Coachella City Council
March 12, 2025

Item 11.
2 ORANGE\CCAMPOS\34530. 2 BBK: MARCH 2007
provisions of the Agreement shall remain unchanged and in full force and effect. From and after the date of this Amendment No.2, whenever the term "Agreement" appears in the Agreement, it shall mean the Agreement as amended by this Amendment No.2.

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

3.5 Counterparts. This Amendment No.2 may be executed in duplicate originals, each of which is deemed to be an original, but when taken together shall constitute but one and the same instrument.

IN WITNESS WHEREOF, the parties have executed this Amendment. No. 2 as of the date first written above.

THE CITY OF COACHELLA VINTAGE LANDSCAPE
By:
_____________________________ By:__________________________ William B. Pattison, Jr.

City Manager
Attest:
____________________________
City Clerk
Approved as to Form:
____________________________
BB&K, City Attorney

Item 11.
3 ORANGE\CCAMPOS\34530. 2 BBK: MARCH 2007
EXHIBIT “C”

COMPENSATION
 Monthly = $5,201.50
 Annual = $62,418.00 + 15% contingency = NTE $71,780.70  Four Year Term NTE = $274,640.70

Item 11.

STAFF REPORT
3/12/2025
TO: Honorable Mayor and City Council Members
FROM: Celina Jimenez, Director of Economic Development
SUBJECT: Adopt Resolution No. 2025-12 Authorizing the Mayor, or their Designee(s), to Submit an Application to the California Department of Housing and Community Development for Funding Under the Home Investment Partnerships Program; and if Selected, the Execution of a Standard Agreement, Any Amendments Thereto, and of Any Related Documents Necessary to Participate in the Home Investment Partnerships Program
STAFF RECOMMENDATION:

Staff recommends that the City Council consider adopting Resolution No. 2025-2012 authorizing the Mayor, or their designee(s), to submit an application to the California Department of Housing and Community Development for funding under the Home Investment Partnerships Program; and if selected, the execution of a standard agreement, any amendments thereto, and of any related documents necessary to participate in the Home Investment Partnerships Program.

BACKGROUND:

On December 30, 2024, the California Department of Housing and Community Development announced the release of the Notice of Funding Availability (NOFA) for the Home Investment Partnerships Program. To be considered for HOME funding, Applicants must submit a complete application for each HOME project activity and/or program activity through a main application with required documentation via the eCivis Grants Management System (“GMS”) Portal only. For cities, counties, CHDOs, and Developers, each completed application package must be submitted no later than 5:00 P.M. Pacific Daylight Time (PDT) on May 22, 2025.

HOME is the largest Federal block grant to State and local governments designed exclusively to create affordable housing for low-income households. These Participating Jurisdictions (PJs) often work in partnership with local nonprofit groups called Community Housing Development Organizations (CHDOs) to fund a wide range of activities that build, buy, and/or rehabilitate affordable housing for rent, homeownership or provide direct rental assistance to low-income people. The County of Riverside has been an active participant since the inception of the HOME Program in 1992. The program's flexibility allows local governments to use HOME PI funds for loans. The City of Coachella currently participates in the County’s Urban County Program, which allows the County to manage Community Development Block Grant (CDBG) and HOME

Item 12.

Investment Partnerships Program funds on the City’s behalf.

The County of Riverside Housing and Workforce Solutions has the capacity to administer the City’s HOME program income funds and assume full responsibility for all required reporting to the California Department of Housing and Community Development (HCD). This arrangement would streamline project management and ensure compliance with State reporting requirements.

This option would require for the City to enter into a formal partnership with the County through a Memorandum of Understanding (MOU) to define the roles and responsibilities of both parties in administering projects funded with HOME program income funds.

DISCUSSION/ANALYSIS:

On February 12, 2025, the City Council approved the authorization for the City Manager to enter into an agreement with the County of Riverside Housing and Workforce Solutions for $1,610,000 to administer the HOME Program Income funds for the development of 24 single-family detached homes through the Coachella Valley Housing Coalition. These lots are located in the existing Mariposa Point single family subdivision in the City of Coachella. The project will allow the City to provide much-needed homeownership opportunities for low-income residents.

Adopting the proposed resolution grants the City Manager the authority to submit the HOME application on behalf of the City and to execute all necessary agreements. This delegation of authority is required by HCD to ensure timely implementation of the program.

FISCAL IMPACT:

The City’s HOME Program Income fund balance is $1,786,611 and will draw down $1,610,000 and the City will retain $176,611.

ALTERNATIVES:

1. Adopt Resolution No. 2025-12 Authorizing the Mayor, or their Designee(s), to Submit an Application to the California Department of Housing and Community Development for Funding Under the Home Investment Partnerships Program; and if Selected, the Execution of a Standard Agreement, Any Amendments Thereto, and of Any Related Documents Necessary to Participate in the Home Investment Partnerships Program

2. Not Adopt Resolution No. 2025-12 Authorizing the Mayor, or their Designee(s), to Submit an Application to the California Department of Housing and Community Development for Funding Under the Home Investment Partnerships Program; and if Selected, the Execution of a Standard Agreement, Any Amendments Thereto, and of Any Related Documents Necessary to Participate in the Home Investment Partnerships Program ATTACHMENTS:

Resolution No. 2025-12

Item 12.

RESOLUTION NO. 2025-12

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

COACHELLA AUTHORIZING THE MAYOR, OR THEIR DESIGNEE(S),

TO SUBMIT AN APPLICATION TO THE CALIFORNIA DEPARTMENT

OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING
UNDER THE HOME INVESTMENT PARTNERSHIPS PROGRAM; AND

IF SELECTED, THE EXECUTION OF A STANDARD AGREEMENT, ANY

AMENDMENTS THERETO, AND OF ANY RELATED DOCUMENTS

NECESSARY TO PARTICIPATE IN THE HOME INVESTMENT
PARTNERSHIPS PROGRAM.

WHEREAS, The California Department of Housing and Community Development (the “Department”) is authorized to allocate HOME Investment Partnerships Program (“HOME”) funds made available from the U.S. Department of Housing and Urban Development (“HUD”).

HOME funds are to be used for the purposes set forth in Title II of the Cranston-Gonzalez National Affordable Housing Act of 1990, in federal implementing regulations set forth in Title 24 of the Code of Federal Regulations, part 92, and in Title 25 of the California Code of Regulations commencing with section 8200; and
WHEREAS, On December 30, 2024 the Department issued a Notice of Funding Availability announcing the availability of funds under the HOME program (the “NOFA”).; and WHEREAS, In response to that HOME NOFA, the City of Coachella a municipal corporation (the “Applicant”), wishes to apply to the Department for, and receive an allocation of, HOME funds.; and
NOW, THEREFORE, BE IT RESOLVED, DETERMINED, AND ORDERED by the City Council of the City of Coachella, as follows:

Section 1. In response to the above-referenced HOME NOFA, the Applicant shall submit an application to the Department to participate in the HOME program and for an allocation of funds not to exceed One Million, Six Hundred Ten Thousand Dollars ($1,610,000) for the following activities and/or programs:

Funds will be used to enter into an agreement with the County of Riverside Housing and Workforce Solutions to administer the program funds for the development of 24 singlefamily detached homes through Coachella Valley Housing Coalition for low-income, firsttime homebuyer households to be located in the City of Coachella.

Section 2. CEQA. If the application for funding is approved, then the Applicant hereby agrees to use the HOME funds for eligible activities in the manner presented in its application HOME Authorizing Resolution Instructions and Template effective 1/29/2024 as approved by the Department in accordance with the statutes and regulations cited above. The Applicant will also execute a Standard Agreement, any amendments thereto, and any and all other

Item 12.
documents or instruments necessary or required by the Department or HUD for participation in the HOME program (collectively, the required documents).

Section 3. The Applicant authorizes the Mayor or their designee(s) to execute, in the name of the Applicant, the HOME Standard Agreement. 1, 2, 3 Section 4. The Applicant authorizes the Mayor or their designee(s) to execute, in the name of the Applicant, all other required documents. 2, 3, 4 Footnotes:

1. For cities, this must be the Mayor or Mayor pro tempore unless there's a city ordinance authorizing/designating a different officer to sign contracts on behalf of the city.

2. For counties, cities, and Native American Entities applying for Program Activities, the Department recommends that only titles, without names, be inserted in Sections 3 and 4 above, to avoid the need for an additional authorizing resolution whenever a personnel change occurs.

3. For CHDOs, developers, and Native American Entities applying for Project Activities as a developer, both a title and name must be included. CHDOs must also provide both for Program Activities.

4. Section 4 above is for all applicants who desire that a different, or additional signatories, be authorized to sign documents other than the HOME Standard Agreement.

PASSED, APPROVED and ADOPTED this 12th day of March, 2025. ___________________________________
Steven A. Hernandez
Mayor
ATTEST:
___________________________________
Angela M. Zepeda
City Clerk
APPROVED AS TO FORM:
___________________________________
Ryan Guiboa
City Attorney

Item 12.

STATE OF CALIFORNIA

COUNTY OF RIVERSIDE

CITY OF COACHELLA
)
) ss.
)
I HEREBY CERTIFY that the foregoing Resolution No. 2025-12 was duly adopted by the City Council of the City of Coachella at a regular meeting thereof, held on the 12th day of March, 2025, by the following vote of Council:

AYES:

NOES:

ABSENT:

ABSTAIN:
___________________________________
Delia Granados
Deputy City Clerk

Item 12.

STAFF REPORT
3/12/2025
TO: Honorable Mayor and City Council Members
FROM: Jaime Arroyo, Grants Manager
SUBJECT: Authorize a Community-Based Grant to the Shay’s Warriors Life After Cancer in the Amount of $1,000 to Support its CONNECTION Series Program STAFF RECOMMENDATION:

Staff recommends that the City Council consider awarding a Community-Based Grant to the Shay’s Warriors Life After Cancer in the amount of $1,000 to support its CONNECTION Series Program.

BACKGROUND:

Shay’s Warriors Life After Cancer was formed in the Coachella Valley to help the cancer survivorship community. Over time, they have developed a community for men and women to share their experiences and support each other in overcoming the trauma and post-traumatic stress disorder from cancer, whether after treatment or during ongoing diagnosis, with those who truly understand. Shay’s vision centers on the belief that no cancer survivor should lack ongoing support from a community that understands and helps each other in the healing process. Their mission is to inspire, inform, empower and heal cancer survivors and their families through health, fitness and the mind-body connection.

DISCUSSION/ANALYSIS:

Shay’s Warriors was established in hopes of providing a healthy, inspiring, and safe space for all cancer survivors to thrive and connect. This includes Coachella residents of all age groups and genders who are cancer survivors. By helping survivors move forward in healing, both emotionally and physically, Shay’s has created a supportive community throughout the Coachella Valley. The funding requested would go towards supporting the Shay’s Warriors’ CONNECTION series. This series includes “Coffee & Connection,” various get-togethers that take place the first Saturday of every month where survivors take part in early morning activities, such as hiking, running, yoga, etc. and afterwards, are provided coffee courtesy of Shay’s Warriors. Through this series, cancer survivors are able to connect and share with others who understand what they are going through.

Item 13.

ALTERNATIVES:

1. Award a Community Based Grant in the amount of $1,000

2. Do not award a Community Based Grant
FISCAL IMPACT:

Should the City Council approve the staff recommendation, the Community-Based Grant Program account will be reduced by $1,000.

ATTACHMENT(S):

CBG Application Packet

Item 13.

CITY OF COACHELLA, CA

COMMUNITY BASED GRANT PROGRAM

APPLICATION FOR FUNDS REQUEST
Please Type Information and Print
Information entered in the provided spaces cannot be saved. (Attach additional pages as needed, however applicants are encouraged to be brief.)

1. Application Funding Cycle: Date:

July 1, 20 - June 30, 20

2. Total Amount Requested: $
If requesting waiver of City fees or charges, please indicate the City service for which the waiver is being requested.

3. Proposed Program/Service of Funding Request:

4. Agency/Organization:

5. Mailing Address:

City: Zip:

6. Telephone:

Fax:

7. Official Contact Person:

Name:

Title:

Telephone:

Fax:

E-mail:
12/11/2024
24 25
1000.00
Shay's Warriors Life after Cancer
42215 Washington Street, Ste A389
Palm Desert 92211
(760) 895-1705
Shay Moraga
Executive Director
(760) 895-1705
[email protected]
Our cancer survivorship monthly recurring programming and services/ Docusign Envelope ID: D3A9A055-8579-4699-B01A-43ABA69B21AA

Item 13.

