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pEjno daj 7 e p--Oo0037 Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a VO Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ Y600. to guarantee: G'6&_-)9xJ- ca ) ®/- 5 Ilc-T I''61 tvAm G?emsG It l'uS AWD MD ,u I k 7� DaC at the property commonly known as within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APNQ 2-D -017 Lot Signed Print L - V t 5 Address y 3 a /W �J tv"t-f LT QA2�D 0-b1?Le-S ck 14IfY Phone (by UL � CV ( Tract Date s 3° )a' CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: F;E_PVk0k bt~Vt�Prr, k�L herein after called ASSIGNOR whose principal place of business is J-1�S,a&;,J c-: PASi •! r�C!.�JM t,,o,..ct'44L46do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in the C�—Agi- +Jto+� (Narrw a Financial WI( u rnn ClT ilevidenced by a Certificate of Deposit in the amount of -- $ '� �'�' r numbered' 3 - is delivered to the City of San Luis Obispo here ith. Assigqnor agrees that this assignment carries with it the right in the insurance of the account by the Fi� t4wri?S1 1 %AIL iT ] I J and includes and gives the right to the Cfty of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment Is given as security for liability for . .. at == " '}.� �i.� including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED:�Z11/'�. � IIfB ��ili ltiiF{ {� t S plV f 1 I "Y! rKzr4 k� n ¢mm4P11 rntra anru +rc RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown b the argMe, as sigierment and. have retained a copy of this sheet, We certify that this account is fully insured by the and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: _7 2,L4 11 -1 cfir�L+asi� si t�jt 5�? C.Uts a4� Sga�ol, nrne naneia n ❑n� UM city Signature �'rtnl erj Namelrue ❑ STAFF n Letter pledging an open Interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment Is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: CITY OF SAN LUIS OBISPO By: Commuptty O .O ppu-w Dept M cal Uf2jcor- Sigoalure Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 COASTHILLS CREDIT UNION Certificate Account Disclosure Automatically Renewable Term Share Account: 12 months or more (365 days or more) Current Date: 09/18/17 Maturity Date: 07/24/18 Member's Name: FERRINI DEVELOPMEN Account Number: Rate Information_ Your annual percentage yield (APY) and dividend rate are fixed. R1 APY 0.500% Q Dividend rate 0.500% Compounding and crediting frequencies Dividends will be compounded (assuming dividends in on deposit in the certificate until the account's maturity) and credited every month. The following are Options of receiving payment of dividends (check one): (✓) Deposited to the certificate (not available for withdrawal until maturity): ( ) Transferred to another account: or ( } Check mailed to member. Effect of closing the account on uncredited dividends Loss of uncredited dividends if account is closed before maturity. Balance information We use the dailv balance method to calculate the dividends on vour certificate account. This balance method applies a daily periodic rate to the principal in the account each day. ✓ Minimum balance requirements $500 too en and maintain account. ✓ Balance computation method Balance at close of business day. ✓When dividends begin to accrue Same day as deposit. ✓ Unlimited deposits are allowed up to the date of maturity but can never total more than the amount of the original deposit. Early -withdrawal penalty statement You may forfeit an amount equal to 6 months (180 days) dividends on the total certificate balance at the time of the early withdrawal. It may be _ necessary to deduct a portion of the principal deposit to satisfy early withdrawal penalties. Renewal policies 30 days_ before the maturity date, CoastHills will send a reminder that the term about to end. If there is no response on or before the maturitv date. the certificate will auto- matically renew at the terms and conditions of the original certificate with the dividend rate being offered at the time of renewal (unless prior arrangements have been made to transfer the certificate at maturity). Grace period upon renewal 10 days after date of maturity. * * *CONTINUED ON NEXT PAGE* * * Rev 01/01/2016 Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ to guarantee: ' A-- 2 e STI Ga(-.'7 Le �S iP 71/)./;- V � - -r_ /. , C � G,/,',,?�# r�'rJS' -S 7)�=./, � A46 t-� �1-r3�1 Jv�C�/���� L J�• 5 .�• at the property commonly known as /46- 561.1TI-i 'O�3/ 3'7 within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. 06t-ss62-6ao APN G -u2-0� Lot Signed ,off/Zj ' Print�� Address f -+S as C Block Phone :2 t9- e6; � t "-fT 7 5 _ Tract Date i CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURI FOR: herein after called ASSIGNOR whose principal place of business is do (does) hereby assign, and set over to the City of San Luiis Obi all rgl�t, title, �d 'interest of whatever nature, of assignor, in and to the insured account of assignor in (N moo7inaneTaTfn o y e _Z,�_ evidenced by a Certificate of Deposit in the amount of !� G '?� numbered ic/sii elivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries withit the ri ht in the ince of the account by the Federal Z�I-e d t.t Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This ass nmentiven as se untr liability forte>��r�� C1-�=-> I,' - ��"= at �C�•f�_ - _ including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DAT ��® a tyre na urs e am t e RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal :5 1 Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above-identiflied account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: -" L l �._. NaMe9,`�,-�Cl� �� �ClCccr 7i•'�� �1 �'�P�� —1 s o inane a nsRFuiV'n Nt , p gna ure - YVTw rna ame Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). . RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above- dentifiecl account to the above -named assignor - DATED: 7` oZ -% 9 CITY OF SAN LUIS SISPQ 3y: _ Tt ri La- S �L[ � I[ -0- r ommvnt�}+�]�vnl�meoti3ep�'iacaf ccr- tgnaume .�. )riginal: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Ravicari n7_9 R_1 i It Time Account Receipt/Disclosure Banker Name: PEDRO MARTINEZ Banker Phone: 949/250-3207 Customer/Account Information Primary Customer Name: CIRUS DEVi.-LOPMENT CO INC COID: Product: Account Number: '00114 CDA � Time Account Opening Deposit: Interest Rate: $5,500.00 0.05% ti=v = ? o ,L . .. Officer/Portfolio Number: Date: ICS435 _ :07101/2019 ~Banker AU: Banker MAC: Branch Number: E 2 219 04437 10000692 Customer Number (FCK - Term: Maturity Date: Open Date; 10 / 01 / 2 0 07/O1/2019 !3 months Renewal Term: Annual Percentage Yield: Fixed Rate: Variable Rate: } 3 months 0.05% __LYes �No The method of payment will be: Interest will be paid: BY ADDING TO PRINCIPAL EVERY O1 MONTHS AND AT WITHDRAWAL Y - Renewability: AUTOMATICALLY — ——- -- — WILL AUTRENEW MY TIME ACCOUNT AT MATURITY UNLESS---- I NOTIFY YOU OTHERWISE ;YOU .. - __., ae�amri Information ACCOuna i 116 c......... .... Customer(s) Listed on Account: HOLD FOR CITY OF SAN LUIS OBISPO Mailing Address: 17300 RED HILL AVE STE 280—_ _ Address Line 2: L City: IRVINE ZIP/Postal Code: 92614-5656 d not be presented at the time you obtain payment from the Bank. This is a receipt. It neet,ustuiner L; o17 - — f State: I CA —� Country: US Page 1 of 1 W60168 (8-17 SVP) D4f,1,,Vj 7—®i Dern0 ".LTA-ocv-oc) Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ® Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ _ 00to guarantee: at the property commonly known as L�.� -� i6V 11�56A,4/ iU / within /fdI days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APNLot DfiC Block Signed Print J '%TJ A-ee'l& Address -3>56 Yell& « ��� y5. Phone 97s- - Z5�'5; - CF/16 Tract Date 2-/ 17 PIP 47 IV f:D CITY OF SA LUIS OBISPO FEB 0 6 2017 RFCC! Vlstj OF SAN LUIS 2017 COMMUNITY CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT jj�� ASSIGNMENT SECURITY F OR: .7,41,wj Aee herein after called ASSIGNOR whose principal place of business is3W%5 y/ .' , c —y_--.. '-' 9es; do (does) hereby assign, and set over to the City of San Luis Obispo, all right, titl , and interest of whatever nature, of assignor, in and to the insured account of assignor in the C'V /C,V�v.54,v-- evidenced b (NamexnancnsTFfuGep�J y a Certificate of Deposit in the amount of d d numbered which is delivered to the City of San Luis Obispo herewith. Assi nor agrees that this assignment carries with it the right in the insurance of the account by the Federal' i Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, coiect and withdraw the full amount of such account at anv time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for 11-Jut) 5;7-bAf72d 1-) L7j1 LI 16� D� SIB yT7,� � at -y i.5 Z� _ _ including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED: -7// 12-0 / 7 �— nanny J G� Aeej& n am4 ILIt: RECEIPT FOR NOTICE OF ASSIGNMENT myna tare Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above ssignment and have retained a copy of this sheet_ We certify that this account Is fully insured by the Federal �e�ru1, � Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: ZIi Iao /7 i 4ama or nancia�t on ' - _—' - YriR -07 Sotroh Cet, AS5't $r grre ure amei rt o MQriQ �j �— Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of 14 Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED:_ CITY OF SAN LUIS 9§ISPO By: `J 1 C Comwun opum=Dept. FL$Cp O Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 • . rQ A [Ni] N N O w m �I m m Al W yN o (D m -I m m A Q7 N � N ` 47Jcl D 1 n m O CO x� a ° a i' m O <OLO a j ra.• Y CO D r�x ' Y^':' m 1 � ry Ln � N I � i O a i O R. Jg PI- C " D y 4, m m •6 w a Q m" c cameo 310. m H w q' cue [a. C �' S' C �-•• W O C '-� x Q= pgo f i s .�h�. ro w w 7 m' F' m: O cr Er 1 o ao'.L �Z ��Ci1�-J p !C f2 C S q1 r m ip '� {. `t7, G n rS F me r"s� a n ie '> ty t�i cn o �.�roiQn �c !ygl C E. p) d �:Slf9rJ ° w ia' CrJ * j a F E $ a m N t t I a m E. n ? we a �- �n c C7� }jS; m �• �� ��' H • a ��•�r,, eke �•� a�'��r' �o o•'`'„ ir w c] _� o_ � m o (D � fD w h a o 7 ku C7 nOF ZZ cD-a000as _ uiMi�n��IIII�IPmu��Bll ' nEmo-3g�7-�Qe� Minh"city of san tins osispo GUARANTEE TO THE CITY OF SAN LU I S OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ to guarantee: CLC4I j .L4P /J' fiy 0 kF.s r4gZ &OA.) IqICTZ�Z 7io d,z" L T�rG�re�. Ale 0/6-Z Iq131gA) /W,670 at the property commonly known as d 7 S� �� /� within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN Q63"7;ZI-d / Lot Signed Print Block Date S Z SGG <— 'S�UA�� Address v2 2-� 5'w Cl-If 93�(v/ Phone fOS -sI ► / / 7 L Tract 78.90 Certificate of Deposit Copy and Certificate of Deposit Signature Card Date Opened: 05/02/2016 Term: 90 D Dollar Amount o Deposit: f WO THOUSAND DOLLARS AND NO CENTS This Time Deposit is Issued to: :City of San Luis Obispo 990 Palm St San Luis Obispo, CA 93401-3236 Not Negotiable - Not Transferable - Additional terms are below. This form contains the terms for your time deposit. It is also the Truth -in -Savings disclosure for those depositors entitled to one. There are additional terms and disclosures on page two of this form, some of which explain or expand on those below. You should keep one copy of this form. Maturity Date. This account matures 7/31 /2016 (See below for renewal information.) Rate Information. The interest rate for this account is .1500 % with an annual percentage yield of .15 %. This rate will be paid until the maturity date specified above. Interest begins to accrue on the business day you deposit any noncash item (for example, a check). Interest will be compounded daily Interest will be credited every 1 month and capitalized X The annual percentage yield assumes that interest remains on deposit until maturity.- A withdrawal of interest will reduce earnings. ❑ If you close your account before interest is credited, you will not receive the accrued interest. The Number of Endorsements needed for withdrawal or any other purpose is: 001 Tax ID: Number: $ 2000. Issuer: Downtown San Luis Obispo Office Heritage Oaks Bank 1144 Morro Street San Luis Obispo, CA 93401 Minimum Balance Requirement. You must make a minimum deposit to open this account of $1000.00 00 You must maintain this minimum balance on a daily basis to earn the annual percentage yield disclosed. Withdrawals of Interest. Interest ❑ accrued X credited during a term can be withdrawn: Early Withdrawal Penalty. If we consent to a request for a withdrawal that is otherwise not permitted you may have to pay a penalty. The penalty will be an amount equal to: 30 days at current interest rate interest on the amount withdrawn. Renewal Policy ❑ Single Maturity. If checked, this account will not automatically renew. Interest ❑ will ❑ will not accrue after maturity. Automatic Renewal. If checked, this account will automatically renew on the maturity date. Interest ❑ will X will not accrue after final maturity. Account Ownership. You have requested and intend the type of account marked below. ❑ Individual ❑ Joint Account ❑ Joint - Husband and Wife (with right of survivorship) ❑ Community Property - Husband and Wife ❑ Tenancy in Common ❑ Trust: Separate Agreement Dated pe Assignment Account ❑ Totten Trust or ❑ Pay on Death Designation as defined in this agreement (Beneficiaries' names and addresses) X X X Backup Withholding Certifications (If not a "U.S. Person", certify foreign status separately) K Taxpayer I.D. Number - TIN: The Taxpayer Identification Number (TIN) shown is my correct taxpayer identification number. K Backup Withholding. I am not subject to backup withholding either because I have not been notified that I am subject to backup withholding as a result of a failure to repart all interest or dividends, or the Internal Revenue Service bas notified me that I am no longer subject to backup withholding. FATCA Co The FATCA code entered on this form (if any) indicating a am exem m F CA reporting is correct. Signatur . cc 1 e f perjury that the statemen d e and that I am a U.S. citizen X -;;# one and page two. Cwiflcate of DepasitlAcnnunt Agreement -CA Bankers SystemsTm VMP® Wolters KiuwBr Financial Services © 2015 Read Page Two for Additional Terms CD-AA-LAZ-CA 3/15/2015 Page 1 of 2 Definitions. "We," "our," and "us" mean the issuer of this account and "you" and "your" mean the depositor(s). "Account" means the original certificate of deposit as well as the deposit it evidences. Transfer. "Transfer" means any change in ownership, withdrawal rights, or survivorship rights, including (but not limited to) any pledge or assignment of this account as collateral. You cannot transfer this account without our written consent. Primary Agreement. You agree to keep your funds with us in this account until the maturity date. (An automatically renewable account matures at regular intervals.) You may not transfer this account without first obtaining our written consent. You must present this certificate when you request a withdrawal or a transfer. This account is void if the deposit is made by any method requiring collection (such as a check) and the deposit is not immediately collected in full. If the deposit is made or payable in a foreign currency, the amount of the deposit will be adjusted to reflect final exchange into U.S. dollars. We may change any term of this agreement. Rules governing changes in interest rates have been provided. For other changes we will give you reasonable notice in writing or by any other method permitted by law. If any notice is necessary, you all agree that the notice will be sufficient if we mail it to the address listed on page one of this form. You must notify us of any change. Withdrawals and Transfers. Only those of you who sign the permanent signature card may withdraw funds from this account. (In appropriate cases, a court appointed representative, a beneficiary of a trust or pay -on -death account whose right of withdrawal has matured, or a newly appointed and authorized representative of a legal entity may also withdraw from this account.) The specific number of you who must agree to any withdrawal is written on page one in the section bearing the title Number of Endorsements. This means, for example, that if two of you sign the signature card but only one endorsement is necessary for withdrawal then either of you may request withdrawal of the entire account at any time. Unless otherwise specified in writing, only one endorsement is required to withdraw funds from this account. These same rules apply to define the names and the number of you who can request our consent to a transfer. Pledges. Any pledge of this account (to which we have agreed), must first be satisfied before the rights of any joint account survivor, pay -on -death beneficiary or trust account beneficiary become effective. For example, if one joint tenant pledges the account for payment of a debt and then dies, the surviving joint tenant's rights in this account are subject first to the payment of the debt. Ownership of Account and Beneficiary Designation. You intend these rules to apply to this account depending on the form of ownership and beneficiary designation, if any, specified on page 1. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds. Individual Account. This account is issued to one person who does not intend (merely by opening this account) to create any survivorship rights in any other person. Joint Account. This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Joint Account - of Husband and Wife With Right of Survivorship. This account is owned by the named parties, who are husband and wife, and is presumed to be their community property. Upon the death of either of them, ownership passes to the survivor. Community Property Account of Husband and Wife. This account is the community property of the named parties who are husband and wife. The ownership during lifetime and after the death of a spouse is determined by the law applicable to community property generally and may be affected by a will. Tenancy in Common Account. This account is owned by the named parties as tenants in common. Upon the death of any party, the ownership interest of that party passes to the named pay -on -death payee(s) of that party, or, if none, to the estate of that parry. P.O.D. Account with Single Party. This account is owned by the named party. Upon the death of that party, ownership passes to the named pay -on -death payee(s). P.O.D. Account With Multiple Parties. This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Upon the death of all of them, ownership passes to the named pay -on -death payee(s). Whether the P.O.D. Account is with single party or multiple parties, if ownership passes to more than one beneficiary, any such beneficiary may withdraw all or any part of the account balance. Totten Trust Account. (subject to this form) - If two or more of you create this account, you own the account jointly with survivorship. Beneficiaries acquire the right to withdraw only if (1) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. Any such beneficiary may withdraw all or any part of the account balance. The person(s) creating either of these account types reserves the right to: (1) change beneficiaries; (2) change account types; and (3) withdraw all or part of the deposit at any time. Trust Account Subject to Separate Agreement. We will abide by the terms of any separate agreement which clearly pertains to this account and which you file with us. Any additional consistent terms stated on this form will also apply. Set -Off. You each agree that we may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt owed to us now or in the future, by any of you having the right of withdrawal, to the extent of such person's or legal entity's right to withdraw. The amount of the set-off may be further limited by applicable law. If the debt arises from a note, "any due and payable debt" includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note. This right of set-off does not apply to this account if: (a) it is an Individual Retirement Account or other tax -deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan, or (c) the debtor's right of withdrawal arises only in a representative capacity. You agree to hold us harmless from any claim arising as a result of our exercise of our right of set-off. Balance Computation Method. We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. Transaction Limitations. You cannot make additional deposits to this account during a term (other than credited interest). You cannot withdraw principal from this account without our consent except on or after maturity. (For accounts that automatically renew, there is a grace period after each renewal date during which withdrawals are permitted without penalty.) In certain circumstances, such as the death or incompetence of an account owner, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax -deferred savings plan. For Accounts that Automatically Renew. Each renewal term will be 90 Days , beginning on the maturity date (unless we notify you, in writing, before a maturity date, of a different term for renewal). You must notify us in writing before, or within a 10 day grace period after, the maturity date if you do not want this account to automatically renew. Interest earned during one term that is not withdrawn during or immediately after that term is added to principal for the renewal term. The rate for each renewal term will be determined by us on or just before the renewal date. You may call us on or shortly before the maturity date and we can tell you what the interest rate will be for the next renewal term. On accounts with terms of longer than one month we will remind you in advance of the renewal and tell you when the rate will be known for the renewal period. See your plan disclosure if this account is part of an IRA or Keogh. Certificate of Deposit/Account Agreement -CA tkers SysiemsTM VMP& Wailers Kluwer Financlal Services © 2015 CD-AA-LAZ-CA 3/1 5/2015 Page 2 of 2 CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: z/S G &&C- herein after called ASSIGNOR whose principal place of business is g1500 do (does) hereby assign, and set over to the City of San Luis Obispo, all right, le, and interest of whatever nature, of assignor, in and to the insured account of assignor in the evidenced by a Certificate of Deposit in the amount of (Name o I F ?nancia ns on $ 62V _ numbered • which is delivered to the City of San Luis Obispo herewith. As ignor agrees that this assignment carries with it the right in the insurance of the account by the Federal oS Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collec and withdraw the full amount of 5 ch account at � jy time 7HOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for ��•� ; _�2co y-. -L z at,i.�r LurS _onaie-o including interest and penaltieg, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED- _�ntgnalufre cQ(I . jGL�C Printed Namm 1 ille ignature iILT�J PrIniecrumelliflii RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal _ o �i k— Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in 'accordance with the laws applicable to this financial institution. DATED: `3 n •2 — I I-p H-LuOL-ALA Mrov-\ro �,k q1 0 g3L40I Name of "Mtx1al 111SIRLIVen Street i uty lip j ❑ ?W. FM_ M Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution reamed In the above assignment is hereby authorized and directed to pay any earnings on the above- iden6fied account to the above -named assignor. DATED: J CITY OF SAN LUIS OBISPO By: e�2 41 Cosn unsyi� mrn[ 11 eP • pa Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ DUCE to guarantee: e6Mp&6T ;E�Pke)slaAj Ce /U1-"z : CCmio(-O� s/FE w Cis. g !mot T>A 19 l ,�.3 A ►eo u-,4c -- z e)x p 3)A� 11u6r- Su 13mr "-L c � - � Ll 6 � i- 1 X T-U 6 D/ F /r Iq 7-1-6 ,t S u z;i . at the property commonly known as2-6 3-2-�-6 GA within 3 6 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. _'► Signed Print 0-^4 6a sst'^*y Address no lrov- Block 1�'Ts►-tr' t35-60+ , C,12 9 3` q Phone _ Ro s T576 S 66 0 Tract C-;l �q - Date % 1, 114 It 3 i• 'r:A � t . vl; , CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY F R1- 34,,E � � � 1-4. t4%,tj Cheret'n after called ASSIGNOR whose principal place of business is - rn •1;, h - t� y _ do (does) hereby assign, and set over to the City of San Lufs Obispo, all right, till and ant%est of vPhatever nature, of assignor, in and to the insured account of assignor in the {3 evidenced by a Certificate of Deposit in the amount of $-��`1 _ �!ttilr numbered 8.15-03 REV UNION BANK, N.A. PAYMENT BOND CERTIFICATE Automatic Renewal, Non -Negotiable Certificate Serial Number: Office of Account: PROPERTY MGMT TREASURY SERVICES-CHICAGO Account Number: Amount Deposited $10,000.00 On October 26, 2013, Ten Thousand And 00/100 Dollars was deposited for 064 Days by tAW RENCE HOMES LLC (Depositor) and is payable to THE CITY OF SAN LUIS OBISPO on December 31, 2013 (the Maturity Date), upon presentation of this certificate, properly endorsed. This deposit will earn interest at the rate of 00.100% compounded daily using a 365-day year, for an annual percentage yield of 00.100%. Interest will be paid to the Depositor Monthly. If this Certificate is not presented for payment on the account's Maturity Date or within 10 days after that date, the deposit will be renewed for alike term at the interest rate in effect on the account's Maturity Date.This Certificate is transferable. If all or any part of this deposit is withdrawn before the account's Maturity Date, the amount withdrawn may be subject to an early withdrawal or compensating fee. q l- FORM 03117-OASIS (F.REV.07/2009) SURRENDER FOR PAYMENT PAYEE DEPOSITOR city of san tins osispo GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit orXCertificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ % . oe)o-Ga to guarantee: 517E /1 N /9 2265,,fl S TC, TY S14T.S r11-6 77,0 /0 t)I^ Tff ' /f /L i✓ at the property commonly known as 7 ��� .D� _ _ _ within 6 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN d 63 -d "--2 -d/S Lot 131 Block Signed ik r Date 71311 Print _ 9W ff"/7)/ d o U_1 T Z Address / v203 jt�L.��,o IqD - -�11/--,o cl,j 11A/io, q�D Phone � 5 _ 7`� 7 7 FO Tract ;�36-3 76-90 Time Account Receipt/Disclosure Banker Name: Officer/Portfolio Number: Date: NATASHA KHIMANI ICE522 07/07/2011 Banker Phone: Store Number: Banker ALI: Banker MAC: 1805/541-0143 104544 10000901 JE2321-011 Customer/Account Information Primary Customer Name: Customer Number (ECN): JMD2 COMMUNITIES COID: Product: Account Number: Open Date: Term: Maturity Date: 00114 ICDA 107/07/2011 L months IlOY07/2011 Time Account Opening Deposit: Interest Rate: Annual Percentage Yield: Fixed Rate: Variable Rate: Renewal Term: l$1,000.00 0.05% 1 0.05% 1Yes_ INo _ 13 months Interest will be paid: The method of payment will be: IEVERY 01 MONTHS AND AT WITHDRAWAL IBY ADDING TO PRINCIPALT Renewability: YOU WILL AUTOMATICALLY RENEW MY TIME ACCOUNT AT MATURITY UNLESS I NOTIFY YOU OTHERWISE Account Title and Mailing Information Customer(s) Listed on Account: Mailing Address: IMD2 COMMUNITIES 11203 FLYNN RD UNIT 120 Address Line 2: COLLATERAL FOR THE CITY OF City: State: ISAN LUIS OBISPO CAMARILLO ICA ZIP/Postal Code: Country: 93012-6201 IUS r CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, I RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR- MD2.. C 0to MU.N1 T t ES �hereln after called ASSIGNOR whose principal place of business Is _ C _iL- ��_ do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title-, Interest of whatever nature, of assignor, In and to the Insured account of assignor In the WE LI-5 .AQD G$A t3 K _-_.• evidenced by a Certificate of Deposit In the amount of I area o FJnnc[! in`3311u11oin $_ OWe �l�i3�t5rtt.1� pL.Lf�RS 0�� Ib� numbered 1�000. Dt9 which Is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with It the right In the Insurance of the account by the Federal — Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. TIIa . assignment is given as securlty for liability for; at , 'J PD i�DD _()b}� _ ,including interest and penalties, and to Insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED: t r �"` n"1*'nSad'r an ffl•�"� ___ ......`_-_.._..__........� rr"nro"ir amo i o RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the ebova-ldon ifled account prior to the assignment to the City of San Luis Obispo. We agree to Make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial Institution. DATED: I ( I r.ti tJV l�/l �� ���- Spw f e_� 031.5p,, Ijq�J/ RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt Is acknowledged of the above assignment and the Certificate of Deposit Identified in the above assighment. The financial Institution named in the above assignment Is hereby authorized and directed to pay any earnings on the above - Identified account to lie abovq-named assignor. DATED: —7 o•L} C,1 f CITY OF SAW OHISP By: _ Cummvn m+a me o • Ina[ Original: Clly/6f SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 2-11-05 Grover Beach Office 1580 West Grand Avenue Grover Beach, CA 93433 805481-5459 805 481-7114 Fax 800 869-3557 24-Hr. Customer Service www.wellsfargo.com July 07, 2011 The City of San Luis Obispo 990 Palm Street San Luis Obispo, CA 93401 RE: MD2 Communities ("Customer") This letter certifies that on July 07, 2011, Wells Fargo Bank, National Association (the "Bank") opened interest -bearing time deposit account number (the "Time Deposit") in the name of the above -referenced Customer. The Time Deposit was opened in the principal amount of $1000.00, with a term of Three Months. The Customer has represented to the Bank that the Time Deposit has been pledged to the City of San Luis Obispo ("Agency') to secure obligations of the Customer to the Agency. The Bank has placed a hold on the principal balance of the Time Deposit, and will not release the principal balance to the Customer unless the Bank receives a release letter from the Agency, on official letterhead and signed by an Agency representative. If the Bank receives a written request from the Agency to forward the principal balance of the Time Deposit to the Agency, the Bank will issue a cashier's check payable to the Agency in the principal amount of the Time Deposit, less any penalty assessed as a result of early withdrawal, and will forward it to the address given by the Agency representative. On expiration of the term of the Time Deposit, the Bank will roll over the time deposit for a like term, at the then applicable interest rate for the applicable term and principal amount of the time deposit, until the principal balance of the time deposit is released in accordance with the preceding paragraph. If you have any questions, please feel free to contact the undersigned at 805 781 0541. Very truly�ae�, � Natasha Mercurio Business Specialist Wells Fargo Bank Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ U . to guarantee: d/-_ �dGl�ODX77Z)AUs v`-Z�3AI-S. 1)012416� i /� T Z-1r1(_/ r16�s at the property commonly known as Z23 ���`11�-� U� within C�days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN �,V - 2,S- O 1 � Lot Signed Print Address i ?Zy"2 CA e— y, l C Phone Block Tract Date �J �D � l CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: herein after called ASSIGNOR whose principal place of business is k —7 '. cA C do (does) hereby assign, and set over to the City of San Ltheuis , Obis o, all ri ht, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in (Name ofFrnane�a n L C7 ' '� '� " �� evidenced by a Certificate of Deposit in the amount of Zia. bd numbered which is delivered to the City of San Luis Obispo herewith, Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal e p6s ] -'f-- Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for D,U D f���.A16; _ __ at I3 UE including ��i(r�r interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED: �Y , 0 ogna v S Pnnted NerrWi e FrInted Namele RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal .e_ 7 T Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. D TED: 3- Ce — I Ci k`� 5 5 1s 61 - set f3 va ) v A-o,-L k VIA` t l c L, 2- " L Z t te Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: J d ' f CITY OF SAN LUI BISPO Cl) 10 By: f Camm®iqr npmeut Dept •iscai cer- ippne�e Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 Certificate of Deposit Receipt This receipt is issued to: Love To Learn Inc. ASSIGNED TO CITY OF SAN LUIS OBISPO 1792 Conejo Ave San Luis Obispo CA 93401-3011 PACIFIC PREMIER BANK° 1144 Morro Street San Luis Obispo, CA 93401 Account Number: IRA Number: Amount $ 2,400.00 Date Opened 03/06/2019 Term 6 Months Maturity Date 9/06/2019 Interest Rate .050 % Annual Percentage Yield .05 % The account evidenced by this receipt is subject to and further explained in the terms and conditions contained in the account agreement and account disclosures. The account is Not Negotiable and Not Transferable. Only the items checked apply, ® Fixed Interest Rate ❑ Variable Interest Rate ❑ Additions Permitted ® Automatically Renewable ❑ Single Maturity (not automatically renewable) ❑ Callable ❑ Notice Account Interest will be: ❑ mailed to the owner(s). ® added to principal (compounded), ❑ paid to Certificate of Deposit BGnofpt Bankers SystemsiM Wolters Kluwer Financial Services © 1994, 2008 account No. CDREC-BK-LAZ 3/11/2008 Page 1 of 1 ACCOUNT AGREEMENT PACIFIC PREMIER BANK° Number: 1144 Morro Street Account Ownerls) Name & Address Love To Learn Inc. San Luis Obispo, CA 93401 ASSIGNED TO CITY OF SAN LUIS OBISPO Agreement Date: 3/06/2019 By: 6864FA 1792 Conejo Ave ❑ EXISTING Account -This agreement replaces previous agreement(s) San Luis Obispo CA 93401-3011 Account Description: 6 MONTH CD ❑ Checking ❑ Savings ❑ NOW pc Time Deposit Initial Deposit s 2.400.00 Source: Transfer Ownership of Account - CONSUMER Purpose ❑ Individual ❑ ❑ Joint Account ❑ Tenancy in Common Account ❑ Community Property Account of Spouses ❑ Joint Account of Spouses With Right of Survivorship ❑ Trust - Separate Agreement: ❑ Totten Trust or ❑ Pay -on -Death Designation as Defined in this Agreement (Name and Address of Beneficiaries): Ownership of Account - BUSINESS Purpose ❑ Sole Proprietorship ❑ Single -Member LLC ❑ Partnership ❑ LLC (LLC tax classification. ❑ C Corp ❑ S Corp ❑ Partnership) ❑ C Corporation ❑ S Corporation ❑ Non -Profit Corporation Business: Preschool Backup Withholding Certifications (Non. "U.S. Persons"• Use separate form W-8) 9 By signing at right, I, Love To Learn Inc. certify under penalties of perjury that the statements made in this section are true. X TIN: 46-2818857 The Taxpayer (TIN) shown is my correct taxpayer identification number. 9 Not Subject to Backup Withholding. I am NOT subject to backup withholding either because I have ov been notified that I am subject to backup withholding as a result of a failure to report all interest or dividends, or the Internal Revenue Service has notified me that I am no longer subject to backup withholding. ❑ Exempt Recipient. I am an exempt recipient under the Internal Revenue Service Regulations. Exempt payee code (if any) FATCA Code. The FATCA code entered on this form (if any) indicating that I am exempt from FATCA reporting is correct, U.S. Person. I am a U.S. citizen or other U.S. person (as defined in the instructions). Signature Card -CA Bankers SystemsTM VMPO Wolters Kluwer Financial Services ©2016 Additional Information: Signature(s). The undersigned certifies the accuracy of the information he/she has provided and acknowledges receipt of a completed copy of this form. The undersigned authorizes the financial institution to verify credit and employment history and/or have a credit reporting agency prepare a credit report on the undersigned, as individuals. The undersigned also acknowledge the receipt of a copy and agree to the terms of the following agreament(s) and/or disclosure(s): Terms & Conditions X Truth in Savings X Funds Availability Electronic Fund Transfers X Privacy PC Substitute Checks Common Features ❑ The Internal Revenue Service does not require your consent to any provision of this document other than the certifications required to avoid backup withholding. H 1� r IX � Kylee K Davis I.D. # 620-44-5882 D. D. # D.O.B. D.0.B. D.0.B. ❑ Authorized Signer (Individual Accounts Only) [X I.D. # D.0.B. 10/02/1984 J J MPSC-LAZ-CA 7/1/2016 Page 1 of 1 D011 l � '°1°�wiu�ll�llllha'AL��II city of san tins osispo ara GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or x Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of GC? to guarantee: &6lfV P A) D Allt G�c� -G Gr1 S Tr rA;916; Ly /dN fJ - G I � Ch i �%� iC ���L1) at the AZ - property commonly known as `TID �z 1 Z2d / Q1U within 1 Q.10 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN g JL =i(0 1,3- ()iZ Lot Signed Print Nlllt��yS t-= • cfl, Address ��O-I 1�1C#IdrJ Phone SOS- Z f S - (067 Block J�7 Tract Date r-f Zg , 5 78.90 MUFG UNION BANK, N.A. PAYMENT BOND CERTIFICATE Automatic Renewal, Non -Negotiable Certificate Serial Number: Office of Account: SAN LUIS OBISPO Account Number: Amount Deposited $2,000.00 On December 28, 2015, Two Thousand And 00/100 Dollars was deposited for 180 Days by NEMCIK, AMY (Depositor) and is payable to City of San Luis Obispo on June 25, 2016 (the Maturity Date), upon presentation of this certificate, properly endorsed. This deposit will earn interest at the rate of 00.100% compounded daily using a 365-day year, for an annual percentage yield of 00.100%. Interest will be paid to the Depositor At Maturity. If this Certificate is not presented for payment on the account's Maturity Date or within 10 days after that date, the deposit will be renewed for a like term at the interest rate in effect on the account's Maturity Date.This Certificate is not transferable. If all or any part of this deposit is withdrawn before the account's Maturity Date, the amount withdrawn may be subject to an early withdrawal or compensating fee. Q,�:, ) AUTHORIZED SIGNATURE FORM 03117-OASIS (F.REV.07/2014) CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: NAILvS N .; ix, herein after called ASSIGNOR whose principal place of business is SA-N t OBISPO do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in the L)I. W-) r3►�� evidenced by a Certificate of Deposit in the amount of (Name oTFinanc a ns u on) c V $ — 10,66, numbered ?) which is delivered to the City of San Luis Obispo herewith- Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal s Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, c Ilect and withdraw the full amount. of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for i'fr 16.f1API E4 VC- WL1��i� at D Al including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code - Assignor hereby notifies the above -named financial institution of this assignment. DATED: 12 Z9j 2oL gna ure nn a amen it a gna ure -- n RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal L Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: i Z 17-8 zoos- ! Igagr_ ame a1 I-inamal imt1lullon na re r -G� Sam ZNrs ,Qlse,i,/ street _ ItY p PPS.. ► a�1+A r �c. nn e a i na ❑ (STAFF ON LY) Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: / z�I CITY OF SAN LUIS OBISPO By= 2 - e r ,omnant VeVewflopment "L R=l Officer-Signasure Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 �1gpu���lll�l�"�alll city of san tins osIspo GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit oQ�ertificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ 46100, to guarantee: L24hA) �)U ,, )e&-S %L, I1" r%e A.) A/- 77 2f1. e/~. j &DV4141,1I- &5/D V /)V IV /t 1E7L— 5/V 11 /S /Ito el-,U&�- I G/ /U 7-/ L ,5&A4 at the property commonly known as /I e-17) within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APNz63- -V- -6�9 Lot Block Signed Date t o r (I ` Print ' ►',\ --� -.1V,� ►..