Agenda packet — Bell City Council, January 10, 2024 (part 1 of 2)

Agenda

Regular Meeting of the

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

Wednesday, January 10, 2024

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

BELL COMMUNITY CENTER
6250 PINE AVENUE, BELL CA 90201

Fidencio J. Gallardo
Mayor

Ana Maria Quintana Monica Arroyo
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 th e City Council. Regular City Council meetings are held the second and fourth Wednesday of the month at 7:00 p.m., Bell Co mmunity Center , 6 250 Pine Avenue. For more information, you may call City Hall during regular business hours 8:00 a.m. to 4:00 p.m., Monday through Friday at (323) 588-6211 Extension 2615.

City Council Organization

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

Addressing the City Council

If you wish to speak to the City Council on any item which is listed or not listed on the City Council Agenda, please complete a Request to Speak Card available in the back of the City Council Chambers. 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

The City of Bell, in complying with the Americans with Disabilities Act (ADA), request individuals who require special accommodation(s) to access, attend, and or participate in a City meeting due to disability. Please contact the City Clerk’s Office, (323) 588 -6211, Ext. 2 615, at least one business day prior to the scheduled meeting to ensure that we may assist you.

Statement Regarding Compensation for Members of the Bell City Council

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

REGULAR JOINT MEETING OF THE

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

January 10, 2024

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

Location: Bell Community Center, 6250 Pine Avenue, Bell CA 90201

Call to Order

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

Communications from the Public on Closed Session Items

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

Closed Session

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

a) CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)
Property: 4410 Gage Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

b) CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)
Property: 6229 Flora Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

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 submit input electronically through a temporary public comment email established for City of Bell City Council meetings at [email protected]. Your written comment must be submitted by 4pm on Wednesday, January 10, 2024. Any emails received after the time indicated will not be included in the record. Written Comments will be subject to the three minute time limitation (approximately 350 words).

The meeting will be recorded and live streamed on the City’s website at http://www.cityofbell.org/?NavID=101 c) CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)
Property: 6419 Prospect Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

d) CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)
Property: 6304 King Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

e) CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)
Property: 5241 Florence Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

f) CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)
Property: 7020-7030 Atlantic Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

g) CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)
Property: 4500 Gage Ave., 4560 Gage Ave, 4524 Gage Ave., 6416 Atlantic Ave., a nd 6503 Woodward Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

h) CONFERENCE WITH LABOR NEGOTIATORS- Government Code Section 54957.6, Agency designated representatives: City Manager Michael L. Antwine II, and City Attorney Dave Aleshire
Employee Organization: Bell City Employee Association (BCEA)

Reconvene Regular City Council Meeting

Call to Order

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

Pledge of Allegiance

City Attorney Report

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

Presentations and Recognitions

a. Quality of Life Presentation – Homeless Encampment Resources Operation (HERO)

Communications from the Public

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

Mayor and City Council Communications

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

City Manager Report

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

Business Session

1. Approval of the Recognized Obligation Payment Schedule (“ROPS”) and Administrative Budget for FY 2024 -25 for DOF Submission . (Successor Agency to the Bell Community Redevelopment Agency)

Recommendation: It is recommended that the Members of the Successor Agency approve the Recognized Obligation Payment Schedule (“ROPS”) for the 2024 -25 Fiscal Pe riod of July 1, 2024 to June 30, 2025 and the Administrative Budget for the 2024 -25 Fiscal Period with the attached documents for submission to the Oversight Board for further approval on January 22, 2024 and authorization to transmit to the California De partment of Finance under dissolution law by February 1, 2024.

2. Consideration of approval and adopting Resolution identifying Employee Classifications, Compensation Levels, and Salary Ranges and Rescinding Resolution No. 2023 -89. (City Council)

Recommendation: It is recommended that the City Council read by title only, waive further reading and adopt Resolution 2024-01 titled:

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BELL,

CALIFORNIA, IDENTIFYING EMPLOYEE CLASSIFICATIONS,

COMPENSATION LEV ELS, AND SALARY RANGES, AND
RESCINDING RESOLUTION NO. 2023-89

3. Approve a Transfer Funds to the City of Bell Section 115 Trust for OPEB and Pension Liabilities. (City Council)

Recommendation: It is recommended that the City Council approve a transfer of One Million and Five Hundred Thousand Dollars ($1,500,000) from the Local Agency Investment Fund (LAIF) to the City’s Section 115 Trust accounts to fund future OPEB and Pension Liabilities.

4. Consideration to Approve a Two -Year Agreement with American Soccer Company Inc for the Provision of Youth Soccer Uniform Services. (City Council) Recommendation: It is recommended that the City Council approve a two -year agreement with American Soccer Company Inc. for the provision of uniform services for the 2024 & 2025 Youth Soccer Leagues in the amount not to exceed $53,385.05.

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

Recommendation: Approve agenda items 5 and 6.

5. Receive and File the City of Bell Successor Agency Investment Reports as of November 2023.

6. General Warrants, Successor Agency to the Bell Community Redevelopment Agency and Community Housing Authority Warrants of January 10, 2024. (Council/Successor Agency to the Bell Community Redevelopment Agency/Bell Community Housing Authority).

Pending Items – None
Next Regular Meeting, Wednesday, January 24, 2024
I, Angela Bustamante, City Clerk of the City of Bell, certify that a true, accurate copy of the foregoing agenda was posted January 5, 2024 at least seventy-two (72) hours prior to the meeting as required by law.
________________________________
Angela Bustamante, City Clerk

REGULAR MEETING OF THE

BELL CITY COUNCIL AND RELATED AGENCIES

January 10, 2024

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

INDEX

Agenda Category Item Number Page Numbers

CLOSED SESSION a – h

AGENDA & INDEX 1-7

PUBLIC HEARINGS None

BUSINESS SESSION 1 8-26
2 27-37
3 38-39
4 40-128

CONSENT CALENDAR 5 129-221
6 222-295

City of Bell
Agenda Report

DATE: January 10, 2024

TO: Members of the Successor Agency

FROM: Rickey Manbahal, Finance Director

APPROVED Michael L. Antwine II (e-signature)
BY: ________________________________________
Michael L. Antwine II, City Manager

SUBJECT: Approval of the Recognized Obligation Payment Schedule (“ROPS”) and Administrative Budget for FY 2024-25 for DOF Submission

RECOMMENDATION:

It is recommended that the Members of the Successor Agency approve the Recognized Obligation Payment Schedule (“ROPS”) for the 2024-25 Fiscal Period of July 1, 2024 to June 30, 2025 and the Administrative Budget for the 2024-25 Fiscal Period with the attached documents for submission to the Oversight Board for further approval on January 22, 2024 and authorization to transmit to the California Department of Finance under dissolution law by February 1, 2024.

BACKGROUND:

On December 29, 2011, the California Supreme Court issued its decision in CRA v. Matosantos, upholding Assembly Bill (“AB”)x1 26, which dissolved all redevelopment agencies in California, and overturning ABx1 27, the “voluntary alternative redevelopment program.” With the voluntary redevelopment program provided for in ABx1 27 having been ruled unconstitutional by the Court, all California redevelopment agencies were dissolved on February 1, 2012. Successor agencies are responsible for winding down the affa irs of their respective, now -dissolved redevelopment agencies. The City of Bell (“City”) is acting as the Successor Agency to the Bell Community Redevelopment Agency (“Successor Agency”) to manage and curtail the operation of the dissolved Bell Community Redevelopment Agency (“Redevelopment Agency”).

As Successor Agency, the City is responsible for all of the assets, properties, contracts, leases, obligations, and records of the former Redevelopment Agency. For the Successor Agency to continue paying oblig ations of the former Redevelopment Agency, ABx1 26 requires the Successor Agency to prepare an annual ROPS setting forth the Successor Agency’s payment obligations for two six -month periods. The ROPS shall include any bonds, loans, payments required by the federal government, contracts, costs associated with Disposition and Development Agreements, and other similar obligations to third parties.

DISCUSSION:

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First District Oversight Board (“Oversight Board”) for approval before it can be submitted to the DOF, State Controller’s Office, and the County Auditor-Controller no later than February 1, 2024.

The City may face a fine of $10,000 per day for ROPS submitted after this deadline.

DOF provided the Successor Agency with a partially completed ROPS form to standardize the form and make it consistent with DOF’s automated tracking system.

ROPS Items

The items on ROPS 2024-25 are substantially the same as those included on the prior 2023-24 ROPS. The items include:

1. Bond Debt Service Payments, Continuing Disclosure Costs and Trustee Fees (#1, #2 & #3) – Payments and costs for required payments and reporting requirements.

2. The Werrlein Promissory Note and related Legal Costs (#4 & #5) – May be wholly or partially repaid with proceeds from the sale of the Werrlein property (planned). The terms and payment schedule may change after the sale of the property.

3. Repayment of SERAF Loans (#8 and #9) - The former Redevelopment Agency borrowed money from its Low and Moderate -Income Housing Fund to make two statewide Supplemental Educational Revenue Allocation Fund (SERAF) payments imposed by the State in 2009 -10 and 2010-11. The total outstanding amount due on line item #8 2009-10 loan was paid in full on Jan. 13, 2022 and is now retired. The total outstanding amount due on line item #9 2010-11 loan will be paid in Jan. 2023 with RPTTF granted in the previous fiscal year, so that it may also be retired in the upcoming fiscal year.

4. Successor Agency Administrative Costs (#10) $173,076.00 is being requested per DOF’s suggestion that the maximum of $250,000 as allowed by State Law appeared excessive given the line items that have been retired. It was reduced proportionally by the number of retired items.

5. LAUSD Settlement Payment and related Legal Costs (#21) – As required by the Settlement Agreement between the Successor Agency and LAUSD and associated legal costs related to the Agreement.

Copies of the ROPS 24-25 and the FY 24-25 Administrative Budget are Exhibits A and B respectively, to the Oversight Board Resolution, which is included as Attachment 1 to this report, in addition to the Successor Agency’s Staff Report to the Oversight Board.

Upon receipt of an Oversight Board-Approved ROPS, DOF has 45 days to make its determination of the enforceable obligations, including amounts and funding sources. Within five business days of DOF’s determination, the Successor Agency may request additional review and an opportunity to meet and confer on disputed items. DOF has until 15 days prior to the date for property tax distribution to make its final decision after the meet and confer. The RPTTF distribution dates for the ROPS 24-25A period and 24-25B period are on or about June 1, 2024 and January 2, 2025, respectively.

FISCAL IMPACT:

None until approved by DOF. If the DOF approves the ROPS 24-25 as submitted, it is anticipated that the Successor Agency will receive $2,371,732 of Redevelopment Property Tax Trust Fund

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(“RPTTF”), which includes $173,076 for administrative expenses, to pay the Successor Agency’s enforceable obligations for the fiscal year July 1, 2024 to June 30, 2025.

Preparation and administration of ROPS 24-25 is funded through the Successor Agency’s annual administrative allowance. The California Health and Safety Code requires a $10,000 per day fine if the ROPS is not submitted to the DOF (after required Oversight Board Approval) by the February 1, 2024 deadline. If the ROPS 24-25 is not approved by the Successor Agency at the January 10, 2024 meeting, it may compromise the ability to meet the legal deadline and could potentially result in a fine being assessed against the City.

ATTACHMENTS

1. Successor Agency Staff Report to Oversight Board with Resolution to Approve ROPS 24-25 and the 24-25 Administrative Budget
• Exhibit A: ROPS 24-25 covering July 2024 through June 2025 • Exhibit B: Administrative Budget Fiscal Year 2024-25.

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City of Bell
Agenda Report

DATE: January 10, 2024

TO: Successor Agency

FROM: Rickey Manbahal, Finance Director

APPROVED
BY: ________________________________________
Michael L. Antwine II, City Manager

SUBJECT: Approval of the Recognized Obligation Payment Schedule (“ROPS”) and Administrative Budget for FY 2024-25 for DOF Submission

RECOMMENDATION:

It is recommended that the Members of the Successor Agency approve the Recognized Obligation Payment Schedule (“ROPS”) for the 2024-25 Fiscal Period of July 1, 2024 to June 30, 2025 and the Administrative Budget for the 2024-25 Fiscal Period with the attached documents for submission to the Oversight Board for further approval on January 22 , 2024 and authorization to transmit to the California Department of Finance under dissolution law by February 1, 2024.

BACKGROUND:

On December 29, 2011, the California Supreme Court issued its decision in CRA v. Matosantos, upholding Assembly Bill (“AB”)x1 26, which dissolved all redevelopment agencies in California, and overturning ABx1 27, the “voluntary alternative redevelopment program.” With the voluntary redevelopment program provided for in ABx1 27 having been ruled unconstitutional by the Court, all California redevelopment agencies were dissolved on February 1, 2012. Successor agencies are responsible for winding down the affairs of their respective, now -dissolved redevelopment agencies. The City of Bell (“City”) is acting as the Successor Agency to the Bell Community Redevelopment Agency (“Successor Agency”) to manage and curtail the operation of the dissolved Bell Community Redevelopment Agency (“Redevelopment Agency”).

As Successor Agency, the City is responsible for all of the assets, properties, contracts, leases, obligations, and records of the former Redevelopment Agency. For the Successor Agency to continue paying obligations of the former Redevelopment Agency, ABx1 26 requires the Successor Agency to prepare an annual ROPS setting forth the Successor Agency’s payment obligations for two six -month periods. The ROPS shall include any bonds, loans, payments required by the federal government, contracts, costs associated with Disposition and Development Agreements, and other similar obligations to third parties.

DISCUSSION:

HSC Section 34177(l) requires the Successor Agency to prepare a ROPS showing all the obligations of the former Redevelopment Agency and the sources of funds for repaying

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obligations. This ROPS 2024-25 must be approved by this Successor Agency, then sent to the First District Oversight Board (“Oversight Board”) for approval before it can be submitted to the DOF, State Controller’s Office, and the County Auditor-Controller no later than February 1, 2024.

The City may face a fine of $10,000 per day for ROPS submitted after this deadline.

DOF provided the Successor Agency with a partially completed ROPS form to standardize the form and make it consistent with DOF’s automated tracking system.

ROPS Items

The items on ROPS 2024-25 are substantially the same as those included on the prior 2023-24 ROPS. The items include:

1. Bond Debt Service Payments, Continuing Disclosure Costs and Trustee Fees (#1, #2 & #3) – Payments and costs for required payments and reporting requirements.

The total outstanding amount due on line item #8 2009- 10 loan was paid in full on Jan. 13, 2022 and is now retired. The total outstanding amount due on line item #9 2010-11 loan will be paid in Jan. 2023 with RPTTF granted in the previous fiscal year, so that it may also be retired in the upcoming fiscal year.

5. LAUSD Settlement Payment and related Legal Costs ( #21) – As required by the Settlement Agreement between the Successor Agency and LAUSD and associated legal costs related to the Agreement.

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FISCAL IMPACT:

None until approved by DOF. If the DOF approves the ROPS 24-25 as submitted, it is anticipated that the Successor Agency will receive $ 2,371,732 of Redevelopment Property Tax Trust Fund (“RPTTF”), which includes $173,076 for administrative expenses, to pay the Successor Agency’s enforceable obligations for the fiscal year July 1, 2024 to June 30, 2025.

ATTACHMENTS

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First District Oversight Board Agenda Staff Report

DATE: January 22, 2024

TO: Steve Koffroth, Chair

FROM: Staff to the Successor Agency to the Bell Community Redevelopment Agency

SUBJECT: RESOLUTION NO. OB-24-01 APPROVING THE RECOGNIZED OB LIGATION PAYMENT SCHEDULE FOR THE 2024-25 FISCAL PERIOD OF JULY 1, 2024 TO JUNE 30, 2025 AND APPROVING T HE A DMINISTRATIVE BUDGET FOR THE 24-25 FISCAL PERIOD; A UTHORIZING TRANSMITTAL TO THE STATE

DEPARTMENT OF FINANCE UNDER DISSOLUTION LAW

RECOMMENDATION:

It is recommended that the First District Oversight Board:

Adopt Resolution No. OB-24-01 approving the Recognized Obligation Payment Schedule for the annual fiscal period of July 1, 2024 to June 30, 2025 (“ROPS 24-25”) and approving the Administrative Budget included therewith, subject to submittal to, and review by the State of California, Department of Finance (“DOF”).

BACKGROUND:

On December 29, 2011, the California Supreme Court i ssued its d ecision in CRA v. Matosantos, upholding A ssembly Bill (“AB”)x1 26, which dissolved all r edevelopment agencies in California, and overturning ABx1 27, the “voluntary alternative redevelopment program.” W ith the voluntary redevelopment program provided for in ABx1 27 having be en ruled unconstitutional by the Court, all California redevelopment agencies were dissolved on F ebruary 1, 2012. Successor agencies ar e responsible for winding down the affairs of their respective, now-dissolved redevelopment agencies. The City of Bell (“City”) is acting as the Successor Agency to the Bell Community Redevelopment Agency (“Successor Agency”) to m anage and curtail the operation of the dissolved Bell Community Redevelopment Agency (“Redevelopment Agency”).

As Successor Agency, the City is responsible for all of the assets, properties, contracts, leases, obligations, and records of the former Redevelopment Agency. For the Successor Agency to continue paying obligations of the former Redevelopment Agency, ABx1 26 requires the Successor Agency to prepare an annual ROPS setting forth the Successor Agency’s payment obligations for two six-month periods. The ROPS sh all include any bonds, loans, payments required by the federal government, contracts, costs associated with Disposition and Development Agreements, and other similar obligations to third parties.

DISCUSSION:

HSC Section 34177(l) requires the Successor Agency to prepare a ROPS showing all the obligations of the former Redevelopment Agency and the sources of funds for repaying obligations. This ROPS 24-25 was approved by the Successor Agency on Jan. 11, 2023 and must now be approved by the First District Oversight Board (“Oversight Board”) before it can be submitted to the DOF, State Controller’s Office, and the County Auditor-Controller by no later than February 1, 2024 . The City may face a fine of $10,000 per day for ROPS submitted after this deadline.

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DOF provided the Successor Agency with a partially completed ROPS form to standardize the form and make it consistent with DOF’s automated tracking system.

ROPS Items

The items on ROPS 24-25 are substantially the same as those included on prior ROPS. The ROPS items include:

1. Bond Debt Service Payments, Continuing Disclosure Costs and Trustee Fees (Nos.1, 2, and 3) – Payments and costs for required payments and reporting requirements.

2. The Werrlein Promissory Note and related Legal Costs ( Nos.4 and 5) – May be wholly or partially repaid with proceeds from the sale of the Werrlein property (planned). The terms and payment schedule may change after the sale of the property.

3. Repayment of SERAF Loans (Nos. 8 and 9) - The former Redevelopment Agency borrowed money from its Low and Moderate -Income Housing Fund to make two statewide Supplemental Educational Revenue Allocation Fund (SERAF) payments imposed by the State in 2009- 10 and 2010-11. The total outstanding amount due on line item #8 2009-10 loan was paid in full on Jan. 13, 2022 and is now retired. The total outstanding amount due on line item #9 2010 -11 loan will be paid in Jan. 2023, so that it may also be retired in the upcoming fiscal year.

4. Successor Agency Administrative Costs (No.10) – $173,076.00 is being requested per DOF’s suggestion that the maximum of $250,000 as allowed by State Law appeared excessive given the line items that have been retired. It was reduced proportionally by the number of retired items.

5. LAUSD Settlement Payment and related Legal Costs (No.21) – As required by the Settlement Agreement between the Successor Agency and LAUSD and associated legal costs related to the Agreement.

Copies of the ROPS 24-25 and the FY 24-25 Administrative Budget are included with the Oversight Board Resolution, which is included as Attachment 1 to this agenda report.

Upon receipt of an Oversight Board-approved ROPS, DOF has 45 days to make its determination of the enforceable obligations, including amounts and funding sources. Within five business days of DOF’s determination, the Successor Agency may request additional review and an opportunity to meet and confer on disputed items. DOF has until 15 days prior to the date for property tax distribution to make its final decision after the meet and confer. The RPTTF distribution dates for the ROPS 24-25A period and 24-25B period are on or about June 1, 2024 and January 2, 2025, respectively.

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FISCAL IMPACT:

None until approved by DOF. If the DOF approves the ROPS 24-25 as submitted, it is anticipated that the Successor Agency will receive $2,371,732 of Redevelopment Property Tax Trust Fund (“RPTTF”), which includes $ 173,076 for administrative expenses, to pay the Successor Ag ency’s enforceable obligations for the fiscal year July 1, 2024 to June 30, 2025.

ATTACHMENTS

1. Resolution No. OB-24-01 to Approve ROPS 24-25 and the 24-25 Administrative Budget • Exhibit A: ROPS 24-25 covering July 2024 through June 2025 • Exhibit B: Administrative Budget Fiscal Year 2024-25.

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IRST DISTRICT OVERSIGHT BOARD
RESOLUTION NO. OB-24-01

A RESOLUTION OF THE LOS ANGELES COUNTY FIRST SUPERVISORIAL

DISTRICT CONSOLIDATED OVERSIGHT BOARD APPROVING THE
RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE 24-25 FISCAL PERIOD OF JULY 1, 2024 TO JUNE 30, 2025 , INCLUDING THE

ADMINISTRATIVE BUDGET INCLUDED THEREWITH, OF THE SUCCESSOR

AGENCY TO THE BELL COMMUNITY REDEVELOPMENT AGENCY, SUBJECT

TO SUBMITTAL TO, AND REVIEW BY, THE STATE DEPARTMENT OF

FINANCE PURSUANT TO THE DISSOLUTION LAW, AND AUTHORIZING

POSTING THEREOF FOR THE SUCCESSOR AGENCY TO THE BELL

COMMUNITY REDEVELOPMENT AGENCY

WHEREAS, pursuant to Assembly B ill (AB) x1 26, enacted on June 28, 2011, and as subsequently amended by AB 1484, SB 341, and S B 107 ("Dissolution Act"), the Bell Community Redevelopment Agency (“Former Agency”) was dissolved as of February 1, 2012, and the City of Bell elected to serve as the Successor Agency to the Former Agency (“Bell Successor Agency”); and

WHEREAS, pursuant to the California Health and Saf ety Code Section 34179 (q), commencing on and after July 1, 2018, t he County of Los Angeles, where more than 40 oversight boards were created by the Dissolution Act, shall have five consolidated oversight boards each encompassing the five supervisorial districts; and

WHEREAS, the First Supervisorial District Consolidated Oversight Board ("First District Oversight Board") has jurisdiction over the Bell Successor Agency; and

WHEREAS, the First District Consolidated Oversight Board held a special meeting on January 22, 2024; and

WHEREAS, every oversight board, both the prior local oversight b oard and this newly established First District Oversight Board, has fiduciary responsibilities to the holders of enforceable obligations and to the taxing entities that benefit from distributions of property tax and other revenues under the Dissolution Law, in particular Section 34188; and

WHEREAS, Sections 34177(m), 34177(o) and 34179 provide that each Recognized Obligation Payment Schedule (“ROPS”) is submitted to, reviewed and approved by the successor agency and then reviewed and approved by the oversight board before final review and approval by the State Department of Finance (“DOF”); and

WHEREAS, Section 34177(o) of the Dissolution Law requires that the annual ROPS for the 2024-25 fiscal period of July 1, 2024 to June 30, 2025 (“ROPS 24-25”) be submitted to the DOF by the Bell Successor Agency, after approval by the First District Oversight Board, no later than February 1, 2024; and

W
HEREAS, the ROPS 24-25, in the form required by DOF, is attached as Exhibit A and the FY 24-25 Administrative Budget is attached as Exhibit B, and both attachments are fully incorporated by this reference; and

WHEREAS, the Bell Successor Agency has reviewed and approved the ROPS 24- 25, and the FY 24-25 Administrative Budget at its meeting held on January 10, 2024; and

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W
HEREAS, the First District Oversight Board has reviewed the Bell Successor Agency’s ROPS 24-25 and desires to approve the ROPS 24-25 , including the FY 24-25 Administrative Budget included therewith, and to authorize the Bell Successor Agency to transmit such ROPS to the DOF, with copies to the County of Los Angeles Auditor-Controller, and the State Controller’s Office pursuant to the Dissolution Law.

NOW THEREFORE, THE LOS ANGELES COUNTY FIRST SUPERVISORIAL

DISTRICT CONSOLIDATED OVERSIGHT BOARD DOES HEREBY RESOLVE AND FIND AS FOLLOWS:

SECTION 1. The foregoing recitals are incorporated into this Resolution by this reference and constitute a material part of this Resolution.

SECTION 2. The First District Oversight Board hereby approves the ROPS 24-25 submitted therewith and incorporated by this reference, including the FY 24-25 Administrative Budget submitted therewith.

SECTION 3. The First District Oversight Board authorizes transmittal to the DOF of the ROPS 24-25 with copies to the County of Los Angeles Auditor- Controller, and the State Controller’s Office.

SECTION 4. The Bell City Manager/Executive Director and/or his authorized designee, is directed to post this Resolution, including the ROPS 24-25, on the City’s website pursuant to the Dissolution Law.

SECTION 5. Under Section 34179(h) written notice and information about certain actions taken by the First District Oversight Board shall be provided to the DOF by electronic means and in a manner of DOF’s choosing. The First District Oversight Board’s action shall become effective five (5) business days after notice in the manner specified by the DOF unless the DOF requests a review.

SECTION 6. The Clerk of the Board shall certify to the adoption of this Resolution.

PASSED, APPROVED AND ADOPTED this 22nd day of January 2024, by the following vote:

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Ayes:

Noes:

Abstain:

Absent:

ATTEST:

Steve Koffroth, Chair
First Supervisorial District
Consolidated Oversight Board

Olga J. Castaneda, Deputy Clerk

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EXH
IBIT A

RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD OF JULY 1, 2024 TO JUNE 30, 2025

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PLACEHOLDER

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PLACEHOLDER

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PLACEHOLDER

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PLACEHOLDER

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EXH
IBIT B

FISCAL YEAR 2022-23 ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1, 2024 TO JUNE 30, 2025

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EXHIBIT B
BUDGET FOR ADMINISTRATIVE EXPENSES FY 2024-25

BELL SUCCESSOR AGENCY

ESTIMATED REVENUE
Type Total FY Allocation
Estimated Property Tax Allocated to Successor Agency $ 173,076 Administrative Cost Allowance $ 173,076

ESTIMATED EXPENSES

PERSONNEL COSTS
Position Tasks Total Annual Cost Admin % Total Admin Cost

Community Development Director

Finance Director

Economic Development Analyst

Accounting Manager

City Manager

City Clerk

Accounting Specialist
Review documents, attend meetings,
coordination, and respond to
Oversight Board, property disposition.

Review agenda items, research for
ROPS, respond to DOF, and Auditor.

Keep records of Successor Agency's
properties, developer agreements.

Process and review all invoices, loan
payments, General Ledger analysis.

Oversee all Successor Agency
transactions.

Coordinate Successor Agency agenda
items, resolutions, ordinances.

Record and post into General
Ledger, keep records.

$ 170,000

$ 81,000

$ 127,000

$ 240,000

$ 95,000

$ 50,000

15%

20%

13%

20%

10%

17%

$ 13,211

$ 17,615

$ 11,450

$ 17,615

$ 4,404

$ 8,808

$ 14,973
Sub‐Total Personnel Costs $ 88,076

OTHER ADMINISTRATIVE COSTS
Item Tasks Total Annual Cost Admin % Total Admin Cost

Consultants

Legal Counsel
Prepare ROPS, PPA, staff reports,
resolutions, attend meetings, coordinate
with DOF and A/C, cash flow projects, etc.

Review staff reports, resolutions, provide
legal services as needed.

$ 35,000

$ 50,000

100%

$ 35,000

$ 50,000
Sub‐Total Other Administrative Costs $ 85,000

TOTAL ADMINISTRATIVE COSTS $ 173,076

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City of Bell
Agenda Report

DATE: January 10, 2024

TO: Honorable Mayor and Members of the City Council

FROM: Sergio Ibarra, Human Resources and Risk Manager

APPROVED Michael L. Antwine II (e-signature)
BY: ________________________________________
Michael L. Antwine, II City Manager

SUBJECT: Consideration of approval and adopting Resolution identifying Employee Classifications, Compensation Levels, and Salary Ranges and Rescinding Resolution No. 2023- 89 RECOMMENDATION:

It is recommended that the City Council read by title only, waiver further reading , and adopt Resolution No. 2024-01 titled:

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BELL,

CALIFORNIA, IDENTIFYING EMPLOYEE CLASSIFICATIONS,

COMPENSATION LEVELS, AND SALARY RANGES, AND
RESCINDING RESOLUTION NO. 2023-89

DISCUSSION AND BACKGROUND:

California’s minimum wage increased from $15.50 per hour to $16.00 per hour for all employers effective January 1, 2024. On December 13, 2023, the City Council adopted Resolution 2023- 89 to reflect the State mandate. Due to an oversight on the classification of Management Aide, staff is presenting a Resolution to reflect an adjustment to this classification to be consistent with all classifications contained on the Hourly Salaries Schedule.

