A G E N D A
GLENDALE CITY COUNCIL
COUNCIL CHAMBERS
613 E. Broadway, 2nd Floor
Glendale, CA 91206
Meetings are broadcast live on Glendale TV, viewable on Spectrum Cable, channel 6, and AT&T Uverse, channel 99. Meetings are also streamed live in high definition (HD) on the City webpage, glendaleca.gov/live, on YouTube.com/myglendale, and on Apple TV, Roku, Amazon Fire, iOS and Android devices usinga free app called Cablecast and choosing "Glendale TV" from the menu.
Meetings are also archived on the City Website for viewing anytime at glendaleca.gov/agendas.
Call (818) 548-4013 for program schedules. For public comments and questions during the meeting, call (818) 937-8100. Public comments ona specific agenda item will be taken when that agenda item is discussed. If you have any question about matters on the agenda, or requests for assistance, please contact the City Clerk at (818) 548-2090 during regular business hours.
PLEASE TURN OFF CELLULAR PHONES WHILE INSIDE THE MEETING LOCATION In compliance with the Americans with Disabilities Act (ADA) of 1990, auxiliary hearing aids, sign language translation, and Braille transcripts are available upon request. Assisted listening devices are available same-day upon request. The City Clerk’ office should be notified 72 hours (three business days) or as soon as practicable for requests regarding sign language translation and Braille transcription services. All documents related to open session items on this agenda that are received less than 72 hours prior to this meeting, and are public records, will be available for review in the Office of the City Clerk, 613 E. Broadway, RM 110, Glendale, CA 91206.
Translation services are provided for meetings through the use of bilingual staff for speakers who wish to utilize the service as available. Speakers should state their request by contacting the City Clerk’s office at (818) 548-2090, at least 72 hours prior to the scheduled meeting or as soon as practicable. Please specify the language for which you require translation. The exclusive use of City provided interpreters is not required and persons are welcome to use their own interpreter or speak in their native language.
SEPTEMBER 19, 2023
REVISED
- 12A ADDED
- 8A MOVED TO HEARINGS
ROLL CALL
1. CLOSED SESSION – 1:00 PM (To Commence at 3:00 PM)
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a. Conference with Legal Counsel - Pending Litigation: Claim of Aquino, Claim No. 23- 0056B
b. Conference with Legal Counsel - Pending Litigation: Edgarian v. City of Glendale, et al., LASC Case No. 21STCV07056
c. Conference with Legal Counsel - Pending Litigation: Bagdassar v. City of Glendale, LASC Case No. 20STCV01045
d. Conference with Legal Counsel - Pending Litigation: Salazar v. City of Glendale, et al., L.A.S.C. Case No. BC 700257
2. REGULAR BUSINESS AGENDA – 6:00 PM
Roll Call
a. Flag Salute: Mayor Dan Brotman
b. Invocation: Suzie Abajian, City Clerk
c. Report of the City Clerk, re: Posting of Agenda. The Agenda for the September 19, 2023 Regular Meeting of the Glendale City Council was Posted on September 14, 2023, on the Bulletin Board Outside City Hall.
3. PRESENTATIONS AND APPOINTMENTS
a. Agenda Preview for the Meetings of Tuesday, September 26, 2023 b. Commendations for Natalie Petros and Anjela Safaryan c. Proclamation designating September 22, 2023 as California Native American Day
4. CONSENT ITEMS (Including Minutes)
The following are Routine and May be Acted Upon by One Motion. Any Member of Council or the Audience Requesting Separate Consideration May do so by Making Such Request Before Motion is Proposed.
a. City Clerk, re: Minutes of the Special City Council and Regular City Council Meetings of September 12, 2023
b. Public Works, re: Permeable Alley Project
1. Resolution adopting the Plans and Specification for the Permeable Alley Project, Specification No. 3954, Plan Nos. 2-411, 4-651, and 18-115; and directing the City Clerk to advertise for bids
c. Public Works, re: Final Map for Tract No. 82266, for a 12-Unit multi-family residential Condominium Subdivision at 361-365 Myrtle Street
1. Resolution approving the final map of tract No. 82266, for a 12-unit multi-family residential condominium subdivision, at 361-365 Myrtle Street d. Public Works, re: Industrial Pump Maintenance and Repair Services
1. Resolution Adopting Specification No. 3963, for Industrial Pump Maintenance and Repair Services and Directing the City Clerk to Advertise for Bids e. Community Services and Parks, re: Proposed Habitat Conservation Fund (HCF) Grant Applications for Wildlife Area Activities – Nature Education Program at Stone Barn Nature Center and Trails – Trails Signage for 3 Glendale Parks
1. Resolution approving the submission of two (2) Habitat Conservation Fund (HCF) Grant applications to State of California Department of Parks and Recreation for Wildlife Activities - Nature Education Program at Stone Barn Nature Center and Trails 2 TYPED 9/15/2023 10:17:07 AM
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–Trails Signage for 3 Glendale Parks, and authorizing the City Manager or a designee to conduct all negotiations, execute and submit all documents, including, but not limited to applications, agreements, amendments, payment requests and so on, which may be necessary for the completion of the project
5. CITY COUNCIL/STAFF COMMENTS
6. COMMUNITY EVENT ANNOUNCEMENTS (3-Minutes)
7. ADOPTION OF ORDINANCES
8. ACTION ITEMS
a. City Treasurer, re: City of Glendale Investment Policy
1. Resolution adopting the City Investment Policy for Fiscal Year 2023-2024 b. City Treasurer, re: Annual Review of the City Portfolio
1. Motion accepting Report for Fiscal Year ending June 30, 2023 c. City Manager, re: Proposed Memorial Square to Honor Sadao S. Munemori
1. Motion approving the naming of the intersection of Broadway and Isabel Street as “Sadao Munemori Square;” and directing staff to manufacture and install two signs at the north and south legs of the intersection on existing traffic signal poles
2. Motion providing direction to staff
9. HEARINGS
a. Community Development, re: Introduction of a 10 Month and 15 Day Extension of Interim Urgency Ordinance No. 6009 Prohibiting Issuance of Entitlements and/or Permits For Establishments of New or Replacements Retail Uses Selling Firearms or Ammunition
1. Ordinance for Introduction
b. Community Development, re: 1012 Crestview Avenue: Consideration of Glendale Register Nomination and Request for a Mills Act Historic Property Contract
1. Resolution to designate the residential property at 1012 Crestview Avenue as a historic resource in the Glendale Register of Historic Resources, as the Mahoney House, and authorizing the City Manager to enter into a Mills Act Historical Property Contract with the property owner
2. Motion to deny the request of the property owner to designate the residential property at 1012 Crestview Avenue as a historic resource in the Glendale Register of Historic Resources
c. Community Development, re: 1006 E. Harvard Street: Consideration of Glendale Register Nomination and Request for a Mills Act Historic Property Contract
1. Resolution to designate the residential property at 1006 E. Harvard Street as a historic resource in the Glendale Register of Historic Resources, as the Asa and Ann Fanset House, and authorizing the City Manager to enter into a Mills Act Historical Property Contract with the property owner
2. Motion to deny the request of the property owner to designate the residential property at 1006 E. Harvard Street as a historic resource in the Glendale Register of Historic Resources
d. Community Development, re: Appeal of the Design Review Board (DRB) approval of Design Review Case No. PDR 2113521-B to demolish the existing 1-story, 3,246 3 TYPED 9/15/2023 10:17:07 AM
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square-foot (SF) single-family dwelling with attached, 2-car garage (originally built in 1961), located at 1766 Cielito Drive, and to construct a new 2-story, 4,855 SF single-family dwelling with an attached, subterranean, three-car garage on a 23,620 square-foot, double-frontage lot located in the R1R (FAR District II) Zone (Class 3 “New Construction or Conversion of Small Structures” exemption pursuant to Section 15303 of the State CEQA Guidelines)
1. Motion to sustain the Design Review Board’s decision of February 9, 2023, to approve the project with conditions and one consideration
2. Motion to continue the matter, directing the City Attorney to draft findings reversing the Design Review Board’s decision and denying the project
10. REPORTS - INFORMATION
11. WRITTEN COMMUNICATIONS
12. DISCUSSION OF COUNCILMEMBER FUTURE AGENDA REQUESTS
a. Resolution Congratulating the new President of Artsakh, Samvel Shahramanyan (Najarian 9/12/2023)
13. ORAL COMMUNICATIONS
Discussion is Limited to Items NOT a Part of this Agenda. Each Speaker is Allowed 5 minutes.
Council May Question or Respond to The Speaker But There Will be no Debate or Decision.
The City Manager May Refer the Matter to the Appropriate Department for Investigation and Report.
14. NEW BUSINESS
15. ADJOURNMENT
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1 M I N U T E S
SPECIAL MEETING: GLENDALE CITY COUNCIL
COUNCIL CHAMBERS
613 E. Broadway, 2nd Floor
Glendale, CA 91206
The Special Public Meeting of the Glendale City Council convened in the City Hall Council Chambers, in said City, at 3:02 p.m. on the above date, pursuant to a call for such meeting signed by the City Clerk of the City Council, and on file with the City Clerk, a copy of which is as follows:
September 7, 2023
Date
A SPECIAL PUBLIC MEETING of the City Council is hereby called to meet at 3:00 PM on Tuesday, September 12, 2023, in the Council Chamber, 613 E. Broadway, 2nd Floor, Glendale, CA 91206 to consider the following item(s) of business, to wit;
1. Community Development, re: Use of City Days at the Alex Theatre: Horizon Armenian TV
a. Motion to approve use of one of twelve annual City Days at the Alex Theatre for “Im Zoolal Hayastan” Armenian Independence Day Concert presented by Horizon Armenian TV on September 21, 2023 and to cover the costs associated with labor and additional equipment rentals at the Theatre for the day
b. Motion to approve use of one of twelve annual City days at the Alex Theatre for Project LA Concert presented by Horizon Armenian TV on December 15, 2023 and to cover the costs associated with labor and additional equipment rentals at the Theatre for the day
2. Community Development, re: Tax Equity and Fiscal Responsibility Act Public Hearing for California Municipal Finance Authority Proposed Issuance of Approximately $12 Million in Tax Exempt Revenue Bonds in Support of Facilities Owned and Operated by Ararat Home of Los Angeles, Inc.
a. Resolution Approving the Issuance of Approximately $12 Million in Tax Exempt Revenue Bond Obligations in Support of Ararat Home of Los Angeles, Inc. and Certain Other Matters Relating Thereto by the California Municipal Finance Authority Written Notice of said meeting was given, which Notice consisted of a copy of the foregoing Call, and was served on each Member of the Council not joining in the Call, and upon the in said City not less than 24 hours before the time fixed in said Call for said meeting, as follows:
Upon Elen Asatryan at 5:00 p.m. September 7, 2023 Glendale, CA Upon Paula Devine at 5:00 p.m. September 7, 2023 Glendale, CA Upon Ardy Kassakhian at 5:00 p.m. September 7, 2023 Glendale, CA Upon Ara Najarian at 5:00 p.m. September 7, 2023 Glendale, CA Upon Dan Brotman at 5:00 p.m. September 7, 2023 Glendale, CA Mayor Pro Tem Kassakhian called the meeting to order at 3:02 p.m.
ROLL CALL
- Absent: Brotman
- Report of the City Clerk of the City Council, re: Posting of Agenda. The Agenda for the Tuesday, September 12, 2023 Special Public Meeting of the City Council was posted on September 7, 2023, on the Bulletin Board Outside City Hall. 6 of 253
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None
Brotman
None
Ayes:
Noes:
Absent:
Abstain:
Asatryan, Devine, Najarian, Kassakhian (pro tem)
None
Brotman
None
Ayes:
Noes:
Absent:
Abstain:
Asatryan, Devine, Najarian, Kassakhian (pro tem)
None
Brotman
None
Ayes:
Noes:
Absent:
Abstain:
1. Community Development, re: Use of City Days at the Alex Theatre: Horizon Armenian TV
Staff Comments:
Roubik Golanian, City Manager
Tamar Sadd, Deputy Director of Community Development
a. Motion to approve use of one of twelve annual City Days at the Alex Theatre for “Im Zoolal Hayastan” Armenian Independence Day Concert presented by Horizon Armenian TV on September 21, 2023 and to cover the costs associated with labor and additional equipment rentals at the Theatre for the day
Moved: Asatryan Seconded: Najarian
b. Motion to approve use of one of twelve annual City days at the Alex Theatre for Project LA Concert presented by Horizon Armenian TV on December 15, 2023 and to cover the costs associated with labor and additional equipment rentals at the Theatre for the day Moved: Asatryan Seconded: Najarian
2. Community Development, re: Tax Equity and Fiscal Responsibility Act Public Hearing for California Municipal Finance Authority Proposed Issuance of Approximately $12 Million in Tax Exempt Revenue Bonds in Support of Facilities Owned and Operated by Ararat Home of Los Angeles, Inc.
Hearing opened at 3:09 p.m. and closed at 3:11 p.m.
Staff Comments:
Roubik Golanian, City Manager
Peter Zovak, Asst. Director of Community Development
a. Resolution 23-124 Approving the Issuance of Approximately $12 Million in Tax Exempt Revenue Bond Obligations in Support of Ararat Home of Los Angeles, Inc. and Certain Other Matters Relating Thereto by the California Municipal Finance Authority Moved: Devine Seconded: Asatryan
ADJOURNMENT- 3:11 p.m.
Moved: Najarian Seconded: Asatryan
Mayor of the City of Glendale
City Clerk of the City of Glendale
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None
Ayes:
Noes:
Absent:
Abstain:
4A
M I N U T E S
GLENDALE CITY COUNCIL
COUNCIL CHAMBERS
613 E. Broadway, 2nd Floor, Glendale, CA 91206
Teleconference Location: Mayor Brotman
Mercatovecchio Luxury Suites
Via del Carbone 1, Udine 33100, Italy
SEPTEMBER 12, 2023
ROLL CALL – Absent: Brotman
1. CLOSED SESSION – 3:12 p.m.
a. Conference with Legal Counsel - Pending Litigation: Claim of Aquino, Claim No. 23- 0056B
b. Conference with real property negotiators. City negotiators attending the closed session are: Roubik Golanian, John Takhtalian, Bradley Calvert, Jason Bradford, Michael J. Garcia, and Gillian van Muyden. Property location: 250 N. Orange Street. Negotiating Parties: Knowledge Truck, Inc. Instructions to the negotiator(s) will concern the price and terms for the lease of City-owned property City Attorney Mike Garcia indicated that action is not anticipated. Council recessed to Closed Session at 3:13 p.m.
2. REGULAR BUSINESS AGENDA – 6:04 PM
Roll Call – Absent: Brotman
a. Flag Salute: Mayor Pro Tem Kassakhian
b. Invocation: Suzie Abajian, City Clerk
c. Report of the City Clerk, re: Posting of Agenda. The Agenda for the September 12, 2023 Regular Meeting of the Glendale City Council was Posted on September 7, 2023, on the Bulletin Board Outside City Hall and at the Mercatovecchio Luxury Suites.
3. PRESENTATIONS AND APPOINTMENTS
a. Agenda Preview for the Meetings of Tuesday, September 19, 2023 Asst. City Manager John Takhtalian provided the preview. b. Doran and Broadway/Brazil Grade Separation Project Presentation Brian Balderrama, LA Metro
c. Proclamation designating September 2023 as Childhood Cancer Awareness Month
4. CONSENT ITEMS (Including Minutes)
The following are Routine and May be Acted Upon by One Motion. Any Member of Council or the Audience Requesting Separate Consideration May do so by Making Such Request Before Motion is Proposed.
a. City Clerk, re: Minutes of the Regular City Council Meeting of August 29, 2023 Moved: Devine Seconded: Asatryan
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None
Brotman
None
Ayes:
Noes:
Absent:
Abstain:
Asatryan, Devine, Najarian, Kassakhian (pro tem)
None
Brotman
None
Ayes:
Noes:
Absent:
Abstain:
Asatryan, Devine, Najarian, Kassakhian (pro tem)
None
Brotman
None
Ayes:
Noes:
Absent:
Abstain:
b. Public Works, re: Roofing Replacement and Restoration at Various City Facilities Project
1. Motion authorizing the City Manager or his designee to execute a contract with Rite-Way Roof Corporation, for the Roofing Replacement and Restoration at Various City Facilities in the amount of $289,398, plus a 10% contingency of $28,939
Moved: Devine Seconded: Asatryan
c. Public Works, re: Contract for the Flooring Installation at Various City Facilities Project per Specification No. 3943
1. Motion authorizing the City Manager or his designee to execute a contract with Pasadena Construction & Interiors, Inc., for the Flooring Installation at Various City Facilities in the amount of $256,946, plus a 10% contingency Moved: Devine Seconded: Asatryan
d. City Attorney, re: Cancellation of October 17, 2023 Regular Meeting and Adding October 31, 2023 Regular Meeting to the Council Calendar for the 2023-24 Fiscal Year
1. Motion Modifying City Council Regular Meeting Schedule for the 2023-24 Fiscal Year Moved: Devine Seconded: Asatryan
5. CITY COUNCIL/STAFF COMMENTS
Councilmember Devine attended the Crescenta Valley Annual Motorcade in honor of 9/11 and the graduation ceremony of the Leadership Glendale Program held by Glendale Chamber of Commerce.
Councilmember Najarian was in Melbourne, Australia last week as a speaker at the Intelligent Transportation System (ITS) Global Summit. He spoke about sustainability and electric transit. Najarian congratulated the Republic of Artsakh for holding a successful and fair presidential election. He asked staff to provide a Resolution of Support to the newly elected president of the Republic of Artsakh, Samvel Shahramanyan. Najarian provided his comments regarding the City of Santa Monica’s case on districting.
Director of Community Development Bradley Calvert invited the public to attend the city’s annual Glendale Tech Week, which will be held from September 12-14.
Police Lt. Alex Krikorian announced there will be a public hearing on the Specialized Equipment Annual Report, which will be held on October 4. He recognized that today is National Police Women’s Day.
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Brotman
Najarian
Ayes:
Noes:
Absent:
Abstain:
Police Chief Manuel Cid invited the public to the “Touch a Truck” Event, which will be held at the Elk’s Lodge on September 16.
Mayor Pro Tem Kassakhian attended the Armenian Film Festival and saw a number of films including “Amerikatsi”. Kassakhian asked staff to cite the homeowners that violate the policy on short-term rentals. City Manager Roubik Golanian and City Attorney Mike Garcia will provide a report on short-term rental policies.
6. COMMUNITY EVENT ANNOUNCEMENTS (3-Minutes)
Bishop Guillory
7. ADOPTION OF ORDINANCES
8. ACTION ITEMS
a. City Clerk, re: Consideration of support of state bills recommended by the Commission on the Status of Women
Presenting:
Suzie Abajian, City Clerk
Staff Comment:
Roubik Golanian, City Manager
Public Comments:
Mike Borisov
Craig Pulsipher
1. Motion supporting six state bills as recommended by the Commission on the Status of Women
Moved: Asatryan Seconded: Devine
Agenda out of order. Item 9a read next.
b. Glendale Water and Power, re: Professional Services Agreement with Energy and Environmental Economics, Inc. (E3) to assist Glendale Water and Power (GWP) with the Development of a Plan to Increase Solar Penetration and Develop Additional Distributed Energy Resources (DER) (Continued from 08/22 and 08/29 Council Meeting)
Mayor Brotman teleconferenced in.
Staff Comments:
Roubik Golanian, City Manager
Mark Young, General Manager of GWP
Mike Garcia, City Attorney
Presenting:
Scott Mellon, Assistant General Manager/Power Management 10 of 253
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Kassakhian (pro tem)
Ayes:
Noes:
Absent:
Abstain:
Public Comments:
Karen Kwak
Tammy O’Connor
Kate Unger
Jackie Gish
Jack Walworth
Allen Dish
Eric A.
Mike Borisov
Monica Campagna
1. Motion authorizing the City Manager, or his designee, to execute a Professional Services Agreement with Energy and Environmental Economics, Inc. (E3) to assist GWP with the Development of a Plan to Increase Solar Penetration and Develop Additional Distributed Energy Resources (DER) in the not-to-exceed amount of $335,875 with conditions
Moved: Asatryan Seconded: Devine
9. HEARINGS
a. Community Development, re: Extension of Interim Urgency Ordinance 5996 Prohibiting Issuance of Entitlement and/or Permits for New and Conversion of Existing Drive-through Waiting Lanes
Hearing opened at 7:08 p.m. and closed at 7:18 p.m.
Staff Comments:
Roubik Golanian, City Manager
Bradley Calvert, Director of Community Development
1. Introduction of Ordinance Extending, for an Additional One Year Period Interim Urgency Ordinance No. 5996 Prohibiting Developments with New and Conversion of Existing Drive-through Waiting Lanes Citywide
Introduced by: Devine
b. Community Development, re: Amendments for Streamlining the Historic District Designation Process
Hearing opened at 7:20 p.m. and closed at 9:15 p.m.
Staff Comments:
Roubik Golanian, City Manager
Mike Garcia, City Attorney
Presenting:
Jay Platt, Principal Planner
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Brotman
None
Ayes:
Noes:
Absent:
Abstain:
Public Comments:
Allan Durham
John Schwab
Chris Cragnotti
Sevak Sohrabian
Mike Borisov
Damian Sullivan
Stephen Meek
Mary Copley
Armen Azizian
Rick Stern
Mary Lacroix
Carol Atarian
Rafayel Ambartsumyan
Arman Abelian
Jacob Pierce
Edgar Sharshyan
David Davoyan
Anand Desai
Art Simonian
Tina Hart
1. Ordinance for introduction of amendments to Glendale Municipal Code Section
30.25.030 related to streamlining of the City’s historic district designation process Introduced by: Najarian
c. Community Development, re: Review of Owner Request to Remove 1527 Cedarhill Road from the Glendale Register of Historic Resources
Hearing opened and closed at 9:18 p.m.
Staff Comments:
Roubik Golanian, City Manager
Jay Platt, Principal Planner
1. Resolution 23-125 to delete the property at 1527 Cedarhill Road from the Glendale Register of Historic Resources
Moved: Devine Seconded: Najarian
Agenda out of order. Item 8b read next.
10. REPORTS - INFORMATION
11. WRITTEN COMMUNICATIONS
12. DISCUSSION OF COUNCILMEMBER FUTURE AGENDA REQUESTS
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Discussion is Limited to Items NOT a Part of this Agenda. Each Speaker is Allowed 5 minutes. Council May Question or Respond to The Speaker But There Will be no Debate or Decision. The City Manager May Refer the Matter to the Appropriate Department for Investigation and Report.
Jordan Henry
MM
Allen Dish
Erik A.
Edwin
Mike Borisov
14. NEW BUSINESS
15. ADJOURNMENT – 11:09 p.m.
Moved: Devine Seconded: Asatryan
Mayor of the City of Glendale
City Clerk of the City of Glendale
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4b
CITY OF GLENDALE, CALIFORNIA
REPORT TO THE CITY COUNCIL
AGENDA ITEM
Report: Permeable Alley Project
1) Resolution adopting the Plans and Specification for the Permeable Alley Project, Specification No. 3954, Plan Nos. 2-411, 4-651, and 18-115; and directing the City Clerk to advertise for bids.
COUNCIL ACTION
Item Type: Consent Calendar
Approved for September 19, 2023 calendar
EXECUTIVE SUMMARY
The plans and specification have been completed for the Permeable Alley Project. This project will utilize the Clean California Local Grant Program (CCLGP) for funding the construction of a network of permeable alleys.
The intent of this item is for the City Council to adopt the project plans and specification and authorize the City Clerk to advertise for bids.
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COUNCIL PRIORITIES
Financial Sustainability: This project takes advantage of economies of scale by combining similar types of improvements at multiple locations in the city to exercise financial sustainability.
Operational Efficiency: New, upgraded, and well-maintained infrastructure reduces downtime, minimizes disruptions, and optimizes resource allocation, allowing the city to provide efficient and reliable services to the community. Furthermore, the construction of infrastructure projects enables the city to meet the needs of the community more efficiently.
Mobility, Traffic and Pedestrian Safety: This project will replace deteriorated alley pavement and improve access and safety in the vicinity of the various alleys.
RECOMMENDATION
Approve the Resolution to adopt the project Plans and Specification for the Permeable Alley Project, Specification No. 3954 and Plan Nos. 2-411, 4-651, and 18-115.
BACKGROUND
The City of Glendale was awarded CCLGP funds to construct the Permeable Alley Project. This is a project that will repave alleys in western and southern Glendale neighborhoods, replacing the current pavement surface with permeable pavement.
The scope of work includes the removal of existing deteriorated asphalt concrete pavement and replacement with a permeable concrete gutter and new asphalt concrete pavement. This will provide a new service life for the alley segment and incorporate stormwater infiltration improvements to capture and treat stormwater runoff and replenish the underground aquifers at the following alleys:
• Alley No. 1 between Wilson Avenue and Harvard Street
• Alley No. 4 and 5 between Broadway and Chevy Chase Drive • Alley No. 9 from Lomita Avenue to the southerly terminus • Alley No. 10 from Adams Street to the westerly terminus • Alley No. 25 between Justin Avenue and Ruberta Avenue • Alley No. 37 between Rosedale Avenue and Newby Street • Alley No. 39 between Sonora Avenue and Grover Avenue
• Alley No. 48 between Gardena Avenue and Railroad Street • Alley No. 49 between Central Avenue and El Bonito Avenue • Alley No. 57 from Alma Street to Highland Avenue
• Alley No. 62 and 66 from Harvard Street to the southerly terminus • Alley No. 64 from Norton Avenue to Alma Street
• Alley No. 65 from Isabel Street to the easterly terminus • Alley No. 69 from Harvard Street to the northerly terminus • Alley No. 101 from Bekins Way to Highland Avenue
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• Alley No. 102 from Highland Avenue to Grange Street
• Alley No. 109 from Doran Street to Pioneer Drive
• Alley No. 195 from Adams Street to the easterly terminus • Alley No. 197 from Wilson Avenue to California Avenue • Alley No. 200 from Wilson Avenue to Broadway
• Alley No. 203 and 204 from Wilson Avenue to Everett Street • Alley No. 219 California Avenue to Alley 220
• Alley No. 220 from Kenwood Street to Jackson Street
• Alley No. 222 from Lexington Drive to Doran Street
• Alley No. 223 from California Avenue to Lexington Drive • Alley No. 250 between Burchett Street and Arden Avenue • Alley No. 257 from Willard Avenue to southeasterly terminus • Alley No. 295 between Cleveland Road to Norton Avenue Not all stormwater can effectively be captured through the use of permeable pavement.
Therefore, additional stormwater infiltration infrastructure in the form of drywells will be installed at the following locations adjacent to the alleys:
• 822 Cleveland Road
• 916 Cleveland Road
• Across from 750 Doran Street
• Across from 820 Doran Street
• 827 Idlewood Road
• 917 Idlewood Road
• 820 Kellogg Avenue
• 1032 Linden Avenue
• 1049 Linden Avenue
• 809 E. Lomita Avenue
• 1000 E. Lomita Avenue
• 910 Pelanconi Avenue
• 912 Ruberta Avenue
• 913 Ruberta Avenue
At locations with the presence of extensive underground utilities that will conflict with the installation of a drywell system, further additional stormwater infiltration infrastructure in the form of bioswales will be installed at the following locations adjacent to the alleys:
• 549 Alexander Street
• 215 S. Cedar Street
• 244 N. Cedar Street
• 210 N. Cedar Street
• 212 S. Everett Street
• 412 N. Kenilworth Avenue
• 506 N. Kenilworth Avenue
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• 544 W. Lexington Drive
• 545 W. Lexington Avenue
• 601 Milford Street
• 725 Orange Grove Avenue
ANALYSIS
To successfully implement the project design and to ensure competitive bids, the city will advertise the project on multiple plan holders’ web sites who publish project bidding documents and distribute the information to their extensive network of contractor and construction industry contacts.
The project will also be advertised in a local newspaper, the Glendale Independent, prior to bid opening, as well as on BidNet, which is a web enabled data service to the public sector, for the dissemination of building and construction project bids to their large number of member contractors and consultants.
Finally, the project bidding documents will also be posted on the city’s website.
The construction of this project is anticipated to begin in January 2024 and will need to be completed by the end of June 2024 or the CCLGP funds will be revoked.
Furthermore, the proposed improvements to the alleys consulted the City of Glendale’s Green Streets Manual. Various green streets elements, such as bio-retention facilities and drywells were studied and will be implemented to capture and recharge the groundwater table. Concrete pavement areas that could be removed and replaced with landscaped areas is implemented in our design.
STAKEHOLDERS/OUTREACH
The environmental benefits to the community stakeholders because of this project will include the following:
Stormwater Management: This project will help manage stormwater runoff by allowing it to percolate into the ground instead of flowing over the surface, which can help reduce the risk of flooding in the project neighborhood.
Groundwater Recharge: This project will allow stormwater to percolate into the ground, recharging groundwater, which can help replenish aquifers and improve the groundwater levels.
Pollution Reduction: This project will help reduce the pollution by filtering out pollutants and contaminants from stormwater runoff before it enters the groundwater supply or existing storm drain systems.
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Pavement Rehabilitation: This project will reconstruct the pavement of the alleys in poor condition with permeable pavement portions and begin a new service life for the pavement surface.
Additionally, before the City of Glendale was awarded CCLGP funds, a project-specific community engagement effort was conducted. A project specific website was created to collect feedback on the project prior to the application for grant funds. As part of the public information campaign, a factsheet was prepared that summarized key components of the project with a link to a brief online survey. This information was provided to the public through an email blast to stakeholder groups and posted on the city’s website and social media platforms (e.g., Twitter, Facebook, etc.).
Public engagement materials included a fact sheet which provided an overview of the project’s improvements and benefits. The fact sheet also included links to the project website and project survey. The project survey also included background information on the project, with questions given to stakeholders for public input that focused on the following topics:
• The type of improvements that would be supported;
• Information on how respondents first heard of project, and • Requested contact information to keep respondents informed of the project’s progress and other related information.
Furthermore, outreach on this project continues to occur through a dedicated website for the project. The website page introduces the public to the project and to the project team, explains the scope of work and project locations, and provides the public with staff contact information for questions, discussion and/or input.
FISCAL IMPACT
There is no fiscal impact associated with this report. The engineer’s estimate for the construction of this project is between $7,586,000 and $8,385,000. Funding for this project has been budgeted from the Measure W Local Fund (2260), CIP Reimbursement Fund (4090), Gas Tax Fund (4020), and Sewer fund (5250).
ENVIRONMENTAL REVIEW (CEQA/NEPA)
The Project is categorically exempt from environmental review because of CEQA Guidelines §§ 15301.
CAMPAIGN DISCLOSURE
Not Applicable
ALTERNATIVES
Alternative 1: Approve the Resolution adopting the project Plans and Specification for the Permeable Alley Project and direct the City Clerk to advertise for bids.
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Alternative 2: Do not approve the Resolution adopting the project Plans and Specification for the Permeable Alley Project. Doing so, however, will not improve the condition of the city alleys and result in the loss of Clean California Local Grant funds, and the city will need to implement other effective stormwater management and pavement rehabilitation practices for these areas.
Alternative 3: The City Council may consider any other alternative not proposed by staff.
ADMINISTRATIVE ACTION
Prepared by:
Saumil Mody, Project Manager
Approved by:
Roubik R. Golanian, P.E., City Manager
EXHIBITS/ATTACHMENTS
Exhibit 1: Project Location Map
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RESOLUTION NO. __________
A RESOLUTION OF THE COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA
ADOPTING THE PLANS AND SPECIFICATION FOR THE PERMEABLE ALLEY PROJECT, SPECIFICATION NO. 3954, PLAN NOS. 2-411, 4-651, and 18-115; AND DIRECTING THE CITY CLERK TO ADVERTISE FOR BIDS.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE:
SECTION 1.The Plans and Specification on file in the City Clerk’s office for the Dunsmore Park Improvements Project including the various documents incorporated therein, are hereby approved, adopted, designated, and shall hereafter be known as Specification No. 3849, Plan Nos. 2-411, 4-651, and 18-115.
SECTION 2. The City Clerk is hereby directed to advertise for bids for the work, equipment and materials described in these Plans and Specifications adopted by this Resolution.
Adopted this _____ day of ____________, 2023.
____________________________
Mayor, City of Glendale
ATTEST:
__________________________
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
CITY OF GLENDALE )
I, Suzie Abajian Ph.D., City Clerk of the City of Glendale, certify that the foregoing Resolution No. _____________ was adopted by the Council of the City of Glendale, California, at a regular meeting held on the _____ day of _________________, 2023, the same was adopted by the following vote:
Ayes:
Noes:
Absent:
Abstain: ___________________________
City Clerk
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VIOLA AV
DOROTHY DR
VALLEY VIEW RD
MERRIMAN PL
PALM DR
PARKWOOD LN
N COLUMBUS AV
N COLUMBUS AV
DRYDEN ST
HILLCREST AV
VIRGINA AV
VIRGINA AV
ALMA ST
IDLEWOOD RD
BEKINS WY AIR WY
SAN FERNANDO RD
FLOWER ST
SANTA FE RAILROAD
FIFTH ST
GRANDVIEW AV
FRANCES CT PAULA AV
DAVIS AV
PAULA AV
GLENWOOD RD WESTERN AV
CALIFORNIA AV CENTRAL AV COLUMBUS AV
BROADWAY
WILSON AV
LEXINGTON DR
HAWTHORNE ST
IVY ST KENILWORTH AV
MILFORD ST
DORAN ST
PIONEER DR BRENT PL
MYRTLE ST
FAIRMONT AV PIONEER DR
GRANGE ST GRANT AV PATTERSON AV GREYDALE AV
FAIRCOURT LN
CLEVELAND RD
GRANDVIEW AV
KENNETH RD
OLMSTED DR
GLENWOOD RD
FIFTH ST
GROVER AV DAVIS AV ROSEDALE AV NEWBY ST WILLARD AV
HAZEL ST
FLOWER ST GRAND CENTRAL AV AIR WY
TRUITT ST ARISTO ST BLOSSOM ST RODIER DR
ZOOK DR
CLEVELAND RD IDLEWOOD RD
GRAYNOLD AV
NORTON AV PELANCONI
DRYDEN ST
PALM DR SOUTH ST
ARDEN AV
BURCHETT ST BUELAH ST PATTERSON AV
CONCORD ST
PACIFIC AV
ARDEN AV
HANN AV
VIRGINA AV RIDGEWAY DR
PACIFIC AV
ARDMODE AV HILLCREST AV MONTGOMERY AV MONTE VISTA AV
SPENCER ST
DOROTHY DR
CLEMENT DR
COLUMBUS AV
BRUCE AV
GRAYNOLD AV NORTON AV
PARKWOOD DR MERRIMAN PL
LAWSON PL CEDAR
CUMBERLAND TER
VALLEY VIEW RD
SPENCER ST
ARBOR DRPARK RIDGE DR
LORAINE ST
W FAIRVIEW AV SAN RAFAEL AV
GLENOAKS BLVD
BASSO TERR
OMARST
HIGHLAND AVE
BROADWAY
AV
KENNETH RD CHESTER ST
DALE AV
DRYDEN ST MELROSE AV
MILFORD ST
ALMA ST
KENILWORTH AV CENTRAL AV
ESTELLE AV
BURCHETT ST
KELLOGG AV
CHERRY ST
PITMAN AV
GESELL ST
W STOCKER ST
MILFORD ST
GLENOAKS BLVD SERVICE ROAD COLUMBUS AV
RUBERTA AV
GLENOAKS BLVD COLUMBUS AV
PALM DR
ALEXANDER ST COMMERCIAL ST STATE ST
TONONI AV
KENILWORTH AV
STOCKER ST
CUMBERLAND RD CHESTER ST COLUMBUS AV
SALEM ST PACIFIC AV KENILWORTH AV CONCORD ST
SALEM ST SAN FERNANDO RD
GLENDALE MONTESSORI
SCHOOL
HOOVER
H.S.
TOLL
M.S.
MARK KEPPEL
E.S.
COLUMBUS
E.S.
JEFFERSON
E.S.
39 25
SAN FERNANDO RD
37 257
RUBERTA AV JUSTIN AV WINCHESTER AV SONORA AV
SONORA AV
295
64 57
101
102
250
109
HILL RD
CONCORD ST
GLENOAKS BLVD
DORAN ST
GRANDVIEW AV
GLENWOOD RD PACIFIC AV
FS 27
CA-134
I-5
SCHOOL
PERMEABLE ALLEY PROJECT, CCL-5144(077)
PROJECT LOCATION MAP
PROJECT LOCATION MAP
CITY BOUNDARY
LEGEND
ALLEY IMPROVEMENT
NOT TO SCALE PUBLIC WORKS DEPARTMENT
ENGINEERING DIVISION
Page-1 OF 2
FIRE STATION
ALLEY NUMBER XX
FS 21
BIO-RETENTION INSTALLATION
DRYWELL INSTALLATION
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RAILROAD ST
PARK AV
WOODBURY RD
WOODBURY RD GALLER PL
SANTA FE RAILROAD
MARION OBERLIN DR
PL VANDERBILT
MARION STANFORD DR E CYPRESS ST
DR
S ADAMS ST
ADAMS PALMER AV
ROMULUS DR
ORANGE GROVE AV
E GARFIELD AV PORTER ST
GARFIELD AV SINCLAIR AV ZERR CT SINCLAIR AV
ADAMS ST McHENRY RD PIEDMONT AV NARANJAI DR
WILSON AV
GARDENA AV
CENTRAL AV
W CYPRESS ST
MAGNOLIA AV MARYLAND AV
E CYPRESS ST CYPRESS ST
COLORADO ST
BOYNTON ST
MARIPOSA ST
PALMER AV
DR ADAMS ST ADAMS ST
PEPPER WY CEDAR ST
ACACIA AV
AVE
AVE
RALEIGH ST
CHESTNUT ST
LOMITA AV
ELK AV ELK AV ELK AV BELMONT ST
MAPLE STEVERETT ST
LOMITA AV FRANKLIN CEDAR ST CEDAR ST
BALBOA AV EVERETT ST
GLENVIA ST DORAN
DORAN ST HOWARD ST GENEVA ST ISABEL ST KENWOOD ST
HARVARD ST LOUISE ST MARYLAND AV
CALIFORNIA AV
RD
MAPLE ST
CHESTNUT ST
LOMITA AV BRAND BLVD
GARFIELD
ACACIA
ACACIA AV EDISON PL COLUMBUS AV CENTRAL AV COLUMBUS AV
BROADWAY
LEXINGTON DR BRAND BLVD
MILFORD ST
MYRTLE ST GROVE PL WOODBURY RD RICHLAND AV LEERIDGE TER
LYNGLEN DR CHEROKEE LN OSCEOLA ST HIGH LINE RD
VERD
HILDA DR
PLUMAS ST PORTER ST
MARION DRPALMER DR
DR
GREEN ST OBERLIN DR LOMA CREST MARION DR MARION DR
CORONA DR
WELLESLEY DR DARTMOUTH DR DR CAMBRIDGE COLUMBIA DR
CRESCENT DR
BERKELEY PRINCETON DR YALE DR SCOFIELD DR
DR
VISTA
ALTA
WILSON TERR
CALIFORNIA AV
MILLAR DR
LUTON DR
CANYON DR
LA LOMA RD
RICHARD PL SINCLAIR AV LUKENS PL
DIXON ST
ROCKGLEN AV
MAPLE ST
KENT PL LANGLEY ST LAFAYETTE ST ZINNIA LN VERDUGO RD GRISWORD ST
CARLTON DRFISCHER ST WING ST CHEVY CHASE DR
ORANGE GROVE AV REYNOLDS DR
BRIER
VISTA CT
OAKRIDGE DR
OAKRIDGE DR
CERRITOS AV MIRA LOMA AV
CERRITOS AV
CYPRESS ST
MAGNOLIA AV
EL BONITO AV RAILROAD ST
LOS ANGELES ST
GARDENA AV S ORANGE ST
MADISON WY
HEMINGER ST
ROADS
MISSION RD
CHASE
AVE
RD VIRGINIA PL
MAPLE
W LOMITA AV
MISSION RD
LN
GLENDALE AV
DR
ST
WINDSOR
ORANGE GROVE AVE ST
DR
END
OAKS DR
DORAN ST
ST ORANGE ST
CT MARYLAND AV LINCOLN AV
FERNANDO CT LOS FELIZ RD
VALLEJO DR
VINCENT WY
STANFORD
CORNELL DR BELMONT ST
CHEVY
CHASE
VISTA SUPERBA DR
COLORADO ST
BROADWAY TYLER STFISCHER ST
MAPLE ST BELMONT ST
E CALIFORNIA AV
COLBY DR
GALLER PL
FOREST AV
LAUREL ST
EULALIA ST CENTRAL AV
VERDUGO RD
LEXINGTON DR
DR SCENIC
LOS FELIZ RD
CHESTNUT ST
TRENTON AV
BARRINGTON WY GENEVA ST
WILSON AV COLUMBUS AV ORANGE ST
SALEM ST
COTTAGE GROVE LN
REEVES PL
WINDSOR RD GLENDALE AV BRAND BLVD ORANGE ST HAGUE CT
PALMER AV
GARFIELD AV
S LOUISE ST
SAN FERNANDO RD
GREEN ST PROSPECT BOYNTON ST
PALMER AV LA BOICE DR CENTRAL AV
MAGNOLIA AV GRANADA ST FLORENCE PL MARIPOSA ST
ELK AV EVERETT ST JACKSON ST
HARVARD ST MAYNARD ST CARR DR OLIVE ST CAMPUS ST
ZION
LUTHERAN
E.S.
GLENDALE MONTESSORI
HOLY FAMILY
H.S.
GLENDALE CHRISTIAN
SCHOOL
FIRST LUTHERAN
SCHOOL
CHRISTIAN
SCHOOL
HOLY FAMILY
E.S.
COLUMBUS
E.S.
WHITE
E.S.
DAILY
H.S.
ROOSVELT
M.S.
GLENDALE
H.S.
CHEVY CHASE DR
GLENDALE AV
CALIFORNIA AV
CEDAR ST ISABEL ST
HARVARD ST
STANLEY DR ADAMS ST
WINDSOR RD MARIPOSA ST
ACACIA AV
MARSHALL E.S.
MANN
E.S. MUIR GARFIELD E.S. COMMUNITY COLLEGE CHEV CHASE DR
CERRITOS
E.S.
222
223
220
219
204
203 197
200 195
1 62 66
69 65
5 4
9 10
49 48
DORAN ST
CA-134
FS 21
FS 22
FS 25 KENWOOD ST JACKSON ST LOUISE ST
VINE ST
PERMEABLE ALLEY PROJECT, CCL-5144(077)
PROJECT LOCATION MAP
PROJECT LOCATION MAP
NOT TO SCALE
PUBLIC WORKS DEPARTMENT
ENGINEERING DIVISION
Page-2 OF 2
SCHOOL
CITY BOUNDARY
LEGEND
ALLEY IMPROVEMENT
FIRE STATION
ALLEY NUMBER XX
FS 21
BIO-RETENTION INSTALLATION
DRYWELL INSTALLATION
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CITY OF GLENDALE, CALIFORNIA
REPORT TO THE CITY COUNCIL
AGENDA ITEM
Report: Final Map for Tract No. 82266, for a 12-Unit multi-family residential Condominium Subdivision at 361-365 Myrtle Street.
