Coachella City Council
September 14, 2022

City Hall Council Chamber
1515 Sixth Street, Coachella, California
(760) 398-3502  www.coachella.org
AGENDA

CITY COUNCIL CLOSED SESSION AND

REGULAR MEETING

OF THE CITY OF COACHELLA

THE COUNCIL SITTING AS THE COACHELLA SANITARY DISTRICT,

COACHELLA FIRE PROTECTION DISTRICT, COACHELLA FINANCING AUTHORITY,

COACHELLA EDUCATIONAL AND GOVERNMENTAL ACCESS CABLE CHANNEL CORPORATION,

COACHELLA WATER AUTHORITY, AND SUCCESSOR AGENCY TO THE COACHELLA REDEVELOPMENT AGENCY September 14, 2022
5:00 PM Closed Session
6:00 PM Regular Meeting
Pursuant to Assembly Bill 361,
along with the Governor’s State of Emergency Declaration issued on March 4, 2020, this meeting may be conducted via teleconference.

This meeting’s options will be either in-person or via Zoom:

In-Person Meeting
Location:

Coachella City Hall
Council Chamber
1515 Sixth Street
Coachella, CA
If you would like to attend the meeting via Zoom, here is the link:
https://us02web.zoom.us/j/88457271898?pwd=REdzU1NoQmpVSFhWTDVaZ0VCekYxdz09 Or One tap mobile : 16699006833,,88457271898#,,,,*606140# Or Telephone:

US: +1 669 900 6833
Webinar ID: 884 5727 1898
Passcode: 606140
Spanish: El idioma español está disponible en Zoom seleccionado la opción en la parte de abajo de la pantalla
 Public comments may be received either in person, via email, telephonically, or via Zoom with a limit of 250 words, or three minutes:
o In Real Time:

If participating in real time via Zoom or phone, during the Public Comment Period, use the “raise hand” function on your computer, or when using a phone, participants can raise their hand by pressing *9 on the keypad.
o In Writing:

Written comments may be submitted to the City Council electronically via email to [email protected]. Transmittal prior to the start of the meeting is required. All written comments received will be forwarded to the City Council and entered into the record. o If you wish, you may leave a message at (760) 262-6240 before 5:30 p.m. on the day of the meeting.

Agenda CC/CSD/CFPD/CFA/CEGACCC/CWA/SA-RDA September 14, 2022

 The live stream of the meeting may be viewed online by accessing the city's website at www.coachella.org, and clicking on the "Watch Council Meetings" tab located on the home page, and then clicking on the "live" button.

CALL TO ORDER: - 5:00 P.M.

ROLL CALL:

VIRTUAL PUBLIC MEETINGS:

1. Resolution No. 2022-77 a Resolution to Continue Fully or Partially Virtual Public Meetings (AB 361) APPROVAL OF AGENDA:
“At this time the Council/ Board/Corporation/Authority may announce any items being pulled from the Agenda or continued to another date or request the moving of an item on the agenda” PUBLIC COMMENTS (CLOSED SESSION ITEMS):

ADJOURN TO CLOSED SESSION:

2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Property: 763-412-040
City Negotiator: City Manager and City Attorney
Under Negotiation: Price and Terms
RECONVENE REGULAR MEETING: - 6:00 P.M.

PLEDGE OF ALLEGIANCE:

CLOSED SESSION ANNOUNCEMENTS:

PROCLAMATIONS/PRESENTATIONS:

3. Overview of AB617 Air Quality Improvement Program for Eastern Coachella Valley (ECV)

4. Fiscal Year 2023/24 CDBG Program Overview
WRITTEN COMMUNICATIONS:

CONSENT CALENDAR:
(It is recommended that Consent Items be acted upon simultaneously unless separate discussion and/or action is requested by a Council Member or member of the audience.)

5. Regular Meeting Minutes of July 27, 2022, of the City Council, Coachella Fire Protection District, Coachella Sanitary District, Coachella Financing Authority, Coachella Educational and Governmental Access Cable Corporation, Coachella Water Authority, and Successor Agency to the Coachella Redevelopment Agency.

Agenda CC/CSD/CFPD/CFA/CEGACCC/CWA/SA-RDA September 14, 2022

6. Voucher Listing — EFT's/Utility Billing Refunds/FY 2021-22 and FY 2022-23 Expenditures as of September 14, 2022, $8,843,549.95.

7. Ordinance No. 1197 on Behalf of CFD No. 2005-01 Authorizing the Levy of a Special Tax within Annexation Area No. 34, Villa Verde Apartments, Annexed to Said District (Second Reading)

8. Ordinance No. 1198 (Change of Zone No. 22-02) to change the zoning designation of the 7.8-acre vacant site (APN 763-400-016 and 763-400-017) from “Heavy Industrial” to “Urban Employment Center” located near the southwest corner of Avenue 52 and Industrial Way. City-Initiated. (Second Reading)

9. Resolution No. 2022-35, Development Impact Fee Deferral Agreement for Coachella Lakes RV Resort

10. Approve Resolution No. 2022-82 setting a Penalty and Penalty Interest Rate for Delinquent or Deficient Transactions that do not currently have a specified Penalty and/or Penalty Interest Rate

11. Resolution No. 2022-84 entering into a Professional Service Agreement for a Utility Manpower Study with Raftelis.

12. Investment Report – July 2022

13. Investment Report – June 2022

14. Contract Amendment No. 1 with Atlas Technical Consultants LLC for reoccurring, as needed, construction materials and quality assurance testing for the Pueblo Viejo Sustainable Transportation Project, City Project ST-130

15. Authorization to file a Notice of Completion for City Project ST-123, Grapefruit Boulevard Urban Greening and Connectivity Project.

16. Authorization to file a Notice of Completion for Street Pavement Rehabilitation Phase 17, City Project ST105 (Las Plumas & Valencia Neighborhood Slurry and Striping Improvements)

17. Sponsorship of Run With Los Muertos Event:

1. Sponsorship request from Eventscape International, Inc. for $35,000.00 for the 2022 Run With Los Muertos Event; and

2. Approval for operation of a beer garden by Raices Culturas on November 5, 2022 in Downton Sixth Street from 3:00 p.m. to Midnight.

18. Award Maintenance Services Agreement to US National Corp for Painting Maintenance Services for City Facilities Project No. 052522.

19. Standard Irrigation Installation Agreement for DR Horton Tract 32074 for Irrigation Lateral Relocation.

20. Authorize the Executive Director (City Manager) to sign the First Supplement to the Memorandum of Understanding regarding collaboration on the Coachella Valley Salt Nutrient Management Plan with a cost share amount of $199,062.79

Agenda CC/CSD/CFPD/CFA/CEGACCC/CWA/SA-RDA September 14, 2022

NEW BUSINESS CALENDAR (LEGISLATIVE AND ADMINISTRATIVE):

21. Resolution No. 2022-85 A Resolution of the City Council of the City of Coachella, California, declaring the second Monday in October as Indigenous Peoples’ Day Holiday; encouraging other institutions to recognize the day; and reaffirming the City Council’s commitment to promote the well-being and growth of The Coachella Valley’s Indigenous Community.

22. Resolution No. 2022-86 Authorizing the Purchase and Implementation of a new Enterprise Resource Planning System.

23. Resolution No. 2022-87, to transfer Fire Engine 279 to Riverside County under the current Fire Engine Use Agreement.

24. Adoption of Resolution No. WA-2022-05 Adopting Level 2 Demand Reduction Actions As Outlined In The Authority’s Water Shortage Contingency Plan, And As Required By The State Water Resources Control Board’s Drought Emergency Rulemaking

25. Construction Contract with Petrochem Materials Innovation, LLC (PMI) in the amount of $376,269.28 plus 20% contingency for the Street Pavement Rehabilitation Phase 17 Vista Escondida Neighborhood Slurry Seal and Striping Improvements, City Project ST-105.

26. Construction Contract with Three Peaks Corp in the amount of $624,310.21 and an amount of $62,431 for contingency for the construction of the Bagdouma Court Improvements– City Project P-21, CDBG Project No. 4.CO.24-20.

PUBLIC HEARING CALENDAR (QUASI-JUDICIAL):

None.

PUBLIC COMMENTS (NON-AGENDA ITEMS):

The public may address the City Council/Board/Corporation/ Authority on any item of interest to the public that is not on the agenda but is in the subject matter jurisdiction thereof. Please limit your comments to three (3) minutes.

REPORTS AND REQUESTS:

Council Comments/Report of Miscellaneous Committees.

City Manager’s Comments.

ADJOURNMENT:

Complete Agenda Packets are available for public inspection at the City Clerk’s Office at 53-462 Enterprise Way, Coachella, California, and on the City’s website www.coachella.org.

THIS MEETING IS ACCESSIBLE TO PERSONS WITH DISABILITIES

STAFF REPORT
9/14/2022
TO: Honorable Mayor and City Council Members
FROM: Dr. Gabriel Martin, City Manager
Best Best & Krieger, LLP, City Attorney
SUBJECT: Resolution No. 2022-77 a Resolution to Continue Fully or Partially Virtual Public Meetings (AB 361)
STAFF RECOMMENDATION:

It is recommended that the City Council adopt Resolution No. 2022-77 to continue fully or partially virtual public meetings.

BACKGROUND:

The Brown Act generally allows for teleconference or virtual meetings, provided that the physical locations of the council members joining by teleconference are posted on the agenda, that those locations are open to the public and that a quorum of the council members is located within the City. Newly enacted AB 361 provides an exception to these procedures in order to allow for fully virtual meetings during proclaimed emergencies, including the COVID-19 pandemic.

In March of 2020, Governor Newsom issued Executive Order N-29-20, which suspended portions of the Brown Act relating to teleconferencing, enabling fully virtual meetings without having to post the location of the council members attending virtually. Many cities and other public agencies have been holding public meeting using virtual platforms since this time. In June of 2021, Governor Newsom issued Executive Order N-08-21, which provided that the exceptions contained in EO N-29-20 would sunset on September 30, 2021.

On September 10, 2021, the Legislature adopted AB 361, which allows public agencies to hold fully virtual meetings under certain circumstances. Governor Newsom signed the bill into law on September 16, 2021. Because it contained an urgency provision, it took immediate effect. The Governor then suspended AB 361 until October 2, allowing a transition period from the prior Executive Order.

Under AB 361, cities can hold meetings without a public meeting space and without providing notice of the council members’ teleconference locations if there is a Governor-proclaimed state of emergency and either state or local officials are imposing or recommending measures to promote social distancing or the City Council determines that meeting in person will be unsafe for attendees.

If the virtual meeting is due to social distancing recommendations, the City Council does not have

Item 1.
to make any findings at its first meeting under AB 361. However, to continue meeting virtually, the City Council must find that state or local officials still at least recommend measure to promote social distancing. The findings must be made within 30 days of the first meeting and every thirty days thereafter.

DISCUSSION/ANALYSIS:

On March 4th, 2020, the Governor proclaimed a state of emergency due to the COVID-19 pandemic. The state of emergency remains in effect as of the publication of this report.

Virtual meetings are currently allowed under AB 361 because state and local officials are continuing to recommend measures to promote social distancing. In the case of the pandemic, the requisite standards for holding virtual meetings are low. The City Council would only have to find that any state or local official is recommending measures to promote social distancing. Under the plain language of the statute, there does not have to be an order requiring social distancing, and the recommendation only needs to come from a state or local official. Nothing in the bill requires that the recommendation be a formal recommendation of a local health officer or in any sort of formal guideline.

Under AB 361, the “local agency” – which the Brown Act defines as the City, not the City Council - may utilize virtual meetings if the “legislative body” makes the required findings. As defined in the Brown Act, a “legislative body” includes both the City Council and all committees and commissions. Because the City Council is the most appropriate board to make findings and policy decisions on behalf of the City, the proposed resolution contains a two-pronged approached: It provides that all commissions and committees shall be authorized to utilize virtual meeting procedures for 30 days, and authorizes each individual commission or committee to make findings in support of virtual meetings if the City Council has not renewed or terminated the resolution.

Thus, the proposed resolution provides the City Council with the flexibility to allow its commissions and committees to host virtual meetings, while still maintain the City Council’s jurisdiction to require in-person meetings as warranted.

AB 361 allows the use of fully virtual meetings under the foregoing conditions, but it does not prohibit hybrid meetings. By adopting the proposed resolution, and continuing to renew it as conditions warrant, the City Council and any subordinate boards are not precluded from holding meetings that have some traditional components and some virtual or telephonic components. The City Council (and other City boards) may hold meetings where some members join in the Council Chambers and some members join virtually. The City Council may also continue to allow both live and virtual public comments, together with reduced capacity in the Chambers as conditions warrant. For any hybrid meetings, AB 361 requires that members of the public be able to make live public comments directly to the Council or other board using telephonic or electronic means and that the agenda identify the means for making public comments.

As noted above, by adopting the proposed Resolution, the City Council is not prohibited from returning to fully in-person meetings. The Resolution is intended to provide the option to utilize the AB 361 procedures in lieu of the Brown Act’s standard teleconferencing requirements. At future City Council meetings, a consent calendar item will be placed on each agenda to reconsider

Item 1.
and potentially renew the Resolution.

FISCAL IMPACT:

None.

ATTACHMENT:

Resolution No. 2022-77

Item 1.
81211.00100\34422055.2
RESOLUTION NO. 2022-77

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

COACHELLA, CALIFORNIA, MAKING FINDINGS AND
DETERMINATIONS UNDER AB 361 FOR CONTINUED VIRTUAL

MEETINGS
WHEREAS, the Ralph M. Brown Act (Gov. Code § 54950 et seq.) generally requires local agencies meeting via teleconference, including through other virtual or electronic means, to provide public access at each location in which members of the legislative body are teleconferencing; and
WHEREAS, the Legislature recently enacted Assembly Bill 361 (AB 361), which amended Government Code section 54953 to allow local agencies to meet fully virtually during a proclaimed state of emergency if state or local officials have imposed or recommended measures to promote social distancing; and
WHEREAS, the City Council finds that the Governor issued a proclamation declaring a state of emergency on March 4, 2020 due to the COVID-19 pandemic, pursuant to section 8625 of the California Emergency Services Act; and
WHEREAS, the City Council has reconsidered the circumstances of the state of emergency and finds that state or local officials continue to recommend measures to promote social distancing; and
WHEREAS, the City Council desires that the City of Coachella, including all commissions, committees, and other Brown Act bodies shall continue to hold virtual meetings pursuant to AB 361 and Government Code section 54953(e).

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COACHELLA DOES HEREBY RESOLVE AND FIND AS FOLLOWS:

Section 1. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. The City Council and all other commissions, committees or other Brown Act bodies of the City shall be authorized to continue to meet virtually in accordance with Government Code section 54953(e) and without compliance with section 54953(b)(3).

Section 3. This Resolution does not prevent or prohibit the City Council or any commission, committee or other Brown Act body of the City from holding hybrid meetings (containing both virtual and in-person components) or from meeting in-person, provided such meetings comply with AB 361 and with all state and local health orders. Commissions, committees and other Brown Act bodies shall comply with all rules established by the City Council and/or City Manager for attendance at meetings.

Section 4. The City Council shall take action to renew this Resolution every thirty days for as long as any state or local officials continue to recommend any measures to promote social

Item 1.
81211.00100\34922055.2
Resolution No. 2022-77

distancing, but the City Council may terminate the Resolution at any time. In the event that more than 30 days pass between regular City Council meetings, the City Council shall take action to renew this Resolution prior to taking any action or engaging in any deliberation or discussion in a virtual meeting; renewal of this Resolution may occur either at the beginning of the next regular meeting or at a special meeting called for such purposes. In the event this Resolution has lapsed, and the City Council has not terminated it, any commission, committee or other Brown Act board of the City shall be authorized to, and shall, make any required findings in order to meet virtually under AB 361.

Section 5. Severability. If any provision of this Resolution or the application of any such provision to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of this Resolution that can be given effect without the invalid provision or application, and to this end the provisions of this Resolution are severable. The City Council declares that the City Council would have adopted this Resolution irrespective of the invalidity of any particular portion of this Resolution.

Section 6. Effective Date. This Resolution shall take effect immediately upon its adoption.

PASSED, APPROVED and ADOPTED this 14th day of September 2022. ___________________________________
Steven A. Hernandez
Mayor
ATTEST:
___________________________________
Angela M. Zepeda
City Clerk
APPROVED AS TO FORM:
___________________________________
Carlos Campos
City Attorney

Item 1.
81211.00100\34922055.2
Resolution No. 2022-77

STATE OF CALIFORNIA

COUNTY OF RIVERSIDE

CITY OF COACHELLA
)
) ss.
)
I HEREBY CERTIFY that the foregoing Resolution No. 2022-77 was duly adopted by the City Council of the City of Coachella at a regular meeting thereof, held on the 14th day of September 2022, by the following vote of Council:

AYES:

NOES:

ABSENT:

ABSTAIN:
___________________________________
Andrea J. Carranza, MMC
Deputy City Clerk

Item 1.

City Hall Council Chamber
1515 Sixth Street, Coachella, California
(760) 398-3502  www.coachella.org

MINUTES

CITY COUNCIL CLOSED SESSION AND

REGULAR MEETING

OF THE CITY OF COACHELLA

THE COUNCIL SITTING AS THE COACHELLA SANITARY DISTRICT,

COACHELLA FIRE PROTECTION DISTRICT, COACHELLA FINANCING AUTHORITY,

COACHELLA EDUCATIONAL AND GOVERNMENTAL ACCESS CABLE CHANNEL CORPORATION,

COACHELLA WATER AUTHORITY, AND SUCCESSOR AGENCY TO THE COACHELLA REDEVELOPMENT AGENCY July 27, 2022
5:00 PM Closed Session
6:00 PM Regular Meeting
CALL TO ORDER: - 5:00 P.M.

The Regular Meeting of the City Council of the City of Coachella was called to order at 5:04 p.m. by Mayor Hernandez.

ROLL CALL:

Present: Councilmember Beaman Jacinto, Councilmember Delgado (arrived at 5:10 p.m.), Councilmember Galarza (arrived at 5:17 p.m.), Mayor Pro Tem Gonzalez, and Mayor Hernandez.

City Clerk Zepeda (arrived at 8:03 p.m.)

Absent: City Treasurer Aviles.

It was announced that Councilmembers Delgado and Galarza will be arriving late.

Pursuant to Assembly Bill 361, along with the Governor’s State of Emergency Declaration issued on March 4, 2020, this meeting was conducted both in-person and via teleconference/electronically.

VIRTUAL PUBLIC MEETINGS:

1. Resolution No. 2022-76 a Resolution to Continue Fully or Partially Virtual Public Meetings (AB 361) Motion: To approve per staff recommendation
Made by: Mayor Pro Tem Gonzalez
Seconded by: Mayor Hernandez
Approved: 3-0, by a unanimous voice vote

Item 5.

Minutes CC/CSD/CFPD/CFA/CEGACCC/CWA/SA-RDA July 27, 2022

APPROVAL OF AGENDA:

There were no modifications to the agenda.

Motion: To approve the agenda as presented
Made by: Mayor Pro Tem Gonzalez
Seconded by: Councilmember Beaman Jacinto
Approved: 3-0, by a unanimous voice vote
PUBLIC COMMENTS (CLOSED SESSION ITEMS):

None.

ADJOURN TO CLOSED SESSION:

Council adjourned into Closed Session at 5:06 p.m. to discuss the following item:
(Councilmember Delgado arrived at 5:10 p.m., and Councilmember Galarza arrived at 5:17 p.m. during Closed Session.)

2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Property: 763-412-040
City Negotiator: City Manager and City Attorney
Under Negotiation: Price and Terms
RECONVENE REGULAR MEETING: - 6:00 P.M.

The City Council reconvened into open session at 6:00 p.m.

PLEDGE OF ALLEGIANCE:

City Manager Martin led the Pledge of Allegiance.

CLOSED SESSION ANNOUNCEMENTS:

City Attorney Campos stated that Council met in Closed Session, and direction was given, but no reportable action was taken.

PROCLAMATIONS/PRESENTATIONS:

3. Blue Zones Assessment Presentation from the Riverside University Health System

4. Congratulating Borrego Health on the Opening of Their New Coachella Valley Community Health Center in Coachella

5. Presentation on Coronavirus (COVID-19) Response Efforts WRITTEN COMMUNICATIONS:

Item 5.

Minutes CC/CSD/CFPD/CFA/CEGACCC/CWA/SA-RDA July 27, 2022

CONSENT CALENDAR:

6. Regular Meeting Minutes of July 13, 2022, of the City Council, Coachella Fire Protection District, Coachella Sanitary District, Coachella Financing Authority, Coachella Educational and Governmental Access Cable Corporation, Coachella Water Authority, and Successor Agency to the Coachella Redevelopment Agency.

7. Voucher Listing — EFT's/Utility Billing Refunds/FY 2021-22 and 2022-23 Expenditures as of July 27, 2022, $2,206,669.66.

8. Ordinance No. 1195 (Zoning Ordinance Amendment No. 22-03) Cannabis Business Streamline Code Amendments to amend Coachella Municipal Code Title 5 and 17 regarding cannabis business zoning and operation in the City. City-Initiated (Second Reading).

9. Quarterly Reports - Fourth Quarter FY 2021-2022
Motion: To approve per staff recommendation, Consent Calendar Items 6 through 9.

Made by: Councilmember Galarza
Seconded by: Mayor Pro Tem Gonzalez
Approved: 5-0, by the following roll call vote:

AYES: Councilmember Beaman Jacinto, Councilmember Delgado, Councilmember Galarza, Mayor Pro Tem Gonzalez, and Mayor Hernandez.

NOES: None.

ABSTAIN: None.

ABSENT: None.

NEW BUSINESS CALENDAR (LEGISLATIVE AND ADMINISTRATIVE):

10. Annual Budget and Organizational Structure for Fiscal Year 2022-23:
a) Resolution No. 2022-47, a Resolution of the City Council of the City of Coachella, California b) Resolution No. WA-2022-04, a Resolution of the Board of Directors of the Coachella Water Authority
c) Resolution No. SD-2022-03, a Resolution of the Board of Directors of the Coachella Sanitary District d) Resolution No. FD-2022-03, a Resolution of the Board of Directors of the Coachella Fire Protection District
e) Resolution No. CBL-2022-02, a Resolution of the Board of Directors of the Coachella Educational and Governmental Access Cable Channel Corporation
Motion: To approve per staff recommendation
Made by: Councilmember Galarza
Seconded by: Mayor Pro Tem Gonzalez
Approved: 5-0, by the following roll call vote:

Item 5.

Minutes CC/CSD/CFPD/CFA/CEGACCC/CWA/SA-RDA July 27, 2022

AYES: Councilmember Beaman Jacinto, Councilmember Delgado, Councilmember Galarza, Mayor Pro Tem Gonzalez, and Mayor Hernandez.

NOES: None.

ABSTAIN: None.

ABSENT: None.

11. Resolution No. 2022-80, City Council hereby designates and authorizes Coachella City Staff to the use of the American Rescue Plan Act (ARPA) State and Local Recovery Fund (SLFRF) for the Coachella Universal Basic Income (UBI) Program and Appropriation of funding; and Directs City staff to fully execute of the agreement for administration and distribution of ARPA funds through the Mission Asset Fund (MAF) to eligible and limited to low- or moderate- income households living within the jurisdictional boundaries of the City; and Appropriates $1,008,000.00 in ARPA funding to the Coachella UBI Program and distributed according to the Agreement for Administration and Distribution of ARPA Funds through the Mission Asset Fund.

Motion: To approve per staff recommendation
Made by: Councilmember Galarza
Seconded by: Councilmember Delgado
Approved: 5-0, by the following roll call vote:

AYES: Councilmember Beaman Jacinto, Councilmember Delgado, Councilmember Galarza, Mayor Pro Tem Gonzalez, and Mayor Hernandez.

NOES: None.

ABSTAIN: None.

ABSENT: None.

12. Resolution No. 2022-81 approving an Agreement for Exchange of Real Property and Joint Escrow Instructions between the City of Coachella and Imperial Irrigation District to convey fee title of an approximately 3.37-acre electrical substation site located at 86-351 Avenue 52 (APN: 763-131-002) and convey a 30-foot public utility right-of-way over an abutting parcel (APN: 763-131-001), in exchange for an approximately 1.73-acre vacant parcel of land located at the southwest corner of 9th Street and Shady Lane (APN: 778-120-001).

Motion: To approve per staff recommendation
Made by: Councilmember Delgado
Seconded by: Councilmember Galarza
Approved: 5-0, by the following roll call vote:

AYES: Councilmember Beaman Jacinto, Councilmember Delgado, Councilmember Galarza, Mayor Pro Tem Gonzalez, and Mayor Hernandez.

NOES: None.

ABSTAIN: None.

ABSENT: None.

Item 5.

Minutes CC/CSD/CFPD/CFA/CEGACCC/CWA/SA-RDA July 27, 2022

PUBLIC HEARING CALENDAR (QUASI-JUDICIAL):

13. Community Facilities District (CFD No. 2005-01) Annexation 34 – Villa Verde Apartments (Continued from July 13, 2022)
a) Resolution No. 2022-69 Determining the Validity of Prior Proceedings relating to Annexation of Property (Annexation No. 34) in the City of Coachella CFD No. 2005-01 (Law Enforcement, Fire and Paramedic Services).
b) Resolution No. 2022-70 on Behalf of CFD No. 2005-01 Calling a Special Election within Annexation Area No. 34 (Villa Verde Apartment project – APN 768-250-002 and 768-300-001). c) Resolution No. 2022-71 Canvassing the Results of the Election Held Within CFD No. 2005-01 (Area No. 34), with ballot in favor received.
d) Introduce Ordinance No. 1197 on Behalf of CFD No. 2005-01 Authorizing the Levy of a Special Tax within Annexation Area No. 34 Annexed to Said District (First Reading) Mayor Hernandez re-opened the Public Hearing for Item 13 at 7:15 p.m.

Public Comment: None.

Mayor Hernandez closed the Public Hearing for Item 13 at 7:16 p.m.

Motion: To approve per staff recommendation, and read title only and pass to second reading.

Made by: Councilmember Galarza
Seconded by: Councilmember Beaman Jacinto
Approved: 5-0, by the following roll call vote:

AYES: Councilmember Beaman Jacinto, Councilmember Delgado, Councilmember Galarza, Mayor Pro Tem Gonzalez, and Mayor Hernandez.

NOES: None.

ABSTAIN: None.

ABSENT: None.

14. Resolution No. 2022-74 approving the Fourth Amendment to the Integrated Solid Waste Management Services, between Burrtec Waste and Recycling Services LLC and the City of Coachella, and adopting rates for solid waste collection services.

Mayor Hernandez opened the Public Hearing for Item 14
Public Comment: None.

Mayor Hernandez closed the Public Hearing for Item 14 at 7:38 p.m. (Continued)

Item 5.

Minutes CC/CSD/CFPD/CFA/CEGACCC/CWA/SA-RDA July 27, 2022

Motion: To approve per staff recommendation
Made by: Councilmember Delgado
Seconded by: Councilmember Beaman Jacinto
Approved: 5-0, by the following roll call vote:

AYES: Councilmember Beaman Jacinto, Councilmember Delgado, Councilmember Galarza, Mayor Pro Tem Gonzalez, and Mayor Hernandez.

NOES: None.

ABSTAIN: None.

ABSENT: None.

15. Resolution No. 2022-75 authorizing the collection of residential solid waste rates for fiscal year 2022/2023 through the County of Riverside Tax Roll, at the same time and manner as general taxes.

Mayor Hernandez opened the Public Hearing for Item 15 at 7:40 p.m.

Public Comment: Written communication dated June 20, 2022 was received from Eleuteria Paniagua and forwarded to the City Council
Mayor Hernandez closed the Public Hearing for Item 15 at 7:40 p.m.

Motion: To approve per staff recommendation
Made by: Mayor Pro Tem Gonzalez
Seconded by: Councilmember Galarza
Approved: 5-0, by the following roll call vote:

AYES: Councilmember Beaman Jacinto, Councilmember Delgado, Councilmember Galarza, Mayor Pro Tem Gonzalez, and Mayor Hernandez.

NOES: None.

ABSTAIN: None.

ABSENT: None.

16. Urban Employment Center General Plan Amendment:
a) Resolution No. 2022-78, Addendum to the Coachella General Plan Update EIR; and b) General Plan Amendment No. 22-01 to change the land use designation of an existing 7.8-acre vacant site from “Industrial District” to “Urban Employment Center” located near the southwest corner of Avenue 52 and Industrial Way.
c) Ordinance No. 1198 Change of Zone No. 22-02 to change the zoning designation of the 7.8-acre vacant site from “Heavy Industrial” to “Urban Employment Center” located near the southwest corner of Avenue 52 and Industrial Way. City-Initiated. (First Reading) (Continued)

Item 5.

Minutes CC/CSD/CFPD/CFA/CEGACCC/CWA/SA-RDA July 27, 2022

(Item 16, Resolution No. 2022-78 and Ordinance No. 1198, first reading – continued from previous page.)
Mayor Hernandez opened the Public Hearing for Item 16 at 7:49 p.m. (City Clerk Zepeda joined the meeting at 8:04 p.m.)
Public Comment: None.

Mayor Hernandez closed the Public Hearing for Item 16 at 8:04 p.m.

Motion: To approve per staff recommendation, and read title only and pass to second reading.

Made by: Councilmember Delgado
Seconded by: Councilmember Beaman Jacinto
Approved: 5-0, by the following roll call vote:

AYES: Councilmember Beaman Jacinto, Councilmember Delgado, Councilmember Galarza, Mayor Pro Tem Gonzalez, and Mayor Hernandez.

NOES: None.

ABSTAIN: None.

ABSENT: None.
(Councilmember Galarza left the dais at 8:08 p.m.)
Public Comments were moved up to this portion of the meeting being after the 8:00 hour:

1. Saying he was representing the Senior Center members, the speaker did not state his name. (Councilmember Galarza returned to the dais at 8:11 p.m.)

2. Corina Velasquez
(After Public Comments, the City Council returned to the regular agenda at this point.) (Councilmember Beaman Jacinto recused herself from this item and left the meeting at 8:11 p.m.)

17. Rancho Escondido Event Venue:

Resolution No. 2022-79 approving Entertainment Permit No. 22-02 for the Rancho Escondido Event Venue, an outdoor entertainment venue located on an 8.6-acre site at 85321 Avenue 44 (APN# 696-520- 014). Applicant: Leonel Lopez and Margarita Lopez.

Staff is recommending we add an additional condition: “The Agua Caliente Band of Cahuilla Indians Tribal Historic Preservation Offices shall be contacted prior to any future ground disturbing activities including on-site driveway improvements.”
(Continued)

Item 5.

Minutes CC/CSD/CFPD/CFA/CEGACCC/CWA/SA-RDA July 27, 2022

(Item 17, Resolution No. 2022-79, continued from previous page.) Mayor Hernandez opened the Public Hearing for Item 17 at 8:19 p.m.

Public Comment: ● Written communication dated July 14, 2022, was received from Paul Ryan with Fantasy Springs Resort Casino
 Maggie Lopez, applicant
 Deborah Schuster
 Familia Jaminez
 Erick Kilbo
Mayor Hernandez closed the Public Hearing for Item 17 at 8:27 p.m.

Motion: To approve per staff recommendation
Made by: Councilmember Delgado
Seconded by: Councilmember Galarza
Approved: 5-0, by the following roll call vote:

AYES: Councilmember Delgado, Councilmember Galarza, Mayor Pro Tem Gonzalez, and Mayor Hernandez.

NOES: None.

ABSTAIN: None.