To eliminate the potential for rate compaction between the City’s hourly classifications, a unilateral adjustment of $0.50 was provided to the hourly classifications on Step A. Steps B through E were adjusted in accordance with City procedures of applying a 5% differential between each step.

FISCAL IMPACT:

The minimum wage adjustments were included in the budget preparation and adoption of the Fiscal Year 2023-24 Annual Budget.

ATTACHMENTS:

1. Resolution No. 2024-01 (Classification and Compensation Resolution Update)

AGENDA ITEM 2

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ATTACHMENT 1

RESOLUTION IDENTIFYING EMPLOYEE

CLASSIFICATIONS, COMPENSATION LEVELS, AND PAY RANGES

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RESOLUTION NO. 2024-01

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

BELL, CALIFORNIA, IDENTIFYING EMPLOYEE

CLASSIFICATIONS, COMPENSATION LEVELS, AND PAY

RANGES, AND RESCINDING AND REPLACING RESOLUTION
NO. 2023-89

WHEREAS, Article XI, Section 5(b) of the California Constitution grants plenary authority as a Charter City to the City of Bell (“City”) for setting the amount, method, and manner of compensation of its employees; and

WHEREAS, Sections 2.08.060, 2.12.020, 2.12.040, and 2.84.030(C) of the Bell Municipal Code authorize the City Council of the City to set and approve, from time to time, the compensation levels and pay ranges of its employees; and

WHEREAS, the California Public Employees Retirement System (“CalPERS”), through California Code of Regulations, Title 2, Section 570.5, requires, among other things, that all CalPERS member employers, including the City, list their compensation levels and pay ranges for every employee position on a publicly available pay schedule or document approved an d adopted by the governing body; and

WHEREAS, the California state-wide minimum wage increased from $15.50 to $16.00 per hour, effective January 1, 2024;

WHEREAS, on December 13, 2023, the City Council a pproved the Resolution updating the Part-time Hourly rates to reflect the change in minimum rates; and

WHEREAS, To eliminate the potential for rate compaction between the City’s hourly classifications, a unilateral adjustment of $0.50 was provided to the hourly classifications on Step A. Steps B thr ough E were adjusted in accordance with City salary tables of applying a 5% differential between each step; and

WHEREAS, the classification of Management Aide had the incorrect salary ranges in the updated salary tables for part time employees and is herewith presented for adjustment and inclusion to be consistent with all classifications contained on the hourly salary schedule; and

WHEREAS, the City Council acknowledges the compensation levels and pay ranges of the positions set forth in Exhibits “A” through “E” attached hereto; and

WHEREAS, the compensation levels and pay ranges are consistent with the City’s current memoranda of understanding with its employee organizations as of the date this resolution is adopted; and

WHEREAS, the City Council now desires to rescind Resolution No. 2023-89 and replace it with this Resolution.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BELL DOES HEREBY RESOLVE AS FOLLOWS:

SECTION 1 . The annual minimum and maximum compensation levels of those classifications designated as Elected Officials, Executive Management, and Administrative Management effective July 31, 2023 are as set forth in Exhibit “A” hereto.

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SECTION 2 . The annual minimum and maximum compensation levels of those classifications designated as Elected Officials, Executive Management, and Administrative Management effective January 29, 2024 are set forth in Exhibit “B” hereto.

SECTION 3. The monthly compensation levels of the full-time classifications effective as of September 25, 2023 are set forth in Exhibit “C” hereto.

SECTION 4 . The hourly compensation levels of the City’s part -time classifications effective as of January 1, 2023 are set forth as Exhibit “D” hereto.

SECTION 5. The compensation levels of the City’s part -time classifications effective as of January 1, 2024 as set forth as Exhibit “E” hereto. Updates are highlighted in yellow.

SECTION 6. Resolution No. 2023-89 is hereby rescinded and replaced by this Resolution as of the effective date of this Resolution.

SECTION 7. The City Clerk shall certify as to the adoption of this Resolution.

PASSED, APPROVED AND ADOPTED this 10th day of January, 2024.

_____________________________
Fidencio J. Gallardo, Mayor
APPROVED AS TO FORM:

__________________________
David Aleshire, City Attorney

CERTIFICATE OF ATTESTATION AND ORIGINALITY

I, Angela Bustamante, City Clerk of the City of Bell, hereby attest to and certify that the foregoing resolution is the original resolution adopted by the Bell City Council at its regular meeting held on the 10th day of January, 2024 by the following vote:

AYES:

NAES:

ABSENT:

ABSTAIN:

______________________________
Angela Bustamante, City Clerk

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EXHIBIT “A”
Effective July 31, 2023

Annual Salaries

ELECTED OFFICIALS MINIMUM MAXIMUM
City Council 8,076 8,076

EXECUTIVE MANAGEMENT MINIMUM MAXIMUM
City Manager 189,703.59 234,150.00

ADMINISTRATIVE

MANAGEMENT
Step A Step B Step C Step D Step E
Chief of Police 178,321.20 182,477.14 186,824.22 191,274.86 195,831.53 Community Development Director 144,812.85 148,974.34 153,255.42 157,659.51 162,190.39 Community Services Director 129,516.16 136,656.70 144,190.91 152,140.52 160,528.39 Finance Director 152,825.00 160,466.25 168,489.56 176,914.04 185,760.00 Police Captain 139,320.76 146,286.80 153,601.14 161,281.20 169,345.26 Police Lieutenant 111,009.15 116,559.61 122,387.59 128,506.97 134,932.32 Public Works Director 144,812.81 152,053.45 159,656.12 167,638.93 176,020.87

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EXHIBIT “B”
Effective January 29, 2024

Annual Salaries

ELECTED OFFICIALS MINIMUM MAXIMUM
City Council 8,076 8,076

EXECUTIVE MANAGEMENT MINIMUM MAXIMUM
City Manager 189,703.59 234,150.00

ADMINISTRATIVE

MANAGEMENT
Step A Step B Step C Step D Step E
Chief of Police 183,578.14 187,951.45 192,428.95 197,013.10 201,706.48 Community Development Director 144,812.85 148,974.34 153,255.42 157,659.51 162,190.39 Community Services Director 129,516.16 136,656.70 144,190.91 152,140.52 160,528.39 Finance Director 152,825.00 160,466.25 168,489.56 176,914.04 185,760.00 Police Captain 139,320.76 146,286.80 153,601.14 161,281.20 169,345.26 Police Lieutenant 111,009.15 116,559.61 122,387.59 128,506.97 134,932.32 Public Works Director 144,812.81 152,053.45 159,656.12 167,638.93 176,020.87

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EXHIBIT “C”
Effective September 25, 2023

MONTHLY SALARIES

FULL-TIME CLASSIFICATIONS STEP STEP STEP STEP STEP

A B C D E
Accountant 6,133.32 6,439.98 6,761.98 7,100.08 7,455.09 Accounting Asst I 3,745.30 3,932.56 4,129.19 4,335.65 4,552.44 Accounting Asst II 4,033.40 4,235.07 4,446.83 4,669.17 4,902.63 Account Clerk 3,435.36 3,607.13 3,787.48 3,976.86 4,175.70 Accounting Manager 9,495.91 9,970.70 10,469.24 10,992.70 11,542.33 Accounting Specialist 4,813.11 5,053.77 5,306.46 5,571.78 5,850.37 Administrative Specialist 4,540.67 4,767.71 5,006.09 5,256.40 5,519.22 Assistant City Clerk 5,276.08 5,539.88 5,816.88 6,107.72 6,413.11 Assistant to the City Manager 7,554.59 7,932.32 8,328.94 8,745.39 9,182.65 Assistant Planner 5,778.79 6,067.73 6,371.11 6,689.67 7,024.15 Associate Planner 6,258.82 6,571.76 6,900.35 7,245.37 7,607.63 Associate Civil Engineer 7,435.57 7,807.35 8,197.72 8,607.60 9,037.98 Business License Officer 2,967.67 3,116.05 3,271.85 3,435.45 3,607.22 City Clerk 7,554.59 7,932.32 8,328.94 8,745.39 9,182.65 City Treasurer 5,557.32 5,835.19 6,126.95 6,433.29 6,754.96 Code Enforcement Officer 5,067.11 5,320.46 5,586.49 5,865.81 6,159.10 Code Enforcement Supervisor 6,607.58 6,937.96 7,284.86 7,649.11 8,031.56 Community Services Manager 7,554.59 7,932.32 8,328.94 8,745.39 9,182.65 Community Services Technician 4,271.54 4,485.12 4,709.38 4,944.85 5,192.09 Contracts and Facilities Manager 7,554.59 7,932.32 8,328.94 8,745.39 9,182.65 Deputy Director of Community Services 8,931.33 9,377.90 9,846.79 10,339.13 10,856.09 Dispatcher 4,933.71 5,180.40 5,439.42 5,711.39 5,996.96 Economic Development Specialist 5,276.08 5,539.88 5,816.88 6,107.72 6,413.11 Environmental Programs Manager 7,554.59 7,932.32 8,328.94 8,745.39 9,182.65 Executive Assistant 5,651.33 5,933.89 6,230.59 6,542.12 6,869.22

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EXHIBIT “C”
Effective September 25, 2023

MONTHLY SALARIES

FULL-TIME CLASSIFICATIONS STEP STEP STEP STEP STEP

A B C D E
Filling Officer 3,745.29 3,932.55 4,129.18 4,335.64 4,552.42 Housing Coordinator 4,033.40 4,235.07 4,446.83 4,669.17 4,902.63 Housing Manager 7,554.59 7,932.32 8,328.94 8,745.39 9,182.65 Housing Rehabilitation Technician 5,017.13 5,267.99 5,531.39 5,807.96 6,098.35 Housing Specialist 5,937.81 6,234.70 6,546.43 6,873.75 7,217.44 Human Resources and Risk Manager 7,554.59 7,932.32 8,328.94 8,745.39 9,182.65 Maintenance Worker I 3,864.05 4,057.26 4,260.12 4,473.13 4,696.78 Maintenance Worker II 4,060.97 4,264.02 4,477.22 4,701.08 4,936.14 Management Analyst 5,276.08 5,539.88 5,816.88 6,107.72 6,413.11 Office Assistant I 3,122.55 3,278.68 3,442.61 3,614.74 3,795.48 Office Assistant II 3,650.49 3,833.01 4,024.66 4,225.90 4,437.19 Office Coordinator 4,333.99 4,550.69 4,778.23 5,017.14 5,268.00 Park Maintenance Worker 4,060.97 4,264.02 4,477.22 4,701.08 4,936.14 Parking Enforcement Officer 4,152.77 4,360.41 4,578.43 4,807.35 5,047.72 Permit Technician 4,527.84 4,754.23 4,991.94 5,241.54 5,503.61 Police Officer 6,440.05 6,762.05 7,100.16 7,455.16 7,827.92 Police Sergeant 7,598.66 7,978.60 8,377.53 8,796.41 9,236.22 Police Records Specialist 4,033.40 4,235.07 4,446.83 4,669.17 4,902.63 Police Records Supervisor 6,067.48 6,370.86 6,689.40 7,023.87 7,375.06 Property & Evidence Specialist 4,722.50 4,958.63 5,206.56 5,466.89 5,740.23 Public Works Manager 7,817.67 8,208.55 8,618.98 9,049.93 9,502.43 Public Works Field Supervisor 6,033.29 6,334.95 6,651.70 6,984.28 7,333.50 Recreation Coordinator 4,851.90 5,094.50 5,349.22 5,616.69 5,897.52 Recreation Supervisor 6,339.67 6,656.65 6,989.48 7,338.96 7,705.91

EXHIBIT “C”

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Effective September 25, 2023

MONTHLY SALARIES

FULL-TIME CLASSIFICATIONS STEP STEP STEP STEP STEP

A B C D E
Senior Accountant 7,272.31 7,635.92 8,017.72 8,418.60 8,839.53 Senior Code Enforcement Officer 6,089.39 6,393.86 6,713.56 7,049.24 7,401.70 Senior Economic Development
Specialist 6,067.48 6,370.86 6,689.40 7,023.87 7,375.06 Senior Human Resource Analyst 6,067.48 6,370.86 6,689.40 7,023.87 7,375.06 Senior Management Analyst 6,067.48 6,370.86 6,689.40 7,023.87 7,375.06 Senior Parking Enforcement Officer 5,927.63 6,224.01 6,535.21 6,861.97 7,205.07 Senior Recreation Supervisor 6,294.07 6,608.78 6,939.22 7,286.18 7,650.49

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EXHIBIT “D”
EFFECTIVE JANUARY 1, 2023

Hourly Salaries

PART-TIME CLASSIFICATIONS STEP STEP STEP STEP STEP

A B C D E
Cashier/Locker Room Attendant 15.50 16.28 17.09 17.94 18.84 Code Enforcement Officer 22.44 23.56 24.74 25.98 27.28
Custodian I 15.50 16.28 17.09 17.94 18.84
Custodian II 16.53 17.36 18.22 19.14 20.09
Dispatcher 25.45 26.72 28.06 29.46 30.93
Lifeguard/ Swim Instructor 16.53 17.36 18.22 19.14 20.09 Management Aide 22.77 23.91 25.10 26.36 27.68
Office Aide 16.53 17.36 18.22 19.14 20.09
Office Clerk 15.50 16.28 17.09 17.94 18.84
Office Technician 20.14 21.15 22.20 23.31 24.48
Parking Enforcement Officer 20.14 21.15 22.20 23.31 24.48 Police Cadet 20.14 21.15 22.20 23.31 24.48
Pool Manager 20.14 21.15 22.20 23.31 24.48
Public Works Maintenance Worker 20.14 21.15 22.20 23.31 24.48 Recreation Leader I 15.50 16.28 17.09 17.94 18.84
Recreation Leader II 16.53 17.36 18.22 19.14 20.09
Recreation Leader III 17.83 18.72 19.66 20.64 21.67
Recreation Leader IV 20.14 21.15 22.20 23.31 24.48
Senior Lifeguard 17.83 18.72 19.66 20.64 21.67

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EXHIBIT “E”
Effective January 1, 2024

HOURLY SALARIES

PART-TIME CLASSIFICATIONS STEP STEP STEP STEP STEP

A B C D E
Cashier/Locker Room Attendant 16.00 16.80 17.64 18.52 19.45 Code Enforcement Officer 22.94 24.09 25.29 26.56 27.88 Custodian I 16.00 16.80 17.64 18.52 19.45 Custodian II 17.03 17.88 18.78 19.71 20.70 Dispatcher 25.95 27.25 28.61 30.04 31.54 Lifeguard/Swin Instructor 17.03 17.88 18.78 19.71 20.70 Management Aide 23.27 24.43 25.65 26.93 28.28 Office Aide 17.03 17.88 18.78 19.71 20.70 Office Clerk 16.00 16.80 17.64 18.52 19.45 Office Technician 20.64 21.67 22.75 23.89 25.08 Parking Enforcement Officer 20.64 21.67 22.75 23.89 25.08 Police Cadet 20.64 21.67 22.75 23.89 25.08 Pool Manager 20.64 21.67 22.75 23.89 25.08 Public Works Maintenance Worker 20.64 21.67 22.75 23.89 25.08 Recreation Leader I 16.00 16.80 17.64 18.52 19.45 Recreation Leader II 17.03 17.88 18.78 19.71 20.70 Recreation Leader III 18.33 19.25 20.21 21.22 22.28 Recreation Leader IV 20.64 21.67 22.75 23.89 25.08 Senior Lifeguard 18.33 19.25 20.21 21.22 22.28

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City of Bell
Agenda Report

DATE: January 10, 2024

TO: Mayor and Members of the City Council

FROM: Rickey S. Manbahal, Finance Director

APPROVED Michael L. Antwine (e-signature)
BY: _______________________________
Michael L. Antwine II, City Manager

SUBJECT: Approve a Transfer Funds to the City of Bell Section 115 Trust for OPEB and Pension Liabilities

RECOMMENDATION:

It is recommended that the City C ouncil approve a transfer of One Million and Five Hundred Thousand Dollars ($1,500,000) from the Local Agency Investment Fund (LAIF) to the City’s Section 115 Trust accounts to fund future OPEB and Pension Liabilities.

BACKGROUND:

On November 8, 2023, th e City Council approved the creation of a Section 115 Trust to fund future OPEB and Pension liabilities. The city entered into an agreement with Shuster Advisory Group LLC (Suster) as our Section 115 Trust Administrator, consultant, and investment advisors.

Establishing the Section 115 Trust to prefund OPEB obligations is a Local Government Best Practice recommended by the Government Finance Officers Association (GFOA). Some of the benefits that a Section 115 Trust program can provide for agencies include utilizing these trusts as a budget stabilization tool, improving the Agencies’ overall credit rating, an opportunity to earn higher investment returns, and decrease risks though diversification of plan assets using different asset management approaches.

DISCUSSION:

Staff’s recommendation of an initial $1.5 million dollar investment is a strategic approach given the facts that the City utilizes a Pay as you Go method for our Pension and OPEB liabilities, which provides limits our budget flexibility to pay down in future pension liabilities or strategically increase annual funding allocations that arise due to unusually high increases that PERS may raise of the City annual contribution costs.

Shuster will implement a conservative investment strategy known as 80/20 Investment policy that will allocate to provide the city with several Investment strategies that combine both active and passive (index) investment solutions to take advantage of the optimum mix of investments from both an investment return and cost perspective.

The Investment Advisor will rebalance the portfolio no less than quarterly and/or when the actual AGENDA ITEM 3

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weighting differs substantially from the strategic range, if appropriate and consistent with your objectives. As such, the Market conditions may cause the account’s asset allocation to vary from the stated range from time to time.

The performance of the total Plan shall be measured over a three and five -year period. These periods are considered sufficient to accommodate the market cycles experienced with investments.

Additionally, Shuster may utilize a full range of investment vehicles when constructing the investment portfolio, including but not limited to individual securities, mutual funds, exchange - traded funds, guaranteed fixed income portfolios, and alternative investments.

The performance shall be compared to the return of the total portfolio blended benchmark shown below:

❑ ICE BofA 0-3 Mon US Treasury Bill (6%)
❑ Bloomberg US Agg Intermediate (69%)
❑ Bloomberg High Yield Corporate TR USD (5%)
❑ MSCI EAFE (7%)
❑ MSCI EM = (3%)
❑ Russell 2000 (1%)
❑ S&P 500 (7%)
❑ S&P MidCap 400 (2%)

The goal of this one -time investment is to generate approximately up to 6% interests' earnings over 3 to 5 years, which will provide the City with a supplemental f unds it can use to offset any increases to the City’s annual pension liability, based on City’s the Pay as You Go method.

The City’s current Pension and OPEB Liabilities for the fiscal year ending FY 2022 are estimated at $42,173,437. Those liabilities are allocated as follows:

1. OPEB Liabilities = $13,202,808

2. Pension – MISC Employee Plan = $10,024,660

3. Pension – Safety Employees Plan = $18,945,969

FISCAL IMPACT:

The $1,500,000 million dollar transfer will come from an unrestricted General Fund balance of $19.5 million in the City’s LAIF account.

ATTACHMENT:

NONE

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City of Bell
Agenda Report

DATE: January 10, 2024

TO: Mayor and Members of the City Council

FROM: Janine Andrade, Community Services Director

APPROVED Michael L. Antwine II (e-signature)
BY: ________________________________________
Michael L. Antwine II, City Manager

SUBJECT: Consideration to Approve a Two-Year Agreement with American Soccer Company Inc for the Provision of Youth Soccer Uniform Services

RECOMMENDATION:

It is recommended that the City Council approve a two -year agreement with American Soccer Company Inc. for the provision of uniform services for the 2024 & 2025 Youth Soccer Leagues in the amount not to exceed $53,385.05.

DISCUSSION:

The City of Bell Community Services Department administers several youth soccer programs which include a seven-month long Youth Soccer League and Pee Wee Soccer Program for Youth Ages 4-17. The registration fees for these youth sports leagues include a uniform for each registered participant and coach.

Staff solicited uniform bids on Friday, October 13, 2023, with a closing date of Thursday, November 9, 2023, with five (5) formal bids submitted via Planet Bids. This asterisk indicates if a *Vendor did not provide complete proposal and was disqualified from evaluation process.

Below are the following details the bids of all the firms:

After reviewing the bids, staff is recommending the approval of an agreement with American Soccer Company Inc. This organization has been in business for over 45 years and has provided uniform services to the following cities:

1. City of Santa Clarita – 3000 pieces (‘soccer, Basketball, Softball) uniforms

2. City of Carson – 2,000 uniforms (Soccer, Basketball & Baseball AGENDA ITEM 4

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3. City of Pasadena – 1,000 uniforms (Soccer, Basketball & Flag football)

4. City of Downey – 500 uniforms (Soccer, Baseball)

5. City of Baldwin Park – 250 uniforms (Soccer)

6. City of Montebello – 100 uniforms (Soccer)

It should be noted that although Xara Soccer provided the lowest cost, the vendor failed to provide uniform samples and did not submit cost breakdown in RFP which would have included tax and shipping cost sections. Therefore, Xara Soccer was not considered in the evaluation process of this RFP.

Additionally, Digital Dash Creative LLC provided high quality uniforms with sublimination features, but their uniform costs are the highest among all proposals.

The American Soccer Company Inc. provides a cost-efficient price while maintaining high quality uniforms conducive of desired qualities specified in scope of service such as con sisting of breathable mesh and 100% polyester. Additionally, American Soccer Company, Inc. stated they can provide add-on uniforms within a week and can have uniforms available for delivery or pickup as requested by the city.

FISCAL IMPACT:

The total bid amount is $53,383.05 for Two-Year period. There are funds available based on the following General Fund account #60-60-0000-000-7770. There is $16,375.00 available in FY 2023/2024.

Staff will budget approximately $18,500.00 in FY 2024/2025 and FY 2025/2026 will be determined later.

ATTACHMENTS:

1. RFP – FY 2024 & 2025 Soccer Program Uniforms

2. American Soccer Bid Proposal

3. American Soccer Services Agreement

4. Digital Dash Creative LLC Proposal

5. Xara Soccer proposal

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CITY OF BELL
Community Services Department

NOTICE TO BIDDERS

Proposals will be received via online Planet Bids software by 4:00 PM on Thursday, November 9, 2023. Bids will be publicly opened and read at the above stated time at the City Hall Finance Conference Room, as follows:

2024 & 2025 SOCCER PROGRAM UNIFORMS

Bids must be submitted online via Planet Bids software

The project consists of purchasing; 2024 & 2025 SOCCER PROGRAM UNIFORMS and delivering to the project site.

Withdrawal of bids shall not be permitted for a period of sixty (60) days after the date set for the opening thereof.

The City reserves the right to reject any and all bids.

All questions should be submitted through Planet Bids software addressed to: Osmond Hernandez (Recreation Coordinator) Email: [email protected]

IMPORTANT DATES

RFP ISSUED Friday, October 13, 2023
RFP QUESTIONS DUE Friday, October 20, 2023
CITY RESPONSE TO QUESTIONS Friday, October 27, 2023
RFP DUE DATE (Sample to be
included)
Thursday, November 9, 2023 by 4:00 PM
*AWARD DATE Wednesday, January 10, 2024
*Date subject to change

Visit www.cityofbell.org for full RFP/BIDS under "Business" tap

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Table of Contents
PROPOSAL FORMAT AND SUBMITTAL ............................................................................ 3 COST PROPOSAL ............................................................................................................... 4 2024 BASE BID ..................................................................................................................... 4 Pee Wee Soccer Uniforms ............................................................................................... 4 Youth Soccer Uniforms .................................................................................................... 4 Coaches Jerseys ............................................................................................................. 4 2025 BASE BID ..................................................................................................................... 5 Pee Wee Soccer Uniforms ............................................................................................... 5 Youth Soccer Uniforms .................................................................................................... 5 Coaches Jerseys ............................................................................................................. 5 COST BREAKDOWN PER PIECE/ADD-ON UNIFORMS ..................................................... 5 2024 ADD-ON UNIFORMS ...................................................................................................... 5 Pee Wee / Youth Soccer Add-On Jerseys ....................................................................... 5 Pee Wee / Youth Soccer Add-On Shorts ......................................................................... 5 Pee Wee / Youth Soccer Add-On Socks .......................................................................... 6 2025 ADD-ON UNIFORMS ...................................................................................................... 6 Pee Wee / Youth Soccer Add-On Jerseys ....................................................................... 6 Pee Wee / Youth Soccer Add-On Shorts ......................................................................... 6 Pee Wee / Youth Soccer Add-On Socks .......................................................................... 6 SOCCER UNIFORM SAMPLES ........................................................................................... 7 SPECIFICATIONS FOR 2024/2025 YOUTH SOCCER PROGRAM UNIFORMS ................. 8 PROPOSAL CONTENTS ....................................................................................................... 9 PROPOSAL EVALUATION CRITERIA ............................................................................... 10 QUALIFICATIONS OF QUALITY ............................................................................................... 10 QUALIFICATIONS OF SERVICE ............................................................................................... 10 COST EFFECTIVENESS .......................................................................................................... 10 EXPERIENCE ....................................................................................................................... 10 REFERENCES ...................................................................................................................... 10 UNIFORM REFERENCE PICTURES ................................................................................... 11 EXHIBIT A ........................................................................................................................... 11 EXHIBIT B ........................................................................................................................... 11 EXHIBIT C .......................................................................................................................... 12 EXHIBIT D .......................................................................................................................... 12 EXHIBIT E ........................................................................................................................... 13 CITY LOGO SPECS ............................................................................................................. 14

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BIDDING SHEET

In the blanks provided, fill in the prices at which you propose for the purchase and delivery of the equipment and all applicable sales and use taxes imposed pursuant to the laws of the State of California.

Bidders are advised that they must include a proportional amount of overhead, profit, delivery charges, etc., within the bid prices.

Bidder agrees to perform all the work described in the Contract Documents for the following unit prices or lump sums:

BID PROPOSAL

TODAY’S DATE: , 2023

SUBMIT BID TO: City of Bell

ADDRESS: 6330 Pine Avenue

CITY/ZIP: Bell, CA 90201

ATTN: COMMUNITY SERVICES DEPARTMENT

PHONE #: (323) 773-1596

JOB SITE NAME: 2024 & 2025 Soccer Program Uniforms
ADDRESS: 6250 Pine Ave

CITY: Bell, CA 90201

NOTE: Please use this form to submit your bid and any exclusions (if any) other notes.

You are welcome to attach any company literature or other information.

BID DUE DATE: Thursday, November 9, 2023, at 4:00 PM or before, BIDS WILL BE HANDLED ONLINE VIA PLANETBIDS.

In complete compliance and accord with the attached specifications, we hereby submit our pricing as follows to complete said project. Our pricing includes all labor, supervision, materials, taxes, freight, equipment, rentals, subcontractor charges, license s, permits, dump fees, support, insurance premiums, and any other related charges required to complete the project. All state and local codes and regulations are to be complied with in their entirety.

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We do hereby acknowledge we have reviewed the specifications, and accept all conditions of same, including this Bid Form and propose to complete this project under these conditions for the Lump Sum price and/or unit price of:
“2024 & 2025 Soccer Program Uniforms”
Due Date: Thursday, November 9, 2023 @ 4:00 PM

Cost Proposal: “Estimated Quantity” is fixated in an “up-to” capacity meaning that the city has the right to purchase less than the estimated quantity . Funds may be shifted from one task sub-budget to another so long as the Contract Sum is not exceeded.

2024 / BASE BID
NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

1 Pee Wee Soccer Uniforms – Must
consist of a jersey, shorts and socks.

250
Youth
&
Adult

NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

3 Coaches Volunteer Jerseys – Jersey
must be same style as the players.

200

Adult

NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

2 Youth Soccer Uniforms – Must consist of
a jersey, shorts and socks.

750
Youth
&
Adult

$
TOTAL WRITTEN PRICE ______________________________________________________DOLLARS

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2025 / BASE BID
NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

4 Pee Wee Soccer – Must consist of a
jersey, shorts and socks.

250
Youth
&
Adult

NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

5 Youth Soccer Uniforms – Must consist of
a jersey, shorts and socks.

750

Youth
&
Adult

NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

6 Coaches Volunteer Jerseys – Jersey
must be same style as the players.

200

Adult

COST BREAKDOWN PER PIECE/ ADD-ON UNIFORMS: “Estimated Quantity” is fixated in an “up -to” capacity meaning that the city has the right to purchase less than the estimated quantity. Funds may be shifted from one task sub-budget to another so long as the Contract Sum is not exceeded.

