Agenda packet — Glendora City Council, April 23, 2024 (part 2 of 2)

Revised September 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 POLICY
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org
Additional Dwelling Units and Residential Lot Splits
The State of California enacted Senate Bill 9 (SB 9) to provide new pathways to homeowners to create additional dwelling units on property zoned for single family development. It allows up to four (4) dwelling units on eligible single family lots. SB 9 also allows the original single family lot to be split into two roughly equal lots; however, the total number of units on both lots combined, cannot exceed four (4). Importantly, SB 9 does not require a lot to be split, but it is an allowed option subject to standards.

SB 9 is not a pathway to getting eight (8) dwelling units through a lot split. There are additional criteria, but in summary, lots eligible for additional units under SB 9 must:
a. be zoned for Single Family Residential (R-1, E-3, E-4, E-5, E-6, E-7 and RHR). b. be located outside of Very High Fire Hazard Severity Zones unless fully mitigated and served by a City-standard street of at least 26’ in width.
c. be located outside of the Historic Preservation Overlay Zone and not designated a historic property.

Undeveloped lots are ineligible to be split; however, a lot split off from an occupied lot may be undeveloped e.g., the lot split is not contingent on the lot being created having plans for additional dwelling units. Any lot proposed for a lot split must be owner occupied, the owner of record must be the applicant, and the owner/applicant must sign an affidavit to live on the property for three (3 years from time of application. A lot may only be split under SB 9 only once. The SB 9 application must not require demolition of affordable housing for persons or families of moderate, low, or very low incomes; rentcontrolled housing; and/or housing which has been occupied by a tenant in the last three years.

Definitions
Accessory Dwelling Units (ADUs) may be used and rented as full-time living quarters and may be a detached accessory building or attached to the main residence. Guest Houses and Accessory Dwelling Units are also allowed in all single-family residential zones subject to the requirements of Glendora Municipal Code.

Lot Split means dividing one eligible, single-family zoned lot into two lots subject to the provisions of SB 9 and this policy. It is used synonymously with “urban lot split” and SB 9 lot split.” Primary Dwelling Unit is the main residential dwelling unit on a single-family lot. It is subject to all development standards for the lot; however, standards shall not preclude the construction of an 800 square foot Primary Dwelling Unit.

SB 9 Units are additional dwelling units, homeowners in a single-family zoning district may be eligible to construct under the provisions of SB 9 subject to standards. There may be up to one primary and one secondary SB 9 unit per lot (if split, this is four total). They may be attached or detached. No more than two SB 9 units are allowed per parcel.

Secondary Dwelling Unit (SB 9 Unit) is a second, residential unit authorized under SB 9.

Single Family Residence (SFR) is a dwelling intended for one household.

Single Family Residential Zones are the R-1, E-3, E-4, E-5, E-6, E-7 and RHR.

Item #6. Page 107
Meeting Date: 4/23/2024 / Packet Page #: 241

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Revised September 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 POLICY
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org
Disclosures
Property Taxes | Adding residential units and/or splitting your property may have property tax implications. Contact the Los Angeles County Assessor for guidance and more information regarding SB 9 tax implications.

Homeowner's Associations (HOA) | SB 9 does not require HOAs to approve or permit SB 9 units and/or lot splits. Please contact your HOA for approval before submitting an SB 9 application to the City.

Mortgages and other liens | Lot splits may impact the terms of mortgages and other loans against the property. The City is not responsible for lot splits or other development that violates the terms of any mortgages, deeds of trust, or loans encumbering the property. Contact your bank or mortgage holder for information regarding any lien terms against the property.

Preliminary SB 9 Lot Split Eligibility and Pre-application Checklist  Complete development and lot split application. Applicant must be the property owner.

Please see Glendora’s SB 9 Urban Lot Split Requirements for a full list of eligibility criteria and submittal requirements.

Additional SB 9 Units
 Applicant submits building permit application to Building Division  Property must be within an eligible single-family zoning district.  Must not be in a CalFire high or very high fire hazard severity zone unless fully mitigated.  Property must not be within a designated historic district or a designated historic landmark.  If demolition of an existing structured is proposed, it must not have housed a tenant in the last three years, and must not be subject to a recorded covenant, ordinance, or law that restricts rents to levels affordable to persons and families of moderate, low, or very low income. Applicant will be required to submit a complete SB 330 Residential Replacement Unit Determination Form if demolishing residential unit(s).
 See the Submittal Requirements Matrix & List for complete submittal requirements.

Additional Forms and Handouts can be found at:
www.cityofglendora.org/departments/community-development/planning-division/applications-documents www.cityofglendora.org/departments/community-development/planning-division/accessory-dwelling-unit. www.cityofglendora.org/home/showpublisheddocument/29281/638199318839670000 Item #6. Page 108
Meeting Date: 4/23/2024 / Packet Page #: 242

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Revised September 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 POLICY
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org
Possible SB 9 configurations on lots that are not split (Units may be attached or detached)
 Primary dwelling
 Primary dwelling, secondary dwelling
 Primary dwelling, JADU
 Primary dwelling, ADU
 Primary dwelling, ADU, JADU
 Primary dwelling, secondary dwelling, ADU
 Duplex (primary and secondary dwelling attached)
 Duplex (primary and secondary dwelling attached), ADU(s)  Primary dwelling, detached ADU(s), and JADU
 Quadplex (Primary dwelling, secondary dwelling, ADU, and JADU) Illustration 1: Possible SB 9 Configurations when Lot is Not Split (Any combination may consist of attached or detached units, not to scale) Item #6. Page 109
Meeting Date: 4/23/2024 / Packet Page #: 243

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Revised September 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 POLICY
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org
Possible SB 9 configurations on a lot created through a lot split  One primary dwelling
 One primary dwelling and one secondary dwelling
 Duplex (one primary and one secondary dwelling attached)  Primary dwelling with a JADU
 Primary dwelling with an ADU (attached or detached)
Illustration 2: Possible SB 9 Configurations on Lots Created through a Lot Split (The following configurations depict a post-split lot)
SB 9 Policy and Standards
SB 9 applications are not subject to public hearings. Glendora has enacted the following objective standards:

A. Location

1. Eligible zones. SB 9 lot splits and units shall be allowed, subject to limitations and standards, in the following zones:
a. R-1 (Single-family residential);
b. E-3, E-4, E-5, E-6 and E-7 (Single-family estate);
c. RHR (Rural hillside residential).

B. Eligibility

1. Applicant. Only an individual property owner may apply for an SB 9 split. This means a natural person holding fee title individually or jointly in the person’s own name or a beneficiary of a trust that holds fee title. This does not include any corporation or corporate person of any kind except for a community land trust or a qualified nonprofit corporation.

Item #6. Page 110
Meeting Date: 4/23/2024 / Packet Page #: 244

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Revised September 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 POLICY
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org

2. Ineligible Zones. All zoning districts not listed above, including the HPOZ, are ineligible for SB 9 applications. The property may not be in a State Historic Resources Inventory, or on a site designated as a city or county landmark or historic property or district.

3. Fire Zones. SB 9 applications shall not be approved in very high fire hazard severity zones unless the lot is served by a public or private street that meets City standards, and other fire mitigation measures as determined by Los Angeles County Fire, the Public Works Department, and the Building Official per applicable codes.

4. Flood Zones and Floodways. Sites in 100-year floodplains and floodways are ineligible for SB 9 applications unless a letter of map revision has been issued by FEMA or meets the minimum National Flood Insurance Program requirements as defined by FEMA.

5. Habitat for Protected Species. If the site is designated habitat for a protected species, it is ineligible for the provisions of SB 9.

6. Undeveloped Lots. Undeveloped lots (lots that are not improved with an existing single-family dwelling) are ineligible for SB 9 lot splits.

7. Ownership Affidavit. The applicant for an urban lot split must sign an affidavit, under penalty of perjury, stating that they intend to occupy one of the housing units as their principal residence for a minimum of three years from the date of the approval of the urban lot split. Perjury is a felony in the State of California.

C. General Standards

1. Lot Split. SB 9 eligible residential lots may be split into no more than two lots. The minimum lot size is 1,200 square feet and each lot must be between 40 percent and 60 percent of the original lot area.

2. An application for a lot split must conform to all applicable objective requirements of the Subdivision Map Act (Division 2 (commencing with Section 66410)), except as otherwise expressly provided for in SB 9.

3. Multiple and Adjacent SB 9 lot splits prohibited. Parcels created through a prior lot split under SB 9 shall not be further subdivided. Neither the owner of the parcel being divided nor any other person acting in concert with the owner shall have previously subdivided any adjacent parcel under this law.

4. Dwelling Unit Quantity. There shall be no more than two dwelling units on a lot created through an SB 9 lot split, with one designated as the Primary Dwelling Unit. There shall be no more than four dwelling units on a residential lot not created or part of an SB 9 lot split, with at least one of the dwelling units designated as the Primary Dwelling Unit. All additional dwelling units to the primary residential unit, regardless of if lot split or not, must be designated as either a Secondary Unit, ADU, or JADU.

5. Primary Dwelling Units. One SB 9 unit must be designated as the Primary Dwelling Unit per lot.

A Primary Dwelling Unit shall comply with the lot coverage, floor area ratio, open space requirements, height, front setback, and any other design standards of the underlying singleItem #6. Page 111 Meeting Date: 4/23/2024 / Packet Page #: 245

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Revised September 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 POLICY
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org
family residential zone, except that application of these standards shall not preclude the construction of a unit that is 800 square feet and maintains four-foot side and rear setbacks and is otherwise in compliance with all other design and development standards. If only one unit is proposed, it shall automatically be designated as the Primary Dwelling Unit.

6. Secondary Dwelling Units. A Secondary Dwelling Unit shall comply with the lot coverage, floor area ratio, single-story heigh limit, open space requirements, and any other design standards of the underlying single-family residential zone, except that application of these standards shall not preclude the construction of a Secondary Dwelling Unit that is 800 square feet and maintains three-foot side and rear setbacks and is otherwise in compliance with all other design and development standards.

7. Existing Unit Expansion. A Primary Dwelling Unit that was legally established prior to the SB 9 lot split and that is larger than 800 square feet, may not be enlarged within 800 square feet of the maximum FAR. If an existing Primary Dwelling Unit exceeds the allowable FAR, then the Primary Dwelling Unit may not be enlarged. Secondary Dwelling Units existing prior to a lot split may be expanded to up to 1,000 square feet, provided this amount does not exceed FAR for the totality of the structures. If FAR is exceeded, then existing Secondary Dwelling Units are limited to 800 square feet.

8. Accessory Dwelling Units. If an existing lot is not split under SB 9, then a Primary Dwelling Unit, Secondary Dwelling unit, ADU, and one JADU may be allowed under the provisions of this policy and Chapter 21.04.040 Accessory Dwelling Units. If a lot is split, then up to two dwelling units per lot are allowed, with one being the Primary Dwelling Unit. The second unit may be a Secondary Dwelling Unit, ADU, or JADU.

9. Demolition. The proposed lot split must not require the demolition or alteration of any of the following types of housing: housing restricted to affordable rent by a covenant, ordinance, or other law; housing subject to any form of rent or price control; or housing that has been occupied by a tenant in the last three (3) years. If any demolition of a residence is proposed, the applicant must complete the SB 330 Residential Replacement Unit Determination Form and Affidavit.

10. Utilities. Each dwelling unit on a resulting lot must have separate utility connections for water, sewer, and gas; provided that the city shall not require a separate utility connection between an accessory dwelling unit or junior accessory dwelling unit and the utility, or impose a related connection fee or capacity charge, for units located entirely within a Primary Dwelling Unit, unless the accessory dwelling unit or junior accessory dwelling unit was constructed with a new singlefamily home.

11. Easements. The City may require on-site easements for the provision of public services and facilities. The owner must enter into an easement agreement with each public-service provider to establish easements that are sufficient for the provision of public services and facilities to each of the resulting lots.

Item #6. Page 112
Meeting Date: 4/23/2024 / Packet Page #: 246

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Revised September 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 POLICY
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org
D. Development Standards

1. Attached or Detached. Primary Dwelling Units, Secondary Dwelling Units, and ADUs may be attached or detached.

2. Dimensions. SB 9-unit dimensional standards are provided in Table 2.

3. Architectural Consistency. Secondary Dwelling Units must match the existing Primary Dwelling Unit in exterior materials, color, and dominant roof pitch. The dominant roof pitch is the slope shared by the largest portion of the roof. If SB 9 units are being proposed for an undeveloped lot without a lot split, then the architecture style of the Primary Dwelling Unit shall adhere to a style found in the Glendora Municipal Code.

4. Parking. One off street parking space per SB 9 unit shall be required, outside of the required setbacks abutting a public or private street, according to the standards prescribed in Section

21.03.020 Off-street parking and loading, unless:
a. The parcel is located within a half mile walking distance of a high-quality transit corridor, or a major transit stop (see definitions in Public Resources Code Sections 21155 and 21064.3); or
b. There is a car share vehicle located within one block of the parcel. For Glendora, the only eligible transit facilities known are Metro’s “APU/Citrus” station and the future “Glendora” station. Parking relief for the “Glendora” station only applies once the station is in operation and accepting users.
c. If there is a combination of SB 9 units and ADUs, JADUs, the parking requirement for each classification of unit shall be according to the standards for that unit in the Glendora Municipal Code.

5. Access. New parcels must have vehicular and pedestrian access to, provide access to, or adjoin the public right-of-way.

6. Driveways. A driveway of at least eight (8) feet in width, with adequate access easement, required for lots that do not have public or private street frontage (Driveway may be required to be 20 feet in width if necessitated to meet fire code).

7. Entrances. Each SB 9 unit shall have its own, separate entrance.

8. Usable Open Space. Each SB 9 development shall provide a minimum of 200 square feet of usable on-site open space per residential unit and no dimension less than 10 feet, subject to the following standards:
a. The usable open space may be comprised of common open space shared by more than one residential unit or private open space for the exclusive use of the residents of one (1) unit.
b. Common open space at the ground level shall have a minimum area of 200 square feet and no dimension less than fifteen feet.

Item #6. Page 113
Meeting Date: 4/23/2024 / Packet Page #: 247

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Revised September 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 POLICY
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org
c. Parking facilities, driveways, and service areas are not usable open space. d. The required area of open space can only be reduced by the amount necessary to have minimum SB 9 units if the lot area is too small to otherwise accommodate this standard. e. Any required setback abutting a public or private street shall not count toward meeting the usable open space requirement.

9. Permanent Structures. SB 9 units shall be permanent structures and meet all applicable standards in the adopted Building Code.

10. Accessory Dwelling Units and Junior Accessory Dwelling Units (ADUs and JADUs): Residential properties not invoking the lot split provision of SB 9, are still eligible for an accessory dwelling unit (ADU) and junior accessory dwelling unit (JADU) subject to the standards provided in §21.04.010.D.5, §21.04.010.D.4, and §21.03.020.K of the Glendora Municipal Code.

11. Rural Hillside Residential Zone (RHR): In the RHR zone, the Primary Dwelling Unit shall comply with all standards in the RHR zone as prescribed in §21.04.010, §21.04.030, and §21.A.A.

12. Fire Mitigation. A lot in very high fire hazard severity zone must comply all required fire mitigation measures including the following:
a. Must have direct access to a public right of way with a paved street that meets City standards and there must be at least two points of access meeting minimum standards for first responders to access and for residents to evacuate. b. All dwellings on the site must comply with current fire code requirements for dwellings in very high fire hazards severity zones.
c. Other conditions and requirements as may be required by the Los Angeles County Fire Department.

13. Building Safety. All structures built on lots and resulting lots must comply with all current local building standards.

14. Nonconforming Zoning Conditions. As a condition for ministerial approval of a parcel map application for the creation of an urban lot split, the correction of nonconforming zoning conditions shall not be required.

15. Denial. The City may deny an urban lot split if the Building Official makes a written finding, based upon a preponderance of the evidence, that the proposed housing development project would have a specific, adverse impact, as defined and determined in paragraph (2) of subdivision (d) of Section 65589.5, upon public health and safety or the physical environment and for which there is no feasible method to satisfactorily mitigate or avoid the specific, adverse impact.

16. Compliance with SB 9. This policy is intended to fully comply with the requirements of SB 9.

Where this policy may be silent, and/or where a conflict may occur, the minimum standards and limits of SB 9 shall prevail or apply. Development standards in this policy shall not be applied to preclude the construction of an 800 square foot Primary or Secondary Dwelling Unit.

17. Variances Prohibited. Unless superseded by State Law, the granting of variances for relief from any development standard or requirement for any permit under SB 9 is prohibited.

Item #6. Page 114
Meeting Date: 4/23/2024 / Packet Page #: 248

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Revised September 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 POLICY
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org
E. Conveyance and Leasing

1. Separate Fee-Simple Conveyance. Primary or Secondary Dwelling Units on the same lot shall not be sold or conveyed by fee simple, separately.

2. Short-term Rentals Prohibited. Any dwelling unit on a lot where an SB 9 application has been invoked shall not be rented for a period less than 31 days.

3. Deed Restriction. The owner must record a deed restriction, acceptable to the City, that does each of the following:
a. Expressly prohibits any rental of any dwelling on the property for a period of less than 31 days.
b. Expressly prohibits any non-residential use of the lots created by the urban lot split. c. Expressly prohibits any separate conveyance of a dwelling unit sharing a lot. d. States that the property is formed by an urban lot split and is therefore subject to the City’s urban lot split regulations, including all applicable limits on dwelling size and development, and is ineligible for further lot splits.

F. Application Required

1. SB 9 Dwelling Units
a. Processed as a building permit subject to residential Submittal Requirements Matrix & List and Certification.
b. A second story primary residence requires a minor Development Plan Review.

2. Lot Split
a. Subject to Lot Split Checklist and fee.
b. Subject to SB 9 urban lot split requirements.
c. Offsite improvements shall not be required for urban lot splits.

Item #6. Page 115
Meeting Date: 4/23/2024 / Packet Page #: 249

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Revised September 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 POLICY
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org
Table 2: Dimensional Standards Summary
Primary
Dwelling Unit
Standards
Maximum Size Maximum square footage allowed under FAR, minus 800. For example:

FAR 35%.

Lot Size: 9,000 square feet.

Equation: 3,150 - 800 = 2,350.

Maximum Unit Size: 2,350 square feet.

Existing Primary Dwelling Units that are larger than the maximum FAR shall not be enlarged.

Does not include up to 400 sf of a parking garage.

Setbacks Street Front: minimum required in the zone.

Side. 4 feet.

Rear: 4 feet.

If a lot has no street frontage, then all setbacks shall be 4 feet.

Height Maximum: 25 feet and one-story. Second stories may be permitted subject to approval of a Development Plan Review application.

Secondary Dwelling Unit
Maximum Size 1,000 square feet.

Does not include up to 400 sf of a parking garage.

Setbacks Side: 3 feet.

Rear: 3 feet.

If a lot has no street frontage, then all setbacks shall be 3 feet.

Height One story; 16 feet.

Both units
Usable Open Space 200 square feet of usable open space is required per unit; however, may be reduced by only the amount necessary to accommodate at least minimum SB 9 units and required parking.

Unit Size An SB 9 Unit shall comply with all development standards, except that the application of those standards shall not preclude the construction of a unit that is 800 square feet in size.

Lots
Minimum size 1,200 square feet subject to not exceeding 60:40 ratio.

Proportionality Neither new parcel may be smaller than 40% of the lot area of the original parcel being divided.

Configuration There are no other limits on lot shape or configuration.

Item #6. Page 116
Meeting Date: 4/23/2024 / Packet Page #: 250

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Revised June 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 URBAN LOT SPLIT REQUIRMENTS
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org
General Information
SB 9 eligible residential lots may be split into no more than two lots. The minimum lot size is 1,200 square feet and each lot must be between 40 percent and 60 percent of the original lot area. An application for a lot split must conform to all applicable objective requirements of the Subdivision Map Act (Division 2, commencing with Section 66410), except as otherwise expressly provided for in SB 9.

Lot Split means dividing one eligible, single-family zoned lot into two lots subject to the provisions of SB 9 and the City’s SB 9 Policy Framework. Policy. It is used synonymously with “urban lot split” and SB 9 lot split”. The SB 9 Policy Framework provides detailed information on the Possible SB 9 Configurations on Lots created by an Urban Lot Split.

Applicants must retain the services of a Professional Land Surveyor licensed by the State of California to prepare the Urban Lot Split Map (Parcel Map) and documents required for the lot split. See Detailed SB 9 Lot Split Requirements below. In addition, a grading and drainage plan or a drainage plan prepared by a Registered Civil Engineer licensed by the State of California will be required if more than 50 cubic yards of soil, cuts or fills greater than one foot in depth, or drainage issues will be generated by the SB 9 development.

Disclosures
Property Taxes | Contact the Los Angeles County Assessor for guidance and more information regarding SB 9 tax implications before submitting an application to the City.

Homeowner's Associations (HOA) | SB 9 does not require HOAs to approve or permit SB 9 units and/or lot splits. Please contact your HOA for approval before submitting an SB 9 application to the City.

Preliminary SB 9 Lot Split Eligibility
 Complete a Planning Application for “Tentative Parcel Map/Lot Split”. The applicant must be the property owner.
 Applicant must agree by submission of a sworn affidavit, to live on property for three years from the date of approval of the lot split application.
 Property must be within an eligible single-family zoning district.  Property must have at least one residence on it.
 Property may only have residential uses on it.
 Lot split cannot result in any parcel with more than two units on it.  Each resulting parcel must be at least 1,200 sf and must be at least 40% of the size of the original parcel.
 Each resulting lot must have access to the right of way.  Property must not be in a CalFire very high fire hazard severity zone unless fully mitigated and served by a city-standard width public or private street of at least 26 feet in width.  Property must not be within a designated historic district or a designated historic landmark.

Item #6. Page 117
Meeting Date: 4/23/2024 / Packet Page #: 251

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Revised June 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 URBAN LOT SPLIT REQUIRMENTS
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org
 If demolition of an existing structured is proposed, it must not have housed a tenant in the last three years, and must not be subject to a recorded covenant, ordinance, or law that restricts rents to levels affordable to persons and families of moderate, low, or very low income.  Must have “will serve” letters proving public utility service is available at time of application along with any required utility easements.
 Must show all existing and proposed easements on development plans.  Property must not have been part of a previous SB 9 lot split.  There must be access provided from all lots to the nearest public right-of-way.  Shall not be adjacent to a parcel that was previously subdivided through an urban lot split by the owner of the parcel on which the urban lot split is proposed or any person acting in concert with the owner.
 Proof that the existing lot is a legal lot under the Subdivision Map Act – if not, the applicant will have to go through the Certificate of Compliance process.

SB 9 Urban Lot Split Parcel Map General Requirements
This information is for the Licensed Land Surveyor who will be preparing the Map. The surveyor must prepare a complete and formal submittal for checking. The map will be checked by the consultant City Land Surveyor and the City Land Development Engineer.

After approval by the City, the applicant or his surveyor will have to submit the Map to the County of Los Angeles Department of Public Works Land Development Division for their review and processing for filing of the map. The County will charge fees for their map processing and filing with the County Recorder.

SB 9 Urban Lot Split Fee
Applicant pays the Tentative Parcel Map/ Lot Split fee of $4,006.00 (Planning Fee P-48).

Detailed Requirements for SB Lot Split Parcel Map

1. The surveyor will obtain the Parcel Map number for the Urban Lot Split from the County of Los Angeles Department of Public Works Land Development Division.

2. Submit the original tracings to the City for final review after completion of all reviews and when instructed [SMA 66434(a)].

3. With the SB9 Lot Split Appllication, submit the Parcel Map for the proposed SB9 Lot Split and a site plan drawn to scale showing proposed buildings, all existing buildings, existing property lines, proposed property lines, and easements. The site plan must show the dimensions from the existing (and any proposed) buildings to the proposed property lines.

4. Trim the Mylar(s) to- 18" by 26" overall with a blank 1" margin on all sides. The Mylar(s) will be measured [SMA 66434(b)].

5. Ink must be black (no grayscale), opaque, and permanent in nature. All required certificates should be stamped or printed with black, opaque, and permanent Ink. Execute signatures with extra-fine point black marker or 1.0 mm, black, gel-roller ball pen (NO BALL POINT PENS). All printed information must be on the front side of the Mylar.

6. The minimum size of all text must be 0.10", Arial 10.5 point, or similar; do no overlap or obscure text; use only black, solid lettering; no shadow text; no ghost text; no block outline text.

Item #6. Page 118
Meeting Date: 4/23/2024 / Packet Page #: 252

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Revised June 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 URBAN LOT SPLIT REQUIRMENTS
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org

7. Prepare the map at a scale that clearly shows all delineated line work, labels, dimensioning, and text. The map must be clearly readable for referencing and retracement in perpetuity by all professionals after recordation and digital archiving by the County.Show/correct map scale and/or detail scale (CC 21.44 Part 2). Use engineering scale measurements, not architectural.

8. Show north arrow with proper angular orientation to the drawing (CC 21.44.140).

9. Correct all spelling errors and activate the "Spell-Check" tool on your CAD application.

10. Show Sheet X of XX Sheet(s) beginning with the title sheet first (CC 21.44 Part 2).

11. Provide a 3" across by 4" down rectangular space for the Recorder in the upper right corner of Sheet 1 of the map.

12. Show title on all sheets: Parcel Map No. XXXXX in the City of Glendora, County of Los Angeles, State of California (CC 21.44 Part 2).

13. Show/correct the subtitle (legal description) on the map and/or on the preliminary subdivision report/guarantee.

14. Use only formal language/verbiage throughout the title sheets. Spell-out all words; no abbreviations except in legal names/titles.