ABSENT: Councilmember Beaman Jacinto.

18. Resolution No. SD-2022-04 Authorizing the Collection of Residential Sanitary Sewer Rates for Fiscal Year 2022/2023 Through the County of Riverside Tax Roll
Mayor Hernandez opened the Public Hearing for Item 18 at 8:37 p.m.

Public Comment: None.

Mayor Hernandez closed the Public Hearing for Item 18 at 8:38 p.m.

Motion: To approve per staff recommendation
Made by: Mayor Hernandez
Seconded by: Mayor Pro Tem Gonzalez
Approved: 5-0, by the following roll call vote:

AYES: Councilmember Delgado, Councilmember Galarza, Mayor Pro Tem Gonzalez, and Mayor Hernandez.

NOES: None.

ABSTAIN: None.

ABSENT: Councilmember Beaman Jacinto.

Item 5.

Minutes
Page9

CC/CSD/CFPD/CF A/CEGACCC/CW A/SA-RDA
PUBLIC COMMENTS (NON-AGENDA ITEMS):

July 27, 2022
With the time being after the 8:00 hour and per Resolution No. 2019-34, Public Comments were moved up (see page 7). There were no further comments at this time.

REPORTS AND REQUESTS:

Council Comments/Report of Miscellaneous Committees.

City Manager's Comments.

ADJOURNMENT:

There being no further business to come before the City Council and the Agencies, Mayor Hernandez adjourned the meeting at 8:55 p.m.

Respectfully submitted,
Deputy City Clerk

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Item 6.

STAFF REPORT
9/14/2022
TO: Honorable Mayor and City Council Members
FROM: Gabriel Perez, Development Services Director
SUBJECT: Community Facilities District (CFD No. 2005-01) Annexation 34 – Villa Verde Apartments (Second Reading)
SPECIFICS: Ordinance No. 1197 on Behalf of CFD No. 2005-01 Authorizing the Levy of a Special Tax within Annexation Area No. 34 Annexed to Said District (2nd Reading)
STAFF RECOMMENDATION:

Staff recommends that the City Council open the public hearing and take the following actions:
1) Adopt Ordinance No. 1197 Authorizing the Levy of a Special Tax within Annexation Area No. 34 Annexed to CFD No. 2005-01.

BACKGROUND:

On September 14, 2005 the City Council adopted Resolution No. 2005-93 establishing the City of Coachella Community Facilities District No. 2005-01 (Law Enforcement, Fire and Paramedic Services) pursuant to the Mello-Roos Community Facilities Act of 1982, as amended. The District and several annexations of territory have been established in the City of Coachella over the past 17 years. The annexation areas consist of new residential subdivisions and multifamily residential development projects.

On June 8, 2022 the City Council adopted Resolution No. 2022-53 stating its intention to annex certain property, consisting of Villa Verde Apartment project – APN 768-250-002 and 768-300- 001 (“Annexation Area No. 34”) into the District pursuant to the Act. A copy of Resolution No. 2022-53, which includes a description and map of Annexation Area No. 34, the rate and method of apportionment and manner of collection of the special tax, are on file with the City Clerk.

On July 27, 2022 the City Council held a public hearing regarding Annexation Area No. 34 and adopted the following:

Resolution 2022-69 of the City Council Determining the Validity of Prior Proceedings relating to Annexation of Property (Annexation 34) in the City of Coachella Community Facilities District No. 2005-01 (Law Enforcement, Fire and Paramedic Services).

Item 7.

Resolution 2022-70 of the City Council acting on Behalf of the City of Coachella Community Facilities District No. 2005-01 (Law Enforcement, Fire and Paramedic Services) Calling a Special Election within Annexation Area 34.

Resolution 2022-71 of the City Council acting on Behalf of the City of Coachella Community Facilities District No. 2005-01 (Law Enforcement, Fire and Paramedic Services) Canvassing the Results of the Election Held Within Annexation Area No. 34 Annexed to Said District.

Ordinance No. 1197 - An Ordinance of the City Council acting on Behalf of the City of Coachella Community Facilities District No. 2005-01 (Law Enforcement, Fire and Paramedic Services) Authorizing the Levy of a Special Tax Within Annexation Area No. 34 Annexed to Said District (First Reading).

DISCUSSION/ANALYSIS
Pursuant to the conditions of approval imposed on Architectural Review No. 19-06, which approved architectural plans for development of a two-story, 152-unit affordable housing development, the project site must be annexed into the City-wide Community Facilities District (CFD No. 2005-01). The City Council canvassed the results of the special election on July 27, 2022 and the property owner voted in favor of annexing into the CFD 2005-1 and therefore approved Ordinance No. 1197 on first reading to authorize the levy of the special tax for Annexation Area No. 34. The City Council must take action to adopt Ordinance No. 1197 by second reading in order to levy the special tax within Annexation 34.

FISCAL IMPACT:

The ordinance actions would pave the way to annex the Villa Verde Apartments site (Annexation No. 34) into the City-wide CFD which would collect an annual assessment that pays for Law Enforcement, Fire and Paramedic Services. The current rate and apportionment method would collect $1,348.10 for every dwelling unit that is constructed within the developed multifamily residential project. However, the City has agreed to defer these payments for up to 55 years.

Ultimately, these funds will be used to augment the operating costs for police, fire, and paramedic services in the City of Coachella.

ALTERNATIVES:

1. Adopt Ordinance 1197 (2nd Reading).

2. Continue this item and provide staff with direction.

3. Take no action.

RECOMMENDED ALTERNATIVE(S):

Staff recommends alternative #1.

Item 7.

Attachments:

1. Ordinance No. 1197 (2nd Reading)

2. Exhibit A - Rate and Method (CFD 2005-01)

3. Exhibit B - CFD Annexation Map 34

Item 7.

ORDINANCE NO. 1197

ORDINANCE OF THE CITY COUNCIL OF THE CITY OF COACHELLA

ACTING AS THE LEGISLATIVE BODY OF CITY OF COACHELLA
COMMUNITY FACILITIES DISTRICT NO. 2005-1 (LAW

ENFORCEMENT, FIRE AND PARAMEDIC SERVICES) AUTHORIZING
THE LEVY OF A SPECIAL TAX WITHIN ANNEXATION AREA NO. 34

ANNEXED TO SAID DISTRICT
WHEREAS, on April 13, 2022, the City Council (the “Council”) of the City of Coachella, California (the “City”), adopted Resolution No. 2022-53 stating its intention to annex certain properties, consisting of Villa Verde Apartments - APN 768-250-002 and 768-400-001 (“Annexation Area No. 34”), into City of Coachella Community Facilities District No. 2005-1 (Law Enforcement, Fire and Paramedic Services) (the “District”) pursuant to the Mello-Roos Community Facilities Act of 1982, as amended, (the “Act”); and WHEREAS, notice was published as required by law relative to the intention of the Council to annex Annexation Area No. 34 into the District; and WHEREAS, on July 13, 2022 this Council continued the noticed public hearing to July 27, 2022 and held the public hearing as required by law relative to the determination to proceed with the annexation of Annexation Area No. 34 into the District and the rate and method of apportionment and manner of collection of the special tax to be levied within Annexation Area No. 34 to finance certain public services; and
WHEREAS, at said hearing all persons desiring to be heard on all matters pertaining to the annexation of Annexation Area No. 34 were heard and a full and fair hearing was held; and WHEREAS, the Council subsequent to said hearing adopted Resolution No. 2022-69 determining the validity of prior proceedings relative to the annexation of Annexation Area No. 34, annexed Annexation Area Nos. 34, into the District and authorized the levy of a special tax within Annexation Area No. 34; and
WHEREAS, the Council subsequent to said hearing adopted Resolution No. 2022-70 which called an election within Annexation Area No. 34, for July 27, 2022 on the proposition of levying a special tax; and
WHEREAS, on July 27, 2022 an election was held within Annexation Area No. 34, in which the eligible electors approved by more than two-thirds vote the proposition of levying a special tax;

NOW, THEREFORE, BE IT ORDAINED, BY THE CITY COUNCIL OF THE CITY OF COACHELLA AS FOLLOWS:

Section 1. A special tax is levied within the boundaries of Annexation Area No. 34, pursuant to the formula set forth in Exhibit “A” attached hereto and incorporated by reference in an amount necessary to finance a portion of the cost of providing law enforcement, fire and

Item 7.

Ordinance No. 1197

paramedic services that are in addition to those provided in the territory within Annexation Area No. 34 prior to the annexation of Annexation Area Nos. 34, respectively, into the District.

Section 2. This legislative body is hereby further authorized each year, by resolution adopted as provided in section 53340 of the Act, to determine the specific special tax rate and amount to be levied for the next fiscal year, except that the special tax rate to be levied shall not exceed the maximum rate set forth in Exhibit “A.”
Section 3. All of the collections of the special tax shall be used as provided for in the Act and Resolution No. 2022-69 of the Council.

Section 4. The above authorized special tax shall be collected in the same manner as ordinary ad valorem taxes are collected and shall be subject to the same penalties and the same procedure and sale in cases of delinquency and provided for ad valorem taxes.

Section 5. The Mayor shall sign this ordinance and the City Clerk shall attest to such signature. The City Clerk is directed to cause the title and summary or text of the this ordinance, together with the vote thereon, to be published within fifteen (15) days after its passage at least once in a newspaper of general circulation published and circulated within the territorial jurisdiction of the City, and to post at the main office of the City a certified copy of the full text of the adopted ordinance along with the names of the Council Members voting for and against the ordinance.

Section 6. This ordinance relating to the levy of the special tax takes effect and shall be in force from and after 30 days from the date of final passage. A copy of this ordinance shall be transmitted to the Clerk of the Board of Supervisors of Riverside County, the Assessor and the Treasurer-Tax Collector of Riverside County.

PASSED, APPROVED and ADOPTED this 14th day of September 2022. ___________________________________
Steven A. Hernandez
Mayor
ATTEST:
___________________________________
Angela M. Zepeda
City Clerk

Item 7.

Ordinance No. 1197

APPROVED AS TO FORM:
___________________________________
Carlos Campos
City Attorney

Item 7.

Ordinance No. 1197

STATE OF CALIFORNIA

COUNTY OF RIVERSIDE

CITY OF COACHELLA
)
) ss.
)
I HEREBY CERTIFY that the foregoing Ordinance No. 1197 was duly and regularly introduced at a meeting of the City Council on the 27th day of July 2022, and that thereafter the said ordinance was duly passed and adopted at a regular meeting of the City Council on the 14th day of September 2022.

AYES:

NOES:

ABSENT:

ABSTAIN:
___________________________________
Andrea J. Carranza, MMC
Deputy City Clerk

Item 7.

EXHIBIT A

RATE AND METHOD OF APPORTIONMENT

Item 7.

NOTICE OF ADOPTION OF ORDINANCE NO. 1197
NOTICE IS HEREBY GIVEN that on September 14, 2022, at the Council Chambers of the City of Coachella, 1515 Sixth Street, Coachella, California 92236, the City Council of the City of Coachella, in its capacity as the legislative body of the City of Coachella Community Facilities District No. 2005-1 (Law Enforcement, Fire and Paramedic Services), held a public hearing and adopted Ordinance No. 1197. A summary of Ordinance No. 1197 follows and is marked as Exhibit “A”. At said time and place the testimony of all interested persons or taxpayers for or against said ordinance was heard.

Ordinance No. 1197 was adopted by the following vote:

AYES:

NOES:

ABSTAIN:

ABSENT:

By: Andrea Carranza, Deputy City Clerk
City of Coachella

Dated: September 14, 2022

Item 7.

EXHIBIT “A”

BEFORE THE CITY COUNCIL OF THE CITY OF COACHELLA IN ITS

CAPACITY AS THE LEGISLATIVE BODY OF THE CITY OF COACHELLA COMMUNITY FACILITIES DISTRICT NO. 2005-1 (LAW ENFORCEMENT, FIRE

AND PARAMEDIC SERVICES)
IN THE MATTER OF Authorizing
the Levy of a Special Tax Within
Annexation Area No. 34 Annexed
to City of Coachella Community
Facilities District No. 2005-1 (Law
Enforcement, Fire and Paramedic
Services)
) ORDINANCE NO. 1197 SUMMARY
)
)
)
)
)
)
The ordinance authorizes the levy of an annual special tax within Annexation Area No. 34 annexed to City of Coachella Community Facilities District No. 2005-1 (Law Enforcement, Fire and Paramedic Services) (the “District”), collected in the same manner as ordinary ad valorem taxes, in an amount necessary to finance a portion of the cost of providing law enforcement, fire and paramedic services that are in addition to those provided in the territory within Annexation Area Nos. 34, prior to the annexation of Annexation Area Nos. 34, respectively, to the District, which is necessary to meet increased demands placed upon the City as a result of development or rehabilitation occurring within Annexation Area No. 34.

By: Andrea Carranza, Deputy City Clerk
City of Coachella
Dated: September 14, 2022

Item 7.

Attachment 5
1 RATE AND METHOD OF APPORTIONMENT FOR
CITY OF COACHELLA COMMUNITY FACILITIES DISTRICT NO. 2005-1 (LAW ENFORCEMENT, FIRE AND PARAMEDIC SERVICES)
A Special Tax as hereinafter defined shall be levied on all Assessor’s Parcels in Community Facilities District No. 2005-1 of the City of Coachella (the “CFD”) and collected each Fiscal Year commencing in Fiscal Year 2006-07, in an amount determined by the City Council of the City of Coachella, through the application of the Rate Method of Apportionment as described below. All of the real property in the CFD, unless exempted by law or by the provisions hereof, shall be taxed for the purposes, to the extent and in the manner herein provided.

A. DEFINITIONS
The terms hereinafter set forth have the following meanings:
“Act” means the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter 2.5, Division 2 of Title 5 of the Government Code of the State of California. “Assessor’s Parcel” means a lot or parcel shown in an Assessor’s Parcel Map with an assigned Assessor’s parcel number.
“Assessor’s Parcel Map” means an official map of the County Assessor of the County designating parcels by Assessor’s parcel number.
“CFD Administration” means an official of the City, or designee thereof, responsible for providing for the levy and collection of the Special Taxes. “CDF” means City of Coachella Community Facilities District No. 2005-1 (Law Enforcement, Fire and Paramedic Services).
“City” means the City of Coachella.
“City Council” means the City Council of the City.
“Commercial or Industrial Property” means for each Fiscal Year, property for which a building permit for new construction of a commercial or industrial use building has been issued. “County” means the County of Riverside.
“Developed Multi-Family Residential Property” means for each Fiscal Year, all Taxable Property for which a building permit for new construction of a multi-family dwelling with four or more units was issued prior to June 30 of the prior Fiscal Year, exclusive of property for which the property owner pays Transient Occupancy Taxes or the property owner has entered into an agreement with the City pursuant to which such property owner pays Transient Occupancy Taxes.

Item 7.

Attachment 5
2 “Developed Property” means for each Fiscal Year, all Developed Multi-Family Residential Property and Developed Single-Family Residential Property. “Developed Single-Family Residential Property” means for each Fiscal Year, all Taxable Property for which a building permit new construction of a single-family dwelling unit was issued prior to June 30 of the prior Fiscal Year.
“Fiscal Year” means the period starting July 1 and ending on the following June 30. “Resolution of Formation” means the resolution adopted by the City as authorized by Section 53325.1 of the California Government Code.
“Special Tax” means the special tax to be levied in each Fiscal Year on each Assessor’s Parcel Taxable Property.
“State” means the State of California.
“Taxable Property” means all the Assessor’s Parcels within the boundaries of the CFD which are not exempt from the Special Tax pursuant to law or Section E below. “Transient Occupancy Taxes” means those transient occupancy taxes payable to the City pursuant to Ordinance.
“Undeveloped Property” means, for each Fiscal Year, all Assessor’s Parcels not classified as Developed Property or Commercial or Industrial Property.

B. ASSIGNMENT TO LAND USE CLASSES
Each Fiscal Year, all Taxable Property within the CFD classified as Developed Single-Family Residential Property or Developed Multi-Family Residential Property shall be subject to Special Taxes in accordance with the rate and method of apportionment determined pursuant to Sections C and D below.

C. MAXIMUM SPECIAL TAX

1. Developed Single-Family Residential Property
a. Maximum Special Tax
The 2005-06 thru 2014-15 Maximum Special Tax for each Assessor’s Parcel classified as Developed Single-Family Residential Property shall be $663.00 for Police Services and $405.00 for Fire/Paramedic Services.
b. Increase in the Maximum Special Tax
On each July 1, commencing on July 1, 2015, the Maximum Special Tax shall be increased by an amount equal to the percentage increase in the U.S. Department of Labor Statistics, Consumer Price Index, for Los Angeles-Riverside-Orange County, California, for the 12

Item 7.

Attachment 5
3 month period ending the preceding December 31, of the amount in effect for the previous Fiscal Year.

2. Developed Multi-Family Residential Property
a. Maximum Special Tax
The 2005-06 thru 2014-15 Maximum Special Tax for each Assessor’s Parcel classified as Developed Multi-Family Residential Property shall be $663.00 for Police Services and $405.00 for Fire/Paramedic Services multiplied by the number of separate dwelling units applicable to such Assessor’s Parcel.
b. Increase in the Maximum Special Tax
On each July 1, commencing on July 1, 2015, the Maximum Special Tax shall be increased by an amount equal to the percentage increase in the U.S. Department of Labor Statistics, Consumer Price Index, for Los Angeles-Riverside-Orange County, California, for the 12 month period ending the preceding December 31, of the amount in effect for the previous Fiscal Year.

D. METHOD OF APPORTIONMENT OF THE SPECIAL TAX
Commencing with Fiscal Year 2005-06 and for each following Fiscal Year, the City Council shall levy the Special Tax at the Maximum Special Tax on all Developed Single-Family Residential Property and Developed Multi-Family Residential Property.

E. EXEMPTIONS: EXCLUSIONS
No Special Tax shall be levied on Undeveloped Property, Commercial or Industrial Property or for Developed Property developed as part of a development with less than 4 units. In the event that a Developed Multi-Family Residential Property that has been excluded from a levy of the Special Tax by reason of the payment by the property owner of Transient Occupancy Tax, and should that payment be terminated, such Assessor Parcel shall not longer be excluded from Developed MultiFamily Residential Property and will be subject to the Special Tax.

F. APPEALS AND INTERPRETATIONS
Any taxpayer may file a written appeal of the Special Tax on his/her property with the CFD Administrator, provided that the appellant is current in his/her payments of Special Taxes. During the pendency of an appeal, all Special Taxes previously levied must be paid on or before the payment date established when the levy was made. The appeal must specify the reasons why the appellant claims the calculation of the Special Tax is in error. The CFD Administrator shall review the appeal, meet with the appellant if the CFD Administrator deems necessary, and advise the appellant of its determination. If the CFD Administrator agrees with the appellant, the CFD Administrator shall eliminate or reduce the Special Tax on the appellant’s property and/or provide a refund to the appellant. If the CFD Administrator disagrees with the appellant and the appellant is dissatisfied with the determination, the appellant then has 30 days in which to appeal to the Board by filing a written notice of appeal with the Board Secretary, provided that the appellant is

Item 7.

Attachment 5
4 current in his/her payments of Special Taxes. The second appeal must specify the reasons for its disagreement with the CFD Administrator’s determination.

G. MANNER OF COLLECTION
The Special Tax will be collected in the same manner and at the same time as ordinary ad valorem property taxes; provided, however, that the CFD may directly bill the Special Tax, may collect Special Taxes at different time or in a different manner if necessary to meets its financial obligations, and may covenant to foreclose and may actually foreclose on delinquent Assessor’s Parcels as permitted by the Act.

H. PREPAYMENT OF THE SPECIAL TAX
The Special Tax may not be prepaid.

I. TERM OF THE SPECIAL TAX
The Annual Maximum Special Tax shall be levied in perpetuity or unit Law Enforcement, Fire and Paramedic Services are no longer being provided by the City within the CFD, whichever is earlier.

Item 7.

PROPOSED BOUNDARY OF CITY OF COACHELLA
COMMUNITY FACILITIES DISTRICT NO. ____-_, ANNEX 34
(A PORTION OF SECTION 7, TOWNSHIP 6 SOUTH, RANGE 8 EAST, S.B.M.)

COUNTY OF RIVERSIDE

STATE OF CALIFORNIA
J.N. 2499 SHEET 1 OF 1 SHEET
CITY OF COACHELLA COMMUNITY FACILITIES DISTRICT NO. ____, ANNEX 34, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA

PROPOSED BOUNDARY MAP
______ ___________ ______
____________ ____________
___________
______________________________
______________________________
______________________________
__________
__________ ______
__________________________________________________________ ________ _____________ ______ ___________________________ __________________________________________________________ APN 768-400-001
N.T.S.

VICINITY MAP
NRTH
E'LY 330' OF
N 1/2, LOT 7
MB 4/53
POR. N 1/2, LOT 8, MB 4/53
DOC. NO. 2014-0186966
REC. 5/22/2014, O.R.

E. LINE
LOT 7
APN 768-350-002

VAN BUREN STREET
AVENUE 52
AVENUE 50
111

CALLE VERDE CALLE

CALLE ZAMORA
SITE

HARRISON STREET
TECHA
0' 160'
SCALE 1"=80'
80' 240' 320'
S. LINE N 1/2, LOT 7
MB 87/81-82 MB 21/19
MB 20/56
RS 130/7
MB 397/1-5

EMPALME
CALLE

CALLE VERDE

CALLE TECHA

CALLE ZAMORA

CALLE LEANDRO
TRACT MAP NO. 31158
{\Fromans|c0;9.254 AC.}

Item 7.

STAFF REPORT
9/14/2022
TO: Honorable Mayor and City Council Members
FROM: Gabriel Perez, Development Services Director
SUBJECT: Adopt Ordinance No. 1198 (Change of Zone No. 22-02) to change the zoning designation of the 7.8-acre vacant site (APN 763-400-016 and 763-400-017) from “Heavy Industrial” to “Urban Employment Center” located near the southwest corner of Avenue 52 and Industrial Way. City-Initiated. (2 nd Reading)
STAFF RECOMMENDATION:

Staff recommends that the City Council adopt Ordinance No. 1198 approving Change of Zone No. 22-02 to amend the City of Coachella Official Zoning Map for the 7.8-acre vacant site located near the southwest corner of Avenue 52 and Industrial Way.

BACKGROUND:

The City of Coachella is the property owner of the subject 7.8-acre site, which is comprised of two parcels (APN 763-400-016 - 3.99 acres and 763-400-017 - 3.8 acres). The City is pursuing a land use reclassification of the site from “Heavy Industrial” zoning to “Urban Employment Center” zoning to allow for a mix of uses that may include high-density multi-family housing, retail and professional office uses. The City submitted an application to the California Strategic Growth Council for a Transformative Climate Communities (TCC) grant in July 2022 that includes a request to construct affordable multi-family housing and offices for a conservation center for the Southern California Mountains Foundation and Urban Conservation Core of the Inland Empire.

The TCC grant identifies any potential housing may occur on 3.6 acres of the 7.8-acre site. On July 27, 2022, the City Council took action that included the following:
 Adoption of Resolution No. 2022-78 adopting an Addendum to the City’s General Plan Update EIR and approval of General Plan Amendment No. 22-01 for the 7.8-acre vacant site.
 Introduction of Ordinance No. 1198 for first reading, by title only, approving Change of Zone No. 22-02 for the 7.8-acre vacant site.

DISCUSSION/ANALYSIS:

The subject site has a current zoning designation of M-H (Heavy Industrial), which allows heavy industrial uses permitted either by right or with approval of a conditional use permit. The site has an Industrial District General Plan land use designation consistent with the M-H zone.

Item 8.

Surrounding uses are industrial in nature and include the Union Pacific Railroad to the West, Western Water Works, Jones Brothers Construction, and ATS Stone Corporation to the North, the Sunworld and Woodspur Farms agricultural packing companies to the East and vacant industrial land to the South.

A General Plan Amendment from “Industrial District” to “Urban Employment Center” would accommodate employment uses such as office and research and development rather than industrial uses such as manufacturing, distribution and warehouse. The General Plan recommends that employment uses in this District be supported by retail, service and similar uses. Residential uses are allowed in residential-only buildings or in a mixed-use configuration with ground-floor retail.

Also allowed are higher education uses (such as a college or university) designed in urban setting.

The maximum height permitted in the Urban Employment General Plan Land Use and Zoning District would be 5-stories with a residential density range of 30-65 units per acre. Water and sewer service infrastructure is available on Industrial Way and therefore the site is a potential candidate for the City’s 6th Cycle Housing Element Site Inventory, which requires sites less than 10 acres with available infrastructure available to serve potential development.

ENVIRONMENTAL REVIEW:

Staff prepared an Addendum to the Coachella General Plan Update Environmental Impact Report pursuant to the guidelines of the California Environmental Quality Act (CEQA). The addendum evaluated the potential to develop up to 507 dwelling units consistent with the density permitted in the Urban Employment Center (30-65 du/acre). The Addendum concluded on the basis of substantial evidence that the proposed Project is not expected to result in impacts beyond those previously identified and mitigated in the CGPU EIR. The City Council adopted Resolution No. 2022-78 on July 27, 2022 adopting an Addendum to the City’s General Plan Update EIR and approval of General Plan Amendment No. 22-01 for the 7.8-acre vacant site.

ALTERNATIVES:

1. Adopt Ordinance No. 1198 approving Change of Zone No. 22-02 and amending the Official Zoning Map of the subject site from “(M-H) Heavy Industrial” to “Urban Employment Center.”

2. Continue this matter and provide staff direction.

3. Deny the ordinance.

RECOMMENDED ALTERNATIVE(S):

Staff recommends Alternative #1.

Attachments:

1. Ordinance No. 1198
Exhibit A – Change of Zone Exhibit

2. Vicinity Map

Item 8.

ORDINANCE NO. 1198

AN ORDINANCE OF THE COACHELLA CITY COUNCIL APPROVING
A CHANGE OF ZONE NO. 22-02 A ZONING RECLASSIFICATION

FROM (M-H) HEAVY INDUSTRIAL TO URBAN EMPLOYMENT
CENTER ON A 7.8 ACRE SITE (APN 763-400-016 AND 763-400-017)

LOCATED NEAR THE SOUTHWEST CORNER OF INDUSTRIAL WAY
AND AVENUE 52. CITY-INITIATED.

WHEREAS, in 2015, the City of Coachella (“City”) adopted a General Plan Update to guide development and provide a basis for decision-making for the City through 2035; and WHEREAS, pursuant to the California Environmental Quality Act (Pub. Resources Code, § 21000 et seq.) (“CEQA”) and the State CEQA Guidelines (Cal. Code of Regs., tit. 14, § 15000 et seq.), in 2015 the City certified the Final Environmental Impact Report (“CGPU EIR”) (SCH # 2009021007), in connection with the General Plan Update; and WHEREAS, the CGPU EIR considered buildout conditions of the Proposed Land Use Plan, which included the maximum buildout potential of a 7.8-acre site located near the southwest corner of Avenue 52 and Industrial Way (“Project Site”) under the “Industrial District” land use designation; and
WHEREAS, to facilitate the development of the City parcels , the City proposes a General Plan Amendment to change the land use designation of the 7.8-acre site from “Industrial District” to “Urban Employment Center” and a Change of Zone to reclassify the site from M-H, Heavy Industrial, to Urban Employment Center Zoning District (“Project”); and WHEREAS, pursuant to CEQA, when taking subsequent discretionary actions in furtherance of a project for which an Environmental Impact Report (“EIR”) has been certified or a Mitigated Negative Declaration (“MND”) has been adopted, the lead agency is required to review any changed circumstances to determine whether any of the circumstances under Public Resources Code section 21166 and State CEQA Guidelines section 15162 require additional environmental review; and
WHEREAS, by way of preparation of an Addendum, the City has evaluated the Project in light of the standards for subsequent environmental review outlined in Public Resources Code section 21166 and State CEQA Guidelines section 15162; and WHEREAS, based on that analysis, the City Council has concluded that approval of the Project does not require preparation of a subsequent or supplemental EIR because there is no possibility for new significant environmental effects or a substantial increase in the severity of previously identified significant environmental effects; and WHEREAS, the City, as lead agency, determined an Addendum to the certified CGPU EIR should therefore be prepared for the Project’s proposed minor technical changes; and

Item 8.

Ordinance No. 1198

WHEREAS, on July 26, 2022 the Planning Commission held a duly noticed public hearing to review the project, as modified and the related environmental documents, at which time during the hearing members of the public were given an opportunity to testify regarding the Project; and
WHEREAS, after said public hearing, the Planning Commission recommended that the City Council approve this Ordinance; and,
WHEREAS, the City Council conducted a properly noticed public hearing on July 27, 2022 at which members of the public were afforded an opportunity to comment on this Ordinance, the recommendations of staff, and other public testimony.

WHEREAS, the City Council carefully considered all information pertaining to the Project, including the staff report, and all of the information, evidence, and testimony presented at its public hearing; and
WHEREAS, all other legal prerequisites to the adoption of this Ordinance have occurred.

NOW, THEREFORE, be it resolved that the City Council hereby ordains approval of Change of Zone No. 22-02, a zoning reclassification from M-H (Heavy Industrial) to Urban Employment Center for 7.8 acres of vacant land located near the southwest corner of Avenue 52 and Industrial Way subject to the findings listed below and Change of Zone exhibit of “Exhibit A.”
Findings for Change of Zone No. 22-02:

1. The proposed change of zone will serve the public necessity, convenience, general welfare, and will provide good zoning practice for the vicinity of the site. The site would be within the Urban Employment Center land use designation upon approval of General Plan Amendment 22-01. The re-zoning of the property would allow for new affordable, high density residential, which will promote the City’s long-term residential development goals for the larger vicinity and help in meeting the RHNA numbers as assigned by SCAG. The rezoning would also accommodate potential research and development, retail, education and professional office uses.

2. The proposed change of zone is consistent with the intent and purpose of the City’s General Plan in that the proposed Urban Employment Center zoning would allow future high-density multi-family residential, research and development, retail, education and professional office uses, which assist in keeping with the goals and policies of the General Plan. The proposed change of zone is consistent with the goals and policies of the Land Use Element of the General Plan, which upon approval of General Plan Amendment 22-01 designates the subject property as Urban Employment Center. The proposed Urban Employment Center zoning is a conforming zone in the Urban Employment Center General Plan land use designation. The subject site is located towards the northern end of General Plan Subarea 7 and the General Plan here encouraged uses to focus on office and research and development rather than the

Item 8.

Ordinance No. 1198

southerly part of the Subarea 7 towards Avenue 54, where uses should be more industrial, warehouse and distribution.

PASSED, APPROVED and ADOPTED this 14th day of September 2022. ___________________________________
Steven A. Hernandez
Mayor
ATTEST:
___________________________________
Angela M. Zepeda
City Clerk
APPROVED AS TO FORM:
___________________________________
Carlos Campos
City Attorney

Item 8.

Ordinance No. 1198

STATE OF CALIFORNIA

COUNTY OF RIVERSIDE

CITY OF COACHELLA
)
) ss.
)
I HEREBY CERTIFY that the foregoing Ordinance No. 1198 was duly and regularly introduced at a meeting of the City Council on the 27th day of July 2022, and that thereafter the said ordinance was duly passed and adopted at a regular meeting of the City Council on the 14th day of September 2022.

AYES:

NOES:

ABSENT:

ABSTAIN:
___________________________________
Andrea J. Carranza, MMC
Deputy City Clerk

Item 8.
763400017
763400016
¯
Industrial Way
CZ No. 22-02 Change of Zone Exhibit
Existing Zoning District:
(M-H) Heavy Industrial
Proposed Zoning District:

Urban Employment Center
Exhibit A

Item 8.

