Agenda packet — Dublin City Council, August 16, 2022 (part 1 of 2)

August 16, 2022 Dublin City Council Regular Meeting Agenda 1

COUNCILMEMBERS City Council Chamber
Melissa Hernandez, Mayor Dublin Civic Center
Jean Josey, Vice Mayor 100 Civic Plaza
Shawn Kumagai, Councilmember Dublin, CA 94568
Dr. Sherry Hu, Councilmember www.dublin.ca.gov
Michael McCorriston, Councilmember

Regular Meeting of the

DUBLIN CITY COUNCIL

Tuesday, August 16, 2022 Location: City Council Chamber 100 Civic Plaza
Dublin, CA 94568

CLOSED SESSION 6:00 PM
REGULAR MEETING 7:00 PM

Pursuant to AB 361, the City is authorized to hold public meetings via teleconferencing and to make public meetings accessible telephonically or otherwise electronically to all members of the public, without making available any physical location for the public.

Additional Meeting Procedures Available During the COVID-19 Pandemic

This City Council meeting will be broadcast live on Comcast T.V. channel 28 beginning at 7:00 p.m. This meeting will also be livestreamed at www.tv30.org and on the City’s website at: https://dublin.ca.gov/ccmeetings

Members of the public who wish to participate in the meeting electronically have the option of giving public comment via Zoom, subject to the following procedures:

 Fill out an online speaker slip available at www.dublin.ca.gov. The speaker slip will be made available at 10:00 a.m. on Tuesday, August 16, 2022. Upon submission, you will receive Zoom link information from the City Clerk. Speakers slips will be accepted until the public comment period ends, or until the public comment period on non-agenda items is closed.

 Once connected to the Zoom platform using the Zoom link information from the City Clerk, the public speaker will be added to the Zoom webinar as an attendee and muted. The speaker will be able to observe the meeting from the Zoom platform.

 When the agenda item upon which the individual would like to comment is addressed, the City Clerk will announce the speaker in the meeting when it is their time to give public comment. The speaker will then be unmuted to give public comment via Zoom.
1 August 16, 2022 Dublin City Council Regular Meeting Agenda 2

CLOSED SESSION 6:00 PM

I. CONFERENCE WITH LEGAL COUNSEL—ANTICIPATED LITIGATION Initiation of litigation pursuant to paragraph (4) of subdivision (d) of Section 54956.9: 1 case.

II. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Property: APN 985-27-2 and APN 905-1-6-3
Agency Negotiator: City Manager
Negotiating Parties: GH PacVest LLC
Under Negotiation: Price and terms of payment

III. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Property: APN 901-1-5-2
Agency Negotiator: City Manager
Negotiating Parties: Milton Righetti and Gloria Righetti Under Negotiation: Price and terms of payment

IV. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Property: APN 905- 1-1-2 and APN 905-1-3-2
Agency Negotiator: City Manager
Negotiating Parties: Livbor Manning LLC
Under Negotiation: Price and terms of payment

V. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Property: APN 905-1-4-4
Agency Negotiator: City Manager
Negotiating Parties: Bex Development LLC
Under Negotiation: Price and terms of payment

VI. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Property: APN 905-1-4-3
Agency Negotiator: City Manager
Negotiating Parties: Town and County H Fund LLC and CHMH Dublin LLC Under Negotiation: Price and terms of payment

REGULAR MEETING 7:00 PM

1. CALL TO ORDER

2. PLEDGE OF ALLEGIANCE

2 August 16, 2022 Dublin City Council Regular Meeting Agenda 3

3. ORAL COMMUNICATIONS

3.1 Presentation of a Resolution from Assemblymember Bauer-Kahan Recognizing the City of Dublin's 40th Anniversary
The City Council will receive a resolution from Assemblymember Rebecca Bauer-Kahan in recognition of the City of Dublin's 40th Anniversary.

STAFF RECOMMENDATION:

Receive the resolution.

3.2 Employee Introduction
New City of Dublin Staff member, Jason Earl, Senior Management Analyst in the Community Development Department, will be introduced.

STAFF RECOMMENDATION:

Welcome the new City of Dublin Staff member.

Staff Report

3.3 Presentation of American Muslim Appreciation and Awareness Month Proclamation The City Council will present the American Muslim Appreciation and Awareness Month proclamation.

STAFF RECOMMENDATION:

Present the proclamation.

Staff Report
Attachment 1 - American Muslim Appreciation and Awareness Month Proclamation

3.4 Public Comment
At this time, the public is permitted to address the City Council on non-agendized items. Please step to the podium and clearly state your name for the record. COMMENTS SHOULD NOT EXCEED THREE (3) MINUTES. In accordance with State Law, no action or discussion may take place on any item not appearing on the posted agenda. The Council may respond to statements made or questions asked, or may request Staff to report back at a future meeting concerning the matter. Any member of the public may contact the City Clerk’s Office related to the proper procedure to place an item on a f uture City Council agenda. The exceptions under which the City Council MAY discuss and/or take action on items not appearing on the agenda are contained in Government Code Section 54954.2(b)(1)(2)(3).

4. CONSENT CALENDAR
Consent Calendar items are typically non-controversial in nature and are considered for approval by the City Council with one single action. Members of the audience, Staff or the City Council who would like an item removed from the Consent Calendar for purposes of public input may request the Mayor to remove the item.

4.1 Approval of the July 19, 2022 Regular City Council Meeting Minutes The City Council will consider approval of the minutes of the July 19, 2022 Regular City Council Meeting.

STAFF RECOMMENDATION:

Approve the minutes of the July 19, 2022 Regular City Council Meeting.

Staff Report
Attachment 1 - July 19, 2022 Regular City Council Meeting Minutes

3 August 16, 2022 Dublin City Council Regular Meeting Agenda 4

4.2 Review of Two-Year Strategic Plan Accomplishments
The City Council will receive the final status update for the City’s 2020-2022 Strategic Plan.

STAFF RECOMMENDATION:

Receive the report.

Staff Report

4.3 City Proclamations for the Month of September
The City Council will consider the following proclamations for the month of September in the City of Dublin: Alcohol and Drug Addiction Recovery Month, Wilderness Month, Childhood Cancer Awareness Month, Childhood Obesity Awareness Month, Hispanic Heritage Month, Ovarian Cancer Awareness Month, Preparedness Month, Prostate Cancer Awareness Month, and Suicide Prevention Awareness Month.

STAFF RECOMMENDATION:

Approve the proclamations.

Staff Report
Attachment 1 - Alcohol Drug and Addiction Recovery Month Proclamation Attachment 2 - Wilderness Month Proclamation
Attachment 3 - Childhood Cancer Awareness Month Proclamation Attachment 4 - Childhood Obesity Awareness Month Proclamation Attachment 5 - Hispanic Heritage Month Proclamation
Attachment 6 - Ovarian Cancer Awareness Month Proclamation Attachment 7 - Preparedness Month Proclamation
Attachment 8 - Prostate Cancer Awareness Month Proclamation Attachment 9 - Suicide Prevention Awareness Month Proclamation

4.4 Zoning Ordinance Amendments for Outdoor Seating (PLPA-2022-00020) On July 19, 2022, the City Council considered City-initiated amendments to the Zoning Ordinance to continue to facilitate outdoor seating for eating and drinking establishments on a long-term temporary basis to aid in the economic recovery from the COVID-19 pandemic. Amendments are proposed to Dublin Municipal Code Section 8.12.050 (Permitted and Conditionally Permitted Land Uses), Section 8.76.080 (Parking Requirements by Use Type), and Section 8.108.020 (Uses Permitted with a Temporary Use Permit). The City Council waived the first reading and introduced the Ordinance amending the Zoning Ordinance. The City Council is now requested to hold a second reading of the proposed Ordinance.

STAFF RECOMMENDATION:

Waive the second reading and adopt the Ordinance Approving Amendments to Dublin Municipal Code Section 8.12.050 (Permitted and Conditionally Permitted Land Uses), Section 8.76.080 (Parking Requirements by Use Type), and Section 8.108.020 (Uses Permitted with a Temporary Use Permit).

Staff Report
Attachment 1 - Ordinance Approving Amendments to Dublin Municipal Code Section

8.12.050, Section 8.76.080, and Section 8.108.020 Effective City-wide Attachment 2 - City Council Staff Report, Dated July 19, 2022, Without Attachments

4 August 16, 2022 Dublin City Council Regular Meeting Agenda 5

4.5 Authorizing Remote Meetings of City Council and City Commissions Due to Increase in COVID-19 Cases
From March 2020 through September 2021, the City conducted meetings of its legislative bodies remotely pursuant to various executive orders that suspended certain Brown Act provisions. In October 2021, the City returned to in-person meetings and the Brown Act was amended to allow for teleconferencing during a state of emergency. Under the new law, AB 361, the City can continue to conduct virtual meetings where the Governor has proclaimed a State of Emergency, or state or local health officials have imposed or recommended social distancing, if the City Council makes certain required findings.

From January 11 – February 10, 2022, and since May 3, 2022, the City Council has operated under a resolution pursuant to AB 361 authorizing teleconferenced meetings for at least 30 days. The City Council will consider adopting a resolution that would allow for virtual attendance for the next 30 days.

STAFF RECOMMENDATION:

Adopt the Resolution Finding That There is a Proclaimed State of Emergency; Finding That Meeting in Person Would Present Imminent Risks to the Health or Safety of Attendees as a Result of the State of Emergency; and Authorizing Remote Teleconferenced Meetings of the Legislative Bodies of the City of Dublin Pursuant to AB 361.

Staff Report
Attachment 1 - Resolution Finding That There is a Proclaimed State of Emergency; Finding That Meeting in Person Would Present Imminent Risks to the Health or Safety of Attendees as a Result of the State of Emergency; and Authorizing Remote Teleconferenced Meetings of the Legislative Bodies of the City of Dublin Pursuant to AB 361.

4.6 City Treasurer's Informational Report of Investments for the Quarter Ending June 30, 2022
The City Council will receive an informational report of the City’s investments through the quarter ending June 30, 2022 including a monthly transaction ledger. The City’s investment portfolio for this period totaled $378,308,853 (market value) with an average market yield of 2.48%. As required by the Policy, the City Treasurer (Administrative Services Director) affirms that the City is able to meet its expenditure requirements for the next six months.

STAFF RECOMMENDATION:

Receive the report of investments for the quarter ending June 30, 2022.

Staff Report
Attachment 1 - City of Dublin Investment Report for Period Ending June 30, 2022 Attachment 2 - Transaction Ledger - April through June 2022

4.7 Dublin Transit Center Parking Garage Public Art Project The City Council will receive a report on the public art project planned for the Dublin Transit Center Parking Garage being constructed by Alameda County.

STAFF RECOMMENDATION:

Receive the report.

Staff Report

5 August 16, 2022 Dublin City Council Regular Meeting Agenda 6

4.8 First Amendment to the Agreement with All City Management Services Inc.

The City Council will consider approving an amendment to the agreement with All City Management Inc. to pay for additional crossing guard services rendered in Fiscal Year 2021-22.

STAFF RECOMMENDATION:

Adopt the Resolution Approving Amendment #1 to the Agreement with All City Management Services Inc. for Crossing Guard Services.

Staff Report
Attachment 1 - Resolution Approving Amendment #1 to the Agreement with All City Management Services Inc. for Crossing Guard Services
Attachment 2 - Exhibit A to the Resolution - Amendment #1 to the Contractor Services Agreement Between the City of Dublin and All City Management Services Inc.

Attachment 3 – Contractor Services Agreement with All City Management Services Inc. for Crossing Guard Services

5. WRITTEN COMMUNICATION – None.

6. PUBLIC HEARING

6.1 Dublin Districts—Public Hearing 5: Final Map Selection, Introduction of Ordinance Amending Chapter 2.32 of the Dublin Municipal Code Establishing a District-Based Election System
The City Council will hold a Public Hearing to give the community an opportunity to provide feedback regarding the boundaries and composition of the Final Map. The City Council will then review and select a Final Map, and introduce an Ordinance Amending Chapter 2.32 of the Dublin Municipal Code Establishing a District-Based Election System.

At the February 15, 2022 meeting, the City Council adopted a Resolution Declaring its Intention to Transition From an At-Large Election System to a District-Based Election System. Under California Elections Code, the City must hold a series of Public Hearings to allow the community to provide input on the composition of districts and communities of interest as well as the potential district boundaries, draft maps, and sequence of elections. Maps considered at this
meeting must have been published at least seven days
before the Public Hearing.

STAFF RECOMMENDATION:

Receive the presentation, conduct the Public Hearing to receive input, review and select a Final Map, and waive the reading and INTRODUCE the Ordinance Amending Chapter 2.32 of the Dublin Municipal Code Establishing a District-Based Election System.

Staff Report
Attachment 1 - Ordinance Amending Chapter 2.32 of the Dublin Municipal Code Establishing a District-Based Election System
Attachment 2 - Resolution Adopting the City of Dublin Official District Map Attachment 3 - Maps 112 and 112B
Item 6.1 PowerPoint Presentation
6 August 16, 2022 Dublin City Council Regular Meeting Agenda 7

7. UNFINISHED BUSINESS

7.1 Bicycle and Pedestrian Plan Update
The City Council will receive an update on the draft Bicycle and Pedestrian Plan, which updates and replaces the City’s 2014 Bicycle and Pedestrian Master Plan and will inform future infrastructure and program and policy recommendations.

STAFF RECOMMENDATION:

Receive the report on the draft Bicycle and Pedestrian Plan update and provide feedback.

Staff Report
Attachment 1 - Draft Bicycle and Pedestrian Plan
Attachment 2 - Draft Bicycle and Pedestrian Plan Supplemental Design Guidance Item 7.1 PowerPoint Presentation

7.2 Update on the Dublin Boulevard Extension Project
The City Council will receive an update on the Dublin Boulevard Extension Project. The City of Dublin, in cooperation with the City of Livermore, Alameda County Transportation Commission, and Alameda County, proposes to extend Dublin Boulevard approximately

1.5 miles eastward through unincorporated Alameda County and connect to North Canyons Parkway in Livermore, from its current terminus at Fallon Road. The extension is planned to have four to six travel lanes, a Class I trail on the north side, buffered bike lanes, sidewalks, traffic signals, streetlights, utilities, and landscaping.

STAFF RECOMMENDATION:

Receive report on the Dublin Boulevard Extension project and provide feedback.

Staff Report
Attachment 1 - Project Location and Alignment
Attachment 2 - Right-of-Way Acquisition Properties in the City of Dublin Item 7.2 PowerPoint Presentation

8. NEW BUSINESS

8.1 Review of Childcare in Downtown Dublin
The City Council will receive a report reviewing childcare within the City and in the Downtown. This item is in response to an Item 9 request by the City Council for information regarding childcare, particularly for those families living in affordable units in the Downtown area.

STAFF RECOMMENDATION:

Receive the report.

Staff Report
Item 8.1 PowerPoint Presentation

8.2 Designation of Voting Delegates for the 2022 National League of Cities City Summit The City Council will consider appointing a voting delegate, and up to two alternates, to attend and vote on the City’s behalf at the National League of Cities City Summit in November 2022.

STAFF RECOMMENDATION:

Discuss the item and appoint a voting delegate, and up to two alternates, to attend and vote, on the City’s behalf, at the National League of Cities City Summit in November 2022.

Staff Report
Attachment 1 - NLC By-Laws
7 August 16, 2022 Dublin City Council Regular Meeting Agenda 8

9. OTHER BUSINESS
Brief information only reports from City Council and/or Staff, including committee reports and reports by City Council related to meetings attended at City expense (AB1234).

10. ADJOURNMENT

This AGENDA is posted in accordance with Government Code Section 54954.2(a)

If requested, pursuant to Government Code Section 54953.2, this agenda shall be made available in appropriate alternative formats to persons with a disability, as required by Section 202 of the Americans with Disabilities Act of 1990 (42 U.S.C. Section 12132), and the federal rules and regulations adopted in implementation thereof. To make a request for disability- related modification or accommodation, please contact the City Clerk’s Office (925) 833-6650 at least 72 hours in advance of the meeting.

Mission

The City of Dublin promotes and supports a high quality of life, ensures a safe and secure environment, fosters new opportunities, provides equity across all programs, and champions a culture of diversity and inclusion.

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Agenda Item 3.2
DATE: August 16, 2022
TO: Honorable Mayor and City Councilmembers
FROM: Linda Smith, City Manager
SUBJECT: Employee Introduction
Prepared by: Sarah Monnastes, Human Resources Director
EXECUTIVE SUMMARY:

New City of Dublin Staff member, Jason Earl, Senior Management Analyst in the Community Development Department, will be introduced.

STAFF RECOMMENDATION:

Welcome the new City of Dublin Staff member.

FINANCIAL IMPACT:

None.

DESCRIPTION:

New City of Dublin Staff member, Jason Earl, Senior Administrative Analyst in the Community Development Department, will be introduced.

STRATEGIC PLAN INITIATIVE:

None.

NOTICING REQUIREMENTS/PUBLIC OUTREACH:

The City Council Agenda was posted.

ATTACHMENTS:

None.
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Agenda Item 3.3
DATE: August 16, 2022
TO: Honorable Mayor and City Councilmembers
FROM: Linda Smith, City Manager
SUBJECT: Presentation of American Muslim Appreciation and Awareness Month Proclamation
Prepared by: Cierra Fabrigas, Executive Aide
EXECUTIVE SUMMARY:

The City Council will present the American Muslim Appreciation and Awareness Month proclamation.

STAFF RECOMMENDATION:

Present the proclamation.

FINANCIAL IMPACT:

None.

DESCRIPTION:

At the July 19, 2022 meeting, as part of the Consent Calendar, the City Council approved the American Muslim Appreciation and Awareness Month Proclamation for the month of August 2022.

The City Council will present the proclamation to representatives of the American Muslim community.

STRATEGIC PLAN INITIATIVE:

None.

NOTICING REQUIREMENTS/PUBLIC OUTREACH:

The City Council Agenda was posted.
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ATTACHMENTS:
1) American Muslim Appreciation and Awareness Month Proclamation 11 Attachment 1

A PROCLAMATION OF THE CITY COUNCIL

CITY OF DUBLIN, CALIFORNIA
“American Muslim Appreciation and Awareness Month”
WHEREAS, Freedom of religion holds distinction as a cherished right and a fundamental value upon which the law and ethics of the United States are based; and
WHEREAS, the City of Dublin takes great pride in supporting individual religious freedoms and is strengthened by contributions of its diverse population, including those Americans who practice Islam, and WHEREAS, the earliest Muslim immigrants mostly worked on farms and made significant contributions to early agricultural efforts and approximately one millio n Muslim Americans currently reside in communities throughout California, the highest number in the United States, and
WHEREAS, the citizens of the City of Dublin benefit from Muslim religious, charitable, educational and empowerment organizations that operate within the City, and
WHEREAS, members of the Dublin Muslim community have been strong advocates for equity and inclusion at the municipal and state levels of education and social programs that support all Dubliners, and WHEREAS, it is appropriate t o promote awareness of the many contributions of American Muslims in Dublin and across the nation and extend to them the respect every American deserves.

NOW, THEREFORE, BE IT RESOLVED that the Dublin City Council does hereby proclaim August 2022 as “American Muslim Appreciation and Awareness Month” in the City of Dublin and encourages all citizens DATED: July 19, 2022

Mayor Melissa Hernandez Vice Mayor Shawn Kumagai

Councilmember Sherry Hu Councilmember Jean Josey Councilmember Michael McCorriston 12 STAFF REPORT

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Agenda Item 4.1
EXECUTIVE SUMMARY:

The City Council will consider approval of the minutes of the July 19, 2022 Regular City Council Meeting.

STAFF RECOMMENDATION:

Approve the minutes of the July 19, 2022 Regular City Council Meeting.

FINANCIAL IMPACT:

None.

DESCRIPTION:

The City Council will consider approval of the minutes of the July 19, 2022 Regular City Council Meeting.

STRATEGIC PLAN INITIATIVE:

None.

NOTICING REQUIREMENTS/PUBLIC OUTREACH:

The City Council Agenda was posted.

ATTACHMENTS:
1) July 19, 2022 Regular City Council Meeting Minutes
DATE: August 16, 2022
TO: Honorable Mayor and City Councilmembers
FROM: Linda Smith, City Manager
SUBJECT: Approval of the July 19, 2022 Regular City Council Meeting Minutes Prepared by: Marsha Moore, MMC, City Clerk
13 MINUTES OF THE CITY COUNCIL

OF THE CITY OF DUBLIN
Regular Meeting: July 19, 2022

DUBLIN CITY COUNCIL MINUTES

REGULAR MEETING
July 19, 2022
The following are minutes of the actions taken by the City of Dublin City Council. A full video recording of the meeting with the agenda items indexed and time stamped is available on the City’s website at:https://dublin.ca.gov/ccmeetings
REGULAR MEETING 7:00 PM
A Regular Meeting of the Dublin City Council was held on Tuesday, July 19, 2022, in the City Council Chamber. The meeting was called to order at 7:00 PM., by Mayor Hernandez. 1) CALL TO ORDER
Attendee Name Status
Melissa Hernandez, Mayor Present
Jean Josey, Vice Mayor Present
Shawn Kumagai, Councilmember Present - via Zoom
Michael McCorriston, Councilmember Present
Dr. Sherry Hu, Councilmember Present - via Zoom (arrived at 7:06 p.m.) 2) PLEDGE OF ALLEGIANCE
3) ORAL COMMUNICATIONS

3.1) Employee Introductions
New City of Dublin Staff members, Sunmi Song with the Community Development Department, Maxwell Waechter and Debbie Bell with the Public Works Department, and Kevin Coffee with the Parks and Community Services Department, were introduced.

Golden Shao provided public comment.

3.2) Public Comment
Golden Shao provided public comment.
4) CONSENT CALENDAR

4.1) Approved the June 21, 2022 Regular City Council Meeting Minutes. 14 DUBLIN CITY COUNCIL MINUTES

REGULAR MEETING
July 19, 2022

4.2) Confirmed the recommended appointments of Councilmembers Hu and McCorriston as the 2022 Ad-Hoc Audit Review Committee.

4.3) Adopted Resolution No. 90-22 titled, “Approving A Contract Extension with Redwood Toxicology Laboratory, Inc. for the Provision of Toxicology Testing Services.” Item was pulled from the Consent Calendar.

Golden Shao provided public comment.