15. Show/correct distinctive border on the front side of the Mylar inside the boundary of new parcels being created. Show distinctive border on details and throughout the map sheets. Do not obliterate or obscure any figures, lines, or text. Use solid, bold line style with equidistant, solid circles tangent to the border.

16. Show/correct distinctive border legend on the title sheet or on every mapping sheet. Place near the top of each sheet.

17. Show/correct recorded conveyance deed references and recorded map references for exterior boundaries of the parcel map except where an exterior boundary abuts a dedicated public street.

Certificates of Compliance do not convey fee title interests.

18. Provide a copy of the dedication document as noted where the exterior boundary abuts a dedicated public street.

19. Label "NOT A PART OF THIS SUBDIVISION" for areas not included in the exterior boundary as necessary.

20. Show references to adjoining sheets and compare duplicated information on adjoining sheets (CC

21.44 Part 2).

21. Submit complete, full-size, legible copies of all deeds, field book pages, and other documents/information references shown on the map and needed to interpret references on the map. The recorded/filed/indexed numbers (book and page) must be clearly visible. Copies of Corner Records must include both pages; reductions, partial copies, and illegible text are not acceptable.

22. Show/correct/state method of establishment of all public street centerlines, boundary lines, parcel lines, easement lines, and/or corners on the map. Cite references of recorded/filed evidence where noted.

23. Submit sketch/drawing and traverse calculations of establishment method of easement(s) originating outside the boundary.

Item #6. Page 119
Meeting Date: 4/23/2024 / Packet Page #: 253

Page 4 ends

Revised June 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 URBAN LOT SPLIT REQUIRMENTS
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org

24. Submit sketch/drawing, traverse calculations, dimensioning, and point# locations clearly indicating proportionate measurement methods, references, and calculations.

25. Correctly label archived locations of every field book reference: CITY ENG. F.B.; CITY ENG. T.B. (Tie book); COUNTY ENG. F.B; L.A. CO. P.W.F.B.; L.A. CO. R.D.F.B.; L.A.C.F.C.D. F.C.; L.A. CO.

C.S.F.B.

26. Comply with all State law provisions when using/referencing the California Coordinate System.

27. Show/correct basis of bearing note. Place under the Surveyor's/Engineer's Statement.

28. Comply with the monument requirements of the County Engineer and CC Chapter 21.20 for all monuments.

29. Label every found monument with a recorded/filed reference or state "NO REFERENCE". On every monument, cite the LS#, RCE#, or agency name shown on the tag/washer or cite "NO WASHER", "NO TAG", and/or "NO #". Every untagged boundary control monument and untagged centerline tie monument must be tagged. In a city, the filing of centerline tie notes shall be coordinated through the city engineer. In unincorporated areas, Comer Records must be filed with the County Surveyor.

30. Describe, clearly and thoroughly, the details of every monument found or set. Every iron pipe, found or set, must cite the depth/height above/below surrounding grade. Points falling on maintenance holes (manholes) shall describe the type of maintenance hole such as SSMH for sanitary sewer maintenance hole or SDMH for storm drain maintenance hole.

31. Every monument set at an offset to perpetuate a record point or found at an offset from the record point must have clearly label bearings and distances along each tie line from the record point to the offset monument; dimension perpendicular offsets from boundary lines or prolongations of boundary lines (Reference the County Surveyor's Monument Requirements.)

32. All monuments must be set, inspected, and approved before submittal for legislative body approval.

Boundary comer monuments and centerline monuments on dedicated/offered interior streets may be deferred after verified compliance with CC 21.20.060.

33. Request a monument inspection by signed letter from the map's surveyor to this office addressed to the County Engineer and stating that all monuments are set, ready for inspection, and comply with CC & SMA; include Comer Records and/or city tie notes.

34. Label all monuments approved for deferral as "TO BE SET"; modify the Surveyor's/Engineer's Statement accordingly.

35. Submit a copy of the posted monument bond receipt from the city for all approved, deferred monument settings.

36. Show/correct adjoining streets and/or widths and/or names. Clearly show transitioning by duplicating data/labels/line work.

37. Show/correct bearings and distances on all lines; use leader lines and leader arrows where necessary.

Item #6. Page 120
Meeting Date: 4/23/2024 / Packet Page #: 254

Page 5 ends

Revised June 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 URBAN LOT SPLIT REQUIRMENTS
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org

38. Show/correct curve data for every street centerline, street sideline, and property line comer returns.

Label the radial line bearings where noted. Label the radial line bearings at each delineated termini along non-tangent curves.

39. Show/correct parcel areas (both net and gross when appropriate) to the nearest square foot or 0.01 acre when over 3 acres.

40. Show correct and enclosed details. Details are required where dimensioning is not clearly visible at the sheet's scale. Enclose the detail, labels, and dimensioning in a bold, dashed, enclosure line style ( ).

41. Delineate/label/tie-in all city boundaries adjoining or crossing the parcel map boundary.

42. Traverses do not close within allowable limits of error. Reference the map sheets for specific areas.

43. Submit traverse closure calculations clearly showing/labeling the POB and location of each traverse, the sequence of courses, the bearing and length to close, the precision ratio, the length of the traverse, the error in latitude, the error in departure, and the angular error. Show lengths to the nearest 1/100 of a foot (0.01') and bearings to the nearest second of angle (O' 00' 00").

44. Provide traverse closure calculations within allowable limits of error (See map for specific area(s)).

Submit traverse closures for the following: a. Distinctive border; b. Centerline loops; c. Block loops; d. Parcels(s); and e. Not a part areas.

45. Verify centerline to sideline width and centerline to centerline width where noted on check print.

Always use leader lines where dimensioned width crosses any line.

46. The sum of parts does not equal the total where noted on check print.

47. Show/correct the Surveyor's/Engineer's Statement; LS/RCE signature must be dated: affixed seal must be legible, 1½" to 2" diameter Provide sufficient space to easily affix the seal with no overlap of data.

48. Complete/correct the title sheet as to Owner's Statement, dedications, offers, restrictions, etc.

Clearly delineate, dimension, and label all dedications on the map sheets.

49. Verify that the dedications and/or offers to the City as cited in the Owner's Statement are specifically accepted or rejected in the City Clerk's Certificate. Every easement offered or dedicated must be delineated and tied- out on the map sheet(s) and labeled with the same acceptance/rejection verbiage in the Owner's Statement.

50. The title sheet must agree with the preliminary subdivision report/guarantee with respect to owners, trustees, beneficiaries, easement holders, and interest holders. Need authority for the signatures of LLCs and corporations.

51. Show/correct signature omissions note(s). State verbatim from the recorded easement document the purpose/nature of every easement cited in the omission note(s) and on the map sheet. Verify 'indeterminate' or 'blanket in nature' designations. Have the preliminary subdivision guarantee revised accordingly.

52. Submit all public utility/public entity letters for every applicable signature omission to the City Engineer's office addressed to the City Council or submit a signed statement that State law has been met with respect to public utility/public entity signature omissions.

Item #6. Page 121
Meeting Date: 4/23/2024 / Packet Page #: 255

Page 6 ends

Revised June 2023

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
SB 9 URBAN LOT SPLIT REQUIRMENTS
Glendora Planning Division
116 E. Foothill Blvd.

Glendora, CA 91741
626-914-8214
www.cityofglendora.org

53. Show/correct/label every easement affecting the parcels and show ties to parcel lines. If easements are blanket, indeterminate, or within an area being dedicated for public street, so state in the signature omissions note.

54. Submit a preliminary subdivision guarantee dated within the last 90 days.

55. Complete/correct the title sheet with respect to signatures, seals, acknowledgments, and spelling.

56. Show/correct/label natural drainage course(s), flood hazard area(s), geological hazard area(s), and/or the accompanying note(s).

57. Show/correct street alternate section note on each sheet of map.

58. Show/correct Certificates. (City Engineer's, City Clerk's, Special Assessment's, County Engineer's, Tax Certificates (2), etc.)

59. Provide 2¼” diameter space to affix the County Seal next to the tax certificates and for any required City Seals next to the City Clerk's Certificate.

60. Tax clearance is required.

61. Submit bond estimate declaration signed by all owners of record.

62. Post the tax bond or other security as required.

63. Send a copy of the latest version of the final map to your title company and/or to the City Engineer for review.

Item #6. Page 122
Meeting Date: 4/23/2024 / Packet Page #: 256
Form Rev Jan 2022, v1
Glendora Planning Division
116 E. Foothill Boulevard
Glendora, CA 91741
626-914-8214 | 626-914-9053 fax
www.ci.glendora.ca.us

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT

OWNERSHIP AND CONSENT AFFIDAVIT
SB 9 Owner Applicant Affidavit (Must be Notarized)
This is to certify under penalty of perjury that the undersigned is/are the record owner(s) of the property known as:

Project Street Address_____________________________________________________________________________________ and
Assessor’s Parcel Number__________________________________________________________________________________ and
Legal Description (May Attach) ______________________________________________________________________________ agree(s) to the following:

1. The information presented is true and correct to the best of my knowledge.

2. Public Record. I understand that any information provided becomes part of the public record and can be made available to the public for review and posted to the city website.

3. Protected Housing. I certify that the project does not include the demolition or alteration of any of the following types of housing: (i) Housing that is subject to a recorded covenant, ordinance, or law that restricts rents to levels affordable to persons and families of moderate, low, or very low income; (ii) Housing that is subject to any form of rent or price control through a public entity’s valid exercise of its police power; (iii) A parcel or parcels on which an owner of residential real property has exercised the owner’s rights under Chapter 12.75 (commencing with Section 7060) of Division 7 of Title 1 of the Government Code to withdraw accommodations from 27 rent or lease within 15 years before the date that the development proponent submits an application; (iv) Housing that has been occupied by a tenant in the last three years.

4. No Prior Urban Lot Split. If an urban lot split is proposed, I certify that the parcel has not been established through prior exercise of an urban lot split; and that neither the owner of the parcel being subdivided, nor any person acting in concert with the owner, has previously subdivided an adjacent parcel using an urban lot split.

5. No Additional Future Urban Lot Splits: If an urban lot split is proposed, I the property owner acknowledge that no future lot splits or subdivisions of the property will be allowed.

6. Owner-Occupancy. If an urban lot split is proposed, I the property owner intend to occupy one of the housing units located on a lot created by the parcel map as my principal residence for a minimum of three years from the date of the recording of the parcel map.

7. Rental Terms. I understand that rental terms of any unit created by the project shall not be less than 31 consecutive days, nor shall rental terms allow termination of the tenancy prior to the expiration of at least one 31-day period occupancy by the same tenant.

8. Residential Uses. I understand uses allowed on a lot are limited to residential uses only.

That I/we agree to the above on my/our property for SB 9 processing by the City of Glendora. I/We declare under penalty of perjury that I/we have reviewed this Affidavit and the information furnished is true and correct.

Executed this _____ day of ____________, 20__ at ____________________________(city) California, under penalty of perjury of the laws of the State of California.

To be signed by all record owners:
_____________________________________ ___________________________________ Signature Print Name
_____________________________________ ___________________________________ Signature Print Name
For additional names, please use a separate sheet of paper.

Notary Must Be Attached When Application Submitted
Item #6. Page 123
Meeting Date: 4/23/2024 / Packet Page #: 257

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
ACCESSORY DWELLING UNIT | SB 9 SURVEY
Page | 1
Revised Mar. 2023
Glendora Planning Division
116 E. Foothill Boulevard
Glendora, CA 91741
626-914-8214
www.ci.glendora.ca.us
** To help reduce the number of resubmittals please submit the ADU | SB 9 survey at the time of your application ** Building Permit Number: ____________________ Address: _______________________________ Indicate application type and complete the applicable survey questions.

Application Type:
 ADU
 JADU
 SB 9
Accessory Dwelling Unit Questions
Construction Type: ADU Size:________SF
 Detached
 Attached
 Conversion
What is the intended use of the ADU?
 Housing for a family member or friend
 Housing for caretaker/employee
 Occasional use by guests
 Rental for extra income
Other:

Number of bedrooms? ______
How many persons will typically occupy the unit?
Will any rent be charged?
 Yes
 No
If yes, expected monthly rent: $
Junior Accessory Dwelling Unit Questions
What is the intended use of the ADU? JADU Size: ______SF  Housing for a family member or friend
 Housing for caretaker/employee
 Occasional use by guests
 Rental for extra income
Other: ______________
Number of bedrooms? ______
How many persons will typically occupy the unit?
Will any rent be charged?
 Yes
 No
If yes, expected monthly rent: $
Item #6. Page 124
Meeting Date: 4/23/2024 / Packet Page #: 258

CITY OF GLENDORA, COMMUNITY DEVELOPMENT DEPARTMENT
ACCESSORY DWELLING UNIT | SB 9 SURVEY
Page | 2
Revised Mar. 2023
Glendora Planning Division
116 E. Foothill Boulevard
Glendora, CA 91741
626-914-8214
www.ci.glendora.ca.us
SB 9 Unit Questions
SB 9 Application Type:
 Urban Lot Split
 Additional SB 9 Unit(s)
What is the intended use of the Urban Lot Split?
 Housing for a family member or friend
 Housing for caretaker/employee
 Occasional use by guests
 Rental for extra income
Other:

Secondary Unit Type: Secondary Unit Size:_____ SF
 Detached
 Attached
 Conversion
What is the intended use of the Additional SB 9 Units?
Housing for a family member or friend
 Housing for caretaker/employee
 Occasional use by guests
 Rental for extra income
Other:

Number of bedrooms? ______
How many persons will typically occupy the unit?
Will any rent be charged?
 Yes
 No
If yes, expected monthly rent: $
Will an additional dwelling unit be included?
 Yes
 No
ADU Type: ADU Size: SF
 ADU
 JADU
Construction Type:
 Detached
 Attached
 Conversion
What is the intended use of the ADU?
Housing for a family member or friend
 Housing for caretaker/employee
 Occasional use by guests
 Rental for extra income
Other:

Number of bedrooms? ______
How many persons will typically occupy the unit?
Will any rent be charged?
 Yes
 No
If yes, expected monthly rent: $ Total number of units: ____ Item #6. Page 125
Meeting Date: 4/23/2024 / Packet Page #: 259
An Ordinance amending the Glendora Municipal Code to bring into compliance with State law and streamline construction of ADU and SB 9 units consistent General Plan Housing Element (File # PLN23-0035) Community Development
City Council
April 23, 2024
Hans Friedel, AICP, Principal Planner CityOfGlendora.org Item #6. Page 126
Meeting Date: 4/23/2024 / Packet Page #: 260
Request
That the City Council

1. Find and determine that the Ordinance is exempt from the California Environmental Quality Act (CEQA); and

2. Introduce for first reading an Ordinance entitled: “An ordinance of the City Council of the City of Glendora, California amending certain sections of Title 21 (Zoning) of the Glendora Municipal Code to bring it into compliance with State law and streamline the construction of Accessory Dwelling Units and SB 9 units consistent with the City’s 6th RHNA Cycle (2021- 2029) General Plan Housing Element (File # PLN23-0035).”

3. Direct the preparation of a summary of the ordinance for publication pursuant to Govt Code 36933 and Resolution CC 2018-40.
2 Item #6. Page 127
Meeting Date: 4/23/2024 / Packet Page #: 261
Background
§ To alleviate the perceived housing production crisis, the State has limited local control over ADUs, JADUs, and SB 9 units
§ Glendora’s current ADU ordinance is out of compliance with State Law and has internal inconsistencies, making it confusing in places § Program 14: Accessory Dwelling Units (ADU) commits the City to amend the “ADU ordinance by the end of 2022 to be consistent with state law, including but not limited to, eliminating the limit on the number of bedrooms,” and developing “incentives and tools to facilitate ADU construction by December 2022.” 3 Item #6. Page 128
Meeting Date: 4/23/2024 / Packet Page #: 262
Background
§ Initially the City instituted an SB 9 policy, not an ordinance, at the direction of Planning Commission and City Council
§ The policy has been generally well received and has worked § Secondary SB 9 units and ADUs are treated similarly in our policy and code § Staff is incorporating relevant aspects of that policy into this proposed ADU update 4 Item #6. Page 129
Meeting Date: 4/23/2024 / Packet Page #: 263
Summary of Proposed Changes
§ Codifying and defining the City’s SB 9 policy regarding additional dwellings § A local code amendment to regulate lot splits will come later as they are much less frequently requested than additional dwelling units
§ Bringing ADU and SB 9 secondary unit standards into consistency with each other
§ Ensuring the code is otherwise internally consistent
5 Item #6. Page 130
Meeting Date: 4/23/2024 / Packet Page #: 264
Summary of Proposed Changes
§ Allowing for 1,200 square foot ADUs and SB 9 secondary units subject to objective standards, regardless of FAR and bedroom count, and the number and size of other accessory structures
§ Currently, California Government Code allows for an ADU to be no more than 1,200 square feet, and up to 1,000 square feet if featuring multiple bedrooms § Making the 4-foot side and rear setback already in place for residential universal for accessory structures and porches
6 Item #6. Page 131
Meeting Date: 4/23/2024 / Packet Page #: 265
Summary of Proposed Changes
§ Instituting a 25-foot height limit for all ADUs regardless of single (1) or two (2) stories
§ Allowing for two (2) story detached and attached ADUs. § State already allows two-story attached ADUs
§ Less lot coverage issues = more space for parking
§ Eliminating Development Plan Review for all secondstory construction within single-family residential zones 7 Item #6. Page 132
Meeting Date: 4/23/2024 / Packet Page #: 266
In Practice
8 Source: Darlene DiBenedetto, Southland Properties, 2023 Item #6. Page 133
Meeting Date: 4/23/2024 / Packet Page #: 267
9 Source: Google 2023
Item #6. Page 134
Meeting Date: 4/23/2024 / Packet Page #: 268
10 Source: Google 2023
Item #6. Page 135
Meeting Date: 4/23/2024 / Packet Page #: 269
11 Source: Google 2023
Item #6. Page 136
Meeting Date: 4/23/2024 / Packet Page #: 270
12 Item #6. Page 137
Meeting Date: 4/23/2024 / Packet Page #: 271
13 https://snapadu.com/blog/can-you-build-two-story-adu-san-diego/, 2023 Item #6. Page 138
Meeting Date: 4/23/2024 / Packet Page #: 272
14 https://snapadu.com/blog/can-you-build-two-story-adu-san-diego/, 2023 Item #6. Page 139
Meeting Date: 4/23/2024 / Packet Page #: 273
Recommendation
That the City Council

1. Find and determine that the Ordinance is exempt from the California Environmental Quality Act (CEQA); and

2. Introduce for first reading an Ordinance entitled: “An ordinance of the City Council amending certain sections of Title 21 (Zoning) of the Glendora Municipal Code to bring it into compliance with State law and streamline the construction of Accessory Dwelling Units and SB 9 units consistent with the City’s 6th RHNA Cycle (2021-2029) General Plan Housing Element (File # PLN23-0035).”

3. Direct the preparation of a summary of the ordinance for publication pursuant to Govt Code 36933 and Resolution CC 2018-40.
15 Item #6. Page 140
Meeting Date: 4/23/2024 / Packet Page #: 274
Thank You
16 Item #6. Page 141
Meeting Date: 4/23/2024 / Packet Page #: 275

CALL TO ORDER
The Successor Agency, Housing and Financing Authority meeting was called to order at 5:00 PM.

ROLL CALL
Members Present: Michael Allawos, Gary Boyer, Karen K. Davis, Mayor Pro Tem/Vice-Chair David J. Fredendall, Mayor/Chair Mendell Thompson
Members Absent: None
Also Present: City Manager/Executive Director Adam Raymond, City/Agency Attorney Danny Aleshire, Assistant City Manager Moises Lopez, Deputy City Manager Marie Ricci, Police Chief Matt Egan, Captain Chris Stabio, Captain Michael Randazzo, Public Works Director William Wittkopf, Assistant Director Michael Sledd, Finance Director/City Treasurer Kyle Johnson, Community Development Director Jeff Kugel, Housing and Economic Development Manager Valerie Velasquez, Recreation and Human Services Director John Aguirre, City Clerk/Communications Director Kathleen Sessman, Transportation Manager Steven Mateer, Principal Civil Engineer Maliha Ansari, Management Analyst Alycia Suniga, Senior Digital Media Specialist Greg Morton, Digital Media Specialist Craig Gill, and Deputy City Clerk/Records Manager Roxanne Breceda

CLOSED SESSION
Closed Session titles were read into the record.

1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS A closed session will be held, pursuant to Government Code §54956.8, enable the City Council and Housing Authority to give direction to its negotiator(s) Adam Raymond, Danny Aleshire, Moises Lopez, Jeff Kugel, and Valerie Velasquez regarding that certain real property 1762 Dale Road, APN 8631-013-023. The City’s real property negotiator will seek direction from the City Council regarding the terms.

2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS A closed session will be held pursuant to Government Code §54956.8, enable the City Council of the City of Glendora, property owner, to receive information form negotiator(s) Adam Raymond, Danny Aleshire, Moises Lopez, Jeff Kugel, and Valerie Velasquez regarding certain real properties APN 8655- 007-900, APN 8655-007-901, APN 8655-007-902 and APN 8655-021-900. The City’s real property negotiator will seek direction from the City Council regarding the disposition of the property.

City of Glendora Minutes
Regular Meeting
Tuesday, January 23, 2024
City Hall Council Chamber
116 E. Foothill Boulevard
Virtually via Zoom ID 9329247224
The City Council also serves as members of the Board of Directors of the Successor Agency, Housing and Financing Authority, which are concurrently convening this evening.

Item #7. Page 1
Meeting Date: 4/23/2024 / Packet Page #: 276
Minutes Tuesday, January 23, 2024 Page 2 of 6
City Council Meeting City Council, Successor Agency and Housing Authority

3. CONFERENCE WITH REAL PROPERTY NEGOTIATORS: A closed session will be held, pursuant to Government Code §54956.8, to enable the City Council to give direction to its negotiator(s) Adam Raymond, Danny Aleshire, Moises Lopez, Jeff Kugel, and Steven Mateer regarding that certain real property located at 1535 Heritage Place, Glendora 91740, APN 8643- 016-087. The City’s real property negotiator(s) will seek direction from the City Council regarding the terms for the acquisition of the property.

4. CONFERENCE WITH REAL PROPERTY NEGOTIATORS: A closed session will be held, pursuant to Government Code §54956.8, to enable the City Council to give direction to its negotiator(s) Adam Raymond, Danny Aleshire, Moises Lopez, Jeff Kugel, and Steven Mateer regarding that certain real property located at 349 E. Juanita, Glendora 91740, APN 8643-016- 55 and 8643-016-56. The City’s real property negotiator(s) will seek direction from the City Council regarding the terms for the acquisition of the property.

5. CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION A closed session will be held, pursuant to Government Code § 54956.9(d)(2) and (e)(1) because there is a significant exposure to litigation in one (1) case.

There was no one wishing to provide public comment on Closed Session items. Due to a conflict-ofinterest, Council Member Allawos recused himself from Closed Session item #5. The meeting was convened into Closed Session at 5:02 PM. Closed Session adjourned at 6:58 PM and the meeting was reconvened back into Open Session at 7:02 PM with all members present. City Attorney Aleshire reported the following Closed Session actions: Items 1-5 were discussed, an announcement made that There were no reportable actions taken.

INVOCATION AND PLEDGE OF ALLEGIANCE
The Invocation was given by Pastor Rio Martinez of Celebration Church.

The Pledge of Allegiance was led by Bob Kuhn.

HIGH SCHOOL STUDENT REPORTS
Student reports were presented by Charter Oak Student Representative Caroline Riggs, Glendora High School Student Representative Aiden Garcia, Whitcomb Student Representative Sylvan Ho, and a written report from Alexa Straite, Saint Lucy’s Priory representative was distributed and incorporated into the agenda under public comment.

REORDERING OF AND ADDITIONS TO THE AGENDA
Council Member Allawos requested that the agenda be reordered as follows: Member Agenda item #14 Discussion of Existing Sister Cities Programs and Possible Moka Delegation (Requested by Council Member Davis and Boyer) be discussed after #6 Public Comment. There were no objections.

PUBLIC COMMENT

6. Public Comment received
Item #7. Page 2
Meeting Date: 4/23/2024 / Packet Page #: 277
Minutes Tuesday, January 23, 2024 Page 3 of 6
City Council Meeting City Council, Successor Agency and Housing Authority Public Comments were received from the following: Bob Moore, Bob Kuhn, Erica Landmann, and Hannah Majidi.

MEMBER STATEMENTS/REPORTS
Council Member/Commissioner Allawos thanked the Chamber of Commerce; reported on the League of California Cities Transparency Committee platform; and update on hydrogen transportation.

Council Member/Commissioner Davis requested to adjourn the meeting in memory of Glendoran Lillian Aguirre.

Council Member/Commissioner Boyer commented on his visit to Nashville, Tennessee.

Mayor Pro Tem/Vice Chair Fredendall reported on the Los Angeles County Public Works core door, provided an update on the “new” parking signs being installed to address parking at 4:00 AM; thanked the Public Works Department for their work.

Mayor/Chair Thompson requested an update on Pompei Park from John Aguirre; commented on the Glendora High School Bandorama event; and thanked those who worked on that event.

CITY MANAGER AND CITY ATTORNEY STATEMENTS
City Manager/Executive Director Raymond provided an update on Dale Road; addressed public comment regarding Athens trash service; and an update to the Stone house, relocating staff to the location.

PUBLIC HEARINGS

7. A Public Hearing to Establish Preferential Parking District along Dale Road and South Vecino Avenue in accordance with the Ordinance No. 1776 and Glendora Municipal Code, Chapter

10.14 Item title was read into the record and the Public Hearing was declared open.

Staff report and PowerPoint was presented.