Source: Esri, Maxar, GeoEye, Earthstar Geographics, CNES/Airbus DS, USDA, USGS, AeroGRID, IGN, and the GIS User Community Vicinity Map
¯
Site
Industrial Way
Avenue 52

Item 8.

STAFF REPORT
9/14/2022
TO: Honorable Mayor and City Council Members
FROM: Nathan Statham, Finance Director
SUBJECT: Development Impact Fee Deferral Agreement for Coachella Lakes RV Resort STAFF RECOMMENDATION:

Staff recommends that City Council approve resolution 2022-35 authorizing the City to enter into a Development Impact Fee Deferral Agreement with Coachella Lakes RV Resort for deferral of water and sewer connection fees associated with the development of the project.

BACKGROUND:

The Coachella Lakes RV Resort is a 469 space recreational vehicle campground with a 1,400 sq. ft. clubhouse and laundry/restroom facility buildings. In addition to increased property taxes, the City expects to see an increase in transient occupancy taxes (TOT) as these units begin renting.

TOT increases are expected in excess of $280,000 annually once fully operational.

On March 6, 2019 the Planning Commission approved a Conditional Use permit 308, Architectural Review 18-18 for Coachella Lakes RV Resort. The project is now under construction. On March 10, 2022 this deferral agreement request was evaluated by the Economic Development Sub Committee (EDSC). The EDSC evaluated the economic impact of the project and the benefits of increased TOT revenues to the City recommending the item be moved forward for approval by the City Council.

The permit and Development Impact Fees for Coachella Lakes RV Resort construction total $1,770,448. The Owner has paid $770,448 in permit and development impact fees. The Owner requested a deferral agreement of $1,000,000 for utility connection fees ($200,000 for water and $800,000 for sanitation). The proposed deferral payment plan is five (5) annual installments of $200,000 starting one (1) year from certificate of occupancy. The City’s cash position in each of the water and sanitary funds is such that deferral of water and sanitary connection fees will not have any impact on the operation of the utilities.

DISCUSSION/ANALYSIS:

The deferred development impact fee is proposed under the following terms:

Item 9.

1. Deferred Amount – not to exceed $1,000,000.

2. Loan Term - 5 years.

3. Interest - 3% simple interest annually.

4. Repayment – Annual payments of $200,000 commencing upon issuance of certificate of occupancy.

With final agreement approved subject to the following conditions:

1. There exists no default nor any act, failure, omission or condition that would constitute an event of default under this Agreement.

2. Owner shall execute, in recordable form where applicable, and deliver to City the Note and Deed of Trust.

3. A title insurer will issue a CLTA standard form lender’s policy of title insurance insuring the priority of the Deed of Trust as a lien against the property.

4. Owner has obtained all approvals and permits necessary to commence the project.

5. Owner has completed all acts and obtained all approvals necessary for the issuance of the final granted permit for the project.

FISCAL IMPACT:

This agreement is not expected to impact the City’s finances in that the agreement interest will cover interest earnings on what would otherwise be idle cash balances.

ATTACHMENTS:

1. Resolution 2022-35.

2. DIF Deferral Agreement (water and sewer connection charges).

Item 9.

Resolution No. 2022-35

RESOLUTION NO. 2022-35

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COACHELLA,

CALIFORNIA APPROVING A DEVELOPMENT FEE DEFERRAL FOR COACHELLA LAKES RV RESORT.

WHEREAS, Coachella RV LLC “Owner” owns certain real property located in the City of Coachella, located on Dillion Road and is developing Coachella Lakes RV Resort; and WHEREAS, Coach RV is requesting a Development Impact Fee Deferral Agreement (Water and Sewer Charges) associated with the construction of the Project for up to five (5) years to a maximum amount of one million dollars ($1,000,000) as set for in Exhibit C; and WHEREAS, the City has agreed to enter into a Deferral Agreement for water, sewer connection fees; and
WHEREAS, the Owner needs the City Council to approve entering into these agreements to complete the project; and

NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF COACHELLA HEREBY RESOLVES AS FOLLOWS:

SECTION 1 – Council approves entering into a development impact fee deferral agreement consistent with the draft agreement in Attachment A.

SECTION 2 - The City Manager is authorized to execute a development impact fee deferral agreement and related promissory note and deed of trust with Coach RV, LLC subject to minor modifications to conform language as needed provided final terms are consistent with those outlined in Attachment A.

PASSED, APPROVED and ADOPTED, this 14th day of September 2022. _________________________
Steven A Hernandez
Mayor
ATTEST:
__________________________
Angela M. Zepeda
City Clerk

Item 9.

Resolution No. 2022-35

APPROVED AS TO FORM:
_____________________________
Carlos Capos
City Attorney

Item 9.

Resolution No. 2022-35

STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.

CITY OF COACHELLA )
I HEREBY CERTIFY that the foregoing Resolution No. 2022-35 was duly adopted by the City Council of the City of Coachella at a regular meeting thereof, held on this 14th day of September 2022 by the following vote of the City Council:

AYES:

NOES:

ABSENT:

ABSTAIN:
________________________
Andrea J. Carranza, MMC
Deputy City Clerk

Item 9.
1 Development Impact Fee Deferral Agreement (water and sewer connection charges) THIS FEE DEFERRAL AGREEMENT (this “Agreement”) is made and entered into as of June 8, 2022, by and between Coach RV LLC, a Minnesota limited liability company, dba Coachella Lakes RV Resort (“Owner”), and the CITY OF COACHELLA, a municipal corporation (“City”).

RECITALS
A. On March 6, 2019, the Planning Commission of the City of Coachella approved Architectural Review 18-18 and Conditional Use Permit 308 allowing for the construction of a new 469 space recreational vehicle campground community including a 1,400 sq. ft. clubhouse, two laundry/restroom buildings, and certain other buildings (the “Project”) on 78.3 acres of vacant land located at 44-790 Dillon Road (the “Property”).

B. The owner has requested that City defer a portion of the water and sewer related development impact fees (connection charges) charged in connection with the construction of the Project. All new developments are required to pay water and sewer connection fees for purposes of upgrading City water and sewer capacity to accommodate the additional service needs resulting from the new development.

C. On June 8, 2022, the City Council approved a deferral of the Deferred Fees (as hereafter defined) subject to certain conditions, including without limitation execution documents prepared by the City staff to evidence the deferral and repayment of the connection fees.

D. The parties now desire to enter into this Agreement to defer the receipt of a portion of the development fees associated with the construction of the Project, and that Owner shall repay the fees over time, upon the terms and conditions set forth in this Agreement.

AGREEMENT
NOW, THEREFORE, IT IS AGREED AS FOLLOWS:

1. Deferred connection fees. City hereby agrees to defer a portion of the water and sewer fees due and payable by Owner in connection with the development of the Project for up to five years, up to a maximum amount of one million Dollars ($1,000,000) as set forth on Exhibit C attached hereto and incorporated herein by this reference (collectively, the “Deferred Fees”). The payment of the Deferred Fees will be evidenced by a promissory note in the principal amount of the Deferred Fees, to be executed by Owner in substantially the form attached hereto as Exhibit A and incorporated herein by this reference (the “Note”). As security for the Note, Owner shall grant to City a deed of trust creating a valid lien upon the Property, in substantially the form attached hereto as Exhibit B and incorporated herein by this reference (the “Deed of Trust”).

2. Conditions Precedent to Deferral of the Deferred Fees. The following are conditions precedent, and shall be satisfactorily completed as a condition to deferral of the Deferred Fees by the City:

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2 a. There exists no default, beyond any applicable cure period, nor any act, failure, omission or condition that would constitute an event of default beyond any applicable cure period under this Agreement;
b. Owner shall execute, in recordable form where applicable, and deliver to City the Note and the Deed of Trust;
c. A title insurer reasonably acceptable to the City is unconditionally and irrevocably committed to issuing a CLTA standard form lender’s policy of title insurance insuring the priority of the Deed of Trust as a lien against the Property, subject only to such exceptions and exclusions as may be reasonably acceptable to the City, and containing such endorsements as the City may reasonably require;
d. Owner has obtained all approvals and permits (with the exception of issuance of the final building permit) necessary for commencement of construction of the Project. e. Owner has completed all acts and obtained all approvals necessary for issuance of the final granting permit for the Project, subject only to completion of all other conditions precedent set forth in this Section 2, and delivery of the Note and the Deed of Trust;

3. Repayment. As more fully set forth in the Note, (i) the Deferred CFD shall accrue simple interest at the rate of three percent (3%) per annum from beginning July 1, 2022, (ii) Owner shall commence equal annual principal and interest installment payments on the outstanding balance by June 30, 2023 due every June 30th thereafter.

4. Subordination. City shall subordinate its right to receive the payments under the Note to financing obtained by Owner to construct and develop the Development, as well as to any subsequent refinancing thereof; provided, however, that City shall not be required to subordinate if, in the reasonable discretion of City, Owner has not presented reasonably satisfactory evidence to City that the Project will generate sufficient funds to pay the debt service on the financing that is proposed and to repay the Deferred Fees from the Project as set forth in Section 3 and in accordance with the Note.

5. Costs of Enforcement. Owner agrees to pay the following costs, expenses, and attorneys’ fees paid or incurred by City or adjudged by a Court: (1) reasonable costs of collection, costs, and expenses, and reasonable attorneys’ fees paid or incurred in connection with the collection, enforcement, or foreclosure sale of any security for this Agreement, or of any covenant of this Agreement or such security, whether or not suit is filed; (2) costs of suit and such sums the Court may adjudge as attorneys’ fees in any action to enforce payment of all amounts due under this Agreement or any part of it; and (3) costs of suit and such sums as the Court may adjudge as reasonable attorneys’ fees in any other litigation or controversy connected with the enforcement of this Agreement.

6. No Liability of City Officials. No councilmember, director, official or employee of the City shall be personally liable to the City, or any successor in interest, in the event of any default or breach by the City under this Agreement or for any amount which may become due to the City under the terms of this Agreement.

Item 9.
3 7. Certificate of Occupancy. City hereby acknowledges and agrees that payment of the Deferred Fees shall not be a condition of the City issuing the building permits for the Project, nor shall it be a condition of City issuing a Certificate of Occupancy with respect to the development.

8. Prevailing Wage.
a. Owner has been alerted to the requirements of California Labor Code Sections 1720 et seq. and 1770 et seq. (the “Prevailing Wage Laws”), which require the payment of prevailing wage rates and the performance of other requirements on certain “public works” and “maintenance” projects. If the work to be performed under this Agreement by Owner is being performed as part of an applicable “public works” or “maintenance” project, as defined by the Prevailing Wage Laws, Owner agrees to fully comply with such Prevailing Wage Laws. b. Owner shall defend (with counsel acceptable to the City), indemnify and hold the City, its officials, officers, employees and agents free and harmless from any claims, liabilities, costs, penalties or interest arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. It shall be mandatory upon the Owner and its contractors to comply with, to the extent applicable to the Project, all California Labor Code provisions, which include but are not limited to prevailing wages (Labor Code Sections 1771, 1774 and 1775), employment of apprentices (Labor Code Section 1777.5), certified payroll records (Labor Code Section 1776), hours of labor (Labor Code Sections 1813 and 1815), public works contractor registration (Labor Code Sections 1725.5 and 1771.1) and debarment of contractors and subcontractors (Labor Code Sections 1777.1).
c. It shall be the sole responsibility of Owner to determine whether to comply with Prevailing Wage Laws for any or all work required by this Agreement. As a material part of this Agreement, Owner agrees to assume all risk of liability arising from any decision not to comply with Prevailing Wage Laws for work required by this Agreement.

9. Miscellaneous Provisions.
a. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California, to the jurisdiction of which the parties hereto submit.
b. Time of the Essence. Time is of the essence of each and every provision of this Agreement.
c. Notices. Notices or other communications given under this Agreement shall be in writing and shall be served personally or transmitted by first class mail, postage prepaid.

Notices shall be deemed received either at the time of actual receipt or, if mailed in accordance herewith, on the third (3rd) business day after mailing, whichever occurs first. Notices shall be directed to the parties at the following addresses or at such other addresses as the parties may indicate by notice:

Item 9.
4 City: City of Coachella
53990 Enterprise Way
Coachella, CA 92236
Attn: Finance Director
Owner: Coach RV LLC
2800 Niagara Lane
Plymouth MN 55447
d. Invalidity. If any provision of this Agreement shall be invalid, illegal or unenforceable, the validity, legality, and enforceability of the remaining provisions hereof shall not in any way be affected or impaired thereby.
e. Headings. The titles and headings of the various sections of this Agreement are intended solely for reference and are not intended to explain, modify or place any interpretation upon any provision of this Agreement.
f. Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be prohibited or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity without invalidating the remainder of such or the remaining provisions of this Agreement.
g. Waiver. No waiver of any provision of this Agreement shall be deemed or shall constitute a waiver of any other provision, whether or not similar, nor shall any waiver constitute a continuing waiver. No waiver shall be binding unless executing in writing by the party making the waiver.
h. Number and Gender. As used in this Agreement, the masculine, feminine or neuter gender, and the singular or plural number, shall each include the others whenever the context so indicates or requires.
i. Further Assurances. The parties shall execute, acknowledge, file or record such other instruments and statements and shall take such additional action as may be necessary to carry out the purpose and intent of this Agreement.
j. Binding Effect. This Agreement shall be binding upon and inure to the benefit of the parties’ respective heirs, legal representatives, successors and assigns. k. Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes all prior or contemporaneous agreements, representations, warranties and understandings of the parties concerning the subject matter contained herein, written or oral. No change, modification, addendum or amendment to any provision of this Agreement shall be valid unless executed in writing by each party hereto. This Agreement shall be construed according to its fair meaning and as if prepared by both parties hereto. Any rule of law (including, without limitation, California Civil Code Section 1654) or legal decision that

Item 9.
5 would require interpretation of any ambiguities in this Agreement against the party that has drafted it is not applicable and is hereby waived.
l. Attorneys’ Fees. In the event of any litigation arising out of this Agreement, the prevailing party in such action, or the nondismissing party where the dismissal occurs other than by reason of a settlement, shall be entitled to recover its reasonable costs and expenses, including, without limitation, reasonable attorneys’ fees and costs paid or incurred in good faith.

The “prevailing party,” for purposes of this Agreement, shall be deemed to be that party who obtains substantially the result sought, whether by settlement, dismissal or judgment. m. Counterparts. This Agreement may be executed in counterparts which taken together shall constitute one agreement.
[Remainder of page left intentionally blank. Signatures appear on following page.]

Item 9.
6 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the date first above written.

CITY:

CITY OF COACHELLA,
a California Municipal Corporation
OWNER:

Coach RV LLC, a Minnesota limited liability
company
By: By:

Name: Name:

Title: Mayor Title:

APPROVED AS TO FORM:

BEST BEST & KRIEGER LLP
By:

Name:

Title: City Attorney
ATTEST:

By:

Name:

Title: City Clerk

Item 9.

A-1

EXHIBIT A

PROMISSORY NOTE
Not to Exceed: June 8, 2022
$1,000,000 Coachella, California
FOR VALUE RECEIVED, Coach RV LLC, a Minnesota limited liability company, dba Coachella Lakes RV Resort (the “Maker” or “Owner”), promises to pay the CITY OF COACHELLA, or order (“Holder” or “City”), the initial principal sum not to exceed one million dollars ($1,000,000) (the “Deferred Fees”), or so much as may be deferred or advanced by the City, plus interest thereon pursuant to Section 3, below.

1. City and Owner have entered into that certain Fee Deferral Agreement, dated as of June 8, 2022 herewith (the “Agreement”), providing for, among other things, City’s agreement to defer the receipt of certain fees (collectively, the “Fees”) due and payable by Owner in connection with the Project. All capitalized terms not defined herein shall have the meanings ascribed to such terms in the Agreement.

2. This promissory note (this “Note”) evidences the amount of the Fees to be deferred by the City, in the amount of one million dollars ($1,000,000), which would otherwise be due and payable by Owner for the Project.

3. Commencing on July 1, 2022, and continuing throughout the term of this Note, the outstanding principal balance of the Deferred Fees shall accrue simple interest at the rate of three percent (3%) annually. Notwithstanding the foregoing, in the event of a Default as defined in Section 12, below, interest shall accrue at the default rate set forth in Section 13, below.

4. Payment of this Note is secured by a Deed of Trust, Assignment of Rents, Security Agreement, and Fixture Filing (the “Deed of Trust”) from Maker to Holder, which Deed of Trust has been recorded against the Site. The Agreement, the Deed of Trust and this Note shall constitute the “Loan Documents.”

5. Owner shall pay the Note in five (5) equal annual payments of principal and interest in the amount of Two Hundred Eighteen Thousand Three Hundred Fifty-Four and 57/100 Dollars ($218,354.57) with the first such payment being due on June 30, 2023. The outstanding balance of principal and interest of this Note, if any, shall be due and payable on June 30, 2027 (the “Maturity Date”).

6. Payment shall be made in lawful money of the United States to Holder at 53990 Enterprise Way, Coachella, California 92236. The place of payment may be changed from time to time as the Holder may from time to time designate in writing.

7. Maker hereby covenants and agrees that it shall maintain, or cause to be maintained, the Site in a manner consistent with the provisions set forth therefor in the City’s Municipal Code, and shall keep the entire Site reasonably free from any accumulation of debris or waste materials prior to and after construction.

Item 9.

A-2
If, at any time, Maker fails to maintain the Site, and has either failed to commence to cure such condition, or to diligently prosecute to completion the condition and such failure is not corrected within thirty (30) days from the date of written notice from Holder to Maker (or such longer period if the condition cannot reasonably be cured in thirty (30) days and Maker commences to cure the condition within thirty (30) days and thereafter diligently pursues the same), Holder may perform the necessary corrective maintenance, and Maker shall pay such costs as are reasonably incurred for such maintenance. The Holder shall have the right to place a lien on the property should Maker not reimburse Holder for such costs within sixty (60) days following Holder’s written demand to Maker for reimbursement of such costs. Maker, on behalf of itself its heirs, successors and assigns, hereby grants to Holder and its officers, employees and agents, an irrevocable license to enter upon the Site to perform such maintenance during normal business hours after receipt of written notice from Holder as hereinabove described and Maker’s failure to cure or remedy such failure within thirty (30) days of such notice (or such longer period as described above, if applicable). Any such entry shall be made only after reasonable notice to Maker, and Holder shall indemnify and hold Maker harmless from any claims or liabilities pertaining to any such entry by Holder.

8. The occurrence of any of the following shall constitute an event of default under this Note: (i) Maker fails to pay any amount due hereunder within fifteen (15) days of its due date; (ii) Any other breach by Maker under this Note if such failure is not corrected within thirty (30) days from the date of written notice from Holder to Maker (or such longer period if the failure cannot reasonably be cured in thirty (30) days and Maker commences to cure the condition within thirty (30) days and thereafter diligently pursues the same), (iii) any default by Maker under the Deed of Trust or the Agreement after the expiration of applicable notice and cure periods, including default under the transfer and assignment restrictions; (iii) Any default by Maker under any other loan document affecting the Project or the Site after the expiration of applicable notice cure periods provided; (iv) the filing or initiation of bankruptcy or insolvency proceedings by or against Maker, whether voluntary or involuntary that is not dismissed within sixty (60) days of initiation, or if Maker makes a general assignment for the benefit of creditors or states its inability to pay its debts as they mature; or (v) Maker dissolves or liquidates.

Upon the occurrence of any event of default, or at any time thereafter, at the option of the Holder hereof and without notice, the entire unpaid principal and interest owing on this Note shall become immediately due and payable. However, this option may be exercised at any time following any such event for so long as such default continues, and the acceptance of one or more installments thereafter shall not constitute a waiver of Holder’s option. Holder’s failure to exercise such option shall not constitute a waiver of such option with respect to any subsequent event.

Holder’s failure in the exercise of any other right or remedy hereunder or under any agreement which secures the indebtedness or is related thereto shall not affect any right or remedy and no single or partial exercise of any such right or remedy shall preclude any further exercise thereof.

Holder agrees that in the event any such default is cured by a general partner or limited partner of Maker within the times set forth herein, it shall accept such cure as a cure of the default under this Note.

9. At all times when Maker is in default hereunder by reason of Maker’s failure to pay principal due under this Note or any amounts due under any Loan Documents securing this Note, the interest rate on the sums as to which Maker is in default (including principal, if Holder has

Item 9.

A-3
elected to declare it immediately due and payable), shall be the lower of (i) Ten Percent (10%) per annum, or (ii) the highest rate then allowed by law, commencing as of the date of the default until paid in full, or until the default has been cured, whichever is applicable.

10. Maker and any endorsers hereof and all others who may become liable for all or any part of this obligation, severally waive presentment for payment, demand and protest and notice of protest, and of dishonor and nonpayment of this Note, and expressly consent to any extension of the time of payment hereof or of any installment hereof, to the release of any party liable for this obligation, and any such extension or release may be made without notice to any of said parties and without any way affecting or discharging this liability.

11. Maker agrees to pay immediately upon demand all reasonable costs and expenses of Holder including without limitation reasonable attorneys’ fees: (i) if after default this Note be placed in the hands of an attorney or attorneys for collection; or (ii) if after a default hereunder or under the Deed of Trust, the Agreement or under any Loan Document referred to in this Note, Holder finds it necessary or desirable to secure the services or advice of one or more attorneys with regard to collection of this Note against Maker, any guarantor or any other party liable therefor or to the protection of its rights under this Note, the Deed of Trust, the Agreement or other Loan Document.

12. If Holder shall be made a party to or shall reasonably intervene in any action or proceeding, whether in court or before any governmental agency, affecting the Site or the title thereto or the interest of the Holder under the Deed of Trust, including, without limitation, any form of condemnation or eminent domain proceeding, Holder shall be reimbursed by Maker immediately upon demand for all reasonable costs, charges and attorneys’ fees incurred by Holder in any such case, and the same shall be secured by the Deed of Trust as a further charge and lien upon the Property.

13. Any notices provided for in this Note shall be given by mailing such notice by certified mail, return receipt requested at the address stated in this Note or at such address as either party may designate by written notice.

14. This Note shall be binding upon Maker, its successors, and assigns.

15. This Note shall be construed in accordance with and be governed by the laws of the State of California.

16. If any provision of this Note shall be invalid, illegal, or unenforceable, the validity, legality, and enforceability of the remaining provisions hereof shall not in any way be affected or impaired thereby.

17. This Note is a nonrecourse obligation of Maker. Neither Maker nor any of its general and limited partners shall have any personal liability for repayment of the Loan, and the Holder must resort only to the Project or the Site, or both, for repayment should the Maker fail to repay the sums evidenced hereby.

18. Regardless of the limitation of liability above, Maker will be fully liable for the following:

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A-4
A. Failure to pay taxes, assessments, and any other charges that could result in liens against the Site or any portion of the Site or any other collateral pledged, encumbered, or otherwise covered by the Loan Documents, provided, however, that if Maker is contesting these taxes, assessments or other charges, any delay in the payment of such items shall not be a default hereunder;
B. Failure to pay and discharge any materialmens’ liens or other liens against any portion of the Site or any other collateral pledged, encumbered, or otherwise covered by the Loan Documents, provided, however, that if Maker is contesting such liens, any delay in the payment of such items shall not be a default hereunder; or C. Fraud or intentional misrepresentation with respect to any representation, warranties, or certifications made in the Loan Documents, or otherwise made by Maker in connection with the loan evidenced by this Note.

D. Retention by Maker of any rental income or other income arising with respect to any portion of the Site or any other collateral pledged, encumbered, or otherwise covered by the Loan Documents subsequent to the date of any notice of default from Holder to Maker, or which, under the terms of the Loan Documents, should otherwise have been paid to Holder; E. Retention by Maker of any insurance proceeds, condemnation awards, or other similar funds or payments attributable to the Site or any other collateral pledged, encumbered, or otherwise covered by the Loan Documents that, by its terms, should have been paid to Holder or used in a manner contrary to the use made by Maker; or F. Waste on the Site, or any failure to maintain, repair, or restore any portion of the Site or any other collateral pledged, encumbered, or otherwise covered by the Loan Documents in accordance with the terms.

Nothing in this section will affect or limit the rights of Holder to enforce any of Holder’s rights or remedies with respect to any portion of the Site described in the Deed of Trust or any other collateral pledged, encumbered, or otherwise covered by the Loan Documents. [Remainder of page left intentionally blank. Signatures appear on following page.]

Item 9.

A-5
IN WITNESS WHEREOF, Maker has executed this Note as of the date first written above.

MAKER:

Caoch RV LLC, a Minnesota limited liability
company,
By:

Name:

Title:

Item 9.

B-1

EXHIBIT B
RECORDING REQUESTED BY:

AND WHEN RECORDED MAIL TO:

City of Coachella
53990 Enterprise Way
Coachella, CA 92236
Attn: City Clerk
No fee required for recording pursuant to Space Above This Line For Recorder’s Use Government Code § 27383

DEED OF TRUST, ASSIGNMENT OF RENTS,

SECURITY AGREEMENT AND FIXTURE FILING
This Deed of Trust is made as of June 8, 2022, among Coach RV LLC, a Minnesota limited liability company, dba Coahcella Lakes RV Resort whose address is 2800 Niagara Lane, Plymouth, Minnesota 55447 (“Trustor”) and the CITY OF COACHELLA, a municipal corporation of the State of California, whose address is 53990 Enterprise Way, Coachella, California 92236 (“Beneficiary”). [NOTE TO CITY: Please designate a Trustee.] Trustor irrevocably grants, conveys, transfers and assigns to Trustee in trust, with power of sale and right of entry and possession, all of Trustor’s estate, right, title and interest in, to and under the following property (collectively, the “Property”): (a) the real property in the City of Coachella, County of Riverside, California, described on Exhibit A attached hereto and incorporated herein by this reference, together with all existing and future easements and rights affording access to it (the “Land”), (b) together with all buildings, structures and improvements now existing or hereafter constructed thereon (the “Improvements”), and (c) together with all articles of personal property owned by Trustor now or hereafter attached to, placed upon for an indefinite term, or used in connection with the Land and/or Improvements, together with all goods and other property that are, or at any time become, so related to the Property that an interest in them arises under real estate law, or they are otherwise adjudged to be a “fixture” under applicable law (each a “Fixture,” collectively “Fixtures”), provided, for clarity, that mobile homes and trailers shall not be deemed Fixtures.

1. Secured Obligations. Trustor makes the grant, conveyance, transfer and assignment herein for the purpose of securing the following obligations (the “Secured Obligations”):
(a) payment of the sum of up to one million dollars ($1,000,000) with interest thereon according to the terms of a promissory note (the “Note”) of even date herewith, executed by Trustor in favor of Beneficiary or order and any extension or renewals thereof; (b) payment of such further sums as the then record owner of the Property may borrow from Beneficiary, when evidenced by a promissory note or notes executed by Trustor reciting that they are secured by this Deed of Trust; (c) performance of each obligation of Trustor under that certain Fee Deferral Agreement, dated June 8, 2022, entered into between Trustor and Beneficiary (“Agreement”); and (d) performance of each agreement of Trustor

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incorporated by reference or contained herein. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Agreement.

2. Maintenance and Repair. Trustor shall (a) keep the Property in good condition and repair and not remove or demolish any building; (b) complete or restore promptly and in good and workmanlike manner any building (excluding mobile homes and trailers which are not owned by Trustor) which may be constructed, damaged or destroyed; (c) pay when due all claims for labor performed and materials furnished with respect to the Property; (d) comply with all laws affecting the Property or requiring any alterations or improvements to be made; (e) not commit or permit waste; and (f) cultivate, irrigate, fertilize, fumigate, prune and do all other acts which from the character or use of the Property may be reasonably necessary.

3. Insurance. Trustor shall maintain hazard insurance against loss by fire, hazards included with the term “extended coverage,” and any other hazards for which Beneficiary requires insurance, and liability insurance. The insurance carrier and the insurance policies and amounts of coverage shall be reasonably acceptable to Beneficiary, the policies shall name Beneficiary as a loss payee or an additional insured, as applicable, and shall require 30 days’ prior notice to Beneficiary before the policy is modified or terminated.

4. Defense of Security. Trustor shall appear in and defend any action or proceeding purporting to affect the security or the rights or powers of Beneficiary or Trustee. Trustor shall pay all reasonable costs and expenses, including costs of evidence of title and attorneys’ fees, in any such action or proceeding in which Trustee or Beneficiary may appear, and in any suit brought by Beneficiary to foreclose this Deed of Trust.

5. Payment of Taxes and Liens. Trustor shall pay (a) at least 10 days before delinquency, all taxes and assessments affecting the Property, including water stock assessments; (b) when due, all encumbrances, charges and liens, with interest, on the Property, which are or appear to be prior or superior to this Deed of Trust; and (c) upon demand all costs, fees and expenses of this Deed of Trust. If Trustor fails to make any payment or to do any act provided for in this Deed of Trust within the times periods provided and beyond any applicable cure period, then Beneficiary or Trustee may, without obligation to do so, and with notice to Trustor, and without releasing Trustor from any obligation under this Deed of Trust: (a) make or do the same in such manner and to such extent as either may deem necessary to protect the security, Beneficiary or Trustee being authorized to enter upon the Property for such purposes; (b) appear in or commence any action or proceeding purporting to affect the security, or the rights or powers of Beneficiary or Trustee; (c) pay, purchase, contest or settle any encumbrance, charge or lien which in the judgment of either appears to be senior to this Deed of Trust; and (d) in exercising any such powers, pay allowable expenses, including attorneys’ fees.

6. Notices to Limited Partners; Right to Cure. Following written request to Beneficiary by any limited partner of Trustor, Beneficiary shall deliver to such limited partner a copy of any notice or demand provided to Trustor hereunder. Any limited partner of Trustor shall have the right to cure any default within the applicable cure period described herein, whether in its own capacity or on behalf of the Trustor, and Beneficiary shall accept such

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cure as if tendered by Trustor. However, failure by Beneficiary to deliver any such notice to Trustor’s limited partner shall not be a default under this Deed of Trust.

7. Reimbursement of Costs. Trustor shall pay upon demand all reasonable sums expended by Beneficiary or Trustee provided for in this Deed of Trust or allowed by law, with interest from date of expenditure at the maximum rate provided in the Note.

8. No Waiver. By accepting payment of any sum after its due date, Beneficiary does not waive its right either to require prompt payment when due of all other sums or declare a default for failure to pay.

9. Reconveyance. That upon written request of Beneficiary (which may be requested first by Trustor) stating that all sums secured hereby have been paid, and upon surrender of this Deed of Trust and said note or notes to Trustee for cancellation and retention or other disposition as Trustee in its reasonable discretion may choose and upon payment of any Trustee fees required to be paid hereunder, Trustee shall reconvey, without warranty, the property then held hereunder. The recitals of such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in such reconveyance may be described as “the person or persons legally entitled thereto.”

10. Subordination. Beneficiary and Trustee each acknowledge and agree that this Deed of Trust is subordinate to existing financing obtained by Trustor, which such financing is evidenced in the land records. Beneficiary and Trustee further agree that this Deed of Trust shall be subordinate to any refinancing obtained by Trustor and agree to execute any reasonable instruments requested by Trustor’s lender(s) to effect such subordination.

