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HomeMy WebLinkAboutHDL COREN & CONE - 2006-12-06FE CONTRACTS SUBMITTAL TO R_VD CITY CLERK'S OFFICE DEC -1 10: CITY OF H rt1Tlf1 T N BEACH To: JOAN FLYNN, City Clerk Name of Contractor: HDL Coren & Cone Purpose of Contract: For Example: Audit Services or Water Quality Testing Huntington Lake —Huntington Central Park Property Tax Audit and Compliance Services Amount of Contract: $75,000 (`)T.---) Copy of contract distributed to: The original insurance certificate/waiver distributed t❑ Initiating Dept. ❑ o Risk Management Finance Dept. ❑ ORIGINAL bonds sent to Treasurer Date: Cot & /at ANamelEension �!_k City Attorney's Office G:AttyMisc/Contract Forms/City Clerk Transmittal ia-l6 /D b X: ice./.6 /400Y jX=1w,+j GO PROFESSIONAL SERVICES CONTRACT BETWEEN' THE CITY OF HUNTINGTON BEACH AND HDL Coren & Cone FOR Property Tax Audit and Compliance Services THIS AGREEMENT ("Agreement") is made and entered into this day of P16 20 66, by and between the City of Huntington Beach, a municipal corporation of the State of California, hereinafter referred to as "CITY, and HDL Coren &Cone a California corporation hereinafter referred to as "CONSULTANT. WHEREAS, CITY desires to engage the services of a consultant to conduct property tax and audit compliance ; and Pursuant to documentation on file in the office of the City Clerk, the provisions of the Huntington Beach Municipal Code, Chapter 3.03, relating to procurement of professional service contracts have been complied with; and CONSULTANT has been selected to perform these services, NOW, THEREFORE, it is agreed by CITY and CONSULTANT as follows; I. SCOPE OF SERVICES CONSULTANT shall provide all services as described in Exhibit "A," which is attached hereto and incorporated into this Agreement by this reference. These services shall sometimes hereinafter be referred to as the "PROJECT. CONSULTANT hereby designates Paula Cone who shall represent it and be its sole contact and agent in all consultations with CITY during the performance of this Agreement. agree/fonns/profsery 10/15/01-A 1 } 2- CITY STAFF ASSISTANCE CITY shall assign a staff coordinator to work directly with CONSULTANT in the performance of this Agreement 3. TERM, TIME OF PERFORMANCE Time is of the essence of this Agreement. The services of CONSULTANT are to commence as soon as practicable after the execution of this Agreement by CITY (the: 3 years from "Commencement Date"). This Agreement shall expire on commencement date , unless sooner terminated as provided herein. All tasks specified in Exhibit "A" shall be completed no later than Three (3) years from the Commencement Date of this Agreement- These times may be extended with the written permission of CITY. The time for performance of the tasks identified in Exhibit "A" are generally to be shown in Exhibit "A." This schedule may be amended to benefit the PROJECT if mutually agreed to in writing by CITY and CONSULTANT: 4. COMPENSATION In consideration of the performance of the services described herein, CITY agrees to pay CONSULTANT on a time and materials basis at the rates specified in Exhibit "B," which is attached hereto and incorporated by reference into this Agreement, a fee, including all costs and expenses, not to exceed seventy five thousand Dollars ($ 75,000.00 5. EXTRA WORK In the event CITY requires additional services not included in Exhibit "A" or changes in the scope of services described in Exhibit "A," CONSULTANT will undertake such work only after receiving written authorization from CITY. Additional agredformslprofser 10115101-A - 2 } compensation for such extra work shall be allowed only if the prior written approval of CITY is obtained: 6. METHOD OF PAYMENT CONSULTANT shall be paid pursuant to the terms of Exhibit "B." 7. DISPOSITION OF PLANS ESTIMATES AND OTHER DOCUMENTS CONSULTANT agrees that title to all materials prepared hereunder, including, without limitation, all original drawings, designs, reports, both field and office notices, calculations, computer code, language, data or programs, maps, memoranda, letters and other documents, shall belong to CITY, and CONSULTANT shall turn these materials over to CITY upon expiration or termination of this Agreement or upon PROJECT completion,whichever shall occur first. These materials may be used by CITY as it sees fit.' 8. HOLD HARMLESS CONSULTANT hereby agrees to protect, defend; indemnify and hold harmless CITY, its officers, elected or appointed officials, employees, agents and volunteers from and against any and all