1. Resolution approving the final map of tract No. 82266, for a 12-unit multi-family residential condominium subdivision, at 361-365 Myrtle Street
COUNCIL ACTION
Item Type: Consent Calendar
Approved for September 19, 2023 calendar
EXECUTIVE SUMMARY
Approval of a Final Map for the subdivision of Tract Map No. 82266 for the following applicant allows for a new 12-unit multi-family residential condominium:
Subdivider: Myrtle Development Incorporated
Attn: George Dagliyan
7617 Louise Avenue
Northridge, CA 91325
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COUNCIL PRIORITIES
Economic Development: Approval of the Final Map will create additional housing units to help provide more housing throughout the city.
RECOMMENDATION
Approve the resolution approving the Final Map for Tract No. 82266, for a 12-unit multifamily residential Condominium Subdivision, at 361-365 Myrtle Street.
BACKGROUND
On May 6, 2020, the Tentative Map for Tract No. 82266 for a proposed 12-Unit multifamily residential Condominium Subdivision at 361-365 Myrtle Street was approved by the Planning Commission of the City of Glendale subject to compliance with the Subdivision Map Act, other applicable State statutes, Chapters 16.32 (Final Maps) and
16.16 (New Condominiums) of Title 16 and Title 30 of the Glendale Municipal Code, as well as fifty-one conditions of approval.
The conditional approval given by the Planning Commission on this Tentative Map was set to expire on May 6, 2023, thirty-six months from the date of the Planning Commission’s action. The applicant applied for a time extension on April 17, 2023. On July 19, 2023, the Planning Commission granted a time extension for an additional twenty-four month period to May 6, 2025.
ANALYSIS
The Final Map for Tract No. 82266 is now ready for approval by the City Council. The city has received a copy of the Title Report and the Declaration of Covenants, Conditions and Restrictions, establishing a Homeowner’s Association, all of which are in acceptable form.
All conditions of approval of the Tentative Map have been met and the Final Map has been found by the Planning Division to be in general conformance with the Tentative Map. Accordingly, the Director of Community Development and the Deputy Director of Public Works/City Engineer recommend the approval of the Final Map.
STAKEHOLDERS/OUTREACH
Not applicable.
FISCAL IMPACT
There is no fiscal impact associated with this report.
ENVIRONMENTAL REVIEW (CEQA/NEPA)
This project is exempt from California Environmental Quality Act review as a Class 32- "In-fill Development Project" exemption pursuant to state CEQA Guidelines Section 15332 because the project meets all conditions for an in-fill development project. 24 of 253
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CAMPAIGN DISCLOSURE
Not Applicable
ALTERNATIVES
Alternative 1: Approve the Final Map for Tract No. 82266.
Alternative 2: Do not approve the Final Map for Tract No. 82266. The availability of additional housing will not be increased.
Alternative 3: The City Council may consider any other alternative not proposed by staff.
ADMINISTRATIVE ACTION
Prepared by:
Jesus Pua, Civil Engineering Associate
Approved by:
Roubik R. Golanian, P.E., City Manager
EXHIBITS/ATTACHMENTS
Exhibit 1: Vicinity Map
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RESOLUTION NO. __________
A RESOLUTION OF THE COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA APPROVING THE FINAL MAP OF TRACT NO. 82266, FOR A 12-UNIT MULTIFAMILY RESIDENTIAL CONDOMINIUM SUBDIVISION, AT 361-365 Myrtle Street.
WHEREAS, the Final Map of Tract No. 82266 has been submitted and meets the requirements as set forth in California Government Code Sections 66433, et seq. and is now ready for approval by the City Council; WHEREAS, the City has received a copy of the Title Report and the Declaration of Covenants, Conditions and Restrictions establishing a Homeowner’s Association and same has been reviewed and found to be in an acceptable form; WHEREAS, the Director of Community Development and the Deputy Director of Public Works/City Engineer have found said Final Map to be in general conformance with the tentative map and have certified same as meeting all conditions of approval of the tentative map;
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE:
SECTION 1. Based on the staff report of the Director of Public Works dated September 19, 2023, the certifications of the Director of Community Development and Deputy Director of Public Works/City Engineer; the written and oral testimonies and exhibits thereto, the City Council hereby finds that the Final Map of Tract No. 82266 meets all the conditions of approval of the tentative map, is in general conformance with said tentative map, and as such is hereby approved.
SECTION 2. The City Clerk is hereby instructed to endorse in due form, such approval upon said Map and affix a City seal thereto, and certify the passage of this Resolution.
Adopted this _____ day of ____________, 2023.
____________________________
Mayor, City of Glendale
ATTEST:
__________________________
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
CITY OF GLENDALE )
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I, Suzie Abajian, Ph.D, City Clerk of the City of Glendale, certify that the foregoing Resolution No. _____________ was adopted by the Council of the City of Glendale, California, at a regular meeting held on the _____ day of _________________, 2023, the same was adopted by the following vote:
Ayes:
Noes:
Absent:
Abstain: ___________________________
City Clerk
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CITY OF GLENDALE, CALIFORNIA
REPORT TO THE CITY COUNCIL
AGENDA ITEM
Report: Industrial Pump Maintenance and Repair Services 1) Resolution Adopting Specification No. 3963, for Industrial Pump Maintenance and Repair Services and Directing the City Clerk to Advertise for Bids.
COUNCIL ACTION
Item Type: Consent Calendar
Approved for September 19, 2023 calendar
EXECUTIVE SUMMARY
The city possesses various large industrial pumps that are integral to the Glendale’s sewer, stormwater and facility systems and must be appropriately maintained. Specialized equipment, training and expertise is required to properly diagnose, maintain and repair this vital infrastructure.
The intent of this item is for the City Council to approve a resolution adopting specification for Industrial Pump Maintenance and Repair Services.
COUNCIL PRIORITIES
Operational Efficiency: The requested services will ensure proper upkeep of city assets and reliability of industrial pump systems. These services also help prevent costly backups and other adverse environmental impacts.
RECOMMENDATION
Approve a resolution adopting Specification 3963, providing forIndustrialPump Maintenance and RepairsServices, and directing the City Clerk to advertise for bids.
BACKGROUND
The Public Works Department is responsible for the operation, maintenance, and repair of all city sewer and storm drain systems. These systems include lift-pumps, stormwater pumps, and sewage ejector pumps. Industrial pumps range from 0.5 to 33.5 horsepower and require specialized equipment, training, and facilities to ensure the proper care.
Historically, the Public Works Department has provided these contract services via a purchase order contract shared by the Maintenance Services Division for sewer and storm drain pump work and the Facilities Management Division for work at city facility 29 of 253
sites. However, the city has a departmental annual cap of $50,000 on maintenance of public works purchase orders that the projected cost of these services now exceeds.
Due to the rising cost of labor and materials it is no longer feasible to manage the needed maintenance and repairs of the city’s pumps with an annual purchase order with a $50,000 annual maximum limit. Staff has recently deferred some repair and replacement work to keep annual costs under the limit; however, to meet the ongoing preventive maintenance schedule and to ensure the ongoing reliability of these systems additional annual contract capacity is required.
The Public Works Department responsibilities are commonly addressed with a strategic combination of in-house staff and contracted services. This strategy allows for sufficient and available resources to address regular assignments, specialty services, and emergency services.
To best maintain the integrity of the city's industrial pumps and address tenant and public needs, it is necessary for the Public Works Department to always have sufficient resources available to address all types of infrastructure related issues.
ANALYSIS
To provide safe and reliable services, it is essential for the Public Works Department to maintain available resources for preventive maintenance and repairs to all serviceable assets. Specification 3963 is requesting 5-years of maintenance and repairs services for industrial pumps. Staff estimates the annual cost of these services to be $100,000.
STAKEHOLDERS/OUTREACH
Building Maintenance and Repair Services contracts will augment Public Works maintenance staff services to increase the reliability and conditions of all city facilities. By combining contractors’ access to sophisticated tools and training with staff’s onsite experience and availability, Public Works can keep city systems in a safe and reliable state. This makes the entire city safer all for residents and visitors.
FISCAL IMPACT
The maintenance of public works contract for Industrial Pump Maintenance and Repair Services is projected to cost $100,000 per year for five years or $500,000 total. The projected cost of $100,000 in year-one was approved as a part of the FY 2023-24 budget. Therefore, no new appropriation is being requested at this time. The City Council approved funding is outlined below:
Existing Appropriation
Amount Account String Funding Source
$ 50,000 GL: 43110-5250-PWD-7528-P0000 Sewer Fund
$ 50,000 GL: 43050-6070-PWD-7508-P0000 Building Maintenance Fund 30 of 253
ENVIRONMENTAL REVIEW
This item includes routine maintenance and repairs activities and therefore, not subject to CEQA review.
CAMPAIGN DISCLOSURE
Not applicable.
ALTERNATIVES
Alternative 1:Adopt the resolution for Specification No. 3963 for Industrial Pump Maintenance and Repairs, and direct the City Clerk to advertise for bids.
Alternative 2: Do not approve the resolution and staff will continue providing Industrial Pump Maintenance and Repairs within the bounds of an annual Purchase Order which will compromise the reliability of these systems.
Alternative 3: The City Council may consider any other alternative not proposed by staff. 31 of 253
ADMINISTRATIVE ACTION
Prepared by:
Kevin C. Todd, Assistant Director of Public Works
Approved by:
Roubik R. Golanian, P.E., City Manager
EXHIBITS / ATTACHMENTS
NA
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RESOLUTION NO. __________
A RESOLUTION OF THE COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA ADOPTING THE SPECIFICATION FOR INDUSTRIAL PUMP MAINTENANCE AND REPAIR SERVICES; AND DIRECTING THE CITY CLERK TO ADVERTISE FOR BIDS.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE:
SECTION 1. The Specification No. 3963 is on file in the City Clerk’s office for the Industrial Pump Maintenance and Repair Services including the various documents incorporated therein, are hereby approved, adopted, and designated
SECTION 2. The City Clerk is hereby directed to advertise for bids for the work, equipment and materials described in this Specification adopted by this Resolution.
Adopted this _____ day of ____________, 2023.
____________________________
Mayor, City of Glendale
ATTEST:
__________________________
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
CITY OF GLENDALE )
I, Suzie Abajian, Ph.D., City Clerk of the City of Glendale, certify that the foregoing Resolution No. _____________ was Adopted by the Council of the City of Glendale, California, at a regular meeting held on the _____ day of _________________, 2023, the same was adopted by the following vote:
Ayes:
Noes:
Absent:
Abstain:
_________________________
City Clerk
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CITY OF GLENDALE, CALIFORNIA
REPORT TO THE CITY COUNCIL
AGENDA ITEM
Report: Proposed Habitat Conservation Fund (HCF) Grant Applications for Wildlife Area Activities – Nature Education Program at Stone Barn Nature Center and Trails – Trails Signage for 3 Glendale Parks
1. Resolution approving the submission of two (2) Habitat Conservation Fund (HCF) Grant applications to State of California Department of Parks and Recreation for Wildlife Activities - Nature Education Program at Stone Barn Nature Center and Trails –Trails Signage for 3 Glendale Parks, and authorizing the City Manager or a designee to conduct all negotiations, execute and submit all documents, including, but not limited to applications, agreements, amendments, payment requests and so on, which may be necessary for the completion of the project.
COUNCIL ACTION
Item Type: Consent Calendar
Approved for September 19, 2023 calendar
EXECUTIVE SUMMARY
Staff is seeking Council’s approval to submit two (2) Habitat Conservation Fund Grant (HCF) applications to State of California Department of Parks and Recreation for Wildlife Activities - Nature Education Program at Stone Barn Nature Center and Trails –Trails Signage for 3 Glendale Parks. Through the Nature Education Program, CSP will (1) provide bus transportation with designated stops in South Glendale to visit Deukmejian Wilderness Park located in North Glendale, (2) grow its Docent Program by engaging long-term volunteers who interact directly with the public through the Nature Education Program’s interpretation and environmental education activities, and (3) expand the hours of operation at the Stone Barn Nature Center during the summer months and school breaks when camps are not in session. Also, CSP will install wayfinding and interpretative signage at three (3) Glendale parks: Glendale Sports Complex, Brand Park and Deukmejian Wilderness Park. These projects will support sustainable connections to vital open space experiences and outdoor recreation in Glendale parks and park facilities for urban residents, while also becoming better stewards of parks and open resources.
The estimated project cost for the Nature Education Program is $672,500. The grant request is for $336,250 and City's match requirement is 100% ($336,250). The Measure S and General Fund funds allocated to Nature Education Programming will allow us to meet some of the grant match requirement, but if more is necessary, staff will explore 34 of 253
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other grant opportunities. The estimated project cost for the Trails Signage for 3 Glendale Parks is $135,000. The grant request is for $67,500 and City's match requirement is 100% ($67,500). Staff will explore other funding sources, such as Measure A or other grant opportunities for the match requirement if the City is awarded the grant funds. Once the grant funds have been secured, staff will return to Council to request appropriation of grant award and the additional funds for the match requirement.
COUNCIL PRIORITIES
Financial Sustainability – Explore and develop new revenue streams. CSP is researching available grant opportunities through the State of California Department of Parks and Recreation for recreation programs and Capital Improvement Projects.
RECOMMENDATION
That City Council approve a Resolution authorizing staff to submit two (2) Habitat Conservation Fund Grant (HCF) applications to State of California Department of Parks and Recreation for Wildlife Area Activities - Nature Education Program at Stone Barn Nature Center and Trails –Trails Signage for 3 Glendale Parks and authorizing the City Manager or a designee to conduct all negotiations, and to execute and submit all necessary documents.
BACKGROUND
The Habitat Conservation Fund (HCF) is a local assistance program of the State of California, Department of Parks and Recreation (DPR). Within DPR, Office of Grants and Local Services (OGALS) is authorized to administer the program. The mission of California State Parks is to provide for the health, inspiration, and education of the people of California by helping to preserve the state’s extraordinary biological diversity, protecting its most valued natural and cultural resources, and creating opportunities for high-quality outdoor recreation.
For the HCF Wildlife Area Activities funding, eligible projects include an event or series of events to be accomplished with grant funds, such as a nature interpretation, educational, or other enrichment project, (e.g., classes, trips, etc.), organized and/or conducted by the Grantee, and intended to bring urban residents into park and/or wildlife Areas. The Nature Education Program, inclusive of the Glendale Outdoors! (GO!) Program, Restoration Program/ Wilderness Workdays, and Stone Barn Nature Center Field Trips is a unique opportunity for youth, families, residents and community members to experience natural and cultural resources offered at the Stone Barn Nature Center located in Deukmejian Wilderness Park in the city of Glendale. Through these programs, participants will participate in interpretive/ nature hikes, informative tours of the barn and its history, and other recreational activities that connect them to natural settings and promote environmental awareness and education.
With the additional funding from HCF for Wildlife Area Activities, CSP will (1) provide bus 35 of 253
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transportation with designated stops in South Glendale to visit Deukmejian Wilderness Park located in North Glendale, (2) grow its Docent Program by engaging long-term volunteers who interact directly with the public through the Nature Education Program’s interpretation and environmental education activities, and (3) expand the hours of operation at the Stone Barn Nature Center during the summer months and school breaks when camps are not in session.
For the HCF Trails funding, eligible projects include acquisition or development of trails which bring urban residents into park and/or wildlife areas. CSP will install trail signage for at least nine (9) trails, including but not limited to: San Rafael Hills Mountain Do and Catalina Verdugo Trails at Glendale Sports Complex; Seven Trees, Verdugo Crest and Beaudry Trails at Brand Park; and Les Mesnager Loop, Crescenta View, Rim of the Valley, and Dunsmore Canyon Trails at Deukmejian Wilderness Park.
With the funding from HCF for Trails, CSP will install new wayfinding and interpretative signage at Deukmejian Wilderness Park to complement the interactive map of hiking trails that can be accessed at the historic Stone Barn Nature Center. Also, CSP will replace trail signage at Glendale Sports Complex and Brand Parks to incorporate more interpretive details that include the trail map, information about the trail’s ecology and environment (elevation, difficulty of hike, etc.), historical information (if relevant), and important contact information for emergencies and trail maintenance issues. A QR code will also be implemented to connect hikers and trail users to the CSP department websites for additional educational components related to the Nature Education and Trails & Open Space programs that are available for all to access.
ANALYSIS
The goal of the Nature Education Program is to improve: Development and Social WellBeing; Health (Physical and Mental); Academic Performance; Arts & Creativity and Environmental Stewardship. If the Nature Education Program is not selected for funding, there are several challenges faced for Glendale residents and community members to access parks and open space in Glendale. Transportation in relation to lack of vehicle access, long distances and lengthy times, and costs is one of the major barriers, and CSP would offer bus transportation at no-charge to reduce these gaps for park go-ers, residents and the Glendale community. CSP addresses the barriers that underserved and economically marginalized communities face to accessing nature experiences by providing transit access to outdoor spaces and expanding education and outreach programs, like the Nature Education Program.
Through the Trails Signage at 3 Glendale Parks project, CSP will enhance visitor experience by designing and improving wayfinding and interpretive signage at Glendale Sports Complex, Brand Park and Deukmejian Wilderness Park that have trailheads into city-held open spaces and regional trail connections. The proposed project would support sustainable management of recreational trails by providing better visitor reception, engage youth and underserved communities in interpretation and enjoyment of recreation uses, and minimize development and proliferation of new unauthorized routes. 36 of 253
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These vital enhancements will improve the trail experience for hikers and recreational users at these parks and provide wayfinding, environmental education, and interpretation.
This project will support sustainable connections to vital open space experiences and outdoor recreation in Glendale parks for urban residents by designing and installing wayfinding and interpretive signage to help residents and community members safely and responsibly enjoy key trail resources, while also becoming better stewards of parks and open resources.
STAKEHOLDERS/OUTREACH
The community overall, both residents and visitors, would benefit from these two proposed projects in the City. If funded, staff will outreach to the public to notify them of the upcoming projects, either through direct community meetings or notification to the public regarding the project being presented at Commission and Council meetings.
FISCAL IMPACT
The estimated project cost for the Nature Education Program is $672,500. The grant request is for $336,250 and City's match requirement is 100% ($336,250). The Measure S and General Fund funds allocated to the Nature Education Programming will allow us to meet some of the grant match requirement, but if more is necessary, staff will explore other grant opportunities.
Existing Appropriation
Amount Account String Funding Source
297,520 GL: Various-1070-CSP-8509-P5204 General Measure S Fund 66,463 GL: Various-1010-CSP-3100-P5571 General Fund
The estimated project cost for the Trails Signage for 3 Glendale Parks is $135,000. The grant request is for $67,500 and City's match requirement is 100% ($67,500). Staff will explore other funding sources, such as Measure A or other grant opportunities for the match requirement if the City is awarded the grant funds. Once the grant funds have been secured, staff will return to Council to request appropriation of grant award and the additional funds for the match requirement.
ENVIRONMENTAL REVIEW (CEQA/NEPA)
Because no possibility exists that the activity in question (submitting 2 Habitat Conservation Fund Grant applications) may have a significant effect on the environment, the activity is not subject to CEQA review under the commonsense exemption set forth in 14 Cal. Code Regs. § 15061(b)(3).
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CAMPAIGN DISCLOSURE
This item is exempt from campaign disclosure requirements.
ALTERNATIVES
Alternative 1: Approve a Resolution authorizing staff to submit two (2) Habitat Conservation Fund (HCF) Grant applications to State of California Department of Parks and Recreation for Wildlife Area Activities - Nature Education Program at Stone Barn Nature Center and Trails –Trails Signage for 3 Glendale Parks and authorizing the City Manager or a designee to conduct all negotiations, and to execute and submit all necessary documents.
Alternative 2: Choose not to approve submission of two (2) Habitat Conservation Fund Grant applications to State of California Department of Parks and Recreation for the Nature Education Program at Stone Barn Nature Center and Trails Signage for 3 Glendale Parks. This would keep the existing outdoor recreational opportunities and trails signage the same.
Alternative 3: Consider any other alternative not proposed by staff.
ADMINISTRATIVE ACTION
Prepared by:
Gabrielle Goglia, Community Services Manager
Amirah Limayo, Senior Administrative Analyst
Tereza Aleksanian, Deputy Director of Community Services & Parks Koko Panossian, Deputy Director of Community Services & Parks Approved by:
Roubik R. Golanian, P.E., City Manager
EXHIBITS/ATTACHMENTS
N/A
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1 RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GLENDALE,
CALIFORNIA, APPROVING THE APPLICATION FOR GRANT FUNDS FROM THE
HABITAT CONSERVATION FUND PROGRAM
WHEREAS, the people of the State of California have enacted the California Wildlife Protection Act of 1990, which provides funds to the State of California for grants to local agencies to acquire, enhance, restore or develop facilities for public recreation and fish and wildlife habitat protection purposes; and
WHEREAS, the State Department of Parks and Recreation has been delegated the responsibility for the administration of the HCF Program, setting up necessary procedures governing project application under the HCF Program; and WHEREAS, said procedures established by the State Department of Parks and Recreation require the applicant to certify by resolution the approval of application(s) before submission of said application(s) to the State; and WHEREAS, the applicant will enter into a contract with the State of California to complete the project(s);
NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF GLENDALE:
1. Approves the filing of an application for the Habitat Conservation Fund Program; and
2. Certifies that said applicant has or will have available, prior to commencement of any work on the project included in this application, the required match and sufficient funds to complete the project; and
3. Certifies that the applicant has or will have sufficient funds to operate and maintain the project(s), and
4. Certifies that the applicant has reviewed, understands, and agrees to the provisions contained in the contract shown in the Grant Administration Guide; and
4. Delegates the authority to the City Manager or designee, to conduct all negotiations, execute and submit all documents, including, but not limited to applications, agreements, amendments, payment requests and so on, which may be necessary for the completion of the project.
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2 6. Agrees to comply with all applicable federal, state, and local laws, ordinances, rules, regulations and guidelines.
Adopted this day of , 2023.
Mayor
ATTEST:
City Clerk
STATE OF CALIFORNIA )
) SS
COUNTY OF LOS ANGELES )
I, Suzie Abajian, Ph.D., City Clerk of the City of Glendale, certify that the foregoing Resolution No. was adopted by the Council of the City of Glendale, California, at a regular meeting held on the day of , 2023, by the following vote:
Ayes:
Noes:
Absent:
Abstain:
City Clerk
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8a
CITY OF GLENDALE, CALIFORNIA
REPORT TO THE CITY COUNCIL
AGENDA ITEM
Report: City of Glendale Investment Policy
1. Resolution adopting the City Investment Policy for Fiscal Year 2023-2024.
COUNCIL ACTION
Item Type: Action Item
Approved for September 19, 2023 calendar
EXECUTIVE SUMMARY
The City Treasurer presents for City Council review and acceptance the Investment Policy of the City for Fiscal Year 2023-2024.
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COUNCIL PRIORITIES
N/A
RECOMMENDATION
Review and adopt the City Investment Policy for Fiscal Year 2023-2024.
BACKGROUND
Annually, the Glendale City Treasurer is required to present the Annual Investment Report to the City Council in a public meeting and any recommended changes to the Investment Policy, which was last approved in October of 2022.
ANALYSIS
There are no proposed changes to the City Investment Policy.
STAKEHOLDERS/OUTREACH
N/A
FISCAL IMPACT
There is no fiscal impact associated with this report.
ENVIRONMENTAL REVIEW (CEQA/NEPA)
N/A
CAMPAIGN DISCLOSURE
This item is exempt from campaign disclosure requirements.
ALTERNATIVES
Alternative 1: The City Council adopts current Investment Policy.
Alternative 2: The City Council recommends changes to Investment Policy.
Alternative 3: The City Council may consider any other alternative not proposed by staff.
ADMINISTRATIVE ACTION
Prepared by:
Guia Murray, Assistant City Treasurer
Approved by:
Roubik R. Golanian, P.E., City Manager
EXHIBITS/ATTACHMENTS
Investment Policy of the City of Glendale
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RESOLUTION NO. __________________
RESOLUTION OF THE COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA
APPROVING THE INVESTMENT POLICY FOR THE CITY TREASURER
INVESTMENT OF CITY FUNDS
WHEREAS, the Council of the City of Glendale has previously adopted an Investment Policy for the City Treasurer in the Investment of City Funds; and WHEREAS, it is in the best interest of the City from time to time to review, revise and if necessary, readopt the Investment Policy, and
WHEREAS, both the City Treasurer and Investment Policy Advisory Committee have determined that a revision to the policy is appropriate to better diversify the Investment Policy of the City of Glendale.
NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA:
SECTION 1. That the Investment Policy of the City of Glendale, as revised dated September 26, 2023, is hereby approved and adopted as the Investment Policy of the City of Glendale.
SECTION 2. The City Treasurer shall retain a copy of the Investment Policy in the office of the City Treasurer.
Adopted this _____________ day of ___________, 2023.
________________________________________
Mayor
ATTEST:
___________________
City Clerk
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF GLENDALE )
I, SUZIE ABAJIAN, City Clerk of the City of Glendale, do hereby certify that the foregoing Resolution No. ___________ was adopted by the Council of the City of Glendale, California, at a regular meeting held on the ___26th___ day of _September, 2023, and that same was adopted by the following vote:
Ayes:
Noes:
Absent:
________________________
City Clerk
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1 INVESTMENT POLICY OF THE CITY OF GLENDALE, CALIFORNIA September 2023
SECTION 1. PURPOSE
The purpose of this policy statement is to set forth the investment and operational policies for the management of the public funds of the City of Glendale, California. These policies have been adopted by, and can be changed only by, a majority vote of the City Council.
These policies are designed to ensure the prudent management of public funds, the availability of operating and capital funds when needed, and an investment return competitive with those of comparable funds and financial market indexes.
A copy of this statement will be provided to all investment dealers and investment managers doing business with the City of Glendale, and will be provided to other interested parties on request. Receipt of this policy, including confirmation that it has been reviewed by persons dealing directly with the City of Glendale’s account will be received prior to any organization providing investment services to the City of Glendale.
SECTION 2. STATUTORY AUTHORITY
City of Glendale Charter (Article XI, Section 2) provides that “The City Treasurer shall receive and safely keep and pay out as directed in this Charter all moneys belonging to the city and all moneys received by or coming in to the hands of any officer, board, department or employee of the city and shall keep an exact account of receipts and disbursement.” California State Government Codes Section 53607 and 53608 provide the authority for the legislative body of the local agency to invest the funds of the local agency or to delegate the full responsibility to the treasurer of the local agency. As per Resolution No. 16,949, dated 14 September 1971, the elected City Treasurer of the City of Glendale is authorized to invest and reinvest City funds and to sell or exchange securities so purchased.
SECTION 3. ORGANIZATION
The organization of the investment functions of the City of Glendale shall consist of the City Council, the City Treasurer and an Investment Policy Advisory Committee. The responsibilities of these groups are as follows:
1. The City Council
This group is the elected body responsible for the administration and investment of the investment assets of the City of Glendale. To assist them in discharging their responsibilities, the City Council shall supervise the actions of the elected City Treasurer as chair of the Investment Policy Advisory Committee. 45 of 253
2 SECTION 3. ORGANIZATION (Continued)
2. The Elected City Treasurer
The elected City Treasurer is the investment officer of the City of Glendale and is granted full authority and responsibility by the City Council in the purchase, sale, assignment, exchange and transfer of securities and for the safe custody of security holdings, subject to Council policies, rules, regulations and directives consistent with regulatory and statutory limitations. In the absence of the City Treasurer, the Deputy City Treasurer shall perform the duties of investment as directed by the City Treasurer. The City Charter provides for the replacement of the elected City Treasurer in case of death or permanent disability.
3. The Investment Policy Advisory Committee
The Investment Policy Advisory Committee is presently composed of seven (7) members: The elected City Treasurer as chairperson, the City Manager or his/her designee, the Director of Finance and Administrative Services, the Internal Auditor, a Department Head designated by the City Manager, a City Attorney representative, and a citizen representative. The committee reviews the monthly reports presented to the City Council and confers with the City Treasurer if there are any concerns that need to be addressed. (See Committee Charter for further information concerning the duties of the committee.) SECTION 4. INVESTMENT PHILOSOPHY
Except where specifically directed by the State Constitution, statutes, or regulations, the general investment policies of the City of Glendale will be guided by the “prudent investor” rule. Those with investment responsibility for public funds are fiduciaries and, as such, “shall exercise the judgment and care under the circumstances then prevailing that persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation but in regard to the permanent disposition of their funds,” considering probable safety of their capital first as well as probable income. Public funds for the City of Glendale will be pooled for maximum investment objective. This policy is applicable, but not limited to all funds listed below:
General Fund Monies
Electric Funds Monies (not Bonds)
Water Fund Monies (not Bonds)
Capital Outlay Fund
Sewer Funds
Refuse Fund
Redevelopment Bonds, Bond reserve funds, deferred compensation and retirement funds are directed by the Director of Finance and Administrative Services via Trust Agents. 46 of 253
3 SECTION 5. INVESTMENT OBJECTIVES
The investment objective is as follows:
a. Objective - The primary investment objectives of this portfolio are preservation of principal and liquidity; income or yield is a SECONDARY objective.
b. Risk tolerance - Because most of the principal of the fund will be paid out over the course of the fiscal year, volatility of principal is not permitted. Financial risk is not acceptable, and because of the short investment time horizon of the funds, exposure to interest rate risk and purchasing power risk will be minimal.
c. Rate of return - The annual time-weighted rate of return of this portfolio should at least meet the annual total return on three-month Treasury bills.
d. ESG Responsibilities - In addition to and subordinate to the Safety, Liquidity, and Yield investment objectives, investments that support sound environmental, social and governance (ESG) objectives are also considered. Investments in entities that support these objectives through practices that emphasize the following:
• Environmental consideration such as Climate Change, Carbon Emissions, Air and Water Pollution, Deforestation and Energy Efficiency.
• Social Considerations such as Community Relations, Diversity, Labor Standards and specifically Human Rights.
• Governance considerations such as Board Composition, Corruption and Lobbying that does not aligns with the city’s ESG policy.
There is no one specific and exhaustive list of ESG issues that should be considered, the specifics above are a baseline, and additional issues should be considered from a moral and ethical perspective. Specific issues that will be considered include refraining from investments in entities that engage in direct production and/or drilling of fossil fuels, entities that lobby and deny the Holocaust and Genocide and entities that discriminate based on race, color, religion, sex (including gender identity, sexual orientation) national origin, age or disability.
SECTION 6. INVESTMENT POLICY GUIDELINES
Prohibited Investments include:
a. Loans with an agreement for the collateral to be repurchased by the borrower (repurchase agreements from the perspective of the public body).
b. Futures and options for the sole purpose of hedging interest rate risk. c. Purchases on margin or short sales.
d. Derivative securities that are, in effect, a leveraged bet on future movements of interest rates or some price index. Collateralized Mortgage Obligations (CMO’s), because of their complexity and prepayment rate uncertainty.
e. Lending securities with an agreement to buy them back after a stated period of time (reverse repurchase agreements from the perspective of the public body). 47 of 253
4 SECTION 7. EXECUTIONS
The responsibility for the execution of security transactions shall rest with the elected City Treasurer and/or his/her designated deputy/staff. The selection of the broker-dealer/securities trader shall be on a best execution basis as determined by the City Treasurer.
Security orders shall be placed on the basis of accepted investment practices. A periodic review of the capital adequacy of institutions shall be undertaken by the elected City Treasurer.
Receipts for the confirmation of trades of authorized securities will include information on trade date, par value, maturity, interest rate, price, yield, settlement date, description of securities purchased, agency’s name, amount due, and third-party custodial information. Confirmations will be received within three business days after the trade.
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SECTION 8. PERSONAL CONDUCT
5 The City Council of the City of Glendale is acutely aware of the responsibilities that the staff has in administering the investment assets of the City of Glendale. Therefore, the integrity of the staff and all others involved in making investment decisions must be unquestioned.
Members of the City Council, the City Manager, Department Heads, members of the investment staff, members of the Investment policy Committee and other city committees or commissions may not have a direct or indirect interest in or gains or profits of any investment made by the City of Glendale and may not receive any pay or emolument for services other than as designated compensation and authorized expenses.
City of Glendale’s assets shall be governed in their personal investment activities by the codes of conduct established by the applicable state statutes, the National Association of Securities Dealers (NASD), and the Securities and Exchange Commission (SEC), and the code of Ethics and Standards of professional conduct of the Association for Investment Management and Research.
All persons responsible for investment decisions or who are involved in the management of the City of Glendale’s assets are prohibited from accepting invitations to functions if the cost is borne by the brokers or dealers, corporations, or the system local clearing banks. Exceptions to this rule are invitations that have been extended to other members of the investment community and are made for the express purpose of presenting topics pertinent to the investment of the City of Glendale’s assets.
SECTION 9. REPORTING REQUIREMENTS
A. Monthly
The City Treasurer shall submit a written monthly investment report to the City Council, the City Manager, the Investment Policy Advisory Committee, the Director of Finance and Administrative Services, the Internal Auditor, and the General Accounting Section.
Items required in that report include:
• Type of Investment
• Name of Issuer
• Date of Purchase
• Date of Maturity
• Cost of security or amount of deposit
• Par Value
• Market Value
• Book Value
• Effective Rate of Return
• Accrued Interest
• Average maturity
• All investment transactions
• Statement relating that the report adheres to the current investment policy • Statement that there are sufficient funds to meet the next six month obligations 49 of 253
SECTION 9. REPORTING REQUIREMENTS (continued)
6 B. Quarterly
The City Treasurer shall submit a written quarterly investment report to the City Council. The detailed monthly investment report satisfies as the quarterly report. Distribution as indicated in Section 9A of this policy.
C. Annually
Annually the City Treasurer shall appear before the City Council to submit the annual investment report, which will include a review of the past year, and a general decision of strategies for the coming year.
SECTION 10. CASH AND INVESTMENT INSTRUMENTS
City active and inactive deposits may be kept in checking accounts and savings accounts at financial institutions as identified in California State Government Code Section 53648 provided that they are adequately secured with proper collateral as prescribed by Government Code Sections 53656 and/or 53658.
Funds may be automatically swept from the above accounts into investment instruments provided those investment instruments are allowable investments as listed in this section, and limited to the percentage of investment participation prescribed for each investment instrument.
Allowable investments for the portfolio of the City of Glendale are limited by California State Government Code Sections 53601 et seq.; 53635. They are further restricted by the City Treasurer’s investment strategy. Percentages of Investment Participation and percentages of Maximum Participation apply at the time of purchase. Purchase transactions may not exceed $10,000,000, nor exceed five-year maturities.
Exceptions can only be approved by City Council. The investment instruments and percentage of participation permitted by this policy are:
• U.S. Treasury Securities
United States Treasury notes, bonds, bills, or certificates of indebtedness, or those for which the faith and credit of the United States are pledged for the payment of principal and interest.
Maximum Maturity: 5 Years
Investment Participation: 100%
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SECTION 10. CASH AND INVESTMENT INSTRUMENTS (continued) 7 • Federal Agencies Securities
Obligations issued by banks for cooperatives, federal land banks, federal intermediate credit banks, federal home loan banks, the Federal Home Loan Bank Board, the Tennessee Valley Authority, or in obligations, participations, or other instruments of, or issued by, or fully guaranteed as to principal and interest by, the Federal National Mortgage Association; or in guaranteed portions of Small Business Administration notes; or in obligations, participations, or other instruments of, or issued by, a federal agency or United States government-sponsored enterprise.
Maximum Maturity: 5 Years
Investment Participation: 100%
• State of California and California Local Agencies
Registered California warrants, treasury notes or bonds of this state, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled or operated by the state or by a department, board, agency, or authority of the state.
Bonds, notes, warrants or other evidences of indebtedness of any local agency within California including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by the local agency, or by a department, board, agency, or authority of the local agency. Investments under this section must be rated “A” or better by a nationally recognized rating service.
Investment Participation: 15%
Maximum Exposure: 5% per Issuer
• Obligations of Other States
Registered treasury notes or bonds of any of the other 49 states, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by a state or by a department, board, agency, or authority of any of the other 49 states.
Investment Participation 10%
Maximum Exposure 5% per Issuer
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SECTION 10. CASH AND INVESTMENT INSTRUMENTS (continued) 8 • Medium Term Notes
Medium term notes, defined as all corporate and depository institution debt securities with a maximum remaining maturity of five years or less, issued by corporations organized and operating within the United States or by depository institutions licensed by the United States or any state and operating within the United States. Notes eligible for investment under this subsection must be rated “A+” or better by a nationally recognized rating service.
If the credit rating of a security falls below the “BBB” grade, it must be sold and removed from the City Portfolio unless the City Council approves the City Treasurer’s recommendation that the security should be retained. City Treasurer will monitor and report status of such security to City Council at each Quarterly Review.
Maximum Maturity: 5 Years
Investment Participation: 30%
Maximum Exposure: 5% per Issuer
• Commercial Paper
Commercial Paper ranked A-1, P-1, F-1 by one of the major rating agencies and issued by a domestic corporation having assets in excess of $500,000,000 and having an “A” or better rating on its long term debentures as determined by a recognized national rating agency.
Maximum Maturity: 270 Days
Investment Participation: 25%
Credit Requirement A-1, P-1, F-1 (Per Moody’s/ S & P/ Fitch) 52 of 253
SECTION 10. CASH AND INVESTMENT INSTRUMENTS (continued) 9 • Bankers’ Acceptances-Domestic/Foreign
Bills of exchange or time drafts drawn on and accepted by a commercial bank, typically created from a letter of credit issued in a foreign trade transaction. Eligibility is limited to U.S. banking corporations.
Maximum Maturity: 180 Days
Investment Participation: 30%
Maximum Exposure: 10% per bank
Credit Requirement: A-1, P-1, F-1 (Per Moody’s / S&P/ Fitch) • Time Deposits (FDIC Insured or Collateralized Certificates of Deposits) Time deposits, non-negotiable and collateralized in accordance with the California Government Code, may be purchased through banks or savings and loan associations. No more than 10% of the investment portfolio may be invested in this investment instrument.
Maximum Maturity: 1 Year
Investment Participation: 10%
Maximum Exposure: 5% per Issuer
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SECTION 10. CASH AND INVESTMENT INSTRUMENTS (continued) 10 • Negotiable Certificates of Deposit
Negotiable certificates of deposit 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.
Purchases of negotiable certificates of deposit may not exceed 30 percent of the agency’s money which may be invested pursuant to this section.
Maximum Maturity: 1 Year
Investment Participation: 30%
Maximum Exposure: 5% per Issuer
Credit Requirement: A-1, P-1, F-1 (Per Moody’s / S&P/ Fitch) • Money Market Mutual Funds
California Government Code Section 53601 (k) permits public agencies to invest 20% of their portfolio in mutual funds or money market. The City chooses to use money market mutual funds as described in California Government Code Section 53601 (k) (2), to the exclusion of other types of mutual funds. Money market funds are limited to a maximum dollar-weighted average maturity of 90 days; each investment must have a remaining maturity of thirteen months or less at time of purchase; and the fund must strive to maintain a constant net asset value of $1.00. These restrictions are designed to protect assets from a loss in value that can result from substantial increases in interest rates.
The California Government Code Section 53601 (k) (2) permits public agencies to invest in “shares of beneficial interest issued by diversified management companies that are money market funds registered with the Securities and Exchange Commission under the Investment Company Act of 1940 (15 U.S.C. Sec. 80a-1, et seq.) as long as the company shall have met either of the following criteria:
(A) Attained the highest ranking or the highest letter and numerical rating provided by not less than two nationally recognized statistical rating organizations or (B) Retained an investment advisor registered or exempt from registration with the Securities and Exchange Commission with no less than five years’ experience investing in the securities and obligations authorized by subdivisions (a) to (j), inclusive, or subdivisions (m) or (n) and with assets under management in excess of five hundred million dollars ($500,000,000).
Investment Participation: 20 %
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SECTION 10. CASH AND INVESTMENT INSTRUMENTS (continued) 11 • LAIF (Local Agency Investment Fund), State of California Investment Pool A pooled investment fund managed by the State, which operates like a money market fund for the exclusive benefit of governmental entities within California.
Investment Participation: Maximum (Set by the State)
(Currently, $75 MM per account)
• Los Angeles County Treasury Pool
A pooled investment fund managed by the Los Angeles County Treasurer’s Office, which operates like a money market fund for the exclusive benefit of governmental entities within Los Angeles County.
Investment Participation: 10%
SECTION 11. INTERNAL CONTROLS
A system of internal controls will be maintained to assure compliance with Federal and State regulations, city council direction, and prudent cash management procedures.
1. Investment Policy Advisory Committee Review. Quarterly review of procedure and adherence to this Investment Policy will be performed.
2. Separation of Duties. Every care will be taken to ensure that investment duties will be conducted according to this policy. Reporting of the investment transactions will be conducted by the Deputy City Treasurer within the investment tracing system. All transactions, interest received, etc. will be submitted to the Director of Finance and Administrative Services. Additionally, the internal Audit Department will receive monthly reports for their review.
3. Annual Audit. There will be an annual audit conducted by an independent outside auditing firm to ensure compliance with all regulations and the investment policy of the city.
SECTION 12. AUTHORIZED FINANCIAL INSTITUTIONS AND DEALERS The elected City Treasurer shall maintain a list of qualified institutions and dealers who provide investment services and are located in the State of California. Qualified institutions and dealers are defined as “primary” dealers or regional dealers that qualify under Securities and Exchange Commission Rule 15C3-1 (uniform net capital rule). No public deposit shall be made except in a qualified public depository as established by California law.
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12 All financial institutions and dealers seeking to become a provider of investment services with the City of Glendale will be considered. The financial institution(s) and/or dealer(s) will provide audited financial statements, proof of National Association of Security Dealers certification, trading resolution, proof of state of California registration, completed authorization to trade agreement and signed statement of having read and agreeing to comply with the City of Glendale’s investment policy BEFORE THEY WILL BE CONSIDERED. The City Treasurer will accept and review proposals from financial institutions and/or dealers on an ongoing basis.
SECTION 13. RISK TOLERANCE
The City of Glendale recognizes that investment risks can result from issuer defaults, market price changes or various technical complications leading to temporary illiquidity. Portfolio diversification is employed as a way to control risk. The City Treasurer is expected to display prudence in the selection of securities as a way to minimize default risk. No individual investment transaction shall be undertaken which jeopardizes the total capital position of the overall portfolio. The Treasurer shall periodically establish guidelines and strategies to control risks of default, market price changes and illiquidity.
The City Treasurer (as investment officer), acting in accordance with written policies and the “prudent investor” standard and exercising due diligence, shall be relieved of personal responsibility for an individual security’s credit risk or market price changes, provided that substantial deviations from expectations are reported by the Treasurer to the City Council within three days of discovery. Mutually agreeable remedial action will be taken by the Treasurer and reported at the next Investment Policy Advisory Committee meeting.
It is explicitly recognized that in a diversified portfolio, occasional measured losses may occur, and must be considered within the context of overall investment return.
SECTION 14. SAFEKEEPING
Securities purchased from broker/dealers should be held in a third party custodian/safekeeping account.
Said securities should be held in a manner that establishes the governmental entity’s right of ownership.
SECTION 15. STATEMENT OF INVESTMENT POLICY
The investment policy shall be reviewed annually by the Investment Policy Advisory Committee, and submitted to the City Council on an annual basis with or without changes. 56 of 253
APPENDIX A
13 GLOSSARY
AGENCIES: Federal agency securities
BANKERS’ ACCEPTANCES: A draft or Bill of Exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill, as well as the issuer.