11. Assignment of Rents. Subject to the subordination set forth at Section 10 hereof, Trustor hereby absolutely and unconditionally assigns to Beneficiary all of the rents, issues, profits, royalties, revenues, income and other benefits (collectively, the “Rents”) derived from the Property, whether now due, past due or to become due, and hereby gives to and confers upon Beneficiary, either directly or through a receiver, the right, power and authority, but not the obligation, to collect the Rents, and to sue, either in the name of Trustor or Beneficiary, for all such Rents and to apply the same to the indebtedness secured hereby in such order as Beneficiary may determine in its sole discretion. This assignment of Rents is intended to create and shall be construed to create an absolute assignment to Beneficiary of all of Trustor’s right, title and interest in the Rents, the foregoing, so long as no default exists by Trustor in the payment of any indebtedness secured hereby, or in any other covenant contained herein, or in said note or notes or in any other document evidencing or securing such indebtedness, Trustor shall have the right to collect all Rents from the Property and to retain, use and enjoy the same. Upon the occurrence of such a default, without the necessity of demand or other notice to Trustor or any other act to enforce Beneficiary’s interest pursuant to this assignment, Trustor shall have no interest whatsoever in the Rents that are received by Trustor after a default, and all such Rents shall be received and held by Trustor in constructive trust for Beneficiary and delivered promptly to Beneficiary, or to a court appointed receiver for the Property, without the necessity for further notice to, or demand upon, Trustor. Upon the occurrence of such a default and at any time thereafter during the continuance thereof, Beneficiary may, at its

Item 9.

B-4
option, send any tenant of the Property a notice to the effect that: (a) a default has occurred; (b) Beneficiary has elected to exercise its rights under this assignment; and (c) such tenant is thereby directed to thereafter make all payments of Rents to or for the benefit of Beneficiary or as Beneficiary shall direct. Any such tenant shall be entitled to rely upon any notice from Beneficiary and shall be protected with respect to any payment of Rents made pursuant to such notice, irrespective of whether a dispute exists between Trustor and Beneficiary with respect to the existence of a default or the rights of Beneficiary hereunder.

Any such tenant shall not be required to investigate or determine the validity or accuracy of such notice or the validity or enforceability of this assignment. Trustor hereby agrees to indemnify, defend and hold any such tenant harmless from and against any and all losses, claims, damages or liabilities arising from or related to any payment of Rents by such tenant made in reliance on and pursuant to such notice. Beneficiary agrees that its rights pursuant to this Section 11 are subject to the subordination set forth at Section 10 and that Beneficiary will not exercise any such rights without first coordinating with any lender whose interest has priority over this Deed of Trust.
.

12. Default and Foreclosure. Upon default by Trustor in payment or performance of any Secured Obligation, subject to any applicable cure period, Beneficiary may declare all sums secured immediately due and payable by delivery to Trustee of a declaration of default and demand for sale and of a notice of default and of a notice of sale, which notice Trustee shall cause to be filed for record. Beneficiary also shall deposit with Trustee this Deed of Trust, said note or notes and all documents evidencing expenditures secured by this Deed of Trust. Upon default of any obligation secured by this Deed of Trust and acceleration of all sums due, Beneficiary may instruct Trustee to proceed with a sale of the Property under the power of sale granted in this Deed of Trust, noticed and held in accordance with California Civil Code Sections 2924, et seq., as such statutes may be amended from time to time. Trustor waives all rights it may have to require marshaling of assets or to require sales of assets in any particular order, including any rights under California Civil Code Sections 2899 and 3455.

13. Substitution of Trustee. Beneficiary, or any successor in ownership of any indebtedness secured hereby, may from time to time, by instrument in writing, substitute a successor or successors to any Trustee named herein or acting hereunder, which instrument executed by the Beneficiary and duly acknowledged and recorded in the office of the recorder of the county or counties where the Property is situated, shall be conclusive proof of proper substitution of such successor Trustee or Trustees, who shall, without conveyance from the Trustee predecessor, succeed to all its title, estate, rights, powers and duties. Said instrument must contain the name of the original Trustor, Trustee and Beneficiary hereunder, the book and page where this Deed of Trust is recorded and the name and address of the new Trustee.

14. Successors and Assigns. This Deed of Trust applies to, inures to the benefit of, and binds all parties hereto, their heirs, legatees, devisees, administrators, executors, successors and assigns. The term “Beneficiary” shall mean the owner and holder, including pledgees, of the secured note or notes, whether or not named as Beneficiary herein.

Item 9.

B-5

15. Trustee Acceptance. Trustee accepts this trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto of pending sale under any other deed of trust or of any action or proceeding in which Trustor, Beneficiary or Trustee shall be a party unless brought by Trustee.

16. Further Assurances. Trustor shall, at its own cost and expense, do, execute, acknowledge, and deliver all and every such further acts, deeds, conveyances, mortgages, assignments, notices of assignments, transfers, and assurances as Trustee or Beneficiary shall from time to time reasonably require, for better assuring, conveying, assigning, transferring, and confirming unto Trustee the Property and rights hereby conveyed or assigned or intended now or hereafter so to be, or which Trustor may be or may hereafter become bound to convey or assign to Trustee, or for carrying out the intention or facilitating the performance of the terms of this Deed of Trust, or for filing, registering, or recording this Deed of Trust. Trustor shall, on demand, execute and deliver one or more financing statements, chattel mortgages, or comparable security instruments, if reasonably required to evidence more effectively the lien hereof. Immediately upon the execution and delivery of this Deed of Trust, and thereafter from time to time, Trustor shall cause this Deed of Trust, and any security instruments creating a lien or evidencing the lien hereof upon any personal property and each instrument of further assurance, to be filed, registered, or recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect the lien hereof upon, and the title of Trustee to, the Property encumbered hereby.

17. Condemnation and Insurance Proceeds. Immediately upon obtaining knowledge of the institution of any proceedings for the condemnation or other taking of all or any portion of the Property, or knowledge of any casualty damage to the Property, or damage in any other manner, Trustor shall immediately notify Beneficiary thereof. Subject to the subordination set forth at Section 10 hereof, Trustor hereby authorizes and empowers Beneficiary as attorney in fact for Trustor to make proof of loss, to adjust and compromise any claim under the insurance policies covering the Property, to appear in and prosecute any action arising from such insurance policies, to collect and receive insurance proceeds, and to deduct therefrom Beneficiary’s expenses incurred in the collection of such proceeds; provided, however, that nothing contained in this Section shall require Beneficiary to incur any expense or take any action hereunder. Subject to the subordination set forth at Section 10 hereof, Trustor hereby authorizes and empowers Beneficiary, at Beneficiary’s option, as attorney in fact for Trustor, to commence, appear in and prosecute, in Beneficiary’s or Trustor’s name, any action or proceeding relating to any condemnation or other taking of all or any part of the Property, whether direct or indirect, and to settle or compromise any claim in connection with such condemnation or other taking. The proceeds of any award payment or claim for damages, direct or consequential, in connection with any condemnation or other taking, whether direct or indirect, of the Property, or any part thereof, or for conveyances in lieu of the Property, or any part thereof, if not paid to a trustor with priority, shall be paid to Beneficiary. Trustor hereby authorizes Beneficiary to apply such awards, payments, proceeds or damages relating to condemnation of the Property and insurance covering the Property, after the deduction of Beneficiary’s expenses incurred in the collection of such amounts, subject to the requirements of

Item 9.

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applicable law and the provisions hereof, to restoration or repair of the Property or to payment of the sums secured by this Deed of Trust. Beneficiary shall be under no obligation to question the amount of any compensation, awards, proceeds, damages, claims, rights of action, and payments relating to condemnation or other taking of the Property or insured casualty affecting the Property, and may accept the same in the amount in which the same shall be paid. Trustor shall execute such further evidence of assignment of any awards, proceeds damages or claims arising in connection with such condemnation or taking or such insurance as Beneficiary may reasonably require. Notwithstanding the above, the Beneficiary shall release all insurance and condemnation proceeds to Trustor to be used to reconstruct the improvements on the Property provided that Beneficiary determines that such restoration, repair or rebuilding is economically feasible. If such insurance proceeds shall be insufficient for such purposes, Trustor shall make up the deficiency. If the Project (as defined in the Agreement) is subject to a partial condemnation or taking, then the proceeds received therefrom, to the extent not paid to a trustor with priority, shall be applied to restore the Project taken, provided the Beneficiary determines that such restoration is economically feasible and no default exists under the Loan Documents following the expiration of all applicable cure periods. If the Project is subject to a total condemnation, or if Beneficiary determines that restoration of the Housing Project is not feasible following a partial condemnation, or if a default exists then the proceeds from any condemnation award or claim for damages shall be used first to repay all sums under the Note, with the excess, if any, paid to Trustor.

18. Severability. If any one or more of the provisions contained in this Deed of Trust shall for any reason be held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions of this Deed of Trust, but this Deed of Trust shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein or therein, but only to the extent of such invalidity.

19. Estoppel Certificate. Trustor shall, within ten (10) days of a written request from Beneficiary, furnish Beneficiary with a written statement, duly acknowledged, setting forth the sums secured by this Deed of Trust and any right of set off, counterclaim or other defense which exists against such sums and the obligations of this Deed of Trust.

20. California Uniform Commercial Code Security Agreement; Fixture Filing. Trustor hereby grants Beneficiary a security interest in all personal property of Trustor located on the Property and wherever located and used in any way in connection with or in any way relating to the Property, and whether now owned or hereafter in existence, acquired or created (including equipment, inventory, goods, documents, instruments, general intangibles, chattel paper, accounts, accounts receivable, deposit accounts and contract rights), and all fixtures of Trustor now owned or hereafter in existence, acquired or created on, of or relating to the Property, and all substitutions, replacements, additions, accessions and proceeds (including insurance proceeds) of all of the foregoing (collectively, the “Personal Property”). Beneficiary may file this Deed of Trust, or a reproduction hereof, in the real estate records or other appropriate index, as a financing statement for the Personal Property. Any reproduction of this Deed of Trust or of any other security agreement or financing statement shall be sufficient as a financing statement. In addition, Trustor shall

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execute and deliver to Beneficiary, upon Beneficiary’s request, any financing statements, as well as extensions, renewals and amendments thereof, and reproductions of this Deed of Trust in such form as Beneficiary may require to perfect a security interest with respect to the Personal Property. Trustor shall pay all costs of filing such financing statements and any extensions, renewals, amendments and releases thereof, and shall pay all reasonable costs and expenses of any record searches for financing statements Beneficiary may reasonably require. Without the prior written consent of Beneficiary, Trustor shall not create or suffer to be created pursuant to the California Uniform Commercial Code any other security interest in the Personal Property. Upon Trustor’s breach of any covenant or agreement of Trustor contained in this Deed of Trust, including the covenants to pay when due all sums secured by this Deed of Trust, Beneficiary shall have the remedies of a secured party under the California Uniform Commercial Code and, at Beneficiary’s option, may also invoke any remedies provided in this Deed of Trust as to the Personal Property. In exercising any of such remedies, Beneficiary may proceed against the Property and any of the Personal Property separately or together and in any order whatsoever, without in any way affecting the availability of Beneficiary’s remedies under the California Uniform Commercial Code or the remedies provided in the Deed of Trust. This Deed of Trust also covers goods which are or which are to become fixtures on the Property and constitutes and is filed as a fixture filing under the California Uniform Commercial Code.

21. Due On Sale or Encumbrance. Except as set forth in the Agreement, if all or any part of the Property, or any interest therein, or any beneficial interest in Trustor (if Trustor is not a natural person or persons but is a corporation, partnership, trust, limited liability company or other legal entity), is sold, transferred, mortgaged, assigned, pledged, or further encumbered, whether directly or indirectly, whether voluntarily or involuntarily or by operational law, Beneficiary may, at Beneficiary’s option, declare all of the sums secured by this Deed of Trust to be immediately due and payable, and Beneficiary may invoke any remedies permitted by this Deed of Trust.

The undersigned Trustor requests that a copy of any Notice of Default and of any Notice of Sale hereunder be mailed to Trustor at Trustor’s address hereinbefore set forth.

TRUSTOR:

Coach RV LLC, a Minnesota limited liability
company
By:

Name:

Title:

Item 9.
80237.00803\32669769.1
C-1

EXHIBIT C

DEFERRED FEES
Total Development Impact Fees $1,770,448
Less Payments Made -$770,448
Deferral Amount $1,000,000

Item 9.
80237.00803\32669769.1

ACKNOWLEDGMENT
[INSERT NOTARY PAGE]

Item 9.

STAFF REPORT
9/14/2022
TO: Honorable Mayor and City Council Members
FROM: Nathan Statham, Finance Director
SUBJECT: Set City penalty and penalty interest rates.

STAFF RECOMMENDATION:

Approve Resolution No. 2022-82 setting a penalty and penalty interest rate for delinquent or deficient transactions that do not currently have a specified penalty and/or penalty interest rate.

BACKGROUND:

The City’s municipal code has numerous sections that stipulate a penalty and/or penalty interest should be charged at a rate set by Council through a separate resolution. There are other instances that occur administratively from time-to-time where a penalty and/or penalty interest are warranted, but there is no established standard penalty or penalty interest rate. Often this leads to the inability to adequately charge such rates.

A significant number of the City’s municipal code sections allowing for penalty and penalty interest charges do specify one or both of the rates. Additionally, many City agreements and programs separately state a penalty and penalty interest rate (often in a default provision of an agreement). This action is not intended to supersede or negate any otherwise specified penalty and/or penalty interest rate. The sole purpose of this action is to establish a penalty and penalty interest rate that can be used in instances where no other penalty and/or penalty interest rate is set.

DISCUSSION/ANALYSIS:

Penalty rates are intended to be punitive in nature. The intent being to dissuade responsible parties from intentionally failing to remit required payments to the City. The proposed penalty and penalty interest rates are based on industry standards for certain taxes. Established City tax penalty rates range from 20% (TOT) to 50% (Cannabis) for failing to timely file and pay depending on length of delinquency.

Some City ordinances have provisions for the waiving or reduction of penalties and/or interest by certain City staff or City Council. Since the proposes penalties and penalty interest rates will be applied to situations that could potentially be caused by exigent circumstances, the resolution contains a provision for the waiving or reduction of the penalties by the City Manager or other

Item 10.

City staff specifically charged within the municipal code section under which the penalty and penalty interest are being applied provided the waiver is warranted and in the best interest of the City.

FISCAL IMPACT:

This action should provide additional revenue to the City’s various funds over time.

ALTERNATIVES:

1. Approve staff’s recommendation to approve Resolution No. 2022-82 setting the City penalty rate at 15% and the penalty interest rate at 0.75% per month (9% annualized).

2. Approve Resolution No 2022-82 setting the City penalty and penalty interest rate, but stipulate different rates than recommended.

3. Do not approve a penalty and penalty interest rate limiting staff’s ability to utilize penalties to ensure timely reporting and payment.

ATTACHMENTS
Resolution 2022-82

Item 10.

Resolution No. 2022-82

RESOLUTION NO. 2022-82

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

COACHELLA, CALIFORNIA, SETTING CITY WIDE PENALTY AND

PENALTY INTEREST RATES
WHEREAS, the City requires numerous payments and reporting through various ordinances, resolutions, agreements and programs.

WHEREAS, the City has a need to ensure timely payments. The ability to charge a penalty and penalty interest is an effective mechanism to enforce required payment and reporting requirements.

WHEREAS, numerous sections of the City’s municipal code require a separate penalty and/or penalty interest rate be set by Council through separate resolution.

WHEREAS, numerous municipal code sections, separate agreements and programs do specify a penalty and/or penalty interest rate. This resolution is strictly limited to situations where there is no penalty and/or penalty interest rate otherwise set in any form.

WHEREAS, this resolution is not intended to establish or implement a penalty and/or penalty interest but rather to establish a rate. Approved rates will be applied to situations where penalty and/or penalty interest charges are separately approved by ordinances, resolutions, agreements and programs.

NOW, THEREFORE, BE IT RESOLVED, DETERMINED, AND ORDERED by the City Council of the City of Coachella, as follows:

Section 1. The City Council hereby finds and determines that the foregoing Recitals of this Resolution are true and correct and hereby incorporated into this Resolution as though fully set forth herein.

Section 2. The City penalty rate is set at 10% upon delinquency and an additional 5% when the delinquency exceeds thirty-one days beyond the due date.

Section 3. The City penalty interest rate is set at 0.75% per month (9% annualized) to be applied by the most expedient method as administratively determined with a maximum cumulative amount of 36%.

Section 4. When the penalty and penalty interest rates are determined to apply, the City Manager or designee or other City staff charged by Council to administer the item causing the penalty to apply, is authorized to reduce or waive the penalty or penalty interest charged. The reduction or waiver are permissible provided there are exigent circumstances and waiving the penalty and/or penalty interest is demonstrated and documented to be in the best interest of the City. If the ordinance, resolution, agreement or program to which this resolution is being applied requires a penalty or penalty interest and does not allow for a waiver, this section does not apply.

Item 10.

Resolution No. 2022-82

PASSED, APPROVED and ADOPTED this 14th day of September 2022. ___________________________________
Steven A. Hernandez
Mayor
ATTEST:
___________________________________
Angela M. Zepeda
City Clerk
APPROVED AS TO FORM:
___________________________________
Carlos Campos
City Attorney

Item 10.

Resolution No. 2022-82

STATE OF CALIFORNIA

COUNTY OF RIVERSIDE

CITY OF COACHELLA
)
) ss.
)
I HEREBY CERTIFY that the foregoing Resolution No. 2022-82 was duly adopted by the City Council of the City of Coachella at a regular meeting thereof, held on the 14th day of September 2022, by the following vote of Council:

AYES:

NOES:

ABSENT:

ABSTAIN:
___________________________________
Andrea J. Carranza, MMC
Deputy City Clerk

Item 10.

STAFF REPORT
9/14/2022
TO: Honorable Mayor and City Council Members
FROM: Nathan Statham, Finance Director
SUBJECT: Resolution No. 2022-84 entering into a professional service agreement for a utility manpower study with Raftelis.

STAFF RECOMMENDATION:

Approve Resolution No. 2022-84 entering into a professional service agreement for a utility manpower study with Raftelis and appropriate funding in the amount of $90,720 (proposal amount plus 20% contingency) from the water (178) and sanitary (361) funds in equal proportions.

BACKGROUND:

During labor negotiations for 2022-2023, the City agreed in memorandums of understanding with the City’s Sanitary Employees & Miscellaneous Employees and Confidential Mid-Management Employees bargaining units to perform a manpower study for water and sanitary utility operations.

The City published a request for proposal (RFP) on July 6, 2022 with a proposal deadline of August 11, 2022. Only one proposal was received from Raftelis with a proposed cost of $75,600.

DISCUSSION/ANALYSIS:

Operations employees in the water and sanitary utility department have had ongoing concerns that certain areas of utility operations are understaffed. The Manpower study was proposed to address this concern. City Management recognizes the potential that there are operational processes that are understaffed or are not being performed due to staffing constraints. The purpose of this study is to analyze the process and task needs of the utilities and then determine appropriate staffing levels based on industry comparisons and other process measurement techniques. Under the terms of the respective MOUs, this study will be utilized in performing a subsequent compensation study for utility operations personnel.

The proposal received from Raftelis addresses the City’s needs as laid out in the RFP. The RFP was evaluated by a four member review team consisting of the finance director, utility manager, water superintendent and sanitation superintendent. The review team did have concerns about awarding a contract with only one respondent. However, the review team was able to determine the proposed cost is reasonable based on anticipated consulting hours and was able to determined that the proposal met all the requirements of the RFP. Given that the study is behind the deadline

Item 11.
agreed to in the MOU and that the proposal from Raftelis is complete and reasonable, the review team recommended approval and award of the agreement to Raftelis.

FISCAL IMPACT:

With this action Council appropriates up to $90,720 from the water (178) and sanitary (361) funds in equal proportions.

ALTERNATIVES:

1. Approve Resolution No. 2022-84 awarding a utility manpower study to Raftelis as staff recommends.

2. Direct staff to meet and confer with the City’s labor unions and employee representatives to extend the MOU contract deadline.

ATTACHMENTS
Resolution 2022-84
Proposal from Raftelis for a utility manpower study

Item 11.

RESOLUTION NO. 2022-84

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

COACHELLA, CALIFORNIA, AUTHORIZING THE CITY MANAGER

TO ENTER INTO A PROFESSIONAL SERVICES AGREEMENT WITH

RAFTELIS TO PREPARE A UTILITY OPERATIONS MANPOWER
STUDY
WHEREAS, the City agreed in memorandums of understanding with the City’s Sanitary Employees & Miscellaneous Employees and Confidential Mid-Management Employees bargaining units to perform a manpower study for water and sanitary utility operations.

WHEREAS, the City published a request for proposal (RFP) on July 6, 2022 with a proposal deadline of August 11, 2022.

WHEREAS, only one proposal was received from Raftelis with a proposed cost of $75,600.

NOW, THEREFORE, BE IT RESOLVED, DETERMINED, AND ORDERED by the City Council of the City of Coachella, as follows:

Section 1. The City Council hereby finds and determines that the foregoing Recitals of this Resolution are true and correct and hereby incorporated into this Resolution as though fully set forth herein.

Section 2. The City Manager is authorized to enter into a contract with Raftelis to complete the agreed to manpower study. The total study cost is not to exceed $90,720 (proposal price plus contingency for additional analysis).

PASSED, APPROVED and ADOPTED this 14th day of September 2022. ___________________________________
Steven A. Hernandez
Mayor
ATTEST:
___________________________________
Angela M. Zepeda
City Clerk

Item 11.

Resolution No. 2022-84

APPROVED AS TO FORM:
___________________________________
Carlos Campos
City Attorney

Item 11.

Resolution No. 2022-84

STATE OF CALIFORNIA

COUNTY OF RIVERSIDE

CITY OF COACHELLA
)
) ss.
)
I HEREBY CERTIFY that the foregoing Resolution No. 2022-84 was duly adopted by the City Council of the City of Coachella at a regular meeting thereof, held on the 14 th day of
September 2022, by the following vote of Council:

AYES:

NOES:

ABSENT:

ABSTAIN:
___________________________________
Andrea J. Carranza, MMC
Deputy City Clerk

Item 11.

City of Coachella
Utility Operations Manpower Study
PROPOSAL / AUGUST 11, 2022

Item 11.

Table of
Contents
01 Transmittal Cover Letter
02 Executive Summary
03 Personnel
18 Understanding of Project
25 References
33 List of Representative Projects
36 Disclosure of Claims/Lawsuits
37 Cost Proposal
37 No Deviations from the RFP
Photo on cover courtesy of Bureau of Land Management (Flickr) Diversity and
inclusion are an
integral part of
Raftelis’ core
values.

We are committed to doing our part
to fight prejudice, racism, and
discrimination by becoming more
informed, disengaging with business
partners that do not share this
commitment, and encouraging our
employees to use their skills to work
toward a more just society that has
no barriers to opportunity.

Making our
world better.

The Raftelis Charitable Gift Fund
allocates profits, encourages employee
contributions, and recognizes time to
charitable organizations that support:

1. Access to clean water and
conservation

2. Affordability

3. Science, technology, and
leadership
Raftelis is investing in improved
telecommunication technologies to
reduce the firm’s number one source of
carbon emissions—travel.

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RAFTELIS 1
445 S. Figueroa Street, Suite 1925, Los Angeles, CA 90071 www.raftelis.com
August 11, 2022
Mr. Nathan Statham
Finance Director
City of Coachella
53-990 Enterprise Way
Coachella, CA 92236
Subject: Proposal for Utility Operations Manpower Study Dear Mr. Statham:

We know your community expects high levels of service, value, and efficiency from its utilities. Helping public utilities and local governments maximize resources to meet expectations is what we do at Raftelis Financial Consultants, Inc. (DBA Raftelis). We have the nation’s largest and most experienced consulting practices focused on public utility and local government management, operations, and financial consulting. We provide exceptional services to assist public organizations to meet performance objectives. We believe Raftelis will be a great match for your needs.

Raftelis has served as a trusted advisor to more than 1,200 public utilities across the U.S. and several hundred in California. We have a thorough understanding of water, wastewater, reclaimed water, and electric utility operations, as well as organizational improvement methods required to help achieve operational and strategic objectives. Our project framework encourages collaboration, culture building, and continuous improvement.

Our core project team has extensive experience performing organizational, operational, and financial assessments as consultants, and also as employees of public organizations. I will serve as Project Director and am a former utility General Manager and elected board member of a regional public water and wastewater utility, who has over 25 years of experience regulating, leading, and consulting with utilities. I have served as a co-author and editor of the American Water Works Association (AWWA) Manual M5, Water Utility Management. I am also vice chair of the AWWA Benchmarking Advisory Committee and Chair Emeritus of the AWWA Strategic Management Practices Committee. I have worked together with our Project Manager, Rebekka Hosken, a seasoned local government finance and management expert, on multiple utility projects just like this one in Southern California.

We bring significant strengths that will contribute to meeting the desired staffing, organizational, and operations goals of the City of Coachella. The City will have the support of our full staff of 143 consultants and 22 support staff. If you have any questions, please do not hesitate to contact Seth Garrison by phone at (207) 303-0138 or by email at [email protected].

Sincerely,
Seth W. Garrison
Project Director

TRANSMITTAL COVER LETTER

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RAFTELIS 2
Executive Summary
The City of Coachella is seeking a partner to perform an objective analysis of processes and staffing levels for its water and wastewater utilities. The goal is to establish the personnel needs of the utilities in an equitable, competitive, and legally defensible manner.

Our proposed process for performing an organization and workforce study for the public utilities serving the City of Coachella (City) is thoughtful, straightforward, and proven. We have used it many times for similar projects in Southern California and across the U.S., including recently for the water and wastewater utilities in the cities of Oceanside, San Diego, and Corona and those serving Bullhead City and Lake Havasu in Arizona. The foundation of the approach is built on Raftelis’ Engage-Assess-Compare-Enhance methodology, which has been used successfully with numerous utilities.

We interview utility managers and supervisors, as well as a cross-section of staff from across the organization, carefully analyze data and documentation, compare operations with those in other agencies, and review business processes to identify potential inefficiencies, so we can provide defensible staffing and process recommendations. In addition, we will help with phasing and implementing our recommendations, considering your unique operating environment.

We don’t just talk to managers and supervisors. We also visit facilities, observe activities, and talk with operators, maintenance technicians, engineers, and more so we fully understand activities. We spend time with billing and finance personnel to review the “meter to cash” cycle, which is critical to ensuring revenue capture and stability, as well as customer satisfaction. We will also review the use of Computerized Maintenance Management System (CMMS), SCADA, asset management, GIS, LMS, and other technologies. We will identify how the groups interact with each other and with other City departments to ensure smooth workflows and efficient use of resources. We will consider projections, planned changes, and initiatives to determine their impact on staffing and operations.

We have assembled a team of true public sector and utility experts. Your Project Director, Seth Garrison, has assisted hundreds of utilities throughout the U.S. and internationally. He is considered a national expert on performance management for water and wastewater utilities. The Project Manager, Rebekka Hosken, has worked in California cities and as a consultant for over 20 years and has direct experience in public works, finance, and city administration. They are supported by a team of skilled consultants, all of whom have advanced degrees and “hand-on” experience with utilities and local government operations. Our team is proven and has worked together on numerous assignments in the last three years remarkably similar to this one. This is what we do! We are confident Raftelis is the right choice for this engagement, and we welcome the opportunity to serve as a trusted advisor to the City of Coachella.

EXECUTIVE SUMMARY

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RAFTELIS 3
Who We Are

RAFTELIS HELPS UTILITIES AND LOCAL GOVERNMENTS THRIVE
Utility and local government leaders partner with Raftelis to transform their organizations by enhancing performance, planning for the future, identifying top talent, improving their financial condition, and telling their story. We’ve helped more than 600 organizations in the last year alone, including utilities serving 38 of the 50 largest metro areas in the U.S. We provide trusted advice, because our experts include former municipal and utility leaders with decades of experience running successful organizations.

People who lead local governments and utilities are innovators—constantly seeking ways to provide better service to the communities that rely on them. Raftelis provides management consulting expertise and insights that help bring about the change that our clients seek. + VISIT RAFTELIS.COM TO LEARN MORE

PERSONNEL

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RAFTELIS 4
We believe that Raftelis is the right fit for
this project. We provide several key
factors that will benefit the City and help
to make this project a success.

DEPTH OF RESOURCES
With nearly 130 consultants, Raftelis has the largest dedicated water, wastewater, and stormwater utility organizational, financial, and technology consulting practice in the nation. Our depth of resources will allow us to staff this project with the personnel necessary to meet objectives efficiently and expeditiously.

FOCUS
Raftelis is focused on providing management and financial services to water, wastewater, and stormwater utilities. This focus allows us to cultivate unique knowledge and skills that are extremely specialized to the services that we offer. We’re not engineers dabbling in utility management like many design and engineering firms. Our focus is on helping utilities across the nation perform at their best. Our insightful, independent, and objective perspective will allow us to provide the City with the best possible outcomes.

HANDS-ON UTILITY MANAGEMENT EXPERTISE
A unique differentiator of our team is that we offer the City the opportunity to directly access best practice experts. Our team has worked with hundreds of utilities using engaging, collaborative processes that often involve group facilitation. Our team members have also managed utility organizations. In other words, “they’ve walked in your shoes.”

UNPARALLELED EXPERIENCE
Raftelis staff have assisted numerous utilities throughout the U.S. and abroad with management and financial consulting services. Our extensive regional and national experience will allow us to provide innovative and insightful recommendations and will provide validation for our proposed methodology, ensuring that industry best practices are incorporated.

INDUSTRY LEADERSHIP
Our senior staff is involved in shaping industry standards by chairing various committees within the prominent industry associations. Raftelis’ staff members have also contributed to many industry standard books regarding utility management, operations, and finance. Being so actively involved in the industry will allow us to keep the City informed of emerging trends and issues and will give the City the confidence that our recommendations are insightful and founded on sound industry principles.

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RAFTELIS 5
Raftelis staff shape industry standards
for water and wastewater utility finance
and management through our active
leadership in AMWA, AWWA, WEF,
NACWA, and EPA. Leadership positions
for these organizations include:

AWWA
• Past President
• Asset Management Committee - 2 members
• Benchmarking Committee - Vice Chair
• Finance, Accounting, and Management Controls
Committee - 4 members
• Rates and Charges Committee - 6 members
• Strategic Management Practices Committee – Chair & 3
Past Chairs
• Public Affairs Council - 2 member
WEF
• Finance and Administration Subcommittee - Chair
• Government Affairs Committee - 1 member
• Technical Practices Committee - 1 member
• Utility Management Committee - 7 members
• WEFTEC Conference Planning Committee - 1 member
EPA
• Environment Financial Advisory Board - 1 member
Leading
the industry
Raftelis staff have co-authored many of
the industry’s leading guidebooks
regarding water and wastewater financial
and management issues, including:
• Manual M5, Water Utility Management (AWWA)
• AWWA Utility Benchmarking: Performance
Management for Water and Wastewater
• The Effective Water Professional (WEF)
• Affordability of Wastewater Service (WEF)
• Manual of Practice No. 27, Financing and Charges for
Wastewater Systems (WEF)
• Manual M1, Principles of Water Rates, Fees and
Charges (AWWA)
• Water and Wastewater Finance and Pricing: The
Changing Landscape
• Water and Wastewater Rate Survey (conducted and
published in collaboration with AWWA)
• INSIGHT database and survey (conducted in
collaboration with AMWA)
• Water Rates, Fees, and the Legal Environment (AWWA)
We wrote
the book

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RAFTELIS 6
Personnel

WE HAVE DEVELOPED A TEAM OF CONSULTANTS WHO SPECIALIZE

IN THE SPECIFIC ELEMENTS THAT WILL BE CRITICAL TO THE
SUCCESS OF THE PROJECT.

