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HomeMy WebLinkAboutAgenda Packet - EVWD Board of Directors - 06/09/2009Ws EastVailey Water District 3654 HIGHLAND AVE., SUITE #12, HIGHLAND, CA BOARD MEETING June 9, 2009 3:00 P.M. AGENDA --------------------------------------------------------------------- "In order to comply with legal requirements for posting of agenda, only those items filed with the District Secretary by 10:00 a.m. on Wednesday prior to the following Tuesday meeting not requiring departmental investigation, will be considered by the Board of Directors ". --------------------------------------------------------------------- CALL TO ORDER PLEDGE OF ALLEGIANCE 1 Public Comments 2. Approval of Agenda CONSENT CALENDAR 3. Approval of Special Board meeting minutes for May 26, 2009 4. Approval of Board meeting minutes for May 26, 2009 5. Accounts Payable Disbursements: Accounts Payable Checks # 219863 through # 220025 which were distributed during the period of May 27, 2009 through June 3, 2009, in the amount of $817,081.67 and Payroll and benefit contributions for the period ended June 3, 2009 and included checks and direct deposits, in the amount of $275,313.98. Total Disbursement for the period $1,092,395.65. 6. General Managers fee's and expenses OLD BUSINESS 7. Discussion and possible action regarding the Water Resources Institute annual contribution and presentation from Susan Lien Longville. 8. Discussion and possible action regarding East Valley Water District's draft informational handout 9. Discussion and possible action regarding North Fork Water Company stock acquisition policy 10. Discussion and possible action regarding the District's 2009 -2010 draft budget NEW BUSINESS 1 1. ^Discussion and possible action regarding bottled water request from James M. "Jim" Smith, for the TinMan Triathlon & 5K Run/Walk/Roll, Cal State University San Bernardino, June 29 "', 2009 12. Discussion and possible action regarding bottled water request from Mike McCracken, for the 2009 Spring Golf Tournament, which will benefit the Candle- Lighters - Social Family Camp, June 20 "i, 2009 13. Discussion and possible action regarding bottled water request from Jim Nonnemacher (The American Legion Highland Post 421) for the National POW /MIA Recognition Day, September 18`x', 2009 14. Discussion and possible action regarding request from Robertson's to purchase two East Valley Water District well sites. 15. Discussion and possible action regarding the District's 2009 -2010 Workers Compensation Insurance Renewal Package 16. Director's fees and expenses REPORTS 17. General Manager / Staff Reports 18. Consultant Reports 19. Committee Reports a. Legislative (Standing) b. Budget (Standing) c. Public Outreach (Standing) ?0. Oral comments from Board of Directors CLOSE_ 1D SESSIONS 21. _ Conference with legal counsel — Anticipated Litigation (Significant exposure to litigation pursuant to Government Code Section 54956.9(b) One Potential Case ADJOURN Pursuant to Government Code Section 54954.2(a), any request for a disability - related modification or accommodation, including auxiliary aids or services, that is sought in order to participate in the above- agendized public meeting should be directed to the District's Administrative Manager at (909) 885-4900 at least 72 hours prior to said meeting. ------------------------------------ ------- ---------------- - -- - -- 2 Subiect to Approval EAST VALLEY WATER DISTRICT May 26, 2009 SPECIAL BOARD MEETING MINUTES The meeting was called to order at 2:00 p.m. by President Goodin. Mr. Sturgeon led the flag salute. PRESENT: Directors: Goodin, LeVesque, Morales, Sturgeon, Wilson A13SENT: None STAFF: Robert Martin, General Manager; Brian Tompkins, Chief Financial Officer; Ron Buchwald, District Engineer; Eileen Bateman, Executive Assistant; Cecilia Contreras, Administrative Office Specialist LEGAL COUNSEL: Steve Kennedy GUEST (S): Jo McAndrews (McAndrews & Boyd), Becky Kasten (EVWD), Charles Roberts (Highland Community News), Larry Malmberg, Michael Perez PIJ13LIC PARTICIPATION President Goodin declared the public participation section of the meeting open at 2:02 pm. There being no verbal or written comments the public participation section was closed. PRESENTATION BY SUSAN LIEN LONGVILLE REGARDING THE WRI AND EV`vVD'S SUPPORT OF THE PROGRAM There being no representative from WRI at this time the Board proceeded to Item No. 3. DISCUSSION AND POSSIBLE ACTION REGARDING THE DISTRICT'S 2009 - 2010 DRAFT BUDGET (Minutes 021(0/2009) etb I The General Manager presented a detailed review of the District's draft budget; that the City of San Bernardino is responsible for the holding of the surcharge east of Boulder; that they are responsible for repairs to the sewer trunk - lines; that Western Water and Elsinore water utilize tiered rate structures; that fixed and tiered rate structures were taken into consideration in comparison to other agencies; that other agencies measure units in 1,000 gallons as well as hundred cubic feet; presented a detailed review of line items in the operating budget; that he will provide an updated plan to cut costs; that the District currently has a hiring freeze in place Director LeVesque inquired about the sewer charge east of Boulder; what agency is responsible for repairs; if Western water and Elsinore water have tiered rate structures; President Goodin requested clarification of different rate structures used by other agencies reflected in the draft budget; that the District look into ways to cut more costs Director Morales inquired about the changes of costs related to the facilities /maintenance line item; that he attended the Financial Strategy Session at the ACWA conference; that the District look into aid with grant writing Director Sturgeon inquired about the guidelines the District follows with employee vacancies THE BOARD TOOK A 5- MINUTE BREAK AT 3:56 PM. THE BOARD RETURNED TO SESSION AT 4:03 PM. ADJOURN The meeting was adjourned at 4:13 p.m. until the next Regular Board Meeting. Robert E. Martin, Secretary Donald D. Goodin, President (Minutes 02/10/2009) etb 2 Subject to Approval EAST VALLEY WATER DISTRICT May 26, 2009 REGULAR BOARD MEETING MINUTES The meeting was called to order at 4:13 p.m. by President Goodin. PRESENT: Directors: Goodin, Le Vesque, Morales, Sturgeon, Wilson ABSENT: Director: None STAFF: Robert Martin, General Manager; Brian Tompkins, Chief Financial Officer; Ron Buchwald, District Engineer; Eileen Bateman, Executive Assistant; Cecilia Contreras, Administrative Office Specialist; Becky Kasten, Accounting Supervisor LEGAL COUNSEL: Steve Kennedy GUEST (S): Jo McAndrews (McAndrews & Boyd), Larry Malmberg, Michael Perez APPROVAL OF AGENDA M /S /C (Wilson - Sturgeon) that the May 26, 2009 agenda be approved as submitted. PUBLIC PARTICIPATION President Goodin declared the public participation section of the meeting open at 4:13p.m. There being no written or verbal comments, the public participation section was closed. APPROVAL OF BOARD MEETING MINUTES FOR MAY 12, 2009 M/S /C (LeVesque - Wilson) that the Board Meeting Minutes be approved as submitted. DISBURSEMENTS M /S /C (LeVesque- Wilson) that General Fund Disbursements #219669 through 4219862 which were distributed during the period of May 7, 2009 through May 20, 2009, in the amount of $564,868.88 and Payroll and benefit contributions for the period ended May 20, 2009 and included checks and direct deposits, in the amount of $216,146.64, totaling $780;985.52 be approved. (Minutes 5/26/2009) cmc 1 RESOLUTION 2009.08 — A RESOLUTION OF THE BOARD OF DIRECTORS OF THE EAST VALLEY WATER DISTRICT SUPPORTING THE "ONE WATER ONE WATERSHED" SANTA ANA RIVER WATERSHED INTEGRATED REGIONAL WATER MANAGEMENT PLAN AND ITS SUBMISSION TO THE DEPARTMENT OF WATER RESOURCES FOR PROPOSITION 84, CHAPTER 2 PROGRAM FIRST -ROUND FUNDING Mr. Martin recommended that this Resolution be adopted; that it was requested by SAWPA (Santa Ana Watershed Project Authority) M/ S/C (Sturgeon - Wilson) that Resolution 2009.08 be approved as submitted. DISCUSSION AND POSSIBLE ACTION REGARDING LATE CLAIM RELIEF FROM DIANE GLASCOM M /S /C (Wilson- Sturgeon) to accept the late claim application and to deny the claim and refer to legal counsel and the District's insurance carrier. DISCUSSION AND POSSIBLE ACTION REGARDING THE DISTRICT'S 2008 CONSUMER CONFIDENCE REPORT (CCR) Mr. Martin stated that the CCR has been reviewed by Engineering; that the CCR will be distributed by the end of June. M /S /C (Sturgeon - Wilson) that the District's Consumer Confidence Report be approved. DISCUSSION AND POSSIBLE ACTION REGARDING REPORT ON LIABILITY FOR OTHER POST EMPLOYEE BENEFITS (OPEB) Mr. Martin and Mr. Tompkins reviewed the actuarial evaluation in detail. M /S /C (Wilson - LeVesque) to accept the report on liability for Other Post Employee Benefits (OPEB), Mr. Tompkins recommended that we wait a couple of years to see how assumptions work out before fully funding this obligation. M /S /C (LeVesque- Wilson) to fund the actual costs this year and to revisit this issue next fiscal year. DISCUSSION AND POSSIBLE ACTION REGARDING NOMINATIONS FOR THE CSD,A BOARD OF DIRECTORS No action taken. (Minutes 5/26/2009) erne 2 DISCUSSION AND POSSIBLE ACTION REGARDING LETTER AGREEMENT WITH[ THE CITY OF HIGHLAND FOR THE ACQUISITION OF AERIAL IMAGERY FOR GIS HIGH RESOLUTION CAPABILITY Mr. ]Martin discussed the letter agreement with The City of Highland; that the City of Highland would front the cost of the aerial imagery; that the District would pay its portion next :fiscal year. M /S /C (I,eVesque- Sturgeon) that the letter agreement with The City of Highland for the acquisition for Aerial Imagery for GIS High Resolution Capability be accepted. REVIEW AND ACCEPT FINANCIAL STATEMENTS FOR THE PERIOD ENDED APRIL 30, 2009 M/S /C (Wilson- LeVesque) to accept the financial statements for the period ended April 30, 2009. GENERAL MANAGER / STAFF REPORT Mr. Martin stated that Well 151 is now online; that it has a DHS Operating Permit; that it is pumping 2,900 GPM and that it has slight PCE levels but is being monitored. Information only. CONSULTANT REPORTS There were no consultant reports. COMMITTEE REPORTS There were no committee reports. ORAL, COMMENTS FROM BOARD OF DIRECTORS Director Morales attended the ACWA conference and found it to be very informative. Director Wilson also attended the ACWA conference; he also stated that there will be a Public Outreach Committee meeting on May 27, 2009. Director Sturgeon stated that Hatfield GMC was given a letter that stated their franchise will not be continued; that the community is backing Hatfield; that the District has purchased several of our vehicles from them; that he would like the General Manager to write a letter of support for Hatfield. President Goodin stated the he will be attending the WESTCAS meeting in June. (Minutes 5/26/2009) cmc 3 WE STCA.S 2009 ANNUAL MEETING, KONA KAI RESORT, SAN DIEGO, JUNE 24- 26, 2009 Information Only ADJOURaN The meeting was adjourned at 5:02 p.m. until the next Board Meeting on June 9, 2009 Robert E. Martin, Secretary Don Goodin, President (Minutes 5/26/2009) cmc 4 1. IZN(oWater East Valley District Board Memorandum From: Brian W. Tompkins / Chief Financial Officer S�utlject: Disbursements. ?/�/� Recommendation: Approve the attached list of accounts payable checks and payroll issued during the period May 27, 2009 through June 3, 2009. Date: JUNE 9, 2009 Background: Accounts payable checks are shown on the attached listing and include numbers 219863 to 220025 for A total of $817,081.67. The source of funds for this amount is as follows: Unrestricted Funds $817,081.67 Grant Funds Payroll and benefit contributions paid for this period totaled $275,313.98. Total disbursements $1,092,395.65. 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W d (U O O a E L O w V N W LLI a 1n > � Lu � � a m N U ,«° Y U 2 LL o o o O O o O o o O O O O O O O O O O O N u) N N O N O O 00 N 1 O 1 n N O ce) N O N M LO N O N O N O (U p0 U) co N O 0 O O O Q O O O N 00 d' 00 CO co 00 Q N 00 LO O, r co .d W •- co f0 co (O N N CO co N (0, CO (0, LO (O O co V 0tl- O•- OCfl O O r r ON OC` Or r 0, Or O r- 7 P N (U (- YO 100 Y00 Y00 YO YO Y00 YO YO YO U-> U: >> U>> U» U> U> U > U> U> U> o � >- U = N a N - N N P O S. p Z 0 r co m O r N M V CO .x U �n , N I m �M v Nm Nw Ne v No Nan NN iu ui 0o 00 Our w 0C) o OM M 00 0 0m 00 0 OM 00 0 00 Om m 00 0 O w 00 Oi0 00 ON 00 m i6 E (� Nr Nr r Nr Nr Nr Nr Nr Nr NN Nr y .) i= :n C) 04 o No 0 r No o r No 0 No No r No o No No No 7A jj(WoEastValley Water District El ;oard Memorandum From: Brian W. Tompkins / Chief Financial Ofiior / Subject: General Manager's Expenses. Recommendation: Approve the attached list of payments and reimbursements for Gleneral Manager expenses during the period May 27, 2009 through June 3 ,2009. Elackground: DATE: JUNE 9, 2009 Business and Travel expenses incurred by the General Manager and paid during the reporting period stipulated above totaled $240.18. A. summary of theses expenses by authorized payment methods follows: American Express — R Martin American Express — J Hendricksen CalCard — R Martin CalCard -• J Hendricksen CalCard — E Bateman Direct Reimbursement 240.18 Total $240.18 �0 East Val ley � Water District About Us Incorvorated: in 1954 under County Water District Laws. i ft I _061 Our Mission is to provide our customers with a safe and reliable water supply that is delivered at a fair and cost - effective price. Services: domestic water and sanitary sewer. Serves: City of Highland and the eastern portions of the City of San Bernardino. Service area: 30 square miles. Service population: approximately 70,000. Governance Zioard' oJ'Directors: 5 Member Board elected at large. ,board m eetings: 2nd and 4 " Tuesday of each month at 3:00 p.m I6udgerr: July 1, 2008 -June 30, 2009: $25.6 million. Capital Replacements: $449,750. Capitallmprovements: $7,719,824. Employees: 69 Administration Type a fAgency: Special District (government). Funding Sources: Operations are financed solely through