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HomeMy WebLinkAbout2014 CON California Enterprise Equipment Authority - MembershipNOTE TO FILE 05-02-16 IN THE MATTER OF: Approving membership in the California Enterprise Development Authority, and authorizing the Mayor to execute the Associate Membership Agreement relating to associate membership of the City in the Authority. Please note the following: NO FULLY EXECUTED ORIGINAL AGREEMENT WAS FILED WITH THE OFFICE OF THE CITY CLERK ORIGINATING DEPARTMENT: _ CDC _ Housing & Grants City Attorney _ Human Resources City Manager MIS Community Svcs. X Planning _ Engineering _ Police Finance Public Works Fire NTF ASSOCIATE MEMBERSHIP AGREEMENT BY AND BETWEEN THE CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY AND THE CITY OF NATIONAL CITY THIS ASSOCIATE MEMBERSHIP AGREEMENT (the "Associate Membership Agreement"), is entered into this 19t'' day of August, 2014, by and between CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY (the "Authority") and the CITY OF NATIONAL CITY, a municipal corporation, (the "City"). WITNESSETH: WHEREAS, the Cities of Selma, Lancaster and Eureka (individually, a "Member" and collectively, the "Members"), have entered into a Joint Powers Agreement, dated as of June 1, 2006 (the "Agreement"), establishing the Authority and prescribing its purposes and powers; and WHEREAS, the Agreement designates the Executive Committee of the Board of Directors and the President of the California Association for Local Economic Development as the initial Board of Directors of the Authority; and WHEREAS, the Authority has been formed for the purpose, among others, to assist for profit and nonprofit corporations and other entities to obtain financing for projects and purposes serving the public interest; and WHEREAS, the Agreement permits any other local agency in the State of California to join the Authority as an associate member (an "Associate Member"); and WHEREAS, the City desires to become an Associate Member of the Authority; and WHEREAS, City Council of the City has adopted a resolution approving the Associate Membership Agreement and the execution and delivery thereof; and WHEREAS, the Board of Directors of the Authority has determined that the City should become an Associate Member of the Authority. NOW, THEREFORE, in consideration of the above premises and of the mutual promises herein contained, the Authority and the City do hereby agree as follows: Section 1. Associate Member Status. The City is hereby made an Associate Member of the Authority for all purposes of the Agreement and the Bylaws of the Authority, the provisions of which are hereby incorporated herein by reference. From and after the date of execution and delivery of this Associate Membership Agreement by the City and the Authority, the City shall be and remain an Associate Member of the Authority. Section 2. Restrictions and Rights of Associate Members. The City shall not have the right, as an Associate Member of the Authority, to vote on any action taken by the Board of 1 Directors or by the Voting Members of the Authority. In addition, no officer, employee or representative of the City shall have any right to become an officer or director of the Authority by virtue of the City being an Associate Member of the Authority. Section 3. Effect of Prior Authority Actions. The City hereby agrees to be subject to and bound by all actions previously taken by the Members and the Board of Directors of the Authority to the same extent as the Members of the Authority are subject to and bound by such actions. Section 4. No Obligations of Associate Members. The debts, liabilities and obligations of the Authority shall not be the debts, liabilities and obligations of the City. Section S. Execution of the Agreement. Execution of this Associate Membership Agreement and the Agreement shall satisfy the requirements of the Agreement and Article XII of the Bylaws of the Authority for participation by the City in all programs and other undertakings of the Authority. IN WITNESS WHEREOF, the parties hereto have caused this Associate Membership Agreement to be executed and attested by their proper officers thereunto duly authorized, on the day and year first set forth above. CALIFORNIA ENTERPRISE CITY OF NATIONAL CITY DEVELOPMENT AUTHORITY By: Gurbax Sahota, Chair Board of Directors ATTEST: Michelle Stephens Assistant Secretary City of National City August 19, 2014 By: on Morrisonyor ATTEST: Mi. ael R. Dalla, ity Clerk PROV D AS TO FORM: II 01 . 