Public testimony was received from the following: Michael Lancey, Unknown, Erica Landmann (via Zoom); and unknown (via Zoom).

City Council discussion included an amendment request to standardize the restricted hours of the district to 2:00 AM to 4:00 AM in the proposed Resolution, Section 2; parking passes; impact of businesses and employees on parking in the residential area; and amending the established preferential parking district along Dale Road and Vecino Avenue.

Public Hearing was declared closed.

A motion was made by David J. Fredendall, seconded by Karen K. Davis, to 1. Adopt a Categorical Exemption pursuant to §15061(b)(3) of the California Environmental Quality Act Guidelines; 2. adopt a City Council Resolution CC 2024-01 entitled, “A RESOLUTION OF THE GLENDORA CITY Item #7. Page 3
Meeting Date: 4/23/2024 / Packet Page #: 278
Minutes Tuesday, January 23, 2024 Page 4 of 6
City Council Meeting City Council, Successor Agency and Housing Authority

COUNCIL ESTABLISHING A PREFERENTIAL PARKING DISTRICT ON DALE ROAD AND

SOUTH VECINO AVENUE FROM BONITA AVENUE AND LAXFORD STREET AND A PORTION OF BONITA AVENUE,” and incorporate the requested amendment in Section 2, “The restricted hours of the district shall be from 5:00 AM to 4:00 AM;” and, 3. Waive fees totaling $2,500 pursuant to the establishment of a preferential parking district along Dale Road and Vecino Avenue.” An oral roll call vote was conducted, and the motion carried 5 - 0 as follows: AYES: Michael Allawos, Gary Boyer, Karen K. Davis, David J. Fredendall, Mendell Thompson; NOES: None; ABSENT: None; ABSTAIN: None.

CONSENT CALENDAR
A motion was made by Karen K. Davis, seconded by Gary Boyer, to approved Consent Calendar Items #8 - #13 as presented affirming the actions appropriate to each item.

An oral roll call vote was conducted, and the motion carried 5 - 0 as follows: AYES: Michael Allawos, Gary Boyer, Karen K. Davis, David J. Fredendall, Mendell Thompson; NOES: None; ABSENT: None; ABSTAIN: None.

8. Affirm Minutes from the December 12, 2023 Special City Council meeting The City Council, Successor Agenda and Housing Authority affirmed the minutes as presented.

9. Grant of Access Easement to Metro Gold Line Foothill Extension Construction Authority at City owned properties (APN 8655-021-910 and APN 8655-021-911) The City Council 1. Authorized the City Manager, the City Clerk and the City Attorney to execute Grant of Access Easement Deed; 2. Adopted a City Council Resolution CC 2024-02 entitled: “A

RESOLUTION OF THE CITY COUNCIL AUTHORIZING THE CITY MANAGER, THE CITY

CLERK AND THE CITY ATTORNEY TO SIGN GRANT OF ACCESS EASEMENT TO CERTAIN PROPERTIES IN THE CITY OF GLENDORA, AS IDENTIFIED BY APN 8655-021-910 AND APN 8655-021-911”; and 3. Authorized the City Clerk to transmit documents to Metro Gold Line Foothill Extension Construction Authority for acceptance of Easement and recording purposes.

10. Grant of Utility Easement to Metro Gold Line Foothill Extension Construction Authority at CityOwned Property (APN 8655-019-900) The City Council 1. Authorized the City Manager, the City Clerk and the City Attorney to execute Grant of Utility Easement Deed; 2. Adopted a City Council Resolution CC 2024-03 entitled: “A

RESOLUTION OF THE CITY COUNCIL AUTHORIZING THE CITY MANAGER, THE CITY

CLERK AND THE CITY ATTORNEY TO SIGN GRANT OF UTILITY EASEMENT TO CERTAIN PROPERTY IN THE CITY OF GLENDORA, AS IDENTIFIED BY APN 8655-019-900”; and, 3.

Authorized the City Clerk to transmit documents to Metro Gold Line Foothill Extension Construction Authority for acceptance of Easement and recording purposes.

11. Award a Contract Agreement to Nobel Systems Inc. to provide Professional Services for Water System Management Software and Implementation in the amount of $164,670 Item #7. Page 4
Meeting Date: 4/23/2024 / Packet Page #: 279
Minutes Tuesday, January 23, 2024 Page 5 of 6
City Council Meeting City Council, Successor Agency and Housing Authority The City Council 1. Awarded a contract agreement to Nobel Systems to provide professional services for implementation of Geographic Information System in the amount of $149,700 with a 10% contingency in the amount of $14,900 for a total amount of $164,670 with three years contract terms; and 2. Authorized the City Manager or his designee to execute the agreement with Nobel Systems Inc. and extensions including minimal and/or non-substantive changes.

12. Second Reading and Adoption of Ordinance 2084 Adding Section 13.18 of the Glendora Municipal Code Establishing the Safe Streets Program
The City Council adopted on second reading Ordinance 2084 entitled, “AN ORDINANCE OF THE CITY COUNCIL ESTABLISHING THE SAFE STREETS PROGRAM.”

13. City of Glendora and Glendora Successor Agency Investment Report for December 2023 The City Council received and filed the Monthly Investment Activity Report for December 2023.

MEMBER AGENDA ITEMS

14. Discussion of Existing Sister Cities Programs and Possible Moka Delegation (Requested by Council Members Davis and Boyer)
A request was made to take action on the two Sister Cities Program separately, motion was made by Gary Boyer, seconded by Mendell Thompson. There were no objections.

In regard to the City’s participation in the Sister Cities Association, a motion was made by Gary Boyer, seconded by Karen K. Davis to 1) Appoint Council Members Boyer and Davis to participate and represent the City Council on the Glendora Sister City Association and authorize the participation of any necessary staff; and 2) Directed staff to return to City Council with an update in March 2024.

In regard to the City’s participation in the Moka Japan 70th Anniversary Trip, a motion was made by Gary Boyer, seconded by David J. Fredendall to approve a budget in the amount of $50,000 for the Moka Japan 70th Anniversary Celebration Trip and directed staff to make the necessary preparations.

NEW BUSINESS

15. Approve Amendment No. 1 to a Contract with Grigolla and Sons Co Inc for Concrete Repair Services in an amount not to exceed $250,000 annually for a Total Three-Year Contract Amount Not to Exceed $604,000
A motion was made by Karen K. Davis, seconded by David J. Fredendall, to 1. Approve Amendment No. 1 to a contract with Grigolla and Sons Co Inc for concrete repair services in an amount not to exceed Item #7. Page 5
Meeting Date: 4/23/2024 / Packet Page #: 280
Minutes Tuesday, January 23, 2024 Page 6 of 6
City Council Meeting City Council, Successor Agency and Housing Authority $250,000 annually for a total three-year contract amount not to exceed $604,000; and 2. Authorize the City Manager or his designee to execute the agreement including minimal and/or non-substantive changes.

MEMBER/STAFF CLOSING COMMENTS
City Manager/Executive Director announced the upcoming Joint City Council and Glendora Unified School District Board of Education meeting on January 30, 2024 and provided an update on cable HD broadcasting of City meetings.

ADJOURNMENT
Meeting adjourned at 9:01 PM in memory of Lillian Aguirre.

Kathleen R. Sessman, MMC
City Clerk/Communication Director
Minutes were approved on __________________.

Item #7. Page 6
Meeting Date: 4/23/2024 / Packet Page #: 281

CALL TO ORDER
The City Council, Successor Agency and Housing Authority was called to order at 5:00 PM.

ROLL CALL
Members Present: Michael Allawos, Gary Boyer, Karen K. Davis, Mayor Pro Tem/Vice-Chair David Fredendall, and Mayor/Chair Mendell Thompson
Members Absent: None
Staff Present: City Manager/Executive Director Adam Raymond, City/Agency Attorney Danny Aleshire, Assistant City Manager Moises Lopez, Deputy City Manager Marie Ricci, Police Chief Matt Egan, Captain Michael Randazzo, Public Works Director William Wittkopf, Finance Director/Treasurer Kyle Johnson, Community Development Director Jeff Kugel, Housing and Economic Development Manager Valerie Velasquez, Recreation and Human Services Director John Aguirre, Library Director Janet Stone, Information Technology Director Sam Robbin (via Zoom), Senior Planner Natalie Espinoza, Principal Planner Hans Friedel, Transportation Manager Steven Mateer, Management Analyst Alycia Suniga, Management Analyst Julie Linger, Digital Media Specialist Craig Gill, Senior Digital Media Specialist Greg Morton, City Clerk Specialist Lorena Cordova, and Deputy City Clerk/Records Manager Roxanne Breceda

CLOSED SESSION
Closed Session titles were read into the record.

1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS A closed session will be held pursuant to Government Code §54956.8, enable the City Council of the City of Glendora, property owner, to receive information from negotiator(s) Adam Raymond, Danny Aleshire, Moises Lopez, Jeff Kugel, and Valerie Velasquez regarding certain real properties APN 8655- 007-900, APN 8655-007-901, APN 8655-007-902 and APN 8655-021-900. The City’s real property negotiator will seek direction from the City Council regarding the disposition of the property.

2. PUBLIC EMPLOYEE APPOINTMENT A closed session will be held, pursuant to Government Code §54957, to consider the ratification of the City Manager’s appointment to the position of Police Chief.

3. CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION A closed session will be held, pursuant to Government Code § 54956.9 (d)(2) or (d)(3) & (e)(1) because there is a significant exposure to litigation in 92 cases.

City of Glendora Minutes
Regular Meeting
Tuesday, March 26, 2024
City Hall Council Chamber
116 E. Foothill Boulevard
Virtually via Zoom ID 9329247224
The City Council also serves as members of the Board of Directors of the Successor Agency, Housing and Financing Authority, which are concurrently convening this evening.

Item #7. Page 7
Meeting Date: 4/23/2024 / Packet Page #: 282
Minutes Tuesday, March 26, 2024 Page 2 of 5
Regular Meeting City Council, Successor Agency and Housing Authority There was no one wishing to provide public comment on the Closed Session item. The meeting was convened into Closed Session at 5:00 PM, Closed Session was adjourned at 6:47 PM and the meeting was reconvened back into Open Session at 7:03 PM with all members present. City/Agency Attorney Aleshire reported the following Closed Session actions: All three items were discussed and privileged and confidential briefings were given. There were no reportable actions taken.

INVOCATION AND PLEDGE OF ALLEGIANCE
The Invocation was given by Rev Karen Davis of First Christian Church.

The Pledge of Allegiance was led by Aiden Garcia.

HIGH SCHOOL STUDENT REPORTS

4. High School Student Reports

REORDERING OF AND ADDITIONS TO THE AGENDA
There were no requests received for reordering of and additions to the agenda.

PUBLIC COMMENT

5. Public Comments received
Public comments were received from the following: Marsha Mason, Glendora Chamber of Commerce President/CEO Joe Cina, and Athens Services Government Affairs Manager Sam Pena and Director of Government Services Denaee Amaya.

MEMBER STATEMENTS/REPORTS
Council Member/Commissioner Allawos reported on the League of California Cities Transparency Committee and San Gabriel Valley Council of Governments meetings, Assembly Bills 205 and 1999, requested a letter of support from the City for Assembly Bill 1999.

Council Member/Commissioner Boyer commented on the celebration of Pie Day at the Glendora Historical Museum; the Wine Walk in the Village; the recognition of Christina Keener as recipient of Assembly Woman Blanca Rubio’s 2024 Woman of the Year; the upcoming Easter Egg Hunt at Finkbiner Park and Gladstone Park; and provided an update on Proposition 1.

Council Member/Commissioner Davis commented on changes to the Easter Egg Hunt event due to weather and City Manager Raymond addressed comment.

Mayor Pro Tem/Vice-Chair Fredendall commented on picture with the Easter Bunny, having a great holiday season and being safe during Spring Break.

Student reports were presented by Charter Oak Student Representative Caroline Riggs, Glendora High School Representative Aiden Garcia, Saint Lucy’s Priory Representative Alexa Straite, and Whitcomb Student Representative Sylvan Ho.

Item #7. Page 8
Meeting Date: 4/23/2024 / Packet Page #: 283
Minutes Tuesday, March 26, 2024 Page 3 of 5
Regular Meeting City Council, Successor Agency and Housing Authority Mayor/Chair Thompson commented on the Wine Walk; recognized Employee Week; requested an update to addressed public comments relating to the new City logo; announced the upcoming Mayor’s Prayer Breakfast on April 24, 2024 at 7:00 AM and ticket availability; and wished everyone a week of faith and a safe Spring Break.

CITY MANAGER AND CITY ATTORNEY STATEMENTS
There were no statements or reports given.

SPECIAL ITEMS

6. Glendora Police Department Quarterly Update
Update was presented.

7. RAVE Alert - New Mass Notification System
Update was presented.

CONSENT CALENDAR
Following brief question associated with Item#10, a motion was made by Karen K. Davis, seconded by Gary Boyer, to approve Consent Calendar Items #8 - #12 as presented affirming the actions appropriate to each item.

8. Affirm the Minutes from February 27, 2024 and March 12, 2024 Regular City Council meetings The City Council, Successor Agency and Housing Authority affirmed the minutes as presented with a correction to the February 27, 2024 Regular City Council minutes the recognition of Recreation and Human Services Director Aguirre for being name Distinguished Citizen of the Year by San Gabriel Valley District Greater Los Angeles.

9. Notice of Completion for Bender Avenue, Carter Drive, Santa Fe Avenue, and Newburgh Street Water and Street Improvement Project – Plan No. 1327
The City Council 1. Approved and accepted the completion of the CDBG Bender Avenue, Carter Drive, Santa Fe Avenue, and Newburgh Street, Water and Street Improvement Project – Plan No. 1327, constructed by Dominguez General Engineering, Inc. of Pomona California; and 2. authorized the Mayor to sign the Notice of Completion for recordation.

10. Authorize the Purchase of Three Dodge Durango Police Interceptor Units from National Auto Fleet Group in an amount not to exceed $173,260.

The City Council authorized the Purchase of Three Dodge Durango Police Interceptor Units from National Auto Fleet Group, utilizing the Sourcewell cooperative purchasing agreement #091521-NAF, in an amount not to exceed $173,260.

Item #7. Page 9
Meeting Date: 4/23/2024 / Packet Page #: 284
Minutes Tuesday, March 26, 2024 Page 4 of 5
Regular Meeting City Council, Successor Agency and Housing Authority

11. City of Glendora and Glendora Successor Agency Investment Report for February 2024 The City Council, Successor Agency and Housing Authority received and filed the Monthly Investment Activity Report for February 2024.

12. Resolution Approving Acquisition of Permanent Easement Located at 349 East Juanita Avenue The City Council 1. Adopted City Council Resolution CC 2024-07 entitled, “A RESOLUTION

OF THE CITY COUNCIL APPROVING AND AUTHORIZING THE EXECUTION OF AN AGREEMENT FOR ACQUISITION OF A PERMANENT EASEMENT LOCATED AT 349 EAST JUANITA AVENUE (ASSESSOR PARCEL NUMBERS 8643-016-055, -056) FROM CHARLES MARTIKAN, JR. AND CATHERINE R. MARTIKAN & FINDING SUCH

ACQUISITION EXEMPT FROM THE REQUIREMENTS OF THE CALIFORNIA ENVIRONMENTAL QUALITY ACT;” and 2. Authorized the City Manager to execute the documents necessary to complete the acquisition of the property identified as APN 8643-016- 055, -056.

MEMBER AGENDA ITEMS

13. Sister City Update
Following a lengthy discussion and a recommendation from the City Manager, the City Council directed the City Manager to meet with each Council Member and subject to those conversations meet with staff and bring back at a later date. There were no objections.

UNFINISHED BUSINESS

14. Approve a contract with PlaceWorks, Inc. for technical planning assistance to develop a Glendora Station Area Vision Plan to build community consensus towards a preferred development scenario, make code recommendations, and provide model design standards in the form of a vision plan to accommodate housing in the area within the ½ mile radius around the Glendora Metro Station area for an amount not to exceed $179,977 plus a 10% contingency of $17,998 for a total not-to-exceed amount of $197,975 (Project # PLN22-0059) A motion was made by Karen K. Davis, seconded by Gary Boyer, 1. Approve a contract with PlaceWorks, Inc. for technical planning assistance to develop a Glendora Station Area Vision Plan to build community consensus towards a preferred development scenario, make code recommendations, and provide model design standards in the form of a vision plan to accommodate housing in the area within the ½ mile radius around the Glendora Metro Station area for an amount not to exceed $179,977 plus a 10% contingency of $17,998 for a total not-to-exceed amount of $197,975 (Project # PLN22- 0059); 2. Approve an increase in estimated revenues and supplemental appropriation in the amount of $197,975 to Fund 208 – Grant Funds; and 3. Authorize the City Manager or their designee to execute the agreement, including minimal and non-substantive changes.

Item #7. Page 10
Meeting Date: 4/23/2024 / Packet Page #: 285
Minutes Tuesday, March 26, 2024 Page 5 of 5
Regular Meeting City Council, Successor Agency and Housing Authority

NEW BUSINESS

15. Annual Report for the Business Improvement District and Consideration of a Resolution Announcing Intentions to Levy and Collect Assessments for Fiscal Year 2025 for the Glendora Village Business Improvement District
A motion was made by Karen K. Davis, seconded by Gary Boyer, to 1. Approve the FY 2024-2025 Business Improvement District Annual Report; and 2. Adopt City Council Resolution CC 2024-08 entitled, "A RESOLUTION OF THE CITY COUNCIL ANNOUNCING INTENTIONS TO LEVY AND COLLECT ASSESSMENTS FOR THE FISCAL YEAR 2024-2025 FOR THE GLENDORA

VILLAGE BUSINESS IMPROVEMENT DISTRICT AS PERMITTED BY THE PARKING AND BUSINESS IMPROVEMENT AREA LAW OF 1989 (CALIFORNIA STREETS AND HIGHWAYS CODE SECTION 36500 ET SEQ)."
An oral roll call vote was conducted, and the motion carried 5 - 0 as follows: AYES: Michael Allawos, Gary Boyer, Karen K. Davis, David J. Fredendall, Mendell Thompson; NOES: None; ABSENT: None; ABSTAIN: None.

16. 2023 General Plan Annual Progress Report and Housing Element Implementation Annual Progress Report
A motion was made by Karen K. Davis, seconded by David J. Fredendall, to receive and file the 2023 General Plan Annual Progress Report and the Housing Element Implementation Annual Progress Report.

MEMBER/STAFF CLOSING COMMENTS
Council Members wished everyone a Happy Easter.

Mayor/Chair Thompson reminded residents to be prepared for the upcoming rain this weekend.

City Manager Raymond announced that on Thursday City staff will be wearing jerseys to celebrate the Opening Day for Major League Baseball and encouraged everyone to visit City Hall.

ADJOURNMENT
Meeting adjourned at 9:17 PM.

Kathleen R. Sessman, MMC
City Clerk/Communication Director
Minutes were approved on __________________ .

Item #7. Page 11
Meeting Date: 4/23/2024 / Packet Page #: 286

STAFF REPORT
TO: CHAIR AND AGENCY MEMBERS DATE: APRIL 23, 2024
FROM: FINANCE DISTRICT(S): CITYWIDE
SUBJECT: CITY OF GLENDORA AND GLENDORA SUCCESSOR AGENCY INVESTMENT REPORT FOR MARCH 2024

RECOMMENDATION
That the City/Agency/Authority Council:

1. Receive and file the Monthly Investment Activity Report for March 2024.

STRATEGIC FOCUS AREAS
 Goal 2: Maintain Financial Stability and Sustainability (MFSS)

EXECUTIVE SUMMARY
The City’s book value of cash and investments for March 2024 totaled $117,586,732. This is a decrease of $2,157,683 (1.8%) compared to the previous month. The decrease is due to capital improvement project payments for the Bennett Avenue Water Main/Street project totaling $784,260, Louie Pompei Memorial Park enhancements totaling $711,050, Mauna Loa Ave Water and Street improvements totaled $526,800, as well as Finkbiner Park Phase 2 improvement totaled $248,460.

LEGISLATIVE HISTORY / PREVIOUS ACTIONS
Pursuant to Section 19 of the City’s FY 2023-24 Investment Policy, a monthly investment report must be provided to the City Council to provide a clear picture of the status of the current portfolio.

DISCUSSION
As prescribed in the Investment Policy for FY 2024, the attached investment report provides a listing of individual securities held at the end of the reporting period by authorized investment category, the average life and final maturity of all investments listed, coupon rate, discount or earnings rate, Par Value, Market Value and Book Value of each investment in the portfolio, including funds managed for the City by third parties.

There was one investment purchase (Limited Term Governmental Funds) for the month of March totaling $1,245,000; there was one security that matured at $245,000, and the City used its Limited Term Governmental Funds account (operates similar to a money market) in the amount of $2,200,000 towards the large payments mentioned above, resulting in neither a gain nor a loss.

FISCAL IMPACT
There is no fiscal impact associated with the recommended action.

ENVIRONMENTAL DETERMINATION
Not applicable.

Item #8. Page 1
Meeting Date: 4/23/2024 / Packet Page #: 287
Staff Report Page 2 of 2
Prepared By Shirley Feng, Senior Accountant
Concurs With Not Applicable
Reviewed By Kyle Johnson, Finance Director/City Treasurer Certified to Availability of Funds Kyle Johnson, Finance Director/City Treasurer Approved By Adam Raymond, City Manager
Legal Review Not Applicable
CEQA Review Not Applicable
ATTACHMENTS:

A. March 2024 Investment Report
Item #8. Page 2
Meeting Date: 4/23/2024 / Packet Page #: 288
Item #8. Page 3
Meeting Date: 4/23/2024 / Packet Page #: 289
Financial Advisor

CHEN/GIORDANO/CRAWFORD
213-972-1457
UBS Client Review
As of March 31, 2024
251 South Lake Avenue10th FloorPasadena, CA 911013003Branch office Report Prepared for: City of Glendora* excluded from performance exhibits Type
AccountName
AccountNumberSX XX180 City of Glendora Business Service Account@SX XXX279* CITY OF GL Non UBS Investment LAIF@SX XXX283* CITY OF GL Non UBS Investment Bank of America What's insideAsset Allocation Review. . . . . . . . . . . . . . . . . . . . . . 2Sources of Portfolio Value. . . . . . . . . . . . . . . . . . . . 6Bond Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . 8Portfolio Holdings. . . . . . . . . . . . . . . . . . . . . . . . . . 10Bond Holdings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43Important Information About This Report. . . . . . . . 73

Page 1 of 78 ends

Item #8. Page 4
Meeting Date: 4/23/2024 / Packet Page #: 290
Consolidated report prepared for City of Glendora
Asset Allocation Reviewas of March 31, 2024
Summary of Asset Allocation
Market
value ($)
% of
Portfolio
Cash 10,301,930.91 9.11
Cash 10,301,930.91 9.11 US 10,301,930.91 9.11
Fixed Income 102,776,691.22 90.89
US 102,776,691.22 90.89 US Fixed Income 17,369,318.12 15.36 Government 56,628,101.23 50.08 Municipals 250,982.71 0.22 Corporate IG Credit 28,528,289.16 25.23 Equity 0.00 0.00Commodities 0.00 0.00Non-Traditional 0.00 0.00Other 0.00 0.00Total Portfolio $113,078,622.13 100%Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category Cash 9.11%US Fixed Income 90.89%
Total Value: $113,078,622.13
Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 2 of 78 Item #8. Page 5
Meeting Date: 4/23/2024 / Packet Page #: 291
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Asset Allocation Review as of March 31, 2024
Summary of Asset Allocation
Market
value ($)
% of
Portfolio
Cash 7,455,190.92 6.76
Cash 7,455,190.92 6.76 US 7,455,190.92 6.76
Fixed Income 102,776,691.22 93.24
US 102,776,691.22 93.24 US Fixed Income 17,369,318.12 15.76 Government 56,628,101.23 51.37 Municipals 250,982.71 0.23 Corporate IG Credit 28,528,289.16 25.88 Equity 0.00 0.00Commodities 0.00 0.00Non-Traditional 0.00 0.00Other 0.00 0.00Total Portfolio $110,231,882.14 100%Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category Cash 6.76%US Fixed Income 93.24%
Total Value: $110,231,882.14
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 3 of 78 Item #8. Page 6
Meeting Date: 4/23/2024 / Packet Page #: 292
@SX XXX279 • CITY OF GL • Non UBS Investment LAIF
Prepared for City of Glendora
Asset Allocation Reviewas of March 31, 2024
Summary of Asset Allocation
Market
value ($)
% of
Portfolio
Cash 329,034.82 100.00
Cash 329,034.82 100.00 US 329,034.82 100.00
Fixed Income 0.00 0.00
Equity 0.00 0.00Commodities 0.00 0.00Non-Traditional 0.00 0.00Other 0.00 0.00Total Portfolio $329,034.82 100%Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category Cash 100.00%
Total Value: $329,034.82
Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 4 of 78 Item #8. Page 7
Meeting Date: 4/23/2024 / Packet Page #: 293
@SX XXX283 • CITY OF GL • Non UBS Investment Bank of America Prepared for City of Glendora
Asset Allocation Reviewas of March 31, 2024
Summary of Asset Allocation
Market
value ($)
% of
Portfolio
Cash 2,517,705.17 100.00
Cash 2,517,705.17 100.00 US 2,517,705.17 100.00
Fixed Income 0.00 0.00Equity 0.00 0.00Commodities 0.00 0.00Non-Traditional 0.00 0.00Other 0.00 0.00Total Portfolio $2,517,705.17 100%Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category Cash 100.00%
Total Value: $2,517,705.17
Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 5 of 78 Item #8. Page 8
Meeting Date: 4/23/2024 / Packet Page #: 294
Consolidated report prepared for City of Glendora
Sources of Portfolio Valueas of March 31, 2024
Market Value Net amount you invested (net of fees)
02/22 12/22 03/24
5075
100125150
$ Millions
MTD
02/29/2024 to
03/31/2024
QTD
12/31/2023 to
03/31/2024
ITD
02/23/2022 to
03/31/2024
YTD
12/31/2023 to
03/31/2024
Opening value 112,162,458.96 105,216,329.40 105,216,329.40 40,589,214.16 Net deposits/withdrawals -2,318,391.91 4,197,326.89 4,197,326.89 68,511,017.40Div./interest income 155,276.10 618,047.14 618,047.14 3,539,337.25Change in accr. interest 36,189.92 -135,173.11 -135,173.11 302,345.21Change in value 196,349.07 335,351.81 335,351.81 -2,710,031.89Closing value 110,231,882.14 110,231,882.14 110,231,882.14 110,231,882.14Net Time-weighted ROR 0.35 0.76 0.76 0.23Performance returns are annualized after 1 year. Net deposits and withdrawals include program and account fees.Benchmarks - Annualized time-weighted returnsUS Treasury Bill - 3 Mos 0.46 1.32 1.32 3.79BofA Corp/Gov 1-5Y 0.43 0.19 0.19 0.56BBG Agg Bond 0.92 -0.78 -0.78 -2.38Past performance does not guarantee future results and current performance may be lower/higher than past data presented.Report created on: April 01, 2024 Page 6 of 78 Item #8. Page 9
Meeting Date: 4/23/2024 / Packet Page #: 295
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Sources of Portfolio Value as of March 31, 2024
Market Value Net amount you invested (net of fees)
02/22 12/22 03/24
5075
100125150
$ Millions
MTD
02/29/2024 to
03/31/2024
QTD
12/31/2023 to
03/31/2024
ITD
02/23/2022 to
03/31/2024
YTD
12/31/2023 to
03/31/2024
Opening value 112,162,458.96 105,216,329.40 105,216,329.40 40,589,214.16 Net deposits/withdrawals -2,318,391.91 4,197,326.89 4,197,326.89 68,511,017.40Div./interest income 155,276.10 618,047.14 618,047.14 3,539,337.25Change in accr. interest 36,189.92 -135,173.11 -135,173.11 302,345.21Change in value 196,349.07 335,351.81 335,351.81 -2,710,031.89Closing value 110,231,882.14 110,231,882.14 110,231,882.14 110,231,882.14Net Time-weighted ROR 0.35 0.76 0.76 0.23Performance returns are annualized after 1 year. Net deposits and withdrawals include program and account fees.Benchmarks - Annualized time-weighted returnsUS Treasury Bill - 3 Mos 0.46 1.32 1.32 3.79BofA Corp/Gov 1-5Y 0.43 0.19 0.19 0.56BBG Agg Bond 0.92 -0.78 -0.78 -2.38Past performance does not guarantee future results and current performance may be lower/higher than past data presented.Report created on: April 01, 2024 Page 7 of 78 Item #8. Page 10
Meeting Date: 4/23/2024 / Packet Page #: 296
Consolidated report prepared for City of Glendora
Bond Summaryas of March 31, 2024Bond OverviewTotal quantity 107,317,000Total market value $102,407,078.51Total accrued interest $369,612.71Total market value plus accrued interest $102,776,691.22Total estimated annual bond interest $1,861,978.25Average yield to maturityAverage coupon 1.76%

5.09%1.82%5.06%
Average current yieldAverage yield to worstAverage modified duration 1.41Average effective maturity 1.64 Investment Type AllocationInvestment type Taxable ($) Total ($) Tax-exempt /
deferred ($)
% of
bond
port.

