City Council

1 LIVE OAK C1\l.ll'Olt N l 1\ CALL TO ORDER LIVE OAK CITY COUNCIL MINUTES AUGUST 21, 2024 6:00 PM MEETING LOCATION LIVE OAK COUNCIL CHAMBERS 9955 LIVE OAK BOULEVARD LIVE OAK, CALIFORNIA 95953 LIVE OAK CITY COUNCIL MINUTES -AUGUST 21, 2024 MEMBERS OF THE COUNCIL ASHLEY HERNANDEZ, MAYOR NANCY SANTANA, VICE MAYOR JERAMY CHAPDELAINE, COUNCILMEMBER LAKHVIR GHAG, COUNCILMEMBER BOB WOTEN, COUNCILMEMBER MARK SCOTT, INTERIM CITY MANAGER NICOL EROSSER, CITY ATTORN EY Meeting called to order by Mayor Hernandez at Live Oak City Council Chambers, 9955 Live Oak Boulevard, Live Oak, CA at 6:05 pm. ROLL CALL Present: Councilmembers Woten, Chapdelaine, Ghag, Vice Mayor Santana, and Mayor Hernandez PLEDGE OF ALLEGIANCE AND INVOCATION Councilmember Ghag led the Pledge of Allegiance. Councilmember Wot en delivered the invocation. CORRECTIONS AND/OR CHANGES TO THE AGENDA BY CITY MANAGER ONLY There were no corrections and/or changes. PRESENTATIONS AND RECOGNITIONS There were no presentations and/or recognitions. PUBLIC COMMENT Public Comment was opened and closed without any speakers. CONSENT ITEMS Consent Calendar is passed by one motion with exceptions and separate votes as noted. MOTION: APPROVE THE CONSENT AGENDA, (MOTION: GHAG; SECOND: HERNANDEZ) VOTE: MOTION PASSED UNANIMOUSLY 1. City Council Meeting Minut es Clarissa Menchaca, City Clerk Council action: August 7, 2024, City Council Regular Meeting minut es approved. Pag e 1

LIVE OAK CITY COUNCIL MINUTES-AUGUST 21, 2024 BUSINESS ITEMS 2. Write-Off of Past Due Water and Sewer Accounts Collections James Ramsey, Finance Director James Ramsey, Finance Director, provided a report for the Council. Public Comment was opened and closed without any speakers. MOTION: ADOPT RESOLUTION. (MOTION: WOTEN; SECOND: GHAG) VOTE: MOTION PASSED UNANIMOUSLY Reference Resolution No. 23-2024. DISCUSSION ITEMS 3. 4. 5. Discussion - Proposal by Public Agency Retirement Services (PARS) to Provide OPEB and Pension Trust Services Mark Scott, Interim City Manager Mark Scott, Interim City Manager, introduced the it em. Ryan Nicasio, PARS Senior Vice President, provided a r eport for the Council. The following member of the public addressed the Council: Norma Campisi. Council action: Directed staff to bring back recommendation for Council consideration. Discussion and Possible Direction - Use of City Website Postings by the City Manager to Communicate City Council Policy Information Mark Scott, Interim City Manager Mark Scott, Interim City Manager, provided a report for the Council. Public Comme nt was opened and closed without any speakers. Council action: Directed staff to move forward with posting on the City website to communicate City Council policy information. Discussion - Status of City-owned Properties Mark Scott, In terim City Manager Mark Scott, Interim City Manager, provided a report for the Council. Public Comment was opened and closed without any speakers. Council action: No action needed. Page 2

LIVE OAK CITY COUNCIL MINUTES-AUGUST 21, 2024 ITEMS REMOVED FROM THE CONSENT AGENDA FOR COUNCIL CONSIDERATION AND ACTION There were no items removed from the Consent Agenda for Council consideration and action. UPDATES AND ANNOUNCEMENTS FROM THE CITY ATTORNEY AND CITY MANAGER A. Live Oak Festival Update Luis Cibrian, Parks and Recreation Director, provided an update on the festival. B. Election Update Mark Scott, Interim City Manager, provided an update on elections. COUNCILMEMBER COMMENTS Councilmember Chapdelaine highlighted his attendance at the Regional Housing Authority Board of Commissioners meeting. Councilmember Ghag touched on mosquitos and reported on three new West Nile cases in Yuba County. Vice Mayor Santana touched on the increase in homelessness. Mayor Hernandez reported on homelessness and the importance of having support for code enforcement. CLOSED SESSION 6. Public Employee Recruitment: City Manager/Interim City Manager, Pursuant to California Government Code Section 54957(b) *Clerk's Note: If there is any reportable action, a report will be made at the beginning of the next regular Council meeting. ADJOURNMENT Mayor Hernandez adjourned the meeting at 7:41 pm. Page 3