claims, damages, losses, expenses, judgments, demands and defense costs (including, without limitation, costs and fees of litigation of every nature or liability of any kind or nature) arising out of or in connection with CONSULTANT's (or' CONSULTANT's subcontractors, if any) negligent performance of this Agreement or its failure to comply with any of its obligations contained in this Agreement by CONSULTANT, its officers, agents or employees except such loss or damage which was caused by the sole negligence or willful misconduct of CITY. CONSULTANT will conduct all defense at its sole cost and expense and CITY shall agree/forms/profsery 10/ 15/0 1 -A 3 approve ,selection of CONSULTANT's counsel. This indemnity shall apply to all claims and liability regardless of whether any insurance policies are applicable. The policy limits do not act as limitation upon the amount of indemnification to be provided by CONSULTANT. 9. PROFESSIONAL LIABILITY INSURANCE CONSULTANT shall obtain and furnish to CITY a professional liability insurance policy covering the work performed by it hereunder. This policy shall provide coverage for CONSULTANT's professional liability in an amount not less than One Million Dollars ($1,000,000.00) per occurrence and in the aggregate. The above - mentioned insurance shall .not contain a self -insured retention, "deductible" or any other similar form of limitation on the required coverage except with the express written consent of CITY. A claims -made policy shall be acceptable if the policy further provides that: A. The policy retroactive date coincides with or precedes the initiation of the scope of work (including subsequent policies purchased as renewals or replacements). B. CONSULTANT shall notify CITY of circumstances or incidents that might give rise to future claims. CONSULTANT will make every effort to maintain similar insurance during the required extended period of coverage following PROJECT completion. If insurance is terminated for any reason, CONSULTANT agrees to purchase an extended reporting provision of at least two (2) years to report claims arising from work performed in connection with this Agreement. agree/forms/profsery 10/15101-A 4 10. CERTIFICATE OF INSURANCE Prior to commencing; performance of the work hereunder, CONSULTANT shall furnish to CITY a certificate of insurance subject to approval of the City Attorney evidencing the foregoing insurancecoverage as required by this Agreement; the certificate shall: A. provide the name and policy number of each carrier and policy; B. shall state that the policy is currently in force; and C. shall promise that such policy shall not be suspended, voided or canceled by either party, reduced' in :coverage or in limits except after thirty (30) days' prior written notice; however, ten (10) days' prior written notice in the event of cancellation for nonpayment of premium. CONSULTANT shall maintain the foregoing insurance coverage in force until the work under this Agreement is fully completed and accepted by CITY. The requirement for carrying the foregoing insurance coverage shall not derogate from CONSULTANT's defense, hold harmless and indemnification obligations as set forth in this Agreement. CITY or its representative shall at all times have the right to demand' the original or a copy of the policy of insurance. CONSULTANT shall pay, in a prompt and timely manner, the premiums on the insurance hereinabove required. 11. INDEPENDENT CONTRACTOR CONSULTANT is, and shall be, acting at all times in the performance of this Agreement as an independent contractor herein and not as an employee of CITY. CONSULTANT shall secure at its own cost and expense, and be responsible for any and agree/forms/profserv10/15/01-A 5 all payment of all taxes„ social security, state disability insurance compensation, unemployment compensation and other payroll deductions for CONSULTANT and its officers, agents and employees and all business licenses, if any, in connection with the PROJECT and/or the services to be performed hereunder. 12. TERMINATION OF AGREEMENT All work required hereunder shall be performed in a good and workmanlike manner. CITY may terminate CONSULTANT`s services hereunder at any time with or without cause, and whether or not the PROJECT is fully complete. Any termination of this Agreement by CITY shall be made in writing, notice of which shall be delivered to CONSULTANT as provided herein. In the event of termination, all finished and unfinished documents, exhibits, report, and evidence shall, at the option of CITY, become its property and shallbe promptly delivered to it by CONSULTANT. 