sales of water and sewer service. Capital p:rojec'ts are partially funded through the sale of debt instruments. No tax support is received. Facilities and Operations tnillion gallons. Water Distribution Mains: 252 miles. Wastewater Collection Mains: 200 miles. Water Quality: Meets or exceeds all regulations set forth by the State and Federal Government. Wells: 19 active and 2 more that will be on -line in 2009. Treatment Plant: The Philip A. Disch Surface Water Treatment Plant can treat up to 4 MGD. Plant Construction: Began 1994; completed and operational 1996. Other Information One Hundred Cubic Feet (HCF) equals 748 gallons. MGD: Million Gallons per Day. Water Conservation: www.bewaterwise.com East Vialley's cost of water: one penny purchases 5 %2 gallons of water. How To Contact Us Daily use: East Valley Water District Phone Numbers Produce and P.O. Box 3427 Customer Service deliver an San Bernardino, CA 92413 (909) 889 -9501 average of 21 Main Office Administration MGD to its 3654 E Highland Ave #18 (909) 885 -4900 customers. Highland, CA 92346 Engineering Storage: Business Hours (909) 888 -8986 Reservoirs and 8:00 am — 5:00 pm Finance tanks can hold 26 Monday — Friday (909) 381 -6463 Water,Sources: Bunker Hill Groundwater Basin, Santa Ana River and the State; Water Project. North is'ork Canal: 8 miles long and provides water from the Santa Ana River for historic irrigation and EV WD Philip .A. Disch Surface: Water Treatment Plant. After Hour / Emergency (909) 889 -950] Website www.eas*,valley.org Board (Memorandum From: Brian W. Tompkins / Chief Financial Officer Subject: Purchase of NFWC Stock Recommendation: Authorize staff to offer the following terms for the purchase of NFWC stock. E3ackgr4)und: Date: June 9, 2009 On Tuesday, June 16 ", 2009, the North Fork Water Company Board will meet to levy a special assessment against shares of NFWC stock. The special assessment will pay for costs of replacing the North Fork. Canal that were not reimbursable by a grant from FEMA. The amount of the assessment will be approximately $85 per share. At this assessment: level many shareholders are expected to try to sell their NFWC shares, especially those who do not, or cannot, tike delivery of water from the canal. Assuming it is the desire of the EVWD board to acquire more shares of NFWC stock, staff requests authorization to offer the following terms in order to complete stock acquisitions: Purchase price per share - $175.00 less the amount of the per share special assessment After completion of sale — former shareholder may lease back the water rights, for up to 5 years, at a lease rate equal to NFWC annual operating assessment. There will possibly be other stockholders looking to purchase any shares offered for sale, and as cowracted administrators of the North Fork Water Company, EVWD will be obliged to make the terms of competing purchase offers available to prospective sellers. Budget Impact: The 2008 -09 budget includes a $10,000 line item for purchase of NFWC stock, and the 2009 -10 draft budget has an allocation of $20,000 for this purpose. Justine Hendricksen Frorn: Bob Martin Sen4: Wednesday, May 27, 2009 1:33 PM To: Justine Hendricksen Subject: FW: FW: WATER - Tracylyn Tin sponsor flyerFinalac.pdf (... Add as backup to agenda item. Bob - - -- -- Original Message---- - From: Tracylyn Sharr.it [ Sent: Wednesday, May 27, 2009 12:22 PM To: J Smith Cc: Bob Martin; Thom Salisbury Subject: Re: FW: WATER - Tracylyn Dear Jim, CC; Bob, CC: Thom Thank you for taking this _ *water donation request * to your board meeting for consic.eration. Our Annual Tin Man Triathlon is a key community race in San Bernardino and has been for going on 23 years. Water is the life force of such an event as over 1,000 runners, cycl --Lsts and competitors rely on staying hydrated. Our past water provider is no .longer available. East Valley Water is the City of San Bernardino life force and we feel your sponsoring the water needs is a perfect fit. Again thanks Jim for making this contact for us and :for everything you do to promote what is good in San Bernardino and California as a Native Son of The Golden West. (SEE ATTACHED SPONSOR INFORMATION) Contact Tracylyn or Thom to clarify any information. Thanks again Bob. : -) Needs 5,000 bottles of water (Event Participant & Volunteer Water Needs) 200 gallons of water (5 -k Watering Stations) 4,000 8 -12 oz cups (5k Run Watering Stations) Sincerely Tracylyn Sha.rrit 951- 236 -3999 cell J Smith wrote: > FYI > *games M. "Jim" Smith* > Sales Associate > NEC Radio KCAA 1050 AM > 254 Carousel Mall > .San Bernardino, Ca 92401 > (909) 915 --4785 > > > ------------------------------------------------------------------ • Subject: RE: WATER - Tracylyn • Date: Wed, 27 May 2009 08:25:38 -0700 • From: • To: 1 :�tEl)IC'AL411, .'FKTF.Ii PAST (':1 \ll'llS PAC241 l i i-1 iaQ OFFICIAL SPONSORSHIP REQUEST THE ORIGINAL °TINMAN„ 4nnual �', JUNE 28 • 7A.11 ATE. UNIV. SAN BERNARDINO taryTriathlon.com "I riHthlon SKRun 1%kal000ms Walk /Roll PRESENTED BY: 1 TIEU WKS to Our 2008 Sponsors Whose Generous Support & Prizes Made This Event Possible... u,. ,. FVmkMHeme[ lhtt� W Lauer Really �.. , a ww"'M—,, uyVVI N c a✓a xwr.mU— SA JJJ(kIARROVrtIFAt) FAlixVls' 1. ��ARHOWHhi�D ,p'a'Y��M 1� TRACER JOE'S •® AA R& IR1 ���yryv -/'�� i).u.Jl,••,v fit)nATVIL ,.1..R& mma�Nw 4-�•�E�•)37! I "LOWERS BryFnd„ fool Efz �._ AItkFVtg a rs.�soa s ' "t"`•.,,'. °. „.. S i n�bul�us /�,,C[ SP V! 'ter lAINU(E /-��It a� �,me J1. <nax} Nl q' NflS$ /!iE •, D,I.M UIM11l3 Dear Business Partner: The San Bernardino Sunset Rotary Club is involved in many projects that benefit people both locally and internationally In addition, we award several scholarships to local youth. For 22 years, our primary fundraising event is the highly regarded Tin Mari Triathlon and 5K Run, Walk and Roll. This year, we're delighted to have partnered with PossAbilities and Loma Linda University Medical Center, East Campus and have added die Tiny'rots Tricycle Race and Kids Triathlon. This is a terrific opportunity to reach over 1000 Health- minded people and their families and to make a difference by supporting a terrific cause. We cordially invite you to participate in this worthy effort and offer the following opportunities to create awareness of your product or business, and demonstrate that you care. BECOME A SPONSOR OR VENDOR by choosing any of the sponsorship levels — starting as low as $100 — as listed on the back and receive the benefits associated with your support. > DONATE PRODUCT'S to be awarded as door prizes. DISPLAY OUR ENTRY FORMS in your place of business. Thank you for your consideration, should you have any questions, please call: John Williams 951- 279 -0692 Thom Salisbury 909- 855 -3116 Sponsorship level* Please check one, see detauls and entitlements at light. i Vendor A $100 Vendor B $150 - -i Bronze Sponsor $250 1 Silver Sponsor 8500 1 Gold Sponsor $1,000+ - I Platinum Sponsor $2,5110+ i .Presenting Sponsor $5,000 or more All Sponsorships are First- Ctllne* PLEASE NOTE: We are striving to oiler a diverse range of sponsors and vendors to enlighten and inform our more than 1,000 participants and their falniHes Should you wish to block out a compelidve product or service, we encourage you to tall asap. Subject to Approval' T'hc 2009 San Bernardino Sunset Rotary Club Tin Man Triathlon Adv.sory Board reserves the right to refuse applications that are not in line will: the overall ideals of this event. .A hill refund will be provided should your* application be denied. Should you have any questions, please cail,lohn at 951.279 -0692. Sponsorship Checklist Please be certain you have filled out :he form cmnpletely and have included paymlent method. 1. C7ecked Sponsorship Level 2. Completed all lines of form 3. Included sponsorship amount (check or money order) 4. Read the disclauner and set -up inl'orwation provided above right. Plc;ase send Completed form eitll )our check payable to: San:Bernardin.o SU1n; ;et Rotary Club Po Box 2904 San Bernardino, CA 92406 SPONSORSHIP LEVELS & ENTITLEMENTS All Sponsorship Levels Receive... Entitlement Package • 6' Display Table in General Exhibitor Area • Verbal Recognition During Event and Awards • Opportunity to Place Promo Materials in Goody Bags* Please provide at least 1000 pieurs, or Nebidous Creative can ezpmib, design and print for a nominal fee. • Company Logo on event T -Shirt and Print Materials° VENDOR A Sponsorship: $100 You supply your own canopy, table and chairs. VENDOR B Sponsorship: $150 we supply you with a canopy, table and chairs. Note: Both Vendor sponsorsbips incbute opportuni0, to place promo materiaG in Our Goody Bags' BRONZE Sponsorship: $250 Fntilkinent Package Plus: • One Participant Entry SILVER Sponsorship: $500 FntittwnentPackage Plus: • Three Participant Entries • 10' Canopy/Booth in Select Area • Opportunity to Place Banner (1) at Event GOLD Sponsorship: $1,000+ Fntitlernent Package Plus: • Includes Five Participant Entries • IO' Canopy/Booth in Select Area • Company Logo on SOME Print Materials • Opportunity to Place Banners at Pent I ruAl I'll II. \I \)16M Pbskk0es Abe 23rd Annwd Txia•th rosin 51{ Run `/°1 Walk /Roll 1. PLATINUM Sponsorship: $2,500+ Entitlement Package Plus: • Includes Ten Participant Entries to Up to 15' Canopy/Booth in Select Area • Company Logo on SOME Print Materials" • Opportunity to Place Banners at Event PRESENTING (One Only) Sponsorship: $5,000+ F.ntirlement Package Plus: • Includes Twenty Participant Entries • Up to 20' Canopy/Booth in Select Area • Company Logo on on ALL Print Materials* • Opportunity to Place Banners at Event Or Displav Branded BaRnnn Arch at Sti n/Ninish Lure ^Sponsnnhip inns be secured In noting. Some pointed mmeriak may na bo included as they may IV genentod beta, securing dspnomrship. GOODY Us; items (ll)Nl pieces) must be in nor h:mas no I:ner tbsn Friday, tune 26th. You cbt snail them m 71mm Salisbun, 1443 Clock detmue, RWIam6, CA 923-A or make am ulsou ds lw culling Thom at 909 855 -3116. VENDOR MAIN Vendon will Vile morn tanopg etc b, enmunged to brio, eller 6pm Samrdagline 27 foriniad %I up, and bdore Sam Sunday with pnotict.etc, ALL NiCHT SECURUY %Ill BE PROVIDED! OFFICIAL SPONSORSHIP INFORMATION Busin ViDrganization Name Contact Person Address City Land Phone Fat ( Entail P A Y M E N T State 'Lip Cell Phone I N F O R M A T I 0 N You can pay, for your sponsorship with Check or Money Order (made payable to San Bernardino Sunset Rotary Club). Payment Method (please check one):, Check El Money Order For moire info, call ,john at 951- 279 -0692 or Thom at 909 - 855 -3116 S Vve � -�--+. t •.. r' . w June 1, 2009 East Valley Water D 3654 E. I-fighland A, Highhaid, California (909)889 -9501 RE: 2009 Suite 18 Golf Tournament Subject: 13ottleo Water Donation To whom it concern; We ar:: holding our 2 G9 Spring Golf Tournament June 20°i of this year. I am water to be given (not sold) to our golfers and volunteers at the tournament. It of the toiumament will benefit the Candlelighter -Socal Family Camp Session. If you would like mor� information about CandleLighter- Socal, go to their socad:orl; I would like to thank �ou in advance for considering our request. Should you need contact rue by phone r the e -mail listed below. Best Regards, ( 909) 633-63$5 m_mecrac @af..net 3694 28th Street Highland, California a donation of bottled be noted that the proceeds @ www.eandlelighters- information, you may • �`�� �R r npq Marc, Eber!y Commander May 1, 2009 East Valley Water District 3654 E Highland Avenue Suite 19 Highland, CA 92346 -2607 Cone: Request for water donation From: Jim Nonnemacher American Legion Highland Post 421 25a' District POW/MIA Chairman Mail to: PO Box 883 28309 Highland Avenue Highland, CA 92346 .�J i :. _/UO E "aS`t f�'• ,' �:'.Gi t41WLiGF, The third Friday in September is proclaimed as National POW /MIA Recognition Day by our President, and solemn ceremonies are held at military installations, federal buildings, and countless schools, patriotic and Veterans organizations here in the United States and many other places around the world. Here in Highland, we have been holding a District (County) -wide event, inviting Veteran and patriotic organizations, well as the local community to join us for this event. I am asking East Valley Water District to donate 6 -8 cases of water, 16.8 oz size, to be given out to all those attending ceremony. We do not want nor will we accept money or donations for this water. Representatives from the Highland American Legion Post would make arrangements to pick up the water and your donation would be recognized on a banner at the event. For your records, our FEIN #33- 9246505 (American Legion Highland Post 421). I have included an event flyer, and if you need a contact number or may require additional information, I can be reached at (909) 862 -0251 (home) (909) 890 -8290 (Cell), or (909) 862 -8225 (AM Legion). Thank You for consideration of this request. d' "L Am Nonnemacher Event Chairman Encl.: 1 al nn 45 0epartment of 1 i 1 J � vrpu� National POW/MIA Recognition Day LOCATION: HIGHLAND AMERICAN LEGION POST 421 28309 HIGHLAND AVENUE HIGHLAND, CA 92346 (909) 862 -8225 Opening POW /MIA TABLE BALLOON LAUNCH "ULTIMATE SACRIFICE" Presented by WCT Ceremony Team Presentation by City of Highland Special Guest Speaker MR. TOMMY ACEVEDO, FORMER POW Closing Ceremony FRIDAY SEPTEMBER 18 2009 6:00 P.M. Spaghetti Dinner served by The Sons of the American Legion available immediately following the ceremony ,a,�, ROCK • SAND • BASE MATERIALS READY MIX CONCRETE .tune 31d. 2009 Mr. Martin and Mr. Buchwald EVWD 3654 E. Highland Ave. Ste 18 Highland. Ca 92410 Mr. Martin & Mr. Buchw°ald. I am contacting you regarding two well sites EVWD acquired from Robertson's in 1989. Chc: City of Redlands has required that Robertson's and Cemcx vacate Church strect(a paper street that both well sites border) in order to process the mining permits for our project. When Ron & I spoke in February it was indicated that EVWD did not intend lo utilise the well sites and would