8. Does this organization have a non-profit status with the Internal Revenue Service (IRS)? Yes No (Attach documentation)

9. How long has this organization been in existence?

10. Has the organization previously received funding from the City of Coachella? Yes No
If yes, please identify the program/service, total prior grant allocation, and the fiscal year in which the funds were received.

11. Is this request for a New or Existing program/service within the City?

12. What is the anticipated time frame to provide the proposed program/service and the expenditure of the requested funds?

13. Describe briefly how the requested funds will be used.

14. Will the program/service require additional funding sources? If so, identify all funding sources and provide the steps taken to acquire funding.

15. If the program/service is planned to continue beyond the period provided by this grant, what funding plans are there to sustain the program/service?

16. How will the proposed program/service serve City of Coachella residents? Will the proposed program/service also serve non-Coachella residents? Please describe.

17. Describe the characteristics of the clients the proposed program/service anticipates to serve (i.e. age group, gender, income level, ethnicity, etc.)

18. Attach a proposed budget for requested funds.

Authorized Official: Title:

Signature: Date:

Since November 2018
6 months
We will use the funds for our CONNECTION series includes "Coffee & Connection" where survivors get together for early morning activities (hiking, running, yoga, etc.) followed by coffee on us!
Yes, we actively work to raise funds including;
Fundraising Private Donations
Grants Merchandise
Our entire voluntary Board of Directors and our volunteers work to raise funds throughout the year.

We serve Coachella residents who are cancer survivors through helping move forward in healing emotionally and physically, while providing a supportive community of others who have lived and understand their journey.

All age groups, genders, income levels and ethnicity are impacted by cancer.

Shay Moraga Executive Director
Docusign Envelope ID: D3A9A055-8579-4699-B01A-43ABA69B21AA 2/19/2025

Item 13.

Item 13.

Item 13.

Shay's Warriors Life After Cancer CONNECTION
Budget 2024-2025

REVENUE PROGRAMS
C&C
General Donations/Partnerships (Indiv or Corporate, incl in kind) $29,100 Direct Sponsorships $7,400
Grants $8,500
Fiscal Year Revenue $ 45,000

EXPENSES
C&C
Decor/Supplies/Other $80
Food & Beverage $2,640
Gifts/Attendee Swag $1,200
Printing/Copying (general printing, not adv) $80
Professional Fees - Programming $41,000
Fiscal Year Expenses $ 4,000
NET PROFIT/LOSS $ 41,000

Item 13.
1 Jaime Arroyo
From: Donate Warrior <[email protected]>
Sent: March 03 25 12:48 PM
To: Jaime Arroyo
Subject: Re: City of Coachella Community Based Grant Program Application hi Jaime
thank you. Will you accept the below donation made?
thank you
Awesome
---------- Forwarded message ---------
From: Stripe <[email protected]>
Date: Fri, Feb 7, 2025 at 4:20 PM
Subject: Payment of $3,108.81 from David Colby for Shay's Warriors - life after cancer

Congratulations, Shay's Warriors -
life after cancer!

You've just received a payment through Stripe.

PAYMENT

$3,108.81 — Give Lively / Smart Donations

CUSTOMER

David Colby
Shay's Warriors - Life After Cancer
Visit our Website - connect with our community
Mailing: 42-215 Washington Street, Suite A389 - Palm Desert - CA - 92211 Office: (760) 895-1705

Item 13.

STAFF REPORT
3/12/2025
TO: Honorable Mayor and City Council Members
FROM: Celina Jimenez, Director of Economic Development
SUBJECT: Adopt Ordinance No. 1222 Enacting Updated Regulations for Short-Term Vacation Rentals in the City of Coachella.

STAFF RECOMMENDATION:

Adopt Ordinance No. 1222 an ordinance of the City Council of the City of Coachella amending chapter 5.80 (“Regulation of Short-Term Vacation Rentals”) of Title 5 (“Business Licenses and Regulations”) of the Coachella Municipal Code to amend and update the City’s regulations of short-term vacation rentals.

BACKGROUND:

At the July 10, 2024 Study Session, the City Council discussed potential amendments to the City’s short-term vacation rental regulations and directed staff to return with an ordinance providing updates to those regulations. At the City Council meeting of February 26, 2025, the City Council introduced and waived further reading of Ordinance No. 1222.

DISCUSSION/ANALYSIS:

Per the Council’s direction, staff drafted the attached ordinance for their consideration. Many of the amendments are simply technical updates to clarify existing terms. However, a number of policy amendments were made as well, which are summarized in more detail in the Council staff report from February 26, 2025.

At the City Council meeting of February 26, 2025 the Council voted to introduce Ordinance No. 1222 and staff is now bringing back this ordinance for adoption at this City Council meeting of March 12, 2025.

FISCAL IMPACT:

None.

Item 14.

ALTERNATIVES:

The City Council has the following alternatives to consider:

1. Adopt Ordinance No. 1222;

2. Provide alternate direction to staff.

ATTACHMENTS:

1. Ordinance No. 1222

2. Map of Short-Term Vacation Rentals by Neighborhood

Item 14.

ORDINANCE NO. 1222

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
COACHELLA, CALIFORNIA, AMENDING CHAPTER 5.80
(“REGULATION OF SHORT-TERM VACATION RENTALS”) OF TITLE
5 (“BUSINESS LICENSES AND REGULATIONS”) OF THE COACHELLA MUNICIPAL CODE TO AMEND AND UPDATE THE CITY’S
REGULATIONS OF SHORT-TERM VACATION RENTALS.

WHEREAS, pursuant to Chapter 5.80 of Title 5 of the Coachella Municipal Code (C.M.C. §§5.80.005 through 5.80.160), the City currently licenses owners of certain residential dwelling units within the City to lease all or some of their property as short-term vacation rentals, for a term of 30 or fewer consecutive days, subject to those conditions and regulations as provided in Chapter

5.80; and
WHEREAS, at a duly noticed public meeting on November 29, 2023, the City of Coachella Planning Commission discussed various policy issues regarding short-term vacation rentals in the City and potential amendments to the City’s short-term vacation rental regulations which recommendations were forwarded on to the City Council; and WHEREAS, at a duly noticed public Study Session on July 10, 2024, the City Council discussed policy issues and potential amendments to the City’s short-term vacation rental regulations; and
WHEREAS, as part of discussions with residents and interested parties in the City, the City Council hereby adopts these amendments to the City’s regulations for short-term vacation rentals.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COACHELLA, CALIFORNIA, DOES ORDAIN AS FOLLOWS:

SECTION 1. AMENDMENT TO MUNICIPAL CODE. Chapter 5.80 of Title 5 of the Coachella Municipal Code is hereby amended to read as follows:
(Note: strikeout is deleted text and bold underlined is new text) “Title 5 Business Licenses and Regulations
Chapter 5.80 Regulation of Short-Term Vacation Rentals

Item 14.

City of Coachella
Ordinance No. 1222

Section 5.80.005. Purpose.

A. The purpose of this chapter is to establish regulations for the use of privately owned residential dwelling units as short term vacation rentals to minimize secondary impacts of such uses on surrounding residential neighborhoods and to ensure the collection and payment of transient occupancy taxes.

B. This chapter is not intended to provide any owner of residential property with the right or privilege to violate any private conditions, covenants and restrictions applicable to the owner's property that may prohibit the use of such owner's residential property for short term rental purposes as defined in this chapter.

Section 5.80.010. Definitions.

The definitions set forth in this section shall govern the meaning and construction of the words and phrases used in this chapter, except where the context of such words and phrases clearly indicates a different meaning or construction.
“Agent” means a person or entity, who does not hold any interest in the property and who has authority to act on behalf of the owner pursuant to Section 5.80.040. “Annual permit” means an annual permit issued by the city to allow an owner to rent a short term vacation rental pursuant to the regulations contained in this chapter. An annual permit shall have a term of one (1) year from issuance and then must be renewed as provided herein.
"Bedroom" shall mean an area of room within a short-term vacation rental normally occupied and being heated or cooled by any equipment for human habitation, which consists of four walls to the ceiling, at least one of which is located along an exterior wall with a window, and contains a built-in closet designed primarily for sleeping purposes that meets the definition of the applicable California Building, Housing and related Codes currently adopted by the City.
“Good neighbor guidelines” means a document or documents prepared by the city that summarizes the general rules of conduct, consideration, and respect, including, without limitation, provisions of this Code and other applicable laws, rules or regulations pertaining to the use and occupancy of short-term vacation rentals. “Hosting platform” or “hosting site” means a person or entity who participates in leasing short-term vacation rentals by collecting or receiving a fee, directly or indirectly through an agent or intermediary, for conducting a booking transaction using any medium of facilitation. Examples include, but are not limited to, VRBO.com, Airbnb.com, homestay.com and other internet and non-internet based services that facilitate bookings for a fee.
"Owner of a short-term vacation rental" or “owner” shall mean the person(s) or entity(ies) that hold(s) record legal and or equitable title to the subject short term vacation rental.

Item 14.

City of Coachella
Ordinance No. 1222

As used in this chapter, the term "owner" shall include owner's authorized representative or agent as set forth in Section 5.80.040.
“Responsible party” means the lessee of a short-term vacation rental property, as set forth in any rental oral or written contract.
“Seasonal permit” means a limited-time permit issued by the city to allow an owner to rent a short term vacation rental at the owner’s primary residence pursuant to the regulations contained in this chapter. A seasonal permit shall have a limited term from March 1 to June 1 in any year and shall not allow renting of the subject short term vacation rental during any other time of year. A seasonal permit then must be renewed as provided herein to be used during the limited time period in a subsequent year. "Short-term vacation rental" shall mean a "dwelling unit" in a residential property as defined by the city's zoning ordinance, or any portion thereof, that is rented by the owner to another party for a period of not more than thirty (30) consecutive days in exchange for any form of monetary or non-monetary consideration such as but not limited to trade, fee, swap or any other means lieu of cash payments. A hotel or motel room, porch, canopy, tent, “pop-up”, or other structure that is not a “dwelling unit”, shall not constitute a short-term vacation rental.

Section 5.80.020. Administration.

The provisions of this chapter shall be administered by the finance director or such other city employee as may be designated by the city manager, hereinafter referred to as the "permit administrator". In order to facilitate orderly administration of this chapter, the permit administrator shall have the authority to make interpretations and to promulgate administrative regulations consistent with the provisions of this chapter for the purpose of interpreting, clarifying, carrying out, furthering and enforcing the requirements and provisions of this chapter.

A copy of such administrativeon regulations shall be on file in the office of the city clerk.

Section 5.80.030. Permit requirement.

A. No owner of a short-term vacation rental shall rent, offer to rent, or advertise for rent the short-term vacation rental to another person without a valid and active annual or seasonal permit approved and issued in the manner provided for by this chapter. The Annual permits shall have a term of one year from issuance and shall be required to be renewed on an annual basis in order to remain valid and active. Seasonal permits shall have a limited term from March 1 to June 1 of the year of issuance. Permits are non-transferrable. The permit shall be conspicuously posted inside the short-term vacation rental and, as set forth in Section 5.80.050, the City permit number shall be included on all advertisements or solicitations for the short-term vacation rental, including, but not limited to hosting sites, websites, social media postings, emails, and print advertisements.

B. No person shall rent, offer to rent, or advertise for rent a balcony, patio, porch, canopy, tent or other outdoor area of a short-term vacation rental property

Item 14.

City of Coachella
Ordinance No. 1222

("outdoor area") if such rental does not occur in connection with the rental of the remaining residence or dwelling unit, or indoor portion thereof, to which the outdoor area is attached.

C. No owner may hold more than five permits of any kind at any one time, except that an owner holding more than five permits as of April 1, 2025, may renew those permits unless they have been revoked or not renewed. This limit shall apply collectively to any corporation, partnership, limited liability company or business entity holding a permit as an owner under this Chapter and to any other corporation, partnership, limited liability company or business entity which is established by, owned by, controlled by, or otherwise affiliated with the permit holder. For example, if a corporation that holds five legal permits under this Chapter forms another business entity, that new business entity may not obtain a permit under this Chapter due to the collective limit already being reached.

D. The City many not issue annual permits to more than twenty percent (20%) of the residential dwelling units located within any neighborhood of the City.

1. For purposes of this subsection, a “neighborhood” shall be that area identified in a final recorded subdivision map as being in that neighborhood. If there is no final recorded subdivision map for a particular neighborhood, it shall be defined as the area identified in the official neighborhood map of the city.

