y0!)!&)7$Y"
%W
2"%2&"[
\
aMEAA?B@NBREPENKH>N
V
!"
2%&&7!)!0
"
2%&&7!)!0W%
X"2!Y&"&":"&0%W"_2%07
")Y"
"!"
$)"
)
)$Y")!
Z7&!80!)
0Y"")"0!Y&0"
Y8!"1 ^):
%)$")!&'
%!"!%)b.")8
`1 ^'bU)
%
!"V&W%
)b
"0%7
"0*%
`b*U
"
!"
2%&&7!)!0%W%)"
)
"
)!
%.")
%_
"`9c;Ud
Y%)$%)%_
"`VcUd2
!7&!"$!!"
`'#<)
'#;eUd07&W7
%_
"
` c;Ud&"
`'YUd)
%f%)"d)
!"
2 "7
0%
0d070
"!:"%
.).0"0`cgU`X
"
%f%)"2
"7
0%
0U )"!"2
%2%0"
!""
#"$%
&*
%)+%),&&
-%.'
(
'
%]"!`2
%2%0"
2 %]"!%
'
%]"!UX%7&
)%!.")"
!"22
"Y&" c;%
'Y"$00%)0d!0)%!
)""00
8W%
!")&800!%)&7
"!%0"!X%2%&&7!)!0'
"0")!"
Y"&%X0
"0
2!%)%W!"
"$)).
2%&&7!)!0%W%)"
))
!"
()%X)"&!"WW"!0
"2
%]"!0)!"c
)."V%7)!82%
!%)%W!" %7!V%0!b
*0)` Vb*UdW%
X%0"
2%&&7!%)%)!
%&!" %7!V%0!b
h7&!8#)."$")!-0!
!` Vbh#-U007Y0!)!&&8
"02%)0Y&"
@iAH
ja0%X0!"!!)$")!0!!70%W!" Vb*W%
"
!"
2%&&7!)!W%
Y%!!"9!%)&
b$Y")!b
h7&!8 !)
0`9bbh U)
V&W%
)b$Y")!b
h7&!8 !)
0`Vbbh U
7&W7
%_
""$00%)0X&&Y"Y"&%X<<k32%7)
2"
8
7 ).%)0!
7!%))
Y"&%X<<;lk2%7)
2"
8
7 ).%2"
!%)0
690
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."3456
7)!& !8
9#!.!"
:".!;"-"&
!%) #
6<64
=>?@
AB
CD
D
E
FG??HI=JIK C@L@M=??=KKNONP=INGJ I=I@?=KKNONP=INGJ
QR%)"SQ4T/5%8
0!)
:%U"
"
& !)
:%)!!)$")!
QR%)"SQ4T/V5%8
0!)
:%)!!)$")!
'
!8&!"#!!"
S'#<T W!!)$")! :%)!!)$")!
U)"'
!8&!"#!!"
S'#6XT :%)!!)$")! W!!)$")!
Y
Z%)#%)%[
"SYQT 1)&00\"
W!!)$")! W!!)$")!
:!
%.")-%[
"S:Q6T 1)&00\"
W!!)$")! W!!)$")!
8&\8
-%[
"S Q6T 1)&00\"
W!!)$")! W!!)$")!
8&\!"0 :%U"
"
& !)
0 W!!)$")!
]"
S'ZT 1)&00\"
W!!)$")! W!!)$")!
^9
%.") 8&\
"S^6 T
1)&00\"
+0Z&!9"
8).'
!&"0
GHMP@K_W*`6<6<
'
"0")!"
Z"&%a0
"0
2!%)%\!"
2%&&8!)!0%\%)"
)`)
!"()%a)"&!"\\"!0
bcdefghifjckhlS:QmT0"
;"0)!".
&2
!2)!0)!"2
%"00%\2%!%"$&0$%.
2 %
8!%))
"2
"8
0%
0\%
"
!)2
!8&!"%$2%8)
0!!
"\%
$"
)!"!$%02"
"
)
\%
%R%)"W2
"8
0%
0
"!&9"$!!"
%)!$))!!!`a")
"&"0"
)!%!"
!$%02"
"`\%
$0`80"0!%Z"\%
$"
`%
%)!
Z8!"0!%!"\%
$!%)%\0"%)
9
%)!$))!\%
a)$Z")!
n8&!90!)
SWWo T0Z"")
%2!"
`%
a%0"2
"0")"
)!"!$%02"
"a&&%)!
Z8!"!%!";%&!%)%\%)"%
$%
"WWo 0,"):Qm)
Qp
"
"&"0"
)!"!$%02"
"`!"9)"$&&9
"!a!%)")%!"
)!"2
"0")"%\08)&.!!%
\%
$%R%)"
"!a%$q%
\%
$0%\:Qm
")!
%[
"S:QT)
:Q6:Q0%&%
&"00`%
%
&"00.0
\%
$"
\
%$!$%02"
)!
%."))
%[9.")a")%$Z80!%)!("02&"8)
"
.
!"$2"
!8
")
%
.2
"008
":Q60
"
05Z
%a)28).")!.0\%
$"
Z9!"%$Z)!%)
%\:Q)
%[9."):Q6!00)8!"
"02
!%
9
!)!)
"9"
!)!)
)
"0"0
080"2!Z&!9!%
"02
!%
92!%.")0S1 r'W`6<T
steufivfifjckhSYQT0%&%
&"00`%
%
&"00)%)5
"!;"2%&&8!)!2
%
8"
Z9)%$2&"!"
%$Z80!%)%\\%00&\8"&0YQ0"$!!"
&$%0!"[&80;"&9\
%$$%!%
;"&"0`2%a"
2&)!0`
"\)"
"0`)
80!
&Z%&"
0`020`
\!)
!
)07)8
Z)
"0`080!"2
%q"!&%!%)`
8!%$%Z&""[80!%8)!0\%
$%0!YQ"$00%)0YQ0)%)5
"!;"
2%&&8!)!!!
002!"0
"&!;"&9n8(&9w!"
"\%
"`$Z")!YQ%)")!
!%)0.")"
&&9\%&&%a!"02!&)
!"$2%
&
0!
Z8!%)0%\;"8&
!
\\YQ%)")!
!%)0
")\&8")"
Z9&%&$"!"%
%&%.&
%)
!%)0`2
$
&9a)
02""
`!%2%.
29`)
!$%02"
0!Z&!9YQ\
%$$%!%
;"&"
"[80!)Z"%$"&%&&9%)")!
!"
a")08
\"5Z0"
!"$2"
!8
");"
0%)0
"%$Z)"
a!&$!$%02"
%)
!%)0`!92&0!8!%)!
80()8
Z)
"0Z"!a""):%;"$Z"
)
691
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."3454
6)!& !7
8#!.!"
9".!:"-"&
!%) #
;<;4
=">
7
8 "."0!&":"&0%?@A!82&&8%7
7 ).!"%&
"
$%)!0%?!"8"
B")
):"
0%)%)
!%)0
"$%
"?
"C7")!6)!"
$0%?"&!D@A%$2"!"0B!%E8.")D%?!")
"2&).
FGFHGIJKLMMNOGIPQRJNPSFHTGIJKLMMNUQVKFLFGWGMGRVHQXMRGMYWTJHGMZFGVLMRTVHQ[\IJRJQPLGQM] "E"00@A"E2%07
")>"
^^)"00D?!.7"D)
$2
$")!%?")!
&)"
:%70080!"$?7)!%)0
_.%)")!
!%)0
"&"!&`1 a'bD;<<c
defghijkeglmegglf`'#c%)00!0%??)"&8
:
"
0%&
0%
&C7
0D0700%%!D
70!D"
%0%&0D
?7$"0)
$0!0'
$
8'#0"$!!"
"!&8)!%!"!$%02"
"?
%$!:!"0070
.
7&!7
&%2"
!%)0D)
70!
&2
%"00"0D%)0!
7!%))
"$%&!%)!:!"0D)
")!
)$")!%?
%
70!)!%!"
"%)
8'#0?%
$"
)!"!$%02"
"?
%$2
"
%$))!&8
.0"%70%$>70!%)>852
%
7!2
"7
0%
0D07007&?7
%E
"0D9AnD)
Ao0
'
!&"0^"0
!&
!"
0!%?'#!!2
$
&8
"!"
$)"0!"&%!%)%?'#
"2%0!%)
&%).!"
"02
!%
8080!"$`)
00%!"
"&!"??"!0c0B"&&0!"
".
!%)%?:0>&!8
!
%7.&.!0!!"
).6)!"1)!"
!!"0D?"
"
&)
0!!".")"0:"?%70"
%)!B%!82"0%?
'#'#<%
"02%)
0!%!"?
!%)%?'#)%.
"!"
!)<$
%$"!"
0)"
%
8)$
$"!"
)
0%$$%)&8&&"
"02
>&"2
!7&!"$!!"
DB&"'#;p
"?"
0!%!"07>0"!%?'#<%?
"
%
8)$
$"!"
0$&&"
!);p$
%$"!"
0DB0%$$%)&8&&"
?)"2
!7&!"
$!!"
'#<)
'#;p
"2%0!%))!"&7).0
"07&!0)
!!%)!!!
.."
0
)."%?)?&$$!%)
"02%)0"0D070$7700"
"!%))
>
%)%%)0!
!%)D)
"E"
>!"027&$%)
8 80?7)!%)0D0700!$D"$280"$D)
%)>
%)!0 7??")!&80$&&2
!&"0$8
2")"!
!"!">&%%
0!
"$)
$2!?7)!%)0070>&%%
%.7&!%)D
7!%)%$
%)!
%&D)
$%>&^!%)%?)?&$$!%
8"&&0?
%$!">%)"$
%B6)
:
7&0070"2!>&"!%
."
"&!
0(0?
%$"E2%07
"!%'#<
>%
)"2%&&7!%))&7
"&
")D!""&
"
&8D0$%("
0D
)
2"%2&"%?&&."0B!&%B27&$%)
8
%:07&
?7)!%)=%
!"0")
:
7&0D
:"
0"
"&!"??"!0%?'#<2%&&7!%))&7
"%7.).DB""^).D0%
!)"00%?>
"!D2&".$D>
%)!0D
)
..
:!%)%?&7).%
"
!
0"0"D&"
).D?%
"E$2&"D!%)
"0"
0(0%?%02!&^!%)
)
$%
!&!8?
%$0!$!!(0)
"
!!!(0`1 a'bD;<;;c
qleighrlsfteuhitevlv`Aoc
"
"?)"
0)8%$2%7)
%?
>%)D"E&7
).@AD
>%)
%E
"D
>%)
D$"!&&
>
"0%
>%)!"0D)
$$%)7$
>%)!"DB2
!2!"0)
!$%02"
2%!%"$&
"!%)06!0%7&
>")%!"
!!!"
"
")%0!!"%
)!%)&$>")!
C7&!80!)
0?%
Ao>"70"Ao0
")%!&00?"
0
!"
2%&&7!)!0
"8
"
".7&!"
D%B":"
D>"70"
"
7!%))Ao"$00%)0
"
7"0"
!)"$&
"!%)0!!
%)!
>7!"!%!"?%
$!%)%?%^%)"Ao0
"&0%!
)0?%
$"
)!%%
.)"
%0%&0)!"
!$%02"
"DB%)!
>7!"!%."
'#<VHNLMwJRZFQFKFLFGW[\IJGJRxyz{|}FQPQJNKWGIJ~z
]MRGIFQVFRPVLFGWVHVLWQFQVHNFQNJ]FHJNGIJQVxJVQGIJ]JNJRVLGJRxyZMLVGFLJMRTVHFSSMxXMPHN} `+A@c
sul00"%)
82%&&7!)!2
%
7"
!
%7.0"
"0%?2%!%"$&
"!%)0):%&:).Ao
)
9AnA^%)"
"!%)
"C7
"0Ao)
9An!%>":&>&"?%
22
%E$!"&8!
""%7
0)
0!>&"!$%02"
"B!0!
%).07)&.!*"70"%?!"&%).
"!%)!$"D2"(%^%)"%)")!
!%)0
?
"C7")!&8%7
%B)B)
%?!"0!"0B"
"!"2
"7
0%
2%&&7!)!0
""$!!"
70D%^%)"0
%)0
"
"
".%)&D
!"
!)&%&D2%&&7!)!
""&!"??"!0%?%^%)")&7
""8")
"02
!%
8
!!%)D
"
7!%)%?
"00!)"!%&7).)?"!%))
2%00>&"..
:!%)%?
27&$%)
8%)
!%)0)2"
0%)0B!&7).
0"0"A^%)"0&0%
$.).!%:"."!!%))
7)!
"!"
7>>"
`1 a'bD;<;;>c
692
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."3453
6)!& !7
8#!.!"
9".!:"-"&
!%) #
;<;4
=>?@ABCDECBCFGF>FHI
J
K7&!80LL"!"
M8M%!!"
!")
&%!%)%L2%&&7!)!"$00%)0N)
M8$"!"%
%&%.&
%)
!%)0!!)L&7")"$%:"$")!)
02"
0&%L2%&&7!)!0J!$%02"
%)
!%)0070
O)
02""
NO)
"!%)N)
!"$2"
!7
".
")!0N&%).O!&%&!%2%.
28N2
%:
"!"
&)(M"!O"")
2%&&7!)!"$00%)0)
K7&!8
"2
%P"!0!"0&%!"
O%&&8O!)!" QJ*NO)&7
"0&&%LR
)."Q%7)!8N0O"&&0!"
)%)5
"0"
!2%
!%)0%LS%0J)."&"0N:"
0
"N)
)*"
)
)%Q%7)!"0
"
0!)!:"&$!"
%L!" QJ*0
"!"
$)"
M8!0!"
))
."%.
2&&%!%)
" QJ*0)%0!&2&)O!
%))"!).M
%
:&&"80)
&%O&&0NM%7)
"
M8!"'LR"))!"0%7!O"0!K7
)!O!
.$%7)!)0L%
$).!"
"$)
"
%L!"2"
$"!"
".")"
&
".%)&"0)!"0"$5
2"
$)")!.52
"007
"T%)"%L!""0!"
)'L
70N!"&$!"0$&
N!"$2"
"
M8%%&0"
M
""T"0
0707&&8$&
&$!%&%.&2!!"
)0)!"
72!"
)L
"K7")!&8M82"
%
0%L"U!
"$"&8
%!O"!"
NO)!"
0!%
$0N%
)!J)O)
0V QJW#-N4X
":"
.".)
&%O!"$2"
!7
"00
"%
"
!!"S.7)*"$"!"%
%&%.&0!!%)
VY<33Z3[&!!7
"44\3;]N&%).!7
"^5_<]XV,QQN;<;;XNO022
%U$!"&84;$&"0
O"0!%L!"2
%P"!0!"N
";
".
""0`
")"!V]`X)
\]`N
"02"!:"&8J:"
."O)!"
V-""$M"
Na)7
8N)
`"M
7
8X.)
&%O!"$2"
!7
"0
"22
%U$!"&8Z\_]`)
34\]`N
"02"!:"&8N)
:"
."07$$"
Va7)"Na7&8N)
J7.70!X.)
&%O!"$2"
!7
"0
"
22
%U$!"&8\]`)
\_4]`N
"02"!:"&8
"))7&:"
."%L!%!&2
"2!!%)0
22
%U$!"&8;\;)"0NO%7
0$%0!&8
7 ).!"O)!"
)
"&!:"&8)L
"K7")!&8
7 ).!"07$$"
#%)!&82
"2!!%):"
."022
%U$!"&8;3)"0
7 ).!"O)!"
V-""$M"
Na)7
8N)
`"M
7
8XN22
%U$!"&8)"0
7 ).!"02
).V#
NJ2
&N)
#8XN22
%U$!"&8<)
7 ).!"L&&V "2!"$M"
NR!%M"
N)
9%:"$M"
XN)
22
%U$!"&8<)
7 ).!"07$$"
Va7)"Na7&8N)
J7.70!X
FbA>
?GcA>?BI
" QJW#-0
:
"
!" QJ*)!%0%7
"
""2!%
"0V J0XNM0"
%)0$&
$"!"%
%&%.&)
!%2%.
2&L"!7
"0
"2
%P"!0!"0)defghijkQ20!
)%+&&"8
$%)!%
).lmnodpfqrstnuvwkkmlxmvyz{|mdefghijkhwk0%)+"P%5;Z<_+'" $%)!%
).
0!!%)NM%7!3$&"0)%
!5)%
!O"0!!;Z<_+'"
N#00%)+"P%NQ&L%
)
00!!%)
$%)!%
0%T%)"N'#<)
'#;\
")"
"0!0!!%)!!$%)!%
09R;0J)"$5_;,+"
$%)!
!
""!$%)!%
).0!!%)%)_;,"0!+"
$%)! !
""!NJ)"$NQ&L%
)NM%7!4;$&"0
)%
!O"0!%L!"2
%P"!
"$M")!
K7&!8
!)!"2
%P"!:)!80
"%
"
L
%$;<
!
%7.;<;;N&%).O!22&M&"0!)
0N
"0%O))A}>C
~=
693
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."3456
7)!& !8
9#!.!"
:".!;"-"&
!%) #
<=<4
>?@A
BC
DE
DFG
HIJK@@LM>NM M>NO>IOPQRAAO>NRA CSTU CSCS CSCT
VW%)"XV4Y
#Z5%8
[%)")!
!%)X22$Y
#Z\5%8
[%)")!
!%)X22$Y
]-90^_"
"
&\5%8
!
%`===22$
]-90^[&`%
)5%8
!
%`==22$
]-90^[&`%
)\5%8
!
%`===22$
==a
==\\
4
=
=<4
4<
<=
43 ==6
==\<
\
<
\
'
!8&!"#!!"
X'#=Y
#Z<35%8
[%)")!
!%)Xb.$4Y
c0!]-90^_"
<35%8
!
%`6=b.$4
_"
"
&d))8&d;"
."X6b.$4Y
36
=
6a<
:-
\4
46<
=
a<
'
!8&!"#!!"
X'#<6Y
#Z<35%8
[%)")!
!%)Xb.$4Y
]-90^_"
<35%8
!
%`46b.$4
_"
"
&d))8&d;"
."X6b.$4Y
<=\
=
3aa
a
=4
4<a
=
4
:!
%.")-%Z
"
X:V<Y
#Z5%8
[%)")!
!%)X22$Y
!!"d))8&d;"
."X==4=22$Y
]-90^[&`%
)5%8
!
%`=\22$
===
==
=
==a=
==\
=
==a=
==
=
KLIRAed*f<=<<
:-5
"
"g"
")08``")!X%
)%Y
!;&h&"!%
"!"
$)"!";&8"
HIL>@HMiD>N>jAkANMJ@>Nl
DJm
" [dn#-0
"o8
"
!%2
%
8"2&)0!%0%g%g
o8&!9g%8&
h"$2
%;"
)!"
".%)
"[&`%
)[&")d
d!X[[ddY
"o8
"0!!!"0"2&)0h"82
!"
!
"))&&9!%)%
2%
!"
!"$%0!
"")!;&h&"!")&)`%
$!%)\d$8&!5&";"&2
!)"
02%`.%;"
)$")!&.")"0
!!"`"
"
&f0!!"f
".%)&f)
&%&&";"&0$2&"$")!!"2
%.
$0%)!)"
)!"0"2&)0
d.")"0);%&;"
)&8
"!"1 c'dfd*f&%&.%;"
)$")!0f %8!"
)[&`%
)d00%!%)%`
p%;"
)$")!0X [dpYf)
[dn#-
" [dn#-)
!" [dp
"
"02%)0h&"`%
`%
$8&!).)
$2&"$")!).!"d
n8&!9#)."$")!'&)Xdn#'Y`%
!" [d*
" [dn#-82
!"0!0
dn#'";"
9!
""9"
0
"<=adn#'X [dn#-f<=Yg0
%2!"
h9!" [dn#-*%
%)#
4f<=f)
%)
#
=f<=g008h$!!"
!%!"d*!%h"%$"2
!%`!" !!"7$2&"$")!!%)'&)X 7'Y=
"dn#'g0!")08h$!!"
!%!"1 c'dXd*f<=Y7!`%80"0&
."&9%)
"
8).:Vq
"$00%)00$")0%`!!)).!"5%8
%W%)"0!)
h9<=<<f!"\5%8
%W%)"
0!)
h9<=<4f)
!"<==\\5%8
0!)
h9<=4
"dn#'2
"0
h"0;
"!9%`8
")!
)
2 %2%0"
)"g%)!
%&$"08
"0f)&8
).
"o8"0!!%!"1 c'd`%
)
"0"
".8&!%)%`
$%h&"0%8
""$00%)0
":Vq%)!
%&$"08
"0g%8&
&0%"&2!" [d*!!)!"<35%8
0!)
`%
'#<6
\[[dd%`\\ d
%2!%)%`!"&!"0!08"00%
dn#'0h"")
"&9"
"28h&
";"g2"
%
`%
!0
%8$")!frstuvtwxytz
{|}~r
tztzrt|
rt|tr!!2egggo$
.%;%$"
5o8&!9&")5
52&)0
5 o8&!95$.!52&)d"00"
V!%h"
<=f<=<< =
" !!"7$2&"$")!!%)'&)X 7'Y0%&&"!%)%`&%&)
".%)&2&)0f
".8&!%)0f)
8&"0`%
!!)).
$h")!
o8&!90!)
07!02"
%
&&908h$!!"
!%!"1 c'd`%
22
%;&
694
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."3456
7)!& !8
9#!.!"
:".!;"-"&
!%) #
<=<4
>?@ABCBD??E?FCGHA
%$"2"%2&"I080)
;
8&0J!
"02
!%
9&&)"00"0%
$2
"
&8).K8)!%)L"80"%K
%!"
&&)"00"0I2"
0%)0%;"
6M9"
0%K."I)
&
")8)
"
3I
"2
!8&
&90")0!;"!%
"
!)2%&&8!)!0N&!"0)
0!
8!8
"0J"
"!"0"0")0!;"2"%2&"&;"%
02")
%)0
"
L&"
$%8)!0%K!$"
"()%J)00")0!;"
""2!%
0N%
!"28
2%0"0%KOPQR)&900I!" ORQ#-
%)0
"
00")0!;"
""2!%
!%L"
""2!%
080
"0
")"I%02!&I%
%);&"0")!K&!9
J"
"!02%00L&"!!))
;
8&%8&
"$)K%
<3%8
0SO%)
T%U8$I<==VI245<W
O%$$"
&)
)
80!
&K&!"0
")%!)&8
"
)!"
"K)!%)%K0")0!;"
""2!%
IL"80"
"$2&%9""0!92&&9
"2
"0")!K%
0%
!"
2"
%
0%K!$"I080".!%8
0 "
"K%
"I22&9).
<35%8
0!)
K%
'#=022
%2
!")%!%)&9L"80"!";"
.).2"
%
K%
!"0!!"
0!)
0<3%8
0IL8!L"80"!"0")0!;"
""2!%
J%8&
L"2
"0")!!!"&%!%)K%
!"K8&&
<3%8
0 ")"
"0!0")0!;"
""2!%
0!%!"2
%X"!0!"
"0).&"5K$&9
"0
")"0IL%8!I===K""!
0%8!J"0!%K!"2
%X"!0!"
Y
FFZBE[\Z?G]C^G[AC
BH][ZBC_`[@[a?b?@CcBACHBEC]Z?A
]Z? d
ef]aBCBD?c]AC]Z?g
-8
).%)0!
8!%)I!"2
%X"!J%8&
L"08LX"!!% ORQ#-8&"3=4SK8.!;"
80!W ORQ#-
8&"3=4
%"0)%!
"h8
"2"
$!K%
%)0!
8!%)!;!"0I2"
0"i
!"
I!0"!0K%
!.")"
&)
02"K
"h8
"$")!0K%
&&%)0!
8!%)0!"0S0J"&&0%!"
K8.!;"
80!0%8
"0W)!" OR*
".")"
&
"h8
"$")!2
%L!02"
0%)K
%$80).%
&&%J)."$00%)0%KK8.!;"
80!K
%$
%)0!
8!%)S%
%!"
K8.!;"
80!0%8
"W08!!!"2
"0")"%K08
80!
"$)0;0L&")!"
!$%02"
"L"9%)
!"2
%2"
!9&)"%K!""$00%)00%8
" ORQ#-8&"3=4&0%2
%L!0
%)0!
8!%)!;!9K
%$80).))
"$")!&'#=%)")!
!%)$2!I0!"
KK"
")"
L"!J"")82J)
)
%J)J)
0$2&"0I!!"2
%2"
!9&)"%K$%
"!)M=$
%.
$02"
8L
$"!"
0
"!"
$)"
!
%8.'#=.5;%&8$"0$2&).
"%)")!
!%)0!)
)
00%!"
'#=0$2&).
%)%!22&9K02"K$"08
"0
")!K"
)!"
8&"0
"$2&"$")!"
)
22
%2
!"&9
%8$")!"
j!"
"h8
"$")!0%K8&"3=4)&8
")%!80).%
&&%J)."$00%)0%KK8.!;"
80!!!J%8&
"$);0L&"L"9%)
!"2
%2"
!9&)"i)%!
(5%8!"k!")
).<MK""!%
$%
")8$8&!;"&").!
)
&&!
(5%8!!%L"
"$%;"
!%)&80%)%K"J%
(
9i)
80).!"22&L&"L"0!;&L&"
%)!
%&$"08
"0)&8
"
)
L&"%K8&"3=4
]Z?lll
e
HE^BC?EC]H[ZG[CB@aAg
O%)0!
8!%)%K!02
%X"!J&&)&8
"!"22&!%)%K
!"!8
&%!).0)
L"08LX"!!%
ORQ#-8&"4SR
!"!8
&O%!).0W
0
8&"022&L&"!%)92"
0%)J%0822&"0I0"&&0I
$
("!0I%KK"
0K%
0&"I%
$)8K!8
"0)9
!"!8
&%!).!!0)!")
"
!%L"K"&
22&"
J!)!"-0!
!!%0!!%)
90!
8!8
"0%
!"
228
!"))"0I)
!%K"&
0)
&J)0i0J"&&0
)92"
0%)J%22&"0I0!%
"0!J%
(0!"I%
0%&!0!"22&!%)%K)9
!"!8
&%!).