2024 / ADD-ON Uniforms
NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

1 Pee Wee / Youth Soccer add-on jerseys
200
Youth
&
Adult

NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

2 Pee Wee / Youth Soccer add-on shorts
200
Youth
&
Adult

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NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

3 Pee Wee / Youth Soccer add-on socks
200
Youth
&
Adult

2025 / ADD-ON Uniforms
NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

4 Pee Wee / Youth Soccer add-on jerseys
200
Youth
&
Adult

NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

5 Pee Wee / Youth Soccer add-on shorts
200
Youth
&
Adult

NO. WORK DESCRIPTION ESTIMATED

QUANTITY SIZES UNIT
PRICE

6 Pee Wee / Youth Soccer add-on socks
200
Youth
&
Adult

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Soccer Uniform Samples:

Sample Uniforms must be delivered and received by Thursday, November 9, 2023 by 4:00pm at the Bell Community Center: 6250 Pine Ave, Bell, CA 90201. Samples provided must include at minimum (4) different jersey styles with one jersey having a number and city logo print. Different styles on shorts and socks will not be required. The city would prefer to have the option of alternating uniform styles throughout each program. A vendor is more than welcome to provide more style options if able however, the city is only requiring (4) jersey styles to be submitted in this RFP.

NOTE: Styles provided will be sole discretion of vendor in taking consideration of the scope service. If in the event that a vendor is not able to provide (4) alternate uniform styles, this will have an impact on qualifications of service. Should a vendor provide more than the minimum alternate options, the city will base comparisons on (4) styles of it’s preference and assess compatibility with the specifications listed on this RFP.

Soccer Uniform Sample Requirements:
1) One jersey to include number & city logo print (logo specs provided on specifications).
2) Alternating jersey styles (3 additional)
3) Shorts & socks (No additional styles required)
4) Catalog and/or reference site to view alternate styles and color schemes. 5) Samples must have tag and/or sheet with specifications.

Failure to provide any of the requirements under Soccer Uniform Samples, will result in disqualification of bidding process.

Address of delivery: Bell Community Center, 6250 Pine Avenue, Bell, CA 90201 Please include Table 1 with the package.

Table 1: Vendors Information

COMPANY NAME:

PROJECT NAME: 2024 & 2025 SOCCER UNIFORMS
ADDRESS:

CONTACT PERSON:

PHONE NUMBER:

EMAIL ADDRESS:

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Scope of Services:

Uniforms for 2024 may vary from that of 2025 so long as such meets the criteria mentioned in the specifications.

Initial order must be received by delivery within 12 business days after ordered.

Initial orders may range from 150-250 for Pee Wee Soccer to 550-750 uniforms in Youth Soccer.

All add on orders must be received by delivery within 5 business days after ordered.

The bid winner will enter into a two-year agreement with the City of Bell which will conclude at the end of 2025 calendar year. A notarized written agreement will need to be processed at the bid winner's expense .

Winning bidder must provide 5 sets of sample jerseys per year sizes YXXS through A4XL at no additional cost. These sample jerseys will be used to size up participants during registrations to allow efficient means of placing uniform orders.

SPECIFICATIONS FOR 2024 & 2025 SOCCER PROGRAM UNIFORMS

2024 & 2025 Soccer Program Uniforms – Specifications
• Jersey: 5.5-6.1oz, 100% polyester, short-sleeve, 2-color, available in 17 color combinations, fabric wick moisture, breathable mesh • Cut: Unisex
• Print: 3.5” wide city logo and 8” high numbers (logos and numbers must be in black & white; numbers available must be 2 through 99) *For adult uniforms 3.5” wide city logo and coach (Exhibit E) • Print Location: See attached jersey (Exhibit A & B)
• Jersey Sizes: YXXS, YXS, YS, YM, YL, AS, AM, AL, AXL, A2XL, A3XL, A4XL (Y=Youth, A=Adult)
• Short: 100% polyester, white piping finish, 2 tone material • Short Color: Black with white piping around thighs (see exhibit C) • Short Sizes: YXXS, YS, YM, YL, AS, AM, AL, AXL, A2XL, A3XL, A4XL (Y=Youth, A=Adult)
• Cut: Must be at least 12” through 16” for youth sizes and 17” through 20” for adult sizes in length top to bottom and have a drawstring • Socks: at least 73% acrylic, 23% Polyester, and 1% Spandex (see exhibit D)
• Socks Color: 17 different colors

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PROPOSAL CONTENTS:

Contractor shall submit one (1) electronic copy of their proposal. Below is an overview of the contents that are required in the proposal:

1. COVER LETTER
Provide a one-page cover letter including firm name, address, and telephone number of the contact person(s) who will be authorized to make presentations for the firm. The cover letter must bear the signature of the person authorized to sign on behalf of the firm and to bind the applicant into a contract.

2. TABLE OF CONTENTS
A comprehensive table of contents of material included in the proposal is required.

3. CORPORATE CAPABILITY & FIRM EXPERIENCE
Provide a summary of relevant background information to ensure that the prospective firm has the capacity to perform required services and sufficient experience of the firm submitting the proposal as a corporation or other entity. Provide background and experience of the firm in performing this type of work, including the costs of projects conducted and at least five client references of similar size and scope. Include a list of other projects currently underway or anticipated.

4. CITY REQUIRED FORMS
Contractor shall complete and return all of the forms included in this document including:

Addendum(s) (if any)

5. ACCEPTANCE OF CONDITIONS
Provide a statement offering the firm’s acceptance of all conditions listed in this Request for Proposal (RFP) document and Services Agreement. Any exception on the Contractor’s behalf must be included in this statement.

6. COMPLETED PROPOSAL FORM
The Contractor shall complete the Proposal Form and it shall be submitted with the proposal on the Planet Bids system in the “Line Items” section.

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PROPOSAL EVALUATION CRITERIA
The contract resulting from this RFP will be awarded to that responsible Contractor whose offer, conforming to the requirements of the RFP, is determined to fill the needs of the City of Bell. Contractors should review the requirements listed under each area, when submitting their proposal. The following criteria shall be used for the 2024 & 2025 SOCCER PROGRAM UNIFORMS submitted proposals. An appointed selection panel will review and rate all responsive proposals, based on the following criteria:

1. Qualifications of Quality (Maximum 25 Points):
• Demonstrated expertise in sourcing high-quality materials suitable for soccer uniforms.
• Innovative design concepts that prioritize player comfort, safety, and aesthetics. • Attention to detail in the manufacturing process to ensure durable and long-lasting uniforms.

2. Qualifications of Service (Maximum 25 Points):
• Responsive customer service available for inquiries and assistance throughout the contract period.
• Efficient order processing and delivery timelines, ensuring uniforms are available when needed.
• Proactive communication regarding order status, potential delays, or any issues that may arise.
• A commitment to resolving any service-related issues promptly and effectively.

3. Cost Effectiveness (Maximum 25 Points):
• Competitive pricing that offers value for the city's budget without compromising quality.
• Transparent cost breakdown, including itemized pricing and any potential volume discounts.
• Clear justification for any additional costs or premium features, emphasizing their value.
• Flexibility in pricing models to accommodate the city's budgetary constraints.

4. Experience (Maximum 15 Points):
• A track record of successfully supplying soccer uniforms to similar organizations or municipalities.
• Any relevant certifications or industry recognition highlighting expertise.

5. References (Maximum 10 Points):
• Positive and verifiable references from previous clients who have procured soccer uniforms.
• Evidence of on-time delivery, product quality, and overall satisfaction from past customers.
• Consistency in delivering what was promised and addressing any challenges effectively.
• A history of positive relationships with clients, indicating a commitment to long-term partnerships

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UNIFORM REFERENCE PICTURES

EXHIBIT A EXHIBIT B

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EXHIBIT C

EXHIBIT D

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EXHIBIT E

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CITY LOGO SPECS

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CONTRACT SERVICES AGREEMENT

By and Between

CITY OF BELL

and

AMERICAN SOCCER COMPANY INC.

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AGREEMENT FOR CONTRACT SERVICES

BETWEEN THE CITY OF BELL AND
AMERICAN SOCCER COMPANY INC.

THIS AGREEMENT FOR CONTRACT SERVICES (herein “Agreement”) is made and entered into this ____ day of January 10 , 2024 by and between the CITY OF BELL, a California charter city (“City”) and AMERICAN SOCCER COMP ANY INC ., a Californi a corporation (“Consultant”). City and Consultant may be referred to, individually or collectivel y, as “Party” or “Parties.”

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

B. Consultant, following submission of a proposal or bid for the performance of the services defined and described particularly in Article 1 of this Agreement, was selected by the City to perform those services.

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

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

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

ARTICLE 1. SERVICES OF CONSULTANT

1.1 Scope of Services.

In compliance with all terms and conditions of this Agreement, the Consultant shall provide those services specified in the “Scope of Services ” attached hereto as Exhibit “A” and incorporated he rein by t his reference, which may be referred to herein as the “services” or “work” hereunder. As a material inducement to the City entering into this Agreement, Consultant represents and warrants that it has the qualifications, experience, and facilities necessary to properly perform the services requi red un der this Agreement in a th orough, competent, and professional manner, and is experienced in performing the work and services contemplated herein. Consultant shall at all times faithfully, competently an d to the best of its ability, experience and t alent, p erform all services descri bed herein. Consultant covenants that it shall follow the highest professional standards in performing the work and services required hereunder

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and that all materials will be both of good quality as well a s fit for the purpo se intended. For purposes of thi s Agreement, the phrase “highest professional standards ” shall mean those standards of practice recognized by one or more first -class firms performing similar work under similar circumstances.

1.2 Consultant’s Proposal.

The Scope of Services shall include the Consultant’s scope of work or bid which shall be incorporated herein by this reference as though fully set forth herein. In the event of any inconsistency between the terms of such proposal and th is Agreem ent, the terms of t his Agreement shall govern.

1.3 Compliance with Law.

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

1.4 Licenses, Permits, Fees and Assessments.

Consultant shall obtain at its sole cost and expense such licenses, permits and approvals as ma y be requ ired by law for the performance of the services req uired by this Agreement.

Consultant shall have the sole obligation to pay for any fees, assessments and taxes, plus applicable penalties and interest, which may be imposed by l aw and arise from or are nece ssary for the Consultant’s performance of the servi ces required by this Agreement, and shall indemnify, defend and hold harmless City , its officers, employees or agents of City, against any such fees, assessments, taxes , penalties o r interest levi ed, asses sed or imposed agai nst Ci ty hereunder.

1.5 Familiarity with Work.

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

1.6 Care of Work.

The Consultant shall ado pt re asonable method s during the life of the Agr eement to furnish continuous pro tection to the work, and the equipment, materials, papers, documents,

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plans, studies and/or other components thereof to prevent losses or damages, and shall be responsible for all such damages, to persons or property, until acceptance of the work by City, except such losses or damages as may be caused by City’s own negligence.

1.7 Further Responsibilities of Parties.

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

1.8 Additional Services.

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

ARTICLE 2. COMPENSATION AND METHOD OF PAYMENT.

2.1 Contract Sum.

Subject to any limitations set forth in this Agreement, City agrees to pay Consultant the amounts specified in the “Schedule of Compensation ” attached hereto as Exhibit “B” and incorporated herein by this ref erence. The total compen sation, including r eimbursement for actual expenses , shall not exceed FIFTY-THREE THOUSAND THREE HUNDRED EIGHTY-THREE DOLLARS AND FIVE CENTS ($53,383.05) (the “Contract Sum”), unless additional compensation is approved pursuant to Section 1.8.

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2.2 Method of Compensation.

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

2.3 Reimbursable Expenses.

Compensation may include reimbursement for actual and necessary expenditures for reproduction costs, telephone expenses, and travel expenses a pproved by the Contract Officer in advance, or actual subcontractor expenses of an approved subco ntractor pursuant to Sectio n 4.5, and only if specified in the Schedule of Compensat ion. The Contract Sum shall include the attendance of Consultant at all pro ject meetings reasonably de emed necessar y b y t he City.

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

2.4 Invoices.

Each month Consultant shall furnish to City an original invoice for all work performed and expe nses incurred during the preceding month in a form approved by City ’s Direc tor of Finance. By submitting an invoice for p ayment under this Agreem ent, Consultant is certifyi ng compliance with all prov isions of the Agreement. The invoice shall contain all information specified in Exhibit “ B”, and shall detail charges for all necess ary and actual expenses by the following categories: labor (by sub -category), travel, materials, equipment, supplies, and su b- contractor contracts. Sub-contractor charges shall also be detailed by such categories. Consultant shall not invoice City for any duplicate services performed by more than one person.

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

2.5 Waiver.

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Payment to Consultant for wor k performed pu rsuant to this Agreement shall not be deemed to waive any defects in work performed by Consultant.

ARTICLE 3. PERFORMANCE SCHEDULE

3.1 Time of Essence.

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

3.2 Schedule of Performance.

Consultant shall co mmence the ser vices pursuant to this Agreeme nt upon receipt of a written notice to proceed and s hall perform all services within the time period(s) establ ished in the “Schedule of Performance ” attached hereto as Exhibit “C” and incorporated herein by this reference. When requested by the Consultant, extensions to the time pe riod(s) specified in the Schedule of Performance may be approved in writing by the Contract Officer but not exceeding one hundred eighty (180) days cumulatively.

3.3 Force Majeure.

The time period(s) spec ified in the Schedule of Perfo rmance for performance of the services rendered purs uant to this Agreement shall be extended because of any de lays due to unforeseeable causes beyond the control and without the fault or negligence of the Consultant, including, but not restricted to, acts of God or of the public en emy, unusually severe weat her, fires, earthquakes, floods, epidemics, quarantine restrictions, riots, strikes, freight embargoes, wars, litigation, and/or acts of any governmental agency , including th e City, if the Consultant shall within ten (10) days of the commencement of such d elay notify the Contract Officer in writing of the causes of the delay. The Contract Officer shall ascertain the facts and the extent of delay, and extend the t ime for performing the services for the peri od of the enforced delay w hen and if in the judgment of the Contract Officer such delay is justified. The Contract Officer ’s determination shall be final and conclusive upon the parties to this Agreement. In no event shall Consultant be entitled to recover damages against the City for any delay in the perfo rmance of this Agreement, however caused, Consultant’s sol e remedy being extension of the Agreement pursuant to this Section.

3.4 Term.

Unless earlier terminated in accordance with Article 7 of this Agreement, this Agreement shall continue in full force and ef fect until completion of the services but not exceeding one (1) year from the date hereof, except as otherwise provided in the Schedu le of Performance (Exhibit “C”). This agreement will be for two-years with an end date of December 31, 2025.

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ARTICLE 4. COORDINATION OF WORK

4.1 Representatives and Personnel of Consultant.

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

Kevin Mahoney President
(Name) (Title)

Jose Pina Sales Manager
(Name) (Title)
It is expressly understood that the experience, knowledge, capability and reputation of the foregoing principals were a substantial induce ment for Ci ty to enter into this Agreement.

Therefore, the foregoing principal s shall be responsible duri ng the term of t his Agreement for directing all activities of Consultant and devoting suffic ient time to per sonally supervise the services hereunder. All personnel of Consultant, and any authorized agents, shall at all times be under the exclusive directio n and control of the Principals. For purposes of this Agreement , the foregoing Principals may not be replace d nor may their responsibilities be substan tially reduced by Consultant without the express written approval of City. Additionally, Consultant shall utilize only competent personnel to perform services pursuant to this Agreement. Consultant shall make every r easonable effort to maintain the stability and cont inuity of Consultant’s staff and subcontractors, if any, assigned to perform the services requ ired under this Agreement.

Consultant shall notify City of any changes in Consultant’s staff and subcontract ors, i f any, assigned to perform the servic es required under this Agreement, prior to and during any such performance.

4.2 Status of Consultant.

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

4.3 Contract Officer.

The Contract Officer shall be Janine Andrade, Community Services Direc tor, or such person as may be designated by the City Manager. It shall be the Consultant’s responsibility to assure that the Contract Off icer is kept informed of th e progress of t he performance of the

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services and the Consultant shall refer any decisions which must be made by City to the Contract Officer. Unless otherwise sp ecified herein, any approval of City required hereunder shall me an the approval of the Contract Officer. The Contract Officer shall have authority, if specified in writing by the City Manager, to sign a ll documents on behalf of the City required hereunder to carry out the terms of this Agreement.

4.4 Independent Consultant.

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

4.5 Prohibition Against Subcontracting or Assignment.

The experience, knowledg e, capability a nd reputation of Consultant, its principals and employees were a substantial inducement for t he City to enter into this Agreement. Therefore, Consultant shall not contract with any other entity to perform in who le or in part the services required hereunder without the express written approval of the City. In additi on, neither this Agreement nor an y i nterest herein may be transferred, assigned, convey ed, hypothecated or encumbered voluntarily or by operation of law, whether for the benefit of creditors or otherwise, without the prior written approval of City. Transfers restricted her eunder shall inc lude the transfer to any person or group of persons ac ting in concert of more than twenty five percent (25%) of the present ownership and/or control of Consultant, taking all transfers into account on a cumulative basis. In the event of any such unapproved transfer, including any bankruptcy proceeding, this A greement shall be void. No approved transfer shall release the Consultant or any surety of Consultant of any liability hereunder without the express consent of City.

ARTICLE 5. INSURANCE AND INDEMNIFICATION

5.1 Insurance Coverages.

Without limiting Consultant’s indemnifi cation of City, and prior to commencement of any services under this Agreement, Consultant sha ll obtain, provide and maintain at its own expense during the term of this Agreement, polici es of insurance of the type and amounts described below and in a form satisfactory to City.
(a) General liability insurance . Consultant shall maintain commercial g eneral liability insurance with coverage at least as broad as Insurance Services Office form CG 00 01, in an amount not less than $2,000,000 per occurrence, $4 ,000,000 general aggregate, for bodily

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injury, personal injury, and property damage. The policy m ust include contractual liability that has not been amended. Any e ndorsement restricting sta ndard ISO “insur ed contract” language will not be accepted.
(b) Automobile liability insurance . Consultant shall maintain automobile insurance at least as broad as Insurance Services Office form CA 00 01 covering bodily injury and property damage for all a ctivities of the Consultant arising out of or in connection with Services to be performed under this Agreement, including coverage for any owned, hired, non - owned or rented vehicles, in an amount not less than $1,000,000 combined single limit for each accident.
(c) Professional liability (errors & omissions) insurance . Consultant shall maintain professional liability insurance that covers t he Services to be performed in connection with this Agreement, in the minimum amount of $1,000,000 per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this Agreement and Consultant agrees to maintain co ntinuous coverage through a period no less than three (3) years after completion of the services required by this Agreement. (d) Workers’ compensation insurance . Consultant shall maintain Workers’ Compensation Insurance (Statutory Limits) and Employer’s Liability Insurance (with limits of at least $1,000,000).
(e) Subcontractors. Consultant sha ll include all s ubcontractors as insureds under its policies or shall furnish separate certificates and certified endorsements for eac h subcontractor. All coverages for subcontractors shall include all of the requirements stated herein.

5.2 General Insurance Requirements.
(a) Proof of insurance . Con sultant shall p rovide certificates of insurance to City as evidence of the insurance coverage required herei n, along with a waiver of subrogation endorsement for workers’ compensation. Insurance certificates and endorsements must be approved by City’s Risk Manager prior to commencement of performance. Current certificati on of insurance shall be k ept on file with City at all times during the term of this Agreement. City reserves the right to require complete, certified copies of al l required insurance polici es, at any time.
(b) Duration of coverage . Consultant shall procure and ma intain for the duration of this A greement insurance against claims for injuries to pers ons or damages to property, which may arise from or in connection w ith the performance of the Services hereunder by Consultant, its agents, representatives, employees or subconsultants. (c) Primary/noncontributing. Coverage provided by Consultant shall be primary and any insurance or self-insurance procured or maintained by City shall not be required to contribute with it. The limits of insurance required herein may be satisfied by a combination of

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primary and umbrella or excess insurance. Any umbrella or excess insurance shall contain or be endorsed to contain a provisio n that such coverage shall also apply on a primary and non - contributory basis for the benefit of City before the City’s own insurance or self-insurance shall be called upon to protect it as a named insured.
(d) City’s rights of enforcement. In the event an y policy of insurance required under this Agreement does not comply with these specifications or is ca nceled and not replaced, City has the right but not the duty to obtain the insurance it deems necessary and any premium paid by City will be promptly reimbursed by Consultant or City will withhold amounts sufficient to pay premium from Consultant payments. In the alternative, City may cancel this Agreement. (e) Acceptable insurers. All insurance policies shall be issued by a n insurance company currently authorized by the Insurance Co mmissioner to t ransact business of insurance or that is on the List of Appr oved Surplus Line Insurers in the State of California, with an assigned policyholders’ Rating of A- (or higher) and Financial Size Category Class VI (or larger) in accordance with t he latest edition of Best’s Key Rating Guide, unless otherwise app roved by the City’s Risk Manager.
(f) Waiver of subrogation . All insurance coverage maintained o r procured pursuant to this agreem ent shall be endorsed to waive su brogation against City, its elected or appointed officers, agents, officials, employees and volunteers or shall specifi cally allow Consultant or others providing insurance evidence in compl iance with these specifications to waive their right of recovery pr ior to a loss. Consultant h ereby waives its own right of recovery against City, and shall require similar written express waivers and insurance clauses from each of its subconsultants.
(g) Enforcement of contract p rovisions (non-estoppel). Consultant acknowledges and agrees that any actual or alle ged failure on the part of the City to inform Consultant of non-compliance wi th any requireme nt imposes no additional obligations on the City nor does it waive any rights hereunder.
(h) Requirements not limiting . Requirements of specific cov erage features or limits contained in this section are not intende d as a li mitation on cover age, limits or o ther requirements, or a waiver of any coverage normall y provided by any insurance. Speci fic reference to a given coverage feature is for purposes of clarification only as it pertains to a given issue and is not intended by any party or insured to be all in clusive, or to the exclusion of other coverage, or a w aiver of any type. If the Consultant maintains higher limits than t he minimums shown above, the City requires and shall be entitled to coverage for the higher l imits maintained by the Consultant. Any available insurance proceeds in excess of the specified minimum limits of insurance and coverage shall be available to the City.
(i) Notice of cancell ation. Consultant agrees to oblige its insurance agent or broker and insure rs to provide to City with a thir ty (30) day notice of cancellation (except for nonpayment for which a ten (10) day notice is required) or nonrenewal of c overage for each required coverage.

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(j) Additional insured status . General liability policies shall pr ovide or be endorsed to provide t hat City and its officers, officials, employees, and a gents, and volunteers shall be add itional insureds under such polic ies. T his provision shall a lso apply to an y excess/umbrella liability policies.
(k) Prohibition of und isclosed coverage limitations. No ne of the coverages required herein will be in complia nce with these requirements if they include any limiting endorsement of any kind that has not been first submitted to City and approved of in writing. (l) Separation of insureds. A severability of interests provision must apply for all additional insureds ensuring that Consultant’s insurance shall apply separately to each insured against whom claim is made or sui t is brought, except with respect to the insurer’s limits of liability. The policy(ies) shall not contain any cross-liability exclusions. (m) Pass through clause . Consultant agrees to ensure that its subconsultants , subcontractors, and any other party involved with the project who is brought onto or involv ed in the project by Consu ltant, provide t he same minimum insurance coverage and endorsements required of Consultant. Consultant a grees to monitor and review all s uch coverage and assumes all responsibility for ensuring that such coverage is provided in conformity with the requirements of this sec tion. Consultant agrees that upon request, all agreeme nts with consultants, subcontractors, and others engaged in the project will be submitted to City for review. (n) Agency’s right to revise specifications . The C ity reserves the right at any time during the term of the contract to change the amounts and typ es of insurance required by giving the Consultant ninety (90) days advance written notice of s uch change. If such change results in substantial additional cost to the Co nsultant, the Cit y and Consultant may renegotiate Consultant’s compensation.
(o) Self-insured retentions . Any self -insured retentions must be declared to and approved by City. City reserves the right to require that self-insured retentions be eliminated, lowered, or replaced by a deductible. Self-insurance will not be considered to comply wi th these specifications unless approved by City.
(p) Timely notice of cl aims. Consultant shal l give City pro mpt and timely notice of claims made or suits instituted tha t arise out of or result from Consultant’s performance under this Agreement, and that i nvolve or may involve coverage under any of the required liability policies.
(q) Additional in surance. Consultant shall also procure and maintain, at its own co st and ex pense, any additi onal kinds of in surance, which in its own judgment may be necessary for its proper protection and prosecution of the work.

5.3 Indemnification.

To the full extent permi tted by law, Consultant agrees to indemnify , defend and hold harmless the C ity, its officers , employees and agents ( “Indemnified Parties”) against, and will hold and save them and each of them harmless from, any and all actions, either judicial,

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administrative, arbitration or regulatory claims, damages to persons or prop erty, losses, costs, penalties, obligations, errors, omissions or liabilities whether actual or threatened (herein “claims or liabilities”) that may be asserted or claimed by any person, fir m or entity ari sing out of or in connection with the negligent performance of the work, oper ations or activi ties provided herein of Consultant, its officers, employees, agents, subcontractors, or invitees, or any individual or entity f or which Consultant is legally liable (“indemnitors”), or arising from Consultant’s or indemnitors’ reckless or w illful misconduc t, or arising from Consultant’s or indemnitors’ negligent performance of or failure to p erform any term, provision, covenant or condition of this Agreement, and in connection therewith:
(a) Consultant will defend any action or actions filed in connection with any of said claims or liabilities and will pay all costs and expenses, including legal costs and attorneys’ fees incurred in connection therewith;
(b) Consultant will promptly pay any judgment rendered against the City, its officers, agents or employees for any such claims or liabilities arising out of or in connection with the negligent performance of or failure to perform such work, operations or activities of Consultant hereunder; and Consultant agrees to save and hold the City, its officers, agents, and employees harmless therefrom;
(c) In the event the City, its officers, agents or employees is made a party to any action or proceeding filed or prosecuted against Consultant for such damages or other claims arising out of or in connection with the negligent performance of or failure to perform the work, operation or activities of Consultant hereunder, Consultant agrees to pay to the City, its officers, agents or employees, any and all costs and expenses incurred by the City, its officers, agents or employees in such action or proceeding, including but not limited to, legal costs and attorneys’ fees.

Consultant shall incorporate simi lar indemnity agreements with its subcontra ctors and if it fails to do so Consultant shall be fully responsible to indemnify City hereunder therefore, and failure of City to monitor complia nce with these provisions shall no t be a waiver hereof. This indemnification includes claims or liabilities arising from any negligent or wrongful act, error or omission, or reckless or willful miscondu ct of Consultant in the performance of professional services hereunder. The provisions of this Section do not apply to cl aims or liabilities occurring as a result of City ’s sole negligence or willful acts or omissi ons, but, to the fullest e xtent permitted by law, shall apply to claims and liabilities resultin g in part from City ’s negligence, except that design professionals ’ indemnity hereunder shall be limited to c laims and liabilities arising out of the negligence, reckles sness or willful misconduct of the design professional. The indemnity obligation shall be binding on successors and assigns of Consultant and shall survive termination of this Agreement.

ARTICLE 6. RECORDS, REPORTS, AND RELEASE OF INFORMATION

6.1 Records.

Consultant shall keep, and requ ire subcontracto rs to keep, such ledgers , books of accounts, invoices, vouchers, canceled checks, reports, studies or other documents rel ating to the disbursements charged to City and services performed hereunder (the “books and records ”), as

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shall be nece ssary to perform the services required by this Agreement and enable th e Contract Officer to evaluate the performance of such services. Any and all such documents sh all be maintained in accordance with generally accepted accounting principles and shall be c omplete and detailed. The Contract Officer shall have full and free access to such books and records at all times during normal business hours of City, including the right to insp ect, copy, audit and make records and transcripts from such records. Such records shall be maintained for a period of three (3) years following completion of the services hereunder, and the City shall have access t o such records in the event any audit is required. In the event of dissolution of Consultant’s business, custody of the books and recor ds may be given to City, and access shall be provided by Consultant’s successor in inter est. Notwithstanding the above, t he Consultant shall fully cooperate with the City in providing access to the books and records if a public records request is made and disclosure is required by law including but not limited to the California Public Records Act.

