Agenda packet — Aliso Viejo City Council, July 19, 2023 (part 1 of 2)

1 AGENDA

ALISO VIEJO CITY COUNCIL
WEDNESDAY, JULY 19, 2023
6:00 PM CLOSED SESSION
7:00 PM REGULAR MEETING

City Hall
Council Chambers
12 Journey
Aliso Viejo, CA

Mayor Richard W. Hurt
Mayor Pro Tem Mike Munzing
Councilmember Tiffany Ackley
Councilmember Ross Chun
Councilmember Max Duncan

WELCOME to the City of Aliso Viejo City Council meeting. Those persons wishing to address the City Council are requested to complete and submit to the City Clerk a “Request to Address City Council” form ava ilable at the entrance to the City Council Chambers. Speakers will be called at the appropriate time as their interested matter is heard. COMMENTS WILL BE LIMITED TO THREE MINUTES PER SPEAKER. Council proceedings are recorded.

It is the City’s intention to comply with the Americans with Disabilities Act (ADA). If you need special assistance to participate in the meeting, the City will make reasonable arrangements to ensure accessibility and/or accommodations. [28 CFR 35.102-35.104 ADA Title II] Please contact the City Clerk’s Office at (949) 425-2505 at least 48 hours prior to the meeting.

Regular meetings of the City Council are held on the first and third Wednesday of the month at the City Hall Council Chambers, 12 Journey, Al iso Viejo. Copies of the agenda are available in the lobby at City Hall on the Thursday preceding a regularly scheduled City Council meeting. All communications received by the City regarding an agenda item have been included in the agenda materials. Suppl emental documents relating to specific agenda items, including communications received after agenda delivery, are presented at the dais and in the Public Copy agenda binder at the time of the meeting. Supplemental documents are also available for review in the City Clerk’s office, 12 Journey, Aliso Viejo. For more information, please contact City Hall at (949) 425- 2505.

This meeting will be broadcast live on Cox Communications Channel 851, AT&T U -Verse Channel 99 and the City's website. By attending the City Council Meeting, you are giving your permission to be televised. The Council Meetings are rebroadcast on Wednesday at 7:00 p.m. on Cox Communications Channel 851, AT&T U -Verse Channel 99, and can be viewed on the internet at www.avcity.org.

DAVID A. DOYLE SCOTT C. SMITH MITZI ORTIZ

CITY MANAGER CITY ATTORNEY CITY CLERK
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PLEASE SILENCE ALL CELL PHONES AND OTHER

ELECTRONIC EQUIPMENT WHILE CITY COUNCIL IS IN SESSION

CALL TO ORDER: CONVENE SPECIAL MEETING

PUBLIC COMMENTS:

CLOSED SESSION:

CONFERENCE WITH LEGAL COUNSEL- ANTICIPATED LITIGATION
Initiation of Litigation Pursuant to Government Code Section 54956.9(d)(4) Number of Potential Cases: 1

PUBLIC EMPLOYEE PERFORMANCE EVALUATION
Pursuant to Government Code Section 54957
Title: City Manager

CALL TO ORDER: CONVENE REGULAR MEETING

ROLL CALL

PLEDGE OF ALLEGIANCE:

REPORT FROM CLOSED SESSION:

1. SPECIAL PRESENTATIONS:

1.1. BUSINESS OF THE MONTH - CHUPÓNCITO MEXICAN COCINA
Certificate of Recognition

2. ADDITIONS, DELETIONS, REORDERING TO THE AGENDA:

3. COMMUNITY INPUT:

Members of the public wishing to address the City Council are requested to complete and submit to the City Clerk a “Request to Address City Council” form available at the entrance to the City Council Chambers. In compliance with the Brown Act, no discussion or action may be taken on comments received at this time, except the City Council may briefly respond to statements made or questions posed. Comments are limited to three (3) minutes per speaker.
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4. CONSENT CALENDAR:

All matters listed on the Consent Calendar will be acted upon by one vote unless members of the City Council, or staff request a matter to be discussed and/or removed from the Consent Calendar for separate action. Items removed from the Consent Calendar wi ll be discussed and voted upon immediately following City Council action on the remainder of the Consent Calendar.

4.1. WAIVE THE READING OF ALL ORDINANCES AND RESOLUTIONS Recommended Action: Approve the reading by title only of all ordinances and resolutions wherein the titles appear on the public agenda; said titles shall be determined to have been read by title, and further reading is waived.

4.2. APPROVAL OF MINUTES
Recommended Action: Approve the Minutes as submitted for the June 7, 2023 Spec ial Meeting and June 7, 2023 Regular Meeting.

Draft Minutes - June 7, 2023 Special Meeting
Draft Minutes - June 7, 2023 Regular Meeting

4.3. ACCOUNTS PAYABLE
Recommended Action: Ratify accounts payable checks and electronic funds transfers issued between May 26 and July 6, 2023, in the amount of $1,857,758.39.

Staff Report
Attachment 1 - Accounts Payable Report

4.4. TREASURER’S STATEMENT – MAY 2023
Recommended Action: Receive and file the May 2023 Treasurer’s Statement.

Staff Report
Attachment 1 - May 2023 Treasurer's Statement

4.5. INVESTMENT POLICY FOR FISCAL YEAR 2023-24
Recommended Action: Adopt a Resolution approving the Investment Policy for Fiscal Year 2023-24 and rescinding Resolution No. 2022-24 in its entirety.

Staff Report
Attachment 1 - Resolution
Attachment 2 - FY 2023-24 Investment Policy
Attachment 3 - FY 2023-24 Investment Policy (Redline)
Attachment 4 – Resolution No. 2022-24

4.6. RESOLUTION OF COMMUNITY FACILITIES DISTRICT NO. 2005-01 (GLENWOOD AT

ALISO VIEJO) AUTHORIZING THE ANNUAL LEVY OF SPECIAL TAXES FOR FISCAL YEAR 2023-24
Recommended Action: Adopt a Resolution of the City Council, acting as the legislative body of Community Facilities District No. 2005 -01 (Glenwood at Aliso Viejo), authorizing the annual levy of special taxes for fiscal year 2023-24.

Staff Report
Attachment 1 - Resolution
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4.7. AGREEMENT FOR LIMITED TERM-EXTRA HELP SERVICES OF CALPERS RETIREE (CINDY COLLINS)
Recommended Action: Authorize the City Manager to execute an agreement with retired annuitant Cindy Collins to serve as extra help as defined by the California Public Employees Retirement System (CalPERS) in the capacity of Recreation and Community Services Manager.

Staff Report
Attachment 1 - Agreement

4.8. AMENDMENT TO LICENSE AGREEMENT WITH RENEWABLE FARMS FOR THE

MANAGEMENT AND OPERATIONS OF GOLD COAST FARM AT ALISO VIEJO RANCH Recommended Action: Approve and authorize the City Manager to execu te the First Amendment to the License Agreement with Renewable Farms for the management and operations of Gold Coast Farm at Aliso Viejo Ranch.

Staff Report
Attachment 1 - License Agreement Amendment

4.9. FIRST AMENDMENT TO PROFESSIONAL SERVICES AGREEMENT WITH MIKE LINARES, INC. FOR CDBG ADMINISTRATIVE SERVICES
Recommended Action: Authorize a First Amendment to the Professional Services Agreement with Mike Linares, Inc. to increase total compensation by $30,000.

Staff Report
Attachment 1 - Original Agreement
Attachment 2 - Agreement Amendment

4.10. EIGHTH AMENDMENT TO PROFESSIONAL SERVICES AGREEMENT WITH KOSMONT & ASSOCIATES, INC. TO PROVIDE ECONOMIC DEVELOPMENT

CONSULTING SERVICES
Recommended Action: Approve and authorize the City Manager to execute an Eighth Amendment to the Professional Services Agreement with Kosmont & Associates, Inc. for economic development consulting services to extend the term to June 30, 2024.

Staff Report
Attachment 1 - Agreement
Attachment 2 - Eighth Amendment

4.11. LOT LINE ADJUSTMENT NO. LL 23-01 FOR LOTS 1, 5, AND 6 OF TRACT NO. 16838,

CITY OF ALISO VIEJO, VALUEROCK ALISO VIEJO LLC, VALUEROCK ALISO VIEJO

II LLC, LONE MOUNTAIN AZ LLC
Recommended Action:

1. Adopt a resolution approving Lot Line Adjustment LL 23-01; and

2. Authorize Staff to record proper documents with the Orange County Recorder.

Staff Report
Attachment 1 - Resolution
Attachment 2 - Site Plan
Attachment 3 - Lot Line Adjustment 23-01

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5. PUBLIC HEARINGS:

None.

6. DISCUSSION:

6.1. RESOLUTION SUPPORTING ASSEMBLY CONSTITUTIONAL AMENDMENT (ACA) 12

RELATING TO CONTROLLED SUBSTANCES
Recommended Action: Adopt a Resolution in support of Assembly Constitutional Amendment (ACA) 12 relating to controlled substances.

Staff Report
Attachment 1 - Resolution
Attachment 2 - ACA 12 Text

6.2. SELECTION OF VOTING DELEGATE FOR LEAGUE OF CALIFORNIA CITIES

GENERAL ASSEMBLY
Recommended Action: Designate a voting delegate and up to two alternates for the League of California Cities General Assembly to be held on Septemb er 22, 2023 at the Sacramento SAFE Credit Union Convention Center.

Staff Report
Attachment 1 - Memo

7. CITY MANAGER' S REPORT:

8. ANNOUNCEMENTS / COUNCIL COMMENTS / COMMITTEE UPDATES:

9. ADJOURNMENT:

The next regularly scheduled City Council meeting is August 2, 2023.

5 Certificate of Recognition

Presented to

CHUPÓNCITO

MEXICAN COCINA

Aliso Viejo
Business of the Month
July 2023

Presented this 19th day of July, 2023

Richard Hurt, Mayor
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Special Meeting Minutes

CITY OF ALISO VIEJO

CITY COUNCIL MINUTES

SPECIAL MEETING
June 7, 2023, 6:30 P.M.

Council Chambers, City Hall, 12 Journey
Aliso Viejo, California
CALL TO ORDER: Mayor Hurt called the Special Meeting of the City Council of the City of Aliso Viejo to order at 6:30 p.m.

ROLL CALL:

PRESENT: MAYOR RICHARD W. HURT

MAYOR PRO TEM MIKE MUNZING

COUNCILMEMBER TIFFANY ACKLEY

COUNCILMEMBER ROSS CHUN
ABSENT: COUNCILMEMBER MAX DUNCAN
STAFF PRESENT: HONGDAO NGUYEN, ASSISTANT CITY ATTORNEY
PUBLIC COMMENTS:

None.

CLOSED SESSION:

PUBLIC EMPLOYEE PERFORMANCE EVALUATION
Pursuant to Government Code Section 54957
Title: City Manager
REPORT FROM CLOSED SESSION:

Assistant City Attorney HongDao Nguyen stated no reportable action was taken.

ADJOURNMENT: Mayor Hurt adjourned the meeting at 6:53 p.m. to the June 7, 2023 Regular Council Meeting.
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Special Meeting Minutes
Respectfully submitted: Approved by:
________________________ ________________________

MITZI ORTIZ, MMC RICHARD HURT

CITY CLERK MAYOR
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Regular Meeting Minutes

CITY OF ALISO VIEJO

CITY COUNCIL MINUTES

REGULAR MEETING
JUNE 7, 2023, 7:00 P.M.

Council Chambers, City Hall, 12 Journey
Aliso Viejo, California
CALL TO ORDER: Mayor Hurt called the Regular Meeting of the City Council of the City of Aliso Viejo to order at 7:00 p.m.

ROLL CALL
PRESENT: MAYOR RICHARD W. HURT

MAYOR PRO TEM MIKE MUNZING

COUNCILMEMBER TIFFANY ACKLEY

COUNCILMEMBER ROSS CHUN
ABSENT: COUNCILMEMBER MAX DUNCAN
STAFF PRESENT: DAVID A. DOYLE, CITY MANAGER

HONGDAO NGUYEN, ASSISTANT CITY ATTORNEY

MITZI ORTIZ, CITY CLERK

ANN EIFERT, FINANCIAL SERVICES DIRECTOR

SHAUN PELLETIER, PUBLIC WORKS DIRECTOR

SO KIM, COMMUNITY DEVELOPMENT DIRECTOR

MICHAEL DELGADILLO, ASSISTANT PLANNER

LIZZY MENDOZA, RECREATION & COMMUNITY SERVICES MANAGER

ISAAC AZIZ, INFORMATION TECHNOLOGY MANAGER
CAPT. ALAN VILLANUEVA, CHIEF OF POLICE SERVICES
PLEDGE OF ALLEGIANCE: Councilmember Ackley led the pledge of allegiance.

REPORT FROM CLOSED SESSION:

Assistant City Attorney HongDao Nguyen stated no reportable action was taken.

1. SPECIAL PRESENTATIONS:

1.1. STATE OF THE CITY VIDEO
Mayor Hurt presented the State of the City video.
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Regular Meeting Minutes

2. ADDITIONS, DELETIONS, REORDERING TO THE AGENDA:

None.

3. COMMUNITY INPUT:

None.

4. CONSENT CALENDAR:

Unless otherwise indicated below, the following pertains to all items on the Consent Calendar.

Motion: Mayor Pro Tem Munzing moved and Council seconded to approve the recommended actions. Motion carried 4-0-1, with Councilmember Duncan absent.

4.2. APPROVAL OF MINUTES
Recommended Action: Approve the Minutes as submitted for the May 17, 2023 Regular Meeting.

4.3. SECOND READING AND ADOPTION OF AN ORDINANCE ESTABLISHING BY-

DISTRICT ELECTIONS, DEFINING DISTRICT BOUNDARIES, AND SCHEDULING

ELECTIONS WITHIN THE DISTRICTS
Recommended Action: Conduct second reading and adopt Ordinance No. 2023-236 entitled: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ALISO VIEJO, CALIFORNIA, ADDING SECTION 1.12.020 TO CHAPTER 1 OF TITLE 1 OF THE

ALISO VIEJO MUNICIPAL CODE ESTABLISHING BY- DISTRICT ELECTIONS,

DEFINING DISTRICT BOUNDARIES, AND SCHEDULING ELECTION S WITHIN THE DISTRICTS.

4.4. ACCOUNTS PAYABLE
Recommended Action: Ratify accounts payable checks and electronic funds transfers issued between April 28 and May 25, 2023, in the amount of $1,677,390.96. 10

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Regular Meeting Minutes

4.5. TREASURER’S STATEMENT – APRIL 2023
Recommended Action: Receive and file the April 2023 Treasurer’s Statement.

4.6. APPROPRIATIONS LIMIT - FISCAL YEAR 2023-24
Recommended Action: Adopt Resolution No. 2023-11 establishing the appropriations limit for Fiscal Year (FY) 2023-24 at $56,164,572.

4.7. AGREEMENTS FOR FY 2023- 24 LAW ENFORCEMENT SERVICES AND CROSSING

GUARD SERVICES
Recommended Action:

1. Authorize the City Manager to execute the agreement with the County of Orange for FY 2023-24 law enforcement services; and

2. Authorize the City Manager to execute the agreement with All City Management Services, Inc. for school crossing guard services.

4.8. AGREEMENT WITH THE CITY OF MISSION VIEJO FOR ANIMAL CONTROL AND

SHELTER SERVICES
Recommended Action:

1. Approve a seven- year agreement with the City of Mission Viejo for animal control and shelter services; and

2. Authorize the City Manager to execute a seven- year agreement with the City of Mission Viejo, in the amount of $474,487 for fiscal year 2023-24 an d in an amount to be determined annually thereafter.

4.9. AGREEMENT WITH WINTER VISUALS
Recommended Action: Approve and authorize the City Manager to execute a 3- year professional services agreement with Winter Visuals to perform video production services.

4.10. FIFTH AMENDMENT TO PROFESSIONAL SERVICES AGREEMENT WITH CIVIC SOLUTIONS, INC. TO PROVIDE PLANNING CONSULTING SERVICES Recommended Action: Approve and authorize the City Manager to execute a Fifth Amendment to the Professional Services Agreement with Civic Solutions, Inc. for planning consulting services to increase the total compensation by an amount not to exceed $68,000.

4.11. PROFESSIONAL SERVICES AGREEMENT WITH CHARLES ABBOTT ASSOCIATES

TO PROVIDE BUILDING & SAFETY AND CODE ENFORCEMENT SERVICES Recommended Action: Approve and authorize the City Manager to execute a Professional Services Agreement with Charles Abbott Associates for building & safety 11

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Regular Meeting Minutes
and code enforcement consulting services for a five- year period, with a total compensation amount not to exceed $600,000, annually ($3,000,000 total).

4.12. AGREEMENT WITH CHARLES ABBOTT ASSOCIATES, INC. FOR ENVIRONMENTAL

CONSULTING SERVICES
Recommended Action:

1. Approve a 3- year agreement with Charles Abbott Associates, Inc. to perform environmental consulting services; and

2. Authorize the City Manager to execute a professional services agreement with Charles Abbott Associates, Inc. for an amount of $900,000.

4.13. AGREEMENT WITH CHARLES ABBOTT ASSOCIATES, INC. FOR PUBLIC WORKS

CONSULTING SERVICES
Recommended Action:

1. Approve a 5- year agreement with Charles Abbott Associates, Inc. to perform public works consulting services; and

2. Authorize the City Manager to execute a professional services agreement with Charles Abbott Associates, Inc. with a compensation amount of $140,000 annually, and total compensation not to exceed $700,000 over the 5-year term.

4.14. AGREEMENT WITH ENGINEERING RESOURCES OF SOUTHERN CALIFORNIA, INC. FOR ON-CALL CIVIL ENGINEERING SERVICES
Recommended Action:

1. Approve a 3- year agreement with Engineering Resources of Southern California, Inc. to perform on-call civil engineering services; and

2. Authorize the City Manager to execute a professional services agreement with Engineering Resources of Southern California, Inc. for an amount of $400,000.

4.15. FIRST AMENDMENT WITH NICHOLS CONSULTING ENGINEERS, CHTD FOR

PAVEMENT MANAGEMENT PROGRAM SERVICES
Recommended Action:

1. Approve a first amendment to the agreement with Nichols Consulting Engineers, CHTD (NCE) to perform pavement management program services to renew the agreement through June 30, 2024, and increase the total compensation under the agreement by $40,000; and

2. Authorize the City Manager to execute the first amendment to the agreement.

4.16. AQUATIC CENTER EQUPMENT MAINTENANCE
Recommended Action:

1. Approve a Second Amendment to the Agreement with Knorr Systems, Inc. to perform Equipment Maintenance Services at Aquatic Center that extends the term 12

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one year and increases the compensation amount by $50,000 for a total authorization of $220,000 since 2020; and

2. Authorize the City Manager to execute the Second Amendment to the Agreement.

4.17. SECOND AMENDMENT TO THE AGREEMENT WITH RK ENGINEERING GROUP INC. FOR ON-CALL PARKING AND TRAFFIC ANALYSIS
Recommended Action:

1. Approve a second amendment to the agreement with RK Engineering Group, Inc. to perform on- call parking and traffic analysis that renews the agreement for an additional one-year term and increases the total compensation under the agreement by $50,000 for a total amount of $100,000; and

2. Authorize the City Manager to execute the second amendment to the agreement.

4.18. RENEWED MEASURE M ELIGIBILTY
Recommended Action:

1. Adopt a 7-year Capital Improvements Program (CIP) for Street Projects;

2. Adopt Resolution No. 2023-12 concerning the status of the Circulation Element and Mitigation Fee Program; and

3. Adopt Resolution No. 2023-13 concerning the status of the Local Signal Synchronization Plan.

4.19. FISCAL YEAR 2023-24 PROJECT LIST FOR ROAD MAINTENANCE AND REHABILITATION ACCOUNT FUNDING (SB 1)
Recommended Action: Adopt Resolution No. 2023-14 adopting a list of projects for fiscal year 2023-24 funded by SB 1: The Road Repair and Accountability Act of 2017.

4.20. DIRECT CITY COUNCIL HEALTH BENEFIT ALLOWANCE TO DEFERRED

COMPENSATION ACCOUNT
Recommended Action: Adopt Resolution No. 2023-15 directing current and future monthly health benefit allowances for Council Members to deferred compensation accounts rather than making the allowance available for the purchase of health, dental, and vision insurance, as well as retirement survivors’ benefit, as applicable.

5. PUBLIC HEARINGS:

5.1. CONDITIONAL USE PERMIT TO OPERATE A CHURCH AT 115 COLUMBIA City Manager David Doyle introduced Community Development Director So Kim, who provided an overview. Applicant Mike Sung provided additional information. S taff responded to questions regarding existing church. Mayor Hurt opened the public hearing. There were no comments. Mayor Hurt closed the public hearing.

Councilmembers commented on the matter.
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Recommended Action:

1. Find that the request is exempt from the California Environmental Quality Act pursuant to State CEQA Guidelines Sections 15301 (Existing Facilities); and

2. Adopt Resolution No. 2023-16 approving the Conditional Use Permit (USE-2023- 00013) to operate a church (International Grace Ministry) at 115 Columbia.

Motion: Councilmember Ackley moved and Mayor Pro Tem Munzing seconded t o approve the recommended actions. Motion carried 4-0-1, with Councilmember Duncan absent.

5.2. CONDITIONAL USE PERMIT TO OPERATE A MASSAGE THERAPY AND SKINCARE TREATMENT ESTABLISHMENT AT 19 VANTIS (USE-2023-00009)
City Manager David Doyle introduced Assistant Planner Michael Delgadillo, who provided an overview. Applicant Lucy Wojskowicz responded to questions regarding hours of operation. Mayor Hurt opened the public hearing. There were no comments.

Mayor Hurt closed the public hearing. Councilmembers commented on the matter.

Recommended Action:

1. Find that the request is exempt from the California Environmental Quality Act pursuant to State CEQA Guidelines Sections 15301 (Existing Facilities); and

2. Adopt Resolution No. 2023-17 approving the Conditional Use Permit to operate a skincare and massage therapy establishment at 19 Vantis (USE-2023-00009).

Motion: Councilmember Chun moved and Mayor Hurt seconded to approve the recommended actions. Motion carried 4-0-1, with Councilmember Duncan absent.

5.3. RE-ADOPTION OF GENERAL PLAN AMENDMENT PA21- 019 FOR THE 6TH CYCLE

HOUSING ELEMENT UPDATE
City Manager David Doyle introduced Community Development Director So Kim, who provided an overview. Staff responded to questions regarding review and approval timeline, potential minor modifications, and affordable housing . Mayor Hurt opened the public hearing and the following persons provided comment:

1. Tom Merritt expressed concern with the potential for increased residential density at The Commons.

2. Kate Van Camp expressed support for the item and concern with proposed mixed- use project at The Commons.

There were no other comments. Mayor Hurt closed the public hearing. Councilmembers commented on the matter.

Recommended Action:

1. Find that the request is exempt from the California Environmental Quality Act pursuant to State CEQA Guidelines Section 15061(b)(3) (Common Sense Exemption);
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2. Adopt Resolution No. 2023-18 adopting a General Plan Amendment for the 6th Cycle Housing Element (PA21-019); and

3. Authorize the Community Development Director to make minor modifications to the 6th Cycle Housing Element to the extent that such modifications are necessary to address further HCD comments and receive certification.

Motion: Mayor Pro Tem Munzing moved and Councilmember Chun seconded t o approve the recommended actions. Motion carried 4-0- 1, with Councilmember Duncan absent.

6. DISCUSSION:

6.1. PROPOSED ANNUAL BUDGET FOR FISCAL YEAR 2023-24
City Manager David Doyle introduced Financial Services Director Ann Eifert , who provided an overview. Staff responded to questions regarding facility rental fees, Aliso Viejo Ranch debt service payment, and Recreation & Community Services expenditures.

Councilmembers commented on the matter.

Recommended Action:

1. Adopt Resolution No. 2023-19 adopting the Annual Budget for Fiscal Year 2023- 24; and

2. Adopt Resolution No. 2023-20 approving City Salary Schedules.

Motion: Mayor Pro Tem Munzing moved and Councilmember Chun seconded t o approve the recommended actions. Motion carried 4-0- 1, with Councilmember Duncan absent.

7. CITY MANAGER' S REPORT:

City Manager David Doyle announced the beginning of Summer Camps and encouraged residents to register for upcoming programs; announced Movie Night to be held at 6:00 p.m. on August 25, 2023, at Aliso Viejo Middle School; and expressed appreciation to staff and the City Council for a great Fiscal Year 2023-24.