Certificates of deposit 17,369,318.12 0.00 17,369,318.12 16.90Municipals 250,982.71 0.00 250,982.71 0.24U.S. corporates 28,528,289.16 0.00 28,528,289.16 27.76U.S. federal agencies 53,243,524.80 0.00 53,243,524.80 51.81U.S. treasuries 3,384,576.43 0.00 3,384,576.43 3.29Total $102,776,691.22 $0.00 $102,776,691.22 100% Credit Quality of Bond HoldingsA Aaa/AAA/AAA 16 26,390,101.54 25.66B Aa/AA/AA 22 34,373,480.74 33.46C A/A/A 16 24,643,790.82 23.96D Baa/BBB/BBB 0 0.00 0.00E Non-investment grade 0 0.00 0.00F Certificate of deposit 74 17,369,318.12 16.92G Not rated 0 0.00 0.00Total 128 $102,776,691.22 100%Effective credit rating % of
port.

Value on
Issues 03/31/2024 ($)
Bond Maturity Schedule
Effective maturity schedule
2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2035 + Other 0 1020304050

18.3%

41.0%

25.9%

8.8%

5.6%

Value on
Issues 03/31/2024 ($)
Bond Maturity Schedule
Effective maturity schedule
2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2035 + Other 0 1020304050

18.3%

41.0%

25.9%

8.8%

5.6%

0.2% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Cash, mutual funds and some preferred securities are not included.$ Millions Includes all fixed income securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 9 of 78 Item #8. Page 12
Meeting Date: 4/23/2024 / Packet Page #: 298
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024Summary of Portfolio Holdings Unrealized
Cost basis ($) gain/loss (%)
Est. annual
income ($)
Unrealized
gain/loss ($)
Value on
03/31/2024 ($)
Current
yield (%)
% of
portfolio
A Cash 2,917,410.11 10,301,930.91 0.00 0.00% 384,604.69 3.73% 9.11% Cash 2,917,410.11 10,301,930.91 0.00 0.00% 384,604.69 3.73% 9.11% US 2,917,410.11 10,301,930.91 0.00 0.00% 384,604.69 3.73% 9.11% B Fixed Income 107,284,800.8 102,776,691.22 -4,508,109.63 -4.20% 1,861,978.25 1.81% 90.89% US 107,284,800.85 102,776,691.22 -4,508,109.63 -4.20% 1,861,978.25 1.81% 90.89% US Fixed Income 17,967,560.64 17,369,318.12 -598,242.52 -3.33% 378,991.00 2.18% 15.36% Government 59,135,046.77 56,628,101.23 -2,506,945.54 -4.24% 956,306.50 1.69% 50.08% Municipals 250,000.00 250,982.71 982.71 0.39% 12,872.50 5.13% 0.22% Corporate IG Credit 29,932,193.44 28,528,289.16 -1,403,904.28 -4.69% 513,808.25 1.80% 25.23% C Equity 0.00 0.00 0.00 0.00% NA NA 0.00%D Commodities 0.00 0.00 0.00 0.00% NA NA 0.00%E Non-Traditional 0.00 0.00 0.00 0.00% NA NA 0.00%F Other 0.00 0.00 0.00 0.00% NA NA 0.00%Total Portfolio $110,202,210.96 $113,078,622.13 $-4,508,109.63 -4.09% $2,246,582.94 1.99% 100% Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category B
A
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 10 of 78 Item #8. Page 13
Meeting Date: 4/23/2024 / Packet Page #: 299
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Details of Portfolio Holdings
% of
asset
class
Est. annual
Cost basis ($) income ($)
Unrealized
gain/loss
(%)
Unrealized
Market value ($) gain/loss ($)
Current
yield (%)
Total Portfolio $113,078,622.13 $-4,508,109.63 -4.09% $2,246,582.94 1.99% 100% $110,202,210.96 100% % of
portfolio
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) / Cash Avg Price Market value ($)
Price on
03/31/2024
($)
% of
Cash
% of
portfolio
Cash
US
Outside ASSET(1) 1.00 329,034.82 329,034.82 0.00 0.00% NA NA 3.19% 0.29%[Outside Account @SXXXX279]

1.00 Outside ASSET(1) 1.00 2,517,705.17 2,517,705.17 0.00 0.00% NA NA 24.44% 2.23%[Outside Account @SXXXX283]

1.00 UBS INSURED SWEEP 152,402.80 1.00 152,402.80 152,402.80 0.00 0.00% 609.61 0.40% 0.13%PROGRAM

1.00 1.48%
UBS SELECT TREASURY 7,384,520.80 0.00 0.00 7,384,520.80 0.00 0.00% 383,995.08 5.20% 6.53%INSTITUTIONAL FUND

1.00 71.68%
USD CASH -81,732.68 1.00 1.00 -81,732.68 -81,732.68 0.00 0.00% NA NA -0.79% -0.07% Total US $2,917,410.11 $10,301,930.91 $0.00 0.00% $384,604.69 3.73% 100% 9.11% Total Cash $2,917,410.11 $10,301,930.91 $0.00 0.00% $384,604.69 3.73% 100% 9.11% Total Cash $2,917,410.11 $10,301,930.91 $0.00 0.00% $384,604.69 3.73% 100% 9.11% (1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 11 of 78 Item #8. Page 14
Meeting Date: 4/23/2024 / Packet Page #: 300
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
AFFINITY PLUS MN US RT 245,000.00 100.00 245,000.00 246,284.27 0.00 1,284.27 0.52% 12,372.50 5.02% 0.22%05.0500% MAT 03/20/26LICU SHARE CERTIFICATE 100.37 0.24%
ALLY BK UT US RT 245,000.00 100.00 245,000.00 240,689.95 0.00 -4,310.05 -1.76% 8,697.50 3.61% 0.21%03.5500% MAT 06/30/26FIXED RATE CD

97.35 0.23%
AMERICAN COMM BK GA 245,000.00 100.00 245,000.00 229,037.91 0.00 -15,962.09 -6.52% 980.00 0.43% 0.20%US RT 00.4000% MAT09/22/25 FIXED RATE CD

93.48 0.22%
ARBOR FINL CREDIT MI US 245,000.00 100.00 245,000.00 249,021.83 0.00 4,021.83 1.64% 12,250.00 4.92% 0.22%RT 05.0000% MAT 04/03/28FIXED RATE CD 101.26 0.24%
BANK3 TENNESSEE TN US RT 245,000.00 100.00 245,000.00 229,693.10 0.00 -15,306.90 -6.25% 980.00 0.43% 0.20%00.4000% MAT 08/28/25FIXED RATE CD

93.75 0.22%
BANKUNITED NA FLOR FL US 245,000.00 100.00 245,000.00 226,994.18 0.00 -18,005.82 -7.35% 2,327.50 1.03% 0.20%RT 00.9500% MAT 03/31/26FIXED RATE CD

92.57 0.22%
BEAL BANK - PLANO TX US 245,000.00 100.00 245,000.00 246,992.99 0.00 1,992.99 0.81% 5,390.00 2.18% 0.22%RT 02.2000% MAT 04/17/24FIXED RATE CD

99.83 0.24%
BELL ST B&T ND US RT 245,000.00 100.00 245,000.00 237,335.26 0.00 -7,664.74 -3.13% 3,920.00 1.65% 0.21%01.6000% MAT 02/27/25FIXED RATE CD

96.85 0.23%
BK HAPOALIM BM NY US RT 245,000.00 100.00 245,000.00 227,759.22 0.00 -17,240.78 -7.04% 1,225.00 0.54% 0.20%00.5000% MAT 12/15/25FIXED RATE CD

92.82 0.22%
BMO HARRIS BK NA IL US RT 245,000.00 100.00 245,000.00 226,469.41 0.00 -18,530.59 -7.56% 1,960.00 0.87% 0.20%00.8000% MAT 03/18/26FIXED RATE CD

92.41 0.22%
BMW BANK NORTH AME UT 245,000.00 100.04 245,099.76 237,890.47 -214.14 -7,209.29 -2.94% 4,410.00 1.85% 0.21%US RT 01.8000% MAT03/04/25 FIXED RATE CD

96.97 0.23%
BOKF NA OK US RT 245,000.00 100.00 245,000.00 246,400.39 0.00 1,400.39 0.57% 11,637.50 4.72% 0.22%04.7500% MAT 02/17/27FIXED RATE CD 100.01 0.24%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 12 of 78 Item #8. Page 15
Meeting Date: 4/23/2024 / Packet Page #: 301
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
CADENCE BANK MS US RT 245,000.00 100.00 245,000.00 248,728.93 0.00 3,728.93 1.52% 13,107.50 5.27% 0.22%05.3500% MAT 07/05/24FIXED RATE CD

99.94 0.24%
CAPITAL ONE BK USA VA US 245,000.00 100.00 245,000.00 224,462.35 0.00 -20,537.65 -8.38% 2,817.50 1.26% 0.20%RT 01.1500% MAT 11/24/26FIXED RATE CD

91.21 0.22%
CAPITAL ONE NA VA US RT 245,000.00 100.00 245,000.00 224,462.35 0.00 -20,537.65 -8.38% 2,817.50 1.26% 0.20%01.1500% MAT 11/24/26FIXED RATE CD

91.21 0.22%
CENTERSTATE BK NA FL US 245,000.00 100.00 245,000.00 235,572.84 0.00 -9,427.16 -3.85% 2,450.00 1.04% 0.21%RT 01.0000% MAT 04/30/25FIXED RATE CD

95.73 0.23%
CFG COMMUNITY BANK 245,000.00 100.00 245,000.00 241,528.69 0.00 -3,471.31 -1.42% 9,310.00 3.85% 0.21%MD US RT 03.8000% MAT03/11/26 FIXED RATE CD

98.07 0.24%
CHAMBERS BANK AK US RT 108,000.00 100.00 108,000.00 100,990.40 0.00 -7,009.60 -6.49% 378.00 0.37% 0.09%00.3500% MAT 09/22/25FIXED RATE CD

93.50 0.10%
CIBC BANK ILLINOIS IL US RT 245,000.00 100.00 245,000.00 245,825.38 0.00 825.38 0.34% 12,250.00 4.98% 0.22%05.0000% MAT 03/24/26FIXED RATE CD 100.24 0.24%
CITADEL FED CREDIT PA US 245,000.00 100.00 245,000.00 237,444.40 0.00 -7,555.60 -3.08% 4,042.50 1.70% 0.21%RT 01.6500% MAT 02/27/25CREDIT UNION SHARE CERT

96.90 0.23%
CITIZENS ST BK CLA WI US 219,000.00 100.00 219,000.00 214,776.33 0.00 -4,223.67 -1.93% 3,723.00 1.73% 0.19%RT 01.7000% MAT 10/31/24FIXED RATE CD

97.93 0.21%
COMMUNITY BK TN US RT 245,000.00 100.00 245,000.00 229,720.52 0.00 -15,279.48 -6.24% 980.00 0.43% 0.20%00.4000% MAT 08/26/25FIXED RATE CD

93.76 0.22%
COMMUNITYWIDE FED IN 245,000.00 100.00 245,000.00 243,987.41 0.00 -1,012.59 -0.41% 5,512.50 2.26% 0.22%US RT 02.2500% MAT06/28/24 FIXED RATE CD

99.22 0.24%
CONNEXUS CREDIT UN WI 245,000.00 100.00 245,000.00 243,031.37 0.00 -1,968.63 -0.80% 735.00 0.30% 0.21%US RT 00.3000% MAT05/28/24 CREDIT UNIONSHARE CERT

99.17 0.24%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 13 of 78 Item #8. Page 16
Meeting Date: 4/23/2024 / Packet Page #: 302
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
CY-FAIR FED CREDIT TX US 245,000.00 100.00 245,000.00 248,571.73 0.00 3,571.73 1.46% 12,985.00 5.22% 0.22%RT 05.3000% MAT 07/14/28FIXED RATE CD 101.21 0.24%
DISCOVER BANK DE US RT 245,000.00 100.00 245,000.00 237,824.42 0.00 -7,175.58 -2.93% 7,840.00 3.30% 0.21%03.2000% MAT 05/24/27FIXED RATE CD

95.95 0.23%
EAGLEMARK SVGS BK NV 245,000.00 100.27 245,658.37 227,719.92 -444.73 -17,938.45 -7.30% 4,900.00 2.15% 0.20%US RT 02.0000% MAT03/02/27 FIXED RATE CD

92.79 0.22%
ENCORE BANK AR US RT 245,000.00 100.00 245,000.00 233,639.52 0.00 -11,360.48 -4.64% 1,960.00 0.84% 0.21%00.8000% MAT 05/15/25FIXED RATE CD

95.33 0.23%
ENERBANK UT US RT 245,000.00 100.00 245,000.00 232,606.36 0.00 -12,393.64 -5.06% 1,592.50 0.68% 0.21%00.6500% MAT 06/19/25FIXED RATE CD

94.92 0.23%
ESSENTIAL FED CRED LA US 245,000.00 100.00 245,000.00 246,443.12 0.00 1,443.12 0.59% 11,515.00 4.67% 0.22%RT 04.7000% MAT 06/15/27LICU SHARE CERTIFICATE 100.38 0.24%
FIRST CAROLINA BK NC US 245,000.00 100.00 245,000.00 232,392.84 0.00 -12,607.16 -5.15% 1,470.00 0.63% 0.21%RT 00.6000% MAT 06/26/25FIXED RATE CD

94.85 0.23%
FIRST NATL BK KS US RT 245,000.00 100.00 245,000.00 241,849.60 0.00 -3,150.40 -1.29% 4,532.50 1.87% 0.21%01.8500% MAT 08/30/24FIXED RATE CD

98.56 0.24%
FIRST ST BK AR US RT 245,000.00 100.00 245,000.00 241,787.75 0.00 -3,212.25 -1.31% 4,410.00 1.82% 0.21%01.8000% MAT 08/30/24FIXED RATE CD

98.54 0.24%
FLAGSTAR BANK, FSB MI US 245,000.00 100.00 245,000.00 235,751.59 0.00 -9,248.41 -3.77% 2,572.50 1.09% 0.21%RT 01.0500% MAT 04/30/25FIXED RATE CD

95.79 0.23%
GREAT STHN BK MO US RT 245,000.00 100.00 245,000.00 243,666.26 0.00 -1,333.74 -0.54% 11,025.00 4.52% 0.22%04.5000% MAT 10/20/25FIXED RATE CD

99.32 0.24%
GREENSTATE CREDIT IA US 245,000.00 100.00 245,000.00 226,647.25 0.00 -18,352.75 -7.49% 2,327.50 1.03% 0.20%RT 00.9500% MAT 04/16/26FIXED RATE CD

92.43 0.22%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 14 of 78 Item #8. Page 17
Meeting Date: 4/23/2024 / Packet Page #: 303
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
HOME LN INVT BK RI US RT 245,000.00 100.00 245,000.00 229,733.75 0.00 -15,266.25 -6.23% 980.00 0.43% 0.20%00.4000% MAT 08/29/25FIXED RATE CD

93.74 0.22%
HORIZON BK NE US RT 245,000.00 100.00 245,000.00 235,709.57 0.00 -9,290.43 -3.79% 3,185.00 1.35% 0.21%01.3000% MAT 04/15/25FIXED RATE CD

96.15 0.23%
JPMORGAN CHASE BK OH 245,000.00 100.00 245,000.00 230,863.40 0.00 -14,136.60 -5.77% 1,715.00 0.74% 0.20%US RT 00.7000% MAT09/30/25 FIXED RATE CD

93.88 0.22%
LAFAYETTE FED CRED MD 245,000.00 100.00 245,000.00 235,688.69 0.00 -9,311.31 -3.80% 7,962.50 3.38% 0.21%US RT 03.2500% MAT06/15/27 LICU SHARECERTIFICATE

96.06 0.23%
LIVE OAK BKG CO NC US RT 245,000.00 100.00 245,000.00 223,392.85 0.00 -21,607.15 -8.82% 1,960.00 0.88% 0.20%00.8000% MAT 08/13/26FIXED RATE CD

91.12 0.22%
MCHENRY SVGS BK IL US RT 245,000.00 100.00 245,000.00 239,787.94 0.00 -5,212.06 -2.13% 4,287.50 1.79% 0.21%01.7500% MAT 11/29/24FIXED RATE CD

97.72 0.23%
MEDALLION BK UT US RT 245,000.00 100.00 245,000.00 231,029.40 0.00 -13,970.60 -5.70% 1,347.50 0.58% 0.20%00.5500% MAT 07/30/25FIXED RATE CD

94.25 0.22%
METRO CREDIT UNION MA 245,000.00 100.00 245,000.00 225,764.38 0.00 -19,235.62 -7.85% 4,165.00 1.84% 0.20%US RT 01.7000% MAT02/18/27 LICU SHARECERTIFICATE

92.01 0.22%
MONEY ONE FED CRED MD 248,000.00 100.73 249,814.76 244,088.63 -12,450.42 -5,726.13 -2.29% 4,960.00 2.03% 0.22%US RT 02.0000% MAT09/23/24 FIXED RATE CD

98.38 0.24%
MORGAN STANLEY BK UT 245,000.00 100.00 245,000.00 243,900.79 0.00 -1,099.21 -0.45% 10,412.50 4.27% 0.22%US RT 04.2500% MAT02/02/26 FIXED RATE CD

98.88 0.24%
MORGAN STANLEY PRV NY 245,000.00 100.00 245,000.00 242,236.94 0.00 -2,763.06 -1.13% 4,900.00 2.02% 0.21%US RT 02.0000% MAT08/22/24 FIXED RATE CD

98.66 0.24%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 15 of 78 Item #8. Page 18
Meeting Date: 4/23/2024 / Packet Page #: 304
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
MORTON CMNTY BK IL US 245,000.00 100.00 245,000.00 232,602.33 0.00 -12,397.67 -5.06% 1,470.00 0.63% 0.21%RT 00.6000% MAT 06/19/25FIXED RATE CD

94.92 0.23%
NEW ORLEANS FIREME LA 245,000.00 100.00 245,000.00 251,913.36 0.00 6,913.36 2.82% 12,250.00 4.86% 0.22%US RT 05.0000% MAT07/17/28 FIXED RATE CD 102.63 0.25%
NEW YORK CMNTY BK NY 245,000.00 100.00 245,000.00 224,188.32 0.00 -20,811.68 -8.49% 1,715.00 0.76% 0.20%US RT 00.7000% MAT07/01/26 FIXED RATE CD

91.33 0.22%
OCEANFIRST BK NA NJ US 245,000.00 100.00 245,000.00 245,686.20 0.00 686.20 0.28% 7,962.50 3.24% 0.22%RT 03.2500% MAT 07/01/24FIXED RATE CD

99.45 0.24%
PACIFIC CREST SVGS WA US 245,000.00 100.00 245,000.00 235,256.15 0.00 -9,743.85 -3.98% 2,940.00 1.25% 0.21%RT 01.2000% MAT 04/30/25FIXED RATE CD

95.92 0.23%
PACIFIC WSTN BK CA US RT 245,000.00 100.00 245,000.00 237,259.64 0.00 -7,740.36 -3.16% 3,307.50 1.39% 0.21%01.3500% MAT 04/16/25FIXED RATE CD

96.22 0.23%
PENTAGON FED CREDI VA 245,000.00 100.00 245,000.00 225,604.69 0.00 -19,395.31 -7.92% 4,165.00 1.85% 0.20%US RT 01.7000% MAT02/18/27 CREDIT UNIONSHARE CERT

92.02 0.22%
PREMIER CMNTY BK WI US 245,000.00 100.00 245,000.00 245,998.83 0.00 998.83 0.41% 12,740.00 5.18% 0.22%RT 05.2000% MAT 12/13/27FIXED RATE CD 100.14 0.24%
RAYMOND JAMES BK N FL 245,000.00 100.00 245,000.00 241,670.79 0.00 -3,329.21 -1.36% 4,410.00 1.82% 0.21%US RT 01.8000% MAT11/08/24 FIXED RATE CD

97.93 0.24%
SALLIE MAE BANK UT US RT 245,000.00 100.00 245,000.00 244,559.37 0.00 -440.63 -0.18% 8,207.50 3.36% 0.22%03.3500% MAT 08/05/24FIXED RATE CD

99.30 0.24%
SAN FRANCISCO FED CA US 245,000.00 100.00 245,000.00 235,530.88 0.00 -9,469.12 -3.86% 2,695.00 1.14% 0.21%RT 01.1000% MAT 03/27/25LICU SHARE CERTIFICATE

96.12 0.23%
SAVOY BK NY US RT 245,000.00 100.00 245,000.00 233,699.26 0.00 -11,300.74 -4.61% 1,960.00 0.84% 0.21%00.8000% MAT 05/13/25FIXED RATE CD

95.35 0.23%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 16 of 78 Item #8. Page 19
Meeting Date: 4/23/2024 / Packet Page #: 305
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
SOMERSET TRUST CO PA US 245,000.00 100.00 245,000.00 235,532.90 0.00 -9,467.10 -3.86% 2,450.00 1.04% 0.21%RT 01.0000% MAT 03/19/25FIXED RATE CD

96.10 0.23%
STATE BANK OF INDI NY US 245,000.00 100.00 245,000.00 226,786.20 0.00 -18,213.80 -7.43% 2,205.00 0.97% 0.20%RT 00.9000% MAT 03/25/26FIXED RATE CD

92.55 0.22%
STOCKMAN BK MT US RT 245,000.00 100.00 245,000.00 234,065.92 0.00 -10,934.08 -4.46% 1,470.00 0.63% 0.21%00.6000% MAT 06/10/25FIXED RATE CD

95.35 0.23%
SYNCHRONY BANK UT US 245,000.00 100.00 245,000.00 237,730.55 0.00 -7,269.45 -2.97% 4,900.00 2.06% 0.21%RT 02.0000% MAT 03/25/25FIXED RATE CD

97.00 0.23%
TECHNOLOGY CREDIT CA 245,000.00 100.00 245,000.00 246,719.80 0.00 1,719.80 0.70% 12,250.00 4.97% 0.22%US RT 05.0000% MAT03/23/26 CREDIT UNIONSHARE CERT 100.29 0.24%
TEXAS EXCHANGE BK TX US 245,000.00 100.00 245,000.00 228,325.67 0.00 -16,674.33 -6.81% 1,470.00 0.64% 0.20%RT 00.6000% MAT 10/23/25FIXED RATE CD