6.2 Reports.

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

6.3 Ownership of Documents.

All d rawings, specifications, maps, designs, photographs, studies, surve ys, da ta, notes, computer files, reports, records, documents and other materials (the “documents and materials”) prepared by Consultant, i ts employees, subcontractors and agents in the perf ormance of this Agreement shall be the property of City and shall b e delivered to City upon re quest of the Contract Officer or upon the termination of this Agreement, an d Consultant shall have no claim for further employment or additional compensation as a result of the exercise by City of its full rights of ownership use, reuse, or assignment of the documents and materials hereunder. Any use, reuse or assignment of such completed documents for other pro jects and/or use of uncompleted documents without specific written authorization by the Consultant will be at the City’s sole risk and without liability to Consultant, and Consultant’s guarantee and warranties shall not extend to such use, reuse or assignment. Consultant may retain copies of such documents fo r its own use.

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

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6.4 Confidentiality and Release of Information.
(a) All information g ained or work product produced by Consultant in performance of this Agreement shall be considered confidential, unless such information is in the public domain or already known to Consultant. Consultant shall not release or discl ose any such information or work product t o persons or entities other than City without prior written authorization from the Contract Officer.
(b) Consultant, its officers, employees, agen ts or subcontractors, shall not, without prior written authorizatio n from the Contract Officer or unless requested by the City Attorney, voluntarily provide documents, declarations, lett ers of support, testimony at depositions, response to interrogatories or other information concerning th e work performed under this Agreement. Response to a subpoena or court order shall not be considered “voluntary” provided Consultant gives City notice of such court order or subpoena. (c) If Consultant, or any officer, em ployee, agent or subcontractor of Consultant, provides any informat ion or work product in viol ation of this Agreement, then City shall have the right to reimbur sement and indemnity from Consultant for any damages, costs and fees, including attorney’s fees, caused by or incurred as a result of Consultant’s conduct. (d) Consultant shall promptly noti fy City should Consultant, its officers, employees, agents or subcontractor s be served with any summons, com plaint, subpoena, notice of deposition, request for do cuments, interrogatories, request for admiss ions or other discover y request, court order or s ubpoena from any party regarding this Agreement and the work performed there under. City retains the right, but has no obligation, to represent Consultant or be present at any deposition, hearing or similar proceeding. Consultant agrees to cooperate fully with City and t o provide City with the opportunity to review any response t o discovery requests provided by Consultant. However, this right to review any such response does not imply or mean the right by City to control, direct, or rewrite said response.

ARTICLE 7. ENFORCEMENT OF AGREEMENT AND TERMINATION

7.1 California Law.

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

7.2 Disputes; Default.

In the event that Consultant is in default under the terms of this Agreement, the City shall not ha ve any obligation or duty to continue compensating Consultant for any work performed

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after the date of default. Instead, the City may give notice to Consultant of the default and the reasons for the default. The notice shall include the timeframe in which Consultant may cure the default. This timeframe is pre sumptively thirty (30) days, but m ay be extended, though not reduced, if circumstances warrant. During the pe riod of time that Consultant is in default, the City shall h old all invoices and shall, when the default is cured, proceed with payment on the invoices. In the alternative, the City may, in its sole discretion, ele ct to pay some or all of th e outstanding invoices during the period of default. If Consultant does not cure the default, the City may take necessary steps to terminate this Agreement under this Article. Any failure on the p art of the City to give notice of the Consultant’s default shall not be deemed to result in a waiver of the City’s legal rights or any rights arising out of any provision of this Agreement.

7.3 Retention of Funds.

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

7.4 Waiver.

Waiver by any party to this Agreement of any term, conditio n, or covenant of this Agreement shall not constitute a waiver of any other term, condition, or covenant. Waiver by any party of any breach of the provisions of this Agreement shall not con stitute a waiver of any other provision or a waiver of any subseque nt breach or violation of a ny provision of this Agreement.

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

7.5 Rights and Remedies are Cumulative.

Except with respect to rights and remedies expressly declared to be ex clusive in this Agreement, the rights and remedies of the parties are cumulative and the exercise by either party of one or more of such rights or remedies shall no t preclude the exercise by it, at the same or different times, of any other rights or remedi es for the same default or any other default by the other party.

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7.6 Legal Action.

In addition to any other rights or remedies, either party may take legal action, in law or in equity, to cure, correct or remedy any default, to recover damages for any default, to compel specific performance of this Agreement, to obtain declarato ry or injunctive relief, or to obtain any other remedy consistent w ith the purposes of this Ag reement. Notwithstanding any contrary provision herein, Consultant shall file a statutory cl aim pursuant to Government Code Sections 905 et seq. and 910 et seq., in order to pursue a legal action under this Agreement.

7.7 Termination Prior to Expiration of Term.

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

7.8 Termination for Default of Consultant.

If termination is due to the failure of the Consultant to fulfill its obli gations under this Agreement, City may, after compliance with the provisions of Section 7.2, take over the w ork and prosecute the same to completion by contract or otherwise, and the Consultant shall be liable to the extent that the to tal cost for completi on of the servi ces required hereunder exceeds the compensation herein stipu lated (provided t hat the City sha ll use reasonable efforts to mitigate such damages), and City may withhold any payments to the Consultant for the purpose of set-off or partial payment of the amounts owed the City as previously stated.

7.9 Attorneys’ Fees.

If either party to t his Agreement is required to initiate or defend or made a party to any action or proceeding in any way c onnected with this Agreement, the prevailing party in such action or procee ding, in addition to any other relief which may be granted, whether legal or equitable, shall be entitled to reasonable attorney ’s fees. Attorney’s fees shall include attorney ’s fees on any appeal, and in addition a party entitled to attorney’s fees shall be entitled to all other

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reasonable costs for inves tigating such action, taki ng depositions a nd discovery and all other necessary costs the court a llows which are incurred in such l itigation. All such fees shall be deemed to have accrued on commencement of such action and shall be enforceable whether or not such action is prosecuted to judgment.

ARTICLE 8. CITY OFFICERS AND EMPLOYEES: NON-DISCRIMINATION

8.1 Non-liability of City Officers and Employees.

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

8.2 Conflict of Interest.

Consultant covenants that neither it, nor any officer or prin cipal of its firm , has or shall acquire any interest, directly or indirectly, which wou ld conflict in any manner with the interests of City or which would in an y way hinder Consultant’s performance of services under this Agreement. Consultant further covenants that in the performance of t his Agreement, no person having any such interest shal l be employed by it as an officer, employee, agent or sub contractor without the express writte n consent of th e Contract Officer . Consultant agrees to at all times avoid conflicts of interest or the appe arance of any conflicts of interest with the interests of City in the performance of this Agreement.

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

8.3 Covenant Against Discrimination.

Consultant covenants that, by and for it self, its heirs, executors, assigns, and all persons claiming under or through them, that there shall be no discrimination against or seg regation of, any person or group of person s on account of race, color, creed, religion, sex, gender, sexual orientation, marital status, national origin, ancestry or other protected class in the performance of this Agreement. Consultant shall take affirmat ive action to insure that a pplicants are employed and that employees are treated during emplo yment wit hout regard to th eir race, color, creed, religion, sex, gender, sexual orientation, marital status, national origin, ance stry or other protected class.

8.4 Unauthorized Aliens.

Consultant hereby promises and agrees to comply with all of the provisions of the Federal Immigration and Nationalit y A ct, 8 U.S.C. § 1101 et seq. , as amended, and in con nection

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therewith, shall not employ unauthorized aliens as defined therein. Should Consultant so employ such unauthorized aliens for the performance of work and/or services covered by this Agreement, and should any liability or sanctions be imposed against City for such use of unauthorized aliens, Consultant hereby agrees to an d shall reimburse Cit y for the cost of all such liabilities or sanctions imposed, together with any and all costs, including attorneys’ fees, incurred by City.

ARTICLE 9. MISCELLANEOUS PROVISIONS

9.1 Notices.

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

9.2 Interpretation.

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

9.3 Counterparts.

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

9.4 Integration; Amendment.

This Agr eement including the attachments hereto is the entire, compl ete and exclusi ve expression of the understanding of the parties. It is understood that there are no oral ag reements between the parties hereto affecting this Agr eement and this Agreement supersedes and cancels any and all previous negotiations, arrangements, agreements and understandings, if any, between the parties, and none shall be used to interpret this Agreement. No amendment to or modification of this Agreement shall be valid unless made in writing and approved by the Consultant and by the City Counc il. The parties agree that this requirement for written modifications canno t be waived and that any attempted waiver shall be void.

9.5 Severability.

In the event tha t any one or more of the phrases, sentences, clauses, paragraphs, o r sections contained in thi s Agreement shall be declared invalid or unenforceable by a valid judgment or decree of a co urt of competent jurisdiction, such invalidity or unenforceability sha ll not affect any of the remaining phrases, sentences, clauses, par agraphs, or sections of thi s

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Agreement which are hereby declared as severable and shall be interpreted to carry out the intent of the p arties hereunder unless the invalid provision is so ma terial that its invalidity deprives either party of the basic benefit of their bargain or renders this Agreement meaningless.

9.6 Warranty & Representation of Non-Collusion.

No official, off icer, or employe e of City has any financial interest, direct or indire ct, in this Agreement, nor shall a ny official, officer, or employee of Ci ty participate in any decision relating to this Agreement which may affect his/her financial int erest or the fina ncial interest of any corporation, partnership, or association in whic h (s)he is directly or indirectly interested, or in violation of any corporation, partnership, or association in which (s)he is directly or indirectly interested, or in violation of any State or municip al statute or regulation. The determination of “financial interest” shall be consistent with State law and shall not incl ude interests found to be “remote” or “noninterests” pursuant to Government Code Sections 1091 or 1091 .5. Consultant warrants and represents that it has not paid or given, and will not pay or give, to any third party including, but not limited to, any City official, officer, or employee, any money, consideration, or other thing of value as a resul t or cons equence of obtain ing or being awa rded any agreement.

Consultant further warrants and re presents that (s)he/it has not eng aged in any act(s), omission(s), or other conduct or collusi on that would r esult in the payment of any money, consideration, or other t hing of value to any third party including, but not limited to, any City official, offi cer, or employee, as a result of consequence of obtaining or being awarded any agreement. Consultant is aware of and understands that any such act(s), omission( s) or oth er conduct resulting in such payment of money, consideration, or other thing of value w ill render this Agreement void and of no force or effect.

Consultant’s Authorized Initials _______

9.7 Corporate Authority.

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

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

CITY:

CITY OF BELL, a California charter city

Fidencio Joel Gallardo, Mayor
ATTEST:

Angela Bustamante, City Clerk
APPROVED AS TO FORM:

ALESHIRE & WYNDER, LLP

David J. Aleshire, City Attorney
CONSULTANT:

AMERICAN SOCCER COMPANY INC.

By:

Name:

Title:

By:

Name:

Title:

Address:

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

SIGNATURES SHALL BE DULY NOTARIZED, AND APPROPRIATE ATTESTATIONS SHALL BE

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

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CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT

STATE OF CALIFORNIA

COUNTY OF LOS ANGELES
On __________, 2024 before me, ________________, personally appeared ________________, proved to me on the basis of satisfactory evidence to be the person(s) whose names(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

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

WITNESS my hand and official seal.

Signature: _________________________________ ____

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

CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT

INDIVIDUAL

CORPORATE OFFICER
_______________________________

TITLE(S)

PARTNER(S) LIMITED

GENERAL

ATTORNEY-IN-FACT

TRUSTEE(S)

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

___________________________________

TITLE OR TYPE OF DOCUMENT
________________________ ___________

NUMBER OF PAGES
___________________________________

DATE OF DOCUMENT
___________________________________

SIGNER(S) OTHER THAN NAMED ABOVE

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

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CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT

STATE OF CALIFORNIA

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

WITNESS my hand and official seal.

Signature: _____________________________________

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

CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT

INDIVIDUAL

CORPORATE OFFICER
_______________________________

TITLE(S)

PARTNER(S) LIMITED

GENERAL

ATTORNEY-IN-FACT

TRUSTEE(S)

___________________________________

TITLE OR TYPE OF DOCUMENT
___________________________________

NUMBER OF PAGES
_____________________________ ______

DATE OF DOCUMENT
___________________________________

SIGNER(S) OTHER THAN NAMED ABOVE

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EXHIBIT “A”

SCOPE OF SERVICES

Uniforms for 2024 may vary from that of 2025 so long as such meets the criteria mentioned in the specifications.

Initial order must be received by delivery within 12 business days after ordered.

Initial orders may range from 150-250 for Pee Wee Soccer to 550-750 uniforms in Youth Soccer.

All add on orders must be received by delivery within 5 business days after ordered.

Winning bidder must provide 5 s ets of sample jerseys per year sizes YXXS through A4XL at no additional cost. These sample jerseys will be used to size up participants during registrations to allow efficient means of placing uniform orders.

SPECIFICATIONS FOR 2024 & 2025 SOCCER PROGRAM UNIFORMS

2024 & 2025 Soccer Program Uniforms – Specifications
• Jersey: 5.5 -6.1oz, 100% polyester, short -sleeve, 2 -color, available in 17 color combinations, fabric wick moisture, breathable mesh
• Cut: Unisex
• Print: 3.5” wide city logo and 8” high numbers (l ogos and numbers must be in black & white; numbers available must be 2 through 99)
*For adult uniforms 3.5” wide city logo and coach (Exhibit E) • Print Location: See attached jersey (Exhibit A & B)
• Jersey Sizes: YXXS, YXS, YS, YM, YL, AS, AM, AL, AXL, A2XL, A3XL, A4XL (Y=Youth, A=Adult)
• Short: 100% polyester, white piping finish, 2 tone material • Short Color: Black with white piping around thighs (see exhibit C) • Short Sizes: YXXS, YS, YM, YL, AS, AM, AL, AXL, A2XL, A3XL, A4XL (Y=Youth, A=Adult)
• Cut: Must be at least 12” through 16” for youth sizes and 17” through 20” for adult sizes in length top to bottom and have a drawstring
• Socks: at least 73% acrylic, 23% Polyester, and 1% Spandex (see exhibit D) • Socks Color: 17 different color

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EXHIBIT “A-1”

Pee Wee and Youth Soccer Uniforms

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EXHIBIT “A-2”
Coaches Volunteer Jerseys

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EXHIBIT “B”

SCHEDULE OF COMPENSATION
I. Consultant shall perform the following tasks at the following rates:

Quantity Unit Price SUB-BUDGET
A. 2024 Youth
Soccer
Uniforms
750 $16.45 $12,950.00
B. 2024 Pee Wee
Soccer
Uniforms
100 $12.95 $1,295.00
C. 2024 Coaches
Volunteer
Jerseys
225 $9.95 $2,238.75
D. 2025 Youth
Soccer
Uniforms
1,000 $12.95 $12,950.00
E. 2025 Pee Wee
Soccer
Uniforms
250 $12.95 $3,237.50
F. 2025 Coaches
Volunteer
Jerseys
250 $9.95 $2,487.50
SUBTOTALS $48,420.00
G. Shipping $0 – First Order
Standard Rate for
Add On Orders
Tax – 10.25% $4,963.05
TOTAL
PRICE
$53,383.05

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II. A retention o f ten percent ( 10%) shall be h eld from each payment as a co ntract retention to be paid as part of the final payment upon satisfactory completion of services.

III. Within the budgeted am ounts for each Task, and with the approval of the Contract Officer, funds may be shifted from one Tas k Sub-Budget to another s o long as the Contract Sum is not exceeded p er Section 2.1, unless Additional Services are approved per Section 1.8.

IV. The City will compe nsate the Consultant for the Services performed upon submission of a valid invoice. Each invoice is to include:

A. Line items for all personnel describing the work performed, the number of hours worked, and the hourly rate.

B. Line items for all materials and equipment properly charged to the Services.

C. Line items for all other approved reimbursable expenses claimed, with supporting documentation.

D. Line items fo r all approved subcontractor labor, supplies, equipment, mater ials, and travel properly charged to the Services.

V. The total compensation for the Services sh all not exceed the Contract Su m as provided in Section 2.1 of this Agreement.

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EXHIBIT “C”

SCHEDULE OF PERFORMANCE
I. Consultant shall perform all Services, including delivery of tangible work products, to the City within twelve (12) business days after the City places an order. All add on orders by the City must be delivered within five (5) business days after the City places order with Consultant.

II. The Co ntract Officer may approv e extens ions f or performan ce o f the services in accordance with Section 3.2.

III. This Agreement shall continue in full force and effect until December 31, 2025.

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City of Bell
2024 & 2025 SOCCER PROGRAM UNIFORMS, bidding on 11/09/2023 4:00 PM (PST)

Page 1 of 3 ends

Printed 01/04/2024
PlanetBids

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City of Bell
2024 & 2025 SOCCER PROGRAM UNIFORMS, bidding on 11/09/2023 4:00 PM (PST)

Page 2 of 3 ends

Printed 01/04/2024
PlanetBids

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City of Bell
2024 & 2025 SOCCER PROGRAM UNIFORMS, bidding on 11/09/2023 4:00 PM (PST)

Page 3 of 3 ends

Printed 01/04/2024
PlanetBids

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City of Bell
Agenda Report

DATE: January 10, 2024

TO: Mayor and Members of the City Council

FROM: Rickey Manbahal, Finance Director

APPROVED
BY: ________________________________________ Michael L. Antwine II, City Manager

SUBJECT: City of Bell & Bell Successor Agency Investment Reports as of November 2023.

RECOMMENDATION:

It is recommended that the City Council receive and file this report.

BACKGROUND:

Per the requirements of the California Government Code and the City of Bell’s Investment Policy, a monthly investment report is published that discloses the status of investments.

The report includes types of investments, issuers, maturity dates, book values and the current market value as of the date of the report.

OVERVIEW OF CITY INVESTMENTS

The City’s investment portfolio is divided between The California Treasurer’s Local Agency Investment Fund (“LAIF”) and Asset- Backed Security, Agency Issues, Commercial Paper, US Treasury, Money Market, Commercial Mortgage, Supranational, US Corporate, Foreign Corporate.

The California Treasurer’s Local Agency Investment Fund (“LAIF”) comprises 64.4% of the City’s total investment portfolio. This is a liquid investment that allows participants to earn market rate of returns, while retaining access to the fund within 24 to 48 hours of a withdrawal request with no penalty. The remainder of the City’s portfolio is composed of investments that may be liquidated at any time. However, these investments likely do not provide the short liquidity of the pooled money funds, and liquidation/withdrawal of these investments is at the risk of loss and/or penalty to the City.

The attached Investment Reports for the City and Successor Agency reflect the portfolio at the above-referenced date and are in conformity with the 2023 Statement of Investment Policy adopted by the City Council on April 26, 2023.

ATTACHMENTS:

1. City Investment Report

2. Successor Agency Investment Report

3. Investment Report Support Documentation

4. Chandler Asset Management Monthly Account Statement

Page 129 ends

Report Date: 1/10/24
Issuer / Book Market % of YTM
CUSIP Security Value Value * Portfolio (Market Y)
LAIF 19,569,217 19,569,217 64.40% 3.84%
See Attached Asset-Backed Security 916,914 906,842 3.00% 5.93% See Attached Agency Issues 1,447,686 1,415,459 4.66% 5.33% See Attached Commercial Mortagage 518,848 515,485 1.70% 5.44% See Attached Commercial Paper 201,350 201,350 0.67% 5.93% See Attached Corporate 2,714,452 2,675,087 8.80% 5.78%
See Attached Money Market 169,354 169,354 0.56% 4.97%
See Attached Municipal Bonds 101,588 102,216 0.34% 5.43% See Attached Supranational 669,328 659,209 2.17% 5.37%
See Attached US Treasury 4,274,891 4,125,841 13.58% 5.15% Accrued Interest 59,537 0.20%
Totals 30,583,627$ 30,399,595$ 100%
Bank Account Balances:

Wells Fargo Bank Stagecoach Sweep General Checking: 1,658,612.81$ Wells Fargo Bank Commercial Checking Choice IV-Public Funds: 53,998.00 Wells Fargo Bank Bell Community Housing Authority Checking Account: 1 -
Wells Fargo Bank Payroll Account: 2
-
Wells Fargo Bank Worker's Compensation Account: 3
58,180.80
1,770,791.61$
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 11/30/2023.

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

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MONTH FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24
JULY 25,320,562.61$ 27,158,657.80$ 36,441,274.21$ 34,062,482.19$ AUGUST 23,739,062.20 28,268,929.13 35,223,821.96$ 33,390,312.50$ SEPTEMBER 21,690,804.87 26,397,025.57 32,811,437.12$ 34,034,650.49$ OCTOBER 21,605,826.32 26,237,986.42 31,444,024.32$ 33,199,454.80$ NOVEMBER 22,017,659.98 25,741,196.73 31,238,472.56$ 32,354,418.96$ DECEMBER 24,124,656.89 28,966,073.71 33,614,575.25$ JANUARY 27,425,271.30 33,505,081.56 36,436,046.86$ FEBRUARY 25,221,695.57 33,233,351.99 37,509,622.83$ MARCH 25,161,017.39 32,837,890.46 36,515,694.26$
APRIL 25,811,974.54 34,829,178.84 37,952,579.87$
MAY 28,685,142.78 37,384,223.90 41,029,417.85$
JUNE 28,279,502.12 38,524,813.01 41,641,408.12$
City of Bell
Historical Summary of Invested Funds & Bank Deposits

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Report Date: 1/10/24
Issuer / Book Market % of YTM
Security Value Value * Portfolio (Purchase Y)
LAIF 668,115 668,115 100.00% 3.84%
Totals 668,115$ 668,115$ 100.00% Bank Account Balances:

Wells Fargo Bank Successor to RDA: 588,946.40$
* 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. * Current market valuation is required for investments with maturities of more than twelve months. MV includes accrued interest earned as of 06/30/2023.

Bell Successor Agency Investment Report
November 2023
All Investments

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MONTH FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24
JULY 2,652,039.24$ 2,634,143.35$ 2,596,401.97$ 2,926,113.98$ AUGUST 2,653,373.37 2,601,063.64 2,591,745.15$ 2,925,008.88$ SEPTEMBER 986,026.30 890,531.10 852,536.05$ 1,235,549.02$ OCTOBER 995,957.79 886,165.69 856,629.31$ 1,258,468.03$ NOVEMBER 995,957.04 876,829.70 843,758.80$ 1,257,061.62$ 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 1,044,488.11$
JUNE 2,770,827.46 2,595,074.09 2,912,224.74$
Community Redevelopment Agency / Successor Agency
Historical Summary of Invested Funds & Bank Deposits

Page 133 ends

STAGECOACH SWEEP
WELLS FARGO BANK, N.A.

P.O. BOX 63020

THIS STATEMENT COVERS 11/01/2023 THROUGH 11/30/2023

FUNDS HELD ON COMPANY'S BEHALF IN THE OMNIBUS DEPOSIT ACCOUNT AT BANK ARE

DEPOSITS AND ARE ELIGIBLE FOR FDIC INSURANCE IN ACCORDANCE WITH FDIC RULES AND LIMITS. COMPANY'S MMMF SHARES HELD IN THE OMNIBUS INVESTMENT ACCOUNT IN BANK'S

NAME AT THE CUSTODIAN OF THE MMMF ARE NOT DEPOSITS AND ARE NOT ELIGIBLE FOR FDIC INSURANCE. COMPANY IS THE OWNER OF ITS MMMF SHARES.

ALLSPRING TREASURY PLUS MMF A CLS

Transaction Detail

Date Description Amount
11-01-2023 Beginning Balance 1,787,573.65
11-01-2023 Next Day Sweep Purchase 41,283.37
11-01-2023 Reinvested Dividend 5,519.03
11-02-2023 Next Day Sweep Purchase 153,930.61
11-03-2023 Sweep Funds Return To DDA 148,686.86
11-06-2023 Sweep Funds Return To DDA 24,390.24
11-07-2023 Next Day Sweep Purchase 88,118.59
11-08-2023 Sweep Funds Return To DDA 37,717.87
11-09-2023 Sweep Funds Return To DDA 285,179.49
11-10-2023 Sweep Funds Return To DDA 490,522.03
11-13-2023 Sweep Funds Return To DDA 88,624.69
11-14-2023 Sweep Funds Return To DDA 21,870.83
11-15-2023 Sweep Funds Return To DDA 16,565.87
11-16-2023 Next Day Sweep Purchase 398,303.08
11-17-2023 Next Day Sweep Purchase 91,515.32
11-20-2023 Next Day Sweep Purchase 62,326.39
11-21-2023 Next Day Sweep Purchase 90,075.32
11-22-2023 Sweep Funds Return To DDA 223,843.15
11-24-2023 Sweep Funds Return To DDA 174,638.58
11-27-2023 Sweep Funds Return To DDA 49,121.67
11-28-2023 Next Day Sweep Purchase 321,718.35
11-29-2023 Next Day Sweep Purchase 142,186.15
11-30-2023 Next Day Sweep Purchase 37,224.23
11-30-2023 Ending Balance 1,658,612.81

Daily Balance Information

Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 11-01 1,834,376.05 4.834 % .000132453 242.97
11-02 1,988,306.66 4.838 % .000132560 263.57

SAN FRANCISCO, CA 94163

Page 1 of 2 ends

CITY OF BELL

GENERAL FUND OPERATING

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account Number - DDA

FUND SUMMARY

Dividends Earned YTD 70,951.88
Federal Withholding YTD .00
7-Day Simple Yield 4.84913 %
Federal Withholding .00

Beginning Balance 1,787,573.65
Prior Months Dividends Reinvested 5,519.03 +
Shares Purchased 1,426,681.41 +
Shares Redeemed 1,561,161.28 -
Ending Balance 1,658,612.81

Dividends Earned in Current Month 5,752.36
Funds Pending Investment 26,031.19

Page 134 ends

STAGECOACH SWEEP
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 11-03 1,839,619.80 4.839 % .000132588 243.91
11-04* 1,815,229.56 4.839 % .000132588 240.68
11-05* 1,815,229.56 4.839 % .000132588 240.68
11-06 1,815,229.56 4.839 % .000132576 240.66
11-07 1,903,348.15 4.836 % .000132515 252.22
11-08 1,865,630.28 4.836 % .000132501 247.20
11-09 1,580,450.79 4.836 % .000132503 209.41
11-10 1,089,928.76 4.838 % .000132568 144.49
11-11* 1,001,304.07 4.838 % .000132568 132.74
11-12* 1,001,304.07 4.838 % .000132568 132.74
11-13 1,001,304.07 4.841 % .000132634 132.81
11-14 979,433.24 4.842 % .000132661 129.93
11-15 962,867.37 4.843 % .000132697 127.77
11-16 1,361,170.45 4.842 % .000132664 180.58
11-17 1,452,685.77 4.843 % .000132706 192.78
11-18* 1,452,685.77 4.843 % .000132706 192.78
11-19* 1,452,685.77 4.843 % .000132706 192.78
11-20 1,515,012.16 4.845 % .000132746 201.11
11-21 1,605,087.48 4.842 % .000132664 212.94
11-22 1,381,244.33 4.842 % .000132674 183.26
11-23* 1,206,605.75 4.842 % .000132674 160.09
11-24 1,206,605.75 4.847 % .000132806 160.24
11-25* 1,157,484.08 4.847 % .000132806 153.72
11-26* 1,157,484.08 4.847 % .000132806 153.72
11-27 1,157,484.08 4.849 % .000132861 153.78
11-28 1,479,202.43 4.849 % .000132856 196.52
11-29 1,621,388.58 4.854 % .000133004 215.65
11-30 1,658,612.81 4.855 % .000133025 220.64
TOTAL MTD 5,752.37

* 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.
11/01/2023 - 11/30/2023

Page 2 of 2 ends

Account Number - DDA

Page 135 ends

Choice IV-Public Funds {NIB}
Account number: November 1, 2023 - November 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 $278,684.00 $3,879,237.03 -$4,103,923.03 $53,998.00
Credits
Deposits
Effective
date
Posted
date Amount
Tr
ansaction detail
11/03 409.93 Deposit
11/03 11/06 6,942.07 Reversal of Check Posted 11-03-23 Refer to Maker Our Ref: 11-03-23 00000000 11/08 11/09 6,942.07 Reversal of Check Posted 11-08-23 Altered Our Ref: 11-08-23 00000000 $14,294.07 To
tal deposits
Electronic deposits/bank credits
Effective
date
Posted
date Amount
Tr
ansaction detail
11/01 13.53 Southern Califor Single 231101
Just*Energy*Uut*Payment*20230922000070U101323\
11/01 20.00 11/01Bankcard Deposit -0328029701
11/01 20.00 11/01Bankcard Deposit -0328029701
11/01 145.75 Cash Only Customer Deposit
11/01 960.23 Desktop Check Deposit
11/01 1,121.63 Square Inc 231101P2 231101 L210839014707 City of Bell 11/01 2,368.31 CC Tm PA LLC Cci AP 820 231024 02929672
31**\Ref*PO*00514644\Dtm*003*231101\SE*8*0001\GE*
11/01 3,556.78 Cctm1 LLC Cci AP 820 231024 02929135
78**\Ref*PO*00514710\Dtm*003*231101\SE*8*0001\GE*
11/01 3,848.00 LA County Gen-Pymt 231029 500110 NTE*202310295908384 *A2400249964 *500110
11/01 10,830.26 Cbp Treas 310 Misc Pay 110123 xxxxx0508 Rmr*IV*Iceeqsh2021270400011001001*Pi*10830.26\
11/01 33,082.51 Southern Califor Single 231101 SCG*Uut*Payment*20230922000070U101223\ 11/02 121.50 Square Inc 231102P2 231102 L210839199032 City of Bell Sheet Seq = 0021091
Sheet 00001 of 00008