13. ASSIGNMENT AND DELEGATION This Agreement is a personal service contract and the work hereunder shall not be assigned, delegatedorsubcontracted by CONSULTANT to any other person or entity without the prior express written consent of CITY. If an assignment, delegation or subcontract is approved, all approved assignees, delegates and subconsultants must satisfy the insurance requirements as set forth in Sections 9 and 10 hereinabove. 14 COPYRIGHTS/PATENTS CITY shall own all rights to any patent or copyright on any work, item or material produced as a result of this Agreement. agree/forms/profsery 10/ 15/01 -A 6 15. CITY EMPLOYEES AND OFFICIALS CONSULTANT shall employ no CITY official nor any regular CITY employee in the work performed pursuant to this Agreement. No officer or employee of CITY shall have any financial interest in this Agreement in violation of the applicable provisions of the California Government Code_ 16. NOTICES Any notices, certificates, or other communications hereunder shall be given either by personal delivery to CONSULTANT`s agent (as designated in Section l hereinabove) or to CITY as the situation shall warrant, or by enclosing the same in a sealed envelope, postage prepaid, and depositing the same in the United States Postal Service, to the addresses specified below. CITY and CONSULTANT may designate different addresses to which subsequent notices, certificates or other communications will be sent by notifying the other party via personal delivery, a reputable overnight carrier or U. S. certified mail -return receipt requested:' TO CITY: TO CONSULTANT: City of Huntington Beach Paula Cone, President ATTN: Dan T. Villella, CPA HDL Coren & COne 2000 Main Street Huntington Beach, CA 92648 2702 1340 Valley Vista Dr., Ste. 200 Diamond Bar, CA 91765-3913 17. CONSENT When CITY's consent/approval is required under this Agreement, its consent/approval for one transaction or event shall not be deemed to be a consent/approval to any subsequent occurrence of the same or any other transaction or event. agsee(fonns/profsery 14/ I5101-A 7 18. MODIFICATION No waiver or modification of any language in this Agreement shall be valid` unless in writing and duly executed by both parties. 19. SECTION HEADINGS' The titles, captions, section, paragraph and subject headings, and descriptive phrases at the beginning of the various sections in this Agreement are merely descriptive and are included solely: for convenience of reference only and are not representative of matters included or excluded from such provisions, and do not interpret, define, limit or describe, or construe the intent of the parties or affect the construction or interpretation of any provision of this Agreement. 20. INTERPRETATION OF THIS AGREEMENT The language of all parts of this Agreement shall in all cases be construed as a whole, according to its fair meaning, and not strictly for or against any of the parties. If any provision of this Agreement is held by an arbitrator or court of competent jurisdiction to be unenforceable, void, illegal or invalid, such holding shall not invalidate or affect the remaining covenants and provisions of this Agreement. No covenant or provision shall be deemed dependent upon any other unless so expressly provided here. As used in this Agreement, the masculine or neuter gender and singular or plural number shall be deemed to include the other whenever the context so indicates or requires. Nothing contained herein shall be construed so as to require the commission of any act contrary to law, and wherever there is any conflict between any provision contained herein and any present or future statute, law, ordinance or regulation contrary to which the parties` have no right to contract, then the latter shall prevail, and the provision of this Agreement agree/forms/profsery ] 0/15101 -A which is hereby affected shall be curtailed and limited only to the extent necessary to bring it within the requirements of the law. 21. DUPLICATE ORIGINAL The original of this Agreement and one or more copies hereto have been prepared and signed in counterparts as duplicate originals, each of which so executed shall, irrespective of the date of its execution and delivery, be deemed an original. Each duplicate original shall be deemed an original instrument as against any party who has signed it. 22. IMMIGRATION CONSULTANT shall be responsible for full compliance with the immigration and naturalization laws of the United States and shall, in particular, comply with the provisions of the United States Code regarding employment verification. 