be amenable to selling the property back or vacating the street, but as a public company would require an appraisal to process the request. I have included the original agreement that EVWD acquired the property under as well as an appraisal recently performed. Robertson's would like to propose that we purchase the two properties back for the price they were acquired for ($16.000). The value on the appraisal came in at only $1030 (you were right. Ron -the appraisal cost more than the value the property appraised for!) per half acre so reimbursing FNWD for their initial investment seemed to be a more equitable and fair approach to take. We would sincerely appreciate a letter from F,VWD in the interim agreeing to vacate Church so that we can continue with Redlands. We finally are gaining momentum on plat B and loathe to hesitate longer than absolutely necessary while we have the City 's attention! -I hanks again. Christine Goeyvaens Robertson's (951) 685 -4600 ext 6283 office (951) 760 -4241 cell P.O. Box 3600 • Corona, California 92878 -3600 (951) 493 -6500 • Fax (951) 493 -6442 O O yN Z0 m qb is 5!m O O Property Detail Report RealQpstProfessional`° For Property Located At ,CA Owner Information: Owner Name: EAST VALLEY WATER DISTRICT Mailing Address: PO BOX 3427, SAN BERNARDINO CA 92413 -3427 8900 Phone Number: Vesting Codes: //SO Location Information: Legal Description: PTN SEC 11 TP 1S R 3W DESC COM W 1/4 COR SD SEC 11 TH S 00 DEG 57 (0000) MIN 59 SECONDSE ALG W LI SO SEC 654.58 FT TO NW COR S 112 NW 114 Lot Area: 392,040 SW 1/4 SO SEC BEING TPOB TH N89 DEG 49 MIN 52 SECONDS E ALG N LI SO S 1/2 233 FT TH S 00 DEG 57 MIN 59 SECONDS E 100 FTTH S 89 DEG 49 Lot Width /Depth: x MIN 52 SECONDS W 233 FT TO INTERSECTION WITH W LI SD SEC TH N 00 DEG 57 MIN 59 SECONDS W ALG SO W Ll 100 FT TO SD NW COR BEING Commercial Units: TPOB County: SAN BERNARDINO, CA APN: 0291 - 141 -18 -0000 Census Tract/ Block: I Alternate APN: Township -Range -Sect: Legal Book/Page. Legal Lot: Legal Block: Market Area: Neighbor Code: Owner Transfer Information: Recording /Sale Date: / Sale Price: Document #: Last Market Sale Information: Recording /Sale Date: / Sale Price: Sale Type: Document M Deed Type: Transfer Document #: New Construction: Title Company: Lender: Seller Name: Prior Sale Information: Prior Rec/Sale Date: / Prior Sale Price: Prior Doc Number: Prior Deed Type: Property Characteristics: Year Built / Eff: ! Gross Area: Building Area: Tot Adj Area: Above Grade: It of Stories: Other Improvements: Site Information: Subdivision: Map Reference'. Tract #: School District: Munic/Township: Deed Type: 1 st Mtg Document* 1st Mtg Amount/Type: 1 at Mtg Int. Rate/Type: 1st Mtg Document #: 2nd Mtg Amount/Type: 2nd Mtg Int. Rate/Type: Price Per SgFt: Multi /Split Sale: Prior Lender: Prior 1st Mtg Amt/Type: Prior 1 at Mtg Rate/Type: Total Rooms /Offices. Total Restrooms: Roof Type: Roof Material: Construction: Foundation: Exterior wall: Basement Area: 18 -D5/ REDLANDS Garage Area: Garage Capacity: Parking Spaces: Heat Type: Air Cond: Pool: Quality: Condition: http: /,' pro .re,tlquest.com /j sp /report.j sp? &client =& action = confirm &type= getreport &recordno... 6/4/2009 VACANT Zoning: Acres: 9.00 County Use: LAND (0000) Flood Zone: Lot Area: 392,040 State Use: Flood Panel: Lot Width /Depth: x Site Influence: Flood Panel Date: Commercial Units: Sewer Type: Land Use: VACANT LAND Building Class: (NEC) Water Type: Tax Information: Total Value: Assessed Year: Property Tax: Land Value: Improved %: Tax Area: 5000 Improvement Value: Tax Year: Tax Exemption: Total Taxable Value: Latest Recording 0612712009 http: /,' pro .re,tlquest.com /j sp /report.j sp? &client =& action = confirm &type= getreport &recordno... 6/4/2009 00 i m N O -O c O � m v <[ m � o> O O n_ <J U O a] m N M K N H V' U d N N W� �ffi° O O C ! 1W FOTaaa s' b'cY b00PdL-L8l'18Z0 - wm-600Z'y0 buip mag ups 0 O 0 N �M G3 i ti o .e z d a T C t0 O U 6 � 0 o O c �N n yO m y m m �[ m O C 0 v 0 O 0 N �M G3 i Property Detail Report For Property Located At ReaI uestProfessional- ICA (NE ANT LAND Building Class: Owner Worination: Oyrner Name: SAN BERNARDINO CO FLOOD CONTRL DIS Mailing Address: PO BOX 1659, CORONA CA 92878.1659 B015 Phone Number: Vesting Codes: /ISO Location Information: Tax Year: Legal Description: PTN NW 1/4 NW 114 SEC 14 TP 1S R 3W DESC COM NW COR SD SEC 14 TH S 00 DEG 36 MIN57 SECONDS E ALG W LI SD SEC 996.75 FT TO TRUE POB TH N 89 DEG 23 MIN 03 SECONDSE 133 FT TH S 00 DEG 36 MIN 57 SECONDS E 200 FT TH S 89 DEG 23 MIN 03 SECONDS W 133 FT TO ITS INTERSECTION WITH W LI SD SEC TH N 00 DEG 36 MIN 57 SECONDS W ALG SD W 1-1 200 FT TO TRUE POB (CC 9 -14 -89 89- 340515) EX 1/16 MNL RTS AS RESERVED BYTHE STATE OF CALIFORNIA County: SAN BERNARDINO, CA APN: 0291- 181 -16 -0000 Census Tract / Block: / Alternate APN: Township- Range -Sect: Subdivision: Legal Book /Page: Map Reference: 18 -D5/ Legal Lot: Tract #: Legal Block: School District: REDLANDS Market Area: Municrrownship: Neighbor Code: Owner Transfer Information: Recording /Sale Date: / Sale Price: Document #: Last Market Sale Information: RecordingiSale Date: 06/0111994 1 Sale Price: Sale -type: Document #: 249191 Deed Type: MISCELLANEOUS DOCUMENT Transfer Document #: New Construction: Title Company: Lender: Seller Name: Prior Sale Information: Prior Rec/Sale Date: / Prior Sale Price: Prior Doc Number: Prior Deed Type: Pro,Derty Characteristics: Year Built / Eff: / Gross Area: Building Area: Tot. Adl Area: Above Gracie: # of Stories: Other Improvements: Site Information: Zoning: Flood Zone: Flood Panel: Flood Panel Date: Deed Type: 1st Mtg Document #: 1 at Mtg Amount/Type: 1st Mtg Int. Raterrype: I at Mtg Document #: 2nd Mtg Amountrrype: 2nd Mtg Int. Rate/Type: Price Per SgFt: Multi /Split Sale: Prior Lender: Prior tat Mtg Amt/Type: Prior 1 st Mtg Rate/Type: Total Rooms /Offices: Total Restrooms: Roof Type: Roof Material: Construction: Foundation: Exterior wall: Basement Area: Acres: Lot Area: Lot Wdth /Depth: Commercial Units: Land Use: (NE ANT LAND Building Class: Tax Information: Total Value: Assessed Year: Land Value: Improved %: Improvement Value: Tax Year: Total Taxable Value: MULTI /SPLIT Garage Area: Garage Capacity: Parking Spaces: Heat Type: Air Cond: Pool: Quality: Condition: VACANT County Use: LANE) (0000) State Use: Site Influence: Sewer Type: Water Type: Property Tax: Tax Area: 5000 Tax Exemption: ttp:// pro .rc:alquest.com /j sp /report.jsp? &client =& action = confirm& type = getreport&recordno =0 &reportoptio... 6/4/2009 RESTRICTED -USE APPRAISAL REPORT 3 ,4I EAST SIDE OF CHURCH STREET ALIGNMENT (UNIMPORVED) "! ±0.5 MILE EAST OF ORANGE ST. /±0.8 MILE NORTH OF RIVERVIEW DR. A, ±20,000 SF PARCEL WITHIN THE DESIGNATED FLOOD CONTROL AREA CITY OF REDLANDS SAN BERNARDINO COUNTY, CALIFORNIA 92346 VALuATIONDATE AS OF MAY 29, 2009 PREPARED FOR ROBERTSON'S READY MIX ATTN.: MS. CINDY HINTON P.O. Box 3600 CORONA, CALIFORNIA 92878 i = TERRA REAL ESTATE SERVICES 40335 WINCHESTER ROAD, SUITE E -188 TEMECULA, CALIFORNIA 92591 TEL. (619) 564 -4612 1 FAX (866) 595 -6064 EAST VALLEY WATER DISTRICT Parcels: (Herein referred to as "District ") Project: ROBERTSON READY MIX, INC., a Ca.lifornia Corporation (Herein referred to as "Grantor ") RIGHT OF WAY AGREEMENT APN 291 - 141 -06 & APN 291 - 181 -05 Church Street Well Sites Deeds dated bearing the identification "North Parcel /Church Street Well Site" and "South Parcel /Church Street Well Site" have been executed by Grantor and delivered to Contract Acquisition, Inc., Property Acquisition Consultant for District.. In consideration for said deeds, it is mutually agreed as follows: 1. The parties have herein set forth the whole of their agreement. The perfor- mance of this agreement shall relieve District of all further obligation or claim on this account, or on account of the location, grade or construction of the proposed public improvement. 2. District shall: A. Pay to the order of Grantor the sum of $16,000.00 for the property conveyed by said deeds within thirty (30) days after title to said property vests in District free and clear of ell liens, encumbrances, assessments, easements, leases (recorded or unrecorded) and taxes, except those encumbrances and easements which, in the sole discretion of District, are acceptable. Real property taxes shall be handled in the following manner: 1) All real property taxes shall be prorated, paid and canceled pursuant 'Lo the provisions of Section 5081 et seq. of the Revenue and Taxation Code. 2) District is authorized to pay from the amount of compensation due to Grantor, as shown in Clause 2A, any current taxes and any delinquent taxes, together with penalties and interest thereon, that are due on the date title is transferred to, or possession is taken by District, whichever occurs first; together with delinquent or non - delinquent assessments or bonds. B. Pay all escrow, notary, title clearance and recording fees incurred in this transaction, and, if title insurance is desired by District, the premium charged therefor, and documentary stamp tax, if required. Title clearance fees shall not, however, include reeonveyance fees, trustee's fees or forwarding fees for any ful 1 reconveyance of deed of trust. C10 �y C. Grantor shall have the option to take cash or to be provided 50 acre feet /year of potable water for use in Grantor's surface mining operation at District cost for a period of 10 consecutive years. District shall, upon the completion of the Church Street: well complex and upon written notification by Grantor that the water option is to be exercised, provide a meter and appropriate appurtenant works to provide a service hookup at the well site specified by Grantor. District shall notify Grantor by phone at (714) 685 -2200 when water service will be available under this option. Water provided in excess of 50 acre feet /year or after the ten year period shall be provided and bi l led at District's Chen current domestic rates. 3. It is mutually understood and agreed by and between the parties hereto that notwithstanding other provisons in this contract, the right of possession and use of the subject property by District, including the right to remove and dispose of improvements, shal l commence upon the execution of this agreement by the Chairman of the Board of Directors of District. The amount shown in Clause 2A includes, but is not limited to, full payment for such possession and use. 4. The provisions contained herein constitute the entire agreement between the parties, and no change or modifications shall be made to this agreement without the written consent of the parties. Dated ROBERTSON READY MIX, INC., a California Corporation Recommended for Approval: By E Larry W. Rowe General Manager By Approved as to Form: EAST VALLEY WATER DISTRICT Brunick & Pyle, District Counsel. BY-- ------------ - - - - -- By ---------------------------- President, Board of Directors Dated (seal) -2- TICOR TITLE INSURANCE OF CALIFORNIA 340 FOURTH STREET, P.O. BOX 921 SAN BERNARDINO, CALIFORNIA 92403 17SCROW OFFICER: SHARON BOESE 'TELEPHONE NO: (714) 885 -9975 ESCROW INSTRUCTIONS SECTION I DATE: MAY 11, 1989 ESCROW NO: 91045958 PAGE NO: ONE ROBERTSON READY MIX, INC., A CALIFORNIA CORPORATION, Seller(s) herein will hand you a deed conveying the property described herein to vested named below; EAST VALLEY WATER DISTRICT, Buyer(s) herein (X) and will hand you prior to JUNE 12, 1989 the sum of .... ............................... ........$ 16,000.00 TO COMPLETE A PURCHASE PRICE OF ..........................$ 16,000.00 SECTION II You are authorized to deliver and /or record all documents and disburse all funds when you will issue your current form of CLTA OWNERS policy of title insurance (and lender's policy as required by buyer's lender) with liability in the amount of the purchase price or amount of liability required by buyer's lender, whichever is greater, on the real property described as; SEE. EXHIBIT "A" ATTACHED HERETO AND BY THIS REFERENCE MADE A. PART HEREOF SHOWING TITLE VESTED IN EAST VALLEY WATER DISTRICT SUBJECT TO: ( 1) ;teal Property General and special taxes for the ENTIRE fiscal year 1989/1990 and subsequent years, including reassessments if any and including any special district levies or personal property taxes, payment for which are included therein and collected therewith, and improvement bond assessments, when applicable, (1a) The lien of supplemental taxes, if any, assessed pursuant to the provisions of Chapter 498, Statutes of 1983 of the State of California, ( 2) Covenants, conditions, restrictions, rights of way, easements and reservations of record. SECTION III 1. PRORATE or adjust the following items as indicated to CLOSE OF ESCROW, (X) Real Property Taxes based on 198811989 tax statement without regard to any reassessments or subsequent changes. 2. HAZARD /FIRE INSURANCE: (X) No hazard, peril or liability insurance policy is to be obtained or transferred through this escrow, and escrow holder is not bo be held responsible or liable in connection herewith, SECTION IV 1. Buyer will hand you before close of escrow a completed 'Preliminary Change of Ownership Report' which you are instructed to file accompanied by the Deed with the County Recorder; or, in the absence thereof you will pay from buyer's funds an additional $20.00 to the Recorder if required. It is understood that escrow holder does not have sufficient information to complete this form and will not be required to furnish information therefor. In the event buyer's lender will not allow buyer to be charged the additional $20,00 fee and the County Recorder requires the fee be paid at closing, you are authorized and instructed to charge this fee to the seller's account, TICOR TITLE INSURANCE OF CALIFORNIA 340 FOURTH STREET, P.O. BOX 921 SAN BERNARDINO, CALIFORNIA 92403 ESCROW OFFICER: SHARON BOESE TELEPHONE NO: (714) 885 -9975 DATE: MAY 11, 1989 ESCROW NO: 910459SB PAGE NO: TWO 2. SHOULD PARTIES HAVE ANY QUESTIONS CONCERNING THE SIGNING OF DOCUMENTS OR THE INTERPRETATION AND LEGALITY OF THESE INSTRUCTIONS, THEY ARE ADVISED TO CONSULT THEIR ATTORNEY. Upon close of escrow you are authorized to charge our respective amount the Hosts attributable to each, including but not limited to the following as indicated below or in accordanne with our respective estimated statements attached hereto and made a part hereof, SELLER BUYER Owners Title Insurance Premium ............... AS REQUIRED Lenders Title Insurance Premium .............. Escrow Fee .......... .........................250.00 250.00 Reconveyance Fee ........................... •AS REQUIRED Recording Fees ............................... AS REQUIRED AS REQUIRED Document Preparation ......................... AS REQUIRED Loan Tie —in Fee,......... I...... I............ Documentary Transfer Tax as required......... 17.60 Insurance Premium .................. I......... ** *GENERAL PROVISIONS CONTINUED ON NEXT PAGE "' CAI. NO. Fr'pettt ES 354.1 CA (9 al) TO: TICOR TITLE INSURANCE COMPANY OF CALIFORNIA ESCROW INSTRUCTIONS (continued) GENERAL PROVISIONS 1. All funds received in this escrow shalt be deposited with other escrow funds in a general escrow account or accounts of Ticor Title Insurance Company of California, with any state or national bank, and may be transferred to any other such general escrow account or accounts. All disbursements shall be made by cback of Tice, Title Insurance Company Of California. Ticor Title shall not be responsible for any delay in dosing if funds received by escrow are not available for immediate withdrawal. 2. All prorations and adjustments called for in this escrow are to be made on the basis of a 30 day month unless otherwise instructed in writing, you are not responsible for any pay- ment, adjustment or proration of a Homeowners Association (or similar) charge, fee or unrecorded film unless set forth in the escrow instructions. 3. The phrase "close of escrow" (or COE or CE) as used in this escrow means the date on which documents are recorded, unless otherwise specified. 4. Recordation of any instruments delivered through this escrow, if necessary or proper for the issuance of the policy of title Insurance called for, is authorized. 5. You are authorized to furnish copies of escrow instructions, supplen+ents, amendments or notices of cancellation closing statements in this as and crow to the real 'state broker(s) and lender(,) referred to in this escrow. 6. You am authorized to execute on behalf of the principals hereto, form assignments of interest in any insurance policy (other than title insurance) called for in this escrow; forward assignment and policy to the agent requesting that insurer consent to such assignment and attach a loss payable clause or such other endorsements as may be required, and to forward such policy to the lenders and principals entitled thereto. 7, If a demand to cement is submitted after the time limit date, any fife notice ri ipal so requesting You to cancel this escrow shall You shall within three 3 cancel in Your office in writing. f) working days thereafter mail by certified mail one COPY of such notice to each of the other principals at the addresses stated in this escrow. Unless written objection thereto is filed in your office by a prin- aloof within fifteen (751 calendar days after data of such mailing, you are authorizetl to cancel this escrow. if written objection is filed with you, you are authorized to hold all money and documents in this escrow and take no further action until otherwise directed, either by the principals' mutual written instructions or by final order of a court of competent jurisdiction. If this is a sale escrow, you may return lender's papers and /or funds upon lender's demand. . No examination or insurance as to the amount or payment Of personal property taxes is required unless specifically requested in writing. Delivery to escrow of all notices, communications and documents are required to be made timely at the office of 'Ticor Title Insurance Company of California set forth on page 1 0( these instructions. 10. The principals hereto expressly agree that you, as escrow holder, leave the absolute right at your election to file an +action in interpleader in a court of competent jurisdiction requiring the principals to answer and litigate their several claims ared «yhis among themselves and you are authorized to deposit with the clerk of the court all documents and funtls lsetd in this escrow. In the event such action is filed, the DATE: MAY 11, 1989 ESCROW NO.: 910459 —SBO PAGE NO.: THREE Principals jointly and severally agree to pay your cancellation charges and costs, expenses and reasonable attorney's fees which you are required to expend or incur in such inter. Pleader action, the amount thereof to be fixed and judgment to be rendered by the court. Upon the filing of such action, you shall thereupon be fully released and discharged from all obligations to further perform any duties or obligations otherwise imposed by the terms of this escrow. 71. In the event of cancellation of this escrow, the fees and charges due Ticor Title Insurance Company of Odifornia, including expenditures incurred or authorized shall be borne equally by the parties hereto unless otherwise spe. eificelly agreed to or determined by a court of competent jurisdiction. 12. In the event of cancellation of this escrow, you are authorized to demand payment of your charges and, on payment thereof, return documents and monies to the respective Parties depositing same or for whose benefit an uncondi . bonal deposit was made; and to void executed instruments. 13. If there is no written activity by a principal delivered to this escrow within any six -month period after the time limit data as at forth in the escrow instructions or written extension thereof, your agency obligation shall terminate at Your option and all documents, monies or other items held by you shall be returned to the respective parties entitled thereto, less tees and charges herein provided. 14. Upon receipt of any conflicting instructions, other than cancellation instructions described in paragraph 7 above, You are no longer obligated to take any further action in connection with this escrow until further concurring m- ,fructions are received from the principals to this escrow. 15. You are not to be concerned with any question of usury in any loan or encumbrance involved in the processing of this escrow and you are hereby released from any responsibility or liability therefor. 16. You are to be concerned only with the directives specifically set forth in the escrow instructions and amendments thereto, and are not to be concerned or liable for items designated as memoranda" in the Within escrow instructions nor with any other agreement or contract between the parties. 17. You are not requited to submit any title report issued in connection with this escrow to any party or agent unless directed to do so by written mutual instructions. You may, however, do so without incurring liability to any party for such submission. You are hereby authorized to submit such reports to any proposed lender. 16. You are authorized to destroy or otherwise dispose of any and all documents, papers, instructions, correspondence and other material pertaining to this escrow at the expiration of seven years from the close of escrow 01 Cancellation thereof, without liability and without further notice to parties to the transaction. 19. You are released from and shall have no liability, obligation or responsibility with respect to (a) withholding of funds Pursuant to Section 1445 of The Internal Revenue Code of 1954 as amended, (b) advising the parties as to the require- ments of such Section, (e) determining whether the transferor is a foreign person under such Section, nor (it) obtaining a non foreign affidavit or other exemption from withholding under such Section nor otherwise making any inqumy con- cerning compliance with such Section by any party to the transaction. Time is of the essence of these instructions. If this escrow is not in condition to close by the TIME LIMIT DATE of JUNE 1ate, . 1989 and written demand for cancellation is received b after said date, you shall act in accordance with Paragraph 7 of said General Provisions. In the event fone or more of the a this escrow Provisions is held to be invalid in judicial proceedings, the remaining respective General Provisions will continue to be operative. Any hove Genera, amendments of or supplements to any instructions affecting this escrow must be in writing Signatures on any documents and irstrue. lions pertaining to this escrow indicate the signer's unconditional approval thereof. Principals will hand you 11Y funds and instruments required from each respectively to complete this escrow. I* no demand (or Cancellation is made, you will proceed to close this escrow when the principals have complied with the escrow in. sVuct+ons. These instructions may be executed in counterparts, each of which shall be deemed an original regardless of date of execution or delivery, and together shall constitute one and the same document. It these instructions relate to a sa)e, buyer agrees to buy and seller agrees to sell upon the terms and conditions hereof. All documents, balances and statements due the undersigned are to be mTiled to the respective addresses shown below, unless otherwise directed. In these instructions, whenever the context so requires, the nsascu line gender includes the feminine and /or neuter, and the singular number includes the plural. Ir any cti submitted to escrow y ent. 'red upon presentment for payment, you are authorized to notify all principals and /or their respective once, submitted to such nonpayment. Signature _ R BE11T$DN READY MiX IMC PRESIDENT Address SECRETARY _. ilB31L VAN RIIR PN R11rD !ephone Signature EAST VALLEY WATER DISTRICT BY: Address _ II,S nFl RIRp glgl++; SAN BERNARDINO, CA. 92410 Telephone EXHIBIT "A" PARCEL N0. 1: Being all that portion of Section 14, Township 1 South, Range 3 West, San Bernardino Meridian, more particularly described as follows: OOM4ENCING at the Northwest corner of said Section 14 as shown on Tract No. 9828, recorded in Map Book 158, pages 46 through 48 inclusive, Records of San Bernardino County, California; thence South 00° 36' 57" East along the West line of said section, a distance of 996.75 feet to the TRUE POINT OF BEGINNING; thence North 890 23' 03" East a distance of 133.00 feet; thence South 00° 36' 57" East, a distance of 200.00 feet; thence South 890 23' 57" West, a distance of 133.00 feet to its intersection with the West line of said section; thence North 000 36' 57" West along said West line; a distance of 200.00 feet to the TRUE POINT OF BEGINNING; Excepting therefrom the West 33.00 feet of said described parcel of land. PARCEL N0. 2: Being all that portion of Section 11, Township I South, Range 3 West, San Bernardino Meridian as shown on Record of Survey recorded in Record of Survey Book 59, page 26, records of San Bernardino County, California, more part- icularly described as follows: CON➢ttENCING at the West quarter corner of said Section 11 as shown on said map; thence South 00" 57' 59" East along the West line of said section, a distance of 654.58 feet to the Northwest corner Of the South half of the Northwest quarter of the Southwest quarter of said section and the TRUE POINT OF BEGINNING; thence North 89" 49' 52" East along the North line of said South half a distance of 233.00 feet; thence South 00" 57' 59" East, a distance of 100.00 feet; thence South 89" 49' 52" West, a distance of 233.00 feet to its intersection with the West line of said section; thence North 00' 57' 59" West along said west line; a distance of 100-DO feet to said Northwest corner and the TRUE POINT OF BEGINNING; Excepting therefrom the West 33.00 feet of said described parcel of land. TERRA REAL ESTATE SERVICES May 29, 2009 Ms. Cindy Hinton Robertson's Ready Mix P.O. Box 3600 Corona, California 92878 Re: Appraisal of the Flood Control Parcel East side of Church Street Alignment (unimproved) 60.5 mile east of Orange St. / 60.8 mile north of Riverview Dr. APN 0291- 141 -18 City of Redlands, San Bernardino County, California 92346 Dear Ms. Hinton: In accordance with your request and authorization, we have prepared an appraisal of the above - referenced property ( "Subject "). This appraisal is a Restricted -Use Appraisal Report (p. 22) prepared under Standards Rule 2 -2(c) of the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation. This appraisal complies with the minimum standards for appraisers under FIRREA (as summarized by 12 CFR Part 323 of the Federal RegisterNol. 