Agenda packet, second session — Vallejo City Council, August 4, 2026 (part 1 of 5)

HYBRID MEETING
www.Cityofvallejo.net

CALL AND NOTICE OF SPECIAL
MEETING AT 7:00 PM OF THE

VALLEJO CITY COUNCIL

AUGUST 4, 2026

Council Chambers
555 Santa Clara Street
Vallejo, CA 94590

COUNCIL MEMBERS
Andrea Sorce (Mayor)
Diosdado "JR" Matulac (Vice-Mayor)
Peter Bregenzer
Helen-Marie Gordon
Tonia Lediju, PhD
Alexander Matias
Charles Palmares

NOTICE: Members of the Public will be able to participate in-person or remotely via Zoom
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members of the public 30 minutes prior to the start of
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Any supplemental writing related to an agenda item for an open session of a regular meeting that is distributed to all or a majority of all members of the City Council less than 72 hours before the meeting will be posted concurrently on the City’s website at www.cityofvallejo.net/agendas Written material distributed during the meeting, will be available at the meeting if prepared by the City or after the meeting if prepared by someone else. Such materials may be obtained from the City Clerk

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AGENDA
TO THE MEMBERS OF THE VALLEJO CITY COUNCIL:

You are hereby notified that I do hereby call the Vallejo City Council in special session to consider only the matters stated on the agenda listed below. NOTICE: Members of the public shall have the opportunity to address the City Council concerning any item listed on the agenda before or during consideration of that item. No other items may be discussed at this special meeting

1. CALL TO ORDER

2. ROLL CALL

3. PLEDGE OF ALLEGIANCE

4. REPORT OUT OF CLOSED SESSION

5. PUBLIC COMMENT REGARDING CONSENT CALENDAR ITEMS
Members of the public wishing to address the Council on Consent Calendar items may do so in person by signing in to the Public Speaker's kiosk located in the back of the Council Chambers or via ZOOM:(https://ZoomRegular.Cityofvallejo.net), Option to join by phone: Dial (669) 900-6833. Enter Meeting ID: 914 0075 0676#. Press * 9 to digitally raise your hand from the phone. Press *6 to unmute/mute. For additional instructions on how to speak remotely during public comment, please visit, www.cityofvallejo.net/publiccomment. In person speakers will be recognized first. Each speaker is limited to three minutes pursuant to Vallejo Municipal Code Section 2.02.310.

Requests for removal of Consent Items received from the public are subject to approval by a majority vote of the Council. Items removed from the Consent Calendar will be heard immediately after approval of the Consent Calendar and Agenda

6. APPROVAL OF THE AGENDA AND THE CONSENT CALENDAR
A. CITY TREASURER’S QUARTERLY INVESTMENT REPORT
Recommendation: Accept the City Treasurer’s Investment Report for the quarter ended June 30, 2026
Contact: Florita Cruz, Assistant Finance Director, (707) 648-5542 [email protected]
B. ADOPT A RESOLUTION APPROVING THE SECOND AMENDMENT TO THE

CONSULTANT AND PROFESSIONAL SERVICES AGREEMENT WITH

CAPITOL ADVOCACY PARTNERS AND AUTHORIZING THE CITY

MANAGER TO EXECUTE SAME
Recommendation: Adopt a Resolution approving the Second Amendment to the Consultant and Professional Services Agreement with Capitol Advocacy Partners and authorizing the City Manager to execute same.

Contact: Jason Ta, Chief of Police
[email protected]

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C. ADOPT A RESOLUTION APPROVING THE FIRST AMENDMENT TO THE

SUPPLIES PURCHASE AGREEMENT WITH FONROCHE LIGHTING
AMERICA, INC. FOR SOLAR STREETLIGHT EQUIPMENT AND SUPPLIES TO INCREASE THE CONTRACT AMOUNT BY $300,000 TO A MAXIMUM NOT TO EXCEED $1,000,000 AND AUTHORIZING THE CITY MANAGER TO

EXECUTE SAME
Recommendation: Adopt a resolution approving the First Amendment to the Supplies Purchase Agreement with Fonroche Lighting America, Inc. in an for solar lighting supplies and authorizing the City Manager to execute same.

Contact: Leonard Job, Public Works Director (707) 648-4433 [email protected]
D. ADOPT A RESOLUTION APPROVING THE SECOND AMENDMENT TO THE

CONSULTANT AND PROFESSIONAL SERVICES AGREEMENT WITH
GHIRARDELLI AND ASSOCIATES, INC. TO INCREASE THE CONTRACT AMOUNT BY $3,500,000 TO A NOT TO EXCEED LIMIT OF $5,000,000, AND

AUTHORIZING THE CITY MANAGER TO EXECUTE SAME
Recommendation: Adopt a Resolution approving the Second Amendment to the Consultant and Professional Services Agreement with Ghirardelli Associates, Inc. to increase the contract amount by $3,500,000 to a not-to- exceed limit of $5 million, and authorizing the City Manager to execute same.

Contact: Leonard Job, P.E., Public Works Director (707) 648-4433 [email protected]
E. ACCEPT THE HAWK INTERSECTION IMPROVEMENTS AT FIVE
LOCATIONS PROJECT (PROJECT NO. PW9736) PERFORMED BY KEREX ENGINEERING, INC. OF MARTINEZ, CALIFORNIA AS COMPLETE AND

AUTHORIZE THE CITY CLERK TO FILE A NOTICE OF COMPLETION WITH THE SOLANO COUNTY RECORDER’S OFFICE
Recommendation: Accept the HAWK Intersection Improvements at Five Locations Project (Project No. PW9736) performed by Kerex Engineering, Inc. of Martinez, California as complete and authorize the City Clerk to file a Notice of Completion with the Solano County Recorder’s Office.

Contact:

Leonard Job, P.E., Public Works Director (707) 648-4433 [email protected]
Glen March, P.E., Assistant Public Works Director/City Engineer (707) 648- 4316
[email protected]
F. ADOPT A RESOLUTION AMENDING THE FISCAL YEAR 2026-2027 BUDGET TO APPROPRIATE $7,500 FROM THE LANDSCAPE
MAINTENANCE DISTRICT FUND BUDGET – SUMMIT II, FUND 164 (STEP 2 OF 2)
Recommendation:

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Adopt a resolution amending the Fiscal Year 2026-2027 budget to appropriate $7,500 from the Landscape Maintenance District fund budget – Summit II, Fund #164.

Contact: Leonard Job, Public Works Director, 707-648-4433 [email protected]
G. ADOPT A RESOLUTION RATIFYING INVESTMENT MANAGEMENT
SERVICES PERFORMED BY CHANDLER ASSET MANAGEMENT, INC.

AND PAYMENT FOR SERVICES RENDERED DURING THE PERIOD OF
OCTOBER 23, 2025 THROUGH AUGUST 3, 2026, APPROVING AN

INTERIM PROFESSIONAL SERVICES AGREEMENT WITH CHANDLER
ASSET MANAGEMENT, INC. IN AN AMOUNT NOT TO EXCEED $150,000 FOR THE PERIOD RETROACTIVE TO OCTOBER 23, 2025 THROUGH
DECEMBER 31, 2026, AND AUTHORIZING THE CITY MANAGER TO

EXECUTE THE SAME
Recommendation: Adopt a resolution ratifying investment management services performed by Chandler Asset Management, Inc. ("Chandler") and payment for services rendered during the period of October 23, 2025 through August 3, 2026; approving an interim Professional Services Agreement with Chandler in an amount not to exceed $150,000 for the period retroactive to October 23, 2025 through December 31, 2026; and authorizing the City Manager to execute the agreement and any related documents necessary to carry out the agreement.

Contact: Nalungo Conley, Assistant City Manager/Acting Finance Director, (707)648-4301
[email protected]
H. ADOPT A RESOLUTION APPROVING A REQUEST BY THE FAMILY OF JOHN WESLEY FINNEY, JR. TO SCATTER HIS CREMATED REMAINS AT

A SPECIFICALLY DESIGNATED PORTION OF THE BLUE ROCK SPRINGS

WEST GOLF COURSE AND DIRECTING THE CITY MANAGER TO WORK

WITH THE FAMILY TO DESIGNATE AN APPROPRIATE LOCATION AND

TO TAKE OTHER NECESSARY ACTIONS
Recommendation: It is recommended that the City Council adopt a resolution authorizing the scattering of the cremated remains of John Finney at Blue Rock Spinrgs Golf Course and direct the City Manager or designee to coordinate with the Blue Rock Springs General Manager, which operates the golf course on behalf of the City, and the Finney family to facilitate the scattering in a manner that minimizes disruption to golf course operations and is consistent with applicable laws.

Contact: Harry E. Black, City Manager (707) 648-4576
[email protected]
I. ADOPT A RESOLUTION APPROVING THE FIRST AMENDMENT TO THE

SERVICES AGREEMENT WITH HEALTHY VALLEJO COMMUNITY
SUPPORT SERVICES, INC., FOR AN ADDITIONAL $100,000 AND

AUTHORIZING THE CITY MANAGER TO EXECUTE SAME

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Recommendation: Adopt a resolution approving the First Amendment to the Services Agreement with Healthy Vallejo Community Support Services, Inc., for an additional $100,000 - with a new not-to-exceed amount of $350,000, and authorizing the City Manager to execute same.

Contact: Jason Ackley, Assistant to the City Manager
[email protected] (707) 648-4577

7. ACTION CALENDAR
NOTICE: Members of the public wishing to address the Council on Action Calendar Items may do so in person by signing in to the Public Speaker's kiosk located in the back of the Council Chambers or via ZOOM (https://ZoomRegular.Cityofvallejo.net), or via phone, by dialing (669) 900-6833. Enter Meeting ID: 914 0075 0676#. Press *9 to digitally raise your hand from the phone. Press *6 to unmute/mute. For additional instructions on how to speak remotely during public comment, please visit, www.cityofvallejo.net/publiccomment. Each speaker is limited to five minutes pursuant to Vallejo Municipal Code Section 2.02.420 or as approved and announced by the Mayor. In person speakers will be recognized first.

A. ADOPT A RESOLUTION MAKING APPOINTMENTS TO VARIOUS CITY

COMMISSIONS
Recommendation: Adopt a resolution making the following appointments:
• Beautification Commission (BC) - 3 vacancies
• Economic Development Commission (EDC): 4 vacancies
• Human Relations Commission (HRC): 1 vacancy
• McCune Collection Commission (MCC): 3 vacancies
• Planning Commission (PC): 2 vacancies
Contact: Dawn G. Abrahamson, MMC, City Clerk (707) 648-4527 [email protected]
B. HOLD A PUBLIC HEARING AND INTRODUCE AN ORDINANCE AMENDING CHAPTER 16.303 OF THE VALLEJO MUNICIPAL CODE RELATED TO

ACCESSORY DWELLING UNITS AND FINDING SUCH ACTION

STATUTORILY EXEMPT FROM THE REQUIREMENTS OF THE

CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA) PURSUANT TO PUBLIC RESOURCES CODE SECTION 21080.17 AND CEQA GUIDELINES SECTION 15282(h)
Recommendation: Hold a public hearing and introduce an ordinance amending Chapter 16.303 of the Vallejo Municipal Code related to Accessory Dwelling Units and finding such action exempt from the requirements of the California Environmental Quality Act (CEQA) pursuant to Public Resources Code Section 21080.17 and CEQA Guidelines Section 15282(h).

Contact: Kristin Pollot, AICP, Planning & Development Services Director, (707) 648-4326
[email protected]
Hector Rojas, Long-Range Planning Manager, (707) 553-7283 [email protected]

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C. ADOPT A RESOLUTION APPROVING THE ACCEPTANCE OF A
QUITCLAIM DEED FOR THE NAVY’S PRODUCTION MANUFACTURING

AREA MARE ISLAND PARCEL, AND AUTHORIZING THE CITY MANAGER

TO EXECUTE SAME
Recommendation: Adopt a resolution approving the acceptance of Quitclaim Deed for the Navy's Mare Island Production Manufacturing Area Housing Parcel and authorize the City Manager to execute this deed and all other documents required to transfer the ownership of said parcel.

Contact: Gillian Haen, Assistant City Manager (707) 648-4576 [email protected]
Nalungo Conley, Assistant City Manager (707) 648-4301
[email protected]
D. ADOPT A RESOLUTION RATIFYING ADDITIONAL

DESIGN PROFESSIONAL SERVICES PERFORMED BY INDIGO HAMMOND + PLAYLE ARCHITECTS, LLP, APPROVING THE THIRD AMENDMENT TO

THE DESIGN PROFESSIONAL SERVICES AGREEMENT WITH SAME TO

EXPAND THE SCOPE OF WORK AND INCREASE THE CONTRACT
AMOUNT BY $15,500 FOR A MAXIMUM NOT TO EXCEED $6,396,400,

AUTHORIZING THE CITY MANAGER TO EXECUTE SAME AND POSSIBLY

PROVIDE INPUT/DIRECTION TO THE CITY MANAGER RELATING TO THE

PROJECT
Recommendation: Adopt a resolution ratifying additional Design Professional Services performed by Indigo Hammond + Playle Architects, LLP, approving the Third Amendment to the Design Professional Services Agreement with same to expand the scope of work and increase the contract amount by $15,500 for a maximum not to exceed $6,396,400, and authorizing the City Manager to execute the same.

Contact: Leonard Job, Public Works Director (707) 648-4433 [email protected]

8. INFORMATION CALENDAR
NOTICE: Members of the public wishing to address the Council on Information Calendar Items may do so in person by signing in to the Public Speaker's kiosk located in the back of the Council Chambers or via ZOOM
(https://ZoomRegular.Cityofvallejo.net), or via phone, by dialing (669) 900-6833. Enter Meeting ID: 914 0075 0676#. Press *9 to digitally raise your hand from the phone. Press *6 to unmute/mute. For additional instructions on how to speak remotely during public comment, please visit, www.cityofvallejo.net/publiccomment. Each speaker is limited to five minutes pursuant to Vallejo Municipal Code Section 2.02.420 or as approved and announced by the Mayor. In person speakers will be recognized first.

A. POLICE REFORM UPDATE
Recommendation: Receive update. There is no staff report or action associated with this item
Contact: Jason Ta, Chief of Police
[email protected]

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9. CITY MANAGER'S REPORT

10. CITY ATTORNEY'S REPORT

11. REQUEST & ACTIONS FOR FUTURE AGENDA ITEMS OR SPECIAL PROJECTS

12. REPORT OF THE PRESIDING OFFICER AND MEMBERS OF THE CITY COUNCIL

13. ADJOURNMENT

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ADDITIONAL CITY INFORMATION
Members of the public can:
• Like us on Facebook and Instagram (@cityofvallejo)
• Sign up to receive City Communications via e-mail (www.cityofvallejo.net/subscribe) • Sign up for emergency alerts at: alertsolano.com
Dated: Thursday, July 30, 2026
Andrea Sorce, Mayor
I, Dawn Abrahamson, City Clerk do hereby certify that I have caused a true copy of the above notice and agenda to be delivered to

Andrea Sorce (Mayor)
Diosdado "JR" Matulac (Vice-Mayor)
Peter Bregenzer
Helen-Marie Gordon
Tonia Lediju, PhD
Alexander Matias
Charles Palmares,

at the time and in the manner prescribed by law and that this agenda was posted at City Hall, 555 Santa Clara Street, CA at 2:30 p.m., Thursday, July 30, 2026.

Dated: Thursday, July 30, 2026

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CONSENT CALENDAR 6.A.

DATE: August 4, 2026
TO: Mayor and Members of the City Council
FROM: Nalungo Conley, Assistant City Manager/Acting Finance Director SUBJECT: CITY TREASURER’S QUARTERLY INVESTMENT REPORT

RECOMMENDATION
Accept the City Treasurer’s Investment Report for the quarter ended June 30, 2026

REASONS FOR RECOMMENDATION
The City’s Investment Policy requires the City Treasurer to submit quarterly investment reports to the City Council.

BACKGROUND AND DISCUSSION
The City of Vallejo follows the provisions of California Government Code Sections 53601, 53635, and 53651 as guidelines for developing and implementing its investment policies and practices. The City Manager has delegated the authority for managing and investing City funds to the City Finance Director, who also serves as the City Treasurer. The Finance Director/Treasurer is authorized to invest and reinvest City funds, sell or exchange securities, and deposit securities for safekeeping in accordance with the Investment Policy approved annually by the City Council.

At the end of each calendar quarter, the City Treasurer is required by the City’s adopted Investment Policy to report on the status of investments to the City Council. The City Treasurer’s Investment Report as of June 30, 2026, is submitted. The report includes all securities managed by the City and its Investment Managers (excluding bond proceeds) and provides information on the values (par, fair, and cost), term, and yield of each security. Please note that because the safe-keeping custodian and the Investment Manager may use different pricing sources to determine the market value of the securities, there can be minor differences in market values shown on the custodian's monthly statement as compared to the Investment Manager's monthly statement.

Fair Value of individual securities has been provided by Chandler Asset Management. The City utilizes Principal Financial as its third-party safekeeping custodian for safekeeping of all investments except for the Local Agency Investment Fund (LAIF). LAIF, being a money market fund administered by the State Treasurer, has many governmental agency participants and holds securities through its own administrator.

The share of each fund in the City's pooled cash as of June 30, 2025, is as follows:

Water Fund 26.1%
Capital Project Funds 18.5%
General Fund 17.5%
Risk Funds 13.4%
LMD Funds 7.8%
All other funds 16.8%

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Date: August 4, 2026
Subject: CITY TREASURER’S QUARTERLY INVESTMENT REPORT

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Total 100%

Condensed investment information as of June 30, 2026, is as follows:

Condensed earnings and return information as of June 30, 2026, is as follows:

Current Quarter Fiscal Year-to-
Date
Portfolio Investment Earnings:

City of Vallejo (Realized earnings)2 $ 2,641,467 $ 10,895,425 City of Vallejo (Unrealized earnings) $ (1,179,791) $ (2,026,691)

Net Change in Portfolio Fair Value Balance3:

City of Vallejo $ 23,852,833 $ 18,011,258

Approximate Portfolio Rate-of-Return:

City of Vallejo - Yield to Maturity4 3.84%

BENCHMARK COMPARISON RATE-OF-RETURN5:

Local Agency Investment Fund5 3.98%
2-Year U.S. Treasury Note Yield 0.04%
1 In accordance with Government Code Section 53646, the Fair Value of the Local Agency Investment Fund (LAIF) represents the value from the June 30, 2026, LAIF statement and has not been adjusted by the “Amortized Cost Factor”, which is used in adjusting the statement balance to the actual “Fair Value” balance. 2 The City records interest income on a cash basis, whereas the attached statement uses the accrual basis. Since the accrual basis includes interest income earned but not received, there is a timing difference in recording the interest income between the City’s books and the attached statement. This difference will be trued up at fiscal year-end. 3 The “Net Change in Portfolio Fair Value Balance” is primarily a measure of the difference in the inflows and outflows of funds during the period. The change is primarily due to the timing of the receipt of property tax revenues, which are received in December and April of each year, and the timing of the City making withdrawals in the ordinary course of business to pay for expenses. 4 Yield to Maturity is the interest income the portfolio will earn for the next twelve months expressed as a percentage. Yield to maturity assumes no changes during that twelve-month period. 5 These are the performance benchmarks stated in the City’s Investment Policy. LAIF rate of return is as of March 31, 2026.

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Date: August 4, 2026
Subject: CITY TREASURER’S QUARTERLY INVESTMENT REPORT

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COMPLIANCE
All investment transactions were executed in accordance with the California Government Code and the City’s Investment Policies. In accordance with California Government Code section 53646(b)(3), staff believes that the investments and budgeted revenues for the City will provide sufficient cash flow to meet the anticipated cash flow requirements of each entity for the next six months.

Pooled cash and investments book balances are adjusted annually to reflect fair value as required by Generally Accepted Accounting Principles. The term fair value was formerly known as market value and became effective with the mandatory implementation of GASB 31 in fiscal year 1998. The attached investment schedules meet these requirements.

It should be noted that this is an investment portfolio report and does not include bank checking account deposits for the City. The Housing Authority is not required to file a quarterly report because it does not have any reportable investments since it closed its investment account and transferred all funds to its bank account, which is covered by a general depository agreement, as required by HUD.

FISCAL IMPACT
There is no fiscal impact from this report. The City's portfolio had total investment earnings of $2,641,467 during the three-month period ending June 30, 2026. In addition, the portfolio also had a cumulative fair value versus cost value unrealized, non-cash loss of approximately $2,026,691 as of June 30, 2026. Fair value fluctuates from one period to another depending on the changes in interest rates and the supply and demand for bonds at a particular time. Therefore, there is often a difference between the cost value (the value at the time of purchase) and the fair value (the market value of the same security at a certain later period), creating an unrealized gain or loss.

ENVIRONMENTAL REVIEW
This action is exempt from the California Environmental Quality Act (CEQA) because it is not a project which has a potential for resulting in either a direct physical change in the environment, or a reasonably foreseeable indirect physical change in the environment, pursuant to CEQA Guideline section 15378.

ATTACHMENTS

1. City of Vallejo and Economic Account Analysis 06-30-26

CONTACT
Florita Cruz, Assistant Finance Director, (707) 648-5542 [email protected]

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INVESTMENT REPORT
City of Vallejo | As of June 30, 2026
CHANDLER ASSET MANAGEMENT | chandlerasset.com
Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

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TABLE OF CONTENTS

ECONOMIC UPDATE

ACCOUNT PROFILE

CONSOLIDATED INFORMATION

PORTFOLIO HOLDINGS

TRANSACTIONS
1

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ECONOMIC UPDATE
2

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▪
▪
▪
Energy prices and inflation remained the primary drivers of the macro backdrop as the U.S.-Israel-Iran conflict entered its third month, disrupting global oil supply. Headline CPI accelerated at the fastest pace in more than three years, reflecting volatility in the energy component. Crude oil, however, retraced roughly 20% from its May–early June peak as diplomatic progress between the United States and Iran pointed to a potential framework for de-escalation. The labor market remained resilient, with continued payroll growth and subdued jobless claims. Risk assets held firm, as equities hovered near record highs and credit spreads remained historically tight amid broadly better-than-expected corporate earnings. Taken together, the current market environment has further constrained the case for near-term monetary policy easing, leading the Chandler team to push out its expected timing for rate cuts beyond the six-month investment horizon.

The Federal Reserve’s June FOMC meeting ended with policymakers unanimously holding the target range at 3.50%–3.75%, a notable shift from the8–4 split at April’s meeting, which marked JeromePowell’s final session as Chair. Under new Chair Kevin Warsh, sworn in on May 22, the Committee released an unusually concise statement that referenced Middle East tensions and energy supply disruptions while removing prior forward guidance that had suggested a bias toward rate cuts. Updated projections leaned more hawkish, with 9 of 18 officials expecting at least one rate hike this year and 6 anticipating multiple increases. The shift signals that restoring price stability has reemerged as the central focus of monetary policy deliberations.

The Treasury yield curve flattened modestly in June as short-term yields responded to a more hawkish shift in Federal Reserve guidance.

The 2-year yield rose to 4.15% from 3.98% the prior month, while the 10-year yield edged down slightly to 4.44% from 4.45%. As a result, the 2s/10s spread narrowed to 29 basis points, down from roughly 47 basis points a month earlier and significantly below the 69 basis point spread at the start of the year. Meanwhile, the 3-month/10-year spread remained positive at 64 basis points. Front-end rates absorbed the bulk of the Fed’s updated rate outlook, while longer maturities were partly anchored by a late-month decline in oil prices.

ECONOMIC UPDATE
3

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-400
-200
0 200
400
600
800
1,000MOM Change In Thousands (000's)
Nonfarm Payroll (000's)
Non-farm Payroll (000's)
3-month average (000's)

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%
Unemployment Rate
Underemployment Rate (U6)
Unemployment Rate (U3)
Rate (%)
Nonfarm payrolls increased by just 57,000 in June, well below the 113,000 consensus and marking a sharp slowdown from May’s pace. The unemployment rate edged down to 4.2%, though the decline was driven by a drop in labor force participation to 61.5%, its lowest level since March 2021. Revisions further weakened the report’s signal. April payrolls were revised down by 31,000 to 148,000, while May was lowered by 43,000 to 129,000, resulting in a combined two-month downward revision of 74,000.

Source: US Department of Labor Source: US Department of Labor

EMPLOYMENT
4

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0 2,000
4,000
6,000
8,000
10,000
12,000
14,000
Job Openings
Recession
Historical Average
In Thousands (000's)
Job openings were essentially unchanged at 7.6 million in May, remaining elevated by historical standards even as hiring momentum moderates. Gains in wholesale trade and accommodation and food services were offsetby declines in health care and social assistance, as well as finance and insurance. April openings were revised down by 33,000 to 7.6 million, while hires were revised up by 99,000, highlighting ongoing churn but a broadly stable labor market backdrop.

Source: US Department of Labor

JOB OPENINGS & LABOR TURNOVER SURVEY
5

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Source: Bloomberg Indices Source: Bloomberg Indices

ENERGY MARKETS
Crude oil prices declined sharply in June as supply disruptions tied to the Middle East conflict began to ease. Tanker traffic through the Strait of Hormuz normalized, and signs of progress in U.S.–Iran negotiations helped unwind the geopolitical risk premium that had driven prices higher earlier in the year. West Texas Intermediate settled near $69.37 per barrel on June 30, while Brent crude closed around $72.96, both well below their recent peaks. Brent’s 21% monthly decline marked its steepest drop since March 2020, while WTI fell more than 20%, its largest monthly loss since late 2021. Beyond crude, broader energy markets also softened. Refined product cracks narrowed as gasoline and diesel demand showed signs of seasonal moderation, while U.S. natural gas prices remained range-bound amid ample storage and steady production. Taken together, the retracement in oil and broader energy prices reflects a rapid compression in geopolitical risk premia and improved near-term supply visibility, even as underlying structural risks in the region remain unresolved.

2.00 2.50

3.00 3.50

4.00 4.50

5.00 5.50

6.00 6.50
US Fuel Prices
Average Retail Price US Diesel
Average Retail Price US Gas
($) Per Gallon
40 60
80 100
120
140
160
Oil Prices
West Texas Intermediate (WTI Spot Cushing)
Dated Brent (Global Spot)
Price Per Barrel (WTI Spot)
6

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0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%
Personal Consumption Expenditures (PCE)
PCE Price Deflator YOY %
Change
PCE Core Deflator YOY %
Change
Fed Target
YOY (%) Change

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Consumer Price Index (CPI)
CPI YOY % Change
Core CPI YOY % Change
YOY (%) Change
Inflation firmed in May, with the Personal Consumption Expenditures (PCE) price index rising 0.4% on the month and 4.1% year over year, up from 3.8% in April and marking the highest annual rate of the current cycle. Core PCE, which excludes food and energy, increased 0.3% in May and 3.4% over the year. Energy prices remained the primary driverof the headline acceleration, reflecting supply disruptions tied to the Iranian conflict. A similar pattern was evident in the headline Consumer Price Index (CPI), which rose 0.5% on the month and 4.2% year over year, the fastest annual pace since 2023. Energy prices climbed 3.9% in May and 23.5% from a year earlier, largely due to crude oil reaching a four-year high. In contrast, core CPI rose a more modest 0.2% on the month and 2.9% year over year, indicating that inflation pressures remain concentrated in energy rather than broad-based.

Source: US Department of Labor Source: US Department of Commerce

INFLATION
7

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0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%
Retail Sales YOY % Change
YOY (%) Change
Retail sales rose a robust 0.9% in May to $763.7 billion, nearly double the pace economists had penciled in and an acceleration from April's downwardly revised 0.4% gain. The closely watched control group, which feeds directly into gross domestic product calculations, advanced

0.7%, pointing to durable underlying demand. Gasoline station receipts roseas energy prices stayed high, while auto sales rebounded after an April pullback. The Conference Board's Consumer Confidence Index tickedup 0.6 points to 91.2 in June, though the improvement masked a further deterioration in how households view the job market, with the share calling jobs ‘hard-to-get’ climbing to a five year high.

