Bell City Council
June 14, 2023

Agenda
Regular Meeting of the
B
ell City Council/Bell Community Housing Authority/Successor Agency to the Bell Community Redevelopment Agency/ Bell Public Finance Authority Wednesday, June 14, 2023
5:00 P.M. CLOSED SESSION
7:
00 P.M. OPEN SESSION
BEL

L COMMUNITY CENTER
6250 PINE AVENUE, BELL CA 90201
Monica Arroyo
Mayor
F
idencio J. Gallardo A
na Maria Quintana
Vice-Mayor Council Member

Alicia Romero Ali 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
T
here 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
I
f 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. Pl ease submit the completed card to the City Clerk prior 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
T
he 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 to contact the City Clerk’s Office at (323) 588- 6211, Ext. 2615 , at least 48 hours prior to the scheduled meeting to ensure that we may assist you. Live Spanish interpretation is available at all council meetings.

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
June 14, 2023

REGULAR JOINT MEETING OF THE
B
ell City Council/Bell Community Housing Authority/Successor Agency to the Bell Community Redevelopment Agency/Bell Public Finance Authority June 14
, 2023
5 :00 P.M. Closed Session
7:00 P.M. Regular Meeting
Locat
ion: Bell Community Center, 6250 Pine Avenue, Bell CA 90201

C
all to Order
R
oll Call of the City Council in their capacities as Councilmembers/Members of all Related Agencies: Quintana, Romero, Saleh, Gallardo and Arroyo C
ommunications from the Public on Closed Session Items
Thi
s 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.

C
losed Session
The C
ity Council and the related Authorities and Agencies will recess to closed session to confer with legal counsel regarding the following matters:
a) C
onference with Legal Counsel – Existing Litigation, Government Code Section 54956.
9(d)(1), Kai Joseph Vs City of Bell, (WCAB # ADJ13684916) b) C
onference with Legal Counsel – Existing Litigation, Government Code Section 54956.
9(d)(1), Roy Serrano Vs City of Bell, (WCAB # TBD)
c) CO
NFERENCE WITH LABOR NEGOTIATORS- Government Code Section 54957.6, A
gency designated representatives: City Manager Michael L. Antwine II, and City Attorney Dave Aleshire
E
mployee Organization: All Unpresented Employees and At-will Management Group d) Potential Initiation of litigation pursuant Government Code Section 54956.9(d)(4): Two Case
s

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 calls you to approach the podium. Please clearly state your name and address and proceed to make your comments .

You may also sub mit input electronically through a temporary public comment email established for City of Bell meetings at [email protected]. Y our written comment must be submitted by 4pm on Wednesday, June 14, 2023. Any emails received after the time indicated will not be included in the record. Written Comments will be subject to the three minute ti me 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
June 14, 2023
Reconvene Regular City Council Meeting
R
oll Call of the City Council in their capacities as Councilmembers/Members of all Related Agencies: Quintana, Romero, Saleh, Gallardo and Arroyo P
ledge of Allegiance
C
ity Attorney Report
The C
ity Attorney will report out on any action(s) to be taken by the City Council/Agencies on Closed Session matters.

P
resentations and Recognitions
a. C
ertificate of Recognition to Daniel Zuniga
b. Proclamation declaring the month of June 2023 as Lesbian, Gay, Bisexual, Transgender, Queer, and Intersex Pride Month
c. Innovative Clean Transit (ICT) and Fleet Overview Presentation by Willdan C
ommunications from the Public
Thi
s 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)
M
ayor and City Council Communications
P
ursuant 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.

C
ity Manager Report
I
n this portion of the agenda, the City Manager will provide a b rief report on items of interest to the City Council and/or the community.

B
usiness Session
1 . Consideration to Cancel Two Regular Scheduled Council Meetings. (Council) R
ecommendation: It is recommended that the City Council cancel the July 12, 2023, and August 9, 2023, City Council meetings.

2. R
esolution No. 2023-36 Adopting a List of Projects for FY 23/24 for the Use of Funds from the Road Repair and Accountability Act of 2017 (SB-1). (City Council) R ecommendation: It is recommended that the City Council read by title only, waive further reading and adopt Resolution No. 2023-36 titled:

A

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

BELL ADOPTING A LIST OF PROJECTS FOR FISCAL YEAR
2023-2024 TOTALLY OR PARTIALLY FUNDED BY SB- 1: THE
ROAD REPAIR AND ACCOUNTABILITY ACT OF 2017 (SB 1)
Meeting of the
Bell City Council and Related Agencies
June 14, 2023

3. C
onsider the approval of the Professional Service Agreement (PSA) for FORWARD for the 2023-2024 Commercial Rehabilitation Program. (City Council) R
ecommendation: It is recommended that the City Council approve a Professional Services Agreement (PSA) with Forward to perform construction project management/labor compliance services for the City of Bell’s Commercial Rehabilitation Program.

4. Consider the approval of the Professional Service Agreement (PSA) for FORWARD for the 2023-2024 Residential Rehabilitation Program. (City Council) R
ecommendation: It is recommended that the City Council approve the Professional Service Agreement (PSA) for FORWARD to perform administrative and oversight of subcontractor services for the City of Bell’s Residential Rehabilitation Program.

5. C
onsider the approval of the Professional Service Agreement (PSA) for RFRM Collective for the 2023-2024 Commercial Rehabilitation Program. (City Council) R
ecommendation: It is recommended that the City Council approve a Professional Services Agreement (PSA) for RFRM Collective to perform architectural design services for the City of Bell’s Commercial Rehabilitation Program.

6. A
mendment No. 2 with Graffiti Protective Coatings, Inc. (GPC) for Citywide Graffiti Abatement Services. (City Council)
R
ecommendation: It is recommended that the City Council approve Amendment No. 2 with Graffiti Protective Coatings, Inc. (GPC) for Citywide Graffiti Abatement Services.

7. C
onsideration to approve Amendment No. 3 with Infinity Technologies for Information Technology (IT) and Geographic Information Systems (GIS) services. (City Council) R
ecommendation: It is recommended that the City Council approve Amendment No. 3 with Infinity Technologies for Information Technology (IT) and Geographic Information Systems (GIS) services.

8. A
doption of the Recommended Budget for Fiscal Year 2023-2024. (City Council) R
ecommendation: It is recommended that the City Council read by title only, waive further reading and adopt Resolution 2023-37 titled:

A

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

BELL ADOPTING THE CITY BUDGET FOR THE FISCAL YEAR
COMMENCING JULY 1, 2023 AND ENDING JUNE 30, 2024
C
onsent 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.

R
ecommendation: Approve agenda items 9 through 11.

Meeting of the
Bell City Council and Related Agencies
June 14, 2023
9 . General Warrants, Successor Agency to the Bell Community Redevelopment Agency and Community Housing Authority Warrants dated June 14, 2023. (Council/Successor Agency to the Bell Community Redevelopment Agency/Bell Community Housing Authority). 10 . Receive and File the City of Bell and Bell Successor Agency Investment Report as of April 2023. (City Council/ Successor Agency to the Bell Community Redevelopment Agency) 1 1. Approve to schedule a Public Hearing on Wednesday, July 26, 2023, at 6:30 p.m. to consider the recording of liens to collect the delinquent rubbish fees against the properties listed on the final report of delinquent accounts. (City Council) P
ending Items – None
A
nnual Reorganization of the City Council
The
Reorganization of the Bell City Council for the year of 2023 in accordance with Bell Municipal Code Section 2.04.030(b).
a) E
lection of Mayor
b) Election of Vice Mayor
N
ext Regular Meeting, Wednesday, June 28, 2023
I
, Angela Bustamante, City Clerk of the City of Bell, certify that a true, accurate copy of the foregoing agenda was posted June 11 , 2023 at least seventy-two (72) hours prior to the meeting as required by law.
________________________________

Angela Bustamante, City Clerk

REGULAR MEETING OF THE
BE

LL CITY COUNCIL AND RELATED AGENCIES
J
une 14, 2023
5:
00 P.M. Closed Session
7:00 P.M. Regular Session
I
NDEX
A
genda Category Item Number Page Numbers
C
LOSED SESSION a - d
AG
ENDA & INDEX 1-7
P
UBLIC HEARINGS None
B
USINESS SESSION 1 8
2 9-14
3 15-50
4 51-77
5 78-102
6 103-169
7 170
8 171
CO
NSENT CALENDAR 9 172-280
10 281-368
11 369-381

February 21, 2023
Michael Antwine, City Manager
City of Bell
6330 Pine Avenue
Bell, CA 90201
Phone: (323) 588-6211, ext 2617
Email: [email protected]
RE: City of Bell Commercial Façade Improvement Rehabilitation Program Dear Michael,
Thank you for the opportunity to work with the City of Bell (“City”) on its Commercial Façade Improvement Rehabilitation Program.

Geocko, Inc., dba FORWARD, is pleased to provide this proposal to provide administration services for a program designed to help support and strengthen commercial properties across the City. Our proposed FORWARD solution includes program design and operations, application intake and processing, funds disbursement, and reporting, as well as Labor Compliance Review and contractor/subcontractor oversight to ensure compliance with the City’s requirements.

We are excited about the opportunity to partner with the City through this program. The following pages include a recommended outline for program design and pricing for program administration services. FORWARD is committed to working closely with the City at every step of the way to support the success of this program.

If you have any questions about our proposal or want to learn more about our solution, please contact Raven McShane, Senior Director of Growth, via phone at (206) 892-8298 or via email at [email protected].

We look forward to speaking with you soon.

Sincerely,
Adnan Mahmud

CEO, FORWARD

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

COMMERCIAL FAÇADE IMPROVEMENT REHABILITATION

PROGRAM
Program Overview
We understand that the City of Bell (“City”) is looking to leverage the FORWARD platform for its Commercial Façade Improvement Rehabilitation Program, which provides awardees with funds to be used toward property rehabilitation projects. Basic program parameters are understood to be as follows:

Commercial Rehabilitation
Program Funds $280,000 (estimated)
Funding Sources CDBG
Use of Funds Exterior building and accessibility improvements Program Recipients Landlords with multiple businesses
and businesses located within the City of Bell
Eligible Costs
(To be finalized during program design) Paint, signage, and lighting Number of Awards 4 to 8 awards
Payment Method ACH or paper checks
Award Amounts Up to $70,000
Implementation Start June 15, 2023* (estimated)
Program Go-Live July 31, 2023** (estimated)
Application Period Until 100% of funds are distributed or committed Program End December 31, 2023
* Implementation date will be determined during the contracting phase. ** Go-live date will be discussed and mutually agreed upon during the implementation and program design phase.

To support these programs, FORWARD is proposing an integrated program administration solution that will support program design and operations; application intake, processing, and approval; distribution of award funds; and reporting. We believe that our approach represents a technically sound, programmatically effective, ef
ficient, and fiscally prudent methodology to achieve the City’s vision, objectives, and deliverables for these programs.

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

About FORWARD
FORWARD is the leading Integrated Program Administration solution for state and local governments. By bringing all the components, people, and technology into a single workflow, FORWARD is able to administer assistance programs quickly, equitably, and securely. FORWARD works with state and local government agencies across the United States and has become a trusted steward of administering funds under government-funded programs such as American Rescue Plan Act (ARPA), Coronavirus Aid, Relief, and Economic Security (CARES) Act, Community Development Block Grant (CDBG), and Coronavirus State and Local Fiscal Recovery Funding (CSLFRF).

The FORWARD solution was designed for scalability and its capabilities have been leveraged for programs ranging from hundreds of thousands up to millions of dollars. To date, we are administering and distributing more than $700 million in assistance across dozens of jurisdictions, the majority of which went to historically disadvantaged and marginalized communities. We have been able to achieve this level of success because our platform, operations, staf fing, and resources
are designed to scale. Program processes—including program information, application completion, eligibility review, approvals or denials, communications, and funds disbursement—are built into our solution and automated where possible, which allows us to quickly implement, launch, and support programs such as the City’s Commercial Façade Improvement Rehabilitation Program.

Proposed Program Services and Pricing
FORWARD provides the City with the infrastructure, technology, applicant support, application process, funds disbursement, and end-to-end support of the Commercial Façade Improvement Rehabilitation Program, as outlined below.

The total cost for FORWARD to provide the following program administration services for these programs is 13.75% of the $280,000 total in program funds. We will work with the City to finalize
the costs before the start of the project.

Proposed Program Services and Pricing
Program Administration
We will work with the City to review, document, operationalize and implement program’s goals and requirements, applicant eligibility criteria and allowable expenses, program timeline, and division of responsibilities. Additionally, we will conduct regular project/progress meetings and share real-time data with key breakdowns, including a final report on program metrics and outcomes.

Services include:
● Program implementation and administration
● Customer/account management support
● Accounting, audit, and financial reporting
● Archiving and compliance

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

Portal Development
We provide a fully operational and secure program-specific application portal – including intuitive, adaptable application and administrative interfaces – that simplifies program management and automates administration, operations, and reporting functions. With our easy-to-use platform, we can provide program information, collect and review applications, distribute award funds, and support reporting.

Services include:
● Hosting and maintenance of FORWARD platform
● Build of program-specific portal, including program information, eligibility criteria, and application/payment processing
● Collection, processing, and retention of applications and documentation Marketing and Application Intake, Review, and Processing The application will be customized to the program based on the eligibility criteria and requirements determined during program design. The checks for application completeness and validity are driven by the eligibility criteria and documentation requirements. We will work with the City to ensure that the process is consistent and equitable across all applications. Each application undergoes a multi-step review process.

Services include:
● Marketing and community partner engagement (including language assistance), community outreach materials and campaigns
● Application and portal assistance to applicants
● Application review and eligibility check
● Application verification (if more information is needed from the applicant) Payment Services & Reporting
Awardees will receive an award notification letter; funds will be disbursed via ACH or check. Any City preferences for pre-funds disbursement review/approval steps, payment frequency, and other program requirements can be built into our processes and workflows.

Services include:
● Payment processing/distribution and banking fees
● Tax reporting (1099s) to awardees, if required
Labor Compliance Review and Contractor/Subcontractor Oversight FORWARD will identify, subcontract, and manage all aspects of Labor Compliance Review on this project., including oversight of contractors/subcontractors. The scope of work for these services includes:
● Verify applicable wage determination ten (10) days prior to bid opening; document verification as required. If wage determination has changed from what appears in project specifications, provide draft addendum for dissemination to plan holders.
● Verify eligibility of selected contractor and its subcontractors to receive contract awards by confirming current, active license status with Contractors State License Board; current, valid contractor’s bond and workers’ compensation coverage; and non-appearance on Federal List of Parties Excluded and State Division of Labor Standards Enforcement debarment lists. Prepare Notice of Contract Award to U.S. Department of Labor Office of Federal Contract Compliance Programs (OFCCP) and Agency Report of Contract Award to the Los Angeles County Community Development Authority (LACDA). ● Attend preconstruction conference to present federal labor compliance requirements to contractor and subcontractors; prepare minutes and attendance record thereof.

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

● Verify and document jobsite posting of wage rate information and required labor compliance posters. ● Conduct site visits to monitor workforce utilization; perform labor compliance interviewing of employees on site, using appropriate forms, in the proper frequency and of the proper work classifications required by governmental authorities.
● Receive and review labor compliance documentation from public works observers or inspectors and compare with contractor-submitted documents and interviews. Monitor contractor-submitted payroll documentation on a continuous basis, including weekly certified payroll reports, fringe benefit statements, apprenticeship documentation, and payroll deduction authorizations. ● Follow up with contractor by telephone, email, and/or certified mail regarding required document submittals and payroll discrepancies. Provide detailed description of alleged deficiencies, outline corrective action to be taken, and enforce regulatory deadlines for compliance. ● Receive, pursue, and document labor complaints; prepare violation reports to oversight entities as required; recommend special action to be taken if contractor continuously fails to comply with requests and requirements.
● Coordinate with City staff the withholding of progress and/or retention payments if contractor fails to abide by labor compliance requirements.
● Assist City with preparation of various reporting documents for submission to LACDA. ● Maintain content and format of federal labor compliance file in conformance with applicable government requirements.
● Coordinate project file reviews by authorized county, state, and federal agencies. Attend file review with LACDA at project completion; assist City in obtaining project clearance for labor compliance. ● Submit complete federal labor compliance file to City for retention.

Program Administration Total (13.75%) $38,500
Labor Compliance Review and Contractor/Subcontractor Oversight Total $6,035 TOTAL Fees $44,535
Program and Pricing Assumptions
FORWARD’s administrative fee of 13.75% is assessed as a percentage of the total program funds.

In our pricing, we are making the following assumptions. ● The estimated go-live date for this program is July 31, 2023. The anticipated contract term is 5 months.
● FORWARD will provide identi
fication, oversight, and monitoring of Labor Compliance
Review requirements for this project, with the scope of work detailed in the above Labor Compliance Review and Contractor/Subcontractor Oversight section. ● Pricing assumes the administration and distribution of $280,000 in program funds. ● Payments to businesses will be via ACH or paper checks. ● FORWARD will be reimbursed after payments are distributed to approved awardees.

FORWARDs administration fee of 13.75% may be reduced by 1% if the City elects to release program funds to FORWARD prior to the distribution of awards to awardees.

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

If the City requests changes to the Program Services, Schedule, or Assumptions, FORWARD reserves the right to propose modifications to the Pricing for the performance of work. Should the City and FORWARD mutually agree upon an equitable modification to the Pricing, FORWARD will send a formal Change Order Approval Request for Signature.

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

COMMERCIAL

REHABILITATION FACADE

IMPROVEMENT PROGRAM
Policies and Procedures
May 2019
Amended April 24, 2023
Approved LACDA 05312019
Amendment Approved LACDA 07212020

Council Policy
Page2

CITY OF BELL
Commercial Rehabilitation Facade
Improvement Program Guidelines
Table of Contents
I. Overview of Program 3
II. Applicant Eligibility Requirements 7
III. Property Eligibility Requirements 8
IV. Program Procedures 10
V. Miscellaneous Program Requirements 15
VI. Amendments 18

City of Bell
CDBG Commercial Rehabilitation Facade Improvement Program

SECTION I - OVERVIEW OF PROGRAM
A. Purpose, Goal and Objective of Program
The purpose of th e Commercial Rehabilitation Facade Improvement Program (“Program”) is to provide financial assistance to property/business owners with the renovation of commercial buildings, commercial structures, and facades along Gage Avenue and Florence Aven ue between Atlantic Avenue and Salt Lakes Avenue and along Atlantic Avenue between Gage Avenue and Florence Avenue Project Area ("Target Area"). The funds can only be used towards the rehabilitation of the street facing side of the Qualified Property. Corner buildings will be reviewed on a case by case basis by the Review Committee. The Program will fund Grants to eligible commercially zoned developed parcels located in the Target Area. Detailed eligibility criteria are outlined in Sections II and III. The goal of this Program is to facilitate economic growth and commercial revitalization, correct code violations, stimulate private investment and upgrade the physical image of the Target Area through the use of Community Development Block Grant (CDBG).

B. Source of Funds and Relationship with Grantor
The Program is being funded by the U.S. Department of Housing and Urban Development (HUD) Community Development Block Loan (CDBG) Program. The source of funds is the County Development Authority (LACDA) of the County of Los Angeles, which acts as an agent for and is the recipient of the CDBG funds. These funds are designed to meet community development needs in the removal of blight, particularly in low- and moderate- income areas.

As a disbursing agent for CDBG funds, the LACDA has subcontracted with the City to provide the administrative services for commercial rehabilitation activities. As such, the City is responsible for marketing the Program, processing and packaging all rehabilitation grants/loans it obtains for the Program, performing on-site inspections, and acting as a quality control agent relative to Program activity. When utilizing CDBG funds, the City is obligated to fulfill the terms and conditions of its contract with the LACDA, established LACDA policies and procedures, and Federal, state, and local rules and regulations.

C. Types of Assistance Available
Assistance shall be available to eligible property owners within the Target Area in the form of a grant. The Review Committee will revie w each application to assure that the rehabilitation work proposed will accomplish the goals set by the Review Committe e. All grants will require majority approval by the Review Committee in order to obtain assistance.

The City will only pay for those architectural services specifically retained by the City in connection with rehabilitation work proposed under the Commercial Rehabilitation Program.

Should a property owner choose to hire an independent a rchitect, the property owner will be required to solicit a minimum of three estimates for architectural services and may be reimbursed up to a maximum of 20% of the grant amount for these services, provided funding is available. If the applicant does not complete the reha bilitation work as agreed upon, the applicant will not be entitled to a rebate for the architectural fees.

City of Bell
CDBG Commercial Rehabilitation Facade Improvement Program

To the extent that funds are available, each type of program funding loans shall be available to each property owner who meets the requirements of Section II and III.

Descriptions of the grant programs are as follows:

1. Assistance of up to a maximum amount of One Hundred Thousand dollars ($100,000).

2. Approved applicants may receive professional architectural design services, for exterior commercial building storefront improvements, up to a maximum of 20% of the grant amount, subject to staff recommendation and Community Development Director approval.

3. Maintenance Covenant:

A maintenance covenant will be recorded against the property to require the property owner to keep and maintain the exterior facade of the property “in good condition” and repair for a period of ten (5) years. In the event the improvements are not preserved and maintained within the 5-year period, the Commission reserves the right to recover the grant funds. The property owner will be obligated to reimburse the Commission in the event of a violation of the maintenance covenant.

D. Meeting CDBG Program National Objective Standards
The Commercial Rehabilitation Program will meet the CDBG Program national objective of benefit to low - moderate income perso ns by documenting that the applicant provides goods or services to the local commu nity, the service area is primarily residential, and the area is primarily occupied by low – moderate income persons. The applicant must provide documentation of the business’ service area. The City will use zoning maps to document the service area as primarily residential and located within the Program service area.

Additionally, the City will confirm the low-moderate income status of the applicant’s service area through the Los Angeles County Development Authority (LACDA) the Map Locator (found at ht tp://egis3.lacounty.gov/cdclocator). The Map Loc ator includes the latest data based upon the Census Bureau’s American Community Survey. The U.S. Department of Housing and Urban Development (HUD) requires this data to be used to determine the eligibility of low- and moderate-income areas for CDBG activities.

The City will require the applicant to submit documentation of the goods or services they provide and justify the need for CDBG funds as part of providing goods and services. This documentation must be provided prior approval. After expenditure of the CDBG loan funds, the City will require the applicant to submit documentation that the business continues to provide goods and services to low-moderate income area residents.

City of Bell
CDBG Commercial Rehabilitation Facade Improvement Program

E. Funding Availability
Funding under the Commercial Rehabilitation Program is limited, and is awarded on a case by case basis as approved by the Review Committee.

F. Marketing/Advertising
The City will be marketing the program by utilizing the City website, social media, and City’s printed assets.

City of Bell
CDBG Commercial Rehabilitation Facade Improvement Program

SECTION II - APPLICANT ELIGIBILITY REQUIREMENTS
A. Property Ownership
The Program will provide grants for commercial facade improvements services to eligible property owners and com mercial tenants (with property owner’s written consent), within designated Target Areas. Grants will be made only to applicants meeting the criteria in Section III.

If both the property owner and business owner (tenant) apply for participation in the Commercial Rehabilitation Program, the owner of the property will have priority over the business owner.

B. Utilization
As a result of participating in this rehabilitation Program, the applicant must adequately demonstrate that the subject property will be or will continue to be utilized for commercial purposes and that such use is authorized by the City's adopted zoning ordinance.

City of Bell
CDBG Commercial Rehabilitation Facade Improvement Program

SECTION III - PROPERTY ELIGIBILITY REQUIREMENTS
A. Eligibility Under the Program
To be eligible for the P rogram, the Q ualified Property to be re habilitated must be located within the corporate City limits and located within the Target Area and free from any existing code violations on the property, unless those violations would be corrected by the approved rehabilitation project.

1. The façade impro vements are for commercial (retail and wholesale) and service establishments, including:
a. Professional services (i.e., accountants, doctors office, architects, engineers, etc.).
b. Personal services (i.e., barbers/hair salons, shoe repair, dry cleaners, laundromats, etc.).
c. Neighborhood services (i.e., non-franchise restaurants, convenience stores, and produce stores, bakeries, health food stores, apparel stores, hobby shops, etc.). d. Repair services (i.e., office equipment, locksmiths, plumbers, etc.). e. Business services (i.e., advertising, office management, printing, etc.).

B. Minimum Property Rehabilitation Standards
All work performed under the provisions of this Program shall meet all applicable standards contained in the City's adopted zoning ordinance and such other codes as designated by the City.

C. Eligible Structures
Buildings or structures eligible for rehabilitation under this Program must be zoned for commercial, as applicable, and developed for uses permit ted by local regulations. Non - conforming Qualified Property and uses may be assisted if the City finds that such assistance will be in the public's interest and consistent with local regulations and ordinances.

D. Signs
In order to participate in the Pr ogram, all signage on the property to b e rehabilitated must be brought up to conformance and main tained in conformance with the City’s sign ordinance. Additionally, existing roof signs must be removed and pole signs re placed or removed.

E. Ineligible Properties and Uses Propertie s or uses not eligible for this Program include, but are not limited to:
a. Banks, savings and loan associations, gas and service stations, used car lots and adult entertainment businesses (i.e., smoke shops, liquor stores, bars, etc.) are not eligible for this Program.
b. Uses not permitted under the commercial zone.

City of Bell
CDBG Commercial Rehabilitation Facade Improvement Program

c. Property that has any judgment liens , is not current on all mortgage and tax obligations, and unpermitted improvements (i.e. illegal additions, remediation of code violations m ore than 25% of the grant amount, or at the discretion of the Community Development Director).

F. Rehabilitation Priority Repair
Commercial Buildings and Structures
In accordance with t he regulation s implementing the CDBG Program , 24CFR 570.202 (a)(3), assistance may only be used for exterior rehabilitation items. Such exterior improvements may include exterior refinishing, new signage, and building facade reconfiguration. Assistance may be provided for landscaping only if it is secondary to and in conjunction with building rehabilitation to be completed under the program. The Review Committee will be responsible for determining whether the proposed work is eligib le under these guidelines. Program a ssistance can also be used for front fa cing exterior building and health code violations, seismic upgrades, and American with Disabilities Act (ADA) compliance requirements as identified by the City.

G. Permit Fees
In addition to eligible direct construction costs, Grant funds may be used to pay recording fees, plan check fees, and building permit fees.

City of Bell
CDBG Commercial Rehabilitation Program

SECTION IV - PROGRAM PROCEDURES
A. Applicant Intake and Eligibility Determination

1. Pre-Screening. To the extent possible, prospective applicants shall be pre - screened for basic eligibility requirements over the tel ephone. A log of pre- screening calls shall be maintained by the City.

2. Application. Persons may apply for Program assistance by completing application forms available at the City and submitting a completed application form and all required back up mat erials to the Bell Community De velopment Department.

Applications will be reviewed by the Review Committee. The City will maintain a waiting list for all pre-approved applicants.

3. Verification and Eligibility Determination . The City shall verify all information obtained in connection with an application, as necessary. Applicants will be notified in writing regarding eligibility status.

4. Rehabilitation Feasibility Determination. Once an applicant has been determined to meet eligibility requirements, the following procedures will apply:
a. An initial inspection of t he property will be made by the City’s planning staff and Program Consultant to determine the extent of any code violations as well as any health and safety issues that need to be correc ted pursuant to the provisions of this assistance Program.
b. A meeti ng w ill be held with the individual property owner(s) or tenant. (business owner)..
c. Conceptual drawings will be prepared by the City’s Program Consultant. d. The R eview Committee will approve the conceptual drawings prepared by the City’s Program Consultant.
e. The approved conceptual drawings will be provided to property owner(s) for final selection.
f. Construction plans will be prepared by the City’s Program Consultant. g. Construction plans will be submitted to the Planning Department for approval.
h. Construction plans will be submitted to the City’s building and safety department for approval.
i. The City’s Program will prepare a work description for the project. j. The City’s Program will submit Bid Specifications for LACDA review and acceptance prior to obtaining bids.
k. The City’s Program Consultant will prepare four sets of the bid package for distribution to the property owner(s).
l. A pre-construction meeting will be held by the City’s Program Consultant and planning staff prior to the start of construction.

5. Processing. The goal for processing time from the dat e the City determines that an applicant is eligible for assistance u nder the Program until a loan is approved or denied is thirty (30) days.

City of Bell
CDBG Commercial Rehabilitation Program

6. Approval and Notifications . The type and nature of assistance shall first be approved by the Review Committee. The Review Committee shall be comprised of the following City representatives:
a. Director of Community Development
b. Associate Planner or Assistant Planner
c. Program Consultant(s)
d. Public Works Manager, or designee
e. Economic Development representative
f. Finance Director, or designee
To obtain a grant, an applicant must meet all property and eligibility guidelines in effect at the time of funding approval. An applicant will be provided with written notification of approval or denial. A denial notification will specify the reason(s) why the application was denied.