11"u. is e . •'tua Silva City Attu 2 California Enterprise Development Authority Associate Membership Agreement RESOLUTION NO. 2014 — 123 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING MEMBERSHIP IN THE CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY, AND AUTHORIZING THE MAYOR TO EXECUTE THE ASSOCIATE MEMBERSHIP AGREEMENT RELATING TO ASSOCIATE MEMBERSHIP OF THE CITY IN THE AUTHORITY WHEREAS, pursuant to Chapter 5 of Division 7 of Title 1 of the California Government Code, commencing with Section 6500 (the "JPA Law"), the City, upon authorization of the City Council, may enter into a joint exercise of powers agreement with one or more other public agencies pursuant to which such contracting parties may jointly exercise any power common to them; and WHEREAS, City of National City and other public agencies wish to jointly participate in economic development financing programs for the benefit of businesses and nonprofit entities within their jurisdictions offered by membership in the California Enterprise Development Authority (the "Authority") pursuant to an associate membership agreement and Joint Exercise of Powers Agreement Relating to the California Enterprise Development Authority (the "Agreement"); and WHEREAS, under the JPA Law and the Agreement, the Authority is a public entity separate and apart from the parties to the Agreement, and the debts, liabilities and obligations of the Authority will not be the debts, liabilities or obligations of the City or the other members of the Authority; and WHEREAS, the City is willing to become an Associate Member of the Authority subject to the provisions of the Associate Membership Agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City as follows: Section 1. The City Council finds and declares that the actions authorized hereby constitute public affairs of the City. The City Council further finds that the statements, findings, and determinations of the City set forth in the preambles above are true and correct. Section 2. The Associate Membership Agreement is hereby approved, and is on file in the Office of the City Clerk. The Mayor or his designee is hereby authorized, for and on behalf of the City, to execute and deliver the Associate Membership Agreement, with such changes therein as such officer may require or approve, such approval to be conclusively evidenced by the execution and delivery thereof. Section 3. The Mayor, or his designee, is hereby authorized to execute and deliver any and all documents that he may deem necessary or advisable in order to consummate, carry out, give effect to and comply with the terms and intent of this Resolution and the Associate Membership Agreement. All such actions heretofore taken by the Mayor or his designee are hereby confirmed, ratified, and approved. Section 4. This resolution shall take effect immediately upon its passage. Signature Page to Follow ] Resolution No. 2014 — 123 Page Two ATTEST: PASSED and ADOPTED this 19th day of August, 2014. f �iity Micael R. Dalla,Clerk PROVED AS TO FORM: ua Silva City Att n Morriso , V ayor Passed and adopted by the Council of the City of National City, California, on August 19, 2014 by the following vote, to -wit: Ayes: Councilmembers Morrison, Natividad, Rios. Nays: None. Absent: Councilmembers Cano, Sotelo-Solis. Abstain: None. AUTHENTICATED BY: RON MORRISON Mayor of the City of National City, California iI City Clerk of the City off' National City, California By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2014-123 of the City of National City, California, passed and adopted by the Council of said City on August 19, 2014. City Clerk of the City of National City, California By: Deputy CITY OF NATIONAL CITY, CALIFORNIA COUNCIL AGENDA STATEMENT MEETING DATE: August 19, 2014 AGENDA ITEM NO. 15 ITEM TITLE: Resolutions of the City Council of the City of National City authorizing the City of National City to opt into three Property Assessed Clean Energy (PACE) Programs to enable property owners in the City to access financing for energy and water conserving improvements through a voluntary contractual assessment program. A. HERO Program — Resolution of the City Council of the City of National City, 1) consenting to the inclusion of properties within the City in the California HERO Program, 2) approving an amendment to the Joint Powers Agreement of the Western Riverside Council of Governments adding the City as an Associate Member and providing for the indemnification of the City, and 3) authorizing the Mayor to execute the amendment. B. CaliforniaFirst Program — Resolution of the City Council of the City of National City, 1) authorizing the City to join the California FIRST Program, and 2) authorizing the Mayor to execute an Indemnification and Insurance Agreement between the City and Renewable Funding, LLC, which is the administrator of the CaliforniaFIRST Program. C. Figtree PACE Program — Resolution of the City Council of the City of National City approving the Associate Membership by the City in the California Enterprise Development Authority and authorizing the Mayor to execute the Associate Membership Agreement; and Resolution of the City Council of the City of National City, 1) consenting to the inclusion of properties within the City in the Figtree PACE Program, and 2) authorizing the Mayor to execute an Indemnification Agreement between the City and Figtree Company, Inc. which is the administrator of the Figtree PACE Program. PREPARED BY: Raymond Pe DEPARTMENT: PHONE: '336-4421, APPROVED BY: EXPLANATION: PACE allows a property owner to access capital for energy and water retrofits and repay it as an assessment on their property tax bill. PACE is attached to the property itself; it is not considered a debt of the property owner. As title to the property transfers upon sale, so does the PACE assessment. PACE enables property