4.4) Adopted Resolution No. 91-22 titled, “Approving Project Funding Agreements with Alameda County Transportation Commission for Crosswalk Improvement Projects.”

4.5) Adopted Resolution No. 92-22 titled, “Approving a Second Amendment to the Contract Instructor Services Agreement with Squad Estates dba Skyhawks Tri-Valley East Bay for Recreation Services.”

4.6) Adopted Resolution No. 93-22 titled, “Finding That There is a Proclaimed State of Emergency; Finding that Meeting in Person would Present Imminent Risks to the Health or Safety of Attendees as a Result of the State of Emergency; and Authorizing Remote Teleconferenced Meetings of the Legislative Bodies of the City of Dublin Pursuant to AB 361.”

4.7) Adopted Resolution No. 94-22 titled, “Approving the Contract for Transfer and Performance of Mitigation Services, the Agreement Regarding Acquisition of Off-Site Mitigation Property to Accommodate Drainage Ditch Maintenance Obligations, and the Perpetual Conservation Easement Endowment Agreement for Eagle Ridge Preserve – East Property Mitigation Area.”
Item was pulled from the Consent Calendar.

Jeanine Gillengerten provided public comment.

4.8) Received a report of payments issued from June 1, 2022 - June 30, 2022 totaling $6,682,962.04.

4.9) Adopted Resolution No. 95-22 titled, “Summarily Vacating Unused Right-Of-Way on Campus Drive.”

4.10) Approved the following proclamations for the month of August in the City of Dublin:

National Night Out and American Muslim Appreciation and Awareness Month.

Item was pulled from the Consent Calendar by Councilmember Kumagai for comments.

4.11) Adopted Resolution No. 96-22 titled, “Approving the Third Amendment to Land Lease Between the City of Dublin and U.S. Bank National Association.” 15 DUBLIN CITY COUNCIL MINUTES

REGULAR MEETING
July 19, 2022

4.12) Adopted Resolution No. 97-22 titled, “Approving a Public Art Installation and Maintenance Agreement with Dublin Crossing, LLC., for Public Art at The Boulevard Development.”

4.13) Adopted Resolution No. 98-22 titled, “Authorizing the City Manager to Approve Contract Change Orders with American Asphalt Repair and Resurfacing Co., Inc. for the Fallon Sports Park Upper Terrace Parking Lot.”

4.14) Adopted Resolution No. 99-22 titled, “Approving an Amendment to the Agreement Between the City of Dublin and Wesco Graphics, Inc.”
On motion by Vice Mayor Josey, seconded by Councilmember McCorriston, and by unanimous vote, the City Council adopted the Consent Calendar items, except items 4.3, 4.7, and 4.10.

RESULT: ADOPTED [UNANIMOUS]
MOVED BY: Jean Josey, Vice Mayor
SECOND: Michael McCorriston, Councilmember
AYES: Hernandez, Josey, Kumagai, McCorriston, Hu
On motion by Vice Mayor Josey, seconded by Councilmember McCorriston, and by unanimous vote, the City Council adopted the remaining Consent Calendar items 4.3, 4.7, and 4.10.

RESULT: ADOPTED [UNANIMOUS]
MOVED BY: Jean Josey, Vice Mayor
SECOND: Michael McCorriston, Councilmember
AYES: Hernandez, Josey, Kumagai, McCorriston, Hu
5) WRITTEN COMMUNICATION - None.
6) PUBLIC HEARING

6.1) Zoning Ordinance Amendments for Outdoor Seating and Master Fee Schedule Amendments (PLPA-2022-00020)
The City Council received a presentation on City-initiated amendments to the Zoning Ordinance to continue to facilitate outdoor seating for eating and drinking establishments on a long-term temporary basis to aid in the economic recovery from the COVID-19 pandemic.

Mayor Hernandez opened the public hearing.

Upon receiving no public comment, Mayor Hernandez closed the public hearing.

On motion by Vice Mayor Josey, seconded by Mayor Hernandez, and by unanimous vote, the City Council waived the reading and introduced the Ordinance Approving Amendments to Dublin 16 DUBLIN CITY COUNCIL MINUTES

REGULAR MEETING
July 19, 2022
Municipal Code Section 8.12.050 (Permitted and Conditionally Permitted Land Uses), Section

8.76.080 (Parking Requirements by Use Type), and Section 8.108.020 (Uses Permitted with a Temporary Use Permit); and adopted Resolution No. 100-22 titled, “Amending the Master Fee Schedule by Extending the Application Fee for Temporary Use Permit – Temporary Outdoor Seating and Site Development Review Waiver – Permanent Outdoor Seating until September 30, 2023.”
RESULT: ADOPTED [UNANIMOUS]
MOVED BY: Jean Josey, Vice Mayor
SECOND: Melissa Hernandez, Mayor
AYES: Hernandez, Josey, Kumagai, McCorriston, Hu

6.2) Dublin Districts— Public Hearing 4: Draft Final District Map Review and Community Feedback Opportunity
The City Council held a Public Hearing to give the community an opportunity to provide feedback regarding the boundaries and composition of the Draft Final Maps.

Mayor Hernandez opened the public hearing.

Matthew Aini provided public comment.

Jennifer Situ provided public comment.

Jeanine Gillengerten provided public comment.

Tom Evans provided public comment.

Richard Li provided public comment.

Mayor Hernandez closed the Public Hearing.

Staff asked the City Council to identify their top three maps to start the conversation. The top three maps identified by the City Council were Map 112, the Green Map, and the Pink Map.

Mayor Hernandez called for a break at 9:03 p.m.

Mayor Hernandez reconvened the meeting at 9:12 p.m.

The City Council directed Staff to bring modifications to Districts 1 and 2 on Map 112 to keep the area between Village Parkway and the Iron Horse Trail and north of Amador Valley Road in the same District.

The City Council discussed the proposed and alternative election sequence for Map 112. By consensus, the City Council agreed on the proposed election sequence on Map 112 with Districts 1 and 3 on the ballot in 2024 and Districts 2 and 4 on the ballot in 2026. 17 DUBLIN CITY COUNCIL MINUTES

REGULAR MEETING
July 19, 2022
7) UNFINISHED BUSINESS – None.
8) NEW BUSINESS - None.
9) OTHER BUSINESS
The City Council and Staff provided brief information-only reports, including committee reports and reports by City Council related to meetings attended at City expense (AB1234). 10) ADJOURNMENT
Mayor Hernandez adjourned the meeting at 9:39 p.m.

Mayor
ATTEST:

City Clerk
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Agenda Item 4.2
DATE: August 16, 2022
TO: Honorable Mayor and City Councilmembers
FROM: Linda Smith, City Manager
SUBJECT: Review of Two-Year Strategic Plan Accomplishments Prepared by: John Stefanski, Assistant to the City Manager EXECUTIVE SUMMARY:

The City Council will receive the final status update for the City’s 2020-2022 Strategic Plan.

STAFF RECOMMENDATION:

Receive the report.

FINANCIAL IMPACT:

None.

DESCRIPTION:

The City Council adopted the City’s Two-Year Strategic Plan on May 5, 2020. This Plan sets the overall direction for the City, guiding resources and setting specific objectives to drive City action.

The Plan coincides with Fiscal Years 2020-21 and 2021-22.

This report represents the last of eight quarterly updates, covering the period of July 1, 2020 to June 30, 2022. Updates are categorized as follows:
- Complete— Staff was able to achieve the objective.
- Ongoing— Staff was able to make progress on the objective, however work will continue as some objectives are multi-year projects or do not have a definitive end. - Stalled— Staff was unable to make progress on the objective due to a given circumstance.

Updates for the strategies and objectives are provided below:
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Strategy 1: Implement the City’s Adopted Preferred Vision for Downtown Dublin.

Objective Update
A Make necessary land use
changes.

Complete. On July 21, 2020, the City Council adopted amendments to the Downtown Dublin Specific Plan land uses and maximum floor area ratio based on the Preferred Vision.

B Work with private
property owners on
acquisitions that result in
the creation of a future
town square.

Ongoing. City Council adopted a Memorandum of Understanding (MOU) with American Realty Advisors (ARA) in 2019 for the Dublin Place shopping center. Per the MOU, ARA intends to acquire additional parcels of the shopping center in order to work with the City on the siting of the town square.

During this time, ARA hired Hines to help them plan for future development, and they have selected Gensler as their design professional.

ARA has submitted a purchase offer to acquire the two parcels and has developed preliminary concepts to align with the Downtown Preferred Vision.

C Establish the proposed
street grid network,
including study of right-of-
way acquisition and the
appropriate funding
mechanism for
construction and
maintenance.

Ongoing. On July 21, 2020, the City Council adopted amendments to the Downtown Dublin Specific Plan to incorporate the street grid contemplated in the Preferred Vision.

The Downtown Action Team continues to evaluate the right-of-way acquisition, cross sections, and the appropriate funding mechanism for construction and maintenance.

In fall 2020, the City launched an update to the Citywide Traffic Model to analyze the impacts of the new street grid. Staff has worked with the traffic consultant on 2040 model runs for the new street grid network and determined that additional information was needed at critical intersections. New counts were collected to adjust traffic forecasts at the study intersections. The traffic consultant is currently working on revising the traffic analysis at the study intersections based on the revised forecasts.

In addition, progress has been made on the street cross section designs as part of the new street grid network looking at the Downtown Core area.

D Conduct a parking analysis
of the Transit Oriented
District and the Retail
District and proposed
changes.

Ongoing. CHS Consulting Group, through the City’s primary consultant Urban Field Studio, has started work on the parking analysis of the Retail and Transit Oriented Districts of the Downtown Dublin Specific Plan.

E Create certainty and
provide development
rights that result in
achieving the City Council’s
Preferred Vision.

Stalled. Staff will pursue this objective once Hines has been able to complete their master planning process.

F Develop implementation
measures for the adopted
Downtown Streetscape
Master Plan and updated
Ongoing. On November 17, 2020, the City Council adopted the Downtown Streetscape Master Plan.

Regional Street was resurfaced and restriped.
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Bike and Pedestrian Master
Plan for the next Capital
Improvement Program.

An existing condition, demographics, bicycle level of stress analysis, and prioritization framework was completed for the Bicycle and Pedestrian Master Plan. Staff presented the Bicycle and Pedestrian Update project to various community groups, at the Farmers’ Market, and through the City’s Social Media channels. Staff is now working on identifying prioritized locations for projects and developing recommendations and an implementation plan while still soliciting public input via the City website, social media, and the project website (https://dublinbikeped.org). The City Council will review a draft Bike and Pedestrian Master Plan in August 2022 with the final version being adopted later in Fall 2022.

G Market, in conjunction
with property owners, the
opportunity sites.

Ongoing. Recent examples of working with property owners include the repurposing of the vacant Hooter’s parcel, the repurposing of the vacant retail strip center into an affordable housing project with Eden Housing, the re-tenanting of the former OSH site with H Mart, the repurposing of the vacant BART parcel into an affordable housing project with BRIDGE Housing, and the re-tenanting of the former Fitness 2000 with ACE Hardware.

H Work with Downtown
property owners on
updating the CC&Rs to
facilitate retail transition.

Stalled. Staff has been working with the Dublin Plaza Retail Center property owners to amend their CC&Rs. A draft of the changes was shared with them for review. After further consideration by the property owners, they decided to pause on any amendments until they have more clarity on future development opportunities.

I Work with Downtown
property owners on
building/site
improvements.

Ongoing. Staff is currently working with Kimco Realty on the re-tenanting of the OSH site with H-Mart.

Staff continues to work with the Dublin Place Shopping Center property owners on an amendment to the Master Sign Program to rebrand and add new signage to the Center.

Avalon Bay processed a Building Permit application to construct the 499- unit St. Patrick Way project and related public improvements including the extension of St. Patrick Way to Regional Street.

BRIDGE Housing received Planning Commission approval on August 10, 2021, for a Site Development Review Permit to construct the 300-unit affordable project, known as Amador Station, on Golden Gate Drive adjacent to the West Dublin/Pleasanton BART Station. On September 7, 2021, the City Council approved the Community Benefit Agreement for the Amador Station project.

EDEN housing received Planning Commission approval on November 23, 2021, for a Site Development Review Permit to construct a 113-unit senior affordable housing project on Regional Street adjacent to the Avalon Bay project. On December 7, 2021, the City Council approved the Community Benefit Agreement for this project.

J Refine and provide
specificity on City
development goals in the
Complete. A memorandum was delivered to the City Manager. 21

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Downtown Plan and East
Transit Center Area Plan.

Strategy 2: Explore New City Revenue Streams for Long Term Financial Stability Objective Update
A Explore the feasibility of
increasing the City’s
current Transient
Occupancy Tax.

Stalled. Currently infeasible with COVID-19 impacts.

B Evaluate the establishment
of other fees and/or taxes
that could offset City costs
in providing services to the
community.

Ongoing. Staff established fees for:
- The new Adopt-A-Bench program, where a bench can be adopted in honor of a family member, friend, or organization.
- Remote (online) programs and classes, outdoor fitness classes, and the L.I.V.E n’ Rec Program in response to COVID-19-related restrictions.
- The Heritage Memorial Program, which is expected to generate over $100,000 in revenue.
- The rental of outdoor basketball courts to allow for commercial use and private programming, as well as the rental of kitchens in City facilities.

C Explore operational
efficiencies in delivering
services with other public
agencies.

Ongoing. The City worked with the County and the cities of Livermore and Pleasanton on the creation of AXIS Bridge – the Mental Health Urgent Care Center Pilot. The three cities submitted and received an $450,000 federal earmark for additional program funding.

The City worked with the County, the cities of Livermore and Pleasanton, and Stanford-Valley Care on the development of a Super POD COVID-19 Vaccination Site located at the Alameda County Fairgrounds.

Parks and Community Services partnered with Livermore Area Parks and Recreation District to provide certification instruction to aquatics staff, which enables them to become certified lifeguard trainers to provide in- house certification classes.

Staff is coordinating with neighboring cities to launch a regional, temporary public art project that will span the Tri-Valley.

D Continue to maintain
strong fiscal policies.

Ongoing. Fiscal Year 2021 closed in a surplus position, and on October 19, 2021 the City Council approved additional special designations to provide funding for planned projects.

In October 2021, the City issued the 2021 Lease Revenue Bonds (roughly $20M) to finance Energy Efficiency capital improvement projects approved by the City Council. Due to the City’s strong fiscal policies and budgetary performance, S&P Global Ratings assigned an ‘AAA’ issuer credit rating to the City and an ‘AA+’ bond rating on the Dublin Financing Authority’s bond issuance.

The City Council adopted the budget for Fiscal Years 2022-23 and 2023-24 on June 7, 2022. The primary goals addressed in the budget cycle are: 1) to 22

Page 5 of 10 ends

fully fund current City operations; 2) to fund future capital endeavors now through the setting aside of specific reserves; and 3) maintain adequate operating reserves over the long term. The General Fund Budget is balanced in both years and the 10-Year Forecast shows projected surpluses through Fiscal Year 2028-29.

Strategy 3: Create More Affordable Housing Opportunities Objective Update
A Facilitate production of
affordable housing for
lower income
seniors, workforce, and
special needs households
by leveraging the Alameda
County Measure A-1 Bond
funds and the City’s
Affordable Housing Fund.

Ongoing. On July 17, 2020, Staff released a Notice of Funding Availability for the creation of affordable rental housing. The City received two proposals, both of which were presented to the City Council on November 17, 2020. The proposal by BRIDGE Housing was selected for a site located on Golden Gate Drive adjacent to the West Dublin/Pleasanton BART Station.

On April 20, 2021, the City Council adopted a resolution appropriating $7.1M from the City’s Affordable Housing Fund and authorized the commitment of $2.9M of the Alameda County Measure A-1 Bond Fund.

On August 10, 2021, the Planning Commission approved the Site Development Review Permit for the 300 affordable units. On September 7, 2021, the City Council approved the Community Benefit Agreement for the Amador Station project.

Staff facilitated Eden Housing’s acquisition of a 1.3-acre site on Regional Street from Avalon Bay as required by the Community Benefit Agreement for the 499-unit St. Patrick Way development. Eden Housing proposes to construct a 113-unit senior affordable project on the site. The City Council reserved units from the Downtown Development Pool for the project and authorized the commitment of $5.0M in Alameda County Measure A-1 Bond funds for the project, as well as $3.3M from the Local Housing Trust Fund.

On November 23, 2021, the Planning Commission approved a Site Development Review Permit for Eden Housing’s project. On December 7, 2021, the City Council approved a related Community Benefit Agreement.

On January 25, 2022, the Alameda County Board of Supervisors approved the City’s request and adopted a resolution committing $2.9M to the Amador Station/BRIDGE Housing project and $5M to the Eden Housing Regional Street Senior Affordable Housing project, from Dublin’s Base City Allocation of Measure A-1 Bond Funds.

The City submitted a Local Housing Trust Fund Program grant application for $3,333,333 for Phase 1 of the BRIDGE Housing project to be located on the vacant lot adjacent to the West Dublin BART Station at 6501 Golden Gate Drive.
23

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B Look for additional
opportunities to facilitate
the acquisition of sites, at
low or no cost, to build
housing that is affordable
to lower income
households.

Ongoing. The City received $3,333,333 in grant funds from the State of California’s Local Housing Trust Fund (LHTF) Program for the Eden Housing project.

Staff coordinated with the developer of the St. Patrick Way project regarding the acquisition of the adjacent parcel on Regional Street for development of an affordable housing project by Eden Housing.

Staff is working with Alameda County to sell a portion of the Transit Center D-1 parcel to Eden Housing for an affordable housing development.

Staff worked with Trumark Homes to dedicate two acres for a future affordable housing project that would provide 77 units of very low/low- income affordable rental housing. Staff is working with the County on the purchase and sale of the remainder D-1 site at the Dublin Transit Center for an affordable project.

C Facilitate the production
of accessory dwelling
units throughout the
community.

Ongoing. In November 2020, the City Council adopted Zoning Ordinance Amendments and approved related Impact Fee reductions to relax development standards and restrictions, and to address changes to state law to facilitate the production of accessory dwelling units.

On December 7, 2021, the City Council adopted a waiver of certain permit fees for ADUs <750 sq. ft. and for deed restricted ADUs >750 sq. ft. for lower-income households.

The City prepared eight different ADU prototype plans and an ADU Manual that serves as a how-to-guide for individuals looking to build an ADU. The City also launched an ADU webpage with this and additional information and resources. The webpage is a one-stop shop to facilitate the production of ADUs.

D Seek opportunities to
preserve the stock of
housing that is affordable
to moderate- and middle-
income households.

Ongoing. In September 2020, the City became a member of the California Community Housing Agency (CalCHA) Joint Powers Authority for the production, preservation, and protection of essential middle-income rental housing, and authorized the City Manager to enter into purchase option agreements with CalCHA for middle-income rental housing. Since that time, the City approved the purchase of Aster Apartments in the Downtown and the Fountains Apartments on Hacienda Drive.

On June 1, 2021, the City Council adopted a resolution authorizing the actions necessary to similar acquire the Waterford Place Apartments through the California Statewide Communities Development Authority (CSCDA) to preserve the units as affordable to middle-income households.

E Update the City’s General
Plan Housing Element in
accordance with state law
and to ensure an adequate
supply of sites to
accommodate the City’s
Regional Housing Needs
Ongoing. Staff prepared the Draft 2023-2031 Housing Element which was available for public review between April 15 and May 15, 2022. The City Council held a public meeting to review the Draft Housing Element on May 17, 2022. Subsequent to that meeting, Staff submitted the Draft Housing Element to the California Housing and Community Development Department for their state mandated review. The City Council will review the final Housing Element in fall 2022.
24

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Allocation for the period
2023-31.

Strategy 4: Become a 24/7 City Hall to Enhance Resident and Business Engagement Objective Update
A Reduce/eliminate the need
for paper transactions
where feasible.

Ongoing. The majority of external and internal City forms have been transitioned to electronic formats for completion, routing, and signature.

This includes Building Permit, Planning, and Business License applications, Public Works permits, and Fire Prevention processes.

The Parks and Community Services Department introduced ePACT to afterschool recreation and preschool programs in January 2022, which allows staff to collect data electronically and check participants in and out of programs using contactless methods.

Staff continues to evaluate additional processes for transition to electronic formats.

B Provide more
opportunities for residents
to complete transactions
with the City online, with
appropriate security
measures.

Ongoing. Parks and Recreation Staff began accepting online pre- registration for special events, limiting wait lines and reducing physical cash transactions. Staff worked with event partners/vendors to encourage them to utilize applications for ordering items. They implemented Epact software for camps, preschool, and afterschool programs. Parents will be able to complete necessary forms and check students in and out of programs securely online.

The Senior Center has transitioned from cash to pre-paid passes and is now utilizing electronic pre-registration and convenience passes for in- person programming.

Staff enhanced The Wave webpages to allow customers to subscribe to Newsflashes and pertinent information. In addition, the online registration process for the popular Lap Swim program has been streamlined to result in a more user-friendly process to reserve lanes.

Facility rental applications and Wave Waterpark Admission tickets have transitioned to electronic formats. Staff transitioned the Fireworks application process online. The Community Development Department launched the SolarApp+ which allows for the electronic application and automated issuance of building permits for residential solar panels 24 hours a day, seven days a week.

C Enhance citizen online
interaction via reporting of
issues and transparent
data.

Ongoing. On September 1, 2020, the City Council approved an agreement with OpenGov for financial transparency, budgeting, and citizen engagement software.

In May 2021, the City launched See, Click, Fix, a new citizen request and City work management software, which includes a City-branded app for mobile devices.
25

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The City added closed captioning to City Council and Planning Commission meeting recordings to enhance the accessibility of such videos while also allowing the public to search for terms in the captions.

The City’s websites are equipped with Audio Eye, which scans the websites for issues related to accessibility. All pages are scanned, and accessibility issues are solved using the tool.

D Continue to utilize all
appropriate methods to
share and exchange
information with the
public, including social
media, at events and at the
City’s website.

Ongoing. Staff expanded the use of Facebook to share all news and business of the City. Additionally, the City is increasing the use of videos shared on all social media platforms and the City’s website. Examples include public service announcements (PSAs) from the City Council, a disaster preparedness video by the former Mayor, a replay of several “Community Conversations” that were held during the start of the Pandemic, and videos in remembrance of Ilene Misheloff.

The City completed a redesign of the City’s website, following consultations with a focus group, which included City staff and active residents. While the elements of Dublin’s brand are still prominent, the website has been streamlined, making it easier for users to find key information. Staff continues to manage the Document Center to ensure the search function works properly. A Website Committee has been created to ensure that the site remains current.