Our project team is made up of senior-level consultants with direct utility and local government experience. We place a high priority on being responsive to our clients and, as we determine scope and staffing for each project, we carefully consider our workload and the availability of resources to meet client needs and project schedules.

If selected for this project, we will conduct a scoping meeting with City staff and our project team to discuss the work plan to ensure we agree on how best to achieve the City’s goals and objectives. This meeting will include a discussion of our proposed schedule and timing requirements for meetings, milestones, and deliverables, so that our teams have a full understanding of what to expect on the project. Throughout the project, we will provide the City with frequent updates so that you are constantly aware of the status of the project and our progress towards meeting milestones and deadlines.

An organizational chart of our project team is as follows, and resumes for each team member are on the following pages.

No subconsultants are proposed for this work; all team members are Raftelis employees. The availability of each member is noted.

CITY OF

COACHELLA

PROJECT DIRECTOR
Seth Garrison (50%)

STAFF CONSULTANTS
Brian Kirsch, PhD (40%)
Ben Kittelson (40%)
Colin Stifler (60%)

PROJECT MANAGER
Rebekka Hosken (50%)

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RAFTELIS 7
Seth Garrison

PROJECT DIRECTOR
Senior Manager
ROLE
Seth will be responsible for overall project accountability and will be available to provide quality assurance and control, industry perspective, and insights into the project.

PROFILE
Seth has over 25 years of experience leading, providing consulting to, and regulating utilities and public agencies of all sizes, both public and private, domestically and internationally. He combines over 15 years of hands-on experience as the former General Manager/Executive Director of a regional utility and as an elected board member of two water and wastewater utilities, with an additional overlapping 15 years of consulting experience advising several of the largest and best-known utilities in the U.S., the U.S.

Agency for International Development (USAID), and several foreign governments on management strategy, organizational development, and operations and maintenance practices. Seth has extensive knowledge of performance management techniques, advanced operations and maintenance practices, and change management frameworks.

Seth has a history of seeking challenging assignments where he can apply his extensive public sector experience and multi-disciplinary education in management, economics, and engineering to complex problems. He began his career as a regulator, leading
implementation of the complex and enormously expensive Surface Water Treatment Rule as part of the Safe Drinking Water Act amendment of 1986. He became the General Manager/Executive Director of a failing utility that was teetering on the edge of financial insolvency at the age of 24. He turned the utility into an awardwinning organization. Seth has worked internationally, helping the governments of Afghanistan, Jordan, Guam, and Mozambique implement management practices and environmental policy at the national level, while simultaneously assisting development agencies with the implementation of more than $500 million in infrastructure and programmatic spending. In addition, he has assisted wellknown utilities like Pittsburgh Water and Sewer Authority, Metro Water Services (Nashville), Boston Water and Sewer Commission, New York City DEP, Denver Water, Philadelphia Water, North Texas Municipal Water District, and PRASA (Puerto Rico) solve complex management and infrastructure strategic challenges.

Specialties
• Utility and asset management
• Performance management (measurement,
benchmarking, dashboarding, etc.)
• Operational efficiency and effectiveness
• Organizational and operations assessments
• Capital planning and budgeting
• Organizational capacity building
• Utility governance
Professional History
• Raftelis: Senior Manager (2016-present)
- Portland Water District: Board of Trustees -
Administration & Finance Committee Chair (2014-
present)
- Scarborough Sanitary District: Board of Trustees
(2013-2016)
• Woodard & Curran, Inc.: Vice President - Utility
Management Practice Leader (2012-2016)
• CDM Smith, Inc.: Senior Management Consultant
(2004-2012)
• Bath Water District: General Manger (1995-2004)
• State of Maine: Drinking Water Program: Surface
Water Treatment Rule Coordinator (1993-1995)
Education
• M.A. in Public Policy & Management - University of
Maine (2010)
- Masters Cert. in Performance Management -
University of Maine (2009)
- Masters Cert. in Non-Profit (Public Sector)
Management - University of Maine (2008)
• B.S. in Environmental Engineering (Minor
Economics) - Rensselaer Polytechnic Institute (1993)
Certifications
• Certified Lean Six Sigma Master Black Belt
• BAMI-I (CTAM) Certification in Infrastructure Asset
Management (Indiana University)
• Class IV Water System Operator (lapsed)
• Conflict Resolution Program - Harvard Business
School
Professional Memberships
• AWWA: Past Chair of Strategic Management
Practices Committee & Vice Chair of the
Benchmarking Advisory Committee
• WEF: Utility Management Committee
• New England Water Environment Association: Utility
Management Committee
• New England Water Works Association
• Maine Water Utilities Association: Past Board of
Directors Member

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RAFTELIS 8
Seth is the recent past Chair of the AWWA’s Strategic Management Practices Committee, which is responsible for the M5 Utility Management Manual − the industry guide for utility management practices. He participates bi-annually on producing AWWA’s Benchmarking Performance Indicators for Water and Wastewater as the Vice Chair of the Benchmarking Advisory Committee. He has helped edit and co-author additional industry publications and guidance documents including AWWA M29 Water Utility Capital Financing, Fourth Edition and M82 Utility Innovation.

KEY PROJECT EXPERIENCE
City of Corona – Department of Water and Power (CA)
The City of Corona (Corona) is a community of 172,000 that lies on the northeastern edge of the Santa Ana Mountains about 70 miles southeast of Los Angeles. Wedged between affluent areas of Orange County and more rural areas to the west, the city and its Department of Water and Power (DWP) must find the right equilibrium between the levels of service provided and affordability. Traditionally, there has been an uneasy balance between customers wanting leaner service offerings at a lower cost and a similar-sized group of customers wanting more services at a moderate additional cost. A recent rate increase after a seven-year pause was the catalyst to reignite the debate over service levels and costs. In response, the DWP hired Seth (Project Director) and Raftelis to perform a comprehensive independent audit of the services and the associated value customers receive.

The audit reviewed all the major aspects of how the DWP operates from its organization and management through its business processes, relationships with other departments, and operations. Using Raftelis’ tested Engage-Assess-CompareEnhance methodology, the DWP learned how it compares with similar entities using a series of benchmarks, as well as national utility data. Raftelis looked beyond the numbers at business processes and practices to see how DWP aligns with industry best practices. Raftelis layered its analysis with Lean techniques to review the efficiency and effectiveness of practices, and an assessment of technologies such as the city’s ERP, departmental Computerized Maintenance Management System (CMMS), and other major platforms. The results of the audit showed the DWP how much value it provides compared to other utilities and where it can provide more value.

Because the DWP provides water, water reclamation, reclaimed water (wastewater), and electricity services, under the larger city government umbrella, there are multiple opportunities for additional resources sharing and efficiency gains.

Raftelis identified changes in procurement practices, for example, to better utilize the already lean number of staff in the department. Changes associated with leasing payments between the enterprise funds of the DWP utilities and the city’s general fund are also being explored, in addition to a variety of specific workflow changes and the addition of business analysis and project management resources to support DWP strategic efforts.

Southern California Edison – Catalina Operations (CA)
Since 1962, Southern California Edison (SCE) has owned and operated the water system on Santa Catalina Island, which serves approximately 2,000 accounts associated with over 4,000 full-time residents and over one million annual visitors.

Catalina is situated roughly twenty-nine miles southwest of the port of Long Beach and. The only incorporated city on the island, the City of Avalon, accounts for roughly 4% of Catalina’s land area, 91% of its population, and over 80% of its water use. Approximately 88% of the island is protected by the conservancy, a nonprofit organization whose mission is to preserve the island’s natural resources, provide education and offer recreation. Catalina is completely isolated from mainland water sources and relies upon local groundwater wells which produces approximately 75% of the potable water and using two desalination plants producing the remaining 25% to meet customer water demands. In the event of emergencies or drought, potable water must be shipped to the island via barge.

SCE hired Seth (Project Director) and the team from Raftelis to perform a comprehensive organization and operations assessment of the Catalina operations as part of a multiphase planning effort. The project included a review of major operations practices, encompassing asset management strategies, staffing, organization, and management of the utility.

Raftelis found that island staff struggled with many resource and logistics issues associated with the unique conditions on

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RAFTELIS 9
the island. Many assets were in poor condition. Raftelis recommended several changes including enhancing the use of the SAP Computerized Maintenance Management System (CMMS), adopting SCADA, and providing additional equipment and training for operations personnel before considering additional staff. Raftelis also recommended that the Catalina operations have a “champion” to represent their interests to the larger SCE organization; currently there are several SCE groups that have various interests in the operation.

Montecito Water District (CA)
The Montecito Water District (District) engaged Seth (Project Director) and Raftelis to perform a market compensation analysis for its full-time positions. Raftelis obtained current and relevant salary structure and selected pay information from published surveys representing peer California utilities, national water-sector utility data, and other employers in the relevant market areas for this analysis. The data is supplemented with additional information to reflect general economic trends related to compensation levels. The objectives of the analysis were to provide the District with information and recommendations to assist in ensuring the District’s ability to attract and retain qualified staff and to ensure staff are compensated fairly, in a manner commensurate with their job duties and responsibilities.

Based on industry, national, regional, and peer utility comparisons, Raftelis noted that the cost of living in Santa Barbara County is roughly equal to median levels across California, but the cost of living in Montecito, mainly driven by housing prices, is significantly higher than those in most other areas of Santa Barbara County and California. District salaries appear to be broadly in line with surveyed peers and the 2019 American Water Works Association (AWWA) salary survey, based on the cost of living in Santa Barbara County, which includes both higher and lower cost areas. A couple of positions appear undercompensated as compared to similar positions at other utilities, though there are very limited peer comparisons. Raftelis recommended that the District review its job descriptions and/or compensation for certain positions.

Sacramento Region Water Utility Collaboration/Consolidation Study (CA) Water resources are becoming harder to obtain and more complex to allocate, regulations are more burdensome, and budgets are increasingly tight in many areas of the U.S., particularly in California. In this environment, there simply are not enough resources to meet every need if utilities adhere to the same old ways of doing business. Innovation and improvement are critical. The Sacramento Region Water Utility Collaboration/Consolidation Study led by Seth and Raftelis is providing an opportunity for collaboration to help address many of these issues. Seven participating water agencies in the Sacramento Region are seeking to build successful collaborative efforts to benefit all agencies and their customers. The agencies include Sacramento Suburban Water District, San Juan Water District, Carmichael Water District, Citrus Heights Water District, City of Folsom, Del Paso Manor Water District, and Rio Linda/Elverta Community Water District.

The study identified and nurtured mutually beneficial opportunities that is leading to cost savings for customers, providing economies of scale, beneficial integration of resources, improved services, and more efficient use of staff, equipment, and capital resources. Sacramento Suburban Water District and San Juan Water District, two of the participating entities, have already identified opportunities to improve collaboration and potentially merge operations into one consolidated district as part of past studies. Seth (Project Manager) and Raftelis are worked closely with the participating agencies to through the following activities:
• Benchmarking and programs comparisons across entities • Identifying and studying collaboration opportunities
• Building financial models to evaluate different delivery approaches and financial implications, including potential rate impacts
• Reviewing legislation, policies, and standard operating procedures (SOP) facilitate better resource sharing across entities
• Stakeholder engagement and communication

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RAFTELIS 10
The project has produced a detailed assessment of seven areas where the participating agencies could potentially achieve benefits through additional collaboration. They include paving services, distribution system Preventative Maintenance (PM) activities, Human Resources (HR), on-call/emergency services (after normal business hours), water resources, leak detection and water conservation programs.

Fort Collins (CO)
The City of Fort Collins (City) contracted Raftelis and our predecessor TNCG, to assess the organizational structure of Utility Services and recommend an appropriate structure for the current operating environment. The project effort included staff and stakeholder interviews, peer agency benchmark research, and a survey of Utility Services staff members. This information was used to better understand Utility Services’ operating requirements and service demands as well as the changing and competitive service environment in which it now works. The report builds on this information to understand the current organizational structure and reporting relationships of Utility Services in order to consider alternative organizational approaches to meet their unique local demands.

The report concludes with a phased approach to reach a recommended organizational structure that will better support both the Department’s and the City’s needs for appropriate management support and organizational sustainability. The report also includes a high-level organizational structure to identify recommended actions necessary beyond Utility Services to support effective management of the utility and the City organization. The actions supporting the reorganization of Utility Services and the associated reporting changes for senior City executive leadership constitute a series of “building blocks” to move the organization forward.

Anchorage Water and Wastewater Utility (AK)
Seth has worked on several projects over the years with Anchorage Water and Wastewater Utility (AWWU). These efforts have included a comprehensive organizational study as well as asset management projects. The organizational and operations assessment included a detailed look at how the utility operates, considering staffing, work processes and potential partial consolidation with other municipal department such as solid waste. This work included interviews with senior staff, as well as managers and supervisors through the organization. Benchmarking and business process work was done to highlight areas for improvement. The project produced a revised organizational design and decision-making process to help meet desired levels of service affordably.

In partnership with CDM Smith, he performed a comprehensive assessment of all the assets at two major AWWU facilities, the Ships Creek Water Treatment Facility and Asplund Wastewater Treatment Facility, to determine asset renewal priorities and implementation strategies for advanced risk-based Asset Management practices. These elements were incorporated into an overall facilities master plan. The project identified maintenance strategies, data collection methods, new approaches, and capital prioritization techniques to ensure sustainability at the lowest lifecycle cost.

Implementing risk-based Asset Management practices was especially important for AWWU given the additional challenges of a harsh climate, the relative remoteness of the facilities, and the seismic hazards in the region.

Pittsburgh Water and Sewer Authority (PA)
Threatened with privatization and challenged by Lead and Copper Rule exceedances and high-profile infrastructure failures, Pittsburgh Water and Sewer Authority (PWSA) was labeled a “failing utility” by many. Thanks to strong leadership and the help of Seth and the team from Raftelis, things have turned around. Raftelis provided assistance with both the financial and the organizational aspects of PWSA. Raftelis was instrumental in helping PWSA enact a series of rate adjustments totaling 51% over 3 years to provide the necessary revenue to hire additional staff and begin fixing a decades-long backlog of infrastructure needs. Seth, who worked side-by-side with PWSA leadership, helped address major organizational challenges. Seth and the Raftelis team provided an aggressive Compliance and Organizational Plan that convinced business leaders and community officials that PWSA had a framework for success. They then helped

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RAFTELIS 11
PWSA implement elements of the plan including creation of a new PWSA Performance Improvement office, aligned PWSA practice with Pennsylvania Public Utility Commission requirements, and fixed a series of onerous legacy rules about hiring, resource sharing and metering that limited performance. PWSA is now on a path to success and is rapidly gaining the confidence of its customers.

City of College Station (TX)
The City of College Station - Water Services Department (Department) provides water and wastewater services to the growing City, home to Texas A&M University. The Department provides approximately 79,000 retail accounts with an average of 11.4 million gallons per day (MGD) of safe and affordable drinking water and treats an average of 7.7 MGD of wastewater. The Department relies on treated drinking water from groundwater wells and treats its wastewater at two treatment plants. It operates and maintains extensive drinking water distribution facilities and pipelines, as well as wastewater conveyance systems that includes pump stations, gravity pipelines, and forcemains. The Department requested that Seth and Raftelis conduct a benchmarking study to compare its operating characteristics to other similar utilities in eastern Texas and to national survey data in conjunction with a rate study.

Raftelis used data from the AWWA Utility Benchmarking (2019): Performance Management for Water and Wastewater, and peer data from several utility organizations similar to College Station. College Station’s benchmarking metrics appeared favorable in most categories suggesting that College Station has achieved greater efficiencies in many areas than most peers and a national sample of utilities. Two metrics warranted further discussion: the capital renewal rate and the wastewater pipe inspection rate.

Monterrey Peninsula Water Management District (CA)
Raftelis completed a utility valuation, operations, and cost of service evaluation for the Monterey Peninsula Water Management District (District) to support the District’s evaluation of the feasibility of securing and maintaining ownership of an investor-owned water utility that provides potable water services within the District’s territory. This phase of the work included completing a preliminary valuation assessment and operations assessment, along with a cost of service evaluation analysis to support the District in its feasibility evaluation. The assessment considered three methods of valuation: the income, market, and cost approaches. The cost of service evaluation consisted of preparing a 20-year financial projection of the investor-owned utility continuing to own and operate the system and analyzing the incremental cost differences associated with District ownership, preparing a cash flow projection of several District ownership scenarios, and estimating customer bill impacts under each of the scenarios. The operations assessment determined appropriate staffing and operational costs under multiple models.

Some of Seth’s many other U.S. clients have included:
• Fairfax Water (VA)
• Pinellas County (FL) Utilities
• City of Cedar Park (TX)
• City of Johnson City (TN)
• North Texas Municipal Water District (TX)
• Puerto Rico Aqueduct and Sewer Authority (Puerto Rico) • San Gabriel Valley Water Company (CA)
• Polk County Utilities Department (FL)
• City of Lake Havasu (AZ)
• Orange County Utilities (FL)
• City of Portland (ME)
• Denver Wastewater Management Department (CO)
• City of Charleston (SC)

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KEY PRESENTATIONS AND PUBLICATIONS
• “How Are You Handling the People Component of Performance Improvement?” presented at the AWWA/WEF Utility Management Conference, February 2018 in Austin, TX. • “Growing Along Successfully: Benchmarking Performance at the Rapidly Growing North Texas Municipal Water District” presented with Thomas W. Kula, Executive Director, and Brian Brooks, Process Improvement Advisor, NTMWD at the AWWA/WEF Utility Management Conference, February 2018 in Austin, TX. • “Employing an Organizational Profiling Tool to Understand Your Organization” presented with Toby Fedder, Woodard & Curran, at the AWWA Annual Conference & Exhibition, June 2016 in Chicago, IL. • “Making Real Progress in Organizational Improvement: Moving from a Study to Results” presented with M.

Lowenstine, Polk County Utilities, at the AWWA Annual Conference & Exhibition, June 2015 in Anaheim, CA. • “Utilities Improve Performance Using Private Business Techniques” presented with Brian Pena, City of Lawrence Water and Sewer Commissioner, at the AWWA Annual Conference & Exhibition, June 2015 in Anaheim, CA, the AWWA/WEF Utility Management Conference, February 2015, and at the NEWEA Annual Conference, January 2015.
• “Asset Management for Sanitary Sewer Systems - Beyond CMOM and Asset Management,” APWA Congress, 2014 • “Establishing Levels of Service for Your Utility,” GAWP Conference, 2014 • “Effective Asset Management Can Save You Money” NHPWA Annual Meeting, 2014 • “Effective Asset Management Can Save You Money” Connecticut Operator Forum, 2013-2014 • “Effective Asset Management Can Save You Money” Maine Wastewater Control Association Annual Meeting, 2013 • “Creating Change Starts with an Organizational Assessment: A Field-Tested Approach,” NEWEA Annual Conference, 2014
• “Paying for CSO Mitigation and Aging Infrastructure: Are Stormwater Fees the Answer?” AWWA/WEF UMC, 2013
• “Cobb County-Marietta Water Authority (CCMWA) Building on Past Successes to Streamline Operations and Optimize Asset Management,” AWWA ACE, 2013
• “Cobb County-Marietta Water Authority (CCMWA) Building on Past Successes to Streamline Operations and Optimize Asset Management,” NEWEA Annual Conference, 2013 • “Are We Doing a Good Job? Assessing How Cobb County-Marietta Water Authority (CCMWA) Manages their Assets,” NYWEA Annual Conference, 2013
• “Effective Asset Management Can Save You Money” Maine Municipal Association Annual Managers Retreat, 2012 • “Effective Asset Management Can Save You Money” Maine Town & County Manager’s Association Annual Conference, 2012

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RAFTELIS 13
Rebekka G. Hosken

PROJECT MANAGER
Manager
ROLE
Rebekka will serve as the City’s main point of contact for the project and will manage the day-to-day aspects of the project ensuring it is within budget, on schedule, and effectively meets the City’s objectives. She will lead the consulting staff in conducting analyses and preparing deliverables for the project.

PROFILE
Rebekka joined Raftelis in 2020 with 16 years of direct service to local governments and 10 years of management consulting experience. As an experienced consultant, Rebekka has led organizational assessments for a broad range of operating departments and offices in cities, counties, universities, and special districts, including public works, community development, police, administration, and city attorney departments. With direct operational experience in municipal administration, public works, and finance departments, Rebekka’s breadth of knowledge makes her skillful in quickly identifying organizational strengths and opportunities, analyzing operations through creation of process maps and workflows, preparing actionable recommendations for improvement, and communicating findings to a wide variety of audiences.

She has consulted for over 100 clients, including Boston, Massachusetts; Daly City, California; Surprise, Arizona; Shoreline, Washington; North Las Vegas, Nevada; San Diego, California; and Long Beach, California.

Rebekka served as finance director for the City of La Cañada Flintridge, California, a contract city north of Los Angeles. She prepared the annual budget and financial audit, as well as managed daily accounts payable, accounts receivable, payroll, and financial planning functions. During her tenure, she identified and successfully obtained a State loan for the financing of the City’s new city hall and played a key leadership role in successfully moving all operations and staff, as well as communicating all financial impacts of the project to management and City Council.

Previously, Rebekka was the budget officer for the City of Simi Valley, California, a full-service community in the Los Angeles region. She prepared the City’s $196 million annual budget and $160 million capital improvement program, as well as the City’s cost allocation plan. She managed the budget and capital projects module training and setup for a comprehensive citywide enterprise resource planning (ERP) system implementation across nine operating departments.

Rebekka earned a master’s degree in Business Administration with a Certificate in Local Government and Non-Profit Management from Boston University, and a Bachelor of Arts from the University of Michigan – Ann Arbor. She has published articles in Public Management magazine and served as a trainer in sessions at International City/County Management Association (ICMA) conferences.

Specialties
• Organizational assessment
• Budgeting and financial analysis
• Business process improvement
• Strategic planning
• Staffing analysis
Professional History
• Raftelis: Manager (2020-present)
• City of La Cañada Flintridge,
California; Finance Director (2017-
2020)
• City of Simi Valley, California;
Budget Officer (2012-2017)
• City of Burbank, California; Senior
Management Analyst (2010-2012)
• Management Partners; Senior
Consultant (1999-2010)
• Village of La Grange Park, Illinois;
Assistant Village Manager (1996-
1999)
• City of Appleton, Wisconsin;
Assistant to the Mayor (1994-1996)
• Town of Lexington, Massachusetts;
Management Intern (1992-1993)
Education
• Master of Business Administration –
Boston University (1993)
• Certificate in Local Government and
Non-Profit Management – Boston
University (1993)
• Bachelor of Arts in Russian Studies
– University of Michigan (1989)
Professional Memberships
• Government Finance Officers
Association
• California Society of Municipal
Finance Officers

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RAFTELIS 14
Brian Kirsch PhD

STAFF CONSULTANT
Senior Consultant
ROLE
Brian will work at the direction of Rebekka in conducting analyses and preparing deliverables for the project.

PROFILE
Brian has a background in water resources management and possesses extensive analytical skills. His expertise lies in the areas of systems analysis and economic modeling. He has performed significant research in the field of water resources in which he has utilized aspects of engineering, policy analysis, risk management, economics, and market analysis.

KEY PROJECT EXPERIENCE
City of Oceanside (CA)
The City of Oceanside (City) requested that Raftelis conduct an organizational assessment of their water and wastewater utility. Brian is assisting in this effort by conducting interviews with staff and conducting a benchmarking exercise with the City’s peers.

Montecito Water District (CA)
The Montecito Water District (District) asked Raftelis to conduct a salary benchmarking study in order to remain competitive in the recruitment and retention of staff. Brian served as the Lead Analyst, collecting and analyzing data from peer utilities, and state and national survey data. Based upon this analysis, Brian made recommendations for salary adjustments in several job positions.

City of Corona (CA)
As part of an Operational Assessment of the City of Corona’s (City) water and wastewater utilities, Brian conducted an on-site facilities review and interviewed staff. The review showed that facilities were well-maintained, but interviews with staff indicated the potential for improvement in areas of maintenance and wastewater operations, as well as capital project delivery.

Southern California Edison (CA)
Southern California Edison (SCE) is primarily an electric utility, but they also own and operate a small water utility that serves Catalina Island. While most customers are located in the City of Avalon, SCE serves customers spread throughout the island. The water utility is beset with a limited rate base, aging infrastructure with difficult accessibility, scarcity of water supplies, high operating costs due to its island location, and a stringent regulatory environment. Raftelis conducted an Operational Assessment for them, which involved extensive staff interviews, document reviews, and an on-site assessment of their facilities. Brian was part of the team that made recommendations for improved asset management, capital project review and delivery, and dedicated resources within the larger SCE organization. In a follow-on project, Raftelis was asked to produce a memo in support of the water utility’s general rate case. Brian analyzed a variety of alternative funding mechanisms that the water utility could use as revenue generation mechanisms.

Specialties
• Rate studies
• Financial planning
• Risk management
• Economic analysis
• Water resources management
• Data analysis
Professional History
• Raftelis: Senior Consultant (2018-
present); Consultant (2014-2017)
• Colorado School of Mines:

Postdoctoral Research Fellow
(2011-2014)
• University of North Carolina -
Chapel Hill: Research Assistant
(2001-2010)
Education
• Master of Science & Doctorate -
University of North Carolina at
Chapel Hill (2004 & 2010,
respectively)
• Bachelor of Science in Chemical
Engineering & Bachelor of Arts in
Environmental Engineering - Rice
University (2001)

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RAFTELIS 15
Incline Village General Improvement District (NV)
The Incline Village General Improvement District (IVGID) provides water, wastewater, and recreational services to an area in the Lake Tahoe region. The IVGID is anticipating significant capital costs due to aging infrastructure and has experienced sizable staff turnover recently. Brian is part of the team that will be conducting an Operational Review of the water and wastewater components of the IVGID and will be conducting staff interviews and performing an on-site evaluation. In particular, this study is intended to provide IVGID with recommendations to improve their asset management.

American Water Works Association
At the onset of the Covid-19 pandemic, the American Water Works Association (AWWA) was concerned with the potential financial impacts that the shutdowns may have on the water industry. Brian was part of a team at Raftelis that made estimates of potential impacts through changes in usage, construction, and delayed capital projects. The analysis and report were turned around to AWWA in less than two weeks.

City of Dayton (OH)
The City of Dayton (City) is receiving pressure from wholesale customers as to their overall headcount and rates. Raftelis has been asked to conduct an Operational Assessment that is expected to address the efficiency of their operations and their staffing. Brian assisted in this initial effort. In a second phase, Brian is helping to conduct a workforce assessment for one of the water utility’s divisions that will help the division most efficiently deploy their workforce assets.

Anchorage Water and Wastewater Utility (AK)
The Anchorage Water and Wastewater Utility (AWWU) operates in a challenging environment. It has asked Raftelis to conduct an Organizational Structure Review. AWWU is unique, among other reasons, for the number of services they provide in-house, as opposed to outsourcing. Comparisons to other utilities are difficult without placing their operations in context. Brian is leading the effort to conduct benchmarking on the process level, in order to better contextualize AWWU’s operations.

National Association of Clean Water Agencies
In anticipation of the 50th anniversaries of the National Association of Clean Water Agencies (NACWA) and the Clean Water Act, Raftelis was asked to produce a deliverable to serve as the definitive record of success of NACWA and the Clean Water Act. As part of this effort, Brian is researching, collecting, and organizing environmental, economic, and social data related to clean water in the United Sates in order to present a narrative supported by quantitative information.

Metro Water Recovery (CO)
Metro Water Recovery (Metro) is the wastewater treatment authority for much of metropolitan Denver. Metro conducts an annual operations and budget review in which external consultants are brought in to examine operating metrics, hear presentations on aspects of Metro’s operations, and question senior leadership as to Metro’s recent performance. Brian is one of the consultants that conducts this review and produces a report detailing our findings.

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RAFTELIS 16
Ben Kittelson

STAFF CONSULTANT
Senior Consultant
ROLE
Ben will work at the direction of Rebekka in conducting analyses and preparing deliverables for the project.

PROFILE
Ben began consulting in 2019 after seven years of direct service to local governments on the East and West Coast. Most recently, Ben worked for the Budget and Management Services Department in the City of Durham, North Carolina. He worked on the annual budget and the community-wide strategic plan. He completed revenue projections for sales tax and water sales, assisted with financial planning for affordable housing, and led community engagement efforts designed to inform the City’s budget process. Ben also started an innovation partnership program with local technology startup companies, which was awarded the J. Robert Havlick Award for Innovation in Local Government from the Alliance for Innovation.

As a Senior Consultant, Ben has worked on dozens of projects across 17 states to help organization improve operations and become more effective through performance evaluations, process improvement, and strategic planning. He has worked on organizational assessments for a broad range of departments including public works, utilities, parks, public safety, human resources, and development review. He has analyzed staffing levels and organizational structure, created process maps, and developed actionable recommendations for improvement. Ben has also leveraged his experience to explore unique challenges for local governments. He has assessed employee satisfaction and organizational culture using qualitative methods, such as interviews and focus groups, and quantitative survey analysis.

Ben began his career in the Portland, Oregon region, where he served the Cities of Beaverton, West Linn, and Gresham, as well as Metro, the regional government for the Portland area. In those roles, he focused on community engagement, outreach, and communications initiatives. Ben expanded his experience in the Budget, Management, and Evaluation Department in Guilford County, North Carolina, where he analyzed government services such as jail operations and education funding. He also managed the County’s social media and internal employee newsletter.

In addition to his work for local governments, Ben is a founding member of Engaging Local Government Leaders (ELGL). Since 2013, ELGL has grown from a few hundred members in Oregon to over 4,800 across the nation. He produces and co-hosts ELGL’s GovLove Podcast, which discusses topics ranging from innovation and performance to equity and workforce development. He has led planning for the organization’s annual conference and written articles for the website. He currently serves as the Chair of the ELGL Board of Directors. Ben earned a master’s degree in public administration from Portland State University and a bachelor’s in politics and economics from Willamette University.

Specialties
• Budgeting and financial analysis
• Organizational assessment
• Strategic planning
• Innovation
• Staffing analysis
Professional History
• Raftelis: Senior Consultant (2022-
present) Consultant (2020-2021);
Consultant, The Novak Consulting
Group: (2019-2020)
• City of Durham, North Carolina:

Senior Budget and Management
Analyst (2016-2019)
• Guilford County, North Carolina:

Budget and Management Analyst
(2014-2016)
• City of Gresham, Oregon: Intern
(2014)
• Oregon Metro: Intern (2014)
• City of West Linn, Oregon: Intern
(2013-2014)
• City of Beaverton, Oregon: Intern
(2012-2013)
Education
• Master of Public Administration -
Portland State University (2014)
• Bachelor of Arts in Politics and
Economics - Willamette University
(2012)
Professional Memberships
• Engaging Local Government
Leaders (ELGL)
• North Carolina Local Government
Budget Association (NCLGBA)
• Strong Towns

Item 11.

RAFTELIS 17
Colin Stifler

STAFF CONSULTANT
Consultant
ROLE
Colin will work at the direction of Rebekka in conducting analyses and preparing deliverables for the project.

PROFILE
Colin brings diverse experiences in local government and management consulting to his projects and client relationships. He has participated in numerous organizational assessments and strategic planning initiatives for municipalities, counties, and public utilities across the United States. These engagements have involved individual department assessments and process improvement analyses, as well as organization-wide reviews spanning multiple departments. Colin is familiar with processing large datasets and assisted Lower Paxton Township, Pennsylvania, with developing a financial model to forecast future revenues and expenditures. He also leverages his experience to explore unique challenges facing clients, such as helping the City of Wilmington, North Carolina, assess the feasibility of automating its solid waste collections.