23. LEGAL SERVICES SUBCONTRACTING PROHIBITED CONSULTANT and CITY agree that CITY is not liable for payment of any subcontractor work involving legal services, and that such legal services are expressly outside the scope of services contemplated hereunder. CONSULTANT understands that pursuant to Huntington Beach City Charter Section 309, the City Attorney is the exclusive legal counsel for CITY; and CITY shall not be liable for payment of any legal services expenses incurred by CONSULTANT. 24. ATTORNEY' S FEES In the event suit is brought by either party to construe, interpret and/or enforce the terms and/or provisions of this Agreement or to secure the performance hereof, agree/fortes/profserv10/15/0I A 9 each party shalt bear its own attorney's fees, such that the prevailing party shall not be entitled to recover its attorney's fees from the non -prevailing party. 25. SURVIVAL Terms and conditions of this Agreement, which by their sense and context survive the expiration or termination of this Agreement, shall so survive. 26. GOVERNING LAW This Agreement shall be governed and construed in accordance with the laws of the State of California. 27. ENTIRETY The parties acknowledge and agree that they are entering into this Agreement freely and voluntarily ,following extensive arm's length negotiation, and that each has had the opportunity to consult with legal counsel prior to executing this Agreement. The parties also acknowledge and agree that no representations, inducements, promises, agreements or warranties, oral or otherwise, have been made by that party or anyone acting on that party's behalf, which are not embodied in this Agreement, and that that party has not executed this Agreement in reliance on any representation, inducement, promise, agreement, warranty, fact or circumstance not expressly set forth in this Agreement. This Agreement, and the attached exhibits, contain the entire agreement between the parties respecting the subject matter of this Agreement, and supercede all prior understandings and agreements whether oral or in writing between the parties respecting the subject matter hereof. agree/forms/profsery 10/15101-A 10 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by and through their authorized offices the day, month and year first above written. CONSULTANT, CITY OF HUNTINGTON BEACH, HDL Coren &Cone a municipal corporation of the State of California L% irector 6f OaaCe_ By: (Pursuant To HBMC §3.03.100) 2� C print name ITS: (circle one) Chairm Presiden ice President APPROVED AS TO FORM: 4 AND City Attorney �Lti ylo� BY: AIAe-roy C• C CREW REVIEWED AND APPROVED: print name ITS: (circle one) Secretary/Chief Financial Office Asst. ecretary— Treasurer !` CIty Administra or (only for contracts $50, 000.00 and over) agree/forms/profsery 10/15/01-A 1 1 EXHIBIT "A PROJECT DESCRIPTION A. STATEMENT OF WORK: Hinderliter, de Llamas and Associates will provide the City with property tax audit, compliance and information services. HdL will also furnish the City with a variety of reports detailing property and revenue trends for the City and Redevelopment Agency. These reports can be used for budgeting purposes, planning, economic development and public information. B. CONSULTANT'S DUTIES AND RESPONSIBILITIES: Hinderliter, de Llamas and Associates or HdL hereinafter referred to as the CONSULTANT shall provide property tax audit and information services including the following: 1. Basic Services 1.1. User-friendly software program accessible to all City staff containing all secured and unsecured property tax records for the current roll year and not less than the four previous roll years. Roll data shall include' assessor parcel number (APN), owner name; site and mailing addresses, detailed roll value, property use designation and property sales history. CONSULTANT shall provide annual software training for City staff. The software program will offer a Windows GUI interface and include:' a database in SQL format. The application will be compatible with the VM Ware Virtual Server; environment. 1.2. Biannual delivery of the City's property tax report containing summary and detailed information for the City, General Fund and each component of the Redevelopment Agency. Multiple hard copies of the report will be provided to City staff in addition to an electronic copy on CD 'Rom in Adobe PDF file format. 