Staff continues to utilize existing programs and events to cross-promote other city events and activities. This also provides opportunities to target specific markets and demographics (i.e., promoting hiring and family events at the Senior Information Fair).

The Planning Division instituted informational community meetings for major development projects. A new “notify me” list was created where interested parties can be notified of these meetings which are also published on our social media channels.

A Dublin Police Annual Report was completed in Fall 2021.

Parks and Community Services Staff are now utilizing the text message feature in the City’s recreation software (Active Network) to text program information to customers.

The Wave utilized paid marketing to promote the Job Fair through Snapchat and Facebook. The advertisement included an apply-now button which takes them directly to the relevant webpage. Total reach was 225,000 individuals with 1,900 swipes.

The Parks and Community Services Department began utilizing the “text” feature within the Active Net Registration system as an additional means of communication for activity changes and cancellations, in addition to traditional e-mail notifications.
26

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E Explore additional social
media platforms and
expanding use of Facebook
to other departments.

Complete. Staff has merged all the previous City Facebook accounts (other than The Wave) into one City of Dublin government account. Additionally, Staff transformed the former Parks and Community Services Instagram account into a City of Dublin account.

F Explore more exciting and
user-friendly presentation
of information, and a
periodic report from the
City Manager’s Office.

Complete. The City launched the Backyard Brief, the City Manager’s new monthly email newsletter.

Strategy 5: Large Land Tract Development and Open Space Objective Update
A Look to establish an
Economic Development
Zone to prioritize
commercial and industrial
development east of Fallon
Road.

Complete. The City established the Economic Development Zone in 2021.

B Work with the area
property owners in
conjunction with the
Dublin Boulevard
extension project on issues
such as road and project
mitigation, entitlements, as
well as supporting
infrastructure.

Ongoing. Staff meets regularly with the property owners surrounding the Dublin Boulevard extension area to discuss issues of roadway alignment and mitigation.

The City received National Environmental Policy Act (NEPA) clearance from Caltrans in February 2021 for the project. Alameda County Transportation Commission (ACTC) has initiated the 24-month design process. Staff continues to meet with ACTC, Livermore, the County, Zone 7, and other stakeholders in support of the design effort.

Staff is reviewing applications submitted by the Branaugh and Righetti property owners, as well as has reviewed a pre-application from the Monte Vista property.

C Begin discussions
regarding required
reporting under the Open
Space Initiative of 2014 for
the provisions of
commercial and industrial
development in the
unincorporated area.

Complete. City Council authorized the initiation of various studies necessary to meet the obligations under Dublin Open Space Initiative of 2014.

STRATEGIC PLAN INITIATIVE:

None.

NOTICING REQUIREMENTS/PUBLIC OUTREACH:

The City Council Agenda was posted.
27

Page 10 of 10 ends

ATTACHMENTS:

None.
28 STAFF REPORT

CITY COUNCIL

Page 1 of 2 ends

Agenda Item 4.3
DATE: August 16, 2022
TO: Honorable Mayor and City Councilmembers
FROM: Linda Smith, City Manager
SUBJECT: City Proclamations for the Month of September
Prepared by: Cierra Fabrigas, Executive Aide
EXECUTIVE SUMMARY:

The City Council will consider the following proclamations for the month of September in the City of Dublin: Alcohol and Drug Addiction Recovery Month, Wilderness Month, Childhood Cancer Awareness Month, Childhood Obesity Awareness Month, Hispanic Heritage Month, Ovarian Cancer Awareness Month, Preparedness Month, Prostate Cancer Awareness Month, and Suicide Prevention Awareness Month.

STAFF RECOMMENDATION:

Approve the proclamations.

FINANCIAL IMPACT:

None.

DESCRIPTION:

The City Council will consider the following proclamations for the month of September in the City of Dublin:

1. Alcohol and Drug Addiction Recovery Month

2. Wilderness Month

3. Childhood Cancer Awareness Month

4. Childhood Obesity Awareness Month

5. Hispanic Heritage Month

6. Ovarian Cancer Awareness Month

7. Preparedness Month

8. Prostate Cancer Awareness Month
29

Page 2 of 2 ends

9. Suicide Prevention Awareness Month
STRATEGIC PLAN INITIATIVE:

None.

NOTICING REQUIREMENTS/PUBLIC OUTREACH:

The City Council Agenda was posted.

ATTACHMENTS:
1) Alcohol and Drug Addiction Recovery Month Proclamation 2) Wilderness Month Proclamation
3) Childhood Cancer Awareness Month Proclamation
4) Childhood Obesity Awareness Month Proclamation
5) Hispanic Heritage Month Proclamation
6) Ovarian Cancer Awareness Month Proclamation
7) Preparedness Month Proclamation
8) Prostate Cancer Awareness Month Proclamation
9) Suicide Prevention Awareness Month Proclamation
30 Attachment 1

A PROCLAMATION OF THE CITY COUNCIL

CITY OF DUBLIN, CALIFORNIA
“Alcohol and Drug Addiction Recovery Month”
WHEREAS, every September, the Substance Abuse and Mental Health Services Administration (SAMHSA) sponsors Recovery Month to increase awareness and understanding of mental and substance use disorders and celebrates the gains made by those in recovery; and WHEREAS, treatment and recovery improve the community’s welfare and provide a renewed outlook on life for those who struggle with substance use disorders and for their family and friends; and
WHEREAS, alcohol and drug prevention, intervention, and treatment service providers have a proud history of service, innovation, and dedication to the recovery process: and
WHEREAS, over 20.7 million people age 12 or older in the United States need treatment every year for substance use disorder; and WHEREAS, National Recovery Month celebrates the achievements of those individuals who have undergone successful addiction treatment and recognizes the professionals in the field of addiction treatment; and WHEREAS, the National Recovery Month theme, “Recovery is For Everyone: Every Person, Every Family, Every Community,” reminds people in recovery and those who support them that no one is alone in the journey through recovery; and WHEREAS, to help achieve these goals, the Council on Alcoholism and Drug Abuse and other community providers invite all residents of Dublin to participate in National Alcohol and Drug Addiction Recovery Month (September).

NOW, THEREFORE, BE IT RESOLVED that the Dublin City Council does hereby proclaim September 2022 as Alcohol and Drug Addiction Recovery Month and call upon the residents of Dublin to observe this month with appropriate programs, activities, and ceremonies supporting recovery in our community.

DATED: August 16, 2022

Mayor Melissa Hernandez Vice Mayor Jean Josey

Councilmember Sherry Hu Councilmember Shawn Kumagai Councilmember Michael McCorriston 31 Attachment 2

A PROCLAMATION OF THE CITY COUNCIL

CITY OF DUBLIN, CALIFORNIA
“Wilderness Month”
WHEREAS, nationally celebrated, Wilderness Month honors the American spirit of exploration and discovery that has led us to experience the majesty of the Nation’s wilderness; and
WHEREAS, the Wilderness Act was passed in 1964, and 54 areas (9.1 million acres) in 13 states were designated as wilderness; and WHEREAS, this law established these areas as part of the National Wilderness Preservation System (NWPS). Since 1964, the NWPS has grown almost every year and now includes 803 areas (111.7 million acres) in 44 states and Puerto Rico; and WHEREAS, in 1980, the passage of the Alaska National Interest Lands Conservation Act (ANILCA) added over 56 million acres of wilderness to the system, the largest addition in a single year; and WHEREAS, recent fires across California and the United States show us just how important wilderness is, and how precious it has become.

NOW, THEREFORE, BE IT RESOLVED that the Dublin City Council does hereby proclaim September 2022 as Wilderness Month in the City of Dublin and encourage all citizens to become more aware of the significance of wilderness in our nation.

DATED: August 16, 2022

Mayor Melissa Hernandez Vice Mayor Jean Josey

Councilmember Sherry Hu Councilmember Shawn Kumagai Councilmember Michael McCorriston 32 Attachment 3

A PROCLAMATION OF THE CITY COUNCIL

CITY OF DUBLIN, CALIFORNIA
“Childhood Cancer Awareness Month”
WHEREAS, according to the American Childhood Cancer Organization, one in 285 children in the United States will be diagnosed with cancer by their 20th birthday; and
WHEREAS, each year, worldwide, more than 300,000 children and youth under the age of 19 are diagnosed with cancer; and WHEREAS, childhood cancer causes chronic health conditions from the toxic effects of cancer treatment, including secondary cancers and other life-threatening illnesses; and
WHEREAS, the causes of childhood cancer are largely unknown, and more study is needed to understand which treatments work best for children; and
WHEREAS, researchers and healthcare professionals work diligently, dedicating their expertise to treat and cure children with cancer; and
WHEREAS, children who are diagnosed with cancer, battle cancer with fierce determination and bravery every day.

NOW, THEREFORE, BE IT RESOLVED that the Dublin City Council does hereby proclaim September 2022 as Childhood Cancer Awareness Month in the City of Dublin and encourage all citizens to learn more about childhood cancers, vigorously support childhood cancer research, and do everything possible to support children with cancer and their families.

DATED: August 16, 2022

Mayor Melissa Hernandez Vice Mayor Jean Josey

Councilmember Sherry Hu Councilmember Shawn Kumagai Councilmember Michael McCorriston 33 Attachment 4

A PROCLAMATION OF THE CITY COUNCIL

CITY OF DUBLIN, CALIFORNIA
“Childhood Obesity Awareness Month”
WHEREAS, with childhood obesity presenting a significant threat to child health, the American Academy of Pediatrics (AAP) is recognizing National Childhood Obesity Awareness Month during the month of September; and WHEREAS, the City of Dublin, along with Dublin Unified School District, works to prioritize the health and wellbeing of Dublin’s children by supporting programs such as Healthy Dublin, Healthy Dublin Kids, and the Dublin Unified School District Health Center; and WHEREAS, the City of Dublin works in conjunction with youth sports leagues to provide space for physical activities and team sports in the community; and
WHEREAS, the percentage of children with obesity in the United States has more than tripled since the 1970’s; today, about one in five school-age children (6-19) are considered obese; and
WHEREAS, obese children have an 80% chance of being obese adults and are more at risk for associated adult chronic diseases, including high blood pressure, heart disease, type 2 diabetes and stroke; and WHEREAS, participating in physical activity is important for children and teens as it can have beneficial effects; and not only on body weight, but also on blood pressure, bone strength, and mental wellbeing; and WHEREAS, proper nutrition is important to youth as it impacts their physical and mental health, and is important in the prevention of chronic diseases; and
WHEREAS, childhood obesity is preventable, yet does not appear to be declining.

NOW, THEREFORE, BE IT RESOLVED that the Dublin City Council does hereby proclaim the month of September 2022 as Childhood Obesity Awareness Month and urge all residents to educate themselves and others of the programs and services that are available in Alameda County and in the City of Dublin.

DATED: August 16, 2022

Mayor Melissa Hernandez Vice Mayor Jean Josey

Councilmember Sherry Hu Councilmember Shawn Kumagai Councilmember Michael McCorriston 34 Attachment 5

A PROCLAMATION OF THE CITY COUNCIL

CITY OF DUBLIN, CALIFORNIA
“Hispanic Heritage Month”
WHEREAS, each year, the federal and local governments observe Hispanic Heritage Month from September 15 to October 15 by recognizing and celebrating the histories, cultures, and contributions of American citizens whose ancestors came from Spain, Mexico, the Caribbean and Central and South America; and
WHEREAS, September 15th is significant as a starting date for Latino Heritage month because it is the anniversary of independence for the Latin American countries of Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua. In addition, Mexico and Chile celebrate their independence on September 16th and September 18th respectively, and Columbus Day or Dia de La Raza, which is October 12th, falls within this 30-day period; and WHEREAS, Latinos are the largest ethnic group in the State of California and at 18.5% of the United States population, make up the largest ethnic or race minority group in America; and
WHEREAS, the values expressed by labor leader and civil rights activist Cesar Chavez—a service to others, non-violence, acceptance of all people, respect for life and the environment, and celebrating community—are also America’s values; and WHEREAS, Hispanics and Latinos continue to enrich our nation’s character, shape our common future, and affirm the narrative of American unity and progress; and
WHEREAS, during National Hispanic Heritage Month, we celebrate Hispanic culture, honor the invaluable ways Hispanics contribute to our common goals, and work toward a stronger, more inclusive, more prosperous society for all.

NOW, THEREFORE, BE IT RESOLVED that the Dublin City Council does hereby proclaim September 2022 as Hispanic Heritage Month in the City of Dublin and encourage all citizens to recognize the significance of Hispanic Heritage and history in our nation and community.

DATED: August 16, 2022

Mayor Melissa Hernandez Vice Mayor Jean Josey

Councilmember Sherry Hu Councilmember Shawn Kumagai Councilmember Michael McCorriston 35 Attachment 6

A PROCLAMATION OF THE CITY COUNCIL

CITY OF DUBLIN, CALIFORNIA
“Ovarian Cancer Awareness Month”
WHEREAS, according to the American Cancer Society, ovarian cancer causes more deaths than any cancer of the female reproductive system; and
WHEREAS, in women ages 35-74, ovarian cancer is the fifth leading cause of cancer-related deaths; and WHEREAS, every woman is at risk for ovarian cancer, regardless of age, heritage, or medical history; and WHEREAS, diagnosis of ovarian cancer often does not occur until it has reached an advanced stage, making it the deadliest of all gynecological cancers; and
WHEREAS, an estimated 21,410 women in the United States will be diagnosed this year with ovarian cancer and an estimated 13,770 women with the disease will die; and
WHEREAS, ovarian cancer is treatable when detected early. More than 90% of women survive longer than five years if the disease is detected and treated properly before it has spread; and WHEREAS, women’s lives will be saved by raising public awareness about ovarian cancer and educating women about the symptoms of the disease.

NOW, THEREFORE, BE IT RESOLVED that the Dublin City Council does hereby proclaim September 2022 as Ovarian Cancer Awareness Month in the City of Dublin and encourage all citizens to become more educated of the signs and symptoms of the disease.

DATED: August 16, 2022

Mayor Melissa Hernandez Vice Mayor Jean Josey

Councilmember Sherry Hu Councilmember Shawn Kumagai Councilmember Michael McCorriston 36 Attachment 7

A PROCLAMATION OF THE CITY COUNCIL

CITY OF DUBLIN, CALIFORNIA
“Preparedness Month”
WHEREAS, National Preparedness Month, occurring annually in September since 9/11/2001, creates an opportunity for residents of the City of Dublin to join citizens across the United States in preparing their homes, businesses, and communities for any type of emergency, including natural, technological, and human-caused; and WHEREAS, as our nation continues to respond to COVID-19, there is no better time to be involved in preparing for any disaster; and WHEREAS, according to Alameda County emergency preparedness guidelines, citizens should have a plan, make a kit, be informed, and get involved in helping the community do the same; and
WHEREAS, planning now, before a disaster, is the best way to improve community resiliency; and WHEREAS, each year, we face situations that could change our lives forever, and the best protection is knowing and practicing what to do in the event of an emergency; and
WHEREAS, every eight minutes, the Red Cross responds to a disaster, and the vast majority of these are home fires. By having an emergency plan and kit, families can react quickly when a disaster strikes.

NOW, THEREFORE, BE IT RESOLVED that the Dublin City Council does hereby proclaim September 2022 as Preparedness Month in the City of Dublin and encourage all citizens to make a plan, build a kit, prepare for disasters, and talk to friends and family about preparedness.

DATED: August 16, 2022

Mayor Melissa Hernandez Vice Mayor Jean Josey

Councilmember Sherry Hu Councilmember Shawn Kumagai Councilmember Michael McCorriston 37 Attachment 8

A PROCLAMATION OF THE CITY COUNCIL

CITY OF DUBLIN, CALIFORNIA
“Prostate Cancer Awareness Month”
WHEREAS, according to the American Cancer Society, prostate cancer is the most frequently diagnosed cancer in men and the second leading cause of cancer deaths in men; and
WHEREAS, the American Cancer Society estimates there will be 268,490 men diagnosed with prostate cancer in the United States alone this year and roughly 34,500 will die this year from the disease –which is one man every 15 minutes; and WHEREAS, prostate cancer not only affects men, but also affects their family and friends; and WHEREAS, prostate cancer is usually treatable if detected early and early stage prostate cancer usually has no symptoms; and WHEREAS, education regarding prostate cancer and early detection strategies is critical to savings lives and preserving and protecting our families and friends; and
WHEREAS, all men are at risk for prostate cancer and any treatment decisions should be based on clinician recommendations and patient values and preferences.

NOW, THEREFORE, BE IT RESOLVED that the Dublin City Council does hereby proclaim September 2022 as Prostate Cancer Awareness Month in the City of Dublin and encourage all citizens to increase awareness about the importance for men to make an informed decision with their health care provider about early detection and testing for prostate cancer.

DATED: August 16, 2022

Mayor Melissa Hernandez Vice Mayor Jean Josey

Councilmember Sherry Hu Councilmember Shawn Kumagai Councilmember Michael McCorriston 38 Attachment 9

A PROCLAMATION OF THE CITY COUNCIL

CITY OF DUBLIN, CALIFORNIA
“Suicide Prevention Awareness Month”
WHEREAS, National Suicide Prevention Awareness Month was created to raise the visibility of the mental health resources and suicide prevention services available in our community during the month of September. The goal is to start the conversation about mental health and the impact of suicide to help destigmatize the conversation and connect people with the appropriate support services; and WHEREAS, according to the American Foundation for Suicide Prevention (AFSP), Suicide is the 10th leading cause of death among adults, and the 2nd leading cause of death among individuals between the ages of 10 and 34 in the US; and WHEREAS, more than 48,000 people died by suicide across the United States in 2018, with an average of 132 suicides happening daily; and WHEREAS, each and every suicide directly impacts a minimum of 100 additional people, including family, friends, co-workers, neighbors, and community members; and
WHEREAS, global organizations like Hope For The Day and our local mental health partner, Axis Community Health, serve on the front lines in support of diffusing the stigma regarding suicide and mental health; and WHEREAS, the City of Dublin publicly places its full support behind those who work in the fields of mental health, education, and law enforcement.

NOW, THEREFORE, BE IT RESOLVED, that the Dublin City Council does hereby proclaim the month of September 2022 as Suicide Prevention Awareness Month and encourage residents to take the time to understand the importance of mental health education and recognize that taking care of ourselves and others includes taking care of mental health.

DATED: August 16, 2022

Mayor Melissa Hernandez Vice Mayor Jean Josey

Councilmember Sherry Hu Councilmember Shawn Kumagai Councilmember Michael McCorriston 39 STAFF REPORT

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Agenda Item 4.4
DATE: August 16, 2022
TO: Honorable Mayor and City Councilmembers
FROM: Linda Smith, City Manager
SUBJECT: Zoning Ordinance Amendments for Outdoor Seating (PLPA-2022-00020) Prepared by: Gaspare Annibale, Associate Planner
EXECUTIVE SUMMARY:

On July 19, 2022, the City Council considered City-initiated amendments to the Zoning Ordinance to continue to facilitate outdoor seating for eating and drinking establishments on a long-term temporary basis to aid in the economic recovery from the COVID-19 pandemic. Amendments are proposed to Dublin Municipal Code Section 8.12.050 (Permitted and Conditionally Permitted Land Uses), Section 8.76.080 (Parking Requirements by Use Type), and Section 8.108.020 (Uses Permitted with a Temporary Use Permit). The City Council waived the first reading and introduced the Ordinance amending the Zoning Ordinance. The City Council is now requested to hold a second reading of the proposed Ordinance.

STAFF RECOMMENDATION:

FINANCIAL IMPACT:

On April 20, 2021, the City Council approved the American Rescue Plans Act Budget and established a fund to track related expenditures. The approved budget includes grant funds for eating and drinking establishments to cover the costs of time and materials associated with processing applications for outdoor seating.

DESCRIPTION:

The City has initiated amendments to the Zoning Ordinance to continue to facilitate outdoor seating for eating and drinking establishments on a long-term temporary basis to aid in the 40

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economic recovery from the COVID-19 pandemic. Amendments are proposed to Dublin Municipal Code Section 8.12.050 (Permitted and Conditionally Permitted Land Uses), Section 8.76.080 (Parking Requirements by Use Type), and Section 8.108.020 (Uses Permitted with a Temporary Use Permit), as outlined in the Ordinance provided as Attachment 1. On July 19, 2022, the City Council waived the first reading and introduced the Ordinance approving the amendments, as further described in Attachment 2.

ENVIRONMENTAL DETERMINATION:

STRATEGIC PLAN INITIATIVE:

None.

NOTICING REQUIREMENTS/PUBLIC OUTREACH:

The City Council Agenda was posted.

ATTACHMENTS:
1) Ordinance Approving Amendments to Dublin Municipal Code Section 8.12.050 (Permitted and Conditionally Permitted Land Uses), Section 8.76.080 (Parking Requirements by Use Type), and Section 8.108.020 (Uses Permitted with a Temporary Use Permit) 2) City Council Staff Report, dated July 19, 2022, without attachments 41 Attachment 1
Ord. No. XX-22, Item X.X, Adopted XX/XX/22 Page 1 of 5 ORDINANCE NO. XX-22

AN ORDINANCE OF THE CITY COUNCIL

OF THE CITY OF DUBLIN
APPROVING AMENDMENTS TO DUBLIN MUNICIPAL CODE SECTION 8.12.050 (PERMITTED AND CONDITIONALLY PERMITTED LAND USES), SECTION 8.76.080 (PARKING REQUIREMENTS BY USE TYPE), AND SECTION 8.108.020 (USES

PERMITTED WITH A TEMPORARY USE PERMIT)

EFFECTIVE CITY-WIDE
PLPA-2022-00020
The Dublin City Council does ordain as follows:

SECTION 1. RECITALS
A. The City occasionally initiates amendments to the Zoning Ordinance to clarify, add, or amend certain provisions to ensure that the Zoning Ordinance remains current with federal and state law, internally consistent, simple to understand and implement, and relevant to changes occurring in the community.

B. On June 16, 2020, the City Council adopted Ordinance No. 08-20, approving an amendment to Dublin Municipal Code (DMC) Chapter 8.128 (Authority to Administer Title 8) to provide the City Manager with authority to waive certain Zoning Ordinance requirements and/or standards to facilitate business operations affected by public health orders of the federal, state, or county government designed to slow transmission of the Novel Coronavirus (COVID-19).

