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HomeMy WebLinkAboutNovember 6, 2024, Agenda Packet (1) Board of Directors General Manager Joseph Aguera TRUCKEE DONNER Brian C. Wright Jeff Bender PublicExecutive Leadership Christa Finn Chad J. Reed Tony Laliotis Jared Carpenter Kim Harris REGULAR BOARD MEETING Michael Salmon 11570 DONNER PASS ROAD, TRUCKEE Steven Poncelet 6:00 PM, Wednesday, November 6, 2024 Scott Crow AGENDA Jillian Steward 1. Call to Order 2. Roll Call 3. Pledge of Allegiance 4. Changes to the agenda 5. Public Comment— This is time set aside for the public to address the Board on any matter not on the agenda. Testimony related to any agendized matter should be addressed at the time that that item is considered. (The public may comment on any subject that is not on the agenda. Each speaker will be limited to three minutes, but speaker time may be reduced at the discretion of the Board President if there are a large number of speakers on any given subject.) DIRECTOR UPDATE 6. This item provides time for Directors to comment on any item within the purview of the District. DEPARTMENT UPDATES 7. This item provides time for each Department to update the Board of Directors. PUBLIC HEARING CONSENT CALENDAR 8. Consideration of Approving Annual Support for District Firewalls in an Amount not to Exceed $83,935.05. Authorize the General Manager to execute an annual support services contract for District firewall hardware and software from ePlus under a joint procurement contract for an amount not to exceed $83,935.05. a .®. R16U .. A LEADERSHI SPECIAL RISIRICTP .i. I FORN�RIION 11570 Donner Pass Road,Truckee,CA 96161 Phone-530-587-3896-www.tdpud.or Page 1 of 153 9. Consideration of Procurement of Workstations and Office Furniture in an Amount not to Exceed $20,384.00. Authorize the General Manager to execute a purchase contract with Reno Business Interiors, Inc. for the procurement of workstations and office furniture with a budget of $18,531, plus a 10% contingency amount, or $1,853, for a total contract budget not to exceed $20,384, plus any taxes and fees. 10. Consideration of Approving an Amendment to the 2024 On Call Construction Services Contract with RK Contractors Inc. Authorize the General Manager to execute a contract amendment in the amount of $100, 000 with RK Contractors INC., for additional On-all Construction Services with a total not to exceed contract amount of $300,000. 11. Consideration of Appointing the General Manager, Brian Wright, as the District's Negotiator for the Procurement of Real Property. Appoint the General Manager, Brian Wright, as the District's negotiator for interest in real property for the development of future District facilities: APN# 019-440-081 and APN# 049-040-024. ACTION ITEMS 12. Consideration of Approving aThree-Party Lease Option Agreement for the New Truckee Regional Library. Authorize the General Manager to Execute aThree-Party Lease Option Agreement Between the District, Truckee-Donner Rec and Park District, and the Truckee Library Joint Powers Authority for the Location of the New Truckee Library. 13. Consideration of Approving aThree-Party Hold Harmless Agreement with the Town of Truckee and Truckee-Donner Rec and Park District. A. Approve the Hold Harmless and Property Use/Maintenance Agreement for Sidewalk Constructed In and Adjacent to the Town of Truckee Right-of-Way by and between the Town of Truckee, Truckee Donner Recreation and Park District and Truckee Donner Public Utility District in substantially the form presented; B. Authorize the General Manager to sign and deliver the Agreement only after the Town of Truckee has issued a building permit for construction of the Rocker Memorial Skatepark and construction of the Rocker Memorial Skatepark has commenced; C. If the Town of Truckee has not issued a building permit for construction of the Rocker Memorial Skatepark, and commencement of construction Page 2 of 153 has not occurred by December 31, 2026, then this approval shall automatically be rescinded as of that date. 14. Consideration of Adopting Resolution 2024-20 Approving the Submission and Attesting to the Veracity of the 2023 Power Source Disclosure Report and Power Content Label. Adopt Resolution 2024-20 approving the submission and attesting to the veracity of the 2023 Power Source Disclosure Report and Power Content Label. 15. Consideration of Authorizing the General Manager to Execute the Agreement Regarding APN# 043-010-005-000. A. Determine that the waiver of current Penalty and Interest for APN# 043- 010-005-000 agreement complies with the requirements of Government Code section 53340(f), and B. Authorize the General Manager to execute the Agreement regarding APN# 043-010-005-000 (Attachment 1); accepting full payment for all installment special tax amounts past due, in exchange for waiving current Penalty and Interest amounts WORKSHOP 16. Board of Directors Workshop Presentation with JK Architecture and Engineering for the 2024 Facilities Master Plan Update. Receive this informational workshop and provide feedback and direction to staff. ROUTINE BUSINESS 17. Consideration to Approve the Treasurer's Report for November 2024. Approve the Treasurer's Report for November 2024 which includes: a. Fund Balances for the month of August 2024 b. Disbursements for the month of September 2024 18. Consideration to Approve the October 2, 2024, Board Minutes. CLOSED SESSION Page 3 of 153 19. Closed Session Pursuant to Government Code Section 549567.8 Conference With Real Property: APN# 019-440-081 and APN# 049-040-024; District Negotiator: General Manager, Brian Wright, Under Negotiation: Purchase Terms 20. Closed Session Pursuant to Government Code Section 54957.6, Conference with Labor Negotiator General Manager, Brian Wright 21. Closed Session Pursuant to Government Code Section 54956.9(d)(1), Conference with legal Counsel, Existing Litigation - Kuhlemier v. TDPUD, United States District Court, Eastern District of California, Case 2:24-cv-02951-AC 22. Closed Session Pursuant to Government Code Section 54956.9(d)(1), Conference with legal Counsel, Existing Litigation - Claim of Regina Cooley 23. Closed Session Pursuant to Government Code Section 54956.9(d)(1), Conference with Legal Counsel, Existing Litigation - Claim of Anabel Sanchez ADJOURNMENT The agenda is available for review at the TDPUD administrative office and the District's internet website. Posted on Friday, November 1, 2024. Brian C. Wright, General Manager A copy of the agenda packet is available for public review, during normal business hours, at the district administrative office located at 11570 Donner Pass Road. Public participation is encouraged. The meeting location is accessible to people with disabilities. Every reasonable effort will be made to accommodate participation of the disabled in all of the Districts public meetings. If particular accommodations for the disabled are needed (i.e. disability-related aids, or other services), please contact the General Manager at (530) 582-3957 or Brianwright(a�tdpud.org , at least 24 hours in advance of the meeting. Any person with a disability may submit a request for reasonable modification or accommodation to the above-described means for accessing and offering comment at the meeting to Brian C. Wright, General Manager, or Email at brianwright@tdpud.org who will swiftly resolve such a request. Page 4 of 153 AGENDA ITEM #7 Public Utility District m MEETING DATE: November 6, 2024 TO- Board of Directors FROM: SUBJECT: This item provides time for each Department to update the Board of D i recto rs. APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: BACKGROUND: ANALYSIS AND BODY: Water Utility: Water Deliveries Water Production(Gallons) ssOptleo �y Idl i uuucuu 4 ■2024 P-du—n ■2023 R du ian r,3 yea,prig.:. As we continue through the drier portion of the water year the production has increased by 6% when compared to last year. However, when September production data for 2024 is compared to the running three-year average, the production is 16% less. Page 1 of 8 Page 5 of 153 System Updates Water Leak at Rainbow Road and Highway 89 on Caltrans Right-of-Way On Wednesday, October 30th, the section of pipeline containing the water leak near Rainbow Drive was isolated and the customers of Prosser Lake View subdivision were switched over to the recently installed redundant pipeline located slightly further north along Hwy 89. Staff would like to publicly thank CAL-TRANS and Hansen Brothers Enterprise for the quick response and professional manner that was maintained throughout this project. This is a new permanent water distribution pipeline for the Prosser Lake View subdivision. When the original pipeline is scheduled to be repaired in Spring 2025, at which point both pipelines will be utilized going forward. Capital Improvements: With the conclusion of another construction season, all planned capital projects have been finished for 2024 , with the exception of the Hirschdale waterline realignment project. • Ski Run Tank Replacement: The new water tank will be put into service on November 4th. While the old tank will not be removed this season, the new tank will remain in service and the old tank will be demoed this spring. �q • Annual Pipeline Replacement Project: All pipeline replacement projects have been placed on pause for the season. The District was able to finish all the pipeline projects on Northwoods Blvd. • Installation of Emergency Generator Backup at Alder Creek Pump Station: Electrical staff were able to underground the service to the station, while updating to the newest electrical standards. This addresses both operational and safety issues. Page 2 of 8 Page 6 of 153 w:u Electric Utility: Power supply in September consisted of more Undisclosed power than recent months due to reductions in solar output and less hydropower generated from contracted TDPUD resources Energy Source (RECs not included) - Sept 2024 Gas,21% 4cl,sed,isd 36% Wind,26% Hydro,0% Carbon- r Free,4% Solar,12% Gas •Wind Solar •Carbon-kee •Hydro •VndlQlmed Significant Outages: 10/11/24 - —10,000 customers affected, —15 minutes, NV Energy performing transmission level work 10/25/24 - —10,000 customers affected, <5 minutes, NV Energy performing transmission level work 10/31/24 - —260 customers affected, 90 minutes for most, 6 hours for a few, vehicle into pole incident Customers Out/Calls Per Hour 10�01 I2024 OD 00 00 IO I OI3112024 171200 12.Sk — 101, 7.5 k — ro O sk 2.51, Ok 2.Oct 4.Oct 6.Oct O.Oct IU.Oct 12.Oct 14.Oct 16.Oct Is.Oct 20.Oct 22.Oct 24.Oct Date/Time •Customers Out+Calls Page 3 of 8 Page 7 of 153 Finance and Accounting Work Orders - notable activity metrics Year to Date September 300 250 43 200 13 51 150 44 25 1°° 76 so 137 149 o A ML A 54 2021 2022 2023 2024 ■Solars Initiated ■ Panel Upgrades Initiated ■ New Construction Applications Initiated Customer Service Scores, last month: Page 4of8 Page 8 of 153 OveraLL, how satisfied were you with the experience with our cult... Answered:36 Skipped: 100% 1 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% MENEEMENEEL— Extremely Very satisfied Somewhat Not sc Not at all satisfied satisfied satisfied satisfied How much time did it take us to address your questions and conc... Answered:36 Skipped:0 100% 90% 190% 70% 60% 50% 40% 30% 20% 10% 0% Much shorter Shorter than About what I Longer than Much longer than expected expected expected expected than expected Page 5 of 8 Page 9 of 153 Please categorized the reason(s) for your service call Answerec:28 Skipped:8 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% - 0 billing Payment New Service Poweroutage Water leak New question question or Stop Commercial Service to Service existing... General Services • East wing remodel progressing, completion mid-December • Facilities Master Plan update, on today's agenda as workshop item • Annual Procurements preparations for December board meeting A financial briefing as of September 30, 2024, is provided as Attachment 1. Electric revenues are on budget and expenses are under budget. Water revenues are 3% over budget and expenses are under budget. Public Information and Strategic Affairs There has been significant engagement in numerous regulatory efforts at the State level including in implementation of the California Air Resources Board (CARB) Advanced Clean Fleets (ACF) rule including AB 1594 passed last year to partially address concerns that electric and water utilities had with the ACF regulation. CARB staff have been hosting a series of meetings and workshops to implement the ACF and AB 1594 and the District and our partners at the California Municipal Utilities Association (CMUA), Northern California Power Agency (NCPA), and Association of California Water Agencies (ACWA) are engaged and continue to educated CARB on the critical role utilities play in providing essential electric and water services and supporting emergency response. Key topics include commercial availability, addressing utility trucks that do work in the field (sometimes for days in a row), the need to plan for the most extreme events, and how to determine end of life. These discussions are expected to continue through 2025. The CARB ACF, which is a purchase requirement, was implemented in 2024, but the District has a 'low population county' exemption till 2027. Staff are also engaged on a California State Water Page 6 of 8 Page 10 of 153 Resources Control Board (SWRCB) General Order that could negatively impact the District's wildfire mitigation efforts and the January 1, 2025, implementation of the Making Water Conservation a California Way of Life regulation. The California Municipal Utilities Association (CMUA) will be hosting their annual Legislative and Regulatory planning meeting on November 14, 2024, in Roseville, CA. This meeting will also be one of the last attended by CMUA's current Executive Director, Barry Moline who is retiring at the end of the year. Barry is being replaced by CMUA's Deputy Executive Director, Danielle Blacet. Staff wishes Barry good luck in his retirement and we look forward to working with Danielle going forward.> Human Resources and Risk Staffing Congratulations to Ben Silva for completing the apprentice lineman program and becoming a Journeyman Lineman! Current Job Openings: • Contract Administrator-Final interview stages • District Clerk/Executive Assistant- iinterviews being scheduled • Customer Service Representative- Interviews being scheduled Culture 11/04- Birthday&Anniversary Celebrations 11/26-Thanksgiving Potluck/Dessert Contest Recognition Casey Chavez-Communication Chuck Gazso & Ryan Clement-Timeliness Ryan Pursel, Dan Baumbach, & Cody Laplaca -Work Life Balance Carlos Reyes-Accountability Safety& Risk Anti-Harassment Training- 11/12 Events 11/05- Flu Shot &Wellness Lab Clinics 11/19- Know Your Numbers Presentation -Tahoe Forest GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 3. Provide reliable and high quality water supply and distribution system to meet current and future needs. 4. Provide reliable and high quality electric supply and distribution system to meet Page 7 of 8 Page 11 of 153 current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1 .05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Take the best of private sector thinking to modernize the utility and add value to our communities. 5. Developing an inclusive culture drives organizational integration and success. FISCAL IMPACT: ATTACHMENTS: 1. BTN Sept2024 Page 8 of 8 Page 12 of 153 ' TRUCKEE DONNER Public Utility District By the Numbers YTD September 2024 Customer Billing Metrics Electric Change to Prior Year Average per Month Water Change to Prior Year 141787 120 0.8% Number of Accounts 1301 91 0.7% 960 (47) -4.7% Billed Volume per Account 7,837 819 11.7% $ 0.2191 $ 0.022 11.2% Billed Dollars / Billed Volume $ 0.0146 $ (0.001) -4.6% $ 215 $ 18.41 9.4% Average Bill $ 117 $ 10.61 10.0% $ 21.4 $ 6.7 45.5% Billed AR Past Due 90+ days $ 12.2 $ 1.9 18.2% $ 1.6 7.9% AR 90+var to last month $ 1.0 8.8% Operating Electric Variance to Budget Dollars in Thousands Water Variance to Budget $ 29,353 133 0.5% Revenues $ 141791 435 3.0% 11,299 (937) -7.7% - Expenses 8,146 (130) -1 .6% 10,417 (458) -4.2% - Purchased Power 1,204 (116) -8.8% $ 71637 1 ,528 25.0% = Operating Net Result $ 51441 681 14.3% Excludes Depreciation(non-cash)operating expense By the Numbers-Page 1 of 2 Page 13 of 153 ' TRUCKEE DONNER Public Utility District By the Numbers September 2024 Capital1 ' 1 1 Key Reserve Balances . Electric Variance to Budget Dollars in Thousands Water Variance to Budget $ 4,306 (8,555) -66.5% Capital Expenditures $ 41677 (1 ,221 ) -20.7% Actual YTD Variances-Red Over Budget Green Under Budget Actual YTD $ 111099 (1 ,761) -13.7% Capital Expenditures $ 9,724 3,826 64.9% Forecast Annual (draft) Variances-Red Over Budget Green Under Budget Forecast Annual(draft) TIMING OF PROJECTS BETWEEN YEARS IS MAIN VARIANCE DRIVER $ 101894 4,657 74.7% Capital Reserve Balance $ 41289 550 14.7% $ 61956 56 0.8% ® 2022 Debt Project Funds Bal. $ (0) (0) - $ 51940 (20) -0.3% Rate Reserve Balance NA $ 91781 2,281 30.4% Operating Reserve Balance $ 71575 954 14.4% By the Numbers-Page 2 of 2 Page 14 of 153 AGENDA ITEM #8 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: Scott Crow, IT Director/CIO SUBJECT: Consideration of Approving Annual Support for District Firewalls in an Amount not to Exceed $83,935.05. APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Authorize the General Manager to execute an annual support services contract for District firewall hardware and software from ePlus under a joint procurement contract for an amount not to exceed $83,935.05. BACKGROUND: In today's rapidly evolving digital landscape, the importance of robust cybersecurity measures cannot be overstated. Network firewalls serve as a fundamental component of our cybersecurity strategy, acting as the first line of defense against unauthorized access, cyber threats, and data breaches. By effectively monitoring and controlling incoming and outgoing network traffic, firewalls help protect our sensitive information and maintain the integrity of our digital operations. As we continue to innovate and expand our digital footprint, it is imperative that we prioritize and invest in advanced firewall technologies to safeguard our assets and ensure continuity of our business operations. ANALYSIS AND BODY: Annual technical support renewal for hardware and software, as well as updates and security patches, is due before the end of FY24, and a joint procurement contract for this renewal will be used. Section 3.08.060 of the District Code allows the District to "purchase materials, equipment, supplies, information technology products and services through the State of California procurement program and jointly with other public agencies in accordance with the following procedures." GOALS AND OBJECTIVES: District Code 1 .05.020 Objectives: 1. Responsibly serve the public. 6. Manage the District in an effective, efficient and fiscally responsible manner. Page 1 of 2 Page 15 of 153 District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 4. Take the best of private sector thinking to modernize the utility and add value to our communities. FISCAL IMPACT: This item is a budgeted expense and sufficient funds exist in the Board approved FY24 IT budget. ATTACHMENTS: None Page 2 of 2 Page 16 of 153 AGENDA ITEM #9 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: Brian Yohn, General Services Manager SUBJECT: Consideration of Procurement of Workstations and Office Furniture in an Amount not to Exceed $20,384.00. APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Authorize the General Manager to execute a purchase contract with Reno Business Interiors, Inc. for the procurement of workstations and office furniture with a budget of $18,531, plus a 10% contingency amount, or $1,853, for a total contract budget not to exceed $20,384, plus any taxes and fees. BACKGROUND: To support reorganization and relocation of District personnel, workstations and office furniture are needed for newly created office work spaces in the East Office Remodel area, and replacement and upgrade of existing workstations to ergonomically improved work stations, such as the standing desk option. Facilities staff anticipate four (4) additional workstations, as well as other office furniture purchases for the new and existing space retrofits. Reno Business Interiors has pre-established contracts with U.S. General Services Administration (GSA), OMNIA Partners, The Interlocal Purchasing System (TIPS), Premier, Vizient, and Health Trust. The OMNIA Partners contract for Public Local Government cooperative purchasing has identified Reno Business Interiors, of Reno, NV as a competitive bidder for office design, furniture, and products. Section 3.08.060 of the District Code (Joint Purchasing with the State of California and other public agencies) permits the District to take advantage of other agencies' competitive procurement processes. ANALYSIS AND BODY: District staff have been procuring workstations and office furniture from Reno Business Interiors, Inc. for many years, and have begun to procure consistent furniture models and colors to help make the District's furniture inventory uniform. Staff solicited a quote for the workstation and office furniture items identified as needed for the reorganization and relocation of personnel into the areas created during the East Office Remodel, as Page 1 of 2 Page 17 of 153 well as to replace existing workstations to offer ergonomically improved workstations with the standing desk option. GOALS AND OBJECTIVES: District Code 1 .05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1 .05.030 Goals: 1. Manage for Financial Stability and Resiliency 4. Take the best of private sector thinking to modernize the utility and add value to our communities. 5. Developing an inclusive culture drives organizational integration and success. FISCAL IMPACT: Staff received a quote from Reno Business Interiors, of Reno, NV, for the workstations and office furniture in the amount of$18,531, with taxes. Delivery fees are not currently available, as the items will be drop-shipped from the manufacturer. Staff requests approval for a workstation and office furniture budget of $18,531, plus a 10% contingency amount, or $1,853, for a total contract budget not to exceed, $20,384, plus any delivery fees. The Electric Department capital budget has sufficient funds to accommodate the workstation furniture procurement expenditure. The capital cost is charged out over time proportionally to electric utility and water utility through depreciation expense (10 year life) and rent expense, respectively. ATTACHMENTS: None Page 2 of 2 Page 18 of 153 AGENDA ITEM #10 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: Jared Carpenter, Electric Utility Director Cody Laplaca, Electric Operations Manager SUBJECT: Consideration of Approving an Amendment to the 2024 On Call Construction Services Contract with RK Contractors Inc. APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Authorize the General Manager to execute a contract amendment in the amount of $100, 000 with RK Contractors INC., for additional On-all Construction Services with a total not to exceed contract amount of$300,000. BACKGROUND: At the December 6th, 2023 Board meeting, the Board approved the Consideration of FY24 Annual Contract and Procurements, which reccommended authorizing the routine annual procurements totaling $11,857,800 from the vendors listed, and authorize the General Manager to execute the required documents necessary to procure the products and services. One of these services, the On-call contract, is used by the Electric and Water Departments occasionally to assist with infrastructure maintenance, construction, snow removal, hazardous waste remediation and other miscellaneous services. However, the need for these services cannot be reliably predicted. These services may be required for several reasons, including but not limited to; extreme snow conditions, availability of District resources, storm damage, failed electric distribution facilities, and other circumstances that may arise. The purpose of this agreement is to establish payment and other provisions between the District and the Contractor necessary to perform these types of work. The scope of services resulting from any and all circumstances will be determined by District personnel on a case-by- case basis and communicated to the Contractor verbally or in writing. The work of this Contract comprises of construction services for calendar year 2024, with the option to extend the contract for four additional years (Option years 2025-2028). ANALYSIS AND BODY: The estimates that were included in the December 2023 Board of Directors meeting may not be adequate due to a productive and successful construction year, resulting in various projects completed, including extensive wildfire mitigating system hardening, increased utility pole replacements, increase in utility undergrounding projects, Page 1 of 2 Page 19 of 153 transformer installations for new developments, and much more. To deliver this work, staff successfully created new methods to increase the District's efficiency resulting in more projects being completed, for less cost than expected per project. To date, the on- call contract has spent $146,460.87 of the $200,000 budget limit. While staff does not anticipate exceeding the approved contract amount, YTD expenses are close enough that an amendment to the contract would ensure sufficient funds are available in the event additional contracted services become necessary before the end of the calendar year (winter storms, emergency repairs, additional capital and maintenance work). Therefore, staff is requesting an amendment to the 2024 contract, increasing the authorized contract amount by $100,000, for a new not to exceed amount of $300,000. GOALS AND OBJECTIVES: District Code 1 .05.020 Objectives: 1. Responsibly serve the public. 3. Provide reliable and high quality water supply and distribution system to meet current and future needs. 4. Provide reliable and high quality electric supply and distribution system to meet current and future needs. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1 .05.030 Goals: 1. Manage for Financial Stability and Resiliency 4. Take the best of private sector thinking to modernize the utility and add value to our communities. FISCAL IMPACT: Approximately 90% of the On-call services are applied to work orders for either previously approved capital projects, or developer work. Developer work is paid back to TDPUD through other standard fees. Around 10% of the On-call services are for materials under G.L. code 1.6.583.00.670. The request is to increase the limit from $200,000 to $300,000 for 2024, as a contingency for projects and potential on-call services. Staff does not forecast the increase to cause an overage in electric utility operating expenses nor capital expenditures, as approved. ATTACHMENTS: None Page 2 of 2 Page 20 of 153 AGENDA ITEM #11 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: Brian Wright, General Manager SUBJECT: Consideration of Appointing the General Manager, Brian Wright, as the District's Negotiator for the Procurement of Real Property. Z_ APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Appoint the General Manager, Brian Wright, as the District's negotiator for interest in real property for the development of future District facilities: APN# 019-440-081 and APN# 049-040-024. BACKGROUND: For many years, the District has been evaluating opportunities to develop additional utility operations and maintenance facilities, including covered storage for critical equipment, materials and fleet, as well as additional administrative space. In 2019, the District began the process of developing an updated facility master plan to meet the current and future needs of water and electric utility operations and administration. In the early drafts of the updated facilities master plan, multiple options were presented, including the re-development of the District's current operations yard and the development of satellite facilities to be located on District-owned parcels along Trails End and Pioneer Trail. In 2023 and 2024, due to several limitations presented by the District's currently owned parcels, including accessibility and size, the District contracted with JKA Engineering and Architecture to develop a conceptual plan as a third option for a new single campus facility. JKAE Architects is scheduled to provide a presentation of the updated facilities master plan to the Board at the District's regularly scheduled meeting on November 6th. ANALYSIS AND BODY: Staff have been made aware of potential opportunities to procure land owned by Tahoe-Truckee Sanitation Agency along Joerger Drive, in alignment with the District's long-term strategic plan and future facilities needs. Staff is recommending the Board appoint General Manager Wright as the District's negotiator for real property, to explore these opportunities in more detail. GOALS AND OBJECTIVES: Page 1 of 2 Page 21 of 153 District Code 1.05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 3. Provide reliable and high quality water supply and distribution system to meet current and future needs. 4. Provide reliable and high quality electric supply and distribution system to meet current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Take the best of private sector thinking to modernize the utility and add value to our communities. 5. Developing an inclusive culture drives organizational integration and success. FISCAL IMPACT: There is no fiscal impact associated with this item. ATTACHMENTS: None Page 2 of 2 Page 22 of 153 AGENDA ITEM #12 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: Brian Wright, General Manager SUBJECT: Consideration of Approving a Three-Party Lease Option Agreement for the New Truckee Regional Library. APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Authorize the General Manager to Execute a Three-Party Lease Option Agreement Between the District, Truckee-Donner Rec and Park District, and the Truckee Library Joint Powers Authority for the Location of the New Truckee Library. BACKGROUND: The District has been working in partnership with Truckee Donner Rec and Park District (TDRPD), Truckee Sanitary District (TSD), Town of Truckee (ToT), Friends of the Library (FOL) and the Truckee Library JPA (JPA) to coordinate efforts to establish the most beneficial location for the new Truckee Regional Library (Project) within the Truckee Regional Park grounds. The District owns multiple parcels within Truckee Regional Park, adjacent to parcels owned by TSD and TDRPD. Each of these parcels included parcel boundaries or lot lines that created significant challenges in accommodating future project development and beneficial use. The District, in partnership with TSD, TDRPD and FOL, coordinated a project to adjust adjacent parcel boundaries, with a final product offering far more manageable parcel boundaries without modifying the size or ownership of the parcels involved. ANALYSIS AND BODY: The FOL and the JPA have been working with JKAE Architects and Engineering (JKAE) to develop project design and preliminary site plans. In doing so, the project partners have identified the most beneficial location and parcel within the Regional Park campus for the new library. JKAE's scope of work on the library project includes the identification, survey and legal description of the desired plot of land for construction of the new library. The JPA and project stakeholders have identified a section of land within a parcel owned by the District at Regional Park (APN#19-450-076) as the most beneficial location. The parcel identified by the JPA and stakeholder group is currently leased from the District by TDRPD. In a collaborative effort to facilitate the design and construction of Page 1 of 2 Page 23 of 153 the new library, the District, TDRPD and the JPA have developed terms for a three- party lease option agreement in which an approximately three (3) acre plot of land within the District's seven (7) acre parcel would be excluded from the current lease with TDRPD and in turn leased to the Library JPA (Draft Lease Option included as Attachment 1). The lease option would be executed within a 5-year period upon the satisfaction of agreed upon project funding and development conditions. Staff is recommending the District move forward with the three (3) party lease option agreement in the interest of collaboration with public partners and the larger community benefit. GOALS AND OBJECTIVES: District Code 1.05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 3. Provide reliable and high quality water supply and distribution system to meet current and future needs. 4. Provide reliable and high quality electric supply and distribution system to meet current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Take the best of private sector thinking to modernize the utility and add value to our communities. 5. Developing an inclusive culture drives organizational integration and success. FISCAL IMPACT: There is no fiscal impact associated with this item. ATTACHMENTS: 1. Library Lease Option Agreement 3-party11.01.24 Page 2 of 2 Page 24 of 153 Recording Requested By And When Recorded Mail To: Truckee Library Joint Powers Authority Nevada County Executive Office 950 Maidu Avenue Nevada City, CA 95959 Attention: County Counsel No Recording Fees— Gov't Code §27283 SPACE ABOVE FOR RECORDER'S USE LEASE OPTION AGREEMENT THIS LEASE OPTION AGREEMENT (hereafter"Option" or"Agreement") is entered into on the day of October, 2024, by and between the Truckee Library Joint Powers Authority, ("JPA"), the Truckee Donner Public Utility District ("TDPUD"), and the Truckee-Donner Recreation and Park District ("TDRPD") for the future right to lease a three (3) acre +/- property located on Brockway Road, APN 019-450-076, Truckee, Nevada County, California and more particularly described in Exhibit A attached hereto ("Property"). WHEREAS, TDPUD owns the Property, and the Property is currently leased to the Truckee Donner Recreation and Park District ("TDRPD"); and WHEREAS, JPA is in the process of evaluating the construction of a new public library ("Library")to be located on the Property; and WHEREAS, JPA and TDPUD have a mutual interest in establishing the terms and conditions under which TDPUD would be willing to enter into a 99-year lease of the Property to JPA for purposes of constructing and operating the Library; and WHEREAS, JPA and TDPUD recognize that it is not necessary or desirable for JPA to lease the Property from TDPUD until and unless it appears that JPA has secured significant funding for the Library and is committed to constructing the Library; and WHEREAS, JPA and TDPUD wish to provide for an option for JPA to lease the Property, exercisable for a period of years as set forth herein and upon satisfaction of certain conditions as set forth herein ("Option"); and WHEREAS, TDPUD is in the process of amending its lease with TDRPD to exclude the Property,which would allow the Property to be leased to JPA, and the parties wish to memorialize the intent of TDPUD and TDRPD to complete this amendment; NOW, THEREFORE, IT IS AGREED by JPA, TDPUD, and TDRPD as follows: 1. TERM: The term of this Option shall be from the effective date noted above through Lease Option Agreement Page 1 of 7 Page 25 of 153 October 31, 2029 ("Option Term"). 2. OPTION PAYMENT: Consideration for this Option to lease the Property shall be One Dollar($1.00). 3. OPTION TO LEASE: JPA may, prior to the expiration of the Option Term, notify TDPUD and TDRPD of its intent to enter into a lease agreement with TDPUD to lease the Property for a term of 99 years for a lease payment of One Dollar ($1) per year and to thereafter construct and operate the Library on the Property. Notice to exercise this Option must be made in writing and delivered to TDPUD and TDRPD prior to the expiration of the Option Term. As a prerequisite to JPA's exercise of the Option, JPA shall provide documentation to TDPUD and TDRPD demonstrating that JPA has funds available comprising not less than fifty percent (50%) of the estimated cost of construction of the Library ("Funding Condition") and that the JPA is committed to move forward with constructing the Library. Such funds may comprise proceeds from the sale of bonds, other revenues committed to the Library by JPA members, funds held by (or pledged to in a written pledge agreement) the Friends of the Truckee Library or any similar or successor organization, and/or any other source of funding. If JPA shall timely exercise this Option: (i)TDPUD and TDRPD shall promptly and expeditiously work amend the lease to exclude the Property, (ii)JPA and TDPUD shall enter into good faith negotiations for a Lease Agreement, with the mutual goal and intent to enter into a Lease Agreement within 90 days of JPA's notice to TDPUD, that incorporates the terms of this Option as well as such other terms and conditions that are mutually agreeable; and (iii) JPA shall be responsible for preparation of a plat map and legal description of the Property, and preparation of a plat map and legal description of the remaining portion of the parcel of which the Property is a part. JPA acknowledges that TDPUD will require the Lease Agreement to: (i) call for JPA to construct the Library in accordance with a schedule of performance to be included in or attached to the Purchase Agreement, which shall allow for not less than five years from the effective date of the Lease Agreement for construction to be commenced; and (ii) include the right for TDPUD to terminate the Lease Agreement and this Agreement, if it is still in effect, if construction of the Library has not commenced within such time. TDPUD acknowledges that although certain terms and conditions of the Lease Agreement shall be subject to negotiation, the term, lease price, and use of the Property, shall be as set forth herein. The Lease Agreement shall provide for the provision of insurance or self-insurance by JPA in scope and amounts acceptable to TDPUD in connection with the construction and operation of the Library. The Lease Agreement shall contain defense and indemnity obligations for JPA acceptable to and in favor of TDPUD in connection with the construction and operation of the Library. The Lease Agreement shall include terms and conditions that address liens, signage, operations, maintenance, utilities and services, taxes, assessments and possessory interests, destruction by fire or other casualty, sale, assignment and subleasing, events of default, remedies, dispute resolution, among others, as mutually agreed to by the parties. Neither TDPUD nor TDRPD shall require financial consideration or other consideration for consenting to the amendment of the TDPUD/TDRPD lease to exclude the Property. 4. USE OF THE PROPERTY The Lease Agreement shall provide that JPA shall use the Property only for construction and operation of the Library, including ancillary facilities such as one or more parking lots. The Lease Agreement shall further provide that JPA shall be solely responsible for the construction and operation of the Library and the maintenance and repair of the Property and all facilities constructed thereon. All other uses are prohibited. TDPUD shall not be responsible for any costs incurred in connection with the development of the Property or the operation, maintenance, or repair of any facilities or improvements constructed by JPA. The Lease Agreement shall further provide that JPA shall obtain TDPUD approval prior to commencement of construction of improvements on the Property, provided that such approval shall not be unreasonably withheld, conditioned, or delayed if the improvements comprise the Library and/or related facilities Lease Option Agreement Page 2 of 7 Page 26 of 153 such as parking lots. 5. LIENS: JPA covenants not to allow any liens or encumbrance to attach to the Property during the Option Term. If any are made or attached against the Property due to JPA's investigation or due diligence efforts, TDPUD may revoke this Option, and JPA agrees to defend, indemnify, and save and hold TDPUD and TDRPD harmless from all costs or expenses incurred because of any such liens, levies or encumbrances, including but not limited to attorneys'fees, court costs, costs of suit, or otherwise. In the event any such liens, encumbrances, or otherwise are entered, made or levied against the Property, JPA will in a timely and reasonable manner contest or cause the removal of the same; and, if JPA fails to do so, TDPUD may do so and all such costs shall be the responsibility of JPA and recoverable by TDPUD. 