8. ANNOUNCEMENTS / COUNCIL COMMENTS / COMMITTEE UPDATES:

Councilmember Ackley:
 Attended Support our Marines Car Wash fundraiser in Laguna Niguel  Wished everyone a safe and happy 4th of July
 Encouraged residents to attend AVCA July 4th Celebration & Fireworks  Wished AVCA Board Member Bill Conley well in his retirement  Wished everyone a happy Pride Month
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Councilmember Chun:
 Congratulated Aliso Niguel High School graduates
 Congratulated Aliso Viejo Community Foundation Scholarship recipients  Expressed appreciation to The Covington for invitation to perform  Presented on Hawaiian culture at Belmont Village
 Attended OCFA helicopter tour
 Attended SCAG Transportation Committee Meeting
 Attended Don Juan Avila Middle School Jewish American Heritage Month event  Presented American Red Cross Spirit of Hope Award posthumously to Dr. John Cheng  Participated in Canyon Vista Elementary School Multicultural Day event  Announced dog walking event in partnership with local businesses  Expressed appreciation to AVCA Board Member Bill Conley for his years of service Mayor Pro Tem Munzing:
 Attended Aliso Viejo Chamber of Commerce Field Trip Friday at Microvention  Attended Aliso Viejo Chamber of Commerce After Hours event  Attended Memorial Day Observance at El Toro Memorial Park  Expressed condolences on the passing of Tustin Councilmember Allen Bernstein  Attended Aliso Niguel High School Graduation
 Encouraged residents to attend AVCA July 4th Celebration & Fireworks Mayor Hurt:
 Attended various TCA Committee Meetings
 Attended Memorial Day Observance at El Toro Memorial Park  Attended Aliso Niguel High School Graduation
 Attended San Joaquin Elementary School Graduation
 Wished everyone a safe and happy 4th of July

9. ADJOURNMENT:

Mayor Hurt adjourned the meeting at 8:17 to July 19, 2023. The regularly scheduled City Council meetings of June 21 and July 5, 2023 have been cancelled.

Respectfully submitted: Approved by:
________________________ ________________________

MITZI ORTIZ, MMC RICHARD HURT

CITY CLERK MAYOR
16 City of Aliso Viejo

AGENDA ITEM
DATE: July 19, 2023
TO: Mayor and City Council
FROM: Ann Eifert, Director of Financial Services

SUBJECT: ACCOUNTS PAYABLE
Recommended Action:

Ratify accounts payable checks and electronic funds transfers issued between May 26 and July 6, 2023, in the amount of $1,857,758.39.

Fiscal Impact:

Expenditures in the amount of $1,857,758.39.

Background:

The City issues accounts payable checks on bi-weekly basis and presents it to City Council for ratification at its next regularly scheduled City Council meeting.

Discussion:

The attached register containing checks and electronic funds transfers between May 26 and July 6, 2023, for a total of $1,857,758.39 is being presented for ratification. All payments have been made in compliance with the City’s purchasing policy and procedures. Payments have been reviewed and approved by the appropriate departmental staff. The issued accounts payable checks and electronic funds transfers have been reviewed and deemed in accordance with the fiscal year budget by the Director of Financial Services.

Attachment:

1. Accounts Payable Report
17 Accounts Payable
Description (Item)Vendor Name Amount
101 - GENERAL FUND
JUL'23 VISION INSURANCECHOICE BUILDER 353.06
JUL'23 ADMIN FEECHOICE BUILDER 35.00
JUL'23 DENTAL INSURANCECHOICE BUILDER 2,224.18
JUN'23 DENTAL - JRCHOICE BUILDER (200.40)
JUN'23 VISION - JRCHOICE BUILDER (29.54)
REF0011603889-5/25 URBAN WELLNESS LOUNGE CUP PHCALIFORNIA NEWSPAPERS PARTNERSHIP 458.80 REF0011603872-5/25 INTL GRACE MINISTRIES CUP PHCALIFORNIA NEWSPAPERS PARTNERSHIP 458.80 MAY'23 ON-CALL TRAFFIC CONSULTANT SERVICESSTC TRAFFIC, INC 3,900.00 APR'23 CAA ENG 5004 MNWDCHARLES ABBOTT ASSOC INC 528.93 APR'23 ENG 2243 GLAUKOS SITE 2CHARLES ABBOTT ASSOC INC 352.63 APR'23 CAA ENG 5046 NX UTILITIESCHARLES ABBOTT ASSOC INC 50.38 APR'23 ENG 5060 EL TORO WATER DISTRICTCHARLES ABBOTT ASSOC INC 25.19 APR'23 CAA ENG 5003 COXCHARLES ABBOTT ASSOC INC 629.68
APR'23 ENG 2241 GLAUKOS SITE 1CHARLES ABBOTT ASSOC INC 327.44 APR'23 CAA ENG 5064 CLEAR THOUGHT CORPCHARLES ABBOTT ASSOC INC 75.56 APR'23 ENG 2247 SUMMIT IV 15-25 ENTERPRISE LDSCPNGCHARLES ABBOTT ASSOC INC 75.56 APR'23 CAA ENG 5049 COX UTILITYCHARLES ABBOTT ASSOC INC 100.75 APR'23 CAA ENG 5005 SCE - SADDLEBACKCHARLES ABBOTT ASSOC INC 176.31 APR'23 ENG 2230 15-25 ENTERPRISE GRADINGCHARLES ABBOTT ASSOC INC 75.56 APR'23 CAA ENG 5067 WEBBS GRAINWORKSCHARLES ABBOTT ASSOC INC 201.50 APR'23 ENG 2250 CITY LIGHTS GRADINGCHARLES ABBOTT ASSOC INC 250.18 APR'23 CAA-6 COMPUTER STATIONS LEASE CREDITCHARLES ABBOTT ASSOC INC (300.00) 05/31/23 (THE COMMONS APTS) REVIEW AND EVALBEST BEST & KRIEGER 250.40 MAY'23 BBK MAJOR GENERAL PLAN UPDATEBEST BEST & KRIEGER 1,618.20 MAY'23 BBK SDP 2022-0004 AVALON BAYBEST BEST & KRIEGER 966.00 MAY'23 BBK TOWN CENTER SPECIFIC PLANBEST BEST & KRIEGER 3,375.90 PVR-2022-00044_2 SEVEN KINGS PL_PERMIT REFUNDSUNRUN INSTALLATION SERVICES 153.50 P#23-04-54_10 NORTHWINDS_FRISCH AND SONS INC.FRISCH AND SONS CONSTRUCTION INC. 3,000.00 POOL-2023-00004_10 NORTHWINDS_FRISCH AND SONS INCFRISCH AND SONS CONSTRUCTION INC. 500.00 APR'23 ENG2252/COMMONS 4TH AND FINAL PLAN CHECKRJM DESIGN GROUP INC 172.00 P#2020-0685_25 ALISAL CT_SAMUEL HUBINETTE RACINGSAMUEL HUBINETTE RACING INC 750.00 CD-2022-00055_25 ALISAL CT_SAMUEL HUBINETTE RACINGSAMUEL HUBINETTE RACING INC 176.74 WQ-2022-00026_25 ALISAL CT_SAMUEL HUBINETTE RACINGSAMUEL HUBINETTE RACING INC 191.08 BLDC-2022-00014_140 COLUMBIA_COMPASS BIBLE CHURCHCOMPASS BIBLE CHURCH 1,000.00 BLDR-2023-00102_4 WINDFLOWER_AMERICAN SUPREME ROOFAMERICAN SUPREME ROOFING 500.00 JUL'23 LIFE INSURANCEUNITED OF OMAHA LIFE INSURANCE CO. 1,448.50 JUL'23 CALPERS HEALTH PREMIUMCALPERS HEALTH 24,161.84
JUL'23 HEALTH PREMIUM - RCCALPERS HEALTH 1,815.15
JUL'23 HEALTH PREMIUM - RHCALPERS HEALTH 1,361.42
MAY'23 CAA ENG 5057 FERREIRACHARLES ABBOTT ASSOC INC 1,536.44 MAY'23 CAA ENG 5003 COXCHARLES ABBOTT ASSOC INC 528.93
MAY'23 ENG 2241 GLAUKOS SITE 1CHARLES ABBOTT ASSOC INC 100.75 MAY'23 ENG 2243 GLAUKOS SITE 2CHARLES ABBOTT ASSOC INC 352.63 MAY'23 ENG 2247 SUMMIT IV 15-25 ENTERPRISE LDSCPNGCHARLES ABBOTT ASSOC INC 277.06 MAY'23 ENG 2250 CITY LIGHTS GRADINGCHARLES ABBOTT ASSOC INC 125.09 MAY'23 CAA ENG 5005 SCE - SADDLEBACKCHARLES ABBOTT ASSOC INC 226.69 MAY'23 CAA ENG 5064 CLEAR THOUGHT CORPCHARLES ABBOTT ASSOC INC 201.50 MAY'23 ENG 2251 26501 ALISO CREEK GRADINGCHARLES ABBOTT ASSOC INC 125.94 MAY'23 CAA ENG 5004 MNWDCHARLES ABBOTT ASSOC INC 428.18 MAY'23 ENG 2230 15-25 ENTERPRISE GRADINGCHARLES ABBOTT ASSOC INC 75.56 MAY'23 CAA-6 COMPUTER STATIONS LEASE CREDITCHARLES ABBOTT ASSOC INC (300.00) MAY'23 CR&R COMPLIANCE AUDITHF&H CONSULTANTS LLC 10,493.75 PA21-027/TESLA PROJECT - R00008579 DEPOSIT REFUNDJRC ALISO VIEJO LLC 3,748.40 BLDC-2022-00021_15 MAREBLU_CON-AM BUILDING CO.CONAM BUILDING CO. 500.00 BLDC-2022-00094_35 ENTERPRISE_CAIRNEY CONST. CORP.CAIRNEY CONSTRUCTION CORPORATION 500.00 18 Description (Item)Vendor Name Amount
BLDR-2022-00423_15 FAWNRIDGE PL_FLANIGAN CONST.FLANIGAN CONSTRUCTION INC 500.00 70,631.22

CITY COUNCIL
MAY'23 CC PHONES LINESAT&T 236.69
DL 5-8 SCAG - RC -PRTL REFUND- 5/3 CANCELLED NIGHTUS BANK PURCHASING CARD PROGRAM (40.41) DL 4-20 ICSC - MD - CONF REGISTRATIONUS BANK PURCHASING CARD PROGRAM 875.00 DL 5-2 ICSC - MD - FLIGHTUS BANK PURCHASING CARD PROGRAM 327.96 DL 4-27 SCAG CONF - RH - HOTEL - 5/3-5/5US BANK PURCHASING CARD PROGRAM 478.82 DL 5-2 ICSC - MD - HOTEL DEPOSIT 5/21-5/23US BANK PURCHASING CARD PROGRAM 419.10 DL 4-17 ICSC CONF - RC - HOTEL CANCELLATION REFUNDUS BANK PURCHASING CARD PROGRAM (397.33) DL 4-27 SCAG CONF - RC - HOTEL - 5/4-5/5US BANK PURCHASING CARD PROGRAM 239.41 DL 5-18 ICSC-MD-HOTEL REMAINING BALANCE 5/21-5/23US BANK PURCHASING CARD PROGRAM 295.02 DL 5-2 ICSC - RH-HOTEL REMAINING BALANCE 5/21-5/23US BANK PURCHASING CARD PROGRAM 262.37 JUL'23 HEALTH PREMIUM PEMHCA MINIMUM - RHCALPERS HEALTH 151.00 JUL'23 HEALTH PREMIUM PEMHCA MINIMUM - RCCALPERS HEALTH 151.00 CITY COUNCIL TOTAL: 2,998.63

CITY MANAGER
FINAL PAYMENT-OCCMA JUNE RETREAT- AV CENTERALISO VIEJO BANQUET CENTER LLC 2,171.31 DD 4-26 CM FASTRACK/TOLL ROADS MONTHLY CHARGESUS BANK PURCHASING CARD PROGRAM 335.00 DD 5-12 OPAH-OCCMA RETREAT PLANNING LUNCHUS BANK PURCHASING CARD PROGRAM 198.09 DD 5-4 LAZ PARKING - MEDAL OF VALORUS BANK PURCHASING CARD PROGRAM 46.89 DD 5-21 CURB LV TAXI - AIRPORT TO HOTELUS BANK PURCHASING CARD PROGRAM 38.51 MAY'23 CM PHONE LINEAT&T 50.35
MAY'23 HR PHONE LINEAT&T 50.35
DL 5-2 ICSC - DD - HOTEL DEPOSIT 5/21-5/23US BANK PURCHASING CARD PROGRAM 295.93 DL 4-27 OCCMA PROF DEV WORKSHOP - CATERINGUS BANK PURCHASING CARD PROGRAM 1,506.61 DL 5-2 OCCMA PROF DEV WORKSHOP - CATERING - ADD ONUS BANK PURCHASING CARD PROGRAM 296.16 DL 5-1 CM LUNCH MEETING - 5/2US BANK PURCHASING CARD PROGRAM 110.56 DL 5-23 ICSC -DD-HOTEL REMAINING BALANCE 5/21-5/23US BANK PURCHASING CARD PROGRAM 295.93 DL 4-27 OCCMA MONTHLY MAY MEETING - CATERINGUS BANK PURCHASING CARD PROGRAM 3,195.33 JUL'23-PG-HEALTH PREMIUMCALPERS HEALTH 151.00
6/29 OCCMA JUNE RETREAT TRANSPORTATIONPARKING CONCEPTS 725.00 CITY MANAGER TOTAL: 9,467.02

ECONOMIC DEVELOPMENT
MAY'23-BUS OF THE MONTH_30 MINUTE HITERIC WINTER 735.42 MAY'23 BBK 89 PLAYA CIRCLEBEST BEST & KRIEGER 648.40
APR'23 BBK 89 PLAYA CIRCLEBEST BEST & KRIEGER 1,658.90
JAN-MAR'23 SALES TAX-EFUELEFUEL LLC 154,124.00
ECONOMIC DEVELOPMENT TOTAL: 157,166.72

HUMAN RESOURCES
JUN'23 EXECUTIVE TEAM RETREAT/TRAININGLEE BROEKMAN 7,109.27 DD 4-25 STARBUCKS RCS INTERIMUS BANK PURCHASING CARD PROGRAM 18.35 MAY'23-CF/BR/AB/ZRM SECURE LIVE SCAN FEESCHARLES C STILL 248.00 4/6 ACCT TECH BACKGROUND CHECK - TLSMARTHIRE, A DIVISION OF KROUT & SCHNEIDER, INC 122.00 PC 4/27 TEATRO HOTEL REMAINING BALANCE-SHRM 4/27US BANK PURCHASING CARD PROGRAM 102.68 PC 4/25 ILLEGAL BURGER - SHRM 4/24 DINNERUS BANK PURCHASING CARD PROGRAM 18.42 PC 4/27 UBER - SHRM 4/27US BANK PURCHASING CARD PROGRAM 103.40 PC 4/30 PROMETRIC EXAM FEEUS BANK PURCHASING CARD PROGRAM 53.00 PC 4/27 JOHN WAYNE AIRPORT PARKING - SHRM 4/27US BANK PURCHASING CARD PROGRAM 94.00 JNL 6-09 RCS CPR TRAINING - JESSICA PRITCHETUS BANK PURCHASING CARD PROGRAM 69.00 JNL 6-09 RCS CPR TRAINING - ANASTASIA BEKISUS BANK PURCHASING CARD PROGRAM 69.00 JNL 6-09 RCS CPR TRAINING - ROMAN PERALTAUS BANK PURCHASING CARD PROGRAM 69.00 JNL 6-09 RCS CPR TRAINING - BRITTANY RAMOSUS BANK PURCHASING CARD PROGRAM 69.00 JNL 6-21RCS CPR TRAINING - MEGAN LAWRITSONUS BANK PURCHASING CARD PROGRAM 69.00 HUMAN RESOURCES TOTAL: 8,214.12

CITY CLERK
REF0011603879-5/25 PA21-019 (GPA) REV. 21-29 HECALIFORNIA NEWSPAPERS PARTNERSHIP 607.60 MO-4/11-13/23 CCAC ANNUAL CONF REIMB_MILEAGEMITZI ORTIZ 124.45 MO-5/14-18/23 IIMC REIMB_MILEAGE_AIRFARE_AIRPT PKGMITZI ORTIZ 893.34 APR'23 OFFICE SUPPLIES CCSTAPLES ADVANTAGE 20.36
APR'23 RECOGNITION SUPPLIES CCSTAPLES ADVANTAGE 62.55
MO 5/14 2023 IIMC UBER - MSP AIRPORT TO HYATT MPLSUS BANK PURCHASING CARD PROGRAM 26.86 MO 5/18 2023 IIMC UBER - HYATT MPLS TO MSP AIRPORTUS BANK PURCHASING CARD PROGRAM 30.00 19 Description (Item)Vendor Name Amount
MO 4/10 2023 CCAC RENAISSANCE PALM SPRINGS 4/11-14US BANK PURCHASING CARD PROGRAM 441.12 MO 5/13 HYATT REGENCY MN CANCELLATION 5/18-21US BANK PURCHASING CARD PROGRAM 155.00 MO 5/18 2023 IIMC HYATT REGENCY MN 5/14-18US BANK PURCHASING CARD PROGRAM 717.46 MO 5/3 SEC OF STATE-NPC STMT OF INFO_ AVRANCH FNDNUS BANK PURCHASING CARD PROGRAM 20.00 MO 5/5 SEC OF STATE-NPC STMT OF INFO_AV PFCUS BANK PURCHASING CARD PROGRAM 20.00 2022 CANDIDATE STATEMENT REFUND - PAYAL AVELLANPAYAL AVELLAN 55.80 2022 CANDIDATE STATEMENT REFUND - TIFFANY ACKLEYACKLEY FOR CITY COUNCIL 2022 55.80 2022 CANDIDATE STATEMENT REFUND - TARA RICKSENTARA RICKSEN 55.80 2022 CANDIDATE STATEMENT REFUND - MAX DUNCANMAXON E DUNCAN 55.80 2022 CANDIDATE STATEMENT REFUND - ARTHUR OSORIOARTHUR OSORIO 55.80 MO 6/14 ICMA 2023 ANNUAL CONF 9/30-10/4/23 IN ATXUS BANK PURCHASING CARD PROGRAM 590.00 MO 6/7 LCC EB CONF & CCLK WKSHP 9/20-22/23 IN SACUS BANK PURCHASING CARD PROGRAM 825.00 MO 6/7 IIMC MEMBERSHIP RENEWALUS BANK PURCHASING CARD PROGRAM 225.00 MO 6/8 CCAC MEMBERSHIP RENEWALUS BANK PURCHASING CARD PROGRAM 250.00 FY23-24 OC REGISTER SUBS ACCT#150428229-26 WKSORANGE COUNTY REGISTER 426.58 MUNI CODE-WEB UPD 15PGS W. PICS/TABLS ORD2023-235ICC GENERAL CODE, INC 427.50 LL MILEAGE REIMBURSEMENT FOR JAN-JUN 2023LEKKINA LONG 61.31 LL MILEAGE REIMBURSEMENT FOR JUL-DEC 2022LEKKINA LONG 16.38 CITY CLERK TOTAL: 6,219.51

CITY ATTORNEY
MAY'23 BBK LITIGATION - CCBEST BEST & KRIEGER 597.90
MAY'23 BBK LEGAL SERVICESBEST BEST & KRIEGER 22,134.60
MAY'23 BBK LABOR & EMPLOYMENTBEST BEST & KRIEGER 353.10 MAY'23 BBK LABOR & EMPLOYMENTBEST BEST & KRIEGER 5,500.00 MAY'23 BBK LABOR/BENEFITSBEST BEST & KRIEGER 2,817.00
MAY'23 BBK CEQA & ENVIRONMENTALBEST BEST & KRIEGER 4,225.50 MAY'23 BBK AIR - SPECIAL PROJECTS WITH NO DEPOSITBEST BEST & KRIEGER 3,782.00 MAY'23 BBK NPDESBEST BEST & KRIEGER 167.40
MAY'23 BBK GENERAL LITIGATIONBEST BEST & KRIEGER 1,480.20 MAY'23 BBK CVRA DEMANDBEST BEST & KRIEGER 1,574.50
APR'23 BBK LITIGATION - CCBEST BEST & KRIEGER 6,390.90
APR'23 BBK LEGAL SERVICESBEST BEST & KRIEGER 23,288.00
APR'23 BBK LABOR / EMPLOYMENTBEST BEST & KRIEGER 438.20 APR'23 BBK LABOR / BENEFITSBEST BEST & KRIEGER 93.90
APR'23 BBK MAJOR GENERAL PLAN UPDATEBEST BEST & KRIEGER 790.90 APR'23 BBK APPLICANT INITIATED REIMBURSABLEBEST BEST & KRIEGER 322.50 APR'23 BBK GENERAL LITIGATIONBEST BEST & KRIEGER 782.50 APR'23 BBK CVRA DEMANDBEST BEST & KRIEGER 5,112.00
APR'23 #801 GENERAL PLAN/TOWN CTR SPECIFIC PLANBEST BEST & KRIEGER 1,422.90 CITY ATTORNEY TOTAL: 81,274.00

FINANCE
JUN'23 CH CASH COURIER SERVICEGARDAWORLD 476.25
AVPFC TAX RETURN PREP FOR FY19-20 + 20-21 + 21-22DAVIS FARR LLP 3,281.25 APR'23 PARS REP FEESPARS 300.00
APR-JUN'23 SALES TAX RECOVERY SERVICEHINDERLITER DE LLAMAS & ASSOCIATES 162.57 APR-JUN'23 SALES TAX CONTRACT SERVICEHINDERLITER DE LLAMAS & ASSOCIATES 1,662.45 AE 5-16 CA FRANCHISE TAX BOARD FILING FEE - AVPCUS BANK PURCHASING CARD PROGRAM 11.00 AE 5-15 USPS - POSTAGE FOR AVPC TAX RETURNUS BANK PURCHASING CARD PROGRAM 5.41 AE 5-11 CSMFO TRAININGUS BANK PURCHASING CARD PROGRAM 200.00 JUL'23 CALPERS ADMIN FEECALPERS HEALTH 85.69
JUL'23 CALPERS ADMIN FEECALPERS HEALTH 11.48
AE 6/7 CSMFO OC CHAPTER MEETINGUS BANK PURCHASING CARD PROGRAM 45.00 5/27/23-5/26/24 IMPLEMENTATION AND ANNUAL FEEFIFTH ASSET, INC 7,000.00 FINANCE TOTAL: 13,241.10

INFORMATION TECHNOLOGY
MAY'23 CH-ALARM/POTS LINEAT&T 2,339.47
JAN'23 SONITROL ACCESS & SECURITYSONITROL ORANGE COUNTY LLC 1,537.81 FEB'23 SONITROL ACCESS & SECURITYSONITROL ORANGE COUNTY LLC 1,537.81 MAR'23 SONITROL ACCESS & SECURITYSONITROL ORANGE COUNTY LLC 1,537.81 APR'23 SONITROL ACCESS & SECURITYSONITROL ORANGE COUNTY LLC 1,612.91 MAY'23 SONITROL ACCESS & SECURITYSONITROL ORANGE COUNTY LLC 1,612.91 JUN'23 SONITROL ACCESS & SECURITYSONITROL ORANGE COUNTY LLC 1,612.91 AJAV 5MP AND 180 CAMERA INSTALLATIONJOSEPH GHOULAM 2,345.69 JUN'23 CH GOTO VOIP SERVICE & SUPPORTGOTO COMMUNICATIONS 1,990.56 20 Description (Item)Vendor Name Amount
JUN'23 INTERNET #0202 TV/CABLE - CITYHALLCOX COMMUNICATIONS, INC 178.10 FY22-23 ACCT #8802-CH-INTERNETCOX COMMUNICATIONS, INC 1,500.00 JUN'23 NETWORK SUPPORT & SECURITYNATHAN M KEETER 416.67 MAY'23 FLEET COMPLETE GPSAT&T 168.04
MAY'23 EOC PHONESAT&T 107.99
MAY'23 CH 3 MIFIAT&T 163.96
MAY'23 EOC MIFIAT&T 160.96
MAY'23 ACCT#2566 AT&T INTERNET LATE FEESAT&T 45.84
MAY'23 ACCT#2566 CH AT&T FIBER INTERNETAT&T 1,695.39
MAY'23 O365 - CH - LICENSES & SUPPORTTANGENT COMPUTERS INC 2,999.86 MAY'23 IT SUPPLIES-PHOTO GLOSSY 36 BY 100FT QTY 2STAPLES ADVANTAGE 276.96 IA-4/28 EOC YOUTUBE SUBSCRIPTIONUS BANK PURCHASING CARD PROGRAM 72.99 IA-5/16 WAITWHILE SUBSCRIPTIONUS BANK PURCHASING CARD PROGRAM 159.00 IA-5/5 STAPLES PLOTTER PAPERUS BANK PURCHASING CARD PROGRAM 30.16 JUN'23 OFFSITE BACKUP STORAGELUNAVI, INC 1,272.64
MAY'23 ACCT#9302 INTERNET SERVER ROOMCOX COMMUNICATIONS, INC 85.39 JUN'23 ACCT#2566 ADJUSTMENT FEESAT&T 11.55
JUN'23 ACCT#2566 CH AT&T FIBER INTERNETAT&T 1,695.39
AE FY 24 EMPLOYEE COMPUTER PURCHASE REIMBURSEMENTANN EIFERT 1,650.00 4/13-8/11/23 ADOBE INDESIGN & ILLUSTRATOR LICENSESHI INTERNATIONAL CORP 250.00 IA-5/28 EOC YOUTUBE SUBSCRUS BANK PURCHASING CARD PROGRAM 72.99 IA-5/25 FY23-24 SURVEY MONKEY-05/25/23 - 05/24/24US BANK PURCHASING CARD PROGRAM 468.00 IA-6/10 FY23-24 GODADDY.COM CITYOFALISOVIEJO.COMUS BANK PURCHASING CARD PROGRAM 99.99 IA-6/13 STELLAR DATA RECOVERYUS BANK PURCHASING CARD PROGRAM 548.98 IA-6/16 WAITWHILE SUBSCRIPTIONUS BANK PURCHASING CARD PROGRAM 159.00 IA-6/18 FY23-24 GOTO WEBINAR 06/18/23 - 06/17/24US BANK PURCHASING CARD PROGRAM 1,068.00 JUN'23 CH O365 LICENSES & SUPPORTTANGENT COMPUTERS INC 2,999.86 JUN'23 ACCT#9302 SERVER ROOM INTERNETCOX COMMUNICATIONS, INC 85.39 RC 6/21 ESTRY 3400MAH BATTERY REPLACMNT GLOBALSTARUS BANK PURCHASING CARD PROGRAM 57.72 RC 6/05 50 PACK HEAVY DUTY RETRACTABLE BADGE REELSUS BANK PURCHASING CARD PROGRAM 39.86 SP FY 24 EMPLOYEE COMPUTER PURCHASE REIMBURSEMENTSHAUN PELLETIER 1,410.11 INFORMATION TECHNOLOGY TOTAL: 36,078.67