1.3. Identify property tax allocation errors for both the City and Redevelopment Agency including erroneous distribution of secured and unsecured taxes, base year value audits for all redevelopment project areas, tax increment revenue audits and administration of tax sharing agreements. Consultant shall work with appropriate County agencies to insure that TRA corrections` are made and taxes redistributed to the City. 1.4. Reconcile the Annual Auditor -Controller assessed valuation report to the Assessor's lien date rolls and identify discrepancies. 1.5. Track property transfers and new construction activity to determine whether reassessment is performed within a reasonable time frame and provide the city with a listing of parcels that have failed to be reassessed. 1.6. Provide technical expertise to City staff on issues related to property > tax and assist City staff on estimating revenues for specific geographic areas of the City and proposed redevelopment project areas for use in economic and community development. HDL Contract, Exhibit A — Statement of Work October 2006 1.7. Review and analyze Redevelopment Agency fiscal agreements and develop 10 year tax increment projections for each project area; including analysis of housing set -aside revenue, County administrative fees, pass -through monies and developer tax increment guarantees. 1.8. During the term of this Agreement, Consultant will serve as the City's and the Agency's resource staff on questions relating to property tax and assist in estimating current year property tax revenues. On -going consultation would include, but not be limited to, inquiries resolved through use of the property tax database. 2. Additional Services Based upon written authorization from the City's authorized representative and for an additionalfee, Consultant will provide the following services: 2.1. Generate specialized reports, which would require additional programming or the purchase of supplementary data. 2.2. Conduct research with County agencies for which the consultant does not have the current database. 2.3. Provide property tax reports to be used in the preparation of the City's annual CAFR report statistical section. 2.4. Direct levy processing and parcel tax assessments for special districts. 2.5. Redevelopment Financial Services including but not limited to: 2.5.1. Tax Allocation Bonds fiscal consultant reports 2.5.2. Feasibility Studies 2.5.3. Agency or Project Area cash flows 2.5.4. Low and moderate income housing set -aside calculations, finding and consultations. 2.5.5. Fiscal impact studies 2.5.6. LegislativeAnalysis 2.5.7. Redevelopment plan adoption and amendment financial feasibility studies 2.5.8. AB 1290 pass -through calculation spreadsheets. C. City's Duties and Responsibilities 1. City shall assign a staff coordinator to work directly with the Consultant 2. Annually, the City will be required to provide the following information: 2.1. Current City and Agency maps detailing agency boundaries 2.2. A copy of reports received by the City and Agency annually from the Auditor - Controller's office detailing Assessed Values (Secured, Unsecured and Utilities), as well as Unitary Values for reconciliation analysis. 2.3. Parcel listing and maps of City or Redevelopment Agency parcel' annexations since the prior lien date roll. HDL Contract, Exhibit A Statement of Work October 2006 2.4. A listing of completed new construction projects with Assessor's map book, page and parcel (APN numbers) for properidentification and tracking for two years prior to the date of the agreement. 2.5. A listing of the City's assessment district levies and direct assessments. D. Work Program/Project Schedule Timeline for Property Tax Analysis and Audit Services: 1. County assessment rolls will be purchased in August 2006 and each subsequent year in August. 2. The property data program will be available for installation on computers in the City and or Redevelopment Agency within 4 weeks of the execution of the agreement. Parcel data will be updated quarterly to include the most current ownership information due to parcel transfers. 3. The secured and unsecured` audits for the City and Agency will be completed and submitted to the County for corrective action prior to the end of October in each fiscal year. The City and Agency will receive file copies of submittals simultaneous with County submissions and accompanying letters for transmittal to the County Assessor. 4. Data collection' from the county assessor's and auditor controller's offices for reports is performed in August and September each year and preliminary reports will be delivered to the City/Redevelopment Agency within 90 days of the receipt of an executed` contract. 