Covina City Council
April 15, 2025

CITY COUNCIL/SUCCESSOR AGENCY TO THE COVINA

REDEVELOPMENT AGENCY/COVINA PUBLIC FINANCING

AUTHORITY/COVINA HOUSING AUTHORITY JOINT MEETING
AGENDA

Tuesday, April 15, 2025, 7:30 p.m.
125 E. College Street, Covina, California
Council Chamber of City Hall

IMPORTANT NOTICE
Members of the public may begin entering the City Council Chamber 15 minutes prior to the scheduled start time of the meeting as listed above. During this time, and the duration of the meeting, members of the public will have access to the City Council Chamber and first floor restrooms only.

Members of the public may view the meeting live on the City’s website at www.covinaca.gov or on local cable television, Spectrum Channel 29 and Frontier Channel 42. To view from the website, click here or scroll down on the home page and click "City Meetings", once on the page, click the highlighted word next to Video Library under the City Council Meeting Agendas and Minutes header. A live banner will appear at the start of the meeting.

Public Comments: Time is reserved during the Public Comments portion of the meeting for those in the audience who wish to address the City Council on items listed on the agenda (e.g. Consent Calendar, Continued Business, and New Business items) and items not listed in the agenda within the subject matter jurisdiction of the City Council, except for Public Hearing items. Members of the audience will have the opportunity to address the Council/Agency/Authority regarding Public Hearing items at the time the public hearing is held.

All communications are to be addressed directly to the City Council and not to the members of the audience.

Each speaker is limited to a total of five (5) minutes, subject to the Mayor/Chairperson's discretion to amend time limits based on anticipated length of the meeting. A speaker's time may not be transferred to another speaker. State Law prohibits the Council/Agency/Authority from taking action on any item not on the agenda.

Meeting Assistance Information: In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Clerk’s Office at [email protected] or 626-384-5430. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting.

Pages
JOINT MEETING—CLOSED SESSION 6:30 PM

CLOSED SESSION - WILL NOT BE HELD
JOINT MEETING—OPEN SESSION 7:30 PM

CALL TO ORDER
Council/Agency/Authority Members: Walter Allen, III, Patricia Cortez, John C. King, Mayor Pro Tem/Vice Chair Hector Delgado, and Mayor/Chair Victor Linares

ROLL CALL

PLEDGE OF ALLEGIANCE
Led by Councilmember Allen.

INVOCATION
Given by Covina Police Chaplain Ron Butler.

APPROVAL OF AGENDA

PRESENTATIONS
A. Charter Oak Lady Chargers Cheer Athletes
B. Donate Life Month
C. Recognition of Covina Police Department Baker to Vegas Relay Participants

PUBLIC COMMENTS
This is the time and place for the general public to address the City Council/Agency/Authority on any item listed on the agenda (e.g. Consent Calendar, Continued Business, and New Business items) or not listed on the agenda, except for Public Hearing items. Members of the audience will have the opportunity to address the Council/Agency/Authority regarding Public Hearing items at the time the public hearing is held.

Each speaker is limited to a total of five (5) minutes, subject to the Mayor/Chairperson's discretion to amend time limits based on the anticipated length of the meeting.

COUNCIL/AGENCY/AUTHORITY COMMENTS
Council/Agency/Authority Members wishing to make any announcements of public interest or to request that specific items be added to future Council/Agency/Authority agendas may do so at this time.

CITY MANAGER COMMENTS

CONSENT CALENDAR
All matters listed under Consent Calendar are considered routine, and will be enacted by one motion. There will be no separate discussion on these items prior to the time the Council/Agency/Authority votes on them, unless a member of the Council/Agency/Authority requests a specific item be removed from the Consent Calendar for discussion.

CC 1. Minutes 5
Staff Recommendation:

Approve the Minutes of the April 1, 2025, Regular Meeting of the City Council/Successor Agency to the Covina Redevelopment Agency/Covina Public

Financing Authority/Housing Authority.

CC 2. Payment of Demands 11
Staff Recommendation:

Approve Payment of Demands in the amount of $3,769,274.99.

CC 3. City of Covina Investment Report for Month Ended March 31, 2025 17 Staff Recommendation:

Receive and File.

CC 4. Covina Park Improvements Project – Project No. P2005 – Final Acceptance and Filing Notice of Completion
33 Staff Recommendation:

1. Accept the work performed by Gentry Brothers, Inc.; and Authorize the City Clerk to file a Notice of Completion for the Covina Park Improvements Project – Project No. P2005.

2. CC 5. Approval of Fiscal Year 2026 Water Supply Strategy and Authorization to Execute All Requisite Documents
37 Staff Recommendation:

Approve the Fiscal Year 2026 water supply strategy outlined in this report;

1. Authorize the City Manager to execute a Temporary Assignment or Lease of Water Right Form to assign up to 383.66 acre feet of Water Production Rights from the City to an Alternate Water Agency for FY 2026;

2. Authorize the City to solicit and lease up to 400 shares of Covina Valley Water Company stock for Fiscal Year 2026, and execute a Lease Agreement and an Order for Delivery with interested shareholders; and

3. Authorize the City to participate in the Fiscal Year 2026 Covina Valley Water Company lease pool.

4. CC 6. Escheatment of Unclaimed Funds to the City of Covina in Accordance with the Escheat of Unclaimed Property Policy
47 Staff Recommendation:

Authorize staff to pursue the escheatment of unclaimed funds to the City in the amount of $97,489.27 and approve the transfer of any available funds remaining unclaimed to be recognized as revenue in the General Fund in accordance with the Escheat of Unclaimed Property Policy.

CC 7. Amend Finance Advisory Commission Regular / Special Meeting Bylaws 59 Staff Recommendation:

Adopt Resolution CC 2025-27 Amending the Bylaws of the Finance Advisory Commission Pertaining to the Establishment of a Meeting Quorum and to Allow Bylaw Amendments at All Meetings.

CC 8. Adoption of Resolutions Relating to the Annexation of Territory to Community Facilities District No. 2007-1, declaring intention to Authorize Annexation, Adopting Boundary Map, and Setting the Public Hearing Date for June 3, 2025
67

Staff Recommendation:

Adopt City Resolution CC 2025-28, declaring intention to authorize the annexation of territory (270 West Dexter Street, Covina//Annexation 37) to Community Facilities District No. 2007-1 (Public Services); and

1. Adopt City Resolution CC 2025-29, adopting boundary map showing territory proposed to be annexed in the future to Community Facilities District No. 2007-1 (Public Services).

2. CC 9. Adopt Resolution Proclaiming April 22, 2025 as Earth Day in the City of Covina
83 Staff Recommendation:

Adopt Resolution CC 2025-30 proclaiming April 22, 2025, as Earth Day in the City of Covina.

PUBLIC HEARINGS
PH 1. Public Hearing on City Vacancies and Recruitment and Retention Efforts (Assembly Bill 2561/Government Code Section 3502.3)
87 Staff Recommendation:

City Council to open the public hearing and consider public testimony at which the City will report on workforce vacancies, and recruitment and retention efforts and the City's recognized employee organizations will be provided an opportunity to make a presentation on such subjects (Procedures for the Public Hearing on City Vacancies and Recruitment and Retention Efforts are attached hereto as Attachment “A.”); and

1. Receive and File a staff report on the City’s workforce vacancies, and recruitment and retention efforts in compliance with Assembly Bill (“AB”) 2561. (Gov. Code § 3502.3.).

2. NEW BUSINESS
NB 1. FY 2025-26 Capital Improvement Project Presentation NB 2. Creation of City Council Ad-Hoc Committee to Review City Council Procedural Guidelines and Policies
93 Staff Recommendation:

That the City Council authorize the formation of an Ad-Hoc Committee to review City Council Procedural Guidelines and Policies and appoint two Council Members to serve on the committee.

ADJOURNMENT
The Covina City Council/Successor Agency to the Covina Redevelopment Agency/Covina Public Financing Authority/Covina Housing Authority will adjourn to its next regular meeting of the Council/Agency/Authority scheduled for Tuesday, May 6, 2025, at 6:30 p.m. for closed session and at 7:30 p.m. for open session inside the Council Chamber at City Hall, located at 125 East College Street, Covina, California, 91723.

1 CITY COUNCIL/SUCCESSOR AGENCY TO THE COVINA REDEVELOPMENT

AGENCY/COVINA PUBLIC FINANCING AUTHORITY/COVINA HOUSING

AUTHORITY JOINT MEETING

MINUTES
April 1, 2025, 7:30 p.m.
125 E. College Street, Covina, California
Council Chamber of City Hall
Councilmembers Present: Councilmember Walter Allen, III Councilmember Patricia Cortez
Councilmember John C. King
Mayor Pro Tem/Vice-Chair Hector Delgado
Mayor/Chair Victor Linares
Staff Present: City Clerk Drew Aleman (Elected Member)
City Treasurer Neil Polzin (Elected Member)
City Manager Chris Marcarello
City Attorney Candice K. Lee
Police Chief Ric Walczak
Community Development Director/Deputy City Manager Brian Lee Parks & Recreation/Library Services Director Lisa Evans Public Works Director Rafael Fajardo
Deputy City Manager Angel Carrillo
Chief Deputy City Clerk Fabian Velez
Interim Finance Director Theresa Franke
_____________________________________________________________________

2 JOINT MEETING—CLOSED SESSION 6:30 PM

CLOSED SESSION - WAS NOT HELD
JOINT MEETING—OPEN SESSION 7:30 PM

CALL TO ORDER
Mayor King called the Council/Agency/Authority meeting to order at 7:35 p.m. with all Councilmembers present.

ROLL CALL

PLEDGE OF ALLEGIANCE
Led by Councilmember Delgado.

INVOCATION
Given by Covina Police Chaplain Steve Martinez.

APPROVAL OF AGENDA
Motion made by: Mayor Pro Tem Linares
Seconded by: Councilmember Cortez
Approve the agenda as presented.

Approved (5 to 0)

CITY COUNCIL REORGANIZATION
City Clerk to Conduct Election of Mayor
City Clerk Aleman declared the positions of Mayor and Mayor Pro Tempore vacant and opened nominations for Mayor. Councilmember King nominated Councilmember Linares for Mayor. The nomination was seconded by Councilmember Allen. Hearing no other nominations, City Clerk Aleman closed the nomination period and declared Councilmember Linares as Mayor of the Covina City Council by acclamation.

Incoming Mayor to Conduct Election of Mayor Pro Tempore Mayor Linares called for nominations for the position of Mayor Pro Tempore. Councilmember Cortez nominated Councilmember Delgado for the position of Mayor Pro Tempore. The nomination was seconded by Councilmember Allen. Hearing no other nominations, Mayor Linares closed the nomination period and declared Councilmember Delgado as Mayor Pro Tempore of the Covina City Council by acclamation.

PRESENTATIONS
A. Recognition of Outgoing Mayor
City Manager Marcarello, Sandra Armenta Lopez, representing the Office of State Senator Susan Rubio, Wendy Saavedra, representing the Office of State

3 Assemblymember Blanca Rubio, Councilmember Allen, Councilmember Cortez, Mayor Pro Tem Delgado, and Mayor Linares provided thanks and kind words regarding Councilmember King's term as Mayor.

Councilmember King thanked his colleagues and those who spoke for their kind words, his family for their support, City staff for their hard work, and community for being the heart of the City.

PUBLIC COMMENTS
Neil Polzin requested a reevaluation of the City's chaplain program and invocation policy, increasing LGBTQ visibility, and a reexamination of board and commission appointments.

Trump 45 spoke of the issues surrounding homelessness and misuse of government resources.

Mistress Transgender Queen commented on recent changes regarding funding for homeless services, the City's Treasurer and fraud policy, and the importance of cohesion in law enforcement across different law enforcement agencies.

Diana Mullens commented on her political contributions.

Carmen Gonzalez discussed a fatal accident and what is being done to the attention of the City Council.

Wai Kit Lam informed the City Council of noise complaints regarding Gladi8tor Brews & Billiards.

COUNCIL/AGENCY/AUTHORITY COMMENTS
Councilmember Allen stated he was looking forward to Mayor Linares' new term as Mayor.

Councilmember King requested that the City Council adjourn the meeting in memory of Covina resident Jeanette Torres.

Councilmember Cortez expressed her excitement for Mayor Linares' opportunity to serve in his newly appointed role.

Mayor Pro Tem Delgado thanked his colleagues for nominating him to the position of Mayor Pro Tem and thanked those in attendance.

Mayor Linares expressed his gratitude for those in attendance, his and Councilmember King's family for their support, and City staff for their hard work.

CITY MANAGER COMMENTS
City Manager Marcarello had no comments.

CONSENT CALENDAR
CC 1. Minutes
Motion made by: Mayor Pro Tem Delgado
Seconded by: Councilmember King
Approve the Minutes of the March 18, 2025, Regular Meeting of the City Council/Successor Agency to the Covina Redevelopment Agency/Covina Public Financing Authority/Housing Authority.

Approved (5 to 0)

4 CC 2. Payment of Demands
Motion made by: Mayor Pro Tem Delgado
Seconded by: Councilmember King
Approve Payment of Demands in the amount of $3,742,440.32.

Approved (5 to 0)
CC 3. First Amendment to Professional Services Agreement with SAESHE to Provide Program Management Services for the Used Motor Oil Payment Program
Motion made by: Mayor Pro Tem Delgado
Seconded by: Councilmember King
Authorize the City Manager to execute the First Amendment to the Professional Services Agreement with SAESHE for a two-year contract extension for management of the City’s Used Motor Oil Payment Program in an amount not-toexceed $26,600.

Approved (5 to 0)
CC 4. Professional Services Agreement with Premier Aquatics Services LLC to Provide Aquatics Programs and Services
Motion made by: Mayor Pro Tem Delgado
Seconded by: Councilmember King
Authorize City Manager to Execute Agreement with Premier Aquatics Services LLC to Provide Aquatics Programs and Services.

Approved (5 to 0)
CC 5. Resolution CC 2025-22 Accepting an Easement and Offer of Dedication for Public Purposes Associated with the Development of Property at 270 W.

Dexter Street
Motion made by: Mayor Pro Tem Delgado
Seconded by: Councilmember King
Adopt Resolution CC 2025-22 accepting an easement and offer of dedication for public purposes associated with the development of property at 270 W. Dexter Street.

Approved (5 to 0)
CC 6. Initiate Proceeding to Annex Territory, Levy & Collect Annual Assessment for FY 2025/2026, Set Public Hearing for Protests & Declare Intent to Annex Territory to Covina Landscape Maintenance District No. 1 – Zone 19 Motion made by: Mayor Pro Tem Delgado
Seconded by: Councilmember King

1. Adopt Resolution CC 2025-23 initiating proceedings for the annexation of territory (Zone 19) to Covina Landscape Maintenance District No. 1 and

5 the levy and collection of annual assessments related thereto commencing with FY 2025/2026, pursuant to the Provisions of Part 2 of Division 15 of the California Streets and Highways Code; and

2. Adopt Resolution CC 2025-24 declaring the City’s intention to annex territory (Zone 19) and to levy and collect annual assessments and call for a property owner protest ballot proceeding for the Covina Landscape Maintenance District No. 1.

Approved (5 to 0)
CC 7. Initiate Proceedings for to Annex Territory & to Levy and Collect Annual Assessments Commencing with FY 2025/2026, Set Public Hearing for Protests in Relation Thereto, & Declaring Intention to Annex Territory to Covina Lighting District No. 1978-79
Motion made by: Mayor Pro Tem Delgado
Seconded by: Councilmember King

1. Adopt Resolution CC 2025-25 initiating proceedings for the annexation of territory to Covina Lighting District No. 1978-79 and the levy and collection of annual assessments related thereto commencing with FY 2025/2026, pursuant to the Provisions of Part 2 of Division 15 of California Streets and Highways Code; and

2. Adopt Resolution CC 2025-26 declaring the City’s intention to annex territory (No. 83) and to levy and collect annual assessments and call for a property owner protest ballot proceedings for the Covina Lighting District No. 1978-79.

Approved (5 to 0)
CC 8. Xerox Copier Lease and Managed Print Service Agreement Motion made by: Mayor Pro Tem Delgado
Seconded by: Councilmember King
Authorize the City Manager to Execute an Agreement with PEAC Solutions and Excel Office Services to Provide Copiers and Managed Print Services.

Approved (5 to 0)

ADJOURNMENT
At 8:30 p.m., the Covina City Council/Successor Agency to the Covina Redevelopment Agency/Covina Public Financing Authority/Covina Housing Authority adjourned in memory of Jeanette Torres to its next regular meeting of the Council/Agency/Authority scheduled for Tuesday, April 15, 2025, at 6:30 p.m., for closed session and 7:30 p.m., for open session in the Council Chamber located inside of City Hall, 125 East College Street, Covina, California, 91723. ________________________________
Fabian Velez, Chief Deputy City Clerk
_________________________
Victor Linares, Mayor/Chair

CITY OF COVINA AND

SUCCESSOR AGENCY TO THE

COVINA REDEVELOPMENT AGENCY

AGENDA ITEM REPORT
ITEM NO. CC 2
Meeting: April 15, 2025
Title: Payment of Demands
Presented by: Theresa Franke, Interim Director of Finance Recommendation: Approve Payment of Demands in the amount of $3,769,274.99.

EXECUTIVE SUMMARY/BACKGROUND:

Attached is a list of warrants and demands which are being presented for approval and are summarized as follows:

Accounts Payable Warrants March 14, 2025 – March 27, 2025 CITY checks/EFTs $ 3,418,839.91
CITY payroll $ 1,109,786.38
CITY voids $ (808,514.31)
Worker’s Comp $ 48,892.13
$ 3,769,004.11
SACRA checks/EFTs $ 25.98
SACRA payroll $ 244.90
$ 270.88
TOTAL checks/EFTs $ 3,769,274.99
DISCUSSION:

The attached reports have been reviewed by the Interim Director of Finance.

FISCAL IMPACT:

Sufficient funding is available and the related costs are included in the Fiscal Year 24/25 budget.