-, 5 Address -1,0 S �, "}t t� �, cA- 461 Phone V 0 Tract 5441 LA) e tfD 79-90 ram■ rI� PACIFIC WESTERN BANK CERTIFICATE OF DEPOSIT (COD) CONFIRMATION The account confirmed by this receipt is subject to and further explained in the terms and conditions contained in the "Deposit Account Agreement and Disclosure" provided to you. The account is not negotiable and not transferable. Customer Information Account Name: DIGITAL WEST NETWORKS INC PLEDGED TO THE CITY OF SAN LUIS OBISPO Address: 3620 SACRAMENTO DR #102 City, State, and Zip Code: SAN LUIS OBISPO CA 93405 Certificate Number: Held for Collateral if Box is Checked: ❑ Loan Number: Account Information Opening Amount: $ 1,000.00 Opening Date: 10/03/2014 Term: 365 DAYS Maturity Date: 10/03/2015 Automatic® Single ❑ Renewal Maturity Rate Information Interest Rate: 0.15 % Annual Percentage Yield (APY) 0.15 % You will be paid this rate until the maturity date of the certificate. The Annual Percentage Yield assumes that interest will remain on deposit until maturity. A withdrawal of interest will reduce earnings. Compounding and Crediting of Interest The crediting of interest earned to the principal amount is defined as "compounding of interest." COD with terms one (1) year or less: Interested is compounded at maturity, unless interest is -paid to another Pacific Western Bank account or paid by check at the frequency indicated below. COD with terms greater than one (1) year: Interest is compounded quarterly, unless interest is paid to another Pacific Western Bank account or paid by check at the frequency indicated below. Interest Payment Frequency: ❑ Monthly ❑ Quarterly VJ Maturity To: Checking Account #: To: Savings Account #: Issue Interest Check: ❑ l Prepared By: MICHELLE KOVAL Approved By: Disclosure of Account Terms MINIMUM BALANCE REQUIREMENTS: A minimum deposit of $2,500.00 is required to open your COD account, In accounts with an opening deposit between $2,500.00 and $99,999.99, a minimum daily balance of $2,500.00 is required to obtain the APY listed above. In accounts with an opening deposit of $100,000.00 or higher, a minimum daily balance of $100,000.00 is required to obtain the APY listed above. BALANCE COMPUTATION METHOD: The daily balance method is used to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. MEMBER FDIC Rev: 12/11 PAGE 1 LENDER I LE ACCRUAL OF INTEREST: Interest begins to accrue no later than the business day we receive credit for your deposit of non -cash items (checks). TRANSACTION LIMITATIONS: After the account is opened, you may not make deposits into or withdrawals from the account until the maturity date. EARLY WITHDRAWAL PENALTY: We will impose a penalty if you withdraw any or all of the deposited funds/principal before the maturity date. This could result in a reduction of principal. _ COD TERM 7 Days through 29 Days 30 Days through 179 Days 180 Days through 364 Days 365 Days through 18 Months 24 Months and Greater PENALTY Equals the total interest that earned for the established term _30 Days of Interest 90 Days of Interest 120 Days of Interest _ 180 Days of Interest could have been In certain circumstances, such as the death or incompetence of an account owner, the law permits or, in some cases, requires the waiver of the early withdrawal penalty. RENEWAL POLICY: This account will automatically renew at maturity. Each renewal term will be the same (unless we notify you in writing before the maturity date of a different term for renewal). For accounts with terms of thirty (30) days or longer, you will have seven (7) calendar days after the maturity,date to withdraw funds without penalty. For accounts with terms less than thirty (30) days, there is no grace period following the maturity of the account to withdraw funds without penalty. If the account is not renewed, interest will not be earned after the maturity date. If this account has a single maturity date, it will not renew automatically and interest will not continue to accrue after maturity. If you do not renew or close your COD account within 30 days of the maturity date, your funds will be placed in an interest bearing Savings account at the prevailing rate. The COD rate of interest will not continue after the maturity date, THANK YOU FOR BANKING AT PACIFIC WESTERN BANK. MEMBER FDIC Rev: 12/11 PAGE 2 CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: LL L herein after called ASSIGNOR whose principal place of business is 0 0 ' ` do (does) hereby assign, and set over to the City of San Luis Obis o, all right, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in the 1� �.a� s r C,,,. L (Name af F nancans i u On evidenced by a Certificate of Deposit in the amount of U Gn numbered which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries livith it the right in the insurance of the account by the Federal -_ bgo';t Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for LG Lk)-WO ADtcaG17-10 X-) /4- nJ Z-�> F1f:;IJG/ A_) G- _ at 7 4— AD.e TZ) /n including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED: �1 9t igna ure Prinled NaFnefritle Printed NameMbe RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal 0� rc� } , t- Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: L O - l5 • 1 Arne iol FinanciarMMLAW slreO City zip Aa'j1 {e,I& 9na tfre Printe ame it e ❑ STAFF ONLY Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED,— /0/ CITY OF AN LUIS O ISPO or i Camtnua ty Deve opmtat 1Vt. Fisol Officer - Sigimiurc Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 gn city of sari lui s OBI SPO GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or [j Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ to guarantee: Gas d��'�i•y�9 X, Te Me— lr-X: e 710Aj 0lo" r C'1r '� ��/ e.Qf If�G`r �r9" at the property commonly known as within 9 c. j�Js aY-J� M.f 7C �Q4(&,4 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN Lot Block Signed Date Print �441 rvvtt ")- Address 1 5�3-6 - 'Ot M# 4JR-2114�j Phone tJS Tract 76-90 CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: r L� herein after called ASSIGNOR whose principal place of business is �r i-�=, do (does) hereby assign, and set over to the City of San L lis C)bispo, all right,, title, and interest o whatever nature, of assignor, in and to the insured account of assignor in the i evidenced by a Certificate of Deposit in the amount of (Named1 Ins n)- QQD numbered '' +-• which is delivered to the City of San Luis Obisrpojiierewith, Assinor agrees that this assignment carries'with it the right in the insurance of the account by the Federal 0-,4)k Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time UNIT OUT f IOTICE TO ASSIGNOR. This assignment is gliven as security for liability for r� .r A 0 7E_ at r including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATEp - S gnaw• � 8 Qna[ura . mnte a 9ame ilia Printed Name/Title RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by b e assignment and have retained a copy of this sheet. We'certify that this account is fully insured by the Federal _lr' Inst.lrance' Corporation and that we have received no notice -of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in 'accordance with the laws applicable to this financial institution. DATED: �'���C� �G1��'_.. �:ta— 3 � Y����� , �'�-� � ���'1C�i,t`�n`�j ...�.����C1��lLll�t, t � l •� `NVma Of 1-nano al institution iulty Signature aM11110 ® (STAFF ❑NL.Y.J Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: /J r�" `;O CITY OF SAN LUIS OBI ' ❑ Couwiun wcal Dcpt. F scu O�'Sigmiuture Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 Certificate of Deposit Date Opened: 01/20/2016 Term:91 Days Dollar Amount o Deposit: fTHREE THOUSAND DOLLARS AND NO CENTS This Time Deposit is Issued to: Naranji LLC FBO City of San Luis Opispo 1533 S Broadway Ste A Santa Maria, CA 93454-7223 Not Negotiable - Not Transferable - Additional terms are below. This form contains the terms for your time deposit. It is also the Truth -in -Savings disclosure for those depositors entitled to one. There are additional terms and disclosures on page two of this form, some of which explain or expand on those below. You should keep one copy of this form. Maturity Date. This account matures 4/20/2016 (See below for renewal information.) Rate Information. The interest rate for this account is .2000 % with an annual percentage yield of .20 %. This rate will be paid until the maturity date specified above. Interest begins to accrue on the business day you deposit any noncash item (for example, a check). Interest will be compounded daily Interest will be credited every 1 month _ and capitalized X The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. ❑ If you close your account before interest. is credited, you will not receive the accrued interest. The Number of Endorsements needed for withdrawal or any other purpose is: 001 Tax ID: COPY Number: $ 3000.00 Issuer: Santa Maria Office Heritage Oaks Bank 1825 South Broadway Santa Maria, CA 93454 By Minimum Balance Requirement. You must make a minimum deposit to open this account of $1000.00 You must maintain this minimum balance on a daily basis to earn the annual percentage yield disclosed. Withdrawals of Interest. Interest ❑ accrued X credited during a term can be withdrawn: Early Withdrawal Penalty. If we consent to a request for a withdrawal that is otherwise not permitted you may have to pay a penalty. The penalty will be an amount equal to: 90 days at current interest rate interest on the amount withdrawn. Renewal Policy ❑ Single Maturity. If checked, this account will not automatically renew. Interest ❑ will ❑ will not accrue after maturity. Automatic Renewal. If checked, this account will automatically renew on the maturity date. Interest ❑ will X will not accrue after final maturity. Account Ownership. You have requested and intend the type of account marked below. ❑ Individual ❑ Joint Account ❑ Joint - Husband and Wife (with right of survivorship) ❑ Community Property - Husband and Wife ❑ Tenancy in Common ❑ Trust: Separate Agreement Dated El ❑ Totten Trust or ❑ Pay on Death Designation as defined in this agreement (Beneficiaries' names and addresses) TIN: Social Security or Employer's I.D. Number. A correct taxpayer identification number is required for almost every type of account. A certification of this number is also required and is contained on the first copy of this certificate. Backup Withholding. A certification that you are not subject to backup withholding is necessary for almost all accounts (except for persons who are exempt altogether) - and a certification that the FATCA code (if any) is correct. These certifications are contained on the first copy of this form. Failure to provide these certifications when required will cause us to withhold a percentage of the interest earned (for payments to the IRS). Providing a false certification can result in serious federal penalties. Endorsements. Sign Only When You Request Withdrawal X X X Certificate of Deposit/Account Agreement -CA Bankers SystemsTM VMP@ Wolters Kluwer Financial Services © 2015 Read Page Two for Additional Terms CD-AA-LAZ-CA 3/15/2015 Page 1 of 2 Definitions. "We," "our," and "us" mean the issuer of this account and "you" and "your" mean the depositor(s). "Account" means the original certificate of deposit as well as the deposit it evidences. Transfer. "Transfer" means any change in ownership, withdrawal rights, or survivorship rights, including (but not limited to) any pledge or assignment of this account as collateral. You cannot transfer this account without our written consent. Primary Agreement. You agree to keep your funds with us in this account until the maturity date. (An automatically renewable account matures at regular intervals.) You may not transfer this account without first obtaining our written consent. You must present this certificate when you request a withdrawal or a transfer. This account is void if the deposit is made by any method requiring collection (such as a check) and the deposit is not immediately collected in full. If the deposit is made or payable in a foreign currency, the amount of the deposit will be adjusted to reflect final exchange into U.S. dollars. We may change any term of this agreement. Rules governing changes in interest rates have been provided. For other changes we will give you reasonable notice in writing or by any other method permitted by law. If any notice is necessary, you all agree that the notice will be sufficient if we mail it to the address listed on page one of this form. You must notify us of any change. Withdrawals and Transfers. Only those of you who sign the permanent signature card may withdraw funds from this account. (In appropriate cases, a court appointed representative, a beneficiary of a trust or pay -on -death account whose right of withdrawal has matured, or a newly appointed and authorized representative of a legal entity may also withdraw from this account.) The specific number of you who must agree to any withdrawal is written on page one in the section bearing the title Number of Endorsements. This means, for example, that if two of you sign the signature card but only one endorsement is necessary for withdrawal then either of you may request withdrawal of the entire account at any time. Unless otherwise specified in writing, only one endorsement is required to withdraw funds from this account. These same rules apply to define the names and the number of you who can request our consent to a transfer. Pledges. Any pledge of this account (to which we have agreed), must first be satisfied before the rights of any joint account survivor, pay -on -death beneficiary or trust account beneficiary become effective. For example, if one joint tenant pledges the account for payment of a debt and then dies, the surviving joint tenant's rights in this account are subject first to the payment of the debt. Ownership of Account and Beneficiary Designation. You intend these rules to apply to this account depending on the form of ownership and beneficiary designation, if any, specified on page 1. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds. Individual Account. This account is issued to one person who does not intend (merely by opening this account) to create any survivorship rights in any other person. Joint Account. This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Joint Account - of Husband and Wife With Right of Survivorship. This account is owned by the named parties, who are husband and wife, and is presumed to be their community property. Upon the death of either of them, ownership passes to the survivor. Community Property Account of Husband and Wife. This account is the community property of the named parties who are husband and wife. The ownership during lifetime and after the death of a spouse is determined by the law applicable to community property generally and may be affected by a will. Tenancy in Common Account. This account is owned by the named parties as tenants in common. Upon the death of any party, the ownership interest of that party passes to the named pay -on -death payee(s) of that party, or, if none, to the estate of that party. P.O.D. Account with Single Party. This account is owned by the named party. Upon the death of that party, ownership passes to the named pay -on -death payee(s). P.O.D. Account With Multiple Parties. This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Upon the death of all of them, ownership passes to the named pay -on -death payee(s). Whether the P.O.D. Account is with single party or multiple parties, if ownership passes to more than one beneficiary, any such beneficiary may withdraw all or any part of the account balance. Totten Trust Account. (subject to this form) - If two or more of you create this account, you own the account jointly with survivorship. Beneficiaries acquire the right to withdraw only if (1) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. Any such beneficiary may withdraw all or any part of the account balance. The person(s) creating either of these account types reserves the right to: (1) change beneficiaries; (2) change account types; and (3) withdraw all or part of the deposit at any time. Trust Account Subject to Separate Agreement. We will abide by the terms of any separate agreement which clearly pertains to this account and which you file with us. Any additional consistent terms stated on this form will also apply. Set -Off. You each agree that we may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt owed to us now or in the future, by any of you having the right of withdrawal, to the extent of such person's or legal entity's right to withdraw. The amount of the set-off may be further limited by applicable law. If the debt arises from a note, "any due and payable debt" includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note. This right of set-off does not apply to this account if: (a) it is an Individual Retirement Account or other tax -deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan, or (c) the debtor's right of withdrawal arises only in a representative capacity. You agree to hold us harmless from any claim arising as a result of our exercise of our right of set-off. Balance Computation Method. We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. Transaction Limitations. You cannot make additional deposits to this account during a term (other than credited interest). You cannot withdraw principal from this account without our consent except on or after maturity. (For accounts that automatically renew, there is a grace period after each renewal date during which withdrawals are permitted without penalty.) In certain circumstances, such as the death or incompetence of an account owner, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax -deferred savings plan. For Accounts that Automatically Renew. Each renewal term will be 91 Days , beginning on the maturity date (unless we notify you, in writing, before a maturity date, of a different term for renewal). You must notify us in writing before, or within a 10 day grace period after, the maturity date if you do not want this account to automatically renew. Interest earned during one term that is not withdrawn during or immediately after that term is added to principal for the renewal term. The rate for each renewal term will be determined by us on or just before the renewal date. You may call us on or shortly before the maturity date and we can tell you what the interest rate will be for the next renewal term. On accounts with terms of longer than one month we will remind you in advance of the renewal and tell you when the rate will be known for the renewal period. See your plan disclosure if this account is part of an IRA or Keogh. Certificate of Orpplit/Account Agreement -CA Bankers System3TM VMPOO Wolters Kluwer Financial Services © 2015 CD-AA-LAZ-CA 3/15/2015 Page 2 of 2 PZ=-;g176-.20/9 4 i i a M1y lt1p ll B r �I�I ► Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a rev Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ Dom` to guarantee: Key 4` 17 ` (Z1W b0 ` /44 S ZZ )4ND CeLAIL, lAu-6 Div at the property commonly known aswithin — days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN_( 3 -.-'�ZZ -el �' Lot Block Signed Print Address 14T 4 ll e/t/ L>r CC h d , 'sr 9 4©'/ Phone W-5' 5W 3 -- ! ;L.4- 7 Tract Date I1,a v-/q Certificate of Deposit Receipt Branch: Mechanics Bank P. O. Box 6002 Arroyo Grande, CA 93421-6002 (800) 942-6222 Receipt Issued to: Lee Frazier Hollister [Fbo City Of San Luis Obispo] 1694 Knoll Dr San Luis Obispo CA 93401-6013 40 Mechanics Bank' Account Number: Certificate Number: 1 Amount: $2,000.00 Date Opened/Renewed: 11/22/2019 Term: 5 Months Maturity Date: 04/22/2020 Interest Rate: 1.24% Annual Percentage Yield: 1.25% Employee Name: Michelle Toroian Employee Number: K385674 The account evidenced by this receipt is subject to and further explained in the terms and conditions contained in the account agreement and account disclosures. This account is non-negotiable and not transferable. Interest will Compound Monthly and Add On Monthly Account number (if transferred): Routing number (if externally transferred): Mechanics Bank, Member FDIC FM-ACC-103 (08/13) DO Certificates of Deposit Truth -in -Savings Mechanics Banff° Disclosure Rabobank, N.A. has merged with Mechanics Bank. This document applies only to products and services opened, offered or held at former Rabobank, N.A. branches or financial service centers, or opened online through Online Account Creation at RabobankAmerica.com. See attached list of former Rabobank, N.A. branches and financial service centers or visit Rabobankamerica.com/locations. Rate Information - Please refer to our Summary of Deposit Rates Offered. You will be paid the disclosed rate until first maturity. Compounding frequency - Interest will be compounded monthly, quarterly or annually. Crediting frequency - Interest will be credited to your account monthly, quarterly, annually or at maturity. Interest can be credited to your account principle; credited directly to your Mechanics Bank Checking, Money Market or Savings Account; or credited to another bank account outside of Mechanics Bank. The frequency of compounding and crediting of interest will be determined and disclosed at the time the account is opened. Minimum balance to open the account — The minimum balance to open and IRA certificate of deposit is $1,000. The minimum balance to open all other certificates of deposit is $2,500. Daily balance computation method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks). Transaction limitations: You may make deposits into your IRA certificate of deposit at any time. You may not make deposits into any other certificate of deposit before maturity. You may not make withdrawals of principal from your account before maturity without penalty. You can withdraw interest before maturity if you make arrangements with us for periodic payments of interest in lieu of crediting. Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity) - • If your account has an original maturity equal to 29 days or less: The fee we may impose will equal seven (7) days interest on the amount withdrawn subject to penalty at the rate in effect at the time of the early withdrawal. • If your account has an original maturity of 30 days to 90 days: The fee we may impose will equal 30 days interest on the amount withdrawn subject to penalty at the rate in effect at the time of the early withdrawal. • If your account has an original maturity of more than 90 days to one (1) year: Mechanics Bank Member FDIC DISC-002 (11/17) DO/SRM Y Account Agreement Date: 11/22/2019 Enter Non -Individual Owner Information on page 2. There is additional Owner/Signer Information space on page 2. ❑ If checked, Lhis is a Lernporary account agreement. Number of signatures required for withdrawal: 9 The undersigned authorize the financial institution to investigate credit and employment history and obtain reports from consumer reporting agency(ies) on them as individuals. Except as otherwise provided by law or other documents, each of the undersigned is authorized to make withdrawals from the account(s), provided the required number of signatures indicated above is satisfied. The undersigned personally and as, or on behalf of, the account owner(s) agree to the terms of, and acknowledge receipt of copy(ies) of, this document and the following: Terms & Conditions X Truth in Savings X Funds Availability Electronic Fund Transfers K Privacy ❑ Substitute Checks ❑ Common Features 9 L)=sjt Rate Disclosure ❑ Authorized Signer (See Owner/Signer Information for Authorized Signer designation(s).) The Internal Revenue Service does not require your consent to any provision of this document other than the certifications required to avoid backup withholding. Signature Card -CA Bankers Systems TM VMPOO MPMP-LAZ-CA 7/1/2016 Wolters Kluwer Financial Services ©2015 Page 1 of 2 CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: 6FF [ _ herein after called ASSIGNOR whose principal place of business is do (does) hereby assign, and set over to the City of San ui Obispo, all�,ill,itle, an�intee�stof whatever nature, of assignor, in and to the insured account of assignor in e� nanc�i n�A evidenced by a Certificate of Deposit in the amount of Go numbered3L00$ which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal �f, T Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at an time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for GST I� D -, 6Z,-?7WAJ OF !: 7zze6 at including interest and penalties, and to insure compliance with the applicable. part o parts of the San Luis Obispo Municipal Code. ,kssignor hereby notifies the above -named financial institution of this assignment. DATE : 2, ignature gnature Zae nn am a ri rned NaTnei RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet_ We certify that this account is fully insured by the Federal D,e-i6 a (•fi Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obliga lontlont of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: i 1 W Wo 1c arneOlOai nstitu on �ee tl.[.i, { i -� 1 i� L.I/ty V �3 j I ZipD CA -! 346 ature nn a e i e ❑ . Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The Financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED:__ DITY OF SAN LUIS OP1 PO 3y: 0=nMdW-1?6VAkrPm=t Dept FLSC-Sisamgre original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 gx--Ao - 49 6o - 201 g e-D-o060 57 f Y Department of Community Development {; . 919 Palm a Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ d 00, 00 to guarantee: :' r l-1 � IJa �% •�,� �s�Cl C r`v� D S'/ill./ L' T����.5, AI•Y L m G z-A -uj i s A D 4 A A//J -SASS „ d 7 at the property commonly known as67/CAur&A within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. 003-6g1-oo f t-6fi - 7 AP N o0 S--61-{/- O /l, Lot q -t- i o Signed it-- 1.2.q Block . -I -, 3 Print 1rt7 Address CA, Phone �— C� L s 9 C)dc 1ZA4 of Upp hwti►-,. G,,►-�,i �h�-��h Tract & H j ht-+k C; t y of L 3-40 vy'i'-f01 Date �l � CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT t IIff jj SECU� ITY FOR: kt 1 _ lrt.t i erein after called ASSIGNOR whose principal place of business is 6GO 6ckLhor do (does) hereby assign, and set over to the City of San Luis Obispo, all 'ght, title, and inters t o whatever nature, of assignor, in and to the insured account of assignor in the 4 �� evidenced b a Certificate of Deposit in the amount of (Name y P Ov numbered which is delivered to the City of San Luis ❑bispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This as*ianment is given as security for liability for ; y at 4� r9 including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED: 'ign�a riia . ,,Igni srre Lin nnvw I n e alrne +I e RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by tine above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal 52 "r Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or o)ligatlon of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. VM—STNO10� ,� sD SL^ - ame p Ina 8 q Killion 1Qn �`fC 1Ql �/�/{ Y p Ign cure rin ARIA n e STAFF QNL- Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt: is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named In the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED:.J.2 -.- • 19 CITY OF SAN LUIS OBISPO By: - a axa vpumt L]cpl Fiscal owlecr . sipmuce Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 Authorization For Information In Connection With A Business Account Application Banker Name: [BRITTANY B. BRUCE Banker Phone: 1805/541-0143 Branch Number: 1'04544 Officer/Portfolio Number: IB2418 BankerALI: 0000901 Date: 111/07/2018 Banker MAC: �E2321-011 Business Account A plicant Business Name: [CAROL L. HILLYGUS IRVING RENOVATION Enterprise Customer Number (ECN); Individual 1 Information Customer Name; CAROL L HILLYGUS IRVING Enterprise Customer Number (ECN): Position/Title: Date of Birth: L_ ---- J02/02/1963 Taxpayer Identification Number (TIN); TIN Type: 1. . ISSN Primary ID Type: Primary ID Description: [DLIC PrimaryiD St/Ctry/Prov: Primary ID Issue Date: CA --_.- �_L05/08/2018 Secondary ID Type: Secondary ID Description: OTHR DC Secondary ID State/Country: Secondary ID Issue Date: L - I - -- Phone Number: [805/550-8884 Residence Address: 850 BUCHON ST Line 2: Line 3: City: State: SAN LUIS OBISPO ICA ZIP/Postal Code; Country: 93401-4004 JUS Primary ID Expiration Date: Directional Address: 0 2 / 0 2 / 2 0 2 2 1 (Document when no physical residence, business or alternate street address.) Secondary ID Expiration Date: 103/31/2022 Signature Capture - Owners/Key Individuals By signing this form, I authorize Wells Fargo Bank, N.A. ("the Bank") to obtain verifications and reports from time to time, such as credit bureau reports and account status reports on me as an individual, in connection with the business account application for the above -named business and any other account applications by this business. I understand the Bank requests this information for legitimate business reasons including reducing fraudulent accounts and preventing access to financial information and accounts by unauthorized persons. Should the information obtained from any such report cause the Bank to deny the account application for the business, I also authorize the Bank to communicate, either explicitly or implicitly, to any co -applicant and to any co-owner, director, officer, or employee of the business that the denial was based in whole or in part on such information. I also authorize the Bank to use such information and to share it with its affiliates in order to determine whether the business is qualified for other products and services offered by the Bank and its affiliates. BBG18141 (8-17 SVP) O 2016 Wells Fargo Bank, N.A. All rights reserved. Pagel of 2 0 • s Owner/Key Individual 1 Name (CAROL 1, HILLYGUS IRVING OwnerlKey Individual I Signature , o BBG18141 (6.17 SVP) © 2016 Wells Fargo Bank, N.A. All rights reserved. Authorization for Information in Connection with a Business Account Application Positionlfitle: i Submit manually Date: Signature not required l 11 / 0 7 / 2 018 Page 2 of 2 TD-7 "C)61m -166 3- Zo17J ► C �-O octio �� Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ ►0,00 to guarantee: L- iIlVb A &-S ZV2f 710rU 4e ■ /V 10 d - S7`rrLr,S . P(�IL f34 Nb,0,Aji31i O er G�T.G.��S .,, DL DC130P-1s P 09 r Cd�u rx z_ n& &111 kj Z 0M UM W T �1�'` s-1T� �T 7�,j t� eAt a� 0/ k) 14 ties �"® Tits-� 5' �► Tis�-Tio.1� ® Tim &il.�elr�ic��Zr at the property commonly known as%d, 79 C' DILL within ��_ days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN J -91 - 0�2 0 q-qz/ - a i 7 rJvy. qy�eol � Signed Lot r , i 3 Block Print Address Z-9sV� CAfAQsAs Kmn -41/�- �A fA ► iK, eA z Phone ?/Y • 6 } �60 Tract Date %Z 6 • /7 CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SEC RITY C)R:'��- �� herein after called ASSIGNOR whose principal place of business is jj do (does) hereby assign, and set over to the City of San L is Obispo, all ri t, title, and interest pf whatever nature, of assignor, in and to the insured account of assignor in � •he ems. P ncia insii u to [� /) ,[[` evidenced by a Certificate of Deposit in the amount of numbered which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal _ia5�7� Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and With the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for —�— ,e,4�j09,U 1-9 0 A_2 including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. DATED: Assignor hereby notifieVh7 above -named financial institution of this assignment. ti7A [i ame it e RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal[} S f+— Insurance Corporatian and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: _... _ui afF ancraT IMfiftfliDn '3—'S`i jnaiiue --• -- 0) f 1) ti ILLLvvVL(t /j S+e �'4-V ( tL.11 r1 ie� tr reu tly P C (x,ti Id t l �O Iril�, �i LAP PAS M r n ea EjMe fl a Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: CITYOFkN LUIS OBI O By: 11-- i emtaaalty Ueveopmakt Vcpr. Final p "t-8 gnalura Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 Certificate of Deposit Receipt This receipt is issued to: SCRAP XV LLC ASSIGNED TO CITY OF SAN LUIS OBISPO 23945 CALABASAS RD STE 116 CALABASAS, CA 91302-1520 PACIFIC PREMIER BANK: 4667 MacArthur Boulevard, Suite 100 Newport Beach, CA 92660 Account Number: IRA Number: Amount $ 5,000.00 Date Opened 11 /21 /2017 Term 12 Months Maturity Date 11 /21 /2018 Interest Rate .100 % Annual Percentage Yield .10 % The account evidenced by this receipt is subject to and further explained in the terms and conditions contained in the account agreement and account disclosures. The account is Not Negotiable and Not Transferable. Only the items checked apply. ® Fixed Interest Rate ❑ Variable Interest Rate ❑ Additions Permitted ® Automatically Renewable ❑ Single Maturity (not automatically renewable) ❑ Callable ❑ Notice Account Interest will be: ❑ mailed to the owner(s). ® added to principal (compounded). ❑ paid to PACIFIC PREMIER It A N K 01 LENDER MEMBER FDIC THIS IS YOUR RECEIPT WHEN MAKING A DEPOSIT AT A TELLERS WINDOW, ALWAYS MAIN AN OFFICIAL RECEIPT. LMkY7 and other items are reo"for rONSR subject to Ihb prOV"s of the Uniform Commercial Cade or any other applicable Collection agreement account No. DEPOSITS MAY NOT BE AVAILABLE FOR IMMEDIATE WITHDRAWAL TRANSACTION NUMBER AND AMOUNT OF DEPOSIT ARE SHOWN ABOVE. Certificate of Deposit Receipt BankersSystemsTM CDREC-BK-LAZ 3111/2006 Wolters Kluwer Financial Services © 1994, 2008 Page 1 of 1 city of san tins oBispo GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or)[ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ _ to guarantee: ,J_/j D C, 1-6611' L Ci�i��ti•9�S Q at the property commonly known as C, within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN 22 - 1.5 Lot Block Tract Signed �f QQ Date Print AddressO Phone Ila- 78-90 Date Tax Opened: 05/20/2010 Term: 12 Months ID: Number: CERTIFICATE OF DEPOSIT COPY AND CERTIFICATE OF DEPOSIT SIGNATURE CARD Account Number: Dollar Amount of Deposit: Five Thousand Dollars And No Cents $Five Thousand Dollars And No Cj 0 D� • e'fl This Time Deposit is Issued to: Issuer: HOUSING AUTHORITY OF THE CITY OF SAN LUIS OBISPO PLEDGED TO CITY OF SLO 487 LEFF STREET SAN LUIS OBISPO, CA 93401 Not Negotiable - Not Transferable - Additional terms are below. MISSION COMMUNITY BANK _.1 P.O. BOX 789 J1 SAN LUIS OBISPO, CA 93406-9806 B Y Additional Terms and Disclosures This form contains the terms For your time deposit. Itis also the Minimum Balance Requirement: You must make a minimum deposit to Trutli-in-Savings disclosure for those depositors entitled to one. There are additional terms and disclosures on page two of this form, some of open this account of $ 1,000.00 which explain or expand on those below. You should keep one copy of ®you must maintain this minimum balance an a daily this form. Y basis to earn the Maturity Date: This account matures 05/20/201 1 annual percentage yield disclosed. (See below for renewal information.) Withdrawals of Interest: Interest ❑ accrued N credited during a Rate Information: The interest rate for this account is .95% term can be withdrawn: N/A with an annual percentage yield of .95 %. This rate will be paid until the maturity date specified above. Interest begins to accrue on Early Withdrawal Penalty: If we consent to a request for a withdrawal the business day you deposit any noncash item (for example, a check). that is otherwise not permitted you may have to pay a penalty. The Interest will be compounded At Maturity penalty will be an amount equal to: THIRTY (30) DAYS Interest will be credited At Maturity interest on the amount withdrawn. N The annual percentage yield assumes that interest remains on deposit Renewal Policy: until maturity. A withdrawal of interest will reduce earnings. ❑ Single Maturity: If checked, this account will not automatically N If you close your account before interest is credited, you will not renew. Interest ❑ will ❑ will not accrue after maturity. receive the accrued interest. N Automatic Renewal: If checked, this account will automatically The NUMBER OF ENDORSEMENTS needed for withdrawal or any renew on the maturity date. other purpose is: ONE Interest ❑ will N will not accrue after final maturity. ACCOUNT OWNERSHIP: You have requested BACKUP WITHHOLDING CERTIFICATIONS and intend the type of account marked below. TIN: N Taxpayer I.D. Number - The Taxpayer ❑ Exempt Recipients - I am an exempt Identification Number shown above (TIN) is recipient under the Internal Revenue Service my correct taxpayer identification number. Regulations. N Backup Withholding - I am not subject SIGNATURE - I certify under penalties of to backup withholding either because I have perjury the statements checked in this not been notified that I am subject to backup section and that I am it U.S. person withholding as a result of a failure to report (including a U.S. resident alien all interest or dividends, or the Internal <-- Revenue Service has notified me that Ia in no X El Totten Trust or El Pon Death longer subject to backup withholding. ay DATE Designation as defined in this agreement (Beneficiaries' names and addresses) PLEDGED TO CITY OF SLO, FOR COMPLETION OF GRADING, REMOVAL OF STOCKPILE, EROSION & DUST CONTROL. ❑ Individual ❑ Joint Account ❑ Joint - Husband and Wife (with right orsurvrvorship) ❑ Community Property - Husband and Wife ❑ Tenancy in Common ❑ Trust: Separate Agreement Dated N POLITICAL SUBDIVISIONS ONLY TO BE CLOSED WHEN LETTER OF COMPLETION HAS BEEN RECEIVED AND CD HAS MATURED TO AVOID PENALTY. SIGNATURES: I AGREE TO THE TERAZ-.C'''''TED ON PAGE ONE AND PAGE TWO. 9 1� fE<p��&—r�® ©1993 Bankers Systems, Inc., St. Cloud, MN Form CD-AA-LAZ-CA (2) 6/11/2005 READ PAGE TWO FOR ADDITIONAL TERMS (page 1 of 2) DEFINITIONS: "We," "our," and "us" mean the issuer of this account and "you" and "your" mean the depositor(s). "Account" means the original certificate of deposit as well as the deposit it evidences. TRANSFER: "Transfer" means any change in ownership, withdrawal rights, or survivorship rights, including (but not limited to) any pledge or assignment of this account as collateral. You cannot transfer this account without our written consent. PRIMARY AGREEMENT: You agree to keep your funds with us in this account until the maturity date. (An automatically renewable account matures at regular intervals.) You may not transfer this account without first obtaining our written consent. You must present this certificate when you request a withdrawal or a transfer. This account is void if the deposit is made by any method requiring collection (such as a check) and the deposit is not immediately collected in full. If the deposit is made or payable in a foreign currency, the amount of the deposit will be adjusted to reflect final exchange into U. S. dollars. We may change any term of this agreement. Rules governing changes in interest rates have been provided. For other changes we will give you reasonable notice in writing or by any other method permitted by law. If any notice is necessary, you all agree that the notice will be sufficient if we mail it to the address listed on page one of this form. You must notify us of any change. WITHDRAWALS AND TRANSFERS: Only those of you who sign the permanent signature card may withdraw funds from this account. (In appropriate cases, a court appointed representative, a beneficiary of a trust or pay -on -death account whose right of withdrawal has matured, or a newly appointed and authorized representative of a legal entity may also withdraw from this account.) The specific number of you who must agree to any withdrawal is written on page one in the section bearing the title NUMBER OF ENDORSEMENTS. This means, for example, that if two of you sign the signature card but only one endorsement is necessary for withdrawal then either of you may request withdrawal of the entire account at any time. Unless otherwise specified in writing, only one endorsement is required to withdraw funds from this account. These same rules apply to define the names and the number of you who can request our consent to a transfer. PLEDGES: Any pledge of this account (to which we have agreed), must first be satisfied before the rights of any joint account survivor, pay -on -death beneficiary or trust account beneficiary become effective. For example, if one joint tenant pledges the account for payment of a debt and then dies, the surviving joint tenant's rights in this account are subject first to the payment of the debt. OWNERSHIP OF ACCOUNT AND BENEFICIARY DESIGNATION: You intend these rules to apply to this account depending on the form of ownership and beneficiary designation, if any, specified on page 1. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds. Individual Account - This account is issued to one person who does not intend (merely by opening this account) to create any survivorship rights in any other person. Joint Account - This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Joint Account - of Husband and Wife With Right of Survivorship - This account is owned by the named parties, who are husband and wife, and is presumed to be their community property. Upon the death of either of them, ownership passes to the survivor. Community Property Account of Husband and Wife - This account is the community property of the named parties who are husband and wife. The ownership during lifetime and after the death of a spouse is determined by the law applicable to community property generally and may be affected by a will. Tenancy in Common Account -T his account is owned by the named parties as tenants in common. Upon the death of any party, the ownership interest of that party passes to the named pay -on -death payee(s) of that party, or, if none, to the estate of that party. P.O.D. Account with Single Party - This account is owned by the named party. Upon the death of that party, ownership passes to the named pay -on -death payee(s). P.O.D. Account With Multiple Parties - This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Upon the death of all of them, ownership passes to the named pay -on -death payee(s). Whether the P.O.D. Account is with single party or multiple parties, if ownership passes to more than one beneficiary, any such beneficiary may withdraw all or any part of the account balance. Totten Trust Account - (subject to this form) - If two or more of you create this account, you own the account jointly with survivorship. Beneficiaries acquire the right to withdraw only if (1) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. Any such beneficiary may withdraw all or any part of the account balance. The person(s) creating either of these account types reserves the right to: (1) change beneficiaries; (2) change account types; and (3) withdraw all or part of the deposit at any time. Trust Account Subject to Separate Agreement - We will abide by the terms of any separate agreement which clearly pertains to this account and which you file with us. Any additional consistent terms stated on this form will also apply. SET-OFF: You each agree that we may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt owed to us now or in the future, by any of you having the right of withdrawal, to the extent of such person's or legal entity's right to withdraw. The amount of the set-off may be further limited by applicable law. If the debt arises from a note, "any due and payable debt" includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note. This right of set-off does not apply to this account if: (a) it is an Individual Retirement Account or other tax -deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan, or (c) the debtor's right of withdrawal arises only in a representative capacity. You agree to hold us harmless from any claim arising as a result of our exercise of our right of set-off. BALANCE COMPUTATION METHOD: We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. TRANSACTION LIMITATIONS: You cannot make additional deposits to this account during a term (other than credited interest). You cannot withdraw principal from this account without our consent except on or after maturity. (For accounts that automatically renew, there is agr ace period after each renewal date during which withdrawals are permitted without penalty.) In certain circumstances, such as the death or incompetence of an account owner, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax -deferred savings plan. FOR ACCOUNTS THAT AUTOMATICALLY RENEW: Each renewal term will be THE SAME , beginning on the maturity date (unless we notify you, in writing, before a maturity date, of a different term for renewal). You must notify us in writing before, or within a TEN (10) day grace period after, the maturity date ifyou do not want this account to automatically renew. Interest earned during one term that is not withdrawn during or immediately after that term is added to principal for the renewal term. The rate for each renewal term will be determined by us on or just before the renewal date. You may call us on or shortly before the maturity date and we can tell you what the interest rate will be for the next renewal term. On accounts with terms of longer than one month we will remind you in advance of the renewal and tell you when the rate will be known for the renewal period. See your plan disclosure if this account is part of an IRA or Keogh. Ekg— �t=bi ©1993 Bankers Systems, Inc., St Cloud, MN Form CDAA-LAZCA 6/11/2005 (page 2 of 2) CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: KR- 1— L-.. �-Z, herein after called ASSIGNOR whose principal place of business is S c.,, r ' L, do (does) hereby assign, and set over to the City of San Luis Obispo, all right, i le, and intere t f whate er nature, of assignor, in and to the insured account of assignor in the MISSION COMMUNITY BANK evidenced by a Certificate of Deposit in! �the mount of (Na me a Financial nsthrilon �✓_�_ which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal nFpr),sTT _ Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for: at M including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED: ORO — ao I c , /�_ t 57 C� \r �• o� �e RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: amo o rsa ns i son ri riled Nama alo RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: Lo) 0 CITY OF S LUIS By: Original;� dity of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 2-11-05 �lullllllll�ll�l��'ll�u�lllU `' �"0°00 � At C1tj/ Of Sd11 lU1S OB1Sp0 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or rQ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ `) v V to guarantee: 24 a),#122L� L 62 `s L L"o2116/4 Afc &2171Y AU, S ZA- at the property commonly known as ��� ���d �i/STD P� within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the C"y has to proceerd with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN Z-DZZ Lot Signed Print Address Phone Block Date �6 EJS— %6 — 2?ls 1 l Tract 78.90 PACIFIC WESTERN BANK CERTIFICATE OF DEPOSIT (COD) CONFIRMATION The account confirmed by this receipt is subject to and further explained in the terms and conditions contained in the "Deposit Account Agreement and Disclosure" provided to you. The account is not negotiable and not transferable. Customer information' Account Name: AUZCO DEVELOPMENT LLC PLEDGED TO THE CITY OF SAN LUIS OBISPO Address: 835 AEROVISTA PL STE 230 City, State, and Zip Code: SAN LUIS OBISPO CA 93401 Certificate Number: Held for Collateral if Box is Checked: ❑ Loan Number: Opening Amount: $ 5,000.00 Term: 12 MONTHS Interest Rate: 0.15 % Account Information Opening Date: 09-15-2015 Maturity Date:09-15-2016 Automatic® Renewal Rate Information ' `� r, Annual Percentage Yield (APY) Single ❑ Maturity 0.15 % You will be paid this rate until the maturity date of the certificate. The Annual Percentage Yield assumes that interest will remain on deposit until maturity. A withdrawal of interest will reduce earnings. _Cornpouridng and Creditng'of interest The crediting of interest earned to the principal amount is defined as "compounding of interest." COD with terms one (1) year or less: Interested is compounded at maturity, unless interest is paid to another Pacific Western Bank account, paid by check, or issued as an Electronic Funds Transfer at the frequency indicated below, Interest Payment Frequency: ❑ Monthly ❑ Quarterly ® At Maturity To: Checking Account #: To: Savings Account #: Issue Interest Check: ❑ Issue Electronic Funds Transfer as noted on Authorization: ❑ COD with terms greater than one (1) year: Interest is compounded quarterly and at maturity, unless interest is paid to another Pacific Western Bank account, paid by check, or issued as an Electronic Funds Transfer at the frequency indicated below. Interest Payment Frequency: ❑ Monthly ❑ Quarterly To: Checking Account #: To: Savings Account* Issue Interest Check: ❑ Issue Electronic Funds Transfer as noted on Authorization: ❑ Prepared By: CHRIS WOLCOTT Approved By: COD TERM PENALTY 7 Days through 29 Days Equals the total interest that could have been earned for the established term _ 30 Days through 179 Days 30 Days of Interest 180 Days through 364 Days 90 Days of Interest 365 Days through 18 Months 120 Days of Interest 24 Months and Greater 180 Days of Interest Disclosure I afAccount Terms MINIMUM BALANCE REQUIREMENTS: A minimum deposit of $2,500.00 is required to open your COD account. In accounts with an opening deposit between $2,500.00 and $99,999.99, a minimum daily balance of $2,500.00 is required to obtain the APY listed above. In accounts with an opening deposit of $100,000.00 or higher, a minimum daily balance of $100,000.00 is required to obtain the APY listed above. BALANCE COMPUTATION METHOD: The daily balance method is used to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. ACCRUAL OF INTEREST: Interest begins to accrue no later than the business day we receive credit for your deposit of non -cash items (checks). TRANSACTION LIMITATIONS: After the account is opened, you may not make deposits into or withdrawals from the account until the maturity date. EARLY WITHDRAWAL PENALTY: We will impose a penalty if you withdraw any or all of the deposited funds/principal before the maturity date. This could result in a reduction of principal. In certain circumstances, such as the death or incompetence of an account owner, the law permits or, in some cases, requires the waiver of the early withdrawal penalty. RENEWAL POLICY: This account will automatically renew at maturity. Each renewal term will be the same (unless we notify you in writing before the maturity date of a different term for renewal). For accounts with terms of thirty (30) days or longer, you will have seven (7) calendar days after the maturity date to withdraw funds without penalty. For accounts with terms less than thirty (30) days, there is no grace period following the maturity of the account to withdraw funds without penalty. If the account is not renewed, interest will not be earned after the maturity date. If this account has a single maturity date, it will not renew automatically and interest will not continue to accrue after maturity. If you do not renew or close your COD account within 30 days of the maturity date, your funds will be placed in an interest bearing Savings account at the prevailing rate. The COD rate of interest will not continue after the maturity date. THANK YOU FOR BANKING AT PACIFIC WESTERN BANK. RECEIVED CITY OF SAN LUIS OBISPO SEP 16 2015 MEMBER FDIC PAGE 2 COMMU►`IITYDEVELOPMENT ■-r i�Y M[a l[i A oir 1171d CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: L . herein after called ASSIGNOR whose principal place of business is .- - . axrn _ 611) do (does) hereby assign, and set over to the City of San UnUC1,11 bispo, all right, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in { �pnyevidenced by a Certificate of Deposit in the amount of (Hme 4-3fnxPMLDn� $ numbered C- is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal T2 1 L Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This a ignment is given as security for liability for J ]�.cG&— 0 f- f ��r I��l`� C*- i: L_ 1-1 ! 1 l) -k�- L <- �7 at r f;"- ZaC-4, including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. .. ffa.'0 Ito - 8lgnature Pnnte'a Name�tfe RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown b the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal � a Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of .the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: ar fr a�Fl�r�JSig 16U1 ty��1� S l .5" 673 -A -�� Cif- zip 1_.i_rfi�r�'`c:,�•�u° ❑ r'A" FPON Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: 9-16 '/ 6- CITY OF SAN LUIS BISPO By: �� L. USr t:nrnmunir�bavc o�mcat 7cpl. iacn l F,rer-.J{u+,+h+rr Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with 0 Promissory Note, 0 Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate f Deposit, the sum of $ . M.0 to guarantee: at the property commonly known asJ�IZT' within I OC)� days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. I)Oz-41U-03/ APN o(v--4-i6-03q Lot Block Tract Signed Qb� a C)1A. � M1 Cow Date I I ��8 I d,o Print I N A Olaf G UNO U N 0 Address I�� S L, 0 L LC, '-Jo Ga Phone C /3ld) CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT p _ ASSIGNMENT SECURITY FOR: _J' /� �i- M1% s� herein after called ASSIGNOR whose principal place of business is do (does) hereby assign, and set over to the City. of San Luis Obispo II right, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in the .��•,; rt 4' J _ evidenced by a Certificate of Deposit in the amount of (Name" Iar n $� i } C� .'(�• C`.7'� _ numbered 1 ` is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal ,- o c'��..;'i Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, col ect and withdraw the full amount of such account at any t€me WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for _ T _ at including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED: N ODUYwn °Z e, " 1 G Oi U11 a 6 ►1 U YIA at I PIMUM �r INA ONG UNOfibNO CtNTRoLLkry nnie am a RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and. have retained a copy of this sheet. We certify that this account is fully Insured by the �i 1—Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, Federal rL�F'•t �c claim, or obligation of the above-€dentif€ed account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in 'accordance with the laws applicable to this financial instituVon. �Uryy rPP s _,-.nrftau Namci Letter pie¢ging an..open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified In the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: � \ - M -1,12 v Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 Certificate of Deposit Date Tax Opened: 11/23/2016 Term: 365 Days €D: Dollar Amount o Deposit: f EN THOUSAND DOLLARS AND NO CENTS Number: $ 10000.00 This Time Deposit is Issued to: Issuer: Avidbank 400 Emerson Street HOTEL SLO LLC Palo Alto, Ca 94301 PAYABLE TO THE CITY OF SAN LUIS OBISPO 580 SECOND STREET SUITE 260 OAKLAND, CA 94607 Not Negotiable - Not Transferable - Additional terms are below. This form contains the terms for your time deposit. It is also the Truth -in -Savings disclosure for those depositors entitled to one. There are additional terms and disclosures on page two of this form, some of which explain or expand on those below. You should keep one copy of this form. Minimum Balance Requirement. You must make a minimum deposit to open this account of $ 5000.00 ❑ You must maintain this minimum balance on a daily basis to earn the annual percentage yield disclosed. Maturity Date. This account matures 11/23/2017 _ Withdrawals of Interest. Interest ❑ accrued PC credited during (See below for renewal information.) a term can be withdrawn: Rate Information. The interest rate for this account is .2700 % with an annual percentage yield of _ .27%, This rate will be Early Withdrawal Penalty. If we consent to a request for a withdrawal paid until the maturity date specified above. Interest begins to accrue on that is otherwise not permitted you may have to pay a penalty. The the business day you deposit any noncash item (for example, a check). penalty will be an amount equal to: 30 days at current Interest will be compounded daily interest rate Interest will be credited every 31 days interest on the amount withdrawn. and capitalized Renewal Policy OC The annual percentage yield assumes that interest remains on deposit ❑ Single Maturity. If checked, this account will not automatically until maturity. A withdrawal of interest will reduce earnings. renew. Interest ❑ will ❑ will not accrue after maturity. ❑ If you close your account before interest is credited, you will not $I Automatic Renewal. If checked, this account will automatically receive the accrued interest. renew on the maturity date. The Number of Endorsements needed for withdrawal or any other Interest 00 will ❑ will not accrue after final maturity. purpose is: 001 Account Ownership. You have requested and intend the type of account marked below. I I TIN: ❑ Individual Social Security or Employer's I.D. Number. A correct ❑ Joint Account taxpayer identification number is required for almost every ❑ Joint - Husband and Wife (with right of survivorship) type of account. A certification of this number is also required ❑ Community Property - Husband and Wife and is contained on the first copy of this certificate. ❑ Tenancy in Common Backup Withholding. A certification that you are not subject ❑ Trust: Separate Agreement Dated to backup withholding is necessary for almost all accounts pc LIMITED LIABLILITY COMP (except for persons who are exempt altogether) - and a certification that the FATCA code (if any) is correct. These certifications are contained on the first copy of this form. Failure to provide these certifications when required will ❑ Totten Trust or ❑ Pay on Death Designation as defined in this agreement cause us to withhold a percentage of the interest earned (for (Beneficiaries' names and addresses) payments to the IRS). Providing a false certification can result in serious federal penalties. Endorsements. Sign Only When You Request Withdrawal X X X Cortlficare of baposltlAccount Agreement -CA Read Page Two for Additional Terms Hankers Systems-rm VfAP® CD-AA-LAZ-CA 3/15/2015 Waiters Kluwer Financial Services © 2015 Page 1 of 2 Definitions. "We," "our," and "us" mean the issuer of this account and "you" and "your" mean the depositor(s). "Account" means the original certificate of deposit as well as the deposit it evidences. Transfer. "Transfer" means any change in ownership, withdrawal rights, or survivorship rights, including (but not limited to) any pledge or assignment of this account as collateral. You cannot transfer this account without our written consent. Primary Agreement. You agree to keep your funds with us in this account until the maturity date. (An automatically renewable account matures at regular intervals.) You may not transfer this account without first obtaining our written consent. You must present this certificate when you request a withdrawal or a transfer. This account is void if the deposit is made by any method requiring collection (such as a check) and the deposit is not immediately collected in full. If the deposit is made or payable in a foreign currency, the amount of the deposit will be adjusted to reflect final exchange into U.S. dollars. We may change any term of this agreement. Rules governing changes in interest rates have been provided. For other changes we will give you reasonable notice in writing or by any other method permitted by law. If any notice is necessary, you all agree that the notice will be sufficient if we mail it to the address listed on page one of this form. You must notify us of any change. Withdrawals and Transfers. Only those of you who sign the permanent signature card may withdraw funds from this account. (In appropriate cases, a court appointed representative, a beneficiary of a trust or pay -on -death account whose right of withdrawal has matured, or a newly appointed and authorized representative of a legal entity may also withdraw from this account.) The specific number of you who must agree to any withdrawal is written on page one in the section bearing the title Number of Endorsements. This means, for example, that if two of you sign the signature card but only one endorsement is necessary for withdrawal then either of you may request withdrawal of the entire account at any time. Unless otherwise specified in writing, only one endorsement is required to withdraw funds from this account. These same rules apply to define the names and the number of you who can request our consent to a transfer. Pledges. Any pledge of this account (to which we have agreed), must first be satisfied before the rights of any joint account survivor, pay -on -death beneficiary or trust account beneficiary become effective. For example, if one joint tenant pledges the account for payment of a debt and then dies, the surviving joint tenant's rights in this account are subject first to the payment of the debt. Ownership of Account and Beneficiary Designation. You intend these rules to apply to this account depending on the form of ownership and beneficiary designation, if any, specified on page 1. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds. Individual Account. This account is issued to one person who does not intend (merely by opening this account) to create any survivorship rights in any other person. Joint Account. This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Joint Account - of Husband and Wife With Right of Survivorship. This account is owned by the named parties, who are husband and wife, and is presumed to be their community property. Upon the death of either of them, ownership passes to the survivor. Community Property Account of Husband and Wife. This account is P.O.D. Account With Multiple Parties. This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Upon the death of all of them, ownership passes to the named pay -on -death payee(s). Whether the P.O.D. Account is with single party or multiple parties, if ownership passes to more than one beneficiary, any such beneficiary may withdraw all or any part of the account balance. Totten Trust Account. (subject to this form) - If two or more of you create this account, you own the account jointly with survivorship. Beneficiaries acquire the right to withdraw only if (1) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. Any such beneficiary may withdraw all or any part of the account balance. The person(s) creating either of these account types reserves the right to: (1) change beneficiaries; (2) change account types; and (3) withdraw all or part of the deposit at any time. Trust Account Subject to Separate Agreement. We will abide by the terms of any separate agreement which clearly pertains to this account and which you file with us. Any additional consistent terms stated on this form will also apply. Set -Off. You each agree that we may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt owed to us now or in the future, by any of you having the right of withdrawal, to the extent of such person's or legal entity's right to withdraw. The amount of the set-off may be further limited by applicable law. If the debt arises from a note, "any due and payable debt" includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note. This right of set-off does not apply to this account if: (a) it is an Individual Retirement Account or other tax -deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan, or (c) the debtor's right of withdrawal arises only in a representative capacity. You agree to hold us harmless from any claim arising as a result of our exercise of our right of set-off. Balance Computation Method. We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. Transaction Limitations. You cannot make additional deposits to this account during a term (other than credited interest). You cannot withdraw principal from this account without our consent except on or after maturity. (For accounts that automatically renew, there is a grace period after each renewal date during which withdrawals are permitted without penalty.) In certain circumstances, such as the death or incompetence of an account owner, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax -deferred savings plan. For Accounts that Automatically Renew. Each renewal term will be 365 Days , beginning on the maturity date (unless we notify you, in writing, before a maturity date, of a different term for renewal). You must notify us in writing before, or within a 10 day grace period after, the maturity date if you do not want this account to automatically renew. Interest earned during one term that is not withdrawn during or immediately after that term is added to principal for the renewal term. the community property of the named parties who are husband and wife. The ownership during lifetime and after the death of a spouse is The rate for each renewal term will be determined by us on or just before determined by the law applicable to community property generally and the renewal date. You may call us on or shortly before the maturity date and we can tell you what the interest rate will be for the next renewal may be affected by a will. term. On accounts with terms of longer than one month we will remind Tenancy in Common Account. This account is owned by the named you in advance of the renewal and tell you when the rate will be known parties as tenants in common. Upon the death of any party, the ownership for the renewal period. interest of that party passes to the named pay -on -death payee(s) of that party, or, if none, to the estate of that party. See your plan disclosure if this account is part of an IRA or Keogh. P.O.D. Account with Single Party. This account is owned by the named party. Upon the death of that party, ownership passes to the named pay -on -death payee(s). CBrtlllcato of Doposit/Acccuni Agreement -CA Bankers S1slomaTM VMP0 Wolton5 Kluwer Financial Sufvlces © 2015 CD-AA-LAZ-CA 311 5/2015 Page 2 of 2 "1tl1°u�n�n�INllll�'"�IIIIIII city of san tuts oBispo GUARANTEE TO THE CITY OF�Certificate SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ 11 �3 () 0. 00 ^ to guarantee: QprnP�6()n 1 dIJS , cX4-:P-r�iQn QF' hon c_3F c � cor-af v l= a0�1'0 T _ J^ at the property commonly known as �- 1- Sc�XJ GL. within .90 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN 053-501'0,�61-ot Print /J 0 W Addr ss_1 t Q 6 V I ne, S+- r P e CA Phone D5 C — 17 12 Block Tract .2193 Date vv 1V 78.90 � . ; ■ .,; city of San IUI S OBI SPO GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with p Promissory Note, ❑ Letter of Credit or [Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ d G 0 to guarantee: 00-I n h r) a ry- h o uses i n cn r r-,->r + r-n I n k- property commonly known as within at the days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN 0 j-3-50j -OW Lot Block Tract _"-2- 11 ' 3 sigi -d Date Z / - f Print S! Address Yid a. , CS� . o LJ cS CA j Phone Cyr-17 07-co 78.90 CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY F R: Je0-(-1(_j1 cjcLSIt.-`T _ herein after called ASSIGNOR whose principal place of business is � O' (t7 do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, and interest of whate r nature, of assignor, in and to the insured account of assignor in the _ 4,'V_ 9 ; CO- evidenced by a Certificate of Deposit in the amount of (Name o ini�ancial instdetfan which is delivered to the City of San Luis Obispo herewith. the insurance of the account by the Federal _ right to the City of San Luis Obispo to redeem, collect WITi--1DUT NOTICE STD ASSIGNOR. This, as numbered (_ '' - Assignor agrees that this assignment carries with it the right in Insurance Corporation, and includes and gives the and withdraw the full amount of such account at any time ;Ignment is ri given as security for liability for: A- j at LLnab&� _ including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor financial institution of this assignment. 7 - Zq — RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal _ Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. Street Uty Lip Pnnted Namelline RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assighment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED:. '7 CITY OF S N LUIS By: Original: Cityof SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 2-11-05 TIME DEPOSIT RECEIPT INFORMATION Client Name(s): JACK E HEASLET Date: 07/29/2010 Rate: .40 Annual Percentage Yield: .40 $ Amount: $3,000.00 Term: 9M Maturity Date: 04/29/2011 Account Number: 00612-09390 INTEREST PAYMENT INSTRUCTIONS Interest Pymt Option: None STND 1 2PFVIEW3EXIT 4 5 6 7 8 9CANCEL10PAUSE ? CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY,FOR•A Lt- T' herein after called ASSIGNOR whose principal place of business is Z LL do (does) hereby assign, and set over to the City of San Lui Obispo, all p^ title, and interest of whatever nature, of assignor, in and to the insured account of assignor in the V _Ck. evidenced by a Certificate of Deposit In the amount of erne of n lUUon $ �? ad . 00 -- -- numbered which is delivefed to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time ,WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability jor: oh7 o i'UUw �t-�-s LvdLL T o caiC c TIL { +-+ ti• [.4fW. API t , Inc uding ��++ Interest and penalties, and to insure compliance with the applicable part or parts of the -San Luis Obispo Municipal Code. Assignor hereby notifies the aba named financial Institution of this assignment. DATED: .% (07 / *Vat t /T4 C - A-f"L.5 (' E4- RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the° assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial Institution. DATED: _11/�-� PnnWNimolmcf RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit Identified in the above assighment. The financial institution n4imed in the above assignment Is hereby authorized and directed to pay any earnings on the above - identified account to f he above -named assignor. DATED: -7 -,2 q— /0 of SLO /Department y: Developer/Applicant copy. Mailed to Sank Revised 2-11-05 TIME DEPOSIT RECEIPT INFORMATION Client Name(s): JACK E HEASLET Date: 07/29/2010 Rate: .40 Annual $ Amount: $1,800.00 Term: 9M Percentage Yield: .40 Maturity Date: 04/29/2011 Account Number: INTEREST PAYMENT INSTRUCTIONS Interest Pymt Option: None STND 1 2PFVIEW3EXIT 4 5 6 7 8 9CANCEL10PAUSE Phone (805) 698-3111 Fax (805) 221-6108 Address: 793 A East Foothill Blvd #138 San Luis Obispo, CA 93405 Lic# 857936 Project: Jack Heaslet 921 Isabella San Luis Obispo, CA 93405 DATE July 28, 2010 Estimate # 1 Description I AMOUNT Complete Front Side of Heaslet Residnece located at 921 Isabella Way Lot #30 Labor for framing in front walls and finish stucco and set tiles * Note that tiles are purchased and in posession of the owner/Jack Heaslet. Finish all landscaping per plans. Furnish remaining plants ( client is providing landscaping by trade out with the Tree Man located in Templeton, CA) TOTAL I $1,650.00 If you have any questions concerning this quotation, contact Rylan, 805-698-3111, rylan@otis-construction.com THANK YOU FOR YOUR BUSINESS! 921 Isabella List of pending issues based on inspection conducted on July 29, 2010 by Project Planner Pam Ricci: 1. Needs concrete color in the driveway. a. Approved color: Omaha tan. 2. Base Stucco Color is incorrect (appears to be Navajo White) a. Approved color: Bone. 3. Palm trees not approved (especially at front entrance). 4. Missing entrance stair tread/riser tile detail. 5. Missing completed chimney and detail. 6. Missing upper deck tile detail. 7. Missing upper planter rail detail. 8. Missing courtyard walls. 9. Missing window grates. 10. Missing front awning. 11. Install approved lighting fixtures at front entrance door. 12. Street front landscaping to match neighboring properties per the approved landscaping plan. I►►IIIIIIIIIIIIIIIIIIIIIIII����� �EII�������I}! Cl of SMuls OBI S Slfif7,ls�`o `.�j i�+ F E 11iFr:,�:1•�>;1°emu Wig=E 1: Community Development Department • 919 Palm Street, San Luis Obispo, CA 93401 3218 December 17, 2012 Bank of America 921 Isabella San Luis Obispo, CA 93401 SUBJECT: Release of Certificate of Deposit # Jack Heaslet To Whom It May Concern: The City of San Luis Obispo's Community Development Department has authorized the release of the enclosed Certificate of Deposit in the amount of $9,000.00, which was to guarantee swail drainage system and a retaining wall at 921 Isabella Way. The work has been completed, to the satisfaction of the Building Division of the Community Development Department. If you have any questions, please call me at (805) 781-7171. Sincerely, .4 P - fi rantznity Development Department Enclosure: Certificate of Deposit OThe City of San Luis Obispo is committed to include the disabled in all of its services, programs and activities. Telecommunications Device for the Deaf (805) 781-7410. '""'"n11111111Allll"1IRYII city of san tins oBIspo GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or,b Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ to guarantee: property commonly known -as at the within �10 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City hag to proceed with theserimbrovements, 1 agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN Phone Lot Block Tract Date 1F TOTAL Tt:r, i [HECK CKF`_ .. 0.048845 REG 01 RYNN. flk: 7e-so CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: ' L 1 herein after called ASSIGNOR whose principal place of business is 4 ?CMG 4-1C IJ20-) > )(Agf'W (does) hereby assign, and set over to the City of San Luis ❑ ispo, all rigltt, ti e, and interest of whatever nature, of assignor, in and to the insured account of assignor in the w4tL_ .r', _ evidenced by a Certificate of Deposit in the amount of ma�yy,, ame a! Enancl nglEWtfon $ numbered 0cm( is deliverecf to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for: interest and penalties, and'to insure compliance with the applicable part or parts of the San Assignor hereby notifies the above -named financial institution of this assignment. "nted Nametme RECEIPT FOR NOTICE OF ASSIGNMENT including Obispo Municipal Code. Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: I (!, I5J} C> 1 I cj3V.m 1 1 b'S Uty 1 ` PR57Narnensua DR CERTIFICATE OF DEPOSIT FCTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assighment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: t CITY OF SAN UIS OBISP By: ammu y eVe ❑ n prM t2w Origina ity of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 2-11-05 STND 1 2PFVIEW3EXIT 4 5 6 7 8 9CANCEL10PAUSE December 17, 2012 TO: File FROM: Ryan Betz SUBJECT: Release of a Certificate of Deposit The City of San Luis Obispo's Community Development Department has authorized the release of the enclosed Certificate of Deposit in the amount of $9,000.00, which was to guarantee swail drainage system and a retaining wall at 921 Isabella Way. The work has been completed, to the satisfaction of the Building Division of the Community Development Department. Jack Heaslet or Representative Date �����!�iiii��IIIIIIIIIN" iNlllll city of san tins osispo GUARANTEE TO THE CITY OFSAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit orNlertificate of Deposit) I, the undersigned, hereby place on deposit with the City of San ffLuis ��Obispo, in the form of a promissory ui� note, Letter of Credit or Certificate of Deposit, the sum of $ Ct L. O or to guarantee: S X�- A- t»7 -T— P^ r-i-iAIli;► i &A1.1. A--r— 17?,i property commonly known as at the within/1 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN sig4i Print Add r Phone Lot U Z ( t r-ZAT2-e�� 0S0 - «-t7-,- Block Date b L o Tract 78.90 ;laiu5{. city of san lugs oBispo GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note I Letter of Credit o Certificate of Deposit] I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ 'It. guarantee: f 1 "\ c at the property commonly known as E'r e:�j EZU [�' within �rs -$arts from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. C u I /AQC t ER j APN MQ-�j,' 1 k)OS Lot Block Tract Signed �� ` �- Date Print Address l 1 O LA 1 S 5 1 o K3 Cat Phone deosi-4 i s 10caAecA \Y\ +�\-P- o ICe o�- -t Ke b er 1k. 76-90 LONE STAR ENGINEERING, INC. COMMUNICATIONS DIVISION LIc# A-B 469076 TOWERS ♦ MICROWAVE ♦ ELECTRONICS ♦ CIVIL Sprint PCS July 14, 2003 4683 Chabot Drive, Suite 100 Pleasanton, CA 94588 Attn: Kaini Butte Email: kbutte02@sprintspectrum.com Re: Sprint Site Anderson Hotel SN-86 Site restoration In accordance with your instructions Lone Star Engineering Inc. is pleased to provide you with a proposal and cost estimate to remove the Sprint site at the Anderson Hotel SN- 86D, 955 Monterey St., San Luis Obispo, CA and restore the site. This is based upon knowledge of the site and site visits and does not include plans or permits or assume that they would be required. Site restoration: ■ Mobilization, trucking and other fees includes move on and move off of all required equipment: 1,040.00 ■ Removal of equipment cabinet including unbolt, cut cabling and misc. attachments and conduits. Un-bolt and disconnect cabinet, panels and equipment and ready for removal to dump truck at a lower elevation. (Crane shown in separate line item) Equipment, tools and laborers: 2,700.00 • Demolition and removal of poles, coax and antennas. This includes to cut off and to cap all open conduits. Take down, palletize for lift and removal. Transport the resulting debris to dump trucks for hauling and disposal. 1,600.00 • Provide cutting equipment and welders as required to cut in to movable pieces and palletize the equipment platform in order to remove from roof and building including haul off for disposal. Restore location to usable area. 4,600.00 • Provide 150 — 175 ton crane with 2 man crew, rigging, fuel, pilot car including move on and off for one full day to lift all the demolished antennas, coax, wave guide bridge, cabinetry and platform materials off the rooftop to staging area for haul off and removal from site. This includes encroachment permit, barricades, flagging and safety equipment as required. 5,250.00 1210 Mission drive, suite g ♦ solvang♦ ca ♦93463 phone: (805) 688-6282♦ fax: (805) 688-2932 ♦ e-mail: lynn@lonestarengineering.com Page 2 — Anderson Hotel site restoration • Haul off of abandoned equipment, panels, conduit, antennas, poles, coax, concrete and debris resulting from this demolition and restoration.. Trucking and operators, Dump fees and labor for miscellaneous loading, unloading and clean up. 3,100.00 • Temporary equipment for the crew on site during this work. Temporary electric for hand tools and equipment. Temporary sanitary facilities. Water truck for concrete, fire safety and dust control. Safety meetings and miscellaneous clerical. 1,630.00 • Touch up paint and patching of the areas where items are removed. This is patching only to water seal or fire block and is not cosmetic restoration of entire building areas. 