Agenda packet — Bell City Council, March 23, 2022 (part 1 of 2)

Agenda

Regular Meeting of the

Bell City Council/Bell Community Housing Authority/Successor Agency to the Bell Community Redevelopment Agency/ Bell Public Finance Authority

Wednesday, March 23, 2022

5:00 P.M. CLOSED SESSION
7:00 P.M. OPEN SESSION

BELL COMMUNITY CENTER
6250 PINE AVENUE, BELL CA 90201

Alicia Romero
Mayor

Ana Maria Quintana Monica Arroyo
Vice-Mayor Council Member

Fidencio J. Gallardo A li Saleh Council Member Council Member

Welcome to the City Council Meeting

The Bell City Council and staff welcome you. This is your City Government.

Individual participation is a basic part of American Democracy and all Bell residents are encouraged to attend meetings of the City Council. Regular City Council meetings are held the second and fourth Wednesday of the m onth at 7:00 p.m., Bell Co mmunity Center , 6 250 Pine Avenue. For more information, you may call City Hall during regular business hours 8:00 a.m. to 4:00 p.m., Monday through Friday at (323) 588-6211 Extension 2615.

City Council Organization

There are five City Council members, one of whom serves as Mayor and is the presiding officer of the City Council. These are your elected representatives who act as a Board of Directors for the City of Bell. City Council members are like you, concerned residents of the community who provide guidance in the operation of your City.

Addressing the City Council

If you wish to speak to the City Council on any item which is listed or not listed on the City Council Agenda, please complete a Request to Speak Card available in the back of the City Council Chambers. Please submit the completed card to the City Clerk p rior to the meeting. The Mayor will call you to the microphone at the appropriate time if you have filled out a Request to Speak Card. At that time, approach the podium and please clearly state your name and address, and proceed to make your comments.

Compliance with Americans with Disabilities Act

The City of Bell, in complying with the Americans with Disabilities Act (ADA), request individuals who require special accommodation(s) to access, attend, and or participate in a City meeting due to disability. Please contact the City Clerk’s Office, (323) 588 -6211, Ext. 2615 , at least one business day prior to the scheduled meeting to ensure that we may assist you.

Statement Regarding Compensation for Members of the Bell City Council

Compensation for the members of the Bell City Council is $673 a month. In accordance with Government Code Section 54952.3, Councilmembers will not receive any additional compensation or stipend for the convening of the following regular meetings: Successor Agency to the Bell Community Redevelopment Agency, the Bell Community Housing Authority, the Bell Public Finance Authority, the Bell Surplus Property Authority, and the Bell Solid Waste Authority.

Meeting of the
Bell City Council and Related Agencies
March 23, 2022

REGULAR JOINT MEETING OF THE

Bell City Council/Bell Community Housing Authority/Successor Agency to the Bell Community Redevelopment Agency/Bell Public Finance Authority

March 23, 2022

5:00 P.M. Closed Session
7:00 P.M. Regular Meeting

Call to Order

Roll Call of the City Council in their capacities as Councilmembers/Members of all Related Agencies: Arroyo, Gallardo, Saleh, Quintana and Romero

Communications from the Public on Closed Session Items

This is the time for members of the public to address the City Council and related Authorities and Agencies only on items that are listed under Closed Session.

Closed Session

The City Council and the related Authorities and Agencies will recess to closed session to confer with legal counsel regarding the following matters:

a) CONFERENCE WITH LABOR NEGOTIATORS- Government Code Section 54957.6, Agency designated representatives: Sergio Ibarra (Human Resources & Risk Manager), Carlos Islas (Acting City Manager), Colin Tanner (Contract Deputy City Attorney) and Dave Aleshire (City Attorney)
Employee Organization: All Unpresented Employees and at-will Management Group

b) Potential Initiation of litigation pursuant Government Code Section 54956.9(d)(4): One Case

MEETING WILL BE HELD IN-PERSON AT THE BELL COMMUNITY CENTER

PUBLIC COMMENT: If you wish to make a comment on items listed on the agenda, you may attend the meeting in- person at Bell Community Center. Please complete a Request to Speak Card available in the location and wait until the mayor call s you to approach the podium. Please clearly state your name and address and proceed to make your comments .

You may also submit input electronically through a temporary public comment email established for City of Bell City Council meetings at [email protected]. Your written comment must be submitted by 4pm on Wednesday, March 23, 2022. Any emails received after the time indicated will not be included in the record. Written Comments will be subject to the three minute time limitation (approximately 350 words).

The meeting will be recorded and live streamed on the City’s website at http://www.cityofbell.org/?NavID=101

Meeting of the
Bell City Council and Related Agencies
March 23, 2022
Reconvene Regular City Council Meeting

Roll Call of the City Council in their capacities as Councilmembers/Members of all Related Agencies: Arroyo, Gallardo, Saleh, Quintana and Romero

Pledge of Allegiance

City Attorney Report

The City Attorney will report out on any action(s) to be taken by the City Council/Agencies on Closed Session matters.

Presentations and Recognitions

None

Communications from the Public

This is the time members of the public may address the City Council and related Authorities and Agencies on items that are on the agenda and on non- agenda items that are under the subject matter jurisdiction of City Council and/or its related authorities and agencies. (Each speaker is limited to three minutes)

Mayor and City Council Communications

Pursuant to Assembly Bill 1234, this is the time and place to provide a brief report on meetings, seminars and conferences attended by the Mayor and City Councilmembers.

City Manager Report

In this portion of the agenda, the City Manager will provide a brief report on items of interest to the City Council and/or the community.

Business Session

1. Consideration to approve a new Agreement with Chandler Asset Management for Investment Advisory Services for three (3) years, with two (2) one- year extensions. (City Council)

Recommendation: It is recommended that the City Council approve a new Agreement with Chandler Asset Management for Investment Advisory Services for three (3) years, with two (2) one-year extensions.

2. Appointment of a Permanent City Manager – Michael L. Antwine, II. (City Council)

Recommendation: It is recommended that the City Council:

1. Approve the appointment of Michael L. Antwine, II as City Manager with a start date of April 25, 2022; and

2. Approve the employment contract with Michael L. Antwine, II at annual salary of $205,000 plus benefits.

Meeting of the
Bell City Council and Related Agencies
March 23, 2022

3. Updates to the Salary Resolution, and Classified Represented Employee Classification Resolution, of already approved employee position. (City Council)

Recommendation: It is recommended that the City Council read by title only, waive further reading and adopt Resolution 2022-21 titled:

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

BELL, IDENTIFYING EMPLOYEE CLASSIFICATIONS,

COMPENSATION LEVELS, AND SALARY RANGES, AND
RESCINDING RESOLUTION NO. 2022-13

4. Proposed Spending Plan for American Rescue Plan Act Relief Funds. (City Council)

Recommendation: It is recommended that the City Council read by title only, waive further reading and adopt Resolution 2022-22 titled:

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

BELL AUTHORIZING THE PROPOSED SPENDING PLAN FOR
AMERICAN RESCUE PLAN ACT OF 2021 RELIEVE FUNDS

Consent Calendar

The following Consent Calendar items are expected to be routine and non- controversial. They are acted upon by the City Council and related authorities at one time without discussion. The reading of the full text of ordinances and resolutions will be waived unless a Councilmember requests otherwise.

Recommendation: Approve agenda items 5 and 6.

5. City of Bell and Bell Successor Agency Investment Reports as of February, 2022. (City Council/ Successor Agency to the Bell Community Redevelopment Agency)

6. General Warrants, Successor Agency to the Bell Community Redevelopment Agency and Community Housing Authority Warrants dated March 23, 2022. (Council/Successor Agency to the Bell Community Redevelopment Agency/Bell Community Housing Authority).

Pending Items – None

Next Regular Meeting, Wednesday, April 13, 2022

I, Angela Bustamante, City Clerk of the City of Bell, certify that a true, accurate copy of the foregoing agenda was posted on March 17, 2022 at least seventy-two (72) hours prior to the meeting as required by law.

________________________________
Angela Bustamante, City Clerk

REGULAR MEETING OF THE

BELL CITY COUNCIL AND RELATED AGENCIES

March 23, 2022

5:00 P.M. Closed Session
7:00 P.M. Regular Session

INDEX

Agenda Category Item Number Page Numbers

CLOSED SESSION a - b

AGENDA & INDEX 1-6

PUBLIC HEARING(s) None

BUSINESS SESSION 1 7-72
2 73-105
3 106-116
4 117-122

CONSENT CALENDAR 5 123-209
6 210-285

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01135.0007/772606.1 1
CONTRA

CT SERVICES AGREEMENT
By and Between

CITY OF BELL
and
CHANDLER ASSET MANAGEMENT, INC.

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01135.0007/772606.1
AGREE

MENT FOR CONTRACT SERVICES

BETWEEN THE CITY OF BELL AND
CHANDLER ASSET MANAGEMENT, INC.

THIS AGREEMENT FOR CONTRACT SERVICES (herein “Agreement”) is made and entered into this ____ day of April, 2022 by and between the CITY OF BELL , a California charter city (“City”) and CHANDLER ASSET MANAGEMENT , INC., a California corporation (“Consultant”). City and Consultant may be referred to, individually or collectively, as “Party” or “Parties.”

RECITALS
A. City has sought, by issuance of a Request for Proposals or Invitation for Bids, the performance of the services defined and described particularly in Article 1 of this Agreement.

B. Consultant, following submission of a proposal or bid for the performance of the services defined and described particularly in Article I of this Agreement, was selected by the City to perform those services.

C. Pursuant to the City of Bell Municipal Code, City has authority to enter into and execute this Agreement.

D. The Parties desire to formalize the selection of Consultant for performance of those services defined and described particularly in Article 1 of this Agreement and desire that the terms of that performance be as particularly defined and described herein.

OPERATIVE PROVISIONS
NOW, THEREFORE, in consideration of the mutual promises and covenants made by the Parties and contained herein and other consideration, the value and adequacy of which are hereby acknowledged, the parties agree as follows:

ARTICLE 1. SERVICES OF CONSULTANT

1.1 Scope of Services.

In compliance with all terms and conditions of this Agreement, the Consultant shall provide those services specified in the “Scope of Services” attached hereto as Exhibit “A” and incorporated herein by this reference, which may be referred to herein as the “services” or “work” hereunder. As a material inducement to the City entering into this Agreement, Consultant represents and warrants that it has the qualifications, experience, and facilities necessary to properly perform the services required under this Agreement in a thorough, competent, and professional manner, and is experienced in performing the work and services contemplated herein. Consultant shall at all times faithfully, competently and to the best of its ability, experience and talent, perform all services described herein. Consultant covenants that it shall follow the highest professional standards in performing the work and services required hereunder and that all materials will be both of good quality as well as fit for the purpose intended. For

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purposes of this Agreement, the phrase “highest professional standards” shall mean those standards of practice recognized by one or more first-class firms performing similar work under similar circumstances.

1.2 Consultant’s Proposal.

The Scope of Services shall include the Consultant’s scope of work or bid which shall be incorporated herein by this reference as though fully set forth herein. In the event of any inconsistency between the terms of such proposal and this Agreement, the terms of this Agreement shall govern.

1.3 Compliance with Law.

Consultant shall keep itself informed concerning, and shall render all services hereunder in accordance with, all ordinances, resolutions, statutes, rules, and regulations of the City and any Federal, State or local governmental entity having jurisdiction in effect at the time service is rendered.

1.4 Licenses, Permits, Fees and Assessments.

Consultant shall obtain at its sole cost and expense such licenses, permits and approvals as may be required by law for the performance of the services required by this Agreement.

Consultant shall have the sole obligation to pay for any fees, assessments and taxes, plus applicable penalties and interest, which may be imposed by law and arise from or are necessary for the Consultant’s performance of the services required by this Agreement, and shall indemnify, defend and hold harmless City, its officers, employees or agents of City, against any such fees, assessments, taxes, penalties or interest levied, assessed or imposed against City hereunder.

1.5 Familiarity with Work.

By executing this Agreement, Consultant warrants that Consultant (i) has thoroughly investigated and considered the scope of services to be performed, (ii) has carefully considered how the services should be performed, and (iii) fully understands the facilities, difficulties and restrictions attending performance of the services under this Agreement. If the services involve work upon any site, Consultant warrants that Consultant has or will investigate the site and is or will be fully acquainted with the conditions there existing, prior to commencement of services hereunder. Should the Consultant discover any latent or unknown conditions, which will materially affect the performance of the services hereunder, Consultant shall immediately inform the City of such fact and shall not proceed except at Consultant’s risk until written instructions are received from the Contract Officer.

1.6 Care of Work.

The Consultant shall adopt reasonable methods during the life of the Agreement to furnish continuous protection to the work, and the equipment, materials, papers, documents, plans, studies and/or other components thereof to prevent losses or damages, and shall be

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responsible for all such damages, to persons or property, until acceptance of the work by City, except such losses or damages as may be caused by City’s own negligence.

1.7 Further Responsibilities of Parties.

Both parties agree to use reasonable care and diligence to perform their respective obligations under this Agreement. Both parties agree to act in good faith to execute all instruments, prepare all documents and take all actions as may be reasonably necessary to carry out the purposes of this Agreement. Unless hereafter specified, neither party shall be responsible for the service of the other.

1.8 Additional Services.

City shall have the right at any time during the performance of the services, without invalidating this Agreement, to order extra work beyond that specified in the Scope of Services or make changes by altering, adding to or deducting from said work. No such extra work may be undertaken unless a written order is first given by the Contract Officer to the Consultant, incorporating therein any adjustment in (i) the Contract Sum for the actual costs of the extra work, and/or (ii) the time to perform this Agreement, which said adjustments are subject to the written approval of the Consultant. Any increase in compensation of up to ten percent (10%) of the Contract Sum or $25,000, whichever is less; or, in the time to perform of up to one hundred eighty (180) days, may be approved by the Contract Officer. Any greater increases, taken either separately or cumulatively, must be approved by the City Council. It is expressly understood by Consultant that the provisions of this Section shall not apply to services specifically set forth in the Scope of Services. Consultant hereby acknowledges that it accepts the risk that the services to be provided pursuant to the Scope of Services may be more costly or time consuming than Consultant anticipates and that Consultant shall not be entitled to additional compensation therefor. City may in its sole and absolute discretion have similar work done by other Consultants. No claims for an increase in the Contract Sum or time for performance shall be valid unless the procedures established in this Section are followed.

1.9 Special Requirements.

Additional terms and conditions of this Agreement, if any, which are made a part hereof are set forth in the “Special Requirements” attached hereto as Exhibit “B” and incorporated herein by this reference. In the event of a conflict between the provisions of Exhibit “B” and any other provisions of this Agreement, the provisions of Exhibit “B” shall govern.

ARTICLE 2. COMPENSATION AND METHOD OF PAYMENT.

2.1 Contract Sum.

Subject to any limitations set forth in this Agreement, City agrees to pay Consultant the amounts specified in the “Schedule of Compensation” attached hereto as Exhibit “C” and incorporated herein by this reference. The total compensation, including reimbursement for actual expenses, shall not exceed Fifty Thousand Dollars ($50,000) (the “Contract Sum”), unless additional compensation is approved pursuant to Section 1.8.

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2.2 Method of Compensation.

The method of compensation may include: (i) a lump sum payment upon completion; (ii) payment in accordance with specified tasks or the percentage of completion of the services, less contract retention; (iii) payment for time and materials based upon the Consultant’s rates as specified in the Schedule of Compensation, provided that (a) time estimates are provided for the performance of sub tasks, (b) contract retention is maintained, and (c) the Contract Sum is not exceeded; or (iv) such other methods as may be specified in the Schedule of Compensation.

2.3 Reimbursable Expenses.

Compensation may include reimbursement for actual and necessary expenditures for reproduction costs, telephone expenses, and travel expenses approved by the Contract Officer in advance, or actual subcontractor expenses of an approved subcontractor pursuant to Section 4.5, and only if specified in the Schedule of Compensation. The Contract Sum shall include the attendance of Consultant at all project meetings reasonably deemed n ecessary by the City.

Coordination of the performance of the work with City is a critical component of the services. If Consultant is required to attend additional meetings to facilitate such coordination, Consultant shall not be entitled to any additional compensation for attending said meetings.

2.4 Invoices.

Each month Consultant shall furnish to City an original invoice for all work performed and expenses incurred during the preceding month in a form approved by City’s Director of Finance. By submitting an invoice for payment under this Agreement, Consultant is certifying compliance with all provisions of the Agreement. The invoice shall contain all information specified in Exhibit “C”, and shall detail charges for all necessary and actual expenses by the following categories: labor (by sub-category), travel, materials, equipment, supplies, and sub- contractor contracts. Sub-contractor charges shall also be detailed by such categories. Consultant shall not invoice City for any duplicate services performed by more than one person.

City shall independently review each invoice submitted by the Consultant to determine whether the work performed and expenses incurred are in compliance with the provisions of this Agreement. Except as to any charges for work performed or expenses incurred by Consultant which are disputed by City, or as provided in Section 7.3, City will use its best efforts to cause Consultant to be paid within forty-five (45) days of receipt of Consultant’s correct and undisputed invoice; however, Consultant acknowledges and agrees that due to City warrant run procedures, the City cannot guarantee that payment will occur within this time period. In the event any charges or expenses are disputed by City, the original invoice shall be returned by City to Consultant for correction and resubmission. Review and payment by City for any invoice provided by the Consultant shall not constitute a waiver of any rights or remedies provided herein or any applicable law.

2.5 Waiver.

Payment to Consultant for work performed pursuant to this Agreement shall not be deemed to waive any defects in work performed by Consultant.

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ARTICLE 3. PERFORMANCE SCHEDULE

3.1 Time of Essence.

Time is of the essence in the performance of this Agreement.

3.2 Schedule of Performance.

Consultant shall commence the services pursuant to this Agreement upon receipt of a written notice to proceed and shall perform all services within the time period(s) established in the “Schedule of Performance” attached hereto as Exhibit “D” and incorporated herein by this reference. When requested by the Consultant, extensions to the time period(s) specified in the Schedule of Performance may be approved in writing by the Contract Officer but not exceeding one hundred eighty (180) days cumulatively.

3.3 Force Majeure.

The time period(s) specified in the Schedule of Performance for performance of the services rendered pursuant to this Agreement shall be extended because of any delays due to unforeseeable causes beyond the control and without the fault or negligence of the Consultant, including, but not restricted to, acts of God or of the public enemy, unusually severe weather, fires, earthquakes, floods, epidemics, quarantine restrictions, riots, strikes, freight embargoes, wars, litigation, and/or acts of any governmental agency, including the City, if the Consultant shall within ten (10) days of the commencement of such delay notify the Contract Officer in writing of the causes of the delay. The Contract Officer shall ascertain the facts and the extent of delay, and extend the time for performing the services for the period of the enforced delay when and if in the judgment of the Contract Officer such delay is justified. The Contract Officer’s determination shall be final and conclusive upon the parties to this Agreement. In no event shall Consultant be entitled to recover damages against the City for any delay in the performance of this Agreement, however caused, Consultant’s sole remedy being extension of the Agreement pursuant to this Section.

3.4 Term.

Unless earlier terminated in accordance with Article 7 of this Agreement, this Agreement shall continue in full force and effect until completion of the services but not exceeding three (3) years from the date hereof, except as otherwise provided in the Schedule of Performance (Exhibit “D”). The City may, in its sole discretion, extend the Term for two (2) additional one- year terms.

ARTICLE 4. COORDINATION OF WORK

4.1 Representatives and Personnel of Consultant.

The following principals of Consultant (“Principals”) are hereby designated as being the principals and representatives of Consultant authorized to act in its behalf with respect to the work specified herein and make all decisions in connection therewith:

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Martin Cassell CEO
(Name) (Title)

Nicole Dragoo Secretary
(Name) (Title)
It is expressly understood that the experience, knowledge, capability and reputation of the foregoing principals were a substantial inducement for City to enter into this Agreement.

Therefore, the foregoing principals shall be responsible during the term of this Agreement for directing all activities of Consultant and devoting sufficient time to personally supervise the services hereunder. All personnel of Consultant, and any authorized agents, shall at all times be under the exclusive direction and control of the Principals. For purposes of this Agreement, the foregoing Principals may not be replaced nor may their responsibilities be substantially reduced by Consultant without the express written approval of City. Additionally, Consultant shall utilize only competent personnel to perform services pursuant to this Agreement. Consultant shall make every reasonable effort to maintain the stability and continuity of Consultant’s staff and subcontractors, if any, assigned to perform the services required under this Agreement.

Consultant shall notify City of any changes in Consultant’s staff and subcontractors, if any, assigned to perform the services required under this Agreement, prior to and during any such performance.

4.2 Status of Consultant.

Consultant shall have no authority to bind City in any manner, or to incur any obligation, debt or liability of any kind on behalf of or against City, whether by contract or otherwise, unless such authority is expressly conferred under this Agreement or is otherwise expressly conferred in writing by City. Consultant shall not at any time or in any manner represent that Consultant or any of Consultant’s officers, employees, or agents are in any manner officials, officers, employees or agents of City. Neither Consultant, nor any of Consultant’s officers, employees or agents, shall obtain any rights to retirement, health care or any other benefits which may otherwise accrue to City’s employees. Consultant expressly waives any claim Consultant may have to any such rights.

4.3 Contract Officer.

The Contract Officer shall be the City’s Director of Finance such person as may be designated by the City Manager. It shall be the Consultant’s responsibility to assure that the Contract Officer is kept informed of the progress of the performance of the services and the Consultant shall refer any decisions which must be made by City to the Contract Officer. Unless otherwise specified herein, any approval of City required hereunder shall mean the approval of the Contract Officer. The Contract Officer shall have authority, if specified in writing by the City Manager, to sign all documents on behalf of the City required hereunder to carry out the terms of this Agreement.

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4.4 Independent Consultant.

Neither the City nor any of its employees shall have any control over the manner, mode or means by which Consultant, its agents or employees, perform the services required herein, except as otherwise set forth herein. City shall have no voice in the selection, discharge, supervision or control of Consultant’s employees, servants, representatives or agents, or in fixing their number, compensation or hours of service. Consultant shall perform all services required herein as an independent contractor of City and shall remain at all times as to City a wholly independent contractor with only such obligations as are consistent with that role. Consultant shall not at any time or in any manner represent that it or any of its agents or employees are agents or employees of City. City shall not in any way or for any purpose become or be deemed to be a partner of Consultant in its business or otherwise or a joint venturer or a member of any joint enterprise with Consultant.

4.5 Prohibition Against Subcontracting or Assignment.

The experience, knowledge, capability and reputation of Consultant, its principals and employees were a substantial inducement for the City to enter into this Agreement. Therefore, Consultant shall not contract with any other entity to perform in whole or in part the services required hereunder without the express written approval of the City. In addition, neither this Agreement nor any interest herein may be transferred, assigned, conveyed, hypothecated or encumbered voluntarily or by operation of law, whether for the benefit of creditors or otherwise, without the prior written approval of City. Transfers restricted hereunder shall include the transfer to any person or group of persons acting in concert of more than twenty five percent (25%) of the present ownership and/or control of Consultant, taking all transfers into account on a cumulative basis. In the event of any such unapproved transfer, including any bankruptcy proceeding, this Agreement shall be void. No approved transfer shall release the Consultant or any surety of Consultant of any liability hereunder without the express consent of City.

ARTICLE 5. INSURANCE AND INDEMNIFICATION

5.1 Insurance Coverages.

Without limiting Consultant’s indemnification of City, and prior to commencement of any services under this Agreement, Consultant shall obtain, provide and maintain at its own expense during the term of this Agreement, policies of insurance of the type and amounts described below and in a form satisfactory to City.
(a) General liability insurance. Consultant shall maintain commercial general liability insurance with coverage at least as broad as Insurance Services Office form CG 00 01, in an amount not less than $2,000,000 per occurrence, $4,000,000 general aggregate, for bodily injury, personal injury, and property damage. The policy must include contractual liability that has not been amended. Any endorsement restricting standard ISO “insured contract” language will not be accepted.
(b) Automobile liability insurance. Consultant shall maintain automobile insurance at least as broad as Insurance Services Office form CA 00 01 covering bodily injury

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and property damage for all activities of the Consultant arising out of or in connection with Services to be performed under this Agreement, including coverage for any owned, hired, non- owned or rented vehicles, in an amount not less than $1,000,000 combined single limit for each accident.
(c) Professional liability (errors & omissions) insurance. Consultant shall maintain professional liability insurance that covers the Services to be performed in connection with this Agreement, in the minimum amount of $1,000,000 per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this Agreement and Consultant agrees to maintain continuous coverage through a period no less than three (3) years after completion of the services required by this Agreement. (d) Workers’ compensation insurance. Consultant shall maintain Workers’ Compensation Insurance (Statutory Limits) and Employer’s Liability Insurance (with limits of at least $1,000,000).
(e) Subcontractors. Consultant shall include all subcontractors as insureds under its policies or shall furnish separate certificates and certified endorsements for each subcontractor. All coverages for subcontractors shall include all of the requirements stated herein.
(f) Additional Insurance. Policies of such other insurance, as may be required in the Special Requirements in Exhibit “B”.

5.2 General Insurance Requirements.
(a) Proof of insurance. Consultant shall provide certificates of insurance to City as evidence of the insurance coverage required herein, along with a waiver of subrogation endorsement for workers’ compensation. Insurance certificates and endorsements must be approved by City’s Risk Manager prior to commencement of performance. Current certification of insurance shall be kept on file with City at all times during the term of this Agreement. City reserves the right to require complete, certified copies of all required insurance policies, at any time.
(b) Duration of coverage. Consultant shall procure and maintain for the duration of this Agreement insurance against claims for injuries to persons or damages to property, which may arise from or in connection with the performance of the Services hereunder by Consultant, its agents, representatives, employees or subconsultants. (c) Primary/noncontributing. Coverage provided by Consultant shall be primary and any insurance or self-insurance procured or maintained by City shall not be required to contribute with it. The limits of insurance required herein may be satisfied by a combination of primary and umbrella or excess insurance. Any umbrella or excess insurance shall contain or be endorsed to contain a provision that such coverage shall also apply on a primary and non- contributory basis for the benefit of City before the City’s own insurance or self-insurance shall be called upon to protect it as a named insured.

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(d) City’s rights of enforcement. In the event any policy of insurance required under this Agreement does not comply with these specifications or is canceled and not replaced, City has the right but not the duty to obtain the insurance it deems necessary and any premium paid by City will be promptly reimbursed by Consultant or City will withhold amounts sufficient to pay premium from Consultant payments. In the alternative, City may cancel this Agreement. (e) Acceptable insurers. All insurance policies shall be issued by an insurance company currently authorized by the Insurance Commissioner to transact business of insurance or that is on the List of Approved Surplus Line Insurers in the State of California, with an assigned policyholders’ Rating of A- (or higher) and Financial Size Category Class VI (or larger) in accordance with the latest edition of Best’s Key Rating Guide, unless otherwise approved by the City’s Risk Manager.
(f) Waiver of subrogation. All insurance coverage maintained or procured pursuant to this agreement shall be endorsed to waive subrogation against City, its elected or appointed officers, agents, officials, employees and volunteers or shall specifically allow Consultant or others providing insurance evidence in compliance with these specifications to waive their right of recovery prior to a loss. Consultant hereby waives its own right of recovery against City, and shall require similar written express waivers and insurance clauses from each of its subconsultants.
(g) Enforcement of contract provisions (non-estoppel). Consultant acknowledges and agrees that any actual or alleged failure on the part of the City to inform Consultant of non-compliance with any requirement imposes no additional obligations on the City nor does it waive any rights hereunder.
(h) Requirements not limiting. Requirements of specific coverage features or limits contained in this section are not intended as a limitation on coverage, limits or other requirements, or a waiver of any coverage normally provided by any insurance. Specific reference to a given coverage feature is for purposes of clarification only as it pertains to a given issue and is not intended by any party or insured to be all inclusive, or to the exclusion of other coverage, or a waiver of any type. If the Consultant maintains higher limits than the minimums shown above, the City requires and shall be en titled to coverage for the higher limits mai ntained by the Consultant. Any available insurance proceeds in excess of the specified minimum limits of insurance and coverage shall be available to the City. (i) Notice of cancellation. Consultant agrees to oblige its insurance agent or broker and insurers to provide to City with a thirty (30) day notice of cancellation (except for nonpayment for which a ten (10) day notice is required) or nonrenewal of coverage for each required coverage.
(j) Additional insured status. General liability policies shall provide or be endorsed to provide that City and its officers, officials, employees, and agents, and volunteers shall be additional insureds under such policies. This provision shall also apply to any excess/umbrella liability policies.

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(k) Prohibition of undisclosed coverage limitations. None of the coverages required herein will be in compliance with these requirements if they include any limiting endorsement of any kind that has not been first submitted to City and approved of in writing. (l) Separation of insureds. A severability of interests provision must apply for all additional insureds ensuring that Consultant’s insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the insurer’s limits of liability. The policy(ies) shall not contain any cross-liability exclusions. (m) Pass through clause. Consultant agrees to ensure that its subconsultants, subcontractors, and any other party involved with the project who is brought onto or involved in the project by Consultant, provide the same minimum insurance coverage and endorsements required of Consultant. Consultant agrees to monitor and review all such coverage and assumes all responsibility for ensuring that such coverage is provided in conformity with the requirements of this section. Consultant agrees that upon request, all agreements with consultants, subcontractors, and others engaged in the project will be submitted to City for review. (n) Agency’s right to revise specifications. The City reserves the right at any time during the term of the contract to change the amounts and types of insurance required by giving the Consultant ninety (90) days advance written notice of such change. If such change results in substantial additional cost to the Consultant, the City and Consultant may renegotiate Consultant’s compensation.
(o) Self-insured retentions. Any self-insured retentions must be declared to and approved by City. City reserves the right to require that self-insured retentions be eliminated, lowered, or replaced by a deductible. Self-insurance will not be considered to comply with these specifications unless approved by City.
(p) Timely notice of claims. Consultant shall give City prompt and timely notice of claims made or suits instituted that arise out of or result from Consultant’s performance under this Agreement, and that involve or may involve coverage under any of the required liability policies.
(q) Additional insurance. Consultant shall also procure and maintain, at its own cost and expense, any additional kinds of insurance, which in its own judgment may be necessary for its proper protection and prosecution of the work.