C. Subsequently, the City established a COVID-19 Relief Temporary Use Permit (TUP) application for minor temporary land uses that facilitate business operations, but deviate from certain development standards, provided they are temporary in nature and do not increase the intensity of the use.

D. The waiver of certain Zoning Ordinance requirements remained in effect for one year from adoption and expired on June 16, 2021.

E. In April 2021, Staff held a roundtable meeting with restaurant owners to understand ways the City could assist with their recovery in a post COVID-19 environment. Based upon the success of the COVID-19 Relief TUP program and concerns about business operations and consumer preferences post COVID-19, the restaurant owners expressed an overwhelming desire for the City to continue to facilitate outdoor dining on both a long- term temporary and permanent basis through relaxed regulations.

F. On August 17, 2021, the City Council adopted Ordinance No. 07-21 approving amendments to DMC Section 8.12.050 (Permitted and Conditionally Permitted Land Uses), Section 8.76.080 (Parking Requirements by Use Type), Section 8.104.030 (Site 42 Ord. No. XX-22, Item X.X, Adopted XX/XX/22 Page 2 of 5 Development Review Waiver), and Section 8.108.020 (Uses Permitted with a Temporary Use Permit) to permit outdoor seating on a long-term temporary and permanent basis.

G. During the spring of 2022, Staff performed additional outreach to restaurant owners, including a business survey, walking tour and another roundtable meeting to understand their evolving needs and how the City could assist them. The restaurant owners continue to express overwhelming support for the City to facilitate the ability to provide outdoor dining on a long-term temporary basis.

H. The provision of Ordinance No. 07-21 permitting outdoor seating on a long-term temporary basis will expire on September 30, 2022.

I. The COVID-19 pandemic continues to evolve along with efforts to slow the spread of the virus, and concerns about business operations and consumer preferences persist.

J. The City has initiated amendments to the Zoning Ordinance to continue to facilitate outdoor seating on a long-term temporary basis.

K. The proposed Zoning Ordinance Amendments include modifications to DMC Section

8.12.050 (Permitted and Conditionally Permitted Land Uses), Section 8.76.080 (Parking Requirements by Use Type), and Section 8.108.020 (Uses Permitted with a Temporary Use Permit).

L. The Planning Commission held a duly noticed public hearing on June 28, 2022, during which all interested persons were heard, and adopted Resolution No. 22-10 recommending City Council adoption of the proposed Zoning Ordinance Amendments.

M. A Staff Report was submitted to the Dublin City Council recommending approval of the proposed Zoning Ordinance Amendments.

N. The City Council held a public hearing on the proposed Zoning Ordinance Amendments on July 19, 2022, at which time all interested parties had the opportunity to be heard.

O. Proper notice of said hearing was given in all respects as required by law.

P. The City Council did hear and consider all said reports, recommendations and testimony herein above set forth and used its independent judgment to evaluate the project.

SECTION 2. FINDINGS
A. Pursuant to Section 8.120.050.B of the Dublin Municipal Code, the City Council hereby finds that the Zoning Ordinance Amendments are consistent with the General Plan and any applicable Specific Plan in that the amendments are necessary to facilitate temporary outdoor seating for eating and drinking establishments to aid in economic recovery post- COVID-19. Specifically, General Plan Goal 11.6.1 calls for the City to maintain small- business-friendly development services and Implementation Measure 11.6.1.B.3 to “implement permit/inspection process refinements: improve City procedures, as appropriate.”
43 Ord. No. XX-22, Item X.X, Adopted XX/XX/22 Page 3 of 5 SECTION 3.

A. The California Environmental Quality Act (CEQA), together with State Guidelines and City of Dublin CEQA Guidelines and Procedures, require that certain projects be reviewed for environmental impacts and that environmental documents be prepared. The City Council hereby finds the amendments to Title 8 of the Dublin Municipal Code (Zoning Ordinance) are exempt from the requirements of CEQA pursuant to CEQA Guidelines Section 15061(b)(3) because it can be seen with certainty that the amendments will not have a significant effect on the environment and are not subject to CEQA review.

SECTION 4.

A. The Dublin Municipal Code is amended as follows:

Section 8.12.050 (Permitted and Conditionally Permitted Land Uses) of Title 8 of the Dublin Municipal Code is amended to add the following row to the table of Commercial Use Types:

COMMERCIAL USE TYPES

COMMERCIAL USE
TYPE A R-1 R-2 R-M C-O C-N C-1 C-2 M-P M-1 M-2
Outdoor Seating –
Temporary
- - - - TUP TUP TUP TUP TUP TUP -
Subsection D of Section 8.76.080 (Parking Requirements by Use Type) of Title 8 of the Dublin Municipal Code is amended to add the following in alphabetical order

COMMERCIAL USE TYPES NUMBER OF PARKING SPACES REQUIRED
Outdoor Seating – Temporary None
Section 8.108.020 (Uses Permitted with a Temporary Use Permit) of Title 8 of the Dublin Municipal Code is amended by adding provisions for “Outdoor Seating – Temporary” and the remainder of this subsection shall be re-lettered:

N. Outdoor Seating - Temporary. Outdoor Seating - Temporary may be permitted, subject to the following conditions:

1. Temporary outdoor seating is permitted until September 30, 2023. The expiration date of all existing approved Temporary Use Permits for temporary outdoor seating are extended to September 30, 2023.
44 Ord. No. XX-22, Item X.X, Adopted XX/XX/22 Page 4 of 5

2. Temporary outdoor seating may occupy up to 20 percent of the required parking for that Eating and Drinking Establishment or two parking spaces, whichever is greater.

3. Temporary outdoor seating that is not located in a parking space(s) is limited to a maximum area equivalent to the area of 20 percent of the required parking for that Eating and Drinking Establishment or the area of two parking spaces, whichever is greater.

4. No additional parking is required for the temporary outdoor seating.

5. Tents, canopies, and shade structures.
a. Tents, canopies, and shade structures are subject to review and approval by the Planning Division, Building Division, and Fire Prevention. b. No advertising, logos, banners, or balloons are permitted on any tents, canopies, or shade structures, except with approval of a Temporary Sign.
c. If a business utilizes more than one tent, canopy, or shade structure, they should be of uniform color and design.

SECTION 5. Effective Date. This Ordinance shall take effect and be enforced thirty (30) days following its final adoption and shall remain in effect until September 30, 2023.

SECTION 6. Severability. The provision of this Ordinance are severable and if any provision, clause, sentence, word or part thereof is held illegal, invalid, unconstitutional, or inapplicable to any person or circumstance, such illegality, invalidity, unconstitutionality, or inapplicability shall not affect or impair any of the remaining provisions, clauses, sentences, sections, words or parts thereof of the ordinance or their applicability to other persons or circumstances.

SECTION 7. Posting. The City Clerk of the City of Dublin shall cause this Ordinance to be posted in at least three (3) public places in the City of Dublin in accordance with Section 36933 of the Government Code of the State of California. {Signatures on the following page}
45 Ord. No. XX-22, Item X.X, Adopted XX/XX/22 Page 5 of 5 PASSED, APPROVED AND ADOPTED this 16 th day of August, 2022, by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

______________________________
Mayor
ATTEST:
_________________________________
City Clerk
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Agenda Item 6.1
Attachment 2
DATE: July 19, 2022
TO: Honorable Mayor and City Councilmembers
FROM: Linda Smith, City Manager
SUBJECT: Zoning Ordinance Amendments for Outdoor Seating and Master Fee Schedule Amendments (PLPA-2022-00020)
Prepared by: Gaspare Annibale, Associate Planner
EXECUTIVE SUMMARY:

The City Council will consider City-initiated amendments to the Zoning Ordinance to continue to facilitate outdoor seating for eating and drinking establishments on a long-term temporary basis to aid in the economic recovery from the COVID-19 pandemic. The City Council will also consider adopting changes to the Master Fee Schedule pertaining to the application fees for Temporary Use Permits for temporary outdoor seating and Site Development Review Waivers for permanent outdoor seating. Additionally, the City Council will consider an exemption from the requirements of the California Environmental Quality Act.

STAFF RECOMMENDATION:

Conduct a public hearing, deliberate, and: 1) waive the reading and INTRODUCE the Ordinance Approving Amendments to Dublin Municipal Code Section 8.12.050 (Permitted and Conditionally Permitted Land Uses), Section 8.76.080 (Parking Requirements by Use Type), and Section

8.108.020 (Uses Permitted with a Temporary Use Permit); and 2) adopt the Resolution Amending the Master Fee Schedule by Extending the Application Fee for Temporary Use Permit – Temporary Outdoor Seating and Site Development Review Waiver – Permanent Outdoor Seating Until September 30, 2023.

FINANCIAL IMPACT:

On April 20, 2021, the City Council approved the American Rescue Plans Act (ARPA) Budget and established a fund to track related expenditures. The approved budget includes grant funds for eating and drinking establishments to cover the costs of time and materials associated with processing Temporary Use Permit applications for outdoor seating and Site Development Review Waivers for permanent outdoor seating. The City Council will consider amending the Master Fee Schedule to extend the current application fees for Temporary Use Permit – Temporary Outdoor 47

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Seating and Site Development Review Waiver – Permanent Outdoor Seating until September 30, 2023. The application fees will continue to be based on time and materials to ensure the City recovers the actual costs associated with reviewing these applications utilizing ARPA funding.

These fees will be valid until the City’s ARPA budget allocation is exhausted, or until September 30, 2023, whichever occurs first. Upon the ARPA budget allocation exhaustion, the TUP and SDR Waiver application fees would revert to the existing flat fee at that time.

DESCRIPTION:

Background
On June 16, 2020, the City Council adopted Ordinance No. 08-20 approving an amendment to Dublin Municipal Code (DMC) Chapter 8.128 (Authority to Administer Title 8) to provide the City Manager with authority to waive certain Zoning Ordinance requirements and/or standards to facilitate business operations affected by public health orders of the federal, state, or county government designed to slow transmission of the Novel Coronavirus (COVID-19). Subsequently, the City established a COVID-19 Relief Temporary Use Permit (TUP) application for minor temporary land uses that facilitate business operations, but deviate from certain development standards, provided they are temporary in nature and do not increase the intensity of the use.

Ordinance No. 08-20 and the waiver of certain Zoning Ordinance requirements remained in effect for one year from adoption and expired on June 16, 2021.

In April 2021, Staff held a roundtable meeting with restaurant owners to understand ways the City could assist with their recovery from the COVID-19 environment. Based upon the success of the COVID-19 Relief TUP program and concerns about business operations and consumer preferences related to COVID-19, the restaurant owners expressed an overwhelming desire for the City to continue to facilitate outdoor seating on both a long-term temporary and permanent basis through relaxed regulations.

On August 17, 2021, the City Council adopted Ordinance No. 07-21 approving amendments to DMC Section 8.12.050 (Permitted and Conditionally Permitted Land Uses), Section 8.76.080 (Parking Requirements by Use Type), Section 8.104.030 (Site Development Review Waiver), and Section 8.108.020 (Uses Permitted with a Temporary Use Permit) to permit outdoor seating on a long-term temporary basis and on a permanent basis. The regulations for permitting outdoor seating on a long-term temporary basis are set to expire on September 30, 2022.

The City Council also adopted a companion Resolution (No. 93-21) amending the Master Fee Schedule by establishing two new application fees, based on time and materials, for Temporary Use Permit – Outdoor Seating and Site Development Review Waiver – Outdoor Seating, which are valid until the City’s applicable American Rescue Plan Act (ARPA) budget allocation is exhausted, or until September 30, 2022, whichever occurs first.

Since the establishment of the COVID-19 Relief TUP program, the City has approved 47 TUP applications for eating and drinking establishments on a long-term temporary basis.

During the spring of 2022, Staff performed additional outreach to the restaurant owners, including conducting a business survey, walking tour, and another roundtable meeting with the restaurant 48

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owners to understand their evolving needs. The restaurant owners continue to express overwhelming support for the City to facilitate the provision of outdoor dining on a long-term temporary basis. Some smaller users expressed concern about the size of the outdoor seating area allowed by the current regulations and requested that the City allow a certain minimum size for such areas.

Proposed Project
To address the needs of the business community, the City has initiated amendments to the Zoning Ordinance to continue to facilitate outdoor seating for eating and drinking establishments on a long-term temporary basis to aid in economic recovery from the COVID-19 pandemic.

Amendments are proposed to DMC Section 8.12.050 (Permitted and Conditionally Permitted Land Uses), Section 8.76.080 (Parking Requirements by Use Type), and Section 8.108.020 (Uses Permitted with a Temporary Use Permit). The proposed project also includes amending the Master Fee Schedule to extend the application fees for Temporary Use Permit – Temporary Outdoor Seating and Site Development Review (SDR) Waiver – Permanent Outdoor Seating, based on time and materials.

Analysis
Zoning Ordinance Amendments
The proposed Zoning Ordinance Amendments would extend the current regulations and continue to permit outdoor seating on a long-term temporary basis with the approval of a Temporary Use Permit, until September 30, 2023. This would also extend the expiration date for all existing approved Temporary Use Permits for temporary outdoor seating until September 30, 2023.

The existing regulations allow temporary outdoor seating to occupy up to 20% of the required parking for an eating and drinking establishment or an equivalent area without having to provide parking for the temporary outdoor seating. To provide greater flexibility to eating and drinking establishments, the proposed Zoning Ordinance Amendments include a minor modification to allow temporary outdoor seating to occupy 20% of the required parking or a minimum two parking spaces, whichever is greater. The remainder of the existing regulations for outdoor seating would remain unchanged.

The proposed amendments would continue to facilitate temporary outdoor seating for eating and drinking establishments to aid in economic recovery as the COVID-19 pandemic continues to evolve, and concerns about business operations and consumer preferences persist. The draft Ordinance is included as Attachment 1.

Fee Amendments
The California Constitution authorizes local governments to recover the reasonable costs of providing services. Temporary outdoor seating requires approval of a Temporary Use Permit (TUP) and permanent outdoor seating requires approval of a Site Development Review Waiver (SDRW). The current TUP application fee is $286 and the current SDRW application fee is $401.

However, those fees do not recover the full cost to process an application and instead require a General Fund subsidy.

The actual cost of Staff from Planning, Building, Public Works, and Fire Prevention to review a TUP 49

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for outdoor seating is estimated to be approximately $1,631 and the cost to review an SDRW for permanent outdoor seating is estimated to range from $2,929 to $4,529. These costs are eligible for reimbursement through the American Rescue Plans Act (ARPA) Budget. In April 2021, the City established an ARPA funded grant program to pay these application fees on behalf of eating and drinking establishment owners. Staff recommends extending the existing application fees that are due to expire on September 30, 2022, to recover the City’s full cost. The proposed fees would be valid until the City’s ARPA budget allocation is exhausted, or until September 30, 2023, whichever occurs first. Upon the ARPA budget allocation exhaustion, the TUP and SDR Waiver application fees would revert to the existing flat fee at that time. The draft Resolution, amending the Master Fee Schedule for outdoor seating is included as Attachment 2.

Consistency with the General Plan, Specific Plans, and Zoning Ordinance The proposed Zoning Ordinance Amendments are consistent with the General Plan and any applicable specific plan in that the amendments are necessary to facilitate outdoor seating for eating and drinking establishments to facilitate business operations and aid in economic recovery post-COVID-19. Specifically, General Plan Goal 11.6.1 call for the City to maintain small-business- friendly development services and Implementation Measure 11.6.1.B.3 to “implement permit/inspection process refinements: improve City procedures, as appropriate.” ENVIRONMENTAL DETERMINATION:

The California Environmental Quality Act (CEQA), together with State Guidelines and City of Dublin CEQA Guidelines and Procedures, require that certain projects be reviewed for environmental impacts and that environmental documents be prepared. The City Council will consider finding the proposed Zoning Ordinance Amendments exempt from the requirements of CEQA pursuant to CEQA Guidelines Section 15061(b)(3) because it can be seen with certainty that the amendments will not have a significant effect on the environment and are not subject to CEQA review. The City Council will also consider finding the proposed Master Fee Schedule Amendments exempt from the requirements of CEQA pursuant to CEQA Guidelines Section 15378(b)(4) because revising fees is not a project and, therefore, is exempt from the requirements of CEQA.

PLANNING COMMISSION REVIEW:

On June 28, 2022, the Planning Commission held a public hearing to consider the proposed Zoning Ordinance Amendments and unanimously adopted Resolution No. 22-10 (Attachment 3), recommending the City Council adopt amendments to the Zoning Ordinance to continue to facilitate outdoor seating for eating and drinking establishments on a long-term temporary basis.

STRATEGIC PLAN INITIATIVE:

None.

NOTICING REQUIREMENTS/PUBLIC OUTREACH:

In accordance with State law, a public notice was published in the East Bay Times on July 9, 2022, 50

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and July 14, 2022, and posted at several locations throughout the City. The City Council Agenda was posted.

ATTACHMENTS:
1) Ordinance Approving Amendments to Dublin Municipal Code Section 8.12.050 (Permitted and Conditionally Permitted Land Uses), Section 8.76.080 (Parking Requirements by Use Type), and Section 8.108.020 (Uses Permitted with a Temporary Use Permit) 2) Resolution Amending the Master Fee Schedule by Extending the Application Fee for Temporary Use Permit – Temporary Outdoor Seating and Site Development Review Waiver – Permanent Outdoor Seating Until September 30, 2023
3) Planning Commission Resolution No. 22-10
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Agenda Item 4.5
DATE: August 16, 2022
TO: Honorable Mayor and City Councilmembers
FROM: Linda Smith, City Manager
SUBJECT: Authorizing Remote Meetings of City Council and City Commissions Due to Increase in COVID-19 Cases
Prepared by: John Bakker, City Attorney
EXECUTIVE SUMMARY:

From March 2020 through September 2021, the City conducted meetings of its legislative bodies remotely pursuant to various executive orders that suspended certain Brown Act provisions. In October 2021, the City returned to in-person meetings and the Brown Act was amended to allow for teleconferencing during a state of emergency. Under the new law, AB 361, the City can continue to conduct virtual meetings where the Governor has proclaimed a State of Emergency, or state or local health officials have imposed or recommended social distancing, if the City Council makes certain required findings. From January 11 – February 10, 2022, and since May 3, 2022, the City Council has operated under a resolution pursuant to AB 361 authorizing teleconferenced meetings for at least 30 days. The City Council will consider adopting a resolution that would allow for virtual attendance for the next 30 days.

STAFF RECOMMENDATION:

FINANCIAL IMPACT:

None.
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DESCRIPTION:

On March 4, 2020, Governor Newsom declared a State of Emergency to make additional resources available, formalize emergency actions already underway across multiple state agencies and departments, and help the State address the broader spread of COVID-19.

On March 18, 2020, the City Council adopted a resolution ratifying the proclamation of a local state of emergency by the Director of Emergency Services due to COVID-19.

On March 17, 2020, in response to the COVID-19 pandemic, Governor Newsom issued Executive Order N-29-20, which suspended certain provisions of the Brown Act in order to allow local legislative bodies to conduct meetings telephonically or by other means. Additionally, the State implemented a shelter-in-place order, requiring all non-essential personnel to work from home.

At that time and through September 2021, the City’s legislative bodies met by teleconference. On June 11, 2021, Governor Newsom issued Executive Order N-08-21, which among other things, rescinded certain clauses of Executive Order N-29-20 after September 30, 2021, including clauses that suspended certain provisions of the Brown Act. Thus, effective October 1, 2021, agencies would have had to transition back to public meetings held in full compliance with the Brown Act.

The City of Dublin began meeting in person beginning in October 2021.

Since the Governor issued Executive Order N-08-21, the highly contagious Delta variant has emerged, causing a spike in cases throughout the state and within the Alameda County.

Additionally, since then, the Omicron variants have emerged and been designed as a variant of concern by the United States, and the number of cases in the City have increased over the last month.

On September 16, 2021, the Governor signed AB 361 (2021) which allows for local legislative and advisory bodies to continue to conduct meetings via teleconferencing under specified conditions and includes a requirement that the Council make specified findings. AB 361 took effect immediately.

AB 361 allows local legislative bodies to continue to meet remotely after the expiration of the clauses of Executive Order N-29-20. Under AB 361, the City and its legislative bodies may meet remotely when:
· The local agency holds a meeting during a declared state of emergency; · State or local health officials have imposed or recommended measures to promote social distancing;
· Legislative bodies declare the need to meet remotely due to present imminent risks to the health or safety of attendees.

On January 11, 2022, the City Council adopted a resolution authorizing remote teleconferenced meetings for a period of 30 days pursuant to AB 361. That resolution expired on February 10, 2022.
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At its April 19, 2022 meeting, the City Council directed Staff to bring a resolution to the May 3, 2022 meeting to allow the City Council and the City’s legislative bodies to meet virtually, including hybrid meetings, pursuant to AB 361. At its May 3, May 17, June 7, June 21, and July 19, 2022 meetings, the City Council adopted Resolution Nos. 39-22, 48-22, 65-22, 84-22, and 92-22 respectively, that included the necessary findings pursuant to AB 361 to allow the City Council and the City’s legislative bodies to meet remotely or in a hybrid format for 30 days.

The City meets the requirements to hold meetings remotely in order to ensure the health and safety of the public:
· The Governor has declared a State of Emergency, and the City Council has ratified the proclamation of a local emergency by the Director of Emergency Services; · The CDC recommends social distancing of at least six feet due to COVID-19; · There’s been an increase of COVID-19 cases within the state and throughout Alameda County;
· Meeting in person would present imminent risks to the health or safety of attendees, the legislative bodies, and staff.

The proposed resolution includes the necessary findings pursuant to AB 361 to allow the City Council and the City’s legislative bodies to meet remotely or in a hybrid format for the next 30 days. The City Council would need to adopt a subsequent resolution declaring the need to continue to meet remotely to allow for such meetings after that 30-day period.

STRATEGIC PLAN INITIATIVE:

None.

NOTICING REQUIREMENTS/PUBLIC OUTREACH:

The City Council Agenda was posted.