55, No. 161 /August 20, 1990/Rules and Regulations). This appraisal is subject to the General Assumptions and Limiting Conditions (p. 23 -24). There are no Extraordinary Assumptions or Hypothetical Conditions assumed in this report. The appraiser has completed the necessary investigation and analysis for this type of property. The concluded value represents cash or equivalent terms. The effective date of valuation is May 29, 2009. We estimate the market value of the _fee simple interest in the subject property to be as follows: ♦ N{arket Value "As Is" $1,030 We appreciate having the opportunity to be of service to you and would be pleased to discuss any comments or questions that you may have regarding our analysis. Respectf�ully_�J submitted, John P. DeLara, CA Ceitified General Appraiser AG 00£3095 [expires 06 -26 -2009] 40335 Winchester Road, Suite E -188 Temecula, California 92591 F7 Tel. (619) 564 -4612 Fax (866) 595 -6064 TABLE OF CONTENTS INTRODUCTION AND VALUATION PROCESS VALUATION PREMISE/DEFINITIONS A. APPRAISAL REPORT TYPE B. CLIENT OF THE APPRAISAL C. INTENDED USE OF THE APPRAISAL D. INTENDED USERS OF THE APPRAISAL E. PROPERTY RIGHTS APPRAISED F. PURPOSE OF THE APPRAISAL/VALUE(S) TO BE DERIVED 1. MARKET VALUE, DEFINED G. DATES OF THE APPRAISAL H. EXPOSURE TIME /MARKETING TIME TERRA Real Estate Services Valuation • Consulting 2 2 2 2 2 3 3 3 3 SCOPE OF WORK 4 REAL ESTATE MARKET SUMMARY 5 A. VACANCY RATE TRENDS 5 B. VALUES AND CAPITALIZATION RATES TRENDS 5 C. RESIDENTIAL HOME PRICE TREND 6 PROPERTY IDENTIFICATION 11 A. IDENTIFICATION OF THE PROPERTY 11 B. THREE -YEAR OWNERSHIP HISTORY/RECENT HISTORY 11 PROPERTY DESCRIPTION 12 A. SITE DESCRIPTION 12 B. PROPERTY TAXES AND ASSESSMENTS 12 C. LAND USE CONTROLS 13 D. HIGHEST AND BEST USE 14 VALUATION ANALYSIS 15 A. THE SALES COMPARISON APPROACH 15 1. PRESENTATION OF COMPARABLE SALE DATA 15 2. MARKET DATA DISCUSSION— LAND SALES 18 3. SUBJECT SALES HISTORY 18 4. THE SALES COMPARISON APPROACH VALUE CONCLUSION 18 FINAL RECONCILIATION ADDENDA 21 A. RESTRICTED -USE REPORT FORMAT DISCLOSURE B. ASSUMPTIONS AND LIMITING CONDITIONS C. CERTIFICATION D. ZONE SUMMARY E. RESUME AND QUALIFICATIONS TABLE OF CONTENTS TERRA Real Estate Services Valuation • Consulting INTRODUCTION AND VALUATION PROCESS This is a Restricted Use Appraisal Report which is intended to comply with the reporting requirements set forth under Standards Rule 2 -2(c) of the Uniform Standards of Professional Appraisal Practice for a Restricted Use Appraisal Report. As such, it presents only limited discussions of the data, reasoning, and analysis that were used in the appraisal process to develop the appraiser's opinion of value. Supporting documentation concerning the data, reasoning, and analyses is retained in the appraiser's file. The depth of discussion contained in this report is specific to the needs of the Client and for the intended use stated in this report. The appraiser is not responsible :for unauthorized use of this report. This report is an appraisal of a ±20,000 sf parcel in the far northern area of Redlands in San Bernardino County, California. The primary purpose of this report is to estimate the property's market value. In this analysis, a determination is made as to the relevance of each approach to value. The three recognized approaches to value are: • The Cost Approach • The Income Approach • The Sales Comparison Approach The Cost Approach is most applicable in new or proposed developments. The subject: does not have existing building improvements. There are no proposed building improvements considered in this report. The Cost Approach was not applied to the subject. Exclusion of the Cost Approach does not affect the reliability of the final value conclusion. The Income Approach is used in analyzing properties which have the capability to produce income or the equivalent. Essentially, an investor trades present dollars for the right to receive future dollars. The scope of this assignment is to estimate the fee simple interest in the property. The Income Approach was not applied to the subject. Exclusion of the Income Approach does not affect the reliability of the final value conclusion. The Sales Comparison Approach is based on the premise that transactions between independent parties buying, selling, developing and utilizing real estate are evidence of the value. This value method involves a comparison of the subject to sales of similar properties. The analysis of comparable sales is the most reliable method of valuation of this property type. We estimate there to be sufficient data available to derive a reasonable value conclusion by this approach. Since the Sales Comparison Approach is the only method utilized, the value by this approach correlates our final value estimate. The report concludes with an Addenda of pertinent information. .� -_ CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS 77 TERRA Real Estate Services Valuation • Consulting VALUATION PREMISE /DEFINITIONS A. APPRAISAL REPORT TYPE This is a Restricted -Use Appraisal Report prepared under Standards Rule 2 -2(c) of the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation. B. CLIENT OF THE APPRAISAL The "Client" is the party who has engaged TERRA Real Estate Services in the valuation of the subject. The Client is identified below. ❑ Robertson's Ready Mix P.O. Box 3600 Corona, California 92878 C. INTENDED USE OF THE APPRAISAL It is our understanding that this appraisal report is intended by the Client for decision - making purposes. D. INTENDED USERS OF THE APPRAISAL The intended users of this report include Robertson's Ready Mix and East Valley Water District. Use of this report by others is not intended by the appraiser. E. PROPERTY RIGHTS APPRAISED ❑ Fee Simple Estate, defined: I Absolute ownership unencumbered by any other interest or estate, subject only to the limitations imposed by the governmental powers of taxation, eminent domain, police power, and escheat. 1 Appraisal Institute, Dictionary of Real Estate Appraisal, 4a' ed. (Chicago: Appraisal Institute, 2002), 113. CHURCH STREET FLOOD CONTROL PARCEL, REDLANDs • 2 TERRA Real Estate Services Valuation • Consult:ina F. ]PURPOSE OF THE APPRAISAL /VALUE(S) TO BE DERIVED The purpose of this appraisal is to estimate the following market value(s) of the subject property according to the market value definition below. 1. Market Value "As Is" 1. MARKET VALUE, DEFINED The appraised value is based on the following definition of Market Value:2 The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of sale as of a specified date and the passing of title from seller to buyer under conditions whereby: 1. Buyer and seller are typically motivated; 2. Both parties are well - informed or well- advised, and acting in what they consider their own best interest; 3. A reasonable time is allowed for exposure in the open market; 4. Payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and 5. The price represents the normal consideration for the property sold, unaffected by special or creative financing or sales concessions granted by anyone associated with the sale. G. DATES OF THE APPRAISAL Cl Date of the Report May 29, 2009 C] Date of the Valuation May 29, 2009 H. .EXPOSURE TIME /MARKETING TIME • Exposure Time 6 -12 months • Marketing Time 6 -12 months 2 12 C.F.R. Part 34.42(g); 55 Federal Register 34696, August 24, 1990, as amended at 57 Federal Register 12202, April 9, 1992; 59 Federal Register 29499, June 7, 1994. • e CHURCH STREET FLOOD CONTROL PARCEL, REDLANDs ^ 7 TERRA Real Estate Services Valuation • Consulting SCOPE OF WORK In the course of our analysis, the following investigative inquiries were made: • The three approaches to value, the Sales Comparison Approach, the Income Approach and the Cost Approach are all examined, and a determination was made as to the applicability of each approach to the valuation of the subject property; • An analysis of the data collected during the investigation process was completed and opinions of value developed; and • Each of the sales utilized in this report was confirmed by at least two reliable data sources. This may involve a combination of third -party data sources such as CoStar, title companies, and Dataquick, and conversations with persons involved with the sale such as brokers, buyers, and/or sellers. Other information obtained, researched or reviewed includes: • Information from the California Employment Department of Finance; • Information from the California Employment Development Department; • Information from the San Bernardino County Assessor's Records; • Information from the San Bernardino County Recorder's Office; • Information from the Southern California Association of Governments (SCAG); • Information from the City of Redlands Planning Department; • Information from the City of Redlands General Plan; • Sales data from CoStar, LoopNet and brokers active in this area; • Information from the Real Estate Research Corporation of Southern California; • Market information from the Price Waterhouse Coopers, Grubb & Ellis, Colliers Seeley, and CB Richard Ellis; and • Personal interviews with knowledgeable sellers, buyers, brokers, developers, and others familiar with the subject property type and market area. CHURCH STREET FLOOD CONTROL PARCEL, REDLANDs • 4 TERRA Real Estate Services Valuation • Consulting REAL ESTATE MARKET SUMMARY National and regional economic conditions have deteriorated significantly over the past year. In San Bernardino County, the unemployment rate was 12.4% (Apr -09). In Redlands, the unemployment rate was 9.1 % (Apr -09). A. VACANCY RATE TRENDS In terms of industrial real estate market conditions, the regional industrial vacancy rate has more than doubled over the past two years. The current regional vacancy rate is 9.3 %. INDUSTRIAL VACANCY RATE TREND Riverside /San Bernardino County (2005 -2009) 10 0% 9.4% ° 8.0% ° 6.0% 4.4% 4.7% 4.0% 175 ° 0 0 1.5% % l.6% 2.0% -r 0.0% 1Q.05 2Q -OS 3Q -05 4Q -05 IQ -06 2Q -06 3Q -06 4Q -06 lQ -07 2Q -07 3Q -07 4Q -07 IQ -08 2Q -08 3Q -08 4Q -08 IQ -09 source: CB Richard Ellis MarketView, 1" Quarter 2009. B. VALUES AND CAPITALIZATION RATES TRENDS The following illustrates the recent trend in industrial values and overall rates in the Inland Empire (excluding the Coachella Valley). Although the current -year data is partial -year data, the data shows .a significant downward value trend and a significant upward trend in overall. rates. CHURCH STREET FLOOD CONTROL PARCEL, REDLANDs o 5 TERRA Real Estate Services Valuation • Consulting INDUSTRIAL VALUE AND OVERALL CAPITALIZATION RATE TRENDS Inland Empire (2006 -2009) $175 Setes'Volwne 9156 10.00% 9.00% $150 111lar -419. . %Qag . Mar-08 Mar09 8.00% $125 65% . 7.00% $100 s 6.00% - 31.80% 1` 5.00% $75 45.1% $506,000 $390,000 a_ 4.00% $50 - - 3.00% $306,250 $187,000 2.00% $25 1,534 2,897 88.9% $265,000 1.00% $ 0 San Diego 2,108 0.000/0 2006 2007 2008 YTD-09 Median Price per SF —0—Overall Capitalization Rate Source: CoStar. Note. Data excludes the Coachella Valley. C. RESIDENTIAL HOME PRICE TREND Residential home prices have experienced considerable declines throughout Southern California over the past two years. The median price in Southern California declined 35.1% from March 2008 to March 2009. In San Bernardino County, the price decline was 43.4 %. SALES VOLUME AND PRICE TRENDS Source: Dataquick. CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 6 Setes'Volwne Giedisa Price`:. ; AYhomes tlsr08 111lar -419. . %Qag . Mar-08 Mar09 %CR Los Angeles 4,263 5,971 40.1% $440,000 $300,000 - 31.80% Orange 1,663 2,413 45.1% $506,000 $390,000 - 22.90% Riverside 2,691 4,409 63.8% $306,250 $187,000 - 38.90% San Bernardino 1,534 2,897 88.9% $265,000 $150,000 - 43.40% San Diego 2,108 3,020 43.3% $395,000 $285,000 - 27.80% Ventura 549 776 41.3% $430,000 $326,000 - 24.20% SoCal 12,808 19,486 52.1% 1 $385,000 1 $250000 - 35.10% Source: Dataquick. CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 6 tV U n' � In CI W �) m a Q �_r � Io W n r'. S. ._ NWKmse Art dill Ij d- 5l 5 � U J 1 Wun St COD 'L 1 - a J. I�g .. Mallon St dv: inr Si Duke st�� - 9t Uunst �. st � Ornnpe St. . .. .... . •- thanpe St t E �II.Y st ' 4_;' tr li• Wecater IV � �' F `^%'• _ - -- � �_i � it i j ffi F a y2 : MgG' - t- Kve nLCam.a � a.n.m.w nMe.mew ii� I x 111 N +. Z4 ..I a Q Q w CG W H d Q W H U Y. d N vz W d �i Q Qi �i W Fr a ¢ x w w x w H Q A w h (. W �t1 W t1 o M � ` l D� \ O W \\ // cV W m m N M (n H U N N O f n O n f\ O� <n 'I ME O G I i W Q a w U a a 0 V) w C6 H U w as n q L� n. S s 0. f4 c. U €3 <a f:4 F G7 (J fY ;r (J N O U (J 4 v cm om O 00 � h ma m 00 O] 0 o M � ` l D� \ O W \\ // cV W m m N M (n H U N N O f n O n f\ O� <n 'I ME O G I i W Q a w U a a 0 V) w C6 H U w as n q L� n. S s 0. f4 c. U €3 <a f:4 F G7 (J fY ;r (J TERRA Real Estate Services Valuation • Consulting Aerial view facing North Aerial view facing South CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 10 TERRA Real Estate Services Valuation • Consulting PROPERTY IDENTIFICATION A. 11DENTIF]CATION OF THE PROPERTY ❑ Street Address East side of Church Street alignment (unimproved) t0.5 mile east of Orange St. / t0.8 mile north of Riverview Dr. City of Redlands San Bernardino County, CA 92346 ❑ Assessor Parcel Number 0291 - 141 -18 B. THREE -YEAR OWNERSHIP HISTORY /RECENT HISTORY A preliminary title report was not provided to the appraiser. According to public records, title to the subject is vested in East Valley Water District. The current owner acquired the property on September 14, 1989 for an undisclosed amount. There have been no sales of the subject in the past three years. The subject is not currently on the market for sale. CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 11 TERRA Real Estate Services Valuation • Consultinq PROPERTY DESCRIPTION A. SITE DESCRIPTION ❑ Site Size :±20,000 sf (per assessor records) ❑ Site Shape : Rectangular ❑ Site Dimensions/Frontage : ±100'x ±200' ❑ In- Line /Corner Parcel :In -line parcel ❑ Alley :None • Site Topography :Level to sloping raw land • Utilities :Electrical lines are in the immediate area; Other utilities not known to be readily available. • Building Improvements :None ❑ Access/Exposure Church Street is not a paved road. Given the use of the site, it is not likely to be improved in the foreseeable future. There is a service road (Gravel Pit Service Road that provides access to the Church Street alignment. The subject is in the middle of a very large area utilized for land extraction purposes. B. PROPERTY TAXES AND ASSESSMENTS The subject is owned by the East Valley Water District. The parcel has not been assessed and is not subject to property taxes. CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 12 TERRA Real Estate Services Valuation • Consulting C. (LAND USE CONTROLS 1. ZONING AND LAND USE • Zone : Open Land District (see Addenda for zone detail) • General Plan :Flood Control/Construction Aggregates Conservation/ Habitat Preservation (Flood Control /Construction Aggregates Conservation /Habitat Preservation. ,areas subject to 100 -year flood after implementation of flood control measures in accord with policies in Section 8.40. Portions are designated for construction aggregates extraction, habitat preservation and groundwater recharge. GENERAL PLAN MAP Lift MSYpDV.f.r:5ry�wn VDbG} Wa W 9nmaa. Flpm. w.wunt M54pDN15b'lpvw VDb C]vNDV {mf xn 1l YxD DUxM W! Vet' I8N Dm4tY POYJelAY atliiM�DJ Sei9D�� Wn:M�..��ie wD�i L9vi0mflb Peegalpy Cb99�nY1x pvu a» LON MB! 1111 CNHti R1lNBllq' D. 9n19�m.y F: .... rnw.no. a.