5.3 Indemnification.

To the full extent permitted by law, Consultant agrees to indemnify, defend and hold harmless the City, its officers, employees and agents (“Indemnified Parties”) against, and will hold and save them and each of them harmless fr om, any and all actions, either judicial, administrative, arbitration or regulatory claims, damages to persons or property, losses, costs, penalties, obligations, errors, omissions or liabilities whether actual or threatened (herein “claims or liabilities”) that may be asserted or claimed by any person, firm or entity arising out of or in connection with the negligent performance of the work, operations or activities provided herein of Consultant, its officers, employees, agents, subcontractors, or invitees, or any individual or

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entity for which Consultant is legally liable (“indemnitors”), or arising from Consultant’s or indemnitors’ reckless or willful misconduct, or arising from Consultant’s or indemnitors’ negligent performance of or failure to perform any term, provision, covenant or condition of this Agreement, and in connection therewith:
(a) Consultant will defend any action or actions filed in connection with any of said claims or liabilities and will pay all costs and expenses, including legal costs and attorneys’ fees incurred in connection therewith;
(b) Consultant will promptly pay any judgment rendered against the City, its officers, agents or employees for any such claims or liabilities arising out of or in connection with the negligent performance of or failure to perform such work, operations or activities of Consultant hereunder; and Consultant agrees to save and hold the City, its officers, agents, and employees harmless therefrom;
(c) In the event the City, its officers, agents or employees is made a party to any action or proceeding filed or prosecuted against Consultant for such damages or other claims arising out of or in connection with the negligent performance of or failure to perform the work, operation or activities of Consultant hereunder, Consultant agrees to pay to the City, its officers, agents or employees, any and all costs and expenses incurred by the City, its officers, agents or employees in such action or proceeding, including but not limited to, legal costs and attorneys’ fees.

Consultant shall incorporate similar indemnity agreements with its subcontractors and if it fails to do so Consultant shall be fully responsible to indemnify City hereunder therefore, and failure of City to monitor compliance with these provisions shall not be a waiver hereof. This indemnification includes claims or liabilities arising from any negligent or wrongful act, error or omission, or reckless or willful misconduct of Consultant in the performance of professional services hereunder. The provisions of this Section do not apply to claims or liabilities occurring as a result of City’s sole negligence or willful acts or omissions, but, to the fullest extent permitted by law, shall apply to claims and liabilities resulting in part from City’s negligence, except that design professionals’ indemnity hereunder shall be limited to claims and liabilities arising out of the negligence, recklessness or willful misconduct of the design professional. The indemnity obligation shall be binding on successors and assigns of Consultant and shall survive termination of this Agreement.

ARTICLE 6. RECORDS, REPORTS, AND RELEASE OF INFORMATION

6.1 Records.

Consultant shall keep, and require subcontractors to keep, such ledgers, books of accounts, invoices, vouchers, canceled checks, reports, studies or other documents relating to the disbursements charged to City and services performed hereunder (the “books and records”), as shall be necessary to perform the services required by this Agreement and enable the Contract Officer to evaluate the performance of such services. Any and all such documents shall be maintained in accordance with generally accepted accounting principles and shall be complete and detailed. The Contract Officer shall have full and free access to such books and records at all times during normal business hours of City, including the right to inspect, copy, audit and make

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records and transcripts from such records. Such records shall be maintained for a period of three (3) years following completion of the services hereunder, and the City shall have access to such records in the event any audit is required. In the event of dissolution of Consultant’s business, custody of the books and records may be given to City, and access shall be provided by Consultant’s successor in interest. Notwithstanding the above, the Consultant shall fully cooperate with the City in providing access to the books and records if a public records request is made and disclosure is required by law including but not limited to the California Public Records Act.

6.2 Reports.

Consultant shall periodically prepare and submit to the Contract Officer such reports concerning the performance of the services required by this Agreement as the Contract Officer shall require. Consultant hereby acknowledges that the City is greatly concerned about the cost of work and services to be performed pursuant to this Agreement. For this reason, Consultant agrees that if Consultant becomes aware of any facts, circumstances, techniques, or events that may or will materially increase or decrease the cost of the work or services contemplated herein or, if Consultant is providing design services, the cost of the project being designed, Consultant shall promptly notify the Contract Officer of said fact, circumstance, technique or event and the estimated increased or decreased cost related thereto and, if Consultant is providing design services, the estimated increased or decreased cost estimate for the project being designed.

6.3 Ownership of Documents.

All drawings, specifications, maps, designs, photographs, studies, surveys, data, notes, computer files, reports, records, documents and other materials (the “documents and materials”) prepared by Consultant, its employees, subcontractors and agents in the performance of this Agreement shall be the property of City and shall be delivered to City upon request of the Contract Officer or upon the termination of this Agreement, and Consultant shall have no claim for further employment or additional compensation as a result of the exercise by City of its full rights of ownership use, reuse, or assignment of the documents and materials hereunder. Any use, reuse or assignment of such completed documents for other projects and/or use of uncompleted documents without specific written authorization by the Consultant will be at the City’s sole risk and without liability to Consultant, and Consultant’s guarantee and warranties shall not extend to such use, reuse or assignment. Consultant may retain copies of such documents for its own use. Consultant shall have the right to use the concepts embodied therein.

All subcontractors shall provide for assignment to City of any documents or materials prepared by them, and in the event Consultant fails to secure such assignment, Consultant shall indemnify City for all damages resulting therefrom. Moreover, Consultant with respect to any documents and materials that may qualify as “works made for hire” as defined in 17 U.S.C. § 101, such documents and materials are hereby deemed “works made for hire” for the City.

6.4 Confidentiality and Release of Information.
(a) All information gained or work product produced by Consultant in performance of this Agreement shall be considered confidential, unless such information is in the public domain or already known to Consultant. Consultant shall not release or disclose any such

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information or work product to persons or ent ities other than City without prior written authorization from the Contract Officer.
(b) Consultant, its officers, employees, agents or subcontractors, shall not, without prior written authorization from the Contract Officer or unless requested by the City Attorney, voluntarily provide documents, declarations, letters of support, testimony at depositions, response to interrogatories or other information concerning the work performed under this Agreement. Response to a subpoena or court order shall not be considered “voluntary” provided Consultant gives City notice of such court order or subpoena. (c) If Consultant, or any officer, employee, agent or subcontractor of Consultant, provides any information or work product in violation of this Agreement, then City shall have the right to reimbursement and indemnity from Consultant for any damages, costs and fees, including attorney’s fees, caused by or incurred as a result of Consultant’s conduct. (d) Consultant shall promptly notify City should Consultant, its officers, employees, agents or subcontractors be served with any summons, complaint, subpoena, notice of deposition, request for documents, interrogatories, request for admissions or other discovery request, court order or subpoena from any party regarding this Agreement and the work performed there under. City retains the right, but has no obligation, to represent Consultant or be present at any deposition, hearing or similar proceeding. Consultant agrees to cooperate fully with City and to provide City with the opportunity to review any response to discovery requests provided by Consultant. However, this right to review any such response does not imply or mean the right by City to control, direct, or rewrite said response.

ARTICLE 7. ENFORCEMENT OF AGREEMENT AND TERMINATION

7.1 California Law.

This Agreement shall be interpreted, construed and governed both as to validity and to performance of the parties in accordance with the laws of the State of California. Legal actions concerning any dispute, claim or matter arising out of or in relation to this Agreement shall be instituted in the Superior Court of the County of Los Angeles, State of California, or any other appropriate court in such county, and Consultant covenants and agrees to submit to the personal jurisdiction of such court in the event of such action. In the event of litigation in a U.S. District Court, venue shall lie exclusively in the Central District of California, in the County of Los Angeles, State of California.

7.2 Disputes; Default.

In the event that Consultant is in default under the terms of this Agreement, the City shall not have any obligation or duty to continue compensating Consultant for any work performed after the date of default. Instead, the City may give notice to Consultant of the default and the reasons for the default. The notice shall include the timeframe in which Consultant may cure the default. This timeframe is presumptively thirty (30) days, but may be extended, though not reduced, if circumstances warrant. During the period of time that Consultant is in default, the City shall hold all invoices and shall, when the default is cured, pro ceed with payment on the

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invoices. In the alternative, the City may, in its sole discretion, elect to pay some or all of the outstanding invoices during the period of default. If Consultant does not cure the default, the City may take necessary steps to terminate this Agreement under this Article. Any failure on the part of the City to give notice of the Consultant’s default shall not be deemed to result in a waiver of the City’s legal rights or any rights arising out of any provision of this Agreement.

7.3 Retention of Funds.

Consultant hereby authorizes City to deduct from any amount payable to Consultant (whether or not arising out of this Agreement) (i) any amounts the payment of which may be in dispute hereunder or which are necessary to compensate City for any losses, costs, liabilities, or damages suffered by City, and (ii) all amounts for which City may be liable to third parties, by reason of Consultant’s acts or omissions in performing or failing to perform Consultant’s obligation under this Agreement. In the event that any claim is made by a third party, the amount or validity of which is disputed by Consultant, or any indebtedness shall exist which shall appear to be the basis for a claim of lien, City may withhold from any payment due, without liability for interest because of such withholding, an amount sufficient to cover such claim. The failure of City to exercise such right to deduct or to withhold shall not, however, affect the obligations of the Consultant to insure, indemnify, and protect City as elsewhere provided herein.

7.4 Waiver.

Waiver by any party to this Agreement of any term, condition, or covenant of this Agreement shall not constitute a waiver of any other term, condition, or covenant. Waiver by any party of any breach of the provisions of this Agreement shall not constitute a waiver of any other provision or a waiver of any subsequent breach or violation of any provision of this Agreement.

Acceptance by City of any work or services by Consultant shall not constitute a waiver of any of the provisions of this Agreement. No delay or omission in the exercise of any right or remedy by a non-defaulting party on any default shall impair such right or remedy or be construed as a waiver. Any waiver by either party of any default must be in writing and shall not be a waiver of any other default concerning the same or any other provision of this Agreement.

7.5 Rights and Remedies are Cumulative.

Except with respect to rights and remedies expressly declared to be exclusive in this Agreement, the rights and remedies of the parties are cumulative and the exercise by either party of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the other party.

7.6 Legal Action.

In addition to any other rights or remedies, either party may take legal action, in law or in equity, to cure, correct or remedy any default, to recover damages for any default, to compel specific performance of this Agreement, to obtain declaratory or injunctive relief, or to obtain any other remedy consistent with the purposes of this Agreement. Notwithstanding any contrary

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provision herein, Consultant shall file a statutory claim pursuant to Government Code Sections 905 et seq. and 910 et seq., in order to pursue a legal action under this Agreement.

7.7 Termination Prior to Expiration of Term.

This Section shall govern any termination of this Contract except as specifically provided in the following Section for termination for cause. The City reserves the right to terminate this Contract at any time, with or without cause, upon thirty (30) days’ written notice to Consultant, except that where termination is due to the fault of the Consultant, the period of notice may be such shorter time as may be determined by the Contract Officer. In addition, the Consultant reserves the right to terminate this Contract at any time, with or without cause, upon sixty (60) days’ written notice to City, except that where termination is due to the fault of the City, the period of notice may be such shorter time as the Consultant may determine. Upon receipt of any notice of termination, Consultant shall immediately cease all services hereunder except such as may be specifically approved by the Contract Officer. Except where the Consultant has initiated termination, the Consultant shall be entitled to compensation for all services rendered prior to the effective date of the notice of termination and for any services authorized by the Contract Officer thereafter in accordance with the Schedule of Compensation or such as may be approved by the Contract Officer, except as provided in Section 7.3. In the event the Consultant has initiated termination, the Consultant shall be entitled to compensation only for the reasonable value of the work product actually produced hereunder. In the event of termination without cause pursuant to this Section, the terminating party need not provide the non-terminating party with the opportunity to cure pursuant to Section 7.2.

7.8 Termination for Default of Consultant.

If termination is due to the failure of the Consultant to fulfill its obligations under this Agreement, City may, after compliance with the provisions of Section 7.2, take over the work and prosecute the same to completion by contract or otherwise, and the Consultant shall be liable to the extent that the total cost for completion of the services required hereunder exceeds the compensation herein stipulated (provided that the City shall use reasonable efforts to mitigate such damages), and City may withhold any payments to the Consultant for the purpose of set-off or partial payment of the amounts owed the City as previously stated.

7.9 Attorneys’ Fees.

If either party to this Agreement is required to initiate or defend or made a party to any action or proceeding in any way connected with this Agreement, the prevailing party in such action or proceeding, in addition to any other relief which may be granted, whether legal or equitable, shall be entitled to reasonable attorney’s fees. Attorney’s fees shall include attorney’s fees on any appeal, and in addition a party entitled to attorney’s fees shall be entitled to all other reasonable costs for investigating such action, taking depositions and discovery and all other necessary costs the court allows which are incurred in such litigation. All such fees shall be deemed to have accrued on commencement of such action and shall be enforceable whether or not such action is prosecuted to judgment.

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ARTICLE 8. CITY OFFICERS AND EMPLOYEES: NON-DISCRIMINATION

8.1 Non-liability of City Officers and Employees.

No officer or employee of the City shall be personally liable to the Consultant, or any successor in interest, in the event of any default or breach by the City or for any amount which may become due to the Consultant or to its successor, or for breach of any obligation of the terms of this Agreement.

8.2 Conflict of Interest.

Consultant covenants that neither it, nor any officer or principal of its firm, has or shall acquire any interest, directly or indirectly, which would conflict in any manner with the interests of City or which would in any way hinder Consultant’s performance of services under this Agreement. Consultant further covenants that in the performance of this Agreement, no person having any such interest shall be employed by it as an officer, employee, agent or subcontractor without the express written consent of the Contract Officer. Consultant agrees to at all times avoid conflicts of interest or the appearance of any conflicts of interest with the interests of City in the performance of this Agreement.

No officer or employee of the City shall have any financial interest, direct or indirect, in this Agreement nor shall any such officer or employee participate in any decision relating to the Agreement which affects her/his financial interest or the financial interest of any corporation, partnership or association in which (s)he is, directly or indirectly, interested, in violation of any State statute or regulation. The Consultant warrants that it has not paid or given and will not pay or give any third party any money or other consideration for obtaining this Agreement.

8.3 Covenant Against Discrimination.

Consultant covenants that, by and for itself, its heirs, executors, assigns, and all persons claiming under or through them, that there shall be no discrimination against or segregation of, any person or group of persons on account of race, color, creed, religion, sex, gender, sexual orientation, marital status, national origin, ancestry or other protected class in the performance of this Agreement. Consultant shall take affirmative action to insure that applicants are employed and that employees are treated during employment without regard to their r ace, color, creed, religion, sex, gender, sexual orientation, marital status, national origin, ancestry or other protected class.

8.4 Unauthorized Aliens.

Consultant hereby promises and agrees to comply with all of the provisions of the Federal Immigration and Nationality Act, 8 U.S.C. § 1101 et seq. , as amended, and in connection therewith, shall not employ unauthorized aliens as defined therein. Should Consultant so employ such unauthorized aliens for the performance of work and/or services covered by this Agreement, and should any liability or sanctions be imposed against City for such use of unauthorized aliens, Consultant hereby agrees to and shall reimburse City for the cost of all such

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liabilities or sanctions imposed, together with any and all costs, including attorneys’ fees, incurred by City.

ARTICLE 9. MISCELLANEOUS PROVISIONS

9.1 Notices.

Any notice, demand, request, document, consent, approval, or communication either party desires or is required to give to the other party or any other person shall be in writing and either served personally or sent by prepaid, first-class mail, in the case of the City, to the City Manager and to the attention of the Contract Officer (with her/his name and City title), City of Bell, 6330 Pine Avenue, Bell, California 90201 and in the case of the Consultant, to the person(s) at the address designated on the execution page of this Agreement. Either party may change its address by notifying the other party of the change of address in writing. Notice shall be deemed communicated at the time personally delivered or in seventy-two (72) hours from the time of mailing if mailed as provided in this Section.

9.2 Interpretation.

The terms of this Agreement shall be construed in accordance with the meaning of the language used and shall not be construed for or against either party by reason of the authorship of this Agreement or any other rule of construction which might otherwise apply.

9.3 Counterparts.

This Agreement may be executed in counterparts, each of which shall be deemed to be an original, and such counterparts shall constitute one and the same instrument.

9.4 Integration; Amendment.

This Agreement including the attachments hereto is the entire, complete and exclusive expression of the understanding of the parties. It is understood that there are no oral agreements between the parties hereto affecting this Agreement and this Agreement supersedes and cancels any and all previous negotiations, arrangements, agreements and understandings, if any, between the parties, and none shall be used to interpret this Agreement. No amendment to or modification of this Agreement shall be valid unless made in writing and approved by the Consultant and by the City Council. The parties agree that this requirement for written modifications cannot be waived and that any attempted waiver shall be void.

9.5 Severability.

In the event that any one or more of the phrases, sentences, clauses, paragraphs, or sections contained in this Agreement shall be declared invalid or unenforceable by a valid judgment or decree of a court of competent jurisdiction, such invalidity or unenforceability shall not affect any of the remaining phrases, sentences, clauses, paragraphs, or sections of this Agreement which are hereby declared as severable and shall be interpreted to carry out the intent

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of the parties hereunder unless the invalid provision is so material that its invalidity deprives either party of the basic benefit of their bargain or renders this Agreement meaningless.

9.6 Warranty & Representation of Non-Collusion.

No official, officer, or employee of City has any financial interest, direct or indirect, in this Agreement, nor shall any official, officer, or employee of City participate in any decision relating to this Agreement which may affect his/her financial interest or the financial interest of any corporation, partnership, or association in which (s)he is directly or indirectly interested, or in violation of any corporation, partnership, or association in which (s)he is directly or indirectly interested, or in violation of any State or municipal statute or regulation. The determination of “financial interest” shall be consistent with State law and shall not include interests found to be “remote” or “noninterests” pursuant to Government Code Sections 1091 or 1091.5. Consultant warrants and represents that it has not paid or given, and will not pay or give, to any third party including, but not limited to, any City official, officer, or employee, any money, consideration, or other thing of value as a result or consequence of obtaining or being awarded any agreement.

Consultant further warrants and represents that (s)he/it has not engaged in any act(s), omission(s), or other conduct or collusion that would result in the payment of any money, consideration, or other thing of value to any third party including, but not limited to, any City official, officer, or employee, as a result of consequence of obtaining or being awarded any agreement. Consultant is aware of and understands that any such act(s), omission(s) or other conduct resulting in such payment of money, consideration, or other thing of value will render this Agreement void and of no force or effect.

Consultant’s Authorized Initials _______

9.7 Corporate Authority.

The persons executing this Agreement on behalf of the parties hereto warrant that (i) such party is duly organized and existing, (ii) they are duly authorized to execute and deliver this Agreement on behalf of said party, (iii) by so executing this Agreement, such party is formally bound to the provisions of this Agreement, and (iv) that entering into this Agreement does not violate any provision of any other Agreement to which said party is bound. This Agreement shall be binding upon the heirs, executors, administrators, successors and assigns of the parties. [SIGNATURES ON FOLLOWING PAGE]

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IN WITNESS WHEREOF , the parties hereto have executed this Agreement on the date and year first-above written.

CITY:

CITY OF BELL, a charter city
Alicia Romero, Mayor
ATTEST:

Angela Bustamante, City Clerk
APPROVED AS TO FORM:

ALESHIRE & WYNDER, LLP
David J. Aleshire, City Attorney
CONSULTANT:

CHANDLER ASSET MANGEMENT, INC.

By:

Name: Martin Cassell, CFA
Title: CEO
By:

Name: Nicole Dragoo
Title: Secretary
Address: 6225 Lusk Blvd.

San Diego, CA 92121
Two corporate officer signatures required when Consultant is a corporation, with one signature required from each of the following groups: 1) Chairman of the Board, President or any Vice President; and 2) Secretary, any Assistant Secretary, Chief Financial Officer or any Assistant Treasurer. CONSULTANT’S

SIGNATURES SHALL BE DULY NOTARIZED, AND APPROPRIATE ATTESTATIONS SHALL BE

INCLUDED AS MAY BE REQUIRED BY THE BYLAWS, ARTICLES OF INCORPORATION, OR OTHER RULES OR REGULATIONS APPLICABLE TO CONSULTANT’S BUSINESS ENTITY.

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01135.0007/772606.1

CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT

STATE OF CALIFORNIA

COUNTY OF LOS ANGELES
On __________, 2022 before me, ________________, personally appeared ________________, proved to me on the basis of satisfactory evidence to be the person(s) whose names(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

Signature: _____________________________________

OPTIONAL
Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form

CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT

INDIVIDUAL

CORPORATE OFFICER
_______________________________

TITLE(S)

PARTNER(S) LIMITED

GENERAL

ATTORNEY-IN-FACT

TRUSTEE(S)

GUARDIAN/CONSERVATOR
OTHER_______________________________
______________________________________
SIGNER IS REPRESENTING:
(NAME OF PERSON(S) OR ENTITY(IES))
_____________________________________________
_____________________________________________

___________________________________

TITLE OR TYPE OF DOCUMENT
___________________________________

NUMBER OF PAGES
___________________________________

DATE OF DOCUMENT
___________________________________

SIGNER(S) OTHER THAN NAMED ABOVE

A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy or validity of that document.

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01135.0007/772606.1

CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT

STATE OF CALIFORNIA

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

Signature: _____________________________________

OPTIONAL
Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form.

CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT

INDIVIDUAL

CORPORATE OFFICER
_______________________________

TITLE(S)

PARTNER(S) LIMITED

GENERAL

ATTORNEY-IN-FACT

TRUSTEE(S)

___________________________________

TITLE OR TYPE OF DOCUMENT
___________________________________

NUMBER OF PAGES
___________________________________

DATE OF DOCUMENT
___________________________________

SIGNER(S) OTHER THAN NAMED ABOVE

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01135.0007/772606.1 A-1
EXHIBIT “A”

SCOPE OF SERVICES
I. Consultant shall manage the City’s Investment Portfolio and provide related consulting services to the City (“Services”). As used in this Agreement, “Investment Portfolio” shall refer to the portion of the City’s assets which the City’s Director of Finance, in his or her discretion, places with a custodian bank (“Custodian”) chosen by the City and authorizes the Consultant to manage pursuant to this Agreement.

The Services include, but are not limited to, the following:

A. Managing the Investment Portfolio in compliance with the City’s Investment Policy, as it shall be amended from time to time, and all applicable laws and regulations. Managing shall include developing and implementing a portfolio structure approved by the City, and reviewing and revising the portfolio structure as needed.

B. Consulting related to the Investment Portfolio, including but not limited to:
a. Developing and recommending appropriate performance benchmarks; b. Providing analyses and recommendations related to the Investment Portfolio’s assets, structure, and performance, such as maturity of assets, risk and return, credit, and cash flow and forecasting. c. Reporting requirements and compliance with applicable laws and regulations.

C. Reviewing and making recommendations for the development of the City’s Investment Policy and program.

D. Voting Proxies. Consultant will vote proxies on behalf of the City unless otherwise instructed. Within a reasonable amount of time prior to any vote, Consultant shall provide notice to the City’s Director of Finance as to how the Consultant intends to vote proxies on the City’s behalf. Consultant has adopted and implemented written policies and procedures and will provide the City with a description of the proxy voting procedures upon request. Consultant will provide information regarding how the City’s proxies were voted upon request. To request proxy policies or other information, the City may contact Consultant by mail at the address provided, by calling 800-317-4747 or by emailing the request to [email protected].

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II. As part of the Services, Consultant will prepare and deliver the following tangible work products to the City:

A. Monthly and quarterly investment reports detailing at a minimum the Investment Portfolio’s accounting, performance relative to the benchmarks selected by the City, and compliance with the Investment Policy and approved portfolio structure.

B. GASB (Governmental Accounting Standards Board) reports prior to the end of each fiscal year.

C. Six month and annual review reports as set forth in Section VI of this Exhibit A.

III. Investment Policy. In performing the Services, Consultant shall comply with the City’s Investment Policy, as it shall be amended from time to time. The Investment Policy in effect as of the date of this Agreement is attached hereto as Exhibit 1 and is incorporated as though set forth in full herein.

IV. Authority of Consultant. Consultant is hereby granted full discretion to invest and reinvest all assets under its management in any type of security it deems appropriate, subject to the instructions given or guidelines set by the City, the City’s Investment Policy, and the approved portfolio structure.

V. Meetings with the City. Consultant shall attend, at a minimum, in-person meetings quarterly with the City’s Contract Officer to review the investment program and performance.

VI. Review by the City. Consultant shall participate in six month and annual reviews by the City. At each review, the Consultant shall prepare and submit a report tracking fees against returns and comparing fees and returns with past history of the asset management.

VII. Custody of Securities and Funds. Consultant shall not have custody or possession of the funds or securities that the City has placed under its management. The City shall appoint a Custodian to take and have possession of its assets. The City recognizes the importance of comparing statements received from the appointed Custodian to statements received from Consultant. The City recognizes that the fees expressed below in Exhibit “C” do not include fees the City will incur for custodial services.

VIII. Valuation. Consultant will value securities held in portfolios managed by Consultant no less than monthly. Securities or investments in the portfolio will be valued in a manner determined in good faith by Consultant to reflect fair market value. All valuations shall be provided to the City in the monthly statements set forth above in Section II of this Exhibit A.

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IX. Payment of Commissions. Consultant may place buy and sell orders with or through such brokers or dealers as it may select. It is the policy and practice of Consultant to strive for the best price and execution and for commission and discounts which are competitive in relation to the value of the transaction and which comply with Section 28(e) of the Securities and Exchange Act. Nevertheless, it is understood that Consultant may pay a commission on transactions in excess of the amount another broker or dealer may charge, and that Chandler makes no warranty or representation regarding commissions paid on transactions hereunder.

X. Other Clients. It is further understood that Consultant may be acting in a similar capacity for other institutional and individual clients, and that investments and reinvestments for the City’s Investment Portfolio may differ from those made or recommended with respect to other accounts and clients.

XI. Confidential Relationship. The terms and conditions of this Agreement, and all information and advice furnished by either party to the other shall be treated as confidential and shall not be disclosed to third parties except (i) as required by law, rule, or regulation, (ii) as requested by a regulatory authority, (iii) for disclosures by either party of information that has become public by means other than wrongful conduct by such party or its officers, employees, or other personnel, (iv) for disclosures by either party to its legal counsel, accountants, or other professional advisers, (v) as necessary for Consultant to carry out its responsibilities hereunder, or (vi) as otherwise expressly agreed by the parties.

XII. Receipt of Brochure and Privacy Policy. The City has received the disclosure statement or ’’brochure" and “brochure supplement” also known as Part 2A and Part 2B of Form ADV, required to be delivered pursuant to Rule 204-3 of the Investment Advisers Act of 1940 (Brochure). The City has received a copy of Consultant’s Privacy Policy.

XIII. All work product is subject to review and acceptance by the City, and must be revised by the Consultant without additional charge to the City until found satisfactory and accepted by the City.

XIV. Consultant will utilize the following personnel to accomplish the Services:

A. Martin Cassell, CEO

B. Nicole Dragoo, Secretary

C. Don Penner, EVP Client Service and Business Development

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01135.0007/772606.1 B-1
EXHIBIT “B”

SPECIAL REQUIREMENTS
(Superseding Contract Boilerplate)

Section 2.4, “Invoices,” shall be deleted in its entirety.

Section 9.1, “Notices,” is hereby amended and shall now read as follows:

Any notice, demand, request, document, consent, approval, or communication either party desires or is required to give to the other party or any other person shall be in writing and either served personally or sent by prepaid, first-class mail, in the case of the City, to the City Manager and to the attention of the Contract Officer (with her/his name and City title), City of Bell, 6330 Pine Avenue, Bell, CA 90201 and in the case of the Consultant, to the person(s) at the address designated on the execution to Chandler Asset Management, attn: Operations Dept., 6225 Lusk Boulevard, San Diego, CA 92121. Either party may change its address by notifying the other party of the change of address in writing. Notice shall be deemed communicated at the time personally delivered or in seventy-two (72) hours from the time of mailing if mailed as provided in this Section.

Electronic Delivery. From time to time, Consultant may be required to deliver certain documents to the City regarding the City’s investments, such as account information, investment notices and required investment disclosures. The City hereby consents to Consultant’s use of electronic means, such as email, to deliver these investment related materials. This delivery may include notification of the availability of such document(s) on a website, and the City agrees that such notification will constitute “delivery.” Other than the documents referenced in this paragraph, “Electronic Delivery,” delivery of all other information shall conform to the first paragraph of this section. The City further agrees to provide the Consultant with the City’s email address(s) and to keep this information current at all times by promptly notifying the Consultant of any change in email address(s).

City’s email address(s): [email protected], [email protected]

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01135.0007/772606.1 C-1
EXHIBIT “C”

SCHEDULE OF COMPENSATION
I. The compensation for the Services (“Compensation”) shall be paid monthly by the City. Said monthly Compensation shall be the higher amount between subsections A and B below:

A. The average market value of the Investment Portfolio, including accrued ’ interest, in accordance with the following schedule:

Assets Under Management Investment Management Fee
First $25 million 0.10 of 1% (10 basis points)
Next $25 million 0.08 of 1% (8 basis points)
Assets in excess of $50 million 0.07 of 1% (7 basis points) B. The minimum monthly fee is One Thousand Dollars and No Cents ($1,000.00).

II. The Compensation set forth in Section I above is all-inclusive for the Services, as well as meetings, personal visits, and educational offerings to City staff, irrespective of the number of hours incurred in the performance of said Services by Consultant.

III. The Compensation set forth in Section I above does not include any custody fees that may be charged by the City’s bank or other third party custodian.

IV. The Compensation set forth in Section I above shall be prorated to the effective date of termination of this Agreement on the basis of actual days elapsed, and any unearned portion of prepaid fees shall be refunded. City is not required to pay any start up or closing fees; there are no penalty fees.

V. The Compensation set forth in Section I above shall be deducted monthly in arrears from City’s custody account subject to prior written notice to the Contract Officer.