93.18 0.22%
THIRD FED S&L ASSN OH US 245,000.00 100.00 245,000.00 241,475.66 0.00 -3,524.34 -1.44% 4,777.50 1.98% 0.21%RT 01.9500% MAT 11/25/24FIXED RATE CD

97.88 0.23%
TOYOTA FINL SVG BK NV US 245,000.00 100.00 245,000.00 227,225.22 0.00 -17,774.78 -7.26% 2,205.00 0.97% 0.20%RT 00.9000% MAT 04/22/26FIXED RATE CD

92.35 0.22%
UBS BANK UT US RT 245,000.00 100.00 245,000.00 224,775.08 0.00 -20,224.92 -8.26% 2,082.50 0.93% 0.20%00.8500% MAT 06/16/26FIXED RATE CD

91.71 0.22%
USALLIANCE FED CRE NY US 245,000.00 100.00 245,000.00 229,585.57 0.00 -15,414.43 -6.29% 1,225.00 0.53% 0.20%RT 00.5000% MAT 09/29/25FIXED RATE CD

93.58 0.22%
VALLEY STRONG CRED CA 240,000.00 100.00 240,000.00 238,785.80 0.00 -1,214.20 -0.51% 6,840.00 2.86% 0.21%US RT 02.8500% MAT06/21/24 FIXED RATE CD

99.42 0.23%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 17 of 78 Item #8. Page 20
Meeting Date: 4/23/2024 / Packet Page #: 306
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
VALLEYSTAR CR UN M VA 245,000.00 100.00 245,000.00 246,050.28 0.00 1,050.28 0.43% 12,250.00 4.98% 0.22%US RT 05.0000% MAT03/20/26 LICU SHARECERTIFICATE 100.28 0.24%
VIGO CNTY FED CR U IN US 245,000.00 100.00 245,000.00 245,298.30 0.00 298.30 0.12% 12,862.50 5.24% 0.22%RT 05.2500% MAT 07/16/24LICU SHARE CERTIFICATE

99.91 0.24%
WEBBANK UT US RT 245,000.00 100.00 245,000.00 243,265.17 0.00 -1,734.83 -0.71% 857.50 0.35% 0.22%00.3500% MAT 05/28/24FIXED RATE CD

99.17 0.24%
WELLS FARGO BK NA SD US 245,000.00 100.00 244,987.75 243,529.56 0.00 -1,458.19 -0.60% 10,045.00 4.12% 0.22%RT 04.1000% MAT 02/06/29FIXED RATE CD

99.12 0.24%
Total US Fixed Income $17,967,560.64 $17,369,318.12 $-13,109.29 $-598,242.52 -3.33% $378,991.00 2.18% 16.90% 15.36% Government
FEDERAL FARM CREDIT 2,000,000.00 100.00 2,000,000.00 1,949,195.56 0.00 -50,804.44 -2.54% 19,400.00 1.00% 1.72%BANK 00.970 % DUE120924 DTD 120921 FC06092022

97.16 1.90%
FFCB BOND 00.440 % DUE 2,000,000.00 100.00 2,000,000.00 1,955,495.56 0.00 -44,504.44 -2.23% 8,800.00 0.45% 1.73%092324 DTD 092321 FC03232022

97.77 1.90%
FFCB BOND 00.600 % DUE 2,000,000.00 100.00 2,000,000.00 1,901,120.00 0.00 -98,880.00 -4.94% 12,000.00 0.63% 1.68%061625 DTD 061621 FC12162021

94.88 1.85%
FFCB BOND 00.600 % DUE 2,000,000.00 100.00 2,000,000.00 1,870,293.33 0.00 -129,706.67 -6.49% 12,000.00 0.64% 1.65%112425 DTD 112420 FC05242021

93.30 1.82%
FFCB BOND 00.610 % DUE 2,000,000.00 100.00 2,000,000.00 1,907,477.78 0.00 -92,522.22 -4.63% 12,200.00 0.64% 1.69%052325 DTD 082321 FC11232021

95.16 1.86%
FFCB BOND 00.660 % DUE 2,000,000.00 100.00 2,000,000.00 1,883,346.67 0.00 -116,653.33 -5.83% 13,200.00 0.70% 1.67%091525 DTD 091521 FC03152022

94.14 1.83%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 18 of 78 Item #8. Page 21
Meeting Date: 4/23/2024 / Packet Page #: 307
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
Government
FFCB BOND 00.680 % DUE 2,000,000.00 100.00 2,000,000.00 1,910,566.67 0.00 -89,433.33 -4.47% 13,600.00 0.71% 1.69%051925 DTD 051921 FC11192021

95.28 1.86%
FFCB BOND 00.710 % DUE 2,000,000.00 100.00 2,000,000.00 1,915,671.11 0.00 -84,328.89 -4.22% 14,200.00 0.74% 1.69%042125 DTD 042121 FC10212021

95.47 1.86%
FFCB BOND 01.840 % DUE 2,000,000.00 100.00 2,000,000.00 1,859,424.44 0.00 -140,575.56 -7.03% 36,800.00 1.98% 1.64%012627 DTD 012622 FC07262022

92.64 1.81%
FFCB NTS 00.940 % DUE 2,000,000.00 100.00 2,000,000.00 1,823,436.67 0.00 -176,563.33 -8.83% 18,800.00 1.03% 1.61%092826 DTD 092821 FC03282022

91.16 1.77%
FHLB BOND 00.625 % DUE 2,000,000.00 100.00 2,000,000.00 1,898,425.00 0.00 -101,575.00 -5.08% 12,500.00 0.66% 1.68%063025 DTD 063021 FC12302021

94.77 1.85%
FHLB BOND 01.050 % DUE 1,000,000.00 96.84 968,385.25 922,180.00 0.00 -46,205.25 -4.77% 10,500.00 1.14% 0.82%081326 DTD 081321 FC02132022

92.08 0.90%
FHLB BOND 01.780 % DUE 2,000,000.00 100.00 2,000,000.00 1,855,123.33 0.00 -144,876.67 -7.24% 35,600.00 1.92% 1.64%021027 DTD 021022 FC08102022

92.50 1.81%
FHLB BOND 02.010 % DUE 3,215,000.00 95.65 3,075,098.40 3,000,302.30 0.00 -74,796.10 -2.43% 64,621.50 2.15% 2.65%022527 DTD 022522 FC08252022

93.12 2.92%
FHLB BOND 05.400 % DUE 2,000,000.00 100.00 2,000,004.22 2,008,880.00 -1.04 8,875.78 0.44% 108,000.00 5.38% 1.78%022428 DTD 022423 FC08242023

99.89 1.95%
FHLB BOND 05.450 % DUE 490,000.00 100.00 490,000.00 490,603.11 0.00 603.11 0.12% 26,705.00 5.44% 0.43%031627 DTD 121622 FC03162023

99.90 0.48%
FHLB BOND 05.650 % DUE 2,000,000.00 100.00 2,000,004.39 2,050,245.00 -0.86 50,240.61 2.51% 113,000.00 5.51% 1.81%042828 DTD 042823 FC10282023 100.11 1.99%
FHLB BOND STEP-UP 2,000,000.00 100.00 2,000,000.00 1,872,115.00 0.00 -127,885.00 -6.39% 17,500.00 0.93% 1.66%0.875% DUE 063026 DTD063021 FC 12302021

93.39 1.82%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 19 of 78 Item #8. Page 22
Meeting Date: 4/23/2024 / Packet Page #: 308
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
Government
FHLB NTS 1.0500% DUE 2,000,000.00 100.00 2,000,000.00 1,874,900.00 0.00 -125,100.00 -6.25% 21,000.00 1.12% 1.66%033026 DTD 033021 FC09302021

93.22 1.82%
FHLB NTS 1.1500% DUE 2,000,000.00 100.00 2,000,000.00 1,846,756.11 0.00 -153,243.89 -7.66% 23,000.00 1.25% 1.63%082626 DTD 082621 FC02262022

92.23 1.80%
FHLB NTS 1.5000% DUE 2,000,000.00 100.00 2,000,000.00 1,875,260.00 0.00 -124,740.00 -6.24% 30,000.00 1.60% 1.66%063026 DTD 063021 FC12302021

93.39 1.82%
FHLMC MED TERM NTS 1,000,000.00 99.85 998,500.00 945,874.44 0.00 -52,625.56 -5.27% 5,000.00 0.53% 0.84%00.500 % DUE 072325 DTD072320 FC 01232021

94.49 0.92%
FHLMC MED TERM NTS 2,000,000.00 100.00 2,000,000.00 1,909,708.33 0.00 -90,291.67 -4.51% 14,600.00 0.76% 1.69%00.730 % DUE 052825 DTD052820 FC 11282020

95.24 1.86%
FHLMC MED TERM NTS 2,000,000.00 100.00 2,000,000.00 2,004,278.33 0.00 4,278.33 0.21% 61,000.00 3.04% 1.77%03.050 % DUE 062824 DTD062822 FC 12282022

99.43 1.95%
FHLMC MED TERM NTS 1,000,000.00 100.00 1,000,000.00 1,004,156.67 0.00 4,156.67 0.42% 51,000.00 5.08% 0.89%05.100 % DUE 012728 DTD013023 FC 07272023

99.51 0.98%
FHLMC MED TERM NTS 1,175,000.00 100.00 1,175,000.00 1,184,872.61 0.00 9,872.61 0.84% 62,275.00 5.26% 1.05%05.300 % DUE 012726 DTD012723 FC 07272023

99.90 1.15%
FNMA NTS 00.500 % DUE 1,000,000.00 100.00 999,950.00 941,192.78 0.00 -58,757.22 -5.88% 5,000.00 0.53% 0.83%081425 DTD 081420 FC02142021

94.05 0.92%
FNMA NTS 00.540 % DUE 2,000,000.00 100.00 2,000,000.00 1,869,880.00 0.00 -130,120.00 -6.51% 10,800.00 0.58% 1.65%102725 DTD 102720 FC04272021

93.26 1.82%
FNMA NTS 00.560 % DUE 2,000,000.00 100.00 2,000,000.00 1,868,108.89 0.00 -131,891.11 -6.59% 11,200.00 0.60% 1.65%111725 DTD 111720 FC05172021

93.20 1.82%
FNMA NTS 04.125 % DUE 988,000.00 99.59 983,948.13 980,157.34 0.00 -3,790.79 -0.39% 40,755.00 4.16% 0.87%082825 DTD 083022 FC02282023

98.85 0.95%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 20 of 78 Item #8. Page 23
Meeting Date: 4/23/2024 / Packet Page #: 309
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
Government
INTL FIN CORP NTS 00.500 2,000,000.00 100.00 2,000,000.00 1,864,477.78 0.00 -135,522.22 -6.78% 10,000.00 0.54% 1.65%% DUE 051526 DTD 052821FC 11152021

93.04 1.81%
US TSY NOTE 01.125 % DUE 1,000,000.00 98.21 982,052.13 923,447.80 0.00 -58,604.33 -5.97% 11,250.00 1.22% 0.82%10/31/26 DTD 10/31/21 FC04/30/22

91.88 0.90%
US TSY NOTE 01.750 % DUE 1,500,000.00 97.67 1,465,036.50 1,469,182.50 0.00 4,146.00 0.28% 26,250.00 1.79% 1.30%12/31/24 DTD 12/31/19 FC06/30/20

97.51 1.43%
US TSY NOTE 02.375 % DUE 1,000,000.00 99.71 997,067.75 991,946.13 0.00 -5,121.62 -0.51% 23,750.00 2.39% 0.88%08/15/24 DTD 08/15/14 FC02/15/15

98.90 0.97%
Total Government $59,135,046.77 $56,628,101.23 $-1.90 $-2,506,945.54 -4.24% $956,306.50 1.69% 55.10% 50.08% Municipals
SULPHUR SPRINGS CAL UNI 250,000.00 100.00 250,000.00 250,982.71 0.00 982.71 0.39% 12,872.50 5.13% 0.22%TAX SR F BE/R/ 5.149090124 DTD 110322

99.96 0.24%
Total Municipals $250,000.00 $250,982.71 $0.00 $982.71 0.39% $12,872.50 5.13% 0.24% 0.22%Corporate IG Credit AMAZON COM INC NTS B/E 1,000,000.00 100.12 1,001,153.13 955,622.22 -3,669.57 -45,530.91 -4.55% 8,000.00 0.84% 0.85%00.800% 060325DTD060320CALL@MW+10BP

95.30 0.93%
CATERPILLAR FINL SERVICE 2,026,000.00 100.84 2,043,054.69 1,953,829.38 -53,390.52 -89,225.31 -4.37% 29,377.00 1.50% 1.73%01.450% 051525DTD051520 FC111520CALL@MW+20BP

95.89 1.90%
CHARLES SCHWAB CORP 2,000,000.00 99.49 1,989,860.00 1,844,320.00 0.00 -145,540.00 -7.31% 18,000.00 0.98% 1.63%NTS 00.900% 031126DTD121120 FC031121CALL@MW+10BP

92.17 1.79%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 21 of 78 Item #8. Page 24
Meeting Date: 4/23/2024 / Packet Page #: 310
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
Corporate IG Credit
COMCAST CORP NEW B/E 1,000,000.00 103.57 1,035,706.18 981,762.50 -83,435.36 -53,943.68 -5.21% 33,750.00 3.44% 0.87%03.375% 081525DTD052715 FC081515CALL@MW+20BP

97.75 0.96%
E I DU PONT DE NEMOURS 2,141,000.00 100.97 2,161,729.01 2,051,696.51 -45,065.24 -110,032.50 -5.09% 36,397.00 1.77% 1.81%01.700% 071525DTD051520 FC011521CALL@MW+25BP

95.47 2.00%
HONEYWELL INTL NTS B/E 1,122,000.00 100.47 1,127,329.14 1,111,418.29 -53,715.74 -15,910.85 -1.41% 25,806.00 2.32% 0.98%02.300% 081524DTD080819CALL@MW+10BP

98.76 1.08%
IBM CORP NTS B/E 03.000% 1,664,000.00 100.28 1,668,724.92 1,677,101.23 -134,103.29 8,376.31 0.50% 49,920.00 2.98% 1.48%051524 DTD051519FC111519CALL@MW+15BP

99.65 1.63%
INTEL CORP NTS B/E 1,054,000.00 102.80 1,083,534.72 1,035,425.01 -104,152.93 -48,109.71 -4.44% 35,836.00 3.46% 0.92%03.400% 032525DTD032520CALL@MW+45BP

98.18 1.01%
JOHN DEERE CAPITAL CORP 1,124,000.00 101.19 1,137,357.54 1,102,193.78 -55,658.55 -35,163.76 -3.09% 23,042.00 2.09% 0.97%02.050% 010925DTD010920 FC070920 NTSB/E

97.59 1.07%
JOHN DEERE CPTL CORP 2,000,000.00 100.07 2,001,424.27 1,860,475.56 -2,477.92 -140,948.71 -7.04% 14,000.00 0.75% 1.65%00.700% 011526DTD010721 FC071521 MEDTERM NTS

92.88 1.81%
JPMORGAN CHASE & CO 1,200,000.00 100.00 1,200,000.00 1,089,525.33 0.00 -110,474.67 -9.21% 9,600.00 0.88% 0.96%00.800% 022626DTD022621 FC082621 MEDTERM NTS

90.72 1.06%
JPMORGAN CHASE & CO 1,017,000.00 101.67 1,033,941.13 1,004,605.60 -75,968.21 -29,335.53 -2.84% 31,781.25 3.16% 0.89%B/E 03.125% 012325DTD012315 FC072315

98.19 0.98%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 22 of 78 Item #8. Page 25
Meeting Date: 4/23/2024 / Packet Page #: 311
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
Corporate IG Credit
MASTERCARD INC NTS B/E 2,000,000.00 100.81 2,016,139.88 1,945,571.11 -66,548.15 -70,568.77 -3.50% 40,000.00 2.06% 1.72%02.000% 030325DTD120319 FC030320CALL@MW+10BP

97.12 1.89%
MICROSOFT CORP B/E 1,000,000.00 101.86 1,018,643.03 983,305.00 -75,786.24 -35,338.03 -3.47% 27,000.00 2.75% 0.87%02.700% 021225DTD021215 FC081215CALL@MW+12.5BP

97.96 0.96%
MORGAN STANLEY FIN LLC 2,000,000.00 100.00 2,000,000.00 1,787,463.33 0.00 -212,536.67 -10.63% 21,000.00 1.17% 1.58%01.050% 082726DTD082721 FC022722 MEDTERM NTS

89.27 1.74%
TARGET CORP NTS B/E 2,000,000.00 101.44 2,028,823.13 1,962,810.00 -103,552.85 -66,013.13 -3.25% 45,000.00 2.29% 1.74%02.250% 041525DTD033120 FC101520CALL@MW+30BP

97.10 1.91%
TOYOTA MOTOR CRDT 2,000,000.00 99.45 1,988,920.00 1,958,165.00 0.00 -30,755.00 -1.55% 12,500.00 0.64% 1.73%CORP 00.625% 091324DTD091321 FC031322 NTSB/E

97.88 1.91%
TRUIST BANK NTS B/E 1,386,000.00 100.56 1,393,788.19 1,363,710.43 -44,592.28 -30,077.76 -2.16% 29,799.00 2.19% 1.21%02.150% 120624DTD120619 FC060620

97.71 1.33%
UNITED HEALTH GROUP INC 2,000,000.00 100.10 2,002,064.48 1,859,288.89 -2,698.18 -142,775.59 -7.13% 23,000.00 1.24% 1.64%01.150% 051526DTD051921 FC111521CALL@MW+07.50BP

92.53 1.81%
Total Corporate IG Credit $29,932,193.44 $28,528,289.16 $-904,815.03 $-1,403,904.28 -4.69% $513,808.25 1.80% 27.76% 25.23% Total US $102,776,691.22 $-917,926.22 90.89% $107,284,800.85 $-4,508,109.63 -4.20% $1,861,978.25 1.81% 100% $102,776,691.22 $-917,926.22 90.89% $107,284,800.85 Total Fixed Income $-4,508,109.63 -4.20% $1,861,978.25 1.81% 100% (1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 23 of 78 Item #8. Page 26
Meeting Date: 4/23/2024 / Packet Page #: 312
Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)Total Portfolio $113,078,622.13 $-4,508,109.63 -4.09% $2,246,582.94 1.99% 100% $110,202,210.96 100% Unrealized
gain/loss
(%)
Unrealized
gain/loss ($)
% of
asset
class
Est. annual
Cost basis ($) income ($)
Current
Market value ($) yield (%)
% of
portfolio
Total accrued interest (included in market values): $369,612.71 Balanced mutual funds represented in multiple asset classes based on Morningstar allocations. (1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 24 of 78 Item #8. Page 27
Meeting Date: 4/23/2024 / Packet Page #: 313
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024Summary of Portfolio Holdings
Unrealized
Cost basis ($) gain/loss (%)
Est. annual
income ($)
Unrealized
gain/loss ($)
Value on
03/31/2024 ($)
Current
yield (%)
% of
portfolio
A Cash 70,670.12 7,455,190.92 0.00 0.00% 384,604.69 5.16% 6.76% Cash 70,670.12 7,455,190.92 0.00 0.00% 384,604.69 5.16% 6.76% US 70,670.12 7,455,190.92 0.00 0.00% 384,604.69 5.16% 6.76% B Fixed Income 107,284,800.8 102,776,691.22 -4,508,109.63 -4.20% 1,861,978.25 1.81% 93.24% US 107,284,800.85 102,776,691.22 -4,508,109.63 -4.20% 1,861,978.25 1.81% 93.24% US Fixed Income 17,967,560.64 17,369,318.12 -598,242.52 -3.33% 378,991.00 2.18% 15.76% Government 59,135,046.77 56,628,101.23 -2,506,945.54 -4.24% 956,306.50 1.69% 51.37% Municipals 250,000.00 250,982.71 982.71 0.39% 12,872.50 5.13% 0.23% Corporate IG Credit 29,932,193.44 28,528,289.16 -1,403,904.28 -4.69% 513,808.25 1.80% 25.88% C Equity 0.00 0.00 0.00 0.00% NA NA 0.00%D Commodities 0.00 0.00 0.00 0.00% NA NA 0.00%E Non-Traditional 0.00 0.00 0.00 0.00% NA NA 0.00%F Other 0.00 0.00 0.00 0.00% NA NA 0.00%Total Portfolio $107,355,470.97 $110,231,882.14 $-4,508,109.63 -4.20% $2,246,582.94 2.04% 100% Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category B
A
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 25 of 78 Item #8. Page 28
Meeting Date: 4/23/2024 / Packet Page #: 314
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Details of Portfolio Holdings
% of
asset
class
Est. annual
Cost basis ($) income ($)
Unrealized
gain/loss
(%)
Unrealized
Market value ($) gain/loss ($)
Current
yield (%)
Total Portfolio $110,231,882.14 $-4,508,109.63 -4.20% $2,246,582.94 2.04% 100% $107,355,470.97 100% % of
portfolio
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) / Cash Avg Price Market value ($)
Price on
03/31/2024
($)
% of
Cash
% of
portfolio
Cash
US
UBS INSURED SWEEP 152,402.80 1.00 152,402.80 152,402.80 0.00 0.00% 609.61 0.40% 0.14%PROGRAM

1.00 2.04%
UBS SELECT TREASURY 7,384,520.80 0.00 0.00 7,384,520.80 0.00 0.00% 383,995.08 5.20% 6.70%INSTITUTIONAL FUND

1.00 99.05%
USD CASH -81,732.68 1.00 1.00 -81,732.68 -81,732.68 0.00 0.00% NA NA -1.10% -0.07% Total US $70,670.12 $7,455,190.92 $0.00 0.00% $384,604.69 5.16% 100% 6.76% Total Cash $70,670.12 $7,455,190.92 $0.00 0.00% $384,604.69 5.16% 100% 6.76% Total Cash $70,670.12 $7,455,190.92 $0.00 0.00% $384,604.69 5.16% 100% 6.76% Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
AFFINITY PLUS MN US RT 245,000.00 100.00 245,000.00 246,284.27 0.00 1,284.27 0.52% 12,372.50 5.02% 0.22%05.0500% MAT 03/20/26LICU SHARE CERTIFICATE 100.37 0.24%
ALLY BK UT US RT 245,000.00 100.00 245,000.00 240,689.95 0.00 -4,310.05 -1.76% 8,697.50 3.61% 0.22%03.5500% MAT 06/30/26FIXED RATE CD

97.35 0.23%
AMERICAN COMM BK GA 245,000.00 100.00 245,000.00 229,037.91 0.00 -15,962.09 -6.52% 980.00 0.43% 0.21%US RT 00.4000% MAT09/22/25 FIXED RATE CD

93.48 0.22%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 26 of 78 Item #8. Page 29
Meeting Date: 4/23/2024 / Packet Page #: 315
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
ARBOR FINL CREDIT MI US 245,000.00 100.00 245,000.00 249,021.83 0.00 4,021.83 1.64% 12,250.00 4.92% 0.23%RT 05.0000% MAT 04/03/28FIXED RATE CD 101.26 0.24%
BANK3 TENNESSEE TN US RT 245,000.00 100.00 245,000.00 229,693.10 0.00 -15,306.90 -6.25% 980.00 0.43% 0.21%00.4000% MAT 08/28/25FIXED RATE CD

93.75 0.22%
BANKUNITED NA FLOR FL US 245,000.00 100.00 245,000.00 226,994.18 0.00 -18,005.82 -7.35% 2,327.50 1.03% 0.21%RT 00.9500% MAT 03/31/26FIXED RATE CD

92.57 0.22%
BEAL BANK - PLANO TX US 245,000.00 100.00 245,000.00 246,992.99 0.00 1,992.99 0.81% 5,390.00 2.18% 0.22%RT 02.2000% MAT 04/17/24FIXED RATE CD

99.83 0.24%
BELL ST B&T ND US RT 245,000.00 100.00 245,000.00 237,335.26 0.00 -7,664.74 -3.13% 3,920.00 1.65% 0.22%01.6000% MAT 02/27/25FIXED RATE CD

96.85 0.23%
BK HAPOALIM BM NY US RT 245,000.00 100.00 245,000.00 227,759.22 0.00 -17,240.78 -7.04% 1,225.00 0.54% 0.21%00.5000% MAT 12/15/25FIXED RATE CD

92.82 0.22%
BMO HARRIS BK NA IL US RT 245,000.00 100.00 245,000.00 226,469.41 0.00 -18,530.59 -7.56% 1,960.00 0.87% 0.21%00.8000% MAT 03/18/26FIXED RATE CD

92.41 0.22%
BMW BANK NORTH AME UT 245,000.00 100.04 245,099.76 237,890.47 -214.14 -7,209.29 -2.94% 4,410.00 1.85% 0.22%US RT 01.8000% MAT03/04/25 FIXED RATE CD

96.97 0.23%
BOKF NA OK US RT 245,000.00 100.00 245,000.00 246,400.39 0.00 1,400.39 0.57% 11,637.50 4.72% 0.22%04.7500% MAT 02/17/27FIXED RATE CD 100.01 0.24%
CADENCE BANK MS US RT 245,000.00 100.00 245,000.00 248,728.93 0.00 3,728.93 1.52% 13,107.50 5.27% 0.23%05.3500% MAT 07/05/24FIXED RATE CD

99.94 0.24%
CAPITAL ONE BK USA VA US 245,000.00 100.00 245,000.00 224,462.35 0.00 -20,537.65 -8.38% 2,817.50 1.26% 0.20%RT 01.1500% MAT 11/24/26FIXED RATE CD