owners to borrow funds for terms that match the useful life of the retrofit, typically 10 to 20 years. Therefore, a PACE funded retrofit can often be designed such that the annual energy and water cost savings covers the annual assessment payments. In this manner, a property owner can make their building more efficient without any cash outlay or diminishina their ability to borrow for their primary business needs. FINANCIAL STATEMENT: ACCOUNT NO. Not Applicable ENVIRONMENTAL REVIEW: This activity is not a project as defined in Section 15378 of the California Code of Regulations and, therefore, no further action is required under the California Environmental Quality Act. APPROVED: Finance APPROVED: MIS ORDINANCE: INTRODUCTION: FINAL ADOPTION: STAFF RECOMMENDATION: Adopt resolutions to opt into three Property Assessed Clean Energy (PACE) Financing Programs. BOARD / COMMISSION RECOMMENDATION: Not Applicable. ATTACHMENTS: 1. Background Report Attachment 1 BACKGROUND REPORT PACE allows a property owner to access capital for energy and water retrofits and repay it as an assessment on their property tax bill. PACE is attached to the property itself; it is not considered a debt of the property owner. As the property transfers upon sale, so does the PACE assessment. PACE enables property owners to borrow funds for terms that match the useful life of the retrofit, typically 10 to 20 years. Therefore, a PACE funded retrofit can often be designed such that the annual energy and water cost savings covers the annual assessment payments. In this manner, a property owner can make their building more efficient without any cash outlay or diminishing their ability to borrow for their primary business needs. PACE's reliance on the special tax assessment system means that local government must take affirmative steps to establish one or more PACE programs before it is available to property owners within the jurisdiction. Jurisdictions must create their own PACE district or join an existing program run by other jurisdictions or a Special District, generally a joint powers authority (JPA). Building retrofits produce a number of benefits that do not generate payback for the private property owner, but nonetheless carry significant public benefit: • Reduce carbon emissions, • Save natural resources, • Reduce grid dependence, • Stimulate local economies by generating green jobs, • Increase property values, • Enhance building safety. In 2012, the City of National City approved a Climate Action Plan (CAP) aimed at bringing National City's carbon emissions to 15 percent below 2005 levels by 2020. The CAP specifies five measures to mitigate emissions from existing buildings including measure A1.a.4: "Adopt an energy financing program to encourage energy efficiency retrofits in existing buildings." The proposed resolutions would make multiple PACE financing options available to National City property owners who choose to participate. Jurisdictions have the option of creating their own PACE program or joining an existing program run by a Joint Powers Authority (JPA). There are three such JPA programs available statewide. All of the other jurisdictions in San Diego County have all joined at least one JPA PACE program and most have opted into multiple programs. Creating National City's own PACE program would require significant resources to setup and operate and could leave the City exposed to greater liability. The three JPA-run PACE programs allow National City to make PACE available while requiring virtually no City staff time to administer the programs. The JPAs are responsible for all set up, operational, and administrative functions. The City can optionally employ resources to support enhanced program marketing and outreach as determined by the City. The table below summarizes the three JPA PACE programs: CaliforniaFIRST Figtree PACE HERO Program JPA: CSCDA CEDA WRCOG PACE Provider / Administrator: Renewable Funding Figtree Financing Renovate America; comet ( Capital (commercial) Jurisdictions Participating: 183 58 158 Transactions Completed: 2 / $260,000 2 / $2,500,000 12,941 / $245,000,000 Transactions Pending: 94 / $64,000,000 15 / *not available 25,943 / $1,040,000,000 Process to Join a JPA-run PACE Program There are four general steps to make a JPA-run program available to property owners. 1. Membership — The City must first become a member of the JPA if it is not already. 2. Opt -Into Program — A resolution is required to authorize the JPA to operate the program in the city. 3. Indemnification — The City must agree to provisions that limit its liability. 