BROKER: A broker brings buyers and sellers together for a commission paid by the initiator of the transaction or by both sides; he does not position. In the money market, brokers are active in markets in which banks buy and sell money and in interdealer markets.
COLLATERAL: Securities, evidence of deposit or other property which a borrower pledges to secure repayment of a loan. Also refers to securities pledges by a bank to secure deposits of public monies.
CERTIFICATE OF DEPOSIT (CD): A time deposit with a specific maturity evidenced by a certificate.
Large denomination CD’s are typically negotiable.
COUPON: The annual rate of interest that a bond’s issuer promises to pay the bondholder on the bond’s face value. A certificate attached to a bond evidencing interest due on a payment date.
DEALER: A dealer, as opposed to a broker acts as a principal in all transactions, buying and selling for his own account.
DELIVERY VERSUS PAYMENT: There are two methods of delivery of securities: delivery versus payment and delivery versus receipts (also called free). Delivery versus payment is delivery of securities with an exchange of money for the securities. Delivery versus receipts is delivery of securities with an exchange of signed receipt for the securities.
DEBENTURES: A bond secured only by the general credit of the issuer.
DISCOUNT: The difference between the cost price of a security and its value at maturity when quoted at lower than face value. A security selling below original offering price shortly after sale also is considered to be at a discount.
DISCOUNT SECURITIES: Non-interest bearing money market instruments that are issued at discount and redeemed at maturity for full face value, e.g. U.S. Treasury bills.
DIVERSIFICATION: Dividing investment funds among a variety of securities offering independent returns.
FEDERAL CREDIT AGENCIES: Agencies of the Federal government set up to supply credit to various classes of institutions and individuals, e.g. S & L’s, small business firms, students, farmers, farm cooperatives, and exporters.
FEDERAL FUNDS RATE: The rate of interest at which Federal funds are traded. This rate is currently pegged by the Federal Reserve through open-market operations.
FEDERAL DEPOSIT INSURANCE COPRORATION (FDIC): A federal agency that insures bank deposits, currently up to $250,000. Per depositor.
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APPENDIX A
GLOSSARY (continued)
14 FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA): FNMA like GNMA, was chartered under the Federal National Mortgage Association Act in 1938. FNMA is a federal corporation working under the auspices of the Department of Housing & Urban Development, H.U.D. It is the largest single provider of residential mortgage funds in the United States. Fannie Mae, as the corporation is called, is a private stockholder-owned corporation. The corporation’s purchases include a variety of adjustable mortgages and second loans in addition to fixed-rate mortgages. FNMA’s securities are also highly liquid and are widely accepted. FNMA assumes and guarantees that all security holders will receive timely payment of principal and interest.
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION: (GNMA or Ginnie Mae): Securities guaranteed by GNMA and issued by mortgage bankers, commercial banks, savings and loans associations and other institutions. Security holder is protected by full faith and credit of the U.S. Government. Ginnie Mae securities are backed by FHA, VA or FMHM mortgages. The term pass-throughs is often used to describe Ginnie Maes.
LIQUIDITY: A liquid asset is one that can be converted easily and rapidly into cash without substantial loss of value. In the money market, a security is said to be liquid if the spread between bid and asked prices is narrow and reasonable size can be done at those quotes.
LOCAL AGENCY INVESTMENT FUND (LAIF): Funds from local governmental units may be remitted to the California State Treasurer for deposit in this special fund for the purpose of investment.
MARKET VALUE: The price at which a security is trading and could presumably be purchased or sold.
MASTER REPURCHASE AGREEMENT: A written contract covering all future transactions between the parties to repurchase – reverse repurchase agreements that establishes each party’s rights in the transactions. A master agreement will often specify, among other things, the right of the buyer-lender to liquidate the underlying securities in the event of default by the seller-borrower.
MATURITY: The date upon which the principal or stated value of an investment becomes due and payable.
MONEY MARKET: The market in which short-term debt instruments (bills, commercial paper, bankers’ acceptances, etc.) are issued and traded.
PORTFOLIO: Collection of securities held by an investor.
PRIMARY DEALER: A group of government securities dealers that submit daily reports of market activity and positions and monthly financial statements to the Federal Reserve Bank of New York and are subject to its informal oversight. Primary dealers include Securities and Exchange Commission (SEC) registered securities broker-dealers, banks, and a few unregulated firms.
RATE OF RETURN: The yield obtainable on a security based on its purchase price of its current market price. This may be the amortized yield to maturity on a bond or the current income return. 58 of 253
APPENDIX A
GLOSSARY (continued)
15 REPURCHASE AGREEMENT (RP or REPO): A holder of securities sells these securities to an investor with an agreement to repurchase them at a fixed price on a fixed date. The security “buyer” in effect lends the “seller” money for the period of the agreement, and the terms of the agreement are structured to compensate him for this. Dealers use RP extensively to finance their positions. Exception:
When the Federal Reserve Bank is said to be doing RP, it is lending money, that is, increasing bank reserves.
SAFEKEEPING: A service to customers rendered by banks for a fee whereby securities and valuables of all types and descriptions are held in the banks’ vaults for protection.
SECONDARY MARKET: A market made for the purchase and sale of outstanding issues following the initial distribution.
SEC RULE 15C3-1: See uniform net capital rule.
SECURITIES & EXCHANGE COMMISSION: Agency created by Congress to protect investors in securities transactions by administering securities legislation.
TREASURY BILLS: A non-interest bearing security issued by the U.S. Treasury to finance the national debt. Most bills are issued to mature in three month, six month, or one year.
TREASURY NOTES: Intermediate term coupon bearing U.S. Treasury securities having initial maturities of from one to ten years.
YIELD: The rate of annual income return on an investment, expressed as a percentage. a) INCOME YIELD is obtained by dividing the current dollar income by the current market price for the security. b) NET YIELD or YIELD TO MATURITY is the current income yield minus any premium above par or plus any discount from par in purchase price, with the adjustment spread over the period from the date of purchase to the date of maturity of the bond.
UNIFORM NET CAPITAL RULE: Securities and Exchange Commission requirement that member firms as well as nonmember broker-dealers in securities maintain a maximum ratios of indebtedness to liquid capital of 15 to 1: also called net capital rule and net capital ratio. Indebtedness covers al money owed to a firm, including margin loans and commitments to purchase securities, one reason new public issues are spread among members of underwriting syndicates. Liquid capital includes cash and assets easily converted into cash.
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APPENDIX B
Guidelines
16 The City Treasurer, as the investment officer of the city, utilizes many tools to perform the duties vested in that position.
Some of those tools include:
The Treasurers’ Handbook issued by the California Municipal Treasurers’ Association (CMTA) The California State Government Code Secs. 53600 et seq.
The Public Investor issued by the Government Finance Officers’ Association (GFOA) TRACKER Portfolio Accounting & Reporting. This is a web-based portfolio accounting and reporting investment tool for institutional investors.
BLOOMBERG L.P. This tool provides financial software tools, such as analytics and equity trading platform, data services, and news to financial companies and organizations.
Annual conferences of the California Municipal Treasurers’ Association (CMTA) and Government Investment Officers Association (GIOA). These conferences keep the treasurers current on legislation by way of monthly bulletins.
Investing Public Funds a publication by Girard Miller obtained through the Government Finance Officers’ Association (GFOA).
These tools are referred to on a frequent basis by both the City Treasurer and the Deputy City Treasurer.
They should be considered the “bibles” of investing by anyone involved in that duty.
There are many other reference books available in the Treasurer’s office for utilization in case of a shortterm (or long-term) absence of the elected City Treasurer. 60 of 253
8b
CITY OF GLENDALE, CALIFORNIA
REPORT TO THE CITY COUNCIL
AGENDA ITEM
Report: City Treasurer's Annual Review of the City Portfolio
1. Motion accepting Report for Fiscal Year ending June 30, 2023.
COUNCIL ACTION
Item Type: Action Item
Approved for September 19, 2023 calendar
EXECUTIVE SUMMARY
The City Treasurer present for City Council review and acceptance the Annual Report of the City Portfolio for the fiscal year ending June 2023. 61 of 253
2 b 8
COUNCIL PRIORITIES
N/A
RECOMMENDATION
Review and accept the City Treasurer’s annual report of the City Portfolio for fiscal year 2022-2023.
BACKGROUND
Annually, the Glendale City Treasurer is required to present the Annual Investment Report to the City Council in a public meeting and any recommended changes to the Investment Policy, which was last approved in October of 2022.
ANALYSIS
Key statistics for the City Portfolio for the past year: The Portfolio totaled $1.02 billion, up $46 million from last year. The Portfolio rate of return ended at 2.70% (with a 12-month average of 2.35%), up 96 basis points from 1.7% the previous year. Interest earnings totaled $18.7 million, up $7 million from $11.7 million last year.
STAKEHOLDERS/OUTREACH
N/A
FISCAL IMPACT
There is no fiscal impact associated with this report.
ENVIRONMENTAL REVIEW (CEQA/NEPA)
This item is considered a ministerial activity and therefore, not subject to CEQA review.
CAMPAIGN DISCLOSURE
This item is exempt from campaign disclosure requirements.
ALTERNATIVES
Alternative 1: The City Council to file the report.
Alternative 2: The City Council may consider any other alternative not proposed by staff.
ADMINISTRATIVE ACTION
Prepared by:
Guia Murray, Assistant City Treasurer
Approved by:
Roubik R. Golanian, P.E., City Manager
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EXHIBITS/ATTACHMENTS
City Treasurer’s Annual Report As of June 30, 2023
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M O T I O N
Moved by Council Member __________________________________________, seconded by Council Member ______________________________________________, that the City Treasurer’s Annual Investment Report for the Fiscal Year ending June 30, 2023, outlining a review of the investment portfolio, is hereby accepted.
Vote as follows:
Ayes:
Noes:
Absent:
Abstain:
MOTION ADOPTED BY THE GLENDALE CITY COUNCIL AT ITS REGULAR MEETING HELD ON September 26, 2023.
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Asset Category Face Amount/Shares Market Value Book Value % of Portfolio YTM @ Cost Days To Maturity Commercial Paper 10,000,000.00 9,922,255.00 9,923,754.17 0.98 5.19 54 Corporate 178,104,000.00 168,132,151.55 175,777,336.10 17.35 3.04 1,078 Federal Agency Callable Bonds 280,950,000.00 255,398,008.00 280,600,331.00 27.70 1.40 1,076 Federal Agency Term Notes 136,355,000.00 133,880,378.79 136,877,519.12 13.51 3.58 816 LA County Pool 34,255,889.60 34,255,889.60 34,255,889.60 3.38 3.82 1 LAIF - City 40,000,000.00 40,000,000.00 40,000,000.00 3.95 3.15 1 LAIF - GFA 39,000,000.00 39,000,000.00 39,000,000.00 3.85 3.15 1 Obligations of Other States 89,925,000.00 84,796,165.50 88,521,788.48 8.74 3.08 1,000 State & Municipal Bonds 68,815,000.00 64,475,711.35 66,972,304.06 6.61 2.95 886 Treasury Notes 143,000,000.00 136,048,235.00 141,015,998.85 13.92 2.97 513 Total / Average 1,020,404,889.60 965,908,794.79 1,012,944,921.38 100.00 2.70 813 City Treasurer Rafi Manoukian, CPA, MBA Date
.
This report reflects the complete City of Glendale Investment Portfolio. It is in full compliance with the City's Investment Policy. A copy of the investment policy is available in the office of the City Treasurer. The City Treasurer hereby certifies that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months.
CITY OF GLENDALE
Investment Report
Portfolio Summary
June 2023
1 09/11/23
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Asset Category Allocation
Asset Category
Book Value
6/30/2022
% of Portfolio
6/30/2022
Book Value
6/30/2023
% of Portfolio
6/30/2023
Corporate 180,302,399.24 18.57 175,777,336.10 17.35
Federal Agency Callable Bonds 272,825,646.01 28.10 280,600,331.00 27.70 Federal Agency Term Notes 67,864,418.57 6.99 136,877,519.12 13.51 LA County Pool 76,058,654.84 7.83 34,255,889.60 3.38
LAIF - City 64,000,000.00 6.59 40,000,000.00 3.95
LAIF - GFA 64,000,000.00 6.59 39,000,000.00 3.85
Obligations of Other States 66,562,610.33 6.86 88,521,788.48 8.74 State & Municipal Bonds 68,752,197.28 7.08 66,972,304.06 6.61 Treasury Notes 110,415,963.75 11.37 141,015,998.85 13.92 Commercial Paper 0.00 0.00 9,923,754.17 0.98
Total / Average 970,781,890.02 100.00 1,012,944,921.38 100.00 Portfolio Holdings as of 6/30/2022 Portfolio Holdings as of 6/30/2023 Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Distribution by Asset Category - Book Value
City of Glendale
2 66 of 253
Buy Transactions
Buy 7/20/2022 57629WCQ1 1,144,000.00 Massmutual Global Funding 2.35 1/14/2027 93.19 1,066,093.60 448.07 4.03 1,066,541.67 Buy 8/5/2022 3130A0F70 5,000,000.00 FHLB 3.375 12/8/2023 100.16 5,007,800.00 26,718.75 3.25 5,034,518.75 Buy 8/5/2022 3130ASGU7 2,980,000.00 FHLB 3.5 6/11/2027 102.42 3,052,141.54 14,196.39 2.96 3,066,337.93 University of CA Revenue Bonds 1.316
5/15/2027
Buy 8/5/2022 91412HGF4 2,420,000.00 91.00 2,202,200.00 7,077.16 3.37 2,209,277.16 Buy 8/8/2022 3130ASG86 3,000,000.00 FHLB 3.375 6/13/2025 100.58 3,017,340.00 14,906.25 3.16 3,032,246.25 Colorado St Housing Auth Revenue Bond
1.218 4/1/20
Buy 8/10/2022 196480KQ9 1,470,000.00 94.77 1,393,163.10 6,415.82 3.30 1,399,578.92 Colorado St Housing Auth Revenue Bond
1.318 10/1/2
Buy 8/10/2022 196480KR7 1,490,000.00 93.99 1,400,406.30 7,037.02 3.35 1,407,443.32 Buy 9/14/2022 3130AT7E1 5,000,000.00 FHLB 3.25 9/10/2027 99.06 4,953,150.00 5,868.06 3.46 4,959,018.06 Buy 9/15/2022 66815L2K4 5,000,000.00 NW Mutual Global 4.35 9/15/2027 100.89 5,044,700.00 0.00 4.15 5,044,700.00 Buy 9/16/2022 9128282R0 5,000,000.00 T-Note 2.25 8/15/2027 93.96 4,698,046.88 9,782.61 3.60 4,707,829.49 Buy 9/21/2022 3130ATF28 5,000,000.00 FHLB 4 3/8/2024 99.82 4,991,050.00 1,111.11 4.13 4,992,161.11 State of Maryland GO Bond 2.8 8/1/2027-
12 Buy 9/28/2022 574193GK8 5,000,000.00 93.50 4,675,000.00 22,166.67 4.30 4,697,166.67 Buy 9/28/2022 3133XVDG3 5,000,000.00 FHLB 4.375 9/13/2024 99.83 4,991,650.00 9,114.58 4.46 5,000,764.58 Massachusetts Cmnwealth Revenue Bond
3.68 7/15/202
Buy 10/17/2022 576004HD0 5,000,000.00 96.24 4,811,800.00 24,022.22 4.57 4,835,822.22 Buy 10/20/2022 3130ATKJ5 3,000,000.00 FHLB 4.375 3/8/2024 99.67 2,990,160.00 6,197.92 4.62 2,996,357.92 Buy 11/1/2022 650036EN2 1,895,000.00 New York State Urban Dev 3.35 3/15/2026 100.00 1,895,000.00 8,111.65 3.35 1,903,111.65 Buy 11/1/2022 650036EP7 1,405,000.00 New York State Urban Dev 3.35 3/15/2026 100.00 1,405,000.00 6,014.18 3.35 1,411,014.18 Buy 11/3/2022 3130ATT31 5,000,000.00 FHLB 4.5 10/3/2024 99.74 4,986,900.00 3,125.00 4.65 4,990,025.00 Buy 11/3/2022 13063DGB8 3,200,000.00 State of CA GO Bond 3.375 4/1/2025 96.99 3,103,744.00 9,600.00 4.71 3,113,344.00 Buy 11/4/2022 037833CX6 5,000,000.00 Apple Inc 3 6/20/2027-22 93.77 4,688,250.00 55,833.33 4.51 4,744,083.33 Buy 11/15/2022 3134GX5U4 5,000,000.00 FHLMC 5 11/15/2024-23 100.00 5,000,000.00 0.00 5.00 5,000,000.00 Buy 11/17/2022 13063D2U1 5,000,000.00 State of CA GO Bond 5.25 10/1/2027 101.84 5,092,050.00 0.00 4.82 5,092,050.00 Andrew W Mellon Foundation 0.947
8/1/2027-22
Buy 11/18/2022 03444RAB4 6,474,000.00 85.03 5,504,842.20 18,222.33 4.52 5,523,064.53 CA ST University Revenue Bond 1.361
11/1/2027-22
Buy 11/23/2022 13077DQF2 1,905,000.00 86.16 1,641,252.75 1,584.43 4.52 1,642,837.18 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
3 67 of 253
National Securities Clearing Corp 5.1
11/21/2027-
Buy 12/6/2022 637639AH8 1,950,000.00 101.46 1,978,564.76 4,143.75 4.76 1,982,708.51 Buy 12/6/2022 40139LBG7 5,000,000.00 Guardian Life 5.55 10/28/2027 103.19 5,159,386.32 29,291.67 4.81 5,188,677.99 Buy 12/8/2022 3130AU4V3 5,000,000.00 FHLB 4.8 1/8/2024 99.99 4,999,650.00 0.00 4.81 4,999,650.00 Buy 12/9/2022 037833DK3 5,000,000.00 Apple Inc 3 11/13/2027-22 95.12 4,755,900.00 10,833.33 4.10 4,766,733.33 Buy 12/12/2022 3130ATUS4 5,000,000.00 FHLB 4.25 12/10/2027 101.67 5,083,300.00 22,430.56 3.88 5,105,730.56 Buy 12/23/2022 3130ATUS4 5,000,000.00 FHLB 4.25 12/10/2027 101.92 5,095,950.00 28,923.61 3.82 5,124,873.61 Utah State Transit Authority 1.72
12/15/2027-21
Buy 1/5/2023 917567GB9 2,885,000.00 88.10 2,541,685.00 2,756.78 4.43 2,544,441.78 Buy 1/17/2023 478160CK8 5,000,000.00 Johnson & Johnson 2.9 1/15/2028-23 95.30 4,765,000.00 805.56 3.95 4,765,805.56 Massachusetts Cmnwealth Revenue Bond
3.68 7/15/202
Buy 1/25/2023 576004HD0 5,000,000.00 98.42 4,920,950.00 5,111.11 4.07 4,926,061.11 Buy 1/30/2023 3130AUPR9 5,000,000.00 FHLB 4.56 7/12/2024 100.00 5,000,000.00 0.00 4.56 5,000,000.00 National Securities Clearing Corp 5.1
11/21/2027-
Buy 1/30/2023 637639AH8 2,000,000.00 103.38 2,067,600.00 19,550.00 4.31 2,087,150.00 Buy 2/6/2023 742718FZ7 5,000,000.00 Proctor & Gamble 3.95 1/26/2028-23 100.92 5,046,050.00 5,486.11 3.75 5,051,536.11 Buy 2/16/2023 037833EC0 5,000,000.00 Apple Inc 1.2 2/8/2028-23 85.70 4,285,200.00 1,333.33 4.43 4,286,533.33 Buy 3/1/2023 3130AUZC1 5,000,000.00 FHLB 4.625 3/14/2025 99.44 4,971,900.00 8,993.06 4.91 4,980,893.06 Buy 3/2/2023 313384TR0 5,000,000.00 FHLB 0 2/28/2024 94.94 4,746,908.35 0.00 5.29 4,746,908.35 Buy 3/2/2023 63873KW78 5,000,000.00 Natixis NY Branch 0 9/7/2023 97.31 4,865,337.50 0.00 5.27 4,865,337.50 Buy 3/3/2023 85440KAC8 5,000,000.00 Stanford University 1.289 6/1/2027 87.75 4,387,250.00 16,470.56 4.49 4,403,720.56 Buy 3/7/2023 62479MV83 5,000,000.00 MUFG Bank Ltd NY 0 8/8/2023 97.86 4,893,055.56 0.00 5.11 4,893,055.56 Buy 3/10/2023 3130ATS57 5,000,000.00 FHLB 4.5 3/10/2028 100.56 5,027,800.00 0.00 4.38 5,027,800.00 Buy 3/22/2023 3130ATS57 5,000,000.00 FHLB 4.5 3/10/2028 103.46 5,173,000.00 7,500.00 3.73 5,180,500.00 Buy 4/14/2023 3130ALZE7 3,000,000.00 FHLB 1.35 4/29/2027-23 90.86 2,725,947.75 18,562.50 3.81 2,744,510.25 Buy 4/19/2023 931142FB4 5,000,000.00 Walmart Inc 3.9 4/15/2028-28 99.55 4,977,550.00 541.67 4.00 4,978,091.67 New York City Trans Fin Auth Revenue
Bonds 3.35 2/
Buy 5/3/2023 64971XS25 3,000,000.00 96.95 2,908,500.00 25,683.33 4.06 2,934,183.33 Oregon State Dept of Admin Svcs Lottery
Revenue 4.
Buy 5/9/2023 68607V4K8 2,775,000.00 100.00 2,775,000.00 0.00 4.04 2,775,000.00 Buy 5/9/2023 3130AVWV0 5,000,000.00 FHLB 3.43 4/12/2028 100.00 5,000,000.00 0.00 3.43 5,000,000.00 Oregon State Dept of Admin Svcs Lottery
Revenue 4.
Buy 5/9/2023 68607V4M4 1,750,000.00 100.00 1,750,000.00 0.00 4.05 1,750,000.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
4 68 of 253
Oregon State Dept of Admin Svcs Lottery
Revenue 3.
Buy 5/9/2023 68607V4L6 1,000,000.00 100.00 1,000,000.00 0.00 4.00 1,000,000.00 Oregon St Dept of Adm Svcs Lottery
Revenue 4.142 4
Buy 5/9/2023 68607V4J1 3,760,000.00 100.00 3,760,000.00 0.00 4.14 3,760,000.00 Buy 5/10/2023 3130AVWW8 5,000,000.00 FHLB 3.42 5/10/2028 100.00 5,000,000.00 0.00 3.42 5,000,000.00 Buy 5/19/2023 912797FM4 10,000,000.00 T-Bill 0 6/6/2023 99.73 9,972,700.00 0.00 5.55 9,972,700.00 Buy 5/23/2023 912797FP7 10,000,000.00 T-Bill 0 6/20/2023 99.59 9,958,855.60 0.00 5.39 9,958,855.60 Buy 5/24/2023 912796ZP7 10,000,000.00 T-Bill 0 6/8/2023 99.77 9,977,104.20 0.00 5.58 9,977,104.20 Buy 5/25/2023 912796X53 10,000,000.00 T-Bill 0 6/15/2023 99.67 9,967,304.20 0.00 5.70 9,967,304.20 Buy 5/26/2023 912796X53 10,000,000.00 T-Bill 0 6/15/2023 99.66 9,965,844.40 0.00 6.25 9,965,844.40 Buy 5/30/2023 637639AK1 5,000,000.00 National Securities Clearing 5 5/30/2028-28 101.00 5,050,000.00 0.00 4.77 5,050,000.00 University of CA Revenues 1.372 5/15/2028
-23
Buy 6/7/2023 91412HJP9 2,250,000.00 86.99 1,957,230.00 1,886.50 4.33 1,959,116.50 Buy 6/7/2023 912797FR3 10,000,000.00 T-Bill 0 7/5/2023 99.61 9,960,722.20 0.00 5.14 9,960,722.20 Buy 6/9/2023 912797FY8 10,000,000.00 T-Bill 0 7/18/2023 99.46 9,946,050.00 0.00 5.08 9,946,050.00 Arizona State Transp Brd Hwy Revenue
2.224 7/1/202
Buy 6/12/2023 040654XX8 2,235,000.00 92.35 2,064,067.20 22,229.81 4.30 2,086,297.01 Buy 6/14/2023 3130AVD41 5,000,000.00 FHLB 5.375 9/9/2024 100.31 5,015,250.00 70,920.14 5.11 5,086,170.14 Buy 6/14/2023 66815L2M0 5,000,000.00 Northwestern Mutual GLBL 4.9 6/12/2028 100.62 5,030,776.89 1,361.11 4.76 5,032,138.00 Buy 6/22/2023 3130AWC24 5,000,000.00 FHLB 4 6/9/2028 100.10 5,005,000.00 11,666.67 3.98 5,016,666.67 Buy 6/22/2023 912797FX0 10,000,000.00 T-Bill 0 7/11/2023 99.74 9,973,927.80 0.00 5.02 9,973,927.80 Buy 6/28/2023 912796ZZ5 10,000,000.00 T-Bill 0 7/20/2023 99.70 9,969,688.90 0.00 5.04 9,969,688.90 Buy 6/30/2023 3130AWJG6 5,000,000.00 FHLB 5.5 12/27/2024-23 100.00 5,000,000.00 0.00 5.50 5,000,000.00 Subtotal 331,988,000.00 326,087,747.00 574,034.71 326,661,781.71 Deposit 7/1/2022 LACPIF 50,297.77 LA County Pool LGIP 100.00 50,297.77 0.00 0.00 50,297.77 Deposit 8/1/2022 LACPIF 58,561.88 LA County Pool LGIP 100.00 58,561.88 0.00 0.00 58,561.88 Deposit 9/1/2022 LACPIF 63,472.84 LA County Pool LGIP 100.00 63,472.84 0.00 0.00 63,472.84 Deposit 10/1/2022 LACPIF 86,391.31 LA County Pool LGIP 100.00 86,391.31 0.00 0.00 86,391.31 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Deposit 10/19/2022 10,000,000.00 100.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Deposit 10/19/2022 10,000,000.00 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
5 69 of 253
MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Deposit 10/20/2022 10,000,000.00 100.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Deposit 10/20/2022 10,000,000.00 100.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Deposit 10/21/2022 10,000,000.00 100.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Deposit 10/21/2022 10,000,000.00 100.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Deposit 10/24/2022 10,000,000.00 100.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Deposit 10/24/2022 10,000,000.00 100.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Deposit 10/25/2022 10,000,000.00 100.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Deposit 10/25/2022 10,000,000.00 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Deposit 11/1/2022 LACPIF 117,803.89 LA County Pool LGIP 100.00 117,803.89 0.00 0.00 117,803.89 Deposit 12/1/2022 LACPIF 126,465.56 LA County Pool LGIP 100.00 126,465.56 0.00 0.00 126,465.56 Deposit 1/1/2023 LACPIF 104,941.08 LA County Pool LGIP 100.00 104,941.08 0.00 0.00 104,941.08 Deposit 2/1/2023 LACPIF 124,456.40 LA County Pool LGIP 100.00 124,456.40 0.00 0.00 124,456.40 Deposit 3/1/2023 LACPIF 95,048.00 LA County Pool LGIP 100.00 95,048.00 0.00 0.00 95,048.00 Deposit 3/14/2023 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Deposit 3/14/2023 LAIF-CITY 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Deposit 3/15/2023 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Deposit 3/15/2023 LAIF-CITY 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Deposit 3/16/2023 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Deposit 3/16/2023 LAIF-CITY 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Deposit 3/17/2023 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Deposit 3/17/2023 LAIF-CITY 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Deposit 3/20/2023 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Deposit 3/20/2023 LAIF-CITY 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 100.00 10,000,000.00 0.00 0.00 10,000,000.00 Deposit 4/1/2023 LACPIF 122,425.95 LA County Pool LGIP 100.00 122,425.95 0.00 0.00 122,425.95 Deposit 5/1/2023 LACPIF 108,969.21 LA County Pool LGIP 100.00 108,969.21 0.00 0.00 108,969.21 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
6 70 of 253
Deposit 6/1/2023 LACPIF 146,920.39 LA County Pool LGIP 100.00 146,920.39 0.00 0.00 146,920.39 Subtotal 201,205,754.28 201,205,754.28 0.00 201,205,754.28 Total Buy Transactions 533,193,754.28 527,293,501.28 574,034.71 527,867,535.99 Sell Transactions
Called 9/3/2022 594918BH6 5,000,000.00 Microsoft Corp 2.65 11/3/2022-22 0.00 5,079,694.78 44,166.67 0.00 5,123,861.45 Called 9/5/2022 166764AB6 5,000,000.00 Chevron Corp 2.355 12/5/2022-22 0.00 4,963,100.00 29,437.50 0.00 4,992,537.50 Called 2/22/2023 91412GTF2 1,000,000.00 CA State GO Bonds 3.789 5/15/2024-13 0.00 1,000,000.00 10,209.25 0.00 1,010,209.25 Called 5/15/2023 3134GX5U4 5,000,000.00 FHLMC 5 11/15/2024-23 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Subtotal 16,000,000.00 16,042,794.78 83,813.42 16,126,608.20 Matured 7/13/2022 89236TCQ6 3,072,000.00 Toyota Motor Credit 2.8 7/13/2022 0.00 3,072,000.00 0.00 0.00 3,072,000.00 Matured 7/31/2022 9128282P4 5,000,000.00 T-Note 1.875 7/31/2022 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Santa Rosa Reg. Revenue Bonds 2.4
8/1/2022
Matured 8/1/2022 802629AX3 975,000.00 0.00 975,000.00 0.00 0.00 975,000.00 San Jose CA Successor Agency 2.63
8/1/2022
Matured 8/1/2022 798170AE6 5,000,000.00 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 8/31/2022 912828L24 5,000,000.00 T-Note 1.875 8/31/2022 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 9/1/2022 798135H44 2,225,000.00 City of San Jose GO Bonds 2.3 9/1/2022 0.00 2,225,000.00 0.00 0.00 2,225,000.00 Matured 9/8/2022 89236TEC5 5,000,000.00 Toyota Motor Credit 2.15 9/8/2022 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 9/12/2022 037833DC1 5,000,000.00 Apple Inc 2.1 9/12/2022 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 10/5/2022 3135G0T78 5,000,000.00 FNMA 2 10/5/2022 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 10/17/2022 57629WBR0 1,100,000.00 Massmutual Global Funding 2.5 10/17/2022 0.00 1,100,000.00 0.00 0.00 1,100,000.00 Matured 10/17/2022 57629WBR0 2,250,000.00 Massmutual Global Funding 2.5 10/17/2022 0.00 2,250,000.00 0.00 0.00 2,250,000.00 Matured 10/17/2022 57629WBR0 3,168,000.00 Massmutual Global Funding 2.5 10/17/2022 0.00 3,168,000.00 0.00 0.00 3,168,000.00 Matured 11/15/2022 912828TY6 5,000,000.00 T-Note 1.625 11/15/2022 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 12/15/2022 931142DU4 5,000,000.00 Wal-Mart Stores Inc 2.35 12/15/2022 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 1/13/2023 037833DE7 5,000,000.00 Apple Inc 2.4 1/13/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 1/19/2023 3135G0T94 5,000,000.00 FNMA 2.375 1/19/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 2/15/2023 882806EQ1 5,000,000.00 Texas Tech University 2.761 2/15/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 2/23/2023 037833BU3 5,000,000.00 Apple Inc 2.85 2/23/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
7 71 of 253
Matured 3/1/2023 13063DSU3 5,000,000.00 CA State GO Bonds 4 3/1/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 3/1/2023 30231GAR3 2,000,000.00 Exxon Mobil Corp 2.726 3/1/2023 0.00 2,000,000.00 0.00 0.00 2,000,000.00 Matured 3/10/2023 3130ADMX7 5,000,000.00 FHLB 2.5 3/10/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 3/15/2023 084670BR8 5,000,000.00 Berkshire Hathaway Inc 2.75 3/15/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 4/11/2023 931142DH3 5,000,000.00 Walmart Inc 2.55 4/11/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 4/11/2023 931142DH3 5,000,000.00 Walmart Inc 2.55 4/11/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 5/1/2023 594918AT1 2,000,000.00 Microsoft Corp 2.375 5/1/2023 0.00 2,000,000.00 0.00 0.00 2,000,000.00 Matured 5/15/2023 91412HDK6 1,500,000.00 University of CA Regents 3.333 5/15/2023 0.00 1,500,000.00 0.00 0.00 1,500,000.00 Matured 5/15/2023 88213AHK4 5,000,000.00 Texas A&M University 2.734 5/15/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 5/15/2023 91412HBK8 2,000,000.00 University of CA Regents 3.297 5/15/2023 0.00 2,000,000.00 0.00 0.00 2,000,000.00 Matured 6/6/2023 912797FM4 10,000,000.00 T-Bill 0 6/6/2023 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Matured 6/8/2023 912796ZP7 10,000,000.00 T-Bill 0 6/8/2023 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Matured 6/9/2023 313383QR5 5,000,000.00 FHLB 3.25 6/9/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 6/15/2023 912796X53 10,000,000.00 T-Bill 0 6/15/2023 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Matured 6/15/2023 912796X53 10,000,000.00 T-Bill 0 6/15/2023 0.00 10,000,000.00 0.00 0.00 10,000,000.00 San Francisco City & County GO Bonds
2.621 6/1
Matured 6/15/2023 7976465B8 470,000.00 0.00 470,000.00 0.00 0.00 470,000.00 Matured 6/19/2023 3137EAEN5 5,000,000.00 FHLMC 2.75 6/19/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Matured 6/20/2023 912797FP7 10,000,000.00 T-Bill 0 6/20/2023 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Matured 6/26/2023 931142EK5 5,000,000.00 Walmart Inc 3.4 6/26/2023 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Subtotal 175,760,000.00 175,760,000.00 0.00 175,760,000.00 Sell 11/1/2022 6500358P6 3,300,000.00 New York State Urban Dev 3.35 3/15/2026 0.00 3,548,800.35 14,125.83 0.00 3,562,926.18 Subtotal 3,300,000.00 3,548,800.35 14,125.83 3,562,926.18 Withdraw 7/18/2022 LAIF-CITY 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 7/26/2022 LACPIF 58,654.84 LA County Pool LGIP 0.00 58,654.84 0.00 0.00 58,654.84 Withdraw 8/15/2022 LAIF-CITY 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 8/16/2022 LAIF-CITY 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 8/23/2022 LACPIF 50,297.77 LA County Pool LGIP 0.00 50,297.77 0.00 0.00 50,297.77 Withdraw 9/20/2022 LACPIF 58,561.88 LA County Pool LGIP 0.00 58,561.88 0.00 0.00 58,561.88 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
8 72 of 253
Withdraw 10/18/2022 LACPIF 63,472.84 LA County Pool LGIP 0.00 63,472.84 0.00 0.00 63,472.84 Withdraw 10/19/2022 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 10/19/2022 LAIF-CITY 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 10/20/2022 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 10/20/2022 LAIF-CITY 9,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 9,000,000.00 0.00 0.00 9,000,000.00 Withdraw 10/21/2022 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 10/24/2022 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 10/25/2022 LACPIF 10,000,000.00 LA County Pool LGIP 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 10/26/2022 LACPIF 10,000,000.00 LA County Pool LGIP 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 10/27/2022 LACPIF 10,000,000.00 LA County Pool LGIP 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 10/28/2022 LACPIF 2,000,000.00 LA County Pool LGIP 0.00 2,000,000.00 0.00 0.00 2,000,000.00 Withdraw 11/18/2022 LACPIF 86,391.31 LA County Pool LGIP 0.00 86,391.31 0.00 0.00 86,391.31 Withdraw 11/30/2022 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 12/16/2022 LACPIF 117,803.89 LA County Pool LGIP 0.00 117,803.89 0.00 0.00 117,803.89 Withdraw 1/25/2023 LACPIF 126,465.56 LA County Pool LGIP 0.00 126,465.56 0.00 0.00 126,465.56 Withdraw 2/17/2023 LACPIF 104,941.08 LA County Pool LGIP 0.00 104,941.08 0.00 0.00 104,941.08 Withdraw 3/2/2023 LAIF-GFA 5,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 5,000,000.00 0.00 0.00 5,000,000.00 Withdraw 3/2/2023 LAIF-CITY 5,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 5,000,000.00 0.00 0.00 5,000,000.00 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Withdraw 3/13/2023 10,000,000.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Withdraw 3/13/2023 10,000,000.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Withdraw 3/14/2023 10,000,000.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Withdraw 3/14/2023 10,000,000.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Withdraw 3/15/2023 10,000,000.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Withdraw 3/15/2023 10,000,000.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Withdraw 3/16/2023 10,000,000.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
9 73 of 253
MMCITY- Goldman Government Fund MM
GOLDMAN
Withdraw 3/16/2023 10,000,000.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Withdraw 3/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 3/17/2023 LACPIF 124,456.40 LA County Pool LGIP 0.00 124,456.40 0.00 0.00 124,456.40 MMCITY- Goldman Government Fund MM
GOLDMAN