7. Appeals. Any applicant wishing to appeal any item in conjunction with the Commercial Rehabilitation Program shall first submit a written request to the Community Development Director within thirty days of the adverse decision. Such request will be submitted to the Review Committee for their review and consideration. The decision of the Review Committee shall be final.

B. Procurement and Contractor Selection

1. Procurement. The City and/or Program Consultant(s) shall maintain a l ist of qualified contractors, as recommended by the Review Committee, who must be in good standing with the State Contractors License Board and are not listed on the debarred, suspended or in eligible contractors list as per 24 CFR Part 5. The City will coordinate with the property owner to obtain at least three (3) estimates from qualified contractors for each rehabilitation project. The applicant shall be responsible for ob taining estimates. The estim ates shall then be submitted to the City in the form prescribed by the City.

2. Selection. The applicant will make the final contractor selection from among three (3) qualified contractors who submit construction estimates. The contract will be awarded to the lowest responsive and responsibl e bid der. In the case where the applicant desires to award the construction contract to an approved contractor other than the lowest responsible bidder, the City may set the amount of the award equal to the amount of the bid of the lowest responsible bidde r. The applicant shall be responsible for any difference in the cost of construction.

3. Contractor Insurance/License File. The City shall maintain a file for each contractor performing work pursuant to the terms and conditions of this Program. The file shall include the following information:
a. Contractor's social security number or federal tax ID number; b. Copies of the contractor's current liability and workers compensation insurance policies (must meet the City’s insurance requirements); c. Copies of the contractor's current California contractor's license;

City of Bell
CDBG Commercial Rehabilitation Program

d. Copy of the contractor’s current California Department of Industrial Relations (DIR) registration;
e. Contractor’s certification regarding equal employment opportunity; f. All required Davis-Bacon information and certifications; g. Copy of contractor’s current City business license; and h. A list of all of the project sub -contractors (including their state contractor’s license number and DIR registration) to be used by the general contractor.

Any contractor with lapsed general liability and/or workers compensation insurance or an inactive state contractor's license shall be removed from the job until he/she is able to pro vide proof of current insura nce and/or license. All contractors sh all be required to obtain a City business license prior to the issuance of a building permit.

4. Ineligible Contractors. The City and the applicant(s) shall agree not to award any contract for rehabilitation work, t o be paid for in whole or in part with proceeds from a Program funds, to any contractor who does not have a valid state contractor's license, who cannot produce sufficient evidence of current workers compensation and liabili ty insurance coverage, or wh o is on the Federal Housing and Urban Development Department's (HUD's) Debarred Contractor List.

All owner/builders, or any member of the applicant's family, are considered ineligible, regardless of credentials or license. An y ineligible contractor foun d working at the job site will be removed immediately, without compensation.

5. Award of Contract
a. Notification. The City shall notify the selected contractor of the award of bid and shall establish a date, time and place f or the pre -construction conference. The City shall also notify the non-selected contractors in writing. b. Rehabilitation Construction Contract . The contract for the approved rehabilitation work shall be prepared by the City and shall be entered into between the property owner and the selected contractor. The City may require the i nclusion of certain contractual terms deemed necessary by the City Attorney. In the event of any dispute arising under this contract, the injured party shall notify the injuri ng party in writing of its i ntentions as specified in the agreement between the property owner and the contractor. c. Private Arrangements . The City cautions the property owner and the contractor not to enter into "side deals" for additional work or devi ations from the approved sco pe of work. The City shall not be resp onsible for a ny additional work beyond the work listed in the approved scope of work.

C. Pre-construction Meeting
Prior to construction, the City will arrange a pre -construction meeting w hich shall be attended by th e contractor, subcontractor(s), if appl icable, the p roperty owner(s), and representative City staff. The purpose of this meeting is to explain all applicable HUD requirements including labor standard requirements (Davis -Bacon p rovisions), explain all Program requirements and procedures, coordi nate and schedule the work start date, and

City of Bell
CDBG Commercial Rehabilitation Program

answer questions related to contract documents. The City shall maintain written minutes of this meeting.

A pre-construction meeting may be waived for emergency repairs.

D. Start of Construction
No work shall commence unti l a “Notice to Proceed” has been signed by the City and issued to the contractor. In addition, no work shall commence until all required permits have been issued by the City’s department of building and safety.

E. Contractor Payments

1. Inspections. To ensure the integrity of the authorized work, the Program inspector shall conduct site inspections prior to the issuance of progress payments and prepare detailed inspection re ports which identify any def iciencies in a contractor's materials o r wor kmanship. The Program Inspector shall make regular and/or unannounced inspections of work-in-progress to identify the quality of the work and assess owner satisfaction.

2. Payment Re quest Packages . The Contrac tor shall submit payment request packages to the City in the prescribed format. All requests shall be signed by the contractor, property owner(s), and the Program Inspector, certifying that the work has been satisfactorily completed. All pertinent invoices, releases, certifications, list of s ubcontractors and material men, and copies of applicable permits shall be attached to the payment request. The final payment request shall also include the property owner's certification o f acceptance, building and s afety sign -off, and a Notice of Complet ion. Payment request packages shall be submitted to the Program Administrator (City’s consultant) for approval. Progress payments will be paid for 80% of the job costs. The final payment for the 20% retention shall be paid 35 days after the Notice of Co mpletion has been recorded if no stop notices are received by the City.

F. Applicant Complaint Resolution Process
The City shall maintain a complaint log documenting the date and nature o f any project complaint and the corrective actions requested to be taken by City staff to resolve the matter. Complaints concerning the Program should first be made to the Program Administrator. Should a complaint be unresolved to the satisfaction of the applicant, an appeal may be made in writing to the Community Development Director.

Upon receipt of a complaint, the City will contact the property owner and attempt to resolve the problem. A written response will be issued within ten (10) working days. If the problem cannot be re solved, it will be presented to the Rev iew C ommittee for review and consideration. The decision of the Review Committee shall be final.

City of Bell
CDBG Commercial Rehabilitation Program

G. Applicant Responsibilities

1. Property Maintenance . The property owner(s) is respons ible for property maintenance during the performance of the rehabil itation work (contractor is responsible for keeping the property clean of all construction material). The property owner(s) is responsible for insuring that the rehabilitation work is not impeded because of the prope rty owner’s actions or the actions of t heir tenant(s).

The contractor and his/her employees are to provide adequate pedestrian and property protection at the construction site. In addition, the property owner shall maintain th e property clear of property code violations for the duration of an y outstanding term of Maintenance Covenant. If the property owner does not maintain the property free of code violations, the City will consider the owner to have breached the contract and may exercise its right t o demand repayment of Grant funds.

2. Property Tax Bills . The property owner(s) is responsible for in suring that the property taxes are current for the duration of any o utstanding term of the Covenant.

If an applicant's property tax statement indicates a delinquency at the time of the Program application, the City shall not process the application until the City receives a Certificate of Redemption from the Los Angele s County Tax Assessor's Office or other appropriate documentation of proof of payment.

3. Notice of Completion . The property owner(s) is/are responsible for executing and filing a Notic e of Completion with the City within 10 days of the completion of the work.

4. Insurance Requirements. Property owner(s) shall maintain proper liability insurance on the property.

5. Data Universal Number ing System (DUNS) Number . Property owner(s) and/or business owner(s) shall obtain a DUNS number which is assigned for free to register the business with the U. S. Federal government in order to receive financial assistance under the CDBG Program.

City of Bell
CDBG Commercial Rehabilitation Program

SECTION V - MISCELLANEOUS PROGRAM REQUIREMENTS
A. City of Bell Business License
Applicants mu st have a current City of Bell Business License to be eligible to apply for funding. To apply for a Bus iness License or obtain more information, you may visit the Business License Division service counter in City Hall, Monday – Friday from 8am to 4:00pm, or call (323) 588-6411.

B. Bonus, Commission or Fee
The applicant shall not pay any bonus, commission or fee for the purpose of obtaining approval of the grant application, or for any other approval or concurrence as may be required by HUD or the City pursuant to the provisions of this Program.

C. Conflict of Interest
No Program assistance will be provided to a ny member of the governing body of HUD, or any designee of HUD, or any officer or employee of the City, who exercises any authority or responsibility in connection with the administratio n of th is Program. No member of the aforementioned organizations shal l have any interest, direct or indirect, in the proceeds from the Program or in any contract entered into by the applicant for the performance of the work financed, in whole or in part, with the proceeds of a loan granted through the Program.

D. Disclosure of Information
The City is a public agenc y and information or records (with the exception of financial information which falls under Government Code section 6254 (c), and section 7460, et seq.) submitted or released to the City by the applicant may be cons idered public records and subject to disclosure under the Public Records Act, Government Code section, 6250, et seq.

E. Equal Opportunity Policy
Neither the City nor the Agency shall disc riminate based upon sex, age, race, creed, color, religion, national o rigin, marital status, ancestry or physical handicap in accepting and processing Program applications or in the award ing of a contract for rehabili tation of property assisted by this Program.

F. Fire Requirements
Each applicant is required to maintain suffi cient fire insurance coverage on the subject property to allow the property to be rehabilitated under the Program. P rior to any assistance, minimum fire insurance coverage shall be demonstrated, in an amount which is equivalent to the reconstruction value of the subject building or structure with the proposed rehabilitation improvements. An uninsured applicant must obtain coverage in the requir ed amount prior to receiving loan assistance.

City of Bell
CDBG Commercial Rehabilitation Program

G. Historic Preservation
To comply with Section 106, the National Historic Preservation Act of 1966 as amended (16 U.S.C. 470) and HUD guidelines, the City shall prepare a Basic o r Detailed Property Identification Form for all structures to be assi sted. Such form shall be accompanied by at least four (4) photographs, and shall be submitted to the Los Angeles Co unty Development Authority or the State Office of Historic Preservation Department of Parks and Recre ation for review and clearance.

H. Substitution of Contractor
In the event that the selected contractor fails or refuses to complete the work in a professional and workman like manner, as set forth in the Rehabilitation Constru ction Contract, including its General Conditions and Standard Specifi cations, or fails to use due diligence in performing the required work , the property owner(s) may terminate the Rehabilitation Construction Contract, upon providing proper notice to such contractor. The City shall assist the property owner(s) in completing the necessary termination document(s) as needed. No further rehabil itation shall commence at the subject property until an agreement releasing the original contractor from his/her cont ractual obligations is on file with the City and a new contract has been signed between the substitute contractor and the property owner(s).

1. Non-commencement by Original Contractor . The owner shall notify the City, by registered letter, if the origin al selected contractor will no t be performing the rehabilitation work and shall state the reason(s) why a substitution of contractor is requested. Both the property owner(s) and the original contractor's signatures are required on this document. The prop erty owner shall obtain at least three bids from contractors willing to perf orm the rehabilitation work. A new Rehabilitation Construction Contract and Notice to Proceed shall be prepared by the City and appropriately signed.

2. Noncompliance by Original Contractor. If a substitutio n of contractor is requested, the owner shall notify the City, by registered letter, of the specific means by which the originally selected contractor has failed to comply with the terms of the agreement and that a substitutio n of contractor is being reque sted. Both the property owner(s) and t he orig inal contractor's signatures are required on this document.

The City shall inspect the job site and compile a list of incomplete or unacceptable items to determine the extent of w ork to be completed by the sub stitute contractor, and a meeting shall be held between the City, the property owner(s) and the original contractor to establish an amount and method of payment for any work which has been completed in accordance with the agre ement and the amount of funds to be withheld from the original contra ctor shall be identified. Lien releases and invoices from the origina l contractor and subcontractor(s) shall be provided. The City shall prepare a revised work write -up, based upon the City's inspection findings, wh ich shall contain only those items necessary to complete the job.

The property owner shall obtain at least t hree new bids from contractors willing to complete the rehabilitation work once the description of that work and budg et have

City of Bell
CDBG Commercial Rehabilitation Program

been prepared by City staff or City’s consultants. To the ex tent possible, the new contract shall not exceed the balance of the av ailable funding. Once a new bid has been accepted, a new Rehabilitation Construction Agreement and Notice to Proceed shall be prepared by the City and appropriately signed.

I. Prevailing Wage Requirements
In accordance with CDBG Program Entitlement Grant R egulations, Davis -Bacon and/or state/federal prevailing wage requirements shall apply to the rehabilitation of all commercial buildings and structures receiving a Grant pursuant to this Program.

J. Lead Based Paint and Asbestos Testing
The City shall ensure compliance with all Co unty Development Authority and HUD mandated requirements regarding the testing and removal of lead -based paint and asbestos.

City of Bell
CDBG Commercial Rehabilitation Facade Improvement Program

SECTION VI - AMENDMENTS
Amendments to t hese guidelines may be made from time to time by the City. Authorit y shall be granted to the City Manager to grant a minor waiver or make minor amendments to these guidelines with the exception of any requirem ent of federal regulations or state law . All major amendments to these guidelines shall be approved by the City Council.

Commercial Rehabilitation Program
9 Potential Sites Along Gage and Atlantic

4511 Gage
Ave

6511 Atlantic
Avenue

6505 Atlantic
Ave

6607 Atlantic
Ave

6617 Atlantic Ave

4978 Gage Ave

4320 E Gage Ave

3923 E Gage Ave

March26,2023
MichaelAntwine,CityManager
CityofBell
6330PineAvenue
Bell,CA90201
Phone:(323)588-6211,ext2617
Email:[email protected]
RE:CityofBellResidentialRehabilitationProgram
DearMichael,
ThankyoufortheopportunitytoworkwiththeCityofBell(“City”)onitsResidentialRehabilitation Program.

Geocko,Inc.,dbaFORWARD,ispleasedtoprovidethisproposaltoprovidebothadministration servicesandoversightofsubcontractorservicestoensurecompliancewithallCDBGgrant requirementsundertheUrbanCountyprogramforaprogramdesignedtohelpsupportand strengthenresidentialpropertiesacrosstheCity.

WeareexcitedabouttheopportunitytopartnerwiththeCitythroughthisengagement.The followingpagesincludearecommendedoutlineforprogramdesignaswellaspricingforprogram administrationservices.FORWARDiscommittedtoworkingcloselywiththeCityateverystepof thewaytosupportthesuccessofthisprogram.

Ifyouhaveanyquestionsaboutourproposalorwouldliketolearnmoreaboutoursolution,please contactRavenMcShane,SeniorDirectorofGrowth,viaphoneat(206)892-8298orviaemailat [email protected].

Welookforwardtospeakingwithyousoon.

Sincerely,
AdnanMahmud

CEO,FORWARD

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

RESIDENTIALREHABILITATIONPROGRAM
ProgramOverview
WeunderstandthattheCityofBell(“City”)islookingtoleveragetheFORWARDplatformforits ResidentialRehabilitationProgram,whichprovidesawardeeswithfundstobeusedtoward rehabilitationprojectsforresidentialproperties.Basicprogramparametersareunderstoodtobeas follows:

ResidentialRehabilitationProgram
ProgramFunds $300,000(estimated)
FundingSources CDBG
UseofFunds Residentialpropertymaintenance
ProgramRecipients Owneroccupied,single-familydwellingswithin theCityofBell;householdgrossincomemustbe
inthelow-ormoderate-incomebrackets
EligibleCosts
(Tobe finalizedduringprogramdesign)
Roofing
Windows
Electricalandplumbing
Exteriorpaintingandstucco
Bathroomandkitchenrepairs
ADAimprovements
Energysavingimprovements
Lead-basedpaint&asbestostesting
Correctionofmunicipalcodeviolation
NumberofAwards Upto11awards
PaymentMethod ACHdirecttocontractor
AwardAmount
(To be finalized during program design) $18,000(grants)/$25,000(loans) ImplementationStart July1,2023*(estimated)
ProgramGo-Live July31,2023**(estimated)
ApplicationPeriod Until100%offundsaredistributedorcommitted ProgramEnd June30,2024
* Implementationdatewillbedeterminedduringthecontractingphase. ** Go-livedatewillbediscussedandmutuallyagreeduponduringtheimplementationandprogramdesignphase.

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

Tosupportthisprogram,FORWARDisproposinganintegratedprogramadministrationsolution thatwillsupportprogramdesignandoperations;applicationintake,processing,andapproval; distributionofawardfunds;andreporting.Webelievethatourapproachrepresentsatechnically sound,programmaticallyeffective,ef
ficient,and fiscallyprudentmethodologytoachievetheCity’s
vision,objectives,anddeliverablesforthisprogram.

AboutFORWARD
FORWARDistheleadingIntegratedProgramAdministrationsolutionforstateandlocal governments.Bybringingallthecomponents,people,andtechnologyintoasinglework flow, FORWARDisabletoadministerassistanceprogramsquickly,equitably,andsecurely.FORWARD workswithstateandlocalgovernmentagenciesacrosstheUnitedStatesandhasbecomea trustedstewardofadministeringfundsundergovernment-fundedprogramssuchasAmerican RescuePlanAct(ARPA),CoronavirusAid,Relief,andEconomicSecurity(CARES)Act,Community DevelopmentBlockGrant(CDBG),andCoronavirusStateandLocalFiscalRecoveryFunding (CSLFRF).

TheFORWARDsolutionwasdesignedforscalabilityanditscapabilitieshavebeenleveraged forprogramsrangingfromhundredsofthousandsuptomillionsofdollars. Todate,weare administeringanddistributingmorethan$700millioninassistanceacrossdozensofjurisdictions, themajorityofwhichwenttohistoricallydisadvantagedandmarginalizedcommunities.Wehave beenabletoachievethislevelofsuccessbecauseourplatform,operations,staf fing,andresources
aredesignedtoscale.Programprocesses—includingprograminformation,applicationcompletion, eligibilityreview,approvalsordenials,communications,andfundsdisbursement—arebuiltintoour solutionandautomatedwherepossible,whichallowsustoquicklyimplement,launch,andsupport programssuchastheCity’sResidentialRehabilitationProgram.

AboutWilldan(CDBGsubcontractor)
Asacompanyfoundedontheprinciplesofservingpublicagencies,WilldanunderstandsCDBG grantrequirementsundertheUrbanCountyprogram.Providingtechnicalsupporttocitiesand countiesisakeycomponentofWilldan’sservicesandhasbeenacornerstoneserviceforthe firm
sinceourinception.WilldanoffersateamofexperiencedCDBGgrantandhousingprogram professionals.AllourstaffmembershaveservedinpublicagenciespriortojoiningWilldanand understandmunicipalgovernment.

WilldanhasadministeredallaspectsoftheCommunityDevelopmentBlockGrant(CDBG)funding forEntitlementandNon-EntitlementmunicipalitiesandareoperatingCDBGfundedresidentialand commercialrehabilitationprogramsinanumberofcities.Wehaveorientedourpracticetosupport anagency’sgrantcompliance,budgettargetsandperformanceprioritiesconsistentwithHUD, OMBCirculars,State,andlocalrequirements.OurteamiswellorientedwiththeUrbanCounty programandexpectationsoftheGrantsManagementUnitofthe Los Angeles Community Development Authority (LACDA).

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

ProposedProgramServicesandPricing
FORWARDprovidestheCitywiththeinfrastructure,technology,applicantsupport,application process,fundsdisbursement,andend-to-endsupportoftheResidentialRehabilitationProgram,as outlinedbelow.

ThetotalcostforFORWARDtoprovideadministrationservices,asoutlinedonthefollowingpage, forthisprogramis 11.25%ofthe$300,000totalinprogramfundsforProgramAdministration, plus$21,600forallCDBGGrantManagementCosts.WewillworkwiththeCityto finalizethe
costsbeforethestartoftheproject.

ProposedProgramServicesandPricing
ProgramAdministration
WewillworkwiththeCitytoreview,document,operationalizeandimplementprogram’sgoalsand requirements,applicanteligibilitycriteriaandallowableexpenses,programtimeline,anddivisionof responsibilities.Additionally,wewillconductregularproject/progressmeetingsandsharereal-timedatawith keybreakdowns,includinga finalreportonprogrammetricsandoutcomes.

Servicesinclude:
● Programimplementationandadministration
● Customer/accountmanagementsupport
● Accounting,audit,and financialreporting
● Archivingandcompliance
PortalDevelopment
Weprovideafullyoperationalandsecureprogram-specificapplicationportal–includingintuitive,adaptable applicationandadministrativeinterfaces–thatsimplifiesprogrammanagementandautomatesadministration, operations,andreportingfunctions.Withoureasy-to-useplatform,wecanprovideprograminformation,collect andreviewapplications,distributeawardfunds,andsupportreporting.

Servicesinclude:
● HostingandmaintenanceofFORWARDplatform
● Buildofprogram-specificportal,includingprograminformation,eligibilitycriteria,andapplication/payment processing
● Collection,processing,andretentionofapplicationsanddocumentation MarketingandApplicationIntake,Review,andProcessing
Theapplicationwillbecustomizedtotheprogrambasedontheeligibilitycriteriaandrequirementsdetermined duringprogramdesign.Thechecksforapplicationcompletenessandvalidityaredrivenbytheeligibilitycriteria anddocumentationrequirements.WewillworkwiththeCitytoensurethattheprocessisconsistentand equitableacrossallapplications.Eachapplicationundergoesamulti-stepreviewprocess.

Servicesinclude:
● Marketingandcommunitypartnerengagement(includinglanguageassistance),communityoutreach materialsandcampaigns
● Applicationandportalassistancetoapplicants
● Applicationreviewandeligibilitycheck
● Applicationverification(ifmoreinformationisneededfromapplicant)

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

PaymentServices&Reporting
Awardeeswillreceiveanawardnotificationletter;fundswillbedisbursedviacheck.AnyCitypreferencesfor pre-fundsdisbursementreview/approvalsteps,paymentfrequency,andotherprogramrequirementscanbe builtintoourprocessesandworkflows.

Servicesinclude:
● Paymentprocessing/distributionandbankingfees
● Taxreporting(1099s)toawardees,ifrequired
CDBGGrantManagement
FORWARDwillsubcontractwithWilldanforallGrantManagementaspectstothisproject.ScopeofServices willinclude:
● Conductpropertyinspections,preparepreliminaryworkwrite-ups,andcostestimates. ● Completeapplicableprogramdocumentsrelatingtoimprovementactivities,includingasbestosand lead-basedpaintrequirements,historicalpreservationreview,etc. ● Preparespecificationsandbiddocumentsandreviewreceivedbidswithhomeowner. ● Approveselectedcontractor;prepareandexecutedocumentsforhomeimprovement financial assistance.
● Maintainupto-dateprogramapplicantprojectdatainLACDA’sRehabPanel. ● ObtaincontractorclearancesfromStateContractor'sLicenseBoardandverifynon-inclusionon FederalDebarredList.
● Conductpre-constructionmeetingwithhomeownerandcontractortoreviewproposedwork. ● Conductprogressinspectionstoensureworkisproceedingintimelymannerandtoauthorizeand processprogresspayments.
● ExecuteandrecordNoticeofCompletionupon finalinspectioncertifyingimprovementshavebeen completedinaccordancewithcontractrequirements.
● Acquirelienreleasesfromcontractorandsubcontractor(s),obtainhomeowner'sauthorizationfor finalpayment,andexecutecloseoutofhousingrehabilitationworkbyensuringpermanent file containsrequireddocumentationformonitoringandauditpurposes. ● ProvideFORWARDwithprogramupdatesandaccomplishmentdata,asneeded,forreporting purposes.

ProgramAdministrationTotal
CDBGGrantManagementTotal
TOTAL
$33,750
$21,600
$55,350
ProgramandPricingAssumptions
InFORWARD’stotalproposedcostof$55,350wearemakingthefollowingassumptions. ● Theestimatedgo-livedateforthisprogramisJuly31,2023.Theanticipatedcontracttermis 12months.
● Pricingassumestheadministrationanddistributionof$300,000inprogramfunds. ● PricingincludesengagementandoversightofsubcontractortoadministerallCDBGGrant Managementrequirementsaslistedintheproposedservicesabove. ● PaymentswillbemadetoapprovedcontractorsviapapercheckorACH.

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

● TheCityhasestablishedrelationshipswiththeChamberofCommerceandother community-basedorganizations(CBOs)requiredtoensureprogramsuccessandwillmake introductionstoFORWARDtoensureprogramsuccess.
● FORWARDwillbereimbursedafterpaymentsaredistributedtoapprovedawardees.

FORWARDsadministrationfeeof11.25%maybereducedby1%iftheCityelectstorelease programfundstoFORWARDpriortothedistributionofawardstoawardees.

IftheCityrequestschangestotheProgramServices,Schedule,orAssumptions,FORWARD reservestherighttoproposemodi ficationstothePricingfortheperformanceofwork.Shouldthe CityandFORWARDmutuallyagreeuponanequitablemodi ficationtothePricing,FORWARDwill sendaformalChangeOrderApprovalRequestforSignature.

PO Box 12242, Seattle, WA 98102 | 800.819.9785 x1 | www.forwardplatform.com | [email protected]

City of Bell
Residential Rehabilitation Program

I. OVERVIEW OF PROGRAM

A. Purpose, Goal and Objective of Program

The purpose of the Residential Rehabilitation Program is to provide grants and loans to owner-occupied homeowners of single family detached dwellings, including mobile homes, for the preservation of decent, safe, and sanitary housing; to correct hazardous structural conditions; to make improvements considered necessary to eliminate blight and meet ADA access; and, to correct allowed building and health code violations through the awarding of grants and loans. Grants and loans shall be given to eligible low- and moderate-income owner-occupied homeowners of single-family detached homes, including mobile homes, to cover the cost of necessary housing repairs.

Detailed eligibility criteria are outlined under Section II.

The goal of the Residential Rehabilitation Program is to provide grants of $11,000 to mobile-home owners, $18,000 grants for single-family detached dwellings or deferred loans of $25,000 at zero (0%) percent interest for single family detached dwellings. The program objective is to assist eligible low- and moderate-income residential owner-occupants in maintaining the City’s existing housing stock by means of home rehabilitation.

B. Source of Funds and Relationship with Grantor

The source of funds for the Residential Rehabilitation Program is the Los Angeles County Development Authority (CDA) of the County of Los Angeles, which acts as an agent for and is the recipient of the Federal Government’s Department of Housing and Urban Development (HUD) Community Development Block Grant (CDBG) funds. These funds are targeted to benefit low- and moderate-income persons and to eliminate slums and blight.

As a disbursing agent for these funds, the CDA has subcontracted with the City of Bell to provide administrative services for Residential Rehabilitation activities. As such, the City is responsible for marketing the Program, processing and packaging all grants and loans it obtains for the Program, performing on-site inspections, and acting as a quality agent relative to Program activity. The City is obligated to fulfill the terms and conditions of its contract with the CDA, established CDA policies and procedures, and Federal and local rules and regulations.

City of Bell Residential Rehabilitation Program Guidelines Revised October 2020 2
C. Types of Assistance Available

Assistance shall be available to eligible homeowners in the form of a $11,000 mobile home grant or $18,000 single family dwelling grant or a $25,000 single family dwelling deferred loan. At the discretion of the Community Development Director, the grant amount may be increased by a maximum of 5% on a case by case basis.

D. Energy Efficient and Energy Savers

Assistance shall be provided to the homeowners to improve energy efficiency and water conservation. Home improvements that promote energy efficiency shall include but are not limited to attic insulation, sealing air leaks with caulking and weather stripping, energy efficient heating and cooling systems, water heaters, windows, lighting, and low flow showerheads.

E. Marketing/Advertising

The program is advertised on the City of Bell website: www.cityofbell.org. Flyers and informational pamphlets are distributed to potential program participants at the community center and mobile home parks.

F. Personnel & Non/Personnel Tracking

All staff will maintain payroll and time and attendance records signed by the employee and approved by the supervisor. Time distribution records will also be kept by program and shall account for total work time on a daily basis for all employees.

Staff is also required to maintain an up-to-date inventory list of all non-expendable property items for which they are responsible. The following items should be included in the list: description of property, serial or ID number, source of funds that purchased the item, date of purchase, cost, location, condition of property, and date of disposal and sale price. All expenditures charged to this project must be supported with documentation including, but not limited to invoices, receipts, consultant contracts, bills, purchase orders and cancelled checks for non-personnel expenses, as well as, time cards, payroll reports, and the payroll ledger for personnel costs.

G. Administrative Costs

A maximum of twenty percent (20%) of the total amount of all funds expended to implement the Residential Rehabilitation Program may be attributed to administrative delivery costs. The City will use the CDBG Administrative Delivery Cost Worksheet to document the expenditures and to ensure that no more than 20% is expended for project-related administrative costs.

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II. APPLICANT ELIGIBILITY REQUIREMENTS

A. Income Eligibility Standards Based on Total Persons in Household

Participation in the Residential Rehabilitation Program is limited primarily to applicants whose annual household income does not exceed the HUD-established “moderate-income” limits that the CDA publishes through its annual CDBG Bulletin.