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01135.0007/772606.1 D-1
EXHIBIT “D”

SCHEDULE OF PERFORMANCE
I. Consultant shall perform all Services during the term of this Agreement which shall not exceed three (3) years from the date of this Agreement (“Term”).

II. The City may, in its sole and unfettered discretion, extend the Term of this Agreement without change to the compensation formula up to two (2) times, each time for a period of one (1) year.

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01135.0004/773650.2

CITY OF BELL

EMPLOYMENT AGREEMENT
For the Position of

CITY MANAGER
(also referred to as CHIEF ADMINISTRATIVE OFFICER)

This EMPLOYMENT AGREEMENT (“Agreement”) is entered into this _____ day of March, 2022 by and between the CITY OF BELL (“City”), a Cal ifornia charter city and municipal corporation, and Michael L. Antwine II (“Employee”), an individual.

R E C I T A L S
WHEREAS, it is the desire of the City Council of the City of Bell (hereinafter the "City Council") to employ an individual to serve in t he position of Chief Administrative Officer (“CAO”) which may also be referred to and known interchangeably also as the City Manager (“City Manager”) for the City of Bell , California, which position is prescribed by state law and the City's Charter and Municipal Code; and
WHEREAS, California Government Code Section 34852 provides that an ordinance establishing a city manager form of government shall define the powers and duties of the city manager; and
WHEREAS, the duties of the office of CAO/ City Manager are defined in Section 604 of the City’s Charter and Bell Municipal Code Section 2.08.030; and WHEREAS, it is the desire of the City Council to (i) secure and retain the services of Employee after having conducted a competitive selection process, (ii) have Em ployee perform all of the regular functions of the CAO/ City Manager pursuant to the City’s Charter and the codes and regulations of City, and (iii) to provide inducement to Employee to maintain such employment; and
WHEREAS, Employee has the required leve l of education, experience, skills and expertise to serve as the CAO/City Manager of the City; and WHEREAS, Employee desires to perform and assume responsibility for the provision of CAO/City Manager services to the City; and
WHEREAS, the Parties wish to e stablish the terms and conditions of Employee’s provision of CAO/City Manager professional services to the City through this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants contained herein, including the Recitals which are made a part hereof, City and Employee hereby agree as follows:

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A G R E E M E N T

1.0 EMPLOYMENT & DUTIES

1.1 Duties. City hereby employs Employee as City Manager for the City to perform the functions and duties of that position, as described in the City Charter Section 604 and Municipal Code Chapter 2.08, and to perform such other duties and functions as the City Council shall from time to time assign . Employee further agrees to perform all such functions and duties to the best of his ability and in an efficient, competent, and ethical manner.

1.2 Laws Affecting Title. Pursuant to the City’s Charter, the City Manager is referred to as the “Chief Administrative Officer” (“CAO”). The office of City Manager is also referred to as the CAO under the City of Bell Municipal Co de. For purposes of this Agreement, the terms City Manager and CAO shall have the same meaning . Accordingly, E mployee s hall have the same powers, rights and responsibilities as a Chief Executive Officer, City Administrator and/or City Manager as those terms are used in local, state or federal laws, except as otherwise provided by the City’s Charter or any ordinance or regulation of City not preempted by State or federal law.

1.3 Duties & Authority.
(a) Chief Executive Officer . Employee shall be the chief executive officer o f the City and be responsible to the City Council for the proper administration of all affairs of the City.
(b) Duties at Law . Employee shall perform all of the duties of the CAO and City Manager as set forth in the City’s Charter and Municipal Code, the Cali fornia Government Code, and City policies and procedures approved by the City Council, as may be provided from time to time.
(c) City-Related Entities. The City Council may also designate Employee as the chief executive of other City -related legal entities. Su ch other legal entities could include housing authority, financing authorities, and joint powers authorities. (d) Administer Policies of Council . Employee shall administer and enforce policies established by the City Council and promulgate rules and regulations a s necessary to implement City Council policies.
(e) Powers. To accomplish this, Employee shall have the power and shall be required to:
(1) Attend all meetings of the City Council, unless excused by the Mayor, and take part in the discussion of all matters bef ore the City Council. Employee shall receive notice of all regular and special meetings of the City Council.
(2) Appoint, and may promote, demote, suspend or remove, all department heads, officers and employees of the City except elective officers and those depa rtment heads, officers and

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employees the power of whose appointment is vested by this Charter in the City Council. The City Manager may authorize the head of any department or office to appoint or remove subordinates in such department or office. In case of the appointment or removal of any department head, the City Manager shall first review such appointment or removal with the City Council and obtain its approval.
(3) Direct the work of all appointive City officers and departments that are the concern and responsibility of the City Council, except those that are directly appointed by or report directly to the City Council.

Employee may undertake any study or investigation Employee believes is necessary or desirable and shall make any study or investigation the City Council directs. Employee shall endeavor to implement changes that Employee believes will result in greater efficiency, economy, or improved public service in the
administration of City affairs.
(4) Prepare the budget, submit it to the City Council, and be responsible for its administration after its adoption . Prepare and submit to the City Council as of the end of each fiscal year, a complete report on the finances and administrative activities to the City for the preceding fiscal year . Keep the City C ouncil advised of the financial condition and future needs of the City and make such recommendations as may seem desirable.
(5) Establish a centralized purchasing system for all City offices, departments and agencies. Prepare rules and regulations governing the c ontracting for purchasing, inspection, storing, inventory, distribution and disposal of all supplies, material and equipment required by ordinance, and administer and enforce the same after adoption.
(6) Recommend to the City Council from time to time, ado ption of such measures as Employee may deem necessary or expedient for the health, safety, or welfare of the community or for the improvement of administrative services.
(7) Conduct research in administrative practices in order to bring about greater efficiency and economy in City government, and develop and recommend to the City Council long- range plans to improve City operations and prepare for future City growth and development.
(8) Exercise control of all administrative offices and departments of the City and of all appointive officers and employees except those directly appointed by the City Council and prescribe such general

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rules and regulations as deemed necessary or proper for the general conduct of the administrative offices and departments of the City under jurisdiction of the City Manager.
(9) Exercise control of City government in emergencies as authorized by the Municipal Code and California law.
(10) See that the laws of the State pertaining to the City, the provisions of the City Charter and the ordinances, fr anchises and rights of the City are enforced.
(f) Other Duties . The City Council, in consultation with Employee, shall establish any such other terms and conditions of employment as it may determine from time to time.

1.4 Work Schedule
. It is recognized that the City Manager is expected to engage in the hours of work that are necessary to fulfill the obligations of the position, must be available at all times, and must devote a great deal of time outside the normal office hours to the business of the CITY. Employee acknowledges that proper performance of the duties of City Manager will require Employee to generally observe normal business hours (currently 8:00 a.m. to 5:00 p.m ., Monday through Friday, including a standard one hour lunch period), as set by the City and as may be duly revis ed from time -to-time by the City , and will also often require the performance of necessary services outside of normal business hours . Employee ’s compensation (whether salary or benefits) is not based on hours worked. Furthermore, t he C ity Manager position remains an “exempt” classification under the overtime provisions of the federal Fair Labor Standards Act (“FLSA”) and Employee shall not be entitled to any compensation for overtime nor subject to such overtime provisions of the FLSA.

1.5 Other Activities.
(a) Limited Outside Activity . Employee shall focus his or her professional time, ability, and attention to City business during the term of this Agreement . Employee shall not spend significant time in teaching, counseling, or other non -employer connected business activities without prior approval of the City Council.
(b) No Interference with City Duties . Employee shall not engage, without the express prior written consent of the City Council, in any other business duties or pursuits whatsoever or, directly or indirectly, render any services of a business, commercial, or professional nature to any other person or organization, whether for compensation or otherwise, that is or may be competitive with the City, that might cause a conflict- of-interest with the City, or that otherwise might interfere with the business or operation of the City or the satisfactory performance of Employee’s duties as City Manager.

1.6 Employment Status . Employee shall serve at the will and pleasure of the City Council under this Agreement and understands he is an "at -will" employee serving at the pleasure of City Council and subject to termination by the City at any time, as set forth in Section 4.3 below.

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1.7 Exclusion from Civil Service System . Employee understands, acknowledges and agrees that Employee is exempt from the City’s Civil Service System. The exclusion of the City Manager from the City’s Civil Service System was most recently confirmed by City of Bell Resolution No. 2020-65.

1.8 City Documents . All data, studie s, r eports, and other documents prepared by Employee while performing his duties during the term of this Agreement shall be furnished to and become the property of the City, without restriction or limitation on their use . All ideas, memoranda, specificatio ns, plans, procedures, drawings, descriptions, computer program data, input record data, written information, and other materials either created by or provided to Employee in connection with the performance of this Agreement shall be held confidential by Employee to the extent permitted by applicable law . Such materials shall not, without the prior written consent of the City Council, be used by Employee for any purposes other than the performance of his duties . Nor shall such materials be disclosed to any pe rson or entity not connected with the performance of services under this Agreement, except as required by law.

1.9 FLSA Exempt Status . Employee agrees that his position is that of an exempt employee for the purposes of the FLSA.

1.10 Appointment Contingent Upon Su ccessful Completion of Pre -Employment Screening. Employee’s continued appointment to the position of City Manager shall be contingent upon Employee successfully passing the City’s pre-employment screening process, including a background examination, Livescan, reference check, and medical examination. In the event that Employee does not successfully complete any of the pre -employment screening measures, then this Agreement shall be null and void in its entirety with no severance payment owing.

2.0 ROLE OF CITY COUNCIL

2.1 Policies. The City Council sets policy for the governance and administration of the City, and it implements its policies through the City Manager . The City Council will work with Employee and staff on setting goals and priorities for the City gover nment, and to work on issues that may inhibit the achievement of City goals . Employee shall maintain active communications with all Councilmembers making sure they are informed and shall work equally with all Councilmembers.

2.2 Power to Appoint/Remove. The power of Employee to appoint or remove officers or employees of City under the supervision and control of Employee is subject to the provisions of Section 604(a) of the Charter providing that the appointment or removal of any Department Head must first be r eviewed with and approved by the City Council , as restated in Section

1.3(e)(2).

3.0 COMPENSATION AND REIMBURSEMENT

3.1 Compensation. For the services rendered pursuant to this Agreement, Employee shall be compensated Two Hundred Five Thousand Dollars ($205,000) annually (“Salary”), which shall be paid on a pro- rated basis bi -weekly at the same time as other employees of City

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are paid . Such Salary shall be adjusted for payroll taxes, workers’ compensation, and other payroll-related liability costs.

3.2 Cost of Livi ng I ncrease. City agrees to provide a cost of living adjustment in Employee’s base salary equal to and at the same time as other Department Heads of the City . In the event other Department Heads do not receive a uniform increase, the increase provided shal l be equal to the average amount of the increase received by Department Heads (on a percentage basis). This increase will not include merit increases received by Department Heads, but only cost of living increases. Any increase may be deferred pursuant to Section 3.3.

3.3 Annual Salary Review . The City Council and Employee agree to conduct an annual salary review concurrently with the annual performance evaluation set forth in Section

6.2. Following the annual performance review, the City may increase Employee’s salary. Any action to approve an increase must be approved by a majority vote of the Council at a public meeting. The City Council and/or Employee reserve the right to defer or refuse any or all part of any base salary adjustment if either party determi nes that the fiscal state of the City warrants such action.

3.4 Automobile Allowance . Employee’s duties require the extensive use of an automobile in the normal course of business . Employee will receive an automobile allowance of Five Hundred Dollars ($500.00) monthly to be paid when the other Department Heads receive their automobile allowances . Employee shall be responsible for the full cost of all automobile maintenance, operation, insurance and repair costs.

3.5 Cell Phone Allowance . Employee shall maintain a mobi le phone for immediate communications with Councilmembers and staff and shall be given a monthly allowance of One Hundred Fifty Dollars ( $150) for reimbursement for the cost of the phone and monthly charges .

City shall not be liable for any expenses beyond the allowance.

3.6 Bonding. City shall bear the full cost of any fidelity or other bonds required of Employee under any law or ordinance.

4.0 TERM

4.1 Commencement & Effective Date. Employee shall commence his services hereunder on April 25, 2022 at 8:00 a.m. Pa cific Daylight Time, or such other date/time upon which Employee and City Council may mutually agree . In the event Employee commences services on a date other than April 25, 2022, such date shall be deemed the effective date of this AGREEMENT (“Effective Date”).

4.2 Term. The term of this Agreement will be for three (3) years following the effective date specified at Section 4.1 and, thereafter, this Agreement may be extended for such additional term as the City Council and Employee deem appropriate, as evidenc ed by a writing signed by both parties . City agrees that in the last year of the Agreement, the annual evaluation will be performed at least six (6) months prior to the expiration of the term, and the Agreement may be extended for one or more years at that time. If at the end of the term of this Agreement the City does not wish to extend the term, the City shall provide Employee thirty (3 0) days advance written notice of its intent to not extent the term of this Agreement.

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4.3 Termination by City Council or Em ployee. The nature of Employee’s employment is that he is an at- will employee with no property right in his employment, and is subject to termination without cause, and without notice or hearing. Accordingly, the City Council may terminate this Agreement a t any time with or without cause and without prior notice or hearing. Employee may terminate this Agreement at any time after three (3) years following commencement of services, with or without cause , upon at least thirty (30) days’ written notice before t he effective date of termination of the Agreement, unless a shorter period is acceptable to the City.

4.4 Definition of Cause. For the purposes of this Agreement, “cause” for termination shall include, but not be limited to, the following: (i) breach of this A greement, (ii) willful or persistent material breach of duties, (iii) résumé fraud or other acts of material dishonesty, (iv) unauthorized absence or leave, (v) conviction of a misdemeanor involving moral turpitude (i.e., offenses contrary to justice, hone sty, or morality), (vi) conviction of a misdemeanor DUI, or conviction of a felony under California law, (vii) violation of state law or the City’s Municipal Code or charter, ordinances, rules, and regulations, (viii) use or possession of illegal drugs, ( ix) engaging in conduct tending to bring embarrassment or disrepute to the City, (x) any illegal or unethical act involving personal gain, (xi) theft or attempted theft, (xii) significant financial mismanagement, (xiii) pattern of repeated, willful and int entional failure to carry out materially significant and legally constituted directions or policy decisions of the City Council, and (xiv) gross misfeasance or gross malfeasance.

4.5 Waiver of Certain Termination Rights . Employee expressly waives any rights provided under the City’s Personnel System or Policies, and any rights provided to the City Manager or CAO under the Bell Charter or Municipal Code or under State or Federal law to any form of pre - or post -termination hearing, appeal, or other administrati ve process pertaining to termination, except those rights Employee may have under the California or Federal Constitutions to a name -clearing hearing and the right to receive severance under Article 5.0 .

Pursuant to this Section 4.5, the provisions of Artic les 4 and 5 shall supersede Bell Municipal Code Section 2.08.050 and Charter Section 607.

4.6 Employee Acknowledgement At-Will. Employee hereby expressly acknowledges and accepts that this Agreement is at-will, and subject only to the terms hereof; that Emplo yee accepts employment subject to such terms; and Employee will be estopped from arguing that any conduct by employer during the term of the Agreement wil l convert it to a “for-cause” contract, other than through an express amendment.

4.7 Administrative Leave. Employer may place Employee on Administrative Leave with full pay and benefits at any time during the term of this Agreement. However, if the purpose of placing Employee on Administrative Leave With Pay is to conduct an investigation into potential wrongdoing for any reason listed in Section 4.4, and after that investigation, Employee is convicted of a crime involving abuse of his/her office or position, then pursuant to Government Code Section 53243, Employee shall be required to fully reimburse City for any salary or benefits received while on Administrative Leave With Pay . “Abuse of office or position” shall be as defined in Government Code Section 53243.4, as may be amended.

Reimbursement shall occur within thirty (30) days of Employer’s written demand therefore or such longer period as Employer may approve.

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5.0 SEVERANCE

5.1 Severance. Employee shall have the severance rights provided herein. The severance rights provided in this Article 5.0 shall constitute the sole and only entitlement of Employee with respe ct to severance pay in the event of the termination, other than for cause or by expiration of the Agreement. Employee expressly waives any and all other rights with respect to severance pay except as provided herein. Any and all severance rights are condi tioned upon and in consideration for execution of the standard “Agreement of Separation, Severance, and General Release” attached hereto in form only as Exhibit “A.” (a) Termination With Cause . If the City Council terminates Employee with cause, as defined in S ection 4.4, the City shall not be required to make the severance payment provided herein.
(b) Termination Without Cause . If pursuant to Section 4.3 the City Council terminates Employee without cause, before the expiration of the aforesaid term of employment, and Employee does not challenge such termination, including but not limited to, by means of appeal or civil or administrative claim, then the City shall give Employee severance payments totaling six (6) months base salary (without benefits) in accordance with Section 5.3, except as provided in Subsection (d) below. Such severance payment shall be calculated based on Employee’s salary only and not inclusive of the value of any benefits provided to Employee. (c) Termination Without Cause in the Ninety Days Following an Election . In accordance with Charter Section 607, no termination shall be permitted without cause during the ninety (90) days before or after a municipal election.
(d) Application of Government Code Section 53260. Government Code Section 53260 provide s tha t all contracts of employment with a city must include a provision limiting the maximum cash settlement for the termination of the contract to the monthly salary (excluding benefits) multiplied by the number of months left on the unexpired term, but not more than 18 months if the unexpired term exceeds 18 months . Accordingly, should such proposed severance payment exceed the amount authorized to be paid under Government Code Section 53260, then the amount paid to Employee shall be reduced in the amoun t necessary to comply with such statute . (For example, if termination occurs with two (2) months left in the term, severance would be equal to the monthly base salary multiplied by two (2) rather than the six (6) months provided in Section 5.1(b).)
(e) No Severance Pay if Termination Initiated by Employee or if Agreement Expires. Employee expressly agrees that he shall not be entitled to any severance payment as the result of the termination of this Agreement if such termination is initiated by Employee .

Employee fu rther agrees that should this agreement expire by its own terms without early termination by Employee or City, then the City shall have no obligation to pay the severance provided for in Section 5.1(b).

5.2 Benefits at Severance. Employee shall also be entitled to the final pay rate for all vacation but no other leave time accrued as of his final date of termination. There is no accrual of benefits during the period of the severance payment as provided in Section 5.3 below.

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5.3 Payment. Half of the severance payment shall be paid as a lump sum within ten (10) days of termination. The remainder shall be paid monthly following ninety (90) days following the date of separation.

5.4 Repayment of Severance. Pursuant to Government Code Section 53243.4, if Employee is later convicted of a crime involving abuse of office or position, then any severance paid under this Article 5 shall be returned by Employee to Employer within thirty (30) days of Employer’s written demand therefore or such longer period to which Employer ma y agr ee as evidenced in writing.

6.0 PERFORMANCE EVALUATIONS.

6.1 Purpose. The performance review and evaluation process set forth herein is intended to provide review and feedback to Employee so as to facilitate a more effective management of the City . Nothing herein shall be deemed to alter or change the employment status of Employee (as set forth in Section 1.6 above), nor shall this Section 6.0 be construed as requiring "cause" to terminate this Agreement, or the services of Employee hereunder.

6.2 Annual Evaluation. T he City Council shall conduct a review and evaluate the performance of Employee on an annual basis . In the first year or thereafter if desired by the parties, additional evaluations may be performed . The review and evaluation shall be in accordance w ith s pecific criteria developed jointly by the City Council and Employee . The evaluation shall be predicated on such criteria, as well as any other deemed appropriate by the City Council, provided it is communicated in writing to Employee. Employee would be receptive to having an external facilitator guide the City Council through the City Manager performance evaluation process. The City Council and City Manager may mutually agree to use a facilitator to support the process. The facilitator will be selec ted by the City Manager , subject to the approval of the City Council. All fees and expenses for a facilitator shall be paid by the City. The review and evaluation shall be private and confidential, and the results shall be summarized and discussed in clos ed session, to the extent permitted by law, or through some other mutually acceptable closed format. T he City Council shall provide Employee with a written summary statement of the performance evaluation and shall provide an opportunity for E mployee to discuss the contents thereof with him for the purpose of improving the overall effectiveness of Employee in his position, including an opportunity for Employee to comment on the evaluation should Employee so elect . Such review and evaluation sha ll be conducted concurrently with the annual salary review provided for in Section 3.3 above.

6.3 Goals and Objectives . Annual ly, the City Council and Employee shall define goals and performance objectives that they determine are necessary for the proper ope ration of the City and, in the attainment of the City Council’s policy objectives, shall further establish a relative priority among those various goals and objectives . The goals and objectives shall be reduced to writing. The goals and objectives shall be ge nerally obtainable w ithin the time limitations as specified and the annual operating and capital budgets and appropriations as provided.

7.0 BENEFITS AND OTHER COMPENSATION.

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7.1 Vacation and Sick Leave. Commencing with the effective date of this Agreement, Employee shall accrue the vacation, sick leave, holiday and other benefits as provided herein. (a) Vacation may only be accrued to a maximum of 200 hours (25 days) per year earned bi -weekly. (Vacation leave shall accrue at the rate of 7.69 hours per bi- weekly pay period.) Vacation leave may only be accrued to a maximum of 280 hours (35 days) at which point vacation leave accrual will cease until the accrued hours fall below the maximum of 280 hours. Employee will be allowed to ca sh out up to 80 hours of vacation annually, but a minimum of eighty (80) vacation leave hours must be left in the regular vacation ba nk at time of cash out. Vacation leave must be used and deducted from accruals on a minute by minute basis for time missed from normal work hours which for purposes of this sect ion are deemed to be normal City operating hours. Upon termination, for any reason, Employee shall be entitled to one hundred percent (100%) of the unused vacation leave on the books then exis ting. Upon appointment, Employee shall be credited with 160 hours of vacation. (b) Sick leave may only be accrued to a maximum of 96 hours (12 days) per year, earned bi-weekly. (Sick leave shall accrue at the rate of 3.69 hours per bi-weekly pay period.) Sic k leave may only be accrued to a maximum of 192 hours (24 days) at which point sick leave accrual will cease until the accrued hours fall below the maximum of 192 hours.

Sick leave must be used and deducted from accruals on a minute by minute basis for time missed from normal work hours which for purposes of this section are deemed to be normal City operating hours. Upon termination for any reason, Employee shall not be entitled to cash out any sick leave on the books then existing. Upon appointment, Employee shall be credited 80 hours of sick leave.

7.2 Holiday Leave. Employee shall be granted the following holidays: New Year’s Day, Martin Luther King Day, President's Day, Memorial Day, Fourth of July, Labor D ay, Veteran's Day, Thanksgiving, Day after Th anksgiving, and Christmas . If the City Council modifies the holidays or recognizes additional holidays for City employees, said holidays shall be modified for Employee.

7.3 Bereavement Leave. In the event of the death of a member of Employee’s family, including Employee’s spouse, domestic partner, mother, father, brother, sister, child, grandchild, or grandparent or any one of the same relatives of Employee’s spouse or domestic partner, Employee shall be entitled up to twenty -four (24) hours for each death of a f amily member .

Bereavement leave must be used and deducted from the total allowed hours in increments of no less than five (5) hours for time missed from normal work hours which for purposes of this section are deemed to be normal City operating hours

7.4 Medical, Dental, Vision and Life Insurance. The City shall provide to Employee the same group medical, dental, vision and life insurance plans offered to Department Heads (administrative management employees). If changes are made to the current bene fits offered to Department Heads ( administrative management employees), the City will provide to Employee insurance with coverage at the same level and under the same terms as that provided to Department Heads (administrative management employees).

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7.5 Physical Exam. Employee agrees to submit once per cal endar year to a complete physical examination by a qualified physician of his choice, the cost of which will be paid by the City. City shall receive a copy of all medical reports related to said examination . Employee shall execute a written authorization to the physician for release of such information to City.

7.6 Other Benefits. City agrees to give Employee all other benefits that are given to other Department Heads generally.

7.7 Retirement: City agrees to give Employee the following retirement benefits:
classic 2.7% at age 55 or PEPRA Rate Retirement: 2%@ age 62 formula, with Employee paying full employee member contribution (currently at 8.00% for Classic, & 7.25% for PEPRA).

8.0 OTHER TERMS – CONDITIONS OF EMPLOYMENT

8.1 Civic Club Membership. City recognizes the desirability o f representation in and before local civic and other organizations. Employee is therefore authorized to become a member of such civic clubs or organizations for which City shall pay dues and meals for meeting attendance. Employee is responsible for other r elated ex penses such as fines, tr ips and contributions.

8.2 Dues, Subscriptions and License Fees. City agrees to pay for the professional dues and subscriptions necessary for Employee’s continued and full participation in national, state, regional and local associatio ns and organizations nec essary and desirable for his continued professional participation, growth and advancement, and for the good of the City. City also agrees to pay for or reimburse Employee for fees nec essary to maintain professional licenses in possession of Employee.

8.3 Professional Development. City agrees to budget and pay travel and subsistence expenses of Employee, subject to the City’s travel policy, for profess ional and official travel, meetings and occasions adequate to continue the prof essional development of Employee an d to adequately pursue necessary official and other functions for City including, but not limited to, the annual conferences of the Internatio nal City Management Association, the Le ague of California Cities C ity Managers ’ Department Meet ing and other suc h national, regional, state and local government groups and committees on which Employee serves as a member and which participation benefits City and which are necessary for Employee’s continued professional advancement, provided such travel and membership is approved by the City Council.

8.4 City’s Employee Reimbursement Policy. The City shall reimburse Employee for reasonable and necessary travel, s ubsistence, and other City related busi ness expenses incurred by Employee in the performance of his duties. All reimbursements shall be subject to and in accordance with California law, the City’s adopted travel & meeting/mileage reimbursement policy, and IRS rules for reporting compensation through payroll or reimbursement through accounts payable.

9.0 CONFLICTS OF INTEREST.

9.1 Conflicts Prohibited . During the term of this Agreement, Employee shall not engage in any business or transaction or maintain a financia l interest which conflicts, or

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reasonably might be expected to conflict in any ma nner, w ith the proper discharge of Employee’s duties under this Agreement . Employee shall comply with all requirements of law, including but not limited to, Sections 87100 et seq., Section 1090 and Section 1126 of the Government Code, and al l other similar statutory and administrative r ules. Whenever any potential conflict arises or may appear to arise, the obligation shall be on Employee to seek legal advice concerning whether such conflict exists and Employee’s obligations arising therefrom.

9.2 Personal Interests. Employee shall not enga ge in any business or transaction or shall have a financial or other personal interest or association, direct or indirect, which is in conflict with the proper discharge of official duties or would tend to impair independen ce of judgment or action in the performance of official duties. Personal as distinguished from financial interest includes an interest arising from blood or marriage relationshi ps or close business, personal, or poli tical associations. This section shall n ot serve to prohibit independent acts or other forms of enterprise during those hours not covered by active City employment, providing such acts do not constitute a conflict of interest as defined herein.

9.3 Broad Appli cation of Conflict Laws . Employee shall also be s ubject to the conflict o f interest provisions of the California Government Code and any conflict of interest code applicable to Employee 's employment . “Conflict of Inte rest” as used herein shall be construed broadly including any law relating to e thics or conflic ts such as Govern ment Code Section 1090 prohibiting contracts with a financial interest, Government Code Section 1126 prohibiting incompatibility of employment, or any other such law.

9.4 Statements of Economic Interest . Employee is responsible for su bmitting to the City Clerk the appropriate Conflict of Interest Statements at the time of appointment, annually thereafter, and at the time of separation from the position.

10.0 INDEMNIFICATION

10.1 General. To the extent mandated by the California Governm ent Code, the City shall defend, hold harmless, and indemnify Employee against any tort, professional liability, claim or demand, or other legal action arising out of an alleged act or omission occurring in the performance of Employee’s services under this Agreement. This section shall not apply to any intentional tort or crime committed by Employee, to any action outside the course and scope of Employee’s employment, or any other intentional or malicious conduct or gross negligence of Employee including as set forth in Section 4.4.

10.2 Employee Obligations. The obligation to defend and indemnify shall be subject to Employee’s duty to cooperate fully in the defense. Moreover, City shall have the right to require Employee to enter into a reservation of rights agreement pursuant to Govt. Code § 825-825.6.

10.3 Related Entities. In the event that Employee shall serve as the chief executive of other City-related legal entities, then each provision of this Section shall be equally applicable to each City-related legal entity as though se t forth i n an indemnity agreement between Employee and that legal entity.

11.0 GENERAL PROVISIONS

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11.1 Entire Agreement. This Agreement represents the entire agreement between the parties and supersedes any and all other agreement, either oral or in writing, between the parties with respect to Employee’s employment by Ci ty, and contains all of the covenants and agreements between the parties with respect to such em ployment. No ordinances or resolutions of City governing employment, includi ng the City’s Personnel Syst em, shal l apply unless specified herein . Each party to this Agreement acknowledges that no representations, inducements, promises or agreements, orally or otherwise, have been made by either party, or anyone acting on behalf of eit her party, that are not embodied he rein, and that no other agreement, statement or promises not contained in this Agreement shall be valid or binding upon either party.

11.2 Amendment. This Agreement may be amended at any time by the mutual consent of the Parties by an instrument in writing, which amendment shall require City Council approval.

11.3 Notices. Any notice required or permitted by this Agreement shall be in writing and shall be personally served or shall be sufficiently given when served upon the othe r party as sent by United States Postal Service, postage prepaid and addressed as follows:

To City: To Employee:

Mayor Michael L. Antwine II
City of Bell [On file with Human Resources Department]
6330 Pine Avenue
Bell, California 90201
Notices shal l b e deemed given as of the date of personal service or upon the date of deposit in the course of transmission with the United States Postal Service.

11.4 Effect of Waiver . The failure of either party to insist on strict compliance with any of the terms, covenants, or conditions of this A greement by the other party shall not be deemed a waiver of that term, covenant, or condition, nor shall any waiver or relinquishment of any right or power at any one time or times be deemed a waiver or relinquishment of that right or power for all or any other times.

11.5 Partial Invalidity . If any provision in this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions shall nevertheless continue in full force without being impaired or invalidated in any way.