J!)!"-0!
!
"28
2%0"%K!0
8&"0!%&$!!"+jO%)!")!%K
!"!8
&%!).080"
)!"-0!
!
695
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."345
6)!& !7
8#!.!"
9".!:"-"&
!%) #
;<;4
=>?@AB
C@DEFGF
@H IJKDLBMN?OJPNABAJCQDGABRGBMJOJSFBOKABG>?DN>NCB@BGJCJQBMN@??DGA@SDN@GO TK@DGBE?D@CU
NFFBM@CGVCGQGA@CB>?@AB
" %7!W%0!;<XYZ#'[
0700"
\%:"[)%
2%
!"0&)
70"007$2!%)0]
%$&%&.")"
&
2&)0)
".%)&.
%^!2
%_"!%)0
":"&%2"
\8!" WY`!%"0!$!"0!!%)
8)
$%\&"
"$00%)000%!"
^!2
%_"!"
2%27&!%))
2&))"
&)
70"06]!"2
%2%0"
&)
70"0
%)00!")!^!!"&%&.")"
&2&)[!")!"$2!%]!"2
%_"!02
"07$"
!%:"\"")
%7)!"
]%
)!"YZ#'
00\"70"!"&)
70")
!
)02%
!!%)%)!
%&0"!%)0%]!"
YZ#'
"\0"
%)!" WY`
".%)&.
%^!]%
"0!0[^)%
2%
!"2
%_"!%)0]
%$&%&
.")"
&2&)0abcdefghijckclmnonmkpmkqricqcieskmfetkutlfbciefceivwx5y2") 2"['7\&&8 y^)"
"2
(07
")!&8z%)"
)% )W&"$")!" 2"]'&)/y {y2") 2"|
"
}lt}ticq}lt~cfeiekt}nemkcefbfbcdefghijckclmnonmkmkqtkeksqcieskmfetkiabclcutlc )%`")"
&'&)$")
$")!%
%)"W)."0
"
7
"
"&)
70"^%7&
%)!)7"!%\"
%)00!")!^!!"&%&2&)0)
!"$2!0%]!"2
%_"!
"0!&&%7)!"
]%
)!"YZ#'
Y)%!"
$"07
"$")!!%%&)":&7!).%)00!")8^!!"YZ#'0!%
"!"
$)"^"!"
2 %_"!^%7&
.")"
!"2%27&!%))
"$2&%8$")!.
%^!)
[]0%[^"!"
!!.
%^!^%7&
"""
!".
%^!
!"0]%
"0!"
)!"YZ#')
%^!"2
%_"!^%7&
%$$%
!"!"
"2"!"
)
"0")2%27&!%)%
"$2&%8$")!
"2
%_"!^%7&
"!"$)$&)
"0")
2%27&!%))
%:"
&&:"&"$&"0!
:"&"
{+#
|^^%7&
\")&7
"
)!".
%^!
!"0
]%
"0!"
)!"YZ#'
Y
!%)&&8[!%000!!"$2&"$")!!%)%]!"YZ#'[2
%_"!0$70!)%!
"!"
".%)&&8
0.)])!"$00%)0%]
".7&!"
2%&&7!)!0]
%$"!"
0%
!5!"
$%)0!
7!%)%
&%).5!"
$
%2"
!%)0
" WYZ#-{ WYZ#-[;<|0
":"&%2"
!"
)!"]%
$%]"$00%)0!
"0%&
0 ]%
"!"
$)).^"!"
"$00%)0]
%$2
%_"!
"
".%)&&80.)])!
"8
"70"]7&]%
"0!$!).^"!"
2
%_"!0&("&8!%
"07&!):%&!%)%]!"9YYZ )
%
^"!"
!"2
%_"!
eiektkutlefgefb}nmkiftmbeccmffmekckfwdhiieskeuemkcfblcibtnqiutllefclem 2%&&7!)!"$00%)0
7 ).%)0!
7!%)!:!"0)
2 %_"!%2"
!%)
"07$$
z"
)
@SDN
Y2
%_"!0%)0
"
"
!%:"
".%)&
7&!8$2!]"$00%)0]
%$!0
%)0!
7!%))
%
%2"
!%)&!:!"0"""
!"%
"02%)
). WYZ#-0.)])"
!
"0%&
0 696
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."3456
7)!& !8
9#!.!"
:".!;"-"&
!%) #
<=<4
>?@A
B
CDEEDFGF
HI@@JK>LK ILMKNJOKPIL
QNAMQI@RMS@?MTR>UV
WAN>KPIL>@
QNAMQI@RMS@?MTR>UV
+%&!&"X
.)Y%$2%8)
0Z+XY[\\\
:!
%.")X]
"0Z:X][==\\
Y
^%)#%)%]
"ZYX[\\=\\=
8&_8
X]
"0Z X][\=\=
'
!8&!"#!!"
Z'#=[\=\=
`)"'
!8&!"#!!"
Z'#<\[\\\\
IKAa&^0b2%8)
0 IJNOAa Ycd#-e<=
AfPIL>@ILMKNJOKPILgPMMPILM
Y%)0!
8!%)!;!"0_%
!"2
%h"!0)!2!"
!%^".))i8&9<=<4)
")
)-""$^"
<=<3
)
j%8&
;"_;"%)0!
8!%)20"0a
k !"'
"2
!%)
kl
).
k*8&
).Y%)0!
8!%)
k';).
kc
!"!8
&Y%!).
>?@A
B 0%j0!"2
%h"!0"
8&"80"
_%
!"
m8&!9elnl"$00%)0e)
)%0")&90"0
>?@A
B
ED
ILMKNJOKPILHQ>MA K>NK LR
!"'
"2
!%)i8&9e<=<4i8&93e<=<4
l
).i8&9\e<=<4c8.80!<\e<=<4
*8&
).Y%)0!
8!%)c8.80!<oe<=<4X!%^"
6e<=<3
';).X!%^"
e<=<3:%;"$^"
\e<=<3
c
!"!8
&Y%!).:%;"$^"
oe<=<3-""$^"
4e<=<3
IJNOApY&8&!"
^91&!
90!"$0j!Y&qq#%
Z+"
0%)<=<=3=[ZYc'YXce<=<[
"0"%)0!
8!%)!;!"0j%8&
!"$2%
&9
"!""$00%)0%_
80!0e_8$"0e"m82$")!
"]80!e)
%!"
%)!$))!0#%^&"0%8
"0Z080
"0"&5_8"&"
"m82$")!%)0!")
!
;"&).!%)
_
%$!"2
%h"!0!"[j%8&
2 $
&9.")"
!":Xr"$00%)0
"m8)!!9%_
"$00%)0.")"
!"
&9j%8&
;
9e
"2")
).%)!"$%8)!)
!92"0%_%)0!
8!%)!;!"0
%8
).!!"0$"!$"
697
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."345
6)!& !7
8#!.!"
9".!:"-"&
!%) #
;<;4
=>?@AB?CDEF@?CF@BGHIIJ?BK?CA@>>@HK>LFHA?MCGFHNCE?O>HK>@?CBKDHLL>@?CGFHNCE?EHK>?FJE?@HK !:!"0P"
"&7&!"
70).!"Q&R%
)S$00%)0S0!$!%
#%
"&TQ&SS#%
UV+"
0%)
;<;<3<TQW'QXWV;<;UQ&SS#%
02&))).!%%&R%
"0!$!)."$00%)0
"&!"
!%&)
70"
2 %Y"!0#%
"&52
"
!"
2 %Y"!"$00%)0
"%$2
"
P!22&Z&"!
"0%&
0!%00"00
".%)&
[7&!8$2!0Q&SS#%
"R7&!0P"
"70"
R%
%RR5
%
)
%)
%
%)0!
7!%)
!
RR)27!0
W00%P))\]^_
`aV%)0!
7!%)"$00%)0P%7&
)%!"b""
QWc#-
".%)&!
"0%&
0 dMCFCLHFCe?MCGFHNCE?O>>MHF?5!"
$
".%)&
[7&!8$2!0P%7&
Z"&"00!)0.)R)!"R"
!%
ff_ghij
%R!0
%7$")!R%
[7&!8&7&!%)0
\]^_
`a
k
lkkm
n
k
ogpqrstqiog
tqiuiqv
k\jiwswwippiogpx^]pyh\vz
n j {k|} {k~
a
#b$7$S$00%)0V;<;4 44 43 ; <4
#b$7$S$00%)0V;<;3 3; 3 ;;< 443 44
igiit\gqx_porozooooo
osrt_Q&7&!"
Z81&!
80!"$0P!Q&SS#%
T+"
0%);<;<3<UTQW'QXWV;<;U
_iog\^f_r\qiog\^wippiogp
"2
%Y"!2
%2%0"0TU$2
%:"$")!0!%"b0!).2
(R"!7
"$2
%:"$")!0T;U%)0!
7!%)%R
:
%70)"P2
(0!
7!7
"0)
R"!7
"0V)&7
).!"
"&%!%)%)0!"%R:
%702
(R"!7
"0
T"V
%.2
(UT4U7!&!"0$2
%:"$")!0)
T3U2
%Y"!0!"$")!"0T)&7
).0!
7!7
"0V!
"&&0V
0!
0U)
%)0!"&)
02).X2"
!%)&"$00%)0.")"
!"
Z8
"0%7
"0V$%!%
:"&"0)
")"
.8
"$)
P%7&
"07&!R
%$)%
$&
85!%5
8!:!"0%R!"2
%Y"!
2
!"0P"
"
Y70!"
!%$!
!0722&"
Z8!"
2")"
!%)W00"00$")!#"$%
)
7$TQ,SV;<;;U
"
"07&!0%R!"0"&7&!%)0
"2
"0")!"
)\]^_
` W00""))!"!Z&"VR%
"
!"
GHIIJ?BK?eHGCFB?@HKBICA@>>@HK>¡HJID¢C¢CIH¡?MCGHIIJ?BK?O>£¤¥¦§¨>@©K@L@EBKEC?MFC>MHIDª
"
"R%
"V
".%)&%2"
!%)&"$00%)0P%7&
Z"&"00!)0.)R)!
698
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."3456
7)!& !8
9#!.!"
:".!;"-"&
!%) #
<6<4
=>?@
AB
C
DCCE
FGF
C
HIJJIKLKMNO@
FK??MP=LPQ?>JRS=TU
V D FCWX FCY
Z
[
" %8
"\$00%)0 64 666 66< 666 666
\)"
.9 %8
"\$00%)0 666 666 666 666 666
#%]&" %8
"\$00%)0 64 63 ^ 4^6 6<
%!&_2"
!%)&\$00%)0 6`6 63 ^4 4^6 6<
abcdefaghigjgklikmnopmqorstquuuuuuvwuvuu
IxLIyIO=LPzQ@JKNKUKKKKK
KMNO@{|&8&!"
]91&!
90!"$0}!|&\\#%
~+"
0%)<6<636~|['|_[<6<
>U KM?SP@NK@OPN@JM?PIL=OMHM?=PI
@?TOKLJIS@N=>?@L@PILON@=J@Ky=LTONIP@NI=
K??MP=LPyKNIOP@NK@OPN@xIKLIJLKLA=PP=ILH@LPMLS@N=L=?IO=>?@y@S@N=? KNJP=P@=H>I@LP=INM=?IPTJP=LS=NSz
@JJ=LIxLIyIO=LPH=OP
)"!" |[*08
")!&9))%)!!)$")!%
%%)"
"&!"
2 %"!0$9"""
)
8&!9
0!)
%
%)!
]8!"!%)"0!).%
2 %"!"
8&!9"""
)"
" |[#-)"!"
"%$$")
08)!"
)&90"0%%)0!
8!%))
%
%2"
!%)&"$00%)0
%$$8&!2&"
";"&%2$")!2
%"!0)%
2 %;
"0$"!%
%&%."0%
!
"0%&
0%0.))"!%]"80"
!%00"00
!"8$8&!;""$00%)0.")"
!"
]9$8&!2&"8$8&!;"2
%"!07)0!"
!"-0!
!
"%$$")
0!!2%!")!&%)!
]8!%)!%8$8&!;"$2!0]"00"00"
]98!&).
!"0$"0.))"
!"
0!%0"%
2 %"!502"$2!08
!"
$%
"!" |[#-0!!"0
!!))
;
8&
";"&%2$")!2
%"!.")"
!"0&"005!)50.))!%)0!
8!%)%
%2"
!%)&
"$00%)0$2!0!")!"
";"&%2$")!2
%"!}%8&
)%!%)!
]8!"!%8$8&!;"&9
%)0
"
]&")
"0")"$00%)0%
!%0"2%&&8!)!0%
}!"*0)0))%)!!)$")!
[0
0800"
]%;"!"$00
&9%)0!
8!%))
%2"
!%)&"$00%)0.")"
!"
]9!"2
%"!
¡¢£¤¥¦§¨©¨ ¨¡¡ª[&0%0 0800"
]"&%}&%&"
«¨¨©¬¡¡¢£¤¥¦§®¨¯¢¨©¨ ¨
"0%&
0~°
0
"
"%
"!"2
%"!}%8&
)%!%)!
]8!"8$8&!;"&9%)0
"
]&")
"0"
)"$00%)0%
!"2%&&8!)!0}!" |[*0))%)!!)$")!)
!808$8&!;"
8&!9
$2!000%!"
}!!"2
%"!}%8&
]"&"00!)0.))!
OU KM?SP@NK@OP@±KJ@J@LJIPI
@N@O@PKNJPKJM>JP=LPI=?K??MP=LP
OKLO@LPN=PIKLJz
@JJP=LIxLIyIO=LPH=OP
|%)0!
8!%)%!"2
%"!}%8&
.")"
!"0%
!5!"
$)
)!"
$!!")!"$00%)0%&&%}).!"
¢£¤¥¦§²gils³rklsg´mtaghigjgklikmnopmqorstemµortrsrh¶~|%) ·%8$<66^%)&9%)0!"
%)0!
8!%)"$00%)0}"
"%)0
"
"
)!"&%&"
0.))")&900
"
"0
")"&%!"
699
!""
#"$%
&'
()
*
%)+%),&&
-%.'
(/#0!"
'&)12
!"'."345
6)!& !7
8#!.!"
9".!:"-"&
!%) #
;<;4
=<<<>""!0%7!?"0!%>!"2
%@"!0!"0!")"
"0!0")0!:"
""2!%
A
0>%
2 %@"!0) %7
"
""2!%
B
";C )D&"$")!"E?"
"%F!)"
>
%$!F&"0)B22")
GD%>!">%
"$")!%)"
$"!%
%&%.8HIJK
LM0%?0!"
"07&!0%>!"&%&N"
0.)>)")&800>%
!"2
%@"!
A%&N"
0%
!5!"
$
O7&!8$2!0>
%$%)0!
7!%)%>!"2
%@"!?%7&
F"&"00!)
0.)>)!
HIJK
LM
PQR
S
TSRP
KHUKVWKXVYWYZKK[K\W]U
QH^Y_`_XVYWK]XVWU`[WY]X
_YVVY]XVa\]`XbVcbHde
f gQhi gQj
k
#G$7$
&87)$!.!"
"$00%)0 43l ;m < l
nopqrstnuvwxyz{x|}~|
|x}yyy
YXYY[HXWaKV]U]e]]]]
be ]`JbWK\U]K[WUKV`JWYX]WKUK_YVVY]XVaV`[HVW]VKJKHbYXW]]b]UVe HbZKUVKJdHK[WYXHV`IVWHXWYHJX`_IKU]\K]\JK
KVVWHXYXYY[HXW_\H[W
B2
%@"!5
"&!"
0.)>)!
:"
0"">>"!%7&
%7
>%)0!
7!%)%
%2"
!%)%>!"2
%2%0"
2 %@"!?%7&
"07&!).")"
!%)%>%
%
0!!?%7&
F"2"
"2!F&")
@")!0")0!:"
"0
B%
).!%!" DB#-oqppxqz
zwwnopqrs=&)
70"0)
)
70!
&
%2"
!%)0!!
"00%!"
?!%
%
%$2&)!0)&7
".
7&!7
&70"0=?0!"?!"
!
"!$")!
2&)!0=>%%
2 %"00).2&)!0="$&2&)!0=%$2%0!).=
">)"
"0=&)
>&&0=
"0=)
>F"
.&00$%&
).'%!")!&0%7
"0!!$8"$!%
%
0 7
).%)0!
7!%)!:!"0)&7
"
"O72$")!"G70!
%
0>
%$!"0"0%7
"0?%7&
F"&%&N"
)
.")"
&&8%)>)"
!%!"
$$"
!"
"07
%7)
).!"2
%@"!
"2
%@"!?%7&
70"!82&%)0!
7!%)!")O7"0=)
!"%
%
0?%7&
F"!82&%>$%0!%)0!
7!%)0!"0)
!"$2%
8))!7
"
"2
%@"!?%7&
)%!
"!"07F0!)!&%F@"!%)F&"%
%
0)
!0$2!?%7&
F"&"00!)
0.)>)!
700
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
23
4( % 5
6" - !
7!- 8!,!% $( "9:9;
<=>=?<@A>BC=DE@BC
F=D>GHIBJE=KB@HL
M=HBNH<A>>O
<?N<P<@ANH
QJA@H
BCCHIAN
<?N<P<@ANH
R<HI
S<H<?AH<=N
N@=EJ=EAHBG
BCCHIAN
<?N<P<@ANH
QJA@H
=QJA@H
TU8!/5V/ ( %
8!/!!WW! X! !
! %6$ $5-V #$
W $(/X
$((6/1!!/
!( W!
/(
!X
/!(/ 8!X$/1!%3/ 5//1!!/(%$%
$!-$(%1%(/X1$%!/X$!-5% $(/X
$V6 !Y%W$(,!1 #!( $WZ/
(
[#!$0
Z/(
+%
%W!
!8!\
]
VTU8!/5V/ ( %
8!/!!WW! $((6
1(V $$ !/!(/ 8!( 5%
$##5( 6
!( W!
(%$%$!-$(%
1%(/X1$%!/X!-5% $(/$V6 !
Y%W$(,!1 #!( $WZ/(
[#!
$0Z/(
+%
%W!!8!\
]
TU8!/5V/ ( %
8!/!!WW! $(/ !
$W!
!%%61$ ! !
^! %(
/
_(%5
(-XV5 ($ %# !
$X#/X
8!(%1$$%X$/ %X!
T $5-
!
!#$8%XW%%(-X6
$%$-%( !51 $(X
$$ !#!(/\
]
T4( !W!!/5V/ ( %%6^ !#$8!#!(
$W(6( 8!!/
!( $#- $6W/$
^%
%W!/1!!/$^ !/ V%/!
( 8!
!/
!( $#- $6^%
%W!$
$/X
$#1!
! !5/!$W( 8!(5/!6/ !/\
]
!TY$(W% ^ (6%$%1$%!/$
$
((!/1$ ! (-V$%$-%
!/$5!/X/5/ !!1!/!8 $(
1$%6$$
((!\
]
WTY$(W% ^ !1$8/$(/$W(
$1 !
UV Y$(/!8 $(&%(X7 5%
Y$##5( 6Y$(/!8 $(&%(X$$ !
11$8!
%$%X!-$(%X$/ !V
$(/!8 $(1%(\
]
&%( (
^%
%W!/1!!/%/ !
5(
! !W!
!%`(
(-!!
1!!/a _`aT$5(
! !
bcdefghiecjikcilmhmknompemqrpstbjnruchmhmfmhhmksgpgddmpsevmdwcqxdeqsmkqompemqyeiszeq /! $(
&%( (
^%
%W!/1!!/($ %/ !
5(
!`a$Y`aV5 / %%1$ ! !
V6W!
!%-!(!/X
/ !-!(!/X%$%$!-$(%1%(//5/{(-!Y$5( 6$5 !(5V!-$(UV Y$(/!8 $(&%(_UY&TX(
$($(1$W !/$5!$-(| $(/X/5/ !Y%W$(7 8! &%( $! 6_Y7&TX!!Wmhhmksgcqxqmiqesevmqompemqyeiszeq/mpsegi}~zmsmhxqompecd3/ 5/ qompemqy/5/!
^!($%%! 8!%6!W!(- $V$ %/ !
(
/!(/ 8!/1!!/
,!/1 $(/$W
/1!!// 5/('(-/(V!!//!
( !/! $($W !1!!/{5!(!&$ !( %_{&T
V%!/$WJJBNG<
701
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( "4:4;
<=>?@A??>BCBDEFG@H?
GI JBAKLHMNFOBPN@HMGQNG?AR?HGCH>GKGLQNO?NNDDN@HSN>HMNOL>ON@HKTBOHMOBAUMMGR>HGH EBL>D>@GH>BC?SBCGCT?FN@>N?>LNCH>D>NLG?G@GCL>LGHNS?NC?>H>QNSBO?FN@>GKV?HGHA? ?FN@>N?>CKB@GKBOONU>BCGKFKGC?SFBK>@>N?SBOONUAKGH>BC?SBORTHMNGK>DBOC>G =NFGOHENCHBDW>?MGCLGENBO
W>?MGCLJ>KLK>DNNOQ>@NX
N??MGC>UC>D>@GCHY>HMZ>H>UGH>BCC@BOFBOGHNL
CQ>OBCENCHGKNHH>CU
!%%[$%%(([%!#!( !^/ $ !($ $\ !1$`!
!/!/6$6(
(-!/
$#1/! !c$%$-%/ 6
7!e)df^/$_((W>UAON
V<
!1$`! / !// 6 !
c! _!!(!% 9!%73
!9!%$1!
!(
1$ ! !
$1!(/1!$\ !(
]($\! !)!(
[#1&!(
%! $( /611$ c6(
( ( 9!c$
9!/ 7^(
!!\$!
1$9
!/9%6c%!c \$/1!%3/ 6/1%( (
_%
%\!/1!!/
!1$`! / !(
)d
!bc !/ 3/%$1(- $1$-17_ !%!9 $(/(-(-\$#11$b# !%7;g\!! $hg\!! c$9!#!(/!%!9!%e#/%f
!
!9!%$1!
1$ $(/$\ !1$`! / !(%6
! !
!!
"!#$%&'e !!
&'f^
)$(*$(+%%
,$-&'e
$-1'f^(
ijklmnopqjrstuvwrxoqjrsljwqyzprss{|jwq}u~oorou
_$1'(-%$ /( !_!/ !((
($ _!/ !(6
( ^c/!c%%\!%
/( !!( %!^(
/%$1!
^ !!
%(
/1(- $ !!/ (
/$6 !/
d#( !((!7
_ 6(
!9!%$1!
^
/ 6c!
%(
/ $ !/$6 ^/6$6(
!
c7/%$1!
^ !!
%(
/1(-
!%(
/1(-
$6-$6 !1'$(// /$\$(#!( %(
( 9! !!/(
/6c/
!
$-1'$(// /$\
_$\!(!
c!(
\!%
//6$6(
!
c7$(#!( %(
( 9! !!/^/6c/^(
!c!$6/
6(
!/ $7
d1!
!/ ((
c'! %!##!
!%7\%('(- !!/ !(c$6(
7$\ !
$-
1'
!/' !1'/\!(!
^$(! !!(_ 9!
$1$-17
$ /
$6#!( ^!!\ !
!/!!/$%%! 9!%7!!\!ws{rujoprss{|jwqz
![ 7/!!( %7$#1%! !
!$(!1 6%
!/-(1/!$\/ !3/1!\1'#/ !1%(
61 !\$ !!
&'
0(
!!b/ (-$(
$(/^/ $#_ !-!(! !
$( !1$`! / !
(/ $
!($ (
!/ ($ !/ (
!( !/(!b/ (-/ $#
((%! ( !6%3
!3/ !!/ !(
!#( $($\d9!(
a&
// $#
(\!!
/( $(6((#!
(-! !
/!/
\$# !($ !/ $(!$\ !)d(
/-!/( $[/ ( $/[!!'^_/11$b# !%7
:
#%!!/ \$# !)d
[/ ( $/[!!'/ c6 7$\(" !$[!!'e0
&d4:44$$-%!
&$^4:44f
GR>HGH??N??ENCHAOQNT
0% 7/ !#/
(9$(#!( %^5(e0% 7/ !#/fc$%$-/ /"/
"!%%!
$%%! (
"/
d6
!7
"8#$(
6 !
c //!//#!( /69!7/$(8$9!#c!2^4:44(
(67h^4:4; $
//!// !c /^1%( /(
_%
%\! $6_ ( !)d
_!%9!%(
$9! 71!/$6
_ ( !)d(
!7!!
!/c!
% !( //! $(
!!W>UAON
V
!1$`! / !/
6!( %7
!9!%$1!
_ !!b/ (-1'\% !/
!1$`! !(%6
!/
!!
"!#$%&'^//$ !
1'(-!/^
/ 6c!
!/^(
$(#!( %9!-! $(
!!/
$/ %/-!/6c!b/ (-_ ( !)d^(%6
(- !1$`! / !
&%( (
_%
%\!/1!!/_!!
!$
!
6(- !c //!//#!( /69!7(
$ !/69!7/(
!/!/1!!/%/ /(c!
9!_!
(FFNCL>^ ¡¢£f
702
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( ":;:4
<=>?@A
B
CD
E
EF
703
SECTION 4.4 – BIOLOGICAL RESOURCES
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 4.4-4 Initial Study/Mitigated Negative Declaration 2023
Figure 4.4–2
LAND COVER TYPES
704
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( ":;:<
=>?@ABAC>D@E?FGA?AHBIF?JAB
)/!
$(% ! 6!!9!K(
L6!7$M16N%%79%N%!
N/!/O!!M !P1%( (9!( $7Q
0R+:;::PNPS8,,):;::PS8&P:;::TM$!1$ !
$6!(!/K ( !(3#%!
6/$M
!1$U! / !P !!K!!/V%/ !
(
:W/!(/ 9!1%( /1!!/
!( M!
N7$(!$M !M$%%$K(-
#!(/X!1$ !
( !1%( (9!( $7P!$-(Y!
/$6(-N/!
$(1!9$6//69!7/$
'($K%!
-!$M !!P$$N/!9!