6. ACCESS: Between the date of execution of this Option and entry into a Lease Agreement, JPA and its members, agents, contractors, subcontractors, and employees shall have the right to enter on the Property, at reasonable times during regular business hours and upon no less than 72 hours advance notice to TDPUD (and TDRPD, if the Property is still leased to TDRPD at the time of the planned entry upon the Property) to make any and all inspections and tests as may be necessary or desirable in JPA's discretion, including without limitation for the purposes of undertaking Library design, planning, and studies, but shall not have the right to make any physical modifications to the Property prior to the effective date of the Lease Agreement. Prior to entry onto the Property, JPA shall provide TDPUD (and TDRPD, if the Property is still leased to TDRPD immediately prior to the initial entry upon the Property by JPA or its members, agents, contractors, subcontractors and/or employees) with certificates of insurance and endorsements to policies evidencing insurance as required in Section 7 below. JPA shall restore the Property to its original condition or better following any entry. No destructive testing shall be performed. JPA shall provide a copy of all inspections, test results, inspection reports, and other reports and documents that describe the inspections, tests, and findings thereof at no cost to TDPUD, and to TDRPD if the Property is still leased to TDRPD at the time such inspections, results, reports and documents are received by JPA. 7. INSURANCE AND INDEMNITY: (a) JPA shall indemnify, defend and hold TDPUD and the Property, and TDRPD, harmless from any and all claims, actions, damages and liabilities arising out of or resulting from the access, inspection, testing, and related activities of and on the Property by JPA or JPA's, consultants, contractors and agents in connection with such entry and/or activities upon or about the Property. JPA's indemnification and defense obligations shall survive any termination of this Option. . (b) JPA and its consultants, contractors and agents shall maintain, at their expense: (a)commercial general liability insurance in the amounts of at least$2,000,000 as single coverage and property damage insurance in the amount of at least $1,000,000; (b) comprehensive automobile liability insurance in the amount of $1,000,000 per accident for bodily injury and property damage, insuring against all liability, claims, damages, costs, demands, or losses arising out of or in connection with JPA's access, inspection, testing, and related activities of and on the Property; and (c)workers' compensation insurance as required by law. (c) The commercial general liability and comprehensive automobile liability insurance policies shall be endorsed to name TDPUD and TDRPD, and their respective directors, officers, officials, employees, agents, and volunteers as additional insureds regarding liability arising out Lease Option Agreement Page 3 of 7 Page 27 of 153 of the access, inspection, testing, and related activities of and on the Property under this Agreement by JPA and its consultants, contractors and agents. JPA shall provide TDPUD and TDRPD with ISO CG 2010 endorsement forms or equivalent. The coverage shall contain no special limitations on the scope of protection afforded to TDPUD and TDRPD and their respective directors, officers, officials, employees, agents, and volunteers. The coverage shall be primary and shall apply separately to each insured against whom a claim is made or suit is brought, except with respect to the limits of the insurer's liability. TDPUD's and TDRPD's insurance, if any, shall be excess and shall not contribute with the insurance required in this Section. (d) JPA may satisfy its insurance requirements with self-insurance and/or insurance. The insurance required by this Agreement is to be placed with insurers admitted to transact business in the State of California. Prior to entering the Property or performing any inspection, testing, or related activities under this Agreement, JPA shall provide to TDPUD, and TDRPD if the Property is still leased to TDRPD at that time, original endorsements evidencing the insurance required by this Section signed by persons authorized to bind coverage on behalf of the insurers. The certificates and policies shall provide that 30 days' written notice of any material change, reduction of coverage or cancellation of the insurance policies will be provided to TDPUD and to TDRPD. 8. ATTORNEYS FEES: In the event of default or breach under this Option, the party found to be the defaulting party shall be responsible for and pay the non-defaulting party's reasonable attorney's fees, expenses, court costs, costs of suit and any other reasonable expenses incurred in the maintenance and enforcement of the terms of this Option. 9. TERMINATION: This Agreement may be terminated as hereinabove provided or by mutual written consent of the parties. 10. NOTICE: All notices, statements, reports, inspections., approvals, or requests or other communications that are required either expressly or by implication to be given by either party to the other under this Agreement shall be in writing and signed for each party by such officers as each may, from time to time, authorize in writing to so act. All such notices shall be deemed to have been received on the date of delivery if delivered personally or three days after mailing if enclosed in a properly addressed and stamped envelope and deposited in a United States post office for delivery. Unless and until formally notified otherwise, all notices shall be addressed to the parties at their addresses shown below: Truckee Donner Public Utility District Truckee-Donner Recreation and Park District 11570 Donner Pass Road 10981 Truckee Way Truckee, CA 96161 Truckee, CA 96161 Attn: General Manager Attn: General Manager Truckee Library Joint Powers Authority 950 Maidu Avenue Nevada City, CA 95959 Attn: Chair 11. MISCELLANEOUS: Lease Option Agreement Page 4 of 7 Page 28 of 153 (a) Partial Invalidity. If any term or provision of this Agreement or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Agreement, or the application of such term or provision to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each such term and provision of this Agreement shall be valid and be enforced to the fullest extent permitted by law. (b) Waivers. No waiver of any breach of any covenant or provision herein contained shall be deemed a waiver of any preceding or succeeding breach thereof, or of any other covenant or provision herein contained. No extension of time for performance of any obligation or act shall be deemed an extension of the time for performance of any other obligation or act except those of the waiving party, which shall be extended by a period of time equal to the period of the delay. (c) Survival of Representations. All covenants, representations, warranties, hold harmless and indemnification obligations made by each party herein shall survive (1)the exercise of this Option; and/or (2)the termination and/or cancellation of this Agreement. (d) Successors and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the parties and permitted transferees, successors, and assigns of the parties. No party may transfer or assign this Agreement, or any rights under this Agreement, without the prior written consent of the other parties, which consent may be granted, conditioned, or withheld in a party's sole discretion. (e) Entire Agreement. This Agreement (including all Exhibits attached hereto), is the final expression of, and contains the entire agreement between, the parties with respect to the subject matter hereof and supersedes all prior understandings with respect thereto. This Agreement may not be modified, changed, supplemented, superseded, canceled or terminated, nor may any obligations hereunder be waived, except by written instrument signed by the party to be charged or by its agent duly authorized in writing or as otherwise expressly permitted herein. The parties do not intend to confer any benefit hereunder on any person, firm or corporation other than the parties hereto. (f) Time of Essence. JPA, TDPUD, and TDRPD hereby acknowledge and agree that time is strictly of the essence with respect to each and every term, condition, obligation and provision hereof and that failure to timely perform any of the terms, conditions, obligations or provisions hereof by any party shall constitute a material breach of and a non-curable (but waivable) default under this Agreement by the party so failing to perform. (g) Relationship of Parties. Nothing contained in this Agreement shall be deemed or construed by the parties to create the relationship of principal and agent, a partnership, joint venture or any other association between JPA, TDPUD, and TDRPD. (h) Construction. Headings at the beginning of each paragraph and subparagraph are solely for the convenience of the parties and are not a part of the Agreement. Whenever required by the context of this Agreement, the singular shall include the plural and the masculine shall include the feminine and vice versa. This Agreement shall not be construed as if it had been prepared by one of the parties, but rather as if both parties had prepared the same. Unless otherwise indicated, all references to paragraphs, sections, subparagraphs and subsections are to this Agreement. All exhibits referred to in this Agreement are attached and incorporated by this reference. Lease Option Agreement Page 5 of 7 Page 29 of 153 (i) Governing Law. The parties hereto acknowledge that this Agreement has been negotiated and entered into in the State of California. The parties hereto expressly agree that this Agreement shall be governed by, interpreted under, and construed and enforced in accordance with the laws of the State of California. Truckee Library Joint Powers Authority Truckee Donner Public Utility District By: By: Name: Name: Title: Title: Truckee-Donner Recreation and Park District By: Name: Title: Lease Option Agreement Page 6 of 7 Page 30 of 153 EXHIBIT "A" Lease Option Agreement Page 7 of 7 Page 31 of 153 AGENDA ITEM #13 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: Brian Wright, General Manager SUBJECT: Consideration of Approving a Three-Party Hold Harmless Agreement with the Town of Truckee and Truckee-Donner Rec and Park District. APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: A. Approve the Hold Harmless and Property Use/Maintenance Agreement for Sidewalk Constructed In and Adjacent to the Town of Truckee Right-of-Way by and between the Town of Truckee, Truckee Donner Recreation and Park District and Truckee Donner Public Utility District in substantially the form presented; B. Authorize the General Manager to sign and deliver the Agreement only after the Town of Truckee has issued a building permit for construction of the Rocker Memorial Skatepark and construction of the Rocker Memorial Skatepark has commenced; C. If the Town of Truckee has not issued a building permit for construction of the Rocker Memorial Skatepark, and commencement of construction has not occurred by December 31, 2026, then this approval shall automatically be rescinded as of that date. BACKGROUND: The District owns multiple parcels within the Truckee River Regional Park campus which have been leased to the Truckee-Donner Rec and Park District (TDRPD) since 1966, for the operation and management of recreational use. One of the parcels is located at 10695 Brockway Road (APN# 019-450-054) and is the proposed site for the future development of the Rocker Memorial Skate Park. TDRPD has established a stakeholder group for the project in pursuit of funding and permitting. ANALYSIS AND BODY: In September 2022, a building permit application for the Rocker Memorial Skate Park was submitted to the Town of Truckee. Contained within the application for the building permits are provisions for the construction and maintenance of street frontage improvements within the Town of Truckee right-of-way. In February 2024, the Rocker Page 1 of 3 Page 32 of 153 Skate Park stakeholder group entered into a Memorandum of Understanding (MOU) with TDPRD to advance the construction of the skate park project. The Town of Truckee has conditionally approved the project. One of the Conditions of Approval (COA) for the Building Permit with the Town of Truckee is the execution of a Hold Harmless & Maintenance Agreement (HHMA). Traditionally, the HHMA would be executed by the owner of the property, which in this case would be the District. Because the skate park project will be owned and operated by the property lessee (TDPRD), the Town of Truckee has agreed to establish a three- party HHMA, whereby TDRPD assumes primary responsibility for operating, maintaining and insuring the property and its improvements, with the property owner (TDPUD) assuming secondary responsibilities for such obligations. The HHMA agreement to be executed by and between the three parties is in alignment with the District's lease agreement with TDRPD. Recognizing the skate park stakeholder group has additional COAs to satisfy as well as funding milestones established within the MOU with TDRPD, staff is recommending approval of the three party HHMA by the District subject to such approval being automatically be rescinded should the building permit not be approved and construction of the project commence by December 31, 2026. GOALS AND OBJECTIVES: District Code 1 .05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 3. Provide reliable and high quality water supply and distribution system to meet current and future needs. 4. Provide reliable and high quality electric supply and distribution system to meet current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1 .05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Take the best of private sector thinking to modernize the utility and add value to our communities. 5. Developing an inclusive culture drives organizational integration and success. FISCAL IMPACT: There is no fiscal impact associated with this item. Page 2 of 3 Page 33 of 153 ATTACHMENTS: 1. Hold Harmless and Property Use-Maintenance Agreement - Rocker Skate Park Page 3 of 3 Page 34 of 153 Recording Requested By: and Return to: Town of Truckee Kelly Carpenter, Town Clerk 10183 Truckee Airport Road Truckee CA 96161 Not Subject to Fees: GCS 27383 HOLD HARMLESS AND PROPERTY USE/MAINTENANCE AGREEMENT FOR SIDEWALK CONSTRUCTED IN AND ADJACENT TO THE TOWN OF TRUCKEE RIGHT-OF-WAY SECTION 1. RECITALS. A. On June 21, 2022, with the adoption of Planning Commission Resolution 2022-10, the Town of Truckee Planning Commission approved application 2020-00000084 adopting the Mitigated Negative Declaration and approving a Development Permit, Minor Use Permit, and Zoning Clearance for Rocker Memorial Skate Park. B. On September 19, 2022, The Town of Truckee (hereafter "Town") received a Building Permit application (2022-00001228)for the Rocker Memorial Skate Park located at 10695 Brockway Road, Truckee, California, on APN 019-450-054, (hereafter "Property") owned by Truckee Donner Public Utility District (hereinafter "Owner"). C. The Building Permit proposes to construct the improvements depicted in Exhibit A hereto (hereinafter "Improvements"). Improvements include, but are not limited to, the construction of frontage improvements (sidewalk). D. As shown in the building permit site plan, the sidewalk will be located in the Town's Estates Drive right-of-way. E. Condition of Approval Number 26 in Planning Commission Resolution 2022-10 states prior to building permit issuance, the applicant will be required to enter into a hold harmless agreement for the frontage improvements. F. For nearly 60 years, the Truckee Donner Recreation and Park District (hereinafter "Lessee") has leased from Owner the Property pursuant to that certain Lease, by and between Owner and Lessee made and entered into on December 1, 1966 (hereinafter "Park Lease"). The Park Lease term is scheduled to continue until December 5, 2065 unless terminated sooner. G. Pursuant to the terms of the Park Lease, Lessee is primarily responsible for operating, maintaining, and insuring the Property and its existing improvements, and Lessee has discharged those responsibilities without default throughout the entire Park Lease term from its inception through the date of this Agreement. Accordingly, Lessee is a party to this Agreement and shall assume primary responsibility for certain obligations hereunder, with Owner assuming secondary responsibility for such obligations only if (i) Lessee fails, refuses, or is unable to discharge such obligations after notice and cure periods set forth 1 Page 35 of 153 herein ("Lessee Default"), or (ii) Lessee is no longer the lessee under the Park Lease (or any subsequent lease(s)) and has not otherwise succeeded to Owner's full ownership interest in the Property (a "Lessee Dissociation Event"). As to certain obligations under this Agreement, Town accepts Lessee as the primary responsible party and Owner as the secondary responsible party on the terms and conditions set forth herein. SECTION 2. CONSIDERATION. In reliance upon the foregoing recitals this Agreement is entered for and in consideration of the mutual provisions herein exchanged and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged. SECTION 3. RECORDING IN THE OFFICIAL RECORDS OF NEVADA COUNTY. This Agreement shall be recorded in the official records of Nevada County in the chain of title of the Property upon which the Improvements are located. SECTION 4. IMPROVEMENTS. (a) Lessee Primary Responsible Party for Maintenance of Improvements To satisfy Condition of Approval Number 26, Lessee agrees to accept primary responsibility for maintenance of the Improvements that are located in the Town's right-of-way as depicted in Exhibit A. Lessee agrees to maintain the Improvements in a clean, safe, and well-kept condition at all times. In the event of a Lessee Default with respect to the maintenance obligations under this Section 4, the Town shall notify Lessee and Owner in writing of the specifics of such default and shall specify a reasonable period, as determined by Town, for Lessee to cure such default (the "Cure Period"). (b) Owner as Secondary Responsible Party for Maintenance of Improvements (i) Lessee Default. If Lessee fails to timely cure any Lessee Default for which Town has properly notified Lessee and Owner, Town shall notify Owner in writing of such continuing Lessee Default and Owner shall, effective upon the date of Town's notice, be solely responsible for the maintenance obligations under this Section 4. Owner shall continue to discharge such maintenance obligations until such time that Lessee provides to Town sufficient evidence, as determined by Town, of Lessee's ability to resume primary responsibility for these obligations, in which case, Town shall provide written notice to both Lessee and Owner of the date upon which Lessee may resume its primary responsibility under this Section 4, upon which date Owner will again assume secondary responsibility. (ii) Lessee Dissociation Event. Owner shall notify Town in writing as soon as is reasonably practicable after Owner learns of any impending Lessee Dissociation Event, and in any event no later than thirty (30) calendar days after the occurrence of any such event. Upon the date of such Lessee Dissociation Event, Owner shall be solely responsible for the maintenance obligations under this Section 4 for the remainder of the term hereunder or as otherwise agreed by the remaining parties. (c) Town's Right To Immediately Cure Health and Human Safety Hazards Notwithstanding the notice and cure provisions in this Section 4 above, in the event of a Lessee Default that results in health or human safety hazards on the Property, Town shall have the right to immediately mitigate such hazard(s) without prior notice or an opportunity for Lessee to cure 2 Page 36 of 153 said default. Town shall provide Lessee and Owner written notice of the costs for any such mitigation work and such notice shall include a due date by which Lessee shall reimburse Town for same. The reimbursement of such costs shall be the primary responsibility of Lessee, and if Lessee fails to reimburse Town for same by the due date specified in Town's notice, Owner shall be solely responsible to the Town for such costs. If Lessee fails to timely reimburse Town, the Town shall provide written notice to Owner of such Lessee Default and the costs still outstanding, along with a revised due date to provide Owner a reasonable period in which to reimburse Town. For purposes of this paragraph, Owner acknowledges that any period of not less than 90 days will be reasonable. If Lessee and Owner fail to timely reimburse Town for such costs pursuant to their respective notices from Town, Town may cause a lien to be recorded against the Property for the unpaid amount, and shall have such other rights as are provided by law and/or equity. SECTION 5. MAINTENANCE STANDARDS. Owner shall maintain the Improvements in a clean, safe, and attractive condition at all times. Should Owner fail or refuse to fulfill these obligations under this provision, Town may do so using its personnel and charge Owner the costs of such service including reasonable overhead. Town shall not exercise such right until after giving Owner seven days written notice, except in those instances where said lack of maintenance is creating health or human safety hazards in which case the Town shall have the right to immediately mitigate such hazards at Owner's expense. Any such charge shall become a lien on the Property if not timely paid. Town will accept performance of Owner's obligations hereunder from Lessee or any future lessee of the Property, provided that Owner shall remain responsible for performance of its obligations hereunder in the event that Lessee or a future lessee fails to timely perform some or all such obligations. SECTION 6. INDEMNITY/HOLD HARMLESS. (a) Lessee as Primary Indemnitor. Lessee shall be primarily responsible to indemnify, defend, and hold harmless Town and its officers, employees, and agents ("Town Indemnitees")from any and all damages, claims, causes of action, liabilities, obligations, and/or judgments, including the payment of Town's reasonable attorneys' fees and costs related thereto (collectively, "Claims") that arise from: (i) Town's entry into this Agreement; (ii) Lessee's negligence or willful misconduct in the performance of its obligations under this Agreement or out of the obligations conducted by Lessee, including without limitation: (A) any personal injury occurring on the Improvements located within or adjacent to Town's right-of-way; and (B) property damage resulting from Town's maintenance operations, including snow removal activity, within Town's right-of-way or to the portion of the Improvements that are on private property, except to the extent such Claims are determined by a final judgment of a court of competent jurisdiction to have been caused by the active negligence or willful misconduct of Town Indemnitees. In the event Town Indemnitees are made a party to any action, lawsuit, or other adversarial proceeding arising from Lessee's performance of this Agreement, Town shall notify Lessee and Owner in writing that Lessee is required under this Agreement to provide a defense to Town Indemnitees, or at Town's option, to reimburse the Town Indemnitees their costs of defense, including attorney's fees, incurred in defense of such Claims. Town's notice for these respective options shall include a date by which Lessee must respond to Town with its written assurances that it will provide the required defense to Town Indemnitees or the required reimbursement by the date specified in Town's notice. 3 Page 37 of 153 If Lessee fails to timely respond to Town's notice and demands as specified in the immediately preceding paragraph, Town shall notify Lessee and Owner in writing of such Lessee Default as to this Section 6 and that Town is requiring Owner to discharge its obligations as the secondary indemnitor hereunder as provided in Section 6(b) below. (b) Owner as Secondary Indemnitor. In the event of a Lessee Default under Section 6(a), or a Lessee Dissociation event (as noticed to Town as further provided hereinbelow), Owner shall be solely responsible for the obligations under this Section 6, as follows: Owner shall indemnify, defend, and hold harmless Town and its officers, employees, and agents ("Town Indemnitees")from any and all damages, claims, causes of action, liabilities, obligations, and/or judgments, including the payment of Town's reasonable attorneys' fees and costs related thereto (collectively, "Claims") that arise from: (i) Town's entry into this Agreement; (ii) Lessee's and/or Owner's negligence or willful misconduct in the performance of its obligations under this Agreement or out of the obligations conducted by Lessee and/or Owner, including without limitation: (a) any personal injury occurring on the Improvements located within or adjacent to the Town's right-of-way; and (b) property damage resulting from the Town's maintenance operations, including snow removal activity, within the Town's right-of-way or to the portion of the Improvements that are on private property, except to the extent such Claims are determined by a final judgment of a court of competent jurisdiction to have been caused by the active negligence or willful misconduct of the Town indemnitees. In the event the Town indemnitees are made a party to any action, lawsuit, or other adversarial proceeding arising from Lessee's and/or Owner's performance of this Agreement, Owner shall provide a defense to the Town indemnitees or at the Town's option, reimburse the Town indemnitees their costs of defense, including attorney's fees, incurred in defense of such Claims. A Lessee Default as to its indemnification obligations for a particular action, lawsuit, or other adversarial proceeding as set forth above, will not necessarily operate to prevent Lessee from resuming its primary indemnitor obligations under this Agreement. Town shall have the option to consider each Lessee Default and any subsequent actions Lessee takes to remedy the conditions and circumstances that led to such default (as Lessee shall be entitled to present to Town in writing and on conditions established by Town at its sole and absolute discretion). After considering such remedial actions and/or changes in Lessee's operations, Town may agree, through a notice in writing to Lessee and Owner, to allow Lessee to resume its obligations as the primary indemnitor on a date certain, upon which date Owner shall resume its obligations as the secondary indemnitor. Owner shall notify Town in writing as soon as is reasonably practicable after Owner learns of any impending Lessee Dissociation Event, and in any event no later than thirty (30) calendar days after any such event. Upon the date of such Lessee Dissociation Event, Owner shall be solely responsible for the indemnity obligations under this Section 6. SECTION 7. WAIVER. No waiver of any default hereunder shall constitute a waiver of any other default or breach of a covenant, condition, or term. In no event shall any such waiver constitute an estoppel, past practice, or contractual right. 4 Page 38 of 153 SECTION 8. NOTICES. All notices required by this Agreement shall be sent first-class mail or personally delivered to the persons and addresses set forth below. Such addresses may be amended from time to time by written notice to the other parties to this Agreement, which shall not be deemed or construed an amendment to this Agreement. Because of Lessee's and Owner's respective primary and secondary responsibilities under this Agreement, Town agrees to copy Owner and Lessee on all notices, except for any communications that are confidential between Town and the party being notified. Town: Owner: Lessee: Town of Truckee Truckee Donner PUD Truckee Donner Recreation & Parks District 10183 Truckee Airport Rd 11570 Donner Pass Road 10981 Truckee Way Truckee, CA 96161 Truckee, CA 96161 Truckee, CA 96161 Attn: Town Manager SECTION 9. AUTHORITY. Town, Lessee, and Owner represent that they have the authority to enter into this Agreement and perform its terms. Each party warrants that the individuals signing this Agreement have the legal authority to do so and bind each party to perform the obligations set forth herein. SECTION 10. INSURANCE. Insurance: Owner and Lessee shall obtain and shall require its contractors to obtain insurance of the types and in the amounts described below and satisfactory to Town. Notwithstanding any provision herein, Town and Owner reserve the right to require the insurance policy limits set forth herein to be reasonably increased over time to reflect cost of living adjustments. If at any time it is determined by the Town that the Owner or Lessee has not maintained the required insurance, the encroachment permit authorizing the Improvements to be constructed and maintained in Town's right-of-way may be revoked and the Improvements required to be removed. Owner and Lessee may satisfy their requirements to provide insurance in this Section 10 through self- insurance that is reasonably acceptable to Town. Commercial General Liability Insurance: Owner and Lessee shall each maintain Insurance Services Office (ISO) Form CG 00 01 covering CGL on an "occurrence" basis, including products and completed operations, property damage, bodily injury and personal & advertising injury with limits no less than $1,000,000 per occurrence If such insurance contains a general aggregate limit, it shall apply separately to this Agreement or be no less than two times the occurrence limit. Additional Insureds: The Town, its officers, officials, and employees shall be named as additional insureds on all policies Owner and/or Lessee are required to carry hereunder, and Lessee, its officers, officials, and employees shall be named as additional insureds on all policies Lessee is required to carry hereunder, through a valid endorsement to the CGL policy with respect to liability arising out of work or operations performed by or on behalf of the Owner or Lessee including materials, parts, or equipment furnished in connection with such work or operations and automobiles owned, leased, hired, or borrowed by or on behalf of the Owner or Lessee. General liability coverage can be provided in the form of an endorsement to the Contractor's insurance (at least as broad as ISO Form CG 20 10 11 85 or both CG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 20 37 forms if later revisions used). All insurance policies carried by Owner and Lessee shall further be endorsed to be primary with respect to any insurance or self-insurance 5 Page 39 of 153 programs covering Town, its officials, officers, employees, agents, and consultants, such that Town insurance or self-insurance shall not be called upon to contribute with or to any claim paid under Owner's or Lessee's (or Owner's or Lessee's contractors') policies of insurance, and shall contain standard separation of insureds provisions. All insurance policies carried by Lessee shall further be endorsed to be primary with respect to any insurance or self-insurance programs covering Owner and/or Town, and their respective officials, officers, employees, agents, and consultants, such that Owner and/or Town insurance or self-insurance shall not be called upon to contribute with or to any claim paid under Lessee's or Lessee's contractors' policies of insurance and shall contain standard separation of insureds provisions. Waiver of Subrogation: Owner and Lessee hereby agree to waive rights of subrogation that any insurer of Owner or Lessee may acquire from Owner or Lessee by virtue of the payment of any loss. Owner and Lessee, in their respective policies, shall obtain any endorsement that may be necessary to affect this waiver of subrogation, but this provision applies regardless of whether or not the Town or Owner have received a waiver of subrogation endorsement from the insurer. However, the Workers' Compensation policy shall be endorsed with a waiver of subrogation in favor of the Town and Owner for all work performed by the Owner, Lessor and their respective employees, agents, and subcontractors. Subcontractors: Owner and Lessee shall require and verify that all subcontractors maintain insurance meeting all the requirements stated herein, including without limitation the required endorsements. For CGL coverage, subcontractors shall provide coverage with a form at least as broad as CG 20 38 04 13. Certificates of Insurance: Owner and Lessee shall, prior to commencement of the Agreement, furnish to Town properly executed certificates of insurance, and copies of endorsements and policies, which shall clearly evidence all insurance required in this Section. Owner and Lessee shall require their contractor(s)to provide notice to the Town and Owner within five days of receipt of any notice of cancellation, expiration, or reduction in coverage under any required policy of insurance. Term of Coverage: Owner and Lessee shall maintain all insurance required of each of them under this Agreement, except as may be otherwise required by this Article. Owner and Lessee shall replace any policies, certificates, and endorsements for any insurance expiring prior to completion of the Agreement. Licensed Insurer: Owner and Lessee shall place all insurance with insurers having an A.M. Best Company rating of no less than A:VIII and licensed to do business in California. SECTION 11. MISCELLANEOUS PROVISIONS. Time is of the essence of this Agreement and all parties agree to proceed with due diligence to fulfill its terms. This Agreement shall be interpreted in accordance with the laws of the State of California, and the exclusive jurisdiction and venue over any litigation arising here from shall be the appropriate court of Nevada County, California. This Agreement contains the entire agreement between the parties with regard to all matters contained herein and supersedes all previous discussions, representations, and correspondence between the parties. If any provision of this Agreement shall be declared void, voidable, illegal or unenforceable by any court of competent jurisdiction, administrative panel or arbitration panel, such declaration or finding shall not void or cancel the other provisions of this Agreement, which shall remain binding upon the parties. No modification of this Agreement may be made except in a recorded writing signed by all parties that is approved in the manner required by California law for contracting with municipal corporations. This Agreement may be signed in counterparts, each of which shall constitute an original and collectively shall constitute one instrument. The parties hereto have independently 6 Page 40 of 153 reviewed this Agreement after consulting with counsel, and therefore no presumption shall arise from the fact that it was prepared by or at the request of either party. The parties shall fully cooperate with each other in performance of this Agreement, including execution of any and all reasonably required documents and take any reasonably required further acts. The maintenance obligations contained in this Agreement shall survive its termination or expiration. The Recitals set forth above and the Exhibits attached to this Agreement are acknowledged and agreed by the parties to be true and correct and are hereby incorporated into the Agreement as if fully set forth herein. SECTION 12. PARTIES BOUND. The provisions of this Agreement shall be binding upon Owner, Lessee and Town and their respective heirs, executors, administrators, legal representatives, successors, and assigns. This Agreement is intended to run with the land upon which the Improvements are located, and the burden hereof shall inure to Owner's and Lessee's successors and assigns and the benefit hereof shall inure to the benefit of Town and its successors and assigns. SECTION 13. MECHANICS LIENS AND STOP NOTICES. If any claim of lien or stop notice is filed or attempted to be filed against Town or against the public right-of-way in connection with work undertaken by Owner or Lessee pursuant to this Agreement, Lessee shall, within twenty (20) days after such filing or service, either pay and fully discharge the lien or stop notice, effect the release of such lien or stop notice by delivering to Town a surety bond in sufficient form and amount, or provide Town with other assurance satisfactory to Town that the claim of lien or stop notice will be paid, discharged or disputed. If Lessee fails to timely respond as specified in the immediately preceding paragraph, Town shall notify Lessee and Owner in writing of such Lessee Default as to this Section 13 and that Town is requiring Owner to discharge its obligations as the secondary indemnitor hereunder. If Lessor and Owner fail to discharge or dispute any lien, encumbrance, charge, or claim in the manner required in this Section, then in addition to any other right or remedy, Town may(but shall be under no obligation to) discharge such lien, encumbrance, charge, or claim at Owner's expense. Alternately, Town may require Owner to immediately deposit with Town the amount necessary to satisfy such lien or claim and any costs, pending resolution thereof. Town may use such deposit to satisfy any claim or lien that is adversely determined against Owner. In witness whereof, the parties have executed this Agreement on the date first set forth above. 