These income limits provide a criterion for eligibility based on the total amount of annual household income adjusted for household size. The City will require documentation of both household size and household income information in order to determine applicant eligibility.

Definition of Household: For the purposes of determining Program eligibility, “household” means all persons who occupy a housing unit, whether related or not.

The occupants may be a single family, one person living alone, two or more families living together, or any other group of persons who share living arrangements.

Definition of Household Annual Income: For the purposes of determining Program eligibility, annual income is based on the requirement delineated within CDA CDBG Bulletin 16-0006 – “Types of Income To Consider When Determining Applicant Eligibility in CDBG-Funded Programs,” and eligibility documentation shall be received and maintained based on the requirements of CDA CDBG Bulletin 16-0007 – “Guidelines for Documenting Eligibility in CDBG Residential Rehabilitation Programs.”

Income determinations are subject to the submission and verification requirements of the City of Bell and are subject to change based on the programmatic requirements of the Los Angeles County Development Authority (CDA) and the Community Development Block Grant (CDBG) Program.

The City will make the final decision in situations where the classification of income is unclear.

B. Property Ownership

The applicant(s) must be (1) the current owner(s) of the property and (2) reside at the property to be rehabilitated for a minimum of six (6) months in order to be eligible for Program assistance. The existing grant deed must list all current owners of the property.

Property owner(s) shall be construed to be any person(s) or legal entity that holds title to the property being rehabilitated. In the case of multiple ownership, the signature for each titleholder is required on all appropriate documents. The City will verify property ownership and require all persons currently on the title to give written consent to all work proposed to be conducted on the property prior to initiating such work.

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C. Other Documentation Required

The applicant(s) must also submit the following documents in order to determine eligibility:

1. City Application;

2. Copy of signed Federal Income Tax forms for the previous year (2 years if the applicant is self-employed);

3. Copy of recent property tax bill (applicable to single family dwellings);

4. Copy of recent utility bill;

5. Copies of three (3) recent and consecutive payroll check stubs, Social Security checks, Social Security SSI checks, AFDC checks or pension and retirement checks, rental income, child support, alimony payments, or unemployment benefits, to the extent such compensation is received by the applicant or a member of the applicant’s household;

6. Copy of current mortgage statement (if applying for loan)

7. Copy of insurance policy for the property; and

8. Copy of identification with photograph of all title holders

9. Copy of property grant deed

10. Copies of statements of all assets (real or personal property).

D. Re-application Period

In order to give as many persons the opportunity to participate in the Residential Rehabilitation Program, any applicant(s) who have participated in the program are not permitted to participate for a 5-year period.

III. PROPERTY ELIGIBILITY REQUIREMENTS

A. Target Areas Eligible Under Program

To be eligible for the Residential Rehabilitation Program, the property to be repaired must be residentially zoned and used for single-family residential purposes, located within the city limits of the City of Bell, and retain its status as an applicant-occupied single family residence for a minimum of two (2) years following the completion of the rehabilitation project.

B. Minimum Property Rehabilitation Standards

All work performed under the Residential Rehabilitation Program shall meet all applicable standards contained in the City’s adopted Zoning Ordinance, local building and safety codes, the Uniform Building Code, and such other codes as designated by the Community Development Director.

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C. Eligible Structures

Buildings or structures eligible for rehabilitation under this Program are owner- occupied detached single-family dwellings, which will also include owner occupied mobile homes. The applicant must permit interior inspections of the property by the City staff and consultants. If a loan is requested, the City must hold the first (1 st) or second (2nd) lien on the property. Exceptions will be reviewed on a case-by-case basis.

D. Rehabilitation Needs Which Warrant Priority Repair

For each eligible single-family detached dwelling, the following health and safety items and allowed code violations will be given priority for rehabilitation and must be considered prior to all other home repairs:

1. Roof;

2. Foundation;

3. Electrical Wiring;

4. Plumbing;

5. Heating/cooling system;

6. Termite/Rodent elimination (eligible only if performed in conjunction with other rehabilitation work at the same residence);

7. Home Safety Measures and Home Safety Devices; and

8. The elimination of specific conditions detrimental to public health and safety, which have been identified by the City.

E. Eligible and Ineligible Renovation

Repairs that may be eligible through the Residential Rehabilitation Program are:

1. Correction of code violations;

2. Correction of incipient violations of the California Building Codes;

3. Cost effective energy conservation measures, including solar heating, cooling water systems permanently affixed to dwelling, caulking, weather stripping, and low flow showerheads, cooling systems for seniors or if medically required

4. Testing and treatment/removal of lead-based paint/asbestos hazards;

5. Removal of rodents and roaches (pest control), but may not be a stand-alone cost;

6. Removal of termites;

7. Repair/replace roofing;

8. Repair/replace heating;

9. Repair/replace plumbing;

10. Repair/replace window and vent screens;

11. Install new smoke alarms;

12. Install new insulation;

13. Install/replace doors

14. Repair/replace kitchen and bath flooring, linoleum type only;

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15. Repair/replace water heaters;

16. Repair/replace bath fixtures;

17. Repair/replace countertops;

18. Repair/replace electrical work;

19. Repair/replace windows;

20. Repair/replace stucco;

21. Exterior or interior painting;

22. Install new deadbolt locks, door knobs, or lock sets;

23. Install new interior/exterior lighting fixtures including energy efficient light bulbs;

24. ADA improvements and accessibility;

25. Repair/replace dilapidated carpeting;

26. Repair/replace kitchen or bath cabinets;

27. Any items determined eligible by the City; and

28. The elimination of specific conditions detrimental to public health and safety, which have been identified by the City.

The following improvements are ineligible for financing through the Residential Rehabilitation Program

1. New construction;

2. Reimbursement for an owner’s personal labor;

3. Appliances (except built-in stove, cook top, or garbage disposal);

4. Purchase, installation, or repair of furniture;

5. Demolition that does not improve the existing structure;

6. Free standing concrete block walls;

7. Repairs that are interim in nature;

8. Wrought iron security devices;

9. Recreational equipment, facilities, or repairs;

10. Kennels;

11. Bath houses, swimming pools, saunas, hot tubs, Jacuzzis;

12. Photomurals, stands, television antennas, cornice boards;

13. Waterproofing;

14. Burglar alarm;

15. Fire extinguishers;

16. Greenhouses;

17. Decorative roofing;

18. Drapes; valances

19. Barbecue pits;

20. Repair/replace/installation of sheds

21. Sole repair/replace/construction, in part or in whole, of patios, enclosed patios, decks, and porches. (except when (1) the work is in support to improvements to the path of travel leading into and from the dwelling unit; and (2) the work to these areas is incidental to the integral work being performed in the dwelling unit.

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22. Repair/replace fencing (unless costs are necessary and incidental to eligible work performed to the dwelling structure);

23. Trimming/weed abatement, and trash or debris removal (except when (1) necessary to perform other eligible rehabilitation work activities to the dwelling; (2) incidental to the overall CDBG eligible rehabilitation work scope; and (3) afforded to the income eligible household on a one-time basis only;

24. Any items considered to be luxury items as determined by the City (i.e. Granite countertops, pedestal sinks, etc.).

Note: This list of eligible and ineligible improvements is not exhaustive. The City will maintain the discretion to determine whether a particular improvement is eligible or not.

Additionally, all proposed repairs shall be in compliance with the requirements delineated within CDA CDBG Bulletin 16-0008 – CDBG Funded Residential Rehabilitation Programs.

F. Mobile Home Eligible Renovation

For each eligible mobile home, repairs that may be eligible for mobile homes through the Residential Rehabilitation Program are:

1. Accessibility improvements;

2. Any items determined eligible by the City; and

3. The elimination of specific conditions detrimental to public health and safety, which have been identified by the City.

G. Additional Uses of Grant and Loans Funds

In addition to the eligible direct construction costs, grant and loan funds may be used to pay for financing fees associated with the Program including title evidence, credit reports, recording fees, and planning and building permit fees.

IV. PROGRAM PROCEDURES

A. Applicant Intake and Eligibility Determination

1. Pre-Screening. To the extent possible, prospective applicants shall be pre- screened for basic eligibility requirements in person by visiting the City of Bell.

The City shall maintain an Interest List.

2. Application. Persons may apply for Residential Rehabilitation Program funds by completing application forms available at the City and submitting such materials to the City of Bell, attention Residential Rehabilitation Program. Applications will be reviewed in the order in which they are received. The City will maintain a waiting list.

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3. Verification and Eligibility Determination. The City shall verify all sources of household income in accordance with guidelines established by the CDA. Household income must be verified before applicant eligibility can be established. Income verification information shall be updated and applicant eligibility re-determined if such information is more than six months old prior to the beginning of rehabilitation work. The City shall also verify the ownership and occupancy of the property, conduct a preliminary assessment of the property’s loan to value ratio, and identify any outstanding liens and/or judgements against the property, as part of the applicant’s eligibility if an applicant is applying for a loan. Applicants will be notified in writing regarding eligibility status.

4. Rehabilitation Feasibility Determination. Once an applicant is determined to meet eligibility requirements, an initial inspection of the property will be made by the Residential Rehabilitation Program staff and Building Inspector to determine the extent of any building deficiencies that may be corrected through the Residential Rehabilitation Program.

5. Processing. As a goal, processing time from the date the City determines that the applicant is eligible for assistance under the Program until a grant and/or loan is approved or denied shall be six (6) months.

6. Approval and Notifications. Grants and loans shall be reviewed and approved by the appropriate City staff. In order to obtain financing, applicants must meet all property and eligibility guidelines in effect at the time of funding approval.

Applicants will be provided written notification of approval or denial. Reasons for project denial will be provided to the applicant in writing.

7. Historical Review. In order to comply with Section 106, National Historic Preservation Act of 1966 as mended (16U.S.C. 470) and in conformance with the CDA’s rehabilitation guidelines, the City shall submit the appropriate property data into the CDA’s online rehabilitation panel for review and approval by the CDA.

8. Processing of Loan. Copies of title reports and other pertinent documents will be reviewed by the City for loan underwriting prior to issuance of any loan.

B. Procurement and Contractor Selection

1. Procurement. The City shall maintain a list of pre-qualified contractors who have expressed interest in bidding on Residential Rehabilitation work and have been cleared through the Excluded Parties List System (EPLS), now available through the System for Award Management (SAM), at www.SAM.gov. The City will invite (3) three contractors from the list of contractors to provide an estimate for individual projects. Estimates shall be submitted in the form prescribed by the Residential Rehabilitation Program.

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2. Selection. In accordance with CDBG regulations, the Contractor who is considered to be the lowest responsive bidder will be awarded the contract.

Contractors must have a valid California State contractor’s license with a classification appropriate to the work to be performed.

3. Contractor Insurance/License File. The City shall maintain a file for each Contractor performing work pursuant to the terms and conditions of this Program. The file shall include the following information:

 Contractor’s social security number or federal tax ID number;  Copies of the Contractor’s current liability, auto, and worker’s compensation insurance policies (City must be listed as additional insured on the policy);
 Copies of the Contractor’s current California Contractor’s License;  Copy of City Business License;
 A list of all of the sub-contractors (including license number) to be used by the General Contractor; and
 County Lobbyist Certification.

Any Contractor with lapsed insurance or Contractor’s license shall be removed from the job until he/she is able to provide proof of current insurance and/or license. All Contractors shall be required to obtain a City Business License prior to the issuance of a building permit, or upon the award of a project.

4. Ineligible Contractors. In accordance with CDA guidelines, the City and the applicant(s) shall agree not to award any contract for rehabilitation work, to be paid for in whole or in part with proceeds from a Residential Rehabilitation Program loan/grant, to any Contractor who is not a California licensed Contractor, who cannot produce sufficient evidence of current Workman’s Compensation and Liability Insurance coverage, or who is on the Excluded Parties List System (EPLS), now available through the System for Award Management (SAM), at www.SAM.gov or on the City’s list of unreliable or irresponsible Contractors. All owner/builders, or any member of the applicant’s family, is considered ineligible regardless of credentials or license. Any ineligible Contractor found working at the job site will be removed immediately, without compensation.

C. Award of Contract

1. Notification. The City shall notify the Contractor of the award of bid and shall establish a date and time for the pre-construction conference.

2. Rehabilitation Construction Contract. The contract, for the approved rehabilitation work shall be prepared by the City and shall be entered into between the property owner and the selected Contractor. The City may require the inclusion of certain contractual terms in accordance with CDA requirements.

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In the event of any dispute arising under this Program, the injured party shall notify the injuring party in writing of its contentions as specified under the Contractor agreement between the property owner and the Contractor. The project shall commence within thirty (30) days of contract signing by Homeowner and Contractor and should be completed within ninety (90) days of this date. Should contractor not commence as stipulated or be delayed, either party may withdraw from agreed contract.

3. Private Arrangements. The City cautions the property owner and the Contractor not to enter into “side deals” for additional work or deviations from the approved work write-up. No unauthorized work will be compensated by City to Contractor.

4. Preparation of loan documents. The contract and related documents will be used for the preparation of all loan documents and recordation of the deed of trust.

E. Pre-construction Meeting

Prior to construction, the City will arrange a pre-construction meeting, which shall be attended by the Contractor, subcontractor(s) if applicable, the property owner(s), and Program staff. The purpose of this meeting is to explain all applicable HUD requirements, explain all Program requirements and procedures, coordinate and schedule the work start date, and answer questions related to contract documents. The City shall maintain written minutes of this meeting.

F. Start of Construction

No work shall commence until a “Notice to Proceed” has been issued to the Contractor, signed by the property owner and the City representative. In addition, no work shall commence until the proper permits have been issued by the City’s Building and Safety/Planning Departments. Work completed prior to issuance of the “notice to proceed” or required permits will not be paid by the City.

G. Progress Payments to Contractor and City Inspections

1. Inspections. To ensure the integrity of the authorized repair work, the appropriate Program staff and Building Inspector shall conduct site inspections prior to the issuance of progress payments and prepare detailed inspection reports, which identify any deficiencies in a Contractor’s materials or workmanship. The Program staff shall make regular and/or unannounced inspections of work in progress to identify the quality or work and assess satisfaction of the property owner(s). These inspections are in addition to the normal inspections required by Building and Safety/Planning.

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2. Payment Request Packages. The Contractor shall submit payment request packages to the City in the prescribed format. A certificate of satisfaction for a partial or final payment shall be signed by the Contractor, homeowner, and program staff, certifying that the work has been satisfactorily completed. All pertinent invoices, mechanics lien releases, certifications, and copies of applicable permits shall be attached to the payment request. Final payment request must also include the owner’s certification of satisfaction, Building and Safety sign off card, and the Notice of Completion. Payment request packages shall be submitted to the City for approval. One (1) progress payment minus 5% retention may be submitted. The final payment for all amounts of undisputed retention will be paid 35 days after the Notice of Completion is recorded.

H. Applicant Complaint Resolution Process

Complaints concerning an applicant’s project should initially be brought to the attention of the Residential Rehabilitation Program staff. If unresolved to the satisfaction of the applicant, a written appeal may be submitted to the Residential Rehabilitation Program staff and Community Development Director. The applicant shall be allowed to present all pertinent facts to the appropriate staff that may have a bearing on the particular issue to be resolved. The decision of the Residential Rehabilitation Program staff and Community Development Director shall be final.

I. City’s Responsibilities and Applicant’s Responsibilities

1. Property Maintenance. Homeowner(s) are responsible for property maintenance during the rehabilitation work (Contractor is responsible for keeping the property clean of all construction material) in the conformance with the Bell Municipal Code Sections. The homeowner(s) are responsible for insuring that the rehabilitation work is not impeded because of non-maintained property or general sloppiness, and that items of value, including pets, are secured. The City shall encourage that the Contractor and his/her employees provide adequate protection to the homeowner(s) property, both interior and exterior, during the rehabilitation process.

2. Property Tax Bills. A copy of current property tax bills for the subject property must be submitted to the City as part of the application process. The property owner(s) is/are responsible for insuring that the property taxes are current. If an applicant’s property tax statement indicates a delinquency at the time of the Program application, the City shall not proceed with grant and/or loan processing until it is supplied with a Certificate of Redemption for the Los Angeles County Tax Assessor’s Office or other appropriate documentation of proof of payment.

3. Notice of Completion. The property owner(s) shall execute a Notice of Completion within 10 days of the completion of the work or if work has been satisfactorily completed and finalized by the Building Department. The City will file the Notice of Completion.

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4. Grant/Loan Repayment. Grants are secured with a deed of trust recorded as a lien against the property. However, grants do not require repayment unless the property owner sells or transfers property ownership within a two (2) year period following the anniversary date of the filing of the notice of completion. Repayment of grants will be prorated annually. Zero (0%) interest deferred loans are secured with a deed of trust recorded as a lien on the property. Repayments for deferred loans are due upon the sale of the property or other transfer of title upon refinancing.

Subordination agreements will be granted on a one-time basis by the Community Development Director if the purpose of the refinancing is to achieve a better interest rate and monthly payment with no additional cash borrowed against the property, excluding loan fees and points.

V. OTHER PROGRAMMATIC REQUIREMENTS

A. Bonus, Commission or Fee

The applicant shall not pay any bonus, commission or fee for the purpose of obtaining approval of the grant application, or for any other approval or concurrence as may be required by the CDA or the City, pursuant to the provisions of this Program.

B. Conflict of Interest

No Program grant or loan will be provided to any member of the governing body of the County of Los Angeles, nor any designee of the CDA, the County of Los Angeles, or the City of Bell, who is in a decision making capacity in connection with the administration of the Program; no member of the above organizations shall have any interest, direct or indirect, in the proceeds from the Program grant or loan or in any contract entered into by the applicant for the performance of the work, financed, in whole or in part, with the proceeds of the grant or loan.

C. Disclosure of Information

The City is a public agency and information or records (with the exception of financial information which falls under Government Code Section 6250 (c), and Section 7460 et seq.) submitted or released to the City by the applicant may be considered public records and subject to disclosure under the Public Records Act, Government Code Section 6250 et seq.

D. Equal Opportunity Policy

The City shall not discriminate based upon sex, age, race, creed, color, religion, national origin, marital status, ancestry or physical handicap in the awarding of the contract for rehabilitation of property assisted by a Program grant or loan.

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The City shall not discriminate upon the basis of sex, age, race, creed, color, religion, national origin, marital status, ancestry or physical handicap in accepting applications and processing Program grants or loans.

E. Fire and Flood Insurance Requirements

Applicants are obligated to carry sufficient fire insurance coverage (and flood insurance where applicable) on the property to be rehabilitated under the provisions of this Program. Prior to any grant assistance, minimum fire insurance coverage shall be provided in an amount, which is equivalent to the value of the dwelling including rehabilitation improvements. Uninsured applicants must obtain coverage in the required amount prior to receiving grant assistance. Applicants in a “Flood Hazard Area” will be required to purchase flood hazard insurance. This requirement may be waived for emergency repairs, at the discretion of the Community Development Director.

F. Lead-Based Paint Notification

A lead-based paint notification shall be provided to all applicants by the City as part of the application process. Receipt of such notice shall be signed and dated by the applicant and a copy shall be maintained in the project file.

Federal lead-based paint regulations require housing built prior to 1978 to have procedures in place to:

1. Provide appropriate notices (four different types);

2. Identify lead hazards;

3. Perform lead hazards reduction, using safe work practices and achieve ‘clearance’;

4. Implement ongoing maintenance where required; and

5. Respond to lead poisoned children.

Community Development Block Grant (CDBG) funds will be available to perform the lead hazards abatement for residential rehabilitation projects. The costs of lead inspection, testing and hazards abatement are part of the normal costs of Residential Rehabilitation. Lead hazards abatement must be performed in order to comply with Federal regulations.

G. Asbestos Hazard Notification

An asbestos disclosure notification will be provided to all applicants. Buildings constructed prior to 1980 are likely to contain asbestos. The cost to perform asbestos testing and hazard abatement for pre-1980 dwelling units are part of the normal costs of Residential Rehabilitation.

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H. Lead & Asbestos Procedures: Testing and Abatement

1. A Lead-Based Paint and Asbestos testing/screening will be requested from the procured testing contractor on homes built prior to 1978 for lead-based paint and prior to 1980 for asbestos, after the initial inspection is conducted by the Residential Rehabilitation Program staff. The request shall indicate areas on the property that will be disturbed during the rehabilitation project.

2. Upon receipt of the test results, the homeowner will be mailed a copy of the report(s) and notified of lead-based paint and/or asbestos findings.

3. The Residential Rehabilitation Program will determine which areas of the home will be abated based upon the project items that will be conducted and will obtain bids from three (3) lead/asbestos abatement contractors for the abatement project.

4. Upon receipt of three (3) abatement bids, the Residential Rehabilitation Program will prepare a bid comparison chart and select the lowest bidder for the project.

5. Contracts will be prepared for the Homeowner, Contractor, and City and project commencement will be coordinated with the general contractor of the rehabilitation project.

6. Upon completion of abatement, a clearance test will be requested from the procured testing contractor.

NOTE: Abatement projects that do not receive initial clearance will be re-abated and tested at the cost of the abatement contractor, and a second clearance test will be conducted.

I. Substitution of Contractor

In the event that the selected contractor shall fail or refuse to complete the work in a professional and workmanlike manner as set forth in the Rehabilitation Construction Contract, including its General Conditions and Standard Specifications, or fails to use due diligence in performing the required work, the property owner(s) may terminate the Rehabilitation Construction Contract, upon providing proper notice to such Contractor.

The City shall assist the homeowner in completing the necessary termination document as needed. No further rehabilitation is to commence until the Request for Substitution of Contractor and Termination of Contract Form, releasing the original contractor from his/her contractual obligations, is on file at the City, and a new contract is signed between the substitute Contractor and the homeowner(s).

1. Non-commencement By Original Contractor. The property owner shall obtain a substitute Contractor willing to perform the rehabilitation, and to the extent possible, negotiate the total contract price with the new Contractor to assure that the new contract does not exceed available grant or loan funding. A new Rehabilitation Construction Contract, Notice to Proceed, and Waiver and Hold Harmless Agreement shall be prepared by the City and appropriately signed.

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2. Non-compliance By Original Contractor. The City shall inspect the job and compile a list of incomplete or unacceptable items to determine the extent of work to be completed by the substitute Contractor. A meeting shall be held between the City, homeowner(s) and the original contractor to establish a method of Contractor payment and prepare an official Request for Substitution of Contractor Form, signed by both homeowner(s) and the Contractor. Funds withheld from the original Contractor shall be delineated on the form. Lien releases and invoices from the original Contractor and subcontractor(s) must be provided by the Contractor. The property owner shall obtain a substitute Contractor willing to perform such work, and, to the extent possible, the City will assist in negotiating the total contract price with the new Contractor to assure that the new contract does not exceed available grant funding. A new Rehabilitation Construction Contract, Notice to Proceed, and Waiver and Hold Harmless Agreement shall be prepared by the City and appropriately signed.

J. Davis-Bacon Requirements

In accordance with CDBG Program Entitlement Grant Regulations, Davis-Bacon requirements apply to the rehabilitation of residential property only if such property contains 8 units or more. Therefore, this program is exempt from the Davis-Bacon requirements.

K. Procurement of Lead-Based Paint and Asbestos Inspection and Testing Services

Staff will comply with the City of Bell’s Procedures for Community Development Block Grant (CDBG) Purchases and Procurement , dated March 1, 2004, in procuring lead-based paint and asbestos inspection and testing services. A Request for Proposal will be issued to obtain the services of a qualified firm to provide lead-based paint and asbestos hazard inspection and testing services. Selection of the firm will be made on a competitive basis. Upon review and approval of the bids submitted by proposers, the City Council will award a five-year service contract renewable on an annual basis to the lowest most responsive bidder.

L. Final Project Survey

Staff will complete a Final Project Survey for each unit rehabilitated under the Residential Rehabilitation Program. The Final Project Survey will list the following information in order to present an over view of the project including: Applicant Name and Address, Total Expended, Census Tract, Year Built, Ethnicity, Type of Housing Assisted, Income Limit, Application Date, Date of Approval, Date Work Started, Date Work Completed, Final Building Approval Date, Date of Signature for Notice of Satisfaction, Type of Owner Verification, List of Work Performed, and Verification of Written Consent.

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VI. TARGET AREA PROGRAM

A. Purpose, Goal and Objective of Program

In order to meet CDBG goals and objectives with limited resources, staff will implement the Target Area Program to revitalize a chosen street or neighborhood with the intention of creating a larger visual and physical impact.

Grants shall be given to eligible low- and moderate-income, owner-occupied homeowners of single-family properties. Single-family property means a residential property containing one through four dwelling units. If a property contains two dwelling units, at least one must be occupied by low- and moderate-income income households, and if the property contains more than two dwelling units, then at least 51% of units must be occupied by low- and moderate-income households. Assistance shall be available to eligible homeowners in the form of an $18,000 single-family dwelling grant per unit. Funds are not transferable between units. At the discretion of the Community Development Director, the grant amount may be increased by a maximum of 5% on a case by case basis.

The Target Area Program will follow the Residential Rehabilitation Program process with modifications listed in Section VI (B – G).

B. Applicant Intake and Eligibility Determination

1. Pre-Screening. Code Enforcement will forward potential applicants from the target area for screening. To the extent possible, prospective applicants shall be pre-screened for basic eligibility requirements. The City will maintain a Target Area Program waiting list separate from the Residential Rehabilitation Program’s interest list.

2. Verification and Eligibility Determination. The City shall verify all sources of household income for every unit in accordance with guidelines established by the CDA. Household income must be verified for every unit before applicant eligibility can be established. The City shall also verify the ownership and occupancy of the property. Applicants will be notified in writing regarding eligibility status.

3. Rehabilitation Feasibility Determination. Once an applicant is determined to meet eligibility requirements, an initial inspection of the property and dwelling(s) will be made by the Residential Rehabilitation Program staff and Building Inspector to determine the extent of any building deficiencies that may be corrected through the Target Area Program.

4. Approval and Notifications. Grants shall be reviewed and approved by the appropriate City staff. Applicants must meet all property and eligibility guidelines in effect at the time of funding approval. Homeowners will be

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provided written notification of approval or denial. Reasons for project denial will be provided to the homeowners in writing.

C. Income Eligibility Standards Based on Total Persons in Household

Participation in the Target Area Program is limited primarily to properties whose applicants’ annual household income does not exceed the HUD-established “moderate-income” limits that the CDA publishes through its annual CDBG Bulletin.

The City will require documentation of both household size and household income information for each unit in order to determine applicant eligibility.

D. Property Ownership

At least one applicant must be (1) the current owner of the property and (2) reside at the property to be rehabilitated for a minimum of six (6) months in order to be eligible for Program assistance. The existing grant deed must list all current owners of the property.

Property owner(s) shall be construed to be any person(s) or legal entity that holds title to the property being rehabilitated. In the case of multiple ownership, the signature for each titleholder is required on all appropriate documents. The City will verify property ownership and require all persons currently on the title to give written consent to all work proposed to be conducted on the property prior to initiating such work.

E. Other Documentation Required

The applicant(s) must also submit the following documents in order to determine eligibility:

1. Copy of property grant deed;

2. Copy of identification with photograph of all title holders

3. Copy of recent property tax bill;

4. Copy of recent utility bill;

5. Copy of current mortgage statement;

6. Copy of insurance policy for the property;

7. City Application;

8. Copy of signed Federal Income Tax forms for the previous year (2 years if the applicant is self-employed);

9. Copies of three (3) recent and consecutive payroll check stubs, Social Security checks, Social Security SSI checks, AFDC checks or pension and retirement checks, rental income, child support, alimony payments, or unemployment benefits, to the extent such compensation is received by the applicant or a member of the applicant’s household;

10. Copies of statements of all assets (real or personal property).

If a property has multiple dwelling units, each unit must submit items 7 – 10.

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F. Eligible Renovation

Repairs that may be eligible through the Target Area Program are:

1. Correction of code violations;

2. Repair/replace roofing;

3. Repair/replace windows;

4. Repair/replace stucco;

5. Exterior painting;

6. Any items determined eligible by the City; and

7. The elimination of specific conditions detrimental to public health and safety, which have been identified by the City.

G. Re-application Period

In order to give as many persons the opportunity to participate in these programs, at the discretion of the Community Development Director, any Target Area Program applicant(s) may be eligible for the Residential Rehabilitation Program, or vice-versa, within a 5-year period on a case-by-case basis.

H. Grant Repayment

Grants are secured with a deed of trust recorded as a lien against the property. However, grants do not require repayment unless the property owner sells or transfers property ownership within a two (2) year period following the anniversary date of the filing of the notice of completion. If a property has more than one dwelling unit, the property owners must maintain fair market rent in accordance with the HUD Fair Market Rent Documentation System. Repayment of grants will be prorated annually.