11.6 Governing Law . This Agreement shall be governed by and construed in accordance with the laws of the State of California, which are in full force and effect as of the date of execu tion. Legal actions concerning any di spute, claim or matter arising out of or in relation to this Agreement shall be instituted in the Superior Court of the County of Los Angeles, State of California, or any other appropriate court in such county, and Employee covenants and agrees to submit to the personal jurisdiction of such court in the event of such action. In the event of litigation in a U.S. District Court, venue shall lie exclusively in the Central District of California, in Los Angeles.

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11.7 Government Code §§ 53243 - 53243.4. Assembly Bill 1 344, whic h was subsequently enact ed as Government Code §§ 53243 - 53243.4, sought to provide greater transparency in local government and institute certain limitations on compen sation paid to local government executives. These statutes also require that contracts between local agencies an d its employees include provisions requiring an employee who is convicted of a crime involving an abuse of his office or position to provide rei mbursement to the local agency . These statutes are incorporated herein by re ference. Accordingly, the Pa rties agree that it is their mutual intent to fully comply with these Government Code sections and all other applicable law as it exists as of the date of execution of this Agreement and as s uch laws may be amended from time to time thereafter. Specifically, the f ollowing Government Code sections are called out and hereby incorporated by this Agreement:
§53243. Reimbursement of paid leave salary required upon conviction of crime involving office or position.
§53243.1. Reimburseme nt of legal criminal defense upon conviction of crime involving office or position.
§53243.2. Reimbursement of cash settlement upon conviction of crime involving office or position.
§53243.3. Reimbursement of noncontractual payments upon conviction or crim e involving office or position.
§53243.4. “Abuse of office or position” defined.

Employee represents that Employee has reviewed, is familiar with, and agrees to comply fully with e ach of these provisions if any of these provisions are applicable to Employe e, including that Employee a grees th at any cash settlement or severance related to a termination that Employee may receive from the City shall be fully reimbursed to the local agen cy if Employee is convicted of a crime involving an abuse of Employee’s office or position

11.8 Independent L egal Adv ice. City and Employee represent and warrant to each other that each has received legal advice from independent and separate legal counsel with respect to the legal effect of this Agr eement. City and Employee further represen t and warrant that each has carefully reviewed this entire Agreement, and that each and every term thereof is understood, and that the terms of this Agreement are contractual and not a mere recital . This Agreement shall not be construed against the pa rty or its representatives who drafted it or who drafted any portion thereof.

11.9 Assignment. Neither this Agreement, nor any right, privilege, nor obligation of Employee hereunder, shall be assigned or transferred by Employee without the prior written consent of the City. Any attempt at assignment or transfer in violation of this provision shall, at the option of the City, be null and void and may be considered a material breach of this Agreement.

11.10 Severability. If any clause, sentence, part, section, or port ion of this Agreement is found by a court of competent jurisdiction to be illegal or unenforceable, such clause, sentence,

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part, section, or portion so found shall be regarded as though it were not part of this Agreement and the remaining parts of this Agr eement shall be fully binding and enfo rceable by the Parties hereto.

[SIGNATURES ON FOLLOWING PAGE]

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EXHIBIT A

AGREEMENT OF SEPARATION, SEVERANCE, AND GENERAL RELEASE

1. PARTIES
This Agreement of Separation, Severance, and General Release (hereinafter referred to as the “AGREEMENT”) is entered into by and between the City of Bell, a California charter city and municipal corporation (hereinafter referred to as “THE CITY”), and ________________ ., an individual (hereinafter referred to as “EMPLOYEE”).

2. RECITALS

2.1. EMPLOYEE was hired by THE CITY a s an at-will city manager effective on or about ____________________ serving at the pleasure of the City Council of THE CITY pursuant to a written contract, a copy of which is attached hereto as Exhibit “A” (“THE CONTRACT”). EMPLOYEE is currently ___ years old.

2.2. THE CITY and EMPLOYEE de sire that EMPLOYEE separ ate from employment with THE CITY and enter into a severance agreement whereby EMPLOYEE receives severance compensation in exchange for executing a general release and waiver of any a nd all claims that EMPLOYEE may have against THE CITY, including but not limited to its elected and non-elected officials, employees, attorneys, and agents. Accordingly, the parties hereto intend by this AGREEMENT to mutually conclude any and all employme nt relationships between THE CITY and EMPLOYEE by means of EMPLOYEE’s separation by means of _________________ as of ______, ____ . This AGREEMENT sets forth the full and complete terms and conditions concluding EMPLOYEE’s employment relationship with the C ITY and any obligations related thereto, including any provided under THE CONTRACT.

2.3 In accordance with this AGREEMENT and with applicable state and federal laws, EMPLOYEE acknowledges that EMPLOYEE has been advised of EMPLOYEE’s post - employment rights, including but not limited to, EMPLO YEE’s rights under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”), Employee Retirement Income Security Act of 1974 (“ ERISA”), and the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”).

3. CONSIDERATION

3.1 EMPLOYEE sh all rec eive payment to him at t he time of his voluntary separation all earned salary, accrued fringe benefits as detailed in THE CONTR ACT, and/or all other wage compensation/benefits owed to EMPLOYEE upon separati on of employment, as required by state, federal or municipal law or THE CONTRACT or any other agreement with THE CITY.

3.2. In exchange for the waivers and releases set forth herein, THE CITY shall cause to be paid to EMPLOYEE an additional compensatory payment as severance pay by means of a lump sum payment of ___________________________ and __ cents ($______.00), as set forth in

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THE CONTRACT in the form of a check made payabl e to EMPLOYEE to be mailed to EMPLOYEE at EMPLOYEE’s home address via certified mail return receipt requested within thirty (30) business days after the EFFECTIVE DATE (as defined below) of this AGREEMENT.

The lump sum payment shall be subject to applicable state and federal withholdings as determined appropriate by THE CITY.

3.3 In exchange for the severance payment p rovided for herein, EMPLOYEE, and on b ehalf of EMPLOYEE’s spouse, heirs, representatives, successors, and assigns, hereby releases, acquits, and forever discharges THE CITY, and each of its predecessors, successors, assigns, officials, employees, representatives, agents, insurers, attorneys, and all persons and entities acting by, through, under, or in concert with any of them, and each of them (hereinafter referred to as “THE CITY PARTIES” ), from any and all claims, ch arges, compla ints, contracts, understandings, liabilities, obligations, promises, benefits, agreements, controversies, costs, losses, debts, expenses, damages, actions, causes o f action, suits, rights, and demands of any nature whatsoever, known or unknown, suspected or unsuspected, which EMPLOYEE now has or may acquire in the future, or which EMPLOYEE ever had, relating to or arising out of any act, omission, occurrence, condition, event, transaction, or thing which was done, omitted to be done, occurred or was in effect at anytime from the beginni ng of t ime up to and including _______ __, ____ (hereinafter referred to collectively as “CLAIMS”), without regard to whether such CLAIMS arise under the federal, state, or local constitutions, statutes, rules or r egulations, or the common law .

EMPLOYEE ex pressly acknowledges that the C LAIMS forever barred by this AGREEMENT specifically include, but are not limited to, claims based upon any alleged breach of THE CONTRACT or any other agreement of employment, any demand for wages, overtime or benefits, any claims of violation of the provisions of ERISA, COBRA or HIPAA, any alleged breach of any duty arising out of contract or tort, any alleged wrongful termination in violation of public policy, any alleged breach of a ny express or implied contract for co ntinued empl oyment, any alleged employment discrimination or unlawful discriminatory act, or any claim or cause of action including, but not limited to, any and all claims whether arising under any federal, state or local law prohibiting breach of employme nt contract, wrongful termination, or employment discrimination based upon age, race, color, sex, religion, handicap or disability, national origin or any other protected category or characteristic, and any and all righ ts or claims arising under the California Labor Code or Industrial Welfare Commission Wage Orders, the Federal Fair Labor Standards Act, the California Fair Employment and Housing Act, California Government Code §§12, 900 et seq., the Americans With Disabilities Act, Title VII of the Civil Rights Act of 1964, the Public Safety Officers Procedural Bill of Right Act, and any other federal, state, or local human rights, civil rights, or employment discrimination or employee rights statute, rule, or regulation. Nothing herein shall be interpreted as a release or waiver of any workers’ compensation claims or in any way prohibit or prevent EMPLOYEE from participating in any claims or administrative action brought by a state or federal agency. Furthermore, nothing herein shall be interpreted as a release or waiver of the THE CITY’s statutory obligations relative to providing defense and indemnification of public employees, if any, including but not limited to Government Code Sections 825-825.6 and Sections 995-996.6.

4. SPECIFIC ACKNOWLEDGMENT OF WAIVER OF C LAIMS UNDER

ADEA AND OWBPA
The A ge Discrimination in Employment Act of 1967 (hereinafter referred to as the “ADEA”) makes it illegal for an employer to discharge any individual or otherwise discriminate

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with resp ect to the na ture and privileges of an individual’ s employment on the basi s that the individual is age forty (40) or older . The Older Workers Benefit Protection Act (hereinafter referred to as the “OWBPA,” 29 U.S.C. § 626, et. seq., Pub L 101- 433, 104 Stat . 978 (1990)) further augments the ADE A and prohibits the waiver of any ri ght or claim under the ADEA, unless the waiver is knowing and voluntary . By entering into this AGREEMEN T, EMPLOYEE acknowledges that EMPLOYEE knowingly and voluntarily, for just compensation in addition to anything of value t o which EMPLOYEE was already entitled, waives and releases any rights he may have under the ADEA and/or OWBPA . EMPLOYEE further acknow ledges that EMPLOYEE has been advised and understands, pursuant to the provisions of the ADEA and OWBPA, that:
(a) This waiver/release is written in a manner understood by EMPLOYEE; (b) EMPLOYEE is aware of, and/or has been advised of, EMPLOYEE’s rights under the ADEA and OWBPA, and of the legal significance of EMPLOYEE’s waiver of any possible claims EMPLOYEE currently may h ave under the ADEA, OWBPA and/o r similar age discrimination laws;
(c) EMPLOYEE is entitled to a reasonable time of at least twenty -one (21) days within which to review and consider this AGREEMENT and the waiver and release of any rights EMPLOYEE may have u nder th e ADEA, the OWBPA and si milar age discrimination laws; but may, in the exercise of EMPLOYEE’s own discretion, sign or reject this AGREEMENT at any time before the expiration of the twenty-one (21) days; (d) The waivers and releases set forth in this AGREEMENT shall not apply to any rights or claims that may arise under the ADEA and/or OWBPA after the EFFECTIVE DATE of this AGREEMENT;
(e) EMPLOYEE has been advised by this writing that EMPLOYEE should consult with an attorney prior
to executing this AGREEMENT;
(f) EMPLOYEE has discussed this waiver and release with, and been advised with respect thereto by, EMPLOYEE’s counsel of choice or at least had the opportunity to do so, and EMPLOYEE represents by signing this AGREEMENT that EMPLOYEE does not need any additional time within which to review and consider this AGREEMENT; (g) EMPLOYEE has seven (7) days following EMPLOYEE’s execution of this AGREEMENT to revoke the AGREEMENT;
(h) Notice of revocation within the seven (7) day revocation period must be provided, in writing, to THE CIT Y pursuant to Paragraph 8.9 herein, and must state, “I hereby revoke my acceptance of our Agreement of Severance and General Release;” and (i) This AGREEMENT shall not be effective until all parties have signed the AGREEMENT and ten (10) days have passed s ince EMPLOYEE’s execution of same (“EFFECTIVE DATE”).

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5. UNKNOWN CLAIMS
In relation to the release pr ovisions of Paragraphs 3 and 4 above, EMPLOYEE understands that California Civil Code section 1542 reads as follows:
“ General Release--Claims Extinguished”
“A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the releas e and that, if known by him or her , would have materially affected his or her settlement with the debtor or released party.”
EMPLOYEE hereby waives the protection of California Civil Code section 1542.

6. WAIVER OF ADDITIONAL CLAIMS
EMPLOYEE hereby waives any provisions of state or federal law that might require a more detailed specification of the claims being released pursuant to the provisions of Paragraphs 3, 4, and 5 above.

7. REPRESENTATIONS AND WARRANTIES
Each of the parties to this AGREEMENT represents and warrants to, and agrees with, each other party as follows:

7.1. Advice of Counsel: The parties hereto have received independent legal advice from their respective attorneys concerning the advisability of entering into and executing this AGREEMENT or have been given the opportunity to obtain such advice. The parties acknowledge that they have been represented by counsel of their own choice in the negotiation of this AGREEMENT, that they have read this AGREEMENT; that they have had thi s AGREEMENT fully explained to them by such counsel, or have had such opportunity to do so and t hat they are fully aware of the contents of this AGREEMENT and of its legal effect.

7.2. No Fraud in Inducement : No party (nor any officer, agent, employee, representative, or attorney of or for any party) has made any statement or representation or failed to make any statement or representation to any other party regarding any fact relied upon in entering into this AGREEMENT, and neither party relies upon any statement, representation, omission or promise of any other party in executing this AGREEMENT, or in making the settlement provided for herein, except as expressly stated in this AGREEMENT.

7.3. Independent Investigation: Each party to this AGREEMENT has made such investigation of the facts pertaining to this settlement and this AGREEMENT and all the matters pertaining thereto, as it deems necessary.

7.4. Mistake Waived: I n entering into this AGREEMENT, each party assumes the risk of any misrepresent ation, concea lment or mistake . If any party should subsequently discover that any fact relied upon by it in entering into this AGREEMENT was untrue, or that any

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fact was concealed from it, or that its understanding of the facts or of the law was incorrect, such party shall not be entitled to any relief in connection therewith, including without limitation on the generality of the foregoing any alleged right or claim to set aside or rescind this AGREEMENT .

This AGREEMENT is intended to be, and is, final and b inding between the parties, regardless of any claims of misrepresentation, promise made without the intent to perform, concealment of fact, mistake of fact or law, or any other circumstance whatsoever.

7.5. Later Discovery: The parties are aware that t hey may hereafter discover claims or facts in addition to or different from those they now know or believe to be true with respect to the matters related herein. Nevertheless, it is the intention of the parties that EMPLOYEE fully, finally and forever settle and release all such matters, and all claims relative thereto, which do now exist, may exist or have previously existed against THE CITY or THE CITY PARTIES . In furtherance of such intention, the releases given here shall be, and remain, in effect as fu ll and complete releases of all such matters, notwithstanding the discovery or existence of any additional or different claims or facts relative thereto.

7.6. Indemnification: EMPLOYEE agrees to indemnify and hold harmless THE CITY or THE CITY PARTIES f rom, and agai nst, any and all claims, damag es, or liabilitie s sustained by t hem as a direct resu lt of the violation or breach of the covenants, warranties, and representations u ndertaken pursuant to the provisions of this AGREEMENT . EMPLOYEE understands and agrees that EMPLOYEE shall be exclusively liable for the payment of all taxes for which EMPLOYEE is responsible, if any, as a result of EMPLOYEE’s receipt of the consideration referred to in Paragraph 3 of this AGREEMENT . In addition, EMPLOYEE agrees ful ly to indemnify and hold the CITY PARTIES ha rmless for payme nt of tax obli gations as may be required by any federal, state or local taxing authority, at any time, as a result of the payment of the consideration set forth in Paragraph 3 of this AGREEMENT.

7.7. Future Cooperation & Consultation fee s: EMP LOYEE shall execute all such further and additional documents as shall be reasonable, convenient, necessary or desirable to carry out the provisions of this AGREEMENT . EMPLOYEE shall provide THE CITY with consultation services (including deposition or trial testimony) in any litigation involving THE CITY which is reasonably related to acts or occurrences transpiring during EMPLOYEE’s employment.

Said services shall be provided as needed by THE CITY at a rate of $100.00 per hour.

7.8. Return of Conf idential Information and Proper ty: Prior to the sepa ration date, EMPLOYEE shall submit a written inventory of, and return to the City Clerk, all City keys, equipment, computer identification cards or codes, and other equipment or materials or confidential documents provided to or obtai ned by EMPLOYEE during the course of EMPLOYEE ’s employment with THE CITY.

7.9 No Pending Claims and/or Actions : EMPLOYEE represents that EMPLOYEE has not filed any complaints or charges against THE CITY or THE CITY PARTIES with a ny local, state or feder al agency or court; th at EMPLOYEE will not do so at any time hereafter for any claim arising up to and including the EFFECTIVE DATE of this AGREEMENT; and that if any such agency or c ourt assumes jurisdiction of any such complaint or charge against THE CITY or THE CITY PARTIES on behalf of EMPLOYEE, whenever or where ever filed, EMPLOYEE will request such agency or court to withdraw from the matter forthwith. Nothing

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herein shall be interpreted as a release or waiver of any workers’ compensation claims or in any way prohibit or prevent EMPLOYEE from participating in any claims or administrative action brought by a state or federal agency.

7.10. Ownership of Claims: EMPLOYEE represents and warrants as a material term of this AGREEMENT that EMPLOYEE has not heretofore assigned, transferred, released or granted, or purported to assign, transfer, release or grant, any of the CLAIMS disposed of by this AGREEMENT. In executing this AGREEMENT, EMPLOYEE further warrants and represents that none of the CLAIMS released by EMPLOYEE thereunder will in the future be assigned, conveyed, or transferred in any fashion to any other person and/or entity.

7.11 Enforcement Fees and Costs: Should any legal action be required to enforce the terms of this AGREEMENT, the prevailing party shall be entitled to reasonable attorneys’ fees and costs in addition to any other relief to which that party may be entitled.

7.12 Authority: Each party represents to the other that it has the right to enter into this AGREEMENT, and that it is not violating the terms or conditions of any other AGREEMENT to which they are a party or by which they are bound by entering into this AGREEMENT . The parties represent that they will obtain all necessary approvals to execute this AGREEMENT. It is further represented and agreed that the individuals signing this AGREEMENT on behalf of the respective parties have actual authority to execute this AGREEMENT and, by doing so, bind the party on whose behalf this AGREEMENT has been signed.

8. MISCELLANEOUS
8 .1. No Admission: Nothing contained herein shall be construed as an admission by THE CITY of any liability of any kind. THE CITY denies any liability in connection with any claim and intends hereby solely to avoid potential claims and/or litigation and buy its peace.

8.2. Governing Law: This AGREEMENT has been executed and delivered within the State of California, and the rights and obligations of the parties shall be construed and enforced in accordance with, and governed by, the laws of the State of California.

8.3. Full Integration: This AGREEMENT is the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous oral and written agreements and discussions. This AGREEMENT may be amended only by a further agreement in writing, signed by the parties hereto.

8.4. Continuing Benefit: This AGREEMENT is binding upon and shall inure to the benefit of the parties heret o, their resp ective agents, spouses, employ ees, representatives, officials, attorneys, assigns, heirs, and successors in interest.

8.5. Joint Drafting: Each party agrees that it has cooperated in the drafting and preparation of this AGREEMENT. Hence, in any construction to be made of this AGREEMENT, the parties agree that same shall not be construed against any party.

8.6. Severability: In the event that any term, covenant, condition, provision or agreement contained in this AGREEMENT is held to be invalid or void by any court of competent

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jurisdiction, the invalidity of any such term, covenant, condition, provision or agreement shall in no way affect any other term, covenant, condition, provision or agreement and the remainder of this AGREEMENT shall still be in full force and effect.

8.7. Titles: The titles included in this AGREEMENT are for reference only and are not part of its terms, nor do they in any way modify the terms of this AGREEMENT.

8.8. Counterparts: This AGREEMENT may be executed i n counterparts, and when each party has si gned and delivered at least one s uch counterpart, each counterpart shall be deemed an original, and, when taken together with other signed counterparts, shall constitute one AGREEMENT, which shall be binding upon and effective as to all parties.

8.9. Notice: Any and all notices given to any party under thi s AGREEMENT shall be given as provided in this paragraph. All notices given to either party shall be made by certified or registered United States mail, or pers onal delivery, at the noticing party’s discretion, and addressed to the parties as set forth below. Notices shall be deemed, for all purposes, to have been given and/or received on the date of personal service or three (3) consecutive calendar days following deposit of the same in the United States mail.

As to EMPLOYEE:

At EMPLOYEE’s home address on file with THE CITY.

As to THE CITY:

Mayor
City of Bell
6330 Pine Avenue
Bell, California 90201
IN WITNESS WHEREOF , THE CITY has caused this AGREEMENT to be signed and executed on its behalf by its M ayor and duly attested by its Ci ty Clerk, EMPLOYEE has signed and executed this AGREEMENT , and the attorneys for THE CITY and EMPLOYE E, if any, have approved as to form as of the dates written below.

DATED: _______________ EMPLOYEE

By: ________________________________
_______________

THE CITY

DATED: __________________ By: ________________________________ Mayor
ATTEST:

__________________________

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City Clerk

APPROVED AS TO FORM:

ALESHIRE & WYNDER, LLP

By: _______________________________
______________, City Attorney
[EMPLOYEE’S ATTORNEY’S LAW FIRM]

By: _______________________________
[Counse l Name]

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Report Date: 3/23/2022
Issuer / Book Market % of YTM
CUSIP Security Value Value * Portfolio (Market Y)
LAIF 20,260,135 20,260,135 65.50% 0.28%
See Attached Asset-Backed Security 994,414 984,917 3.19% 1.45% See Attached Agency Issues 3,087,499 3,070,174 9.93% 1.16% See Attached Commercial Mortagage 706,805 714,251 2.31% 1.38% See Attached Corporate 2,046,174 2,024,698 6.55% 1.66%
See Attached Money Market 21,649 21,649 0.07% 0.01%
See Attached Supranational 533,789 520,374 1.69% 1.56%
See Attached US Treasury 3,344,037 3,299,782 10.67% 1.43% Accrued Interest 37,611
Totals 30,994,501 $ 30,933,590 $ 100%
Bank Account Balances:

Wells Fargo Bank Stagecoach Sweep General Checking: 2,082,853.91 $ Wells Fargo Bank Commercial Checking Choice IV-Public Funds: 104,078.00 Wells Fargo Bank Bell Community Housing Authority Checking Account: 1 -
Wells Fargo Bank Payroll Account: 2
-
Wells Fargo Bank Worker's Compensation Account: 3
51,918.71
2,238,850.62$
The City's investment and banking liquidity is adequate for it to meet its expenditure requirements for the next 180 days. There have been no variances to the City Investment Policy. 1 The Bell Community Housing Authority Account - This bank account segregates the financial activities pertinent of the Housing Authority, Fund 90.

This bank account was transitioned to zero balance account (ZBA) status in 2013 and is reconciled to the City's General Ledger. 2 Payroll Account - This bank account segregates payroll activities. This bank account was transitioned to zero balance account (ZBA) status in 2013 and is reconciled to the City's General Ledger. 3 Workers' Compensation - This bank account was established for joint access by City Staff and the City's third -party administrator, AdminSure, to administer workers' compensation programming.

The account is reimbursed by bank transfers as necessary. * Current market valuation is required for investments with maturities of more than twelve months. MV includes accrued interest earned as of 02/28/2022 City of Bell Investment Report
LAIF Deposit and Core Investments
February 2022

Page 124 ends

MONTH FY 2019-20 FY 2020-21 FY 2021-22
JULY 25,600,523.51$ 25,320,562.61$ 27,158,657.80$
AUGUST 23,650,305.37 23,739,062.20 28,268,929.13
SEPTEMBER 21,748,944.76 21,690,804.87 26,397,025.57 OCTOBER 21,193,173.66 21,605,826.32 26,237,986.42 NOVEMBER 20,099,691.81 22,017,659.98 25,741,196.73 DECEMBER 21,785,287.59 24,124,656.89 28,966,073.71 JANUARY 24,770,584.76 27,425,271.30 33,505,081.56 FEBRUARY 25,232,601.81 25,221,695.57 33,233,351.99 MARCH 25,624,394.74 25,161,017.39
APRIL 26,944,295.13 25,811,974.54
MAY 29,010,371.43 28,685,142.78
JUNE 29,238,115.42 28,279,502.12
City of Bell
Historical Summary of Invested Funds & Bank Deposits

Page 125 ends

Report Date:3/23/2022
Issuer
/ Book Market % of YTM
Security Value Value * Portfolio (Purchase Y)
LAIF 1,168,000.36 1,168,000.36 100.00% 0.28%
Totals 1,168,000.36$ 1,168,000.36$ 100.00%
Bank Account Balances:

Wells Fargo Bank Successor to RDA: 157,546.41$
* Current market valuation is required for investments with maturities of more than twelve months.

City of Bell Successor to Redevelopment Agency - This bank account segregates the financial activities of the Successor Agency and is reconciled to the City's General Ledger each month.

Bell Successor Agency Investment Report
February 2022
All Investments

Page 126 ends

MONTH FY 2019-20 FY 2020-21 FY 2021-22
JULY 2,464,340.05$ 2,652,039.24$ 2,634,143.35$
AUGUST 2,456,554.55 2,653,373.37 2,601,063.64
SEPTEMBER 809,289.36 986,026.30 890,531.10
OCTOBER 821,311.22 995,957.79 886,165.69
NOVEMBER 823,156.22 995,957.04 876,829.70
DECEMBER 820,436.97 995,914.01 873,108.41
JANUARY 1,666,656.18 1,895,562.17 1,459,106.09
FEBRUARY 1,790,434.90 1,747,081.95 1,325,546.77
MARCH 1,098,088.53 1,140,655.41
APRIL 1,090,404.89 1,144,094.97
MAY 1,083,571.27 1,131,195.10
JUNE 2,794,524.07 2,770,827.46
Community Redevelopment Agency / Successor Agency
Historical Summary of Invested Funds & Bank Deposits

Page 127 ends

Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
March 01, 2022
LAIF Home
PMIA Average Monthly
Yields
Account Number: 98-19-059
February 2022 Statement
Tran Type Definitions
Effective
Date
Transaction
Date
Tran
Type Confirm
Number
Web
Confirm
Number Authorized Caller Amount
2/2/2022 2/1/2022 RD 1696958 1657203 ELISA GRATIL 500,000.00 Account Summary
Total Deposit: 500,000.00 Beginning Balance: 20,260,134.50 Total Withdrawal: 0.00 Ending Balance: 20,760,134.50

CITY OF BELL

CITY TREASURER
6330 PINE A VENUE
BELL, CA 90201
xxxxxxxx

Page 128 ends

STAGECOACH SWEEP
WELLS FARGO BANK, N.A.

P.O. BOX 63020
THIS STATEMENT COVERS 02/01/2022 THROUGH 02/28/2022

FOR QUESTIONS, PLEASE CALL YOUR CUSTOMER SERVICE OFFICER OR CUSTOMER CARE FOR BUSINESS (CC4B) SERVICE OFFICE AT 1-800-AT-WELLS (1-800-289-3557) OPTION 2.

ALLSPRING TREASURY PLUS MMF A CLS
Transaction Detail
Daily Balance Information
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 02-01 2,420,604.40 .010 % .000000274 0.66
02-02 2,471,884.48 .010 % .000000274 0.68
02-03 2,137,454.69 .010 % .000000274 0.59
02-04 1,918,720.17 .010 % .000000274 0.53
02-05* 1,876,515.02 .010 % .000000274 0.51
02-06* 1,876,515.02 .010 % .000000274 0.51
02-07 1,876,515.02 .010 % .000000274 0.51
SAN FRANCISCO, CA 94163 Page 1 of 2

CITY OF BELL

GENERAL FUND OPERATING

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account Number - DDA
4159281427
2-01-2022 Beginning Balance 2,353,627.46
2-01-2022 Next Day Sweep Purchase 66,955.89
2-01-2022 Reinvested Dividend 21.05
2-02-2022 Next Day Sweep Purchase 51,280.08
2-03-2022 Sweep Funds Return To DDA 334,429.79
2-04-2022 Sweep Funds Return To DDA 218,734.52
2-07-2022 Sweep Funds Return To DDA 42,205.15
2-08-2022 Sweep Funds Return To DDA 204,805.03
2-09-2022 Sweep Funds Return To DDA 166,831.30
2-10-2022 Next Day Sweep Purchase 87,287.04
2-11-2022 Sweep Funds Return To DDA 35,058.07
2-14-2022 Next Day Sweep Purchase 44,600.84
2-15-2022 Sweep Funds Return To DDA 37,635.11
2-16-2022 Sweep Funds Return To DDA 51,798.31
2-17-2022 Next Day Sweep Purchase 107,236.24
2-18-2022 Sweep Funds Return To DDA 283,132.41
2-22-2022 Next Day Sweep Purchase 289,152.13
2-23-2022 Sweep Funds Return To DDA 38,778.18
2-24-2022 Next Day Sweep Purchase 18,344.23
2-25-2022 Sweep Funds Return To DDA 101,736.86
2-28-2022 Next Day Sweep Purchase 579,493.68
2-28-2022 Ending Balance 2,082,853.91

FUND SUMMARY
Dividends Earned YTD 33.95
Federal Withholding YTD .00
7-Day Simple Yield .01000 %
Federal Withholding .00
Beginning Balance 2,353,627.46
Prior Months Dividends Reinvested 21.05 +
Shares Purchased 1,244,350.13 +
Shares Redeemed 1,515,144.73 -
Ending Balance 2,082,853.91
Dividends Earned in Current Month 12.90
Funds Pending Investment 3,008.76
xxxxxx

Page 129 ends

STAGECOACH SWEEP
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 02-08 1,671,709.99 .010 % .000000274 0.46
02-09 1,504,878.69 .010 % .000000274 0.41
02-10 1,592,165.73 .010 % .000000274 0.44
02-11 1,557,107.66 .010 % .000000274 0.43
02-12* 1,557,107.66 .010 % .000000274 0.43
02-13* 1,557,107.66 .010 % .000000274 0.43
02-14 1,601,708.50 .010 % .000000274 0.44
02-15 1,564,073.39 .010 % .000000274 0.43
02-16 1,512,275.08 .010 % .000000274 0.41
02-17 1,619,511.32 .010 % .000000274 0.44
02-18 1,336,378.91 .010 % .000000274 0.37
02-19* 1,336,378.91 .010 % .000000274 0.37
02-20* 1,336,378.91 .010 % .000000274 0.37
02-21* 1,336,378.91 .010 % .000000274 0.37
02-22 1,625,531.04 .010 % .000000274 0.45
02-23 1,586,752.86 .010 % .000000274 0.43
02-24 1,605,097.09 .010 % .000000274 0.44
02-25 1,503,360.23 .010 % .000000274 0.41
02-26* 1,503,360.23 .010 % .000000274 0.41
02-27* 1,503,360.23 .010 % .000000274 0.41
02-28 2,082,853.91 .010 % .000000274 0.57
TOTAL MTD 12.91
* Indicates non-business day
THANK YOU FOR BANKING WITH WELLS FARGO.