7 Page 41 of 153 TOWN OF TRUCKEE: Dated: By: Jen Callaway, Town Manager TRUCKEE DONNER PUBLIC UTILITY DISTRICT: Dated: By: Brian Wight, General Manager TRUCKEE DONNER RECREATION AND PARKS DISTRICT: Dated: _By: Sven, Leff, CPE General Manager 8 Page 42 of 153 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Nevada On before me, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity (ies), and that by his/her/their signature(s)on the instrument the person(s), or the entity upon behalf of which the person(s)acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature of Notary 9 Page 43 of 153 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Nevada On before me, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity (ies), and that by his/her/their signature(s)on the instrument the person(s), or the entity upon behalf of which the person(s)acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature of Notary 10 Page 44 of 153 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Nevada On before me, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity (ies), and that by his/her/their signature(s)on the instrument the person(s), or the entity upon behalf of which the person(s)acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature of Notary 11 Page 45 of 153 AGENDA ITEM #14 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: Jared Carpenter, Electric Utility Director SUBJECT: Consideration of Adopting Resolution 2024-20 Approving the Submission and Attesting to the Veracity of the 2023 Power Source Disclosure Report and Power Content Label. APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Adopt Resolution 2024-20 approving the submission and attesting to the veracity of the 2023 Power Source Disclosure Report and Power Content Label. BACKGROUND: California Senate Bill (SB) 1305, approved in 1997, directs all California retail suppliers of electricity to disclose to consumers the sources of energy used to provide the electric service in an accurate and easy to understand manner. The SB 1305 Report is better known as the Power Source Disclosure (PSD) Report. The District submits an annual PSD Report to the California Energy Commission (CEC) by June 1st of each year. The information contained in the PSD Report is subsequently used to prepare the annual Power Content Label (PCL) using a PCL template provided to all utilities each year by the CEC. The PCL is made available to our customers around September of each year, and is posted on the District's and the CEC's website. In 2017, the CEC regulation implementing SB 1305 was updated with important changes that directly affected all electric utilities. The changes included a provision that requires utilities to engage a third-party certified public accountant (CPA) to perform an audit to verify the specific purchases and self-consumption of energy by fuel type. The regulation includes an exemption from the audit requirement for publicly owned electric utilities (POUs), if the governing board of the POU approves the submission and veracity of the reports sent to the CEC. ANALYSIS AND BODY: District staff has compiled the data for the 2023 PSD based on the information provided and verified by our electric suppliers, including Utah Associated Municipal Power Systems (UAMPS), Western Area Power Administration (WAPA) and Western Electricity Coordinating Council (WECC). In addition, the District contracts with a third- party verifier to prepare a report for all electricity transactions, and submits this report Page 1 of 2 Page 46 of 153 annually to California Air Resources Board (CARB) in compliance with State regulations and CARB Greenhouse Gas Emissions reporting requirements. Staff have further reviewed this information and are confident in the accuracy of the information being reported. The proposed Resolution 2024-20 approves the 2023 PSD Report and PCL submission and provides an attestation on the veracity of the reports, as required by the CEC for exemption from the third-party CPA audit requirement. The 2023 PSD Report and PCL are included as Exhibits A and B respectively, in Resolution 2024-20. The 2023 PCL (Attachment 1, Exhibit B) lists the total eligible renewable percentage of 47.3%, and the total percentage of retail sales covered by retired unbundled renewable energy credits (RECs) as 12.8%. The District has a diverse portfolio of renewable resources, including hydroelectric, landfill gas, wind, and heat recovery generation. Most of these resources include the REC attributes transferred to the District in accordance with the energy generated, and are included in the total renewable energy percentage of 47.3%. However, several resources, including Stampede Hydroelectric, TCID Hydroelectric, and Veyo Heat Recovery Projects, come with a partial amount of RECs, or no RECs at all. Since these are RPS eligible and/or carbon free resources, the District purchases unbundled RECs to supply the REC attribute lacking from these resources, representing 12.8% of retail sales as shown in the PCL. Therefore, the District's RPS achievement for 2023 is the sum of these two numbers, or 60.1% RPS. The District's RPS achievement of 60.1% for 2023 is about 1% higher than the 2022 RPS value of 59.9%. The primary factors contributing to a higher value RPS value this year are the addition of Red Mesa solar, which came online in March 2023, and a 1% decrease in energy sales. GOALS AND OBJECTIVES: District Code 1 .05.020 Objectives: 1. Responsibly serve the public. 5. Manage the District in an environmentally sound manner. District Code 1 .05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. FISCAL IMPACT: There is no fiscal impact associated with approving the submission and attesting to the veracity of the 2023 Power Source Disclosure Report and Power Content Label. ATTACHMENTS: 1. EXHIBIT A - 2023 PSD 2. EXHIBIT B - 2023 PCL 3. R2024-20 - Approving Power Source Disclosure 2023 Page 2 of 2 Page 47 of 153 EXHIBIT 2023 POWER SOURCE DISCLOSURE ANNUAL REPORT ,nstruclions:Enter SCHEDULE 7:PROCUREMENTS AND RETAIL SALES FOP tNe Year Entling DBGeml18P 31,2023 (RETAIL SUPPLIER NAME) (ELECTRICITY PORTFOLIO NAME] information - Iau sales lMwp Unspecifiedyng rald in white Ghould"filled Out Fil in gmy auto-populate as huseded and should not be filled out.For IA IDS far -r or specified systemass- - - _Perri of _ u�Pe=inea PoerlMWnl Al system ri Procuremanto of I inspecified it-must not be ordered as line Items below;Unspecified power will be calculate alltoMatiCally In Call Ni Unbundled REGS must not be entered on Schedule 1:these products must be trilcmd on Schedule Z At the be 9,t35 -Schedule. -the Flminmentmbe ed},sted NM SpeclTed Natural Ges NH SP¢tlM¢tl Coal 6 QNM Fas51l FueS - - end-uses hatam - sales - - Nel SPeuFlad Nuclear,Large Hydra,R ewades,antl ACS PowerASS streetor mul - GHG Emi¢sians tev.Uutles gral'AFdtN¢rM emisLlms) GHG Emissbns Ime+mry[in sAT COaM.M1VhI01611 OIMECTLT GELNEAEG RENEWaBLEB EHG PmMFIeM Slate or 40[usreX NetMWH FaclorS„IYrp GXG EmIRIvrm tN MT ilvy Name I�,gI��Frae1 TY�Ge Pravince WREGIE III RPS IC WA EIA ID ProcMredN Resold Procured ured COvelMWh) Cove[ N�A EIA IC vI El41G vl GHG Emisslens Eligide for WA State yr REC Gubsti[uty Grosa MWh Nv[MWM1 Atljualvtl Ne[MWh Factor[In NfT GHG Emssions GranMathvrvtl Facllily Name Fuel Type Pravince WREGI510 RP51❑ Source Power Procured MWN Reseltl Precuretl Preeured CgelMWhl tin MT CO.e7 Emissions? � SPECIFIED HOn�NENEwn13aE PROCUREMEInTS � GHG Emissldns 9fabn Gross MWM1 Net MIWh Atl)whd NetMWh Faclar{In M1R GHG Emisslvns Facility Name ITyPa CO�e(MWh) (in MT COae� - so "I li d Me -. I'loo 1C.M3 3,410 ��- P GX6 EaNaalvna Grace MWh Nv[MWN Ad[usava Not MIWN Facler(In MIT GNG Emisslvns clllly Namv el type. fIA IG Procure0 MWh Resold Procured ProcareO COrerMWM1) do MT Core) END USES OTHER THAN RETAIL SALES MWh Transmission Losses 3,028 9,655 Distribution Losses Page 48 of 2023 POWER SOURCE DISCLOSURE ANNUAL REPORT SCHEDULE 2: RETIRED UNBUNDLED RECS For the Year Ending December 31, 2023 (RETAIL SUPPLIER NAME) [ELECTRICITY PORTFOLIO NAME] ! ■ • err -r ■ ■ r ■ -• •r■ -•-r • ■ ■ • •- '■ ■ Total Retired Unbundled RECs i RETIRED UNBUNDLED RECS State or Facility Name Fuel Type Province RPS ID Total Retired(In MWh) EXHIBIT • • Z�Z3 Pa1NER SaURCE DISCLOSURE ANNUAL REPORT Instructions: No data input is SCHEDULE 3: PC]VIIER CONTENT LABEL ❑ATA For the Year Ending December 31 , ZOZ3 RETAIL SUPPLIER NAME} {ELECTRICITY P�RTF�LI� NAME} neededp. - • use these auto-populated calculations to fill out their Power Content Labels. Adjusted Net Percent of Total Procured {MWh] Retail Sales Renewable Procuremej7l� : . 1 47.3% Biomass & Biowaste19,903 12.0% Geothermal 1 1' , Eligible Hydroelectric7,148 4.3% Solar13,270 : 1' . Wind38,320 23.0% Coal 1 1' , Large Hydroelectric 1 Natural gas 1 :•: 12.5% Nuclear 1 1' , Qther • Unspecified Power 40,227 '. Total166,385 100.0% Total Retail Sales {MWh) . . ,385 GHG Emissions Intensity{converted to Ibs CDzelMWh} 3551 Percentage of Retail Sales Cave red by Retired Unbundled RECs 8� ' Page 50 of EXHIBIT B 2023 POWER CONTENT LABEL Truckee Donner PIUD www.TDPUD.or Greenhouse Gas Emissions Energy Resources TDPUD 2023 CA Intensity (lbs CO2e/MWh) Power Mix Power Mix TDPUD Power Mix 2023 CA Utility Average Eligible Renewable 47.3% 36.9% Biomass& Biowaste 12.0% 2A% 355 373 Geothermal 0.0% 4.8% 1000 Eligible Hydroelectric 4.3% 1.8% Solar 8.0% 17.0% 800 ■TDPUD Power Wind 23.0% 11.2% Mix Coal 0.0% 1.8% 600 Large Hydroelectric 10.5% 11.7% 400 Natural Gas 12.5% 36.6% ■2023 CA Utility Nuclear 0.0% 9.3% 200 Average Other 5.5% 0.1% 0 Unspecified Power 24.2% 3.7% TOTAL 100.0% 100.0% Percentage of Retail Sales Covered by 13% Retired Unbundled RECs3: The eligible renewable percentage above does not reflect RPS compliance, which is determined using a different methodology. Unspecified power is electricity that has been purchased through open market transactions and is not traceable to a specific generation source. 3Renewable energy credits (RECs)are tracking instruments issued for renewable generation. Unbundled renewable energy credits (RECs) represent renewable generation that was not delivered to serve retail sales. Unbundled RECs are not reflected in the power mix or GHG emissions intensities above. For specific information about this Truckee Donner PUD (530) 587-3896 electricity portfolio, contact: For general information about the httos://www.energy.ca.gov/programs-and- Power Content Label, visit: to p ics! ro ramsl ower-source-disclosure-pro ram Page 51 of 153 DistrictPublic Utility Resolution No. 2024-20 APPROVING SUBMISSION AND ATTESTING TO THE VERACITY OF THE 2023 POWER SOURCE DISCLOSURE REPORT AND POWER CONTENT LABEL WHEREAS, the Truckee Donner Public Utility District (District) is a public agency of the State of California, and owns and operates an Electric System for the provision of electric service at retail to the general public within its service area; and WHEREAS, Senate Bill 1305 (SB 1305), adopted in 1997, directs all California retail suppliers of electricity to disclose to consumers the sources of energy used to provide the electric service in an accurate and easy to understand manner; and WHEREAS, the California Energy Commission (CEC) regulation implementing SB 1305 requires publicly owned electric utilities, like the District, to have the Board attest to the veracity of the Power Source Disclosure (PSD) and Power Content Label (PCL) in lieu of an audit by a third-party certified public accountant; and WHEREAS, District staff accurately prepared the 2023 PSD Report and PCL for submission to the CEC and District customers based on information provided and verified by our electric suppliers including Utah Associated Municipal Power Systems, Western Area Power Administration, Western Electricity Coordinating Council, and a third-party verifier who prepares a report for all electricity transactions and submits this report annually to the California Air Resources Board for Greenhouse Gas Emissions reporting requirements; and WHEREAS, the District generally submits a PSD Report to the CEC by June 1st of each year, and the PCL is made available to our customers by October 1st of each year in accordance with CEC requirements and deadlines. NOW THEREFORE BE IT RESOLVED by the Board of Directors of the District as follows: The Board of Directors approves the submission of the 2023 Power Source Disclosure Report (Exhibit A) and Power Content Label (Exhibit B) to the California Energy Commission and hereby provides attestation of the veracity of the reports submitted by staff. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the 6th day of November, 2024, by the following roll call vote: AYES: NOES: ABSTAIN: ABSENT: TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Jeff Bender, President of the Board Page 52 of 153 ATTEST: Brian Wright, General Manager Page 53 of 153 AGENDA ITEM #15 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: Michael Salmon, Chief Financial Officer SUBJECT: Consideration of Authorizing the General Manager to Execute the Agreement Regarding APN# 043-010-005-000. APPROVED BY: Z_ Brian C. Wright, General Manager RECOMMENDATION: A. Determine that the waiver of current Penalty and Interest for APN# 043-010-005-000 agreement complies with the requirements of Government Code section 53340(f), and B. Authorize the General Manager to execute the Agreement regarding APN# 043-010- 005-000 (Attachment 1); accepting full payment for all installment special tax amounts past due, in exchange for waiving current Penalty and Interest amounts BACKGROUND: In 2004 and 2005, the Truckee Donner Public Utility District (TDPUD) Community Facilities District (CFD) No. 04-1 (Gray's Crossing) issued special tax bonds (Bonds) totaling $15,375,000. The Bonds were issued to construct and acquire various public improvements needed with respect to the development within Gray's Crossing, to fund the Reserve Account securing the Bonds, to fund capitalized interest on the Bonds, and to pay the costs of issuance of the Bonds. The CFD is a Mello-Roos CFD and the Bond's debt is repaid by a Mello-Roos special tax assessment. The tax is only applied to parcel owners of the CFD. It is an additional line item on property tax bills each year, with installments due with property taxes (December and April). The Bonds are limited obligations of CFD payable solely from the special tax. TDPUD has no financial obligation regarding CFD's debt. As the Bonds are currently issued, the special tax runs through 2035, corresponding with the last debt payment. The vast majority of 407 parcels in the CFD have been paying their respective annual special tax amounts and are current. However, there are three undeveloped parcels with significant installment delinquency amounts, and have incurred significant penalties and interest charges due to the delinquencies. Page 1 of 5 Page 54 of 153 ANALYSIS AND BODY: Regarding the three undeveloped parcels that have significant installment delinquency amounts, and have incurred significant penalties and interest charges due to the delinquencies. The table below summarizes the current delinquency amounts. Attorney Fees Assessor Parcel Special Tax and Other Parcel Owner Number(APN) Installments Penalties Interest Costs Total Siddiqui (10) 019-770-002-000 $ 2,581,808 $ 258,181 $ 3,155,460 $ 41,048 $ 6,036,496 Siddiqui (11) 043-010-005-000 $ 1,235,371 $ 127,110 $ 1,513,630 $ 25,638 $ 2,901,748 DKALVISO (10) 043-010-007-000 $ 2,103,307 $ 210,331 $ 2,622,705 $ 33,440 $ 4,969,782 Totals,as of 10I31t2024 € $ 5,920,485 $ 595,621 $ 7,291,794 $ 100,125 S 13,908,025 (10)1nkrestffi ughOdt be 3f,2024 Penalties and Interest Total $ 7,887,415 i11J(n(eres(through N—ber30,2024 Penalties,Interest,and Fees Total $ 7,987,541 Siddiqui full owner name is Siddiqui Family Partnership, L.P DK ALVISO full owner name is DK Alivso LLC. The referenced parcels have Mello-Roos tax assessment delinquencies beginning in 2009 through current. In 2020, the parcels were purchased in tax sales, with proceeds applied to current year's special tax delinquency amounts by Nevada County. The current owners assumed all past due amounts. The parcels cannot be developed without settlement of amounts due to the CFD. Siddiqui Family Partnership, L.P., the owner of parcel APN # 043-010-005-000, has a potential buyer, Soldier Creek LLC, for the 043-010-005-000 property, which could solve the delinquent tax problem. Further details on amounts owed for this parcel are as follows: Details of parcel APN# 043-010-005-00 are as follows: Mel Ios Roos Assessment Costs APN:043-010-005-000,LDK(Henness Fiats) Interest through November30,2024,as applicable Atto rneys Special Tax Fees& Tax Year Installments Penal Interest Subtotal Other Costs Total Original Judgement2011 $ 15,764.82 $ 5,149.09 $ - $ 20,913.91 $ 7,103.50 $ 28,017.41 Dec2020 Update to OJ above $ - $ - $ 20,025.15 $ 20,025.15 $ 2,026.16 $ 22,051.31 Modified Judgement totals 2/10/2021(addtl,tax years) $ 848,185.06 5 84,818.51 $ 804,928.54 $1,737,932.11 $ 8,970.55 $1,746,902.66 Modf.ludgement Date to 11/30/2024 $ 577,945.25 $ 577,945.25 $ 7,537.44 $ 585,482.69 2020/2021 Tax Year $ 69,428.86 $ 6,942.89 $ 42,698.75 $ 119,070.49 $ - $ 119,070.49 2021/2022 Tax Year $ 70,551.44 $ 7,055.14 $ 30,689.88 $ 109,296.46 $ $ 108,296.46 2022/2023 Tax Year $ 111,022.84 $ 11,102.28 $ 28,310.82 $ 150,435.95 $ 150,435.95 2023/2024 Tax Year $ 120,417.48 $ 12,041.75 $ 9,031.31 $ 141,490.54 $ 141,490.54 APN Totals $1,235,370,50 $ 127,109.66 $ 1,513,629.70 $2,876,109.86 $ 25,637.65 $2,901,747.51 Penalties and Interest Total $ 1,640,739.36 Penakies,Interest,aril Fees Total $1,666,377.01 Page 2 of 5 Page 55 of 153 Siddiqui Family Partnership, L.P. has presented CFD (to the District as administrator of CFD) an Agreement (Agreement). The Agreement, in essence, requests in exchange for payment of Installment Amounts past due in full. The CFD waives all accrued Penalties and Interests to date, including the accrued Penalties and Interest included in the Judgment. The waiver of current penalty and interest amounts due is in the best interest of the owners of the bonds, in that it will lead to the curing of a significant special tax delinquency and facilitate development of the parcel, thereby reducing the likelihood of future special tax delinquencies. The CFD's legal counsel, Stradling Yocca Carlson & Rauth, has reviewed the Agreement presented by Siddiqui Family Partnership, L.P and made several markup edits. The Agreement with markup edits is presented as Attachment 1. Per council review of CFD formation documents, upon making determinations set forth in Government Code section 53340, the District has the authority to waive all or a portion of penalties and interest, but not the principal special tax/installment amounts. The significant multi-year non-payment of the special tax assessments for approximately 15 years by the three parcels amounts to $5.9 million in unpaid mello- roos taxes. Due primarily to these three parcels not paying each year over the last 15 years, the CFD has had to use reserve funds to make the annual debt service payments. The reserve requirement is $3.32 million, and the current balance is $1.9 million. The reserve balance is not sufficient to make-whole through the end of the bond term in 2035, falling several years short. Further details related to the reserve account are provided in Attachment 2. The location of the subject parcel is in the bottom red right below, and is referred to as Lot D Gray's Crossing #3. The parcel is 6.86 acres per county assessor and is generally located north of 1-80 and south off Henness Road. Below in red are the three significant delinquency parcels locations. Page 3 of 5 Page 56 of 153 _ � t Q Siddiqui-019 a {a Church Q ACMS w� Hinton Ln LOB I-043 °Oa California Government Code section 53340(f) is provided as Attachment 3. The code section specifies the following: (f)(1)Notwithstarding subdivision(e),the legislative body of the district may waive all or any specified portion of the delinquency penalties and redemption penalties if it makes all of the following determinations: (A)The waivers shall apply only to parcels delinquent at the time of the determination. (B)The waivers shall be available only with respect to parcels for which all past due and currently due special taxes and all other costs due are paid in full within a limited period of time specified in the determination. (C)The waivers shall be available only with respect to parcels sold or otherwise transferred to new owners unrelated to the owner responsible for the delinquency. (D)The waivers are in the best interest of the debtholders. Additional information on CFD 04-1 Grays Crossing is provided in Attachment 4 Annual Report for FY23-24 and Attachment 5 Continuing Disclosure Report for FY22-23. GOALS AND OBJECTIVES: Page 4of5 Page 57 of 153 District Code 1 .05.020 Objectives: 1. Responsibly serve the public. 6. Manage the District in an effective, efficient and fiscally responsible manner. District Code 1 .05.030 Goals: 1. Manage for Financial Stability and Resiliency 4. Take the best of private sector thinking to modernize the utility and add value to our communities. FISCAL IMPACT: There is no financial impact on Truckee Donner Public Utility District's Electric Utility or Water Utility, nor each utility's respective customers. For the CFD, receiving the Installment Amount of $1,235,370.50 would increase cash for the CFD, replenish the Reserve balance, and decrease accounts receivable. For the CFD, billed but not collected, penalties of $127,109.66 and interest of approximately $1,513,629.70 would not be collected. The probability of collecting said amounts with a current or future owner is considered very low. The Penalties and Interest amounts are recorded on a cash basis, so there would be no financial impact on CFD's current financial statements regarding Income and Expenses related to Penalties and Interest. Going forward, with the receipt of$1,235,370.50 and write-off of all past to current Penalties and Interest, the parcel can move forward with development/improvements to the parcel. With said development, the parcel's value increases, and the CFD retains full rights to foreclose on the parcel if the parcel becomes delinquent on special taxes. ATTACHMENTS: 1. Agreement APN 043-010-005-000 2. CFD 04-1 Grays Crossing Significant Event 9.1.24 Reserve Draw-To Client 3. Cal Gov Code § 53340 4. FY2324 CFD 04-1 Gray's Crossing Annual Report 5. FY2223 TDPUD CFD 04-1 Continuing Disclosure - To Client Page 5 of 5 Page 58 of 153 GRAY'S CROSSING AGREEMENT This GRAY'S CROSSING PARCEL AGREEMENT("Agreement")dated for reference purposes only as of November 6, 2024, is made by and between the Truckee Donner Public Utility District, a public utility district("District"), Siddiqui Family Partnership,LP("Owner"), and Soldier Creek ("Buyer"). District, Owner, and Buyer are collectively referred to herein as the "Parties". RECITALS A. Owner has entered into a binding purchase and sale agreement ("PSA") Buyer for that certain property located in the Town of Truckee ("Town"), County of Nevada, State of California,known as Assessor's Parcel Number(APN) 043-010-005-000 and described in Exhibit A attached hereto ("Property"). B. Such PSA would require Buyer at the close of escrow to assume all existing delinquent Mello-Roos special tax liabilities associated with Community Facilities District No. 04-1(Gray's Crossing) (the "CFD") and applicable to the Property. C. The District's Board of Directors, formed the CFD under the provisions of the Mello- Roos Community Facilities Act of 1982, as amended, being Chapter 2.5, Part 1, Division 2, Title 5, of the Government Code of the State of California. District is authorized to levy special taxes upon land within the CFD,including the Property,and has issued one or more series of bonds to provide financing for infrastructure and other public capital improvements to be owned and operated by District. D. On October 4, 2010, the District filed an action in the Nevada County Superior Court,Case No. T 10-4287C(the"Action"),foreclosing on the special tax lien against the property, obtaining a Judgment of Foreclosure and Order of Sale on August 2, 2011. The Judgment was amended on February 10, 2021, and the total amount of the Judgment was $4,847,428.40 ($1,778,672.30 for APN 043-010-005-000 and $3,068,756.10 for APN 043-010-007-000), which includes penalties and interest through that date. (the"Judgment Amount"). E. The District acknowledges that Buyer would not close escrow and acquire the Property but for the District's agreement to waive all applicable penalties and interest upon payment of the Principal Amount pursuant to the terms and conditions set forth below. NOW,THEREFORE,based on the terms and conditions herein set forth,the Parties agree as follows: AGREEMENT 1. Payment of Delinquencies and Forgiveness of Penalties and Interest. In accordance with Escrow Instructions provided to the escrow officer, at the close of the Escrow associated with Buyer's purchase of the Property, Buyer shall pay to District all amounts necessary to both (a) satisfy the judgment(s) obtained by or on behalf of the District related to the delinquent special taxes less the applicable penalties and interest associated therewith that are forgiven pursuant to the remainder of this Section 2 ("Principal Amount") and(b) any currently due special taxes, less applicable penalties and interest. Upon such payment, District shall immediately waive all applicable penalties and interest to the maximum extent permitted by law. As of October 31, 2024, the Principal Amount totals $ 1,235,370.50 and applicable penalties and interest that the District 1 4890-7218-2768v1/022925-0021 Page 59 of 153 agrees to waive, total $1,640,739.36. The Parties acknowledge that the Principal Amount as well as the applicable penalties and interest will increase before Buyer's payment pursuant to the terms and conditions of this Agreement. District hereby agrees that in exchange for Buyer's payment of the Principal Amount and any currently due special taxes, District shall waive all applicable penalties and interest accruing with respect to special taxes that were delinquent at the time of Buyer's acquisition of the Property until such time as the Principal Amount and any currently due special taxes are paid pursuant to the terms and conditions of this Agreement. Buyer hereby represents to District that as of the Effective Date, Buyer is not responsible for any portion of the delinquencies or applicable penalties and interest attributable thereto as described herein. 2. Satisfaction of Judgment. In consideration for the payment of the Principal Amount and the promises and covenants contained herein, within ten (10) business days of the receipt of the funds representing the total Principal Amount by the District, the District shall and record an Acknowledgment of Satisfaction of Judgment in the Nevada County Superior Court. 3. Representations and Warranties. A. Owner represents and warrants to the District that it and all affiliated and related entities, and their respective agents, officers, directors, shareholders, members, managers, employees, attorneys, insurers, subsidiaries, predecessors, successors, are unrelated and unaffiliated with Buyer. B. Buyer represents and warrants to the District that it and all affiliated and related entities, and their respective agents, officers, directors, shareholders,members,managers, employees, attorneys, insurers, subsidiaries,predecessors, successors, are unrelated and unaffiliated with Owner. 4. District Findings. By its approval of this Agreement, the Board of Directors of District hereby finds and determines that: (a) the waiver of all applicable penalties and interest described herein shall apply only to the Property and the special tax applicable to the Property that was delinquent at the time of the Buyer's acquisition of the Property; (b) such waiver shall only be available to the Property at such time as the Principal Amount and currently due special taxes and all other costs (excluding all applicable penalties and interest) are paid in full, which shall occur within the time periods described in Sections 6 below; (c) the Property will have been sold or otherwise transferred to new owners unrelated to the owner(s)responsible for the delinquencies as of the Effective Date; and (d) said waiver is in the best interest of the owners of the bonds in that it will result in the curing of a significant special tax delinquency and facilitate development of the Property thereby reducing the likelihood of future special tax delinquencies. 5. Limitations. Nothing contained in this Agreement is intended in any way to limit District's ability to continue to diligently pursue foreclosure proceedings until the delinquent special taxes applicable to the Property are paid. 6. Effective Date. This Agreement shall become effective upon the date of the last signature below. 7. Term. The term of this Agreement shall be six (6) months ("Term"),If the escrow associated with Buyer's purchase of the Property has not closed by the end of the Term and the District has not received payment of the Principal Amount, all Parties' obligations under the Agreement cease, other than those obligations that are specified to survive the Term. 4890-7218-2768v1/022925-0021 Page 60 of 153 8. Waiver. Waiver by a party of any of the covenants or agreements herein contained on the part of the other party to be kept or performed shall not be construed as constituting a waiver of the same or of any other covenant as to breach or default subsequently arising or as the waiver of a subsequent breach of any of the covenants hereunder. 9. Remedies Cumulative. The rights and remedies of each party under this Agreement are cumulative and not exclusive of any rights or remedies to which such party is entitled by law. The exercise by a party of any right or remedy under this Agreement or under applicable law will not preclude such party from exercising any other right or remedy under this Agreement or to which the Parties are entitled by law. 10. Binding on Heirs and Successors. This Agreement shall be binding on and shall inure to the benefit of the heirs, executors, administrators, successors and assigns of the Parties hereto. 11. Costs of Dispute. In the event of a dispute arising from or relating to the terms of this Agreement or the breach hereof,the party prevailing in such dispute shall be entitled to recover all expenses, including, without limitation, reasonable attorneys' fees and expenses, incurred in ascertaining such party's rights, in preparing to enforce, and in enforcing such party's rights under this Agreement, whether or not it was necessary for such party to institute adjudicatory proceedings. Expenses shall include but not be limited to, court costs as well as consultants' and experts' fees and costs. 12. Notices.Except as otherwise expressly provided by law,any and all notices or other communication required or permitted by this Agreement or by law to be served on or given to either party hereto by the other party hereto shall be in writing and shall be deemed duly served and given when personally delivered to the party to whom it is directed, sent by facsimile transmission, sent via electronic message to the party's email address(es) set forth below, or when deposited in the United States mail, first-class postage prepaid, addressed as follows. If not sent via electronic message originally, any notice or other communication must also be sent via electronic message to the party's email address(es) set forth below. District: Truckee Donner Public Utility District 11570 Donner Pass Rd., Truckee, CA 96161 Attn: Michael R. Salmon, Chief Financial Officer Email: michaelsalmon@tdpud.org Owner: Siddiqui Family Partnership, L.P. 1808 J Street, Sacramento, CA 95811 Attn: Javed T. Siddiqui, General Partner Email: Javed.Siddiqui@JTSEngineering.com Buyer: Soldier Creek LLC 951 Washington Blvd., Roseville, CA 95678 Attn: Dan Sauvageau Email: dan@danieldesignbuild.com 4890-7218-2768v1/022925-0021 Page 61 of 153 Either party may change their address for the purpose of this paragraph by giving written notice of such change to the other party in the manner provided in this paragraph. 13. Time. Time is of the essence of this Agreement and each and all of its provisions in which performance is a factor. 14. No Joint Venture or Partnership. Nothing contained in this Agreement is intended or should be construed to create a partnership or joint venture relationship between the Parties. 15. Entire Agreement. This instrument contains the entire agreement of the Parties relating to the rights granted and obligations assumed in this Agreement. Any oral representations or modifications concerning this instrument not contained herein shall be of no force or effect unless contained in a subsequent written modification signed by the party to be charged. 16. Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, but all of which,together, shall constitute but one and the same instrument. An electronic, digital, or facsimile signature shall be deemed an original signature. 17. Further Assurances. Each party agrees that it will execute and acknowledge such documents reasonably requested by the other to carry out the terms, purposes, and intent of this Agreement. 18. Governing Law. This Agreement shall be construed and interpreted in accordance with the laws of the State of California. 19. Interpretation. Notwithstanding the fact that one or more provisions of this Agreement may have been drafted by one of the Parties to this Agreement, such provisions shall be interpreted as though they were the product of a joint drafting effort and no provision shall be interpreted against a party on the ground that said party was solely or primarily responsible for drafting the language to be interpreted. 20. Exhibits and Recitals. The exhibits attached to this Agreement and the Recitals are made a part of this Agreement by this reference. The Parties hereto have executed this Agreement on the dates written opposite the signatures of the Parties below. [Signature Pages to Follow] 4890-7218-2768v1/022925-0021 Page 62 of 153 District TRUCKEE DONNER PUBLIC UTILITY DISTRICT, a Dated: , 2024 By: Its: Owner Dated: , 2024 By: Its: Buyer Dated: , 2024 By: Its: 4890-7218-2768v1/022925-0021 Page 63 of 153 Exhibit A Legal Description of Property Real property in the Town of Truckee,County of Nevada, State of California, described as follows: LOT D AS SHOWN ON THE MAP OF "GRAY'S CROSSING - PHASE 3" FILED IN THE OFFICE OF THE COUNTY RECORDER OF THE COUNTY OF NEVADA, STATE OF CALIFORNIA ON MAY 10, 2007 IN BOOK 8 OF SUBDIVISIONS, PAGE 168 APN: 043-010-005-000 4890-7218-2768v1/022925-0021 Page 64 of 153 TRUCKEE DONNER PUBLIC UTILITY DISTRICT Community Facilities District No. 04-1 (Gray's Crossing) Special Tax Bonds Series 2004 $1573757000 Dated: September 14, 2004 Series 2005 $1971557000 Dated: July 13, 2005 Nevada County, California Base CUSIP+: 897817 NOTICE OF SIGNIFICANT EVENT SEPTEMBER 1, 2024 W I LLDAN +Copyright,American Bankers Association. CUSIP data is provided by CUSIP Global Services(formerly known as CUSIP Service Bureau, a division of The McGraw-Hill Companies, Inc.), which is managed on behalf of the American Bankers Association by S&P Global Market Intelligence. This data is not intended to create a database and does not serve in any way as a substitute for the CUSIP service. The issuer takes no responsibility for the accuracy of such number. Page 65 of 153 1►Y W I LMAN LIST OF PARTICIPANTS TRUCKEE . . www.tdpud.org Michael Salmon DISTRICT Chief Financial Officer and Treasurer 11570 Donner Pass Road Truckee, California 96160 (530) 582-3959 ADMINISTRATION DISCLOSURE • DISSEMINATION Willdan Financial Services* UNDERWRITER Temecula, California 92590 (951) 587-3500 www.Willdan.com UBS Financial Services Inc. BOND COUNSEL Stradling Yocca Carlson & Rauth The Bank of New York Mellon Corporate Trust Los Angeles, California In its role as Disclosure Consultant and Dissemination Agent,Willdan Financial Services has not passed upon the accuracy, completeness or fairness of the statements contained herein. Page 66 of 153 W WI LLDAN L INTRODUCTION Pursuant to Official Statements dated August 31, 2004 and June 21, 2005, respectively, the Truckee Donner Public Utility District ("TDPUD") Community Facilities District No. 04-1 (Gray's Crossing) issued $15,375,000 Special Tax Bonds, Series 2004 ("Series 04 Bonds") and $19,155,000, Special Tax Bonds, Series 2005 ("Series 05 Bonds"), (collectively, the "Bonds"). The Bonds were issued to construct and acquire various public improvements needed with respect to the proposed development within TDPUD, Community Facilities District No. 04-1 ("District"), to fund the Reserve Account securing the Bonds, to fund capitalized interest on the Bonds and to pay costs of issuance of the Bonds. The Series 05 Bonds were issued on parity with the Series 04 Bonds. The District is located in Nevada County in the town of Truckee, California. Truckee lies just north of the Lake Tahoe Basin; however, due to its location, proximity and recreational orientation, it is identified as a Lake Tahoe community. Truckee is located on Interstate 80 near the California - Nevada State line. The District consists of approximately 757.2 gross acres and is located north of Interstate 80 in the eastern portion of the Town of Truckee, on both the east and the west sides of Highway 89. The District is developing into a mountain resort community that was originally planned at the time of formation to include 408 single-family lots, 89 freestanding cottages, 115 attached townhomes, 21 residential lofts, 40,700 square feet of commercial and community space, as well as on-site amenities. The development in the District is known as "Gray's Crossing." On August 20, 2019, the Town of Truckee Planning Commission approved a Tentative Map to re-subdivide the existing Final Map No. 02-007, called the Village at Gray's Crossing Phase I Subdivision Map, into seven commercial lots, three common space/open space lots, one right-of-way lot, 24 townhome lots, 21 condominiumized lofts, one fourplex lot with four condominiumized units, and associated easements and public improvements including realignment of the Class I trail, bus shelter on Edwin Way, and an offsite bus turnout on the south side of Henness Road. The Bonds are limited obligations of the District payable solely from Net Taxes pledged and from certain other amounts held in the Special Tax Fund pursuant to the Indenture. The faith and the credit of neither the District, TDPUD, the State of California nor any political subdivision thereof is pledged to the payment of the principal of, premium, if any, or interest of the bonds. The issuance of the Bonds shall not directly, indirectly or contingently obligate the District, TDPUD, the State of California or any political subdivision thereof to levy or pledge any form of taxation whatsoever other than the Special Taxes, or to make any appropriation for their payment other than from Net Taxes and from certain other amounts held in the Special Tax Fund. Securities and Exchange Commission ("SEC") Rule 15c-2-12 (the "Rule") requires that for tax-exempt financings after July 3, 1995, borrowing agencies are required to make certain annual and periodic reports, and disclose certain listed events if material. This Notice of Significant Event is being provided for the benefit of the holders of the Bonds. CFD 04-1 Gray's Crossing 1 Page 67 of 153 1VW1 LLDAN /Z NOTICE OF SIGNIFICANT EVENT- UNSCHEDULED DRAW ON DEBT SERVICE RESERVES On September 1, 2024, a draw on the Reserve Fund for $243,925.93 was performed in order to pay the September 1, 2024 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,967,007.50 on Series 2004 and Series 2005 Bonds. The remaining amount in the Reserve Fund as of September 2, 2024 will be approximately $1,872,822.83. The unscheduled draw is due to a consistently high delinquency rate in the District. The overall delinquency rate is approximately 15.46%. TDPUD is working with a Foreclosure Attorney to cure the delinquencies. Presently, nine (9) parcels are in a position to be forwarded to the Foreclosure Attorney once the Resolution has been passed by the board at a meeting scheduled on September 4, 2024. This Notice of Significant Event may contain information material to Bond owners and does not purport to contain all material information with respect to the Bonds or the financial condition of TDPUD or the District. The information set forth herein has been furnished by TDPUD and by sources, which are believed to be accurate and reliable but is not guaranteed as to accuracy or completeness. Statements contained in this Notice of Significant Event which involve estimates, forecasts, or other matters of opinion, whether or not expressly so described herein, are intended solely as such and are not to be construed as representations of fact. Further, the information and expressions of opinion contained herein are subject to change without notice and the delivery of this Notice of Significant Event Statement will not, under any circumstances, create any implication that there has been no change in the affairs of TDPUD or any other parties described herein. CFD 04-1 Gray's Crossing 2 Page 68 of 153 Cal Gov Code q 53340 Deering's California Codes are current through the 2024 Regular Session Ch 210 Deering's California Codes Annotated > GOVERNMENT CODE(§§ 1— 500000-500049) > Title 5 Local Agencies (Dies. 1 — 5) > Division 2 Cities, Counties, and Other Agencies (Pts. 1 — 3) > Part 1 Powers and Duties Common to Cities, Counties, and Other Agencies (Chs. 1— 14) > Chapter 2.5 The Mello-Roos Community Facilities Act of 1982 (Arts. 1— 6) > Article 4 Procedures for Levying (§§ 53340— 53344.4) § 53340. Levy of special tax (a) After a community facilities district has been created and authorized to levy specified special taxes pursuant to Article 2 (commencing with Section 53318), Article 3 (commencing with Section 53330), or Article 3.5 (commencing with Section 