NON-DEPARTMENTAL
JUN'23 - RECORDS OFF SITE STORAGECERTIFIED RECORDS MANAGEMENT 473.04 BUS CARDS-J PORRAS & S WILSONIPROMOTEU.COM INC 94.71
JUN'23 RICOH 2504EX (FRONT COUNTER)-COPIESRICOH USA 291.65 JUN'23 RICOH 2504EX SUITE 200-COPIESRICOH USA 22.05
JUN'23 RICOH 2504 (BACK OFFICE)-COPIESRICOH USA 78.39
MAR'23 CITY HALL FIRST AID SUPPLIESCINTAS CORPORATION NO. 2 200.78 APR'23 CITY HALL FIRST AID SUPPLIESCINTAS CORPORATION NO. 2 182.81 MAY'23 CITY HALL FIRST AID SUPPLIESCINTAS CORPORATION NO. 2 116.15 JUN'23 CITY HALL FIRST AID SUPPLIESCINTAS CORPORATION NO. 2 148.26 5/25/23-COUNCIL MAIL_R. CHUN & M. MUNZINGFEDERAL EXPRESS 22.20 APR'23 MOTORCYCLE FUEL - CITYVOYAGER FLEET SYSTEMS INC 680.73 MAY'23 MOTORCYCLE FUEL - CITYVOYAGER FLEET SYSTEMS INC 673.03 QUADIENT POSTAGE 6/2/23QUADIENT FINANCE USA, INC 300.00 APR'23 METER#2206 VISTA | ACCT#64101MOULTON NIGUEL WATER DIST 305.99 APR'23 METER#2206 VISTA | ACCT#64101-1MOULTON NIGUEL WATER DIST 89.48 2023 CH - OFFICE FURNITURE - CC & HRINTERIOR OFFICE SOLUTIONS, INC 13,993.72 MAY'23 VISTA PARK MAINTENANCEPV MAINTENANCE INC 840.00
JUN'23 STORAGE UNIT RENT #535ALISO VIEJO SELF STORAGE 215.00 JUN'23 RICOH C5200S LEASERICOH USA 725.95
JUN'23 RICOH C5200S LEASERICOH USA 3.97
MAY'23-CH-COFFEE/WATER FILTRATION & FLTR SVCNESTLE WATERS NORTH AMERICA 54.69 BUSINESS CARDS FOR C MASTEN & R DIERCKMANIPROMOTEU.COM INC 92.13 MAY'23 VISTA LANDSCAPE MAINTENANCENIEVES LANDSCAPE INC 1,028.96 MAY'23 - COPY&BREAKROOM SUPPLIES NON DEPARTMENTALSTAPLES ADVANTAGE 194.92 5/4/23-CITY FLAG TO SUPERVISOR FOLEYFEDERAL EXPRESS 24.03 QUADIENT POSTAGE 5/16/23QUADIENT FINANCE USA, INC 500.00 APR'23 - 8.18 HRS-PIO/ENEWS/AD-CMP&FR_MYR OUTREACHRK BRANDS, LLC 736.20 DL 5-15 T LOPP NAME PLATE & BADGEUS BANK PURCHASING CARD PROGRAM 56.10 DL 5-9 CJPIA TRAINING - INSTRUCTOR LUNCH 5/9US BANK PURCHASING CARD PROGRAM 17.64 LL-CC DRINKS 5/3 TARGETUS BANK PURCHASING CARD PROGRAM 17.43 LL-CC DINNERS 5/3 LUNA GRILLUS BANK PURCHASING CARD PROGRAM 311.75 LL-CC PLATES PASS FOR URBAN PLATESUS BANK PURCHASING CARD PROGRAM 5.00 21 Description (Item)Vendor Name Amount
LL-CC DINNERS 5/17 URBAN PLATESUS BANK PURCHASING CARD PROGRAM 190.58 PC 4/27 BAGELS & BREW - QTRLY LUNCHEON CATERINGUS BANK PURCHASING CARD PROGRAM 714.19 PC 5/03 BAGELS & BREW-EMPLOYEE TRAINING LUNCH*1/2US BANK PURCHASING CARD PROGRAM 428.54 PC 5/03 RALPHS DRINKS-EMPLOYEE TRAINING & LUNCH*US BANK PURCHASING CARD PROGRAM 41.74 13F0027040823NESTLE WATERS NORTH AMERICA 59.00
6/8 CH BOTTLED WATER SERVICE_10 CASESDS SERVICES OF AMERICA, INC 95.89 JUL'23 CITY HALL FIRST AID SUPPLIESCINTAS CORPORATION NO. 2 166.66 JUN'23 VISTA PARK LANDSCAPE MAINTENANCENIEVES LANDSCAPE INC 1,028.96 JUN'23 VISTA PARK PLANTSNIEVES LANDSCAPE INC 3,273.23
JUN'23 - JULY 4TH BANNERS INSTALLATIONVIGICABI INC 1,400.00 JUL-SEP'23 38 COLONIAL MASTER HOA FEESALISO VIEJO COMMUNITY ASSOCIATION 138.51 LL 6/2 COSTCO DELIVERYUS BANK PURCHASING CARD PROGRAM 274.12 LL 6/7 CC DINNER TONY PEPPERONISUS BANK PURCHASING CARD PROGRAM 224.82 FY 2023-24 GENERAL LIABILITY - RETRO ADJUSTMENTCALIFORNIA JPIA 14,904.00 FY 2023-24 WORKERS COMPENSATION - RETRO ADJUSTMENTCALIFORNIA JPIA (556.00) FY 2023-24 WORKERS COMPENSATION PREMIUMCALIFORNIA JPIA 84,425.00 FY 2023-24 GENERAL LIABILITY PREMIUMCALIFORNIA JPIA 240,975.00 FY 2023-24 PROPERTY INSURANCE PREMIUMCALIFORNIA JPIA 61,083.00 NON-DEPARTMENTAL TOTAL: 431,364.00
C. S. ADMINISTRATION
GRAPHIC DESIGN-LIGHT POLE BANNERS/HOLIDAY & SPRINGMICHAEL R JUE 1,500.00 2023 STATE OF THE CITY VIDEOERIC WINTER 3,458.24
GRAPHIC DESIGN WORK: FY22-23MICHAEL R JUE 16,550.00
GRAPHIC DESIGN-AV LETTERHEAD & SLIDESMICHAEL R JUE 56.25 GRAPHIC DESIGN - AV RANCH PLANT IDENTIFIER SIGNAGEMICHAEL R JUE 412.50 GRAPHIC DESIGN-LIGHT POLE BANNERS/4TH OF JULYMICHAEL R JUE 825.00 MAY'23 TRANSPORTATION SERVICES - SMPCABCO YELLOW INC 609.00 JNL 4-29 JAMFEST EVENT STAFF MEALSUS BANK PURCHASING CARD PROGRAM 137.79 FY22-23 YOUTH GRANT-FRIENDS OF THE AV LIBRARYFRIENDS OF THE ALISO VIEJO LIBRARY 9,000.00 JB 5/17 DOMINO'S PIZZA FOR INSTRUCTOR MEETINGUS BANK PURCHASING CARD PROGRAM 38.75 JB 5/16 COSTCO STAFF & INSTRUCTOR MEETINGUS BANK PURCHASING CARD PROGRAM 202.12 JB 5/169 FUNEXPRESS EVENT SUPPLIESUS BANK PURCHASING CARD PROGRAM 207.63 JB 5/18 AMAZON EVENT/WORKSHOP SUPPLIESUS BANK PURCHASING CARD PROGRAM 92.47 JB 5/16 FUNEXPRESS EVENT SUPPLIESUS BANK PURCHASING CARD PROGRAM 96.95 MO 4/29 META ADS_SPR REG SUMM CAMP & JAM FESTUS BANK PURCHASING CARD PROGRAM 61.87 JUL'23-HW-HEALTH PREMIUMCALPERS HEALTH 151.00
JUL'23-DP-HEALTH PREMIUMCALPERS HEALTH 151.00
GRAPHIC DESIGN - 2023 AV FALL BROCHUREMICHAEL R JUE 4,031.25 FY23-24 REC DEPT - LERN MEMBERSHIP RENEWALLEARNING RESOURCES NETWORK INC 445.00 11/30 TREE LIGHTING EVENT INSURANCEALLIANT INSURANCE SERVICES INC 771.00 08/25 TOY STORY MOVIE NIGHT INSURANCEALLIANT INSURANCE SERVICES INC 329.00 09/09 FURRY FRIENDS PET FAIR INSURANCEALLIANT INSURANCE SERVICES INC 329.00 12/16 CRAFTS WITH THE CLAUSES EVENT INSURANCEALLIANT INSURANCE SERVICES INC 329.00 11/04 HEALTH AND SAFETY FAIR INSURANCEALLIANT INSURANCE SERVICES INC 408.00 300 BOWLS & FLASHLIGHTS- PROMO GIVEAWAY ITEMSRED SWAG INC 2,671.79 FY'23-24 6 MAGIC SNOW MACHINES FOR TL 2023MAGICSNOW SYSTEMS 2,971.33 MO 5/31 META ADS_SPRING REG & SUMMER CAMPSUS BANK PURCHASING CARD PROGRAM 52.51 REC-CITY SPECIAL EVENT BRANDED CANOPIES AND WEIGHTPREMIER PRINT SOURCE 5,033.44 JB 5/30 CHAUPAIN BAKERY SRL MEETINGUS BANK PURCHASING CARD PROGRAM 94.10 JB 5/24 AMAZON EVENT LIGHT REPLACEMENTUS BANK PURCHASING CARD PROGRAM 15.25 JB 6/02 EVENT SUPPLIESUS BANK PURCHASING CARD PROGRAM 68.91 JB 6/08 AMAZON EVENT FENCING REPLACEMENTUS BANK PURCHASING CARD PROGRAM 822.48 JB 5/27 AMAZON SUPPLIESUS BANK PURCHASING CARD PROGRAM 73.35 JNL 5-31 STAFF TRAINING MEAL AVILA'SUS BANK PURCHASING CARD PROGRAM 334.03 JNL 5-30 STAFF TRAINING MEAL SGT PEPSUS BANK PURCHASING CARD PROGRAM 128.22 JNL 5-31 STAFF TRAINING MEAL ALISO COFFEEUS BANK PURCHASING CARD PROGRAM 177.63 JNL 5-30 TRAINING ACTIVITY PRIZESUS BANK PURCHASING CARD PROGRAM 28.48 JNL 6-08 RENTAL LINENSUS BANK PURCHASING CARD PROGRAM 991.76 LM 5/31 JC DONUTS STAFF TRAINING BREAKFAST ITEMUS BANK PURCHASING CARD PROGRAM 49.50 C. S. ADMINISTRATION TOTAL: 53,705.60

IGLESIA PARK
MAY'23 ACCT#7997 IGLESIA PARKSO CAL EDISON 123.00
FY22-23 IGLESIA PARK MAINTENANCEPV MAINTENANCE INC 9,010.38 MAY'23 IGLESIA LANDSCAPE MAINTENANCENIEVES LANDSCAPE INC 6,846.00 22 Description (Item)Vendor Name Amount
MAY'23 IGLESIA PARK WOOD CHIPS #419-326NIEVES LANDSCAPE INC 3,544.55 APR'23 MTR#3499 IGLESIA PARKEL TORO WATER DISTRICT 386.79 APR'23 MTR#4114 IGLESIA PARKEL TORO WATER DISTRICT 354.99 JUN'23 IGLESIA LANDSCAPE MAINTENANCENIEVES LANDSCAPE INC 6,846.00 JNL 6-14 IGLESIA DISPLAY BOARDUS BANK PURCHASING CARD PROGRAM 764.23 MAY'23 MTR#3499 IGLESIA PARKEL TORO WATER DISTRICT 555.33 MAY'23 MTR#4114 IGLESIA PARKEL TORO WATER DISTRICT 498.09 SP 5-24 IGLESIA PARK BENCHUS BANK PURCHASING CARD PROGRAM 1,305.85 IGLESIA PARK TOTAL: 30,235.21

IGLESIA BUILDING
APR'23 IGLESIA CTR LIGHTING MAINTENANCEPEAK LIGHTING & ELECTRIC INC 574.62 5/17/23-8/16/23 IGLESIA ALARMPROTECTION ONE ALARM MONITORING INC 150.00 MAY'23 ACCT#7997 IGLESIA BLDGSO CAL EDISON 709.33
FY22-23 IGLESIA CENTER MAINTENANCEPV MAINTENANCE INC 868.50 MAY'23 PEST CONTROL SERVICES IGLESIA PARKZAPP PEST MANAGEMENT 75.00 MAY'23 IGLESIA HVAC PREVENTATIVE MAINTENANCEHARBOR POINTE AIR CONDITIONING & CONTROL SYSTEMS, … 182.85 APR'23 MTR#5016 IGLESIA BLDGEL TORO WATER DISTRICT 223.46 JUN'23 IGLESIA JANITORIAL MAINTENANCETEAM ONE MANAGEMENT SERVICES 950.00 MAY'23 MTR#5016 IGLESIA BLDGEL TORO WATER DISTRICT 227.81 IGLESIA BUILDING TOTAL: 3,961.57

IGLESIA PARK COMMUNITY CENTER
APR'23 ELEMENTARY & TEEN KEYSTONE PROGRAMBOYS & GIRLS CLUB OF CAPISTRANO VALLEY 19,011.58 MAY'23 ELEMENTARY & TEEN KEYSTONE PROGRAMBOYS & GIRLS CLUB OF CAPISTRANO VALLEY 17,558.85 IGLESIA PARK COMMUNITY CENTER TOTAL: 36,570.43

PLANNING
MAY'23 JK GB-PLANNING CONSULTANT SERVICESCIVIC SOLUTIONS INC 6,840.00 MAY'23 AFFORD. HOUSING CONSULTANT SERVICESREBECCA J CAHA 1,312.50 MAR-MAY'23 AVTC PLANNING CONSULTATION SERVICESBRIAN JAMES CORNELIUS 4,406.00 APR'23 HOUSING ELEMENT CONSULTINGAMBER GREGG NICHOLAS 18,275.00 IA-4/30 CONSTANTCONTACT SUBSCRIPTIONUS BANK PURCHASING CARD PROGRAM 45.00 JUL'23-MF-HEALTH PREMIUMCALPERS HEALTH 151.00
MAY'23 HOUSING ELEMENT CONSULTINGAMBER GREGG NICHOLAS 9,235.00 IA-5/30 CONSTANTCONTACT.COM SUBSCRUS BANK PURCHASING CARD PROGRAM 45.00 SK 5/31 AMERICAN PLANNING ASSOCIATION WORKSHOPUS BANK PURCHASING CARD PROGRAM 35.00 PLANNING TOTAL: 40,344.50

BUILDING
APR'23 CAA BUILDING SERVICESCHARLES ABBOTT ASSOC INC 37,444.22 FEB'23 OFFICE SUPPLIESSTAPLES ADVANTAGE 229.70
MAY'23 CAA BUILDING SERVICESCHARLES ABBOTT ASSOC INC 45,399.16 SK 5/24 HOBBY LOBBY - OFFICE CHAIRUS BANK PURCHASING CARD PROGRAM 113.13 BUILDING TOTAL: 83,186.21

CODE ENFORCEMENT
APR'23 CAA CODE ENFORCEMENTCHARLES ABBOTT ASSOC INC 7,825.65 FEB'23 DRAFTING STOOLSTAPLES ADVANTAGE 426.57
MAY'23 CAA CODE ENFORCEMENTCHARLES ABBOTT ASSOC INC 6,068.45 CODE ENFORCEMENT TOTAL: 14,320.67

ENGINEERING (GENERAL)
APR-MAY'23 ON CALL LANDSCAPE & ARCHITECTURAL SVCSRICHARD FISHER ASSOCIATES 7,170.84 APR'23 CAA NPDES COSTSCHARLES ABBOTT ASSOC INC 11,653.47 APR'23 CAA SOLID WASTECHARLES ABBOTT ASSOC INC 6,676.56 APR'23 CAA PW ENGINEERING-ADMINCHARLES ABBOTT ASSOC INC 536.79 JUN'23 WAREHOUSE LEASEPV MAINTENANCE INC 1,035.00
MAY'23 PW TABLETSAT&T 120.72
KB NATE - HVAC CERTIFICATIONUS BANK PURCHASING CARD PROGRAM 25.00 MAY'23 CAA NPDES COSTSCHARLES ABBOTT ASSOC INC 12,477.38 MAY'23 CAA SOLID WASTECHARLES ABBOTT ASSOC INC 5,507.13 MAY'23 CAA PW ENGINEERING-ADMINCHARLES ABBOTT ASSOC INC 1,141.71 ENGINEERING (GENERAL) TOTAL: 46,344.60

STREET MAINTENANCE
APR'23 CAA STREET MAINTENANCECHARLES ABBOTT ASSOC INC 1,209.00 MAY'23 STREET MAINTENANCEPV MAINTENANCE INC 30,119.38
MAY'23 ALISO VIEJO & GRAND PAVER REPAIRPV MAINTENANCE INC 18,950.00 23 Description (Item)Vendor Name Amount
MAY'23 CAA STREET MAINTENANCECHARLES ABBOTT ASSOC INC 2,644.69 STREET MAINTENANCE TOTAL: 52,923.07

LAW ENFORCEMENT-OTHER
MAY'23 EOC BATTERY CHARGERSTAPLES ADVANTAGE 66.79
MAY'23 EOC PENS & 3 HOLE ZIPPER POUCHES & BINDERSSTAPLES ADVANTAGE 71.93 05/14-05/27/23 456 HRS-CROSSING GUARD SERVICESALL CITY MANAGEMENT SERVICES 13,274.16 APR'23 MOTORCYCLE FUEL - AVPSVOYAGER FLEET SYSTEMS INC 530.68 MAY'23 MOTORCYCLE FUEL - AVPSVOYAGER FLEET SYSTEMS INC 608.00 DEC'22-MAR'23 REPAIRS-BAKER MOTORCYCLE VIN#G33962SEAVCO INC 242.39 RD 05/17 THE TOLL ROADSUS BANK PURCHASING CARD PROGRAM 575.00 RD 05/02 THE HOME DEPOT STORAGE RACKUS BANK PURCHASING CARD PROGRAM 265.86 RD 05/16 BADGE FRAMEUS BANK PURCHASING CARD PROGRAM 120.00 APR'23 RADIO AND BATTERY REPAIRCOUNTY OF ORANGE 336.10
MAY'23 PAL PHONE LINEAT&T 45.33
04/30-05/13/23 454 HRS-CROSSING GUARD SERVICESALL CITY MANAGEMENT SERVICES 13,215.94 05/28-06/10/23 138 HRS-CROSSING GUARD SERVICESALL CITY MANAGEMENT SERVICES 4,017.18 RD 6/9 ALL HANDS CAR WASH PATROL UNIT 2612US BANK PURCHASING CARD PROGRAM 27.99 RD 5/26 ALL HANDS CAR WASH PATROL UNIT 2717US BANK PURCHASING CARD PROGRAM 33.99 RD 6/1 ANHS GRAD - RALPHS FOR ICEUS BANK PURCHASING CARD PROGRAM 19.40 RD 5/31 ANHS GRAD - BOARD AND BREW FOR SANDWICHESUS BANK PURCHASING CARD PROGRAM 334.03 RD 5/31 ANHS GRAD - COSTCO FOR FOOD AND WATERUS BANK PURCHASING CARD PROGRAM 172.44 LAW ENFORCEMENT-OTHER TOTAL: 33,957.21

CRIME PREVENTION
JUN'23 RENTAL STORAGE UNIT #75ALISO VIEJO SELF STORAGE 425.00 MAR'23 ES 400 DOCUMENT SCANNER CAPTAINSTAPLES ADVANTAGE 377.11 MAR'23 SHEET PROTECTORSSTAPLES ADVANTAGE 9.92
MAR'23 HP 305A INK CAPTAINSTAPLES ADVANTAGE 131.00
CRIME PREVENTION TOTAL: 943.03
EOC
ALL HAZARDS READY GUIDECLAUDINE JAENICHEN 2,500.00
MAY'23 EOC SUPPLIES CONTAINERSSTAPLES ADVANTAGE 84.01
MAY'23 EOC SUPPLIES LABELSSTAPLES ADVANTAGE 5.92
MAY'23 EOC SUPPLIES BADGE HOLDERSTAPLES ADVANTAGE 4.12
DL 5-9 5/14/23-6/14/23 -RENTAL OFFSITE STRG #A1554US BANK PURCHASING CARD PROGRAM 550.00 SL 05-22 SURVEYMONKEY RENEWAL 05/16/23-05/15/24US BANK PURCHASING CARD PROGRAM 372.00 SL 05-22 STICKER PAPERUS BANK PURCHASING CARD PROGRAM 49.41 7/14/23-1/14/24 - RENTAL OFFSITE STORAGE #A1554LIFE STORAGE #961 1,650.00 STOP THE BLEED TRAINING KITSNORTH AMERICAN RESCUE HOLDINGS LLC 1,959.06 SL 6/15 FOOD FOR ACTIVE SHOOTER TRAINING EXERCISEUS BANK PURCHASING CARD PROGRAM 264.99 SL 6/16 PREPAREDNESS ITEMS FOR OUTREACH EVENTSUS BANK PURCHASING CARD PROGRAM 15.07 SL 5/30 PREPAREDNESS ITEMS FOR PETSUS BANK PURCHASING CARD PROGRAM 1,454.19 SL 6/12 FOOD FOR 800 MHZ TRAININGUS BANK PURCHASING CARD PROGRAM 25.10 SL 6/16 PREPAREDNESS ITEMS FOR OUTREACH EVENTSUS BANK PURCHASING CARD PROGRAM 274.70 EOC TOTAL: 9,208.57
GENERAL FUND TOTAL: 1,222,355.66
102 - GEN. FD-CITY HALL