5. The final' tax ratio percentages are available from the auditor controller's office annually in January. Final reports will be prepared and delivered prior to the end of April. HDL Contract, Exhibit A — Statement of Work October 2006 EXHIBIT "B PAYMENT SCHEDULE 1. Charges for time during travel are normally not reimbursable and will only be paid if such time is actually used in performing services for CITY or as otherwise arranged with CITY. 2. CONSULTANT (Hinderliter,`de Llamas and Associates — HdL), shall be entitled to payments toward the fees set forth herein accordance with the following: Section 1: Basic Consulting Services and Basic Audit Services Fixed Fee of Twenty Two Thousand Five Hundred Dollars ($22,500.00) per year for basic services as described in Exhibit A. In addition to the fixed fee, CONSULTANT shall charge a contingency feenot to exceed Twenty Five Thousand Dollars ($25,000.00) per year for basic audit services including the detection, correction, and recovery of misallocated revenue for the City of Huntington Beach and the Huntington Beach Redevelopment Agency. The 25% contingency fee will be based on the net general fund or tax increment audit recovery with an annual payment cap of $100,000.00. Total fees- shall not exceed Twenty Five Thousand Dollars ($25,000.00) per year. CONSULTANT agrees to inform, the City. when CONSULTANT is at the point of reaching the - maximum limit per year. CONSULTANT shall not continue with any work effort over the amount of the maximum limit per year unless first authorized in writing by the City authorized representatve(s). Section 2: Additional Services Provision of additional services will be based exclusively upon written authorization from the City authorized representative(s). Additional services will be billed at the following hourly rates, unless otherwise noted in the table below. Description of Services Provided Fee Description Bond Fiscal' Consultant's Report Fees will be based' upon the complexity of the bond` issue and the time available for completion of the task. Direct Levy/Parcel Tax Based on number, of parcels and complexity of the task. AB 1290 Pass -through ` ` Based on the number of tax rate areas, plus set-up fee Annual CAFR Reports $325 per fiscal year Partner $175 per hour Principal $150 per hour Associate $135 per hour Senior Analyst $85 per hour Analyst $60 per hour Administrative $40 per hour Hourly rates are exclusive of expenses, which are billed at I. 15 times actual incurred costs. HDL Contract, Exhibit B Payment Schedule October 2006 3. Delivery of Work Product. A copy of every memorandum, letter, report, calculation and other documentation prepared by CONSULTANT shall be submitted to the City to demonstrate progress toward completion of tasks. In the event City rejects or has comments on any such product, the City shall identify specific requirements for satisfactory completion. 4. CONSULTANT shall submit to an invoice to the City; for each progress payment due. Such invoice shall: 4.1. Reference this Agreement 4.2. Describe the services performed: 4.3. Show the total amount of the payment due. 4.4. Include a certification by a principal member of CONSULTANT's firm that the work has been performed in accordance with the provisions of this Agreement; and 4.5. For all payments to include an estimate of the percentage of work completed. Upon submission of any such invoice, if the City is satisfied that the CONSULTANT is making satisfactory progress toward completion of tasks in accordance with this Agreement, the City shall approve the invoice, in which; event payment shall be made within thirty (30) days of receipt of the invoice by the City. Such approval shall not be unreasonably withheld. If the City does not approve an invoice, the City shall notify CONSULTANT in writing of the reasons for non -approval and the schedule of performance set forth in Exhibit "A" may at the option of ` the City be suspended until the parties agree that past performance by CONSULTANT is in, or has been brought into compliance, or until this Agreement has expired or is terminated as provided herein; 5. Any billings for extra work or additional services authorized in advance and in writing by the City shall be invoiced separately to the City. Such invoice shall contain all of the information required above, and in addition shall list the hours expended and hourly rate charged for such time. The City shall approve such invoices if the work performed is in accordance with the extra work or additional services requested, and if the City is satisfied that the