LIVE OAK CITY COUNCIL AGENDA – AUGUST 21, 2024 Page 1 The Council may take up any agenda item at any time, regardless of the order listed. Action may be taken on any item on this agenda. Materials related to an item on this Agenda submitted to the Council after distribution of the agenda packet are available for public inspection at City Hall, 9955 Live Oak Boulevard, Live Oak, during normal business hours. Such documents are also available on the City of Live Oak’s website at www.liveoakcity.org, subject to staff’s availability to post the documents before the meeting. In compliance with the Americans with Disabilities Act, the meeting room is wheelchair accessible and disabled parking is available. If you have a disability and need disability-related modifications or accommodations to participate in this meeting, please contact the City Clerk’s office at (530) 695-2112 x107. Requests must be made at least 24 hours in advance. • Remote Viewing: o Members of the public can view a livestream of the meeting online at https://liveoakca.granicus.com/ViewPublisher.php?view_id=1. o Members of the public can access the Zoom webinar as follows: ▪ Join by Electronic Device: https://us02web.zoom.us/j/82991305985 ▪ Join by Phone: 1-669-900-6833 or 1-833-548-0282 (Toll Free) Webinar ID: 829 9130 5985 • Public Comment: Members of the public can submit general public comments, as well as comment on specific agenda items in the following ways: o Public Attendance: Members of the public who attend in person may make comments from the Council Chamber podium. LIVE OAK CITY COUNCIL REGULAR MEETING AGENDA AUGUST 21, 2024 6:00 PM MEETING LOCATION LIVE OAK COUNCIL CHAMBERS 9955 LIVE OAK BOULEVARD LIVE OAK, CALIFORNIA 95953 MEMBERS OF THE COUNCIL ASHLEY HERNANDEZ, MAYOR NANCY SANTANA, VICE MAYOR JERAMY CHAPDELAINE, COUNCILMEMBER LAKHVIR GHAG, COUNCILMEMBER BOB WOTEN, COUNCILMEMBER MARK SCOTT, INTERIM CITY MANAGER NICOLE ROSSER, CITY ATTORNEY

LIVE OAK CITY COUNCIL AGENDA – AUGUST 21, 2024 Page 2 o Live Remote Public Comment: Members of the public can submit a live remote public comment by: ▪ Joining the virtual Council meeting via the link below. When public comment is opened, raise your virtual hand and be called upon to speak for up to 3 minutes. https://us02web.zoom.us/j/82991305985 ▪ Joining the virtual Council meeting by calling the phone number below. When public comment is opened, dial *9 to raise your hand and be called upon to speak for up to 3 minutes. 1-669-900-6833 or 1-833-548-0282 (Toll Free) Webinar ID: 829 9130 5985 o Email Public Comment: Comments from the public on agenda items will be accepted until 1:00 pm on the date of the meeting, via email to the City Clerk at cmenchaca@liveoakcity.org. Comments will be distributed to Council prior to the meeting and attached to the minutes. Please note that emailed comments will NOT be read aloud by staff during the meeting. o eComment Feature: Comments from the public on agenda items will be accepted until 1:00 pm on the date of the meeting, via the eComment feature at https://liveoakca.granicus.com/ViewPublisher.php?view_id=1. Comments will be distributed to Council prior to the meeting and attached to the minutes. Please note that eComments will NOT be read aloud by staff during the meeting.