ATTACHMENTS:
1) Resolution Finding That There is a Proclaimed State of Emergency; Finding That Meeting in Person Would Present Imminent Risks to the Health or Safety of Attendees as a Result of the State of Emergency; and Authorizing Remote Teleconferenced Meetings of the Legislative Bodies of the City of Dublin Pursuant to AB 361
54 Attachment 1
Reso. No. XX-22, Item X.X, Adopted XX/XX/2022 Page 1 of 3 RESOLUTION NO. xx-22

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN
FINDING THAT THERE IS A PROCLAIMED STATE OF EMERGENCY; FINDING THAT MEETING

IN PERSON WOULD PRESENT IMMINENT RISKS TO THE HEALTH OR SAFETY OF ATTENDEES AS A RESULT OF THE STATE OF EMERGENCY; AND AUTHORIZING REMOTE

TELECONFERENCED MEETINGS OF THE LEGISLATIVE BODIES OF THE CITY OF DUBLIN PURSUANT TO AB 361
WHEREAS, all meetings of the City of Dublin’s legislative bodies are open and public, as required by the Ralph M. Brown Act (Cal. Gov. Code sections 54950 – 54963), so that any member of the public may attend, participate, and watch the City’s legislative bodies conduct their business; and
WHEREAS, on March 4, 2020, Governor Newsom declared a State of Emergency to make additional resources available, formalize emergency actions already underway across multiple state agencies and departments, and help the State prepare for a broader spread of the novel coronavirus disease 2019 (“COVID-19”); and
WHEREAS, on March 18, 2020, the City Council adopted a resolution ratifying the proclamation of a local emergency by the Director of Emergency Services due to COVID-19; and WHEREAS, on March 17, 2020, in response to the COVID-19 pandemic, Governor Newsom issued Executive Order N-29-20 suspending certain provisions of the Ralph M. Brown Act in order to allow local legislative bodies to conduct meetings telephonically or by other means; and WHEREAS, as a result of the COVID-19 pandemic, and pursuant to Executive Order N-29-20 and its successors, the City Council met primarily virtually through September 2021; and WHEREAS, on June 11, 2021, Governor Newsom issued Executive Order N-08-21, which, effective September 30, 2021, ended the provisions of Executive Order N-29-20 that allows local legislative bodies to conduct meetings telephonically or by other means; and WHEREAS, on September 16, 2021, Governor Newsom signed AB 361 (2021) which allows for local legislative bodies and advisory bodies to conduct meetings via teleconferencing under specified conditions and includes a requirement that the City Council make specified findings. AB 361 (2021) took effect immediately; and
WHEREAS, under AB 361 (2021), an agency meeting virtually requires that the Governor declare a State of Emergency pursuant to Government Code section 8625; and WHEREAS, AB 361 (2021) further requires that state or local officials have imposed or recommended measures to promote social distancing, or, requires that the legislative body determines that meeting in person would present imminent risks to the health and safety of attendees; and
WHEREAS, such conditions now exist in the City, specifically, Governor Newsom has 55 Reso. No. XX-22, Item X.X, Adopted XX/XX/2022 Page 2 of 3 declared a State of Emergency due to COVID-19; and
WHEREAS, since the issuance of Executive Order N-08-21, the highly contagious Delta variant of COVID-19 has emerged, causing an increase in COVID-19 cases throughout the State and Alameda County; and
WHEREAS, on November 30, 2021, the Omicron variant was designated as a variant of concern by the United States; and
WHEREAS, cases of the highly contagious Omicron variant, including a subvariant called BA.2, have caused surges of COVID-19 and there has been an increase in cases during the last month in Alameda County; and
WHEREAS, the Centers for Disease Control and Prevention (“CDC”) continues to recommend physical distancing of at least 6 feet from others outside of the household; and WHEREAS, because of the recent rise in COVID-19 cases due in part to the highly contagious Omicron variants of COVID-19, the City is concerned about the health and safety of all individuals who intend to attend City Council and meetings of the City’s other legislative bodies; and WHEREAS, the City Council finds that the imminent risks of the City’s legislative bodies holding in person meetings to the health or safety of attendees exists due in part to the Omicron variants of COVID-19; and
WHEREAS, the City Council finds, acting as a legislative body pursuant to Government Code section 54952(a) and for the benefit of all legislative bodies created by the City Council pursuant to Government Code section 54952(b), that the presence of COVID-19 and the Delta and Omicron variants would present imminent risks to the health or safety of attendees, staff, and members; and WHEREAS, teleconference meetings may include hybrid meetings, in which all or some members of the legislative body meet in person while others attend by teleconference, and members of the public are either allowed to participate only by teleconference or both in person and by teleconference (“hybrid meetings”). The purpose of hybrid meetings is to allow for multiple modes of attending meetings while reducing the risks of COVID-19, including the Delta and Omicron variants; and
WHEREAS, the City shall ensure that its meetings comply with the provisions required by AB 361 (2021) for holding teleconferenced meetings.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Dublin as follows:

1. The above recitals are true and correct, and incorporated into this Resolution.

2. In compliance with AB 361 (2021), and in order to continue to conduct teleconference meetings without complying with the usual teleconference meeting requirements of the Brown Act, the City Council makes the following findings:
a) The City Council has considered the circumstances of the state of emergency; and b) The state of emergency, as declared by the Governor and City Council, and as specifically related to the current increase in cases apparently resulting from the 56 Reso. No. XX-22, Item X.X, Adopted XX/XX/2022 Page 3 of 3 Omicron variant, directly impacts the ability of the City Council and the City’s legislative bodies, as well as staff and members of the public, to meet safely in person; and c) The CDC continues to recommend physical distancing of at least six feet due to COVID-19 and as a result of the presence of COVID-19 and the increase of cases due to the Omicron variant, meeting in person would present imminent risks to the health or safety of attendees, the legislative bodies and staff.

3. City staff is directed to facilitate any teleconference meetings, including hybrid meetings, of the City Council and City’s legislative bodies in compliance with AB 361, in order to better ensure the health and safety of the public for a period of thirty days following the adoption of this resolution.

PASSED, APPROVED, AND ADOPTED this 16th day of August 2022 by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:
______________________________
Mayor
ATTEST:
_____________________________
City Clerk
57 STAFF REPORT

CITY COUNCIL

Page 1 of 4 ends

Agenda Item 4.6
DATE: August 16, 2022
TO: Honorable Mayor and City Councilmembers
FROM: Linda Smith, City Manager
SUBJECT: City Treasurer's Informational Report of Investments for the Quarter Ending June 30, 2022
Prepared by: Chris Rhoades, Financial Analyst
EXECUTIVE SUMMARY:

The City Council will receive an informational report of the City’s investments through the quarter ending June 30, 2022 including a monthly transaction ledger. The City’s investment portfolio for this period totaled $378,308,853 (market value) with an average market yield of 2.48%. As required by the Policy, the City Treasurer (Administrative Services Director) affirms that the City is able to meet its expenditure requirements for the next six months.

STAFF RECOMMENDATION:

Receive the report of investments for the quarter ending June 30, 2022.

FINANCIAL IMPACT:

There is no financial impact resulting from this report. Investments are made in accordance with the City Investment Policy and State Law. Interest earned is apportioned between funds (i.e., General Fund, Gas Tax Fund, etc.) based upon their proportionate share of the total cash balance.

Based on the financial needs of the City including the timing of revenues and expenditures, the quarterly cash balance can vary from quarter to quarter.

DESCRIPTION:

The total investment portfolio (market value) consists of $238,517,564 managed by Chandler Asset Management, and $139,791,289 invested by the City in local government pools, the Local Agency Investment Fund (LAIF) and the California Asset Management Program (CAMP). The average market yield of the Chandler portfolio and the local pools was 3.20% and 1.23% respectively.

The total investment portfolio balance fluctuates throughout the year due to normal cash flow 58

Page 2 of 4 ends

needs and includes both discretionary and restricted funds.

Economic Update Highlights
The following are some highlights from the Economic Update included in the Investment Report prepared by Chandler (Attachment 1).

Financial markets are experiencing heightened volatility and tighter conditions as central banks employ more restrictive monetary policies to combat persistent inflation. The conflict between Russia and Ukraine has exacerbated inflationary pressures, particularly with energy and commodities, and strict COVID lockdowns in China are intensifying distressed supply chains.

Inflation is weighing heavily on consumer sentiment and beginning to impact discretionary spending. Labor markets remain strong, but wage gains are not keeping up with inflation. While Chandler expects the Fed to continue to tighten monetary policy, the Federal Open Market Committee (FOMC) has very little margin for error as it attempts to combat inflation without pushing the economy into a recession. Chandler continues to believe the risk of an economic slowdown later this year has increased. Over the near term, Chandler expects financial market volatility to remain intensified and conditions to remain tighter with persistent inflation, geopolitical risk, supply chain bottlenecks, and the Fed's shift to a more hawkish monetary policy.

City of Dublin Portfolio
The City's aggregate portfolio has maintained a healthy balance of investment types with minimal change from the prior quarter as shown below in Chart 1.

Chart 1: Investments by Type
June 30, 2022 and March 31, 2022
The market value of the City's portfolio increased by $7,402,752 from the March 31, 2022 quarter.

The quarterly change results from the normal fluctuations in the timing of incoming revenue, 59

Page 3 of 4 ends

predominantly the receipt of property tax allocations, and sales tax revenue; and expenditures on Capital Projects; as well as payments to Alameda County for Police and Fire Services. The City’s portfolio increased $46 million from the same quarter the prior year due to the excess of revenues over expenditures trending on an annual basis (see Table 1 below). Overall market yield-to- maturity stays has increased to 2.48% over the prior quarter’s 1.62% (shown in Table 2) due to the factors discussed in the Economic Update Highlights. For detailed monthly transactions, see Attachment 2.

Table 1: Portfolio Values and Yield to Maturity
Table 2: Quarterly Holdings (Market Value) by Type, and YTM, 5 Quarters June 30, 2021 March 31, 2022
Holdings
Market
Value
Market
Value
Par
Value
Book
Value
Market
Value
% of
Subtotal
% of Total
Portfolio
Book
Yield
Market
Yield
Managed by City
LAIF 50,323,677 50,424,445 50,464,181 50,464,181 50,464,181 36.1% 13.0% 0.94% 0.94% CAMP 47,323,490 79,661,872 89,240,308 89,240,308 89,240,308 63.9% 23.1% 1.40% 1.40% SUBTOTAL 97,647,167 130,086,317 139,704,489 139,704,489 139,704,489 100.00% 36.09% 1.23% 1.23% Accrued Interest 38,855 36,519 86,800 97,686,022 130,122,836 139,791,289 Managed by Chandler
ABS 9,835,052 22,814,841 27,436,052 27,433,321 26,693,153 11.2% 7.1% 1.46% 3.66% Agency 75,581,659 57,293,846 58,320,000 58,550,080 56,641,842 23.8% 15.1% 1.60% 2.97% CMO - 4,052,552 4,000,000 4,184,455 3,966,300 1.7% 1.0% 1.35% 3.36% Money Market 756,163 632,736 3,039,481 3,039,481 3,039,481 1.3% 0.8% 0.97% 0.97% Negotiable CD 2,499,825 4,978,673 2,500,000 2,500,036 2,486,275 1.0% 0.6% 0.25% 2.13% Supranational 19,043,767 19,609,525 20,740,000 20,710,489 19,403,787 8.2% 5.4% 0.85% 2.97% Corporate 54,161,172 66,644,264 65,640,000 66,100,638 62,892,216 26.5% 17.0% 1.96% 3.64% US Treasury 71,745,729 63,976,891 65,750,000 65,431,585 62,468,441 26.3% 17.0% 1.52% 2.99% SUBTOTAL 233,623,366 240,003,327 247,425,533 247,950,085 237,591,496 100.00% 63.91% 1.57% 3.20% Accrued Interest 949,741 779,938 926,068 234,573,108 240,783,265 238,517,564 TOTAL PORTFOLIO 332,259,129 370,906,101 387,130,022 387,654,574 378,308,853 100.00% 2.48% 49,045,334 46,049,724
(11,616,776) 7,402,752
June 30, 2022
Change from Prior Year
Change from Prior Quarter
Holdings (Market Value) 6/30/21 9/30/21 12/31/21 3/31/22 6/30/22 LAIF/CAMP 97,647,167 93,494,034 149,433,475 130,086,317 139,704,489 ABS 9,835,052 13,665,558 14,715,444 22,814,841 26,693,153 Agency 75,581,659 65,306,279 64,567,126 57,293,846 56,641,842 CMO - 2,138,464 2,102,544 4,052,552 3,966,300 Money Market 756,163 809,873 287,150 632,736 3,039,481 Negotiable CD 2,499,825 2,500,588 4,996,560 4,978,673 2,486,275 Supranational 19,043,767 22,656,506 22,424,573 19,609,525 19,403,787 Corporate 54,161,172 57,831,563 56,130,717 66,644,264 62,892,216 US Treasury 71,745,729 68,951,352 66,952,848 63,976,891 62,468,441 Accrued Interest 988,596 773,887 912,441 816,458 1,012,868 TOTAL 332,259,129 328,128,102 382,522,878 370,906,101 378,308,853 YIELD TO MATURITY 0.39% 0.44% 0.60% 1.62% 2.48%
60

Page 4 of 4 ends

Funds Managed by the City
The City participates in two local agency investment pools managed by government finance professionals and treasurers: the Local Agency Investment Fund (LAIF) and the California Asset Management Program (CAMP). Recent quarterly yields are shown below.

Table 3: Quarterly Portfolio Yields, Recent 8 Quarters
STRATEGIC PLAN INITIATIVE:

None.

NOTICING REQUIREMENTS/PUBLIC OUTREACH:

The City Council Agenda was posted.

ATTACHMENTS:
1) City of Dublin Investment Report for Period Ending June 30, 2022 2) Transaction Ledger – April through June 2022
Market Yield LAIF CAMP Chandler
6/30/20 1.15% 0.48% 0.36%
9/30/20 0.66% 0.25% 0.30%
12/31/20 0.52% 0.12% 0.27%
3/31/21 0.35% 0.07% 0.46%
6/30/21 0.25% 0.05% 0.49%
9/30/21 0.21% 0.05% 0.56%
12/31/21 0.22% 0.05% 0.91%
3/31/22 0.42% 0.07% 2.38%
6/30/22 0.94% 1.40% 3.20%
61 CHANDLER ASSET MANAGEMENT, INC. | 800.317.4747 | www.chandlerasset.com

INVESTMENT REPORT
Period Ending June 30, 2022
City of Dublin
Attachment 1
62 SECTION 1 Economic Update
SECTION 2 Account Profile
SECTION 3 Consolidated Information
SECTION 4 Portfolio Holdings
SECTION 5 Transactions
Table of Contents As of June 30, 2022
1 63
SECTION |
Section 1 |
Economic Update
2 64
Economic Update



Financial markets are experiencing he ightened volatility and tighter conditions as central banks employ more restrictive monetary policies to combat persistent inflation. The conflict between Russia and Ukraine has exacerbated inflationary pressures, particularly with energy and commodities, and strict COVID lockdowns in China are intensifying distressed supply chains. Inflation is weighing heavily on consumer sentiment and beginning to impact discretionary spending. Labor markets remain strong, but wage gains are not keeping up with inflation. While we expect the Fed to continue to tighten monetary policy, the FOMC has very little margin for error as it attempts to combat inflation without pushing the economy into a recession. We continue to believe the risk of an economic slowdown later this year has increased. Over the near- term, we expect financial market volatility to remain intensified and conditions to remain tighter with persistent inflation, geopolitical risk, supply chain bottlenecks, and the Fed's shift to a more hawkish monetary policy.

At the June meeting, persistently high inflation led the Federal Open Market Committee (FOMC) to announce a 0.75% federal funds rate increase to 1.50%- 1.75%. Federal Reserve Chair Powell indicated the committee may raise rates by 50 or 75 bps at the July meeting and continue to tighten as needed to dampen inflation. The Fed will continue shrinking its $9 trillion balance sheet by $47 billion per month as of June, increasing to $95 billion in September. We anticipate additional rates hikes as the Fed remains “committed” to the 2% long-term inflation target. In the second half of the year, monetary policy will be dependent on how the economy responds to tighter conditions.

In June, yields rose, and the curve flattened. The 2-year Treasury yield soared 40 basis points to 2.96%, the 5-year Treasury yield increased 22 basis points to 3.04%, and the 10-year Treasury yield rose 17 basis points to 3.02%. The spread between the 2-year and 10-year Treasury yield fell to 6 basis points at June month-end, down from 29 basis points at May month-end, and down significantly from 122 basis points one year ago. The spread between 3-month and 10-year treasuries is wider at about 135 basis points but continues to compress with each Fed rate hike. The shape of the curve bears watching but does not indicate a high probability of an imminent recession. 3 65
Source: US Department of Labor Source: US Department of Labor Employment
The U.S. economy a dded 372,000jobs in June, and job gains in May were revised down to 384,000from 390,000. Trends in employment remain strong, with the three-month moving average payrolls at 375,000and the six-month moving average at 457,000.Hiring was led by education and health services, followed by professional and business services, and leisure and hospitality. The unemployment rate remained unchanged at 3.6% for the fourth month, and the U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons, declined to a seasonally adjusted 6.7% rate. Average hourly earnings rose 5.1% year-over-year in June, easing from a revised 5.3% year-over-year gain in May, which reflects a continuing, slow deceleration in wage growth that could help ease broad cyclical price pressures. The labor participation rate decreased to 62.2%from 62.3%, suggesting a slower pace for workers returning to the labor market despite higher wages.
-5,000
-4,000
-3,000
-2,000
-1,000
0 1,000
2,000
3,000
4,000
5,000
MOM Change In (000's)
Nonfarm Payroll (000's)
Non-farm Payroll (000's)
3 month average (000's)

0.0%

4.0%

8.0%

12.0%

16.0%

20.0%

24.0%
Unemployment Rate
Underemployment Rate (U6)
Unemployment Rate (U3)
Rate (%)
4 66
Source: US Department of Labor Source: US Department of Commerce Inflation
The Consumer Price I ndex (CPI) hit a 40-year high in June with broad-based price increases for most goods and services. Headline CPI was up

9.1% year-over-year in June, surpassing expectations, up from 8.6% year-over-year in May. Core CPI (CPI less food and energy) was up 5.9% in June, down from 6.0% in May. Gasoline, shelter, and food were the largest contributors to the increase. The Personal Consumption Expenditures (PCE) index was up 6.3% year-over-year in May, unchanged from April. Core PCE was up 4.7% year-over-year in May, versus up

4.9% year-over-year in April. Persistently elevated levels of inflation are likely to keep the Federal Reserve on the path of tightening monetary policy as long as they continue to run well above the Fed’s longer-run target of around 2.0%.

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Personal Consumption Expenditures (PCE)
PCE Price Deflator YOY % Change
PCE Cor e Deflator Y OY % Change
YOY( %) Change

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Consumer Price Index (CPI)
CPI YOY % Change
Core CPI YOY % Change
YOY( %) Change
5 67
Retail sales rose 1.0% in June from an upwardly revised -0.1% in May, led by a significant dollar value increase in gasoline sales. The higher- than-expected results indicate consumer demand is holding up more than expected despite inflation. Retail sales growth is at risk as consumers dip into savings and assume more debt. On a year-over-year basis, retail sales were up 8.4% in June versus up 8.2% revised in May.

The Consumer Confidence index fell to 98.7 in June from a downwardly revised 103.2 in May. U.S. consumer savings rates are declining, and the wealth effect is waning from recent financial market declines. While the average consumer still has capacity to spend from accumulated savings, higher wages, and credit lines, consumer balance sheets and discretionary spending decisions are increasingly pressured by elevated gas, food, and shelter costs.

Source: US Department of Commerce Source: The Conference Board

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
Retail Sales YOY % Change
YOY (%) Change
80 90
100
110
120
130
140
Index Level
Consumer Confidence
Consumer
6 68
Source: The Conference Board Source: Federal Reserve Bank of Chicago Economic Activity
The Conference Board’s L eading Economic Index (LEI) decreased more than expected to -0.8% month-over-month in June, following a decline to -0.6% in May. Although the index is still in positive territory at +1.4% year-over-year versus +2.8% in May, the Conference Board indicated that economic growth is slowing and recession risk is increasing due to elevated inflation and monetary policy tightening. The Chicago Fed National Activity Index (CFNAI) is unchanged at -0.19. On a 3-month moving average basis, the CFNAI decreased to -0.04 in June from +0.09in May.
-4.00
-2.00

0.00 2.00

4.00 6.00
Chicago Fed National Activity Index (CFNAI)
3 Month Average
-1.0%
-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%
Leading Economic Indicators (LEI)
MOM ( %) Change
7 69
Source: US Department of Commerce Source: S&P
Housing
0 200
400
600
800
1000
1200
1400
1600
1800
2000
MOM Change (In Thousands of Units)
Housing Starts
Multi Family Housing Starts
Single Family Housing Starts

0.0%

3.0%

6.0%

9.0%

12.0%

15.0%

18.0%

21.0%

24.0%
S&P/Case-Shiller 20 City Composite Home Price Index
YOY( %) Change
Total housing starts de clined 2.0% to an annual rate of 1,559,000in June, from a revised 1,591,000in units in May. Single-family home starts fell by 8.1% and multi-family increased 15.0% month-over-month. On a year-over-year basis, total housing starts decreased 6.3%, driven by a drop in construction of single-family houses as homebuyers struggle with a combination of elevated prices and higher mortgage rates. According to the Case-Shiller 20-City home price index, home prices were up 21.2% in April versus 21.1% year-over-year in March, setting another new record. While tight supply has continued to support prices, rising mortgage rates and affordability could be headwinds to further price growth. 8 70
Source: Institute for Supply Management Source: Federal Reserve Manufacturing
The Institute for Suppl y Management (ISM) manufacturing index dropped sharply to a two-year low of 53.0in June from 56.1in May. Readings above 50.0 are indicative of expansion in the manufacturing sector. The decline was primarily driven by weakness in new orders due to softening consumer demand, supply constraints, and labor shortages. On a month-over-month basis, the Industrial Production index declined

0.2% in June, following a revised 0.0% change in May. Capacity utilization declined to 80.0% in June, from an upwardly revised 80.3% in May bringing it in line with its longer run average.
40 42
44 46
48 50
52 54
56 58
60 62
64 66
Institute of Supply Management Purchasing Manager Index

EXPANDING

CONTRACTING
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%
Industrial Production
YOY( %) Change
9 71
Source: US Department of Commerce Source: US Department of Commerce 6/21 9/21 12/21 3/22

7.9% 1.4% 1.8% 1.2%
-0.7% 2.1% 5.8% 0.9%
-0.2% -1.3% -0.2% -3.2%
-0.4% -0.4% -0.3% -0.5%

0.0% 0.5% -0.2% -0.1%

6.7% 2.3% 6.9% -1.6%
Gross Private Domestic Investment
Personal Consumption Expenditures
Components of GDP
Federal Government Expenditures
State and Local (Consumption and Gross
Investment)
Net Exports and Imports
Total
-35.0%
-30.0%
-25.0%
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Gross Domestic Product (GDP)
According to the t hird estimate, first quarter 2022GDP contracted at an annualized rate of 1.6%, revised down from the second estimate of a

1.5% decline, and following fourth quarter 2021growth of 6.9%. The weaker estimate reflects personal consumption expenditures growing at a slower 1.2% rate, as consumers spent more in services offset by a shift away from nondurable goods spending. The widening trade deficit was the most significant contributor to the contraction. The consensus estimate calls for 2.2% growth in the second quarter of 2022and 2.1% growth for full year 2022.
10 72
Federal Reserve
Source: Federal Reserve Source: Bloomberg
At the June m eeting, persistently high inflation led the Federal Open Market Committee (FOMC) to announce a 0.75% federal funds rate increase to 1.50% - 1.75%. Federal Reserve Chair Powell indicated the committee may raise rates by 50 or 75 bps at the July meeting and continue to tighten as needed to dampen inflation. Dot plot projections rose significantly from March, with the median fed funds target rate at

3.4% by the end of this year and 3.8% in 2023. The Fed will continue shrinking its $9 trillion balance sheet by $47 billion per month beginning this month, increasing to $95 billion in September. We anticipate additional rates hikes as the Fed remains “committed” to the 2% long-term inflation target. Although the FOMC views the economy as strong, the committee downgraded their economic outlook as trends cool later this year from tightening conditions.