Spending has proven more resilient than sentiment across recent months. 0 20
40 60
80 100
120
140
160
Index Level
Consumer Confidence
Recession
Source: US Department of Commerce Source: The Conference Board All time high is 144.70 (1/31/00); All time low is 25.30 (2/28/09)

CONSUMER
8

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-25.0%
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%
Leading Economic Indicators (LEI)
Recession
YOY (%) Change
-1.00
-0.75
-0.50
-0.25

0.00 0.25

0.50 0.75

1.00 Chicago Fed National Activity Index (CFNAI)
Recession
3 Month Average
The Conference Board’s Leading Economic Index (LEI) edged up 0.1% in May to 99.3, following a revised 0.2% increase in April. Despite the monthly gains, the LEI’s six- and twelve-month growth rates remained negative at -0.6% and -1.5%, respectively. The advance was driven primarily by financial components, including equity prices and the interest rate spread, while consumer expectations continuedto weigh on the index. The Chicago Fed National Activity Index fell to -0.10 in May from an upwardly revised 0.19 in April. Production-related and employment-related indicators each subtracted from the index, while the sales, orders, and inventories category made a small positive contribution.

Source: The Conference Board Source: Federal Reserve Bank of Chicago

LEADING INDICATORS OF ECONOMIC ACTIVITY
9

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0 200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2,200
2,400
In Thousands of Units
Annualized Housing Starts
Multi Family Housing Starts
Single Family Housing Starts
Housing starts declined sharply in May to a seasonally adjusted annual rate of 1,177,000, a 15.4% drop from a downwardly revised 1,392,000 in April. The pullback was driven primarily by multifamily construction, while single-family starts edged down a more modest

1.9% to 882,000; total multifamily starts came in at 295,000 units. The S&P CoreLogic Case-Shiller 20-City Composite rose 1.1% year over year in April, marking its first pickup since November 2025, following an upwardly revised 0.9% gain in March. Freddie Mac’s average 30- year fixed mortgage rate increased to 6.44% in May from 6.33% in April, reinforcing ongoing affordability constraints for prospective buyers.

Source: US Department of Commerce Source: S&P
-20.0%
-16.0%
-12.0%
-8.0%
-4.0%

0.0%

4.0%

8.0%

12.0%

16.0%

20.0%

24.0%
S&P/Case-Shiller 20 City Composite Home Price Index
Recession
YOY (%) Change

HOUSING
10

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40 45
50 55
60 65
70 Institute of Supply Management (ISM) Surveys
ISM Manufacturing ISM Services

EXPANDING

CONTRACTING
Manufacturing activity cooled slightly in June, with the Institute for Supply Management's Manufacturing Index easing to 53.3%, down 0.7 percentage point from May but still marking a sixth consecutive month of expansion. Services activity also moderated, as the ISM Services Index eased to 54.0% from 54.5%, a twenty-fourth consecutive monthin expansion territory. Business activity and new orders both slowed, though the employment component jumpedto 51.2% from 47.9%, its strongest reading since late 2021 and the first expansion in services hiring in four months.

Source: Institute for Supply Management

PURCHASING MANAGERS INDEX (PMI)
11

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Components of GDP 6/25 9/25 12/25 3/26

1.7% 2.3% 1.3% 0.4%
-2.7% 0.0% 0.4% 1.4%

4.8% 1.6% -0.2% -0.4%
-0.4% 0.2% -1.2% 0.6%

0.3% 0.2% 0.2% 0.2%

3.8% 4.4% 0.5% 2.1%
Personal Consumption Expenditures
Gross Private Domestic Investment
Net Exports and Imports
Federal Government Expenditures
Total
State and Local (Consumption and Gross
Investment)
-2.0%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Source: US Department of Commerce Source: US Department of Commerce Real gross domestic product increased at an annualized rate of 2.1% in the first quarter of 2026, according to the Bureau of Economic Analysis’ third estimate, up from 1.6%in the prior estimate andan acceleration from 0.5% in the fourth quarterof 2025. The 0.5 percentage point upward revision was driven primarily by a downward revision to imports—which subtract from GDP—partly offset by a downward revision to consumer spending.

GROSS DOMESTIC PRODUCT (GDP)
12

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Source: Federal Reserve Source: Bloomberg
0 1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
Federal Reserve Balance Sheet Assets
Recession
In $ millions
The Federal Open Market Committee (FOMC) held the target range for the federal funds rate at 3.50% to 3.75% at its June 16–17 meeting, with a unanimous 12–0 vote. This marked a notable shift from the Aprilmeeting—Jerome Powell’slast as chair—which saw four dissents in an 8–4 decision. The return to consensus under Chair Kevin Warsh signals a clear change in tone. Minutes from the June meeting are scheduled for release in early July. The June Summaryof Economic Projections reflected a more hawkish outlook. The median projection for the federal funds rate at year-end 2026 rose to 3.8%, up from 3.4%in March, before easing to 3.6% in 2027 and 3.4% in 2028. Officials also revised their inflation forecasts, with headline PCE projected at 3.6% in 2026 (from 2.7%) and core PCE at 3.3%. By contrast, median projections for real GDP growth and the unemployment rate—2.2% and 4.3%, respectively—were little changed.

FEDERAL RESERVE

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%
Effective Federal Funds Rate
Recession
Yield (%)
13

Page 25 of 536 ends

Source: Bloomberg Source: Bloomberg

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
US Treasury Note Yields
2-Year
5-Year
10-Year
Yield (%)

2.0%

2.5%

3.0%

3.5%

4.0%

4.5%

5.0%

5.5%
US Treasury Yield Curve
Jun-26
Mar-26
Jun-25
Yield (%)
Treasury yields ended June mixed, with a modest flattening across the curve as markets digested a more hawkish Federal Reserve signal.

The 2-year yield rose to 4.15% from 3.98% at the end of May, while the 10-year yield edged down to 4.44% from 4.45%. The 2s/10s spread narrowedto 29 basis points, down from 47 basis points a month earlier. The 3-month/10-year spread remained positive at roughly 64 basis points at month-end. Relativeto the 69 basis point spread at the start of 2026, the curve has flattened materially year to date, reflecting a repricing higher in front-end rates as expectations shift toward the possibility of further Fed tightening rather than easing.

BOND YIELDS
14

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ACCOUNT PROFILE
15

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OBJECTIVES
Investment Objectives
The investment objectives for the City of Vallejo, in order of priority, are to provide safety to ensure the preservation of capital in the overall portfolio, provide sufficient liquidity for cash needs, and a market rate of return consistent with the investment program.

Chandler Asset Management Performance Objective
The performance objective for the portfolio is to earn a total rate of return through a market cycle that is equal to or above the return on the benchmark index.

Strategy
In order to achieve this objective, the portfolio invests in high-quality fixed income securities that comply with the investment policy and all regulations governing the funds. 16

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STATEMENT OF COMPLIANCE
City of Vallejo | Account #260 | As of June 30, 2026
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES
Max % (MV) 50.0 10.3 Compliant
Max % Issuer (MV) 30.0 10.3 Compliant
Max Maturity (Years) 5.0 4.6 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (MV) 20.0 7.4 Compliant
Max % Issuer (MV) 5.0 1.3 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

BANKERS' ACCEPTANCES
Max % (MV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 180 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

COLLATERALIZED TIME DEPOSITS (NON-

NEGOTIABLE CD/TD)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant

COMMERCIAL PAPER
Max % (MV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (MV) 30.0 24.7 Compliant
Max % Issuer (MV) 5.0 1.5 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant
17

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STATEMENT OF COMPLIANCE
City of Vallejo | Account #260 | As of June 30, 2026
Rules Name Limit Actual Compliance
Status Notes

FDIC INSURED TIME DEPOSITS (NON-NEGOTIABLE
CD/TD)
Max % (MV) 20.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 50.0 2.1 Compliant
Max % Issuer (MV) 30.0 1.6 Compliant
Max Callables (MV) 20.0 0.0 Compliant
Max Maturity (Years) 5 2 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 0.0 Compliant

LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (MV) 100.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (MV) 20.0 0.3 Compliant
Max % Issuer (MV) 5.0 0.3 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

MORTGAGE -BACKED SECURITIES (NON-AGENCY)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (MV) 10.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (MV) 10.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
18

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STATEMENT OF COMPLIANCE
City of Vallejo | Account #260 | As of June 30, 2026
Rules Name Limit Actual Compliance
Status Notes
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUTUAL FUNDS
Max % (MV) 10.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

NEGOTIABLE CERTIFICATES OF DEPOSIT (NCD)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1 if > FDIC Limit) 0.0 0.0 Compliant

REPURCHASE AGREEMENTS
Max % (MV) 20.0 0.0 Compliant
Max Maturity (Years) 1.0 0.0 Compliant

SRI PROHIBITED INVESTMENTS
Prohibited Investment - Fossil Fuels 0.0 0.0 Compliant
Prohibited Investments - Alcohol 0.0 0.0 Compliant
Prohibited Investments - Firearms 0.0 0.0 Compliant
Prohibited Investments - Tobacco 0.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 3.0 Compliant
Max % Issuer (MV) 10.0 2.1 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 52.1 Compliant
Max Maturity (Years) 5 4 Compliant
19

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PORTFOLIO CHARACTERISTICS
City of Vallejo | Account #260 | As of June 30, 2026
Benchmark* 6/30/2026
Portfolio
3/31/2026
Portfolio
Average Maturity (yrs) 2.64 2.90 2.89
Average Modified Duration 2.46 2.51 2.55
Average Purchase Yield 3.96% 3.92%
Average Market Yield 4.16% 4.30% 4.02%
Average Quality** AA+ AA+ AA
Total Market Value 190,348,381 189,685,739
*Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index **The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 20

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SECTOR DISTRIBUTION
City of Vallejo | Account #260 | As of June 30, 2026
Sector as a Percentage of Market Value
Sector 06/30/2026 03/31/2026
US Treasury 52.09% 56.00%
Corporate 24.65% 26.23%
Agency CMBS 10.40% 8.37%
ABS 7.44% 3.17%
Supras 3.02% 3.06%
Agency 2.13% 2.15%
Money Mkt Fd 0.27% 1.01%
21

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DURATION DISTRIBUTION
City of Vallejo | Account #260 | As of June 30, 2026
Portfolio Compared to the Benchmark
0-.25 .25-.5 .5-1 1-2 2-3 3-4 4-5 5-7 7+
Portfolio 2.0% 1.3% 5.9% 25.7% 28.4% 27.7% 9.0% 0.0% 0.0% ICE BofA 1-5 Year Unsubordinated US Treasury &
Agency Index 0.0% 0.0% 2.5% 36.2% 28.4% 20.6% 12.3% 0.0% 0.0% 22

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QUALITY DISTRIBUTION
City of Vallejo | Account #260 | As of June 30, 2026
S&P Rating Moody’s Rating Fitch Rating
Rating 06/30/2026 03/31/2026
AAA 10.53% 7.59%
AA 68.34% 69.47%
A 16.45% 18.62%
BBB 1.70% 1.84%
NA 2.97% 2.48%
Rating 06/30/2026 03/31/2026
Aaa 7.47% 6.69%
Aa 69.39% 70.77%
A 18.78% 20.85%
NA 4.36% 1.68%
Rating 06/30/2026 03/31/2026
AAA 15.16% 10.65%
AA 61.90% 67.27%
A 10.56% 10.79%
NA 12.39% 11.29%
23

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INVESTMENT PERFORMANCE
City of Vallejo | Account #260 | As of June 30, 2026
Total Rate of Return: Inception | 01/01/2002
TOTAL RATE OF RETURN* 3 Months 12 Months 2 Years 3 Years 5 Years 10 Years Since Inception City of Vallejo 0.36% 2.99% 4.66% 4.68% 1.91% 1.93% 2.74% Benchmark 0.24% 2.71% 4.37% 4.30% 1.52% 1.64% 2.52%
*Periods over 1 year are annualized.

Total rate of return: A measure of a portfolio’s performance over time. It is the internal rate of return, which equates the beginning value of the portfolio with the ending market value; it includes interest earnings, realized and unrealized gains and losses in the portfolio.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index 24

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HISTORICAL AVERAGE PURCHASE YIELD
City of Vallejo | Account #260 | As of June 30, 2026
Purchase Yield as of 06/30/26 = 3.96%
25

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PORTFOLIO CHARACTERISTICS
City of Vallejo Reporting Account | Account #261 | As of June 30, 2026 6/30/2026
Portfolio
3/31/2026
Portfolio
Average Maturity (yrs) 0.00 0.00
Average Modified Duration 0.00 0.00
Average Purchase Yield 3.65% 3.69%
Average Market Yield 3.65% 3.69%
Average Quality** AAA AAA
Total Market Value 133,130,768 106,737,920
*Benchmark: NO BENCHMARK REQUIRED
**The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 26

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SECTOR DISTRIBUTION
City of Vallejo Reporting Account | Account #261 | As of June 30, 2026 Sector as a Percentage of Market Value
Sector 06/30/2026 03/31/2026
Money Mkt Fd 55.76% 45.35%
LAIF 43.82% 54.13%
Cash 0.42% 0.52%
27

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PORTFOLIO CHARACTERISTICS
City of Vallejo Bond Proceeds | Account #10824 | As of June 30, 2026 6/30/2026
Portfolio
3/31/2026
Portfolio
Average Maturity (yrs) 24.84 25.08
Average Modified Duration 24.84 25.16
Average Purchase Yield 0.00% 0.00%
Average Market Yield 0.00% 0.00%
Average Quality** AAA AAA
Total Market Value 28,480,295 33,409,186
*Benchmark: NO BENCHMARK REQUIRED
**The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 28

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SECTOR DISTRIBUTION
City of Vallejo Bond Proceeds | Account #10824 | As of June 30, 2026 Sector as a Percentage of Market Value
Sector 06/30/2026 03/31/2026
US Trsy SLGS 100.00% 99.98%
29

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CONSOLIDATED INFORMATION
30

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PORTFOLIO CHARACTERISTICS
City of Vallejo Cons Portfolio | Account #262 | As of June 30, 2026 6/30/2026
Portfolio
3/31/2026
Portfolio
Average Maturity (yrs) 1.70 1.84
Average Modified Duration 1.47 1.62
Average Purchase Yield 3.83% 3.84%
Average Market Yield 4.03% 3.90%
Average Quality** AA+ AA
Total Market Value 323,479,149 296,423,659
*Benchmark: NO BENCHMARK REQUIRED
**The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 31

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SECTOR DISTRIBUTION
City of Vallejo Cons Portfolio | Account #262 | As of June 30, 2026 Sector as a Percentage of Market Value
Sector 06/30/2026 03/31/2026
US Treasury 30.56% 35.74%
Money Mkt Fd 23.21% 17.05%
LAIF 18.12% 19.59%
Corporate 14.46% 16.74%
Agency CMBS 6.10% 5.34%
ABS 4.36% 2.02%
Supras 1.77% 1.95%
Agency 1.25% 1.37%
Cash 0.17% 0.19%
32

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DURATION DISTRIBUTION
City of Vallejo Cons Portfolio | Account #262 | As of June 30, 2026 Date 0-.25 .25-.5 .5-1 1-2 2-3 3-4 4-5 5-7 7+
06/30/2026 42.3% 0.8% 3.5% 15.1% 16.7% 16.3% 5.3% 0.0% 0.0% 03/31/2026 36.8% 1.5% 3.4% 15.1% 20.5% 13.8% 8.8% 0.0% 0.0% 33

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QUALITY DISTRIBUTION
City of Vallejo Cons Portfolio | Account #262 | As of June 30, 2026 S&P Rating Moody’s Rating Fitch Rating
Rating 06/30/2026 03/31/2026
AAA 6.37% 5.05%
AA 40.22% 44.46%
A 9.68% 11.91%
BBB 1.00% 1.18%
NA 42.73% 37.41%
Rating 06/30/2026 03/31/2026
Aaa 4.57% 4.47%
Aa 40.83% 45.29%
A 11.05% 13.34%
NA 43.55% 36.90%
Rating 06/30/2026 03/31/2026
AAA 9.09% 7.00%
AA 36.42% 43.05%
A 6.21% 6.91%
NA 48.27% 43.04%
34

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HISTORICAL AVERAGE PURCHASE YIELD
City of Vallejo Cons Portfolio | Account #262 | As of June 30, 2026 Purchase Yield as of 06/30/26 = 3.83%
35

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PORTFOLIO HOLDINGS
36

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HOLDINGS REPORT
City of Vallejo | Account #260 | As of June 30, 2026
Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
58768PAC8 MBART 2022-1 A3 5.21
08/16/2027 4,005.89 11/15/2022

5.27%
4,005.10
4,005.71
100.05

3.85%
4,008.05

9.28 0.00%

2.34 Aaa/AAA
NA

1.13 0.04
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028 30,787.06 07/11/2023

5.47%
30,781.61
30,785.11
100.33

4.10%
30,888.17

28.07 0.02%
103.06
NA/AAA
AAA

1.66 0.23
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 1,005,000.00 09/07/2023

5.23%
1,004,721.41
1,004,876.94
100.25

3.96%
1,007,531.60
2,304.80

0.53%
2,654.65
NA/AAA
AAA

2.21 0.20
05594HAD5 BMWLT 2025-2 A3 3.97
09/25/2028 525,000.00 10/08/2025

4.32%
524,998.53
524,998.88

99.67 4.34%
523,292.70
347.38

0.28%
(1,706.18)
NA/AAA
AAA

2.24 0.97
36275AAD1 GMALT 2026-2 A3 4.3 03/20/2029 1,615,000.00 --

4.44%
1,613,058.46
1,613,078.37

99.86 4.43%
1,612,667.94
1,736.13

0.85%
(410.43)
NA/AAA
AAA

2.72 1.57
34535VAD6 FORDO 2024-D A3 4.61
08/15/2029 580,000.00 11/19/2024

4.66%
579,981.38
579,987.70
100.30

4.32%
581,746.96
1,188.36

0.31%
1,759.26
Aaa/NA
AAA

3.13 0.90
47800DAD6 JDOT 2025 A3 4.23 09/17/2029 475,000.00 03/04/2025

5.09%
474,970.12
474,978.75

99.88 4.35%
474,411.48
893.00

0.25%
(567.28)
Aaa/NA
AAA

3.22 1.47
44935CAD3 HART 2025-A A3 4.32 10/15/2029 600,000.00 03/04/2025

4.84%
599,911.50
599,936.60
100.05

4.31%
600,276.00
1,152.00

0.32%
339.40
NA/AAA
AAA

3.29 0.95
58770YAD3 MBALT 2026-A A3 3.93
01/15/2030 520,000.00 01/13/2026

3.97%
519,896.88
519,908.29

99.21 4.40%
515,909.16
908.27

0.27%
(3,999.13)
Aaa/NA
AAA

3.54 1.78
34532BAG6 FORDO 2025-B A3 3.91
04/15/2030 490,000.00 09/23/2025

4.27%
489,947.13
489,955.97

99.24 4.42%
486,275.51
851.51

0.26%
(3,680.46)
Aaa/NA
AAA

3.79 1.60
89231GAD0 TAOT 2025-D A3 3.84 06/17/2030 630,000.00 10/15/2025

4.27%
629,927.55
629,938.26

99.25 4.37%
625,271.85
1,075.20

0.33%
(4,666.41)
NA/AAA
AAA

3.96 1.52
47787DAD3 JDOT 2026 A3 3.87 08/15/2030 635,000.00 03/10/2026

4.49%
634,887.48
634,894.81

98.68 4.46%
626,590.06
1,092.20

0.33%
(8,304.75)
Aaa/NA
AAA

4.13 2.38
58769MAD2 MBART 261 A3 4.36 10/15/2030 1,365,000.00 05/12/2026

4.60%
1,364,702.70
1,364,710.46

99.81 4.49%
1,362,435.17
2,645.07

0.72%
(2,275.30)
NA/AAA
AAA

4.29 2.07
43814YAD3 HAROT 2026-2 A3 4.3 11/15/2030 1,400,000.00 05/05/2026

3.02%
1,399,959.54
1,399,960.74

99.74 4.46%
1,396,420.20
2,675.56

0.74%
(3,540.54)
Aaa/AAA
NA

4.38 2.14
89240QAD7 TAOT 2026-B A3 4.13 12/16/2030 690,000.00 04/14/2026

4.27%
689,854.48
689,860.56

99.42 4.46%
685,975.92
1,266.53

0.36%
(3,884.64)
Aaa/AAA
NA

4.46 1.97
44935KAD5 HART 26B A3 4.81 02/18/2031 1,065,000.00 06/09/2026

4.86%
1,064,871.45
1,064,872.50
100.24

4.44%
1,067,560.26
1,992.14

0.57%
2,687.76
NA/AAA
AAA

4.64 2.20
37

Page 49 of 536 ends

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
92970QAK1 WFCIT 2026-1 A 4.08 04/16/2029 1,000,000.00 06/17/2026

4.36%
993,554.69
993,635.80

99.25 4.41%
992,460.00
1,813.33

0.53%
(1,175.80)
Aaa/NA
AAA

2.79 2.58
161571JA3 CHAIT 2026-1 A 4.4 05/15/2029 1,455,000.00 05/21/2026

4.45%
1,454,655.75
1,454,666.56
100.06

4.42%
1,455,942.84
5,868.50

0.77%
1,276.28
NA/AAA
AAA

2.87 2.63
14,074,685.76 99.75 14,049,663.85 7.44% 3.48
Total ABS 14,084,792.96 4.41% 14,075,052.03 4.38% 27,847.31 (25,388.17) 1.79 AGENCY
3130AWMN7 FEDERAL HOME LOAN BANKS

4.375 06/09/2028 1,000,000.00 07/26/2023

4.27%
1,004,500.00
1,001,793.42
100.40

4.16%
1,004,001.00
2,673.61

0.53%
2,207.58
Aa1/AA+
AA+

1.94 1.84
3130AWTR1 FEDERAL HOME LOAN BANKS

4.375 09/08/2028 1,000,000.00 09/21/2023

4.70%
985,570.00
993,632.65
100.40

4.18%
1,003,959.00
13,732.64

0.53%
10,326.35
Aa1/AA+
AA+

2.19 2.04
3133EPN50 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.25 12/15/2028 1,000,000.00 12/28/2023

3.88%
1,016,720.00
1,008,281.61
100.18

4.17%
1,001,795.00
1,888.89

0.53%
(6,486.61)
Aa1/AA+
AA+

2.46 2.31
3130AVBD3 FEDERAL HOME LOAN BANKS 4.5
03/09/2029 1,000,000.00 04/22/2024

4.71%
990,720.00
994,883.23
100.70

4.22%
1,006,997.00
14,000.00

0.53%
12,113.77
Aa1/AA+
AA+

2.69 2.48
3,997,510.00 100.42 4,016,752.00 2.13% 2.32
Total Agency 4,000,000.00 4.39% 3,998,590.92 4.18% 32,295.14 18,161.08 2.16

AGENCY CMBS
3137FBU79 FHMS K-069 A2 3.187 09/25/2027 1,440,889.26 12/10/2025

3.83%
1,423,159.57
1,428,776.34

98.59 4.25%
1,420,595.78
3,826.76

0.75%
(8,180.56)
Aa1/AAA
AA+

1.24 1.16
3137F4D41 FHMS K-074 A2 3.6 01/25/2028 1,185,325.22 02/10/2026

3.65%
1,181,991.50
1,182,661.16

98.76 4.32%
1,170,649.71
3,555.98

0.62%
(12,011.44)
Aa1/AA+
AAA

1.57 1.45
3137FG6X8 FHMS K-077 A2 3.85 05/25/2028 1,835,000.00 05/24/2023

4.65%
1,801,310.55
1,822,446.09

98.91 4.37%
1,814,978.32
5,887.29

0.96%
(7,467.77)
Aa1/AA+
AAA

1.90 1.72
3137FJZ93 FHMS K-084 A2 3.78 10/25/2028 2,000,000.00 12/08/2025

3.84%
1,993,203.13
1,994,542.61

98.46 4.43%
1,969,106.00
6,300.00

1.04%
(25,436.61)
Aaa/AA+
AA+

2.32 2.12
3137FLN91 FHMS K-091 A2 3.505 03/25/2029 2,000,000.00 12/04/2025

3.79%
1,980,312.50
1,983,721.88

97.59 4.43%
1,951,860.00
5,841.67

1.03%
(31,861.88)
Aa1/AAA
AA+

2.73 2.45
3137FMTY8 FHMS K-094 A2 2.903 06/25/2029 2,000,000.00 11/24/2025

3.79%
1,939,843.75
1,949,940.23

95.77 4.43%
1,915,358.00
4,838.33

1.01%
(34,582.23)
Aa1/AA+
AAA

2.99 2.73
38

Page 50 of 536 ends

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3137FRUT6 FHMS K-106 A2 2.069 01/25/2030 1,000,000.00 07/14/2025

4.25%
911,445.31
930,417.43

92.25 4.44%
922,478.00
1,724.17

0.49%
(7,939.43)
Aa1/AA+
AAA

3.57 3.33
3137FX3Q9 FHMS K-117 A2 1.406 08/25/2030 2,500,000.00 --

4.45%
2,215,683.60
2,219,633.79

88.69 4.46%
2,217,322.50
2,929.17

1.17%
(2,311.29)
Aa1/AA+
AAA

4.15 3.88
3137F8ZV8 FHMS K-123 A2 1.621 12/25/2030 2,000,000.00 04/22/2026

4.13%
1,792,421.88
1,800,457.96

88.77 4.46%
1,775,346.00
2,701.67

0.94%
(25,111.96)
Aa1/AA+
AAA

4.49 4.13
3137F9Z79 FHMS K-125 A2 1.846 01/25/2031 3,000,000.00 --

4.08%
2,703,339.84
2,728,198.52

89.37 4.46%
2,681,103.00
4,615.00

1.42%
(47,095.52)
Aa1/AA+
AAA

4.57 4.22
3137FXZ35 FHMS K-127 A2 2.108 01/25/2031 2,000,000.00 02/03/2026

4.11%
1,821,875.00
1,836,304.12

90.37 4.46%
1,807,456.00
3,513.33

0.96%
(28,848.12)
Aa1/AA+
AAA

4.57 4.22
19,764,586.63 93.93 19,646,253.30 10.40% 3.24
Total Agency CMBS 20,961,214.48 4.06% 19,877,100.13 4.42% 45,733.36 (230,846.83) 2.98 CASH
CCYUSD Receivable 2,653.02 -- 2,653.02
2,653.02

1.00 2,653.02

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00
2,653.02 1.00 2,653.02 0.00% 0.00
Total Cash 2,653.02 2,653.02 0.00 0.00 0.00

CORPORATE
87612EBM7 TARGET CORP 1.95 01/15/2027 545,000.00 01/19/2022

1.99%
544,073.50
544,899.04

98.83 4.16%
538,633.31
4,900.46

0.29%
(6,265.73)
A2/A
NA

0.54 0.52
808513BY0 CHARLES SCHWAB CORP 2.45
03/03/2027 1,000,000.00 --

2.76%
985,444.30
998,032.34

98.80 4.27%
988,041.00
8,030.56

0.52%
(9,991.34)
A2/A-
A

0.67 0.65
084664CZ2 BERKSHIRE HATHAWAY FINANCE
CORP 2.3 03/15/2027 1,095,000.00 03/07/2022

2.30%
1,094,791.95
1,094,970.72

98.68 4.21%
1,080,553.67
7,415.58

0.57%
(14,417.05)
Aa2/AA
A+

0.71 0.69
14913R3A3 CATERPILLAR FINANCIAL SERVICES
CORP 3.6 08/12/2027 700,000.00 08/22/2022

3.81%
693,301.00
698,496.97

99.32 4.23%
695,214.10
9,730.00

0.37%
(3,282.87)
A1/A
A+

1.12 1.06
06406RAB3 BANK OF NEW YORK MELLON
CORP 3.442 02/07/2028 1,000,000.00 04/26/2023

4.99%
961,850.00
993,894.90

99.54 4.75%
995,430.00
13,768.00

0.53%
1,535.11
Aa3/A
AA-

1.61 0.58
74456QBU9 PUBLIC SERVICE ELECTRIC AND
GAS CO 3.7 05/01/2028 1,250,000.00 09/06/2023

5.10%
1,178,487.50
1,221,765.84

98.80 4.39%
1,234,946.25
7,708.33

0.65%
13,180.41
A1/A
NA

1.84 1.74
39

Page 51 of 536 ends

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
037833ET3 APPLE INC 4.0 05/10/2028 205,000.00 05/08/2023