LIVE OAK CITY COUNCIL AGENDA – AUGUST 21, 2024 Page 3 CALL TO ORDER ROLL CALL PLEDGE OF ALLEGIANCE AND INVOCATION CORRECTIONS AND/OR CHANGES TO THE AGENDA BY CITY MANAGER ONLY PRESENTATIONS AND RECOGNITIONS PUBLIC COMMENT Any person wishing to address the City Council on general jurisdictional matters or consent calendar items may do so at this time. If you are commenting on an agenda item, your comments will be heard at the time that item is scheduled for discussion. The City Council adopted a time limit of three minutes per person. The Brown Act does not allow for Council discussion of items not on the agenda. Councilmembers may only a) refer the matter to staff; b) ask for additional information; c) request a report back; or d) provide a limited factual response for items not listed on the agenda. CONSENT ITEMS Consent Calendar is passed by one motion with exceptions and separate votes as noted. 1. City Council Meeting Minutes Recommendation: Approve the August 7, 2024, City Council Regular Meeting minutes. (Clarissa Menchaca, City Clerk) BUSINESS ITEMS 2. Write-Off of Past Due Water and Sewer Accounts Collections Recommendation: Adopt resolution. (James Ramsey, Finance Director) DISCUSSION ITEMS 3. Discussion - Proposal by Public Agency Retirement Services (PARS) to Provide OPEB and Pension Trust Services Recommendation: Consider the proposal from PARS and consider directing staff to bring forward a resolution on September 4, 2024, to join the PARS 115 Trust Fund Program. (Mark Scott, Interim City Manager) 4. Discussion and Possible Direction - Use of City Website Postings by the City Manager to Communicate City Council Policy Information Recommendation: Discuss the use of City website postings to communicate City policy positions and provide any relevant direction to staff. (Mark Scott, Interim City Manager) 5. Discussion - Status of City-owned Properties Recommendation: Staff is providing this report to address a City Council inquiry. No action is recommended. (Mark Scott, Interim City Manager) ITEMS REMOVED FROM THE CONSENT AGENDA FOR COUNCIL CONSIDERATION AND ACTION

LIVE OAK CITY COUNCIL AGENDA – AUGUST 21, 2024 Page 4 UPDATES AND ANNOUNCEMENTS FROM THE CITY ATTORNEY AND CITY MANAGER A. Live Oak Festival Update B. Election Update COUNCILMEMBER REPORTS / COMMENTS / REQUESTS CLOSED SESSION After the Closed Session the City Council will leave the Council Chambers and the meeting will be adjourned by operation of law due to lack of a quorum. If there is any reportable Closed Session Action, a report will be made at the beginning of the next regular Council meeting. After the Closed Session Item descriptions are read by the City Attorney, all members of Council, applicable Consultants and Staff are asked to join the Closed Session meeting. 6. Public Employee Recruitment: City Manager/Interim City Manager, Pursuant to California Government Code Section 54957(b) ADJOURNMENT

LIVE OAK CITY COUNCIL AGENDA – AUGUST 21, 2024 Page 1 The Council may take up any agenda item at any time, regardless of the order listed. Action may be taken on any item on this agenda. Materials related to an item on this Agenda submitted to the Council after distribution of the agenda packet are available for public inspection at City Hall, 9955 Live Oak Boulevard, Live Oak, during normal business hours. Such documents are also available on the City of Live Oak’s website at www.liveoakcity.org, subject to staff’s availability to post the documents before the meeting. In compliance with the Americans with Disabilities Act, the meeting room is wheelchair accessible and disabled parking is available. If you have a disability and need disability-related modifications or accommodations to participate in this meeting, please contact the City Clerk’s office at (530) 695-2112 x107. Requests must be made at least 24 hours in advance. • Remote Viewing: o Members of the public can view a livestream of the meeting online at https://liveoakca.granicus.com/ViewPublisher.php?view_id=1. o Members of the public can access the Zoom webinar as follows: ▪ Join by Electronic Device: https://us02web.zoom.us/j/82991305985 ▪ Join by Phone: 1-669-900-6833 or 1-833-548-0282 (Toll Free) Webinar ID: 829 9130 5985 • Public Comment: Members of the public can submit general public comments, as well as comment on specific agenda items in the following ways: o Public Attendance: Members of the public who attend in person may make comments from the Council Chamber podium. LIVE OAK CITY COUNCIL REGULAR MEETING AGENDA AUGUST 21, 2024 6:00 PM MEETING LOCATION LIVE OAK COUNCIL CHAMBERS 9955 LIVE OAK BOULEVARD LIVE OAK, CALIFORNIA 95953 MEMBERS OF THE COUNCIL ASHLEY HERNANDEZ, MAYOR NANCY SANTANA, VICE MAYOR JERAMY CHAPDELAINE, COUNCILMEMBER LAKHVIR GHAG, COUNCILMEMBER BOB WOTEN, COUNCILMEMBER MARK SCOTT, INTERIM CITY MANAGER NICOLE ROSSER, CITY ATTORNEY 1