2,500.00 • Supervision, clerical, O.H. & P for the scope of work and includes reports, sub contractor documentation and job coordination required for this scope of work. 3,300.00 Total amount this proposal and estimate: $ 25,720.00 This includes all materials, equipment, tools, supplies and labor as required to complete the project as described. This assumes that the power and Telco service is disconnected and no other service is in effect at the site. This does not include disconnect of connectors, wiring, cabling or attachments for future use but assumes this is to be an abandoned site and discontinued equipment. This proposal including the exclusions and inclusions portions are to become part of any contract or purchase order issued in this regard and is included by this reference. Exclusions: This proposal does not include the costs for any work, services, plans, design, permits, consultants, fees or tests other than that described in the above scope of work. This scope specifies that it exclude any work that is hidden, unforeseen or not described above. All bills are due and payable upon presentation and past due if not paid within 30 days. All past due amounts may be subject to interest and fees in accordance with the laws of the State of California. The State of California laws include late fees and we will include billing for the reimbursement of any attorney fees, court costs or litigation fees should civil action become necessary. Page 3 — Anderson Hotel site restoration Lone Star Engineering Inc. is a California corporation and a California licensed and insured contractor and as such is subject to and will comply with the applicable rules, laws and regulations. Thank you for the opportunity to be of service in this matter. If you have any further questions do not hesitate to call. Submitted by: Lynn Borges, Contract Administrator MVU. LQ- LVV j I L•) I FIVI IYV. 1 1 7 1 Li L Sprint Sprint PCS 4083 Chbot Drivr Plemanwo, CA 94588 CAPIANA0101 \bicc 925 ti68 70) August 28, 2003 City of San Luis Obispo Attn: Diane Stuart, Management Assistant 990 Palm Street San Luis Obispo, CA 93401-3249 RE: ARC 112-02: 951 Monterey Street, Sprint Site No. SN45XC086(D) Dear Ms. Stuart, Please be advised that Rod Simmons of LoneStar Engineer, Inc., is authorized to represent and sign on behalf of Sprint PCS for the above referenced site for the financial security deposit to guarantee maintenance, repair and restoration of the telecommunications system components of the building during the Iife of the project and upon termination of the telecommunications facilities, per condition No. 2 of the ARC Approval # 112-02. Please feel free to contact me at (925) 468-7841 should you have any questions. George Ghantous Sprint PCS Site Development Director LONE STAR * ENGINEERING, ININfi, inc. COMMUNICATIONS DIVISION UC# w-e 469076 (CIVIL ♦ TOWERS ♦MICROWAVE ♦ ELECTRONICS To Whom It May Concern: March 2000 This letter is to confirm and authorize Lynn Borges, to sign as an agent of and in behalf of Lone Star Engineering Inc. in regard to Building permits, business licenses, inspections, purchases, reports or other documents required for the orderly conduct of this business. If you have any questions in this regard, please do not hesitate to contact this office. Your cooperation and consideration in this matter is greatly appreciated. Sincerely, Rod Simmons, President Lone Star Engineering Inc. 1210 MLS 0KDRnAUSUEMff 0 SOWARff ♦ CAL ♦ 93463-2970 PHONE: (905) 6$$-68$E ♦ FAX: (SM)-OM-8932 t E-H141L• lonestarengineering@worldnekatt.net 0 0 miiNlid city of sAn Luis oBispo 990 Palm Street, San Luis Obispo, CA 93401-3249 December 3, 2002 Sprint PCS 4683 Chabot Drive, Suite 100 Pleasanton, CA 94588 SUBJECT: ARC 112-02: 951 Monterey Street Final review of possible placement of wireless telecommunications antenna and support equipment on an existing building (Anderson Hotel) Dear Applicant: The Architectural Review Commission, at its meeting of December 2, 2003, granted final approval to your project, based on the following findings and subject to the following conditions: Findings 1. The project complies with the site development and performance standards of the City's wireless telecommunication facilities ordinance and architectural guidelines. 2. The proposed cellular facility can be considered camouflaged, as the antennas will be located within the walls of the building, the repair of which would be unnoticeable matching the existing wall finish and color exactly. 3. The project is conditionally compatible with the City's Historical Preservation Program guidelines and with the U.S. Secretary of the Interior's Standards for treatment of Historic properties provided the owner of the wireless telecommunication facility shall post financial security, to the approval of the Community Development Director and City Attorney, to guarantee repair and restoration of the building upon termination of the use of the telecommunication facilities. 4. The project is exempt from environmental review under Class 31, Historic Resource Restoration/Rehabilitation (CEQA Guidelines §15331). Conditions 1. Construction/installation shall be subject to review and approval of a building permit application prior to start of construction. Any change to approved design or other conditions of approval, including conditions associated with ARC 112-02, must be The City of San Luis Obispo Is committed to include the disabled in all of its services, lxograms and activities. V Telecommunications Device for the Deaf (806) 781.7410. 0 • ARC 112-02 Page 2 approved by the Director or Architectural Review Commission, as deemed appropriate. 2. Financial security shall be posted to the approval of the Community Development Director and City Attorney, to guarantee maintenance, repair and restoration of the telecommunication system components of the building during the life of the project and upon termination of the use of the telecommunication facilities. 3. The additions and modifications to the building as part of this wireless telecommunication facility, and visible from the public right-of-way shall precisely match existing/adjacent wall finish (texture and color). A site inspection by Planning staff prior to building permit final shall ensure compliance with this condition. Sprint PCS shall make changes until an exact match is achieved as determined by Planning staff. The decision of the Commission is final unless appealed to the City Council within 10 days of the action. While the City's water allocation regulations are in effect, the Architectural Review Commission's approval expires after three years if construction has not started, unless the Commission designated a different time period. On request, the Community Development Director may grant a single one-year extension. If you have questions, please contact Lynn Azevedo at 781-7166. Sincerely, Ronald Whise and Deputy Community Development Director Development Review cc: County of SLO Assessor's Office David Thornburgh Tacit Communications 510 Castillo Street Santa Barbara, CA 3101 955 Partnership c/o Bob Miller 6445 Via Venado San Luis Obispo, CA 93401 PlanningMY Of SAn WIS OBISPO Department Of COMMUnity Development Division August 28, 2003 TO: Lee Price, City Clerk FROM: Diane Stuart, Management Assist n SUBJECT: Guarantee to City of SLO — Anderson Hotel 955 Monterey Street On December 3, 2002, the Architectural Review Commission approved a request for placement of a wireless telecommunications antenna and support equipment on the Anderson Hotel, subject to a condition that reads: 2. Financial security shall be posted to the approval of the Community Development Director and City Attorney, to guarantee maintenance, repair and restoration of the telecommunication system components of the building during the life of the project and upon termination of the use of the telecommunication facilities. Sprint has obtained a 25-year lease for the antenna and support equipment on this facility. On August 28, 2003, a Pledged Savings Account, pledged to the City of SLO and accompanied by the required assignment form in the amount of $30,864.00 was received, and building permits issued. The Pledged Savings Account was purchased by the Contractor, Lone Star Engineering, who was authorized by Sprint to perform this work. The City of SLO will hold this Certificate in the City Clerk's Office (vault) until such time as maintenance, replacement , removal or relocation of the antenna structure occurs. Because the account automatically renews, should a lease be extended beyond the 25 years, the account shall remain in effect, and a new "Guarantee form" shall be prepared to determine a new completion or removal date. At any time, should the antenna structure be removed by Lone Star Engineering, they shall contact the City of San Luis Obispo Planning Division to inspect the property to verify that removal has been properly performed to current City standards. Once verified, the Pledged Savings Account will be released to Lone Star Engineering, and the Assignment form will be signed by the City and shall accompany the endorsed Certificate. Attachments: Original Certificate of Deposit Certificate of Deposit Assignment Form Guarantee to the City of SLO Cost Estimate for Removal Sprint Authorization for Lone Star Engineering Lone Star Engineering Authorization for Lynn Borges ARC 112-02 letter of approval cc: ARC, Ll and ER 112-02 Files 955 Monterey St. Address File Carolyn Dominguez, Finance Lone Star Engineering Sprint (Lori Wojcik) a ° aq z CD `+ CD " a oa0 a . a w o z En o a z CDr n CD CD CD CD b O O QQ n V CD cr �i p c� p CD r C rL W U� CD w � � n -' D CD 15 - CD ~ CD cr O CD N O CD N O 0 < 00 rnm 00 00 1 N 0) VI 7 0 N � CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT r, x r SECURITY FOR' �r✓��y'F�ti`F�.{,'fie ein after called ASSIGNOR whose principal place of business is r �� - r 93' do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in theS -A�� (Name o nancia n LlIon Y cc numbered evidenced by a Certificate of Deposit in the amount of '� which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal/ Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for maintenance, replacement, removal or relocation of telecommunications antenna (tower) structure on top of the Anderson Hotel, including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED: � �� � G� A/ igna re Signature A�5 nn a ame a m e ame e RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal / Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: 9 Name a nancla n Eon Streetay Lip-) ,3/�� Z/ { —T - na re nn a e RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above -identified account to the above -named assignor. DATED: CITY OF SAN LUIS OBISPO By: community Devellopment Dept. Fiscal othim - Signature Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank �����w��MIRIIRIU"�IRVn city of san tins osispo GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit orx Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory C!G note, Letter of Credit or Certificate of Deposit, the sum of to guarantee: at the property commonly known as within days from this date: IfI fail to make th se imp�oveme s within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN Signed Print Lot Block Tract b� Date CI QY��. T1 r Address�1.��Qc�E T3�ro 1 Phone��� 7e-90 1 n { M.1.11�.J..� ~S �E. = Office: SAN LUIS OBISPO OFFICE o P.O. sox 6002 Date: 08/25/2003 Arroyo Grande, California 93421-6002 (805)473-7788 Account Name CITY OF SAN LUIS OBISPO Depositor's Signature Proof Copy Refer to OP 0 10 7 10 for TRANCODE listing OS-036 Certificate of Deposit — Deposit Receipt ❑ ACCOUNT #: Tran Code a` 0 AMOUNT $ 1'904'00 Prepared By:MANUEL TORRES INVDEP.MDF 4/03 OD cn 6 w m m M a� 0 cn r O 0 CD w 3 CD 0 0 0 CD 0 (D D w 0 0 w CD 0_ 0 W w 77 C7 O n U) Z r C_ Cn co Cn u O Q w � CD D �' Qw 0 n cn' cQ 3 CD CD cn CD ((D Q (NW0 � o�' CD CD = w w`n07 00 C < m w `°o �(n a cn CD w :3 m a CD Q_.� 3 w 0CDa 0 o m .� cD 0c w 0 (� w m 3 m CD 3 o am-0 cn CD (on c=wCL m o CD 0 N' a am m m zm v� m0 0m Om z� �0 �rn m0 mn z iv zM 00 NN o D— w cn--m`<Q0 N 3�L.ccD D m c3D 0CD C7 C. -o `< m 0 O O 3 < � (D (D o (n -* 3 CD CD Q 0 CD 0 — CD (3D (D -F- b0 C --- (D Q w 3 N .�3 0 w.o 3 w O o� �nQgww�� Q c� o 3 o w O W 0 oo<cQQ 0 � Q° cn o w C7 ca _i -0CD0 �Q cn 0 O < < ., 3 w .« `n00�,*CDm 07 0 cr n _0 :3 o � ow (n CD -0o c(n -O (Q CD DcD0Cn cn cn � 30 cD OQr -0 :n =3 (D CT =3 S. .� (n cn CD 3 P cn N cow Q o: �• CDCD��-0 cn wnm-n3o0 0 0 (D (D < O hl ,rt CD N 3 ' r 3 < CD� m O n N 3 cn 0 3 0 L _ CD 0-- CD CD om .wQ 0 o � O � -0 0 (D Q 0 (D `nC wcw w < O o CD 0 0 1 cn -, cn CD O 0� C� o .D �co,OQ CD C CD cn CD 0 0� N 0 14 cn• (D m m m m m z 0 m 0 N z m z ON 0 r-- c -A0 0 0 3o in 3< m (n c OQ n 0 C _�• (� Q- w w ° m _3� cn n CO) CD (n-0 c� Qo QQ oC3 (= 00 *o<CD � 1 O O O 3-0 (D w CD 0, w cn w (D Q CD r CD �a •��o�o _0 C7 (D (D 3 =7- 0 :3 (D 3 w.-+ O 0 w w C � (D rn — Q 0 0 �, �30 �v .� w a CD�cn� 0 0 0° wZ3�' CC) :3 _•_(n =30r-.« w Q (D S. 3 3��•0 w 3 CD w < -O D)i CD --.ou �o _ 7 w = (D w 0 .� 0 0 3 wM. CD 0c) CD =3 � = CD .� O Sa 3 3 � `s 3 0 CD m o ZT cu ADO m �C?C 0 0 w -� m � 0 -� p° Q° 3 30 • CCn� w S (n (n (n m _0 z (D 0 N 0 cam' wfin' S. FD �o h � mOq m ° w 3 cn �_. (3D o _3 OD -0 -�- (n a cn O O cn o CD 0 � w (Q' cQ CD =3 � 0- cn �07m C CD o O< cn . CD cn' -n m o cn 3 �m (D Q c? w `< o �cn o r w � `n• O c.Q � =(n -% 5- CD k3 � 3 (D (D m m w 0 Q 0% cn CD Cn G) 0 z 3Cl 0 <Q 3 0 (D CD Cn Z) (D C 3 �• (D N 0 6 O � w z m z m m a m 0 v �m m0 n0 m- �N -n cn 70 z mm m 70 z m� nm mM 0-0 n-1 00 m 00 (n --I � n m 0 N N z m z w .� m v 0 .y O Q � H �0 U c D v U co O a F m CD co a CL w U LL LL O (h m O O U) O w m O N -- o Ul% z N a J O ~ Q O O a U ',LP 4� m O O f6 0 O a o 0 7 Y d oC J y c v Z V 'a ro, a Q y U n C to (n o ��� � O Q O a CID O Q aco O 0 a T O U LL Q � O N W O Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ to guarantee: 4 9 60 _ (3-7 4- h� .�,_ ri, � Gfir�� .-.) r7.� �r71� �:..� ��i��r-� rv����rfl� s� `ia // t at the property commonly known as & within days from Vie. If I fail to make these improvements within said days from this date, the City is authorized o make these improvements. If the City has to proceed with these improvements, agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN6'07,—�"07•-0j Lot �~ Block Signed 1 Print Address j Phone Tract Date l� �� L crty of san tins oBIspo GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Prnmiccnry Alote, ❑ Letter of Credit or ❑ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ ?J� 3Ob •� o to guarantee: at the property commonly known as-loph_����_.�'' within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. ifi the City has to proceed with these improvements, i agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN ®� ' y3� 00�f Lot Block o Tract cy SLo aUC�Lt y T/2 t� �L zZ Signed Date Print Address Phone L' c til i �J Letter of Transmittal Date. December 2, 2002 To: Tom Molyneux Of Baja Fresh Re. Cost estimate for work not completed to date. Attached Please Find: Prints Originals Correspondence Copies Date No. Sheets Description C Tom Per your request I have estimated the costs to install the following items to the 1 085 Higuera Street Project. The following estimate is for Bonding purposes with the City and the actual costs may vary. 1. To replace the existing asphalt area behin the driveway approach and install a 4'-0" wide concrete walkway. ($800) r0 2. To install the Concrete wainscot, (CDI), ($2,000), PW 3. To install floodgates to all doorways, (storefronts), ($500). Some doorways have already been fitted with floodgates. Total cost estimate = ($3,300). Copy to: Signed: Kim Hatch Architecture, Planning & Graphics 3450 Broad Street — Suite 106 San Luis Obispo, CA 93401 (805) 541-5604 Fax (805) 541-4371 Date Opened: 12 / 0 2/ 2 0 0 2 Term: 30 DAYS Certificate of Deposit Amount of Deposit: THREE THOUSAND THREE HUNDRED AND 00/100 This Time Deposit is Issued to: City of San Luis Obispo for Thomas Molyneux 1200 Pacific Cayucos CA 93430-0000 Not Negotiable - Not Transferable - Additional terms are below. Tax ID: Number: Account Number: Issuer: HERITAGE OAKS BANK DOWNTOWN OFFICE 1135 SANTA ROSA STREET SAN LUIS OBISPO, CA 93401 3,300.00 i By . ,K�z r� Additional Terms and Disclosures This form contains the terms for your time deposit. It is also the Minimum Balance Requirement: You must make a minimum deposit to Truth -in -Savings disclosure For those depositors entitled to one. There are additional terms and disclosures on page two of this form, some of open this account of $ 1,000.00 . which explain or expand on those below. You should keep one copy of this form. ❑ You must maintain this minimum balance on a daily basis to earn the Maturity Date: This account matures 1 / 01 / 2 0 0 3 annual percentage yield disclosed. (See below for renewal information.) Withdrawals of Interest: Interest ❑ accrued ®Xcredited during a Rate Information: The interest rate for this account is 1.10000 % term can be withdrawn: with an annual percentage yield of 1 . 10 %, This rate will be AFTER IT IS CREDITED TO YOUR ACCOUNT paid until the maturity date specified above. Interest begins to accrue on Early Withdrawal Penalty: If we consent to a request for a withdrawal the business day you deposit any noncash item (for example, a check). that is otherwise not permitted you may have to pay a penalty. The Interest will be compounded DAILY penalty will be an amount equal to: Interest will be credited MONTHLY 7 DAYS PENALTY BY ADDING BACK TO TIME DEPOSIT interest on the amount withdrawn. IkThe annual percentage yield assumes that interest remains on deposit Renewal Policy: until maturity. A withdrawal of interest will reduce earnings. ❑ Single Maturity: If checked, this account will not automatically ❑ If you close your account before interest is credited, you will not renew. Interest ❑ will ❑ will not accrue after maturity. receive the accrued interest. 0 Automatic Renewal: If checked, this account will automatically The NUMBER OF ENDORSEMENTS needed for withdrawal or any renew on the maturity date. (see page two for terms) other purpose is: 1 Interest ❑ will 99 will not accrue after final maturity. ACCOUNT OWNERSHIP: You have requested and intend the type of account marked below. ❑ Individual Elm commoas n Ioirit Account - With Survivorship (and noton)tenans ❑ Joint Account - No Survivorship (as tenants in common) ❑ Trust: Separate Agreement Dated Rk HELD FOR CITY OF SLO ❑ Revocable Trust Designation as defined in this agreement (Beneficiaries' names and addresses) BACKUP WITHHOLDING CERTIFICATIONS TIN: nTaxpayer I.D. Number - The Taxpayer ❑ Exempt Recipients - I am an exempt Identification Number shown above (TIN) is recipient under the Internal Revenue Service my correct taxpayer identification number. Regulations. A provision for my signature, certifying MC Backup Withholding - I am not subject under penalty of perjury the statements to backup withholding either because I have checked in this section and that I am a U.S. not been notified that I am subject to backup person (including a U.S. resident alien), is withholding as a result of a failure to report contained on the first copy of this all interest or dividends, or the Internal certificate. Revenue Service has notified me that I am no longer subject to backup withholding. ENDORSEMENTS - SIGN ONLY WHEN YOU REQUEST WITHDRAWAL X X X 6 m 1993 Bankers Systems, Inc., St. Cloud, MN Form CD-AA-NPD 111 1/3/2001 READ PAGE TWO FOR �� Iyri"iY.'1iI �,p�};�oo4Ipage 1 of2) DEFINITIONS: "We," 'bur," and "us" mean the issuer of this account and "you" and "your" mean the depositor(s). "Account" means the original certificate of deposit as well as the deposit it evidences. TRANSFER: "Transfer" means any change in ownership, withdrawal rights, or survivorship rights, including (but not limited to) any pledge or assignment of this account as collateral. You cannot transfer this account without our written consent. PRIMARY AGREEMENT: You agree to keep your funds with us in this account until the maturity date. (An automatically renewable account matures at regular intervals.) You may not transfer this account without first obtaining our written consent. You must present this certificate when you request a withdrawal or a transfer. This account is void if the deposit is made by any method requiring collection (such as a check) and the deposit is not immediately collected in full. If the deposit is made or payable in a foreign currency, the amount of the deposit will be adjusted to reflect final exchange into U.S. dollars. We may change any term of this agreement. Rules governing changes in interest rates have been provided. For other changes we will give you reasonable notice in writing or by any other method permitted by law. If any notice is necessary, you all agree that the notice will be sufficient if we mail it to the address listed on page one of this form. You must notify us of any change. WITHDRAWALS AND TRANSFERS: Only those of you who sign the permanent signature card may withdraw funds from this account. (In appropriate cases, a court appointed representative, a beneficiary of a trust account whose right of withdrawal has matured, or a newly appointed and authorized representative of a legal entity may also withdraw from this account.) The specific number of you who must agree to any withdrawal is written on page one in the section bearing the title " ... Number of Endorsements .... " This means, for example, that if two of you sign the signature card but only one endorsement is necessary for withdrawal then either of you may request withdrawal of the entire account at any time. These same rules apply to define the names and the number of you who can request our consent to a transfer. PLEDGES: Any pledge of this account (to which we have agreed), must first be satisfied before the rights of any joint account survivor beneficiary or trust account beneficiary become effective. For example, if one joint tenant pledges the account for payment of a debt and then dies, the surviving joint tenant's rights in this account are subject first to the payment of the debt. OWNERSHIP OF ACCOUNT AND BENEFICIARY DESIGNATION: You intend these rules to apply to this account depending on the form of ownership and beneficiary designation, if any, specified on page 1. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds. Individual Account - Such an account is owned by one person. Joint Account With Survivorship (And Not As Tenants In Common) - Such an account is owned by two or more persons. Each of you intend that upon your death the balance in the account (subject to any previous pledge to which we have consented) will belong to the survivor(s). If two or more of you survive, you will own the balance in the account ownership as joint tenants with survivorship and not as tenants in common. Joint Account - No Survivorship (As Tenants In Common) - Such an account is owned by two or more persons but none of you intend (merely by opening this account) to create any right of survivorship in any other person. We encourage you to agree and tell us in writing of the percentage of the deposit contributed by each of you. This information will not, however, affect the "number of endorsements" necessary for withdrawal. Revocable Trust Account (subject to this agreement) - If t., more of you create such an account, you own the account jointly w,, survivorship. Beneficiaries cannot withdraw unless: (1) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. Any such beneficiary may withdraw all or any part of the account balance. The person(s) creating this account type reserves the right to: (1) change beneficiaries; (2) change account types; and (3) withdraw all or part of the deposit at any time. Trust Account Subject to Separate Agreement - We will abide by the terms of any separate agreement which clearly pertains to this account and which you file with us. Any additional consistent terms stated on this form will also apply. SET-OFF: You each agree that we may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt owed to us now or in the future, by any of you having the right of withdrawal, to the extent of such person's or legal entity's right to withdraw. If the debt arises from a note, "any due and payable debt" includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note. This right of set-off does not apply to this account if. (a) it is an Individual Retirement Account or other tax -deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan, or (c) the debtor's right of withdrawal arises only in a representative capacity. You agree to hold us harmless from any claim arising as a result of our exercise of our right of set-off. BALANCE COMPUTATION METHOD: We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. TRANSACTION LIMITATIONS: You cannot make additional deposits to this account during a term (other than credited interest). You cannot withdraw principal from this account without our consent except on or after maturity. (For accounts that automatically renew, there is a ten day grace period after each renewal date during which withdrawals are permitted without penalty.) In certain circumstances such as the death or incompetence of an owner of this account, law permits, or in some cases requires, the waiver of the early withdrawal penalty specified on page one. FOR ACCOUNTS THAT AUTOMATICALLY RENEW: Each renewal term will be the same as this original one, beginning on the maturity date (unless we notify you, in writing, before a maturity date, of a different term for renewal). You must notify us in writing before, or within a ten day grace period after, the maturity date if you do not want this account to automatically renew. Interest earned during one term that is not withdrawn during or immediately after that term is added to principal for the renewal term. The rate for each renewal term will be determined by us on or just before the renewal date. You may call us on or shortly before the maturity date and we can tell you what the interest rate will be for the next renewal term. On accounts with terms of longer than one month we will remind you in advance of the renewal and tell you when the rate will be known for the renewal period. See your plan disclosure if this account is part of an IRA. EE Per � C 1993 Bankers Systems, Inc., St. Cloud, MN Form CD-AA-NPD 1/3/2001 (page 2 of 2) BSIXXAP/XXCDDIR�0004,/.0 4300359 TRUTH IN SAVINGS DISCLOSURE HERITAGE OAKS BANK DOWNTOWN OFFICE 1135 SANTA ROSA STREET SAN LUIS OBISPO, CA 93401 12/02/2002 ACCOUNT TYPE: CD BUSINESS OVER 100K CDK INTEREST RATE (RATE): 1.10000 % ANNUAL PERCENTAGE YIELD (APY): 1.10 % MARGIN: DEPOSIT TERM: 30 DAYS MAX. PERIODIC CHANGE: COMPOUNDING: DAILY MAXIMUM INTEREST RATE: INTEREST CREDITED: MONTHLY MINIMUM INTEREST RATE: ADDED TO THE BALANCE OF THIS ACCOUNT EARLY WITHDRAWAL PENALTY: 7 DAYS PENALTY MATURITY DATE: 1/01/2003 INDEX: 30-89 DAYS 1000 **** FIXED INTEREST RATE INFORMATION **** The interest rate will not change for the term of the account. The interest rate for your account is stated above. **** COMPOUNDING AND CREDITING **** Simple interest is credited as stated above. **** MINIMUM BALANCE REQUIREMENTS ***- You must deposit $100,000.00 to open this account. **** BALANCE COMPUTATION METHOD **** We use the daily collected balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. We will use an interest accrual basis of 365 for each day of the year. **** ACCRUAL ON NON -CASH DEPOSITS **** Interest begins to accrue on the business day you deposit noncash items (for example checks). **** TIME DEPOSIT WITHDRAWAL LIMITATIONS **** You may not make withdrawals from your account until the maturity date. Exceptions: We may let you withdraw money from your account before the maturity date without an early withdrawal penalty: (1) when one or more of you dies or is determined legally incompetent by a court or other administrative body of jurisdiction; or (2) when the account is an Individual Retirement Account (IRA) established in accordance with 26 USC 408 and the money is paid within (7) days after the account is opened or (3) when the account is a Keogh Plan (Keogh), if you forfeit at least the interest earned on the withdrawn funds; or (4) if the account is an IRA or a Keogh Plan established pursuant to 26 USC 408 or 26 USC 402, when you reach age 59 1/2 or become disabled; or (5) within an applicable grace period (if any). **** EARLY WITHDRAWAL PENALTIES **** You have agreed to keep the funds on deposit until the Maturity Date of your account. Any withdrawal of all or part of the funds from your account prior to maturity may result in an early withdrawal penalty. We will consider requests for early withdrawal and, if granted, the penalty as specified will apply. Minimum Required Penalty If you withdraw money within six (6) days after the date of deposit, the BSIXXAP/TISDISC/AP0025/01 minimum required penalty is seven (7) days, simple interest on the withdrawn funds. If partial early withdrawl(s) are permitted, we are required to impose the minimum required penalty on the amount(s) withdrawn within six (6) days after each partial withdrawal. The early withdrawal penalty may be more then the minimum required penalty. You pay the early withdrawal penalty by forfeiting part of the accrued interest on the account. If your account has not earned enough interest, or if the interest has been paid, we will take the difference from the principal amount of your account. **** RENEWAL TERMS **** Each renewal term will be•the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term and features as the original time deposit. **** ADDITIONS TO ACCOUNT **** You may not make additional deposits into this account. **** ADDITIONAL DISCLOSURE INFORMATION **** MEMBFR FDIC BSIXXAP/TISDISC/AP0025/02 !CIty of san tuts osispo aw" GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with p Promissory Note, ❑ Letter of Credit or`� Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ 00 vU to guarantee:- �' y� -Lc � S 1)4 6 7J�AYF,�k -D Q 7^IQ CIF Izz, T ,"C. Tu Pest- P ►�l �p�` IJ 1'�k �7 F- C�1-1L1 7-1 5-, kEao' 6 A L /3 F T--bU N�AL1diVS * LEapgs I Z) - 8 Tl C Tr3 1t� t c FQ C Lt L L D 110 -- © F I ("- ] A L at the property commonly known as l tad M(� P P—n within 3 ( J days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN / O - `t.3;Z"00J Lot C (L�l / Block _ I L 4 - [ Tract Sign d - Date Print AQ- wC Address Phone �1 7b-90 Date Opened: 06i02!2011 Term: 6 Months Tax ID: Number: Certificate of Deposit Dollar Amount of Deposit: One Thousand Dollars This Time Deposit is Issued to: LUNACY CLUB LLC PLEDGED TO THE CITY OF SAN LUIS OBISPO 1130 MORRO STREET SAN LUIS OBISPO, CA 93401 Not Negotiable - Not Transferable - Additional terms are below. Issuer: Account Number: AMERICAN PERSPECTIVE BANK 4051 BROAD STREET STE 140 SAN LUIS OBISPO CA 93401 Byj6e� $ 1 000.00 Additional Terms and Disclosures This Lorin contains the terms for your time deposit. It is also the Minimum Balance Requirement: You must make a minimum deposit to Truth -in -Savings disclosure for those depositors entitled to one. There are additional terms and disclosures on page two of this form, some of open this account of $ 1,000.00 which explain or expand on those below. You should keep one copy of this form. ® You must maintain this minimum balance on a daily basis to earn the Maturity Date: This account matures 12102/2011 annual percentage yield disclosed. (See below for renewal information.) Withdrawals of Interest: Interest ❑ accrued ® credited during a Rate Information: The interest rate for this account is .15 % term can be withdrawn: without -penalty with an annual percentage yield of .15 %. This rate will be paid until the maturity date specified above. Interest begins to accrue on Early Withdrawal Penalty: If we consent to a request for a withdrawal the business day you deposit any noncash item (for example, a check). that is otherwise not permitted you may have to pay a penalty. The Interest will be compounded daily penalty will be an amount equal to: six months Interest will be credited month) interest on the amount withdrawn. IN The annual percentage yield assumes that interest remains on deposit Renewal Policy: until maturity. A withdrawal of interest will reduce earnings. ❑ Single Maturity: If checked, this account will not automatically ® If you close your account before interest is credited, you will not renew. Interest ❑ will ❑ will not accrue after maturity. receive the accrued interest. IN Automatic Renewal: If checked, this account will automatically The NUMBER OF ENDORSEMENTS needed for withdrawal or any renew on the maturity date. other purpose is: one Interest ❑ will ® will not accrue after final maturity. ACCOUNT OWNERSHIP: You have requested and intend the type of account marked below. ❑ Individual ❑ Joint Account ❑ Joint - Husband and Wife (with right of survivorship) ❑ Community Property - Husband and Wife ❑ Tenancy in Common ❑ Trust: Separate Agreement Dated 9 LLC ❑ Totten Trust or ❑ Pay on Death Designation as defined in this agreement BACKUP WITHHOLDING CERTIFICATIONS TIN: 45-0924100 IN D. Number - The Taxpayer ❑ Exempt Recipients - I am an exempt Identification Number shown above (TIN) is recipient under the Internal Revenue Service my correct taxpayer identification number. Regulations. IN Backup Withholding - I am not subject A provision for my signature, certifying to backup withholding either because I have under penalty of perjury the statements not been notified that I am subject to backup checked in this section and that I am a U.S. person (including a U.S. ire withholding as a result of a failure to report coalien), is copy all interest or dividends, or the Internal Contained on the first copy of this certificate. Revenue Service has notified me that I am no longer subject to backup withholding. NOTE: REGARDING ADDITIONAL TERMS AND DISCLOSURES Truth -in -Savings disclosure provided in Your Deposit Account ENIH RSEM NTS - flyIN ONLY WHEN YOU REQUEST WITHDRAWAL X EK15&-n-- .!b't 01993 Bankers Systems, Inc., St. Cloud, MN Form CD-AA-LAZ-CA (1) 6/11/2005 READ PAGE TWO FOR ADDITIONAL TERMS (page 1 of 2) r CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: LL.[N c\4 _CIyh u c herein after called ASSIGNOR whose principal place of business is 1130 WAZO I A CA CH,461 do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, anj interest of whatever nature, of assignor, in and to the insured account of assignor in the _ Ay�&[(A I W[ Oic evidenced by a Certificate of Deposit in the amount of (Name Financial nsmu[ian pU ____ numbered which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the'account by the Federal fJd0-51 �- Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NQTIGE. JO ASSIGNOR. This assignment is given as security for liability for: _ A -at��.O /&W-An rapt ..1..i�lY:�o -, ��lincluding l interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. ❑ D: Z r (v I e Fana uwe RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal [X Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. 4-f7,i &gad st_. uik Lots,6ktsvo 40 WF09C Ul[y alp aLV2ZI21 bonKek rm a ame � e RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to trig above -named assignor. DATED: CITY OF S N LUIS By: Z_ _ Original: City /Department copy: Developer/Applicant copy: Mailed to Bank Revised 2-11-05 Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN L-UI5 OBISPO ;11(with El Promissory Note, El Letter of Credit ■C ' rtificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ IIfto guarantee: A - --A Npa'u In E�u T J 1,4A)96 G..) oTt! 5rM,11 k)41E� at the property commonly known as within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN 60el - 1�� UCf. Lot MOM Signed rr h l Ll - Print 'Jd�.i In Address 1130 (y-C oy , f -�7Z o-0 Phone -7 - 9�9- 0201 Tract o2 5-60 ._ / Date T- If - H CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: r�� lri J L�Gherein after called ASSIGNOR whose principal place of business is 130 94 A- 2 SL d do (does) hereby assign, and set over to the City of San Luis Obispo, all ri ht, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in the 5 evidenced by a Certificate of Deposit in the amount of (Name o nanno a ion c, $_ is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal r , -t— Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such ac ount at any time WITHOUT NO ICE TO ASSIGNOR. This assignment is given as security for liability for (A ' to Lo )1. -u e Gy J at I rr S '- LuiS MiSoo including interest and penalties, and to insure compliance with the applicable part or arts of the San Luis Obispo M nicipal Code. Assignor hereby notifies the above -named financial institution of this assignment. Printed ame it e RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. WELLS FARGO BANK, N.A. DATED: _ SAN OFFICE 665 MARSH S ' � v SAN LUIS OBISPO, CA 93401 Name of na ncl al Instilution trees — ,tyZip I yl Cs� - � ► � ' � na ure r to ame e ❑ (STAFF ONLY) Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: a�' CITY OF SAN LUIS QB15PO By: — i2 Q L/ 9;Ple'L�7L L.ommuatty (SvCl,l lopment DV, Fftei O cu- Signature Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-1 B-11 Time Account Receipt/Disclosure Banker Name: Officer/Portfolio Number: ISABRINA HARPER IB7099 Banker Phone: Store Number. Banker ALI: 1805/541-0143 _ 104544 10000901 Customer/Account Information Date: L8/19/2014 Banker MAC: IE2321-011 Primary Customer Name: Customer Number (ECN): 1215 BRIDGE STREET LLC _ COID: Pr%duct; Account Number: Open Date: Term; Maturity Date: 100114 ICDA 108/19/2014 130 days J09/18/2014 Time Account Opening Deposit: Interest Rate: Annual Percentage Yield: Fixed Rate: Variable Rate: Renewal Term: I$1, 000. 