Colin began his consulting career following six years of education, non-profit, and local government experience. Most recently, he worked for Wake County, North Carolina’s Community Services Department, where he analyzed and helped implement policies spanning five County divisions and over 700 employees. Notable projects included creating an operational framework for an innovative environmental education facility, as well as identifying performance measures and supporting metrics for the County’s library book selectors.

Prior to Wake County, Colin worked with the North Carolina Department of Environmental Quality, where he specialized in local government solid waste and recycling issues. After helping dozens of counties and municipalities navigate contract disputes, Colin created an ideal contract template for local governments to use when outsourcing the collection and processing of recyclable materials. In his role with Fidelity Charitable, he coordinated multimillion dollar donations for prominent philanthropists. He began his career as an English teacher in South Korea and China.

Colin earned a bachelor’s degree in philosophy from Miami University (Ohio) and a master’s degree in public administration from the University of North Carolina at Chapel Hill.

Specialties
• Organizational assessment
• Survey and data analysis
• Best practice and benchmarking
research
• Program design and implementation
• Contracting and oversight
Professional History
• Raftelis: Consultant (2021-present);
• Wake County, North Carolina:

Assistant to the Community
Services Director (2021)
• North Carolina Dept. of
Environmental Quality: Research
Analyst (2020-2021)
• Fidelity Charitable: Senior Specialist
(2017-2019)
• Gannan Normal University (China):

Adjunct Professor (2015-2016)
• South Korean Ministry of Education:

English Program Coordinator (2014-
2015)
Education
• Master of Public Administration -
University of North Carolina (2021)
• Bachelor of Arts in Philosophy -
Miami University (2014)
Professional Memberships
• Engaging Local Government
Leaders (ELGL)

Item 11.

RAFTELIS 18
Understanding of Project
The City of Coachella is seeking a partner to perform an objective analysis of processes and staffing levels for its water and wastewater utilities. The goal is to establish the personnel needs of the utilities in an equitable, competitive, and legally defensible manner.

Our proposed process for performing an organization and workforce study for the public utilities serving the City of Coachella is thoughtful, straightforward, and proven. We have used it many times for similar projects in California and across the U.S. The foundation of the approach is built on Raftelis’ Engage-Assess-Compare-Enhance methodology as previously introduced. All work will be done by Raftelis employees; no subcontractors will be used for this engagement.

ENGAGE
Our first step will be to engage the City to develop a thorough understanding of its utilities by reviewing:
• Organizational objectives, structures, and workflows
• Staffing
• Desired levels of services
• Performance management approaches
It is imperative that we thoroughly understand the ways things are done and your goals so that we can identify areas of inefficiency that could be addressed or that could impact the organization structure.

ASSESS
Our next step will be to assess the utilities’ key practices and attributes to identify opportunities including:
• Organizational structure and staffing
• Effective and efficient use of technology systems
• Day-to-day operational activities throughout the utility systems • Operations and maintenance activities
This effort will involve activities such as interviewing stakeholders, examining workloads, and reviewing business processes and practices for alignment, duplication, waste, and potential streamlining. We will leverage efficiency-finding techniques from Lean as part of this step.

COMPARE
Using data from the Engage and Assess phases, we will compare the utilities’ organization structures, staffing levels, and systems against industry best appropriate practices and a select group of regional peers, which will allow us to identify gaps, and generate a list of opportunities to improve organizational efficiency and effectiveness. We will describe the associated benefits and relative level of effort to implement recommendations. We will also identify areas that need additional controls.

ENHANCE
We will make recommendations for enhancing the City’s utilities’ organization structure, staffing levels, and business processes, and suggest guidelines for implementation.

UNDERSTANDING OF PROJECT

Item 11.

RAFTELIS 19
Using this Engage, Assess, Compare, and Enhance
methodology, the Raftelis project team will work closely with City staff and follow the project tasks developed specifically for Coachella below.

Task 1: Project Administration and
Kick Off
Raftelis will hold a kick-off meeting with City-designated staff to review the objectives of the project and schedule and to start developing a comprehensive understanding of the utility. We will discuss and identify with appropriate peer entities that may be used for benchmarking comparison during this session.

The kick-off meeting will be followed by an intense data gathering effort. We will provide a detailed data request and access to a shared electronic drive for the City to upload background information for both phases of the work including, but not limited to:
• Organizational charts (City overall and each utility if available)
• City and/or utility strategic plans
• Updated master plans or work plans
• Utilities’ budgets for the past three years
• An annual City financial report for the past three years • A complete set of utility job descriptions
• A list of appropriate peer utilities/entities for comparison We will review and analyze these materials to provide context for the work to come.

Task 1 will also include standard, ongoing communications and quality assurance activities to ensure the project achieves the City’s stated objectives on schedule and within budget. This includes monthly progress reports with a narrative discussion of all activities in progress and services anticipated to be performed during the next month.

TASK 1 DELIVERABLES
• Agenda and materials for project kick-off meeting
• Detailed data request and shared drive
• Monthly project status reporting
Task 2: Organizational Assessment
The first phase of the work will focus on the organizational assessment to ensure the City’s utilities have the appropriate staffing and structure to achieve its goals now and for the next five years.

WHY CHOOSE

RAFTELIS OVER A

DEDICATED HR OR

MANAGEMENT

CONSULTING
GENERALIST FIRM?
No one understands how utilities
operate better than Raftelis.

Having worked with hundreds of
utilities, private and public, in
California and over 1,200
nationwide, Raftelis understands
the best practices for staffing and
organizing utilities. We can offer
defensible guidance on how best
to perform all key utility functions,
including the appropriate staffing,
technology, and processes to
support them.

Our team covers the gamut of
resources needed to understand
Coachella’s utilities, from human
resources data to technology and
operations subject matter experts.

With decades of experience
working at utilities and developing
the guidance that the utility
industry depends on under our
belts, no one understands utilities
like Raftelis.

Item 11.

RAFTELIS 20
The goal is to confirm the City is meetings its mission, vision, and goals now and for the next several years. In order to prepare such a plan, it is critical to fully understand operations and initiatives so that current and future workload, and staffing, can be determined. Our project team is comprised of experts in utility operations and management with the knowledge of human resources to prepare an accurate and comprehensive plan.

After the kick-off meeting, Raftelis will spend up to three days performing onsite and virtual data gathering, as appropriate, including interviews with key staff, site tours, and data discussions to understand utility practices. Note that while we prefer to be onsite for the majority of data gathering activities, we are also fully capable and extremely comfortable conducting many of the project data gathering activities remotely, as we have done on projects across the U.S. We have used a hybrid approach on many projects with web-based meetings and some on-site activities, such as facility tours, interviews with operations staff, and board presentations. This helps manage projects costs and allows us to meet with staff when it aligns with their schedules.

Using the kick-off meeting and data gathered in Task 1 as a foundation, Raftelis will interview all managers, supervisors, and key staff in the utilities to gain a thorough understanding of activities. In addition, we will hold small group interviews with designees at all levels of the operation to ensure a more detailed understanding of daily operations and staff perceptions of staffing levels, workload and workload drivers, inter-relationships between workgroups, and potential ways to increase efficiency and effectiveness. Our team will identify themes from these interviews for follow-up research and analysis, and we will develop a core program matrix that summarizes the utilities’ organization and staff into work programs, staffing levels, and workload.

Based on data review and interview themes, our team will next evaluate the utilities’ organizational structure and staffing, including an understanding of workgroup functions, program areas, and workload drivers. We will compare current structure and staffing to industry best practices and recommend options to capitalize on potential efficiencies to meet current and future regulatory and strategic goals. Part of the review will evaluate the processes and practices that govern activities. Raftelis will likely request additional follow-up data as we delve into the organization and structure.

Raftelis will evaluate and compare desired level of service with staffing levels and identify areas in which the City can streamline resources to maximize efficiency as well as identify areas where it may consider additional resources to achieve stated levels of service and address workloads. Raftelis will benchmark Coachella’s utility organizational and staffing elements with both peer and national benchmarks for available data. Benchmarking and best practice information from industry-leading organizations1 will be utilized, including the Ten Attributes of Effectively Managed Water Sector Utilities, as presented in the Effective Utility Management (EUM) framework. The EUM framework is a set of organizational, operational, and management guidelines for utilities universally endorsed by major industry associations. 1 AMWA, APWA, AWWA, NACWA, NAWC, WEF, and the US Environmental Protection Agency, June 2008

Item 11.

RAFTELIS 21
Based upon this analysis, our team will create a
current and future state organizational structure
for each utility that shows the positions and
staffing required to accomplish the current and
planned work and strategic goals of the City
over the next five years, including specifics
related to the type and number of staff positions
necessary. We will also identify how to
transition the current structure to the new
structure over the next several years while
minimizing disruptions and taking advantage of
factors like attrition.

TASK 2 DELIVERABLES
• Up to three days of combined onsite and
virtual data gathering, including
interviews with staff
• Core program matrix
• Benchmarking with regional and
industry peers (typically, five to seven
peers)
Task 3: Operational
Efficiency Review
Raftelis is an industry thought leader in driving
organizational and operational efficiency within utilities. We have developed and co-authored many of the guiding publications in the industry such as the American Water Works Association (AWWA) M5 Water Utility Management manual and AWWA Utility Benchmarking: Performance Management for Water and Wastewater. Many of the proposed project team members have served within municipal departments, serve on national benchmarking committees within the utility industry, and have worked with both high-performing and struggling utilities across the U.S. to assess and improve efficiency and effectiveness. Our project team understands the regulatory and resource challenges municipal utilities face, and we have the operational and tactical expertise to help utilities achieve their operational performance and strategic goals.

Raftelis will review the utilities against industry standards set by associations such as the AWWA, American Metropolitan Water Association (AMWA), Water Environment Foundation (WEF), National Association of Clean Water Agencies (NACWA), and American Public Power Association (APPA). Using our industry expertise, our team will thoroughly review operation of the City’s utility distribution, collection, and treatment functions. Our project team will provide the City with a clear understanding of current performance and recommendations for enhancing it that are backed by industry benchmarks. We will formulate recommendations that consider the utilities’ current resources with a goal to leverage existing resources to the maximum extent.

We will collaborate with the City to evaluate and recommend enhancements to the utilities’ use and application of major utility software systems, such as Computerized Maintenance Management Systems (CMMS), and ensure that our review considers and incorporates industry standards and best practices for use of these types of systems. Our review of software systems will not stop at the operational application, it will reach into the cultural acceptance and use of preventative, predictive, and corrective maintenance programs. Modern utilities rely on both people and data to maintain systems, and EUM’s Ten Attributes of
Effectively Managed Water Sector Utilities

Item 11.

RAFTELIS 22
our team has the specialized experience to ensure the utilities’ people and data work together to achieve efficiency, while simultaneously achieving desired service levels and strategic objectives.

Our team will perform a review of customer service processes and practices. Rates for water, wastewater, reclaimed water, and electricity continue to rise, and ensuring customers understand and see the value in the rates they pay is paramount to utility success. The processes and practices that govern a utility’s customer experience must be efficient, effective, and provide value for customers. Our project team has deep expertise in evaluating the utility customer experience and will bring a wealth of industry knowledge to bear as we work with the City to ensure customer service functions achieve their desired impact.

Having completed interviews, data review, benchmarking, operational efficiency, and staffing level analysis, Raftelis will present its preliminary observations and recommendations to the City for review and discussion. Appropriate follow-up and revision will occur based upon the City’s feedback.

TASK 3 DELIVERABLES
• Preliminary observations and recommendations presentation Task 4: Final Report and Presentation
Once recommendations have been finalized, Raftelis will prepare a comprehensive draft report which includes our methodology, steps taken, analysis, findings, and recommendations for improvement, including detailed staffing level projections for each work unit within the water and wastewater utilities.

Raftelis will solicit feedback on the draft report. We will ask that the City provide one set of consolidated comments and edits within 25 business days of the draft being issued. Raftelis is also available for a web meeting or conference call to review the draft document and answer any questions.

Once the City’s feedback is received, Raftelis will produce a final deliverable document. Raftelis will provide the final report within 30 days of receiving consolidated comments and after any web meetings and conference calls. Our team will be available to make up to two presentations of the report to staff, City management, or policymakers.

TASK 4 DELIVERABLES
• Draft report for review and comment
• Final report
• Two report presentations

Item 11.

RAFTELIS 23
Sample Deliverables

DESIGNED AND DEVELOPED BY RAFTELIS
Full copies these deliverables can be provided upon request.

Item 11.

RAFTELIS 24
Project Schedule
A proposed project schedule by Task is provided below. In our experience, projects of this scope typically take 4-6 months to complete. We expect to refine and finalize this schedule with the City during Task 1.

As shown, Task 1 will be active throughout the duration of the project. Tasks 2-3 are estimated to conclude by midDecember. Task 4 is estimated to conclude by the end of January.

Task 1 - Project Administration and Kickoff
Task 2 - Organizational Assessment
Task 3 - Operational Efficiency Review
Task 4 - Final Report and Presentation

SEP OCT NOV DEC JAN

Item 11.

RAFTELIS 25
References
We have included references for each of these clients and urge you to contact them to better understand our capabilities and the quality of service that we provide.

City of Corona, Department of Water and Power CA
Reference: Katie Hockett, Assistant General Manager
755 Public Safety Way, Corona, CA 92880 / P: 951.279.3601 / E: [email protected] Term of Engagement: June 2020 - February 2021
Cost/Project Size: $122,280
The City of Corona (City) is wedged between affluent areas of Orange County and more rural areas to the west.

Traditionally, there has been an uneasy balance between customers wanting fewer and cheaper community service offerings and customers wanting more services at a moderate additional cost, similar to neighboring areas. A recent water and sewer rate increase after a seven-year pause was the catalyst to reignite the debate over service levels and costs. In response, the Department of Water and Power (DWP) hired Raftelis to perform a comprehensive review of DWP services, structure, staffing, and the value customers receive.

The review examined all the major aspects of how the DWP operates, from its organization and management through its business processes, relationships with other departments, and operations. Using Raftelis’ tested Engage-Assess-CompareEnhance methodology, the DWP learned how it compares with similar entities using a series of benchmarks, as well as national utility data. Raftelis looked beyond the numbers at positions, business processes, and practices to see how DWP aligns with industry best practices. Raftelis employed Lean techniques to review the efficiency and effectiveness of practices and assessed technologies such as the City’s Enterprise Resource Planning system (ERP), Computerized Maintenance Management System (CMMS), and other major platforms. Raftelis identified changes in procurement practices, for example, to better utilize the already lean number of staff. Significant recommendations from the report were a variety of specific workflow changes and the addition of business analysis and project management staffing resources to support DWP strategic efforts.

REFERENCES
Our visual facilitator
developed the graphic here
during a community input
session to bring the
discussion to life for
participants.

Item 11.

RAFTELIS 26
Montecito Water District CA
Reference: Daryl Smith, Business Manager
583 San Ysidro Road, Montecito, CA 93108 / P: 805.452.8953 / E: [email protected] Term of Engagement: March 2020 – September 2020, plus pending projects Cost/Project Size: $28,220
The Montecito Water District (District) engaged Raftelis to perform a market compensation analysis and review position descriptions, as well as benchmark the organization against peer utilities in the area and across California. Raftelis obtained current and relevant salary structure and pay information from published surveys representing peer California utilities, national water-sector utility data, and other employers in the relevant market. Raftelis supplemented the data with additional information it has gained from working with hundreds of California utilities to reflect general economic trends related to compensation levels. The analyses provided information and recommendations to assist in ensuring the District’s ability to attract and retain qualified staff and to ensure staff are compensated fairly, in a manner commensurate with their job duties and responsibilities.

Based on industry, national, regional, and peer utility comparisons, Raftelis noted that the cost of living in Santa Barbara County is roughly equal to median levels across California, but the cost of living in Montecito, mainly driven by housing prices, is significantly higher than those in most other areas of Santa Barbara County and California. District salaries appear to be broadly in line with surveyed peers and the 2019 American Water Works Association (AWWA) salary survey, based on the cost of living in Santa Barbara County, which includes both higher and lower cost areas. Raftelis identified, for example, that a couple of positions appeared undercompensated as compared with peers and that several job descriptions were relatively unique and not entirely reflective of duties performed.

Raftelis has worked with Montecito Water District on other efforts including financial and rate studies and is developing a scope to perform an organization-wide organization and operations assessment to correlate staffing and organization with customer service levels and rates. We are currently preparing a study on potential consolidation of the District with the Montecito Sanitary District.

With a median home price above
$3 million in the service area, the
Montecito Water District must weigh
many factors when determining
appropriate compensation for its staff.

Item 11.

RAFTELIS 27
Monte Vista Water District CA
Reference: Justin Scott-Coe, General Manager
10575 Central Avenue, Montclair, CA 91763 / P: 909.624.0035 / E: [email protected] Terms of Engagement: May 2021 – October 2021
Cost/Project Size: $92,275
Located at the intersection of San Bernardino, Los Angeles, Orange, and Riverside Counties, Monte Vista Water District (District) provides retail and wholesale water supply to over 130,000 residents in a 30 square-mile area of San Bernardino County. The District has suffered historically poor preventive maintenance and is playing “catch up” with a significant capital projects investment in order to reduce a high leak and failure rate. A new General Manager and strategic plan, several new department heads, and other changes, including a campus construction plan and consideration of adding sewer service as a new business line, have resulted in the need to take a comprehensive look to ensure operations align with future growth and strategic goals.

Raftelis interviewed numerous employees, visited the site to tour facilities and assess maintenance practices, performed benchmarking with several other comparable utility operations, and reviewed numerous documents. We reviewed and compared all District job classifications and salary ranges to those in comparable agencies in the region, recommending where adjustments were necessary to remain competitive.

The Monte Vista Water District engaged
Raftelis to review operations against
the 10 Effective Utility Management
(EUM) criteria and to perform a
comprehensive compensation
comparison.

Item 11.

RAFTELIS 28
City of Oceanside CA
Reference: Lindsay Leahy, Water Utilities Director
300 North Coast Highway, Oceanside, CA 92054 / P: 760.435.5800 / E: [email protected] Terms of Engagement: May 2021 – October 2021
Cost/Project Size: $92,500
The services delivered to the community by the Oceanside Water Utility Department (Department) are vitally important—they support a thriving downtown, a vibrant agricultural area, as well as meet the needs of the many residents and businesses that call Oceanside home. With that in mind, the Department engaged Raftelis to initiate a strategic planning process in September 2019 for updating its organizational vision and develop a framework for guiding the organization into the future. Using techniques from appreciative inquiry, Raftelis worked with a core team of employees to review feedback from stakeholders and evaluate organizational strengths, identify opportunities, discuss compelling aspirations, and agree on results and measures of strategic progress.

The Department’s strategic planning process involved input from a broad group of internal and external stakeholders and consistent communications of the Department’s vision, mission and overall strategic plan, both internally and externally.

Based on this process, the Department elected to focus on workforce, finance, communication and outreach, infrastructure, sustainable resource management, and technology in its updated strategic plan. The strategic framework developed will help guide investment, allocate resources, and provide a structure for annual strategy reviews to ensure that long-term goals and objectives are achieved.

Oceanside’s facilities treat water at various stages of the water cycle to ensure environmental protection, sustainability, and safe drinking water.

Item 11.

RAFTELIS 29
Southern California Edison – Catalina Operations CA
Reference: Bach Tsan, PE, Audit Engineer – Operational, Safety Audits, and Audit Services Department 2244 Walnut Grove Avenue, Rosemead, CA 91770 / P: 626.302.637 / E: [email protected] Term of Engagement: June 2020 – December 2020
Cost/Project Size: $58,158
Since 1962, Southern California Edison (SCE) has owned and operated the water system on Santa Catalina Island, which serves approximately 2,000 accounts associated with over 4,000 full-time residents and over one million annual visitors.

Catalina is situated roughly twenty-nine miles southwest of the port of Long Beach and. The only incorporated city on the island, the City of Avalon, accounts for roughly 4% of Catalina’s land area, 91% of its population, and over 80% of its water use. Approximately 88% of the island is protected by the conservancy, a nonprofit organization whose mission is to preserve the island’s natural resources, provide education and offer recreation. Catalina is completely isolated from mainland water sources and relies upon local groundwater wells which produces approximately 75% of the potable water and two desalination plants producing the remaining 25% to meet customer water demands. In the event of emergencies or drought, potable water must be shipped to the island via barge.

SCE hired Raftelis to perform a comprehensive organization and operations assessment of the Catalina operations as part of a multiphase planning effort. The project included a review of major operations practices, encompassing asset management strategies, staffing, organization, and management of the utility. Raftelis found that island staff struggled with many resource and logistics issues associated with the unique conditions on the island. Many assets were in poor condition. Raftelis recommended several changes including enhancing the use of the SAP Computerized Maintenance Management System (CMMS), adopting SCADA, and providing additional equipment and training for operations personnel before considering additional staff. Raftelis also recommended that the Catalina operations have a “champion” to represent their interests to the larger SCE organization; currently there are several SCE groups that have various interests in the operation.

Southern California Edison’s Catalina
Operations must supply water to island
residents under challenging conditions.

The airport tanks on the ridgeline in the
background are representative of the
remote island assets that staff must
operate and maintain.

Item 11.

RAFTELIS 30
City of San Diego, Public Utilities Department CA
Reference: Wanda Forte Mason, Key Customer Advocacy Team Program Manager 1200 Third Avenue, San Diego, CA 92101 / P: 619.533.6241 / E: [email protected] Terms of Engagement: December 2020 – April 2021
Cost/Project Size: $229,441
At their best, organizational policies support the activities of a utility, ensuring that customers and stakeholders are treated fairly and consistently, that staff are supported in carrying out their work on a day-to-day basis, and that the organization has clear guidance on what it should and should not be doing. Often, however, policies and their associated SOPs are shelf documents – rarely referenced, updated on an ad-hoc and infrequent basis, and not comprehensive enough to truly support the organization. The San Diego Public Utilities Department engaged Raftelis in 2020 to facilitate a review and update of its policies and procedures relating to water and wastewater practices.

Raftelis observed a utility that is staffed with dedicated, hardworking employees, but who are generally working without clear policies and procedures, leading to delays and inefficiency. Our team met weekly with the City of San Diego’s team to review chapters of the existing policy manual, identify new sections or regulatory changes and requirements such as SB998 water shutoff policies, met with staff to review the changes and get input for missing elements or items difficult to implement, and drafted a new policies and practices. Our team also revised and updated the process narratives which guide staff through the steps of various processes as outlined in the policy manual. In this way, the representatives have clear direction and process steps to assist customers with their needs.

Raftelis provided guidance throughout the project on benchmarking with other utilities nationally to determine industry standards and best practices. Policies and procedures are under legal and management review at this time.

The San Diego Public Utility Department
is streamlining its policies and procedures
to enhance service to customers.

Item 11.

RAFTELIS 31
North Texas Municipal Water District TX
Reference: Brian Brooks, Process Improvement Advisor
501 E. Brown Street, Wylie, TX 75098 / P: 469.626.4337 / E: [email protected] Term of Engagement: January 2015 – December 2017
Cost/ Project Size: $63,445
Over the last 60 years, the North Texas Municipal Water District (NTMWD or District) has quietly grown from a small operation on the outskirts of Dallas to a major U.S. utility with over 1.6 million customers over an area the size of the State of Delaware. Rapid growth has stretched resources, taxed assets, and created organizational challenges. NTMWD has tackled these challenges head on to become a world-class utility.

Challenged by the rate of population growth and by its
extreme geographic reach, NTMWD asked Raftelis to
conduct an organizational assessment to evaluate operating practices and staffing to aid the delivery of affordable services. The scope of the project was of such a size that the project was divided into two phases over several years.

Phase I assessed the Wastewater Division and the Shared Support Services, while Phase II assessed the Water
Division. Elements included:
• Reviewing staffing needs both in terms of quantity and function of staff
• Assessing workforce support functions, including HR
policies, safety, and training
• Evaluating operating practices and conditions at
facilities
• Conducting workshops with Executive Leadership to
validate findings and to maintain communication
pathways
• Surveying staff as to their views of the District’s
performance in relation to the principles of Effective
Utility Management (EUM)
• Benchmarking the District’s performance to other peer utilities and national standards
Following these activities in Phase I, Raftelis identified opportunities for the District to improve its organization. In addition to a range of specific recommendations, Raftelis developed five initiatives to transform the organization. The initiatives are in the areas of: Safety and Risk Management; Training; Asset Management; Maintenance; and Total
Quality Operations. Raftelis worked with NTMWD to
implement several of the elements of these initiatives and has completed a training master plan. In conjunction with the organizational development and performance improvement services, Raftelis has provided facilitation services to aid in strategic partnering between the District and its member and customer cities. Raftelis has assisted with updating and reformulating job descriptions for several operations positions. Raftelis is also worked with the District Board on Governance strengthening and member relationships.

For North Texas Municipal Water District, Raftelis
conducted benchmarking of other utilities to find
opportunities for improvement. The tables below
show some of the results of our analysis.

Item 11.

RAFTELIS 32
Lake Havasu City, Utilities Department AZ
Reference: Mark Clark, PE, PTOE, Director of Operations and Maintenance Services 2330 McCulloch Boulevard North, Lake Havasu City, AZ 86403 / P: 928.855.3377 / E: [email protected] Term of Engagement: February 2018 – August 2018
Cost/ Project Size: $35,098
Lake Havasu City (City) engaged Raftelis to conduct an Organizational and Operations Assessment (Assessment) for the City’s utilities. The main goal was to investigate opportunities to improve the efficiency and effectiveness of the organization. This included the following major objectives:
• Interview utility staff to understand the organizational structure of the utility and how responsibilities are assigned across job titles
• Gain insight into asset conditions, labor needs, and capital needs • Review staffing levels and organizational structure to find opportunities to best meet the long-term needs of the utilities with a minimum of staff
• Identify other opportunities in workflow, utility operations, or potential initiatives that may improve the longterm efficiency and effectiveness of the utilities Raftelis observed a utility that is staffed with dedicated, hardworking employees, but who are generally understaffed and forced into a “firefighting” mode in which actions are more reactive than proactive. The primary recommendations of this study focused on workforce and business practice enhancements to ensure the long-term stability of the utilities.

Some of the workforce and business practice recommendations included:
• Adjusting the organizational structure to address the lack of management capacity and delegation • Adopting succession planning activities
• Conducting a salary study to aid employee retention
• Initiating a program to recruit and train new hires
Raftelis provided guidance on re-thinking the data collection burdens (e.g., Lucity, work orders, timesheets); simplifying the budget reporting process, opportunities to outsource less-skilled tasks and preparing master and strategic plans to shape utility systems’ growth and development.

Climate and water source impact performance.

Lake Havasu City, AZ is one of the hottest communities in the U.S. with competition for water resources.

Item 11.

RAFTELIS 33
List of Representative
Projects

RAFTELIS HAS ONE OF THE MOST EXPERIENCED UTILITY AND LOCAL GOVERNMENT FINANCIAL AND MANAGEMENT CONSULTING PRACTICES IN THE NATION.

Our staff has assisted more than 1,200 local government organizations across the U.S., including some of the largest and most complex agencies in the nation. In the past year alone, Raftelis worked on more than 900 financial, management, and/or technology consulting projects for over 600 publicsector agencies in 44 states, the District of Columbia, and Canada.

LIST OF REPRESENTATIVE PROJECTS
Raftelis has provided financial/
organizational/technology assistance to
public agencies serving more than
25%
of the U.S.
population

THIS MAP AND THE MATRIX ON

THE FOLLOWING PAGES SHOW

SOME OF THE LOCAL

GOVERNMENT CLIENTS THAT
WE HAVE ASSISTED.

Item 11.

RAFTELIS 34

Item 11.

RAFTELIS 35

Item 11.

RAFTELIS 36
Disclosure of
Claims/Lawsuits
Raftelis has been joined as a third-party defendant in a lawsuit filed by local developers against the Town of FuquayVarina, North Carolina. The subject of this currently pending litigation is development impact fees assessed by the town and developed by Raftelis. This is the only legal case in which Raftelis has been joined as a party in the history of our firm. Raftelis intends to vigorously defend the allegations and claim.

Raftelis has not made any claims against a public agency that concern work performed by Raftelis pursuant to a contract or payment for a contract.

DISCLOSURE OF CLAIMS/LAWSUITS

Item 11.

RAFTELIS 37
Cost Proposal
The total fixed fee for completion of the scope of work is $75,600. This includes all professional fees and expenses.

The following is the cost by project activity.

Activity Description Cost
1 Project Administration and Kickoff $5,500
2 Organizational Assessment $26,175
3 Operational Efficiency Review $22,075
4 Final Report and Presentation $21,850
TOTAL $75,600
The City will be invoiced monthly as tasks are completed.

No Deviations from the RFP
We have reviewed the proposed Professional Services Agreement and certify that we take no exceptions.

COST PROPOSAL

NO DEVIATIONS FROM THE RFP

Item 11.

STAFF REPORT
9/14/2022
TO: Honorable Mayor and City Council Members
FROM: Nathan Statham, Finance Director
SUBJECT: Investment Report – July 2022
STAFF RECOMMENDATION:

Staff recommends that the City Council receive and file the investment report for July of 2022 EXECUTIVE SUMMARY:

On June 8, 2022, the City of Coachella along with its component units (Sanitary District, Educational & Governmental Access Cable Corporation, Fire Protection District and Water Authority) approved and adopted the current “Statement of Investment Policy”.

Pursuant to Section 16 of that policy, the City Treasurer shall provide to the City Council a monthly investment report which provides a clear picture of the status of the current investment portfolio.

This report shall include, at a minimum, the following information for each type of investment held in the City’s investment portfolio: the issuer; amount of investment; current market value; yield on investment; income generated from investments; dollar amount invested on all securities, investments and moneys held by the local agency; and shall additionally include a description of any of the local agency’s funds, investments, or programs; and a description of unusual investment activity or developments during the month for which the report is prepared. This information shall be provided for all City and component unit pooled investments, as well as for bond accounts, which are managed by outside Fiscal Agents.

The interest rates presented are the most current rates available as of the date of these reports. The market values presented for pooled City investments are based on closing prices for the related investments as of the date of these reports. This information was obtained from the Wall Street Journal or other reliable sources of market prices.

The Market values presented for investments managed by fiscal agents are based on amounts reported by the fiscal agent on their investment statements. The purchase date and type of investment are not included for funds held by fiscal agents.

Item 12.

Attached is the Treasurer’s Report of Investments which includes an overview on investments which provides information on investment activity, withdrawals and deposits, interest earned, payment of interest and payment of principal as of the months ended July 31, 2022. In addition, this report includes detailed information and current activity on individual investments.

All City investments are in compliance with the guidelines established for Authorized Investments as specified in the Investment Policy, Section 8.

There was no unusual investment activity to report.

The City and Districts have sufficient moneys to meet their expenditure requirements for the next six months.

FISCAL IMPACT:

None, this report is receive and file only.