6(- !N //!//#!( /69!7
ZE[H\D
G]/$K/ $/!
/1!%3/ 6/1%( /1!!/ 9!N!!(!$
!
K ( K$#%!/$M !1$U! / !
^M $/!<2/1!%3/ 6//1!!/PM$6%/ !
(
:2/!(/ 9!1%( /1!!/K!!
! !#(!
$9!
%!/ %$K1$ !( % $$6
!!#(
!$M !/1!!/K!!
! !#(!
$9!($1$ !( %
$$6$!($ !V1! !
$$6
6! $%'$M/6 N%!!(9$(#!( %M $/ $/611$ !#
8$/1!%3/ 6/1%( /1!!/K!!$N/!9!
6(- !/69!7/
R$$#1%! !%/ $M%%1%( /1!!/!9%6 !
M$$6!(!1$ !( %(
!M( $(/$M !
!/1! 9!/ 6/('(-/P!M! $>>DJ_E`abcdefghaifijkabcdecklmncmiopqfmrsddjppcmdc toicmiefgucicpvemfieom
IF?JA>D@EDBwEAx?yE[xICADJAE?FAC@@H\zEJ
{
|
!6#N!( -$%
!(N6/Olkodovfvcm}eckee9
rcdjv~cmkTS&X)
:
| !
3%!9!
N$
!OporefcfegeogefTR
PPS&X)
O()T
IF?JA>D@EDBwEAx?C_D\?ADICADJAE?FAC@@H\
|(,!-$#N$/Ov~pokefbjvegfTRPS&X)
|(( /N/Ofdd
fpeknfmckkfcTR
PPS&X)
|tcmifd
fciffjpcf//1
fggcmeeT
| K !NN 3 $N$Otkcjromfb
fgejvgcjdodcb
fgjvTS&X:)
:
|1%-K$ Oacmcdeofb
fmfdiekTS&X:)
:
|3-//Ocberejvnepemedjv9
po~emkomeeTS&X2
<
|%$(-3/1(!
/1(!M%$K!O
ope}fmi
cbogqomoerck9
gomekbemfTS&X)
:
|( !#!
!#1$/%%7Ofgod
opijkccree9
emicpvcrejkT
=>?@ABAC>D@E?FGA?AHBEF_FED
V 73 !!/1!%3/ 6/K%
%M!/1!!/K!!
!( M!
N/!
$(% ! 6!!9!K(
L6!7$M
16N%%79%N%!
N/!/O!!M !PK%
%M!(9!( $7Q0R+:;::PNPS8,,):;::TM$
!1$ !
$6!(!/K ( !(3#%!
6/$M !1$U! / !
!/!/1!!/K!!
!( M!
N7
$(!$#$!$M !M$%%$K(-#!(/X!1$ !
( !K%
%M!(9!( $7P!$-(Y!
/$6(-N/!
$(1!9$6//69!7/$'($K%!
-!$M !!P$$N/!9!
6(- !N //!//#!( /69!7$
$ !/69!7/
!M! $ZE[H\D
G PK
/1%7//1!!/
!( M!
( !S8,,)K%
%M!
(9!( $7K ( K$3#%!
6/$M !)
^M $/!</1!!/P!- %/ !
K%
%M!/1!!/(
</!(/ 9!K%
%M!/1!!/K!!
! !#(!
$
9! %!/ %$K1$ !( % $$6( !)
!!#(
!$M !/1!!/K!!
! !#(!
$
9!($1$ !( % $$6$!($ !V1! !
$$6
6! $%'$M/6 N%!!(9$(#!( %M $/
705
SECTION 4.4 – BIOLOGICAL RESOURCES
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 4.4-6 Initial Study/Mitigated Negative Declaration 2023
Figure 4.4-3
CNDDB KNOWN OCCURRENCES PLANT SPECIES AND HABITATS
706
SECTION 4.4 – BIOLOGICAL RESOURCES
7179/Richard T. Steed Memorial Park and Baron Von Willard Dog Park – Master Plan Update Page 4.4-7 Initial Study/Mitigated Negative Declaration 2023
Figure 4.4-4
CNDDB KNOWN OCCURRENCES WILDLIFE SPECIES
707
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( ":;:<
$/611$ !#
!/!/1!!/!%/ !
(==>?@ABCDEFGHIJKDLILMNDEFGHFNOPQFPLRSTIPU
VRLFPLHIJWGGMSSFPGFXFLFSYHPILHRP
5 /( 1 !
$(/ 6 $($Z !1$[! \%%9!%!//
(/-(Z( #1 $(7$Z $/!/1!%3/ 6/\%
%Z!/1!!/ \!!
! !#(!
$9!
$(%7%$\1$ !( % $$6
!1$[! / !
$!/($ 1$9
! !$(
$(/(!!//7 $/611$
9!/!7$Z/1!%3/ 6/
\%
%Z!/1!!/C]6 #7/611$ Z$-(-C/!% !(-C(
!1$
6 $($11$ 6( !/Z$/!9!%
%/ !
(
($(3%/ !
\%
%Z!/1!!/
!)^/'($\( $1$9
!/6 ]%!] Z$#(7/1!%3
/ 6/\%
%Z!/1!!/
/1$[! \%%( $
6!
$(%_`abcdee``efghijkeglbcfaemhej%!9!%/$Z ZZC ZZ($/!C !! $(%6/!/C(
$ !6#(
/ 6](!/C\$!/1$(
(-%7
!!/!/ !Z6( $(/
(
9%6!/$Z !
[!( 9%]%!]
5#1 / $\%
%Z!/1!!/ !%!//3
1 9! $Z(-!
!ZZ! /
6! $6#((Z%6!(!#7!n1!!(! !-! !/ ]!9$%(-!/( /$6%
]!-9!(
Z$6/!
!( $(
1!!/ #76/! !1$[! / !$)^Z$%$%#$9!#!( #7($ ]!
9!/!%7ZZ! !
%%o !/!(%6
!]6 !($ %# !
$ !"!n(%$(-3 $(-6!
] C\!/ !(
#/ ZZ] C$7] C1%%
] C%$(-3!!
$\%#!%(C^#!(1!!-(!Z%$(C-$%
!(!-%!C(
$ !\%
%Z!/1!!/
p$\!9!C]!6/! !!/hkbgmqresmqbgmg`laflmhgmrtmrb`lacbmdcmgfmgfseautvwxyzvrrec{h 6##(-]
C]6$\(dl|ru}~yztllea{hsm|z$/ $(!
%
C/%9!7%!-%!//%
C!
3 jbmlcjamggrehcmezxkggmr{h|lljefeaz1%%
(,!-$1$'! #$6/!C(,!-$'(-$$ C
,6%61$'! #$6/!C(
$ !1$ ! !
\%
%Z!$6/( !1$[! / !(
!)^C !!/
!1$ !( %Z$ !/!/1!!/ $$6(
C !!Z$!C1$ !( %#1 //!/6% $Z !1$[! !
1$//]%!
!!( 6%/ $7
/6//$(/]!%$\Z$
!/1 $(/$Z/6 ]%!] Z$ !/!/1!!/
\$0
+3
!/-( !
%] %] !/!1$n# ! $ !1$[!
!
!/ !((
\!/ !(1$ $(/$Z !)^$9!%7$/ %%Z$(-( ! %]
!
/$6 !(]$6(
7$Z !)^/##!
!%7
[!( $9!/
!Z7/#1 %]
,! #1 / $ %] !($ ( 1 !
C% $6-(
! #1 /9!1$ !( % $
$6/!/6% $Z !1$[!
5#1 / $/1!%3hgmgkh|brjrb`esmelgecgbmrgllffkamhmaehkrgl`gseallhejalefg{h $(/ 6 $(3!% !
9 !/
&$/ 3$(/ 6 $($1! $(/(
#( !((! 9 !///$ !
\ !1$1$/!
1$[! \%%( $
6!6#((
$#!/ 1! 9 7C(
6/(!/!/( !
#]!( ($/!C9] $(C%- (-C $n(/C($(3( 9!1%( ( \%
%Z!/1!!/C /C(
1!
!/ (
(
9!6% ZZ\%%$6/!/6% $Z !1$[!
!!Z$!C# - $(/1$1$/!
$$ZZ/!
#1 / $%!// (/-(Z( %!9!%
!!
/6//$(/$Z
$6-
]!%$\Z$# - $(
#!/6!/
!Z$%%$\(-/1!!/( !\%
%Z!(9!( $7\!!
! !#(!
$9!#$
! !$-1$ !( %
$$6( !)^o$\!9!C($(!$Z !/!/1!!/\!!$]/!9!
6(- !/69!7/
^%%11%]%!
/ 6/('(-/$Z !/1!!/( !\%
%Z!(9!( $7!1!/!( !
(^ #!(
$Z==>?@ABC
DEFGHIJKDLILMNDEFGHFNOPQFPLRSTIPUVRLFPLHIJWGGMSSFPGFXFLFSYHPILHRP %Z$( /!C\/(%6
!
( !\%
%Z!(9!( $7C\/$]/!9!
( !)^
6(- !8$9!#]!2C:;::
Z!%
/69!7(
/Z6 !
/6//!
]!%$\
708
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
23
4( % 5
6" - !
7!- 8!,!% $( "9:9;
<=>?>@AB@AC>
DEBFG=@BDAC=D?C>=HIJKJLMJNOPQRSTSTUNV
!(-!$W !X%W$( /!/%# !
$X%W$((
($ !(/!-#!( $W)YX%W$(Z
"![$
//1!!//W%6$##$(\ ( /(-!Z(
/W$5(
(1%ZW$$ %%/Z$/ %
/5]Z8%%!6 '! /Z1'/Z-
!(/Z(
(8 5%%6(6%$\%(
] \
!(/!%$\]5/
4 %/$$5/(/ !#/
! '! /(
(/5]5]((!-]$$$
/ 1$8
!/5WW!( 8!-! $(
X%W$( /!W$-!/1#%6$( !-$5(
Z5/(- /!8658!
]%% $W$-! $5-%!W3
% !(
$
-( !/$%
,! $W //1!!/$(// /$W1#%6(/! /(
]!!/^ W!!
/$(
\
!8! 6$W(/! /(%5
(-( /Z\/1/Z]!!/Z]!! %!/Z !1%%/Z#$ /Z(
$ !/(%5
(-
/$#!/1
!/(
!( 1!
!/
)!!/(
/#%%W5 /!(#1$ (
! 6$#1$(!( %$(-\
/!!
/Z$(/Z(
$ !1%( # !%_`5
5]$(a!%
b5
!Z9:99c
d(!(
8
5%X%W$( /!\/8/5%%6(
8$%%6
!( W!
((!$WW !1$Y! / !Z
\ ( !!/ !(/!-#!( $W !)`
eBfC<GA>@ABDEAGggh=B@AC>
GD?ADEDEBFG=@BDf@DAgDAgC>=HiJjSJkMSjOlOjSmJPnSlOlOjSmJPnSlOVop
!$/ %X%W$(-( !_-( !c/W$5(
$( !$/ %/%$1!/$W/$5 !(X%W$(Z
W$#/$5 !(*!( 5/$5 \
$5-q$/`(-!%!/Zd(-!Z8!/
!Z()!(
($Z(
(
,!-$$5( !/( $)YX%W$(Z"![$
+ ( /(-!Z !
/ ]5 $($W-( !/W5 !
!W(!
]6!% 8!%6($\!%!8 $(%# /
4(-!(!%Z(%(
1$15% $(/$W !-( !(
]!W$5(
]!%$\ !Zr2:3W$$ !%!8 $(Z(
$/ %1$15% $(/ !(
$]!W$5(
]!%$\(!%!8 $(
$Ws9:W!!
!)`Z(%5
(- !1$Y! !Z$( (/$/ %/-!/5]Z] 61!!t5! ]6 /
/1!!/
4(
$(Z !!!!!(
$5#!( !
$]/!8 $(/$W-( !\ (93#%!
5/
$W !1$Y! _X7,,)Z9:99c
`% $5- !1$Y! / !/5!( %6
!8!%$1!
\ !![/ (-
W% !/Z \/
! !#(!
//1!!//#$
! !1$ !( % $$5$( !1$Y! / !
]!5/! !($ !/ $(!$W !/ !$( (//$#!$/ %/-!/5]] d5!(!$W /
/1!!/ $5-$5 $ !!/$W !1$Y! / !\$5%
%'!%6]!%# !
$1//-!Z/ !#Y$ 6
$W !1$Y! / !$( (/
!8!%$1!
!/ \$5%
($ /511$ -( !
b( !$5%
]!(
! %6#1 !
/!/5% $W !1$Y! $5-($/!Z8] $(Z
5/ Z(
$ !
/ 5](!/
/!/5% $W !1$Y! _X$(!%%q]$Wd( $%$-6Z9:99^0a+Z9:99 c
uvvwxyz{|}~llSkSMQPlJJkQPSSVo
3/!
\'/$W !\$$
%(
/
!/!1 $/!$##$(%6/- !
(
1'/Z(!-]$$$
/Z$8!W!%
/Z(
!8!(%$(-]5/6/ !! /W !!!%-! !!/(!]6W$
1!(-Z(
!t5 !1!6/1!!//5/$ !]
/(
/#%%###%/
!61!W! $]!!
(
#$!
!(/!%6\$$
!
!/ ($5( !)`Z/5/\$$
%(
$1!((-/(
!
-!/$W1(
(!/ /(1(!/Z$'/Z,$5-%/W/Z]!!!/Z/15!/Z( $ !
%-! !!/
"%!/ 61%%6]5%
!(!/ $8!1!$
$W]$5 \$\!!'/Z\ Y5/ !/%- !/
!%1W$# !W!#%!
7!/ /!1%!/$W/ '/$5-%69(!/(
#! !(
r $(!/-
\ 513/1!
!1!//$(( !#
%!Zs(!/$//(
2(!/
!!1
!51/%(!
\
]'W%'!/(
Z/$#! #!/Z-!!( \-/
_X,a+Z9:2^X$(!%%q]$Wd( $%$-6Z9:99c
709
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( ":4:;
!)<// 6 !
$(= !
-!1$9
(-/6 =%!$(
$(/ $/611$ >$-(-(
(!/ (-
?@ABC@CDEFGEEHIFJK?@LMNO?IFIDEFIPC?IFIBK@?BQ?HECIRCB@SDEFC?BKKHITBIKCEETTUFBRC?IVWXCE 1!$6(
YZZ[\]^_[\`abcdefeghfighjklikmn
nopq[^[r[^soZ^tuYZZ[\]^_q]voqp^wq[xo
\]^voZ]^_q]voq
!=6$y(-$y%z)0{+|//#%%}!16/6%z 9!
6/'(
y(|}-$6(
3(= (-$y%
/>$6(
%-!%7 $6-$6 !/$6 !(0( !
!/
)0{+= /
9!/!}(-(->$#
$1!(}
7}>% -$6(
$%$y$%%(-%%/y /1/!9!-! $((
9%=%!=6$y/z~%%-!}
| $((6%(
1!!((%-//%(
/}/$ -//1!/}$1!(-6% 6%!/z1 6%%7 (-!%(
/|}
!/! >%$$/}(
9( %$ /(!/
!( %!/(
6(9!/ 7#16/!/
)0{+/
/1!(
#$/ $> ! #!$( !-$6(
$$(%$y1!/ !//6/>!(!1$/ /(
#$6(
/
!7!-!(!%%7>$6(
($1!($6( 7}y!! !!$/6=($1!/$9!%!// (;41!!( $> != z!( !>$)$%$-%,9!/ 7! %
}:44;|
)0{+/(= (-6=(%(
/1!
!/
#7%9!(9( >!%
/%$ /}1/ 6!/}1$ /} %! >!%
/}-$%>$6/!/}!#! !!/} 71'/}
$
/$6%
!/}
(-!/6#1/}%$
=!
/}- $(
!/}(
$
6 /z!( !>$)$%$-%
,9!/ 7! %
}:44;|
*!-! $($9!(
!- 1!9!( / !$y%>$#$=/!9(-11$(-1!
$/1%!/ !
)0{+ /!9!!
/
9( -!z!( !>$)$%$-%,9!/ 7! %
}:44;|
!7! !$(%7/#%%
$y%%'!%7 $=!/!!(1!!
( !$1!(
7%- z=%!7}:444|
6 =%!)0{+= #6/ %/$/611$ !1#71!7 !#/>$)0{+/}/6/(/! /(
/#%%###%/
)0{+/!$11$ 6(/ 1!
$/1!7(-1#%7$(=$
7$>
$1$
/z!( 1!
!/}/1
!/}=!! %!/}'! /}(
-//$11!/|}(
/#%%$
!( /}=6 !7
%/$! =
/}#1=(/}!1 %!/}(
$(
!7#76( >$#1!}$9!}y'}6(}y%'}
9!$$1> !1!7
!!//6 =%!(!/ (-}/!% !(-}(
>$-(-= y ( !)<>$)0{+
&$ $(/$> !
)<$( (/1/!/6=$9!(
>=%!/$%/y!1!>!!
$(
$(/>$)0{+
5(
$(}/!9!%/6 =%!=6$y/>$ //1!!/y!!$=/!9!
$6-$6 !)<
!!>$!}
# - $(/1$1$/!
[woZpvo[vo^v]p`v[ssYZ]^vo
XSSIRJK?UBRQABFBK@TEERKUIFFIKBIRC@RBQF@RC@SERQC?I@EFBCEDC?IG@SBDEFRB@ $/ >$#(67 $6%7
)!!
(-= (%6
!/$/ %/6=}9%%!7>$$ %%
y$$
}(
9%%!7>$$ %%1(= /}=6 %/$!$##$((%$/!
3$(!1(!371!//}6=(}(
!
y$$
= /
//1!!/%/$$6/(9! 7$>y$$
%(
(
/6== //#-(
<% $6-#$/ %7$/ %(#- $(}XSSIRJK?UBRQABF/>%7$##$((/$6 !(#$6( (/ (/6##!(
>%%#- $(
//1!!/ '!/(! >$#y
!9! 7$>!=!$6/(
y$$
7 >%$y!(-1%( /%/$! /(/! /(
/1
!/(
6/!//1('%!/}=
= /}(
$ !6#(y !
/$6!/>$= (-(
1$//=%7
('(-}=6 %/$$= (/y !>$#(! (
!yz,!( !(
<(%!7}4~! (
,6((|
710
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
23
4( % 5
6" - !
7!- 8!,!% $( "9:9;
<=><?@<AABCDEBFGHIJKLMNOPQRMQRSRMT
!#- $65U$5/5##(-V
/(5($##$(!/
!( $UW%U$(
5(- !/5##!
/!/$(X(
!-5%Y( !!/
!( $U/$5 !(W%U$(
//1!!//U$5(
(8! 6$U
V / 1$8
!(! 31$
5(-U%$Y!/Z5/!/8%%!6U$$ %%
Y$$
X8%%!6U$$ %%
Y$$
3$(U!X1(X(
8$5/1%V /(V$ ($ Y
(
/$5 Y
#- $(Z#$( (!1(X/1!(X(
-#$5( (#!
$Y/[ $ !!3%(!(
V$8!\5/!
(
/$5 Y
#- $(
5U$5/5##(-V
5 %]!/1(!/X$1!(Y$$
%(
/X1%X
#$5( (#!
$Y/X(
$ !V /((! 31$
5(-U%$Y!/X(%5
(--
!(/(
$
/
[W$(!%%^V$U_( $%$-6X9:99Z`! (
,5((XaZ`((!%%(
"%%!X22\
!
)bX(%5
(- !1$c! !X$( (//5 V%!$/ %/5VV $/511$ (!/ (-(
U$-(-$U //1!!/
defghifjkllmnopmqrstLKuNvJwPMvLJT
W$/ x/5##(-V
$5/($($((
"$c8!,!/! /5VX$/ %W%U$(1%(
/-!/5VX(
!
5$5/U$!/ (
!/! /5V()cW%U$(X"!y$
b%$(- !W%U$(
$/ X !65 %]!$/ %/-!/5V(
1%
//1!!/$(/5#!/(! U$#8! 6$U
!/! 1%( /X!/1!%%651$/(
$$ %%$
#%%(/! /!%/$$/$(%%6$(/5#!
[W$(!%%^V$U_( $%$-6X9:99\
!)bX(%5
(- !1$c! !X$( (//5 V%!$/ %
/5VV $/511$ (!/ (-(
U$-(-$U //1!!/
><z@{FC|}B=>FCB|F<=><?~F>C{G?|FF>HPNOKLQRSwJNMwL JMwJ
MT
!/$5 !(W%U$(5U$5/3$Y(!
/1$Y/U%6/!
!( 6X($(3#- $6/1!!/
61%%6Y%'/$5(/$( !-$5(
V! Y!!(/5V/(
-//!/
//1!!//($ / $(-U%!Z
!%$(-!/
/ (!U%$Y( $(!Y/!$
!
11$y# !%62:U!!
5U$5/3$Y(!
/1$Y/ !(
$!#($($(! !-$5(
$$V (/
!(
$8!U$#1!
$/
!6
5/5%%6V5%
(!/ /$( !-$5(
/Y!%%X/$#! #!/
(- !#5(
!(! !$8!(-(-!
-!
$U$'$Y$$
6/ !#
//1!!// 61%%6U$5(
$(
X$'6%%/
!/$U !/$5 Y!/ Y
!% 8!%6%$Y8!-! $(
!(/ 6[W$(!%%^V$U_( $%$-6X9:99\
!!//5 V%!V ($UU/ !!/Y ( !)b $5% 1$ !( %%6/511$ /$5 !(
W%U$(5U$5/3$Y(!
/1$Y
>DD{F@{|G?@FB{HL
RMKRPwL
RMT
{|?>C>=>C{FCC{?zBCD
^$--!!
/'!/$##$(!/
!( (
Y( !8/ $(%$Y%(
/(
U$$ %%/ $5-$5
W%U$(
//1!!/(V /!/Y / !!
/5V/X !!/X1$/ /XU!(!/X5 % 6%(!/X$$ !
Y$$
3$(U!X8%%!6U$$ %%1(X1(6$(3c5(1!Xc5(1!X !/! 1(X(
$/5 !!
V /
!)b/Y ( !'($Y(
/ V5 $(%(-!$U !/1!!/(
$( (/1$ !( %%6
/5 V%!(!/ (-(
U$-(-V Z !!U$!X //1!!//#$
! !1$ !( % $$5Y (
!)b
@Bz{~z|B}{GBz{HKL
RMKJRwRQRMT{|?>C>=>C{FCC{?zBCD
+ !3 %!
' !//#%%Y' /6!%$(-!/
!( ($/ %(
8%%!6%$Y%(
/X/8((/X
$1!(Y$$
%(
/X#/!/X
!/! -//%(
/X1 %%6%!!
%(
/X(
5% 8 !
U!%
/
!6!
!%6U$5(
Y6U$#-5% 5%!/(
!(
$8$
!8%6-]!
!/
+ !3 %!
' !/
8!%# !
/ V5 $(( !0( !
!/ /$(U(!
$W%U$((
!y/
+ !3 %!
711
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( "4:4;
' !/!!% 9!%7$##$(<=6 !1$16% $(/9!
!%(!
=7;>1!!( =! ?!!(:(
4:2
!!/ # !
-%$=%=!!
(-1$16% $(/4#%%$(
//1!!/$(/6#!/#(%7/#%%###%/<=6 %/$! /=
/<%@
/<(
(/! /$(!
$/$(/
+%!6( (-< !? !3 %!
' !$9!/61 $A:B!! $BB !-$6(
(
!(
$1/
/ -
$?($( $1!7 !#/? %$(/$6
!7($%
/ $(71$/ $((#
=7B(-
( $ !?(
(
B%6 !(- !?(-/<=!9$/$ !/ $B !/!= / C/%%!
' (-
+ !3 %!
' !/#( ( ! $!/< $6- !7 !(
$ $%! !(!=7' !/(
!($
// $(-%7 ! $%/$ !1 $/DE$(!%%F=$BG( $%$-7<4:44H,6('<IH& (!/( J%- <4:K
LMNOMPQRSTMUVVOVSTWRMSXSYYVQTZZ[\
+!/ !(/1
!B$$ $
6% /!!//!( %%7 !!/ %<$(%7!( !(-]6 = /B$=!! (-
//1!!/1!B!/!/$B$1!(9!-! $((
/$ -//!/<?!! !/$%//(
7$-9!%%7
!7$6(?/!/<B%$$
1%(/$B9!/<%%69%B(/<(
1%7/<=6 %/$(-!( $ !B$$ %%/
^_`abc_d^e_fghdijje_fklmnopqrisfti_`abfdbudrisi^ve_^`bva^_ddbfiaew`bva^_dfd^di =6$?!
(61%(
=
x!( $ !(1$$%/ !/D
!
<1$(
(-/ !/K
//1!!/!]6!/
/!/$(%(1$$%/ %/ #(#6#$BB$6?!!'//!--/ '!B$# $> 7/ $ (
#! #$1$//(=!$#1%! !
? (; $?!!'/Dy!(((-/(
z7!/2K
)!!
(-=
#6/ =!/!/$(%/6 1!
$/(%6
(-=6%%B$-/(
1!
$7B/
$($ =!$#!
!/ =%/!
)!!
(-
6% / 71%%7!#!-!
6(-(
$##!
!%7B$%%$?(-!% 9!%7?#
(/(% !?( ! $!%7/1(-
J!#%!?!/ !(/1
!B$$ $
/
!1$/ /#%%%6/ !/$B: $
24!--/ $1%( / !#/$$ !
!=/( !1$$%Dy!(((-/(
z7!/2K
{V|QOSZQ
ZVQW}~
[\SQTZTSOMNRMZMN
!#$6( (%$(//1!%%71$ ! !
###%( ! !J/(
#!E$
!<2A::
5(
$(<$(1%4<4:4:< !E%B$(J/(
#!E$##//$(!1 !
1! $( $%/ (
!9$%6 $(%7/-(B( 6( D0K$B#$6( (%$((/$6 !(( !( %$/ %E%B$(/
! !(!
$!(
(-!!
6(
!EDE,J+4:4:K
/E(
!/1!!/< !#$6( (%$(
(/$6 !(E%B$(/-( !