91.21 0.22%
CAPITAL ONE NA VA US RT 245,000.00 100.00 245,000.00 224,462.35 0.00 -20,537.65 -8.38% 2,817.50 1.26% 0.20%01.1500% MAT 11/24/26FIXED RATE CD

91.21 0.22%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 27 of 78 Item #8. Page 30
Meeting Date: 4/23/2024 / Packet Page #: 316
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
CENTERSTATE BK NA FL US 245,000.00 100.00 245,000.00 235,572.84 0.00 -9,427.16 -3.85% 2,450.00 1.04% 0.21%RT 01.0000% MAT 04/30/25FIXED RATE CD

95.73 0.23%
CFG COMMUNITY BANK 245,000.00 100.00 245,000.00 241,528.69 0.00 -3,471.31 -1.42% 9,310.00 3.85% 0.22%MD US RT 03.8000% MAT03/11/26 FIXED RATE CD

98.07 0.24%
CHAMBERS BANK AK US RT 108,000.00 100.00 108,000.00 100,990.40 0.00 -7,009.60 -6.49% 378.00 0.37% 0.09%00.3500% MAT 09/22/25FIXED RATE CD

96.90 0.23%
CITIZENS ST BK CLA WI US 219,000.00 100.00 219,000.00 214,776.33 0.00 -4,223.67 -1.93% 3,723.00 1.73% 0.19%RT 01.7000% MAT 10/31/24FIXED RATE CD

97.93 0.21%
COMMUNITY BK TN US RT 245,000.00 100.00 245,000.00 229,720.52 0.00 -15,279.48 -6.24% 980.00 0.43% 0.21%00.4000% MAT 08/26/25FIXED RATE CD

93.76 0.22%
COMMUNITYWIDE FED IN 245,000.00 100.00 245,000.00 243,987.41 0.00 -1,012.59 -0.41% 5,512.50 2.26% 0.22%US RT 02.2500% MAT06/28/24 FIXED RATE CD

99.22 0.24%
CONNEXUS CREDIT UN WI 245,000.00 100.00 245,000.00 243,031.37 0.00 -1,968.63 -0.80% 735.00 0.30% 0.22%US RT 00.3000% MAT05/28/24 CREDIT UNIONSHARE CERT

99.17 0.24%
CY-FAIR FED CREDIT TX US 245,000.00 100.00 245,000.00 248,571.73 0.00 3,571.73 1.46% 12,985.00 5.22% 0.23%RT 05.3000% MAT 07/14/28FIXED RATE CD 101.21 0.24%
DISCOVER BANK DE US RT 245,000.00 100.00 245,000.00 237,824.42 0.00 -7,175.58 -2.93% 7,840.00 3.30% 0.22%03.2000% MAT 05/24/27FIXED RATE CD

95.95 0.23%
EAGLEMARK SVGS BK NV 245,000.00 100.27 245,658.37 227,719.92 -444.73 -17,938.45 -7.30% 4,900.00 2.15% 0.21%US RT 02.0000% MAT03/02/27 FIXED RATE CD

92.79 0.22%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 28 of 78 Item #8. Page 31
Meeting Date: 4/23/2024 / Packet Page #: 317
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
ENCORE BANK AR US RT 245,000.00 100.00 245,000.00 233,639.52 0.00 -11,360.48 -4.64% 1,960.00 0.84% 0.21%00.8000% MAT 05/15/25FIXED RATE CD

95.33 0.23%
ENERBANK UT US RT 245,000.00 100.00 245,000.00 232,606.36 0.00 -12,393.64 -5.06% 1,592.50 0.68% 0.21%00.6500% MAT 06/19/25FIXED RATE CD

94.85 0.23%
FIRST NATL BK KS US RT 245,000.00 100.00 245,000.00 241,849.60 0.00 -3,150.40 -1.29% 4,532.50 1.87% 0.22%01.8500% MAT 08/30/24FIXED RATE CD

98.56 0.24%
FIRST ST BK AR US RT 245,000.00 100.00 245,000.00 241,787.75 0.00 -3,212.25 -1.31% 4,410.00 1.82% 0.22%01.8000% MAT 08/30/24FIXED RATE CD

98.54 0.24%
FLAGSTAR BANK, FSB MI US 245,000.00 100.00 245,000.00 235,751.59 0.00 -9,248.41 -3.77% 2,572.50 1.09% 0.21%RT 01.0500% MAT 04/30/25FIXED RATE CD

95.79 0.23%
GREAT STHN BK MO US RT 245,000.00 100.00 245,000.00 243,666.26 0.00 -1,333.74 -0.54% 11,025.00 4.52% 0.22%04.5000% MAT 10/20/25FIXED RATE CD

99.32 0.24%
GREENSTATE CREDIT IA US 245,000.00 100.00 245,000.00 226,647.25 0.00 -18,352.75 -7.49% 2,327.50 1.03% 0.21%RT 00.9500% MAT 04/16/26FIXED RATE CD

92.43 0.22%
HOME LN INVT BK RI US RT 245,000.00 100.00 245,000.00 229,733.75 0.00 -15,266.25 -6.23% 980.00 0.43% 0.21%00.4000% MAT 08/29/25FIXED RATE CD

93.74 0.22%
HORIZON BK NE US RT 245,000.00 100.00 245,000.00 235,709.57 0.00 -9,290.43 -3.79% 3,185.00 1.35% 0.21%01.3000% MAT 04/15/25FIXED RATE CD

96.15 0.23%
JPMORGAN CHASE BK OH 245,000.00 100.00 245,000.00 230,863.40 0.00 -14,136.60 -5.77% 1,715.00 0.74% 0.21%US RT 00.7000% MAT09/30/25 FIXED RATE CD

93.88 0.22%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 29 of 78 Item #8. Page 32
Meeting Date: 4/23/2024 / Packet Page #: 318
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
LAFAYETTE FED CRED MD 245,000.00 100.00 245,000.00 235,688.69 0.00 -9,311.31 -3.80% 7,962.50 3.38% 0.21%US RT 03.2500% MAT06/15/27 LICU SHARECERTIFICATE

96.06 0.23%
LIVE OAK BKG CO NC US RT 245,000.00 100.00 245,000.00 223,392.85 0.00 -21,607.15 -8.82% 1,960.00 0.88% 0.20%00.8000% MAT 08/13/26FIXED RATE CD

91.12 0.22%
MCHENRY SVGS BK IL US RT 245,000.00 100.00 245,000.00 239,787.94 0.00 -5,212.06 -2.13% 4,287.50 1.79% 0.22%01.7500% MAT 11/29/24FIXED RATE CD

97.72 0.23%
MEDALLION BK UT US RT 245,000.00 100.00 245,000.00 231,029.40 0.00 -13,970.60 -5.70% 1,347.50 0.58% 0.21%00.5500% MAT 07/30/25FIXED RATE CD

94.25 0.22%
METRO CREDIT UNION MA 245,000.00 100.00 245,000.00 225,764.38 0.00 -19,235.62 -7.85% 4,165.00 1.84% 0.20%US RT 01.7000% MAT02/18/27 LICU SHARECERTIFICATE

92.01 0.22%
MONEY ONE FED CRED MD 248,000.00 100.73 249,814.76 244,088.63 -12,450.42 -5,726.13 -2.29% 4,960.00 2.03% 0.22%US RT 02.0000% MAT09/23/24 FIXED RATE CD

98.38 0.24%
MORGAN STANLEY BK UT 245,000.00 100.00 245,000.00 243,900.79 0.00 -1,099.21 -0.45% 10,412.50 4.27% 0.22%US RT 04.2500% MAT02/02/26 FIXED RATE CD

98.88 0.24%
MORGAN STANLEY PRV NY 245,000.00 100.00 245,000.00 242,236.94 0.00 -2,763.06 -1.13% 4,900.00 2.02% 0.22%US RT 02.0000% MAT08/22/24 FIXED RATE CD

98.66 0.24%
MORTON CMNTY BK IL US 245,000.00 100.00 245,000.00 232,602.33 0.00 -12,397.67 -5.06% 1,470.00 0.63% 0.21%RT 00.6000% MAT 06/19/25FIXED RATE CD

94.92 0.23%
NEW ORLEANS FIREME LA 245,000.00 100.00 245,000.00 251,913.36 0.00 6,913.36 2.82% 12,250.00 4.86% 0.23%US RT 05.0000% MAT07/17/28 FIXED RATE CD 102.63 0.25%
NEW YORK CMNTY BK NY 245,000.00 100.00 245,000.00 224,188.32 0.00 -20,811.68 -8.49% 1,715.00 0.76% 0.20%US RT 00.7000% MAT07/01/26 FIXED RATE CD

91.33 0.22%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 30 of 78 Item #8. Page 33
Meeting Date: 4/23/2024 / Packet Page #: 319
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
OCEANFIRST BK NA NJ US 245,000.00 100.00 245,000.00 245,686.20 0.00 686.20 0.28% 7,962.50 3.24% 0.22%RT 03.2500% MAT 07/01/24FIXED RATE CD

99.45 0.24%
PACIFIC CREST SVGS WA US 245,000.00 100.00 245,000.00 235,256.15 0.00 -9,743.85 -3.98% 2,940.00 1.25% 0.21%RT 01.2000% MAT 04/30/25FIXED RATE CD

95.92 0.23%
PACIFIC WSTN BK CA US RT 245,000.00 100.00 245,000.00 237,259.64 0.00 -7,740.36 -3.16% 3,307.50 1.39% 0.22%01.3500% MAT 04/16/25FIXED RATE CD

96.22 0.23%
PENTAGON FED CREDI VA 245,000.00 100.00 245,000.00 225,604.69 0.00 -19,395.31 -7.92% 4,165.00 1.85% 0.20%US RT 01.7000% MAT02/18/27 CREDIT UNIONSHARE CERT

97.93 0.24%
SALLIE MAE BANK UT US RT 245,000.00 100.00 245,000.00 244,559.37 0.00 -440.63 -0.18% 8,207.50 3.36% 0.22%03.3500% MAT 08/05/24FIXED RATE CD

99.30 0.24%
SAN FRANCISCO FED CA US 245,000.00 100.00 245,000.00 235,530.88 0.00 -9,469.12 -3.86% 2,695.00 1.14% 0.21%RT 01.1000% MAT 03/27/25LICU SHARE CERTIFICATE

96.12 0.23%
SAVOY BK NY US RT 245,000.00 100.00 245,000.00 233,699.26 0.00 -11,300.74 -4.61% 1,960.00 0.84% 0.21%00.8000% MAT 05/13/25FIXED RATE CD

95.35 0.23%
SOMERSET TRUST CO PA US 245,000.00 100.00 245,000.00 235,532.90 0.00 -9,467.10 -3.86% 2,450.00 1.04% 0.21%RT 01.0000% MAT 03/19/25FIXED RATE CD

96.10 0.23%
STATE BANK OF INDI NY US 245,000.00 100.00 245,000.00 226,786.20 0.00 -18,213.80 -7.43% 2,205.00 0.97% 0.21%RT 00.9000% MAT 03/25/26FIXED RATE CD

92.55 0.22%
STOCKMAN BK MT US RT 245,000.00 100.00 245,000.00 234,065.92 0.00 -10,934.08 -4.46% 1,470.00 0.63% 0.21%00.6000% MAT 06/10/25FIXED RATE CD

95.35 0.23%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 31 of 78 Item #8. Page 34
Meeting Date: 4/23/2024 / Packet Page #: 320
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
SYNCHRONY BANK UT US 245,000.00 100.00 245,000.00 237,730.55 0.00 -7,269.45 -2.97% 4,900.00 2.06% 0.22%RT 02.0000% MAT 03/25/25FIXED RATE CD

93.18 0.22%
THIRD FED S&L ASSN OH US 245,000.00 100.00 245,000.00 241,475.66 0.00 -3,524.34 -1.44% 4,777.50 1.98% 0.22%RT 01.9500% MAT 11/25/24FIXED RATE CD

97.88 0.23%
TOYOTA FINL SVG BK NV US 245,000.00 100.00 245,000.00 227,225.22 0.00 -17,774.78 -7.26% 2,205.00 0.97% 0.21%RT 00.9000% MAT 04/22/26FIXED RATE CD

92.35 0.22%
UBS BANK UT US RT 245,000.00 100.00 245,000.00 224,775.08 0.00 -20,224.92 -8.26% 2,082.50 0.93% 0.20%00.8500% MAT 06/16/26FIXED RATE CD

91.71 0.22%
USALLIANCE FED CRE NY US 245,000.00 100.00 245,000.00 229,585.57 0.00 -15,414.43 -6.29% 1,225.00 0.53% 0.21%RT 00.5000% MAT 09/29/25FIXED RATE CD

93.58 0.22%
VALLEY STRONG CRED CA 240,000.00 100.00 240,000.00 238,785.80 0.00 -1,214.20 -0.51% 6,840.00 2.86% 0.22%US RT 02.8500% MAT06/21/24 FIXED RATE CD

99.42 0.23%
VALLEYSTAR CR UN M VA 245,000.00 100.00 245,000.00 246,050.28 0.00 1,050.28 0.43% 12,250.00 4.98% 0.22%US RT 05.0000% MAT03/20/26 LICU SHARECERTIFICATE 100.28 0.24%
VIGO CNTY FED CR U IN US 245,000.00 100.00 245,000.00 245,298.30 0.00 298.30 0.12% 12,862.50 5.24% 0.22%RT 05.2500% MAT 07/16/24LICU SHARE CERTIFICATE

99.91 0.24%
WEBBANK UT US RT 245,000.00 100.00 245,000.00 243,265.17 0.00 -1,734.83 -0.71% 857.50 0.35% 0.22%00.3500% MAT 05/28/24FIXED RATE CD

99.17 0.24%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 32 of 78 Item #8. Page 35
Meeting Date: 4/23/2024 / Packet Page #: 321
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
WELLS FARGO BK NA SD US 245,000.00 100.00 244,987.75 243,529.56 0.00 -1,458.19 -0.60% 10,045.00 4.12% 0.22%RT 04.1000% MAT 02/06/29FIXED RATE CD

99.12 0.24%
Total US Fixed Income $17,967,560.64 $17,369,318.12 $-13,109.29 $-598,242.52 -3.33% $378,991.00 2.18% 16.90% 15.76% Government
FEDERAL FARM CREDIT 2,000,000.00 100.00 2,000,000.00 1,949,195.56 0.00 -50,804.44 -2.54% 19,400.00 1.00% 1.77%BANK 00.970 % DUE120924 DTD 120921 FC06092022

97.16 1.90%
FFCB BOND 00.440 % DUE 2,000,000.00 100.00 2,000,000.00 1,955,495.56 0.00 -44,504.44 -2.23% 8,800.00 0.45% 1.77%092324 DTD 092321 FC03232022

97.77 1.90%
FFCB BOND 00.600 % DUE 2,000,000.00 100.00 2,000,000.00 1,901,120.00 0.00 -98,880.00 -4.94% 12,000.00 0.63% 1.72%061625 DTD 061621 FC12162021

94.88 1.85%
FFCB BOND 00.600 % DUE 2,000,000.00 100.00 2,000,000.00 1,870,293.33 0.00 -129,706.67 -6.49% 12,000.00 0.64% 1.70%112425 DTD 112420 FC05242021

93.30 1.82%
FFCB BOND 00.610 % DUE 2,000,000.00 100.00 2,000,000.00 1,907,477.78 0.00 -92,522.22 -4.63% 12,200.00 0.64% 1.73%052325 DTD 082321 FC11232021

95.16 1.86%
FFCB BOND 00.660 % DUE 2,000,000.00 100.00 2,000,000.00 1,883,346.67 0.00 -116,653.33 -5.83% 13,200.00 0.70% 1.71%091525 DTD 091521 FC03152022

94.14 1.83%
FFCB BOND 00.680 % DUE 2,000,000.00 100.00 2,000,000.00 1,910,566.67 0.00 -89,433.33 -4.47% 13,600.00 0.71% 1.73%051925 DTD 051921 FC11192021

95.28 1.86%
FFCB BOND 00.710 % DUE 2,000,000.00 100.00 2,000,000.00 1,915,671.11 0.00 -84,328.89 -4.22% 14,200.00 0.74% 1.74%042125 DTD 042121 FC10212021

95.47 1.86%
FFCB BOND 01.840 % DUE 2,000,000.00 100.00 2,000,000.00 1,859,424.44 0.00 -140,575.56 -7.03% 36,800.00 1.98% 1.69%012627 DTD 012622 FC07262022

92.64 1.81%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 33 of 78 Item #8. Page 36
Meeting Date: 4/23/2024 / Packet Page #: 322
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
Government
FFCB NTS 00.940 % DUE 2,000,000.00 100.00 2,000,000.00 1,823,436.67 0.00 -176,563.33 -8.83% 18,800.00 1.03% 1.65%092826 DTD 092821 FC03282022

91.16 1.77%
FHLB BOND 00.625 % DUE 2,000,000.00 100.00 2,000,000.00 1,898,425.00 0.00 -101,575.00 -5.08% 12,500.00 0.66% 1.72%063025 DTD 063021 FC12302021

94.77 1.85%
FHLB BOND 01.050 % DUE 1,000,000.00 96.84 968,385.25 922,180.00 0.00 -46,205.25 -4.77% 10,500.00 1.14% 0.84%081326 DTD 081321 FC02132022

92.08 0.90%
FHLB BOND 01.780 % DUE 2,000,000.00 100.00 2,000,000.00 1,855,123.33 0.00 -144,876.67 -7.24% 35,600.00 1.92% 1.68%021027 DTD 021022 FC08102022

92.50 1.81%
FHLB BOND 02.010 % DUE 3,215,000.00 95.65 3,075,098.40 3,000,302.30 0.00 -74,796.10 -2.43% 64,621.50 2.15% 2.72%022527 DTD 022522 FC08252022

93.12 2.92%
FHLB BOND 05.400 % DUE 2,000,000.00 100.00 2,000,004.22 2,008,880.00 -1.04 8,875.78 0.44% 108,000.00 5.38% 1.82%022428 DTD 022423 FC08242023

99.89 1.95%
FHLB BOND 05.450 % DUE 490,000.00 100.00 490,000.00 490,603.11 0.00 603.11 0.12% 26,705.00 5.44% 0.45%031627 DTD 121622 FC03162023

99.90 0.48%
FHLB BOND 05.650 % DUE 2,000,000.00 100.00 2,000,004.39 2,050,245.00 -0.86 50,240.61 2.51% 113,000.00 5.51% 1.86%042828 DTD 042823 FC10282023 100.11 1.99%
FHLB BOND STEP-UP 2,000,000.00 100.00 2,000,000.00 1,872,115.00 0.00 -127,885.00 -6.39% 17,500.00 0.93% 1.70%0.875% DUE 063026 DTD063021 FC 12302021

93.39 1.82%
FHLB NTS 1.0500% DUE 2,000,000.00 100.00 2,000,000.00 1,874,900.00 0.00 -125,100.00 -6.25% 21,000.00 1.12% 1.70%033026 DTD 033021 FC09302021

93.22 1.82%
FHLB NTS 1.1500% DUE 2,000,000.00 100.00 2,000,000.00 1,846,756.11 0.00 -153,243.89 -7.66% 23,000.00 1.25% 1.68%082626 DTD 082621 FC02262022

92.23 1.80%
FHLB NTS 1.5000% DUE 2,000,000.00 100.00 2,000,000.00 1,875,260.00 0.00 -124,740.00 -6.24% 30,000.00 1.60% 1.70%063026 DTD 063021 FC12302021

93.39 1.82%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 34 of 78 Item #8. Page 37
Meeting Date: 4/23/2024 / Packet Page #: 323
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
Government
FHLMC MED TERM NTS 1,000,000.00 99.85 998,500.00 945,874.44 0.00 -52,625.56 -5.27% 5,000.00 0.53% 0.86%00.500 % DUE 072325 DTD072320 FC 01232021

94.49 0.92%
FHLMC MED TERM NTS 2,000,000.00 100.00 2,000,000.00 1,909,708.33 0.00 -90,291.67 -4.51% 14,600.00 0.76% 1.73%00.730 % DUE 052825 DTD052820 FC 11282020

95.24 1.86%
FHLMC MED TERM NTS 2,000,000.00 100.00 2,000,000.00 2,004,278.33 0.00 4,278.33 0.21% 61,000.00 3.04% 1.82%03.050 % DUE 062824 DTD062822 FC 12282022

99.43 1.95%
FHLMC MED TERM NTS 1,000,000.00 100.00 1,000,000.00 1,004,156.67 0.00 4,156.67 0.42% 51,000.00 5.08% 0.91%05.100 % DUE 012728 DTD013023 FC 07272023

99.51 0.98%
FHLMC MED TERM NTS 1,175,000.00 100.00 1,175,000.00 1,184,872.61 0.00 9,872.61 0.84% 62,275.00 5.26% 1.07%05.300 % DUE 012726 DTD012723 FC 07272023

99.90 1.15%
FNMA NTS 00.500 % DUE 1,000,000.00 100.00 999,950.00 941,192.78 0.00 -58,757.22 -5.88% 5,000.00 0.53% 0.85%081425 DTD 081420 FC02142021

94.05 0.92%
FNMA NTS 00.540 % DUE 2,000,000.00 100.00 2,000,000.00 1,869,880.00 0.00 -130,120.00 -6.51% 10,800.00 0.58% 1.70%102725 DTD 102720 FC04272021

93.26 1.82%
FNMA NTS 00.560 % DUE 2,000,000.00 100.00 2,000,000.00 1,868,108.89 0.00 -131,891.11 -6.59% 11,200.00 0.60% 1.69%111725 DTD 111720 FC05172021

93.20 1.82%
FNMA NTS 04.125 % DUE 988,000.00 99.59 983,948.13 980,157.34 0.00 -3,790.79 -0.39% 40,755.00 4.16% 0.89%082825 DTD 083022 FC02282023

98.85 0.95%
INTL FIN CORP NTS 00.500 2,000,000.00 100.00 2,000,000.00 1,864,477.78 0.00 -135,522.22 -6.78% 10,000.00 0.54% 1.69%% DUE 051526 DTD 052821FC 11152021

93.04 1.81%
US TSY NOTE 01.125 % DUE 1,000,000.00 98.21 982,052.13 923,447.80 0.00 -58,604.33 -5.97% 11,250.00 1.22% 0.84%10/31/26 DTD 10/31/21 FC04/30/22

91.88 0.90%
US TSY NOTE 01.750 % DUE 1,500,000.00 97.67 1,465,036.50 1,469,182.50 0.00 4,146.00 0.28% 26,250.00 1.79% 1.33%12/31/24 DTD 12/31/19 FC06/30/20

97.51 1.43%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 35 of 78 Item #8. Page 38
Meeting Date: 4/23/2024 / Packet Page #: 324
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
Government
US TSY NOTE 02.375 % DUE 1,000,000.00 99.71 997,067.75 991,946.13 0.00 -5,121.62 -0.51% 23,750.00 2.39% 0.90%08/15/24 DTD 08/15/14 FC02/15/15

98.90 0.97%
Total Government $59,135,046.77 $56,628,101.23 $-1.90 $-2,506,945.54 -4.24% $956,306.50 1.69% 55.10% 51.37% Municipals
SULPHUR SPRINGS CAL UNI 250,000.00 100.00 250,000.00 250,982.71 0.00 982.71 0.39% 12,872.50 5.13% 0.23%TAX SR F BE/R/ 5.149090124 DTD 110322

99.96 0.24%
Total Municipals $250,000.00 $250,982.71 $0.00 $982.71 0.39% $12,872.50 5.13% 0.24% 0.23%Corporate IG Credit AMAZON COM INC NTS B/E 1,000,000.00 100.12 1,001,153.13 955,622.22 -3,669.57 -45,530.91 -4.55% 8,000.00 0.84% 0.87%00.800% 060325DTD060320CALL@MW+10BP

95.30 0.93%
CATERPILLAR FINL SERVICE 2,026,000.00 100.84 2,043,054.69 1,953,829.38 -53,390.52 -89,225.31 -4.37% 29,377.00 1.50% 1.77%01.450% 051525DTD051520 FC111520CALL@MW+20BP

95.89 1.90%
CHARLES SCHWAB CORP 2,000,000.00 99.49 1,989,860.00 1,844,320.00 0.00 -145,540.00 -7.31% 18,000.00 0.98% 1.67%NTS 00.900% 031126DTD121120 FC031121CALL@MW+10BP

92.17 1.79%
COMCAST CORP NEW B/E 1,000,000.00 103.57 1,035,706.18 981,762.50 -83,435.36 -53,943.68 -5.21% 33,750.00 3.44% 0.89%03.375% 081525DTD052715 FC081515CALL@MW+20BP

97.75 0.96%
E I DU PONT DE NEMOURS 2,141,000.00 100.97 2,161,729.01 2,051,696.51 -45,065.24 -110,032.50 -5.09% 36,397.00 1.77% 1.86%01.700% 071525DTD051520 FC011521CALL@MW+25BP

95.47 2.00%
HONEYWELL INTL NTS B/E 1,122,000.00 100.47 1,127,329.14 1,111,418.29 -53,715.74 -15,910.85 -1.41% 25,806.00 2.32% 1.01%02.300% 081524DTD080819CALL@MW+10BP

98.76 1.08%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 36 of 78 Item #8. Page 39
Meeting Date: 4/23/2024 / Packet Page #: 325
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
Corporate IG Credit
IBM CORP NTS B/E 03.000% 1,664,000.00 100.28 1,668,724.92 1,677,101.23 -134,103.29 8,376.31 0.50% 49,920.00 2.98% 1.52%051524 DTD051519FC111519CALL@MW+15BP