NON-DEPARTMENTAL
JUN'23 CITY HALL HOA FEES + ADJ 01-05/23PACIFIC PARK II ASSOCIATION 813.65 JUN'23 CH U SHAPED LED'S - BACK HALLWAYCONSOLIDATED ELECTRICAL DISTRIBUTORS, INC 228.43 JUN'23 CH-ELEVATOR MAINTENANCETHURSTON ELEVATOR CONCEPTS INC 131.00 APR'23 METER#6010 CITY HALL | ACCT#65407MOULTON NIGUEL WATER DIST 85.59 APR'23 METER#7051 CITY HALL | ACCT#65408MOULTON NIGUEL WATER DIST 336.23 APR'23 METER#8510 CITY HALL | ACCT#65406MOULTON NIGUEL WATER DIST 163.80 APR-JUN'23 - 35 PLAYA CIR HOA FEESGLENWOOD MAINTENANCE CORPORATION 42.00 MAY'23 ACCT#7189 CITY HALLSO CAL EDISON 5,220.54
MAY'23 MTR#6544 CITY HALLTHE GAS COMPANY 618.14
MAY'23 PEST CONTROL SERVICES CITY HALLZAPP PEST MANAGEMENT 75.00 FY22-23 CH AQMD TOXIC HOT SPOTS PROGRAMSOUTH COAST AIR QUALITY MGMT DIST 153.23 MAY'23 CH HVAC PREVENTATIVE MAINTENANCEHARBOR POINTE AIR CONDITIONING & CONTROL SYSTEMS, … 1,786.65 MAY'23 CITY HALL LANDSCAPE MAINTENANCENIEVES LANDSCAPE INC 678.00 JUN'23 CITY HALL JANITORIAL SERVICESTEAM ONE MANAGEMENT SERVICES 2,700.00 JUN'23 CITY HALL - JANITORIAL SUPPLIESGORM, INC 796.38
24 Description (Item)Vendor Name Amount
JUN'23 CITY HALL PLANT MAINTENANCEFOSTERS' GARDENS INC 115.00 JUN'23 CITY HALL HALL LANDSCAPE MAINTENANCENIEVES LANDSCAPE INC 678.00 JUL'23 38 COLONIAL WAY HOA FEEVANTIS MAINTENANCE CORPORATION 374.79 JUN'23 MTR#2180 CITY HALLTHE GAS COMPANY 236.92
06/13 CH GENERATOR REPAIRS AND DIESEL FUELDUTHIE ELECTRIC SERVICE CORPORATION 1,987.39 NON-DEPARTMENTAL TOTAL: 17,220.74
GEN. FD-CITY HALL TOTAL: 17,220.74
103 - GF-AV RECREATION SERVICES
CHECK REFUND - ADMIN FEE/NON-RESIDENTCHARLTON SWEARINGEN 15.00 CHECK REFUND - CONTRACT CLASSESCHARLTON SWEARINGEN 342.00 CHECK REFUND - REFUND FEECHARLTON SWEARINGEN (20.00)
REFUND ADMIN FEE/NON RESIDENTNOUSH JOHNSON 5.00
REFUND ADMIN FEE/NON RESIDENTNOUSH JOHNSON 5.00
REFUND CONTRACT CLASSESNOUSH JOHNSON 385.00
REFUND CONTRACT CLASSESNOUSH JOHNSON 385.00
REFUND CONTRACT CLASSES EARLY BIRD DISCOUNTNOUSH JOHNSON (20.00) REFUND CONTRACT CLASSES EARLY BIRD DISCOUNTNOUSH JOHNSON (20.00) REFUND FEENOUSH JOHNSON (20.00)
REFUND REFUND FEENOUSH JOHNSON (20.00)
MEDIEVAL TIMES REFUND ADMIN FEEIRENE TAO 5.00
MEDIEVAL TIMES REFUND EARLY BIRDIRENE TAO (10.00)
MEDIEVAL TIMES REFUNDIRENE TAO 280.00
MEDIEVAL TIMES REFUND FEEIRENE TAO (50.00)
CHECK REFUND - ADMIN FEELOUISE SIMON 5.00
CHECK REFUND - CANCELLATION FEELOUISE SIMON (23.00)
CHECK REFUND - CONTRACT CLASS FEELOUISE SIMON 225.00
1,469.00

RECREATION SERVICES
MAY'23 AVR-ALARM/POTS LINEAT&T 511.31
JUN'23 AVR CASH COURIER SERVICEGARDAWORLD 413.62
05/23/23 AV RANCH 19' ELECTRIC SCISSORLIFT RENTALSUNBELT RENTALS, IN 597.35 MAY'23 AVR - CASH COURIER SERVICE - EXCESS TIMEGARDAWORLD 6.99 6/07/23 AVR BOTTLED WATER SEVICESSDS SERVICES OF AMERICA, INC 59.94 MAY'23 RANCH+FARM JANITORIAL SERVICESTEAM ONE MANAGEMENT SERVICES 5,300.00 JUN'23 AV RANCH JANITORIAL SUPPLIESGORM, INC 742.12
MAY'23 AVR EVENT SECURITY SERVICESLYONS SECURITY SERVICE IN 3,802.50 JUN'23 FARM PATHWAY LIGHT CONNECTORSCONSOLIDATED ELECTRICAL DISTRIBUTORS, INC 166.37 JUN'23 FARM PATHWAY REPLACEMENT LED 2 PIN 3 WATTCONSOLIDATED ELECTRICAL DISTRIBUTORS, INC 37.71 MAY'23-APR'24 AV RANCH ANNUAL FOG FEEMOULTON NIGUEL WATER DIST 160.00 SUMMER2023-CKC001 CULINARYKIDS-27 PARTICIPANTSCULINARY COOKINGS KIDS LLC 3,267.00 SUMMER2023-BTS010 SPORTS-27 PARTICIPANTSBREAKTHROUGH SPORTS LLC 3,214.80 SUMMER2023-SSS002 SOCCER-4 PARTICIPANTSROUND STAR WEST, LLC 748.80 SUMMER2023-SKY001 BASKETBALL-20 PARTICIPANTSSKYHAWKS SPORTS ACADEMY, INC 2,232.00 SUM2023-32/16/76/29/26/69/LATE/9/53/47/50-97 PARTILAURELINDA HAUKSSON 15,562.00 SUMMER 2023-PAE009 LEGOS LATE PICKUP-1 PARTICIPANTLAURELINDA HAUKSSON 8.00 SUMMER2023-CNJ001/007/002 YOUTUBE/ROBLOX-28 PARTIM B B & D LLC 6,258.00 SUMMER2023-PAK001/PAM001 SWIM CAMP-26 PARTICIPANTPREMIER AQUATIC SERVICES 6,747.75 SUMMER2023-PWT001/LATE/002/003 LEGOS-27 PARTICIPANTIMOTHY DANA BOWEN 4,830.20 SUMMER2023-JAT001TENNIS-17 PARTICIPANTSJOHN DAVID ALLEN JR 1,110.00 SUMMER2023-BST002/008 SCI/YOUTUB -24 PARTICIPANTSBRAINSTORM STUDIOS, LLC 4,365.60 SUMMER2023-OCD001-LATE MUSICAL THTR-10PARTICIPANTSKIMBERLY DOWNEY ESMOND 1,022.20 SUMMER2023-BIN001/003/002 INSECTS -26 PARTICIPANTSBIONERDS 4,623.00 SUMMER2023-RSU140 LINE DANCE-7 PARTICIPANTSCAROLYN WOJCIECHOWSKI 42.00 SUMMER2023-PAE-019/066/056/001/068-70 PARTICIPANTSLAURELINDA HAUKSSON 8,818.80 SUMMER2023-BTS001 BREAKTHRU SPORTS-14 PARTICIPANTSBREAKTHROUGH SPORTS LLC 1,773.60 SUMMER2023-ETF001 ETIQUETTE-12 PARTICIPANTSJENNIFER ANDRUS-NELSON 1,014.00 SUMMER2023-SKY007/SKY005 SPORTS-24 PARTICIPANTSSKYHAWKS SPORTS ACADEMY, INC 2,601.60 SUMMER2023-RSU111/112 PICKLEBALL-7 PARTICIPANTSL & O ALISO VIEJO, LLC 318.50 MAY'23 RANCH OFFICE SUPPLIESSTAPLES ADVANTAGE 875.07
MAY'23 RCS STAFF UNIFORMSMANHATTAN STITCHING COMPANY INC 1,595.78 APR'23 METER#0819 FARM | ACCT#104515MOULTON NIGUEL WATER DIST 123.69 APR'23 METER#0958 RANCH | ACCT#104986MOULTON NIGUEL WATER DIST 194.17 APR'23 METER#0973 RANCH | ACCT#105234MOULTON NIGUEL WATER DIST 85.59 25 Description (Item)Vendor Name Amount
APR'23 METER#1100 FARM | ACCT#104519MOULTON NIGUEL WATER DIST 137.21 APR'23 METER#5356 RANCH | ACCT#104935MOULTON NIGUEL WATER DIST 336.23 APR'23 METER#7892&6534 RANCH | ACCT#104936MOULTON NIGUEL WATER DIST 590.75 JUN'23 AVR GOTO VOIP SERVICE & SUPPORTGOTO COMMUNICATIONS 663.52 MAY'23 ACCT#4551 FARMSO CAL EDISON 746.20
06-08-23 CITY CAMP MEDIEVAL TIMESMEDIEVAL TIMES US 949.75 MAR-APR'23 DRY CLEANING SVCSPRESS-TIGE ENTERPRISES INC 2,408.63 SPRING2023 VSP062-7 PARTICIPANTSJENNIFER BALES 609.00
07/20/23 DAVE&BUSTERS EXCURSION (DEPOSIT ONLY)DAVE & BUSTER'S ENTERTAINMENT, INC 450.00 2/11-4/01 AVMS CUSD FACILITY PERMITCAPISTRANO UNIFIED SCHOOL DISTRICT 173.76 2/19/23-4/2/23 AVMS FACILITY PERMIT SUPER SOCCERCAPISTRANO UNIFIED SCHOOL DISTRICT 554.54 2/5/23-2/19/23 AVMS FACILITY PERMIT BREAKTHRU HOOPCAPISTRANO UNIFIED SCHOOL DISTRICT 11.25 2/12/23-4/2/23 AVMS FACIL PERMIT BREAKTHRU BASKETBCAPISTRANO UNIFIED SCHOOL DISTRICT 26.25 2/19/23-4/2/23 AVMS FACILITY PERMIT TINYJRHSTENNISCAPISTRANO UNIFIED SCHOOL DISTRICT 133.67 MAY'23 PEST CONTROL SERVICES RANCHZAPP PEST MANAGEMENT 95.00 MAY'23 REC TABLETSAT&T 40.24
MAY'23 REC PHONE LINESAT&T 181.32
MAY'23 ACCT#2566 AVR AT&T INTERNETAT&T 1,009.89
FY22-23 AVR FIRE EXTINGUISHER MAINTORANGE COUNTY FIRE PROTECTION 134.50 SPRING2023 VSP024-020-067-023-32 PARTICIPANTSEVER AFTER EVENT PRODUCTIONS LLC 1,912.80 SPRING2023 VSP035-7 PARTICIPANTSOC PLAYBALL EPC 583.80
SPRING2023 VSP041-VSP042-VSP043-15 PARTICIPANTSSKYHAWKS SPORTS ACADEMY, INC 990.00 SPRING2023 VSP068-29-30-31-25-26-27-28-26 PARTICIPTUMBLE-N-KIDS, INC 1,776.00 SPRING2023 VSP019-9 PARTICIPANTSMUSIC MOVES ACADEMY INC 756.00 SPRING2023 VSP132-VSP133-2 PARTICIPANTSROXANNE BELL 175.00 MAY'23 AV RANCH HVAC PREVENTATIVE MAINTENANCEHARBOR POINTE AIR CONDITIONING & CONTROL SYSTEMS, … 2,938.09 SPRING2023 VSP101-102-099-100-066-22 PARTICIPANTSFITNESS WITH FLAVOR LLC 960.00 SPRING2023 VSP095-097-117-119-61 PARTICIPANTSCAROLYN WOJCIECHOWSKI 1,194.00 SPRING 2023-VSP064-3 PARTICIPANTSJENNIFER BALES 45.00
SPRING 2023-VSP089-8 PARTICIPANTSCLICKSTART DOG TRAINING ACADEMY, LLC 1,536.00 SPRING 2023-VSP050-6 PARTICIPANTSLAURELINDA HAUKSSON 666.00 SPRING 2023-VSP078-VSP076-VSP040-14 PARTICIPANTSJOHN DAVID ALLEN JR 429.60 SPRING 2023-VSP136-070-032-033-034-32 PARTICIPANTSROUND STAR WEST, LLC 2,899.20 SPRING2023 VSP114-VSP112-11 PARTICIPANTSRUIHONG LI 297.00 SPRING2023 VSP121-2 PARTICIPANTSSARA GUTIERREZ 96.00
SPRING2023 VSP016-4 PARTICIPANTSJULES S. MOSS 252.00
SPRING2023 VSP090-4 PARTICIPANTSCLICKSTART DOG TRAINING ACADEMY, LLC 348.00 SPRING2023 VSP009-7 PARTICIPANTSREADWRITE EDUCATIONAL SOLUTIONS INC 1,045.80 MAY'23 AVR FIRST AID SERVICESCINTAS CORPORATION NO. 2 236.99 MAY'23 O365 - AVR - LICENSES & SUPPORTTANGENT COMPUTERS INC 529.39 MAY'23 RANCH LANDSCAPE MAINTENANCENIEVES LANDSCAPE INC 2,262.67 JB 5/15 SWIMOUTLET CDC RASHGUARDSUS BANK PURCHASING CARD PROGRAM 380.88 JB 5/17 AMAZON SUPPLIESUS BANK PURCHASING CARD PROGRAM 17.44 JB 5/21 AMAZON SUPPLIESUS BANK PURCHASING CARD PROGRAM 20.46 JB 5/17 AMAZON SUPPLIESUS BANK PURCHASING CARD PROGRAM 46.97 JB 5/18 AMAZON SUPPLIESUS BANK PURCHASING CARD PROGRAM 62.40 KB THE HOMEDEPOT - HARDWARE FOR RANCH CHAIN REPAIRUS BANK PURCHASING CARD PROGRAM 28.21 KB THE HOMEDEPOT- PLUMBING SUPPLIES FOR RANCH SINKUS BANK PURCHASING CARD PROGRAM 39.81 KB US AIRCONDITIONING - THERMOSTAT FOR FARMUS BANK PURCHASING CARD PROGRAM 191.80 SUMMER2023-RSU170 MUSIC-11 PARTICIPANTSMUSIC MOVES ACADEMY INC 445.50 JUN'23 AVR TREE TRIMMINGGREAT SCOTT TREE SERVICE, INC 1,874.00 JUN'23 AV RANCH BUNKHOUSE WINDOW REPLACEMENTUNITED BUILDING AND DEVELOPMENT SERVICES LLC 1,255.00 4/16-5/7 AVMS CUSD FACILITY PERMIT BASKETBALLCAPISTRANO UNIFIED SCHOOL DISTRICT 30.00 4/15-6/3 AVMS CUSD FACILITY SKYHAWKS MULTI SPORTCAPISTRANO UNIFIED SCHOOL DISTRICT 326.20 4/16-5/28 AVMS CUSD FACILITY PERMIT SOCCER STARSCAPISTRANO UNIFIED SCHOOL DISTRICT 620.13 4/16-5/28 AVMS CUSD FACILITY PERMIT TENNISCAPISTRANO UNIFIED SCHOOL DISTRICT 112.93 6/12/23-6/15/23 AVMS FACILITY PERMIT TENNIS CAMPCAPISTRANO UNIFIED SCHOOL DISTRICT 126.88 6/12-6/16/23 AVMS FACILITY PERMIT - BIONERDSCAPISTRANO UNIFIED SCHOOL DISTRICT 159.65 6/12-6/30/23 FACIL PERMIT LEGO ROBOTICS&ROBOT BLDGCAPISTRANO UNIFIED SCHOOL DISTRICT 319.30 6/15-6/29/23 FACILITY PERMIT MUSIC TOGETHERCAPISTRANO UNIFIED SCHOOL DISTRICT 15.45 6/12-6/30/23 FACILITY PERMIT FINE ART SCULPTURECAPISTRANO UNIFIED SCHOOL DISTRICT 319.30 6/12-6/30/23 FACILITY PERMIT AVMS RESTROOMSCAPISTRANO UNIFIED SCHOOL DISTRICT 407.25 6/5-6/16/23 FACILITY PERMIT BTS BBALL - SKY BBALLCAPISTRANO UNIFIED SCHOOL DISTRICT 105.00 6/19-6/30/23 FACILITY PERMIT BTS BBALL 1-SKT 1-BTCAPISTRANO UNIFIED SCHOOL DISTRICT 225.00 6/5-6/16/23 FACILITY PERMIT SSS 1-MH-SKY FOOT-BTCAPISTRANO UNIFIED SCHOOL DISTRICT 652.40 26 Description (Item)Vendor Name Amount
6/19-6/30/23 FACIL PERMITOCP-VOLLEY1-GOLF-ALL-VOLCAPISTRANO UNIFIED SCHOOL DISTRICT 652.40 6/19-6/30/23 FACILITY PERMIT - DJAMS RESTROOMSCAPISTRANO UNIFIED SCHOOL DISTRICT 178.00 5/4/23 & 5/10/23 AVR BOTTLED WATER SERVICESDS SERVICES OF AMERICA, INC 117.88 AVR ROLLING GLASSLESS MIRRORSCWF FLOORING, INC 3,302.96 JUN'23 AVR AT&T INTERNET SERVICEAT&T 1,009.89
EVENT DIAGRAMMING - AV RANCH RENTALSCVENT 3,205.00
JUN'23 RANCH PLANT MAINTENANCEFOSTERS' GARDENS INC 110.00 JUN'23 AV RANCH PLYWOOD PLATFORM SUPPORTS IN ATTICHARBOR POINTE AIR CONDITIONING & CONTROL SYSTEMS, … 1,080.00 JUN'23 AVR FIRST AID SUPPLIESCINTAS CORPORATION NO. 2 112.88 SUMMER2023-RSU057/060/095/098 LINEDANCE-52PARTICIPCAROLYN WOJCIECHOWSKI 792.00 SUMMER2023-RSU086/RSU082 PILATES/YOGA-11 PARTICIPARUIHONG LI 363.00 SUMMER 2023 - PAB001 SWIM CAMP - 1 PARTICIPANTPREMIER AQUATIC SERVICES 505.50 SUMMER2023-BTS003/S002 BASKETBALL-51 PARTICIPANTSBREAKTHROUGH SPORTS LLC 7,708.80 SUMMER2023-OCD004-LATE-OCD003- 32 PARTICIPANTSKIMBERLY DOWNEY ESMOND 3,307.00 SUMMER2023-SKY009 GOLF-18 PARTICIPANTSSKYHAWKS SPORTS ACADEMY, INC 1,987.20 SUMMER2023-PAE038/LATE/035/041 ANIME-28 PARTICIPANLAURELINDA HAUKSSON 3,775.60 SUMMER2023-BCL002/LMS002 BEACH CAMP-5 PARTICIPANTBEELER AQUATICS, INC 812.80 SUMMER2023-PAK002/PAM002 SWIM CAMP-25 PARTICIPANTSPREMIER AQUATIC SERVICES 6,311.25 SUMMER2023-OCP001 CAMP OC PLAYBALL-14 PARTICIPANTSOC PLAYBALL EPC 1,428.00 SUMMER2023-CNJ008/003/004 GAME DESIGN-22 PARTICIPAM B B & D LLC 4,669.80 SUMMER2023-CKC002 CULINARY KIDS-27 PARTICIPANTSCULINARY COOKINGS KIDS LLC 3,240.00 SUMMER2023-VOC001 VOLLEYBALL-16 PARTICIPANTSEDWIN RATLEDGE 1,950.00 SUMMER2023-BST005/BST007 LEGO/ROBO-17 PARTICIPANTSBRAINSTORM STUDIOS, LLC 3,151.80 SUMMER2023-TTS001/002/LATE CAMP THEATRE-9 PARTICIJENNIFER BALES 1,008.00 SUMMER2023-RSU093/RSU094 PICKLEBALL-11 PARTICIPANTL & O ALISO VIEJO, LLC 500.50 SUMMER2023-CKC003 CULINARYKIDS-27 PARTICIPANTSCULINARY COOKINGS KIDS LLC 3,270.00 SUMMER2023-BCL003 BEACH CAMP-5 PARTICIPANTSBEELER AQUATICS, INC 1,408.00 SUMMER2023-SKT001/002-25 SKATEBOARDING PARTICIPANTCORAL BAY HOME LOANS 3,645.00 SUMMER2023-PAK003/PAM003 SWIM CAMP-23 PARTICPANTSPREMIER AQUATIC SERVICES 5,831.25 SUMMER2023-BST004 YOUNG EINSTEIN-12 PARTICIPANTSBRAINSTORM STUDIOS, LLC 2,140.80 SUMMER2023-SKY004 LACROSSE CAMP-16 PARTICIPANTSSKYHAWKS SPORTS ACADEMY, INC 1,766.40 SUM23-33/30/27/70/10/54/48/51/02/64-80 PARTICIPANTLAURELINDA HAUKSSON 12,791.40 SUMMER2023-RSU101 SENIOR CARDIO-2 PARTICIPANTSSARA GUTIERREZ 96.00 SUMMER2023-FWF001/RSU063/065 DANCE-18 PARTICIPANTSFITNESS WITH FLAVOR LLC 1,237.20 JUN'23 RANCH LANDCAPE MAINTENANCENIEVES LANDSCAPE INC 2,262.67 06/16 RANCH TRASH ENCLOSURE PRESSURE WASHNIEVES LANDSCAPE INC 75.00 JUN'23 RANCH INSTALL PLANT MATERIALNIEVES LANDSCAPE INC 982.77 06/22/23 CITY CAMP - DISCOVERY SCIENCE CENTERDISCOVERY SCIENCE CENTER OF ORANGE COUNTY 477.00 JUN'23 AVR O365 LICENSES & SUPPORTTANGENT COMPUTERS INC 529.39 JB 6/14 SUBWAY WK 2 CDCUS BANK PURCHASING CARD PROGRAM 29.95 JB 6/21 SUBWAY WK 3 CDCUS BANK PURCHASING CARD PROGRAM 30.55 JB 6/12 HOME DEPOT SUPPLIESUS BANK PURCHASING CARD PROGRAM 83.98 JNL 6-03 TRASH BAGSUS BANK PURCHASING CARD PROGRAM 17.77 JNL 5-26 CABLE MANAGEMENT TIESUS BANK PURCHASING CARD PROGRAM 14.00 KB 5/29 GORDON ELECTRIC-RANCH GFI FACEPLATES REPAIUS BANK PURCHASING CARD PROGRAM 139.58 KB 6/07 HOME DEPOT-RANCH PKG LOT YELLOW CURB PAINTUS BANK PURCHASING CARD PROGRAM 78.42 KB 6/12 HOMEDEPOT - RANCH WINDOW REPAIR CLEAN UPUS BANK PURCHASING CARD PROGRAM 40.86 KB 6/20 DENAULTS -RANCH LIGHTING BOLLARD REPAIRSUS BANK PURCHASING CARD PROGRAM 34.21 KB 5/24 HOMEDEPOT - RANCH PARTS STOCKUS BANK PURCHASING CARD PROGRAM 27.82 KB 5/30 AMAZON - SCREEN DOOR CLOSUREUS BANK PURCHASING CARD PROGRAM 17.55 KB 6/12 CVS - RANCH NEEDLE SHARP CONTAINERUS BANK PURCHASING CARD PROGRAM 12.38 KB 5/23 HOME DEPOT - RANCH TRASH CANS REPAIRSUS BANK PURCHASING CARD PROGRAM 94.66 KB 6/13 HANDY WASHROOM-RANCH SOAP CONTAINER REPAIRUS BANK PURCHASING CARD PROGRAM 145.39 KB 6/16 HOMEDEPOT-RANCH SIGNAGE REPAIR TRUCK STOCKUS BANK PURCHASING CARD PROGRAM 112.94 KB 6/07 PRACTICE SPORTS-RANCH PKG LOT CHAIN REPAIRUS BANK PURCHASING CARD PROGRAM 92.00 KB 6-01 HOMEDEPOT - FARM LIGHTING REPAIRSUS BANK PURCHASING CARD PROGRAM 93.23 RECREATION SERVICES TOTAL: 211,051.50
GF-AV RECREATION SERVICES TOTAL: 212,520.50
203 - GAS TAX

TRAFFIC ENGINEERING
MAY'23 TRAFFIC SIGNAL MONITORINGHARTZOG & CRABILL INC 2,091.54 APR'23 TRAFFIC SIGNAL MONITORINGHARTZOG & CRABILL INC 1,250.00 APR'23 TRAFFIC SIGNAL SYNC (LSSP) UPDATEHARTZOG & CRABILL INC 4,982.50 27 Description (Item)Vendor Name Amount
MAY'23 STORM DRAIN CONDITION ASSESSMENTWOOD RODGERS, INC 9,715.00 TRAFFIC ENGINEERING TOTAL: 18,039.04