00 1 0.01% 1 0.01% IYes INo 130 days _ Interest will be paid: The method of payment will be: EVERY 01 MONTHS_AND AT WITHDRAWAL IBY ADDING TO PRINCIPAL Renewability: IYOU WILL AUTOMATICALLY RENEW MY TIME ACCOUNT AT MATURITY UNLESS I NOTIFY YOU OTHERWISE Account Title and Mailinn Information Customer(s) Listed on Account: Mailing Address: 1215 BRIDGE STREET LLC 1130 GARDEN ST UNIT 200 Address Line 2: COLLATERAL ACCOUNT FOR THE CITY City: State: OF SAN LUIS OBISPO SAN LUIS OBISPO ICA ZIP/Postal Code: Country: 93401-3566 {US This is a receipt. It need not be presented at the time you obtain payment from the Bank. A q Customer Copy Page 1 of 1 W60168 (5-11 SVP) Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO ■ Certificate of Deposit I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Certificate of Deposit, the sum of $ 2,500.00 to guarantee: Site Clean-up and restoration after demolition of structures. ProQer abandonment of utilities, removal of foundation and debris. erosion control, compliance with stormwater regulations and compliance with all State and local laws and ordinances to the satisfaction of the Chief Buildin Official. at the property commonly known as: 1140 Iris, within 365 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN: 003-571-014 Signed g, Date-� ao Print Address 510t S' ET Phone R)�� CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR —Dave & Karen Rucker herein after called ASSIGNOR whose principal place of business is 4855 Morabito Place, SLO, CA 93401 do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, and interest of whatever nature, of assignor, in and to the insured account of the assignor in the 'Premier Valley Bank evidenced by a Certificate of Deposit in the amount of (Name of financial Institution) $2,500 , numbered which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal Deposit Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for: Site restoration after demolition of structures at: 1140 Iris , including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED: July 14, 2020 --. S' mature Signature Kim Boege/ Nner Printed Name/Title Printed Name/Title RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above, We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal Deposit Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: July 7 2020 Premier Valley Bank dame of Financial Institution t azure 237 Heraera San I iti Strect, City, Zip Diana Kinq I Qn S.ife Manager Printed Name/Title RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution name in the above assignment is hereby authorized and directed to pay any earnings on the above -identified account to the above -named assignor. DATED: -I - Q-0 ` 2_0 CITY A OBISPO By: Community Development Dept, Fiscal Officer signature Original: City of San Luis Obispo Copy: Developer/Applicant Copy: Mailed to bank Certificate of Deposit Copy and Certificate of Deposit Signature Card Date Tax Opened:_ 7/141ZQ2Q_ _ Term: 12 Months ID: Number: Dollar Account Number: Amount of Deposit: J=.,Thouslr-d F ye HHILdrQ D_Q11 � Li 1�[3 Cents _ $?, 500.00 This Time Deposit is Issued to: Issuer: PREMIER VALLEY BANK 237 Higuera Street KIM BOEGE San Luis Obispo, CA 93401 DAVID L RUCKER PLEDGE TO CITY OF SAN LUIS OBISPO 890 BUCHON ST SAN LUIS OBISPO, CA 93401 Not Negotiable - Not Transferable - Additional terms are below, By This form contains the terms for your time deposit. It is also the Truth -in -Savings disclosure for those depositors entitled to one. There are additional terms and disclosures on page two of this form, some of which explain or expand on those below. You should keep one copy of this form. Maturity Date. This account matures 7/14/2021 (See below for renewal information,) Rate Information. The interest rate for this account is- 0,0100% with an annual percentage yield of 0.0100 %. This rate will be paid until the maturity date specified above. Interest begins to accrue on the business day you deposit any noncash item (for example, a check). Interest will be compounded t i�t_p yment If addgd jQ—QP Interest will be credited or paid Out every _ 006 Months ® The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. ❑ If you close your account before interest is credited, you will not receive the accrued interest. The Number of Endorsements needed for withdrawal or any other purpose is: Not AppliC3ble Account Ownership. You have requested and 'attend the type of account marked below. Individual ❑ Joint Account - With Survivorship feed not es tenan� in connnon) 9 Joint Account - No Survivorship (as wna. i--ton) i] Trust: Separate Agreement Dated Minimum Balance Requirement. You must make a minimum deposit to open this account of the amount listed on Time Deposit instructions ❑ You must maintain this minimum balance on a daily basis to earn the annual percentage yield disclosed. Withdrawals of Interest. Interest ❑ accrued X credited during a term can be withdrawn: Early Withdrawal Penalty. If we consent to a request for a withdrawal that is otherwise not permitted you may have to pay a penalty. The penalty will be an amount equal to: the penalty information _ within the Time Deposit instructions interest on the amount withdrawn. Renewal Policy ❑ Single Maturity. If checked, this account will not automatically renew, Interest ❑ will ❑ will not accrue after maturity. X Automatic Renewal. If checked, this account will automatically renew on the maturity date. (see page two for terms) Interest I9 will ❑ will not accrue after final maturity, Backup Withholding Certifications (If not a "U.S. Person", certify foreign status separately) ® Taxpayer I.D. Number - TIN: The Taxpayer Identification Number (TIN) shown N my correct taxpayer identification number, LI Backup Withholding. I am not subject to backup withholding either because I have not been notified that I am subject to backup withholding as a result of a failure to report all interest or dividends, or the Internal Revenue Service has notified me that I am no longer suhicct to backup withholding. FATCA Code. The FATCA code entered on this form (if any) indicating that I am exempt from FATCA repotting is correct. Signature. I certify under penalties of perjury that the statements made in this section are true and that I am a U.S. citizen or other U.S. person (as defined in the instructions) ❑ Revocable Trust or ❑ Pay on Death Designation ` 1 X 1�1-La2e� as defined in this agreement j I� (Beneficiaries' names and addresses) NO WITHDRAWAL WITHOUT AUTHORIZATION FROM THE CITY OF SAN LUIS OBISPO Signatures. I agree to the terms stated on page one and page two. X X X Certificate of hmpo6it/Account Agreement Read Page Two for Additional Terms Bankers SystpplCTM VMPt7 CD-AA-LAZ 7/3012015 Wolters Kluwer Financial Services O 2015 Page 1 of 2 Certificate of Deposit Date Tax Opened: 7/14/2020 Term: 12 Months _ ID: . Number: Dollar Account Number: Amount of Deposit: Two ThoLl,�pd„Eiv_e Hundred D9lfars And No Cents. $ This Time Deposit is Issued to: Issuer: PREMIER VALLEY BANK 237 Higuera Street KIM BOEGE San Luis Obispo, CA 93401 DAVID L RUCKER PLEDGE TO CITY OF SAN LUIS OBISPO 890 BUCHON ST SAN LUIS OBISPO, CA 93401 Not Negotiable - Not Transferable - Additional terms are below. This form contains the terms for your time deposit. It is also the Truth -in -Savings disclosure for those depositors entitled to one. There are additional terms and disclosures on page two of this form, some of which explain or expand on those below. You should keep one copy of this form. Maturity Date. This account matures 7/14/2021 (See below for renewal information.) Rate Information. The interest rate for this account is 0.01 00% With an annual percentage yield of , � 0.0100 Sn. This rate will be paid until the maturity date specified above. Interest begins to accrue on the business day you deposit any noncash item (for example, a check). Interest will be compounded at interest p_aynent if added to CD . Interest will be credited or paid out every 006 Months M The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. ❑ If you close your account before interest is credited, you will not receive the accrued interest. The Number of Endorsements needed for withdrawal or any other purpose is: Not Applicable Account Ownership. You have requested and intend the type of account marked below. ❑ Individual 0Joint Account -With Survivorship ra�>v �,,,e, ICuanLs iurnmm0i>> 9 Joint Account - No Survivorship (ns renanis in common) ❑ Trust: Separate Agreement Dated ❑ By._ Minimum Balance Requirement. You must make a minimum deposit to open this account of the an-jpuni listedga Tune Deposit instructions 11 You must maintain this minimum balance on a daily basis to earn the annual percentage yield disclosed. Withdrawals of Interest, Interest ❑ accrued N credited during a term can be withdrawn: Early Withdrawal Penalty. If we consent to a request for a withdrawal that is otherwise not permitted you may have to pay a penalty. The penalty will be an amount equal to: the penalty information within the Time Deposit instructions interest on the amount withdrawn. Renewal Policy ❑ Single Maturity. If checked, this account will not automatically renew. Interest ❑ will ❑ will not accrue after maturity. N Automatic Renewal. If checked, this account will automatically renew on the maturity date. (sec page two for terms) Interest N will ❑ will not accrue after final maturity. Social Security or Employer's I.D. Number. A correct taxpayer identification number is required for almost every type of account. A certification of this number is also required and is contained on the first copy of this certificate. Backup Withholding. A certification that you are not subject to backup withholding is necessary for almost all accounts (except for persons who are exempt altogether) - and a certification that the FATCA code (if any) is correct. These certifications are contained on the first copy of this form. Failure to provide these certifications when required will cause us to withhold a percentage of the interest earned (for payments to ❑ Revocable Trust or ❑ Pay on Death Designation the IRS). Providing a false certification can result in serious federal penalties. as defined in this agreement (Beneficiaries' names and addresses) NO WITHDRAWAL WITHOUT AUTHORIZATION FROM THE CITY OF SAN LUIS OBISPO Endorsements. Sign Only When You Request Withdrawal X X — [X. Certificate of Deposil7AGoount Agreement Bankers SystemsIM VMPO Wohers Kluwer Financial Servioos © 2015 Read Page Two for Additional Terms co-AA-t_Az 7/3012015 Page 1 01 2 Security Deposit Policy Certificates of Deposit 1. No cash or equivalent (check, cashers check, etc.) deposits will be accepted as security where security is required by the Community Development or Public Works departments to guarantee the performance of any act or agreement related to a construction project. '.. Any surety received by the City of San Luis Obispo shall be drawn from a bank in the tri-counties area only (Monterey, San Luis Obispo and Santa Barbara counties). S. To be acceptable, the Certificate of Deposit must be made out in a form that clearly identifies the payor bank, and an unconditional promise to pay the City of San Luis Obispo only, and must automatically renew itself (no expiration date). All Certificates of Deposit must be accompanied by a completed Security Assignment form. A completion guarantee will be required unless the demolition or grading -only permit is permitted at the same time as a redevelopment project. Demolition or grading -only permits will not be issued without one of the above options. Please submit the following: a. Certificate of Deposit (from the bank) b. Completed Assignment form (signed by bank and applicant) C. Completed Guarantee to the City of San Luis Obispo (prepared by City staff and signed by applicant) Gam- o000 � � Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obis o, in the form o� Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ 0.0 to guarantee: 61 i u b / lexi ,oz, 71w,, I off . 1 � ICARsr—J' yTldl 2��� at the property commonly known as - //.7 G� �7i within qO days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. AP N ,M,?-5,!! (-e12- Lot Signed Print '31"ev O iopl %cf� Block Address /io M&rq- K) g 3 yy Phone t c� `� -� 1 - C) Tract Date �01 11 2- of c( CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SEC4io R4"I' FOR: �` 141W�1C_f71 herein after called ASSIGNOR whose principal place of business is x htir.d- ' do, (does) hereby assign, and set over to the City of San Luis Opisp , all pght, title, a inter st of whatever nature, of assignor, in and to the insured account of assignor in the `*�, ,144 ci J �- ��... 1L,�� evidenced by a Certificate of Deposit in the amount of �o Fl,i �• G' LJD �/� >> which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal _ [sue !fi Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any ime WITHOUT NOTICE T� ASSIGNOR. This assi nm iven as securit for liability for GS N %'/' Z57 - ed at including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATED:; l f "ZOe \pTnaluae -- u1tjS1-r.4ur8 ��Tln�ea"0111@I lu� PantedName/ I itle RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal dS I'�- Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: [ �� I ac � G aln a Ina=al InstiMon [street Lay P 2 11� G -a r KEY llnflted Narr:ei .ft Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: CITY OM7 Q AN LUIS liti s f By: /� T f I �7 Ci [�C.( - `F Ua=nwify UFROOMMMept. Fiscal Offirw- sipauft Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 Time Account Receipt/[disclosure Banker Name: ALMA_ CRUZ Banker Phone: 1805/541-0143 Customer/Account Information Primary Customer Name: jIRV HEPNER COID: Product: Account Number: I00114 �CDA Time Account Opening Deposit: Interest Rate: 1$2, 500.00 1 0. 05'2� Officer/Portfolio Number: Date: IC3668 ;09/11/2019 Branch Number: Banker AU:Y Banker MAC: 04544 ;0000901 E2321-011. Customer Number (ECN)_ — Open Date: Term: _ /11/_2.0_19 3 months Annual Percentage Yield Fixed Rate: Variable Rate: Renewal Term: 0.05% ---�Y- s _ jNo _ 13 months Maturity Date: 12/11/2019 Interest will be paid: The method of payment will be: EVERY 01 MONTHS AND AT WITHDRAWAL _JBY ADDING TO PRINCIPAL Renewability: YOU WILL AUTOMATICALLY RENEW MY TIME ACCOUNT AT MATURITY UNLESS I NOTIFY YOU OTHERWISE Account Title and Mailing Information Customer(s) Listed on Account: Mailing Address: �IRV HEPNER 910 ALBERT WAY Address Line 2: iDBA IRV HEPNER CONSTRUCTION City: HOLD FOR CITY OF SAN LUIS OBISPO NIPOMO ZIP/Postal Code: 93444-6600 This is a receipt. It need not be presented at the time you obtain payment from the Bank. W60168 (8-17 SVP) State: !CA Country: US P Page 1 of 1 yLmo.agiq �aS dIiiIIIpIjllllllllMIIIMIIINIIIIljII C D-ao ooz.3 @ftAwg MY Of San lU1S OB1Sp0 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with p Promissory Note, p Letter of Credit or 0 Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory (�G note, Letter of Credit or Certificate of Deposit, the sum of to guarantee: eLE✓f X) u AAJD r/ 3 r1_v� q � r&,xj � / f C� l6l� JC�'fl�� at the property commonly known as /, 20-S- Y 6:Z0 ,—1 J77 within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. A P N /�6" 6L!L — d -L(a Lot � Block Tract Signed ii Date Print �t t .� I Tel I - � Address (� L- CJ Phone -9 —4 78.90 Certificate of Deposit Date Opened: 03/22/2016 Term: 12 Months Dollar Amount o Deposit: f WO THOUSAND DOLLARS AND NO CENTS This Time Deposit is Issued to: City of San Luis Obispo 990 Palm St San Luis Obispo, CA 93401-3236 Not Negotiable - Not Transferable - Additional terms are below. lzvS C1l-A This form contains the terms for your time deposit. It is also the Truth -in -Savings disclosure for those depositors entitled to one. There are additional terms and disclosures on page two of this form, some of which explain or expand on those below. You should keep one copy of this form. Maturity Date. This account matures 3/22/2017 (See below for renewal information.) Rate Information. The interest rate for this account is .2500 % with an annual percentage yield of •25 %. This rate will be paid until the maturity date specified above. Interest begins to accrue on the business day you deposit any noncash item (for example, a check). Interest will be compounded daily Interest will be credited every 1 month and capitalized X The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. ❑ If you close your account before interest is credited, you will not receive the accrued interest. The Number of Endorsements needed for withdrawal or any other purpose is: 001 Tax ID: Number: $ 2000.00 Issuer: Downtown San Luis Obispo Office Heritage Oaks Bank 1144 Morro Street San Luis Obispo, CA 93401 By Minimum Balance Requirement. You must make a minimum deposit to open this account of $ 1000.00 You must maintain this minimum balance on a daily basis to earn the annual percentage yield disclosed. Withdrawals of Interest. Interest ❑ accrued 9 credited during a term can be withdrawn: Early Withdrawal Penalty. If we consent to a request for a withdrawal that is otherwise not permitted you may have to pay a penalty. The penalty will be an amount equal to: 180 days at current interest rate interest on the amount withdrawn. Renewal Policy ❑ Single Maturity. If checked, this account will not automatically renew. Interest ❑ will ❑ will not accrue after maturity. Automatic Renewal. If checked, this account will automatically renew on the maturity date. Interest PC will ❑ will not accrue after final maturity. Account Ownership. You have requested and intend the type of account marked below. ❑ Individual ❑ Joint Account ❑ Joint - Husband and Wife (with right of survivorship) ❑ Community Property - Husband and Wife ❑ Tenancy in Common ❑ Trust: Separate Agreement Dated pe Assignment Account ❑ Totten Trust or ❑ Pay on Death Designation as defined in this agreement (Beneficiaries' names and addresses) TIN: Social Security or Employer's I.D. Number. A correct taxpayer identification number is required for almost every type of account. A certification of this number is also required and is contained on the first copy of this certificate. Backup Withholding. A certification that you are not subject to backup withholding is necessary for almost all accounts (except for persons who are exempt altogether) - and a certification that the FATCA code (if any) is correct. These certifications are contained on the first copy of this form. Failure to provide these certifications when required will cause us to withhold a percentage of the interest earned (for payments to the IRS). Providing a false certification can result in serious federal penalties. Endorseme t . 5my Yqu Request Withdrawal X __ X X Certificate of Deposit/Account Agreement -CA Bankers SystemsTM VMPO Wolters Kluwer Financial Services © 2015 Read Page Two for Additional Terms CD-AA-LAZ-CA 3/1512015 Page 1 of 2 Definitions. "We," "our," and "us" mean the issuer of this account and "you" and "your" mean the depositor(s). "Account" means the original certificate of deposit as well as the deposit it evidences. Transfer. "Transfer" means any change in ownership, withdrawal rights, or survivorship rights, including (but not limited to) any pledge or assignment of this account as collateral. You cannot transfer this account without our written consent. Primary Agreement. You agree to keep your funds with us in this account until the maturity date. (An automatically renewable account matures at regular intervals.) You may not transfer this account without first obtaining our written consent. You must present this certificate when you request a withdrawal or a transfer. This account is void if the deposit is made by any method requiring collection (such as a check) and the deposit is not immediately collected in full. If the deposit is made or payable in a foreign currency, the amount of the deposit will be adjusted to reflect final exchange into U.S. dollars. We may change any term of this agreement. Rules governing changes in interest rates have been provided. For other- changes we will give you reasonable notice in writing or by any other method permitted by law. If any notice is necessary, you all agree that the notice will be sufficient if we mail it to the address listed on page one of this form. You must notify us of any change. Withdrawals and Transfers. Only those of you who sign the permanent signature card may withdraw funds from this account. (In appropriate cases, a court appointed representative, a beneficiary of a trust or pay -on -death account whose right of withdrawal has matured, or a newly appointed and authorized representative of a legal entity may also withdraw from this account.) The specific number of you who must agree to any withdrawal is written on page one in the section bearing the title Number of Endorsements. This means, for example, that if two of you sign the signature card but only one endorsement is necessary for withdrawal then either of you may request withdrawal of the entire account at any time. Unless otherwise specified in writing, only one endorsement is required to withdraw funds from this account. These same rules apply to define the names and the number of you who can request our consent to a transfer. Pledges. Any pledge of this account (to which we have agreed), must first be satisfied before the rights of any joint account survivor, pay -on -death beneficiary or trust account beneficiary become effective. For example, if one joint tenant pledges the account for payment of a debt and then dies, the surviving joint tenant's rights in this account are subject first to the payment of the debt. Ownership of Account and Beneficiary Designation. You intend these rules to apply to this account depending on the form of ownership and beneficiary designation, if any, specified on page 1. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds. Individual Account. This account is issued to one person who does not intend (merely by opening this account) to create any survivorship rights in any other person. Joint Account. This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Joint Account - of Husband and Wife With Right of Survivorship. This account is owned by the named parties, who are husband and wife, and is presumed to be their community property. Upon the death of either of them, ownership passes to the survivor. Community Property Account of Husband and Wife. This account is the community property of the named parties who are husband and wife. The ownership during lifetime and after the death of a spouse is determined by the law applicable to community property generally and may be affected by a will. Tenancy in Common Account. This account is owned by the named parties as tenants in common. Upon the death of any party, the ownership interest of that party passes to the named pay -on -death payee(s) of that party, or, if none, to the estate of that party. P.O.D. Account with Single Party. This account is owned by the named parry. Upon the death of that party, ownership passes to the named pay -on -death payee(s). P.O.D. Account With Multiple Parties. This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Upon the death of all of them, ownership passes to the named pay -on -death payee(s). Whether the P.O.D. Account is with single party or multiple parties, if ownership passes to more than one beneficiary, any such beneficiary may withdraw all or any part of the account balance. Totten Trust Account. (subject to this form) - If two or more of you create this account, you own the account jointly with survivorship. Beneficiaries acquire the right to withdraw only if (1) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. Any such beneficiary may withdraw all or any part of the account balance. The person(s) creating either of these account types reserves the right to: (1) change beneficiaries; (2) change account types; and (3) withdraw all or part of the deposit at any time. Trust Account Subject to Separate Agreement. We will abide by the terms of any separate agreement which clearly pertains to this account and which you file with us. Any additional consistent terms stated on this form will also apply. Set -Off. You each agree that we may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt owed to us now or in the future, by any of you having the right of withdrawal, to the extent of such person's or legal entity's right to withdraw. The amount of the set-off may be further limited by applicable law. If the debt arises from a note, "any due and payable debt" includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note. This right of set-off does not apply to this account if: (a) it is an Individual Retirement Account or other tax -deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan, or (c) the debtor's right of withdrawal arises only in a representative capacity. You agree to hold us harmless from any claim arising as a result of our exercise of our right of set-off. Balance Computation Method. We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. Transaction Limitations. You cannot make additional deposits to this account during a term (other than credited interest). You cannot withdraw principal from this account without our consent except on or after maturity. (For accounts that automatically renew, there is a grace period after each renewal date during which withdrawals are permitted without penalty.) In certain circumstances, such as the death or incompetence of an account owner, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax -deferred savings plan. For Accounts that Automatically Renew. Each renewal term will be 12 Months , beginning on the maturity date (unless we notify you, in writing, before a maturity date, of a different term for renewal). You must notify us in writing before, or within a 10 day grace period after, the maturity date if you do not want this account to automatically renew. Interest earned during one term that is not withdrawn during or immediately after that term is added to principal for the renewal term. The rate for each renewal term will be determined by us on or just before the renewal date. You may call us on or shortly before the maturity date and we can tell you what the interest rate will be for the next renewal term. On accounts with terms of longer than one month we will remind you in advance of the renewal and tell you when the rate will be known for the renewal period. See your plan disclosure if this account is part of an IRA or Keogh. Certificate of Deposit/Account Agreement -CA Bankers Systm. TM VMP@ Wolters Kluwer Financial Services © 2015 CD-AA-LAZ-CA 3/15/2015 Page 2 of 2 CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT _ j j �', SECURITY FOR: _i `�-l'- - 1ir11 _ herein after called ASSIGNOR whose principal place of business is 4TV F15w.,o 4.., L v,,S do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in the tj a'` I TA 6-E D A' --S 5,1T N k- evidenced by a Certificate of Deposit in the amount of (Name ZTFinancial sinxionj C70 — $ numbered which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for STD t� 7- 0XJ �=06d /T/O /U at fj including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. 3� ,mot.nmzm R ntea Namwe RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal F of C Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: -2;, � � a I ( r; k 4 OwP�� `� i� ¢reef ity ZI ` I 4D 30,0,gASM-�-- rinte n interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: 3- � 3 - /l CITY OF SAN LUIS OBiSPO By: "7_1 rU /I C,_4,S]h%Z- Community Development Dept. Viscal ofriccr - Signature Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-1 B-11 Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO ■ Certificate of Deposit I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Certificate of Deposit, the sum of $ 4,000.00 to guarantee: Site Clean-up and restoration after demolition of structures. Proper abandonment of. utilities,_ removal of foundation and debris, erosion control, compliance with stormwater regulations and compliance with all State and local laws and ordinances to the satisfaction of the Chief Building Official. at the property commonly known as: 1230 Monte Vista Place within 120 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements_ If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN:052-071-022 Signed Date 9/30/20 1230 MVP LLC a Califarnia Limited Liability Company Print Stephen C. Ross BY: ManrageDeve$Vmenl,Inc. It's: Manager By: Stephen C. Ross, its President Address 23945 Calabasas Road, Suite 116 Calabasas, CA 91302 Phone 818-652-6701 CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNtIMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURP'Y FOR 1230 iti1VP LLC herein after called ASSIGNOR whose principal place of businesS is 2394i Calabasas Rd Suite-1 !t; Czilabasas CA. i�i?02do (does) hereby assign, and set over to the City of San Luis Obispo, all fight, title, and hilerest of whatever llatui-e, of assignor, Ili and to the II1SLINCI aCCOLIIlt 01 the aSSlgllol- in the 1230 MVP LLC evidenced by a Certificate ol'Dcposit in the anloLult of (!Name of financial Institution) $4,000.00 , numbered Pacific Premier Bank N•vhich is delivered to the City ofSarl Luis Obispo herewith. Assignor agrees that this assignment carries with It the right In the Insunince of tllc aCCOLIllt by the Federal Deposit II1sui-ance Corporation, and Includes and gives the I-ight to the City of San LUIS Obispo to redeem, collect and wlthdl'aw the full 11mOLlnt Of SUCII aCCOUIlt at all)' tllllC Wl'I I-IOUT NOTIC'.F I 0 ASS[GNOR. This assignment is given as security for liability for Site restoration after demolition of structures at- 1230 Monte Vista Place. including interest and penalties, and to insure compliance Nvith the applicable part or parts of the San Luis Obispo 1iVIunicipa1 Code. Assignor hereby, notifies the above -maned financial institution of this assignment. DATED: 9'� 1230 MVP LLC a 01190miai Limiled Liability Company r 'v ` ! By Mordage Devt3tapri"; Inc. It's: Manager �- By: Stephen C. Ross, its President Signature Stephen C. Ross. President. Nfontmge Development. Inc. Manager _ RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City ol'San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certit'Nr that this account is fully insured by the Federal Dop0Sit Insurance Corporation and that vve have received no llolicc of any lien, encumbrance, hold, claim, or obligation o•fthe above -identified account prior to the assi`,11111C11t to the City of San LLIIS Obispo. We agree to make payment to the City ol'Sall Luis Obispo upon reClucst in accordance %with the laws applicable to this financial Lllstilullon. DATED: Cvjkl/ Pacific P mier Bank N jj".Finnnciol Institution Si�,nalutc 16861 Ventura Blvd. Ste#100 Encino Ca 91436 sircct. Cily, iip Sheila Matilla VP BSM Printed Namc/ tale RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY' EARNINGS Receipt is acknowledged ol' the above assi`nment and the Certificate of Deposit identi I icCl in the above assignrllcnt. The hllallclal llls(ILLI1.1011 llallle in the above assignment is hereby authorized and directed to pay any earnings on the above -identified account to the above -Hauled assignor. DA-fED: CITY OF SAN LUIS OBISPO By: Community Development L)vpt. Piscnl 0111ccr,ien:uurc C)ri_inuL City of San Luis 011ispu Cop): Dcvc!orcr'rlpp!icant Cup) : ;Nlailcd ;u bonl< Security Deposit Policy Certificates of Deposit No cash or equivalent (check, cashers check, etc.) deposits will be accepted as security where security is required by the Community Development or Public Works departments to guarantee the performance of any act or agreement related to a construction project. ?. Any surety received by the City of San Luis Obispo shall be drawn from a batik in the tri-counties area only (Monterey, San Luis Obispo and Santa Barbara counties). To be acceptable, the Certificate of Deposit must be made out in a form that clearly identifies the payor bank, and an unconditional promise to pay the City of San Luis Obispo only, and must automatically renew itself (no expiration date). All Certificates of Deposit must be accompanied by a completed Security Assignment form. A completion guarantee will be required unless the demolition or grading -only permit is permitted at the same time as a redevelopment project. Demolition or grading -only permits will not be issued without one of the above options, Please submit the following: a. Certificate of Deposit (from the batik) b. Completed Assignment form (signed by bank and applicant) C. Completed Guarantee to the City of San Luis Obispo (prepared by City staff and signed by applicant) V�-b-0�6 Z-0/ I Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $9.06v. to guarantee: 1�ccaTle.�� oFALeftEv)s 11 af 0A1s� ZH�26s10�j 1� P fs'rM, i6 , -57e,X Y-2241-� 'i;V s at the property commonly known as ORM7 within 4 '0 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN Dt,)q-70 i U0/ Lot Block Signed — Print N� Address 1 'PCs •v L-OL s CV' �SFO i Phone PJ>� Tract Date 14 1 -T- CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: herein after called ASSIGNOR whose principal place of business is 1_7iu5 th+ta.cr7 ;tli C Sr 0 SL-o do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in the fir_• +µ:me %/4A" 1342L,� evidenced by a Certificate of Deposit in the amount of (Name of FIrmnaal Institutionj Re D G � numbered which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, coliect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for Iiabilityy for G'Gg;f)Q - Al-10 D at including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code Assignor hereby notifies the above -named financial institution of this assignment. DATED: L k I gnature I Signature 7�7c_ fldnteC Namei!tie RECEIPT FOR NOTICE OF ASSIGNMENT wr i h [e ame it e Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown b the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal b-,;+ Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: I - { L4 • L iVC Ou I l T.�'1 lD11�E►ra+, S .._Sa►'�.JiSIJ�tS�pc7 _r dA ame a inane sb ul[an ���treet '' '' 11 ny L p 9 3� O ( Pv P ,V.oc C ; a.,l G%V" Isar gnatureFrIAL00 NarnelItle ❑ (STAFF ONLY) Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. 1 DATED. ;�_(Z'' /-7 CITY OF SAN LUIS OBISPO By: `^i /u Cnmm[mt eveinpmcnt Dept. Fjwa Officer- ignan[rc Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 Certificate of Deposit Copy and Certificate of Deposit Signature Card Date Tax Opened: IJ1N01_.7___ Term: 6 Months ID: Number: Account Number: Dollar Amount of $Mn.00 Deposit: lsanDollars This Time Deposit is Issued to: ROBBINS REED INC 1308 MONTEREY ST STE 210 SAN LUIS OBISPO, CA 93401 Not Negotiable - Not Transferable - Additional terms are below Issuer: PREMIER VALLEY BANK 237 Hicguera Street San Luis Obispo, CA 93401 This rams contains the terms For your ionic deposit, h is also the Truth-in•Say irigs disclosure for these depositors entitled to one. There arc add itionnI terms and disclosures on page Iwo of this form, some of which oxplain or expand on (hose below. You should kcep One Cupy Of this form. Maturity Date, This account matures 1/17/2018 (See below for renewal information.) Rate Information. The interest rate for this account is 0 1000% with an annual percentage yield of ....... D_,= %. This rate will be paid until the maturity dale specified above. Interest begins to accrue on the business day you deposit any noncash here (for example, it check). Interest will be compounded at MatuLLW %WAd to impel interest will be credited of paid out lever 006 Months ® The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. ❑ If you close your account before interest is credited, you will not receive the accrued interest. The Number of Endorsements needed for withdrawal or any other Purpose is: Not Applicable Account Ownership. You have requested and intend the type of account marked below, ❑ Individual ❑ Joint Account - With Survivorship (na um as iennnu in rnnwionl U Joint Account - No SurViVOrShip (.vmmmsia-u-n) ❑ Trust: Separate Agrcesncrit Dated F C in, T ❑ Revocable Trust or ❑ Pay on Death Designation as dCfined in this agreement . (Beneficiaries' names and addresses) CorUlfcalo 01 Deposl /Acuount AUMMMem hankers SV►lams TN VMP0q, Wollers xil-091 Fin ancrAl Services 0201,5 X J By Minimum Balance Requirement. You must make a niutimum deposit to open this account of $ N You must maintain this minitnutti.balance on a daily basis to earn the annual percentage yield disclosed. Withdrawals of Interest. Interest ❑ accrued M credited during it term can be withdrawn: Early Withdrawal Penalty. If we consent to a request for it withdrawal that is otherwise not permitted you may have to pay a penalty. The penalty will be an amount equal to: 6 mo for less than 12 months ar 12 mo for 12-23 montlis or IS rno for 24 35 months interest on the amount withdrawn. Renewal policy ❑ Shigle Maturity. If checked, this account will not automatically renew. Interest ❑ will ❑ will not accrue after maturity. ® Automatic Renewal. If checked, this account will aulomatically renew on the maturity date. (see page two for terms) Interest 9 will ❑ will not aecrue after filial maturity. Backup Withholding Certifications (if not a 'U.S. Person", certify foreign status sCparR1Cty) ® Taxpayer I.D. Number • TIN: The Taxpayer ldrntiitcation Number (TIN) shown is my COrreCt taxpayer Identifteation numhcr. ❑ Backup Withholding. I am not subject to backup withholding either because f have not been notified That I atn subicci to backup withholding as a result of n White to report all inleresi or dividends, or tfie hnernal Revenue Service has nolilied me that I ant na longer subject to backup withholding. FAT CA Code. The FATCA code entered on this f6rm (if any) indicating that I ale exempt from FATCA reporting is correct. Signa e. 1 certify utxicr penalties of perjury prat tltc statcnrents made in this section arc let ad thm a U, uilixcn ar other .5. person ( detinCd in the instntclioos) x r1 fDr+eel to the terms stated on page one and page two. Read Page Two for Additional Terms Ct)-AA•LAZ M012015 Page 1 of 2 A city of san lugs osispo GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with p Promissory Note, ❑ Letter of Credit or p Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note. Letter of Credit or Certificate of Deposit, the sum of $ �� to guarantee: Y I 1�b•1 L"'r. 141 jam Are - SAP j ��� tthe t 3'923 �.yt,iifl n A property commonly known as E E C' within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. .a-.568-005 (rcrM otfW60AI & #Pwj % 60.4-6sb8-OW) APN Lot Block Tract Signed Date Print M U `R�rgMSZ' DF 6't0-s i4 �f eS �aV4cyAAA1 AddressVt -�fo CA 040 Phone 7a-90 CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECtr RIT-( FOR; herein after called ASSIGNOR whose principal place of business Is I411oh+► Imo, , 'G4 �do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, and Interest of whatever nature, of assignor, In and to the insured account of assignor in the f p � �� evidenced by a Certificate of Deposit in the amount at ■mo one # $ 1^ numbered �+ which Is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the FederM insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time W1THDtJT 1VDTIGE Q ASSIGNOR. This assignment is Ivan as security for Iiabllty for: f n pa�urri Ci F �c�i� '' eso 1rct� n at +`.y , Including interest and penalties, and to insure comps}ante with the applicable part or parts of the San Luis Obis Municlpai Code. Assignor hereby notifies the above -named financial institution of this assignment., DATED: ]nvury M m ri Jme. a R FC}R Al E tiF A t E Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certlficaie of Deposit identified above. We have noted in our records the City's interest in said accgtint as shown by a above a signment and have retained a COPY Of this sheet. We Certify that this account is fully InsufaMY the Federal insurance Corporation and that we have received no notice of any lien, encumbrance. hold, claim, 'or obllg lion of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Dbispo upon request in accordance with the laws applicabie to this linanclai institution. DATED: �Y� —.6 A rip, n ipnr urn a "TO TNC FUttc�%T 6kTr,jT RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above- ictentified account to the above -named assignor. DATZ'I7:__t21Lr r 1 CITY OF N LUIS OBISP By: u v7 p e ep 'ice � • 4'�B PY P Pp Original: City of SLO /Department co Develo eriA licant copy: Mailed to Bank Revised 2-11-05 Certificate of Deposit Date Tax Opened: 12/11/2015 Term: 12 Months ID: Number: Dollar Amount obNE HUNDRED TWENTY-SIX THOUSAND FOUR HUNDRED DOLLARS AND NO Deposit: $126400.00 This Time Deposit is Issued to: City of San Luis Obispo as Collateral granted by Dignity Health 345 S Halcyon Rd Arroyo Grande, CA 93420-3817 Not Negotiable - Not Transferable - Additional terms are below. This form contains the terms for your time deposit. It is also the Truth -in -Savings disclosure for those depositors entitled to one. There are additiondl terms and disclosures on page two of this form, some of which explain or expand on those below. You should keep one copy of this form. Maturity Date. This account matures 12/11/2016 (See below for renewal information.) Rate Information. The interest rate for this account is .2500 % with an annual percentage yield of •25 %. This rate will be paid until the maturity date specified above. Interest begins to accrue on the business day you deposit any noncash item (for example, a check). Interest will be compounded dall Interest will be credited every 1 month and capitalized The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. ❑ If you close your account before interest is credited, you will not receive the accrued interest. The Number of Endorsements needed for withdrawal or any other purpose is: 001 Issuer: Santa Maria Office Heritage Oaks Bank 1825 South Broadway Santa Maria, CA 93454 Minimum Balance Requirement. You must make a minimum deposit to open this account of $100000.00 , You must maintain this minimum balance on a daily basis to earn the annual percentage yield disclosed. Withdrawals of Interest. Interest ❑ accrued K credited during a term can be withdrawn: Early Withdrawal Penalty. If we consent to a request for a withdrawal that is otherwise not permitted you may have to pay a penalty. The penalty will be an amount equal to: 180 days at current interest rate interest on the amount withdrawn. Renewal Policy ❑ Single Maturity. If checked, this account will not automatically renew. Interest ❑ will ❑ will not accrue after maturity. Automatic Renewal. If checked, this account will automatically renew on the maturity date. Interest ❑ will K will not accrue after final maturity. Account Ownership. You have requested and intend the type of account marked below. Individual Joint Account Joint - Husband and Wife (with right of survivorship) Community Property - Husband and Wife Tenancy in Common Trust: Separate Agreement Dated Non Profit Corporation ❑ Totten Trust or ❑ Pay on Death Designation as defined in this agreement (Beneficiaries' names and addresses) TIN: Social Security or Employer's I.D. Number. A correct taxpayer identification number is required for almost every type of account. A certification of this number is also required and is contained on the first copy of this certificate. Backup Withholding. A certification that you are not subject to backup withholding is necessary for almost all accounts (except for persons who are exempt altogether) - and a certification that the FATCA code (if any) is correct. These certifications are contained on the first copy of this form. Failure to provide these certifications when required will cause us to withhold a percentage of the interest earned (for payments to the IRS). Providing a false certification can result in serious federal penalties. Endorsements. Sign Only When You Request Withdrawal X X X Certificate of Deposit/Account Agreement -CA Bankers Systems!