4.04%
204,604.35
204,852.96

99.60 4.22%
204,177.13
1,161.67

0.11%
(675.83)
Aaa/AA+
NA

1.86 1.76
95000U2A0 WELLS FARGO & CO 3.584
05/22/2028 2,000,000.00 12/10/2025

4.61%
1,984,800.00
1,988,238.30

99.16 4.96%
1,983,284.00
7,765.33

1.05%
(4,954.30)
A1/BBB+
A+

1.90 0.86
02665WEM9 AMERICAN HONDA FINANCE
CORP 5.125 07/07/2028 1,200,000.00 08/17/2023

5.33%
1,189,428.00
1,195,627.63
100.88

4.66%
1,210,564.80
29,725.00

0.64%
14,937.17
A3/BBB+
A-

2.02 1.85
64952WFP3 NEW YORK LIFE GLOBAL FUNDING

4.15 07/25/2028 2,000,000.00 12/23/2025

3.94%
2,010,080.00
2,008,061.86

99.31 4.50%
1,986,258.00
35,966.67

1.05%
(21,803.86)
Aa1/AA+
AAA

2.07 1.92
69371RU20 PACCAR FINANCIAL CORP 4.0
11/07/2028 1,200,000.00 11/25/2025

3.78%
1,207,380.00
1,205,893.04

99.34 4.30%
1,192,106.40
7,200.00

0.63%
(13,786.64)
A1/A+
NA

2.36 2.21
61776NZU0 MORGAN STANLEY PRIVATE BANK
NA 4.204 11/17/2028 1,000,000.00 12/10/2025

4.13%
1,001,340.00
1,000,956.60

99.49 4.52%
994,877.00
5,138.22

0.53%
(6,079.60)
Aa3/A+
AA

2.38 1.32
89236TFT7 TOYOTA MOTOR CREDIT CORP

3.65 01/08/2029 1,500,000.00 11/25/2025

3.92%
1,488,270.00
1,490,504.78

98.19 4.42%
1,472,785.50
26,310.42

0.78%
(17,719.28)
A1/A+
A+

2.53 2.33
24422EXH7 JOHN DEERE CAPITAL CORP 4.5
01/16/2029 1,200,000.00 04/23/2024

5.08%
1,170,792.00
1,184,271.31
100.26

4.39%
1,203,093.60
24,750.00

0.64%
18,822.29
A1/A
A+

2.55 2.33
06051GMK2 BANK OF AMERICA CORP 4.979
01/24/2029 450,000.00 01/28/2025

4.92%
450,702.00
450,368.39
100.55

4.56%
452,458.35
9,771.29

0.24%
2,089.96
A1/A-
AA-

2.57 1.46
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 1,200,000.00 01/24/2024

4.64%
1,198,044.00
1,198,988.28
100.64

4.33%
1,207,663.20
23,153.33

0.64%
8,674.92
A1/A+
NA

2.59 2.37
14913UAJ9 CATERPILLAR FINANCIAL SERVICES
CORP 4.85 02/27/2029 450,000.00 05/21/2024

4.84%
450,193.50
450,108.03
101.21

4.36%
455,463.00
7,517.50

0.24%
5,354.97
A1/A
A+

2.66 2.43
61747YFD2 MORGAN STANLEY 5.164
04/20/2029 1,200,000.00 05/30/2024

5.44%
1,188,336.00
1,194,586.92
100.79

4.88%
1,209,458.40
12,221.47

0.64%
14,871.48
A1/A-
A+

2.80 1.69
89236TMF9 TOYOTA MOTOR CREDIT CORP

5.05 05/16/2029 500,000.00 05/21/2024

5.01%
500,975.00
500,562.81
101.46

4.50%
507,277.00
3,156.25

0.27%
6,714.19
A1/A+
A+

2.88 2.64
91159HJM3 US BANCORP 5.775 06/12/2029 1,100,000.00 06/20/2024

5.26%
1,119,910.00
1,109,763.03
102.09

4.97%
1,122,944.90
3,352.71

0.59%
13,181.87
A3/A
A+

2.95 1.82
437076DC3 HOME DEPOT INC 4.75
06/25/2029 1,075,000.00 --

4.33%
1,093,949.25
1,086,741.78
100.99

4.39%
1,085,639.28
851.04

0.57%
(1,102.51)
A2/A
A

2.99 2.68
46647PAV8 JPMORGAN CHASE & CO 4.203
07/23/2029 1,300,000.00 --

4.84%
1,270,702.00
1,284,589.33

99.14 4.84%
1,288,870.70
23,980.45

0.68%
4,281.37
A1/A
AA-

3.06 1.92
857449AE2 STATE STREET BANK AND TRUST
CO 4.782 11/23/2029 1,250,000.00 01/15/2025

4.93%
1,241,875.00
1,244,309.75
101.01

4.46%
1,262,608.75
6,309.58

0.67%
18,299.00
Aa2/AA-
AA+

3.40 3.09
40

Page 52 of 536 ends

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
756109CC6 REALTY INCOME CORP 3.4
01/15/2030 1,250,000.00 12/04/2025

4.15%
1,215,000.00
1,219,846.87

95.76 4.71%
1,196,995.00
19,597.22

0.63%
(22,851.87)
A3/A-
NA

3.54 3.23
571748CA8 MARSH & MCLENNAN
COMPANIES INC 4.65 03/15/2030 1,995,000.00 --

4.52%
2,004,207.30
2,003,713.54

99.90 4.68%
1,992,983.06
27,314.88

1.06%
(10,730.48)
A3/A-
A-

3.71 3.32
00287YDZ9 ABBVIE INC 4.875 03/15/2030 2,200,000.00 --

4.27%
2,252,670.00
2,243,696.17
101.10

4.55%
2,224,213.20
31,579.17

1.18%
(19,482.97)
A2/A-
NA

3.71 3.25
74340XBM2 PROLOGIS LP 2.25 04/15/2030 1,200,000.00 11/24/2025

4.11%
1,111,128.00
1,123,221.69

91.79 4.64%
1,101,440.40
5,700.00

0.58%
(21,781.29)
A2/A
NA

3.79 3.55
24422EYE3 JOHN DEERE CAPITAL CORP 4.55
06/05/2030 1,200,000.00 12/04/2025

4.10%
1,221,792.00
1,219,033.18
100.13

4.51%
1,201,512.00
3,943.33

0.64%
(17,521.18)
A1/A
A+

3.93 3.55
46647PDF0 JPMORGAN CHASE & CO 4.565
06/14/2030 1,200,000.00 11/24/2025

4.19%
1,214,724.00
1,212,249.19

99.62 4.87%
1,195,495.20
2,586.83

0.63%
(16,753.99)
A1/A
AA-

3.96 2.73
06051GHV4 BANK OF AMERICA CORP 3.194
07/23/2030 1,000,000.00 12/04/2025

4.40%
966,490.00
970,611.87

95.58 4.87%
955,750.00
14,018.11

0.51%
(14,861.87)
A1/A-
AA-

4.06 2.83
828807DZ7 SIMON PROPERTY GROUP LP

4.375 10/01/2030 2,000,000.00 12/08/2025

4.27%
2,008,720.00
2,007,689.96

99.03 4.63%
1,980,618.00
21,875.00

1.05%
(27,071.96)
A3/A
NA

4.25 3.79
63743HGC0

NATIONAL RURAL UTILITIES
COOPERATIVE FINANCE CORP 4.3
12/10/2030
2,000,000.00 12/11/2025

4.21%
2,008,040.00
2,007,139.20

98.64 4.64%
1,972,836.00
5,016.67

1.04%
(34,303.20)
A2/NA
A

4.45 3.99
40139LBP7 GUARDIAN LIFE GLOBAL FUNDING

4.402 12/11/2030 1,000,000.00 12/08/2025

4.40%
1,000,000.00
1,000,000.00

98.68 4.73%
986,793.00
2,445.56

0.52%
(13,207.00)
Aa1/AA+
NA

4.45 3.98
14913UBH2 CATERPILLAR FINANCIAL SERVICES
CORP 4.15 01/08/2031 1,250,000.00 02/04/2026

4.19%
1,247,650.00
1,247,840.82

98.40 4.55%
1,229,995.00
24,928.82

0.65%
(17,845.82)
A1/A
A+

4.53 3.99
02079KBK2 ALPHABET INC 4.1 02/15/2031 2,000,000.00 02/12/2026

4.10%
2,000,117.04
2,000,107.78

98.26 4.52%
1,965,160.00
31,433.33

1.04%
(34,947.78)
Aa2/AA+
NA

4.63 4.10
023135DD5 AMAZON.COM INC 4.25
03/13/2031 2,000,000.00 05/05/2026

4.50%
1,978,660.00
1,979,334.40

98.47 4.62%
1,969,310.00
25,500.00

1.04%
(10,024.40)
A1/AA
AA-

4.70 4.16
14913V2D9 CATERPILLAR FINANCIAL SERVICES
CORP 4.5 05/15/2031 480,000.00 05/11/2026

4.53%
479,342.40
479,359.33

99.53 4.61%
477,729.12
2,760.00

0.25%
(1,630.21)
A1/A
A+

4.87 4.30
58933YCK9 MERCK & CO INC 4.65 05/22/2031 765,000.00 05/18/2026

4.66%
764,525.70
764,536.09
100.16

4.61%
766,250.78
3,853.69

0.41%
1,714.69
Aa3/A+
NA

4.89 4.31
67066GAR5 NVIDIA CORP 4.5 06/15/2031 970,000.00 06/15/2026

4.54%
968,157.00
968,170.14

99.65 4.58%
966,566.20
1,576.25

0.51%
(1,603.94)
Aa1/AA
NA

4.96 4.39
41

Page 53 of 536 ends

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total Corporate 46,930,000.00 4.35%
46,670,552.79
46,797,034.81

99.23 4.58%
46,555,995.28
504,012.71

24.65%
(241,039.53)

3.18 2.68

MONEY MARKET
FUND
94975H312 ALLSPRING:TRS+ MM S 505,153.05 --

3.30%
505,153.05
505,153.05

1.00 3.30%
505,153.05

0.00 0.27%

0.00 Aaa/AAAm
AAA

0.00 0.00
Total Money Market
Fund 505,153.05 3.30%
505,153.05
505,153.05

1.00 3.30%
505,153.05

0.00 0.27%

0.00 0.00

0.00 SUPRANATIONAL
45950KDD9 INTERNATIONAL FINANCE CORP

4.5 07/13/2028 520,000.00 07/06/2023

4.53%
519,422.80
519,765.27
100.63

4.17%
523,270.80
10,920.00

0.28%
3,505.53
Aaa/AAA
NA

2.04 1.89
4581X0EN4 INTER-AMERICAN DEVELOPMENT
BANK 4.125 02/15/2029 1,250,000.00 02/15/2024

4.31%
1,239,725.00
1,244,586.17

99.86 4.18%
1,248,228.75
19,479.17

0.66%
3,642.58
Aaa/AAA
NA

2.63 2.42
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
1,000,000.00 10/28/2024

4.14%
988,380.00
992,289.65

99.00 4.20%
990,033.00
8,070.00

0.52%
(2,256.65)
Aaa/AAA
NA

3.30 3.03
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
1,000,000.00 03/27/2025

4.22%
995,850.00
996,900.06

99.70 4.21%
996,988.00
11,572.92

0.53%

87.95 Aaa/AAA
NA

3.72 3.38
459058LY7

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 10/28/2030
2,000,000.00 12/10/2025

3.81%
1,972,820.00
1,975,901.01

97.20 4.21%
1,944,032.00
12,250.00

1.03%
(31,869.01)
Aaa/AAA
NA

4.33 3.94
Total Supranational 5,770,000.00 4.11%
5,716,197.80
5,729,442.15

98.85 4.20%
5,702,552.55
62,292.08

3.02%
(26,889.60)

3.46 3.16

US TREASURY
91282CCW9 UNITED STATES TREASURY 0.75
08/31/2026 2,250,000.00 --

0.97%
2,226,699.22
2,249,196.88

99.50 3.77%
2,238,783.75
5,640.29

1.19%
(10,413.13)
Aa1/AA+
AA+

0.17 0.16
91282CDG3 UNITED STATES TREASURY 1.125
10/31/2026 2,500,000.00 --

1.27%
2,482,898.81
2,498,837.12

99.08 3.92%
2,477,075.00
4,738.45

1.31%
(21,762.12)
Aa1/AA+
AA+

0.34 0.33
42

Page 54 of 536 ends

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
912828Z78 UNITED STATES TREASURY 1.5
01/31/2027 500,000.00 03/30/2022

2.45%
478,320.31
497,374.39

98.56 4.02%
492,812.50
3,128.45

0.26%
(4,561.89)
Aa1/AA+
AA+

0.59 0.57
91282CEW7 UNITED STATES TREASURY 3.25
06/30/2027 1,400,000.00 07/12/2022

3.00%
1,416,296.88
1,403,271.96

99.16 4.12%
1,388,252.60
123.64

0.74%
(15,019.36)
Aa1/AA+
AA+

1.00 0.97
91282CKZ3 UNITED STATES TREASURY 4.375
07/15/2027 2,000,000.00 02/26/2026

3.48%
2,023,750.00
2,017,895.13
100.25

4.13%
2,004,998.00
40,366.02

1.06%
(12,897.13)
Aa1/AA+
AA+

1.04 0.99
91282CFH9 UNITED STATES TREASURY 3.125
08/31/2027 2,250,000.00 --

3.47%
2,231,093.75
2,241,480.98

98.86 4.13%
2,224,336.50
23,501.19

1.18%
(17,144.48)
Aa1/AA+
AA+

1.17 1.12
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 2,250,000.00 --

3.80%
2,259,423.83
2,258,791.16

99.97 4.14%
2,249,385.75
23,329.92

1.19%
(9,405.41)
Aa1/AA+
AA+

1.25 1.19
91282CLX7 UNITED STATES TREASURY 4.125
11/15/2027 2,000,000.00 12/04/2025

3.54%
2,021,953.13
2,015,521.79

99.94 4.17%
1,998,750.00
10,536.68

1.06%
(16,771.79)
Aa1/AA+
AA+

1.38 1.31
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 2,050,000.00 --

3.58%
2,069,824.22
2,058,336.99

99.58 4.17%
2,041,351.05
215.86

1.08%
(16,985.94)
Aa1/AA+
AA+

1.50 1.44
91282CGH8 UNITED STATES TREASURY 3.5
01/31/2028 2,000,000.00 12/11/2025

3.52%
1,999,218.75
1,999,420.07

98.97 4.18%
1,979,376.00
29,198.90

1.05%
(20,044.07)
Aa1/AA+
AA+

1.59 1.50
9128283W8 UNITED STATES TREASURY 2.75
02/15/2028 2,250,000.00 --

3.98%
2,146,708.98
2,209,105.43

97.79 4.17%
2,200,254.75
23,245.86

1.16%
(8,850.68)
Aa1/AA+
AA+

1.63 1.55
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028 2,000,000.00 12/11/2025

3.52%
2,020,312.50
2,015,265.76

99.73 4.16%
1,994,688.00
26,739.13

1.06%
(20,577.76)
Aa1/AA+
AA+

1.67 1.57
91282CGT2 UNITED STATES TREASURY 3.625
03/31/2028 1,750,000.00 06/29/2023

4.18%
1,708,437.50
1,734,701.36

99.09 4.17%
1,734,003.25
15,946.04

0.92%
(698.11)
Aa1/AA+
AA+

1.75 1.66
91282CHA2 UNITED STATES TREASURY 3.5
04/30/2028 2,180,000.00 --

3.55%
2,175,314.06
2,178,260.91

98.82 4.17%
2,154,367.56
12,854.89

1.14%
(23,893.35)
Aa1/AA+
AA+

1.84 1.74
91282CHE4 UNITED STATES TREASURY 3.625
05/31/2028 2,250,000.00 02/04/2026

3.58%
2,252,109.38
2,251,745.35

99.02 4.16%
2,227,851.00
6,908.30

1.18%
(23,894.35)
Aa1/AA+
AA+

1.92 1.82
91282CHK0 UNITED STATES TREASURY 4.0
06/30/2028 2,250,000.00 02/09/2026

3.50%
2,275,312.50
2,271,214.84

99.69 4.16%
2,243,056.50
244.57

1.19%
(28,158.34)
Aa1/AA+
AA+

2.00 1.90
91282CNM9 UNITED STATES TREASURY 3.875
07/15/2028 2,250,000.00 02/04/2026

3.59%
2,264,765.63
2,262,346.12

99.43 4.17%
2,237,080.50
40,221.86

1.18%
(25,265.62)
Aa1/AA+
AA+

2.04 1.91
91282CHQ7 UNITED STATES TREASURY 4.125
07/31/2028 2,500,000.00 --

3.99%
2,497,050.78
2,507,301.29

99.93 4.16%
2,498,242.50
43,016.23

1.32%
(9,058.79)
Aa1/AA+
AA+

2.08 1.94
91282CHX2 UNITED STATES TREASURY 4.375
08/31/2028 2,500,000.00 --

4.18%
2,505,527.34
2,510,547.04
100.42

4.17%
2,510,547.50
36,557.40

1.33%

0.46 Aa1/AA+
AA+

2.17 2.02
43

Page 55 of 536 ends

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CJA0 UNITED STATES TREASURY 4.625
09/30/2028 1,850,000.00 --

4.93%
1,825,767.58
1,838,963.26
100.97

4.17%
1,867,922.80
21,507.51

0.99%
28,959.54
Aa1/AA+
AA+

2.25 2.10
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 2,000,000.00 12/23/2025

3.59%
2,069,140.63
2,056,599.77
101.54

4.17%
2,030,782.00
16,426.63

1.08%
(25,817.77)
Aa1/AA+
AA+

2.34 2.17
9128285M8 UNITED STATES TREASURY 3.125
11/15/2028 1,000,000.00 11/17/2023

4.49%
939,570.31
971,211.32

97.66 4.17%
976,641.00
3,991.17

0.52%
5,429.68
Aa1/AA+
AA+

2.38 2.25
91282CJN2 UNITED STATES TREASURY 4.375
11/30/2028 2,250,000.00 --

3.70%
2,304,873.05
2,283,688.55
100.46

4.17%
2,260,370.25
8,337.60

1.20%
(23,318.30)
Aa1/AA+
AA+

2.42 2.26
91282CJR3 UNITED STATES TREASURY 3.75
12/31/2028 2,400,000.00 --

3.77%
2,394,468.76
2,399,274.69

99.01 4.17%
2,376,187.20
244.57

1.26%
(23,087.49)
Aa1/AA+
AA+

2.50 2.36
91282CJW2 UNITED STATES TREASURY 4.0
01/31/2029 2,000,000.00 --

4.13%
1,985,546.88
1,994,313.92

99.57 4.18%
1,991,406.00
33,370.17

1.05%
(2,907.92)
Aa1/AA+
AA+

2.59 2.39
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 2,250,000.00 --

3.88%
2,274,228.52
2,270,961.30
100.21

4.17%
2,254,657.50
31,961.62

1.19%
(16,303.80)
Aa1/AA+
AA+

2.67 2.46
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 2,000,000.00 --

4.09%
1,997,328.13
2,002,338.53

99.88 4.17%
1,997,656.00
20,737.71

1.06%
(4,682.53)
Aa1/AA+
AA+

2.75 2.55
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 1,000,000.00 05/28/2024

4.54%
1,003,476.56
1,002,000.42
101.20

4.17%
1,011,953.00
7,792.12

0.54%
9,952.58
Aa1/AA+
AA+

2.83 2.61
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 2,250,000.00 --

4.04%
2,284,882.82
2,278,038.66
100.91

4.17%
2,270,391.75
8,575.82

1.20%
(7,646.91)
Aa1/AA+
AA+

2.92 2.70
91282CKX8 UNITED STATES TREASURY 4.25
06/30/2029 1,850,000.00 --

3.67%
1,897,115.24
1,879,135.77
100.23

4.17%
1,854,192.10
213.65

0.98%
(24,943.67)
Aa1/AA+
AA+

3.00 2.79
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 1,750,000.00 --

4.02%
1,748,632.81
1,749,194.63

99.52 4.17%
1,741,659.50
29,198.90

0.92%
(7,535.13)
Aa1/AA+
AA+

3.08 2.82
91282CFJ5 UNITED STATES TREASURY 3.125
08/31/2029 2,250,000.00 --

3.54%
2,211,738.28
2,222,893.64

96.91 4.17%
2,180,567.25
23,501.19

1.15%
(42,326.39)
Aa1/AA+
AA+

3.17 2.94
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 2,250,000.00 --

4.03%
2,200,917.97
2,215,175.68

97.97 4.17%
2,204,298.00
19,795.08

1.17%
(10,877.68)
Aa1/AA+
AA+

3.25 3.01
91282CLR0 UNITED STATES TREASURY 4.125
10/31/2029 2,250,000.00 --

4.01%
2,257,919.92
2,258,406.07

99.84 4.18%
2,246,395.50
15,636.89

1.19%
(12,010.57)
Aa1/AA+
AA+

3.34 3.06
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 1,700,000.00 --

4.09%
1,702,902.34
1,701,991.55

99.84 4.17%
1,697,344.60
5,939.55

0.90%
(4,646.95)
Aa1/AA+
AA+

3.42 3.14
91282CMD0 UNITED STATES TREASURY 4.375
12/31/2029 2,250,000.00 --

4.09%
2,272,822.26
2,270,552.34
100.64

4.17%
2,264,501.25
267.49

1.20%
(6,051.09)
Aa1/AA+
AA+

3.50 3.21
44

Page 56 of 536 ends

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CMG3 UNITED STATES TREASURY 4.25
01/31/2030 2,200,000.00 11/26/2025

3.54%
2,259,984.38
2,251,527.57
100.22

4.18%
2,204,813.60
39,001.38

1.17%
(46,713.97)
Aa1/AA+
AA+

3.59 3.24
91282CGQ8 UNITED STATES TREASURY 4.0
02/28/2030 2,000,000.00 12/11/2025

3.64%
2,027,500.00
2,023,908.38

99.39 4.18%
1,987,890.00
26,739.13

1.05%
(36,018.38)
Aa1/AA+
AA+

3.67 3.33
91282CMU2 UNITED STATES TREASURY 4.0
03/31/2030 2,250,000.00 --

3.79%
2,269,267.58
2,266,500.95

99.36 4.18%
2,235,674.25
22,622.95

1.18%
(30,826.70)
Aa1/AA+
AA+

3.75 3.41
91282CMZ1 UNITED STATES TREASURY 3.875
04/30/2030 2,050,000.00 --

3.91%
2,045,781.25
2,047,451.43

98.92 4.18%
2,027,819.00
13,383.49

1.07%
(19,632.43)
Aa1/AA+
AA+

3.83 3.50
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030 2,050,000.00 --

3.80%
2,067,031.25
2,064,434.04

99.32 4.19%
2,036,146.10
6,945.36

1.08%
(28,287.94)
Aa1/AA+
AA+

3.92 3.58
91282CNK3 UNITED STATES TREASURY 3.875
06/30/2030 2,500,000.00 --

3.87%
2,499,785.16
2,500,206.48

98.84 4.19%
2,471,095.00
263.25

1.31%
(29,111.48)
Aa1/AA+
AA+

4.00 3.66
91282CNN7 UNITED STATES TREASURY 3.875
07/31/2030 2,250,000.00 --

3.69%
2,267,470.70
2,265,065.88

98.82 4.19%
2,223,456.75
36,368.27

1.18%
(41,609.13)
Aa1/AA+
AA+

4.08 3.68
91282CNX5 UNITED STATES TREASURY 3.625
08/31/2030 2,250,000.00 --

3.63%
2,249,003.91
2,249,234.39

97.83 4.20%
2,201,220.00
27,261.38

1.17%
(48,014.39)
Aa1/AA+
AA+

4.17 3.77
91282CPA3 UNITED STATES TREASURY 3.625
09/30/2030 2,100,000.00 --

3.68%
2,094,605.47
2,095,421.25

97.80 4.20%
2,053,734.90
19,135.25

1.09%
(41,686.35)
Aa1/AA+
AA+

4.25 3.86
91282CPD7 UNITED STATES TREASURY 3.625
10/31/2030 2,250,000.00 --

3.67%
2,245,673.83
2,246,222.24

97.74 4.20%
2,199,199.50
13,741.51

1.16%
(47,022.74)
Aa1/AA+
AA+

4.34 3.94
91282CPN5 UNITED STATES TREASURY 3.5
11/30/2030 2,500,000.00 12/08/2025

3.76%
2,471,093.75
2,474,339.14

97.20 4.20%
2,429,882.50
7,411.20

1.29%
(44,456.64)
Aa1/AA+
AA+

4.42 4.03
91282CPR6 UNITED STATES TREASURY 3.625
12/31/2030 2,250,000.00 02/04/2026

3.82%
2,230,839.84
2,232,402.62

97.64 4.21%
2,197,001.25
221.64

1.16%
(35,401.37)
Aa1/AA+
AA+

4.50 4.10
Total US Treasury 99,080,000.00 3.67%
99,154,386.75
99,292,069.06

99.31 4.16%
98,390,071.26
807,106.13

52.09%
(901,997.80)

2.63 2.43
Total Portfolio 191,333,813.51 3.96%
189,885,725.80
190,277,095.18

98.51 4.30%
188,869,094.32
1,479,286.73
100.00%
(1,408,000.86)

2.90 2.51
Total Market Value +
Accrued 190,348,381.05
45

Page 57 of 536 ends

HOLDINGS REPORT
City of Vallejo Reporting Account | Account #261 | As of June 30, 2026 Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
CASH
CCYUSD Receivable 555,139.88 -- 555,139.88
555,139.88

1.00 555,139.88

0.00 0.42%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 555,139.88
555,139.88
555,139.88

1.00 555,139.88

0.00 0.42%

0.00 0.00

0.00 LAIF
90LAIF$00 Local Agency Investment Fund
State Pool 58,343,604.52 --

3.82%
58,343,604.52
58,343,604.52

1.00 3.82%
58,343,604.52

0.00 43.82%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 58,343,604.52 3.82%
58,343,604.52
58,343,604.52

1.00 3.82%
58,343,604.52

0.00 43.82%

0.00 0.00

0.00 MONEY MARKET
FUND
85253$413 Wells Fargo Stagecoach Sweep
Account 74,232,023.44 --

3.52%
74,232,023.44
74,232,023.44

1.00 3.52%
74,232,023.44

0.00 55.76%

0.00 NA/NA
NA

0.00 0.00
Total Money Market
Fund 74,232,023.44 3.52%
74,232,023.44
74,232,023.44

1.00 3.52%
74,232,023.44

0.00 55.76%

0.00 0.00

0.00 Total Portfolio 133,130,767.84 3.65%
133,130,767.84
133,130,767.84

1.00 3.65%
133,130,767.84

0.00 100.00%

0.00 0.00

0.00 Total Market Value +
Accrued 133,130,767.84
46

Page 58 of 536 ends

HOLDINGS REPORT
City of Vallejo Bond Proceeds | Account #10824 | As of June 30, 2026 Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
CASH
CCYUSD Receivable 0.01 -- 0.01

0.01 1.00 0.01

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 0.01

0.01 0.01

1.00 0.01

0.00 0.00%

0.00 0.00

0.00 MONEY MARKET
FUND
94975H312 ALLSPRING:TRS+ MM S 5.48 --

3.30%

5.48 5.48

1.00 3.30%

5.48 0.00

0.00%

0.00 Aaa/AAAm
AAA

0.00 0.00
Total Money Market
Fund 5.48 3.30%

5.48 5.48

1.00 3.30%

5.48 0.00

0.00%

0.00 0.00

0.00 US TREAS SLGS
91399CKK6 US TREASURY STATE 05/01/2051 27,229,527.36 --

0.00%
27,162,012.45
27,162,012.45
100.00

0.00%
27,229,527.36

0.00 95.61%
67,514.91
NA/NA
NA

24.84 24.84
91399CHE4 US TREASURY STATE 05/01/2051 1,250,762.29 --

0.00%
1,247,674.66
1,247,674.66
100.00

0.00%
1,250,762.29

0.00 4.39%
3,087.63
NA/NA
NA

24.84 24.84
Total US Treas SLGS 28,480,289.65 0.00%
28,409,687.11
28,409,687.11
100.00

0.00%
28,480,289.65

0.00 100.00%
70,602.54

24.84 24.84
Total Portfolio 28,480,295.14 0.00%
28,409,692.60
28,409,692.60
100.00

0.00%
28,480,295.14

0.00 100.00%
70,602.54

24.84 24.84
Total Market Value +
Accrued 28,480,295.14
47

Page 59 of 536 ends

TRANSACTIONS
48

Page 60 of 536 ends

TRANSACTION LEDGER
City of Vallejo | Account #260|04/01/2026 Through 06/30/2026| Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 04/21/2026 89240QAD7 690,000.00 TAOT 2026-B A3 4.13 12/16/2030 99.979 4.27% (689,854.48) 0.00 (689,854.48) 0.00 Purchase 04/27/2026 3137F8ZV8 2,000,000.00 FHMS K-123 A2 1.621 12/25/2030 89.621 4.13% (1,792,421.88) (2,341.44) (1,794,763.32) 0.00 Purchase 05/06/2026 023135DD5 2,000,000.00 AMAZON.COM INC