VII. AMENDMENTS

Amendments to these guidelines may be made from time to time by the City. Authority to make minor modifications shall rest on the Community Development Director. Major modifications to the program guidelines shall be submitted to the City Council for consideration and approval. Modifications shall not be made to areas required under federal regulations.

ATTACHMENTS:

1. CDA CDBG Bulletin 16-0006: Types of Income To Consider When Determining Applicant Eligibility in CDBG-Funded Programs

2. CDA CDBG Bulletin 16-0007: Guidelines for Documenting Eligibility in CDBG Residential Rehabilitation Programs

3. CDA CDBG Bulletin 16-0008: CDBG Funded Residential Rehabilitation Programs

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Architect Initials____ / Client Initials____ Page 1 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com Date: 06/07/2023

Client: City of Bell
6330 Pine Ave
Bell, CA 90201

Project: Bell On-call Professional Architectural Services

Dear Valentin,

Thank you for the opportunity to provide on-call professional architectural services. Attached, you will find a proposal that outlines our services and fees. The services listed represent our general services and are conditional on the scope of work required for each specific project. We encourage an open dialogue with our Owners to nurture and develop ideas. We listen, conceptualize, and execute with sensitivity and attention to each Owner’s completely unique ideas and concerns.

The team at RFRM Collective and I are ready to get started. I am available to walk you through this proposal and answer any questions that you may have. Please feel free to call me at your convenience.

Best regards,

Javier Meier Borrani

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Architect Initials____ / Client Initials____ Page 2 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com Proposal for Architectural Services

A Project Scope of Work
Task #1 A-D: Bell Commercial Rehabilitation Façade Improvement Program:

Façade A, Façade B, Façade C, Façade D

1. Contract amount NOT TO EXCEED $10,000 per Task, billed hourly as time and material. a. Once a project is identified and scope is defined, RFRM will provide a separate scope with specific phases and estimated fees for that project.
b. An estimated single project fee breakdown, based on the Bell Commercial Rehabilitation Façade Improvement Program, is provided below (consultants not included):

Architectural Fees: Duration Amount % of Phase
Pre-Design (Weeks)
A0 Feasibility Service (FS) TBD $900.00 33%
A00 Concept Design (CO) TBD $1,800.00 67%
Pre-Design Subtotal TBD $2,700.00

Architectural Services:

A1 Schematic Design Phase (SD TBD $2,190.00 30%
A2 Design Development Phase (DD) TBD $2,920.00 40%
A3 Construction Document Phase (CD) TBD $2,190.00 30%
Architectural Services Subtotal TBD 7,300.00
Estimated Hourly Fee Total $10,000.00
(Bill as T&M)

Consultants
Third-Party Cost Estimator (if requested by Client) $5,000.00

Task #2: On-Call Services Not to exceed $10,000
Hourly Rates (See section E Below)
Principal $250.00
Project Architect/Manager $175.00
Designer Level 1 $125.00

Scope of work for each Task #A-D:

The Project will progress in phases as described below. Each individual phase scope is comprised of specific meetings, design and code research, project management, and project deliverables. See Exhibit A for detailed description of available services per phase.

A0 Feasibility Phase A7 Architectural Detailing Services A00 Concept Design Phase A8 Interior Architectural Services A000 Entitlement Phase
A1 Schematic Design
A2 Design Development
A3 Construction Development
A4 Permitting Phase

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Architect Initials____ / Client Initials____ Page 3 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com A5 Bidding Phase
A6 Construction Administration Phase

Third-Party Consultants:

Upon Client authorization to proceed ARCHITECT will:
a. Hire a third-party project cost estimator for a maximum fee of $5,000.00 per project. b. If RFRM Collective is unable to obtain a proposal that meets the maximum allowed $5,000.00 per project, RFRM Collective will not be required to provided the additional fees required for the third -party consultant.

B Compensation
B.1 Architectural Fees: As required per project. billed hourly as time and material per hourly rates in section “E”.

B.2 Consultant Fees: As required per project.

B.3 The following stipulations apply to the above fee:
1) The fee above excludes all consultant-related costs with the exception of Third-Party Cost Estimator.
2) Due to the required sequencing of construction and the unknown nature of the required time to perform construction services at this time, the Construction Administration Phase (CA) will be billed hourly.

C Billing
C.1 ARCHITECT will invoice monthly on a work-earned basis. Payment is due upon receipt. Payment is considered late after 45 days.

C.2 ARCHITECT has the right to suspend work for payment not received within 45 days from date of invoice. ARCHITECT will give the City 5 to 7 day written notice before suspending work.

D Reimbursable Expenses
D.1 Project Expenses: The above fee is exclusive of reimbursable expenses. Reimbursable expenses are billed at cost plus fifteen (15%) percent. These include but are not limited to reprographics, messenger services, physical model costs, travel, mileage (IRS Current rate), governmental fees, etc.

D.2 Consultant Expenses: A 15% mark-up will be added on those consultant invoices requested by the Owner to be contracted directly with the Architect. There is no mark-up on consultant invoices contracted directly and paid directly by the Owner.

E Hourly Rates
Hourly rates for on call services below:

Principal $250.00
Project Architect/Manager $175.00
Designer Level 1 $125.00

Architect reserves the right to increase hourly rates yearly beginning on January 1, 2024. Not to exceed CPI.

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Architect Initials____ / Client Initials____ Page 4 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com

F Stamp Only After Payment
ARCHITECT will not stamp drawings for any phase of this Project under the terms of this Agreement until all invoices billed up to that point have been paid in full.

G Project Costs
ARCHITECT is not stating the actual cost of the Project. ARCHITECT is not responsible for the cost of the Project. The Owner is aware of the challenges in designing a unique project that make it difficult to pre- determine an exact construction budget. Owner understands that ARCHITECT is not a cost estimator or contractor and does not have a cost estimator’s or contractor’s experience with factors such as: the specific decisions of other Consultants involved with the Project; the means, methods, sequences, and operations of construction and related safety programs; the cost and extent of labor, equipment, and materials; cost estimators’ and Contractors’ techniques for determining prices and market conditions; and other factors that cost estimators and Contractors consider and over which ARCHITECT has no control. Given the number and extent of assumptions, ARCHITECT must make in order to develop an opinion of probable cost, ARCHITECT’s opinion of probable cost will not be as accurate as the estimate furnished by a cost estimator or Contractor.

If all the bids are higher than the Owner expects and significant cost savings cannot be achieved through changing the specification of materials, then the Owner shall authorize ARCHITECT to re-design the Project at the hourly rates described in item “E”.

H Publicity and Promotion
ARCHITECT shall have the right to include photographic or artistic representations of the design of the Project among ARCHITECT’s promotional and professional materials. ARCHITECT shall be given reasonable access to the completed Project to make such representations. The Owner shall provide professional credit for ARCHITECT in the Owner’s promotional materials for the Project. The ARCHITECT will give the City written notice of publicity.

I Arbitration
This Agreement will be governed by the laws of the State of California. Any controversy or claim arising out of, or relating to, this Agreement, or its breach, shall be settled by arbitration in the County of Los Angeles in accordance with the then governing rules of the American Arbitration Association. The Arbitrators shall have the authority to award reasonable attorney’s fees to the prevailing party.

Judgment upon the award may be entered and enforced by any court of competent jurisdiction.

J Acceptance
If the above proposal meets with your approval, please sign below, and initial each page. Architect will begin work upon signature of that agreement. This Proposal along with our Terms and Conditions will form the basis of our Agreement. This proposal is valid for 3 months.

Respectfully submitted,

_______________________ _________________________ ____________

_______________________________________________________________________________________________________________________________________________________

Architect Initials____ / Client Initials____ Page 5 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com Javier Meier Borrani City Representative (signature) Date Founder and Principal City of Bell
- -
RFRM Collective

_______________________________________________________________________________________________________________________________________________________

Architect Initials____ / Client Initials____ Page 6 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com Exhibit A

A0 Feasibility (FS): Estimated Schedule project dependent.

A0.1 MEETINGS: ARCHITECT will meet as required with client during the FS process:
a. Kickoff Meeting with Client to establish project goals and understand client’s program.
b. Client Meetings: to discuss code summary and ballpark square footages and Rough Order of Magnitude (ROM) costs.

A0.2 DESIGN:

CODE & SITE RESEARCH: ARCHITECT will
a. Visit the site to look at context and photograph the site. b. Meet with the Local Building and Safety Departments and Planning/Zoning Departments to confirm code compliance.

DESIGN: ARCHITECT will
a. Develop the client’s program with ballpark square footages. b. Develop a ROM of construction costs based on cost per square foot.

A0.3 PROJECT MANAGEMENT: ARCHITECT will
a. Update project schedule (weekly basis).
b. Update To-Do-List (weekly basis).
c. Prepare and update meeting minutes on a weekly basis. d. Schedule client meetings.

A0.4 PRODUCTION OF DELIVERABLES: ARCHITECT will provide the following:
a. Code Summary Report.
b. Clients Program.
c. Clients ROM of costs.

OPTIONAL TASK #3
A0.5 ENTITLEMENTS: ARCHITECT will:
a. Confirm Application Requirements including:
• project narrative
• photo documentation of site and neighborhood
• assemble required drawing package
• additional renderings - add service
• material sample boards
• window/door schedules if applicable
• assist in filling out applications
• city planning questionnaire
b. Meeting with client/land use consultant to review application materials. c. Meeting with city to submit application if required. d. Attend neighborhood council meeting (define # of meetings to be attended). e. Attend Public Hearing (define # of meetings to be attended). f. Provide Governmental agency required revisions.

A00 Conceptual Design (CO): Estimated Schedule project dependent.

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Architect Initials____ / Client Initials____ Page 7 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com A00.1 MEETINGS: ARCHITECT will meet as required with client during the CO process:
a. Client Meetings: to discuss and review design concepts and strategy.

A00.2 DESIGN: ARCHITECT will
a. Develop design concepts and strategies.

A00.3 PROJECT MANAGEMENT: ARCHITECT will
a. Update project schedule (weekly basis).
b. Update To-Do-List (weekly basis).
c. Prepare and update meeting minutes on a weekly basis. d. Schedule client meetings.

A00.4 PRODUCTION OF DELIVERABLES: ARCHITECT will provide the following:
a. Design concepts and strategy diagrams.
b. Preliminary mood board with Inspirational images.

A1 Schematic Design Phase (SD): Schedule by City.

A1.1 MEETINGS: ARCHITECT will meet as required with client during the SD process:
a. Kickoff Meeting with Client to establish project goals and understand client’s program.
b. Client Meetings: to discuss code summary, Mood Boards, design direction, progress, etc.
c. Second Client Meetings to review progress.

A1.2 DESIGN EFFORTS:

INSPIRATION / MOOD BOARD: ARCHITECT will
a. Prepare a mood board depicting the feel and look of the project through inspirational images of the project.

CODE REVIEW: ARCHITECT will
a. Meet with the Local Building and Safety Departments and Planning/Zoning Departments to confirm code compliance.

DESIGN & 3D MODELING: ARCHITECT will
a. Prepare drawings and a 3D model to describe the design for the project. These drawings will be completed with sufficient detail to allow discussions with the Client.

A1.3 PROJECT MANAGEMENT: ARCHITECT will
a. Update project schedule (weekly basis).
b. Update To-Do-List (weekly basis).
c. Prepare and update meeting minutes on a weekly basis. d. Schedule client meetings.
e. Coordinate requests for proposals from the consultant team.

A1.4 PRODUCTION OF DELIVERABLES: ARCHITECT will provide the following:
a. Cover Sheet.
b. Survey with Low Point of Grade.
c. Site Plan/Plot Plan.
d. Parking Plan with car sizes and backup distances.
e. Ground Floor Plan with dimensions and furniture - including structural grid as required.
f. Typical Floor Plans with dimensions and furniture - including structural grid as required.

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Architect Initials____ / Client Initials____ Page 8 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com g. Roof Plans with common open spaces dimensioned and identified. h. Elevations - include floor-to-floor heights, ceiling heights, overall heights, and overruns/exceptions.
i. Sections - include floor-to-floor heights, ceiling heights, overall heights, and overruns/exceptions.

A2 Design Development (DD): Schedule by City.

Upon Client authorization to proceed ARCHITECT will:

A2.1 MEETINGS: ARCHITECT will meet as required with client and consultants during the DD process:
a. Meeting with Consultants: discuss building systems, materials, and schedule. b. Meeting with Client: discuss options presented by consultants. c. Second Client Meeting: discuss updates on Project.

A2.2 DESIGN EFFORTS: ARCHITECT will provide the following:

MATERIAL BOARD: ARCHITECT will present the exterior building materials and discuss the interior finish materials in concept.

UTILITIES: ARCHITECT will
a. Contact the local utilities and determine hook-up locations. These are subject to change during construction and when the Utility Installation Team makes the final installation decision.

DESIGN &: ARCHITECT will
a. Continue to refine drawings and a 3D model to describe the design for the project. These drawings will be completed with sufficient detail to allow discussions with the Client.

A2.3 PROJECT MANAGEMENT: ARCHITECT will
a. Update project schedule (weekly basis).
b. Update To-Do-List (weekly basis).
c. Prepare and update meeting minutes on a weekly basis. d. Schedule client meetings.
e. Coordinate design meetings with consultants.

A2.4 PRODUCTION OF DELIVERABLES: ARCHITECT will provide the following:
a. Cover Sheet - add all consultants, finalize square footages and unit count, parking, bike parking, etc.
b. Survey with Low Point of Grade.
c. Site Plan/Plot Plan - coordinate with landscape and civil, include planters/LID systems, top of wall/fence heights, path of travel.
d. Parking Plan - finalize any additional information; locate garage exhaust shaft if required, show sump-pump and drainage location from plumbing engineer. e. Ground Floor Plan - coordinate with structural and MEP; top of slab elevations, transitions between interior and exterior, topping slabs if required, drainage, downspout locations.
f. Typical Floor Plans - finalize. Confirm proper wall and floor types are being used in REVIT.
g. Roof Plans - confirm sloping/sleepers per structural; roof drains and downspout locations per MEP.

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Architect Initials____ / Client Initials____ Page 9 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com h. Wall Sections - generate wall sections to reflect all material intersections and changes in plane.
i. Elevations – finalize.
j. Sections – finalize.
k. Include Preliminary CSMEPL drawing package.

A3 Construction Documents (CD): Schedule by City.

Upon Client authorization to proceed ARCHITECT will:

A3.1 MEETINGS: ARCHITECT will meet as required with client and consultants during the CD development process:
a. Meeting with Consultants: discuss building systems, materials, and schedule. b. Meeting with Client: discuss options presented by consultants. c. Second and Third Client Meeting: discuss updates on Project.

A3.2 DESIGN EFFORTS: ARCHITECT will provide the following:

UTILITIES: ARCHITECT will
a. Coordinate with the local utilities and determine hook-up locations. These are subject to change during construction and when the Utility Installation Team makes the final installation decision.

DESIGN & 3D MODELING: ARCHITECT will
a. Update any minor design changes.

A3.3 PROJECT MANAGEMENT: ARCHITECT will
a. Update project schedule (weekly basis).
b. Update To-Do-List (weekly basis).
c. Prepare and update meeting minutes on a weekly basis. d. Schedule client meetings.
e. Coordinate design meetings with consultants.

A3.4 PRODUCTION OF DELIVERABLES: ARCHITECT will provide the following:
a. Cover Sheet - add all consultants, finalize square footages and unit count, parking, bike parking, etc.
b. Survey with Low Point of Grade.
c. Site Plan/Plot Plan - coordinate with landscape and civil, include planters/LID systems, top of wall/fence heights, path of travel.
d. Parking Plan - finalize any additional information; locate garage exhaust shaft if required, show sump-pump and drainage location from plumbing engineer. e. Ground Floor Plan - coordinate with structural and MEP; top of slab elevations, transitions between interior and exterior, topping slabs if required, drainage, downspout locations.
f. Typical Floor Plans - finalize. Confirm proper wall and floor types are being used in REVIT.
g. Power Plan.
h. Reflected Ceiling Plan.
i. Finish Plan.
j. Furniture Plan.
k. Roof Plans - confirm sloping/sleepers per structural; roof drains and downspout locations per MEP.

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Architect Initials____ / Client Initials____ Page 10 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com l. Wall Sections - generate wall sections to reflect all material intersections and changes in plane.
m. Elevations – finalize.
n. Sections – finalize.
o. Include Preliminary CSMEPL drawing package.

A4 Permit & Approvals (PA): Schedule by City.

The following services are included in the Architects fixed fee:

A4.1 PERMIT RELATED EFFORTS:

ARCHITECT will provide the following:
a. Implement plan check comments into Architects Scope of Work.

A4.2 PROJECT MANAGEMENT: ARCHITECT will
a. Update project schedule (weekly basis).
b. Update To-Do-List (weekly basis).
c. Prepare and update meeting minutes on a weekly basis. d. Schedule client meetings.
e. Coordinate design meetings with consultants.

A4.3 PRODUCTION OF DELIVERABLES: ARCHITECT will provide the following:
a. Prepare Permit Stamped Documents.

The following services are provided by the permit expeditor, or these can be provided hourly by ARCHITECT:

A4.4 MEETINGS: All meetings are Hourly in this phase.

A4.5 PERMIT RELATED EFFORTS: The permit expeditor will provide the following services, or these can be provided hourly by ARCHITECT:
a. Preparation and filing of additional governmental applications and forms. b. Obtaining clearances (as called out on the Building Application clearance summary sheet) or other sign-offs.
c. Meetings at Building Department and other administrative approvals or permit work as required to secure permits.

A5 Bidding & Negotiation (BN): Schedule by City.

The services in this section are provided hourly
Upon Client authorization to proceed ARCHITECT will:

A5.1 MEETINGS: ARCHITECT will meet as required with client and consultants during the BN process:
a. Meeting with Contractors: Project Walk-through meeting. b. Meeting with Client: discuss Bid and Contractor.
c. Second Client Meeting: discuss updates on Project.

A5.2 BIDDING: ARCHITECT will provide the following:
a. Respond to Contactors Request For Information (RFI’s).

A5.3 PROJECT MANAGEMENT: ARCHITECT will
a. Update project schedule (weekly basis).
b. Update To-Do-List (weekly basis).
c. Prepare and update meeting minutes on a weekly basis.

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Architect Initials____ / Client Initials____ Page 11 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com d. Schedule client meetings.
e. Coordinate design meetings with consultants.

A5.4 PRODUCTION OF DELIVERABLES: ARCHITECT will provide the following:
a. Prepare Bid Documents.

A6 Construction Administration Phase (CA): Schedule by City.

The services in this section are provided hourly
Upon Client authorization to proceed ARCHITECT will:

A6.1 MEETINGS: ARCHITECT will meet as required with client and Contractor during the CA process.

A6.2 CONSTRUCTION ADMINISTRATION: ARCHITECT will provide the following:
a. Respond to Contactors RFI’s.
b. Provide SK’s as requested by Contractor.
c. Provide review of Shop Drawings.
d. Provide review of Substitution Requests.

A6.3 PROJECT MANAGEMENT: ARCHITECT will
a. Update project schedule (monthly basis).
b. Update To-Do-List (weekly basis).
c. Review Contractors weekly reports and meeting notes. d. Respond with Emails to Contractor’s misc. requests.

A6.4 PRODUCTION OF DELIVERABLES: ARCHITECT will provide the following:
a. Monthly or Weekly Construction Status Reports

A7 Architectural Detailing (AD): Schedule by City.

The services in this section are provided hourly
Upon Client authorization to proceed ARCHITECT will:

A7.1 MEETINGS: ARCHITECT will meet as required with client and consultants during the AD process:
a. Meeting with Consultants: discuss detailing of building systems, materials, and schedule.
b. Meeting with Client: discuss project specific details. c. Second and Third Client Meeting: discuss updates on Project.

A7.2 DESIGN EFFORTS: ARCHITECT will provide the following:

DESIGN: ARCHITECT will
a. Prepare exterior wall sections with additional information to describe the design intent.
b. Provide additional details to describe custom design conditions. c. Develop drawing-based specifications as notes on sheets to supplement the permit-required drawing documentation.

A7.3 PROJECT MANAGEMENT: ARCHITECT will
a. Update project schedule (weekly basis).
b. Update To-Do-List (weekly basis).
c. Prepare and update meeting minutes on a weekly basis. d. Schedule client meetings.
e. Coordinate design meetings with consultants.

_______________________________________________________________________________________________________________________________________________________

Architect Initials____ / Client Initials____ Page 12 of 12 RFRM Collective | 525 S Hewitt St, Los Angeles, CA 90013 | 213 500 0547 | rfrmcollective.com A7.4 PRODUCTION OF DELIVERABLES: ARCHITECT will provide the following:
a. Specific Door & Windows Details and specification.
b. Wall Sections.
c. Additional Building Sections.
d. Soffit Plan.
e. HVAC diagram.
f. Reflected Ceiling Plan.
g. Furniture Plan.
h. Finish/Material Plan.
i. Hardscape Plan.
j. Landscape Diagram.
k. Detailed Dr & Win Schedule.
l. Separate Dimension Plan.
m. Foundation Plan.

A8 Interior Architectural Services (IA): Estimated Schedule project dependent.

The services in this section are provided hourly
Upon Client authorization to proceed ARCHITECT will:

A8.1 MEETINGS: ARCHITECT will meet as required with client and consultants during the IA process:
a. Meeting with Vendors: discuss materials and finishes. b. Meeting with Client: discuss materials, finishes and project specific details. c. Second and Third Client Meeting: discuss updates on Project.

A8.2 DESIGN EFFORTS: ARCHITECT will provide the following:

DESIGN: ARCHITECT will
a. Prepare exterior wall sections with additional information to describe the design intent.
b. Provide additional details to describe custom design conditions. c. Develop drawing-based specifications as notes on sheets to supplement the permit-required drawing documentation.

A8.3 PROJECT MANAGEMENT: ARCHITECT will
a. Update project schedule (weekly basis).
b. Update To-Do-List (weekly basis).
c. Prepare and update meeting minutes on a weekly basis. d. Schedule client meetings.
e. Coordinate design meetings with consultants.

A8.4 PRODUCTION OF DELIVERABLES: ARCHITECT will provide the following:
a. Kitchen Elevations and Details.
b. Bathroom Elevations and Details.
c. Closets Elevations and Details.
d. Fireplace Elevations and Details.
e. Molding Specs: Base/Crown/Wains.
f. Lighting wiring Plan and Lighting Specs.
g. Custom Cabinet Details.
h. Excludes specification of actual materials or products.

Commercial Rehabilitation Program
9 Potential Sites Along Gage and Atlantic

4511 Gage
Ave

6511 Atlantic
Avenue

6505 Atlantic
Ave

6607 Atlantic
Ave

6617 Atlantic Ave

4978 Gage Ave

4320 E Gage Ave

3923 E Gage Ave

01135.0001/891568.1 1 of 4

AMENDMENT NO. 2

TO AGREEMENT FOR CONTRACTUAL SERVICES
BETWEEN CITY OF BELL AND GRAFFITI PROTECTIVE COATINGS, INC.

THIS AMENDMENT TO THE AGREEMENT FOR CONTRACTUAL SERVICES (“Amendment No. 2”) by and between the CITY OF BELL (“City”), a California charter city, and GRAFFITI PROTECTIVE COATINGS, INC., a California corporation (“Consultant”), is effective as of the ______ day of _______________ 2023.

RECITALS

A. City and Consultant entered into that certain Contract Services Agreement dated June 26, 2019 (“Agreement”) whereby Consultant agreed to provide graffiti removal services on public property, as well as private property visible from the public right -of-way, within the City (the “Services”).

B. The Term of the Agreement was from June 26, 2019 to June 26, 2022 with two (2) one-year extensions in the City’s sole and absolute discretion (per Exhibit D).

C. The total maximum compensation due under the Agreement was $576,000.00, with an annual not to exceed amount of $192,000.00.

D. In Amendment No. 1 , dated June 27, 2022, the City and Consultant extend ed the term of the Agreement by one (1) additional year, from July 1, 2022 to June 30, 2023, exercising one (1) of its two (2) one-year extensions. Amendment No. 1 increased the monthly installment fee by $500.00 from $16,000.00 to $16,500.00. The increase in monthly fees resulted in an annual amount of 198,000.00. As such, Amendment No. 1 increased the Contract Sum by $ 198,000.00 from $576,000.00 to $774,000.00, to account for the one-year term extension.

E. By this Amendment No. 2, the City and Consultant desire to extend the term of the Agreement by one (1) additional year, from July 1, 2023 to June 30, 2024, exercising the second of its two (2) one -year extensions. Amendment No. 2 will also increase t he monthly installment fee by $1,300.00 from $16,500.00 to $17,800.00. The increase in monthly fees results in an annual amount of $213,600.00. Therefore, Amendment No. 2 will increase the contract sum by $213,600.00 from $774,000.00 to $987,600.00, to account for the one-year term extension.

F. Except as amended hereby, this extension is subject to the same terms and conditions as provided in the Agreement.

TERMS

1. Contract Amendments. The Agreement is amended as provided herein. Added text is indicated in bold italics, deleted text is indicated in strikethrough. a. Section 2.1, “Contract Sum,” is hereby amended and shall now read as follows:

01135.0001/891568.1 2 of 4

“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 expens es, shall not exceed $576,000 (Five Hundred Seventy Six Thousand Dollars ) $774,000 (Seven Hundred Seventy Four Thousand Dollars ) $987,600.00 (Nine Hundred Eighty Seven Thousand Six Hundred Dollars) (the “Contract Sum”), unless additional compensation is approved pursuant to Section 1.8.”

b. Section 3.4, “Term” is hereby amended and shall now read as follows:

“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 five (5) 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 one (1) additional one-year term.”

c. Section I. A. of Exhibit “C,” is hereby amended and shall now read as follows:

“A. Consultant shall perform the Services for an annual fee of $192,000 (One Hundred Ninety Two Thousand Dollars ) $198,000 (One Hundred Ninety Eight Thousand Dollars) $213,600.00 (Two Hundred Thirteen Thousand Six Hundred Dollars) to be paid in flat monthly installments of $16,000 (Sixteen Thousand Dollars) $16,500 (Sixteen Thousand Five Hundred Dollars) $17,800.00 (Seventeen Thousand Eight Hundred Dollars), which include all costs related to the performance of the Services including but not limited to materials, equipment, and mileage. The first invoice will be submitted monthly thereafter.”

2. Continuing Effect of Agreement. Except as amended by Amendment No. 2, all provisions of the Agreement shall remain unchanged and in full force and effect. From and after the date of this Amendment No. 2, whenever the term “Agreement” appears in the Agreement, it shall mean the Agreement, as amended by Amendments Nos. 1 and 2.

3. Affirmation of Agreement; Warranty Re Absence of Defaults. City and Consultant each ratify and reaffirm each and every one of the respective rights and obligations arising under the Agreement. Each party represents and warrants to the other that there have been no written or oral modifications to the Agreement other than as provided herein. Each party

01135.0001/891568.1 3 of 4

represents and warrants to the other that the Agreement is currently an effective, valid, and binding obligation.

Consultant represents and warrants to City that, as of the date of this Amendment No. 2, City is not in default of any material term of the Agreement and that there have been no events that, with the passing of time or the giving of notice, or both, would constitute a material default under the Agreement.

City represents and warrants to Consultant that, as of the date of this Amendment No. 2, Consultant is not in default of any material term of the Agreement and that there have been no events that, with the passing of time or the giving of notice, or both, would constitute a material default under the Agreement.

4. Adequate Consideration. The parties hereto irrevocably stipulate and agree that they have each received adequate and independent consideration fo r the performance of the obligations they have undertaken pursuant to this Amendment No. 2.

5. Authority. The persons executing this Amendment No. 2 on behalf of the parties hereto warrant that (i) such party is duly organized and existing, (ii) they are dul y authorized to execute and deliver this Amendment No. 2 on behalf of said party, (iii) by so executing this Amendment No. 2, such party is formally bound to the provisions of this Amendment No. 2, and (iv) the entering into this Amendment No. 2 does not violate any provision of any other Agreement to which said party is bound.

[SIGNATURES ON FOLLOWING PAGE]

01135.0001/891568.1 4 of 4

IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 2 on the date and year first-above written.

CITY:

CITY OF BELL, a California charter city

_________________________________
Monica Arroyo
Mayor
ATTEST:

__________________________________
Angela Bustamante
City Clerk

APPROVED AS TO FORM:

ALESHIRE & WYNDER, LLP

__________________________________
David J. Aleshire
City Attorney CONSULTANT :

GRAFFITI PROTECTIVE COATINGS,
INC., a California Corporation

By: ___________________________
Name:

Title:

By: ___________________________
Name:

Title:

Address: 419 N. Larchmont #264
Los Angeles, CA 90004
(323) 464-4472
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 DEVELOPER’S BUSINESS ENTITY.

CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT

STATE OF CALIFORNIA

COUNTY OF LOS ANGELES

On __________, 2023 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 i n 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 t he 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.

CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT

STATE OF CALIFORNIA

COUNTY OF LOS ANGELES

On __________, 2023 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 i n 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 o n 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.

UNDER SEPARATE COVER
AGENDA ITEM NO. 7

7. C
onsideration to approve Amendment No. 3 with Infinity Technologies for Information Technology (IT) and Geographic Information Systems (GIS) services.

R
ecommendation: It is recommended that the City Council approve Amendment No. 3 with Infinity Technologies for Information Technology (IT) and Geographic Information Systems (GIS) services.

UNDER SEPARATE COVER
AGENDA ITEM NO. 8

8. Adoption of the Recommended Budget for Fiscal Year 2023-2024. (City Council)

Recommendation: It is recommended that the City Council read by title only, waive further reading and adopt Resolution 2023-37 titled:

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BELL

ADOPTING THE CITY BUDGET FOR THE FISCAL YEAR
COMMENCING JULY 1, 2023 AND ENDING JUNE 30, 2024

Link to the proposed Fiscal Year 23/24 Budget:
https://www.cityofbell.org/Home/Components/News/News/825/50?backlist=%2f

Report Date: 06/14/2023
Issuer / Book Market % of YTM
CUSIP Security Value Value * Portfolio (Market Y)
LAIF 24,751,785 24,751,785 70.20% 2.87%
See Attached Asset-Backed Security 848,572 829,256 2.40% 5.31% See Attached Agency Issues 2,215,060 2,163,704 6.13% 4.68% See Attached Commercial Mortagage 378,807 378,715 1.08% 4.95% See Attached Corporate 2,552,538 2,496,352 7.08% 4.84%
See Attached Money Market 163,210 163,210 0.47% 4.42%
See Attached Supranational 529,063 506,041 1.44% 4.68%
See Attached US Treasury 4,097,728 3,964,898 11.24% 4.09% Accrued Interest 47,702 0.14%
Totals 35,536,763$ 35,301,662$ 100%
Bank Account Balances:

Wells Fargo Bank Stagecoach Sweep General Checking: 2,291,415.61$ Wells Fargo Bank Commercial Checking Choice IV-Public Funds: 60,353.00 Wells Fargo Bank Bell Community Housing Authority Checking Account: 1 -
Wells Fargo Bank Payroll Account: 2
-
Wells Fargo Bank Worker's Compensation Account: 3
64,048.57
2,415,817.18$
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 04/30/2023.

City of Bell Investment Report
LAIF Deposit and Core Investments
April 2023

MONTH FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23
JULY 25,600,523.51$ 25,320,562.61$ 27,158,657.80$ 36,441,274.21$ AUGUST 23,650,305.37 23,739,062.20 28,268,929.13 35,223,821.96$ SEPTEMBER 21,748,944.76 21,690,804.87 26,397,025.57 32,811,437.12$ OCTOBER 21,193,173.66 21,605,826.32 26,237,986.42 31,444,024.32$ NOVEMBER 20,099,691.81 22,017,659.98 25,741,196.73 31,238,472.56$ DECEMBER 21,785,287.59 24,124,656.89 28,966,073.71 33,614,575.25$ JANUARY 24,770,584.76 27,425,271.30 33,505,081.56 36,436,046.86$ FEBRUARY 25,232,601.81 25,221,695.57 33,233,351.99 37,509,622.83$ MARCH 25,624,394.74 25,161,017.39 32,837,890.46 36,515,694.26$ APRIL 26,944,295.13 25,811,974.54 34,829,178.84 37,952,579.87$ MAY 29,010,371.43 28,685,142.78 37,384,223.90
JUNE 29,238,115.42 28,279,502.12 38,524,813.01
City of Bell
Historical Summary of Invested Funds & Bank Deposits

Report Date: 06/14/2023
Issuer / Book Market % of YTM
Security Value Value * Portfolio (Purchase Y)
LAIF 838,643 838,643 100.00% 2.87%
Totals 838,643$ 838,643$ 100.00% Bank Account Balances:

Wells Fargo Bank Successor to RDA: 234,445.57$
* 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
April 2023
All Investments

MONTH FY 2020-21 FY 2021-22 FY 2022-23
JULY 2,652,039.24$ 2,634,143.35$ 2,596,401.97$
AUGUST 2,653,373.37 2,601,063.64 2,591,745.15$
SEPTEMBER 986,026.30 890,531.10 852,536.05$
OCTOBER 995,957.79 886,165.69 856,629.31$
NOVEMBER 995,957.04 876,829.70 843,758.80$
DECEMBER 995,914.01 873,108.41 841,336.47$
JANUARY 1,895,562.17 1,459,106.09 1,265,533.12$
FEBRUARY 1,747,081.95 1,325,546.77 1,262,014.62$
MARCH 1,140,655.41 1,014,355.71 1,077,986.33$
APRIL 1,144,094.97 1,000,743.36 1,073,088.31$
MAY 1,131,195.10 994,985.29
JUNE 2,770,827.46 2,595,074.09
Community Redevelopment Agency / Successor Agency
Historical Summary of Invested Funds & Bank Deposits

STAGECOACH SWEEP
WELLS FARGO BANK, N.A.

P.O. BOX 63020
THIS STATEMENT COVERS 04/01/2023 THROUGH 04/30/2023

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).

ALLSPRING TREASURY PLUS MMF A CLS
Transaction Detail
Daily Balance Information
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 04-01* 1,467,758.23 4.215 % .000115502 169.53
04-02* 1,467,758.23 4.215 % .000115502 169.53
04-03 1,467,758.23 4.195 % .000114941 168.71
04-04 1,623,276.92 4.209 % .000115322 187.20
04-05 1,505,907.63 4.211 % .000115376 173.75
04-06 1,510,974.95 4.209 % .000115315 174.24
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
4-01-2023 Beginning Balance 1,615,507.79
4-03-2023 Sweep Funds Return To DDA 153,084.05
4-03-2023 Reinvested Dividend 5,334.49
4-04-2023 Next Day Sweep Purchase 155,518.69
4-05-2023 Sweep Funds Return To DDA 117,369.29
4-06-2023 Next Day Sweep Purchase 5,067.32
4-10-2023 Next Day Sweep Purchase 50,965.83
4-10-2023 Next Day Sweep Purchase 201,225.03
4-11-2023 Sweep Funds Return To DDA 869.94
4-12-2023 Sweep Funds Return To DDA 154,474.93
4-13-2023 Next Day Sweep Purchase 12,198.88
4-14-2023 Sweep Funds Return To DDA 304,780.50
4-17-2023 Next Day Sweep Purchase 696,400.04
4-18-2023 Sweep Funds Return To DDA 207,766.09
4-19-2023 Sweep Funds Return To DDA 10,894.76
4-20-2023 Sweep Funds Return To DDA 352,178.90
4-21-2023 Next Day Sweep Purchase 1,795,197.72
4-24-2023 Next Day Sweep Purchase 153,409.35
4-25-2023 Next Day Sweep Purchase 247,580.03
4-26-2023 Sweep Funds Return To DDA 1,248,715.68
4-27-2023 Sweep Funds Return To DDA 3,835.11
4-28-2023 Sweep Funds Return To DDA 93,020.31
4-30-2023 Ending Balance 2,291,415.61

FUND SUMMARY
Dividends Earned YTD 27,565.41
Federal Withholding YTD .00
7-Day Simple Yield 4.23845 %
Federal Withholding .00
Beginning Balance 1,615,507.79
Prior Months Dividends Reinvested 5,334.49 +
Shares Purchased 3,317,562.89 +
Shares Redeemed 2,646,989.56 -
Ending Balance 2,291,415.61
Dividends Earned in Current Month 6,941.33
Funds Pending Investment 127,788.99

XXXXXXXXX

STAGECOACH SWEEP
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 04-07* 1,510,974.95 4.209 % .000115315 174.24
04-08* 1,510,974.95 4.209 % .000115315 174.24
04-09* 1,510,974.95 4.209 % .000115315 174.24
04-10 1,763,165.81 4.200 % .000115092 202.93
04-11 1,762,295.87 4.239 % .000116137 204.67
04-12 1,607,820.94 4.236 % .000116057 186.60
04-13 1,620,019.82 4.237 % .000116091 188.07
04-14 1,315,239.32 4.230 % .000115912 152.45
04-15* 1,315,239.32 4.230 % .000115912 152.45
04-16* 1,315,239.32 4.230 % .000115912 152.45
04-17 2,011,639.36 4.251 % .000116474 234.30
04-18 1,803,873.27 4.263 % .000116818 210.72
04-19 1,792,978.51 4.263 % .000116811 209.44
04-20 1,440,799.61 4.264 % .000116849 168.36
04-21 3,235,997.33 4.274 % .000117106 378.95
04-22* 3,235,997.33 4.274 % .000117106 378.95
04-23* 3,235,997.33 4.274 % .000117106 378.95
04-24 3,389,406.68 4.273 % .000117093 396.88
04-25 3,636,986.71 4.274 % .000117120 425.96
04-26 2,388,271.03 4.275 % .000117134 279.75
04-27 2,384,435.92 4.275 % .000117144 279.32
04-28 2,291,415.61 4.218 % .000115570 264.82
04-29* 2,291,415.61 4.218 % .000115570 264.82
04-30* 2,291,415.61 4.218 % .000115570 264.82
TOTAL MTD 6,941.34
* 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.
04/01/2023 - 04/30/2023

Account Number - DDA
4159281427

XXXXXXXXXX

Choice IV-Public Funds {NIB}
Account number: 4159281427 April 1, 2023 - April 30, 2023 Page 1 of 8 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 $50,000.00 $6,894,204.65 -$6,883,851.65 $60,353.00 Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount
Transaction detail
04/03 23.60 Southern Califor Single 230403
Just*Energy*Uut*Payment*20230222000070U031323\
04/03 556.80 Cash Only Customer Deposit
04/03 3,259.67 Square Inc 230403P2 230403 L210794253289 City of Bell 04/03 3,848.00 LA County Gen-Pymt 230329 500110 NTE*202303295668001 *A2300527093 *500110
04/03 58,580.22 Apport St of CA Apsapports 032823 388 Bell City Treasurer 04/03 102,078.35 Southern Califor Single 230403 SCG*Uut*Payment*20230222000070U031023\ 04/04 17.25 04/04Bankcard Deposit -0328029701
04/04 373.87 Square Inc 230404P2 230404 L210794434307 City of Bell 04/04 922.20 Cash Only Customer Deposit
04/04 1,326.45 Active Network, Registrati 000000006007691 Rmr*IV*13688049**1326.45*1326.45*0\Ref*PO*RN 0011
04/04 1,466.92 Desktop Check Deposit
04/04 5,432.24 Desktop Check Deposit
04/04 641.31 ZBA Funding Account Transfer From 4121929244 04/04 117,369.29 Sweep Transfer From Investment
04/05 147.86 Square Inc 230405P2 230405 L210794618302 City of Bell 04/05 170.30 04/05Bankcard Deposit -0328029700
04/05 265.60 04/05Bankcard Deposit -0328029700
04/05 333.00 Cash Only Customer Deposit
04/05 502.15 04/05Bankcard Deposit -0328029700
04/05 579.33 Cash Only Customer Deposit
04/05 137,785.52 Desktop Check Deposit
04/06 15.00 04/06Bankcard Deposit -0328029701
Sheet Seq = 0018229
Sheet 00001 of 00008

XXXXXXXXX

XXXXXXX

XXXXXXXX

©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.

Account number: 4159281427 April 1, 2023 - April 30, 2023 Page 2 of 8 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount
Transaction detail
04/06 20.00 04/06Bankcard Deposit -0328029701
04/06 72.00 Desktop Check Deposit
04/06 259.35 04/06Bankcard Deposit -0328029700
04/06 674.87 Square Inc 230406P2 230406 L210794933036 City of Bell 04/06 688.16 04/06Bankcard Deposit -0328029700
04/07 122.01 Square Inc 230407P2 230407 L210795252886 City of Bell 04/07 230.00 04/07Bankcard Deposit -0328029700
04/07 3,052.98 04/07Bankcard Deposit -0328029700
04/07 200,017.76 ZBA Funding Account Transfer From 4121929244 04/10 75.00 04/10Bankcard Deposit -0328029700
04/10 102.00 Cash Only Customer Deposit
04/10 1,100.00 Cash Only Customer Deposit
04/10 1,550.00 Desktop Check Deposit
04/10 2,923.45 Desktop Check Deposit
04/10 869.94 Sweep Transfer From Investment
04/11 668.69 04/11Bankcard Deposit -0328029700
04/11 719.92 Square Inc 230411P2 230411 L210795853877 City of Bell 04/11 8,603.29 Desktop Check Deposit
04/11 154,474.93 Sweep Transfer From Investment
04/12 180.31 04/12Bankcard Deposit -0328029700
04/12 330.72 Ce Solutions D Operating Fgwap0000630793 Cagasuut2303 04/12 951.33 Cash Only Customer Deposit
04/12 1,047.25 Cash Only Customer Deposit
04/12 3,428.98 Desktop Check Deposit
04/12 3,768.99 04/12Bankcard Deposit -0328029700
04/12 21,252.22 Ce Solutions D Operating Fgwap0000630880 Caelectricityuut2303 04/13 85.15 04/13Bankcard Deposit -0328029700
04/13 1,006.73 Active Network, Registrati 000000006011131 Rmr*IV*13696157**1006.73*1006.73*0\Ref*PO*RN 0011
04/13 1,400.95 Square Inc 230413P2 230413 L210796353232 City of Bell 04/13 3,437.50 WT Fed#02170 Bank of America, N /Org=PMAm Corporation Aaf City of Bell Srf# 2023041300387472 Trn#230413113404 Rfb# March23 Alarm Fe 04/13 304,780.50 Sweep Transfer From Investment
04/14 24.00 04/14Bankcard Deposit -0328029701
04/14 100.00 Cash Only Customer Deposit
04/14 147.86 Square Inc 230414P2 230414 L210796688189 City of Bell 04/14 252.00 Cash Only Customer Deposit
04/14 340.60 04/14Bankcard Deposit -0328029700
04/14 55,939.61 Southern Califor Single 230414 RA0320-Ml\ 04/14 182,066.43 Southern Califor EDI Paymts 2304100001 003*230301***20^Dtm*003*230331***20^SE*15*90355^G
04/14 259,331.23 Southern CA Edis Payments 230414 2007067304 NTE*ZZZ*Franchise_Pymt_2022_Bell\NTE*ZZZ*NA\
04/14 300,000.00 WT Seq157942 Cal State Treasurer /Org=State of California - Laif Srf# Ec23041492167155 Trn#230414157942 Rfb# 246004810150014
04/17 10.00 Cash Only Customer Deposit
04/17 290.55 Desktop Check Deposit
04/17 363.44 Square Inc 230417P2 230417 L210797252808 City of Bell Sheet Seq = 0018230
Sheet 00002 of 00008

XXXXXXXX

©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.

Account number: 4159281427 April 1, 2023 - April 30, 2023 Page 3 of 8 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount
Transaction detail
04/17 1,500.00 Jpmorgan Chase B Payment
Rmr*IV*17777-0002921721**1500.00*1500.00*0.00\
04/17 207,766.09 Sweep Transfer From Investment
04/18 122.01 Square Inc 230418P2 230418 L210797436671 City of Bell 04/18 182.00 04/18Bankcard Deposit -0328029700
04/18 518.00 04/18Bankcard Deposit -0328029701
04/18 1,072.66 Desktop Check Deposit
04/18 9,818.00 LA County Gen-Pymt 230413 500110 NTE*202304135683696 *A2300551744 *500110
04/18 42,012.09 ZBA Funding Account Transfer From 4121929244 04/18 10,894.76 Sweep Transfer From Investment
04/19 273.00 04/19Bankcard Deposit -0328029701
04/19 856.00 Cash Only Customer Deposit
04/19 1,241.27 Square Inc 230419P2 230419 L210797617810 City of Bell 04/19 1,255.60 04/19Bankcard Deposit -0328029700
04/19 2,410.30 04/19Bankcard Deposit -0328029700
04/19 2,411.09 Cash Only Customer Deposit
04/19 3,947.66 Desktop Check Deposit
04/19 50,000.00 ZBA Funding Account Transfer From 4121929244 04/19 352,178.90 Sweep Transfer From Investment
04/20 20.00 04/20Bankcard Deposit -0328029701
04/20 100.00 04/20Bankcard Deposit -0328029700
04/20 184.40 04/20Bankcard Deposit -0328029700
04/20 753.02 Square Inc 230420P2 230420 L210797932923 City of Bell 04/20 2,175.55 Active Network, Registrati 000000006015089 Rmr*IV*13699426**2175.55*2175.55*0\Ref*PO*RN 0011
04/20 22,379.65 Desktop Check Deposit
04/20 1,946,870.74 LA County Gen-Pymt 230417 Pta-11600 NTE*202304175685672 *A2300555502 *Pta-11600
04/21 20.00 04/21Bankcard Deposit -0328029700
04/21 48.00 04/21Bankcard Deposit -0328029701
04/21 74.80 Cash Only Customer Deposit
04/21 271.25 Cash Only Customer Deposit
04/21 649.66 Square Inc 230421P2 230421 L210798263393 City of Bell 04/21 1,104.03 04/21Bankcard Deposit -0328029700
04/21 2,401.73 Amer Tower 1942 EDI Paymnt Apr 21 43Rent_40008968 *000001*051556362\Iea*00001*051556362\
04/21 64,454.19 Apport St of CA Apsapports 041823 388 Bell City Treasurer 04/21 82,923.00 Lacounty Develop Payment 230421 0000000895 Rmr*IV*068761**0082923.00\ 04/24 2.25 04/24Bankcard Deposit -0328029701
04/24 209.00 04/24Bankcard Deposit -0328029701
04/24 438.02 Cash Only Customer Deposit
04/24 812.94 Cash Only Customer Deposit
04/24 7,310.30 Desktop Check Deposit
04/24 88,856.87 Desktop Check Deposit
04/24 240,154.89 CA Dept Tax&Fee Cdtfa-Ltax 041923 19005 City of Bell 04/25 2.50 04/25Bankcard Deposit -0328029701
04/25 10.00 04/25Bankcard Deposit -0328029700
04/25 273.00 04/25Bankcard Deposit -0328029701
Sheet Seq = 0018231
Sheet 00003 of 00008

XXXXXXXX

XXXXXXX

©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.

Account number: 4159281427 April 1, 2023 - April 30, 2023 Page 4 of 8 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount
Transaction detail
04/25 595.48 Square Inc 230425P2 230425 L210799006369 City of Bell 04/25 2,311.40 04/25Bankcard Deposit -0328029700
04/25 4,158.00 LA County Gen-Pymt 230421 500110 NTE*202304205691310 *A2300561734 *500110
04/25 4,612.80 Desktop Check Deposit
04/25 1,248,715.68 Sweep Transfer From Investment
04/26 132.40 04/26Bankcard Deposit -0328029700
04/26 306.95 Cash Only Customer Deposit
04/26 482.00 04/26Bankcard Deposit -0328029701
04/26 1,223.91 Square Inc 230426P2 230426 L210799189844 City of Bell 04/26 1,792.40 Cash Only Customer Deposit
04/26 1,862.72 04/26Bankcard Deposit -0328029700
04/26 18,639.80 Desktop Check Deposit
04/26 3,835.11 Sweep Transfer From Investment
04/27 2.50 04/27Bankcard Deposit -0328029701
04/27 20.00 04/27Bankcard Deposit -0328029701
04/27 374.09 Square Inc 230427P2 230427 L210799502199 City of Bell 04/27 611.60 04/27Bankcard Deposit -0328029700
04/27 1,856.20 04/27Bankcard Deposit -0328029700
04/27 2,045.41 Active Network, Registrati 000000006017457 Rmr*IV*13706507**2045.41*2045.41*0\Ref*PO*RN 0011
04/27 42,856.86 Lacmta Corp Pmt 1183097
2856.86~Dtm|003|20230416~SE|33|0003~GE|0001|16823
04/27 57,182.58 Lacmta Corp Pmt 1183096
7182.58~Dtm|003|20230416~SE|33|0001~GE|0001|16823
04/27 68,938.39 Lacmta Corp Pmt 1183095
8938.39~Dtm|003|20230416~SE|33|0135~GE|0001|16823
04/27 114,534.44 Desktop Check Deposit
04/27 93,020.31 Sweep Transfer From Investment
04/28 239.40 Cash Only Customer Deposit
04/28 421.80 04/28Bankcard Deposit -0328029700
04/28 694.59 Cash Only Customer Deposit
04/28 3,805.04 Square Inc 230428P2 230428 L210799836153 City of Bell 04/28 8,929.73 Cbp Treas 310 Misc Pay 042823 xxxxx0508
Rmr*IV*Iceeqsh2020270400046101001*Pi*8929.73\
04/28 11,290.76 Desktop Check Deposit
04/28 13,308.42 LA County Gen-Pymt 230425 500110 NTE*202304255695693 *A2300574790 *500110
04/28 34,976.43 Cbp Treas 310 Misc Pay 042823 xxxxx0508 Rmr*IV*Iceeqsh2021270400018801001*Pi*34976.43\
04/28 47,012.60 Cbp Treas 310 Misc Pay 042823 xxxxx0508 Rmr*IV*Iceeqsh2021270400018701001*Pi*47012.60\
$6,894,204.65 Total electronic deposits/bank credits
$6,894,204.65 Total credits
Sheet Seq = 0018232
Sheet 00004 of 00008

XXXXXXXX

XXXXXXX

©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.

Account number: 4159281427 April 1, 2023 - April 30, 2023 Page 5 of 8 Prior account number: 145398000
Debits
Electronic debits/bank debits
Effective
date
Posted
date Amount
Transaction detail
04/03 5,438.04 WT Seq457145 City of Bell, Workers C /Bnf=City of Bell, Workers Compensation Srf# Gb00000057556439 Trn#230403457145 Rfb# 2794
04/03 742.76 ZBA Funding Account Transfer to 4121929244 04/03 155,518.69 Sweep Transfer to Investment
04/04 6,486.66 < Business to Business ACH Debit - AFLAC Insurance 033123 Vw090059287 City of Bell
04/05 850.00 Deposited Item Retn Unpaid - Paper 230405
04/05 325.00 ZBA Funding Account Transfer to 4121929244 04/05 377.89 ZBA Funding Account Transfer to 4159281401 04/05 5,067.32 Sweep Transfer to Investment
04/06 5,246.11 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017082059 04/06 14,039.90 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017082137 04/06 14,253.56 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017082028 04/06 18,707.81 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017081987 04/06 19,705.06 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017082099 04/06 712.61 ZBA Funding Account Transfer to 4121929244 04/06 50,965.83 Sweep Transfer to Investment
04/07 201,225.03 Sweep Transfer to Investment
04/10 59.00 ZBA Funding Account Transfer to 4121929244
04/11 840.98 Client Analysis Srvc Chrg 230410 Svc Chge 0323 000004159281427 04/11 421.41 < Business to Business ACH Debit - Calpers 1800 5686383552 100000017116209 04/11 159,013.26 < Business to Business ACH Debit - Calpers 1800 5686383552 100000017116197 04/11 255.78 ZBA Funding Account Transfer to 4121929244 04/12 0.53 Bankcard Discount Fee - 0328029700
04/12 0.96 Bankcard Discount Fee - 0328029701
04/12 1.44 Bankcard Discount Fee - 0328029701
04/12 1.75 Bankcard Fee - 0328029701
04/12 2.06 Bankcard Discount Fee - 0328029701
04/12 3.04 Bankcard Discount Fee - 0328029700
04/12 4.25 Bankcard Fee - 0328029700
04/12 12.30 Bankcard Discount Fee - 0328029700
04/12 21.39 Bankcard Discount Fee - 0328029700
04/12 21.96 Bankcard Interchange Fee - 0328029701
04/12 250.40 Bankcard Interchange Fee - 0328029700
04/12 9,542.66 WT Seq456959 City of Bell, Workers C /Bnf=City of Bell, Workers Compensation Srf# Gb00000057753008 Trn#230412456959 Rfb# 2795
04/12 12,198.88 Sweep Transfer to Investment
04/13 3,276.74 ACH Prep Origintn - General Fund - File 2956000677 Coid 2956000677 04/13 6,073.58 ZBA Funding Account Transfer to 4121929244 04/13 275,658.83 ZBA Funding Account Transfer to 4159281401 04/14 1,047.22 < Business to Business ACH Debit - Expertpay Expertpay xxxxx0677 City of Bell 04/14 100,754.47 ZBA Funding Account Transfer to 4159281401 04/14 696,400.04 Sweep Transfer to Investment
04/17 10,414.42 < Business to Business ACH Debit - Wright Express Fleet Debi 230414 9100005154093 City of Bell (3)
04/17 592.51 ZBA Funding Account Transfer to 4159281401 04/18 466.93 ZBA Funding Account Transfer to 4159281401 Sheet Seq = 0018233
Sheet 00005 of 00008

XXXXXXXX

XXXXXXX

©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.

Account number: 4159281427 April 1, 2023 - April 30, 2023 Page 6 of 8 Prior account number: 145398000
Electronic debits/bank debits (continued)
Effective
date
Posted
date Amount
Transaction detail
04/19 9,178.22 WT Seq455067 City of Bell, Workers C /Bnf=City of Bell, Workers Compensation Srf# Gb00000057899344 Trn#230419455067 Rfb# 2801
04/19 25,000.00 WT Fed#00615 City National Bank /Ftr/Bnf=Glen Oaks Escrow Srf# Gw00000057890005 Trn#230419100078 Rfb# 2799
04/20 37,540.33 WT Fed#00944 US Bank, NA /Ftr/Bnf=U.S. Bank National Association Srf# Gw00000057898397 Trn#230419139494 Rfb# 2800
04/20 5,296.11 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017110867 04/20 14,082.02 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017110944 04/20 14,320.00 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017110827 04/20 18,827.98 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017110786 04/20 19,903.54 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017110904 04/20 14,814.40 ZBA Funding Account Transfer to 4121929244 04/20 1,795,197.72 Sweep Transfer to Investment
04/21 153,409.35 Sweep Transfer to Investment
04/24 9,973.83 WT Seq455559 City of Bell, Workers C /Bnf=City of Bell, Workers Compensation Srf# Gb00000057991313 Trn#230424455559 Rfb# 2803
04/24 9,607.17 ZBA Funding Account Transfer to 4121929244 04/24 633.75 ZBA Funding Account Transfer to 4159281401 04/24 247,580.03 Sweep Transfer to Investment
04/25 1,000,000.00 WT Seq453747 State Treasurers Office /Bnf=State Treasurers Office, Laif Account Srf# Gw00000057984560 Trn#230424453747 Rfb# 2802
04/25 9,920.55 ZBA Funding Account Transfer to 4121929244 04/27 3,276.74 ACH Prep Origintn - General Fund - File 2956000677 Coid 2956000677 04/27 280,318.64 ZBA Funding Account Transfer to 4159281401 04/28 1,047.22 < Business to Business ACH Debit - Expertpay Expertpay xxxxx0677 City of Bell 04/28 94,112.23 ZBA Funding Account Transfer to 4159281401 04/28 127,788.99 Sweep Transfer to Investment
$5,668,827.88 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 80411 50.00 04/19
80426 * 50.00 04/19
80488 * 550.00 04/10
80515 * 291.00 04/10
80529 * 5,000.00 04/13
80537 * 3,675.00 04/03
80542 * 9,721.15 04/12
80544 * 9,211.63 04/06
80546 * 125.00 04/17
80547 101.84 04/04
80549 * 142.50 04/06
80551 * 400.00 04/12
80562 * 50.00 04/19
80564 * 878.62 04/03
80567 * 702.04 04/06
80571 * 2,196.00 04/05
80573 * 265.35 04/03
80574 500.00 04/18
80584 * 396.05 04/10
80587 * 749.34 04/10
80589 * 50.00 04/19
80591 * 209.88 04/04
80592 414.80 04/04
80594 * 487.91 04/03
80595 314.22 04/26
80607 * 40.00 04/17
80609 * 20.00 04/11
80620 * 43,676.73 04/04
80629 * 61,508.19 04/04
80635 * 392.72 04/04
80637 * 45.00 04/13
80640 * 3,672.00 04/17
80645 * 125.00 04/11
80649 * 923.27 04/03
80651 * 93.71 04/04
80655 * 340.00 04/05
80656 417.00 04/03
80660 * 320.00 04/05
80664 * 3,698.91 04/20
80670 * 51,039.22 04/19
80671 106,121.02 04/19
80672 127,786.75 04/19
80680 * 350.00 04/10
80682 * 800.00 04/18
80686 * 2,649.76 04/17
Sheet Seq = 0018234
Sheet 00006 of 00008

XXXXXXXX

XXXXXXXX

©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.