Respectfully submitted,

CITY OF COVINA
Check Register
Mar 14, 2025 - Mar 27, 2025
Check # Check Date Vendor Name Amount
6007 03/25/2025 487 CALIFORNIA PUBLIC EMPLOYEES' 2,250.00 6008 03/25/2025 5207 PNC BANK NATIONAL ASSOCATION 738,251.11 6009 03/25/2025 5438 BMO 23,109.70
6010 03/27/2025 4003 MidAmerica 1,586.25
20940 03/27/2025 487 CalPERS 95,842.18
20941 03/27/2025 788 COVINA, CITY OF 49,872.27 *
20942 03/27/2025 789 COVINA-FSA, CITY OF 1,344.99
20943 03/27/2025 2033 NATIONWIDE RETIREMENT SOLUTIONS 35,452.13 20944 03/27/2025 487 CalPERS (464.37)
20945 03/27/2025 788 COVINA, CITY OF 17.34 *
20946 03/27/2025 788 COVINA, CITY OF (76.33) *
subtotal EFT/wires/direct deposits 947,185.27
Internal transfers - workers comp allocation - no net cash effect (49,813.28) * subtotal EFT/wires/direct deposits less Internal Transfers $897,371.99 125544 03/20/2025 2 10-8 RETROFIT 20,916.87
125545 03/20/2025 58 ADVANTAGE 11,892.28
125546 03/20/2025 84 AIRGAS-WEST 879.42
125547 03/20/2025 113 ALL CITY MANAGEMENT SVC 13,993.03 125548 03/20/2025 219 AT&T 90.69
125549 03/20/2025 219 AT&T 67.69
125550 03/20/2025 221 AT&T MOBILITY 4.35
125551 03/20/2025 255 AZUSA PLUMBING & HEATNG SUPPLY 712.85 125552 03/20/2025 437 BURRO CANYON ENT INC 100.00
125553 03/20/2025 568 CAT SPECIALTIES INC 533.34
125554 03/20/2025 649 CINTAS CORP #693 779.26
125555 03/20/2025 654 CITRUS CAR WASH 29.99
125556 03/20/2025 849 DAPEER ROSENBLIT & LITVAK LLP 4,636.24 125557 03/20/2025 962 EAST DISTRICT SUPERIOR COURT 8,327.70 125558 03/20/2025 970 EDISON CO 57.80
125559 03/20/2025 1204 GOLDEN STATE WATER COMPANY 206.85 125560 03/20/2025 1235 GRAINGER 358.47
125561 03/20/2025 1241 GRAND PRINTING 1,766.20
125562 03/20/2025 1275 HAAKER EQUIPMENT CO 1,747.15
125563 03/20/2025 1352 HINDERLITER DELLAMAS & ASSOC 2,719.53 125564 03/20/2025 1371 HOSE MAN INC, THE 204.62
125565 03/20/2025 1561 KEYSTONE UNIFORM DEPOT 1,049.97
125566 03/20/2025 1633 LACPCA 500.00
125567 03/20/2025 1646 LANGUAGE LINE SERVICES INC 73.32 125568 03/20/2025 1754 LOWE'S COMPANIES INC 356.97
125569 03/20/2025 1924 MILLERS & ISHAMS 784.85
125570 03/20/2025 1933 MISSION LINEN SUPPLY 44.98
125571 03/20/2025 2027 NAPA AUTO PARTS 347.09
125572 03/20/2025 2091 O REILLY AUTO PARTS 560.81
125573 03/20/2025 2270 PLUMBING WHOLESALE OUTLET 27.47
125574 03/20/2025 2309 PROFESSIONAL ACCOUNT MANAGEMENT LLC 10,599.63 125575 03/20/2025 2329 PUENTE READY MIX INC 869.24
125576 03/20/2025 2345 QUILL 275.66
125577 03/20/2025 2388 RC FIRE PROTECTION 310.00
125578 03/20/2025 2415 REPUBLIC MASTER CHEFS 248.36
125579 03/20/2025 2711 SOUTHEAST CONSTRUCTION PRODUCTS - COVINA 320.55 125580 03/20/2025 2719 SPARKLETTS 74.42
125581 03/20/2025 2736 STAPLES BUSINESS ADVANTAGE 965.82 125582 03/20/2025 2743 STATE CONTROLLER'S OFFICE 3,600.00 125583 03/20/2025 2855 CHARTER COMMUNICATIONS 428.17
125584 03/20/2025 2958 USPS - POC ACCOUNT #8098154 965.14 125585 03/20/2025 2995 VENTEK INTERNATIONAL 1,575.00
125586 03/20/2025 3001 VERIZON WIRELESS 1,951.20
125587 03/20/2025 3004 VICTORY EXTERMINATING INC 235.00 125588 03/20/2025 3023 VULCAN MATERIALS COMPANY 834.41
Attachment A Page 1 of 4

CITY OF COVINA
Check Register
Mar 14, 2025 - Mar 27, 2025
Check # Check Date Vendor Name Amount
125589 03/20/2025 3052 WATERLINE TECHNOLOGIES INC 32,271.16 125590 03/20/2025 3082 WESTERN WATER WORKS SUPPLY 826.89 125591 03/20/2025 3274 WILLDAN 6,576.50
125592 03/20/2025 3729 SUNBELT RENTALS INC 439.35
125593 03/20/2025 3771 BLACK & WHITE EMERGENCY VEHICLES 100.00 125594 03/20/2025 3796 RICHARDS, WATSON & GERSHON 25,615.04 125595 03/20/2025 3837 SONSRAY MACHINERY LLC 540.00
125596 03/20/2025 4246 FERGUSON WATERWORKS #1083 2,974.91 125597 03/20/2025 4279 BOSS JANITORIAL SERVICES 23,473.26 125598 03/20/2025 4389 EMPLOY AMERICA 2,580.00
125599 03/20/2025 4455 FRONTIER 3,891.93
125600 03/20/2025 4519 Foothill Communications, LLC 171,851.58 125601 03/20/2025 4662 OverDrive, Inc 5,000.00
125602 03/20/2025 4667 Ocean Blue Environmental Services, Inc. 2,661.08 125603 03/20/2025 4676 Hill Brothers Chemical Company 1,201.74 125604 03/20/2025 4764 UniFirst Corporation 396.85
125605 03/20/2025 4766 HASA, INC. 800.40
125606 03/20/2025 4817 Weck Analytical Environmental Services, Inc. 273.00 125607 03/20/2025 4835 ABBA TERMITE & PEST CONTROL, INC 125.00 125608 03/20/2025 4871 HARRINGTON INDUSTRIAL PLASTICS, LLC 420.21 125609 03/20/2025 4886 DG Collision LLC 1,604.54
125610 03/20/2025 4960 Data Ticket, Inc. 200.00
125611 03/20/2025 4979 GRBCON, Inc. 3,785.00
125612 03/20/2025 4996 Green Giant Landscape, Inc. 112,108.78 125613 03/20/2025 5081 Veolia ES Technical Solutions, LLC 220.43 125614 03/20/2025 5108 DocuSign, Inc. 3,172.00
125615 03/20/2025 5117 Steam It All LLC 620.00
125616 03/20/2025 5137 MasterCorp Commercial Services LLC 4,748.20 125617 03/20/2025 5138 Ricoh USA, Inc. 299.63
125618 03/20/2025 5213 TANGLED WEB SOLUTIONS: INVESTIGATIONS 5,512.64 125619 03/20/2025 5269 CONTROL AIR ENTERPRISES LLC. 6,132.43 125620 03/20/2025 5291 AMAZON CAPITAL SERVICES, INC 251.49 125621 03/20/2025 5351 TACOHOLICS ANONYMOUS 969.75
125622 03/20/2025 5354 MALLORY SAFETY & SUPPLY LLC 373.35 125623 03/20/2025 5435 CORE & MAIN LP 887.38
125624 03/20/2025 5456 JOSE GONZALEZ 3,380.00
125625 03/20/2025 5517 BATTERY CONNECTION INC. 354.80
125626 03/20/2025 5537 CHEYNE BURRIS INC 2,601.31
125627 03/20/2025 5568 PERERA CONSTRUCTION & DESIGN, INC. 808,514.31 125628 03/20/2025 5618 CAMPANIA INTERNATIONAL, LLC 6,641.96 125629 03/20/2025 5625 LORD AUTO GLASS 550.00
125630 03/20/2025 5627 CITY OF CORONA 50.00
125631 03/20/2025 5630 CALIFORNIA NARCOTIC OFFICER'S ASSOCIATION 295.00 125632 03/20/2025 99999 CHRIS MARCARELLO 62.51
125633 03/20/2025 99999 DAVID RODRIGUEZ 102.78
125634 03/20/2025 99999 KYLE HULSEY 65.95
125635 03/20/2025 99999 LISA LEE 14.00
125636 03/20/2025 99999 NADIA JOHNSON 293.68
125637 03/20/2025 99999 SONIA JIMENEZ 17.36
125638 03/20/2025 99999 WILLIAM GAVAGHAN 10,000.00
125639 03/20/2025 5568 PERERA CONSTRUCTION & DESIGN, INC. 808,514.31 125640 03/27/2025 219 AT&T 516.06
125641 03/27/2025 477 STATE OF CALIFORNIA 664.20
125642 03/27/2025 477 STATE OF CALIFORNIA 1,360.14
125643 03/27/2025 568 CAT SPECIALTIES INC 119.60
125644 03/27/2025 703 UNIQUE PRINTING 1,031.94
125645 03/27/2025 737 COOPERATIVE PERSONNEL SVC 866.80
125646 03/27/2025 749 BOHL PH.D., NANCY K. 220.00
125647 03/27/2025 783 CITY OF COVINA WATER 132.80
Attachment A Page 2 of 4

CITY OF COVINA
Check Register
Mar 14, 2025 - Mar 27, 2025
Check # Check Date Vendor Name Amount
125648 03/27/2025 970 EDISON CO 6,416.58
125649 03/27/2025 1055 FEDEX 72.43
125650 03/27/2025 1156 THE GAS COMPANY 2,174.62
125651 03/27/2025 1204 GOLDEN STATE WATER COMPANY 146.36 125652 03/27/2025 1235 GRAINGER 2,051.37
125653 03/27/2025 1241 GRAND PRINTING 659.74
125654 03/27/2025 1364 HOME DEPOT CREDIT SERVICES 211.94 125655 03/27/2025 1612 LA CNTY DEPT OF PUBLIC WORKS 5,582.19 125656 03/27/2025 1710 LIFELOC TECHNOLOGIES INC 71.20
125657 03/27/2025 2270 PLUMBING WHOLESALE OUTLET 48.25
125658 03/27/2025 2415 REPUBLIC MASTER CHEFS 203.40
125659 03/27/2025 2487 RSG, Inc. 362.50
125660 03/27/2025 2855 CHARTER COMMUNICATIONS 723.73
125661 03/27/2025 2929 ULINE 296.24
125662 03/27/2025 3001 VERIZON WIRELESS 8,751.34
125663 03/27/2025 3023 VULCAN MATERIALS COMPANY 3,442.73 125664 03/27/2025 3070 WEST COAST ARBORISTS INC 12,393.53 125665 03/27/2025 3152 YWCA 588.79
125666 03/27/2025 3796 RICHARDS, WATSON & GERSHON 354.00 125667 03/27/2025 4065 VERIZON BUSINESS SERVICES 999.40 125668 03/27/2025 4077 INTERWEST CONSULTING GROUP INC 6,817.50 125669 03/27/2025 4123 RUDY CARDENAS 175.00
125670 03/27/2025 4201 OFFICE TEAM - A ROBERT HALF COMPANY 1,325.20 125671 03/27/2025 4332 ERIC ARROYO 1,350.00
125672 03/27/2025 4374 ADMINSURE, INC 9,343.34
125673 03/27/2025 4406 MORITA, DUANE A 1,375.00
125674 03/27/2025 4455 FRONTIER 850.29
125675 03/27/2025 4817 Weck Analytical Environmental Services, Inc. 480.00 125676 03/27/2025 4833 Michael R. Hillmann 2,210.00
125677 03/27/2025 4835 ABBA TERMITE & PEST CONTROL, INC 450.00 125678 03/27/2025 4925 Humane Society of Pomona Valley, Inc. 23,065.58 125679 03/27/2025 5213 TANGLED WEB SOLUTIONS: INVESTIGATIONS 1,900.00 125680 03/27/2025 5228 ODP BUSINESS SOLUTIONS, LLC 108.49 125681 03/27/2025 5233 RODENT PEST TECHNOLOGIES 141.95
125682 03/27/2025 5280 ALDERMAN & HILGERS LLP 792.00
125683 03/27/2025 5291 AMAZON CAPITAL SERVICES, INC 974.66 125684 03/27/2025 5394 SIERRA PLUMBING & DRAIN CLEANING 1,075.00 125685 03/27/2025 5528 JAKE MARTINEZ 2,160.00
125686 03/27/2025 5568 PERERA CONSTRUCTION & DESIGN, INC. 103,009.12 125687 03/27/2025 5629 PACIFIC EXCEL GROUP LLC 975.76
125688 03/27/2025 5634 PRACTICE 18,644.50
125689 03/27/2025 5638 KIRAKOSIAN LAW, APC CLIENT TRUST ACCOUNT 100,000.00 125690 03/27/2025 99999 ALAN JOHNSON 82.37
125691 03/27/2025 99999 ARNE RAUSCH 77.00
125692 03/27/2025 99999 BRANDON DUVAL 1,566.00
125693 03/27/2025 99999 BRITTANY VIERRA 41.00
125694 03/27/2025 99999 CHARLES RUSSOM 86.08
125695 03/27/2025 99999 DESIREE JIMENEZ 65.80
125696 03/27/2025 99999 GRBCON INC 360.37
125697 03/27/2025 99999 GWYNETH FERNANDEZ-VO 469.68
125698 03/27/2025 99999 JORGE A DIAZ 177.17
125699 03/27/2025 99999 KENNETH LYLES JR. 1,000.00
125700 03/27/2025 99999 MARCOS IGLESIAS 3,823.00
125701 03/27/2025 99999 OPENDOOR LABS INC. 63.89
125702 03/27/2025 99999 RYAN DAVIS 199.27
125703 03/27/2025 99999 SORAYA DIAZ 63.57
125704 03/27/2025 99999 THERESA FRANKE 272.98
125705 03/27/2025 68 AFLAC ACCT# YQ792 WORLDWIDE HEADQUARTERS 4,629.68 125706 03/27/2025 69 AFSCME District Council 36 742.50
Attachment A Page 3 of 4

CITY OF COVINA
Check Register
Mar 14, 2025 - Mar 27, 2025
Check # Check Date Vendor Name Amount
125707 03/27/2025 775 COVINA POLICE ASSOCIATION 2,700.00 125708 03/27/2025 878 DELTA DENTAL OF CALIFORNIA 9,334.53 125709 03/27/2025 3795 PRE-PAID LEGAL SERVICES, INC 155.48 125710 03/27/2025 3846 CLEA 976.00
125711 03/27/2025 4255 RELIASTAR LIFE INSURANCE COMPANY 4,523.70 125712 03/27/2025 4710 Fidelity Security Life Insurance Company 1,013.68 subtotal checks 2,521,493.90 $
125627 03/20/2025 5568 PERERA CONSTRUCTION & DESIGN, INC. (808,514.31) subtotal voids (808,514.31) $
payroll (03/27/25) 1,110,031.28 $
payroll (//) - $
workers' compensation 48,892.13 $
TOTAL checks/EFTs $3,769,274.99
Attachment A Page 4 of 4

CC Regular Meeting

AGENDA ITEM REPORT
ITEM NO. CC 3
Meeting: April 15, 2025
Title: City of Covina Investment Report for Month Ended March 31, 2025 Presented by: Theresa Franke, Interim Director of Finance Charles Russom, Sr. Management Analyst
Recommendation: Receive and File.

EXECUTIVE SUMMARY:

Pursuant to Government Code Section 53600 et seq. and Section 4.0 of the City of Covina’s Investment Policy, a monthly investment report must be provided to the City Council and City Manager, containing detailed information of all securities, investments and monies of the City.

DISCUSSION:

The attached report for the City and Successor Agency reflects the portfolio balances for the month ended March 31, 2025. The report is in conformity with the City’s Investment Policy as well as Government Code 53601. In accordance with the City's Investment Policy, the City Council authorizes staff to continue investing the City's idle funds in similar securities as those presented in these reports attached hereto. There are sufficient funds to meet the pooled expenditure requirements for all City funds for the next 6 months.

FISCAL IMPACT:

None to receive and file.

Respectfully submitted,

CASH PER BANK AND INVESTMENT BALANCE 2/28/2025 $94,325,154.78 RECEIPTS 3/1/25-3/31/25 18,841,921.06

DISBURSEMENTS 3/1/25-3/31/25 (21,554,524.92)
CASH PER BANK AND INVESTMENT BALANCE 3/31/2025 $91,612,550.92

ANALYSIS OF CASH PER BANK AND INVESTMENT BALANCE - BOOK VALUE INVESTMENT PORTFOLIO Attachment A-2 $53,177,671.79
LOCAL AGENCY INVESTMENT FUND Attachment A-4 33,650,961.85 TOTAL PUBLIC INVESTMENTS 86,828,633.64
CHECKING / PETTY / STIFEL CASH BALANCES 4,783,917.28
CASH PER BANK AND INVESTMENT BALANCE 3/31/2025 91,612,550.92 CASH HELD BY BOND TRUSTEES 3,251,470.63
TOTAL CASH PER BANK AND INVESTMENT / BOND TRUSTEE CASH BALANCE 3/31/2025 $94,864,021.55

CITY OF COVINA INVESTMENT REPORT
FOR THE MONTH ENDED MARCH 31, 2025
The purpose of this report is to provide readers with the overall cash position of the City. There is sufficient investment liquidity to meet the required reserve limits of the City's operations.

Attachment A -City

BOOK ACQUISITION MATURITY MARKET

TYPE OF INVESTMENT ISSUER VALUE DATE DATE VALUE
City of Covina:

Drawer & Petty Cash N/A $7,780.12 N/A N/A $7,780.12
General - Checking Account BMO 1,780,519.33 N/A Demand 1,780,519.33 Public Agency Saving - Parking Fines BMO 84,441.83 N/A Demand 84,441.83 Utility Billing Account BMO 10,415.84 N/A Demand 10,415.84 Workers' Compensation - Checking Account BMO 87,840.79 N/A Demand 87,840.79 Payroll - Checking Account BMO 459,524.16 N/A Demand 459,524.16 Money Market BMO 2,020,691.74 N/A Demand 2,020,691.74
AFLAC Flexible Spending Account BMO 16,591.24 N/A Demand 16,591.24 STIFEL Cash Per GL Various 316,112.23 Various Various 316,112.23 STIFEL Investment Portfolio Various 53,177,671.79 Various Various 53,148,574.06 Local Agency Investment Fund State of California 33,650,961.85 N/A Demand 33,650,961.85 Subtotal (A) $91,612,550.92 $91,583,453.19
Cash Held With 3rd Party Administrator:

TRIP 2017A Covina Wilmington Trust $649.14 N/A Demand $649.14 LA County Loan Agreement U.S. Bank 1,625,055.05 N/A Demand 1,625,055.05 Other Post-Employment Benefits Charles Schwab 1,563,633.34 N/A Demand 1,563,633.34 2021 Taxable Pension Obligation Bonds U.S. Bank 930.05 N/A Demand 930.05 2019 Wastewater Refunding Bonds U.S. Bank 61,203.05 N/A Demand 61,203.05 Subtotal (B) $3,251,470.63 $3,251,470.63
TOTAL (A+B) $94,864,021.55 $94,834,923.82

CITY OF COVINA

CASH AND INVESTMENT SUMMARY
FOR THE MONTH ENDED MARCH 31, 2025
The purpose of this schedule is to show the total cash and investments held by the City of Covina by account.

Exhibit A-2

CITY OF COVINA
Stifel
Investment Summary as of
March 2025
Investment Portfolio as of
March 2025
Issuer
Purchase
Date
Market Price Per
Share Qty
Total Original Cost
Value Coupon CUSIP Maturity Trustee
FEDL Agric MTG CorpMedium Term Note 06/30/22 95.362000 1,000,000 $ 915,357.70 0.9400 31422XGQ9 10/26/2026 Stifel FEDL Agric MTG Corp -
Medium Term Note 07/02/24 100.090000 1,000,000 1,000,000.00 5.2700 31424WLD2 7/9/2027 Stifel FEDL Agric MTG Corp -
Medium Term Note 01/16/25 100.126000 1,000,000 1,000,000.00 4.6300 3134HAW66 12/30/2027 Stifel Total Agricultural Mortgage 3,000,000 $ 2,915,357.70
FEDL Farm Credit Bank Bond 02/02/22 95.810000 1,000,000 $ 996,151.59 1.5000 3133ENKV1 1/13/2027 Stifel Federal Farm Credit Bank Bond 04/07/22 98.458000 1,000,000 1,008,295.51 3.1500 3133EJDV8 3/22/2027 Stifel FEDL Farm Credit Bank Bond 08/12/24 99.993000 1,000,000 1,000,000.00 4.6200 3133ERNS6 8/12/2027 Stifel Total Federal Farm Credit 3,000,000 $ 3,004,447.10
FEDL Home Loan Bank Bond 02/02/22 98.836000 1,000,000 $ 1,008,016.92 2.6250 3130A6ZQ3 12/12/2025 Stifel FEDL Home Loan Bank Bond 04/07/22 98.575000 1,000,000 1,004,344.79 3.0000 3130A2VE3 9/11/2026 Stifel FEDL Home Loan Bank Bond 11/04/24 100.042000 1,000,000 1,000,000.00 4.3300 3133ERZM6 11/5/2026 Stifel FEDL NATL MTG ASSN Note 06/07/24 100.024000 1,000,000 1,000,000.00 5.2600 3135GATR2 6/10/2027 Stifel FEDL Home Loan Bank Bond 10/22/24 99.969000 1,950,000 1,950,000.00 4.7000 3130B3DD2 10/22/2027 Stifel FEDL Home Loan Bank Bond 11/26/24 100.008000 1,000,000 1,000,000.00 4.5479 3133ERZS3 11/12/2027 Stifel FEDL Home Loan Bank Bond 11/19/24 99.986000 1,000,000 1,000,000.00 4.6248 3130B3RN5 11/19/2027 Stifel FEDL Home Loan Bank Bond 12/10/24 100.117000 1,000,000 1,000,000.00 4.5000 3130B42Y6 12/23/2027 Stifel FEDL Home Loan Bank Bond 02/18/25 100.212000 1,000,000 1,000,000.00 4.6000 3130B4YQ8 2/25/2028 Stifel FEDL Home Loan Bank Bond 12/23/24 100.588000 1,000,000 1,002,661.51 4.6840 3130B0EE5 3/6/2028 Stifel