2. If annual permits have already been issued to more than twenty percent (20%) of the residential dwelling units located within a particular neighborhood, the city shall issue no further annual permits for short term vacation rentals in that neighborhood until sufficient annual permits have expired or have been revoked to reduce the total of issued annual permits below this twenty percent (20%) limit.

3. This limit shall not apply to the issuance of seasonal permits, provided the owner otherwise meets the applicable requirements of this chapter.

CE. No person shall rent, offer to rent, or advertise for rent a dwelling unit, or any portion thereof, as a short-term vacation rental to any partnership, corporation, limited liability company, commercial enterprise, or similar entity.

DF. No person who has rented a short-term vacation rental shall sublease such dwelling unit, or any portion thereof, to any other person or entity.

EG. No person shall charge an admission fee or request or require a donation for entrance into any short-term vacation rental, independent of the lawful charges and fees for renting the short-term vacation rental.

Item 14.

City of Coachella
Ordinance No. 1222

Section 5.80.040. Authorized agent or representative.

A. An owner may authorize an agent or a representative to comply with the requirements of this chapter on behalf of the owner. ("agent") B. The owner shall give prior written notice to the city of any grant of such authority, including the identity and contact information for the agent. The owner shall promptly give the city written notice of any change to any such grant of authority.

BC. Notwithstanding subsection (A), the owner of the short-term vacation rental is responsible for compliance with the provisions of this chapter and the owner shall not be relieved from any personal responsibility and/or personal liability for noncompliance with any applicable law, rule or regulation pertaining to the use and occupancy of the subject short-term vacation rental unit, regardless of whether such non-compliance was committed by the owner's authorized agent or representative, a responsible party, or the occupants of the owner's short-term vacation rental unit or their guests. Failure of an agent to comply with this chapter shall be deemed non-compliance by the owner.

Section 5.80.050. Advertising shall include permit number.

A. No person shall offer to rent or advertise for rent a short-term vacation rental without including in the offer or advertisement (whether the advertisement is via website - based, hosting sites, social media posting, e-mail, print media, radio and/or television) the city permit number applicable to the property. in the form "Coachella Permit No._____." If the offer to rent or advertisement contains different sizes of type or fonts, the permit number shall be printed in the same size type as the large type used in the main body of the offer or advertisement. In the case of audio-only advertising, the city permit number shall be read as part of the advertising.

B. Any person advertising or causing the advertisement of a short-term vacation rental that contains information regarding the maximum overnight occupancy of the short-term vacation rental, shall advertise only the overnight maximum occupancy limit as set forth in the permit issued pursuant to this chapter.

Section 5.80.060. Short-term vacation rental permit applications.

A. The owner or the owner's agent shall submit an application for a new or renewed short-term vacation rental permit required by this chapter in a form required by the city and shall contain the following information and/or documents:

1. The name, address, and telephone number of the owner of the subject short-term vacation rental unit.

2. The name, address, and telephone number of the owner's authorized agent or representative for the subject short-term vacation rental, if any.

Item 14.

City of Coachella
Ordinance No. 1222

3. The name, address, and 24-hour telephone number of the local contact person or agent of the owner who is available twenty-four (24) hours per day, seven days per week for the purpose of responding in-person within forty-five (45) minutes to complaints regarding the occupancy, condition, operation, conduct or use of the short-term vacation rental as well as undertaking remedial action to resolve any such complaints and/or correct any violations ("local contact person"). The type of permit sought (annual or seasonal).

4. Verification that the local contact person can respond in-person to the site of the short-term vacation rental unit within forty-five (45) minutes.

54. The address of the proposed short-term vacation rental unit.

65. The number of bedrooms in the short-term vacation rental unit.

76. A nuisance response plan containing the information required by this chapter.

87. A copy of owner's transient occupancy registration certificate and city business license.

8. An agreement in a form approved by the city and signed by the owner, whereby the owner agrees to hold harmless and indemnify the city for any actual or alleged liability arising out of conduct occurring at or rental of a short-term vacation rental.

9. An insurance certificate or other written proof of not less than $1,000,000 comprehensive general liability insurance coverage in compliance with subsection .100(R) herein, to insure against claims or injuries to persons or damages to property which may arise from or in connection with conduct occurring at or rental of a short term vacation rental.

10. Such other information as the permit administrator deems reasonably necessary to administer this chapter.

B. Application Fee. The permit application and annual renewal applications shall be accompanied by an application fee in the amount established by resolution of the city council. Payment of tThe renewal fee shall be paid before a permit may be approved and before the short-term vacation rental unit may be subsequently rented. The fee shall be non-refundable and shall be sufficient to allow for comprehensive and complete enforcement of the regulations in this chapter.

C. If an owner submits a renewal application with the city prior to the permit’s expiration date, the permit shall remain valid until the city renders a decision on the permit renewal. Any renewal of an annual permit shall have a term of one (1) year following the date of expiration of the prior permit. Any

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renewal of a seasonal permit shall have a term from March 1 through June 1 for the upcoming year. If an owner seeking renewal of a permit fails to provide all required application information to the city within thirty (30) days following written demand by the city, the application for renewal shall be closed out, no permit renewal shall be issued, and the owner shall be required to submit a new application and fee to the city to seek a new permit.

CD. Change in Ownership. Within fourteen (14) days of Upon a change of property ownership, change of owner's agent or representative, or any other change in material facts pertaining to the information contained in the application, the permit shall automatically expire and the successor owner or successor owner's authorized agent or representative shall submit an application for a new permit, which must be obtained prior to continuing to rent the subject unit property as a short-term vacation rental. A change in ownership of a business entity that owns a short-term vacation rental property which is subject to property tax reassessment constitutes a change of ownership for the purposes of this provision and results in the expiration of the permit. Notwithstanding the above, a change of short-term vacation-rental ownership between family members or among spouses, including as a result of death or divorce or transfer to a personal or family trust, shall not result in expiration of a permit. “Family members” shall mean spouses, as well as biological or adopted children, parents, brothers/sisters, grandparents, grandchildren, uncles, aunts, nephews or nieces of the owner. An owner shall notify the City in writing of any change in ownership, whether or not resulting in expiration of the permit, not later than fourteen (14) days after the change.

Section 5.80.070. Content of nuisance response plans.

A. Each nuisance response plan accompanying an application for a permit required by this chapter shall contain the following information and otherwise be in a form required by the permit administrator.

1. The mailing address and telephone number of the owner or owners of the residential dwelling unit or units to be used as a short-term vacation rental pursuant to the permit;

2. The name, address and telephone number of the local contact person or persons who is will be available in person and by telephone 24 hours per day, and who will be responsible for responding to or causing a prompt response to a phone call by Code Enforcement within 15 minutes and within forty-five (45) minutes in person at the rental location to a nuisance or other complaint arising out of the occupancy, condition, operation or use of the short-term rental(s) by responsible parties, tenants occupants, their visitors and/or their guests and/or for undertaking remedial action to resolve any such nuisance or other complaint or correct a violation.

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a. No more than a total of three local contact persons shall be designated in the response plan; and
b. Only one such person shall be designated as the person responsible for responding to a nuisance or other complaint during any particular hours of the day, different days in a week, and/or different weeks of the year.

B. The manner of responding to or causing a response to a nuisance complaint, including but not limited to the manner in which the complainant or complainants will be notified of the response and the method of documenting prompt responses and timely corrective action.

CB. The manner of assuring timely corrective action to remedy the conditions that caused the nuisance or other complaint. For the purposes of this chapter, "timely corrective action" shall include, at a minimum, a telephone call to the primary occupant of the short-term vacation rental responsible party within fifteen (15) minutes of being informed by the City of the initial nuisance or other complaint; D. The proposed maximum number of overnight occupants, with supporting documentation identifying unusual size, interior layout, parking or other physical characteristics, if any, that support a request for occupancy greater than two persons plus two persons per bedroom.

Section 5.80.080. Amendment of response plans.

At any time following the issuance of a permit required by this chapter, the owner of the short-term vacation rental being operated pursuant to such permit may change the content of the nuisance response plan approved incident to the issuance of the permit by filing an amended response plan with the permit administrator. Such amended response plan shall contain all of the information and be in the form required by Section 5.80.070 of this chapter, and shall be accompanied by an amended response plan fee, if any, in an amount established by the resolution of the city council to recover the costs of review and enforcement of the nuisance response plan.

Section 5.80.090. Permit approval and issuance.

A. Upon receipt of an application for a permit required by this chapter, the permit administrator will review the application and supporting documents, and will approve and issue a permit to the owner of the property or properties that are the subject(s) of the application that authorizes the use and occupancy of such property as a short-term vacation rental if the permit administrator finds that the required application fee has been paid, the nuisance response plan submitted with the application conforms to the requirements of this chapter and the short-term vacation rental complies with the provisions of Section 5.80.100 of this chapter.

Any permit issued shall contain on its face its annual or seasonal status and the overnight maximum occupancy limit as determined by Section 5.80.100 of this chapter.

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B. An application may be denied if the applicant has had a prior short-term vacation rental application for the same unit revoked within the past twelve (12) calendar months. An application for a new or renewed permit may also be denied if the owner has any unpaid city taxes or fines outstanding that the owner is responsible for, if all administrative appeals have been exhausted, unless the owner has entered into an agreement with the city for payment of said taxes or fines that allows renewal of a permit.

C. In the event that a request is made by an applicant for increased overnight occupancy greater than the standard of two persons within each short-term vacation rental plus a number that will not exceed two persons per bedroom, as established by Section 5.80.100, the permit administrator may request an interior and/ or exterior site visit in order to verify the facts stated in the application and/ or may request additional written or photographic documentation from the owner.

The owner shall be present during any site visit. The permit administrator's determination on an application for increased occupancy shall be final. No hearing shall be required or conducted. The permit administrator shall be afforded broad discretion with respect to applications for increased occupancy. This chapter shall not be interpreted to create a property interest in potential increased occupancy.

Section 5.80.100. Operational requirements and performance standards established.

A. Each owner, and each tenant responsible party or occupant of a short-term vacation rental, shall at all times comply with or cause compliance with the operational and performance standards applicable to short-term vacation rentals they own, lease or occupy, as established by this section.

B. The owner and agent shall ensure that the short-term vacation rental complies with all applicable codes regarding fire, building and safety, and all other relevant laws and ordinances.

C. The owner shall require the responsible party primary overnight and daytime occupant of the short-term vacation rental to be an adult twenty-one (21) years of age or older ("primary occupant"). The primary occupant responsible party shall provide a telephone number to the owner and shall be accessible to the owner by telephone at all times.

D. Prior to occupancy, the owner or agent shall obtain the name, address, and driver's license number or a copy of the passport of the primary occupant of the short-term vacation rental responsible party. The owner or agent shall also provide to the responsible party a copy of the City’s good neighbor guidelines. The primary occupant responsible party is legally responsible for compliance of all occupants of the short-term vacation rental or their guests with all provisions of this chapter and/or the Coachella Municipal Code. This information shall be readily available upon request of any police officer or employee of the city authorized to enforce this chapter or state law.

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E. The owner shall limit overnight occupancy of the short-term vacation rental to the following:

1. the permitted number of occupants, with the maximum number of overnight occupants being two persons within each short-term vacation rental plus a number that will shall not exceed two persons per bedroom plus two additional persons within each short-term vacation rental ("overnight maximum occupancy limit"). The number of bedrooms in a short-term vacation rental shall be verified by the permit administrator using county assessor and/or city building records, prior to the issuance of a permit. The permit administrator in his/ her discretion may, when unusual size, interior layout, parking or other physical characteristics are shown, approve a greater maximum number of overnight occupants.

2. Notwithstanding the above, the city may permit increased overnight occupancy greater than the limits above for single family residential lots that are at least one-half (1/2) acre in area. An owner whose lot meets this criterion may apply to the city for increased overnight occupancy greater than the limits set forth above. The permit administrator may request an interior and/or exterior site visit in order to verify the facts stated in the application and/or may request additional written or photographic documentation from the owner to support the application for increased overnight occupancy. The owner shall be present during any site visit. The permit administrator may allow the increased overnight occupancy if he or she determines that it will not cause undue negative effects or otherwise be detrimental to the surrounding neighborhood. The permit administrator may impose reasonable time limits and conditions of approval for the increased overnight occupancy. The permit administrator's determination on an application for increased overnight occupancy shall be final. No hearing shall be required or conducted. The permit administrator shall be afforded broad discretion with respect to applications for increased overnight occupancy.

F. During the hours of 10:00 p.m. through 8:00 a.m. of the following day, the shortterm vacation rental shall not exceed the overnight maximum occupancy limit, except as allowed by the permit administrator pursuant to subsection (E) above.