B6%%1$ ! $($B ! !(!
/1!!/6(
!E
"$6( (%$(/#7=!#1 !
=7(!/!
BB<6#(1!/!(!<%- <(
($/!
!!B$!<
6(
!E(
E< /!1$ !9%6 !/1$ !( %
9!/!#1 / $#$6( (%$(/
6(-(
B !&$x! $(/ 6 $(/!/6% $B/ !//$/
!/=!
!1$x! /$6%
=!
!/-(!
$%%$?
/B!1//-!$B#$6( (%$(6(
!$$9! (/1$ $(1$x! / $//#$6( (%$(
#$9!#!( $
$/
MQMPSLZTZUM|PMNMN|ONSQTZN|NNZVQ
G(!$B !/1!!/
!( B!
( !?%
%B!(9!( $7<E%B$( /!DK<?/ $=/!9!
( !!/ !(/!-#!( $B !)
,6(- !/69!7/<($(!/ /?!!$=/!9!
&$x! $(/ 6 $($6%
6/!/!9!%1$ !( %
! (
(
! #1 / $(!/ (-(
B$-(-
=!9$$B1$ ! !
?%
%B!<(%6
(-7!3$6(
!/
!( /</!/$(%!/
!( /<(
#-( /
% $6-$(%7$(!/1!%3/ 6//1!!/?/$=/!9!
6(- !B!%
/69!7/DE%B$( /!K<
#x$ 7$B !=
/$=/!9!
6(- !B!%
/69!7/!1$ ! !
=7 !"- $7)
! 7
D")
K(
J/(
#!E$
!;I:;<;I:;
I<(
;I;
($ !1$ !( %
! #1
?$6%
=! !$(9!/$($B$(/ !9!-! !
!/ $
!9!%$1!
!/</9!-! !
!//611$
712
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( ":;:4
< =$=$-(-(
$9!
>$?!9!@#1 /
6! $=$-(-< %$//?$6%
<!%!// (
/-(=( <!6/! !!!#(7% !( 9!=$-(-!/ $6% <!6 %A!
? ( !-!(!%
9( 7$= !)BC !)B//6$6(
!
1#%7<76(
!9!%$1!
/1!$( ((-( 9!
9!-! $(
&$ !( %=$($/!(
=6- 9!
6/ -!(! !
<7$(/ 6 $( 9 !/(
6(( 1 !
1$%%6 ( //6/$%$-/ %!'=$##(!7@$6%
$( #( !/$%/6=!/
$ !#1$7$(/ !? !/$6!/
!1$D! / !$( (/(6#!$6/$11$ 6( !/=$?%
%=!=$-(-@(!/ (-@(
/!% ! $
/611$
9!/!//$ #!( $=?%
%=!/1!!/
!!$##!(
!
# - $(#!/6!/<!%$?
?$6%
!
6!1$ !( %1$D! #1 / $<$%$-%!/$6!/
EFGFHIGFJKELIMNOLM
!=$%%$?(-# - $(#!/6!/?%%!
6!1$ !( %#1 / $%!// (/-(=( %!9!%(
?%%/!9! $9$
@#(#A!@(
$==/! 1$ !( %#1 / $<$%$-%!/$6!/(
D6/
$(%
? !/
EE
PQRSJTNMLU
JGIKFTIVNOWLXM
$9$
#1 / $/1!%3/ 6/1%( /1!!/@Y6%=!
<$%$-/ ?%%/69!7 !
1$D! / !=$ !1!/!(!$=/1!%3/ 6/1%( /1!!/? 1$ !( % $$6 ? ( !
! (
(
! #1 !/$= !1$D!
!=$6/!
1%( /69!7/
?%%<!$(
6 !
($
(!? !&$ $$%/=$69!7(-(
Z9%6 (-
5#1 / $1!%3/ 6/8 9!&%( &$16% $(/(
!(/ 9!8 6%
[$##6( !/\[,]+@:;^_
B#(#6#$= ?$/69!7/?$6%
<!$(
6 !
11$1 ! #!/$= !7! $
$(
!? !$1 #6#$(
$(/(
<%$$#1!$
/@
6(-
==!!( /!/$(/$=
!/#!7!@ $
!Y6 !%71 6! !=%$/
9!/ 7$=/ !
Z9!71%( `$(
$6/$(/ !?%%<!
!( =!
$ ! `$($#%!9!%(!!//7 $
! !#(!
7(
%/ (-/ 6/@/=!/<%!
&%( /1!!/?%%<!
!( =!
6/(-1%( =!%
(
`$($#%-6
!/
?!($1 #6#$(
$(/=$
!( = $(!1!/!(
\-!(!%%7<%$$#/@=6 /@(
$%!9!/_
1!%3/ 6/1%( /1!!/?%%<!
!( =!
@!$
!
(=!%
($ !/@$6( !
$
!/ # !
@(
#11!
$((!%#1$? a&6(
]$%%$?(-$#1%! $($= !=$6/!
<$ (%/69!7/@=$6/!
<$ (%/69!7
!1$ ?%%<!1!1!
($
(!? -!(7-6
!%(!/
!!1$ ?%%b_
cdeefghijhklmgefnhmkgjofgphkonqjqfrhnfnmlnqjcdgsjtfgjffkpnqjqfrhnfnuc /6 <% 7=$/1!%3/ 6/1%( /C:_//!// !1$ !( %1!/!(!$=/1!%3/ 6/ 1%( /$(/ !C4_(%7A! !1$ !( %#1 / $/1!%3/ 6/1%( /=$#1$D!
!9!%$1#!( C(
2_!$##!(
@/11$1 !@)"&/@9$
(!(
1$ ! $(
#!/6!/@(
# - $(#!/6!/ $!
6!$9$
1$ !( %#1 / $/1!%3
/ 6/1%( /
!!1$ ?%%(%6
!b_#! $
/(
!/6% /$= !% ! 6!!9!?
(
=!%
/69!7/C:_=-6!/
!1 (- !%$ $($=/1!%3/ 6/1%( /C4_
$#1%! !=%$$#1!(
6#C(
2_/ !1$ $-1/
[,]+-!(!%%7$(/
!/<$ (%/69!7/ $<!9%
=$1!$
$=$(! $ !!
7!/@? 9 $( <6 !
$/!/$(%= $/@/6/
6(-
$6- 7!/$
713
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
232
4( % 5
6" - !
7!- 8!,!% $( "9:9;
1$/ 3<!!$8!6
$#!/1! /$< !1$1$/!
1$=! #6>( 1!$
51 !
/58!6/<$! (/!(/ 8! ?@1 5%%6< !1$=! /1$1$/! $
$5$8!1$ !
#!<#!@$(1/!/@$</58!6/!$#1%! !
5(-
1!$
/$<
$5-
AA
BCDEFGHIJK
HLLFMNOPMQHLRJSI
!)T$( (//5 U%!U $1$ !( %%6/511$ )0V+( !<5 5!
!!<$!@/!!/$<<$5/!
)0V+/58!6//!W5!
TW5%<!
U$%$-/ >%%
$(
5 !<$5/!
/58!6/($
(!> ! <<!1$ )5$>(-V>%
" - $(X <<!1$ YZ,[\@9:9]
T $ %$<<$5U!!
(-/58!6//$5%
U!
$(
5 !
^$(!/ !8/ /$5%
'!1%!U! >!!([!U56_(
T1%_@(
#(#5#$< !!/ !8/ / %!/ !!>!!'/1 /$5%
'!1%!U! >!!(
T1%_(
`5%6_
4(
$(@ $ %$<<$5/58!6//%% '!1%!
5(- !
($(3U!!
(-/!/$(X`5%6a3[!U562]Y !/!/ !8/ //$5%
U!/1!
!% 8!%6!8!(( !8%/
[$%%$>(- !$#1%! $($< !<$5/!
/58!6/@ !U$%$-/ >$5%
1!1!%! !
!1$ ($
(!> ! <<!1$ /5##b(- !!/5% /$< !/58!6
!
!1$ >$5%
U!/5U# !
$ !Z 6(
Z,[+1$ $( (-(6-$5(
/ 5U(- 8 !/
4<($)0V+/$/-(/$<)0V+!$U/!8!
5(- !/58!6(
$(5!(!/
!!8!
<$#Z,[+@1$=! 8 !/#6$##!(!(
($<5 !# - $(
>$5%
U!!W5!
4<)0V+$/-(/$<)0V+!$U/!8!
5(- !/58!6@ !/ !>$5%
U!
$(/
!!
$51!
!U$%$-/ >$5%
!(1!1!)5$>(-V>%" - $(@
"$( $(-@(
c?%5/$(&%((
$( !Z 6(
Z,[+ $/// ( !
!8!%$1#!( $<8$
(!@#(#b $(@(
# - $(#!/5!/@1$ $
$##!((-1$=! 8 !/
AAB
BdDEFGHIJKFeIfeQeQNgFLONeOefGefGhJLHLRJSI
!)T/%$ !
( !'($>(
/ U5 $(%(-!$< !$/ %Z%<$(
-( !XZT\7](
$( (//5 U%!$/ %/-!/5UU $1$ !( %%6
/511$ /U
Y !!<$!@<$5/!
/58!6/($
(!> !Z$/ %Z%<$(
\( !&!/!(!TU/!(!58!6&$ $$%X0[+@Y/58!61$ $$%] >$5%
U!1!<$#!
!Z 6$ /
!/-(!!>%%U!!/1$(/U%!<$! ((-
W5%<!
U$%$-/ 5 $b!
5(
!! $(:X]X]XT]!$8!61!# $$(
5
<$5/!
/58!6/<$ZT\7
!!$8!6&!# Z$$
( $ !Z%/U
0[+V<<!/$5%
U!($ <!
U6
!W5%<!
U$%$-/ $< !( !( $$(
5 ZT\7/58!6/ %!/ :>$'(-
6/
1$ $ !( 1 !
/
!$< !/58!6!<<$
!W5%<!
U$%$-/ /%%
<$%%$> !$(
$(/> ( !!$8!61!# (
!ZT\7/58!61$ $$%
/$5%
U!
!!
$5(%!//(!?!1 $(/$ !>/!-( !
U60[+
&$ $$%
/58!6/!8%
<$1!$
$<$(!6!
X0[+@]
714
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( ":;:<
=#(#6#$>/?/69!7//%%@!$(
6 !
%!/ $(!A!!'1 B@! A!!("
4(
C6(!<;
=#(#6#$>((!/69!7//%%@!$(
6 !
%!/ A$A!!'/
1 @! A!!(C6%7(
"2
69!7//$6%
@!$(
6 !
@! A!!( !$6/
$>DE;;
#
(
:E;;1
#
(
/%%9$
1!$
/$>(%!#!( $(
$(/
8$#$!
(F;!/$>/6 @%!G=H8@ /$6%
@!/69!7!
1!@$%$-/ 1!
7
8$
!#1 / $!?#(!$%$/!%711$G=H8(!/ /!11$9!
6(%!//
6 $I $(/$@ (!
$6-/!9!1!# /
=/69!7!1$ /$6%
!(@!1!1!
(
/6@# !
A 24
7/>$#/69!7
!>>$ $#1%! $( $ !G%/@
0J+K>>!(
!G,J+$6 G$/ L!-$(4M
K>>!
!/69!7!1$ /$6%
(%6
!A !((
#11!
N6% 9!
!/1 $(/
$>1%( $##6( !/( !/69!7!(
!/
O!( B(6#@!B-!B/!?B(
11%@%!$%$@(
(>$# $(B !(#!/(
1!# (6#@!/$>%%/69!7$/B
(
/69!7!%$ $(
5>G=H8$ ! ! $!/!%$ !
A (
! $(
! #1 !/B !(
$(/6% $(A%%$6A !0J+ $( !(>$#%$(/6% $(>$ 1!1 $($>G=H8# - $((
#$( $(-1%(B$>$#%$(/6% $(>$
PQRPSQSTUVWVXSYUVZV[U\SZ]^^R^^_RWT`abUZZSXXR\TZRTTRQcdXVQQReU!A( 1$ !( %
U^^fSW\RVXSYUVZV[U\SZgPUWUVW`ahW\UiRWTSZjSkRlRQ_UTcdXQV_TmRnopqo
5(
!( %$@/!9 $(/$>($(3%/ !
9(/1!!//%%@!!$
!
6(- !G=H8
^fQeRr^sUW\UiRWTSZ^PR\UR^UW\ZfiRtfTSQRWVTZU_UTRiTVuvVVPRQw^mSbkx%$--!!
/'!BQfXVf^mf__UW[tUQix]ZZRWw^mf__UW[tUQiBvV^TSw^mf__UW[tUQixvVVPRQw^ A'BG%>$( /!B(
/$6 !(G%>$(6>$6/3$A(!
/1$A
yy
z {|}~}}|}}
}
|~}|
5#1 / $G=H8A$6%
@!$(/
!!
1!#(!( >1'%!@%%($/!%!9!%/(($ @!
!(6 !
@!%$A !/-(>(!%# $>D;
)= !%$ $(/$>#11!
G=H8
! $!/B
! !#(!
6(- !>$6/!
/69!7/
5>#1 /(($ @!9$
!
B !(($/! !(6 (-)"&/!!N6!
B/6/
(/ %% $($>;3>$$ $6/ >!(!B$/#%BA$6%
!
6! !($/!$-( (-
>$# !1$1$/!
1'%!@%%$6 /@711$?# !%74!N
5>(/ %% $($> !
$6/ >!(!/($ 1 @%!$
$!/($ !
6! !($/!%!9!%/ $%!// (D;
)=
!%$ $(/$>#11!
G=H8 ! $!/B /!$##!(
!
!
!/-(
!(-(!!/1$9
!% !( !($/! !(6 (-)"&/(
$#$9! !1$1$/!
1'%!@%%$6 /! $(% !( !%$ $($$(/6% $(A !0J+(
G,J+/!$##!(
!
5> !>$!#!( $(!
# - $($1 $(/!($ 1$//@%!(
!1$O! A%%9!
1!#(!( #1 / $$61!
G=H8@ B! !
6(-&$O! 9 !/$$9!
!
6 $($> !&$O! B !G 7A%%$( @6 ! $(11$1 !/ !311$9!
# - $(@('A G=H8!
/
" - $(@('!
//$6%
@!16/!
B
11$9!
B$$ !A/!>6%%7!?!6 !
1$ $#1%!#!( (-&$O! !% !
-$6(
/ 6@(- 9 !/
=%%# - $(/ !-!/A%%@!11$9!
@7 !0J+(
G 7
1$ $#1%!#!( $(
715
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( ":;:<
==
>?@ABC>DEFGBHIGJDECECBKLMJLNLJOCHBPCQ
!R$%%$S(-#!/6!/S%%T!#1%!#!( !
$#(#U!#1 / $($(3%/ !
/!(/ 9!/1!!/S(%6
!T6 !($ %# !
$V$/ $(!
%U
W/%9!7
%!-%!//%U
W!
3 #$(
%!/('!W86 %XYZ[\\]^_`a_bc^dXXe]fdghe_i\
1$'! #$6/!W(,!-$'(-$$ W(
,6%U61$'! #$6/!
!#!/6!/
T!%$SS%%!%1 $!
6!
! (
(
! #1 /6/!
T7$(/ 6 $($(
9$6//!(/ 9!/1!!/WR1!/!( W $%!// (/-(R( %!9!%/
jkl6%R!
T$%$-/ S%%$(
6 1!3$(/ 6 $(-!(!%S%
%R!/69!7
R$/!(/ 9!S%
%R!(
1$ !( %(!/ (-/ !//6/$1!(-$6(
W/6T/W
(
T6$S/S ( !%# /$R1$m!
/ 6T(!
!/69!7S%%T!
$(
6 !
%!/ /!9!(
7/1$ $ !$(/! $R/!
6%!
9 !/W/6
/#$T%U $((
/ -(-
5 S%%!(
($#$! ( !!
7/1$ $
9!-! $(W/6T/ !W(
/ 6 6!!#$9%(
$
/ 6T(!
j5R/!(/ 9!/1!!/(
$ 9!(!/ (-/ !/!$T/!9!
6(- !1!3
$(/ 6 $(/69!7$ !7!$T/!9!
(
S%%($ T!#1 !
W1$m!
9 !/#7T!-((
($R6 !# - $(S%%T!!l6!
j5R(7/!(/ 9!S%
%R!/1!!/!
!( R!
S ( !1$m! / !
6(-
!1!3$(/ 6 $(/69!7W !T$%$-/ S%%##!
!%7#1 !!(
($ R7 !11$1 !!/$6!-!(7 $
! !#(!/6 T%!1$ ! $(
#!/6!/(
$# - $(#!/6!/(
$
! !#(!R
$(%/69!7/
$R$6/!
1$ $$%/69!7/!(!!//7
&$m! 9 !/#7T!-(S (
!!$(%7S!($(6!(!/!!9!
R$# !11$1 !!/$6!
-!(7
j5R($/!(/ 9!/1!!/(
$ 9!(!/ (-/ !/!$T/!9!
6(- !1!3
$(/ 6 $(/69!7$ !7!$T/!9!
(
S%%($ T!#1 !
W1$m!
9 !/#7$##!(!(
($R6 !# - $(S%%T!!l6!
j!(/ 9!S%
%R!/1!!/(
$1$ !( %(!/ (-/ !/S%%($ T!
/ 6T!
W
1 6!
W(
%!
$#$9!
==
>n@ABC>DEFGBHIGJDE
BCCNJEo
JBNHBPCQ
$#( ($#1%(!S !")
k(
p/(
q#!r$
!W(
$9$
#1 /$ '!$R#- $7($(3-#!T!!
(-T
/W !(!/ /W7$6(-W(
!--/W
!R$%%$S(-#!/6!/S%%T!#1%!#!( !
!#!/6!/T!%$SS%%!%1 $!
6!
! (
(
! #1 /6/!
T7$(/ 6 $($(#- $7($(3-#!T!!
(-
T
/ $%!// (/-(R( %!9!%/
j&$m! 9 !/ S%%!#$9!$
/ 6T1$ !( %(!/ / !/W/6/$1!(
-$6(
W !!/W/6T/W-//!/W$T6$S/W
6(- !T!!
(-/!/$(S$6%
T!1$ !( %/-(R( #1 R#- $7($(3-#!T!!
(-T
/!
1!/!(
&$m! 9 !/ S%%!#$9!$
/ 6T1$ !( %(!/ / !/S%%
T!/!
6%!
$6 /
! !T!!
(-T
/!/$( $9$
1$ !( %
!
#1 / $#- $7($(3-#!T!!
(-T
/1$ ! !
T7 !")
k(
p/(
q#!r$
!
!T!!
(-T
(!/ (-/!/$(/ 71%%7R$#
716
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
23
4( % 5
6" - !
7!- 8!,!% $( "9:9;
<!=56> $5-!1 !#=!>?=5 (86/%- %6@$#6! $6!? 5/5%%6
!1!(
(-$(A! !$(
$(/
!#$8(-%%16/%@! 5!/
$5%
1$ !( %%6/!8!/(!/ / !/A%%%/$!%1 $1!8!( =
/@$#
(!/ (-A ( !1$B! / !
5(- !=!!
(-/!/$((
5(-
$(/ 5 $( 8 !/
C4@1$B! 8 !/(($ =!8$
!
5(-<!=56> $5-!1 !#=!
>?D5%@!
=$%$-/ A%%$(
5 1!3$(/ 5 $(=!!
(-=
/58!6
@$=!!
(-=
/(
8!(!/ /$1$ !( %(!/ (-/ !/A ( !%# /
$@1$B!
/ 5=(!
!/58!6A%%=!$(
5 !
%!/ /!8!(
6/1$
$ !$(/! $@/!
5%!
8 !/?/5/#$=%E $((
/ -(-
4 A%%
!(
($#$! ( !!
6/1$ $8!-! $(?/5=/ !?(
/ 5 5!
!#$8%(
$
/ 5=(!
C4@($=!!
(-=
/$ 8!(!/ /!$=/!8!
5(- !1!3$(/ 5 $(
/58!6$ !6!$=/!8!
(
A%%($ =!#1 !
?1$B! 8 !/#6
=!-((
($@5 !# - $(A%%=!!D5!
C4@=!!
(-=
! $6$( 8!=
(!/ /%$ !
5(- !1!3
$(/ 5 $(/58!6(
A%%1$ !( %%6=!#1 !
? !/ !A%%=!#11!
$(!(-(!!(-
A(-/(
($3 8 6=5@@!E$(!A%%=!#'!
F@!((-?/ '!/?@%--(-?$(-!/($A@!((-?!
G#(#5#$@::@!! (
%%
! $(/$>::@!! (%%
! $(/@$%/ !
=
/1!!/(
%%1 $/
!=$%$-/ A%%
! !#(! !11$1 !=5@@!/E!=/!
$( ! 61!$@
8 !/1%((!
(! !(!/ (
! 61!$@=
! !
!(!/
$#!=
/1!!/!#$! $%!( ($ !/$@($/!(
8 !/
$5(-(! !(!/
/($3 8 6=5@@!E$(!A%%($ =!
/ 5=!
5( %D5%@!
=$%$-/ /
! !#(!
!(!/ /( 8!? !6$5(-
8!@%!
-!
? !6$5(-!($%$(-!=!(-@!
=6 !1!( /? !6$5(-8!
%!@ !!?$ !6$5(-A%%($%$(-!=!#1 !
=61$B! 8 !/
&!$
#$( $(-=6=$%$-/ A%%=!1!@$#!
$
! !#(!A!(
(!/ (-/$#1%! !
H(! !(!/ (-6%!/@(/!
?1$B! 8 !/#6
=!-(A ( !=5@@!E$(!
C4@%/ !
=
/1!!/!$=/!8!
A ( !1$B! / !
5(- !1!3
$(/ 5 $(/58!6? !=$%$-/ A%%##!
!%6#1 !!(
($ @6
!11$1 !!/$5!-!(6 $
! !#(!/5 =%!1$ ! $(#!/5!/
(
$# - $(#!/5!/(
$
! !#(!@
$(%/58!6/$@$5/!
1$ $$%/58!6/!(!!//6
&$B! 8 !/#6=!-(A ( !!
$(%6A!($(5!(!/!!8!
@$# !11$1 !!/$5!-!(6
C)
/$ ! 8!(!/ /A%%($ =!
/ 5=!
?1 5!
?(
%!
$#$8!
I 8!(!/ /(($ =!!#$8!
$
/ 5=!
J$A!8!?(!/ /(=!!#$8!
$
/ 5=!
@
! !#(!
( 8!=6D5%@!
=$%$-/
KK
LMN OPQRSQTUVQPTWSTXYZ[YQSTS\\]QP^QYW_O]`YTa
VPZP^VbYZKPTVXPQ
&$ $1$B! $(/ 5 $( 8 !/?D5%@!
=$%$-/ A%%1!1!(
$(
5
+$'!c(8$(#!( %IA!(!//&$-#F+cI&G A%%
!/=! !
717
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( ":;:<
=$%$-%$(/ ( /$> !1$?!
@%%1!/$((!%A$A%%A$'A ( !1$?!
/ !A%% !(
!+B@&1$ $1!>$#(-(7A$'
!+B@&A%%(%6
!C=6
($ =!%# !
$ !>$%%$A(-D!/6% /$>1!3$(/ 6 $(/69!7/E
!/1 $($>
/!(/ 9!=$%$-%!/$6!/1$ !( %%71!/!( A ( !1$?! / !E%!-% 1$ ! $(/>>$
!
!/!(/ 9!=$%$-%!/$6!/E)"&/>$1$ ! (-/!(/ 9! =$%$-%!/$6!/F
!
C!/ $(/C9$
(!C1$ ! $(C(
#(#G $(
#!/6!/HE(
9
6%!/1$(/=% !///$ !
A !1$?! E(
C ((-$(
-
(- $!
6!#1 / $=$%$-%!/$6!/
@$(
$(/%%=!1%!
$(
-
(-1!# /!I6(-I6%>!
=$%$-/ $$(
6 ((-/!//$(>$
1$?! 1!/$((!%1$ $-
(-
! ((-/%%(%6
!
!/1 $($> !
/1!!/$>$(!((
/= /C !-!(!%1$9/$(/$> !B(
(-!!
1!!/
@ F@ HC !(!!
$
!! $ !1$9/$(/$> !@ C !1!(% !///$ !
A 9$% (- !1$9/$(/$> !@ C !-!(!%#!/6!/ !=!(- #1%!#!( !
$$(/!9! !/1!!/$>$(!(/ !7!% ! $ !1$?! C( !
!//$6 !/ $ !1$?! / !=$6(
!/A (A !1$?! 9 !/#6/
=!$#1%/!
!1$-#A%%%/$(%6
! !!1$ (-!I6!#!( />
A$'!/!($6( !/!(/ 9!A%
%>!/1!!/F
!
C($ >7(- !=$%$-%#$( $
$ !$(/ 6 $(>$!#(CA$A%% !(($ >7 !=$%$-%#$( $H
((-# !%/A%%=!%(-6-!311$1 !>$%%$(/ 6 $(1!/$((!% 01$(
$#1%! $($> !+B@&CA$'!/A%%/-(>$#/ (- !7 !( !
!
1$-#C6(
!/ (
%%1$ ! $(#!/6!/C(
A%%=
!%% !6%!/$> !
+B@&
@!$
$>%% (!
1!/$((!%A%%=!'!1 A !$(/ 6 $(>$!#(
!1$?! >!%
$(/ 6 $($>>!(
A%%=!#
!9%=%! $(7!/$6!
-!(71!/$((!%
5>(!A$(/ 6 $(1!/$((!%!
!
$ !1$?! % !C !
$(/ 6 $(>$!#(A%%!(/6! (!A1!/$((!%!!9! ((-=!>$! !7 / A$'(-
!=$%$-/ A%%1$9
!A !(
$1!/$> !+B@&(
1$ $/
$> !/!(/ 9!=$%$-%!/$6!/ $ !$(/ 6 $(>$!#(
JJ
KLM
NOPOQNRSPJOTNUOV
@I6%>!