Withdraw 3/17/2023 10,000,000.00 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 4/19/2023 LACPIF 95,048.00 LA County Pool LGIP 0.00 95,048.00 0.00 0.00 95,048.00 Withdraw 5/17/2023 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 5/17/2023 LAIF-CITY 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 5/18/2023 LAIF-GFA 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 5/18/2023 LACPIF 10,000,000.00 LA County Pool LGIP 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 5/18/2023 LAIF-CITY 10,000,000.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 10,000,000.00 0.00 0.00 10,000,000.00 Withdraw 5/24/2023 LACPIF 122,425.95 LA County Pool LGIP 0.00 122,425.95 0.00 0.00 122,425.95 Subtotal 292,008,519.52 292,008,519.52 0.00 292,008,519.52 Total Sell Transactions 487,068,519.52 487,360,114.65 97,939.25 487,458,053.90 Interest/Dividends
Interest 7/1/2022 LACPIF 0.00 LA County Pool LGIP 0.00 50,297.77 0.00 50,297.77 University of CA Revenue Bonds 3.063
7/1/2025
Interest 7/1/2022 91412GU94 0.00 0.00 88,827.00 0.00 88,827.00 Interest 7/11/2022 66815L2F5 0.00 NW Mutual Global 1.75 1/11/2027 0.00 32,287.50 0.00 32,287.50 Interest 7/13/2022 037833DE7 0.00 Apple Inc 2.4 1/13/2023 0.00 60,000.00 0.00 60,000.00 Interest 7/13/2022 89236TCQ6 0.00 Toyota Motor Credit 2.8 7/13/2022 0.00 43,008.00 0.00 43,008.00 Interest 7/14/2022 3130AQEW9 0.00 FHLB 1.5 1/14/2027-22 0.00 37,500.00 0.00 37,500.00 Interest 7/14/2022 66815L2A6 0.00 NW Mutual Global 0.8 1/14/2026 0.00 10,000.00 0.00 10,000.00 Interest 7/14/2022 64952WCH4 0.00 New York Life Global 2.35 7/14/2026 0.00 103,400.00 0.00 103,400.00 Interest 7/15/2022 LAIF-GFA 0.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 119,835.92 0.00 119,835.92 New York City Trans. Revenue Bonds 3.11
7/15/2023
Interest 7/15/2022 64972HN81 0.00 0.00 77,750.00 0.00 77,750.00 Interest 7/15/2022 LAIF-CITY 0.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 119,835.92 0.00 119,835.92 Interest 7/15/2022 64952WDW0 0.00 New York Life Global FDG 0.85 1/15/2026 0.00 21,250.00 0.00 21,250.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
10 74 of 253
Interest 7/15/2022 3130AMYP1 0.00 FHLB 1.125 7/15/2026-21 0.00 28,125.00 0.00 28,125.00 Interest 7/15/2022 91282CDS7 0.00 T-Note 1.125 1/15/2025 0.00 56,250.00 0.00 56,250.00 Interest 7/16/2022 57629WDE7 0.00 Massmutual Global Funding 1.2 7/16/2026 0.00 30,000.00 0.00 30,000.00 Interest 7/17/2022 64952WCN1 0.00 New York Life Global 2.9 1/17/2024 0.00 72,500.00 0.00 72,500.00 Interest 7/19/2022 3135G0T94 0.00 FNMA 2.375 1/19/2023 0.00 59,375.00 0.00 59,375.00 Interest 7/19/2022 3130AQJ87 0.00 FHLB 1.6 1/19/2027-22 0.00 40,000.00 0.00 40,000.00 Interest 7/25/2022 3130AFBD8 0.00 FHLB 3.125 7/25/2023 0.00 78,125.00 0.00 78,125.00 Interest 7/27/2022 3130AQM83 0.00 FHLB 1.6 7/27/2026-22 0.00 40,000.00 0.00 40,000.00 Interest 7/27/2022 3130AQM26 0.00 FHLB 1.7 1/27/2027-23 0.00 42,500.00 0.00 42,500.00 Interest 7/28/2022 3130AKPQ3 0.00 FHLB 0.58 1/28/2026-22 0.00 29,000.00 0.00 29,000.00 Interest 7/28/2022 3130AQHG1 0.00 FHLB 1.61 1/28/2027-22 0.00 40,250.00 0.00 40,250.00 Interest 7/29/2022 3130AN4R8 0.00 FHLB 1.125 7/29/2026-21 0.00 28,125.00 0.00 28,125.00 Interest 7/31/2022 9128282P4 0.00 T-Note 1.875 7/31/2022 0.00 46,875.00 0.00 46,875.00 Interest 7/31/2022 912828Y87 0.00 T-Note 1.75 7/31/2024 0.00 43,750.00 0.00 43,750.00 Interest 7/31/2022 91282CAB7 0.00 T-Note 0.25 7/31/2025 0.00 12,500.00 0.00 12,500.00 Santa Rosa Reg. Revenue Bonds 2.4
8/1/2022
Interest 8/1/2022 802629AX3 0.00 0.00 11,700.00 0.00 11,700.00 Interest 8/1/2022 64971XH27 0.00 NYC Transitional 2.02 2/1/2027 0.00 50,500.00 0.00 50,500.00 Interest 8/1/2022 LACPIF 0.00 LA County Pool LGIP 0.00 58,561.88 0.00 58,561.88 Interest 8/1/2022 77781RCQ4 0.00 Roseville Financial Authority 0.887 2/1/2025 0.00 6,652.50 0.00 6,652.50 San Jose CA Successor Agency 2.828
8/1/2023
Interest 8/1/2022 798170AF3 0.00 0.00 70,700.00 0.00 70,700.00 Interest 8/1/2022 419792YR1 0.00 State of Hawaii GO Bond 0.893 8/1/2026 0.00 8,528.15 0.00 8,528.15 Interest 8/1/2022 802498ZA6 0.00 Santa Monica Malibu USD 0.849 8/1/2026 0.00 5,497.28 0.00 5,497.28 LA Comm Coll Dist GO Bonds 1.174
8/1/2026
Interest 8/1/2022 54438CYL0 0.00 0.00 29,350.00 0.00 29,350.00 San Jose CA Successor Agency 2.63
8/1/2022
Interest 8/1/2022 798170AE6 0.00 0.00 65,750.00 0.00 65,750.00 Interest 8/6/2022 594918BX1 0.00 Microsoft Corp 2.875 2/6/2024 0.00 71,875.00 0.00 71,875.00 Interest 8/12/2022 3130ANBR0 0.00 FHLB 1.05 8/12/2026-22 0.00 26,250.00 0.00 26,250.00 Interest 8/12/2022 3130ANET3 0.00 FHLB 1 8/12/2026-21 0.00 25,000.00 0.00 25,000.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
11 75 of 253
Interest 8/15/2022 91282CDZ1 0.00 T-Note 1.5 2/15/2025 0.00 37,500.00 0.00 37,500.00 Interest 8/15/2022 02079KAC1 0.00 Alphabet Inc 1.998 8/15/2026 0.00 49,950.00 0.00 49,950.00 Interest 8/15/2022 3130AGWK7 0.00 FHLB 1.5 8/15/2024 0.00 37,500.00 0.00 37,500.00 Interest 8/15/2022 882806EQ1 0.00 Texas Tech University 2.761 2/15/2023 0.00 69,025.00 0.00 69,025.00 Interest 8/15/2022 742718EB1 0.00 Proctor & Gamble 3.1 8/15/2023 0.00 71,036.50 0.00 71,036.50 Interest 8/15/2022 64990FS88 0.00 New York State Dormitory 2.558 2/15/2027 0.00 31,527.35 0.00 31,527.35 Interest 8/17/2022 3130AQPE7 0.00 FHLB 1.9 2/17/2027-22 0.00 63,175.00 0.00 63,175.00 Interest 8/18/2022 3130AKYG5 0.00 FHLB 0.555 2/18/2026-21 0.00 27,750.00 0.00 27,750.00 Interest 8/23/2022 037833BU3 0.00 Apple Inc 2.85 2/23/2023 0.00 71,250.00 0.00 71,250.00 Interest 8/25/2022 3130AQRH8 0.00 FHLB 2 2/25/2027-22 0.00 50,000.00 0.00 50,000.00 Interest 8/26/2022 3130ANND8 0.00 FHLB 1.05 8/26/2026-21 0.00 26,250.00 0.00 26,250.00 Interest 8/26/2022 3130ALB94 0.00 FHLB 0.63 2/26/2026-21 0.00 15,750.00 0.00 15,750.00 Interest 8/27/2022 3130ANM56 0.00 FHLB 1.05 8/27/2026-21 0.00 38,850.00 0.00 38,850.00 Interest 8/28/2022 3130AQT94 0.00 FHLB 1.6 8/28/2025-23 0.00 40,000.00 0.00 40,000.00 Interest 8/28/2022 3130AQT52 0.00 FHLB 1.25 2/28/2024-23 0.00 31,250.00 0.00 31,250.00 Interest 8/28/2022 3130AQZF3 0.00 FHLB 2 2/28/2025-23 0.00 50,000.00 0.00 50,000.00 Interest 8/28/2022 3130AQTA1 0.00 FHLB 1.4 8/28/2024-23 0.00 35,000.00 0.00 35,000.00 Interest 8/31/2022 91282CBQ3 0.00 T-Note 0.5 2/28/2026 0.00 25,000.00 0.00 25,000.00 Interest 8/31/2022 912828L24 0.00 T-Note 1.875 8/31/2022 0.00 46,875.00 0.00 46,875.00 Interest 8/31/2022 91282CAJ0 0.00 T-Note 0.25 8/31/2025 0.00 12,500.00 0.00 12,500.00 Interest 9/1/2022 13063DSU3 0.00 CA State GO Bonds 4 3/1/2023 0.00 100,000.00 0.00 100,000.00 Interest 9/1/2022 798135H51 0.00 City of San Jose GO Bonds 2.3 9/1/2023 0.00 23,000.00 0.00 23,000.00 Interest 9/1/2022 LACPIF 0.00 LA County Pool LGIP 0.00 63,472.84 0.00 63,472.84 Interest 9/1/2022 30231GAR3 0.00 Exxon Mobil Corp 2.726 3/1/2023 0.00 27,260.00 0.00 27,260.00 Virginia State College Revenue Bond 0.61
9/1/2025
Interest 9/1/2022 92778WKR6 0.00 0.00 15,250.00 0.00 15,250.00 Interest 9/1/2022 798135H44 0.00 City of San Jose GO Bonds 2.3 9/1/2022 0.00 25,587.50 0.00 25,587.50 Idaho Energy Resources Authority 2.297
9/1/2023
Interest 9/1/2022 451174AA4 0.00 0.00 15,217.63 0.00 15,217.63 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
12 76 of 253
Interest 9/1/2022 798135E88 0.00 City of San Jose GO Bonds 2.45 9/1/2025 0.00 54,022.50 0.00 54,022.50 Interest 9/1/2022 010268CN8 0.00 Alabama Federal Aid 1.268 9/1/2026 0.00 19,020.00 0.00 19,020.00 Interest 9/3/2022 478160CE2 0.00 Johnson and Johnson 2.95 3/3/2027 0.00 90,771.50 0.00 90,771.50 Interest 9/8/2022 89236TEC5 0.00 Toyota Motor Credit 2.15 9/8/2022 0.00 53,750.00 0.00 53,750.00 Interest 9/8/2022 313383YJ4 0.00 FHLB 3.375 9/8/2023 0.00 84,375.00 0.00 84,375.00 Interest 9/8/2022 57629WCH1 0.00 Massmutual Global Funding 3.4 3/8/2026 0.00 45,118.00 0.00 45,118.00 Interest 9/10/2022 3130ADMX7 0.00 FHLB 2.5 3/10/2023 0.00 62,500.00 0.00 62,500.00 Interest 9/10/2022 3130AR4D0 0.00 FHLB 2 3/10/2025-22 0.00 50,000.00 0.00 50,000.00 Interest 9/11/2022 037833DN7 0.00 Apple Inc 2.05 9/11/2026 0.00 51,250.00 0.00 51,250.00 Interest 9/12/2022 037833DC1 0.00 Apple Inc 2.1 9/12/2022 0.00 52,500.00 0.00 52,500.00 Interest 9/15/2022 64990FD68 0.00 New York State Dormitory 1.538 3/15/2027 0.00 38,450.00 0.00 38,450.00 Interest 9/15/2022 6500357B8 0.00 New York State Urban Dev 2.88 3/15/2024 0.00 21,600.00 0.00 21,600.00 Interest 9/15/2022 64985TBA8 0.00 New York State Urban Dev 2.25 3/15/2026 0.00 56,250.00 0.00 56,250.00 Interest 9/15/2022 6500358P6 0.00 New York State Urban Dev 3.35 3/15/2026 0.00 55,275.00 0.00 55,275.00 Interest 9/15/2022 084670BR8 0.00 Berkshire Hathaway Inc 2.75 3/15/2023 0.00 68,750.00 0.00 68,750.00 Interest 9/15/2022 6500358M3 0.00 New York State Urban Dev 3.1 3/15/2024 0.00 19,452.50 0.00 19,452.50 Interest 9/16/2022 3130ANTD2 0.00 FHLB 1 9/16/2026-21 0.00 25,000.00 0.00 25,000.00 Interest 9/16/2022 3130ALDN1 0.00 FHLB 0.8 3/16/2026-21 0.00 20,000.00 0.00 20,000.00 Interest 9/17/2022 3130ANSB7 0.00 FHLB 1 9/17/2026-22 0.00 25,000.00 0.00 25,000.00 Interest 9/20/2022 89236TFN0 0.00 Toyota Motor Credit 3.45 9/20/2023 0.00 86,250.00 0.00 86,250.00 Interest 9/21/2022 3130ANUN8 0.00 FHLB 1.04 9/21/2026-21 0.00 26,000.00 0.00 26,000.00 Interest 9/24/2022 3130ARBE0 0.00 FHLB 2 9/24/2024-22 0.00 50,000.00 0.00 50,000.00 Interest 9/28/2022 3130ANUZ1 0.00 FHLB 1.06 9/28/2026-21 0.00 53,000.00 0.00 53,000.00 Interest 9/29/2022 3130ARA68 0.00 FHLB 2.35 3/29/2027-22 0.00 58,750.00 0.00 58,750.00 Interest 9/30/2022 3130ALVL5 0.00 FHLB 0.91 12/30/2025-21 0.00 22,750.00 0.00 22,750.00 Interest 9/30/2022 3130AQBQ5 0.00 FHLB 1.5 3/30/2026-22 0.00 37,500.00 0.00 37,500.00 Interest 9/30/2022 3130AMZA3 0.00 FHLB 1 3/30/2026-21 0.00 25,000.00 0.00 25,000.00 Interest 9/30/2022 3130AP6D2 0.00 FHLB 1 9/30/2026-22 0.00 44,500.00 0.00 44,500.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
13 77 of 253
Interest 10/1/2022 882723A74 0.00 Texas State GO Bonds 2.531 10/1/2023 0.00 42,077.88 0.00 42,077.88 Interest 10/1/2022 LACPIF 0.00 LA County Pool LGIP 0.00 86,391.31 0.00 86,391.31 Interest 10/1/2022 419792A97 0.00 State of Hawaii GO Bond 1.283 10/1/2026 0.00 11,226.25 0.00 11,226.25 Interest 10/1/2022 13063DDG0 0.00 CA State GO Bonds 2.25 10/1/2023 0.00 15,637.50 0.00 15,637.50 Colorado St Housing Auth Revenue Bond
1.218 4/1/20
Interest 10/1/2022 196480KQ9 0.00 0.00 8,952.30 0.00 8,952.30 Bay Area Toll Authority Revenue Bond
1.433 4/1/202
Interest 10/1/2022 072024XD9 0.00 0.00 16,586.98 0.00 16,586.98 Colorado St Housing Auth Revenue Bond
1.318 10/1/2
Interest 10/1/2022 196480KR7 0.00 0.00 9,819.10 0.00 9,819.10 Interest 10/5/2022 3135G0T78 0.00 FNMA 2 10/5/2022 0.00 50,000.00 0.00 50,000.00 Interest 10/9/2022 57629WBV1 0.00 Massmutual Global Funding 3.6 4/9/2024 0.00 63,000.00 0.00 63,000.00 Interest 10/10/2022 64952WDG5 0.00 New York Life Global 2.875 4/10/2024 0.00 69,071.88 0.00 69,071.88 Interest 10/10/2022 3130AF4K0 0.00 FHLB 3.15 10/10/2023 0.00 94,500.00 0.00 94,500.00 Interest 10/11/2022 931142DH3 0.00 Walmart Inc 2.55 4/11/2023 0.00 127,500.00 0.00 127,500.00 Interest 10/14/2022 3130APDR3 0.00 FHLB 1.2 10/14/2026-22 0.00 30,000.00 0.00 30,000.00 Interest 10/17/2022 LAIF-GFA 0.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 217,830.42 0.00 217,830.42 Interest 10/17/2022 LAIF-CITY 0.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 155,677.72 0.00 155,677.72 Interest 10/17/2022 57629WBR0 0.00 Massmutual Global Funding 2.5 10/17/2022 0.00 81,475.00 0.00 81,475.00 Interest 10/19/2022 3130APD28 0.00 FHLB 1.15 10/19/2026-22 0.00 28,750.00 0.00 28,750.00 Interest 10/21/2022 3130APAY1 0.00 FHLB 1.1 10/21/2026-22 0.00 27,500.00 0.00 27,500.00 National Securities Clearing Corp 1.5
4/23/2025
Interest 10/23/2022 637639AB1 0.00 0.00 37,500.00 0.00 37,500.00 Interest 10/24/2022 3135G0K36 0.00 FNMA 2.125 4/24/2026 0.00 106,250.00 0.00 106,250.00 Interest 10/26/2022 3130AP4H5 0.00 FHLB 1.15 10/26/2026-21 0.00 28,750.00 0.00 28,750.00 Interest 10/28/2022 3130APGP4 0.00 FHLB 1.15 10/28/2026-22 0.00 28,750.00 0.00 28,750.00 Interest 10/31/2022 91282CAT8 0.00 T-Note 0.25 10/31/2025 0.00 6,250.00 0.00 6,250.00 Interest 10/31/2022 912828YM6 0.00 T-Note 1.5 10/31/2024 0.00 37,500.00 0.00 37,500.00 Interest 10/31/2022 91282CEN7 0.00 T-Note 2.75 4/30/2027 0.00 68,750.00 0.00 68,750.00 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Interest 11/1/2022 0.00 0.00 39,437.28 0.00 39,437.28
Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
14 78 of 253
Interest 11/1/2022 LACPIF 0.00 LA County Pool LGIP 0.00 117,803.89 0.00 117,803.89 California State University Revenue Bonds
0.685 11
Interest 11/1/2022 13077DMK5 0.00 0.00 3,425.00 0.00 3,425.00 Interest 11/1/2022 594918AT1 0.00 Microsoft Corp 2.375 5/1/2023 0.00 23,750.00 0.00 23,750.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Interest 11/1/2022 0.00 0.00 41,872.38 0.00 41,872.38
Mississippi State GO Bonds 3.408
11/1/2023
Interest 11/1/2022 605581LJ4 0.00 0.00 25,560.00 0.00 25,560.00 Interest 11/1/2022 90327QD89 0.00 USAA Capital Corp 3.375 5/1/2025 0.00 72,656.25 0.00 72,656.25 Interest 11/6/2022 40139LAF0 0.00 Guardian Life 2.9 5/6/2024 0.00 109,040.00 0.00 109,040.00 Interest 11/10/2022 3130APKQ7 0.00 FHLB 1.25 11/10/2026-22 0.00 31,250.00 0.00 31,250.00 Interest 11/11/2022 037833CR9 0.00 Apple Inc 3.2 5/11/2027 0.00 80,000.00 0.00 80,000.00 Interest 11/13/2022 40139LBD4 0.00 Guardian Life 1.25 5/13/2026 0.00 29,206.25 0.00 29,206.25 Interest 11/15/2022 91282CDH1 0.00 T-Note 0.75 11/15/2024 0.00 18,750.00 0.00 18,750.00 Interest 11/15/2022 91412HDK6 0.00 University of CA Regents 3.333 5/15/2023 0.00 24,997.50 0.00 24,997.50 Interest 11/15/2022 88213AHK4 0.00 Texas A&M University 2.734 5/15/2023 0.00 68,350.00 0.00 68,350.00 University of CA Revenue Bonds 1.316
5/15/2027
Interest 11/15/2022 91412HGF4 0.00 0.00 48,823.60 0.00 48,823.60 Interest 11/15/2022 88213ABX2 0.00 Texas A&M University 2.933 5/15/2026 0.00 21,997.50 0.00 21,997.50 Interest 11/15/2022 91412HBK8 0.00 University of CA Regents 3.297 5/15/2023 0.00 32,970.00 0.00 32,970.00 Interest 11/15/2022 912828WE6 0.00 T-Note 2.75 11/15/2023 0.00 110,000.00 0.00 110,000.00 Interest 11/15/2022 91412GTF2 0.00 CA State GO Bonds 3.789 5/15/2024-13 0.00 18,945.00 0.00 18,945.00 Interest 11/15/2022 912828TY6 0.00 T-Note 1.625 11/15/2022 0.00 40,625.00 0.00 40,625.00 University of CA Revenue Bonds 0.883
5/15/2025
Interest 11/15/2022 91412HGE7 0.00 0.00 23,929.30 0.00 23,929.30 Interest 11/15/2022 88213AKB0 0.00 Texas A&M University 2.549 5/15/2024 0.00 24,406.68 0.00 24,406.68 Interest 11/18/2022 3130APQG3 0.00 FHLB 1.2 11/18/2025-22 0.00 30,000.00 0.00 30,000.00 Interest 11/22/2022 3130AMCB6 0.00 FHLB 1 5/22/2026-22 0.00 25,000.00 0.00 25,000.00 Interest 11/23/2022 3130APRJ6 0.00 FHLB 1.5 11/23/2026-22 0.00 37,500.00 0.00 37,500.00 Interest 11/24/2022 3130APQW8 0.00 FHLB 1.5 11/24/2026-22 0.00 75,000.00 0.00 75,000.00 Interest 11/28/2022 3130AQU76 0.00 FHLB 1.6 11/28/2025-23 0.00 40,000.00 0.00 40,000.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
15 79 of 253
MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Interest 12/1/2022 0.00 0.00 145,386.95 0.00 145,386.95 CA State Health Facs Fin Revenue Bonds
0.752 6/1/2
Interest 12/1/2022 13032UXL7 0.00 0.00 7,520.00 0.00 7,520.00 Interest 12/1/2022 LACPIF 0.00 LA County Pool LGIP 0.00 126,465.56 0.00 126,465.56 CA State Health Facs Fin Revenue Bonds
0.952 6/1/2
Interest 12/1/2022 13032UXM5 0.00 0.00 8,330.00 0.00 8,330.00 City of Beverly Hills Revenue Bonds 0.73
6/1/2024
Interest 12/1/2022 088006JY8 0.00 0.00 2,737.50 0.00 2,737.50 CA ST Health Fac Fin Authority 2.991
6/1/2025
Interest 12/1/2022 13032UC22 0.00 0.00 29,910.00 0.00 29,910.00 CA ST Health Fac Fin Authority 2.211
6/1/2025
Interest 12/1/2022 13032UVC9 0.00 0.00 33,165.00 0.00 33,165.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Interest 12/1/2022 0.00 0.00 149,914.85 0.00 149,914.85 Interest 12/1/2022 574193VR6 0.00 State of Maryland GO Bond 3.15 6/1/2026 0.00 82,779.38 0.00 82,779.38 CA ST Health Fac Fin Authority 3.044
6/1/2026
Interest 12/1/2022 13032UC30 0.00 0.00 22,830.00 0.00 22,830.00 Interest 12/1/2022 85440KAC8 0.00 Stanford University 1.289 6/1/2027 0.00 12,857.78 0.00 12,857.78 City of Beverly Hills Revenue Bonds 0.83
6/1/2025
Interest 12/1/2022 088006JZ5 0.00 0.00 2,801.25 0.00 2,801.25 Interest 12/1/2022 91417KN23 0.00 University of Colorado 2.649 6/1/2024 0.00 14,569.50 0.00 14,569.50 Interest 12/2/2022 3130APW43 0.00 FHLB 1.5 12/2/2026-22 0.00 37,500.00 0.00 37,500.00 National Securities Clearing Corp 0.75
12/7/2025
Interest 12/7/2022 637639AE5 0.00 0.00 18,750.00 0.00 18,750.00 Interest 12/8/2022 3130A0F70 0.00 FHLB 3.375 12/8/2023 0.00 168,750.00 0.00 168,750.00 Interest 12/9/2022 313383QR5 0.00 FHLB 3.25 6/9/2023 0.00 81,250.00 0.00 81,250.00 Interest 12/9/2022 3130AMNH1 0.00 FHLB 1.08 6/9/2026-21 0.00 27,000.00 0.00 27,000.00 Interest 12/11/2022 3130ASGU7 0.00 FHLB 3.5 6/11/2027 0.00 50,701.39 0.00 50,701.39 Interest 12/12/2022 3130AEB74 0.00 FHLB 3.125 12/12/2025 0.00 99,609.38 0.00 99,609.38 Interest 12/13/2022 3130ASG86 0.00 FHLB 3.375 6/13/2025 0.00 50,062.50 0.00 50,062.50 Interest 12/15/2022 931142DU4 0.00 Wal-Mart Stores Inc 2.35 12/15/2022 0.00 58,750.00 0.00 58,750.00 Interest 12/15/2022 931142DV2 0.00 Walmart Inc 2.65 12/15/2024 0.00 75,021.50 0.00 75,021.50 Interest 12/15/2022 91282CCG4 0.00 T-Note 0.25 6/15/2024 0.00 6,250.00 0.00 6,250.00 Interest 12/15/2022 91282CDN8 0.00 T-Note 1 12/15/2024 0.00 25,000.00 0.00 25,000.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
16 80 of 253
San Francisco City & County GO Bonds
2.621 6/1
Interest 12/15/2022 7976465B8 0.00 0.00 6,159.35 0.00 6,159.35 Interest 12/17/2022 3130APXD2 0.00 FHLB 1.55 12/17/2026-22 0.00 38,750.00 0.00 38,750.00 Interest 12/17/2022 3130AQ3G6 0.00 FHLB 1.5 6/17/2026-22 0.00 37,500.00 0.00 37,500.00 Interest 12/19/2022 3137EAEN5 0.00 FHLMC 2.75 6/19/2023 0.00 68,750.00 0.00 68,750.00 Interest 12/20/2022 037833CX6 0.00 Apple Inc 3 6/20/2027-22 0.00 75,000.00 0.00 75,000.00 Interest 12/22/2022 3130AQ5C3 0.00 FHLB 1.55 12/22/2026-22 0.00 38,750.00 0.00 38,750.00 Interest 12/26/2022 931142EK5 0.00 Walmart Inc 3.4 6/26/2023 0.00 85,000.00 0.00 85,000.00 Interest 12/31/2022 9128286Z8 0.00 T-Note 1.75 6/30/2024 0.00 43,750.00 0.00 43,750.00 Interest 12/31/2022 91282CDQ1 0.00 T-Note 1.25 12/31/2026 0.00 31,250.00 0.00 31,250.00 Interest 12/31/2022 3130AQAB9 0.00 FHLB 1.625 12/30/2026-22 0.00 40,625.00 0.00 40,625.00 Interest 1/1/2023 LACPIF 0.00 LA County Pool LGIP 0.00 104,941.08 0.00 104,941.08 University of CA Revenue Bonds 3.063
7/1/2025
Interest 1/1/2023 91412GU94 0.00 0.00 88,827.00 0.00 88,827.00 Interest 1/8/2023 3130AU4V3 0.00 FHLB 4.8 1/8/2024 0.00 20,000.00 0.00 20,000.00 Interest 1/11/2023 66815L2F5 0.00 NW Mutual Global 1.75 1/11/2027 0.00 32,287.50 0.00 32,287.50 Interest 1/13/2023 037833DE7 0.00 Apple Inc 2.4 1/13/2023 0.00 60,000.00 0.00 60,000.00 Interest 1/14/2023 3130AQEW9 0.00 FHLB 1.5 1/14/2027-22 0.00 37,500.00 0.00 37,500.00 Interest 1/14/2023 66815L2A6 0.00 NW Mutual Global 0.8 1/14/2026 0.00 10,000.00 0.00 10,000.00 Interest 1/14/2023 57629WCQ1 0.00 Massmutual Global Funding 2.35 1/14/2027 0.00 13,442.00 0.00 13,442.00 Interest 1/14/2023 64952WCH4 0.00 New York Life Global 2.35 7/14/2026 0.00 103,400.00 0.00 103,400.00 New York City Trans. Revenue Bonds 3.11
7/15/2023
Interest 1/15/2023 64972HN81 0.00 0.00 77,750.00 0.00 77,750.00 Interest 1/15/2023 64952WDW0 0.00 New York Life Global FDG 0.85 1/15/2026 0.00 21,250.00 0.00 21,250.00 Interest 1/15/2023 3130AMYP1 0.00 FHLB 1.125 7/15/2026-21 0.00 28,125.00 0.00 28,125.00 Massachusetts Cmnwealth Revenue Bond
3.68 7/15/202
Interest 1/15/2023 576004HD0 0.00 0.00 69,000.00 0.00 69,000.00 Interest 1/15/2023 91282CDS7 0.00 T-Note 1.125 1/15/2025 0.00 56,250.00 0.00 56,250.00 Interest 1/16/2023 57629WDE7 0.00 Massmutual Global Funding 1.2 7/16/2026 0.00 30,000.00 0.00 30,000.00 Interest 1/17/2023 64952WCN1 0.00 New York Life Global 2.9 1/17/2024 0.00 72,500.00 0.00 72,500.00 Interest 1/19/2023 3135G0T94 0.00 FNMA 2.375 1/19/2023 0.00 59,375.00 0.00 59,375.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
17 81 of 253
Interest 1/19/2023 3130AQJ87 0.00 FHLB 1.6 1/19/2027-22 0.00 40,000.00 0.00 40,000.00 Interest 1/25/2023 3130AFBD8 0.00 FHLB 3.125 7/25/2023 0.00 78,125.00 0.00 78,125.00 Interest 1/27/2023 3130AQM83 0.00 FHLB 1.6 7/27/2026-22 0.00 40,000.00 0.00 40,000.00 Interest 1/27/2023 3130AQM26 0.00 FHLB 1.7 1/27/2027-23 0.00 42,500.00 0.00 42,500.00 Interest 1/28/2023 3130AKPQ3 0.00 FHLB 0.58 1/28/2026-22 0.00 29,000.00 0.00 29,000.00 Interest 1/28/2023 3130AQHG1 0.00 FHLB 1.61 1/28/2027-22 0.00 40,250.00 0.00 40,250.00 Interest 1/29/2023 3130AN4R8 0.00 FHLB 1.125 7/29/2026-21 0.00 28,125.00 0.00 28,125.00 Interest 1/31/2023 912828Y87 0.00 T-Note 1.75 7/31/2024 0.00 43,750.00 0.00 43,750.00 Interest 1/31/2023 91282CAB7 0.00 T-Note 0.25 7/31/2025 0.00 12,500.00 0.00 12,500.00 State of Maryland GO Bond 2.8 8/1/2027-
12 Interest 2/1/2023 574193GK8 0.00 0.00 70,000.00 0.00 70,000.00 Interest 2/1/2023 64971XH27 0.00 NYC Transitional 2.02 2/1/2027 0.00 50,500.00 0.00 50,500.00 Interest 2/1/2023 LACPIF 0.00 LA County Pool LGIP 0.00 124,456.40 0.00 124,456.40 Interest 2/1/2023 77781RCQ4 0.00 Roseville Financial Authority 0.887 2/1/2025 0.00 6,652.50 0.00 6,652.50 San Jose CA Successor Agency 2.828
8/1/2023
Interest 2/1/2023 798170AF3 0.00 0.00 70,700.00 0.00 70,700.00 Interest 2/1/2023 419792YR1 0.00 State of Hawaii GO Bond 0.893 8/1/2026 0.00 8,528.15 0.00 8,528.15 Interest 2/1/2023 802498ZA6 0.00 Santa Monica Malibu USD 0.849 8/1/2026 0.00 5,497.28 0.00 5,497.28 LA Comm Coll Dist GO Bonds 1.174
8/1/2026
Interest 2/1/2023 54438CYL0 0.00 0.00 29,350.00 0.00 29,350.00 Andrew W Mellon Foundation 0.947
8/1/2027-22
Interest 2/1/2023 03444RAB4 0.00 0.00 30,654.39 0.00 30,654.39 Interest 2/6/2023 594918BX1 0.00 Microsoft Corp 2.875 2/6/2024 0.00 71,875.00 0.00 71,875.00 Interest 2/12/2023 3130ANBR0 0.00 FHLB 1.05 8/12/2026-22 0.00 26,250.00 0.00 26,250.00 Interest 2/12/2023 3130ANET3 0.00 FHLB 1 8/12/2026-21 0.00 25,000.00 0.00 25,000.00 Interest 2/15/2023 91282CDZ1 0.00 T-Note 1.5 2/15/2025 0.00 37,500.00 0.00 37,500.00 Interest 2/15/2023 02079KAC1 0.00 Alphabet Inc 1.998 8/15/2026 0.00 49,950.00 0.00 49,950.00 Interest 2/15/2023 3130AGWK7 0.00 FHLB 1.5 8/15/2024 0.00 37,500.00 0.00 37,500.00 Interest 2/15/2023 882806EQ1 0.00 Texas Tech University 2.761 2/15/2023 0.00 69,025.00 0.00 69,025.00 Interest 2/15/2023 742718EB1 0.00 Proctor & Gamble 3.1 8/15/2023 0.00 71,036.50 0.00 71,036.50 Interest 2/15/2023 9128282R0 0.00 T-Note 2.25 8/15/2027 0.00 56,250.00 0.00 56,250.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
18 82 of 253
Interest 2/15/2023 64990FS88 0.00 New York State Dormitory 2.558 2/15/2027 0.00 31,527.35 0.00 31,527.35 Interest 2/17/2023 3130AQPE7 0.00 FHLB 1.9 2/17/2027-22 0.00 63,175.00 0.00 63,175.00 Interest 2/18/2023 3130AKYG5 0.00 FHLB 0.555 2/18/2026-21 0.00 27,750.00 0.00 27,750.00 Interest 2/23/2023 037833BU3 0.00 Apple Inc 2.85 2/23/2023 0.00 71,250.00 0.00 71,250.00 Interest 2/25/2023 3130AQRH8 0.00 FHLB 2 2/25/2027-22 0.00 50,000.00 0.00 50,000.00 Interest 2/26/2023 3130ANND8 0.00 FHLB 1.05 8/26/2026-21 0.00 26,250.00 0.00 26,250.00 Interest 2/26/2023 3130ALB94 0.00 FHLB 0.63 2/26/2026-21 0.00 15,750.00 0.00 15,750.00 Interest 2/27/2023 3130ANM56 0.00 FHLB 1.05 8/27/2026-21 0.00 38,850.00 0.00 38,850.00 Interest 2/28/2023 91282CBQ3 0.00 T-Note 0.5 2/28/2026 0.00 25,000.00 0.00 25,000.00 Interest 2/28/2023 3130AQT94 0.00 FHLB 1.6 8/28/2025-23 0.00 40,000.00 0.00 40,000.00 Interest 2/28/2023 3130AQT52 0.00 FHLB 1.25 2/28/2024-23 0.00 31,250.00 0.00 31,250.00 Interest 2/28/2023 3130AQZF3 0.00 FHLB 2 2/28/2025-23 0.00 50,000.00 0.00 50,000.00 Interest 2/28/2023 91282CAJ0 0.00 T-Note 0.25 8/31/2025 0.00 12,500.00 0.00 12,500.00 Interest 2/28/2023 3130AQTA1 0.00 FHLB 1.4 8/28/2024-23 0.00 35,000.00 0.00 35,000.00 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Interest 3/1/2023 0.00 0.00 168,358.65 0.00 168,358.65
Interest 3/1/2023 13063DSU3 0.00 CA State GO Bonds 4 3/1/2023 0.00 100,000.00 0.00 100,000.00 Interest 3/1/2023 798135H51 0.00 City of San Jose GO Bonds 2.3 9/1/2023 0.00 23,000.00 0.00 23,000.00 Interest 3/1/2023 LACPIF 0.00 LA County Pool LGIP 0.00 95,048.00 0.00 95,048.00 Interest 3/1/2023 30231GAR3 0.00 Exxon Mobil Corp 2.726 3/1/2023 0.00 27,260.00 0.00 27,260.00 Interest 3/1/2023 3130AT7E1 0.00 FHLB 3.25 9/10/2027 0.00 81,250.00 0.00 81,250.00 Virginia State College Revenue Bond 0.61
9/1/2025
Interest 3/1/2023 92778WKR6 0.00 0.00 15,250.00 0.00 15,250.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Interest 3/1/2023 0.00 0.00 170,241.05 0.00 170,241.05
Idaho Energy Resources Authority 2.297
9/1/2023
Interest 3/1/2023 451174AA4 0.00 0.00 15,217.63 0.00 15,217.63 Interest 3/1/2023 798135E88 0.00 City of San Jose GO Bonds 2.45 9/1/2025 0.00 54,022.50 0.00 54,022.50 Interest 3/1/2023 010268CN8 0.00 Alabama Federal Aid 1.268 9/1/2026 0.00 19,020.00 0.00 19,020.00 Interest 3/3/2023 478160CE2 0.00 Johnson and Johnson 2.95 3/3/2027 0.00 90,771.50 0.00 90,771.50 Interest 3/8/2023 3130ATKJ5 0.00 FHLB 4.375 3/8/2024 0.00 56,510.42 0.00 56,510.42 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
19 83 of 253
Interest 3/8/2023 313383YJ4 0.00 FHLB 3.375 9/8/2023 0.00 84,375.00 0.00 84,375.00 Interest 3/8/2023 57629WCH1 0.00 Massmutual Global Funding 3.4 3/8/2026 0.00 45,118.00 0.00 45,118.00 Interest 3/8/2023 3130ATF28 0.00 FHLB 4 3/8/2024 0.00 93,888.89 0.00 93,888.89 Interest 3/10/2023 3130ADMX7 0.00 FHLB 2.5 3/10/2023 0.00 62,500.00 0.00 62,500.00 Interest 3/10/2023 3130AR4D0 0.00 FHLB 2 3/10/2025-22 0.00 50,000.00 0.00 50,000.00 Interest 3/11/2023 037833DN7 0.00 Apple Inc 2.05 9/11/2026 0.00 51,250.00 0.00 51,250.00 Interest 3/13/2023 3133XVDG3 0.00 FHLB 4.375 9/13/2024 0.00 109,375.00 0.00 109,375.00 Interest 3/15/2023 64990FD68 0.00 New York State Dormitory 1.538 3/15/2027 0.00 38,450.00 0.00 38,450.00 Interest 3/15/2023 6500357B8 0.00 New York State Urban Dev 2.88 3/15/2024 0.00 21,600.00 0.00 21,600.00 Interest 3/15/2023 650036EN2 0.00 New York State Urban Dev 3.35 3/15/2026 0.00 31,741.25 0.00 31,741.25 Interest 3/15/2023 64985TBA8 0.00 New York State Urban Dev 2.25 3/15/2026 0.00 56,250.00 0.00 56,250.00 Interest 3/15/2023 650036EP7 0.00 New York State Urban Dev 3.35 3/15/2026 0.00 23,533.75 0.00 23,533.75 Interest 3/15/2023 66815L2K4 0.00 NW Mutual Global 4.35 9/15/2027 0.00 108,750.00 0.00 108,750.00 Interest 3/15/2023 084670BR8 0.00 Berkshire Hathaway Inc 2.75 3/15/2023 0.00 68,750.00 0.00 68,750.00 Interest 3/15/2023 6500358M3 0.00 New York State Urban Dev 3.1 3/15/2024 0.00 19,452.50 0.00 19,452.50 Interest 3/16/2023 3130ANTD2 0.00 FHLB 1 9/16/2026-21 0.00 25,000.00 0.00 25,000.00 Interest 3/16/2023 3130ALDN1 0.00 FHLB 0.8 3/16/2026-21 0.00 20,000.00 0.00 20,000.00 MMCITY- Morgan Stanley Government Fund MM MM
MSGOVT
Interest 3/17/2023 0.00 0.00 85,953.20 0.00 85,953.20
Interest 3/17/2023 3130ANSB7 0.00 FHLB 1 9/17/2026-22 0.00 25,000.00 0.00 25,000.00 MMCITY- Goldman Government Fund MM
GOLDMAN
Interest 3/17/2023 0.00 0.00 85,777.26 0.00 85,777.26
Interest 3/20/2023 89236TFN0 0.00 Toyota Motor Credit 3.45 9/20/2023 0.00 86,250.00 0.00 86,250.00 Interest 3/21/2023 3130ANUN8 0.00 FHLB 1.04 9/21/2026-21 0.00 26,000.00 0.00 26,000.00 Interest 3/24/2023 3130ARBE0 0.00 FHLB 2 9/24/2024-22 0.00 50,000.00 0.00 50,000.00 Interest 3/28/2023 3130ANUZ1 0.00 FHLB 1.06 9/28/2026-21 0.00 53,000.00 0.00 53,000.00 Interest 3/29/2023 3130ARA68 0.00 FHLB 2.35 3/29/2027-22 0.00 58,750.00 0.00 58,750.00 Interest 3/30/2023 3130AQBQ5 0.00 FHLB 1.5 3/30/2026-22 0.00 37,500.00 0.00 37,500.00 Interest 3/30/2023 3130AP6D2 0.00 FHLB 1 9/30/2026-22 0.00 44,500.00 0.00 44,500.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
20 84 of 253
Interest 3/31/2023 3130ALVL5 0.00 FHLB 0.91 12/30/2025-21 0.00 22,750.00 0.00 22,750.00 Interest 3/31/2023 3130AMZA3 0.00 FHLB 1 3/30/2026-21 0.00 25,000.00 0.00 25,000.00 Interest 4/1/2023 13063D2U1 0.00 State of CA GO Bond 5.25 10/1/2027 0.00 97,708.33 0.00 97,708.33 Interest 4/1/2023 882723A74 0.00 Texas State GO Bonds 2.531 10/1/2023 0.00 42,077.88 0.00 42,077.88 Interest 4/1/2023 LACPIF 0.00 LA County Pool LGIP 0.00 122,425.95 0.00 122,425.95 Interest 4/1/2023 419792A97 0.00 State of Hawaii GO Bond 1.283 10/1/2026 0.00 11,226.25 0.00 11,226.25 Interest 4/1/2023 13063DDG0 0.00 CA State GO Bonds 2.25 10/1/2023 0.00 15,637.50 0.00 15,637.50 Interest 4/1/2023 13063DGB8 0.00 State of CA GO Bond 3.375 4/1/2025 0.00 54,000.00 0.00 54,000.00 Colorado St Housing Auth Revenue Bond
1.218 4/1/20
Interest 4/1/2023 196480KQ9 0.00 0.00 8,952.30 0.00 8,952.30 Bay Area Toll Authority Revenue Bond
1.433 4/1/202
Interest 4/1/2023 072024XD9 0.00 0.00 16,586.98 0.00 16,586.98 Colorado St Housing Auth Revenue Bond
1.318 10/1/2
Interest 4/1/2023 196480KR7 0.00 0.00 9,819.10 0.00 9,819.10 Interest 4/3/2023 3130ATT31 0.00 FHLB 4.5 10/3/2024 0.00 96,875.00 0.00 96,875.00 Interest 4/9/2023 57629WBV1 0.00 Massmutual Global Funding 3.6 4/9/2024 0.00 63,000.00 0.00 63,000.00 Interest 4/10/2023 64952WDG5 0.00 New York Life Global 2.875 4/10/2024 0.00 69,071.88 0.00 69,071.88 Interest 4/10/2023 3130AF4K0 0.00 FHLB 3.15 10/10/2023 0.00 94,500.00 0.00 94,500.00 Interest 4/11/2023 931142DH3 0.00 Walmart Inc 2.55 4/11/2023 0.00 127,500.00 0.00 127,500.00 Interest 4/14/2023 3130APDR3 0.00 FHLB 1.2 10/14/2026-22 0.00 30,000.00 0.00 30,000.00 Interest 4/19/2023 3130APD28 0.00 FHLB 1.15 10/19/2026-22 0.00 28,750.00 0.00 28,750.00 Interest 4/19/2023 LAIF-GFA 0.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 141,680.54 0.00 141,680.54 Interest 4/19/2023 LAIF-CITY 0.00 CA Local Agency Inv. Fund LGIP-Quarterly 0.00 148,408.75 0.00 148,408.75 Interest 4/21/2023 3130APAY1 0.00 FHLB 1.1 10/21/2026-22 0.00 27,500.00 0.00 27,500.00 National Securities Clearing Corp 1.5
4/23/2025
Interest 4/23/2023 637639AB1 0.00 0.00 37,500.00 0.00 37,500.00 Interest 4/24/2023 3135G0K36 0.00 FNMA 2.125 4/24/2026 0.00 106,250.00 0.00 106,250.00 Interest 4/26/2023 3130AP4H5 0.00 FHLB 1.15 10/26/2026-21 0.00 28,750.00 0.00 28,750.00 Interest 4/28/2023 3130APGP4 0.00 FHLB 1.15 10/28/2026-22 0.00 28,750.00 0.00 28,750.00 Interest 4/28/2023 40139LBG7 0.00 Guardian Life 5.55 10/28/2027 0.00 138,750.00 0.00 138,750.00 Interest 4/29/2023 3130ALZE7 0.00 FHLB 1.35 4/29/2027-23 0.00 20,250.00 0.00 20,250.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
21 85 of 253
Interest 4/30/2023 91282CAT8 0.00 T-Note 0.25 10/31/2025 0.00 6,250.00 0.00 6,250.00 Interest 4/30/2023 912828YM6 0.00 T-Note 1.5 10/31/2024 0.00 37,500.00 0.00 37,500.00 Interest 4/30/2023 91282CEN7 0.00 T-Note 2.75 4/30/2027 0.00 68,750.00 0.00 68,750.00 Interest 5/1/2023 LACPIF 0.00 LA County Pool LGIP 0.00 108,969.21 0.00 108,969.21 California State University Revenue Bonds
0.685 11
Interest 5/1/2023 13077DMK5 0.00 0.00 3,425.00 0.00 3,425.00 Interest 5/1/2023 594918AT1 0.00 Microsoft Corp 2.375 5/1/2023 0.00 23,750.00 0.00 23,750.00 CA ST University Revenue Bond 1.361
11/1/2027-22
Interest 5/1/2023 13077DQF2 0.00 0.00 12,963.53 0.00 12,963.53 Mississippi State GO Bonds 3.408
11/1/2023
Interest 5/1/2023 605581LJ4 0.00 0.00 25,560.00 0.00 25,560.00 Interest 5/1/2023 90327QD89 0.00 USAA Capital Corp 3.375 5/1/2025 0.00 84,375.00 0.00 84,375.00 Interest 5/6/2023 40139LAF0 0.00 Guardian Life 2.9 5/6/2024 0.00 109,040.00 0.00 109,040.00 Interest 5/10/2023 3130APKQ7 0.00 FHLB 1.25 11/10/2026-22 0.00 31,250.00 0.00 31,250.00 Interest 5/11/2023 037833CR9 0.00 Apple Inc 3.2 5/11/2027 0.00 80,000.00 0.00 80,000.00 Interest 5/13/2023 037833DK3 0.00 Apple Inc 3 11/13/2027-22 0.00 75,000.00 0.00 75,000.00 Interest 5/13/2023 40139LBD4 0.00 Guardian Life 1.25 5/13/2026 0.00 29,206.25 0.00 29,206.25 Interest 5/15/2023 91282CDH1 0.00 T-Note 0.75 11/15/2024 0.00 18,750.00 0.00 18,750.00 Interest 5/15/2023 91412HDK6 0.00 University of CA Regents 3.333 5/15/2023 0.00 24,997.50 0.00 24,997.50 Interest 5/15/2023 3134GX5U4 0.00 FHLMC 5 11/15/2024-23 0.00 125,000.00 0.00 125,000.00 Interest 5/15/2023 88213AHK4 0.00 Texas A&M University 2.734 5/15/2023 0.00 68,350.00 0.00 68,350.00 University of CA Revenue Bonds 1.316
5/15/2027
Interest 5/15/2023 91412HGF4 0.00 0.00 48,823.60 0.00 48,823.60 Interest 5/15/2023 88213ABX2 0.00 Texas A&M University 2.933 5/15/2026 0.00 21,997.50 0.00 21,997.50 Interest 5/15/2023 91412HBK8 0.00 University of CA Regents 3.297 5/15/2023 0.00 32,970.00 0.00 32,970.00 Interest 5/15/2023 912828WE6 0.00 T-Note 2.75 11/15/2023 0.00 110,000.00 0.00 110,000.00 University of CA Revenue Bonds 0.883
5/15/2025
Interest 5/15/2023 91412HGE7 0.00 0.00 23,929.30 0.00 23,929.30 Interest 5/15/2023 88213AKB0 0.00 Texas A&M University 2.549 5/15/2024 0.00 24,406.68 0.00 24,406.68 Interest 5/18/2023 3130APQG3 0.00 FHLB 1.2 11/18/2025-22 0.00 30,000.00 0.00 30,000.00 National Securities Clearing Corp 5.1
11/21/2027-
Interest 5/21/2023 637639AH8 0.00 0.00 100,725.00 0.00 100,725.00 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
22 86 of 253
Interest 5/22/2023 3130AMCB6 0.00 FHLB 1 5/22/2026-22 0.00 25,000.00 0.00 25,000.00 Interest 5/23/2023 3130APRJ6 0.00 FHLB 1.5 11/23/2026-22 0.00 37,500.00 0.00 37,500.00 Interest 5/24/2023 3130APQW8 0.00 FHLB 1.5 11/24/2026-22 0.00 75,000.00 0.00 75,000.00 Interest 5/28/2023 3130AQU76 0.00 FHLB 1.6 11/28/2025-23 0.00 40,000.00 0.00 40,000.00 CA State Health Facs Fin Revenue Bonds
0.752 6/1/2
Interest 6/1/2023 13032UXL7 0.00 0.00 7,520.00 0.00 7,520.00 Interest 6/1/2023 LACPIF 0.00 LA County Pool LGIP 0.00 146,920.39 0.00 146,920.39 CA State Health Facs Fin Revenue Bonds
0.952 6/1/2
Interest 6/1/2023 13032UXM5 0.00 0.00 8,330.00 0.00 8,330.00 City of Beverly Hills Revenue Bonds 0.73
6/1/2024
Interest 6/1/2023 088006JY8 0.00 0.00 2,737.50 0.00 2,737.50 CA ST Health Fac Fin Authority 2.991
6/1/2025
Interest 6/1/2023 13032UC22 0.00 0.00 29,910.00 0.00 29,910.00 CA ST Health Fac Fin Authority 2.211