53339), the legislative body may, by ordinance, levy the special taxes at the rate and apportion them in the manner specified in the resolution adopted pursuant to Article 2 (commencing with Section 53318),Article 3 (commencing with Section 53330), or Article 3.5 (commencing with Section 53339). After creation of a community facilities district that includes territory proposed for annexation in the future by unanimous approval as described in subdivision (b)of Section 53339.3, the legislative body may, by ordinance, provide for the levy of special taxes on parcels that will be annexed to the community facilities district at the rate or rates to be approved unanimously by the owner or owners of each parcel or parcels to be annexed to the community facilities district and for apportionment and collection of the special taxes in the manner specified in the resolution of formation. (b) The legislative body may provide, by resolution, for the levy of the special tax in the current tax year or future tax years at the same rate or at a lower rate than the rate provided by the ordinance, if the resolution is adopted and a certified list of all parcels subject to the special tax levy including the amount of the tax to be levied on each parcel for the applicable tax year, is filed by the clerk or other official designated by the legislative body with the county auditor on or before the 10th day of August of that tax year. The clerk or other official designated by the legislative body may file the certified list after the 10th of August but not later than the 21st of August if the clerk or other official obtains prior written consent of the county auditor. (c) Properties or entities of the state, federal, or local governments shall, except for properties that a local agency is a landowner of within the meaning of subdivision (f)of Section 53317, or except as otherwise provided in Section 53317.3, be exempt from the special tax. In a community facilities district, or in an improvement area therein, in which the levy of a special tax is authorized by an ordinance adopted on or after January 1, 2020, a property receiving a welfare exemption under subdivision (g)of Section 214 of the Revenue and Taxation Code shall be exempt from the special tax unless debt is outstanding and the property was subject to the special tax prior to receiving the exemption, in which case the property shall remain subject to the special tax and the special tax shall be enforceable against the property. However, whether or not the resolution of formation that authorized creation of the district specified conditions under which the obligation to pay a special tax may be prepaid and permanently satisfied, the legislative body of the local agency that created the district may, by resolution, specify additional or different conditions under which the property receiving the welfare exemption may prepay and satisfy the obligation to pay the special tax. The conditions may be specified only if the legislative body of the local agency that created the district finds and determines that the prepayment arrangement will not, in and of itself, adversely affect the ability of the district to make scheduled payments on debt as such payments become due. No other properties or entities are exempt from the special tax unless the properties or entities are expressly exempted in the resolution of formation to establish a district adopted pursuant to Section 53325.1 or in a resolution of consideration to levy a new special tax or special taxes or to alter the rate or method of apportionment of an existing special tax as provided in Section 53334. Page 69 of 153 Cal Gov Code § 53340 (d) The proceeds of any special tax may only be used to pay, in whole or part, the cost of providing public facilities, services, and incidental expenses pursuant to this chapter. (e) The special tax shall be collected in the same manner as ordinary ad valorem property taxes are collected and shall be subject to the same penalties and the same procedure, sale, and lien priority in case of delinquency as is provided for ad valorem taxes, unless another procedure has been authorized in the resolution of formation establishing the district and adopted by the legislative body. (f) (1) Notwithstanding subdivision (e), the legislative body of the district may waive all or any specified portion of the delinquency penalties and redemption penalties if it makes all of the following determinations: (A) The waivers shall apply only to parcels delinquent at the time of the determination. (B) The waivers shall be available only with respect to parcels for which all past due and currently due special taxes and all other costs due are paid in full within a limited period of time specified in the determination. (C) The waivers shall be available only with respect to parcels sold or otherwise transferred to new owners unrelated to the owner responsible for the delinquency. (D) The waivers are in the best interest of the debtholders. (2) The charges with penalties to be waived shall be removed from the tax roll pursuant to Section 53356.2 and local administrative procedures, and any distributions made to the district prior to collection pursuant to Chapter 3 (commencing with Section 4701) of Part 8 of Division 1 of the Revenue and Taxation Code shall be repaid by the district prior to granting the waiver. (g) The tax collector may collect the special tax at intervals as specified in the resolution of formation, including intervals different from the intervals determining when the ordinary ad valorem property taxes are collected. The tax collector may deduct the reasonable administrative costs incurred in collecting the special tax. (h) All special taxes levied by a community facilities district shall be secured by the lien imposed pursuant to Section 3115.5 of the Streets and Highways Code. This lien shall be a continuing lien and shall secure each levy of special taxes. The lien of the special tax shall continue in force and effect until the special tax obligation is prepaid, permanently satisfied, and canceled in accordance with Section 53344 or until the special tax ceases to be levied by the legislative body in the manner provided in Section 53330.5. If any portion of a parcel is encumbered by a lien pursuant to this chapter, the entirety of the parcel shall be encumbered by that lien. History Added Stats 1982 ch 1451 § 1. Amended Stats 1984 ch 269 §26, effective July 3, 1984; Stats 1986 ch 1102 § 33, effective September 24, 1986; Stats 1987 ch 1440 5 8.5; Stats 1988 ch 1365 S 13; Stats 1989 ch 128 S 1, effective July 11, 1989; Stats 1991 ch 1110,�20(SB 682); Stats 1997 ch 946�2 (AB 1224); Stats 2007 ch 6706 91 (AB 373), effective January 1, 2008; Stats 2013 ch 219§ 6 (SB 692), effective January 1, 2014; Stats 2019 ch 665§ 1 AB( 1743), effective January 1, 2020; Stats 2020 ch 371 § 17(SB 1473), effective January 1, 2021. Deering's California Codes Annotated Copyright©2024 All rights reserved. End of Document Page 70 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) Fiscal Year 2023/24 Annual District Administration Report 27368 Via Industria Suite 200 Temecula,CA 92590 T 951.587.3500 1 800.755.6864 F 951.587.3510 1 888.326.6864 Property Tax Information Line T.866.807.6864 AO/W I L LDAN www.wilidan.com Page of *P/W I L L D' ANNUAL DISTRICT ADMINISTRATION O . FISCAL YEAR 2023/24 TRUCKEE DONNER PUD COMMUNITY - No. (GRAYvS - • -.i r � L �a repared . repared by TRUCKEE DONNER PUD WILLDAN FINANCIAL SERVICES 11570 Donner Pass Road 27368 Via Industria, Suite 200 Truckee, CA 96161 Temecula, CA 92590 T. (951) 587-3500 (800) 755-6864 F. (951) 587-3510 (888) 326-6864 Property Tax Information Line T. 866.807.6864 Page W I LLDAN TABLE OF CONTENTS This report provides a summary of the financial and administrative information for Community Facilities District No. 04-1 (Gray's Crossing) ("District") of the Truckee Donner PUD ("Public Utility District") and is organized in the following sections: INTRODUCTION A. FORMATION B. BOUNDARIES AND DEVELOPMENT SUMMARY C. BONDS D. FINANCED FACILITIES 1. LEVY SUMMARY OVERVIEW A. FISCAL YEAR 2023/24 LEVY AMOUNTS B. FISCAL YEAR 2023/24 HANDBILL AMOUNTS /I. FINANCIAL OBLIGATIONS A. FISCAL YEAR 2023/24 LEVY COMPONENTS B. PREPAYMENTS C. HISTORICAL BOND CALL SUMMARY III. DELINQUENCYAND FORECLOSURE STATUS A. DELINQUENCY SUMMARY B. FORECLOSURE COVENANT C. DELINQUENCY MANAGEMENT ACTIONS IV. SPECIAL TAX LEVY AND METHOD OF APPORTIONMENT A. RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX B. SPECIAL TAX SPREAD C. MAXIMUM ASSIGNED AND APPLIED SPECIAL TAX RATES D. APPLIED SPECIAL TAX PROGRESSION EXHIBITS EXHIBIT A: FISCAL YEAR 2023/24 CHARGE DETAIL REPORT EXHIBIT B: BOUNDARY DIAGRAM EXHIBIT C: DELINQUENCY SUMMARY EXHIBIT D: DEBT SERVICE SCHEDULE(S) EXHIBIT E: RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX Page 73 of 153 1IY W I LLDAN INTRODUCTION The information provided in this report is derived primarily from documents developed at the time the District was formed and from data provided by the Public Utility District or accessed through the Public Utility District. The information sources include the Rate and Method of apportionment, annual budget, debt service schedule(s) and special tax/assessment delinquency data. The development status, prepayments and historical information were accessed through the Public Utility District and/or the developer and are maintained by Willdan Financial Services. The Mello-Roos Community Facilities Act ("Act") of 1982 came about as a response to the lack of adequate financing for public capital facilities and services in the post-Proposition 13 era. State Legislators Mello and Roos sponsored this Bill, which was enacted into law by the California Legislature and is now Sections 53311 through 53368 of the California Government Code. The Act authorizes a local governmental agency, such as a school district or city, to form a Community Facilities District ("CFD") or ("District") within a defined set of boundaries for the purposes of providing public facilities and services. A CFD is formed for financing purposes only, and is governed by the agency that formed it. A. FORMATION On July 21, 2004, the Board of Directors formed the District by the adoption of Resolution No. 2004-30. The qualified electors within the District authorized the bonded indebtedness in the aggregate principal amount not to exceed $35,000,000 and approved the levy of the special tax in accordance with the rate and method of special tax. B. BOUNDARIES AND DEVELOPMENT SUMMARY The District consists of approximately 757.2 gross acres and is located north of Interstate 80 in the eastern portion of the Town of Truckee, California, on both the east and west sites of State Highway 89. The District has an irregular shape with mostly level topography with same gently sloping and undulating areas. The District was expected at the time of formation to be developed into a mountain resort community consisting of 408 single family lots, 89 single family freestanding cottages, 115 attached townhomes, 21 residential lofts, approximately 40,700 square feet of commercial space and various community space. On August 20, 2019, the Town of Truckee Planning Commission approved a Tentative Map to re-subdivide the existing Final Map No. 02-007, called the Village at Gray's Crossing Phase I Subdivision Map, into seven commercial lots, three common space/open space lots, one right-of-way lot, 24 townhome lots, 21 condominiumized lofts, one fourplex lot with four condominiumized units, and Truckee Donner PUD Page 11 Community Facilities District No. 04-1 (Gray's Crossing) November 2023 Page 74 of 153 1IY W I LLDAN associated easements and public improvements including realignment of the Class I trail, bus shelter on Edwin Way, and an offsite bus turnout on the south side of Henness Road. C. BONDS Pursuant to Official Statements dated August 31, 2004 and June 21, 2005, respectively, the District issued $15,375,000 Special Tax Bonds, Series 2004 ("Series 04 Bonds") and $19,155,000, Special Tax Bonds, Series 2005 ("Series 05 Bonds"), (collectively, the "Bonds"). The Bonds were issued to construct and acquire various public improvements needed with respect to the proposed development within the District to fund the Reserve Account securing the Bonds, to fund capitalized interest on the Bonds and to pay costs of issuance of the Bonds. The Bonds were issued on parity. D. FINANCED FACILITIES The Facilities authorized to be acquired by the District with the proceeds of the Bonds consist of various public improvements including water facilities, electrical facilities, sewer, roads, storm drains, natural gas facilities, power line relocation, highway improvements and fiber infrastructure. L LEVY SUMMARY OVERVIEW A. FISCAL YEAR 2023/24 LEVY AMOUNTS The following table summarizes the amounts levied (including hand billed/direct billed charges) for Fiscal Year 2022/23 for the District. ChargeParcel Count Amount 425 $3,032,769.68 B. FISCAL YEAR 2023/24 HANDBILL AMOUNTS The following table summarizes the amounts billed directly to the property owner rather than placed on the Secured Property Tax Roll, due to the tax-exempt status in Fiscal Year 2023/24 for the District. Parcel Count Charge Amount 0 $0.00 Truckee Donner PUD Page 12 Community Facilities District No. 04-1 (Gray's Crossing) November 2023 Page 75 of 153 1IY W I LLDAN IL FINANCIAL OBLIGATIONS A. FISCAL YEAR 2023/24 LEVY COMPONENTS The following table summarizes the financial obligations of the District. 2004 Principal $560,000.00 2004 Interest 663,680.00 2005 Principal 710,000.00 2005 Interest 730,335.00 Administrative Costs 99,190.85 Adjustments Applied to the Levy- Addition/(Credit) 269,566.37 Total • - Amount Levied $3,032,772.22 (1)Slight variance to actual"Charge Amount'in Section(1)(A)above due to rounding. FOR DETAILED INFORMATION REGARDING BOND(S) ISSUED FOR THIS DISTRICT, PLEASE REFER TO EXHIBIT D (DEBT SERVICE SCHEDULE) OF THIS REPORT. B. PREPAYMENTS During Fiscal Year 2022/23, there was one (1) parcel that prepaid their special tax/assessment obligation. APN Prepayment Total 019-890-001-000 $44,607.59 -Prepayment Total $44,607.59 (1) Total prepayment amount including but not limited to, reserve credit, redemption amount and premium, investment earnings and administrative fees. Truckee Donner PUD Page 13 Community Facilities District No. 04-1 (Gray's Crossing) November 2023 Page 76 of 153 W I LLDAN C. HISTORICAL BOND CALL SUMMARY The following table summarizes historical bond calls performed to date. Date of Call Bondissue Amount Source of Funds March 1, 2016 Series 2004 $20,000.00 Prepayments March 1 , 2016 Series 2005 25,000.00 Prepayments March 1 , 2018 Series 2004 45,000.00 Prepayments March 1 , 2018 Series 2005 55,000.00 Prepayments March 1 , 2019 Series 2004 30,000.00 Prepayments March 1 , 2019 Series 2005 40,000.00 Prepayments September 1, 2019 Series 2004 25,000.00 Prepayments September 1, 2019 Series 2005 35,000.00 Prepayments September 1, 2023 Series 2004 20,000.00 Prepayments September 1, 2023 Series 2005 25,000.00 Pre a ments Total Bond Call to Date $320,000.00 Ill. DELINQUENCYAND FORECLOSURE STATUS A. DELINQUENCY SUMMARY The following table summarizes delinquencies for the most recent fiscal year and the cumulative for all years with delinquencies as of September 25, 2023. Summary for Cumulative Summary for Most Recent Fiscal Year All Years with Delinquencies $562,167.45 F 19.16% $5,380,700.86 15.14% FOR A MORE COMPREHENSIVE SUMMARY, PLEASE SEE EXHIBIT C OF THIS REPORT. B. FORECLOSURE COVENANT The District covenants for the benefit of the Owners of the Bonds that it (i) will commence judicial foreclosure proceedings against all parcels owned by a property owner where the aggregate delinquent Special Taxes on such parcels is greater than $7,500 by the October 1 following the close of each Fiscal Year in which such Special Taxes were due and (ii) will commence judicial foreclosure proceedings against all parcels with delinquent Special Taxes by the October 1 following the close of each Fiscal Year in which it receives Special Taxes in an amount which is less than 95% of the total Special Tax levied for such Fiscal Year, and (iii) will diligently pursue such foreclosure proceedings until the delinquent Special Taxes are paid; provided that, notwithstanding the foregoing, the District Truckee Donner PUD Page 14 Community Facilities District No. 04-1 (Gray's Crossing) November 2023 Page 77 of 153 1IY W I LLDAN may elect to defer foreclosure proceedings on any parcel which is owned by a delinquent property owner whose property is not, in the aggregate, delinquent in the payment of Special Taxes for a period of three years or more or in an amount in excess of $12,000 so long as (1) the amount in the Reserve Account of the Special Tax Fund is at least equal to the Reserve Requirement, and (2) the District is not in default in the payment of the principal of or interest on the Bonds. The District may, but shall not be obligated to, advance funds from any source of legally available funds in order to maintain the Reserve Account of the Special Tax Fund at the Reserve Requirement or to avoid a default in payment on the Bonds. C. DELINQUENCY MANAGEMENT ACTIONS Willdan Financial Services has taken the initial steps toward foreclosure proceedings or reducing delinquencies by performing the following Delinquency Management Actions since July 1, 2022. Date Performed Number of Parcels Reminder Letter February 28, 2023 12 Reminder Letter June 7, 2023 17 Demand Letter June 7, 2023 14 SB1471 August 30, 2023 9 Strip Confirmation September 5, 2023 9 Request Removal from County Tax Roll September 5, 2023 9 IV. SPECIAL TAX LEVYAND METHOD OF APPORTIONMENT OF SPECIAL TAX The methodology employed to calculate and apportion the special tax is in accordance with the document entitled Rate and Method of Apportionment of Special Tax ("RMA"). The RMA is hereby referenced and summarized but not included in this report, however the official document can be requested and provided by the Public Utility District's special tax administrator Willdan Financial Services. A. RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX Pursuant to Section E of the RMA, commencing with Fiscal Year 2004/05 and for each following fiscal year, the Council shall determine the Special Tax Requirement and shall levy the Special Tax until the total Special Tax levy equals the Special Tax Requirement. (FOR DETAILED INFORMATION OF THE SPECIAL TAX REQUIREMENT, PLEASE REFER TO SECTION(ll) FINANCIAL OBLIGATIONS ABOVE). Truckee Donner PUD Page 15 Community Facilities District No. 04-1 (Gray's Crossing) November 2023 Page 78 of 153 1IY W I LLDAN The Special Tax shall be levied on each Assessor's Parcel of Developed, Single Family Detached Property or a Loft Unit up to 100% of the applicable Maximum Special Tax. If additional monies are needed to satisfy the Special Tax Requirement, the Special Tax shall be levied Proportionately on each Parcel of Developed Property within the CFD that is Non-Residential Property up to 100% of the Maximum Special Tax. If additional monies are needed to satisfy the Special Tax Requirement, the Special Tax shall be levied Proportionately on each Parcel of Developed Property within the CFD that is Golf Course Property up to 100% of the Maximum Special Tax. If additional monies are needed to satisfy the Special Tax Requirement after the first step has been completed, the Special Tax shall be levied Proportionately on each Assessor's Parcel of Undeveloped Property at up to 100% of the Maximum Special Tax for Undeveloped Property. Developed Property means for each fiscal year, the following: • for Single Family Detached Property, all parcels for which a Final Map was recorded to May 1 of the preceding Fiscal Year • for Single Family Attached Property, all parcels for which a building permit for new construction of a residential structure was issued prior to May 1 of the preceding Fiscal Year • for Golf Course Property, all Parcels that make up the Golf Course Property if the certificate of occupancy for the proshop or clubhouse associated with the golf course was issued at least twenty-four (24) months in advance of May 1 of the preceding Fiscal Year • For Non-Residential Property, all parcels for which a building permit for new construction of a non-residential structure (which may include Loft Units) was issued prior to May 1 of the preceding Fiscal Year Truckee Donner PUD Page 16 Community Facilities District No. 04-1 (Gray's Crossing) November 2023 Page 79 of 153 'O/VVILLDAN B. SPECIAL TAX SPREAD The following table summarizes the number of parcels in each land use classification according to its square footage as well as the Applied Special Tax Rate for each classification. Land Use Classification of Applied Special Dollars Parcels Tax Rate per Levied Unit Tax Zone 1 Less than 8,000 SF 0 $0.00 $0.00 8,000-12,000 SF 0 $0.00 0.00 12,001-14,000 SF 5 $4,079.06 20,395.30 14,001-16,000 SF 40 $4,224.74 168,989.60 16,001-18,000 SF 29 $4,370.42 126,742.18 18,001-20,000 SF 14 $4,516.10 63,225.40 20,001-22,000 SF 3 $4,661.78 13,985.34 Greater than 22,000 3 $4,807.46 14,422.38 Golf Course Property 3 $2,130.15 145,681.08 Special - 1 (1) 1 $8,595.18 8,595.18 Special - 2 (2) 1 $9,177.90 9,177.90 Zone 1 Total 99 $571,214.36 Tax Zone 2 Single Family Attached 16 $2,622.26 $41,956.16 Less than 8,000 SF 0 $0.00 0.00 8,000-12,000 SF 1 $4,916.74 4,916.72 12,001-14,000 SF 5 $5,098.84 25,494.10 14,001-16,000 SF 88 $5,280.94 464,722.72 16,001-18,000 SF 73 $5,463.04 398,801.92 18,001-20,000 SF 38 $5,645.14 214,515.32 20,001-22,000 SF 26 $5,827.24 151,508.24 Greater than 22,000 40 $6,009.35 240,373.60 Golf Course Property 3 $706.88 145,681.08 Zone 2 Total 290 $1,687,969.86 Undeveloped Undeveloped 36 $17,553.56 773,585.46 Total 425 3,032,769.68 (1)The Special-1 Land Use Classification consists of 2 combined lots.One lot is in the 14,001-16,000 SF category and one lot is in the 16,001-18,000 SF category. (2)The Special—2 Land Use Classification consists of 2 combined lots.One lot is in the 18,001-20,000 SF category and one lot is in the 20,001-22,000 SF category. Truckee Donner PUD Page 17 Community Facilities District No. 04-1 (Gray's Crossing) November 2023 Page 80 of 153 11Y 1N I LLDAN C. MAXIMUM ASSIGNED AND APPLIED SPECIAL TAX RATES The following table summarizes the percent of the Applied Special Tax to the Maximum Assigned Special Tax rate. AssignedMaximum Land Use Classification . . Special Maximum Special Tax Rate Tax Rate Tax Zone 1 Less than 8,000 SF $2,622.26 $0.00 0.00% 8,000-12,000 SF $3,933.39 $0.00 0.00% 12,001-14,000 SF $4,079.07 $4,079.06 100.00% 14,001-16,000 SF $4,224.75 $4,224.74 100.00% 16,001-18,000 SF $4,370.43 $4,370.42 100.00% 18,001-20,000 SF $4,516.11 $4,516.10 100.00% 20,001-22,000 SF $4,661 .80 $4,661 .78 100.00% Greater than 22,000 $4,807.48 $4,807.46 100.00% Golf Course Property $2,130.15 $2,130.15 100.00% Special - 1 (2) $8,595.19 $8,595.18 100.00% Special - 2 (3) $9,177.91 $9,177.90 100.00% Tax Zone 2 Single Family Attached $2,622.26 $2,622.26 100.00% Less than 8,000 SF $2,622.26 $0.00 100.00% 8,000-12,000 SF $4,916.74 $4,916.74 100.00% 12,001-14,000 SF $5,098.84 $5,098.84 100.00% 14,001-16,000 SF $5,280.94 $5,280.94 100.00% 16,001-18,000 SF $5,463.04 $5,463.04 100.00% 18,001-20,000 SF $5,645.14 $5,645.14 100.00% 20,001-22,000 SF $5,827.24 $5,827.24 100.00% Greater than 22,000 $6,009.35 $6,009.35 100.00% Golf Course Property $706.88 $706.88 100.00% Undeveloped Undeveloped $25,494.20 $17,553.56 68.85% (1) Based on the Rate and Method of Apportionment, the maximum assigned special tax rates have been escalated by two percent(2.00%)over the prior fiscal year. (2)The Special- 1 Land Use Classification consists of 2 combined lots. One lot is in the 14,001-16,000 SF category and one lot is in the 16,001-18,000 SF category. (3)The Special—2 Land Use Classification consists of 2 combined lots. One lot is in the 18,001-20,000 SF category and one lot is in the 20,001-22,000 SF category. Truckee Donner PUD Page 18 Community Facilities District No. 04-1 (Gray's Crossing) November 2023 Page 81 of 153 W I LLDAN D. APPLIED SPECIAL TAX PROGRESSION The following table summarizes the percent change of Fiscal Year 2023/24 Applied Special Tax Rate as compared to Fiscal Year 2022/23 Applied Special Tax Rate. AppliedLand Use Applied Change from SpecialClassification Special i Tax Rate Tax Rate Tax Zone 1 Less than 8,000 SF $0.00 $0.00 N/A 8,000-12,000 SF $0.00 $0.00 N/A 12,001-14,000 SF $4,079.06 $3,999.08 2.00% 14,001-16,000 SF $4,224.74 $4,141.90 2.00% 16,001-18,000 SF $4,370.42 $4,284.72 2.00% 18,001-20,000 SF $4,516.10 $4,427.56 2.00% 20,001-22,000 SF $4,661.78 $4,570.38 2.00% Greater than 22,000 $4,807.46 $4,713.20 2.00% Golf Course Property $2,130.15 $2,088.38 2.00% Special - 1 (1) $8,595.18 $8,426.64 2.00% Special - 2 (2) $9,177.90 $8,997.94 2.00% Tax Zone 2 Single Family Attached $2,622.26 $2,570.84 2.00% Less than 8,000 SF $0.00 $0.00 N/A 8,000-12,000 SF $4,916.74 $4,820.32 2.00% 12,001-14,000 SF $5,098.84 $4,998.86 2.00% 14,001-16,000 SF $5,280.94 $5,177.38 2.00% 16,001-18,000 SF $5,463.04 $5,355.92 2.00% 18,001-20,000 SF $5,645.14 $5,534.44 2.00% 20,001-22,000 SF $5,827.24 $5,712.98 2.00% Greater than 22,000 $6,009.35 $5,891.50 2.00% Golf Course Property $706.88 $693.02 2.00% Undeveloped Undeveloped i M $16,184.08 8.46% (1)The Special-1 Land Use Classification consists of 2 combined lots.One lot is in the 14,001-16,000 SF category and one lot is in the 16,001-18,000 SF category. (2)The Special—2 Land Use Classification consists of 2 combined lots.One lot is in the 18,001-20,000 SF category and one lot is in the 20,001-22,000 SF category. Truckee Donner PUD Page 19 Community Facilities District No. 04-1 (Gray's Crossing) November 2023 Page 82 of 153 1IY W l LLDAN EXHIBIT A TRUCKEE DONNER PUD COMMUNITY FACILITIES DISTRICT NO. 04-1 (GRAYS CROSSING Fiscal Year 2023124 Charge Detail Report Page 83 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) Charge Detail Report(Sorted by Assessor's Parcel Number) Assessor's Parcel Situs Address Land Assessed Structure Total Assessed Zone Lot Category Max Tax 2023/24 Total Number Value Assessed Value Value Charge 019-370-041-000 NO SITUS AVAILABLE $158,684.00 $41,814.00 $200,498.00 2 Golf Course $43,939.73 $43,939.72 019-770-002-000 11163 CHINA CAMP RD 656,986.00 0.00 656,986.00 2 Undeveloped 376,294.33 259,090.70 019-770-003-000 11054 CHINA CAMP RD 288,000.00 0.00 288,000.00 1 "16,001-18,000" 4,370.43 4,370.42 019-770-004-000 11072 CHINA CAMP RD 324,300.00 0.00 324,300.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-005-000 11092 CHINA CAMP RD 294,854.00 884,565.00 1,179,419.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-006-000 11106 CHINA CAMP RD 187,272.00 0.00 187,272.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-007-000 11122 CHINA CAMP RD 125,768.00 1,208,478.00 1,334,246.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-008-000 11140 CHINA CAMP RD 103,962.00 1,236,040.00 1,340,002.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-009-000 11160 CHINA CAMP RD 234,090.00 0.00 234,090.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-010-000 11184 CHINA CAMP RD 105,117.00 835,686.00 940,803.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-011-000 11208 CHINA CAMP RD 125,768.00 1,148,327.00 1,274,095.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-012-000 11226 CHINA CAMP RD 234,090.00 1,477,368.00 1,711,458.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-013-000 11242 CHINA CAMP RD 182,070.00 0.00 182,070.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-014-000 11229 CHINA CAMP RD 156,060.00 1,913,087.00 2,069,147.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-015-000 11209 CHINA CAMP RD 85,842.00 842,216.00 928,058.00 1 "14,001-16,000" 4,224.75 4,224.74 019-770-016-000 11125 CHINA CAMP RD 30,176.00 0.00 30,176.00 1 "12,001-14,000" 4,079.07 4,079.06 019-770-017-000 11101 CHINA CAMP RD 145,656.00 0.00 145,656.00 1 "12,001-14,000" 4,079.07 4,079.06 019-770-018-000 11083 CHINA CAMP RD 113,400.00 0.00 113,400.00 1 "12,001-14,000" 4,079.07 4,079.06 019-780-001-000 11258 CHINA CAMP RD 70,801.00 861,995.00 932,796.00 1 "16,001-18,000" 4,370.43 4,370.42 019-780-002-000 11274 CHINA CAMP RD 33,728.00 0.00 33,728.00 1 "16,001-18,000" 4,370.43 4,370.42 019-780-003-000 11290 CHINA CAMP RD 228,888.00 1,430,550.00 1,659,438.00 1 "16,001-18,000" 4,370.43 4,370.42 019-780-004-000 11306 CHINA CAMP RD 260,100.00 0.00 260,100.00 1 "16,001-18,000" 4,370.43 4,370.42 019-780-005-000 11312 CHINA CAMP RD 283,200.00 1,440,000.00 1,723,200.00 1 "20,001-22,000" 4,661.80 4,661.78 019-780-006-000 11636 COBURN DR 380,700.00 0.00 380,700.00 1 "16,001-18,000" 4,370.43 4,370.42 019-780-007-000 10701 LABELLE CT 131,236.00 1,066,303.00 1,197,539.00 1 "Greater than 22,000" 4,807.48 4,807.46 019-780-008-000 10751 LABELLE CT 118,112.00 0.00 118,112.00 1 "18,001-20,000" 4,516.11 4,516.10 019-780-009-000 10769 LABELLE CT 156,060.00 0.00 156,060.00 1 "16,001-18,000" 4,370.43 4,370.42 019-780-010-000 10789 LABELLE CT 132,174.00 1,477,781.00 1,609,955.00 1 "18,001-20,000" 4,516.11 4,516.10 019-780-011-000 10801 LABELLE CT 109,565.00 0.00 109,565.00 1 "14,001-16,000" 4,224.75 4,224.74 019-780-012-000 10811 LABELLE CT 85,335.00 0.00 85,335.00 1 "16,001-18,000" 4,370.43 4,370.42 019-780-014-000 10800 LABELLE CT 160,829.00 1,393,861.00 1,554,690.00 1 "16,001-18,000" 4,370.43 4,370.42 019-780-015-000 10788 LABELLE CT 235,000.00 1,207,900.00 1,442,900.00 1 "18,001-20,000" 4,516.11 4,516.10 019-780-016-000 10768 LABELLE CT 131,396.00 1,445,369.00 1,576,765.00 1 "16,001-18,000" 4,370.43 4,370.42 019-780-017-000 10750 LABELLE CT 96,714.00 0.00 96,714.00 1 "18,001-20,000" 4,516.11 4,516.10 019-780-018-000 11756 COBURN DR 104,065.00 0.00 104,065.00 1 "18,001-20,000" 4,516.11 4,516.10 019-780-019-000 11330 CHINA CAMP RD 106,300.00 0.00 106,300.00 1 "16,001-18,000" 4,370.43 4,370.42 019-780-020-000 11352 CHINA CAMP RD 137,853.00 0.00 137,853.00 1 "18,001-20,000" 4,516.11 4,516.10 019-780-021-000 11400 CHINA CAMP RD 136,704.00 1,178,982.00 1,315,686.00 1 "16,001-18,000" 4,370.43 4,370.42 019-780-022-000 11417 CHINA CAMP RD 119,125.00 0.00 119,125.00 1 "14,001-16,000" 4,224.75 4,224.74 019-780-023-000 11397 CHINA CAMP RD 161,262.00 1,206,864.00 1,368,126.00 1 "14,001-16,000" 4,224.75 4,224.74 019-780-024-000 11383 CHINA CAMP RD 109,321.00 0.00 109,321.00 1 "14,001-16,000" 4,224.75 4,224.74 019-780-025-000 11365 CHINA CAMP RD 245,000.00 1,225,000.00 1,470,000.00 1 "14,001-16,000" 4,224.75 4,224.74 019-780-026-000 11349 CHINA CAMP RD 120,299.00 0.00 120,299.00 1 "14,001-16,000" 4,224.75 4,224.74 019-780-027-000 11333 CHINA CAMP RD 36,939.00 942,039.00 978,978.00 1 "14,001-16,000" 4,224.75 4,224.74 019-780-028-000 11315 CHINA CAMP RD 64,673.00 961,205.00 1,025,878.00 1 "14,001-16,000" 4,224.75 4,224.74 019-780-029-000 11301 CHINA CAMP RD 171,500.00 0.00 171,500.00 1 "16,001-18,000" 4,370.43 4,370.42 Willdan Financial Services Page 1 of 10 Page 84 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) Charge Detail Report(Sorted by Assessor's Parcel Number) Assessor's Parcel Situs Address Land Assessed Structure Total Assessed Zone Lot Category Max Tax 2023/24 Total Number Value Assessed Value Value Charge 019-790-002-000 11569 CHINA CAMP RD 26,554.00 0.00 26,554.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-003-000 11555 CHINA CAMP RD 33,800.00 0.00 33,800.00 1 "16,001-18,000" 4,370.43 4,370.42 019-790-004-000 11539 CHINA CAMP RD 54,268.00 1,142,400.00 1,196,668.00 1 "16,001-18,000" 4,370.43 4,370.42 019-790-005-000 11523 CHINA CAMP RD 26,626.00 0.00 26,626.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-006-000 11509 CHINA CAMP RD 182,070.00 1,481,529.00 1,663,599.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-007-000 11493 CHINA CAMP RD 161,262.00 0.00 161,262.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-008-000 11471 CHINA CAMP RD 113,400.00 0.00 113,400.00 1 "20,001-22,000" 4,661.80 4,661.78 019-790-009-000 11464 CHINA CAMP RD 34,476.00 0.00 34,476.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-010-000 11478 CHINA CAMP RD 157,676.00 1,119,504.00 1,277,180.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-011-000 11516 CHINA CAMP RD 117,127.00 1,695,587.00 1,812,714.00 1 "18,001-20,000" 4,516.11 4,516.10 019-790-012-000 11574 CHINA CAMP RD 120,600.00 0.00 120,600.00 1 "18,001-20,000" 4,516.11 4,516.10 019-790-013-000 11608 CHINA CAMP RD 105,117.00 1,287,692.00 1,392,809.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-014-000 11628 CHINA CAMP RD 117,941.00 1,312,374.00 1,430,315.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-015-000 11644 CHINA CAMP RD 392,000.00 1,764,000.00 2,156,000.00 1 "16,001-18,000" 4,370.43 4,370.42 019-790-016-000 11759 COBURN DR 253,000.00 0.00 253,000.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-017-000 11729 COBURN DR 106,300.00 0.00 106,300.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-018-000 11711 COBURN DR 85,753.00 2,000,000.00 2,085,753.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-019-000 11671 COBURN DR 106,300.00 0.00 106,300.00 1 "Greater than 22,000" 4,807.48 4,807.46 019-790-020-000 11422 CHINA CAMP RD 34,476.00 0.00 34,476.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-021-000 11436 CHINA CAMP RD 123,807.00 0.00 123,807.00 1 "14,001-16,000" 4,224.75 4,224.74 019-790-022-000 10576 BRICKELL CT 107,521.00 0.00 107,521.00 1 "18,001-20,000" 4,516.11 4,516.10 019-790-023-000 10573 BRICKELL CT 199,756.00 0.00 199,756.00 1 "18,001-20,000" 4,516.11 4,516.10 019-790-024-000 10567 BRICKELL CT 244,400.00 0.00 244,400.00 1 "16,001-18,000" 4,370.43 4,370.42 019-790-025-000 10551 BRICKELL CT 26,554.00 0.00 26,554.00 1 "16,001-18,000" 4,370.43 4,370.42 019-790-026-000 10541 BRICKELL CT 142,534.00 0.00 142,534.00 1 "12,001-14,000" 4,079.07 4,079.06 019-790-027-000 10529 BRICKELL CT 120,299.00 1,106,153.00 1,226,452.00 1 "16,001-18,000" 4,370.43 4,370.42 019-800-001-000 11762 COBURN DR 80,382.00 0.00 80,382.00 1 "18,001-20,000" 4,516.11 4,516.10 019-800-002-000 11728 CHINA CAMP RD 252,900.00 0.00 252,900.00 1 "14,001-16,000" 4,224.75 4,224.74 019-800-003-000 11746 CHINA CAMP RD 36,939.00 886,623.00 923,562.00 1 "14,001-16,000" 4,224.75 4,224.74 019-800-004-000 11768 CHINA CAMP RD 145,016.00 1,461,328.00 1,606,344.00 1 "16,001-18,000" 4,370.43 4,370.42 019-800-005-000 11776 CHINA CAMP RD 85,335.00 0.00 85,335.00 1 "12,001-14,000" 4,079.07 4,079.06 019-800-008-000 11759 CHINA CAMP RD 463,587.00 1,010,005.00 1,473,592.00 1 "16,001-18,000" 4,370.43 4,370.42 019-800-009-000 11737 CHINA CAMP RD 111,300.00 808,623.00 919,923.00 1 "16,001-18,000" 4,370.43 4,370.42 019-800-010-000 11719 CHINA CAMP RD 103,895.00 0.00 103,895.00 1 "14,001-16,000" 4,224.75 4,224.74 019-800-011-000 11699 CHINA CAMP RD 175,827.00 0.00 175,827.00 1 "14,001-16,000" 4,224.75 4,224.74 019-800-012-000 11820 COBURN DR 53,258.00 0.00 53,258.00 1 "20,001-22,000" 4,661.80 4,661.78 019-800-015-000 11874 COBURN DR 286,110.00 1,425,348.00 1,711,458.00 1 "18,001-20,000" 4,516.11 4,516.10 019-800-016-000 11900 COBURN DR 86,194.00 952,801.00 1,038,995.00 1 "16,001-18,000" 4,370.43 4,370.42 019-800-017-000 11910 COBURN DR 240,000.00 2,832,000.00 3,072,000.00 1 "16,001-18,000" 4,370.43 4,370.42 019-800-020-000 11893 COBURN DR 139,716.00 1,994,100.00 2,133,816.00 1 "18,001-20,000" 4,516.11 4,516.10 019-800-021-000 11881 COBURN DR 274,400.00 0.00 274,400.00 1 "16,001-18,000" 4,370.43 4,370.42 019-800-022-000 11863 COBURN DR 131,236.00 1,290,500.00 1,421,736.00 1 "14,001-16,000" 4,224.75 4,224.74 019-800-023-000 11851 COBURN DR 74,990.00 1,492,673.00 1,567,663.00 1 "14,001-16,000" 4,224.75 4,224.74 019-800-024-000 11835 COBURN DR 84,325.00 0.00 84,325.00 1 "14,001-16,000" 4,224.75 4,224.74 019-800-025-000 11657 CHINA CAMP RD 166,464.00 0.00 166,464.00 1 "18,001-20,000" 4,516.11 4,516.10 019-800-026-000 11631 CHINA CAMP RD 87,490.00 0.00 87,490.00 1 "16,001-18,000" 4,370.43 4,370.42 Willdan Financial Services Page 2 of 10 Page 85 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) Charge Detail Report(Sorted by Assessor's Parcel Number) Assessor's Parcel Situs Address Land Assessed Structure Total Assessed Zone Lot Category Max Tax 2023/24 Total Number Value Assessed Value Value Charge 019-800-027-000 11607 CHINA CAMP RD 49,623.00 0.00 49,623.00 1 "16,001-18,000" 4,370.43 4,370.42 019-800-028-000 11585 CHINA CAMP RD 288,000.00 2,256,000.00 2,544,000.00 1 "16,001-18,000" 4,370.43 4,370.42 019-800-029-000 11660 CHINA CAMP RD 120,539.00 1,565,413.00 1,685,952.00 1 "16,001-18,000" 4,370.43 4,370.42 019-800-030-000 11777 CHINA CAMP RD 307,757.00 1,352,520.00 1,660,277.00 1 "Greater than 22,000" 4,807.48 4,807.46 019-800-031-000 11830 COBURN DR 360,698.00 0.00 360,698.00 1 Special-1 (2 Lots,14-16K&16-18K) 8,595.19 8,595.18 019-800-032-000 11919 COBURN DR 286,629.00 1,694,055.00 1,980,684.00 1 Special-2(2 Lots 18-20K&20-22K) 9,177.91 9,177.90 019-840-001-000 11710 BOTTCHER LP 70,690.00 0.00 70,690.00 2 "16,001-18,000" 5,463.04 5,463.04 019-840-002-000 11690 BOTTCHER LP 239,100.00 0.00 239,100.00 2 "16,001-18,000" 5,463.04 5,463.04 019-840-003-000 11670 BOTTCHER LP 230,400.00 0.00 230,400.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-004-000 11685 KELLEY DR 105,117.00 1,524,208.00 1,629,325.00 2 "16,001-18,000" 5,463.04 5,463.04 019-840-005-000 11695 KELLEY DR 102,999.00 0.00 102,999.00 2 "12,001-14,000" 5,098.84 5,098.82 019-840-006-000 11705 KELLEY DR 59,546.00 0.00 59,546.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-007-000 11715 KELLEY DR 107,219.00 1,393,861.00 1,501,080.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-008-000 11735 KELLEY DR 199,756.00 0.00 199,756.00 2 "16,001-18,000" 5,463.04 5,463.04 019-840-009-000 11784 KELLEY DR 111,550.00 1,165,716.00 1,277,266.00 2 "16,001-18,000" 5,463.04 5,463.04 019-840-010-000 11764 KELLEY DR 156,060.00 1,841,508.00 1,997,568.00 2 "16,001-18,000" 5,463.04 5,463.04 019-840-011-000 11744 KELLEY DR 260,100.00 1,976,760.00 2,236,860.00 2 "16,001-18,000" 5,463.04 5,463.04 019-840-012-000 11724 KELLEY DR 96,714.00 0.00 96,714.00 2 "18,001-20,000" 5,645.14 5,645.14 019-840-013-000 11704 KELLEY DR 147,916.00 1,496,243.00 1,644,159.00 2 "18,001-20,000" 5,645.14 5,645.14 019-840-014-000 11684 KELLEY DR 260,100.00 1,560,600.00 1,820,700.00 2 "18,001-20,000" 5,645.14 5,645.14 019-840-015-000 11664 KELLEY DR 228,888.00 1,269,288.00 1,498,176.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-016-000 11650 BOTTCHER LP 171,666.00 0.00 171,666.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-017-000 11630 BOTTCHER LP 414,000.00 0.00 414,000.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-018-000 11610 BOTTCHER LP 269,500.00 1,372,000.00 1,641,500.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-019-000 11590 BOTTCHER LP 297,600.00 1,536,000.00 1,833,600.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-020-000 11570 BOTTCHER LP 127,066.00 0.00 127,066.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-021-000 11550 BOTTCHER LP 260,100.00 1,690,650.00 1,950,750.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-022-000 11530 BOTTCHER LP 260,100.00 1,173,571.00 1,433,671.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-023-000 11521 BOTTCHER LP 182,070.00 1,560,600.00 1,742,670.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-024-000 11541 BOTTCHER LP 74,435.00 1,383,377.00 1,457,812.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-025-000 11561 BOTTCHER LP 336,000.00 0.00 336,000.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-026-000 11581 BOTTCHER LP 147,164.00 0.00 147,164.00 2 "16,001-18,000" 5,463.04 5,463.04 019-840-027-000 11621 BOTTCHER LP 156,172.00 1,489,216.00 1,645,388.00 2 "16,001-18,000" 5,463.04 5,463.04 019-840-028-000 11641 BOTTCHER LP 303,600.00 0.00 303,600.