4. Judicial Validation — Judicial validations must be completed prior to launch. Each of the three programs differ in how they proceed with these four steps. This is a result of a few factors, including: whether the City is already a member of the JPA, how the JPA is structured, and how these PACE programs evolved over time. The specific agreements and resolutions required for each PACE program are described below under the heading for each program. All three PACE programs practice judicial validation before any transactions are completed in a jurisdiction. Judicial validation is a tool to decrease legal risk by filing a court action requesting a judge review the legal foundation of a matter. In the case of two JPA-run PACE programs, CaliforniaFIRST and Figtree PACE, statewide validations have already been completed that cover National City. For the HERO program, validations are filed in batches as new jurisdictions join. If approved by this Council, WRCOG is expected to file a judicial validation covering National City at the end of September. HERO program representatives estimate that the validation will be complete by January, at which time the program will go live. 2 HERO PACE Program The Western Riverside Council of Governments (WRCOG) is a regional association of local governments in Western Riverside County formed in 1991 to coordinate regional and inter -agency issues. The JPA launched the HERO program in December 2011 for residential properties and in December 2012 for commercial properties. The program is administered by Renovate America for residential properties and by Samas Capital for commercial properties. Renovate America is based in the City of San Diego. Residential HERO was the first residential PACE program to launch following the Federal Housing and Finance Administration's (FHFA) July 2010 statement citing concerns about PACE's impact on the mortgage market. After the program experienced rapid uptake, approving thousands of applications and funding tens of millions of dollars in its first year, WRCOG amended its JPA agreement, opening Associate Membership to jurisdictions statewide to participate in their PACE program. As the program has expanded to new jurisdiction, Renovate America has continued to report rapid uptake, which they attribute to their simplified product offering, software and service alignment with contractor's business models. HERO program representatives report that as a result of the program, many thousands of green jobs have been created as participating contractors have seen their businesses grow. Long- term funding is raised by packaging PACE loans into securities and selling them. In April 2014, Deutsche Bank sold the first securities constructed for $103 million in residential PACE loans from Renovate America's HERO program. To make the HERO program available within National City, a single resolution is required to authorize the program. The resolution includes an attached agreement between WRCOG and National City, where National City would agree to terms of Associate Membership under an Amendment to the WRCOG JPA Agreement. Indemnification provisions are included in the agreement. Council would need to authorize the Mayor to execute this agreement. CaliforniaFIRST PACE Program The California Statewide Communities Development Authority (CSCDA) was created in 1988 to provide California's local governments with an effective tool for the timely financing of community -based public benefit projects. National City and more than 500 cities, counties and special districts in the state are Program Participants to CSCDA — which serves as their conduit issuer and provides access to an efficient mechanism to finance locally -approved projects. CSCDA contracts with Renewable Funding to offer the CaliforniaFIRST PACE program. Renewable Funding began accepting applications for the CaliforniaFIRST commercial PACE program in July 2012. The commercial program opened funding to any qualifying lender that the property owner chooses; the property owner is responsible for negotiating and comparing terms. Little outreach and marketing is provided locally. CaliforniaFIRST has not yet fully funded any commercial projects in 3 San Diego County as of mid -June 2014, although they reported there were transactions in the final stages. On the residential side, Renewable Funding is rolling out a program for homeowners and expects to offer it countywide to all contractors by mid -September 2014. To participate in CaliforniaFIRST, as National City is already a member of CSCDA, a single resolution is required which authorizes CSCDA to operate the program within the City. Council authorization is also requested for the Mayor to sign the indemnification agreement between National City and Renewable Funding. Figtree PACE Program The California Association For Local Economic Development (CALED) established the California Enterprise Development Authority JPA (CEDA) to address gaps in economic development financing. Specifically, CEDA's goal is to issue industrial development bonds (IDBs) for small- to medium-sized California manufacturers. IDBs are a powerful incentive for business expansion and location. CEDA also issues 501(c)3 Non -Profit bonds and has recently seen success in refinancing existing debt for non-profit businesses such as private schools, community centers, and health clinics. CEDA contracted with Figtree Financing to offer PACE programs to member jurisdictions. Figtree is based in the City of San Diego and focuses primarily on commercial properties. Figtree was the first firm to successfully combine multiple pre - approved commercial PACE projects into a pooled bond. They also offer customized owner -arranged financing similar to CaliforniaFIRST, and in early 2014 they raised a pool of funding