G. Parking. One (1) vehicle per bedroom shall be permitted for the rented premises with a total maximum of four (4) vehicles on any rented premises.

All vehicles of occupants of the short-term residential rental shall be parked only in an approved driveway or garage on the Premises. For purposes of this chapter, a “vehicle” shall include passenger cars, trucks, towing trailers, boats and off-road vehicles. Notwithstanding the above, the permit administrator may allow for additional parking on the rented premises

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beyond these limits as part of an application for increased overnight occupancy under subsection (E) above.

GH. Trash and refuse shall not be left stored within public view, except in proper containers for the purpose of collection by the city's authorized waste hauler on scheduled trash collection days. The owner of the short-term vacation rental shall provide sufficient trash collection containers and service to meet the demand of the occupants. No trash container shall be placed in or adjacent to a street or public right-of-way for collection service more than twenty-four (24) hours prior to the normal collection time. Containers shall be removed from, within or adjacent to the street or right-of-way within twenty-four (24) hours after collection.

HI. Prior to the occupancy of a A short-term vacation rental may be rented pursuant to either an oral or written agreement between the owner and the responsible party shall enter into a written rental agreement with the primary occupant.

1. Each written rental agreement for a short-term vacation rental shall include the following terms, notifications and disclosures, which shall also be posted in a conspicuous location inside the unit:
a. The name, age, address of the primary occupant responsible party along with a copy of the primary occupant's responsible party’s government issued identification;
b. The maximum number of overnight occupants that are permitted pursuant to the overnight maximum occupancy limit set forth in the permit.
c. A list containing the names of all guests that will occupy the short term vacation rental provided to the owner by the primary occupant responsible party, including a list of their vehicles by make and model and license plate numbers.
d. An acknowledgment and agreement of the primary occupant responsible party that he or she is legally responsible for compliance of all occupants of the short-term vacation rental and their guests with all provisions of this chapter and/or the Coachella Municipal Code.
e. Notification, acknowledgement and agreement of the primary occupant responsible party that failure to comply with the maximum overnight occupancy limit and/or operational
requirements in the provisions of Section 5.80.100 and the subsequent refusal to comply with the instructions of the owner, agent and/or local contact person in order to remedy such violations, shall subject the primary occupant responsible party and his/her guests and/or other occupants to an immediate order to

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vacate the short-term vacation rental by the owner or local contact person in accordance with the provisions contained within the rental agreement.
f. The trash pick-up day and applicable rules and regulations pertaining to leaving or storing trash or refuse on the exterior of the property.
g. Notification that the responsible party and/or occupant(s) may be cited or fined by the city and/or immediately evicted by the owner or agent pursuant to state law, in addition to any other remedies available at law, for creating a disturbance or for violating any provisions of this chapter.
h. Notification that failure to conform to the overnight occupancy requirements of the short-term vacation rental is a violation of this chapter.
i. Notification that amplified sound, including radios, televisions and other electronic devices are subject to the city's noise ordinance as set forth in Coachella Municipal Code Chapter 7.04.
j. A notification about the prohibition on illegal loud parties, along with notification of the city' s right to recover the costs of special enforcement needed to address certain loud parties under the circumstances described in Coachella Municipal Code Sections

7.05.010 through 7.05.060.
k. A notification about the requirement that the occupant(s) participate in neighborhood quiet hours by avoiding parties and loud social events between the hours of 10:00 p.m. and 8:00 a.m. unless otherwise allowed by the permit administrator under subsection .100(E) of this chapter.
l. The name of the managing agency owner, agent, rental manager, or local contact person, or owner of the short-term vacation rental, and a telephone number at which each that party may be reached at all times.
m. A copy of the "good neighbor guidelines" which may from time to time be prepared and amended by the permit administrator. These guidelines may include location - specific information, such as local speed limits.
n. Notification that the property is part of the city of Coachella's short-term vacation rental program.

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o. A copy of this chapter of the Coachella Municipal Code, as it may be amended from time to time.

2. The written rental agreement and documentation of compliance with this subparagraph subsection (HI) shall be maintained by the owner and/or agent for a period of three years and be made readily available upon request of the permit administrator or any police officer or employee of the city authorized to enforce this chapter or state law.

IJ. During the rental term of each short-term vacation rental, the owner, agent or local contact person shall be available by phone and in-person twenty-four (24) hours per day, seven days per week for the purpose of: (i) responding to the city and to the responsible party by telephone within fifteen (15) minutes of complaints regarding the occupancy, condition, operation or use of the short term vacation rental; (ii) responding in-person within forty-five (45) minutes to any additional or successive complaints regarding the occupancy, condition, operation or use short-term vacation rental; and (iii) taking action to resolve any complaint and/or correct any violation as set forth in subparagraph subsection (JK) of this Section 5.80.100.

JK. Upon receipt of a nuisance complaint or such other complaint or upon notification that any occupant and/or guest of the short-term vacation rental has created unreasonable noise or disturbances, engaged in disorderly conduct, or committed violations of this chapter, the Coachella Municipal Code or any state law, the owner, agent or the local contact person shall promptly respond to such complaint and take corrective action to remedy the complaint and prevent a recurrence of such conduct by those occupants or guests. For purposes of this paragraph, "promptly respond" shall mean a response by telephone to the responsible party within fifteen (15) minutes of the complaint whereby the responsible party is advised of the nature of the complaint and a correction of any violation is made and a physical presence at the premises of the short-term vacation rental within forty-five (45) minutes to any unresolved, additional or successive complaints regarding the occupancy, condition, operation or use short-term vacation rental whereby in which the primary occupant responsible party or other occupantcy is advised of the nature of the complaint and a correction of any violation is made, or if contact with the primary occupant or other occupancy is not required, the subject of the complaint is resolved, including the correction of any violation. If the nature of the violation involves an action that would take more than an hour, "promptly respond" shall mean notifying the permit administrator of the nature of the complaint and thereafter diligently pursuing to completion the correction of the violation. Failure of the owner, agent or the local contact person to promptly respond and/or to take timely corrective action regarding the occupancy, condition, operation, or use of the short-term vacation rental shall be a violation of this chapter and shall be grounds for the imposition of penalties as set forth in this chapter and/or revocation or suspension of the permit. An owner, agent or local contact person is not required or authorized to act as a peace officer or to intervene in situations

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that pose a risk to personal safety. The owner, agent or the local contact person shall keep and maintain a written log or other record of the nature of the complaint or violation and the date, and time of each complaint, disturbance, response and the corrective action taken. Such written log or record shall be readily available upon request of the city, including the permit administrator, and any police officer or employee of the city authorized to enforce this chapter or state law and shall be retained for a minimum of three years.

KL. The owner, agent and/or local contact person shall order the primary occupant responsible party and his/her guests and/or other occupants to immediately vacate the short-term vacation rental in accordance with provisions contained within the rental agreement if the primary occupant responsible party and/or guests or other occupants fail to comply with the maximum overnight occupancy limit and/or violate the provisions of this Section 5.80.100 chapter and subsequently refuse to comply with the instructions of the owner, agent and/or local contact person in order to remedy or correct the violation.

LM. The owner shall keep written records documenting compliance with all elements of the performance standards and the approved nuisance response plan. Such records shall be retained for a minimum of three years and shall be available during regular business hours upon request of the city, including the permit administrator, and any police officer or employee of the city authorized to enforce this chapter or state law.

MN. The short-term vacation rental use shall not involve the use of commercial vehicles for the delivery of materials to and from the premises beyond those commercial vehicles normally associated with residential uses nor storage of delivered materials beyond those items which would normally be associated with a residential use of property.

NO. The operational requirements and performance standards may be modified by the permit administrator upon request of the owner or agent based upon site specific circumstances for the purpose of allowing reasonable accommodation of a shortterm vacation rental occupant as may be required by state or federal disability laws. All requests must be in writing and shall identify how the strict application of the standard conditions creates an unreasonable hardship to a property an occupant such that, if the requirement is not modified, reasonable use of the property for a short-term vacation rental by an occupant would not be allowed.

Any hardships identified must relate to physical constraints to the subject site and shall not be self-induced or economic. Any modifications of the standard conditions shall not further exacerbate an already existing problem.

O. The owner and/or the owner's authorized agent or representative shall comply with all provisions of Section 4.28.030 et. seq. of the Municipal Code concerning transient occupancy taxes, including, but not limited to, submission of a return in accordance with Section 5.80.070 of the Municipal Code, which shall be filed even if the vacation rental unit was not rented during each such reporting period.

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P. The permit administrator shall have the authority to impose additional conditions on the use of any given short-term vacation rental unit to ensure that any potential secondary effects unique to the subject vacation rental unit are avoided or adequately mitigated.

Q. No radio receiver, musical instrument, phonograph, loudspeaker, sound amplifier, or other any machine or device for the producing or reproducing of any sound may be operated on the vacation-rental property unless it is in compliance with the City’s Noise Ordinance.

R. The owner shall, at the owner’s expense, procure and maintain, for the duration of any permit, comprehensive general liability insurance with a limit of no less than $1,000,000 per occurrence to insure against claims for injuries to persons or damages to property which may arise from or in connection with rental or operation of a short term vacation rental. Such insurance shall be at least as broad as the latest version of Insurance Services Office Commercial General Liability coverage (occurrence form CG 0001).

S. No accessory dwelling unit (ADU) may be rented as a short-term vacation rental in the city.

5.80.105 Payment of Transient Occupancy Taxes
A. The owner and/or the agent is responsible for collecting and remitting transient occupancy tax to the city and shall comply with all provisions of Section 4.28.030 et. seq. of the Municipal Code concerning transient occupancy taxes, including, but not limited to, submission of a return in accordance with Chapter 4.28, which shall be filed even if the vacation rental unit was not rented during each such reporting period.

B. Beginning April 1, 2025, hosting platforms shall be responsible for collecting all applicable transient occupancy taxes and remitting the same to the city.

The hosting platform shall be considered an agent of the owner/host for purposes of transient occupancy tax collections and remittance pursuant to Chapter 4.28.

C. Owners and/or agents shall be responsible for submitting transient occupancy tax forms reporting nightly stays and gross receipts even if a hosting platform is remitting the taxes due on their behalf.

D. Permittees making two or more late submittals in a 12-month period shall not have their permit renewed upon expiration.

E. Owners shall provide all transient occupancy tax-related documents to the city within five (5) business days of the city’s written request, as more particularly set forth in Section 5.80.150. If any documents are not in the possession of an owner but are in the possession of an agent, the owner shall promptly request said documents from the agent within three (3) business

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days of the city’s written request and the documents shall be provided to the city within five (5) business days thereafter.

F. Timely payment of applicable transient occupancy taxes for a short-term vacation rental shall not excuse an owner’s noncompliance with any other provisions of this chapter and the city may impose fines or take other action as set forth in this chapter to address said noncompliance.

5.80.110. Terminating the use of a property as a short-term rental.

Where the owner of property used and occupied as a short-term vacation rental pursuant to a permit approved and issued in the manner provided for by this chapter determines to terminate such use and restore the property either to an owner-occupied residence or a long-term rental, the property owner shall promptly cause a notice of such determination/termination to be filed with the permit administrator. Once such notice is received by the city, the property shall not again be leased, offered for lease or otherwise occupied as a short-term vacation rental until a new permit is obtained by the owner.

5.80.120 Violations.

A. It is unlawful and a violation of this chapter for any person or entity owning, renting, leasing, occupying or having charge, control or possession of any real or improved property within the city of Coachella to cause, permit, maintain or allow any violation of this chapter to exist thereon. Any person who violates any provision of this chapter is guilty of a misdemeanor. Such violation is punishable as set forth in Section 1.08 of this code. Each and every day, or portion thereof, that a violation of this chapter exists constitutes a separate and distinct violation.

B. Alternatively, this chapter may be enforced through the issuance of an administrative citation in accordance with Chapter 1.10 1.08 of this code, except that the fine for each separate violation shall be as follows: (1) an administrative fine in an amount not to exceed five hundred one thousand dollars ($5001,000.00) for the first citation; (2) an administrative fine an amount not to exceed seven hundred and fifty two thousand dollars ($7502,000.00) for a second citation issued for the same offense within a twelve-month period of the date of the first offense; and (3) an administrative fine in an amount not to exceed one three thousand dollars ($13,000.00) for a third and any subsequent citation issued for the same offense within a twelve-month period of the date of the first offense. Each and every day such a violation exists shall constitute a separate and distinct violation of this chapter.