MONEY MARKET MUTUAL FUNDS (EACH, A "MMMF") ARE NOT FDIC INSURED, HAVE NO BANK GUARANTY AND MAY LOSE VALUE.

An Investment in a MMMF is not insured by the Federal Deposit Insurance Corporation or any other government agency. Although the MMMF's seek to preserve the value of customer's investment at $1.00 per share, it is possible to lose money by investing in a MMMF.

Allspring Funds Management, LLC, a wholly owned subsidiary of Allspring Global Investments Holdings, LLC ("Allspring Global"), provides investment advisory and administrative services for the Allspring Funds?. Other subsidiaries of Allspring Global provide sub-advisory and other services for the funds. The funds are distributed by Allspring Funds Distributor, LLC, Member FINRA/SIPC, a subsidiary of Allspring Global.

This material must be accompanied or preceded by a current prospectus for name of the Fund(s) selected. Please read the prospectus carefully before investing.
02/01/2022 - 02/28/2022

Page 2 of 2 ends

Account Number - DDA
4159281427
xxxxxxx

Page 130 ends

Choice IV-Public Funds {NIB}
Account number: 4159281427 February 1, 2022 - February 28, 2022 Page 1 of 9 Prior account number: 145398000
©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.
(182)
Questions?
Call your Customer Service Officer or Client Services
1-800-AT WELLS (1-800-289-3557)
5:00 AM TO 6:00 PM Pacific Time Monday - Friday
Online: wellsfargo.com
Write: Wells Fargo Bank, N.A. (182)
PO Box 63020
San Francisco, CA 94163

CITY OF BELL

GENERAL FUND OPERATING

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account summary
Choice IV-Public Funds {NIB}
Account number Beginning balance Total credits Total debits Ending balance 4159281427 $89,665.00 $3,931,481.50 -$3,917,068.50 $104,078.00 Credits
Deposits
Effective
date
Posted
date Amount
Transaction detail
02/09 1,996.60 Deposit
02/09 1,407.50 Deposit
02/09 981.00 Deposit
02/09 597.00 Deposit
02/09 393.00 Deposit
02/09 348.50 Deposit
02/09 244.00 Deposit
02/09 104.00 Deposit
02/09 16.00 Deposit
02/09 2.00 Deposit
02/09 2.00 Deposit
02/14 02/15 270.85 Reversal of Check Posted 2-14-22 Reposted 2-15-22 as Serial 0000078108 Our Ref: 2-14-22 00000000
02/16 1,986.50 Deposit
02/16 588.00 Deposit
02/16 242.00 Deposit
02/16 209.00 Deposit
02/16 66.25 Deposit
02/22 3,025.00 Deposit
02/22 988.50 Deposit
02/22 514.50 Deposit
02/25 336.00 Deposit
02/25 253.00 Deposit
02/25 4.00 Deposit
$14,575.20 Total deposits
Sheet Seq = 0033310
Sheet 00001 of 00009
xxxxxxxxx
xxxxxxxxx

XXXXXXXX

Page 131 ends

Account number: 4159281427 February 1, 2022 - February 28, 2022 Page 2 of 9 Prior account number: 145398000
Electronic deposits/bank credits
Effective
date
Posted
date Amount
Tra
nsaction detail
02/01 1,749.12 02/01Bankcard Deposit -0328029700
02/01 190,553.81 Desktop Check Deposit
02/01 2,691.45 Desktop Check Deposit
02/01 40,722.41 Southern Califor Single 220201 SCG*Uut*Payment*20211222000070U011322\ 02/01 3,166.44 Cctm1 LLC Cci AP 820 220121 02613335
44**\Ref*PO*00514710\Dtm*003*220201\SE*8*0001\GE*
02/01 2,232.36 CC Tm PA LLC Cci AP 820 220121 02620350
36**\Ref*PO*00514644\Dtm*003*220201\SE*8*0001\GE*
02/01 313.02 Square Inc 220201P2 220201 L210690735071 City of Bell 02/01 18.45 Southern Califor Single 220201
Just*Energy*Uut*Payment*20211222000070U010922\
02/01 230.66 ZBA Funding Account Transfer From 4121929244 02/02 752.00 02/02Bankcard Deposit -0328029700
02/02 340.30 02/02Bankcard Deposit -0328029700
02/02 1,501.00 Desktop Check Deposit
02/02 10.92 Desktop Check Deposit
02/02 334,429.79 Sweep Transfer From Investment
02/03 2,091.31 02/03Bankcard Deposit -0328029700
02/03 1,234.89 02/03Bankcard Deposit -0328029700
02/03 6,155.57 Desktop Check Deposit
02/03 5,669.66 Active Network, Registrati 000000005844569 Rmr*IV*13351321**5669.66*5669.66*0\Ref*PO*RN 0011
02/03 1,649.14 LA County Gen-Pymt 220131 500110 NTE*202201315219606 *A2200425025 *500110
02/03 922.46 Square Inc 220203P2 220203 L210691381815 City of Bell 02/03 47,311.00 ZBA Funding Account Transfer From 4121929244 02/03 218,734.52 Sweep Transfer From Investment
02/04 63.00 02/04Bankcard Deposit -0328029700
02/04 26,434.07 Desktop Check Deposit
02/04 500.06 Square Inc 220204P2 220204 L210691721640 City of Bell 02/04 42,205.15 Sweep Transfer From Investment
02/07 33,168.88 Desktop Check Deposit
02/07 2,433.72 Square Inc 220207P2 220207 L210692314737 City of Bell 02/07 167.00 Square Inc 220207P2 220207 L210692314736 City of Bell 02/07 204,805.03 Sweep Transfer From Investment
02/08 62,788.73 Apport St of CA Apsapports 020322 388 Bell City Treasurer 02/08 146.00 02/08Bankcard Deposit -0328029700
02/08 60,280.21 Desktop Check Deposit
02/08 23,139.81 ZBA Funding Account Transfer From 4121929244 02/08 166,831.30 Sweep Transfer From Investment
02/09 401.55 02/09Bankcard Deposit -0328029700
02/09 104.00 02/09Bankcard Deposit -0328029700
02/09 6,056.13 Desktop Check Deposit
02/09 1,876.23 Square Inc 220209P2 220209 L210692830190 City of Bell 02/09 88,689.75 ZBA Funding Account Transfer From 4121929244 02/10 316.00 02/10Bankcard Deposit -0328029700
02/10 51,257.15 Desktop Check Deposit
02/10 3,422.92 Active Network, Registrati 000000005847472 Rmr*IV*13355756**251.74*251.74*0\Ref*PO*RN 001154
Sheet Seq = 0033311
Sheet 00002 of 00009

XXXXXXXXX

XXXXXXXX

Page 132 ends

Account number: 4159281427 February 1, 2022 - February 28, 2022 Page 3 of 9 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount
Transaction detail
02/10 2,294.33 Ce Solutions D Operating Fgwap0000560846 Caelectricityuut2201 02/10 180.32 Square Inc 220210P2 220210 L210693157421 City of Bell 02/10 64.98 Ce Solutions D Operating Fgwap0000560766 Cagasuut2201 02/10 4,080.07 ZBA Funding Account Transfer From 4121929244 02/10 35,058.07 Sweep Transfer From Investment
02/11 1,028.95 Square Inc 220211P2 220211 L210693495082 City of Bell 02/14 3,902.78 WT Fed#07869 Bank of America, N /Org=PMAm Corporation Aaf City of Bell Srf# 2022021400348585 Trn#220214074970 Rfb# Jan 22 Alarm Fee 02/14 4,702.00 Desktop Check Deposit
02/14 9.25 Desktop Check Deposit
02/14 441.72 Square Inc 220214P2 220214 L210694164911 City of Bell 02/14 37,635.11 Sweep Transfer From Investment
02/15 555.00 02/15Bankcard Deposit -0328029700
02/15 77.00 02/15Bankcard Deposit -0328029700
02/15 29,304.72 Desktop Check Deposit
02/15 680.38 Square Inc 220215P2 220215 L210694355839 City of Bell 02/15 51,798.31 Sweep Transfer From Investment
02/16 1,379.00 02/16Bankcard Deposit -0328029700
02/16 1,149.82 02/16Bankcard Deposit -0328029700
02/16 34,939.76 Desktop Check Deposit
02/16 119,432.14 Southern Califor EDI Paymts 2202100001 003*220101***20?Dtm*003*220131***20?SE*15*81506?G
02/16 7,985.95 Square Inc 220216P2 220216 L210694675623 City of Bell 02/17 3,823.05 02/17Bankcard Deposit -0328029700
02/17 2,442.88 02/17Bankcard Deposit -0328029700
02/17 9,147.95 Desktop Check Deposit
02/17 2,311.25 Active Network, Registrati 000000005849915 Rmr*IV*13361174**2311.25*2311.25*0\Ref*PO*RN 0011
02/17 283,132.41 Sweep Transfer From Investment
02/18 88.33 02/18Bankcard Deposit -0328029700
02/18 908.14 Desktop Check Deposit
02/18 313,724.79 LA County Gen-Pymt 220215 Pta-11600 NTE*202202155235470 *A2200447746 *Pta-11600
02/18 87,692.00 Lacounty Develop Payment 220218 0000000895 Rmr*IV*064514**0087692.00\ 02/18 5,104.35 Square Inc 220218P2 220218 L210695343011 City of Bell 02/18 1,500.00 Jpmorgan Chase B Payment
Rmr*IV*14699-0002636883**1500.00*1500.00*0.00\
02/22 56,301.92 Apport St of CA Apsapports 021622 388 Bell City Treasurer 02/22 513.00 02/22Bankcard Deposit -0328029700
02/22 63.00 02/22Bankcard Deposit -0328029700
02/22 6,973.00 Cbp Treas 310 Misc Pay 022222 xxxxx0508
Rmr*IV*Iceeqsh2019270400025801001*Pi*6973.00\
02/22 1,140.84 Square Inc 220221P2 220221 L210695988995 City of Bell 02/22 38,778.18 Sweep Transfer From Investment
02/23 51,226.31 Desktop Check Deposit
02/23 11,297.33 Desktop Check Deposit
02/23 1,326.70 Square Inc 220223P2 220223 L210696505875 City of Bell 02/24 290.55 02/24Bankcard Deposit -0328029700
02/24 114.00 02/24Bankcard Deposit -0328029700
Sheet Seq = 0033312
Sheet 00003 of 00009

XXXXXXXX

Page 133 ends

Account number: 4159281427 February 1, 2022 - February 28, 2022 Page 4 of 9 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount
Transaction detail
02/24 10.00 02/24Bankcard Deposit -0328029700
02/24 69,522.79 Desktop Check Deposit
02/24 4,401.31 Active Network, Registrati 000000005852802 Rmr*IV*13367619**4401.31*4401.31*0\Ref*PO*RN 0011
02/24 2,116.31 Amer Tower 1942 EDI Paymnt Feb 24 43Rent_40007220 8\GE*000001*041680985\Iea*00001*041680985\
02/24 1,226.13 Square Inc 220224P2 220224 L210696832615 City of Bell 02/24 101,736.86 Sweep Transfer From Investment
02/25 580,896.79 Bd of Equalizatn Boe-Locltx 022222 19005 City of Bell 02/25 649.33 02/25Bankcard Deposit -0328029700
02/25 353.55 02/25Bankcard Deposit -0328029700
02/25 1,930.61 Square Inc 220225P2 220225 L210697171830 City of Bell 02/28 1,244.08 Usb AP Payment AP Payment 0001-340281439 City of Bell 02/28 53,849.91 Desktop Check Deposit
02/28 5,803.12 Desktop Check Deposit
02/28 92,850.07 Lacmta Corp Pmt 1153635
2850.07~Dtm|003|20220215~SE|33|0210~GE|0001|12205
02/28 77,016.68 Lacmta Corp Pmt 1153636
7016.68~Dtm|003|20220215~SE|33|0454~GE|0001|12205
02/28 57,753.78 Lacmta Corp Pmt 1153637
7753.78~Dtm|003|20220215~SE|33|0138~GE|0001|12205
02/28 5,275.38 Lacmta Corp Pmt 1153634
|003|20220127~SE|35|0002~GE|0001|12205829~Iea|000
02/28 969.79 Square Inc 220228P2 220228 L210697823750 City of Bell 02/28 290.75 Square Inc 220228P2 220228 L210697823751 City of Bell 02/28 6,842.45 ZBA Funding Account Transfer From 4121929244 $3,916,906.30 Total electronic deposits/bank credits
$3,931,481.50 Total credits
Debits
Electronic debits/bank debits
Effective
date
Posted
date Amount
Transaction detail
02/01 51,280.08 Sweep Transfer to Investment
02/02 500,000.00 WT Seq126795 State Treasurers Office /Bnf=State of CA Laif Account Srf# Gw00000048277341 Trn#220201126795 Rfb# 2656
02/03 2,914.24 ACH Prep Origintn - General Fund - File 2956000677 Coid 2956000677 02/03 228,590.33 ZBA Funding Account Transfer to 4159281401 02/04 8,733.34 ZBA Funding Account Transfer to 4121929244 02/04 72,099.39 ZBA Funding Account Transfer to 4159281401 02/07 608.29 < Business to Business ACH Debit - Expertpay Expertpay xxxxx0677 City of Bell 02/07 14,602.54 ZBA Funding Account Transfer to 4121929244 02/07 22,719.28 ZBA Funding Account Transfer to 4159281401 02/08 16,048.12 WT Seq101362 City of Bell, Workers C /Bnf=City of Bell Srf# Gb00000048428176 Trn#220208101362 Rfb# 2657
02/08 6,678.01 WT Seq156623 City of Bell, Workers C /Bnf=City of Bell Srf# Gb00000048438986 Trn#220208156623 Rfb# 2658
02/08 135,396.17 < Business to Business ACH Debit - Calpers 1800 5686383552 100000016682543 Sheet Seq = 0033313
Sheet 00004 of 00009

XXXXXXXX

XXXXXXX

Page 134 ends

Account number: 4159281427 February 1, 2022 - February 28, 2022 Page 5 of 9 Prior account number: 145398000
Electronic debits/bank debits (continued)
Effective
date
Posted
date Amount
Transaction detail
02/08 2,980.58 < Business to Business ACH Debit - Calpers 1800 5686383552 100000016682554 02/08 1,429.26 ZBA Funding Account Transfer to 4159281401 02/09 87,287.04 Sweep Transfer to Investment
02/10 234.40 Bankcard Interchange Fee - 0328029700
02/10 8.97 Bankcard Discount Fee - 0328029700
02/10 8.38 Bankcard Discount Fee - 0328029700
02/10 8.32 Bankcard Discount Fee - 0328029700
02/10 5.48 Bankcard Fee - 0328029700
02/10 0.96 Bankcard Discount Fee - 0328029700
02/10 16,988.76 < Business to Business ACH Debit - Calpers 3100 5686383552 100000016644715 02/10 14,400.18 < Business to Business ACH Debit - Calpers 3100 5686383552 100000016644764 02/10 14,328.68 < Business to Business ACH Debit - Calpers 3100 5686383552 100000016644851 02/10 12,721.26 < Business to Business ACH Debit - Calpers 3100 5686383552 100000016644898 02/10 5,399.24 < Business to Business ACH Debit - Calpers 3100 5686383552 100000016644807 02/11 1,142.92 Client Analysis Srvc Chrg 220210 Svc Chge 0122 000004159281427 02/11 273.71 ZBA Funding Account Transfer to 4121929244 02/11 583.63 ZBA Funding Account Transfer to 4159281401 02/11 44,600.84 Sweep Transfer to Investment
02/14 1,486.87 ZBA Funding Account Transfer to 4121929244 02/15 4,106.67 WT Seq157882 City of Bell, Workers C /Bnf=City of Bell Srf# Gb00000048586100 Trn#220215157882 Rfb# 2659
02/15 7,238.59 < Business to Business ACH Debit - Wright Express Fleet Debi 220214 9100005154093 City of Bell (3)
02/15 97.02 ZBA Funding Account Transfer to 4121929244
02/16 18,766.28 ZBA Funding Account Transfer to 4121929244 02/16 107,236.24 Sweep Transfer to Investment
02/17 2,914.24 ACH Prep Origintn - General Fund - File 2956000677 Coid 2956000677 02/17 1,091.32 ZBA Funding Account Transfer to 4121929244 02/17 228,158.69 ZBA Funding Account Transfer to 4159281401 02/18 24,399.17 ZBA Funding Account Transfer to 4121929244 02/18 70,612.70 ZBA Funding Account Transfer to 4159281401 02/18 289,152.13 Sweep Transfer to Investment
02/22 608.29 < Business to Business ACH Debit - Expertpay Expertpay xxxxx0677 City of Bell 02/22 15,546.50 ZBA Funding Account Transfer to 4121929244 02/22 22,044.53 ZBA Funding Account Transfer to 4159281401 02/23 7,168.96 WT Seq127930 City of Bell, Workers C /Bnf=City of Bell Srf# Gb00000048751543 Trn#220223127930 Rfb# 2661
02/23 7,412.77 ZBA Funding Account Transfer to 4121929244 02/23 18,344.23 Sweep Transfer to Investment
02/24 14,232.25 WT Fed#03796 US Bank, NA /Ftr/Bnf=U.S. Bank National Association Srf# Gw00000048788001 Trn#220224140117 Rfb# 2662
02/24 3,643.90 < Business to Business ACH Debit - AFLAC Insurance 022222 Vw090220144 City of Bell
02/24 320.00 ZBA Funding Account Transfer to 4121929244 02/25 16,977.80 < Business to Business ACH Debit - Calpers 3100 5686383552 100000016672431 02/25 13,471.03 < Business to Business ACH Debit - Calpers 3100 5686383552 100000016672461 02/25 13,268.95 < Business to Business ACH Debit - Calpers 3100 5686383552 100000016672534 02/25 12,609.59 < Business to Business ACH Debit - Calpers 3100 5686383552 100000016672558 02/25 4,788.65 < Business to Business ACH Debit - Calpers 3100 5686383552 100000016672503 Sheet Seq = 0033314
Sheet 00005 of 00009

XXXXXXXXX

XXXXXXXX

Page 135 ends

Account number: 4159281427 February 1, 2022 - February 28, 2022 Page 6 of 9 Prior account number: 145398000
Electronic debits/bank debits (continued)
Effective
date
Posted
date Amount
Transaction detail
02/25 1,381.41 ZBA Funding Account Transfer to 4121929244 02/25 579,493.68 Sweep Transfer to Investment
02/28 465.39 ZBA Funding Account Transfer to 4159281401 02/28 3,008.76 Sweep Transfer to Investment
$2,752,119.01 Total electronic debits/bank debits
< Business to Business ACH: If this is a business account, this transaction has a return time frame of one business day from post date. This time frame does not apply to consumer accounts.

Checks paid
Number Amount Date Number Amount Date Number Amount Date 7808 270.85 02/14
77574 * 96.00 02/09
77849 * 169.56 02/08
77878 * 100.00 02/22
77879 516.00 02/22
77892 * 14,459.10 02/08
77938 * 1,552.58 02/07
77939 13.45 02/09
77940 1,867.83 02/07
77941 1,687.66 02/09
77942 3,500.00 02/11
77943 438.54 02/09
77944 1,866.39 02/07
77946 * 128.00 02/17
77947 45.17 02/24
77948 3,217.00 02/03
77949 1,300.00 02/07
77950 30.00 02/14
77951 485.19 02/09
77952 104.00 02/07
77953 760.48 02/17
77954 1,468.75 02/07
77955 234.92 02/14
77956 141.83 02/11
77957 26.63 02/08
77958 356.50 02/07
77959 500.00 02/10
77960 48.16 02/11
77961 4,659.24 02/14
77962 260.00 02/10
77963 1,695.00 02/16
77964 5,061.96 02/08
77965 17,222.00 02/07
77966 15,853.50 02/02
77967 92.12 02/10
77968 80.95 02/24
77969 398.26 02/07
77971 * 685.00 02/10
77972 250.00 02/08
77973 1,042.00 02/16
77974 1,851.53 02/07
77975 3,885.89 02/07
77976 75.00 02/03
77977 445.73 02/09
77978 8,324.00 02/07
77979 19,858.19 02/10
77980 63,532.60 02/17
77981 2,756.33 02/07
77982 32,836.50 02/08
77985 * 20,687.62 02/01
77986 62.00 02/10
77987 2,669.70 02/01
77989 * 2,566.39 02/01
77990 4,028.61 02/01
77991 886.79 02/02
77993 * 130.00 02/03
77997 * 1,437.92 02/08
77999 * 1,022.70 02/02
78000 828.38 02/01
78001 118.63 02/01
78002 403.65 02/07
78004 * 721.88 02/07
78005 51,299.84 02/07
78008 * 6,415.50 02/11
78009 14,200.00 02/10
78010 42,065.27 02/08
78011 20,992.00 02/10
78012 14,098.65 02/09
78013 86,609.13 02/07
78015 * 4,222.06 02/04
78017 * 50.00 02/07
78018 135.00 02/03
78020 * 1,750.00 02/15
78021 132.00 02/14
78023 * 15.34 02/22
78024 2,529.80 02/01
78026 * 615.00 02/15
78027 1,333.07 02/16
78028 379.63 02/03
78029 322.00 02/16
78030 57.95 02/04
78031 952.54 02/02
78033 * 68.36 02/11
78035 * 10.98 02/14
78036 329.35 02/03
78037 50.00 02/01
78038 450.00 02/04
78041 * 65.00 02/07
78043 * 191.61 02/02
78044 55.00 02/03
78045 800.00 02/17
78047 * 232.22 02/07
78048 50.28 02/04
78050 * 530.00 02/23
78051 10.98 02/14
78053 * 1,223.30 02/15
78054 38.88 02/02
78055 75.00 02/04
78056 2,000.00 02/01
78057 150.00 02/04
78058 15.34 02/28
78061 * 797.01 02/01
78062 515.34 02/16
78063 201.90 02/04
78064 546.00 02/04
78065 542.50 02/01
78066 455.99 02/02
78067 50.00 02/03
78070 * 45.00 02/14
78072 * 9,375.00 02/02
78073 2,080.38 02/07
78074 2,293.16 02/08
78075 6,480.69 02/07
78076 12.81 02/08
Sheet Seq = 0033315
Sheet 00006 of 00009

XXXXXXXXX

XXXXXXXX

Page 136 ends

Account number: 4159281427 February 1, 2022 - February 28, 2022 Page 7 of 9 Prior account number: 145398000
Checks paid (continued)
Number Amount Date Number Amount Date Number Amount Date 78077 35.00 02/10
78078 65.00 02/14
78080 * 106.26 02/07
78081 2,810.50 02/07
78083 * 1,070.51 02/10
78084 616.13 02/07
78085 348.67 02/07
78086 13,288.80 02/15
78087 35.67 02/17
78088 318.39 02/10
78089 5,576.36 02/04
78090 3,433.11 02/07
78091 325.00 02/08
78092 2,375.84 02/14
78093 1,875.00 02/17
78094 3,500.00 02/15
78095 77.91 02/16
78096 2,196.25 02/14
78097 101.84 02/23
78100 * 2,600.00 02/14
78101 220.50 02/24
78102 500.00 02/14
78103 190.00 02/16
78104 240.00 02/18
78105 783.44 02/15
78106 180.00 02/14
78108 * 270.85 02/15
78110 * 359.42 02/18
78111 67.04 02/18
78112 40.50 02/22
78113 251.00 02/16
78114 265.00 02/23
78115 1,213.43 02/16
78116 1,737.42 02/16
78117 310.00 02/18
78119 * 1,848.36 02/15
78120 3,735.00 02/14
78122 * 398.26 02/14
78123 325.00 02/17
78125 * 2,455.00 02/14
78126 300.00 02/24
78127 20,817.61 02/18
78128 8,414.55 02/15
78129 5,664.39 02/24
78130 32,069.69 02/17
78131 16,000.00 02/22
78132 16,625.00 02/23
78133 8,324.00 02/14
78134 42,065.27 02/22
78137 * 1,444.75 02/15
78138 4,016.98 02/15
78141 * 2,991.96 02/18
78142 2,079.00 02/14
78143 13.98 02/15
78144 1,010.37 02/17
78145 2,813.79 02/15
78146 552.00 02/16
78147 1,431.30 02/22
78148 1,840.95 02/14
78149 160.00 02/16
78150 118.63 02/15
78151 107.30 02/16
78152 353.21 02/14
78153 1,357.58 02/18
78154 3,713.51 02/14
78155 93.88 02/16
78156 1,313.28 02/15
78157 8,448.55 02/16
78158 20,807.36 02/15
78162 * 309.91 02/15
78163 150.00 02/25
78164 113.93 02/17
78165 3,212.55 02/17
78166 11,131.24 02/24
78167 19,860.02 02/24
78168 8,328.54 02/22
78169 198,167.49 02/28
78172 * 7,050.00 02/25
78175 * 62,414.82 02/24
78176 31,490.00 02/28
78177 531.85 02/22
78179 * 150.00 02/22
78180 2,599.22 02/22
78183 * 33.00 02/24
78184 30.00 02/23
78186 * 620.87 02/22
78187 810.10 02/22
78188 643.45 02/22
78191 * 111.24 02/24
78192 1,250.00 02/25
78194 * 56.00 02/24
78196 * 1,303.60 02/22
78197 298.00 02/28
78199 * 1,321.00 02/24
78200 347.16 02/25
78202 * 120.00 02/25
78203 301.47 02/24
78204 1,250.00 02/23
78205 114.69 02/23
78207 * 496.36 02/23
78208 324.58 02/22
78210 * 100.00 02/28
78211 100.00 02/22
78212 32.30 02/23
78213 917.68 02/23
78214 243.00 02/23
78215 4,022.00 02/28
78216 155.63 02/25
78217 1,966.51 02/23
78218 1,393.38 02/25
78227 * 50.00 02/28
78236 * 596.78 02/28
78242 * 7,745.25 02/28
78265 * 1,859.00 02/28
$1,164,949.49 Total checks paid
* Gap in check sequence.
$3,917,068.50 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
01/31 89,665.00
02/01 243,244.00
02/02 51,501.00
02/03 99,394.00
02/04 76,434.00
02/07 80,867.00
Sheet Seq = 0033316
Sheet 00007 of 00009

XXXXXXXX

Page 137 ends

Account number: 4159281427 February 1, 2022 - February 28, 2022 Page 8 of 9 Prior account number: 145398000
Daily ledger balance summary (continued)
Date Balance Date Balance Date Balance
02/08 132,583.00
02/09 131,250.00
02/10 105,746.00
02/11 50,000.00
02/14 58,994.00
02/15 67,705.00
02/16 91,942.00
02/17 56,772.00
02/18 55,482.00
02/22 50,000.00
02/23 58,352.00
02/24 118,034.00
02/25 50,000.00
02/28 104,078.00
Average daily ledger balance $78,641.53
Addendum to Wells Fargo Commercial Account Agreement
Effective March 18, 2022, Wells Fargo is updating the descriptions of its procedures in Wells Fargo's Commercial Account Agreement (and the other agreements governing your commercial deposit account) for determining your account's available balance, posting transactions to your account, and overdrawing your account. In the event of a conflict between this update and any other agreements governing your deposit account, this update will control.

Except as expressly modified by this Addendum, these agreements remain in full force and effect.

In the Wells Fargo Commercial Account Agreement, delete the provision titled "Available balance, posting order, and overdrafts" (and similar provisions in other agreements governing your Wells Fargo commercial deposit account) and replace them with the following:

Available balance, posting order, and overdrafts
How do we determine your account's available balance?
Your account's available balance is our most current record of the amount of money in your account available for your use or withdrawal. We use the available balance to process your transactions during the day (e.g., wire transfers and other electronic transactions). We also use the available balance when we process your transactions during our nightly processing. We calculate your available balance as follows:
- We start with the ending daily account balance from our prior business day nightly processing that includes all transactions deposited to or paid from your account.
- We subtract from this balance any holds placed on a deposit to your account and any holds placed due to legal process.
- We add pending deposits that are immediately available for your use (including cash deposits, electronic deposits, and the portion of a paper check deposit we make available; see "Funds availability policy" section for details). - We subtract pending withdrawals we have either received (such as wire transfers and other electronic transactions) or are known to us (such as your checks we receive for payment from your account) but have not processed.

How do we post transactions to your account?
We post transactions each business day (Monday through Friday except federal holidays) during our nightly processing. Once we process a transaction, we post the results to your account. There are three key steps to this process. The most common types of transactions are processed as described below.

1. We determine the available balance in your account (as described above) that we can use to pay your transactions.

2. We sort your transactions into three categories: deposits, "must-pay" transactions, and checks and certain ACH payments.
- Deposits. We credit your account for deposits, including cash and check deposits and incoming electronic transfers, received before the cutoff time at the location the deposit or transfer was made. - "Must-pay" transactions. A "must-pay" transaction is a withdrawal/payment we have previously authorized and cannot return unpaid, such as account transfers, and teller-cashed checks. If we receive more than one of these transactions for payment from your account, we will generally sort and pay them based on the date and time we received them. Multiple transactions that have the same time will be sorted and paid from lowest to highest dollar amount.
- Checks and certain ACH payments. Finally, we use your remaining funds to pay your checks and preauthorized ACH payments (such as bills you pay by authorizing a third party to withdraw funds directly from your account). If there is more than one of these types of transactions, they will be sorted by the date and time we received them. Multiple transactions that have the same time will be sorted and paid from lowest to highest dollar amount.

3. If the available balance in your account is not enough to pay all of your transactions, we will decide whether to pay your transaction and overdraw your account or return your transaction unpaid.