6/1/2025
Interest 6/1/2023 13032UVC9 0.00 0.00 33,165.00 0.00 33,165.00 Interest 6/1/2023 574193VR6 0.00 State of Maryland GO Bond 3.15 6/1/2026 0.00 93,712.50 0.00 93,712.50 CA ST Health Fac Fin Authority 3.044
6/1/2026
Interest 6/1/2023 13032UC30 0.00 0.00 22,830.00 0.00 22,830.00 Interest 6/1/2023 85440KAC8 0.00 Stanford University 1.289 6/1/2027 0.00 45,082.78 0.00 45,082.78 City of Beverly Hills Revenue Bonds 0.83
6/1/2025
Interest 6/1/2023 088006JZ5 0.00 0.00 2,801.25 0.00 2,801.25 Interest 6/1/2023 91417KN23 0.00 University of Colorado 2.649 6/1/2024 0.00 14,569.50 0.00 14,569.50 Interest 6/2/2023 3130APW43 0.00 FHLB 1.5 12/2/2026-22 0.00 37,500.00 0.00 37,500.00 National Securities Clearing Corp 0.75
12/7/2025
Interest 6/7/2023 637639AE5 0.00 0.00 18,750.00 0.00 18,750.00 Interest 6/8/2023 3130A0F70 0.00 FHLB 3.375 12/8/2023 0.00 168,750.00 0.00 168,750.00 Interest 6/9/2023 313383QR5 0.00 FHLB 3.25 6/9/2023 0.00 81,250.00 0.00 81,250.00 Interest 6/9/2023 3130AMNH1 0.00 FHLB 1.08 6/9/2026-21 0.00 27,000.00 0.00 27,000.00 Interest 6/10/2023 3130ATUS4 0.00 FHLB 4.25 12/10/2027 0.00 255,000.00 0.00 255,000.00 Interest 6/11/2023 3130ASGU7 0.00 FHLB 3.5 6/11/2027 0.00 52,150.00 0.00 52,150.00 Interest 6/12/2023 3130AEB74 0.00 FHLB 3.125 12/12/2025 0.00 99,609.38 0.00 99,609.38 Interest 6/13/2023 3130ASG86 0.00 FHLB 3.375 6/13/2025 0.00 50,625.00 0.00 50,625.00 Interest 6/15/2023 931142DV2 0.00 Walmart Inc 2.65 12/15/2024 0.00 75,021.50 0.00 75,021.50 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
23 87 of 253
Interest 6/15/2023 91282CCG4 0.00 T-Note 0.25 6/15/2024 0.00 6,250.00 0.00 6,250.00 Interest 6/15/2023 91282CDN8 0.00 T-Note 1 12/15/2024 0.00 25,000.00 0.00 25,000.00 San Francisco City & County GO Bonds
2.621 6/1
Interest 6/15/2023 7976465B8 0.00 0.00 6,159.35 0.00 6,159.35 Utah State Transit Authority 1.72
12/15/2027-21
Interest 6/15/2023 917567GB9 0.00 0.00 24,811.00 0.00 24,811.00 Interest 6/17/2023 3130APXD2 0.00 FHLB 1.55 12/17/2026-22 0.00 38,750.00 0.00 38,750.00 Interest 6/17/2023 3130AQ3G6 0.00 FHLB 1.5 6/17/2026-22 0.00 37,500.00 0.00 37,500.00 Interest 6/19/2023 3137EAEN5 0.00 FHLMC 2.75 6/19/2023 0.00 68,750.00 0.00 68,750.00 Interest 6/20/2023 037833CX6 0.00 Apple Inc 3 6/20/2027-22 0.00 75,000.00 0.00 75,000.00 Interest 6/22/2023 3130AQ5C3 0.00 FHLB 1.55 12/22/2026-22 0.00 38,750.00 0.00 38,750.00 Interest 6/26/2023 931142EK5 0.00 Walmart Inc 3.4 6/26/2023 0.00 85,000.00 0.00 85,000.00 Interest 6/30/2023 9128286Z8 0.00 T-Note 1.75 6/30/2024 0.00 43,750.00 0.00 43,750.00 Interest 6/30/2023 91282CDQ1 0.00 T-Note 1.25 12/31/2026 0.00 31,250.00 0.00 31,250.00 Interest 6/30/2023 3130AQAB9 0.00 FHLB 1.625 12/30/2026-22 0.00 40,625.00 0.00 40,625.00 Subtotal 0.00 0.00 18,595,711.03 18,595,711.03
Total Interest/Dividends 0.00 0.00 18,595,711.03 18,595,711.03 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 6/30/2022, End Date: 6/30/2023 Report Group: City of Glendale Transaction Summary by Action
City of Glendale
24 88 of 253
02 - Commercial Paper 25%
62479MV83
MUFG Bank Ltd NY 0 8/8/2023
5,000,000.00
3/7/2023
5.11 4,972,916.67
4,893,055.56 99.44
5.21 0.00
4,971,965.00
-951.67
0.49%
S&P-A1
Moodys-P1
0.11 39
63873KW78
Natixis NY Branch 0 9/7/2023
5,000,000.00
3/2/2023
5.27 4,950,837.50
4,865,337.50 99.01
5.24 0.00
4,950,290.00
-547.50
0.49%
S&P-A1
Moodys-P1
0.19 69
54 0.15
0.98%
-1,499.17
9,922,255.00
5.22 0.00
9,758,393.06
Sub Total 02 - Commercial Paper 25% 10,000,000.00 5.19 9,923,754.17 04 - LAIF $75 M (Set by LAIF)
LAIF-CITY
CA Local Agency Inv. Fund LGIP-Quarterly
40,000,000.00
6/30/2013
3.15 40,000,000.00
40,000,000.00 100.00
3.15 389,219.18
40,000,000.00
0.00 3.95%
NR
NR
0 1
LAIF-GFA
CA Local Agency Inv. Fund LGIP-Quarterly
39,000,000.00
6/30/2013
3.15 39,000,000.00
39,000,000.00 100.00
3.15 381,452.06
39,000,000.00
0.00 3.85%
NR
NR
0 1
1 0
7.8%
0.00 79,000,000.00
3.15 770,671.24
79,000,000.00
Sub Total 04 - LAIF $75 M (Set by LAIF) 79,000,000.00 3.15 79,000,000.00 05 - LA County Pool 10%
LACPIF
LA County Pool LGIP
34,255,889.60
6/30/2013
3.82 34,255,889.60
34,255,889.60 100.00
3.82 34,255,889.60
0.00 3.38%
NR
NR
0 1
1 0
3.38%
0.00 34,255,889.60
3.82 34,255,889.60
Sub Total 05 - LA County Pool 10% 34,255,889.60 3.82 34,255,889.60 06 - Treasury Notes 100%
912797FX0
T-Bill 0 7/11/2023
10,000,000.00
6/22/2023
5.02 9,984,905.57
9,973,927.80 99.89
3.68 0.00
9,988,927.80
4,022.23
0.99%
NR
NR
0.03 11
912797FY8
T-Bill 0 7/18/2023
10,000,000.00
6/9/2023
5.08 9,975,100.00
9,946,050.00 99.79
4.23 0.00
9,979,171.90
4,071.90
0.98%
NR
NR
0.05 18
912796ZZ5
T-Bill 0 7/20/2023
10,000,000.00
6/28/2023
5.04 9,972,444.46
9,969,688.90 99.76
4.33 0.00
9,976,341.70
3,897.24
0.98%
NR
NR
0.05 20
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
25 89 of 253
912797FR3
T-Bill 0 7/5/2023
10,000,000.00
6/7/2023
5.14 9,992,986.11
9,960,722.20 99.97
1.99 0.00
9,997,270.10
4,283.99
0.99%
NR
NR
0.01 5
91282CAT8
T-Note 0.25 10/31/2025
5,000,000.00
2/9/2022
1.65 4,841,910.90
4,748,242.19 90.24
4.71 2,072.01
4,512,109.40
-329,801.50
0.48%
Fitch-AAA
Moodys-Aaa
2.33 854
91282CCG4
T-Note 0.25 6/15/2024
5,000,000.00
4/7/2022
2.59 4,891,339.18
4,752,340.00 95.22
5.43 512.30
4,760,937.50
-130,401.68
0.48%
Fitch-AAA
Moodys-Aaa
0.96 351
91282CAB7
T-Note 0.25 7/31/2025
5,000,000.00
2/9/2022
1.62 4,861,265.90
4,769,140.63 90.98
4.85 5,179.56
4,549,023.45
-312,242.45
0.48%
Fitch-AAA
Moodys-Aaa
2.08 762
91282CAB7
T-Note 0.25 7/31/2025
5,000,000.00
3/16/2022
2.02 4,822,082.20
4,712,109.38 90.98
4.85 5,179.56
4,549,023.45
-273,058.75
0.48%
Fitch-AAA
Moodys-Aaa
2.08 762
91282CAJ0
T-Note 0.25 8/31/2025
5,000,000.00
2/8/2022
1.64 4,854,052.74
4,760,742.19 90.72
4.81 4,144.02
4,535,937.50
-318,115.24
0.48%
Fitch-AAA
Moodys-Aaa
2.16 793
91282CAJ0
T-Note 0.25 8/31/2025
5,000,000.00
3/16/2022
2.02 4,815,463.99
4,705,859.38 90.72
4.81 4,144.02
4,535,937.50
-279,526.49
0.48%
Fitch-AAA
Moodys-Aaa
2.16 793
91282CBQ3
T-Note 0.5 2/28/2026
10,000,000.00
3/1/2021
0.82 9,916,546.93
9,843,632.60 89.81
4.60 16,576.09
8,981,250.00
-935,296.93
0.98%
Fitch-AAA
Moodys-Aaa
2.65 974
91282CDH1
T-Note 0.75 11/15/2024
5,000,000.00
3/31/2022
2.51 4,883,515.62
4,778,125.00 94.04
5.31 4,687.50
4,701,757.80
-181,757.82
0.48%
Fitch-AAA
Moodys-Aaa
1.37 504
91282CDN8
T-Note 1 12/15/2024
5,000,000.00
4/1/2022
2.49 4,895,281.30
4,806,054.69 94.10
5.25 2,049.18
4,705,078.10
-190,203.20
0.48%
Fitch-AAA
Moodys-Aaa
1.45 534
91282CDS7
T-Note 1.125 1/15/2025
5,000,000.00
3/31/2022
2.50 4,897,970.74
4,815,625.00 94.03
5.21 25,794.20
4,701,367.20
-196,603.54
0.48%
S&P-AA+
Moodys-Aaa
1.52 565
91282CDS7
T-Note 1.125 1/15/2025
5,000,000.00
5/4/2022
2.90 4,868,964.51
4,771,093.75 94.03
5.21 25,794.20
4,701,367.20
-167,597.31
0.48%
S&P-AA+
Moodys-Aaa
1.52 565
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
26 90 of 253
91282CDQ1
T-Note 1.25 12/31/2026
5,000,000.00
1/11/2022
1.52 4,954,545.46
4,935,546.88 89.97
4.37 0.00
4,498,632.80
-455,912.66
0.49%
None
Moodys-Aaa
3.43 1280
912828YM6
T-Note 1.5 10/31/2024
5,000,000.00
4/13/2021
0.50 5,066,126.46
5,175,390.63 95.13
5.33 12,432.06
4,756,445.30
-309,681.16
0.5%
Fitch-AAA
Moodys-Aaa
1.32 489
91282CDZ1
T-Note 1.5 2/15/2025
5,000,000.00
5/4/2022
2.91 4,890,225.93
4,812,500.00 94.37
5.15 27,969.61
4,718,554.70
-171,671.23
0.48%
Moodys-Aaa
Fitch-AAA
1.6 596
9128286Z8
T-Note 1.75 6/30/2024
5,000,000.00
4/11/2022
2.60 4,958,748.84
4,908,593.75 96.45
5.44 0.00
4,822,656.25
-136,092.59
0.49%
Fitch-AAA
Moodys-Aaa
1 366
912828Y87
T-Note 1.75 7/31/2024
5,000,000.00
4/1/2022
2.42 4,964,688.78
4,924,218.75 96.17
5.43 36,256.91
4,808,398.45
-156,290.33
0.49%
Fitch-AAA
Moodys-Aaa
1.07 397
9128282R0
T-Note 2.25 8/15/2027
5,000,000.00
9/16/2022
3.60 4,746,352.65
4,698,046.88 92.41
4.28 41,954.42
4,620,312.50
-126,040.15
0.47%
Fitch-AAA
Moodys-Aaa
3.92 1507
912828WE6
T-Note 2.75 11/15/2023
8,000,000.00
3/20/2019
2.42 8,009,355.16
8,115,312.50 99.08
5.24 27,500.00
7,926,250.00
-83,105.16
0.79%
Fitch-AAA
Moodys-Aaa
0.38 138
91282CEN7
T-Note 2.75 4/30/2027
5,000,000.00
6/13/2022
3.02 4,952,125.42
4,939,062.50 94.43
4.34 22,792.12
4,721,484.40
-230,641.02
0.49%
None
Moodys-Aaa
3.64 1400
513
1.38 13.92%
-4,967,763.85
136,048,235.00
4.57 265,037.76
139,822,025.60
Sub Total 06 - Treasury Notes 100% 143,000,000.00 2.96 141,015,998.85 08 - Corporate Bonds 30%
02079KAC1
Alphabet Inc 1.998 8/15/2026
5,000,000.00
3/10/2022
2.04 4,994,462.82
4,992,150.00 92.53
4.59 37,462.50
4,626,315.45
-368,147.37
0.49%
Moodys-Aa2
S&P-AA+
3.02 1142
03444RAB4
Andrew W Mellon Foundation 0.947 8/1/2027
-22
6,474,000.00
11/18/2022
4.52 5,631,278.63
5,504,842.20 86.55
4.60 25,375.02
5,603,170.02
-28,108.61
0.56%
S&P-AAA
Moodys-Aaa
3.99 1493
037833EC0
Apple Inc 1.2 2/8/2028-23
5,000,000.00
2/16/2023
4.43 4,337,886.03
4,285,200.00 86.65
4.44 23,666.67
4,332,252.00
-5,634.03
0.43%
S&P-AA+
Moodys-Aaa
4.46 1684
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
27 91 of 253
037833DN7
Apple Inc 2.05 9/11/2026
5,000,000.00
1/12/2022
1.66 5,060,015.07
5,087,430.00 92.11
4.74 31,034.72
4,605,559.90
-454,455.17
0.5%
S&P-AA+
Moodys-Aaa
3.09 1169
037833DK3
Apple Inc 3 11/13/2027-22
5,000,000.00
12/9/2022
4.10 4,783,429.06
4,755,900.00 94.18
4.48 19,583.33
4,709,083.25
-74,345.81
0.47%
S&P-AA+
Moodys-Aaa
4.1 1597
037833CX6
Apple Inc 3 6/20/2027-22
5,000,000.00
11/4/2022
4.51 4,732,179.25
4,688,250.00 94.67
4.48 4,166.67
4,733,588.70
1,409.45
0.47%
S&P-AA+
Moodys-Aaa
3.76 1451
037833CR9
Apple Inc 3.2 5/11/2027
5,000,000.00
5/11/2022
3.46 4,954,061.36
4,940,550.00 95.40
4.51 21,777.78
4,770,096.25
-183,965.11
0.49%
S&P-AA+
Moodys-Aaa
3.64 1411
40139LBD4
Guardian Life 1.25 5/13/2026
3,473,000.00
6/10/2021
1.12 3,485,570.93
3,494,567.31 89.43
5.27 5,667.74
3,105,830.91
-379,740.02
0.34%
S&P-AA+
Moodys-Aa2
2.82 1048
40139LBD4
Guardian Life 1.25 5/13/2026
1,200,000.00
8/9/2021
1.03 1,207,547.05
1,212,516.00 89.43
5.27 1,958.33
1,073,134.78
-134,412.27
0.12%
S&P-AA+
Moodys-Aa2
2.82 1048
40139LAF0
Guardian Life 2.9 5/6/2024
5,000,000.00
5/7/2019
2.82 5,003,351.85
5,019,680.00 97.59
5.84 21,750.00
4,879,550.00
-123,801.85
0.49%
S&P-AA+
Moodys-Aa2
0.84 311
40139LAF0
Guardian Life 2.9 5/6/2024
2,520,000.00
1/17/2020
2.05 2,537,369.55
2,607,741.36 97.59
5.84 10,962.00
2,459,293.20
-78,076.35
0.25%
S&P-AA+
Moodys-Aa2
0.84 311
40139LBG7
Guardian Life 5.55 10/28/2027
5,000,000.00
12/6/2022
4.81 5,141,012.74
5,159,386.32 101.03
5.28 47,791.67
5,051,390.10
-89,622.64
0.51%
S&P-AA+
Moodys-Aa1
3.87 1581
478160CK8
Johnson & Johnson 2.9 1/15/2028-23
5,000,000.00
1/17/2023
3.95 4,786,129.39
4,765,000.00 94.05
4.36 66,458.33
4,702,659.25
-83,470.14
0.47%
S&P-AAA
Moodys-Aaa
4.22 1660
478160CE2
Johnson and Johnson 2.95 3/3/2027
4,154,000.00
3/9/2022
2.06 4,282,646.18
4,328,468.00 95.34
4.33 39,826.48
3,960,561.72
-322,084.46
0.42%
S&P-AAA
Moodys-Aaa
3.47 1342
478160CE2
Johnson and Johnson 2.95 3/3/2027
2,000,000.00
4/25/2022
3.25 1,980,047.87
1,973,640.00 95.34
4.33 19,175.00
1,906,866.50
-73,181.37
0.2%
S&P-AAA
Moodys-Aaa
3.47 1342
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
28 92 of 253
57629WDE7
Massmutual Global Funding 1.2 7/16/2026
5,000,000.00
7/16/2021
1.15 5,007,307.78
5,012,000.00 88.36
5.40 27,333.33
4,418,229.95
-589,077.83
0.49%
S&P-AA+
Moodys-Aa3
2.98 1112
57629WCQ1
Massmutual Global Funding 2.35 1/14/2027
1,144,000.00
7/20/2022
4.03 1,082,492.45
1,066,093.60 90.85
5.21 12,396.51
1,039,367.96
-43,124.49
0.11%
S&P-AA+
Moodys-Aa3
3.37 1294
57629WCH1
Massmutual Global Funding 3.4 3/8/2026
2,654,000.00
4/5/2021
1.28 2,800,198.08
2,921,682.44 94.98
5.43 28,073.42
2,520,707.39
-279,490.69
0.28%
S&P-AA+
Moodys-Aa3
2.56 982
57629WBV1
Massmutual Global Funding 3.6 4/9/2024
3,500,000.00
6/25/2019
2.46 3,529,064.56
3,679,095.00 98.27
5.91 28,350.00
3,439,345.00
-89,719.56
0.35%
S&P-AA+
Moodys-Aa3
0.77 284
594918BX1
Microsoft Corp 2.875 2/6/2024
5,000,000.00
2/14/2019
2.81 5,001,776.02
5,014,610.00 98.49
5.46 57,500.00
4,924,627.35
-77,148.67
0.49%
S&P-AAA
Moodys-Aaa
0.59 221
637639AK1
National Securities Clearing 5 5/30/2028-28
5,000,000.00
5/30/2023
4.77 5,049,151.61
5,050,000.00 99.26
5.17 20,833.33
4,962,952.30
-86,199.31
0.5%
S&P-AA+
Moodys-Aaa
4.4 1766
637639AE5
National Securities Clearing Corp 0.75
12/7/2025
5,000,000.00
3/1/2021
1.03 4,966,753.73
4,935,000.00 89.22
5.54 2,395.83
4,460,782.90
-505,970.83
0.49%
S&P-AA+
Moodys-Aaa
2.42 891
637639AB1
National Securities Clearing Corp 1.5
4/23/2025
5,000,000.00
3/25/2021
1.14 5,032,059.83
5,072,050.00 92.97
5.63 13,958.33
4,648,439.50
-383,620.33
0.5%
S&P-AA+
Moodys-Aaa
1.79 663
637639AH8
National Securities Clearing Corp 5.1
11/21/2027-
1,950,000.00
12/6/2022
4.76 1,975,315.54
1,978,564.76 99.37
5.26 10,773.75
1,937,781.53
-37,534.01
0.2%
S&P-AA+
Moodys-Aaa
3.97 1605
637639AH8
National Securities Clearing Corp 5.1
11/21/2027-
2,000,000.00
1/30/2023
4.31 2,061,787.02
2,067,600.00 99.37
5.26 11,050.00
1,987,468.24
-74,318.78
0.2%
S&P-AA+
Moodys-Aaa
3.97 1605
64952WCH4
New York Life Global 2.35 7/14/2026
5,000,000.00
1/6/2022
1.62 5,107,367.27
5,159,600.00 91.86
5.29 54,180.56
4,592,940.70
-514,426.57
0.5%
S&P-AA+
Moodys-Aaa
2.91 1110
64952WCH4
New York Life Global 2.35 7/14/2026
3,800,000.00
1/12/2022
1.83 3,858,006.16
3,885,911.83 91.86
5.29 41,177.22
3,490,634.93
-367,371.23
0.38%
S&P-AA+
Moodys-Aaa
2.91 1110
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
29 93 of 253
64952WDG5
New York Life Global 2.875 4/10/2024
4,805,000.00
4/10/2019
2.81 4,807,181.19
4,818,982.55 97.91
5.66 30,698.61
4,704,510.06
-102,671.13
0.47%
S&P-AA+
Moodys-Aaa
0.77 285
64952WCN1
New York Life Global 2.9 1/17/2024
5,000,000.00
3/1/2019
3.05 4,996,182.92
4,966,140.00 98.45
5.82 65,652.78
4,922,350.00
-73,832.92
0.49%
S&P-AA+
Moodys-Aaa
0.54 201
64952WDW0
New York Life Global FDG 0.85 1/15/2026
5,000,000.00
3/2/2021
1.10 4,969,111.46
4,940,880.00 89.35
5.39 19,479.17
4,467,568.40
-501,543.06
0.49%
S&P-AA+
Moodys-Aaa
2.51 930
66815L2M0
Northwestern Mutual GLBL 4.9 6/12/2028
5,000,000.00
6/14/2023
4.76 5,030,507.06
5,030,776.89 99.16
5.09 12,250.00
4,958,203.20
-72,303.86
0.5%
S&P-AA+
Moodys-Aaa
4.44 1809
66815L2A6
NW Mutual Global 0.8 1/14/2026
2,500,000.00
8/11/2021
1.00 2,487,590.35
2,478,400.00 89.09
5.46 9,222.22
2,227,365.80
-260,224.55
0.25%
S&P-AA+
Moodys-Aaa
2.51 929
66815L2F5
NW Mutual Global 1.75 1/11/2027
3,690,000.00
3/23/2022
2.74 3,569,860.20
3,526,680.60 89.06
5.18 30,314.38
3,286,471.75
-283,388.45
0.35%
S&P-AA+
Moodys-Aaa
3.4 1291
66815L2K4
NW Mutual Global 4.35 9/15/2027
5,000,000.00
9/15/2022
4.15 5,037,649.84
5,044,700.00 97.47
5.02 63,437.50
4,873,255.70
-164,394.14
0.5%
Moodys-Aaa
S&P-AA+
3.84 1538
742718FZ7
Proctor & Gamble 3.95 1/26/2028-23
5,000,000.00
2/6/2023
3.75 5,042,396.45
5,046,050.00 98.19
4.39 84,486.11
4,909,320.45
-133,076.00
0.5%
S&P-AAMoodys-Aa3
4.15 1671
742718EB1
Proctor & Gamble 3.1 8/15/2023
4,583,000.00
9/12/2018
3.11 4,582,941.37
4,580,708.50 99.83
4.44 53,277.38
4,575,071.41
-7,869.96
0.45%
S&P-AAMoodys-Aa3
0.13 46
85440KAC8
Stanford University 1.289 6/1/2027
1,995,000.00
6/2/2022
3.22 1,856,494.14
1,818,482.40 88.03
4.67 2,071.53
1,756,110.58
-100,383.56
0.18%
S&P-AAA
Moodys-Aaa
3.82 1432
85440KAC8
Stanford University 1.289 6/1/2027
5,000,000.00
3/3/2023
4.49 4,434,263.06
4,387,250.00 88.03
4.67 5,191.81
4,401,279.65
-32,983.41
0.44%
S&P-AAA
Moodys-Aaa
3.82 1432
89236TFN0
Toyota Motor Credit 3.45 9/20/2023
5,000,000.00
10/10/2018
3.59 4,998,558.42
4,968,250.00 99.49
5.73 47,916.67
4,974,370.90
-24,187.52
0.49%
S&P-A+
Moodys-A1
0.22 82
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
30 94 of 253
90327QD89
USAA Capital Corp 3.375 5/1/2025
5,000,000.00
6/15/2022
3.92 4,953,100.04
4,926,539.70 96.03
5.68 27,656.25
4,801,267.80
-151,832.24
0.49%
S&P-AA
Moodys-Aa1
1.79 671
931142DV2
Walmart Inc 2.65 12/15/2024
5,662,000.00
5/4/2022
2.87 5,644,795.10
5,631,198.72 96.33
5.30 6,251.79
5,454,286.47
-190,508.63
0.56%
S&P-AA
Moodys-Aa2
1.44 534
931142FB4
Walmart Inc 3.9 4/15/2028-28
5,000,000.00
4/19/2023
4.00 4,978,436.67
4,977,550.00 97.56
4.47 39,000.00
4,878,089.60
-100,347.07
0.49%
S&P-AA
Moodys-Aa2
4.38 1720
1076
2.79 17.35%
-7,645,184.55
168,132,151.55
5.09 1,181,584.72
175,800,118.18
Sub Total 08 - Corporate Bonds 30% 178,104,000.00 3.03 175,777,336.10 09 - Federal Agencies 100%
313384TR0
FHLB 0 2/28/2024
5,000,000.00
3/2/2023
5.29 4,830,575.01
4,746,908.35 96.71
5.04 0.00
4,835,486.40
4,911.39
0.48%
None
None
0.67 243
3130AKYG5
FHLB 0.555 2/18/2026-21
10,000,000.00
2/18/2021
0.56 10,000,000.00
10,000,000.00 89.56
4.83 20,350.00
8,955,857.60
-1,044,142.40
0.99%
S&P-AA+
Moodys-Aaa
2.61 49
3130AKPQ3
FHLB 0.58 1/28/2026-22
10,000,000.00
3/19/2021
0.92 9,914,248.59
9,838,500.00 89.84
4.82 24,488.89
8,984,353.20
-929,895.39
0.98%
S&P-AA+
Moodys-Aaa
2.55 28
3130ALB94
FHLB 0.63 2/26/2026-21
5,000,000.00
2/26/2021
0.63 5,000,000.00
5,000,000.00 89.68
4.82 10,850.00
4,483,938.10
-516,061.90
0.49%
S&P-AA+
Moodys-Aaa
2.63 57
3130ALDN1
FHLB 0.8 3/16/2026-21
5,000,000.00
3/16/2021
0.80 5,000,000.00
5,000,000.00 89.95
4.80 11,555.56
4,497,597.60
-502,402.40
0.49%
S&P-AA+
Moodys-Aaa
2.68 78
3130ALVL5
FHLB 0.91 12/30/2025-21
5,000,000.00
4/1/2021
0.91 5,000,000.00
5,000,000.00 90.89
4.82 11,375.00
4,544,674.70
-455,325.30
0.49%
S&P-AA+
Moodys-Aaa
2.47 92
3130AMZA3
FHLB 1 3/30/2026-21
5,000,000.00
6/30/2021
1.00 5,000,000.00
5,000,000.00 90.36
4.78 12,500.00
4,517,962.35
-482,037.65
0.49%
S&P-AA+
Moodys-Aaa
2.71 92
3130AMCB6
FHLB 1 5/22/2026-22
5,000,000.00
5/26/2021
1.00 5,000,000.00
5,000,000.00 90.04
4.72 5,277.78
4,502,086.35
-497,913.65
0.49%
S&P-AA+
Moodys-Aaa
2.85 53
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
31 95 of 253
3130ANET3
FHLB 1 8/12/2026-21
5,000,000.00
8/12/2021
1.00 5,000,000.00
5,000,000.00 89.47
4.67 19,166.67
4,473,378.95
-526,621.05
0.49%
S&P-AA+
Moodys-Aaa
3.06 43
3130ANTD2
FHLB 1 9/16/2026-21
5,000,000.00
9/16/2021
1.00 5,000,000.00
5,000,000.00 89.28
4.63 14,444.44
4,463,991.90
-536,008.10
0.49%
S&P-AA+
Moodys-Aaa
3.16 78
3130ANSB7
FHLB 1 9/17/2026-22
5,000,000.00
9/17/2021
1.00 5,000,000.00
5,000,000.00 89.27
4.63 14,305.56
4,463,645.75
-536,354.25
0.49%
S&P-AA+
Moodys-Aaa
3.16 79
3130AP6D2
FHLB 1 9/30/2026-22
3,900,000.00
9/30/2021
1.00 3,900,000.00
3,900,000.00 89.19
4.62 9,750.00
3,478,541.43
-421,458.57
0.39%
S&P-AA+
Moodys-Aaa
3.19 92
3130AP6D2
FHLB 1 9/30/2026-22
5,000,000.00
9/30/2021
1.00 5,000,000.00
5,000,000.00 89.19
4.62 12,500.00
4,459,668.50
-540,331.50
0.49%
S&P-AA+
Moodys-Aaa
3.19 92
3130ANUN8
FHLB 1.04 9/21/2026-21
5,000,000.00
9/21/2021
1.04 5,000,000.00
5,000,000.00 89.37
4.63 14,300.00
4,468,303.60
-531,696.40
0.49%
S&P-AA+
Moodys-Aaa
3.17 83
3130ANBR0
FHLB 1.05 8/12/2026-22
5,000,000.00
8/12/2021
1.05 5,000,000.00
5,000,000.00 89.61
4.67 20,125.00
4,480,453.45
-519,546.55
0.49%
S&P-AA+
Moodys-Aaa
3.06 43
3130ANND8
FHLB 1.05 8/26/2026-21
5,000,000.00
8/26/2021
1.05 5,000,000.00
5,000,000.00 89.51
4.66 18,083.33
4,475,477.65
-524,522.35
0.49%
S&P-AA+
Moodys-Aaa
3.1 57
3130ANM56
FHLB 1.05 8/27/2026-21
7,400,000.00
8/27/2021
1.05 7,400,000.00
7,400,000.00 89.50
4.66 26,547.50
6,623,185.30
-776,814.70
0.73%
S&P-AA+
Moodys-Aaa
3.1 27
3130ANUZ1
FHLB 1.06 9/28/2026-21
10,000,000.00
9/28/2021
1.06 10,000,000.00
10,000,000.00 89.38
4.62 27,088.89
8,938,138.40
-1,061,861.60
0.99%
S&P-AA+
Moodys-Aaa
3.19 90
3130AMNH1
FHLB 1.08 6/9/2026-21
5,000,000.00
6/9/2021
1.08 5,000,000.00
5,000,000.00 90.02
4.76 3,150.00
4,500,894.95
-499,105.05
0.49%
S&P-AA+
Moodys-Aaa
2.9 1075
3130APAY1
FHLB 1.1 10/21/2026-22
5,000,000.00
10/21/2021
1.10 5,000,000.00
5,000,000.00 89.52
4.55 10,541.67
4,476,239.05
-523,760.95
0.49%
S&P-AA+
Moodys-Aaa
3.25 21
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
32 96 of 253
3130AMYP1
FHLB 1.125 7/15/2026-21
5,000,000.00
7/15/2021
1.13 5,000,000.00
5,000,000.00 89.98
4.70 25,781.25
4,498,999.60
-501,000.40
0.49%
S&P-AA+
Moodys-Aaa
2.98 15
3130AN4R8
FHLB 1.125 7/29/2026-21
5,000,000.00
7/29/2021
1.13 5,000,000.00
5,000,000.00 89.89
4.69 23,593.75
4,494,342.30
-505,657.70
0.49%
S&P-AA+
Moodys-Aaa
3.02 29
3130APD28
FHLB 1.15 10/19/2026-22
5,000,000.00
10/19/2021
1.15 5,000,000.00
5,000,000.00 89.68
4.55 11,340.28
4,484,169.75
-515,830.25
0.49%
S&P-AA+
Moodys-Aaa
3.24 19
3130AP4H5
FHLB 1.15 10/26/2026-21
5,000,000.00
10/26/2021
1.15 5,000,000.00
5,000,000.00 89.64
4.54 10,222.22
4,482,084.55
-517,915.45
0.49%
S&P-AA+
None
3.26 26
3130APGP4
FHLB 1.15 10/28/2026-22
5,000,000.00
10/28/2021
1.18 4,995,837.90
4,993,750.00 89.63
4.54 9,902.78
4,481,509.90
-514,328.00
0.49%
S&P-AA+
Moodys-Aaa
3.26 28
3130APDR3
FHLB 1.2 10/14/2026-22
5,000,000.00
10/14/2021
1.20 5,000,000.00
5,000,000.00 89.86
4.55 12,666.67
4,493,079.25
-506,920.75
0.49%
S&P-AA+
Moodys-Aaa
3.22 14
3130APQG3
FHLB 1.2 11/18/2025-22
5,000,000.00
11/18/2021
1.20 5,000,000.00
5,000,000.00 92.01
4.79 7,000.00
4,600,650.40
-399,349.60
0.49%
S&P-AA+
Moodys-Aaa
2.35 49
3130APKQ7
FHLB 1.25 11/10/2026-22
5,000,000.00
11/10/2021
1.25 5,000,000.00
5,000,000.00 89.87
4.53 8,680.56
4,493,350.45
-506,649.55
0.49%
None
Moodys-Aaa
3.29 41
3130AQT52
FHLB 1.25 2/28/2024-23
5,000,000.00
2/28/2022
1.25 5,000,000.00
5,000,000.00 97.20
5.58 20,833.33
4,860,233.15
-139,766.85
0.49%
S&P-AA+
Moodys-Aaa
0.66 243
3130ALZE7
FHLB 1.35 4/29/2027-23
3,000,000.00
4/14/2023
3.81 2,740,244.51
2,725,947.75 88.48
4.67 6,862.50
2,654,305.50
-85,939.01
0.27%
S&P-AA+
Moodys-Aaa
3.73 29
3130AQTA1
FHLB 1.4 8/28/2024-23
5,000,000.00
2/28/2022
1.40 5,000,000.00
5,000,000.00 95.42
5.52 23,333.33
4,771,186.05
-228,813.95
0.49%
S&P-AA+
Moodys-Aaa
1.15 425
3130AQEW9
FHLB 1.5 1/14/2027-22
5,000,000.00
1/14/2022
1.50 5,000,000.00
5,000,000.00 90.13
4.55 34,583.33
4,506,565.45
-493,434.55
0.49%
S&P-AA+
Moodys-Aaa
3.43 14
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
33 97 of 253
3130APRJ6
FHLB 1.5 11/23/2026-22
5,000,000.00
11/23/2021
1.50 5,000,000.00
5,000,000.00 90.54
4.53 7,708.33
4,527,203.95
-472,796.05
0.49%
S&P-AA+
Moodys-Aaa
3.32 54
3130APQW8
FHLB 1.5 11/24/2026-22
10,000,000.00
11/24/2021
1.50 10,000,000.00
10,000,000.00 90.54
4.53 15,000.00
9,053,832.30
-946,167.70
0.99%
S&P-AA+
Moodys-Aaa
3.32 55
3130APW43
FHLB 1.5 12/2/2026-22
5,000,000.00
12/2/2021
1.50 5,000,000.00
5,000,000.00 90.50
4.53 5,833.33
4,524,883.30
-475,116.70
0.49%
S&P-AA+
Moodys-Aaa
3.34 64
3130AQBQ5
FHLB 1.5 3/30/2026-22
5,000,000.00
12/30/2021
1.50 5,000,000.00
5,000,000.00 91.61
4.79 18,750.00
4,580,703.45
-419,296.55
0.49%
S&P-AA+
Moodys-Aaa
2.69 92
3130AQ3G6
FHLB 1.5 6/17/2026-22
5,000,000.00
12/17/2021
1.50 5,000,000.00
5,000,000.00 91.09
4.76 2,708.33
4,554,691.10
-445,308.90
0.49%
S&P-AA+
Moodys-Aaa
2.91 79
3130AGWK7
FHLB 1.5 8/15/2024
5,000,000.00
3/9/2022
1.58 4,995,810.56
4,990,950.00 95.90
5.30 28,125.00
4,795,190.00
-200,620.56
0.49%
S&P-AA+
Moodys-Aaa
1.11 412
3130APXD2
FHLB 1.55 12/17/2026-22
5,000,000.00
12/17/2021
1.55 5,000,000.00
5,000,000.00 90.58
4.52 2,798.61
4,528,752.75
-471,247.25
0.49%
S&P-AA+
Moodys-Aaa
3.38 79
3130AQ5C3
FHLB 1.55 12/22/2026-22
5,000,000.00
12/22/2021
1.55 5,000,000.00
5,000,000.00 90.55
4.52 1,722.22
4,527,611.85
-472,388.15
0.49%
S&P-AA+
Moodys-Aaa
3.39 84
3130AQJ87
FHLB 1.6 1/19/2027-22
5,000,000.00
1/19/2022
1.60 5,000,000.00
5,000,000.00 90.42
4.55 35,777.78
4,520,791.75
-479,208.25
0.49%
S&P-AA+
Moodys-Aaa
3.44 19
3130AQU76
FHLB 1.6 11/28/2025-23
5,000,000.00
2/28/2022
1.60 5,000,000.00
5,000,000.00 92.61
4.88 7,111.11
4,630,674.00
-369,326.00
0.49%
S&P-AA+
Moodys-Aaa
2.37 882
3130AQM83
FHLB 1.6 7/27/2026-22
5,000,000.00
1/27/2022
1.60 5,000,000.00
5,000,000.00 91.21
4.70 34,000.00
4,560,690.35
-439,309.65
0.49%
S&P-AA+
Moodys-Aaa
2.99 27
3130AQT94
FHLB 1.6 8/28/2025-23
5,000,000.00
2/28/2022
1.60 5,000,000.00
5,000,000.00 93.14
4.98 26,666.67
4,657,073.65
-342,926.35
0.49%
S&P-AA+
Moodys-Aaa
2.12 790
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
34 98 of 253
3130AQHG1
FHLB 1.61 1/28/2027-22
5,000,000.00
1/28/2022
1.61 5,000,000.00
5,000,000.00 90.40
4.55 33,988.89
4,520,174.45
-479,825.55
0.49%
S&P-AA+
Moodys-Aaa
3.46 28
3130AQAB9
FHLB 1.625 12/30/2026-22
5,000,000.00
12/30/2021
1.63 5,000,000.00
5,000,000.00 90.75
4.51 0.00
4,537,252.20
-462,747.80
0.49%
S&P-AA+
Moodys-Aaa
3.41 92
3130AQM26
FHLB 1.7 1/27/2027-23
5,000,000.00
1/27/2022
1.70 5,000,000.00
5,000,000.00 90.69
4.55 36,125.00
4,534,409.70
-465,590.30
0.49%
None
S&P-AA+
3.45 27
3130AQPE7
FHLB 1.9 2/17/2027-22
6,650,000.00
2/17/2022
1.90 6,650,000.00
6,650,000.00 91.17
4.57 46,679.31
6,062,596.72
-587,403.28
0.66%
S&P-AA+
Moodys-Aaa
3.49 48
3130AQRH8
FHLB 2 2/25/2027-22
5,000,000.00
2/25/2022
2.00 5,000,000.00
5,000,000.00 91.44
4.57 34,722.22
4,571,978.55
-428,021.45
0.49%
S&P-AA+
Moodys-Aaa
3.51 56
3130AQZF3
FHLB 2 2/28/2025-23
5,000,000.00
2/28/2022
2.00 5,000,000.00
5,000,000.00 94.81
5.29 33,333.33
4,740,373.00
-259,627.00
0.49%
S&P-AA+
Moodys-Aaa
1.63 62
3130AR4D0
FHLB 2 3/10/2025-22
5,000,000.00
3/10/2022
2.00 5,000,000.00
5,000,000.00 94.84
5.22 30,555.56
4,741,907.00
-258,093.00
0.49%
S&P-AA+
Moodys-Aaa
1.66 72
3130ARBE0
FHLB 2 9/24/2024-22
5,000,000.00
3/24/2022
2.00 5,000,000.00
5,000,000.00 95.84
5.53 26,666.67
4,792,018.80
-207,981.20
0.49%
S&P-AA+
Moodys-Aaa
1.22 86
3130ARA68
FHLB 2.35 3/29/2027-22
5,000,000.00
3/29/2022
2.35 5,000,000.00
5,000,000.00 92.50
4.55 29,701.39
4,625,131.25
-374,868.75
0.49%
S&P-AA+
Moodys-Aaa
3.58 91
3130AEB74
FHLB 3.125 12/12/2025
6,375,000.00
2/1/2022
1.59 6,607,252.71
6,740,486.96 95.99
4.88 9,960.94
6,119,648.36
-487,604.35
0.65%
S&P-AA+
Moodys-Aaa
2.37 896
3130AFBD8
FHLB 3.125 7/25/2023
5,000,000.00
11/9/2018
3.17 4,999,856.02
4,990,100.00 99.86
5.07 67,274.31
4,993,033.85
-6,822.17
0.49%
S&P-AA+
Moodys-Aaa
0.07 25
3130AF4K0
FHLB 3.15 10/10/2023
6,000,000.00
11/9/2018
3.19 5,999,454.79
5,990,400.00 99.37
5.41 42,000.00
5,962,334.34
-37,120.45
0.59%
S&P-AA+
Moodys-Aaa
0.28 102
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
35 99 of 253
3130AT7E1
FHLB 3.25 9/10/2027
5,000,000.00
9/14/2022
3.46 4,960,581.20
4,953,150.00 95.63
4.40 53,715.28
4,781,688.20
-178,893.00
0.49%
S&P-AA+
Moodys-Aaa
3.91 1533
3130A0F70
FHLB 3.375 12/8/2023
5,000,000.00
12/13/2018
2.92 5,009,268.77
5,104,835.00 99.17
5.30 10,312.50
4,958,582.75
-50,686.02
0.49%
S&P-AA+
Moodys-Aaa
0.44 161
3130A0F70
FHLB 3.375 12/8/2023
5,000,000.00
8/5/2022
3.25 5,002,562.86
5,007,800.00 99.17
5.30 10,312.50
4,958,582.75
-43,980.11
0.49%
S&P-AA+
Moodys-Aaa
0.44 161
3130ASG86
FHLB 3.375 6/13/2025
3,000,000.00
8/8/2022
3.16 3,011,904.58
3,017,340.00 96.77
5.13 4,781.25
2,903,091.57
-108,813.01
0.3%
S&P-AA+
Moodys-Aaa
1.9 714
313383YJ4
FHLB 3.375 9/8/2023
5,000,000.00
9/17/2018
2.98 5,003,537.56
5,091,825.00 99.61
5.38 52,500.00
4,980,711.65
-22,825.91
0.49%
S&P-AA+
Moodys-Aaa
0.19 70
3130AVWW8
FHLB 3.42 5/10/2028
5,000,000.00
5/10/2023
3.42 5,000,000.00
5,000,000.00 96.49
4.23 23,750.00
4,824,541.80
-175,458.20
0.49%
S&P-AA+
Moodys-Aaa
4.49 1776
3130AVWV0
FHLB 3.43 4/12/2028
5,000,000.00
5/9/2023
3.43 5,000,000.00
5,000,000.00 96.50
4.25 24,295.83
4,825,067.75
-174,932.25
0.49%
S&P-AA+
Moodys-Aaa
4.42 1748
3130ASGU7
FHLB 3.5 6/11/2027
2,980,000.00
8/5/2022
2.96 3,038,739.75
3,052,141.54 96.53
4.47 5,504.72
2,876,613.94
-162,125.81
0.3%
S&P-AA+
Moodys-Aaa
3.71 1442
3130ATF28
FHLB 4 3/8/2024
5,000,000.00
9/21/2022
4.13 4,995,776.40
4,991,050.00 98.97
5.54 62,222.22
4,948,480.80
-47,295.60
0.49%
S&P-AA+
Moodys-Aaa
0.68 252
3130AWC24
FHLB 4 6/9/2028
5,000,000.00
6/22/2023
3.98 5,004,977.95
5,005,000.00 99.31
4.15 16,111.11
4,965,635.70
-39,342.25
0.49%
S&P-AA+
Moodys-Aaa
4.52 1806
3130ATUS4
FHLB 4.25 12/10/2027
5,000,000.00
12/12/2022
3.88 5,074,166.23
5,083,300.00 99.65
4.34 11,805.56
4,982,474.80
-91,691.43
0.5%
S&P-AA+
Moodys-Aaa
4.09 1624
3130ATUS4
FHLB 4.25 12/10/2027
5,000,000.00
12/23/2022
3.82 5,085,947.49
5,095,950.00 99.65
4.34 11,805.56
4,982,474.80
-103,472.69
0.5%
S&P-AA+
Moodys-Aaa
4.09 1624
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
36 100 of 253
3130ATKJ5
FHLB 4.375 3/8/2024
3,000,000.00
10/20/2022
4.62 2,995,089.74
2,990,160.00 98.97
5.91 40,833.33
2,969,144.88
-25,944.86
0.3%
S&P-AA+
Moodys-Aaa
0.68 252
3133XVDG3
FHLB 4.375 9/13/2024
5,000,000.00
9/28/2022
4.46 4,994,857.05
4,991,650.00 98.76
5.44 65,017.36
4,938,201.50
-56,655.55
0.49%
S&P-AA+
Moodys-Aaa
1.17 441
3130ATT31
FHLB 4.5 10/3/2024
5,000,000.00
11/3/2022
4.65 4,991,372.71
4,986,900.00 98.94
5.37 54,375.00
4,947,244.10
-44,128.61
0.49%
S&P-AA+
Moodys-Aaa
1.23 461
3130ATS57
FHLB 4.5 3/10/2028
5,000,000.00
3/10/2023
4.38 5,026,095.79
5,027,800.00 100.96
4.27 68,750.00
5,047,829.20
21,733.41
0.5%
S&P-AA+
Moodys-Aaa
4.23 1715
3130ATS57
FHLB 4.5 3/10/2028
5,000,000.00
3/22/2023
3.73 5,163,468.32
5,173,000.00 100.96
4.27 68,750.00
5,047,829.20
-115,639.12
0.51%
S&P-AA+
Moodys-Aaa
4.23 1715
3130AUPR9
FHLB 4.56 7/12/2024
5,000,000.00
1/30/2023
4.56 5,000,000.00
5,000,000.00 99.10
5.47 95,000.00
4,954,984.60
-45,015.40
0.49%
S&P-AA+
Moodys-Aaa
1 378
3130AUZC1
FHLB 4.625 3/14/2025
5,000,000.00
3/1/2023
4.92 4,976,470.03
4,971,900.00 99.13
5.16 85,434.03
4,956,573.00
-19,897.03
0.49%
S&P-AA+
Moodys-Aaa
1.63 623
3130AU4V3
FHLB 4.8 1/8/2024
5,000,000.00
12/8/2022
4.81 4,999,830.30
4,999,650.00 99.55
5.69 114,666.67
4,977,454.95
-22,375.35
0.49%
None
S&P-AA+
0.51 192
3130AVD41
FHLB 5.375 9/9/2024
5,000,000.00
6/14/2023
5.11 5,014,711.37
5,015,250.00 99.98
5.39 82,864.58
4,998,959.60
-15,751.77
0.5%
S&P-AA+
Moodys-Aaa
1.15 437
3130AWJG6
FHLB 5.5 12/27/2024-23
5,000,000.00
6/30/2023
5.50 5,000,000.00
5,000,000.00 99.93
5.55 0.00
4,996,392.70
-3,607.30
0.49%
S&P-AA+
Moodys-Aaa
1.45 180
3135G0K36
FNMA 2.125 4/24/2026
5,000,000.00
2/15/2022
1.87 5,034,389.73
5,051,100.00 93.49
4.62 19,479.17
4,674,259.15
-360,130.58
0.5%
S&P-AA+
Moodys-Aaa
2.74 1029
3135G0K36
FNMA 2.125 4/24/2026
5,000,000.00
3/9/2022
1.68 5,060,822.20
5,089,075.86 93.49
4.62 19,479.17
4,674,259.15
-386,563.05
0.5%
S&P-AA+
Moodys-Aaa
2.74 1029
343
2.62 41.04%
-28,199,463.33
389,278,386.79
4.81 2,060,175.13
417,665,920.46
Sub Total 09 - Federal Agencies 100% 417,305,000.00 2.11 417,477,850.12 CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
37 101 of 253
10 - Municipal - Other States 10%
010268CN8
Alabama Federal Aid 1.268 9/1/2026
3,000,000.00
2/2/2022
1.76 2,955,144.20
2,935,290.00 89.53
4.87 12,574.33
2,685,930.00
-269,214.20
0.29%
S&P-AAA
Moodys-Aa2
3.1 1159
040654XX8
Arizona State Transp Brd Hwy Revenue
2.224 7/1/202
2,235,000.00
6/12/2023
4.30 2,066,146.11
2,064,067.20 91.50
4.57 24,715.13
2,045,069.70
-21,076.41
0.2%
S&P-AA+
Moodys-Aa1
3.8 1462
196480KQ9
Colorado St Housing Auth Revenue Bond
1.218 4/1/20
1,470,000.00
8/10/2022
3.30 1,418,961.19
1,393,163.10 92.66
5.67 4,426.42
1,362,146.10
-56,815.09
0.14%
S&P-AAA
Moodys-Aaa
1.73 641
196480KR7
Colorado St Housing Auth Revenue Bond
1.318 10/1/2
1,490,000.00
8/10/2022
3.35 1,425,692.33
1,400,406.30 91.39
5.43 4,855.00
1,361,740.80
-63,951.53
0.14%
S&P-AAA
Moodys-Aaa
2.22 824
451174AA4
Idaho Energy Resources Authority 2.297
9/1/2023
1,325,000.00
5/21/2019
2.55 1,324,466.27
1,311,750.00 99.49
5.31 10,060.54
1,318,202.75
-6,263.52
0.13%
Fitch-AA
Moodys-Aa2
0.17 63
576004HD0
Massachusetts Cmnwealth Revenue Bond
3.68 7/15/202
5,000,000.00
10/17/2022
4.57 4,839,617.09
4,811,800.00 95.50
4.92 84,333.33
4,774,800.00
-64,817.09
0.48%
Fitch-AAA
Moodys-Aa1
3.72 1476
576004HD0
Massachusetts Cmnwealth Revenue Bond
3.68 7/15/202
5,000,000.00
1/25/2023
4.07 4,928,506.25
4,920,950.00 95.50
4.92 84,333.33
4,774,800.00
-153,706.25
0.49%
Fitch-AAA
Moodys-Aa1
3.72 1476
605581LJ4
Mississippi State GO Bonds 3.408 11/1/2023
1,500,000.00
11/7/2018
3.41 1,500,000.00
1,500,000.00 99.32
5.44 8,378.00
1,489,785.00
-10,215.00
0.15%
S&P-AA
Moodys-Aa2
0.34 124
64971XS25
New York City Trans Fin Auth Revenue
Bonds 3.35 2/
3,000,000.00
5/3/2023
4.06 2,911,558.79
2,908,500.00 94.16
4.78 41,595.83
2,824,680.00
-86,878.79
0.29%
None
None
4.22 7
64972HN81
New York City Trans. Revenue Bonds 3.11
7/15/2023
5,000,000.00
7/27/2018
3.18 4,999,875.96
4,985,000.00 99.93
4.80 71,270.83
4,996,350.00
-3,525.96
0.49%
S&P-AA
Moodys-Aa2
0.04 15
64990FD68
New York State Dormitory 1.538 3/15/2027
5,000,000.00
3/16/2022
2.54 4,826,576.71
4,766,250.00 88.85
4.86 22,429.17
4,442,500.00
-384,076.71
0.48%
Fitch-AA+
S&P-AA+
3.59 1354
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
38 102 of 253
64990FS88
New York State Dormitory 2.558 2/15/2027
2,465,000.00
4/20/2022
3.24 2,409,348.64
2,391,050.00 92.40
4.87 23,645.51
2,277,684.65
-131,663.99
0.24%
Fitch-AA+
Moodys-Aa1
3.44 1326
64985TBA8
New York State Urban Dev 2.25 3/15/2026
5,000,000.00
1/12/2022
1.56 5,090,165.89
5,138,850.00 92.62
5.20 32,812.50
4,631,200.00
-458,965.89
0.5%
Fitch-AA+
Moodys-Aa2
2.62 989
6500357B8
New York State Urban Dev 2.88 3/15/2024
1,500,000.00
4/24/2019
2.71 1,501,678.35
1,511,580.00 98.21
5.48 12,600.00
1,473,210.00
-28,468.35
0.15%
S&P-AA+
Moodys-Aa1
0.7 259
6500358M3
New York State Urban Dev 3.1 3/15/2024
1,255,000.00
7/3/2019
2.27 1,262,004.46
1,301,435.00 98.36
5.48 11,347.29
1,234,443.10
-27,561.36
0.12%
Fitch-AA+
Moodys-Aa1
0.7 259
650036EN2
New York State Urban Dev 3.35 3/15/2026
1,895,000.00
11/1/2022
3.35 1,895,000.00
1,895,000.00 95.60
5.11 18,515.73
1,811,582.10
-83,417.90
0.19%
Fitch-AA+
Moodys-Aa1
2.58 989
650036EP7
New York State Urban Dev 3.35 3/15/2026
1,405,000.00
11/1/2022
3.35 1,405,000.00
1,405,000.00 95.26
5.25 13,728.02
1,338,360.85
-66,639.15
0.14%
Fitch-AA+
Moodys-Aa1
2.58 989
64971XH27
NYC Transitional 2.02 2/1/2027
5,000,000.00
2/7/2022
1.98 5,006,776.26
5,009,400.00 90.64
4.90 41,802.78
4,531,950.00
-474,826.26
0.49%
S&P-AAA
Moodys-Aa1
3.44 1312
68607V4J1
Oregon St Dept of Adm Svcs Lottery
Revenue 4.142 4
3,760,000.00
5/9/2023
4.14 3,760,000.00
3,760,000.00 98.29
5.17 22,063.05
3,695,779.20
-64,220.80
0.37%
S&P-AAA
Moodys-Aa2
1.7 641
68607V4L6
Oregon State Dept of Admin Svcs Lottery
Revenue 3.