Investment Portfolio as of
March 2025
FEDL Home Loan MTG CorpPool #WN2479 12/04/23 100.901900 1,000,000 $ 993,437.50 4.9400 3132XGXH4 5/1/2028 Stifel FEDL NATL MTG ASSNPool#BSB8718 Balloon 03/05/24 99.886800 1,000,000 986,562.50 4.3800 3140LKVL4 6/1/2028 Stifel FEDL Home Loan Bank Bond 10/25/24 99.783000 1,000,000 1,000,000.00 4.5300 3130B3AS2 10/16/2028 Stifel FEDL Home Loan Bank Bond 11/04/24 100.192000 1,000,000 1,000,000.00 4.6700 3133ERZT1 11/7/2028 Stifel FEDL Home Loan MTG Corp -
Medium Term Note 11/19/24 99.965000 1,000,000 1,000,000.00 4.8982 3134HAXZ1 11/7/2028 Stifel FEDL Home Loan MTG CorpPOOL#WN2537 04/16/24 100.835700 1,000,000 989,687.50 4.9000 3132XGZB5 12/1/2028 Stifel FEDL Home Loan MTG CorpPool#WN2534 02/16/24 100.667100 1,000,000 997,187.50 4.9000 3132XGY83 12/1/2028 Stifel FEDL Home Loan MTG CorpPOOL#WN2559 4/10/2024 99.994100 1,000,000 979,062.50 4.6000 3132XGZZ2 1/1/2029 Stifel FEDL Home Loan Bank Bond 01/14/25 99.923000 1,000,000 1,000,000.00 5.0000 3130B4MG3 1/16/2029 Stifel FEDL NATL MTG ASSN Note 10/25/24 99.892000 1,000,000 1,000,000.00 4.4000 3135GAXR7 8/3/2029 Stifel FEDL Home Loan Bank Bond 09/04/24 99.360000 980,000 980,000.00 4.2000 3130B2GZ2 8/13/2029 Stifel FEDL Home Loan Bank Bond 09/09/24 98.670000 2,000,000 2,000,000.00 4.0000 3130B2NS0 9/4/2029 Stifel FEDL Home Loan Bank Bond 10/25/24 98.617000 1,000,000 990,500.00 4.0000 3130B32X0 10/2/2029 Stifel FEDL Home Loan Bank Bond 10/25/24 100.030000 1,000,000 1,000,000.00 4.6500 3130B3F65 10/22/2029 Stifel FEDL Home Loan Bank Bond 11/05/24 100.469000 1,000,000 1,000,000.00 4.5000 3130B3M67 11/13/2029 Stifel Tennessee Valley AuthPWR Bond 1995 SER E 06/30/22 101.461000 1,000,000 1,021,406.27 6.7500 880591CJ9 11/1/2025 Stifel Total Federal Home Loan 27,930,000 $ 27,902,866.99
Bethpage FED CR UNBethpage NY SHS CTF 04/29/24 100.089000 245,000 $ 245,000.00 5.2500 08756MAA8 5/13/2025 Stifel Centris FEDL CR UNOmaha NE SHS CTF 05/09/23 100.097000 245,000 245,000.00 5.0000 15643VAB8 5/24/2025 Stifel Credit Union of TexasAllen TX SHS CTF 05/11/23 100.130000 245,000 245,000.00 5.1500 22551KAZ5 5/27/2025 Stifel First Choice FEDL CR UNNew Castle PA SHS CTF 05/17/23 100.097000 245,000 245,000.00 5.0000 31949HAA9 5/27/2025 Stifel Lafayette FEDL CR UNRockville MD SHS CTF 11/22/23 100.192000 245,000 245,000.00 5.5500 50625LBP7 5/30/2025 Stifel Barclays Bank DE- Wilmington
DE CD 05/24/22 99.763000 245,000 245,000.00 3.0500 06740KQS9 6/2/2025 Stifel Global Federal CR UNAnchorage AK SHS CTG 06/06/23 100.172000 245,000 245,000.00 5.2000 37892MAL8 6/16/2025 Stifel SCE FCUIrwindale CA SHS CTF 12/13/23 100.137000 245,000 245,000.00 5.0000 78413RAJ6 6/20/2025 Stifel Community West CR UNKentwood MI CD 12/12/22 100.143000 245,000 245,000.00 5.0000 20416JAC8 6/23/2025 Stifel Oregon CMNTY CR UNEugene OR SHS CTF 06/16/23 100.191000 245,000 245,000.00 5.1500 68584JAE9 6/23/2025 Stifel BMO Harris Bank NAChicago IL CD 06/23/22 99.718000 245,000 245,000.00 3.2000 05600XGK0 6/24/2025 Stifel Liberty Fed CR UNEvansville IN SHS CTF 07/01/23 100.277000 245,000 245,000.00 5.3000 53052LAW9 7/14/2025 Stifel American First CR UNBrea CA SHS CTF 06/30/22 99.687000 245,000 245,000.00 3.2500 02616ABJ7 7/15/2025 Stifel TTCU Federal CR UnionTulsa OK CD 07/10/23 100.322000 245,000 245,000.00 5.3500 89854LAE3 7/25/2025 Stifel Communitywide FEDL CR UNSouth Bend IN SHS CTF 08/04/23 100.410000 245,000 245,000.00 5.2000 20416TBD3 8/29/2025 Stifel Flagstar Bank NA -
Hicksville NY CD 06/06/24 100.473000 245,000 245,000.00 5.3000 33847GHY1 9/12/2025 Stifel First Bank -
Hamilton NJ CD 06/06/24 100.425000 245,000 245,000.00 5.1500 319137CJ2 9/18/2025 Stifel Washington State BankWashington IA CD 4/2/2024 100.402000 245,000 245,000.00 5.0000 93974LAG5 10/9/2025 Stifel First Natl Bank of AmerEast Lansing MI CE 05/16/22 99.228000 245,000 245,000.00 3.0000 32110YXE0 11/28/2025 Stifel Advantage FEDL CR UNRochester NY SHS CTF 08/24/23 100.830000 245,000 245,000.00 5.3000 00790JAD4 12/31/2025 Stifel

Investment Portfolio as of
March 2025
Southwest Heritage CUOdessa TX SHS CTF 06/26/23 100.691000 245,000 $ 245,000.00 5.1000 84503PAF7 1/7/2026 Stifel Jovia FINL FEDL CR UN -
Westbury NY CD 7/2/2024 100.669000 245,000 245,000.00 5.0000 48115LAL8 1/20/2026 Stifel Marine FEDL CR UNJacksonvill NC SHS CTF 08/27/24 100.189000 245,000 245,000.00 4.3500 56824JBB9 2/27/2026 Stifel Truliant FEDL CR UNWinston Salem NC SHS CTF 03/09/23 100.977000 245,000 245,000.00 5.1500 89789AAH0 3/23/2026 Stifel United Fidelity Bank FSBEvansville IN CD 09/16/24 100.246000 245,000 245,000.00 4.3500 910286HZ9 3/27/2026 Stifel First Bank of The LakeOsage Beach MO CD 10/31/24 99.904000 245,000 245,000.00 4.0000 31925YBU5 4/30/2026 Stifel Ally Bank -
Midvale UT CD 04/27/22 98.683000 245,000 245,000.00 2.8500 02007GQQ9 5/5/2026 Stifel Morgan Stanley PVT BK NA -
Purchase NY CD 05/14/24 101.055000 245,000 245,000.00 5.0500 61768E3X9 5/22/2026 Stifel Global FED CR UN -
Anchorage AK SHS CTF 05/14/24 101.089000 245,000 245,000.00 5.0500 37892MAP9 5/29/2026 Stifel Inspire FEDL CR UN- 06/29/23 101.105000 245,000 245,000.00 5.0000 457731AQ0 6/30/2026 Stifel GESA CR UNRichland WA CD 07/19/23 101.516000 245,000 245,000.00 5.2500 37424PAH7 7/31/2026 Stifel Pima FEDL CR UNTucson AZ SHS CTF 08/02/23 101.620000 245,000 245,000.00 5.3000 722000AC0 8/17/2026 Stifel Signature Federal Cred U 08/16/23 101.655000 245,000 245,000.00 5.3000 82671DAG2 8/28/2026 Stifel KodabankDrayton ND CD 03/09/23 101.303000 245,000 245,000.00 5.0000 50007DAC3 9/22/2026 Stifel First NATL BankDamariscotta ME CD 03/09/23 101.306000 245,000 245,000.00 5.0000 32117BFR4 9/23/2026 Stifel Austin Telco Fed CR UN- Austin
TX SHS CTF 11/14/22 101.539000 245,000 245,000.00 5.0500 052392CC9 11/27/2026 Stifel Baxter CR UNVernon Hills IL SHS CTF 11/14/22 101.479000 245,000 245,000.00 5.0000 07181JAV6 11/30/2026 Stifel First Foundation Bank -
Irvine CA CD 06/05/24 101.508000 245,000 245,000.00 5.0625 32026U5X0 12/14/2026 Stifel All in FED CR UnionDaleville AL SHS CTF 12/07/22 100.603000 245,000 245,000.00 4.4500 01664MAA4 12/21/2026 Stifel State Bank of India -
New York NY CD 02/01/22 95.852000 245,000 245,000.00 1.7500 856285G21 2/9/2027 Stifel Pentagon Federal CR UN - Tysons
Corner VA 02/02/22 95.688000 245,000 245,000.00 1.7000 70962LBE1 2/18/2027 Stifel Sallie Mae Bank -
Salt Lake City UT CD 02/16/22 96.584000 245,000 245,000.00 2.2000 795451BH5 2/23/2027 Stifel Beal Bank -
Las Vegas NV CD 03/01/22 96.244000 245,000 245,000.00 2.0500 07371CK81 3/3/2027 Stifel Beal Bank -
Plano TX CD 03/01/22 96.244000 245,000 245,000.00 2.0500 07371AZQ9 3/3/2027 Stifel Medallion Bank -
Salt Lake City UT CD 03/01/22 96.216000 245,000 245,000.00 2.0500 58404DNG2 3/8/2027 Stifel United Republic BankElkhorn NE CD 03/05/25 99.932000 245,000 245,000.00 4.0500 909242BZ1 3/19/2027 Stifel Cpital One Bank USA NA -
Glen Allen VA CD 04/07/22 97.311000 245,000 245,000.00 2.7000 14042TFJ1 4/13/2027 Stifel Synchrony Bank -
Draper UT CD 04/07/22 97.307000 245,000 245,000.00 2.7000 87165FK45 4/14/2027 Stifel Capital One NA -
Mclean VA CD 04/27/22 97.934000 245,000 245,000.00 3.0500 14042RRA1 5/4/2027 Stifel Goldman Sachs Bank USA -
New York NY CD 04/27/22 97.914000 245,000 245,000.00 3.0500 38149M6Y4 5/11/2027 Stifel Toyota Finl Svgs BankHenderson NV CD 05/09/22 98.199000 245,000 245,000.00 3.2000 89235MNH0 5/17/2027 Stifel Morgan Stanley Bank NA- Salt
Lake City UT CD 05/16/22 98.295000 245,000 245,000.00 3.2500 61690UJ68 5/19/2027 Stifel Morgan Stanley PVT BK NAPurchase NY CD 05/16/22 98.295000 245,000 245,000.00 3.2500 61768EJR5 5/19/2027 Stifel Discover BankGreenwood DE CD 05/20/22 98.182000 245,000 245,000.00 3.2000 254673E36 5/24/2027 Stifel Credit Union New Jersey -
Ewing NJ SHS CTF 06/25/24 100.260000 245,000 245,000.00 5.4611 22552BAA9 7/9/2027 Stifel

Investment Portfolio as of
March 2025
Workers FEDL Credit UNLittleton MA SHS CTF 08/27/24 99.767000 245,000 $ 245,000.00 4.0000 98138MCK4 8/30/2027 Stifel Vantage West CR UNTucson AZ SHS CTF 09/04/24 99.760000 245,000 245,000.00 4.0000 92213MAB7 9/13/2027 Stifel Ideal Credit UnionWoodbury MN SHS CTF 12/07/22 101.009000 245,000 245,000.00 4.5000 45157PAZ3 12/29/2027 Stifel Alliant Credit UnionChicago IL SHS CTF 12/20/22 101.908000 245,000 245,000.00 4.8500 01882MAA0 12/30/2027 Stifel Carter FEDL CR UNSpringhill LA SHS CTF 01/14/25 100.220000 245,000 245,000.00 4.2000 14622LAW2 1/28/2028 Stifel Telco Plus CR UnLongview TX SHS CTF 02/03/25 100.353000 245,000 245,000.00 4.2500 87921MAA2 2/18/2028 Stifel Merrick BankSouth Jordan UT CD 02/18/25 100.354000 245,000 245,000.00 4.2500 59013K4U7 2/28/2028 Stifel Valley Natl BankPassaic NJ CD 02/27/25 100.336000 245,000 245,000.00 4.2500 919853QC8 3/6/2028 Stifel Cornerstone BankFargo ND CD 05/01/23 103.200800 245,000 245,000.00 - 219232CR4 5/10/2028 Stifel First FEDL S&L ASSN -
Lakewood OH CD 06/20/24 100.671000 245,000 245,000.00 5.3589 32023HBV9 6/28/2028 Stifel Texas Exchange Bank SSBCrowley TX CD 10/28/24 99.777000 245,000 245,000.00 4.0500 88241TUA6 7/12/2028 Stifel CY Fair FCUHouston TX SHS CTF 06/26/23 100.254000 245,000 245,000.00 5.3000 23248UAC1 7/14/2028 Stifel Numerica Credit Union-Spokane
VLY WA SHS CTF 07/12/23 103.047000 245,000 245,000.00 5.1000 67054NBK8 7/31/2028 Stifel Tucson FEDL CR UNTucson AZ CD 09/01/23 102.803000 245,000 245,000.00 5.0000 898812AC6 9/8/2028 Stifel Money One FCULargo MD SHS CTF 09/01/23 102.816000 245,000 245,000.00 5.0000 60936TAL3 9/14/2028 Stifel San Francisco FEDL CR UNSan Francisco CA SHS 11/20/24 100.429000 245,000 245,000.00 4.2500 79772FAL0 11/27/2028 Stifel Bridgewater Bank -
Bloomington MN CD 06/20/24 100.061000 245,000 245,000.00 5.3500 108622PX3 6/28/2029 Stifel ClearPath FED CR UN -
Burbank CA SHS CTF 07/09/24 100.334000 245,000 245,000.00 5.4000 18507MAD3 7/30/2029 Stifel Altaone FED CR UN -
Ridgecrest CA SHS CTF 8/27/2024 98.893000 245,000 245,000 3.8500 02157RAC1 9/13/2029 Stifel Freedom Northwest CR UN 12/23/2024 100.118000 245,000 245,000.00 4.1200 356436AV7 12/31/2029 Stifel JP Morgan Chase Bank NAColumbus OH CD 01/24/25 100.536000 245,000 245,000.00 4.7500 46657VWH9 1/31/2030 Stifel UBS Bank USASalt Lake City UT CD 03/05/25 99.899000 245,000 245,000.00 4.1000 90355GUL8 3/12/2030 Stifel Luana SVGS BankLuana IA CD 03/05/25 98.977000 245,000 245,000.00 3.9000 549104G76 3/13/2030 Stifel Western State BankDevils Lake ND CD 03/05/25 99.449000 245,000 245,000.00 4.0000 95960NLA3 3/25/2030 Stifel Total Certificates of Deposit 19,355,000 $ 19,355,000.00 53,285,000 $ 53,177,671.79
316,112.23
Stifel Total Value of Portfolio 53,285,000 $ 53,493,784.02 Stifel Cash Per GL
Stifel Securities

Qty Purch Date Maturity
Date of
Disposition
Share Price at
Purchase Date Net Trade Amount Cost Basis Value Market Value Accrued Interest Issuer CUSIP Held by 2,450 03/05/25 3/13/2030 100.000000 $ 245,000.00 $ 245,000.00 $ 245,000.00 Luana SVGS BankLuana IA CD 549104G76 Stifel
2,450 03/05/25 3/12/2030 100.000000 245,000.00 245,000.00 245,000.00 UBS Bank USASalt Lake City UT CD 90355GUL8 Stifel
2,450 03/05/25 3/19/2027 100.000000 245,000.00 245,000.00 245,000.00 United Republic BankElkhorn NE CD 909242BZ1
2,450 03/05/25 3/25/2030 100.000000 245,000.00 245,000.00 245,000.00 Western State BankDevils Lake ND CD 95960NLA3 Stifel
Total $ 980,000.00 $ 980,000.00 $ 980,000.00 -
Qty Purch Date Maturity
Date of
Disposition
Share Price at Sale /
Maturity Date Original Cost Value
Par Value at
Sale/Maturity
Gain / (Loss) on Sale
/ Redemption
Interest Earnings
Since Purchase Issuer CUSIP Held by
2,450 03/01/22 3/4/2025 3/4/2025 100.000000 245,000.00 245,000.00 $ - $ 13,242.08 BMW Bank North America - Salt
Lake City UT CD 05580AK37 Stifel
2,450 03/01/22 3/10/2025 3/10/2025 100.000000 245,000.00 245,000.00 - 11,055.20 American Express Natl BK -
Salt Lake City UT CD 02589ABP6 Stifel
2,450 08/02/23 8/17/2028 3/17/2025 100.000000 245,000.00 245,000.00 - 21,726.45 GHS FED CR UNBinghamton NY SHS CTF 36266LAB2 Stifel
Total $ 735,000.00 $ 735,000.00 $ - $ 46,023.73
Period Interest Revenue
Previous Month $170,129.89
Previous 12 mos. $2,824,406.66

CITY OF COVINA
Investment Transaction Summary
for the Month Ended March 31, 2025
Purchased Investments
Net Revenue Analysis - for Period Ending March 31, 2025 Sold/Matured Investments

Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
April 07, 2025
LAIF Home
PMIA Average Monthly
Yields

CITY OF COVINA

CITY TREASURER
125 E. COLLEGE STREET
COVINA, CA 91723-2199
Account Number: 98-19-219
March 2025 Statement
Tran Type Definitions
Effective
Date
Transaction
Date
Tran
Type Confirm
Number
Web
Confirm
Number Authorized Caller Amount
3/3/2025 3/3/2025 RD 1769166 1729732 BEI ZOU 2,000,000.00 3/6/2025 3/5/2025 RW 1769268 1729831 BEI ZOU -1,000,000.00 3/11/2025 3/11/2025 RW 1769440 1730008 BEI ZOU -2,000,000.00 3/25/2025 3/25/2025 RD 1769817 1730375 BEI ZOU 1,000,000.00 Account Summary
Total Deposit: 3,000,000.00 Beginning Balance: 33,650,961.85 Total Withdrawal: -3,000,000.00 Ending Balance: 33,650,961.85 4/7/25, 4:22 PM LAIF Regular Monthly Statement
https://laifms.treasurer.ca.gov/RegularStatement.aspx 1/1 Attachment A-4 City

Statement Total
Balance Percentage
Cash Balances $4,783,917 5.04%
Local Agency Investment Fund 33,650,962 35.47%
Treasury / Agency 33,822,672 35.65%
Certificate of Deposits 19,355,000 20.40%
Funds Held by Bond Trustees 3,251,471 3.43%
Total $94,864,022 100.00%

CITY OF COVINA
Cash & Investment Holdings by Type as of March 31, 2025 *Average Investment coupon rate: 4.30% (based on weighted average of Original Cost Value) Cash Balances, 5.04%
Local Agency Investment
Fund, 35.47%
Treasury / Agency, 35.65%
Certificate of Deposits,

20.40%
Funds Held by Bond
Trustees, 3.43%

HOLDINGS BY TYPE
Attachment A-5 City

CASH PER BANK AND INVESTMENT BALANCE 2/28/2025 $651,984.01 RECEIPTS 3/1/25-3/31/25 -

DISBURSEMENTS 3/1/25-3/31/25 -
CASH PER BANK AND INVESTMENT BALANCE 3/31/2025 $651,984.01

ANALYSIS OF CASH PER BANK AND INVESTMENT BALANCE
CHECKING ACCOUNT $73,817.64
LOCAL AGENCY INVESTMENT FUND Attachment A-6 578,166.37
AVAILABLE CASH PER BANK BALANCES $651,984.01
CASH HELD BY BOND TRUSTEES 0.00
TOTAL CASH PER BANK AND INVESTMENT / BOND TRUSTEE CASH BALANCE 3/31/2025 $651,984.01 FOR THE MONTH ENDED MARCH 31, 2025

SUCCESSOR AGENCY TO THE COVINA REDEVELOPMENT AGENCY INVESTMENT REPORT Attachment A- Agency

BANK ACQUISITION MARKET

TYPE OF INVESTMENT ISSUER VALUE DATE DATE VALUE
Successor Agency to the Covina Redevelopment Agency:

Checking Account BMO $73,817.64 N/A Demand $73,817.64
Local Agency Investment Fund State of California 578,166.37 N/A Demand 578,166.37 Subtotal (A) $651,984.01 $651,984.01
Cash Held With 3rd Party Administrator:
(1) 2013 Series A Tax Allocation Bonds U.S. Bank* $0.00 N/A Demand ($0.00) Fiscal Agent: U.S. Bank
(2) 2014 Series A Tax Allocation Bonds U.S. Bank* 0.00 N/A Demand 0.00 Fiscal Agent: U.S. Bank
(3) 2004 Series B Tax Allocation Bonds U.S. Bank* 0.00 N/A Demand 0.00 Fiscal Agent: U.S. Bank
Subtotal (B) ($0.00) ($0.00)
TOTAL (A+B) $651,984.01 $651,984.01
* Formerly BNY Mellon

SUCCESSOR AGENCY TO THE COVINA REDEVELOPMENT AGENCY

CASH AND INVESTMENT SUMMARY
FOR THE MONTH ENDED MARCH 31, 2025
The purpose of this schedule is to show the total cash and investments held by the Successor Agency to the Covina Redevelopment Agency by account.

Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
April 07, 2025
LAIF Home
PMIA Average Monthly
Yields

S/A CITY OF COVINA FOR COVINA

REDEVELOPMENT AGENCY

FINANCE DIRECTOR
125 EAST COLLEGE STREET
COVINA, CA 91723-2199
Account Number: 65-19-007
March 2025 Statement
Tran Type Definitions
Account Summary
Total Deposit: 0.00 Beginning Balance: 578,166.37
Total Withdrawal: 0.00 Ending Balance: 578,166.37
4/7/25, 4:22 PM LAIF Regular Monthly Statement
https://laifms.treasurer.ca.gov/RegularStatement.aspx 1/1 Attachment A-6

Quarter
Ending City Agency*
3/31/2023 $85,260,927 $3,631,254
3/31/2024 $95,021,599 $623,678
3/31/2025. $94,864,022 $651,984

CITY OF COVINA AND SUCCESSOR AGENCY TO THE COVINA REDEVELOPMENT AGENCY Cash and Investments Three Year Comparison as of March 31, 2025 The purpose of this schedule is to show, for comparison purposes, the total cash and investment values for the last 3 years. *Successor Agency to Covina Redevelopment Agency
$0
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
$90,000,000
$100,000,000
3/31/2023 3/31/2024 3/31/2025.
$85,260,927
$95,021,599
$94,864,022
$3,631,254 $623,678 $651,984
MONTH ENDING MAR 31, 2025
City of Covina & Agency* Total Cash & Investments
Three Year Comparison
City Agency*
sdsdad
Attachment A-7 City Agency

CC Regular Meeting

AGENDA ITEM REPORT
ITEM NO. CC 4
Meeting: April 15, 2025
Title: Covina Park Improvements Project – Project No. P2005 – Final Acceptance and Filing Notice of Completion
Presented by: Rafael M. Fajardo, Director of Public Works/City Engineer Recommendation: 1. Accept the work performed by Gentry Brothers, Inc.; and

2. Authorize the City Clerk to file a Notice of Completion for the Covina Park Improvements Project – Project No. P2005.

EXECUTIVE SUMMARY/BACKGROUND:

On August 20, 2024, the City Council approved a contract with Gentry Brothers, Inc. in the amount of $149,500 with a project scope that included paving improvements to the Covina Park parking lot and the installation of ten (10) new parking stalls on the westerly side of the park along Valencia Place.

Project construction has been completed and City staff recommends acceptance of the work performed by Gentry Brothers, Inc. and to authorize the City Clerk to file a Notice of Completion (Attachment A) for the Covina Park Improvements Project – Project No. P2005.

FISCAL IMPACT:

Project funding for the Covina Park Improvements Project – Project No. P2005 was allocated as follows:

Source of Project Funds Amount Account
CRA Bond Proceeds $208,481.53 2055-4400-55200-P2005
Total $208,481.53
The following table represents the final project summary:

Item Actual
Project Appropriations $208,481.53
Gentry Brothers, Inc. – Contract Amount ($149,500)
Total Expenditures ($149,500)
Total UNDER BUDGET $58,981.53
Project savings of $58,981.53 will be returned to the CRA Bond Funds – Fund Balance for use on future projects.

CEQA (CALIFORNIA ENVIRONMENTAL QUALITY ACT):

This project has been determined to be categorically exempt under CEQA in accordance with Title 14, Chapter 3, Class 1, Sections 15301 and 15302. This exemption includes the minor alteration of existing public facilities involving negligible or no expansion of use beyond that existing at the time of the lead agency's determination.

The project involves negligible or no expansion of an existing use.

Respectfully submitted,

ATTACHMENT A

RECORDING REQUESTED BY
AND WHEN RECORDED MAIL TO:

NAME City of Covina
STREET ADDRESS 125 E College Street
CITY Covina

STATE CA
ZIP CODE 91723
SPACE ABOVE THIS LINE FOR RECORDER’S USE

NOTICE OF COMPLETION
Notice pursuant to Civil Code Section 3093, must be filed within 10 days after completion. (See reverse side for complete requirements.) Notice is hereby given that:

1. The undersigned is owner or corporate officer of the owner of the interest or estate stated below in the property hereinafter described:

2. The full name of the owner is The City of Covina .

3. The full address of the owner is 125 E College Street, Covina, CA 91723 .

4. The nature of the interest or estate of the owner is: In fee. (If other than Fee, strike “in fee” and insert, for example, “purchaser under contract of purchase”, or “Lessee”)

5. The full names and full addresses of all persons, if any, who hold title with the undersigned as joint tenants or as tenants in common are:

NAMES ADDRESSES

6. The full names and full addresses of all the predecessors in interest of the undersigned, if the property was transferred subsequent to the commencement of the work or improvements herein referred to:

NAMES ADDRESSES

7. A work of improvement on the property hereinafter described was completed on:

September 19,
2024 . The work done was:

Covina Park Improvements Project – Project No. P2005

8. The names of the contractor, if any, for such work improvement was:

Gentry Brothers, Inc. August 20, 2024
(If no contractor for work of improvement as a whole, insert “None”) (Date of Contract)

9. The property on which said work of improvement was completed in the City of: Covina County of Los Angeles , State of CA , and is described as follows:

Covina Park Improvements Project – Project No. P2005

10. The street address of said property is 301 4th Avenue, Covina, CA 91723 (If no street address has been officially signed, insert “None”.) Dated April 15, 2025
Fabian Velez, Chief Deputy City Clerk, City of Covina

VERIFICATION
I, the undersigned, say: I am the City Engineer The declarant of the foregoing Notice of Completion; (President of, Manager of, Partner of, Owner of)
I have read said Notice of Completion and know the contents thereof; the same is true to my own knowledge. I declare under penalty of perjury that the foregoing is true and correct.

Executed on April 15, , 2025 at Covina , California .

Rafael M. Fajardo, City of Covina

CC Regular Meeting

AGENDA ITEM REPORT
ITEM NO. CC 5
Meeting: April 15, 2025
Title: Approval of Fiscal Year 2026 Water Supply Strategy and Authorization to Execute All Requisite Documents
Presented by: Rafael M. Fajardo, Director of Public Works/City Engineer Recommendation: 1. Approve the Fiscal Year 2026 water supply strategy outlined in this report;

2. Authorize the City Manager to execute a Temporary Assignment or Lease of Water Right Form to assign up to 383.66 acre feet of Water Production Rights from the City to an Alternate Water Agency for FY 2026;

3. Authorize the City to solicit and lease up to 400 shares of Covina Valley Water Company stock for Fiscal Year 2026, and execute a Lease Agreement and an Order for Delivery with interested shareholders; and

4. Authorize the City to participate in the Fiscal Year 2026 Covina Valley Water Company lease pool.

EXECUTIVE SUMMARY:

The Department of Public Works presents herein a strategy for assembling the most cost-effective water supply for Covina water customers for FY 2026, emphasizing the use of water produced by Covina Valley Water Company, formerly Covina Irrigating Company. The strategy is predicated on an estimated total water demand of 5,178 acre feet (AF) for FY 2026.

It is noted that Covina Irrigating Company (CIC) is finalizing a corporate merger. The new company is entitled Covina Valley Water Company (CVWC). The City’s relationship with the newly formed company remains unchanged.

BACKGROUND:

The City’s Water Division provides safe, clean, and reliable water to approximately 8,500 residents and businesses. Since the City does not pump its own water, the City relies on water from external sources. Water produced by CVWC and allocated to the City is the most cost-effective supply available. If the City’s entitlement of CVWC water becomes exhausted, or an unforeseen interruption in CVWC supply occurs, the City would instead purchase imported water at a significantly higher cost.

Based on current and anticipated consumption for the upcoming fiscal year, the water demand for FY 2026 is expected to be 5,178 acre feet. Assembly of the City’s annual water supply depends on three CVWC sources.

First, the City owns 4,219 shares of CVWC stock. Each share is equal to one acre foot of water (or 325,851 gallons). CVWC’s water comes predominantly from the Main San Gabriel Basin and the San Gabriel River at an estimated FY 2026 cost of $505 per acre foot. This rate includes the Water Development Assessment (RDA) that allows Watermaster to purchase and import additional water to replenish the Main San Gabriel Basin as needed based on drought conditions.

Second, the City has prescriptive pumping rights in the Main San Gabriel Basin. Since 1999 when the City ceased pumping operations at the Grand Avenue Well due to nitrate contamination, the City has been able to assign these pumping rights to CVWC to produce water for the City. The actual quantity of water produced varies based on

the operating safe yield (OSY) in the Basin (amount of water that can be withdrawn without producing an undesired effect). In the current fiscal year, the actual production quantity is 383.66 acre feet. Watermaster will set the FY 2026 OSY by June 2025, however 383.66 acre feet of water production is expected to remain unchanged. The City’s estimated cost to use the water is $476 per acre foot. For any year in which the City’s water supply is in considerable surplus, the City maintains the option to lease its pumping rights to another water agency and receive a monetary benefit.

Third, the City may lease shares of CVWC stock for a lease duration of one fiscal year. The target for FY 2026 is to lease up to 575 shares. The City will secure lease agreements with as many individual CVWC shareholders as are interested (approximately 400 shares), and will acquire the remainder from the lease pool managed by CVWC (approximately 175 shares). The lease rate to be paid by the City is estimated to be $400 per share, plus $505 per AF to treat the water. As an added benefit to the City, all lessor stock voting rights will be conveyed to the City for the one year lease term, increasing the City’s voting position.

DISCUSSION:

In preparation for FY 2026, the Department of Public Works has assembled the most cost-effective water supply.

The proposed FY 2026 water supply is outlined in the table below:

Proposed FY 2026 Water Supply
Item Shares Acre Feet
City Ownership 4,219.00 4,219.00
Water Production Rights NA 383.66
CVWC Stock Leases 575.00 575.00
Total 5,177.66
Note that any unused water is retained in the City’s inventory and transfers over to the subsequent fiscal year.

Surplus water that is purchased at today’s price but utilized at a later date, results in financial savings to the City.

To assemble the most cost-effective water supply, as outlined in the table above, the Department of Public Works recommends the City Council authorize the following actions:

1. Assign the City’s FY 2026 water production rights of up to 383.66 acre feet to CVWC, or to an alternate water agency for monetary compensation back to the City. To confirm the assignment, a Temporary Assignment or Lease of Water Right Form (Attachment A) would be executed by the City Manager, notarized, forwarded to CVWC for mutual signature, and ultimately submitted to Watermaster for approval;

2. Solicit and secure leases for up to 400 shares of CVWC stock at a cost of $400 per share from those shareholders interested in leasing stock to the City. An offer package would be sent to all shareholders, and will include an offer letter, a Lease Agreement (Attachment B), and an Order for Delivery (Attachment C). All required forms must be signed by the shareholder and returned to the City by June 13, 2025; and

3. Authorize the City to participate in the FY 2026 CVWC lease pool. The City is entitled to the acquisition of 42% of the shares in the lease pool (approximately 175 shares).

FISCAL IMPACT:

To assemble an adequate water supply for FY 2026, there will be a Water Fund impact of up to $2,833,592, depending on how much water is actually consumed by water customers.

A breakdown of costs for FY 2026 is as follows:
 Redeeming the 4,219 shares of CVWC stock owned by the City will cost $505 per share, for a total cost of $2,130,595.
 The assignment of 383.66 acre feet of water production rights to CVWC will cost $476 per acre foot, for a total cost of $182,622. Conversely, assignment to an alternate water agency in need of the water would result in revenue to the City, valued over $300,000.
 Leasing up to 575 shares of CVWC stock (through shareholder leases and CVWC lease pool) will cost $400 per share plus $505 per share to CVWC to produce the water, for a total cost of $520,375.

Sufficient funding for these purchases is included in the FY 2026 Water Source and Supply budget (account number 6010-5050-54790). There is no General Fund impact associated with any of these transactions.

CEQA (CALIFORNIA ENVIRONMENTAL QUALITY ACT):

Not applicable.

Respectfully submitted,

ATTACHMENT A

TEMPORARY ASSIGNMENT OR LEASE OF WATER RIGHT
For valuable consideration, receipt of which is hereby acknowledged, CITY OF COVINA (“Assignor”) does hereby assign and transfer to ,
(“Assignee”) commencing on July 1, 2025 and terminating June 30, 2026, on the following water right(s):
(Check the following appropriate category)
X Production Right 383.66 AF Integrated Production Right (consisting of ___________ AF of “Prescriptive Pumping
Prescriptive Pumping Right AF Component” and ______________ AF of “Diversion Component”)
Base Annual Diversion Right AF Carryover Right ______________AF adjudicated to Assignor or his predecessor in the Judgment in the case of “Upper San Gabriel Valley Municipal Water District, v. City of Alhambra, et al”, Los Angeles Superior Court No. 924128.

Said assignment is made upon condition that:
(1) Assignee shall exercise such right on behalf of Assignor for the period described hereinabove and the first water produced by Assignee from the Relevant Watershed of the Main San Gabriel Basin after the date hereof shall be that produced hereunder; (2) Assignee shall put all waters utilized pursuant to said transfer to reasonable beneficial use; and (3) Assignee shall pay all Watermaster assessments on account of the water production hereby assigned or leased.

DATED:

ASSIGNEE ASSIGNOR

CITY OF COVINA

Signature Signature
Name of Designee (of Assignee) to receive Name of Designee (of Assignor) to receive Services of Processes and Notices: Services of Processes and Notices:

Chris Marcarello, City Manager
125 E. College Street
Covina, CA 91723
Address Address
Tel. No.: Tel No.: 626-384-5410
To be executed by both Assignee and Assignor and, if separately requested by Watermaster, be accompanied by a map of the service area where the water was used by Assignor and a map of the service area where the water is intended to be used by the Assignee.
(Have the appropriate individual(s) or corporate attach acknowledgements completed as part of the temporary transfer.)
A TRUE COPY HEREOF MUST BE FILED WITH WATERMASTER WITHINN 15 DAYS OF EXECUTION (To be accompanied by completed “Stipulation Re Intervention After Judgment” if the Assignee is not a party to the Judgment)

ATTACHMENT B

LEASE AGREEMENT
THIS LEASE is entered into on April 16, 2025, by and between ________ (“Lessor”), and the City of Covina (“Lessee”).

IN CONSIDERATION of the terms and conditions hereinafter set forth, Lessor hereby leases to the Lessee and Lessee hereby rents from Lessor ____ shares of Covina Valley Water Company stock registered in the Lessor’s name of ________ for the fiscal year July 1, 2025 through June 30, 2026.

Lessor agrees to execute such documents of assignment to Lessee in a form and manner which, from time to time, is required by Covina Valley Water Company.

1. The term of this Lease shall be for a period of one year, commencing July 1, 2025 and ending June 30, 2026.

2. Lessee shall pay Lessor rent: A one-time sum of $____ determined by multiplying the number of registered shares by $400.00 per share.

3. Lessor is responsible and liable for payment for any assessments levied on the Covina Valley Water Company shares by the Covina Valley Water Company or any other person or entity.

4. Lessee agrees not to assign, mortgage or hypothecate this Lease or any interest herein without first obtaining the written consent of Lessor.

5. Lessee agrees, at its expense, to submit all the required reports requested by Covina Valley Water Company.

6. Lessee agrees to pay Lessor all costs and expenses, including attorney's fees in a reasonable sum, in any action brought by Lessor to recover any rent due and unpaid hereunder, or for the breach of any of the covenants and agreements contained in this Lease, whether said action progresses to judgment or not.

7. All communications, notices and demands of any kind shall be made in writing and served or sent by registered mail, postage prepaid, to the following address:

To Lessee: City of Covina
125 E. College Street
Covina, CA 91723
To Lessor: Name
Agency
Address
Address

8. It is understood and agreed that the Lessee may cure any default relating to payment of rent, within thirty (30) days after receipt of notice from Lessor. Lessor shall not commence any litigation proceedings against Lessee for the collection of rent within said thirty (30) day period.

9. This Lease shall inure to the benefit of and be binding upon the parties’ heirs, successors and assigns.

10. This Lease agreement pertains to the use of entitled water and any of Lessor’s stock voting rights are hereby conveyed to Lessee during the term of this Lease Agreement.

LESSOR:

By:

LESSEE: City of Covina
By:

Chris Marcarello
City Manager
Date: Date: April 16, 2025

ATTACHMENT C

ORDER FOR DELIVERY OF WATER UNDER LEASE AGREEMENT
TO: COVINA VALLEY WATER COMPANY
COVINA VALLEY WATER COMPANY is hereby instructed to deliver a volume of water represented by ____ shares of stock registered in the name of _______ for the fiscal year ending June 30, 2026.

Under this agreement the LESSEE agrees to guarantee payment to COVINA VALLEY WATER COMPANY for all cost of water delivered (except assessments) according to the By-Laws of COVINA VALLEY WATER COMPANY.

The LESSOR under this agreement guarantees payment to COVINA VALLEY WATER COMPANY in the event of default by the LESSEE for all water costs and agrees that these charges shall become a lien upon the registered owner of the stock the same as though the water had been delivered to the LESSOR. With this agreement the LESSOR and the LESSEE also acknowledge that neither COVINA VALLEY WATER COMPANY, nor its Board of Directors, Employees, or Affiliates have any involvement whatsoever in the lease of stock by stockholders, and assumes no liability in connection therewith except to deliver water in accordance with the Company By-Laws.

LESSOR:

By:

LESSEE: City of Covina
By:

Chris Marcarello
City Manager
Date: Date: April 16, 2025______

CC Regular Meeting

AGENDA ITEM REPORT
ITEM NO. CC 6
Meeting: April 15, 2025
Title: Escheatment of Unclaimed Funds to the City of Covina in Accordance with the Escheat of Unclaimed Property Policy
Presented by: Theresa Franke, Interim Finance Director
Charles Russom, Sr. Management Analyst
Recommendation: Authorize staff to pursue the escheatment of unclaimed funds to the City in the amount of $97,489.27 and approve the transfer of any available funds remaining unclaimed to be recognized as revenue in the General Fund in accordance with the Escheat of Unclaimed Property Policy.

EXECUTIVE SUMMARY:

The City of Covina follows a uniform method, established by Resolution No. 14-7256 and updated by Resolution CC 18-160 for the treatment of abandoned or unclaimed money in the City’s possession consistent with California Government Code Sections 50050 through 50056. Accordingly, staff has reviewed the unclaimed funds presented in Attachments A and B, and recommends escheating the funds to the City in accordance with the policy.

BACKGROUND:

The City of Covina routinely issues checks for vendor payments and various types of refunds. The City accumulates outstanding checks that remain unclaimed, although attempts are made to contact payees in order to reissue the checks. Additionally, monies have accumulated in the Police Department Found Property and Safekeeping fund that result from various Police Department activities and have remained unclaimed and can become the City’s property.

DISCUSSION:

Stale- Dated Checks, Deposits and Refunds:

Section 50050 of the California Government Code states that monies that are not property of the City with an individual amount of $15 or more, and more than (3) years old may become property of the City of Covina following publication in a newspaper of general circulation published in the local agency once a week for two successive weeks. As of December 31, 2024, the City held a total amount of $97,489.27 as detailed in Attachment A. The total amount includes water refunds in the amount of $1,692.26, as well as stale dated checks totaling $4,102.66. Additionally, the Police Evidence Reserve fund has $88,360.36 in unclaimed monies pertaining to Police Evidence and Found Property/Safekeeping cases. These funds accumulate as a result of various Police Department operational activities including processing of evidence and found property. These monies also meet the criteria under Section 50050, and are illustrated in Attachment A and can be escheated.