0.00%

0.25%

0.50%

0.75%

1.00%

1.25%

1.50%

1.75%

2.00%

2.25%

2.50%

2.75%
Effective Federal Funds Rate
Yield (%)
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
Federal Reserve Balance Sheet Assets
In $ millions
11 73
Source: Bloomberg Source: Bloomberg

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%
US Treasury Note Yields
2-Year
5-Year
10-Year
Yield (%)

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%
US Treasury Yield Curve
Jun-22
Mar-22
Jun-21
Yield (%)
Bond Yields
At the end of June, the 2-year Treasury yield was 271basis points higher, and the 10-Year Treasury yield was about 155 basis points higher, year- over-year. The spread between the 2-year Treasury yield and 10-year Treasury yield fell to 6 basis points at June month-end, down from 29 basis points at May month-end, which is narrow compared to the average historical spread (since 2003)of about 130 basis points. The spread between 3-month and 10-year treasuries is wider at about 135 basis points but continues to compress with each Fed rate hike. The shape of the curve bears watching but does not indicate a high probability of an imminent recession. 12 74
Section 2|SECTION |
Section 2 |
Account Profile
13 75
Objectives
Chandler Asset Management Performance Objective
The performance objective of the City of Dublin is to earn a return that equals or exceeds the return on of the ICE BofA 1-5 Year Treasury and Agency Index.

Investment Objectives
The investment objectives of the City of Dublin are first, to provide safety of principal; second, to provide adequate liquidity to meet all requirements which might be reasonably anticipated; third, to attain a market average rate of return on its investments throughout economic cycles; and fourth, to be diversified to avoid incurring unreasonable and avoidable risks regarding specific security types or individual financial institutions.

Strategy
In order to achieve this objective, the portfolio invests in high quality fixed income instruments consistent with the City's investment policy and California Government Code.

As of June 30, 2022
14 76
Compliance As of June 30, 2022
Category Standard Comment
U.S. Treasury Issues No limitations; Full faith and credit of the U.S. are pledged for payment of principal and interest. Complies Federal Agenci es 35% max per agency i ssuer; 25% max cal l abl es for agency securi ti es; Federal Agenci es or U.S. Government Sponsored Enterpri ses (GSE), participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or U.S. GSEs. Complies Municipal Se curitie s "A" rated or higher by a NRSRO; 5% max per issuer; Obligations of the State of California, any of the other 49 states, or any local agency within the state of California; Complies
Supranational Securities
"A A " rating cate gory or be tte r by a N ationally Re cognize d Statistical Rating Organization ("N RSRO"); 30% m axim um ; 10% m ax pe r issue r; U.S. dollar denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Development ("IBRD"), the International Finance Corporation ("IFC") or the Inter-American Development Bank ("IADB") Complies
Asset-Backed Securi ti es/Mortgage-
Backe d Se curitie s/ Collate ralize d
Mortgage Obligations
"AA" rated or higher by a NRSRO; 20% maximum (combined); 5% max per issuer Complies Corporate Medi um Term Notes "A" rated or higher by a NRSRO; 30% maximum; 5% max per issuer; Issued by corporations organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S. Complies Negoti abl e Certi fi cates of Deposi t
"A" long-term debt rated and/or "A-1" short-term rated or higher by a NRSRO; 30% maximum; 5% max per issuer; 20% max amount invested in NCDs with any one financial institution in combination with any other debt from that financial institution; Issued by a nationally or state-chartered bank, a savings association or a federal association, a state or federal credit union, or by a state-licensed branch of a foreign bank.

Complies
Ti me Deposi ts/ Certi fi cates of Deposi t 10% maximum; Collateralized/FDIC Insured; 1 year max maturity Complies Commerci al Paper
"A-1" rated or higher by a NRSRO; 25% maximum; 5% max per issuer; 10% max of the outstanding commercial paper of an issuing corporation; 20% max amount invested in CP of any one issuer in combination with any other debt from that issuer; 270 days max maturity; Issuer of the commercial paper shall meet all conditions in either A) (1) Organized and operating in the U.S. as a general corp, (2) Has AUM > $500 million, (3) "A" rated issuer debt (if any) or higher by a NRSRO; or B) (1) Organized in the U.S. as a special purpose corp, trust, LLC, (2) Has program wide credit enhancements including, but not limited to, over collateralization, LOC, or surety bond, (3) "A-1" rated or higher by a NRSRO Complies
Banker’s Acceptances "A-1" short-term rated or higher by a NRSRO; 40% maximum; 5% max per issuer; 20% max amount invested in BA with any one financial institution in combination with any other debt from that financial institution; 180 days max maturity Complies Money Market Mutual Funds and
Mutual Funds
Highest rating or "AAA" rated by two NRSROs; SEC registered adviser with AUM >$500 million and experience > 5 years; 20% maximum in Mutual Funds and Money Market Mutual Funds; 20% max in Money Market Mutual Fund; 10% max per one Mutual Fund Complies Local Agency Investment Fund (LAIF) Maximum permitted by LAIF; Not used by investment adviser Complies California Asset Management Program
(CAMP) Issued by joint powers authority organized pursuant to California Government Code; Not used by investment adviser Complies Prohibited Securities Inverse floaters; Ranges notes, Mortgage-derived, Interest-only strips; Any investment in a security not specifically listed as an Authorized and Suitable Investment in the policy. Complies
Max Per Issuer 5% max per issuer, except US Government, its Agencies and instrumentalities (including agency backed-mortgage pools), Supranational securities, or Money Market Mutual Funds Complies
Maxi mum Maturi ty 5 years, unless otherwise stated in the policy Complies City of Dublin
Assets managed by Chandler Asset Management are in full compliance with state law and with the City's investment policy. 15 77
Portfolio Characteristics
City of Dublin
06/30/22 03/31/22
Benchmark* Portfolio Portfolio
Average Maturity (yrs) 2.61 2.69 2.71
Average Modified Duration 2.51 2.39 2.45
Average Purchase Yield n/a 1.57% 1.52%
Average Market Yield 2.98% 3.20% 2.38%
Average Quality** AAA AA/Aa1 AA/Aa1
Total Market Value 238,517,564 240,783,265
*ICE BofA 1-5 Yr US Treasury & Agency Index
**Benchmark is a blended rating of S&P, Moody’s, and Fitch. Portfolio is S&P and Moody’s respectively.

As of June 30, 2022
16 78
City of Dublin
Sector Distribution
ABS

11.2%
Agency

23.9%
CMO

1.7%
Corporate

26.5%
Money Market
Fund

1.3%
Negotiable CD

1.0%
Supranational

8.2%
US Treasury

26.3%
June 30, 2022 March 31, 2022
ABS

9.5%
Agency

23.9%
CMO

1.7%
Corporate

27.8%
Money Market
Fund

0.3%
Negotiable CD

2.1%
Supranational

8.2%
US Treasury

26.6%
As of June 30, 2022
17 79
Issue Name Investment Type % Portfolio
Government of United States US Treasury 26.28%
Federal National Mortgage Association Agency 9.61%
Federal Home Loan Bank Agency 7.31%
Inter-American Dev Bank Supranational 4.95%
Federal Home Loan Mortgage Corp Agency 4.24%
Intl Bank Recon and Development Supranational 3.20%
Federal Farm Credit Bank Agency 2.70%
Honda Motor Corporation Corporate 1.86%
Hyundai Auto Receivables ABS 1.78%
Federal Home Loan Mortgage Corp CMO 1.67%
JP Morgan Chase & Co Corporate 1.67%
Bank of America Corp Corporate 1.51%
Amazon.com Inc Corporate 1.47%
Qualcomm Inc Corporate 1.47%
Royal Bank of Canada Corporate 1.43%
Toronto Dominion Holdings Corporate 1.35%
Toyota Lease Owner Trust ABS 1.28%
First American Govt Oblig Fund Money Market Fund 1.27%
Apple Inc Corporate 1.25%
John Deere ABS ABS 1.25%
Honda ABS ABS 1.23%
Metlife Inc Corporate 1.20%
Morgan Stanley Corporate 1.19%
GM Financial Automobile Leasing Trust ABS 1.11%
US Bancorp Corporate 1.06%
Svenska Handelsbanken NY Negotiable CD 1.04%
Chubb Corporation Corporate 1.04%
Honeywell Corp Corporate 0.99%
Hyundai Auto Lease Securitization ABS 0.95%
Toyota Motor Corp Corporate 0.94%
Bank of Montreal Chicago Corporate 0.93%
PNC Financial Services Group Corporate 0.93%
American Express ABS ABS 0.92%
Berkshire Hathaway Corporate 0.92%
Deere & Company Corporate 0.83%
United Health Group Inc Corporate 0.76%
GM Financial Securitized Term Auto Trust ABS 0.76%
Charles Schwab Corp/The Corporate 0.75%
Issuers
City of Dublin – Account #10198
As of June 30, 2022
18 80
Issue Name Investment Type % Portfolio
BMW Vehicle Lease Trust ABS 0.59%
Target Corp Corporate 0.53%
Bank of New York Corporate 0.51%
Caterpillar Inc Corporate 0.49%
Mercedes-Benz Auto Lease Trust ABS 0.46%
Dominion Resources Inc Corporate 0.42%
BMW ABS ABS 0.35%
Guardian Life Global Funding Corporate 0.31%
Merck & Company Corporate 0.31%
Toyota ABS ABS 0.28%
Nissan ABS ABS 0.23%
Wal-Mart Stores Corporate 0.22%
Salesforce.com Inc Corporate 0.19%
TOTAL 100.00%
Issuers
City of Dublin – Account #10198
As of June 30, 2022
19 81
AAA AA A <A NR
06/30/22 20.4% 56.6% 19.7% 0.4% 3.0%
03/31/22 17.6% 59.1% 19.0% 1.2% 3.0%
Source: S&P Ratings
June 30, 2022 vs. March 31, 2022

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%
AAA AA A <A NR
06/30/22 03/31/22
Quality Distribution
City of Dublin
As of June 30, 2022
20 82

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ City of Dublin ICE BofA 1-5 Yr US Treasury & Agency Index Portfolio Compared to the Benchmark
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ Portfolio 2.3% 1.6% 6.8% 31.5% 28.1% 18.1% 11.6% 0.0%
Benchmark* 0.0% 0.0% 1.8% 36.1% 27.6% 20.0% 14.5% 0.0%
*ICE BofA 1-5 Yr US Treasury & Agency Index
Duration Distribution
City of Dublin
As of June 30, 2022
21 83
-5.00%
-4.00%
-3.00%
-2.00%
-1.00%

0.00%

1.00%

2.00%
12 months 2 years 3 years 5 years 10 years Since Inception City of Dublin ICE BofA 1-5 Yr US Treasury & Agency Index* Total Rate of Return Annualized Since Inception October 31, 2013 Annualized
TOTAL RATE OF RETURN 3 months 12 months 2 years 3 years 5 years 10 years Since Inception
City of Dublin -0.93% -4.51% -2.18% 0.23% 1.08% N/A 1.09% ICE BofA 1-5 Yr US Treasury & Agency Index* -0.82% -4.60% -2.45% 0.04% 0.91% N/A 0.92% *ICE BofA 1-3 Yr US Treasury & Agency Index to 12/31/14 Total rate of return: A measure of a portfolio’s performance over time. It is the internal rate of return, which equates the beginning value of the portfolio with the ending value; it includes interest earnings, realized and unrealized gains and losses in the portfolio.

Investment Performance
City of Dublin
As of June 30, 2022
22 84
Portfolio Characteristics
City of Dublin Reporting Account
06/30/22
Portfolio
03/31/22
Portfolio
Average Maturity (yrs) 0.00 0.00
Modified Duration 0.00 0.00
Average Purchase Yield 1.23% 0.32%
Average Market Yield 1.23% 0.32%
Average Quality* AAA/NR AAA/NR
Total Market Value 139,791,289 130,122,836
*Portfolio is S&P and Moody’s, respectively.

As of June 30, 2022
23 85
City of Dublin Reporting Account
Sector Distribution
LAIF

36.2%
Local Gov
Investment Pool

63.8%
June 30, 2022 March 31, 2022
LAIF

38.8%
Local Gov
Investment Pool

61.2%
As of June 30, 2022
24 86
Issue Name Investment Type % Portfolio
CAMP Local Gov Investment Pool 63.84%
Local Agency Investment Fund LAIF 36.16%
TOTAL 100.00%
Issuers
City of Dublin Reporting Account – Account #10219
As of June 30, 2022
25 87
SECTION |
Section 3 |
Consolidated Information
26 88
Portfolio Characteristics
City of Dublin Consolidated
06/30/22 03/31/22
Portfolio Portfolio
Average Maturity (yrs) 1.70 1.76
Modified Duration 1.51 1.59
Average Purchase Yield 1.45% 1.10%
Average Market Yield 2.48% 1.66%
Average Quality* AA+/Aa1 AA+/Aa1
Total Market Value 378,308,853 370,906,101
* Portfolio is S&P and Moody’s respectively.

As of June 30, 2022
27 89
City of Dublin Consolidated
Sector Distribution
ABS

7.1%
Agency

15.0%
CMO

1.1%
Corporate

16.7%
LAIF

13.4%
Local Gov
Investment Pool

23.6%
Money Market
Fund

0.8%
Negotiable CD

0.7%
Supranational

5.1%
US Treasury

16.6%
June 30, 2022 March 31, 2022
ABS

6.2%
Agency

15.5%
CMO

1.1%
Corporate

18.1%
LAIF

13.6%
Local Gov
Investment Pool

21.5%
Money Market
Fund

0.2%
Negotiable CD

1.3%
Supranational

5.3%
US Treasury

17.3%
As of June 30, 2022
28 90
SECTION |
Section 4 |
Portfolio Holdings
29 91
Holdings Report
City of Dublin - Account #10198
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
44891VAC5 Hyundai Auto Lease Trust 2021-B A3

0.330% Due 06/17/2024
1,420,000.00 06/08/2021

0.34%
1,419,787.00
1,419,885.59

97.40 3.49%
1,383,106.98
208.27

0.58%
(36,778.61)
Aaa / AAA
NR

1.97 0.83
65479JAD5 Nissan Auto Receivables Owner 2019-C A3

1.930% Due 07/15/2024
542,427.40 10/16/2019

1.94%
542,398.76
542,415.05

99.70 2.98%
540,808.25
465.28

0.23%
(1,606.80)
Aaa / AAA
NR

2.04 0.29
89237VAB5 Toyota Auto Receivables Trust 2020-C A3

0.440% Due 10/15/2024
688,014.31 07/21/2020

0.44%
687,961.34
687,985.54

98.63 3.28%
678,613.28
134.55

0.28%
(9,372.26)
Aaa / AAA
NR

2.30 0.48
43813KAC6 Honda Auto Receivables Trust 2020-3 A3

0.370% Due 10/18/2024
935,334.46 09/22/2020

0.38%
935,197.06
935,273.86

98.19 3.38%
918,395.55
124.97

0.39%
(16,878.31)

NR / AAA
AAA

2.30 0.60
89239CAC3 Toyota Lease Owner Trust 2021-B A3

0.420% Due 10/21/2024
1,090,000.00 07/27/2021

0.40%
1,089,985.28
1,089,990.72

96.35 3.69%
1,050,260.78
139.88

0.44%
(39,729.94)
Aaa / NR
AAA

2.31 1.13
47787NAC3 John Deere Owner Trust 2020-B A3

0.510% Due 11/15/2024
320,275.78 07/14/2020

0.52%
320,226.97
320,254.18

98.35 3.33%
314,996.67

72.60 0.13%
(5,257.51)
Aaa / NR
AAA

2.38 0.58
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-B A3

0.400% Due 11/15/2024
1,135,000.00 06/22/2021

0.40%
1,134,914.31
1,134,948.13

96.81 3.55%
1,098,819.61
201.78

0.46%
(36,128.52)

NR / AAA
AAA

2.38 1.02
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.330% Due 12/26/2024
710,000.00 09/08/2021

0.34%
709,926.73
709,952.21

97.07 3.49%
689,192.04

39.05 0.29%
(20,760.17)
Aaa / NR
AAA

2.49 0.93
44891WAC3 Hyundai Auto Lease Trust 2022-A A3

1.160% Due 01/15/2025
910,000.00 01/11/2022

1.16%
909,979.89
909,983.90

96.61 3.66%
879,118.24
469.16

0.37%
(30,865.66)
Aaa / AAA
NR

2.55 1.37
89238LAC4 Toyota Lease Owner Trust 2022-A A3

1.960% Due 02/20/2025
2,045,000.00 02/23/2022

1.98%
2,044,678.12
2,044,725.08

97.47 3.55%
1,993,189.93
1,224.73

0.84%
(51,535.15)

NR / AAA
AAA

2.65 1.61
36265MAC9 GM Financial Auto Lease Trust 2022-1 A3

1.900% Due 03/20/2025
1,680,000.00 02/15/2022

1.91%
1,679,985.55
1,679,987.90

97.35 3.70%
1,635,417.84
975.33

0.69%
(44,570.06)
Aaa / NR
AAA

2.72 1.50
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.100% Due 03/25/2025
755,000.00 01/11/2022

1.05%
754,887.13
754,910.24

96.55 3.84%
728,948.73
138.42

0.31%
(25,961.51)

NR / AAA
AAA

2.74 1.27
36266FAC3 GM Financial Auto Lease Trust 2022-2 A3

3.420% Due 06/20/2025
1,020,000.00 05/03/2022

3.45%
1,019,893.61
1,019,900.38

99.49 3.74%
1,014,790.86
1,065.90

0.43%
(5,109.52)

NR / AAA
AAA

2.98 1.71
47788UAC6 John Deere Owner Trust 2021-A A3

0.360% Due 09/15/2025
800,000.00 03/02/2021

0.37%
799,846.24
799,902.13

96.15 3.93%
769,206.40
128.00

0.32%
(30,695.73)
Aaa / NR
AAA

3.21 1.08
44933LAC7 Hyundai Auto Receivables Trust 2021-A A3

0.380% Due 09/15/2025
725,000.00 04/20/2021

0.38%
724,923.73
724,953.13

96.59 3.80%
700,271.70
122.44

0.29%
(24,681.43)

NR / AAA
AAA

3.21 1.00
44934KAC8 Hyundai Auto Receivables Trust 2021-B A3

0.380% Due 01/15/2026
2,065,000.00 07/20/2021

0.39%
2,064,544.25
2,064,678.79

96.00 3.62%
1,982,402.07
348.76

0.83%
(82,276.72)

NR / AAA
AAA

3.55 1.25
43815GAC3 Honda Auto Receivables Trust 2021-4 A3

0.880% Due 01/21/2026
765,000.00 11/16/2021

0.89%
764,838.74
764,868.54

95.37 3.78%
729,605.75
187.00

0.31%
(35,262.79)
Aaa / NR
AAA

3.56 1.62
As of June 30, 2022
30 92
Holdings Report
City of Dublin - Account #10198
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
47789QAC4 John Deere Owner Trust 2021-B A3

0.520% Due 03/16/2026
965,000.00 07/13/2021

0.52%
964,913.92
964,936.20

94.89 3.90%
915,720.35
223.02

0.38%
(49,215.85)
Aaa / NR
AAA

3.71 1.53
44935FAD6 Hyundai Auto Receivables Trust 2021-C A3

0.740% Due 05/15/2026
545,000.00 11/09/2021

0.75%
544,878.36
544,902.16

95.56 3.57%
520,775.84
179.24

0.22%
(24,126.32)

NR / AAA
AAA

3.88 1.59
43815BAC4 Honda Auto Receivables Trust 2022-1 A3

1.880% Due 05/15/2026
1,315,000.00 02/15/2022

1.89%
1,314,802.22
1,314,823.73

96.81 3.55%
1,273,009.42
1,098.76

0.53%
(41,814.31)
Aaa / AAA
NR

3.88 1.94
05602RAD3 BMW Vehicle Owner Trust 2022-A A3

3.210% Due 08/25/2026
850,000.00 05/10/2022

3.23%
849,955.80
849,957.51

98.96 4.46%
841,147.25
454.75

0.35%
(8,810.26)
Aaa / AAA
NR

4.16 0.85
362554AC1 GM Financial Securitized Term 2021-4 A3

0.680% Due 09/16/2026
585,000.00 10/13/2021

0.66%
584,985.08
584,988.12

94.95 4.17%
555,429.42
165.75

0.23%
(29,558.70)
Aaa / AAA
NR

4.22 1.47
47787JAC2 John Deere Owner Trust 2022-A A3

2.320% Due 09/16/2026
1,005,000.00 03/10/2022

2.34%
1,004,777.69
1,004,796.29

97.45 3.74%
979,401.65
1,036.27

0.41%
(25,394.64)
Aaa / NR
AAA

4.22 1.82
448977AD0 Hyundai Auto Receivables Trust 2022-A A3

2.220% Due 10/15/2026
1,080,000.00 03/09/2022

2.23%
1,079,958.42
1,079,962.17

96.92 3.83%
1,046,737.09
1,065.60

0.44%
(33,225.08)