C. Notwithstanding paragraph (b) Subsection (B) of this Section 5.80.120, operating a short term vacation rental without a valid permit shall be subject to an administrative fine in the following amounts: not to exceed one thousand dollars ($1,000.00) for each citation. (1) an administrative fine in an amount not to exceed one thousand five hundred dollars ($1,500.00) for the first citation; (2) an administrative fine in an amount not to exceed three thousand dollars ($3,000.00) for a second citation issued for the same offense within a twelvePage 372 Item 14.

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month period of the date of the first offense; and (3) an administrative fine in an amount not to exceed five thousand dollars ($5,000.00) for a third and any subsequent citation issued for the same offense within a twelve-month period of the date of the first offense. Each and every day such a violation exists shall constitute a separate and distinct violation of this chapter.

D. In addition to the foregoing, a violation of any provision of this chapter shall constitute a public nuisance and shall be subject to abatement by the city by means of a civil action or administrative abatement pursuant to Chapter 3.10 of this code, and each day such condition continues it shall be regarded as a new and separate offense.

E. This remedies provided for in this section are in addition to, and not in lieu of, all other legal remedies, criminal or civil, which may be pursued by the city to address any violation of this chapter.

5.80.130 Permit suspension, modification or revocation.

A. In addition to any other remedy provided by this chapter, a permit issued pursuant to this chapter may be suspended, modified or revoked for any violations of this chapter, for violation of any other law on the premises of the short-term vacation rental, or for the maintenance of such other conditions as may be shown to be injurious to the public health and safety or if the applicant made any false, misleading or fraudulent statement of a material fact in the application for permit, or any report or record required to be filed pursuant to this chapter.

B. Prior to suspension, modification or revocation of a permit, a hearing shall be held thereon by the city manager permit administrator or a hearing officer designated by the city manager permit administrator or his designee. The permittee shall be notified in writing of the grounds for suspension, modification or revocation of the permit at least ten (10) days prior to the scheduled hearing. The decision of the permit administrator or hearing officer shall be rendered within five (5) days of the hearing. The decision shall be in writing, and shall set forth the findings and reasons for the decision. The decision of the permit administrator or hearing officer is final.

5.80.140 Specific violations. Hosting Platforms.

Any of the following acts or omissions arising out of the operation and use of a short term vacation rental is unlawful and constitutes a misdemeanor punishable as set forth in Section 1.08 of this code.

A. Rental, offering for rental, or advertising for rental of a dwelling unit located on any property within the city by the owner of the property as a short-term vacation rental without a permit authorizing such use that has been approved and issued in the manner required by this chapter.

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B. Failure of the owner of a short-term vacation rental issued a permit in the manner required by this chapter or the owner's designated agent to respond to a nuisance complaint arising out of the occupancy and use of the short-term rental by a tenant, or the tenant's visitors or guests in the manner and within the time required by a nuisance response plan approved by the permit administrator incident to the issuance of such permit.

C. Failure of the owner of a short-term vacation rental issued a permit in the manner required by this chapter to keep a response plan required by the chapter on file with the permit administrator containing the name of the current person or persons responsible for responding to a nuisance complaint within the time required by this chapter.

D. Offering to rent or advertising for rent a short-term vacation rental without including in the offer or advertisement the city permit number applicable to the property in the form "Coachella Permit No._____" with the permit number printed in the same size type as the largest type used in the offer or advertisement.

E. Failure to comply with or cause compliance with any performance standard listed in Section 5.80.100.

A. Subject to applicable laws, hosting platforms shall, upon written request by the city, promptly disclose to the city each short-term vacation rental located in the city that they list, the host ID, listing ID, and names of the persons responsible for each such listing, the address of each such listing, the length of stay for each such listing, and the price paid for each stay.

B. A hosting platform shall promptly remove any listing upon receipt of a takedown notice from the city indicating that a listing violates applicable legal requirements.

C. A hosting platform is responsible for collecting and remitting transient occupancy taxes on behalf of their hosts in accordance with this Code, either directly to the City or through the owner/agent.

D. A hosting platform shall require all hosts to include a valid permit number in a designated field dedicated to the license number.

5.80.150 Records and Inspection.

Each owner or agent shall provide access to each short-term vacation rental and any records related to the use and occupancy of the short-term vacation rental to the city manager or his designee at any time during normal business hours, for the purpose of inspection or audit to determine that the objective and conditions of this chapter are being fulfilled.

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5.80.160 Requirements not exclusive.

The requirements of this chapter shall be in addition to any license, permit or fee required under any other provision of the Coachella Municipal Code. The issuance of any permit pursuant to this chapter shall not relieve any person of the obligation to comply with all other provisions of the Coachella Municipal Code pertaining to the use and occupancy of the short-term vacation rental or the property on which it is located.”
SECTION 2. SEVERABILITY. If any section, subsection, subdivision, sentence, or clause or phrase in this Ordinance or any part thereof is for any reason held to be unconstitutional, invalid or ineffective by any court of competent jurisdiction, such decision shall not affect the validity or effectiveness of the remaining portions of this Ordinance or any part thereof. The City Council hereby declares that it would have adopted each section irrespective of the fact that any one or more subsections, subdivisions, sentences, clauses, or phrases are declared unconstitutional, invalid, or ineffective.

SECTION 3. EFFECTIVE DATE. This Ordinance shall become effective thirty (30) days from its adoption.

SECTION 4. PUBLICATION. The City Clerk shall certify to the adoption of this Ordinance and cause it, or a summary of it, to be published in a newspaper of general circulation printed and published within the City of Coachella, pursuant to all legal requirements.

I hereby certify that the foregoing Ordinance was PASSED, APPROVED AND ADOPTED by the City Council of the City of Coachella on the 26th day of February, 2025.

Dated: _______________________ ______________________________

STEVEN HERNANDEZ
MAYOR
ATTEST: APPROVED AS TO FORM:
______________________________ ______________________________

RYAN GUIBOA

CITY CLERK CITY ATTORNEY

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Downtown
Dateland
Aventine
Fiesta
La Paz
Prado
Los Jardines
Navarra
Lewis
Bellisima
Somerset
Sevilla
La Paz 2
Tierra del Sol (30582 30684)
La Paloma Estates
Bella CantoLa Morada
Valencia
Buena Vista
La Colonia 2
Placitas de la Paz
Vista Escondida
Baron-Ziraick
Rancho Cielo
La Colonia
Pyramid Ranch
Rancho Las Flores
Tierra Bonita
Loma Vista
Las Plumas
Rancho de la Fe
Rancho Mariposa
Loma Vista
Paseo de las Palmas
Pueblo de la Paz
Plaza del Sol
Peacock Palms
Posada del Valle
Cachanillas
Palm Desert Dev.

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City of Coachella Short-Term Rental by Neighborhoods
Created November 2023

Item 14.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED / PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 12/31/2024 (WITHDRAWALS) CHANGE IN VALUE (INTEREST) (PRINCIPAL) 1/31/2025

CASH ON HAND
Wells Fargo-General Checking N/A 6,437,174.24 (208,760.26) - - - 6,228,413.98 Sweep Account 4.966% - 9,287,253.98 9,287,253.98
Wells Fargo-Road Maintenance N/A 1,791,185.80 102,119.07 - - 1,893,304.87 Wells Fargo-Gas Tax N/A 500,954.88 112,147.16 - - - 613,102.04 - Wells Fargo- Payroll Acct N/A (262,676.36) 116,767.95 (145,908.41) Petty Cash N/A 7,000.00 - - - - 7,000.00
Total Cash on Hand 8,473,638.56 9,409,527.90 - - - 17,883,166.46

INVESTMENTS
State of California - LAIF 2.17% 19,352,178.12 225,071.11 (2,000,000.00) - 17,577,249.23 Investment Management Acct 1.47% 35,662,948.22 163,732.52 - - 35,826,680.74 Total Investments 55,015,126.34 - 388,803.63 (2,000,000.00) - 53,403,929.97

CASH WITH FISCAL AGENT
US Bank varies 4,188,125.91 452,887.70 158.74 - - 4,641,172.35 ① Wells Fargo Bank, N.A. 5.83% 701.49 - 11.18 - - 712.67 ② Wilmington Trust, N. A. 0.03% 2,623,202.30 152,998.86 4,475.86 (177,324.35) - 2,603,352.67 ③ Total Cash with Fiscal Agent 6,812,029.70 605,886.56 4,645.78 (177,324.35) - 7,245,237.69 Grand Total 70,300,794.60 10,015,414.46 393,449.41 (2,177,324.35) - 78,532,334.12 Completed By:

Reviewed By: Ruben Ramirez- Controller

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of January 31, 2025
Fiscal Year 2024-2025

DESCRIPTION
Lourdes Marrón-Accountant
1 of 14

Item 15.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED / PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 12/31/2024 (WITHDRAWALS) CHANGE IN VALUE (INTEREST) (PRINCIPAL) 1/31/2025

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of January 31, 2025
Fiscal Year 2024-2025

DESCRIPTION

CASH WITH FISCAL AGENT

US BANK

COACHELLA FINANCING AUTHORITY
Successor Agency to the Coachella Redevelopments Agency 2014 Series A/C #: 6712104701 Debt Service Fund 0.00% 1,891.06 116,408.07 7.12 - - 118,306.25 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 2015A
A/C #: 6712148601 Bond Fund 0.00% 148.53 - 0.56 - - 149.09 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 COACHELLA SANITARY DISTRICT: PROJECT FUND 2011
A/C #: 6711963500 Project Fund 2011 0.0100% 28,222.30 106.20 - - 28,328.50 2 of 14

Item 15.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED / PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 12/31/2024 (WITHDRAWALS) CHANGE IN VALUE (INTEREST) (PRINCIPAL) 1/31/2025

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of January 31, 2025
Fiscal Year 2024-2025

DESCRIPTION

COACHELLA SUCCESSOR AGENCY
MERGED PROJECT AREAS BONDS 98 & 99: BONDS 2013
A/C #: 6712071401 Debt Service 0.00% 999.90 29,040.09 3.76 - - 30,043.75 A/C #: 6712071402 Interest Account 0.00% - - - - - -
A/C #: 6712071403 Principal Account 0.00% - - - - - -
A/C #: 6712071404 Reserve Account 0.00% 406,487.50 - - - - 406,487.50 SA TO COACHELLA RDA REFUNDING BONDS SERIES 2016A & 2016B A/C #: 6712160601 Debt Service 0.00% 3,852.21 307,439.54 14.50 - - 311,306.25 A/C #: 6712160602 Interest Account 0.00% - - - - - -
A/C #: 6712160603 Principal Account 0.00% - - - - - -
A/C #: 6712160604 Reserve Account 0.00% 1,993,663.46 - - - - 1,993,663.46 COACHELLA LEASE BONDS 2016
A/C #: 6712179801 Payment Account 0.0000% 2,742.19 - 26.60 - - 2,768.79 A/C #: 6712179802 Interest Account 0.0000% (0.00) - - - - (0.00) 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 4,188,125.91 452,887.70 158.74 - - 4,641,172.35 ① WELLS FARGO BANK, N.A.

GAS TAX BONDS SERIES 2019
A/C #: 83925300 Debt Service Fund 0.0000% 9.08 - 0.03 - - 9.11 A/C #: 83925301 Interest Account 0.0000% 212.34 - 9.47 - - 221.81 A/C #: 83925302 Principal Account 0.0000% 480.07 - 1.68 - 481.75 TOTAL WELLS FARGO BANK, N.A. 701.49 - 11.18 - - 712.67 ② 3 of 14

Item 15.

CURRENT BALANCE AS OF NET: DEPOSITS/ INTEREST EARNED / PAYMENT OF PAYMENT OF BALANCE AS OF YIELD 12/31/2024 (WITHDRAWALS) CHANGE IN VALUE (INTEREST) (PRINCIPAL) 1/31/2025

CITY OF COACHELLA

TREASURER'S REPORT - INVESTMENT REPORT
As of January 31, 2025
Fiscal Year 2024-2025

DESCRIPTION
WILMINGTON TRUST, N. A.