4.25 03/13/2031 98.933 4.50% (1,978,660.00) (12,513.89) (1,991,173.89) 0.00 Purchase 05/13/2026 43814YAD3 1,400,000.00 HAROT 2026-2 A3 4.3 11/15/2030 99.997 3.02% (1,399,959.54) 0.00 (1,399,959.54) 0.00 Purchase 05/14/2026 36275AAD1 615,000.00 GMALT 2026-2 A3 4.3 03/20/2029 99.989 4.40% (614,933.46) 0.00 (614,933.46) 0.00 Purchase 05/15/2026 14913V2D9 480,000.00

CATERPILLAR

FINANCIAL SERVICES
CORP 4.5 05/15/2031

99.863 4.53% (479,342.40) 0.00 (479,342.40) 0.00
Purchase 05/20/2026 58769MAD2 1,365,000.00 MBART 261 A3 4.36 10/15/2030 99.978 4.60% (1,364,702.70) 0.00 (1,364,702.70) 0.00 Purchase 05/22/2026 58933YCK9 765,000.00 MERCK & CO INC 4.65 05/22/2031 99.938 4.66% (764,525.70) 0.00 (764,525.70) 0.00 Purchase 05/28/2026 161571JA3 1,455,000.00 CHAIT 2026-1 A 4.4 05/15/2029 99.976 4.45% (1,454,655.75) 0.00 (1,454,655.75) 0.00 Purchase 06/08/2026 3137FX3Q9 2,000,000.00 FHMS K-117 A2 1.406 08/25/2030 88.582 4.46% (1,771,640.63) (546.78) (1,772,187.41) 0.00 Purchase 06/17/2026 44935KAD5 1,065,000.00 HART 26B A3 4.81 02/18/2031 99.988 4.86% (1,064,871.45) 0.00 (1,064,871.45) 0.00 Purchase 06/18/2026 92970QAK1 1,000,000.00 WFCIT 2026-1 A 4.08 04/16/2029 99.355 4.36% (993,554.69) (340.00) (993,894.69) 0.00 Purchase 06/18/2026 3137FX3Q9 500,000.00 FHMS K-117 A2 1.406 08/25/2030 88.809 4.41% (444,042.97) (331.97) (444,374.94) 0.00 Purchase 06/18/2026 67066GAR5 970,000.00 NVIDIA CORP 4.5 06/15/2031 99.810 4.54% (968,157.00) 0.00 (968,157.00) 0.00 Purchase 06/22/2026 36275AAD1 1,000,000.00 GMALT 2026-2 A3 4.3 03/20/2029 99.813 4.46% (998,125.00) (238.89) (998,363.89) 0.00 Total Purchase 17,305,000.00 (16,779,447.65) (16,312.97) (16,795,760.62) 0.00 TOTAL
ACQUISITIONS 17,305,000.00 (16,779,447.65) (16,312.97) (16,795,760.62) 0.00 49

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DISPOSITIONS
Maturity 05/15/2026 02582JJZ4 (375,000.00) AMXCA 2023-1 A 4.87 05/15/2026 100.000 4.92% 0.00 0.00 0.00 0.00
Total Maturity (375,000.00) 0.00 0.00 0.00 0.00
Sale 04/24/2026 74340XBN0 (1,000,000.00) PROLOGIS LP 2.125 04/15/2027 98.168 5.15% 981,680.00 531.25 982,211.25 7,880.10 Sale 05/06/2026 023135CF1 (750,000.00) AMAZON.COM INC 3.3 04/13/2027 99.433 3.34% 745,747.50 1,581.25 747,328.75 (4,007.61) Sale 05/06/2026 931142EX7 (500,000.00) WALMART INC 3.95 09/09/2027 99.992 3.98% 499,960.00 3,127.08 503,087.08 130.42 Sale 05/08/2026 89115A2M3 (1,100,000.00)

TORONTO-DOMINION
BANK 5.156
01/10/2028
101.321 5.27% 1,114,531.00 18,590.24 1,133,121.24 16,402.13 Sale 05/08/2026 91282CEF4 (1,250,000.00)

UNITED STATES
TREASURY 2.5
03/31/2027

98.926 4.25% 1,236,572.27 3,244.54 1,239,816.81 4,295.90 Sale 05/14/2026 91282CEN7 (2,500,000.00)

UNITED STATES
TREASURY 2.75
04/30/2027

98.984 3.23% 2,474,609.38 2,615.49 2,477,224.87 (14,718.55) Sale 05/26/2026 91282CCP4 (1,000,000.00)

UNITED STATES
TREASURY 0.625
07/31/2026

99.449 0.82% 994,492.19 1,985.50 996,477.69 (5,162.64)
Sale 06/05/2026 78016HZS2 (1,000,000.00)

ROYAL BANK
OF CANADA 5.2
08/01/2028
101.725 5.53% 1,017,250.00 17,911.11 1,035,161.11 23,418.11 Sale 06/05/2026 91282CFU0 (1,100,000.00)

UNITED STATES
TREASURY 4.125
10/31/2027
100.156 3.84% 1,101,718.75 4,438.86 1,106,157.61 (2,255.19) Sale 06/17/2026 927804GH1 (250,000.00)

VIRGINIA ELECTRIC
AND POWER CO 3.75
05/15/2027

99.667 3.82% 249,167.50 833.33 250,000.83 (689.43)
Sale 06/17/2026 931142ER0 (240,000.00) WALMART INC 1.05 09/17/2026 99.248 1.09% 238,195.20 630.00 238,825.20 (1,781.95) 50

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UNITED STATES
TREASURY 1.125
10/31/2026

99.023 1.27% 495,117.19 733.70 495,850.89 (4,623.55)
Sale 06/18/2026 756109AU8 (1,000,000.00) REALTY INCOME CORP

3.65 01/15/2028 98.906 4.71% 989,060.00 15,512.50 1,004,572.50 3,929.15 Sale 06/22/2026 06051GGF0 (1,000,000.00)

BANK OF AMERICA
CORP 3.824
01/20/2028

99.605 5.53% 996,050.00 16,145.78 1,012,195.78 2,738.99 Total Sale (13,190,000.00) 13,134,150.98 87,880.63 13,222,031.61 25,555.89 TOTAL
DISPOSITIONS (13,565,000.00) 13,134,150.98 87,880.63 13,222,031.61 25,555.89 51

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TRANSACTION LEDGER
City of Vallejo Reporting Account | Account #261|04/01/2026 Through 06/30/2026| Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 04/15/2026 90LAIF$00 566,194.72
Local Agency
Investment Fund State
Pool

1.000 3.81% (566,194.72) 0.00 (566,194.72) 0.00
Total Purchase 566,194.72 (566,194.72) 0.00 (566,194.72) 0.00 TOTAL
ACQUISITIONS 566,194.72 (566,194.72) 0.00 (566,194.72) 0.00 52

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TRANSACTION LEDGER
City of Vallejo Bond Proceeds | Account #10824|04/01/2026 Through 06/30/2026| Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Transfer In 05/01/2026 91399CHE4 6,368.68 US TREASURY STATE 05/01/2051 100.000 0.00% (6,368.68) 0.00 0.00 0.00
Transfer In 05/01/2026 91399CKK6 62,526.63 US TREASURY STATE 05/01/2051 100.000 0.00% (62,526.63) 0.00 0.00 0.00
Transfer In 06/01/2026 91399CHE4 2,962.68 US TREASURY STATE 05/01/2051 100.000 0.00% (2,962.68) 0.00 0.00 0.00
Transfer In 06/01/2026 91399CKK6 64,498.74 US TREASURY STATE 05/01/2051 100.000 0.00% (64,498.74) 0.00 0.00 0.00
Total Transfer In 136,356.73 (136,356.73) 0.00 0.00 0.00 TOTAL
DISPOSITIONS 136,356.73 (136,356.73) 0.00 0.00 0.00

DISPOSITIONS
Sale 04/09/2026 91399CHE4 (5,057,654.77) US TREASURY STATE 05/01/2051 100.000 0.00% 5,057,654.77 0.00 5,057,654.77 12,579.18 Total Sale (5,057,654.77) 5,057,654.77 0.00 5,057,654.77 12,579.18 TOTAL
DISPOSITIONS (5,057,654.77) 5,057,654.77 0.00 5,057,654.77 12,579.18 53

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IMPORTANT DISCLOSURES
2026 Chandler Asset Management, Inc, An Independent Registered Investment Adviser.

Information contained herein is confidential. Prices are provided by ICE Data Services Inc (“IDS”), an independent pricing source. In the event IDS does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE permits use of the ICE indices and related data on an “as is” basis; ICE, its affiliates and their respective third party suppliers disclaim any and all warranties and representations, express and/or implied, including any warranties of merchantability or fitness for a particular purpose or use, including the indices, index data and any data included in, related to, or derived therefrom. Neither ICE data, its affiliates or their respective third party providers guarantee the quality, adequacy, accuracy, timeliness or completeness of the indices or the index data or any component thereof, and the indices and index data and all components thereof are provided on an “as is” basis and licensee’s use it at licensee’s own risk. ICE data, its affiliates and their respective third party do not sponsor, endorse, or recommend chandler asset management, or any of its products or services.

This report is provided for informational purposes only and should not be construed as a specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of publication, but may become outdated or superseded at any time without notice. Any opinions or views expressed are based on current market conditions and are subject to change. This report may contain forecasts and forward-looking statements which are inherently limited and should not be relied upon as indicator of future results. Past performance is not indicative of future results. This report is not intended to constitute an offer, solicitation, recommendation or advice regarding any securities or investment strategy and should not be regarded by recipients as a substitute for the exercise of their own judgment.

Fixed income investments are subject to interest, credit and market risk. Interest rate risk: the value of fixed income investments will decline as interest rates rise. Credit risk: the possibility that the borrower may not be able to repay interest and principal. Low rated bonds generally have to pay higher interest rates to attract investors willing to take on greater risk. Market risk: the bond market in general could decline due to economic conditions, especially during periods of rising interest rates.

Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest.

LGIP Yields: Reported yields for local government investment pools may be presented as either the 30-day yield or the monthly distribution yield, as applicable. For certain funds, the 30-day yield is calculated using reported daily yield data. Yield calculations are subject to change and may not be directly comparable across funds.

LAIF Yields: Additional Disclosure for CA Clients - As a result of a reporting lag from the Local Agency Investment Fund (LAIF), reported LAIF yields represent the most recently available Daily Effective Yield and may reflect data from approximately 7–10 days prior to month-end. 54

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BENCHMARK DISCLOSURES
Benchmark Disclosure
ICE BofA 1-5 Yr Unsubordinated US
Treasury & Agency Index
The ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies. 55

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CONSENT CALENDAR 6.B.

DATE: August 4, 2026
TO: Mayor and Members of the City Council
FROM: Jason Ta, Chief of Police
SUBJECT: ADOPT A RESOLUTION APPROVING THE SECOND AMENDMENT TO THE

CONSULTANT AND PROFESSIONAL SERVICES AGREEMENT WITH CAPITOL

ADVOCACY PARTNERS AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAME

RECOMMENDATION
Adopt a Resolution approving the Second Amendment to the Consultant and Professional Services Agreement with Capitol Advocacy Partners and authorizing the City Manager to execute same.

REASONS FOR RECOMMENDATION
The proposed Second Amendment to the Agreement with CAP incorporates all applicable federal and state flow-down laws, regulations, and grant-mandated provisions. As a primary grantee, the City introduces these updates to remain in alignment with standard funding requirements for entities receiving grant allocations.

Integrating these provisions ensures compliance, protects VPD's programs from administrative variances during standard audits, and helps preserve the City’s eligibility for future grant opportunities.

BACKGROUND AND DISCUSSION
Capitol Advocacy Partners (“CAP”) provides various grant-related services to the Vallejo Police Department (“VPD”) under a three-year Consultant and Professional Services Agreement (“Agreement,” City Contract #26PD095). The First Amendment to the Agreement was approved by City Council on May 26, 2026, specifically to facilitate additional grant-funded grant management services.

Recently, it came to the attention of VPD staff that standard flow-down laws, regulations, and grant-mandated provisions, such as the federal guidelines under 2 C.F.R. Part 200 and the state-level standards within the BSCC Administration Guide, must be explicitly included in the City’s Agreement with CAP. While these strict compliance and auditing protocols are already standard components included in VPD’s contracts with community service providers, they must be integrated into the City's contract framework with CAP as well.

As the primary grantee of these public funds, the City of Vallejo has a strict legal obligation to ensure that all grant-mandated compliance metrics "flow down" to any sub-recipient or contracted partner managing these dollars. Specifically, 2 C.F.R. Part 200 governs federal fund integrity, requiring robust "audit trails" that map every expended dollar back to verifiable receipts, time-and-effort logs, and itemized accounting records.

Similarly, the BSCC Administration Guide dictates which specific expense categories are permissible and defines the exact tracking standards necessary to successfully navigate state-level oversight.

The proposed Second Amendment satisfies the City’s legal obligation as a grantee to incorporate these necessary, grant-mandated provisions into the Agreement with CAP, thereby protecting the City from potential future audit failures or state repayment demands.

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Date: August 4, 2026
Subject: ADOPT A RESOLUTION APPROVING THE SECOND AMENDMENT TO THE

CONSULTANT AND PROFESSIONAL SERVICES AGREEMENT WITH CAPITOL

ADVOCACY PARTNERS AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAME

Page 2 ends

Importantly, this Second Amendment serves strictly as an administrative and regulatory update to ensure legal and contractual alignment. It modifies the compliance and auditing framework only; it does not alter the contract's existing fiscal baseline and will not incur any additional costs or funding allocations for CAP.

FISCAL IMPACT
None.

ENVIRONMENTAL REVIEW
This action is exempt from the California Environmental Quality Act (“CEQA”) because it is not a project that has a potential for resulting in either a direct physical change in the environment, or a reasonably foreseeable indirect physical change in the environment, pursuant to CEQA Guideline section 15378.

ATTACHMENTS

1. Resolution - CAP Contract 2 - Second Amendment CAO Stamp

2. CAP - Contract 2 - Second Amendment with Attachment A CAO Stamp

CONTACT
Jason Ta, Chief of Police
[email protected]

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Approved as to form:

By: for
Veronica Nebb, City Attorney
RESOLUTION NO. 26-____ N.C.

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VALLEJO

APPROVING THE SECOND AMENDMENT TO THE CONSULTANT AND

PROFESSIONAL SERVICES AGREEMENT WITH CAPITOL ADVOCACY PARTNERS

AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAME

WHEREAS, the City of Vallejo entered into a Consultant and Professional Services Agreement with Capitol Advocacy Partners (“CAP”) for CAP to assist Vallejo Police Department (“VPD”) with grant planning, advocacy, writing, and management through June 30, 2028 (“Agreement,” City Contract #26PD095); and

WHEREAS, the First Amendment increased the Agreement’s budget for grant-funded grant management services; and

WHEREAS, to be compliant with applicable funding sources, the Agreement must include standard flow-down laws, regulations, and grant-mandated provisions; and

WHEREAS, the Second Amendment incorporates all standard flow-down laws, regulations, and grant-mandated provisions into the Agreement to ensure the City remains in compliance with all funding sources.

NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Vallejo hereby approves the Second Amendment to the Agreement with CAP.

NOW, THEREFORE, BE IT FURTHER RESOLVED that the City Council of the City of Vallejo hereby authorizes the City Manager to execute said Second Amendment to the Agreement with CAP.

Adopted by the City Council of the City of Vallejo at a special meeting held on August 4, 2026, with the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

ANDREA SORCE, MAYOR
ATTEST:

DAWN G. ABRAHAMSON, CITY CLERK

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Approved as to form:

By: for
Veronica Nebb, City Attorney

SECOND AMENDMENT TO THE

CONSULTANT AND PROFESSIONAL SERVICES AGREEMENT

BETWEEN CITY OF VALLEJO AND

CAPITOL ADVOCACY PARTNERS, LLC

The City of Vallejo (“City”) and Capitol Advocacy Partners, LLC (“Consultant”) entered into a Consultant and Professional Services Agreement dated August 6, 2025 (“the Agreement”) (City Contract #26PD095) to provide a variety of grant application and grant management services.

The First Amendment to the Agreement (“First Amendment”) was made and entered into on the 1st day of May 2026.

This Second Amendment to the Agreement is made and entered into on the 5 th day of August 2026, but it is retroactive to the Agreement’s start date, July 1, 2025.

Consultant and City mutually agree as follows:

1. Addition of Paragraph 39. The Agreement contains 38 paragraphs. This Second Amendment hereby adds a new paragraph 39 to the Agreement as follows:

39. Incorporation of All Grant-Mandated Provisions. The Agreement is partially funded by grants from the United States Department of Justice (“DOJ”) and the California Board of State and Community Corrections (“BSCC”). Consultant shall comply with all applicable federal and state flow-down laws, regulations, and grant-mandated provisions, including, without limitation, 2 C.F.R. Part 200 and the BSCC Administration Guide, which are hereby incorporated by reference. Consultant shall also comply with any additional grant-mandated provisions, including, without limitation, the “MANDATORY SUBCONTRACT / MOU LANGUAGE FOR BSCC GRANTEES” that are included as Attachment A and incorporated by this reference.

2. Integration. This Second Amendment contains the entire agreement between the parties with respect to its subject matter and supersedes whatever oral or written understanding they may have had prior to the execution of this Second Amendment. This Second Amendment shall not be amended or modified except by a written agreement executed by each of the parties. All other terms and conditions of the Agreement shall remain in full force and effect, and Consultant shall perform all duties, obligations and conditions required under the Agreement.

3. Inconsistencies. In the event of any conflict or inconsistency between the provisions of this Second Amendment and the Agreement, the provisions of this Second Amendment shall control in all respects.

4. Ambiguities. The parties have each carefully reviewed this Second Amendment and have agreed to each term of this Second Amendment. No ambiguity shall be presumed to be construed against either party.

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5. Counterparts. This Second Amendment may be executed by the parties in one or more counterparts, all of which collectively shall constitute one document and agreement.

6. Authority. The person signing this Second Amendment for Consultant hereby represents and warrants that he or she is fully authorized to sign this Second Amendment on behalf of Consultant.

(SIGNATURES ARE ON THE FOLLOWING PAGE)

Second Amendment to Agreement Between City of Vallejo and Capitol Advocacy Partners, LLC Page 2 of 3 (Revised 01.2019)

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IN WITNESS WHEREOF, the parties have entered into this Second Amendment on the day and year first hereinabove appearing.

CAPITOL ADVOCACY PARTNERS, LLC,
a Delaware Limited Liability Company

BY:

Dana DeBeaumont
Partner

DATE:

CITY OF VALLEJO, a California municipal
corporation

BY:

Harry E. Black
Interim City Manager

DATE:

ATTEST:

Dawn G. Abrahamson
City Clerk

APPROVED AS TO CONTENT:

Jason Ta
Chief of Police

APPROVED AS TO FORM:

VERONICA A. F. NEBB
City Attorney

APPROVED AS TO INSURANCE:

ARMOND SARKIS
Risk Manager

Second Amendment to Agreement Between City of Vallejo and Capitol Advocacy Partners, LLC Page 3 of 3 (Revised 01.2019)

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ATTACHMENT A

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MANDATORY SUBCONTRACT / MOU LANGUAGE

FOR BSCC GRANTEES

Grant recipients awarded funding through the Board of State and Community Corrections (BSCC) must include specific language in all subcontracts/Memorandums of Understanding (MOUs) that use these monies for grant-funded project activities and expenditures. The following narrative is required, per contract with the BSCC:

Non-Discrimination Clause and Civil Rights Compliance: During the performance of this Agreement, Contractor and its subcontractors shall not deny the contract’s benefits to any person on the basis of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, or military and veteran status, nor shall they discriminate unlawfully against any employee or applicant for employment because of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, or military and veteran status. Contractor shall insure that the evaluation and treatment of employees and applicants for employment are free of such discrimination.

Contractor and subcontractors shall comply with the provisions of the Fair Employment and Housing Act (Gov. Code §12900 et seq.), the regulations promulgated thereunder (Cal. Code Regs., tit. 2, §11000 et seq.), the provisions of Article 9.5, Chapter 1, Part 1, Division 3, Title 2 of the Government Code (Gov. Code §§11135-11139.5), and the regulations or standards adopted by the awarding state agency to implement such article. Contractor shall permit access by representatives of the Department of Fair Employment and Housing and the awarding state agency upon reasonable notice at any time during the normal business hours, but in no case less than 24 hours’ notice, to such of its books, records, accounts, and all other sources of information and its facilities as said Department or Agency shall require to ascertain compliance with this clause. Contractor and its subcontractors shall give written notice of their obligations under this clause to labor organizations with which they have a collective bargaining or other agreement. (See Cal. Code Regs., tit. 2, §11105.) Contractor shall include the nondiscrimination and compliance provisions of this clause in all subcontracts to perform work under the Agreement.

Books and Records: Maintain adequate fiscal and project books, records, documents, and other evidence pertinent to the subcontractor’s work on the project in accordance with generally accepted accounting principles. Adequate supporting documentation shall be maintained in such detail so as to permit tracing transactions from the invoices to the accounting records, to the supporting documentation. These records shall be maintained for a minimum of three (3) years after the acceptance of the final grant project audit under the Grant Agreement and shall be subject to examination and/or audit by the BSCC or designees, state government auditors or designees, or by federal government auditors or designees.

Access to Books and Records: Make such books, records, supporting documentations, and other evidence available to the BSCC or designee, the State Controller’s Office, the Department of General Services, the Department of Finance, California State Auditor, and their designated representatives during the course of the project and for a minimum of three (3) years after acceptance of the final grant project audit. The Subcontractor shall provide suitable facilities for access, monitoring, inspection, and copying of books and records related to the grant-funded project.

Project Access: Grantee shall ensure that the BSCC, or any authorized representative, will have suitable access to project activities, sites, staff, and documents at all reasonable times during the grant period including those maintained by subcontractors. Access to program records will be made available by both the grantee and the subcontractors for a period of three (3) years following the end of the grant period.

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CONSENT CALENDAR 6.C.

DATE: August 4, 2026
TO: Mayor and Members of the City Council
FROM: Leonard Job, Public Works Director
SUBJECT: ADOPT A RESOLUTION APPROVING THE FIRST AMENDMENT TO THE SUPPLIES PURCHASE AGREEMENT WITH FONROCHE LIGHTING AMERICA, INC. FOR SOLAR

STREETLIGHT EQUIPMENT AND SUPPLIES TO INCREASE THE CONTRACT AMOUNT BY $300,000 TO A MAXIMUM NOT TO EXCEED $1,000,000 AND AUTHORIZING THE

CITY MANAGER TO EXECUTE SAME

RECOMMENDATION
Adopt a resolution approving the First Amendment to the Supplies Purchase Agreement with Fonroche Lighting America, Inc. in an for solar lighting supplies and authorizing the City Manager to execute same.

REASONS FOR RECOMMENDATION
Fonroche Lighting America’s current contract for the purchase of solar streetlight equipment and supplies has a not-to-exceed amount of $700,000 and is reaching that authorization limit. To continue replacing/upgrading existing streetlights with solar lighting, staff recommend approving the First Amendment to increase the contract amount by $300,000 to a new not-to-exceed amount of $1,000,000.

BACKGROUND AND DISCUSSION
The Public Works Department is responsible for the ongoing maintenance, repair, and replacement of the City’s streetlight infrastructure and related equipment. As part of the City’s continued commitment to improving energy efficiency, reducing operational costs, and enhancing system reliability, the Department has increasingly incorporated solar-powered street lighting equipment and related components throughout the City. Recognizing the growing demand for solar streetlight improvements, replacements, and new installations citywide, on September 24, 2024, the City Council approved a Supplies Purchase Agreement with Fonroche Lighting America, Inc. in an amount not to exceed $700,000.

Since contract approval, Public Works has utilized the agreement extensively to support routine maintenance operations, replace aging and damaged streetlights, and install new solar lighting systems at various locations throughout the City. The contract has enabled staff to respond efficiently to operational needs while continuing to advance the City’s long-term sustainability and infrastructure goals.

As the existing contract approached its authorized spending limit, staff solicited quotes from three vendors for comparable solar street lighting supplies and equipment. Following review and evaluation, Fonroche remained the most cost-effective option. Staff believe it is in the City's best interest to continue utilizing Fonroche to supply its solar equipment. In addition to providing competitive pricing, Fonroche equipment has demonstrated reliability, durability, and compatibility with the City’s existing solar streetlight infrastructure.

Public Works staff are already trained and experienced in the installation, maintenance, and repair of Fonroche products, minimizing the need for additional training and reducing implementation time and associated costs.

Maintaining consistency in equipment and system components provides operational efficiencies by improving inventory management, streamlining maintenance and repair activities, and ensuring compatibility across the

Page 76 of 536 ends

Date: August 4, 2026
Subject: ADOPT A RESOLUTION APPROVING THE FIRST AMENDMENT TO THE SUPPLIES PURCHASE AGREEMENT WITH FONROCHE LIGHTING AMERICA, INC. FOR

SOLAR STREETLIGHT EQUIPMENT AND SUPPLIES TO INCREASE THE CONTRACT AMOUNT BY $300,000 TO A MAXIMUM NOT TO EXCEED $1,000,000

AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAME

Page 2 ends

City’s expanding network of solar streetlights. Standardization of equipment further supports faster response times for repairs and reduces the likelihood of operational issues caused by incompatible parts or systems. In accordance with Vallejo Municipal Code Section 3.20.90(A)(12), the procurement of the equipment is in the best interest of the City for the reasons stated above.

To ensure the City can continue the timely repair and replacement of existing streetlights, expand solar street lighting infrastructure where appropriate, and maintain consistency in equipment standards citywide, staff recommend approving the First Amendment to the Supplies Purchase Agreement with Fonroche Lighting America, Inc.

FISCAL IMPACT
The proposed action authorizing the First Amendment to the Supplies Purchase Agreement to Fonroche Lighting America, Inc. will not have any direct impact on the General Fund. Funds to pay for these services will come from already approved funds in the Capital Improvement budget in project PWC114 - Solar Street Lights.

ENVIRONMENTAL REVIEW
This action is exempt from the California Environmental Quality Act (CEQA) pursuant to CEQA Guidelines section 15301 "Existing Facilities," because it involves the maintenance, repair, and replacement of existing streetlights.

ATTACHMENTS

1. RESO Supplies Purchase Agreement First Amendment- Fonroche _CAO Stamp

2. Exhibit A - Fonroche Lighting America- First Amendment 25PW097- Supplies Purchase Agreement_CAO Stamp

3. 25PW097 FONROCHE LIGHTING AMERICA Supplies Purchase Agreement

CONTACT
Leonard Job, Public Works Director (707) 648-4433
[email protected]

Page 77 of 536 ends

RESOLUTION NO. 26- _____

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VALLEJO APPROVING THE

FIRST AMENDMENT TO THE SUPPLIES PURCHASE AGREEMENT WITH FONROCHE LIGHTING AMERICA, INC. FOR SOLAR STREETLIGHT EQUIPMENT AND SUPPLIES TO INCREASE THE CONTRACT AMOUNT BY $300,000 TO A MAXIMUM NOT TO EXCEED $1,000,000, AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAME

WHEREAS, the Public Works Department is responsible for the ongoing maintenance, repair, and replacement of the City’s streetlight infrastructure and related equipment; and

WHEREAS, as part of the City’s efforts to improve energy efficiency, reduce operational costs and enhance reliability, the Department has continued to utilize solar- powered streetlighting supplies and equipment throughout the city; and

WHEREAS, recognizing the growing need for solar streetlight improvements and replacements citywide, in September 2024, Council awarded a contract to Fonroche Lighting America, Inc.(Fonroche) in an amount not-to-exceed $700,000; and

WHEREAS, as Fonroche’s existing contract is reaching its authorized spending limit, staff reached out to three vendors for quotes and Fonroche remained the most cost-effective option; and

WHEREAS, to ensure the City can continue timely repair and replacement of existing streetlights, expand solar streetlighting infrastructure where appropriate, and maintain uniformity in equipment standards citywide, staff recommend approving a First Amendment to the Supplies Purchase Agreement with Fonroche Lighting America, Inc. for an amount not-to-exceed $1,000,000.