NR / AAA
AAA

4.30 1.95
380146AC4 GM Financial Auto Receivables 2022-1 A3

1.260% Due 11/16/2026
500,000.00 01/11/2022

1.23%
499,956.55
499,962.39

95.68 4.09%
478,385.00
262.50

0.20%
(21,577.39)

NR / AAA
AAA

4.38 1.55
362585AC5 GM Financial Securitized ART 2022-2 A3

3.100% Due 02/16/2027
780,000.00 04/05/2022

3.13%
779,836.98
779,847.27

99.09 3.60%
772,935.54
1,007.50

0.32%
(6,911.73)
Aaa / AAA
NR

4.64 1.90
02582JJT8 American Express Credit Trust 2022-2 A

3.390% Due 05/17/2027
2,205,000.00 05/17/2022

3.42%
2,204,512.25
2,204,529.30

99.89 3.46%
2,202,466.46
3,322.20

0.92%
(2,062.84)

NR / AAA
AAA

4.88 2.68
TOTAL ABS 27,436,051.95 1.46%
27,432,551.98
27,433,320.51 3.66%
26,693,152.70
14,861.71

11.20%
(740,167.81)
Aaa / AAA
Aaa

3.28 1.43
Agency
3135G0T94 FNMA Note

2.375% Due 01/19/2023
2,500,000.00 03/28/2018

2.70%
2,463,675.00
2,495,823.76

99.94 2.48%
2,498,550.00
26,718.75

1.06%
2,726.24
Aaa / AA+
AAA

0.56 0.54
313383QR5 FHLB Note

3.250% Due 06/09/2023
1,500,000.00 08/28/2018

2.87%
1,525,005.00
1,504,915.02
100.30

2.92%
1,504,512.00
2,979.17

0.63%
(403.02)
Aaa / AA+
NR

0.94 0.92
3137EAEN5 FHLMC Note

2.750% Due 06/19/2023
2,000,000.00 07/16/2018

2.88%
1,988,360.00
1,997,714.73

99.74 3.03%
1,994,700.00
1,833.33

0.84%
(3,014.73)
Aaa / AA+
AAA

0.97 0.95
3135G05G4 FNMA Note

0.250% Due 07/10/2023
2,350,000.00 07/08/2020

0.32%
2,344,947.50
2,348,274.31

97.35 2.88%
2,287,769.65
2,790.63

0.96%
(60,504.66)
Aaa / AA+
AAA

1.03 1.01
3133EKZK5 FFCB Note

1.600% Due 08/14/2023
4,000,000.00 08/26/2019

1.54%
4,009,000.00
4,002,542.13

98.53 2.94%
3,941,212.00
24,355.56

1.66%
(61,330.13)
Aaa / AA+
AAA

1.12 1.09
313383YJ4 FHLB Note

3.375% Due 09/08/2023
5,000,000.00 Various

2.90%
5,102,615.00
5,025,954.17
100.51

2.93%
5,025,585.00
52,968.76

2.13%
(369.17)
Aaa / AA+
NR

1.19 1.15
As of June 30, 2022
31 93
Holdings Report
City of Dublin - Account #10198
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
3130A0F70 FHLB Note

3.375% Due 12/08/2023
5,000,000.00 Various

2.73%
5,147,870.00
5,043,218.79
100.57

2.97%
5,028,390.00
10,781.25

2.11%
(14,828.79)
Aaa / AA+
AAA

1.44 1.39
3135G0V34 FNMA Note

2.500% Due 02/05/2024
2,000,000.00 02/27/2019

2.58%
1,992,340.00
1,997,518.89

99.36 2.91%
1,987,122.00
20,277.78

0.84%
(10,396.89)
Aaa / AA+
AAA

1.60 1.54
3130A1XJ2 FHLB Note

2.875% Due 06/14/2024
3,795,000.00 Various

1.96%
3,958,639.85
3,859,091.59

99.72 3.02%
3,784,415.75
5,152.24

1.59%
(74,675.84)
Aaa / AA+
NR

1.96 1.88
3133EKWV4 FFCB Note

1.850% Due 07/26/2024
2,500,000.00 08/13/2019

1.65%
2,524,140.00
2,510,093.94

97.97 2.87%
2,449,265.00
19,913.19

1.04%
(60,828.94)
Aaa / AA+
AAA

2.07 2.00
3130A2UW4 FHLB Note

2.875% Due 09/13/2024
2,000,000.00 10/10/2019

1.58%
2,122,020.00
2,054,600.39

99.67 3.03%
1,993,472.00
17,250.00

0.84%
(61,128.39)
Aaa / AA+
AAA

2.21 2.10
3135G0W66 FNMA Note

1.625% Due 10/15/2024
2,000,000.00 11/08/2019

1.80%
1,983,400.00
1,992,276.71

97.00 2.99%
1,939,918.00
6,861.11

0.82%
(52,358.71)
Aaa / AA+
AAA

2.30 2.22
3135G0X24 FNMA Note

1.625% Due 01/07/2025
4,200,000.00 Various

1.18%
4,287,898.80
4,245,841.16

96.64 3.02%
4,058,766.60
32,987.50

1.72%
(187,074.56)
Aaa / AA+
AAA

2.53 2.42
3137EAEP0 FHLMC Note

1.500% Due 02/12/2025
4,200,000.00 Various

1.23%
4,254,786.30
4,229,057.72

96.21 3.02%
4,040,660.40
24,325.00

1.70%
(188,397.32)
Aaa / AA+
AAA

2.62 2.52
3135G03U5 FNMA Note

0.625% Due 04/22/2025
1,825,000.00 04/22/2020

0.67%
1,821,240.50
1,822,885.28

93.60 3.02%
1,708,132.48
2,186.20

0.72%
(114,752.80)
Aaa / AA+
AAA

2.81 2.75
3135G04Z3 FNMA Note

0.500% Due 06/17/2025
3,435,000.00 06/17/2020

0.54%
3,427,889.55
3,430,782.07

92.85 3.04%
3,189,431.85
667.92

1.34%
(241,350.22)
Aaa / AA+
AAA

2.97 2.90
3137EAEU9 FHLMC Note

0.375% Due 07/21/2025
1,745,000.00 07/21/2020

0.48%
1,736,309.90
1,739,683.03

92.34 3.02%
1,611,291.12
2,908.33

0.68%
(128,391.91)
Aaa / AA+
AAA

3.06 2.99
3135G05X7 FNMA Note

0.375% Due 08/25/2025
2,755,000.00 08/25/2020

0.47%
2,742,106.60
2,746,863.87

91.94 3.08%
2,532,869.86
3,615.94

1.06%
(213,994.01)
Aaa / AA+
AAA

3.16 3.08
3137EAEX3 FHLMC Note

0.375% Due 09/23/2025
2,655,000.00 09/23/2020

0.44%
2,647,008.45
2,649,830.03

91.79 3.06%
2,437,143.98
2,710.31

1.02%
(212,686.05)
Aaa / AA+
AAA

3.24 3.16
3135G06G3 FNMA Note

0.500% Due 11/07/2025
2,860,000.00 11/09/2020

0.57%
2,849,761.20
2,853,112.28

91.91 3.06%
2,628,634.58
2,145.00

1.10%
(224,477.70)
Aaa / AA+
AAA

3.36 3.28
TOTAL Agency 58,320,000.00 1.60%
58,929,013.65
58,550,079.87 2.97%
56,641,842.27
263,427.97

23.86%
(1,908,237.60)
Aaa / AA+
Aaa

2.01 1.95
CMO
3137BFE98 FHLMC K041 A2

3.171% Due 10/25/2024
2,000,000.00 07/01/2021

0.72%
2,151,406.25
2,105,420.76

99.53 3.32%
1,990,626.00
5,285.00

0.84%
(114,794.76)
Aaa / AAA
AAA

2.32 2.11
As of June 30, 2022
32 94
Holdings Report
City of Dublin - Account #10198
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
3137BSRE5 FHLMC K059 A2

3.120% Due 09/25/2026
2,000,000.00 02/18/2022

1.98%
2,085,625.00
2,079,034.47

98.78 3.41%
1,975,674.00
5,200.00

0.83%
(103,360.47)

NR / AAA
AAA

4.24 3.81
TOTAL CMO 4,000,000.00 1.35%
4,237,031.25
4,184,455.23 3.36%
3,966,300.00
10,485.00

1.67%
(218,155.23)
Aaa / AAA
Aaa

3.28 2.96
Corporate
58933YAF2 Merck & Co Note

2.800% Due 05/18/2023
740,000.00 10/26/2018

3.41%
720,996.80
736,327.50

99.65 3.20%
737,423.32
2,474.89

0.31%
1,095.82
A1 / A+
A+

0.88 0.86
46625HRL6 JP Morgan Chase Callable Note Cont 3/18/2023

2.700% Due 05/18/2023
500,000.00 12/20/2018

3.74%
479,055.00
495,813.61

99.55 3.22%
497,730.50
1,612.50

0.21%
1,916.89
A2 / A-
AA-

0.88 0.86
69353RFL7 PNC Bank Callable Note Cont 5/9/2023

3.500% Due 06/08/2023
2,210,000.00 Various

3.53%
2,206,955.80
2,209,428.82
100.01

3.49%
2,210,179.01
4,941.80

0.93%
750.19
A2 / A
A+

0.94 0.91
02665WCJ8 American Honda Finance Note

3.450% Due 07/14/2023
1,000,000.00 Various

3.54%
996,275.00
999,165.90
100.06

3.39%
1,000,616.00
16,004.17

0.43%
1,450.10
A3 / A-
A

1.04 1.00
06406RAJ6 Bank of NY Mellon Corp Note

3.450% Due 08/11/2023
1,200,000.00 08/24/2018

3.42%
1,201,836.00
1,200,412.06
100.30

3.17%
1,203,616.80
16,100.00

0.51%
3,204.74
A1 / A
AA-

1.12 1.07
06051GHF9 Bank of America Corp Callable Note 1X 3/5/2023

3.550% Due 03/05/2024
2,400,000.00 Various

3.15%
2,434,650.00
2,407,821.63

99.71 3.55%
2,392,987.20
27,453.33

1.01%
(14,834.43)
A2 / A-
AA-

1.68 1.60
89114QCB2 Toronto Dominion Bank Note

3.250% Due 03/11/2024
2,300,000.00 03/26/2019

2.95%
2,331,234.00
2,310,681.68

99.50 3.56%
2,288,403.40
22,840.28

0.97%
(22,278.28)
A1 / A
AA-

1.70 1.62
037833CU2 Apple Inc Callable Note Cont 3/11/2024

2.850% Due 05/11/2024
3,000,000.00 Various

2.56%
3,038,334.00
3,014,021.07

99.37 3.20%
2,980,968.00
11,875.00

1.25%
(33,053.07)
Aaa / AA+
NR

1.87 1.79
023135BW5 Amazon.com Inc Note

0.450% Due 05/12/2024
1,865,000.00 05/10/2021

0.50%
1,862,277.10
1,863,308.13

95.16 3.14%
1,774,676.19
1,142.31

0.74%
(88,631.94)
A1 / AA
AA-

1.87 1.83
24422ETT6 John Deere Capital Corp Note

2.650% Due 06/24/2024
2,000,000.00 Various

1.32%
2,093,680.00
2,051,264.55

98.80 3.28%
1,976,000.00
1,030.56

0.83%
(75,264.55)
A2 / A
A

1.99 1.91
02665WCZ2 American Honda Finance Note

2.400% Due 06/27/2024
1,500,000.00 07/10/2019

2.49%
1,493,742.00
1,497,489.20

97.77 3.57%
1,466,601.00
400.00

0.62%
(30,888.20)
A3 / A-
A

1.99 1.92
79466LAG9 Salesforce.com Inc Callable Note Cont 7/15/2022

0.625% Due 07/15/2024
465,000.00 06/29/2021

0.64%
464,762.85
464,839.24

94.71 3.33%
440,408.01
1,340.10

0.19%
(24,431.23)
A2 / A+
NR

2.04 1.99
78013XZU5 Royal Bank of Canada Note

2.550% Due 07/16/2024
2,500,000.00 09/10/2019

2.28%
2,531,325.00
2,513,209.98

97.73 3.71%
2,443,162.50
29,218.75

1.04%
(70,047.48)
A1 / A
AA-

2.05 1.95
46647PAU0 JP Morgan Chase & Co Callable Note 1X 7/23/2023

3.797% Due 07/23/2024
2,500,000.00 09/12/2019

2.35%
2,632,175.00
2,536,381.03

99.67 3.67%
2,491,827.50
41,661.53

1.06%
(44,553.53)
A2 / A-
AA-

2.07 1.93
02665WEA5 American Honda Finance Note

1.500% Due 01/13/2025
1,075,000.00 01/11/2022

1.53%
1,074,150.75
1,074,281.70

94.97 3.59%
1,020,941.48
7,525.00

0.43%
(53,340.22)
A3 / A-
A

2.54 2.43
As of June 30, 2022
33 95
Holdings Report
City of Dublin - Account #10198
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
90331HPL1 US Bank NA Callable Note Cont 12/21/2024

2.050% Due 01/21/2025
2,610,000.00 01/16/2020

2.10%
2,604,440.70
2,607,154.93

96.14 3.64%
2,509,316.64
23,780.00

1.06%
(97,838.29)
A1 / AA-
AA-

2.56 2.44
00440EAS6 Chubb INA Holdings Inc Note

3.150% Due 03/15/2025
2,500,000.00 Various

0.76%
2,753,600.00
2,658,756.07

98.33 3.80%
2,458,165.00
23,187.50

1.04%
(200,591.07)
A3 / A
A

2.71 2.54
14913R2V8 Caterpillar Financial Service Note

3.400% Due 05/13/2025
1,165,000.00 05/10/2022

3.44%
1,163,520.45
1,163,586.60

99.83 3.46%
1,163,046.30
5,281.33

0.49%
(540.30)
A2 / A
A

2.87 2.70
747525AF0 Qualcomm Inc Callable Note Cont 2/20/2025

3.450% Due 05/20/2025
3,500,000.00 Various

1.78%
3,686,490.00
3,662,722.95

99.58 3.60%
3,485,275.50
13,752.09

1.47%
(177,447.45)
A2 / A
NR

2.89 2.72
61747YEA9 Morgan Stanley Callable Note Cont 5/30/2024

0.790% Due 05/30/2025
3,040,000.00 05/26/2021

0.77%
3,041,611.70
3,041,029.78

93.30 3.66%
2,836,368.64
2,068.05

1.19%
(204,661.14)
A1 / A-
A

2.92 2.83
438516CB0 Honeywell Intl Callable Note Cont 5/1/2025

1.350% Due 06/01/2025
2,500,000.00 06/23/2020

0.85%
2,559,500.00
2,534,772.73

94.21 3.45%
2,355,240.00
2,812.50

0.99%
(179,532.73)
A2 / A
A

2.92 2.82
78015K7H1 Royal Bank of Canada Note

1.150% Due 06/10/2025
1,000,000.00 02/22/2021

0.86%
1,012,240.00
1,008,396.94

92.60 3.83%
926,043.00
670.83

0.39%
(82,353.94)
A1 / A
AA-

2.95 2.85
02665WDL2 American Honda Finance Note

1.200% Due 07/08/2025
1,000,000.00 08/10/2021

1.00%
1,007,640.00
1,005,909.48

92.37 3.90%
923,736.00
5,766.67

0.39%
(82,173.48)
A3 / A-
A

3.02 2.90
89114QCK2 Toronto Dominion Bank Note

0.750% Due 09/11/2025
1,000,000.00 02/16/2021

0.81%
997,230.00
998,058.01

90.37 3.99%
903,730.00
2,291.67

0.38%
(94,328.01)
A1 / A
AA-

3.20 3.09
06051GHY8 Bank of America Corp Callable Note Cont 2/13/2025

2.015% Due 02/13/2026
1,250,000.00 03/04/2021

1.14%
1,291,725.00
1,277,797.32

93.81 4.12%
1,172,585.00
9,655.21

0.50%
(105,212.32)
A2 / A-
AA-

3.63 3.40
46647PBH8 JP Morgan Chase & Co Callable Note Mthly 3/13/2025

2.005% Due 03/13/2026
1,000,000.00 04/29/2021

1.20%
1,030,270.00
1,021,122.59

93.72 4.14%
937,248.00
6,015.00

0.40%
(83,874.59)
A2 / A-
AA-

3.70 3.48
808513BR5 Charles Schwab Corp Callable Note Cont 4/13/2026

1.150% Due 05/13/2026
1,370,000.00 05/11/2021

1.20%
1,366,821.60
1,367,542.22

90.32 3.87%
1,237,401.81
2,100.67

0.52%
(130,140.41)
A2 / A
A

3.87 3.71
91324PEC2 United Health Group Inc Callable Note Cont 4/15/2026

1.150% Due 05/15/2026
2,000,000.00 Various

1.90%
1,939,210.15
1,944,034.67

90.77 3.73%
1,815,304.00
2,938.90

0.76%
(128,730.67)
A3 / A+
A

3.88 3.72
89236TJK2 Toyota Motor Credit Corp Note

1.125% Due 06/18/2026
2,485,000.00 06/15/2021

1.13%
2,483,906.60
2,484,132.94

90.43 3.74%
2,247,073.68
1,009.53

0.94%
(237,059.26)
A1 / A+
A+

3.97 3.81
58989V2D5 Met Tower Global Funding Note

1.250% Due 09/14/2026
1,285,000.00 09/07/2021

1.27%
1,283,817.80
1,284,005.55

88.88 4.16%
1,142,129.85
4,774.13

0.48%
(141,875.70)
Aa3 / AA-
AA-

4.21 4.00
06368FAC3 Bank of Montreal Note

1.250% Due 09/15/2026
2,500,000.00 Various

1.29%
2,495,539.50
2,496,245.46

88.70 4.21%
2,217,577.50
9,201.39

0.93%
(278,667.96)
A2 / A-
AA-

4.21 4.00
As of June 30, 2022
34 96
Holdings Report
City of Dublin - Account #10198
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
931142ER0 Wal-Mart Stores Callable Note Cont 08/17/2026

1.050% Due 09/17/2026
585,000.00 09/08/2021

1.09%
583,894.35
584,068.13

91.05 3.34%
532,670.00
1,774.50

0.22%
(51,398.13)
Aa2 / AA
AA

4.22 4.05
59217GER6 Metlife Note

1.875% Due 01/11/2027
1,860,000.00 01/03/2022

1.90%
1,857,879.60
1,858,078.17

90.87 4.10%
1,690,215.48
16,468.75

0.72%
(167,862.69)
Aa3 / AA-
AA-

4.54 4.23
87612EBM7 Target Corp Callable Note Cont 12/15/2026

1.950% Due 01/15/2027
1,340,000.00 01/19/2022

1.99%
1,337,722.00
1,337,920.09

92.89 3.66%
1,244,772.90
11,395.58

0.53%
(93,147.19)
A2 / A
A

4.55 4.24
808513BY0 Charles Schwab Corp Callable Note Cont 2/3/2027

2.450% Due 03/03/2027
585,000.00 03/01/2022

2.47%
584,368.20
584,409.72

93.40 4.01%
546,361.34
4,697.88

0.23%
(38,048.38)
A2 / A
A

4.68 4.31
084664CZ2 Berkshire Hathaway Callable Note Cont 2/15/2027

2.300% Due 03/15/2027
2,295,000.00 03/07/2022

2.30%
2,294,563.95
2,294,589.74

94.59 3.56%
2,170,888.69
15,542.25

0.92%
(123,701.05)
Aa2 / AA
A+

4.71 4.37
40139LBF9 Guardian Life Glob Fun Note

3.246% Due 03/29/2027
765,000.00 03/24/2022

3.25%
765,000.00
765,000.00

96.88 3.97%
741,105.23
6,345.93

0.31%
(23,894.77)
Aa2 / AA+
NR

4.75 4.31
023135CF1 Amazon.com Inc Callable Note Cont 3/13/2027

3.300% Due 04/13/2027
1,750,000.00 04/25/2022

3.34%
1,746,972.50
1,747,081.10

98.22 3.71%
1,718,913.00
12,512.50

0.73%
(28,168.10)
A1 / AA
AA-

4.79 4.35
927804GH1 Virginia Electric Power Corp Callable Note Cont. 4/15/2027

3.750% Due 05/15/2027
1,000,000.00 Various

3.75%
999,773.40
999,776.75

99.15 3.94%
991,508.00
3,229.17

0.42%
(8,268.75)
A2 / BBB+
A

4.88 4.40
TOTAL Corporate 65,640,000.00 1.96%
66,449,186.80
66,100,638.04 3.64%
62,892,216.47
372,892.25

26.52%
(3,208,421.57)
A1 / A
A+

2.87 2.72
Money Market Fund
31846V203 First American Govt Obligation Fund Class Y 3,039,481.06 Various

0.97%
3,039,481.06
3,039,481.06

1.00 0.97%
3,039,481.06

0.00 1.27%

0.00 Aaa / AAA
AAA

0.00 0.00
TOTAL Money Market Fund 3,039,481.06 0.97%
3,039,481.06
3,039,481.06 0.97%
3,039,481.06

0.00 1.27%

0.00 Aaa / AAA
Aaa

0.00 0.00
Negotiable CD
86959RTW0 Svenska Handelsbanken NY Yankee CD

0.255% Due 10/14/2022
2,500,000.00 10/15/2021

0.25%
2,500,126.08
2,500,036.37

99.45 2.13%
2,486,275.00
4,586.46

1.04%
(13,761.37)
P-1 / A-1+
F-1+

0.29 0.29
TOTAL Negotiable CD 2,500,000.00 0.25%
2,500,126.08
2,500,036.37 2.13%
2,486,275.00
4,586.46

1.04%
(13,761.37)
Aaa / AAA
Aaa

0.29 0.29
Supranational
4581X0CZ9 Inter-American Dev Bank Note

1.750% Due 09/14/2022
2,500,000.00 11/28/2017

2.18%
2,451,675.00
2,497,927.74

99.93 2.07%
2,498,330.00
13,003.47

1.05%
402.26
Aaa / AAA
AAA

0.21 0.20
As of June 30, 2022
35 97
Holdings Report
City of Dublin - Account #10198
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
4581X0DZ8 Inter-American Dev Bank Note