1$?! =$%$-/ /%%#$( $$(/ 6 $( 9 !/>$ ! 6 $($>
!1$?! $!(/6! 1 =%!#!/6!/!=!(-!#1%$7! $9$
(
!( %
/ 6=(!$>= (
/1!!/$>$(!($6 /
! !1$?! >$$ 1(
@=$%$-%#$( $/%%#$( $ 9 !/ !/6% ( !!$9!-! $(!#$9% $#(#G! !%'!%$$
$>(
9! !( #1 / $(!/ (-=
/(
/1!%3/ 6/
A%
%>!/1!!/CA /1!% !( $(-9!( $(71$ ! !
/1!!/$=/!9!
6(-
!1!3$(/ 6 $(=!!
(-=
/69!7/
"$( $(-/%%%/$=!$(
6 !
1!$
%%7
6(-$(/ 6 $( 9 !/ $!(/6!($(!A(!/ /!=6%
6(-(7
9!-! $(!#$9%$=6%
(-
!#$% $( 9 !/=! A!!(W!=67(
@6-6/
<
!=$%$-%#$( $/%%!(/6! %%)"&/C9$
(!C1$ ! $((
# - $(#!/6!/
!/=!
( !!%!9( 1$?! 1!# /(
!1$ /!(
1%!(
!
!!
$
!=$%$-%#$( $/%%9! !6 $ 7 $ !#1$%7% %%$(/ 6 $( 9 !/(
%%($(3!#!-!(7 $(/>/!(/ 9!/1!!/(
$(!/ (-=
/!
!( >!
(
A$6%
=!
! %7>>! !
!#$( $/%%($ >7 !11$1 !
!/$6!-!(7(
$(/6% >(!!
!
5>(!!//7C !=$%$-%#$( $/%%
!%$ ! !(
9
6%$6 /
!$> !A$'!A!! A%%($ =!#!
+$'
718
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
23
4( % 5
6" - !
7!- 8!,!% $( "9:9;
($( (5! !%$ $(< !11%( (
!$(/5% !
!/$5!-!(6
! !#(! ! 8 6=%%($ !/5% (
8!/!!<<! /$( !/1!!/
!11$1 !-!(!//%%>!($ <!
<
!
$(?5!
1$ ! !
/1!!//
%$ !
= ( !1$?! / !
+ !(($ < $(/%%>!#
!= (@
6/$<
!
!(
#!$< !<(
(-$(
!( A<'($=(B(
#5/ (%5
!C%$ $($<
!//D1$ $-1D5/!$<
! A<'($=(BD(
$ !1! (!( (<$# $(
EE
FGH
IJKELMLNIOIMKPQLRKSRIJ
&$?! =$'!=/=%%>!
! !
$5/!)"&/=!!11%>%!
!/!#!/5!/
=%%>!
!( <!
1$ $$(/ 5 $((
($1$ !
( $ !$(/ 5 $(
$1! $(/
4#1%!#!( $($< /$(/!8 $(#!/5!=%%!%1 $8$
D!%#( !$!
5!
#1 / $/!(/ 8!>$%$-%!/$5!/D/5//1!%3/ 5/ !!/ %=% %<!
/1!!/D $%!// (/-(<( %!8!%/
(
)"&/ 11%6 $$(/ 5 $($<
/1$?! D(
!($ ($1$ !
$$ !# - $(#!/5!/1$1$/!
<$
/1$?! D!/<$%%$=/T
U
$#(#V! !#$5( $<
/ 5>(!D !$(/ 5 $(%6
$=(!/D
1'(-!/D/ -(-!/D/ $-!!/D/1$%!/D(
!W51#!( !//
!/=%%>!!/ !
$
!/-( !
!/
$ !!X !( 1$//>%!D
!/-( !
!/=%%$#1/!D!X/ (-
/ 5>!
!/A1'(-%$ /D!//$
/D
-
!
!/D!
B
U + !1$%%5 $((
!$/$($( $%1%(//%%>!
!8!%$1!
(
#1%!#!( !
($
(!= +Y)(
+ZY)!W5!#!( /
U[W51#!( / $-!D<5!%(-D(
/ -(-!//%%>!%$ !
$(51%(
/ !/
= #(#%/'/$<
!
(-!( $1(!/$$ !/!(/ 8!
> /
!/!
!/-( !
!//%%>!%$ !
(/5#((!/ $
1!8!( (65($<<<$#!( !(-/!(/ 8!>
7!!//61!5 $(/
/%%>! '!( $1!8!( !!%!/!$<!#!( $$ ! $X/5>/ (!/( $ /5<!= !/
&$?! 3!% !
/1%%/$<V
$5/# !%//%%>!!1$ !
$11$1 !!( !/D(%5
(->5 ($ %# !
$11%>%!?5/
$(%
6D0\+DY,\+D(
+ZY)D(
/%%>!%!(!
51##!
!%6(
$( #( !
/$%/!#$8!
$11$8!
/1$/%!/
U*!%!/(
!W51#!( =%%>!<!!$<'!
#5
$
!>/1$ $!( !(-
!1$?! / ! $8$
!( $
5 $($<(!=(8/8!=!!
61%( /1!!/
U
!1$?! 1$1$(!( =%%!(/5! $(/ 5 $( 8 !/=%%(%5 !
#!/5!/ $1!8!(
!( %<%%/( $!X8 !
!/
!$(/ 5 $(
!==%%(/1! !X8 !
!/
%6 $
! ! !1!/!(!$< 11!
=%
%<!
]%%
!!1$/ !!13=%%!
!X8 !
!/=%%>!$8!!
= 1
(
! !>!<5(/!
= !/1!#1/$>!/5$5(
!
=
!X%5/$(6<!((-($
! $1!8!( =%
%<!<$#!( !(- !#
+%
%<!
^_`abcadefghgic_agjdgkkl_`mbndijgoodbgabjdm_fgidb_`i_^lgjpqkrgs $/5 >%!> $5 /
!$< !1$?! !D<1$//>%!
719
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
2345
6( % 7
8" - !
9!- :!,!% $( "454;
<<
=>?@ABCBDEDFGHEHIJFKIKFLBMGFIEHNB
!)O$( (/P /Q(/711$ #(8Q%
%R!/1!!/
!S 8$R(
S%!#!( !Q%%%/$#1%!#!( !R$%%$Q(--!(!%:$
(!(
1$ ! $(
#!/7!/ $1$ ! :!-! $((
Q%
%R!T $ !!U !( 1 %V
W9$(3( :!/1!!/ 1!871$($
/1%! -! /1!!/$R$(!(
/$7%
P!1!#(!( %8!#$:!
R$# !/ ! $ !!U !( R!/P%!
WS%!!
$ ##!
($(3( :!T(:/:!:!-! $(Q%%P!
/1$/!
$R(
%!-%#((! (11$:!
/1$/%/ !//$$(/1$//P%! $1!:!(
!-$Q (
!/1!
$RQ!!
/
W
!!#$:%$R( :!:!-! $(/%%P!:$
!
(
#(#X!
$ !
#U#7#!U !( 1 P%!
!#1$8#1 //%%P!! 7(!
$1!3
!U/ (-$( $7/(
!:!-! !
Q 11$1 !( :!/1!!/
W*!%!/(
!Y71#!( Q%%P!R!!$R'!
#7
$
!P/1$ $!( !(-
!1$Z! / ! $:$
!( $
7 $($R(!Q(:/:!Q!!
81%( /1!!/
W
$#(#X!$(/ 7 $(3!% !
#$ % !/$R($ 7(%%8 :!/1!!/
/7/###%/(
/('!/T /!$##!(
!
%%Q$'P!$(
7 !
7(-
8%- $7/
9- #!Q$'[(
7/!$R R%%- (-\Q%%($
P!1!# !
7(%!///1!R%%87 $X!
6R!Y7!
T(- %- (-Q%%P!
! !
Q8R$# !1!/!:!
$1!(/1!!/ $1$ ! /1!!/R$#
! (- %- (-
O%%7((!!//8%- /Q%%P! 7(!
$RR (- $:$
(-Q%
%R!/7/(/! /T#- $8P
/T(
P /
W +%
%R!Q%%($ P!
/ 7P!
T1 7!
T//!
T$(
%!
O(#%(!/ /T
P7$Q/(
!(/Q%%($ P!
/ 7P!
Q $7 1$/7:!8(
7 $X $(R$#Y7%R!
P$%$-/
WS$( $/T/7P$( $/T!#1%$8!!/T(
/ !:/ $/Q%%P!1$P !
R$#R!!
(-Q%
%R!(
$%%! (-1%( /(
Q%
%R!
W
$:$
#1 / $Q%
%R!(
(-1!
$/$R1$ ! !
/1!!/T !
1$Z! 1$1$(!( Q%%(/ 7 !% !$( $%1$-#7/(-$:!! /
!!1 %!/ !
!/-( !
Q$'/ !
!$( !( /Q%%P!1$1!%8
/1$/!
%!/ $(!Q!!'
$7-$7 1$Z! $(/ 7 $(
W +$'Q (Q! !
!//7/1$(
!
/1$P !
7( % !P$%$-%
#$( $
! !#(!/ !!
$!/($ $( (1$ ! !
Q%
%R!T/7/
#1P(/(
/!(/ :!(:! !P !/
BMBKGLFCHFLFNEHNBLDB]<FDFCEDFGH
+ #1%!#!( $($R# - $(#!/7!/
=> $7-
=>?^ !1$1$/!
1$Z! Q$7%
:!%!// (/-(R( #1 /T! !
! %8$ $7-P #$
R $(/T $/1!%3/ 7/
1%( (
Q%
%R!/1!!/
720
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( "4:4;
<= >?@ABCDEFG?HEICDJKEJL@<LCJMCNJAJBKEGLEEOOEIC?MJMPGNFJGNJMDJ<NCJC?G?CDEG LEMLNCNKEMJC@GJAI?QQ@MNCPNBEMCNONEBNMA?IJA?GGERN?MJAFAJMLSF?ANINELS GER@AJCN?ML?G<PCDEJANO?GMNJTEFJGCQEMC?OUNLDJMBJQE?G
UNLDJMB>NABANOE
EGKNIEV
ELLDJMNRMNONIJMCWNCDXNCNRJCN?MMI?GF?GJCEB
!1$Y! / !// 6 !
$(!% 9!%7%!9!%-$6(
Z/$#![ $\(!%!9 !
1% !6Z[ !!
/%$1!//6$6(
(- !1!#! !
*!-! $($(// /$\( 9!(
($(3( 9!((6%-//!/(
\$]/Z/!9!%$(#!( %(
( 9! !!/Z( 9!$/ %/6]$##6( !/Z(
%(
/1!
!/
[ $(#!( %1%( /
!%(
$9! 71!/$]/!9!
[ ( !)^!
!/]!
]!%$[
_!%
/69!7/$(\#!
!% ! 6!!9![\(
(-/$\ !8+5`0_+8 $(%+! %(
/
5(9!( $7a9!(!\! 6!`0_+Z4:44a(
0b6\!+ !/(
+ !/!
/
!/!
/$6!/(
! ! !#(6/$\^9!(
c& / $#
($%%! //6\![ !/\$# !
1$Y! / !`(
Y!( !/a !($6 \%$[ $ !!/ ( $6((#!
(-! \%$[/!/
$[(%%( $ !(d($\! !&'
$[(/ !# $e/ ( $/e!!'Z[Y$(/(" !$
fghhijkhglmnokmnpokkqhrosmtmsushonvwqmxyzsokmznmxkqhghtzghkqhs{gghnk|qho}~okhgxztkqh Y6/
$(%[ !///$ !
[ !1$Y! / !
!-#!( /$\ !6((#!
(-!(
$[(/ !#!//611$ 1(9!-! $( $6%
]!#1 !
/!/6% $\ !1$Y!
JMB?KEGPFEXJFFNMR
!\$6 !!(%(
$9! 71!/ $6( !)^!]!\%7
!/]!
]!%$[
!!!%(
$9!
71!/ !%//\!
//!(/ 9!( 6%$##6( !/( !e%\$(,!1 #!( $\_/(
my}ymthxfx
`e,_+Z4:44a $6$( !1$Y! / ! (
($\\/ !!/[ ( !)^
!!\$!Z !!!( 1 !
#1 / $/!(/ 9!( 6%
$##6( !//!/6% $\$(/ 6 $($\ !1$Y!
721
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
2344
5( % 6
7" - !
8!- 9!,!% $( "4:4;
<=>?
@A
BCCD
DEFC
<GHIJ?KLM?
NK?<O?
B<MM?HPG
QIRRSPT?U
NK?<O?B<MM?H
PGCKIV?NTK?<
DPK?NTWM<NT
NK?<O?
,/ 6X!
;:
2Y:
2Y
,/ 6X!
%!#$(
!X!7/6X4
:Y2
Z2
Z
[$/ %/-!/6X\6(
]]!!( !
^
:::
_$7$`%%$` '! /3$/ %9!$'
`$$
%(
(
]$!/ Y
:::
[$/ %9!$'.$(#!( %\1%( !
^
YZ:
Z:
Z
&!11! !!-$9!/:
;
;
&!11! !!-$9!/.
/ 6X!
%!#$(
!X!7/6X :
;
42;
42 a6%71 6/-$9!/3
/ 6X!
%!#$(
!
X!7/6X ::
bY:
bY
,!9!%$1!
$(#!( %;
b;2
Z;2
Z;
[$7$ !X6//6XZ
Z:
ZZ
,/ 6X!
$7$ !X6//6XZ
2::
[%]$(X6'`! /6XY
b::
,/ 6X!
[%]$(X6'`! /6X2
;4
;
;
_1 !/361%(
#6/
]!%
/:
;
;
DPSTcK=?H
,/ 6X!
%(
$9!$(// /$]!/ 9!6(
!-$(!9$6/
/ 6X(!/(%6
(-
/'(-
(
#$`(-d!/6% (-(/-(]( /$%$#1 $((
$(/!e6!(
$#((!$]((6%-//!/d
]$X/d(
$ !`!!
7/1!!/
_11$f# !%7:
2Y!/$] /%(
$9!`!!#11!
` (
!1$g! !d(
11$f# !%7
b2!/`!!#11!
($]]/ !!/` ( !)_
,/ 6X!
!/$]]!-%7%# !
1$ !( %]$ !!/ X%/#!( $]/1!%3/ 6/1%( /1!!/
/9!-! $($##6( 7/($ $(/
!!
/!(/ 9!X7[,h+\[,h+d4:44^
DPSTcK=?H>?WIG<H?=?KKLSNKc=QijklmnopqrmstumvwKc=><GH>>P<GN?U x!#$(
!X!7/6X/ 71%%7]$6(
$(-!( %! $/ !!1/%$1!/(
$/ %X%6]]/
5( !)_d
%!#$(
!X!7/
$#(( $$3
$#(( (
$6/` [%]$(X6'`! \yz{|}~~
~z
~^d[%]$(/6(]%$`!\
|~~z
~^_11$f# !%72
Z!/$]
/ 6X!
%!#$(
!X!7/6X`!!#11!
` ( !1$g! !d(
11$f# !%7Z
4!/`!!
#11!
($]]/ !!/` ( !)_
/( 6%$##6( 7/$(/
!!
/!(/ 9!\[,h+d
4:44^
I<ST<>S<O?SNKc=QcGHPRR?K?GTP<T?HU
!!(` /%(
$9! 71!`/#11!
$(// /$](!//X%!19 !1$1! 7\)!%%
[$%%($%][%6X^
!!]$!dX$%$-/ /`!!6(X%! $!// /!
/!$(// /$]#f!
$/ %/-!/6X (%6
!/$/ %9!$'(
$ !/1!!/
_11$f# !%7
!/$] /%(
$9! 71!`!!#11!
($]]/ !!/` ( !`!/ !(/!-#!( $] !)_
722
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
2345
6( % 7
8" - !
9!- :!,!% $( "4;45
<<=>=?@AA=?BC@DEFBGHD=IGBA@JF=IE?==KAILKILKM=<FGBNOPQRSQPTRUQVWRTC<XYAILK AA@ILDFHZ[V\][TP^\R_UQRP`=<FGBab==KAILKAA@ILDFc
/%(
$:! 81!/$#d( $($e !"f*g%%(!/hijkljimknjopkm7d%( g%%(!(
qrostrmiuskvnjkiw$!/ x+$$
%(
g%%(!
g11$y# !%8z
!/$e /%(
$:!{/#11!
($ee/ !!/{ ()!%%f$%%(|$%ef%7d}%$ !
( !($ !(1$ $($e !)g
=IGBA@JF=IE
=<LI~FLBIANAILBFKc
g11$y# !%8;
!$e$/ %:!$'.$(#!( %1%( !
$7/$( !1$! / !}(
11$y# !%8
4!$7/( !$ee/ !!/{ ( !!/ !(/!-#!( $e !)g
/%(
$:!/ !!
d8$/ %:!$' {!!1%( !
e$!/ ! 171$/!/
/:!-! $(
$##7( 8/$(/
!!
/!(/ :!f,w+}4;44
FF<B<FF<=JFGNO]R[TUQQVV\VRR_UQR[T`=<FGBab==KAILKF~@HIBX<IA AA@ILDFc
g11$y# !%8
5!$e1!11! !!-$:!/%/ !
("f*/htkrmnjjoosokkvnjkrm3
npnsrjiorw$!/ x+$$
%(
!#39 7%g%%(!&!11! !!$npnsr-$:!/
$7$( !1$! / !
//!#3( 7%%%(!/ !!
d8 !
$#((!$enpnsr
jior}htkrmnjjo$htkrmosokkvnjkrm( ! !!($18/7d/($7(e!7!( %8$ $##$(%8f9&}4;44d
6( !)g} /:!-! $($##7( 8/
$#( !
d8 !($(3( :!
&!7:(1!11! !!(
)%(1!11! !!}{!7!( %8//-(!
%# !
4 (-$(
!f%e$(6(:/:!&%( 6(:!( $8f%6&f}4;;
!7(
!/ $8$e /%(
$:!$(// /$e
($(3( :!:(%%3/!( !
{ %!titkisonjom
/:!-! $($##7( 8/($
$(/
!!
/!(/ :!f,w+}4;44
FF<B<FF<=JFG
K@GBX<YFKAF~=LIKFYF<<>GD<XYNO]R[TUQQVV\VRR_UQR[T`=<FGB ab==KAILKF~@HIBX<IAAA@ILDF
K@GBX<YFK[TRV^\R_UQRPC<XYAILKAA@ILDFc
6( !)g} /:!-! $($##7( 8/
$#( !
d8 !($(3( :!&!7:(1!11! !!(
)%(1!11! !!( !($18}{ ( :!7(
!/ $8$e%!#$(
!d!8/7d
/%(
$:! 81!/$#d( $($e !"f*g%%(!/htkrmnjjoosokkvnjkrm3npnsrjior w$!/ x+$$
%(
!#39 7%g%%(!(
rmkouskvnjki7d%(
g%%(!
g11$y# !%8
5 42!/$e /%(
$:!{!!#11!
( !{!/ !(/!-#!( $e !1$! / !
&!11! !!
-$:!/!($ $(/
!!
/!(/ :!}d7 !7(
!/ $8$e
/ 7d!
%!#$(
!d!8/7d/
$(/
!!
/!(/ :!( 7%$##7( 8f,w+}4;44
XDIA>BXG<=JFGHK@GBX<YFKAF~=LIKFYF<<>GD<XYN[]PQ W[TG b==KAILKF~@HIBX<IA
AA@ILDF
K@GBX<YFK[TRV^\R_UQRPC<XYAILKAA@ILDFc
6( !)g} /:!-! $($##7( 8/
$#( !
d8 !($(3( :!!
-7#(
d%7!-7#( !
($18{ d%'%$7/ }(
( :!7(
!/ $8$e%!#$(
!d!8/7d
/%(
$:! 81!/
$#d( $($e !"f*g%%(!/¡rtijprm/11
3kjirmijkmmki3nkkipmornititki
4f%36&f¢# !
£
!/!/1!!/!(:/:!d7 !!$%$-%#1 /!#($$(/ !{ !%!:!%$ !!{/
($ !($7-(e$# $( $7/ e8-!/$!
!!1$
7 :!d$%$-8(
$ ! d7 !/!/7% (%${ $
#$
! ! !/$e(:/:!(!//
¤$%$-%#1% 7
!(
/ d7 $(!-!(!%%8%# !
}d7 !/!/1!!/#8d!
%$%%81!// !( (
1$d%!#
723
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
2342
5( % 6
7" - !
8!- 9!,!% $( "4:4;
+$$
%(
!#38 6%<%%(!(
=>?@ABCDEFAGHIAJ6K%(
<%%(!L!M/ (-(
/ 6K!
/ !N
<11$M# !%7:
OP!$Q /%(
$9!R/#11!
R ( !1$S! !
TUVUWXYUZ[X\]^_U]`^Wa
,!9!%$1!
!/$Q !(/611$ #(3#
!/ 6 6!//6/$6/!/b/
!R%'/bK6%
(-/b1'/b
(/1$ $((Q/ 6 6!LK
-!/(
6%9! /Nb(
$(#!( %%(
/1(-b$(// (-$Q($(3
( 9!1%( /1!!/b $6/(1'/b-
!(/(
7
/
"11!
!9!%$1!
$(#!( %%(
$9!$( !1$S! / !$(// /$Q !!M/ (-K/!K%%Q!%
b//$ !
6Q(
Q% !/b(
$(#!( % !!/Q$%(
/1(-161$/!/
c(#!( % !!/! $/!1$1- !
Q$!/ !
161$/!/ 71%%7(%(
/1!
!/-(1$S! /
<11$M# !%72
d;!/$Q /%(
$9!R!!
#11!
$( !1$S! / !b(
11$M# !%7P2
2d!/R!!#11!
($QQ/ !!/ $6-$6
!)<
/%(
$9!/($ $(/
!!
/!(/ 9!Le,f+b4:44N
XgX`Uh\ijkjl\ihmnoppqorstusvwvorstk\ihW^]ZWWx^]lUy
5( !)<b /( 6%$##6( 7/ !z!
K7 !
$#((!$Q$7$ !K6/L{J||>JFA@
}AI?IJFA@N(
%/$$( (/e%Q$(/-!K6/L~FCDA@AJ|JIAGHFBA|JN( e%Q$(K6'R!
LFAHEHB?GJ@|A|?IJC?N
<11$M# !%7d
!/$Q$7$ !K6//6KR/#11!
($QQ/ !
!/( !($ !/ !(/!-#!( $Q !)<b(
11$M# !%7:
d!$Q /%(
$9!R/
#11!
R (($ !/ !(1$S! !/!-#!(
^WxX\]x^hilkU^`jl\ihmrs
wotpspwvowk\ihW^]ZWWx^]lUy
5( !)<b /%(
$9!/ !z!
K7 !
$#((!$Qe%Q$(K6'R! (
%/$
$( (/e%Q$(/-!K6/b$7$ !K6/b$/ %9!$'L?DF|?@JEFAGHIAJNb( e%Q$(
/6(Q%$R!LB|DIAJ|JIAGHFBA|JN
<11$M# !%7P
d!/$Qe%Q$(K6'R! /6KR/
#11!
($QQ/ !!/( !!/ !(/!-#!( $Q !)<(
%$(- !!/ !(!M !# 7$Q !
1$S! !
Txj`i\hUZ^WxX\]x^hilkU^`jl\ihmZxj`i\hUZrs
wotpspwvowk\ihW^]Z
WWx^]lUy
5( !)<b /%(
$9!/ !z!
K7 !
$#((!$Qe%Q$(K6'R! (
%/$
$( (/e%Q$(/-!K6/b$7$ !K6/b$/ %9!$'b(
e%Q$(/6(Q%$R!LB|DIAJ
|JIAGHFBA|JN
<11$M# !%7
;!/$Q
/ 6K!
e%Q$(K6'R! /6KR/#11!
%$(-
!!/ !(K$
!$Q !1$S! !
l^lx^Y^`lkUjiYW^]Z_ij`^\ZxUWZjmpopsojjY
k\ihW^]ZU_x]^`i\^WWWx^]lUnrottspo
sroU\h^lUXijU_x^`i\^WWWx^]lUy
5( !)<b /%(
$9!/ !z!
K7 !$3
$#((!$Q($(3( 9!/$ 31$
#6/
b
K%'#6/
b(
9(%%3/!( !
R %!
/%(
$9! 71!/$#K( $($Q !"e*<%%(!/
~|J|AJ/11
3FDAIIDJ/11
3D}CH@}DF?IJDAEJC?6K%(
!#3( 6%<%%(!(
{FJ@@A|J
BAEFJ3DBCJ?FDJL@HI@CACAJIA@DIACDB@A@N!K!$6/!#38 6%<%%(! <11$M# !%7
;
!/$Q1 !/361%(
#6/
Q!%
/R!!#11!
( !!/ !(/!-#!( $Q !1$S!
!
!9!%9!-! $($##6( !/!( 1 !
$K!
! %7#1 !
/!/6% $Q !1$S!
!
)</611$ /%!#$(
!K!7/6K(
$/ %9!$'R$$
%(
bR!/!(/ 9!( 6%
724
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
2345
6( % 7
8" - !
9!- :!,!% $( "4;4<
$##7( !/=>,?+@4;44A
)$ !% ! 7!!:!B=>9,,)@4;44A(
!/7% /$C !
!$((//(!3%!:!%C!%
/7:!8(
! $(!/!(/ :!( 7%$##7( 8@%!#$(
!D!8
/7D=
/ 7D!
/ !A@$7/$( !1$E! / !
!!C$!@$(/ 7 $($C !1$E! B$7%
!/7%
(#1 / $(81(D @$/!(/ :!( 7%$##7( !/ !( C!
(%$%@!-$(%/ !@
$C!
!%1%(/@1$%!/@$!-7% $(/
" - $(C$
! #1 / $11$F# !%8G
H!/$C
/ 7D!
%!#$(
!D!8/7D/1$1$/!
IJKJLMKJNOIPMQRSPQ
IIT
UUVWNJXMOYPZIJOJ[J\MKJNOZMOXP]^MYP[POKN_POQJKJWP`PLPKMKJNON[[ROJKJPQ
$:$
#1 / $( :!:!-! $($##7( !/@a7%C!
D$%$-/ B$7%
!/-( !
b(:$(#!( %%8!(/ :!c!/=bc/A $D!1!/!:!