NOW, THEREFORE BE IT RESOLVED that the City Council hereby finds that in accordance with Vallejo Municipal Code Section 3.20.090(A)(12), it is in the best interest of the City to continue to utilize Fonroche Lighting America, Inc. to supply solar streetlight equipment because, in addition to providing competitive pricing, Fonroche equipment has demonstrated reliability, durability, and compatibility with the City’s existing solar streetlight infrastructure and Public Works staff are already trained and experienced in the installation, maintenance, and repair of Fonroche products, minimizing the need for additional training and reducing implementation time and associated costs.

BE IT FURTHER RESOLVED that the City Council hereby approves the First Amendment to the Supplies Purchase Agreement with Fonroche Lighting America, Inc. increasing the not to exceed amount by $300,000 to a maximum not-to-exceed $1,000,000. Said First Amendment is attached hereto as “Exhibit A”.

BE IT FURTHER RESOLVED that the City Council hereby authorizes the City Manager to execute same, with any modifications recommended by the City Attorney and the City Clerk to attest the signing of that Agreement.

ADOPTED BY THE CITY COUNCIL OF THE CITY OF VALLEJO at a special meeting held on August 4, 2026, with the following vote:

Page 78 of 536 ends

AYES:

NOES:

ABSENT:

ABSTAIN:

ATTEST

ANDREA SORCE, MAYOR

DAWN G. ABRAHAMSON, CITY CLERK

Page 79 of 536 ends

First Amendment - Fonroche Lighting America, Inc. (25PW097) Page 1 of 3

FIRST AMENDMENT TO

SUPPLIES PURCHASE AGREEMENT

FONROCHE LIGHTING AMERICA, INC.

This First Amendment to the Supplies Purchase Agreement, made and entered into on September 25, 2024, hereinafter referred to as “Agreement”, between Fonroche Lighting America, Inc., a Delaware corporation (“Vendor”), and the City of Vallejo, a municipal corporation (“City”), is made and entered into on this 5th day of August 2026.

WHEREAS, pursuant to the existing Agreement, Vendor provides solar streetlight equipment and supplies to the City of Vallejo; and

WHEREAS, the Agreement has a not-to-exceed amount of $700,000 and has an expiration date of June 30, 2028; and

WHEREAS, the parties wish to amend the Agreement to increase Vendor’s compensation by an additional $300,000, for a maximum amount not to exceed $1,000,000.

NOW THEREFORE, Vendor and City do mutually agree as follows:

1. Revised Compensation to Vendor. Section 1 of Exhibit B, “Compensation”, is hereby deleted and replaced in its entirety with the following:

“1. Vendor’s Compensation. City agrees to pay Vendor for those Supplies set forth in Exhibit A of this Agreement, for a total not to exceed One Million Dollars and Zero Cents ($1,000,000.00).

(a) Equipment and supply pricing will be quoted prior to purchase.

(b) Any available discounts shall be offered to City at the time of ordering.”

2. Integration. This First Amendment contains the entire agreement between the parties with respect to its subject matter and supersedes whatever oral or written understanding they may have had prior to the execution of this First Amendment. This First Amendment shall not be amended or modified except by a written agreement executed by each of the parties. Except as specifically revised herein, all terms and conditions of the Agreement, and all prior amendments, if any, shall remain in full force and effect, and Vendor shall perform all duties, obligations and conditions required under the Agreement.

3. Inconsistencies. In the event of any conflict or inconsistency between the provisions of this First Amendment and the Agreement, and any prior amendment, if any, the provisions of this First Amendment shall control in all respects.

Page 80 of 536 ends

First Amendment - Fonroche Lighting America, Inc. (25PW097) Page 2 of 3

4. Ambiguities. The parties have each carefully reviewed this First Amendment and have agreed to each term of this First Amendment. No ambiguity shall be presumed to be construed against either party.

5. Counterparts. This First Amendment may be executed by the parties in one or more counterparts all of which collectively shall constitute one document and agreement.

6. Authority. The person signing this First Amendment for Vendor hereby represents and warrants that he or she is fully authorized to sign this First Amendment on behalf of Vendor.

(SIGNATURES ARE ON THE FOLLOWING PAGE)

Page 81 of 536 ends

First Amendment - Fonroche Lighting America, Inc. (25PW097) Page 3 of 3

IN WITNESS WHEREOF, the parties have entered into this First Amendment on the day and year first hereinabove appearing.

FONROCHE LIGHTING AMERICA, INC., CITY OF VALLEJO,
a Delaware corporation a municipal corporation

BY: BY:

Honcine Benaoum Harry E. Black
CEO Interim City Manager

DATE: DATE:

ATTEST:

Dawn G. Abrahamson
City Clerk

APPROVED AS TO CONTENT:

(City Seal)

Leonard Job
Public Works Director

APPROVED AS TO FORM

Veronica A. F. Nebb
City Attorney

APPROVED AS TO INSURANCE

Armond Sarkis
Risk Manager

Page 82 of 536 ends

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$VROHVRXUFHH[HPSWLRQLQRUGHUWRPDLQWDLQXQLIRUPLW\VRODUOLJKWLQJWKURXJKRXWWKHFLW\ Explanation for Vendor Selection:
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Page 107 of 536 ends

IA 4087 09 17
Number of days notice (other than nonpayment of premium):

A. If we cancel or nonrenew this policy for any statutorily permitted reason other than nonpayment of premium we will mail notice to the person or organization shown in the Schedule. We will mail such notice at least the number of days shown in the Schedule before the effective date of cancellation or nonrenewal.

B. If we cancel this policy for nonpayment of premium, we will mail notice to the person or organization shown in the Schedule. We will mail such notice at least 10 days before the effective date of cancellation.

C. If notice is mailed, proof of mailing to the mailing address shown in the Schedule will be sufficient proof of notice.

D. In no event will coverage extend beyond the actual expiration, termination or cancellation of the policy. 30 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

CANCELLATION OR NONRENEWAL BY US

NOTIFICATION TO A DESIGNATED ENTITY
This endorsement modifies insurance provided under the following:

BUSINESSOWNERS PACKAGE POLICY

CLAIMS-MADE EXCESS LIABILITY COVERAGE PART

COMMERCIAL AUTO COVERAGE PART

COMMERCIAL GENERAL LIABILITY COVERAGE PART

COMMERCIAL UMBRELLA LIABILITY COVERAGE PART

DENTIST'S PACKAGE POLICY

ELECTRONIC DATA LIABILITY COVERAGE PART

EXCESS LIABILITY COVERAGE PART

LIQUOR LIABILITY COVERAGE PART

OWNERS AND CONTRACTORS PROTECTIVE LIABILITY COVERAGE PART

POLLUTION LIABILITY COVERAGE PART

PRODUCTS/COMPLETED OPERATIONS COVERAGE PART

PRODUCT WITHDRAWAL COVERAGE PART

PROFESSIONAL LIABILITY COVERAGE PART

PROFESSIONAL UMBRELLA LIABILITY COVERAGE PART

PROFESSIONAL UMBRELLA LIABILITY COVERAGE PART - CLAIMS-MADE

RAILROAD PROTECTIVE LIABILITY COVERAGE PART

UNDERGROUND STORAGE TANK POLICY

SCHEDULE
Name and mailing address of person(s) or organization(s):
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Page 108 of 536 ends

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L The vendor/contractor employees will never visit or access the City's owned or controlled buildings, properties, or facilities, under any circumstances. Correct LL There is no need for installation or any other physical work to be carried out by the employees of the vendor/contractor. Correct LLL All goods purchased from the vendor will be delivered using common or commercial carriers, such as UPS or FedEx. In other words, the vendor or its employees will not be responsible for delivering goods to our locations. Correct 2VFDU$OFDQWDU
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From: Armond Sarkis <[email protected]>
Sent: Wednesday, December 11, 2024 1:00 PM
To: Oscar Alcantar <[email protected]>
Subject: RE: Fonroche lighting contract update
Hi Oscar,
Yes. Of course.

Their COI does not include required workers’ compensation coverage. They do carry the general liability coverage but they did not include the additional insured endorsement.

Here is what’s missing:
Additional Insured Endorsements for General Liability policy, naming the City of Vallejo as Additional Insured. Please ensure the actual endorsement is attached to the COI. A blanket Additional Insured endorsement is acceptable, but insurance broker remarks on the certificate won't do as we cannot accept insurance broker remarks on the certificate as sufficient evidence. Policy language automatically extending Additional Insured coverage is also acceptable. Proof of workers’ compensation coverage.
Waiver of Subrogation Rights Endorsement in favor of the City of Vallejo under their workers' compensation insurance. The endorsement should reflect the current workers' compensation policy number.
Additionally, the Certificate Holder section of the Certificate of Insurance must list:

City of Vallejo
Attn: Risk Manager
555 Santa Clara Street
Vallejo, CA 94590
We can waive work comp (items 2 and 3) requirements if all of the following conditions are met:

L The vendor/contractor employees will never visit or access the City's owned or controlled buildings, properties, or facilities, under any circumstances.

LL There is no need for installation or any other physical work to be carried out by the employees of the vendor/contractor.

LLL All goods purchased from the vendor will be delivered using common or commercial carriers, such as UPS or FedEx. In other words, the vendor or its employees will not be responsible for delivering goods to our locations.

Thanks,
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Page 109 of 536 ends

CONSENT CALENDAR 6.D.

DATE: August 4, 2026
TO: Mayor and Members of the City Council
FROM: Leonard Job, P.E., Public Works Director
SUBJECT: ADOPT A RESOLUTION APPROVING THE SECOND AMENDMENT TO THE

CONSULTANT AND PROFESSIONAL SERVICES AGREEMENT WITH GHIRARDELLI AND ASSOCIATES, INC. TO INCREASE THE CONTRACT AMOUNT BY $3,500,000 TO A NOT TO EXCEED LIMIT OF $5,000,000, AND AUTHORIZING THE CITY MANAGER TO

EXECUTE SAME

RECOMMENDATION
Adopt a Resolution approving the Second Amendment to the Consultant and Professional Services Agreement with Ghirardelli Associates, Inc. to increase the contract amount by $3,500,000 to a not-to-exceed limit of $5 million, and authorizing the City Manager to execute same.

REASONS FOR RECOMMENDATION
The ability to utilize qualified consultants on an as-needed basis enables the City to respond to fluctuating workloads, maintain project schedules, and supplement limited in-house staffing resources without the long- term costs associated with adding permanent staff. Increasing the contract authority will ensure continuity of service, avoid project delays, and allow the City to continue delivering critical infrastructure improvements in a timely and cost-effective manner.

BACKGROUND AND DISCUSSION
The City of Vallejo routinely utilizes on-call engineering consultants to supplement in-house staff resources and provide specialized technical expertise necessary to deliver Capital Improvement Program (CIP) projects, development review services, and other engineering-related assignments. The scope and duration of these services vary significantly depending on project needs and may range from short-term technical assistance to multi-year support services for major capital projects.

On February 27, 2023, the City of Vallejo publicly solicited Statements of Qualifications (RFQ) from qualified consulting firms licensed as Professional Civil Engineers in the State of California to provide on-call construction management, inspection, and related engineering support services for a variety of Public Works capital improvement and infrastructure projects. The requested services included, without limitation, construction management, resident engineering, project administration, construction inspection, quality assurance, materials testing, document control, labor compliance, safety oversight, constructibility review, and claims mitigation for transportation, utility, facility, and other public infrastructure projects, with the selected consultants providing services under the direction of City staff on an as-needed basis.

Although the on-call agreements may be utilized for projects funded from a variety of local, state, regional, and federal funding sources, and not all assignments will involve federally funded projects, the City requires consultants to demonstrate qualifications and experience necessary to satisfy applicable state and federal requirements, including knowledge of Caltrans Local Assistance procedures, the Caltrans Local Assistance Procedures Manual, the Local Assistance Program Guidelines, Caltrans Standard Plans and Specifications, and other applicable state and federal regulations, so that the consultants are eligible to perform services on federally funded projects when assigned.

Page 110 of 536 ends

Date: August 4, 2026
Subject: ADOPT A RESOLUTION APPROVING THE SECOND AMENDMENT TO THE

CONSULTANT AND PROFESSIONAL SERVICES AGREEMENT WITH
GHIRARDELLI AND ASSOCIATES, INC. TO INCREASE THE CONTRACT AMOUNT BY $3,500,000 TO A NOT TO EXCEED LIMIT OF $5,000,000, AND AUTHORIZING

THE CITY MANAGER TO EXECUTE SAME

Page 2 ends

Ghirardelli Associates, Inc. submitted a Statement of Qualifications in response to the Request for Qualifications and, following the City's evaluation of qualifications in accordance with the selection criteria established in the solicitation, was determined to be a qualified firm capable of providing the required services and was selected for contract award. On September 26, 2023, the City Council approved Resolution 23-155 authorizing a Consultant and Professional Services Agreement with Ghirardelli Associates, Inc. ("Ghirardelli") for an amount not to exceed $500,000 through June 30, 2026, under Contract No. 24PW060. The agreement allows for one-year extensions, not to extend beyond June 30, 2028.

On October 14, 2025, the City Council approved Resolution 25-166 authorizing the First Amendment to the agreement. The amendment increased the contract limit to $1,500,000 and extended the term through June 30, 2027.

Under the agreement, specific assignments are authorized through individual Statements of Work that define the scope, schedule, and compensation for each project or task. This structure allows the City to efficiently obtain professional services as needed while maintaining flexibility to assign work based on project priorities and consultant expertise.

Since execution of the Agreement, Ghirardelli has provided 1) project management for multiple capital improvement projects and major development projects; 2) construction management to administer construction contracts and perform construction inspection for all Measure P funded projects; 3) plan review for all development projects; 4) construction oversight of large development projects; and 5) building permit reviews.

The continued need for Ghirardelli's services is driven by vacant engineering positions, an unprecedented number of construction projects, and higher levels of developer construction oversight, including the Fairview at Northgate Project (Costco).

Staff anticipates continued use of Ghirardelli for ongoing and upcoming assignments, including support for the following:

Capital Improvement Projects include:
• Measure P funded paving projects
• HSIP 17 Intersection Improvements for Pedestrians
• Spring Road Pavement Rehabilitation
• South Regatta Drive and Capital Street Mill & Overlay • Hiddenbrooke Overpass Improvements
• Marina Dredging
• Marina Seawall Project

Current Development Projects include
• Fairview at Northgate Project (Costco) Phases 1 & 2
• Rollingwood Subdivision

Page 111 of 536 ends

Date: August 4, 2026
Subject: ADOPT A RESOLUTION APPROVING THE SECOND AMENDMENT TO THE

CONSULTANT AND PROFESSIONAL SERVICES AGREEMENT WITH
GHIRARDELLI AND ASSOCIATES, INC. TO INCREASE THE CONTRACT AMOUNT BY $3,500,000 TO A NOT TO EXCEED LIMIT OF $5,000,000, AND AUTHORIZING

THE CITY MANAGER TO EXECUTE SAME

Page 3 ends

• Mare Island Coral Sea Subdivision
• Chick-fil-A Project

Engineering staff is currently working on 22 capital improvement projects and anticipates an unprecedented 17 projects are currently under construction or will be under construction by December 2027. Based on current project needs and anticipated workload, staff estimates that an additional $3.5 million in contract authority is necessary to complete assignments and provide continued support for other Public Works engineering projects. Due to the volume of work assigned and Ghirardelli's continued involvement in several active projects, the current contract authorization is nearly exhausted.

Accordingly, staff recommends approval of the Second Amendment to the Consultant and Professional Services Agreement with Ghirardelli to increase the contract amount by $3.5 million, for a revised total not-to- exceed amount of $5 million, while maintaining all other terms and conditions of the agreement.

Approving the Second Amendment will ensure capital improvement projects and development projects are delivered timely. Staff is currently working on currently assigned projects and will continue providing critical engineering support until vacant City engineering positions are filled. Retaining these experienced project management professionals is in the City's best interest to maintain project continuity, meet delivery schedules, and support successful completion of the City's capital improvement and development programs.

FISCAL IMPACT
Funding for these as-needed consultant services will be drawn from existing capital improvement project budgets, reimbursed through applicable project grants, and/or funded through Council-approved professional services appropriations.

ATTACHMENTS

1. RESO Ghirardelli Contract_Second Amendment_CAO Stamp

2. Second Amendment Ghirardelli Proj Mgmt Agreement_CAO Stamp

3. 24-PW060_Ghirardelli Assoc. Inc. Consultant and Professional Svcs. Agreement On-Call Fed

4. 24PW060_First_Amendment_Ghirardelli_EXE

5. RESO 25-166 First Amendment Ghirardelli Proj Mgmt 24PW060 to $1,500,000

CONTACT
Leonard Job, P.E., Public Works Director (707) 648-4433 [email protected]

Page 112 of 536 ends

RESOLUTION NO. 26- __________ N.C.

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VALLEJO APPROVING THE

SECOND AMENDMENT TO THE CONSULTANT AND PROFESSIONAL SERVICES AGREEMENT WITH GHIRARDELLI ASSOCIATES, INC. TO INCREASE THE CONTRACT AMOUNT BY $3,500,000 TO A NOT-TO-EXCEED LIMIT OF $5,000,000, AND

AUTHORIZING THE CITY MANAGER TO EXECUTE SAME

WHEREAS, on February 27, 2023, the City of Vallejo publicly solicited Statements of Qualifications (RFQ) from qualified consulting firms licensed as Professional Civil Engineers in the State of California to provide on-call construction management, inspection, and related engineering support services for a variety of Public Works capital improvement and infrastructure projects; and

WHEREAS, the requested services included, but were not limited to, construction management, resident engineering, project administration, construction inspection, quality assurance, materials testing, document control, labor compliance, safety oversight, constructability review, and claims mitigation for transportation, utility, facility, and other public infrastructure projects, with the selected consultants to provide services under the direction of City staff on an as-needed basis; and

WHEREAS, although the on-call agreements may be utilized for projects funded from a variety of local, state, regional, and federal funding sources, and not all assignments will involve federally funded projects, the City required consultants to demonstrate qualifications and experience necessary to satisfy applicable state and federal requirements, including knowledge of Caltrans Local Assistance procedures, the Caltrans Local Assistance Procedures Manual (LAPM), the Local Assistance Program Guidelines (LAPG), Caltrans Standard Plans and Specifications, and other applicable state and federal regulations, so that the consultants are eligible to perform services on federally funded projects when assigned; and

WHEREAS, Ghirardelli Associates, Inc. submitted a Statement of Qualifications in response to the Request for Qualifications and, following the City's evaluation of qualifications in accordance with the selection criteria established in the solicitation, was determined to be a qualified firm capable of providing the required services and was selected for contract award; and

WHEREAS, on September 26, 2023, the City Council adopted Resolution No. 23-155 authorizing a Consultant and Professional Services Agreement with Ghirardelli Associates, Inc. ("Ghirardelli") in an amount not to exceed $500,000 through June 30, 2026, with options to extend the agreement annually through June 30, 2028 (“Agreement”); and

WHEREAS, on October 14, 2025, the City Council adopted Resolution No. 25-166 approving the First Amendment to the Agreement, increasing the not-to-exceed contract amount to $1,500,000 and extending the Agreement term through June 30, 2027; and

WHEREAS, the Agreement authorizes individual assignments through Statements of Work that establish the scope, schedule, and compensation for each project or task, allowing the City to efficiently obtain professional engineering services as needed while maintaining flexibility to

Page 113 of 536 ends

respond to changing project priorities and workload demands; and

WHEREAS, Ghirardelli continues to provide engineering staff to support ongoing CIP projects and Current Development permit review and inspection activities; and

WHEREAS, the continued need for Ghirardelli's services is driven by vacant engineering positions, an increasing number of active capital projects, and expanded developer construction oversight responsibilities; and

WHEREAS, based on current project demands and anticipated workload, the existing contract authority is nearly exhausted, and an additional $3,500,000 in contract authority is necessary to complete current assignments and provide continued engineering support for Public Works projects and development activities; and

WHEREAS, approval of the Second Amendment will increase the contract's not-to-exceed amount from $1,500,000 to $5,000,000 while leaving all other terms and conditions of the Agreement unchanged; and

WHEREAS, approval of the Second Amendment is in the best interest of the City because it will ensure continuity of engineering services, maintain project schedules, support successful delivery of the City's capital improvement and development programs, and provide critical engineering resources until vacant City engineering positions are filled.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Vallejo that the City Council hereby approves the Second Amendment to the Consultant and Professional Services Agreement with Ghirardelli Associates, Inc., increasing the contract amount by $3,500,000 for a revised total not-to-exceed amount of $5,000,000.

BE IT FURTHER RESOLVED that the City Manager, or designee, is authorized to execute the Second Amendment and any related documents necessary to implement the amendment, with any modifications as recommended by the City Attorney, and that the City Clerk shall attest to the signing of the amendment.

Adopted by the City Council of the City of Vallejo at a special meeting held on August 4, 2026, with the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

___________________________________

ANDREA SORCE, MAYOR

ATTEST: ___________________________________
DAWN G. ABRAHAMSON, CITY CLERK

Page 114 of 536 ends

Page 115 of 536 ends

24PW060 Second Amendment to Consultant and Professional Services Agreement On-Call Project Mgt. Fed Page 1 of 7 (Revised 01.2019)

SECOND AMENDMENT TO AGREEMENT BETWEEN

CITY OF VALLEJO
AND
GHIRARDELLI ASSOCIATES, INC.

This Second Amendment to the Consultant and Professional Services Agreement made and entered into on September 27, 2023, hereinafter referred to as “Agreement”, between the Ghirardelli Associates, Inc., a California corporation, therein referred to as “Consultant”, and the City of Vallejo, a municipal corporation, therein referred to as “City”, is made and entered into on this 5th day of August, 2026.

Whereas, on September 26, 2023, the City Council approved the Agreement with Consultant for an amount not to exceed $500,000 with an expiration date of June 30, 2026; and

Whereas, pursuant to the Agreement, Consultant provides project management services and engineering support to the City on an on-call basis; and

Whereas, on October 14, 2025, the City Council adopted Resolution No. 25-166 approving the First Amendment to the Agreement, increasing the contract amount to $1,500,000 and extending the term to June 30, 2027 (“First Amendment”); and

Whereas, the parties wish to amend the Agreement to increase the contract amount by an additional $3,500,000 to complete current assignments and provide continued engineering support for Public Works projects and development activities.

Now, therefore, Consultant and City do mutually agree as follows:

1. Replacement of Exhibit B. Exhibit B to the Agreement is hereby repealed and replaced in its entirety with the new Exhibit B attached hereto.

2. Integration. This Second Amendment contains the entire agreement between the parties with respect to its subject matter and supersedes whatever oral or written understanding they may have had prior to the execution of this Second Amendment. This Second Amendment shall not be amended or modified except by a written agreement executed by each of the parties. Except as specifically revised herein, all terms and conditions of the Agreement shall remain in full force and effect, and Consultant shall perform all duties, obligations and conditions required under the Agreement.

Page 116 of 536 ends

24PW060 Second Amendment to Consultant and Professional Services Agreement On-Call Project Mgt. Fed Page 2 of 7 (Revised 01.2019)

5. Counterparts. This Second Amendment may be executed by the parties in one or more counterparts, all of which collectively shall constitute one document and agreement.

6. Authority. The person signing this Second Amendment for Consultant hereby represents and warrants that he or she is fully authorized to sign this Second Amendment on behalf of Consultant.

(SIGNATURES ARE ON THE FOLLOWING PAGE)

Page 117 of 536 ends

24PW060 Second Amendment to Consultant and Professional Services Agreement On-Call Project Mgt. Fed Page 3 of 7 (Revised 01.2019)
IN WITNESS WHEREOF, the parties have entered into this Second Amendment on the day and year Second hereinabove appearing.

GHIRARDELLI ASSOCIATES, INC.,
a California corporation

BY:

Raewyn Lelo-Butcher
Executive Vice President

DATE:

(City Seal)

CITY OF VALLEJO,
a municipal corporation

BY:

Harry E. Black
City Manager

DATE:

ATTEST:

Dawn G. Abrahamson
City Clerk

APPROVED AS TO CONTENT:

Leonard Job
Public Works Director

APPROVED AS TO FORM:

Veronica A. F. Nebb
City Attorney

APPROVED AS TO INSURANCE:

Armond Sarkis
Risk Manager

Page 118 of 536 ends

24PW060 Second Amendment to Consultant and Professional Services Agreement On-Call Project Mgt. Fed Page 4 of 7 (Revised 01.2019)

EXHIBIT B

COMPENSATION

1. Consultant’s Compensation.

A. Services: City agrees to pay Consultant, at the rate(s) specified in Exhibit B, Attachment 1, for those services set forth in Exhibit A of this Agreement and for all authorized reimbursable expenses, for a total not to exceed Five Million Dollars and Zero Cents ($5,000,000.00).

B. Additional Services:

2. Appropriate Billable Hourly Rates for Services and Additional Services.

Consultant’s billable hourly rates shall be as listed in Exhibit B, Attachment 1, attached hereto and incorporated herein by this reference. Current rates for each task/project will be defined in each Statement of Work.

Rate Increases: Upon approval of City, Consultant shall be permitted to increase rates to adjust for cost of living wage increases at the beginning of the fiscal year or as agreed upon by City and Consultant. No price increases may be implemented without prior written approval of City. Requests for price increases must be made a minimum of ninety (90) days prior to the proposed effective date of the rate increase. To request a price increase, Consultant must submit a letter with an itemized list showing revised prices by line item. If City approves the price increase, Consultant shall be notified in writing, no price increase will be effective until Consultant receives this notice.

Page 119 of 536 ends

24PW060 Second Amendment to Consultant and Professional Services Agreement On-Call Project Mgt. Fed Page 5 of 7 (Revised 01.2019)

4. Payments to Consultant.

A. Payments to Consultant shall be made within a reasonable time after receipt of Consultant’s invoice, said payments to be made in proportion to services performed.

Consultant may request payment on a monthly basis. Consultant shall be responsible for the cost of supplying all documentation necessary to verify the monthly billings to the satisfaction of City.

B. All invoices submitted by Consultant shall contain the following information:

1. Description of services billed under this invoice

2. Date of Invoice Issuance

3. Sequential Invoice Number

4. City’s Purchase Order Number (if issued)

5. Amount of this Invoice (Itemize all Reimbursable Expenses”)

6. Total Billed to Date

C. Items shall be separated into Services and Reimbursable Expenses. Billings that do not conform to the format outlined above shall be returned to Consultant for correction.

City shall not be responsible for delays in payment to Consultant resulting from Consultant’s failure to comply with the invoice format described above.

D. Invoices, account statements and payment inquiries shall be emailed to :

[email protected]

The obligations of Consultant under this section shall survive this Agreement.

7. Taxpayer Identification Number. Consultant shall provide City with Consultant’s

Page 120 of 536 ends

24PW060 Second Amendment to Consultant and Professional Services Agreement On-Call Project Mgt. Fed Page 6 of 7 (Revised 01.2019)
complete Request for Taxpayer Identification Number and Certification, Form W-9, as issued by the Internal Revenue Service, and any other State or local tax identification number requested by City.