STREET MAINTENANCE
APR'23 TRAFFIC SIGNAL MAINTENANCE ROUTINEBEAR ELECTRICAL SOLUTIONS INC 3,162.60 APR'23 TRAFFIC SIGNAL MAINTENANCE RESPONSEBEAR ELECTRICAL SOLUTIONS INC 6,849.64 MAY'23 STREET SWEEPING SERVICESR F DICKSON CO INC 8,668.66 APR'23 METER#2066 MEDIANS | ACCT#65346-1MOULTON NIGUEL WATER DIST 90.52 APR'23 METER#2066 MEDIANS | ACCT#65346MOULTON NIGUEL WATER DIST 19.93 APR'23 METER#6544 MEDIANS | ACCT#64615MOULTON NIGUEL WATER DIST 85.59 APR'23 METER#8838 MEDIANS | ACCT#64613MOULTON NIGUEL WATER DIST 85.59 MAY'23 ACCT#2125 GS1 MEDIANSSO CAL EDISON 34.48
MAY'23 ACCT#6377 LS2 ST LIGHTSSO CAL EDISON 1,291.68
FY22-23 ST LGHTS - GS1, LS1, LS2, TC1SO CAL EDISON 16,922.25 MAY'23 ACCT#8254 TC1 ST LGHTSSO CAL EDISON 3,538.74
MAY'23 STREET MAINTENANCEPV MAINTENANCE INC 36,812.58
JUN'23 DATABASE MAINT + 25 TICKETSUNDERGROUND SERVICE ALERT OF SOUTHERN CA 53.75 MAY'23 MEDIANS LANDSCAPE MAINTENANCENIEVES LANDSCAPE INC 1,586.00 APR'23 ACCT #6953 ST LGHTS & TRAFFIC CTRLRSSAN DIEGO GAS & ELECTRIC 2,916.15 APR'23 MTR#5675 CALLE CORTEZEL TORO WATER DISTRICT 96.89 JUN'23 PACIFIC PARK MEDIAN TREE TRIMMINGGREAT SCOTT TREE SERVICE, INC 1,776.00 JUN'23 MEDIANS TREE TRIMMINGGREAT SCOTT TREE SERVICE, INC 2,442.00 JUN'23 DATABASE MAINT + 42 TICKETSUNDERGROUND SERVICE ALERT OF SOUTHERN CA 83.50 JUN'23 MEDIANS LANDSCAPE MAINTENANCENIEVES LANDSCAPE INC 1,586.00 EM 5/25 HOME DEPOT SUPPLIESUS BANK PURCHASING CARD PROGRAM 371.60 MAY'23 ACCT#6953 ST LGHTS & TRAFFIC CTRLRSAN DIEGO GAS & ELECTRIC 2,908.24 MAY'23 MTR#5675 CALLE CORTEZEL TORO WATER DISTRICT 106.57 STREET MAINTENANCE TOTAL: 91,488.96
GAS TAX TOTAL: 109,528.00
204 - MEASURE M

GEN-MEASURE M
MAY'23 TRANSPORTATION SERVICES - M2 FUNDCABCO YELLOW INC 2,436.00 GEN-MEASURE M TOTAL: 2,436.00
MEASURE M TOTAL: 2,436.00
215 - PUBLIC SAFETY GRANTS

LAW ENFORCEMENT-OTHER
JUN'23 AUTOMATED FINGERPRINT IDENTIFICATION SYSTECOUNTY OF ORANGE 1,904.00 LAW ENFORCEMENT-OTHER TOTAL: 1,904.00
PUBLIC SAFETY GRANTS TOTAL: 1,904.00
241 - TECHNOLOGY FUND

GEN-TECHNOLOGY GRANTS
MAY'23-CCMTGS 5/1 & 5/18 SZS 29-30/SITEVST & ADMINERIC WINTER 1,041.33 APR'23-CC MTGS 4/5&19 SPRTSZONE23-26/SITEVST&ADMINERIC WINTER 1,243.21 GEN-TECHNOLOGY GRANTS TOTAL: 2,284.54
TECHNOLOGY FUND TOTAL: 2,284.54
251 - FEDERAL GRANTS

OTHER GRANTS
MAY'23 HAZARD MITIGATION CONSULTANT SERVICES GRANTATLAS PLANNING SOLUTIONS 15,257.00 MAY'23 LHMP GRANT PUBLIC OUTREACHSTAPLES ADVANTAGE 68.91 SL 5/24 FOOD AND WATER FOR LHMP MEETING 2US BANK PURCHASING CARD PROGRAM 11.81 OTHER GRANTS TOTAL: 15,337.72

GEN-FEDERAL GRANT
MAY'23 BBK LEGAL SERVICES-CDBG-CVBEST BEST & KRIEGER 1,153.40 JAN-MAR'23 CDBG FAM BRIDGE/TRANSITIONAL HOUSINGFAMILY ASSISTANCE MINISTRIES 2,770.64 JAN-MAR'23 CDBG-CV HUNGER & HOMELESS PREVENTIONFAMILY ASSISTANCE MINISTRIES 2,227.26 OCT-DEC'22 CDBG-CV HUNGER AND HOMELESS PREVENTFAMILY ASSISTANCE MINISTRIES 3,185.83 28 Description (Item)Vendor Name Amount
OCT-DEC'22 CDBG FAM BRIDGE/TRANSITIONAL HOUSINGFAMILY ASSISTANCE MINISTRIES 1,497.11 GEN-FEDERAL GRANT TOTAL: 10,834.24
FEDERAL GRANTS TOTAL: 26,171.96
261 - CITY FAC.-AQUATIC CENTER
JUN'23 AQ CTR-MANAGEMENT RETENTIONPREMIER AQUATIC SERVICES (1,208.30) -1,208.30

GEN-AQUATIC CENTER
JUN'23 AQC CASH COURIER SERVICEGARDAWORLD 476.24
APR'23 AQC - PILOT BURNER SERVICEDKNORR SYSTEMS INC 1,352.95 MAY'23 AQC MONTHLY MAINTENANCE SERVICESKNORR SYSTEMS INC 1,792.64 MAY'23 AQC SVC - TROUBLSHOOT 2 HEATERS IN LOCKOUTKNORR SYSTEMS INC 2,075.00 1/2 HP BOOSTER PUMP FOR BACKWASH SYSTEMKNORR SYSTEMS INC 823.06 JUN'23 AQ CTR-MANAGEMENT FEESPREMIER AQUATIC SERVICES 12,083.00 APR'23 METER#2996 AQC | ACCT#64096MOULTON NIGUEL WATER DIST 233.49 #6054 AQUATIC CENTER | ACCT#64095MOULTON NIGUEL WATER DIST 278.10 MAY'23 REIMB AQC COSTCO F&BPREMIER AQUATIC SERVICES 117.13 MAY'23 REIMB AQC SIGNS FACILITY SIGNAGEPREMIER AQUATIC SERVICES 76.00 MAY'23 REIMB AQC HOMEDEPOT SHOWERCURTAIN-LOCKER RMPREMIER AQUATIC SERVICES 38.70 MAR-JUNE'23 AQC REIMB JACKRABBITPREMIER AQUATIC SERVICES 980.00 MAY'23 REIMB AQC AMAZON WATER TESTING REAGENTPREMIER AQUATIC SERVICES 11.84 MAY'23 REIMB AQC AMAZON WATER TESTING REAGENTPREMIER AQUATIC SERVICES 11.68 MAY'23 REIMB AQC RALPHS PAPER GOODS - FACILITYPREMIER AQUATIC SERVICES 16.90 MAY'23 REIMB AQC PARTYCITYDECO-STOP DROWNING EVENTPREMIER AQUATIC SERVICES 21.55 MAY'23 REIMB AQC AMAZON STORAGE BIN REPLACEMENTPREMIER AQUATIC SERVICES 40.61 MAY'23 REIMB AQC STAPLES OFFICE SUPPLIESPREMIER AQUATIC SERVICES 172.59 MAY'23 REIMB AQC RECSUPPLY.COM POOL NOODLESPREMIER AQUATIC SERVICES 344.52 MAY'23 REIMB AQC AMAZON POOL NOODLESPREMIER AQUATIC SERVICES 24.23 MAY'23 REIMB AQC SGT PEPPERONI'S FOOD-EVENT STAFFPREMIER AQUATIC SERVICES 47.75 MAY'23 REIMB AQC JERSEY MIKES FOOD FOR TRAININGPREMIER AQUATIC SERVICES 173.95 MAY'23 MTR#2349 AQCTHE GAS COMPANY 2,530.46
MAY'23 PEST CONTROL SERVICES AQCZAPP PEST MANAGEMENT 75.00 FY22-23 AQ CTR FIRE EXTINGUISHER MAINTORANGE COUNTY FIRE PROTECTION 97.78 MAY'23 AQC HVAC PREENTATIVE MAINTENANCEHARBOR POINTE AIR CONDITIONING & CONTROL SYSTEMS, … 248.89 MAY'23 AQC LANDSCAPE MAINTENANCENIEVES LANDSCAPE INC 912.48 EM THE HOME DEPOT AQ CENTER MISC MATERIALSUS BANK PURCHASING CARD PROGRAM 57.05 EM THE HOME DEPOT AQ CENTER MISC MATERIALSUS BANK PURCHASING CARD PROGRAM 126.32 KB THE HOMEDEPOT - AQUATIC CENTER TOILET REPAIRUS BANK PURCHASING CARD PROGRAM 35.53 MAY'23 ACCT#6701 AQC INTERNETCOX COMMUNICATIONS, INC 503.05 JUN'23 AQC TREE TRIMMINGGREAT SCOTT TREE SERVICE, INC 1,554.00 6/05/23-6/29/23 AVMS FACILITY PERMIT - WATER POLOCAPISTRANO UNIFIED SCHOOL DISTRICT 1,456.50 JUN'23 CONNECTOR TUBING FITTINGSKNORR SYSTEMS INC 24.98 JUN'23 AQC MONTHLY MAINTENANCE SERVICEKNORR SYSTEMS INC 1,792.64 JUN'23 AQC JANITORIAL SERVICESTEAM ONE MANAGEMENT SERVICES 2,204.39 JUN'23 AQUATIC CENTER LANDSCAPE MAINTENANCENIEVES LANDSCAPE INC 912.48 MAY'23-2 AQC POOL CHEMICALS CHLORINE & ACIDHASA INC 1,017.72 JUN'23 AQC POOL CHEMICALS - SODIUM BICARBONATEHASA INC 1,076.53 APR-JUN'23-AQ CTR-MTR#4987 ELECTRICITYALISO VIEJO BANQUET CENTER LLC 4,515.45 JUN'23 ACCT#6701-AQC INTERNETCOX COMMUNICATIONS, INC 502.69 KB 5/30 AMAZON - PPE FOR AQUATIC CENTERUS BANK PURCHASING CARD PROGRAM 32.31 KB 5/23 AQC SCP DISTRIBUTORS - CHEMICAL PUMPUS BANK PURCHASING CARD PROGRAM 515.93 GEN-AQUATIC CENTER TOTAL: 41,384.11
CITY FAC.-AQUATIC CENTER TOTAL: 40,175.81
311 - STREET IMPROVEMENTS
FEB'23 #135 FY22-23 SLURRY SEAL RETENTIONALL AMERICAN ASPHALT (1,530.00) AUG'22-FEB'23 #135 SLURRY SEAL RETENTIONALL AMERICAN ASPHALT 74,757.18 73,227.18

TRAFFICE SAFETY
MAY'23 #130 ALISO CREEK TRAFFIC SIGNAL SYNCHARTZOG & CRABILL INC 375.00 TRAFFICE SAFETY TOTAL: 375.00

STREETS & HIGHWAYS
FEB'23 #135 FY22-23 SLURRY SEALALL AMERICAN ASPHALT 30,600.00 29 Description (Item)Vendor Name Amount
MAY'23 #134 ALISO CREEK RD REHAB-ENT/SR73 FED SUP.LOCAL AGENCY ENGINEERING, INC 864.00 MAY'23 ALISO CREEK REHAB DESIGNENGINEERING RESOURCES OF SOUTHERN CALIFORNIA 1,056.00 MAY'23 ENTERPRISE REHAB DESIGNENGINEERING RESOURCES OF SOUTHERN CALIFORNIA 5,949.60 STREETS & HIGHWAYS TOTAL: 38,469.60
STREET IMPROVEMENTS TOTAL: 112,071.78
331 - CAPITAL IMPROVEMENTS

CAPITAL IMPROVEMENTS
MAY'23 AQUATIC CENTER LOCKER ROOM PAINTINGUNITED BUILDING AND DEVELOPMENT SERVICES LLC 14,384.00 MAY'23 CH LANDSCAPE DESIGN SERVICESRICHARD FISHER ASSOCIATES 10,732.38 CH - STAR TECH FLAT SCREEN WALL MOUNTSSHI INTERNATIONAL CORP 716.54 CH - PANCAST 50 GREYSHI INTERNATIONAL CORP 1,346.88
CH - 75IN PANEL MODEL INF7555 AND PC I7 10700 16GBSHI INTERNATIONAL CORP 4,525.50 CH - INFOCUS AND HARDWARE EXTENDED WARRANTYSHI INTERNATIONAL CORP 720.00 CAPITAL IMPROVEMENTS TOTAL: 32,425.30
CAPITAL IMPROVEMENTS TOTAL: 32,425.30
332 - STORM WATER

DRAINAGE IMPROVEMENTS
MAY'23 DAIRY FORK MAINTENANCEPV MAINTENANCE INC 4,352.00 DRAINAGE IMPROVEMENTS TOTAL: 4,352.00
STORM WATER TOTAL: 4,352.00
741 - RENEWABLE FARMS
MAY'23 RENEWABLE FARMS RETENTIONAARON FLORA (4,686.05)
JUN'23 RENEWABLE FARMS RETENTIONAARON FLORA (3,570.85)
-8,256.90

RECREATION SERVICES
MAY'23 RENEWABLE FARMS PAYMENTAARON FLORA 46,860.50
JUN'23 RENEWABLE FARMS PAYMENTAARON FLORA 35,708.50
RECREATION SERVICES TOTAL: 82,569.00
RENEWABLE FARMS TOTAL: 74,312.10
GRAND TOTAL: 1,857,758.39
Fund Summary
Payment AmountFund Expense Amount
101 - GENERAL FUND 1,222,355.661,222,355.66
102 - GEN. FD-CITY HALL 17,220.7417,220.74
103 - GF-AV RECREATION SERVICES 212,520.50212,520.50
203 - GAS TAX 109,528.00109,528.00
204 - MEASURE M 2,436.002,436.00
215 - PUBLIC SAFETY GRANTS 1,904.001,904.00
241 - TECHNOLOGY FUND 2,284.542,284.54
251 - FEDERAL GRANTS 26,171.9626,171.96
261 - CITY FAC.-AQUATIC CENTER 40,175.8140,175.81
311 - STREET IMPROVEMENTS 112,071.78112,071.78
331 - CAPITAL IMPROVEMENTS 32,425.3032,425.30
332 - STORM WATER 4,352.004,352.00
741 - RENEWABLE FARMS 74,312.1074,312.10
1,857,758.39Grand Total: 1,857,758.39
30 Accounts Payable Payable Dates: 05/26/2023 - 07/06/2023 7/6/2023 1:47:38 PM Page 14 of 17
Report Summary
Fund Summary
Payment AmountFund
101 - GENERAL FUND 1,222,355.66
102 - GEN. FD-CITY HALL 17,220.74
103 - GF-AV RECREATION SERVICES 212,520.50
203 - GAS TAX 109,528.00
204 - MEASURE M 2,436.00
215 - PUBLIC SAFETY GRANTS 1,904.00
241 - TECHNOLOGY FUND 2,284.54
251 - FEDERAL GRANTS 26,171.96
261 - CITY FAC.-AQUATIC CENTER 40,175.81
311 - STREET IMPROVEMENTS 112,071.78
331 - CAPITAL IMPROVEMENTS 32,425.30
332 - STORM WATER 4,352.00
741 - RENEWABLE FARMS 74,312.10
1,857,758.39Grand Total:

Account Summary
Payment AmountAccount Number Account Name
101-1203-000 ACCOUNTS RECEIVABLE 13,670.32
101-1301-000 PREPAID EXPENSES 2,612.24
101-2505-000 DENTAL INSURANCE PA… -200.40
101-2506-000 MEDICAL INSURANCE P… 24,161.84
101-2507-000 LIFE INSURANCE PAYABLE 1,448.50
101-2508-000 VISION INSURANCE PAY… -29.54
101-2601-000 REFUNDABLE DEPOSIT 3,000.00
101-2602-000 PLANNING DEPOSIT 14,776.50
101-2603-000 ENGINEERING DEPOSIT 7,020.44
101-2606-000 C & D DEPOSIT 4,250.00
101-32010 BUILDING PERMITS 153.50
101-32055 C & D PERMITS 176.74
101-32095 WATER QUALITY 191.08
101-37505 INFORMATION TECHNO… -600.00
101-4-1101-4206-000 MEDICAL INSURANCE 302.00
101-4-1101-4511-000 COMMUNICATION 236.69
101-4-1101-4520-000 MTGS/CONF./TRNG & D… 2,459.94
101-4-1501-4206-000 MEDICAL INSURANCE 151.00
101-4-1501-4225-000 VEHICLE/CELL 335.00
101-4-1501-4511-000 COMMUNICATION 100.70
101-4-1501-4520-000 MTGS/CONF./TRNG & D… 8,880.32
101-4-1502-4302-000 ECONOMIC DEVELOPM… 3,042.72
101-4-1502-4781-000 C.S-OTHER 154,124.00
101-4-1503-4309-000 OTHER CONTRACTUAL S… 370.00
101-4-1503-4520-000 MTGS/CONF./TRNG & D… 7,825.77
101-4-1503-4612-000 OPERATING SUPPLIES 18.35
101-4-1601-4303-000 LEGAL NOTICES 607.60
101-4-1601-4502-000 AWARDS & RECOGNITI… 62.55
101-4-1601-4520-000 MTGS/CONF./TRNG & D… 3,880.92
101-4-1601-4521-000 MEMBERSHIP & DUES 475.00
101-4-1601-4525-000 ELECTION 279.00
101-4-1601-4601-000 SUPPLIES 60.36
101-4-1601-4611-000 PUBLICATIONS/REF MAT… 426.58
101-4-1601-4734-000 CODIFICATION 427.50
101-4-2101-4304-000 LEGAL SERVICES 54,624.80
101-4-2101-4532-000 SPECIAL PROJECTS 13,004.80
101-4-2101-4701-000 NPDES 167.40
101-4-2101-4733-000 ZONING CODE 4,225.50
101-4-2101-4735-000 LITIGATION 9,251.50
101-4-2501-4301-000 PROFESSIONAL SERVICES 12,106.27
31 Accounts Payable Payable Dates: 05/26/2023 - 07/06/2023 7/6/2023 1:47:38 PM Page 15 of 17
Account Summary
Payment AmountAccount Number Account Name
101-4-2501-4309-000 OTHER CONTRACTUAL S… 884.42
101-4-2501-4512-000 POSTAGE 5.41
101-4-2501-4520-000 MTGS/CONF./TRNG & D… 245.00
101-4-3101-4301-000 PROFESSIONAL SERVICES 416.67
101-4-3101-4305-000 TECHNOLOGY SERVICES 10,374.01
101-4-3101-4481-000 COMPUTER EXPENSE 23,912.87
101-4-3101-4521-000 MEMBERSHIP AND DUES 1,068.00
101-4-3101-4601-000 SUPPLIES 307.12
101-4-3501-4301-000 PROFESSIONAL SERVICES 736.20
101-4-3501-4421-000 EQUIPMENT RENTAL 725.95
101-4-3501-4431-000 BUILDING & GROUND M… 6,705.13
101-4-3501-4471-000 RENT 688.04
101-4-3501-4512-000 POSTAGE 846.23
101-4-3501-4513-000 PRINTING 578.93
101-4-3501-4516-000 FUEL 1,353.76
101-4-3501-4522-000 INSURANCE EXPENSES 400,831.00
101-4-3501-4542-000 INTEREST EXPENSE - LEA… 3.97
101-4-3501-4553-000 COMMUNITY BRANDING 1,400.00
101-4-3501-4601-000 SUPPLIES 1,275.26
101-4-3501-4612-000 OPERATING SUPPLIES 2,225.81
101-4-3501-4620-000 MINOR EQUIPMENT 13,993.72
101-4-4101-4206-000 MEDICAL INSURANCE 302.00
101-4-4101-4501-000 ADVERTISING & PROMO… 26,161.17
101-4-4101-4520-000 MTGS/CONF./TRNG & D… 1,052.83
101-4-4101-4521-000 MEMBERSHIP & DUES 445.00
101-4-4101-4522-000 INSURANCE EXPENSES 2,166.00
101-4-4101-4524-000 RECREATION-SENIOR TR… 609.00
101-4-4101-4527-000 REC-CITY SPECIAL EVENTS 9,446.25
101-4-4101-4529-000 REC-YOUTH PROGRAMS 9,000.00
101-4-4101-4531-000 COMMUNITY OUTREACH 991.76
101-4-4101-4532-000 SPECIAL PROJECTS 3,458.24
101-4-4101-4601-000 SUPPLIES 73.35
101-4-4102-4411-000 UTILITIES 1,918.20
101-4-4102-4431-000 BUILDING & GROUND M… 28,317.01
101-4-4103-4309-000 OTHER CONTRACTUAL S… 150.00
101-4-4103-4411-000 UTILITIES 1,160.60
101-4-4103-4431-000 BUILDING & GROUND M… 2,650.97
101-4-4104-4529-000 REC-YOUTH PROGRAMS 36,570.43
101-4-4401-4206-000 MEDICAL INSURANCE 151.00
101-4-4401-4309-000 OTHER CONTRACTUAL S… 8,152.50
101-4-4401-4521-000 MEMBERSHIP & DUES 35.00
101-4-4401-4532-000 SPECIAL PROJECTS 4,496.00
101-4-4401-4732-000 C.S-PLANNING 27,510.00
101-4-4402-4601-000 SUPPLIES 342.83
101-4-4402-4751-000 C.S-BUILDING 82,843.38
101-4-4403-4612-000 OPERATING SUPPLIES 426.57
101-4-4403-4761-000 C.S-CODE ENFORCEMENT 13,894.10
101-4-4501-4471-000 RENT 1,035.00
101-4-4501-4520-000 MTGS/CONF/TRNG & D… 25.00
101-4-4501-4612-000 OPERATING SUPPLIES 120.72
101-4-4501-4701-000 NPDES 24,130.85
101-4-4501-4702-000 AB939-SOLID WASTE 12,183.69
101-4-4501-4741-000 C.S-CITY ENGINEERING 8,849.34
101-4-4503-4771-000 C.S-STREET MAINTENAN… 52,923.07
101-4-5102-4462-000 EQUIP MAINT-800MHZ … 336.10
101-4-5102-4511-000 COMMUNICATION 45.33
101-4-5102-4516-000 FUEL 1,775.66
101-4-5102-4517-000 VEHICLE MAINTENANCE 242.39
32 Accounts Payable Payable Dates: 05/26/2023 - 07/06/2023 7/6/2023 1:47:38 PM Page 16 of 17
Account Summary
Payment AmountAccount Number Account Name
101-4-5102-4520-000 MTGS/CONF./TRNG & D… 525.87
101-4-5102-4612-000 OPERATING SUPPLIES 524.58
101-4-5102-4721-000 C.S-CROSSING GUARDS 30,507.28
101-4-5103-4471-000 RENT 425.00
101-4-5103-4612-000 OPERATING SUPPLIES 518.03
101-4-5401-4471-000 RENT 2,200.00
101-4-5401-4521-000 MEMBERSHIP & DUES 372.00
101-4-5401-4601-000 SUPPLIES 143.46
101-4-5401-4612-000 OPERATING SUPPLIES 6,493.11
102-4-3501-4411-000 UTILITIES 6,661.22
102-4-3501-4431-000 BUILDING & GROUND M… 10,406.29
102-4-3501-4561-000 TAXES/FEES/PERMITS 153.23
103-34150 OTHER INCOME 35.00
103-34161 CONTRACT CLASSES 1,274.00
103-34162 CITY CAMP REVENUE 270.00
103-34169 REFUNDS -110.00
103-4-4105-4305-000 TECHNOLOGY SERVICES 7,458.39
103-4-4105-4309-000 OTHER CONTRACTUAL S… 164,421.21
103-4-4105-4411-000 UTILITIES 1,206.74
103-4-4105-4431-000 BUILDING & GROUND M… 24,375.50
103-4-4105-4451-000 FARM OPERATING EXPE… 1,496.21
103-4-4105-4511-000 COMMUNICATION 221.56
103-4-4105-4561-000 TAXES/FEES/PERMITS 580.61
103-4-4105-4570-000 CITY CAMP EXPENSE 2,318.13
103-4-4105-4601-000 SUPPLIES 4,821.47
103-4-4105-4612-000 OPERATING SUPPLIES 4,151.68
203-4-4502-4301-000 PROFESSIONAL SERVICES 18,039.04
203-4-4503-4411-000 UTILITIES 28,096.63
203-4-4503-4771-000 C.S-STREET MAINTENAN… 54,723.67
203-4-4503-4772-000 C.S-STREET SWEEPING 8,668.66
204-4-6104-4309-000 OTHER CONTRACTUAL S… 2,436.00
215-4-5102-4803-000 PUBLIC SAFETY EQUIPM… 1,904.00
241-4-6141-4309-000 OTHER CONTRACTUAL S… 2,284.54
251-4-6131-4309-000 OTHER CONTRACTUAL S… 15,337.72
251-4-6151-4309-000 OTHER CONTRACTUAL S… 10,834.24
261-2103-000 RETENTIONS PAYABLE -1,208.30
261-4-6161-7301-000 COST OF F&B 117.13
261-4-6161-7321-000 ANHS POOL RENTAL 1,456.50
261-4-6161-7401-000 EQUIPMENT MAINTENA… 8,707.58
261-4-6161-7402-000 COMPUTER EXPENSE 980.00
261-4-6161-7411-000 UTILITIES 8,563.24
261-4-6161-7421-000 BUILDING & GROUND M… 6,040.55
261-4-6161-7425-000 POOL MAINTENANCE 2,117.77
261-4-6161-7431-000 SUPPLIES 251.65
261-4-6161-7433-000 OPERATING SUPPLIES 368.75
261-4-6161-7440-000 METINGS/CONFERENCES… 221.70
261-4-6161-7445-000 FEES & PERMITS 476.24
261-4-6161-7451-000 MANAGEMENT FEES 12,083.00
311-2103-000 RETENTIONS PAYABLE 73,227.18
311-4-8201-5701-000 CONSTRUCTION 375.00
311-4-8301-5501-000 DESIGN 7,869.60
311-4-8301-5701-000 CONSTRUCTION 30,600.00
331-4-8701-5910-000 IMPROVEMENTS 32,425.30
332-4-8601-5911-000 REHABILITATION 4,352.00
741-2103-000 RETENTIONS PAYABLE -8,256.90
741-4-4105-4451-000 AV FARM OPERATING E… 82,569.00
Grand Total: 1,857,758.39
33 Accounts Payable Payable Dates: 05/26/2023 - 07/06/2023 7/6/2023 1:47:38 PM Page 17 of 17
Project Account Summary
Payment AmountProject Account Key
**None** 1,684,291.35
0014701 24,298.25
0575910 18,041.30
0915911 4,352.00
10004309 15,337.72
1185910 14,384.00
1285501 5,949.60
1305701 375.00
1345501 1,920.00
1355701 30,600.00
8012101 2,213.80
8014532 4,496.00
8994761 13,894.10
9014612 749.58
9024612 714.19
9264520 -198.33
9294520 741.19
9304520 1,917.08
9974570 2,318.13
CDBGCV4309 6,566.49
ENG 2230 151.12
ENG 2241 428.19
ENG 2243 705.26
ENG 2247 352.62
ENG 2250 375.27
ENG 2251 125.94
ENG 2252 172.00
ENG 5003 1,158.61
ENG 5004 957.11
ENG 5005 403.00
ENG 5046 50.38
ENG 5049 100.75
ENG 5057 1,536.44
ENG 5060 25.19
ENG 5064 277.06
ENG 5067 201.50
PA 21-027 3,748.40
SDP-2022-0004 10,110.50
SURETY BONDS 3,000.00
USE-2023-00009 458.80
USE-2023-00013 458.80
Grand Total: 1,857,758.39
34 City of Aliso Viejo

AGENDA ITEM
DATE: July 19, 2023
TO: Mayor and City Council
FROM: Ann Eifert, Director of Financial Services/City Treasurer SUBJECT: TREASURER’S STATEMENT – MAY 2023
Recommended Action:

Receive and file the May 2023 Treasurer’s Statement.