Sheet Seq = 0033317
Sheet 00008 of 00009

XXXXXXXXX

XXXXXXXX

Page 138 ends

Account number: 4159281427 February 1, 2022 - February 28, 2022 Page 9 of 9 Prior account number: 145398000
- Important Note: When we receive multiple transactions on the same day and the available balance in your account is not enough to pay all the transactions, we reserve the right to choose the order in which we pay the transactions, including paying the highest dollar amount first or in any other order we determine in our sole discretion.

How do we handle overdrafts?
At our discretion, we are permitted to pay items into overdraft rather than returning them unpaid. You agree to pay the applicable fee associated with an overdraft or returned item. Any overdraft on your account is immediately due and payable, unless we agree otherwise in writing. You agree to reimburse us for any attorneys' fees and other costs and expenses we incur in recovering the overdraft (including overdraft and associated fees). When we post items in the order of highest to lowest dollar amount, the overdraft and returned item fees may be more than these fees would be if we were to post the items in the order of lowest to highest dollar amount.

Sheet Seq = 0033318
Sheet 00009 of 00009

XXXXXXXXX

XXXXXXX

Page 139 ends

Commercial Checking Acct Public Funds
Account number: 4121929244 February 1, 2022 - February 28, 2022 Page 1 of 4 ©2010 Wells Fargo Bank, N.A.

CITY OF BELL
BCHA
6330 PINE AVE
BELL CA 90201-1221
Account summary
Commercial Checking Acct Public Funds
Account number Beginning balance Total credits Total debits Ending balance 4121929244 $0.00 $311,974.35 -$311,974.35 $0.00
Credits
Deposits
Effective
date
Posted
date Amount
Transaction detail
02/22 5,550.00 Deposit
$5,550.00 Total deposits
Electronic deposits/bank credits
Effective
date
Posted
date Amount
Transaction detail
02/01 383.00 121108250 Ccddeposit 220201 xxxxx0548 Bell Community Housing 02/03 55,915.01 Desktop Check Deposit
02/04 8,733.34 ZBA Balance Account Transfer From 4159281427 02/07 14,602.54 ZBA Balance Account Transfer From 4159281427 02/08 31,988.35 Desktop Check Deposit
02/09 88,689.75 Desktop Check Deposit
02/10 8,901.31 Desktop Check Deposit
02/11 273.71 ZBA Balance Account Transfer From 4159281427 02/14 3,162.85 Desktop Check Deposit
02/14 1,524.92 Desktop Check Deposit
02/14 1,486.87 ZBA Balance Account Transfer From 4159281427 02/15 97.02 ZBA Balance Account Transfer From 4159281427 02/16 8,117.07 Desktop Check Deposit
02/16 18,766.28 ZBA Balance Account Transfer From 4159281427 02/17 1,091.32 ZBA Balance Account Transfer From 4159281427 02/18 6,481.16 Desktop Check Deposit
02/18 24,399.17 ZBA Balance Account Transfer From 4159281427 02/22 15,546.50 ZBA Balance Account Transfer From 4159281427 02/23 7,412.77 ZBA Balance Account Transfer From 4159281427 Sheet Seq = 0025654
Sheet 00001 of 00004

XXXXXXXXX

XXXXXXXX

Page 140 ends

Account number: 4121929244 February 1, 2022 - February 28, 2022 Page 2 of 4 Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount
Transaction detail
02/24 320.00 ZBA Balance Account Transfer From 4159281427 02/25 1,381.41 ZBA Balance Account Transfer From 4159281427 02/28 7,150.00 Desktop Check Deposit
$306,424.35 Total electronic deposits/bank credits
$311,974.35 Total credits
Debits
Electronic debits/bank debits
Effective
date
Posted
date Amount
Transaction detail
02/01 230.66 ZBA Balance Account Transfer to 4159281427 02/03 47,311.00 ZBA Balance Account Transfer to 4159281427 02/08 23,139.81 ZBA Balance Account Transfer to 4159281427 02/09 88,689.75 ZBA Balance Account Transfer to 4159281427 02/10 4,080.07 ZBA Balance Account Transfer to 4159281427 02/28 6,842.45 ZBA Balance Account Transfer to 4159281427 $170,293.74 Total electronic debits/bank debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 7833 203.71 02/11
7834 6,928.44 02/08
7835 2,540.00 02/07
7836 837.21 02/10
7837 452.32 02/07
7838 8,154.00 02/07
7839 1,071.00 02/07
7840 18,432.20 02/16
7841 320.00 02/16
7842 70.00 02/11
7844 * 107.26 02/01
7845 45.08 02/01
7846 8,604.01 02/03
7847 1,920.10 02/08
7849 * 1,509.43 02/07
7850 50.97 02/10
7851 11.63 02/07
7852 864.16 02/07
7853 3,933.06 02/10
7854 40.84 02/04
7855 8,692.50 02/04
7856 29,295.20 02/18
7857 52.02 02/15
7858 45.00 02/15
7859 1,585.13 02/18
7860 8,131.15 02/16
7861 6,716.40 02/22
7862 9,219.10 02/22
7863 6,174.64 02/14
7865 * 1,091.32 02/17
7866 776.78 02/22
7868 * 307.55 02/28
7869 307.22 02/22
7870 4,077.00 02/22
7871 1,071.00 02/23
7872 320.00 02/24
7873 55.50 02/23
7875 * 1,381.41 02/25
7876 6,286.27 02/23
$141,680.61 Total checks paid
* Gap in check sequence.
$311,974.35 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
01/31 0.00
02/01 0.00
02/03 0.00
02/04 0.00
02/07 0.00
02/08 0.00
02/09 0.00
02/10 0.00
02/11 0.00
Sheet Seq = 0025655
Sheet 00002 of 00004

XXXXXXXX

Page 141 ends

Account number: 4121929244 February 1, 2022 - February 28, 2022 Page 3 of 4 Daily ledger balance summary (continued)
Date Balance Date Balance Date Balance
02/14 0.00
02/15 0.00
02/16 0.00
02/17 0.00
02/18 0.00
02/22 0.00
02/23 0.00
02/24 0.00
02/25 0.00
02/28 0.00
Average daily ledger balance $0.00
Addendum to Wells Fargo Commercial Account Agreement
Effective March 18, 2022, Wells Fargo is updating the descriptions of its procedures in Wells Fargo's Commercial Account Agreement (and the other agreements governing your commercial deposit account) for determining your account's available balance, posting transactions to your account, and overdrawing your account. In the event of a conflict between this update and any other agreements governing your deposit account, this update will control.

Except as expressly modified by this Addendum, these agreements remain in full force and effect.

1. We determine the available balance in your account (as described above) that we can use to pay your transactions.

3. If the available balance in your account is not enough to pay all of your transactions, we will decide whether to pay your transaction and overdraw your account or return your transaction unpaid.

Sheet Seq = 0025656
Sheet 00003 of 00004

XXXXXXXXX

Page 142 ends

Account number: 4121929244 February 1, 2022 - February 28, 2022 Page 4 of 4 - Important Note: When we receive multiple transactions on the same day and the available balance in your account is not enough to pay all the transactions, we reserve the right to choose the order in which we pay the transactions, including paying the highest dollar amount first or in any other order we determine in our sole discretion.

Sheet Seq = 0025657
Sheet 00004 of 00004

XXXXXXXXX

Page 143 ends

Choice IV-Public Funds {NIB}
Account number: 4159281401 February 1, 2022 - February 28, 2022 Page 1 of 3 Prior account number: 145098007
©2010 Wells Fargo Bank, N.A.

CITY OF BELL

PAYROLL ACCOUNT

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account summary
Choice IV-Public Funds {NIB}
Account number Beginning balance Total credits Total debits Ending balance 4159281401 $0.00 $646,703.20 -$646,703.20 $0.00
Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount
Transaction detail
02/03 228,590.33 ZBA Balance Account Transfer From 4159281427 02/04 72,099.39 ZBA Balance Account Transfer From 4159281427 02/07 22,719.28 ZBA Balance Account Transfer From 4159281427 02/08 1,429.26 ZBA Balance Account Transfer From 4159281427 02/11 583.63 ZBA Balance Account Transfer From 4159281427 02/17 228,158.69 ZBA Balance Account Transfer From 4159281427 02/18 70,612.70 ZBA Balance Account Transfer From 4159281427 02/22 22,044.53 ZBA Balance Account Transfer From 4159281427 02/28 465.39 ZBA Balance Account Transfer From 4159281427 $646,703.20 Total electronic deposits/bank credits
$646,703.20 Total credits
Debits
Electronic debits/bank debits
Effective
date
Posted
date Amount
Transaction detail
02/03 228,590.33 ACH Prep Origintn - City of Bell Pay - File 1956000677 Coid 1956000677 02/04 70,531.16 < Business to Business ACH Debit - IRS Usataxpymt 020422 270243554858309 City of Bell
02/07 13,655.38 < Business to Business ACH Debit - Employment Devel EDD Eftpmt 80097165 Txp*80097165*01102*220204*T*000*T*1365538*T*13655
02/07 8,498.51 < Business to Business ACH Debit - Voya NAT Trst182 Spnsr P/R 220204 664486 0001 City of Bell
02/17 228,158.69 ACH Prep Origintn - City of Bell Pay - File 1956000677 Coid 1956000677 Sheet Seq = 0033307
Sheet 00001 of 00003

XXXXXXXX
xxxxxxxxx
xxxxxxxxx

Page 144 ends

Account number: 4159281401 February 1, 2022 - February 28, 2022 Page 2 of 3 Prior account number: 145098007
Electronic debits/bank debits (continued)
Effective
date
Posted
date Amount
Transaction detail
02/18 593.49 WT Fed#09856 Jpmorgan Chase Ban /Ftr/Bnf=NEW York Life Insurance Srf# Gw00000048673569 Trn#220218110711 Rfb# 2660
02/18 70,019.21 < Business to Business ACH Debit - IRS Usataxpymt 021822 270244901599256 City of Bell
02/22 13,306.92 < Business to Business ACH Debit - Employment Devel EDD Eftpmt 80097165 Txp*80097165*01102*220218*T*000*T*1330692*T*13306
02/22 8,023.51 < Business to Business ACH Debit - Voya NAT Trst182 Spnsr P/R 220218 664486 0001 City of Bell
$641,377.20 Total electronic debits/bank debits
< Business to Business ACH: If this is a business account, this transaction has a return time frame of one business day from post date. This time frame does not apply to consumer accounts.

Checks paid
Number Amount Date Number Amount Date Number Amount Date 40704 152.38 02/07
40705 459.38 02/04
40706 413.01 02/07
40707 423.31 02/04
40709 * 402.28 02/08
40710 498.46 02/08
40711 583.63 02/11
40712 528.52 02/08
40713 685.54 02/04
40715 * 465.39 02/28
40716 714.10 02/22
$5,326.00 Total checks paid
* Gap in check sequence.
$646,703.20 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
01/31 0.00
02/03 0.00
02/04 0.00
02/07 0.00
02/08 0.00
02/11 0.00
02/17 0.00
02/18 0.00
02/22 0.00
02/28 0.00
Average daily ledger balance $0.00
Addendum to Wells Fargo Commercial Account Agreement
Effective March 18, 2022, Wells Fargo is updating the descriptions of its procedures in Wells Fargo's Commercial Account Agreement (and the other agreements governing your commercial deposit account) for determining your account's available balance, posting transactions to your account, and overdrawing your account. In the event of a conflict between this update and any other agreements governing your deposit account, this update will control.

Except as expressly modified by this Addendum, these agreements remain in full force and effect.

Available balance, posting order, and overdrafts
How do we determine your account's available balance?
Sheet Seq = 0033308
Sheet 00002 of 00003
xxxxxxxxxx

XXXXXXX

Page 145 ends

Account number: 4159281401 February 1, 2022 - February 28, 2022 Page 3 of 3 Prior account number: 145098007
Your account's available balance is our most current record of the amount of money in your account available for your use or withdrawal. We use the available balance to process your transactions during the day (e.g., wire transfers and other electronic transactions). We also use the available balance when we process your transactions during our nightly processing. We calculate your available balance as follows:
- We start with the ending daily account balance from our prior business day nightly processing that includes all transactions deposited to or paid from your account.
- We subtract from this balance any holds placed on a deposit to your account and any holds placed due to legal process.
- We add pending deposits that are immediately available for your use (including cash deposits, electronic deposits, and the portion of a paper check deposit we make available; see "Funds availability policy" section for details). - We subtract pending withdrawals we have either received (such as wire transfers and other electronic transactions) or are known to us (such as your checks we receive for payment from your account) but have not processed.

1. We determine the available balance in your account (as described above) that we can use to pay your transactions.

3. If the available balance in your account is not enough to pay all of your transactions, we will decide whether to pay your transaction and overdraw your account or return your transaction unpaid. - Important Note: When we receive multiple transactions on the same day and the available balance in your account is not enough to pay all the transactions, we reserve the right to choose the order in which we pay the transactions, including paying the highest dollar amount first or in any other order we determine in our sole discretion.

Sheet Seq = 0033309
Sheet 00003 of 00003

XXXXXXXXX

XXXXXXXX

Page 146 ends

Choice IV-Public Funds {NIB}
Account number: 4159804517 February 1, 2022 - February 28, 2022 Page 1 of 3 Prior account number: 145701262
©2010 Wells Fargo Bank, N.A.

CITY OF BELL

WORKERS COMPENSATION

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account summary
Choice IV-Public Funds {NIB}
Account number Beginning balance Total credits Total debits Ending balance 4159804517 $70,819.20 $34,001.76 -$52,902.25 $51,918.71 Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount
Transaction detail
02/08 16,048.12 WT Seq101362 City of Bell /Org=City of Bell Srf# Gb00000048428176 Trn#220208101362 Rfb# 2657
02/08 6,678.01 WT Seq156623 City of Bell /Org=City of Bell Srf# Gb00000048438986 Trn#220208156623 Rfb# 2658
02/15 4,106.67 WT Seq157882 City of Bell /Org=City of Bell Srf# Gb00000048586100 Trn#220215157882 Rfb# 2659
02/23 7,168.96 WT Seq127930 City of Bell /Org=City of Bell Srf# Gb00000048751543 Trn#220223127930 Rfb# 2661
$34,001.76 Total electronic deposits/bank credits
$34,001.76 Total credits
Debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 15579 396.37 02/01
15724 * 89.60 02/10
15731 * 21,789.53 02/02
15732 348.32 02/15
15740 * 193.35 02/04
15741 556.75 02/04
15742 920.15 02/04
15743 490.00 02/02
15744 665.00 02/02
15746 * 98.00 02/04
15747 168.00 02/04
15753 * 382.94 02/02
15754 382.94 02/02
15756 * 154.57 02/04
15758 * 580.00 02/01
15760 * 182.23 02/10
15761 126.83 02/04
15763 * 250.00 02/17
15764 13.43 02/03
15765 13.43 02/03
15766 147.61 02/03
15767 153.46 02/03
15768 274.24 02/03
15769 156.37 02/03
15770 955.03 02/01
15771 154.83 02/01
15772 580.00 02/09
Sheet Seq = 0039944
Sheet 00001 of 00003

XXXXXXXX

Page 147 ends

Account number: 4159804517 February 1, 2022 - February 28, 2022 Page 2 of 3 Prior account number: 145701262
Checks paid (continued)
Number Amount Date Number Amount Date Number Amount Date 15774 * 347.28 02/04
15775 220.00 02/07
15776 98.00 02/11
15777 781.38 02/03
15778 281.30 02/23
15779 281.30 02/23
15780 68.40 02/03
15781 33.00 02/07
15782 90.15 02/10
15783 161.01 02/10
15784 275.34 02/09
15785 294.83 02/07
15787 * 254.66 02/10
15788 580.00 02/15
15789 113.07 02/11
15790 409.98 02/10
15791 198.43 02/10
15792 300.00 02/15
15793 283.71 02/08
15794 194.40 02/15
15795 98.00 02/18
15796 98.00 02/18
15797 79.72 02/10
15798 13.66 02/22
15799 8.52 02/22
15800 150.39 02/10
15801 580.00 02/22
15802 161.01 02/17
15803 63.28 02/14
15804 1,354.50 02/22
15805 128.34 02/22
15806 175.68 02/25
15807 89.40 02/25
15808 383.07 02/15
15809 580.00 02/17
15811 * 511.00 02/23
15812 511.00 02/23
15813 562.10 02/23
15814 15.02 02/22
15815 186.52 02/17
15816 2,610.00 02/22
15818 * 23.65 02/17
15820 * 254.66 02/24
15821 161.01 02/25
15822 83.88 02/22
15823 15.02 02/28
15824 19.43 02/28
15825 9.32 02/28
15828 * 147.07 02/24
15829 224.53 02/28
15830 449.44 02/28
15831 132.86 02/28
15832 161.76 02/28
15833 200.14 02/24
15834 4,836.52 02/28
15838 * 990.52 02/28
15839 580.00 02/28
15840 699.93 02/28
15842 * 64.08 02/28
$52,902.25 Total checks paid
* Gap in check sequence.
$52,902.25 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
01/31 70,819.20
02/01 68,732.97
02/02 45,022.56
02/03 43,414.24
02/04 40,849.31
02/07 40,301.48
02/08 62,743.90
02/09 61,888.56
02/10 60,272.39
02/11 60,061.32
02/14 59,998.04
02/15 62,298.92
02/17 61,097.74
02/18 60,901.74
02/22 56,107.82
02/23 61,130.08
02/24 60,528.21
02/25 60,102.12
02/28 51,918.71
Average daily ledger balance $56,585.70
Addendum to Wells Fargo Commercial Account Agreement
Effective March 18, 2022, Wells Fargo is updating the descriptions of its procedures in Wells Fargo's Commercial Account Agreement (and the other agreements governing your commercial deposit account) for determining your account's available balance, posting transactions to your account, and overdrawing your account. In the event of a conflict between this update and any other agreements governing your deposit account, this update will control.

Except as expressly modified by this Addendum, these agreements remain in full force and effect.

Sheet Seq = 0039945
Sheet 00002 of 00003

XXXXXXXXX

XXXXXXXX

Page 148 ends

Account number: 4159804517 February 1, 2022 - February 28, 2022 Page 3 of 3 Prior account number: 145701262
Available balance, posting order, and overdrafts
How do we determine your account's available balance?
Your account's available balance is our most current record of the amount of money in your account available for your use or withdrawal. We use the available balance to process your transactions during the day (e.g., wire transfers and other electronic transactions). We also use the available balance when we process your transactions during our nightly processing. We calculate your available balance as follows:
- We start with the ending daily account balance from our prior business day nightly processing that includes all transactions deposited to or paid from your account.
- We subtract from this balance any holds placed on a deposit to your account and any holds placed due to legal process.
- We add pending deposits that are immediately available for your use (including cash deposits, electronic deposits, and the portion of a paper check deposit we make available; see "Funds availability policy" section for details). - We subtract pending withdrawals we have either received (such as wire transfers and other electronic transactions) or are known to us (such as your checks we receive for payment from your account) but have not processed.

1. We determine the available balance in your account (as described above) that we can use to pay your transactions.

Sheet Seq = 0039946
Sheet 00003 of 00003

XXXXXXXXX

XXXXXXX

Page 149 ends

Feb 0.278
Jan 0.234
Dec 0.212
PMIA Quarter to Date(1): 0.21%
340PMIA Average Life(1):

0.23LAIF Apportionment Rate(2):

0.00000625812849570

0.997439120
LAIF Earnings Ratio(2):

LAIF Fair Value Factor(1):

PMIA Daily(1): 0.22%
Treasuries

65.86%
Agencies

18.33%
Certificates of
Deposit/Bank Notes

7.03%
Time
Deposits

1.99%
Commercial
Paper

6.21%
Corporate
Bonds

0.21%
Loans

0.37%
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 03/08/22
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 12/31/21
Chart does not include $5,920,000.00 in mortgages, which equatesto 0.003%. Percentages may not total 100% due to rounding.

Pooled Money Investment Account
Monthly Portfolio Composition (1)
02/28/22
$199.1 billion

Page 150 ends

Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
March 01, 2022
LAIF Home
PMIA Average Monthly
Yields
Account Number: 65-19-011
February 2022 Statement
Tran Type Definitions
Account Summary
Total Deposit: 0.00 Beginning Balance: 1,168,000.36
Total Withdrawal: 0.00 Ending Balance: 1,168,000.36

S/A CITY OF BELL FOR CITY OF BELL

COMMUNITY REDEVELOPMENT AGENCY

FINANCE DIRECTOR
6330 PINE A VENUE
BELL, CA 90201
XXXXXX

Page 151 ends

Choice IV-Public Funds {NIB}
Account number: 4159281450 February 1, 2022 - February 28, 2022 Page 1 of 2 Prior account number: 145998008
©2010 Wells Fargo Bank, N.A.

CITY OF BELL

SUCCESSOR AGENCY

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account summary
Choice IV-Public Funds {NIB}
Account number Beginning balance Total credits Total debits Ending balance 4159281450 $291,105.73 $22,260.00 -$155,819.32 $157,546.41 Credits
Deposits
Effective
date
Posted
date Amount
Transaction detail
02/16 22,260.00 Deposit
$22,260.00 Total deposits
$22,260.00 Total credits
Debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 5988 137,500.00 02/08
5989 40.67 02/07
5990 3.28 02/10
5991 0.75 02/07
5992 7,536.40 02/18
5993 6,330.00 02/14
5994 1.97 02/18
5995 4,406.25 02/23
$155,819.32 Total checks paid
$155,819.32 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
01/31 291,105.73
02/07 291,064.31
02/08 153,564.31
02/10 153,561.03
02/14 147,231.03
02/16 169,491.03
02/18 161,952.66
02/23 157,546.41
Average daily ledger balance $190,984.18
Sheet Seq = 0033319
Sheet 00001 of 00002

XXXXXXXXX

XXXXXXXX

Page 152 ends

Account number: 4159281450 February 1, 2022 - February 28, 2022 Page 2 of 2 Prior account number: 145998008
Addendum to Wells Fargo Commercial Account Agreement
Effective March 18, 2022, Wells Fargo is updating the descriptions of its procedures in Wells Fargo's Commercial Account Agreement (and the other agreements governing your commercial deposit account) for determining your account's available balance, posting transactions to your account, and overdrawing your account. In the event of a conflict between this update and any other agreements governing your deposit account, this update will control.

Except as expressly modified by this Addendum, these agreements remain in full force and effect.

1. We determine the available balance in your account (as described above) that we can use to pay your transactions.

Sheet Seq = 0033320
Sheet 00002 of 00002

XXXXXXXXX

XXXXXXXX

Page 153 ends

MONTHLY ACCOUNT STATEMENT
City of Bell - Account #10531
FEBRUARY 1, 2022 THROUGH FEBRUARY 28, 2022
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures.

CHANDLER ASSET MANAGEMENT
chandlerasset.com
Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian
US Bank
Ryan Morris
(503) 464-3685
XXXXXX99999

Page 154 ends

ACCOUNT SUMMARY
Beg. Values
as of 1/31/22
End Values
as of 2/28/22
Market Value 10,679,009 10,635,845
Accrued Interest 32,331 37,611
Total Market Value 10,711,340 10,673,456
Income Earned 9,867 9,900
Cont/WD -1,089
Par 10,662,066 10,666,501
Book Value 10,730,835 10,734,367
Cost Value 10,785,793 10,791,346

TOP ISSUERS
Government of United States 31.0%
Federal Home Loan Mortgage Corp 13.0%
Federal Home Loan Bank 9.0%
Federal National Mortgage Assoc 7.2%
Federal Farm Credit Bank 6.4%
Intl Bank Recon and Development 2.4%
Toyota ABS 2.1%
Deere & Company 2.1%
Total 73.3%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 1.76
Average Coupon 1.47%
Average Purchase YTM 1.15%
Average Market YTM 1.40%
Average S&P/Moody Rating AA+/Aa1
Average Final Maturity 2.00 yrs
Average Life 1.80 yrs

CREDIT QUALITY (S&P)

MATURITY DISTRIBUTION

SECTOR ALLOCATION
Portfolio Summary
As of February 28, 2022
City of Bell
Account #10531

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 6/30/2017 City of Bell -0.34% -1.12% -0.97% -1.37% 0.25% 1.64% N/A N/A 1.54% ICE BofA 1-3 Yr US Treasury & Agency Index -0.37% -1.27% -1.03% -1.51% 0.03% 1.54% N/A N/A 1.41% Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 1 XXXXX

Page 155 ends

Category Standard Comment
Treasury Issues No limitation; Full faith and credit of the U.S. are pledged for the payment of principal and interest Complies Federal Agencies 25% max per Agency/GSE issuer; Federal agencies or U.S. government-sponsored enterprises Complies Supranationals
"AA" rating category or higher by a Nationally Recognized Statistical Rating Organization ("NRSRO"); 30% maximum; 10% max per issuer; USD denominated senior unsecured unsubordinated obligations; Issued or unconditionally guaranteed by International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC), or Inter-American Development Bank (IADB)
Complies
Municipal Issues
"A" rating category or better by a NRSRO; 30% maximum; 5% max per issuer; Obligations of the City, State of California, local agency within the state of California, and any of the other 49 states in addition to California; Including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by a state or by a department, board, agency, or authority of any of the other 49 states, in addition to California.

Complies
Time Deposit (TD)/Certificate of Deposit
(CD)
20% maximum (combination of FDIC and Collateralized TDs/ CDs); Amount per institution is limited to maximum covered under FDIC; Non-negotiable Certificates of Deposit in excess of insured amounts which are fully collateralized with securities in accordance with California law.

Complies
Negotiable Certificates of Deposit (NCD)
No rating required if amount of the NCD is covered by FDIC insured limit; If above FDIC insured limit, requires "A-1" or better short-term rating by a NRSRO; or "A" long-term rating category or higher by a NRSRO; 30% maximum (combined with CDARS); 5% max per issuer
Complies
Banker’s Acceptances "A-1" or better short term rating by a NRSRO; or "A" or better long-term debt rating category by a NRSRO; 40% maximum; 5% max per issuer ; 180 days max maturity Complies
Commercial Paper
"A-1" rated or better by a NRSRO; "A" rated or better long-term debt issuer by a NRSRO; 25% maximum; 5% max per issuer; 10% max of the outstanding commercial paper of any single issuer; 270 days max maturity; Issuer is a corporation organized and operating within the U.S. with asset > $ 500 million Complies
Corporate Medium Term Notes "A" rating category or higher by a NRSRO; 30% maximum; 5% max per issuer; Issued by corporations organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S. Complies Asset-Backed, Mortgage-Backed,
Mortgage Pass-Through Securities,
Collateralized Mortgage Obligations
"AA" rating category or better by a NRSRO; 20% maximum (combined ABS/MBS/CMO); 5% max per single Asset-backed or Commercial Mortgage security issuer; There is no issuer limitation on any Mortgage security where the issuer is US Treasury or Federal Agency/GSE; From Issuers not defined in sections 3 (U.S. Treasuries) and 4 (Federal Agencies) of the Authorized Investments section of the policy.

Complies
Mutual Funds and Money Market Mutual
Funds
Highest rating or AAA rated by two NRSROs or SEC registered with AUM >$500 million; 10% max per one Mutual Fund; 20% maximum in Money Market Mutual Funds; 20% maximum combined Mutual Funds and Money Market Mutual Funds Complies Local Agency Investment Fund (LAIF) Max amount permitted by LAIF; Not used by Investment Adviser Complies Local Government Investment Pools Other LGIPS permitted Complies Repurchase Agreements 1 year max maturity; 102% collateralized; Not used by Investment Adviser Complies City of Bell
As of February 28, 2022
Assets managed by Chandler Asset Management are in full compliance with state law and the Client's investment policy.