99.65 1.63%
INTEL CORP NTS B/E 1,054,000.00 102.80 1,083,534.72 1,035,425.01 -104,152.93 -48,109.71 -4.44% 35,836.00 3.46% 0.94%03.400% 032525DTD032520CALL@MW+45BP

98.18 1.01%
JOHN DEERE CAPITAL CORP 1,124,000.00 101.19 1,137,357.54 1,102,193.78 -55,658.55 -35,163.76 -3.09% 23,042.00 2.09% 1.00%02.050% 010925DTD010920 FC070920 NTSB/E

97.59 1.07%
JOHN DEERE CPTL CORP 2,000,000.00 100.07 2,001,424.27 1,860,475.56 -2,477.92 -140,948.71 -7.04% 14,000.00 0.75% 1.69%00.700% 011526DTD010721 FC071521 MEDTERM NTS

92.88 1.81%
JPMORGAN CHASE & CO 1,200,000.00 100.00 1,200,000.00 1,089,525.33 0.00 -110,474.67 -9.21% 9,600.00 0.88% 0.99%00.800% 022626DTD022621 FC082621 MEDTERM NTS

90.72 1.06%
JPMORGAN CHASE & CO 1,017,000.00 101.67 1,033,941.13 1,004,605.60 -75,968.21 -29,335.53 -2.84% 31,781.25 3.16% 0.91%B/E 03.125% 012325DTD012315 FC072315

98.19 0.98%
MASTERCARD INC NTS B/E 2,000,000.00 100.81 2,016,139.88 1,945,571.11 -66,548.15 -70,568.77 -3.50% 40,000.00 2.06% 1.76%02.000% 030325DTD120319 FC030320CALL@MW+10BP

97.12 1.89%
MICROSOFT CORP B/E 1,000,000.00 101.86 1,018,643.03 983,305.00 -75,786.24 -35,338.03 -3.47% 27,000.00 2.75% 0.89%02.700% 021225DTD021215 FC081215CALL@MW+12.5BP

97.96 0.96%
MORGAN STANLEY FIN LLC 2,000,000.00 100.00 2,000,000.00 1,787,463.33 0.00 -212,536.67 -10.63% 21,000.00 1.17% 1.62%01.050% 082726DTD082721 FC022722 MEDTERM NTS

89.27 1.74%
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 37 of 78 Item #8. Page 40
Meeting Date: 4/23/2024 / Packet Page #: 326
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Portfolio Holdings as of March 31, 2024 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/28/2024
Price on
03/31/2024
($)
% of
Fixed
Income
% of
portfolio
US
Corporate IG Credit
TARGET CORP NTS B/E 2,000,000.00 101.44 2,028,823.13 1,962,810.00 -103,552.85 -66,013.13 -3.25% 45,000.00 2.29% 1.78%02.250% 041525DTD033120 FC101520CALL@MW+30BP

97.10 1.91%
TOYOTA MOTOR CRDT 2,000,000.00 99.45 1,988,920.00 1,958,165.00 0.00 -30,755.00 -1.55% 12,500.00 0.64% 1.78%CORP 00.625% 091324DTD091321 FC031322 NTSB/E

97.88 1.91%
TRUIST BANK NTS B/E 1,386,000.00 100.56 1,393,788.19 1,363,710.43 -44,592.28 -30,077.76 -2.16% 29,799.00 2.19% 1.24%02.150% 120624DTD120619 FC060620

97.71 1.33%
UNITED HEALTH GROUP INC 2,000,000.00 100.10 2,002,064.48 1,859,288.89 -2,698.18 -142,775.59 -7.13% 23,000.00 1.24% 1.69%01.150% 051526DTD051921 FC111521CALL@MW+07.50BP

92.53 1.81%
Total Corporate IG Credit $29,932,193.44 $28,528,289.16 $-904,815.03 $-1,403,904.28 -4.69% $513,808.25 1.80% 27.76% 25.88% Total US $102,776,691.22 $-917,926.22 93.24% $107,284,800.85 $-4,508,109.63 -4.20% $1,861,978.25 1.81% 100% $102,776,691.22 $-917,926.22 93.24% $107,284,800.85 Total Fixed Income $-4,508,109.63 -4.20% $1,861,978.25 1.81% 100% Total Portfolio $110,231,882.14 $-4,508,109.63 -4.20% $2,246,582.94 2.04% 100% $107,355,470.97 100% Unrealized
gain/loss
(%)
Unrealized
gain/loss ($)
% of
asset
class
Est. annual
Cost basis ($) income ($)
Current
Market value ($) yield (%)
% of
portfolio
Total accrued interest (included in market values): $369,612.71 Balanced mutual funds represented in multiple asset classes based on Morningstar allocations.

Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 38 of 78 Item #8. Page 41
Meeting Date: 4/23/2024 / Packet Page #: 327
@SX XXX279 • CITY OF GL • Non UBS Investment LAIF
Prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024Summary of Portfolio Holdings Unrealized
Cost basis ($) gain/loss (%)
Est. annual
income ($)
Unrealized
gain/loss ($)
Value on
03/31/2024 ($)
Current
yield (%)
% of
portfolio
A Cash 329,034.82 329,034.82 0.00 0.00% NA NA 100.00%
Cash 329,034.82 329,034.82 0.00 0.00% NA NA 100.00%
US 329,034.82 329,034.82 0.00 0.00% NA NA 100.00%
B Fixed Income 0.00 0.00 0.00 0.00% NA NA 0.00%C Equity 0.00 0.00 0.00 0.00% NA NA 0.00%D Commodities 0.00 0.00 0.00 0.00% NA NA 0.00%E Non-Traditional 0.00 0.00 0.00 0.00% NA NA 0.00%F Other 0.00 0.00 0.00 0.00% NA NA 0.00%Total Portfolio $329,034.82 $329,034.82 $0.00 0.00% NA NA 100% Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category A
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 39 of 78 Item #8. Page 42
Meeting Date: 4/23/2024 / Packet Page #: 328
@SX XXX279 • CITY OF GL • Non UBS Investment LAIF
Prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Details of Portfolio Holdings
% of
asset
class
Est. annual
Cost basis ($) income ($)
Unrealized
gain/loss
(%)
Unrealized
Market value ($) gain/loss ($)
Current
yield (%)
Total Portfolio $329,034.82 $329,034.82 $0.00 0.00% NA NA 100% 100% % of
portfolio
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) / Cash Avg Price Market value ($)
Price on
03/31/2024
($)
% of
Cash
% of
portfolio
Cash
US
Outside ASSET(1) 1.00 329,034.82 329,034.82 0.00 0.00% NA NA 100% 100.00%[Outside Account @SXXXX279]

1.00 Total US $329,034.82 $329,034.82 $0.00 0.00% NA NA 100% 100.00% Total Cash $329,034.82 $329,034.82 $0.00 0.00% NA NA 100% 100.00% Total Cash $329,034.82 $329,034.82 $0.00 0.00% NA NA 100% 100.00% Total Portfolio $329,034.82 $329,034.82 $0.00 0.00% NA NA 100% 100% Unrealized
gain/loss
(%)
Unrealized
gain/loss ($)
% of
asset
class
Est. annual
Cost basis ($) income ($)
Current
Market value ($) yield (%)
% of
portfolio
Total accrued interest (included in market values): $0.00 Balanced mutual funds represented in multiple asset classes based on Morningstar allocations. (1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 40 of 78 Item #8. Page 43
Meeting Date: 4/23/2024 / Packet Page #: 329
@SX XXX283 • CITY OF GL • Non UBS Investment Bank of America Prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024Summary of Portfolio Holdings Unrealized
Cost basis ($) gain/loss (%)
Est. annual
income ($)
Unrealized
gain/loss ($)
Value on
03/31/2024 ($)
Current
yield (%)
% of
portfolio
A Cash 2,517,705.17 2,517,705.17 0.00 0.00% NA NA 100.00% Cash 2,517,705.17 2,517,705.17 0.00 0.00% NA NA 100.00% US 2,517,705.17 2,517,705.17 0.00 0.00% NA NA 100.00%
B Fixed Income 0.00 0.00 0.00 0.00% NA NA 0.00%C Equity 0.00 0.00 0.00 0.00% NA NA 0.00%D Commodities 0.00 0.00 0.00 0.00% NA NA 0.00%E Non-Traditional 0.00 0.00 0.00 0.00% NA NA 0.00%F Other 0.00 0.00 0.00 0.00% NA NA 0.00%Total Portfolio $2,517,705.17 $2,517,705.17 $0.00 0.00% NA NA 100% Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category A
Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 41 of 78 Item #8. Page 44
Meeting Date: 4/23/2024 / Packet Page #: 330
@SX XXX283 • CITY OF GL • Non UBS Investment Bank of America Prepared for City of Glendora
Portfolio Holdingsas of March 31, 2024 (continued)
Details of Portfolio Holdings
% of
asset
class
Est. annual
Cost basis ($) income ($)
Unrealized
gain/loss
(%)
Unrealized
Market value ($) gain/loss ($)
Current
yield (%)
Total Portfolio $2,517,705.17 $2,517,705.17 $0.00 0.00% NA NA 100% 100% % of
portfolio
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) / Cash Avg Price Market value ($)
Price on
03/31/2024
($)
% of
Cash
% of
portfolio
Cash
US
Outside ASSET(1) 1.00 2,517,705.17 2,517,705.17 0.00 0.00% NA NA 100% 100.00%[Outside Account @SXXXX283]

1.00 Total US $2,517,705.17 $2,517,705.17 $0.00 0.00% NA NA 100% 100.00% Total Cash $2,517,705.17 $2,517,705.17 $0.00 0.00% NA NA 100% 100.00% Total Cash $2,517,705.17 $2,517,705.17 $0.00 0.00% NA NA 100% 100.00% Total Portfolio $2,517,705.17 $2,517,705.17 $0.00 0.00% NA NA 100% 100% Unrealized
gain/loss
(%)
Unrealized
gain/loss ($)
% of
asset
class
Est. annual
Cost basis ($) income ($)
Current
Market value ($) yield (%)
% of
portfolio
Total accrued interest (included in market values): $0.00 Balanced mutual funds represented in multiple asset classes based on Morningstar allocations. (1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 42 of 78 Item #8. Page 45
Meeting Date: 4/23/2024 / Packet Page #: 331
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024Summary of Bond HoldingsMaturityYear Yield to
maturity (%)
Yield to
worst (%)
Unrealized
Issues gain/loss ($) Mkt. value ($)
Est. annual
income ($)
Adjusted
cost basis ($)
Modified
duration
Current
Quantity yield (%) % of bond portfolio maturing
2024 27 19,059,000 367,573.00 1.96% 5.35% 5.35% 0.45 19,029,681.26 -272,074.94 18,839,484.90

18.32%
2025 51 44,073,000 556,338.75 1.32% 5.06% 5.06% 1.19 44,265,580.33 -2,195,092.54 42,189,069.10

41.08%
2026 31 28,540,000 389,885.00 1.47% 5.06% 5.06% 2.07 28,483,786.13 -1,961,343.48 26,594,921.44

25.90%
2027 12 9,665,000 228,651.50 2.52% 4.67% 4.65% 2.62 9,525,756.77 -454,639.12 9,096,897.62

8.86%
2028 6 5,735,000 309,485.00 5.39% 5.36% 4.83% 2.13 5,735,008.61 7,573.94 5,812,788.59

5.61%
2029 1 245,000 10,045.00 4.14% 4.30% 4.30% 4.39 244,987.75 -2,146.20 243,529.56

0.24%
2030 0 0 N/A N/A N/A2031 0 0 N/A N/A N/A2032 0 0 N/A N/A N/A2033 0 0 N/A N/A N/A2034 0 0 N/A N/A N/A2035 0 0 N/A N/A N/A2036 0 0 N/A N/A N/A2037 0 0 N/A N/A N/A2038 0 0 N/A N/A N/A2039 0 0 N/A N/A N/A2040 0 0 N/A N/A N/A2041 0 0 N/A N/A N/A2042 0 0 N/A N/A N/A2043 0 0 N/A N/A N/A2044 0 0 N/A N/A N/A2045 0 0 N/A N/A N/A2046 0 0 N/A N/A N/A2047 0 0 N/A N/A N/A2048 0 0 N/A N/A N/A2049 0 0 N/A N/A N/A2049 + 0 0 N/A N/A N/AOther 0 0 N/A N/A N/ATotal 128 107,317,000 $1,861,978.25 1.82% 5.09% 5.06% 1.41 $107,284,800.85 $-4,877,722.34 $102,776,691.22Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 43 of 78 Item #8. Page 46
Meeting Date: 4/23/2024 / Packet Page #: 332
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)
Effective rating/
Underlying rating
(Mdy/Fitch/S&P)
Mkt. value ($)/
Accr. interest ($)
Adjusted
cost basis ($)/
Unreal. g/l ($)
Call date/
Coupon Call price ($)
Modified
duration
YTM (%)/
Quantity YTW (%)
Effective
maturity
% of
bond
port.

Market
price ($)

5.09%5.06%
11/19/2025 N/A 1.41$107,284,800.8 N/A $102,407,078.51
$-4,877,722.34
107,317,000

1.82% $369,612.71

1.76% $1,861,978.25 100%
$102,776,691.22
Total Bond Portfolio
Details of Bond Holdings
Est. annual
income ($)/
Curr. yield (%)
Maturing 2024
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 99.831
2,407.04

2.20%

2.20% -414.05
04/17/2024 0.05 244,585.95 0.24%

5.25%
BEAL BANK - PLANO TX US 5,390.00 5.25%RT 02.2000% MAT 04/17/24FIXED RATE CD /TX CD
1,664,000 1,668,724.92 99.654
18,858.67

3.00%

3.01% -10,482.36
05/15/2024 0.13 1,658,242.56 1.62%

5.61%
49,920.00 5.61%

NR/NR/NR
A3/A-/A- IBM CORP NTS B/E 03.000%
051524 DTD051519FC111519 CALL@MW+15BP
245,000 245,000.00 99.171

62.42 0.30%

0.30% -2,031.05
05/28/2024 0.17 242,968.95 0.24%

5.29%
CONNEXUS CREDIT UN WI 735.00 5.29%US RT 00.3000% MAT05/28/24 CREDIT UNIONSHARE CERT /WI CD
245,000 245,000.00 99.173
291.32

0.35%

0.35% -2,026.15
05/28/2024 03/28/2024 0.17 242,973.85 0.24%

5.35%5.35%
100.00
WEBBANK UT US RT 857.5000.3500% MAT 05/28/24FIXED RATE CD /UT CD
240,000 240,000.00 99.416
187.40

2.85%

2.87% -1,401.60
06/21/2024 04/21/2024 0.23 238,598.40 0.23%

5.38%5.38%
100.00
VALLEY STRONG CRED CA 6,840.00US RT 02.8500% MAT06/21/24 FIXED RATE CD /CA CD
245,000 245,000.00 99.223
891.06

2.25%

2.27% -1,903.65
06/28/2024 0.25 243,096.35 0.24%

5.36%
COMMUNITYWIDE FED IN US 5,512.50 5.36%RT 02.2500% MAT 06/28/24FIXED RATE CD /IN CD
2,000,000 2,000,000.00 99.426
15,758.33

3.05%

3.07% -11,480.00
06/28/2024 03/28/2024 0.25 1,988,520.00 1.94%

5.39%5.39%
100.00
61,000.00

NR/NR/NR
FHLMC MED TERM NTS Aaa/AA+/AA+03.050 % DUE 062824 DTD062822 FC 12282022 245,000 245,000.00 99.452
2,028.80

3.25%

3.27% -1,342.60
07/01/2024 0.26 243,657.40 0.24%

5.35%
OCEANFIRST BK NA NJ US RT 7,962.50 5.35%03.2500% MAT 07/01/24FIXED RATE CD /NJ CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 44 of 78 Item #8. Page 47
Meeting Date: 4/23/2024 / Packet Page #: 333
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2024 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 99.939
3,878.38

5.35%

5.35% -149.45
07/05/2024 0.27 244,850.55 0.24%

5.51%
CADENCE BANK MS US RT 13,107.50 5.51%05.3500% MAT 07/05/24FIXED RATE CD /MS CD
245,000 245,000.00 99.906
528.60

5.25%

5.25% -230.30
07/16/2024 0.30 244,769.70 0.24%

5.56%
VIGO CNTY FED CR U IN US 12,862.50 5.56%RT 05.2500% MAT 07/16/24LICU SHARE CERTIFICATE /IN CD
245,000 245,000.00 99.297
1,281.72

3.35%

3.37% -1,722.35
08/05/2024 0.35 243,277.65 0.24%

5.34%
SALLIE MAE BANK UT US RT 8,207.50 5.34%03.3500% MAT 08/05/24FIXED RATE CD /UT CD
1,122,000 1,127,329.14 98.763
3,297.43

2.30%

2.33% -19,208.28
08/15/2024 07/15/2024 0.37 1,108,120.86 1.08%

5.60%5.60%
100.00
25,806.00

NR/NR/NR
HONEYWELL INTL NTS B/E A2/A/A02.300% 081524DTD080819CALL@MW+10BP 1,000,000 997,067.75 98.901
2,936.13

2.38%

2.40% -8,057.75
08/15/2024 0.68 989,010.00 0.97%

5.28%
23,750.00 5.28%

NR/NR/NR
US TSY NOTE 02.375 % DUE Aaa/AA+/NR08/15/24 DTD 08/15/14 FC02/15/15 245,000 245,000.00 98.664
510.14

2.00%

2.03% -3,273.20
08/22/2024 0.39 241,726.80 0.24%

5.39%
MORGAN STANLEY PRV NY 4,900.00 5.39%US RT 02.0000% MAT08/22/24 FIXED RATE CD /NY CD
245,000 245,000.00 98.557
384.95

1.85%

1.88% -3,535.35
08/30/2024 0.42 241,464.65 0.24%

5.29%
FIRST NATL BK KS US RT 4,532.50 5.29%01.8500% MAT 08/30/24FIXED RATE CD /KS CD
245,000 245,000.00 98.536
374.55

1.80%

1.83% -3,586.80
08/30/2024 0.42 241,413.20 0.24%

5.29%
FIRST ST BK AR US RT 4,410.00 5.29%01.8000% MAT 08/30/24FIXED RATE CD /AR CD
250,000 250,000.00 99.964
1,072.71

5.15%

5.15% -90.00
09/01/2024 0.42 249,910.00 0.24%

5.22%
12,872.50 5.22%

NR/NR/NR
SULPHUR SPRINGS CAL UNI NR/NR/AATAX SR F BE/R/ 5.149 090124DTD 110322 /CA 2,000,000 1,988,920.00 97.877
625.00

0.63%

0.64% -31,380.00
09/13/2024 0.45 1,957,540.00 1.91%

5.37%
12,500.00 5.37%

NR/NR/NR
TOYOTA MOTOR CRDT A1/A+/A+CORP 00.625% 091324DTD091321 FC031322 NTSB/E 2,000,000 2,000,000.00 97.765
195.56

0.44%

0.45% -44,700.00
09/23/2024 0.47 1,955,300.00 1.91%

5.15%
8,800.00 5.15%

NR/NR/NR
FFCB BOND 00.440 % DUE Aaa/AA+/AA+092324 DTD 092321 FC03232022 Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 45 of 78 Item #8. Page 48
Meeting Date: 4/23/2024 / Packet Page #: 334
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2024 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
248,000 249,814.76 98.379
108.71

2.00%

2.03% -5,834.84
09/23/2024 0.48 243,979.92 0.24%

5.39%
MONEY ONE FED CRED MD 4,960.00 5.39%US RT 02.0000% MAT09/23/24 FIXED RATE CD/MD CD
219,000 219,000.00 97.927
316.20

1.70%

1.74% -4,539.87
10/31/2024 N/A 214,460.13 0.21%
N/A
CITIZENS ST BK CLA WI US 3,723.00 N/ART 01.7000% MAT 10/31/24FIXED RATE CD /WI CD
245,000 245,000.00 97.931
1,739.84

1.80%

1.84% -5,069.05
11/08/2024 0.60 239,930.95 0.23%

5.24%
RAYMOND JAMES BK N FL 4,410.00 5.24%US RT 01.8000% MAT11/08/24 FIXED RATE CD /FL CD
245,000 245,000.00 97.883
1,662.31

1.95%

1.99% -5,186.65
11/25/2024 0.64 239,813.35 0.23%

5.23%
THIRD FED S&L ASSN OH US 4,777.50 5.23%RT 01.9500% MAT 11/25/24FIXED RATE CD /OH CD
245,000 245,000.00 97.724
364.14

1.75%

1.79% -5,576.20
11/29/2024 0.67 239,423.80 0.23%

5.19%
MCHENRY SVGS BK IL US RT 4,287.50 5.19%01.7500% MAT 11/29/24FIXED RATE CD /IL CD
1,386,000 1,393,788.19 97.705
9,519.13

2.15%

2.20% -39,596.89
12/06/2024 11/06/2024 0.66 1,354,191.30 1.32%

5.59%5.59%
100.00
29,799.00

NR/NR/NR
TRUIST BANK NTS B/E A2/A/A02.150% 120624DTD120619 FC060620 2,000,000 2,000,000.00 97.158
6,035.56

0.97%

1.00% -56,840.00
12/09/2024 0.68 1,943,160.00 1.90%

5.17%
19,400.00 5.17%

NR/NR/NR
FEDERAL FARM CREDIT Aaa/AA+/AA+BANK 00.970 % DUE120924 DTD 120921 FC06092022 1,500,000 1,465,036.50 97.508
6,562.50

1.75%

1.79% -2,416.50
12/31/2024 0.73 1,462,620.00 1.43%

5.14%
26,250.00 5.14%

NR/NR/NR
US TSY NOTE 01.750 % DUE NR/AA+/NR12/31/24 DTD 12/31/19 FC06/30/20 Total 2024 19,059,000 1.94% 09/08/2024 $367,573.00

1.96%

5.35%5.35%

0.45$19,029,681.26
$-272,074.94
$18,757,606.32
$81,878.58

18.32%
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 46 of 78 Item #8. Page 49
Meeting Date: 4/23/2024 / Packet Page #: 335
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2025 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
1,124,000 1,137,357.54 97.593
5,248.46

2.05%

2.10% -40,412.22
01/09/2025 0.76 1,096,945.32 1.07%

5.23%
23,042.00 5.23%

NR/NR/NR
JOHN DEERE CAPITAL CORP A1/A+/A02.050% 010925DTD010920 FC070920 NTSB/E 1,017,000 1,033,941.13 98.191
6,003.13

3.13%

3.18% -35,338.66
01/23/2025 10/23/2024 0.79 998,602.47 0.98%

5.41%5.41%
100.00
31,781.25

NR/NR/NR
A1/AA-/A- JPMORGAN CHASE & CO B/E

03.125% 012325DTD012315 FC072315
1,000,000 1,018,643.03 97.963
3,675.00

2.70%

2.76% -39,013.03
02/12/2025 11/12/2024 0.84 979,630.00 0.96%

5.11%5.11%
100.00
27,000.00

NR/NR/NR
MICROSOFT CORP B/E Aaa/WD/AAA02.700% 021225DTD021215 FC081215CALL@MW+12.5BP 245,000 245,000.00 96.854

42.96 1.60%

1.65% -7,707.70
02/27/2025 0.91 237,292.30 0.23%

5.11%
BELL ST B&T ND US RT 3,920.00 5.11%01.6000% MAT 02/27/25FIXED RATE CD /ND CD
245,000 245,000.00 96.898

44.30 1.65%

1.70% -7,599.90
02/27/2025 0.91 237,400.10 0.23%

5.11%
CITADEL FED CREDIT PA US 4,042.50 5.11%RT 01.6500% MAT 02/27/25CREDIT UNION SHARE CERT/PA CD
2,000,000 2,016,139.88 97.123
3,111.11

2.00%

2.06% -73,679.88
03/03/2025 02/03/2025 0.90 1,942,460.00 1.90%

5.21%5.21%
100.00
40,000.00

NR/NR/NR
MASTERCARD INC NTS B/E Aa3/NR/A+02.000% 030325DTD120319 FC030320CALL@MW+10BP 245,000 245,099.76 96.965
326.22

1.80%

1.86% -7,535.51
03/04/2025 0.91 237,564.25 0.23%

5.16%
BMW BANK NORTH AME UT 4,410.00 5.16%US RT 01.8000% MAT03/04/25 FIXED RATE CD /UT CD
245,000 245,000.00 96.103

80.55 1.00%

1.04% -9,547.65
03/19/2025 0.97 235,452.35 0.23%

5.10%
SOMERSET TRUST CO PA US 2,450.00 5.10%RT 01.0000% MAT 03/19/25FIXED RATE CD /PA CD
1,054,000 1,083,534.72 98.181
597.27

3.40%

3.46% -48,706.98
03/25/2025 02/25/2025 0.96 1,034,827.74 1.01%

5.31%5.31%
100.00
35,836.00

NR/NR/NR
A3/A-/A- INTEL CORP NTS B/E

03.400% 032525DTD032520CALL@MW+45BP
245,000 245,000.00 97.000

80.55 2.00%

2.06% -7,350.00
03/25/2025 0.96 237,650.00 0.23%

5.14%
SYNCHRONY BANK UT US RT 4,900.00 5.14%02.0000% MAT 03/25/25FIXED RATE CD /UT CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 47 of 78 Item #8. Page 50
Meeting Date: 4/23/2024 / Packet Page #: 336
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2025 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 96.123

29.53 1.10%

1.14% -9,498.65
03/27/2025 0.99 235,501.35 0.23%

5.10%
SAN FRANCISCO FED CA US 2,695.00 5.10%RT 01.1000% MAT 03/27/25LICU SHARE CERTIFICATE/CA CD
245,000 245,000.00 96.151
139.62