Item 12.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED /  PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 6/30/2022 (WITHDRAWALS) CHANGE IN VALUE INTEREST PRINCIPAL 7/31/2022 CASH ON HAND Wells Fargo-General Checking N/A 12,754,635.38 (2,830,002.15) - - - 9,924,633.23 Wells Fargo-Road Maintenance N/A 1,371,784.36 - 76,272.76 - - 1,448,057.12 Wells Fargo-Gas Tax N/A - 79,318.37 - - - 79,318.37
Mechanics Bank - Payroll Acct N/A 176,641.49 32,828.66 - - - 209,470.15 Petty Cash N/A 3,500.00 - - - - 3,500.00
Total Cash on Hand 14,306,561.23 (2,717,855.12) 76,272.76 - - 11,664,978.87

INVESTMENTS
State of California - LAIF 1.09% 17,914,367.51 - 25,927.81 - - 17,940,295.32 Investment Management Acct 1.62% 24,252,356.83 5,146,707.21 - - 29,399,064.04 Total Investments 42,166,724.34 5,146,707.21 25,927.81 - - 47,339,359.36

CASH WITH FISCAL AGENT
US Bank varies 4,449,216.04 - 21.24 - - 4,449,237.28 ①
Wells Fargo Bank, N.A. 5.83% 32.29 - 0.01 - - 32.30 ②
Wilmington Trust, N. A. 0.03% 0.70 1,231,625.43 - (196,626.13) (1,035,000.00) - ③ Total Cash with Fiscal Agent 4,449,249.03 1,231,625.43 21.25 (196,626.13) (1,035,000.00) 4,449,269.58 Grand Total 60,922,534.60 3,660,477.52 102,221.82 (196,626.13) (1,035,000.00) 63,453,607.81 Completed By:Reviewed By: Nathan Statham-Finance Director

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of July 31, 2022
Fiscal Year 2022-2023

DESCRIPTION
E. Stoddard

Item 12.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED /  PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 6/30/2022 (WITHDRAWALS) CHANGE IN VALUE INTEREST PRINCIPAL 7/31/2022

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of July 31, 2022
Fiscal Year 2022-2023

DESCRIPTION
CASH WITH FISCAL AGENTUS BANK
COACHELLA WATER AUTHORITY
CITY OF COACHELLA WATER: WATER REFUNDING BONDS 2012 SERIESA/C #: 6712016201 Bond Fund 0.03% 0.39 - - - - 0.39 A/C #: 6712016202 Interest Account 0.03% - - - - - -
A/C #: 6712016203 Principal Account 0.00% 0.21 - - - - 0.21 A/C #: 6712016204 Reserve Fund 0.00% - - - - - -
COACHELLA FINANCING AUTHORITY
Successor Agency to the Coachella Redevelopments Agency 2014 SeriesA/C #: 6712104701 Debt Service Fund 0.00% 0.51 - - - - 0.51 A/C #: 6712104702 Interest Account 0.00% - - - - - -
A/C #: 6712104703 Principal Account 0.00% - - - - - - A/C #: 6712104704 Reserve Account 0.00% - 827,612.50 - - - 827,612.50 COACHELLA SANITARY DISTRICT
WASTEWATER SERIES 2015AA/C #: 6712148601 Bond Fund 0.00% 21.21 - 0.02 - - 21.23 A/C #: 6712148602 Interest Account 0.00% - - - - - -
A/C #: 6712148603 Principal Account 0.00% - - - - - - A/C #: 6712148604 Reserve Account 0.00% - 310,175.00 - - - 310,175.00 A/C #: 6712148605 Redemption Fund 0.00% - - - - - -
COACHELLA SANITARY DISTRICT: PROJECT FUND 2011
A/C #: 6711963500 Project Fund 2011 0.0100% - 25,291.75 21.15 - - 25,312.90

Item 12.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED /  PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 6/30/2022 (WITHDRAWALS) CHANGE IN VALUE INTEREST PRINCIPAL 7/31/2022

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of July 31, 2022
Fiscal Year 2022-2023

DESCRIPTION
COACHELLA SUCCESSOR AGENCY
MERGED PROJECT AREAS BONDS 98 & 99: BONDS 2013A/C #: 6712071401 Interest Account 0.00% 0.17 - - - - 0.17 A/C #: 6712071402 Interest Account 0.00% - - - - - -
A/C #: 6712071403 Principal Account 0.00% - - - - - - A/C #: 6712071404 Reserve Account 0.00% - 525,984.89 - - - 525,984.89 SA TO COACHELLA RDA REFUNDING BONDS SERIES 2016A & 2016B A/C #: 6712160601 Debt Service 0.00% 1.32 - - - - 1.32
A/C #: 6712160602 Interest Account 0.00% - - - - - -
A/C #: 6712160603 Principal Account 0.00% - - - - - - A/C #: 6712160604 Reserve Account 0.00% - 2,147,669.03 - - - 2,147,669.03 COACHELLA LEASE BONDS 2016
A/C #: 6712179801 Payment Account 0.0000% 127.75 - 0.07 - - 127.82 A/C #: 6712179802 Interest Account 0.0000% 0.05 - - - - 0.05 A/C #: 6712179803 Principal Account 0.0000% - - - - - - A/C #: 6712179804 Reserve Account 0.0000% - 612,331.26 - - - 612,331.26 TOTAL US BANK OF CALIFORNIA 4,449,216.04 ‐  21.24  ‐  ‐  4,449,237.28 ① WELLS FARGO BANK, N.A.

GAS TAX BONDS SERIES 2019A/C #: 83925300 Debt Service Fund 0.0000% 6.45 - - - - 6.45 A/C #: 83925301 Interest Account 0.0000% 8.28 - - - - 8.28 A/C #: 83925302 Principal Account 0.0000% 17.56 - 0.01 - - 17.57 TOTAL WELLS FARGO BANK, N.A. 32.29  ‐  0.01  ‐  ‐  32.30  ②

Item 12.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED /  PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 6/30/2022 (WITHDRAWALS) CHANGE IN VALUE INTEREST PRINCIPAL 7/31/2022

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of July 31, 2022
Fiscal Year 2022-2023

DESCRIPTION
WILMINGTON TRUST, N. A.

CITY OF COACHELLA TAXABLE PENSION OBLIGATION BONDSA/C #: 144613-001 Interest Account 0.03% 0.70 196,625.43 - (196,626.13) - - A/C #: 144613-002 Principal Account 0.00% - 1,035,000.00 - - (1,035,000.00) - TOTAL WILMINGTGON TRUST BANK, N.A. 0.70  1,231,625.43 ‐  (196,626.13) (1,035,000.00) ‐  ③ TOTAL CASH WITH FISCAL AGENT 1,231,625.43 4,449,249.03 21.25 (196,626.13) (1,035,000.00) 4,449,269.58

Item 12.

Managed Account Detail of Securities Held For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY NOTES
DTD 09/15/2019 1.500% 09/15/2022
912828YF1 140,000.00 AA+ Aaa 01/06/22 01/10/22 141,110.16 0.33 793.21 140,201.44 139,846.87

US TREASURY NOTES
DTD 07/02/2018 2.625% 06/30/2023
9128284U1 1,250,000.00 AA+ Aaa 07/05/22 07/07/22 1,247,119.14 2.86 2,853.26 1,247,320.32 1,246,289.00

US TREASURY NOTES
DTD 07/15/2020 0.125% 07/15/2023
912828ZY9 1,270,000.00 AA+ Aaa 02/17/22 02/18/22 1,249,015.23 1.31 73.34 1,255,736.91 1,235,670.38

US TREASURY NOTES
DTD 08/01/2016 1.250% 07/31/2023
912828S92 140,000.00 AA+ Aaa 04/02/19 04/04/19 134,071.88 2.28 4.76 138,633.42 137,615.63

US TREASURY NOTES
DTD 11/15/2013 2.750% 11/15/2023
912828WE6 355,000.00 AA+ Aaa 03/06/19 03/08/19 358,591.60 2.52 2,069.23 355,987.53 354,112.50

US TREASURY NOTES
DTD 11/30/2016 2.125% 11/30/2023
912828U57 460,000.00 AA+ Aaa 01/07/19 01/09/19 451,770.31 2.52 1,655.87 457,760.57 455,040.65

US TREASURY NOTES
DTD 12/31/2018 2.625% 12/31/2023
9128285U0 70,000.00 AA+ Aaa 01/30/19 01/31/19 70,207.81 2.56 159.78 70,059.85 69,682.82

US TREASURY NOTES
DTD 05/01/2017 2.000% 04/30/2024
912828X70 350,000.00 AA+ Aaa 06/03/19 06/05/19 351,585.94 1.90 1,769.02 350,564.95 344,367.17

US TREASURY N/B NOTES
DTD 05/31/2022 2.500% 05/31/2024
91282CER8 1,250,000.00 AA+ Aaa 07/05/22 07/07/22 1,242,626.95 2.82 5,293.72 1,242,892.55 1,240,429.75

US TREASURY N/B NOTES
DTD 07/15/2021 0.375% 07/15/2024
91282CCL3 1,285,000.00 AA+ Aaa 02/17/22 02/18/22 1,248,206.84 1.59 222.61 1,255,079.37 1,223,761.78

US TREASURY NOTES
DTD 07/31/2017 2.125% 07/31/2024
9128282N9 125,000.00 AA+ Aaa 08/01/19 08/05/19 126,933.59 1.80 7.22 125,774.71 123,066.40

US TREASURY NOTES
DTD 08/31/2017 1.875% 08/31/2024
9128282U3 165,000.00 AA+ Aaa 09/03/19 09/05/19 169,299.02 1.33 1,294.67 166,795.58 161,545.31

US TREASURY NOTES
DTD 10/02/2017 2.125% 09/30/2024
9128282Y5 295,000.00 AA+ Aaa 10/01/19 10/03/19 303,815.43 1.50 2,106.71 298,822.92 290,298.44

US TREASURY NOTES
DTD 10/31/2019 1.500% 10/31/2024
912828YM6 195,000.00 AA+ Aaa 01/11/21 01/12/21 203,630.27 0.33 739.20 200,111.01 189,150.00

Item 12.

Managed Account Detail of Securities Held For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY NOTES
DTD 11/30/2017 2.125% 11/30/2024
9128283J7 425,000.00 AA+ Aaa 01/03/20 01/07/20 434,844.73 1.63 1,529.89 429,688.49 417,562.50

US TREASURY NOTES
DTD 11/30/2017 2.125% 11/30/2024
9128283J7 580,000.00 AA+ Aaa 12/02/19 12/04/19 591,917.19 1.69 2,087.84 585,569.64 569,850.00

US TREASURY N/B NOTES
DTD 01/15/2022 1.125% 01/15/2025
91282CDS7 1,265,000.00 AA+ Aaa 02/17/22 02/18/22 1,244,888.48 1.69 657.42 1,247,994.21 1,212,818.75

US TREASURY NOTES
DTD 02/17/2015 2.000% 02/15/2025
912828J27 130,000.00 AA+ Aaa 03/02/20 03/04/20 137,205.86 0.85 1,199.45 133,700.52 127,278.13

US TREASURY NOTES
DTD 03/31/2020 0.500% 03/31/2025
912828ZF0 1,330,000.00 AA+ Aaa 07/05/22 07/07/22 1,248,953.13 2.83 2,234.84 1,250,983.36 1,249,576.50

US TREASURY NOTES
DTD 08/31/2020 0.250% 08/31/2025
91282CAJ0 555,000.00 AA+ Aaa 08/02/21 08/06/21 548,799.61 0.53 580.64 550,301.72 512,681.25

US TREASURY NOTES
DTD 08/31/2020 0.250% 08/31/2025
91282CAJ0 1,500,000.00 AA+ Aaa 07/06/22 07/07/22 1,381,816.41 2.89 1,569.29 1,384,383.39 1,385,625.00

US TREASURY NOTES
DTD 09/30/2020 0.250% 09/30/2025
91282CAM3 460,000.00 AA+ Aaa 09/07/21 09/09/21 452,273.44 0.67 386.48 453,973.07 424,206.25

US TREASURY NOTES
DTD 10/31/2020 0.250% 10/31/2025
91282CAT8 350,000.00 AA+ Aaa 03/01/22 03/01/22 333,361.33 1.59 221.13 335,261.12 322,164.08

US TREASURY NOTES
DTD 10/31/2020 0.250% 10/31/2025
91282CAT8 410,000.00 AA+ Aaa 10/04/21 10/06/21 401,319.53 0.78 259.03 403,066.14 377,392.21

US TREASURY NOTES
DTD 11/30/2020 0.375% 11/30/2025
91282CAZ4 210,000.00 AA+ Aaa 11/02/21 11/03/21 204,659.77 1.01 133.40 205,632.35 193,856.25

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
91282CBC4 190,000.00 AA+ Aaa 04/05/21 04/07/21 185,494.92 0.89 61.96 186,748.21 174,978.12

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
91282CBC4 350,000.00 AA+ Aaa 01/11/21 01/12/21 347,867.19 0.50 114.13 348,532.66 322,328.13

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 160,000.00 AA+ Aaa 05/03/22 05/04/22 145,500.00 2.95 1.63 146,443.35 147,100.00

Item 12.

Managed Account Detail of Securities Held For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY NOTES
DTD 01/31/2019 2.625% 01/31/2026
9128286A3 255,000.00 AA+ Aaa 02/04/21 02/08/21 282,063.87 0.47 18.19 274,039.98 253,565.63

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 270,000.00 AA+ Aaa 02/26/21 02/26/21 264,410.16 0.80 2.75 266,028.11 248,231.25

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 475,000.00 AA+ Aaa 07/02/21 07/07/21 465,871.09 0.80 4.84 468,004.27 436,703.13

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 1,320,000.00 AA+ Aaa 02/17/22 02/18/22 1,246,626.56 1.84 13.45 1,254,965.61 1,213,575.00

US TREASURY NOTES
DTD 02/28/2021 0.500% 02/28/2026
91282CBQ3 310,000.00 AA+ Aaa 03/05/21 03/09/21 305,676.95 0.79 648.64 306,890.35 285,781.25

US TREASURY NOTES
DTD 02/28/2021 0.500% 02/28/2026
91282CBQ3 630,000.00 AA+ Aaa 12/03/21 12/07/21 613,019.53 1.15 1,318.21 615,625.99 580,781.25

US TREASURY N/B NOTES
DTD 05/31/2021 0.750% 05/31/2026
91282CCF6 290,000.00 AA+ Aaa 06/02/21 06/04/21 289,365.62 0.79 368.44 289,512.90 268,657.80

US TREASURY N/B NOTES
DTD 05/31/2021 0.750% 05/31/2026
91282CCF6 325,000.00 AA+ Aaa 06/06/22 06/08/22 297,857.42 2.99 412.91 298,866.16 301,082.01

US TREASURY N/B NOTES
DTD 09/30/2021 0.875% 09/30/2026
91282CCZ2 300,000.00 AA+ Aaa 04/05/22 04/07/22 276,222.66 2.77 882.17 277,907.55 277,875.00

US TREASURY NOTES
DTD 02/15/2017 2.250% 02/15/2027
912828V98 295,000.00 AA+ Aaa 07/05/22 07/07/22 287,371.48 2.85 3,062.05 287,484.73 288,639.06 Security Type Sub-Total 19,735,000.00 19,285,371.10 1.86 36,811.38 19,307,345.01 18,803,185.25 Supra-National Agency Bond / Note

INTL BK RECON & DEVELOP NOTES
DTD 11/24/2020 0.250% 11/24/2023
459058JM6 150,000.00 AAA Aaa 11/17/20 11/24/20 149,677.50 0.32 69.79 149,858.63 144,801.15

INTER-AMERICAN DEVEL BK NOTES
DTD 09/23/2021 0.500% 09/23/2024
4581X0DZ8 300,000.00 AAA Aaa 09/15/21 09/23/21 299,778.00 0.52 533.33 299,841.20 284,346.90 Security Type Sub-Total 450,000.00 449,455.50 0.46 603.12 449,699.83 429,148.05

Item 12.

Managed Account Detail of Securities Held For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Municipal Bond / Note

CA ST TXBL GO BONDS
DTD 10/24/2019 2.400% 10/01/2023
13063DRJ9 190,000.00 AA- Aa2 10/16/19 10/24/19 193,801.90 1.87 1,520.00 191,126.29 187,816.90

MS ST TXBL GO BONDS
DTD 08/06/2020 0.565% 11/01/2024
605581MZ7 200,000.00 AA Aa2 07/24/20 08/06/20 200,000.00 0.57 282.50 200,000.00 186,626.00

OR ST DEPT TRANS TXBL REV BONDS
DTD 09/17/2020 0.566% 11/15/2024
68607DVA0 135,000.00 AAA Aa1 09/11/20 09/17/20 135,000.00 0.57 161.31 135,000.00 126,916.20

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
341271AD6 40,000.00 AA Aa3 09/03/20 09/16/20 40,282.80 1.11 41.93 40,172.20 37,700.40

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
341271AD6 110,000.00 AA Aa3 09/03/20 09/16/20 110,000.00 1.26 115.32 110,000.00 103,676.10

LOS ANGELES CCD, CA TXBL GO BONDS
DTD 11/10/2020 0.773% 08/01/2025
54438CYK2 80,000.00 AA+ Aaa 10/30/20 11/10/20 80,000.00 0.77 309.20 80,000.00 73,583.20

NJ TURNPIKE AUTHORITY TXBL REV BONDS
DTD 02/04/2021 1.047% 01/01/2026
646140DP5 40,000.00 AA- A1 01/22/21 02/04/21 40,000.00 1.05 34.90 40,000.00 36,704.40 Security Type Sub-Total 795,000.00 799,084.70 1.06 2,465.16 796,298.49 753,023.20 Federal Agency Commercial Mortgage-Backed Security
FHLMC SERIES K721 A2
DTD 12/01/2015 3.090% 08/01/2022
3137BM6P6 1,156.34 AA+ Aaa 04/04/18 04/09/18 1,166.19 2.88 2.98 1,156.34 1,156.34

FHLMC MULTIFAMILY STRUCTURED P
DTD 12/01/2012 2.307% 08/01/2022
3137AWQH1 14,269.63 AA+ Aaa 09/04/19 09/09/19 14,480.33 1.78 27.43 14,269.63 14,269.63

FANNIEMAE-ACES
DTD 04/01/2014 3.346% 03/01/2024
3136AJB54 73,687.33 AA+ Aaa 12/13/19 12/18/19 77,268.08 2.14 205.46 75,035.65 73,224.93 FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
3137BGK24 110,000.00 AA+ Aaa 03/19/20 03/25/20 115,448.44 1.95 280.68 112,714.67 108,998.40 Security Type Sub-Total 199,113.30 208,363.04 2.01 516.55 203,176.29 197,649.30 Federal Agency Bond / Note

Item 12.

Managed Account Detail of Securities Held For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Federal Agency Bond / Note

FANNIE MAE NOTES
DTD 05/22/2020 0.250% 05/22/2023
3135G04Q3 255,000.00 AA+ Aaa 05/20/20 05/22/20 254,232.45 0.35 122.19 254,793.92 249,803.61

FREDDIE MAC NOTES
DTD 06/11/2018 2.750% 06/19/2023
3137EAEN5 325,000.00 AA+ Aaa 01/07/19 01/09/19 327,281.50 2.58 1,042.71 325,452.92 324,636.00

FREDDIE MAC NOTES
DTD 06/26/2020 0.250% 06/26/2023
3137EAES4 175,000.00 AA+ Aaa 06/24/20 06/26/20 174,489.00 0.35 42.53 174,846.47 170,885.58

FANNIE MAE NOTES
DTD 07/10/2020 0.250% 07/10/2023
3135G05G4 280,000.00 AA+ Aaa 07/08/20 07/10/20 279,398.00 0.32 40.83 279,811.43 273,093.80

FREDDIE MAC NOTES
DTD 08/21/2020 0.250% 08/24/2023
3137EAEV7 185,000.00 AA+ Aaa 08/19/20 08/21/20 184,811.30 0.28 201.70 184,933.32 179,853.67

FANNIE MAE NOTES
DTD 09/14/2018 2.875% 09/12/2023
3135G0U43 330,000.00 AA+ Aaa 12/03/18 12/06/18 329,333.40 2.92 3,663.23 329,844.17 329,815.86

FEDERAL FARM CREDIT BANK (CALLABLE)
DTD 09/21/2020 0.250% 09/21/2023
3133EMAM4 250,000.00 AA+ Aaa 10/07/20 10/09/20 249,575.00 0.31 225.69 249,835.84 242,382.50

FEDERAL HOME LOAN BANKS NOTES
DTD 12/09/2013 3.375% 12/08/2023
3130A0F70 190,000.00 AA+ Aaa 01/30/19 01/31/19 195,600.04 2.72 944.06 191,561.18 191,122.33

FEDERAL HOME LOAN BANK NOTES
DTD 04/16/2020 0.500% 04/14/2025
3130AJHU6 200,000.00 AA+ Aaa 04/15/20 04/16/20 199,008.00 0.60 297.22 199,463.21 187,425.80

FANNIE MAE NOTES
DTD 04/24/2020 0.625% 04/22/2025
3135G03U5 260,000.00 AA+ Aaa 04/22/20 04/24/20 259,464.40 0.67 446.88 259,707.83 244,564.84

FANNIE MAE NOTES
DTD 04/24/2020 0.625% 04/22/2025
3135G03U5 360,000.00 AA+ Aaa 06/03/20 06/05/20 361,843.20 0.52 618.75 361,029.17 338,628.24

FREDDIE MAC NOTES (CALLABLE)
DTD 05/29/2020 0.750% 05/28/2025
3134GVB31 200,000.00 AA+ Aaa 06/05/20 06/09/20 199,400.00 0.81 262.50 199,658.99 188,052.20

FANNIE MAE NOTES
DTD 06/19/2020 0.500% 06/17/2025
3135G04Z3 175,000.00 AA+ Aaa 07/02/20 07/07/20 175,201.25 0.48 106.94 175,117.12 163,499.18

FANNIE MAE NOTES
DTD 06/19/2020 0.500% 06/17/2025
3135G04Z3 225,000.00 AA+ Aaa 10/01/20 10/05/20 226,055.25 0.40 137.50 225,646.31 210,213.22

Item 12.

Managed Account Detail of Securities Held For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Federal Agency Bond / Note

FANNIE MAE NOTES
DTD 06/19/2020 0.500% 06/17/2025
3135G04Z3 305,000.00 AA+ Aaa 06/17/20 06/19/20 304,368.65 0.54 186.39 304,636.21 284,955.71

FREDDIE MAC NOTES
DTD 07/23/2020 0.375% 07/21/2025
3137EAEU9 185,000.00 AA+ Aaa 07/21/20 07/23/20 184,078.70 0.48 19.27 184,451.97 171,856.31

FANNIE MAE NOTES
DTD 08/27/2020 0.375% 08/25/2025
3135G05X7 195,000.00 AA+ Aaa 08/25/20 08/27/20 194,087.40 0.47 316.88 194,439.63 180,561.62

FANNIE MAE NOTES
DTD 08/27/2020 0.375% 08/25/2025
3135G05X7 420,000.00 AA+ Aaa 10/21/20 10/22/20 417,727.80 0.49 682.50 418,560.60 388,901.94

FREDDIE MAC NOTES
DTD 09/25/2020 0.375% 09/23/2025
3137EAEX3 285,000.00 AA+ Aaa 09/23/20 09/25/20 284,142.15 0.44 380.00 284,459.61 263,386.17

FANNIE MAE NOTES
DTD 11/12/2020 0.500% 11/07/2025
3135G06G3 185,000.00 AA+ Aaa 11/09/20 11/12/20 184,337.70 0.57 215.83 184,565.74 171,276.70 Security Type Sub-Total 4,985,000.00 4,984,435.19 0.88 9,953.60 4,982,815.64 4,754,915.28 Corporate Note

ADOBE INC CORP NOTE
DTD 02/03/2020 1.700% 02/01/2023
00724PAA7 100,000.00 A+ A2 01/22/20 02/03/20 99,863.00 1.75 850.00 99,976.96 99,199.90

PFIZER INC CORP NOTES
DTD 03/11/2019 2.950% 03/15/2024
717081ES8 260,000.00 A+ A2 04/02/19 04/04/19 263,146.00 2.69 2,897.56 260,996.17 259,988.82

MORGAN STANLEY CORP NOTES
(CALLABLE)
DTD 04/22/2021 0.731% 04/05/2024
61772BAA1 25,000.00 A- A1 04/19/21 04/22/21 25,000.00 0.73 58.89 25,000.00 24,466.70

MORGAN STANLEY CORP NOTES
(CALLABLE)
DTD 04/22/2021 0.731% 04/05/2024
61772BAA1 75,000.00 A- A1 04/20/21 04/22/21 75,094.50 0.69 176.66 75,032.74 73,400.10 AMAZON.COM INC CORPORATE NOTES
DTD 05/12/2021 0.450% 05/12/2024
023135BW5 115,000.00 AA A1 05/10/21 05/12/21 114,832.10 0.50 113.56 114,900.42 109,809.25

Item 12.

Managed Account Detail of Securities Held For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

TEXAS INSTRUMENTS INC CORP NOTES
(CALLAB
DTD 05/04/2017 2.625% 05/15/2024
882508BB9 300,000.00 A+ Aa3 02/23/22 02/25/22 304,716.00 1.90 1,662.50 303,727.47 297,206.10

WALMART INC CORPORATE NOTES
DTD 04/23/2019 2.850% 07/08/2024
931142EL3 360,000.00 AA Aa2 07/10/19 07/12/19 371,235.60 2.19 655.50 362,103.09 358,662.96

JPMORGAN CHASE & CO CORPORATE

NOTES (CAL
DTD 09/16/2020 0.653% 09/16/2024
46647PBS4 115,000.00 A- A2 09/09/20 09/16/20 115,000.00 0.65 281.61 115,000.00 110,795.49

BANK OF AMERICA CORP (CALLABLE)

CORPORAT
DTD 10/21/2020 0.810% 10/24/2024
06051GJH3 150,000.00 A- A2 10/16/20 10/21/20 150,000.00 0.81 327.38 150,000.00 144,023.55

JOHN DEERE CAPITAL CORP CORPORATE
NOTES
DTD 01/10/2022 1.250% 01/10/2025
24422EVY2 190,000.00 A A2 03/08/22 03/10/22 185,200.60 2.17 138.54 185,867.05 181,693.20

MICROSOFT CORP (CALLABLE) NOTES
DTD 02/12/2015 2.700% 02/12/2025
594918BB9 190,000.00 AAA Aaa 03/15/21 03/17/21 202,921.90 0.92 2,408.25 198,066.52 188,752.65

TOYOTA MOTOR CREDIT CORP CORP
NOTES
DTD 02/13/2020 1.800% 02/13/2025
89236TGT6 60,000.00 A+ A1 05/20/20 05/26/20 60,586.20 1.58 504.00 60,315.20 57,745.62

TOYOTA MOTOR CREDIT CORP CORP
NOTES
DTD 02/13/2020 1.800% 02/13/2025
89236TGT6 90,000.00 A+ A1 05/20/20 05/26/20 90,879.30 1.58 756.00 90,472.80 86,618.43

NOVARTIS CAPITAL CORP
DTD 02/14/2020 1.750% 02/14/2025
66989HAP3 295,000.00 AA- A1 05/06/20 05/08/20 305,504.95 0.98 2,394.83 300,504.05 287,609.66 AMAZON.COM INC CORPORATE NOTES
DTD 04/13/2022 3.000% 04/13/2025
023135CE4 245,000.00 AA A1 04/11/22 04/13/22 244,610.45 3.06 2,205.00 244,649.55 245,642.39

CITIGROUP INC (CALLABLE) CORPORATE
NOTES
DTD 05/04/2021 0.981% 05/01/2025
172967MX6 50,000.00 BBB+ A3 04/27/21 05/04/21 50,000.00 0.98 122.62 50,000.00 47,330.60

Item 12.

Managed Account Detail of Securities Held For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

CITIGROUP INC (CALLABLE) CORPORATE
NOTES
DTD 05/04/2021 0.981% 05/01/2025
172967MX6 55,000.00 BBB+ A3 04/28/21 05/04/21 55,145.75 0.91 134.89 55,085.21 52,063.66

GOLDMAN SACHS GROUP INC CORPORATE
NOTES
DTD 05/22/2015 3.750% 05/22/2025
38148LAE6 135,000.00 BBB+ A2 02/12/21 02/17/21 150,819.30 0.94 970.31 145,100.18 134,892.41

JPMORGAN CHASE & CO (CALLABLE) CORP
NOTE
DTD 06/01/2021 0.824% 06/01/2025
46647PCH7 115,000.00 A- A2 05/24/21 06/01/21 115,000.00 0.82 157.93 115,000.00 108,250.31

JPMORGAN CHASE & CO CORPORATE
NOTES
DTD 08/10/2021 0.768% 08/09/2025
46647PCM6 50,000.00 A- A2 08/03/21 08/10/21 50,000.00 0.77 183.47 50,000.00 47,041.15

BRISTOL-MYERS SQUIBB CO CORPORATE
NOTES
DTD 11/13/2020 0.750% 11/13/2025
110122DN5 72,000.00 A+ A2 06/17/21 06/21/21 71,282.88 0.98 117.00 71,464.17 66,807.43

BANK OF AMERICA CORP NOTES
(CALLABLE)
DTD 03/22/2022 3.384% 04/02/2026
06051GKM0 220,000.00 A- A2 03/17/22 03/22/22 220,000.00 3.38 2,667.72 220,000.00 215,026.46

TARGET CORP CORPORATE NOTES
DTD 01/24/2022 1.950% 01/15/2027
87612EBM7 25,000.00 A A2 01/19/22 01/24/22 24,957.50 1.99 21.67 24,961.92 23,754.00

TARGET CORP CORPORATE NOTES
DTD 01/24/2022 1.950% 01/15/2027
87612EBM7 125,000.00 A A2 01/27/22 01/31/22 124,923.75 1.96 108.33 124,931.42 118,770.00

BANK OF NY MELLON CORP (CALLABLE)
CORPOR
DTD 01/26/2022 2.050% 01/26/2027
06406RBA4 200,000.00 A A1 01/26/22 01/28/22 200,644.00 1.98 56.94 200,577.55 187,232.80 Security Type Sub-Total 3,617,000.00 3,671,363.78 1.74 19,971.16 3,643,732.47 3,526,783.64 Certificate of Deposit

BARCLAYS BANK PLC NY CERT DEPOS
DTD 02/03/2022 1.050% 02/01/2023
06742TG34 250,000.00 A-1 P-1 02/02/22 02/03/22 250,000.00 1.05 1,305.21 250,000.00 246,751.07

Item 12.