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-029-000 11651 BOTTCHER LP 312,800.00 0.00 312,800.00 2 "14,001-16,000" 5,280.94 5,280.94 019-840-030-000 11675 KELLEY DR 49,251.00 1,108,281.00 1,157,532.00 2 "18,001-20,000" 5,645.14 5,645.14 019-850-002-000 11411 GHIRARD RD 372,600.00 0.00 372,600.00 2 "16,001-18,000" 5,463.04 5,463.04 019-850-003-000 11431 GHIRARD RD 368,000.00 2,116,000.00 2,484,000.00 2 "16,001-18,000" 5,463.04 5,463.04 019-850-004-000 11451 GHIRARD RD 294,000.00 2,028,600.00 2,322,600.00 2 "16,001-18,000" 5,463.04 5,463.04 019-850-005-000 11471 GHIRARD RD 289,073.00 1,492,673.00 1,781,746.00 2 "16,001-18,000" 5,463.04 5,463.04 019-850-006-000 11491 GHIRARD RD 468,180.00 1,602,216.00 2,070,396.00 2 "16,001-18,000" 5,463.04 5,463.04 019-850-007-000 11511 GHIRARD RD 172,904.00 1,359,728.00 1,532,632.00 2 "16,001-18,000" 5,463.04 5,463.04 019-850-008-000 11510 BOTTCHER LP 54,324.00 847,165.00 901,489.00 2 "16,001-18,000" 5,463.04 5,463.04 019-850-009-000 11490 BOTTCHER LP 318,500.00 2,058,000.00 2,376,500.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-010-000 11470 BOTTCHER LP 181,431.00 1,187,830.00 1,369,261.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-011-000 11450 BOTTCHER LP 164,045.00 1,432,674.00 1,596,719.00 2 "14,001-16,000" 5,280.94 5,280.94 Willdan Financial Services Page 3 of 10 Page 86 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) Charge Detail Report(Sorted by Assessor's Parcel Number) Assessor's Parcel Situs Address Land Assessed Structure Total Assessed Zone Lot Category Max Tax 2023/24 Total Number Value Assessed Value Value Charge 019-850-012-000 11430 BOTTCHER LP 329,000.00 0.00 329,000.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-013-000 11410 BOTTCHER LP 158,624.00 1,348,464.00 1,507,088.00 2 "16,001-18,000" 5,463.04 5,463.04 019-850-014-000 11481 BOTTCHER LP 282,000.00 2,538,000.00 2,820,000.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-015-000 11501 BOTTCHER LP 299,000.00 0.00 299,000.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-016-000 11624 KELLEY DR 164,383.00 0.00 164,383.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-017-000 11604 KELLEY DR 161,262.00 0.00 161,262.00 2 "20,001-22,000" 5,827.24 5,827.24 019-850-018-000 11584 KELLEY DR 423,000.00 0.00 423,000.00 2 "16,001-18,000" 5,463.04 5,463.04 019-850-019-000 11564 KELLEY DR 148,800.00 0.00 148,800.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-020-000 11544 KELLEY DR 145,656.00 1,144,440.00 1,290,096.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-021-000 11524 KELLEY DR 78,030.00 1,732,266.00 1,810,296.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-022-000 11520 GHIRARD RD 322,000.00 2,140,800.00 2,462,800.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-023-000 11500 GHIRARD RD 297,600.00 0.00 297,600.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-024-000 11480 GHIRARD RD 174,982.00 1,164,732.00 1,339,714.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-025-000 11460 GHIRARD RD 166,669.00 1,356,120.00 1,522,789.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-026-000 11440 GHIRARD RD 180,858.00 1,397,400.00 1,578,258.00 2 "14,001-16,000" 5,280.94 5,280.94 019-850-027-000 11420 GHIRARD RD 131,396.00 0.00 131,396.00 2 "16,001-18,000" 5,463.04 5,463.04 019-860-002-000 11191 GHIRARD RD 227,676.00 755,000.00 982,676.00 2 "18,001-20,000" 5,645.14 5,645.14 019-860-003-000 11261 GHIRARD RD 264,412.00 440,000.00 704,412.00 2 "20,001-22,000" 5,827.24 5,827.24 019-860-004-000 11251 GHIRARD RD 416,160.00 2,027,739.00 2,443,899.00 2 "18,001-20,000" 5,645.14 5,645.14 019-860-005-000 11291 GHIRARD RD 494,190.00 1,743,710.00 2,237,900.00 2 "18,001-20,000" 5,645.14 5,645.14 019-860-006-000 11311 GHIRARD RD 384,000.00 2,971,200.00 3,355,200.00 2 "18,001-20,000" 5,645.14 5,645.14 019-860-007-000 11331 GHIRARD RD 305,576.00 1,426,028.00 1,731,604.00 2 "16,001-18,000" 5,463.04 5,463.04 019-860-008-000 11371 GHIRARD RD 256,567.00 1,627,758.00 1,884,325.00 2 "18,001-20,000" 5,645.14 5,645.14 019-860-009-000 11391 GHIRARD RD 490,000.00 2,450,000.00 2,940,000.00 2 "18,001-20,000" 5,645.14 5,645.14 019-860-010-000 11400 GHIRARD RD 202,878.00 0.00 202,878.00 2 "14,001-16,000" 5,280.94 5,280.94 019-860-011-000 11380 GHIRARD RD 115,283.00 1,196,446.00 1,311,729.00 2 "14,001-16,000" 5,280.94 5,280.94 019-860-012-000 11360 GHIRARD RD 388,800.00 0.00 388,800.00 2 "14,001-16,000" 5,280.94 5,280.94 019-860-013-000 11340 GHIRARD RD 160,829.00 1,902,632.00 2,063,461.00 2 "14,001-16,000" 5,280.94 5,280.94 019-860-014-000 11320 GHIRARD RD 182,070.00 1,753,074.00 1,935,144.00 2 "14,001-16,000" 5,280.94 5,280.94 019-860-015-000 11300 GHIRARD RD 136,651.00 1,603,046.00 1,739,697.00 2 "14,001-16,000" 5,280.94 5,280.94 019-860-016-000 11280 GHIRARD RD 82,279.00 820,173.00 902,452.00 2 "14,001-16,000" 5,280.94 5,280.94 019-860-017-000 11260 GHIRARD RD 276,000.00 1,840,000.00 2,116,000.00 2 "16,001-18,000" 5,463.04 5,463.04 019-860-018-000 11240 GHIRARD RD 141,272.00 1,187,830.00 1,329,102.00 2 "16,001-18,000" 5,463.04 5,463.04 019-860-019-000 11220 GHIRARD RD 125,768.00 0.00 125,768.00 2 "16,001-18,000" 5,463.04 5,463.04 019-860-020-000 11200 GHIRARD RD 163,100.00 - 163,100.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-002-000 11531 GHIRARD RD 384,000.00 2,452,800.00 2,836,800.00 2 "18,001-20,000" 5,645.14 5,645.14 019-870-003-000 11551 GHIRARD RD 262,473.00 1,569,381.00 1,831,854.00 2 "18,001-20,000" 5,645.14 5,645.14 019-870-004-000 11571 GHIRARD RD 211,946.00 1,305,156.00 1,517,102.00 2 "20,001-22,000" 5,827.24 5,827.24 019-870-005-000 11611 GHIRARD RD 491,879.00 2,253,506.00 2,745,385.00 2 "Greater than 22,000" 6,009.35 6,009.34 019-870-006-000 11631 GHIRARD RD 244,757.00 1,135,203.00 1,379,960.00 2 "Greater than 22,000" 6,009.35 6,009.34 019-870-007-000 11651 GHIRARD RD 193,429.00 1,251,610.00 1,445,039.00 2 "20,001-22,000" 5,827.24 5,827.24 019-870-008-000 11890 BOTTCHER LP 33,800.00 - 33,800.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-009-000 11870 BOTTCHER LP 104,040.00 0.00 104,040.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-010-000 11850 BOTTCHER LP 263,200.00 - 263,200.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-011-000 11830 BOTTCHER LP 276,000.00 0.00 276,000.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-012-000 11810 BOTTCHER LP 55,901.00 0.00 55,901.00 2 "14,001-16,000" 5,280.94 5,280.94 Willdan Financial Services Page 4 of 10 Page 87 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) Charge Detail Report(Sorted by Assessor's Parcel Number) Assessor's Parcel Situs Address Land Assessed Structure Total Assessed Zone Lot Category Max Tax 2023/24 Total Number Value Assessed Value Value Charge 019-870-013-000 11790 BOTTCHER LP 222,645.00 0.00 222,645.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-014-000 11770 BOTTCHER LP 156,060.00 1,040,400.00 1,196,460.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-015-000 11750 BOTTCHER LP 40,632.00 0.00 40,632.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-016-000 11730 BOTTCHER LP 62,028.00 930,520.00 992,548.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-017-000 11721 BOTTCHER LP 74,435.00 1,009,565.00 1,084,000.00 2 "20,001-22,000" 5,827.24 5,827.24 019-870-018-000 11741 BOTTCHER LP 38,023.00 0.00 38,023.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-019-000 11761 BOTTCHER LP 300,504.00 300,000.00 600,504.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-020-000 11781 BOTTCHER LP 145,836.00 1,160,046.00 1,305,882.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-021-000 11801 BOTTCHER LP 258,500.00 0.00 258,500.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-022-000 11821 BOTTCHER LP 142,426.00 1,652,184.00 1,794,610.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-023-000 11841 BOTTCHER LP 286,700.00 0.00 286,700.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-024-000 11861 BOTTCHER LP 253,686.00 2,470,000.00 2,723,686.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-025-000 11891 BOTTCHER LP 139,385.00 1,308,084.00 1,447,469.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-026-000 11680 GHIRARD RD 329,000.00 1,598,000.00 1,927,000.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-027-000 11660 GHIRARD RD 176,708.00 1,055,367.00 1,232,075.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-028-000 11640 GHIRARD RD 202,990.00 2,172,600.00 2,375,590.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-029-000 11620 GHIRARD RD 259,700.00 0.00 259,700.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-030-000 11600 GHIRARD RD 172,319.00 2,210,850.00 2,383,169.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-031-000 11580 GHIRARD RD 153,459.00 153,459.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-032-000 11560 GHIRARD RD 262,793.00 1,518,952.00 1,781,745.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-033-000 11540 GHIRARD RD 176,911.00 1,538,608.00 1,715,519.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-034-000 11555 KELLEY DR 196,635.00 0.00 196,635.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-035-000 11575 KELLEY DR 105,117.00 0.00 105,117.00 2 "14,001-16,000" 5,280.94 5,280.94 019-870-036-000 11595 KELLEY DR 157,676.00 1,261,413.00 1,419,089.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-037-000 11615 KELLEY DR 76,583.00 1,030,974.00 1,107,557.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-038-000 11635 KELLEY DR 408,000.00 0.00 408,000.00 2 "16,001-18,000" 5,463.04 5,463.04 019-870-039-000 11655 KELLEY DR 216,601.00 0.00 216,601.00 2 "14,001-16,000" 5,280.94 5,280.94 019-880-001-000 11082 MEEK CT 298,513.00 1,445,315.00 1,743,828.00 2 "20,001-22,000" 5,827.24 5,827.24 019-880-002-000 11102 MEEK CT 132,097.00 727,760.00 859,857.00 2 "Greater than 22,000" 6,009.35 6,009.34 019-880-003-000 11122 MEEK CT 161,196.00 1,177,652.00 1,338,848.00 2 "18,001-20,000" 5,645.14 5,645.14 019-880-004-000 11142 MEEK CT 111,929.00 800,624.00 912,553.00 2 "20,001-22,000" 5,827.24 5,827.24 019-880-005-000 11139 MEEK CT 77,135.00 1,481,888.00 1,559,023.00 2 "Greater than 22,000" 6,009.35 6,009.34 019-880-006-000 11133 MEEK CT 262,200.00 0.00 262,200.00 2 "18,001-20,000" 5,645.14 5,645.14 019-880-007-000 11113 MEEK CT 176,911.00 1,805,923.00 1,982,834.00 2 "16,001-18,000" 5,463.04 5,463.04 019-880-008-000 10989 GHIRARD RD 72,432.00 1,560,528.00 1,632,960.00 2 "16,001-18,000" 5,463.04 5,463.04 019-880-009-000 11011 GHIRARD RD 289,073.00 1,387,554.00 1,676,627.00 2 "16,001-18,000" 5,463.04 5,463.04 019-880-010-000 11031 GHIRARD RD 262,473.00 1,425,334.00 1,687,807.00 2 "16,001-18,000" 5,463.04 5,463.04 019-880-011-000 11051 GHIRARD RD 262,200.00 0.00 262,200.00 2 "14,001-16,000" 5,280.94 5,280.94 019-880-012-000 11000 GHIRARD RD 156,511.00 1,040,035.00 1,196,546.00 2 "14,001-16,000" 5,280.94 5,280.94 019-880-013-000 11020 GHIRARD RD 134,550.00 0.00 134,550.00 2 "18,001-20,000" 5,645.14 5,645.14 019-880-014-000 11040 GHIRARD RD 286,110.00 1,898,730.00 2,184,840.00 2 "18,001-20,000" 5,645.14 5,645.14 019-880-015-000 11060 GHIRARD RD 74,315.00 0.00 74,315.00 2 "20,001-22,000" 5,827.24 5,827.24 019-880-016-000 11080 GHIRARD RD 239,292.00 0.00 239,292.00 2 "16,001-18,000" 5,463.04 5,463.04 019-880-017-000 11100 GHIRARD RD 306,918.00 0.00 306,918.00 2 "16,001-18,000" 5,463.04 5,463.04 019-880-018-000 11120 GHIRARD RD 95,588.00 0.00 95,588.00 2 "18,001-20,000" 5,645.14 5,645.14 019-890-002-000 11691 GHIRARD RD 86,068.00 1,011,621.00 1,097,689.00 2 "16,001-18,000" 5,463.04 5,463.04 Willdan Financial Services Page 5 of 10 Page 88 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) Charge Detail Report(Sorted by Assessor's Parcel Number) Assessor's Parcel Situs Address Land Assessed Structure Total Assessed Zone Lot Category Max Tax 2023/24 Total Number Value Assessed Value Value Charge 019-890-003-000 11711 GHIRARD RD 228,888.00 0.00 228,888.00 2 "16,001-18,000" 5,463.04 5,463.04 019-890-004-000 11731 GHIRARD RD 432,000.00 0.00 432,000.00 2 "16,001-18,000" 5,463.04 5,463.04 019-890-005-000 11751 GHIRARD RD 131,396.00 1,550,487.00 1,681,883.00 2 "18,001-20,000" 5,645.14 5,645.14 019-890-006-000 11771 GHIRARD RD 208,080.00 0.00 208,080.00 2 "16,001-18,000" 5,463.04 5,463.04 019-890-007-000 11791 GHIRARD RD 288,000.00 2,088,700.00 2,376,700.00 2 "16,001-18,000" 5,463.04 5,463.04 019-890-008-000 11831 GHIRARD RD 269,292.00 2,595,000.00 2,864,292.00 2 "20,001-22,000" 5,827.24 5,827.24 019-890-009-000 11840 GHIRARD RD 122,704.00 987,232.00 1,109,936.00 2 "16,001-18,000" 5,463.04 5,463.04 019-890-010-000 11820 GHIRARD RD 145,656.00 0.00 145,656.00 2 "16,001-18,000" 5,463.04 5,463.04 019-890-011-000 11800 GHIRARD RD 122,723.00 1,664,640.00 1,787,363.00 2 "14,001-16,000" 5,280.94 5,280.94 019-890-012-000 11780 GHIRARD RD 107,800.00 0.00 107,800.00 2 "14,001-16,000" 5,280.94 5,280.94 019-890-013-000 11760 GHIRARD RD 416,160.00 1,497,135.00 1,913,295.00 2 "14,001-16,000" 5,280.94 5,280.94 019-890-014-000 11950 BOTTCHER LP 78,758.00 1,269,721.00 1,348,479.00 2 "18,001-20,000" 5,645.14 5,645.14 019-890-015-000 11930 BOTTCHER LP 106,641.00 0.00 106,641.00 2 "14,001-16,000" 5,280.94 5,280.94 019-890-016-000 11910 BOTTCHER LP 467,932.00 1,242,703.00 1,710,635.00 2 "14,001-16,000" 5,280.94 5,280.94 019-890-017-000 11720 GHIRARD RD 128,283.00 0.00 128,283.00 2 "16,001-18,000" 5,463.04 5,463.04 019-890-018-000 11700 GHIRARD RD 269,500.00 1,960,000.00 2,229,500.00 2 "14,001-16,000" 5,280.94 5,280.94 019-900-002-000 11021 HENNESS RD 136,651.00 1,087,968.00 1,224,619.00 2 "18,001-20,000" 5,645.14 5,645.14 019-900-003-000 11041 HENNESS RD 141,700.00 141,700.00 2 "16,001-18,000" 5,463.04 5,463.04 019-900-004-000 11061 HENNESS RD 265,200.00 2,590,800.00 2,856,000.00 2 "14,001-16,000" 5,280.94 5,280.94 019-900-005-000 11081 HENNESS RD 133,860.00 1,444,596.00 1,578,456.00 2 "14,001-16,000" 5,280.94 5,280.94 019-900-006-000 11111 HENNESS RD 230,968.00 0.00 230,968.00 2 "14,001-16,000" 5,280.94 5,280.94 019-900-007-000 11121 HENNESS RD 324,604.00 0.00 324,604.00 2 "14,001-16,000" 5,280.94 5,280.94 019-900-008-000 11141 HENNESS RD 36,214.00 0.00 36,214.00 2 "14,001-16,000" 5,280.94 5,280.94 019-900-009-000 11149 HENNESS RD 260,100.00 1,872,720.00 2,132,820.00 2 "14,001-16,000" 5,280.94 5,280.94 019-900-010-000 11150 HENNESS RD 135,494.00 0.00 135,494.00 2 "16,001-18,000" 5,463.04 5,463.04 019-900-011-000 11130 HENNESS RD 329,000.00 2,542,700.00 2,871,700.00 2 "16,001-18,000" 5,463.04 5,463.04 019-900-012-000 11110 HENNESS RD 161,403.00 2,881,908.00 3,043,311.00 2 "Greater than 22,000" 6,009.35 6,009.34 019-900-013-000 11002 MEEK CT 300,752.00 0.00 300,752.00 2 "Greater than 22,000" 6,009.35 6,009.34 019-900-014-000 11022 MEEK CT 153,864.00 1,029,737.00 1,183,601.00 2 "18,001-20,000" 5,645.14 5,645.14 019-900-017-000 11093 MEEK CT 338,130.00 1,638,630.00 1,976,760.00 2 "14,001-16,000" 5,280.94 5,280.94 019-900-018-000 11073 MEEK CT 174,982.00 1,421,739.00 1,596,721.00 2 "14,001-16,000" 5,280.94 5,280.94 019-900-019-000 11053 MEEK CT 163,100.00 0.00 163,100.00 2 "20,001-22,000" 5,827.24 5,827.24 019-900-020-000 11033 MEEK CT 150,107.00 1,350,973.00 1,501,080.00 2 "20,001-22,000" 5,827.24 5,827.24 019-900-021-000 11090 HENNESS RD 182,070.00 1,050,804.00 1,232,874.00 2 "16,001-18,000" 5,463.04 5,463.04 019-900-022-000 11070 HENNESS RD 468,180.00 2,080,800.00 2,548,980.00 2 "Greater than 22,000" 6,009.35 6,009.34 019-900-023-000 11042 HENNESS RD 235,133.00 1,460,016.00 1,695,149.00 2 "Greater than 22,000" 6,009.35 6,009.34 019-900-024-000 11036 HENNESS RD 236,514.00 1,487,417.00 1,723,931.00 2 "20,001-22,000" 5,827.24 5,827.24 019-900-025-000 11030 HENNESS RD 160,193.00 2,101,608.00 2,261,801.00 2 "18,001-20,000" 5,645.14 5,645.14 019-900-026-000 11010 HENNESS RD 47,126.00 0.00 47,126.00 2 "16,001-18,000" 5,463.04 5,463.04 019-900-027-000 11052 MEEK CT 232,977.00 1,445,041.00 1,678,018.00 2 "Greater than 22,000" 6,009.35 6,009.34 019-910-001-000 11159 HENNESS RD 196,464.00 1,115,000.00 1,311,464.00 2 "14,001-16,000" 5,280.94 5,280.94 019-910-002-000 11169 HENNESS RD 432,400.00 1,754,500.00 2,186,900.00 2 "20,001-22,000" 5,827.24 5,827.24 019-910-003-000 11199 HENNESS RD 207,039.00 0.00 207,039.00 2 "18,001-20,000" 5,645.14 5,645.14 019-910-004-000 11219 HENNESS RD 85,335.00 0.00 85,335.00 2 "12,001-14,000" 5,098.84 5,098.82 019-910-005-000 11239 HENNESS RD 150,107.00 1,522,526.00 1,672,633.00 2 "14,001-16,000" 5,280.94 5,280.94 019-910-006-000 11259 HENNESS RD 113,781.00 919,363.00 1,033,144.00 2 "14,001-16,000" 5,280.94 5,280.94 Willdan Financial Services Page 6 of 10 Page 89 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) Charge Detail Report(Sorted by Assessor's Parcel Number) Assessor's Parcel Situs Address Land Assessed Structure Total Assessed Zone Lot Category Max Tax 2023/24 Total Number Value Assessed Value Value Charge 019-910-007-000 11330 HENNESS RD 191,398.00 2,769,300.00 2,960,698.00 2 "18,001-20,000" 5,645.14 5,645.14 019-910-008-000 11310 HENNESS RD 74,435.00 1,414,395.00 1,488,830.00 2 "14,001-16,000" 5,280.94 5,280.94 019-910-009-000 11290 HENNESS RD 231,258.00 1,377,042.00 1,608,300.00 2 "14,001-16,000" 5,280.94 5,280.94 019-910-010-000 11270 HENNESS RD 343,000.00 1,911,000.00 2,254,000.00 2 "12,001-14,000" 5,098.84 5,098.82 019-910-011-000 NO SITUS AVAILABLE 338,130.00 1,534,590.00 1,872,720.00 2 "12,001-14,000" 5,098.84 5,098.82 019-910-012-000 11230 HENNESS RD 322,524.00 - 322,524.00 2 "14,001-16,000" 5,280.94 5,280.94 019-910-013-000 11210 HENNESS RD 124,139.00 742,299.00 866,438.00 2 "12,001-14,000" 5,098.84 5,098.82 019-910-014-000 11190 HENNESS RD 727,921.00 1,560,600.00 2,288,521.00 2 "14,001-16,000" 5,280.94 5,280.94 019-910-015-000 11170 HENNESS RD 183,955.00 1,382,298.00 1,566,253.00 2 "18,001-20,000" 5,645.14 5,645.14 019-910-016-000 11851 GHIRARD RD 331,704.00 2,631,600.00 2,963,304.00 2 "18,001-20,000" 5,645.14 5,645.14 019-910-017-000 11871 GHIRARD RD 301,104.00 2,448,000.00 2,749,104.00 2 "14,001-16,000" 5,280.94 5,280.94 019-910-018-000 11881 GHIRARD RD 47,339.00 0.00 47,339.00 2 "16,001-18,000" 5,463.04 5,463.04 019-910-019-000 11890 GHIRARD RD 49,706.00 0.00 49,706.00 2 "20,001-22,000" 5,827.24 5,827.24 019-910-020-000 11880 GHIRARD RD 135,800.00 1,194,900.00 1,330,700.00 2 "14,001-16,000" 5,280.94 5,280.94 019-910-021-000 11860 GHIRARD RD 37,872.00 0.00 37,872.00 2 "14,001-16,000" 5,280.94 5,280.94 043-010-002-000 NO SITUS AVAILABLE 160,829.00 0.00 160,829.00 2 Golf Course 30,325.20 30,325.18 043-010-003-000 NO SITUS AVAILABLE 253,038.00 38,598.00 291,636.00 2 Golf Course 71,416.19 71,416.18 043-010-004-000 10874 HENNESS RD 17,154.00 95,425.00 112,579.00 2 Golf Course 6,220.04 6,220.04 043-010-005-000 NO SITUS AVAILABLE 504,564.00 0.00 504,564.00 2 Undeveloped 174,890.18 120,417.48 043-010-006-000 NO SITUS AVAILABLE 219,800.00 0.00 219,800.00 2 Golf Course 125,295.56 125,295.54 043-010-007-000 NO SITUS AVAILABLE 525,588.00 - 525,588.00 2 Undeveloped 300,066.68 206,605.52 043-010-008-000 11410 HENNESS RD 172,623.00 1,629,746.00 1,802,369.00 2 Golf Course 14,165.51 14,165.50 043-020-003-000 10980 GHIRARD CT 186,060.00 3,300,000.00 3,486,060.00 2 "20,001-22,000" 5,827.24 5,827.24 043-020-006-000 10956 RYLEY CT 423,000.00 0.00 423,000.00 2 "16,001-18,000" 5,463.04 5,463.04 043-020-007-000 10954 RYLEY CT 162,772.00 1,419,090.00 1,581,862.00 2 "20,001-22,000" 5,827.24 5,827.24 043-020-008-000 10952 RYLEY CT 341,632.00 1,629,326.00 1,970,958.00 2 "18,001-20,000" 5,645.14 5,645.14 043-020-009-000 10950 RYLEY CT 157,676.00 1,182,575.00 1,340,251.00 2 "16,001-18,000" 5,463.04 5,463.04 043-020-010-000 10948 RYLEY CT 306,918.00 0.00 306,918.00 2 "16,001-18,000" 5,463.04 5,463.04 043-020-011-000 10946 RYLEY CT 249,690.00 1,484,263.00 1,733,953.00 2 "16,001-18,000" 5,463.04 5,463.04 043-020-012-000 10944 RYLEY CT 248,741.00 0.00 248,741.00 2 "16,001-18,000" 5,463.04 5,463.04 043-020-013-000 10942 RYLEY CT 194,409.00 0.00 194,409.00 2 "16,001-18,000" 5,463.04 5,463.04 043-020-014-000 10940 RYLEY CT 71,012.00 1,530,742.00 1,601,754.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-020-015-000 10940 GHIRARD CT 41,421.00 0.00 41,421.00 2 Exempt 0.00 0.00 043-020-016-000 NO SITUS AVAILABLE 106,040.00 0.00 106,040.00 2 Exempt 0.00 0.00 043-020-017-000 10920 GHIRARD CT 111,929.00 0.00 111,929.00 2 "16,001-18,000" 5,463.04 5,463.04 043-020-018-000 10900 GHIRARD CT 290,145.00 0.00 290,145.00 2 "20,001-22,000" 5,827.24 5,827.24 043-020-019-000 10880 GHIRARD CT 530,703.00 1,768,680.00 2,299,383.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-020-020-000 10860 GHIRARD CT 311,103.00 1,058,179.00 1,369,282.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-020-021-000 10840 GHIRARD CT 321,083.00 1,388,500.00 1,709,583.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-020-022-000 10820 GHIRARD CT 322,524.00 2,216,052.00 2,538,576.00 2 "18,001-20,000" 5,645.14 5,645.14 043-020-023-000 10800 GHIRARD CT 200,301.00 0.00 200,301.00 2 "14,001-16,000" 5,280.94 5,280.94 043-020-024-000 10780 GHIRARD CT 188,515.00 0.00 188,515.00 2 "8,000-12,000" 4,916.74 4,916.72 043-020-025-000 10760 GHIRARD CT 92,352.00 1,987,170.00 2,079,522.00 2 "18,001-20,000" 5,645.14 5,645.14 043-020-026-000 10911 GHIRARD CT 262,793.00 1,800,141.00 2,062,934.00 2 "16,001-18,000" 5,463.04 5,463.04 043-020-027-000 10931 GHIRARD CT 233,140.00 0.00 233,140.00 2 "18,001-20,000" 5,645.14 5,645.14 043-020-028-000 10951 GHIRARD CT 60,358.00 1,026,186.00 1,086,544.00 2 "18,001-20,000" 5,645.14 5,645.14 Willdan Financial Services Page 7 of 10 Page 90 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) Charge Detail Report(Sorted by Assessor's Parcel Number) Assessor's Parcel Situs Address Land Assessed Structure Total Assessed Zone Lot Category Max Tax 2023/24 Total Number Value Assessed Value Value Charge 043-020-029-000 10971 GHIRARD CT 150,899.00 2,162,400.00 2,313,299.00 2 "20,001-22,000" 5,827.24 5,827.24 043-020-030-000 NO SITUS AVAILABLE 158,534.00 1,426,829.00 1,585,363.00 2 "20,000-22,000" 5,827.24 5,827.24 043-030-001-000 11545 HENNESS RD 239,292.00 0.00 239,292.00 2 "16,001-18,000" 5,463.04 5,463.04 043-030-002-000 11539 HENNESS RD 136,536.00 0.00 136,536.00 2 "14,001-16,000" 5,280.94 5,280.94 043-030-003-000 11533 HENNESS RD 394,191.00 1,387,554.00 1,781,745.00 2 "18,001-20,000" 5,645.14 5,645.14 043-030-004-000 11527 HENNESS RD 246,605.00 1,457,121.00 1,703,726.00 2 "20,001-22,000" 5,827.24 5,827.24 043-030-005-000 11521 HENNESS RD 289,073.00 1,434,857.00 1,723,930.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-007-000 11497 HENNESS RD 244,494.00 0.00 244,494.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-008-000 11475 HENNESS RD 416,160.00 2,044,386.00 2,460,546.00 2 "20,001-22,000" 5,827.24 5,827.24 043-030-009-000 11430 HENNESS RD 251,538.00 1,229,257.00 1,480,795.00 2 "14,001-16,000" 5,280.94 5,280.94 043-030-010-000 11438 HENNESS RD 294,000.00 1,666,000.00 1,960,000.00 2 "14,001-16,000" 5,280.94 5,280.94 043-030-011-000 11446 HENNESS RD 209,545.00 1,988,247.00 2,197,792.00 2 "14,001-16,000" 5,280.94 5,280.94 043-030-012-000 11454 HENNESS RD 183,122.00 1,601,096.00 1,784,218.00 2 "18,001-20,000" 5,645.14 5,645.14 043-030-013-000 11462 HENNESS RD 357,978.00 1,644,198.00 2,002,176.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-014-000 11470 HENNESS RD 100,600.00 0.00 100,600.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-015-000 11478 HENNESS RD 494,190.00 2,774,321.00 3,268,511.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-016-000 11486 HENNESS RD 312,000.00 2,040,000.00 2,352,000.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-017-000 11494 HENNESS RD 288,190.00 0.00 288,190.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-018-000 11502 HENNESS RD 94,685.00 0.00 94,685.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-019-000 11510 HENNESS RD 262,200.00 0.00 262,200.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-020-000 11518 HENNESS RD 265,792.00 1,655,605.00 1,921,397.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-021-000 11526 HENNESS RD 329,000.00 2,209,000.00 2,538,000.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-022-000 11534 HENNESS RD 183,635.00 1,466,905.00 1,650,540.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-030-023-000 11542 HENNESS RD 273,304.00 1,618,814.00 1,892,118.00 2 "20,001-22,000" 5,827.24 5,827.24 043-040-003-000 11687 HENNESS RD 202,070.00 2,850,000.00 3,052,070.00 2 "14,001-16,000" 5,280.94 5,280.94 043-040-004-000 11679 HENNESS RD 264,000.00 2,976,000.00 3,240,000.00 2 "16,001-18,000" 5,463.04 5,463.04 043-040-005-000 11671 HENNESS RD 321,600.00 0.00 321,600.00 2 "16,001-18,000" 5,463.04 5,463.04 043-040-006-000 11667 HENNESS RD 241,244.00 1,099,006.00 1,340,250.00 2 "16,001-18,000" 5,463.04 5,463.04 043-040-007-000 11655 HENNESS RD 329,000.00 2,016,300.00 2,345,300.00 2 "18,001-20,000" 5,645.14 5,645.14 043-040-008-000 11647 HENNESS RD 329,000.00 1,833,000.00 2,162,000.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-009-000 11639 HENNESS RD 379,746.00 0.00 379,746.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-010-000 11633 HENNESS RD 132,550.00 0.00 132,550.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-011-000 11627 HENNESS RD 379,746.00 1,909,134.00 2,288,880.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-012-000 11623 HENNESS RD 199,723.00 0.00 199,723.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-013-000 11615 HENNESS RD 250,334.00 1,252,223.00 1,502,557.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-014-000 11607 HENNESS RD 177,878.00 2,723,400.00 2,901,278.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-015-000 11595 HENNESS RD 584,852.00 1,311,271.00 1,896,123.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-016-000 11583 HENNESS RD 262,473.00 1,629,532.00 1,892,005.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-017-000 11575 HENNESS RD 262,473.00 1,418,456.00 1,680,929.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-018-000 11561 HENNESS RD 262,793.00 1,470,597.00 1,733,390.00 2 "20,001-22,000" 5,827.24 5,827.24 043-040-019-000 11553 HENNESS RD 459,000.00 0.00 459,000.00 2 "18,001-20,000" 5,645.14 5,645.14 043-040-020-000 11550 HENNESS RD 215,600.00 0.00 215,600.00 2 "20,001-22,000" 5,827.24 5,827.24 043-040-021-000 11558 HENNESS RD 188,056.00 1,340,006.00 1,528,062.00 2 "18,001-20,000" 5,645.14 5,645.14 043-040-022-000 11566 HENNESS RD 343,000.00 1,764,000.00 2,107,000.00 2 "18,001-20,000" 5,645.14 5,645.14 043-040-023-000 11574 HENNESS RD 260,100.00 1,529,388.00 1,789,488.00 2 "20,001-22,000" 5,827.24 5,827.24 043-040-024-000 11582 HENNESS RD 181,443.00 408,000.00 589,443.00 2 "Greater than 22,000" 6,009.35 6,009.34 Willdan Financial Services Page 8 of 10 Page 91 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) Charge Detail Report(Sorted by Assessor's Parcel Number) Assessor's Parcel Situs Address Land Assessed Structure Total Assessed Zone Lot Category Max Tax 2023/24 Total Number Value Assessed Value Value Charge 043-040-025-000 11590 HENNESS RD 262,793.00 1,024,899.00 1,287,692.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-026-000 11598 HENNESS RD 563,297.00 240,043.00 803,340.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-027-000 11606 HENNESS RD 249,600.00 1,603,600.00 1,853,200.00 2 "16,001-18,000" 5,463.04 5,463.04 043-040-028-000 11614 HENNESS RD 329,000.00 2,585,000.00 2,914,000.00 2 "16,001-18,000" 5,463.04 5,463.04 043-040-029-000 11622 HENNESS RD 176,362.00 1,268,677.00 1,445,039.00 2 "20,001-22,000" 5,827.24 5,827.24 043-040-030-000 11630 HENNESS RD 248,484.00 1,200,000.00 1,448,484.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-031-000 11638 HENNESS RD 213,259.00 1,044,431.00 1,257,690.00 2 "Greater than 22,000" 6,009.35 6,009.34 043-040-032-000 11646 HENNESS RD 94,685.00 0.00 94,685.00 2 "18,001-20,000" 5,645.14 5,645.14 043-040-033-000 11654 HENNESS RD 218,234.00 2,407,200.00 2,625,434.00 2 "16,001-18,000" 5,463.04 5,463.04 043-040-034-000 11662 HENNESS RD 329,000.00 2,674,300.00 3,003,300.00 2 "14,001-16,000" 5,280.94 5,280.94 043-050-002-000 10251 ANNIES LP 96,498.00 745,179.00 841,677.00 2 Condo 2,622.26 2,622.26 043-050-003-000 10249 ANNIES LP 100,394.00 652,576.00 752,970.00 2 Condo 2,622.26 2,622.26 043-050-004-000 10247 ANNIES LP 88,434.00 785,631.00 874,065.00 2 Condo 2,622.26 2,622.26 043-050-005-000 10239 ANNIES LP 96,498.00 820,233.00 916,731.00 2 Condo 2,622.26 2,622.26 043-050-007-000 10235 ANNIES LP 96,498.00 841,677.00 938,175.00 2 Condo 2,622.26 2,622.26 043-050-008-000 10229 ANNIES LP 104,040.00 884,340.00 988,380.00 2 Condo 2,622.26 2,622.26 043-050-009-000 10227 ANNIES LP 98,427.00 884,758.00 983,185.00 2 Condo 2,622.26 2,622.26 043-050-011-000 10215 ANNIES LP 104,040.00 863,532.00 967,572.00 2 Condo 2,622.26 2,622.26 043-050-012-000 10213 ANNIES LP 88,365.00 553,778.00 642,143.00 2 Condo 2,622.26 2,622.26 043-050-013-000 10211 ANNIES LP 36,214.00 700,219.00 736,433.00 2 Condo 2,622.26 2,622.26 043-050-014-000 10201 ANNIES LP 104,040.00 795,906.00 899,946.00 2 Condo 2,622.26 2,622.26 043-050-015-000 10199 ANNIES LP 129,285.00 1,447,992.00 1,577,277.00 2 Condo 2,622.26 2,622.26 043-050-017-000 10189 ANNIES LP 117,941.00 798,789.00 916,730.00 2 Condo 2,622.26 2,622.26 043-050-018-000 10187 ANNIES LP 376,000.00 963,500.00 1,339,500.00 2 Condo 2,622.26 2,622.26 043-050-019-000 10175 ANNIES LP 88,434.00 879,138.00 967,572.00 2 Condo 2,622.26 2,622.26 043-050-020-000 10173 ANNIES LP 305,500.00 1,057,500.00 1,363,000.00 2 Condo 2,622.26 2,622.26 043-050-024-000 NO SITUS AVAILABLE 0.00 0.00 0.00 Exempt 0.00 0.00 043-050-025-000 10222 EDWIN WAY 95,052.00 0.00 95,052.00 2 Undeveloped 7,393.32 5,090.52 043-050-026-000 10202 EDWIN WAY 95,052.00 0.00 95,052.00 2 Undeveloped 12,747.10 8,776.78 043-050-027-000 10204 EDWIN WAY 95,052.00 0.00 95,052.00 2 Undeveloped 11,472.39 7,899.10 043-060-009-000 10151 EDWIN WAY 136,931.00 0.00 136,931.00 2 Undeveloped 14,276.75 9,829.98 043-060-010-000 10105 EDWIN WAY 136,931.00 0.00 136,931.00 2 Undeveloped 8,668.03 5,968.20 043-060-011-000 10162 EDWIN WAY 748,193.00 0.00 748,193.00 2 Undeveloped 87,190.15 60,033.20 043-060-012-000 10073 EDWIN WAY 0.00 0.00 0.00 2 Exempt 0.00 0.00 043-060-013-000 NO SITUS AVAILABLE 0.00 0.00 0.00 2 Exempt 0.00 0.00 043-060-014-000 10131 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,059.30 2,106.42 043-060-015-000 10125 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,314.25 2,281.96 043-060-016-000 10117 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,314.25 2,281.96 043-060-017-000 10109 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 5,098.84 3,510.70 043-060-018-000 10097 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,059.30 2,106.42 043-060-019-000 10089 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 4,079.07 2,808.56 043-060-020-000 10085 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 4,079.07 2,808.56 043-060-021-000 10077 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 4,334.01 2,984.10 043-060-022-000 10069 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,314.25 2,281.96 043-060-023-000 10061 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,569.19 2,457.48 043-060-024-000 10076 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,824.13 2,633.02 Willdan Financial Services Page 9 of 10 Page 92 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) Charge Detail Report(Sorted by Assessor's Parcel Number) Assessor's Parcel Situs Address Land Assessed Structure Total Assessed Zone Lot Category Max Tax 2023/24 Total Number Value Assessed Value Value Charge 043-060-025-000 10084 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,569.19 2,457.48 043-060-026-000 10096 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 2,549.42 1,755.34 043-060-027-000 10102 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 2,549.42 1,755.34 043-070-003-000 11768 HENNESS RD 169,909.00 0.00 169,909.00 2 Undeveloped 15,041.58 10,356.60 043-070-008-000 10036 EDWIN WAY 321,600.00 0.00 321,600.00 2 Undeveloped 10,197.68 7,021.42 043-070-009-000 10020 EDWIN WAY 0.00 0.00 0.00 2 Exempt 0.00 0.00 043-070-010-000 10012 EDWIN WAY 242,808.00 0.00 242,808.00 2 Undeveloped 25,239.25 17,378.02 043-070-011-000 10003 EDWIN WAY 0.00 0.00 0.00 2 Exempt 0.00 0.00 043-070-012-000 10053 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 2,549.42 1,755.34 043-070-013-000 10047 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 2,294.48 1,579.82 043-070-014-000 10041 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 4,079.07 2,808.56 043-070-015-000 10033 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,824.13 2,633.02 043-070-016-000 10027 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,059.30 2,106.42 043-070-017-000 10019 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,824.13 2,633.02 043-070-018-000 10026 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 3,314.25 2,281.96 043-070-019-000 10038 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 2,549.42 1,755.34 043-070-020-000 10046 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 2,294.48 1,579.82 043-070-021-000 10054 JAKES WAY 100,800.00 0.00 100,800.00 2 Undeveloped 2,549.42 1,755.34 Total: $85,078,749.00 $356,813,426.00 $441,892,175.00 $3,382,715.52 $3,032,769.68 Total Charged Parcels: 425 Total Parcels: 432 Willdan Financial Services Page 10 of 10 Page 93 of 153 "O W I LLDAN EXHIBIT B TRUCKEE DONNER PUD COMMUNITY FACILITIES DISTRICT NO. 04-1 (GRAYS CROSSING) Boundary Diagram Page 94 of 153 IDENTIFICATION OF TAX ZONES FOR Y PROPOSEb COMMUNITY F ACLUTIE5 OT5TRICT NO. 04 1 v (GRAYS CROSSING) ;ITEr iRUCkEE bOf&! ER PUBLIC UTILITY DISTRICT re COUNTY OF NEVAbA 3 STATE OF CALIFOWNU A kU . , I I— _ __ _ )% Vrcxl%zTY MAP I 4 � � w os 1 4 l °s r 4 t I 1 AEc I ti I � l ti 1 ti n-.!ca 1 1 I�EC LEC7ENC, x.* + RS-X(Singly FamilyResiduTtial] t RM((Multi-Fan:Y idcrrtial] CN(Naighborhagd CommercFal) 0 RAC{Re.crenticn} ZONF 1 �� 05 70NE 2 KM NE NE d , r EMYMECU'16.INC. 1i UT 6 W. suin 31 90 YJ 7. 6 mgi ImOO onvoe rwal IIOAG xlnC 3es, rnuoree,ew aa,el SF�EcT 471 l Page 95 of 153 "O W I LLDAN EXHIBIT C TRUCKEE DONNER PUD COMMUNITY FACILITIES DISTRICT NO. 04-1 (GRAYS CROSSING) Delinquency Summary Page 96 of 153 DELINQUENCY SUMMARY BY DISTRICT Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) DUE DOLLARS . • DOLLARS DELINQUENTDATE LEVIED DELINQUENT LEVIED DELINQUENT DATE 2009/10-1 $1,119,963.85 $38,366.44 3.43% 416 3 09/25/2023 2009/10-2 $1,119,963.85 $38,366.44 3.43% 416 3 09/25/2023 2010/11-1 $1,165,181.90 $202,912.48 17.41% 416 3 09/25/2023 2010/11-2 $1,165,181.90 $202,912.48 17.41% 416 3 09/25/2023 2011/12-1 $1,195,150.68 $211,675.49 17.71% 416 3 09/25/2023 2011/12-2 $1,195,150.68 $211,675.49 17.71% 416 3 09/25/2023 2012/13-1 $1,236,735.78 $228,393.70 18.47% 416 3 09/25/2023 2012/13-2 $1,236,735.78 $228,393.70 18.47% 416 3 09/25/2023 2013/14-1 $1,264,729.82 $235,262.73 18.60% 416 3 09/25/2023 2013/14-2 $1,264,729.82 $235,262.73 18.60% 416 3 09/25/2023 2014/15-1 $1,284,580.98 $236,125.03 18.38% 416 3 09/25/2023 2014/15-2 $1,284,580.98 $236,125.03 18.38% 416 3 09/25/2023 2015/16-1 $1,299,558.24 $235,092.91 18.09% 415 3 09/25/2023 2015/16-2 $1,299,558.24 $235,092.91 18.09% 415 3 09/25/2023 2016/17-1 $1,319,863.48 $238,534.36 18.07% 413 3 09/25/2023 2016/17-2 $1,319,863.48 $238,534.36 18.07% 413 3 09/25/2023 2017/18-1 $1,241,081.09 $161,671.77 13.03% 413 3 09/25/2023 2017/18-2 $1,241,081.09 $161,671.77 13.03% 413 3 09/25/2023 2018/19-1 $1,252,842.07 $160,968.00 12.85% 408 3 09/25/2023 2018/19-2 $1,252,842.07 $160,968.00 12.85% 408 3 09/25/2023 2019/20-1 $1,289,656.10 $57,672.01 4.47% 407 2 09/25/2023 2019/20-2 $1,289,656.10 $164,656.86 12.77% 407 6 09/25/2023 2020/21-1 $1,302,711.62 $174,200.91 13.37% 407 5 09/25/2023 2020/21-2 $1,302,711.62 $176,328.72 13.54% 407 6 09/25/2023 2021/22-1 $1,327,863.06 $171,699.18 12.93% 407 3 09/25/2023 2021/22-2 $1,327,863.06 $175,969.91 13.25% 407 5 09/25/2023 2022/23-1 $1,466,825.70 $278,316.50 18.97% 426 7 09/25/2023 2022/23-2 $1,466,825.70 $283,850.95 19.35% 426 8 09/25/2023 TOTAL $35,533,488.74 $5,380,700.86 15.14% Pgge V7 of 153 "O W I LLDAN EXHIBIT D TRUCKEE DONNER PUD CFD 04-1 (GRAYS CROSSING SERIES 2004 AND SERIES 2005 Debt Service Schedules Page 98 of 153 Truckee Donner PUD Community Facilities District No.04-1 (Gray's Crossing) REVISED DEBT SERVICE SCHEDULE Dated Date: 9/14/2004 First Coupon: 3/1/2005 First Maturity: 9/1/2007 Payment Due Interest Bond Call Called Amount Principal Due Interest Due Semi-Annual Total Annual Rate Payment 3/1/2005 $403,724.82 $403,724.82 9/1/2005 3.25000% 0.00 435,152.50 435,152.50 838,877.32 3/1/2006 435,152.50 435,152.50 9/1/2006 3.25000% 0.00 435,152.50 435,152.50 870,305.00 3/1/2007 435,152.50 435,152.50 9/1/2007 3.25000% 15,000.00 435,152.50 450,152.50 885,305.00 3/1/2008 434,908.75 434,908.75 9/1/2008 3.50000% 35,000.00 434,908.75 469,908.75 904,817.50 3/1/2009 434,296.25 434,296.25 9/1/2009 3.90000% 50,000.00 434,296.25 484,296.25 918,592.50 3/1/2010 433,321.25 433,321.25 9/1/2010 4.15000% 70,000.00 433,321.25 503,321.25 936,642.50 3/1/2011 431,868.75 431,868.75 9/1/2011 4.35000% 95,000.00 431,868.75 526,868.75 958,737.50 3/1/2012 429,802.50 429,802.50 9/1/2012 4.65000% 115,000.00 429,802.50 544,802.50 974,605.00 3/1/2013 427,128.75 427,128.75 9/1/2013 4.75000% 140,000.00 427,128.75 567,128.75 994,257.50 3/1/2014 423,803.75 423,803.75 9/1/2014 4.90000% 170,000.00 423,803.75 593,803.75 1,017,607.50 3/1/2015 419,638.75 419,638.75 9/1/2015 5.00000% 200,000.00 419,638.75 619,638.75 1,039,277.50 3/1/2016 20,000.00 414,638.75 434,638.75 9/1/2016 5.10000% 230,000.00 414,058.75 644,058.75 1,078,697.50 3/1/2017 408,193.75 408,193.75 9/1/2017 5.20000% 260,000.00 408,193.75 668,193.75 1,076,387.50 3/1/2018 45,000.00 401,433.75 446,433.75 9/1/2018 5.30000% 295,000.00 400,137.50 695,137.50 1,141,571.25 3/1/2019 30,000.00 392,320.00 422,320.00 9/1/2019 5.40000% 25,000.00 335,000.00 391,451.25 751,451.25 1,173,771.25 3/1/2020 381,683.75 381,683.75 9/1/2020 5.50000% 375,000.00 381,683.75 756,683.75 1,138,367.50 3/1/2021 371,371.25 371,371.25 9/1/2021 5.60000% 420,000.00 371,371.25 791,371.25 1,162,742.50 3/1/2022 359,611.25 359,611.25 9/1/2022 5.70000% 465,000.00 359,611.25 824,611.25 1,184,222.50 3/1/2023 346,358.75 346,358.75 9/1/2023 5.75000% 20,000.00 10,000.00 505,000.00 346,358.75 871,358.75 1,217,717.50 3/1/2024 331,262.50 331,262.50 9/1/2024 5.75000% 10,000.00 560,000.00 331,262.50 891,262.50 1,222,525.00 3/1/2025 315,162.50 315,162.50 9/1/2025 5.75000% 5,000.00 620,000.00 315,162.50 935,162.50 1,250,325.00 3/1/2026 297,337.50 297,337.50 9/1/2026 5.75000% 5,000.00 685,000.00 297,337.50 982,337.50 1,279,675.00 3/1/2027 277,643.75 277,643.75 9/1/2027 5.75000% 10,000.00 745,000.00 277,643.75 1,022,643.75 1,300,287.50 3/1/2028 256,225.00 256,225.00 9/1/2028 5.75000% 10,000.00 815,000.00 256,225.00 1,071,225.00 1,327,450.00 3/1/2029 232,793.75 232,793.75 9/1/2029 5.75000% 10,000.00 885,000.00 232,793.75 1,117,793.75 1,350,587.50 3/1/2030 207,350.00 207,350.00 9/1/2030 5.80000% 10,000.00 965,000.00 207,350.00 1,172,350.00 1,379,700.00 3/1/2031 179,365.00 179,365.00 9/1/2031 5.80000% 10,000.00 1,050,000.00 179,365.00 1,229,365.00 1,408,730.00 3/1/2032 148,915.00 148,915.00 9/1/2032 5.80000% 15,000.00 1,135,000.00 148,915.00 1,283,915.00 1,432,830.00 3/1/2033 116,000.00 116,000.00 9/1/2033 5.80000% 15,000.00 1,230,000.00 116,000.00 1,346,000.00 1,462,000.00 3/1/2034 80,330.00 80,330.00 9/1/2034 5.80000% 25,000.00 1,320,000.00 80,330.00 1,400,330.00 1,480,660.00 3/1/2035 42,050.00 42,050.00 9/1/2035 5.80000% 5,000.00 1,450,000.00 42,050.00 1,492,050.00 1,534,100.00 Outstanding Principal $11,460,000.00 Matured Principal 3,775,000.00 Called Principal 140,000.00 Total Bond Issue $15,375,000.00 Willdan Financial Services Page 1 of 1 Page 99 of 153 Truckee Donner PUD Community Facilities District No. 04-1 (Gray's Crossing) REVISED DEBT SERVICE SCHEDULE Dated Date: 7/13/2005 First Coupon: 9/1/2005 First Maturity: 9/1/2007 Payment Due Interest Bond Call Called Amount Principal Due Interest Due Semi-Annual Total Annual Rate Payment 9/1/2005 3.50000% $0.00 $131,191.33 $131,191.33 $131,191.33 3/1/2006 491,967.50 491,967.50 9/1/2006 3.50000% 0.00 491,967.50 491,967.50 983,935.00 3/1/2007 491,967.50 491,967.50 9/1/2007 3.50000% 50,000.00 491,967.50 541,967.50 1,033,935.00 3/1/2008 491,092.50 491,092.50 9/1/2008 3.62500% 70,000.00 491,092.50 561,092.50 1,052,185.00 3/1/2009 489,823.75 489,823.75 9/1/2009 3.75000% 100,000.00 489,823.75 589,823.75 1,079,647.50 3/1/2010 487,948.75 487,948.75 9/1/2010 4.00000% 125,000.00 487,948.75 612,948.75 1,100,897.50 3/1/2011 485,448.75 485,448.75 9/1/2011 4.00000% 150,000.00 