&$ $%!(-$$(/ 7 $(@-%8
:/D%!D!/=/7/$(-!$(/ 7 $(C!((-AB%%D!(/ %%! $7(
$/ %/-!/7D@
%!#$(
!D!8/7D@$'B$$
%(
@(
1($##7( !/
E!( $ !1$E! C$$ 1( @/
B!%%/$7(
(8 !!/(
/1!%3/ 7/1%( / (D!:$
!
B ( !1$E! C$$ 1( @C
(8
d# !
: !/@/7/C$$ CC@B%%D!%%$B!
B ( !bc/@$ !B/!@C7%%:$
(!
=
!
@($$(/ 7 $( : 8$C(8 81!A/$7%
D!(%7
!
B ( !$(/ 7 $(/1!C $(/
C$ !/!bc/
e!:8!a71#!( @(%7
(-#$ $:!%!/@B%%D!1$D !
B ( !bc/
c%%
$(/ 7 $(!a71#!( /$7%
D!$1! !
(#((!/$/ $1!:!(
!( %
#-! $
(!D81!/!:!
!/
9$/ 7 7!$C(8'(
@$(
!( %/ $-!$C!a71#!( $/711%!/@B%%
D!%%$B!
B ( !/!1$ ! !
f$(!/
6C !bc/(($ D!:$
!
@ !(!1%!#!( C$%$//!/B%%D!!a7!
C$%!#$(
!D!8/7D@
$'B$$
%(
@(
$/ %/-!/7D
!1$1$/!
1$E! /!F1! !
$#1 %%!/$C
%!#$(
!D!8/7D$(/ !
!!C$!@ $# - !C$ !%$//$C11$F# !%8G
H!/$C
%!#$(
!D!8/7D@!1%( (-$C( :!/1!!//#% $1!3!F/ (-$( $(/(
/1!!/
//!#D%-!/ g $/$7%
D!1!C$#!
$(/ !B ( !/%$1!
!!
%(
/1(-
bF#1%!/$C( :!/1!!/$C/#%//!#D%-!/(%7
!g%!#$(
!D!8@>%C$(D7'B! @
$8$ !D7/@D%'/-!=hijklimnjjlonpiA@B !/-!=hijkliiqliriA@%7!%/7#=sijtumijivplriA (
>%C$(/-!D7/
c:$
(!/1%((!
C$ !$'B$$
%(
$' !!/(
$/ %/-!
/7D$(/ !
e$B!:!@C:$
(!/($ 1$//D%!@ !(!1%!#!( C$%$//!/ $$/ %/-!/7D (
$'B$$
%(
(
$( :!$' !!/@B$7%
$7$(g $@$/
!!#!
11$1 !D8
!> 8
PWP^N_JLOJ_JYMOYP_KPSIJKJLMKJNO
6#1%!#!( (-$(/!: $(#!/7!
TUUB$7%
!
7!#1 /$C!#$:%$C !G
H!/$C
%!#$(
!D!8/7D $%!// (/-(C( %!:!%
Yw xNR^XKyP]SNzPYKyMWPMQR{QKMOKJM^MXWPSQPP__PYKNOQKMKPNS_PXPSM^^|]SNKPYKPX }PK^MOXQ~JOY^RXJOLZ{RKONK^J[JKPXKNZ[MSQyZWPSOM^]NN^ZYNMQKM^ZPKY wKySNRLy
XJSPYKSP[NWM^Z_J^^JOLZy|XSN^NLJYM^JOKPSSR]KJNOZNSNKyPS[PMOQ
PQQKyMOJLOJ_JYMOK}JKyIJKJLMKJNOOYNS]NSMKPX
c(7((#!
(-!$7/( !($ !/ /! $($C !)c@
E!( $ !!F/ (-
$-1'
/
(-!/C!
D8/ $#B !-!(! !
$( !1$E! / !(
E!( !/@(%7
(-
c:!(
d& (
>%%!bF !#$@(
/-!
( $/ $#
((%! %$ !
!!/ !(
!#(7/$Cc:!(
d&
// $#
(7(/D!(! !!F/ (-
$-1'(
/-!/( $
725
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
2345
6( % 7
8" - !
9!- :!,!% $( "4;4<
!7((#!
(-!=11$># !%8<2;?!! /$7 !/ $? !(%!
!$7 ?%%$? !/ $#
(
/1$ ! !
@8$'/%$1!1$ ! $(AB&C !!
$? !7((#!
(-!=D
/-!/
( $B/ ( $/B!!'=11$># !%8;
E#%!
$D(/ !#$? !B&A/!!FGHIJK
LMC
!:!% @7 !/
/-!( $ !7((#!
(-!=(%7
(-%$(-!
(-! $-( !/
( !)!%%B$%%((B%!#!( !N$%?B%7@=%$ !
($ $? !)O
B/ ( $/B!!'/ @7 8
$?(" !$B!!'=D
/-!/( $ !&?P!( (" !$&$( =(!
!/ %!/)!
O
$(%%8= !4;QR<;<A
CS/ $?6#1!
+ !T7% 8!-#!( /%/ /B/ ( $/B!!'/
#1!
@8#! %/A/!%!(7#=
#7#C(
1 $-!(/A(
$@ !C=(
(" !$B!!'
@81 $-!(/(
(:/:!/1!!/A+B)4;QC
(" !$B!!'(
B/ ( $/B!!'!D !/$? !0
U !!?$!= !7((#!
(-!#8
@!D !$? !0
7(
! !V7/
$($? !0
O#8B$1/$?W(-(!!/A0OBWC(
!(
,!-$!-$(%+ !T7% 8B$( $%)$
A+TB)C
!7((#!
(-!/D !$? ! !
$?B%?$(AD !$? ! !C7(
! !V7/
$($?@$ !+TB)(
!B%?$(
,!1 #!( $?X/(
+%
%?!=$7 B$/ !-$(AB,X+C
,7! $1$># 8$?1$1$/!
1$V!
: !/ !!>/ (-
$-1'=V7/
$(%
!%(! $(/7:!8D$7%
@!!Y7!
$/! (
1$ !( %#1 /=?(8= $D !/$? !0
(
!
6? !V7/
$(%
!%(! $(
! !#(!/ !1$1$/!
1$V! #8!/7% ( !#1$8$
1!#(!( #1 / $ !7((#!
(-!= !1$V! D%%$@ ( !!Y7!
7 $Z $(/
?$#!%!:( -!(!/[
!
=R2;2B%!(+ !O AB+OC1!# ?$# !0OBW=R2;B+O
(
$+/ !,/-!!Y7!#!( /1!# A+,C?$# !+TB)=( S'!$ !#@!
O% ! $(O-!!#!( ?$#B,X+
\G]GH^]G_`\K^aIJKa
\\L
bcdeIJGafGg]G_`^hiKhG`K^]G_`IJjKk^`fKl_J]
OV7/
$(%
!%(! $(/7:!8/%%@!$(
7 !
@8Y7%?!
@$%$-/ $
! !#(! !
1!/!(!(
!> !( $?1$ !( %?!
!%$/ !D! %(
/=D !/=(
@ / !1$ !( %%8
/7@V! $ !V7/
$(%7 $ 8$? !0
O#8B$1/$?W(-(!!/A0OBWC= !(,!-$
!-$(%+ !T7% 8B$( $%)$
A+TB)C=(
!B%?$(,!1 #!( $?X/(
+%
%?!=
$7 B$/ !-$(AB,X+C
OV7/
$(%
!%(! $(/7:!8/%%@!$(
7 !
@8Y7%?!
@$%$-/ $$(
7
V7/
$(%
!%(! $(//!//#!( $( !1$1! 8 $
! !#(! !1!/!(!(
!> !( $?
1$ !( %D !/$? !0
$ !A(%7
(-@7 ($ %# !
$D! %(
/=!1!#!%(
( !# !(
(-!/=(
//$ !
:!-! $($##7( !/C D$7%
@!/7@V! $ !
V7/
$(%7 $ 8$? !0
O#8B$1/$?W(-(!!/A0OBWCS$/O(-!%!/,/ =(,!-$
!-$(%+ !T7% 8B$( $%)$
A+TB)C=(
!B%?$(,!1 #!( $?X/(
+%
%?!=
$7 B$/ !-$(AB,X+C
726
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
234
5( % 6
7" - !
8!- 9!,!% $( "4:4;
<=>?@A
BC
<D
727
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
2345
6( % 7
8" - !
9!- :!,!% $( "4;4<
01$($#1%! $($= !/7:!8>? !/$= !0
$ !>?$7%
@!#11!
(
!/@!
(
A7/
$(%
!%(! $(!1$ #!! /$!B!!
/ !!1$ / (
/$= !0CDE>F$/
C(-!%!/,/ $==!
!!1$ ?$7%
(%7
!
! !#( $($=1$ !( %#1 / $? !/$=
GHIJKLKMNLGOGIPQRSTUVQRWOXXMSQOGIVYIWIGOGQMRSMZZURQGQIX[GHOG\MUTVNIXUTG]NMZGHIO^^TQSORG_X 1$A! >`7( =8 !!a(!/(
/`7!=!! b$=#1 / $? !/7(
! !A7/
$($=
!-!(8>(
1$:
!%/ $=1!# />7 $c $(/>(
-!!#!( /!`7!
@8 !11%(
=$#!-!(8
!!1$ ?$7%
%/$!$##!(
#1 :$
(!(
$#(#c $(
#!/7!/(
@!/ #(-!#!( 1 !/>(
$#1!(/ $8# - $(>/11%@%!
de fghidjklmngolpjqrjlnslnlthutjvrjqviiwxqjkjklygzlylrjgsvrwrvjqzlnltqdlrj gnyq{nvjgnwsqtkgnxqidiqsltmlpqltgnxqjkltjvuiqtkldrvjqzlnltqdlrjgnyq{nvjgnw xqidiqslpgnnqdgnt|gnqymldljklhtlgsrvjqzlxqidiqslrhntlnwtqjlt}
lttjkvrq{rqsqpvrjymvpj
!!/ !(/!-#!( $= !)C$7/? (D,~+9 7%F(
/1!)%$'?/%-!>
!% :!%8( 7%@ @%$' /711$ /( :!@$
:!/ 8
!)C
$!/($ $:!%1?
D,~+E//!( %D$((! : 8C!/$#%%9 7%C!/
!!q{hnl
D$(/ 7 $((
$1! $($= !1$1$/!
1$A! ?$7%
($ /7@/ ( %%8( !=!!? !
#$:!#!( $=(8( :!!/
!( $#- $8=/$?%
%=!/1!!/$? ( :!!/
!( $
#- $8?%
%=!$
$/
!!/ !(@$7(
8$= !)C( !/! /? !9 7%F(
/1!
)%$' !!/ !(/!-#!( $= !)C
!)C/($ $#1%! !%8$:!%(? /9 7%
F(
/1!)%$'
6(
$(> /9 7%F(
/1!)%$'$:!/!B1(/:!$1!(/1!
$(/ 7 $($= !1$A! ?$7%
$(%8!/7% (#(#%!==! $ !=7( $($= /?%
%=!$
$
7! $ !:/ :%@% 8$=$ !$1!(/1!? ( /9 7%F( /1!)%$'/711$ (-
@$
:!/ 8
F!// (/-(=( #1 ?$7%
$7>(
!!=$!# - $(/($ 1$1$/!
,! #1 / $( :!?%
%=!(7/!8/ !/$==$//$%/1!!/!($ ( 1 !
/!/7% $=
!1$A!
!:!%@7$?/?!!$@/!:!
($==/ !!/? ( !!/ !(/!-#!( $= !)C>
@7 /($ ( 1 !
1$A! : !/?%%#1 (81$ !( %!/
!( 1$17% $(/$=
=$//$%/1!!/ #87 %c! !/!@7$?/
9$=$//$%/1!!/?!!$@/!:!
7(- !=!%
/7:!8
728
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
! &-!2
2345( % 6
7" - !
8!- 9!,!% $( "4:4;
<=>?@A
BC
D<EE
D
<D
729
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!
!"#$%&'()"*+&+",-$.+&/.&'0,1$"+0$("$.+.2")")%.,0,+2()"&+&.,34."$"3.+0$ )2"#)+252#+'020&)()2)60&.",("$.+1")")%.,0,+7
8229'0,:.3,.-.+0,&/.&';.&.30&.",<,+")(")0&%
=>?@ABCDEFGHIJ@GIEBIJKLGMLINOF@KPGQJCIRRJA?EBGIL?IESAB>AQB>?HABCDET?EAMQIB?THGIEBIJUGQ?V WXY
Z
[
Z
\
]
^
^
[
Z_`
ZaZ
b`
^
`Z
`cc
ZZ
] defgW
a
Za
Z
h
Z
^
ZZ
i
Z
Wai
Zj
ca[
`c
a`
W
k]`a
kle]
kle
mnonpqrsqotuvqwxoyzn{|xpn}no~uW
Z
XZ]Z
a
c
Zh
Z
^
Zaj
c
Z^ah
aa
b`
^
`c
] ddlgWZj
c
Z^
ZZZh[b<
g
]jZ
Z^c
^Z
a
Zchc
^XZ]Z]
Wac
cZZ]Za`
f]
ZZZh[b<
g
Z`
a
Z]
ai
[
^
[
a
Z
Z
Wai
Z
^
[
a
Z
Z
;.&.30&.",;02#)2
;;<
,)0$80,%2+0(.,3#.),&20,%9)($0+,&;02#)2 W^[
Za
j
c
Z^
[ac
cac
Z
Z
ac
[
Za
cac
Z
[aa
ai
sxxoyrqo~q~npxqrusqotuvqwxoyuqrrvouxu~wpx}qpxrtp|y~~rnpqo~ rxxoywrqo~}q~npxqrqptuvqwnx}wpn}no~uuqrro~nv|o~nt~qpt |rxrrxoy~npn{|xpntrqotuvqwn
qrxpoxqq~xnwnvxnuqrxpoxqq~xnwrqo~uwnvxnuuqrrnwrqo~ntxoq~rnqu~ ¡wnpvno~pn{|xpntrqotuvqwntqpnqu
¢ppxyq~xou~n}urrrqotuvqwxoypoopnuxtno~xqr£}x¤nt¥|un£qot}|r~x¥q}xr pnuxtno~xqrwp¦nv~uuqrrqnq|~}q~xvxppxyq~xouu~n}u§|wrn¤nuqotuxoyrn¥ q}xrpnuxtno~xqrwp¦nv~uonnto~qnq|~}q~xvxppxyq~xouu~n}u£|~uqrr qnqwnp}qono~}nqouxppxyq~xoyrqotuvqwxoyswpnvxwx~q~xoqottpxw¥~wn uu~n}uqpnnov|pqynt
§¨~xrx~xnu¨~xrx~xnu}qvv|px~xopn{|xpntrqotuvqwntqpnqu£|~orx |otnpyp|ot|~xrx~xnuxrro~wpnvr|tnqwwpwpxq~nwrqo~xoy~pnnu£qot~n|~xrx~ qvxrx~xnuqpnuvpnnontp}w|rxvxn
730
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!
&-!2
234
5( % 6
7" - !
8!- 9!,!% $(
"4:4;
<=>?@ABACD@EFDEGAH@?GECE?IJKLMMNOOMP=JK?QMRLIPO@?GECE?I?SDKECFKLODA@F?ISMEFD TEDKLIP?DKA@O@?GECE?IC?SDKECDEDMA?@LIPLR?ODARCOAFESEF?@>LCDA@HMLICUDKA V?@A@ACD@EFDEGA@AWQE@AVAIDCCKLMMLOOMP=X
5(
$(YZ 7&$%786#[!;:343\]^_`abcdefgheeijkhl`em`_ldndf ofp_d_i`hn`_ld]nqqlcirlh`sehepltnqlr^_`a3$u(!
!!/
v$
(- $Z 7
w
((!xY!1%!#!( !!/#6/ [!#(#6#$yx3-%%$(/z!
{|{}~{
{
~
+ #1%!#!( $($y# - $(#!/6!
Y !1$1$/!
1$! u$6%
9!%!// (
/-(y( #1 /Y! !
! %7$ $6-[ #$
y $(/Y $/1!%3/ 6/1%( (
u%
%y!/1!!/
~}
{~|~~~
{
~{|
~}
}
~
~{|
~}~~
{~|{}~}{~}~
{
~{|
~}
~
!Z 7$y(Z%!#!( !/%$ !
u ( !w(-!Z$6( 7$6 !(6[!-$([
Z$(/!9 $(&%(Z&Y!/ [%/!
(4::Y $6-//6(!$y)$%$-%w1($()wY
$ !u/!'($u(/(5(
!( %
'!&!# 5
&Y
#(/ !!
[7 !0+0+Y4::
!1$! / !
$!/$9!%1 !Z&Y$u!9! !Z 7$y(Z%!#!( !/($ /-( $7$ 1!# !! $ !Z&
!
!9!%$1#!( $y !/ !u$6%
($ yy! Y$$(y% u Y#1%!#!( $($y !w(-!Z$6( 7 $6 !(6[!-$(Z&
8$$ !%$%$!3u
!1!/!9 $($$(/!9 $(1%(/$1$%!/
11%[%! $ !/6[! / !
!!y$!Y($# - $(/!6!
731
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 1 23
4'$
56!, 7 ,8 + $#' !9:9;
<=><?@=ABC<?DAB
EC<=F>GAH?CIAD>J
KC>AL>M@==N
MOLMPMD@L>
QH@D>
ABB>G@L
MOLMPMD@L>
QH@D>RM>G
SM>MO@>MCL
LDC?HC?@>AF
ABB>G@L
MOLMPMD@L>
QH@D>
C
QH@D>
TU5. .5V.'$8 . ', '
.,'W' #W.#$
.#5 05.5'#X2:Y1
2Z
[
VTU5. .5V.'$8 . ', '
.,'W' #W' #$#,$
.#5 05.5'#X2:Y1
2Z
[
T+.5V'65"' "'.\'$5',
#. ' #5. #WW#"$
" .Z
[
]^_`abcde`^_a`bfgdachijdkbjlmngdnacgokj`napkj]^qk^d`aiokr`adstcdktupd`vkawxsyzyy{jkk |00 '}+T\0 0 W#
' ! "#$%&'(#')#'*$$+#,%&
%#~ \U6#W
'U$ " ' .V ''$5 '.. #'
SA>GCFC=CON
|5$5$ .#5 .'8 '#6.#'5 W# 0#~ . #'#V 1\9:99V6! ,' +#5&&.\| #$#,$
''\MO<?A
T
'8 '#6'$5
U$W#'.# .#5 .4'8 '#6
6. "U4
T #.'$ 5 .
#5
U '$U#.$4'W#"#'U '
UU4UTU$W#'
/'8 .6\5$$ #'
+5 #U)4+3
0' "0###$.
UU4U.WW #&',5' \ . $6'0# ..',
#. 00#'" '
|#'$$6\ 5 .." # 78 |" ' ,
U#""..#'7|UT##'5. #W
'.$
TW#0# '$#'$
5$5$0#0 .. $$.#0#8 $.#W$#$78 |" 'V$#,'#'.##'
7|U 5 .." #'5' :\9:99\' 0$6. 8 #'5$69:\9:99$ . . '#'5$699\9:99# V .$. V67|U\'W#$$#350 $ 0#' $$. #'5 W#$$#',#'$5.#'#W ;:36 .0#'. 0 ##'#V \9:99 |0 .'W $.58 6
#W 0#~ . .#'5 #'
0 "V :\9:99
MB>MLOCLFM>MCLB
|.'# \5$5$ .#5 . #..
UU4U\ $#$U$W#'.#$ .#5 .
4'W#"#'
6. "W$6\.#'5 #V 1\9:99
7#0 .##.#5$5$
.#5 . .8 V '0 8#5.$6 # ' 0#~ . V#5'6 ' 0#.58 6
'$5 0#~ 0 $\' ,8 .5$.W# ""
#'1
'
V$ .
1 3'
V$ 1
39'|00 '}+T
0 .'W $.58 65' & 'W#.0#~ .
' ,8 W#0 .##.#5$5$ .#5 ..
#'1
;'|00 '}+T
732
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 1 234
5'$
67!, 8 ,9 + $#' !4:4;
<=>?@A
BC
DEDFGD
733
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 1 234
5'$
67!, 8 ,9 + $#' !:;:4
<=>?@AB?CDEFE
?G HIJCKALM>NIOM@A@?JEM?EJPEA?BAF?C?KQMNEM@L?BRMFBALMEFRBFSF@?B@MIS? LFEAINF@?CNMEIJN@M>JNEJ?BAAITU
VW
X
I=>?@A
Y.#$ .#6 . Z' '[2;\1
2]^]4^#Z _`abcdefgheigj.'7#kl mk6$',m
.66 m. m m0$ m #m#"'6.0 "' #k .#$$7.,'Z'# .,'Z'' 6$m ',' ',m. 'Zm #'#"m,6$6$m 6#'$m.#$m 0#$$m"$7m#6$6$''$.#Zn$Z#'
o.#$ .#6 . Z6 Z' .k ',
..# p.,'Z' 9 '.m"0#'0 .#'.m#.'9 ..#Z70 m0 # #" ##Z#'.6#'q 0 . '', p#&#Z'"0#' 9 '96$q#0#.. ..', ,.9$6 .
.#6 .$. '# "' $,k$ Z# n$Z#' ,. m'$6 ' $#$ ,. m# 'Z ..,'Z''.# .#6 .69 7 $.##'. . .#$ .#6 .6' nrsY
"$$7m 8#'$ ,. ]#'' 'n# #Zt $ ,6$#'. $ 4\[\;
1^
6. # 9$6 .#6 .p '#"0$7',p[;\#Z 8#'$o.#% . 9#'Y
0 Z$$7m 8#'$ ,. . $,k$ .#6 .#"0. ..m. .m k6$',.m.66 .m'#kl .0#.. ..' ,7#Z$##'m .,'m. ',m" $.m p#&"'.0mZ $',m'..##'m']^ ..# p 9 '.9 " .,'Z'#'k6#'# k#0 '.#Z#6.#7q#]k^ ..# p $9 . #Z0 .#'..,'Z''#60.q#]^ "k#7 .'9 ..#Z70 m0 #m #" ##Z#'.6#'m#0#.. ..,.9$6 .m# 0 . '.,'Z' .',6.k$ '7p#. #"0#' '."7$&'96$.'#'q#]^9 7 $ # "7k $& $7#7 $m'Z#"#'"0#'#.#7#0 .#7
Y.6k.'$9 . ', ' .,'Z' #Z'.#$ .#6 m. .6$#Z0#l # 9 $#0" 'm.#'. .,'Z'"0#' '9#'" '
6k.'$9 . ', .
Z' .07.$ "#$#'m $##'m#$ #'#Z .#6 #."" .6#6'',. .6 .,'Z' #Z .#$ .#6 p#6$k " $$7"0 + "0.
#. 6. .6k.'$9 . 07.$', #.#0#0 7 5' "0. #.
6. .6k.'$9 . ', # "" .6#6'',.#Z.#0#0 7m.6 .,'Z' #Z.#$ .#6 p#6$k " $$7"0
'#.#6$6$ .#6 . # p' 0#l k#6'7
0 .'
.69 7p.' ,9 Z#0 .#'.#6$6$ .#6 .
u '.9 0#,',
#6,#6 0&p#6$0 $6 0 . ' #Z'70# '$0.6$6$ .#6 .6'$ .. 7 p .6 9 7 0' ,#6'm70 #Z. '#Z#6''0#.69 7.' ""
*.9 7$#p0# '$Z# 0 . ' #Z6$6$ .#6 .m p#6$k '#"0#' .#$ .#6 .k7.0#l
734
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 1 231
4'$
56!, 7 ,8 + $#' !9:9;
<= >?@ABCDEFG?HEICIJ@KEJK@<KCJLCMJAJBNEGKEIDJLOEMLCDEKMOLMPMIJLIE?PJL JGIDJE?A?OMIJAGEK?@GIEF@GK@JLCC?QR
ST
U
EKKCDJLMOLMPMIJLCVFJICWMCDXMCMOJCM?LLI?GF?GJCEB
Y' #$#,$ .#5 . Z' '[2:\1
2]^#Z _`aYb5 $' ... c #0$
"' #d .#$$6.,'Z'. Z' '[2:\1]^#Z _`aYb5 $' .c#. 5'e5 #$#,$ .#5 Z' '[9:f;
9#Z %5d$ .#5 ._# .'Zc
#dg c#. #''.'Z#"#'' #'.h "0#'. 'Z . e5 .#'.#Z 05d$' .#..0 $'05$e5$6.5.d ', #$ .#d . i"0$ #Z .60 c#. $6..# h. 'Z$$63 #,'j "0#'0 .##.# 8 '#0 .#'
0..',5$5. #Z 0#g . Z#$ ,j',.5,, ..#,'$,#5'#' 0#g . d '"'"$$6.5d
k#h 8 ch i '.8 ,',#Z ' 0&##&
0$ 5',.'$ 8 $#0" 'c .'#'8 .5Z .#$ "'',
5$5$ .#5 .
'8 .,#'#'5 d6/$
6. ".ch'$5 _k4
#.. #Z 0#g .
'd5ZZ j#' c. #Z
lmd6 7Yk_c'0 .'Z $.58 6c.5,, .. .$#h 0# '$Z#5'.5d 5'e5 #$#,$ .#5 . i.',#' 0#g .
(. #'
__4_5$5$ .#5 . #.. ch. "' '#0 .# #.#5$5$ .#5 0 8#5.$6 # h' 0#g . d#5'6 *'
$Z3"$ d5ZZ j#' c 8 d 'Z#5 # .#5 .c$$#Z "0 .#
d$ 1
3'FFELBMnoRZ#.5""6#Z . .#5 .