Page 121 of 536 ends

24PW060 Second Amendment to Consultant and Professional Services Agreement On-Call Project Mgt. Fed Page 7 of 7 (Revised 01.2019)
Exhibit B, Attachment 1

Rate Schedule

Page 122 of 536 ends

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R e q u i s i t i o n N u m b e r : 1 1 4 5 0 4 5 0 0 9 D a t e O r i g i n a t e d :

F i n a n c e D e p a r t m e n t ∙ 5 5 5 S a n t a C l a r a S t r e e t ∙ V a l l e j o ∙ C A ∙ 9 4 5 9 0 ∙ 7 0 7 . 6 4 8 . 4 5 9 2 D e p a r t m e n t : P u b l i c W o r k s D e p a r t m e n t s , E n g i n e e r i n g S t a f f C o n t a c t : D a n S e q u e i r a , B r i s a . l o n g@ c i t y o f v a l l e j o . n e t C o n t r a c t T y p e : M a s t e r C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t V e n d o r : G h i r a r d e l l i A s s o c i a t e s , I n c . V e n d o r N u m b e r : 1 0 3 3 3 1 B u s i n e s s L i c e n s e N u m b e r : 1 1 7 0 2 0 7 5 C o n t r a c t N o t t o E x c e e d A m o u n t : 5 0 0 0 0 0 . 0 0 C o n t r a c t S t a r t D a t e : S e p 2 7 , 2 0 2 3 E n d D a t e : J u n 3 0 , 2 0 2 6 O p t i o n t o E x t e n d : c a n e x t e n d i n i n t e r v a l s o f o n e y e a r , s h a l l n o t e x t e n d p a s t 6 / 3 0 / 2 8 A u t h o r i t y t o C o n t r a c t : C i t y C o u n c i l D a t e t o C o u n c i l : S e p 2 6 , 2 0 2 3 O t h e r C o m m e n t s :

T h i s c o n t r a c t i s f o r o n c a l l p r o j e c t m a n a g e m e n t ( f e d e r a l ) s e r v i c e s . R F Q w a s r e l e a s e d e a r l y 2 0 2 3 , c o n t r a c t w a s a w a r d e d S e p t e m b e r 2 6 , 2 0 2 3 . 5 f i r m s w e r e a w a r d e d s e p a r a t e c o n t r a c t s f o r t h i s c a t e g o r y . S t a t e m e n t o f W o r k s w i l l d e f i n e s p e c i f i c p r o j e c t s c o p e o f w o r k , e t c A t t a c h m e n t s a r e u p l o a d e d f o r r e v i e w h e r e : h t t p s : / / b i t . l y / v C o n t r a c t s A p p r o v e d P r e -R e q u i s i t i o n F o r m
I n s u r a n c e
I h a v e u p l o a d e d a d d i t i o n a l f i l e s . N o D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B

2 4 - PW 0 6 0
Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

Page 123 of 536 ends

C o n t r a c t a n d R o u t i n g F o r m
S i g n a t u r e P a g e
D e p a r t m e n t I n i t i a l D a t e C o m m e n t O r i g i n a t i n g D e p a r t m e n t / D i v i s i o n R i s k M a n a g e r
C i t y A t t o r n e y
F i n a n c e D e p a r t m e n t
C i t y M a n a g e r
C i t y C l e r k

R e t u r n e x e c u t e d c o n t r a c t t o : D a n S e q u e i r a D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B 9 / 2 8 / 2 0 2 3
9 / 2 9 / 2 0 2 3
1 0 / 6 / 2 0 2 3
1 0 / 6 / 2 0 2 3
1 0 / 1 0 / 2 0 2 3
1 0 / 1 0 / 2 0 2 3

Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

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S e p 2 2 , 2 0 2 3 1 : 5 6 P M , 1 1 4 5 0 4 5 0 0 9 P r e -R e q u i s i t i o n F o r m

F i n a n c e D e p a r t m e n t ∙ 5 5 5 S a n t a C l a r a S t r e e t ∙ V a l l e j o ∙ C A ∙ 9 4 5 9 0 ∙ 7 0 7 . 6 4 8 . 4 5 9 2 D e p a r t m e n t : P u b l i c W o r k s D e p a r t m e n t s , E n g i n e e r i n g S t a f f C o n t a c t : D a n S e q u e i r a , B r i s a . l o n g@ c i t y o f v a l l e j o . n e t V e n d o r : G h i r a r d e l l i A s s o c i a t e s , I n c . V e n d o r N u m b e r 1 0 3 3 3 1 Te r m : M u l t i -y e a r T e r m
A n t i c i p a t e d S t a r t D a t e : S e p 2 7 , 2 0 2 3 A n t i c i p a t e d E n d D a t e : J u n 3 0 , 2 0 2 6 A n t i c i p a t e d C o n t r a c t T y p e : M a s t e r C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t P u r c h a s i n g A u t h o r i t y : C i t y C o u n c i l A n t i c i p a t e d D a t e t o C o u n c i l : S e p 2 6 , 2 0 2 3 T o t a l P r o j e c t e d E x p e n d i t u r e : 5 0 0 0 0 0 . 0 0

M u l t i p l e P r o j e c t N u m b e r s ? N o , j u s t o n e M u l t i p l e A c c o u n t N u m b e r s ? N o , j u s t o n e

D e s c r i p t i o n o f P r o p o s e d P u r c h a s e :

T h i s i s f o r o n c a l l p r o j e c t m a n a g e m e n t ( f e d e r a l ) s e r v i c e s . 5 f i r m s w i l l b e a w a r d e d s e p a r a t e c o n t r a c t s f o r t h i s c a t e g o r y . R F Q w a s r e l e a s e d e a r l y 2 0 2 3 , c o n t r a c t s w i l l b e a w a r d e d S e p t e m b e r 2 0 2 3 I h a v e r e v i e w e d t h e c i t y -w i d e c o n t r a c t s , e x p e n d i t u r e a n d e n c u m b r a n c e r e p o r t s t o c o m p l y w i t h t h e V M C .

I t i s a n e x i s t i n g v e n d o r a n d I a m w o r k i n g t o t a k e a n a c t i o n t o t h e C i t y C o u n c i l b e c a u s e i t w i l l e x c e e d t h e C i t y - w i d e c a p o f $ 1 0 0 , 0 0 0 i n a s i n g l e F Y .

C o m p e t i t i v e P r o c e s s : I h a v e c o m p l e t e d a C o m p e t i t i v e P r o p o s a l P r o c e s s f o r S e r v i c e s W i n n i n g Q u o t e U p l o a d e d : Y e s

E x p l a n a t i o n f o r V e n d o r S e l e c t i o n :

V e n d o r w a s e v a l u a t e d a n d d e e m e d t o p o s s e s s a l l t h e r e q u e s t e d a r e a s o f e x p e r t i s e , h a v e r e c e n t e x p e r i e n c e h a n d l i n g o n c a l l s e r v i c e s f o r m u n i c i p a l i t i e s , a r e a v a i l a b l e t o c o m m e n c e s e r v i c e s i m m e d i a t e l y , a n d h a v e r e s o u r c e s a n d s t a f f i n g t o c o m p l e t e a s s i g n m e n t s o n a t i m e l y b a s i s .

U p l o a d e d d o c u m e n t s a v a i l a b l e f o r r e v i e w h t t p s : / / b i t . l y / v P r e R e q s .

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W i n n i n g B i d / Q u o t e / P r o p o s a l Y e s O t h e r B i d / Q u o t e / P r o p o s a l Y e s
D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B

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P r e -R e q u i s i t i o n S i g n a t u r e S e c t i o n

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D i g i t a l l y s i g n e d b y B r i s a L o n g D N : c n = B r i s a L o n g , o = C i t y o f V a l l e j o , o u = P u b l i c W o r k s , e m a i l = b r i s a . l o n g @ c i t y o f v a l l e j o . n e t , c = U S D a t e : 2 0 2 3 . 0 9 . 2 2 1 4 : 0 2 : 5 5 - 0 7 ' 0 0 ' D i g i t a l l y s i g n e d b y M e l i s s a L . T i g b a o D N : c n = M e l i s s a L . T i g b a o , o , o u , e m a i l = m e l i s s a . t i g b a o @ c i t y o f v a l l e j o . n e t , c = U S D a t e : 2 0 2 3 . 0 9 . 2 4 2 0 : 2 6 : 1 8 - 0 7 ' 0 0 '

D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 1 o f 1 1

C O N S U L T A N T A N D P R O F E S S I O N A L S E R V I C E S A G R E E M E N T

T h i s C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t ( " A g r e e m e n t " ) i s m a d e a t V a l l e j o , C a l i f o r n i a , d a t e d f o r r e f e r e n c e t h i s 2 7 t h d a y o f S e p t e m b e r 2 0 2 3 , b y a n d b e t w e e n t h e C i t y o f V a l l e j o , a m u n i c i p a l c o r p o r a t i o n ( " C i t y " ) , a n d G h i r a r d e l l i A s s o c i a t e s , I n c . , a C a l i f o r n i a co r p o r a t i o n , h e r e i n a f t e r r e f e r r e d t o a s “ C o n s u l t a n t ” , w h o a g r e e a s f o l l o w s :

1 . S e r v i c e s . S u b j e c t t o t h e t e r m s a n d c o n d i t i o n s s e t f o r t h i n t h i s A g r e e m e n t , C o n s u l t a n t s h a l l p r o v i d e t h e C i t y p r o f e s s i o n a l s e r v i c e s a s s p e c i f i e d i n E x h i b i t A , e n t i t l e d “ S c o p e o f W o r k . ”

2 . P a y m e n t . C i t y s h a l l p a y C o n s u l t a n t f o r s e r v i c e s r e n d e r e d p u r s u a n t t o t h i s A g r e e m e n t a t t h e t i m e s a n d i n t h e m a n n e r s e t f o r t h i n E x h i b i t B , e n t i t l e d “ C o m p e n s a t i o n . ” T h e p a y m e n t s s p e c i f i e d i n E x h i b i t B s h a l l b e t h e o n l y p a y m e n t s t o b e m a d e t o C o n s u l t a n t f o r s e r v i c e s r e n d e r e d p u r s u a n t t o t h i s A g r e e m e n t .

3 . F a c i l i t i e s a n d E q u i p m e n t . C o n s u l t a n t s h a l l , a t i t s s o l e c o s t a n d e x p e n s e , f u r n i s h a l l f a c i l i t i e s a n d e q u i p m e n t w h i c h m a y b e r e q u i r e d f o r f u r n i s h i n g s e r v i c e s p u r s u a n t t o t h i s A g r e e m e n t .

4 . I n d e m n i f i c a t i o n . C o n s u l t a n t s h a l l i n d e m n i f y , h o l d h a r m l e s s , a n d d e f e n d C i t y , i t s o f f i c e r s , o f f i c i a l s , d i r e c t o r s , e m p l o y e e s , a g e n t s , v o l u n t e e r s a n d a f f i l i a t e s a n d e a c h o f t h e m f r o m a n y a n d a l l c l a i m s , d e m a n d s , c a u s e s o f a c t i o n , d a m a g e s , c o s t s , e x p e n s e s , a c t u a l a t t o r n e y ’ s f e e s , c o n s u l t a n t ’ s f e e s , e x p e r t f e e s , l o s s e s o r l i a b i l i t y , i n l a w o r i n e q u i t y , o f e v e r y k i n d a n d n a t u r e w h a t s o e v e r a r i s i n g o u t o f o r i n c o n n e c t i o n w i t h C o n s u l t a n t ’ s o p e r a t i o n s , o r a n y s u b c o n t r a c t o r ’ s o p e r a t i o n s , t o b e p e r f o r m e d u n d e r t h i s a g r e e m e n t f o r C o n s u l t a n t ’ s o r s u b c o n t r a c t o r ’ s t o r t n e g l i g e n c e i n c l u d i n g a c t i v e o r p a s s i v e , o r s t r i c t n e g l i g e n c e , i n c l u d i n g b u t n o t l i m i t e d t o p e r s o n a l i n j u r y i n c l u d i n g , b u t n o t l i m i t e d t o b o d i l y i n j u r y , e m o t i o n a l i n j u r y , s i c k n e s s o r d i s e a s e , o r d e a t h t o p e r s o n s a n d / o r d a m a g e t o p r o p e r t y o f a n y o n e , i n c l u d i n g l o s s o f u s e t h e r e o f , c a u s e d o r a l l e g e d t o b e c a u s e d b y a n y a c t o r o m i s s i o n o f C o n s u l t a n t , o r a n y s u b c o n t r a c t o r , o r a n y o n e d i r e c t l y o r i n d i r e c t l y e m p l o y e d b y a n y o f t h e m o r a n y o n e f o r t h e f u l l p e r i o d o f t i m e a l l o w e d b y t h e l a w , r e g a r d l e s s t o a n y l i m i t a t i o n b y i n s u r a n c e , w i t h t h e e x c e p t i o n o f t h e s o l e n e g l i g e n c e o r w i l l f u l m i s c o n d u c t o f t h e C i t y .

T h e p r o v i s i o n s o f t h i s s e c t i o n s h a l l s u r v i v e t h e e x p i r a t i o n o r t e r m i n a t i o n o f t h i s A g r e e m e n t .

D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 2 o f 1 1 5 . I n s u r a n c e R e q u i r e m e n t s . C o n s u l t a n t a g r e e s t o c o m p l y w i t h a l l o f t h e I n s u r a n c e R e q u i r e m e n t s s e t f o r t h i n E x h i b i t C , e n t i t l e d “ I n s u r a n c e R e q u i r e m e n t s f o r C o n s u l t a n t . ” F a i l u r e t o m a i n t a i n r e q u i r e d i n s u r a n c e a t a l l t i m e s s h a l l c o n s t i t u t e a d e f a u l t a n d m a t e r i a l b r e a c h .

6 . A c c i d e n t R e p o r t s . C o n s u l t a n t s h a l l i m m e d i a t e l y r e p o r t ( a s s o o n a s f e a s i b l e , b u t n o t m o r e t h a n 2 4 h o u r s ) t o t h e C i t y R i s k M a n a g e r a n y a c c i d e n t o r o t h e r o c c u r r e n c e c a u s i n g i n j u r y t o p e r s o n s o r p r o p e r t y d u r i n g t h e p e r f o r m a n c e o f t h i s A g r e e m e n t . T h e r e p o r t s h a l l b e m a d e i n w r i t i n g a n d s h a l l i n c l u d e , a t a m i n i m u m : ( a ) t h e n a m e s , a d d r e s s e s , a n d t e l e p h o n e n u m b e r s o f t h e p e r s o n s i n v o l v e d , ( b ) t h e n a m e s , a d d r e s s e s , a n d t e l e p h o n e n u m b e r s o f a n y k n o w n w i t n e s s e s , ( c ) t h e d a t e , t i m e , a n d d e s c r i p t i o n o f t h e a c c i d e n t o r o t h e r o c c u r r e n c e .

7 . C o n f l i c t o f I n t e r e s t . C o n s u l t a n t w a r r a n t s a n d r e p r e s e n t s t h a t t o t h e b e s t o f i t s k n o w l e d g e , t h e r e e x i s t s n o a c t u a l o r p o t e n t i a l c o n f l i c t b e t w e e n C o n s u l t a n t ’ s f a m i l y , b u s i n e s s , r e a l p r o p e r t y o r f i n a n c i a l i n t e r e s t s a n d t h e s e r v i c e s t o b e p r o v i d e d u n d e r t h i s A g r e e m e n t . C o n s u l t a n t s h a l l c o m p l y w i t h t h e C i t y o f V a l l e j o C o n f l i c t o f I n t e r e s t C o d e a n d n o t e n t e r i n t o a n y c o n t r a c t o r a g r e e m e n t d u r i n g t h e p e r f o r m a n c e o f t h i s A g r e e m e n t w h i c h w i l l c r e a t e a c o n f l i c t o f i n t e r e s t w i t h i t s d u t i e s t o C i t y u n d e r t h i s A g r e e m e n t . I n t h e e v e n t o f a c h a n g e i n C o n s u l t a n t ’ s f a m i l y , b u s i n e s s , r e a l p r o p e r t y , o r f i n a n c i a l i n t e r e s t s o c c u r s d u r i n g t h e t e r m o f t h i s A g r e e m e n t t h a t c r e a t e s a n a c t u a l o r p o t e n t i a l c o n f l i c t o f i n t e r e s t , t h e n C o n s u l t a n t s h a l l d i s c l o s e s u c h c o n f l i c t i n w r i t i n g t o C i t y . E v e r y i n d i v i d u a l w h o p e r f o r m s s e r v i c e s o n b e h a l f o f C o n s u l t a n t p u r s u a n t t o t h i s A g r e e m e n t m u s t f i l e a f u l l S t a t e m e n t o f E c o n o m i c I n t e r e s t s ( a l s o k n o w n a s F o r m 7 0 0 ) w i t h t h e C i t y C l e r k i f t h e w o r k o f t h e i n d i v i d u a l i n v o l v e s m a k i n g a g o v e r n m e n t a l d e c i s i o n w h e t h e r t o i s s u e , d e n y , s u s p e n d , o r r e v o k e a n y p e r m i t , l i c e n s e , a p p l i c a t i o n , c e r t i f i c a t e , a p p r o v a l , o r d e r , o r s i m i l a r a u t h o r i z a t i o n o r e n t i t l e m e n t ; a u t h o r i z e s t h e C i t y t o e n t e r i n t o , m o d i f y , o r r e n e w a c o n t r a c t ; g r a n t s C i t y a p p r o v a l o f s p e c i f i c a t i o n s f o r a c o n t r a c t ; a d o p t s o r a p p r o v e s f o r t h e C i t y a n y p o l i c y , s t a n d a r d o r g u i d e l i n e ; l o b b i e s o n b e h a l f o f t h e C i t y , o r p e r f o r m s t h e s a m e o r s u b s t a n t i a l l y a l l t h e s a m e d u t i e s f o r t h e C i t y t h a t w o u l d o t h e r w i s e b e p e r f o r m e d b y a n i n d i v i d u a l h o l d i n g a p o s i t i o n s p e c i f i e d i n t h e C i t y ’ s C o n f l i c t o f I n t e r e s t C o d e .

8 . I n d e p e n d e n t C o n t r a c t o r . C o n s u l t a n t i s a n i n d e p e n d e n t c o n t r a c t o r .

N e i t h e r C o n s u l t a n t n o r a n y o f C o n s u l t a n t ’ s o f f i c e r s , e m p l o y e e s , a g e n t s , o r s u b c o n t r a c t o r s , i f a n y , i s a n e m p l o y e e o f C i t y b y v i r t u e o f t h i s A g r e e m e n t o r p e r f o r m a n c e o f a n y s e r v i c e s p u r s u a n t t o t h i s A g r e e m e n t . C i t y s h a l l h a v e t h e r i g h t t o c o n t r o l C o n s u l t a n t o n l y i n s o f a r a s t h e r e s u l t s o f C o n s u l t a n t ’ s s e r v i c e s r e n d e r e d p u r s u a n t t o t h i s A g r e e m e n t ; h o w e v e r , C i t y s h a l l n o t h a v e t h e r i g h t t o c o n t r o l t h e m e a n s b y w h i c h C o n s u l t a n t a c c o m p l i s h e s s e r v i c e s p u r s u a n t t o t h i s A g r e e m e n t .

9 . L i c e n se s , P e r m i t s , E t c . C o n s u l t a n t r e p r e s e n t s a n d w a r r a n t s t o C i t y t h a t a l l c o n s u l t a n t s e r v i c e s s h a l l b e p r o v i d e d b y a p e r s o n o r p e r s o n s d u l y l i c e n s e d b y t h e S t a t e o f C a l i f o r n i a t o p r o v i d e t h e t y p e o f s e r v i c e s t o b e p e r f o r m e d u n d e r t h i s A g r e e m e n t a n d t h a t C o n s u l t a n t h a s a l l t h e p D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B e r m i t s , q u a l i f i c a t i o n s a n d a p p r o v a l s o f Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 3 o f 1 1 w h a t s o e v e r n a t u r e w h i c h a r e l e g a l l y r e q u i r e d f o r C o n s u l t a n t t o p r a c t i c e i t s p r o f e s s i o n . C o n s u l t a n t r e p r e s e n t s a n d w a r r a n t s t o C i t y t h a t i t s h a l l , a t i t s s o l e c o s t a n d e x p e n s e , k e e p i n e f f e c t a t a l l t i m e s d u r i n g t h e t e r m o f t h i s A g r e e m e n t a n y l i c e n s e s , p e r m i t s , a n d a p p r o v a l s w h i c h a r e l e g a l l y r e q u i r e d f o r C o n s u l t a n t t o p r a c t i c e i t s p r o f e s s i o n .

1 0 . B u s i n e s s L i c e n s e . C o n s u l t a n t , a n d i t s s u b c o n t r a c t o r s , h a s o b t a i n e d o r a g r e e s t o a p p l y p r i o r t o p e r f o r m i n g a n y s e r v i c e s u n d e r t h i s A g r e e m e n t t o C i t y ’ s F i n a n c e D e p a r t m e n t f o r a b u s i n e s s l i c e n s e , p a y t h e a p p l i c a b l e b u s i n e s s l i c e n s e t a x a n d m a i n t a i n s a i d b u s i n e s s l i c e n s e d u r i n g t h e t e r m o f t h i s A g r e e m e n t . T h e f a i l u r e t o o b t a i n s u c h l i c e n s e s h a l l b e a m a t e r i a l b r e a c h o f t h i s A g r e e m e n t a n d g r o u n d s f o r t e r m i n a t i o n b y C i t y . N o p a y m e n t s s h a l l b e m a d e t o C o n s u l t a n t u n t i l s u c h b u s i n e s s l i c e n s e ( s ) h a s b e e n o b t a i n e d .

1 1 . S t a n d a r d o f P e r f o r m a n c e . C o n s u l t a n t s h a l l p r o v i d e p r o d u c t s a n d p e r f o r m a l l s e r v i c e s r e q u i r e d p u r s u a n t t o t h i s A g r e e m e n t i n a c c o r d a n c e w i t h g e n e r a l l y a c c e p t e d p r o f e s s i o n a l p r a c t i c e s a n d p r i n c i p l e s a n d i n a m a n n e r c o n s i s t e n t w i t h t h e l e v e l o f c a r e a n d s k i l l o r d i n a r i l y e x e r c i s e d u n d e r s i m i l a r c o n d i t i o n s b y a m e m b e r o f C o n s u l t a n t ’ s p r o f e s s i o n c u r r e n t l y p r a c t i c i n g i n C a l i f o r n i a .

C o n s u l t a n t i s r e s p o n s i b l e f o r m a k i n g a n i n d e p e n d e n t e v a l u a t i o n a n d j u d g m e n t o f a l l c o n d i t i o n s a f f e c t i n g p e r f o r m a n c e o f t h e w o r k , i n c l u d i n g w i t h o u t l i m i t a t i o n a p p l i c a b l e f e d e r a l , s t a t e , a n d l o c a l l a w s a n d r e g u l a t i o n s , a n d a l l o t h e r c o n t i n g e n c i e s o r c o n s i d e r a t i o n s .

C o n s u l t a n t ’ s r e s p o n s i b i l i t i e s u n d e r t h i s s e c t i o n s h a l l n o t b e d e l e g a t e d . C o n s u l t a n t s h a l l b e r e s p o n s i b l e t o C i t y f o r a c t s , e r r o r s , o r o m i s s i o n s o f C o n s u l t a n t ’ s s u b c o n t r a c t o r s .

C o n s u l t a n t i s r e s p o n s i b l e f o r m a k i n g a n i n d e p e n d e n t e v a l u a t i o n a n d j u d g m e n t o f a l l c o n d i t i o n s a f f e c t i n g p e r f o r m a n c e o f t h e w o r k a n d s h a l l p r e p a r e p l a n s , r e p o r t s , a n d / o r o t h e r w o r k p r o d u c t s i n s u c h a w a y t h a t a d d i t i o n a l c o s t s w i l l n o t b e i n c u r r e d b e y o n d a p r o j e c t b u d g e t a p p r o v e d o r a m e n d e d b y t h e C i t y M a n a g e r o r h i s o r h e r d e s i g n e e .

W h e n e v e r t h e s c o p e o f w o r k r e q u i r e s o r p e r m i t s r e v i e w , a p p r o v a l , c o n d i t i o n a l a p p r o v a l o r d i s a p p r o v a l b y C i t y , i t i s u n d e r s t o o d t h a t s u c h r e v i e w , a p p r o v a l , c o n d i t i o n a l a p p r o v a l o r d i s a p p r o v a l i s s o l e l y f o r t h e p u r p o s e s o f a d m i n i s t e r i n g t h i s A g r e e m e n t a n d d e t e r m i n i n g w h e t h e r t h e C o n s u l t a n t i s e n t i t l e d t o p a y m e n t f o r s u c h w o r k , a n d n o t b e c o n s t r u e d a s a w a i v e r o f a n y b r e a c h o r a c c e p t a n c e b y t h e C i t y o f a n y r e s p o n s i b i l i t y , p r o f e s s i o n a l o r o t h e r w i s e , f o r t h e w o r k , a n d s h a l l n o t r e l i e v e t h e C o n s u l t a n t o f r e s p o n s i b i l i t y f o r c o m p l y i n g w i t h t h e s t a n d a r d o f p e r f o r m a n c e o r l a w s , r e g u l a t i o n s , i n d u s t r y s t a n d a r d s , o r f r o m l i a b i l i t y f o r d a m a g e s c a u s e d b y n e g l i g e n t a c t s , e r r o r s , o m i s s i o n s , n o n c o m p l i a n c e w i t h i n d u s t r y s t a n d a r d s , o r t h e w i l l f u l m i s c o n d u c t o f C o n s u l t a n t .

D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 4 o f 1 1

1 2 . F o r c e M a j e u r e . N e i t h e r p a r t y s h a l l b e c o n s i d e r e d i n d e f a u l t o f t h i s A g r e e m e n t t o t h e e x t e n t p e r f o r m a n c e s a r e p r e v e n t e d o r d e l a y e d b y c a u s e s o r c i r c u m s t a n c e s b e y o n d e i t h e r p a r t y ’ s r e a s o n a b l e c o n t r o l , s u c h a s w a r , r i o t s , s t r i k e s , l o c k o u t s , w o r k s l o w d o w n o r s t o p p a g e , a c t s o f G o d , s u c h a s f l o o d s o r e a r t h q u a k e s , a n d e l e c t r i c a l b l a c k o u t s o r b r o w n o u t s .

I n t h e e v e n t t h a t t h e C o n s u l t a n t i s u n a b l e t o m e e t t h e c o m p l e t i o n d a t e o r s c h e d u l e o f s e r v i c e s , C o n s u l t a n t s h a l l i m m e d i a t e l y i n f o r m t h e C i t y R e p r e s e n t a t i v e o f t h i s i n w r i t i n g . I f a d d i t i o n a l t i m e i s r e q u i r e d t o p e r f o r m t h e w o r k , t h e C i t y R e p r e s e n t a t i v e m a y a d j u s t t h e s c h e d u l e .

1 3 . T i m e i s o f t h e E s s e n c e . T i m e i s o f t h e e s s e n c e i n t h i s A g r e e m e n t .

A n y r e f e r e n c e t o d a y s m e a n s c a l e n d a r d a y s , u n l e s s o t h e r w i s e s p e c i f i c a l l y s t a t e d .

1 4 . P e r s o n n e l . C o n s u l t a n t a g r e e s t o a s s i g n o n l y c o m p e t e n t p e r s o n n e l a c c o r d i n g t o t h e r e a s o n a b l e a n d c u s t o m a r y s t a n d a r d s o f t r a i n i n g a n d e x p e r i e n c e i n t h e r e l e v a n t f i e l d t o p e r f o r m s e r v i c e s u n d e r t h i s A g r e e m e n t . F a i l u r e t o a s s i g n s u c h c o m p e t e n t p e r s o n n e l s h a l l c o n s t i t u t e g r o u n d s f o r t e r m i n a t i o n o f t h i s A g r e e m e n t .

T h e p a y m e n t m a d e t o C o n s u l t a n t p u r s u a n t t o t h i s A g r e e m e n t s h a l l b e t h e f u l l a n d c o m p l e t e c o m p e n s a t i o n t o w h i c h C o n s u l t a n t a n d C o n s u l t a n t ’ s o f f i c e r s , e m p l o y e e s , a g e n t s , a n d s u b c o n t r a c t o r s a r e e n t i t l e d f o r p e r f o r m a n c e o f a n y w o r k u n d e r t h i s A g r e e m e n t . N e i t h e r C o n s u l t a n t n o r C o n s u l t a n t ’ s o f f i c e r s o r e m p l o y e e s a r e e n t i t l e d t o a n y s a l a r y o r w a g e s , o r r e t i r e m e n t , h e a l t h , l e a v e o r o t h e r f r i n g e b e n e f i t s a p p l i c a b l e t o e m p l o y e e s o f t h e C i t y . T h e C i t y w i l l n o t m a k e a n y f e d e r a l o r s t a t e t a x w i t h h o l d i n g s o n b e h a l f o f C o n s u l t a n t . T h e C i t y s h a l l n o t b e r e q u i r e d t o p a y a n y w o r k e r s ' c o m p e n s a t i o n i n s u r a n c e o n b e h a l f o f C o n s u l t a n t .

C o n s u l t a n t s h a l l p a y , w h e n a n d a s d u e , a n y a n d a l l t a x e s i n c u r r e d a s a r e s u l t o f C o n s u l t a n t ’ s c o m p e n s a t i o n h e r e u n d e r , i n c l u d i n g e s t i m a t e d t a x e s , a n d s h a l l p r o v i d e C i t y w i t h p r o o f o f s u c h p a y m e n t s u p o n r e q u e s t .