1,000,000.00
5/9/2023
4.00 1,000,000.00
1,000,000.00 97.62
4.70 5,661.00
976,180.00
-23,820.00
0.1%
S&P-AAA
Moodys-Aa2
3.5 1371
68607V4M4
Oregon State Dept of Admin Svcs Lottery
Revenue 4.
1,750,000.00
5/9/2023
4.05 1,750,000.00
1,750,000.00 97.39
4.67 10,030.71
1,704,237.50
-45,762.50
0.17%
S&P-AAA
Moodys-Aa2
4.34 1737
68607V4K8
Oregon State Dept of Admin Svcs Lottery
Revenue 4.
2,775,000.00
5/9/2023
4.04 2,775,000.00
2,775,000.00 97.70
4.94 15,874.39
2,711,147.25
-63,852.75
0.27%
S&P-AAA
Moodys-Aa2
2.62 1006
419792YR1
State of Hawaii GO Bond 0.893 8/1/2026
1,910,000.00
4/7/2022
2.95 1,796,865.89
1,751,832.90 88.90
4.81 7,059.41
1,697,970.90
-98,894.99
0.18%
S&P-AA+
Moodys-Aa2
3.04 1128
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
39 103 of 253
419792A97
State of Hawaii GO Bond 1.283 10/1/2026
1,750,000.00
4/7/2022
2.96 1,661,167.98
1,627,622.50 89.59
4.78 5,550.76
1,567,755.00
-93,412.98
0.16%
S&P-AA+
Moodys-Aa2
3.18 1189
574193GK8
State of Maryland GO Bond 2.8 8/1/2027-12
5,000,000.00
9/28/2022
4.30 4,725,551.47
4,675,000.00 93.80
4.48 57,944.44
4,690,100.00
-35,451.47
0.47%
S&P-AAA
Moodys-Aaa
3.83 1493
574193VR6
State of Maryland GO Bond 3.15 6/1/2026
5,950,000.00
6/22/2022
3.60 5,877,607.75
5,852,301.00 95.55
4.80 15,098.12
5,685,403.50
-192,204.25
0.58%
S&P-AAA
Moodys-Aaa
2.8 1067
88213AKB0
Texas A&M University 2.549 5/15/2024
1,915,000.00
5/15/2019
2.47 1,916,194.07
1,921,817.40 97.51
5.50 6,101.67
1,867,354.80
-48,839.27
0.19%
S&P-AAA
Moodys-Aaa
0.87 320
88213ABX2
Texas A&M University 2.933 5/15/2026
1,500,000.00
2/2/2022
1.70 1,551,129.56
1,576,110.00 94.75
4.91 5,499.38
1,421,250.00
-129,879.56
0.15%
S&P-AAA
Moodys-Aaa
2.77 1050
882723A74
Texas State GO Bonds 2.531 10/1/2023
3,325,000.00
10/3/2018
3.11 3,320,490.47
3,236,555.00 99.24
5.53 20,805.17
3,299,829.75
-20,660.72
0.33%
S&P-AAA
Moodys-Aaa
0.25 93
91417KN23
University of Colorado 2.649 6/1/2024
1,100,000.00
6/12/2019
2.24 1,103,902.96
1,121,032.00 97.45
5.53 2,347.31
1,071,906.00
-31,996.96
0.11%
Fitch-AA+
Moodys-Aa1
0.91 337
917567GB9
Utah State Transit Authority 1.72 12/15/2027-
21 2,885,000.00
1/5/2023
4.43 2,575,160.59
2,541,685.00 87.93
4.76 2,067.58
2,536,636.25
-38,524.34
0.25%
S&P-AA
Moodys-Aa2
4.3 1629
92778WKR6
Virginia State College Revenue Bond 0.61
9/1/2025
5,000,000.00
2/9/2021
0.53 5,008,345.35
5,017,500.00 90.83
5.13 10,081.94
4,541,250.00
-467,095.35
0.49%
S&P-AA+
Moodys-Aa1
2.15 794
957
2.63 8.93%
-3,746,699.39
86,841,235.20
4.99 709,608.67
90,255,947.40
Sub Total 10 - Municipal - Other States 92,160,000.00 3.11 90,587,934.59 10%
11- Municipal - State and Local 15%
072024XD9
Bay Area Toll Authority Revenue Bond 1.433
4/1/202
2,315,000.00
5/12/2022
3.70 2,136,303.40
2,082,342.50 88.28
4.89 8,201.34
2,043,658.85
-92,644.55
0.21%
S&P-AA
Moodys-Aa3
3.65 1371
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
40 104 of 253
13032UVC9
CA ST Health Fac Fin Authority 2.211
6/1/2025
3,000,000.00
4/4/2022
2.79 2,968,282.25
2,947,860.00 94.04
5.52 5,343.25
2,821,260.00
-147,022.25
0.29%
S&P-AAMoodys-Aa3
1.89 702
13032UC22
CA ST Health Fac Fin Authority 2.991
6/1/2025
2,000,000.00
4/7/2022
2.99 2,000,000.00
2,000,000.00 95.43
5.53 4,818.83
1,908,660.00
-91,340.00
0.2%
S&P-AAMoodys-Aa3
1.87 702
13032UC30
CA ST Health Fac Fin Authority 3.044
6/1/2026
1,500,000.00
4/7/2022
3.04 1,500,000.00
1,500,000.00 94.23
5.20 3,678.17
1,413,480.00
-86,520.00
0.15%
S&P-AAMoodys-Aa3
2.81 1067
13077DQF2
CA ST University Revenue Bond 1.361
11/1/2027-22
1,905,000.00
11/23/2022
4.52 1,673,270.85
1,641,252.75 87.13
4.68 4,249.16
1,659,769.35
-13,501.50
0.17%
S&P-AAMoodys-Aa2
4.21 1585
13063DDG0
CA State GO Bonds 2.25 10/1/2023
1,390,000.00
2/15/2019
2.79 1,388,215.94
1,357,599.10 99.18
5.49 7,731.88
1,378,657.60
-9,558.34
0.14%
S&P-AAMoodys-Aa2
0.25 93
13032UXL7
CA State Health Facs Fin Revenue Bonds
0.752 6/1/2
2,000,000.00
11/4/2020
0.75 2,000,000.00
2,000,000.00 95.54
5.80 1,211.56
1,910,860.00
-89,140.00
0.2%
S&P-AAMoodys-Aa3
0.92 337
13032UXM5
CA State Health Facs Fin Revenue Bonds
0.952 6/1/2
1,750,000.00
11/4/2020
0.95 1,750,000.00
1,750,000.00 91.80
5.51 1,342.06
1,606,430.00
-143,570.00
0.17%
S&P-AAMoodys-Aa3
1.9 702
13077DMK5
California State University Revenue Bonds
0.685 11
1,000,000.00
9/17/2020
0.69 1,000,000.00
1,000,000.00 93.93
5.46 1,122.64
939,300.00
-60,700.00
0.1%
S&P-AAMoodys-Aa2
1.33 490
088006JY8
City of Beverly Hills Revenue Bonds 0.73
6/1/2024
750,000.00
10/15/2020
0.73 750,000.00
750,000.00 95.89
5.37 441.04
719,205.00
-30,795.00
0.07%
None
S&P-AA+
0.92 337
088006JZ5
City of Beverly Hills Revenue Bonds 0.83
6/1/2025
675,000.00
10/15/2020
0.83 675,000.00
675,000.00 91.95
5.30 451.31
620,662.50
-54,337.50
0.07%
None
S&P-AA+
1.91 702
798135H51
City of San Jose GO Bonds 2.3 9/1/2023
2,000,000.00
7/25/2019
2.13 2,000,557.29
2,013,260.00 99.45
5.51 15,205.56
1,989,080.00
-11,477.29
0.2%
S&P-AA+
Moodys-Aa1
0.17 63
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
41 105 of 253
798135E88
City of San Jose GO Bonds 2.45 9/1/2025
4,410,000.00
6/15/2022
3.50 4,315,571.76
4,270,379.40 94.51
5.15 35,714.87
4,167,979.20
-147,592.56
0.43%
S&P-AA+
Moodys-Aa1
2.11 794
54438CYL0
LA Comm Coll Dist GO Bonds 1.174
8/1/2026
5,000,000.00
4/27/2022
3.11 4,722,093.26
4,616,400.00 88.79
5.15 24,295.28
4,439,600.00
-282,493.26
0.47%
S&P-AA+
Moodys-Aaa
3.02 1128
77781RCQ4
Roseville Financial Authority 0.887 2/1/2025
1,500,000.00
9/29/2020
0.78 1,502,482.49
1,506,765.00 93.26
5.38 5,506.79
1,398,885.00
-103,597.49
0.15%
S&P-AA
Fitch-AA
1.57 582
798170AF3
San Jose CA Successor Agency 2.828
8/1/2023
5,000,000.00
8/9/2018
3.10 4,998,903.41
4,937,700.00 99.78
5.30 58,523.89
4,989,150.00
-9,753.41
0.49%
S&P-AA
Fitch-AA
0.09 32
802498ZA6
Santa Monica Malibu USD 0.849 8/1/2026
1,295,000.00
3/18/2022
2.30 1,240,045.42
1,217,196.40 88.67
4.85 4,550.52
1,148,211.75
-91,833.67
0.12%
S&P-AA+
Moodys-Aa1
3.04 1128
13063DGB8
State of CA GO Bond 3.375 4/1/2025
3,200,000.00
11/3/2022
4.71 3,129,886.25
3,103,744.00 96.74
5.34 26,700.00
3,095,808.00
-34,078.25
0.31%
S&P-AAMoodys-Aa2
1.7 641
13063D2U1
State of CA GO Bond 5.25 10/1/2027
5,000,000.00
11/17/2022
4.82 5,080,407.93
5,092,050.00 101.54
4.84 64,895.83
5,077,100.00
-3,307.93
0.5%
S&P-AAMoodys-Aa2
3.82 1554
91412HGE7
University of CA Revenue Bonds 0.883
5/15/2025
5,420,000.00
2/4/2021
0.42 5,466,949.84
5,526,990.80 92.58
5.08 5,982.32
5,017,781.80
-449,168.04
0.54%
S&P-AA
Moodys-Aa2
1.86 685
91412HGF4
University of CA Revenue Bonds 1.316
5/15/2027
5,000,000.00
5/16/2022
3.53 4,609,886.44
4,496,850.00 88.66
4.54 8,225.00
4,433,150.00
-176,736.44
0.46%
S&P-AA
Moodys-Aa2
3.78 1415
91412HGF4
University of CA Revenue Bonds 1.316
5/15/2027
2,420,000.00
8/5/2022
3.37 2,243,287.27
2,202,200.00 88.66
4.54 3,980.90
2,145,644.60
-97,642.67
0.22%
S&P-AA
Moodys-Aa2
3.78 1415
91412GU94
University of CA Revenue Bonds 3.063
7/1/2025
2,640,000.00
4/8/2022
3.00 2,642,898.72
2,644,672.80 96.25
5.06 40,206.98
2,541,026.40
-101,872.32
0.26%
S&P-AA
Moodys-Aa2
1.93 732
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
42 106 of 253
91412GU94
University of CA Revenue Bonds 3.063
7/1/2025
3,160,000.00
5/5/2022
3.21 3,151,152.77
3,146,064.40 96.25
5.06 48,126.54
3,041,531.60
-109,621.17
0.31%
S&P-AA
Moodys-Aa2
1.93 732
91412HJP9
University of CA Revenues 1.372 5/15/2028-
23 2,250,000.00
6/7/2023
4.33 1,960,962.66
1,957,230.00 85.50
4.74 3,858.75
1,923,750.00
-37,212.66
0.19%
S&P-AA
Moodys-Aa2
4.71 15
814
2.29 6.42%
-2,475,516.30
62,430,641.65
5.12 384,364.47
64,435,557.15
Sub Total 11- Municipal - State and Local 66,580,000.00 2.91 64,906,157.95 15%
TOTAL PORTFOLIO 1,020,404,889.60 2.70 1,012,944,921.38
1,010,993,851.45
4.70 5,371,441.99
965,908,794.79
-47,036,126.59
100.00%
2.14 538
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 6/30/2023 Report Group: City of Glendale
Portfolio Holdings by Asset Class
City of Glendale
43 107 of 253
8c
CITY OF GLENDALE, CALIFORNIA
REPORT TO THE CITY COUNCIL
AGENDA ITEM
Report: Proposed Memorial Square to Honor Sadao S. Munemori 1) Motion approving the naming of the intersection of Broadway and Isabel Street as “Sadao Munemori Square;” and directing staff to manufacture and install two signs at the north and south legs of the intersection on existing traffic signal poles. 2) Motion providing direction to staff
COUNCIL ACTION
Item Type: Action Item
Approved for September 19, 2023 calendar
EXECUTIVE SUMMARY
In 2022, Councilmember Kassakhian requested consideration of naming the intersection of Broadway and Isabel Street as “Sadao Munemori Square” in honor of Glendale-born Sadao Munemori. Munemori was the only Japanese American soldier to be awarded the Medal of Honor during the World War II era; subsequently, 20 other Japanese American soldiers’ medals would be upgraded to the Medal of Honor in June 2000.
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COUNCIL PRIORITIES
NA
RECOMMENDATION
That Council either approve naming the intersection of Broadway and Isabel Street as "Sadao Munemori Square” or provide direction to staff.
BACKGROUND
This report contains information in response to a request by Councilmember Kassakhian to name the intersection of Broadway and Isabel Street as “Sadao Munemori Square.”
Sadao Munemori was a dedicated Army soldier that sacrificed his life in 1945 serving in World War II. The United States recognized Munemori's heroic actions to save his fellow soldiers in Seravezza, Italy, allowing his company to successfully break the Gothic Line. Munemori was posthumously awarded the Medal of Honor in 1946, making him the only Japanese American to receive the Medal of Honor during the World War II era. In total, the Medal of Honor, the country's highest military honor, has been awarded to twenty-one World War II Japanese American soldiers—all members of the 100th Infantry Battalion / 442nd Regimental Combat Team.
A second-generation Japanese American (Nisei), Munemori was born and raised in Glendale, California. Kametaro, Sadao's father, was committed to seeing his children further their education. Sadao was the fourth of five children, attended Fletcher Drive Elementary School just south of the Glendale border, and graduated from Abraham Lincoln High School in 1940. With hopes to become an auto mechanic, Munemori entered Wiggins Trade School, but with the war underway, he decided to enlist in the US Army in 1941. Following the Japanese attack on Pearl Harbor at the end of 1941, thousands of Japanese Americans, including Munemori's family, were forced to Manzanar War Relocation Center (one of the ten War Relocation Authority concentration camps) in California's Sierra Mountains.
Munemori was selected for Military Intelligence Service language school in 1942, but soon left to join the segregated Japanese American unit, the 442nd Regimental Combat Team. He visited his family for the last time in Manzanar before beginning his first combat tour in 1944. During his service, the endearing nickname “Spud” was given to him because he was reportedly the rare Nisei who preferred potatoes to rice. He successfully fought in Italy and France before returning to Italy for his final battle.
On April 5, 1945, many – including Munemori's squad leader – were injured fighting at the Gothic Line. Munemori stepped in to lead his squad and cleared the path for his company's triumphant advance. When he reached a shell crater for cover, a hand grenade bounced off his helmet and rolled toward his two fellow soldiers. Without hesitation, Munemori dove onto the grenade to smother the blast with his body. At the cost of his own life, Private First Class Munemori's act of heroism saved two of his men and aided the United States’ ultimate victory.
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To date Sadao’s legacy continues, with the following achievements bestowed:
1948: The 10,000-ton troop ship "Wilson Victory" was renamed the "Pvt. Sadao S.
Munemori."
1993: The "Sadao S. Munemori Hall" at the U.S. Army Reserve Complex in West Los Angeles was dedicated.
1993: Interchange of the 105 and 405 freeways in Los Angeles is named the “Sadao S.
Munemori Memorial Interchange, Medal of Honor—World War II" 2000: Town of Pietrasanta, Italy dedicated a statue of Munemori by sculptor Marcello Tommasi
ANALYSIS
The City of Glendale does not have an established process in place for naming intersections, nor has City Council ever directed such a naming in the past. In 2022, City Council adopted a Public Monument & Memorial Plaque Policy, which establishes the criteria and process for the placement of monuments and memorial plaques sponsored by individuals and/or groups on City property. The policy indicates that monuments dedicated to an individual could be considered for a person who has made a significant contribution to the City of Glendale and has been deceased for at least five years. The policy also established the criteria and process for the placement of memorial plaques sponsored by individuals and/or groups on benches and picnic tables in City parks. In accordance with the policy, proposed honorees must be deceased and should be recognized for some contribution to the community.
The City of Los Angeles has several squares named after individuals and groups, but they do not have a policy in place that guides this process. Councilmembers bring such requests within their districts to the City Council for their consideration and approval.
Examples of signs used by the City of Los Angeles are included as Exhibit 1. The proposed signs are attached as Exhibit 2. The proposed size of the signs is 18”x18”.
STAKEHOLDERS/OUTREACH
• Go For Broke National Education Center
• Japanese American National Museum
• Consulate-General of Japan in Los Angeles
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4 c 8
FISCAL IMPACT
The cost of the signs should not exceed $1,000. The Management Services Department’s budget can absorb this cost and therefore no new appropriation is being requested at this time. The funding is outlined below:
Existing Appropriation
Amount Account String Funding Source
$1,000 GL: 45682-1010-MSD-6504- P0000- General Fund
ENVIRONMENTAL REVIEW (CEQA/NEPA)
This matter is exempt from CEQA under Section 15301 of the State CEQA Guidelines – as it involves existing streets and signage.
CAMPAIGN DISCLOSURE
This item is exempt from campaign disclosure requirements.
ALTERNATIVES
Alternative 1: Adopt the motion to name the intersection of Broadway and Isabel Street “Sadao Munemori Square;” and direct staff to manufacture and install two signs at the north and south legs of the intersection on existing traffic signal poles.
Alternative 2: Do not adopt the motion to name the intersection of Broadway and Isabel Street “Sadao Munemori Square”.
Alternative 3: Direct staff to consider an alternate method to honor Sadao Munemori.
Alternative 4: Council may consider any other alternative not proposed by staff.
ADMINISTRATIVE ACTION
Prepared by:
Stephanie Mkhlian, Sr Administrative Analyst
Approved by:
Roubik R. Golanian, P.E., City Manager
EXHIBITS/ATTACHMENTS
Exhibit 1: City of Los Angeles Memorial Square Examples Exhibit 2: Proposed Sadao S. Munemori Memorial Square Design 111 of 253
MOTION
Moved by Council Member , seconded by Council
Member , that the Council of the City of Glendale hereby approves the naming of the intersection of Broadway and Isabel Street as “Sadao Munemori Square” and directs staff to manufacture and install two signs at the north and south legs of the intersections on existing traffic signal poles.
Vote as follows:
Ayes:
Noes:
Absent:
Abstain:
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MOTION
Moved by Council Member , seconded by Council
Member , that with respect to the Report to Council dated September 19, 2023 regarding the honoring of Sadao Munemori, the Council directs staff as follows:
Vote as follows:
Ayes:
Noes:
Absent:
Abstain:
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Exhibit 1: City of Los Angeles Memorial Square Examples 114 of 253
SADAO S. MUNEMORI
MEMORIAL SQUARE
AUGUST 1922 - APRIL 1945
THE SECOND WORLD WAR, MEDAL OF HONOR RECIPIENT
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9a
CITY OF GLENDALE, CALIFORNIA
REPORT TO THE CITY COUNCIL
AGENDA ITEM
Report: Introduction of a 10 Month and 15 Day Extension of Interim Urgency Ordinance No. 6009 Prohibiting Issuance of Entitlements and/or Permits For Establishments of New or Replacements Retail Uses Selling Firearms or Ammunition
1. Introduction of Ordinance Extending, for an Additional 10 Months and 15 Days, Interim Urgency Ordinance No. 6009 Prohibiting Issuance of Entitlements and/or Permits For Establishments of New or Replacements Retail Uses Selling Firearms or Ammunition
COUNCIL ACTION
Item Type: Public Hearing
Approved for September 19, 2023 calendar
EXECUTIVE SUMMARY
On August 15, 2023, Council adopted an interim urgency ordinance imposing a 45-day prohibition on the approval of any new entitlements related to firearms or ammunition retailers. Council previously directed staff to conduct studies related to the legal viability of placing limitations on the total number of retailers within the City, modifications to the allowable zones for firearms and ammunition retailers, and establishing distance requirements for any new retailers. The moratorium was necessary to conduct the appropriate studies and provide recommendations to the Council. A report is attached as an exhibit to this staff report detailing the actions that have been taken thus far to alleviate conditions leading to imposition of the moratorium, as required by law. The ordinance was adopted on August 15, 2023 and is set to expire on September 29, 2023 (45-day effective period), unless extended by Council following a noticed public hearing.
Such hearing was noticed for September 19, 2023; after the hearing is conducted, Council may introduce the ordinance to extend the moratorium for an additional 10 months and 15 days beyond its initial expiration. If introduced, Council must vote on whether to adopt the ordinance at the next meeting of September 26, 2023. Council may thereafter extend the moratorium for one additional year. Any extension of an interim ordinance also requires a 4/5ths vote of Council. 116 of 253
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COUNCIL PRIORITIES
N/A.
RECOMMENDATION
That the City Council introduce and subsequently adopt, on September 26, 2023, a 10 month and 15 day extension of Interim Urgency Ordinance No. 6009 related to retail uses selling firearms or ammunition, to provide staff the appropriate time to investigate and analyze the directed alternatives and provide a report to City Council.
BACKGROUND
On August 15, 2023, Council directed staff to undertake a study of various alternatives related to the number and location of firearms and ammunitions retailers within the City.
As a result of initiating the study, which may lead to amendments to the Zoning Code, an Interim Urgency Ordinance was adopted, prohibiting the issuance of new entitlements related to firearms and ammunition retailers. The interim ordinance is only effective for 45 days by law, and automatically expires on September 29, 2023.The ordinance may be extended twice after notice and public hearing – once for an additional 10 months and 15 days, and once more for an additional year.
If Council adopts the ordinance extending the moratorium for an additional 10 months and 15 days, during the extended moratorium period, staff will continue to take the necessary steps to evaluate all of the alternatives considered by Council. Staff will return to Council with a report and findings once the study is completed, for Council consideration. It is important to note that even if Council does not extend the moratorium, staff will nevertheless continue to study and evaluate potential land use limitations/amendments related to new firearms and ammunition retailers, following the list of considerations in the 10-day Report (attached as Exhibit 2 hereto), but this study will have to be considered in the context of the Department’s workplan and priority list.
ANALYSIS
Under California Government Code section 65858, a city may adopt an interim ordinance to temporarily prohibit certain land uses that may be in conflict with a contemplated general plan, specific plan, or zoning proposal that the city council is considering or intends to study within a reasonable time. The purpose of such an interim ordinance is to give the City time to maintain the status quo and prohibit the issuance of entitlements or permits that would be in conflict with new contemplated standards. The rationale for an urgency ordinance that takes immediate effect is to prevent a “rush to the counter” of applications to establish new uses before standards can be put in place.
The delay in permits allows the city to subject all new uses to the new standards.
Urgency interim ordinances under Government Code section 65858 require adoption by 4/5ths vote of the Council and expire within 45 days, unless extended in the manner described below. An urgency ordinance may only be adopted if the Council finds that there is a current and immediate threat to the public health, safety and welfare, and that the approval of additional entitlements, permits and other approvals would result in a threat to that public health, safety or welfare. On August 15, 2023, the Council 117 of 253
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adopted Interim Urgency Ordinance No. 6009, with the required findings, that imposed a 45-day moratorium on new firearms and ammunition retailers. This ordinance automatically expires on September 29, 2023, unless extended prior to that date. At least ten days prior to the expiration of the ordinance or any extension thereof (by September 19, 2023), the City must prepare and issue a written report describing the measures taken to alleviate the condition which led to the adoption of the ordinance. As required by law, this ten-day report was prepared and is attached as an exhibit to this staff report, for Council’s review, consideration and comment.
Interim Urgency Ordinance No. 6009 may be extended for a period not to exceed 10 months and 15 days following a noticed public hearing. A public hearing has been noticed for September 19, 2023, and after the hearing is conducted, Council may introduce the ordinance to extend the moratorium. If introduced, the Council must vote on whether to adopt the ordinance at the next Council meeting of September 26, 2023.
The Council may thereafter extend the moratorium for one additional year. Any extension of an interim ordinance also requires a 4/5ths vote of the Council.
STAKEHOLDERS/OUTREACH
Stakeholder and public outreach would be conducted during any studies that would impact the zoning code, and as directed by City Council at a future date.
FISCAL IMPACT
There is no fiscal impact associated with this report.
ENVIRONMENTAL REVIEW (CEQA/NEPA)
Staff have evaluated the potential environmental effects of adoption of this 10 month and 15 day extension of Interim Urgency Ordinance No. 6009 related to a moratorium on new or replacement retail uses selling firearms or ammunition within the City of Glendale within the meaning of and pursuant to CEQA, and have determined this action is exempt from further review under the California Environmental Quality Act (CEQA), pursuant to Sections 15061(b)(3) and 15308. CEQA applies only to projects which have the potential for causing a significant effect on the environment. Where it can be seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment, the activity is not subject to CEQA. Moreover, this action of extending the moratorium will prevent changes to the existing physical environment within the city, and therefore, will not result in significant environmental impacts under CEQA, which are made in comparison to existing physical conditions. Therefore, it is the City’s determination that this ordinance will not have a significant effect on the environment and is not subject to further CEQA review.
CAMPAIGN DISCLOSURE
This item is exempt from campaign disclosure requirements.
ALTERNATIVES
1. Introduce and subsequently adopt an ordinance extending, for 10 months and 15 days, a moratorium on new firearms and ammunitions retailers. 118 of 253
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2. Decline to introduce an ordinance extending, for 10 months and 15 days, a moratorium on new firearms and ammunitions retailers.
3. Choose any other alternative not proposed by staff.
ADMINISTRATIVE ACTION
Prepared by:
Bradley Calvert, Director of Community Development
Approved by:
Roubik R. Golanian, P.E., City Manager
EXHIBITS/ATTACHMENTS
1. Interim Urgency Ordinance No. 6009 Prohibiting Issuance of Entitlements and/or Permits For Establishments of New or Replacements Retail Uses Selling Firearms or Ammunition (Adopted August 15, 2023);
2. 10-Day Report on Actions Taken to Alleviate Conditions Leading to the Imposition of a Moratorium on Issuance of New Entitlements and/or Permits for Establishment of a New or Replacement Retail Use Selling Firearms or Ammunition. 119 of 253
1 ORDINANCE NO. _______
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA, EXTENDING, BY 10 MONTHS AND 15 DAYS, INTERIM URGENCY ORDINANCE NO. 6009 PROHIBITING ISSUANCE OF
ENTITLEMENTS AND/OR PERMITS FOR ESTABLISHMENT OF NEW OR
REPLACEMENT RETAIL USES SELLING FIREARMS OR AMMUNITION
AND DECLARING THE URGENCY THEREOF
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA, DOES HEREBY FIND, DETERMINE AND DECLARE AS FOLLOWS:
WHEREAS, Governments at all levels have a substantial interest in protecting the people from those who acquire guns lawfully or illegally and then use them to commit crimes resulting in injury or death of their victims, or who use them in the commission of other crimes such as robbery, sexual assault or homicide, particularly mass shootings such as those that have occurred since 2017 in Chicago, Illinois; Thousand Oaks, California; Pittsburgh, Pennsylvania; Perryman, Maryland; Bakersfield, California; Cincinnati, Ohio; Annapolis, Maryland; Santa Fe, Texas; Nashville, Tennessee; Parkland, Florida; Melcroft, Pennsylvania; Rancho Tehama, California; Sutherland Springs, Texas; Boulder, Colorado; Edgewood, Maryland; Las Vegas, Nevada; El Paso, Texas; Buffalo, New York; Uvalde, Texas, as well as the many other mass shootings over the past several years; and
WHEREAS, seven (7) retail establishments that are licensed to sell firearms and ammunition currently operate in the City of Glendale [1 per 27,480 residents], while neighboring cities of Pasadena and Los Angeles have three (3) [1 per 47,339 residents] and thirty-six (36) [1 per 110,277 residents], respectively; the City of Glendale has a much higher concentration of firearms/ammunition retailers than these two neighboring cities, second only to the City of Burbank (a city that imposed a similar firearms/ammunition retailer moratorium), that has fourteen (14) retail establishments that are licensed to sell firearms and ammunition [1 per 7,386 residents]; and
WHEREAS under the City’s current zoning regulations retail firearm stores are allowed by-right in the Commercial Districts of C2, C3, CR, and CH zone, and Mixed-Use Districts of IMU and IMU-R, and firearm retailers simply require a business registration certificate and a permit from the Chief of Police, neither of which have a mechanism to impose distancing requirements or other land use conditions related to health and safety; and
WHEREAS, many of the commercial zones where existing and future retail firearm stores are located are adjacent to residential neighborhoods and other uses that include amongst other things, schools, child day care facilities, places of public assembly including places of worship, public parks and libraries; and 120 of 253
2 WHEREAS, the City is authorized by Article XI, Section 7 of the California Constitution to make and enforce all local, police, and other ordinances and regulations not in conflict with general laws; and
WHEREAS The City Council finds and declares that it has questions and concerns about the proliferation of this type of land use in the City, adjacent to residential neighborhoods and in proximity to schools, child day care facilities and places of public assembly and seeks to analyze the current regulations and alternative regulations and administrative procedures to ensure the future locations of retail establishments that sell firearms and ammunitions do not detrimentally impact the health, safety and welfare of residential neighborhoods and other, specific uses; and WHEREAS, the City Council finds that it is necessary for the City staff to study, develop, and propose for review by the Planning Commission and adoption by the City Council regulations within a reasonable time regarding the disallowance of a land use for the retail sales of firearms and ammunition, a conditional use permit requirement for such use, and/or additional land use regulations for the use in the City of Glendale; and WHEREAS, the City Council finds that given the potential deleterious effect an otherwise lawful but unregulated business selling ammunition or firearms can have on other incompatible neighboring uses, passage of this Interim Urgency Ordinance will provide City staff sufficient time to research this issue and present a comprehensive zoning proposal to help ensure that the establishment of a retail sales use engaged in the sale of firearms or ammunition within the City will not be located as to be detrimental to the public health, safety and welfare; and
WHEREAS, the City Council finds that other California cities have adopted zoning ordinances and business regulations that govern the sales of ammunition and firearms, and several municipalities, have adopted moratoria on an urgency basis prohibiting new commercial sales of ammunition or firearms while such ordinances or regulations are studied and considered; and
WHEREAS, in the absence of a moratorium, there is no way to study and consider the appropriate location of retail establishments that sell firearms in the City, and the nature and extent of health and safety regulations that could be imposed on such businesses due to the nature of the products they sell in relation to neighboring uses, thus impairing the City’s substantial interests in economically sustainable development, health, public safety, vitality, and image of the City; and
WHEREAS, on July 28 and August 15, 2023, the City evaluated the potential environmental effects of adoption of Interim Ordinance No. 6009 temporarily barring new or replacement retail uses selling firearms or ammunition in the City of Glendale within the meaning of the California Environmental Quality Act ("CEQA"), and the Council found that the adoption of Interim Ordinance No. 6009 was consistent with classes of projects that do not have a significant effect on the environment and thereby approved a Categorical Exemption pursuant to CEQA Guidelines Section 15061(b)(3), 15307, and 121 of 253
3 15308, and certified that Interim Ordinance No. 5994 was exempt from additional environmental review, including from the preparation of an environmental impact report; and
WHEREAS, on August 15, 2023, the City Council, by a fourth-fifths vote, adopted Interim Ordinance No. 6009 imposing a 45-day moratorium on the approval of any new or replacement retail uses selling firearms or ammunition in the City; and WHEREAS, on or before September 19, 2023, the City issued a "10-day report" describing the measures taken to alleviate the conditions that led to the adoption of Interim Ordinance No. 6009 which date was at least 10 days prior to expiration of Interim Ordinance No. 6009, as required by Government Code Section 65858(d); and WHEREAS, in order to protect the public health, safety and welfare, it is now necessary for the City to undertake action to review and revise applicable provisions of the City’s Zoning Code (Title 30 of the Glendale Municipal Code) and/or other sections of the Code, in order to provide for the reexamination within a reasonable time, of development and entitlement standards and requirements for new or replacement retail uses selling firearms and ammunition; and
WHEREAS, maintaining the status quo with respect to retail uses selling firearms or ammunition in the City by assuring that no applications for such uses are accepted, processed or approved, and no permits for such uses are issued while the City conducts a study on such uses, is consistent with good planning; and WHEREAS, until the study on retail uses selling firearms or ammunition is complete, and any new regulation are adopted, there is a significant risk that some individuals or entities may make investments in and/or obtain approval for such use, that would soon thereafter be illegal, nonconforming, or subject to an amortization program; and
WHEREAS, during this process, the City will be thoroughly studying and examining the potential physical, social and environmental impacts of retail uses selling firearms or ammunition in the City, and how these impacts can be ameliorated or addressed by new regulations regarding, among other things, the location of land uses engaging in the retail sales of firearms and ammunition, a conditional use permit requirement for such use, and/or additional land use regulations for the use in the City of Glendale; and
WHEREAS, the potential exists that applications for proposed retail uses selling firearms or ammunition that are inconsistent and in conflict with any new development policies, zoning, or revised standards of property development may be filed during the term that the City is studying potential revisions to such uses; and WHEREAS, any approval of new or converted retail uses selling firearms or ammunition in the City has the potential to contravene future revised use, development and entitlement standards and requirements, while such revisions are being studied, 122 of 253
4 which will result in a threat to the health, safety and general welfare of residents in the City; and
WHEREAS, Government Code Section 65858 provides that a city council may adopt by a four-fifths vote as an urgency measure an interim ordinance prohibiting any uses or development standards that may be in conflict with a general plan or zoning measure that the city is considering or studying, or intends to study within a reasonable time, for 45 days, and may extend such moratorium following notice and public hearing for an additional 10 months and 15 days; and
WHEREAS, the moratorium and extension of Interim Ordinance No. 6009 on new or replacement retail uses selling firearms or ammunition within the City of Glendale will prevent changes to the existing physical environment within the city, and therefore, will not result in significant environmental impacts under CEQA, which are made in comparison to existing physical conditions (CEQA Guidelines Sections 15125(a) and 15126.2(a)); and
WHEREAS, notice of the date, time and place of the public hearing for this Ordinance to extend Interim Ordinance No. 6009 for 10 months and 15 days was given pursuant to Government Code Sections 65090 and 65858, by publication in Glendale Independent on September 7, 2023, and by posting and making available the written report referenced herein, which notified the public the City would be considering a 10 month and 15 day extension of the adopted Interim Ordinance No. 6009 imposing a moratorium on all new or replacement retail uses selling firearms or ammunition, together with issuance of a written report describing the measures taken to alleviate the condition which led to the adoption of Interim Ordinance No. 6099.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA, DOES HEREBY ORDAIN AS FOLLOWS:
SECTION 1. Findings.