`M VMP& Wolters Kluwer Flnonclal Services 0 2015 Read Page Two for Additional Terms CD-AA-LAZ-CA 3/15/2015 Page 1 of 2 Definitions. "We," "our," and "us" mean the issuer of this account and "you" and "your" mean the depositor(s). "Account' means the original certificate of deposit as well as the deposit it evidences. Transfer. "Transfer" means any change in ownership, withdrawal rights, or survivorship rights, including (but not limited to) any pledge or assignment of this account as collateral. You cannot transfer this account without our written consent. Primary Agreement. You agree to keep your funds with us in this account until the maturity date. (An automatically renewable account matures at regular intervals.) You may not transfer this account without first obtaining our written consent. You must present this certificate when you request a withdrawal or a transfer. This account is void if the deposit is made by any method requiring collection (such as a check) and the deposit is not immediately collected in full. If the deposit is made or payable in a foreign currency, the amount of the deposit will be adjusted to reflect final exchange into U.S. dollars. We may change any term of this agreement. Rules governing changes in interest rates have been provided. For other changes we will give you reasonable notice in writing or by any other method permitted by law. If any notice is necessary, you all agree that the notice will be sufficient if we mail it to the address listed on page one of this form. You must notify us of any change. Withdrawals and Transfers. Only those of you who sign the permanent signature card may withdraw funds from this account. (In appropriate cases, a court appointed representative, a beneficiary of a trust or pay -on -death account whose right of withdrawal has matured, or a newly appointed and authorized representative of a legal entity may also withdraw from this account.) The specific number of you who must agree to any withdrawal is written on page one in the section bearing the title Number of Endorsements. This means, for example, that if two of you sign the signature card but only one endorsement is necessary for withdrawal then either of you may request withdrawal of the entire account at any time. Unless otherwise specified in writing, only one endorsement is required to withdraw funds from this account. These same rules apply to define the names and the number of you who can request our consent to a transfer. Pledges. Any pledge of this account (to which we have agreed), must first be satisfied before the rights of any joint account survivor, pay -on -death beneficiary or trust account beneficiary become effective. For example, if one joint tenant pledges the account for payment of a debt and then dies, the surviving joint tenant's rights in this account are subject first to the payment of the debt. Ownership of Account and Beneficiary Designation. You intend these rules to apply to this account depending on the form of ownership and beneficiary designation, if any, specified on page 1. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds. Individual Account. This account is issued to one person who does not intend (merely by opening this account) to create any survivorship rights in any other person. Joint Account. This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Joint Account - of Husband and Wife With Right of Survivorship. This account is owned by the named parties, who are husband and wife, and is presumed to be their community property. Upon the death of either of them, ownership passes to the survivor. Community Property Account of Husband and Wife. This account is the community property of the named parties who are husband and wife. The ownership during lifetime and after the death of a spouse is determined by the law applicable to community property generally and may be affected by a will. Tenancy in Common Account. This account is owned by the named parties as tenants in common. Upon the death of any party, the ownership interest of that party passes to the named pay -on -death payee(s) of that party, or, if none, to the estate of that party. P.O.D. Account with Single Party. This account is owned by the named party. Upon the death of that party, ownership passes to the named pay -on -death payee(s). P.O.D. Account With Multiple Parties. This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Upon the death of all of them, ownership passes to the named pay -on -death payee(s). Whether the P.O.D. Account is with single party or multiple parties, if ownership passes to more than one beneficiary, any such beneficiary may withdraw all or any part of the account balance. Totten Trust Account. (subject to this form) - If two or more of you create this account, you own the account jointly with survivorship. Beneficiaries acquire the right to withdraw only if (1) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. Any such beneficiary may withdraw all or any part of the account balance. The person(s) creating either of these account types reserves the right to: (1) change beneficiaries; (2) change account types; and (3) withdraw all or part of the deposit at any time. Trust Account Subject to Separate Agreement. We will abide by the terms of any separate agreement which clearly pertains to this account and which you file with us. Any additional consistent terms stated on this form will also apply. Set -Off. You each agree that we may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt owed to us now or in the future, by any of you having the right of withdrawal, to the extent of such person's or legal entity's right to withdraw. The amount of the set-off may be further limited by applicable law. If the debt arises from a note, "any due and payable debt" includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note. This right of set-off does not apply to this account if: (a) it is an Individual Retirement Account or other tax -deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan, or (c) the debtor's right of withdrawal arises only in a representative capacity. You agree to hold us harmless from any claim arising as a result of our exercise of our right of set-off. Balance Computation Method. We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. Transaction Limitations. You cannot make additional deposits to this account during a term (other than credited interest). You cannot withdraw principal from this account without our consent except on or after maturity. (For accounts that automatically renew, there is a grace period after each renewal date during which withdrawals are permitted without penalty.) In certain circumstances, such as the death or incompetence of an account owner, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax -deferred savings plan. For Accounts that Automatically Renew. Each renewal term will be 12 Months , beginning on the maturity date (unless we notify you, in writing, before a maturity date, of a different term for renewal). You must notify us in writing before, or within a 10 day grace period after, the maturity date if you do not want this account to automatically renew. Interest earned during one term that is not withdrawn during or immediately after that term is added to principal for the renewal term. The rate for each renewal term will be determined by us on or just before the renewal date. You may call us on or shortly before the maturity date and we can tell you what the interest rate will be for the next renewal term. On accounts with terms of longer than one month we will remind you in advance of the renewal and tell you when the rate will be known for the renewal period. See your plan disclosure if this account is part of an IRA or Keogh. Certificate of Deposit/Account Agreement -CA Bankers SystemdlM VMPOO Wolters Kluwer Financial Services O 2015 CD-AA-LAZ-CA 3/15/2015 Page 2 of 2 Community Development 919 Palm Street, San Luis Obispo, CA 93401-3218 805.781,7170 slucity ory November 17, 2016 TO: File FROM: Rebecca Cox SUBJECT: Partial Release of a Certificate of Deposit The City of San Luis Obispo's Community Development Department has authorized the release of the enclosed Certificate of Deposit # in the amount of $105,870.00, for satisfactory completion of condition #8 (ARC-1007-13) "retrofit of existing site lighting to provide proper shielding" at 1823 Johnson Ave. to the satisfaction of the Chief Building Official. Ald- Cam Dan Farnum — Owner or Rep. Date �Z41 C41 �1 ,�-jo) ARCIHITECTS.INC November 13, 2015 Michael Codron Community Development Director City of San Luis Obispo 919 Palm Street San Luis Obispo, CA 93401 RE: Bond Request for Copeland Health Education Pavilion at 1823 Johnson Ave Dear Mr. Codron, On behalf of Dignity Health I am requesting a bond for completion of the following Planning Department requirements to allow occupancy of the above referenced building. The specific items to be bonded and the associated costs are listed below: $2,000 Use Permit A 140-1 1 conditions 6, 7 and B Planning is continuing to review the latest Parking and Trip -Reduction Management Plan and indicates additional work and information will be required. Work to provide satisfactory plan by January 2016. This task does not have a construction cost. A bond cost of $:2,000 is proposed, $105,870 ARC-1007-13, Condition #8 Retrofit of existing site lighting to provide proper shielding. New fixtures matching those approved for the Pavilion Building have been delivered to the site and are scheduled to be installed in March 2016. i $4,840 ARC-1007-13, Condition #21 Existing seatrain and construction trailer in the parking lot are supporting separate construction projects inside the hospital and will be removed by December of 2016. $2,167 ARC-1007-13, Co in tin tion #21 A fenced construction yard will be installed around the existing construction yard near the northwest corner of the developed site. The existing construction trailers are supporting separate construction projects inside the hospital and will be removed (including fencing) by December of 2016. 114.877 Su tots 11,488 Plus 10% 660 Pus 660 required rocessin ee 127,025 Total due 762 Higuera Street, Suite 212 San Luis Obispo, CA 9340l 805.541 3848 Fax: 805 541 - 38,18 SDG architects,com . V November 10, 2015 Bond Request for Copeland Health Education Pavilion at 1823 Johnson Ave Please find attached a check from Dignity Health for $127,025 as require to purchase a bond for the above referenced items. Thank you for your assistance. Please let me know if you have any question, Sincerely, S D G PW Brian W. Starr, Architect President 'N city Of San IUIS OBISPO Community Development Department, 919Pa1m Street, San Luis Obispo, CA 93401-3218 Security Deposit Policy (Revised 2-15-06) 1. No cash or cash equivalent (check, cashier's check, etc.) deposits will be accepted as security where security is required to guarantee the performance of any act or agreement related to a construction project. 2. Any surety received by the City of San Luis Obispo shall be drawn from a bank in the th-counties area only (Monterey, San Luis Obispo, and Santa Barbara Counties). 3. Guarantees will not be accepted for amounts less than $100, and all guarantees shall be rounded to the nearest $100. 4. Notwithstanding the size of the deposit, the following forms of guarantee are acceptable forms for required security deposits: Certificates of Deposit (must be accompanied by a guarantee form) To be acceptable, the Certificates must be made out on a form that clearly identifies the Payor bank, and an unconditional promise to pay the City of San Luis Obispo. (It must be payable to the City of San Luis Obispo only, and must automatically renew itself - no expiration date!) All Certificates of Deposit must be accompanied by a completed Security Assignment form. Letters of Credit (must be accompanied by a guarantee form) Irrevocable letters of credit will be accepted grovided that they appear on bank letterhead in substantially the same form as the sample letter (Exhibit 1). Substantial agreement shall mean that the letter of credit must indicate: (1) by its title that it is irrevocable; (2) the City of San Luis Obispo must be the beneficiary; (3) the entire sum is available to the City upon written demand; (4) the letter is issued in accordance with and shall be interpreted in accordance with Division 5 of the California Commercial Code; (5) the letter must remain valid for at least one year, or more, from issue date; (6) no mention of the project or work which is being guaranteed may appear on the letter. Security Deposit Policy Page 2 Unconditional Performance Bonds Guarantees or Notes issued by Certain Institutions Instruments, while not qualifying as letters of credit, which are issued by bonding companies or financial institutions, may be accepted if they include an unconditional promise to pay upon demand to the City the sum of the deposit. All such instruments sha11 be reviewed 17 the City Attorney and ossibl the Finance Director) prior to acce Lance• additional time is required to rocess. (This type of security is discouraged.) 3. For deposits of one thousand dollars ($1,000.00) or less, the department involved may accept a Promissory Note on the attached Form (Exhibit 2). provided that the department has no reason to refuse the depositor's note. Any of the following shall constitute reason to refuse to accept a promissory note: (1) within the past 12 months, the depositor has given to the City of San Luis Obispo, a check which was subsequently dishonored; (2) within the past 24 months, the depositor has failed to complete a construction project for which security has been given by the required deadline; (3) the department involved has verified information that a stop notice or mechanics lien has been filed against the depositor, and has ripened into a civil suit filed in a Superior Court within the State of California; (4) the depositor has a primary business or home address outside the County of San Luis Obispo, Monterey or Santa Barbara. All promissory notes signed by a corporate officer on behalf of the corporation shall also be signed by the same individual as a grantor on the note. A promissory note must be accompanied by a guarantee form. 4. The following types of security shall not be acceptable: (1) Passbooks purporting to pledge a savings account; (2) Any document, otherwise acceptable, which makes the City and the depositor joint tenants or co -owners of payment rights; (3) Any document, otherwise acceptable, which requires that the City first establish, as a condition to collection, that the depositor has failed to satisfactorily complete the act or work guaranteed. *This policy was extended by City Council Resolution No. 6837 (1990 Series) G� Y .7 Community Development 919 Palm Street, San Luis Obispo, CA 93401-3218 805.781.7170 slocity.org November 17, 2016 Heritage Oaks Bank 1825 S. Broadway Santa Maria, CA 93454 SUBJECT: Partial Release of a Certificate of Deposit To Whom It May Concern: The City of San Luis Obispo's Community Development Department has authorized the release of the enclosed Certificate of Deposit # in the amount of $105,870.00, for the satisfactory completion of condition #8 (ARC-1007-13) "retrofit of existing site lighting to provide proper shielding" at 1823 Johnson Ave. to the satisfaction of the Chief Building Official. If you have any questions, please feel free to contact me at the number below. Sincerely, Rebecca Cox Community Development Department City of San Luis Obispo 919 Palm Street San Luis Obispo, CA 93401 (805) 781-7171 rcox@slocity.org Enclosure: Certificate of Deposit Community Development 919 Palm Street, San Luis Obispo. CA 93401-3218 805, 7 81.7170 slocify org November 17, 2016 TO: File FROM: Rebecca Cox SUBJECT: Partial Release of a Certificate of Deposit The City of San Luis Obispo's Community Development Department has authorized the release of the enclosed Certificate of Deposit # in the amount of $105,870.00, for satisfactory completion of condition #8 (ARC-1007-13) "retrofit of existing site lighting to provide proper shielding" at 1823 Johnson Ave. to the satisfaction of the Chief Building Official. Dan Farnum — Owner or Rep. Date -VEfl�().-Z-33� ©iS • Mi city of sariluis oBi spo GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ �C%• to guarantee: T�2LPexJ 016L ��� Np�.f��r`^� i" D� uTrGir[�5��- C�%9CJrJ�� �� �l.�•y�r%/�'iCl_S %llUl� �iT�Pi91ClJr9�- 7 r4SFX ?T/d � �� �f C/ �_%�C�/�/G� 1 /L��•E�G �r �/Gi lr at the property commonly known as ! U ! ✓'Q �!� _ I _ within 45 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN L,A9/ - I!52' all Signed Print Lot Block y Date Address U J �111 J �S' i 2A k f f Cad- Phone Tract 79-so CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: 11ki: Keh Alrof herein after called ASSIGNOR whose principal place of business is Wr i. C,cr"�'a S Sq fx+ZZ_ 64 4 3/01 do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, y�nd ir�to st f wh to er nature, of assignor, in and to the insured account of assignor in the SR►t �. Ot e�A �i_ ame Gy Financiali u ion evidenced by a Certificate of Deposit in the amount of $ 2140- — numbered which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal s Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. Tho assignment is given as security for liability for: *- C -e_&d _AP c }-e_ - including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. Signature anted NamerTitle RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal 0e, lyJi 14 Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: 1�f W Name man5a mmu n --N fa V iily / Signature 0 01rinitam e RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above -identified account to the above -named assignor. DATED: 6._ / 5- CITY OF SAN LUIS OBI By: Original: City City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank 8-15-03 REV Date Opened: 09/29/2015 Term: 12 Months Tax ID: Number: Certificate of Deposit Dollar Amount of Deposit: Two Thousand Four Hundred Dollars And No Cents This Time Deposit is Issued to: 1865 MONTEREY STREET INVESTORS, L.P. FBO-CITY OF SAN LUIS OBISPO 308 EAST CARRILLO STREET SANTA BARBARA CA 93101 Not Negotiable - Not Transferable - Additional terms are below. Issuer: Account Number: $ 2,400.00 THE BANK OF SANTA BARBARA 12 E FIGUEROA ST SANTA BARBARA CA 93101 By Additional Terms and Disclosures This form contains the terms for your time deposit. It is also the Minimum Balance Requirement: You must make a minimum deposit to Truth -in -Savings disclosure for those depositors entitled to one. There are additional terms and disclosures on page two of this form, some of open this account of $ 100.00 which explain or expand on those below. You should keep one copy of this form. ® you must maintain this minimum balance on a daily basis to ecru the Maturity Date: This account matures 09/29/2016 annual percentage yield disclosed. (See below for renewal information.) Withdrawals of Interest: Interest ❑ accrued N credited during a Rate Information: The interest rate for this account is .45 % term can be withdrawn: at anytime with an annual percentage yield of .45% %. This rate will be paid until the maturity date specified above. Interest begins to accrue on the business day you deposit any noncash item (for example, a check). Interest will be compounded Interest will be credited monl Early Withdrawal Penalty: If we consent to a request for a withdrawal that is otherwise not permitted you may have to pay a penalty. The penalty will be an amount equal to: 30 days of interest on the amount withdrawn. N The annual percentage yield assumes that interest remains on deposit Renewal Policy: until maturity. A withdrawal of interest will reduce earnings. ❑ Single Maturity: If checked, this account will not automatically N If you close your account before interest is credited, you will not renew. Interest ❑ will ❑ will not accrue after maturity. receive the accrued interest. N Automatic Renewal: If checked, this account will automatically The NUMBER OF ENDORSEMENTS needed for withdrawal or any renew on the maturity date. other purpose is: one (11 Interest N will ❑ will not accrue after final maturity. ACCOUNT OWNERSHIP: You have requested and intend the type of account marked below. ❑ Individual ❑ Joint Account ❑ Joint - Husband and Wife (With right of survivorship) ❑ Community Property - Husband and Wife ❑ Tenancy in Common ❑ Trust: Separate Agreement Dated N PARTNERSHIP ❑ Totten Trust or ❑ Pay on Death Designation as defined in this agreement BACKUP WITHHOLDING CERTIFICATIONS TIN: N Taxpayer I.D. Number - The Taxpayer Identification Number shown above (TIN) is my correct taxpayer identification number. N Backup Withholding - I am not subject to backup withholding either because I have not been notified that I am subject to backup withholding as a result of a failure to report all interest or dividends, or the Internal Revenue Service has notified me that I am no longer subject to backup withholding. ❑ Exempt Recipients - I am an exempt recipient under the Internal Revenue Service Regulations. A provision for my signature, certifying under penalty of perjury the statements checked in this section and that I am a U.S. person (including a U.S. resident alien), is contained on the first copy of this certificate. ENDORSEMENTS - SIGN ONLY WHEN YOU REQUEST WITHDRAWAL X X X ® ©1993 Bankers Systems, Inc., St. Cloud, MN Form CD-AA-LAZ-CA (1) 6/11/2005 READ PAGE TWO FOR ADDITIONAL TERMS (page 1 of 2) DEFINITIONS: "We," "our," and "us" mean the issuer of this account and "you" and "your" mean the depositor(s). "Account" means the original certificate of deposit as well as the deposit it evidences. TRANSFER: "Transfer" means any change in ownership, withdrawal rights, or survivorship rights, including (but not limited to) any pledge or assignment of this account as collateral. You cannot transfer this account without our written consent. PRIMARY AGREEMENT: You agree to keep your funds with us in this account until the maturity date. (An automatically renewable account matures at regular intervals.) You may not transfer this account without first obtaining our written consent. You must present this certificate when you request a withdrawal or a transfer. This account is void if the deposit is made by any method requiring collection (such as a check) and the deposit is not immediately collected in full. If the deposit is made or payable in a foreign currency, the amount of the deposit will be adjusted to reflect final exchange into U.S. dollars. We may change any term of this agreement. Rules governing changes in interest rates have been provided. For other changes we will give you reasonable notice in writing or by any other method permitted by law. If any notice is necessary, you all agree that the notice will be sufficient if we mail it to the address listed on page one of this form. You must notify us of any change. WITHDRAWALS AND TRANSFERS: Only those of you who sign the permanent signature card may withdraw funds from this account. (In appropriate cases, a court appointed representative, a beneficiary of a trust or pay -on -death account whose right of withdrawal has matured, or a newly appointed and authorized representative of a legal entity may also withdraw from this account.) The specific number of you who must agree to any withdrawal is written on page one in the section bearing the title NUMBER OF ENDORSEMENTS. This means, for example, that if two of you sign the signature card but only one endorsement is necessary for withdrawal then either of you may request withdrawal of the entire account at any time. Unless otherwise specified in writing, only one endorsement is required to withdraw funds from this account. These same rules apply to define the names and the number of you who can request our consent to a transfer. PLEDGES: Any pledge of this account (to which we have agreed), must first be satisfied before the rights of any joint account survivor, pay -on -death beneficiary or trust account beneficiary become effective. For example, if one joint tenant pledges the account for payment of a debt and then dies, the surviving joint tenant's rights in this account are subject first to the payment of the debt. OWNERSHIP OF ACCOUNT AND BENEFICIARY DESIGNATION: You intend these rules to apply to this account depending on the form of ownership and beneficiary designation, if any, specified on page 1. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds. Individual Account - This account is issued to one person who does not intend (merely by opening this account) to create any survivorship rights in any other person. Joint Account - This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Joint Account - of Husband and Wife With Right of Survivorship - This account is owned by the named parties, who are husband and wife, and is presumed to be their community property. Upon the death of either of them, ownership passes to the survivor. Community Property Account of Husband and Wife - This account is the community property of the named parties who are husband and wife. The ownership during lifetime and after the death of a spouse is determined by the law applicable to community property generally and may be affected by a will. Tenancy in Common Account - This account is owned by the named parties as tenants in common. Upon the death of any party, the ownership interest of that party passes to the named pay -on -death payee(s) of that party, or, if none, to the estate of that party. P.O.D. Account with Single Party - This account is owned by the named party. Upon the death of that party, ownership passes to the named pay -on -death payee(s). P.O.D. Account With Multiple Partles - This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Upon the death of all of them, ownership passes to the named pay -on -death payee(s). Whether the P.O.D. Account is with single party or multiple parties, if ownership passes to more than one beneficiary, any such beneficiary may withdraw all or any part of the account balance. Totten Trust Account - (subject to this form) - If two or more of you create this account, you own the account jointly with survivorship. Beneficiaries acquire the right to withdraw only if (1) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. Any such beneficiary may withdraw all or any part of the account balance. The person(s) creating either of these account types reserves the right to: (1) change beneficiaries; (2) change account types; and (3) withdraw all or part of the deposit at any time. Trust Account Subject to Separate Agreement - We will abide by the terms of any separate agreement which clearly pertains to this account and which you file with us. Any additional consistent terms stated on this form will also apply. SET-OFF: You each agree that we may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt owed to us now or in the future, by any of you having the right of withdrawal, to the extent of such person's or legal entity's right to withdraw. The amount of the set-off may be further limited by applicable law. If the debt arises from a note, "any due and payable debt" includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note. This right of set-off does not apply to this account if. (a) it is an Individual Retirement Account or other tax -deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan, or (c) the debtor's right of withdrawal arises only in a representative capacity. You agree to hold us harmless from any claim arising as a result of our exercise of our right of set-off. BALANCE COMPUTATION METHOD: We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. TRANSACTION LIMITATIONS: You cannot make additional deposits to this account during a term (other than credited interest). You cannot withdraw principal from this account without our consent except on or after maturity. (For accounts that automatically renew, there is a grace period after each renewal date during which withdrawals are permitted without penalty.) In certain circumstances, such as the death or incompetence of an account owner, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax -deferred savings plan. FOR ACCOUNTS THAT AUTOMATICALLY RENEW: Each renewal term will be the same term as the oriainal , beginning on the maturity date (unless we notify you, in writing, before a maturity date, of a different term for renewal). You must notify us in writing before, or within a ten day grace period after, the maturity date if you do not want this account to automatically renew. Interest earned during one term that is not withdrawn during or immediately after that term is added to principal for the renewal term. The rate for each renewal term will be determined by us on or just before the renewal date. You may call us on or shortly before the maturity date and we can tell you what the interest rate will be for the next renewal term. On accounts with terms of longer than one month we will remind you in advance of the renewal and tell you when the rate will be known for the renewal period. See your plan disclosure if this account is part of an IRA or Keogh. LEKJ5&t%'& ©1993 Bankers Systems, Inc., St. Cloud, MN Form CD-AA-LAZ-CA 6/11/2005 (Page 2 of 2) {} f Rev 09/2014 TH � ' ri 17�.�{� �A_N.i�lY1.. C7 'Y�•ill�il �YrlJ7!(1�1J Member FDIC FACTS WHAT DOES THE BANK OF SANTA BARBARA DO WITH YOUR PERSONAL INFORMATION? Financial companies choose how they share your personal information. Federal law gives Why? consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depend on the product or service you have with us. This information can include: ■ Social Secuity number and account ■ transaction history and payment history ■ overdraft history and account transactions When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' personal information to run their everyday business. In the section below are list the reasons financial companies can share their customers' personal information; the reasons The Bank of Santa Barbara chooses to shares; and whether you can limit this sharing. Reasons we can share your personal information For our everyday business purposes -- such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus For our marketing purposes -- to offer our products and services to you For joint marketing with other financial companies For our affiliates' everyday business purposes information about your transactions and experiences For our affiliates' everyday business purposes information about your creditworthiness For our affiliates to market to you For nonaffiliates to market to you Does The Bank of Santa Barbara share? Yes No No No No No No Questions? Call 1-805-730-7860 or go to www.bankofsantabarbara.com Can you limit this sharing? No We don't share We don't share We don't share We don't share We don't share We don't share Page 1 of 2 Page 2 What we do How does The Bank of Santa Barbara protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. We restrict access to your personal and account information to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information How does The Bank of Santa Barbara We collect your personal information, for example, when you collect my personal information? ■ open an account or deposit money ■ pay your bills or apply for a loan ■ use your credit or debit card We also collect your personal information from others, such as credit bureaus or other companies. Why can't I limit all sharing? Federal law gives you the right to limit only ■ sharing for affiliates' everyday business purposes - information about your creditworthiness ■ affiliates from using your information to market to you ■ sharing for nonaffiliates to market to you State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law. Definitions Affiliates 1 Companies related by common ownership or control. They can be financial and nonfinancial companies. :ompanies The Bank of Santa Barbara has no affiliates Nonaffiliates not related by common ownership or control. They can be financial and nonfinancial companies. ■ The Bank of Santa Barbara does not share with nonaffiliates Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. ■ Other important information The Bank of Santa Barbara doesn't jointly market For California Customers. We will not share personal information with nonaffiliates either for them to market to you or for joint marketing — without your authorization. We will also limit our sharing of personal information about you with affiliates to comply with all California privacy laws that apply to us. Page 2 of 2 NEW FEE SCHEDULE EFFECTIVE 09/01/14 FEE SCHEDULE AccountResearch (per hour) .................................... ......... ....... ___ ...... ...................... ...................................................... $45.00 Legal Attachment (per occurrence)..........................•....................................---•--•--••--••------................................................$75.00 Photocopying/Fax (per page).---•--•.......................................................•..•..............••.......,............................:......................$2.00 Statement Copy ................................ ...... , ............................ ......................................... ...... ...................$5.00 .............. ....... ........... .....:....... StopPayment............................................................... •--•...................... ............................................................................. $28.00 Online Stop Payment (via eCom or eCorp.............................. .......... .................................................................................. $20.00 CashiersCheck.....................--•--•..........................................................................................................................................$7.50 Cash Management Fee* (monthly)...................................................................--•---•........................................ .................. $35.00 Collections - Domestic ........................................ .............................................................................. $20.00 (per item) + Handling Collections - International ........................ .............. ........................................................................... $20.00 (per item) + Handling CounterChecks (per check)........................................................................................... ......... ......... .....$1.00 Currency Purchases (per $1,000.00).................................................................................................................................. $1.25 Foreign Currency...........................................................................................................................$15.00 (per order) + Handling RolledCoin Deposit.....................................................--.--.......................................................................................1% of Deposit Rolled Coin Purchase.............................................................. ..._......................................................................... 1% of Purchase Dormant (no activity for 365 days) Account Fee (per month).............................................................................................$10.00 InternetBanking.............................................................................................................................:..............................No Charge ExcessiveTransaction Fee.......................................................................................................................................... .$15.00 Online Bill Pay -Business Accounts ..... ................................... ......•--•.............................................................................No Charge Online Bill Pay -Personal Accounts... ........................................ __ ................................................................................. No Charge OnlineBill Pay - Stop Payment...........................................................................................................................................$25.00 ........................................................................................... . Returned Item Fee**............................................................... $28.00 Overdraft Fee** ......................... ............ ............•----•-- ...... ......:.:..... .....$28.00 ContinuousOverdraft Fee***..................................................................................................................................$28.00 RemoteDeposit Monthly Fee .......... ............... ................... ................................................................................................. $35.00 ReturnDeposited items ........................................ .............................................................................................. ................. $10.00 DomesticIncoming Wire......................................................................................................................................................$10.00 DomesticOutgoing Wire......................................................................................................................................................$25.00 Online Domestic Outgoing Wire (via eCorp).......................................................................................................................$10.00 Int'I Incoming Wire ........... ........................................................ .............................. ..................................... ......................... $10.00 Int'I Outgoing Wire...............................................................................................................................................................