Fiscal Impact:

No Fiscal Impact.

Background:

Per City policy, the Finance Department presents the monthly Treasurer’s Statement for the City Council’s review. This statement shows the cash balances for the various funds, with a breakdown of bank account balances, investment account balances and the effective yield earned from investments.

Discussion:

The City’s portfolio consists of investments in Certificates of Deposits, US Treasuries, US Federal Agencies, Corporate Bonds, and Local Agency Investment Fund (LAIF). All funds invested with LAIF are available for withdrawal within 24 hours.

The Treasurer’s Statement provides information regarding the City’s investment portfolio and activity during the reporting month. The City’s investment portfolio is in compliance with all government codes as well as the City’s investment policy. Interest is credited to the City’s bank account monthly and allocated among the City’s funds. The current portfolio provides sufficient cash flow liquidity to meet the upcoming operating expenses and spending requirements for the next 6 months.

Attachment:

1. May 2023 Treasurer’s Statement
35 TREASURER'S MONTHLY CASH STATEMENT

BEGINNING TRANSFERS ENDING

BALANCE RECEIPTS DISBURSEMENTS IN (OUT) BALANCE
GENERAL FUND 2,763,556.68 $ 9,539,773.44 $ 8,681,530.86 $ - $ 3,621,799.26$ TCRF 68,861.61 $ 68,861.61
GAS TAX FUND 819,651.03 $ 78,188.53 83,736.90 814,102.66 MEASURE M 791,551.53 $ 146,168.02 2,562.00 935,157.55 SB1-RMRA 274,759.14 $ 84,950.04 359,709.18 PUBLIC SAFETY GRANTS 206,761.57 $ 14,653.26 192,108.31 (1) AIR QUALITY IMPRVMNT FD 1,177,144.78$ 1,177,144.78 INTEGRATED WASTE MGMT FD 95,311.11$ 417.60 94,893.51 OTHER GRANTS (154,028.55) $ 14,574.85 (139,453.70) TECHNOLOGY GRANT 270,296.39 $ 22,760.29 2,550.00 290,506.68 DEVELOPMENT IMPACT 1,349,323.88 $ 37.75 1,349,361.63 FEDERAL GRANTS (14,928.83) $ 1,879.52 6,014.96 (19,064.27) CITY FACILITY - AV CTR 179,758.92 $ 179,758.92 CITY FACILITY - AQUATIC CTR (149,843.33)$ 103,277.63 119,194.75 (165,760.45) STREET IMPROVEMENTS 8,124.19 $ 1,873.62 6,250.57 (2) CAPITAL IMPROVEMENTS - $ 5,879.42 (5,879.42) (2) STORM WATER 505.34 $ 505.34 (2) COP CAPITAL - $ - (2) COP (8,470.08) $ 3,269.40 (5,200.68) AV RANCH FOUNDATION 100.00 $ 100.00
CFD 2005-01 (6,256.45) $ 67,101.56 67,871.56 (7,026.45) RENEWABLE FARMS 56,821.02 $ 50,107.30 32,468.00 74,460.32 COMMUNITY TRUST 7,540.68 $ 328.00 7,212.68 TOTALS 7,736,540.63 $ 10,112,088.33 $ 9,019,080.93 $ - $ 8,829,548.03$ SUMMARY OF CASH:

DEMAND DEPOSITS: GENERAL ACCOUNT 1,628,116.78 $

SAVINGS ACCOUNT: MONEY MARKET 25,908.34 $
INVESTMENTS: LOCAL AGENCY INVESTMENT FD 7,175,522.91 $
TOTAL CASH 8,829,548.03 $
Years to Maturity for May 2023 1.61
Weighted Average Yield for May 2023 3.280%
All investments are placed in accordance with the City of Aliso Viejo's Investment Policy.

The above summary provides sufficient cash flow liquidity to meet the next six month's estimated expenditures.

Other monies held include Cash with Fiscal Agent, Investments, Payroll and AV Center. 38,437,178.18$ Cash With Fiscal Agent COPS/CFD 2005-01 4,851,881.68
Cash With Investment Advisor City Investments 30,826,434.64 AV Center 2,532,810.48
PR Account 223,293.00
Petty Cash 2,758.38
GRAND TOTAL OF CITY FUNDS 47,266,726.21 $
(1) Public Safety Grant includes the MDC and PVS Program Costs budgeted with SLESF funds. (2) Transfers in and out are done on a quarterly basis.

Street Improvements include the Slurry Seal, Traffic Management and Street Improvement Projects.

Capital Improvements include City Hall, AV Ranch, and other city facilities.

Storm Water includes the Dairy Fork and Wood Canyon Emergent Wetland Project.

CITY OF ALISO VIEJO
May 31, 2023
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42 Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001

CITY OF ALISO VIEJO

DIRECTOR OF FINANCIAL SVCS/ CITY TREAS
12 JOURNEY , #100
ALISO VIEJO, CA 92656
Account Number: 98-30-007
May 2023 Statement
Effective
Date
Transaction
Date
Tran
Type Confirm
Number
Web
Confirm
Number Authorized Caller Amount
5/1/2023 5/1/2023 RD 1728967 1689333 ANN EIFERT 750,000.00 5/9/2023 5/9/2023 RW 1729256 1689629 ANN EIFERT -650,000.00 5/22/2023 5/22/2023 RD 1729732 1690106 ANN EIFERT 6,500,000.00 5/22/2023 5/23/2023 RDA 1729756 N/A ANN EIFERT -6,500,000.00 5/22/2023 5/23/2023 RDX 1729757 N/A ANN EIFERT 5,000,000.00 5/24/2023 5/24/2023 RD 1729815 1690188 ANN EIFERT 1,700,000.00 5/26/2023 5/25/2023 RW 1729852 1690228 ANN EIFERT -5,300,000.00 Account Summary
Total Deposit: 7,450,000.00 Beginning Balance: 5,675,522.91 Total Withdrawal: -5,950,000.00 Ending Balance: 7,175,522.91 43 May 2.993
April 2.870
March 2.831
PMIA Quarter to Date(1): 2.63
275PMIA Average Life(1):

2.74LAIF Apportionment Rate(2):

0.00007493902135155

0.986510329
LAIF Earnings Ratio(2):

LAIF Fair Value Factor(1):

PMIA Daily(1): 2.87
Treasuries

66.66%
Agencies

20.56%
Certificates of
Deposit/Bank Notes

5.59%
Time
Deposits

2.84%
Commercial
Paper

3.94%
Corporate
Bonds

0.23%
Loans

0.18%
Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) and interest earned on the Wildfire Fund loan pursuant to Public Utility Code 3288 (a).

Source:
(1) State of California, Office of the Treasurer
(2) State of Calfiornia, Office of the Controller
PMIA Average Monthly
Effective Yields(1)
PMIA/LAIF Performance Report
as of 06/07/23
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 03/31/23
Chart does not include $3,011,000.00 in mortgages, which equates to 0.002%. Percentages may not total 100% due to rounding.

Pooled Money Investment Account
Monthly Portfolio Composition (1)
04/30/23
$185.4 billion
44 City of Aliso Viejo

AGENDA ITEM
DATE: July 19, 2023
TO: Mayor and City Council
FROM: Ann Eifert, Director of Financial Services/City Treasurer SUBJECT: INVESTMENT POLICY FOR FISCAL YEAR 2023-24
Recommended Action:

Adopt a Resolution approving the Investment Policy for Fiscal Year 2023-24 and rescinding Resolution No. 2022-24 in its entirety.

Fiscal Impact:

The adoption of the Investment Policy will allow for the continual investment of the City’s idle cash which will provide additional revenue to the City.

Background:

California Government Code Section 53646 and best management practices dictate that local agencies prepare and update an investment policy on an annual basis. The City’s Investment Policy complies with the California Government Code and the guidelines recommended by the State and California Municipal Treasurer’s Association.

The investment policy states the goals of the City’s investment activities, the types of investments allowed by the Government Code, and reporting requirements. The City’s investment goals are, in order of priority, safety, liquidity, and yield. The purpose of the Investment Policy is to identify the policies and procedures that enhance opportunities for a prudent and systematic investment process and to organize and formalize investment- related activities.

Discussion:

Submitted for Council’s review and adoption is the FY 2023-24 Investment Policy, its accompanying resolution, and an administrative policy containing guidelines for investments and internal control. There are no significant changes to the proposed FY 2023-24 Investment Policy.
45

Page 2 of 2 ends

Attachments:

1. Resolution

2. Investment Policy & Investment Guidelines, Strategy & Internal Control – Clean

3. Investment Policy & Investment Guidelines, Strategy & Internal Control – Redline

4. Resolution 2022-24
46

Page 1 of 3 ends

RESOLUTION NO. 2023-___

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALISO
VIEJO, CALIFORNIA, REPEALING RESOLUTION NO. 2022-24, AND ADOPTING AN INVESTMENT POLICY FOR FISCAL YEAR 2023-24
WHEREAS, Government Code Section 53600 et seq. sets forth the State of California’s policy with regard to the importance of the solvency and creditworthiness of each individual local agency and the protection thereof; and WHEREAS, the City of Aliso Viejo is a local agency subject to the provisions of Government Code Section 53600 et seq.; and
WHEREAS, Government Code Section 53646 requires local agencies, such as the City of Aliso Viejo to consider annually a statement of investment policy, after review and consideration at a public meeting; and
WHEREAS, at a regular public meeting of the City Council the Council considered a statement of investment policy for the City, entitled City of Aliso Viejo Statement of Investment Policy for Fiscal Year 2023-24attached hereto as Exhibit “A” and incorporated herein;

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALISO VIEJO AS FOLLOWS:

Section 1. The statement of investment attached hereto as Exhibit “A” entitled City of Aliso Viejo Statement of Investment Policy for Fiscal Year 2023-24 is adopted as the City’s Investment Policy.

Section 2. Resolution No, 2022-24 is hereby repealed
Section 3. This Resolution shall be effective July 1, 2023.

Section 4. The City Clerk shall certify as to the adoption of this Resolution.

PASSED, APPROVED AND ADOPTED this 19th day of July, 2023. __________________________
Richard Hurt
Mayor
47 APPROVED AS TO FORM: ATTEST:

__________________________ __________________________
Scott C. Smith, City Attorney Mitzi Ortiz, MMC, City Clerk 48

Page 3 of 3 ends

STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.

CITY OF ALISO VIEJO )
I, MITZI ORTIZ, City Clerk of the City of Aliso Viejo, California, DO HEREBY CERTIFY that the foregoing is the original of Resolution No. 2023-__ duly passed and adopted by the City Council of the City of Aliso Viejo at their regular meeting held on the 19th day of July, 2023, by the following roll call vote, to wit:

AYES:

NOES:

ABSENT:
___________________________

MITZI ORTIZ, MMC

CITY CLERK
(SEAL)
49 City of Aliso Viejo 2023-24 Investment Policy Page i EXHIBIT “A”

CITY OF ALISO VIEJO

STATEMENT OF INVESTMENT POLICY
FOR FISCAL YEAR 2023-24
AS ADOPTED July 19, 2023

CITY COUNCIL

Mayor Richard Hurt
Mayor Pro Tem Mike Munzing
Council Member Tiffany Ackley
Council Member Ross Chun
Council Member Max Duncan
50 City of Aliso Viejo 2023-24 Investment Policy Page ii

TABLE OF CONTENTS

Statement of Investment Policy 1
Objectives 1
Scope of Funds 2
Prudent Investor Standard 2
Investment Philosophy 2
Delegation of Authority 3
Public Trust 3
Ethics and Conflicts of Interest 3
Internal Investment Controls 4
Investment Policy Adoption 5
Indemnification of Investment Officials 5
Investment Portfolio Compliance 5
Reporting 6
Authorized and Suitable Investments 6
Ratings and Rating Agencies 8
Prohibited Investments 8
Collateralization 9
Investment Pools 9
Money Market Mutual Funds 9
Maturity Limits 10
Qualifications for Financial Institutions and Broker/Dealer’s 10 Diversification Guidelines and Risks 11
Safekeeping and Custody 12
Performance Standards and Evaluation 12
Qualifications and Continuing Education 12
APPENDIX A: Glossary of Terms
APPENDIX B: Qualified Broker/Dealers
APPENDIX C: Administrative Policy: Investment Guidelines, Strategy, and Internal Control
51 City of Aliso Viejo 2023-24 Investment Policy Page 1 Statement of Investment Policy
This Statement of Investment Policy (“Policy”), as set forth by the City of Aliso Viejo (“City”), provides the guidelines for prudent investment of the City’s idle or reserve cash and outlines the policies essential to ensuring the safety and financial strength of the City’s investment portfolio.

This Policy is based on the principles of prudent money management and conforms to all applicable Federal and State Laws governing the investment of public funds. In instances in which the Policy is more restrictive than Federal or State Law, the Policy will supersede.

Objectives
It is the policy of the City to invest public funds in a manner which will provide for the preservation of capital while meeting the daily cash flow requirements of the City and attaining a market average rate of return within an acceptable and defined level of risk.

The Policy has three primary objectives, in order of priority:

1. Preservation of Capital (Safety) – the protection of principal is the foremost consideration when undertaking investment decisions that affect public funds. The objective is to mitigate credit risk and interest rate risk.

Credit Risk
Credit Risk is the risk of loss of principal due to the failure of the security issuer.

Credit Risk can be mitigated by:
 Limiting investments to the safest types of securities.  Pre-qualifying accountants, auditors, financial institutions, broker/dealers, financial advisors, and other outside consultants with which the City does business.  Diversifying the investment portfolio so that potential losses are minimized.

Interest Rate Risk
Interest rate risk is the risk that the market value of securities will fall due to a rise in general market interest rates. It is the policy of the City to hold individual securities to maturity in an effort to meet liquidity demands. Interest rate risk can be mitigated by:
 Holding individual securities to maturity - Structuring the investment portfolio so that securities mature to meet cash flow requirements for ongoing operations, thereby avoiding the need to sell securities on the open market prior to maturity.  Employing a laddering strategy whereby staggering maturities of individual securities so that bonds come due in increments, assuring an overall liquidity pattern.
 Limiting maturities of individual securities and the average maturity of the overall portfolio.

52 City of Aliso Viejo 2023-24 Investment Policy Page 2

2. Liquidity – the investment portfolio shall remain sufficiently liquid to meet all daily cash flow and operating requirements that may be reasonably expected or anticipated.

3. Return or Yield – attain a rate of return consistent with the primary objectives of safety and liquidity, throughout budgetary and economic cycles.

Scope of Funds
The investment policy applies to all financial assets and investment activities of the City, except for proceeds of debt issuance. Debt proceeds shall be invested in accordance with the “Permitted Investments” provisions for each specific bond indenture.

The Policy applies to the following funds and is accounted for in the City’s annual audited financial statements.

A. General Fund
B. Special Revenue Funds
C. Debt Service Funds
D. Capital Improvement Funds
E. Enterprise Funds
F. Internal Service Funds
G. Agency Funds

Prudent Investor Standard
The standard to be used by investment officials shall be that of a “prudent person” and shall be applied in the context of managing all aspects of the City’s investment portfolio The Prudent Investor Standard:

Governing bodies of local agencies or persons authorized to make investment decisions on behalf of those local agencies investing public funds pursuant to this chapter are trustees and therefore fiduciaries subject to the prudent investor standard. When investing, reinvesting, purchasing, acquiring, exchanging, selling, and managing public funds, a trustee shall act with care, skill, prudence, and diligence under the circumstances then prevailing, that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the agency. Within the limitations of sections 16429.1 and 53600 through 53684 of the California Government Code and considering individual investments as a part of an overall strategy, a trustee is authorized to acquire investments as authorized by law.

Investment Philosophy
It is the investment philosophy of the City to make investment decisions based on an overall passive management style that embodies a prudent investor standard and such that investments are purchased to generally match expected future cash outflows and with the intent to hold until maturity.

Accordingly, the City’s conservative philosophy prohibits active trading and speculation; i.e., the purchase of securities with the intent to profit from favorable market changes in market prices or market conditions. Leveraging or borrowing money for the purpose of investing is specifically prohibited. However, the City may elect to sell a security prior to its maturity and 53 City of Aliso Viejo 2023-24 Investment Policy Page 3 record a capital gain or loss in order to improve the quality, liquidity, or yield of the portfolio in response to market conditions or City needs.

Delegation of Authority
The City’s Resolution No. 2003-018 appoints the Director of Financial Services to also serve as City Treasurer. The Treasurer, or his or her designee, has the authority to manage the City’s investment portfolio in accordance with California Government Code Sections 53600 and 53630 et seq. and all related State and Federal laws.

The Treasurer will provide prior written notification to the City Manager and City Council regarding the designation of responsibilities.

The Treasurer shall establish written procedures for the operation and management of the City’s investment portfolio consistent with this investment policy. The procedures should include reference to safekeeping, repurchase agreements, wire transfer agreements, banking service contracts, collateral or depository agreements, competitive bid process, and due diligence. Such procedures shall include explicit delegation of authority to persons responsible for investment transactions. No person may engage in an investment transaction, except as provided under the terms of this policy and the investment procedures established by the Treasurer and approved by the City Manager.

The City may also engage Securities and Exchange Commission registered external investment advisor to manage the City’s investment program.

Public Trust
All participants in the investment process shall act as custodians of public funds. Investment officials shall recognize that the investment portfolio is subject to public review and evaluation.

The overall program shall be designed and managed with a degree of professionalism that is worthy of public trust. In a diversified portfolio, it must be recognized that occasional measured losses are inevitable and must be considered in the context of the overall portfolio’s investment return, provided that adequate diversification has been implemented.

Ethics and Conflicts of Interest
Elected officials and employees of the City involved in the investment process shall refrain from personal business activity that could conflict with proper execution of the investment program, or which could impair their ability to make impartial decisions under the Political Reform Act and Government Code Section 1090 et seq. Elected officials and employees shall disclose to the City Manager any material interests in financial institutions that conduct business with the City, and they shall further disclose any personal investment position or financial asset that could be related to the performance of the City’s investment program.

Elected officials and employees shall subordinate their personal investment transactions to those of the City particularly with regard to the time of purchases and sales.

Any firm proposing to provide any type of investment service to the City shall acknowledge their familiarity with the provisions of the Political Reform Act, Government Code Section 81000 et seq. and CA Code of Regulations 18110 et seq. and the provisions limiting contractual conflicts of interest under Government Code Section 1090 et seq. Any firm proposing to provide any type of investment service to the City shall also acknowledge their familiarity with and agree to abide by any Federal or State law, regulation, rule, or policy pertaining to or limiting campaign contributions by such firms, their employees, spouses, or agents. 54 City of Aliso Viejo 2023-24 Investment Policy Page 4 All persons, firms, broker/dealers, financial institutions, and advisors providing investment services or bond issue assistance shall disclose to the City Manager and the Treasurer all fee sharing, fee-splitting, and commission arrangements with other entities or persons prior to the City agreeing to buy an investment or issue bonds.

Internal Investment Controls
The Treasurer will implement and maintain a system of internal investment controls and segregate responsibilities of investment functions in order to prevent fraud, theft, loss of principal, loss of control over funds, inaccurate reporting, and negligence.

The Treasurer will assign designee(s) to assist in carrying out these functions and will establish an Oversight Reviewer function that may be carried out by a designated member of staff, independent individuals, or independent expert contractor to perform specified tasks.

In addition to the specified requirements placed on investment types, quality, maturity, and diversification, further controls will include:
 Safekeeping of Securities
To protect against losses caused by the collapse of individual securities dealers, all securities owned by the City are required to be held by a third-party safekeeping institution. Third-party safekeeping institutions may not act as custodians for any securities which that institution has issued or sold to the City.

Collateral must be held at safekeeping, as defined in the Safekeeping and Custody section of the Policy.

Payment procedures for all securities transactions will be Delivery v. Payment (DVP)  Competitive Bidding of Investments
The City’s investment procedures require that approved broker/dealers compete for investment purchases and sales in order for the City to obtain the highest yield available in the market and to ensure that investment transactions are free from favoritism.

Qualified Bids will be required for purchase of all investment transactions. The Treasurer shall select the best bid and is required to keep a record of each investment transaction. The Treasurer will rotate the purchase of investments among the pool of qualified broker/dealers.

If the City utilizes an external investment advisor, the advisor shall send its approved list of broker/dealers to the City annually and follow its policies and procedures for competitive bidding.
 Annual Management Review and Audit
An annual audit of the City’s Investment Policy, practices, procedures, and portfolio status will be conducted by an independent auditor of all items including, but not limited to, items specified in the Audit Checklist provided in the City’s Procedure Manual. The auditor will provide the City with written observations and recommendations regarding the adequacy of investment controls.  Segregated Investment Execution, Recordkeeping and Reporting An independent member of City staff will record the Treasurer’s investment records or confirmations to the City’s general ledger. In addition, independent staff will 55 City of Aliso Viejo 2023-24 Investment Policy Page 5 perform the monthly reconciliation of bank, broker/dealer, and safekeeping confirmations.
 Secondary Approval Required
The City Manager will review and approve the establishment of investment accounts, broker/dealer, and financial institution relationships and any agreements or contracts related to investments or investment related activity.
 Wire Transfer Controls
All City wire transfers will be executed in accordance with a written agreement specifying control procedures required for wire transfers of funds, including the establishment of repetitive wires to pay for securities transactions with approved securities dealers as well as any other routine money transfers. All other non-repetitive wires require City Manager approval prior to release.

Investment Policy Adoption
The City Council’s primary responsibilities over the investment function includes establishing investment policies, annually reviewing such policies, appointing a City Treasurer, reviewing monthly investment reports issued by the Treasurer, authorizing bond documents and financing transactions, and adopting recommended changes to the City’s Investment Policy as necessary.