Notice will be published once a week for two consecutive weeks beginning on April 24, 2025, and May 1, 2025, in the San Gabriel Valley Examiner. All valid claims received by the filing deadline of June 19, 2025, will be processed within sixty days. Amounts subject to California Government Code Section 50050 totaling $97,489.27 (less any valid claims), will be recognized as revenue in the General Fund of the City on June 26, 2025, not less than forty-five (45) days; nor more than sixty (60) days after the first publication of the notice.

Furthermore, Section 50055 of the California Government Code states that monies that are not property of the City and are more than (1) year old and less than $15, may be transferred by the City’s legislative body to the

General Fund without public notice in a newspaper. The City’s general ledger shows unclaimed refunds with an individual amount of less than $15 that are twelve months or older totaling $269.96 (Attachment B). Upon approval of the City Council, these funds may be transferred to the General Fund and recognized as revenues.

Instructions for claiming unclaimed property have been posted on the Covina City Hall bulletin board located at 125 E. College St, Covina, CA 91723. The Claim for Unclaimed Property form has also been placed in the Covina City Clerk’s office and can be completed with proper supporting documentation and can be mailed to or dropped off at the Finance Department in Covina City Hall. These documents are attached hereto as Attachment C & D respectively.

FISCAL IMPACT:

Upon completion of the noticing and escheatment protocols, any remaining unclaimed funds, up to the amount of $97,489.27, will be recognized in the General Fund – Other Revenue Account 1010-0000-48990.

CEQA (CALIFORNIA ENVIRONMENTAL QUALITY ACT):

Not applicable.

Respectfully submitted,

CITY OF COVINA
PROPOSED UNCLAIMED FUNDS (PURSUANT TO CALIFORNIA GOVT CODE: SECTION 50050) FUND/GL ACCOUNTNAME/CASE # DESCRIPTION DATE AMOUNT
2200-22010- 16-5380 UNCLAIMED PROPERTY 03/31/21 $ 32.00 2200-22010- 18-31811 UNCLAIMED PROPERTY 05/05/21 75.46
2200-22010- 18-33387 UNCLAIMED PROPERTY 05/19/21 24.00
2200-22010- 19-1687 UNCLAIMED PROPERTY 05/19/21 40.00
2200-22010- 19-3211 UNCLAIMED PROPERTY 05/19/21 1,693.00 2200-22010- 19-687 UNCLAIMED PROPERTY 05/19/21 27.00
2200-22010- 20-12798 UNCLAIMED PROPERTY 05/19/21 100.00 2200-22010- 20-12798 UNCLAIMED PROPERTY 06/21/21 260.56 2200-22010- 20-24914 UNCLAIMED PROPERTY 06/21/21 45.00
2200-22010- 20-28114 UNCLAIMED PROPERTY 11/23/21 20.00
2200-22010- 21-12551 UNCLAIMED PROPERTY 01/25/22 54.78
2200-22010- 21-14826 UNCLAIMED PROPERTY 09/21/22 120.00 2200-22010- 21-16278 UNCLAIMED PROPERTY 09/21/22 20.00
2200-22010- 21-18546 UNCLAIMED PROPERTY 09/28/22 140.00 2200-22010- 21-2460 UNCLAIMED PROPERTY 09/28/22 30.00
2200-22010- 21-24871 UNCLAIMED PROPERTY 10/04/22 360.00 2200-22010- 21-33598 UNCLAIMED PROPERTY 10/04/22 22.23
FOUND PROPERTY/SAFEKEEPING TOTAL $3,064.03
2200-22000- 14-4813 POLICE EVIDENCE 03/10/21 $ 205.00
2200-22000- 14-4815 POLICE EVIDENCE 03/10/21 40.00
2200-22000- 16-16788 POLICE EVIDENCE 11/05/24 105.00
2200-22000- 17-13857 POLICE EVIDENCE 11/05/24 130.00
2200-22000- 17-29375 POLICE EVIDENCE 07/14/22 100.00
2200-22000- 17-36891 POLICE EVIDENCE 11/05/24 140.28
2200-22000- 18-13431 POLICE EVIDENCE 11/05/24 30.26
2200-22000- 18-26066 POLICE EVIDENCE 10/02/24 1,488.00
2200-22000- 18-35145 POLICE EVIDENCE 03/31/21 50.00
2200-22000- 19-27388 POLICE EVIDENCE 05/13/20 1,280.00
2200-22000- 19-27388 POLICE EVIDENCE 05/13/20 203.00
2200-22000- 20-19670 POLICE EVIDENCE 11/19/20 51.75
2200-22000- 20-19793 POLICE EVIDENCE 11/19/20 82.37
2200-22000- 20-21645 POLICE EVIDENCE 04/28/21 10,800.00 2200-22000- 20-21645 POLICE EVIDENCE 04/28/21 4,700.00
2200-22000- 20-22932 POLICE EVIDENCE 04/28/21 10,000.00 2200-22000- 20-25172 POLICE EVIDENCE 03/17/21 42.50
2200-22000- 20-25536 POLICE EVIDENCE 03/17/21 41.00
2200-22000- 20-26186 POLICE EVIDENCE 03/17/21 597.22
2200-22000- 20-28729 POLICE EVIDENCE 03/17/21 1,546.00
2200-22000- 20-28729 POLICE EVIDENCE 03/17/21 20.00
2200-22000- 20-29459 POLICE EVIDENCE 03/31/21 200.00
2200-22000- 20-30591 POLICE EVIDENCE 03/31/21 1,709.76
2200-22000- 20-31148 POLICE EVIDENCE 03/31/21 25.00
2200-22000- 20-31381 POLICE EVIDENCE 03/31/21 580.00
2200-22000- 20-31967 POLICE EVIDENCE 03/31/21 2,250.00
2200-22000- 20-32021 POLICE EVIDENCE 04/21/21 4,100.00
2200-22000- 20-32021 POLICE EVIDENCE 04/21/21 3,517.00
2200-22000- 20-32809 POLICE EVIDENCE 04/21/21 3,000.00
2200-22000- 20-33346 POLICE EVIDENCE 04/21/21 201.65
2200-22000- 20-34162 POLICE EVIDENCE 05/05/21 144.00
2200-22000- 20-34469 POLICE EVIDENCE 05/05/21 500.00
2200-22000- 21-10176 POLICE EVIDENCE 06/21/21 180.00
2200-22000- 21-11528 POLICE EVIDENCE 05/19/21 998.00
2200-22000- 21-11755 POLICE EVIDENCE 07/07/21 8,420.00
2200-22000- 21-11755 POLICE EVIDENCE 07/13/21 2,170.00
2200-22000- 21-11755 POLICE EVIDENCE 07/13/21 1,495.00
2200-22000- 21-11755 POLICE EVIDENCE 07/07/21 1,270.00
2200-22000- 21-11755 POLICE EVIDENCE 08/30/21 752.00
2200-22000- 21-11755 POLICE EVIDENCE 08/30/21 400.00

CITY OF COVINA
PROPOSED UNCLAIMED FUNDS (PURSUANT TO CALIFORNIA GOVT CODE: SECTION 50050) FUND/GL ACCOUNTNAME/CASE # DESCRIPTION DATE AMOUNT
2200-22000- 21-11755 POLICE EVIDENCE 07/07/21 300.00
2200-22000- 21-11755 POLICE EVIDENCE 08/30/21 300.00
2200-22000- 21-11755 POLICE EVIDENCE 07/13/21 130.00
2200-22000- 21-11755 POLICE EVIDENCE 07/13/21 42.00
2200-22000- 21-1251 POLICE EVIDENCE 05/05/21 1,001.14
2200-22000- 21-13510 POLICE EVIDENCE 09/29/21 199.00
2200-22000- 21-1652 POLICE EVIDENCE 05/05/21 37.86
2200-22000- 21-1663 POLICE EVIDENCE 05/19/21 3,823.00
2200-22000- 21-17930 POLICE EVIDENCE 10/28/21 5,020.00
2200-22000- 21-17930 POLICE EVIDENCE 10/28/21 2,520.00
2200-22000- 21-17930 POLICE EVIDENCE 10/28/21 1,500.00
2200-22000- 21-17930 POLICE EVIDENCE 10/28/21 300.00
2200-22000- 21-19093 POLICE EVIDENCE 11/23/21 55.00
2200-22000- 21-19807 POLICE EVIDENCE 11/23/21 460.00
2200-22000- 21-21309 POLICE EVIDENCE 11/23/21 872.36
2200-22000- 21-21523 POLICE EVIDENCE 11/23/21 55.00
2200-22000- 21-24329 POLICE EVIDENCE 11/23/21 153.00
2200-22000- 21-26494 POLICE EVIDENCE 11/23/21 114.05
2200-22000- 21-2687 POLICE EVIDENCE 02/21/24 20.00
2200-22000- 21-29761 POLICE EVIDENCE 01/25/22 60.00
2200-22000- 21-30118 POLICE EVIDENCE 01/25/22 706.00
2200-22000- 21-30118 POLICE EVIDENCE 01/25/22 703.00
2200-22000- 21-30118 POLICE EVIDENCE 01/25/22 584.00
2200-22000- 21-30118 POLICE EVIDENCE 01/25/22 203.00
2200-22000- 21-30118 POLICE EVIDENCE 01/25/22 179.00
2200-22000- 21-30118 POLICE EVIDENCE 01/25/22 157.00
2200-22000- 21-30118 POLICE EVIDENCE 01/25/22 155.00
2200-22000- 21-30118 POLICE EVIDENCE 01/25/22 80.00
2200-22000- 21-30118 POLICE EVIDENCE 01/25/22 65.00
2200-22000- 21-30118 POLICE EVIDENCE 01/25/22 28.00
2200-22000- 21-31223 POLICE EVIDENCE 01/25/22 26.00
2200-22000- 21-31935 POLICE EVIDENCE 01/25/22 32.06
2200-22000- 21-34182 POLICE EVIDENCE 03/31/22 3,132.00
2200-22000- 21-34961 POLICE EVIDENCE 03/31/22 70.65
2200-22000- 21-3686 POLICE EVIDENCE 09/29/21 109.84
2200-22000- 21-5419 POLICE EVIDENCE 08/30/21 245.00
2200-22000- 21-6829 POLICE EVIDENCE 08/30/21 451.61
2200-22000- 21-691 POLICE EVIDENCE 05/05/21 26.00
2200-22000- 21-7254 POLICE EVIDENCE 09/29/21 240.00
2200-22000- 21-9957 POLICE EVIDENCE 06/21/21 640.00
POLICE EVIDENCE TOTAL $ 88,360.36

CITY OF COVINA
PROPOSED UNCLAIMED FUNDS (PURSUANT TO CALIFORNIA GOVT CODE: SECTION 50050) FUND/GL ACCOUNTNAME/CASE # DESCRIPTION DATE AMOUNT
60100000-20145 GODINEZ, JEROME WATER REFUND 3/31/21 $ 202.55 60100000-20145 OCHOA, VANESSA WATER REFUND 3/31/21 171.92 60100000-20145 YIN, TAMMY AND CHIS S. WATER REFUND 3/31/21 156.60 60100000-20145 LY, KIRK WATER REFUND 3/31/21 90.29
60100000-20145 PROKOP, MATTHEW WATER REFUND 3/31/21 80.00 60100000-20145 ESTRADA, ALDA WATER REFUND 3/31/21 80.00 60100000-20145 CASTRO, GLORIA WATER REFUND 3/31/21 80.00 60100000-20145 JI, MEI WATER REFUND 3/31/21 80.00
60100000-20145 VILLA, JUAN WATER REFUND 3/31/21 80.00
60100000-20145 BROWN, NICK WATER REFUND 3/31/21 80.00
60100000-20145 CRA WATER REFUND 3/31/21 80.00
60100000-20145 COMMUNICATIONS CENTER WATER REFUND 3/31/21 80.00 60100000-20145 HERMAN CARILLO WATER REFUND 3/31/21 80.00 60100000-20145 KELLY, BRETT WATER REFUND 3/31/21 80.00
60100000-20145 GREF GG EASTLAND CENTER L.P. WATER REFUND 8/18/21 202.89 60100000-20145 GALARZA, ADRIANA WATER REFUND 11/30/21 68.01 WATER REFUNDS TOTAL $ 1,692.26
10100000-22010 EVELIA RAMIREZ STALE DATED CHECK 103781 12/3/20 $ 117.84 10100000-22010 ANDRES MACHADO STALE DATED CHECK 104280 1/14/21 31.00 10100000-22010 ANNA MOSQUEDA STALE DATED CHECK 104760 2/18/21 75.00 10100000-22010 COURTNEY RODRIGUEZ STALE DATED CHECK 104762 2/18/21 45.00 10100000-22010 KYLE FESTEJO ALCUDIA STALE DATED CHECK 104771 2/18/21 45.00 10100000-22010 LINDA KAO STALE DATED CHECK 104773 2/18/21 33.00 10100000-22010 MARTIN VARELA JR STALE DATED CHECK 104779 2/18/21 30.00 10100000-22010 CHARTER COMMUNICATIONS, LLC STALE DATED CHECK 105117 3/11/21 45.00 10100000-22010 MARCO PAREDES STALE DATED CHECK 105136 3/11/21 80.00 10100000-22010 RICHARD GONZALEZ STALE DATED CHECK 105147 3/11/21 101.00 10100000-22010 RICHARD GONZALEZ STALE DATED CHECK 105148 3/11/21 101.00 10100000-22010 RICHARD GONZALEZ STALE DATED CHECK 105149 3/11/21 101.00 10100000-22010 MARIA TEJEDA STALE DATED CHECK 105361 3/25/21 50.00 10100000-22010 FUSTINO ISLAS STALE DATED CHECK 105513 4/8/21 45.00 10100000-22010 LORETTA D. MALDONADO STALE DATED CHECK 105529 4/8/21 85.00 10100000-22010 LYRISSA YBARRA STALE DATED CHECK 105530 4/8/21 75.00 10100000-22010 SHAWN R MORRIS STALE DATED CHECK 105540 4/8/21 45.00 10100000-22010 CARTER RAY VINCENT STALE DATED CHECK 105809 4/29/21 45.59 10100000-22010 GERARDO GAVILAN STALE DATED CHECK 105816 4/29/21 45.00 10100000-22010 JACQUELINE ZAVALA STALE DATED CHECK 105818 4/29/21 45.00 10100000-22010 MANSOUR AWAD STALE DATED CHECK 105822 4/29/21 90.00 10100000-22010 RAFAEL GONZALEZ STALE DATED CHECK 105904 5/6/21 101.00 10100000-22010 YUSEF CONTRERAS STALE DATED CHECK 105909 5/6/21 101.00 10100000-22010 ANDREA GARCIA STALE DATED CHECK 106190 5/26/21 45.00 10100000-22010 OLIVIA DANIELS STALE DATED CHECK 106212 5/26/21 151.00 10100000-22010 RICKY WASHINGTON STALE DATED CHECK 106216 5/26/21 26.00 10100000-22010 ROADRUNNER EQPT STALE DATED CHECK 106217 5/26/21 100.00 10100000-22010 NADER MEKHAIL STALE DATED CHECK 106524 6/17/21 45.00 10100000-22010 ALEJANDRO GALVAN STALE DATED CHECK 106732 6/30/21 45.00 10100000-22010 JOSE GOMEZ (8VUH464) STALE DATED CHECK 106743 6/30/21 80.00 10100000-22010 LAUREN P. SZANTO STALE DATED CHECK 107164 7/29/21 45.00 10100000-22010 MONIQUE NEAL STALE DATED CHECK 107170 7/29/21 30.00 10100000-22010 AUTO SALES LONDON INC. STALE DATED CHECK 107275 8/5/21 30.00 10100000-22010 CHARLES HOMEWOOD STALE DATED CHECK 107277 8/5/21 247.63 10100000-22010 DANIEL MAYO STALE DATED CHECK 107281 8/5/21 19.91 10100000-22010 FRANCISCO RUIZ STALE DATED CHECK 107288 8/5/21 80.00 10100000-22010 JAMES JIMENEZ STALE DATED CHECK 107292 8/5/21 24.00 10100000-22010 JIANJIAU OU STALE DATED CHECK 107295 8/5/21 80.00 10100000-22010 NOEL ACLARO STALE DATED CHECK 107308 8/5/21 75.24

CITY OF COVINA
PROPOSED UNCLAIMED FUNDS (PURSUANT TO CALIFORNIA GOVT CODE: SECTION 50050) FUND/GL ACCOUNTNAME/CASE # DESCRIPTION DATE AMOUNT
10100000-22010 SAGAR GROUP INC STALE DATED CHECK 107314 8/5/21 115.13 10100000-22010 KELSEY DRAGUS STALE DATED CHECK 107511 8/19/21 45.78 10100000-22010 JARON LUCAS STALE DATED CHECK 107889 9/16/21 45.00 10100000-22010 JOANNE KIM STALE DATED CHECK 108398 10/20/21 80.00 10100000-22010 ERIC A. NELSON STALE DATED CHECK 108488 10/27/21 500.00 10100000-22010 ELENA GAETA STALE DATED CHECK 108661 11/10/21 32.71 10100000-22010 AUTOZONE INC STALE DATED CHECK 108706 11/17/21 64.78 10100000-22010 DIXON HERNANDEZ STALE DATED CHECK 108755 11/17/21 49.15 10100000-22010 TESLA ENERGY OPERATIONS STALE DATED CHECK 108765 11/17/21 152.95 10100000-22010 CHRISTOPHER AMICI STALE DATED CHECK 108936 12/1/21 47.59 10100000-22010 MANDARIN CHINESE CUISINE STALE DATED CHECK 108946 12/1/21 63.36 10100000-22010 GIOVANNI GARCIA VILCHIS STALE DATED CHECK 109025 12/8/21 80.00 10100000-22010 ALBERTO SANTOS STALE DATED CHECK 109151 12/15/21 45.00 10100000-22010 ROBERT LE STALE DATED CHECK 109158 12/15/21 80.00 10100000-22010 SAMUEL CASILLAS STALE DATED CHECK 109159 12/15/21 45.00 STALE DATED CHECKS TOTAL $ 4,102.66
GRAND TOTAL $ 97,219.31

CITY OF COVINA
PROPOSED UNCLAIMED FUNDS (PURSUANT TO CALIFORNIA GOVT CODE: SECTION 50055) FUND/GL ACCOUNT NAME/CASE # DESCRIPTION EFF DATE JOURNAL AMOUNT 2200-22010- 22-36010 UNCLAIMED PROPERTY 06/14/23 $ 0.02 2200-22010- 23-9606 UNCLAIMED PROPERTY 02/21/24 0.45
2200-22010- 22-26704 UNCLAIMED PROPERTY 12/20/22 4.00
2200-22010- 23-24230 UNCLAIMED PROPERTY 02/21/24 4.88
2200-22010- 22-36895 UNCLAIMED PROPERTY 06/14/23 9.35
FOUND PROPERTY/SAFEKEEPING TOTAL $ 18.70
2200-22000- 23-4237 POLICE EVIDENCE 04/25/23 $ 1.00
2200-22000- 23-18494 POLICE EVIDENCE 09/25/23 2.00
2200-22000- 23-18268 POLICE EVIDENCE 09/25/23 2.62
2200-22000- 23-21468 POLICE EVIDENCE 10/25/23 4.00
2200-22000- 23-19754 POLICE EVIDENCE 09/25/23 5.00
2200-22000- 23-16139 POLICE EVIDENCE 09/25/23 6.50
2200-22000- 23-7736 POLICE EVIDENCE 04/28/23 11.25
2200-22000- 23-21072 POLICE EVIDENCE 10/04/23 12.00
POLICE EVIDENCE TOTAL $ 44.37
60100000-20145 HUANG, LIAN WATER REFUND 08/31/23 $ 14.95 60100000-20145 TIBOR, JUNNETTE WATER REFUND 11/30/23 14.04 60100000-20145 WHITLOCK, JUREEN WATER REFUND 11/30/23 13.91 60100000-20145 ALTIERI, LORRAINE M WATER REFUND 11/30/23 13.05 60100000-20145 CAMACHO, FELIPE WATER REFUND 11/30/23 11.26 60100000-20145 WARREN, ALLEN WATER REFUND 06/30/23 11.16 60100000-20145 LEONG, LAICHENG WATER REFUND 11/30/23 10.43 60100000-20145 BRUNO H PINKERT ESTATE WATER REFUND 11/30/23 10.04 60100000-20145 PETERSEN, SARA JANE WATER REFUND 08/31/23 9.76 60100000-20145 GARCIA, LAURI WATER REFUND 08/31/23 9.35 60100000-20145 KOYAMA, TAKAAKI WATER REFUND 11/30/23 9.08 60100000-20145 TAI, ANDY WATER REFUND 11/30/23 8.12
60100000-20145 CARMONA, MARIA WATER REFUND 11/30/23 7.57 60100000-20145 CZAPKA, JOSEF WATER REFUND 11/30/23 7.38 60100000-20145 CASALE, FRANCIS WATER REFUND 06/30/23 6.48 60100000-20145 KINNES, SCOTT WATER REFUND 07/31/23 6.25 60100000-20145 BARNARD, DON R WATER REFUND 09/30/23 5.51 60100000-20145 FARRAR-FINKLEA, LESLIE JAYNE WATER REFUND 07/31/23 5.44 60100000-20145 HAGEN, SUSAN WATER REFUND 06/30/23 5.30
60100000-20145 CEBROWSKI, VANESSA WATER REFUND 11/30/23 5.09 60100000-20145 FAHRBACH, CYNTHIA WATER REFUND 11/30/23 5.02 60100000-20145 ANAYA, GLORIA WATER REFUND 07/31/23 4.90 60100000-20145 FILLHART, CHRISTINA WATER REFUND 11/30/23 4.80 60100000-20145 SALAZAR, MARTHA WATER REFUND 11/30/23 3.50 60100000-20145 WALDRON, D E WATER REFUND 11/30/23 1.73
60100000-20145 TEAM CHOICE PROPERTY WATER REFUND 11/30/23 1.63 60100000-20145 KOH, KEVIN WATER REFUND 11/30/23 1.00
60100000-20145 QUINONES, RALEIGH WATER REFUND 11/30/23 0.14 WATER REFUNDS TOTAL $ 206.89
GRAND TOTAL $ 269.96

ATTACHMENT C
125 East College Street  Covina, California 91723-2199

INSTRUCTIONS FOR CLAIMING UNCLAIMED PROPERTY
To file a claim for unclaimed property:

1. To make a claim for unclaimed money, the claimant must complete and submit a Claim for Unclaimed Property form. Please include all required documentation. NOTE: A separa te claim form is not required for each item of property owned by the same owner. Just add additional pages as needed to provide the pertinent information for each item of property claimed.