1 5 . C o n s u l t a n t N o t A g e n t . E x c e p t a s a u t h o r i z e d u n d e r t h i s A g r e e m e n t o r a s C i t y m a y a u t h o r i z e i n a l e t t e r o f a u t h o r i z a t i o n s i g n e d b y t h e C i t y M a n a g e r o r h i s o r h e r d e s i g n e e , C o n s u l t a n t s h a l l h a v e n o a u t h o r i t y , e x p r e s s o r i m p l i e d t o a c t o n b e h a l f o f C i t y i n a n y c a p a c i t y w h a t s o e v e r a s a n a g e n t . C o n s u l t a n t s h a l l h a v e n o a u t h o r i t y , e x p r e s s o r i m p l i e d , u n d e r t h i s A g r e e m e n t , t o b i n d C i t y t o a n y o b l i g a t i o n w h a t s o e v e r .

1 6 . T e r m . T h e t e r m o f t h i s A g r e e m e n t s h a l l c o m m e n c e o n S e p t e m b e r 2 7 , 2 0 2 3 a n d s h a l l c o n t i n u e i n f u l l f o r c e a n d e f f e c t u n t i l J u n e 3 0 , 2 0 2 6 .

C i t y s h a l l , a t i t s d i s c r e t i o n , h a v e t h e r i g h t t o e x t e n d t h e t e r m o f t h i s A g r e e m e n t , i n D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B i n t e r v a l s o f o n e y e a r , b y w r i t t e n n o t i c e t o C o n s u l t a n t . T h e t o t a l d u r a t i o n o f t h i s Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 5 o f 1 1 A g r e e m e n t , i n c l u d i n g t h e e x e r c i s e o f a n y o p t i o n s u n d e r t h i s s e c t i o n , s h a l l n o t e x t e n d p a s t J u n e 3 0 , 2 0 2 8 .

I f t h e t e r m o f t h i s A g r e e m e n t e x t e n d s i n t o f i s c a l y e a r s s u b s e q u e n t t o t h a t i n w h i c h i t i s a p p r o v e d , s u c h c o n t i n u a t i o n o f t h e A g r e e m e n t i s c o n t i n g e n t o n t h e a p p r o p r i a t i o n o f f u n d s f o r s u c h p u r p o s e b y t h e C i t y C o u n c i l o f t h e C i t y o f V a l l e j o .

I f f u n d s t o e f f e c t s u c h c o n t i n u e d p a y m e n t a r e n o t a p p r o p r i a t e d , C o n s u l t a n t a g r e e s t o t e r m i n a t e a n y s e r v i c e s s u p p l i e d t o C i t y o f V a l l e j o u n d e r t h i s A g r e e m e n t , a n d r e l i e v e C i t y o f a n y f u r t h e r o b l i g a t i o n t h e r e f o r e .

1 7 . T e r m i n a t i o n o r A b a n d o n m e n t b y C i t y . T h e C i t y h a s t h e r i g h t , a t a n y t i m e a n d i n i t s s o l e d i s c r e t i o n , t o i m m e d i a t e l y t e r m i n a t e o r a b a n d o n a n y p o r t i o n o r a l l o f t h e s e r v i c e s t o b e p r o v i d e d u n d e r t h i s A g r e e m e n t b y g i v i n g n o t i c e t o C o n s u l t a n t . U p o n r e c e i p t o f a n o t i c e o f t e r m i n a t i o n , C o n s u l t a n t s h a l l p e r f o r m n o f u r t h e r w o r k e x c e p t a s s p e c i f i e d i n t h e n o t i c e . B e f o r e t h e d a t e o f t e r m i n a t i o n , C o n s u l t a n t s h a l l d e l i v e r t o C i t y a l l C i t y r e c o r d s a n d d o c u m e n t s , a l l w o r k p r o d u c t , w h e t h e r c o m p l e t e d o r n o t , a s o f t h e d a t e o f t e r m i n a t i o n a n d n o t o t h e r w i s e p r e v i o u s l y d e l i v e r e d .

T h e C i t y s h a l l p a y C o n s u l t a n t f o r s e r v i c e s p e r f o r m e d i n a c c o r d a n c e w i t h t h i s A g r e e m e n t b e f o r e t h e d a t e o f t e r m i n a t i o n . I f t h i s c o n t r a c t p r o v i d e s f o r p a y m e n t o f a l u m p s u m f o r a l l s e r v i c e s o r b y t a s k a n d t e r m i n a t i o n o c c u r s b e f o r e c o m p l e t i o n o f t h e w o r k o r a n y d e f i n e d t a s k w h i c h a c c o r d i n g t o t h e p e r f o r m a n c e s c h e d u l e w a s c o m m e n c e d b e f o r e t h e n o t i c e o f t e r m i n a t i o n , t h e f e e f o r s e r v i c e s p e r f o r m e d s h a l l b e b a s e d o n a n a m o u n t m u t u a l l y a g r e e d t o b y C i t y a n d C o n s u l t a n t f o r t h e p o r t i o n o f w o r k c o m p l e t e d i n c o n f o r m a n c e w i t h t h i s A g r e e m e n t b e f o r e t h e d a t e o f t e r m i n a t i o n . I n a d d i t i o n , t h e C i t y w i l l r e i m b u r s e C o n s u l t a n t f o r a u t h o r i z e d e x p e n s e s i n c u r r e d a n d n o t p r e v i o u s l y r e i m b u r s e d . T h e C i t y s h a l l n o t b e l i a b l e f o r a n y f e e s o r c o s t s a s s o c i a t e d f o r t h e t e r m i n a t i o n o r a b a n d o n m e n t e x c e p t f o r t h e f e e s , a n d r e i m b u r s e m e n t o f a u t h o r i z e d e x p e n s e s , p a y a b l e p u r s u a n t t o t h i s s e c t i o n .

1 8 . P r o d u c t s o f C o n s u l t i n g S e r v i c e s . T h e w o r k p r o d u c t , i n c l u d i n g w i t h o u t l i m i t a t i o n , a l l w r i t i n g s , w o r k s h e e t s , r e p o r t s , r e c o r d i n g s , d r a w i n g s , f i l e s , d e t a i l e d c a l c u l a t i o n s a n d o t h e r w o r k p r o d u c t s , w h e t h e r c o m p l e t e o r i n c o m p l e t e , o f C o n s u l t a n t r e s u l t i n g f r o m s e r v i c e s r e n d e r e d p u r s u a n t t o t h i s A g r e e m e n t , s h a l l b e c o m e t h e p r o p e r t y o f C i t y . C o n s u l t a n t a g r e e s t h a t a l l c o p y r i g h t s w h i c h a r i s e f r o m c r e a t i o n o f t h e w o r k u n d e r t h i s A g r e e m e n t s h a l l b e v e s t e d i n t h e C i t y a n d w a i v e s a n d r e l i n q u i s h e s a l l c l a i m s t o c o p y r i g h t o r o t h e r i n t e l l e c t u a l p r o p e r t y r i g h t s i n f a v o r o f t h e C i t y . C i t y a c k n o w l e d g e s t h a t i t s u s e o f t h e w o r k p r o d u c t i s l i m i t e d t o t h e p u r p o s e s c o n t e m p l a t e d b y t h e s c o p e o f w o r k a n d t h a t t h e C o n s u l t a n t m a k e s n o r e p r e s e n t a t i o n o f t h e s u i t a b i l i t y o f t h e w o r k p r o d u c t f o r u s e i n o r a p p l i c a t i o n t o c i r c u m s t a n c e s n o t c o n t e m p l a t e d b y t h e s c o p e o f w o r k .

D o c u m e n t s s u b m i t t e d t o t h e C i t y i n e l e c t r o n i c f o r m a t s h a l l b e f o r m a t t e d a c c o r d i n g t o s p e c i f i c a t i o n s p r o v i d e d b y t h e C i t y , o r i f n o t o t h e r w i s e s p e c i f i e d , i n M i c r o s o f t D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B W o r d , E x c e l , P o w e r P o i n t o r o t h e r M i c r o s o f t O f f i c e S u i t e ( 2 0 0 2 ) f o r m a t a s Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 6 o f 1 1 a p p r o p r i a t e f o r t h e p a r t i c u l a r w o r k p r o d u c t o r , i f d i r e c t e d b y t h e C i t y R e p r e s e n t a t i v e i n A d o b e A c r o b a t P D F f o r m a t .

1 9 . C o o p e r a t i o n b y C i t y . C i t y s h a l l , t o t h e e x t e n t r e a s o n a b l e a n d p r a c t i c a b l e , a s s i s t a n d c o o p e r a t e w i t h C o n s u l t a n t i n t h e p e r f o r m a n c e o f C o n s u l t a n t ’ s s e r v i c e s h e r e u n d e r .

2 0 . A s s i g n m e n t a n d S u b c o n t r a c t i n g . C o n s u l t a n t s h a l l n o t s u b c o n t r a c t , a s s i g n o r t r a n s f e r v o l u n t a r i l y o r i n v o l u n t a r i l y a n y o f i t s r i g h t s , d u t i e s o r o b l i g a t i o n u n d e r t h i s A g r e e m e n t w i t h o u t t h e e x p r e s s w r i t t e n c o n s e n t o f t h e C i t y M a n a g e r o r h i s o r h e r d e s i g n e e i n e a c h i n s t a n c e . A n y a t t e m p t e d o r p u r p o r t e d a s s i g n m e n t o f a n y r i g h t , d u t y o r o b l i g a t i o n u n d e r t h i s A g r e e m e n t w i t h o u t s a i d c o n s e n t s h a l l b e v o i d a n d o f n o e f f e c t .

I f s u b c o n t r a c t i n g o f w o r k i s p e r m i t t e d , C o n s u l t a n t s h a l l p a y i t s s u b c o n t r a c t o r w i t h i n t e n ( 1 0 ) d a y s o f r e c e i p t o f p a y m e n t b y C i t y f o r w o r k p e r f o r m e d b y a s u b c o n t r a c t o r a n d b i l l e d b y t h e C o n s u l t a n t . U s e o f t h e t e r m s u b c o n t r a c t o r i n a n y o t h e r p r o v i s i o n o f t h i s c o n t r a c t s h a l l n o t b e c o n s t r u e d t o i m p l y a u t h o r i z a t i o n f o r C o n s u l t a n t t o u s e s u b c o n t r a c t o r s f o r p e r f o r m a n c e o f a n y s e r v i c e u n d e r t h i s A g r e e m e n t .

T h e C i t y i s a n i n t e n d e d b e n e f i c i a r y o f a n y w o r k p e r f o r m e d b y C o n s u l t a n t ’ s s u b c o n t r a c t o r f o r p u r p o s e s o f e s t a b l i s h i n g a d u t y o f c a r e b e t w e e n t h e s u b c o n t r a c t o r a n d C i t y .

A n y s u b c o n t r a c t o r o r a s s i g n e e c o n s e n t e d t o b y C i t y s h a l l b e b o u n d b y a l l t e r m s a n d c o n d i t i o n s o f t h i s a g r e e m e n t a n d t h e s a m e s h a l l b e i n c o r p o r a t e d i n t o a n d m a d e a p a r t o f a n y a s s i g n m e n t o r s u b c o n t r a c t o r a g r e e m e n t .

2 1 . S u c c e s s o r s a n d A s s i g n s . A l l t e r m s , c o n d i t i o n s , a n d p r o v i s i o n s o f t h i s A g r e e m e n t s h a l l a p p l y t o a n d b i n d t h e r e s p e c t i v e h e i r s , e x e c u t o r s , a d m i n i s t r a t o r s , s u c c e s s o r s , a n d a s s i g n s o f t h e p a r t i e s . N o t h i n g i n t h i s s e c t i o n i s i n t e n d e d t o a f f e c t t h e l i m i t a t i o n o n a s s i g n m e n t .

2 2 . N o n -D i s c r i m i n a t i o n / F a i r E m p l o y m e n t P r a c t i c e s .

( a ) C o n s u l t a n t s h a l l n o t , b e c a u s e o f r a c e , r e l i g i o u s c r e e d , c o l o r , s e x , n a t i o n a l o r i g i n a l , a n c e s t r y , d i s a b i l i t y , m e d i c a l c o n d i t i o n , a g e , m a r i t a l s t a t u s o r s e x u a l o r i e n t a t i o n o f a n y p e r s o n , r e f u s e t o h i r e o r e m p l o y , o r t o b a r o r d i s c h a r g e f r o m e m p l o y m e n t , o r t o d i s c r i m i n a t e i n c o m p e n s a t i o n , o r i n t e r m s , c o n d i t i o n s o r p r i v i l e g e s a n y p e r s o n , a n d e v e r y e m p l o y e e w i l l r e c e i v e e q u a l o p p o r t u n i t y f o r e m p l o y m e n t a n d s h a l l b e g r a n t e d e q u a l t r e a t m e n t w i t h r e s p e c t t o c o m p e n s a t i o n , t e r m s , c o n d i t i o n s o r o t h e r p r i v i l e g e s o f e m p l o y m e n t , w i t h o u t r e g a r d t o h i s r a c e , r e l i g i o u s c r e e d , c o l o r , s e x , n a t i o n a l o r i g i n , a n c e s t r y , o r d i s a b i l i t y , m e d i c a l c o n d i t i o n , a g e , m a r i t a l s t a t u s o r s e x u a l o r i e n t a t i o n .

D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 7 o f 1 1 C o n s u l t a n t w a r r a n t s a n d r e p r e s e n t s i t i s a n e q u a l o p p o r t u n i t y e m p l o y e r a n d a g r e e s i t s h a l l n o t d i s c r i m i n a t e o n t h e b a s i s o f r a c e , r e l i g i o u s c r e e d , c o l o r , s e x , n a t i o n a l o r i g i n , a n c e s t r y , d i s a b i l i t y , m e d i c a l c o n d i t i o n , a g e , m a r i t a l s t a t u s o r s e x u a l o r i e n t a t i o n i n t h e s e l e c t i o n a n d r e t e n t i o n o f e m p l o y e e s , s u b c o n t r a c t o r s o r p r o c u r e m e n t o f m a t e r i a l s o r e q u i p m e n t .

I n a l l s o l i c i t a t i o n s e i t h e r b y c o m p e t i t i v e b i d d i n g o r n e g o t i a t i o n s m a d e b y C o n s u l t a n t f o r w o r k t o b e p e r f o r m e d u n d e r a n y s u b c o n t r a c t , i n c l u d i n g p r o c u r e m e n t o f m a t e r i a l s o r e q u i p m e n t , e a c h p o t e n t i a l s u b c o n t r a c t o r o r s u p p l i e r s h a l l b e n o t i f i e d b y C o n s u l t a n t o f C o n s u l t a n t ’ s o b l i g a t i o n u n d e r t h i s A g r e e m e n t r e l a t i v e t o n o n d i s c r i m i n a t i o n a n d f a i r e m p l o y m e n t p r a c t i c e s .

C o n s u l t a n t s h a l l i n c l u d e t h e a b o v e p r o v i s i o n s o f t h i s s e c t i o n i n e v e r y s u b c o n t r a c t , i n c l u d i n g p r o c u r e m e n t o f m a t e r i a l s o r e q u i p m e n t .

( b ) C o n s u l t a n t a g r e e s t o c o m p l y w i t h T i t l e V I I o f t h e C i v i l R i g h t s A c t o f 1 9 6 4 , a s a m e n d e d , t h e C a l i f o r n i a F a i r E m p l o y m e n t P r a c t i c e s A c t , t h e A m e r i c a n s w i t h D i s a b i l i t i e s A c t o f 1 9 9 0 , a n y o t h e r a p p l i c a b l e f e d e r a l a n d s t a t e l a w s a n d r e g u l a t i o n s a n d C i t y o r d i n a n c e s a n d r e g u l a t i o n s h e r e i n a f t e r e n a c t e d .

2 3 . N o t i c e s . A l l n o t i c e s o r i n s t r u m e n t s r e q u i r e d t o b e g i v e n o r d e l i v e r e d b y l a w o r t h i s A g r e e m e n t s h a l l b e i n w r i t i n g a n d s h a l l b e e f f e c t i v e u p o n r e c e i p t t h e r e o f a n d s h a l l b e b y p e r s o n a l s e r v i c e o r d e l i v e r e d b y d e p o s i t i n g t h e s a m e i n a n y U n i t e d S t a t e s P o s t O f f i c e , r e g i s t e r e d o r c e r t i f i e d m a i l , p o s t a g e p r e p a i d , a d d r e s s e d t o :

I f t o C i t y : M e l i s s a T i g b a o
P u b l i c W o r k s D i r e c t o r
C i t y o f V a l l e j o -P u b l i c W o r k s D e p a r t m e n t 5 5 5 S a n t a C l a r a S t r e e t
V a l l e j o , C A 9 4 5 9 0

I f t o C o n s u l t a n t : R a e w y n L e l o -B u t c h e r E x e c u t i v e V i c e P r e s i d e n t
G h i r a r d e l l i A s s o c i a t e s , I n c .
1 9 7 0 B r o a d w a y , S u i t e 1 2 2 0
O a k l a n d , C A 9 4 6 1 2

A n y p a r t y m a y c h a n g e i t s a d d r e s s f o r r e c e i v i n g n o t i c e s b y g i v i n g w r i t t e n n o t i c e o f s u c h c h a n g e t o t h e o t h e r p a r t y i n a c c o r d a n c e w i t h t h i s s e c t i o n .

R o u t i n e a d m i n i s t r a t i v e c o m m u n i c a t i o n s s h a l l b e m a d e p u r s u a n t t o s e c t i o n 1 o f E x h i b i t A .

2 4 . I n t e g r a t i o n C l a u s e . T h i s A g r e e m e n t , i n c l u d i n g a l l E x h i b i t s , c o n t a i n s D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B t h e e n t i r e a g r e e m e n t b e t w e e n t h e p a r t i e s a n d s u p e r s e d e s w h a t e v e r o r a l Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 8 o f 1 1 o r w r i t t e n u n d e r s t a n d i n g t h e y m a y h a v e h a d p r i o r t o t h e e x e c u t i o n o f t h i s A g r e e m e n t . T h i s A g r e e m e n t s h a l l n o t b e a m e n d e d o r m o d i f i e d e x c e p t b y a w r i t t e n a g r e e m e n t e x e c u t e d b y e a c h o f t h e p a r t i e s h e r e t o .

2 5 . S e v e r a b i l i t y C l a u s e . S h o u l d a n y p r o v i s i o n o f t h i s A g r e e m e n t e v e r b e d e e m e d t o b e l e g a l l y v o i d o r u n e n f o r c e a b l e , a l l r e m a i n i n g p r o v i s i o n s s h a l l s u r v i v e a n d b e e n f o r c e a b l e .

2 6 . L a w G o v e r n i n g . T h i s A g r e e m e n t s h a l l i n a l l r e s p e c t s b e g o v e r n e d b y t h e l a w o f t h e S t a t e o f C a l i f o r n i a w i t h o u t r e g a r d t o i t s c o n f l i c t s o f l a w r u l e s . L i t i g a t i o n a r i s i n g o u t o f o r c o n n e c t e d w i t h t h i s A g r e e m e n t s h a l l b e i n s t i t u t e d a n d m a i n t a i n e d i n t h e c o u r t s o f S o l a n o C o u n t y i n t h e S t a t e o f C a l i f o r n i a o r i n t h e U n i t e d S t a t e s D i s t r i c t C o u r t , E a s t e r n D i s t r i c t o f C a l i f o r n i a , S a c r a m e n t o , C a l i f o r n i a , a n d t h e p a r t i e s c o n s e n t t o j u r i s d i c t i o n o v e r t h e i r p e r s o n a n d o v e r t h e s u b j e c t m a t t e r o f a n y s u c h l i t i g a t i o n i n s u c h c o u r t s , a n d c o n s e n t t o s e r v i c e o f p r o c e s s i s s u e d b y s u c h c o u r t s .

2 7 . W a i v e r . W a i v e r b y e i t h e r p a r t y o f a n y d e f a u l t , b r e a c h o r c o n d i t i o n p r e c e d e n t s h a l l n o t b e c o n s t r u e d a s a w a i v e r o f a n y o t h e r d e f a u l t , b r e a c h o r c o n d i t i o n p r e c e d e n t o r a n y o t h e r r i g h t h e r e u n d e r .

2 8 . A m b i g u i t y . T h e p a r t i e s a c k n o w l e d g e t h a t t h i s i s a n e g o t i a t e d ag r e e m e n t , t h a t t h e y h a v e h a d t h e o p p o r t u n i t y t o h a v e t h i s A g r e e m e n t r e v i e w e d b y t h e i r r e s p e c t i v e l e g a l c o u n s e l , a n d t h a t t h e t e r m s a n d c o n d i t i o n s o f t h i s A g r e e m e n t a r e n o t t o b e c o n s t r u e d a g a i n s t a n y p a r t y o n t h e b a s i s o f s u c h p a r t y ' s d r a f t s m a n s h i p t h e r e o f .

2 9 . G e n d e r . A l l p r o n o u n s a n d a n y v a r i a t i o n s t h e r e o f s h a l l b e d e e m e d t o r e f e r t o t h e m a s c u l i n e , f e m i n i n e , n e u t e r , s i n g u l a r o r p l u r a l , a s t h e i d e n t i f i c a t i o n s o f t h e p e r s o n o r p e r s o n s , f i r m o r f i r m s , c o r p o r a t i o n o r c o r p o r a t i o n s m a y r e q u i r e .

3 0 . H e a d i n g s . T h e s e c t i o n h e a d i n g s c o n t a i n e d i n t h i s A g r e e m e n t a r e i n s e r t e d f o r c o n v e n i e n c e o n l y a n d s h a l l n o t a f f e c t i n a n y w a y t h e m e a n i n g o r i n t e r p r e t a t i o n o f t h i s A g r e e m e n t .

3 1 . C o m p l i a n c e w i t h L a w s . C o n s u l t a n t w i l l c o m p l y w i t h a l l s t a t u t e s , r e g u l a t i o n s a n d o r d i n a n c e s i n t h e p e r f o r m a n c e o f a l l s e r v i c e s u n d e r t h i s A g r e e m e n t .

3 2 . C o n f i d e n t i a l i t y o f C i t y I n f o r m a t i o n . D u r i n g t h e p e r f o r m a n c e o f s e r v i c e s u n d e r t h i s A g r e e m e n t , C o n s u l t a n t m a y g a i n a c c e s s t o a n d u s e C i t y i n f o r m a t i o n r e g a r d i n g , b u t n o t l i m i t e d t o , p r o c e d u r e s , p o l i c i e s , t r a i n i n g , o p e r a t i o n a l p r a c t i c e s , a n d o t h e r v i t a l i n f o r m a t i o n ( h e r e a f t e r c o l l e c t i v e l y r e f e r r e d t o a s " C i t y I n f o r m a t i o n " ) w h i c h a r e v a l u a b l e , s p e c i a l a n d u n i q u e a s s e t s o f t h e C i t y . C o n s u l t a n t a g r e e s D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B t h a t i t w i l l n o t u s e a n y
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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 9 o f 1 1 i n f o r m a t i o n o b t a i n e d a s a c o n s e q u e n c e o f t h e p e r f o r m a n c e o f s e r v i c e s u n d e r t h i s A g r e e m e n t f o r a n y p u r p o s e o t h e r t h a n f u l f i l l m e n t o f C o n s u l t a n t ’ s s c o p e o f w o r k , t o p r o t e c t a l l C i t y I n f o r m a t i o n a n d t r e a t i t a s s t r i c t l y c o n f i d e n t i a l a n d p r o p r i e t a r y t o C i t y , a n d t h a t i t w i l l n o t a t a n y t i m e , e i t h e r d i r e c t l y o r i n d i r e c t l y , d i v u l g e , d i s c l o s e o r c o m m u n i c a t e i n a n y m a n n e r a n y C i t y I n f o r m a t i o n t o a n y t h i r d p a r t y , o t h e r t h a n i t s o w n e m p l o y e e s , a g e n t s o r s u b c o n t r a c t o r s w h o h a v e a n e e d f o r t h e C i t y I n f o r m a t i o n f o r t h e p e r f o r m a n c e o f s e r v i c e s u n d e r t h i s A g r e e m e n t , w i t h o u t t h e p r i o r w r i t t e n c o n s e n t o f C i t y , o r a s r e q u i r e d b y l a w .

C o n s u l t a n t s h a l l t r e a t a l l r e c o r d s a n d w o r k p r o d u c t p r e p a r e d o r m a i n t a i n e d b y C o n s u l t a n t i n t h e p e r f o r m a n c e o f t h i s A g r e e m e n t a s c o n f i d e n t i a l .

A v i o l a t i o n b y C o n s u l t a n t o f t h i s s e c t i o n s h a l l b e a m a t e r i a l v i o l a t i o n o f t h i s A g r e e m e n t a n d w i l l j u s t i f y l e g a l a n d / o r e q u i t a b l e r e l i e f .

C o n s u l t a n t ’ s o b l i g a t i o n s u n d e r t h i s s e c t i o n s h a l l s u r v i v e t h e c o m p l e t i o n o f s e r v i c e s , e x p i r a t i o n o r t e r m i n a t i o n o f t h i s A g r e e m e n t .

3 3 . N e w s a n d I n f o r m a t i o n R e l e a s e . C o n s u l t a n t a g r e e s t h a t i t w i l l n o t i s s u e a n y n e w s r e l e a s e s i n c o n n e c t i o n w i t h e i t h e r t h e a w a r d o f t h i s A g r e e m e n t , o r a n y s u b s e q u e n t a m e n d m e n t o f o r e f f o r t s u n d e r t h i s A g r e e m e n t , w i t h o u t f i r s t o b t a i n i n g r e v i e w a n d a p p r o v a l o f s a i d n e w s r e l e a s e s f r o m C i t y t h r o u g h t h e C i t y R e p r e s e n t a t i v e .

3 4 . Ci t y R e p r e s e n t a t i v e . T h e C i t y R e p r e s e n t a t i v e s p e c i f i e d i n E x h i b i t A , o r t h e r e p r e s e n t a t i v e ' s d e s i g n e e , s h a l l a d m i n i s t e r t h i s A g r e e m e n t f o r t h e C i t y .

3 5 . C o u n t e r p a r t s . T h e p a r t i e s m a y e x e c u t e t h i s A g r e e m e n t i n o n e o r m o r e c o u n t e r p a r t s , e a c h o f w h i c h s h a l l b e d e e m e d a n o r i g i n a l , b u t a l l o f w h i c h t o g e t h e r s h a l l b e d e e m e d o n e a n d t h e s a m e i n s t r u m e n t .

3 6 . F a c s i m i l e S i g n a t u r e ; E l e c t r o n i c S i g n a t u r e . T h i s A g r e e m e n t s h a l l b e b i n d i n g u p o n t h e r e c e i p t o f f a c s i m i l e s i g n a t u r e s o r e -m a i l e d b y P D F o r o t h e r w i s e . A n y p e r s o n t r a n s m i t t i n g h i s o r h e r s i g n a t u r e b y f a c s i m i l e o r e l e c t r o n i c a l l y s h a l l p r o m p t l y s e n d a n o r i g i n a l s i g n a t u r e t o t h e o t h e r p a r t y p u r s u a n t t o t h e n o t i c e p r o v i s i o n o f t h i s A g r e e m e n t . T h e f a i l u r e t o s e n d a n o r i g i n a l s h a l l n o t a f f e c t t h e b i n d i n g n a t u r e o f t h i s A g r e e m e n t .

3 7 . Au t h o r i t y . T h e p e r s o n s i g n i n g t h i s A g r e e m e n t f o r C o n s u l t a n t h e r e b y r e p r e s e n t s a n d w a r r a n t s t h a t h e / s h e i s f u l l y a u t h o r i z e d t o s i g n t h i s A g r e e m e n t o n b e h a l f o f C o n s u l t a n t .

3 8 . E x h i b i t s . T h e f o l l o w i n g e x h i b i t s a r e a t t a c h e d h e r e t o a n d i n c o r p o r a t e d h e r e i n b y r e f e r e n c e :

D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 1 0 o f 1 1

E x h i b i t A , e n t i t l e d “ S c o p e o f W o r k , ” i n c l u d i n g a n y a t t a c h m e n t s E x h i b i t B , e n t i t l e d “ C o m p e n s a t i o n , ” i n c l u d i n g a n y a t t a c h m e n t s E x h i b i t C , e n t i t l e d “ I n s u r a n c e R e q u i r e m e n t s , ” i n c l u d i n g a t t a c h m e n t s E x h i b i t D , e n t i t l e d “ P r o v i s i o n s A p p l i c a b l e t o F e d e r a l l y F u n d e d P r o j e c t s ” , i n c l u d i n g a t t a c h m e n t s [ S I G N A T U R E S O N F O L L OW I N G P A G E ]

D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 1 1 o f 1 1 I N W I T N E S S W H E R E O F , t h e p a r t i e s h a v e e x e c u t e d t h i s A g r e e m e n t o n t h e d a y a n d y e a r s h o w n b e l o w t h e n a m e o f e a c h o f t h e p a r t i e s .