Managed Account Detail of Securities Held For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Certificate of Deposit

CREDIT SUISSE NEW YORK CERT DEPOS
DTD 03/23/2021 0.590% 03/17/2023
22552G3C2 155,000.00 A-1 P-1 03/19/21 03/23/21 155,000.00 0.59 348.02 155,000.00 152,071.74 Security Type Sub-Total 405,000.00 405,000.00 0.87 1,653.23 405,000.00 398,822.81 Asset-Backed Security
HAROT 2019-2 A3
DTD 05/29/2019 2.520% 06/21/2023
43815MAC0 5,666.42 NR Aaa 05/21/19 05/29/19 5,666.21 2.52 3.97 5,666.37 5,664.61 TAOT 2019-A A3
DTD 02/13/2019 2.910% 07/15/2023
89239AAD5 6,707.51 AAA Aaa 02/05/19 02/13/19 6,706.29 2.91 8.68 6,707.25 6,707.46 NAROT 2019-A A3
DTD 02/13/2019 2.900% 10/15/2023
65479KAD2 4,202.68 NR Aaa 02/05/19 02/13/19 4,202.04 2.90 5.42 4,202.51 4,202.64 COPAR 2019-1 A3
DTD 05/30/2019 2.510% 11/15/2023
14042WAC4 4,461.96 AAA Aaa 05/21/19 05/30/19 4,461.05 2.51 4.98 4,461.70 4,458.31 NAROT 2019-B A3
DTD 05/28/2019 2.500% 11/15/2023
65479HAC1 11,932.14 NR Aaa 05/21/19 05/28/19 11,929.44 2.51 13.26 11,931.36 11,918.44 HAROT 2020-1 A3
DTD 02/26/2020 1.610% 04/22/2024
43813RAC1 48,354.86 NR Aaa 02/19/20 02/26/20 48,345.39 1.61 21.63 48,350.93 48,018.93 TAOT 2020-A A3
DTD 02/12/2020 1.660% 05/15/2024
89232HAC9 60,136.84 AAA Aaa 02/04/20 02/12/20 60,132.50 1.66 44.37 60,135.02 59,721.77 CARMX 2020-1 A3
DTD 01/22/2020 1.890% 12/16/2024
14315XAC2 53,763.14 AAA NR 01/14/20 01/22/20 53,752.59 1.89 45.16 53,758.02 53,301.05 HAROT 2021-1 A3
DTD 02/24/2021 0.270% 04/21/2025
43813GAC5 55,000.00 NR Aaa 02/17/21 02/24/21 54,998.99 0.27 4.13 54,999.34 53,729.00 HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
44933LAC7 45,000.00 AAA NR 04/20/21 04/28/21 44,995.27 0.38 7.60 44,996.63 43,650.27 CARMX 2021-1 A3
DTD 01/27/2021 0.340% 12/15/2025
14316NAC3 29,838.63 AAA NR 01/20/21 01/27/21 29,832.73 0.34 4.51 29,834.55 29,065.37 TAOT 2021-C A3
DTD 09/27/2021 0.430% 01/15/2026
89239BAC5 70,000.00 AAA Aaa 09/21/21 09/27/21 69,994.42 0.43 13.38 69,995.51 66,746.30

Item 12.

Managed Account Detail of Securities Held For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Asset-Backed Security
CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 65,000.00 AAA NR 04/13/21 04/21/21 64,985.99 0.52 15.02 64,989.70 63,082.49 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 35,000.00 AAA NR 11/09/21 11/17/21 34,992.19 0.75 11.51 34,993.41 33,513.87 DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
254683CP8 55,000.00 AAA Aaa 09/20/21 09/27/21 54,988.22 0.58 14.18 54,990.22 51,756.00 Security Type Sub-Total 550,064.18 549,983.32 0.98 217.80 550,012.52 535,536.51 Managed Account Sub-Total 30,736,177.48 30,353,056.63 1.62 72,192.00 30,338,080.25 29,399,064.04 $30,736,177.48 $30,353,056.63 1.62% $72,192.00 $30,338,080.25 $29,399,064.04 $29,471,256.04
$72,192.00
Total Investments
Accrued Interest
Securities Sub-Total

Item 12.

Managed Account Security Transactions & Interest For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
07/10/22 FANNIE MAE NOTES
DTD 07/10/2020 0.250% 07/10/2023
07/10/22 3135G05G4 280,000.00 0.00 350.00 350.00
07/15/22 TAOT 2019-A A3
DTD 02/13/2019 2.910% 07/15/2023
07/15/22 89239AAD5 11,262.35 0.00 27.31 27.31
07/15/22 COPAR 2019-1 A3
DTD 05/30/2019 2.510% 11/15/2023
07/15/22 14042WAC4 8,026.37 0.00 16.79 16.79
07/15/22 TAOT 2021-C A3
DTD 09/27/2021 0.430% 01/15/2026
07/15/22 89239BAC5 70,000.00 0.00 25.08 25.08
07/15/22 US TREASURY N/B NOTES
DTD 01/15/2022 1.125% 01/15/2025
07/15/22 91282CDS7 1,265,000.00 0.00 7,115.63 7,115.63
07/15/22 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
07/15/22 44935FAD6 35,000.00 0.00 21.58 21.58
07/15/22 NAROT 2019-A A3
DTD 02/13/2019 2.900% 10/15/2023
07/15/22 65479KAD2 7,848.16 0.00 18.97 18.97
07/15/22 US TREASURY N/B NOTES
DTD 07/15/2021 0.375% 07/15/2024
07/15/22 91282CCL3 1,285,000.00 0.00 2,409.38 2,409.38
07/15/22 CARMX 2020-1 A3
DTD 01/22/2020 1.890% 12/16/2024
07/15/22 14315XAC2 58,663.00 0.00 92.39 92.39
07/15/22 US TREASURY NOTES
DTD 07/15/2020 0.125% 07/15/2023
07/15/22 912828ZY9 1,270,000.00 0.00 793.75 793.75
07/15/22 DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
07/15/22 254683CP8 55,000.00 0.00 26.58 26.58
07/15/22 NAROT 2019-B A3
DTD 05/28/2019 2.500% 11/15/2023
07/15/22 65479HAC1 15,605.86 0.00 32.51 32.51
07/15/22 TAOT 2020-A A3
DTD 02/12/2020 1.660% 05/15/2024
07/15/22 89232HAC9 67,654.07 0.00 93.59 93.59
07/15/22 HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
07/15/22 44933LAC7 45,000.00 0.00 14.25 14.25
07/15/22 CARMX 2021-1 A3
DTD 01/27/2021 0.340% 12/15/2025
07/15/22 14316NAC3 30,000.00 0.00 8.50 8.50
07/15/22 TARGET CORP CORPORATE NOTES
DTD 01/24/2022 1.950% 01/15/2027
07/15/22 87612EBM7 150,000.00 0.00 1,389.38 1,389.38
07/15/22 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
07/15/22 14314QAC8 65,000.00 0.00 28.17 28.17

Item 12.

Managed Account Security Transactions & Interest For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
07/15/22 ALLYA 2019-1 A3
DTD 02/13/2019 2.910% 09/15/2023
07/15/22 02004WAC5 681.06 0.00 1.65 1.65
07/21/22 HAROT 2020-1 A3
DTD 02/26/2020 1.610% 04/22/2024
07/21/22 43813RAC1 53,764.51 0.00 72.13 72.13
07/21/22 FREDDIE MAC NOTES
DTD 07/23/2020 0.375% 07/21/2025
07/21/22 3137EAEU9 185,000.00 0.00 346.88 346.88
07/21/22 HAROT 2019-2 A3
DTD 05/29/2019 2.520% 06/21/2023
07/21/22 43815MAC0 9,428.03 0.00 19.80 19.80
07/21/22 HAROT 2021-1 A3
DTD 02/24/2021 0.270% 04/21/2025
07/21/22 43813GAC5 55,000.00 0.00 12.38 12.38
07/26/22 BANK OF NY MELLON CORP (CALLABLE)
CORPOR
DTD 01/26/2022 2.050% 01/26/2027
07/26/22 06406RBA4 200,000.00 0.00 2,050.00 2,050.00
07/31/22 US TREASURY NOTES
DTD 07/31/2017 2.125% 07/31/2024
07/31/22 9128282N9 125,000.00 0.00 1,328.13 1,328.13
07/31/22 US TREASURY NOTES
DTD 01/31/2019 2.625% 01/31/2026
07/31/22 9128286A3 255,000.00 0.00 3,346.88 3,346.88
07/31/22 US TREASURY NOTES
DTD 08/01/2016 1.250% 07/31/2023
07/31/22 912828S92 140,000.00 0.00 875.00 875.00
07/31/22 US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
07/31/22 91282CBH3 2,225,000.00 0.00 4,171.88 4,171.88
Transaction Type Sub-Total 8,983,087.86 0.00 33,622.35 33,622.35

PAYDOWNS
07/25/22 FHLMC SERIES K721 A2
DTD 12/01/2015 3.090% 08/01/2022
07/01/22 3137BM6P6 12,570.91 12,570.91 0.00 12,570.91 (107.04) 0.00 07/25/22 FANNIEMAE-ACES
DTD 04/01/2014 3.346% 03/01/2024
07/01/22 3136AJB54 1,010.88 1,010.88 0.00 1,010.88 (49.12) 0.00 07/25/22 FHLMC MULTIFAMILY STRUCTURED P
DTD 12/01/2012 2.307% 08/01/2022
07/01/22 3137AWQH1 62,459.36 62,459.36 0.00 62,459.36 (922.25) 0.00 07/15/22 TAOT 2019-A A3
DTD 02/13/2019 2.910% 07/15/2023
07/15/22 89239AAD5 4,554.84 4,554.84 0.00 4,554.84 0.83 0.00 07/15/22 NAROT 2019-A A3
DTD 02/13/2019 2.900% 10/15/2023
07/15/22 65479KAD2 3,645.48 3,645.48 0.00 3,645.48 0.55 0.00

Item 12.

Managed Account Security Transactions & Interest For the Month Ending July 31, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

PAYDOWNS
07/15/22 ALLYA 2019-1 A3
DTD 02/13/2019 2.910% 09/15/2023
07/15/22 02004WAC5 681.06 681.06 0.00 681.06 0.08 0.00
07/15/22 NAROT 2019-B A3
DTD 05/28/2019 2.500% 11/15/2023
07/15/22 65479HAC1 3,673.72 3,673.72 0.00 3,673.72 0.83 0.00 07/15/22 COPAR 2019-1 A3
DTD 05/30/2019 2.510% 11/15/2023
07/15/22 14042WAC4 3,564.41 3,564.41 0.00 3,564.41 0.72 0.00 07/15/22 TAOT 2020-A A3
DTD 02/12/2020 1.660% 05/15/2024
07/15/22 89232HAC9 7,517.23 7,517.23 0.00 7,517.23 0.54 0.00 07/15/22 CARMX 2020-1 A3
DTD 01/22/2020 1.890% 12/16/2024
07/15/22 14315XAC2 4,899.86 4,899.86 0.00 4,899.86 0.96 0.00 07/15/22 CARMX 2021-1 A3
DTD 01/27/2021 0.340% 12/15/2025
07/15/22 14316NAC3 161.37 161.37 0.00 161.37 0.03 0.00
07/21/22 HAROT 2019-2 A3
DTD 05/29/2019 2.520% 06/21/2023
07/21/22 43815MAC0 3,761.61 3,761.61 0.00 3,761.61 0.14 0.00 07/21/22 HAROT 2020-1 A3
DTD 02/26/2020 1.610% 04/22/2024
07/21/22 43813RAC1 5,409.65 5,409.65 0.00 5,409.65 1.06 0.00 Transaction Type Sub-Total 113,910.38 113,910.38 0.00 113,910.38 (1,072.67) 0.00 SELL
07/07/22 SKANDINAV ENSKILDA BANK LT CD
DTD 09/03/2019 1.860% 08/26/2022
07/05/22 83050PDR7 295,000.00 294,900.26 1,996.66 296,896.92 (99.74) (99.74) FIFO Transaction Type Sub-Total 295,000.00 294,900.26 1,996.66 296,896.92 (99.74) (99.74) Managed Account Sub-Total (4,999,076.47) 26,136.91 (4,972,939.56) (1,172.41) (99.74) Total Security Transactions ($4,999,076.47) $26,136.91 ($4,972,939.56) ($1,172.41) ($99.74)

Item 12.

STAFF REPORT
9/14/2022
TO: Honorable Mayor and City Council Members
FROM: Nathan Statham, Finance Director
SUBJECT: Investment Report – June 2022
STAFF RECOMMENDATION:

Staff recommends that the City Council receive and file the investment report for June of 2022 EXECUTIVE SUMMARY:

On June 23, 2021, the City of Coachella along with its component units (Sanitary District, Educational & Governmental Access Cable Corporation, Fire Protection District and Water Authority) approved and adopted the current “Statement of Investment Policy”.

Pursuant to Section 16 of that policy, the City Treasurer shall provide to the City Council a monthly investment report which provides a clear picture of the status of the current investment portfolio.

This report shall include, at a minimum, the following information for each type of investment held in the City’s investment portfolio: the issuer; amount of investment; current market value; yield on investment; income generated from investments; dollar amount invested on all securities, investments and moneys held by the local agency; and shall additionally include a description of any of the local agency’s funds, investments, or programs; and a description of unusual investment activity or developments during the month for which the report is prepared. This information shall be provided for all City and component unit pooled investments, as well as for bond accounts, which are managed by outside Fiscal Agents.

The interest rates presented are the most current rates available as of the date of these reports. The market values presented for pooled City investments are based on closing prices for the related investments as of the date of these reports. This information was obtained from the Wall Street Journal or other reliable sources of market prices.

The Market values presented for investments managed by fiscal agents are based on amounts reported by the fiscal agent on their investment statements. The purchase date and type of investment are not included for funds held by fiscal agents.

Item 13.

Attached is the Treasurer’s Report of Investments which includes an overview on investments which provides information on investment activity, withdrawals and deposits, interest earned, payment of interest and payment of principal as of the months ended June 30, 2022. In addition, this report includes detailed information and current activity on individual investments.

All City investments are in compliance with the guidelines established for Authorized Investments as specified in the Investment Policy, Section 8.

There was no unusual investment activity to report.

The City and Districts have sufficient moneys to meet their expenditure requirements for the next six months.

FISCAL IMPACT:

None, this report is receive and file only.

Item 13.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED /  PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 5/31/2022 (WITHDRAWALS) CHANGE IN VALUE INTEREST PRINCIPAL 6/30/2022 CASH ON HAND Wells Fargo-General Checking N/A (10,623,484.78) 20,486,867.91 - - - 9,863,383.13 Wells Fargo-Road Maintenance N/A 73,872.48 1,297,911.88 - - - 1,371,784.36 Wells Fargo-Gas Tax N/A 97,482.97 392,889.16 (490,372.13) - - - Mechanics Bank - Payroll Acct N/A (192,513.23) 369,154.72 - - - 176,641.49 Petty Cash N/A - 3,500.00 - - - 3,500.00 Total Cash on Hand 22,550,323.67 (10,644,642.56) (490,372.13) - - 11,415,308.98

INVESTMENTS
State of California - LAIF 0.86% 5,000,000.00 12,914,367.51 - - - 17,914,367.51 Investment Management Acct 1.35% 33,184.00 24,219,172.83 - - 24,252,356.83 Total Investments 37,133,540.34 5,033,184.00 - - - 42,166,724.34

CASH WITH FISCAL AGENT
US Bank varies - 4,899,540.59 141.08 (160,465.63) (290,000.00) 4,449,216.04 ① Wells Fargo Bank, N.A. 5.83% - 272,204.30 27.99 (87,200.00) (185,000.00) 32.29 ② Wilmington Trust, N. A. 0.03% - 0.70 - - - 0.70 ③
Total Cash with Fiscal Agent 5,171,745.59 - 169.07 (247,665.63) (475,000.00) 4,449,249.03 Grand Total 64,855,609.60 (5,611,458.56) (490,203.06) (247,665.63) (475,000.00) 58,031,282.35 Completed By:Reviewed By: Nathan Statham-Finance Director

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of June 30, 2022
Fiscal Year 2021-2022

DESCRIPTION
E. Stoddard

Item 13.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED /  PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 5/31/2022 (WITHDRAWALS) CHANGE IN VALUE INTEREST PRINCIPAL 6/30/2022

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of June 30, 2022
Fiscal Year 2021-2022

DESCRIPTION
CASH WITH FISCAL AGENTUS BANK
COACHELLA WATER AUTHORITY
CITY OF COACHELLA WATER: WATER REFUNDING BONDS 2012 SERIESA/C #: 6712016201 Bond Fund 0.03% - 0.39 - - - 0.39 A/C #: 6712016202 Interest Account 0.03% - - - - - -A/C #: 6712016203 Principal Account 0.00% - 0.21 - - - 0.21A/C #: 6712016204 Reserve Fund 0.00% - - - - - - COACHELLA FINANCING AUTHORITY
Successor Agency to the Coachella Redevelopments Agency 2014 SeriesA/C #: 6712104701 Debt Service Fund 0.00% - 0.51 - - - 0.51 A/C #: 6712104702 Interest Account 0.00% - - - - - -A/C #: 6712104703 Principal Account 0.00% - - - - - -A/C #: 6712104704 Reserve Account 0.00% - 827,612.50 - - - 827,612.50 COACHELLA SANITARY DISTRICT
WASTEWATER SERIES 2015AA/C #: 6712148601 Bond Fund 0.00% - 21.20 0.01 - - 21.21 A/C #: 6712148602 Interest Account 0.00% - - - - - -
A/C #: 6712148603 Principal Account 0.00% - - - - - -A/C #: 6712148604 Reserve Account 0.00% - 310,175.00 - - - 310,175.00 A/C #: 6712148605 Redemption Fund 0.00% - - - - - -
COACHELLA SANITARY DISTRICT: PROJECT FUND 2011
A/C #: 6711963500 Project Fund 2011 0.0100% - 25,278.26 13.49 - - 25,291.75

Item 13.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED /  PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 5/31/2022 (WITHDRAWALS) CHANGE IN VALUE INTEREST PRINCIPAL 6/30/2022

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of June 30, 2022
Fiscal Year 2021-2022

DESCRIPTION
COACHELLA SUCCESSOR AGENCY
MERGED PROJECT AREAS BONDS 98 & 99: BONDS 2013A/C #: 6712071401 Interest Account 0.00% - 0.17 - - - 0.17 A/C #: 6712071402 Interest Account 0.00% - - - - - -A/C #: 6712071403 Principal Account 0.00% - - - - - -A/C #: 6712071404 Reserve Account 0.00% - 525,984.89 - - - 525,984.89 SA TO COACHELLA RDA REFUNDING BONDS SERIES 2016A & 2016B A/C #: 6712160601 Debt Service 0.00% - 1.32 - - - 1.32
A/C #: 6712160602 Interest Account 0.00% - - - - - -A/C #: 6712160603 Principal Account 0.00% - - - - - -A/C #: 6712160604 Reserve Account 0.00% - 2,147,669.03 - - - 2,147,669.03 COACHELLA LEASE BONDS 2016
A/C #: 6712179801 Payment Account 0.0000% (450,305.22) 450,305.44 127.53 - - 127.75 A/C #: 6712179802 Interest Account 0.0000% 160,305.22 160.41 0.05 (160,465.63) - 0.05 A/C #: 6712179803 Principal Account 0.0000% 290,000.00 - - - (290,000.00) - A/C #: 6712179804 Reserve Account 0.0000% - 612,331.26 - - - 612,331.26 TOTAL US BANK OF CALIFORNIA 4,899,540.59 ‐ 141.08 (160,465.63) (290,000.00) 4,449,216.04 ① WELLS FARGO BANK, N.A.

GAS TAX BONDS SERIES 2019A/C #: 83925300 Debt Service Fund 0.0000% - 4.30 2.15 - - 6.45 A/C #: 83925301 Interest Account 0.0000% - 87,200.00 8.28 (87,200.00) - 8.28 A/C #: 83925302 Principal Account 0.0000% - 185,000.00 17.56 - (185,000.00) 17.56 TOTAL WELLS FARGO BANK, N.A.          ‐ 272,204.30                         27.99                         (87,200.00)           (185,000.00)         32.29 ②

Item 13.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED /  PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 5/31/2022 (WITHDRAWALS) CHANGE IN VALUE INTEREST PRINCIPAL 6/30/2022

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of June 30, 2022
Fiscal Year 2021-2022

DESCRIPTION
WILMINGTON TRUST, N. A.

CITY OF COACHELLA TAXABLE PENSION OBLIGATION BONDSA/C #: 144613-001 Interest Account 0.03% - 0.70 - - - 0.70 A/C #: 144613-002 Principal Account 0.00% - - - - - -
TOTAL WILMINGTGON TRUST BANK, N.A. 0.70 ‐ ‐ ‐ ‐ 0.70 ③
TOTAL CASH WITH FISCAL AGENT - 5,171,745.59 169.07 (247,665.63) (475,000.00) 4,449,249.03

Item 13.

Managed Account Detail of Securities Held For the Month Ending June 30, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY NOTES
DTD 09/15/2019 1.500% 09/15/2022
912828YF1 140,000.00 AA+ Aaa 01/06/22 01/10/22 141,110.16 0.33 616.30 140,340.21 139,934.37

US TREASURY NOTES
DTD 07/15/2020 0.125% 07/15/2023
912828ZY9 1,270,000.00 AA+ Aaa 02/17/22 02/18/22 1,249,015.23 1.31 732.35 1,254,466.35 1,233,289.13

US TREASURY NOTES
DTD 08/01/2016 1.250% 07/31/2023
912828S92 140,000.00 AA+ Aaa 04/02/19 04/04/19 134,071.88 2.28 729.97 138,517.03 137,484.37

US TREASURY NOTES
DTD 11/15/2013 2.750% 11/15/2023
912828WE6 355,000.00 AA+ Aaa 03/06/19 03/08/19 358,591.60 2.52 1,246.84 356,052.53 353,835.17

US TREASURY NOTES
DTD 11/30/2016 2.125% 11/30/2023
912828U57 460,000.00 AA+ Aaa 01/07/19 01/09/19 451,770.31 2.52 827.94 457,617.72 454,609.35

US TREASURY NOTES
DTD 12/31/2018 2.625% 12/31/2023
9128285U0 70,000.00 AA+ Aaa 01/30/19 01/31/19 70,207.81 2.56 4.99 70,063.44 69,628.13

US TREASURY NOTES
DTD 05/01/2017 2.000% 04/30/2024
912828X70 350,000.00 AA+ Aaa 06/03/19 06/05/19 351,585.94 1.90 1,179.35 350,592.40 343,820.33

US TREASURY N/B NOTES
DTD 07/15/2021 0.375% 07/15/2024
91282CCL3 1,285,000.00 AA+ Aaa 02/17/22 02/18/22 1,248,206.84 1.59 2,223.01 1,253,780.29 1,218,742.19

US TREASURY NOTES
DTD 07/31/2017 2.125% 07/31/2024
9128282N9 125,000.00 AA+ Aaa 08/01/19 08/05/19 126,933.59 1.80 1,107.99 125,807.61 122,792.98

US TREASURY NOTES
DTD 08/31/2017 1.875% 08/31/2024
9128282U3 165,000.00 AA+ Aaa 09/03/19 09/05/19 169,299.02 1.33 1,034.05 166,868.73 161,081.25

US TREASURY NOTES
DTD 10/02/2017 2.125% 09/30/2024
9128282Y5 295,000.00 AA+ Aaa 10/01/19 10/03/19 303,815.43 1.50 1,575.75 298,972.74 289,468.75

US TREASURY NOTES
DTD 10/31/2019 1.500% 10/31/2024
912828YM6 195,000.00 AA+ Aaa 01/11/21 01/12/21 203,630.27 0.33 492.80 200,303.76 188,357.81

US TREASURY NOTES
DTD 11/30/2017 2.125% 11/30/2024
9128283J7 425,000.00 AA+ Aaa 01/03/20 01/07/20 434,844.73 1.63 764.94 429,859.08 416,101.56

US TREASURY NOTES
DTD 11/30/2017 2.125% 11/30/2024
9128283J7 580,000.00 AA+ Aaa 12/02/19 12/04/19 591,917.19 1.69 1,043.92 585,772.29 567,856.25

Item 13.

Managed Account Detail of Securities Held For the Month Ending June 30, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B NOTES
DTD 01/15/2022 1.125% 01/15/2025
91282CDS7 1,265,000.00 AA+ Aaa 02/17/22 02/18/22 1,244,888.48 1.69 6,565.25 1,247,407.15 1,206,098.44

US TREASURY NOTES
DTD 02/17/2015 2.000% 02/15/2025
912828J27 130,000.00 AA+ Aaa 03/02/20 03/04/20 137,205.86 0.85 976.80 133,824.01 126,648.44

US TREASURY NOTES
DTD 08/31/2020 0.250% 08/31/2025
91282CAJ0 555,000.00 AA+ Aaa 08/02/21 08/06/21 548,799.61 0.53 463.76 550,172.37 508,085.18

US TREASURY NOTES
DTD 09/30/2020 0.250% 09/30/2025
91282CAM3 460,000.00 AA+ Aaa 09/07/21 09/09/21 452,273.44 0.67 289.07 453,811.45 420,109.35

US TREASURY NOTES
DTD 10/31/2020 0.250% 10/31/2025
91282CAT8 350,000.00 AA+ Aaa 03/01/22 03/01/22 333,361.33 1.59 147.42 334,876.19 318,882.83

US TREASURY NOTES
DTD 10/31/2020 0.250% 10/31/2025
91282CAT8 410,000.00 AA+ Aaa 10/04/21 10/06/21 401,319.53 0.78 172.69 402,885.05 373,548.46

US TREASURY NOTES
DTD 11/30/2020 0.375% 11/30/2025
91282CAZ4 210,000.00 AA+ Aaa 11/02/21 11/03/21 204,659.77 1.01 66.70 205,521.10 191,789.05

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
91282CBC4 190,000.00 AA+ Aaa 04/05/21 04/07/21 185,494.92 0.89 1.94 186,667.44 173,107.82

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
91282CBC4 350,000.00 AA+ Aaa 01/11/21 01/12/21 347,867.19 0.50 3.56 348,496.22 318,882.83

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 160,000.00 AA+ Aaa 05/03/22 05/04/22 145,500.00 2.95 250.28 146,114.77 145,450.00

US TREASURY NOTES
DTD 01/31/2019 2.625% 01/31/2026
9128286A3 255,000.00 AA+ Aaa 02/04/21 02/08/21 282,063.87 0.47 2,792.14 274,501.47 251,294.54

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 270,000.00 AA+ Aaa 02/26/21 02/26/21 264,410.16 0.80 422.34 265,931.84 245,446.87

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 475,000.00 AA+ Aaa 07/02/21 07/07/21 465,871.09 0.80 743.01 467,834.71 431,804.69

US TREASURY NOTES
DTD 01/31/2021 0.375% 01/31/2026
91282CBH3 1,320,000.00 AA+ Aaa 02/17/22 02/18/22 1,246,626.56 1.84 2,064.78 1,253,389.32 1,199,962.50

Item 13.

Managed Account Detail of Securities Held For the Month Ending June 30, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY NOTES
DTD 02/28/2021 0.500% 02/28/2026
91282CBQ3 310,000.00 AA+ Aaa 03/05/21 03/09/21 305,676.95 0.79 518.07 306,816.60 282,487.50

US TREASURY NOTES
DTD 02/28/2021 0.500% 02/28/2026
91282CBQ3 630,000.00 AA+ Aaa 12/03/21 12/07/21 613,019.53 1.15 1,052.85 615,285.06 574,087.50

US TREASURY N/B NOTES
DTD 05/31/2021 0.750% 05/31/2026
91282CCF6 290,000.00 AA+ Aaa 06/02/21 06/04/21 289,365.62 0.79 184.22 289,502.11 265,304.70

US TREASURY N/B NOTES
DTD 05/31/2021 0.750% 05/31/2026
91282CCF6 325,000.00 AA+ Aaa 06/06/22 06/08/22 297,857.42 2.99 206.46 298,287.07 297,324.24

US TREASURY N/B NOTES
DTD 09/30/2021 0.875% 09/30/2026
91282CCZ2 300,000.00 AA+ Aaa 04/05/22 04/07/22 276,222.66 2.77 659.84 277,457.28 273,984.36 Security Type Sub-Total 14,110,000.00 13,877,483.99 1.46 31,161.38 13,887,795.39 13,301,300.94 Supra-National Agency Bond / Note

INTL BK RECON & DEVELOP NOTES
DTD 11/24/2020 0.250% 11/24/2023
459058JM6 150,000.00 AAA Aaa 11/17/20 11/24/20 149,677.50 0.32 38.54 149,849.50 144,444.90

INTER-AMERICAN DEVEL BK NOTES
DTD 09/23/2021 0.500% 09/23/2024
4581X0DZ8 300,000.00 AAA Aaa 09/15/21 09/23/21 299,778.00 0.52 408.33 299,834.92 283,613.40 Security Type Sub-Total 450,000.00 449,455.50 0.46 446.87 449,684.42 428,058.30 Municipal Bond / Note

CA ST TXBL GO BONDS
DTD 10/24/2019 2.400% 10/01/2023
13063DRJ9 190,000.00 AA- Aa2 10/16/19 10/24/19 193,801.90 1.87 1,140.00 191,208.25 188,077.20

MS ST TXBL GO BONDS
DTD 08/06/2020 0.565% 11/01/2024
605581MZ7 200,000.00 AA Aa2 07/24/20 08/06/20 200,000.00 0.57 188.33 200,000.00 186,472.00

OR ST DEPT TRANS TXBL REV BONDS
DTD 09/17/2020 0.566% 11/15/2024
68607DVA0 135,000.00 AAA Aa1 09/11/20 09/17/20 135,000.00 0.57 97.64 135,000.00 126,756.90

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
341271AD6 40,000.00 AA Aa3 09/03/20 09/16/20 40,282.80 1.11 251.60 40,177.21 37,492.00

Item 13.

Managed Account Detail of Securities Held For the Month Ending June 30, 2022 CITY OF COACHELLA - OPERATING PORTFOLIO - 995343 - (14201484) Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Municipal Bond / Note

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
341271AD6 110,000.00 AA Aa3 09/03/20 09/16/20 110,000.00 1.26 691.90 110,000.00 103,103.00

LOS ANGELES CCD, CA TXBL GO BONDS
DTD 11/10/2020 0.773% 08/01/2025
54438CYK2 80,000.00 AA+ Aaa 10/30/20 11/10/20 80,000.00 0.77 257.67 80,000.00 74,064.00

NJ TURNPIKE AUTHORITY TXBL REV BONDS
DTD 02/04/2021 1.047% 01/01/2026
646140DP5 40,000.00 AA- A1 01/22/21 02/04/21 40,000.00 1.05 209.40 40,000.00 36,524.40 Security Type Sub-Total 795,000.00 799,084.70 1.06 2,836.54 796,385.46 752,489.50 Federal Agency Commercial Mortgage-Backed Security
FHLMC SERIES K721 A2
DTD 12/01/2015 3.090% 08/01/2022
3137BM6P6 13,727.25 AA+ Aaa 04/04/18 04/09/18 13,844.14 2.88 35.35 13,729.55 13,703.63

FHLMC MULTIFAMILY STRUCTURED P
DTD 12/01/2012 2.307% 08/01/2022
3137AWQH1 76,728.99 AA+ Aaa 09/04/19 09/09/19 77,861.94 1.78 147.51 76,762.22 76,536.25

FANNIEMAE-ACES
DTD 04/01/2014 3.346% 03/01/2024
3136AJB54 74,698.21 AA+ Aaa 12/13/19 12/18/19 78,328.08 2.14 208.28 76,138.33 74,343.52 FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
3137BGK24 110,000.00 AA+ Aaa 03/19/20 03/25/20 115,448.44 1.95 280.68 112,813.33 109,501.62 Security Type Sub-Total 275,154.45 285,482.60 2.00 671.82 279,443.43 274,085.02 Federal Agency Bond / Note

FANNIE MAE NOTES
DTD 05/22/2020 0.250% 05/22/2023
3135G04Q3 255,000.00 AA+ Aaa 05/20/20 05/22/20 254,232.45 0.35 69.06 254,772.19 249,292.85

FREDDIE MAC NOTES
DTD 06/11/2018 2.750% 06/19/2023
3137EAEN5 325,000.00 AA+ Aaa 01/07/19 01/09/19 327,281.50 2.58 297.92 325,496.53 324,601.23

FREDDIE MAC NOTES
DTD 06/26/2020 0.250% 06/26/2023
3137EAES4 175,000.00 AA+ Aaa 06/24/20 06/26/20 174,489.00 0.35 6.08 174,832.00 170,525.25

FANNIE MAE NOTES
DTD 07/10/2020 0.250% 07/10/2023
3135G05G4 280,000.00 AA+ Aaa 07/08/20 07/10/20 279,398.00 0.32 332.50 279,794.39 272,483.68