2. The form may be typed or filled out by hand in black or blue ink.

3. For all claims, the claimant must show proof of identity and proof of ownership of the property. Proof of identity may be provided by a valid governmental photo identification (e.g., driver’s license, passport, or a government employer identification badge) . Proof of ownership will vary depending on the nature of the property claimed, but may include proof of residence or ownership at a particular address or proof of a relationship (vendor, employee, contractor, etc.) with the City at a specified time.

4. If the claimant is claiming the money on behalf of a business entity, the claimant must provide proof that he or she has legal authority to make such request. Proof of authority can be, for example, but is not limited to, a signed letter from the owner or CEO o f the company on company letterhead.

5. If the money is being requested to be paid to someone other than the original owner or payee (e.g., to a person instead of to the business entity), the City requires a written, signed statement made under penalty of pe rjury and other pertinent legal documents which shall justify the change in payee.

6. All pertinent information called for on the form must be filled in or otherwise provided.

The claim form must be signed by the claimant, and the signature must be notarized if the claim is for $100 or more.

7. For claims submitted by an agent on behalf of the claimant under power of attorney, the power of attorney form must have the notarized signature of the claimant, and the claim form must also have a notarized signature of t he claimant.

ATTACHMENT D
125 East College Street  Covina, California 91723-2199

8. Completed claim forms and supporting documentation must be mailed to:

City of Covina
Administrative Services Department – Finance Division
Attn: Unclaimed Property
125 E. College St.

Covina, CA 91723-2199
All original forms must be received by the City by 6:00p.m. of the filing deadline. PDF copies received by email will be accepted only for purposes of meeting a filing deadline; however, the claim form with an original signature must be received by the Cit y within five business days of the filing deadline in order to process the claim. If the original claim is not received within five business days, the PDF claim will be rejected.

Once a proper claim has been received by the City, the propriety of the cla im will be evaluated and the claimant will be notified if any further information is needed.

9. If you have any questions, please email [email protected] or mail questions to the above address.

Please note that it may take up to 60 days to process your claim and, if approved, approximately 15 additional days for you to receive payment. This process may take longer under certain circumstances.

Claim for Unclaimed Property
City of Covina
Attn: Unclaimed Property
125 E. College St.

Covina, CA 91723
Form may be typed or filled out with black or blue ink.

CLAIMANT INFORMATION
Name Address
City/State/Zip Code
Last Four Digits of Your Social Security Number

ACCOUNTING ONLY
CLAIM NO.

DATE RECEIVED
Telephone Number
Email Address
Business Name, if applicable
Business Taxpayer ID#
CLAIM INFORMATION: Attach all documentation to support your claim.

For claims that have not been notarized, include proof of identity (clear copy of passport, DMV license, or DMV ID card). If you are claiming multiple items from the unclaimed property list, please provide this information for each item claimed.

Name (as listed on the unclaimed property listing):

Amount (from the unclaimed property listing): Fund (from the unclaimed property listing):

PREVIOUS ADDRESSES: Please list your previous addresses as support for your claim. Use additional paper, if needed.

CERTIFICATION OF CLAIMANT
If the total
amount claimed
is $100 or more,
the SIGNATURE MUST BE NOTARIZED
I certify under penalty of perjury that the information contained in this claim is true and correct and of my own personal knowledge.

I further certify that I am the owner of or the person legally entitled to the money and property set forth in this claim or I am an authorized representative of this business.

SIGNED:

TITLE, if applicable:

NOTARY ACKNOWLEDGMENT
State of California
County of
On , before me, , a Notary
Public, personally appeared , who
proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her authorized capacity, and that by his/her signature on this document the person, or the entity upon behalf of which the person acted, executed the instrument.

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

Witness my hand and official seal.
(Seal)

DISPOSITION
Accepted
Rejected

DO NOT WRITE IN THE SECTIONS BELOW THIS LINE
Escheator
Date:

THIS CLAIM IS APPROVED FOR PAYMENT
OR Date:

Finance Manager Administrative Services Director

ATTACHMENT D

CC Regular Meeting

AGENDA ITEM REPORT
ITEM NO. CC 7
Meeting: April 15, 2025
Title: Amend Finance Advisory Commission Regular / Special Meeting Bylaws Presented by: Theresa Franke, Interim Finance Director
Charles Russom, Sr. Management Analyst
Recommendation: Adopt Resolution CC 2025-27 Amending the Bylaws of the Finance Advisory Commission Pertaining to the Establishment of a Meeting Quorum and to Allow Bylaw Amendments at All Meetings.

EXECUTIVE SUMMARY:

The City Council will consider bylaw amendments for the Finance Advisory Commission (“FAC”) to better align with policies and procedures used for other City Advisory Commissions and Committees. As proposed, the amendments would include establishing quorum for FAC meetings with a majority of Commissioners in attendance, authorizing the FAC to consider bylaw amendments with two-thirds (2/3) membership present and authorizing the FAC to consider bylaw amendments at all of its meetings. The proposed amendments will help to ensure consistency across the City’s Advisory Commissions and streamline efficiencies for FAC meetings.

DISCUSSION:

The FAC meets on a fixed schedule and at special meetings (as needed) to:
 Advise and make recommendations to the City Council on finance-related policies and financial stability issues as defined in these Bylaws.
 Review, evaluate, and monitor Community Development Block Grant (CDBG) programs as part of the City’s mandated Citizen Participation Plan.
 Advise and make recommendations to the City Council pertaining to the City’s Transactions and Use Tax funding, as enacted by voters in November 2018.

Currently, the FAC bylaws require that six commission members are necessary to establish a quorum, instead of a majority of the appointed membership. This verbiage is inconsistent with the current City of Covina Appointments to Boards, Commissions, and Committees Policy, Section 5A which states that, “a majority of the members of the board or commission shall constitute a quorum.” As proposed, this provision would be revised to mirror the City’s policy for other City Boards, Commissions and Committees.

Additionally, the existing FAC framework provides that bylaw amendments may be recommended to the City Council upon a four-fifths (4/5) vote of membership at a regular meeting. This verbiage is inconsistent with the current City of Covina Appointments to Boards, Commissions, and Committees Policy, Section 9 which states that, “Boards and commissions may craft additional bylaw provisions specific to the group, including establishing regular meeting dates, time and locations, as long as the bylaws do not conflict with Sections 1 through 8 above.

Any bylaw provisions and revisions thereto must be approved by the City Council.” As proposed, this provision would be revised to align with the City’s policy for other City Boards, Commissions and Committees.

FISCAL IMPACT:

None.

CEQA (CALIFORNIA ENVIRONMENTAL QUALITY ACT):

Not Applicable.

Respectfully submitted,

Resolution CC 2025-27
Exhibit A
RESOLUTION CC 2025-27

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COVINA,

CALIFORNIA, TO AMEND THE BY-LAWS OF THE FINANCE

ADVISORY COMMISSION TO MODIFY QUORUM REQUIREMENTS

AND ALLOW FOR BYLAW AMENDMENTS AT BY TWO-THIRDS

VOTE AT REGULAR AND SPECIAL MEETINGS
WHEREAS, the Finance Advisory Committee was established and bylaws adopted per Resolution No. 14-7236, adopted June 3, 2014; and
WHEREAS, the bylaws of said Committee were amended per Resolution No. 14-7274 on August 19, 2014; and
WHEREAS, on April 9, 2016, the City Council adopted Resolution CC 16-7480 adopting policies related to the advisory bodies of the City, renaming the Finance Advisory Committee as the Finance Advisory Commission; and
WHEREAS, on October 2, 2018, the City Council adopted Resolution CC 18-127 amending policies related to the City' s advisory boards and commissions, making modifications to certain provisions of said policies related to eligibility and membership, recruitment, appointment and selection; and
WHEREAS, on November 20, 2018, the City Council adopted Resolution CC 18-137 amending policies related to the City' s advisory boards and commissions, and rescinding Resolution CC 18-127; and
WHEREAS, on February 5, 2019, the City Council adopted Resolution CC 19-12 amending the Finance Advisory Commission Bylaws to include the responsibility of advising and making recommendations to the City Council pertaining to the City’s transactions and use tax funding; and
WHEREAS, on March 5, 2019, the City Council adopted Resolution CC 19-27 amending policies related to the City’s Advisory Boards and Commission and rescinding Resolution CC 18- 137; and
WHEREAS, on August 16, 2022, the City Council approved revisions to Resolution CC 19-27 relating to appointment to Boards, Commissions, and Committees Policy; and WHEREAS, on April 4, 2023, the City Council approved Resolution 2023-21 to amend the bylaws for a fixed meeting schedule and allow special meetings to be called by staff.

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

Resolution CC 2025-27 Page 2 of 2
SECTION 1. Amend the Finance Advisory Commission Bylaws Section V, Subsection:

E. Majority of appointed Commission members shall constitute a quorum. Each Commission member shall be entitled to one vote with the exception of the city treasurer, who is a nonvoting member. Recommendation of new policies or programs to City Council requires an affirmative vote from the majority of the members present.in the Council Chamber Conference Room or another location agreed upon by Committee members.

SECTION 2. Amend the Finance Advisory Commission Bylaws Section VII, These Bylaws may be amended by a two-thirds vote of the present Commission membership (as established by Resolution CC 19-27) at a regular meeting or special meeting, provided that the amendments are also approved by majority vote of the City Council.

SECTION 3. The Bylaws of the Finance Advisory Commission are hereby amended accordingly as reflected in the attached Exhibit A and incorporated herein by this reference.

APPROVED and PASSED this 15
th day of April, 2025.

City of Covina, California
BY:

VICTOR LINARES, Mayor
ATTEST:

FABIAN VELEZ, Chief Deputy City Clerk

CERTIFICATION
I, Fabian Velez, Chief Deputy City Clerk of the City of Covina, do hereby certify that Resolution CC 2025-27 duly adopted by the City Council of the City of Covina at a regular meeting held on the 15th day of April, 2025, by the following vote:

AYES: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:

Dated:
__________________________________________
FABIAN VELEZ, Chief Deputy City Clerk

Resolution CC 2025-27 Exhibit A

FINANCE ADVISORY COMMISSION
BYLAWS
I. PURPOSE
A. To advise and make recommendations to the City Council on finance-related policies and financial stability issues as defined in these Bylaws.

B. To review, evaluate, and monitor Community Development Block Grant (CDBG) programs as part of the City’s mandated Citizen Participation Plan.

C. To advise and make recommendations to the City Council pertaining to the City’s Transactions and Use Tax funding, as enacted by voters in November 2018.

II. ORGANIZATION
A. Composition

1. The Finance Advisory Commission (hereinafter Commission) shall consist of ten members appointed by the City Council. In addition to the ten appointed members, the elected city treasurer will serve as a non-voting member on the Commission.

2. Those eligible to apply are local business people and property owners in the City, and the city treasurer.

B. Terms of Office

1. Initially, three Members shall serve until June 30, 2016 with the remaining seats serving until June 30, 2018. Thereafter, members shall serve four-year staggered terms expiring at the end of June.

2. Pursuant to Government Code Section 36506, all members shall serve at the pleasure of the City Council.

C. Qualifications

1. Applicants must have an interest in serving the financial needs of the City as well as the development of the CDBG program including serving low and moderate income residents and blighted neighborhoods.

2. Eligibility shall be as established by Resolution CC 19-27.

D. Attendance

1. The policies as set forth in Resolution CC 19-27 and revisions per City Council on August 16, 2022 shall govern attendance, absence, and removal of commission members.

2. Pursuant to Government Code Section 36506, any member of the Commission may be removed at any time and without cause by a majority vote of the City Council.

E. Appointmentsto Fill Vacancies

1. The policies as set forth in Resolution CC 19-27 and revisions per City Council on August 16, 2022 shall govern appointments to the Commission.

F. Compensation and Reporting

1. Members of the Commission shall serve without compensation for their service on the Commission.

2. Members will be required to file annual statements of economic interest (FPPC Form 700) and complete ethics training every two years in accordance with the California Government Code (AB 1234).

III. DUTIES
A. Reviews and analyzes financial and investment information including the annual operating and capital improvement program.

B. Advises the City Council on finance-related policies and issues.

C. Reviews, evaluates, and monitors Community Development Block Grant (CDBG) programs, and makes recommendations to the City Council on the allocation of funding.

D. Reviews, evaluates, and makes recommendations regarding funding derived from the Transactions and Use Tax measure enacted by Covina voters in November 2018.

E. The Commission will operate in compliance with all federal, state and local laws, including but not limited to, the City of Covina Municipal Code, and other applicable Ordinances and Resolutions adopted by the City Council.

IV. OFFICERS
A. Designation of Officers

1. At the initial meeting and at the first regular meeting in July of each year, or during the next regularly-scheduled meeting if a July meeting is not otherwise necessary, the Commission shall elect a Chair and Vice-Chair from among its membership. The selection of chair and vice-chair shall be the last item on the agenda at the schedule meeting.

2. The Chair and Vice-Chair shall serve at the pleasure of the Commission and may be removed at any time and without cause by a majority vote of the Commission membership.

3. The Chair and Vice-Chair shall serve terms of one year commencing upon their appointment and concluding on the election of their successors.

4. Special elections shall be held when necessary due to mid-year officer vacancies.

B. Duty of Officers

1. The Chair shall preside over all Commission meetings, follows the Brown Act requirements for conducting meetings and coordinates the scheduling of special meetings or cancellation of a meeting with the staff liaison. The Vice-Chair shall serve as the presiding officer in the absence of the chair.

V. MEETINGS
A. Annual Meeting: The Commission shall hold an annual meeting on the second Wednesday in the month of July at 6:00 pm, during which Officers shall be selected, or at another date and time in July agreed upon by the Commission. Other business may also be transacted during this meeting. Meetings shall be held in the Council Chamber or another facility with adequate parking, interior space, lighting and accessibility to promote involvement.

B. Regular Meetings: The Committee shall also meet on the second Wednesday of the months of September, December, February, and May at 6:00pm, or at another date and time agreed upon by the Committee, which will facilitate the attendance and input of the public. Meetings shall be held in the Council Chamber Conference Room or another location agreed upon by Committee members.

C. Special Meetings: Special meetings may be called at any time by the Chair, or at least three members, or City staff.

D. All meetings shall be called, noticed, held, and conducted in accordance with the provisions of the Ralph M. Brown Act (commencing with California Government Code Section 54950) and shall be open to the public.

E. Majority of appointed Commission members shall constitute a quorum. Each Commission member shall be entitled to one vote with the exception of the city treasurer, who is a nonvoting member.

Recommendation of new policies or programs to City Council requires an affirmative vote from the majority of the members present.

F. The latest edition of Robert's Rules of Order shall constitute the parliamentary guidelines for transaction of the Commission's business. Where there is a conflict between Robert's Rules of Order and the Bylaws, the Bylaws shall have precedence. Failure to strictly follow Robert's Rules of Order shall not invalidate any action of the Commission.

VI. STAFF SUPPORT
A. The Finance Director and Finance Departmentstaff, as directed and determined by the Finance Director, shall provide staff support to the Commission to include:

1. Agenda preparation and posting.

2. Respond to requests for information by the Commission.

3. Provide technical assistance and advice to the Commission.

4. Take minutes and coordinate preparation and dissemination of materials.

5. Perform follow-up activity as requested consistent with the direction of the Commission.

B. In the event of a request for research by the Commission that the Administrative Services Director determines not to be within the approved tasks or duties of the Commission, or that requires a dedication of staff time that is not available within the requirements of day-to-day operations, the Administrative Services Director shall confer with the City Manager. The City Manager shall decide whether the staff support shall be provided in that instance. The Commission may appeal the City Manager’s decision to the City Council.

VII. AMENDMENTS
These Bylaws may be amended by a two-thirds vote of the present Commission membership (as established by Resolution CC 19-27) at a regular meeting or special meeting, provided that the amendments are also approved by majority vote of the City Council.

CC Regular Meeting

AGENDA ITEM REPORT
ITEM NO. CC 8
Meeting: April 15, 2025
Title: Adoption of Resolutions Relating to the Annexation of Territory to Community Facilities District No. 2007-1, declaring intention to Authorize Annexation, Adopting Boundary Map, and Setting the Public Hearing Date for June 3, 2025 Presented by: Brian K. Lee, AICP, Deputy City Manager/Director of Community Development Recommendation: 1. Adopt City Resolution CC 2025-28, declaring intention to authorize the annexation of territory (270 West Dexter Street, Covina//Annexation 37) to Community Facilities District No. 2007-1 (Public Services); and

2. Adopt City Resolution CC 2025-29, adopting boundary map showing territory proposed to be annexed in the future to Community Facilities District No. 2007-1 (Public Services).

EXECUTIVE SUMMARY:

On June 5, 2007, the City Council held a public hearing and formed Community Facilities District (CFD) 2007- 1 (Public Services). Pursuant to the Planning Approval Clearance Conditions for development of a duplex at 270 West Dexter Street, the builder agreed to annex to the CFD, or to pay an in-lieu fee based on the financial impact on Police, Fire, Emergency and Parks services. The builder has opted to annex into the CFD.

Under the CFD, in Fiscal Year 2024-2025, any new multi-family residential units are charged $645.38 per unit for the following services: police, fire protection and suppression, paramedic services, and park maintenance.

This Special Tax appears on the annual Property Tax bill for each parcel. The Special Tax authorized by the CFD shall be levied on all parcels for which building permits were issued on or before May 1 of the preceding fiscal year.

This program has been conceived with the intention that all future residential development, which results in a net increase of residential units, will annex to the CFD or pay an equivalent mitigation fee. Residential units constructed prior to formation of the CFD are not subject to the Special Tax.

DISCUSSION:

Resolutions that notice the intent of the City to annex property to the CFD, identify the boundaries of the proposed annexation, identify the types of services to be funded by the CFD, and notice that a public hearing will be held on June 3, 2025, where the City Council will consider the proposed annexation, are pursuant to the Planning Approval Clearance Conditions for development of a new multi-family residential duplex at 270 West Dexter Street, Covina, California. The Assessor’s Parcel Number (APN) is 8444-010-010.