0.500% Due 09/23/2024
3,680,000.00 09/15/2021

0.52%
3,677,276.80
3,677,974.99

94.58 3.03%
3,480,396.80
5,008.89

1.46%
(197,578.19)
Aaa / AAA
NR

2.24 2.18
459058JB0 Intl. Bank Recon & Development Note

0.625% Due 04/22/2025
2,260,000.00 04/15/2020

0.70%
2,251,253.80
2,255,085.65

93.41 3.09%
2,111,038.88
2,707.29

0.89%
(144,046.77)
Aaa / AAA
NR

2.81 2.74
4581X0DN5 Inter-American Dev Bank Note

0.625% Due 07/15/2025
1,685,000.00 01/13/2021

0.53%
1,692,329.75
1,689,954.95

92.70 3.16%
1,561,986.58
4,856.08

0.66%
(127,968.37)
Aaa / AAA
NR

3.04 2.96
459058JL8 Intl. Bank Recon & Development Note

0.500% Due 10/28/2025
6,000,000.00 Various

0.55%
5,986,632.00
5,990,623.73

91.80 3.11%
5,507,772.00
5,250.00

2.31%
(482,851.73)
Aaa / AAA
AAA

3.33 3.25
4581X0DV7 Inter-American Dev Bank Note

0.875% Due 04/20/2026
4,615,000.00 04/13/2021

0.97%
4,593,863.30
4,598,921.75

91.97 3.13%
4,244,263.21
7,964.08

1.78%
(354,658.54)
Aaa / AAA
AAA

3.81 3.68
TOTAL Supranational 20,740,000.00 0.85%
20,653,030.65
20,710,488.81 2.97%
19,403,787.47
38,789.81

8.15%
(1,306,701.34)
Aaa / AAA
Aaa

2.76 2.68
US Treasury
912828R69 US Treasury Note

1.625% Due 05/31/2023
1,500,000.00 05/30/2018

2.67%
1,427,167.97
1,486,678.04

98.85 2.91%
1,482,715.50
2,064.55

0.62%
(3,962.54)
Aaa / AA+
AAA

0.92 0.90
912828U57 US Treasury Note

2.125% Due 11/30/2023
5,000,000.00 Various

2.53%
4,908,242.19
4,973,173.87

98.91 2.91%
4,945,705.00
8,999.32

2.08%
(27,468.87)
Aaa / AA+
AAA

1.42 1.38
912828V80 US Treasury Note

2.250% Due 01/31/2024
5,000,000.00 Various

2.32%
4,983,691.41
4,994,630.31

98.94 2.94%
4,946,875.00
46,926.80

2.09%
(47,755.31)
Aaa / AA+
AAA

1.59 1.53
912828WJ5 US Treasury Note

2.500% Due 05/15/2024
1,750,000.00 06/10/2019

1.91%
1,798,261.72
1,768,339.45

99.18 2.95%
1,735,713.00
5,587.64

0.73%
(32,626.45)
Aaa / AA+
AAA

1.88 1.81
9128282N9 US Treasury Note

2.125% Due 07/31/2024
2,000,000.00 08/30/2019

1.44%
2,064,531.25
2,027,327.93

98.33 2.95%
1,966,640.00
17,727.90

0.83%
(60,687.93)
Aaa / AA+
AAA

2.09 2.00
912828YH7 US Treasury Note

1.500% Due 09/30/2024
3,500,000.00 Various

1.65%
3,474,941.41
3,488,366.75

96.82 2.97%
3,388,847.00
13,196.72

1.43%
(99,519.75)
Aaa / AA+
AAA

2.25 2.18
9128283J7 US Treasury Note

2.125% Due 11/30/2024
3,000,000.00 Various

1.76%
3,051,650.40
3,025,180.13

98.02 2.98%
2,940,585.00
5,399.59

1.24%
(84,595.13)
Aaa / AA+
AAA

2.42 2.33
91282CDZ1 US Treasury Note

1.500% Due 02/15/2025
2,000,000.00 05/06/2022

2.92%
1,925,156.25
1,929,072.06

96.21 3.01%
1,924,296.00
11,270.72

0.81%
(4,776.06)
Aaa / AA+
AAA

2.63 2.53
912828ZC7 US Treasury Note

1.125% Due 02/28/2025
3,500,000.00 03/24/2020

0.52%
3,603,222.66
3,555,766.60

95.27 2.98%
3,334,569.00
13,160.67

1.40%
(221,197.60)
Aaa / AA+
AAA

2.67 2.59
91282CED9 US Treasury Note

1.750% Due 03/15/2025
2,000,000.00 03/15/2022

2.00%
1,985,312.50
1,986,747.72

96.78 3.00%
1,935,624.00
10,271.74

0.82%
(51,123.72)
Aaa / AA+
AAA

2.71 2.60
As of June 30, 2022
36 98
Holdings Report
City of Dublin - Account #10198
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
912828ZL7 US Treasury Note

0.375% Due 04/30/2025
4,000,000.00 Various

0.38%
3,998,593.75
3,999,183.11

92.91 3.00%
3,716,248.00
2,527.18

1.56%
(282,935.11)
Aaa / AA+
AAA

2.84 2.78
91282CAM3 US Treasury Note

0.250% Due 09/30/2025
2,500,000.00 10/16/2020

0.32%
2,491,406.25
2,494,354.85

91.46 3.03%
2,286,620.00
1,571.04

0.96%
(207,734.85)
Aaa / AA+
AAA

3.25 3.19
91282CBC4 US Treasury Note

0.375% Due 12/31/2025
1,000,000.00 12/29/2020

0.38%
999,921.88
999,945.28

91.25 3.03%
912,461.00

10.19 0.38%
(87,484.28)
Aaa / AA+
AAA

3.51 3.43
91282CBH3 US Treasury Note

0.375% Due 01/31/2026
4,000,000.00 02/23/2021

0.58%
3,960,625.00
3,971,375.55

91.04 3.03%
3,641,564.00
6,256.91

1.53%
(329,811.55)
Aaa / AA+
AAA

3.59 3.50
91282CBQ3 US Treasury Note

0.500% Due 02/28/2026
2,500,000.00 03/26/2021

0.83%
2,459,960.94
2,470,187.95

91.26 3.04%
2,281,445.00
4,177.99

0.96%
(188,742.95)
Aaa / AA+
AAA

3.67 3.58
91282CBT7 US Treasury Note

0.750% Due 03/31/2026
5,000,000.00 Various

0.85%
4,974,804.69
4,981,047.01

91.96 3.03%
4,598,240.00
9,426.23

1.93%
(382,807.01)
Aaa / AA+
AAA

3.75 3.64
91282CCF6 US Treasury Note

0.750% Due 05/31/2026
2,000,000.00 06/18/2021

0.91%
1,985,000.00
1,988,116.34

91.61 3.04%
1,832,266.00
1,270.49

0.77%
(155,850.34)
Aaa / AA+
AAA

3.92 3.81
91282CCW9 US Treasury Note

0.750% Due 08/31/2026
2,000,000.00 08/30/2021

0.77%
1,998,515.63
1,998,762.75

91.15 3.02%
1,823,046.00
5,013.59

0.77%
(175,716.75)
Aaa / AA+
AAA

4.17 4.04
91282CDG3 US Treasury Note

1.125% Due 10/31/2026
5,000,000.00 Various

1.25%
4,970,498.06
4,973,884.23

92.31 3.03%
4,615,430.00
9,476.91

1.94%
(358,454.23)
Aaa / AA+
AAA

4.34 4.17
912828Z78 US Treasury Note

1.500% Due 01/31/2027
4,500,000.00 Various

2.15%
4,367,285.16
4,372,935.79

93.50 3.03%
4,207,675.50
28,156.08

1.78%
(165,260.29)
Aaa / AA+
AAA

4.59 4.35
91282CEN7 US Treasury Note

2.750% Due 04/30/2027
4,000,000.00 Various

3.04%
3,946,171.88
3,946,509.72

98.80 3.01%
3,951,876.00
18,532.60

1.66%
5,366.28
Aaa / AA+
AAA

4.84 4.48
TOTAL US Treasury 65,750,000.00 1.52%
65,374,961.00
65,431,585.44 2.99%
62,468,441.00
221,024.86

26.28%
(2,963,144.44)
Aaa / AA+
Aaa

3.05 2.94
TOTAL PORTFOLIO 247,425,533.01 1.57%
248,615,382.47
247,950,085.33 3.20%
237,591,495.97
926,068.06
100.00%
(10,358,589.36
)
Aa1 / AA
Aaa

2.69 2.39
TOTAL MARKET VALUE PLUS ACCRUALS 238,517,564.03
As of June 30, 2022
37 99
Holdings Report
City of Dublin Reporting Account - Account #10219
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
LAIF
90LAIF$00 Local Agency Investment Fund State Pool 50,464,181.02 Various

0.94%
50,464,181.02
50,464,181.02

1.00 0.94%
50,464,181.02
86,800.11

36.16%

0.00 NR / NR
NR

0.00 0.00
TOTAL LAIF 50,464,181.02 0.94%
50,464,181.02
50,464,181.02 0.94%
50,464,181.02
86,800.11

36.16%

0.00 NR / NR
NR

0.00 0.00
Local Gov Investment Pool
90CAMP$00 California Asset Mgmt Program CAMP 89,240,307.94 Various

1.40%
89,240,307.94
89,240,307.94

1.00 1.40%
89,240,307.94

0.00 63.84%

0.00 NR / AAA
NR

0.00 0.00
TOTAL Local Gov Investment Pool 89,240,307.94 1.40%
89,240,307.94
89,240,307.94 1.40%
89,240,307.94

0.00 63.84%

0.00 NR / AAA
NR

0.00 0.00
TOTAL PORTFOLIO 139,704,488.96 1.23%
139,704,488.96
139,704,488.96 1.23%
139,704,488.96
86,800.11
100.00%

0.00 NR / AAA
NR

0.00 0.00
TOTAL MARKET VALUE PLUS ACCRUALS 139,791,289.07
As of June 30, 2022
38 100
SECTION |
Section 5 |
Transactions
39 101
Transaction Ledger
City of Dublin - Account #10198
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 04/13/2022 362585AC5 780,000.00 GM Financial Securitized ART 2022-2 A3

3.1% Due: 02/16/2027

99.979 3.13% 779,836.98 0.00 779,836.98 0.00
Purchase 04/27/2022 023135CF1 1,750,000.00 Amazon.com Inc Callable Note Cont 3/13/2027

3.3% Due: 04/13/2027

99.827 3.34% 1,746,972.50 2,245.83 1,749,218.33 0.00
Purchase 04/28/2022 912828Z78 2,000,000.00 US Treasury Note

1.5% Due: 01/31/2027

94.199 2.81% 1,883,984.38 7,209.94 1,891,194.32 0.00
Purchase 05/09/2022
91282CDZ1 2,000,000.00 US Treasury Note

1.5% Due: 02/15/2025

96.258 2.92% 1,925,156.25 6,878.45 1,932,034.70 0.00
Purchase 05/11/2022
36266FAC3 1,020,000.00 GM Financial Auto Lease Trust 2022-2 A3

3.42% Due: 06/20/2025

99.990 3.45% 1,019,893.61 0.00 1,019,893.61 0.00
Purchase 05/13/2022 14913R2V8 1,165,000.00 Caterpillar Financial Service Note

3.4% Due: 05/13/2025

99.873 3.44% 1,163,520.45 0.00 1,163,520.45 0.00
Purchase 05/18/2022
05602RAD3 850,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due: 08/25/2026

99.995 3.23% 849,955.80 0.00 849,955.80 0.00
Purchase 05/24/2022 02582JJT8 2,205,000.00 American Express Credit Trust 2022-2 A

3.39% Due: 05/17/2027

99.978 3.42% 2,204,512.25 0.00 2,204,512.25 0.00
Purchase 05/31/2022 927804GH1 660,000.00 Virginia Electric Power Corp Callable Note Cont. 4/15/2027

3.75% Due: 05/15/2027

99.688 3.82% 657,940.80 0.00 657,940.80 0.00
Purchase 05/31/2022
927804GH1 340,000.00 Virginia Electric Power Corp Callable Note Cont. 4/15/2027

3.75% Due: 05/15/2027
100.539 3.63% 341,832.60 0.00 341,832.60 0.00
Purchase 06/07/2022
91282CEN7 2,000,000.00 US Treasury Note

2.75% Due: 04/30/2027

98.805 3.01% 1,976,093.75 5,679.35 1,981,773.10 0.00
March 31, 2022 through June 30, 2022
As of June 30, 2022
40 102
Transaction Ledger
City of Dublin - Account #10198
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Purchase 06/30/2022 91282CEN7 2,000,000.00 US Treasury Note

2.75% Due: 04/30/2027

98.504 3.08% 1,970,078.13 9,116.84 1,979,194.97 0.00
Subtotal 16,770,000.00 16,519,777.50 31,130.41 16,550,907.91 0.00 TOTAL ACQUISITIONS 16,770,000.00 16,519,777.50 31,130.41 16,550,907.91 0.00

DISPOSITIONS
Sale 04/08/2022
912828L57 750,000.00 US Treasury Note

1.75% Due: 09/30/2022
100.313 2.06% 752,343.75 286.89 752,630.64 3,266.68
Sale 04/27/2022 808513AT2 2,000,000.00 Charles Schwab Corp Callable Note Cont 12/25/2022

2.65% Due: 01/25/2023
100.352 2.74% 2,007,040.00 13,544.44 2,020,584.44 8,275.92 Sale 04/28/2022
912828M49 1,000,000.00 US Treasury Note

1.875% Due: 10/31/2022
100.250 2.47% 1,002,500.00 9,271.41 1,011,771.41 5,357.64 Sale 05/05/2022
912828L57 1,000,000.00 US Treasury Note

1.75% Due: 09/30/2022
100.164 2.06% 1,001,640.63 1,673.50 1,003,314.13 2,681.33 Sale 05/09/2022
912828L57 2,000,000.00 US Treasury Note

1.75% Due: 09/30/2022
100.191 2.06% 2,003,828.13 3,729.51 2,007,557.64 5,853.29 Sale 05/13/2022
931142EK5 1,380,000.00 Wal-Mart Stores Callable Note Cont 5/26/2023

3.4% Due: 06/26/2023
101.121 3.41% 1,395,469.80 17,855.67 1,413,325.47 15,550.19 Sale 05/20/2022 9128284D9 1,750,000.00 US Treasury Note

2.5% Due: 03/31/2023
100.449 2.76% 1,757,861.33 5,976.78 1,763,838.11 11,438.32 Sale 05/25/2022
9128284D9 250,000.00 US Treasury Note

2.5% Due: 03/31/2023
100.492 2.76% 251,230.47 939.21 252,169.68 1,733.35
Sale 06/07/2022
9128284D9 1,750,000.00 US Treasury Note

2.5% Due: 03/31/2023
100.316 2.76% 1,755,537.11 8,128.42 1,763,665.53 8,909.70 Sale 06/29/2022
084670BR8 1,865,000.00 Berkshire Hathaway Callable Note Cont 1/15/2023

2.75% Due: 03/15/2023

99.844 3.35% 1,862,090.60 14,816.39 1,876,906.99 4,346.36 Subtotal 13,745,000.00 13,789,541.82 76,222.22 13,865,764.04 67,412.78 March 31, 2022 through June 30, 2022
As of June 30, 2022
41 103
Transaction Ledger
City of Dublin - Account #10198
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Call 05/11/2022 166764AH3 1,000,000.00 Chevron Corp Callable Note Cont 3/24/2023

3.191% Due: 06/24/2023
101.059 3.59% 1,010,593.72 12,143.50 1,022,737.22 0.00
Subtotal 1,000,000.00 1,010,593.72 12,143.50 1,022,737.22 0.00 Maturity 06/23/2022
06417MQL2 2,500,000.00 Bank of Nova Scotia Houston Yankee CD

0.2% Due: 06/23/2022
100.000 2,500,000.00 5,069.45 2,505,069.45 0.00
Subtotal 2,500,000.00 2,500,000.00 5,069.45 2,505,069.45 0.00 TOTAL DISPOSITIONS 17,245,000.00 17,300,135.54 93,435.17 17,393,570.71 67,412.78 March 31, 2022 through June 30, 2022
As of June 30, 2022
42 104
Transaction Ledger
City of Dublin Reporting Account - Account #10219
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 04/15/2022 90LAIF$00 39,735.77 Local Agency Investment Fund State Pool 1.000 0.42% 39,735.77 0.00 39,735.77 0.00 Purchase 06/30/2022 90CAMP$00 80,385.23 California Asset Mgmt Program CAMP 1.000 1.40% 80,385.23 0.00 80,385.23 0.00 Subtotal 120,121.00 120,121.00 0.00 120,121.00 0.00
Security
Contribution
06/28/2022 90CAMP$00 4,000,000.00 California Asset Mgmt Program CAMP 1.000 4,000,000.00 0.00 4,000,000.00 0.00 Subtotal 4,000,000.00 4,000,000.00 0.00 4,000,000.00 0.00 TOTAL ACQUISITIONS 4,120,121.00 4,120,121.00 0.00 4,120,121.00 0.00

DISPOSITIONS
Security
Withdrawal
06/01/2022 90CAMP$00 1,000,000.00 California Asset Mgmt Program CAMP 1.000 1,000,000.00 0.00 1,000,000.00 0.00 Security
Withdrawal
06/14/2022
90CAMP$00 500,000.00 California Asset Mgmt Program CAMP 1.000 500,000.00 0.00 500,000.00 0.00 Subtotal 1,500,000.00 1,500,000.00 0.00 1,500,000.00 0.00 TOTAL DISPOSITIONS 1,500,000.00 1,500,000.00 0.00 1,500,000.00 0.00 March 31, 2022 through June 30, 2022
As of June 30, 2022
43 105
Important Disclosures
2022 Chandler Asset Management, Inc, An Independent Registered Investment Adviser.

Information contained herein is confidential . Prices are provided by ICE Data Services Inc (“IDS”), an independent pricing source. In the event IDS does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures . Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Source ICE Data Indices, LLC ("ICE"), used with permission. ICE permits use of the ICE indices and related data on an "as is" basis; ICE, its affiliates and their respective third party suppliers disclaim any and all warranties and representations, express and/or implied, including any warranties of merchantability or fitness for a particular purpose or use, including the indices, index data and any data included in, related to, or derived therefrom. Neither ICE data, its affiliates or their respective third party providers guarantee the quality, adequacy, accuracy, timeliness or completeness of the indices or the index data or any component thereof, and the indices and index data and all components thereof are provided on an "as is" basis and licensee's use it at licensee's own risk. ICE data, its affiliates and their respective third party do not sponsor, endorse, or recommend chandler asset management, or any of its products or services.

This re port is provided for informational purposes only and should not be construed as a specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of publication, but may become outdated or superseded at any time without notice. Any opinions or views expressed are based on current market conditions and are subject to change. This report may contain forecasts and forward-looking statements which are inherently limited and should not be relied upon as indicator of future results. Past performance is not indicative of future results. This report is not intended to constitute an offer, solicitation, recommendation or advice regarding any securities or investment strategy and should not be regarded by recipients as a substitute for the exercise of their own judgment.

Fixed income investments are subject to interest, credit and market risk. Interest rate risk: the value of fixed income investments will decline as interest rates rise. Credit risk: the possibility that the borrower may not be able to repay interest and principal. Low rated bonds generally have to pay higher interest rates to attract investors willing to take on greater risk. Market risk: the bond market in general could decline due to economic conditions, especially during periods of rising interest rates.

Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P, Moody’s and Fitch respectively.

As of June 30, 2022
44 106
Benchmark Disclosures
ICE BofA 1-5 Yr US Treasury & Agency Index*
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

The ICE BofA 1-3 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than three years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

As of June 30, 2022
45 107
Transaction Ledger
City of Dublin - Account #10198
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 04/13/2022 362585AC5 780,000.00 GM Financial Securitized ART 2022-2 A3

3.1% Due: 02/16/2027

99.979 3.13% 779,836.98 0.00 779,836.98 0.00
Purchase 04/27/2022 023135CF1 1,750,000.00 Amazon.com Inc Callable Note Cont 3/13/2027

3.3% Due: 04/13/2027

99.827 3.34% 1,746,972.50 2,245.83 1,749,218.33 0.00
Purchase 04/28/2022 912828Z78 2,000,000.00 US Treasury Note

1.5% Due: 01/31/2027

94.199 2.81% 1,883,984.38 7,209.94 1,891,194.32 0.00
Purchase 05/09/2022
91282CDZ1 2,000,000.00 US Treasury Note

1.5% Due: 02/15/2025

96.258 2.92% 1,925,156.25 6,878.45 1,932,034.70 0.00
Purchase 05/11/2022
36266FAC3 1,020,000.00 GM Financial Auto Lease Trust 2022-2 A3

3.42% Due: 06/20/2025

99.990 3.45% 1,019,893.61 0.00 1,019,893.61 0.00
Purchase 05/13/2022 14913R2V8 1,165,000.00 Caterpillar Financial Service Note

3.4% Due: 05/13/2025

99.873 3.44% 1,163,520.45 0.00 1,163,520.45 0.00
Purchase 05/18/2022
05602RAD3 850,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due: 08/25/2026

99.995 3.23% 849,955.80 0.00 849,955.80 0.00
Purchase 05/24/2022 02582JJT8 2,205,000.00 American Express Credit Trust 2022-2 A

3.39% Due: 05/17/2027

99.978 3.42% 2,204,512.25 0.00 2,204,512.25 0.00
Purchase 05/31/2022 927804GH1 660,000.00 Virginia Electric Power Corp Callable Note Cont. 4/15/2027

3.75% Due: 05/15/2027

99.688 3.82% 657,940.80 0.00 657,940.80 0.00
Purchase 05/31/2022
927804GH1 340,000.00 Virginia Electric Power Corp Callable Note Cont. 4/15/2027

3.75% Due: 05/15/2027
100.539 3.63% 341,832.60 0.00 341,832.60 0.00
Purchase 06/07/2022
91282CEN7 2,000,000.00 US Treasury Note

2.75% Due: 04/30/2027

98.805 3.01% 1,976,093.75 5,679.35 1,981,773.10 0.00
March 31, 2022 through June 30, 2022
As of June 30, 2022
40 Attachment 2
108
Transaction Ledger
City of Dublin - Account #10198
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Purchase 06/30/2022 91282CEN7 2,000,000.00 US Treasury Note