CITY OF COACHELLA TAXABLE PENSION OBLIGATION BONDS
A/C #: 144613-000 Revenue Account 0.03% 177,910.71 (177,324.34) 22.06 - - 608.43 A/C #: 144613-001 Interest Account 0.03% 0.01 177,324.34 - (177,324.35) - 0.00 A/C #: 144613-002 Principal Account 0.00% 596.33 - 2.17 - 598.50 CITY OF COACHELLA 2022A BOND FUND
A/C #: 154278-000 Bond Fund 1.76% 29,036.42 (24,816.27) 254.86 - - 4,475.01 A/C #: 154278-001 Interest Account 0.00% - 89,500.00 9.85 - - 89,509.85 A/C #: 154278-002 Principal Account 0.00% - - - - - -
A/C #: 154278-004 Project FD Account 1.76% 1,162,236.62 (4,118.25) 3,945.47 - - 1,162,063.84 CITY OF COACHELLA 2022B BOND FUND
A/C #: 155657-000 Bond Fund 1.76% 2,475.45 (2,466.62) 231.00 - - 239.83 A/C #: 155657-001 Interest Account 0.00% - 94,900.00 10.45 - - 94,910.45 A/C #: 155657-002 Principal Account 0.00% - - - - - -
A/C #: 155657-004 COI Account 0.00% - - - - - -
CITY OF COACHELLA BOFA 2023 ESCROW
A/C #: 166682-000 Bond Fund 1,250,946.76 - 1,250,946.76 TOTAL WILMINGTGON TRUST BANK, N.A. 2,623,202.30 152,998.86 4,475.86 (177,324.35) - 2,603,352.67 ③ TOTAL CASH WITH FISCAL AGENT 6,812,029.70 605,886.56 4,645.78 (177,324.35) - 7,245,237.69 4 of 14

Item 15.

Managed Account Detail of Securities Held For the Month Ending January 31, 2025 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
DTD 08/31/2020 0.250% 08/31/2025
91282CAJ0 140,000.00 AA+ Aaa 07/06/22 07/07/22 128,969.53 2.88 148.90 137,977.91 136,800.72

US TREASURY N/B
DTD 09/30/2020 0.250% 09/30/2025
91282CAM3 460,000.00 AA+ Aaa 09/07/21 09/09/21 452,273.44 0.67 391.76 458,743.52 448,068.98

US TREASURY N/B
DTD 11/02/2020 0.250% 10/31/2025
91282CAT8 350,000.00 AA+ Aaa 03/01/22 03/01/22 333,361.33 1.59 224.79 346,622.60 339,830.75

US TREASURY N/B
DTD 11/02/2020 0.250% 10/31/2025
91282CAT8 410,000.00 AA+ Aaa 10/04/21 10/06/21 401,319.53 0.78 263.33 408,411.11 398,087.45

US TREASURY N/B
DTD 11/30/2020 0.375% 11/30/2025
91282CAZ4 210,000.00 AA+ Aaa 11/02/21 11/03/21 204,659.77 1.01 136.30 208,916.16 203,421.12

US TREASURY N/B
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 62.98 189,132.34 183,517.77

US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
91282CBC4 350,000.00 AA+ Aaa 01/11/21 01/12/21 347,867.19 0.50 116.02 349,608.48 338,059.05

US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
91282CBH3 160,000.00 AA+ Aaa 05/03/22 05/04/22 145,500.00 2.95 1.66 156,141.81 153,995.04

US TREASURY N/B
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 18.49 260,418.73 250,961.82

US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
91282CBH3 270,000.00 AA+ Aaa 02/26/21 02/26/21 264,410.16 0.80 2.80 268,869.61 259,866.63

US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
91282CBH3 475,000.00 AA+ Aaa 07/02/21 07/07/21 465,871.09 0.80 4.92 473,009.03 457,172.78

US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
91282CBH3 1,320,000.00 AA+ Aaa 02/17/22 02/18/22 1,246,626.56 1.84 13.67 1,301,491.38 1,270,459.08

US TREASURY N/B
DTD 03/01/2021 0.500% 02/28/2026
91282CBQ3 310,000.00 AA+ Aaa 03/05/21 03/09/21 305,676.95 0.79 659.39 309,067.34 297,895.43

US TREASURY N/B
DTD 03/01/2021 0.500% 02/28/2026
91282CBQ3 630,000.00 AA+ Aaa 12/03/21 12/07/21 613,019.53 1.15 1,340.06 625,688.90 605,400.39 PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
5 of 14

Item 15.

Managed Account Detail of Securities Held For the Month Ending January 31, 2025 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
DTD 06/01/2021 0.750% 05/31/2026
91282CCF6 290,000.00 AA+ Aaa 06/02/21 06/04/21 289,365.62 0.79 376.44 289,831.48 277,052.08

US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
91282CCF6 325,000.00 AA+ Aaa 06/06/22 06/08/22 297,857.42 2.99 421.88 315,958.70 310,489.40

US TREASURY N/B
DTD 09/30/2021 0.875% 09/30/2026
91282CCZ2 300,000.00 AA+ Aaa 04/05/22 04/07/22 276,222.66 2.77 894.23 291,197.88 283,980.60

US TREASURY N/B
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 3,066.24 291,629.68 283,626.27

US TREASURY N/B
DTD 02/15/2017 2.250% 02/15/2027
912828V98 925,000.00 AA+ Aaa 09/14/22 09/15/22 871,451.17 3.68 9,614.47 900,315.78 889,336.62

US TREASURY N/B
DTD 04/30/2020 0.500% 04/30/2027
912828ZN3 1,110,000.00 AA+ Aaa 08/03/22 08/05/22 992,062.50 2.92 1,425.83 1,054,203.08 1,021,980.33

US TREASURY N/B
DTD 08/15/2017 2.250% 08/15/2027
9128282R0 1,050,000.00 AA+ Aaa 09/01/22 09/06/22 995,490.23 3.40 10,913.72 1,022,050.15 999,879.30

US TREASURY N/B
DTD 09/30/2022 4.125% 09/30/2027
91282CFM8 500,000.00 AA+ Aaa 11/01/22 11/03/22 496,738.28 4.27 7,026.10 498,232.63 498,359.50

US TREASURY N/B
DTD 10/31/2022 4.125% 10/31/2027
91282CFU0 340,000.00 AA+ Aaa 12/06/22 12/08/22 344,728.13 3.81 3,603.11 342,649.66 338,804.56

US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
91282CAU5 1,210,000.00 AA+ Aaa 01/04/23 01/06/23 1,030,437.89 3.91 1,554.28 1,107,713.91 1,093,017.20

US TREASURY N/B
DTD 02/01/2021 0.750% 01/31/2028
91282CBJ9 950,000.00 AA+ Aaa 02/07/23 02/08/23 818,818.36 3.82 19.68 871,060.11 856,670.10

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2028
91282CGT2 490,000.00 AA+ Aaa 05/01/23 05/02/23 489,502.34 3.65 6,050.96 489,680.06 480,487.14

US TREASURY N/B
DTD 03/31/2021 1.250% 03/31/2028
91282CBS9 575,000.00 AA+ Aaa 05/08/23 05/09/23 517,095.70 3.51 2,448.49 537,627.76 523,901.48

US TREASURY N/B
DTD 05/01/2023 3.500% 04/30/2028
91282CHA2 420,000.00 AA+ Aaa 05/01/23 05/01/23 418,047.66 3.60 3,776.52 418,734.08 409,975.86 PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
6 of 14

Item 15.

Managed Account Detail of Securities Held For the Month Ending January 31, 2025 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
DTD 05/01/2023 3.500% 04/30/2028
91282CHA2 460,000.00 AA+ Aaa 05/15/23 05/16/23 460,844.53 3.46 4,136.19 460,552.14 449,021.18

US TREASURY N/B
DTD 05/31/2023 3.625% 05/31/2028
91282CHE4 530,000.00 AA+ Aaa 06/01/23 06/02/23 527,888.28 3.71 3,325.24 528,594.12 518,924.06

US TREASURY N/B
DTD 06/30/2023 4.000% 06/30/2028
91282CHK0 55,000.00 AA+ Aaa 07/06/23 07/10/23 54,093.36 4.37 194.48 54,378.77 54,477.94

US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
91282CKT7 510,000.00 AA+ Aaa 06/05/24 06/06/24 514,442.58 4.30 3,972.12 513,909.22 512,828.97

US TREASURY N/B
DTD 07/01/2024 4.250% 06/30/2029
91282CKX8 505,000.00 AA+ Aaa 07/02/24 07/03/24 502,139.65 4.38 1,897.24 502,442.62 502,751.24

US TREASURY N/B
DTD 07/31/2024 4.000% 07/31/2029
91282CLC3 170,000.00 AA+ Aaa 08/01/24 08/02/24 171,182.03 3.85 18.78 171,074.56 167,529.73

US TREASURY N/B
DTD 09/03/2024 3.625% 08/31/2029
91282CLK5 850,000.00 AA+ Aaa 09/04/24 09/05/24 851,759.77 3.58 13,108.08 851,629.17 824,267.95

US TREASURY N/B
DTD 09/30/2024 3.500% 09/30/2029
91282CLN9 1,575,000.00 AA+ Aaa 10/01/24 10/02/24 1,573,031.25 3.53 18,778.85 1,573,154.32 1,517,967.68

US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
91282CLR0 175,000.00 AA+ Aaa 11/14/24 11/15/24 173,701.17 4.29 1,854.54 173,752.92 173,195.40

US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
91282CLR0 275,000.00 AA+ Aaa 11/01/24 11/04/24 274,323.24 4.18 2,914.28 274,354.31 272,164.20

US TREASURY N/B
DTD 12/02/2024 4.125% 11/30/2029
91282CMA6 290,000.00 AA+ Aaa 12/05/24 12/06/24 290,521.09 4.08 2,070.43 290,507.21 287,032.14

US TREASURY N/B
DTD 12/31/2024 4.375% 12/31/2029
91282CMD0 400,000.00 AA+ Aaa 01/06/25 01/07/25 399,109.38 4.43 1,546.96 399,120.61 400,125.20 Security Type Sub-Total 20,105,000.00 19,295,339.64 2.95 108,394.21 19,718,453.85 19,291,383.14 Municipal Bond / Note

FLORIDA ST BRD OF ADM
DTD 09/16/2020 1.258% 07/01/2025
341271AD6 40,000.00 AA Aa2 09/03/20 09/16/20 40,282.80 1.11 41.93 40,024.59 39,465.76 PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
7 of 14

Item 15.

Managed Account Detail of Securities Held For the Month Ending January 31, 2025 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

FLORIDA ST BRD OF ADM
DTD 09/16/2020 1.258% 07/01/2025
341271AD6 110,000.00 AA Aa2 09/03/20 09/16/20 110,000.00 1.26 115.32 110,000.00 108,530.84

NJ TPK AUTH -B-TXBL
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 38,806.80 Security Type Sub-Total 190,000.00 190,282.80 1.18 192.15 190,024.59 186,803.40 Federal Agency Commercial Mortgage-Backed Security
FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 233,543.23 AA+ Aaa 05/19/23 05/24/23 226,354.47 4.29 651.39 229,814.88 228,246.47 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
3137BXQY1 360,000.00 AA+ Aaa 08/16/23 08/18/23 339,581.25 4.94 967.20 347,814.87 350,777.52 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
3137F1G44 205,000.00 AA+ Aaa 08/16/23 08/18/23 193,284.57 4.93 554.01 197,901.88 199,425.85 FHMS K066 A2
DTD 08/01/2017 3.117% 06/01/2027
3137F2LJ3 320,000.00 AA+ Aaa 08/17/23 08/22/23 299,250.00 4.97 831.20 307,036.88 310,123.52 FHMS K507 A1
DTD 09/01/2023 4.800% 04/01/2028
3137HAMR4 309,230.46 AA+ Aaa 09/20/23 09/28/23 304,377.72 5.19 1,236.92 305,620.75 309,985.91 FHMS K506 A1
DTD 09/01/2023 4.650% 05/01/2028
3137HAMG8 167,740.58 AA+ Aaa 09/07/23 09/14/23 165,232.03 5.01 649.99 165,906.69 167,758.19 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 271,976.36 AA+ Aaa 07/19/23 07/27/23 271,969.54 4.78 1,082.69 271,971.64 271,253.72 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 325,000.00 AA+ Aaa 07/13/23 07/20/23 328,246.10 4.59 1,305.15 327,238.44 326,291.55 FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
3136BQDE6 329,549.90 AA+ Aaa 07/18/23 07/31/23 323,963.00 4.58 1,148.25 325,644.68 323,427.53 FHMS KJ47 A1
DTD 09/01/2023 5.272% 08/01/2028
3137HAMN3 178,332.34 AA+ Aaa 09/19/23 09/28/23 178,331.44 5.27 783.47 178,331.76 179,928.95 PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
8 of 14

Item 15.