LIVE OAK CITY COUNCIL AGENDA – AUGUST 21, 2024 Page 2 o Live Remote Public Comment: Members of the public can submit a live remote public comment by: ▪ Joining the virtual Council meeting via the link below. When public comment is opened, raise your virtual hand and be called upon to speak for up to 3 minutes. https://us02web.zoom.us/j/82991305985 ▪ Joining the virtual Council meeting by calling the phone number below. When public comment is opened, dial *9 to raise your hand and be called upon to speak for up to 3 minutes. 1-669-900-6833 or 1-833-548-0282 (Toll Free) Webinar ID: 829 9130 5985 o Email Public Comment: Comments from the public on agenda items will be accepted until 1:00 pm on the date of the meeting, via email to the City Clerk at cmenchaca@liveoakcity.org. Comments will be distributed to Council prior to the meeting and attached to the minutes. Please note that emailed comments will NOT be read aloud by staff during the meeting. o eComment Feature: Comments from the public on agenda items will be accepted until 1:00 pm on the date of the meeting, via the eComment feature at https://liveoakca.granicus.com/ViewPublisher.php?view_id=1. Comments will be distributed to Council prior to the meeting and attached to the minutes. Please note that eComments will NOT be read aloud by staff during the meeting. 2

LIVE OAK CITY COUNCIL AGENDA – AUGUST 21, 2024 Page 3 CALL TO ORDER ROLL CALL PLEDGE OF ALLEGIANCE AND INVOCATION CORRECTIONS AND/OR CHANGES TO THE AGENDA BY CITY MANAGER ONLY PRESENTATIONS AND RECOGNITIONS PUBLIC COMMENT Any person wishing to address the City Council on general jurisdictional matters or consent calendar items may do so at this time. If you are commenting on an agenda item, your comments will be heard at the time that item is scheduled for discussion. The City Council adopted a time limit of three minutes per person. The Brown Act does not allow for Council discussion of items not on the agenda. Councilmembers may only a) refer the matter to staff; b) ask for additional information; c) request a report back; or d) provide a limited factual response for items not listed on the agenda. CONSENT ITEMS Consent Calendar is passed by one motion with exceptions and separate votes as noted. 1. City Council Meeting Minutes Recommendation: Approve the August 7, 2024, City Council Regular Meeting minutes. (Clarissa Menchaca, City Clerk) BUSINESS ITEMS 2. Write-Off of Past Due Water and Sewer Accounts Collections Recommendation: Adopt resolution. (James Ramsey, Finance Director) DISCUSSION ITEMS 3. Discussion - Proposal by Public Agency Retirement Services (PARS) to Provide OPEB and Pension Trust Services Recommendation: Consider the proposal from PARS and consider directing staff to bring forward a resolution on September 4, 2024, to join the PARS 115 Trust Fund Program. (Mark Scott, Interim City Manager) 4. Discussion and Possible Direction - Use of City Website Postings by the City Manager to Communicate City Council Policy Information Recommendation: Discuss the use of City website postings to communicate City policy positions and provide any relevant direction to staff. (Mark Scott, Interim City Manager) 5. Discussion - Status of City-owned Properties Recommendation: Staff is providing this report to address a City Council inquiry. No action is recommended. (Mark Scott, Interim City Manager) ITEMS REMOVED FROM THE CONSENT AGENDA FOR COUNCIL CONSIDERATION AND ACTION 3

LIVE OAK CITY COUNCIL AGENDA – AUGUST 21, 2024 Page 4 UPDATES AND ANNOUNCEMENTS FROM THE CITY ATTORNEY AND CITY MANAGER A. Live Oak Festival Update B. Election Update COUNCILMEMBER REPORTS / COMMENTS / REQUESTS CLOSED SESSION After the Closed Session the City Council will leave the Council Chambers and the meeting will be adjourned by operation of law due to lack of a quorum. If there is any reportable Closed Session Action, a report will be made at the beginning of the next regular Council meeting. After the Closed Session Item descriptions are read by the City Attorney, all members of Council, applicable Consultants and Staff are asked to join the Closed Session meeting. 6. Public Employee Recruitment: City Manager/Interim City Manager, Pursuant to California Government Code Section 54957(b) ADJOURNMENT 4

City of Live Oak Report to City Council Meeting Date: August 21, 2024 Title: City Council Meeting Minutes Contact Information: Clarissa Menchaca, City Clerk Recommendation: Approve the August 7, 2024, City Council Regular Meeting minutes. Attachments: Minutes 5