The purpose of the CFD is to finance the aforementioned public safety and park services that are in addition to those currently provided for the territory within the District. In Fiscal Year 2024-2025, the estimated amount for these services, a multi-family residential duplex, is $1,290.76.

FISCAL IMPACT:

There is one (1) multi-family residential duplex in the proposed annexation area that is subject to the special tax.

The “Special Tax” authorized by the proposed annexation to Community Facilities District 2007-1 (the “CFD”) will generate an estimate of $645.38 annually based on Fiscal Year 2024-2025 special tax rates and will be

deposited to Account No. 2740-4800-45800. The Special Tax shall be used to pay for the following services:
police, fire protection and suppression, paramedic services, and park maintenance. The Special Tax will increase annually by the greater of two percent (2.00%), or the percentage change in the Consumer Price Index.

CEQA (CALIFORNIA ENVIRONMENTAL QUALITY ACT):

This activity will not result in a reasonably foreseeable change to the physical environment; it is exempt from CEQA under State CEQA Guidelines 15061 (b) (2) and (3) and does not constitute a project.

Respectfully submitted,

ATTACHMENT A
RESOLUTION CC 2025-28

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COVINA,

CALIFORNIA, DECLARING ITS INTENTION TO AUTHORIZE THE

ANNEXATION OF TERRITORY TO COMMUNITY FACILITIES
DISTRICT NO. 2007-1 (PUBLIC SERVICES)
WHEREAS, the City Council of the City of Covina, California, (hereafter referred to as the “City Council”), at this time desires to authorize the annexation of territory to City of Covina Community Facilities District No. 2007-1 (Public Services) (“CFD No. 2007-1”) pursuant to the terms and provisions of the “Mello-Roos Community Facilities Act of 1982”, being Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code of the State of California, as amended (the “Act”); and WHEREAS, CFD No. 2007-1 was formed to finance new police services, fire protection and suppression services, paramedic services, and park maintenance and other public services in addition to those provided in or required for the territory within CFD No. 2007-1 and will not be replacing services already available; and
WHEREAS, certain territory is proposed to be annexed to CFD No. 2007-1 and such territory shall be known and designated as Community Facilities District No. 2007-1 (Public Services), Annexation No. 37 (“Annexation No. 37”); and WHEREAS, this legislative body now desires to proceed to adopt its Resolution of Intention to annex Annexation No. 37 into CFD No. 2007-1, to describe the territory proposed to be annexed, Annexation No. 37, to specify the services to be financed from the proceeds of the levy of special taxes within Annexation No. 37, to set and specify the special taxes that would be levied within the territory to finance such services, and to set a time and place for a public hearing relating to the annexation of Annexation No. 37 into CFD No. 2007-1; and WHEREAS, a map showing the boundaries of Annexation No. 37 proposed to be annexed has been submitted, and a copy of the map shall be kept on file with the transcript of these proceedings.

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

SECTION 1. Recitals. The above recitals are all true and correct.

SECTION 2. Authorization. The proceedings for annexing Annexation No. 37 into CFD No. 2007-1 are authorized and initiated by this legislative body pursuant to the authorization of the Act.

SECTION 3. Intention to Annex. This legislative body hereby determines that the public convenience and necessity requires that Annexation No. 37 be added to CFD No. 2007-1 in order to pay the costs and expenses for the required and authorized new services generated from new development within the City and this City Council declares its intention to annex Annexation No. 37

Resolution CC 2025-28 Page 2 of 5
to CFD No. 2007-1.

SECTION 4. Boundaries. A general description of the boundaries of Annexation No. 37 proposed to be annexed is as follows:

All that territory proposed to be annexed to CFD No. 2007-1, as such property is shown on a map designated as “Annexation Map No. 37 of Community Facilities District No. 2007-1 (Public Services), City of Covina, County of Los Angeles, State of California,” attached hereto as Exhibit “A” and hereby incorporated by reference.

Existing territory includes the following:

CFD General description of existing territory
Original area 1009 N. Citrus
Annexation #1 228 W. Center Street
Annexation #2 Vintage Walk 2
Annexation #3 451 E. Badillo
Annexation #4 1256 W. McGill Street
Annexation #5 Citrus Walk
Annexation #6 276 W. Dexter Street
Annexation #7 166 E. Center Street
Annexation #8 269-275 W. Center Street
Annexation #9 425 Center Street
Annexation #10 800 N. Banna Avenue
Annexation #11 735 Orange Circle
Annexation #12 308 S. Barranca Avenue
Annexation #13 1732 E. Ruddock Street
Annexation #14 1162 N. Citrus Avenue
Annexation #15 172 E. Center Street
Annexation #16 437 W. Center Street
Annexation #17 139 E. Puente Street
Annexation #18 310 W. Edna Place
Annexation #19 400 block of North Citrus Avenue
Annexation #20 245 E. Puente Street
Annexation #21 135 W. Center Street
Annexation #22 129-137 W. Orange Street
Annexation #23 155 E. San Bernardino Road
Annexation #24 449 S. Barranca Avenue
Annexation #25 546 N. Lark Ellen Avenue
Annexation #26 143 W. Center Street
Annexation #27 135 E. Badillo Street
Annexation #28 1060 W. San Bernardino Road, 1103 W. Badillo Street and 1111 W. Badillo Street
Annexation #29 707 N. Barranca Avenue
Annexation #30 342 S. Fourth Avenue
Annexation #31 316 S. Barranca Avenue

Resolution CC 2025-28 Page 3 of 5
Annexation #32 155 E. Covina Boulevard
Annexation #33 671 E. Puente Street
Annexation #34 837 N. Sunflower Avenue
Annexation #35 747 N. Barranca Avenue
Annexation #36 831 W. Cypress Street
Annexation #37 270 W. Dexter Street (in process)
SECTION 5. Name of District. The name of the district is “City of Covina Community Facilities District No. 2007-1 (Public Services)” and the designation for the territory to be annexed shall be “City of Covina Community Facilities District No. 2007-1 (Public Services), Annexation No. 37.”
SECTION 6. Services Authorized to be Financed by CFD No. 2007-1, Annexation No. 37.

The services that are authorized to be financed by CFD No. 2007-1 are certain services which are in addition to those provided in or required for the territory within CFD No. 2007-1 and Annexation No. 37 and will not be replacing services already available. A general description of the services to be financed by CFD No. 2007-1 and Annexation No. 37 is as follows:

PUBLIC SERVICES
New police services, fire protection and suppression services, paramedic services, and park maintenance, including but not limited to (i) the costs of contracting services, (ii) related facilities, equipment, vehicles, ambulances, fire apparatus and supplies, (iii) the salaries and benefits of City staff that directly provide police services, fire protection and suppression services, paramedic services, and park maintenance respectively, and (iv) City overhead costs associated with providing such services within CFD No. 2007-1 and Annexation No. 37. The Special Tax provides only partial funding for Public Services.

The same types of services which are authorized to be financed by CFD No. 2007-1 are the types of services to be provided in Annexation No. 37. If, and to the extent possible, such services shall be provided in common within CFD No. 2007-1 and Annexation No. 37.

SECTION 7. Special Taxes. It is the further intention of this City Council body that, except where funds are otherwise available, a special tax sufficient to pay for such services to be provided in CFD No. 2007-1 and Annexation No. 37, and related incidental expenses authorized by the Act, secured by recordation of a continuing lien against all non-exempt real property in Annexation No. 37, will be levied annually within the boundaries of such Annexation No. 37. For further particulars as to the rate and method of apportionment of the proposed special tax, reference is made to the attached and incorporated Exhibit “B” (the “First Amended Rate and Method of Apportionment”), which sets forth in sufficient detail the method of apportionment to allow each landowner or resident within proposed Annexation No. 37 to clearly estimate the maximum amount that such person will have to pay.

The special tax proposed to be levied within Annexation No. 37 for services to be supplied within Annexation No. 37 shall be equal to the special tax levied to pay for the same services in CFD No. 2007-1, to the extent that the actual cost of providing the services in Annexation No. 37 is equivalent to the cost of providing those services in CFD No. 2007-1. Notwithstanding the

Resolution CC 2025-28 Page 4 of 5
foregoing, the special tax may not be levied at a rate that is higher than the maximum special tax authorized to be levied pursuant to the First Amended Rate and Method of Apportionment.

The special taxes herein authorized, to the extent possible, shall be collected in the same manner as ad valorem property taxes and shall be subject to the same penalties, procedure, sale and lien priority in any case of delinquency as applicable for ad valorem taxes. Any special taxes that may not be collected on the County tax roll shall be collected through a direct billing procedure by the City Treasurer.

The maximum special tax rate in CFD No. 2007-1 shall not be increased as a result of the annexation of Annexation No. 37 to CFD No. 2007-1.

SECTION 8. Public Hearing. Notice is given that on the 3 rd day of June, 2025, at the hour
of 7:30 p.m., in the regular meeting place of the City Council being the Covina City Hall located at 125 E. College Street Covina, CA 91723, a public hearing will be held where this City Council will consider the authorization for the annexation of Annexation No. 37 to CFD No. 2007-1, the proposed method and apportionment of the special tax to be levied with Annexation No. 37 and all other matters as set forth in this Resolution of Intention.

At such public hearing, the testimony of all interested persons for or against the annexation of Annexation No. 37 or the levying of special taxes within Annexation No. 37 will be heard.

At such public hearing, protests against the proposed annexation of Annexation No. 37, the levy of special taxes within Annexation No. 37 or any other proposals contained in this resolution may be made orally by any interested person. Any protests pertaining to the regularity or sufficiency of the proceedings shall be in writing and shall clearly set forth the irregularities or defects to which objection is made. All written protests shall be filed with the City Clerk prior to the time fixed for the public hearing. Written protests may be withdrawn at any time before the conclusion of the public hearing.

SECTION 9. Majority Protest. If (a) 50% or more of the registered voters, or six (6) registered voters, whichever is more, residing within CFD No. 2007-1, (b) 50% or more of the registered voters, or six (6) registered voters, whichever is more, residing within Annexation No. 37, (c) owners of one-half or more of the area of land in the territory included in CFD 2007-1, or (d) owners of one-half or more of the area of land in the territory included in Annexation No. 37, file written protests against the proposed annexation of Annexation No. 37 to CFD No. 2007-1 and such protests are not withdrawn so as to reduce the protests to less than a majority, no further proceedings shall be undertaken for a period of one year from the date of the decision by the City Council on the annexation of Annexation No. 37 to CFD 2007-1.

SECTION 10. Notice. Notice of the time and place of the public hearing shall be given by the City Clerk by publication in a legally designated newspaper of general circulation, in the territory of Annexation No. 37 and CFD 2007-1 pursuant to Section 6061 of the Government Code.

Said publication shall be completed at least seven (7) days prior to the date set for the public hearing and shall contain the information prescribed in Section 53322 of the Act.

SECTION 11. The City Clerk shall certify to the passage and adoption of this

Resolution CC 2025-28 Page 5 of 5
resolution and shall enter the same in the Book of Original Resolutions.

APPROVED and PASSED this 15th day of April, 2025.

City of Covina, California
BY:

VICTOR LINARES, Mayor
ATTEST:
______________________________________
FABIAN VELEZ, Chief Deputy City Clerk

CERTIFICATION
I, Fabian Velez, Chief Deputy City Clerk of the City of Covina, do hereby certify that Resolution CC 2025-28 was duly adopted by the City Council of the City of Covina at a regular meeting held on the 15th day of April, 2025, by the following vote:

AYES: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:

Dated:
____________________________________
FABIAN VELEZ, Chief Deputy City Clerk

Exhibit A

EXHIBIT A TO RESOLUTION

ANNEXATION MAP

Exhibit B

EXHIBIT B TO RESOLUTION

FIRST AMENDED RATE AND METHOD OF APPORTIONMENT

Exhibit B

FIRST AMENDED

RATE AND METHOD OF APPORTIONMENT

CITY OF COVINA
COMMUNITY FACILITIES DISTRICT NO. 2007-1 (PUBLIC SERVICES) A special tax as hereinafter defined shall be levied on and collected for Community Facilities District No. 2007-1 (Public Services) of the City of Covina (“CFD No. 2007-1”) each Fiscal Year, commencing in Fiscal Year 2007-2008, in an amount determined by the City Council of the City of Covina through the application of the appropriate Special Tax for “Developed Property,” as described below. All of the real property in CFD No. 2007-1, unless exempted by law or by the provisions hereof, shall be taxed for the purposes, to the extent, and in the manner herein provided.

A. DEFINITIONS
The terms hereinafter set forth have the following meanings:
“Act” means the Mello-Roos Communities Facilities Act of 1982 as amended, being Chapter 2.5, Division 2 of Title 5 of the Government Code of the State of California. “Administrative Expenses” means any actual ordinary and necessary expense of the City of Covina, or designee thereof or both, to carry out the administration of CFD No. 2007-1 related to the determination of the amount of the levy of the Special Tax, the collection of the Special Tax including the expenses of collecting delinquencies, the payment of a proportional share of salaries and benefits of any City employee whose duties are directly related to the administration of CFD No. 2007-1, fees and expenses for counsel, Special Tax consultant and other consultants hired by the City in relation to CFD No. 2007-1, costs associated with responding to public inquiries regarding CFD No. 2007-1, and costs otherwise incurred in order to carry out the authorized purposes of CFD No. 2007-1.
“Affordable Housing” means any Unit within CFD No. 2007-1 that is subject to a written and recordable covenant, deed restriction, resale restriction, regulatory agreement or similar agreement with either the City of Covina or the Redevelopment Agency of the City of Covina, which restricts the amount of rent for that Unit to “affordable rent” (as that term is defined in California Health and Safety Code Section 50053) for a period of not less than fifty-five (55) years, or which restricts the purchase price for that Unit to “affordable housing cost” (as that term is defined in California Health and Safety Code Section 50052.5) for a period of not less than forty-five (45) years. A Unit shall no longer be considered Affordable Housing following the expiration or termination of the applicable covenant, restriction or agreement.
“Annual Escalation Factor” means for the Special Tax, the greater of (i) two percent (2.00%), or (ii) the percentage change in the Consumer Price Index for the Calendar Year ending in December of the prior Fiscal Year.

Exhibit B
“Assessor’s Parcel” means a lot or parcel of land designated on an Assessor’s Parcel Map with an assigned Assessor’s Parcel number within the boundaries of CFD No. 2007-1. “Assessor’s Parcel Map” means an official map of the Assessor of the County designating parcels by Assessor’s Parcel number.
“Base Year” means Fiscal Year ending June 30, 2008.
“Boundary Map” means the map of the boundaries for CFD No. 2007-1, as approved by the City Council, and recorded with the County in maps of assessments and community facilities districts. “Building Permit” means a permit for new construction for a residential dwelling Unit. For purposes of this definition, “Building Permit” shall not include permits for construction or installation of retaining walls, utility improvements, or other such improvements not intended for human habitation.
“Calendar Year” means the period commencing January 1 of any year and ending the following December 31.
“CFD Administrator” means an official of the City, or designee thereof, responsible for determining the Special Tax Requirements and providing for the levy and collection of the Special Tax.
“CFD No. 2007-1” means Community Facilities District No. 2007-1 (Public Services) established by the City under the Act.
“City” means the City of Covina.
“City Council” means the City Council of the City, acting as the Legislative Body of CFD No. 2007-1, or its designee.
“Consumer Price Index” means the index published by the U.S. Department of Labor, Bureau of Labor Statistics for all urban consumers in the Los Angeles-Riverside-Orange County area. “County” means the County of Los Angeles.
“Developed Property” means all Assessor’s Parcels within CFD No. 2007-1 for which Building Permits were issued on or before May 1 preceding the Fiscal Year for which the Special Tax is being levied, provided that a Final Map was created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the City and/or CFD administrator.
“Exempt Property” means all Assessor’s Parcels within CFD No. 2007-1 designated as being exempt from the Special Tax as determined in Section F. “Final Map” means a subdivision of property evidenced by the recordation of a final map, parcel map, or lot line adjustment, pursuant to the Subdivision Map Act (California Government Code Section 66410 et seq.) or the recordation of a condominium plan pursuant to California Civil Code 1352 that creates individual lots for which Building Permits may be issued without further subdivision.

Exhibit B
“Fiscal Year” means the period commencing on July 1 of any year and ending the following June

30. “Lot” means an individual legal lot created by a Final Map for which a Building Permit could or has been issued.
“Maximum Special Tax” means the Maximum Special Tax determined in accordance with Section C, which can be levied by CFD No. 2007-1 in any Fiscal Year on Taxable Property within CFD No. 2007-1.
“Mixed-Use Property” means all Assessor’s Parcels of Developed Property for which Building Permit(s) have been issued for purposes of constructing Non-Residential Property and Residential Property. Residential Units on Mixed-Use Property shall be classified as Multi-Family Residential. “Multi-Family Residential” means all Assessor’s Parcels of Developed Property for which a Building Permit has been issued for purposes of constructing a residential structure consisting of two or more residential Units that share common walls, including, but not limited to, duplexes, triplexes, town homes, condominiums, apartment Units, and residential Units on Assessor’s Parcels that are considered Mixed-Use Property.
“Non-Residential Property” means all Assessor’s Parcels for which a Building Permit was issued for any type of non-residential use.
“Public Property” means any property within the boundaries of CFD No. 2007-1 that is owned by or irrecoverably dedicated to the City, the federal government, the State of California, the County, CFD No. 2007-1, or other public agency. For purposes of this definition, property owned by the Redevelopment Agency of the City of Covina is not considered Public Property and any property owned by the Redevelopment Agency will be subject to the levy of a Special Tax in accordance with Sections C and D herein.
“Public Services” means new police services, fire protection and suppression services, paramedic services, and park maintenance, including but not limited to (i) the costs of contracting services, (ii) related facilities, equipment, vehicles, ambulances, fire apparatus and supplies, (iii) the salaries and benefits of City and Fire District staff that directly provide police services, fire protection and suppression services, paramedic services, and park maintenance, and (iv) City and Fire District overhead costs associated with providing such services within CFD No. 2007-1. The Special Tax provides only partial funding for police, fire protection services, paramedic services, and park maintenance.
“Special Tax” means any special tax authorized to be levied by CFD No. 2007-1 pursuant to the Act to fund the Special Tax Requirement.
“Single-Family Residential” means all Assessor’s Parcels of Developed Property for which a Building Permit has been issued for purposes of constructing one single-family residential dwelling Unit.
“Taxable Property” means all Assessor’s Parcels within CFD No. 2007-1 that are not exempt from the levy of the Special Tax.

Exhibit B
“Tax Class” means any of the classes listed in Table 1 below. “Undeveloped Property” means all Assessor’s Parcels within CFD No. 2007-1 for which Building Permits have not been issued and that is not classified as Approved Property or Public Property. “Unit” means any separate residential dwelling unit in which a person or persons may live, which comprises an independent facility capable of conveyance separate from adjacent residential dwelling units and is not considered to be for commercial or industrial use.

B. CLASSIFICATION OF ASSESSOR’S PARCELS
Each Fiscal Year, beginning with Fiscal Year 2007-2008, each Assessor’s Parcel within CFD No. 2007-1 shall be classified as Developed Property or Exempt Property. In addition, each Fiscal Year, beginning with Fiscal Year 2007-2008, each Assessor’s Parcel of Developed Property shall be further classified as Single-Family Residential, Multi-Family Residential, or Mixed-Use Property.

C. MAXIMUM ANNUAL SPECIAL TAX
The Maximum Special Tax for each Assessor’s Parcel classified as Single-Family Residential, MultiFamily Residential, and Mixed-Use Property in Fiscal Year 2007-2008 shall be equal to the Maximum Special Tax set forth in Table 1.

TABLE 1

MAXIMUM ANNUAL SPECIAL TAX RATES
Fiscal Year 2007-2008
Tax Class Description Maximum
Special Tax
1 Single-Family Residential $527 per Unit
2 Multi-Family Residential $395 per Unit
3 Mixed-Use Property $395 per Unit
For each subsequent Fiscal Year following the Base Year, the Maximum Special Tax for each Assessor’s Parcel classified as Developed Property shall be adjusted by the Annual Escalation Factor.

Multiple Tax Classes
In some instances an Assessor’s Parcel may contain more than one Tax Class. The Maximum Special Tax levied on such Assessor’s Parcel shall be the sum of the Maximum Special Tax that can be imposed on all Tax Classes located on that Assessor’s Parcel.