+ienu +w rDDD,...,Y. sd.Dm..caD D.w bn M.b.quCY � xgnoalsxy � 9b TAVwpvpeiDm . � D 11pKM CMC9YYAT BMi91� - (IIAfB L'tlDDgvDMeINYw n4/ � CAnnlam T^ODDPDN M.4DaNa/Y.DIDS L±.��' CamwtlMndSbgl .�..:.. ugm Y4VLN1 -Eff RdbYUO].Wtul PxMf'({dfC9umes Mu++91Y FbotlCUNNtrratr Um/pppalle fatulmlWMtl:ly FavuvuvaG9n Riu, nCpiW{iUn �:�� R1Y Itl N6idV(CVSI ZONING MAP CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 13 TERRA Real Estate Services Valuation • Consulting 2. FLOOD DISASTER PROTECTIONT ACT The Federal Emergency Management Agency (FEMA) has issued a Flood Insurance Rate Map for the subject area. The subject is within Zone X of Community Panel Number 06071C8706H, dated August 28, 2008. Zone X, defined: 3 Zones B, C, and X are the flood insurance rate zones that correspond to areas outside the .1-percent annual chance floodplain, areas of ]- percent annual chance sheet flow flooding where average depths are less than 1 foot, areas of ]-percent annual chance stream flooding where the contributing drainage area is less than I square mile, or areas protected from the 1 percent annual chance flood by levees. No Base Flood Elevations or depths are shown within this zone. Insurance purchase is not required in these zones. The subject is not within the 100 -year flood hazard zone. However, the subject is within a large area that is between a flood hazard area to the north and to the south. Large portions of the immediate area, including the subject parcel, are part of the designated Flood Control/Construction Aggregates Conservation/Habitat Preservation. 3. CALIFORNIA COASTAL ACT The California Coastal Act empowers local governments to adopt programs for the benefit of coastal conservation and preservation of resources. The Coastal Zone in general, runs the length of the state inland about 1, 000 yards (0.57 mile), with wider spots in coastal estuarine, habitat and recreational areas, and includes about 1,800 square miles.4 Land within the Coastal Zone must adhere to these special regulations and also requires attainment of a coastal development permit. The subject is not within a designated coastal zone. 4. THREATENED /ENDANGERED SPECIES /ENVIRONMENTALLY SENSITIVE AREAS A biology report was not provided to the appraiser. There are no known biological conditions present on the subject site known to the appraiser which would have an adverse impact upon the value conclusions derived in this report. 5. SEISMIC /GEOLOGICAL HAZARDS Seismic /geological reports regarding the subject property were not available to the appraiser. The appraiser is not an expert in the analysis of seismic /geological hazards. According to the California Department of Conservation, Division of Mines and Geology, the subject is not within an Earthquake Fault Zone, formerly known as Special Studies Zone. Overall, there are no known seismic /geological hazards affecting the subject site. D. HIGHEST AND BEST USE The highest and best use of the site is to continue the current use as open space land/aggregate extraction. 3 Federal Emergency Management Agency/Interflood. 4 California Department of Real Estate, Reference Book, 1989 -1990 ed. (Sacramento: CA. Dept. R.E.), 546. CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 14 TERRA Real Estate Services Valuation • Consulting VALUATION ANALYSIS A. THE SALES COMPARISON APPROACH The Sales Comparison Approach is defined as:5 A set of procedures in which a value indication is derived by comparing the property being appraised to similar properties that have been sold recently, then applying appropriate units of comparison and making adjustments to the sales prices of the comparables based on the elements of comparison. The Sales Comparison Approach is also based on the principle of substitution. This principle prescribes that a prudent investor would not pay more for a particular property than the cost of acquiring an equal substitute. Under this premise, transactions between independent parties buying, selling, and utilizing real estate are evidence of value. When sufficient market data is available, the Sales Comparison Approach can be a reliable indication of market value of the subject's property type. Fundamental to the Sales Comparison Approach is an analysis of comparable land sales. The subject is a unique property type in that is it within a designed open space /flood control area. There are limited alternative uses for the subject other than the current use. For this type of property, we researched sales of open space, flood control, and/or mitigation -type land in San Bernardino, Riverside, and San Diego Counties. 1. PRESENTATION OF COMPARABLE SALE DATA The sales comparables we consider to be the most applicable are detailed on the follows ig pages. 5 Appraisal Institute, The Dictionary of Real Estate Appraisal, 4b ed. (Chicago: Appraisal Institute, 2002), 255. .� CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 7 U7 N FG Mrs C.i Pi .. .......... IV O All Kft O Kft , • V. • O V, U L. a a� v. all W Ctl a C] ra V y f'y o o R 0 0� I C� ? 5 m S6 s S6 o d d d d d d ° O o o E3 n °e m m m 0 e e e e e o 0 0 e o e o 0 0 0 0 0 bp Q OS+ OD a H H � � O 'C O N N N C C G O o O O O 0 O O O k O 4 g C G G O C G C O � o .4 J J_ .N J J N N W @ TI t; O O e e O '. e O O O i H O O O O O O C O O O O e T P W O O O k O 0 0 0 O O O MV Vbi Vbi y � VQpJ J Q H H U ' i O O 0 !0 4 y 0 0 AAAA 0 0 G F c m o w g g 0 M e 9i CC CC GG CC vii y 0 M G N O Me N O l C N O M O O O Ci C O O O O C C N M 5 E rn ti oc� a e z O O R r Q O q O O� O Ck O O O O O O OS O p O O O t � O X 0 0 0 0 0 0 O g H H U ri ' �I 0 N N t0 W ttl ttl R N ttl O O _ W H C z z ,z W C U G '� G O y v s L E yawoapa a a r a u � � pr f'y TERRA Real Estate Services Valuation • Consulting 2. MARKET DATA DISCUSSION- LAND SALES As discussed in this report, general economic conditions have deteriorated over the past year. In addition, values for most forms of real estate have declined over the past 1 -2 years. For example, residential home values have declined over 30% in most submarkets in the Inland Empire. Commercial and industrial values have declined between 10% and 30 %, depending upon the property type and particular submarket. The subject is a unique property that is unlike most conventional forms of real property. The subject is designated for open space /flood control and is part of a large site that is utilized for aggregate extraction. This type of property is rarely traded and does not necessarily follow the predominant value trend for other property types. For example, when residential and commercial/industrial property values increased substantially during the middle part of the current decade, there was not a pronounced appreciation in the value of open space types of properties. Similarly, now that property values have declined, the value for the subject's type of property has not likely declined. Due to the limited amount of data and the unique motivations buyers of this type of property, no quantitative adjustments were applied to the comparables. All the comparables are either designated for open space, within a flood zone, and/or very rural sites. No adjustments are required for location, physical site conditions, or land use. There is no significant difference attributed to site size. The two smallest parcels had the highest and lowest sales prices per acre. 3. SUBJECT SALES HISTORY The subject site has not been sold in the past three years. The subject is not currently on the market for sale. 4. THE SALES COMPARISON APPROACH VALUE CONCLUSION In arriving at our final Sales Comparison Approach value estimate, we placed primary emphasis on the price per acre indicator. This indicator is considered to be the best indicator for this type of property. The sale prices for each of the comparables are as follows: • Sale 1: $ 2,099 per acre • Sale 2: $ 3,250 per acre • Sale 3: $ 2,000 per acre • Sale 4: $ 2,000 per acre • Sale 5: $ 4,000 per acre • Sale 6: $ 1,000 per acre • Mean: $ 2,391 per acre • Median: $ 2,049 per acre CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS * 18 TERRA Real Estate Services Valuation • Consulting In arriving at the market value estimate for the subject, each of the comparables warrants consideration. We estimate the market value of the subject to be in the middle of the value range, say between $2,000 and $2,500 per acre. SALES COMPARISON APPROACH VALUE Subject Net Site Area (sfl Price per Acre : Price per Site Square-Foot 20,000 $2,250 $0.05 N_alueEstiroate $ 1,033 $ 1,033 The Sales Comparison Approach Say Value Estimate $ 1,030 Based on the above analysis, we estimate the value of the subject by the Sales Comparison Approach to be: m The Sales Comparison Approach Value Estimate $1,030 CHURCH STREET FLOOD CONTROL PARCEL, REDLAND S • 19 TERRA Real Estate Services Valuation • Consulting FINAL RECONCILIATION In arriving at a final value indication, the appraiser evaluates each approach and judges which approach or approaches are most applicable. The Cost Approach and the Income Approach are not applied to the subject. Exclusion of these approaches does not affect the reliability of the final value conclusion. The Sales Comparison Approach is based on the premise that transactions between independent parties buying, selling, developing and utilizing real estate are evidence of the value. This value method involves a comparison of the subject to sales of similar properties. The analysis of comparable sales is the most reliable method of valuation for this type of property. We estimate there to be sufficient data available to derive a reasonable value conclusion by this approach. Since the Sales Comparison Approach is the only method utilized, the value by this approach correlates our final value estimate. A summary and reconciliation of values are as follows: ■ The Cost Approach Not Applicable ■ The Income Approach Not Applicable ■ The Sales Comparison Approach $1,030 We estimate the reconciled market value of the subject to be: ♦ Market Value "As Is" $1,030 Respectfully submitted, John P. DeLara, CA Certified General Appraiser AG 008095 [expires 06/26/2009] CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 20 TERRA Real Estate Services Valuation • Consulting ADDENDA A. RESTRICTED -USE REPORT FORMAT DISCLOSURE B. ASSUMPTIONS AND LIMITING CONDITIONS C. CERTIFICATION D. ;BONE SUMMARY E. RESUME AND QUALIFICATIONS CHURCH STREET FLOOD CONTROL PARCEL, REDLAND:i • 21 TERRA Real Estate Services Valuation • Consulting RESTRICTED -USE APPRAISAL REPORT FORMAT This is a Restricted Use Appraisal Report which is intended to comply with the reporting requirements set forth under Standards Rule 2 -2(c) of the Uniform Standards of Professional Appraisal Practice for a Restricted Use Appraisal Report. As such, it presents only limited discussions of the data, reasoning, and analysis that were used in the appraisal process to develop the appraiser's opinion of value. Supporting documentation concerning the data, reasoning, and analyses is retained in the appraiser's file. The depth of discussion contained in this report is specific to the needs of the Client and for the intended use stated in this report. The appraiser is not responsible for unauthorized use of this report. CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 22 TERRA Real Estate Services Valuation • Consulting ASSUMPTIONS AND LIMITING CONDITIONS A. GENERAL ASSUMPTIONS This appraisal has been made with the following General Assumptions: i. No responsibility is assumed for the legal description provided or for matters pertaining to legal or title considerations. Title to the property is assumed to be good and marketable, unless otherwise stated. ii. The property is appraised free and clear of any or all liens or encumbrances, unless otherwise stated. iii. Responsible ownership and competent property management are assumed. iv. The information furnished by others is believed to be reliable, but no warranty is given for its accuracy. v. All engineering studies are assumed to be correct. The plot plans and illustrative material in this report are included only to help the reader visualize the property. The appraiser has made no survey of the property. vi. The appraiser assumes that there are no hidden or unapparent conditions of the property, subsoil, or structures, which would render it more or less valuable. The appraiser assumes no responsibility for such conditions, or for engineering which might be required to discover such factors. vii. It is assumed that the property is in full compliance with all federal, state, and local environmental regulations and laws unless the lack of compliance is stated, described, and considered in the appraisal report. viii. It is assumed that the property conforms to all applicable zoning and use regulations and restrictions unless a nonconformity has been identified, described, and considered in the appraisal report. ix. It is assumed that all licenses, certificates of occupancy, consents, and other legislative or administrative authority from any local, state, or national government or private entity or organization have been or can be obtained or renewed for any use on which the value estimated contained in this report is based. x. It is assumed that the use of land and improvements is confined within the boundaries or property lines of the property described and that there is no encroachment or trespass unless noted in the report. xi. On all appraisals, subject to satisfactory completion, repairs, or alterations, the appraisal report and value conclusions are contingent upon completion of the improvements in a workmanlike manner. xii. Disclosure of the contents of the appraisal report is governed by the bylaws and regi clations of the professional appraisal organizations with which the appraiser is affiliated. • CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 7 TERRA Real Estate Services Valuation • Consulting B. GENERAL LIMITING CONDITIONS This appraisal has been made with the following General Limiting Conditions: i. Any