L IVE O AK C ITY C OUNCIL M INUTES – AUGUST 7, 2024 Page 1 C ALL TO ORDER Meeting called to order by Mayor Hernandez at Live Oak City Council Chambers, 9955 Live Oak Boulevard, Live Oak, CA at 6:12 pm. R OLL C ALL Present: Councilmembers Woten, Chapdelaine, Ghag, Vice Mayor Santana, and Mayor Hernandez P LEDGE OF A LLEGIANCE AND I NVOCATION Mayor Hernandez led the Pledge of Allegiance. Vice Mayor Santana delivered the invocation. C ORRECTIONS AND/ OR CHANGES TO THE A GENDA BY C ITY MANAGER ONLY There were no corrections and/or changes. P RESENTATIONS AND R ECOGNITIONS There were no presentations and/or recognitions. P UBLIC COMMENT Public Comment was opened and closed without any speakers. C ONSENT I TEMS Consent Calendar is passed by one motion with exceptions and separate votes as noted. MOTION : APPROVE THE CONSENT AGENDA . ( MOTION: GHAG ; SECOND : HERNANDEZ ) VOTE : MOTION PASSED UNANIMOUSLY 1. City Council Meeting Minutes Clarissa Menchaca, City Clerk Council action: July 17, 2024, City Council Regular Meeting minutes approved. LIVE OAK CITY COUNCIL M INUTES A UGUST 7, 2024 6:00 PM M EETING L OCATION L IVE O AK C OUNCIL C HAMBERS 9955 L IVE O AK B OULEVARD L IVE O AK , C ALIFORNIA 95953 MEMBERS OF THE COUNCIL ASHLEY HERNANDEZ , M AYOR N ANCY SANTANA , V ICE MAYOR JERAMY C HAPDELAINE , C OUNCILMEMBER LAKHVIR G HAG, C OUNCILMEMBER B OB WOTEN , C OUNCILMEMBER M ARK SCOTT , I NTERIM C ITY M ANAGER NICOLE ROSSER , C ITY ATTORNEY 6

L IVE O AK C ITY C OUNCIL M INUTES – AUGUST 7, 2024 Page 2 B USINESS I TEMS 2. Cross-Connection Control Service Agreement from Graham Backflow Services Jeff Nelson, Interim Public Works Director, and Tony Wright, Chief Plant Operator Jeff Nelson, Interim Public Works Director, provided a report for the Council. John Graham, Graham Backflow Services, addressed the Council. Public Comment was opened and closed without any speakers. MOTION : 1) ACCEPT THE PROPOSAL; AND 2) AUTHORIZE THE CITY MANAGER TO SIGN THE PROPOSAL. ( MOTION : SANTANA; SECOND: GHAG) VOTE : MOTION PASSED UNANIMOUSLY 3. League of CA Cities Voting Delegates Mark Scott, Interim City Manager Mark Scott, Interim City Manager, provided a report for the Council. Public Comment was opened and closed without any speakers. MOTION : DESIGNATE MAYOR HERNANDEZ AS VOTING DELEGATE AND VICE MAYOR SANTANA AND COUNCILMEMBER GHAG AS ALTERNATES. ( MOTION : WOTEN ; SECOND: SANTANA) VOTE : MOTION PASSED UNANIMOUSLY D ISCUSSION I TEMS 4. Live Oak Dog Park Luis Cibrian, Parks and Recreation Director Luis Cibrian, Parks and Recreation Director, provided a report for the Council. Public Comment was opened and closed without any speakers. Council action: Directed staff to hold ribbon cutting ceremony on Thursday, August 22, 2024, at 6:00 pm. I TEMS REMOVED FROM THE C ONSENT A GENDA FOR C OUNCIL C ONSIDERATION AND A CTION There were no items removed from the Consent Agenda for Council consideration and action. 7

L IVE O AK C ITY C OUNCIL M INUTES – AUGUST 7, 2024 Page 3 UPDATES AND A NNOUNCEMENTS FROM THE C ITY A TTORNEY AND C ITY MANAGER A. Scheduling a Public Agency Retirement Services (PARS) Presentation (OPEB Trust) Mark Scott, Interim City Manager, discussed scheduling a future presentation from OPEB Trust. B. Water Rate Study Mark Scott, Interim City Manager, provided an update on the water rate study and informed that staff will work on getting an RFP out to get proposals for the water rate study. C. CFD Analysis Mark Scott, Interim City Manager, touched on the necessity of performing a CFD analysis in the future. C OUNCILMEMBER C OMMENTS Councilmember Woten touched on monthly reports the Sutter Animal Services Authority will be providing to the City. Councilmember Chapdelaine highlighted his attendance at the National Night Out event. Councilmember Ghag discussed his attendance at the League of California Cities Sacramento Division meeting. Councilmember Ghag informed of West Nile mosquitos located on the west side of Live Oak. Councilmember Ghag requested the meeting be closed in memory of Kelly Bumpus. Vice Mayor Santana requested the City collaborate with Sutter County or Butte County to bring a low cost spay and neuter clinic to the City. Vice Mayor Santana inquired about establishing a fireworks escalation fee and requested the City initiate a local hero award recognition program. C LOSED SESSION 5. Public Employee Recruitment: City Manager, Pursuant to California Government Code Section 54957(b) A DJOURNMENT Mayor Hernandez adjourned the meeting at 7:32 pm in memory of Kelly Bumpus. Ashley Hernandez, Mayor ATTEST: Clarissa Menchaca, City Clerk 8