out of which they are now able to fund projects as they qualify, branded as "OnDemand PACE Financing." Figtree aims to launch a broad PACE financing product for homeowners in 2015. Their financing is currently available to residential properties with no mortgages or with loans that do not meet FHFA lending criteria (jumbo loans). In order to make the Figtree PACE program available in National City, Council will need to approve two resolutions and authorize two agreements. One resolution is required for Associate Membership in CEDA, along with signature of the Associate Member Agreement. Another resolutions is required to join the Figtree PACE program. Finally, staff requests Council's authorization for the Mayor to execute an indemnification agreement between Figtree Company and National City. Issues with PACE's Senior Lien Status PACE assessments, like other special assessments and property taxes, have senior lien priority over mortgages in the event of foreclosure. The federal regulators that oversee commercial and residential mortgages have expressed concern over how the first lien status of PACE affects the position of mortgage holders and suggested that they take corrective measures. Commercial and residential PACE programs address these risks by undergoing judicial validations and instituting certain program rules. Commercial PACE programs, including the three JPA programs before Council, address this by requiring that property owners communicate with their mortgage 4 holders with the details of the PACE lien to be placed on their property. The residential HERO program addresses these issues by providing disclosures designed to inform property owners of potential risk, including having to pay off the balance of their PACE assessment, and even having their mortgage accelerated. In Sonoma County, homeowners have sometimes been required to pay off their PACE assessment upon sale or refinance; however, HERO reports that none of their borrowers have been required to do so. Regarding mortgage acceleration, this measure has never been enforced. California government officials are actively communicating with FHFA and taking additional steps to address their concerns. In 2014, California established a PACE Loss Reserve Fund to compensate mortgage holders for any losses associated with a PACE lien in the event of foreclosure. The reserve pool is guaranteed up to $10 million on a first -come, first -served basis. The FHFA acknowledged the program in 2014 but stated they have not changed their position. In California, over 170 jurisdictions have decided that the benefits of residential PACE outweigh the risks and have opted to create their own program or join an existing program. Recommendation Staff recommends that Council take the following actions: 1. Approve a resolution seeking inclusion in the California HERO Program and an amendment to the WRCOG Joint Powers Agreement establishing National City as an Associate Member. 2. Authorize the Mayor to execute the JPA Amendment with WRCOG, establishing National City as an Associate Member. 3. Approve a resolution authorizing CEDA, through Figtree Energy Financing, to offer their program and levy assessments within the City of National City. 4. Approve a resolution to join the CEDA JPA as an Associate Member. 5. Authorize the Mayor to execute the Indemnification Agreement with Figtree Company. 6. Authorize the Mayor to execute the Associate Membership Agreement with CEDA. 7. Approve a resolution authorizing the CSCDA JPA to offer the California FIRST program and levy assessments within the City of National City. 8. Authorize the Mayor to execute the Indemnification Agreement with Renewable Funding. This action would .make available the three JPA-run PACE programs to property 5 owners within National City, namely, CaliforniaFIRST, Figtree PACE, and the HERO Program. Doing so will make PACE financing available to property owners in National City in order to facilitate water and energy saving building retrofits. Opting into existing JPA- run PACE programs rather than establishing a new standalone program requires fewer resources, makes PACE available more quickly, reduces program risk, and puts less of a participation burden on contractors, property owners and banks. Giving property owners (and contractors) multiple PACE options allows each to decide which program is best for their individual needs. This will help foster an innovative and competitive market for PACE financing services. As additional PACE program options become available, staff recommends that National City enable property owners to access those programs, provided they meet the following basic requirements: E There is minimal cost to National City. • There is minimal ongoing administrative burden to National City. • Participation does not inordinately expose National City to risk. • Participation does not inordinately expose National City property owners to risk. Fiscal Impact There will be no direct impact on the General Fund of the City. Staff time associated with consideration and adoption of this action is reimbursable via SDG&E's Emerging Cities Grant. Additional staff time is absorbable. Minimal staff time is anticipated to assist with the implementation of the programs and track their progress. Additional staff time would be needed to bring future PACE program options before Council for consideration. Attachments 1. PACE Policy Memo. 2. HERO California Residential Handbook, December 17, 2012. 