The City’s investment policy shall be adopted by resolution of the City Council. The policy shall be reviewed annually by the City Council and any modifications made thereto must be approved the City Council.

Indemnification of Investment Officials
Any investment officer exercising his/her authority with due diligence, prudence, and care and in accordance with the Investment Policy and all written procedures shall be relieved of personal responsibility and liability for an individual security’s losses or losses incurred by the portfolio. However, any investment officer also bears the responsibility of reporting deviations from expectations in a timely manner to City Council and appropriate action is taken to control adverse developments and mitigate loss of principal.

Investment Portfolio Compliance
Should the portfolio, for any reason, fall out of compliance with this Investment Policy, immediate liquidation of securities in order to bring the portfolio back into compliance will not be required. However, the Treasurer must take action to bring the portfolio into compliance within 12 months from the date the portfolio was determined to be in non- compliance with the provisions of this Investment Policy. Additionally, adequate disclosure of all instances of noncompliance, and the efforts undertaken to bring the portfolio into compliance, must be made on the monthly Treasurer’s Report. 56 City of Aliso Viejo 2023-24 Investment Policy Page 6 Reporting
The Treasurer shall submit a “Monthly Treasurer’s Report” to the City Manager and City Council within 45 days following the last day of the month to be agendized for official action at a regular Council meeting thereafter. These reports shall disclose information relevant to the risk characteristics of the City’s investment portfolio and shall include the following information:

Monthly Treasurer’s Report
A. Cash receipts, disbursements, and balances in total.

B. A summary of the investment portfolio.

C. An asset list showing the issuer, type of investment, par value, maturity date, and interest rate.

D. Average rate of return on the City’s investment portfolio.

E. Maturity aging grouped by type of investment.

F. Diversification of the investment portfolio.

G. A listing of individual investment transactions during the month, as required by Government Code section 53607.

H. A statement of ability to meet upcoming operating expenses and spending requirements for the next six months.

I. A statement of compliance with the Investment Policy, including a schedule of any transactions or holdings which do not comply with this policy or with the California Government Code, including a justification for their presence in the portfolio, and a timetable for resolution.

Annual Report
The annual report will be prepared by the City Treasurer and submitted to the City Manager each fiscal year to ensure consistency. The annual report will include an overall analysis of the portfolio and shall suggest policies and improvements to enhance the City’s investment program. These enhancements will be annually considered by City Council and the authority to amend the Policy rests with City Council.

Authorized and Suitable Investments
Investment of City funds is governed by the California Government Code Sections 53600, 53601, 53601.5, 53601.6, 53635, and 53635.5 et seq. Within the context of the limitations, the following investments are authorized, as further limited herein:
57 City of Aliso Viejo 2023-24 Investment Policy Page 7 Matrix of Suitable Investment Options and Restrictions
Investment Type: Maximum
Maturity:

Maximum
percentage of
Portfolio:

Maximum Par Value
per Issuer:

Credit Quality and
Requirements:

U.S. Treasury
Bills, Notes and
Bonds

5 Years

100 percent

N/A
Explicit Full Faith and Credit
Guarantee of United States
Government

Federal Agency
Obligations

5 Years 60 percent
35% per agency

Implied Guarantee of the United
States Government
Bankers’
Acceptances
(BA’s)

180 Days

20 percent

5% per issuer
Domestic banks only - deemed
eligible for purchase by the
Federal Reserve Bank

Certificates of
Deposit or Time
Deposits*
(CD’s)

5 Years

30 percent

5% per issuer
Senior debt only from top 15
percent of peer group rated
banks, savings & loans and credit
unions. Defined by Section 5102
of the Financial Code.

Negotiable
Certificates of
Deposit

5 Years

30 percent

$250,000
Brokered CD’s insured by FDIC
for a maximum of $250,000 per
issuer.

Local Agency
Investment Fund
(LAIF)

N/A

100 percent

$75,000,000
(per entity)
Treasurer will review investment
policies and practices to
determine if consistent with the
Policy

Commercial Paper

270 Days

20 percent

5% of portfolio
Highest letter and number rating
as provided for by a nationally
recognized statistical-rating
organization (NRSRO)

Money Market
Mutual Funds

N/A

10 percent

10% per fund
(SEC Registered)
($1.00 NAV)
Highest rating from NRSRO.

Must also comply with Govt.

Code 53601(l) and 53601.6 (b)
and the weighted average to
maturity is less than 180 days.

Repurchase
Agreements*

92 Days

20 percent

20%
Signed security loan agreement
on file. Underlying securities
maintained at 102% of original
value. Reverse repurchase
agreements are specifically not
authorized under the Policy.

Supranational
Securities

5 Years

20 percent

10 % per issuer
United States dollar
denominated senior
unsecured unsubordinated
obligations issued or
unconditionally guaranteed
by the International Bank
for Reconstruction and
Development,
International Finance
58 City of Aliso Viejo 2023-24 Investment Policy Page 8 Corporation, or Inter-
American Development
Bank; rated AA or better
by two NRSROs.

Medium Term
Corporate Notes

5 Years

30 percent

5% of portfolio
Rated “A-” or better by a
nationally recognized rating
service. Code 53601 (k).
* Denotes a collateral requirement either initially, or at a pre-determined threshold. Please refer to Collateral section of the Policy for specific requirements.

Ratings and Rating Agencies
When possible, two ratings should be obtained to determine if an investment meets the Policy’s quality standard. Currently under this Policy, only Standard and Poor’s (S&P) and Moody’s Investor Service (Moody’s) are recognized investment ratings providers, and the City has established the following minimum standards to be applied at time of purchase and for reporting purposes:

Investment Type: Standard & Poor’s Moody’s

Banker’s Acceptances A1 P1
Commercial Paper A1 P1
Certificates of Deposit AA- Aa3
Money Market Mutual Funds AAA Aaa
Medium Term Corporate Notes A- A3
Supranational Securities AA Aa2
Repurchase Agreement – Provider AA Aa

Prohibited Investments
State and Federal laws notwithstanding, any investment not specifically described herein including, but not limited to, reverse repurchase agreements, derivatives, options, futures, zero coupon bonds, inverse floaters, range notes, first mortgages or trust deeds, collateralized mortgage obligations (CMO’s), limited partnerships, real estate investments trusts (REIT’s), open-end mutual funds, closed-end mutual funds, mutual funds with a weighted average maturity greater than 180 days, unregulated and/or uninsured investment pools, common stock, preferred stock, commodities, precious metals, securities with high price volatility, limited marketability (less than three active bidders), securities that may default on interest payments, and any other speculative investment deemed inappropriate under the Prudent Investor standard are strictly prohibited. In addition, any investment transaction that might impair public confidence in the Aliso Viejo City government is to be avoided.

59 City of Aliso Viejo 2023-24 Investment Policy Page 9 Collateralization
Collateral for Certificates of Deposit (CD) and Negotiated Certificates of Deposit (NCD) must comply with Government Code, Chapter 4, Bank Deposit Law Section 16500 et seq. and the Savings and Loan and Credit Union Deposit Law Government Code Section 16600 et seq.

In addition, if the CD is not FDIC insured or goes over the FDIC $250,000 limit, collateral is required equal to 100 percent of principal.

Collateral for Repurchase Agreements shall be 102 percent of market value of principal and accrued interest. Collateral can be either US Treasury securities or Federal Agency securities.

This will provide an addition level of security due to inevitable changes in market conditions.

Collateral will always be held by an independent third party with whom the City has a current custodial agreement. A clearly marked evidence of ownership (safekeeping receipt) must be supplied to the City and retained. The right of collateral substitution is granted within the parameters and constraints of this Policy.

Investment Pools
Government sponsored investment pools (Pools) are permitted under California Government Code Section 53601 et seq. and are an excellent short-term investment option for cash management facilities. These pools can provide safety, liquidity, and yield in a single diversified investment. However, thoughtful investigation and due diligence are required both initially at time of purchase and on an ongoing basis with analysis to determine that the investment pool is being managed in a manner consistent with the objectives of the Policy. The following guidelines include, but are not limited to:
 The Pool shall have attained the highest ranking or the highest letter and numerical rating provided by not less than two nationally recognized statistical rating organizations, or shall be insured by a municipal insurance corporation.  The Pool marks to market weekly at a minimum.
 The Pool provides comprehensive, timely monthly reports which include detailed transaction listings, report realized and unrealized gains and losses, provide accurate market values for each security, provide quality rating for individual securities, take delivery DVP, provide third party safekeeping of all investments, and for whom an audit is conducted annually by an independent auditor with no relationship to the Pool.

Money Market Mutual Funds
Money market mutual funds provide another safe, liquid, and diversified investment option for the City’s surplus capital. However, certain conditions need to be met both initially and on an ongoing basis. The money market may only invest in US Government securities permitted under this policy and under California Government Code Section 53601 et seq. with final stated maturities of one year or less “Government Money Market Funds.” In order to be an eligible money market investment under this section, the primary objective of the money market, as stated in the funds’ prospectus, is to maintain a constant $1.00 Net Asset Value (NAV). The following additional guidelines include, but are not limited to:
 The money market only invests in US Government securities, and the weighted average maturity of the portfolio is less than 180 days. 60 City of Aliso Viejo 2023-24 Investment Policy Page 10  The fund shall be registered with the SEC.
 The money market shall have attained the highest ranking or the highest letter and numerical rating provided by not less than two nationally recognized statistical rating organizations and shall maintain these ratings for the duration of the investment.

Maturity Limits
The longer the maturity of securities, the greater the market volatility. Therefore, the maximum maturity limit for any given security in the investment portfolio shall not exceed five (5) years.

It is also important to note that specific investments, detailed under the “Authorized and Suitable Investments” section, may be restricted to a shorter maturity.

The weighted average life of the portfolio may not exceed three (3) years in duration.

At a minimum, 15 percent of the portfolio shall remain liquid, accessible on demand by the City without restriction or penalty.

The investment portfolio shall be structured for liquidity purposes; therefore, 40 percent of the portfolio shall mature within 365-days .

Maturities will be selected based on a sufficiently detailed cash flow projection that facilitates selecting investment maturity dates to approximately match the projected dates of budgeted expenditures. Once cash flow needs are matched, maturities are selected based on a “laddering strategy” and the shape of the yield curve.

Extensions in the maximum maturity and average weighted life of the portfolio must be supported by detailed cash flow forecasts demonstrating the adequacy of cash from maturing assets to meet one hundred twenty-five percent (125%) of monthly expenditures for each prospective quarter, ending with the current maximum including capital expenditures funded on a pay-as-you-go basis. Recommendations to extend maturities must be reviewed and approved by the City Manager and City Council.

Qualifications for Financial Institutions and Broker/Dealer’s The Treasurer will maintain a list of qualified financial institutions and broker/dealers authorized to transact business with the City, as stated in Appendix “B”.

If the City utilizes a SEC registered external investment advisor, the advisor shall maintain a list of authorized broker-dealers and complete the appropriate due diligence required by the SEC. The external investment advisor may use its own list of approved broker/dealers and financial institutions for investment purposes on behalf of the City. The investment advisor shall submit the list of approved broker/dealers to the Finance Director/City Treasurer on an annual basis. The Finance Director/City Treasurer may restrict the use of a broker/dealer which may be deemed unsuitable.

The financial entities eligible to transact investment business with the City are:

I. Federal Reserve Bank:

Direct purchase of U.S. Treasury Bills, Notes, and Bonds using primary government dealers as designated by the Federal Reserve are exempt from quality requirements and are encouraged due to commission or mark-up discounts.

II. Nationally or State Chartered Banks, Savings and Loans, and Credit Unions:

The City may purchase investments offered from Banks, Savings and Loans, and Credit 61 City of Aliso Viejo 2023-24 Investment Policy Page 11 Unions provided the institutions are:
 Nationally or State Chartered Institutions.
 Registered as investment securities dealers.
 Ranked in the top 15 percent of institutions within their respective peer group.  The signatures of two individuals shall be required for the opening and closing of any bank account (the Treasurer, City Manager, Mayor, or Mayor Pro Tem).

The Accounting Officer, who is independent of the investment function, shall keep a record of all opened and closed accounts. On an annual basis, the Accounting Officer shall provide a list of accounts to the independent auditor.

III. Broker/Dealers:

The City will purchase investments from primary dealers whenever possible. However, if an investment deemed appropriate for the portfolio is not available through the primary market, then the Treasurer may use an authorized broker/dealer from the pre-approved list of broker/dealers on record.

For a broker/dealer to be considered for placement on the pre-approved list, they must comply with the following:
 Primary or Regional dealers that qualify for SEC Rule 15c3-1  Provide audited financial statements from the two most frequent years  A statement certifying that the institution has reviewed the City’s Investment Policy and California Government Code Section 53600 et seq. and that all securities offered to the City shall comply fully with all provisions of the Policy and the California Government Code.
 The signatures of two individuals shall be required for the opening and closing of any broker/dealer account (the Treasurer, City Manager, Mayor or Mayor Pro Tem). The Accounting Officer, who is independent of the investment function, shall keep a record of all opened and closed accounts. On an annual basis, the Accounting Officer shall provide a list of accounts to the independent auditor.
 Settlement of securities traded through qualified broker/dealers shall occur trade date plus one or two days (depending upon security type), the current industry standard. New issue securities may have longer settlements, but none shall be greater than three weeks.

The Treasurer is responsible for ensuring that settlement occurs in a timely matter and that execution confirmations reflect accurate trade data. In addition, investment transactions are required to be Delivery v. Payment (DVP).

Diversification Guidelines and Risks
The City recognizes diversification is an investment strategy that will mitigate risk in the investment portfolio. The City’s investment portfolio shall be diversified to avoid incurring unreasonable and avoidable risks with regard to specific investment types. Within investment types, the City shall also maintain a mix of securities to avoid concentrations within individual financial institutions, geographic areas, industry types, and maturities. 62 City of Aliso Viejo 2023-24 Investment Policy Page 12 The City will only invest in fixed rate, fixed maturity securities and, with the exception of U.S.

Treasury securities or the Local Agency Investment Fund (LAIF), no more than 60 percent of the investment portfolio shall be invested in any single investment type or financial institution.

Safekeeping and Custody
All security transactions, including collateral for repurchase agreements and certificates of deposit, shall be transacted on a Delivery vs. Payment (DVP) basis. This means that the securities shall be delivered to the City or the City’s designated custodian upon receipt of payment by the City.

All securities that may be purchased, including collateral, shall be held by a third-party custodian designated by the Treasurer whenever possible. These securities shall be held in the City’s name and control, and the third-party custodian shall be evidenced by safekeeping receipts. The third-party custodian shall send the City, on a monthly basis, a summary of safekeeping assets, and this statement shall be reconciled to the City’s records on a monthly basis. Securities held in custody for the City shall be independently audited on an annual basis to verify investment holdings.

Performance Standards and Evaluation
Investment performance is continually monitored and evaluated by the City Treasurer.

Investment activity reports are generated on a monthly basis for presentation to the City Manager and City Council.

The weighted average maturity of the pooled portfolio shall not exceed three years and shall be designated to attain a market average rate of return. The market average rate of return will be determined by a custom benchmark that represents the prominent and persistent characteristics of the portfolio.

An annual audit of the City’s Investment Policy, practices, procedures, and portfolio status will be conducted by an independent auditor of all items including, but not limited to, items specified in the Audit Checklist provided in the City’s Procedure Manual. The auditor will provide the City Manager and City Council with written observations and recommendations regarding the adequacy of investment controls.

Qualifications and Continuing Education
The City Treasurer shall be a City employee or contract employee. The Treasurer shall be selected on the basis of educational background and experience relevant to the Treasury function.

The City recognizes the need for and is committed to providing ongoing education specific to the investment function for the Treasurer and other City staff and officials involved in the investment process.
63 Appendix A

GLOSSARY OF TERMS
Accrued Interest - Interest earned but not yet received.

Active Deposits - Funds which are immediately required for disbursement.

Agencies - Federal agency securities and/or Government-sponsored enterprises.

Amortization - An accounting practice of gradually decreasing (increasing) an asset's book value by spreading its depreciation (accretion) over a period of time.

Asking Price - The price a broker/dealer offers to sell securities. See Offer Bankers' Acceptance (BA) - A “draft” or bill or exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill, as well as the issuer.

Basis Point - One basis point is one hundredth of one percent (.01).

Bear Market - A period of generally pessimistic attitudes and declining market prices.

Bid - The price offered by a buyer of securities. (When you are selling securities, you ask for a bid.) See Offer.

Bond - A financial obligation for which the issuer promises to pay the bondholder a specified stream of future cash flows, including periodic interest payments and a principal repayment.

Book Value - The value at which a debt security is shown on the holder's balance sheet. Book value is acquisition cost less amortization of premium or plus accretion of discount.

Broker - A broker brings buyers and sellers together for a commission.

Bull Market - A period of generally optimistic attitudes and increasing market prices.

Callables - Securities that the issuer has the right to redeem prior to maturity.

Certificate of Deposit - A time deposit with a specific maturity, evidenced by a certificate.

Large-denomination CD's are typically negotiable. CD's may be eligible for FDIC insurance.

Collateral - Securities, evidence of deposit, or pledges to secure repayment of a loan. Also refers to securities pledged by a bank to secure deposit of public moneys.

Commercial Paper - Short-term, unsecured promissory notes issued by a corporation to raise working capital. These negotiable instruments are purchased at a discount to par value or at par value with interest bearing.

Comprehensive Annual Financial Report (CAFR) - The official annual financial report for the City. It includes government-wide and fund financial statements prepared in conformity with Generally Accepted Accounting Principals (GAAP).

Constant Maturity Treasury (CMT) - An average yield of a specific Treasury maturity sector for a specific time frame, or an index of the average yield on United States Treasury securities adjusted to a constant maturity. This is a market index for reference of past direction of interest rates for the given Treasury maturity range.

Coupon - The annual rate of interest that a bond's issuer promises to pay the bondholder on the bond's face value.

Credit Analysis - A critical review and appraisal of the economic and financial conditions or of the ability to meet debt obligations.
64 Appendix A
GLOSSARY OF TERMS (continued)
Current Yield - The interest paid on an investment expressed as a percentage of the current price of the security.

Custody - A banking service that provides safekeeping for the individual securities in a customer's investment portfolio under a written agreement which also calls for the bank to collect and pay out income, to buy, sell, receive, and deliver securities when ordered to do so by the principal.

Debenture - A bond secured only by the general credit of the issuer.

Delivery v. Payment (DVP) - Delivery of securities with a simultaneous exchange of payment for the securities.

Demand Deposit Account - Accounts whose balance is available to meet immediate cash needs (maturities up to 7 days).

Derivatives - (1) Financial instruments whose return profile is linked to, or derived from, the security and may include a leveraging factor, or (2) financial contracts based upon notional amount whose value is derived from an underlying index or security (interest rates, foreign exchange rates, equities, or commodities).

Discount - The difference between the cost of a security and its value at maturity when quoted at lower than face value.

Discount Securities - Non-interest bearing money market instruments that are issued at a discount and redeemed at maturity for full face value, e.g., U. S. Treasury Bills.

Diversification - Dividing investment funds among a variety of securities offering independent return and risk profiles.

Duration - The weighted average maturity of a bond's cash flow stream, where the present value of the cash flows serves as the weights; the future point in time at which, on average, an investor has received exactly half of the original investment in present value terms; a bond's zero-coupon equivalent; the fulcrum of a bond's present value cash flow time line.

Fannie Mae - Trade name for the Federal National Mortgage Association (FNMA).

Federal Credit Agencies - Agencies of the Federal Government set up to supply credit to various classes of institutions and individuals, e.g., Savings and Loans, small business firms, students, farmers, farm cooperatives, and exporters.

Federal Deposit Insurance Corporation (FDIC) - Insurance provided to customers of a subscribing bank, which guarantees deposits to a set limit (currently $100,000) per account.

Federal Funds Rate - The rate of interest at which Federal funds are traded. This rate is currently pegged by the Federal Reserve through open-market operations.

Federal Home Loan Banks (FHLB) – Government-sponsored wholesale banks which lend funds and provide correspondent banking services to member commercial banks, thrifty institutions, credit unions, and insurance companies. The mission of the FHLBs is to liquefy the housing related assets of its members who must purchase stock in their district Bank. 65 Appendix A
GLOSSARY OF TERMS (continued)
Federal Home Loan Mortgage Corporation (FHLMC) - The FHLMC was created under the Federal Home Loan Mortgage Act, Title III of the Emergency Home Finance Act of 1970 as a stockholder-owned government-sponsored enterprise. Freddie Mac, as the corporation is called, is charged with providing stability and assistance to the secondary home mortgage market by buying first mortgages and participation interests and reselling these securities in the form of guaranteed mortgage securities. Although agency obligations are not explicitly guaranteed by the federal government, the rating agencies believe that in the unlikely event of financial difficulties, the federal government will support the agency to the extent necessary to provide for full and timely payment on their securities.

Federal National Mortgage Association (FNMA) - FNMA, like GNMA, was chartered under the Federal National Mortgage Association Act in 1938. FNMA is a federal corporation working under the auspices of the Department of Housing and Urban Development (HUD).

It is the largest single provider of residential mortgage funds in the United States. Fannie Mae, as the corporation is called, is a private stockholder-owned corporation. The corporation's purchases include a variety of adjustable mortgages and second loans, in addition to fixed-rate mortgages. FNMA's securities are also highly liquid and are widely accepted. FNMA assumes and guarantees that all security holders will receive timely payment of principal and interest.

Federal Open Market Committee (FOMC) - Consists of seven members of the Federal Reserve Board and five of the twelve Federal Reserve Bank Presidents. The President of the New York Federal Reserve Bank is a permanent member, while the other Presidents serve on a rotating basis. The Committee periodically meets to set Federal Reserve guidelines regarding purchases and sales of Government Securities in the open market as a means of influencing the volume of bank credit and money.

Federal Reserve System - The central bank of the U. S. which consists of a seven-member Board of Governors, 12 regional banks, and 5,700 commercial banks that are members.

Fed Wire - A wire transmission service established by the Federal Reserve Bank to facilitate the transfer of funds through debits and credits of funds between participants within the Fed system.

Freddie Mac - Trade name for the Federal Home Loan Mortgage Corporation (FHLMC).

Ginnie Mae - Trade name for the Government National Mortgage Association (GNMA).

Government National Mortgage Association (GNMA) - Securities influencing the volume of bank credit guaranteed by GNMA and issued by mortgage bankers, commercial banks, savings and loan associations, and other institutions. Security holder is protected by the full faith and credit of the U.S. Government. Ginnie Mae securities are backed by the FHA, VA, or FmHA mortgages. The term "pass-throughs" is often used to describe Ginnie Maes.

Inactive Deposits - Funds not immediately needed for disbursements.

Interest Rate - The annual yield earned on an investment, expressed as a percentage.

Investment Agreements - An agreement with a financial institution to borrow public funds subject to certain negotiated terms and conditions concerning collateral, liquidity, and interest rates.
66 Appendix A
GLOSSARY OF TERMS (continued)
LAIF (Local Agency Investment Fund) - A special fund in the State Treasury which local agencies may use to deposit funds for investment. There is no minimum investment period, and the minimum transaction is $5,000, in multiples of $1,000 above that, with a maximum balance of $75,000,000 for any agency. It offers high liquidity because deposits can be converted to cash in 24 hours and no interest is lost. All interest is distributed to those agencies participating on a proportionate share basis determined by the amounts deposited and the length of time they are deposited. Interest is paid quarterly. California Government Code §16429.3 states, in part:
"money placed with the State Treasurer for deposit in the Local Agency Investment Fund by cities, counties, or special districts shall not be subject to impoundment or seizure by any state official or state agency."

Liquidity - Refers to the ability to rapidly convert an investment into cash with minimal risk of losing some portion of principal and/or interest.

Local Government Investment Pool (LGIP) - The aggregate of all funds from political subdivisions that are placed in the custody of the State Treasurer for investment and reinvestment.

Market Value - The price at which a security is trading and could presumably be purchased or sold.

Master Repurchase Agreement - A written contract covering all future transactions between the parties to repurchase and/or reverse repurchase agreements that establishes each party's rights in the transactions. A master agreement will specify, among other things, the right of the buyer-lender to liquidate the underlying securities in the event of default by the seller- borrower.

Maturity - The date upon which the principal or stated value of an investment becomes due and payable.

Medium Term Corporate Notes - Unsecured promissory notes issued by a corporation organized and operating in the United States. These are negotiable instruments and are traded in the secondary market. Medium term corporate notes can be defined as extended maturity commercial paper. Local agencies are restricted by the Government Code to investments in corporations rated in the top three note categories by Moody's Investors Service, Inc., and/or Standard and Poor's Corporation. For medium term notes, eligible purchases consist of instruments that have a rating of "A" or better by both Moody's Investors Service, Inc., and Standard and Poor's Corporation.