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Account number: November 1, 2023 - November 30, 2023 Page 2 of 8 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount
Tr
ansaction detail
11/02 539.30 11/02Bankcard Deposit -0328029700
11/02 644.40 11/02Bankcard Deposit -0328029700
11/02 1,375.09 Active Network, Registrati 000000006085969 Rmr*IV*13842285**1375.09*1375.09*0\Ref*PO*RN 0011
11/02 9,915.00 Cash Only Customer Deposit
11/02 148,686.86 Sweep Transfer From Investment
11/03 2.75 11/03Bankcard Deposit -0328029701
11/03 24.00 11/03Bankcard Deposit -0328029701
11/03 64.40 11/03Bankcard Deposit -0328029700
11/03 328.66 Square Inc 231103P2 231103 L210839395159 City of Bell 11/03 1,214.39 11/03Bankcard Deposit -0328029700
11/03 27,154.00 Lacounty Develop Payment 231103 0000000895 Rmr*IV*56086**27154\ 11/03 24,390.24 Sweep Transfer From Investment
11/06 121.50 Square Inc 231106P2 231106 L210839960518 City of Bell 11/06 2,500.00 Desktop Check Deposit
11/06 3,946.46 Desktop Check Deposit
11/06 42,150.00 Cbp Treas 310 Misc Pay 110623 xxxxx0508 Rmr*IV*Iceeqsh2014270400111101025*Pi*42150.00\
11/06 67,485.65 Cbp Treas 310 Misc Pay 110623 xxxxx0508 Rmr*IV*Iceeqsh2014270400111101026*Pi*67485.65\
11/07 16.00 11/07Bankcard Deposit -0328029701
11/07 146.83 Square Inc 231107P2 231107 L210840138449 City of Bell 11/07 482.00 11/07Bankcard Deposit -0328029701
11/07 623.61 Desktop Check Deposit
11/07 963.23 11/07Bankcard Deposit -0328029700
11/07 1,523.51 11/07Bankcard Deposit -0328029700
11/07 1,805.53 Cash Only Customer Deposit
11/07 78,910.09 ZBA Funding Account Transfer From
11/07 37,717.87 Sweep Transfer From Investment
11/08 209.00 11/08Bankcard Deposit -0328029701
11/08 271.25 Cash Only Customer Deposit
11/08 395.00 Cash Only Customer Deposit
11/08 567.00 11/08Bankcard Deposit -0328029700
11/08 693.46 Square Inc 231108P2 231108 L210840309851 City of Bell 11/08 1,118.57 Cash Only Customer Deposit
11/08 3,299.10 WT Fed#02300 Bank of America, N /Org=PMAm Corporation Aaf City of Bell Srf# 2023110800426528 Trn#231108127287 Rfb# Oct 23 Alarm Fee 11/08 9,075.80 Cash Only Customer Deposit
11/08 14,086.53 Desktop Check Deposit
11/08 285,179.49 Sweep Transfer From Investment
11/09 309.00 11/09Bankcard Deposit -0328029701
11/09 385.30 Active Network, Registrati 000000006088841 Rmr*IV*13846818**203.71*203.71*0\Ref*PO*RN 001154
11/09 388.17 11/09Bankcard Deposit -0328029700
11/09 420.00 11/09Bankcard Deposit -0328029701
11/09 488.59 11/09Bankcard Deposit -0328029700
11/09 887.13 WT Fed#05488 Manufacturers & Tr /Org=National Opioid Abatement Trust II Srf# 231109012792000 Trn#231109168741 Rfb#
11/09 27,600.91 Desktop Check Deposit
Sheet Seq = 0021092
Sheet 00002 of 00008

Page 137 ends

Account number: November 1, 2023 - November 30, 2023 Page 3 of 8 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount

Transaction detail
11/09 490,522.03 Sweep Transfer From Investment
11/10 20.00 11/10Bankcard Deposit -0328029701
11/10 247.51 11/10Bankcard Deposit -0328029700
11/10 340.21 Square Inc 231110P2 231110 L210840692492 City of Bell 11/10 88,624.69 Sweep Transfer From Investment
11/13 1,083.65 Cash Only Customer Deposit
11/13 1,988.85 Desktop Check Deposit
11/13 17,578.71 LA County Gen-Pymt 231107 500110 NTE*202311075920506 *A2400264575 *500110
11/13 21,870.83 Sweep Transfer From Investment
11/14 20.00 11/14Bankcard Deposit -0328029701
11/14 200.00 11/14Bankcard Deposit -0328029700
11/14 209.00 11/14Bankcard Deposit -0328029701
11/14 18,135.44 Ce Solutions D Operating Fgwap0000666448 Caelectricityuut2310 11/14 16,565.87 Sweep Transfer From Investment
11/15 4.75 Desktop Check Deposit
11/15 380.35 Square Inc 231115P2 231115 L210841616432 City of Bell 11/15 5,537.11 Desktop Check Deposit
11/15 500,000.00 WT Seq153959 Cal State Treasurer /Org=State of California - Laif Srf# Ec23111543307520 Trn#231115153959 Rfb# 246026310050025
11/16 152.18 Square Inc 231116P2 231116 L210841799099 City of Bell 11/16 217.00 Cash Only Customer Deposit
11/16 253.25 Cash Only Customer Deposit
11/16 273.00 11/16Bankcard Deposit -0328029701
11/16 624.67 Cash Only Customer Deposit
11/16 2,132.33 Active Network, Registrati 000000006090687 Rmr*IV*13852374**2132.33*2132.33*0\Ref*PO*RN 0011
11/16 2,649.79 11/16Bankcard Deposit -0328029700
11/16 248,318.02 Southern Califor EDI Paymts 2311100001 003*231001***20^Dtm*003*231031***20^SE*15*95238^G
11/17 10.00
11/17Bankcard Deposit -0328029700
11/17 16.00 11/17Bankcard Deposit -0328029701
11/17 85.05 Square Inc 231117P2 231117 L210842126055 City of Bell 11/17 1,500.00 Jpmorgan Chase B Payment
Rmr*IV*20404-0003054762**1500.00*1500.00*0.00\
11/17 90,479.80 ZBA Funding Account Transfer From
11/20 3.00 11/20Bankcard Deposit -0328029701
11/20 123.70 Desktop Check Deposit
11/20 124.13 Desktop Check Deposit
11/20 154.00 Cash Only Customer Deposit
11/20 196.45 Cash Only Customer Deposit
11/20 566.24 Cash Only Customer Deposit
11/20 183,700.79 LA County Gen-Pymt 231115 Pta-11600 NTE*202311155929299 *A2400278241 *Pta-11600
11/20 263.38 ZBA Funding Account Transfer From
11/21 25.00 11/21Bankcard Deposit -0328029700
11/21 318.32 Square Inc 231121P2 231121 L210842878603 City of Bell 11/21 1,388.66 11/21Bankcard Deposit -0328029700
11/21 223,843.15 Sweep Transfer From Investment
Sheet Seq = 0021093
Sheet 00003 of 00008

Page 138 ends

Account number: November 1, 2023 - November 30, 2023 Page 4 of 8 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount

Transaction detail
11/22 15.00 11/22Bankcard Deposit -0328029701
11/22 21.00 11/22Bankcard Deposit -0328029700
11/22 157.50 Cash Only Customer Deposit
11/22 249.00 Cash Only Customer Deposit
11/22 338.00 11/22Bankcard Deposit -0328029701
11/22 868.90 11/22Bankcard Deposit -0328029700
11/22 920.56 Square Inc 231122P2 231122 L210843059866 City of Bell 11/22 2,401.73 Amer Tower 1942 EDI Paymnt Nov 22 43Rent_40009846 *000001*058408898\Iea*00001*058408898\
11/22 4,356.00 LA County Gen-Pymt 231120 500110 NTE*202311195935226 *A2400286005 *500110
11/22 35,279.49 Desktop Check Deposit
11/22 66,847.00 Desktop Check Deposit
11/22 77,810.74 Apport St of CA Apsapports 111723 388 Bell City Treasurer 11/22 174,638.58 Sweep Transfer From Investment
11/24 15.00 11/24Bankcard Deposit -0328029701
11/24 1,248.87 Active Network, Registrati 000000006093450 Rmr*IV*13857010**1248.87*1248.87*0\Ref*PO*RN 0011
11/24 36,757.00 Lacounty Develop Payment 231124 0000000895 Rmr*IV*071027**0036757.00\ 11/24 49,121.67 Sweep Transfer From Investment
11/27 999.47 CA Dept Tax&Fee Cdtfa-Lmts 112023 1075 City of Bell 11/27 1,323.83 Usb AP Payment AP Payment 0001-340281439 City of Bell 11/27 18,083.48 Desktop Check Deposit
11/27 326,959.13 CA Dept Tax&Fee Cdtfa-Ltax 112023 19005 City of Bell 11/28 712.54 11/28Bankcard Deposit -0328029700
11/28 1,097.14 Square Inc 231128P2 231128 L210843913646 City of Bell 11/28 39,905.47 Desktop Check Deposit
11/28 60,126.68 Lacmta Corp Pmt 1199046
0126.68~Dtm|003|20231117~SE|33|0041~GE|0001|19564
11/28 72,487.81 Lacmta Corp Pmt 1199047
2487.81~Dtm|003|20231117~SE|33|0040~GE|0001|19564
11/29 24.00
11/29Bankcard Deposit -0328029701
11/29 24.97 Square Inc 231129P2 231129 L210844092432 City of Bell 11/29 313.80 Cash Only Customer Deposit
11/29 618.07 11/29Bankcard Deposit -0328029700
11/29 974.00 Cash Only Customer Deposit
11/29 1,122.65 11/29Bankcard Deposit -0328029700
11/29 1,549.35 Cash Only Customer Deposit
11/29 10,033.17 Desktop Check Deposit
11/30 121.86 Square Inc 231130P2 231130 L210844273756 City of Bell 11/30 340.59 11/30Bankcard Deposit -0328029700
11/30 658.12 Active Network, Registrati 000000006095118 Rmr*IV*13860754**658.12*658.12*0\Ref*PO*RN 001154
11/30 1,021.35 11/30Bankcard Deposit -0328029700
11/30 4,348.88 Desktop Check Deposit
Sheet Seq = 0021094
Sheet 00004 of 00008

Page 139 ends

Account number: November 1, 2023 - November 30, 2023 Page 5 of 8 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount

Transaction detail
11/30 45,084.83 Lacmta Corp Pmt 1199363
5084.83~Dtm|003|20231119~SE|33|0482~GE|0001|19604
11/30 51,024.65 Lacmta Corp Pmt 1199362
1024.65~Dtm|003|20231119~SE|33|0401~GE|0001|19604
$3,864,942.96 Total electronic deposits/bank credits
$3,879,237.03 Total credits
Debits
Electronic debits/bank debits
Effective
date
Posted
date Amount

Transaction detail
11/01 5,184.69 WT Seq453310 City of Bell, Workers C /Bnf=City of Bell, Workers Compensation Srf# Gb00000062102845 Trn#231101453310 Rfb# 2862
11/01 337.73 ZBA Funding Account Transfer to
11/01 153,930.61 Sweep Transfer to Investment
11/02 421.36 < Business to Business ACH Debit - Calpers 1800 5686383552 100000017324422 11/02 154,906.36 < Business to Business ACH Debit - Calpers 1800 5686383552 100000017324418 11/02 331.00 ZBA Funding Account Transfer to
11/03 19,287.54 ZBA Funding Account Transfer to
11/06 7,246.83 WT Seq455355 City of Bell, Workers C /Bnf=City of Bell, Workers Compensation Srf# Gb00000062209568 Trn#231106455355 Rfb# 2863
11/06 63.17 ZBA Funding Account Transfer to
11/06 88,118.59 Sweep Transfer to Investment
11/07 6,381.74 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017287915 11/07 14,671.54 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017287868 11/07 15,318.05 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017287992 11/07 20,065.69 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017287831 11/07 25,316.61 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017287956 11/08 3,346.74 ACH Prep Origintn - General Fund - File 2956000677 Coid 2956000677 11/08 287,296.61 ZBA Funding Account Transfer to
11/09 1,047.22 < Business to Business ACH Debit - Expertpay Expertpay xxxxx0677 City of Bell 11/09 12,598.37 < Business to Business ACH Debit - Wright Express Fleet Debi 231108 9100005154093 City of Bell (3)
11/09 7,778.51 ZBA Funding Account Transfer to
11/10 677.58 Deposited Item Retn Unpaid - Paper 231110 11/10 0.01 Bankcard Discount Fee - 0328029701
11/10 0.67 Bankcard Discount Fee - 0328029701
11/10 1.62 Bankcard Discount Fee - 0328029701
11/10 1.86 Bankcard Discount Fee - 0328029700
11/10 2.13 Bankcard Fee - 0328029701
11/10 4.36
Bankcard Fee - 0328029700
11/10 4.66 Bankcard Discount Fee - 0328029701
11/10 6.50 Bankcard Discount Fee - 0328029700
11/10 8.85 Bankcard Discount Fee - 0328029700
11/10 28.26 Bankcard Interchange Fee - 0328029701
11/10 29.75 Bankcard Discount Fee - 0328029700
11/10 315.72 Bankcard Interchange Fee - 0328029700
Sheet Seq = 0021095
Sheet 00005 of 00008

Page 140 ends

Account number: November 1, 2023 - November 30, 2023 Page 6 of 8 Prior account number: 145398000
Electronic debits/bank debits (continued)
Effective
date
Posted
date Amount

Transaction detail
11/10 8,762.38 ZBA Funding Account Transfer to
11/10 99,011.98 ZBA Funding Account Transfer to
11/13 169.76 Client Analysis Srvc Chrg 231110 Svc Chge 1023 000004159281427 11/13 1,149.15 ZBA Funding Account Transfer to
11/14 4,465.65 ZBA Funding Account Transfer to
11/14 444.61 ZBA Funding Account Transfer to
11/15 4,821.65 WT Seq453658 City of Bell, Workers C /Bnf=City of Bell, Workers Compensation Srf# Gb00000062397219 Trn#231115453658 Rfb# 2864
11/15 92.10 ZBA Funding Account Transfer to
11/15 398,303.08 Sweep Transfer to Investment
11/16 5,882.18 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017320047 11/16 13,752.70 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017320000 11/16 15,535.60 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017320123 11/16 20,137.86 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017319955 11/16 23,178.49 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017320084 11/16 1,449.80 ZBA Funding Account Transfer to
11/16 91,515.32 Sweep Transfer to Investment
11/17 62,326.39 Sweep Transfer to Investment
11/20 23,148.43 WT Fed#01001 US Bank, NA /Ftr/Bnf=U.S. Bank National Association Srf# Gw00000062397535 Trn#231115133725 Rfb# 2865
11/20 90,075.32 Sweep Transfer to Investment
11/21 41,474.89 ZBA Funding Account Transfer to
11/22 3,346.74 ACH Prep Origintn - General Fund - File 2956000677 Coid 2956000677 11/22 1,248.94 ZBA Funding Account Transfer to
11/22 301,630.99 ZBA Funding Account Transfer to
11/24 1,047.22 < Business to Business ACH Debit - Expertpay Expertpay xxxxx0677 City of Bell 11/24 15,068.89 < Business to Business ACH Debit - Wright Express Fleet Debi 231122 9100005154093 City of Bell (3)
11/24 117,704.13 ZBA Funding Account Transfer to
11/27 46.41
ZBA Funding Account Transfer to
11/27 438.23 ZBA Funding Account Transfer to
11/27 321,718.35 Sweep Transfer to Investment
11/28 7,604.14 ZBA Funding Account Transfer to
11/28 142,186.15 Sweep Transfer to Investment
11/29 4,802.00 < Business to Business ACH Debit - AFLAC Columbus Achpmt 231128 67957442 Vw09091218801
11/29 1,735.62 ZBA Funding Account Transfer to
11/29 37,224.23 Sweep Transfer to Investment
11/30 6,382.24 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017320064 11/30 14,971.16 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017320146 11/30 15,131.56 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017320027 11/30 19,688.81 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017319979 11/30 25,262.83 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017320104 11/30 24.56 ZBA Funding Account Transfer to
11/30 26,031.19 Sweep Transfer to Investment
$2,793,722.66 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.

Sheet Seq = 0021096
Sheet 00006 of 00008

Page 141 ends

Account number: November 1, 2023 - November 30, 2023 Page 7 of 8 Prior account number: 145398000
Checks paid
Number Amount Date Number Amount Date Number Amount Date 81869 35.60 11/27
81876 * 109.00 11/10
81907 * 1,778.78 11/08
81926 * 50.00 11/20
81961 * 5,677.68 11/20
81971 * 225.00 11/21
81972 12.00 11/13
81998 * 136.00 11/13
82007 * 300.00 11/06
82012 * 491,474.80 11/09
82013 45,202.38 11/07
82017 * 3,672.00 11/03
82018 7,800.00 11/01
82021 * 84.00 11/03
82030 * 2,735.00 11/03
82031 546.46 11/01
82032 18.00 11/13
82058 * 50.00 11/06
82059 3,500.00 11/08
82061 * 34.00 11/01
82069 * 50.00 11/17
82072 * 4,725.00 11/01
82073 659.70 11/01
82078 * 172.50 11/09
82079 2,880.00 11/03
82080 387.00 11/02
82081 750.00 11/01
82083 * 6,942.07 11/03
82083 6,942.07 11/08
82084 1,311.98 11/02
82085 225.18 11/02
82086 2,416.80 11/01
82087 50.00 11/07
82091 * 22,159.57 11/16
82094 * 19,708.43 11/06
82095 61,560.00 11/01
82097 * 44,195.63 11/01
82099 * 69.30 11/02
82100 165.53 11/14
82101 2,170.00 11/02
82102 1,387.02 11/01
82105 * 50.00 11/01
82116 * 300.00 11/27
82124 * 1,900.00 11/14
82125 357.00 11/27
82126 70.95 11/16
82127 854.10 11/22
82128 7,603.44 11/13
82129 278.38 11/15
82130 71.18 11/09
82131 850.00 11/20
82132 2,134.08 11/13
82135 * 111.24 11/14
82136 750.00 11/14
82137 202.97 11/13
82139 * 526.45 11/13
82140 1,039.50 11/14
82141 531.58 11/14
82142 500.00 11/29
82143 24,866.80 11/16
82144 17,639.71 11/03
82145 1,319.97 11/02
82149 * 100.00 11/10
82150 348.05 11/03
82151 100.00 11/02
82153 * 1,000.00 11/02
82157 * 1,212.66 11/06
82159 * 113.36 11/01
82162 * 58,048.54 11/20
82163 183,064.40 11/21
82164 11,727.50 11/17
82165 18,527.90 11/16
82166 86,913.15 11/15
82167 12,851.92 11/16
82168 9,433.90 11/16
82169 4,750.00 11/14
82170 6,500.00 11/14
82171 225.00 11/14
82172 1,596.34 11/14
82173 101.84 11/17
82175 * 168.00 11/15
82176 5,062.50 11/15
82177 107.18 11/15
82178 597.66 11/13
82180 * 4,000.00 11/13
82181 6,120.00 11/13
82182 96.83 11/13
82183 21.68 11/15
82184 50.00 11/17
82185 30.00 11/17
82186 205.93 11/13
82187 158.11 11/16
82188 1,276.32 11/14
82189 2,970.00 11/14
82190 1,408.07 11/10
82191 2,331.46 11/14
82192 3,066.78 11/15
82194 * 640.14 11/16
82195 117.62 11/13
82196 700.00 11/07
82197 1,843.83 11/14
82198 60.17 11/15
82199 100.00 11/22
82200 2,343.00 11/10
82201 3,265.01 11/10
82202 1,900.00 11/20
82203 288.62 11/09
82204 100.00 11/20
82205 40.00 11/13
82206 112.94 11/14
82207 300.00 11/09
82208 17.00 11/09
82209 56.70 11/13
82210 143.50 11/14
82211 371.91 11/13
82212 305.66 11/07
82213 17,805.12 11/17
82214 2,933.33 11/13
82215 100.00 11/13
82216 3,539.55 11/13
82218 * 1,486.54 11/15
82219 165.00 11/22
82220 5,960.81 11/14
82221 502.66 11/13
82231 * 9,900.00 11/13
82251 * 1,388.81 11/24
82252 255.17 11/29
82253 110.39 11/27
82254 697.21 11/27
82255 4,654.72 11/20
82256 115.00 11/28
82257 50.00 11/29
82258 969.49 11/24
82259 1,385.40 11/22
82260 2,796.87 11/27
82261 1,091.17 11/27
82262 300.00 11/21
82266 * 20.00 11/20
82267 5,962.16 11/22
82268 1,117.84 11/21
82269 174.17 11/22
82270 676.90 11/29
82292 * 81.43 11/27
82293 2,554.93 11/28
Sheet Seq = 0021097
Sheet 00007 of 00008

Page 142 ends

Account number: November 1, 2023 - November 30, 2023 Page 8 of 8 Prior account number: 145398000
Checks paid (continued)
Number Amount Date Number Amount Date Number Amount Date 82294 47.42 11/28
82295 187.86 11/27
82297 * 376.93 11/30
82299 * 54.09 11/29
82301 * 1,178.81 11/27
82302 243.58 11/27
$1,310,200.37 Total checks paid

* Gap in check sequence.

$4,103,923.03 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
10/31 278,684.00
11/01 50,960.00
11/02 50,000.00
11/03 50,000.00
11/06 56,446.00
11/07 50,623.00
11/08 62,654.00
11/09 76,849.00
11/10 50,000.00
11/13 51,988.00
11/14 50,000.00
11/15 55,541.00
11/16 50,000.00
11/17 50,000.00
11/20 50,607.00
11/21 50,000.00
11/22 99,036.00
11/24 50,000.00
11/27 68,083.00
11/28 89,905.00
11/29 59,267.00
11/30 53,998.00
Average daily ledger balance $58,425.37
Limits to your Card
Effective on or after August 28, 2023 in Selected Terms and Conditions for - Wells Fargo Consumer debit and ATM cards
- Wells Fargo Campus debit and ATM cards
- Wells Fargo Business debit, ATM, and deposit cards
- Wells Fargo Advisors debit cards
In the section titled "Using your card," under subsection titled "Daily limits and funds available for using your Card" bullet titled "The limits for your Card" is deleted and replaced with:

The limits for your Card: We provide you your daily ATM withdrawal and purchase limits when you receive your Card. You can confirm your Card's daily limits by signing on to Wells Fargo Online or the Wells Fargo Mobile® app, or calling us at the number listed in the "Contact Us" section. Note: For security reasons there may be additional limits on the amount, number, or type of transactions you can make using your Card, including the geographic location of the ATM or merchant.

Please see the Wells Fargo debit and ATM card terms and conditions applicable to your card, which can be found at www.wellsfargo.com/debit-card/terms-and-conditions.

Sheet Seq = 0021098
Sheet 00008 of 00008

Page 143 ends

Commercial Checking Acct Public Funds
Account number: November 1, 2023 - November 30, 2023 Page 1 of 3 ©2010 Wells Fargo Bank, N.A.

CITY OF BELL
BCHA
6330 PINE AVE
BELL CA 90201-1221
Account summary
Commercial Checking Acct Public Funds
Account number Beginning balance Total credits Total debits Ending balance $0.00 $267,833.18 -$267,833.18 $0.00
Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount

Transaction detail
11/01 348.00 121108250 Ccddeposit 231101 xxxxx0548 Bell Community Housing 11/01 337.73 ZBA Balance Account Transfer From
11/02 331.00 ZBA Balance Account Transfer From
11/03 19,287.54 ZBA Balance Account Transfer From
11/06 63.17 ZBA Balance Account Transfer From
11/07 835.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 985.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 1,020.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 1,090.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 1,620.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 1,620.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 2,170.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 2,270.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 2,380.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 3,755.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 3,810.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 5,120.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 8,104.77 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 16,195.06 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/07 28,077.00 Bell Properties Owner Paym 231102 Bell Properties City of Bell 11/10 8,762.38 ZBA Balance Account Transfer From
11/13 1,149.15 ZBA Balance Account Transfer From
11/14 4,465.65 ZBA Balance Account Transfer From
11/15 92.10 ZBA Balance Account Transfer From
11/16 1,449.80 ZBA Balance Account Transfer From
Sheet Seq = 0017970
Sheet 00001 of 00003

Page 144 ends

Account number: November 1, 2023 - November 30, 2023 Page 2 of 3 Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount

Transaction detail
11/17 50,000.00 Bell Properties Owner Paym 231116 Bell Properties City of Bell 11/17 50,000.00 Bell Properties Owner Paym 231116 Bell Properties City of Bell 11/20 360.27 Desktop Check Deposit
11/21 41,474.89 ZBA Balance Account Transfer From
11/22 1,248.94 ZBA Balance Account Transfer From
11/27 46.41 ZBA Balance Account Transfer From
11/28 7,604.14 ZBA Balance Account Transfer From
11/29 1,735.62 ZBA Balance Account Transfer From
11/30 24.56 ZBA Balance Account Transfer From
$267,833.18 Total electronic deposits/bank credits
$267,833.18 Total credits
Debits
Electronic debits/bank debits
Effective
date
Posted
date Amount

Transaction detail
11/07 78,910.09 ZBA Balance Account Transfer to
11/17 90,479.80 ZBA Balance Account Transfer to
11/20 263.38 ZBA Balance Account Transfer to
$169,653.27 Total electronic debits/bank debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 8393 414.00 11/13
8399 * 685.73 11/01
8400 5,543.23 11/03
8405 * 331.00 11/02
8411 * 726.01 11/13
8412 20,712.75 11/21
8413 13,744.31 11/03
8415 * 63.17 11/06
8419 * 1,449.80 11/16
8421 * 1,144.45 11/14
8422 11,044.59 11/21
8423 92.10 11/15
8424 8,762.38 11/10
8425 141.74 11/07
8426 203.00 11/14
8427 9.14 11/13
8428 9,680.24 11/21
8429 3,118.20 11/14
8430 9,520.20 11/17
8432 * 332.92 11/29
8433 96.89 11/20
8434 1,174.90 11/22
8435 6,938.30 11/28
8436 74.04 11/22
8437 37.31 11/21
8440 * 665.84 11/28
8442 * 1,402.70 11/29
8443 24.56 11/30
8444 46.41 11/27
$98,179.91 Total checks paid

* Gap in check sequence.

$267,833.18 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
10/31 0.00
11/01 0.00
11/02 0.00
11/03 0.00
11/06 0.00
11/07 0.00
11/10 0.00
11/13 0.00
11/14 0.00
Sheet Seq = 0017971
Sheet 00002 of 00003

Page 145 ends

Account number: November 1, 2023 - November 30, 2023 Page 3 of 3 Daily ledger balance summary (continued)
Date Balance Date Balance Date Balance
11/15 0.00
11/16 0.00
11/17 0.00
11/20 0.00
11/21 0.00
11/22 0.00
11/27 0.00
11/28 0.00
11/29 0.00
11/30 0.00
Average daily ledger balance $0.00
Limits to your Card
Effective on or after August 28, 2023 in Selected Terms and Conditions for - Wells Fargo Consumer debit and ATM cards
- Wells Fargo Campus debit and ATM cards
- Wells Fargo Business debit, ATM, and deposit cards
- Wells Fargo Advisors debit cards
In the section titled "Using your card," under subsection titled "Daily limits and funds available for using your Card" bullet titled "The limits for your Card" is deleted and replaced with:

Please see the Wells Fargo debit and ATM card terms and conditions applicable to your card, which can be found at www.wellsfargo.com/debit-card/terms-and-conditions.