Statement of Compliance

Page 156 ends

Prohibited
Inverse floaters; Ranges notes, Mortgage derived Interest-only strips; Zero interest accrual securities if held to maturity; Purchasing or selling securities on margin; Reverse Repurchase Agreements; Securities Lending; Foreign currency denominated securities
Complies
Max Callables 20% max of callable securities (does not include "make whole call") Complies Max per Issuer 5% of portfolio in securities issued by any single issuer, unless otherwise specified in the policy Complies Modified duration +/- 20% of market benchmark duration Complies Maximum maturity 5 years Complies

Page 157 ends

BOOK VALUE RECONCILIATION
BEGINNING BOOK VALUE $10,730,835.40
Acquisition
+ Security Purchases $221,738.61
+ Money Market Fund Purchases $52,593.41
+ Money Market Contributions $0.00
+ Security Contributions $0.00
+ Security Transfers $0.00
Total Acquisitions $274,332.02
Dispositions
- Security Sales $0.00
- Money Market Fund Sales $222,952.00
- MMF Withdrawals $1,088.97
- Security Withdrawals $0.00
- Security Transfers $0.00
- Other Dispositions $0.00
- Maturites $0.00
- Calls $0.00
- Principal Paydowns $44,117.55
Total Dispositions $268,158.52
Amortization/Accretion
+/- Net Accretion ($2,642.07)
($2,642.07)
Gain/Loss on Dispositions
+/- Realized Gain/Loss $0.00
$0.00
ENDING BOOK VALUE $10,734,366.83

CASH TRANSACTION SUMMARY
BEGINNING BALANCE $193,096.34
Acquisition
Contributions $0.00
Security Sale Proceeds $0.00
Accrued Interest Received $0.00
Interest Received $8,474.89
Dividend Received $0.97
Principal on Maturities $0.00
Interest on Maturities $0.00
Calls/Redemption (Principal) $0.00
Interest from Calls/Redemption $0.00
Principal Paydown $44,117.55
Total Acquisitions $52,593.41
Dispositions
Withdrawals $1,088.97
Security Purchase $221,738.61
Accrued Interest Paid $1,213.39
Total Dispositions $224,040.97
ENDING BOOK VALUE $21,648.78
Reconciliation Summary
As of February 28, 2022
City of Bell
Account #10531
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 3 XXXXX

Page 158 ends

Holdings Report
As of February 28, 2022
City of Bell
Account #10531
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
47789JAD8 John Deere Owner Trust 2019-A A3

2.91% Due 7/17/2023
13,046.07 06/24/2020

0.83%
13,389.04
13,119.50
100.34

0.63%
13,089.84

16.87 0.12%
(29.66)
Aaa / NR
AAA

1.38 0.14
43815NAC8 Honda Auto Receivables Trust 2019-3
A3

1.78% Due 8/15/2023
30,656.55 08/20/2019

1.79%
30,656.30
30,656.51
100.28

0.94%
30,741.10

24.25 0.29%

84.59 Aaa / AAA
NR

1.46 0.31
92348AAA3 Verizon Owner Trust 2019-C A1A

1.94% Due 4/22/2024
30,444.92 10/01/2019

1.95%
30,442.58
30,443.81
100.36

1.10%
30,553.91

18.05 0.29%
110.10

NR / AAA
AAA

2.15 0.41
89232HAC9 Toyota Auto Receivable Own 2020-A A3

1.66% Due 5/15/2024
108,387.29 07/06/2020

0.70%
110,775.19
109,755.20
100.32

1.02%
108,731.64

79.97 1.02%
(1,023.56)
Aaa / AAA
NR

2.21 0.48
65479JAD5 Nissan Auto Receivables Owner 2019-C
A3

1.93% Due 7/15/2024
43,016.20 10/16/2019

1.94%
43,013.93
43,015.06
100.45

0.89%
43,208.70

36.90 0.41%
193.64
Aaa / AAA
NR

2.38 0.42
47789KAC7 John Deere Owner Trust 2020-A A3

1.1% Due 8/15/2024
40,088.34 03/04/2020

1.11%
40,085.89
40,086.98

99.98 1.14%
40,081.69

19.60 0.38%
(5.29)
Aaa / NR
AAA

2.46 0.58
43813KAC6 Honda Auto Receivables Trust 2020-3
A3

0.37% Due 10/18/2024
55,000.00 09/22/2020

0.38%
54,991.92
54,995.58

99.28 1.28%
54,602.08

7.35 0.51%
(393.50)

NR / AAA
AAA

2.64 0.80
47787NAC3 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
22,419.67 07/14/2020

0.52%
22,416.25
22,417.83

99.41 1.39%
22,286.65

5.08 0.21%
(131.18)
Aaa / NR
AAA

2.72 0.67
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-
B A3

0.4% Due 11/15/2024
50,000.00 06/22/2021

0.40%
49,996.23
49,997.22

98.36 1.61%
49,181.60

8.89 0.46%
(815.62)

NR / AAA
AAA

2.72 1.36
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
35,000.00 09/08/2021

0.34%
34,996.39
34,997.12

98.49 1.50%
34,471.61

1.93 0.32%
(525.51)
Aaa / NR
AAA

2.83 1.30
89236XAC0 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
45,000.00 10/06/2020

0.36%
44,991.62
44,994.34

99.15 1.54%
44,618.81

7.00 0.42%
(375.53)

NR / AAA
AAA

2.88 0.72
92290BAA9 Verizon Owner Trust 2020-B A

0.47% Due 2/20/2025
80,000.00 08/04/2020

0.48%
79,983.20
79,988.95

99.11 1.42%
79,285.84

11.49 0.74%
(703.11)
Aaa / NR
AAA

2.98 0.94
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
35,000.00 01/11/2022

1.11%
34,994.77
34,995.04

99.24 1.57%
34,733.55

6.42 0.33%
(261.49)

NR / AAA
AAA

3.07 1.65
43813GAC5 Honda Auto Receivables Trust 2021-1
A3

0.27% Due 4/21/2025
25,000.00 02/17/2021

0.27%
24,999.54
24,999.69

98.78 1.50%
24,695.10

1.88 0.23%
(304.59)
Aaa / NR
AAA

3.15 0.99
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 4 XXXXX

Page 159 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
44891RAC4 Hyundai Auto Receivables Trust 2020-C
A3

0.38% Due 5/15/2025
55,000.00 10/20/2020

0.39%
54,987.33
54,992.47

98.73 1.63%
54,301.17

9.29 0.51%
(691.30)

NR / AAA
AAA

3.21 1.02
89240BAC2 Toyota Auto Receivables Owners 2021-
A A3

0.26% Due 5/15/2025
75,000.00 02/02/2021

0.27%
74,986.08
74,990.83

98.77 1.56%
74,074.28

8.67 0.69%
(916.55)
Aaa / NR
AAA

3.21 0.95
47788UAC6 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
40,000.00 03/02/2021

0.37%
39,992.31
39,994.39

98.24 1.60%
39,296.48

6.40 0.37%
(697.91)
Aaa / NR
AAA

3.55 1.43
43815GAC3 Honda Auto Receivables Trust 2021-4
A3

0.88% Due 1/21/2026
35,000.00 11/16/2021

0.89%
34,992.62
34,993.22

98.40 1.70%
34,440.49

8.56 0.32%
(552.73)
Aaa / NR
AAA

3.90 1.97
47789QAC4 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
45,000.00 07/13/2021

0.52%
44,995.99
44,996.66

97.37 1.90%
43,816.55

10.40 0.41%
(1,180.11)
Aaa / NR
AAA

4.05 1.92
44935FAD6 Hyundai Auto Receivables Trust 2021-C
A3

0.74% Due 5/15/2026
25,000.00 11/09/2021

0.75%
24,994.42
24,994.92

97.45 2.04%
24,363.55

8.22 0.23%
(631.37)

NR / AAA
AAA

4.21 1.99
43815BAC4 Honda Auto Receivables Trust 2022-1
A3

1.88% Due 5/15/2026
55,000.00 02/15/2022

1.89%
54,991.73
54,991.77
100.00

1.89%
55,000.00

22.98 0.52%

8.23 Aaa / AAA
NR

4.21 2.26
362554AC1 GM Financial Securitized Term 2021-4
A3

0.68% Due 9/16/2026
25,000.00 10/13/2021

0.68%
24,999.36
24,999.43

98.37 1.61%
24,593.58

7.08 0.23%
(405.85)
Aaa / AAA
NR

4.55 1.76
380146AC4 GM Financial Auto Receivables 2022-1
A3

1.26% Due 11/16/2026
25,000.00 01/11/2022

1.27%
24,997.83
24,997.90

98.99 2.44%
24,748.60

13.13 0.23%
(249.30)

NR / AAA
AAA

4.72 0.86
Total ABS 993,059.04 0.78%
995,670.52
994,414.42 1.45%
984,916.82
340.41

9.23%
(9,497.60)
Aaa / AAA
AAA

3.03 1.06
AGENCY
3133ELWD2 FFCB Note

0.375% Due 4/8/2022
190,000.00 04/03/2020

0.45%
189,718.80
189,985.36
100.02

0.17%
190,043.89
283.02

1.78%

58.53 Aaa / AA+
AAA

0.11 0.11
3133ELYR9 FFCB Note

0.25% Due 5/6/2022
215,000.00 04/30/2020

0.31%
214,726.95
214,975.31

99.98 0.34%
214,965.17
171.70

2.02%
(10.14)
Aaa / AA+
AAA

0.18 0.19
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 5 XXXX

Page 160 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
AGENCY
3137EAET2 FHLMC Note

0.125% Due 7/25/2022
110,000.00 07/21/2020

0.24%
109,751.40
109,950.42

99.84 0.52%
109,821.47

13.75 1.03%
(128.95)
Aaa / AA+
AAA

0.40 0.41
3133ELNW0 FFCB Note

1.45% Due 2/21/2023
200,000.00 02/19/2020

1.44%
200,040.96
200,013.34
100.60

0.83%
201,202.00

80.56 1.89%
1,188.66
Aaa / AA+
AAA

0.98 0.97
3130ADRG9 FHLB Note

2.75% Due 3/10/2023
225,000.00 01/16/2019

2.71%
225,355.50
225,087.88
101.75

1.04%
228,947.40
2,939.06

2.17%
3,859.52
Aaa / AA+
NR

1.03 1.01
3137EAER6 FHLMC Note

0.375% Due 5/5/2023
200,000.00 05/05/2020

0.39%
199,916.00
199,966.95

99.08 1.16%
198,158.40
241.67

1.86%
(1,808.55)
Aaa / AA+
AAA

1.18 1.18
3135G04Q3 FNMA Note

0.25% Due 5/22/2023
160,000.00 05/20/2020

0.35%
159,518.40
159,803.40

98.88 1.16%
158,213.28
110.00

1.48%
(1,590.12)
Aaa / AA+
AAA

1.23 1.22
3135G05G4 FNMA Note

0.25% Due 7/10/2023
165,000.00 07/08/2020

0.32%
164,645.25
164,839.31

98.59 1.29%
162,676.31

58.44 1.52%
(2,163.00)
Aaa / AA+
AAA

1.36 1.36
3135G0U43 FNMA Note

2.875% Due 9/12/2023
225,000.00 09/25/2019

1.63%
235,737.00
229,155.30
102.30

1.36%
230,172.30
3,036.72

2.18%
1,017.00
Aaa / AA+
AAA

1.54 1.49
3137EAEY1 FHLMC Note

0.125% Due 10/16/2023
150,000.00 10/14/2020

0.25%
149,440.50
149,696.49

98.05 1.34%
147,074.25

70.31 1.38%
(2,622.24)
Aaa / AA+
AAA

1.63 1.62
3137EAEZ8 FHLMC Note

0.25% Due 11/6/2023
220,000.00 11/03/2020

0.28%
219,802.00
219,888.90

98.14 1.37%
215,900.30
175.69

2.02%
(3,988.60)
Aaa / AA+
AAA

1.69 1.67
3130A0F70 FHLB Note

3.375% Due 12/8/2023
225,000.00 08/19/2019

1.52%
242,329.50
232,136.97
103.43

1.41%
232,721.10
1,750.78

2.20%
584.13
Aaa / AA+
AAA

1.78 1.72
3130AB3H7 FHLB Note

2.375% Due 3/8/2024
225,000.00 06/14/2019

1.95%
229,304.25
226,840.40
101.86

1.44%
229,188.60
2,567.97

2.17%
2,348.20
Aaa / AA+
NR

2.02 1.96
3130A1XJ2 FHLB Note

2.875% Due 6/14/2024
250,000.00 03/24/2020

0.99%
269,372.50
260,502.86
102.94

1.56%
257,355.50
1,537.33

2.43%
(3,147.36)
Aaa / AA+
NR

2.29 2.21
3133ENKS8 FFCB Note

1.125% Due 1/6/2025
80,000.00 01/06/2022

1.20%
79,820.00
79,828.08

98.59 1.63%
78,875.20
125.00

0.74%
(952.88)
Aaa / AA+
AAA

2.86 2.79
3135G06G3 FNMA Note

0.5% Due 11/7/2025
225,000.00 11/18/2020

0.52%
224,768.25
224,827.91

95.49 1.77%
214,859.03
356.25

2.02%
(9,968.88)
Aaa / AA+
AAA

3.69 3.62
Total Agency 3,065,000.00 0.97%
3,114,247.26
3,087,498.88 1.16%
3,070,174.20
13,518.25

28.89%
(17,324.68)
Aaa / AA+
AAA

1.51 1.48
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 6 XXXXX

Page 161 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
CMO
3137BM6P6 FHLMC K721 A2

3.09% Due 8/25/2022
131,793.12 06/26/2019

2.09%
135,407.13
132,347.44
100.47

1.01%
132,417.84
339.37

1.24%

70.40 Aaa / NR
NR

0.49 0.32
3137B3NX2 FHLMC K031 A2

3.3% Due 4/25/2023
200,000.00 03/12/2019

2.70%
204,039.06
201,082.18
101.88

1.39%
203,762.80
110.00

1.91%
2,680.62
Aaa / NR
NR

1.15 1.07
3137B4GY6 FHLMC K032 A2

3.31% Due 5/25/2023
170,000.00 07/23/2019

2.21%
176,726.95
172,163.78
101.98

1.47%
173,359.54

93.78 1.63%
1,195.76

NR / NR
AAA

1.24 1.16
3137B5JM6 FHLMC K034 A2

3.531% Due 7/25/2023
200,000.00 08/28/2018

3.03%
204,242.19
201,211.72
102.36

1.55%
204,710.40
588.50

1.92%
3,498.68

NR / NR
AAA

1.40 1.27
Total CMO 701,793.12 2.56%
720,415.33
706,805.12 1.38%
714,250.58
1,131.65

6.70%
7,445.46
Aaa / NR
AAA

1.12 1.01

CORPORATE
24422ETV1 John Deere Capital Corp Note

2.15% Due 9/8/2022
130,000.00 06/27/2018

3.37%
123,865.30
129,235.16
100.57

1.07%
130,738.92
1,343.15

1.24%
1,503.76
A2 / A
A

0.53 0.52
89236TEL5 Toyota Motor Credit Corp Note

2.7% Due 1/11/2023
130,000.00 01/25/2019

3.22%
127,519.60
129,456.82
101.22

1.28%
131,590.55
487.50

1.24%
2,133.73
A1 / A+
A+

0.87 0.86
037833DE7 Apple Inc Callable Note Cont
12/13/2022

2.4% Due 1/13/2023
130,000.00 11/26/2018

3.50%
124,549.10
128,849.78
100.97

1.18%
131,258.79
416.00

1.23%
2,409.01
Aaa / AA+
NR

0.87 0.78
747525AR4 Qualcomm Inc Callable Note Cont
12/30/2022

2.6% Due 1/30/2023
135,000.00 02/11/2020

1.75%
138,195.45
135,924.28
101.20

1.17%
136,617.98
302.25

1.28%
693.70
A2 / A
NR

0.92 0.82
06406FAD5 Bank of NY Mellon Corp Callable Note
Cont 6/16/2023

2.2% Due 8/16/2023
125,000.00 04/11/2019

2.90%
121,436.25
123,800.83
100.76

1.61%
125,949.88
114.58

1.18%
2,149.05
A1 / A
AA-

1.46 1.27
24422EVN6 John Deere Capital Corp Note

0.45% Due 1/17/2024
95,000.00 03/01/2021

0.47%
94,932.55
94,955.83

97.81 1.63%
92,919.98

52.25 0.87%
(2,035.85)
A2 / A
A

1.88 1.86
594918BX1 Microsoft Callable Note Cont 12/6/2023

2.875% Due 2/6/2024
125,000.00 03/05/2020

1.06%
133,325.00
128,928.04
102.47

1.46%
128,083.75
249.57

1.20%
(844.29)
Aaa / AAA
AAA

1.94 1.72
89114QCB2 Toronto Dominion Bank Note

3.25% Due 3/11/2024
130,000.00 07/16/2019

2.49%
134,290.00
131,872.14
102.63

1.92%
133,425.24
1,995.14

1.27%
1,553.10
A1 / A
AA-

2.03 1.94
808513BN4 Charles Schwab Corp Callable Note
Cont 2/18/2024

0.75% Due 3/18/2024
160,000.00 Various

0.58%
160,733.00
160,529.78

97.89 1.80%
156,624.64
543.33

1.47%
(3,905.14)
A2 / A
A

2.05 2.02
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 7 XXXXX

Page 162 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
023135BW5 Amazon.com Inc Note

0.45% Due 5/12/2024
85,000.00 05/10/2021

0.50%
84,875.90
84,909.08

97.65 1.54%
82,999.10
115.81

0.78%
(1,909.98)
A1 / AA
AA-

2.20 2.18
14913R2L0 Caterpillar Financial Service Note

0.45% Due 5/17/2024
135,000.00 05/10/2021

0.50%
134,819.10
134,866.64

97.14 1.77%
131,132.25
175.50

1.23%
(3,734.39)
A2 / A
A

2.22 2.19
79466LAG9 Salesforce.com Inc Callable Note Cont
7/15/2022

0.625% Due 7/15/2024
20,000.00 06/29/2021

0.64%
19,989.80
19,991.95

97.29 1.79%
19,458.88

15.97 0.18%
(533.07)
A2 / A+
NR

2.38 2.34
91159HHX1 US Bancorp Callable Note Cont
6/28/2024

2.4% Due 7/30/2024
150,000.00 03/25/2021

0.65%
158,425.50
156,033.42
101.20

1.88%
151,801.80
310.00

1.43%
(4,231.62)
A2 / A+
A+

2.42 2.25
69371RR40 Paccar Financial Corp Note

0.5% Due 8/9/2024
50,000.00 08/03/2021

0.52%
49,973.00
49,978.03

96.55 1.95%
48,275.80

15.28 0.45%
(1,702.23)
A1 / A+
NR

2.45 2.41
78015K7C2 Royal Bank of Canada Note

2.25% Due 11/1/2024
135,000.00 09/22/2020

0.69%
143,487.45
140,526.18
100.09

2.22%
135,118.53
1,012.50

1.28%
(5,407.65)
A1 / A
AA-

2.68 2.56
69371RR57 Paccar Financial Corp Note

0.9% Due 11/8/2024
90,000.00 11/02/2021

0.90%
89,994.60
89,995.16

97.36 1.91%
87,622.20
254.25

0.82%
(2,372.96)
A1 / A+
NR

2.70 2.64
46647PAH9 JP Morgan Chase & Co Callable Note 2X
3/1/2024

3.22% Due 3/1/2025
140,000.00 08/19/2020

0.91%
151,212.60
146,363.67
101.75

2.13%
142,455.46
2,254.00

1.36%
(3,908.21)
A2 / A-
AA-

3.01 2.81
857477BR3 State Street Bank Callable Note Cont
2/6/2025

1.746% Due 2/6/2026
35,000.00 02/02/2022

1.75%
35,000.00
35,000.00

98.89 2.06%
34,613.22

40.74 0.32%
(386.78)
A1 / A
AA-

3.94 3.77
931142ER0 Wal-Mart Stores Callable Note Cont
08/17/2026

1.05% Due 9/17/2026
25,000.00 09/08/2021

1.09%
24,952.75
24,957.02

96.05 1.96%
24,011.43
119.58

0.23%
(945.59)
Aa2 / AA
AA

4.55 4.39
Total Corporate 2,025,000.00 1.54%
2,051,576.95
2,046,173.81 1.66%
2,024,698.40
9,817.40

19.06%
(21,475.41)
A1 / A+
AA-

1.93 1.83

MONEY MARKET FUND
31846V203 First American Govt Obligation Fund
Class Y
21,648.78 Various

0.01%
21,648.78
21,648.78

1.00 0.01%
21,648.78

0.00 0.20%

0.00 Aaa / AAA
AAA

0.00 0.00
Total Money Market Fund 21,648.78 0.01%
21,648.78
21,648.78 0.01%
21,648.78

0.00 0.20%

0.00 Aaa / AAA
AAA

0.00 0.00
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 8 XXXXX

Page 163 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

SUPRANATIONAL
459058JM6 Intl. Bank Recon & Development Note

0.25% Due 11/24/2023
105,000.00 11/17/2020

0.32%
104,774.25
104,869.50

98.04 1.40%
102,938.96

70.73 0.97%
(1,930.54)
Aaa / AAA
AAA

1.74 1.72
459058GQ0 Intl. Bank Recon & Development Note

2.5% Due 3/19/2024
150,000.00 01/26/2021

0.26%
160,491.00
156,856.68
101.98

1.52%
152,964.60
1,687.50

1.45%
(3,892.08)
Aaa / AAA
AAA

2.05 1.98
4581X0DZ8 Inter-American Dev Bank Note

0.5% Due 9/23/2024
170,000.00 09/15/2021

0.52%
169,874.20
169,892.45

97.27 1.59%
165,355.43
373.06

1.55%
(4,537.02)
Aaa / AAA
NR

2.57 2.53
45950KCR9 International Finance Corp Note

1.375% Due 10/16/2024
100,000.00 07/12/2021

0.54%
102,690.00
102,170.08

99.12 1.72%
99,115.20
515.63

0.93%
(3,054.88)
Aaa / AAA
NR

2.63 2.56
Total Supranational 525,000.00 0.41%
537,829.45
533,788.71 1.56%
520,374.19
2,646.92

4.90%
(13,414.52)
Aaa / AAA
AAA

2.27 2.22

US TREASURY
9128282S8 US Treasury Note

1.625% Due 8/31/2022
70,000.00 11/26/2019

1.58%
70,090.23
70,016.38
100.46

0.71%
70,319.90

3.09 0.66%
303.52
Aaa / AA+
AAA

0.50 0.50
912828M80 US Treasury Note
2% Due 11/30/2022
225,000.00 Various

1.88%
225,662.89
225,199.02
100.82

0.91%
226,836.90
1,125.00

2.14%
1,637.88
Aaa / AA+
AAA

0.75 0.74
912828ZH6 US Treasury Note

0.25% Due 4/15/2023
220,000.00 06/24/2021

0.22%
220,103.13
220,064.16

99.00 1.14%
217,808.58
207.01

2.04%
(2,255.58)
Aaa / AA+
AAA

1.13 1.12
912828VB3 US Treasury Note

1.75% Due 5/15/2023
225,000.00 01/17/2020

1.60%
226,098.63
225,399.50
100.68

1.18%
226,529.33
1,152.97

2.13%
1,129.83
Aaa / AA+
AAA

1.21 1.19
912828ZU7 US Treasury Note

0.25% Due 6/15/2023
220,000.00 06/24/2021

0.25%
220,000.00
220,000.00

98.79 1.20%
217,327.44
114.84

2.04%
(2,672.56)
Aaa / AA+
AAA

1.29 1.28
912828T26 US Treasury Note

1.375% Due 9/30/2023
225,000.00 08/15/2019

1.46%
224,252.93
224,713.28
100.07

1.33%
225,166.95
1,291.90

2.12%
453.67
Aaa / AA+
AAA

1.59 1.55
912828V80 US Treasury Note

2.25% Due 1/31/2024
225,000.00 10/29/2019

1.67%
230,370.12
227,422.43
101.56

1.42%
228,515.63
405.56

2.14%
1,093.20
Aaa / AA+
AAA

1.92 1.88
912828WJ5 US Treasury Note

2.5% Due 5/15/2024
200,000.00 12/12/2019

1.74%
206,460.94
203,224.47
102.14

1.51%
204,289.00
1,464.09

1.93%
1,064.53
Aaa / AA+
AAA

2.21 2.13
91282CCG4 US Treasury Note

0.25% Due 6/15/2024
250,000.00 06/17/2021

0.43%
248,681.64
248,990.42

97.13 1.53%
242,832.00
130.49

2.28%
(6,158.42)
Aaa / AA+
AAA

2.30 2.27
91282CCT6 US Treasury Note

0.375% Due 8/15/2024
250,000.00 08/25/2021

0.45%
249,443.36
249,539.30

97.17 1.55%
242,929.75

36.26 2.28%
(6,609.55)
Aaa / AA+
AAA

2.46 2.44
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 9 XXXXX

Page 164 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
91282CDH1 US Treasury Note

0.75% Due 11/15/2024
225,000.00 11/18/2021

0.83%
224,437.50
224,490.04

97.76 1.60%
219,955.05
494.13

2.07%
(4,534.99)
Aaa / AA+
AAA

2.72 2.66
912828ZF0 US Treasury Note

0.5% Due 3/31/2025
125,000.00 03/25/2021

0.58%
124,609.38
124,699.36

96.60 1.63%
120,752.00
260.99

1.13%
(3,947.36)
Aaa / AA+
AAA

3.09 3.03
912828ZT0 US Treasury Note

0.25% Due 5/31/2025
250,000.00 02/25/2021

0.60%
246,337.89
247,204.55

95.54 1.67%
238,838.00
156.25

2.24%
(8,366.55)
Aaa / AA+
AAA

3.25 3.21
91282CAZ4 US Treasury Note

0.375% Due 11/30/2025
175,000.00 12/09/2020

0.41%
174,699.22
174,773.09

95.16 1.71%
166,537.18
164.06

1.56%
(8,235.91)
Aaa / AA+
AAA

3.76 3.69
9128286L9 US Treasury Note

2.25% Due 3/31/2026
130,000.00 02/25/2022

1.91%
131,746.88
131,745.71
102.04

1.73%
132,645.76
1,221.43

1.25%
900.05
Aaa / AA+
AAA

4.09 3.86
912828R36 US Treasury Note

1.625% Due 5/15/2026
120,000.00 10/14/2021

0.99%
123,431.25
123,150.27

99.56 1.73%
119,475.00
570.99

1.12%
(3,675.27)
Aaa / AA+
AAA

4.21 4.03
912828YG9 US Treasury Note

1.625% Due 9/30/2026
200,000.00 12/28/2021

1.24%
203,531.25
203,405.13

99.51 1.74%
199,023.40
1,357.14

1.88%
(4,381.73)
Aaa / AA+
AAA

4.59 4.37
Total US Treasury 3,335,000.00 1.01%
3,349,957.24
3,344,037.11 1.43%
3,299,781.87
10,156.20

31.01%
(44,255.24)
Aaa / AA+
AAA

2.35 2.29
TOTAL PORTFOLIO 10,666,500.94 1.15%
10,791,345.53
10,734,366.83 1.40%
10,635,844.84
37,610.83
100.00%
(98,521.99)
Aa1 / AA+
AAA

2.00 1.76
TOTAL MARKET VALUE PLUS ACCRUED 10,673,455.67
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 10 XXXXX

Page 165 ends

Transaction Ledger
As of February 28, 2022
City of Bell
Account #10531
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 02/01/2022 31846V203 0.97 First American Govt Obligation Fund Class Y

1.000 0.01% 0.97 0.00 0.97 0.00
Purchase 02/06/2022 31846V203 1,796.88 First American Govt Obligation Fund Class Y

1.000 0.01% 1,796.88 0.00 1,796.88 0.00
Purchase 02/07/2022 857477BR3 35,000.00 State Street Bank Callable Note Cont 2/6/2025

1.746% Due 2/6/2026
100.000 1.75% 35,000.00 0.00 35,000.00 0.00
Purchase 02/09/2022 31846V203 125.00 First American Govt Obligation Fund Class Y

1.000 0.01% 125.00 0.00 125.00 0.00
Purchase 02/15/2022 31846V203 468.75 First American Govt Obligation Fund Class Y

1.000 0.01% 468.75 0.00 468.75 0.00
Purchase 02/15/2022 31846V203 4,279.93 First American Govt Obligation Fund Class Y

1.000 0.01% 4,279.93 0.00 4,279.93 0.00
Purchase 02/15/2022 31846V203 2,572.05 First American Govt Obligation Fund Class Y

1.000 0.01% 2,572.05 0.00 2,572.05 0.00
Purchase 02/15/2022 31846V203 6,037.40 First American Govt Obligation Fund Class Y

1.000 0.01% 6,037.40 0.00 6,037.40 0.00
Purchase 02/15/2022 31846V203 4,255.73 First American Govt Obligation Fund Class Y

1.000 0.01% 4,255.73 0.00 4,255.73 0.00
Purchase 02/15/2022 31846V203 4,495.46 First American Govt Obligation Fund Class Y

1.000 0.01% 4,495.46 0.00 4,495.46 0.00
Purchase 02/15/2022 31846V203 9,892.26 First American Govt Obligation Fund Class Y

1.000 0.01% 9,892.26 0.00 9,892.26 0.00
Purchase 02/15/2022 31846V203 13.13 First American Govt Obligation Fund Class Y

1.000 0.01% 13.13 0.00 13.13 0.00
Purchase 02/15/2022 31846V203 16.25 First American Govt Obligation Fund Class Y

1.000 0.01% 16.25 0.00 16.25 0.00
Purchase 02/15/2022 31846V203 17.42 First American Govt Obligation Fund Class Y

1.000 0.01% 17.42 0.00 17.42 0.00
Purchase 02/15/2022 31846V203 15.42 First American Govt Obligation Fund Class Y

1.000 0.01% 15.42 0.00 15.42 0.00
Purchase 02/15/2022 31846V203 12.00 First American Govt Obligation Fund Class Y

1.000 0.01% 12.00 0.00 12.00 0.00
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 11 XXXXX

Page 166 ends

ACQUISITIONS
Purchase 02/15/2022 31846V203 19.50 First American Govt Obligation Fund Class Y

1.000 0.01% 19.50 0.00 19.50 0.00
Purchase 02/15/2022 31846V203 16.67 First American Govt Obligation Fund Class Y

1.000 0.01% 16.67 0.00 16.67 0.00
Purchase 02/16/2022 31846V203 1,375.00 First American Govt Obligation Fund Class Y

1.000 0.01% 1,375.00 0.00 1,375.00 0.00
Purchase 02/16/2022 31846V203 14.17 First American Govt Obligation Fund Class Y

1.000 0.01% 14.17 0.00 14.17 0.00
Purchase 02/16/2022 31846V203 23.63 First American Govt Obligation Fund Class Y

1.000 0.01% 23.63 0.00 23.63 0.00
Purchase 02/18/2022 31846V203 17.00 First American Govt Obligation Fund Class Y

1.000 0.01% 17.00 0.00 17.00 0.00
Purchase 02/21/2022 31846V203 1,450.00 First American Govt Obligation Fund Class Y

1.000 0.01% 1,450.00 0.00 1,450.00 0.00
Purchase 02/22/2022 31846V203 31.33 First American Govt Obligation Fund Class Y

1.000 0.01% 31.33 0.00 31.33 0.00
Purchase 02/22/2022 31846V203 25.67 First American Govt Obligation Fund Class Y

1.000 0.01% 25.67 0.00 25.67 0.00
Purchase 02/22/2022 31846V203 5.63 First American Govt Obligation Fund Class Y

1.000 0.01% 5.63 0.00 5.63 0.00
Purchase 02/22/2022 31846V203 3,902.00 First American Govt Obligation Fund Class Y

1.000 0.01% 3,902.00 0.00 3,902.00 0.00
Purchase 02/23/2022 43815BAC4 55,000.00 Honda Auto Receivables Trust 2022-1 A3

1.88% Due 5/15/2026

99.985 1.89% 54,991.73 0.00 54,991.73 0.00
Purchase 02/25/2022 31846V203 38.50 First American Govt Obligation Fund Class Y

1.000 0.01% 38.50 0.00 38.50 0.00
Purchase 02/25/2022 31846V203 9.63 First American Govt Obligation Fund Class Y

1.000 0.01% 9.63 0.00 9.63 0.00
Purchase 02/25/2022 31846V203 550.00 First American Govt Obligation Fund Class Y

1.000 0.01% 550.00 0.00 550.00 0.00
Purchase 02/25/2022 31846V203 468.92 First American Govt Obligation Fund Class Y

1.000 0.01% 468.92 0.00 468.92 0.00
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 12 XXXXX