3. Resolution Number 4-13, Resolution of the Western Riverside Council of Governments Declaring its Intention to Finance Distributed Generation Renewable Energy Sources, Energy and Water Efficiency Improvements and Electric Vehicle Charging Infrastructure Through the Use of Voluntary Contractual Assessments Pursuant to Chapter 29 of Part 3 of Division 7 of the California Streets and Highways Code and Setting a Public Hearing Thereon (California HERO Program). 4. Amendment to the Joint Powers Agreement Adding the City of National City as an Associate Member of the Western Riverside Council of Governments to Permit the Provision of Property Assessed Clean Energy (PACE) Program Services within National City. 5. CaliforniaFIRST Program Report, County of San Diego (as of March 8, 2010). 6. California Statewide Communities Development Authority Resolution 10R-7, Resolution Declaring Intention to Finance Installation of Distributed Generation Renewable Energy Sources, Energy Efficiency and Water Efficiency Improvements, County of San Diego. 7. Indemnification and Insurance Agreement between the City of National City and Renewable Funding, LLC, the administrator of the CaliforniaFIRST Program. 8. Figtree PACE Program Report, Revised: June 4, 2014, minus the Boundary Maps of the Participating Agencies in Exhibits A-1 through A-47. 9. Resolution No. 13-39, Resolution California Enterprise Development Authority Declaring Intention to Finance Installation of Distributed Generation Renewable Energy Sources, Energy Efficiency and Water Efficiency Improvements in the County of San Diego. 10.Associate Membership Agreement between the California Enterprise Development Authority and the City of National City adding the City of National City as an Associate Member. 11.Indemnification Agreement between the City of National City and Figtree Company, Inc., the administrator of the Figtree PACE Program. Esther Clemente From: Eric Engelman <eric.engelman@gmail.com> Sent: Tuesday, September 02, 2014 3:16 PM To: Elisa Cusato Cc: Mike Dalla; Ray Pe; Alfredo Ybarra Subject: Re: PACE resolutions and agreements status Mike, Here are details on the document needs for each PACE provider. Let me know if you have any questions. Eric Hero 2 wet signed copies each of JPA agreement and Reso We need two signed copies of the indemnification and membership agreements. We will execute a copy and send it back. We also need 1 original or certified copy of the resolutions. Scan of signed reso and indemn. agreement eric engelman energy policy consultant direct: 619.800.3405 WRCOG Attn: Barbara Spoonhour 4080 Lemon Street 3rd Floor Riverside CA 92501 Attn: Erik Caldwell Figtree Company 9915 Mira Mesa Blvd. Suite 130, San Diego, CA 92131 ihutmanPrenewfund.com On Fri, Aug 29, 2014 at 7:50 AM, Eric Engelman <eric.engelman(&gmail.com> wrote: Hi Mike, I am a conculting supporting the City in establishing it's PACE financing policies/programs. I am checking in on the PACE items that were approved by Council on August 19. Three resolutions and four agreements. Signed copies of these need to be sent to the respective three PACE providers. I can assist with facilitating that if needed. What is the present status? Feel free to give me a call for any support. Fric i CITY OF NATIONAL CITY Office of the City Clerk 1243 National City Blvd., National City, California 91950 619-336-4228 phone / 619-336-4229 fax Michael R. Dalla, CMC - City Clerk September 8, 2014 Mr. Erik Caldwell Figtree Company 9915 Mira Mesa Blvd. Suite 130 San Diego, CA 92131 Dear Mr. Caldwell, On August 19th, 2014, two Resolutions were passed and adopted by the City Council of the City of National City. Resolution No. 2014-123, authorizing execution of an Associate Membership Agreement with the California Enterprise Development Authority and Resolution No. 2014-124, authorizing execution of an Indemnification Agreement with Figtree Company, Inc. We are forwarding certified copy of the above Resolutions, and two partially executed original Membership and Indemnification Agreements. Please return one fully executed original Membership and Indemnification Agreements to us for our files. Sincerely, /J Michael R. Dalla, CMC City Clerk Enclosures MI I October 14, 2015 City of National City Office of the City Clerk 1243 National City Blvd., National City, CA 91950-4397 Michael R. Dalla — City Clerk (619)336-4226 (619) 336-4229 TO: Martin Reeder, Principal Planner FROM: Michael Dalla, City Clerk SUBJECT: Incomplete 2014 Contract Documents Please review the attached list of contracts from 2014 for which our office has never received a fully executed original document. If your Department has or is able to acquire a fully executed original document, please provide it to us. After November 1st, it is my intention to insert a "Note to File" in the respective contract folder indicating that a fully executed original was never received by our office.