*' $Z3"$ d5ZZ j#' c 8 d 'Z#50 .#5$5$ .#5 . .#''', 8#5.e5' .#Z$Z.p_Y3qY31.'.#$ #'.. #Z.',$ Z$& '0 dd$ #00 $# 00#i" $6\1Z # .#5#Z 0#g ]%0 $ f^rqY31
#'...#ZZ#5Z$& ##$.'.ih. Z$& .c$$#Zd.$c$# 00#i" $6fZ # '#h .#Z 0#g d#5'6]+#5,$.'%0 f^rqY3h.."$$"0#'..', #Z d.$Z$& # .cfd.$'6#$ Z$& .c#' d.$'6#$ Z$& ##$c' #' 6#$ # ##$c$# 00#i" $69c92Z # .#5h .#Z 0#g d#5'6 ]+#5,$.^r'qY3ffh.."$$h#&"0#'..',#Z"'#Z," 'c"" .#' cZ$& # 'Z$& ##$d#" #Zd.$c'd.$'6#$ Z$& .c$# 00#i" $6cf:1Z .#5h .#Z 0#g d#5'6]+#5,$.d^ Y$$Z#5#Z . . .
8 .' d ' .#6 #5, . '$'#"" $ 8 $#0" 'c',#$Z#5. $'.0',c
Y.'# c7Yk_
lm. h.#'5 #''h'$Z3"$ d5ZZ #5' 0#g .
7Yk_$ #Zs5$69:c9:99h.' ,8 Z# 0 . ' #Z#'$5$5$0#0 6h' .
i ' 0 . '8 .#Z78 Y" 'd .h #' e5 .', 0$6Z 68 &'#h$ , #Z5$5$ .#5 .' 6h. #. '.&',Z 6 '6e5 .#'.##' '. ,', 0#g
. d .'$5 p
ts5' u#('#Z!..#'4''.-
Yg " '7#'3( $ .
ts5' u#('#Z!..#'4''.
]
s#'.#'^
t% ',('#Z!..#'4''.
tls#$$('#Zl5. u#4''.
t%$('#Z!..#'4''.
t%5"('#Zl5. u#4''.-%5"vw5"
. 8#'
t
#d#d('#Zl5. u#4''.
735
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 1 232
4'$
56!, 7 ,8 + $#' !9:9;
<=5' >#('#?!..#'4''.
@A " '7#'B1@CD5 #E
<
'#.('#?!..#'
4''.
<'#'('#?D5. >#4''.
<
'D5. 6('#?!..#'4''.
F.#' .0#'. # #5 #'.#?G .
@' "$ .0#'. F. 8 ?#"
+ ' '% $#'HI5$5$ .#5 .+ 0" 'I##'#?# '#'('#?D5. >#4''. #'=5$69H9:99H'', G .'#'?#"#'#0#8 '.& F #' G .$#. # 0#A
J#$$#F',50#' '$$ ' "$#'.H $ 0#' $$.F #'5 #'K#G H 9:99H##"0$ #5 0# ..
. $$.F # 1G$#'.C L$5',
'#'('#?D5. >#4''.#'.EF#'#$ 6 .0#' #/$
6. ".M"$',
' "$
7' $ 0#' $$.F 0$ F'#'.F '" .., .F $ ? .G', 0#A ' N5 .', .0#'.
. F #
#'=#'.#'HI0 .#'#? =5' >#('
#?!..#'4''.O!.( $ .HI0 .#'#? =5' >#('#?!..#'4''.@A " ' 7#'O=#6 % 6H
G$!', #? =5' >#('#?!..#'4''.@A " '7#'OP D5 #HI0 .#'#? =5' >#('#?!..#'4''.@A " '7#'B1@O7#" I#' .HI0 .#'#? D=#$$('#?D5. '#4''.O
.Q5, 'H
G$P.#
% . 8#'K?? #? %$('#?!..#'4''.O
" @,5$HI0 .#'#? %5"
('#?D5. >#4''.O!&!#HI0 .#'#? % ',('#?!..#'4''.O' D#8' ' H
G$I#?
'#.('#?I5$$4''.
4'$$#
G$I#5'$
#?
'D5. 6('#?!..#'4''. F.'#'.F H''#G$6#$ 8 " ..,
+5', $ 0#' $$.#?K#G H9:99H=#. 0K'8 #.#? I5$5$ .#5 + 0" '?#
#G#G('#?D5. >#' G F#5$ ? #G .$#. # 0#A
%5$!#HI5$5$ .#5 .I##'#?# % ',('#?4''. ' 6F$$G ? ','6#"" '.#=#6 % 6CF =5' >#('#?!..#' 4''.-@A " '7#'E
!
%5$!##? % ',('#?4''.$.#'
G &'#F.#?F#C0 .#E. .H#' G#51B6.# '# .'#' 92:6.# .#5 .#? 0#A O G $ 8 . F#5$G ,0#GG$65$5$ " $F$$G '#5'
8 G ''#?5 .0#'. .# C. #' #G$ 'RRSTUVWXRHYYWXZ[\]^E
@.'# H0 .'? $.58 6#? 0#A . F.#'5 #' 0 "G :H9:99
+5 #
5 ''5 #? #0#,06#? 0&' ?$ . H.58 6#? ,#5'.5? F.#'5 ''#00#5'."''
!#.#? ?$ #? 0&.& '50G6'.0$
0&',$#CF . '$EH#' .& G#?$6C'#F .EH. #'60&',$#F 5$6.55 C'#EH#,0 F,..'#5##.55 .C'# .EH '$ 8 F6C'#EH'$, 5$G. G$$? $F?#5"#'.#8 'F $$3"'' $F'' #"0#. ,' C+QE
/
Q
#0#,0"0..#F 0&#G .5 'FG '' #8 G6, $' . 'F#"A#8' .5''',#I.'#.I'6#'# .HF $ 8#'.',',?#"__:
? # F .#1::? # '# .
0&$'.'#F, ?$#5,. '$H
'#F .'.#5 '. #'.H#8 ',00#L" $6:0 '#? 0#A .
"'',.5? #'...#?. 0.$#0 .G# ', ?$, .$#', F . 'H . ' '.#5 ' , .#? 0&O . .$#0 .8 $.#G ', F#`#'$5.#"'"` #.#'
. .$#0 ..5#5'', . 8 $0&?$ .8 G '$'.0 F8 6#? 736
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 1 234
5'$
67!, 8 ,9 + $#' !:;:<
#'" '$'=$>#''9 .'.6?. .0 $$7.6#6'', '$?. ?$$> $@ .& ?#>$7@?#0&', .@'$#',A9 'B%#' '# '?#6'7
, '$ $'.0 .$#0 ..6#6'', .& ?#>$7@ ?. ?$$> $$ @' $#C 0&', @C C$& #9
.$#0 .$#',. "'9 C7#>>#>A9 'B
%@'$#',A9 'B%. $>@C #?. 9 ?7C$&',$#', ?.
?. ?$$> $
$ C.C$& #..' ' .6> C.. '#? #9 C +D#?7C $$3 "'' $C'E #,0& C.$.#. '#? #9 ?7$C',..@C'#'9 .#$ 9.?$
#'$7.6> C9.?$ ,#6'C.>$ C .'F '# .& ?# >$7@CC.C$& ';3" '. .# ' .C .
.#6 '#> 0&,#6'..#0 ''>$'"6#>.6. ># G60" '.#, '9 $ 0&',E. C.C$& #9
.'C .?#6'7.$#0 . 6#12H
',$ '.# 7C#6$? 6'$& $7##''6$6$ .#6 . 8#' $ ... 9 $'. .
C #'6 9 $$760'#C'?#.$#0 .
5..6,, . .'##,'$.6> .#$ "'',#' 0&$'.'"6#> 6 ',#6'.6> . 0 . ' ?7 I0#. 0 , #$#,$.#$.6" A$.#@"6#>
6 '.6> . #9 ?7.0$'.66 .@#?7$'.0',
.6$#> 0 .'.69 7C.' ,9 >#?#0 .#. .'.#$ . (. #'
.69 7 .6$.@'#"?'#'C #?. 9 #'. ?$ .6?' # '6$#0#,07 #> 0#F 0 $' ' ,9 >'',.#> =J5
#.. >#6$6$ .#6 .. .
#' 0#0 7@. ># "' .$#C0# '$># 0 . ' #>6$6$ " $ 0#F . '0 .#6$6$ .#6 .C#6$'#? 9 . $7>> ?7 .6?.6> #'.6#'C#&># 0#F
J#C 9 @ .$C7. 0# '$>6 ,',' '',9 .C#6$6. ' C .6?.6> .6?' '"7 .6$' 6''0 .#9 7#>0 .#'#.# #$#,$ .#6 .
6.@!,#'! .6
KL..6,, .
MNONPQONRSMTQUVWT
MM
KL5> #$#,$ .#6 . .#9 6',#'.6#'9 .@ #'#C$$$#'.6#'9 .' "" ''#>7 =7 #>
'=$ " '
0#F 00$'.$$ '' #$#,.C#" .
XYZ[Y\][^_`\aYbc\Y[d_[efg[_`Yffd_c]hij]hd`dZ]\d_cfX\]ck][kf`_[l[Za]Y_h_m^na_ C$$? '#> '>># ' ..7" # #9 @'$7o @'6 >'p.q
G6$> #$#,.C$$ #"" ' I '#> #$#,$ "#'#',' ..7# '.6 0# #'#>'7# .#6 ."7? '
A'7 '> 6$6$ .#6 ..$$? # #' 00#0 +% 2:<pA3Bq>#"'>$ C r. '5'>#"#'= '
=#'.6#'9 .
"7#''6 #'# 0.#> 0#F . C$ 9$6#'' " '#> 0 .# #$#,$ .#6 .& .0$
TsTtRuNPSNuNvQSvTuOTWMNONPQONRS
*"0$ " '#'#>!,#'! .6
KL?#9 @ 0#F C#6$ .6$'$ ..'
.,'>'"0.# #$#,$ .#6 .
737
! "#$%&'(#')#'*$$+#,%&-!. %$'/0 %, 1 23
4'$
56!, 7 ,8 + $#' !9:9;
<= >?@ABCDEFG?HE<CBIJC@GKLMND@OLMGEOLIMJPIM<A@BIMQCD?JEIMCEGGEB?@CJIBE?R R?GOLA<EOECEGIEJS
EJJCDLMIQMIRI<LMCOFL<CTICDUICIQLCI?MM<?GF?GLCEB
V.0 8#5.$6.5.. 'E<CI?M
K=W#8 P 0#X Y#5$W W5$#'#'. W$6
.5W $'.' '.8 $6, '.'.5W5W' 7#5"' "'.8 W '
0 8#5.$6 'Z # # #'.
0#X 0#0#. .,',' '',8 .Z# '.$$#'#Z'Z.55 '$5', Y [. Y ['5$6$' .Z#0#0#. .##"Z$ .[0&',$#.[#8 $##&.'..
\',' '',Y#5$'8#$8 ' Y.5W.5Z .5W' '#5$ .5$' 5''0 .#8 6#Z5'&'#Y'5"' "'.['$5',#. ' #5. #ZZ#"$ " .
4' 5'$& $6 8 '#Z'5' ]0 .#8 6["0$ " '#'#Z",#' " .5
^_Y#5$ '.5 "0. $ # '$.#8 6#Z5"' "'.
Y#5$W $ ..'.,'Z'
`$Z#'a $'
Z 6`# b:2:
2.0 Z . 0# 5 .#Z#$$#Y5', 5'$& $6
.#8 6#Z5"' "'.
`cdVb2:e1
2 .W . "'', .,'Z' #Z"0.#'
#$#,$'.#$ .#5 .
`$Z#'%5W$ .#5 .`# b2:
f.05$ .
'#Z#'0# ..5', .#8 6#Z78 V" '5"' "'.[ . ''.[ .0#.#'#Z5"' "'.['..# ,8 ,##.
UICIQLCI?MUELJ@GE
UU
^_4Z5"' "'. '#5' 5', ]8#'...# Y.0#X [ $$Y#&Y$$.#0Y';:3Z##5.#Z .#8 6' g', `#5'6 `##' Y$$W '#Z hb2:
f#Z %5W$ .#5 .`# i
`##' Y$$
"' Y "'. '5"'#,'##$ 78 V" ' ' .6
4Z ##' [Y #Z .50 8.', #$#,.[ "' . "'. 0 .#[ 6Y$$#' 7Va`
7Va`Y$$W .0#'.W$
Z# .,'', !#.j& $6+ . ''h!j+i
!j+h ''85$#
.#" " .#"" iY$$W .0#'.W$ Z# 5$" .0#.#'#Z "'.[. k5 W6b:2:
2#Z `$Z#'a $'
Z 6`#
!j+
Y$$"& #"" '#'.Y'91#5.#Z '#Z#'W6 7Va`
.
#"" '#'."6'$5 . 'Z "#8$''#' .58 '$6..#Z 5"' "'.' "...# Y78 V" 'W5$.hb:2:
2#Z
a $'
Z 6`# i
ElEA?RIQMIRI<LM<ERCEGUICIQLCI?M
* ' #00$W$ # .' ,5$#'.0# ',5$5$ .#5 .'Y "0$ " '#'#Z!,#'! .5 UU
^_W#8 [ 0#0#. 0#X Y#5$ .5$'$ ..
'.,'Z'"0.#5"' "'.
738
!"#$%&'"&("&)##*"+$%, -
$#&./
$+0
12
3&
#
45
+
6+
7*#
"& 898:
;<=>?
@ABCDEF<G=AH<IEJ
KAE<;ELMCC?
L>;LNLIM;E
OGMIE
P<QQEFM;
L>;LNLIM;E
OGMIERLEF
SLEL>MELA;
;IA=GA=ME<D
P<QQEFM;
L>;LNLIM;E
OGMIE
A
OGMIE
T-4#
&/"
&
##5-+&U&
&7"&!&
#!/
4
"V-
U4#W
&UU&
W"4&&--5
"&-4!/
"&"U&+5-"4-W
4&+/"X
"&-
4
"&"
"/
"&Y
Z
[T\"&U#
V
""[-
4
-
"
#"#/#&U"&V[#&+5"
&+5UU&5Y
Z
>] @ABCDEF<G=AH<IE=<QBCEL;GAE<;ELMCC?QL>;LNLIM;E<;^L=A;O<;EMCLOGMIEDB<EA RMQE<NBC_L;<NNLIL<;E_A=B;;<I<QQM=?IA;QBOGELA;AN<;<=>?=<QAB=I<Q_DB=L;> G=AH<IEIA;QE=BIELA;A=AG<=MELA;`
P<QQEFM;L>;LNLIM;EOGMIE
abbcdefghicjklamnfeopfgoqrstsuvwuxeyz{nqoqc|gcgdogo}~podoqcndboqendfghiofgfif~p~ge "&
&4/--"U
/"X
!5[7-[#-&#+"!!
!&
"U-4-"4-
!%-!"7#"&"&4-
U
4&#%#5
$!5!/
-&W/
4##5W-"&5!/
-
-4-+V5!/"7!&
/"7---
"/7"4-#5&--[#T+&##5
"!!
U4
4+&
"&-
"-!#4--
#-"W7-[#!+&-4#
U"!&7"&!&
#
&
---"
V
/"X
3
7[#"!!
!&
-"U-"4--"4#[7#4
ic~qqndoi~iqnbbnddogibcgqnifcgfq
nqif|foewodo|cdoziondcqoc|ifq~g~pqfqfqic
&
U5&5-+&U&
7-[#&7"&!&
#UU
-"U/"X
!/#!&
"&
&&"
[
7"
A;QE=BIELA;OGMIE;MC?QLQ
U"##"V&+U"!-&!-4-"U&+5&
/
"[/&4&+/"X
"&-
4
"&
*-#U4#U""UU2"4/!&
+##"&-T
#
5 "#7V
U"4-&4-
"&
"#%#"V
2"4-%)T
"
"7#U4#U"V"%"!!4
&+W!
#-#75&V-
-/"-#+##"&-T
=M;QGA=EMELA;;<=>?
$"X
"&-
4
"&V"4#"&-4!&+5&
U"!"U/
"#4!2[-U4#---"
V
4-"U"UU""&-
4
"&7#-&4/!&
"&
/"X
-
W"&-
4
"&V"%-
7#
"&U"!
/"X
-
WK&4#
4%
/-4#&+-"#V-
U"!&+
[4#&+!
#-
"
/"X
-
739
!"#$%&'"&("&)##*"+$%, -
$#&./
$+0
123
4&
#
56
+
7+
8*#
"& 393:
*5&+/";
"&-
5
"&<
5%-&"&-
5
"&=5/!&
>"5#?=5
""!/#6>
@'A-&
2#&++5#
"&-
@'A-4&2.-BCC2"*-#D5#D#
-+5#
"&>"5##-"
//#6E@'<391F
(#-8&
""C"!
/";
-
E#86
5%-<"&-
5
"&!/#"6
8#-<
F-5?;
"C5#CC&6-
&--
?#-?6
C#+"8&!&
C"</";
"&-
5
"&
8
-+&+C5#5->"5#&"
-5#
&>-
C5#<&CC&
<
"5&&--65-"C&+6
GHIJKLILJM
N#
6--5//#
"
/";
-
?6
&*+"O-&N#
E
*OPNF<>/"8-
#
6 "
Q
6"C
&Q#!&
EQ
6"C
&Q#!&
<391F
*OPN/"8-#
6 "
/";
-
C"!R-
&+#
#-8#&-
*5&+/";
"&-
5
"&<&+6>"5#?"&-5!&
C"!"C#
6--"
>
"&86&&
!&
"C>
5-C"5-
"&
"#&<"&#!
?--</">&+#+
-<
#
"&=5/!&
<""
"&-
5
"&
8
-&--
&+#
#/">
*5
"
C
#
65-+--"
>
#+
&+&"&-
5
"&=5/!&
5 #S-
#
6-&"
-#6=5&
C?#"#68#?#<
-
!
#
65-+5&+/";
"&-
5
"&--/5#
8
T+
&+5-5&+/";
"&-
5
"&>"5#"!/#6>
#30-
&-=5!&
-E-5
->
+#!
"&-F
-"!/#&>"5#&-5
#
65-5&+/";
"&-
5
"&>"5#&"
-5#
&
>-
C5#<&CC&
<"5&&--65-"C&+6
T+
&+
>"5#?5-&"!/#&>
//#?#Q
6"C
&Q#!&
5&/#Q"=5!&
-
"
&"5+#+
C"-C
6 UJVKUGUW
/"/"-/";
>"5#?##2#
&&"!/
-"&&
5#+--5//#-"&
5#+-
-
?5
"&&C-
5
5>"5#"5
Q"&-
5
"&
8
-<&+
"&-
5
"&"C&>?5#&+-&C#
-<
6/##6"&"
&8"#8
"&-5!/
"&"C&
5#+-
C"<
/"/"-/";
-&"
&
/
"8
!&C"&
5#+-5&+/";
"&-
5
"&
'"
"&-
5
"&&"/
"&"C
/";
>"5##
"
"&-5!/
"&"C#!
<-#">#6
&>?#<&&"&2&>?#-"5-<"!!
&+-5-"5-
"5--
C5
5+&
"&-
>"5#?5&?#
"8-
&>8#"/!&
>"5#=5
"!!
!&
"C-"5-
EF?5#&+!
#-<E3FC5#&"/
"&#!
#--"5-<&E:F
&-/"
"&"C+""-&/"/#
"&C"!
/";
XHKUJLYZUG
N&+6>"5#?"&-5!5&+/";
"/
"&-#
"-/&>
&+<>
"&86&<-"#>-
-/"-#<&8#
/-"C>"%-
$";
"/
"&&+65-+<>
>--
!
?6
Q#C"&N!--"&-N-
!
" "#EQ#NN "F-/
"C
=5#
6&
+&"5-+-!--"&---EC
"HIJLYZ
[F<--">&&U\GH
]
740
!"#$%&'"&("&)##*"+$%, -
$#&./
$+0
123
4&
#
56
+
7+
8*#
"& 9:93
;<=>
?
@ABC
DC
AAE
F
G>HIJJK> FGLMN O;=P> B;L=J
Q&" "
"
(#8#
RS5#T
U##"&-+-"#&6
91V:00
U##"&--#6
0
:
3
W#
6.-X#"Y
2"5-/6 0V:::3Z
Q&" "
"(#S5#["&-5!/
"#
\6.#
6-
!-5-&+W S][9:9R8
:
9T!--"&-&8&
"6
Y\/#
^"!
""#R]'V9:99T&[#WW "R9:9:
0 :TR'WW_W
"^
YV9:99T`-]//&a'
W#
6.-#5#
\6.#
6-
!-Y
[#WW "R9:9:
0 :T`-]//&a'
"5b[#WW "R9:9:
0 :TR'WW_W
"^
YV9:99T
/"/"-/"c
Y"5#
"//#\#^#V-
V&#"#d5!&
-^"&+6
^^&6V&+
#90-
&-
/"c
-+&-"&5&
"&#/%&+
-/-Y
-"#/&#"8-
5
5-
]
"&##6V
Y"5#&"
\&6&^^&
V
Y-
^5#V"5&&--6&+65-+&"!/-"&
"-!#8#"/!&
/"c
-"^
-&
5
+&+"&-
5
"&2#
^5#"&-5!/
"&
^"V
!/#!&
"&"^
/"/"-
/"c
Y"5#-5#
&#--
&-+&^&
!/
-"&&+6-"5-
["&
&55-"^&+6-"5--"&--
&
Y
&
/
+"Y
Y
&
6&
+&
6&Y"5#&"
-5#
&&+6"&-5!/
"&d5&+-+&^&
&-&
&+6/"5
"&^"
&+6/"8
^"V
&+6!&--"
Y
/"c
Y"5#\#--
&-+&^&
ef ghP=iMe>KHhj>kMkhGl=LkMmLMehHh<NMHPkM;NM;M>hH=hk;=K=;GlhHH>G>m;<=>>G>HIJ hH>G>HIJ>llLkL>GkJn
E>NNMe;GLIGLlLk;GMoK;kM
LM=>p
/"/"-/"c
Y"5#\&"!/#&Y
[#^"&U&'5#&+
&-
R[]qU&T["R[#^"&[""^+5#
"&-V
#90V$
TVY-!&
"6
!-5-^"&"&-&
#-
8#"/!&
V&+6^^&6VY
^^&6&"&-8
"&V
!
#"&-8
"&&-"5^^&6V&&8"&!&
#d5#
6 LMJhl;G=>o>GM>>GM>GGL;=>G>H;=C=;G
'-V$%-V&
"&W#!&
"^
[
6"^
&[#!&
[&
&&#U&#$#&
^"5--"&
&+&!&
&&+-^VY##2-+&&+2d5#
6/%-&
"&
^#
-&/"+!-
!
Y&+"^#"#
"&#V^
&--&&!&
&-V
&
/"!"
"!!5&
6#
&Y##2\&+R[
6"^
&[#!&
V9:1T
4&
"&
"
-
rstutvwxyz{|sy|v}~{stywt|vstutvwt
t|ty|y|v}tt|w{v|ywts|v}tvwty
/"
-^"/%a/&-"&Vd5-
"&V8#"/!&
&^5&&+R$Q
["&-5#
&+V4&
V9:ZT
741
!"#$%&'"&("&)##*"+$%, -
$#&./
$+0
120
3&
#
45
+
6+
7*#
"& 898:
;<=>?@ABCDCA<CB;D@<CEF<;>AGB@A
3&HI45890J
K
5"L
&K#!&
#-""/
K#!
M
"&$#&NKM$OP
K&
&&#Q&#$#&
KM$-899I-#&+&"4-+-&7&
"5&-
I#--
5P!--"&+&"4-+-4
"&+"#-L"8989&89:9
"!/#!&
-+"#-J
RSTUVWXYZ[\]\[^U[\_`\a^]a[bU[\Z[\UbV[Za_^[ZYW[X_W]X[cU\\U_V\def[RSTU\XUVg[Za_af[RUahi\ K&
&&#Q&#$#&&899
4-
&I#
5M
"&$#&N
M$ONK
5"L
&K#!&
J899O
'"
KM$&
M$L"4-"&P
J&+5J&P-
"&-4!/
"&--
+
L"
"&J&
I&L
/4I#&&7"&!&
##
M##/#&-&
L5"!!4&
5&++!&
&"P&-/
_`WUahi\[VjU^_Vc[Va]\]%5
"-4--Nk"4
lM--"
-
#
J890O
/"/"-/"m
P"4#
"//#I#L#J-
J&#"#n4!&
-L"&+5
LL&5J&+
#80-
&-J
Q&#$#&J&
K
5"L
&K#!&
K#!
M
"&
$#&
L"J!/
-P"4#I#--
&-+&L&
742
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
3
4( % 5
6" - !
7!- 8!,!% $( "9:9;
<=>=?@ABC=D>E
F=G>CHI<JK=L<MHN
O=H<BHDA>>@
D?BDPDMABH
QJAMH
<EEHIAB
D?BDPDMABH
QJAMHRDHI
SDHD?AHD=B
BM=KJ=KAH<C
<EEHIAB
D?BDPDMABH
QJAMH
=
QJAMH
T,! %6$(
! %65/!1$ !( %
/5U/ ( %
8!/!!VV! /W(%5
(-
!/'$V%$//W(X56W$
!
(8$%8(-Y
T51 5!$V'($Z(! [5'!
V5% W/
!%(! !
$( !#$/
!!( \%[5/ 3&$%$] [5'!
^5% _$((-"1//5!
U6 !
!`!$%$-/ V$ !!$
U/!
$($ !/5U/ ( %
!8
!(!$V'($Z(V5% a!V!
$,8/$($V"(!/(
`!$%$-6
1!%&5U% $(29
b
T $(-/!/#-$5(
/'(-a b
T!/#3!% !
-$5(
V%5!W
(%5
(-%[5!V $(a b
8Tc(
/%
!/a b
UT!/5% (/5U/ ( %/$%!$/$($
!%$//$V $1/$%a b
T )!%$ !
$(-!$%$-5( $/$%
/5(/ U%!W$ Z$5%
U!$#!
5(/ U%!/!/5% $V !1$X! W(
1$ !( %%6!/5% ($($$VV3/ !
%(
/%
!W% !%/1!
(-W
/5U/
!(!W%[5!V $($$%%1/!a
b
T)!%$ !
$(!d1(/8!/$%W/
!V(!
(
U%!e3)$V !
0(V$#)5%
(-f$
!g2TW
! (-/5U/ ( %
! $(
!