$40.00 * Refer to Business Analysis fee schedule if Business Analysis account ** No overdraft or returned item fees will be charged if the available balance in your account is overdrawn by $5.00 or less after posting all transactions after the end of the business day. Consumer Accounts - Fee applies to each overdraft item and each returned item with no more than 4 items charged each day. Business Accounts - Fee applies to each overdraft item and each returned item with no more than 8 items charged each day. *** The Bank will assess a continuous overdraft fee of $5.00 per day starting on the 3rd day up to maximum of 30 days THE BANK OF SANTA BARBARA 12 E. Figueroa St., Santa Barbara. CA 93101 Telephone (805) 730-7860 Fax (805) 730-7899 Member FDIC Page 1 of 1 ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES The Electronic Fund Transfers we are capable of handling for consumers are indicated below, some of which may not apply to your account. Some of these may not be available at all terminals. Please read this disclosure carefully because it tells you your rights and obligations for these transactions. You should keep this notice for future reference. TYPES OF TRANSFERS, FREQUENCY AND DOLLAR LIMITATIONS ® (a) Prearranged Transfers. ® Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your ® checking and/or ® savings account(s). ® Preauthorized payments. You may make arrangements to pay certain recurring bills from your ® checking and/or ❑ savings account(s). ❑ (b) Telephone Transfers. You may access your account(s) by telephone at using a touch tone phone, your account numbers, and to: 1] Transfer funds from checking to savings I. l Transfer funds from savings to checking ❑ Transfer funds from to _ ❑ Transfer funds from to Make payments from checking to loan accounts with us I J Make payments from to ❑ Make payments from to ❑ Get checking account(s) information ❑ Get savings account(s) information ❑ (c) ATM Transfers. You may access your account(s) by ATM using your Card and personal identification number to: ® Make deposits to checking accounts ® Make deposits to savings accounts ® Get cash withdrawals from checking accounts you may withdraw no more than $600.00 perday ® Get cash withdrawals from savings accounts you may withdraw no more than $500.00 perday xi Transfer funds from savings to checking Gc Transfer funds from checking to savings I.J Transfer funds from to ❑ Make payments from checking account to Electronic Fund Transfers Disclosure -CA 8ankets SystarnSTM Wolters Kluwer Financial Services © 1980, 2009 X Make payments from to ® Get checking account(s) information ® Get savings account(s) information El Fil ® (d) Point -Of -Sale Transactions. Using your card: ® You may access your ® checking account account(s) to purchase goods (® in person, ® by phone, ® by computer), pay for services (® in person, ® by phone, ® by computer), get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept. ® You may not exceed more than $ 1,000.00 in transactions per day I. ® (e) Computer Transfers. You may access your account(s) by computer by going to www.bankofsantabarbara.com and using your Access ID to: ® Transfer funds from checking to savings ® Transfer funds from savings to checking ❑ Transfer funds from to ❑ Transfer funds from to I.� Make payments from checking to loan accounts with us Make payments from to ❑ Make payments from to ® Get checking account(s) information ® Get savings account(s) information ® Transfer funds between eligible ar.couras. ETM-2-LAZ-CA 7/2/2009 Page 1 of 5 ® (f) Mobile Banking Transfers. You may access your account(s) by web -enabled cell phone by noin-g to _www. Uankofsarotai)arhara.cnm and using your arress i!] to ® Transfer funds from checking to savings ® Transfer funds from savings to checking ❑ Transfer funds from ❑ Transfer funds from to to ❑ Make payments from checking to loan accounts with us ❑ Make payments from to ❑ Make payments from to ® Get checking account(s) information ® Get savings account(s) information ® Transfer funds between a QUe accounts. El ❑ You may be charged access fees by your cell phone provider based on your individual plan. Web access is needed to use this service. Check with your cell phone provider for details on specific fees and charges. ® (g) Electronic Fund Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic fund transfers between your account and the third party's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check to an electronic fund transfer or to electronically pay a returned check charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and financial institution information. This information can be found (on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your financial institution and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to: ® Electronic check conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to pay for purchases or pay bills. You may: ❑ Not exceed more than payments by electronic check per, ❑ Make payments by electronic check from . Payments are limited to per ® Electronic returned check charge. You may authorize a merchant or other payee to initiate an electronic fund transfer to collect a charge in the event a check is returned for insufficient funds. You may: ❑ Make no more than payments per for electronic payment of charges for checks returned for insufficient funds. ❑ Make electronic payment of charges for checks returned for insufficient funds from Payments are limited to per I� GENERAL LIMITATIONS In addition to those limitations on transfers elsewhere described, if any, the following limitations apply: ® Transfers or withdrawals from a money market and/or savings account to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party, are limited to statement period pelsix If you exceed the transfer limitations set forth above, your account shall be subject to closure. Electronic Fund Transfers Disclosure -CA ETM-2-LAZ-CA 7/2/2009 Bankers Systams TM Wolters Kluwer Financial Services © 1980, 2009 Page 2 of 5 ❑ II PREAUTHORIZED PAYMENTS (a) Right to stop payment and procedure for doing so. If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here's how: Call or write us at the telephone number or address listed in this disclosure, in time for us to receive your request 3 business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and FEES get it to us within 14 days after you call. ❑ We charge each ® We charge $25.00 for each stop payment. to our customers whose accounts (b) Notice of varying amounts. If these regular payments may vary in amount, the person you are going to pay will tell you, 10 are set up to use days before each payment, when it will be made and how much it • will be. (You may choose instead to get this notice only when the ❑ We charge each payment would differ by more than a certain amount from the but only if the previous payment, or when the amount would fall outside certain balance in the limits that you set.) falls below (c) Liability for failure to stop payment of preauthorized transfer. If you order us to stop one of these payments 3 business days or during the more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. Except as indicated above, we do not charge for Electronic Fund Transfers. ATM Operator/Network Fees: When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer). DOCUMENTATION (a) Terminal Transfers. You can get a receipt at the time you make a transfer to or from your account using a(n) ❑ automated teller machine ❑ point -of -sale terminal. ® You may not get a receipt if the amount of the transfer is $15 or less. (b) Preauthorized Credits. If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company, you can call us at the telephone number listed below to find out whether or not the deposit has been made. (c) In addition, ® You will get a monthly account statement from us, unless there are no transfers in a particular month. In any case you will get a statement at least quarterly. ❑ You will get a quarterly statement from us on your savings account if the only possible electronic transfer to or from the account is a preauthorized credit. ❑ If you bring your passbook to us, we will record any electronic deposits that were made to your account since the last time you brought in your passbook. FINANCIAL INSTITUTION'S LIABILITY (a) Liability for failure to make transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance: ♦ If, through no fault of ours, you do not have enough money in your account to make the transfer. ♦ If the transfer would go over the credit limit on your overdraft line. i If the automated teller machine where you are making the transfer does not have enough cash. ♦ If the terminal or system was not working properly and you knew about the breakdown when you started the transfer. ♦ If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken. ♦ There may be other exceptions stated in our agreement with you. CONFIDENTIALITY We will disclose information to third parties about your account or the transfers you make: (1) where it is necessary for completing transfers; or (2) in order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant; or (3) in order to comply with government agency or court orders; or (4) ❑ if you give us written permission. ® as explained in the separate Privacy Disclosure. Electronic Fund Transfers Disclosure -CA ETM-2-LAZ-CA 7/2/2009 Bankers S•;srems TM Wolters Klu%ver Financial Services © 1980, 2009 Page 3 of 5 UNAUTHORIZED TRANSFERS (a) Consumer Liability. ♦ Generally. Tell us at once if you believe your card and/or code has been lost or stolen, or if you believe that an electronic fund transfer has been made without your permission using information from your check. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If you believe your card and/or code has been lost ❑r stolen, and you tell us within 2 business days after you learn of the loss or theft of your card and/or code, you can lose no more than $5❑ if someone used your card and/or code without your permission. Also, if you do NOT tell us within 2 business days after you learn of the lass or theft of your card and/or code, and we can prove we could have stopped someone from using your card and/or code without your permission if you had told us, you could lase as much as $500. Also, if your statement shows transfers that you did not make, including those made by card, code or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time, If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time period. ® Visa® Debit Card. Additional Limits on Liability for unauthorized transfers . Your liability is further limited if your card can be used to initiate a transaction for which you are not required to provide identifying information, such as a Personal Identification Number. You could lose all the money in your account. Your liability for the unauthorized use of your card will be no more than $50 if you notify us of the unauthorized use. In addition, when used in point -of -sale transactions, and unless you have been grossly negligent or have engaged in fraud, you will not be liable for any unauthorized transactions if your card is lost ❑r stolen. This limit on liability does not apply to ATM transactions or to transactions using your PIN which are not processed by Visa. If you fail to notify us of an unauthorized use that appears on a periodic statement within 60 days of our transmittal of the statement, and we can establish that we could have prevented the unauthorized use if you had notified us within this period, you will be liable for each unauthorized transfer (other than Visa, point -of -sale transactions) that occurs after the close of the 60 days and before you give us notice. Visa is a registered trademark of Visa International Service Association. If you fail to notify us because of extenuating circumstances beyond your control that contributed to your delay in notifying us, such as a serious physical impairment or hospitalization, this time period may be extended. Ll MasterCard® Debit Card. Additional Limits on Liability for . Your liability is further limited if your card can be used to initiate a transaction for which you are not required to provide identifying information, such as a Personal Identification Number. You could lose all the money in your account. Your liability for the unauthorized use of your card will be no more than $50 if you notify us of the unauthorized use. However, you will not be liable for any point -of -sale transactions, if: (i) you can demonstrate that you have exercised reasonable care in safeguarding your card from the risk of loss or theft, (ii) you have not reported to us two or more incidents of unauthorized use within the prior twelve-month period, and (iii) your account is in good standing. If any of these conditions are not met, your liability is the lesser of $50 or the amount of money, property, labor, or services obtained by the unauthorized use before notification to us. This additional limit on liability does not Electronic Fund Transfers Disclosure -CA Hankers SyatarnsTM wollars Kluwer Financial Services © 1980, 2009 ❑■ apply to ATM transactions or to transactions using your Personal Identification Number which are not processed by MasterCard. If you fail to notify us of an unauthorized use that appears on a periodic statement within 60 days of our transmittal of the statement, and we can establish that we could have prevented the unauthorized use if you had notified us within this period, you will be liable for each unauthorized transfer (other than MasterCard, point -of -sale transactions) that occurs after the close of the 60 days and before you give us notice. Regardless, your liability for unauthorized point -of -sale transactions will be no more than $50, as described above. MasterCard is a registered trademark of MasterCard International Incorporated. If you fail to notify us because of extenuating circumstances beyond your control that contributed to your delay in notifying us, such as a serious physical impairment or hospitalization, this time period may be extended. If you fail to notify us because of extenuating circumstances beyond your control that contributed to your delay in notifying us, such as a serious physical impairment or hospitalization, this time period may be extended. (b) Contact in event of unauthorized transfer. If you believe your card and/or code has been lost or stolen, call or write us at the telephone number or address listed at the end of this disclosure. You should also call the number or write to the address listed at the end of this disclosure if you believe a transfer has been made using the information from your check without your permission. ERROR RESOLUTION NOTICE In Case of Errors or Questions About Your Electronic Transfers, Call or Write us at the telephone number or address listed below, as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared. (1) Tell us your name and account number (if any). (2) Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. (3) Tell us the dollar amount of the suspected error. If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days. We will determine whether an error occurred within 10 business days (5 business days if involving a Visat"� point -of -sale transaction processed by Visa or 20 business days if the transfer involved a new account) after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days (90 days if the transfer involved a new account, a point -of -sale transaction, or a foreign -initiated transfer) to investigate your complaint or question. If we decide to do this, we will credit your account within 10 business days (5 business days if involving a Visa point -of -sale transaction processed by Visa or 20 business days if the transfer involved a new account) for the ETM-2-LAZ-CA 7/2/2009 Page 4 of 5 amount you think is in error, so that you will have the use of the ADDITIONAL INFORMATION: money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not credit your account. An account is considered a new account for 30 days after the first deposit is made, if you are a new customer. We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation. By signing below customer acknowledges receipt of pages 1, 2, 3, 4 and 5 of this notice. Signed Dated INSTITUTION (name, address, telephone number, business days) THE BANK OF SANTA BARBARA 12 E FIGUEROA ST SANTA BARBARA CA 93101 (8051730-7860 Our Business Days are Monday through Friday 9:00 am - 5:00 pm Excluding Federal Holidays. Electronic Fund Transfers Disclosure -CA ETM-2-LAZ-CA 7/2/2009 Bankers SySlains TM Wolters Kluwer Financial Services © 1980, 2009 Page 5 of 5 ThE BANK OF SANTA BARBARA 12 E FIGUEROA ST SANTA BARBARA CA 93101 TRUTH IN SAVINGS DISCLOSURE FOR TIME ACCOUNTS Terms following a ❑ apply only if checked. Acct: CERTIFICATE OF DEPOSIT Acct #: Date: 09/29/2015 N The interest rate and annual percentage yield stated below are accurate as of the date printed above. If you would like more current rate and yield information please call us at (8051730-7815 0 This disclosure contains the rules which govern your deposit account. Unless it would be inconsistent to do so, words and phrases used in this disclosure should be construed so that the shigular indurles the plural and the plural includes the singular. N FIXED RATE: N The interest rate for your account is .45 % with an annual percentage yield of .45% %. We will pay this rate for 12 Months ❑ The interest rate and annual percentage yield for your account depend upon the applicable rate tier. We will pay these rates ❑ VARIABLE RATE: ❑ The interest rate for your account is % with an annual percentage yield of %. Your interest rate and annual percentage yield may change. ❑ The interest rate and annual percentage yield for your account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change. Determination of Rate: ❑ At our discretion, we may change the interest rate on your account. ❑ The interest rate for your account ❑ The fixed initial rate is not determined by this rule. ❑ The initial interest rate on your account Subsequent rates Frequency of Rate Change: ❑ We may change the interest rate on your account N Your initial interest rate will not change for the account term We may change the interest rate on your account at that time and thereafter. Limitations on Rate Changes: ❑ The interest rate for your account will not by more than each ©1992 Bankers Systems, Inc., St. Cloud, MN Form TSD-TIME 6/17/2005 ❑ The interest rate will not be less than or more than %. ❑ The interest rate will not the interest rate initially disclosed to you. o� COMPOUNDING AND CREDITING: N Frequency -Interest will be compounded daily Interest will be credited Monthly N Withdrawal of Interest Before Maturity. The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. ❑ Required Interest Distribution. This account requires the distribution of interest and does not allow interest to remain in the account. ❑ Effect on Closing an Account. If you close your account before interest is credited, you receive the accrued interest. MINIMUM BALANCE REQUIREMENTS: N To Open the Account. You must deposit at least $ 100,0D to open this account. N To Obtain the Annual Percentage Yield Disclosed. N You must maintain a minimum balance of $ .01 in the account each day to obtain the disclosed annual percentage yield. ❑ You must maintain a minimum average daily balance of $ to obtain the disclosed annual percentage yield. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is BALANCE COMPUTATION METHOD: N Daily Balance Method. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. ❑ Average Daily Balance Method We use the average daily balance method to calculate interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by addin.9 the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is ACCRUAL OF INTEREST ON NONCASH DEPOSITS: ❑ Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). ❑ Interest begins to accrue you deposit noncash items (for example, checks), MATURITY DATE: N Your account will mature on 09129/2016 ❑ Your account will mature in ❑ We may accelerate the maturity or call this account, at our option, (page 1 of 2) ❑ Your account has no definite maturity date. To withdraw any or part of this deposit without penalty, we must receive at least written notice from you of your intention to make a withdrawal. The notice must specify the exact amount and date of the intended withdrawal. Interest will no longer accrue after the withdrawal date specified in your notice on the amount specified in your notice. We may terminate this account by mailing a notice to you of our intention to terminate at least ten days before the termination date. The date of intended withdrawal of the last funds in the account, or the termination date, is considered to be the maturity date. TIME DEPOSIT WITHDRAWAL LIMITATIONS: ❑ Principal- ❑ interest ❑ interest Timing: You can withdraw interest EARLY WITHDRAWAL PENALTY: A penalty ❑ may ❑ will be imposed for withdrawals before maturity. The penalty will be an amount equal to: ❑ Seven days' interest on the amount withdrawn if the withdrawal is made within the first six days after the deposit. ❑ 180 days' interest on the amount withdrawn ❑ 90 days' interest on the amount withdrawn N 30 days' interest on the amount withdrawn ❑ The interest rate we will use to calculate the interest forfeiture will be: We will charge the penalty first against any interest then in the account, and any excess will be deducted from the amount you withdraw. ❑ If you withdraw some of your funds before maturity, the interest rate for the remaining funds in your account will be % with an annual percentage yield of °k. ❑ Minimum Balance Accounts. We reserve the right to treat any withdrawal which would reduce the balance remaining in the account below the required minimum initial deposit or minimum balance as a withdrawal of the entire account balance and calculate the amount of the penalty accordingly. In certain circumstances, such as the death or incompetence of an account owner, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax -deferred savings plan. ADDITIONS TO ACCOUNT: ❑ You may make no more than deposits into your account each ❑ You may only make deposits into your account ❑ You may make unlimited deposits into your account. ❑ You may not make any deposits into your account until maturity. ❑ The minimum amount you can deposit is S ❑ The maximum amount you can deposit is $ RENEWAL POLICY: ❑ Single Maturity: This account will not renew automatically at maturity. If you do not renew the account, N Automatic Renewal: This account will automatically renew at maturity. N You will have Ign days after the maturity date to withdraw funds without penalty. ❑ Exceptions to Automatic Renewal.- This account will not renew if you withdraw the funds on the maturity date or if we receive written notice from you on or before the maturity date of your intention not to renew. ❑ There is no grace period following the maturity of this account to withdraw funds without penalty. RENEWAL TERMS: N Same Term As Original.- Each renewal term will be the same as the original term, beginning on the maturity date. ❑ ❑ifferent Term: Each renewal term will be , beginning on the maturity date. RENEWAL INTEREST CALCULATION: N Same Interest Calculation: Interest will be calculated on the same basis as during the original term. ❑ Different Interest Calculation: The interest rate will BONUSES: ❑ You will as a bonus ❑ You must maintain a minimum of $ to obtain the bonus. ❑ To earn the bonus, ❑ PRE -MATURITY NOTICE: Your account will mature on If the account renews, the new maturity date will be ❑ The interest rate for the renewed account will be % with an annual percentage yield of ❑ The interest rate and annual percentage yield have not yet been determined. They will be available on Please call to learn the interest rate and annual percentage yield for your new account. ❑ ADDITIONAL TERMS: / v rLJ� ©1992 Bankers Systems, Inc., St. Cloud, MN Form TSD-TIME 6/17/2005 /page 2 of 2/ IMPORTANT INFORMATION ABOUT YOUR CHECKING ACCOUNT Substitute Checks and Your Rights What is a substitute check? To make check processing faster, federal law permits banks to replace original checks with "substitute checks." These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of a substitute check states: "This is a legal copy of your check. You can use it the same way you would use the original check." You may use a substitute check as proof of payment just like the original check. Some or all of the checks that you receive back from us may be substitute checks. This notice describes rights you have when you receive substitute checks from us. The rights in this notice do not apply to original checks or to electronic debits to your account. However, you have rights under other law with respect to those transactions. What are my rights regarding substitute checks? In certain cases, federal law provides a special procedure that allows you to request a refund for losses you suffer if a substitute check is posted to your account (for example, if you think that we withdrew the wrong amount from your account or that we withdrew money from your account more than once for the same check). The losses you may attempt to recover under this procedure may include the amount that was withdrawn from your account and fees that were charged as a result of the withdrawal (for example, bounced check fees). The amount of your refund under this procedure is limited to the amount of your loss or the amount of the substitute check, whichever is less. You also are entitled to interest on the amount of your refund if your account is an interest -bearing account. If your loss exceeds the amount of the substitute check, you may be able to recover additional amounts under other law. If you use this procedure, you may receive up to $2,500.00 of your refund (plus interest if your account earns interest) within 10 business days after we received your claim and the remainder of your refund (plus interest if your account earns interest) not later than 45 calendar days after we received your claim. We may -reverse the refund (including any interest on the refund) if we later are able to demonstrate that the substitute check was correctly posted to your account. How do I make a claim for a refund? If you believe that you have suffered a loss relating to a substitute check that you received and that was posted to your account, please contact us at: THE BANK OF SANTA BARBARA 12 E FIGUEROA ST SANTA BARBARA CA 93101 (805)730-7860 You must contact us within 40 calendar days of the date that we mailed (or otherwise delivered by a means to which you agreed) the substitute check in question or the account statement showing that the substitute check was posted to your account, whichever is later. We will extend this time period if you were not able to make a timely claim because of extraordinary circumstances. Your claim must include — ♦ A description of why you have suffered a loss (for example, you think the amount withdrawn was incorrect); ♦ An estimate of the amount of your loss; ♦ An explanation of why the substitute check you received is insufficient to confirm that you suffered a loss; and ♦ A copy of the substitute check or the following information to help us identify the substitute check: LL<E 6 © Bankers Systems, Inc., St. Cloud, MN Form C21-DISC-LAZ 8/27/2004 (page 1 of 1) GUARANTEE to City of San Luis Obispo I, the undersigned, hereby agree to establish a Faithful Performance Bond in favor of the City of San Luis Obispo in the amount of $65,750 to guarantee the completion of certain improvements per City standards, consisting of: Protecting and/or transplanting trees per the approved tree reservation plan and caring for said trees fora period of two years following final inspection approval/occupancy for Buildine Permit # BLDC-5952-2016 the "Building Permit" or abandonment of the project. In the event, I fail to preserve the trees per the tree preservation plan for two years after final inspection approval/occupancy of the Building Permit or abandonment of the project to the satisfaction of the City Arborist, then compensatory trees shall be planted. All plantings that do not survive the required time frame shall be replaced at a rate of 1:1 with 24" box trees in accordance with City Engineering Standards. PROPERTY OWNER or AUTHORIZED AGENT -�1 I Print Name: —Fp- Pgppio Lo Date Title: M#njPr6j #wc-1 meywze., APPROVED: CITY OF SAN LUIS OBISPO � T . AmTrust Surety rw 17771 Cowan, Suite 100 • Irvine, California 92614 • (949) 263-3300 AmTrust Surety www.AmTrustSurety.com An AmTrust Financial Company SUBDIVISION IMPROVEMENTS PERFORMANCE BOND BOND NO. $1,184.00 premium is for a term of two year(s) KNOW ALL MEN BY THESE PRESENTS: That we, Covelop Holdings, LLC , as Principal, and Developers Surety and Indemnity Company , a corporation organized and doing business under and by virtue of the laws of the State of California and duty licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto the City of San Luis Obispo as Obligee, in the penal sum of sixty-five thousand seven hundred fifty and no/100 ----- ($ 65, 750.00 ) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally firmly by these presents. THE CONDITION OF THE OBLIGATION IS SUCH THAT: Whereas the Obligee and Principal have entered into an agreement whereby Principal agrees to install and complete certain designated subdivision improvements, which agreement, identified as Guarantee between the City of San Luis Obispo and Covelop Holdings, LLC in relation to Building Permit #BLDG-5952-2016 , is hereby referred to and made a part hereof; and Whereas, said Principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now therefore, the condition of this obligation is such that if the above bounden Principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, well and truly keep and perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless Obligee, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect. As a part of the obligation secured hereby and in addition to the penal sum specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by Obligee in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anywise affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications. In witness whereof, this instrument has been duly executed by the Principal and Surety above named on, November 16, 2017 PRINCIPAL: Covelop Holdings, LLC 1D-1092 (CA) Subdivision Performance Bond (Rev. 03/17) Developers Sure and ndemnity Company 4. -71 �.c-tom Lindsay Sutton Attorney -in -Fact POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO Box 19725, IRVINE, CA 92623 (949) 263-3300 KNOW ALL BY THESE PRESENTS that except as expressly limited, DEVELOPERS SURETYAND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, do each hereby make, constitute and appoint: ***Barbara Lindsay Sutton, Kerry Morris, Gene M. Garritano, Martine Domingues, J. Brendan Morris, Gabe Garcia, jointly or severally*** as their true and lawful Attorney(s)-in-Fact, to make, execute, deliver and acknowledge, for and on behalf of said corporations, as sureties, bonds, undertakings and contracts of suretyship giving and granting unto said Attomey(s)-in-Fact full power and authority to do and to perform every act necessary, requisite or proper to be done in connection therewith as each of said corporations could do, but reserving to each of said corporations full power of substitution and revocation, and all of the acts of said Attorney(s)-in-Fact, pursuant to these presents, are hereby ratified and confirmed. This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Boards of Directors of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, effective as of January 1st, 2008. . RESOLVED, that a combination of any two of the Chairman of the Board, the President, Executive Vice -President, Senior Vice -President or any Vice President of the corporations be, and that each of them hereby is, authorized to execute this Power of Attorney, qualifying the attorney(s) named in the Power of Attorney to execute, on behalf of the corporations, bonds, undertakings and contracts of suretyship; and that the Secretary or any Assistant Secretary of either of the corporations be, and each of them hereby is, authorized to attest the execution of any such Power of Attorney; RESOLVED, FURTHER, that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporations when so affixed and in the future with respect to any bond, undertaking or contract of suretyship to which it is attached. IN WITNESS WHEREOF, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused these presents to be signed by their respective officers and attested by their respective Secretary or Assistant Secretary this 6th day of February, 2017. By '�' Daniel Young, Senior Vice -President By: _ Mark Lansdon, Vice -President T State of California County of Orange qY AN01 ''•, �pPANYQ 3�t' Ran;�Fy A� 04�'��� CF a : 1936 r �G OCT. 6 � 1Qe7 o A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validi!x of that document. On February 6, 2017 before me, Lucille Raymond Notary Public Date Here Insert Name and Title of the officer personally appeared LUCILLE RAYMOND Commission • 2081945 �a Notary Public - California Orange County My Comm. E lres Oct 13 2016 Place Notary Seal Above Daniel Young and Mark L Name(s) or SIgner(s) who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal, Signature CERTIFICATE Notary Public The undersigned, as Secretary or Assistant Secretary of DEVELOPERS SURETY AND INDEMNITY COMPANY or INDEMNITY COMPANY OF CALIFORNIA, does hereby certify that the foregoing Power of Attorney remains in full force and has not been revoked and, furthermore, that the provisions of the resolutions of the respective Boards of Directors of said corporations set forth in the Power of Attorney are in force as of the date of this Certificate. This Certificate is executed in the City of Irvine, California, this , u*h day of (�Ja r» 2,p I-� iy ANo►No.••• �p1� POY 0 O OCT. 5 By: s w i % n s u 1967 CmIe J. misford, Assistant 5 tary - o : n ►F ATS-1002 (02117) CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189 l H .A VL @..9, . +: c� ,q ,c� s .q': \ .VvY.S\ .m, .S\ .Vi .A .'aM�,i\ .V.i.r_ u=� .�U— �. • •\.�v�: �i\ :: 1Nf.\ .. A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of ScAn LviS 06'1 P% o On N ove-mber I (� , ?A 1-1 before me, Date Were Insert Name and Title of the Officer personally appeared r(a r, Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. KELSEY ELAINE O'HAGAN Notary Public — California San Luis Obispo County a Commission 0 2210131 My Comm, Expires Aug 14, 2021 I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature 0�� gna ure of Notary Public Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: 5-ki6aivt`a�,�1 Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: vC. 7c 02016 National Notary Association • www.NationaiNotary.org • 1-800-US NOTARY (1-800-876-6827) Item #5907 Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ .2 br �'' to guarantee: 11A Z) AFC- POPE rI -d xJ 0 a�AE2- Iq 134ZUDifXy/i&'Xs T d'z'- G/Ti&/77C— 3 _ fT?It /_2L//7IJ66- r. 3' Y G&1r C- 11!!�7r 5I I�l ayl11-111--L at the property commonly known as 7L L S %Al 71, within /96 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN O - X�-419 Lot `f Block Signed Print �� C C-9;, Address S1�--T-� q.-0 � Phone (9SD Tract Date l�l� j z c CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT SECURITY FOR: l business is San Lui Obispo, all right, title, the bany- (Name or in ne ns i ion ASSIGNMENT u'Clerein after called ASSIGNOR whose principal place of Y _do (does) hereby assign, and set over to the City of and interest of whatever nature, of assignor, in and to the insured account of assignor in . evidenced by a Certificate of Deposit in the amount of $-'7�)4!Abo GD numbered '&_ which is delivered to the City of San Luis Obispo hereyvith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal _ T\PDOMV Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assigDalent is given as security for liability for k,) at `� including interest and penalties, and to insure compliance with the applicable p rt or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. DATE f a ignature ignature Printed ame i e nntP ie Tsame itle RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account Is fully insured by the Federal, Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or oblig tion of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: o �� ref _ ►� C� g2go 1 ame o naWa ns - ut on ulty APP J64-11 - t6=164 7�22 gnature d ated momejd le ❑ (STAFF ONLY) Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: /) / �- / k CITY OF SAN LUIS QPISPO By: ]U Comm ity evelopin nt Ddp} . Fiscal Officrr - Signature Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 40 Certificate of Deposit Receipt Rabobank Branch: Account Number: Rabobank, N.A. 1 Certificate Number: P. O. Box 6002 Amount: $2,400.00 Arroyo Grande, CA 93421-6002 Date Opened/Renewed: 09/11/2018 (800) 942-6222 Term: 11 Months Maturity Date: 08/11/2019 Receipt Issued to: William Rollin Reeves Interest Rate: 1.74% [Fbo City Of San Luis Obispo] 1 75% 7040 Lewis Ln Annual Percentage Yield: San Luis Obispo CA 93401-8909 Michelle Toroian Employee Name: Employee Number: K385674 The account evidenced by this receipt is subject to and further explained in the terms and conditions contained in the account agreement and account disclosures. This account is non-negotiable and not transferable. Interest will Compound Monthly Account number (if transferred): Routing number (if externally transferred): and Add On Monthly Member FDIC Certificates of Deposit Truth -In -Savings Disclosure Rabobank Rate Information - Please refer to our Summary of Deposit Rates Offered. You will be paid the disclosed rate until first maturity. Compounding frequency - Interest will be compounded monthly, quarterly or annually. Crediting frequency - Interest will be credited to your account monthly, quarterly, annually or at maturity. Interest can be credited to your account principle; credited directly to your Rabobank, N.A. Checking, Money Market or Savings Account; or credited to another bank account outside of Rabobank, N.A. The frequency of compounding and crediting of interest will be determined and disclosed at the time the account is opened. Minimum balance to open the account - See Schedule of Fees and Minimum Balances. Daily balance computation method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Accrual of interest on noncash deposits - Interest begins to accrue on the business day you deposit noncash items (for example, checks). Transaction limitations: • You may make deposits into your IRA certificate of deposit at any time. You may not make deposits into any other certificate of deposit before maturity. • You may not make withdrawals of principal from your account before maturity without penalty- • You can withdraw interest before maturity if you make arrangements with us for periodic payments of interest in lieu of crediting. Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity) - • If your account has an original maturity equal to 29 days or less: The fee we may impose will equal seven (7) days interest on the amount withdrawn subject to penalty at the rate in effect at the time of the early withdrawal. • If your account has an original maturity of 30 days to 90 days: The fee we may impose will equal 30 days interest on the amount withdrawn subject to penalty at the rate in effect at the time of the early withdrawal. • If your account has an original maturity of more than 90 days to one (1) year: The fee we may impose will equal three (3) months interest on the amount withdrawn subject to penalty at the rate in effect at the time of the early withdrawal. • If your account has an original maturity of more than one (1) year: The fee we may impose will equal six (6) months interest on the amount withdrawn subject to penalty at the rate in effect at the time of the early withdrawal. In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax -deferred savings plan. Rabobank, N.A. Member FDIC (05/17) �a a D i I �r �D0®6o33 �C'neq, -65i4, -zCr(to Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ /6,D60,00to guarantee: F G .51� A-) 60 )V G , s� Cam: ,JIrfl Sr IF �- L� �s -7 �9 5ys cTr) d at the property commonly known as.b'r -2492 Ve 7?G P6-D5f-/ rithin r days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. 06q-84,�-DV3 APN 1,,)d'f-q2'-' - 6V lot Block Signed Print .r Loa Address 3-S elc- ��o, Phone Tract Date 2/,"?