Question / Help Frame rate (FPS) drops when using OBS with Elgato Game Capture HD60 S

This is not an issue caused by the April update, I am on version 21.1.2. I have been in contact with Elgato and briefly, the issue went away (I feel like it may never have at this point) after many emails and attempted solutions. However, I discovered this issue only exists in OBS.

Every 30 seconds, the frame rate drops for a moment, then goes back up.

Video (currently uploading, 2 hours left): https://www.youtube.com/watch?v=8p9u9e5JJxQ
OBS Log: https://hastebin.com/cebodomiro
Elgato SupportInfo file: https://drive.google.com/open?id=1uWBuhAO6Dd2AK5YmGAqPnFsolsV2jpGq
 
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