G h i r a r d e l l i A s s o c i a t e s , I n c . . a C a l i f o r n i a co r p o r a t i o n
B y : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
R a e w y n L e l o -B u t c h e r
E x e c u t i v e V i c e P r e s i d e n t
D A T E : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
( C i t y S e a l )

C I T Y O F V A L L E J O ,
a m u n i c i p a l c o r p o r a t i o n
B y : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ M i c h a e l M a l o n e
C i t y M a n a g e r
D A T E : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
A T T E S T :

B y : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ D a w n G . A b r a h a m s o n
C i t y C l e r k
A P P R O V E D A S T O C O N T E N T :
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ M e l i s s a T i g b a o
P u b l i c W o r k s D i r e c t o r

A P P R O V E D A S T O F O R M
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ V e r o n i c a A . F . N e b b
C i t y A t t o r n e y
A P P R O V E D A S T O I N S U R A N C E :
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ A r m o n d S a r k i s
R i s k M a n a g e r
D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B 9 / 2 8 / 2 0 2 3
1 0 / 1 0 / 2 0 2 3

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 1 o f 4 E x h i b i t A – S c o p e o f W o r k

E X H I B I T A

S C O P E O F W O R K

1 . R e p r e s e n t a t i v e s . T h e C i t y R e p r e s e n t a t i v e f o r t h i s A g r e e m e n t i s :

D a n S e q u e i r a
C i t y E n g i n e e r / A PW D
C i t y o f V a l l e j o -P u b l i c W o r k s D e p a r t m e n t 5 5 5 S a n t a C l a r a S t r e e t
V a l l e j o , C A 9 4 5 9 0
D a n . s e q u e i r a@ c i t y o f v a l l e j o . n e t

T h e C o n s u l t a n t ’ s R e p r e s e n t a t i v e f o r t h i s A g r e e m e n t i s :

J a n e t N a v a r r o
P r o j e c t M a n a g e r / M a i n C o n t a c t
G h i r a r d e l l i A s s o c i a t e s , I n c .
1 9 7 0 B r o a d w a y , S u i t e 1 2 2 0
O a k l a n d , C A 9 4 6 1 2
j n a v a r r o@ g h i r a r d e l l i a s s o c . c o m

A l l r o u t i n e a d m i n i s t r a t i v e c o m m u n i c a t i o n s b e t w e e n t h e p a r t i e s w i l l b e b e t w e e n t h e a b o v e n a m e d r e p r e s e n t a t i v e s a n d m a y b e b y p e r s o n a l d e l i v e r y , m a i l , f a c s i m i l e t r a n s m i s s i o n , o r e l e c t r o n i c m a i l a s a g r e e d b e t w e e n t h e C o n s u l t a n t R e p r e s e n t a t i v e a n d C i t y ’ s R e p r e s e n t a t i v e .

2 . S e r v i c e s t o b e P r o v i d e d . C o n s u l t a n t s h a l l p r o v i d e On-Ca l l P r o j e c t M a n a g e m e n t ( F e d e r a l ) s e r v i c e s f o r s p e c i f i c p r o j e c t s a s m a y b e r e q u e s t e d b y t h e C i t y E n g i n e e r o r s t a f f ; s u c h s e r v i c e s s h a l l b e d e f i n e d , s c h e d u l e d , a n d a u t h o r i z e d i n s u b s e q u e n t S t a t e m e n t o f W o r k s . T h e s e r v i c e s p r o v i d e d t h r o u g h o u t t h e t e r m o f t h i s A g r e e m e n t m a y i n c l u d e t h e s e r v i c e s s p e c i f i e d i n t h e R e q u e s t f o r Q u a l i f i c a t i o n s i s s u e d F e b r u a r y 2 7 , 2 0 2 3 .

T h e S t a t e m e n t o f W o r k s h a l l b e s u b s t a n t i a l l y i n t h e f o r m a s s h o w n i n A t t a c h m e n t 1 o f E x h i b i t A , a t t a c h e d h e r e t o a n d i n c o r p o r a t e d h e r e i n b y t h i s r e f e r e n c e .

3 . K e y P e r s o n n e l . A l l o f t h e i n d i v i d u a l s i d e n t i f i e d b e l o w a r e n e c e s s a r y f o r t h e s u c c e s s f u l p r o s e c u t i o n o f t h e s e r v i c e s d u e t o t h e i r u n i q u e e x p e r t i s e a n d d e p t h a n d b r e a d t h o f e x p e r i e n c e . T h e r e s h a l l b e n o c h a n g e i n t h e p e r s o n n e l l i s t e d b e l o w , w i t h o u t w r i t t e n a p p r o v a l o f t h e C i t y R e p r e s e n t a t i v e . C o n s u l t a n t r e c o g n i z e s t h a t t h e c o m p o s i t i o n o f t h i s t e a m w a s i n s t r u m e n t a l i n t h e C i t y ’ s d e c i s i o n t o a w a r d t h e w o r k t o C o n s u l t a n t a n d t h a t c o m p e l l i n g r e a s o n s f o r s u b s t i t u t i n g t h e s e i n d i v i d u a l s m u s t b e d e m o n s t r a t e d f o r t h e D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B C i t y ’ s c o n s e n t t o
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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 2 o f 4 E x h i b i t A – S c o p e o f W o r k
b e g r a n t e d . A n y s u b s t i t u t e s s h a l l b e p e r s o n s o f c o m p a r a b l e o r s u p e r i o r e x p e r t i s e a n d e x p e r i e n c e . F a i l u r e t o c o m p l y w i t h t h e p r o v i s i o n s o f t h i s s e c t i o n s h a l l c o n s t i t u t e a m a t e r i a l b r e a c h o f C o n s u l t a n t ’ s o b l i g a t i o n s u n d e r t h i s A g r e e m e n t a n d s h a l l b e g r o u n d s f o r t e r m i n a t i o n .

K e y p e r s o n n e l a r e a s f o l l o w s : R a e w y n L e l o -B u t c h e r , J a n e t N a v a r r o

D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d - G h i r a r d e l l i P a g e 3 o f 4 E x h i b i t A – S c o p e o f W o r k
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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d - G h i r a r d e l l i P a g e 4 o f 4 E x h i b i t A – S c o p e o f W o r k

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 1 o f 4 E x h i b i t B - C o m p e n s a t i o n

E X H I B I T B

C O M P E N S A T I O N

1 . C o n s u l t a n t ’ s C o m p e n s a t i o n .

A . S e r v i c e s : C i t y a g r e e s t o p a y C o n s u l t a n t , a t t h e r a t e ( s ) s p e c i f i e d b e l o w , f o r t h o s e s e r v i c e s s e t f o r t h i n E x h i b i t A o f t h i s A g r e e m e n t a n d f o r a l l a u t h o r i z e d r e i m b u r s a b l e e x p e n s e s , f o r a t o t a l n o t t o e x c e e d F i v e H u n d r e d T h o u s a n d D o l l a r s a n d Z e r o C e n t s [ $ 5 0 0 , 0 0 0 . 0 0 ] .

C o n s u l t a n t s h a l l n o t i f y C i t y i n w r i t i n g n o l a t e r t h a n t h i r t y ( 3 0 ) d a y s p r i o r t o t h e e s t i m a t e d d a t e w h e n C o n s u l t a n t w i l l h a v e b i l l e d C i t y t h e m a x i m u m p a y m e n t a m o u n t p e r m i t t e d u n d e r t h i s A g r e e m e n t , a n d C o n s u l t a n t s h a l l p r o v i d e C i t y w i t h a n e s t i m a t e o f t h e a d d i t i o n a l c o m p e n s a t i o n r e q u i r e d t o c o m p l e t e t h e p r o j e c t .

B . A d d i t i o n a l S e r v i c e s :

1 . A d d i t i o n a l S e r v i c e s a r e t h o s e s e r v i c e s r e l a t e d t o t h e s c o p e o f S e r v i c e s o f C o n s u l t a n t a s s e t f o r t h i n E x h i b i t A b u t n o t a n t i c i p a t e d a t t h e t i m e o f e x e c u t i o n o f t h i s A g r e e m e n t . A d d i t i o n a l S e r v i c e s s h a l l b e p r o v i d e d o n l y w h e n a S u p p l e m e n t a l A g r e e m e n t a u t h o r i z i n g s u c h A d d i t i o n a l S e r v i c e s i s a p p r o v e d b y t h e C i t y M a n a g e r , o r h i s o r h e r d e s i g n e e . C i t y r e s e r v e s t h e r i g h t t o p e r f o r m a n y A d d i t i o n a l S e r v i c e s w i t h i t s o w n s t a f f o r t o r e t a i n o t h e r C o n s u l t a n t s t o p e r f o r m s a i d A d d i t i o n a l S e r v i c e s .

2 . C o n s u l t a n t ’ s c o m p e n s a t i o n f o r A d d i t i o n a l S e r v i c e s s h a l l b e b a s e d o n t h e t o t a l n u m b e r o f h o u r s s p e n t o n A d d i t i o n a l S e r v i c e s m u l t i p l i e d b y t h e e m p l o y e e s ' a p p r o p r i a t e b i l l a b l e h o u r l y r a t e a s e s t a b l i s h e d b e l o w . C i t y , a t i t s o p t i o n , m a y n e g o t i a t e a f i x e d f e e f o r s o m e o r a l l A d d i t i o n a l S e r v i c e s a s t h e n e e d a r i s e s . W h e r e a f i x e d f e e f o r A d d i t i o n a l S e r v i c e s i s e s t a b l i s h e d b y m u t u a l A g r e e m e n t b e t w e e n C i t y a n d C o n s u l t a n t , c o m p e n s a t i o n t o C o n s u l t a n t s h a l l n o t e x c e e d t h e f i x e d f e e a m o u n t .

2 . A p p r o p r i a t e B i l l a b l e H o u r l y R a t e s f o r S e r v i c e s a n d A d d i t i o n a l S e r v i c e s .

C o n s u l t a n t ’ s b i l l a b l e h o u r l y r a t e s s h a l l b e a s l i s t e d i n A t t a c h m e n t 1 o f E x h i b i t B , a t t a c h e d h e r e t o a n d i n c o r p o r a t e d h e r e i n b y t h i s r e f e r e n c e . C u r r e n t r a t e s f o r e a c h t a s k / p r o j e c t w i l l b e d e f i n e d i n e a c h S t a t e m e n t o f W o r k .

R a t e I n c r e a s e s : U p o n a p p r o v a l o f C i t y , C o n s u l t a n t s h a l l b e p e r m i t t e d t o i n c r e a s e r a t e s t o a d j u s t f o r c o s t o f l i v i n g w a g e i n c r e a s e s a t t h e b e g i n n i n g o f t h e f i s c a l y e a r o r a s a g r e e d u p o n b y C i t y a n d C o n s u l t a n t . N o p r i c e i n c r e a s e s m a y b e i m p l e m e n t e d w i t h o u t p
D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B r i o r w r i t t e n a p p r o v a l o f C i t y . R e q u e s t s f o r p r i c e i n c r e a s e s Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 2 o f 4 E x h i b i t B - C o m p e n s a t i o n
m u s t b e m a d e a m i n i m u m o f n i n e t y ( 9 0 ) d a y s p r i o r t o t h e p r o p o s e d e f f e c t i v e d a t e o f t h e r a t e i n c r e a s e . T o r e q u e s t a p r i c e i n c r e a s e , C o n s u l t a n t m u s t s u b m i t a l e t t e r w i t h a n i t e m i z e d l i s t s h o w i n g r e v i s e d p r i c e s b y l i n e i t e m . I f C i t y a p p r o v e s t h e p r i c e i n c r e a s e , C o n s u l t a n t s h a l l b e n o t i f i e d i n w r i t i n g , n o p r i c e i n c r e a s e w i l l b e e f f e c t i v e u n t i l C o n s u l t a n t r e c e i v e s t h i s n o t i c e .

3 . C o n s u l t a n t ’ s R e i m b u r s a b l e E x p e n s e s . R e i m b u r s a b l e E x p e n s e s s h a l l b e l i m i t e d t o a c t u a l r e a s o n a b l e e x p e n d i t u r e s o f C o n s u l t a n t f o r e x p e n s e s t h a t a r e n e c e s s a r y f o r t h e p r o p e r c o m p l e t i o n o f t h e S e r v i c e s a n d s h a l l o n l y b e p a y a b l e i f s p e c i f i c a l l y a u t h o r i z e d i n a d v a n c e b y C i t y .

4 . P a y m e n t s t o C o n s u l t a n t .

A . P a y m e n t s t o C o n s u l t a n t s h a l l b e m a d e w i t h i n a r e a s o n a b l e t i m e a f t e r r e c e i p t o f C o n s u l t a n t ’ s i n v o i c e , s a i d p a y m e n t s t o b e m a d e i n p r o p o r t i o n t o s e r v i c e s p e r f o r m e d . C o n s u l t a n t m a y r e q u e s t p a y m e n t o n a m o n t h l y b a s i s . C o n s u l t a n t s h a l l b e r e s p o n s i b l e f o r t h e c o s t o f s u p p l y i n g a l l d o c u m e n t a t i o n n e c e s s a r y t o v e r i f y t h e m o n t h l y b i l l i n g s t o t h e s a t i s f a c t i o n o f C i t y .

B . A l l i n v o i c e s s u b m i t t e d b y C o n s u l t a n t s h a l l c o n t a i n t h e f o l l o w i n g i n f o r m a t i o n :

1 . D e s c r i p t i o n o f s e r v i c e s b i l l e d u n d e r t h i s i n v o i c e 2 . D a t e o f I n v o i c e I s s u a n c e
3 . S e q u e n t i a l I n v o i c e N u m b e r
4 . C i t y ’ s P u r c h a s e O r d e r N u m b e r ( i f i s s u e d )

5. A m o u n t o f t h i s I n v o i c e ( I t e m i z e a l l R e i m b u r s a b l e E x p e n s e s ” )

6. T o t a l B i l l e d t o D a t e

C . I t e m s s h a l l b e s e p a r a t e d i n t o S e r v i c e s a n d R e i m b u r s a b l e E x p e n s e s .

B i l l i n g s t h a t d o n o t c o n f o r m t o t h e f o r m a t o u t l i n e d a b o v e s h a l l b e r e t u r n e d t o C o n s u l t a n t f o r c o r r e c t i o n . C i t y s h a l l n o t b e r e s p o n s i b l e f o r d e l a y s i n p a y m e n t t o C o n s u l t a n t r e s u l t i n g f r o m C o n s u l t a n t ’ s f a i l u r e t o c o m p l y w i t h t h e i n v o i c e f o r m a t d e s c r i b e d a b o v e .

D . I n v o i c e s , a c c o u n t s t a t e m e n t s a n d p a y m e n t i n q u i r i e s s h a l l b e e m a i l e d t o :

A P . P u b l i cW o r k s@ c i t y o f v a l l e j o . n e t

5 . A c c o u n t i n g R e c o r d s o f C o n s u l t a n t . C o n s u l t a n t s h a l l m a i n t a i n f o r t h r e e ( 3 ) y e a r s a f t e r c o m p l e t i o n o f a l l s e r v i c e s h e r e u n d e r , a l l r e c o r d s u n d e r t h i s A g r e e m e n t , i n c l u d i n g , b u t n o t l i m i t e d t o , r e c o r d s o f C o n s u l t a n t ’ s d i r e c t s a l a r y c o s t s f o r a l l S e r v i c e s a n d A d d i t i o n a l S e r v i c e s p e r f o r m e d u n d e r t h i s A g r e e m e n t a n d r e c o r d s o f C o n s u l t a n t ’ s R e i m b u r s a b l e E x p e n s e s , i n a c c o r d a n c e w i t h g e n e r a l l y D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B a c c e p t e d a c c o u n t i n g p r a c t i c e s . C o n s u l t a n t s h a l l k e e p s u c h r e c o r d s a v a i l a b l e f o r Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 3 o f 4 E x h i b i t B - C o m p e n s a t i o n
a u d i t , i n s p e c t i o n a n d c o p y i n g b y r e p r e s e n t a t i v e s o f t h e C i t y ’ s F i n a n c e D e p a r t m e n t o r o t h e r g o v e r n m e n t a g e n c i e s d u r i n g r e g u l a r b u s i n e s s h o u r s u p o n t w e n t y f o u r ( 2 4 ) h o u r s ’ n o t i c e .

T h e o b l i g a t i o n s o f C o n s u l t a n t u n d e r t h i s s e c t i o n s h a l l s u r v i v e t h i s A g r e e m e n t .

6 . T a x e s . C o n s u l t a n t s h a l l p a y , w h e n a n d a s d u e , a n y a n d a l l t a x e s i n c u r r e d a s a r e s u l t o f C o n s u l t a n t ’ s c o m p e n s a t i o n h e r e u n d e r , i n c l u d i n g e s t i m a t e d t a x e s , a n d s h a l l p r o v i d e C i t y w i t h p r o o f o f s u c h p a y m e n t s u p o n r e q u e s t .

7 . T a x p a y e r I d e n t i f i c a t i o n N u m b e r . C o n s u l t a n t s h a l l p r o v i d e C i t y w i t h C o n s u l t a n t ’ s c o m p l e t e R e q u e s t f o r T a x p a y e r I d e n t i f i c a t i o n N u m b e r a n d C e r t i f i c a t i o n , F o r m W -9 , a s i s s u e d b y t h e I n t e r n a l R e v e n u e S e r v i c e , a n d a n y o t h e r S t a t e o r l o c a l t a x i d e n t i f i c a t i o n n u m b e r r e q u e s t e d b y C i t y .

D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 4 o f 4 E x h i b i t B - C o m p e n s a t i o n
A t t a c h m e n t 1 o f E x h i b i t B

D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 1 o f 3 E x h i b i t C -I n s u r a n c e R e q u i r e m e n t s

E X H I B I T C

I N S U R A N C E R E Q U I R E M E N T S

C o n s u l t a n t s h a l l p r o c u r e a n d m a i n t a i n f o r t h e d u r a t i o n o f t h i s A g r e e m e n t , i n c l u d i n g a n y e x t e n s i o n s t h e r e t o , i n s u r a n c e a g a i n s t c l a i m s f o r i n j u r i e s t o p e r s o n s o r d a m a g e s t o p r o p e r t y w h i c h m a y a r i s e f r o m o r i n c o n n e c t i o n w i t h t h e p e r f o r m a n c e o f s e r v i c e s h e r e u n d e r b y t h e C o n s u l t a n t , t h e i r a g e n t s , r e p r e s e n t a t i v e s , o r e m p l o y e e s o r s u b c o n t r a c t o r s .

1 . M i n i m u m S c o p e o f I n s u r a n c e . C o v e r a g e s h a l l b e a t l e a s t a s b r o a d a s :

A . I n s u r a n c e S e r v i c e s O f f i c e f o r m n u m b e r G L 0 0 0 2 c o v e r i n g C o m p r e h e n s i v e G e n e r a l L i a b i l i t y a n d I n s u r a n c e S e r v i c e s O f f i c e f o r m n u m b e r G L 0 4 0 4 c o v e r i n g B r o a d F o r m C o m p r e h e n s i v e G e n e r a l L i a b i l i t y ; o r I n s u r a n c e S e r v i c e s O f f i c e C o m m e r c i a l G e n e r a l L i a b i l i t y c o v e r a g e ( o c c u r r e n c e f o r m C G 0 0 0 1 ) .

B . I n s u r a n c e S e r v i c e s O f f i c e f o r m n u m b e r C A 0 0 0 1 c o v e r i n g A u t o m o b i l e L i a b i l i t y , c o d e 1 a n y a u t o a n d e n d o r s e m e n t C A 0 0 2 5 .

C . W o r k e r s ' C o m p e n s a t i o n i n s u r a n c e a s r e q u i r e d b y t h e S t a t e o f C a l i f o r n i a a n d E m p l o y e r ' s L i a b i l i t y I n s u r a n c e .

D . P r o f e s s i o n a l L i a b i l i t y i n s u r a n c e a p p r o p r i a t e t o t h e C o n s u l t a n t ’ s p r o f e s s i o n ( E r r o r s a n d O m i s s i o n ) .

2 . M i n i m u m L i m i t s o f I n s u r a n c e . C o n s u l t a n t s h a l l m a i n t a i n l i m i t s n o l e s s t h a n :

A . G e n e r a l L i a b i l i t y : $ 2 , 0 0 0 , 0 0 0 p e r o c c u r r e n c e f o r b o d i l y i n j u r y , p e r s o n a l i n j u r y , a n d p r o p e r t y d a m a g e . I f C o m m e r c i a l G e n e r a l L i a b i l i t y I n s u r a n c e o r o t h e r f o r m w i t h a g e n e r a l a g g r e g a t e l i m i t i s u s e d , e i t h e r t h e g e n e r a l a g g r e g a t e l i m i t s h a l l a p p l y s e p a r a t e l y t o t h i s p r o j e c t / l o c a t i o n o r t h e g e n e r a l a g g r e g a t e l i m i t s h a l l b e t w i c e t h e r e q u i r e d o c c u r r e n c e l i m i t .

B . A u t o m o b i l e L i a b i l i t y : $ 1 , 0 0 0 , 0 0 0 p e r a c c i d e n t f o r b o d i l y i n j u r y a n d p r o p e r t y d a m a g e .

C . W o r k e r s ’ C o m p e n s a t i o n a n d E m p l o y e r ' s L i a b i l i t y : $ 1 , 0 0 0 , 0 0 0 p e r a c c i d e n t f o r b o d i l y i n j u r y o r d i s e a s e . I f C o n s u l t a n t i s n o t s u b j e c t t o C a l i f o r n i a W o r k e r s ’ C o m p e n s a t i o n r e q u i r e m e n t s , C o n s u l t a n t s h a l l f i l e a c o m p l e t e d c e r t i f i c a t e o f e x e m p t i o n f o r m w h i c h m a y b e o b t a i n e d f r o m t h e C i t y p r i o r t o c o m m e n c i n g a n y a c t i v i t y a u t h o r i z e d h e r e u n d e r .

D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B

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C o n s u l t a n t a n d P r o f e s s i o n a l S e r v i c e s A g r e e m e n t – O n C a l l P r o j e c t M a n a g e m e n t F e d -G h i r a r d e l l i P a g e 2 o f 3 E x h i b i t C -I n s u r a n c e R e q u i r e m e n t s

D . P r o f e s s i o n a l L i a b i l i t y ( E r r o r s a n d O m i s s i o n ) : $ 1 , 0 0 0 , 0 0 0 c o m b i n e d s i n g l e l i m i t p e r o c c u r r e n c e , a n d a n n u a l a g g r e g a t e .

3 . D e d u c t i b l e a n d S e l f -I n s u r e d R e t e n t i o n . A n y d e d u c t i b l e s o r s e l f -i n s u r e d r e t e n t i o n m u s t b e d e c l a r e d t o a n d a p p r o v e d b y t h e C i t y . A t t h e o p t i o n o f t h e C i t y , e i t h e r : t h e i n s u r e r s h a l l r e d u c e o r e l i m i n a t e s u c h d e d u c t i b l e s o r s e l f -i n s u r e d r e t e n t i o n a s r e s p e c t s t h e C i t y o f V a l l e j o , i t s o f f i c e r s , o f f i c i a l s , e m p l o y e e s a n d v o l u n t e e r s ; o r t h e C o n s u l t a n t s h a l l p r o c u r e a b o n d g u a r a n t e e i n g p a y m e n t o f l o s s e s a n d r e l a t e d i n v e s t i g a t i o n s , c l a i m a d m i n i s t r a t i o n a n d d e f e n s e e x p e n s e s .

4 . O t h e r I n s u r a n c e P r o v i s i o n s . T h e g e n e r a l l i a b i l i t y a n d a u t o m o b i l e l i a b i l i t y p o l i c i e s , a s c a n b e p r o v i d e d , a r e t o c o n t a i n , o r b e e n d o r s e d t o c o n t a i n , t h e f o l l o w i n g p r o v i s i o n s :

A . T h e C i t y o f V a l l e j o , i t s o f f i c e r s , o f f i c i a l s , e m p l o y e e s , a g e n t s a n d v o l u n t e e r s a r e t o b e c o v e r e d a s a d d i t i o n a l i n s u r e d s a s r e s p e c t s ; l i a b i l i t y , i n c l u d i n g d e f e n s e c o s t s , a r i s i n g o u t o f a c t i v i t i e s p e r f o r m e d b y o r o n b e h a l f o f t h e C o n s u l t a n t ; p r o d u c t s a n d c o m p l e t e d o p e r a t i o n s o f t h e C o n s u l t a n t ; p r e m i s e s o w n e d , o c c u p i e d o r u s e d b y t h e C o n s u l t a n t ; o r a u t o m o b i l e s o w n e d , l e a s e d h i r e d o r b o r r o w e d b y t h e C o n s u l t a n t . T h e c o v e r a g e s h a l l c o n t a i n n o s p e c i a l l i m i t a t i o n s o n t h e s c o p e o f p r o t e c t i o n a f f o r d e d t o t h e C i t y o f V a l l e j o , i t s o f f i c e r s , o f f i c i a l s , e m p l o y e e s , a g e n t s o r v o l u n t e e r s . T h e i n s u r a n c e i s t o b e i s s u e d b y c o m p a n i e s l i c e n s e d t o d o b u s i n e s s i n t h e S t a t e o f C a l i f o r n i a .

B . F o r a n y c l a i m s r e l a t e d t o t h i s p r o j e c t , t h e C o n s u l t a n t ' s i n s u r a n c e c o v e r a g e s h a l l b e p r i m a r y i n s u r a n c e a s r e s p e c t s t h e C i t y o f V a l l e j o , i t s o f f i c e r s , o f f i c i a l s , e m p l o y e e s , a g e n t s , a n d v o l u n t e e r s . A n y i n s u r a n c e o r s e l f -i n s u r a n c e m a i n t a i n e d b y t h e C i t y o f V a l l e j o , i t s o f f i c e r s , o f f i c i a l s , e m p l o y e e s , a g e n t s , o r v o l u n t e e r s s h a l l b e e x c e s s o f t h e C o n s u l t a n t ' s i n s u r a n c e a n d s h a l l n o t c o n t r i b u t e w i t h i t .

C . A n y f a i l u r e t o c o m p l y w i t h r e p o r t i n g o r o t h e r p r o v i s i o n s o f t h e p o l i c i e s i n c l u d i n g b r e a c h e s o f w a r r a n t i e s s h a l l n o t a f f e c t c o v e r a g e p r o v i d e d t o t h e C i t y , i t s o f f i c e r s , o f f i c i a l s , e m p l o y e e s , a g e n t s , o r v o l u n t e e r s .

D . T h e C o n s u l t a n t ' s i n s u r a n c e s h a l l a p p l y s e p a r a t e l y t o e a c h i n s u r e d a g a i n s t w h o m c l a i m i s m a d e o r s u i t i s b r o u g h t , e x c e p t w i t h r e s p e c t t o t h e l i m i t s o f t h e i n s u r e r ' s l i a b i l i t y .

E . E a c h i n s u r a n c e p o l i c y r e q u i r e d b y t h i s c l a u s e s h a l l b e e n d o r s e d t o s t a t e t h a t c o v e r a g e s h a l l n o t b e s u s p e n d e d , v o i d e d , c a n c e l e d b y e i t h e r p a r t y , r e d u c e d i n c o v e r a g e o r i n l i m i t s e x c e p t a f t e r t h i r t y ( 3 0 ) d a y s ' p r i o r w r i t t e n n o t i c e b y c e r t i f i e d m a i l , r e t u r n D o c u S i g n E n v e l o p e I D : 7 B 0 A 3 E E 6 - 6 0 F 6 - 4 E C 0 - 9 7 F F - 9 D 6 C D 9 B 8 F C 3 B r e c e i p t r e q u e s t e d , h a s b e e n g i v e n t o t h e Docusign Envelope ID: 1D9A7E6A-797B-47C1-8F6F-DEC2459966D7

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Vallejo City CouncilAugust 4, 2026

Vallejo City Council
August 4, 2026