City of Live Oak Report to City Council Meeting Date: August 21, 2024 Title: Write-off of Past Due Water and Sewer Accounts Collections Contact Information: James Ramsey, Finance Director Background: Periodically, the City will evaluate past due balances and determine that there is no recourse to collect on those amounts based on the number of days outstanding. The accounts on the attached listing have been outstanding for a significant period of time and as such, management is requesting that the amounts be written off and sent to collections. If not collected by next year, there is a possibility that these may be collected next year via a lien on the property tax rolls. These amounts are outstanding from the period April 2024 to June 2024. Fiscal Impacts: Total write-offs of $3,650.79 are split between water and sewer funds. Recommendation: Adopt resolution. Attachments: Resolution Exhibit A - Collections April - June 2024 9

1 Resolution No. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LIVE OAK AUTHORIZING PAST DUE ACCOUNT COLLECTION LOSS WRITE-OFF IN THE AMOUNT OF $3,650.79 WHEREAS, the City of Live Oak furnishes a water and sewer system for obtaining, conserving and disposing of water for public and private uses; and WHEREAS, providing utility services for citizens includes the collection of monthly utility billings; and WHEREAS, the City of Live Oak makes every attempt to collect outstanding balances; and WHEREAS, Exhibit A provides a list of uncollectible accounts for the period ending March 31, 2024, and is made a part of this resolution. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Live Oak hereby authorizes the Finance Director to write-off as collection losses the accounts receivables listed on Exhibit A totaling $3,650.79. PASSED AND ADOPTED by the City Council of the City of Live Oak this 21 st day of August, 2024, by the following vote: AYES: NOES: ABSENT: NOT VOTING: APPROVED: Ashley Hernandez, Mayor ATTEST: Clarissa Menchaca, City Clerk 10

Account Name Service Address Balance 01-0690-16 SCOTT/JORDAN OBRIEN/DUNN 2471 ARCHER AVE. 426.28 01-3180-11 JAVIER MEDINA GARCIA 2435 BIRCH ST. 55.66 03-0510-00 PETRA/GLORIA SAUCEDO/QUIROZ 10336 N ST. 473.55 03-2993-03 PATRICIA GUZMAN 3218 HEATHER DR. 422.68 04-0980-00 WARREN BREUSS 9831 R ST. 659.66 04-1200-05 LEONARD SCHWARTZ 2646 DATE ST 254.24 04-4957-05 FEATHER RIVER PROP MANAGEMENT 9397 COLLIER CT. 24.74 04-7280-08 JUAN RAMIREZ 2678 LAURELLEN ST. 530.35 04-8400-05 LEAH BISHOP 3171 COLE CT. 668.61 04-8401-08 JASON DELRIO 3475 MUSGRAVE AVE. 42.25 04-9340-04 GURPREET KAUR 9725 RICHMOND WAY 92.77 TOTAL 3,650.79 11

City of Live Oak Report to City Council Meeting Date: August 21, 2024 Title: Discussion - Proposal by Public Agency Retirement Services (PARS) to Provide OPEB and Pension Trust Services Contact Information: Mark Scott, Interim City Manager Background: The City has received a proposal from Public Agency Retirement Services (PARS), a private company that provides investment services to government agencies relating to trust funds established to support their OPEB and/or pension liabilities. PARS represents hundreds of agencies in this capacity, including 164 cities in California (including Yuba City, Oroville, Rocklin, West Sacramento, etc.) and 37 counties (including Sutter, Yuba, Placer, etc.). A representative of PARS will be available on August 21, 2024 to present their proposal and address any questions. PARS represents that their 115 Trust Program offers investment returns that have surpassed those of the CalPERS CERBT 115 Trust Fund that the City participates in for its OPEB liability. Attached is a copy of a proposal and evaluation provided by PARS relating to Live Oak. Analysis: At present, the City has an existing OPEB 115 Trust Fund established with the CalPERS CERBT Trust Fund. The amount held in the fund is adequate because the City has very low liability for retiree medical benefits. The opportunity offered by PARS would relate to investment returns. PARS is also offering the opportunity to join their pension trust fund for future pension obligations. Fiscal Impacts: The proposal suggests the opportunity to increase the City's performance for assets held in our OPEB 115 Trust Fund administered by CalPERS. PARS also represents that their program provides a City with greater control of their trust fund assets. Recommendation: Consider the proposal from PARS and consider directing staff to bring forward a resolution on September 4, 2024, to join the PARS 115 Trust Fund Program. Attachments: 12