Account number: 4159281427 April 1, 2023 - April 30, 2023 Page 7 of 8 Prior account number: 145398000
Checks paid (continued)
Number Amount Date Number Amount Date Number Amount Date 80692 * 1,973.80 04/19
80695 * 100.00 04/04
80701 * 15,496.32 04/20
80702 30,019.33 04/19
80703 11,865.00 04/26
80704 17,100.00 04/18
80705 199.73 04/19
80706 266.04 04/19
80707 5,317.60 04/18
80708 1,240.62 04/18
80709 3,285.60 04/21
80710 261.00 04/21
80711 1,025.00 04/26
80712 925.58 04/17
80713 944.21 04/20
80714 5,091.32 04/19
80715 3,675.00 04/24
80716 1,946.23 04/18
80717 2,759.17 04/19
80719 * 1,438.76 04/17
80720 287.92 04/17
80721 9,721.15 04/17
80722 1,339.16 04/24
80723 2,858.50 04/19
80725 * 101.84 04/20
80726 5,397.50 04/18
80728 * 146.92 04/19
80729 1,609.76 04/18
80730 4,031.97 04/17
80731 5,000.00 04/20
80732 5,579.69 04/17
80733 446.53 04/17
80734 258.00 04/24
80735 1,800.00 04/18
80737 * 1,773.15 04/18
80738 2,155.00 04/17
80739 403.72 04/18
80740 9,480.47 04/18
80741 107.00 04/26
80742 80.88 04/21
80743 205.73 04/25
80744 293.00 04/18
80745 876.00 04/19
80746 2,242.13 04/19
80748 * 436.98 04/17
80750 * 182.50 04/27
80751 780.00 04/20
80752 25.00 04/28
80753 39.38 04/17
80754 487.91 04/20
80755 1,190.87 04/17
80756 69.45 04/19
80757 402.80 04/19
80759 * 6,637.00 04/17
80760 1,859.00 04/17
80761 3,489.00 04/18
80762 795.07 04/04
80763 97.31 04/05
80764 1,978.65 04/05
80766 * 889.31 04/06
80767 900.00 04/07
80769 * 816.59 04/05
80770 6,578.07 04/04
80771 321.86 04/04
80772 1,109.82 04/06
80773 60.00 04/07
80774 132.01 04/17
80775 256.20 04/06
80776 138.94 04/07
80777 100.00 04/10
80778 957.77 04/11
80779 2,396.61 04/13
80780 300.00 04/10
80782 * 380.82 04/17
80783 659.55 04/13
80784 14.82 04/17
80785 25.00 04/07
80786 3,569.84 04/13
80788 * 938.68 04/13
80789 53.71 04/12
80790 315.71 04/11
80791 109.28 04/17
80792 718.92 04/11
80793 1,145.78 04/07
80794 24,238.43 04/19
80795 297,046.32 04/25
80796 16,520.00 04/13
80797 16,378.84 04/21
80798 120,685.85 04/17
80799 18,760.88 04/19
80800 918.32 04/12
80801 1,900.00 04/17
80802 2,508.00 04/18
80803 201.07 04/26
80805 * 3,458.51 04/25
80806 3,675.00 04/24
80807 860.00 04/19
80808 325.00 04/24
80809 268.48 04/19
80810 55.12 04/17
80811 1,406.25 04/18
80812 1,257.96 04/18
80813 5,250.00 04/19
80814 455.43 04/17
80815 2,500.00 04/25
80816 43.25 04/21
80818 * 5,764.50 04/18
80819 3,861.06 04/20
80820 266.74 04/21
80822 * 336.33 04/17
80823 110.39 04/18
80824 10.45 04/24
80825 37.63 04/19
80826 948.87 04/24
80827 192.01 04/20
80828 160.00 04/20
80830 * 2,977.06 04/17
80831 1,172.44 04/18
80832 1,972.23 04/17
80833 10,314.66 04/17
80834 18,062.95 04/17
80835 75.00 04/24
80836 1,616.01 04/24
80839 * 1,726.33 04/28
80840 75.00 04/27
80841 318.58 04/25
80843 * 1,431.17 04/25
80917 * 1,683.50 04/27
80919 * 160.00 04/28
$1,215,023.77 Total checks paid
* Gap in check sequence.
$6,883,851.65 Total debits
Sheet Seq = 0018235
Sheet 00007 of 00008

XXXXXXXXX

XXXXXXX

©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.

Account number: 4159281427 April 1, 2023 - April 30, 2023 Page 8 of 8 Prior account number: 145398000
Daily ledger balance summary
Date Balance Date Balance Date Balance
03/31 50,000.00
04/03 50,000.00
04/04 56,870.00
04/05 184,285.00
04/06 50,072.00
04/07 50,000.00
04/10 53,825.00
04/11 55,623.00
04/12 53,428.00
04/13 50,000.00
04/14 50,000.00
04/17 50,290.00
04/18 51,072.00
04/19 50,000.00
04/20 71,779.00
04/21 50,000.00
04/24 108,067.00
04/25 53,865.00
04/26 68,628.00
04/27 164,534.00
04/28 60,353.00
Average daily ledger balance $63,446.56
Sheet Seq = 0018236
Sheet 00008 of 00008

XXXXXXXX

XXXXXXX

Commercial Checking Acct Public Funds
Account number: 4121929244 April 1, 2023 - April 30, 2023 Page 1 of 2 ©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
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 $343,603.39 -$343,603.39 $0.00
Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount
Transaction detail
04/03 389.00 121108250 Ccddeposit 230403 xxxxx0548 Bell Community Housing 04/03 742.76 ZBA Balance Account Transfer From 4159281427 04/04 0.77 Bell Properties Owner Paym 230402 Bell Properties City of Bell 04/04 640.54 Desktop Check Deposit
04/05 325.00 ZBA Balance Account Transfer From 4159281427 04/06 712.61 ZBA Balance Account Transfer From 4159281427 04/07 835.00 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 985.00 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 1,620.00 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 1,670.00 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 1,870.00 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 1,927.00 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 2,175.00 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 3,805.00 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 3,810.00 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 5,020.00 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 9,535.00 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 79,687.31 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/07 87,078.45 Bell Properties Owner Paym 230405 Bell Properties City of Bell 04/10 59.00 ZBA Balance Account Transfer From 4159281427 04/11 255.78 ZBA Balance Account Transfer From 4159281427 04/13 6,073.58 ZBA Balance Account Transfer From 4159281427 04/18 50,000.00 Bell Properties Owner Paym 230417 Bell Properties City of Bell 04/19 50,000.00 Bell Properties Owner Paym 230417 Bell Properties City of Bell 04/20 14,814.40 ZBA Balance Account Transfer From 4159281427 Sheet Seq = 0015404
Sheet 00001 of 00002

XXXXXXXX

XXXXXXX

©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.

Account number: 4121929244 April 1, 2023 - April 30, 2023 Page 2 of 2 Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount
Transaction detail
04/24 44.47 Desktop Check Deposit
04/24 9,607.17 ZBA Balance Account Transfer From 4159281427 04/25 9,920.55 ZBA Balance Account Transfer From 4159281427 $343,603.39 Total electronic deposits/bank credits
$343,603.39 Total credits
Debits
Electronic debits/bank debits
Effective
date
Posted
date Amount
Transaction detail
04/04 641.31 ZBA Balance Account Transfer to 4159281427 04/07 200,017.76 ZBA Balance Account Transfer to 4159281427 04/18 42,012.09 ZBA Balance Account Transfer to 4159281427 04/19 50,000.00 ZBA Balance Account Transfer to 4159281427 $292,671.16 Total electronic debits/bank debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 8186 40.00 04/10
8188 * 1,114.50 04/03
8189 237.50 04/11
8205 * 19.00 04/10
8214 * 863.00 04/24
8215 65.00 04/18
8216 1,944.72 04/18
8217 1,248.75 04/20
8218 325.00 04/05
8219 712.61 04/06
8220 17.26 04/03
8221 5,831.74 04/13
8222 241.84 04/13
8223 18.28 04/11
8224 270.00 04/18
8225 4,382.83 04/18
8226 1,144.42 04/18
8227 150.00 04/18
8228 13,544.87 04/20
8229 20.78 04/20
8230 8,788.64 04/24
8231 30.94 04/18
8237 * 9,911.41 04/25
8238 9.14 04/25
$50,932.23 Total checks paid
* Gap in check sequence.
$343,603.39 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
03/31 0.00
04/03 0.00
04/04 0.00
04/05 0.00
04/06 0.00
04/07 0.00
04/10 0.00
04/11 0.00
04/13 0.00
04/18 0.00
04/19 0.00
04/20 0.00
04/24 0.00
04/25 0.00
Average daily ledger balance $0.00
Sheet Seq = 0015405
Sheet 00002 of 00002

XXXXXXXX

Choice IV-Public Funds {NIB}
Account number: 4159281401 April 1, 2023 - April 30, 2023 Page 1 of 2 Prior account number: 145098007
©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

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 $752,915.25 -$752,915.25 $0.00
Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount
Transaction detail
04/05 377.89 ZBA Balance Account Transfer From 4159281427 04/13 275,658.83 ZBA Balance Account Transfer From 4159281427 04/14 100,754.47 ZBA Balance Account Transfer From 4159281427 04/17 592.51 ZBA Balance Account Transfer From 4159281427 04/18 466.93 ZBA Balance Account Transfer From 4159281427 04/24 633.75 ZBA Balance Account Transfer From 4159281427 04/27 280,318.64 ZBA Balance Account Transfer From 4159281427 04/28 94,112.23 ZBA Balance Account Transfer From 4159281427 $752,915.25 Total electronic deposits/bank credits
$752,915.25 Total credits
Debits
Electronic debits/bank debits
Effective
date
Posted
date Amount
Transaction detail
04/13 275,658.83 ACH Prep Origintn - City of Bell Pay - File 1956000677 Coid 1956000677 04/14 7,963.51 < Business to Business ACH Debit - Voya NAT Trst182 Spnsr P/R 230413 664486 0001 City of Bell
04/14 14,255.28 < Business to Business ACH Debit - Employment Devel EDD Eftpmt 80097165 Txp*80097165*01102*230414*T*000*T*1425528*T*14255
04/14 78,052.79 < Business to Business ACH Debit - IRS Usataxpymt 041423 270350402746062 City of Bell
04/27 593.49 WT Fed#09048 Jpmorgan Chase Ban /Ftr/Bnf=NEW York Life Insurance Srf# Gw00000058085304 Trn#230427184180 Rfb# 2804
Sheet Seq = 0018227
Sheet 00001 of 00002

XXXXXXXXX

XXXXXXX

XXXXXXXX

©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.

Account number: 4159281401 April 1, 2023 - April 30, 2023 Page 2 of 2 Prior account number: 145098007
Electronic debits/bank debits (continued)
Effective
date
Posted
date Amount
Transaction detail
04/27 279,725.15 ACH Prep Origintn - City of Bell Pay - File 1956000677 Coid 1956000677 04/28 15,020.57 < Business to Business ACH Debit - Employment Devel EDD Eftpmt 80097165 Txp*80097165*01102*230428*T*000*T*1502057*T*15020
04/28 79,091.66 < Business to Business ACH Debit - IRS Usataxpymt 042823 270351814231287 City of Bell
$750,361.28 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 40852 377.89 04/05
40854 * 633.75 04/24
40855 482.89 04/14
40856 466.93 04/18
40857 592.51 04/17
$2,553.97 Total checks paid
* Gap in check sequence.
$752,915.25 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
03/31 0.00
04/05 0.00
04/13 0.00
04/14 0.00
04/17 0.00
04/18 0.00
04/24 0.00
04/27 0.00
04/28 0.00
Average daily ledger balance $0.00
Sheet Seq = 0018228
Sheet 00002 of 00002

XXXXXXXX

XXXXXXX

Choice IV-Public Funds {NIB}
Account number: 4159804517 April 1, 2023 - April 30, 2023 Page 1 of 2 Prior account number: 145701262
©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

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 $69,140.70 $34,132.75 -$39,224.88 $64,048.57 Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount
Transaction detail
04/03 5,438.04 WT Seq457145 City of Bell, General F /Org=City of Bell Srf# Gb00000057556439 Trn#230403457145 Rfb# 2794
04/12 9,542.66 WT Seq456959 City of Bell, General F /Org=City of Bell Srf# Gb00000057753008 Trn#230412456959 Rfb# 2795
04/19 9,178.22 WT Seq455067 City of Bell, General F /Org=City of Bell Srf# Gb00000057899344 Trn#230419455067 Rfb# 2801
04/24 9,973.83 WT Seq455559 City of Bell, General F /Org=City of Bell Srf# Gb00000057991313 Trn#230424455559 Rfb# 2803
$34,132.75 Total electronic deposits/bank credits
$34,132.75 Total credits
Debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 16653 267.80 04/25
16718 * 1,650.00 04/03
16720 * 580.00 04/07
16730 * 1,056.00 04/03
16739 * 262.80 04/04
16747 * 77.54 04/06
16751 * 422.60 04/03
16753 * 193.54 04/03
16755 * 619.50 04/03
16757 * 1,124.00 04/05
16758 267.80 04/04
16759 580.00 04/07
16760 179.19 04/04
16762 * 183.20 04/10
16763 206.59 04/06
16764 29.97 04/03
16765 119.14 04/07
16766 143.82 04/05
16767 143.82 04/05
16768 14.99 04/06
16769 16.80 04/06
16770 365.50 04/04
16771 261.00 04/10
16772 16.50 04/10
16773 3,841.04 04/10
16774 1,799.40 04/10
16775 60.17 04/06
Sheet Seq = 0009300
Sheet 00001 of 00002

XXXXXXXX

XXXXXXXX

©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.

Account number: 4159804517 April 1, 2023 - April 30, 2023 Page 2 of 2 Prior account number: 145701262
Checks paid (continued)
Number Amount Date Number Amount Date Number Amount Date 16776 580.00 04/10
16777 170.72 04/10
16778 265.68 04/11
16779 265.68 04/11
16780 143.42 04/17
16781 697.03 04/07
16782 210.81 04/21
16783 39.63 04/10
16784 120.00 04/12
16785 120.00 04/12
16787 * 115.50 04/14
16788 193.54 04/17
16789 422.60 04/18
16790 14.99 04/14
16791 3,500.00 04/14
16792 138.96 04/14
16793 333.17 04/11
16794 136.38 04/18
16795 136.38 04/18
16796 521.35 04/18
16797 565.17 04/18
16798 173.91 04/18
16799 208.07 04/12
16800 197.59 04/20
16801 85.56 04/13
16802 267.80 04/18
16803 580.00 04/17
16804 265.68 04/18
16805 527.57 04/18
16806 265.68 04/18
16807 39.30 04/17
16808 265.68 04/21
16809 112.04 04/26
16810 111.30 04/17
16811 940.00 04/24
16812 3,718.00 04/21
16813 1,116.50 04/24
16814 117.90 04/18
16815 163.50 04/27
16816 150.61 04/21
16817 613.59 04/21
16818 243.16 04/19
16819 257.19 04/25
16820 206.59 04/21
16821 147.42 04/28
16822 143.42 04/28
16823 295.50 04/21
16824 136.38 04/21
16825 172.28 04/25
16826 172.28 04/25
16827 256.79 04/20
16828 307.32 04/20
16829 96.03 04/20
16830 580.00 04/27
16831 14.52 04/27
16832 124.85 04/21
16833 164.55 04/28
16835 * 145.00 04/28
16836 973.75 04/25
16837 750.00 04/26
16841 * 169.81 04/28
16844 * 328.49 04/28
16845 128.34 04/28
16846 210.07 04/26
16850 * 107.14 04/27
$39,224.88 Total checks paid
* Gap in check sequence.
$39,224.88 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
03/31 69,140.70
04/03 70,607.13
04/04 69,531.84
04/05 68,120.20
04/06 67,744.11
04/07 65,767.94
04/10 58,876.45
04/11 58,011.92
04/12 67,106.51
04/13 67,020.95
04/14 63,251.50
04/17 62,183.94
04/18 58,783.52
04/19 67,718.58
04/20 66,860.85
04/21 61,138.84
04/24 69,056.17
04/25 67,212.87
04/26 66,140.76
04/27 65,275.60
04/28 64,048.57
Average daily ledger balance $65,038.44
Sheet Seq = 0009301
Sheet 00002 of 00002

XXXXXXXX

XXXXXXX

5/1/23, 3:15 PM LAIF Regular Monthly Statement
https://laifms.treasurer.ca.gov/RegularStatement.aspx 1/1 Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
May 01, 2023
LAIF Home
PMIA Average Monthly
Yields

CITY OF BELL

CITY TREASURER
6330 PINE A VENUE
BELL, CA 90201
Account Number: 98-19-059
April 2023 Statement
Tran Type Definitions
Effective
Date
Transaction
Date
Tran
Type Confirm
Number
Web
Confirm
Number Authorized Caller Amount
4/14/2023 4/13/2023 QRD 1727834 N/A SYSTEM 154,283.55
4/14/2023 4/13/2023 RW 1728262 1686322 ELISA GRATIL -300,000.00 4/25/2023 4/24/2023 RD 1728702 1689063 ELISA GRATIL 1,000,000.00 Account Summary
Total Deposit: 1,154,283.55 Beginning Balance: 23,897,501.60 Total Withdrawal: -300,000.00 Ending Balance: 24,751,785.15

XXXXXXX

April 2.870
March 2.831
February 2.624
PMIA Quarter to Date(1): 2.63
275PMIA Average Life(1):

2.74LAIF Apportionment Rate(2):

0.00007493902135155

0.986510329
LAIF Earnings Ratio(2):

LAIF Fair Value Factor(1):

PMIA Daily(1): 2.87
Treasuries

64.15%
Agencies

21.72%
Certificates of
Deposit/Bank Notes

6.48%
Time
Deposits

2.74%
Commercial
Paper

4.47%
Corporate
Bonds

0.24%
Loans

0.20%
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 05/10/23
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 03/31/23
Chart does not include $3,085,000.00 in mortgages, which equates to 0.002%. Percentages may not total 100% due to rounding.

Pooled Money Investment Account
Monthly Portfolio Composition (1)
03/31/23
$191.2 billion

5/1/23, 3:14 PM LAIF Regular Monthly Statement
https://laifms.treasurer.ca.gov/RegularStatement.aspx 1/1 Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
May 01, 2023
LAIF Home
PMIA Average Monthly
Yields

S/A CITY OF BELL FOR CITY OF BELL

COMMUNITY REDEVELOPMENT AGENCY

FINANCE DIRECTOR
6330 PINE A VENUE
BELL, CA 90201
Account Number: 65-19-011
April 2023 Statement
Tran Type Definitions
Effective
Date
Transaction
Date
Tran
Type Confirm
Number
Web
Confirm
Number Authorized Caller Amount
4/14/2023 4/13/2023 QRD 1726914 N/A SYSTEM 6,806.64
Account Summary
Total Deposit: 6,806.64 Beginning Balance: 831,836.10
Total Withdrawal: 0.00 Ending Balance: 838,642.74
XXXXXX

Choice IV-Public Funds {NIB}
Account number: 4159281450 April 1, 2023 - April 30, 2023 Page 1 of 1 Prior account number: 145998008
©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

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 $246,150.23 $0.00 -$11,704.66 $234,445.57
Debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 6058 3,041.80 04/18
6059 7,240.50 04/20
6060 1.50 04/11
6061 1,372.50 04/20
6062 44.33 04/20
6063 3.28 04/18
6065 * 0.75 04/25
$11,704.66 Total checks paid
* Gap in check sequence.
$11,704.66 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
03/31 246,150.23
04/11 246,148.73
04/18 243,103.65
04/20 234,446.32
04/25 234,445.57
Average daily ledger balance $241,655.19
Sheet Seq = 0018237
Sheet 00001 of 00001

XXXXXXXX

XXXXXXX

XXXXXXXX

MONTHLY ACCOUNT STATEMENT
City of Bell - Account #10531
APRIL 1, 2023 THROUGH APRIL 30, 2023
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
Alexander Bazan
(503) 402-5305
XXXXX

ACCOUNT SUMMARY
Beg. Values
as of 3/31/23
End Values
as of 4/30/23
Market Value 10,572,263 10,502,175
Accrued Interest 34,985 47,702
Total Market Value 10,607,248 10,549,876
Income Earned 16,444 17,018
Cont/WD -1,088
Par 10,894,509 10,798,665
Book Value 10,883,544 10,784,978
Cost Value 10,970,036 10,866,928

TOP ISSUERS
Government of United States 37.7%
Federal Home Loan Bank 9.3%
Federal National Mortgage Assoc 7.2%
Federal Home Loan Mortgage Corp 7.0%
Intl Bank Recon and Development 2.4%
Amazon.com Inc 2.1%
Bank of New York 1.7%
Honda ABS 1.7%
Total 69.1%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 1.74
Average Coupon 2.09%
Average Purchase YTM 1.95%
Average Market YTM 4.55%
Average S&P/Moody Rating AA+/Aa1
Average Final Maturity 2.03 yrs
Average Life 1.87 yrs

CREDIT QUALITY (S&P)

MATURITY DISTRIBUTION

SECTOR ALLOCATION
Portfolio Summary
As of April 30, 2023
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 0.43% 1.16% 1.90% 1.62% -0.75% -0.21% 1.44% N/A 1.22% ICE BofA 1-3 Yr US Treasury & Agency Index 0.26% 1.12% 1.81% 0.93% -1.23% -0.74% 1.19% N/A 0.97% Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 1 xxxxx

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 April 30, 2023
Assets managed by Chandler Asset Management are in full compliance with state law and the Client's investment policy.

Statement of Compliance

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

BOOK VALUE RECONCILIATION
BEGINNING BOOK VALUE $10,883,544.17
Acquisition
+ Security Purchases $328,822.15
+ Money Market Fund Purchases $161,135.63
+ Money Market Contributions $0.00
+ Security Contributions $0.00
+ Security Transfers $0.00
Total Acquisitions $489,957.78
Dispositions
- Security Sales $199,644.00
- Money Market Fund Sales $129,309.81
- MMF Withdrawals $1,088.10
- Security Withdrawals $0.00
- Security Transfers $0.00
- Other Dispositions $0.00
- Maturities $0.00
- Calls $0.00
- Principal Paydowns $155,157.30
Total Dispositions $485,199.21
Amortization/Accretion
+/- Net Accretion ($1,545.39)
($1,545.39)
Gain/Loss on Dispositions
+/- Realized Gain/Loss ($354.85)
($354.85)
ENDING BOOK VALUE $10,886,402.50

CASH TRANSACTION SUMMARY
BEGINNING BALANCE $132,472.64
Acquisition
Contributions $0.00
Security Sale Proceeds $199,644.00
Accrued Interest Received $343.75
Interest Received $5,446.00
Dividend Received $532.33
Principal on Maturities $0.00
Interest on Maturities $0.00
Calls/Redemption (Principal) $0.00
Interest from Calls/Redemption $0.00
Principal Paydown $155,157.30
Total Acquisitions $361,123.38
Dispositions
Withdrawals $1,088.10
Security Purchase $328,822.15
Accrued Interest Paid $475.41
Total Dispositions $330,385.66
ENDING BOOK VALUE $163,210.36
Reconciliation Summary
As of April 30, 2023
City of Bell
Account #10531
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 3 XXXXX

Holdings Report
As of April 30, 2023
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
89232HAC9 Toyota Auto Receivable Own 2020-A A3

1.66% Due 5/15/2024
5,622.90 07/06/2020

0.70%
5,746.78
5,656.36

99.86 5.21%
5,615.27

4.15 0.05%
(41.09)
Aaa / AAA
NR

1.04 0.04
47789KAC7 John Deere Owner Trust 2020-A A3

1.1% Due 8/15/2024
4,089.21 03/04/2020

1.11%
4,088.96
4,089.14

99.74 4.34%
4,078.63

2.00 0.04%
(10.51)
Aaa / NR
AAA

1.30 0.08
43813KAC6 Honda Auto Receivables Trust 2020-3
A3

0.37% Due 10/18/2024
17,143.93 09/22/2020

0.38%
17,141.41
17,143.49

98.20 5.95%
16,834.52

2.29 0.16%
(308.97)

NR / AAA
AAA

1.47 0.32
47787NAC3 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
4,528.27 07/14/2020

0.52%
4,527.58
4,528.13

99.13 4.64%
4,488.67

1.03 0.04%
(39.46)
Aaa / NR
AAA

1.55 0.21
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-
B A3

0.4% Due 11/15/2024
41,857.79 06/22/2021

0.40%
41,854.63
41,856.91

98.03 5.62%
41,033.57

7.44 0.39%
(823.34)

NR / AAA
AAA

1.55 0.37
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
21,794.76 09/08/2021

0.34%
21,792.50
21,794.11

98.22 5.84%
21,406.62

1.20 0.20%
(387.49)
Aaa / NR
AAA

1.66 0.32
89236XAC0 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
12,864.54 10/06/2020

0.36%
12,862.14
12,863.58

98.59 5.61%
12,683.51

2.00 0.12%
(180.07)

NR / AAA
AAA

1.72 0.27
92290BAA9 Verizon Owner Trust 2020-B A

0.47% Due 2/20/2025
20,501.55 08/04/2020

0.48%
20,497.25
20,499.83

98.97 5.49%
20,290.26

2.94 0.19%
(209.57)
Aaa / NR
AAA

1.81 0.20
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
34,996.90 01/11/2022

1.11%
34,991.67
34,994.74

97.83 5.77%
34,236.77

6.42 0.32%
(757.97)

NR / AAA
AAA

1.90 0.46
43813GAC5 Honda Auto Receivables Trust 2021-1
A3

0.27% Due 4/21/2025
12,441.63 02/17/2021

0.27%
12,441.39
12,441.56

97.35 6.03%
12,112.40

0.93 0.11%
(329.16)
Aaa / NR
AAA

1.98 0.46
44891RAC4 Hyundai Auto Receivables Trust 2020-C
A3

0.38% Due 5/15/2025
24,342.70 10/20/2020

0.39%
24,337.09
24,341.35

97.72 6.10%
23,786.54

4.11 0.23%
(554.81)

NR / AAA
AAA

2.04 0.40
89240BAC2 Toyota Auto Receivables Owners 2021-
A A3

0.26% Due 5/15/2025
36,923.24 02/02/2021

0.27%
36,916.38
36,921.31

97.56 5.54%
36,021.83

4.27 0.34%
(899.48)
Aaa / NR
AAA

2.04 0.46
36266FAC3 GM Financial Auto Lease Trust 2022-2
A3

3.42% Due 6/20/2025
55,000.00 05/03/2022

3.45%
54,994.26
54,996.80

98.18 5.46%
53,997.68

57.48 0.51%
(999.12)

NR / AAA
AAA

2.14 0.91
47788UAC6 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
26,489.29 03/02/2021

0.37%
26,484.19
26,487.22

96.80 5.79%
25,642.32

4.24 0.24%
(844.90)
Aaa / NR
AAA

2.38 0.59
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 4 XXXXXX

Holdings Report
As of April 30, 2023
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
05593AAC3 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
15,000.00 02/07/2023

5.22%
14,999.64
14,999.68
100.15

5.11%
15,022.64

12.90 0.14%

22.96 Aaa / AAA
NR

2.58 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
34,995.88

95.51 5.58%
33,428.96

8.56 0.32%
(1,566.92)
Aaa / NR
AAA

2.73 0.96
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
44,997.94

95.90 5.62%
43,153.92

10.40 0.41%
(1,844.02)
Aaa / NR
AAA

2.88 0.80
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
24,996.98

95.62 5.57%
23,904.40

8.22 0.23%
(1,092.58)

NR / AAA
AAA

3.04 0.91
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
54,994.77

95.97 5.05%
52,783.01

45.96 0.50%
(2,211.76)
Aaa / AAA
NR

3.04 1.29
43815PAC3 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
35,000.00 08/15/2022

3.76%
34,997.91
34,998.38

98.23 4.84%
34,381.27

47.14 0.33%
(617.11)

NR / AAA
AAA

3.22 1.64
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
24,999.65

95.14 5.77%
23,784.13

7.08 0.23%
(1,215.52)
Aaa / AAA
NR

3.38 0.96
47787JAC2 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
45,000.00 03/10/2022

2.34%
44,990.05
44,993.25

96.33 5.41%
43,350.53

46.40 0.41%
(1,642.72)
Aaa / NR
AAA

3.38 1.20
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
24,998.67

95.34 5.55%
23,835.13

13.13 0.23%
(1,163.54)