485,448.75 635,448.75 1,120,897.50 3/1/2012 482,448.75 482,448.75 9/1/2012 4.12500% 180,000.00 482,448.75 662,448.75 1,144,897.50 3/1/2013 478,736.25 478,736.25 9/1/2013 4.25000% 210,000.00 478,736.25 688,736.25 1,167,472.50 3/1/2014 474,273.75 474,273.75 9/1/2014 4.37500% 240,000.00 474,273.75 714,273.75 1,188,547.50 3/1/2015 469,023.75 469,023.75 9/1/2015 4.50000% 275,000.00 469,023.75 744,023.75 1,213,047.50 3/1/2016 25,000.00 462,836.25 487,836.25 9/1/2016 4.62500% 310,000.00 462,173.75 772,173.75 1,260,010.00 3/1/2017 455,005.00 455,005.00 9/1/2017 4.75000% 355,000.00 455,005.00 810,005.00 1,265,010.00 3/1/2018 55,000.00 446,573.75 501,573.75 9/1/2018 4.75000% 395,000.00 445,132.50 840,132.50 1,341,706.25 3/1/2019 40,000.00 435,751.25 475,751.25 9/1/2019 4.87500% 35,000.00 440,000.00 434,697.50 909,697.50 1,385,448.75 3/1/2020 423,052.50 423,052.50 9/1/2020 5.00000% 485,000.00 423,052.50 908,052.50 1,331,105.00 3/1/2021 410,927.50 410,927.50 9/1/2021 5.20000% 5,000.00 530,000.00 410,927.50 940,927.50 1,351,855.00 3/1/2022 397,147.50 397,147.50 9/1/2022 5.20000% 10,000.00 585,000.00 397,147.50 982,147.50 1,379,295.00 3/1/2023 381,937.50 381,937.50 9/1/2023 5.20000% 25,000.00 5,000.00 645,000.00 381,937.50 1,051,937.50 1,433,875.00 3/1/2024 364,507.50 364,507.50 9/1/2024 5.20000% 5,000.00 710,000.00 364,507.50 1,074,507.50 1,439,015.00 3/1/2025 346,047.50 346,047.50 9/1/2025 5.20000% 10,000.00 770,000.00 346,047.50 1,116,047.50 1,462,095.00 3/1/2026 326,027.50 326,027.50 9/1/2026 5.25000% 10,000.00 840,000.00 326,027.50 1,166,027.50 1,492,055.00 3/1/2027 303,977.50 303,977.50 9/1/2027 5.25000% 10,000.00 915,000.00 303,977.50 1,218,977.50 1,522,955.00 3/1/2028 279,958.75 279,958.75 9/1/2028 5.25000% 10,000.00 995,000.00 279,958.75 1,274,958.75 1,554,917.50 3/1/2029 253,840.00 253,840.00 9/1/2029 5.25000% 15,000.00 1,075,000.00 253,840.00 1,328,840.00 1,582,680.00 3/1/2030 225,621.25 225,621.25 9/1/2030 5.25000% 15,000.00 1,165,000.00 225,621.25 1,390,621.25 1,616,242.50 3/1/2031 195,040.00 195,040.00 9/1/2031 5.30000% 15,000.00 1,260,000.00 195,040.00 1,455,040.00 1,650,080.00 3/1/2032 161,650.00 161,650.00 9/1/2032 5.30000% 15,000.00 1,360,000.00 161,650.00 1,521,650.00 1,683,300.00 3/1/2033 125,610.00 125,610.00 9/1/2033 5.30000% 15,000.00 1,465,000.00 125,610.00 1,590,610.00 1,716,220.00 3/1/2034 86,787.50 86,787.50 9/1/2034 5.30000% 30,000.00 1,570,000.00 86,787.50 1,656,787.50 1,743,575.00 3/1/2035 45,182.50 45,182.50 9/1/2035 5.30000% 10,000.00 1,705,000.00 45,182.50 1,750,182.50 1,795,365.00 Outstanding Principal $13,830,000.00 Matured Principal 5,145,000.00 Called Principal 180,000.00 Total Bond Issue $19,155,000.00 Willdan Financial Services Page 1 of 1 Page 100 of 153 "O W I LLDAN EXHIBIT E TRUCKEE DONNER PUD COMMUNITY FACILITIES DISTRICT NO. 04-1 (GRAYS CROSSING) Rate and Method of Apportionment of Special Tax Page 101 of 153 APPENDIX A RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX A Special Tax applicable to each Assessor's Parcel in the Truckee Donner Public Utility District Community Facilities District No.04-1 (Gray's Crossing) [herein"CFD No. 04-I"]shall be levied and collected according to the tax liability determined by the Board of Directors or its designee,through the application of the appropriate amount or rate for Taxable Property, as described below. All of the property in CFD No. 04-1, unless exempted by law or by the provisions of Section G below, shall be taxed for the purposes, to the extent, and in the manner herein provided,including property subsequently annexed to the CFD unless a separate Rate and Method of Apportionment is adopted for the annexation area. A. DEFINITIONS The terms hereinafter set forth have the following meanings: "Acre"or"Acreage"means the land area of an Assessor's Parcel as shown on an Assessor's Parcel Map,or if the land area is not shown on an Assessor's Parcel Map,the land area shown on the applicable Final Map or other parcel map recorded with the County. "Act"means the Mello-Roos Community Facilities Act of 1982,as amended,being Chapter 2.5,(commencing with Section 53311),Division 2 of Title 5 of the California Government Code. "Administrative Expenses"means any or all of the following: the fees and expenses of any fiscal agent or trustee (including any fees or expenses of its counsel) employed in connection with any Bonds, and the expenses of the TDPUD carrying out its duties with respect to CFD No. 04-1 and the Bonds, including,but not limited to, levying and collecting the Special Tax, the fees and expenses of legal counsel, charges levied by the County Auditor's Office, Tax Collector's Office, and/or Treasurer's Office, costs related to annexing property into the CFD, costs related to property owner inquiries regarding the Special Tax, amounts needed to pay rebate to the federal government with respect to the Bonds,costs associated with complying with any continuing disclosure requirements for the Bonds and the Special Tax, and all other costs and expenses of the TDPUD in any way related to the establishment or administration of the CFD. "Administrator" means the person or firm designated by the TDPUD to administer the Special Tax according to this Rate and Method of Apportionment of Special Tax. "Affordable Unit" means any Unit within CFD No. 04-1 which is subject to(i)a deed-restricted cap limiting the appreciation that can be realized by the owner of the Unit for thirty (30)years, or(ii)another such deed restriction that replaces the 30-year appreciation cap in future years. In the Fiscal Year after the Fiscal Year in which the deed- restriction on an Affordable Unit expires, such Unit shall be taxed as Single Family Detached Property or Single Family Attached Property,as applicable. "Assessor's Parcel"or"Parcel"means a lot or parcel,including an airspace parcel for a condominium unit or Loft Unit,shown on an Assessor's Parcel Map with an assigned Assessor's Parcel number. "Assessor's Parcel Map" means an official map of the County Assessor designating parcels by Assessor's Parcel number. "Association Property"means any property within the CFD that is owned by a homeowners association,excluding such property under the pad or footprint of a Unit. Association Property shall also include property designated as open space in a recorded Final Map whether or not such property has yet been dedicated to a homeowners association,public agency,or private land trust. "Board of Directors"or`Board"means the Board of Directors of the TDPUD. A-I Page 102 of 153 "Bonds" means bonds or other debt (as defined in the Act), whether in one or more series, issued, insured or assumed by CFD No. 04-1 related to public infrastructure and/or improvements that are authorized to be funded by CFD No.04-1. "Building Square Footage" means the total gross square footage of the floor area of a non-residential building determined by calculating the combined floor area contained within the building's exterior walls including the area of an addition where floor area is increased. Parking areas and exterior walkways shall not be included in the calculation of Building Square Footage. "Capitalized Interest"means funds in any capitalized interest account available to pay debt service on Bonds. "Center for the Arts Property"means the property on which a building permit has been issued for construction of the "Center for the Arts" required pursuant to the Development Agreement, subject to the limitation set forth in Section G below. "CFD Formation"means the date on which the Resolution of Formation to form CFD No.04-1 was adopted by the Board of Directors. "Church Property"means,in any Fiscal Year,any Parcel in CFD 04-1 that meets both of the following criteria: (i) the Parcel is owned by a religious organization which is exempt from ad valorem property tax, and (ii) a building permit has been issued for construction of a building on the Parcel that will be used solely as a place of worship. The amount of Church Property within the CFD shall be subject to the limitation set forth in Section G below. "County"means the County of Nevada. "Developed Property"means,in any Fiscal Year,the following: • for Single Family Detached Property, all parcels for which a Final Map was recorded prior to May I of the preceding Fiscal Year • for Single Family Attached Property, all parcels for which a building permit for new construction of a residential structure was issued prior to May 1 of the preceding Fiscal Year • for Golf Course Property, all Parcels that make up the Golf Course Property if the certificate of occupancy for the proshop or clubhouse associated with the golf course was issued at least twenty- four(24)months in advance of May 1 of the preceding Fiscal Year • for Non-Residential Property, all parcels for which a building permit for new construction of a non-residential structure (which may include Loft Units) was issued prior to May 1 of the preceding Fiscal Year "Development Agreement" means the Development Agreement executed between the Town and Gray's Crossing LLC on March 25,2004. "Excess Public Property" means the acres of Public Property that exceed the acreage exempted in Section G below. In any Fiscal Year in which a Special Tax must be levied on Excess Public Property pursuant to Step 5 in Section E below, Excess Public Property shall be those Assessor's Parcel(s) that most recently became Public Property based on the dates on which Final Maps recorded creating such Public Property or, if an Assessor's Parcel became Public Property other than through a Final Map,as determined by the Administrator. "Expected Affordable Units" means a total of 36 Units within CFD No. 04-1 that are expected to be Affordable Units. If, in any Fiscal Year, the Administrator identifies a total number of Affordable Units within CFD No. 04-1 that exceeds 36 Units, only the first 36 Units for which building permits were 'issued shall remain exempt from the Special Tax pursuant to Section G below. Affordable Units for which permits are issued after building permits for the 36 Expected Affordable Units have been issued shall be taxed as follows: (i)based on the size of the lot if the A-2 Page 103 of 153 Unit is Single Family Detached Property, as Single Family Attached Property if the Unit meets the definition set forth for such property below,or(iii)as a Loft Unit if the Unit is Iocated above a retail establishment. "Expected Land Uses"means the total number of Units and size of SFD Lots expected to be constructed within the CFD as determined from time to time by the Administrator after applying the steps in Section D below. At CFD Formation,the Expected Land Uses were those expected to be reflected in the Tentative Map. The Expected Land Uses at CFD Formation are summarized in Attachment 1 hereto;the Administrator shall update Attachments 1 and 2 each time a change occurs to the land use plans for property in the CFD. "Expected Maximum Special Tax Revenues"means the amount of annual revenue that would be available if the Maximum Special Tax was levied on the Expected Land Uses. The Expected Maximum Special Tax Revenues as of CFD Formation are shown in Attachment I of this Rate and Method of Apportionment of Special Tax. "Final Bond Sale" means the last series of Bonds that will be issued on behalf of CFD No. 04-1 (excluding any Bond refundings),as determined in the sole discretion of the TDPUD. "Final Map"means a final map, or portion thereof, recorded by the County pursuant to the Subdivision Map Act (California Government Code Section 66410 et seq.) that creates individual lots on which building permits for new construction may be issued without further subdivision and for which no further subdivision is anticipated pursuant to the Tentative Map. "Fiscal Year"means the period starting July 1 and ending on the following June 30. "Fitness Facility Property"means any Assessor's Parcels within the CFD that meets both of the following criteria (i)a building permit has been issued for construction of a swim or fitness facility on the Parcel,and(ii)based on the size of the Parcel,no other buildings can be constructed on the Parcel. "Fractional Unit" means a single family detached unit or a single family attached unit for which multiple owners may each purchase a fractional share of ownership(also referred to as a timeshare unit by the California Department of Real Estate). "Golf Course Property"means any property within CFD No. 04-1 that is used as a golf course, including but not limited to, a driving range, clubhouse, pro shop, parking, outbuildings, and other golf-related amenities. Golf Course Property shall also include any property within the CFD that is used or expected to be used for a swim and/or fitness facility if such facility is located on the same Assessor's Parcel as the clubhouse, pro shop or other golf- related buildings. "Lodging Unit"means a unit that is(i)offered for rent to the general public on an overnight or limited stay basis,as defined in the Development Agreement, and (ii) constructed within the geographic area labeled Neighborhood Commercial in Attachment 2. If Fractional Units are built within the Neighborhood Commercial area,all such units shall be taxed at the same rate as other Units of Single Family Attached Property within the CFD. "Loft Unit" means a residential Unit located above and attached to a commercial establishment, which shall not under any circumstance include a residential Unit within which the owner of such Unit operates an at-home business operation. "Maximum Special Tax"means the greatest amount of Special Tax that can be levied on an Assessor's Parcel in any Fiscal Year determined in accordance with Section C below,as may be adjusted pursuant to Step 3 in Section D below. "Non-Residential Property" means, in any Fiscal Year, all Parcels of Taxable Property which are not Single Family Detached Property, Single Family Attached Property, Golf Course Property, Loft Units, Association Property, Excess Public Property, or Undeveloped Property. As discussed below, Loft Units shall be taxed separately from the non-residential Building Square Footage on the Parcel. A-3 Page 104 of 153 "Proportionately"means,for Developed Property,that the ratio of the actual Special Tax levied in any Fiscal Year to the Maximum Special Tax authorized to be levied in that Fiscal Year is equal for all Assessor's Parcels of Developed Property,and for Undeveloped Property that the ratio of the actual Special Tax to the Maximum Special Tax is equal for all Assessor's Parcels of Undeveloped Property. "Public Property" means any property within the boundaries of CFD No. 04-1 that is owned by the federal government,the State of California,the County,the Town,the TDPUD,or other public agency. "Rental Property" means, in any Fiscal Year, all Parcels within the CFD for which a building permit was issued for construction of a residential structure with multiple Units that share common walls, all of which are offered or are expected to be offered for rent to the general public and/or employees. Fractional Units and Loft Units within the CFD shall at no time be categorized as Rental Property. Lodging Units shall also be categorized as Rental Property for purposes of this Rate and Method of Apportionment of Special Tax. "SFD Lot" means an individual residential lot, identified and numbered on a recorded Final Map, on which a building permit has been or is permitted to be issued for construction of a single family detached unit without further subdivision of the lot and for which no further subdivision of the lot is anticipated pursuant to the Tentative Map. "Single Family Attached Property" means, in any Fiscal Year, all Parcels of Developed Property for which a building permit was issued for construction of a residential structure consisting of two or more Units that share common walls and are offered or expected to be offered as for-sale units, including, but not limited to, such residential structures that meet that statutory definition of a condominium contained in Civil Code Section 1351. "Single Family Detached Property" means, in any Fiscal Year, all Parcels of Developed Property for which a building permit was issued or is permitted to be issued for constriction of a Unit that does not share a common wall with another Unit,including detached Fractional Units. "Special Tax"means a Special Tax levied in any Fiscal Year to pay the Special Tax Requirement. "Special Tax Requirement" means the amount necessary in any Fiscal Year to: (i) pay principal and interest on Bonds which is due in the calendar year that begins in such Fiscal Year;(ii)create and/or replenish reserve funds for the Bonds; (iii)cure any delinquencies in the payment of principal or interest on Bonds which have occurred in the prior Fiscal Year or,based on existing delinquencies in the payment of Special Taxes, are expected to occur in the Fiscal Year in which the tax will be collected; (iv)pay Administrative Expenses; and (v) pay the costs of public improvements and public infrastructure authorized to be financed by CFD No. 04-1. The amounts referred to in clauses (i) and (ii) of the preceding sentence may be reduced in any Fiscal Year by: (i) interest earnings on or surplus balances in funds and accounts for the Bonds to the extent that such earnings or balances are available to apply against debt service pursuant to a Bond indenture, Bond resolution, or other legal document that sets forth these terms; (ii) proceeds received by CFD No. 04-1 from the collection of penalties associated with delinquent Special Taxes; and (iii) any other revenues available to pay debt service on the Bonds as determined by the Administrator. "Taxable Property" means all of the Assessor's Parcels within the boundaries of CFD No. 04-1 which are not exempt from the Special Tax pursuant to law or Section G below. "Tax Zone"means one of the two mutually exclusive geographic areas defined below and identified in Attachment 2 of this Rate and Method of Apportionment of Special Tax, and any subsequent Tax Zones created to contain property annexed into the CFD after CFD Formation. "Tax Zone#V means the geographic area that is specifically identified in Attachment 2 of this Rate and Method of Apportionment of Special Tax as Tax Zone#1. "Tax Zone#2"means the geographic area that is specifically identified in Attachment 2 of this Rate and Method of Apportionment of Special Tax as Tax Zone#2. "TDPUD"means the Truckee Donner Public Utility District. A-4 Page 105 of 153 "Tentative Map"means the tentative subdivision map for the Gray's Crossing Planned Development approved by the Town on February 5,2004. "Town"means the incorporated Town of Truckee. "Undeveloped Property" means, in any Fiscal Year, all Parcels of Taxable Property within the CFD that are not Developed Property. "Unit"means(i)for Single Family Detached Property,an individual single-family detached unit, (ii)an individual Loft Unit, and (iii) for Single Family Attached Property, an individual residential unit within a duplex, triplex, fourplex,townhome,or condominium structure. B. DATA FOR ANNUAL ADMINISTRATION On or about July I of each Fiscal Year,the Administrator shall identify the current Assessor's Parcel numbers for all Parcels of Taxable Property. The Administrator shall also determine: (i)whether each Assessor's Parcel of Taxable Property is Developed Property or Undeveloped Property, (ii) for Developed Property, which Parcels are Single Family Detached Property, Single Family Attached Property,Loft Units,Golf Course Property and Non-Residential Property, (iii)for Parcels of Single Family Attached Property, the number of Units on each Parcel, (iv) for Single Family Detached Property, the size of each residential lot within Final Maps that have been recorded, (v) whether there are Parcels of Rental Property,Excess Public Property, or Parcels with Affordable Units, and(vi)the Special Tax Requirement. For Single Family Attached Property, the number of Units shall be determined by referencing the site plan, condominium plan, or other development plan. For Non-Residential Property that includes Loft Units, the Administrator shall reference the condominium map or other such development plan to determine the Building Square Footage, or if such map or plan is not available, the Administrator shall determine the Building Square Footage associated with the Loft Units and subtract the square footage thereof from the total Building Square Footage to determine the square footage that will be subject to the Maximum Special Tax for Non-Residential Property. If,in any Fiscal Year,an Assessor's Parcel includes both Developed Property and Undeveloped Property, the Administrator shall determine the Acreage associated with the Developed Property, subtract this Acreage from the total Acreage of the Assessor's Parcel, and use the remaining Acreage to calculate the Special Tax that will apply to Undeveloped Property within the Assessor's Parcel. In addition,the Administrator shall,on an ongoing basis,monitor whether changes in land use have been proposed that will affect the Expected Land Uses and whether Final Maps that have been proposed for approval by the Town are consistent with the Expected Land Uses. If changes to the Expected Land Uses are proposed,the Administrator shall apply the steps set forth in Section D below. C. MAXIMUM SPECIAL TAX L Single Family Detached Property The Maximum Special Tax for Single Family Detached Property for Fiscal Year 2004-05 is shown in Table I below: A-5 Page 106 of 153 TABLE 1 TDPUD CFD No.2004-1 Maximum Special Tax for Single Family Detached Property Maximum Special Tax in Maximum Special Tax Tax Zone#1 in Tax Zone#2 Type of Propert y Lot Size Fiscal Year 2004-05 * Fiscal Year 2004-05 Single Family Greater than $3,300 per $4,125 per Detached Property. 22,000 square feet SFD Lot SFD Lot Single Family 20,001 to 22,000 $3,200 per $4,000 per Detached Property___._ s uare feet SFD Lot SFD Lot Single Family 18,001 to 20,000 $3,100 per $3,875 per Detached Property square feet SFD Lot SFD Lot Single Family 16,001 to 18,000 $3,000 per $3,750 per Detached Property square feet SFD Lot SFD Lot Single Family 14,001 to 16,000 $2,900 per $3,625 per Detached Property sclIjaLefieet SFD Lot SFD Lot Single Family 12,001 to 14,000 $2,800 per $3,500 per Detached Property s uare feet SFD Lot SFD Lot Single Family 8,000 to 12,000 $2,700 per $3,375 per Detached Property square feet SFD Lot SFD Lot Single Family Less than $1,800 per $1,800 per Detached Property 8,000 square feet SFD Lot SFD Lot On July 1, 2005 and on each July I thereafter, the Maximum Special Taxes shown in Table I above shall be increased by an amount equal to two percent(2%)of the amount in effect for the prior Fiscal Year. The square footage of SFD Lots shall be determined by reference to County Assessor's Parcel Maps or,to the extent such Maps do not reflect square footage of the SFD Lots, by reference to the lot size summary provided by the engineering firm that produced the Final Map. 2. Single Family Attached Property The Maximum Special Tax for Single Family Attached Property for Fiscal Year 2004-05 is $1,800 per Unit. On July 1,2005 and on each July I thereafter,this Maximum Special Tax shall be increased by an amount equal to two percent(21/6)of the amount in effect for the prior Fiscal Year. 3. Loft Units The Maximum Special Tax for Loft Units for Fiscal Year 2004-05 is$1,200 per Unit. On July 1,2005 and on each July 1 thereafter, this Maximum Special Tax shall be increased by an amount equal to two percent (2%) of the amount in effect for the prior Fiscal Year. 4. Non-Residential Property The Maximum Special Tax for Non-Residential Property for Fiscal Year 2004-05 is $2.50 per square foot of Building Square Footage, On July 1, 2005 and on each July I thereafter, this Maximum Special Tax shall be increased each Fiscal Year thereafter by an amount equal to two percent(2%)of the amount in effect the prior Fiscal Year. A-6 Page 107 of 153 5. Golf Course Property The Maximum Special Tax assigned to Golf Course Property for Fiscal Year 2004-05 is$200,000, On July 1,2005 and on each July 1 thereafter, this Maximum Special Tax shall be increased each Fiscal Year thereafter by an amount equal to two percent(2%)of the amount in effect the prior Fiscal Year. If the Golf Course Property is fully contained within one Assessor's Parcel, the Maximum Special Tax identified above shall be collected from the Parcel. If the Golf Course Property is spread over more than one Assessor's Parcel, the following steps shall be applied in the first Fiscal Year in which the Golf Course Property is Developed Property to determine the Maximum Special Tax to be assigned to each Parcel: Step 1: Multiply the total Maximum Special Tax assigned to the Golf Course Property by fifty percent(50%); Step 2: Determine the combined Acreage of all Assessor's Parcels on which the clubhouse, pro shop,driving range,parking lot,and other outbuildings are located; Step 3: Divide the amount determined in Step 1 by the Acreage identified in Step 2 to calculate a per-acre Special Tax; Step 4: Multiply the per-acre Special Tax calculated in Step 3 by the Acreage of each Assessor's Parcel on which the clubhouse, pro shop, driving range, parking lot, and other outbuildings are located to calculate the Maximum Special Tax for each of the Parcels; Step 5: Determine the combined Acreage of all Assessor's Parcels of Golf Course Property that were not included in the Acreage calculated in Step 2 above; Step 6: Divide the amount determined in Step 1 by the Acreage calculated in Step 5 to calculate a per-acre Special Tax; Step 7. Multiply the per-acre Special Tax calculated in Step 6 by the Acreage of each Assessor's Parcel included in the figure determined in Step 5 to calculate the Maximum Special Tax for each of the Parcels. The Maximum Special Tax determined for each Assessor's Parcel of Golf Course Property pursuant to the steps set forth above shall be increased on July 1 of the following Fiscal Year, and on each July 1 thereafter, by an amount equal to two percent (2%) of the amount in effect the prior Fiscal Year. If an Assessor's Parcel of Golf Course Property is further subdivided or otherwise reconfigured, the Maximum Special Tax assigned to the Parcel shall be allocated to the new Parcels on an Acreage basis. 6. Undeveloped Property The Maximum Special Tax for Undeveloped Property for Fiscal Year 2004-05 is$I 7,500 per Acre On July 1, 2005 and on each July I thereafter, this Maximum Special Tax shall be increased by an amount equal to two percent(2%) of the amount in effect for the prior Fiscal Year. D. BACK-UP FORMULA The Maximum Special Taxes set forth in Section C above were calculated based on the Expected Land Uses at CFD Formation. The Administrator shall review Tentative Map revisions and other changes to the land uses within the CFD and compare the revised land uses to the Expected Land Uses to evaluate the impact on the Expected Maximum Special Tax Revenues. In addition,the Administrator shall review Final Maps to ensure they reflect the number and size of SFD Lots that were anticipated in the Tentative Map, A-7 Page 108 of 153 If, prior to the Final Bond Sale, a change to the Expected Land Uses (a "Land Use/Entitlement Change") is proposed that will result in a reduction in the Expected Maximum Special Tax Revenues, no action will be needed pursuant to this Section D as long as the reduction in Expected Maximum Special Tax Revenues does not reduce debt service coverage on outstanding Bonds below the amount committed to in the Bond documents.Upon approval of the Land Use/Entitlement Change, the Administrator shall update Attachment I to show the reduced Expected Maximum Special Tax Revenues, and the reduced Expected Maximum Special Tax Revenues shall be the amount used to by the TDPUD to make future decisions with respect to Bonds. If a proposed Land Use/Entitlement Change would reduce the debt service coverage required on outstanding Bonds or if the Land Use/Entitlement Change is proposed after the Final Bond Sale,the following steps shall be applied: Step I: By reference to Attachment I (which will be updated by the Administrator each time a Land Use/Entitlement Change has been processed according to this Section D), the Administrator shall identify the Expected Maximum Special Tax Revenues for CFD No. 04-1; Step 2: The Administrator shall calculate the Maximum Special Tax revenues that could be collected from property in the CFD if the Land Use/Entitlement Change is approved; Step 3: If the amount determined in Step 2 is higher than that calculated in Step 1, the Land Use/Entitlement Change may be approved without further action. If the revenues calculated in Step 2 are less than those calculated in Step 1,and if: (a) The landowner does not withdraw the request for the Land Use/Entitlement Change that was submitted to the Town;or (b) Before approval of the Land Use/Entitlement Change,the landowner requesting the Land Use/Entitlement Change does not prepay a portion of the Special Tax for the CFD in an amount that corresponds to the lost Maximum Special Tax revenue,as determined by applying the steps set forth in Section H below; then, the amount of the prepayment determined in Step 3.b shalt be allocated on a per-acre basis and included on the next property tax bill for all Assessor's Parcels within the property affected by the Land Use/Entitlement Change. The amount allocated to each Assessor's Parcel shall be added to and,until paid, shall be a part of,the Maximum Special Tax for the Assessor's Parcel. If multiple Land Use/Entitlement Changes are proposed at one time (which may include approval of multiple Final Maps at one time), the Administrator may consider the combined effect of all the Land Use/Entitlement Changes to determine if there is a reduction in Expected Maximum Special Tax Revenues that necessitates implementation of Step 3.b. If, based on this comprehensive analysis, the Administrator determines that there is a reduction in Expected Maximum Special Tax Revenue, and all of the Land UselEnddement Changes are being proposed by the same land owner, the Administrator shall determine the required prepayment(pursuant to Step 3.b)by analyzing the combined impact of all of the proposed Land Use/Entitlement Changes. Notwithstanding the foregoing, if the Administrator analyzes the combined impacts of multiple Land Use/Entitlement Changes, and the Town subsequently does not approve one or more of the Land Use/Entitlement Changes that was proposed,the Administrator shall once again apply the three steps set forth above to determine the combined impact of those Land Use/Entitlement Changes that were approved simultaneously by the Town. If, based on the comprehensive analysis, the Administrator determines that there is a reduction in Expected Maximum Special Tax Revenue, and the Land Use/Entitlement Changes are not all being proposed by the same land owner, the Administrator shall consider the proposed Land Use/Entitlement Changes individually to determine the required prepayment from each owner. A-8 Page 109 of 153 E. METHOD OF LEVY OF THE SPECIAL TAX Each Fiscal Year,the Administrator shall determine the Special Tax Requirement to be collected in that Fiscal Year, and the Special Tax shall be levied according to the steps outlined below. Step 1: The Special Tax shall be levied Proportionately on each Parcel of Developed Property within the CFD that is Single Family Detached Property, Single Family Attached Property, or a Loft Unit up to 100% of the Maximum Special Tax for each Parcel for such Fiscal Year until the amount levied on such Developed Property is equal to the Special Tax Requirement prior to applying any Capitalized Interest that is available in the CFD accounts. Step 2. If additional revenue is needed after Step 1,and after applying Capitalized Interest to the Special Tax Requirement,the Special Tax shall be levied Proportionately on each Parcel of Developed Property within the CFD that is Non-Residential Property up to 100% of the Maximum Special Tax for such Developed Property for such Fiscal Year determined pursuant to Section C. Step 3: If additional revenue is needed after Step 2, the Special Tax shall be levied Proportionately on each Parcel of Developed Property within the CFD that is Golf Course Property up to 100%of the Maximum Special Tax for such Developed Property for such Fiscal Year determined pursuant to Section C. Step 4: If additional revenue is needed after Step 3, the Special Tax shall be levied Proportionately on each Assessor's Parcel of Undeveloped Property within the CFD,up to 100% of the Maximum Special Tax for Undeveloped Property for such Fiscal Year determined pursuant to Section C_ Step 5. If additional revenue is needed after Step 4, the Special Tax shall be levied Proportionately on each Parcel of Association Property within the CFD, up to 100% of the Maximum Special Tax for Undeveloped Property for such Fiscal Year determined pursuant to Section C. Step 6: If additional revenue is needed after Step 5, the Special Tax shall be levied Proportionately on each Assessor's Parcel of Excess Public Property, exclusive of property exempt from the Special Tax pursuant to Section G below, up to 10011/o of the Maximum Special Tax for Undeveloped Property for such Fiscal Year determined pursuant to Section C. F. COLLECTION OF SPECIAL TAX The Special Taxes for CFD No. 04-1 shall be collected in the same manner and at the same time as ordinary ad valorem property taxes, provided, however, that prepayments are permitted as set forth in Section H below and provided further that the TDPUD may directly bill the Special Tax,may collect Special Taxes at a different time or in a different manner, and may collect delinquent Special Taxes through foreclosure or other available methods. The Special Tax for Fractional Units may be billed either directly to individual fractional share owners or to a homeowners association,which shall then bill the individual fractional share owners;non-payment of Special Taxes billed by the homeowners association shall result in interest and penalties, and the fractional ownership shall be subject to foreclosure proceedings as set forth in the Bond covenants. The Special Tax shall be levied and collected until principal and interest on Bonds have been repaid,TDPUD's costs of constructing or acquiring authorized facilities from Special Tax proceeds have been paid, and all administrative expenses have been reimbursed. However, in no event shall a Special Tax be levied after Fiscal Year 204344. Pursuant to Section 53321 (d) of the Act, the Special Tax levied against a Parcel used for private residential purposes shall under no circumstances increase more than ten percent(10%) as a consequence of delinquency or A-9 Page 110 of 153 default by the owner of any other Parcel or Parcels and shall,in no event,exceed the Maximum Special Tax in effect for the Fiscal Year in which the Special Tax is being levied. G. EXEMPTIONS Notwithstanding any other provision of this Rate and Method of Apportionment of Special Tax,no Special Tax shall be levied on up to 42.2 acres of Public Property,237.7 acres of Association Property, 2 acres of property on which Lodge Units have been or,based on building permits that have been issued,are expected to be built,0.67 of an acre of Center for the Arts Property,Fitness Facility Property, and 9 acres of Church Property. A separate amount of public acreage may be exempted each time property annexes into CFD No. 04-1, and such additional exemption shall only apply to property within the annexation area. A Special Tax may be levied on Excess Public Property pursuant to Step 5 of Section E; however, a public agency may prepay or cause the prepayment of the special tax obligation on land conveyed to it that would be classified as Excess Public Property. In addition,no Special Tax shall be levied in any Fiscal Year on Rental Property or Affordable Units. H. PREPAYMENT OF SPECIAL TAX The following definitions apply to this Section H: "Outstanding Bonds" means all Previously Issued Bonds which remain outstanding, with the following exception: if a Special Tax has been levied against, or already paid by, an Assessor's Parcel making a prepayment,and a portion of such Special Tax will be used to pay a portion of the next principal payment on the Bonds that remain outstanding (as determined by the Administrator), that next principal payment shall be subtracted from the total Bond principal that remains outstanding,and the difference shall be used as the amount of Outstanding Bonds for purposes of this prepayment formula. "Previously Issued Bonds"means all Bonds that have been issued on behalf of the CFD prior to the date of prepayment. "Public Facilities Requirements" means either $24,000,000 in 2004 dollars, which shall increase on January 1, 2005, and on each January 1 thereafter by the percentage increase, if any, in the construction cost index for the San Francisco region for the prior twelve (12) month period as published in the Engineering News Record or other comparable source if the Engineering News Record is discontinued or otherwise not available, or such other number as shall he determined by the TDPUD to be an appropriate estimate of the net construction proceeds that will be generated from all Bonds that have been or are expected to be issued on behalf of CFD No. 2004-1. The Public Facilities Requirements shown above may be adjusted or a separate Public Facilities Requirements identified each time property annexes into CFD No. 04.1; at no time shall the added Public Facilities Requirement for that annexation area exceed the amount of public improvement costs that are expected to be supportable by the Maximum Special Tax revenues generated within that annexation area. In addition, the Public Facilities Requirement may be adjusted if the total number of Units authorized to be constructed within the CFD is increased by the Town; this adjustment to the Public Facilities Requirement shall not exceed the amount of public improvement costs that are expected to be supportable by the Maximum Special Tax revenues generated by the additional number of Units approved by the Town. "Remaining Facilities Costs" means the Public Facilities Requirements (as defined above), minus public facility costs funded by Outstanding Bonds(as defined above),developer equity,and/or any other source of funding. The Special Tax obligation applicable to an Assessor's Parcel in the CFD may be prepaid and the obligation of the Assessor's Parcel to pay the Special Tax permanently satisfied as described herein,provided that a prepayment may be made only if there are no delinquent Special Taxes with respect to such Assessor's Parcel at the time of prepayment. An owner of an Assessor's Parcel intending to prepay the Special Tax obligation shall provide the TDPUD with written notice of intent to prepay. Within 30 days of receipt of such written notice, the TDPUD or its designee shall notify such owner of the prepayment amount for such Assessor's Parcel. Prepayment must be made A-10 Page 111 of 153 not less than 75 days prior to any redemption date for Bonds to be redeemed with the proceeds of such prepaid Special Taxes. The Prepayment Amount shall be calculated as follows:(capitalized terms as defined below): Bond Redemption Amount plus Remaining Facilities Amount plus Redemption Premium plus Defeasance Requirement plus Administrative Fees and Expenses less Reserve Fund Credit equals Prepayment Amount As of the proposed date of prepayment,the Prepayment Amount shall be determined by application of the following steps: Step 1. Compute the total Maximum Special Tax that could be collected from the Assessor's Parcel prepaying the Special Tax in the Fiscal Year in which prepayment would be received by the TDPUD or, in the event of a prepayment pursuant to Step 3.b in Section D, compute the amount by which the Maximum Special Tax revenues would be reduced by the Land Use/Entitlement Change and use the amount of this reduction as the figure for purposes of this Step 1. Step 2. Divide the Maximum Special Tax from Step 1 by the then-current Expected Maximum Special Tax Revenues for the CFD. Step 3. Multiply the quotient computed pursuant to Step 2 by the Outstanding Bonds to compute the amount of Outstanding Bonds to be retired and prepaid (the "Bond Redemption Amount'. Step 4. Compute the current Remaining Facilities Costs(if any). Step 5. Multiply the quotient computed pursuant to Step 2 by the amount determined pursuant to Step 4 to compute the amount of Remaining Facilities Costs to be prepaid (the "Remaining Facilities Amount"}. Step 6. Multiply the Bond Redemption Amount computed pursuant to Step 3 by the applicable redemption premium, if any, on the Outstanding Bonds to be redeemed (the `Redemption Premium'j. Step 7. Compute the amount needed to pay interest on the Bond Redemption Amount starting with the first Bond interest payment date after which the prepayment has been received until the earliest redemption date for the Outstanding Bonds, which, depending on the Bond offering document,may be as early as the next interest payment date. Step 8: Compute the amount of interest the TDPUD reasonably expects to derive from reinvestment of the Bond Redemption Amount plus the Redemption Premium from the first Bond interest payment date after which the prepayment has been received until the redemption date for the Outstanding Bonds. Step 9: Take the amount computed pursuant to Step 7 and subtract the amount computed pursuant to Step 8(the "Defeasance Requirement"). Step 10. Determine the costs of computing the prepayment amount,the costs of redeeming Bonds, and the costs of recording any notices to evidence the prepayment and the redemption (the Administrative Fees and Expenses'). A-11 Page 112 of 153 Step 11. If and to the extent so provided in the indenture pursuant to which the Outstanding Bonds to be redeemed were issued,a reserve find credit shall be calculated as a reduction in the applicable reserve fund for the Outstanding Bonds to be redeemed pursuant to the prepayment(the"Reserve Fund Credit'). Step 12. The Special Tax prepayment is equal to the sum of the amounts computed pursuant to Steps 3, 5,6, 9,and 10,less the amount computed pursuant to Step 11 (the `Prepayment Amount"). A partial prepayment may be made in an amount equal to any percentage of full prepayment desired by the party making a partial prepayment. The Maximum Special Tax that can be levied on an Assessor's Parcel after a partial prepayment is made is equal to the Maximum Special Tax that could have been levied prior to the prepayment, reduced by the percentage of a full prepayment that the partial prepayment represents,all as determined by or at the direction of the Administrator. I. INTERPRETATION OF SPECIAL TAX FORMULA The TDPUD reserves the right to make minor administrative and technical changes to this document that do not materially affect the rate and method of apportioning Special Taxes. In addition, the interpretation and application of any section of this document shall be left to the TDPUD's discretion. Interpretations may be made by the TDPUD by ordinance or resolution for purposes of clarifying any vagueness or ambiguity in this Rate and Method of Apportionment of Special Tax. A-12 Page 113 of 153 r TRUCKEE DONNER PUBLIC UTILITY DISTRICT Community Facilities District No. 04-1 (Gray's Crossing) Special Tax Bonds Series 2004 $15y375,000 Dated: September 14, 2004 Series 2005 $19,155,000 Dated: July 13, 2005 Nevada County, California Base CUSIP+: 897817 DRAFT FOR DISCUSSION PURPOSES ONLY 2022/2023 ANNUAL CONTINUING DISCLOSURE INFORMATION STATEMENT .