Page 167 ends

ACQUISITIONS
Purchase 02/25/2022 31846V203 588.50 First American Govt Obligation Fund Class Y

1.000 0.01% 588.50 0.00 588.50 0.00
Purchase 02/25/2022 31846V203 9,489.86 First American Govt Obligation Fund Class Y

1.000 0.01% 9,489.86 0.00 9,489.86 0.00
Purchase 02/28/2022 31846V203 568.75 First American Govt Obligation Fund Class Y

1.000 0.01% 568.75 0.00 568.75 0.00
Purchase 02/28/2022 9128286L9 130,000.00 US Treasury Note

2.25% Due 3/31/2026
101.344 1.91% 131,746.88 1,213.39 132,960.27 0.00
Subtotal 272,593.41 274,332.02 1,213.39 275,545.41 0.00 TOTAL ACQUISITIONS 272,593.41 274,332.02 1,213.39 275,545.41 0.00

DISPOSITIONS
Sale 02/07/2022 31846V203 35,000.00 First American Govt Obligation Fund Class Y

1.000 0.01% 35,000.00 0.00 35,000.00 0.00
Sale 02/23/2022 31846V203 54,991.73 First American Govt Obligation Fund Class Y

1.000 0.01% 54,991.73 0.00 54,991.73 0.00
Sale 02/28/2022 31846V203 132,960.27 First American Govt Obligation Fund Class Y

1.000 0.01% 132,960.27 0.00 132,960.27 0.00
Subtotal 222,952.00 222,952.00 0.00 222,952.00 0.00
Paydown 02/15/2022 43815NAC8 4,228.18 Honda Auto Receivables Trust 2019-3 A3

1.78% Due 8/15/2023
100.000 4,228.18 51.75 4,279.93 0.00
Paydown 02/15/2022 44891RAC4 0.00 Hyundai Auto Receivables Trust 2020-C A3

0.38% Due 5/15/2025
100.000 0.00 17.42 17.42 0.00
Paydown 02/15/2022 44935FAD6 0.00 Hyundai Auto Receivables Trust 2021-C A3

0.74% Due 5/15/2026
100.000 0.00 15.42 15.42 0.00
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 13 XXXXXX

Page 168 ends

DISPOSITIONS
Paydown 02/15/2022 47787NAC3 2,561.43 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
100.000 2,561.43 10.62 2,572.05 0.00
Paydown 02/15/2022 47788UAC6 0.00 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
100.000 0.00 12.00 12.00 0.00
Paydown 02/15/2022 47789JAD8 5,991.23 John Deere Owner Trust 2019-A A3

2.91% Due 7/17/2023
100.000 5,991.23 46.17 6,037.40 0.00
Paydown 02/15/2022 47789KAC7 4,215.12 John Deere Owner Trust 2020-A A3

1.1% Due 8/15/2024
100.000 4,215.12 40.61 4,255.73 0.00
Paydown 02/15/2022 47789QAC4 0.00 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
100.000 0.00 19.50 19.50 0.00
Paydown 02/15/2022 58769KAD6 0.00 Mercedes-Benz Auto Lease Trust 2021- B A3

0.4% Due 11/15/2024
100.000 0.00 16.67 16.67 0.00
Paydown 02/15/2022 65479JAD5 4,419.17 Nissan Auto Receivables Owner 2019-C A3

1.93% Due 7/15/2024
100.000 4,419.17 76.29 4,495.46 0.00
Paydown 02/15/2022 89232HAC9 9,728.87 Toyota Auto Receivable Own 2020-A A3

1.66% Due 5/15/2024
100.000 9,728.87 163.39 9,892.26 0.00
Paydown 02/15/2022 89236XAC0 0.00 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
100.000 0.00 13.13 13.13 0.00
Paydown 02/15/2022 89240BAC2 0.00 Toyota Auto Receivables Owners 2021- A A3

0.26% Due 5/15/2025
100.000 0.00 16.25 16.25 0.00
Paydown 02/16/2022 362554AC1 0.00 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
100.000 0.00 14.17 14.17 0.00
Paydown 02/16/2022 380146AC4 0.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
100.000 0.00 23.63 23.63 0.00
Paydown 02/18/2022 43813KAC6 0.00 Honda Auto Receivables Trust 2020-3 A3

0.37% Due 10/18/2024
100.000 0.00 17.00 17.00 0.00
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 14 XXXXXX

Page 169 ends

DISPOSITIONS
Paydown 02/22/2022 43813GAC5 0.00 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
100.000 0.00 5.63 5.63 0.00
Paydown 02/22/2022 43815GAC3 0.00 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
100.000 0.00 25.67 25.67 0.00
Paydown 02/22/2022 92290BAA9 0.00 Verizon Owner Trust 2020-B A

0.47% Due 2/20/2025
100.000 0.00 31.33 31.33 0.00
Paydown 02/22/2022 92348AAA3 3,846.56 Verizon Owner Trust 2019-C A1A

1.94% Due 4/22/2024
100.000 3,846.56 55.44 3,902.00 0.00
Paydown 02/25/2022 05601XAC3 0.00 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
100.000 0.00 38.50 38.50 0.00
Paydown 02/25/2022 09690AAC7 0.00 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
100.000 0.00 9.63 9.63 0.00
Paydown 02/25/2022 3137B3NX2 0.00 FHLMC K031 A2Due 4/25/2023 100.000 0.00 550.00 550.00 0.00 Paydown 02/25/2022 3137B4GY6 0.00 FHLMC K032 A2Due 5/25/2023 100.000 0.00 468.92 468.92 0.00 Paydown 02/25/2022 3137B5JM6 0.00 FHLMC K034 A2

3.531% Due 7/25/2023
100.000 0.00 588.50 588.50 0.00
Paydown 02/25/2022 3137BM6P6 9,126.99 FHLMC K721 A2Due 8/25/2022 100.000 9,126.99 362.87 9,489.86 0.00 Subtotal 44,117.55 44,117.55 2,690.51 46,808.06 0.00
Security
Withdrawal
02/03/2022 31846V203 1,000.00 First American Govt Obligation Fund Class Y

1.000 1,000.00 0.00 1,000.00 0.00
Security
Withdrawal
02/25/2022 31846V203 88.97 First American Govt Obligation Fund Class Y

1.000 88.97 0.00 88.97 0.00
Subtotal 1,088.97 1,088.97 0.00 1,088.97 0.00
TOTAL DISPOSITIONS 268,158.52 268,158.52 2,690.51 270,849.03 0.00

OTHER TRANSACTIONS
Interest 02/06/2022 594918BX1 125,000.00 Microsoft Callable Note Cont 12/6/2023

2.875% Due 2/6/2024

0.000 1,796.88 0.00 1,796.88 0.00
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 15 XXXXX

Page 170 ends

OTHER TRANSACTIONS
Interest 02/09/2022 69371RR40 50,000.00 Paccar Financial Corp Note

0.5% Due 8/9/2024

0.000 125.00 0.00 125.00 0.00
Interest 02/15/2022 91282CCT6 250,000.00 US Treasury Note

0.375% Due 8/15/2024

0.000 468.75 0.00 468.75 0.00
Interest 02/16/2022 06406FAD5 125,000.00 Bank of NY Mellon Corp Callable Note Cont 6/16/2023

2.2% Due 8/16/2023

0.000 1,375.00 0.00 1,375.00 0.00
Interest 02/21/2022 3133ELNW0 200,000.00 FFCB Note

1.45% Due 2/21/2023

0.000 1,450.00 0.00 1,450.00 0.00
Interest 02/28/2022 9128282S8 70,000.00 US Treasury Note

1.625% Due 8/31/2022

0.000 568.75 0.00 568.75 0.00
Subtotal 820,000.00 5,784.38 0.00 5,784.38 0.00
Dividend 02/01/2022 31846V203 193,096.34 First American Govt Obligation Fund Class Y

0.000 0.97 0.00 0.97 0.00
Subtotal 193,096.34 0.97 0.00 0.97 0.00
TOTAL OTHER TRANSACTIONS 1,013,096.34 5,785.35 0.00 5,785.35 0.00 Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 16 XXXXX

Page 171 ends

Income Earned
As of February 28, 2022
City of Bell
Account #10531
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

FIXED INCOME
023135BW5 Amazon.com Inc
Note

0.45% Due 05/12/2024
05/10/2021
05/12/2021
85,000.00
84,905.91

0.00 0.00
84,909.08

83.94 0.00
115.81

31.87 3.17

0.00 3.17

35.04 35.04
037833DE7 Apple Inc
Callable Note Cont 12/13/2022

2.4% Due 01/13/2023
11/26/2018
11/28/2018
130,000.00
128,748.50

0.00 0.00
128,849.78
156.00

0.00 416.00
260.00
101.28

0.00 101.28
361.28
361.28
05601XAC3 BMW Vehicle Lease Trust
2022-1 A3

1.1% Due 03/25/2025
01/11/2022
01/19/2022
35,000.00
34,994.86

0.00 0.00
34,995.04

12.83 38.50

6.42 32.09

0.18 0.00

0.18 32.27

32.27 06406FAD5 Bank of NY Mellon Corp
Callable Note Cont 6/16/2023

2.2% Due 08/16/2023
04/11/2019
04/15/2019
125,000.00
123,737.84

0.00 0.00
123,800.83
1,260.42
1,375.00
114.58
229.16

62.99 0.00

62.99 292.15
292.15
09690AAC7 BMW Vehicle Lease Trust
2021-2 A3

0.33% Due 12/26/2024
09/08/2021
09/15/2021
35,000.00
34,996.99

0.00 0.00
34,997.12

1.93 9.63

0.13 0.00

0.13 9.76

9.76 14913R2L0 Caterpillar Financial Service
Note

0.45% Due 05/17/2024
05/10/2021
05/17/2021
135,000.00
134,862.01

0.00 0.00
134,866.64
124.88

0.00 175.50

50.62 4.63

0.00 4.63

55.25 55.25
24422ETV1 John Deere Capital Corp
Note

2.15% Due 09/08/2022
06/27/2018
06/29/2018
130,000.00
129,123.04

0.00 0.00
129,235.16
1,110.24

0.00 1,343.15
232.91
112.12

0.00 112.12
345.03
345.03
24422EVN6 John Deere Capital Corp
Note

0.45% Due 01/17/2024
03/01/2021
03/04/2021
95,000.00
94,954.03

0.00 0.00
94,955.83

16.63 0.00

52.25 35.62

1.80 0.00

1.80 37.42

37.42 3130A0F70 FHLB
Note

3.375% Due 12/08/2023
08/19/2019
08/20/2019
225,000.00
232,445.84

0.00 0.00
232,136.97
1,117.97

0.00 1,750.78
632.81

0.00 308.87
(308.87)
323.94
323.94
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 17 XXXXXX

Page 172 ends

2.875% Due 06/14/2024
03/24/2020
03/25/2020
250,000.00
260,854.63

0.00 0.00
260,502.86
938.37

0.00 1,537.33
598.96

0.00 351.77
(351.77)
247.19
247.19
3130AB3H7 FHLB
Note

2.375% Due 03/08/2024
06/14/2019
06/17/2019
225,000.00
226,910.23

0.00 0.00
226,840.40
2,122.66

0.00 2,567.97
445.31

0.00 69.83
(69.83)
375.48
375.48
3130ADRG9 FHLB
Note

2.75% Due 03/10/2023
01/16/2019
01/17/2019
225,000.00
225,094.46

0.00 0.00
225,087.88
2,423.44

0.00 2,939.06
515.62

0.00 6.58
(6.58)
509.04
509.04
3133ELNW0 FFCB
Note

1.45% Due 02/21/2023
02/19/2020
02/21/2020
200,000.00
200,014.39

0.00 0.00
200,013.34
1,288.89
1,450.00

80.56 241.67

0.00 1.05
(1.05)
240.62
240.62
3133ELWD2 FFCB
Note

0.375% Due 04/08/2022
04/03/2020
04/08/2020
190,000.00
189,974.58

0.00 0.00
189,985.36
223.65

0.00 283.02

59.37 10.78

0.00 10.78

70.15 70.15
3133ELYR9 FFCB
Note

0.25% Due 05/06/2022
04/30/2020
05/06/2020
215,000.00
214,964.84

0.00 0.00
214,975.31
126.91

0.00 171.70

44.79 10.47

0.00 10.47

55.26 55.26
3133ENKS8 FFCB
Note

1.125% Due 01/06/2025
01/06/2022
01/11/2022
80,000.00
79,823.46

0.00 0.00
79,828.08

50.00 0.00
125.00

75.00 4.62

0.00 4.62

79.62 79.62
3135G04Q3 FNMA
Note

0.25% Due 05/22/2023
05/20/2020
05/22/2020
160,000.00
159,791.09

0.00 0.00
159,803.40

76.67 0.00
110.00

33.33 12.31

0.00 12.31

45.64 45.64
3135G05G4 FNMA
Note

0.25% Due 07/10/2023
07/08/2020
07/10/2020
165,000.00
164,830.24

0.00 0.00
164,839.31

24.06 0.00

58.44 34.38

9.07 0.00

9.07 43.45

43.45 Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 18 XXXXXX

Page 173 ends

0.5% Due 11/07/2025
11/18/2020
11/19/2020
225,000.00
224,824.34

0.00 0.00
224,827.91
262.50

0.00 356.25

93.75 3.57

0.00 3.57

97.32 97.32
3135G0U43 FNMA
Note

2.875% Due 09/12/2023
09/25/2019
09/26/2019
225,000.00
229,363.07

0.00 0.00
229,155.30
2,497.66

0.00 3,036.72
539.06

0.00 207.77
(207.77)
331.29
331.29
3137B3NX2 FHLMC
K031 A2

3.3% Due 04/25/2023
03/12/2019
03/15/2019
200,000.00
201,158.70

0.00 0.00
201,082.18
110.00
550.00
110.00
550.00

0.00 76.52
(76.52)
473.48
473.48
3137B4GY6 FHLMC
K032 A2

3.31% Due 05/25/2023
07/23/2019
07/26/2019
170,000.00
172,298.41

0.00 0.00
172,163.78

93.78 468.92

0.00 134.63
(134.63)
334.29
334.29
3137B5JM6 FHLMC
K034 A2

3.531% Due 07/25/2023
08/28/2018
08/31/2018
200,000.00
201,278.11

0.00 0.00
201,211.72
588.50
588.50
588.50
588.50

0.00 66.39
(66.39)
522.11
522.11
3137BM6P6 FHLMC
K721 A2

3.09% Due 08/25/2022
06/26/2019
06/28/2019
131,793.12
141,606.57

0.00 9,126.99
132,347.44
362.87
362.87
339.37
339.37

0.00 132.14
(132.14)
207.23
207.23
3137EAER6 FHLMC
Note

0.375% Due 05/05/2023
05/05/2020
05/07/2020
200,000.00
199,964.80

0.00 0.00
199,966.95
179.17

0.00 241.67

62.50 2.15

0.00 2.15

64.65 64.65
3137EAET2 FHLMC
Note

0.125% Due 07/25/2022
07/21/2020
07/23/2020
110,000.00
109,940.91

0.00 0.00
109,950.42

2.29 0.00

13.75 11.46

9.51 0.00

9.51 20.97

20.97 3137EAEY1 FHLMC
Note

0.125% Due 10/16/2023
10/14/2020
10/16/2020
150,000.00
149,682.18

0.00 0.00
149,696.49

54.69 0.00

70.31 15.62

14.31 0.00

14.31 29.93

29.93 Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 19 XXXXX

Page 174 ends

0.25% Due 11/06/2023
11/03/2020
11/05/2020
220,000.00
219,883.84

0.00 0.00
219,888.90
129.86

0.00 175.69

45.83 5.06

0.00 5.06

50.89 50.89
362554AC1 GM Financial Securitized Term
2021-4 A3

0.68% Due 09/16/2026
10/13/2021
10/21/2021
25,000.00
24,999.41

0.00 0.00
24,999.43

7.08 14.17

0.02 0.00

0.02 14.19

14.19 380146AC4 GM Financial Auto Receivables
2022-1 A3

1.26% Due 11/16/2026
01/11/2022
01/19/2022
25,000.00
24,997.85

0.00 0.00
24,997.90

10.50 23.63

13.13 26.26

0.05 0.00

0.05 26.31

26.31 43813GAC5 Honda Auto Receivables Trust
2021-1 A3

0.27% Due 04/21/2025
02/17/2021
02/24/2021
25,000.00
24,999.68

0.00 0.00
24,999.69

1.88 5.63

0.01 0.00

0.01 5.64

5.64 43813KAC6 Honda Auto Receivables Trust
2020-3 A3

0.37% Due 10/18/2024
09/22/2020
09/29/2020
55,000.00
54,995.38

0.00 0.00
54,995.58

7.35 17.00

0.20 0.00

0.20 17.20

17.20 43815BAC4 Honda Auto Receivables Trust
2022-1 A3

1.88% Due 05/15/2026
02/15/2022
02/23/2022
55,000.00

0.00 54,991.73

0.00 54,991.77

0.00 0.00

22.98 22.98

0.04 0.00

0.04 23.02

23.02 43815GAC3 Honda Auto Receivables Trust
2021-4 A3

0.88% Due 01/21/2026
11/16/2021
11/24/2021
35,000.00
34,993.05

0.00 0.00
34,993.22

8.56 25.67

0.17 0.00

0.17 25.84

25.84 43815NAC8 Honda Auto Receivables Trust
2019-3 A3

1.78% Due 08/15/2023
08/20/2019
08/27/2019
30,656.55
34,884.67

0.00 4,228.18
30,656.51

27.60 51.75

24.25 48.40

0.02 0.00

0.02 48.42

48.42 44891RAC4 Hyundai Auto Receivables Trust
2020-C A3

0.38% Due 05/15/2025
10/20/2020
10/28/2020
55,000.00
54,992.18

0.00 0.00
54,992.47

9.29 17.42

0.29 0.00

0.29 17.71

17.71 Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 20 XXXXX

Page 175 ends

0.74% Due 05/15/2026
11/09/2021
11/17/2021
25,000.00
24,994.79

0.00 0.00
24,994.92

8.22 15.42

0.13 0.00

0.13 15.55

15.55 4581X0DZ8 Inter-American Dev Bank
Note

0.5% Due 09/23/2024
09/15/2021
09/23/2021
170,000.00
169,889.24

0.00 0.00
169,892.45
302.22

0.00 373.06

70.84 3.21

0.00 3.21

74.05 74.05
459058GQ0 Intl. Bank Recon & Development
Note

2.5% Due 03/19/2024
01/26/2021
01/28/2021
150,000.00
157,113.01

0.00 0.00
156,856.68
1,375.00

0.00 1,687.50
312.50

0.00 256.33
(256.33)

56.17 56.17
459058JM6 Intl. Bank Recon & Development
Note

0.25% Due 11/24/2023
11/17/2020
11/24/2020
105,000.00
104,863.73

0.00 0.00
104,869.50

48.85 0.00

70.73 21.88

5.77 0.00

5.77 27.65

27.65 45950KCR9 International Finance Corp
Note

1.375% Due 10/16/2024
07/12/2021
07/14/2021
100,000.00
102,233.38

0.00 0.00
102,170.08
401.04

0.00 515.63
114.59

0.00 63.30
(63.30)

51.29 51.29
46647PAH9 JP Morgan Chase & Co
Callable Note 2X 3/1/2024

3.22% Due 03/01/2025
08/19/2020
08/21/2020
140,000.00
146,607.43

0.00 0.00
146,363.67
1,878.33

0.00 2,254.00
375.67

0.00 243.76
(243.76)
131.91
131.91
47787NAC3 John Deere Owner Trust
2020-B A3

0.51% Due 11/15/2024
07/14/2020
07/22/2020
22,419.67
24,978.96

0.00 2,561.43
22,417.83

5.66 10.62

5.08 10.04

0.30 0.00

0.30 10.34

10.34 47788UAC6 John Deere Owner Trust
2021-A A3

0.36% Due 09/15/2025
03/02/2021
03/10/2021
40,000.00
39,994.23

0.00 0.00
39,994.39

6.40 12.00

0.16 0.00

0.16 12.16

12.16 47789JAD8 John Deere Owner Trust
2019-A A3

2.91% Due 07/17/2023
06/24/2020
06/26/2020
13,046.07
19,162.42

0.00 5,991.23
13,119.50

24.62 46.17

16.87 38.42

0.00 51.69
(51.69)
(13.27)
(13.27)
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 21 XXXXX

Page 176 ends

1.1% Due 08/15/2024
03/04/2020
03/11/2020
40,088.34
44,301.91

0.00 4,215.12
40,086.98

21.66 40.61

19.60 38.55

0.19 0.00

0.19 38.74

38.74 47789QAC4 John Deere Owner Trust
2021-B A3

0.52% Due 03/16/2026
07/13/2021
07/21/2021
45,000.00
44,996.58

0.00 0.00
44,996.66

10.40 19.50

0.08 0.00

0.08 19.58

19.58 58769KAD6 Mercedes-Benz Auto Lease Trust
2021-B A3

0.4% Due 11/15/2024
06/22/2021
06/29/2021
50,000.00
49,997.11

0.00 0.00
49,997.22

8.89 16.67

0.11 0.00

0.11 16.78

16.78 594918BX1 Microsoft
Callable Note Cont 12/6/2023

2.875% Due 02/06/2024
03/05/2020
03/09/2020
125,000.00
129,098.56

0.00 0.00
128,928.04
1,746.96
1,796.88
249.57
299.49

0.00 170.52
(170.52)
128.97
128.97
65479JAD5 Nissan Auto Receivables Owner
2019-C A3

1.93% Due 07/15/2024
10/16/2019
10/23/2019
43,016.20
47,434.07

0.00 4,419.17
43,015.06

40.69 76.29

36.90 72.50

0.16 0.00

0.16 72.66

72.66 69371RR40 Paccar Financial Corp
Note

0.5% Due 08/09/2024
08/03/2021
08/09/2021
50,000.00
49,977.34

0.00 0.00
49,978.03
119.44
125.00

15.28 20.84

0.69 0.00

0.69 21.53

21.53 69371RR57 Paccar Financial Corp
Note

0.9% Due 11/08/2024
11/02/2021
11/08/2021
90,000.00
89,995.02

0.00 0.00
89,995.16
186.75

0.00 254.25

67.50 0.14

0.00 0.14

67.64 67.64
747525AR4 Qualcomm Inc
Callable Note Cont 12/30/2022

2.6% Due 01/30/2023
02/11/2020
02/13/2020
135,000.00
136,009.41

0.00 0.00
135,924.28

9.75 0.00
302.25
292.50

0.00 85.13
(85.13)
207.37
207.37
78015K7C2 Royal Bank of Canada
Note

2.25% Due 11/01/2024
09/22/2020
09/24/2020
135,000.00
140,684.72

0.00 0.00
140,526.18
759.38

0.00 1,012.50
253.12

0.00 158.54
(158.54)

94.58 94.58
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 22 XXXXX

Page 177 ends

0.625% Due 07/15/2024
06/29/2021
07/12/2021
20,000.00
19,991.69

0.00 0.00
19,991.95

5.56 0.00

15.97 10.41

0.26 0.00

0.26 10.67

10.67 808513BN4 Charles Schwab Corp
Callable Note Cont 2/18/2024

0.75% Due 03/18/2024
Various
Various
160,000.00
160,550.44

0.00 0.00
160,529.78
443.33

0.00 543.33
100.00

0.77 21.43
(20.66)

79.34 79.34
857477BR3 State Street Bank
Callable Note Cont 2/6/2025

1.746% Due 02/06/2026
02/02/2022
02/07/2022
35,000.00

0.00 35,000.00

0.00 0.00

40.74 40.74

0.00 0.00

0.00 40.74

40.74 89114QCB2 Toronto Dominion Bank
Note

3.25% Due 03/11/2024
07/16/2019
07/18/2019
130,000.00
131,942.88

0.00 0.00
131,872.14
1,643.06

0.00 1,995.14
352.08

0.00 70.74
(70.74)
281.34
281.34
89232HAC9 Toyota Auto Receivable Own
2020-A A3

1.66% Due 05/15/2024
07/06/2020
07/08/2020
108,387.29
119,658.64

0.00 9,728.87
109,755.20

87.14 163.39

79.97 156.22

0.00 174.57
(174.57)
(18.35)
(18.35)
89236TEL5 Toyota Motor Credit Corp
Note

2.7% Due 01/11/2023
01/25/2019
01/29/2019
130,000.00
129,408.69

0.00 0.00
129,456.82
195.00

0.00 487.50
292.50

48.13 0.00

48.13 340.63
340.63
89236XAC0 Toyota Auto Receivables
2020-D A3

0.35% Due 01/15/2025
10/06/2020
10/13/2020
45,000.00
44,994.19

0.00 0.00
44,994.34

7.00 13.13

0.15 0.00

0.15 13.28

13.28 89240BAC2 Toyota Auto Receivables Owners
2021-A A3

0.26% Due 05/15/2025
02/02/2021
02/08/2021
75,000.00
74,990.49

0.00 0.00
74,990.83

8.67 16.25

0.34 0.00

0.34 16.59

16.59 91159HHX1 US Bancorp
Callable Note Cont 6/28/2024

2.4% Due 07/30/2024
03/25/2021
03/29/2021
150,000.00
156,232.17

0.00 0.00
156,033.42

10.00 0.00
310.00
300.00

0.00 198.75
(198.75)
101.25
101.25
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 23 XXXXX

Page 178 ends

1.625% Due 08/31/2022
11/26/2019
11/27/2019
70,000.00
70,018.89

0.00 0.00
70,016.38
483.91
568.75

3.09 87.93

0.00 2.51
(2.51)

85.42 85.42
9128286L9 US Treasury
Note

2.25% Due 03/31/2026
02/25/2022
02/28/2022
130,000.00

0.00 131,746.88

0.00 131,745.71

0.00 (1,213.39)
1,221.43

8.04 0.00

1.17 (1.17)

6.87 6.87
912828M80 US Treasury
Note
2% Due 11/30/2022
Various
Various
225,000.00
225,219.36

0.00 0.00
225,199.02
778.85

0.00 1,125.00
346.15

15.60 35.94
(20.34)
325.81
325.81
912828R36 US Treasury
Note

1.625% Due 05/15/2026
10/14/2021
10/15/2021
120,000.00
123,207.70

0.00 0.00
123,150.27
420.17

0.00 570.99
150.82

0.00 57.43
(57.43)

93.39 93.39
912828T26 US Treasury
Note

1.375% Due 09/30/2023
08/15/2019
08/16/2019
225,000.00
224,699.39

0.00 0.00
224,713.28
1,053.91

0.00 1,291.90
237.99

13.89 0.00

13.89 251.88
251.88
912828V80 US Treasury
Note

2.25% Due 01/31/2024
10/29/2019
10/30/2019
225,000.00
227,519.19

0.00 0.00
227,422.43

13.98 0.00
405.56
391.58

0.00 96.76
(96.76)
294.82
294.82
912828VB3 US Treasury
Note

1.75% Due 05/15/2023
01/17/2020
01/21/2020
225,000.00
225,424.92

0.00 0.00
225,399.50
848.41

0.00 1,152.97
304.56

0.00 25.42
(25.42)
279.14
279.14
912828WJ5 US Treasury
Note

2.5% Due 05/15/2024
12/12/2019
12/13/2019
200,000.00
203,336.49

0.00 0.00
203,224.47
1,077.35

0.00 1,464.09
386.74

0.00 112.02
(112.02)
274.72
274.72
912828YG9 US Treasury
Note

1.625% Due 09/30/2026
12/28/2021
12/29/2021
200,000.00
203,462.09

0.00 0.00
203,405.13
1,107.14

0.00 1,357.14
250.00

0.00 56.96
(56.96)
193.04
193.04
Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 24 XXXXX

Page 179 ends

0.5% Due 03/31/2025
03/25/2021
03/29/2021
125,000.00
124,691.88

0.00 0.00
124,699.36
212.91

0.00 260.99

48.08 7.48

0.00 7.48

55.56 55.56
912828ZH6 US Treasury
Note

0.25% Due 04/15/2023
06/24/2021
06/25/2021
220,000.00
220,068.54

0.00 0.00
220,064.16
164.70

0.00 207.01

42.31 0.00

4.38 (4.38)

37.93 37.93
912828ZT0 US Treasury
Note

0.25% Due 05/31/2025
02/25/2021
02/26/2021
250,000.00
247,138.61

0.00 0.00
247,204.55
108.17

0.00 156.25

48.08 65.94

0.00 65.94
114.02
114.02
912828ZU7 US Treasury
Note

0.25% Due 06/15/2023
06/24/2021
06/25/2021
220,000.00
220,000.00

0.00 0.00
220,000.00

72.53 0.00
114.84

42.31 0.00

0.00 0.00

42.31 42.31
91282CAZ4 US Treasury
Note

0.375% Due 11/30/2025
12/09/2020
12/10/2020
175,000.00
174,768.45

0.00 0.00
174,773.09
113.58

0.00 164.06

50.48 4.64

0.00 4.64

55.12 55.12
91282CCG4 US Treasury
Note

0.25% Due 06/15/2024
06/17/2021
06/18/2021
250,000.00
248,956.65

0.00 0.00
248,990.42

82.42 0.00
130.49

48.07 33.77

0.00 33.77

81.84 81.84
91282CCT6 US Treasury
Note

0.375% Due 08/15/2024
08/25/2021
08/26/2021
250,000.00
249,524.93

0.00 0.00
249,539.30
433.08
468.75

36.26 71.93

14.37 0.00

14.37 86.30

86.30 91282CDH1 US Treasury
Note

0.75% Due 11/15/2024
11/18/2021
11/19/2021
225,000.00
224,475.62

0.00 0.00
224,490.04
363.60

0.00 494.13
130.53

14.42 0.00

14.42 144.95
144.95
92290BAA9 Verizon Owner Trust
2020-B A

0.47% Due 02/20/2025
08/04/2020
08/12/2020
80,000.00
79,988.67

0.00 0.00
79,988.95

11.49 31.33

0.28 0.00

0.28 31.61

31.61 Execution Time: 3/1/2022 10:23:11 PMChandler Asset Management - CONFIDENTIAL Page 25 XXXXX

Page 180 ends

Bell City CouncilMarch 23, 2022

Bell City Council
March 23, 2022