allocation of the total value estimated in this report between land and the improvements applies only under the stated program of utilization. The separate values allocations to the land and building must not be used in conjunction with any other appraisal and are invalid if so used. ii. Possession of this report, or copy thereof, does not carry with it the right of publication. iii. The appraiser, by reason of this appraisal, is not required to give further consultation or testimony or to be in attendance in court with reference to the property in question, unless arrangements have been previously made. iv. Neither all, nor any part of the contents of this report, or copy thereof (especially conclusions as to value, the identity of the appraiser, or the firm with which the appraiser is connected) shall be disseminated to the public through advertising, public relations, news, sales, or other media without the prior written consent and approval of the appraiser. C. ENVIRONMENTAL DISCLAIMER The value estimated is based on the assumption that the property is not negatively affected by the existence of hazardous substances or detrimental environmental conditions unless otherwise stated in this report. The appraiser is not an expert in the identification of hazardous substances or detrimental environmental conditions. The appraiser's routine inspection of and inquiries about the subject property did not develop any information that indicated any apparent significant hazardous substances or detrimental environmental conditions which would affect the property negatively unless otherwise stated in this report. It is possible that tests and inspections made by a qualified hazardous substance and environmental expert would reveal the existence of hazardous substances or detrimental environmental conditions on or around the property that would negatively affect its value. D. EXTRAORDINARY ASSUMPTIONS There are no Extraordinary Assumptions assumed in this report. E. HYPOTHETICAL CONDITIONS There are no Hypothetical Conditions assumed in this report. CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 24 TERRA Real Estate Services Valuation Consulting CERTIFICATION I do hereby certify that, except as otherwise noted in this report: i. I have inspected the property. ii. I have no past, present, or contemplated future interest in the real property that is the subject of this report and I have no personal interest or bias with respect to the parties involved. iii. To the best of my knowledge and belief the statements of fact contained in this report, upon which the analysis, opinions, and conclusions expressed herein are based, are true and correct. iv. The analyses, opinions, and conclusions contained in this report are limited only by the reported assumptions and limiting conditions (imposed by the terms of our assignment or by the undersigned) and are my personal, unbiased professional analyses, opinions, and conclusions. v. The use of this report is subject to the requirements of the Appraisal Institute relating to review by its duly authorized representatives. vi. No one other than the undersigned prepared the analyses, opinions, and conclusions concerning real estate that are set forth in this report. vii. As of the date of this report, I have completed the requirements of the continuing education program of the Appraisal Institute. Viii. In accordance with the Competency Provision of the Uniform Standards of Professional Appraisal Practice (USPAP), I verify that my knowledge and experience is sufficient to allow me to competently complete this appraisal, unless stated otherwise within this report. A. ADDITIONAL CERTIFICATION This appraiser further certifies and agrees that: i. This appraisal conforms to the Uniform Standards of Professional Appraisal Practice (USPAP) adopted by the Appraisal Standards Board of the Appraisal Foundation. ii. Our compensation is not contingent upon the reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value estimate, the attainment of a stipulated result, or the occurrence of a subsequent event. iii. This appraisal assignment was not based on a requested minimum valuation, a specific valuation, or the approval of a loan. iv. The undersigned, and the undersigned's current employer have not been sued by a regulatory agency or financial institution for fraud or negligence involving an appraisal report. John F'. DeLara, MAI CA Certified General Appraiser AG OD13095 CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 25 TERRA Real Estate Services Valuation • Consulting Chapter 18.136 FP FLOODPLAIN DISTRICT 18.136.010: PURPOSE OF PROVISIONS: The purpose of the FP floodplain district is to provide for the protection of the public health, safety and general welfare in those areas of the city which, under present conditions, are subject to periodic flooding and accompanying hazards. (Ord. 1000 § 31.60, 1955) 18.136.020: OBJECTIVES OF FLOODPLAIN DISTRICT: The objectives of the floodplain district shall be: A. To prohibit occupancy or the encroachment of any structure, improvement or development that would obstruct the natural flow of floodwaters within a designated floodway on the floodplain; B. To keep developments in the remainder of the floodplain above the design flood flow elevation; C. To prevent economic loss caused by excessive flooding, and to prevent loss of life or property. (Ord. 1000 § 31.61, 1955) 18.136.030: DEFINITIONS: As used in this chapter DESIGN FLOOD: The selected flood against which protection is provided, or eventually will be provided, by means of flood protective or control works. When a federal survey has been authorized, the design flood will be determined by the appropriate federal agency, and in all other cases it will be determined by the San Bernardino County flood control district. It is the basis for design and operation of a particular project after full consideration of flood characteristics, frequencies and potentials, and economic and other practical considerations. FLOOD: Any temporary rise in stream flow or water surface level that results in significant adverse effects in the floodplain. "Adverse effects of floods" may include damages from overflow of land areas, effects of temporary backwater on sewers and local drainage channels, bank erosion or channel shifts, unsanitary conditions, or other unfavorable conditions resulting from deposition of materials in stream channels during flood recessions, rise of ground water coincident with increased CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 26 TERRA Real Estate Services Valuation • Consulting :stream flow, and interruption of traffic at bridge crossings. FI.00DPLAIN: The relatively flat area or lowlands adjoining the channel of a stream or watercourse, arsd subject to overflow by floodwaters. FLOODPLAIN ZONING: The floodplain of the design flood shall be divided into two (2) zones for regulation purposes: A. Zone FP -1, Designated Floodway: The channel of a stream and that portion of the adjoining floodplain required to reasonably provide for the construction of a project for passage of the design flood, including the lands necessary for construction of project levees; B. Zone FP -2, Restrictive Zone: The portion of the natural floodway between the limits of the designated floodway and the limits of the floodplain, as determined by the selected flood, where inundation may occur but where depths and velocities are generally low. (Ord. 1000 § 31.62, 1955) '18.136.040: USES GENERALLY: No building, structure or land shall be used, and no building or structure shall be hereafter erected, structurally altered or enlarged, except for the purposes set out in sections 18.136.050 through 18.136.070 of this chapter. (Ord. 1000 § 31.63, 1955) 118.136.050: PERMITTED USES: Principal permitted uses include: A. FP -1 district: Flood control channels, levees and spreading grounds, and basins, roads, bridges and diversion drains, where plans are approved by the San Bernardino County flood control district. Grazing, field crops, truck gardening, berry and bush crops, flower gardening, wildlife preserves, forest preserve, and similar open or agricultural uses. B. FP -2 district: All uses permitted in the FP -1 district. • _� CHURCH STREET FLOOD CONTROL PARCEL, REDLANDs • 27 TERRA Real Estate Services Valuation • Consulting Orchards, tree crops, nurseries for producing trees, vines and other horticultural stock, and similar open or agricultural uses. (Ord. 1000 § 31.63(A), 1955) 18.136.060: SIMILAR USES PERMITTED BY COMMISSION DETERMINATION: The commission may, by resolution of record, permit any other uses which it may determine to be similar to those listed in section 18.136.050 of this chapter, in conformity with the intent and purpose of the FP zone, and not more obnoxious or detrimental to the public health, safety and welfare, or other uses permitted in this zone. (Ord. 1000 § 31.63(B), 1955) 18.136.070: CONDITIONAL USES: The following uses are permitted by conditional use permit: A. FP -1 district: Z B. FP -2 district: Excavation and removal of rock, sand and gravel. Recreation areas, parks, playgrounds, fishing lakes, golf courses, polo fields, baseball and football fields, parking lots, and similar uses involving the open use of land without structures or improvements, where it can be shown that the natural flow of floodwaters or storm waters would not be obstructed. (Ord. 1000 § 31.63(C), 1955) 18.136.090: NONCONFORMING STRUCTURES: Structures existing at the effective date of any application of the FP zone which are inconsistent with the provisions thereof, will be allowed to remain under the conditions set forth in chapter 18.184 of this title, except that: A. If the useful life of a structure has not expired by a date fifteen (15) years after the effective date of the application of the FP zone, the life of the structure shall be considered to have expired CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 28 TERRA Real Estate Services Valuation • Consulting automatically, and the structure shall be removed; 13. Any existing structure damaged in excess of seventy five percent (75 %) of its reasonable value:, by fire, explosion, floods, acts of God or the enemy, shall be removed; C. The enlargement, expansion, extension or change in use of any structure is not permitted. (Ord. 1000 § 31.65, 1955) 18.136.100: NONCONFORMING USES OF LAND: For nonconforming uses of land in the FP zones, the provisions of section 18.184.030 of this title shall apply. (Ord. 1000 § 31.66, 1955) CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 29 TERRA Real Estate Services Valuation • Consulting Chapter 18.124 O OPEN LAND DISTRICT 18.124.010: PURPOSE OF DISTRICT: The purpose of the O open land district is to provide for limited development of those areas of the city that are not suited for permanent occupancy or residence due to some specific characteristic of the land. Such lands may be subject to periodic flooding, erosion or fire hazard. Publicly owned land and uses of a predominantly open nature are included in this district. The following regulations, set out in this chapter, shall apply to all land in the O open land district. (Ord. 1000 § 31.00, 1955) 18.124.020: PLACEMENT OF LAND IN O DISTRICT; CRITERIA: Land may be placed in the O district under the following conditions: A. When land is in public ownership: 1. Public parks, playgrounds, wildlife preserves, and other public uses, 2. Drainage or flood control channels, creeks, rivers, zanjas and other watercourses, 3. Freeways, parkways and park drives; B. Privately owned land, when the use of the land would endanger the public health, safety and general welfare: 1. Areas where topography is too steep to build upon or where grading of the land may cause a public hazard due to erosion or flooding, 2. Areas subject to flooding or inundation from storm water, 3. Areas beyond fire servicing, where development might endanger life, property or the watershed; C. Buffer areas: 1. Areas separating industrial and commercial districts from residential districts. (Ord. 1000 § 31.10, 1955) CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 30 TERRA Real Estate Services Valuation • Consulting 18.124.030: PERMITTED AND CONDITIONAL USES: In O districts, no building, structure or land shall be used, and no building or structure shall be hereafter erected, structurally altered or enlarged, except for the following purposes: A. Principal Permitted Uses: Agricultural and open uses of land. Bridle trails. Flood control structures. Off street parking. Public facilities and utilities. Recreational uses. 13. Uses Permitted By Conditional Use Permit: The following uses may be permitted subject to approval of a conditional use permit: Aggregate processing plants. All principal permitted uses, whether public or private, involving the use of a building or structure, flood control structures excepted. Asphalt batch plants. Excavation and removing of rock, sand and gravel, including related equipment and apparatus therefor, and including accessory manufacturing uses which utilize the materials being excavated from the site as the primary component of the product. The site plan showing the location of all buildings, structures and storage areas shall be submitted to the county flood control district for its recommendations. in addition to compliance with the provisions of chapter 18.192 of this title, the commission shall establish any other conditions deemed necessary to adequately protect surrounding properties. Ready mix concrete batch plants. (Ord. 2144 § 1, 1991: Ord. 1000 § 31.20, 1955) '18.124.050: PROPERTY DEVELOPMENT STANDARDS: The following property development standards, set out in sections 18.124.060 through 18.124.170 of CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 31 TERRA Real Estate Services Valuation • Consulting this chapter, shall apply to all lands and buildings in the Ozone. (Ord. 1000 § 31.40, 1955) 18.124.060: LOT AREA: No minimum. (Ord. 1000 § 31.40(A), 1955) 18.124.070: LOT DIMENSIONS: No minimums. (Ord. 1000 § 31.40(B), 1955) 18.124.080: DENSITY OF DEVELOPMENT: Population in O districts shall be: None permitted, excepting caretaker and security personnel quarters. (Ord. 1000 § 31.40(C), 1955) 18.124.090: MAXIMUM COVERAGE: Permitted buildings and structures in O districts shall not exceed five percent (5 %) of the lot area, public facilities excepted. (Ord. 1000 § 31.40(D), 1955) 18.124.100: BUILDING HEIGHT: In the open land zoning district, the height of buildings and structures shall not exceed fifty five feet (55'), and the height of light poles and flagpoles shall not exceed eighty feet (80'). (Ord. 2542 § 1, 2003: Ord. 1000 § 31.40(E), 1955) 18.124.110: YARDS: For O districts, the yard provisions of the A -1 district shall apply. (Ord. 1000 § 31.40(F), 1955) CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 32 TERRA Real Estate Services Valuation • Consulting '18.124.120: FENCES, LANDSCAPING AND WALLS: For fences, landscaping and walls in O districts, the provisions of the M -1 district shall apply. (Ord. 1000 § 31.40(G), 1955) 18.124.130: OFF STREET PARKING: For off street parking in the 0 district, the provisions of sections 18.164.140 through 18.164.320 of this title shall apply. (Ord. 1000 § 31.40(H), 1955) 118.124.140: OFF STREET LOADING: None required. (Ord. 1000 § 31.40(1), 1955) 18.124.150: SIGNS: In O districts, signs related to a public use or purpose are permitted. Private signs showing the name of the occupant and/or the use of the premises are permitted, subject to commission review and approved. (Ord. 1000 § 31.40(J), 1955) 18.124.160: ACCESS TO STREET: In O districts, there shall be vehicular access to all property from a dedicated and improved street. (Ord. 1000 § 31.40(IQ, 1955) 18.124.170: OUTDOOR STORAGE, USES AND WASTE DISPOSAL: For outdoor storage, uses and waste disposal in 0 districts, the provisions of the M -1 district shall apply. (Ord. 1000 § 31.40(L), 1955) `�a•e --n__� CHURCH STREET FLOOD CONTROL PARCEL, REDLANDs • 3.3 TERRA Real Estate Services Valuation • Consulting 18.124.180: PERFORMANCE STANDARDS: For O districts, the performance standards of the M -2 district shall apply. (Ord. 1000 § 31.40(M), 1955) CHURCH STREET FLOOD CONTROL PARCEL, REDLANDs • 34 TERRA Real Estate Services Valuation • Consulting RESUME AND QUALIFICATIONS — JOHN P. DELARA, MAI SKILL AREAS • Financial and feasibility analysis of real estate • Valuation of improved and unimproved real estate • Cost segregation analysis • Fractional interest valuation • Expert in Argus, MS Excel, and MS Word EDUCATION • San Diego State University (1990) Bachelor of Science, Business Administration, Emphasis in Real Estate Finance • The Appraisal Institute Successfully completed all required coursework for the MAI designation Successfully completed the General Comprehensive Examination for the MAI designation Successfully completed the General Demonstration Report for the MAI designation Successfully completed the Experience Requirements for the MAI designation • The Appraisal Institute Continuing education certified until December 31, 2008 LICENSE AND PROFESSIONAL AFFILIATIONS • California Office of Real Estate Appraisers Certified General Appraiser License AG 008095 (expires June 26, 2009) • Designated Member of the Appraisal Institute Member No. 1.2133 • San Diego Chapter of the Appraisal Institute Director (2007 -2009) • Saa Diego Chapter of the Appraisal Institute Representative, Leadership Development & Advisory Council, Washington, D.C. (2005) • Asian Business Association of San Diego, Member • n CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 3 5 TERRA Real Estate Services Valuation • Consulting PROFESSIONAL EXPERIENCE • Commercial Real Estate Salesperson (1989 -1991) Business Real Estate Brokerage Company, La Jolla, California Mr. DeLara specialized in the marketing of investment properties, including apartments and retail centers. • Independent Commercial/Residential Appraiser (1991- Present) Mr. DeLara specializes in the valuation of income - producing property and proposed residential and commercial developments in San Diego, Los Angeles, Orange, and Riverside Counties. Mr. DeLara has prepared a wide variety of assignments for financial institutions, life insurance companies, attorneys, CPAs, school districts, developers, and individual property owners. Mr. DeLara's appraisal reports appraisal are completed in accordance with the Uniform Standards of Professional Appraisal Practice and the Code of Professional Ethics and Standards of Professional Conduct of the Appraisal Institute. In addition, Mr. DeLara's appraisal reports are completed in conformance to applicable FIRREA regulations, State Banking Department regulations, and the unique appraisal policies of the individual clients. A representative sample of projects (client) completed by Mr. DeLara include: • North Coast Calvary Church, Carlsbad (financial institution); • StoneRidge Country Club, Poway (financial institution); • Foothilll Ranch Chevrolet Automotive Dealership, Lake Forest (financial institution); • Raceway Nissan Automotive Dealership, Riverside (property owner/IRS); • Pasadena Business Park, Lake Elsinore (financial institution); • Cuyamaca Commerce Center, El Cajon (financial institution); • Venture Business Park, Santee (financial institution); • Magnolia Plaza Retail Center, Santee (financial institution); • Towne House Plaza Anchored Shopping Center, Huntington Beach (fin. institution); • Green Dragon and Coast Walk Shopping Centers, La Jolla (financial institution); • Historic Santora Building, Santa Ana (financial institution); • Chino Hills Ford Automotive Dealership, Chino Hills (financial institution); • Prospect Point Office Building, La Jolla (financial institution); and • One Broadway Plaza Office Tower, Orange County (financial institution). In addition to real property valuations, Mr. DeLara has completed financial feasibility studies, cost segregation studies, fractional interest valuations, and other special- purpose analyses. CHURCH STREET FLOOD CONTROL PARCEL, REDLANDS • 3 6 Mlnlnnniu; f < <LY. April 29, 2009 1112 1 Slreel, Sure 300 Sacramento, California 95814 2865 T 916.231.4141 F 9115231.4111 Toll free 800.537. /790 wmy.sdrnla.ore Mr. Brian Tompkins Chief Financial Officer East Valley Water District 3654 E. Highland Avenue, Suite 18 Highland, California 92346 Dear Mr. Tompkins: !EiDRIVAI I A Thank you for the opportunity to provide the East Valley Water District with a 2009 -2010 Workers' Compensation indication. We are confident that our Workers' Compensation program offers the highest level of protection at the lowest possible rate. Valid for sixty (60) days from the date of this letter, the following indication represents twelve (12) months of coverage and is subject to verification and final underwriting review. The Fast Valley Water District quotation, based upon an Experience Modification of 109 %, is as follows: Special District Risk Management Authority Workers' Compensation Program (July 1, 200) through June 30, 2010) $192,996 Additionally, members can reduce their future year premiums through the Special District Risk Management Authority's Credit Incentive Program (CIP). Credit incentives of up to 15% of the annual contribution can be earned for completion of approved risk management and training programs and has been applied to quotation. Please note that coverage may be bound by: • The Adoption of a Resolution by the East Valley Water District's Board of Directors approving the form and authorizing the Execution of the Sixth Amended Joint Powers Agreement and approving membership in the Special District Risk Management Authority Workers' Compensation program. • The Execution and delivery of the Sixth Amended Joint Powers Agreement Related to Special District Risk Management Authority. • The Adoption of the Resolution and Approval of the State Application for a Certificate to Self- Insure by East Valley Water District. This requires an original Agency seal or notarized signature. • The, Completion of the State Application for a Certificate to Self- Insure by the East Valley Water District. This requires an Agency seal or notarized signature. • The Approval of East Valley Water District's membership in the Workers' Compensation program by Special District Risk Management Authority's Board of Directors. • Annual Membership in California Special Districts Association is required and separate from this quotation. • Upon receipt of all original membership documents, SDRMA will forward a quarterly invoice of the estimated deposit premium. Brian, should you have any questions or if we can provide any additional information, please do not hesitate to contact me toll free at 800.537.7790. Sincerely, Special District Risk Management Authority Cc Ellen Mirabal Doughty SR. Member Services Representative rdam., SD-col o. A, ,; A:' u.. '.'I.41:unv 1]12 I Sru,4, Sai.c P..:` ?ia.1i:l .yam ...... S.:ram: W., Ca 4ona:: ^.:n 14 '..n v'o. r:'.•v,:,r -A'4: W.. 4•. 4..v 871'12.1 I:SOA r "1 ;11 r.,: k/1 r•r pp C' 3n F_. CC 0, L2 FC-) O U a, LLI Cl. a> F� 0 o LL . ('I i (_) tb }CIo uJ cr. 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T O) N U O U) w i(50j5g mmj5 d"aU�U w Q Q Q m Q m Q r Q m U U O n (p LO U L L) LL U � - U) U) U) (D 3 3 (n QJ S(i 3 Q J n ro (o U) N tAJl VALLEY WATER DISTRICT DIRECTOR'S FEES AND EXPENSE REPORT DIREl'3TOR: Don Goodin Board Meetings: 12, 26 Conferences and Other Meetings MONTH May 2009 DATE ORGANIZATION PURPOSE 13 WV`WD HQ Remodel Open House 16 Highland Ranch Assn Builders Exposition 27 SBACC Wednesday Morning Meeting 213 SBACC SBACC Business After Hours TOTAL # OF MEETINGS 6 @ $175.00 each $ 1050.00 Travel Expenses: (Details on Back) Total Director's Expenses $ 'r1 / Total Director's Meetings & Expenses S 1050.00 Director's Signature�,�� /�: /� � Less any Advance Payments Date of Board Approval May 11 2009 TOTAL DUE DIRECTOR $ 10504 EAST VALLEY WATER DISTRICT DIRECTOR'S FEES AND EXPENSE REPORT D(RECTOR: Sturgeon MONTH May 2009 Board Nleetings: _ 12 s 26 Conferences and Other Meetincis DATE ORGANIZATION PURPOSE 8 EWD Solar Challenae 27 EV➢7D Public Outreach 13 WVWD Tour 26 EVWD Meet with Ms. Hendricksen Regarding Outreach TOTAL # OF MEETINGS 5 @ $175.00 each $, 875.00 _ San Bernardino Sun Subscription 1 Year 38.00 Travel Expenses: (Details on Back) HAM Radio $ 267.40 _ Total Director's Expenses $ 305.40 s_ Director's Signature— Date of Board Approval_ 06/09/09 Total Director's Meetings & Expenses $. 1,180.40 Less any Advance Payments $. —__ TOTAL DUE DIRECTOR $.1,180.40 - Cf�J1 VfiLLtT VVHItK UIJIKIC,I DIRECTOR'S FEES AND EXPENSE REPORT DIRECTOR: —__�) (so MONTH /7/4r 2009 Board Meetings: - 5,112 512,; Gonifere:nces and Other Meetings DATE ORGANIZATION n p J PURPOSE HJ7 �W �'' __ _.!? �A.L-S�Q_L_— M 0 N i In I y M P C T 1 t / 2.7 TOTAL # OF MEETINGS /O @ $175.00 each $_ /7 Travel Expenses: (Details on Back) $ — Director's Signature _ Date of Board Approval _ iredors Fees and Eznense Reoon.Eoc Total Director's Expenses $_ 12 84 — Total Director's Meetings & Expenses $_ 30 3 9 Less any Advance Payments $_ 19– TOTAL DUE DIRECTOR $_ 303 4 TRAVEL EXPENSES Lod gin.IS (Detailed receipts attached*) DATE _ FUNCTION ATTENDED AMOUNT TOTAL LODGING Personal .Auto;, (Detailed receipts attached') DATE FUNCTION ATTENDED MILES H PARKING FEES $ $ TOTAL FEES $ TOTAL MILES x $.55 per mile $ -- Meals: (Detailed receipts attached ") DATE _ FUNCTION ATTENDED AMOUNT -_ Other;: $ TOTAL MEALS $ (Detailed receipts attached') DATE.-- _ FUNCTION ATTENDED AMOUNT_ /may CVJA /,794 -i rd V, `uv-c $ 33 --- TOTAL OTHER $ -75 — " ORIGINAL RECEIPTS REQUIRED TRAVEL EXPENSES $___ (Enter this total on the front of form) EAST VALLEY WATER DISTRICT DIRECTOR'S FEES AND EXPENSE REPORT DIRECTOR: _ Le Vesaue MONTH MAY 2009 Board Meetings: _5/_ 12, 5/26 Conferences and Other Meetings DATE ORGANIZATION PURPOSE 5/7 Meeting with Charles Roberts re EVWD activities _. 5/7' EVWD Budget Committee 5/8 E:VWC) 6olar Challenge 5/21 _ EVWD Meeting w/ Mark Vargas re IVDA, HQ _. 5/27 _ ly of SB Meeting w/ Councilman Shorett re EVWD activities, glans TOTAL # OF MEETINGS 10 @ $175.00 each $ 1750.00._ Travel Expenses: (Details on Back) $ Director's Signature Date of Board Approval uay 2009 IHrWors Fees N EW nse RoWn Total Director's Expenses $ 1750•QQ__ Total Director's Meetings & Expenses $ Less any Advance Payments $ TOTAL DUE DIRECTOR $ 17504Q._ EAST VALLEY WATER DISTRICT DIRECTOR'S FEES AND EXPENSE REPORT DIRECTOR: _— ____Morales Board Meetings: __12, 26 Conferences and Other Meetings MONTH MAY 2009. DATE PURPOSE _ _ 7 __IEEVWD _Special Budget Review. _ 7 ___. ___Community News _District Update w/ Director Le Vesque - No Charge— _ —8 -- _ 14 16 21 27 istrict Update w/ Michael Planning w/ Director Le Vesque_ _- rte— No Cl� rge _ 29 __. __RCAC _Financial Management— Review (Webinar) TOTAL # OF MEETINGS_9_ @ $175.00 each $__1,575.00_—, Travel Expenses: (Details on Back) Total Director's Expenses $__422.99__ Total Director's Meetings & Expenses $-_1,997.99_-. Director's Signahlr�� 4 Date of Board Approval _ Less any Advance Payments TOTAL DUE DIRECTOR $, 1,997,%9 TR.AVEI_ EXPENSES Lod gxts: '(Detailed receipts attached) _DATE _._ — FUNCTION ATTENDED AMOUNT_ 05/21 Spring Conference $_95.73__ TOTAL LODGING $95.73 Personal Auto: (Detailed receipts attached') DATE FUNCTION ATTENDED MILES PARKING FETES _O5/21 — ACWA Spring Conference $_- 34.00 ^ — _0.5/20 _- _ ACWA Spring Conference _29_ $_ — 05/21 ACWA Spring Conference 29 $ TOTAL FEES $__34.00 TOTAL MILES _58_ x $.55 per mile $ -31.90 —, Meals: (Detailed receipts attached') _IRATE _ FUNCTION ATTENDED AMOUNT_ _- 05/20 Spring Conference $_6.25_- __ 05/21 Spring Conference $- 11.91 -- TOTAL MEALS $_18.16_ —, Other: (Detailed receipts attached ") IDATE -- FUNCTION ATTENDED AMOUNT_, _ _- C5/20_- _ACWA Spring Conference (airfare) $_219.20 - -, _- 05/20_- _ACWA Spring Conference (ground transportation) $_24.00--, TOTAL OTHER $ 243.20 ORIGINAL RECEIPTS REQUIRED TRAVEL EXPENSES $ _422.99_- - (Enter this total on the front of form)