� DECEMBER 15, 2023 :11 M. . . W I LLDAN + Copyright,American Bankers Association. CUSIP data is provided by CUSIP Global Services(formerly known as CUSIP Service Bureau,a division of The McGraw-Hill Companies, Inc.),which is managed on behalf of the American Bankers Association by S&P Global Market Intelligence.This data is not intended to create a database and does not serve in any way as a substitute for the CUSIP service. The issuer takes no responsibility for the accuracy of such number. Page 114 of 153 DRAFT FOR DISCUSSION PURPOSES ONLY NA/WI LLDAN LIST OF PARTICIPANTS TRUCKEE DONNER PUD. . . Michael R. Salmon DISTRICT Chief Financial Officer/ Treasurer 11570 Donner Pass Road Truckee, California 96161 (530) 582-3959 ADMINISTRATION DISCLOSURE • DISSEMINATION irWilldan Financial Services* UNDERWRITER Temecula, California 92590 (951) 587-3500 www.Willdan.com UBS Financial Services Inc. BOND COUNSEL Stradling Yocca Carlson & Rauth, a Professional Corporation Newport Beach, California The Bank of New York Mellon Corporate Trust Los Angeles, California (213) 630-6145 In its role as Disclosure Consultant and Dissemination Agent, Willdan Financial Services has not passed upon the accuracy, completeness or fairness of the statements contained herein. Page 115 of 153 DRAFT FOR DISCUSSION PURPOSES ONLY WrW I LLDAN L INTRODUCTION Pursuant to Official Statements dated August 31, 2004 and June 21, 2005, respectively, the Truckee Donner Public Utility District ("TDPUD") Community Facilities District No. 04-1 (Gray's Crossing) issued $15,375,000 Special Tax Bonds, Series 2004 ("Series 04 Bonds") and $19,155,000 Special Tax Bonds, Series 2005 ("Series 05 Bonds"), (collectively, the "Bonds"). The Bonds were issued to construct and acquire various public improvements needed with respect to the development within TDPUD's, Community Facilities District No. 04-1 (the "District"), to fund the Reserve Account securing the Bonds, to fund capitalized interest on the Bonds and to pay costs of issuance of the Bonds. The Series 05 Bonds were issued on parity with the Series 04 Bonds. The District is located in Nevada County in the Town of Truckee, California. The Town of Truckee lies just north of the Lake Tahoe Basin; however, due to its location, proximity and recreational orientation, it is identified as a Lake Tahoe community. The Town of Truckee is located on Interstate 80 near the California - Nevada State line. The District consists of approximately 757.2 gross acres and is located north of Interstate 80 in the eastern portion of the Town of Truckee, on both the east and the west sides of Highway 89. The District is developing into a mountain resort community that was originally planned at the time of formation to include 408 single-family lots, 89 freestanding cottages, 115 attached townhomes, 21 residential lofts, 40,700 square feet of commercial and community space, as well as on-site amenities. The development in the District is known as "Gray's Crossing." On August 20, 2019, the Town of Truckee Planning Commission approved a Tentative Map to re-subdivide the existing Final Map No. 02-007, called the Village at Gray's Crossing Phase I Subdivision Map, into seven commercial lots, three common space/open space lots, one right-of-way lot, 24 townhome lots, 21 condominiumized lofts, one fourplex lot with four condominiumized units, and associated easements and public improvements including realignment of the Class I trail, bus shelter on Edwin Way, and an offsite bus turnout on the south side of Henness Road. The Bonds are limited obligations of the District payable solely from Net Taxes, as defined within the Official Statement, pledged and from certain other amounts held in the Special Tax Fund pursuant to the Indenture. The faith and the credit of neither the District, TDPUD, the State of California nor any political subdivision thereof is pledged to the payment of the principal of, premium, if any, or interest of the Bonds. The issuance of the Bonds shall not directly, indirectly or contingently obligate the District, TDPUD, the State of California or any political subdivision thereof to levy or pledge any form of taxation whatsoever other than the Special Taxes, or to make any appropriation for their payment other than from Net Taxes and from certain other amounts held in the Special Tax Fund. This Annual Continuing Disclosure Information Statement (the "Report") is being provided pursuant to covenants made by the District for the benefit of the holders of the Bonds and includes the information specified in the Continuing Disclosure Certificates for the Bonds. For 2022/2023 CFD 04-1 (Gray's Crossing) Page 1 of 7 Page 116 of 153 DRAFT FOR DISCUSSION PURPOSES ONLY ')VW I LLDAN further information and a more complete description of the District and the Bonds, reference is made to the Official Statements. The information set forth herein has been furnished by the TDPUD and by other sources, which is believed to be accurate and reliable but are not guaranteed as to accuracy or completeness. Statements contained in this Report which involve estimates, forecasts, or other matters of opinion, whether or not expressly so described herein, are intended solely as such and are not to be construed as representations of fact. Further, the information and expressions of opinion contained herein are subject to change without notice and the delivery of this Report will not, under any circumstances, create any implication that there has been no change in the affairs of the TDPUD or any other parties described herein. THIS REPORT IS OF A FACTUAL NATURE WITHOUT SUBJECTIVE ASSUMPTIONS, OPINIONS, OR VIEWS AND MAY NOT BE RELIED UPON AS ADVICE OR RECOMMENDATION TO PURCHASE OR SELL ANY PRODUCT OR UTILIZE ANY PARTICULAR STRATEGY RELATING TO THE ISSUANCE OF MUNICIPAL SECURITIES OR PURCHASE OF FINANCIAL PRODUCTS. IN PROVIDING THIS REPORT, WILLDAN FINANCIAL SERVICES AND ITS EMPLOYEES (COLLECTIVELY "WILLDAN") DO NOT RECOMMEND ANY ACTIONS AND ARE NOT ACTING AS AN ADVISOR TO ANY MUNICIPAL ENTITY, BOARD, OFFICER, AGENT, EMPLOYEE OR OBLIGATED PERSON PURSUANT TO SECTION 15B OF THE EXCHANGE ACT UNLESS SPECIFICALLY AGREED TO IN A SEPARATE WRITING WITH THE RECIPIENT. PRIOR TO ACTING ON ANY INFORMATION OR MATERIAL CONTAINED IN THIS REPORT, YOU SHOULD DISCUSS IT WITH APPROPRIATE INTERNAL OR EXTERNAL ADVISORS AND EXPERTS AND ONLY RELY UPON THEIR ADVICE. 2022/2023 CFD 04-1 (Gray's Crossing) Page 2 of 7 Page 117 of 153 DRAFT FOR DISCUSSION PURPOSES ONLY NA/WI LLDAN II. BOND INFORMATION A. PRINCIPAL OUTSTANDING Bond Issue As of June 30, 2023 CFD 04-1 Gray's Crossing Special Tax Bonds Series 2004 $11,985,000 CFD 04-1 Gray's Crossing Special Tax Bonds Series 2005 14,500,000 Total 000 B. FUND BALANCES Fund Balances As of June 30, 2023 Special Tax Fund $1,442,141 Interest Account of the Special Tax Fund $0 Principal Account of the Special Tax Fund $0 Redemption Account of the Special Tax Fund $0 Prepayment Account of the Special Tax Fund $49,255 Administrative Expense Fund $4,861 Rebate Fund $0 Surplus Fund $0 Reserve Account of the Special Tax Fund $2,266,435 Reserve Requirement(1) $3,316,241 The Acquisition and Construction Funds for both Series 2004 and Series 2005,which includes the Costs of Issuance Account and the Project Account,are closed. (2)The Reserve Requirement means,as of any date of calculation by the District,an amount equal to the lowest of(i)10%of the original proceeds of the Bonds,less original issue discount, if any,plus original issue premium,if any,or(ii)Maximum Annual Debt Service, or(iii)125%of the average Annual Debt Service. Source:Fund Balances provided by Truckee Donner Public Utility District. C. SIGNIFICANT/LISTED EVENT — UNSCHEDULED DRAW ON DEBT SERVICE RESERVES On September 1, 2023, a draw on the Reserve Fund for $264,772.45 was performed in order to pay the September 1, 2023 Debt Service Payment on the Bonds. The District had insufficient funds to make the full debt service payment of $1,878,296.25 on the Series 2004 and Series 2005 Bonds. The unscheduled draw is due to a consistently high delinquency rate in the District. The notice for this significant event was filed with the Municipal Securities Rulemaking Board's Electronic Municipal Market Access website ("EMMA") on September 6, 2023. 2022/2023 CFD 04-1 (Gray's Crossing) Page 3 of 7 Page 118 of 153 DRAFT FOR DISCUSSION PURPOSES ONLY NA/WI LLDAN Ill. FINANCIAL INFORMATION TDPUD'S ANNUAL FINANCIAL STATEMENT IS PROVIDED SOLELY TO COMPLY WITH THE SECURITIES EXCHANGE COMMISSION STAFF'S INTERPRETATION OF RULE 15C2-12. NO FUNDS OR ASSETS OF TDPUD ARE REQUIRED TO BE USED TO PAY DEBT SERVICE ON THE BONDS AND TDPUD IS NOT OBLIGATED TO ADVANCE AVAILABLE FUNDS FROM TDPUD'S TREASURY TO COVER ANY DELINQUENCIES. INVESTORS SHOULD NOT RELY ON THE FINANCIAL CONDITION OF TDPUD IN EVALUATING WHETHER TO BUY, HOLD OR SELL THE BONDS. There will not be separate audited financial statements prepared for the District. The activities of the District are reported within TDPUD's audited financial statements. The audited financial statements for TDPUD for the fiscal year ended December 31, 2023 will be separately filed with EMMA and are hereby incorporated by reference into this Report. Per the Continuing Disclosure Agreement, the due date for dissemination of the Report is six months after the end of the District's fiscal year, commencing not later than January 1, 2005. However, the District's fiscal year ends December 31, 2023, not June 30, 2023. Therefore, the audited financial statements will be disseminated when completed by June 30, 2024 and still within the six months following the end of the District's fiscal year. 2022/2023 CFD 04-1 (Gray's Crossing) Page 4 of 7 Page 119 of 153 DRAFT FOR DISCUSSION PURPOSES ONLY -*NVW 1 LLDAN IV. OPERATING INFORMATION A. DELINQUENCY SUMMARY The following table sets forth a summary of the delinquent Annual Special Taxes within the District. DelinquentNumber of Delinquent Percent of Fiscal Number of Parcels Total Annual Special Tax Special Tax Year Parcels 2009/10 416 3 $2,239,928 $76,733 3.43% 2010/11 416 3 $2,330,364 $405,825 17.41% 2011/12 416 3 $2,390,301 $423,351 17.71% 2012/13 416 3 $2,473,472 $456,787 18.47% 2013/14 416 3 $2,529,460 $470,525 18.60% 2014/15 416 3 $2,569,162 $472,250 18.38% 2015/16 415 3 $2,599,116 $470,186 18.09% 2016/17 413 3 $2,639,727 $477,069 18.07% 2017/18 413 3 $2,482,162 $323,344 13.03% 2018/19 408 3 $2,505,684 $321,936 12.85% 2019/20 407 6 $2,579,312 $222,329 8.62% 2020/21 407 6 $2,605,423 $350,530 13.45% 2021/22 407 5 $2,655,726 $347,669 13.09% 2022/23 426 8 $2,933,651 $562,167 19.16% Amount delinquent as of September 25,2023. Source:Nevada County Tax Collector,as compiled by Willdan Financial Services. The following table lists the parcels delinquent over $2,500: AmountAssessor's First Year Parcel Number Delinquent Days Delinquent Delinquent(1) 019-770-002-000 2009/10 5,037 $2,322,577 019-800-001-000 2021/22 898 $4,298 019-840-002-000 2022/23 168 $2,678 019-840-028-000 2022/23 289 $5,177 019-850-022-000 2022/23 289 $5,177 019-870-011-000 2020/21 1,019 $4,976 019-900-020-000 2019/20 1,019 $5,491 043-010-005-000 2009/10 5,037 $1,114,953 043-010-007-000 2009/10 5,037 $1,896,701 043-020-018-000 2019/20 1,263 $2,692 043-020-029-000 2019/20 1,263 $5,548 043-040-012-000 2022/23 289 $5,892 Amount delinquent as of September 25,2023. 2022/2023 CFD 04-1 (Gray's Crossing) Page 5 of 7 Page 120 of 153 DRAFT FOR DISCUSSION PURPOSES ONLY -)VW I LLDAN Source:Nevada County Tax Collector,as compiled by Willdan Financial Services. B. FORECLOSURE PROCEEDINGS The District has covenanted to commence judicial foreclosure proceedings against all parcels where the aggregate delinquent Special Taxes on such parcels is greater than $7,500 by the October 1 following the close of each Fiscal Year in which such Special Taxes were due. The District will commence judicial foreclosure proceedings against all parcels with delinquent Special Taxes by the October 1 following the close of each Fiscal Year in which it receives Special Tax in an amount which is less than 95% of the total Special Tax levied for such Fiscal Year. The District is pursuing foreclosure actions on delinquent parcels pursuant to the Trust Agreement. On August 16, 2023, a Notice of Intent to Remove Delinquent Special Tax Installments from the Tax Roll was recorded with Nevada County for nine (9) delinquent parcels. One (1) parcel paid their Special Taxes on September 25, 2023. On September 7, 2023, eight (8) parcels were sent to the Foreclosure Attorney for collection. As of the date of this Report, the eight (8) parcels remain delinquent. All are in the process of Foreclosure (see listing below). Assessor's Parcel Number First Year Delinquent Amount Delinquent 019-770-002-000 2009/10 $2,322,577.15 019-840-002-000 2022/23 $2,677.96 019-840-028-000 2022/23 $5,177.38 019-850-022-000 2022/23 $5,177.38 043-010-005-000 2009/10 $1,114,953.02 043-010-007-000 2009/10 $1,896,701.12 043-020-029-000 2019/20 $5,548.22 043-040-012-000 2022/23 $5,891.50 Amount delinquent as of September 25,2023. Source:Nevada County Tax Collector,as compiled by Willdan Financial Services. C. VALUE TO LIEN RATIOS The following table sets forth the Assessed Value to Lien Ratio for the properties within the District based on land use. 2022/2023 CFD 04-1 (Gray's Crossing) Page 6 of 7 Page 121 of 153 DRAFT FOR DISCUSSION PURPOSES ONLY NA/WI LLDAN 2023/24 2023/24 2023/24 Total Value-to- Maximum Percent of Applied Parcel Assessed Lien of Lien Special Maximum Special Category Count Value(1) Bonds (2) Ratio Tax Special Tax Tax Residential (3) 383 $432,809,137 $15,407,096 28.09 $1,967,824 58.17% $1,967,822 Golf Course 6 2,787,711 2,281,223 1.22 291,362 8.61% 291,362 Undeveloped(4) 36 6,147,866 8,796,681 0.70 1,123,529 33.21% 773,585 111 16.68 $3,382,716 100.00% $3,032,770 f (')Calculated as the pro-rata share of the Maximum Tax times the principal outstanding on the Bonds as of June 30,2023. (2)The Residential Category contains 175 parcels that have no structure value. 0)The Undeveloped Category contains 7 Commercial parcels. Source:Nevada County 2023124 Secured Property Roll, as compiled by Willdan Financial Services. D. PRINCIPAL PROPERTY OWNERS The following table sets forth the principal property owners within the District for Fiscal Year 2023/24. The information in this table is based on the Nevada County 2023/24 Secured Property Roll and does not reflect any subsequent development and change of ownership, nor any increase in assessed value due to recent changes of ownership or re-assessments by the Nevada County Assessor. Assessed Value 1 Maximum Applied Parcel Special Special Property Owner Count Tax Tax Land Structure Total Siddiqui Family Partnership LP(1) 2 $551,185 $379,508 $1,161,550 $0 $1,161,550 Dk Alviso LLC(1) 1 300,067 206,606 525,588 0 525,588 Tahoe Club Co. LLC 6 291,362 291,362 982,128 1,805,583 2,787,711 Gray's Crossing Investments LLC (1) 7 94,838 65,299 971,735 0 971,735 Village at Gray's Crossing LLC(1) 25 90,249 62,139 2,740,800 0 2,740,800 Gray's Crossing Land Holdings LLC(1) 1 87,190 60,033 748,193 0 748,193 Investment Specialty Group LLC 7 39,334 39,334 2,053,378 4,269,090 6,322,468 Greenstein Martin R Trste Etal 8 34,089 34,089 290,637 861,995 1,152,632 Case John S Trste Etal 3 15,843 15,843 481,168 1,987,170 2,468,338 Rahimian Javad &Shirin Trstes 2 11,654 11,654 256,088 2,881,908 3,137,996 Other Property Owners 363 1,866,903 1,866,902 74,720,023 345,007,680 419,727,703 $3,032,770 (1)Parcels are categorized as undeveloped. Note:Totals may not tie due to rounding. Source:Nevada County 2023124 Secured Roll as compiled by Willdan Financial Services. E. CHANGES TO THE RATE AND METHOD OF APPORTIONMENT There have been no changes to the Rate and Method of Apportionment of Special Tax approved or submitted to qualified electors for approval prior to the filing of the Report. 2022/2023 CFD 04-1 (Gray's Crossing) Page 7 of 7 Page 122 of 153 DRAFT FOR DISCUSSION PURPOSES ONLY *"WI LLDAN F. CALIFORNIA DEBT INVESTMENT ADVISORY COMMISSION (CDIAC) REPORT Copies of the most recent State of California Debt and Investment Advisory Commission Mello-Roos Yearly Status Reports for the Bonds are attached to this Report. 2022/2023 CFD 04-1 (Gray's Crossing) Page 8 of 7 Page 123 of 153 MELLO ROOS REPORT�Ew*Tf CDIAC#: 2004-1553 ,E � c J California Debt and Investment Advisory Commission, 915 Capitol Mall, Status: Submitted '' Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 10/23/2023 4rorty�. 94209-0001 Tel.: (916)653-3269 Fax: (916)654-7440 Information as of Reporting Year End: 06/30/2023 Issuance Issuer Name: Truckee Donner Public Utility District CFD No 04-1 Issue Name: 2004 Special Tax Bonds Project Name: Gray's Crossing Actual Sale Date: 08/31/2004 Settlement Date: 09/14/2004 Original Principal Amount: $15,375,000.00 Date of Filing: 10/18/2023 Reserve Fund Minimum Balance: Yes Reserve Fund Minimum Balance Amount: $1,520,876.24 Credit Rating from Report of Final Sale Credit Rating: Not Rated Standard&Poor: Fitch: Moody's: Other: Credit Rating from Mello-Roos Last Yearly Fiscal Status Report Credit Rating: Not Rated Standard&Poor: Fitch: Moody's: Other: Credit Rating for This Reporting Period Credit Rating: Not Rated Standard&Poor: Page 1 of 3 Page 124 of 153 MELLO ROOS REPORT�Ew*Tf CDIAC#: 2004-1553 ,E � c J California Debt and Investment Advisory Commission, 915 Capitol Mall, Status: Submitted '' Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 10/23/2023 4rorty�. 94209-0001 Tel.: (916)653-3269 Fax: (916)654-7440 Fitch: Moody's: Other: Fund Balance Principal Amount of Bonds Outstanding: $11,985,000.00 Bond Reserve Fund: $1,039,419.79 Capitalized Interest Fund: $0.00 Construction Fund(s): $0.00 Assessed Value Assessed or Appraised Value Reported as of: 07/01/2023 Use Appraised Value only in first year or before annual tax roll billing commences: From Equalized Tax Roll Total Assessed Value of All Parcels: $441,744,714.00 Tax Collection Total Amount of Special Taxes Due Annually: $2,933,651.40 Total Amount of Unpaid Special Taxes Annually: $562,167.45 Does this agency participate in the County's Teeter Plan? No Delinquent Reporting Delinquent Parcel Information Reported as of Equalized Tax Roll of: 09/25/2023 Total Number of Delinquent Parcels: 14 Total Amount of Special Taxes Due on Delinquent Parcels: $5,380,700.86 Delinquency Parcel Reporting Document Type Document Name File Upload Date Delinquent Parcel Detail Report CFD 04-1 DQ Report v3.pdf 10/19/2023 Foreclosure Page 2 of 3 Page 125 of 153 MELLO ROOS REPORT�Ew*Tf CDIAC#: 2004-1553 ,E � c J California Debt and Investment Advisory Commission, 915 Capitol Mall, Status: Submitted '' Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 10/23/2023 4rorty�. 94209-0001 Tel.: (916)653-3269 Fax: (916)654-7440 Date Foreclosure Total Number of Foreclosure Total Amount of Tax on Foreclosure Commenced Parcels Parcels 08/16/2023 8 $562,167.45 Retired Issues Indicate Reason for Retirement: Not Retired Filing Contact Filing Contact Name: Richelle Lane Agency/Organization Name: Willdan Financial Services Address: 27368 Via Industria City: Temecula State: CA Zip Code: 92590 Telephone: 951-5873519 Fax Number: E-mail: rlane@willdan.com Comments Issuer Comments: Page 3 of 3 Page 126 of 153 MELLO ROOS REPORT�Ew*Tf CDIAC#: 2005-0453 ,E � c J California Debt and Investment Advisory Commission, 915 Capitol Mall, Status: Submitted '' Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 10/23/2023 4rorty�. 94209-0001 Tel.: (916)653-3269 Fax: (916)654-7440 Information as of Reporting Year End: 06/30/2023 Issuance Issuer Name: Truckee Donner Public Utility District CFD No 04-1 Issue Name: 2005 Special Tax Bonds Project Name: Gray's Crossing Actual Sale Date: 06/21/2005 Settlement Date: 06/21/2005 Original Principal Amount: $19,155,000.00 Date of Filing: 10/18/2023 Reserve Fund Minimum Balance: Yes Reserve Fund Minimum Balance Amount: $1,795,365.00 Credit Rating from Report of Final Sale Credit Rating: Not Rated Standard&Poor: Fitch: Moody's: Other: Credit Rating from Mello-Roos Last Yearly Fiscal Status Report Credit Rating: Not Rated Standard&Poor: Fitch: Moody's: Other: Credit Rating for This Reporting Period Credit Rating: Not Rated Standard&Poor: Page 1 of 3 Page 127 of 153 MELLO ROOS REPORT�Ew*Tf CDIAC#: 2005-0453 ,E � c J California Debt and Investment Advisory Commission, 915 Capitol Mall, Status: Submitted '' Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 10/23/2023 4rorty�. 94209-0001 Tel.: (916)653-3269 Fax: (916)654-7440 Fitch: Moody's: Other: Fund Balance Principal Amount of Bonds Outstanding: $14,500,000.00 Bond Reserve Fund: $1,227,014.97 Capitalized Interest Fund: $0.00 Construction Fund(s): $0.00 Assessed Value Assessed or Appraised Value Reported as of: 07/01/2023 Use Appraised Value only in first year or before annual tax roll billing commences: From Equalized Tax Roll Total Assessed Value of All Parcels: $441,744,714.00 Tax Collection Total Amount of Special Taxes Due Annually: $2,933,651.40 Total Amount of Unpaid Special Taxes Annually: $562,167.45 Does this agency participate in the County's Teeter Plan? No Delinquent Reporting Delinquent Parcel Information Reported as of Equalized Tax Roll of: 09/25/2023 Total Number of Delinquent Parcels: 14 Total Amount of Special Taxes Due on Delinquent Parcels: $5,380,700.86 Delinquency Parcel Reporting Document Type Document Name File Upload Date Delinquent Parcel Detail Report CFD 04-1 DQ Report v3.pdf 10/19/2023 Foreclosure Page 2 of 3 Page 128 of 153 MELLO ROOS REPORT�Ew*Tf CDIAC#: 2005-0453 ,E � c J California Debt and Investment Advisory Commission, 915 Capitol Mall, Status: Submitted '' Room 400, Sacramento, CA 95814 P.O. Box 942809, Sacramento, CA 10/23/2023 4rorty�. 94209-0001 Tel.: (916)653-3269 Fax: (916)654-7440 Date Foreclosure Total Number of Foreclosure Total Amount of Tax on Foreclosure Commenced Parcels Parcels 08/16/2023 8 $562,167.45 Retired Issues Indicate Reason for Retirement: Not Retired Filing Contact Filing Contact Name: Richelle Lane Agency/Organization Name: Willdan Financial Services Address: 27368 Via Industria City: Temecula State: CA Zip Code: 92590 Telephone: 951-5873519 Fax Number: E-mail: rlane@willdan.com Comments Issuer Comments: Page 3 of 3 Page 129 of 153 AGENDA ITEM #16 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: Brian Yohn, General Services Manager SUBJECT: Board of Directors Workshop Presentation with JK Architecture and Engineering for the 2024 Facilities Master Plan Update. Z_ APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Receive this informational workshop and provide feedback and direction to staff. BACKGROUND: At the June 5, 2019, Board of Directors meeting, the Board approved funding for a project for the design and development of a Facilities Master Plan. JK Architecture and Engineering (JKAE) was awarded the contract for the project. JKAE developed nine (9) facility development concepts and, in collaboration with District staff, performed an analysis to identify two viable development concept options, Options D2 and E3 — Option 2. Challenges with each of the selected development concepts and site locations were identified with each option. In addition to existing challenges, new challenges and considerations have been identified. Other considerations include the Town of Truckee updated General Plan, local land use considerations, CARB Advanced Clean Fleet adoption in 2023, ZEV charging or hydrogen fueling infrastructure, rooftop solar photovoltaic installation, battery storage solutions, and micro-grid system integration opportunities. At the February 7, 2024, Board of Directors Meeting, staff presented an informational workshop to provide an update of the Facility Master Plan project history and current DRAFT status. The Board provided feedback from the workshop presentation and discussion, which included interest in continuing to work with JKAE to bring the DRAFT 2020 Facilities Master Plan up to date to 2024 building code and development requirements, with consideration to alternative opportunities, and current and future regulatory constraints. The Board of Directors also provided feedback for staff to explore alternative properties for potential relocation and provide development concept options. Page 1 of 3 Page 130 of 153 At the April 3, 2024, Board of Directors meeting, the Board of Directors authorized the General Manager to contract with JKAE to update the 2020 Facility Master Plan Draft to the 2024 building code and development requirements with consideration to alternative opportunities, and current and future regulatory constraints, as well as consider a third development concept option considering relocation of the District to a new property sufficiently sized to develop a new campus to accommodate all District operations and provide future growth opportunities. ANALYSIS AND BODY: For the November 6, 2024, Board of Director Workshop, JKAE provides a Facility Master Plan 2024 Update with consideration to preferred Concept D2 and Concept E3 - Option 2, from the DRAFT 2020 Facility Master Plan updated to 2024, and will include three (3) new concept options (Schemes 1, 2, 3) which reflect Preliminary Development Study concept options considering the development of a new, larger property. • Development Concept 01 — Reflects a consolidated central campus where all operations, administration, customer service, support services, and warehouse inventory can be achieved on a single property. Open spaces are shared, and common area program blocks are clustered in proximity. Primary circulation pattern loops around centralized program blocks • Development Concept 02 — Reflects a consolidated central campus where all operations, administration, customer service, support services, and warehouse inventory can be achieved on a single property. Program blocks are placed in a sequential linear pattern along a common open area, with primary circulation pattern loops around linear program blocks. • Development Concept 03 — Reflects a split campus with the repurpose of the current location at Donner Pass Road and creating a new supplemental facility for operations. Primary public-based administrative functions remain on the current main campus property on Donner Pass Road. Utility operations and the remainder of utility programming are relocated to a separate new site. This concept includes demolition of an existing warehouse and operations building. Excess land at the current Donner Pass Road location was then converted to other uses to support the community. GOALS AND OBJECTIVES: District Code 1 .05.020 Objectives: 1. Responsibly serve the public. 2. Provide a healthy and safe work environment for all District employees. 3. Provide reliable and high quality water supply and distribution system to meet current and future needs. 4. Provide reliable and high quality electric supply and distribution system to meet current and future needs. 5. Manage the District in an environmentally sound manner. 6. Manage the District in an effective, efficient and fiscally responsible manner. Page 2 of 3 Page 131 of 153 District Code 1.05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. 3. Engage with our customers and communities in a welcoming and transparent way to identify opportunities. 4. Take the best of private sector thinking to modernize the utility and add value to our communities. 5. Developing an inclusive culture drives organizational integration and success. FISCAL IMPACT: There is no fiscal impact with this informational workshop. ATTACHMENTS: None Page 3 of 3 Page 132 of 153 AGENDA ITEM #17 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: SUBJECT: Consideration to Approve the Treasurer's Report for November 2024. ATTACHMENTS: 1. 2024-11 Treasurer's Report Page 1 of 1 Page 133 of 153 TRUCKEE DONNER PUBLIC UTILITY DISTRICT TREASURER'S REPORT November 6, 2024 Fund Balances for the Month August 31, 2024 And Disbursements for the Month September 30, 2024 (includes Government Code section 53065.5 items) Page 1 of 12 Page 134 of 153 TRUCKEE DONNER PUBLIC UTILITY DISTRICT Summary report of fund balances for the month ending August 31, 2024, and disbursements for September 2024. 1) REQUEST FOR APPROVAL OF DISBURSEMENTS and Check Summary The attached listing of checks and ACH payments issued during September 2024 total $4,563,280.73 in disbursements. 2) EMPLOYEE REIMBURSEMENT FOR INDIVIDUAL CHARGES Per Government Code 53065.5: Each special district, as defined by subdivision (a) of Section 56036, shall, at least annually, disclose any reimbursement paid by the district within the immediately preceding fiscal year of at least one hundred dollars ($100)for each individual charge for services or product received. "Individual charge" includes, but is not limited to, one meal, lodging for one day, transportation, or a registration fee paid to any employee or member of the governing body of the district. The disclosure requirement shall be fulfilled by including the reimbursement information in a document published or printed at least annually by a date determined by that district and shall be made available for public inspection. The Disbursements listing referenced in 1) includes above subject reimbursements information, as applicable. 3) STATEMENT OF GENERAL FUND: As of August 31, 2024, the balance in the General Fund was $16,084,698 (Electric $9,311,216 and Water $6,773,481). 4) FUNDS STATUS REPORT: The total of all funds held in cash and on deposit with US Bank, the Local Agency Investment Fund, Placer County Investment Fund, Utah Public Treasurers' Investment Fund and TVI Investments as of August 31 , 2024, was $53,989,852 ($37,891,013 Electric and $16,098,839 Water). 5) INVESTMENT STATUS REPORT: The majority of the District's investments are in California's Local Agency Investment Fund (LAIF), Utah Public Treasurers' Investment Fund (UPTIF)and the Placer County Investment Fund (PCIF). The earnings rates for the last 13 months were: LAIF PCIF UPTIF 1 YR T-BILL TVI August 2023 3.43% 2.95% 5.30% 5.11% 0.55% September 2023 3.53% 3.06% 5.43% 5.19% 0.55% October 2023 3.67% 3.11% 5.43% 5.14% 0.55% November 2023 3.84% 3.13% 5.49% 4.54% 0.55% December 2023 3.93% 3.31% 5.48% 4.55% 0.55% January 2024 4.01% 3.42% 5.48% 4.56% 0.55% February 2024 4.12% 3.45% 5.48% 4.76% 0.55% March 2024 4.27% 3.34% 5.44% 4.79% 0.55% April 2024 4.23% 3.61% 5.45% 4.99% 0.55% May 2024 4.33% 3.52% 5.43% 4.94% 0.55% June 2024 4.48% 3.65% 5.44% 4.86% 0.55% July 2024 4.52% 3.77% 5.43% 4.58% 0.55% August 2024 4.58% 3.80% 5.41% 4.23% 0.55% Page 2 of 12 Page 135 of 153 TRUCKEE DONNER PUBLIC UTILITY DISTRICT Request for Approval of Disbursements The disbursements of the Truckee Donner Public Utility District for the month of September 2024 totaled $4,563,280.73. A listing of those disbursements is attached. AP DISBURSEMENTS METRICS (excludes Payroll): Accounts Payable (A/P) Metrics $ A/P Disbursements 7,000,000.00 6,000,000.00 — 5,000,000.00 4,000,000.00 3,000,000.00 2,000,000.00 1,000,000.00 0.00 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ■2020 ■2021 ■2022 ■2023 ■2024 # A/P Payments Issued 400 350 — — — 300 — 250 200 150 100 50 0 ' Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ■2020 ■2021 ■2022 ■2023 ■2024 # A/P I nvoices Vouchered 1,200 — 1,000 800 600 400 200 Jill liffil 111rill 11 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ■2020 ■2021 ■2022 ■2023 2024 Page 3 of 12 Page 136 of 153 Truckee Donner Public Utility District Check Register CA September 2024 Gov.Code 53605.5 ChecklTran Date TYDe Vendor Vendor Name Item Reference Amount 6052 9/1/2024 WIRE 10360 AFLAC EMPLOYEE PAID INSURANCE $ 1,360.38 6063 9/1/2024 WIRE 10737 US BANK GOVERNMENT SERVICES CREDIT CARD PURCHASES 30,100.24 6064 9/1/2024 WIRE 11233 CALIPERS PROFESSIONAL SERVICES:GASB-68 700.00 6065 9/3/2024 WIRE 11233 CALIPERS PROFESSIONAL SERVICES:CALPERS SSA 130.00 43534 9/5/2024 DD 5440 ALTEC INDUSTRIES INC MATERIALS&SERVICES 6,231.21 43535 9/5/2024 DD 1537 AMAZON CAPITAL SERVICES,INC FACILITY SUPPLIES 3,487.40 43536 9/5/2024 DD 577 COOPERATIVE RESPONSE CENTER INC. ANSWERING SERVICE 4,228.72 43537 9/5/2024 DD 524 DE LAGE LANDEN OPERATIONAL SERVICES LLC XEROX COPIER LEASE 2,538.56 43538 9/5/2024 DD 640 EMPLOYER LYNX INC. PERSONNEL EXPENSES 229.00 43539 9/5/2024 DD 1167 ERPR,LLC PROFESSIONAL SERVICES:MARKETING 1,000.00 43540 9/5/2024 DD 736 FACTORY MOTOR PARTS MISC PARTS&SUPPLIES 40.42 43541 9/5/2024 DD 1562 FASTENERSINC MATERIALS&SERVICES 678.25 43542 9/5/2024 DD 3340 GENERAL PACIFIC INC EMPLOYEE UNIFORMS 1,657.13 43543 9/5/2024 DD 1577 HUNT&SONS,LLC FUEL/OIL FOR VEHICLES 6,540.91 43544 9/5/2024 DD 1305 1W WELDING SUPPLIES&TOOLS MATERIALS&SERVICES 393.24 43545 9/5/2024 DD 9636 SARAH KRAKER MEETING EXPENSES• 144.35 43546 9/5/2024 DD 9737 EMPLOYEE VISION REIMBURSEMENT 209.47 43547 9/5/2024 DD 617 MOUNTAIN EAP EMPLOYEE RELATIONS&WELLNESS PROGRAM 225.00 43548 9/5/2024 DD 4720 MOUNTAIN HARDWARE AND SPORTS MATERIALS&SERVICES 8.12 43549 9/5/2024 DD 5130 NCPA MEMBERSHIP DUES 8,794.00 43550 9/5/2024 DD 1079 O'REILLY AUTO PARTS REPAIRS&MAINTENANCE 208.06 43551 9/5/2024 DD 974 POPPULO LICENSING,MAINTENANCE&SUPPORT 15,336.00 43552 9/5/2024 DD 1371 RUPPERT,INC. 2023 PIPELINE REPLACEMENT PROJECT 45,117.00 43553 9/5/2024 DD 1787 SILVER STATE INTERNATIONAL TRUCKS REPAIRS&MAINTENANCE 225.78 43554 9/5/2024 DD 1357 SWIFT COMMUNICATIONS OF CALIFORNIA GENERAL ADVERTISEMENT 238.00 43555 9/5/2024 DD 1509 TAHOE INFORMATICS LLC BOARD MEETING EXPENSES 690.00 43556 9/5/2024 DD 26 THE BANK OF NEW YORK MELLON DEBT PAYMENTS MONTHLY FUNDINGS(3 COPS) 210,685.64 43557 9/5/2024 DD 1286 TYNDALE COMPANY INC EMPLOYEE UNIFORMS 7,218.19 43558 9/5/2024 DD 10584 LAMPS PURCHASED POWER-LAMPS 1,002,783.42 43559 9/5/2024 DD 2236 UNIFIRST EMPLOYEE UNIFORM CLEANING SERVICES 452.40 43560 9/5/2024 DD 1538 USA FLEET SOLUTIONS MISC PARTS&SUPPLIES 1,495.20 43561 9/5/2024 DD 320 W&T GRAPHIX SCREEN PRINTING& EMPLOYEE UNIFORMS 735.97 43562 9/5/2024 DD 9961 EMPLOYEE VISION REIMBURSEMENT 693.00 43563 9/5/2024 DD 630 WESTERN AREA POWER ADMINISTRATION ENVIRONMENTAL COMPLIANCE FEES 16.32 43564 9/5/2024 DD 816 WESTERN ENVIRONMENTAL TESTING WATER SAMPLE ANALYSIS 590.00 43565 9/5/2024 DD 7820 WESTERN NEVADA SUPPLY CO MATERIALS&SERVICES 12,470.92 134961 9/5/2024 CHK 134 ANIXTER INC. INVENTORY 2,541.27 134962 9/5/2024 CHK 657 AT&T COMMUNICATIONS 687.19 134963 9/5/2024 CHK 240 AUDIO ON-HOLD ON-HOLD PHONE SYSTEM 79.00 134964 9/5/2024 CHK 579 AWAXX SYSTEMS INC. BUILDING MAINTENANCE 98.10 134965 9/5/2024 CHK 44444 PATRICIA CHIN INCENTIVES-ELECTRIC PANELUPGRADE 1,000.00 134966 9/5/2024 CHK 1073 CLEAN MACHINE REPAIRS&MAINTENANCE 560.00 134967 9/5/2024 CHK 1518 COLUMN SOFTWARE PBC GENERAL ADVERTISEMENT 199.94 134968 9/5/2024 CHK 5661 DOORKING,INC BUILDING MAINTENANCE 43.95 134969 9/5/2024 CHK 348 EDGES ELECTRICAL GROUP PERSONAL CHARGE-G.SACKS 11.15 134970 9/5/2024 CHK 99999 IXSE V FELIX CUSTOMER REFUND-CLOSED ACCOUNT 225.04 134971 9/5/2024 CHK 341 HANSEN BROS.ENTERPRISES 2024 DISTRICT PIPELINE REPLACEMENT 470,086.84 134972 9/5/2024 CHK 99999 MR HIROTO HAYASHI CUSTOMER REFUND-CLOSED ACCOUNT 1,421.64 134973 9/5/2024 CHK 99999 MR GEO JAHANI CUSTOMER REFUND-CLOSED ACCOUNT 63.60 134974 9/5/2024 CHK 99999 MS KAELEIGH JOHNSON CUSTOMER REFUND-CLOSED ACCOUNT 5.00 134975 9/5/2024 CHK 1067 LAKESIDE PAVING&SEALING CONTRACT SVCS:PAVING/SLURRY 10,928.75 134976 9/5/2024 CHK 6401 LIBERTY UTILITIES ELECTRIC FOR PUMP STATION 761.82 134977 9/5/2024 CHK 468 MAITA CHEVROLET REPAIRS&MAINTENANCE 1,154.52 134978 9/5/2024 CHK 99999 GERARDO MORA CUSTOMER REFUND-CLOSED ACCOUNT 69.27 134979 9/5/2024 CHK 5151 NRECA INSURANCE 16,813.59 134980 9/5/2024 CHK 5150 NRECA GROUP BENEFITS TRUST INSURANCE 235,550.44 134981 9/5/2024 CHK 5222 ODP BUSINESS SOLUTIONS LLC OFFICE SUPPLIES 268.83 134982 9/5/2024 CHK 31 POULIN STEEL FAB INC. REPAIRS&MAINTENANCE 1,179.13 134983 9/5/2024 CHK 462 POWERPLAN-OIB REPAIRS&MAINTENANCE 713.53 134984 9/5/2024 CHK 5912 RESOURCE DEVELOPMENT COMPANY SKI RUN TANK REPLACEMENT 161,362.25 134985 9/5/2024 CHK 9980 EMPLOYEE VISION REIMBURSEMENT 245.00 134987 9/5/2024 CHK 999 TAHOE FOREST HOSPITAL WOff22644466-REFUND OF DEPOSIT 803.03 134988 9/5/2024 CHK 6920 TAHOE TRUCKEE SIERRA DISPOSAL LANDFILL CHARGES 3,054.09 134989 9/5/2024 CHK 999 TAHOE TRUCKEE UNIFIED SCHOOL DIST. WOs 16644344&17744366-COMBINED REFUND 115.01 134990 9/5/2024 CHK 99999 KENNETH E TORRES CUSTOMER REFUND-CLOSED ACCOUNT 218.12 134991 9/5/2024 CHK 10050 TOWN OF TRUCKEE FUELSTATION MAINTENANCE 3,660.53 134992 9/5/2024 CHK 1308 TRUCKEE TIRE REPAIRS&MAINTENANCE 569.89 134993 9/5/2024 CHK 1209 USABLUEBOOK TOOLS 2,001.41 134994 9/5/2024 CHK 682 VERIZON WIRELESS CELL PHONE CHARGES 2,691.91 134995 9/5/2024 CHK 99999 MRJUSTIN VOSS CUSTOMER