PARS 115 Trust Fund Evaluation for City of Live Oak 13

City of live oakPARS 115 Trust – OPEB Prefunding Program & Pension Rate Stabilization Program (PRSP) May 22, 2024 14

City of live oak 2 Contacts Rachael Sanders, CEBS Vice President, Consulting (800) 540-6369 x121 rsanders@pars.org Mitch Barker Senior Consultant (949) 310-4876 mbarker@pars.org Andrew Brown, CFA Director, Senior Portfolio Manager (415) 796-5057 andrew.brown1@pfmam.com Kevin O’Rourke Senior Municipal Consultant (707) 249-5356 kevin@kolgs.org 15

City of live oak 3 Pars 115 Trust Team Trust Administrator & Consultant* 40 Years of Experience (1984-2024) 2,000+ Plans under Administration 1,000+ Public Agency Clients $8.0 B Assets under Administration Investment Manager • Investment sub-advisor to trustee U.S. Bank • Institutional asset management solutions • Fixed income and multi asset portfolios • Active and passive platform options • Customized portfolios (with minimum asset level) 40+ Years of Investment Experience (As of 12/31/2023) $229.8 B * Assets under Management & Advisement Trustee • 5th largest commercial bank and one of the nation’s largest trustees for Section 115 trusts • Safeguard plan assets • Oversight protection as plan fiduciary • Custodian of assets 161 Years of Experience (1863-2024) $9.5 T Assets under Administration 500+ 115 Trust Clients • Serves as record-keeper, consultant, and central point of contact • Sub-trust accounting • Coordinates all agency services • Monitors plan compliance (IRS/GASB/State Government Code) • Processes contributions/disbursements • Hands-on, dedicated support teams 500 K+ Plan Participants * Assets under management and advisement as of December 31, 2023, includes fixed income and multi asset class portfolios Investment Management Services by PFM Asset Management as sub-advisor As of March 31, 2024 * See important information regarding PARS in the Disclaimer page at the end of the presentation. 16

City of live oak 4 Subaccounts OPEB and Pension assets are individually sub-accounted, and can be divided by dept., bargaining group, or cost center Assets in the PARS Section 115 Combination Trust can be used to address unfunded liabilities. Financial Stability Allows separate investment strategies for OPEB and Pension subaccounts. Flexible Investing OPEB and Pension assets aggregate and reach lower fees on tiered schedule sooner – saving money! Economies-of-ScaleAnytime Access Trust funds are available anytime; OPEB for OPEB and Pension for Pension. No set-up costs, no minimum annual contribution amounts, and no fees until assets are added. No Set Up Cost or Minimums Existing OPEB-Only Trust OPEB PARS Section 115 Combo Trust PARS IRS-Approved Section 115 Trust Assets from your existing OPEB trust can be quickly and securely transferred to the PARS Section 115 Combination Trust, which is capable of prefunding both OPEB & Pension. OPEB Pension prefund either or both General Fund Transfer GASB 75 GASB 68 Assets in both accounts are accounted for separately per GASB rules. $511 K* $511 K *City’s CERBT assets as of June 30, 2023 17