Managed Account Detail of Securities Held For the Month Ending January 31, 2025 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 Commercial Mortgage-Backed Security
FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 340,000.00 AA+ Aaa 09/07/23 09/14/23 334,970.38 4.99 1,317.50 336,247.28 339,601.86 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 345,000.00 AA+ Aaa 10/11/23 10/19/23 337,432.08 5.25 1,362.75 339,245.12 345,454.02 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 260,000.00 AA+ Aaa 10/25/23 10/31/23 251,710.42 5.60 1,050.83 253,511.67 261,598.74 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 335,000.00 AA+ Aaa 09/20/23 09/28/23 330,995.75 5.07 1,340.00 331,925.89 336,078.03 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 135,000.00 AA+ Aaa 11/14/23 11/21/23 134,609.72 5.14 570.26 134,695.29 136,577.75 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 190,000.00 AA+ Aaa 11/28/23 12/07/23 189,454.13 4.93 769.50 189,570.78 190,931.57 FHMS K512 A2
DTD 12/01/2023 5.000% 11/01/2028
3137HBCF9 175,000.00 AA+ Aaa 12/11/23 12/21/23 176,634.15 4.79 729.17 176,300.00 176,906.27 FHMS K513 A2
DTD 01/01/2024 4.724% 12/01/2028
3137HBFY5 195,000.00 AA+ Aaa 01/10/24 01/18/24 196,947.86 4.50 767.65 196,575.66 195,565.70 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 195,000.00 AA+ Aaa 02/01/24 02/08/24 196,949.81 4.34 742.95 196,592.28 194,077.85 FHMS K518 A2
DTD 03/01/2024 5.400% 01/01/2029
3137HC2L5 245,000.00 AA+ Aaa 03/19/24 03/28/24 250,915.53 4.83 1,102.50 250,061.29 250,906.71 FHMS K517 A2
DTD 03/01/2024 5.355% 01/01/2029
3137HC2C5 305,000.00 AA+ Aaa 03/05/24 03/14/24 314,145.73 4.67 1,361.06 312,646.57 311,453.50 FHMS K515 A2
DTD 02/01/2024 5.400% 01/01/2029
3137HBPD0 340,000.00 AA+ Aaa 02/14/24 02/22/24 349,159.60 4.79 1,530.00 347,577.28 348,012.78 FHMS K516 A2
DTD 03/01/2024 5.477% 01/01/2029
3137HBPM0 340,000.00 AA+ Aaa 02/29/24 03/07/24 350,198.98 4.79 1,551.82 348,501.07 349,381.28 FHMS K520 A2
DTD 04/01/2024 5.180% 03/01/2029
3137HCKV3 195,000.00 AA+ Aaa 04/23/24 04/30/24 195,791.51 5.09 841.75 195,693.53 198,271.71 PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
9 of 14

Item 15.

Managed Account Detail of Securities Held For the Month Ending January 31, 2025 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 Commercial Mortgage-Backed Security
FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 290,000.00 AA+ Aaa 07/16/24 07/25/24 291,780.89 4.58 1,140.67 291,635.23 290,073.08 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
3137HDJJ0 340,000.00 AA+ Aaa 06/05/24 06/13/24 339,998.98 4.80 1,360.85 340,000.00 340,783.36 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 315,000.00 AA+ Aaa 08/07/24 08/15/24 317,946.51 4.33 1,192.54 317,698.81 312,838.16 FHMS K530 A2
DTD 11/01/2024 4.792% 09/01/2029
3137HHJL6 350,000.00 AA+ Aaa 11/19/24 11/27/24 351,822.45 4.67 1,397.67 351,790.31 350,857.85 Security Type Sub-Total 7,590,372.88 7,542,054.60 4.84 29,339.74 7,567,550.53 7,596,589.43 Federal Agency Bond / Note

FREDDIE MAC (CALLABLE)
DTD 08/30/2022 4.050% 08/28/2025
3134GXS54 1,000,000.00 AA+ Aaa 08/19/22 08/30/22 999,600.00 4.06 17,212.50 999,923.19 998,203.00

FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
3137EAEX3 285,000.00 AA+ Aaa 09/23/20 09/25/20 284,142.15 0.44 380.00 284,889.31 278,103.85

FANNIE MAE
DTD 11/12/2020 0.500% 11/07/2025
3135G06G3 185,000.00 AA+ Aaa 11/09/20 11/12/20 184,337.70 0.57 215.83 184,898.16 179,827.77 Security Type Sub-Total 1,470,000.00 1,468,079.85 2.94 17,808.33 1,469,710.66 1,456,134.62 Corporate Note
AMAZON.COM INC
DTD 04/13/2022 3.000% 04/13/2025
023135CE4 80,000.00 AA A1 04/11/22 04/13/22 79,872.80 3.06 720.00 79,991.52 79,770.72

GOLDMAN SACHS GROUP INC (CALLABLE)
DTD 05/22/2015 3.750% 05/22/2025
38148LAE6 135,000.00 BBB+ A2 02/12/21 02/17/21 150,819.30 0.94 970.31 135,229.90 134,681.54

BRISTOL-MYERS SQUIBB CO (CALLABLE)
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 71,872.17 69,981.98

BANK OF AMERICA CORP (CALLABLE)
DTD 03/22/2022 3.384% 04/02/2026
06051GKM0 220,000.00 A- A1 03/17/22 03/22/22 220,000.00 3.38 2,460.92 220,000.00 219,497.30 PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
10 of 14

Item 15.

Managed Account Detail of Securities Held For the Month Ending January 31, 2025 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

BANK OF AMERICA NA (CALLABLE)
DTD 08/18/2023 5.526% 08/18/2026
06428CAA2 175,000.00 A+ Aa1 10/23/23 10/24/23 173,526.50 5.85 4,378.59 174,190.59 177,482.20

TARGET CORP (CALLABLE)
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 24,983.29 23,845.25

TARGET CORP (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
87612EBM7 125,000.00 A A2 01/27/22 01/31/22 124,923.75 1.96 108.33 124,969.91 119,226.25

BANK OF NY MELLON CORP (CALLABLE)
DTD 01/26/2022 2.050% 01/26/2027
06406RBA4 200,000.00 A Aa3 01/26/22 01/28/22 200,644.00 1.98 56.94 200,249.07 190,857.60

BANK OF NY MELLON CORP (CALLABLE)
DTD 01/26/2022 2.050% 01/26/2027
06406RBA4 300,000.00 A Aa3 08/02/22 08/04/22 280,158.00 3.66 85.42 291,199.11 286,286.40

ADOBE INC (CALLABLE)
DTD 02/03/2020 2.150% 02/01/2027
00724PAC3 360,000.00 A+ A1 12/13/22 12/15/22 332,316.00 4.20 3,870.00 346,586.49 344,650.32

JPMORGAN CHASE & CO (CALLABLE)
DTD 04/22/2021 1.578% 04/22/2027
46647PCB0 260,000.00 A A1 08/02/22 08/04/22 235,172.60 3.81 1,128.27 248,288.13 250,304.60

HOME DEPOT INC (CALLABLE)
DTD 09/14/2017 2.800% 09/14/2027
437076BT8 350,000.00 A A2 01/25/23 01/27/23 330,256.50 4.15 3,729.44 338,831.36 335,346.20

JPMORGAN CHASE & CO (CALLABLE)
DTD 02/24/2022 2.947% 02/24/2028
46647PCW4 125,000.00 A A1 09/14/23 09/18/23 114,296.25 5.13 1,606.52 117,602.61 120,481.13

JPMORGAN CHASE & CO (CALLABLE)
DTD 04/22/2024 5.571% 04/22/2028
46647PEE2 50,000.00 A A1 08/08/24 08/09/24 51,033.50 4.95 766.01 50,860.20 50,788.45

JPMORGAN CHASE & CO (CALLABLE)
DTD 04/22/2024 5.571% 04/22/2028
46647PEE2 110,000.00 A A1 06/03/24 06/04/24 110,733.70 5.38 1,685.23 110,575.71 111,734.59

JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
24422EXB0 115,000.00 A A1 07/11/23 07/14/23 114,828.65 4.98 268.81 114,881.67 116,323.77

JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
24422EXB0 135,000.00 A A1 07/13/23 07/17/23 136,833.30 4.64 315.56 136,268.11 136,553.99

TOYOTA MOTOR CREDIT CORP
DTD 09/11/2023 5.250% 09/11/2028
89236TLB9 110,000.00 A+ A1 09/06/23 09/11/23 109,808.60 5.29 2,245.83 109,857.11 111,883.86 PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
11 of 14

Item 15.

Managed Account Detail of Securities Held For the Month Ending January 31, 2025 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

CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
17325FBB3 115,000.00 A+ Aa3 05/01/24 05/03/24 117,224.10 5.30 2,261.56 116,876.08 118,779.48

CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
17325FBB3 400,000.00 A+ Aa3 09/26/23 09/29/23 400,000.00 5.80 7,866.29 400,000.00 413,146.00

STATE STREET CORP (CALLABLE)
DTD 08/20/2024 4.530% 02/20/2029
857477CN1 165,000.00 A Aa3 08/14/24 08/20/24 165,000.00 4.53 3,342.76 165,000.00 163,690.07

BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
09290DAA9 30,000.00 AA- Aa3 03/05/24 03/14/24 29,945.70 4.74 536.58 29,954.47 30,096.12

BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
09290DAA9 350,000.00 AA- Aa3 04/09/24 04/11/24 348,376.00 4.81 6,260.14 348,617.02 351,121.40

MASTERCARD INC (CALLABLE)
DTD 05/31/2019 2.950% 06/01/2029
57636QAM6 300,000.00 A+ Aa3 06/26/24 06/27/24 275,595.00 4.82 1,475.00 278,247.81 280,052.70

PEPSICO INC (CALLABLE)
DTD 07/17/2024 4.500% 07/17/2029
713448FX1 165,000.00 A+ A1 07/15/24 07/17/24 164,744.25 4.53 288.75 164,769.79 164,417.39

TOYOTA MOTOR CREDIT CORP
DTD 08/09/2024 4.550% 08/09/2029
89236TMK8 25,000.00 A+ A1 08/06/24 08/09/24 24,949.25 4.60 543.47 24,953.62 24,748.80

TOYOTA MOTOR CREDIT CORP
DTD 08/09/2024 4.550% 08/09/2029
89236TMK8 55,000.00 A+ A1 08/07/24 08/09/24 54,936.75 4.58 1,195.64 54,942.40 54,447.36

TOYOTA MOTOR CREDIT CORP
DTD 08/09/2024 4.550% 08/09/2029
89236TMK8 60,000.00 A+ A1 08/08/24 08/09/24 59,753.40 4.64 1,304.33 59,774.74 59,397.12

ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
532457CQ9 60,000.00 A+ A1 08/12/24 08/14/24 59,868.60 4.25 1,169.00 59,879.86 58,947.96

ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
532457CQ9 200,000.00 A+ A1 08/13/24 08/14/24 200,292.00 4.17 3,896.67 200,267.76 196,493.20 Security Type Sub-Total 4,872,000.00 4,762,148.88 4.25 54,675.04 4,799,720.50 4,795,033.75 Certificate of Deposit

COOPERAT RABOBANK UA/NY
DTD 07/20/2023 5.080% 07/17/2026
21684LGS5 325,000.00 A+ Aa2 07/17/23 07/20/23 325,000.00 5.08 642.06 325,000.00 330,146.70 PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
12 of 14

Item 15.

Managed Account Detail of Securities Held For the Month Ending January 31, 2025 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
Security Type Sub-Total 325,000.00 325,000.00 5.08 642.06 325,000.00 330,146.70 Bank Note

MORGAN STANLEY BANK NA (CALLABLE)
DTD 05/30/2024 5.504% 05/26/2028
61690U8B9 325,000.00 A+ Aa3 05/30/24 05/31/24 325,685.75 5.45 3,229.78 325,503.95 329,438.53 Security Type Sub-Total 325,000.00 325,685.75 5.45 3,229.78 325,503.95 329,438.53 Asset-Backed Security
TAOT 2021-C A3
DTD 09/27/2021 0.430% 01/15/2026
89239BAC5 2,349.35 AAA Aaa 09/21/21 09/27/21 2,349.16 0.43 0.45 2,349.31 2,345.20 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 2,199.18 AAA NR 11/09/21 11/17/21 2,198.69 0.75 0.72 2,199.04 2,193.62 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 215,000.00 AAA NR 08/15/23 08/22/23 214,955.67 5.42 420.03 214,969.91 216,916.30 TAOT 2023-C A3
DTD 08/15/2023 5.160% 04/17/2028
89231FAD2 65,000.00 AAA NR 08/08/23 08/15/23 64,985.30 5.17 149.07 64,989.90 65,458.84 TAOT 2023-D A3
DTD 11/14/2023 5.540% 08/15/2028
89239FAD4 65,000.00 AAA NR 11/07/23 11/14/23 64,992.99 5.54 160.04 64,994.79 65,908.83 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 235,000.00 AAA Aaa 08/15/23 08/23/23 234,985.43 5.53 577.58 234,989.64 237,280.20 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
161571HT4 270,000.00 AAA NR 09/07/23 09/15/23 269,925.16 5.17 619.20 269,943.92 272,824.20 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
02582JKD1 275,000.00 AAA NR 09/12/23 09/19/23 274,987.71 5.23 639.22 274,990.94 278,342.90 HART 2023-C A3
DTD 11/13/2023 5.540% 10/16/2028
44918CAD4 95,000.00 AAA NR 11/03/23 11/13/23 94,987.51 5.54 233.91 94,990.47 96,290.77 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 120,000.00 NR Aaa 12/07/23 12/14/23 119,983.88 4.98 265.60 119,987.59 121,050.72 PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
13 of 14

Item 15.