NR / AAA
AAA

3.55 1.10
47800AAC4 John Deere Owner Trust 2022-B A3

3.74% Due 2/16/2027
45,000.00 07/12/2022

3.77%
44,995.70
44,996.64

98.03 4.96%
44,111.70

74.80 0.42%
(884.94)
Aaa / NR
AAA

3.80 1.66
448979AD6 Hyundai Auto Receivables Trust 2023-A
A3

4.58% Due 4/15/2027
50,000.00 04/04/2023

4.63%
49,995.12
49,995.21

99.69 4.79%
49,843.40
120.86

0.47%
(151.81)

NR / AAA
AAA

3.96 1.85
36265WAD5 GM Financial Securitized Auto 2022-3
A3

3.64% Due 4/16/2027
30,000.00 07/06/2022

3.67%
29,999.79
29,999.84

98.12 4.80%
29,435.67

45.50 0.28%
(564.17)
Aaa / NR
AAA

3.96 1.68
43815JAC7 Honda Auto Receivables Owner 2023-1
A3

5.04% Due 4/21/2027
25,000.00 02/16/2023

5.10%
24,995.35
24,995.62
100.74

4.72%
25,185.45

35.00 0.24%
189.83
Aaa / NR
AAA

3.98 1.97
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 5 XXXXXX

Holdings Report
As of April 30, 2023
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
58770AAC7 Mercedes-Benz Auto Receivable 2023-1
A3

4.51% Due 11/15/2027
35,000.00 01/18/2023

4.56%
34,995.80
34,996.12

99.89 4.63%
34,963.01

70.16 0.33%
(33.11)

NR / AAA
AAA

4.55 1.37
362583AD8 GM Auto Receivable Trust 2023-2 A3

4.47% Due 2/16/2028
40,000.00 04/04/2023

4.51%
39,998.90
39,998.92

99.61 4.69%
39,843.80

94.37 0.38%
(155.12)
Aaa / AAA
NR

4.80 2.21
Total ABS 848,596.71 2.17%
848,616.44
848,572.08 5.31%
829,255.61
740.98

7.87%
(19,316.47)
Aaa / AAA
AAA

2.93 1.07
AGENCY
3135G04Q3 FNMA Note

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

0.35%
159,518.40
159,990.76

99.70 5.23%
159,513.92
176.67

1.51%
(476.84)
Aaa / AA+
AAA

0.06 0.06
3135G05G4 FNMA Note

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

0.32%
164,645.25
164,977.32

99.10 4.94%
163,508.90
127.19

1.55%
(1,468.42)
Aaa / AA+
AAA

0.19 0.19
3135G0U43 FNMA Note

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

1.63%
235,737.00
225,994.30

99.23 4.99%
223,274.48
880.47

2.12%
(2,719.82)
Aaa / AA+
AAA

0.37 0.36
3137EAEY1 FHLMC Note

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

0.25%
149,440.50
149,914.16

97.76 5.10%
146,635.20

7.81 1.39%
(3,278.96)
Aaa / AA+
AAA

0.46 0.45
3137EAEZ8 FHLMC Note

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

0.28%
219,802.00
219,965.86

97.53 5.16%
214,557.20
267.36

2.04%
(5,408.66)
Aaa / AA+
AAA

0.52 0.50
3130A0F70 FHLB Note

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

1.52%
242,329.50
227,437.82

99.12 4.86%
223,024.50
3,016.41

2.14%
(4,413.32)
Aaa / AA+
AAA

0.61 0.58
3130AB3H7 FHLB Note

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

1.95%
229,304.25
225,778.06

97.85 4.97%
220,162.05
786.72

2.09%
(5,616.01)
Aaa / AA+
NR

0.86 0.83
3130A1XJ2 FHLB Note

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

0.99%
269,372.50
255,150.92

98.04 4.69%
245,089.75
2,735.24

2.35%
(10,061.17)
Aaa / AA+
NR

1.13 1.08
3133ENKS8 FFCB Note

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

1.20%
79,820.00
79,898.37

94.87 4.32%
75,897.20
287.50

0.72%
(4,001.17)
Aaa / AA+
AAA

1.69 1.63
3135G06G3 FNMA Note

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

0.52%
224,768.25
224,882.34

91.86 3.93%
206,673.75
543.75

1.96%
(18,208.59)
Aaa / AA+
AAA

2.53 2.45
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 6 XXXXX

Holdings Report
As of April 30, 2023
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
AGENCY
3130ATS57 FHLB Note

4.5% Due 3/10/2028
275,000.00 03/21/2023

3.99%
281,206.75
281,069.96
103.77

3.65%
285,366.68
1,753.13

2.72%
4,296.72
Aaa / AA+
AAA

4.87 4.33
Total Agency 2,200,000.00 1.33%
2,255,944.40
2,215,059.87 4.68%
2,163,703.63
10,582.25

20.61%
(51,356.24)
Aaa / AA+
AAA

1.36 1.27
CMO
3137B4GY6 FHLMC K032 A2

3.31% Due 5/25/2023
67,113.40 07/23/2019

2.21%
69,769.10
67,158.96

99.68 4.75%
66,899.64

37.02 0.63%
(259.32)

NR / NR
AAA

0.07 0.07
3137B5JM6 FHLMC K034 A2

3.531% Due 7/25/2023
144,744.34 08/28/2018

3.03%
147,814.50
144,890.21

99.36 5.76%
143,814.07
425.91

1.37%
(1,076.14)

NR / NR
AAA

0.24 0.18
3137BNGT5 FHLMC K054 A2

2.745% Due 1/25/2026
175,000.00 02/15/2023

4.92%
166,174.81
166,757.53

96.00 4.34%
168,001.23
400.31

1.60%
1,243.70

NR / AAA
NR

2.74 2.46
Total CMO 386,857.74 3.72%
383,758.41
378,806.70 4.95%
378,714.94
863.24

3.60%
(91.76)

NR / AAA
AAA

1.32 1.17

CORPORATE
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
124,759.27

99.04 5.47%
123,806.00
572.92

1.18%
(953.27)
A1 / A
AA-

0.30 0.29
24422EVN6 John Deere Capital Corp Note

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

0.47%
94,932.55
94,983.22

96.77 5.11%
91,934.16
123.50

0.87%
(3,049.06)
A2 / A
A+

0.72 0.69
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
126,333.71

98.47 4.92%
123,093.50
848.52

1.17%
(3,240.21)
Aaa / AAA
NR

0.77 0.74
89114QCB2 Toronto Dominion Bank Note

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

2.49%
134,290.00
130,795.85

98.19 5.41%
127,652.59
586.81

1.22%
(3,143.26)
A1 / A
AA-

0.87 0.83
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
160,215.42

95.67 5.85%
153,070.88
143.33

1.45%
(7,144.54)
A2 / A-
A

0.88 0.86
023135BW5 Amazon.com Inc Note

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

0.50%
84,875.90
84,957.31

95.64 4.82%
81,297.15
179.56

0.77%
(3,660.16)
A1 / AA
AA-

1.04 1.01
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 7 XXXXXX

Holdings Report
As of April 30, 2023
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

CORPORATE
14913R2L0 Caterpillar Financial Service Note

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

0.50%
134,819.10
134,936.95

95.47 4.94%
128,882.48
276.75

1.22%
(6,054.47)
A2 / A
A

1.05 1.02
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
19,995.91

95.37 4.61%
19,073.82

36.81 0.18%
(922.09)
A2 / A+
NR

1.21 1.18
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
153,009.61

96.55 5.28%
144,830.25
910.00

1.38%
(8,179.36)
A3 / A+
A+

1.25 1.20
69371RR40 Paccar Financial Corp Note

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

0.52%
49,973.00
49,988.52

94.68 4.85%
47,340.30

56.94 0.45%
(2,648.22)
A1 / A+
NR

1.28 1.24
78015K7C2 Royal Bank of Canada Note

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

0.69%
143,487.45
138,114.14

95.94 5.09%
129,514.68
1,518.75

1.24%
(8,599.46)
A1 / A
AA-

1.51 1.43
69371RR57 Paccar Financial Corp Note

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

0.90%
89,994.60
89,997.26

94.36 4.79%
84,922.56
389.25

0.81%
(5,074.70)
A1 / A+
NR

1.53 1.47
89236TKN4 Toyota Motor Credit Corp Note

4.8% Due 1/10/2025
130,000.00 01/10/2023

4.84%
129,910.30
129,923.71
100.34

4.58%
130,445.51
1,889.33

1.25%
521.80
A1 / A+
A+

1.70 1.59
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
142,655.16

98.02 5.67%
137,225.90
751.33

1.31%
(5,429.26)
A1 / A-
AA-

1.84 0.81
06406RBC0 Bank of NY Mellon Corp Callable Note
Cont 3/25/2025

3.35% Due 4/25/2025
60,000.00 04/19/2022

3.35%
59,991.60
59,994.44

96.97 4.97%
58,183.20

33.50 0.55%
(1,811.24)
A1 / A
AA-

1.99 1.89
63743HFE7 National Rural Utilities Note

3.45% Due 6/15/2025
35,000.00 04/27/2022

3.46%
34,990.55
34,993.56

97.55 4.67%
34,140.89
456.17

0.33%
(852.67)
A2 / A-
A

2.13 1.99
931142EW9 Wal-Mart Stores Note

3.9% Due 9/9/2025
30,000.00 09/06/2022

3.92%
29,979.00
29,983.48

99.41 4.16%
29,822.07
169.00

0.28%
(161.41)
Aa2 / AA
AA

2.36 2.22
437076CR1 Home Depot Callable Note Cont
8/15/2025
4% Due 9/15/2025
40,000.00 09/12/2022

4.01%
39,985.60
39,988.55

99.72 4.12%
39,888.60
204.44

0.38%
(99.95)
A2 / A
A

2.38 2.23
91324PEN8 United Health Group Inc Note

5.15% Due 10/15/2025
35,000.00 10/25/2022

5.15%
34,996.85
34,997.39
101.93

4.31%
35,675.89

80.11 0.34%
678.50
A3 / A+
A

2.46 2.29
023135CN4 Amazon.com Inc Note

4.6% Due 12/1/2025
135,000.00 11/29/2022

4.60%
134,991.90
134,993.02
101.04

4.17%
136,399.68
2,587.50

1.32%
1,406.66
A1 / AA
AA-

2.59 2.37
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 8 XXXXXX

Holdings Report
As of April 30, 2023
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

CORPORATE
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

94.15 5.26%
32,951.73
144.29

0.31%
(2,048.27)
A1 / A
AA-

2.78 1.70
61747YET8 Morgan Stanley Callable Note Cont
7/17/2025

4.679% Due 7/17/2026
60,000.00 07/18/2022

4.68%
60,000.00
60,000.00

99.17 5.07%
59,504.94
811.03

0.57%
(495.06)
A1 / A-
A+

3.22 2.05
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
24,968.04

90.58 4.06%
22,645.65

32.08 0.21%
(2,322.39)
Aa2 / AA
AA

3.39 3.26
037833CJ7 Apple Inc Callable Note Cont 11/9/2026

3.35% Due 2/9/2027
150,000.00 01/24/2023

4.09%
145,929.00
146,191.20

97.72 4.01%
146,578.05
1,144.58

1.40%
386.85
Aaa / AA+
NR

3.78 3.48
665859AW4 Northern Trust Company Callable Note
Cont 4/10/2027
4% Due 5/10/2027
150,000.00 09/28/2022

4.75%
145,396.50
145,979.12

98.20 4.49%
147,303.30
2,850.00

1.42%
1,324.18
A2 / A+
A+

4.03 3.61
931142EX7 Wal-Mart Stores Callable Note Cont
09/09/2027

3.95% Due 9/9/2027
100,000.00 09/27/2022

4.70%
96,706.00
97,096.32
100.41

3.84%
100,409.00
570.56

0.96%
3,312.68
Aa2 / AA
AA

4.36 3.88
438516CJ3 Honeywell Intl Callable Note Cont
01/15/2028

4.95% Due 2/15/2028
125,000.00 02/13/2023

4.44%
127,803.75
127,686.60
103.81

4.05%
129,759.13
1,306.25

1.24%
2,072.53
A2 / A
A

4.80 4.14
Total Corporate 2,550,000.00 2.44%
2,578,128.55
2,552,537.76 4.84%
2,496,351.91
18,673.31

23.84%
(56,185.85)
A1 / A+
A+

2.04 1.80

MONEY MARKET FUND
31846V203 First American Govt Obligation Fund
Class Y
163,210.36 Various

4.42%
163,210.36
163,210.36

1.00 4.42%
163,210.36

0.00 1.55%

0.00 Aaa / AAA
AAA

0.00 0.00
Total Money Market Fund 163,210.36 4.42%
163,210.36
163,210.36 4.42%
163,210.36

0.00 1.55%

0.00 Aaa / AAA
AAA

0.00 0.00

SUPRANATIONAL
459058JM6 Intl. Bank Recon & Development Note

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

0.32%
104,774.25
104,957.32

97.30 5.14%
102,167.10
114.48

0.97%
(2,790.22)
Aaa / AAA
AAA

0.57 0.55
459058GQ0 Intl. Bank Recon & Development Note

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

0.26%
160,491.00
152,956.89

97.99 4.84%
146,989.95
437.50

1.40%
(5,966.94)
Aaa / AAA
AAA

0.89 0.86
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 9 XXXXXX

Holdings Report
As of April 30, 2023
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

SUPRANATIONAL
4581X0DZ8 Inter-American Dev Bank Note

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

0.52%
169,874.20
169,941.35

94.75 4.42%
161,070.75

89.72 1.53%
(8,870.60)
Aaa / AAA
NR

1.40 1.36
45950KCR9 International Finance Corp Note

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

0.54%
102,690.00
101,207.11

95.81 4.36%
95,812.70

57.29 0.91%
(5,394.41)
Aaa / AAA
NR

1.47 1.42
Total Supranational 525,000.00 0.41%
537,829.45
529,062.67 4.68%
506,040.50
698.99

4.80%
(23,022.17)
Aaa / AAA
AAA

1.10 1.06

US TREASURY
912828ZU7 US Treasury Note

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

0.25%
220,000.00
220,000.00

99.43 4.77%
218,749.52
207.01

2.08%
(1,250.48)
Aaa / AA+
AAA

0.13 0.13
912828T26 US Treasury Note

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

1.46%
224,252.93
224,924.60

98.53 4.97%
221,686.43
262.04

2.10%
(3,238.17)
Aaa / AA+
AAA

0.42 0.41
912828V80 US Treasury Note

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

1.67%
230,370.12
225,950.31

98.02 4.95%
220,543.88
1,258.63

2.10%
(5,406.43)
Aaa / AA+
AAA

0.76 0.73
912828WJ5 US Treasury Note

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

1.74%
206,460.94
201,520.22

97.69 4.80%
195,382.80
2,306.63

1.87%
(6,137.42)
Aaa / AA+
AAA

1.04 1.00
91282CCG4 US Treasury Note

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

0.43%
248,681.64
249,504.26

95.18 4.70%
237,939.50
235.23

2.26%
(11,564.76)
Aaa / AA+
AAA

1.13 1.10
91282CCT6 US Treasury Note

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

0.45%
249,443.36
249,757.85

94.81 4.55%
237,021.50
194.23

2.25%
(12,736.35)
Aaa / AA+
AAA

1.30 1.26
91282CDH1 US Treasury Note

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

0.83%
224,437.50
224,709.48

94.68 4.35%
213,038.10
778.49

2.03%
(11,671.38)
Aaa / AA+
AAA

1.55 1.50
912828ZF0 US Treasury Note

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

0.58%
124,609.38
124,813.10

93.48 4.07%
116,850.63

52.94 1.11%
(7,962.47)
Aaa / AA+
AAA

1.92 1.87
912828ZT0 US Treasury Note

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

0.60%
246,337.89
248,207.80

92.53 4.02%
231,318.25
260.99

2.20%
(16,889.55)
Aaa / AA+
AAA

2.09 2.04
91282CAZ4 US Treasury Note

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

0.41%
174,699.22
174,843.65

91.58 3.83%
160,261.68
274.04

1.52%
(14,581.97)
Aaa / AA+
AAA

2.59 2.52
9128286L9 US Treasury Note

2.25% Due 3/31/2026
275,000.00 Various

3.08%
268,007.23
268,648.80

95.93 3.73%
263,817.40
524.08

2.51%
(4,831.40)
Aaa / AA+
AAA

2.92 2.78
912828R36 US Treasury Note

1.625% Due 5/15/2026
265,000.00 Various

2.67%
256,468.75
256,821.15

94.02 3.72%
249,162.01
1,986.59

2.38%
(7,659.14)
Aaa / AA+
AAA

3.04 2.90
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 10 XXXXXX

Holdings Report
As of April 30, 2023
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

US TREASURY
912828YG9 US Treasury Note

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

1.24%
203,531.25
202,538.59

93.51 3.66%
187,015.60
275.27

1.78%
(15,522.99)
Aaa / AA+
AAA

3.42 3.27
912828U24 US Treasury Note
2% Due 11/15/2026
265,000.00 03/29/2022

2.56%
258,602.73
260,104.63

94.54 3.66%
250,518.28
2,445.03

2.40%
(9,586.35)
Aaa / AA+
AAA

3.55 3.34
91282CEF4 US Treasury Note

2.5% Due 3/31/2027
200,000.00 05/25/2022

2.73%
197,890.63
198,295.82

95.96 3.61%
191,921.80
423.50

1.82%
(6,374.02)
Aaa / AA+
AAA

3.92 3.68
912828X88 US Treasury Note

2.375% Due 5/15/2027
275,000.00 Various

2.97%
267,540.04
268,899.12

95.45 3.59%
262,496.03
3,013.04

2.52%
(6,403.09)
Aaa / AA+
AAA

4.04 3.76
91282CFM8 US Treasury Note

4.125% Due 9/30/2027
260,000.00 10/26/2022

4.19%
259,278.91
259,353.46
102.26

3.57%
265,880.42
908.40

2.53%
6,526.96
Aaa / AA+
AAA

4.42 4.00
91282CGT2 US Treasury Note

3.625% Due 3/31/2028
240,000.00 04/19/2023

3.73%
238,828.13
238,835.26
100.54

3.50%
241,293.84
736.89

2.29%
2,458.58
Aaa / AA+
AAA

4.92 4.46
Total US Treasury 4,125,000.00 1.84%
4,099,440.65
4,097,728.10 4.10%
3,964,897.67
16,143.03

37.74%
(132,830.43)
Aaa / AA+
AAA

2.46 2.32
TOTAL PORTFOLIO 10,798,664.81 1.94%
10,866,928.26
10,784,977.54 4.55%
10,502,174.62
47,701.80
100.00%
(282,802.92)
Aa1 / AA+
AAA

2.03 1.74
TOTAL MARKET VALUE PLUS ACCRUED 10,549,876.42
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 11 XXXXXX

Transaction Ledger
As of April 30, 2023
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 04/03/2023 31846V203 532.33 First American Govt Obligation Fund Class Y

1.000 4.32% 532.33 0.00 532.33 0.00
Purchase 04/12/2023 362583AD8 40,000.00 GM Auto Receivable Trust 2023-2 A3

4.47% Due 2/16/2028

99.997 4.51% 39,998.90 0.00 39,998.90 0.00
Purchase 04/12/2023 448979AD6 50,000.00 Hyundai Auto Receivables Trust 2023-A A3

4.58% Due 4/15/2027

99.990 4.63% 49,995.12 0.00 49,995.12 0.00
Purchase 04/15/2023 31846V203 836.16 First American Govt Obligation Fund Class Y

1.000 4.32% 836.16 0.00 836.16 0.00
Purchase 04/16/2023 31846V203 781.75 First American Govt Obligation Fund Class Y

1.000 4.32% 781.75 0.00 781.75 0.00
Purchase 04/17/2023 31846V203 91.00 First American Govt Obligation Fund Class Y

1.000 4.32% 91.00 0.00 91.00 0.00
Purchase 04/17/2023 31846V203 26.25 First American Govt Obligation Fund Class Y

1.000 4.32% 26.25 0.00 26.25 0.00
Purchase 04/17/2023 31846V203 86.17 First American Govt Obligation Fund Class Y

1.000 4.32% 86.17 0.00 86.17 0.00
Purchase 04/17/2023 31846V203 15.42 First American Govt Obligation Fund Class Y

1.000 4.32% 15.42 0.00 15.42 0.00
Purchase 04/17/2023 31846V203 87.00 First American Govt Obligation Fund Class Y

1.000 4.32% 87.00 0.00 87.00 0.00
Purchase 04/17/2023 31846V203 14.17 First American Govt Obligation Fund Class Y

1.000 4.32% 14.17 0.00 14.17 0.00
Purchase 04/17/2023 31846V203 19.50 First American Govt Obligation Fund Class Y

1.000 4.32% 19.50 0.00 19.50 0.00
Purchase 04/17/2023 31846V203 140.25 First American Govt Obligation Fund Class Y

1.000 4.32% 140.25 0.00 140.25 0.00
Purchase 04/17/2023 31846V203 131.54 First American Govt Obligation Fund Class Y

1.000 4.32% 131.54 0.00 131.54 0.00
Purchase 04/17/2023 31846V203 2,161.30 First American Govt Obligation Fund Class Y

1.000 4.32% 2,161.30 0.00 2,161.30 0.00
Purchase 04/17/2023 31846V203 3,740.28 First American Govt Obligation Fund Class Y

1.000 4.32% 3,740.28 0.00 3,740.28 0.00
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 12 XXXXXX

Transaction Ledger
As of April 30, 2023
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 04/17/2023 31846V203 2,832.37 First American Govt Obligation Fund Class Y

1.000 4.32% 2,832.37 0.00 2,832.37 0.00
Purchase 04/17/2023 31846V203 1,181.09 First American Govt Obligation Fund Class Y

1.000 4.32% 1,181.09 0.00 1,181.09 0.00
Purchase 04/17/2023 31846V203 1,796.47 First American Govt Obligation Fund Class Y

1.000 4.32% 1,796.47 0.00 1,796.47 0.00
Purchase 04/17/2023 31846V203 1,547.49 First American Govt Obligation Fund Class Y

1.000 4.32% 1,547.49 0.00 1,547.49 0.00
Purchase 04/17/2023 31846V203 3,787.62 First American Govt Obligation Fund Class Y

1.000 4.32% 3,787.62 0.00 3,787.62 0.00
Purchase 04/17/2023 31846V203 1,966.97 First American Govt Obligation Fund Class Y

1.000 4.32% 1,966.97 0.00 1,966.97 0.00
Purchase 04/17/2023 31846V203 6,004.65 First American Govt Obligation Fund Class Y

1.000 4.32% 6,004.65 0.00 6,004.65 0.00
Purchase 04/18/2023 31846V203 108.79 First American Govt Obligation Fund Class Y

1.000 4.32% 108.79 0.00 108.79 0.00
Purchase 04/18/2023 31846V203 2,578.06 First American Govt Obligation Fund Class Y

1.000 4.32% 2,578.06 0.00 2,578.06 0.00
Purchase 04/20/2023 31846V203 156.75 First American Govt Obligation Fund Class Y

1.000 4.32% 156.75 0.00 156.75 0.00
Purchase 04/20/2023 31846V203 5,823.09 First American Govt Obligation Fund Class Y

1.000 4.32% 5,823.09 0.00 5,823.09 0.00
Purchase 04/20/2023 91282CGT2 240,000.00 US Treasury Note

3.625% Due 3/31/2028

99.512 3.73% 238,828.13 475.41 239,303.54 0.00
Purchase 04/21/2023 31846V203 25.67 First American Govt Obligation Fund Class Y

1.000 4.32% 25.67 0.00 25.67 0.00
Purchase 04/21/2023 31846V203 105.00 First American Govt Obligation Fund Class Y

1.000 4.32% 105.00 0.00 105.00 0.00
Purchase 04/21/2023 31846V203 1,293.82 First American Govt Obligation Fund Class Y

1.000 4.32% 1,293.82 0.00 1,293.82 0.00
Purchase 04/25/2023 31846V203 1,005.00 First American Govt Obligation Fund Class Y

1.000 4.32% 1,005.00 0.00 1,005.00 0.00
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 13 XXXXXX

Transaction Ledger
As of April 30, 2023
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 04/25/2023 31846V203 278.92 First American Govt Obligation Fund Class Y

1.000 4.32% 278.92 0.00 278.92 0.00
Purchase 04/25/2023 31846V203 400.31 First American Govt Obligation Fund Class Y

1.000 4.32% 400.31 0.00 400.31 0.00
Purchase 04/25/2023 31846V203 64.50 First American Govt Obligation Fund Class Y

1.000 4.32% 64.50 0.00 64.50 0.00
Purchase 04/25/2023 31846V203 35.18 First American Govt Obligation Fund Class Y

1.000 4.32% 35.18 0.00 35.18 0.00
Purchase 04/25/2023 31846V203 3,229.93 First American Govt Obligation Fund Class Y

1.000 4.32% 3,229.93 0.00 3,229.93 0.00
Purchase 04/25/2023 31846V203 82,411.89 First American Govt Obligation Fund Class Y

1.000 4.32% 82,411.89 0.00 82,411.89 0.00
Purchase 04/25/2023 31846V203 35,838.94 First American Govt Obligation Fund Class Y

1.000 4.32% 35,838.94 0.00 35,838.94 0.00
Subtotal 491,135.63 489,957.78 475.41 490,433.19 0.00
TOTAL ACQUISITIONS 491,135.63 489,957.78 475.41 490,433.19 0.00

DISPOSITIONS
Sale 04/12/2023 31846V203 89,994.02 First American Govt Obligation Fund Class Y

1.000 4.32% 89,994.02 0.00 89,994.02 0.00
Sale 04/20/2023 3137EAER6 200,000.00 FHLMC Note

0.375% Due 5/5/2023

99.822 0.39% 199,644.00 343.75 199,987.75 -354.85
Sale 04/20/2023 31846V203 39,315.79 First American Govt Obligation Fund Class Y

1.000 4.32% 39,315.79 0.00 39,315.79 0.00
Subtotal 329,309.81 328,953.81 343.75 329,297.56 -354.85 Paydown 04/17/2023 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
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 14 XXXXX

Transaction Ledger
As of April 30, 2023
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

DISPOSITIONS
Paydown 04/17/2023 36265WAD5 0.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
100.000 0.00 91.00 91.00 0.00
Paydown 04/17/2023 380146AC4 0.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
100.000 0.00 26.25 26.25 0.00
Paydown 04/17/2023 43815BAC4 0.00 Honda Auto Receivables Trust 2022-1 A3

1.88% Due 5/15/2026
100.000 0.00 86.17 86.17 0.00
Paydown 04/17/2023 44891RAC4 2,823.77 Hyundai Auto Receivables Trust 2020-C A3

0.38% Due 5/15/2025
100.000 2,823.77 8.60 2,832.37 0.00
Paydown 04/17/2023 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
Paydown 04/17/2023 47787JAC2 0.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
100.000 0.00 87.00 87.00 0.00
Paydown 04/17/2023 47787NAC3 1,178.66 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
100.000 1,178.66 2.43 1,181.09 0.00
Paydown 04/17/2023 47788UAC6 1,787.99 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
100.000 1,787.99 8.48 1,796.47 0.00
Paydown 04/17/2023 47789KAC7 1,542.33 John Deere Owner Trust 2020-A A3

1.1% Due 8/15/2024
100.000 1,542.33 5.16 1,547.49 0.00
Paydown 04/17/2023 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 04/17/2023 47800AAC4 0.00 John Deere Owner Trust 2022-B A3

3.74% Due 2/16/2027
100.000 0.00 140.25 140.25 0.00
Paydown 04/17/2023 58769KAD6 3,772.41 Mercedes-Benz Auto Lease Trust 2021- B A3

0.4% Due 11/15/2024
100.000 3,772.41 15.21 3,787.62 0.00
Paydown 04/17/2023 58770AAC7 0.00 Mercedes-Benz Auto Receivable 2023-1 A3

4.51% Due 11/15/2027
100.000 0.00 131.54 131.54 0.00
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 15 XXXXXX

Transaction Ledger
As of April 30, 2023
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

DISPOSITIONS
Paydown 04/17/2023 65479JAD5 1,963.81 Nissan Auto Receivables Owner 2019-C A3

1.93% Due 7/15/2024
100.000 1,963.81 3.16 1,966.97 0.00
Paydown 04/17/2023 89232HAC9 5,988.59 Toyota Auto Receivable Own 2020-A A3

1.66% Due 5/15/2024
100.000 5,988.59 16.06 6,004.65 0.00
Paydown 04/17/2023 89236XAC0 2,156.92 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
100.000 2,156.92 4.38 2,161.30 0.00
Paydown 04/17/2023 89240BAC2 3,731.47 Toyota Auto Receivables Owners 2021- A A3