/'/ $%V!$1$1! 6a
b
!Th8!/$%/(1U%!$V
![5 !%6
/511$ (- !5/!$V/!1 ('/$
% !( 8!Z/ !Z !
/1$/%
/6/ !#/Z!!/!Z!/!($
8%U%!V$ !
/1$/%$VZ/ !
Z !a
b
VT ,! %6$(
! %6
!/ $65([5!
1%!$( $%$-%!/$5!$/ !$
5([5!-!$%$-V! 5!a
b
!(V$# $(( /! $(/U/!
1 %6$( !ijklmnomkmpqrjkslrmtuvwljtrxymtoxlztmzmvlu
sqrxjtu{|wollu}l~mtqjkijtjtmnmnqkkjtumpijt}jvoltikjn zujolitmlroqnoxlqomy
wjnkl~lnoltjnplmno1!1!
U67 5%h/ $6"5/!5#$Vc$/\(-!%!/f$5( 6W
!
5%6
743
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
34
5( % 6
7" - !
8!- 9!,!% $( "4:4;
4<4:44=&%!$( $%$-%!1$ >
?$#1%! !$17$@ /!1$ /(%6
!
/AABCDEFGH $ /
5"8,
IJ KLMNDOPBAQLRBSODEQBSONTLQECDEQBSONTSIMUBALOBCOEINUMVUOICOEINIDWBQUBBXXBSOUY ECSNMDECZOPBQEU[LXNLUUYECRMQTYLQDBIOPECWLNWECZ\
EJ]MAOMQBLXI[CL^CBIQOP_MI[BXIMNOYIUDBNECBIOBDLCOPB`LUOQBSBCON_MEUOGaQELNL IQOP_MI[BbIMNOcLCECZdIAEUUMBDVTOPBOIOB
BLNLZEUOXLQOPBIQBILQVIUBDLC
LOPBQUMVUOICOEINBWEDBCSBLXI[CL^CXIMNOe]BXBQOLEWEUELCLXdECBUICD BLNLZT
ABSEINaMVNESIOELC H
L`AISO
!?%f6/ 3&$%$g$(!/1!% 6
!/?
!@(!/ 9!@6% // $/! 9!!h1!!(!
/6@!
/1%!#!( $#$9!#!(
6(- !%/ <:::7!/
! !f6!/ !/(
$6( !/i $%
!9!%$1#!( 1!# /@$/ !/((! f6'!@6% j$(!6( %-!$%$- (9!/ - $(/
!#$(/ ! !/ !/!($ ! !(!
k7/6@!
/1%!#!( /@$#@6 6!
@6% (-
&6/6( $ / </ 6 6!/@$6#($61(7!($ %%$i! i (l:@!! $@ !
!$@( 9!@6%
?//$i((bEZMQB
Gm< !(!!/ ?%f6/ &$%$n f6'!o6% g$(! $ !1$p! / !/%$(- !+%
$#o6% 11$h# !%74:#%!/ $ !($ !/ =qr<4:44>
!(!!/ 9!@6% $
!1$p! / !#11!
k7 !q%@$(r!$%$-%69!7=/!!bEZMQB
GH>/ !$@ !
8!i1$ 35(-%!i$$
3$/!q(7$(o6% g$(!$@@/$!<11$h# !%7/h#%!/ $ !/$6 i!/ =qr<4:44>
!1$p! 1$1$/!/$(/ 6 $($@$(!/ 6 6!@$6#(6/-!<!/ $$#k6% (-
8$#11!
9!@6% /$?%f6/ &$%$n f6'!o6% g$(!/!i ($(! !1$p! / !
!!@$!<
1$p!
!9!%$1#!( i$6%
($ 6/!/6k/ ( %/'//(-@$# !/6@!61 6!$@'($i( 9!@6%
8$#1 i$6%
$6
744
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
34
5( % 6
7" - !
8!- 9!,!% $( ":;:4
<=>?@A
BC
DEFG<EH
745
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
32
4( % 5
6" - !
7!- 8!,!% $( "9:9;
<=>?@A
BC
D
E<F
746
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
34
5( % 6
7" - !
8!- 9!,!% $( ":;:<
==>?@ABCDE=DF=GC@AHBIDJKL=BCM
EDD?JKB=CB=N=GKB?FOKG?
P//$Q((R=CH@E
STU !1$V! /%$ !
Q (/!/#%%7 9!!-$($W/$6 !(
X%W$(U(
%%/ 6 6!/( !!-$(!/6/!1 Y%! $$%%1/!UY6'%(-$WQ%%/U(
#-!
$W$6(
$(/W$#/ $(-/!/#-$6(
/'(-
! Q$(!!/ 9!W6% / $ !1$V! / !
! !8!Q1$ 35(-%!Q$$
3$/!X(7$(W6% Z$(!UY$6 [
:#%!/$WW/$! $ !/$6 Q!/ U(
(6((#!
$WW/$!W6% (
$(% Q$#%!//$6 Q!/ \]
:#%!/ $ %^Y!7$(
!8!Q1$ 3
5(-%!Q$$
W6% \X_U:;::^
$(--$6(
/'(-/%'!%7 $$6Q ( !
!/-(%W! #!/$W
!1$1$/!
!/ $$#Y6%
(-
!1$V! Q$6%
Y!$(/ 6 !
($
(!Q !11%Y%!:;::X%W$()6%
(-X$
!
\X)X^//6!
Y7 !X%W$()6%
(- (
/X$##//$((
6/!
$6-$6 !/ !
\X%W$(X$
!$W!-6% $(/U
%!:2^
5(
$(U !X)X/
$1 !
/X1 !4
;]$W !
`abcdefghaiajkl`mnopfghaimnoqimrstuttvkhnjwmxanoerahargrebkhnkwnebmjwmboibjwmjowbc (
16Y%Q!%W!Y7!-6% (- !
!/-((
$(/ 6 $($W!y9 $(/UW$6(
$(/UY6%
(-
W#!/U! ((-Q%%/U(
$ !Y6%
(-!%!#!( / $# - ! !!WW! /$W/!/#/'(-(
9!/!/$%$(
$(/
!X)X$( (/1$9/$(/W$! z6'!/W! 7Y/!
$(W $/(%6
(-
$61(7 71!U ! 71!/$W/$%(
$'$(/ !U(
!/ !(- $W-$6(
#$ $(Q /1!W!
1$YY% 7$W$6(- !/ !
!X 7$W(X%!#!( !)6%
(-X$
!!z6!/-!$ !(%(9!/ - $(W$ !1$V!
!
-!$ !(%(9!/ - $(!1$ Q$6%
!/ # !/!/#1#! !/W$6/!(
!/-((
$(/ 6 $($W !1$1$/!
!/ $$#Y6%
(-
X$#1%(!Q !$##!(
$(//! W$ ( !
-!$ !(%!1$ Q$6%
Y!$(
$($W !1!# $Y!//6!
Y7 !X 7$W(X%!#!( !
!!W$!U!-6% $7$#1%(!Q$6%
Y!/6WW!( $#(#Z!Z
/W$#/ $(--$6(
/'(-
5#1 /Q$6%
Y!%!// (/-(W( U(
# - $(/($ !z6!
===>E=DF=GS@E{K?EIC@AHBINK={H@E|=BG{HI=BC{=}HENKG?=ABM EDD?JKB=CB=N=GKB?FOKG?
~z6!W $( 71%%7$6/Q!(/ 6 !
$1 %%7/ 6 !
/$%/Y!9!%'!%z6
U/
!/6% $W%$//!/(/ !(- (
/ WW(!//(!/1$(/! $/ !///6/-$6(
/'(-
!1$V! / !
/($ (Z$(!$W!z6!
(9!/ - $(W$%z6!W $(\/!!R=CH@E
S^
$Q!9!U-!$ !(%
(9!/ - $(W$ !1$1$/!
1$V! /!z6!
6(
!:;::X)XP11!(
y! $(;2(
X)X
! $(];:
!/ (-$W/#1%!/W$#/6Y/6W!(9!/ - $(//!z6!
U/6/W$#Y$(-/$
!/ 1 /
6 !/#6/ Y!
$(!/(!!
!
$!9%6 !/%$1!/ Y% 7U/$%/ !(- U1$/ $((
!z67$W%$
3Y!(-/$%/U !!WW! $W#$/ 6!9 $($(%$
3Y!(-1 7U
$#1!//Y% 7U%z6!W $(U
WW!!( %/! %!#!( U(
!y1(/9!(!//
P-!$ !(%(9!/ - $(!1$ Q$6%
Y!1!1!
W$ !1$1$/!
1$V!
6!1$ Q$6%
(%6
!(//!//#!( $W%z6!W $(1$ !( %6(
! !/ !
&$V!
!/-((
$(/ 6 $(Q$6%
$(W$#Q (7!%!9( !$##!(
$(/$W !-!$ !(%!1$
5#1 /Q$6%
Y!%!// (
/-(W( W !#1%!#!( $($W/6!$##!(
$(/
747
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
34
5( % 6
7" - !
8!- 9!,!% $( ":;:<
=>?@AB
CD
EF=
748
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
3
4( % 5
6" - !
7!- 8!,!% $( "9:9;
<=>?@ABC<ADBE
DBBFG?@<H@<I<J?@FKL?JF
M(
/%
!/$5N!( !/ O% 6$P !/%$1!(-!/P$#/ O%! $(5(/ O%!$( $(
Q
(-!( !/ O% 6$P/%$1!(O!5/!
O6(5#O!$PP $/R (- $-! !$%$(!
7 5%5/!/$P%(
/%
!/(%5
!-$5(
N !S1$!N !T1!//5! (- $
!/ O%U! !
/%$1!R%$//$P8!-! 8!/ 5 5!R!$/$($P ! $!$P/%$1!O68!/$$!(N8!/R! V5'!/
(-%$
/ $O!%6/ O%!/%$1!R! V5'!35/!
%V5!P $(
!/ O%U(-/%$1!/R(
8$%(!51 $(/
!!( !1$W! / !/N (%(
/%
!!.
$#( 6$5(-$'/%
!.
!( P!
O6 !
X%P$(Y!$%$-%58!6SXYR9:99T
Q-!$ !(%(8!/ - $(N$5%
O!!V5!
R(%5
(-
(//!//#!( $P/ O% 6$PO$ !Z/ (-/%$1!/(
/%$1!/ N$5%
O!$(/ 5 !
O61$W!
!8!%$1#!(
!-!$ !(%(8!/ - $(R(
(6!$##!(
$(/$P !-!$ !(%
(8!/ - $(!1$ R#5/ $#1%6N !9:99X%P$()5% (-X$
!
&$W!
!/-((
$(/ 5 $(N$5%
O!!V5!
$$#1%6N !$##!(
$(/$P !-!$ !(%!1$
4#1 /
( /!-
N$5%
O!%!// (/-(P( P !$#1%! $($P !-!$ !(%(8!/ - $(!1$ (
!!(!N (6!%!8( !$##!(
$(/ !!(
[> \]^CAFGDL_]`DJF_DB^CF<@B^[BF?@F<?CB]<CD_]B<]@]_FGDC]BB]IF]LB]<CE DBBFG?@<H@<I<J?@FKL?JF
&$ $(/$P !1$W! / !!5!( %6
!8!%$1!
/
!!
"!#$%&'a !"/ !&%(
01 !
/
$(%5/!3/!8(-!%!#!( / $ !1$W! !
]@BF_^JF<]@
!1$W! / !N$5%
O!#$/ /5/!1 O%! $!$/$(
5(- !$(/ 5 $(1/!RN!(/$%/
!Z1$/!
R(
O!P$!%(
/1!
!/8!O!!((/ %%!
$#(#U! !1$ !( %P$N !(
N(
!$/$(R !1$W! N$5%
$1 $(/ 5 $(O!/ #(-!#!( 1 !/S)"&/T(
$
(!N ! !N
!Y!(!%X$(/ 5 $(&!# Rb
!7$
9::3:::3,+cR//5!
O6
! !+ !!/$5!/X$( $%)$
S+X)T(9::
&$W! /$O ($8!-!O6
!8!%$1(-
(
#1%!#!( (- $#N !&$%%5 $(&!8!( $(&%(S+&&&TR!/ # (-/! #!( /'P$#
$(/ 5 $( 8 !/ $!!8(-N !/(
/1!P6(-)!/ "(-!#!( & !/S)"&/T
N$5%
O!5/!
O6 !1$W! $#(#U!1$%%5 $($P/ $#N !
X !-$!/$P)"&/5/!
(
+&&&/!
!/O!
O!%$N(
O%!2
3
?[CD
de
fghi
ijf
?FDH]_k j^_L]BD l?KLCDB
m$/$(
X$( $%/
X$(// /$P5/(-1$W! /!
5%(-(
1%(((- $!
5!/$%$8!-! $(
/ 5O(!S1 5%%6
5(- !(6
/!/$(TR1!8!( (-$!
5(-!$/$(
1$ !( %O6
8! (-$$( $%%(-
!
5%(-R1!/!8 $($P!Z/ (-8!-! $(R
6
5%#5%R6
$/!!
(-R/$%O(
!/R
/ N#5%R-!$ !Z %!(
# /RN$$
#5%(-R!
'!/(
(-!/N%!/R
8!%$ 6
//1 $(
!8!/R/%$1!
(/R
/ !#O('/ O%U $(R$#1$/ O%('! /R
749
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
34
5( % 6
7" - !
8!- 9!,!% $( ":;:<
(-!=/>!%%/1!1(-(
/ ?%@(-
/ 6?!
/$%!/
/$%1!1 $($6-!((-=(
($(3
9!-! 9!/ ?%@ $(
!
#!(
A$( $%/
B% !$6 /$%1 %!/ 9!?!!(
! !
(
(/1$ !
(> !
% C!(!=/!
#!( ?/(=/!
#!( 1=!'
#=C?!$%%/=-9!%?-?!#=/ !!
/>!!1(-(
966#(-=/(
?-?!=
/ >?%!?!=/ $#
((%! 1$ ! $(=
#(6C 6!
%(!/!
#!( $( $%/=
$#1$/ /$'/(
?!#/=(
?$C% !?-/
+(
D$/$(
A$( $%/
A$(// /$C11%7(-> !$$ !
6/
1%% 9!/ $1!9!( $#(#@!
6/
(6/(!
$%?(
!/=!#%
6/ /611!//( /=
$9!(-/ $'1%!/=1!#(!( 9!-! $(=
#6%(-=> !(-=/7( ! $9!/=(
#(#@ $($C
/ 6?!
!
'(-
A$( $%/
"(#@! ! '(-$C/$%$CC/ !?7
9!%!/
?%@!
$(/ 6 $($
>7/(
$(/ 6 $(!( (!/!E /=(
!( (!$6 %! !>/
8$(3 $#
+ !
"(-!#!(
A$( $%/
&$?
/-!$C# !%/$ ! (
/ $#> !=/6/
/-!/C$# !
%!((-=#( !((!=(
C6!%(-$C
9!%!/(
!F61#!(
A$(
6 9$6/
$(/ 6 $($1! $(/=(%6
(-
19(-=-(
(-=(
$(! !6(-(
C(/(-=(>7/ #(#@!($(3
/ $#> !
/-!/(
$( #( $($C(7/6
/-!/
+ !$(/!9 $(1 !/= !#1$7
/ !#$//(-/=%!> !
9!/$(/=
1$ ?%!(
- $(> !#(-!#!( =(
!1$1!#(-!#!( $C !C$%%$>(-
$1! $(/G19(-(
-(
(-=
!> !(-=
9!%!(
!F61#!( %!((-=C6!%(-(
#( !((!=1%!
9(-=$(! !6(-=
$(! !C(/(-=
!#$% $(
H!( $
> !=# !%$9!> !=(
!#1$7
? 1%( /
+/ !
"(-!#!(
(
A$( $%/
I
!
=-$$
$6/!'!!1(-
1 !/J
"(-!#!( $C# !%/(
>/ !/ $
9$
$( #( $($C/ $#> !
$'1%!#(-!#!( =/1%%1!9!( $((
$( $%=/$%
>/ !#(-!#!( =@
$6/
>/ ! #(-!#!( =$( #( !
/$%
#(-!#!( =$(! !>/ !#(-!#!( =
/( 7/!1 >/ !#(-!#!( =%F6
>/ !#(-!#!( =(
#(-!#!( $C
# !%
!%9!7/ $-!(
6/!
KLMNOGAPQP:;:
ROMSTUKV
P/
!/-(!
= !1$H! >$6%
?!
!9!%$1!
> #E$C#1!9$6//6C!/=/6/$(! !(
19!#!( =(
%(
/1!
!/(%6
(- 6C
/$#?( $($C#1!9$6//6C!/(
%(
/1!
!/>$6%
#(#@!1$ !( %/$%!$/$(
6(-1$H! $1! $(/
+ !#1%!#!( $($C/$%!$/$((
/!
#!( $()"&/
6(- !$(/ 6 $(1/!(
!1$1$/!
$#?( $($C#1!9$6/(
%(
/1!
/6C!/
6(- !$1! $(%1/!= !
1$H! >$6%
9!%!// (/-(C( #1 /!% !
$/$%!$/$($%$//$C $1/$%(
# - $(/($ 1$1$/!
750
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
3
4( % 5
6" - !
7!- 8!,!% $( "9:9;
<= >?@ABCDEFG?HE<CIEA?<JCEB?KJLE?A?LM<@KMC?GN?MACDJCMN@KNCJIAEO?GCDJCP?@AB IE<?QE@KNCJIAEJNJGEN@AC?RCDEFG?HE<COJKBF?CEKCMJAASGEN@ACMK?KT?G?RRNMCE AJKBNAMBEOAJCEGJANFGEJBMKLON@INMBEK<EOAMU@ERJ<CM?K?G<?AAJFNEV ENNCDJKMLKMRM<JKCQFJ<C
4#1 /!% !
$%W5!X $((
%(
/%
!/!
/5//!
Y$8!(E<CM?K
J=
JCEGJAFGEJBMKL
Z !%/1!
(-/ !
$[(/%$1!#$8!#!( $X/5X!/!
#!(
5! $%W5!X $((/5Y/5X!
%6!
!
$[(/%$1!#$8!#!( /
5! $-8 6(
-$5(
/'(-$#Y(!
Z !%/1!
(-
$X !-$5(
/5X!
5(-/!/# 8 65/5%%6$5/%$(- ![!'/!\$(!/[ ( %W5!XY%!/$%%6!(
/Y!!($Y/!8!
$-!(!%%6 '!1%! $[
X!!X!]
!
^! ((-
[%%^/%$1!^$((!%_(
$%!//!!` !( $(-$5(
/5X!/[ 8!6-!( %!/%$1!
4#1%!#!( $($X!$##!(
$(/$X !-!$ !(%!1$
!//(-%W5!X $(\
/
[$5%
#(#\!/'/X$#% !%/1!
(-
4#1 /
5! $% !%/1!
(-[$5%
Y!%!// (
/-(X(
?AAJFNMIAE?MAN
!-!$ !(%(8!/ - $(!1$ [$5%
//!// !1Y% 6$X/ !/$%/X$/511$ (- !
1$1$/!
#1$8!#!( /(%5
(- !1$1$/!
!/ $$#Y5%
(-^1'(-%$ /^(
$ !18!
!/
!-!$ !(%(8!/ - $(!1$ [$5%
1$8
!(6(!!
!
!$##!(
$(/X$
!#$8%$X/$%/5(/5 Y%!X$/511$ (- !1$1$/!
#1$8!#!( /(
!(-(!!(-$X/5/$%/
(
!1%!#!( $X/5/$%/Y'[ ((
(!` $ !X$$ 1( /$X1$1$/!
#1$8!#!( /
a
!!(![ /5!$##!(
$(/[$5%
!
5!/'//(-X$#$%%1/Y%!/$%/ $%!// (
/-(X(
@INMBEK<E
!#b$5/!$X-$5(
/5Y/
!(!/ !!`!//8![
[%$X-$5(
[ !
$%/[ -
/% $%6$( !( !1 5%%6/5/!1 Y%! $/5Y/
!(!
!1$b! / !/($ ((!$X
/5Y/
!(!#11!
Y6 !0c]0c^9:99_
&$b!
!8!%$1#!( [$5%
($ !`!Y !\
/
!% !
$-$5(
/5Y/
!(!
4#1 /
5! $/5Y/
!(![$5%
Y!%!// (/-(X(
B= >?@ABCDEFG?HE<CIEA?<JCEB?KEdFJKNMeEN?MAOJNBERMKEBMKJIAEfgTfh?RCDE iKMR?GQh@MABMKL?BEjfkk =O<GEJCMKLN@INCJKCMJABMGE<C?GMKBMGE<CGMNlNC?AMRE?G FG?FEGCSV
ENNCDJKMLKMRM<JKCQFJ<C
m`1(/8!/$%//('(
/[!%%[ (-!/(/$%#$/ 5!
$%#$/ 5!#6(-!X$#
%(
/1!- $(^(X%%^(
5 % 6%!'-!
"5$X !/$%5(
!%6(-(n%!#!( !/-%6
!`1(/8!]&%!+$'/^9:;^1
o
o32_^(
!`1(/8!/$%/$5%
Y!1!/!( 5(
! !1$b! / !
!1$b! -!$ !(%(8!/ - $(!1$ [$5%
(%5
! !/ (-/#1%!/$X/5Y/5X!/ !/$%/
X$!`1(/$((
!`^(
1$8
(-(6(!!
!
!$##!(
$(/X$!#!
%-
(-^/$%
#$/ !((-^/5Y/5X!
(-!/6/ !#/^(
$X$5(
$(
!/-( $#(#\!/'/X$#
751
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
34
5( % 6
7" - !
8!- 9!,!% $( ":4:;
!<1(/9!/$%/
5#1 /=$6%
>!%!// (/-(?( ? !
!!(!= /6!$##!(
$(/
(
($# - $(/!@6!
AB CDEFGHIAJKDLAMHINOAPDQFPQRMNJNSFADTNGAUENHAFVPEJJDKHQRWHIAEPADTPAJHQM
HNRXPDKNFHAKRNHQOAYNPHAYNHAKGQPJDPNFPVPHAZPYIAKAPAYAKPNKARDHNONQFNSFA TDKHIAGQPJDPNFDTYNPHAYNHAK[
DZJNMH
\]^_`ab^cdefd^gahijcakk^cddad]^lfdmanopkli^q^kd^re^sfedfkte^g^`emed^qud]^`^na`^vd]^ 1$w! =$6%
($ 6/!/!1 ('/$% !( 9!=/ != !
/1$/%/7/ !#/x(
6/($#1 /
//$ !
= /!1 ('/$% !( 9!=/ != !
/1$/%/7/ !#/=$6%
$6
TB CDEFGHIAJKDLAMHGQKAMHFVDKQRGQKAMHFVGAPHKDVNERQUEAJNFADRHDFDWQMNFKAPDEKMADK PQHADKERQUEAWADFDWQMTANHEKA[
APPHINRQWRQTQMNRHZJNMHYQHIyQHQWNHQDRRMDKJDKNHAG
z/
! %!
(NSFA
{|x !&%!$( $%$-%!1$ ?$6(
?9!?$//%%$% !/( !1$w! !-$(
NSFA
{|
}~
DMNFQHVD
DMNHQDR }DKZNHQDR NN AJHI
z"*&
4
( !($ ?(-
/%$1!w6/ !/ $?
z9!(
&$x(!
( !/! $(=
#($*!6
1/ ($
$# $(
1!#=%!
0('($=(
z"5&
2
&%&?8+
$?z9!(
&$(
&%
1/ ($
$# $(
/% / $(!
)9%9!
x1!%->/
% !
!
0('($=(
z"
*&
2;x
2x
:x
;
z" 5&
x
44:3
44;x
¡p`¢i^]^pj£u
!9!%$1#!(
>$6(
!
>7z9!(
*/ ¤!#$/x53
x
¥z9!(
&$x(
#($*!6
(%!#!( !
1/ ($
$# $(
#//9!
?# -7
/% / $(!
= /$#!
-71/6# ¦
/6%?6
6(
!%(>7
/(
/ $(!
#w$ 7$?
/1!#!(/(
>$(!>!
!1$/
+%6/!/
$>!((!x
§¨©ªx
! !x?6/!%
z $!1%(!x
>! $$ /%#$(
«¨¬¨¨x
!9!% <$?/'//!9!%
<$?>$(7?/!/ =$ <$?
!!%/!-%!7¨
/$ 3($/!
#!/
#!
!
6(/1!?!
(9! !> !/
0('($=(x
$%%! !
6(-
-
(-
z"*&
3:
8¥/
!$?&?
$/ ¤-=7¥%
#($!%:
7
/8+ $?
1/ ($
$# $(
=!%%>!
!
,!!1/!/#!%
) 7%-
!
)/ %!#$6 7%$ $(!
$
6?!
752
!!
"!#$%&'(
)$(*$(+%%
,$-&'."/ !&%(01
!&-!2
3
4( % 5
6" - !
7!- 8!,!% $( "9:9;
( !/! $( <
=#($=1/ ($
$#!$5/
/%!>
?@%1!/>A11!B/
?6(-( 5/>
CDEFGHI$/J(-!%!/=$5( 67 5%K/ $6"5/!5#?IJ=">L9:99
!1$M! / !/5(
!%(N6O5 !(6%(
/%
!
!1$/ /?P!((!
6(
(L9::>A !
O5 !(6&!$
!Q !(
/B$#11$Q# !%69
RS#%%$(6!/N!B$!1!/!( $ !1!/!(
!8!%B$//%%$% !/!'($<(B$#(=%!#!( !L(
B$//%/$5%
N!1!/!( ($'5(
! !
/ !
T
(-(
!Q8 $(
5(-1$M!
!8!%$1#!( $5%
#-!B$//%/LB$<# - $(
/!U5!
VWXWYZXWC[VGZ\DEG
VV
]^&$ $ !//5(!$B !-
(-1!# L !11%( /%%1$8
!%! ! $ !
= 6$B(=%!#!( !&%(((-,8/$(L$
!/-(!!LB$#U5%B!
1%!$( $%$-/
/ (- !1%!$( $%$-/ /N!!(! (!
$1$8
!/!8!/B$ !1$M!