Sheet Seq = 0017972
Sheet 00003 of 00003

Page 146 ends

Choice IV-Public Funds {NIB}
Account number: November 1, 2023 - November 30, 2023 Page 1 of 2 Prior account number: 145098007
©2010 Wells Fargo Bank, N.A.

CITY OF BELL

PAYROLL ACCOUNT

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account summary
Choice IV-Public Funds {NIB}
Account number Beginning balance Total credits Total debits Ending balance $0.00 $814,305.06 -$814,305.06 $0.00
Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount

Transaction detail
11/08 287,296.61 ZBA Balance Account Transfer From
11/09 7,778.51 ZBA Balance Account Transfer From
11/10 99,011.98 ZBA Balance Account Transfer From
11/14 444.61 ZBA Balance Account Transfer From
11/22 301,630.99 ZBA Balance Account Transfer From
11/24 117,704.13 ZBA Balance Account Transfer From
11/27 438.23 ZBA Balance Account Transfer From
$814,305.06 Total electronic deposits/bank credits
$814,305.06 Total credits
Debits
Electronic debits/bank debits
Effective
date
Posted
date Amount

Transaction detail
11/08 287,296.61 ACH Prep Origintn - City of Bell Pay - File 1956000677 Coid 1956000677 11/09 7,778.51 < Business to Business ACH Debit - Voya NAT Trst182 Spnsr P/R 231108 664486 0001 City of Bell
11/10 16,054.22 < Business to Business ACH Debit - Employment Devel EDD Eftpmt 80097165 Txp*80097165*01102*231110*T*000*T*1605422*T*16054
11/10 82,957.76 < Business to Business ACH Debit - IRS Usataxpymt 111023 270371411099161 City of Bell
11/22 593.49 WT Fed#03199 Jpmorgan Chase Ban /Ftr/Bnf=NEW York Life Insurance Srf# Gw00000062560783 Trn#231122120739 Rfb# 2866
11/22 301,037.50 ACH Prep Origintn - City of Bell Pay - File 1956000677 Coid 1956000677 Sheet Seq = 0021089
Sheet 00001 of 00002

Page 147 ends

Account number: November 1, 2023 - November 30, 2023 Page 2 of 2 Prior account number: 145098007
Electronic debits/bank debits (continued)
Effective
date
Posted
date Amount

Transaction detail
11/24 7,778.51 < Business to Business ACH Debit - Voya NAT Trst182 Spnsr P/R 231122 664486 0001 City of Bell
11/24 18,314.71 < Business to Business ACH Debit - Employment Devel EDD Eftpmt 80097165 Txp*80097165*01102*231124*T*000*T*1831471*T*18314
11/24 91,316.28 < Business to Business ACH Debit - IRS Usataxpymt 112423 270372894245136 City of Bell
$813,127.59 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 40884 444.61 11/14 40885 438.23 11/27 40886 294.63 11/24 $1,177.47 Total checks paid

$814,305.06 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
10/31 0.00
11/08 0.00
11/09 0.00
11/10 0.00
11/14 0.00
11/22 0.00
11/24 0.00
11/27 0.00
Average daily ledger balance $0.00
Limits to your Card
Effective on or after August 28, 2023 in Selected Terms and Conditions for - Wells Fargo Consumer debit and ATM cards
- Wells Fargo Campus debit and ATM cards
- Wells Fargo Business debit, ATM, and deposit cards
- Wells Fargo Advisors debit cards
In the section titled "Using your card," under subsection titled "Daily limits and funds available for using your Card" bullet titled "The limits for your Card" is deleted and replaced with:

Please see the Wells Fargo debit and ATM card terms and conditions applicable to your card, which can be found at www.wellsfargo.com/debit-card/terms-and-conditions.

Sheet Seq = 0021090
Sheet 00002 of 00002

Page 148 ends

Choice IV-Public Funds {NIB}
Account number: November 1, 2023 - November 30, 2023 Page 1 of 3 Prior account number: 145701262
©2010 Wells Fargo Bank, N.A.

CITY OF BELL

WORKERS COMPENSATION

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account summary
Choice IV-Public Funds {NIB}
Account number Beginning balance Total credits Total debits Ending balance $75,079.04 $17,253.17 -$34,151.41 $58,180.80
Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount

Transaction detail
11/01 5,184.69 WT Seq453310 City of Bell, General F /Org=City of Bell Srf# Gb00000062102845 Trn#231101453310 Rfb# 2862
11/06 7,246.83 WT Seq455355 City of Bell, General F /Org=City of Bell Srf# Gb00000062209568 Trn#231106455355 Rfb# 2863
11/15 4,821.65 WT Seq453658 City of Bell, General F /Org=City of Bell Srf# Gb00000062397219 Trn#231115453658 Rfb# 2864
$17,253.17 Total electronic deposits/bank credits
$17,253.17 Total credits
Debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 17165 538.59 11/09
17189 * 580.00 11/09
17242 * 580.00 11/09
17285 * 580.00 11/09
17318 * 580.00 11/09
17322 * 233.12 11/06
17327 * 70.50 11/07
17340 * 658.00 11/10
17350 * 164.55 11/02
17351 142.75 11/02
17352 122.39 11/01
17353 122.39 11/01
17358 * 580.00 11/01
17364 * 179.19 11/02
17365 130.63 11/07
17366 42.70 11/06
17367 580.00 11/09
17368 175.80 11/08
17369 77.41 11/01
17370 142.75 11/07
17371 309.12 11/07
17372 143.82 11/03
17373 110.68 11/09
17374 336.20 11/06
17375 297.79 11/02
17376 580.00 11/07
17377 195.26 11/07
17378 623.63 11/07
17380 * 2,634.10 11/03
17381 226.48 11/20
17382 140.33 11/10
17383 110.81 11/06
17385 * 422.60 11/10
Sheet Seq = 0060069
Sheet 00001 of 00003

Page 149 ends

Account number: November 1, 2023 - November 30, 2023 Page 2 of 3 Prior account number: 145701262
Checks paid (continued)
Number Amount Date Number Amount Date Number Amount Date 17386 848.70 11/10
17387 179.19 11/13
17388 1,564.70 11/08
17389 267.80 11/14
17391 * 52.14 11/16
17392 244.92 11/14
17393 143.82 11/10
17394 139.69 11/13
17395 184.55 11/13
17396 135.44 11/20
17397 135.44 11/20
17398 135.44 11/20
17399 114.29 11/28
17400 570.31 11/17
17401 668.28 11/14
17402 352.00 11/20
17404 * 1,932.36 11/21
17405 621.86 11/21
17406 233.64 11/16
17407 8.52 11/20
17408 14.99 11/20
17409 580.00 11/20
17410 173.91 11/20
17411 4,020.30 11/17
17412 173.65 11/17
17414 * 206.59 11/27
17415 498.88 11/27
17416 207.78 11/27
17417 173.91 11/27
17418 173.91 11/27
17419 262.79 11/27
17420 179.19 11/22
17421 130.15 11/27
17422 322.18 11/27
17423 360.54 11/20
17424 171.93 11/20
17425 1,662.00 11/24
17427 * 422.60 11/28
17428 267.80 11/27
17430 * 142.75 11/29
17433 * 990.51 11/22
17435 * 352.00 11/27
17437 * 950.68 11/29
17438 39.50 11/29
17447 * 550.00 11/29
17448 178.19 11/30
$34,151.41 Total checks paid

* Gap in check sequence.

$34,151.41 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
10/31 75,079.04
11/01 79,361.54
11/02 78,577.26
11/03 75,799.34
11/06 82,323.34
11/07 80,271.45
11/08 78,530.95
11/09 74,981.68
11/10 72,768.23
11/13 72,264.80
11/14 71,083.80
11/15 75,905.45
11/16 75,619.67
11/17 70,855.41
11/20 68,560.72
11/21 66,006.50
11/22 64,836.80
11/24 63,174.80
11/27 60,578.81
11/28 60,041.92
11/29 58,358.99
11/30 58,180.80
Average daily ledger balance $70,603.82
Limits to your Card
Effective on or after August 28, 2023 in Selected Terms and Conditions for - Wells Fargo Consumer debit and ATM cards
- Wells Fargo Campus debit and ATM cards
- Wells Fargo Business debit, ATM, and deposit cards
- Wells Fargo Advisors debit cards
In the section titled "Using your card," under subsection titled "Daily limits and funds available for using your Card" bullet titled "The limits for your Card" is deleted and replaced with:

Page 150 ends

Account number: November 1, 2023 - November 30, 2023 Page 3 of 3 Prior account number: 145701262
listed in the "Contact Us" section. Note: For security reasons there may be additional limits on the amount, number, or type of transactions you can make using your Card, including the geographic location of the ATM or merchant.

Please see the Wells Fargo debit and ATM card terms and conditions applicable to your card, which can be found at www.wellsfargo.com/debit-card/terms-and-conditions.

Sheet Seq = 0060071
Sheet 00003 of 00003

Page 151 ends

12/5/23, 11:09 AM 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
December 05, 2023
LAIF Home
PMIA Average Monthly
Yields

CITY OF BELL

CITY TREASURER
6330 PINE A VENUE
BELL, CA 90201
Account Number:

November 2023 Statement
Tran Type Definitions
Effective
Date
Transaction
Date
Tran
Type Confirm
Number
Web
Confirm
Number Authorized Caller Amount
11/15/2023 11/14/2023 RW 1742877 1703284 ELISA GRATIL 500,000 00 Account Summary
Total Deposit: 0.00 Beginning Balance: 20,069,217.14
Total Withdrawal 500,000 00 Ending Balance 19,569,217.14

Page 152 ends

Page 153 ends

12/5/23, 11:10 AM 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
December 05, 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:

November 2023 Statement
Tran Type Definitions
Account Summary
Total Deposit: 0.00 Beginning Balance: 668,115.22
Total Withdrawal: 0.00 Ending Balance: 668,115 22

Page 154 ends

Choice IV-Public Funds {NIB}
Account number: November 1, 2023 - November 30, 2023 Page 1 of 2 Prior account number: 145998008
©2010 Wells Fargo Bank, N.A.

CITY OF BELL

SUCCESSOR AGENCY

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account summary
Choice IV-Public Funds {NIB}
Account number Beginning balance Total credits Total debits Ending balance $590,352.81 $0.00 -$1,406.41 $588,946.40
Debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 6091 1,394.40 11/16
6093 * 0.75 11/13
6095 * 1.97 11/20
6096 3.28 11/21
6098 * 6.01 11/27
$1,406.41 Total checks paid

* Gap in check sequence.

$1,406.41 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
10/31 590,352.81
11/13 590,352.06
11/16 588,957.66
11/20 588,955.69
11/21 588,952.41
11/27 588,946.40
Average daily ledger balance $589,652.54
Limits to your Card
Effective on or after August 28, 2023 in Selected Terms and Conditions for - Wells Fargo Consumer debit and ATM cards
- Wells Fargo Campus debit and ATM cards
- Wells Fargo Business debit, ATM, and deposit cards
- Wells Fargo Advisors debit cards
Sheet Seq = 0021099
Sheet 00001 of 00002

Page 155 ends

Account number: November 1, 2023 - November 30, 2023 Page 2 of 2 Prior account number: 145998008
In the section titled "Using your card," under subsection titled "Daily limits and funds available for using your Card" bullet titled "The limits for your Card" is deleted and replaced with:

Please see the Wells Fargo debit and ATM card terms and conditions applicable to your card, which can be found at www.wellsfargo.com/debit-card/terms-and-conditions.

Sheet Seq = 0021100
Sheet 00002 of 00002

Page 156 ends

MONTHLY ACCOUNT STATEMENT
City of Bell - Account #
NOVEMBER 1, 2023 THROUGH NOVEMBER 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

Page 157 ends

ACCOUNT SUMMARY
Beg. Values
as of 10/31/23
End Values
as of 11/30/23
Market Value 10,637,664 10,770,841
Accrued Interest 61,433 59,537
Total Market Value 10,699,097 10,830,378
Income Earned 24,410 24,702
Cont/WD -1,089
Par 11,071,625 11,096,323
Book Value 10,988,901 11,014,410
Cost Value 11,059,918 11,084,752

TOP ISSUERS
Government of United States 38.2%
Federal Home Loan Bank 10.6%
Federal Home Loan Mortgage Corp 4.8%
Intl Bank Recon and Development 3.7%
John Deere ABS 2.1%
Amazon.com Inc 2.0%
Federal National Mortgage Assoc 1.9%
MUFG Bank Ltd/NY 1.9%
Total 65.2%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 1.73
Average Coupon 2.65%
Average Purchase YTM 2.79%
Average Market YTM 5.07%
Average S&P/Moody Rating AA/Aa1
Average Final Maturity 2.06 yrs
Average Life 1.85 yrs

CREDIT QUALITY (S&P)

MATURITY DISTRIBUTION

SECTOR ALLOCATION
Portfolio Summary
As of November 30, 2023
City of Bell
Account #

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 6/30/2017 City of Bell 1.24% 1.40% 3.68% 3.93% 0.27% 0.10% 1.55% N/A 1.38% ICE BofA 1-3 Yr US Treasury & Agency Index 1.01% 1.35% 3.12% 3.33% -0.45% -0.38% 1.23% N/A 1.08% Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 1

Page 158 ends

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

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

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

Complies
Mutual Funds and Money Market Mutual
Funds
Highest rating or AAA rated by two NRSROs or SEC registered with AUM >$500 million; 10% max per one Mutual Fund; 20% maximum in Money Market Mutual Funds; 20% maximum combined Mutual Funds and Money Market Mutual Funds Complies Local Agency Investment Fund (LAIF) Max amount permitted by LAIF; Not used by Investment Adviser Complies Local Government Investment Pools Other LGIPS permitted Complies Repurchase Agreements 1 year max maturity; 102% collateralized; Not used by Investment Adviser Complies City of Bell
As of November 30, 2023
Assets managed by Chandler Asset Management are in full compliance with state law and the Client's investment policy.

Statement of Compliance

Page 159 ends

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

Page 160 ends

BOOK VALUE RECONCILIATION
BEGINNING BOOK VALUE $10,988,900.97
Acquisition
+ Security Purchases $239,705.79
+ Money Market Fund Purchases $387,361.02
+ Money Market Contributions $0.00
+ Security Contributions $0.00
+ Security Transfers $0.00
Total Acquisitions $627,066.81
Dispositions
- Security Sales $0.00
- Money Market Fund Sales $239,705.79
- MMF Withdrawals $1,088.67
- Security Withdrawals $0.00
- Security Transfers $0.00
- Other Dispositions $0.00
- Maturities $325,000.00
- Calls $0.00
- Principal Paydowns $36,867.94
Total Dispositions $602,662.40
Amortization/Accretion
+/- Net Accretion $1,104.83
$1,104.83
Gain/Loss on Dispositions
+/- Realized Gain/Loss $0.00
$0.00
ENDING BOOK VALUE $11,014,410.21

CASH TRANSACTION SUMMARY
BEGINNING BALANCE $22,786.94
Acquisition
Contributions $0.00
Security Sale Proceeds $0.00
Accrued Interest Received $0.00
Interest Received $25,137.18
Dividend Received $355.90
Principal on Maturities $325,000.00
Interest on Maturities $0.00
Calls/Redemption (Principal) $0.00
Interest from Calls/Redemption $0.00
Principal Paydown $36,867.94
Total Acquisitions $387,361.02
Dispositions
Withdrawals $1,088.67
Security Purchase $239,705.79
Accrued Interest Paid $0.00
Total Dispositions $240,794.46
ENDING BOOK VALUE $169,353.50
Reconciliation Summary
As of November 30, 2023
City of Bell
Account #
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 3

Page 161 ends

Holdings Report
As of November 30, 2023
City of Bell
Account #
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
43813KAC6 Honda Auto Receivables Trust 2020-3
A3

0.37% Due 10/18/2024
2,844.81 09/22/2020

0.38%
2,844.39
2,844.81

99.57 5.64%
2,832.63

0.38 0.03%
(12.18)

NR / AAA
AAA

0.88 0.08
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-
B A3

0.4% Due 11/15/2024
9,760.46 06/22/2021

0.40%
9,759.72
9,760.42

99.60 5.24%
9,721.58

1.74 0.09%
(38.84)

NR / AAA
AAA

0.96 0.08
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
682.13 09/08/2021

0.34%
682.06
682.13

99.96 0.92%
681.85

0.04 0.01%
(0.28)
Aaa / NR
AAA

1.07 0.07
89236XAC0 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
763.24 10/06/2020

0.36%
763.10
763.20

99.78 5.63%
761.59

0.12 0.01%
(1.61)

NR / AAA
AAA

1.13 0.04
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
12,411.34 01/11/2022

1.11%
12,409.48
12,411.07

99.24 5.82%
12,316.84

2.28 0.11%
(94.23)

NR / AAA
AAA

1.32 0.16
43813GAC5 Honda Auto Receivables Trust 2021-1
A3

0.27% Due 4/21/2025
5,044.27 02/17/2021

0.27%
5,044.17
5,044.26

98.64 5.70%
4,975.72

0.38 0.05%
(68.54)
Aaa / NR
AAA

1.39 0.25
44891RAC4 Hyundai Auto Receivables Trust 2020-C
A3

0.38% Due 5/15/2025
7,733.35 10/20/2020

0.39%
7,731.56
7,733.24

99.15 5.81%
7,667.24

1.31 0.07%
(66.00)

NR / AAA
AAA

1.46 0.16
89240BAC2 Toyota Auto Receivables Owners 2021-
A A3

0.26% Due 5/15/2025
15,460.58 02/02/2021

0.27%
15,457.71
15,460.31

98.73 5.63%
15,263.66

1.79 0.14%
(196.65)
Aaa / NR
AAA

1.46 0.24
36266FAC3 GM Financial Auto Lease Trust 2022-2
A3

3.42% Due 6/20/2025
53,999.63 05/03/2022

3.45%
53,993.99
53,998.00

99.26 5.89%
53,599.12

56.43 0.50%
(398.88)

NR / AAA
AAA

1.56 0.30
47788UAC6 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,988.46 03/02/2021

0.37%
12,985.97
12,987.86

97.95 5.76%
12,722.78

2.08 0.12%
(265.08)
Aaa / NR
AAA

1.79 0.38
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
14,999.78

99.59 5.68%
14,938.29

12.90 0.14%
(61.49)
Aaa / AAA
NR

1.99 0.89
43815GAC3 Honda Auto Receivables Trust 2021-4
A3

0.88% Due 1/21/2026
26,176.35 11/16/2021

0.89%
26,170.83
26,174.26

96.79 5.82%
25,335.33

6.40 0.23%
(838.93)
Aaa / NR
AAA

2.15 0.65
47789QAC4 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
29,023.73 07/13/2021

0.52%
29,021.15
29,022.82

96.69 6.22%
28,064.35

6.71 0.26%
(958.47)
Aaa / NR
AAA

2.29 0.58
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 4

Page 162 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
44935FAD6 Hyundai Auto Receivables Trust 2021-C
A3

0.74% Due 5/15/2026
18,584.92 11/09/2021

0.75%
18,580.77
18,583.44

96.99 5.85%
18,025.25

6.11 0.17%
(558.19)

NR / AAA
AAA

2.46 0.59
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
54,996.27

96.97 5.76%
53,335.15

45.96 0.49%
(1,661.12)
Aaa / AAA
NR

2.46 0.78
43815PAC3 Honda Auto Receivables 2022-2 A3

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

3.76%
34,997.91
34,998.78

97.96 5.61%
34,287.05

47.14 0.32%
(711.73)

NR / AAA
AAA

2.64 1.10
362554AC1 GM Financial Securitized Term 2021-4
A3

0.68% Due 9/16/2026
19,142.13 10/13/2021

0.68%
19,141.63
19,141.94

96.27 6.09%
18,428.21

5.42 0.17%
(713.73)
Aaa / AAA
NR

2.80 0.69
47787JAC2 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
40,228.97 03/10/2022

2.34%
40,220.07
40,224.42

97.38 5.76%
39,173.16

41.48 0.36%
(1,051.26)
Aaa / NR
AAA

2.80 0.76
380146AC4 GM Financial Auto Receivables 2022-1
A3

1.26% Due 11/16/2026
22,125.37 01/11/2022

1.27%
22,123.45
22,124.53

96.73 5.72%
21,402.29

11.62 0.20%
(722.24)

NR / AAA
AAA

2.96 0.73
379929AD4 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026
10,000.00 08/08/2023

5.45%
9,998.80
9,998.95

99.73 5.61%
9,973.20

16.44 0.09%
(25.75)

NR / AAA
AAA

2.98 1.61
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
44,997.34

97.59 5.88%
43,915.28

74.80 0.41%
(1,082.06)
Aaa / NR
AAA

3.22 1.15
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
49,996.25

98.65 5.49%
49,324.55
101.78

0.46%
(671.70)

NR / AAA
AAA

3.38 1.57
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
29,999.88

97.75 5.64%
29,324.82

45.50 0.27%
(675.06)
Aaa / NR
AAA

3.38 1.14
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
24,996.48

99.41 5.47%
24,851.45

35.00 0.23%
(145.03)
Aaa / NR
AAA

3.39 1.60
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
34,996.83

98.56 5.58%
34,495.65

70.16 0.32%
(501.18)

NR / AAA
AAA

3.96 1.41
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
39,999.11

98.47 5.41%
39,387.40

74.50 0.36%
(611.71)
Aaa / AAA
NR

4.22 1.71
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 5

Page 163 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
47787CAC7 John Deere Owner Trust 2023-C A3

5.48% Due 5/15/2028
105,000.00 09/12/2023

5.55%
104,992.79
104,993.19
100.70

5.17%
105,732.80
255.73

0.98%
739.61
Aaa / NR
AAA

4.46 1.88
438123AC5 Honda Auto Receivables OT 2023-4 A3

5.67% Due 6/21/2028
35,000.00 11/01/2023

5.74%
34,993.84
34,993.95
101.09

5.24%
35,382.76
126.79

0.33%
388.81
Aaa / NR
AAA

4.56 2.19
89239FAD4 Toyota Auto Receivables Owner 2023-D
A3

5.54% Due 8/15/2028
45,000.00 11/07/2023

5.61%
44,995.15
44,995.21
100.96

5.18%
45,431.60
117.73

0.42%
436.39

NR / AAA
AAA

4.71 2.27
02582JKD1 American Express Credit Trust 2023-3 A

5.23% Due 9/15/2028
115,000.00 09/12/2023

5.29%
114,994.86
114,995.20
100.43

5.12%
115,490.13
267.31

1.07%
494.93

NR / AAA
AAA

4.80 2.53
Total ABS 916,969.74 3.71%
916,875.43
916,913.93 5.53%
906,841.73
1,436.03

8.39%
(10,072.20)
Aaa / AAA
AAA

3.35 1.36
AGENCY
3130A0F70 FHLB Note

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

1.52%
242,329.50
225,077.22

99.95 5.34%
224,897.40
3,649.22

2.11%
(179.82)
Aaa / AA+
NR

0.02 0.02
3130AB3H7 FHLB Note

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

1.95%
229,304.25
225,244.39

99.14 5.56%
223,057.80
1,232.03

2.07%
(2,186.59)
Aaa / AA+
NR

0.27 0.27
3130A1XJ2 FHLB Note

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

0.99%
269,372.50
252,462.39

98.68 5.40%
246,689.25
3,334.20

2.31%
(5,773.14)
Aaa / AA+
NR

0.54 0.52
3133ENKS8 FFCB Note

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

1.20%
79,820.00
79,933.68

95.75 5.14%
76,602.88
362.50

0.71%
(3,330.80)
NR / AA+
AA+

1.10 1.06
3135G06G3 FNMA Note

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

0.52%
224,768.25
224,909.68

92.16 4.79%
207,355.95

75.00 1.92%
(17,553.73)
Aaa / AA+
AA+

1.94 1.88
3130AXU63 Federal Home Loan Banks Note

4.625% Due 11/17/2026
160,000.00 11/16/2023

4.69%
159,716.80
159,720.42
100.16

4.57%
160,253.60
287.78

1.48%
533.18
Aaa / AA+
NR

2.97 2.74
3130ATS57 FHLB Note

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

3.99%
281,206.75
280,338.15
100.58

4.35%
276,601.88
2,784.38

2.58%
(3,736.27)
Aaa / AA+
NR

4.28 3.82
Total Agency 1,440,000.00 2.15%
1,486,518.05
1,447,685.93 5.01%
1,415,458.76
11,725.11

13.18%
(32,227.17)
Aaa / AA+
AA+

1.65 1.52
CMO
3137BNGT5 FHLMC K054 A2

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

4.92%
166,174.81
168,564.79

95.37 5.13%
166,899.60
400.31

1.54%
(1,665.19)

NR / AAA
NR

2.16 1.91
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 6

Page 164 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
CMO
3137FETN0 FHLMC K073 A2

3.35% Due 1/25/2028
160,000.00 05/24/2023

4.34%
153,775.00
154,452.03

94.42 4.86%
151,074.40

89.33 1.40%
(3,377.63)

NR / NR
AAA

4.16 3.69
3137FJEH8 FHLMC K081 A2

3.9% Due 8/25/2028
105,000.00 09/15/2023

4.89%
100,553.91
100,731.65

95.96 4.85%
100,762.62
341.25

0.93%

30.97 NR / NR
AAA

4.74 4.19
3137H4BY5 FHLMC K746 A2

2.031% Due 9/25/2028
110,000.00 10/03/2023

5.33%
94,625.78
95,099.87

87.95 4.89%
96,748.08
186.18

0.90%
1,648.21

NR / NR
AAA

4.82 4.42
Total CMO 550,000.00 4.82%
515,129.50
518,848.34 4.95%
515,484.70
1,017.07

4.77%
(3,363.64)

NR / AAA
AAA

3.75 3.35

COMMERCIAL PAPER
62479LDC6 MUFG Bank Ltd Discount CP

5.66% Due 4/12/2024
210,000.00 07/25/2023

5.93%
201,349.63
201,349.63

95.88 5.93%
201,349.63
4,259.15

1.90%

0.00 P-1 / A-1
NR

0.37 0.36
Total Commercial Paper 210,000.00 5.93%
201,349.63
201,349.63 5.93%
201,349.63
4,259.15

1.90%

0.00 P-1 / A-1
NR

0.37 0.36

CORPORATE
24422EVN6 John Deere Capital Corp Note

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

0.47%
94,932.55
94,996.98

99.37 5.31%
94,400.65
159.13

0.87%
(596.33)
A2 / A
A+

0.13 0.13
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
125,030.45

99.54 5.35%
124,428.00
1,148.00

1.16%
(602.45)
Aaa / AAA
NR

0.19 0.18
89114QCB2 Toronto Dominion Bank Note

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

2.49%
134,290.00
130,255.18

99.36 5.52%
129,172.16
938.89

1.20%
(1,083.02)
A1 / A
AA-

0.28 0.28
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
160,057.50

98.51 5.78%
157,621.12
243.33

1.46%
(2,436.38)
A2 / A-
A

0.30 0.29
023135BW5 Amazon.com Inc Note

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

0.50%
84,875.90
84,981.54

97.80 5.46%
83,128.64

20.19 0.77%
(1,852.90)
A1 / AA
AA-

0.45 0.44
14913R2L0 Caterpillar Financial Service Note

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

0.50%
134,819.10
134,972.27

97.72 5.48%
131,927.13

23.63 1.22%
(3,045.14)
A2 / A
A+

0.46 0.45
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
19,997.89

97.07 5.46%
19,413.54

47.22 0.18%
(584.35)
A2 / A+
NR

0.62 0.61
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 7

Page 165 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
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
151,490.61