REFUND-CLOSED ACCOUNT 163.79 6051 9/12/2024 PL PL PAYROLL PAYROLL DIRECT DEPOSIT 260,737.10 6053 9/12/2024 WIRE 540 CALIPERS 457 DEFERRED COMP PRGM CALIPERS 457 CONTRIBUTIONS PPE 09/06/2024 21,628.60 6054 9/12/2024 WIRE 3094 EMPLOYMENT DEV DEPT SDI/STATE WITHHOLDING PPE09/06/2024 27,959.07 6055 9/12/2024 WIRE 905 HEALTHEQUITY INC. EMPLOYEE HSA CONTRIBUTIONS PPE 09-06-24 1,335.04 6056 9/12/2024 WIRE 7310 INTERNAL REVENUE SERVICE FEDERAL/FICA WITHHOLDING PPE 09/06/2024 119,738.09 6057 9/12/2024 WIRE 3824 MISSIONSQUARE 401A/457 CONTRIBUTIONS PPE 09/06/2024 39,549.24 6058 9/12/2024 WIRE 11233 CALIPERS CALIPERS CONTRIBUTIONS PPE 09/06/2024 68,109.30 6062 9/12/2024 WIRE 1359 CALIPERS OPEB-CERBT MONTHLY CONTRIBUTION 10,417.00 43645 9/12/2024 DD 5440 ALTEC INDUSTRIES INC REPAIRS&MAINTENANCE 52.18 43646 9/12/2024 DD 1537 AMAZON CAPITAL SERVICES,INC OFFICE SUPPLIES 3,500.49 43647 9/12/2024 DD 515 BRAGG CRANE SERVICE CONTRACT SERVICES:ROW TREE CLEARING 25,049.50 43648 9/12/2024 DD 10367 CCMEDIA MARKETING 475.00 43649 9/12/2024 DD 9503810 CDW GOVERNMENT INC. HARDWARE PURCHASES 506.08 43650 9/12/2024 DD 1469 ECS IMAGING INC LICENSING,MAINTENANCE&SUPPORT 1,050.00 43651 9/12/2024 DD 9360 EMPLOYEE VISION REIMBURSEMENT 150.00 43652 9/12/2024 DD 2254 FULL HEART DESIGN PROFESSIONAL SERVICES:MARKETING 375.00 43653 9/12/2024 DD 3340 GENERAL PACIFIC INC PURCHASE TRANSFORMERS 153,096.90 43654 9/12/2024 DD 3349 GLOBAL RENTAL CO INC RENTAL VEHICLE - Page 1of3 Page 4 of 12 Page 137 of 153 Truckee Donner Public Utility District Check Register CA September 2024 Gov.Code 53605.5 ChecklTran Date TYDe Vendor Vendor Name Item Reference Amount 43655 9/12/2024 DD 10257 GIVES LLC TOOLS - 43656 9/12/2024 DD 3515 GRAYBAR ELECTRIC CO INC RED MTN FIRE FLOW PUMP 560.95 43657 9/12/2024 DD 38201BEW LOCAL 1245 UNION DUES-SEPT EMPLOYEE CONTRIBUTIONS 6,819.09 43658 9/12/2024 DD 1437 IIA LIFTING SERVICES,INC CONTRACT SERVICES 1,035.00 43659 9/12/2024 DD 9637 EMPLOYEE VISION REIMBURSEMENT 592.39 43660 9/12/2024 DD 1496 LAUNCH CONSULTING GROUP PROFESSIONAL SERVICES:PROGRAM DELIVERY 3,800.00 43661 9/12/2024 DD 1149 LOOMIS BANKING CHARGES 847.34 43662 9/12/2024 DD 9697 EMPLOYEE VISION REIMBURSEMENT 701.60 43663 9/12/2024 DD 1099 MOANA NURSERY PROFESSIONAL SERVICES:OTHER 263.00 43664 9/12/2024 DD 11025 MOONSHINE INK MARKETING 428.00 43665 9/12/2024 DD 10008 MOTION&FLOW CONTROL PRODUCTS,INC. REPAIRS&MAINTENANCE 8.12 43666 9/12/2024 DD 4720 MOUNTAIN HARDWARE AND SPORTS MATERIALS&SERVICES 96.08 43667 9/12/2024 DD 289 NISC AUGUST 2024 PRINT SERVICES 22,325.58 43668 9/12/2024 DD 970 NORTHERN CALIFORNIA JOINT POLE ASSN MEMBERSHIP DUES 8.60 43669 9/12/2024 DD 1079 O'REILLY AUTO PARTS MISC PARTS&SUPPLIES 311.92 43670 9/12/2024 DD 820 ONESOURCE DISTRIBUTORS INVENTORY 6,043.41 43671 9/12/2024 DD 5730 PORTER SIMON LEGAL SERVICES 15,561.90 43672 9/12/2024 DD 419 QCS LLC BUILDING MAINTENANCE 2,021.00 43673 9/12/2024 DD 7313 TAHOE SUPPLY COMPANY FACILITY SUPPLIES 857.25 43674 9/12/2024 DD 1328 TRAFFIC MANAGEMENT,INC. TRAFFIC CONTROL SERVICES 7,167.00 43675 9/12/2024 DD 1176 TRUCKEE FAMILY EYECARE OPTOMETRY,INC VISION REIMBURSEMENT 814.00 43676 9/12/2024 DD 10380 ULINE FIELD SUPPLIES 434.73 43677 9/12/2024 DD 2236 UNIFIRST EMPLOYEE UNIFORM CLEANING SERVICES 452.40 43678 9/12/2024 DD 643 UNITED SITE SERVICES OF NEVADA MATERIALS&SERVICES 620.43 43679 9/12/2024 DD 1546 WATERS CHIROPRACTIC DMV PHYSICAL-F.HESTON 140.00 43680 9/12/2024 DD 934 WEST COAST PAVING INC CONTRACT SVCS:PAVING/SLURRY 24,780.00 43681 9/12/2024 DD 7820 WESTERN NEVADA SUPPLY CO INVENTORY 790.34 134996 9/12/2024 CHK 134 ANIXTER INC. INVENTORY 3,909.56 134997 9/12/2024 CHK 657 AT&T COMMUNICATIONS 5,133.25 134998 9/12/2024 CHK 999 BLAIR PORTEAUS REFUND ELECTRIC FEES 2,075.00 134999 9/12/2024 CHK 99999 JESUS BRIVIESCAS CUSTOMER REFUND-CLOSED ACCOUNT 7.88 135000 9/12/2024 CHK 99999 DAVID BUCHER CUSTOMER REFUND-CLOSED ACCOUNT 141.16 135001 9/12/2024 CHK 1006 CALIFORNIA STATE DISBURSEMENT UNIT CHILD SUPPORT PPE 09-06-2024 115.38 135002 9/12/2024 CHK 99999 ANGELE CARROLL CUSTOMER REFUND-CLOSED ACCOUNT 34.08 135003 9/12/2024 CHK 99999 DANIELA CONTRERAS CUSTOMER REFUND-CLOSED ACCOUNT 30.00 135004 9/12/2024 CHK 10489 CORELOGIC INFORMATION SOLUTIONS INC LICENSING,MAINTENANCE&SUPPORT 537.32 135005 9/12/2024 CHK 99999 SAMUEL DALE CUSTOMER REFUND-CLOSED ACCOUNT 1.42 135006 9/12/2024 CHK 1242 GRATEFUL GARDENS BUILDING MAINTENANCE 450.00 135007 9/12/2024 CHK 905 HEALTHEQUITY INC. HSA ADMINISTRATIVE FEES 87.75 135008 9/12/2024 CHK 99999 CRAIG P HORANGIC CUSTOMER REFUND-CLOSED ACCOUNT 124.11 135009 9/12/2024 CHK 10932 1&L FOOD MART&CARWASH REPAIRS&MAINTENANCE 257.88 135010 9/12/2024 CHK 999 JIM HUEBNER REFUNDTPP 815.00 135011 9/12/2024 CHK 999 VERONICA JOHN WOff247420014602 HANSELAVE DBLPYMNT 929.00 135012 9/12/2024 CHK 1240 JUST IMAGINE MARKETING&DESIGN MARKETING 1,060.00 135013 9/12/2024 CHK 99999 OWEN MAY CUSTOMER REFUND-CLOSED ACCOUNT 241.94 135014 9/12/2024 CHK 10054 MOTORSHEEP 2024 SILVERADO EV 4WD-IT/POOL TRUCK 2,013.51 135015 9/12/2024 CHK 1540 P31 ENTERPRISES CONTRACT SERVICES:ROW TREE CLEARING 36,902.24 135016 9/12/2024 CHK 675 SHERWIN-WILLIAMS MATERIALS&SERVICES 7.35 135017 9/12/2024 CHK 99999 STATE OF CALIFORNIA CSD-HEAP PROGRAM CUSTOMER REFUND-CLOSED ACCOUNT 171.41 135018 9/12/2024 CHK 7040 TEICHERT&SON INC CREDIT DE MATERIALS&SERVICES 1,990.01 135019 9/12/2024 CHK 7175 TRANSWORLD SYSTEMS INC COLLECTION SERVICES 86.59 135020 9/12/2024 CHK 11041 TRUCKEE PAINT MART INC. MATERIALS&SERVICES 465.01 135021 9/12/2024 CHK 7320 TRUCKEE TAHOE LUMBER CO MATERIALS&SERVICES 89.52 135022 9/12/2024 CHK 1308 TRUCKEETIRE TIRES 120.00 135023 9/12/2024 CHK 99999 VLADISLAV VASHCHENKO CUSTOMER REFUND-OVERPAYMENT 1,000.00 135024 9/12/2024 CHK 1348 VELOCITY TRUCK CENTERS REPAIRS&MAINTENANCE 62.78 135025 9/12/2024 CHK 99999 CAMERON WILLIAMS CUSTOMER REFUND-CLOSED ACCOUNT 487.38 43682 9/19/2024 DD 5440 ALTEC INDUSTRIES INC REPAIRS&MAINTENANCE 3,220.38 43683 9/19/2024 DD 1537 AMAZON CAPITAL SERVICES,INC SAFETY SUPPLIES 1,807.31 43684 9/19/2024 DD 1251 CONSTRUCTION MATERIALS ENGINEERS,INC. 2024 INSPECTIONS SERVICES 47,699.50 43685 9/19/2024 DD 1602 EATS COOKING COMPANY CONFERENCE CATERING 1,818.60 43686 9/19/2024 DD 10650 EUROFINS EATON ANALYTICAL INC. WATER SAMPLE ANALYSIS 673.00 43687 9/19/2024 DD 1484 FUENTES CONSULTING LLC SAFETY MEETING 1,098.64 43688 9/19/2024 DD 10645 GEI CONSULTANTS INC PROFESSIONAL SERVICES:OTHER 2,597.77 43689 9/19/2024 DD 3340 GENERAL PACIFIC INC INVENTORY 9,699.20 43690 9/19/2024 DD 1593 GLA MORRIS CONSTRUCTION,INC DSITRICT OFFICE-EAST WING REMODEL 49,549.68 43691 9/19/2024 DD 10257 GIVES LLC TOOLS - 43692 9/19/2024 DD 9467 EMPLOYEE VISION REIMBURSEMENT 120.00 43693 9/19/2024 DD 2232 1KAE FACILITIES MASTER PLAN 10,608.75 43694 9/19/2024 DD 115 KIMBALL-MIDWEST MISC PARTS&SUPPLIES 155.79 43695 9/19/2024 DD 9636 SARAH KRAKER MEETING EXPENSES 45.00 43696 9/19/2024 DD 924 KWA SAFETY&HAZMAT CONSULTANTS INC SAFETY MEETING 2,741.58 43697 9/19/2024 DD 1524 LOCUS TECHNOLOGIES ENVIRONMENTAL COMPLIANCE FEES 9,248.00 43698 9/19/2024 DD 4720 MOUNTAIN HARDWARE AND SPORTS MATERIALS&SERVICES 278.46 43699 9/19/2024 DD 6403 NEVADA POWER COMPANY PURCHASED POWER-SPPC&NEVADA POWER 95,193.82 43700 9/19/2024 DD 1079 O'REILLY AUTO PARTS MISC PARTS&SUPPLIES 150.45 43701 9/19/2024 DD 9936 KEITH RENSHAW MEETING EXPENSES 35.00 43702 9/19/2024 DD 9945 MICHAEL SALMON 53605.5 NCPA MEETING REGISTRATION 1,075.00 43703 9/19/2024 DD 6402 SIERRA PACIFIC POWER CO PURCHASED POWER-SPPC&NEVADA POWER 109,422.66 43704 9/19/2024 DD 1787 SILVER STATE INTERNATIONAL TRUCKS REPAIRS&MAINTENANCE 6,567.76 43705 9/19/2024 DD 1532 SLATE ROCK FIR EMPLOYEE UNIFORMS 303.85 43706 9/19/2024 DD 349 STRADLING YOCCA CARLSON&RAUTH P.C. GC MELLO ROOS ADMIN COSTS 3,931.95 43707 9/19/2024 DD 6360 THATCHER COMPANY OF CALIFORNIA,INC WATER QUALITY:TREATMENT 6,485.56 43708 9/19/2024 DD 712 TRUCKEE DONNER PUD PURCHASED POWER-STAMPEDE HYDRO GEN 30,511.38 43709 9/19/2024 DD 1286 TYNDALE COMPANY INC EMPLOYEE UNIFORMS 488.06 43710 9/19/2024 DD 2236 UNIFIRST EMPLOYEE UNIFORM CLEANING SERVICES 452.40 43711 9/19/2024 DD 630 WESTERN AREA POWER ADMINISTRATION ENVIRONMENTAL COMPLIANCE FEES 12.79 43712 9/19/2024 DD 816 WESTERN ENVIRONMENTAL TESTING WATER SAMPLE ANALYSIS 936.00 Page 2of3 Page 5 of 12 Page 138 of 153 Truckee Donner Public Utility District Check Register CA September 2024 Gov.Code 53605.5 ChecklTran Date Type Vendor Vendor Name Item Reference Amount 43713 9/19/2024 DD 7820 WESTERN NEVADA SUPPLY CO INVENTORY 3,656.84 135027 9/19/2024 CHK 134 ANIXTER INC. INVENTORY 82,891.84 135028 9/19/2024 CHK 657 AT&T COMMUNICATIONS 30.42 135029 9/19/2024 CHK 1527 AT&T MOBILITY CELL PHONE CHARGES 3,247.57 135030 9/19/2024 CHK 9176 JARED CARPENTER* MEETING EXPENSES 318.59 135031 9/19/2024 CHK 10138 COUNTY OF NEVADA ENVIRONMENTAL COMPLIANCE FEES 1,830.14 135032 9/19/2024 CHK 99999 DAVE WILDEROTTER SECONDARY SERVICE INSTALLATION 21,540.65 135033 9/19/2024 CHK 99999 CAMERON DELANO CUSTOMER REFUND-CLOSED ACCOUNT 479.51 135034 9/19/2024 CHK 10419 DEPARTMENT OF MOTOR VEHICLES 2022 FORD F550 AT40G RPO 9,086.00 135035 9/19/2024 CHK 99999 MATT EASTMAN CUSTOMER REFUND-CLOSED ACCOUNT 214.17 135036 9/19/2024 CHK 78 FEDERAL EXPRESS CORPORATION FEDERAL EXPRESS CHARGES 144.97 135037 9/19/2024 CHK 99999 STEVE GROTE CUSTOMER REFUND-CLOSED ACCOUNT 141.71 135038 9/19/2024 CHK 9657 JAMES LEONARD* EMPLOYEE DEVELOPMENT 100.00 135039 9/19/2024 CHK 5200 NORTHWEST PUBLIC POWER ASSOCIATION PERSONNEL EXPENSES-JOB ADVERTISEMENT 135.00 135040 9/19/2024 CHK 5222 ODP BUSINESS SOLUTIONS LLC OFFICE SUPPLIES 616.05 135041 9/19/2024 CHK 1540 P31 ENTERPRISES CONTRACT SERVICES:ROW TREE CLEARING 38,852.66 135042 9/19/2024 CHK 593 PLACER COUNTY APCD ENVIRONMENTAL COMPLIANCE FEES 532.45 135043 9/19/2024 CHK 246 ROCK GARDEN MATERIALS&SERVICES 35.04 135044 9/19/2024 CHK 11302 SAGE LAND SURVEYING INC. HIGHWAY 89 REDUNDANCY 3,993.75 135045 9/19/2024 CHK 6273 SAILERS ENGINEERING INC SKI RUN TANK REPLACEMENT 959.00 135046 9/19/2024 CHK 6860 TAHOE FOREST HOSPITAL DISTRICT PERSONNEL EXPENSES 733.50 135047 9/19/2024 CHK 6940 TAHOE TRUCKEE SANITATION AGENCY WATER SAMPLE ANALYSIS 125.00 135048 9/19/2024 CHK 7040 TEICHERT&SON INC CREDIT DE MATERIALS&SERVICES 4,000.25 135049 9/19/2024 CHK 9979 EMPLOYEE VISION REIMBURSEMENT 560.80 135050 9/19/2024 CHK 10050 TOWN OF TRUCKEE ENVISION DPR ASSESSMENT 4,104.04 135051 9/19/2024 CHK 11041 TRUCKEE PAINT MART INC. MATERIALS&SERVICES 39.07 135052 9/19/2024 CHK 7380 UNITED PARCEL SERVICE UPS CHARGES 230.54 135053 9/19/2024 CHK 682 VERIZON WIRELESS CELL PHONE CHARGES 175.14 135054 9/19/2024 CHK 9939 JOHN K WILKEY EMPLOYEE DEVELOPMENT 66.00 6060 9/20/2024 WIRE 3094 EMPLOYMENT DEV DEPT SDI/STATE WITHHOLDING 9737 FINAL 102.91 6061 9/20/2024 WIRE 7310 INTERNAL REVENUE SERVICE FEDERAL/FICA WITHHOLDING 9737 FINAL 885.88 135026 9/20/2024 CHK PL PAYROLL PAYROLL FINAL CHECK 3,685.64 6075 9/24/2024 WIRE 6731 CALIFORNIA DEPARTMENT OF TAX AND FEE USE TAX PAYABLE 197.00 6067 9/26/2024 PL PL PAYROLL PAYROLL DIRECT DEPOSIT 284,611.82 6068 9/26/2024 WIRE 540 CALIPERS 457 DEFERRED COMP PRGM CALIPERS 457 CONTRIBUTIONS PPE 09/20/2024 22,282.27 6069 9/26/2024 WIRE 3094 EMPLOYMENT DEV DEPT SDI/STATE WITHHOLDING PPE 09/20/2024 30,597.88 6070 9/26/2024 WIRE 905 HEALTHEQUITY INC. EMPLOYEE HSA CONTRIBUTIONS PPE 09/20/24 1,335.04 6071 9/26/2024 WIRE 7310 INTERNAL REVENUE SERVICE FEDERAL/FICA WITHHOLDING PPE 09/20/2024 127,450.86 6072 9/26/2024 WIRE 3824 MISSIONSQUARE 401A/457 CONTRIBUTIONS PPE 09/20/2024 40,977.36 6074 9/26/2024 WIRE 11233 CALIPERS CALIPERS CONTRIBUTIONS PPE 09/20/2024 69,143.40 43798 9/26/2024 DD 1537 AMAZON CAPITAL SERVICES,INC OFFICE SUPPLIES - 43799 9/26/2024 DD 2251 ASPEN ENVIRONMENTAL GROUP PROFESSIONAL SERVICES:ENGINEERING 26,605.00 43800 9/26/2024 DD 9503810 CDW GOVERNMENT INC. HARDWARE PURCHASES 407.68 43801 9/26/2024 DD 1597 CHAVEZ AUTO BODY 2022 FORD FSSO AT40G RPO 13,170.73 43802 9/26/2024 DD 524 DE LAGE LANDEN OPERATIONAL SERVICES LLC XEROX COPIER LEASE 331.45 43803 9/26/2024 DO 893 DEBBIE MADERA CLEANING SERVICE BUILDING CLEANING 6,800.00 43804 9/26/2024 DD 1577 HUNT&SONS,LLC FUEL/OIL FOR VEHICLES 5,542.71 43805 9/26/2024 DO 115 KIMBALL-MIDWEST MISC PARTS&SUPPLIES 189.44 43806 9/26/2024 DD 4720 MOUNTAIN HARDWARE AND SPORTS MATERIALS&SERVICES 362.45 43807 9/26/2024 DO 5130 NCPA MEMBERSHIP DUES 8,794.00 43808 9/26/2024 DD 494 NVS,INC. BATTERY ENERGY STORAGE SYSTEM 21,900.50 43809 9/26/2024 DO 1079 O'REILLY AUTO PARTS MISC PARTS&SUPPLIES 432.55 43810 9/26/2024 DD 890 QUALUS,LLC MARTIS VALLEY SUBSTATION MODERNIZATION 9,519.25 43811 9/26/2024 DO 1574 REGIONAL GOVERNMENT SERVICES PROFESSIONAL SERVICES:OTHER 4,447.20 43812 9/26/2024 DD 837 SIERRA OFFICE SOLUTIONS XEROX COPIER LEASE 136.20 43813 9/26/2024 DO 1532 SLATE ROCK FR EMPLOYEE UNIFORMS 347.84 43814 9/26/2024 DD 6604 SPIEGEL&MC DIARMID PROFESSIONAL SERVICES:FERC ISSUES 450.00 43815 9/26/2024 DO 1584 STARTING FROM SCRATCH CAFE,LLC CONFERENCE CATERING 1,151.15 43816 9/26/2024 DD 6880 TAHOE INSTANT PRESS OFFICE SUPPLIES 514.02 43817 9/26/2024 DO 4590 UNDERGROUND SERVICE ALERTOF NORTHERN CA MEMBERSHIP DUES 3,709.82 43818 9/26/2024 DD 2236 UNIFIRST EMPLOYEE UNIFORM CLEANING SERVICES 452.40 43819 9/26/2024 DO 1546 WATERS CHIROPRACTIC DMV PHYSICAL-A.CORUGEDO 140.00 43820 9/26/2024 DD 816 WESTERN ENVIRONMENTAL TESTING WATER SAMPLE ANALYSIS 540.00 43821 9/26/2024 DO 7820 WESTERN NEVADA SUPPLY CO MATERIALS&SERVICES 7,816.85 135055 9/26/2024 CHK 134 ANIXTER INC. INVENTORY 5,055.22 135056 9/26/2024 CHK 657 AT&T COMMUNICATIONS 64.10 135057 9/26/2024 CHK 1006 CALIFORNIA STATE DISBURSEMENT UNIT CHILD SUPPORT PPE 09/20/2024 115.38 135058 9/26/2024 CHK 348 EDGES ELECTRICAL GROUP ALDER CREEK OPEN BANK UPGRADE 2,056.39 135059 9/26/2024 CHK 78 FEDERAL EXPRESS CORPORATION FEDERAL EXPRESS CHARGES 54.89 135060 9/26/2024 CHK 99999 WILLOW R GAMES CUSTOMER REFUND-CLOSED ACCOUNT 270.00 135061 9/26/2024 CHK 186 GRANITE CONSTRUCTION COMPANY MATERIALS&SERVICES 644.39 135062 9/26/2024 CHK 99999 KIMBERLY KOESTER CUSTOMER REFUND-CLOSED ACCOUNT 3.03 135063 9/26/2024 CHK 1498 NEVADA STATE TREASURER'S OFFICE CHILD SUPPORT FEE PPE 09/20/2024 2.00 135064 9/26/2024 CHK 5222 ODP BUSINESS SOLUTIONS LLC OFFICE SUPPLIES 85.54 135065 9/26/2024 CHK 1540 P31 ENTERPRISES CONTRACT SERVICES:ROW TREE CLEARING 101,109.80 135066 9/26/2024 CHK 999 PAVLO PAVLYUK WO#2474200-METER BOX REFUND 880.00 135067 9/26/2024 CHK 675 SHERWIN-WILLIAMS MATERIALS&SERVICES 27.69 135068 9/26/2024 CHK 10200 SIERRA BUSINESS COUNCIL MEMBERSHIP DUES 958.33 135069 9/26/2024 CHK 11001 SPARKS ELECTRIC MOTOR REPAIR PROSSER ANNEX WELL REHABILIATION 861.27 135070 9/26/2024 CHK 1497 STATE COLLECTIONS AND DISBURSEMENT UNIT CHILD SUPPORT PPE 09/20/2024 612.18 135071 9/26/2024 CHK 7040 TEICHERT&SON INC CREDIT DE REPAIRS&MAINTENANCE 30.00 135072 9/26/2024 CHK 10024 TRUCKEE DONNER RECREATION AND PARK DIST CONSERVATION CONFERENCE 2,095.00 258 $ 4,563,280.73 *Denotes employee reimbursement containing multiple items with no individual item charge of$100 or greater. Page3of3 Page 6 of 12 Page 139 of 153 TRUCKEE DONNER PUBLIC UTILITY DISTRICT STATEMENT OF GENERAL FUND Activity for the Month Ended 8/31/2024 Page 1 of 2 Electric Dept Water Dept Total Balance in General Fund 7/31/2024 $9,834,016 $7,809,402 $17,643,418 Receipts: Revenue received $2,300,109 $1,615,269 $3,915,378 Retired employees medical insurance 24,513 - 24,513 Record interest earned 2,370 2,194 4,564 Transfer from Vehicle Reserve 36,202 - 36,202 Reimbursement for FF funded projects - 29,936 29,936 FF Funding&DL Surcharge Reimbursement for 2006 COP - 8,358 8,358 Cash clearing accounts(timing-prior month reversal) (53,059) - (53,059) Cash clearing accounts(timing-current month) 388,196 - 388,196 Total Receipts $2,698,331 $1,655,758 $4,354,089 Disbursements: Accounts payable/payroll disbursements $3,239,462 $2,664,693 $5,904,156 Voided checks (92,843) - (92,843) Distribute UPTIF interest 26,015 14,589 40,604 Restrict facilities fees 5,679 3,079 8,758 Restrict Donner Lake surcharge - 9,316 9,316 Section 125 benefit disbursement 30,996 - 30,996 Bank charges 11,822 - 11,822 Total Disbursements $3,221,131 $2,691,678 $5,912,808 Balance in General Fund 8/31/2024 $9,311,216 $6,773,481 $16,084,698 9/19/2024 3:36 PM I:\Treasurers Repo rt\Statement of General Fund\2024\2024-08 GF Page 7 of 12 Page 140 of 153 TRUCKEE DONNER PUBLIC UTILITY DISTRICT Funds Status Report Activity for the Month Ended 8/31/2024 Page 2 of 2 Electric Dept Water Dept Total Distribution of Non-Restricted Funds At Month-End: Customer Services Operating Funds $2,400 $0 $2,400 Operating clearing accounts 388,196 - 388,196 U.S. Bank-General Fund 2,122,705 - 2,122,705 LAIF, UPTIF, PCIF, &TVI -General Fund 6,797,915 6,773,481 13,571,396 Total $9,311,216 $6,773,481 $16,084,698 Market Adjustment (492,303) (246,131) (738,433) Total Non-Restricted Funds $8,818,914 $6,527,351 $15,346,264 Distribution of Designated&Restricted Funds at Month-End: LAIF, UPTIF, PCIF&TVI-Restricted Funds $28,919,756 $8,323,446 $37,243,202 UPTIF-Donner Lake Assessment District - 85,630 85,630 2015 COP Water Bonds, Principal Payment Fund - 689,760 689,760 2022 COP Issuance/Payment Fund 211,984 429,481 641,465 U S Bank-Donner Lake Assessment District 00-1 - 43,171 43,171 Total $29,131,740 $9,571,488 $38,703,227 Market Adjustment (59,640) - (59,640) Total Restricted Funds $29,072,100 $9,571,488 $38,643,587 Total Funds Available $37,891,013 $16,098,839 $53,989,852 Total Market Adjustments (551,943) (246,131) (798,073) 9/19/2024 3:36 PM I:\Treasurers Repo rt\Statement of General Fund\2024\2024-08 GF Page 8 of 12 Page 141 of 153 INVESTMENT STATUS REPORT Activity for the Month Ended 8/31/2024 Balance Beg.Balance Month End Balance %Current Month(%Last Month) 12/31/2023 7/312024 Activity 8/31/2024 ELECTRIC FUNDS LOCAL AGENCY INVESTMENT FUND(LAIF)-4.58%(4.52%) General Fund 1..136.1 $ 4,542,910 $ 7,449,159 $ (750,576) $ 6,698,583 Consolidate cash 1,049,424 Book Transfer between funds (800,000) LAIF transfer (1,000,000) Capital Replacement Fund 1..136.41 1,672,799 2,531,853 400,000 2,931,853 Book Transfer between funds 400,000 AB 32 Cap&Trade Fund 1..136.58 445,980 210,559 210,559 Deferred Liabilites Reserve 1..136.42 2,169,608 2,240,468 2,240,468 LCFS Credits 1..136.59 89,579 98,907 98,907 2022 COP Project Fund 1..132.95 6,736,089 6,956,081 6,956,081 Total LAIF Electric Investments 15,656,965 19,487,027 (350,576) 19,136,451 UTAH PUBLIC TREASURERS'INVESTMENT FUND(UPTIF)- 5.41%(5.43%) General Fund 1..136.12 1,963,394 294,888 (195,556) 99,332 Distribute UPTIF interest (26,015) Restrict facility fees (5,679) Record monthly interest 1,396 Book Transfer between funds (200,000) TVI Interest Receivable (1,461) Reimbursement from VR for rental vehicle costs 36,202 Facilities Fees 1..136.9 349,579 559,803 8,329 568,132 Restrict facilites fees 5,679 Record monthly interest 2,650 Electric Rate Reserve Fund 1..136.45 870,625 1,623,939 208,174 1,832,113 Record monthly interest 7,687 Book Transfer between funds 200,000 TVI Interest Receivable 487 Capital Replacement Fund 1..136.46 835,257 474,701 3,221 477,922 Record monthly interest 2,247 TVI Interest Received 974 Electric Vehicle Reserve 1..136.13 1,478,862 2,078,652 (26,363) 2,052,289 Record monthly interest 9,840 Transfer to GF for rental vehicle costs (36,202) Total UPTIF Electric Investments 5,497,717 5,031,983 (2,195) 5,029,788 PLACER COUNTY INVESTMENT FUND(PCIF)- 3.80%(3.77%) Electric Rate Reserve Fund 1..136.47 2,430,571 2,480,175 7,932 2,488,107 Record monthly interest 7,932 Capital Replacement Fund 1..136.48 4,197,410 4,283,077 13,698 4,296,775 Record monthly interest 13,698 Total PCIF County Electric Investments 6,627,981 6,763,252 21,629 6,784,882 TVI INVESTMENTS- 0.55%(0.55%) Capital Replacement Fund 1..136.43 3,966,550 3,566,550 (400,000) 3,166,550 Transfer TVI Maturity to US Bank (400,000) Electric Rate Reserve Fund 1..136.44 2,000,000 1,800,000 (200,000) 1,600,000 Transfer TVI Maturity to US Bank (200,000) Total TVI Electric Investments 5,966,550 5,366,550 (600,000) 4,766,550 Total Electric Investments $ 33,749,213 $ 36,648,812 $ (931,142) $ 35,717,670 9/19/20243s1 PM Investments Status Report Page 9 of 12 :Urea:uar:Report\l,vestment stat„s Report:\2024\2024-0s r-t-ts status Report Page 1 of 3 Page 142 of 153 INVESTMENT STATUS REPORT Activity for the Month Ended 8/31/2024 Balance Beg.Balance Month End Balance %Current Month(%Last Month) 12/31/2023 7/312024 Activity 8/31/2024 WATER FUNDS LOCAL AGENCY INVESTMENT FUND(LAIF)-4.58%(4.52%) General Fund 2..1136.1 3,941,825 3,749,740 (652,503) 3,097,237 Consolidate cash (1,049,424) Restrict facility fees (3,079) Reimbursement for 2022 COP funded projects 400,000 Facilities Fees 2..136.90 1,032,007 1,305,630 3,079 1,308,709 Restrict facility fees 3,079 Capital Replacement Fund 2..136.41 1,988,462 3,156,140 - 3,156,140 2022 COP Project Fund 2..132.95 1,032,659 562,612 - 562,612 Total LAIF Water Investments 7,994,953 8,774,123 (649,424) 8,124,699 UTAH PUBLIC TREASURERS'INVESTMENT FUND(UPTIF)- 5.41%(5.43%) General Fund 2..136.12 245,059 463,490 16,583 480,073 Transfer to DLAD surcharge (9,316) Distribute UPTIF interest (14,589) DL Surcharge Reimbursement for 2006 COP 8,358 FF Funding portion of 2006 COP 29,936 Record monthly interest 2,194 Facilities Fees 2..136.25 1,002,173 790,946 (26,192) 764,754 Record monthly interest 3,744 Transfer to GF for FF Funding portion of 2006 COP (29,936) West River St.Assessment District 2..136.31 40,788 42,142 199 42,341 Record monthly interest 199 Prepaid Connection Fees 2..136.7 83,354 86,120 408 86,528 Record monthly interest 408 Donner Lake Assessment District Fund 2..136.84 82,490 85,227 403 85,630 Record monthly interest 403 Donner Lake Assessment District Surcharge Fund 2..136.61 200,448 213,718 1,970 215,688 DLAD surcharge collections 9,316 DL Surcharge reimbursement to GF for 2006 COP (8,358) Record monthly interest 1,012 TSA SAD II Improvement Fund 2..136.85 19,677 20,330 96 20,426 Record monthly interest 96 Water Vehicle Reserve 2..136.13 451,654 932,297 4,413 936,710 Record monthly interest 4,413 Deferred Liabilites Reserve 2..136.42 113,826 117,603 557 118,160 Record monthly interest 557 Capital Replacement Fund 2..136.46 1,070,616 1,106,141 5,236 1,111,377 Record monthly interest 5,236 Total UPTIF Water Investments 3,310,085 3,858,014 3,673 3,861,687 PLACER COUNTY INVESTMENT FUND(PCIF)- 3.80%(3.77%) Total PCIF Water Investments TVI INVESTMENTS- 0.55%(0.55%) Water General Fund TVI 2..136.15 3,996,171 3,596,171 (400,000) 3,196,171 Transfer TVI Maturity to US Bank (400,000) Total TVI Water Investments 3,996,171 3,596,171 (400,000) 3,196,171 Total Water Investments $ 15,301,210 $ 16,228,308 $ (1,045,750) $ 15,182,557 9/19/2024 3s1 PM Investments Status Report Page 10 of 12 :Urea:ua in r:Report\l,vestment stains Report:\2024\2024-os r-t-ts status Report Page 2 of 3 Page 143 of 153 INVESTMENT STATUS REPORT Activity for the Month Ended 8/31/2024 Balance Beg.Balance Month End Balance %Current Month(%Last Month) 12/31/2023 7/312024 Activity 8/31/2024 ELECTRIC&WATER INVESTMENTS,COMBINED TOTALS Pre-Market Adjustments Total LAIF Investments 54% 23,651,918 28,261,149 (1,000,000) 27,261,149 Total UPTIF Investments 17% 8,807,802 8,889,997 1,478 8,891,475 Total PCIF Investments 13% 6,627,981 6,763,252 21,629 6,784,882 Total TVI Investments 16% 9,962,722 8,962,722 (1,000,000) 7,962,722 Total Investments 100% Month End BaI.Mix $ 39,087,701 $ 52,877,121 $ (1,976,893) $ 50,900,228 Market Adjustments Total LAIF Investments (152,717) (152,717) - (152,717) Total UPTIF Investments 159 159 159 Total PCIF Investments (59,640) (59,640) (59,640) Total TVI Investments (579,266) (585,962) 87 (585,875) Total Investments $ (791,464) $ (798,160) $ 87 $ (798,073) Post-Market Adjustments Total LAIF Investments 54% 23,499,201 28,108,432 (1,000,000) 27,108,432 Total UPTIF Investments 17% 8,807,962 8,890,156 1,478 8,891,634 Total PCIF Investments 13% 6,568,341 6,703,612 21,629 6,725,242 Total TVI Investments 16% 9,383,456 8,376,759 (999,913) 7,376,846 Total Investments 100% Month End Bal.Mix $ 48,258,959 $ 52,078,960 $ (1,976,805) $ 50,102,154 9/19/20243:31 PM Investments Status Report Page 11 of 12 I:\Treasurers Report\Investment Status Reports\2024\2024-09 Investments Status Report Page 3 of 3 Page 144 of 153 TRUCKEE DONNER PUD INVESTMENT BALANCES as of August 31,2024 Utah Public TVI Fidelity Mmkt Morgan Stanley Dreyfus Treasury BNY US Bank Cash/ LAIF Placer County Investment Fund Investments Govt 57 Treas Sec Port Security Tress Cash Res Checking Cash Clearings Total 131.1 ELECTRIC FUNDS General Fund $ 6,698,583 $ $ 99,332 $ $ $ $ $ $ 2,122,705 $ 390,596 $ 9,311,216 Facilities Fees - 568,132 - - 568,132 Electric Rate Reserve - 2,488,107 1,832,113 1,600,000 5,920,220 Capital Replacement Fund 2,931,853 4,296,775 477,922 3,166,550 10,873,101 Deferred Liabilites Reserve/POB Fund 2,240,468 - - - 2,240,468 Electric Vehicle Reserve - 2,052,289 2,052,289 AB 32 Fund 210,559 - 210,559 LCFS Credits 98,907 98,907 COP Project Fund 6,956,081 6,956,081 COP Issuance/Payment Fund - - 211,984 211,984 Market Adjustments 101,095 59,640 99 391,307 551,943 Total Electric Investments 19,035,356 6,725,242 5,029,887 4,375,243 211,984 2,122,705 390,596 37,891,013 WATER FUNDS General Fund $ 3,097,237 $ - $ 480,073 $ 3,196,171 $ $ $ $ $ $ 6,773,481 Facilities Fees 1,308,709 764,754 - 2,073,464 Capital Replacement Fund 3,156,140 1,111,377 4,267,517 2015 COP Funds - - 689,760 689,760 West River St.Assessment District 42,341 - 42,341 Deferred Liabilites Reserve 118,160 118,160 Prepaid Connection Fees 86,528 86,528 DLAD Fund 85,630 43,171 128,801 DLAD Surcharge 215,688 - 215,688 TSA SAD II Improvement Fund 20,426 20,426 Water Vehicle Reserve - 936,710 936,710 COP Project Funds 562,612 - 562,612 COP Issuance/Payment Fund - - 429,481 429,481 Market Adjustments 51,622 60 194,568 246,131 Total Water Investments 8,073,076 3,861,747 3,001,603 689,760 429,481 43,171 16,098,839 Electric and Water,subtotal 27,108,432 6,725,242 8,891,634 7,376,846 689,760 641,465 2,165,876 390,596 53,989,852 MELLO ROOS-OLD GREENWOOD - - - - - 307,710 719,120 - - - 1,026,829 Total Mello Roos-Old Greenwood 307,710 719,120 1,026,829 MELLO ROOS-GRAY'S CROSSING 1,895,494 - - 2,140,047 4,035,541 Total Mello Roos-Gray's Crossing 1,895,494 2,140,047 4,035,541 Total Investments $ 29,003,926 $ 6,725,242 $ 8,891,634 $ 7,376,846 $ 689,760 $ 307,710 $ 719,120 $ 2,781,512 $ 2,165,876 $ 390,596 $ 59,052,222 202407 Last Month End Balances 30,127,149 6,703,612 8,890,156 8,376,759 597,376 309,360 694,186 2,389,066 2,077,680 55,459 60,220,806 Change from last month (1,123,223) 21,629 1,478 (999,913) 92,383 (1,651) 24,934 392,446 88,196 335,137 (1,168,583) 202308 PY Month End Balances 28,297,846 6,387,420 8,866,802 9,059,070 675,506 296,883 682,155 2,713,674 2,954,753 140,073 60,074,183 Change from PY Month 706,081 337,821 24,832 (1,682,224) 14,253 10,826 36,965 67,838 (788,877) 250,524 (1,021,960) 2023 12 PYE Balances 25,476,710 6,568,341 8,807,962 9,383,456 134,433 298,910 2,997 249,125 1,180,575 132,075 52,332,246 Change from PYE 3,527,216 156,901 83,673 (2,006,610) 555,326 8,799 716,122 2,532,387 985,301 258,521 6,719,977 I:\Treasurers Report\2024\2024-11 Treasurer's Rep \All Imertm-202408858 Page 12 of 12 Page 145 of 153 AGENDA ITEM #18 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: Brian Wright, General Manager SUBJECT: Consideration to Approve the October 2, 2024, Board Minutes. ATTACHMENTS: 1. October 2, 2024, Minutes Page 1 of 1 Page 146 of 153 TRUCKEE DONNER PUBLIC UTILITY DISTRICT REGULAR BOARD MEETING MINUTES TDPUD BOARD ROOM, 11570 DONNER PASS ROAD, TRUCKEE, CA 6:00 PM, WEDNESDAY, OCTOBER 2, 2024 1. Call to Order The meeting of the Board of Directors of the Truckee Donner Public Utility District was called to order at 6:00 p.m. by Vice President Finn. 2. Roll Call Directors Present: Aguera, Laliotis, and Vice President Finn Directors Absent: Harris and President Bender Employees Present: Brian Wright, Chad Reed, Jared Carpenter, Jillian Steward, Steven Poncelet, Mike Salmon, Neil Kaufman, Sarah Kraker, Allison McEneaney, Alex Spychalsky, Trey Griffin 3. Pledge of Allegiance — Director Laliotis led the Flag Salute. 4. Changes to the agenda - None 5. Public Comment on non-agenda items — None DIRECTOR UPDATE 6. Vice President Finn said she recently completed mandatory ethics training. She announced she also attended the Third Annual Nevada County Sustainability Summit and recapped the items discussed. DEPARTMENT UPDATES 7. Chad Reed, Water Utility Director, provided a water update on utility performance; commented about upcoming requirements under California Conservation — a Way of Life; projects including addressing the leak at Rainbow and Highway 89, Ski Run Tank construction nearing completion, and Alder Creek safety upgrade. Director Laliotis inquired about the water leak and Mr. Reed responded. Jared Carpenter, Electric Utility Director, provided project updates on West River Street and new EV charging site online, and he displayed the power supply energy sources for the month of August. Mr. Carpenter reported on power updates including outage on 9-19-24. Jillian Steward, Human Resources & Risk Director, announced Jenni Trekell-Bolan as the new Customer Service Representative, and congratulated Haley Roblezl on promotion to Customer Service Representative II. Steven Poncelet, Public Information Officer, provided an update, noting focus on Page 147 of 153 Truckee Donner Public Utility District October 2, 2024 communications about water conservation issues; and he highlighted participation at recent events. PUBLIC HEARING 8. Notice of Public Hearing for the District's 2024 Public Health Goals Report Vice President Finn opened the public hearing at 6:17 p.m. Chad Reed, Water Utility Director, reviewed public health goals, the process, as well as why the goals are set and who sets the requirements. Public comments were received from: Chris Martinez who asked if the District knows which pipes are in the neighborhoods, and Mr. Reed responded a survey was done recently on both the customer side and District side, that does not use lead. Director Laliotis commented the perfect customer to test is one with copper pipes and lead solder. Dow Costa inquired about the trend of arsenic levels, and Mr. Reed responded. Mr. Reed also responded to questions from Director Aguera and Director Laliotis. Vice President Finn emphasized the difference between the goals and maximum containment levels, and she closed the public hearing at 6:38 p.m. The Board conducted the public hearing, obtained input from the public, received the report, and directed staff to file the report with the State. WORKSHOP 9. Workshop - New Electric Rate Options Jared Carpenter, Electric Utility Director, summarized the background. Catherine Elder, Aspen Environmental Group, discussed various rate options, covering load factor and capacity to meet peak load. Recommendations were made for adjusting Net Energy Metering. Joe Long, Aspen Environmental Group, presented new electric rate options such as a Commercial Electric Vehicle Charging Rate, Residential Electric Vehicle Rate, Community Solar Rate options, 100% Green Portfolio Rate, and Industrial Pumping Rate. He discussed reality of implementation feasibility, cost and equity. Mr. Long explained utilizing existing Smart Meters for Residential Electric Vehicle customers. 2 Page 148 of 153 Truckee Donner Public Utility District October 2, 2024 There were no public comments initially. Director Laliotis inquired about individual battery systems, and Jared Carpenter and Catherine Elder responded. Vice President Finn commented on customer decisions, batteries, EV programs, time-of-use rates, aspects of solar, and effective communication about rate changes. Public comment Mark Hyder said customers that previously added solar are not realizing any cost savings, and should not be assessed a higher rate now as a solar user. General Manager Wright emphasized this workshop is presenting different options for feedback; and when rates come back to the Board, consideration will be presented regarding existing NEM1 customers vs. future/successor NEM rates, along with time-of-use and green energy incentives. Chris Martinez asked about the safety of batteries in homes; and Catherine Elder, Aspen Environmental Group, Mr. Carpenter and Mr. Wright replied. Another public comment was made about reducing the peak demand if everyone had a home battery and timed charging. VP Finn stated she would like more information presented on solar arrays. Director Laliotis suggested a primer at a future meeting regarding the difference between a demand charge and energy charge. Director Aguera questioned if a different panel is needed to monitor time of use for electricity, and Mr. Carpenter answered that the existing meters have two-way communication, so no other equipment is needed. The Board received the information from the workshop and provided strategic direction to staff regarding potential new rates. CONSENT CALENDAR There were no public comments on the Consent Calendar items. 10. Consideration of an Amendment to Martis Valley Well Property Lease Authorized the General Manager to execute a Lease Amendment with the Tahoe Truckee Sanitation Agency for the Martis Valley Well Parcel. 11. Consideration of Appointing the General Manager as the District's Labor Negotiator for the Updated Memorandum of Understanding with IBEW Local 1245 Appointed Brian Wright, General Manager as the District's negotiator for 2024 MOU negotiations with IBEW Local 1245. 3 Page 149 of 153 Truckee Donner Public Utility District October 2, 2024 12. Consideration of Authorizing a 3-year Contract with SaaS E Solutions in an Amount Not to Exceed $237,600.. Authorized the General Manager to execute a 3-year contract with SaaS E Solutions for energy efficiency rebate program management software services, for a total not to exceed amount of $237,600. A motion was made by Director Laliotis and seconded by Director Aguera to approve Consent Calendar items 10-12. The motion passed (3-0, Absent: Harris and Bender) by roll call vote. ACTION ITEMS 13. Consideration of Review of the District's Investment Policy as described in District Code Title 3, Chapter 3.20.012.9 Michael Salmon, Chief Financial Officer, presented the staff report, covering the investment policy and utilization of CLASS (California Cooperative Liquid Assets Securities System), a Joint Powers Authority investment pool for public agencies. There were no public comments. Director Aguera, Director Laliotis and Vice President Finn asked questions and provided comments; and Michael Salmon responded. A motion was made by Director Laliotis and seconded by Director Aguera to: A. Review the District's investment policy as described in District Code Title 3, Chapter 3.20.012.9 and affirm no changes or provide direction as needed; and B. Authorize the General Manager to execute an agreement with an investment agency, California Cooperative Liquid Assets Securities System (CLASS) to allow for investment of District funds in CLASS; and C. Delegate authority to Michael Salmon, Treasurer, to invest District funds according to the District's Investment Policy. The motion passed (3-0, Absent: Harris and Bender) by roll call vote. 14. Consideration of Authorizing the General Manager to Execute the Agreement Regarding APN# 019-770-002-000, Gray's crossing Mike Salmon, Chief Financial Officer, gave the staff report and introduced Allison Burns, Stradling, Yocca, Carlson & Rauth, legal counsel for CFD No. 04-1 (Gray's Crossing). 4 Page 150 of 153 Truckee Donner Public Utility District October 2, 2024 There were no public comments. Director Laliotis asked who benefits by waiving the penalty and interest. Attorney Allison Burns responded that the penalty and interest is used to replenish depleted reserve and refund costs of administrative procedures, and the reserve bucket is used to pay out at the end. Director Aguera moved and Laliotis seconded to: A. Determine that the waiver of current Penalty and Interest for APN# 019-770-002-000 agreement complies with the requirements of Government Code section 53340(f); and B. Authorize the General Manager to execute the Agreement regarding APN# 019-770-002-000 (Attachment 1); accepting full payment for all installment special tax amounts past due, in exchange for waiving current Penalty and Interest amounts. The motion passed (3-0, Absent: Harris and Bender) by roll call vote. 15. Consideration of Amendment #1 to the Contract with Western Area Power Administration for Delivery of Renewable Energy from the Stampede Hydroelectric Power Plant Jared Carpenter, Electric Utility Director, presented the staff report, including background, new information on Stampede Dam, and increased fiscal impact. Jared Carpenter and Brian Wright, General Manager, responded to Director questions. There were no public comments. It was moved by Director Laliotis and seconded by Aguera to: Approve and authorize the Board President to sign Amendment#1 to Contract 07-SNR-01026, with Western Area Power Administration for the Purchase of Base Resource Power from the Stampede Power Plant at a Price Set to the Applicable Monthly Locational Marginal Price in the Heavy Load Hours, and Light Load Hours, through December 31, 2054. The motion passed (3-0, Absent: Harris and Bender) by roll call vote. 16. Consideration of Authorizing a Change Order Allowance for the District Pipeline Replacement — 2024 Construction Contract from $295,310.50 to $620,000 Neil Kaufman, Water System Engineer, gave the agenda report. There were no public comments. Director Laliotis inquired about another option to declare an emergency, dispense with competitive bidding and hire a contractor to do the work. Mr. Kaufman replied that the decision would be which contractor do you choose, 5 Page 151 of 153 Truckee Donner Public Utility District October 2, 2024 noting the existing contractor, Hansen Brothers Enterprises. has been doing good work, is on site, the project is within their scope of work, and the deadline can be met. General Manager Brian Wright discussed the timing of mobilizing a different contractor. Director Laliotis moved and Director Aguera seconded to: Authorize an increase in the change order allowance for the District Pipeline Replacement— 2024 construction contract from $295,310.50 to $620,000, for a total contract amount not to exceed $3,573,190. The motion passed (3-0, Absent: Harris and Bender) by roll call vote. ROUTINE BUSINESS 17. Consideration to Approve the Treasurer's Report for October 2024 There were no public comments. Director Aguera moved and Laliotis seconded to approve the Treasurer's Report for October 2024 which includes: a. Fund Balances for the Month of July 2024 b. Disbursements for the Month of August 2024. The motion passed (3-0, Absent: Harris and Bender) by roll call vote. 18. Consideration to Approve the August 7th, 28th and September 4, 2024, Board Meeting Minutes There were no public comments. Director Laliotis moved and Aguera seconded to approve the August 7, August 28, with correction to remove Joe Horvath as employees being present, and September 4, 2024 meeting minutes. The motion passed (3-0, Absent: Harris and Bender) by roll call vote. CLOSED SESSION 19. Closed Session Pursuant to Government Code Section 54957 Public Employee General Manager's Performance Plan Review 20. Closed Session Pursuant to Government Code Section 54956.8, Conference With Real Property: 10500 Brockway Road, APN 019-450-053-000; District Negotiator: General Manager; Under Negotiation: Lease Terms 21. Closed Session Pursuant to Government Code Section 54957.6, Conference with Labor Negotiator; Brian Wright, General Manager 6 Page 152 of 153 Truckee Donner Public Utility District October 2, 2024 22. Closed Session Pursuant to Government Code Section 54956.9(d)(1), Conference with Legal Counsel, Existing Litigation - Shanna Kuhlemier v. TDPUD There were no public comments. At 8:56 p.m. Vice President Finn recessed the meeting to Closed Session for the purposes stated above. The meeting reconvened at 10:50 p.m. with no reportable action. ADJOURNMENT MEETING ADJOURNED AT 10:50 PM. TRUCKEE DONNER PUBLIC UTILITY DISTRICT Christa Finn, Vice President Respectfully Submitted, Page 153 of 153