D. METHOD OF APPORTIONMENT OF SPECIAL TAX
Commencing with Fiscal Year 2007-2008, and for each subsequent Fiscal Year, the Special Tax shall be levied on each Assessor’s Parcel of Developed Property at the applicable Maximum Special Tax as set forth in Section C.

Exhibit B
E. TERMINATION OF SPECIAL TAX
The Special Tax shall be levied in perpetuity to fund Public Services provided to CFD No. 2007-1.

F. EXEMPTIONS
The City shall classify as Exempt Property: (i) Public Property, (ii) Non-Residential Property, (iii) Undeveloped Property, (iv) Affordable Housing, or (v) Assessor’s Parcels with public or utility easements making impractical their utilization for other purposes than those set forth in the easement.

G. APPEALS
Any property owner claiming that the amount or application of the Special Tax is not correct may file a written notice of appeal with the City Council not later than twelve months after having paid the first installment of the Special Tax that is disputed. A representative(s) of CFD No. 2007-1 shall promptly review the appeal, and if necessary, meet with the property owner, consider written and oral evidence regarding the amount of the Special Tax, and rule on the appeal. If the representative’s decision requires that the Special Tax for an Assessor’s Parcel be modified or changed in favor of the property owner, a cash refund shall not be made, but an adjustment shall be made to the Special Tax on that Assessor’s Parcel in the subsequent Fiscal Year(s).

H. MANNER OF COLLECTION
The annual Special Taxes shall be collected in the same manner and at the same time as ordinary ad valorem property taxes, provided, however, that CFD No. 2007-1 may collect the Special Taxes at a different time or in a different manner if necessary to meet its financial obligations.

ATTACHMENT B
RESOLUTION CC 2025-29

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COVINA,

CALIFORNIA, ADOPTING BOUNDARY MAP SHOWING TERRITORY

PROPOSED TO BE ANNEXED IN THE FUTURE TO COMMUNITY
FACILITIES DISTRICT NO. 2007-1 (PUBLIC SERVICES)
WHEREAS, the City Council of the City of Covina, California, (hereafter referred to as the “City Council”), formed a Community Facilities District, designated as Community Facilities District No. 2007-1 (Public Services) (“CFD No. 2007-1”), pursuant to the terms and provisions of the “Mello-Roos Community Facilities Act of 1982”, being Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code of the State of California, as amended (the “Act”); and WHEREAS, the City Council desires to initiate proceedings to annex certain territory to CFD No. 2007-1; and
WHEREAS, there has been submitted a map showing the territory proposed to be annexed to CFD No. 2007-1, said area to be designated as Community Facilities District No. 2007-1 (Public Services), Annexation No. 37 (hereafter referred to as “Annexation No. 37”).

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

SECTION 1. Recitals. The above recitals are all true and correct.

SECTION 2. Annexation Map. The map showing Annexation No. 37 to be subject to the levy of a special tax upon the annexation of such territory to CFD No. 2007-1 is hereby approved and adopted. Such map is designated by the name of “Annexation Map No. 37 of Community Facilities District No. 2007-1 (Public Services), City of Covina, County of Los Angeles, State of California.”
SECTION 3. Certificate. A certificate shall be endorsed on the original and on at least one (1) copy of the map of Annexation No. 37, evidencing the date and adoption of this Resolution, and within fifteen days after the adoption of the Resolution of Intention fixing the time and place of the Public Hearing to annex Annexation No. 37 to CFD No. 2007-1, a copy of said map shall be filed with the correct and proper endorsements thereon with the Los Angeles County Recorder, all in the manner and form provided for in Section 3111 of the Streets and Highways Code of the State California.

SECTION 4. The City Clerk shall certify to the passage and adoption of this resolution and shall enter the same in the Book of Original Resolutions.

APPROVED and PASSED this 15th day of April, 2025.

Resolution CC 2025-29 Page 2 of 2
City of Covina, California
BY:

VICTOR LINARES, Mayor
ATTEST:
___________________________________________
FABIAN VELEZ, Chief Deputy City Clerk

CERTIFICATION
I, Fabian Velez, Chief Deputy City Clerk of the City of Covina, do hereby certify that Resolution CC 2025-29 was duly adopted by the City Council of the City of Covina at a regular meeting held on the 15th day of April, 2025 by the following vote:

AYES: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:

Dated:
____________________________________________
FABIAN VELEZ, Chief Deputy City Clerk

CC Regular Meeting

AGENDA ITEM REPORT
ITEM NO. CC 9
Meeting: April 15, 2025
Title: Adopt Resolution Proclaiming April 22, 2025 as Earth Day in the City of Covina Presented by: Chris Marcarello, City Manager
Angel Carrillo, Deputy City Manager
Recommendation: Adopt Resolution CC 2025-30 proclaiming April 22, 2025, as Earth Day in the City of Covina.

BACKGROUND:

April 22, 2025, marks the 55th anniversary of Earth Day, an event designed to inspire awareness of and appreciation for the Earth’s environment and the impact of human activities on the planet. Earth Day was founded by U.S. Senator Gaylord Nelson as an environmental teach-in in 1970 and is celebrated annually in the United States and abroad. Approximately 20 million Americans participated in the first Earth Day event.

Earth Day events continue to educate the public about environmental issues such as water quality and conservation, air quality, energy, natural resources and pollution. Proclaiming April 22, 2025, Earth Day in the City of Covina reminds residents, businesses, staff of the importance of a sound environment and highlights measures that can be taken to protect the Earth’s resources.

FISCAL IMPACT:

None.

CEQA (CALIFORNIA ENVIRONMENTAL QUALITY ACT):

Not applicable.

Respectfully submitted,

ATTACHMENT A
RESOLUTION CC 2025-30

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COVINA, CALIFORNIA, PROCLAIMING APRIL 22, 2025 AS EARTH DAY IN THE

CITY OF COVINA
WHEREAS, Earth Day began in 1970 as an annual event to be held on April 22 in order to focus public attention on pollution and environmental concerns; and WHEREAS, April 22, 2025, marks the 55th anniversary of Earth Day; and WHEREAS, Earth Day is an example of community partnership which focuses on activities and events promoting environmental awareness and education that are held to communicate with a wide audience in the greater Los Angeles area; and WHEREAS, cities and counties have many critical environmental responsibilities, which include management of water, stormwater, air quality, solid waste and liquid waste for present and future generations; and
WHEREAS, the separation of recyclables and organic waste plays a critical role in reducing landfill waste, conserving natural resources, and lowering greenhouse gas emissions; and WHEREAS, the City of Covina is committed to sustainability and environmental stewardship through initiatives that promote waste reduction, recycling, and the proper management of organic materials; and
WHEREAS, the City of Covina considers every day Earth Day and has long promoted environmental awareness and natural resource management, and continues to support activities that protect the environment as demonstrated by its City-Wide Recycling Program; Used Oil Recycling Program; and giveaway of backyard composting bins and kitchen scrap compost containers to workshop participants; programs to promote ridesharing, public transportation and alternative transportation, such as biking; and operation of a Compressed Natural Gas fueling station; and
WHEREAS, the City of Covina applauds and encourages the efforts of its employees, businesses and residents to take individual actions that in the aggregate contribute to an improved environment for the benefit of all.

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

SECTION 1. That April 22, 2025 is proclaimed to be “Earth Day” in the City of Covina.

SECTION 2. The City Clerk shall certify the passage and adoption of this resolution and shall enter the same in the Book of Original Resolutions.

APPROVED and PASSED this 15
th day of April, 2025.

Resolution CC 2025-30 Page 2 of 2
City of Covina, California
BY:

VICTOR LINARES, Mayor
ATTEST:
______________________________________
FABIAN VELEZ, Chief Deputy City Clerk

CERTIFICATION
I, Fabian Velez, Chief Deputy City Clerk of the City of Covina, do hereby certify that Resolution CC 2025-30 was duly adopted by the City Council of the City of Covina at a regular meeting held on the 15th day of April, 2025 by the following vote:

AYES: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:

Dated:
__________________________________________
FABIAN VELEZ, Chief Deputy City Clerk

CC Regular Meeting

AGENDA ITEM REPORT
ITEM NO. PH 1
Meeting: April 15, 2025
Title: Public Hearing on City Vacancies and Recruitment and Retention Efforts (Assembly Bill 2561/Government Code Section 3502.3)
Presented by: Joanna Espinosa, Human Resources Manager
Recommendation: 1. City Council to open the public hearing and consider public testimony at which the City will report on workforce vacancies, and recruitment and retention efforts and the City's recognized employee organizations will be provided an opportunity to make a presentation on such subjects (Procedures for the Public Hearing on City Vacancies and Recruitment and Retention Efforts are attached hereto as Attachment “A.”); and

2. Receive and File a staff report on the City’s workforce vacancies, and recruitment and retention efforts in compliance with Assembly Bill (“AB”) 2561. (Gov. Code § 3502.3.).

EXECUTIVE SUMMARY:

AB 2561 requires public agencies, including the City of Covina, to hold at least one (1) public hearing per fiscal year to discuss vacancies and recruitment and retention efforts. This report discusses the City’s legal obligations under the new law, which took effect January 1, 2025.

BACKGROUND:

AB 2561 was introduced to address the issue of job vacancies in local government. The intent of the legislation was to highlight the adverse effects excessive vacancies cause to the delivery of public services and employee workload. Among other requirements, the bill mandates that public agencies present the status of vacancies and recruitment and retention efforts during a public hearing before the agency’s governing body at least once per fiscal year. The bill was enacted into law and is codified at Government Code section 3502.3. The new law took effect January 1, 2025.

DISCUSSION:

In compliance with the new legal obligations, the City is required to do the following:

1. Public Hearing: At least once each fiscal year, at a public hearing before the City Council, the City shall present information regarding the status of vacancies and recruitment and retention efforts (Gov. Code § 3502.3(a)(1)) and identify any necessary changes to policies, procedures, and recruitment activities that may lead to obstacles in the hiring process (Gov. Code § 3502.3(a)(3)).

If the City Council adopts an annual or multiyear budget during the fiscal year, this presentation must occur prior to the City Council’s adoption of the final budget for the City. (Gov. Code § 3502.3(a)(2).)

2. Employee Organization Participation: Allow the recognized employee organization for each bargaining unit at the City to make presentations during the public hearing concerning vacancies and recruitment and retention efforts. There are five (5) bargaining units at the City of Covina. (Gov. Code § 3502.3(b).)

3. Additional Reporting for High Vacancy Rates: If vacancies within a single bargaining unit meet or exceed 20% of authorized full-time positions in that bargaining unit, upon request of the recognized employee

organization for that bargaining unit, the City must provide additional information during the public hearing, including the following: (1) the total number of vacancies; (2) the number of applicants; (3) the average time to fill positions; and (4) opportunities to improve compensation and working conditions for employees in the bargaining unit. (Gov. Code § 3502.3(c).) Procedures for the Public Hearing on the City’s Vacancies and Recruitment and Retention Efforts:

The Procedures for the Public Hearing on the City’s Vacancies and Recruitment and Retention Efforts (“Procedures”) establish protocol for the City’s public hearings on vacancies in order to ensure a fair, orderly and efficient hearing process.

The Procedures set forth specific requirements concerning matters such as the provision of notice to recognized employee organizations regarding the public hearing and their right to make a presentation at the hearing, the length and order of the City’s and the employee organizations’ presentations, and the standards of discourse during the public hearing.

Findings of Report
The City’s analysis of its vacancies is based on the most recent calendar year, concluding December 31, 2024.

The data shows the following for 2024:

City-Wide Positions
 Total Budgeted Authorized Full-Time Positions: 188
 Total Vacancies: 30
 Total Percentage of Vacancies: 3.9%
Positions by Bargaining Unit
Unit # of Vacancies % of Vacancies
AFSCME 2 4.4%
PAC 5 6.7%
PSC 0 0%
PMG 0 0%
Mgt/Unaffiliated 2 4.7%
Recruitment Process
The City’s recruitment and selection process is largely governed by the Personnel Rules of the City of Covina, as set forth in Section 2.36.40 of the Municipal Code. The Rules are intended to provide an equitable and uniform process to attract the best and most competent individuals to the municipal service, and ensure appointments and promotions are conducted based on merit and fitness. Most employees hired serve a one-year probationary period, and are evaluated annually thereafter to ensure job performance standards are upheld and maintained.

The recruitment and selection process is highly-structured and multi-faceted to ensure that the highest standards of knowledge, skill, and ability are applied to the competitive hiring process. The City of Covina is a highlysought employer of choice, and thus experiences large applicant pools for each opening.

Upon the creation of a vacancy, the operating department processes a personnel requisition, in which the department works with Human Resources to determine the appropriate recruitment strategy. A job posting is prepared (and often customized to the specific need) based on the approve class specification for the position.

Human Resources performs appropriate advertising via websites, social media and other methods of outreach.

Once the application filing period is closed, Human Resources screens the application based on the stated minimum qualifications, which can be challenging for large candidate pools. Once that process is complete, Human Resources works with the operating department on the various testing procedures which may include written, performance, practical and oral interview exams, or any combination thereof. For those candidates successful in passing all components of the selection process, their names are placed on an eligibility list, based on exam scoring criteria and ranked. For each opening, the top three (3) names on the eligibility list are provided to the operating department to conduct their final selection interviews. The department may select any of the three candidates, regardless of their rank on the list.

Once the department makes a conditional job offer, Human Resources conducts reference checks (and other background procedures) and arranges for the pre-employment physical to ensure that the candidates are physically and medically fit to perform the job. Once that process is cleared, a start date is scheduled at the first available opportunity and the new employee is onboarded.

Due to the many steps involved, the recruitment and hiring process can be quite lengthy, which certainly impacts efforts to reduce vacancies. Additionally, retention challenges contribute to vacancy issue.

Recruitment Information
Retention Information
Recruitment Statistics:
• Total # of Vacancies Filled During 2024 Calendar Year: 21 • # of Vacancies Filled by Existing Eligibility List/Ongoing Recruitment: 11 • Average # of Calendar Days to Fill Vacancies: 74
• # of Vacancies Filled by New External/Internal Recruitment: 4 • Average # of Calendar Days to Fill Vacancies: 107
• # of Vacancies Filled by New Internal Only Recruitment: 6 • Average # of Calendar Days to Fill Vacancies: 85
Retention Statistics:
• Total # of Vacancies Created During 2024 Calendar Year: 30 • # of Vacancies Created by Newly Budgeted Positions: 1 • % of Vacancies Resulting From Staffing Growth: 3%
• # of Vacancies Created by Internal Promotion: 0
• # of Vacancies Created by Internal Transfer: 0
• % of Vacancies Resulting From Internal Opportunity: 0% • # of Vacancies Created by Retirement: 1
• # of Vacancies Created by Involuntary Separation: 1
• % of Vacancies Resulting From Attrition: 7%
• # of Vacancies Created by Voluntary Separation: 27
• % of Vacancies Resulting From Turnover: 90%
• Annual Staffing Turnover Rate: 14%

Ongoing Challenges
The City reviewed applicable policies, procedures, and recruitment activities to identify any potential obstacles and challenges in the City’s hiring process, as well as retention issues. Proposed solutions are provided.

Issue #1: Labor Market Competitiveness
Problem: Maintaining a competitive position in the relevant labor market, in relation to compensation and benefits, remains an ongoing challenge. Neighboring jurisdictions all compete to provide enhanced pay, benefits and other inducements to attract quality candidates.

Solutions: The City’s recent collective bargaining agreements provide competitive multi-year COLA adjustments and other enhancements, including a commitment to be in the 60th percentile of the relevant labor market (for 2024) and 65th percentile (for 2026) for total compensation. Additionally, the City Manager has committed to engage with the bargaining units on an ongoing basis to examine recruitment/retention issues and discuss further efforts to enhance competitiveness.

Issue #2: Police Recruitment Challenges
Problem: Recruiting for public safety in California has become a particular challenge for all government entities statewide. Generational changes and other factors are leading fewer individuals into careers in law enforcement.

There is an intense level of competition for a dwindling pool of eligible candidates.

Solutions: Similar to the above, the 2024 collective bargaining agreement provided multi-year COLA adjustments and other efforts to retain experienced officers. Additionally, the City Manager has engaged this group in dialog on particular matters relating to leave issues and medical costs. In February, the City Council approved a Police Officer hiring bonus program to attract new and lateral officers to Covina. Additionally, the City established a Police Corporal classification to provide front-line leadership and promotional opportunities in an effort to retain veteran officers and provide promotional opportunities. The first appointments to Corporal were made in March 2025.

Issue #3: Hiring Process Is Lengthy and Cumbersome
Problem: As illustrated above, the City hiring process can be quite extensive and lengthy, which may cause the City to lose good candidates and exacerbates the vacancy problem.

Solutions: Staff is looking to streamline the hiring process and exploring multiple exam components into one day or session. Additionally, Human Resources has been down a position, and will be filling a new Analyst position, who will be assisting with the recruitment function.

All of the efforts listed will be part of an ongoing focus on internal customer service and providing an enhanced effort on reducing vacancies.

FISCAL IMPACT:

There is no direct fiscal impact associated with conducting the public hearing required under Government Code section 3205.3. However, addressing recruitment and retention issues may involve future budget and bargaining considerations, which will be presented to the City Council as necessary.

RECOMMENDATION:

Not applicable.

Respectfully submitted,

ATTACHMENT A

PUBLIC HEARING PROCEDURES
FOR THE PUBLIC HEARING REGARDING AB 2561
Notice Requirements:

1. The City notified in writing each recognized employee organization that represents City employees of the date, time and place of the hearing at least ten (10) working days in advance of the hearing.

In the notice, the City inquired whether the employee organization intends to make a presentation to the City Council at the public hearing. The City requested that, for planning purposes, the employee organization provides written notice to the Human Resources Department at least five (5) working days in advance of the public hearing indicating whether the employee organization intends to make a presentation at the public hearing.

The notice also included information about the amount of time that the City Council has allotted to employee organizations for each bargaining unit that the organization represents for purpose of making a presentation at the public hearing.

2. In the event the vacancy rate for the bargaining unit is at least 20% of the total number of authorized full-time positions in the bargaining unit, an employee organization may request that the City present “additional information” related to the vacancies as permitted by Government Code section 3502.3.

3. Notice of the hearing to the public was provided in accordance with the Ralph M. Brown Act. (Gov. Code §§ 54950-54963.)

4. A City staff report regarding vacancies and recruitment and retention efforts may be published as part of the agenda packet for the meeting.

5. The City and recognized employee organizations may agree to exchange presentation materials in advance of the public hearing.

Order of the Hearing:

The public hearing will proceed in the following order:

1. City Presentation: The City presentation will be limited to ten (10) minutes for each bargaining unit that it represents. The City may choose to present on all bargaining units at once, or to present data for each bargaining unit separately followed by each applicable employee organization presentation.

2. Employee Organization Presentation: Following the agency presentation, each employee organization will have the opportunity to make a presentation for each of the bargaining units that the employee organization represents. For each bargaining unit, the employee organization presentation will be limited to ten (10) minutes and should not contain bargaining proposals to the City on matters that have not been presented in bargaining.

3. Governing Body Questions and Discussion: The City Council may ask questions of the City and the employee organization presenters.

4. Final Comments: City Council will be provided an opportunity for final comments with each bargaining unit.

5. Final Employee Organization Comments: Final employee organization comments will be limited to three (3) minutes per bargaining unit.

6. Public Comment: Public comment regarding the AB 2561 hearing will be in accordance with city council procedures.

CC Regular Meeting

AGENDA ITEM REPORT
ITEM NO. NB 2
Meeting: April 15, 2025
Title: Creation of City Council Ad-Hoc Committee to Review City Council Procedural Guidelines and Policies
Presented by: Chris Marcarello, City Manager
Recommendation: That the City Council authorize the formation of an Ad-Hoc Committee to review City Council Procedural Guidelines and Policies and appoint two Council Members to serve on the committee.

EXECUTIVE SUMMARY/BACKGROUND:

City Council procedural guidelines were last updated and adopted at the August 16, 2022, City Council meeting.

These included updates to policies which included Board, Committee, and Commission Protocols; Code of Conduct; and other City Council policies. It is recommended that the City Council consider further action to create an Ad-Hoc Committee consisting of two Council Members and/or provide additional direction. Following its review of procedural guidelines and policies, the Committee would forward recommendations, if any, to the full City Council for consideration.

FISCAL IMPACT:

None.

CEQA (CALIFORNIA ENVIRONMENTAL QUALITY ACT):

Not applicable.

Respectfully submitted,