statement of hours worked and costs incurred is accurate. Such approval shall not be unreasonably withheld. Any dispute between the parties concerning payment` of such an invoice shall be treated as separate and apart from the ongoing performance of the remainder of this Agreement. HDL Contract, -Exhibit B — Payment Schedule October 2006 CITY OF HUNTINGTON BEACH Professional Service Contracts Purchasing Certification 1. Date: 11/27/2006 2. Department: Finance 3. Requested by: Robert Sedlak 4. Name of consultant` HDL Caren & Cone 5. Attach the written statement of the specification, conditions and other requirements for the requested services that was provided to solicited consultants in your answer to 11 of this form. Request for Proposal attached (Property Tax Audit & Compliance Services) 6. Amount of the contract: $75,000 7. Are sufficient funds available to fund this contract?' ® Yes ❑ No 8. is this contract generally described on the list of professional service contracts approved by the City" Council'? E Yes ❑ No / 9. Company number and object code where funds are budgeted: 10035205.69365 ✓ 10. Is this contract less than $50,000? ❑ Yes ® No 11. Does this contract fall within $50,000 and $100,000? ® Yes ❑ No >✓ 12. Is this contract over $100,000? ❑ Yes -E No (Note: Contracts requiring City Council Approval need to be signed by the Mayor and City Clerk. Make sure the appropriate signature page is attached to contract.) 13. Were formal written proposals requested from at least three available qualified consultants? E Yes ❑ No 14. Attach list of consultants from whom proposals were requested (including a contact telephone number). List attached 15. Attach proposed scope of work. See Exhibit A f 16. Attach proposed payment schedule. See Exhibit B Department Head Si nature IC RD ADRIL, Ma age (P/ Purcha g/Central Services 1. If the answer to this question is "No," the contract will require approval from the City Council K Pagel of 2 file://D`\Documents%20and%20Settings\hizonm\Local%24Settings\Temporary% o20Intemet%20Files\OL... 9/27/2006 ;gCORD CERTIFICATE OF LIABILITY INSURANCE DATE 0 H z 11M16 PRODUCER THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION Valley Insurance Service ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE License# 0566246 HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR 861 South Oak Park Road ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. Covina CA 91724 Phone: 626-966-3664 Fax: 626-966-3895 INSURERS AFFORDING COVERAGE NAIC # INSURED INSURER A ACE American ins. Co, INSURER B: INSURER C: HDL Coren & Cone 2340 Valley Vista Dr #200 Diamond Bar CA 91765 INSURERD: INSURER E: CAVFI?ArFC THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY. CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN ISSUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. LTR NSR TYPE OF INSURANCE POLICY NUMBER ( DATEYMMID EFFECTIVE POUCY EXPIRATION DATE MWDD1YY LIMITS. GENERAL LIABILITY COMMERCIAL GENERAL LIABILITY CLAIMS MADE [::] OCCUR [ I [ EACH OCCURRENCE $ PREMISES (Ea occurence) $ MED EXP (Any one person) , $ PERSONAL & ADV INJURY $ GENERAL AGGREGATE $ I GENT AGGREGATE LIMIT APPLIES PER: PRO- POLICYF JECT LOC PRODUCTS - COMPIOP AGG I $ [ AUTOMOBILE LIABILITY ANY AUTO ALL OWNED AUTOS SCHEDULED AUTOS HIRED AUTOS NON -OWNED AUTOS. APP ��� �� 77� u'g,1 FEE CG' - ' �� �® TH, Cl C ! NY ] i COMBINED SINGLE LIMIT (Ea accident) $ 1 BODILY INJURY (Per person) $ BODILY INJURY (Per accident) PROPERTY DAMAGE. (Per accident) $ GARAGE LIABILITY ANY AUTO AUTOONLY - EA ACCIDENT $ OTHER THAN EA ACC AUTO ONLY: AGG $ $ I EXCESSIUMBRELLA LIABILITY OCCUR ElCLAIMS MADE . DEDUCTIBLE RETENTION $... ; 1 EACH OCCURRENCE [ $ AGGREGATE $ $ $ $ ' WORKERS COMPENSATION AND EMPLOYERS' LIABILITY ANY PROPRIETORIPARTNERIEXECUTiVE OFFICERIMEMBER EXCLUDED? If yes, describe under SPECIAL PROVISIONS below TORY LIMITS ER E.L. EACH ACCIDENT $ EL. DISEASE - EA EMPLOYEE $ E.L. DISEASE - POLICYLIMIT $ A (Professional OTHER Liab CRL136480 09/15/06 09/15/07 Each occ 1,000,000 Gen Agg 1,000,000 DESCRIPTION OF OPERATIONS i LOCATIONS I VEHICLES I EXCLUSIONS ADDED BY ENDORSEMENT! SPECIAL PROVISIONS 10 day notice of cancellationfor non payment of premium. LaK I IYIGA 1 t HULLJtK HLTNT10I SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, THE ISSUING INSURER WILL E#@&AV "TO MAIL 30 DAYS WRITTEN r NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT,:WAT06616611fis L City of Huntington Beach 2000 Main Street AUTHORIZED REPRESENTATIVE Huntington Beach CA 92648 g Harold. J. Borak ACORD 25 (2001108} © AGCIRD CORPORATION 1988