City of live oak 5 115 Trust – OPEB/PENSION Client list COUNTIES (37) Alpine Amador Calaveras Colusa Contra Costa Glenn Humboldt Imperial Inyo Kern Kings Lake Lassen Madera Mariposa Mendocino Merced Mono Monterey Napa Nevada Placer Plumas Riverside San Benito San Joaquin Shasta Siskiyou Solano Sonoma Sutter Tehama Trinity Tulare Tuolumne Yolo Yuba CITIES & TOWNS (164) Updated May 2024 Alameda Alhambra Anaheim Angels Camp Atherton Atwater Azusa Bakersfield Beaumont Bell Gardens Benicia Bishop Brea Brisbane Burlingame Calabasas Camarillo Canyon Lake Capitola Carlsbad Carmel Chino Hills Chula Vista Claremont Colma Commerce Corcoran Coronado Costa Mesa Crescent City Cudahy Cupertino Cypress Daly City Dana Point Del Rey Oaks Dinuba Duarte Dublin El Cajon El Centro El Cerrito El Segundo Elk Grove Emeryville Escondido Fairfax Fairfield Fort Bragg Fountain Valley Fullerton Galt Garden Grove Gilroy Glendale Glendora Goleta Grand Terrace Grass Valley Half Moon Bay Hawthorne Healdsburg Hemet Hercules Hermosa Beach Huntington Beach Indian Wells Imperial Beach Indio Ione La Habra Lakeport La Mesa La Quinta Laguna Niguel Lake Forest Lakewood Lemon Grove Livermore Lodi Los Alamitos Los Altos Hills Mammoth Lakes Manhattan Beach Merced Modesto Monrovia Monterey Moreno Valley Morgan Hill Morro Bay Murrieta Napa National City Newport Beach Norco Novato Oakley Orinda Oroville Pacifica Palmdale Palo Alto Pasadena Patterson Perris Pico Rivera Piedmont Pinole Pittsburg Pleasant Hill Pleasanton Pomona Port Hueneme Rancho Cucamonga Redding Redwood City Rialto Richmond Rio Vista Ripon Riverside Rocklin Rohnert Park Rolling Hills Rosemead Ross San Anselmo San Jacinto San Leandro San Pablo San Ramon Sanger Santa Ana Santa Barbara Santa Clara Santa Clarita Sausalito Seaside Selma Solana Beach South El Monte Stanton Sutter Creek Taft Temecula Temple City Thousand Oaks Tiburon Tustin Twentynine Palms Union City Vallejo Villa Park Walnut West Covina West Sacramento Westminster Winters Woodland Woodside Yountville Yuba City Yucca Valley 18

City of live oak 6 115 Trust – OPEB/PENSION Client list Agoura Hills/Calabasas Community Center Authority Alameda County Mosquito Abatement District Alpine Fire Protection District Beach Cities Health District Bighorn-Desert View Water Agency Bodega Bay Public Utilities District Calaveras County Water District California Intergovernmental Risk Authority California Joint Powers Insurance Authority California Joint Powers Risk Management Authority Central Contra Costa Sanitary District Central Contra Costa Transit Authority Coastline Regional Occupational Program Coastside Fire Protection District Colusa Mosquito Abatement District Contra Costa County EEs' Retirement Association Contra Costa Mosquito and Vector Control District Crestline Village Water District Delta Diablo Desert Recreation District East Bay Regional Park District East Orange County Water District Eastern Sierra Community Services District Eastern Sierra Transit Authority El Dorado Hills County Water (& Fire) District Fallbrook Public Utility District Feather River Air Quality Management District Fresno Irrigation District Fresno Metropolitan Flood Control District Glenn-Colusa Irrigation District Goleta Cemetery District Goleta West Sanitary District Great Basin Unified Air Pollution Control District Greater Vallejo Recreation District Hayward Area Recreation & Park District Hesperia Fire Protection District Housing Authority of the County of Butte Housing Authority of the County of Contra Costa Housing Authority of the County of San Bernardino Housing Authority of the County of Santa Cruz Humboldt Bay Fire Joint Powers Authority Humboldt Bay Municipal Water District Humboldt No. 1 Fire Protection District Menlo Park Fire Protection District Mesa Water District Metropolitan Transportation Commission Midpeninsula Regional Open Space District Mid-Peninsula Water District Mojave Desert Air Quality Management District Montecito Fire Protection District Monterey Bay Unified Air Pollution Control District Monterey County Mosquito Abatement District Monterey One Water Moraga-Orinda Fire Protection District Mosquito & Vector Mgmt. Dist. of Santa Barbara Co. Municipal Pooling Authority Municipal Water District of Orange County Napa County Mosquito Abatement District Nevada County Consolidated Fire District North Central Fire Protection District North Coast Air Quality Management District North County Fire Protection District Novato Sanitary District Orange County Fire Authority Orange County LAFCO Orange County Mosquito and Vector Control District Orange County Sanitation District Orange County Water District Orchard Dale Water District Pebble Beach Community Services District Placentia Library District Placer County Air Pollution Control District Placer County Resource Conservation District Rancho Cucamonga Fire Protection District Rancho Murieta Community Services District Redwood Empire Municipal Insurance Fund (REMIF) Regional Housing Authority Rowland Water District Sacramento Area Flood Control Agency San Andreas Sanitary District San Elijo Joint Powers Authority San Mateo Consolidated Fire Department San Mateo Co. Mosquito & Vector Control District San