97.78 5.83%
146,676.90
1,210.00

1.37%
(4,813.71)
A3 / A
A

0.67 0.64
69371RR40 Paccar Financial Corp Note

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

0.52%
49,973.00
49,993.79

96.59 5.60%
48,293.30

77.78 0.45%
(1,700.49)
A1 / A+
NR

0.69 0.67
78015K7C2 Royal Bank of Canada Note

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

0.69%
143,487.45
136,902.46

96.98 5.67%
130,917.87
253.13

1.21%
(5,984.59)
A1 / A
AA-

0.92 0.89
69371RR57 Paccar Financial Corp Note

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

0.90%
89,994.60
89,998.31

95.91 5.42%
86,321.16

51.75 0.80%
(3,677.15)
A1 / A+
NR

0.94 0.91
89236TKN4 Toyota Motor Credit Corp Note

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

4.84%
129,910.30
129,950.04

99.55 5.22%
129,409.80
2,444.00

1.22%
(540.24)
A1 / A+
A+

1.12 1.05
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
140,792.19

99.31 6.00%
139,029.80
1,127.00

1.29%
(1,762.39)
A1 / A-
AA-

1.25 0.25
63743HFE7 National Rural Utilities Note

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

3.46%
34,990.55
34,995.33

97.16 5.40%
34,004.32
556.79

0.32%
(991.01)
A2 / A-
A

1.54 1.45
931142EW9 Wal-Mart Stores Note

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

3.92%
29,979.00
29,987.58

98.42 4.84%
29,526.12
266.50

0.28%
(461.46)
Aa2 / AA
AA

1.78 1.68
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
39,991.38

98.32 4.99%
39,329.24
337.78

0.37%
(662.14)
A2 / A
A

1.79 1.69
91324PEN8 United Health Group Inc Note

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

5.15%
34,996.85
34,998.01
100.47

4.88%
35,165.80
230.32

0.33%
167.79
A2 / A+
A

1.88 1.76
023135CN4 Amazon.com Inc Note

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

4.60%
134,991.90
134,994.60

99.44 4.90%
134,241.03
3,105.00

1.27%
(753.57)
A1 / AA
AA-

2.01 1.85
46647PDM5 JP Morgan Chase & Co Callable Note
Cont 12/15/2024

5.546% Due 12/15/2025
60,000.00 09/19/2023

6.21%
59,686.80
59,714.05

99.70 5.84%
59,820.90
1,534.39

0.57%
106.85
A1 / A-
AA-

2.04 0.97
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

95.31 5.90%
33,359.69
195.21

0.31%
(1,640.31)
A1 / A
AA-

2.19 1.14
00440EAV9 Chubb INA Holdings Inc Callable Note
Cont 2/3/2026

3.35% Due 5/3/2026
135,000.00 08/24/2023

5.19%
128,866.95
129,462.09

96.43 4.93%
130,179.15
351.75

1.21%
717.06
A3 / A
A

2.42 2.29
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 8

Page 166 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
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

98.28 5.79%
58,969.68
1,044.98

0.55%
(1,030.32)
A1 / A-
A+

2.63 1.52
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
24,973.58

90.88 4.56%
22,719.73

53.96 0.21%
(2,253.85)
Aa2 / AA
AA

2.80 2.69
06051GLE7 Bank of America Corp Callable Note 2X
1/20/2026

5.08% Due 1/20/2027
135,000.00 08/22/2023

6.13%
132,557.85
132,752.05

98.90 5.63%
133,508.79
2,495.55

1.26%
756.74
A1 / A-
AA-

3.14 1.96
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
146,781.84

96.10 4.68%
144,153.15
1,563.33

1.35%
(2,628.69)
Aaa / AA+
NR

3.20 2.95
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
146,564.47

97.11 4.92%
145,671.15
350.00

1.35%
(893.32)
A2 / A+
A+

3.44 3.16
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
97,486.64

98.06 4.51%
98,060.20
899.72

0.91%
573.56
Aa2 / AA
AA

3.78 3.43
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
127,352.34
101.07

4.66%
126,341.38
1,821.88

1.18%
(1,010.96)
A2 / A
A

4.21 3.65
58933YBH7 Merck & Co Callable Note Cont
4/17/2028

4.05% Due 5/17/2028
30,000.00 05/08/2023

4.07%
29,975.70
29,978.33

97.66 4.64%
29,296.92

47.25 0.27%
(681.41)
A1 / A+
NR

4.47 4.02
Total Corporate 2,725,000.00 2.81%
2,747,788.00
2,714,451.50 5.31%
2,675,087.32
22,598.46

24.91%
(39,364.18)
A1 / A+
A+

1.70 1.42

MONEY MARKET FUND
31846V203 First American Govt Obligation Fund
Class Y
169,353.50 Various

4.98%
169,353.50
169,353.50

1.00 4.98%
169,353.50

0.00 1.56%

0.00 Aaa / AAA
AAA

0.00 0.00
Total Money Market Fund 169,353.50 4.98%
169,353.50
169,353.50 4.98%
169,353.50

0.00 1.56%

0.00 Aaa / AAA
AAA

0.00 0.00
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 9

Page 167 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

MUNICIPAL BONDS
13063D7D4 California State STE-GO

5.5% Due 10/1/2028
100,000.00 10/04/2023

5.12%
101,634.00
101,588.14
102.22

4.98%
102,215.50
763.89

0.95%
627.36
Aa2 / AA-
AA

4.84 4.18
Total Municipal Bonds 100,000.00 5.12%
101,634.00
101,588.14 4.98%
102,215.50
763.89

0.95%
627.36
Aa2 / AA-
AA

4.84 4.18

SUPRANATIONAL
459058GQ0 Intl. Bank Recon & Development Note

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

0.26%
160,491.00
150,997.84

99.14 5.36%
148,711.35
750.00

1.38%
(2,286.49)
Aaa / AAA
AAA

0.30 0.30
4581X0DZ8 Inter-American Dev Bank Note

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

0.52%
169,874.20
169,965.91

96.20 5.33%
163,538.13
160.56

1.51%
(6,427.78)
Aaa / AAA
NR

0.82 0.79
45950KCR9 International Finance Corp Note

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

0.54%
102,690.00
100,723.36

96.69 5.28%
96,691.00
171.88

0.89%
(4,032.36)
Aaa / AAA
NR

0.88 0.85
459058KT9 Intl. Bank Recon & Development Note

3.5% Due 7/12/2028
140,000.00 09/07/2023

4.54%
133,740.60
134,027.70

96.05 4.46%
134,468.18
1,891.94

1.26%
440.48
Aaa / AAA
NR

4.62 4.14
459058KW2 Intl. Bank Recon & Development Note

4.625% Due 8/1/2028
115,000.00 Various

4.92%
113,575.80
113,613.20
100.70

4.46%
115,800.06
960.33

1.08%
2,186.86
Aaa / AAA
NR

4.67 4.13
Total Supranational 675,000.00 2.02%
680,371.60
669,328.01 5.00%
659,208.72
3,934.71

6.12%
(10,119.29)
Aaa / AAA
AAA

2.17 1.97

US TREASURY
912828V80 US Treasury Note

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

1.67%
230,370.12
225,210.80

99.47 5.38%
223,808.85
1,692.09

2.08%
(1,401.95)
Aaa / AA+
AA+

0.17 0.17
91282CBV2 US Treasury Note

0.375% Due 4/15/2024
270,000.00 06/23/2023

5.36%
259,548.05
265,165.08

98.20 5.27%
265,148.37
130.02

2.45%
(16.71)
Aaa / AA+
AA+

0.38 0.37
912828WJ5 US Treasury Note

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

1.74%
206,460.94
200,664.10

98.74 5.31%
197,476.60
219.78

1.83%
(3,187.50)
Aaa / AA+
AA+

0.46 0.45
91282CCG4 US Treasury Note

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

0.43%
248,681.64
249,762.38

97.35 5.29%
243,369.25
288.59

2.25%
(6,393.13)
Aaa / AA+
AA+

0.54 0.53
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 10

Page 168 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
91282CCT6 US Treasury Note

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

0.45%
249,443.36
249,867.64

96.62 5.29%
241,552.75
275.14

2.23%
(8,314.89)
Aaa / AA+
AA+

0.71 0.69
91282CDH1 US Treasury Note

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

0.83%
224,437.50
224,819.71

95.85 5.24%
215,666.10

74.18 1.99%
(9,153.61)
Aaa / AA+
AA+

0.96 0.93
912828ZF0 US Treasury Note

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

0.58%
124,609.38
124,870.24

94.22 5.04%
117,773.50
105.87

1.09%
(7,096.74)
Aaa / AA+
AA+

1.33 1.30
912828ZT0 US Treasury Note

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

0.60%
246,337.89
248,711.79

93.32 4.93%
233,291.00

1.71 2.15%
(15,420.79)
Aaa / AA+
AA+

1.50 1.46
91282CEY3 US Treasury Note
3% Due 7/15/2025
260,000.00 06/23/2023

4.71%
251,417.97
253,225.92

97.13 4.86%
252,525.00
2,946.20

2.36%
(700.92)
Aaa / AA+
AA+

1.62 1.54
91282CAZ4 US Treasury Note

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

0.41%
174,699.22
174,879.09

91.83 4.70%
160,706.00

1.79 1.48%
(14,173.09)
Aaa / AA+
AA+

2.00 1.95
9128286L9 US Treasury Note

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

3.08%
268,007.23
269,925.00

94.87 4.59%
260,895.53
1,048.15

2.42%
(9,029.47)
Aaa / AA+
AA+

2.33 2.23
912828R36 US Treasury Note

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

2.68%
256,468.75
258,397.97

93.25 4.56%
247,102.17
189.28

2.28%
(11,295.80)
Aaa / AA+
AA+

2.46 2.36
912828YG9 US Treasury Note

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

1.24%
203,531.25
202,103.29

92.54 4.46%
185,078.20
550.55

1.71%
(17,025.09)
Aaa / AA+
AA+

2.84 2.71
912828U24 US Treasury Note
2% Due 11/15/2026
265,000.00 03/29/2022

2.56%
258,602.73
260,914.22

93.25 4.46%
247,102.17
232.97

2.28%
(13,812.05)
Aaa / AA+
AA+

2.96 2.82
91282CEF4 US Treasury Note

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

2.73%
197,890.63
198,550.85

94.13 4.41%
188,257.80
846.99

1.75%
(10,293.05)
Aaa / AA+
AA+

3.33 3.13
912828X88 US Treasury Note

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

2.97%
267,540.04
269,784.27

93.50 4.42%
257,125.00
287.09

2.38%
(12,659.27)
Aaa / AA+
AA+

3.46 3.26
91282CFM8 US Treasury Note

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

4.19%
259,278.91
259,439.24

99.07 4.39%
257,592.92
1,816.80

2.40%
(1,846.32)
Aaa / AA+
AA+

3.84 3.48
91282CGC9 US Treasury Note

3.875% Due 12/31/2027
100,000.00 05/25/2023

3.98%
99,578.13
99,625.59

98.18 4.37%
98,175.80
1,621.60

0.92%
(1,449.79)
Aaa / AA+
AA+

4.09 3.67
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 11

Page 169 ends

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
91282CGT2 US Treasury Note

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

3.73%
238,828.13
238,974.05

97.16 4.35%
233,193.84
1,473.77

2.17%
(5,780.21)
Aaa / AA+
AA+

4.34 3.93
Total US Treasury 4,310,000.00 2.39%
4,265,731.87
4,274,891.23 4.81%
4,125,840.85
13,802.57

38.22%
(149,050.38)
Aaa / AA+
AA+

2.03 1.91
TOTAL PORTFOLIO 11,096,323.24 2.79%
11,084,751.58
11,014,410.21 5.07%
10,770,840.71
59,536.99
100.00%
(243,569.50)
Aa1 / AA
AA+

2.06 1.73
TOTAL MARKET VALUE PLUS ACCRUED 10,830,377.70
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 12

Page 170 ends

Transaction Ledger
As of November 30, 2023
City of Bell
Account #
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 11/01/2023 31846V203 1,518.75 First American Govt Obligation Fund Class Y

1.000 4.97% 1,518.75 0.00 1,518.75 0.00
Purchase 11/01/2023 31846V203 355.90 First American Govt Obligation Fund Class Y

1.000 4.97% 355.90 0.00 355.90 0.00
Purchase 11/03/2023 31846V203 2,261.25 First American Govt Obligation Fund Class Y

1.000 4.97% 2,261.25 0.00 2,261.25 0.00
Purchase 11/06/2023 31846V203 275.00 First American Govt Obligation Fund Class Y

1.000 4.97% 275.00 0.00 275.00 0.00
Purchase 11/06/2023 31846V203 220,000.00 First American Govt Obligation Fund Class Y

1.000 4.97% 220,000.00 0.00 220,000.00 0.00
Purchase 11/07/2023 31846V203 562.50 First American Govt Obligation Fund Class Y

1.000 4.97% 562.50 0.00 562.50 0.00
Purchase 11/08/2023 31846V203 405.00 First American Govt Obligation Fund Class Y

1.000 4.97% 405.00 0.00 405.00 0.00
Purchase 11/08/2023 438123AC5 35,000.00 Honda Auto Receivables OT 2023-4 A3

5.67% Due 6/21/2028

99.982 5.74% 34,993.84 0.00 34,993.84 0.00
Purchase 11/10/2023 31846V203 3,000.00 First American Govt Obligation Fund Class Y

1.000 4.97% 3,000.00 0.00 3,000.00 0.00
Purchase 11/12/2023 31846V203 191.25 First American Govt Obligation Fund Class Y

1.000 4.97% 191.25 0.00 191.25 0.00
Purchase 11/14/2023 89239FAD4 45,000.00 Toyota Auto Receivables Owner 2023-D A3

5.54% Due 8/15/2028

99.989 5.61% 44,995.15 0.00 44,995.15 0.00
Purchase 11/15/2023 31846V203 11,412.51 First American Govt Obligation Fund Class Y

1.000 4.97% 11,412.51 0.00 11,412.51 0.00
Purchase 11/15/2023 31846V203 479.50 First American Govt Obligation Fund Class Y

1.000 4.97% 479.50 0.00 479.50 0.00
Purchase 11/15/2023 31846V203 131.54 First American Govt Obligation Fund Class Y

1.000 4.97% 131.54 0.00 131.54 0.00
Purchase 11/15/2023 31846V203 140.25 First American Govt Obligation Fund Class Y

1.000 4.97% 140.25 0.00 140.25 0.00
Purchase 11/15/2023 31846V203 190.83 First American Govt Obligation Fund Class Y

1.000 4.97% 190.83 0.00 190.83 0.00
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 13

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ACQUISITIONS
Purchase 11/15/2023 31846V203 501.21 First American Govt Obligation Fund Class Y

1.000 4.97% 501.21 0.00 501.21 0.00
Purchase 11/15/2023 31846V203 86.17 First American Govt Obligation Fund Class Y

1.000 4.97% 86.17 0.00 86.17 0.00
Purchase 11/15/2023 31846V203 2,168.41 First American Govt Obligation Fund Class Y

1.000 4.97% 2,168.41 0.00 2,168.41 0.00
Purchase 11/15/2023 31846V203 1,403.24 First American Govt Obligation Fund Class Y

1.000 4.97% 1,403.24 0.00 1,403.24 0.00
Purchase 11/15/2023 31846V203 4,128.08 First American Govt Obligation Fund Class Y

1.000 4.97% 4,128.08 0.00 4,128.08 0.00
Purchase 11/15/2023 31846V203 142.50 First American Govt Obligation Fund Class Y

1.000 4.97% 142.50 0.00 142.50 0.00
Purchase 11/15/2023 31846V203 2,532.34 First American Govt Obligation Fund Class Y

1.000 4.97% 2,532.34 0.00 2,532.34 0.00
Purchase 11/15/2023 31846V203 2,460.47 First American Govt Obligation Fund Class Y

1.000 4.97% 2,460.47 0.00 2,460.47 0.00
Purchase 11/15/2023 31846V203 5,270.33 First American Govt Obligation Fund Class Y

1.000 4.97% 5,270.33 0.00 5,270.33 0.00
Purchase 11/15/2023 31846V203 1,555.73 First American Govt Obligation Fund Class Y

1.000 4.97% 1,555.73 0.00 1,555.73 0.00
Purchase 11/15/2023 31846V203 2,729.30 First American Govt Obligation Fund Class Y

1.000 4.97% 2,729.30 0.00 2,729.30 0.00
Purchase 11/16/2023 31846V203 91.00 First American Govt Obligation Fund Class Y

1.000 4.97% 91.00 0.00 91.00 0.00
Purchase 11/16/2023 31846V203 149.00 First American Govt Obligation Fund Class Y

1.000 4.97% 149.00 0.00 149.00 0.00
Purchase 11/16/2023 31846V203 1,189.25 First American Govt Obligation Fund Class Y

1.000 4.97% 1,189.25 0.00 1,189.25 0.00
Purchase 11/16/2023 31846V203 1,314.92 First American Govt Obligation Fund Class Y

1.000 4.97% 1,314.92 0.00 1,314.92 0.00
Purchase 11/17/2023 3130AXU63 160,000.00 Federal Home Loan Banks Note

4.625% Due 11/17/2026

99.823 4.69% 159,716.80 0.00 159,716.80 0.00
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 14

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ACQUISITIONS
Purchase 11/17/2023 31846V203 911.25 First American Govt Obligation Fund Class Y

1.000 4.97% 911.25 0.00 911.25 0.00
Purchase 11/20/2023 31846V203 44.83 First American Govt Obligation Fund Class Y

1.000 4.97% 44.83 0.00 44.83 0.00
Purchase 11/20/2023 31846V203 108.79 First American Govt Obligation Fund Class Y

1.000 4.97% 108.79 0.00 108.79 0.00
Purchase 11/20/2023 31846V203 1,157.12 First American Govt Obligation Fund Class Y

1.000 4.97% 1,157.12 0.00 1,157.12 0.00
Purchase 11/20/2023 31846V203 1,811.63 First American Govt Obligation Fund Class Y

1.000 4.97% 1,811.63 0.00 1,811.63 0.00
Purchase 11/21/2023 31846V203 105.00 First American Govt Obligation Fund Class Y

1.000 4.97% 105.00 0.00 105.00 0.00
Purchase 11/21/2023 31846V203 945.12 First American Govt Obligation Fund Class Y

1.000 4.97% 945.12 0.00 945.12 0.00
Purchase 11/21/2023 31846V203 1,922.87 First American Govt Obligation Fund Class Y

1.000 4.97% 1,922.87 0.00 1,922.87 0.00
Purchase 11/24/2023 31846V203 105,000.00 First American Govt Obligation Fund Class Y

1.000 4.97% 105,000.00 0.00 105,000.00 0.00
Purchase 11/24/2023 31846V203 131.25 First American Govt Obligation Fund Class Y

1.000 4.97% 131.25 0.00 131.25 0.00
Purchase 11/27/2023 31846V203 186.18 First American Govt Obligation Fund Class Y

1.000 4.97% 186.18 0.00 186.18 0.00
Purchase 11/27/2023 31846V203 341.25 First American Govt Obligation Fund Class Y

1.000 4.97% 341.25 0.00 341.25 0.00
Purchase 11/27/2023 31846V203 446.67 First American Govt Obligation Fund Class Y

1.000 4.97% 446.67 0.00 446.67 0.00
Purchase 11/27/2023 31846V203 400.31 First American Govt Obligation Fund Class Y

1.000 4.97% 400.31 0.00 400.31 0.00
Purchase 11/27/2023 31846V203 64.50 First American Govt Obligation Fund Class Y

1.000 4.97% 64.50 0.00 64.50 0.00
Purchase 11/27/2023 31846V203 3,389.11 First American Govt Obligation Fund Class Y

1.000 4.97% 3,389.11 0.00 3,389.11 0.00
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 15

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ACQUISITIONS
Purchase 11/27/2023 31846V203 3,108.28 First American Govt Obligation Fund Class Y

1.000 4.97% 3,108.28 0.00 3,108.28 0.00
Purchase 11/30/2023 31846V203 640.63 First American Govt Obligation Fund Class Y

1.000 4.98% 640.63 0.00 640.63 0.00
Subtotal 627,361.02 627,066.81 0.00 627,066.81 0.00
Short Sale 11/08/2023 31846V203 -34,993.84 First American Govt Obligation Fund Class Y

1.000 -34,993.84 0.00 -34,993.84 0.00
Subtotal -34,993.84 -34,993.84 0.00 -34,993.84 0.00
TOTAL ACQUISITIONS 592,367.18 592,072.97 0.00 592,072.97 0.00

DISPOSITIONS
Closing
Purchase
11/08/2023 31846V203 -34,993.84 First American Govt Obligation Fund Class Y

1.000 -34,993.84 0.00 -34,993.84 0.00
Subtotal -34,993.84 -34,993.84 0.00 -34,993.84 0.00
Sale 11/08/2023 31846V203 34,993.84 First American Govt Obligation Fund Class Y

1.000 4.97% 34,993.84 0.00 34,993.84 0.00
Sale 11/14/2023 31846V203 44,995.15 First American Govt Obligation Fund Class Y

1.000 4.97% 44,995.15 0.00 44,995.15 0.00
Sale 11/17/2023 31846V203 159,716.80 First American Govt Obligation Fund Class Y

1.000 4.97% 159,716.80 0.00 159,716.80 0.00
Subtotal 239,705.79 239,705.79 0.00 239,705.79 0.00
Paydown 11/15/2023 02582JKD1 0.00 American Express Credit Trust 2023-3 A

5.23% Due 9/15/2028
100.000 0.00 501.21 501.21 0.00
Paydown 11/15/2023 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 11/15/2023 44891RAC4 2,165.28 Hyundai Auto Receivables Trust 2020-C A3

0.38% Due 5/15/2025
100.000 2,165.28 3.13 2,168.41 0.00
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 16

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DISPOSITIONS
Paydown 11/15/2023 448979AD6 0.00 Hyundai Auto Receivables Trust 2023-A A3

4.58% Due 4/15/2027
100.000 0.00 190.83 190.83 0.00
Paydown 11/15/2023 44935FAD6 1,390.92 Hyundai Auto Receivables Trust 2021-C A3

0.74% Due 5/15/2026
100.000 1,390.92 12.32 1,403.24 0.00
Paydown 11/15/2023 47787CAC7 0.00 John Deere Owner Trust 2023-C A3

5.48% Due 5/15/2028
100.000 0.00 479.50 479.50 0.00
Paydown 11/15/2023 47787JAC2 4,042.49 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
100.000 4,042.49 85.59 4,128.08 0.00
Paydown 11/15/2023 47787NAC3 142.44 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
100.000 142.44 0.06 142.50 0.00
Paydown 11/15/2023 47788UAC6 2,527.69 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
100.000 2,527.69 4.65 2,532.34 0.00
Paydown 11/15/2023 47789QAC4 2,446.83 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
100.000 2,446.83 13.64 2,460.47 0.00
Paydown 11/15/2023 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 11/15/2023 58769KAD6 5,265.32 Mercedes-Benz Auto Lease Trust 2021- B A3

0.4% Due 11/15/2024
100.000 5,265.32 5.01 5,270.33 0.00
Paydown 11/15/2023 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
Paydown 11/15/2023 89236XAC0 1,555.05 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
100.000 1,555.05 0.68 1,555.73 0.00
Paydown 11/15/2023 89240BAC2 2,725.36 Toyota Auto Receivables Owners 2021- A A3

0.26% Due 5/15/2025
100.000 2,725.36 3.94 2,729.30 0.00
Paydown 11/16/2023 362554AC1 1,177.74 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
100.000 1,177.74 11.51 1,189.25 0.00
Paydown 11/16/2023 362583AD8 0.00 GM Auto Receivable Trust 2023-2 A3

4.47% Due 2/16/2028
100.000 0.00 149.00 149.00 0.00
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 17

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DISPOSITIONS
Paydown 11/16/2023 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 11/16/2023 380146AC4 1,290.33 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
100.000 1,290.33 24.59 1,314.92 0.00
Paydown 11/20/2023 36266FAC3 1,000.37 GM Financial Auto Lease Trust 2022-2 A3

3.42% Due 6/20/2025
100.000 1,000.37 156.75 1,157.12 0.00
Paydown 11/20/2023 379929AD4 0.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026
100.000 0.00 44.83 44.83 0.00
Paydown 11/20/2023 43813KAC6 1,810.19 Honda Auto Receivables Trust 2020-3 A3

0.37% Due 10/18/2024
100.000 1,810.19 1.44 1,811.63 0.00
Paydown 11/20/2023 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 11/21/2023 43813GAC5 943.77 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
100.000 943.77 1.35 945.12 0.00
Paydown 11/21/2023 43815GAC3 1,902.28 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
100.000 1,902.28 20.59 1,922.87 0.00
Paydown 11/21/2023 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 11/27/2023 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 11/27/2023 05601XAC3 3,374.64 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
100.000 3,374.64 14.47 3,389.11 0.00
Paydown 11/27/2023 09690AAC7 3,107.24 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
100.000 3,107.24 1.04 3,108.28 0.00
Paydown 11/27/2023 3137BNGT5 0.00 FHLMC K054 A2

2.745% Due 1/25/2026
100.000 0.00 400.31 400.31 0.00
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 18

Page 176 ends

DISPOSITIONS
Paydown 11/27/2023 3137FETN0 0.00 FHLMC K073 A2

3.35% Due 1/25/2028
100.000 0.00 446.67 446.67 0.00
Paydown 11/27/2023 3137FJEH8 0.00 FHLMC K081 A2

3.9% Due 8/25/2028
100.000 0.00 341.25 341.25 0.00
Paydown 11/27/2023 3137H4BY5 0.00 FHLMC K746 A2

2.031% Due 9/25/2028
100.000 0.00 186.18 186.18 0.00
Subtotal 36,867.94 36,867.94 3,827.79 40,695.73 0.00
Maturity 11/06/2023 3137EAEZ8 220,000.00 FHLMC Note

0.25% Due 11/6/2023
100.000 220,000.00 0.00 220,000.00 0.00
Maturity 11/24/2023 459058JM6 105,000.00 Intl. Bank Recon & Development Note

0.25% Due 11/24/2023
100.000 105,000.00 0.00 105,000.00 0.00
Subtotal 325,000.00 325,000.00 0.00 325,000.00 0.00
Security
Withdrawal
11/06/2023 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
11/27/2023 31846V203 88.67 First American Govt Obligation Fund Class Y

1.000 88.67 0.00 88.67 0.00
Subtotal 1,088.67 1,088.67 0.00 1,088.67 0.00
TOTAL DISPOSITIONS 567,668.56 567,668.56 3,827.79 571,496.35 0.00

OTHER TRANSACTIONS
Interest 11/01/2023 78015K7C2 135,000.00 Royal Bank of Canada Note

2.25% Due 11/1/2024

0.000 1,518.75 0.00 1,518.75 0.00
Interest 11/03/2023 00440EAV9 135,000.00 Chubb INA Holdings Inc Callable Note Cont 2/3/2026

3.35% Due 5/3/2026

0.000 2,261.25 0.00 2,261.25 0.00
Interest 11/06/2023 3137EAEZ8 220,000.00 FHLMC Note

0.25% Due 11/6/2023

0.000 275.00 0.00 275.00 0.00
Interest 11/07/2023 3135G06G3 225,000.00 FNMA Note

0.5% Due 11/7/2025

0.000 562.50 0.00 562.50 0.00
Interest 11/08/2023 69371RR57 90,000.00 Paccar Financial Corp Note

0.9% Due 11/8/2024

0.000 405.00 0.00 405.00 0.00
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 19

Page 177 ends

OTHER TRANSACTIONS
Interest 11/10/2023 665859AW4 150,000.00 Northern Trust Company Callable Note Cont 4/10/2027
4% Due 5/10/2027

0.000 3,000.00 0.00 3,000.00 0.00
Interest 11/12/2023 023135BW5 85,000.00 Amazon.com Inc Note

0.45% Due 5/12/2024

0.000 191.25 0.00 191.25 0.00
Interest 11/15/2023 912828R36 265,000.00 US Treasury Note

1.625% Due 5/15/2026

0.000 2,153.13 0.00 2,153.13 0.00
Interest 11/15/2023 912828U24 265,000.00 US Treasury Note 2% Due 11/15/2026

0.000 2,650.00 0.00 2,650.00 0.00
Interest 11/15/2023 912828WJ5 200,000.00 US Treasury Note

2.5% Due 5/15/2024

0.000 2,500.00 0.00 2,500.00 0.00
Interest 11/15/2023 912828X88 275,000.00 US Treasury Note

2.375% Due 5/15/2027

0.000 3,265.63 0.00 3,265.63 0.00
Interest 11/15/2023 91282CDH1 225,000.00 US Treasury Note

0.75% Due 11/15/2024

0.000 843.75 0.00 843.75 0.00
Interest 11/17/2023 14913R2L0 135,000.00 Caterpillar Financial Service Note

0.45% Due 5/17/2024

0.000 303.75 0.00 303.75 0.00
Interest 11/17/2023 58933YBH7 30,000.00 Merck & Co Callable Note Cont 4/17/2028

4.05% Due 5/17/2028

0.000 607.50 0.00 607.50 0.00
Interest 11/24/2023 459058JM6 105,000.00 Intl. Bank Recon & Development Note

0.25% Due 11/24/2023

0.000 131.25 0.00 131.25 0.00
Interest 11/30/2023 912828ZT0 250,000.00 US Treasury Note

0.25% Due 5/31/2025

0.000 312.50 0.00 312.50 0.00
Interest 11/30/2023 91282CAZ4 175,000.00 US Treasury Note