The City Council finds, determines, and declares that:
1. The above recitals are true and correct and are incorporated herein by reference as if set forth in full.
2. The City’s Community Development Department staff have fully evaluated the potential environmental effects of adoption of this Interim Ordinance temporarily barring new or replacement retail uses selling firearms or ammunition within the City of Glendale within the meaning of and pursuant to CEQA, and the City Council finds that this action is consistent with classes of projects that do not have a significant effect on the environment and thereby approves a Categorical Exemption pursuant to CEQA Guidelines Sections 15061(b)(3) and 15308, and certifies that this Interim Ordinance is exempt from the requirement of further environmental review or the preparation of an environmental document.
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5 3. The City has an overriding interest in planning and regulating land uses and other projects within the City. Implicit in any plan or regulation is the City’s interest in maintaining the quality of urban life and the character of the City’s neighborhoods, as well as maintaining compatibility of uses with surrounding land uses, and promoting economically sustainable development, community health, and perceptions of safety and public image.
4. Without stable, well-planned neighborhoods, areas of the City can quickly deteriorate, with negative consequences to social, environmental, and economic values.
5. The City has adopted a General Plan and various specific plans, to ensure a well-planned and safe community.
6. The City does not have adequate regulations concerning the land use or licensing requirements for the retail sale of firearms and ammunition, allowing this use as a permitted use in several zones, without consideration of location and/or proximity to other affected land uses or other conditions, and subject only to a business registration certificate and a revokable permit for the Retail Sales of Concealable Weapons.
7. Maintaining the status quo zoning regulations has the potential to result in the further proliferation of new or replacement retail uses that sell firearms or ammunition without the proper analysis of any potential impacts to public health, safety, and welfare.
By studying and analyzing our local land use regulations for the retail sale of firearms and ammunition during the moratorium, the City will be able to best tailor future regulations to the needs of our community in order to protect public health, safety, and welfare.
8. The current regulations, have the potential to result in new or replacement gun or ammunition retail stores that can displace other neighborhood-serving retail and service commercial uses from tenant spaces and therefore create a threat to critical commercial corridors and the City’s effort to preserve aesthetically inviting storefronts and pedestrian- friendly retail, restaurants and offices in such spaces, which have historically been the lifeblood of the community and a beacon to visitors.
9. In Suter v. City of Lafayette, 57 Cal. App. 4th 1109 (1997), the California Court of Appeal held that State law authorizes local governments to impose additional licensing requirements on firearms and ammunition dealers.
10. This moratorium is necessary to prevent irreversible issuance of permits, business licenses, and developments that could have a detrimental effect on the health, safety and welfare of the community. Without it, the potential exists that establishment of new or replacement commercial operations engaged in the retail sale of firearms or ammunition within the City without addressing appropriate regulation could result in incompatibility of land uses and adverse impacts on residents, businesses and neighborhoods that present a current and immediate threat to the public health, safety, and welfare.
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6 SECTION 2. Moratorium.
1. There is hereby imposed a 10 month and 15 day extension of Interim Ordinance No. 6009, imposing a moratorium that prohibits the establishment of new or replacement stores, shops, establishments or other locations throughout the City that engage in “Firearms, weapon sales”, as defined in Glendale Municipal Code section
30.70.070 [“’Firearms, weapon sales’ means the retail sales of guns, ammunition, and related products and accessories.“] (hereinafter, “New or Replacement Gun Store Project”). For purposes of this moratorium the following definitions apply:
a. “Firearm” shall mean any pistol, revolver, rifle, shotgun or other device, designed to be used as a weapon, from which a projectile is expelled through a barrel by the force of an explosion or other form of combustion, or any device which is capable of being altered so as to expel a projectile in such manner.
b. “Ammunition” shall mean any projectile designed to be expelled through the barrel of a firearm by the force of an explosion or other form of combustion.
2. Any application(s) for approval(s) of a New or Replacement Gun Store Project which has been accepted as complete may continue to be processed and reviewed, but shall not be finally approved during the pendency of this moratorium or any extensions thereof.
3. Said moratorium shall not apply to any New or Replacement Gun Store Project that has received all land use entitlements prior to the effective date of this Ordinance, and shall not apply to any subsequent approvals or project modifications to a project previously approved by the City.
4. It is the intent of the City Council that any proposal for a New or Replacement Gun Store Project in the City during the period of the moratorium shall be considered inconsistent with this Ordinance and with the City’s land use policies and zoning regulations for all purposes, and by all agencies charged with reviewing any application for such use except as specifically exempted in Section 3 above.
5. City staff is directed to undertake a comprehensive study, as described above, and recommend new or amended policies, Zoning Code amendments, and/or other Code amendments with respect to uses and development of new or replacement retail uses selling firearms or ammunition for consideration by the City Council.
6. Violations of this interim moratorium may be charged as a misdemeanor as set forth in Glendale Municipal Code Section 1.20.010, may be the subject of administrative code enforcement remedies as set forth in Chapter 1.24 of the Glendale Municipal Code, or may be deemed a public nuisance and may be enforced by an action 125 of 253
7 for injunction or civil penalties as provided in the Glendale Municipal Code, or by any other remedy authorized by law.
7. The Glendale City Manager is hereby authorized to direct all City Departments, including the Community Development Department, the Police Department, and City Attorney, to facilitate compliance with the purpose and intent of this Interim Ordinance using the enforcement powers described in the preceding paragraph.
SECTION 3. Urgency.
By the City Council’s making the findings and determinations of fact which the Council declares to constitute an urgency for the immediate preservation of the public health, safety or welfare, the City Council hereby declares that this Ordinance is an urgency measure pursuant to City of Glendale Charter Article 6, Section 7 and Government Code Section 65858, which becomes effective immediately upon adoption by an affirmative vote of at least four-fifths (4/5ths) of the members of the City Council.
SECTION 4. Severability.
This Ordinance’s provisions are severable. If any portion of this Ordinance or its application to any person or circumstance is held invalid or unconstitutional, that decision does not affect the validity of the Ordinance’s remaining portions and the Ordinance’s application to other persons and circumstances. The City Council declares that it would have passed the remainder of this Ordinance without the invalid or unconstitutional provision.
SECTION 5. Adoption and Incorporation.
The findings and information contained in the City Council staff report dated July 25, 2023, August 15, 2023, and September 19 and 26, 2023, are hereby adopted and incorporated by reference as though fully set forth herein.
SECTION 6. Effectiveness.
This Ordinance shall go into effect upon the expiration of Interim Ordinance No. 6009 and shall be of no further force and effect 10 months and 15 days from the expiration date of Interim Ordinance No. 6009, unless timely extended by further action of the City Council.
SECTION 7. Certification.
The City Clerk shall certify this Ordinance’s adoption and cause the Ordinance to be published in a manner consistent with the requirements of applicable state and local law.
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8 Adopted by the Council of the City of Glendale on the ____ day of ________, 2023. ___________________________________
Mayor
ATTEST:
_____________________________
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS.
CITY OF GLENDALE )
I, SUZIE ABAJIAN, Ph.D., City Clerk of the City of Glendale, certify that the foregoing Urgency Ordinance No. _________ was adopted by a 4/5ths vote of the Council of the City of Glendale, California, at a regular meeting held on the _____ day of _________________, 2023, and that the same was adopted by the following vote:
Ayes:
Noes:
Absent:
Abstain:
___________________________________
City Clerk
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Report on Actions Taken to Alleviate Conditions Leading to the Imposition of a Moratorium on Issuance of New Entitlements and/or Permits for Establishment of a New or Replacement Retail Use Selling Firearms or Ammunition.
On August 15, 2023, the City of Glendale enacted a moratorium prohibiting new entitlements related to retail uses that sell firearms or ammunition by Interim Urgency Ordinance No. 6009.
The moratorium was enacted for an initial period of 45 days and the City Council will consider an action to extend the moratorium for up to 10 months and 15 days at a duly noticed Public Hearing on September 19, 2023 (introduction of ordinance), with adoption to be scheduled subsequently on September 26, 2023.
This report provides all interested parties information on actions taken by the City of Glendale to alleviate the conditions leading to the imposition of the moratorium. Pursuant to law, this report is being made available at least 10 days prior to the City taking action on extending the moratorium.
1. Staff was asked to consider a number of alternatives related to the issuance of new entitlements for firearms or ammunition retailers. Staff has analyzed these considerations, which will define the work plan during the moratorium. Staff will continue research regarding the following topics:
a. Legal Impacts. Staff will need additional time to understand the legality of the subsequent areas of focus during this research. Each alternative will need to be examined for potential consequences related to the Second Amendment or other laws and regulations that may precede these considerations. b. Limitations on the Number of Firearms and Ammunition Retailers. There are currently no limitations on the number of firearms or ammunition retailers in the city, rather it is limited based on the allowed zones. Staff will need to continue to investigate the viability of limiting the total number of entitlements, and if applicable, what the appropriate number would be.
c. Conditional Use Permit. Staff will study the potential for firearms and ammunition retailers to be required to obtain a conditional use permit. A conditional use permit will require that specific findings be made regarding the compatibility of the retail use within the surrounding context and may be required that specific conditions be met to ensure compatibility. Staff will analyze the impacts of requiring a conditional use permit, including potential special conditions that could be required.
d. Modifying the Zoning Use Code. Staff will analyze the appropriateness of where firearm and ammunition retailers are located, and in which zones the use is allowed. This will consider the surrounding context, and whether certain zones that currently allow retailers will continue to allow for the use. The study will identify whether the use is necessary in the current allowable zones and present the impacts of modifying any of those zones to continue to allow for the use. e. Distance Requirements. Staff will analyze if there should be requirements to ensure that firearms and ammunition retailers are an appropriate distance from 135 of 253
sensitive uses such as schools, churches, parks and other civic, public, and recreational uses. Any distance consideration would likely be part of an analysis for modifying the zoning code or conditional use permit.
During the period of the extended moratorium, stall will return to Council with updates on each of the potential alternatives, as well as a recommendation for future action. 136 of 253
9b
CITY OF GLENDALE, CALIFORNIA
REPORT TO THE CITY COUNCIL
AGENDA ITEM
Report: 1012 Crestview Avenue: Consideration of Glendale Register Nomination and Request for a Mills Act Historic Property Contract.
1. Resolution to designate the residential property at 1012 Crestview Avenue as a historic resource in the Glendale Register of Historic Resources, as the Mahoney House, and authorizing the City Manager to enter into a Mills Act Historical Property Contract with the property owner;
2. Motion to deny the request of the property owner to designate the residential property at 1012 Crestview Avenue as a historic resource in the Glendale Register of Historic Resources.
COUNCIL ACTION
Item Type: Public Hearing
Approved for September 19, 2023 calendar
EXECUTIVE SUMMARY
The owner of 1012 Crestview Avenue requests that the City Council designate/list the property in the Glendale Register of Historic Resources and authorize a Mills Act historical property contract. The house was designed in 1932 and is an excellent and highly intact example of a modestly scaled Spanish Colonial Revival-style residence within the city.
On October 20, 2022, the Historic Preservation Commission (HPC) reviewed the nomination and voted 5-0 to recommend to the City Council that the property at 1012 Crestview Avenue be listed in the Glendale Register of Historic Resources as the “Mahoney House,” and that the City Manager be authorized to enter into a Mills Act historic property contract with the property owner under Section 15.20.070A of the Glendale Municipal Code.
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COUNCIL PRIORITIES
N/A.
RECOMMENDATION
That City Council authorize listing of the property in the Glendale Register of Historic Resources and authorize the City Manager to enter into a Mills Act historic property contract, with the conditions recommended by HPC, between the City and the property owner under Section 15.20.070A of the Glendale Municipal Code.
BACKGROUND
Historical Background
1012 Crestview Avenue is a one-story, single-family residence constructed in 1932 and is an excellent and highly intact example of a modestly scaled Spanish Colonial Revivalstyle residence within the city. It was designed and built by local builder Bernard Lindberg. According to the nomination, Lindberg was from Sweden and moved from the Midwest to California in the 1920s, where he worked as a self-employed builder. No additional information was found on his life or career. The property is a contributor in the North Cumberland Heights Historic District.
The house was originally built for Clarence Mahoney as a “private bungalow and garage.” Mahoney was a physical education teacher at John H. Francis Polytechnic High School in Los Angeles and lived at the property with his wife Amanda and four children from 1932 to1956, moving to a new home shortly before his death in 1958. The second owner of the property was Reverend Karl Kniseley and his wife Margret.
Reverend Kniseley was the pastor of the First Lutheran Church of Glendale, retiring in 1979. He was active in civic life in the city and was named “Patriot of the Year” by the Glendale Chamber of Commerce in 1993. Neither Mahoney nor Kniseley appears to have made significant contributions to local, state, or national history and the property does not appear eligible under Criterion 2. The current owner purchased the property in 2000. Additionally, no information provided in the application or through staff research suggests that the property is identified with important events in national, state, or city history, or that it exemplifies significant contributions to the broad cultural, political, economic, social, tribal, or historic heritage of the nation, state, or city. It therefore does not appear eligible under Criterion 1.
Based on the information in the nomination, attached to this report as Exhibit 1 and incorporated by reference, staff believes the property is eligible for listing in the Glendale Register under Criterion 3 as detailed in the “Findings of Eligibility” section below. Staff recommends the house be listed as the “Mahoney House” after its original owners.
Architectural Description
The residence is located on a rectangular lot on the southside of Crestview Avenue.
Crestview Avenue is a short, tree lined street which spans two blocks between Grandview Avenue to the west and W. Mountain Street to the east. The building has an irregular footprint, is clad in stucco, and has a low-pitched cross-gabled roof clad in red138 of 253 3 b 9
clay tiles which have a ridged texture. The house has a mixture of mostly original windows with some restored windows in the courtyard and along the west façade.
The primary façade is asymmetrical with an attached garage to the west. The common areas of the house are arranged around an entry court that is walled off from the street, giving the front façade a very private, almost defensive, quality. Only one window faces the street - a large rectangular picture window with a quoined cast stone surround to the east. A short decorative iron grille spans the bottom of the window. A wood entry gate leads to the courtyard and is set into an arched opening with a stucco surround that has an interesting step-down profile at one side. The opening also features stucco “capitals” at each side that give the illusion of flanking columns. The gate is paneled and features medallion details on each panel and an arched opening at the top filled with decorative wood spindles. An elaborate iron sconce flanks the gate to the west. A concrete walkway with a reticulated scoring pattern leads from the driveway to the front gate.
Two small rectangular apertures open onto the entry court and help break up the otherwise solid front façade while their diamond-lattice stucco grilles further establish the façade’s private quality. The large deodar cedar tree in the front yard was identified by HPC as a character-defining feature of the property.
The attached garage has a multi-paneled wood swing-up door with medallion details that echo those at the entry gate. The garage door is a replica of the original which had deteriorated beyond repair. There is also a rear garage door, matching the original, that was added by Reverend Kniseley to accommodate storage of his boat. The roofs on both the house and garage were recently restored with original tiles that were salvaged and reinstalled and matching tiles used to replace damaged ones. There is a slight bow in the ridge of the garage roof, which could be a sign of a structural issue involving the ridge beam.
At the entry court, arcades with arched openings span the north and east walls, shielding the walkways leading to the attached garage and the primary entrance. The concrete walkway from the entrance gate to the primary entrance is raised, with steps leading down to the central uncovered concrete patio with a reticulated scoring pattern that matches the pattern of the front walkway. The concrete patio was recently redone to match the original due to damage from tree roots. Within the courtyard, there are wood multi-pane, recessed casement windows with wood sills. The entrance door features vertical wood boards with an original iron-scrolled speakeasy door, hardware, and knocker.
A metal gate between the southeast corner of the garage and northwest corner of the house, added by the current owner to enclose the courtyard completely, allows access to the west side patio. The side patio, located behind the garage, is split into two levels by concrete steps and a low metal gate. A low stucco wall runs along the far west side and brick and stucco planter boxes were added by the current owner. The reticulated scoring pattern found on the front walkway and in the courtyard continues through to this patio as well. An elevated stoop and side door are generally centered on the façade with north facing steps and solid stucco wall enclosure on the west and south sides.
Wood casement windows are located along the façade as well as a fixed window with a slightly projecting stucco surround with red clay tile along the top. This window is a 139 of 253
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restoration of the original which was replaced with an inappropriate jalousie window added during the second ownership.
There is a flat patio cover supported by wood posts with exposed beams below and a zig-zag fascia edge detail that spans the entire rear façade. The current owner recently replaced this feature as a replica of the original. The patio, originally concrete slab, is clad in terracotta tile, appropriate to the style of the house. Wide, single-pane French doors are located at the center of the façade with large flanking single-pane side lights.
These doors, though simple and appropriate in style, are not original and replaced nonoriginal, inappropriate sliding doors added during the second ownership. The large yard is enclosed on the west, south, and east sides by an original low brick wall with additional height added for safety with cinderblock and wood fencing. The east façade closely abuts the adjacent property with a narrow concrete walkway, wood casement and hung windows, and an end wall chimney far to the north. The façade is enclosed at the front with a vertical wood slat fence.
Notable character-defining features of 1012 Crestview Avenue include:
• Irregular footprint;
• One-story massing;
• Asymmetrical primary façade;
• Stucco cladding;
• Low-pitched gable roof with red clay tiles with ridged texture; • Attached garage with multi-panel wood door and medallion detail on the north and south facades;
• Large rectangular picture window with cast stone quoining surround and iron window grill;
• Arched wood entrance gate with panels, medallion detail, and spindles; • Iron sconce on primary façade;
• Arched entrance portal to entry court with a stucco surround; • Stucco capitals flanking the entrance gate and a stepped wall to the west; • Diamond-lattice stucco grilles at two small rectangular openings along the primary façade wall enclosing the entry court;
• Concrete walkways, patios, and courtyard with reticulated scoring pattern; • Interior courtyard with arcaded walkways;
• Vertical planked entrance door with iron speakeasy, hardware, and knocker; • Rear patio cover with wood posts and zig-zag fascia board; • Mature deodar cedar tree in front yard.
Alterations and Integrity
The residence at 1012 Crestview Avenue retains a high degree of integrity with minimal alterations occurring since original construction. In 1988, a permit was issued to repair the chimney from the roofline up due to earthquake damage. It also appears that the chimney was painted at some point and the paint was later removed. According to the current owner, minor stucco repair has taken place in various locations with a compatible stucco finish. The house was also re-roofed with faux wood shingles prior to 140 of 253
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the current ownership which mimic the wood shingles called out on the original permit.
A rear door which allows access to the kitchen was replaced at an unknown date with a more contemporary style door, but it is minimal in design and compatible in style. The gravel walkway at the front of property was also added by the current owner. Oddly enough, the original building permit does not include the construction of an attached garage and the plot plan associated with the original permit shows the footprint of the house only. The chimney permit from 1988 also does not include the garage as part of the footprint of the property. Based on this information, it is possible that the garage was added later, though its design and materials also lend to the possibility it was constructed at the same time as the residence. Due to a slight gap between the garage door and wall, there is some minor wood rot at the foundation of the garage along the perimeter that should be repaired. None of the listed minimal alterations deter from the building’s integrity of materials, design, or workmanship. The building’s integrity of location, feeling, and setting have also been maintained as it has not been moved, is still located within a single-family neighborhood, and its surroundings retain a sense of small-scale development.
HPC and staff therefore recommend the following Mills Act conditions:
1. Repair iron window grill in front of front fixed window on primary façade.
2. Repair slight deterioration of cast stone quoining surround.
ANALYSIS
Finding of Eligibility
After reviewing the nomination submitted by the owner and its supporting documentation, as well as visiting the site, HPC found that the property appears to meet Criterion 3 of the eligibility criteria for listing in the Glendale Register of Historic Resources, as follows:
Architectural Significance [Criterion 3]
To meet Criterion 3, a property must “embody the distinctive and exemplary characteristics of an architectural style, architectural type, period, or method of construction; or represent a notable work of a master designer, builder or architect whose genius influenced his or her profession; or possess high artistic values; and retain integrity.”
1012 Crestview Avenue is an excellent and thoughtfully detailed example of a modest Tudor Revival-style residence within the city. The building is an interesting example of Period Revival architecture scaled down to a reduced size incorporating many character-defining features of the style on only 1,153-sqaure feet. Much of the area surrounding the subject property was developed in the 1930s and 1940s with many houses in the Minimal Traditional style. The intricate detail of the property makes it a contrasting property even among the handful of Period Revival residences nearby.
Character-defining features such as the flared eaves, exposed rafter tails, prominent front facing gable with low sloping eaves, striking leaded glass windows, bay windows with brick detailing, stepped-shoulder brick chimney, and long list of interior details makes this property an exceptional example of Tudor Revival-style residential on a 141 of 253
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smaller scale. In addition, the property retains integrity of location, design, setting, materials, workmanship, and feeling with very little alterations occurring since construction. Therefore, the subject property is eligible for listing in the Glendale Register under Criterion 3.
Staff recommends that City Council consider HPC’s recommendation and find the property eligible for designation as a historic resource in the Glendale Register under Criterion 3 and authorize the City Manager to enter into a Mills Act contract, with the recommended conditions, between the City and the property owner.
STAKEHOLDERS/OUTREACH
There are no stakeholders other than the property owner.
FISCAL IMPACT
Listing historic properties in the Glendale Register has no fiscal impact. However, future property tax savings to private owners of listed historic properties under Mills Act contracts will slightly reduce City property tax revenues from the general County tax levy received from each Mills Act property.
ENVIRONMENTAL REVIEW (CEQA/NEPA)
The project is exempt from CEQA as a Class 8 “Actions by Regulatory Agencies for Protection of the Environment” exemption and a Class 31 “Historical Resource Restoration/Rehabilitation” exemption pursuant to Sections 15308 and 15331 of the State CEQA Guidelines because it involves the designation and protection/preservation of a historic resource.
CAMPAIGN DISCLOSURE
The names and business addresses of the members of the board of directors, the chairperson, CEO, COO, CFO, Subcontractors and any person or entity with more than 10% interest in the company proposed for contract in this Agenda Item Report are attached in Exhibit 4, in accordance with the City Campaign Finance Ordinance No. 5744.
ALTERNATIVES
Alternative 1: Designate/list 1012 Crestview Avenue as a historic resource in the Glendale Register of Historic Resources, finding that the property meets designation Criterion 3, and authorize the City Manager to enter into a Mills Act contract, with conditions, between the City and the property owner.
Alternative 2: Reject designation/listing of 1012 Crestview Avenue in the Glendale Register of Historic Resources, finding that the property does not meet Criterion 3 or any other criteria.
Alternative 3: Any other alternative not proposed by staff. 142 of 253
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ADMINISTRATIVE ACTION
Prepared by:
Kasey Conley, Planner
Reviewed by:
Jay Platt, Principal Planner
Approved by:
Roubik R. Golanian, P.E., City Manager
EXHIBITS/ATTACHMENTS
Exhibit 1: Glendale Register Nomination
Exhibit 2: Photographs
Exhibit 3: Mills Act Application
Exhibit 4: Campaign Disclosure
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1 RESOLUTION NO. _____________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GLENDALE, CALIFORNIA, TO DESIGNATE THE RESIDENTIAL
PROPERTY LOCATED AT 1012 CRESTVIEW AVENUE AS A
HISTORIC RESOURCE ON THE GLENDALE REGISTER OF
HISTORIC RESOURCES AND AUTHORIZING THE CITY MANAGER
TO ENTER INTO A MILLS ACT HISTORICAL PROPERTY
CONTRACT
WHEREAS, the owner of record of the residential property located at 1012 Crestview Avenue (the “Property”) has consented to, and requests that the Property be designated as a historic resource on the Glendale Register of Historic Resources pursuant to the provisions of Section 15.20.060 of the Glendale Municipal Code; and WHEREAS, the Historic Preservation Commission, at a regularly scheduled meeting on October 20, 2022, unanimously recommended designation of the Property for listing on the Glendale Register of Historic Resources; and WHEREAS, the City Council has conducted a duly noticed public hearing pursuant to the provisions of Section 15.20.060 of the Glendale Municipal Code; and WHEREAS, the City Council of the City of Glendale, pursuant to Sections
15.20.050 and 15.20.060, finds based on information in the record that the Property, to be known as the Mahoney House, is eligible for listing on the Glendale Register of Historic Resources because it qualifies under Criterion 3 (embodies the distinctive and exemplary characteristics of an architectural style, architectural type, period, or method of construction; or represents a notable work of a master designer, builder or architect whose genius influenced his or her profession; or possesses high artistic values, and retains historic integrity) in that, the Property is an excellent and thoughtfully detailed example of a modest Tudor Revival-style residence within the city; the building is an interesting example of Period Revival architecture scaled down to a reduced size incorporating many characterdefining features of the style on only 1,153-sqaure feet; much of the area surrounding the subject Property was developed in the 1930s and 1940s with many houses in the Minimal Traditional style; the intricate detail of the Property makes it a contrasting Property even among the handful of Period Revival residences nearby; character-defining features such as the flared eaves, exposed rafter tails, prominent front facing gable with low sloping eaves, striking leaded glass windows, bay windows with brick detailing, stepped-shoulder brick chimney, and long list of interior details makes the Property an exceptional example of Tudor Revival-style residential on a smaller scale; and the Property retains integrity of location, design, setting, materials, workmanship, and feeling with very little alterations occurring since construction, as further described in the September 19, 2023 Staff Report regarding the Property; and
WHEREAS, the City Council of the City of Glendale further finds that because the Property qualifies for listing on the Glendale Register of Historic Resources that 144 of 253
2 entering into a Mills Act contract with the Property owner is appropriate based on all of the information in the record.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE AS FOLLOWS:
Section 1. The recitals above are incorporated herein by this reference.
Section 2. That the property located at 1012 Crestview Avenue is to be designated as a historic resource in the Glendale Register of Historic Resources.
Section 3. That the City Manager is authorized to enter into a Mills Act historical property contract with the Property owner subject to the following conditions:
1. Repair iron window grill in front of front fixed window on primary façade.
2. Repair slight deterioration of cast stone quoining surround.
Section 4. That the designation of the Property as a Historic Resource for listing on the Glendale Register of Historic Resources and entering into a Mills Act contract with the Property owner is exempt from the provisions of the California Environmental Quality Act (CEQA) pursuant to Title 14 CCR Sections 15331 (preservation of historic resources) and 15308 (actions by regulatory agencies for protection of the environment).
Adopted this _______ day of __________________________, 2023. ______________________________
Mayor
ATTEST:
___________________________
City Clerk
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3 STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF GLENDALE )
I, SUZIE ABAJIAN, Ph.D., Clerk of the City of Glendale, certify that the foregoing Resolution was adopted by the Council of the City of Glendale, California, at a regular meeting held on the ______day of _________, 2023, and that same was adopted by the following vote:
Ayes:
Noes:
Absent:
Abstain:
_________________________
City Clerk
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MOTION
Moved by Council Member ____________________________, seconded by Council Member ____________________________, that upon review and consideration of all documents, materials and exhibits relative to the request of the owner of record of the residential property located at 1012 Crestview Avenue (the “Property”) to list the Property on the Glendale Register of Historic Resources, and after having conducted a public hearing on said request and receiving testimony, the City Council of the City of Glendale, California, based upon all of the evidence in the record, hereby denies the request of the owner of record of the Property to list the Property on the Glendale Register of Historic Resources pursuant to the provisions of Section
15.20.060 of the Glendale Municipal Code and denies the request of the owner of record of the Property to authorize the City Manager to enter into a Mills Act historical property contract with the Property owner. This denial is based on the Council’s determination, pursuant to Glendale Municipal Code Sections 15.20.050 and 15.20.060, that, based on information in the record, the Property is not eligible for listing on the Glendale Register of Historic Resources because it does not meet any of the criteria enumerated in Glendale Municipal Code Section 15.20.050.
Vote as Follows:
Ayes:
Noes:
Absent:
Abstain
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IDENTIFICATION
1. HISTORIC NAME OF PROPOSED RESOURCE (if any) Mahoney House
2. STREET ADDRESS (include all addresses associated with the property) 1012 Crestview Ave. Glendale CA ZIP CODE 91202
3. ASSESSOR’S PARCEL NO(s) 5630 005 011 15 000
4. COMPLETE LEGAL DESCRIPTION (attach legal description): TRACT 8381 BLOCK LOT(s) 4
5. OWNER(s) Shaye Harber
ADDRESS (if different from above) CITY STATE ZIPCODE
PHONE 818 244-5511 (home) 818 441-4862 (cell) EMAIL [email protected]
6. PRESENT USE Residential ORIGINAL USE Residential
PROPERTY DESCRIPTION
Describe as much as possible about the history of the structure. It is required that copies of any articles, information, or other supplementary documentation to support this application be attached.
7. ARCHITECTURAL STYLE, INCUDING ARCHITECTURAL DETAILS AND CHARACTER DEFINING FEATURES. Attach additional pages if necessary. (For residential use, please see the Glendale Design Guidelines for Adopted Historic Districts, “Sources of Information”)
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Exterior Features
This classic Spanish Colonial Revival home is located in the heart of the North Cumberland Heights Historic District, a neighborhood that emerged during Glendale’s building boom of the 1920s.
Mahoney House is a contributor to the District and retains many of the original architectural features. • The asymmetrical north-facing medium dash stucco façade has a low-pitched, cross-gable Mexican red clay tiles roof with boxed eaves and cornice detail. • The front-gables living room picture window is emphasized with a rusticated stone surround and decorative iron railing.
• To the right is a stepped entry portal, an arched wooden gate with an arched row of turned spindles above four molded panels and centered medallions leading to an interior courtyard.
Two embrasures with insert diamond-pattern plaster grills form openings in the front wall.
Behind which, an arcade connects the garage to the house. • The wood two-car garage door echoes the courtyard with its six-over-six molded panels and medallion details. A 90-foot Deodar pine tree shades the front yard and plantings. • Paneled garage door with raised center medallions echo those seen on front gate.
Courtyard
• Flanking one side of the paved courtyard, an arcaded walk with dual parabolic arches lead to the solid, vertical plank front door, embellished with a decorative scrolled, grated speakeasy and original hardware iron and knocker.
• Garage and side-gabled living room display exposed eaves and snub-nose rafter tails.
Foyer
• Octagonal foyer with Spanish Rope plaster molding below heavy hand trawled plaster ceiling. • Coat closet boasts exceptional etched mirror with floral swag and three tassel detail- unusual to see in a public space.
• Coat closet door, as with all the original doors throughout home, has curved millwork casing. • Unusual ornamental iron and brass gate with scroll work and botanical elements separates foyer from private family rooms of house.
• Magnesite floor- appears pained not stained.
• The coved ceilings found throughout the house are echoed in the arched wall openings off the foyer.
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Living Room (Step Down)
The step-down living room contains several characters defining features typical of Spanish Colonial Revival.
• Plastered box beams and high 12’ ceilings.
• Large picture mahogany window dominates the north wall. • Central fireplace with arched alcove above mantel.
• Decorative tile surround portrait time set in keystone position and botanical pentagonal corner tiles.
• Markoff Mosaic Tile Corporation manufactures this surround- even for expert tile historians, it is unusual to see these fireplaces. The tile surround depicts a Roman helmeted soldier in profile. • Stained glass windows are an addition by current owner who intentionally echoed the stylized tulip element from the original sconces next to mahogany windows. • Ornate metal heating grates are set into the walls in all rooms. • Five dramatic each 2-feet long double original sconces with mica shades cast a warm golden light.
• Wood divided-light French mahogany windows open to courtyard. • Oak and groove peg floors.
Throughout the House
• Original glass door handles
• Original heart of oak floors
Hallway
• Built-in linen cupboard with hand painted, recessed detail and central medallion, echoes garage. • Original telephone table on left with intact mahogany telephone cabinet. • All public facing door surfaces are delicately hand painted, while reverse is solid – saves on costs while impressing guests.
Dining Room
• Step cove ceiling
• Skip trowel textured plaster walls
• Period appropriate art deco polychrome cast iron chandelier with peach glass slip shades. • Eight-paned swinging door to kitchen.
• Two divided light casement mahogany windows flank the picture window facing the courtyard.
Kitchen and Breakfast Room
• Extensive remodel in 1969. Current owner undertook a more sensitive restoration in 2020. • Lovely ziggurat ceiling of the breakfast room was revealed in restoration of 2020. • Built in curio cabinets in breakfast room are original to the home. 151 of 253
Bathrooms
Master Bathroom
• Original mauve, mint green, black and white tile – floor is reimagined based on design of sink counter.
• Original mauve tub, sink and toilet sit under tiled arches • Original porcelain and wood towels holders, soap dish and toothbrush holder. • Original built-in vanity, again with center medallion seen on other elements throughout house – Typical motif in this style of architecture of the period. • Built-in matchstick disposal and ashtray next to toilet. • Marbled glass windows added by current owner for privacy.
Bathroom 2
• Pristine cinnamon colored tile with diamond shaped and cream liner tiles. • Original built-in casework (cupboard and shelving) – same recessed detailing and medallion as seen on other elements throughout house.
• Built-in medicine cabinet.
• Porcelain and wood towel holders, soap and toothbrush holder. • Stained glass window added by current owner for privacy.
Bedrooms, Office, Sunroom
Master Bedroom
• Generous room size with connecting door to bathroom.
• Built-in dresser drawers in closet – small window provides ventilation.
Guest Bedroom
• Larger room size with original sconces.
• Built-in shelves in closet – Small window for ventilation.
Office
• Unusual placement and number of windows – typical Spanish style construction would limit the number of South facing windows to assist with natural cooling. • Glass doorknobs – as seen throughout the house. Original wall sconces.
Sunroom
• While permit records do not demonstrate an alteration to this room, the unusual fenestration hints at a change or time. Again, windows are often sited on a building in ways that allow for the best capture of cross breezes while avoiding the direct rays of the sun when possible. Here two walls of windows face south and southwest.
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8. YEAR BUILT: 1932 SOURCE OF INFORMATION: City Plans
9. ORIGINAL ARCHITECT (if known) None Recorded
10. ORIGINAL BUILDER (if known) Bernard Lindberg
Bernard Lindberg immigrated to the United States from Sweden, living in Michigan and Wisconsin before moving to California in the 1920s, where he became a self employed home builder. He built 1012 Crestview in 1932 for an estimated cost of $5,000.
11. DATES OF ENCLOSED PHOTOGRAPHS (see attached instructions for submitting photographs) June 2016 and March 2022
12. SQUARE FOOTAGE (if known) 2688 upstairs 575 downstairs 153 of 253
13. ALTERATIONS AND DATES OF ALTERATIONS (based on building permits, physical analysis, oral information, see attached “Sources of Information” for obtaining City building permit records, attach additional pages in necessary):
House was altered in the late 50s by the second owner. French windows were removed and metal jalousie windows were installed. The kitchen was remodeled and a drop ceiling with fluorescent lights was installed. Kitchen cabinets were replaced and linoleum tiles were laid down on the floor.
The third and current owner bought the house in 2000 and a major restoration began. The windows were replaced with mahogany French windows. The cracked bathroom tile was restored by a master tiler with reproduction tile. The kitchen was gutted and French windows were reinstalled. The sliding glass door was removed and a 30s back door with original glass was put in its place. The floor was replaced with paver tiles and cabinets were replaced.
The downstairs was gutted and pine walls were installed. Mexican pavers were put on the floor in the storeroom and the main room’s old linoleum tile floors were stripped and the concrete underneath was sanded and stained.
The sliding door was replaced with French doors. Throughout the house the broken wood sash windows were replaced with new double sash windows.
The landscaping was re-imagined, old fishponds and a dysfunctional spa were removed. The concrete slab patio was covered with Mexican pavers. New landscaping was installed to blend with the original cactus and succulents, bougainvillea, and birds of paradise. A new patio roof was put in and old exterior walls were restored and painted.
Throughout the interior and exterior restoration projects, consultants were hired and design books studied to attempt to restore the property with the greatest integrity to original Spanish revival design.
Present owner has Glendale City Building permits for her reference.
14. IS THE STRUCTURE (check one): X ON ITS ORIGINAL SITE
15. LIST NAMES, OCCUPATIONS, AND TENURE OF ALL PREVIOUS OWNERS AND OCCUPANTS, IF KNOWN (see attached “Sources of Information” for obtaining prior ownership information):
Original owner: Clarence Henry Mahoney 1932 to 1956 Mr. Mahoney spent 35 years teaching PE and coaching baseball at John H. Francis Polytechnic High School on Washington Blvd. in downtown Los Angeles- the second oldest high school in the city founded in 1897. 2nd Owner: Reverend Karl E Kniseley and his wife Margret Kniseley 1954-1999. Reverend Kniseley was a pastor at Glendale First Lutheran Church from 1954 and retired 1n 1974. He was actively involved in the civic life of his community and held office in a number of offices 154 of 253 in the city. In 1993, The Glendale Chamber of Commerce honored his as “ Patriot of the Year.” 3rd Owner: Shaye Harber 1999 to present. Shaye Harber was a Bilingual Teacher, Coordinator, Adult School Advisor and Literacy Coach for LAUSD from 1974 to 2013. After retirement, she continued to teach children literacy skills through her own tutoring business and as a volunteer in the education of homeless children program, School On Wheels.
CRITERIA FOR INCLUSION IN THE GLENDALE REGISTER
In order to qualify for inclusion on the Glendale Register, the proposed resource must meet at least one of the following criteria. Please explain how the proposed resource meets one or more of the following criteria. A proposed resource does not need to meet all criteria in order to qualify for the Glendale Register. However, if the proposed resource meets more than one criterion, please include all information in this application. If a criterion is inapplicable, indicate “Not Applicable”. Attach additional pages, if necessary. Identify the source from where the information was obtained and provide copies of any supporting information and documentation with this application.
CRITERION 1
IS THE PROPOSED HISTORIC RESOURCE IDENTIFIED WITH IMPORTANT
EVENTS IN NATIONAL, STATE, OR CITY HISTORY, OR DOES IT EXEMPLIFY
SIGNIFICANT CONTRIBUTIONS TO THE BROAD CULTURAL, POLITICAL,
ECONOMIC, SOCIAL, OR HISTORIC HERITAGE OF THE NATION, STATE, OR CITY? IF SO, PLEASE DESCRIBE:
No
CRITERION 2
IS THE PROPOSED HISTORIC RESOURCE ASSOCIATED WITH A PERSON,
PERSONS, OR GROUPS WHO SIGNIFICANTLY CONTRIBUTED TO THE HISTORY OF THE NATION, STATE, REGION, OR CITY? IF SO, PLEASE DESCRIBE:
No
CRITERION 3
DOES THE PROPOSED HISTORIC RESOURCE EMBODY THE DISTINCTIVE AND
EXEMPLARY CHARACTERISTICS OF AN ARCHITECTURAL STYLE,
ARCHITECTURAL TYPE, PERIOD, OR METHOD OF CONSTRUCTION; OR
REPRESENT A NOTABLE WORK OF A MASTER DESIGNER, BUILDER OR ARCHITECT WHOSE GENIUS INFLUENCED HIS OR HER PROFESSION; OR POSSESS HIGH ARTISTIC VALUES? IF SO, PLEASE DESCRIBE:
YES - The distinctive and exemplary characteristics of a classic Spanish Revival Colonial Home are addressed in the body of this application. 155 of 253
CRITERION 4
HAS THE PROPOSED HISTORIC RESOURCE YIELDED, OR HAVE THE POTENTIAL
TO YIELD, INFORMATION IMPORTANT TO ARCHAEOLOGICAL PRE-HISTORY OR HISTORY OF THE NATION, STATE, REGION, OR CITY? IF SO, PLEASE DESCRIBE:
NO
CRITERION 5
DOES THE PROPOSED HISTORIC RESOURCE EXEMPLIFY THE EARLY HERITAGE OF THE CITY? IF SO, PLEASE DESCRIBE:
NO
18. PLEASE STATE ANY ADDITIONAL FACTS PERTAINING TO THE PROPERTY THAT WAS NOT ADDRESSED ABOVE.
N/A
OWNER CONSENT FORM
I Certify That I Am the Current Property Owner Of Record (Include All Owners):
Shaye Harber
Print Name
Signature Date
June 6, 2022
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Primary Façade, view looking southeast
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Primary Façade, view looking southwest
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Primary Façade Details
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Courtyard, view northeast
Courtyard, view northwest
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Rear Garage Door, view facing northwest
Primary Facade Garage Door, view facing southeast
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West Façade, view looking northeast
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East Façade, view looking northwest
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Rear yard/Patio Cover, view looking east
Rear Façade French Door Alteration
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9c
CITY OF GLENDALE, CALIFORNIA
REPORT TO THE CITY COUNCIL
AGENDA ITEM
Report: 1006 E. Harvard Street: Consideration of Glendale Register Nomination and Request for a Mills Act Historic Property Contract.