Money Market - The market in which short-term debt instruments (bills, commercial paper, banker's acceptances, etc.) are issued and traded.

Negotiable Certificates of Deposit - Unsecured obligations of the financial institution, or bank, bought at par value with the promise to pay face value plus accrued interest at maturity.

They are high-grade negotiable instruments, paying a higher interest rate than regular certificates of deposit. The primary market issuance is in multiples of $1,000,000; the secondary market usually trades in denominations of $500,000, although smaller lots are occasionally available. As a matter of practice, only the ten largest U.S. banks where there is a secondary market established for continued liquidity would be considered for investment. 67 Appendix A
GLOSSARY OF TERMS (continued)
NRSRO - Nationally recognized statistical-rating organization New Issue - Term used when a security is originally "brought" to market.

Offer - The price asked by a seller of securities. (When you are buying securities, you ask for an offer.) See Asking Price and Bid.

Open Market Operations - Purchases and sales of government and certain other securities in the open market by the New York Federal Reserve Bank as directed by the FOMC in order to influence the volume of money and credit in the economy. Purchases inject reserve into the bank system and stimulate growth of money and credit; sales have the opposite effect. Open market operations are the Federal Reserve's most important and most flexible monetary policy tool.

Paper Gain or Loss - Term used for unrealized gain or loss on securities being held in a portfolio based on comparison of current market quotes and their original cost. This situation exists as long as the security is held while there is a difference between cost value (book value) and the market value.

Perfected Delivery - Refers to an investment where the actual security or collateral is held by an independent third party representing the purchasing entity.

Portfolio - Collection of securities held by an investor.

Primary Dealer - A group of government securities dealers that submit daily reports of market activity and security positions held to the Federal Reserve Bank of New York and are subject to its informal oversight.

Prudent Person Rule - An investment standard. In some states, the law requires that a fiduciary, such as a trustee, may invest money only in a list of securities selected by the custody state - the so-called legal list. In other states, the trustee may invest in a security if it is one which would be bought by a prudent person of discretion and intelligence who is seeking a reasonable income and preservation of capital.

Purchase Date - The date in which a security is purchased for settlement on that or a later date.

Qualified Public Depositories - A financial institution that does not claim exemption from the payment of any sales or compensating use or ad valorem taxes under the laws of this state, which has segregated for the benefit of the commission eligible collateral having a value of not less approved by the Public Deposit Protection Commission to hold public deposits.

Rate of Return - The yield obtainable on a security based on its purchase price or its current market price. This may be the amortized yield to maturity on a bond or the current income return.

Repurchase Agreement (RP or REPO) - A holder of securities sells these securities to an investor with an agreement to repurchase them at a fixed price on a fixed date. The security "buyer" in effect lends the "seller" money for the period of the agreement, and the terms of the agreement are structured to compensate him for this. Dealers use RP extensively to finance their positions. Exception: When the Fed is said to be doing RP, it is lending money, or increasing bank reserves.
68 Appendix A
GLOSSARY OF TERMS (continued)
Reverse Repurchase Agreement (Reverse REPO) - A transaction where the seller (City) agrees to buy back from the buyer (bank) the securities at an agreed upon price after a stated period of time.

Risk - Degree of uncertainty of return on an asset.

Safekeeping - See Custody.

Secondary Market - A market made for the purchase and sale of outstanding issues following the initial distribution.

Securities and Exchange Commission - Agency created by Congress to protect investors in securities transactions by administering securities legislation.

SEC Rule 15(C)3-1 - See Uniform Net Capital Rule.

Settlement Date - The date on which a trade is cleared by delivery of securities against funds.

Spread - a) The yield or price difference between the bid and offer on an issue; b) the yield or price difference between different issues.

Structured Notes - Notes issued by government-sponsored enterprises (FHLB, FNMA, etc.) and corporations that have imbedded options (e.g., call features, step-up coupons, floating rate coupons, derivative-based returns) in their debt structure. Their market performance is impacted by the fluctuation of interest rates, the volatility of the imbedded options, and shifts in the shape of the yield curve.

Supranational - A supranational entity is formed by two or more central governments with the purpose of promoting economic development for the member countries. Supranational institutions finance their activities by issuing debt, such as supranational bonds. The three U.S. based supranationals are International Bank for Reconstruction and Development, the International Finance Corporation, and the Inter-American Development Bank.

Swap - The sale of one issue and the simultaneous purchase of another for some perceived advantage.

Treasury Bills - A non-interest bearing discount security issued by the U.S. Treasury to finance the national debt. Most bills are issued to mature in three months, six months, or one year.

Treasury Bonds - Long-term coupon-bearing U. S. Treasury securities issued as direct obligations of the U. S. Government and having initial maturities of more than ten years.

Treasury Notes - Medium-term coupon-bearing U. S. Treasury securities issued as direct obligations of the U. S. Government and having initial maturities from two to ten years.

Uniform Net Capital Rule - Securities and Exchange Commission requirement that member firms, as well as nonmember broker-dealers in securities, maintain a maximum ratio of indebtedness to liquid capital of 15 to 1; also called net capital rule and net capital ratio.

Indebtedness covers all money owed to a firm, including margin loans and commitments to purchase securities, one reason new public issues are spread among members of underwriting syndicates. Liquid capital includes cash and assets easily converted into cash.

U.S. Government Agencies - Instruments issued by various U.S. Government Agencies, most of which are secured only by the credit worthiness of the particular agency.

Yield - The rate of annual income return on an investment, expressed as a percentage. It is obtained by dividing the current dollar income by the current market price of the security. 69 Appendix A
Yield to Maturity - The rate of income return on an investment, minus any premium or plus any discount, with the adjustment spread over the period from the date of purchase to the date of maturity of the bond, expressed as a percentage. 70 Appendix B

QUALIFIED BROKER/DEALERS

The City has qualified the following Broker/Dealer’s:
 Cantella & Co. Inc
 Great Pacific Securities
 Higgins Capital
 Morgan Stanley
 Multi-Bank Securities, Inc
 Mutual Securities, Inc
 Raymond James & Associates, Inc.
 Time Value Investments
 UBS Financial Services, Inc
 Wedbush Securities
71 Appendix C

ADMINISTRATIVE POLICY
Investment Guidelines, Strategy, and Internal Control
72 City of Aliso Viejo

ADMINISTRATIVE POLICY

SUBJECT

INVESTMENT GUIDELINES, STRATEGY

AND INTERNAL CONTROL
APPROVED BY:

Dave Doyle
CITY

MANAGER
PROCEDURE NO.
11 EFF. DATE
7/1/2015
Rev
7/1/2017
7/1/2023
PAGE
1 of 4

PURPOSE
The purpose of this policy is to establish a framework for the investment of surplus City funds within the established internal control procedures for treasury functions.

POLICY

INVESTMENT GUIDELINES AND STRATEGY

GUIDELINES

1. Investment Transaction - Every investment transaction must be authorized and reviewed by the Director of Finance/City Treasurer or his/her designee.

2. Pooled Cash - Whenever practical, local agency cash is consolidated into one bank account and invested on a pooled concept basis. Interest earnings are allocated monthly according to month-end cash and investment balances for each fund.

3. Competitive Bids - Purchases and sales of securities are made on the basis of competitive offers and bids.

4. Cash Forecast - The cash flow for the City is analyzed with the receipt of revenues and maturity of investments scheduled so that adequate cash will be available to meet disbursement requirements.

5. Investment Limitations - Security purchases and holdings are maintained within statutory limits imposed by the California Government Code.

6. Liquidity - The marketability of a security is considered at the time of purchase, as the security may have to be sold at a later date to meet unanticipated cash demands.

7. Diversification - The portfolio should consist of various types of securities, issuers, and maturities.

STRATEGY

1. Economic Forecasts - Economic Forecasts are obtained periodically from economists and financial experts through bankers and brokers to assist the Director of Finance/City Treasurer or his/her designee with the formulation of an investment strategy for the local agency.

2. Implementing Investment Strategy - Investment transactions are executed to conform to anticipated interest rate trends and the current investment strategy plan.
73 City of Aliso Viejo

ADMINISTRATIVE POLICY

SUBJECT

INVESTMENT GUIDELINES, STRATEGY

AND INTERNAL CONTROL
APPROVED BY:

Dave Doyle
CITY

MANAGER
PROCEDURE NO.
11 EFF. DATE
7/1/2015
Rev
7/1/2017
7/1/2023
PAGE
2 of 4

3. Rapport - A close working relationship is maintained with public works, city staff, and large vendors of the city.

The objective is to pinpoint when large disbursements will clear the City's bank account. It is essential for good cash control that such large expenditures be anticipated, estimated as to dollar amount, and communicated to the Director of Finance/City Treasurer or his/her designee for liquidity planning purposes.

4. Preserve Portfolio Value - Field standards are developed in order to maintain earnings near the market and to preserve the value of the portfolio.

INTERNAL CONTROL
I. OBJECTIVES OF INTERNAL CONTROL

1. To effectively and efficiently conduct business, including adherence to financial and management policies.

2. Safeguarding its assets and prevention or detection of errors and fraud.

3. Timely preparation of accurate and reliable financial information.

4. Compliance with applicable laws and regulations.

II. COMPONENTS OF INTERNAL CONTROL

1. Control Environment - The control environment is the set of standards, processes, and structures that provides the basis for carrying out internal control across the organization. Management establishes the tone at the top regarding the importance of internal control, including expected standards of conduct, organizational structure, and assignment of authority and responsibility.

2. Risk Assessment - Risk assessment involves a dynamic process for identifying and analyzing risks in achieving the entity’s objectives. Risk assessment requires management to consider the impact of possible changes in the internal and external environment that may render established internal controls ineffective.

3. Control Activities - Control activities are the actions established through policies and procedures to ensure that management’s directives to mitigate risks are achieved. Segregation of duties is typically built into the development of control activities and may include authorizations, verifications, reconciliations, and reviews.

4. Communication - Communication occurs both internally and externally and provides the organization with the information needed to carry out day-to-day activities.

5. Audits – Audits are the process through which activities can be monitored and evaluated for any internal control deficiencies and communicated to management for taking corrective action. 74 City of Aliso Viejo

ADMINISTRATIVE POLICY

SUBJECT

INVESTMENT GUIDELINES, STRATEGY

AND INTERNAL CONTROL
APPROVED BY:

Dave Doyle
CITY

MANAGER
PROCEDURE NO.
11 EFF. DATE
7/1/2015
Rev
7/1/2017
7/1/2023
PAGE
3 of 4
III. ELEMENTS OF INTERNAL CONTROL

1. Organization - Responsibility for the performance of duties should be assigned and lines of authority and reporting clearly identified and delineated.

2. Segregation of functions - Segregation of functions reduces the risk for an individual to be able to perpetrate and conceal errors or commit fraud in the normal course of duty. If two parts of a transaction are handled by different individuals, collusion is necessary to conceal errors or commit fraud. Functions that should be considered when evaluating segregation of duties are authorization, execution, recording, custody of assets, and reconciliation.

3. Authorization - All transactions should be approved by an authorized individual. The responsibilities and limits of authorization should be clearly delineated. The individual or group authorizing a specific transaction or granting general authority for transactions should be in a position commensurate with the nature and significance of the transactions.

4. Controls over an accounting system - Controls over an accounting system include the procedures, both manual and computerized, carried out independently to ascertain that transactions are complete, valid, authorized, and properly recorded.

IV. LIMITATIONS OF INTERNAL CONTROL
Internal control, no matter how well-designed, implemented, and conducted, can only provide reasonable assurance to management of the achievement of an entity’s objectives. Inherent limitations of internal control may include:

1. Recurring, rather than unusual, types of transactions.

2. Human error due to misunderstanding, carelessness, fatigue, or distraction.

3. Potential for collusion that circumvents controls defined by the segregation of functions.

4. Possibility of a management override of the system, despite an otherwise effective system of internal control. 75 City of Aliso Viejo

ADMINISTRATIVE POLICY

SUBJECT

INVESTMENT GUIDELINES, STRATEGY

AND INTERNAL CONTROL
APPROVED BY:

Dave Doyle
CITY

MANAGER
PROCEDURE NO.
11 EFF. DATE
7/1/2015
Rev
7/1/2017
7/1/2023
PAGE
4 of 4

SEGREGATION OF RESPONSIBILITIES FOR TREASURY FUNCTIONS
Function Responsibility _

1. Formal investment policy should be
* Prepared by Director of Finance/City Treasurer
* Approved by City Council

2. Develop Investment Strategy Director of Finance/City Treasurer or Registered Investment Advisor

3. Receive quotes and recommend investments for purchase Director of Finance/City Treasurer,

4. Approve investment transactions Director of Finance/City Treasurer, City Manager

5. Execute investment transactions Director of Finance/City Treasurer

6. Approve investment transactions for compliance with Director of Finance/City Treasurer or Investment policy and/or State Law Registered Investment Advisor

7. Record investment transactions in the City’s financials Accountant

8. Verify investment Director of Finance/City Treasurer i.e., match broker confirmation to City records Senior Accountant or Accountant

9. Confirm LAIF and Bank Wires Director of Finance/City Treasurer Senior Accountant or Accountant

10. Safeguard assets and records:
* Reconciliation of City’s records to bank statements Senior Accountant or Accountant and safekeeping of records
* Annual review of (a) financial institution's financial condition, Director of Finance/City Treasurer, and (b) safety, liquidity, and potential yields of investment City Manager instruments

11. Annual review of investment portfolio External Independent Auditors The segregation of responsibilities as outlined herein is intended to enhance the City’s internal controls over treasury functions. It should be noted that from time to time, due to the limited size of the Financial Services staff, segregation of responsibilities may be amended in order to fulfill the business needs of the organization. 76 City of Aliso Viejo 2022-233-24 Investment Policy Page i

EXHIBIT “A”

CITY OF ALISO VIEJO

STATEMENT OF INVESTMENT POLICY
FOR FISCAL YEAR 2023-242-23
AS ADOPTED SEPTEMBER 7,
2022July 19, 2023

CITY COUNCIL

Mayor Ross ChunRichard
Hurt
Mayor Pro Tem Richard
HurtMike Munzing
Council Member Tiffany Ackley
Council Member Dave
HarringtonRoss Chun
Council Member Mike
77 City of Aliso Viejo 2022-233-24 Investment Policy Page ii

MunzingMax Duncan
78 City of Aliso Viejo 2022-233-24 Investment Policy Page iii

TABLE OF CONTENTS

Statement of Investment Policy 1
Objectives 1
Scope of Funds 2
Prudent Investor Standard 2
Investment Philosophy 2
Delegation of Authority 3
Public Trust 3
Ethics and Conflicts of Interest 3
Internal Investment Controls 4
Investment Policy Adoption 5
Indemnification of Investment Officials 5
Investment Portfolio Compliance 5
Reporting 6
Authorized and Suitable Investments 6
Ratings and Rating Agencies 8
Prohibited Investments 8
Collateralization 9
Investment Pools 9
Money Market Mutual Funds 9
Maturity Limits 10
Qualifications for Financial Institutions and Broker/Dealer’s 10 Diversification Guidelines and Risks 11
Safekeeping and Custody 12
Performance Standards and Evaluation 12
Qualifications and Continuing Education 12
APPENDIX A: Glossary of Terms
APPENDIX B: Qualified Broker/Dealers
APPENDIX C: Administrative Policy: Investment Guidelines, Strategy, and Internal Control
79 City of Aliso Viejo 2023-242-23 Investment
Policy

Page 1 ends

Statement of Investment Policy
This Statement of Investment Policy (“Policy”), as set forth by the City of Aliso Viejo (“City”), provides the guidelines for prudent investment of the City’s idle or reserve cash and outlines the policies essential to ensuring the safety and financial strength of the City’s investment portfolio.

The Policy has three primary objectives, in order of priority:

Credit Risk
Credit Risk is the risk of loss of principal due to the failure of the security issuer.

80 City of Aliso Viejo 2023-242-23 Investment Policy Page 2

2. Liquidity – the investment portfolio shall remain sufficiently liquid to meet all daily cash flow and operating requirements that may be reasonably expected or anticipated.

3. Return or Yield – attain a market rate of return or yield consistent with the primary objectives of safety and liquidity, throughout budgetary and economic cycles.

The Policy applies to the following funds and is accounted for in the City’s annual audited financial statements.

A. General Fund
B. Special Revenue Funds
C. Debt Service Funds
D. Capital Improvement Funds
E. Enterprise Funds
F. Internal Service Funds
G. Agency Funds

Accordingly, the City’s conservative philosophy prohibits active trading and speculation; i.e., the purchase of securities with the intent to profit from favorable market changes in market prices or market conditions. Leveraging or borrowing money for the purpose of investing is specifically prohibited. However, the City may elect to sell a security prior to its maturity and 81 City of Aliso Viejo 2023-242-23 Investment Policy Page 3

record a capital gain or loss in order to improve the quality, liquidity, or yield of the portfolio in response to market conditions or City needs.

The Treasurer will provide prior written notification to the City Manager and City Council regarding the designation of responsibilities.

The City may also engage Securities and Exchange Commission registered external investment advisor to manage the City’s investment program.

Elected officials and employees shall subordinate their personal investment transactions to those of the City particularly with regard to the time of purchases and sales.

All persons, firms, broker/dealers, financial institutions, and advisors providing investment services or bond issue assistance shall disclose to the City Manager and the Treasurer all fee sharing, fee-splitting, and commission arrangements with other entities or persons prior to the City agreeing to buy an investment or issue bonds.

Collateral must be held at safekeeping, as defined in the Safekeeping and Custody section of the Policy.

perform the monthly reconciliation of bank, broker/dealer, and safekeeping confirmations.
 Secondary Approval Required
The City Manager will review and approve the establishment of investment accounts, broker/dealer, and financial institution relationships and any agreements or contracts related to investments or investment related activity.
 Wire Transfer Controls
All City wire transfers will be executed in accordance with a written agreement specifying control procedures required for wire transfers of funds, including the establishment of repetitive wires to pay for securities transactions with approved securities dealers as well as any other routine money transfers. All other non-repetitive wires require City Manager approval prior to release.

Reporting
The Treasurer shall submit a “Monthly Treasurer’s Report” to the City Manager and City Council within 45 days following the last day of the month to be agendized for official action at a regular Council meeting thereafter. These reports shall disclose information relevant to the risk characteristics of the City’s investment portfolio and shall include the following information:

Monthly Treasurer’s Report
A. Cash receipts, disbursements, and balances in total.

B. A summary of the investment portfolio.

C. An asset list showing the issuer, type of investment, par value, maturity date, and interest rate.

D. Average rate of return on the City’s investment portfolio.

E. Maturity aging grouped by type of investment.

F. Diversification of the investment portfolio.

G. A listing of individual investment transactions during the month, as required by Government Code section 53607.

H. A statement of ability to meet upcoming operating expenses and spending requirements for the next six months.

Authorized and Suitable Investments
Investment of City funds is governed by the California Government Code Sections 53600, 53601, 53601.5, 53601.6, 53635, and 53635.5 et seq. Within the context of the limitations, the following investments are authorized, as further limited herein:
85 City of Aliso Viejo 2023-242-23 Investment Policy Page 7 Matrix of Suitable Investment Options and Restrictions
Investment Type: Maximum
Maturity:

Maximum
percentage of
Portfolio:

Maximum Par Value
per Issuer:

Credit Quality and
Requirements:

U.S. Treasury
Bills, Notes and
Bonds
5 Years 100 percent N/A
Explicit Full Faith and Credit
Guarantee of United States
Government
Federal Agency
Obligations
5 Years 60 percent
35% per agency
Implied Guarantee of the United
States Government
Bankers’
Acceptances
(BA’s)
180 Days 20 percent 5% per issuer
Domestic banks only - deemed
eligible for purchase by the
Federal Reserve Bank
Certificates of
Deposit or Time
Deposits*
(CD’s)
5 Years 30 percent 5% per issuer
Senior debt only from top 15
percent of peer group rated
banks, savings & loans and credit
unions. Defined by Section 5102
of the Financial Code.

Negotiable
Certificates of
Deposit
5 Years 30 percent $250,000
Brokered CD’s insured by FDIC
for a maximum of $250,000 per
issuer.

Local Agency
Investment Fund
(LAIF)
N/A 100 percent $75,000,000
(per entity)
Treasurer will review investment
policies and practices to
determine if consistent with the
Policy
Commercial Paper 270 Days 20 percent 5% of portfolio
Highest letter and number rating
as provided for by a nationally
recognized statistical-rating
organization (NRSRO)
Money Market
Mutual Funds N/A 210 percent
10% per fund
(SEC Registered)
($1.00 NAV)
Highest rating from NRSRO.

Must also comply with Govt.

Code 53601(l) and 53601.6 (b)
and the weighted average to
maturity is less than 180 days.

Repurchase
Agreements* 92 Days 20 percent 20%
Signed security loan agreement
on file. Underlying securities
maintained at 102% of original
value. Reverse repurchase
agreements are specifically not
authorized under the Policy.

Supranational
Securities 5 Years 20 percent 10 % per issuer
United States dollar
denominated senior
unsecured unsubordinated
obligations issued or
unconditionally guaranteed
by the International Bank
for Reconstruction and
Development,
International Finance
86 City of Aliso Viejo 2023-242-23 Investment Policy Page 8

Corporation, or Inter-
American Development
Bank; rated AA or better
by two NRSROs.

Medium Term
Corporate Notes

5 Years

30 percent

Investment Type: Standard & Poor’s Moody’s

87 City of Aliso Viejo 2023-242-23 Investment Policy Page 9

Collateralization
Collateral for Certificates of Deposit (CD) and Negotiated Certificates of Deposit (NCD) must comply with Government Code, Chapter 4, Bank Deposit Law Section 16500 et seq. and the Savings and Loan and Credit Union Deposit Law Government Code Section 16600 et seq.

In addition, if the CD is not FDIC insured or goes over the FDIC $250,000 limit, collateral is required equal to 100 percent of principal.

Collateral for Repurchase Agreements shall be 102 percent of market value of principal and accrued interest. Collateral can be either US Treasury securities or Federal Agency securities.

This will provide an addition level of security due to inevitable changes in market conditions.

Money Market Mutual Funds
Money market mutual funds provide another safe, liquid, and diversified investment option for the City’s surplus capital. However, certain conditions need to be met both initially and on an ongoing basis. The money market may only invest in US Government securities permitted under this policy and under California Government Code Section 53601 et seq. with final stated maturities of one year or less “Government Money Market Funds.” In order to be an eligible money market investment under this section, the primary objective of the money market, as stated in the funds’ prospectus, is to maintain a constant $1.00 Net Asset Value (NAV). The following additional guidelines include, but are not limited to:
 The money market only invests in US Government securities, and the weighted average maturity of the portfolio is less than 180 days. 88 City of Aliso Viejo 2023-242-23 Investment Policy Page 10

 The fund shall be registered with the SEC.
 The money market shall have attained the highest ranking or the highest letter and numerical rating provided by not less than two nationally recognized statistical rating organizations and shall maintain these ratings for the duration of the investment.

It is also important to note that specific investments, detailed under the “Authorized and Suitable Investments” section, may be restricted to a shorter maturity.

The weighted average life of the portfolio may not exceed three (3) years in duration.

At a minimum, 15 percent of the portfolio shall remain liquid, accessible on demand by the City without restriction or penalty.

The investment portfolio shall be structured for liquidity purposes; therefore, 40 percent of the portfolio shall mature within 365-days.

The financial entities eligible to transact investment business with the City are:

I. Federal Reserve Bank:

II. Nationally or State Chartered Banks, Savings and Loans, and Credit Unions:

The City may purchase investments offered from Banks, Savings and Loans, and Credit 89 City of Aliso Viejo 2023-242-23 Investment Policy Page 11

Unions provided the institutions are:
 Nationally or State Chartered Institutions.
 Registered as investment securities dealers.
 Ranked in the top 15 percent of institutions within their respective peer group.  The signatures of two individuals shall be required for the opening and closing of any bank account (the Treasurer, City Manager, Mayor, or Mayor Pro Tem).

III. Broker/Dealers:

If the City is managing the investments internally, Tthe City will purchase investments from primary dealers whenever possible. However, if an investment deemed appropriate for the portfolio is not available through the primary market, then the Treasurer may use an authorized broker/dealer from the pre-approved list of broker/dealers on record.

Diversification Guidelines and Risks
The City recognizes diversification is an investment strategy that will mitigate risk in the investment portfolio. The City’s investment portfolio shall be diversified to avoid incurring unreasonable and avoidable risks with regard to specific investment types. Within investment types, the City shall also maintain a mix of securities to avoid concentrations within individual financial institutions, geographic areas, industry types, and maturities. 90 City of Aliso Viejo 2023-242-23 Investment Policy Page 12

The City will only invest in fixed rate, fixed maturity securities and, with the exception of U.S.