0.26% Due 5/15/2025
100.000 3,731.47 8.81 3,740.28 0.00
Paydown 04/18/2023 43813KAC6 2,571.98 Honda Auto Receivables Trust 2020-3 A3

0.37% Due 10/18/2024
100.000 2,571.98 6.08 2,578.06 0.00
Paydown 04/18/2023 43815PAC3 0.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
100.000 0.00 108.79 108.79 0.00
Paydown 04/20/2023 36266FAC3 0.00 GM Financial Auto Lease Trust 2022-2 A3

3.42% Due 6/20/2025
100.000 0.00 156.75 156.75 0.00
Paydown 04/20/2023 92290BAA9 5,812.78 Verizon Owner Trust 2020-B A

0.47% Due 2/20/2025
100.000 5,812.78 10.31 5,823.09 0.00
Paydown 04/21/2023 43813GAC5 1,290.73 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
100.000 1,290.73 3.09 1,293.82 0.00
Paydown 04/21/2023 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 04/21/2023 43815JAC7 0.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027
100.000 0.00 105.00 105.00 0.00
Paydown 04/25/2023 05593AAC3 0.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
100.000 0.00 64.50 64.50 0.00
Paydown 04/25/2023 05601XAC3 3.10 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
100.000 1.10% 3.10 32.08 35.18 0.00
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 16 XXXXXX

Transaction Ledger
As of April 30, 2023
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

DISPOSITIONS
Paydown 04/25/2023 09690AAC7 3,223.05 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
100.000 3,223.05 6.88 3,229.93 0.00
Paydown 04/25/2023 3137B3NX2 0.00 FHLMC K031 A2Due 4/25/2023 100.000 0.00 278.92 278.92 0.00 Paydown 04/25/2023 3137B4GY6 82,000.58 FHLMC K032 A2Due 5/25/2023 100.000 82,000.58 411.31 82,411.89 0.00 Paydown 04/25/2023 3137B5JM6 35,309.13 FHLMC K034 A2

3.531% Due 7/25/2023
100.000 35,309.13 529.81 35,838.94 0.00
Paydown 04/25/2023 3137BNGT5 0.00 FHLMC K054 A2

2.745% Due 1/25/2026
100.000 0.00 400.31 400.31 0.00
Subtotal 155,157.30 155,157.30 2,823.09 157,980.39 0.00 Security
Withdrawal
04/17/2023 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
04/26/2023 31846V203 88.10 First American Govt Obligation Fund Class Y

1.000 88.10 0.00 88.10 0.00
Subtotal 1,088.10 1,088.10 0.00 1,088.10 0.00
TOTAL DISPOSITIONS 485,555.21 485,199.21 3,166.84 488,366.05 -354.85

OTHER TRANSACTIONS
Interest 04/15/2023 91324PEN8 35,000.00 United Health Group Inc Note

5.15% Due 10/15/2025

0.000 836.16 0.00 836.16 0.00
Interest 04/16/2023 3137EAEY1 150,000.00 FHLMC Note

0.125% Due 10/16/2023

0.000 93.75 0.00 93.75 0.00
Interest 04/16/2023 45950KCR9 100,000.00 International Finance Corp Note

1.375% Due 10/16/2024

0.000 688.00 0.00 688.00 0.00
Interest 04/25/2023 06406RBC0 60,000.00 Bank of NY Mellon Corp Callable Note Cont 3/25/2025

3.35% Due 4/25/2025

0.000 1,005.00 0.00 1,005.00 0.00
Subtotal 345,000.00 2,622.91 0.00 2,622.91 0.00
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 17 XXXXXX

Transaction Ledger
As of April 30, 2023
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

OTHER TRANSACTIONS
Dividend 04/03/2023 31846V203 132,472.64 First American Govt Obligation Fund Class Y

0.000 532.33 0.00 532.33 0.00
Subtotal 132,472.64 532.33 0.00 532.33 0.00
TOTAL OTHER TRANSACTIONS 477,472.64 3,155.24 0.00 3,155.24 0.00 Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 18 XXXXXX

Income Earned
As of April 30, 2023
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
84,953.92

0.00 0.00
84,957.31
147.69

0.00 179.56

31.87 3.39

0.00 3.39

35.26 35.26
023135CN4 Amazon.com Inc
Note

4.6% Due 12/01/2025
11/29/2022
12/01/2022
135,000.00
134,992.79

0.00 0.00
134,993.02
2,070.00

0.00 2,587.50
517.50

0.23 0.00

0.23 517.73
517.73
037833CJ7 Apple Inc
Callable Note Cont 11/9/2026

3.35% Due 02/09/2027
01/24/2023
01/26/2023
150,000.00
146,108.40

0.00 0.00
146,191.20
725.83

0.00 1,144.58
418.75

82.80 0.00

82.80 501.55
501.55
05593AAC3 BMW Vehicle Lease Trust
2023-1 A3

5.16% Due 11/25/2025
02/07/2023
02/15/2023
15,000.00
14,999.66

0.00 0.00
14,999.68

12.90 64.50

12.90 64.50

0.02 0.00

0.02 64.52

64.52 05601XAC3 BMW Vehicle Lease Trust
2022-1 A3

1.1% Due 03/25/2025
01/11/2022
01/19/2022
34,996.90
34,997.64

0.00 3.10
34,994.74

6.42 32.08

6.42 32.08

0.20 0.00

0.20 32.28

32.28 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
124,691.77

0.00 0.00
124,759.27
343.75

0.00 572.92
229.17

67.50 0.00

67.50 296.67
296.67
06406RBC0 Bank of NY Mellon Corp
Callable Note Cont 3/25/2025

3.35% Due 04/25/2025
04/19/2022
04/26/2022
60,000.00
59,994.21

0.00 0.00
59,994.44
871.00
1,005.00

33.50 167.50

0.23 0.00

0.23 167.73
167.73
09690AAC7 BMW Vehicle Lease Trust
2021-2 A3

0.33% Due 12/26/2024
09/08/2021
09/15/2021
21,794.76
25,016.97

0.00 3,223.05
21,794.11

1.38 6.88

1.20 6.70

0.19 0.00

0.19 6.89

6.89 14913R2L0 Caterpillar Financial Service
Note

0.45% Due 05/17/2024
05/10/2021
05/17/2021
135,000.00
134,932.00

0.00 0.00
134,936.95
226.13

0.00 276.75

50.62 4.95

0.00 4.95

55.57 55.57
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 19 XXXXX

Income Earned
As of April 30, 2023
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
24422EVN6 John Deere Capital Corp
Note

0.45% Due 01/17/2024
03/01/2021
03/04/2021
95,000.00
94,981.29

0.00 0.00
94,983.22

87.88 0.00
123.50

35.62 1.93

0.00 1.93

37.55 37.55
3130A0F70 FHLB
Note

3.375% Due 12/08/2023
08/19/2019
08/20/2019
225,000.00
227,768.75

0.00 0.00
227,437.82
2,383.59

0.00 3,016.41
632.82

0.00 330.93
(330.93)
301.89
301.89
3130A1XJ2 FHLB
Note

2.875% Due 06/14/2024
03/24/2020
03/25/2020
250,000.00
255,527.82

0.00 0.00
255,150.92
2,136.28

0.00 2,735.24
598.96

0.00 376.90
(376.90)
222.06
222.06
3130AB3H7 FHLB
Note

2.375% Due 03/08/2024
06/14/2019
06/17/2019
225,000.00
225,852.87

0.00 0.00
225,778.06
341.41

0.00 786.72
445.31

0.00 74.81
(74.81)
370.50
370.50
3130ATS57 FHLB
Note

4.5% Due 03/10/2028
03/21/2023
03/22/2023
275,000.00
281,172.55

0.00 0.00
281,069.96
721.88

0.00 1,753.13
1,031.25

0.00 102.59
(102.59)
928.66
928.66
3133ENKS8 FFCB
Note

1.125% Due 01/06/2025
01/06/2022
01/11/2022
80,000.00
79,893.42

0.00 0.00
79,898.37
212.50

0.00 287.50

75.00 4.95

0.00 4.95

79.95 79.95
3135G04Q3 FNMA
Note

0.25% Due 05/22/2023
05/20/2020
05/22/2020
160,000.00
159,977.57

0.00 0.00
159,990.76
143.33

0.00 176.67

33.34 13.19

0.00 13.19

46.53 46.53
3135G05G4 FNMA
Note

0.25% Due 07/10/2023
07/08/2020
07/10/2020
165,000.00
164,967.60

0.00 0.00
164,977.32

92.81 0.00
127.19

34.38 9.72

0.00 9.72

44.10 44.10
3135G06G3 FNMA
Note

0.5% Due 11/07/2025
11/18/2020
11/19/2020
225,000.00
224,878.50

0.00 0.00
224,882.34
450.00

0.00 543.75

93.75 3.84

0.00 3.84

97.59 97.59
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 20 XXXXXX

Income Earned
As of April 30, 2023
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
3135G0U43 FNMA
Note

2.875% Due 09/12/2023
09/25/2019
09/26/2019
225,000.00
226,216.91

0.00 0.00
225,994.30
341.41

0.00 880.47
539.06

0.00 222.61
(222.61)
316.45
316.45
3137B3NX2 FHLMC
K031 A2

3.3% Due 04/25/2023
03/12/2019
03/15/2019
101,424.96
101,424.96

0.00 0.00
101,424.96

55.78 278.92

0.00 223.14

0.00 0.00

0.00 223.14
223.14
3137B4GY6 FHLMC
K032 A2

3.31% Due 05/25/2023
07/23/2019
07/26/2019
67,113.40
149,341.73

0.00 82,000.58
67,158.96

82.26 411.31

37.02 366.07

0.00 182.19
(182.19)
183.88
183.88
3137B5JM6 FHLMC
K034 A2

3.531% Due 07/25/2023
08/28/2018
08/31/2018
144,744.34
180,298.97

0.00 35,309.13
144,890.21
529.81
529.81
425.91
425.91

0.00 99.63
(99.63)
326.28
326.28
3137BNGT5 FHLMC
K054 A2

2.745% Due 01/25/2026
02/15/2023
02/21/2023
175,000.00
166,504.17

0.00 0.00
166,757.53
400.31
400.31
400.31
400.31
253.36

0.00 253.36
653.67
653.67
3137EAER6 FHLMC
Note
Due 05/05/2023
05/05/2020
05/07/2020

0.00 199,997.39

0.00 199,998.85

0.00 304.17
343.75

0.00 39.58

1.46 0.00

1.46 41.04

41.04 3137EAEY1 FHLMC
Note

0.125% Due 10/16/2023
10/14/2020
10/16/2020
150,000.00
149,898.83

0.00 0.00
149,914.16

85.94 93.75

7.81 15.62

15.33 0.00

15.33 30.95

30.95 3137EAEZ8 FHLMC
Note

0.25% Due 11/06/2023
11/03/2020
11/05/2020
220,000.00
219,960.44

0.00 0.00
219,965.86
221.53

0.00 267.36

45.83 5.42

0.00 5.42

51.25 51.25
362554AC1 GM Financial Securitized Term
2021-4 A3

0.68% Due 09/16/2026
10/13/2021
10/21/2021
25,000.00
24,999.63

0.00 0.00
24,999.65

7.08 14.17

7.08 14.17

0.02 0.00

0.02 14.19

14.19 Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 21 XXXXXX

Income Earned
As of April 30, 2023
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
362583AD8 GM Auto Receivable Trust
2023-2 A3

4.47% Due 02/16/2028
04/04/2023
04/12/2023
40,000.00

0.00 39,998.90

0.00 39,998.92

0.00 0.00

94.37 94.37

0.02 0.00

0.02 94.39

94.39 36265WAD5 GM Financial Securitized Auto
2022-3 A3

3.64% Due 04/16/2027
07/06/2022
07/13/2022
30,000.00
29,999.84

0.00 0.00
29,999.84

45.50 91.00

45.50 91.00

0.00 0.00

0.00 91.00

91.00 36266FAC3 GM Financial Auto Lease Trust
2022-2 A3

3.42% Due 06/20/2025
05/03/2022
05/11/2022
55,000.00
54,996.59

0.00 0.00
54,996.80

57.48 156.75

57.48 156.75

0.21 0.00

0.21 156.96
156.96
380146AC4 GM Financial Auto Receivables
2022-1 A3

1.26% Due 11/16/2026
01/11/2022
01/19/2022
25,000.00
24,998.61

0.00 0.00
24,998.67

13.13 26.25

13.13 26.25

0.06 0.00

0.06 26.31

26.31 437076CR1 Home Depot
Callable Note Cont 8/15/2025
4% Due 09/15/2025
09/12/2022
09/19/2022
40,000.00
39,988.16

0.00 0.00
39,988.55

71.11 0.00
204.44
133.33

0.39 0.00

0.39 133.72
133.72
43813GAC5 Honda Auto Receivables Trust
2021-1 A3

0.27% Due 04/21/2025
02/17/2021
02/24/2021
12,441.63
13,732.28

0.00 1,290.73
12,441.56

1.03 3.09

0.93 2.99

0.01 0.00

0.01 3.00

3.00 43813KAC6 Honda Auto Receivables Trust
2020-3 A3

0.37% Due 10/18/2024
09/22/2020
09/29/2020
17,143.93
19,715.32

0.00 2,571.98
17,143.49

2.63 6.08

2.29 5.74

0.15 0.00

0.15 5.89

5.89 43815BAC4 Honda Auto Receivables Trust
2022-1 A3

1.88% Due 05/15/2026
02/15/2022
02/23/2022
55,000.00
54,994.55

0.00 0.00
54,994.77

45.96 86.17

45.96 86.17

0.22 0.00

0.22 86.39

86.39 43815GAC3 Honda Auto Receivables Trust
2021-4 A3

0.88% Due 01/21/2026
11/16/2021
11/24/2021
35,000.00
34,995.69

0.00 0.00
34,995.88

8.56 25.67

8.56 25.67

0.19 0.00

0.19 25.86

25.86 Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 22 XXXXXX

Income Earned
As of April 30, 2023
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
43815JAC7 Honda Auto Receivables Owner
2023-1 A3

5.04% Due 04/21/2027
02/16/2023
02/24/2023
25,000.00
24,995.50

0.00 0.00
24,995.62

35.00 105.00

35.00 105.00

0.12 0.00

0.12 105.12
105.12
43815PAC3 Honda Auto Receivables
2022-2 A3

3.73% Due 07/20/2026
08/15/2022
08/24/2022
35,000.00
34,998.32

0.00 0.00
34,998.38

47.14 108.79

47.14 108.79

0.06 0.00

0.06 108.85
108.85
438516CJ3 Honeywell Intl
Callable Note Cont 01/15/2028

4.95% Due 02/15/2028
02/13/2023
02/15/2023
125,000.00
127,733.46

0.00 0.00
127,686.60
790.63

0.00 1,306.25
515.62

0.00 46.86
(46.86)
468.76
468.76
44891RAC4 Hyundai Auto Receivables Trust
2020-C A3

0.38% Due 05/15/2025
10/20/2020
10/28/2020
24,342.70
27,164.81

0.00 2,823.77
24,341.35

4.59 8.60

4.11 8.12

0.31 0.00

0.31 8.43

8.43 448979AD6 Hyundai Auto Receivables Trust
2023-A A3

4.58% Due 04/15/2027
04/04/2023
04/12/2023
50,000.00

0.00 49,995.12

0.00 49,995.21

0.00 0.00
120.86
120.86

0.09 0.00

0.09 120.95
120.95
44935FAD6 Hyundai Auto Receivables Trust
2021-C A3

0.74% Due 05/15/2026
11/09/2021
11/17/2021
25,000.00
24,996.84

0.00 0.00
24,996.98

8.22 15.42

8.22 15.42

0.14 0.00

0.14 15.56

15.56 4581X0DZ8 Inter-American Dev Bank
Note

0.5% Due 09/23/2024
09/15/2021
09/23/2021
170,000.00
169,937.90

0.00 0.00
169,941.35

18.89 0.00

89.72 70.83

3.45 0.00

3.45 74.28

74.28 459058GQ0 Intl. Bank Recon & Development
Note

2.5% Due 03/19/2024
01/26/2021
01/28/2021
150,000.00
153,231.52

0.00 0.00
152,956.89
125.00

0.00 437.50
312.50

0.00 274.63
(274.63)

37.87 37.87
459058JM6 Intl. Bank Recon & Development
Note

0.25% Due 11/24/2023
11/17/2020
11/24/2020
105,000.00
104,951.14

0.00 0.00
104,957.32

92.60 0.00
114.48

21.88 6.18

0.00 6.18

28.06 28.06
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 23 XXXXXX

Income Earned
As of April 30, 2023
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
45950KCR9 International Finance Corp
Note

1.375% Due 10/16/2024
07/12/2021
07/14/2021
100,000.00
101,274.92

0.00 0.00
101,207.11
630.21
688.00

57.29 115.08

0.00 67.81
(67.81)

47.27 47.27
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
142,916.32

0.00 0.00
142,655.16
375.67

0.00 751.33
375.66

0.00 261.16
(261.16)
114.50
114.50
47787JAC2 John Deere Owner Trust
2022-A A3

2.32% Due 09/16/2026
03/10/2022
03/16/2022
45,000.00
44,993.01

0.00 0.00
44,993.25

46.40 87.00

46.40 87.00

0.24 0.00

0.24 87.24

87.24 47787NAC3 John Deere Owner Trust
2020-B A3

0.51% Due 11/15/2024
07/14/2020
07/22/2020
4,528.27
5,706.73

0.00 1,178.66
4,528.13

1.29 2.43

1.03 2.17

0.06 0.00

0.06 2.23

2.23 47788UAC6 John Deere Owner Trust
2021-A A3

0.36% Due 09/15/2025
03/02/2021
03/10/2021
26,489.29
28,274.95

0.00 1,787.99
26,487.22

4.52 8.48

4.24 8.20

0.26 0.00

0.26 8.46

8.46 47789KAC7 John Deere Owner Trust
2020-A A3

1.1% Due 08/15/2024
03/04/2020
03/11/2020
4,089.21
5,631.43

0.00 1,542.33
4,089.14

2.75 5.16

2.00 4.41

0.04 0.00

0.04 4.45

4.45 47789QAC4 John Deere Owner Trust
2021-B A3

0.52% Due 03/16/2026
07/13/2021
07/21/2021
45,000.00
44,997.85

0.00 0.00
44,997.94

10.40 19.50

10.40 19.50

0.09 0.00

0.09 19.59

19.59 47800AAC4 John Deere Owner Trust
2022-B A3

3.74% Due 02/16/2027
07/12/2022
07/20/2022
45,000.00
44,996.54

0.00 0.00
44,996.64

74.80 140.25

74.80 140.25

0.10 0.00

0.10 140.35
140.35
58769KAD6 Mercedes-Benz Auto Lease Trust
2021-B A3

0.4% Due 11/15/2024
06/22/2021
06/29/2021
41,857.79
45,629.13

0.00 3,772.41
41,856.91

8.11 15.21

7.44 14.54

0.19 0.00

0.19 14.73

14.73 Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 24 XXXXXX

Income Earned
As of April 30, 2023
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
58770AAC7 Mercedes-Benz Auto Receivable
2023-1 A3

4.51% Due 11/15/2027
01/18/2023
01/25/2023
35,000.00
34,996.02

0.00 0.00
34,996.12

70.16 131.54

70.16 131.54

0.10 0.00

0.10 131.64
131.64
594918BX1 Microsoft
Callable Note Cont 12/6/2023

2.875% Due 02/06/2024
03/05/2020
03/09/2020
125,000.00
126,516.40

0.00 0.00
126,333.71
549.05

0.00 848.52
299.47

0.00 182.69
(182.69)
116.78
116.78
61747YET8 Morgan Stanley
Callable Note Cont 7/17/2025

4.679% Due 07/17/2026
07/18/2022
07/20/2022
60,000.00
60,000.00

0.00 0.00
60,000.00
577.08

0.00 811.03
233.95

0.00 0.00

0.00 233.95
233.95
63743HFE7 National Rural Utilities
Note

3.45% Due 06/15/2025
04/27/2022
05/04/2022
35,000.00
34,993.31

0.00 0.00
34,993.56
355.54

0.00 456.17
100.63

0.25 0.00

0.25 100.88
100.88
65479JAD5 Nissan Auto Receivables Owner
2019-C A3
Due 07/15/2024
10/16/2019
10/23/2019

0.00 1,963.78

0.00 1,963.81

0.00 1.68

3.16 0.00

1.48 0.03

0.00 0.03

1.51 1.51
665859AW4 Northern Trust Company
Callable Note Cont 4/10/2027
4% Due 05/10/2027
09/28/2022
09/30/2022
150,000.00
145,897.06

0.00 0.00
145,979.12
2,350.00

0.00 2,850.00
500.00

82.06 0.00

82.06 582.06
582.06
69371RR40 Paccar Financial Corp
Note

0.5% Due 08/09/2024
08/03/2021
08/09/2021
50,000.00
49,987.78

0.00 0.00
49,988.52

36.11 0.00

56.94 20.83

0.74 0.00

0.74 21.57

21.57 69371RR57 Paccar Financial Corp
Note

0.9% Due 11/08/2024
11/02/2021
11/08/2021
90,000.00
89,997.11

0.00 0.00
89,997.26
321.75

0.00 389.25

67.50 0.15

0.00 0.15

67.65 67.65
78015K7C2 Royal Bank of Canada
Note

2.25% Due 11/01/2024
09/22/2020
09/24/2020
135,000.00
138,284.00

0.00 0.00
138,114.14
1,265.63

0.00 1,518.75
253.12

0.00 169.86
(169.86)

83.26 83.26
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 25 XXXXXX

Income Earned
As of April 30, 2023
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
79466LAG9 Salesforce.com Inc
Callable Note Cont 7/15/2022

0.625% Due 07/15/2024
06/29/2021
07/12/2021
20,000.00
19,995.63

0.00 0.00
19,995.91

26.39 0.00

36.81 10.42

0.28 0.00

0.28 10.70

10.70 808513BN4 Charles Schwab Corp
Callable Note Cont 2/18/2024

0.75% Due 03/18/2024
Various
Various
160,000.00
160,237.55

0.00 0.00
160,215.42

43.33 0.00
143.33
100.00

0.83 22.96
(22.13)

77.87 77.87
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
35,000.00

0.00 0.00
35,000.00

93.36 0.00
144.29

50.93 0.00

0.00 0.00

50.93 50.93
89114QCB2 Toronto Dominion Bank
Note

3.25% Due 03/11/2024
07/16/2019
07/18/2019
130,000.00
130,871.64

0.00 0.00
130,795.85
234.72

0.00 586.81
352.09

0.00 75.79
(75.79)
276.30
276.30
89232HAC9 Toyota Auto Receivable Own
2020-A A3

1.66% Due 05/15/2024
07/06/2020
07/08/2020
5,622.90
11,686.04

0.00 5,988.59
5,656.36

8.57 16.06

4.15 11.64

0.00 41.09
(41.09)
(29.45)
(29.45)
89236TKN4 Toyota Motor Credit Corp
Note

4.8% Due 01/10/2025
01/10/2023
01/12/2023
130,000.00
129,920.02

0.00 0.00
129,923.71
1,369.33

0.00 1,889.33
520.00

3.69 0.00

3.69 523.69
523.69
89236XAC0 Toyota Auto Receivables
2020-D A3

0.35% Due 01/15/2025
10/06/2020
10/13/2020
12,864.54
15,020.28

0.00 2,156.92
12,863.58

2.34 4.38

2.00 4.04

0.22 0.00

0.22 4.26

4.26 89240BAC2 Toyota Auto Receivables Owners
2021-A A3

0.26% Due 05/15/2025
02/02/2021
02/08/2021
36,923.24
40,652.38

0.00 3,731.47
36,921.31

4.70 8.81

4.27 8.38

0.40 0.00

0.40 8.78

8.78 91159HHX1 US Bancorp
Callable Note Cont 6/28/2024

2.4% Due 07/30/2024
03/25/2021
03/29/2021
150,000.00
153,222.56

0.00 0.00
153,009.61
610.00

0.00 910.00
300.00

0.00 212.95
(212.95)

87.05 87.05
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 26 XXXXXX

Income Earned
As of April 30, 2023
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
9128286L9 US Treasury
Note

2.25% Due 03/31/2026
Various
Various
275,000.00
268,469.88

0.00 0.00
268,648.80

16.90 0.00
524.08
507.18
214.04

35.12 178.92
686.10
686.10
912828R36 US Treasury
Note

1.625% Due 05/15/2026
Various
Various
265,000.00
256,600.10

0.00 0.00
256,821.15
1,629.71

0.00 1,986.59
356.88
282.58

61.53 221.05
577.93
577.93
912828T26 US Treasury
Note

1.375% Due 09/30/2023
08/15/2019
08/16/2019
225,000.00
224,909.72

0.00 0.00
224,924.60

8.45 0.00
262.04
253.59

14.88 0.00

14.88 268.47
268.47
912828U24 US Treasury
Note
2% Due 11/15/2026
03/29/2022
03/30/2022
265,000.00
259,991.14

0.00 0.00
260,104.63
2,005.80

0.00 2,445.03
439.23
113.49

0.00 113.49
552.72
552.72
912828V80 US Treasury
Note

2.25% Due 01/31/2024
10/29/2019
10/30/2019
225,000.00
226,053.98

0.00 0.00
225,950.31
839.09

0.00 1,258.63
419.54

0.00 103.67
(103.67)
315.87
315.87
912828WJ5 US Treasury
Note

2.5% Due 05/15/2024
12/12/2019
12/13/2019
200,000.00
201,640.24

0.00 0.00
201,520.22
1,892.27

0.00 2,306.63
414.36

0.00 120.02
(120.02)
294.34
294.34
912828X88 US Treasury
Note

2.375% Due 05/15/2027
Various
Various
275,000.00
268,775.04

0.00 0.00
268,899.12
2,471.78

0.00 3,013.04
541.26
124.08

0.00 124.08
665.34
665.34
912828YG9 US Treasury
Note

1.625% Due 09/30/2026
12/28/2021
12/29/2021
200,000.00
202,599.62

0.00 0.00
202,538.59

8.88 0.00
275.27
266.39

0.00 61.03
(61.03)
205.36
205.36
912828ZF0 US Treasury
Note

0.5% Due 03/31/2025
03/25/2021
03/29/2021
125,000.00
124,805.09

0.00 0.00
124,813.10

1.71 0.00

52.94 51.23

8.01 0.00

8.01 59.24

59.24 Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 27 XXXXXX

Income Earned
As of April 30, 2023
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
912828ZT0 US Treasury
Note

0.25% Due 05/31/2025
02/25/2021
02/26/2021
250,000.00
248,137.15

0.00 0.00
248,207.80
209.48

0.00 260.99

51.51 70.65

0.00 70.65
122.16
122.16
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
161.68

0.00 207.01

45.33 0.00

0.00 0.00

45.33 45.33
91282CAZ4 US Treasury
Note

0.375% Due 11/30/2025
12/09/2020
12/10/2020
175,000.00
174,838.68

0.00 0.00
174,843.65
219.95

0.00 274.04

54.09 4.97

0.00 4.97

59.06 59.06
91282CCG4 US Treasury
Note

0.25% Due 06/15/2024
06/17/2021
06/18/2021
250,000.00
249,468.07

0.00 0.00
249,504.26
183.72

0.00 235.23

51.51 36.19

0.00 36.19

87.70 87.70
91282CCT6 US Treasury
Note

0.375% Due 08/15/2024
08/25/2021
08/26/2021
250,000.00
249,742.46

0.00 0.00
249,757.85
116.54

0.00 194.23

77.69 15.39

0.00 15.39

93.08 93.08
91282CDH1 US Treasury
Note

0.75% Due 11/15/2024
11/18/2021
11/19/2021
225,000.00
224,694.02

0.00 0.00
224,709.48
638.64

0.00 778.49
139.85

15.46 0.00

15.46 155.31
155.31
91282CEF4 US Treasury
Note

2.5% Due 03/31/2027
05/25/2022
05/26/2022
200,000.00
198,260.07

0.00 0.00
198,295.82

13.66 0.00
423.50
409.84

35.75 0.00

35.75 445.59
445.59
91282CFM8 US Treasury
Note

4.125% Due 09/30/2027
10/26/2022
10/27/2022
260,000.00
259,341.44

0.00 0.00
259,353.46

29.30 0.00
908.40
879.10

12.02 0.00

12.02 891.12
891.12
91282CGT2 US Treasury
Note

3.625% Due 03/31/2028
04/19/2023
04/20/2023
240,000.00

0.00 238,828.13

0.00 238,835.26

0.00 (475.41)
736.89
261.48

7.13 0.00

7.13 268.61
268.61
Execution Time: 5/1/2023 10:15:59 PMChandler Asset Management - CONFIDENTIAL Page 28 XXXXXX