///n - .r CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR:nA s herein after called ASSIGNOR whose principal place of business Is t O do (does) hereby assign, and set over to the City of San Lui ❑bi po, all right, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in the ► evidenced by a Certificate of Deposit In .the amount of (Name ar rIanc ' u coo $<0 numbered _ which is delivered to the City of San Luis Obispo fierPwith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal _ _t� oaf,, Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, colleand withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This amignment is given as s�ecu�ity for liability for u ' d - "' 7 including interest Ad penalties, and to insure compliance with the applicable pa or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. �■tom= T� r: r nnted Name/Title RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown b the above assignment and have retained a copy of this sheet_ We certify that this account is fully insured. by the Federal D Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obiiga ion of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: am9 or Finawill miti rp EVP 14_4 o MR= mrnm I we El Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings- on the above - identified account to the above -named assignor. DATED: / r rD / CITY O - AN LUIS O 1 PO By: r_ Mnifty opozens Dept. ?sc 01 iuflker- stzaahre Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 Certificate of Deposit Signature Card Opened: 12l15l2016 _ Term: 180 Days _ . ID: Tia81-3725668 Number: 15200601 Dollar Amount IXTEEN Office Heritage Oaks Bank i 1035 State Street Santa Barbara, CA 93101 By i Minimum Balance Requirement. You must make a minimum deposit to open this account of $1000.00 ❑ You must maintain this minimum balance on a daily basis to earn the annual percentage yield disclosed. Withdrawals of Interest. Interest ❑ accrued 50 credited during a term can be withdrawn: _ Early Withdrawal Penalty, if we consent to a request for a withdrawal that is otherwise not permlited you may have to pay a penalty. The penalty will be an amount equal to: 180 days at Current Interest rate _ interest on the amount withdrawn. Renewal Policy ❑ Single Maturity. If checked, this account will not automatically renew. Interest ❑ will ❑ will not accrue after maturity, ® Automatic Renewal, If checked, this account will automatically renew on the maturity date. interest ❑ will IZ will not accrue after final maturity. Account Ownership, You have requested and intend the type of account marked below. ❑ Individual ❑ Joint Account D Joint - Husband and Wife (with right of survivorship) ❑ Community Property - Husband and Wife CD Tenancy in Common ❑ Trust: Separate Agreement Dated It LLC ❑ Totten Trust or Cl Pay on Death Designation as defined in this agreement (Beneficiaries' names and addresses) Backup Withholding Certifloatlona (ff not a `U.& Person'. certify ror0gn status separately) 9) Taxpayer I.D. Number - TIN: _ 1-3725866 The Taxpayer Ideailftcatlon shown 1s my correct taxpayer Identiftcatlon number. It Backup Withholding. I atn not sul{ ect to backup wMiItold tng either because i Its ve not becrt nntiiied drat J am subject to backup willtholdiug as a result of a failure to report all 101-01 or dividends, at thu Inwmal Revenue Service tuts notified me that I tuft no longer subject to backup withholding. FATCA Code. The FATCA code entered on this form (if any) indicating that I am exempt from FATCA reporting la correct. Signature. I certify under penaltias- of perjury that the statements made in this sects -are true sad that I am a U.S. citizen or other U (as defined in the insi uctio ) X (Dale) Signatures. I agree refill; restated on page one and page two, X X X sanxa(s 6yTt 117a�t1 MaP@�� AQ(aemant CA Read Pape Two for Additional Tirms CD.AA.LAZ•CA 311512016 svotts,ex�urr�r FrnsncietSorvlcea ®$0t6 AUDIT COMPLETE Page 1 of 2 By: Esmeralda Fuerte [HOB\efuertel On: 20170104 09:58:46 mean the issuer of this account and "you" and "your" mean the depositor(s). "Account" means the original certificate of deposit as well as the deposit it evidences. Transfer. "Transfer" means any change in ownership, withdrawal rlghis, or survivorship rights, including (but net limited to) any pledge or assignment of this account as collateral. You cannot transfer this account without our written consent. Primary Agreemant. You agree to keep your funds with us In this account until the maturity date. (An automatically rcmewable account matures at regular Intervals,) You may not transfer this account without first obtaining our written consent. You must present this certificate when you request it withdrawal or a transfer, This account is void if tine deposit is made by any method requiring collection (such as a check) and the deposit is not immediately collected in Aril. If the deposit Is made or payable hi a foreign currency, the amount of the deposit will be adjusted to reflect final exchange into U.S. dollars, We may change any term of this agreement, Rules governing changes in Interest rates have been provided. For other changes we will give you reasonable notice in writing or by any other method permitted by law, If any notice is necessary, you all agree that the notice will be sufficient if we mail it to the address listed on page one of this form. You must notify us of any change, Withdrawals and Transfers. Only those of you who sign the permanent signature card may withdraw funds from this account, On appropriate cases, a court appointed representaLive, a beneficiary of a trust or pay -on -death account whose right of withdrawal has matured, or a newly appointed and authorized representative of a legal entity may also withdraw from this account.) The specific number of you who must agree to any withdrawal la written on page one in the section bearing the title Number of Endorsements, This means, for example, that if two of you sign the signature crud but only one endorsement is necessary for withdrawal then either of you may request withdrawal of the entire account at any time. Unless otherwise specified in writing, only one endorsement is required to withdraw funds from this account. These same rules apply to define the names and the number of you who can request our consent to a transfer, Pledges, Any pledge of this account (to which we have agreed), must first be satisfied lit --fare the rights of any joint account survivor, pay -on -death bencficiary or trust acccunt beneficiary hecomc effective, For example, if one joint tenant pledges the account for payment of a debt and then dies, the surviving joint tenant's rights in this account are subject first to the payment of the debt. Ownership of Account and Beneficiary Designation, You intend these rules to apply to this account depending on the form of ownership and beneficiary designation, if any, specified on page I. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds. Individual Account. This account is issued to one person who does not intcnd (merely by opening this account) to create any survivorship rights in any other person. Joint Account. ']'his acaouW is owned by the named parties, Upon the death of any of flicm, ownership passes to the survivor(s). Joint Accounl - of Husband and Wife With Right of Survivorship. This account Is owned by the named parties, who arc husband and wife, and is presumed to be their community property. Upon the death of either of them, ownership passes to the survivor. Community Property Account of Husband and Wife, This account is the community property of the named parties who are husband and wife. The ownership during lifetime and alter the death of a spouse Is determined by the law applicable to community property generally and may be aftectud by ;t will. Tenancy In Common Account. This account Is owned by the na.ned parties as icnants in coinrnon. Upon the death of any party, The ownership inlcrtst Of that party passus to the named pay-on•deatli payee(s) of that P.O.D. Account Wlnh Multlpla Parties, This account is owned by the named partlea, Upon the death of any of them, ownership passes to the survivor(s). Upon the death of all of them, ownership passes to the named payon-death payce(s). Whether die P,O.D. Account Is with single party or multiple parties, if ownership passes to more dian one beneficiary, any such beneficiary may withdraw all or any part of the account balance. Totten Trust Account. (subject to this form) -If two or more oryou create this account, you own the account jointly with survivorship. Beneficiaries acquire the right to withdraw only IF(I) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficlaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. Any such beneficiary may withdraw all or any part of the account balance, She person(s) creating either of these account types reserves the right to; (1) change beneficiaries; (2) change account types; and (3) withdraw all or part of the deposit at any time, Trust Account Subject to Separate Agreement, We will abide by the terms of any separate agreement which clearly pertains to this a, -Mini and which you file with us. Any additional consistent terms stated on this form will also apply. Set -Off. You each agree that we may (without prior notice and when permitted by law) set off the funds In this account against any due and payable debt owed to us now or In the future, by any of you having the right of withdrawal, to the extent of such PCrson' 8 or legal entity's riglit 10 withdraw. The amount of the set-off may be Nnher llmlted by applicable law. if the debt arises from a not0, "any due and payable debt" includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off. Including any balance the due date for which we property aeceleratt: under the note. This right of set-off does not apply to this account if- (a) it is an Individual Retirement Account or other tax-dektred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan, or (c) the debtor's right of withdrawal arlses only in a representative capacity. You agree to hold us harmless from any claim arising as a result of our exercise of our right of set-off, Balance Computation Method, We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. Transaction Limitations. You Cannot make additional deposits to this account during a term (other than credited interest). You cannot withdraw principal from this account without our consent except on or after maturity. (For accounts that aulomatically renew, there is a grace period after caeb renewal date during which withdrawals are permitted without penalty,) In certain circumstances, such as the death or incompetence of an account owner, the law permi(s, or In some cases requires, the waiver cf the early withdrawal penalty. Other exceptions may also apply, for example, If this is part of an IRA or other tax -deferred savings plan, For Accounts that Automatically Renew. Each renewal term will be 180 Days_ , beginning on the maturity date (unless we notify you, in writing, before a maturity date, of a different term for renewal). You must notify us in writing before, or within a 10 day grace period after, the maturity date if you do not want this account to automatically renew. Interest earned during one term that is not withdrawn during or immediately after that term is added to principal for the renewal term, The rate for each renewal term will be determined by us on or just before the renewal date, You may call us on or shortly before the mauirit)' date and we can tell you what the interest rate will be, for the next renewal terns, On acwunts with leans of longer than one month we will remind you in advance of the rclicwal and tell you when the rate will be known for the renewal period, party, or, if none, to the estate of that party, Sec your pall disclosure if ibis account is part of an IRA D, Keogh, P.O.D. Account with Single Party. This account Is owned by the named party. Upon the death of that party, ownership passes to the named pay -on -death payee(s). Cenillosu of Deposit/Aw unt Aprasment-CA 9apksre Kcie,rne tk VMP W Wallow xy, Finsncial Seryicas ®2010 CD.AA.LAZ•CA 3/1512015 Gape 2 of 2 Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ V06 to guarantee: at the property commonly known as ?:;�re4a. rf� within _30 days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN Lot Sign Print Block Tract ed Date `f I/- Address _� Le��,� cA 9s spa/ Phone Cohen, Rachel From: Cohen, Rachel Sent: Wednesday, September 19, 2018 2:18 PM To: 'Michael Burke' Cc: Hannula, Hal; Jim Rendler Cox, Rebecca Subject: RE: Iron Works C of O update Hi Michael - Thank you for providing the estimates. The total I got was $35,800. We add 10% for contingency ($3,580). In total the CD will be for $39,400 (rounded to the nearest 100). 1 have the paperwork available for you to pick up at our office to fill out and provide the necessary information from your bank. You can pick up this packet from our front receptionist. I will be out of the office tomorrow (Thursday) and Friday and will follow up with you regarding the CD on Monday. If you have any questions in the interim regarding the forms for the CD, please contact Rebecca Cox at rcox(cD-slocity.org. Thank you, Rachel Cohen Associate Planner oCITY OF tvL1 t � s Community Development 919 Palm Street, San Luis Obispo, CA 93401-3218 E rcohen@slocity.org T 805.781.7574 slocity.org From: Michael Burke <MBurke @haslo.org> Sent: Friday, September 14, 2018 10:03 AM To: Cohen, Rachel <rcohen@slocity.org> Cc: Hannula, Hal <hhannula@slocity.org>; Jim Rendler Gmail <rendlerjim@gmail. Iron Works C of 0 update Hi Rachel, Here are the estimates, we will likely do a CD as opposed to a bond (time constraints on obtaining a bond), if that's okay with you? Metal awnings $10000.00 Playground $4000 Trash gates on west trash enclosure $2000 Landscape will be 50% installed $15000 (All plants and material on site. Main lines and controller will be installed by end of month and planting will be in progress) Community room $1000 (This is only for the bathroom) Landscape fencing $3000 Gutter down spouts This item is now scheduled to be done Bike lane striping on broad $800 Street trees and associated frontage landscape The cost is included with the 50% landscape. We have all plants and material on -site and it would only be labor to install. That is included with the $15000 Thank you, Michael B. Burke Director of Construction and Development HASLO / Housing Authority of Son Luis Obispo ph: 805.594.5330 fax: 805.595.1372 Visit our website at www.hoslo.org H,s�o "Notice of Privacy" This information is private and confidential and intended solely for the person or persons addressed herein. If you have received this communication in error, immediately notify sender and destroy/delete any copies of this e-mail. Thank you for your compliance. From: Cohen, Rachel [mailto:rcohen@slocit .ora] Sent: Thursday, September 13, 2018 1:11 PM To: Michael Burke Cc: Hannula, Hal; Jim Rendler Subject: RE: Iron Works C of 0 update Hi Michael - We can look at doing a bond for the remaining items. Please provide me with cost estimates for each of the items. I also want to add to this list the installation of the street trees/landscaping. I am still waiting for verification from Public Works that the proposed plan will work. But in the interim, we can move forward with what is proposed. Please let me know if you have any questions. Thank you, Rachel Cohen Associate Planner 2 -4ko-w- PACIFIC WESTERN BANK Date 9/26/18 Bank Reference Number Irrevocable Letter of Credit Pacific Western Bank, being a financial institution which is subject to regulation by the State of California or by the Federal government, as issuer of this irrevocable Letter of Credit, on behalf of its customer, Iron Works Apartments, LP, hereby establishes this Letter of Credit in favor of The City of San Luis Obispo In the amount of Thirty Nine Thousand Four Hundred Dollars($39,400), payable upon written notice from the beneficiary through its Director of Finance that the entire sum, or a portion thereof, is due. This Credit is available in portions at the discretion of the beneficiary. This credit is non- transferable and non -assignable. This Letter of Credit is issued in accordance with and shall be interpreted in accordance with Division 5 of the California Commercial Code (Section 5101, et seq.) and the rights of all parties shall be governed thereby. This Credit will expire at midnight on December 26th 2018. This Letter of Credit shall be automatically extended for additional one year period(s) from each present or future expiration date. Datedthis 26th day of September, 2018 atSan LuisObispo, California. Pacific ster Ban 4 by. Nathan Roddick, Senior Vice President By: Iron arks Apart P 1001 Marsh Street, San Luis Obispo, CA 93401 Phone: 805-541-9200 805- 545-5743 www.pacificwesternbank.com CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT ASSIGNMENT SECURITY FOR: Iron Works Apartments LP herein after called ASSIGNOR whose principal place of business is 487 .Leff St San Luis Obispo CA_93401 do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in the Pacific Western Bank evidenced by a Certificate of Deposit in the amount of Ytahana llris4l mn $ 39,400.00 _ numbered 175530 which delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal Deposit Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for: at including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor herr7by n tifies the above -named financial institution of this assignment. DATED: e— signature Printea Vam im I Ris FrInled NameffMe RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal Deposit . Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: yell I ?I Pacific Western Bank 1001 Marsh St San Luis Obispo CA 93401 8m9 0 1 K18 n8 OR .... 'vl V r&WMI�1L' � � �L=�--►4� � tGC A ►�Vi ure auur. me e RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: I I 27 [;L4 CITY OF SAN LUIS OBISPO By: — -- mun Sea car- gn5`C'"Ture Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 2-11-05 ���muiauulll��ln'�IIIIIII City of san tuts osispo GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ❑ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter of Credit or Certificate of Deposit, the sum of $ ., ` U ( 1U to guarantee: at the property commonly known as - r�, r r within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and or installation of these improvements. APN Lot Block Signed Date q )2,5 k:/ IF Print I Address U Phoneme D e Tract 78.90 ƒ 13) §m aI K� 2 'f .L 5 rn0 j � > k` \ of 3� e 7 - 2 _ ` } 2 _ } NI % ; ¢ �® §j � sty of son tins osispo GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or'Q Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a promissory note, Letter or C rtificate of Deposit, the sum of $ �^ C to guarantee: C 19 I /L /2 .� 72OAf Tie) AJ 1��J�G1 Tip n� d l UT f T& SA Ti6F4C 274)10 di' 7- -17 E CYI-VE f� i �EIe1IIC at the property commonly known as within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN ) -29-" ) �V Lot Sig Pri Add Block n ed Date L?�(2-oh 5-- nt ressMC<"O� ice. �. Phone ��v —/330 Tract 7a-90 CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT I1-yICU iJiIQ,V1 SECU Y FOR:0/ o r herein after called ASSIGNOR whose principal place of business is do (does) hereby assign, and set over to the City of San is D ispo, all nME i, and - terest of whatever nature, of assignor, in and to the insured account of assignor in the Y� dd evidenced by a Certificate of Deposit in the amount of (Nameo mancia i on) $,numbered which is delivered to the City of San Luis 6bi8 o herewith. Ass' n¢r agrees that this assignment carries with it the right in the insurance of the account by the Federal -/ 1 Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such zjccou t at any tim ITH UT NOTI C T AS IGNOR. This a ignment 's iven as security or,li iiity for LlP,l C at �+ including interest and penalties, and to insure compliance with the applicable part or parf# of the San Luis Obispo Municipal Code Assignor he7-W. by notifies the above -named financial institution of this assignment. DATED: hgnature Signature onto a e Printed Name it e RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown b e above, assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal 1 Insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in accordance with the laws applicable to this financial institution. DATED: '7 c xc/ �6 gert Ldoe Oa�& 7 Name ot Hnancia 1 Institution btreez, Ii y ern m er t-flnlea NarngriIle ❑ Letter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: 7 115 CITY OK SAN LWS OBISPO By: __ _On t� ommunityVevetopmentDcpt. lliscl Oiriccr -, ippature Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11 Date Tax Opened: 04/20/2015 _ Term: 12 Months ID: Number: $ 15000.00 Issuer: Downtown San Luis Obispo Office Heritage Oaks Bank 1144 Morro Street San Luis Obispo, CA 93401 Additional Terms This form contains the terms for your time deposit. It is also the Truth -in -Savings disclosure for those depositors entitled to one. There are additional terms and disclosures on page two of this form, some of which explain or expand on those below. You should keep one copy of this form. Maturity Date: This account matures 4/20/2016 By l and Disclosures Minimum Balance Requirement: You must make a minimum deposit to open this account of $ 1000.00 ® You must maintain this minim= balance on a daily basis to earn the annual percentage yield disclosed. (See below for renewal information.) Withdrawals of Interest: Interest ❑ accrued ® credited Rate Information: The interest rate for this account is .2500 % term can be withdrawn: with an annual percentage yield of .25 %. This rate will be paid until the maturity date specified above. Interest begins to accrue on the business day you deposit any noncash item (for example, a check). Interest will be compounded daily Interest will be credited every 1 month and capitalized ® The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. ❑ If you close your account before interest is credited, you will not receive the accrued interest. The NUMBER OF ENDORSEMENTS needed for withdrawal or any other purpose is: 001 ACCOUNT OWNERSHIP: You have requested and intend the type of account marked below. ❑ Individual ❑ Joint Account ❑ Joint - Husband and Wife (with right of survivorship) ❑ Community Property - Husband and Wife ❑ Tenancy in Common ❑ Trust: Separate Agreement Dated ® Payable to the City of SLO ❑ Totten Trust or ❑ Pay on Death Designation as defined in this agreement (Beneficiaries' names and addresses) during a Early Withdrawal Penalty: If we consent to a request for a withdrawal that is otherwise not permitted you may have to pay a penalty. The penalty will bean amount equal to: 180 days at current interest rate interest on the amount withdrawn. Renewal Policy: ❑ Single Maturity: If checked, this account will not automatically renew. Interest ❑ will ❑ will not accrue after maturity. ® Automatic Renewal: If checked, this account will automatically renew on the maturity date. Interest ❑ will ® will not accrue after final maturity. BACKUP WITHHOLDING CERTIFICATIONS TIN: ® Taxpayer I.D. Number - The Taxpayer Identification Number shown above (TIN) is my correct taxpayer identification number. ® Backup Withholding - I am not subject to backup withholding either because I have not been notified that I am subject to backup withholding as a result of a failure to report all interest or dividends, or the Internal Revenue Service has notified me that I am no longer subject to backup withholding. Funds cannot be withdrawn or closed without the written authorzation from the City of San Luis Obispo. Also the City of San Luis Obispo may withdrawl the funds without John Belsher's authorization. ❑ Exempt Recipients - I am an exempt recipient under the Internal Revenue Service Regulations. A provision for my signature, certifying under penalty of perjury the statements checked in this section and that I am a U.S. person (including a U.S. resident alien), is contained on the first copy of this certificate. ENDORSEMENTS - SIGN ONLY WHEN YOU REQUEST WITHDRAWAL X X X ® ©1993 Bankers Systems, Inc„ St. Cloud, MN Form CD-AA-LAZ-CA (1) 6/11/2005 READ PAGE TWO FOR ADDITIONAL TERMS (page 1 of 2) DEFINITIONS: "We," "our," and "us" mean the issuer of this account P.O.D. Account With and "you" and "your" mean the depositor(s). "Account" means the named parties. Upon the original certificate of deposit as well as the deposit it evidences. survivor(s). Upon the dea TRANSFER: "Transfer" means any change in ownership, withdrawal rights, or survivorship rights, including (but not limited to) any pledge or assignment of this account as collateral. You cannot transfer this account without our written consent. PRIMARY AGREEMENT: You agree to keep your funds with us in this account until the maturity date. (An automatically renewable account matures at regular intervals.) You may not transfer this account without first obtaining our written consent. You must present this certificate when you request a withdrawal or a transfer. This account is void if the deposit is made by any method requiring collection (such as a check) and the deposit is not immediately collected in full. If the deposit is made or payable in a foreign currency, the amount of the deposit will be adjusted to reflect final exchange into U.S. dollars. We may change any term of this agreement. Rules governing changes in interest rates have been provided. For other changes we will give you reasonable notice in writing or by any other method permitted by law. If any notice is necessary, you all agree that the notice will be sufficient if we mail it to the address listed on page one of this form. You must notify us of any change. WITHDRAWALS AND TRANSFERS: Only those of you who sign the permanent signature card may withdraw funds from this account. (In appropriate cases, a court appointed representative, a beneficiary of a trust or pay -on -death account whose right of withdrawal has matured, or a newly appointed and authorized representative of a legal entity may also withdraw from this account.) The specific number of you who must agree to any withdrawal is written on page one in the section bearing the title NUMBER OF ENDORSEMENTS. This means, for example, that if two of you sign the signature card but only one endorsement is necessary for withdrawal then either of you may request withdrawal of the entire account at any time. Unless otherwise specified in writing, only one endorsement is required to withdraw funds from this account. These same rules apply to define the names and the number of you who can request our consent to a transfer. PLEDGES: Any pledge of this account (to which we have agreed), must first be satisfied before the rights of any joint account survivor, pay -on -death beneficiary or trust account beneficiary become effective. For example, if one joint tenant pledges the account for payment of a debt and then dies, the surviving joint tenant's rights in this account are subject first to the payment of the debt. OWNERSHIP OF ACCOUNT AND BENEFICIARY DESIGNATION: You intend these rules to apply to this account depending on the form of ownership and beneficiary designation, if any, specified on page 1. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds. Individual Account - This account is issued to one person who does not intend (merely by opening this account) to create any survivorship rights in any other person. Joint Account - This account is owned by the named parties. Upon the death of any of them, ownership passes to the survivor(s). Joint Account - of Husband and Wife With Right of Survivorship - This account is owned by the named parties, who are husband and wife, and is presumed to be their community property. Upon the death of either of them, ownership passes to the survivor. Community Property Account of Husband and Wife - This account is the community property of the named parties who are husband and wife. The ownership during lifetime and after the death of a spouse is determined by the law applicable to community property generally and may be affected by a will. Tenancy in Common Account - This account is owned by the named parties as tenants in common. Upon the death of any party, the ownership interest of that party passes to the named pay -on -death payee(s) of that party, or, if none, to the estate of that parry. P.O.D. Account with Single Party - This account is owned by the named party. Upon the death of that party, ownership passes to the named pay -on -death payee(s). Multiple Parties - This account is owned by the death of any of them, ownership passes to the th of all of them, ownership passes to the named pay -on -death payee(s). Whether the P.O.D. Account is with single party or multiple parties, if ownership passes to more than one beneficiary, any such beneficiary may withdraw all or any part of the account balance. Totten Trust Account - (subject to this form) - If two or more of you create this account, you own the account jointly with survivorship. Beneficiaries acquire the right to withdraw only if (1) all persons creating the account die, and (2) the beneficiary is then living. If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. Any such beneficiary may withdraw all or any part of the account balance. The person(s) creating either of these account types reserves the right to: (1) change beneficiaries; (2) change account types; and (3) withdraw all or part of the deposit at any time. Trust Account Subject to Separate Agreement - We will abide by the terms of any separate agreement which clearly pertains to this account and which you file with us. Any additional consistent terms stated on this form will also apply. SET-OFF: You each agree that we may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt owed to us now or in the future, by any of you having the right of withdrawal, to the extent of such person's or legal entity's right to withdraw. The amount of the set-off may be further limited by applicable law. If the debt arises from a note, "any due and payable debt" includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note. This right of set-off does not apply to this account if: (a) it is an Individual Retirement Account or other tax -deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan, or (c) the debtor's right of withdrawal arises only in a representative capacity. You agree to hold us harmless from any claim arising as a result of our exercise of our right of set-off. BALANCE COMPUTATION METHOD: We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. TRANSACTION LIMITATIONS: You cannot make additional deposits to this account during a term (other than credited interest). You cannot withdraw principal from this account without our consent except on or after maturity. (For accounts that automatically renew, there is a grace period after each renewal date during which withdrawals are permitted without penalty.) In certain circumstances, such as the death or incompetence of an account owner, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax -deferred savings plan. FOR ACCOUNTS THAT AUTOMATICALLY RENEW: Each renewal term will be 12 Months , beginning on the maturity date (unless we notify you, in writing, before a maturity date, of a different term for renewal). You must notify us in writing before, or within a 10 day grace period after, the maturity date if you do not want this account to automatically renew. Interest earned during one term that is not withdrawn during or immediately after that term is added to principal for the renewal term. The rate for each renewal term will be determined by us on or just before the renewal date. You may call us on or shortly before the maturity date and we can tell you what the interest rate will be for the next renewal term. On accounts with terms of longer than one month we will remind you in advance of the renewal and tell you when the rate will be known the e renewal period. See your plan disclosure if this account is part of an IRA or Keogh. (page 2 of 2) Ekoiw ©1993 Bankers Systems, Inc., St. Cloud, MN Form CD-AA-LAZ-CA 6/11/2005 DEMa'SL-MD - 2n►15:1I Department of Community Development 919 Palm Street, San Luis Obispo, CA 93401 GUARANTEE TO THE CITY OF SAN LUIS OBISPO (with ❑ Promissory Note, ❑ Letter of Credit or ■ Certificate of Deposit) I, the undersigned, hereby place on deposit with the City of San Luis Obispo, in the form of a Promissory Note, Letter of Credit or Certificate of Deposit, the sum of $ uto guarantee: at the property commonly known as �5 D 1/ within days from this date. If I fail to make these improvements within said days from this date, the City is authorized to make these improvements. If the City has to proceed with these improvements, I agree to pay the City for all costs incurred by the City, including attorney's fees, for the enforcement and/or installation of these improvements. APN �],J- 1L51-d20 Lot Signed Print Address Block Phone 90S -5�3• 700 / Tract Date PACIFIC WESTERN BANK CERTIFICATE OF DEPOSIT (COD) CONFIRMATION The account confirmed by this receipt is subject to and further explained in the terms and conditions contained in the "Deposit Account Agreement and Disclosure" provided to you. The account is not negotiable and not transferable. Customer Information Account Name: Porter and Howard Inc Address: pp Box 5759 City, State, and Zip Code: Santa Maria Ca 93456 Certificate Number: Held for Collateral if Box is Checked: ❑ Loan Number: Account Information Opening Amount: $ 2000.00 Opening Date: 03/1 3/2020 Term: 7 days Maturity Date: 0 3/ 2 0/ 2 0 2 0 Rene aticl� Renewal Rate Information Single ❑ Maturity Interest Rate: 0.01 % Annual Percentage Yield (APY) 0.01 You will be paid this rate until the maturity date of the certificate. The Annual Percentage Yield assumes that interest will remain on deposit until maturity. A withdrawal of interest will reduce earnings. Compounding and Crediting of Interest The crediting of interest earned to the principal amount is defined as "compounding of interest." COD with terms one (1) year or less: Interested is compounded at maturity, unless interest is paid to another Pacific Western Bank account or paid by check at the frequency indicated below. Interest Payment Frequency: ❑ Monthly ❑ Quarterly ❑ Maturity To: Checking Account #: To: Savings Account #: ❑Issue Electronic Funds Transfer as noted on Authorization COD with terms greater than one (1) year: Interest is compounded quarterly, unless interest is paid to another Pacific Western Bank account or paid by check at the frequency indicated below. Interest Payment Frequency: ❑ Monthly ❑ Quarterly To: Checking Account #: To: Savings Account #: Issue Interest Check: ❑ ❑Issue Electronic Funds-T-Nnsfer as noted on Authorization Prepared By Approved By: 1/)-M/V/Uzl, PAGE 1 Rev: 2/20 Disclosure of Account Terms MINIMUM BALANCE REQUIREMENTS: A minimum deposit of $2,500.00 is required to open your COD account. In accounts with an opening deposit between $2,500.00 and $99,999.99, a minimum daily balance of $2.500.00 is required to obtain the APY listed above. In accounts with an opening deposit of $100,000.00 or higher, a minimum daily balance of $100,000.00 is required to obtain the APY listed above. BALANCE COMPUTATION METHOD: The daily balance method is used to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. ACCRUAL OF INTEREST: Interest begins to accrue no later than the business day we receive credit for your deposit of non -cash items (checks). TRANSACTION LIMITATIONS: After the account is opened, you may not make deposits into or withdrawals from the account until the maturity date. EARLY WITHDRAWAL PENALTY: We may impose a penalty if you withdraw any or all of the deposited funds/principal before the maturity date. This could result in a reduction of principal. COD TERM 7 Days through 29 Days 30 Days through_179 Days 180 Days through 364 Days 365 Days through 18 Months 24 Months and Greater PENALTY Equals the total interest that could have been earned on the amount withdrawn for the established term. 30 Days of Interest on the amount withdrawn 90 Days of Interest on the amount withdrawn 120 Days of Interest on the amount withdrawn 180 Days of Interest on the amount withdrawn In certain circumstances, such as the death or incompetence of an account owner, the law permits or, in some cases, requires the waiver of the early withdrawal penalty. RENEWAL POLICY: This account will automatically renew at maturity. Each renewal term will be the same (unless we notify you in writing before the maturity date of a different term for renewal). For accounts with terms of thirty (30) days or longer, you will have seven (7) calendar days after the maturity date to withdraw funds without penalty. For accounts with terms less than thirty (30) days, there is no grace period following the maturity of the account to withdraw funds without penalty. If the account is not renewed, interest will not be earned after the maturity date. If this account has a single maturity date, it will not renew automatically and interest will not continue to accrue after maturity. If you do not renew or close your COD account within 30 days of the maturity date, your funds will be placed in an interest bearing Savings account at the prevailing rate. The COD rate of interest will not continue after the maturity date. THANK YOU FOR CHOOSING PACIFIC WESTERN BANK. MEMBER FDIC Rev: 2/20 PAGE 2 CERTIFICATE OF DEPOSIT ASSIGNMENT, RECEIPT OF NOTICE OF ASSIGNMENT, RECEIPT FOR CERTIFICATE OF DEPOSIT VbR�v_ ADD iA�AASSIGNIVIENT D (r-x- SECURITY FOR: D 0 Tk Of SAi-2T& MAP-iA-herein after called ASSIGNOR whose principal place of business is �)Th MAe_% A- do (does) hereby assign, and set over to the City of San Luis Obispo, all right, title, and interest of whatever nature, of assignor, in and to the insured account of assignor in the Q L: 6 SST---� ��v-� evidenced b a Certificate of Deposit in the amount of (Name OFFrnancial froth en y p $ .? 6 66. numbered _which is delivered to the City of San Luis Obispo herewith. Assignor agrees that this assignment carries with it the right in the insurance of the account by the Federal _ D - j?c251-T- Insurance Corporation, and includes and gives the right to the City of San Luis Obispo to redeem, collect and withdraw the full amount of such account at any time WITHOUT NOTICE TO ASSIGNOR. This assignment is given as security for liability for Mt j-e - � C [ D r �r•�P 5 I+:!- C Yt - LA- 2�1 gt Usc>s a including interest and penalties, and to insure compliance with the applicable part or parts of the San Luis Obispo Municipal Code. Assignor hereby notifies the above -named financial institution of this assignment. r me-d -Wa—m el T ill e RECEIPT FOR NOTICE OF ASSIGNMENT Receipt is hereby acknowledged to the City of San Luis Obispo of written notice of the assignment to said City of the account and Certificate of Deposit identified above. We have noted in our records the City's interest in said account as shown by the above assignment and have retained a copy of this sheet. We certify that this account is fully insured by the Federal `F 015 t 'i- insurance Corporation and that we have received no notice of any lien, encumbrance, hold, claim, or obligation of the above -identified account prior to the assignment to the City of San Luis Obispo. We agree to make payment to the City of San Luis Obispo upon request in 'accordance with the laws applicable to this financial institution. DATED: -;� I I�7 t p��,�i INam�yin. l b U G1 �� —FiameprFinaneFalTs`ti'u ❑n tree[ I City 1 P a �s Mn grraturs rl e a S e ❑ (STAFF ONLYLetter pledging an open interest -bearing time deposit to the City of San Luis Obispo in lieu of Financial Institution signature above (see attached). RECEIPT FOR CERTIFICATE OF DEPOSIT AND DIRECTION TO PAY EARNINGS Receipt is acknowledged of the above assignment and the Certificate of Deposit identified in the above assignment. The financial institution named in the above assignment is hereby authorized and directed to pay any earnings on the above - identified account to the above -named assignor. DATED: CITY OF SAN LUIS OBISPO By: Commimity Development Dept Fiscal Officer - Signature Original: City of SLO /Department copy: Developer/Applicant copy: Mailed to Bank Revised 07-18-11