0.375% Due 11/30/2025

0.000 328.13 0.00 328.13 0.00
Subtotal 2,965,000.00 21,309.39 0.00 21,309.39 0.00
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 20

Page 178 ends

OTHER TRANSACTIONS
Dividend 11/01/2023 31846V203 -10,688.15 First American Govt Obligation Fund Class Y

0.000 355.90 0.00 355.90 0.00
Subtotal -10,688.15 355.90 0.00 355.90 0.00
TOTAL OTHER TRANSACTIONS 2,954,311.85 21,665.29 0.00 21,665.29 0.00 Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 21

Page 179 ends

Income Earned
As of November 30, 2023
City of Bell
Account #
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
00440EAV9 Chubb INA Holdings Inc
Callable Note Cont 2/3/2026

3.35% Due 05/03/2026
08/24/2023
08/28/2023
135,000.00
129,274.15

0.00 0.00
129,462.09
2,236.13
2,261.25
351.75
376.87
187.94

0.00 187.94
564.81
564.81
023135BW5 Amazon.com Inc
Note

0.45% Due 05/12/2024
05/10/2021
05/12/2021
85,000.00
84,978.15

0.00 0.00
84,981.54
179.56
191.25

20.19 31.88

3.39 0.00

3.39 35.27

35.27 023135CN4 Amazon.com Inc
Note

4.6% Due 12/01/2025
11/29/2022
12/01/2022
135,000.00
134,994.38

0.00 0.00
134,994.60
2,587.50

0.00 3,105.00
517.50

0.22 0.00

0.22 517.72
517.72
02582JKD1 American Express Credit Trust
2023-3 A

5.23% Due 09/15/2028
09/12/2023
09/19/2023
115,000.00
114,995.06

0.00 0.00
114,995.20
267.31
501.21
267.31
501.21

0.14 0.00

0.14 501.35
501.35
037833CJ7 Apple Inc
Callable Note Cont 11/9/2026

3.35% Due 02/09/2027
01/24/2023
01/26/2023
150,000.00
146,699.04

0.00 0.00
146,781.84
1,144.58

0.00 1,563.33
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
14,999.76

0.00 0.00
14,999.78

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
12,411.34
15,785.55

0.00 3,374.64
12,411.07

2.89 14.47

2.28 13.86

0.16 0.00

0.16 14.02

14.02 06051GLE7 Bank of America Corp
Callable Note 2X 1/20/2026

5.08% Due 01/20/2027
08/22/2023
08/24/2023
135,000.00
132,693.20

0.00 0.00
132,752.05
1,924.05

0.00 2,495.55
571.50

58.85 0.00

58.85 630.35
630.35
09690AAC7 BMW Vehicle Lease Trust
2021-2 A3

0.33% Due 12/26/2024
09/08/2021
09/15/2021
682.13
3,789.34

0.00 3,107.24
682.13

0.21 1.04

0.04 0.87

0.03 0.00

0.03 0.90

0.90 Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 22

Page 180 ends

5.5% Due 10/01/2028
10/04/2023
10/11/2023
100,000.00
101,615.12

0.00 0.00
101,588.14
305.56

0.00 763.89
458.33

0.00 26.98
(26.98)
431.35
431.35
14913R2L0 Caterpillar Financial Service
Note

0.45% Due 05/17/2024
05/10/2021
05/17/2021
135,000.00
134,967.32

0.00 0.00
134,972.27
276.75
303.75

23.63 50.63

4.95 0.00

4.95 55.58

55.58 24422EVN6 John Deere Capital Corp
Note

0.45% Due 01/17/2024
03/01/2021
03/04/2021
95,000.00
94,995.05

0.00 0.00
94,996.98
123.50

0.00 159.13

35.63 1.93

0.00 1.93

37.56 37.56
3130A0F70 FHLB
Note

3.375% Due 12/08/2023
08/19/2019
08/20/2019
225,000.00
225,408.14

0.00 0.00
225,077.22
3,016.41

0.00 3,649.22
632.81

0.00 330.92
(330.92)
301.89
301.89
3130A1XJ2 FHLB
Note

2.875% Due 06/14/2024
03/24/2020
03/25/2020
250,000.00
252,839.29

0.00 0.00
252,462.39
2,735.24

0.00 3,334.20
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
225,319.20

0.00 0.00
225,244.39
786.72

0.00 1,232.03
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
280,440.74

0.00 0.00
280,338.15
1,753.13

0.00 2,784.38
1,031.25

0.00 102.59
(102.59)
928.66
928.66
3130AXU63 Federal Home Loan Banks
Note

4.625% Due 11/17/2026
11/16/2023
11/17/2023
160,000.00

0.00 159,716.80

0.00 159,720.42

0.00 0.00
287.78
287.78

3.62 0.00

3.62 291.40
291.40
3133ENKS8 FFCB
Note

1.125% Due 01/06/2025
01/06/2022
01/11/2022
80,000.00
79,928.73

0.00 0.00
79,933.68
287.50

0.00 362.50

75.00 4.95

0.00 4.95

79.95 79.95
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 23

Page 181 ends

0.5% Due 11/07/2025
11/18/2020
11/19/2020
225,000.00
224,905.84

0.00 0.00
224,909.68
543.75
562.50

75.00 93.75

3.84 0.00

3.84 97.59

97.59 3137BNGT5 FHLMC
K054 A2

2.745% Due 01/25/2026
02/15/2023
02/21/2023
175,000.00
168,311.43

0.00 0.00
168,564.79
400.31
400.31
400.31
400.31
253.36

0.00 253.36
653.67
653.67
3137EAEZ8 FHLMC
Note
Due 11/06/2023
11/03/2020
11/05/2020

0.00 219,999.10

0.00 220,000.00

0.00 267.36
275.00

0.00 7.64

0.90 0.00

0.90 8.54

8.54 3137FETN0 FHLMC
K073 A2

3.35% Due 01/25/2028
05/24/2023
05/30/2023
160,000.00
154,342.24

0.00 0.00
154,452.03

89.33 446.67

89.33 446.67
109.79

0.00 109.79
556.46
556.46
3137FJEH8 FHLMC
K081 A2

3.9% Due 08/25/2028
09/15/2023
09/20/2023
105,000.00
100,657.59

0.00 0.00
100,731.65
341.25
341.25
341.25
341.25

74.06 0.00

74.06 415.31
415.31
3137H4BY5 FHLMC
K746 A2

2.031% Due 09/25/2028
10/03/2023
10/06/2023
110,000.00
94,845.90

0.00 0.00
95,099.87
186.18
186.18
186.18
186.18
253.97

0.00 253.97
440.15
440.15
362554AC1 GM Financial Securitized Term
2021-4 A3

0.68% Due 09/16/2026
10/13/2021
10/21/2021
19,142.13
20,319.66

0.00 1,177.74
19,141.94

5.76 11.51

5.42 11.17

0.02 0.00

0.02 11.19

11.19 362583AD8 GM Auto Receivable Trust
2023-2 A3

4.47% Due 02/16/2028
04/04/2023
04/12/2023
40,000.00
39,999.08

0.00 0.00
39,999.11

74.50 149.00

0.03 0.00

0.03 149.03
149.03
36265WAD5 GM Financial Securitized Auto
2022-3 A3

3.64% Due 04/16/2027
07/06/2022
07/13/2022
30,000.00
29,999.88

0.00 0.00
29,999.88

45.50 91.00

0.00 0.00

0.00 91.00

91.00 Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 24

Page 182 ends

3.42% Due 06/20/2025
05/03/2022
05/11/2022
53,999.63
54,998.12

0.00 1,000.37
53,998.00

57.48 156.75

56.43 155.70

0.25 0.00

0.25 155.95
155.95
379929AD4 GM Financial Auto Leasing
2023-3 A3

5.38% Due 11/20/2026
08/08/2023
08/16/2023
10,000.00
9,998.91

0.00 0.00
9,998.95

16.44 44.83

0.04 0.00

0.04 44.87

44.87 380146AC4 GM Financial Auto Receivables
2022-1 A3

1.26% Due 11/16/2026
01/11/2022
01/19/2022
22,125.37
23,414.76

0.00 1,290.33
22,124.53

12.29 24.59

11.62 23.92

0.10 0.00

0.10 24.02

24.02 437076CR1 Home Depot
Callable Note Cont 8/15/2025
4% Due 09/15/2025
09/12/2022
09/19/2022
40,000.00
39,990.98

0.00 0.00
39,991.38
204.44

0.00 337.78
133.34

0.40 0.00

0.40 133.74
133.74
438123AC5 Honda Auto Receivables OT
2023-4 A3

5.67% Due 06/21/2028
11/01/2023
11/08/2023
35,000.00

0.00 34,993.84

0.00 34,993.95

0.00 0.00
126.79
126.79

0.11 0.00

0.11 126.90
126.90
43813GAC5 Honda Auto Receivables Trust
2021-1 A3

0.27% Due 04/21/2025
02/17/2021
02/24/2021
5,044.27
5,988.02

0.00 943.77
5,044.26

0.45 1.35

0.38 1.28

0.01 0.00

0.01 1.29

1.29 43813KAC6 Honda Auto Receivables Trust
2020-3 A3

0.37% Due 10/18/2024
09/22/2020
09/29/2020
2,844.81
4,654.99

0.00 1,810.19
2,844.81

0.62 1.44

0.38 1.20

0.01 0.00

0.01 1.21

1.21 43815BAC4 Honda Auto Receivables Trust
2022-1 A3

1.88% Due 05/15/2026
02/15/2022
02/23/2022
55,000.00
54,996.06

0.00 0.00
54,996.27

45.96 86.17

0.21 0.00

0.21 86.38

86.38 43815GAC3 Honda Auto Receivables Trust
2021-4 A3

0.88% Due 01/21/2026
11/16/2021
11/24/2021
26,176.35
28,076.24

0.00 1,902.28
26,174.26

6.86 20.59

6.40 20.13

0.30 0.00

0.30 20.43

20.43 Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 25

Page 183 ends

5.04% Due 04/21/2027
02/16/2023
02/24/2023
25,000.00
24,996.36

0.00 0.00
24,996.48

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
34,998.72

0.00 0.00
34,998.78

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
127,399.20

0.00 0.00
127,352.34
1,306.25

0.00 1,821.88
515.63

0.00 46.86
(46.86)
468.77
468.77
44891RAC4 Hyundai Auto Receivables Trust
2020-C A3

0.38% Due 05/15/2025
10/20/2020
10/28/2020
7,733.35
9,898.43

0.00 2,165.28
7,733.24

1.67 3.13

1.31 2.77

0.09 0.00

0.09 2.86

2.86 448979AD6 Hyundai Auto Receivables Trust
2023-A A3

4.58% Due 04/15/2027
04/04/2023
04/12/2023
50,000.00
49,996.10

0.00 0.00
49,996.25
101.78
190.83
101.78
190.83

0.15 0.00

0.15 190.98
190.98
44935FAD6 Hyundai Auto Receivables Trust
2021-C A3

0.74% Due 05/15/2026
11/09/2021
11/17/2021
18,584.92
19,974.14

0.00 1,390.92
18,583.44

6.57 12.32

6.11 11.86

0.22 0.00

0.22 12.08

12.08 4581X0DZ8 Inter-American Dev Bank
Note

0.5% Due 09/23/2024
09/15/2021
09/23/2021
170,000.00
169,962.47

0.00 0.00
169,965.91

89.72 0.00
160.56

70.84 3.44

0.00 3.44

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
151,272.47

0.00 0.00
150,997.84
437.50

0.00 750.00
312.50

0.00 274.63
(274.63)

37.87 37.87
459058JM6 Intl. Bank Recon & Development
Note
Due 11/24/2023
11/17/2020
11/24/2020

0.00 104,995.26

0.00 105,000.00

0.00 114.48
131.25

0.00 16.77

4.74 0.00

4.74 21.51

21.51 Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 26

Page 184 ends

3.5% Due 07/12/2028
09/07/2023
09/11/2023
140,000.00
133,921.36

0.00 0.00
134,027.70
1,483.61

0.00 1,891.94
408.33
106.34

0.00 106.34
514.67
514.67
459058KW2 Intl. Bank Recon & Development
Note

4.625% Due 08/01/2028
Various
Various
115,000.00
113,588.80

0.00 0.00
113,613.20
517.10

0.00 960.33
443.23

24.40 0.00

24.40 467.63
467.63
45950KCR9 International Finance Corp
Note

1.375% Due 10/16/2024
07/12/2021
07/14/2021
100,000.00
100,791.18

0.00 0.00
100,723.36

57.29 0.00
171.88
114.59

0.00 67.82
(67.82)

46.77 46.77
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
141,053.36

0.00 0.00
140,792.19
751.33

0.00 1,127.00
375.67

0.00 261.17
(261.17)
114.50
114.50
46647PDM5 JP Morgan Chase & Co
Callable Note Cont 12/15/2024

5.546% Due 12/15/2025
09/19/2023
09/21/2023
60,000.00
59,702.54

0.00 0.00
59,714.05
1,257.09

0.00 1,534.39
277.30

11.51 0.00

11.51 288.81
288.81
47787CAC7 John Deere Owner Trust
2023-C A3

5.48% Due 05/15/2028
09/12/2023
09/19/2023
105,000.00
104,993.03

0.00 0.00
104,993.19
255.73
479.50
255.73
479.50

0.16 0.00

0.16 479.66
479.66
47787JAC2 John Deere Owner Trust
2022-A A3

2.32% Due 09/16/2026
03/10/2022
03/16/2022
40,228.97
44,266.22

0.00 4,042.49
40,224.42

45.65 85.59

41.48 81.42

0.69 0.00

0.69 82.11

82.11 47787NAC3 John Deere Owner Trust
2020-B A3
Due 11/15/2024
07/14/2020
07/22/2020

0.00 142.44

0.00 0.03

0.06 0.00

0.03 0.00

0.00 0.00

0.03 0.03
47788UAC6 John Deere Owner Trust
2021-A A3

0.36% Due 09/15/2025
03/02/2021
03/10/2021
12,988.46
15,515.36

0.00 2,527.69
12,987.86

2.48 4.65

2.08 4.25

0.19 0.00

0.19 4.44

4.44 Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 27

Page 185 ends

0.52% Due 03/16/2026
07/13/2021
07/21/2021
29,023.73
31,469.51

0.00 2,446.83
29,022.82

7.27 13.64

6.71 13.08

0.14 0.00

0.14 13.22

13.22 47800AAC4 John Deere Owner Trust
2022-B A3

3.74% Due 02/16/2027
07/12/2022
07/20/2022
45,000.00
44,997.24

0.00 0.00
44,997.34

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
9,760.46
15,025.69

0.00 5,265.32
9,760.42

2.67 5.01

1.74 4.08

0.05 0.00

0.05 4.13

4.13 58770AAC7 Mercedes-Benz Auto Receivable
2023-1 A3

4.51% Due 11/15/2027
01/18/2023
01/25/2023
35,000.00
34,996.73

0.00 0.00
34,996.83

70.16 131.54

0.10 0.00

0.10 131.64
131.64
58933YBH7 Merck & Co
Callable Note Cont 4/17/2028

4.05% Due 05/17/2028
05/08/2023
05/17/2023
30,000.00
29,977.93

0.00 0.00
29,978.33
553.50
607.50

47.25 101.25

0.40 0.00

0.40 101.65
101.65
594918BX1 Microsoft
Callable Note Cont 12/6/2023

2.875% Due 02/06/2024
03/05/2020
03/09/2020
125,000.00
125,213.15

0.00 0.00
125,030.45
848.52

0.00 1,148.00
299.48

0.00 182.70
(182.70)
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
811.03

0.00 1,044.98
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
34,995.08

0.00 0.00
34,995.33
456.17

0.00 556.79
100.62

0.25 0.00

0.25 100.87
100.87
665859AW4 Northern Trust Company
Callable Note Cont 4/10/2027
4% Due 05/10/2027
09/28/2022
09/30/2022
150,000.00
146,482.41

0.00 0.00
146,564.47
2,850.00
3,000.00
350.00
500.00

82.06 0.00

82.06 582.06
582.06
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 28

Page 186 ends

0.5% Due 08/09/2024
08/03/2021
08/09/2021
50,000.00
49,993.05

0.00 0.00
49,993.79

56.94 0.00

77.78 20.84

0.74 0.00

0.74 21.58

21.58 69371RR57 Paccar Financial Corp
Note

0.9% Due 11/08/2024
11/02/2021
11/08/2021
90,000.00
89,998.16

0.00 0.00
89,998.31
389.25
405.00

51.75 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
137,072.32

0.00 0.00
136,902.46
1,518.75
1,518.75
253.13
253.13

0.00 169.86
(169.86)

83.27 83.27
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
19,997.61

0.00 0.00
19,997.89

36.81 0.00

47.22 10.41

0.28 0.00

0.28 10.69

10.69 808513BN4 Charles Schwab Corp
Callable Note Cont 2/18/2024

0.75% Due 03/18/2024
Various
Various
160,000.00
160,079.64

0.00 0.00
160,057.50
143.33

0.00 243.33
100.00

0.82 22.96
(22.14)

77.86 77.86
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
144.29

0.00 195.21

50.92 0.00

0.00 0.00

50.92 50.92
89114QCB2 Toronto Dominion Bank
Note

3.25% Due 03/11/2024
07/16/2019
07/18/2019
130,000.00
130,330.97

0.00 0.00
130,255.18
586.81

0.00 938.89
352.08

0.00 75.79
(75.79)
276.29
276.29
89236TKN4 Toyota Motor Credit Corp
Note

4.8% Due 01/10/2025
01/10/2023
01/12/2023
130,000.00
129,946.35

0.00 0.00
129,950.04
1,924.00

0.00 2,444.00
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
763.24
2,318.17

0.00 1,555.05
763.20

0.36 0.68

0.12 0.44

0.08 0.00

0.08 0.52

0.52 Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 29

Page 187 ends

5.54% Due 08/15/2028
11/07/2023
11/14/2023
45,000.00

0.00 44,995.15

0.00 44,995.21

0.00 0.00
117.73
117.73

0.06 0.00

0.06 117.79
117.79
89240BAC2 Toyota Auto Receivables Owners
2021-A A3

0.26% Due 05/15/2025
02/02/2021
02/08/2021
15,460.58
18,185.54

0.00 2,725.36
15,460.31

2.10 3.94

1.79 3.63

0.13 0.00

0.13 3.76

3.76 91159HHX1 US Bancorp
Callable Note Cont 6/28/2024

2.4% Due 07/30/2024
03/25/2021
03/29/2021
150,000.00
151,703.56

0.00 0.00
151,490.61
910.00

0.00 1,210.00
300.00

0.00 212.95
(212.95)

87.05 87.05
9128286L9 US Treasury
Note

2.25% Due 03/31/2026
Various
Various
275,000.00
269,746.09

0.00 0.00
269,925.00
540.99

0.00 1,048.15
507.16
214.03

35.12 178.91
686.07
686.07
912828R36 US Treasury
Note

1.625% Due 05/15/2026
Various
Various
265,000.00
258,176.93

0.00 0.00
258,397.97
1,989.31
2,153.13
189.28
353.10
282.57

61.53 221.04
574.14
574.14
912828U24 US Treasury
Note
2% Due 11/15/2026
03/29/2022
03/30/2022
265,000.00
260,800.73

0.00 0.00
260,914.22
2,448.37
2,650.00
232.97
434.60
113.49

0.00 113.49
548.09
548.09
912828V80 US Treasury
Note

2.25% Due 01/31/2024
10/29/2019
10/30/2019
225,000.00
225,314.47

0.00 0.00
225,210.80
1,279.38

0.00 1,692.09
412.71

0.00 103.67
(103.67)
309.04
309.04
912828WJ5 US Treasury
Note

2.5% Due 05/15/2024
12/12/2019
12/13/2019
200,000.00
200,784.11

0.00 0.00
200,664.10
2,309.78
2,500.00
219.78
410.00

0.00 120.01
(120.01)
289.99
289.99
912828X88 US Treasury
Note

2.375% Due 05/15/2027
Various
Various
275,000.00
269,660.18

0.00 0.00
269,784.27
3,017.16
3,265.63
287.09
535.56
124.09

0.00 124.09
659.65
659.65
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 30

Page 188 ends

1.625% Due 09/30/2026
12/28/2021
12/29/2021
200,000.00
202,164.31

0.00 0.00
202,103.29
284.15

0.00 550.55
266.40

0.00 61.02
(61.02)
205.38
205.38
912828ZF0 US Treasury
Note

0.5% Due 03/31/2025
03/25/2021
03/29/2021
125,000.00
124,862.23

0.00 0.00
124,870.24

54.64 0.00
105.87

51.23 8.01

0.00 8.01

59.24 59.24
912828ZT0 US Treasury
Note

0.25% Due 05/31/2025
02/25/2021
02/26/2021
250,000.00
248,641.13

0.00 0.00
248,711.79
262.98
312.50

1.71 51.23

70.66 0.00

70.66 121.89
121.89
91282CAZ4 US Treasury
Note

0.375% Due 11/30/2025
12/09/2020
12/10/2020
175,000.00
174,874.12

0.00 0.00
174,879.09
276.13
328.13

1.79 53.79

4.97 0.00

4.97 58.76

58.76 91282CBV2 US Treasury
Note

0.375% Due 04/15/2024
06/23/2023
06/26/2023
270,000.00
264,098.56

0.00 0.00
265,165.08

47.03 0.00
130.02

82.99 1,066.52

0.00 1,066.52
1,149.51
1,149.51
91282CCG4 US Treasury
Note

0.25% Due 06/15/2024
06/17/2021
06/18/2021
250,000.00
249,726.20

0.00 0.00
249,762.38
237.36

0.00 288.59

51.23 36.18

0.00 36.18

87.41 87.41
91282CCT6 US Treasury
Note

0.375% Due 08/15/2024
08/25/2021
08/26/2021
250,000.00
249,852.25

0.00 0.00
249,867.64
198.71

0.00 275.14

76.43 15.39

0.00 15.39

91.82 91.82
91282CDH1 US Treasury
Note

0.75% Due 11/15/2024
11/18/2021
11/19/2021
225,000.00
224,804.26

0.00 0.00
224,819.71
779.55
843.75

74.18 138.38

15.45 0.00

15.45 153.83
153.83
91282CEF4 US Treasury
Note

2.5% Due 03/31/2027
05/25/2022
05/26/2022
200,000.00
198,515.10

0.00 0.00
198,550.85
437.16

0.00 846.99
409.83

35.75 0.00

35.75 445.58
445.58
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 31

Page 189 ends

0.00 0.00
253,225.92
2,310.33

0.00 2,946.20
635.87
343.28

0.00 343.28
979.15
979.15
91282CFM8 US Treasury
Note

4.125% Due 09/30/2027
10/26/2022
10/27/2022
260,000.00
259,427.22

0.00 0.00
259,439.24
937.70

0.00 1,816.80
879.10

12.02 0.00

12.02 891.12
891.12
91282CGC9 US Treasury
Note

3.875% Due 12/31/2027
05/25/2023
05/26/2023
100,000.00
99,618.06

0.00 0.00
99,625.59
1,305.71

0.00 1,621.60
315.89

7.53 0.00

7.53 323.42
323.42
91282CGT2 US Treasury
Note

3.625% Due 03/31/2028
04/19/2023
04/20/2023
240,000.00
238,954.59

0.00 0.00
238,974.05
760.66

0.00 1,473.77
713.11

19.46 0.00

19.46 732.57
732.57
91324PEN8 United Health Group Inc
Note

5.15% Due 10/15/2025
10/25/2022
10/28/2022
35,000.00
34,997.92

0.00 0.00
34,998.01

80.11 0.00
230.32
150.21

0.09 0.00

0.09 150.30
150.30
931142ER0 Wal-Mart Stores
Callable Note Cont 08/17/2026

1.05% Due 09/17/2026
09/08/2021
09/17/2021
25,000.00
24,972.80

0.00 0.00
24,973.58

32.08 0.00

53.96 21.88

0.78 0.00

0.78 22.66

22.66 931142EW9 Wal-Mart Stores
Note

3.9% Due 09/09/2025
09/06/2022
09/09/2022
30,000.00
29,987.01

0.00 0.00
29,987.58
169.00

0.00 266.50

97.50 0.57

0.00 0.57

98.07 98.07
931142EX7 Wal-Mart Stores
Callable Note Cont 09/09/2027

3.95% Due 09/09/2027
09/27/2022
09/29/2022
100,000.00
97,431.92

0.00 0.00
97,486.64
570.56

0.00 899.72
329.16

54.72 0.00

54.72 383.88
383.88
Total Fixed Income 10,716,969.74
10,764,764.40
239,705.79
361,867.94
10,643,707.08
58,164.45
25,137.18
55,277.84
22,250.57
3,713.12
2,608.29
1,104.83
23,355.40
23,355.40
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 32

Page 190 ends

CASH & EQUIVALENT
31846V203 First American
Govt Obligation Fund Class Y
Various
Various
169,353.50
22,786.94
352,367.18
205,800.62
169,353.50

0.00 355.90

0.00 0.00

0.00 355.90
355.90
62479LDC6 MUFG Bank Ltd
Discount CP

5.66% Due 04/12/2024
07/25/2023
07/25/2023
210,000.00
201,349.63

0.00 0.00
201,349.63
3,268.65

0.00 4,259.15
990.50

0.00 0.00

0.00 990.50
990.50
Total Cash & Equivalent 379,353.50
224,136.57
352,367.18
205,800.62
370,703.13
3,268.65
355.90
4,259.15
1,346.40

0.00 0.00

0.00 1,346.40
1,346.40
TOTAL PORTFOLIO 11,096,323.24
10,988,900.97
592,072.97
567,668.56
11,014,410.21
61,433.10
25,493.08
59,536.99
23,596.97
3,713.12
2,608.29
1,104.83
24,701.80
24,701.80
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 33

Page 191 ends

Cash Flow Report
As of November 30, 2023
City of Bell
Account #
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/01/2023 Interest 023135CN4 135,000.00 Amazon.com Inc Note

4.6% Due 12/1/2025

0.00 3,105.00 3,105.00
12/06/2023 Call 594918BX1 125,000.00 Microsoft Callable Note Cont 12/6/2023

2.875% Due 2/6/2024
125,000.00 1,197.92 126,197.92
12/06/2023 Purchase 45950KDF4 80,000.00 International Finance Corp Note

4.375% Due 1/15/2027
-79,739.20 0.00 -79,739.20
12/06/2023 Sale 31846V203 79,739.20 First American Govt Obligation Fund Class Y 79,739.20 0.00 79,739.20 12/08/2023 Maturity 3130A0F70 225,000.00 FHLB Note

3.375% Due 12/8/2023
225,000.00 3,796.88 228,796.88
12/14/2023 Interest 3130A1XJ2 250,000.00 FHLB Note

2.875% Due 6/14/2024

0.00 3,593.75 3,593.75
12/15/2023 Interest 63743HFE7 35,000.00 National Rural Utilities Note

3.45% Due 6/15/2025

0.00 603.75 603.75
12/15/2023 Interest 91282CCG4 250,000.00 US Treasury Note

0.25% Due 6/15/2024

0.00 312.50 312.50
12/15/2023 Interest 46647PDM5 60,000.00 JP Morgan Chase & Co Callable Note Cont 12/15/2024

5.546% Due 12/15/2025

0.00 1,663.80 1,663.80
12/15/2023 Paydown 89236XAC0 763.24 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025

55.95 0.22 56.17
12/15/2023 Paydown 44891RAC4 7,733.35 Hyundai Auto Receivables Trust 2020-C A3

0.38% Due 5/15/2025
2,576.84 2.45 2,579.29
12/15/2023 Paydown 02582JKD1 115,000.00 American Express Credit Trust 2023-3 A

5.23% Due 9/15/2028

0.00 501.21 501.21
12/15/2023 Paydown 47788UAC6 12,988.46 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
1,178.85 3.90 1,182.75
12/15/2023 Paydown 58769KAD6 9,760.46 Mercedes-Benz Auto Lease Trust 2021-B A3

0.4% Due 11/15/2024
4,880.01 3.25 4,883.26
12/15/2023 Paydown 43815BAC4 55,000.00 Honda Auto Receivables Trust 2022-1 A3

1.88% Due 5/15/2026
2,943.28 86.17 3,029.45
12/15/2023 Paydown 448979AD6 50,000.00 Hyundai Auto Receivables Trust 2023-A A3

4.58% Due 4/15/2027

0.00 190.83 190.83
Execution Time: 12/2/2023 8:04:07 PMChandler Asset Management - CONFIDENTIAL Page 34

Page 192 ends

Bell City CouncilJanuary 10, 2024

Bell City Council
January 10, 2024