Managed Account Detail of Securities Held For the Month Ending January 31, 2025 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
GMCAR 2024-1 A3
DTD 01/17/2024 4.850% 12/18/2028
36268GAD7 35,000.00 NR Aaa 01/09/24 01/17/24 34,992.96 4.85 70.73 34,994.32 35,146.55 CHAIT 2024-A1 A
DTD 01/31/2024 4.600% 01/16/2029
161571HV9 305,000.00 AAA NR 01/24/24 01/31/24 304,953.55 4.60 623.56 304,962.54 305,470.31 Security Type Sub-Total 1,684,548.53 1,684,298.01 5.16 3,760.11 1,684,362.37 1,699,228.44 Managed Account Sub-Total 36,561,921.40 35,592,889.53 3.66 218,041.42 36,080,326.45 35,684,758.01 $36,561,921.40 $35,592,889.53 3.66% $218,041.42 $36,080,326.45 $35,684,758.01 $35,902,799.43
$218,041.42
Total Investments
Accrued Interest
Securities Sub-Total
PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
14 of 14

Item 15.

STAFF REPORT
3/12/2025
TO: Honorable Mayor and City Council Members
FROM: Ruben Ramirez, Controller
SUBJECT: Investment Report – January 31, 2025
STAFF RECOMMENDATION:

Staff recommends that the City Council receive and file the investment report for January 2025.

EXECUTIVE SUMMARY:

On June 12, 2024, 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 15.

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 January 31, 2025. 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 15.

STAFF REPORT
3/12/2025
TO: Honorable Mayor and City Council Members
FROM: Celina Jimenez, Director of Economic Development
SUBJECT: Adopt Resolution No. 2025-11 Setting the Amount of Short-Term Vacation Rental Permit Application Fees, Pursuant to Coachella Municipal Code Chapter

5.80. STAFF RECOMMENDATION:

Staff recommends that the City Council take the following action with respect to regulating short term vacation rentals in the City:

1.) Adopt Resolution No. 2025-11 setting the amount of Short-Term Vacation Rental permit application fees, pursuant to Coachella Municipal Code Chapter 5.80.

BACKGROUND:

Pursuant to Chapter 5.80 of the Coachella Municipal Code, the City issues permits to owners of certain residential dwelling units within the City to lease all or some of their property as short-term vacation rentals, for a term of 30 or fewer consecutive days, subject to those conditions and regulations as provided in Chapter 5.80.

On February 26, 2025 and March 12, 2025, the Coachella City Council adopted two ordinances amending and updating the City’s regulations of short-term vacation rentals. Previously, the City issued only one kind of permit - an annual permit that allows short-term vacation rental of a residence any time of year by either residents or corporate/absentee owners. However, the two ordinances above amended the Municipal Code to create a second kind of permit, a limited seasonal permit that only residents of Coachella may apply for and which is effective from March 1 through June 1 – “Festival Season”.

Currently, the City imposes a $184 fee for an annual permit application. As part of the discussion about the two ordinances above, it was identified that current application fees are insufficient to reimburse the City for its administrative costs to process permit applications and for its regulatory costs of operating the short-term vacation rental program. State law authorizes the City to enact fees at rates that are sufficient to reimburse the City for its administrative and regulatory costs of operating the short-term vacation rental program. Section 5.80.060(B) of the City’s short-term

Item 16.
vacation rental ordinance further authorizes the City Council to set permit application fees by resolution.

DISCUSSION/ANALYSIS:

Staff believes that setting an application fee of $800 for an annual permit and a $400 fee for a seasonal permit will allow the City to better recover its processing and regulatory costs of the short-term vacation rental program. Staff believes that a lower application fee for seasonal permits is justified since the burden of processing, regulating and monitoring compliance for seasonal permits is anticipated to be less than with annual permits.

Current Permit
Fee
Seasonal Permits
(March 1 – June 1) Annual Permits
Coachella $184 $400 $800
Current Permit
Fee
Cathedral City $2,124
Desert Hot Springs $1,242
Indian Wells $279
Indio $1,944
La Quinta $1,050
$1,313
Palm Desert $29
Palm Springs $1,072

Item 16.

Therefore, attached to this report is a Resolution to increase permit application fees to $800 for annual permits and $400 for seasonal permits.

FISCAL IMPACT:

Unknown at this time, but the City will realize a financial benefit in that increased application fees will allow the City to better recover its processing and regulatory costs of the short-term vacation rental program, thereby reducing the burden on the General Fund and other City financial resources.

ALTERNATIVES:

The City Council has the following alternatives to consider:

1. Adopt Resolution No. 2025-11 Setting the Amount of Short-Term Vacation Rental Permit Application Fees, Pursuant to Coachella Municipal Code Chapter 5.80.

2. Provide staff with revisions to the Resolution and then adopt it; or

3. Provide alternate direction to staff.

ATTACHMENTS:

1. Resolution No 2025-11

Item 16.

RESOLUTION NO. 2025-11

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COACHELLA SETTING

THE AMOUNT OF SHORT-TERM VACATION RENTAL PERMIT APPLICATION FEES, PURSUANT TO COACHELLA MUNICIPAL CODE CHAPTER 5.80 WHEREAS, pursuant to Chapter 5.80 of Title 5 of the Coachella Municipal Code (sections

5.80.005 through 5.80.160), the City issues permits to owners of certain residential dwelling units within the City to lease all or some of their property as short-term vacation rentals, for a term of 30 or fewer consecutive days, subject to those conditions and regulations as provided in Chapter

5.80; and
WHEREAS, at duly noticed public meetings held on February 26, 2025 and March 12, 2025, the Coachella City Council adopted Urgency Ordinance No. 1221 and Ordinance No. 1222, amending and updating the City’s regulations of short-term vacation rentals in the City of Coachella; and WHEREAS, Section 5.80.060(B) of the City’s short-term vacation rental ordinance authorizes the City Council to set short-term vacation rental permit application fees by resolution; and WHEREAS, as part of the discussion about the Ordinances identified above, it was identified that current fees collected by the City from applicants for new and renewed short-term vacation rental permits are insufficient to reimburse the City for its administrative costs to process short-term vacation rental permit applications and for its regulatory costs of operating the short-term vacation rental program; and
WHEREAS, State law authorizes the City Council to adopt a resolution enacting fees at rates that are sufficient to reimburse the City for its administrative costs to process short-term vacation rental permit applications and for its regulatory costs of operating the short-term vacation rental program; and
WHEREAS, pursuant to its authority under State law and the Coachella Municipal Code, the City Council desires to update the City’s permit fee schedule for short-term vacation rental applications.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COACHELLA,

CALIFORNIA, DOES RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS:

Section 1: As authorized by State law and Coachella Municipal Code section 5.80.060(B), the City’s application fees for short-term vacation rental permit applications filed on or after the effective date of this Resolution shall be as set forth in attached Exhibit ”A”.

Section 2: CEQA. The City Council hereby finds and determines that this resolution relates to organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment, and therefore is not a project within the meaning of the California Environmental Quality Act (“CEQA”) and the State CEQA Guidelines, section 15378(b)(5).

Item 16.

Section 3: Severability. If any provision of this Resolution or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of the Resolution which can be given effect without the invalid provision or application, and to this end the provisions of this Resolution are severable. The City Council hereby declares that it would have adopted this Resolution irrespective of the invalidity of any particular portion thereof.

Section 4: Effective Date of Resolution. This Resolution shall take effect immediately upon its adoption.

PASSED, APPROVED and ADOPTED this 12
th day of March, 2025.
__________________________________
Steven A. Hernandez
Mayor
ATTEST:
___________________________________
Angela Zepeda
City Clerk
APPROVED AS TO FORM:
___________________________________
Ryan Guiboa
City Attorney

Item 16.

STATE OF CALIFORNIA

COUNTY OF RIVERSIDE

CITY OF COACHELLA
)
) ss.
)
I HEREBY CERTIFY that the foregoing Resolution No. 2024-68 was duly adopted by the City Council of the City of Coachella at its regular meeting thereof, held on the 12 h
day of
March, 2025, by the following vote of Council:

AYES:

NOES:

ABSENT:

ABSTAIN:
___________________________________
Delia Granados
Deputy City Clerk

Item 16.

ATTACHMENT “A”

SHORT-TERM VACATION RENTAL APPLICATION FEE SCHEDULE
Current Permit
Fee
Seasonal Permits
(March 1 – June 1) Annual Permits
Coachella $184 $400 $800

Item 16.
80237.00000\43369212.1
TO: Honorable Mayor and City Council Members
FROM: Ryan Guiboa, City Attorney
Delia Granados, Deputy City Clerk
SUBJECT: Consider and Provide Direction on Updates to Written Public Comment Procedures RECOMMENDED ACTION:

Staff recommends that the City Council consider and provide direction on updates, if any, to the City’s procedures in accepting and reading written public comments at Council meetings.

BACKGROUND:

The City currently provides multiple options for the public to provide comment at City Council meetings. Currently, public comments submitted by writing to the City Clerk by 3:00 P.M. on the day of the meeting are read into the record if the written comment is less than 250 words. Written public comments submitted after 3:00 P.M., but prior to the start of the meeting, are forwarded to the City Council and entered into the record.

Historically, the City Clerk did not read aloud written public comments at Council meetings. The process of reading written comments into the record started during the pandemic when meetings were solely conducted and attended virtually. Although Council meetings are now conducted in-person, the written comment procedures have not reverted back to the pre-pandemic process when written comments were simply accepted and entered into the record.

There is no legal requirement that written comments be read at Council meetings. Staff seeks Council direction on whether to continue the current practice of reading written comments into the record at Council meetings. And if Council wishes to continue the practice, whether the deadline of 3:00 P.M. and a word count of 250 words should remain in effect or otherwise revised.

FISCAL IMPACTS
There is no fiscal impact.

STAFF REPORT
March 12, 2025

Item 17.

STAFF REPORT
3/12/2025
TO: Honorable Mayor and City Council Members
FROM: Celina Jimenez, Director of Economic Development
SUBJECT: Provide Direction and Approve One Appointment to the City’s Culture and Arts Commission
STAFF RECOMMENDATION:

Staff is requesting that the City Council provide direction and make one appointment to fill a vacancy on the City’s Culture and Arts Commission.

BACKGROUND:

The City Council appointed four commissioners to the Culture and Arts Commission at the City Council meeting of February 26, 2025. However, one of the appointed commissioners, Alma Fregoso, declined her appointment, leaving a vacancy on the Culture and Arts Commission.

Appointee: Nominated By:

Armando Lerma Mayor Hernandez
Alyssa Maria Torres Mayor Pro Tem Delgado
Alma Fregoso Councilmember Perez (Declined Appointment) Oralia Ortiz (Alt.) Mayor Hernandez
List of Applicants for Culture and Arts Commission:

1. Irene N. Rodriguez

2. Javier Figueroa

3. Diana Ramirez
DISCUSSION/ANALYSIS:

Per the City’s Municipal Code Section 2.26.020 Commission Member Appointment process is as follows: “. . . each council member may nominate an individual to serve on each city commission and committee subject to appointment by the mayor, with approval by the city council, at open session of a regular or special city council meeting. “ Next steps and options include:
1) vote to elect from the applicants currently on file (attached hereto) 2) choose to establish a new application period to invite additional applicants to apply for the vacant Commissioner and Alternate Commissioner positions and/or 3) provide alternate direction.

Item 18.

FISCAL IMPACT:

None.

ATTACHMENTS:

Applications Received (3)

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