1. Resolution to designate the residential property at 1006 E. Harvard Street as a historic resource in the Glendale Register of Historic Resources, as the Asa and Ann Fanset House, and authorizing the City Manager to enter into a Mills Act Historical Property Contract with the property owner;
2. Motion to deny the request of the property owner to designate the residential property at 1006 E. Harvard Street as a historic resource in the Glendale Register of Historic Resources.
COUNCIL ACTION
Item Type: Public Hearing
Approved for September 19, 2023 calendar
EXECUTIVE SUMMARY
The owner of 1006 E. Harvard Street requests that the City Council designate/list the property in the Glendale Register of Historic Resources and authorize a Mills Act historical property contract. The house was built in 1906 and is an outstanding and highly intact example of the Craftsman style architecture associated with the early history of the city.
On October 20, 2022, the Historic Preservation Commission (HPC) reviewed the nomination and voted 5-0 to recommend to the City Council that the property at 1006 E.
Harvard Street be listed in the Glendale Register of Historic Resources as the “Asa and Ann Fanset House,” and that the City Manager be authorized to enter into a Mills Act historic property contract with the property owner under Section 15.20.070A of the Glendale Municipal Code.
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COUNCIL PRIORITIES
N/A.
RECOMMENDATION
That City Council authorize listing of 1006 E. Harvard Street in the Glendale Register of Historic Resources and authorize the City Manager to enter into a Mills Act historic property contract, with the conditions recommended by HPC, between the City and the property owner under Section 15.20.070A of the Glendale Municipal Code.
BACKGROUND
Historical Background
1006 E. Harvard Street is a two-story, single-family residence constructed in 1906 and is a rare intact example of early residential development in Glendale. Due to its early construction, the original building permit is not available but a May 1911 article from the Los Angeles Times regarding the sale of the property to Asa and Ann Fanset identified Henry P. Johnson as the builder. No information was found on Johnson to suggest he was a significant builder in the city or area.
In 1906, Asa Fanset was briefly a member of Glendale’s first Board of Trustees and was also appointed as the first postmaster of the Glendale Post Office. He passed in 1915 and Ann moved to a property on N. Louise Street. The Fanset family appears to have retained ownership of the house as their son Joseph lived there between 1920 and 1923. Joseph owned and operated Fanset Dye Works (later, Fanset Cleaners) which opened in 1913 at 1108 E. Broadway and closed in the late 1990s. Between 1929 and 1949, Axel and Vera Fosston owned the property, as well as a a grocery story at 736 S.
Adams. The grocery store, Adams Super Market, still operates today but is no longer owned by the Fosston family. Several other owners and occupants were identified with the property and are documented in the attached nomination submitted by the owner.
Though Asa Fanset was an early settler and politically and socially active during the early development of the city, no information suggests he made significant contributions to the history of the city. He was postmaster at the time the Glendale Post Office became a substation of Los Angeles post office, yet the event was not solely driven by Fanset and cannot be associated with only his efforts. Additionally, no other owners or occupants of the building appear to have made significant contributions to the history of the nation, state, region, or city and therefore, the property does not appear eligible under Criterion 2. The current owner purchased the property in 2019.
Based on the information in the nomination, attached to this report as Exhibit 1 and incorporated by reference, staff believes the property is eligible for listing in the Glendale Register under Criteria 1 and 3 as detailed in the “Findings of Eligibility” section below. Staff recommends the house be listed as the “Asa and Ann Fanset House” after its earliest identified owners.
Architectural Description
The residence is located on a rectangular lot on the south side of E. Harvard Street. 178 of 253
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E. Harvard Street is a linear east/west street spanning from Brand Boulevard to Verdugo Boulevard. Lined with trees, it has a mix of single- and multi-family residential development. The building is set close to the public right-of-way and a concrete walkway, which was recently replaced by the current owner, leads from the sidewalk to the entrance porch. The building has a square footprint, is clad in narrow horizonal beveled wood siding and has a steeply pitched side-gable roof with wide eaves and exposed notched rafter tails. The exposed foundation of the house and front porch is composed of rusticated concrete blocks, as is the pier supporting the front porch column. A large gabled dormer with three grouped hung wood windows is prominent on the north slope of the roof facing the street. At the side façades, as well as the front dormer, decorative elbow brackets are located below the eaves. A partial-width corner porch is located at the east end of the primary façade, tucked below the main roofline.
The roof is supported by a tapered square wood column set on a concrete-block pedestal. Wood steps with low cheek walls clad in horizontal wood siding allow access to the porch and a low wood railing encloses it on the north and east sides. The entrance door is wood with a large central light with dentil detail below. It is flanked by short sidelights with a decorative muntin pattern across the top. This pattern of elongated hexagons is found at the other first floor windows on the front façade, including the wood window to the left of the entrance door and the three-part wood window to the right, which has the decorative muntins in the upper sash of the flanking windows and the transom above the fixed center window.
The east and west side façades are simple, with double-hung wood windows and a stepped brick chimney on the west façade with capstones on each step. The capstones are somewhat deteriorated and in need of repair. On the east façade, a kitchen remodel included the addition of a sliding vinyl window. The current owners replaced the vinyl with a wood slider, but the operation is not appropriate to the style or period. Joints in the siding show evidence of the size and location of the original window.
On the south (rear) façade, a wood porch covered by a shed roof with square wood columns and wood railing allows access to the rear entrance. Based on interior evidence such as double-hung windows and horizontal wood cladding on the interior walls, staff believes this was originally a porch that was enclosed at an unknown date.
Wood sliding windows were added on either side of the entrance door. At the second floor a sleeping porch was enclosed at an unknown date and a three-part window was added. Additional windows on this façade include double-hung wood windows. A cellar bulkhead door is located beside the porch.
There is a detached garage in the southeast corner of the lot. It has a square footprint with gable roof and is clad in the same horizontal beveled siding as the house. A small projection was added to the north façade at an unknown date, most likely to accommodate larger cars. The wood garage doors are not original, and a more appropriate set of doors would enhance the character of the garage. The front façade of the garage also features a pedestrian entrance door and a vinyl hung window. Based on a review of the Sanborn Fire Insurance Maps, it is somewhat unclear when the existing garage was constructed. Maps from 1919 and 1925 identify a two-story “auto” building 179 of 253
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in this location with a similar footprint to the current garage. It is unclear if this building was altered to one-story or the current garage was constructed after 1925. A concrete driveway leads from the street to the detached garage along the east side of the lot.
Hardscape alterations at the rear of the property include a flagstone patio and built-in firepit clad in ledgestone.
Notable character-defining features of 1006 E. Harvard Street include:
• Square footprint;
• Two-story massing;
• Steep roof pitch;
• Gable dormer on primary façade;
• Horizontal beveled wood siding;
• Rusticated concrete block foundation;
• Recessed entrance porch below the main roof at side of front façade; • Tapered wood column set on concrete block pedestal;
• Wood entrance stairs with low cheek walls;
• Wood entrance door with large central light with dentil detail below and side lights;
• Wood windows along the primary façade with elongated hexagon divided light pattern and flat trim boards;
• Double-hung wood windows with ogee lugs and flat trim boards; • Wide eaves with notched rafter tails;
• Wood elbow brackets under eaves;
• Stepped brick chimney with capstones;
• Detached garage with horizontal beveled wood siding and front-gable roof.
Alterations and Integrity
The residence at 1006 E. Harvard Street retains a high degree of integrity with minimal alterations since construction. Slider windows were added at the east façade when the kitchen was remodeled and at the rear façade most likely when the rear porch was enclosed. On the second floor of the rear façade, a sleeping porch was enclosed at an unknown date and a three-part window was added. Enclosure of these porches is a common occurrence found on homes from this period and the work was done in a compatible manner. A small bump-out was added to front façade of the garage to accommodate larger cars and the current garage door is not appropriate to the style of the house. A pedestrian door and two vinyl windows were also added at the north and west sides of the garage. An electric driveway gate was added just off the northeast corner of the house.
None of the listed minimal alterations deter from the building’s overall integrity of materials, design, or workmanship. The significant character-defining features of the building that convey its architectural style and early development have been retained and remain unaltered. The building’s integrity of location is retained as the building has not been moved. The integrity of feeling and setting is somewhat impacted as E.
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single- and multi-family mixed street. The change to the setting and feeling is not tremendous and staff does not believe these changes compromise the integrity of the building.
Staff does recommend the following Mills Act conditions:
1. Repair the horizontal siding at the cheek walls of the entrance steps to match the siding on the house and to ensure no further deterioration.
2. Repair the capstones on the chimney to ensure no water damage or further deterioration of the material or chimney.
3. Replace the slider windows on the east façade and to the left of the rear porch with pairs of hung wood windows.
4. Replace the garage door with a new door that is more appropriate to the house and period.
5. Replace the two vinyl windows on the garage with a wood double-hung window.
6. Paint the driveway gate to better match the house.
ANALYSIS
Finding of Eligibility
After reviewing the nomination submitted by the owner and its supporting documentation, as well as visiting the site, Planning Division staff concludes that the property appears to meet eligibility Criteria 1 and 3 for listing in the Glendale Register of Historic Resources.
Events [Criterion 1]
To meet Criterion 1, a property must be “identified with important events in national, state, or city history, or exemplifies significant contributions to the broad cultural, political, economic, social, tribal, or historic heritage of the nation, state, or city, and retains historic integrity.”
1006 E. Harvard Street is rare intact example of early single-family residential development in South Glendale. Glendale was founded in 1887 amid the regional real estate and population boom of the era and the city was officially incorporated in 1906. While the town had been platted in 1887, incorporation as a city and the introduction of the streetcar line triggered exponential growth and development of new residential tracts. This portion of E. Harvard Street, originally Fifth Street, was recorded as part of a tract in 1906. By 1919 it, and the surrounding area, was partially filled in with modest one- and two-story single-family residences and by 1925 all the lots along the block were developed. The original center of the city was located around what is now the civic center and the oldest residential development spread out from this core.
Many single-family homes from this period in South Glendale have been demolished or heavily altered making 1006 E. Harvard an exceptional example of 181 of 253
6 c 9
this early growth. Therefore, the subject property is eligible for listing in the Glendale Register under Criterion 1.
Architectural Significance [Criterion 3]
To meet Criterion 3, a property must “embody the distinctive and exemplary characteristics of an architectural style, architectural type, period, or method of construction; or represent a notable work of a master designer, builder or architect whose genius influenced his or her profession; or possess high artistic values and retains historic integrity.”
1006 E. Harvard Street is a simple, yet striking example of early transitional Craftsman-style architecture. The Craftsman-style grew out of the Arts and Crafts movement as a reaction against industrialization and the excess of the Victorian era. The Craftsman-style stressed the simplicity of design, handcraftsmanship, and the use of natural materials. The style is mainly characterized by low-pitched gabled roofs with wide eave overhangs, partial or full width porches, a horizonal massing, exterior cladding such as wood shingles or clapboard, and extensive use of natural materials. Many sources cite the beginning of the use of the Craftsmanstyle within the first decade of the 20th century, making 1006 E. Harvard Street an early example. Additionally, features such as its steeply pitched roof and the decorative window muntins highlight the transition from the Victorian bungalows of the late 19th century to the Craftsman-style of the early 20th century. The property is in remarkable condition for its age and is a rare and intact example of this transitional Craftsman-style in South Glendale. Therefore, the subject property is eligible for listing in the Glendale Register under Criterion 3.
STAKEHOLDERS/OUTREACH
There are no stakeholders other than the property owner.
FISCAL IMPACT
Listing historic properties in the Glendale Register has no fiscal impact. However, future property tax savings to private owners of listed historic properties under Mills Act contracts will slightly reduce City property tax revenues from the general County tax levy received from each Mills Act property.
ENVIRONMENTAL REVIEW (CEQA/NEPA)
The project is exempt from CEQA as a Class 8 “Actions by Regulatory Agencies for Protection of the Environment” exemption and a Class 31 “Historical Resource Restoration/Rehabilitation” exemption pursuant to Sections 15308 and 15331 of the State CEQA Guidelines because it involves the designation and protection/preservation of a historic resource.
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CAMPAIGN DISCLOSURE
The names and business addresses of the members of the board of directors, the chairperson, CEO, COO, CFO, Subcontractors and any person or entity with more than 10% interest in the company proposed for contract in this Agenda Item Report are attached in Exhibit 5, in accordance with the City Campaign Finance Ordinance No. 5744.
ALTERNATIVES
Alternative 1: Designate/list 1006 E. Harvard Street as a historic resource in the Glendale Register of Historic Resources, finding that the property meets designation Criteria 1 and 3, and authorize the City Manager to enter into a Mills Act contract, with conditions, between the City and the property owner.
Alternative 2: Reject designation/listing of 1006 E. Harvard Street on the Glendale Register of Historic Resources, finding that the property does not meet Criterion 1, 3, or any other criteria.
Alternative 3: Any other alternative not proposed by staff.
ADMINISTRATIVE ACTION
Prepared by:
Kasey Conley, Planner
Reviewed by:
Jay Platt, Principal Planner
Approved by:
Roubik R. Golanian, P.E., City Manager
EXHIBITS/ATTACHMENTS
Exhibit 1: Glendale Register Nomination
Exhibit 2: Photographs
Exhibit 3: Mills Act Application
Exhibit 4: DPR Survey Form
Exhibit 5: Campaign Disclosure
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1 RESOLUTION NO. _____________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GLENDALE, CALIFORNIA, TO DESIGNATE THE RESIDENTIAL
PROPERTY LOCATED AT 1006 E. HARVARD STREET AS A
HISTORIC RESOURCE ON THE GLENDALE REGISTER OF
HISTORIC RESOURCES AND AUTHORIZING THE CITY MANAGER
TO ENTER INTO A MILLS ACT HISTORICAL PROPERTY
CONTRACT
WHEREAS, the owner of record of the residential property located at 1006 E.
Harvard Street (the “Property”) has consented to, and requests that the Property be designated as a historic resource on the Glendale Register of Historic Resources pursuant to the provisions of Section 15.20.060 of the Glendale Municipal Code; and WHEREAS, the Historic Preservation Commission, at a regularly scheduled meeting on October 20, 2022, unanimously recommended designation of the Property for listing on the Glendale Register of Historic Resources; and WHEREAS, the City Council has conducted a duly noticed public hearing pursuant to the provisions of Section 15.20.060 of the Glendale Municipal Code; and WHEREAS, the City Council of the City of Glendale, pursuant to Sections
15.20.050 and 15.20.060, finds based on information in the record that the Property, to be known as the Asa and Ann Fanset House, is eligible for listing on the Glendale Register of Historic Resources because it qualifies under Criteria 1 (identified with important events in national, state, or city history, or exemplifies significant contributions to the broad cultural, political, economic, social, tribal, or historic heritage of the nation, state, or city, and retains historic integrity) and 3 (embodies the distinctive and exemplary characteristics of an architectural style, architectural type, period, or method of construction; or represents a notable work of a master designer, builder or architect whose genius influenced his or her profession; or possesses high artistic values, and retains historic integrity) in that, the Property is a rare intact example of early single-family residential development in South Glendale and is a simple, yet striking example of early transitional Craftsman-style architecture, as further described in the September 19, 2023 Staff Report regarding the Property; and
WHEREAS, the City Council of the City of Glendale further finds that because the Property qualifies for listing on the Glendale Register of Historic Resources that entering into a Mills Act contract with the Property owner is appropriate based on all of the information in the record.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE AS FOLLOWS:
Section 1. The recitals above are incorporated herein by this reference. 184 of 253
2 Section 2. That the property located at 1006 E. Harvard Street is to be designated as a historic resource in the Glendale Register of Historic Resources.
Section 3. That the City Manager is authorized to enter into a Mills Act historical property contract with the Property owner subject to the following conditions:
1. Repair the horizontal siding at the cheek walls of the entrance steps to match the siding on the house and to ensure no further deterioration.
2. Repair the capstones on the chimney to ensure no water damage or further deterioration of the material or chimney.
3. Replace the slider windows on the east façade and to the left of the rear porch with pairs of hung wood windows.
4. Replace the garage door with a new door that is more appropriate to the house and period.
5. Replace the two vinyl windows on the garage with a wood double-hung window.
6. Paint the driveway gate to better match the house.
Section 4. That the designation of the Property as a Historic Resource for listing on the Glendale Register of Historic Resources and entering into a Mills Act contract with the Property owner is exempt from the provisions of the California Environmental Quality Act (CEQA) pursuant to Title 14 CCR Sections 15331 (preservation of historic resources) and 15308 (actions by regulatory agencies for protection of the environment).
Adopted this _______ day of __________________________, 2023. ______________________________
Mayor
ATTEST:
___________________________
City Clerk
185 of 253
3 STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF GLENDALE )
I, SUZIE ABAJIAN, Ph.D., Clerk of the City of Glendale, certify that the foregoing Resolution was adopted by the Council of the City of Glendale, California, at a regular meeting held on the ______day of _________, 2023, and that same was adopted by the following vote:
Ayes:
Noes:
Absent:
Abstain:
_________________________
City Clerk
186 of 253
MOTION
Moved by Council Member ____________________________, seconded by Council Member ____________________________, that upon review and consideration of all documents, materials and exhibits relative to the request of the owner of record of the residential property located at 1006 E. Harvard Street (the “Property”) to list the Property on the Glendale Register of Historic Resources, and after having conducted a public hearing on said request and receiving testimony, the City Council of the City of Glendale, California, based upon all of the evidence in the record, hereby denies the request of the owner of record of the Property to list the Property on the Glendale Register of Historic Resources pursuant to the provisions of Section
15.20.060 of the Glendale Municipal Code and denies the request of the owner of record of the Property to authorize the City Manager to enter into a Mills Act historical property contract with the Property owner. This denial is based on the Council’s determination, pursuant to Glendale Municipal Code Sections 15.20.050 and 15.20.060, that, based on information in the record, the Property is not eligible for listing on the Glendale Register of Historic Resources because it does not meet any of the criteria enumerated in Glendale Municipal Code Section 15.20.050.
Vote as Follows:
Ayes:
Noes:
Absent:
Abstain
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7. ARCHITECTURAL STYLE, INCUDING ARCHITECTURAL DETAILS AND CHARACTER DEFINING FEATURES.
Transitional Craftsman style (as recorded in Glendale’s 2007 Craftsman Style Architecture Survey). It was noted as high integrity and categorized as 5S3 (of local significance).
The narrow wooden clapboard siding has been retained and maintained. The roof is a steeply pitched side gable with flanking chimney, and a front-facing gabled dormer. Eaves are open with exposed brackets, and based on a search of permits, has not been modified other than reroofing with composition shingles.
The wooden front porch has square stone supports with battered piers and an open balustrade.
Front-facing window is tripartite, with double-hung windows flanking a central window. These front-facing windows have custom glass which retain the original design featuring irregular hexagonal and triangular panes. Casement windows flank the front door. Throughout the house, any updated/modernized windows were replaced with wood-frame windows more appropriate to the Craftsman period. Window trim is painted to emphasize the design element. 190 of 253
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Previous Owners and Occupants, 1006 E. Harvard
Address until 1918 was 116 W. Fifth Street – per Sean Bersell, Glendale Historical Society Name(s) Occupation(s) / Bios Tenure Sources
Fanset, Asa V. and Ann
(McCargar).
Daughter: May
In his obituary, the Los
Angeles Times called Asa
V. Fanset “one of
Glendale’s old settlers
and most highly
respected and widely
known citizen[s].”1
Asa was the on Board of
City Trustees when the
City of Glendale was
founded in 1906. He was
also Postmaster of the
Glendale Post Office.2
From the Glendale Daily
Press: "His appointment
has gone down in the
annals of Glendale
history as one of the
cleverest feats of local
politics of the generation.
While Mr. Fanset was
holding the office,
Glendale’s postoffice was
taken into the Los
Angeles postoffice and
made a substation. This
1911-1915
In 1915, the
Fanset family
may have
begun renting
the house to
some of the
residents listed
below; this is
suggested
because their
son John Fanset
is back at the
house in 1920;
see his entry
below.
1 “Dies at Glendale.” Los Angeles Times, 16 Jan. 1915.
ProQuest, https://www.proquest.com/historicalnewspapers/obituary-3-notitle/docview/160072075/se-2?accountid=11124. 2 Yamada, Katherine. “Verdugo Views: In city’s history from the beginning.” Glendale News-Press, 27 April 2007.
Los Angeles Times,
https://www.latimes.com/socal/glendale-newspress/news/tn-gnp-xpm-2007-04-27-gnpyamada27-story.html. 3 “Postoffice Facts Given by Historian.” Glendale Daily Press, 9 Jan. 1922. Internet Archive,
https://archive.org/details/cgl_001709.
4 Glendale City Directory. The Southern California Directory Co., 1911. Internet Archive,
https://archive.org/details/cgl_000003.
195 of 253
was done in 1908 at the
request of the people of
Glendale.”3
Ann: was “post office
clerk.”4
Moore, P.A.C. and wife
Mary
Melvin Moore
Minnie Moore
Presley Moore
Ralph Moore
Retired (P.A.C.)1
Nurse (Minnie)1
Student (Melvin)1
Occupation listed as
“Produce com.” (Presley
and Ralph)1
1915
Moved to a
house on Salem
Street in 1915.2
1 Glendale City Directory. Valley Publicity Bureau, 1915.
Internet Archive,
https://archive.org/details/cgl_000005.
2 “Personals.” The Glendale Evening News, 13 Oct. 1915.
Internet Archive,
https://archive.org/details/cgl_002672/page/n1/m
ode/2up?q=PERSONALS.
Pilgrim, Walter J.
Pilgrim, W.H. Pilgrim
and Jennie M.
Retired (W.H. and
Jennie)1
1917 1Glendale City Directory. Glendale Evening News, 1917.
Internet Archive,
https://archive.org/details/cgl_000006.
196 of 253
Morton, Herbert M.
and Elizabeth B.
Morton, Archie M. and
Dorothy B.
Retired (Herbert and
Elizabeth)1
1919 1Glendale City Directory. A.T. Cowan, 1919. Internet Archive, https://archive.org/details/cgl_000007.
Fanset, John H. and
Maude E.
Cleaner (John)
Housewife (Maude)1
In 1913, when his parents
lived in this house, John
performed in a
minstrel/blackface
performance for the Elks
Lodge.2
John Fanset was
Chairman of the Ways
and Means Committee of
the Glendale Lodge of
Elks in 1925.3
In 1927, John was a
Director of the Glendale
Rotary Club.4
19201-19235 1Voter Records 1920 and 1922. California State Library; Sacramento, California; Great Register of Voters,
1900-1968. Description: Roll 011; Ancestry.com.
California, U.S., Voter Registrations, 1900-1968
[database on-line].
2 “Elks Will Give Minstrel: Glendale Herd Will Black Their Faces and Crack Jokes for the Good of the Order."
Los Angeles Times, Jun 15, 1913, pp. 1. ProQuest,
https://www.proquest.com/historicalnewspapers/elks-will-giveminstrel/docview/159879989/se2?accountid=11124. 3 "Elks Plan Addition to Clubhouse: Glendale Lodge
Announces New Structure Is to Cost S200,000." Los
Angeles Times, Oct 04, 1925, pp. 1. ProQuest,
https://www.proquest.com/historicalnewspapers/elks-plan-additionclubhouse/docview/161855827/se2?accountid=11124. 4 "Honored by Scientific Fraternity: Sigma Xi Chooses
Caltech Graduates Who Are Now in Research
Work." Los Angeles Times, Apr 15, 1927, pp. 1.
ProQuest, https://www.proquest.com/historical197 of 253 newspapers/honored-scientificfraternity/docview/162055091/se2?accountid=11124. 5 Glendale City Directory. Western Directory Co., 1923.
Internet Archive,
https://archive.org/details/cgl_000009.
Talbott, Charles F. Driver.1 1922 (same
time as John
Fanset, above).
1 Glendale City Directory. Western Directory Co., 1922.
Internet Archive,
https://archive.org/details/cgl_000008.
(for rent) “For rent – Furnished
apartment and two
furnished bedrooms,
garage if desired”1
1923 1Classifed advertisement. Glendale Evening News, March 17, 1923, p. 10. Internet Archive,
https://archive.org/details/cgl_004945/page/n9/m
ode/1up?q=%221006+e+harvard%22.
(for rent) “For rent – Large room
with closet and south
sleeping porch. Also
downstairs room.”
“For rent: furnished
rooms, with or without
garage and board”2
1924 1Classified advertisement. Glendale Evening News, January 5, 1924, p. 7. Internet Archive,
https://archive.org/details/cgl_005197/mode/2up?
q=%221006+e+harvard%22.
2 Classified advertisement. Glendale Evening News,
September 26, 1924, p. 18. Internet Archive,
https://archive.org/details/cgl_005424/page/n17/
mode/2up?q=%221006+e+harvard%22.
198 of 253
(for rent) “Large front room, twin
beds, near bath.
Homelike. Gentlemen.
Block car or bus.”
1925 1Classified advertisement. Glendale Evening News,
February 5, 1925, p. 14. Internet Archive,
https://archive.org/details/cgl_005537/page/n13/
mode/2up?q=%221006+e+harvard%22.
Becker, John P. Carpenter1 1926 1California State Library; Sacramento, California; Great Register of Voters, 1900-1968. Ancestry.com.
California, U.S., Voter Registrations, 1900-1968
[database on-line]. Provo, UT, USA: Ancestry.com
Operations Inc, 2017.
Smith, Minnie F.
(widow of E.A.)
housewife1 1925-19282 1California State Library; Sacramento, California; Great Register of Voters, 1900-1968. Ancestry.com.
California, U.S., Voter Registrations, 1900-1968
[database on-line]. Provo, UT, USA: Ancestry.com
Operations Inc, 2017.
2 Glendale City Directories. Glendale Directory Co., 1925, 1926, 1927, 1928. Internet Archive,
https://archive.org/search.php?query=creator%3A
%22Glendale+Dir.+Co.%22&&and[]=year%3A%2219
28%22&and[]=year%3A%221927%22&and[]=year%
3A%221926%22&and[]=year%3A%221925%22.
Fosston, Axel Anton
and Anna Maria.
Fosston, Vera M.3
(married name:
Hoover)8
Grocer (Axel)9
Grocery store was at 736
S. Adams11
Retired (Axel)10
1929-1949 1Glendale City Directory. Glendale Directory Co., 1949.
Internet Archive,
https://archive.org/details/cgl_000025.
2 California State Library; Sacramento, California; Great Register of Voters, 1900-1968. Ancestry.com.
California, U.S., Voter Registrations, 1900-1968
199 of 253
Fosston, Helen G.
(married name:
Hayes)8
Mach [machinist?]
(Amos)1
In 1947 and 1948, he was
listed as Amos A. Fosston
4 , but it’s probably Axel as
it also shows him married
to Anna M. No vital
records found for an
Amos Fosston.
Student (Vera, 19275 and
19292) (Helen, 19316)
Steno (Helen, 19357)
Helen was daughter of
Alex and Anna, per 1940
census.
[database on-line]. Provo, UT, USA: Ancestry.com
Operations Inc, 2017.
3 Glendale City Directories. Glendale Directory Co., 1929, 1945, 1948. Internet Archive,
https://archive.org/search.php?query=creator%3A
%22Glendale+Dir.+Co.%22&&and[]=year%3A%2219
48%22&and[]=year%3A%221945%22&and[]=year%
3A%221929%22.
4 Glendale City Directories. Glendale Directory Co., 1947, 1948. Internet Archive,
https://archive.org/search.php?query=creator%3A
%22Glendale+Dir.+Co.%22&and[]=year%3A%22194
8%22&and[]=year%3A%221947%22.
5 "U.S., School Yearbooks, 1880-2012"; School Name:
Glendale High School; Year: 1927. Ancestry.com.
U.S., School Yearbooks, 1900-1999 [database online]. Lehi, UT, USA: Ancestry.com Operations, Inc., 2010.
6 "U.S., School Yearbooks, 1880-2012"; School Name:
Glendale High School; Year: 1931. Ancestry.com.
U.S., School Yearbooks, 1900-1999 [database online]. Lehi, UT, USA: Ancestry.com Operations, Inc., 2010.
200 of 253
7 Glendale City Directory. Glendale Directory Co., 1935.
Internet Archive,
https://archive.org/details/cgl_000015.
8 "Obituary 6 -- No Title." Los Angeles Times, Sep 13, 1962, pp. 1. ProQuest,
https://www.proquest.com/historicalnewspapers/obituary-6-notitle/docview/168162444/se-2?accountid=11124. 9 “Index to Register of Voters,” 1930 and 1934. California State Library; Sacramento, California; Great Register
of Voters, 1900-1968. Ancestry.com. California,
U.S., Voter Registrations, 1900-1968 [database online]. Provo, UT, USA: Ancestry.com Operations Inc, 2017. 10“Index to Register of Voters,” 1936, 1938, 1942, and 1946.
California State Library; Sacramento, California;
Great Register of Voters, 1900-1968. Ancestry.com.
California, U.S., Voter Registrations, 1900-1968
[database on-line]. Provo, UT, USA: Ancestry.com
Operations Inc, 2017.
11Glendale City Directory. Glendale Directory Co., 1929.
Internet Archive,
https://archive.org/details/cgl_000014.
201 of 253
Tuttle, Ray Emerson Letter carrier1
"Lodger” of the
Fosstons.3
1926-19402 1Glendale City Directories. Glendale Directory Co., 1928, 1938. Internet Archive,
https://archive.org/search.php?query=creator%3A
%22Glendale+Dir.+Co.%22&&and[]=year%3A%2219
38%22&and[]=year%3A%221928%22.
2 “Index to Register of Voters,” 1926, 1934, and 1938.
California State Library; Sacramento, California;
Great Register of Voters, 1900-1968. Ancestry.com.
California, U.S., Voter Registrations, 1900-1968
[database on-line]. Provo, UT, USA: Ancestry.com
Operations Inc, 2017.
3 United States of America, Bureau of the Census. Sixteenth Census of the United States, 1940. Washington,
D.C.: National Archives and Records Administration,
1940. T627, 4,643 rolls. Ancestry.com. 1940 United
States Federal Census [database on-line]. Provo, UT,
USA: Ancestry.com Operations, Inc., 2012.
Smith, William H.
Smith, Doris L.
Technician fifth grade,
U.S. Army (William)1
Aircraft Worker,
Lockheed (William) in
1951,1954, 1955.
Supervisor at Lockheed in
1957.4
Staff Sergeant, US Air
Force (Doris)2
1951-19583, 4 1“Sgt William Smith.” Find a Grave, 25 Oct 2012, https://www.findagrave.com/memorial/99606670/
william-smith. Accessed 31 May 2022.
2 “Doris L Smith.” Find a Grave, 25 Feb 2000,
https://www.findagrave.com/memorial/1190333/d
oris-l-smith. Accessed 31 May 2022.
3 “Index to Register of Voters,” 1952, 1954, 1956 and 1958.
California State Library; Sacramento, California;
Great Register of Voters, 1900-1968. Ancestry.com.
202 of 253
California, U.S., Voter Registrations, 1900-1968
[database on-line]. Provo, UT, USA: Ancestry.com
Operations Inc, 2017. [Note: Only Doris listed in
1952 and 1954.]
4 Glendale City Directories. R.L. Polk & Co., 1951, 1953, 1954, 1955, 1957. Ancestry.com. U.S., City
Directories, 1822-1995 [database on-line]. Lehi, UT,
USA: Ancestry.com Operations, Inc., 2011.
Bruno, Vincent and
Rose M. Bruno
Stefanoni, Joseph
(Giuseppe) and
Caroline1
Welder (Joseph)1
Worked at Pioneer Water
Heater Corp, L.A.4
Joseph Stefanoni is father
of Rose Bruno.3
19581-19632 1Glendale City Directories, 1958-1963. Ancestry.com. U.S., City Directories, 1822-1995 [database on-line]. Lehi,
UT, USA: Ancestry.com Operations, Inc., 2011.
2 Public Works Division, City of Glendale. Building, Electrical and Plumbing Permits, 1960 and 1961.
3 The Tidings; Publication Date: 13 Jul 1962; Publication Place: Los Angeles, California, USA; URL:
https://www.newspapers.com/image/695543176/?
article=94d942f1-1c17-43fc-8911-
64317cfec4b3&focus=0.6163099,0.70275414,0.728
62303,0.7199904&xid=3355.
4 Glendale City Directory, R.L. Polk & Co., 1955.
Ancestry.com. U.S., City Directories, 1822-1995
[database on-line]. Lehi, UT, USA: Ancestry.com
Operations, Inc., 2011.
203 of 253
Piscitelli, Salvatore1,2
and Caterina1
Plumber (Salvatore)1 1964-19651 1Glendale City Directories, R.L. Polk & Co., 1964.
Ancestry.com. U.S., City Directories, 1822-1995
[database on-line]. Lehi, UT, USA: Ancestry.com
Operations, Inc., 2011.
2 Glendale City Directories, R.L. Polk & Co., 1965.
Ancestry.com. U.S., City Directories, 1822-1995
[database on-line]. Lehi, UT, USA: Ancestry.com
Operations, Inc., 2011.
Erickson, Orland J. and
Shirley E.
1967-19681 1Glendale City Directories, R.L. Polk & Co., 1967 and 1968.
Ancestry.com. U.S., City Directories, 1822-1995
[database on-line]. Lehi, UT, USA: Ancestry.com
Operations, Inc., 2011.
Sargent, Violet E. Worked at Better Drugs
(1970)1
1969-19711 1Glendale City Directories, R.L. Polk & Co., 1969-1971.
Ancestry.com. U.S., City Directories, 1822-1995
[database on-line]. Lehi, UT, USA: Ancestry.com
Operations, Inc., 2011.
Venegas, Joseph2,3 and
Lupe1
Venegas, Tina5
Venegas, Frank J.
Palmer, Lillian Ann
Perry, Michael A. and
Lupe 8
Tina was probably
Joseph’s daughter. She
was a Glendale High
School student in 1984.4
Machinist Operator,
Glenair Inc. (Joseph)2,3
Patricia Perry probably
the daughter of Michael
and Lupe, born in 1985.11
1972-2015
(family)1
19722-20025
(Joseph)
1986-2015
(Lillian)7
1987-1994
(Frank)6
1 According to neighbors, the Venegas, Lotz, Perry and
Palmer families were all related and resided in this
house from 1972-2015. They also once owned the
neighboring house at 1002 E. Harvard Street.
2 Glendale City Directories, R.L. Polk & Co., 1972.
Ancestry.com. U.S., City Directories, 1822-1995
[database on-line]. Lehi, UT, USA: Ancestry.com
Operations, Inc., 2011.
204 of 253
Perry, Patricia Yvonne
Johnson, Guadalupe
Victoria (same person
as Lupe Perry?)9
Lotz, Daniel and Sylvia
(née Venegas)
Lotz, Melody
1992-2010
(Daniel)5
199310-20079
(Perry &
Johnson)
2007-2019
(Sylvia)6
3 Glendale City Directories, R.L. Polk & Co., 1977.
Ancestry.com. U.S., City Directories, 1822-1995
[database on-line]. Lehi, UT, USA: Ancestry.com
Operations, Inc., 2011.
4 "U.S., School Yearbooks, 1880-2012"; School Name:
Glendale High School; Year: 1984. Ancestry.com.
U.S., School Yearbooks, 1900-1999 [database online]. Lehi, UT, USA: Ancestry.com Operations, Inc., 2010.
5 Mail delivered to current homeowner addressed to her.
6 Ancestry.com. U.S., Public Records Index, 1950-1993,
Volume 1 [database on-line]. Lehi, UT, USA:
Ancestry.com Operations, Inc., 2010.
7 Ancestry.com. U.S., Public Records Index, 1950-1993,
Volume 1 [database on-line]. Lehi, UT, USA:
Ancestry.com Operations, Inc., 2010.
9 Ancestry.com. U.S., Public Records Index, 1950-1993,
Volume 1 [database on-line]. Lehi, UT, USA:
Ancestry.com Operations, Inc., 2010.
8 Mail delivered to current homeowner addressed to this person.
10Ancestry.com. U.S., Public Records Index, 1950-1993,
Volume 1 [database on-line]. Lehi, UT, USA:
Ancestry.com Operations, Inc., 2010. Original data:
205 of 253
Voter Registration Lists, Public Record Filings,
Historical Residential Records, and Other Household
Database Listings.
11Ancestry.com. U.S., Index to Public Records, 1994-2019 [database on-line]. Lehi, UT, USA: Ancestry.com
Operations, Inc., 2020. Original data: Voter
Registration Lists, Public Record Filings, Historical
Residential Records, and Other Household Database
Listings.
Biergross, Christian
and Sylvia (AKA Sylvia
Bier)
Hairdresser (Christian)1 2008-20191 1Per current homeowners who purchased from them. 206 of 253
1906 clipping from Glendale News showing Asa Fanset
as a Board of City Trustees member upon Glendale’s founding. “Glendale’s Incorporation – Growth – Municipal Officers.” Glendale News, 1906, p. 10. Internet Archive, https://archive.org/details/cgl_001444/page/n9/mode/2up. 207 of 253
1911 clipping from Los Angeles Times likely documenting the sale of 116 W. Fifth Street (now 1006 E. Harvard St.)
to Asa Fanset
"Long-Spanning Steel Bridge: Southern Pacific Building Big Bascule Here; Structure Can Be Opened in Fifty Seconds; California Encircles World After Visitors." Los Angeles Times (1886-1922), May 07, 1911, pp. 1. ProQuest, https://www.proquest.com/historicalnewspapers/long-spanning-steel-bridge/docview/159655634/se-2?accountid=11124. 208 of 253
Obituary for Asa Fanset from Los Angeles Times in 1915
“Dies at Glendale.” Los Angeles Times, 16 Jan. 1915. ProQuest, https://www.proquest.com/historical-newspapers/obituary-3-notitle/docview/160072075/se-2?accountid=11124.
Clipping from Glendale Evening News in 1920, showing John Fanset as “Exalted Ruler” of Glendale Elks Lodge.
“New Officials of Glendale Lodge No. 1289, B.P.O.E.” The Glendale Evening News, April 7, 1920, p. 4. Internet Archive,
https://archive.org/details/cgl_004045/page/n3/mode/2up?q=fanset.
R d it r i ht
Obituary 3 -- No Title
Los Angeles Times (1886-1922);
209 of 253
Clipping from Glendale Daily Press in 1922 describing Asa Fanset’s appointment as Glendale Postmaster as “one of
the cleverest feats of local politics of the generation.” “Postoffice Facts Given by Historian.” Glendale Daily Press, 9 Jan. 1922. Internet Archive, https://archive.org/details/cgl_001709. 210 of 253
211 of 253
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213 of 253
Photographs of 1006 E. Harvard Street, September 2022
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Detail: Bracket
217 of 253
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Garage and Back Yard
219 of 253
Built-In
220 of 253
Pocket doors
221 of 253
Fireplace; textured plaster walls and ceiling
222 of 253
Mills Act Contract Application (revised 10/2010) 1
Case No. ___________________
The deadline for submitting an application for a Mills Act contract is July 31st to ensure recordation by December 31st. Applications will be accepted after that date, but the Planning Division cannot guarantee that the contract will be recorded by year’s end.
Note: Glendale’s Mills Act program policy is expected to change in 2013/14. Contact the Preservation Planner at the number noted above to discuss the changes being considered before submitting your application.
Please PRINT or TYPE all information
Date ______________________
1. Property Owner(s) ___________________________________________________________________________________________
2. Property Address (include all addresses associated with the property) _____________________________________________________________________________________ Zip Code ___________________
4. Assessor’s Parcel Number(s) _________________________________________________________________________________
5. Complete Legal Description (MUST attach a copy of Grant Deed/Exhibit A containing Legal Description) Tract _____________________________________________________ Block _____________________________________________________ Lot(s) ______________________________________________________
4. Owner Information
Mailing Address (if different from above) _____________________________________________________________________ City _____________________________________________________________ State ________ Zip Code ______________________ Phone ______________ EMAIL _____________________________________________
MILLS ACT CONTRACT
Mills Act Property Tax Reduction Contracts are only available for owners of properties listed on the Glendale Register of Historic Resources. Applications can be processed concurrently with Glendale Register nominations or independently for properties already listed on the Register. Contact the Historic Preservation Planner at (818) 548-2140 for information about the Mills Act fee or any other issues. 11/7/2022
Kenneth S. Simon and Kelly L. Tyler, Trustees of the Simon-Tyler Family Trust Dated October 19, 2011, and any amendments thereto 1006 E. Harvard Street 91205
5674-015-005
Wright and Callenders Wrightlands
A
5 223 of 253
Mills Act Contract Application (revised 10/2010) 2
5. Is the property listed on the Glendale Register of Historic Resources? Yes ___________ No ___________ If yes, Date Listed ________________ If not, date scheduled to be on HPC’s agenda ______________________
6. Work Plan. List any proposed or anticipated work that will be done to the property over the next ten years.
For example: 2011 - new roof; 2011 - upgrade electrical. (Attach a separate page, if necessary) All Property Owners MUST Sign This Application:
1. ___________________________________________________ 2. ___________________________________________________ Property Owner’s Name – Please Print Property Owner’s Name – Please Print ___________________________________________________ ___________________________________________________ Property Owner’s Signature/s Property Owner’s Signature/s ___________________________________________________ ___________________________________________________ Date Date
3. ___________________________________________________ 4. ___________________________________________________ Property Owner’s Name – Please Print Property Owner’s Name – Please Print ___________________________________________________ ___________________________________________________ Property Owner’s Signature/s Property Owner’s Signature/s ___________________________________________________ ___________________________________________________ Date Date
FOR STAFF USE ONLY
Date received in Permit Services Center ___________________ Received by ____________ Date Stamp Fee paid _______________ Receipt No. _________________
X
pending
2023 - repave driveway
Kenneth Simon Kelly Tyler
11/7/2022 11/7/2022
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State of California ‐‐ The Resources Agency
DEPARTMENT OF PARKS AND RECREATION
PRIMARY RECORD
Primary #
HRI #
Trinomial
2017 NRHP Updated Status Code 5S3
Other Listings