1.30%

1.35% -9,430.05
04/15/2025 1.04 235,569.95 0.23%

5.07%
HORIZON BK NE US RT 3,185.00 5.07%01.3000% MAT 04/15/25FIXED RATE CD /NE CD
2,000,000 2,028,823.13 97.103
20,750.00

2.25%

2.32% -86,763.13
04/15/2025 03/15/2025 1.00 1,942,060.00 1.90%

5.13%5.13%
100.00
45,000.00

NR/NR/NR
TARGET CORP NTS B/E A2/A/A02.250% 041525DTD033120 FC101520CALL@MW+30BP 245,000 245,000.00 96.223
1,513.29

1.35%

1.40% -9,253.65
04/16/2025 1.02 235,746.35 0.23%

5.08%
PACIFIC WSTN BK CA US RT 3,307.50 5.08%01.3500% MAT 04/16/25FIXED RATE CD /CA CD
2,000,000 2,000,000.00 95.468
6,311.11

0.71%

0.74% -90,640.00
04/21/2025 1.03 1,909,360.00 1.86%

5.14%
14,200.00 5.14%

NR/NR/NR
FFCB BOND 00.710 % DUE Aaa/AA+/AA+042125 DTD 042121 FC10212021 245,000 245,000.00 95.733
1,026.99

1.00%

1.04% -10,454.15
04/30/2025 1.06 234,545.85 0.23%

5.07%
CENTERSTATE BK NA FL US 2,450.00 5.07%RT 01.0000% MAT 04/30/25FIXED RATE CD /FL CD
245,000 245,000.00 95.785
1,078.34

1.05%

1.10% -10,326.75
04/30/2025 1.06 234,673.25 0.23%

5.07%
FLAGSTAR BANK, FSB MI US 2,572.50 5.07%RT 01.0500% MAT 04/30/25FIXED RATE CD /MI CD
245,000 245,000.00 95.921
249.70

1.20%

1.25% -9,993.55
04/30/2025 1.08 235,006.45 0.23%

5.05%
PACIFIC CREST SVGS WA US 2,940.00 5.05%RT 01.2000% MAT 04/30/25FIXED RATE CD /WA CD
245,000 245,000.00 95.348

96.66 0.80%

0.84% -11,397.40
05/13/2025 1.12 233,602.60 0.23%

5.06%
SAVOY BK NY US RT 1,960.00 5.06%00.8000% MAT 05/13/25FIXED RATE CD /NY CD
2,026,000 2,043,054.69 95.890
11,097.98

1.45%

1.51% -100,323.29
05/15/2025 1.09 1,942,731.40 1.90%

5.24%
29,377.00 5.24%

NR/NR/NR
CATERPILLAR FINL SERVICE A2/A+/A01.450% 051525DTD051520 FC111520CALL@MW+20BP 245,000 245,000.00 95.328

85.92 0.80%

0.84% -11,446.40
05/15/2025 1.12 233,553.60 0.23%

5.06%
ENCORE BANK AR US RT 1,960.00 5.06%00.8000% MAT 05/15/25FIXED RATE CD /AR CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 48 of 78 Item #8. Page 51
Meeting Date: 4/23/2024 / Packet Page #: 337
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2025 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
2,000,000 2,000,000.00 95.279
4,986.67

0.68%

0.71% -94,420.00
05/19/2025 1.11 1,905,580.00 1.86%

4.98%
13,600.00 4.98%

NR/NR/NR
FFCB BOND 00.680 % DUE Aaa/AA+/AA+051925 DTD 051921 FC11192021 2,000,000 2,000,000.00 95.157
4,337.78

0.61%

0.64% -96,860.00
05/23/2025 1.12 1,903,140.00 1.86%

4.98%
12,200.00 4.98%

NR/NR/NR
FFCB BOND 00.610 % DUE Aaa/AA+/AA+052325 DTD 082321 FC11232021 2,000,000 2,000,000.00 95.236
4,988.33

0.73%

0.77% -95,280.00
05/28/2025 05/28/2024 1.13 1,904,720.00 1.86%

4.98%4.98%
100.00
14,600.00

NR/NR/NR
FHLMC MED TERM NTS Aaa/AA+/NR00.730 % DUE 052825 DTD052820 FC 11282020 1,000,000 1,001,153.13 95.300
2,622.22

0.80%

0.84% -48,153.13
06/03/2025 05/03/2025 1.15 953,000.00 0.93%

4.95%4.95%
100.00
8,000.00

NR/NR/NR
AMAZON COM INC NTS B/E A1/AA-/AA00.800% 060325DTD060320CALL@MW+10BP 245,000 245,000.00 95.353
451.07

0.60%

0.63% -11,385.15
06/10/2025 1.17 233,614.85 0.23%

4.61%
STOCKMAN BK MT US RT 1,470.00 4.61%00.6000% MAT 06/10/25FIXED RATE CD /MT CD
2,000,000 2,000,000.00 94.881
3,500.00

0.60%

0.63% -102,380.00
06/16/2025 1.18 1,897,620.00 1.85%

4.99%
12,000.00 4.99%

NR/NR/NR
FFCB BOND 00.600 % DUE Aaa/AA+/AA+061625 DTD 061621 FC12162021 245,000 245,000.00 94.920

52.36 0.65%

0.68% -12,446.00
06/19/2025 1.22 232,554.00 0.23%

4.92%
ENERBANK UT US RT 1,592.50 4.92%00.6500% MAT 06/19/25FIXED RATE CD /UT CD
245,000 245,000.00 94.920

48.33 0.60%

0.63% -12,446.00
06/19/2025 1.22 232,554.00 0.23%

4.87%
MORTON CMNTY BK IL US 1,470.00 4.87%RT 00.6000% MAT 06/19/25FIXED RATE CD /IL CD
245,000 245,000.00 94.846

20.14 0.60%

0.63% -12,627.30
06/26/2025 1.24 232,372.70 0.23%

4.87%
FIRST CAROLINA BK NC US 1,470.00 4.87%RT 00.6000% MAT 06/26/25FIXED RATE CD /NC CD
2,000,000 2,000,000.00 94.765
3,125.00

0.63%

0.66% -104,700.00
06/30/2025 06/30/2024 1.22 1,895,300.00 1.85%

4.98%4.98%
100.00
12,500.00

NR/NR/NR
FHLB BOND 00.625 % DUE Aaa/NR/AA+063025 DTD 063021 FC12302021 2,141,000 2,161,729.01 95.470
7,683.81

1.70%

1.78% -117,716.31
07/15/2025 06/15/2025 1.25 2,044,012.70 2.00%

5.36%5.36%
100.00
36,397.00

NR/NR/NR
E I DU PONT DE NEMOURS A3/A/A01.700% 071525DTD051520 FC011521CALL@MW+25BPIncludes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 49 of 78 Item #8. Page 52
Meeting Date: 4/23/2024 / Packet Page #: 338
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2025 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
1,000,000 998,500.00 94.493
944.44

0.50%

0.53% -53,570.00
07/23/2025 1.28 944,930.00 0.92%

4.86%
5,000.00 4.86%

NR/NR/NR
FHLMC MED TERM NTS Aaa/AA+/NR00.500 % DUE 072325 DTD072320 FC 01232021 245,000 245,000.00 94.251
114.45

0.55%

0.58% -14,085.05
07/30/2025 1.33 230,914.95 0.23%

5.00%
MEDALLION BK UT US RT 1,347.50 5.00%00.5500% MAT 07/30/25FIXED RATE CD /UT CD
1,000,000 999,950.00 94.054
652.78

0.50%

0.53% -59,410.00
08/14/2025 05/14/2024 1.34 940,540.00 0.92%

5.02%5.02%
100.00
5,000.00

NR/NR/NR
FNMA NTS 00.500 % DUE Aaa/AA+/AA+081425 DTD 081420 FC02142021 1,000,000 1,035,706.18 97.745
4,312.50

3.38%

3.45% -58,256.18
08/15/2025 05/15/2025 1.32 977,450.00 0.95%

5.08%5.08%
100.00
33,750.00

NR/NR/NR
COMCAST CORP NEW B/E A3/A-/A03.375% 081525DTD052715 FC081515CALL@MW+20BP 245,000 245,000.00 93.758

13.42 0.40%

0.43% -15,292.90
08/26/2025 1.40 229,707.10 0.22%

4.98%
COMMUNITY BK TN US RT 980.00 4.98%00.4000% MAT 08/26/25FIXED RATE CD /TN CD
245,000 245,000.00 93.749

8.05 0.40%

0.43% -15,314.95
08/28/2025 1.41 229,685.05 0.22%

4.97%
BANK3 TENNESSEE TN US RT 980.00 4.97%00.4000% MAT 08/28/25FIXED RATE CD /TN CD
988,000 983,948.13 98.851
3,509.46

4.13%

4.17% -7,300.25
08/28/2025 05/28/2024 1.35 976,647.88 0.95%

4.97%4.97%
100.00
40,755.00

NR/NR/NR
FNMA NTS 04.125 % DUE Aaa/AA+/AA+082825 DTD 083022 FC02282023 245,000 245,000.00 93.736

80.55 0.40%

0.43% -15,346.80
08/29/2025 1.41 229,653.20 0.22%

4.97%
HOME LN INVT BK RI US RT 980.00 4.97%00.4000% MAT 08/29/25FIXED RATE CD /RI CD
2,000,000 2,000,000.00 94.138
586.67

0.66%

0.70% -117,240.00
09/15/2025 1.42 1,882,760.00 1.84%

4.86%
13,200.00 4.86%

NR/NR/NR
FFCB BOND 00.660 % DUE Aaa/AA+/AA+091525 DTD 091521 FC03152022 245,000 245,000.00 93.475

24.16 0.40%

0.43% -15,986.25
09/22/2025 06/22/2024 1.48 229,013.75 0.22%

4.96%4.96%
100.00
AMERICAN COMM BK GA 980.00US RT 00.4000% MAT09/22/25 FIXED RATE CD /GA CD
108,000 108,000.00 93.501

9.32 0.35%

0.37% -7,018.92
09/22/2025 1.45 100,981.08 0.10%

4.93%
CHAMBERS BANK AK US RT 378.00 4.93%00.3500% MAT 09/22/25FIXED RATE CD /AK CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 50 of 78 Item #8. Page 53
Meeting Date: 4/23/2024 / Packet Page #: 339
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2025 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 93.581
312.12

0.50%

0.53% -15,726.55
09/29/2025 03/29/2024 1.48 229,273.45 0.22%

4.95%4.95%
100.00
USALLIANCE FED CRE NY US 1,225.00RT 00.5000% MAT 09/29/25FIXED RATE CD /NY CD
245,000 245,000.00 93.879
859.85

0.70%

0.75% -14,996.45
09/30/2025 03/31/2024 1.46 230,003.55 0.22%

4.96%4.96%
100.00
JPMORGAN CHASE BK OH 1,715.00US RT 00.7000% MAT09/30/25 FIXED RATE CD /OH CD
245,000 245,000.00 99.320
332.26

4.50%

4.53% -1,666.00
10/20/2025 04/20/2024 1.51 243,334.00 0.24%

4.95%4.95%
100.00
GREAT STHN BK MO US RT 11,025.0004.5000% MAT 10/20/25FIXED RATE CD /MO CD
245,000 245,000.00 93.181

32.22 0.60%

0.64% -16,706.55
10/23/2025 04/23/2024 1.56 228,293.45 0.22%

5.12%5.12%
100.00
TEXAS EXCHANGE BK TX US 1,470.00RT 00.6000% MAT 10/23/25FIXED RATE CD /TX CD
2,000,000 2,000,000.00 93.263
4,620.00

0.54%

0.58% -134,740.00
10/27/2025 10/27/2024 1.53 1,865,260.00 1.82%

5.03%5.03%
100.00
10,800.00

NR/NR/NR
FNMA NTS 00.540 % DUE Aaa/AA+/AA+102725 DTD 102720 FC04272021 2,000,000 2,000,000.00 93.197
4,168.89

0.56%

0.60% -136,060.00
11/17/2025 11/17/2024 1.59 1,863,940.00 1.82%

4.94%4.94%
100.00
11,200.00

NR/NR/NR
FNMA NTS 00.560 % DUE Aaa/AA+/AA+111725 DTD 111720 FC05172021 2,000,000 2,000,000.00 93.303
4,233.33

0.60%

0.64% -133,940.00
11/24/2025 1.61 1,866,060.00 1.82%

4.86%
12,000.00 4.86%

NR/NR/NR
FFCB BOND 00.600 % DUE Aaa/AA+/AA+112425 DTD 112420 FC05242021 245,000 245,000.00 92.815
362.47

0.50%

0.54% -17,603.25
12/15/2025 1.67 227,396.75 0.22%

4.91%
BK HAPOALIM BM NY US RT 1,225.00 4.91%00.5000% MAT 12/15/25FIXED RATE CD /NY CD
Total 2025 44,073,000 1.28% 06/21/2025 $556,338.75

1.32%

5.06%5.06%

1.19$44,265,580.33
$-2,195,092.54
$42,070,487.79
$118,581.31

41.08%
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 51 of 78 Item #8. Page 54
Meeting Date: 4/23/2024 / Packet Page #: 340
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2026 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
2,000,000 2,001,424.27 92.876
2,955.56

0.70%

0.75% -143,904.27
01/15/2026 1.74 1,857,520.00 1.81%

4.89%
14,000.00 4.89%

NR/NR/NR
JOHN DEERE CPTL CORP A1/A+/A00.700% 011526DTD010721 FC071521 MEDTERM NTS 1,175,000 1,175,000.00 99.898
11,071.11

5.30%

5.31% -1,198.50
01/27/2026 04/27/2024 1.71 1,173,801.50 1.15%

5.35%5.35%
100.00
62,275.00

NR/NR/NR
FHLMC MED TERM NTS Aaa/AA+/AA+05.300 % DUE 012726 DTD012723 FC 07272023 245,000 245,000.00 98.876
1,654.59

4.25%

4.30% -2,753.80
02/02/2026 1.75 242,246.20 0.24%

4.89%
MORGAN STANLEY BK UT US 10,412.50 4.89%RT 04.2500% MAT 02/02/26FIXED RATE CD /UT CD
1,200,000 1,200,000.00 90.716
933.33

0.80%

0.88% -111,408.00
02/26/2026 02/26/2025 1.84 1,088,592.00 1.06%

6.01%6.01%
100.00
9,600.00

NR/NR/NR
A1/AA-/A- JPMORGAN CHASE & CO

00.800% 022626DTD022621 FC082621 MEDTERM NTS
245,000 245,000.00 98.073
1,249.84

3.80%

3.87% -4,721.15
03/11/2026 04/11/2024 1.85 240,278.85 0.23%

4.84%4.84%
100.00
CFG COMMUNITY BANK MD 9,310.00US RT 03.8000% MAT03/11/26 FIXED RATE CD/MD CD
2,000,000 1,989,860.00 92.166
1,000.00

0.90%

0.98% -146,540.00
03/11/2026 02/11/2026 1.89 1,843,320.00 1.80%

5.17%5.17%
100.00
18,000.00

NR/NR/NR
CHARLES SCHWAB CORP A2/A/ANTS 00.900% 031126DTD121120 FC031121CALL@MW+10BP 245,000 245,000.00 92.408

69.81 0.80%

0.87% -18,600.40
03/18/2026 06/18/2024 1.93 226,399.60 0.22%

4.86%4.86%
100.00
BMO HARRIS BK NA IL US RT 1,960.0000.8000% MAT 03/18/26FIXED RATE CD /IL CD
245,000 245,000.00 100.372
372.87

5.05%

5.03% 911.40
03/20/2026 1.88 245,911.40 0.24%

4.85%
AFFINITY PLUS MN US RT 12,372.50 4.85%05.0500% MAT 03/20/26LICU SHARE CERTIFICATE/MN CD
245,000 245,000.00 100.278
369.18

5.00%

4.99% 681.10
03/20/2026 1.88 245,681.10 0.24%

4.85%
VALLEYSTAR CR UN M VA 12,250.00 4.85%US RT 05.0000% MAT03/20/26 LICU SHARECERTIFICATE /VA CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 52 of 78 Item #8. Page 55
Meeting Date: 4/23/2024 / Packet Page #: 341
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2026 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 100.291
1,006.85

5.00%

4.99% 712.95
03/23/2026 1.89 245,712.95 0.24%

4.85%
TECHNOLOGY CREDIT CA US 12,250.00 4.85%RT 05.0000% MAT 03/23/26CREDIT UNION SHARE CERT/CA CD
245,000 245,000.00 100.241
234.93

5.00%

4.99% 590.45
03/24/2026 1.87 245,590.45 0.24%

4.87%
CIBC BANK ILLINOIS IL US RT 12,250.00 4.87%05.0000% MAT 03/24/26FIXED RATE CD /IL CD
245,000 245,000.00 92.551

36.25 0.90%

0.97% -18,250.05
03/25/2026 1.93 226,749.95 0.22%

4.87%
STATE BANK OF INDI NY US 2,205.00 4.87%RT 00.9000% MAT 03/25/26FIXED RATE CD /NY CD
2,000,000 2,000,000.00 93.220
10,500.00

1.05%

1.13% -135,600.00
03/30/2026 N/A 1,864,400.00 1.82%
N/A
21,000.00 N/A

NR/NR/NR
FHLB NTS 1.0500% DUE Aaa/NR/AA+033026 DTD 033021 FC09302021 245,000 245,000.00 92.570
197.68

0.95%

1.03% -18,203.50
03/31/2026 03/31/2024 N/A 226,796.50 0.22%
N/AN/A
100.00
BANKUNITED NA FLOR FL US 2,327.50RT 00.9500% MAT 03/31/26FIXED RATE CD /FL CD
245,000 245,000.00 92.431
191.30

0.95%

1.03% -18,544.05
04/16/2026 2.02 226,455.95 0.22%

4.83%
GREENSTATE CREDIT IA US 2,327.50 4.83%RT 00.9500% MAT 04/16/26FIXED RATE CD /IA CD
245,000 245,000.00 92.348
972.62

0.90%

0.97% -18,747.40
04/22/2026 2.00 226,252.60 0.22%

4.83%
TOYOTA FINL SVG BK NV US 2,205.00 4.83%RT 00.9000% MAT 04/22/26FIXED RATE CD /NV CD
2,000,000 2,000,000.00 93.035
3,777.78

0.50%

0.54% -139,300.00
05/15/2026 05/15/2024 N/A 1,860,700.00 1.82%
N/AN/A
100.00
10,000.00

NR/NR/NR
INTL FIN CORP NTS 00.500 % Aaa/NR/AAADUE 051526 DTD 052821 FC11152021 2,000,000 2,002,064.48 92.530
8,688.89

1.15%

1.24% -151,464.48
05/15/2026 04/15/2026 2.05 1,850,600.00 1.81%

4.88%4.88%
100.00
23,000.00

NR/NR/NR
UNITED HEALTH GROUP INC A2/A/A+01.150% 051526DTD051921 FC111521CALL@MW+07.50BP 245,000 245,000.00 91.710

85.58 0.85%

0.93% -20,310.50
06/16/2026 06/16/2024 2.19 224,689.50 0.22%

4.80%4.80%
100.00
UBS BANK UT US RT 2,082.5000.8500% MAT 06/16/26FIXED RATE CD /UT CD
245,000 245,000.00 97.346
2,192.25

3.55%

3.65% -6,502.30
06/30/2026 03/30/2024 2.12 238,497.70 0.23%

4.80%4.80%
100.00
ALLY BK UT US RT 03.5500% 8,697.50MAT 06/30/26 FIXED RATECD /UT CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 53 of 78 Item #8. Page 56
Meeting Date: 4/23/2024 / Packet Page #: 342
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2026 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
2,000,000 2,000,000.00 93.387
4,375.00

0.88%

0.94% -132,260.00
06/30/2026 03/30/2024 N/A 1,867,740.00 1.82%
N/AN/A
100.00
17,500.00

NR/NR/NR
FHLB BOND STEP-UP 0.875% Aaa/NR/AA+DUE 063026 DTD 063021 FC12302021 2,000,000 2,000,000.00 93.388
7,500.00

1.50%

1.61% -132,240.00
06/30/2026 N/A 1,867,760.00 1.82%
N/A
30,000.00 N/A

NR/NR/NR
FHLB NTS 1.5000% DUE Aaa/NR/AA+063026 DTD 063021 FC12302021 245,000 245,000.00 91.329
432.27

0.70%

0.77% -21,243.95
07/01/2026 2.19 223,756.05 0.22%

4.79%
NEW YORK CMNTY BK NY 1,715.00 4.79%US RT 00.7000% MAT07/01/26 FIXED RATE CD /NY CD
1,000,000 968,385.25 92.078
1,400.00

1.05%

1.14% -47,605.25
08/13/2026 04/13/2024 2.29 920,780.00 0.90%

4.61%4.61%
100.00
10,500.00

NR/NR/NR
FHLB BOND 01.050 % DUE Aaa/NR/AA+081326 DTD 081321 FC02132022 245,000 245,000.00 91.115
161.10

0.80%

0.88% -21,768.25
08/13/2026 2.34 223,231.75 0.22%

4.76%
LIVE OAK BKG CO NC US RT 1,960.00 4.76%00.8000% MAT 08/13/26FIXED RATE CD /NC CD
2,000,000 2,000,000.00 92.226
2,236.11

1.15%

1.25% -155,480.00
08/26/2026 N/A 1,844,520.00 1.80%
N/A
23,000.00 N/A

NR/NR/NR
FHLB NTS 1.1500% DUE Aaa/NR/AA+082626 DTD 082621 FC02262022 2,000,000 2,000,000.00 89.274
1,983.33

1.05%

1.18% -214,520.00
08/27/2026 08/27/2025 2.32 1,785,480.00 1.74%

5.88%5.88%
100.00
21,000.00

NR/NR/NR
MORGAN STANLEY FIN LLC A1/A+/A01.050% 082726DTD082721 FC022722 MEDTERM NTS 2,000,000 2,000,000.00 91.164
156.67

0.94%

1.03% -176,720.00
09/28/2026 2.42 1,823,280.00 1.78%

4.73%
18,800.00 4.73%

NR/NR/NR
FFCB NTS 00.940 % DUE Aaa/AA+/AA+092826 DTD 092821 FC03282022 1,000,000 982,052.13 91.875
4,697.80

1.13%

1.22% -63,302.13
10/31/2026 2.49 918,750.00 0.90%

4.48%
11,250.00 4.48%

NR/NR/NR
US TSY NOTE 01.125 % DUE NR/AA+/NR10/31/26 DTD 10/31/21 FC04/30/22 245,000 245,000.00 91.214
988.05

1.15%

1.26% -21,525.70
11/24/2026 2.56 223,474.30 0.22%

4.70%
CAPITAL ONE BK USA VA US 2,817.50 4.70%RT 01.1500% MAT 11/24/26FIXED RATE CD /VA CD
245,000 245,000.00 91.214
988.05

1.15%

1.26% -21,525.70
11/24/2026 2.56 223,474.30 0.22%

4.70%
CAPITAL ONE NA VA US RT 2,817.50 4.70%01.1500% MAT 11/24/26FIXED RATE CD /VA CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 54 of 78 Item #8. Page 57
Meeting Date: 4/23/2024 / Packet Page #: 343
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2026 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
Total 2026 28,540,000 1.39% 05/30/2026 $389,885.00

1.47%

5.06%5.06%

2.07$28,483,786.13
$-1,961,343.48
$26,522,442.65
$72,478.79

25.90%
Maturing 2027
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
2,000,000 2,000,000.00 92.639
6,644.44

1.84%

1.99% -147,220.00
01/26/2027 2.69 1,852,780.00 1.81%

4.65%
36,800.00 4.65%

NR/NR/NR
FFCB BOND 01.840 % DUE Aaa/AA+/AA+012627 DTD 012622 FC07262022 2,000,000 2,000,000.00 92.504
5,043.33

1.78%

1.92% -149,920.00
02/10/2027 05/10/2024 2.74 1,850,080.00 1.81%

4.60%4.60%
100.00
35,600.00

NR/NR/NR
FHLB BOND 01.780 % DUE Aaa/NR/AA+021027 DTD 021022 FC08102022 245,000 245,000.00 100.012
1,370.99

4.75%

4.75% 29.40
02/17/2027 05/17/2024 0.14 245,029.40 0.24%

4.64%4.74%
100.00
BOKF NA OK US RT 11,637.5004.7500% MAT 02/17/27FIXED RATE CD /OK CD
245,000 245,000.00 92.009
342.33

1.70%

1.85% -19,577.95
02/18/2027 2.81 225,422.05 0.22%

4.65%
METRO CREDIT UNION MA 4,165.00 4.65%US RT 01.7000% MAT02/18/27 LICU SHARECERTIFICATE /MA CD
245,000 245,000.00 92.023
148.34

1.70%

1.85% -19,543.65
02/18/2027 2.81 225,456.35 0.22%

4.65%
PENTAGON FED CREDI VA US 4,165.00 4.65%RT 01.7000% MAT 02/18/27CREDIT UNION SHARE CERT/VA CD
3,215,000 3,075,098.40 93.121
6,462.15

2.01%

2.16% -81,258.25
02/25/2027 05/25/2024 2.77 2,993,840.15 2.92%

4.56%4.56%
100.00
64,621.50

NR/NR/NR
FHLB BOND 02.010 % DUE Aaa/NR/AA+022527 DTD 022522 FC08252022 245,000 245,658.37 92.788
389.32

2.00%

2.16% -18,327.77
03/02/2027 2.79 227,330.60 0.22%

4.66%
EAGLEMARK SVGS BK NV US 4,900.00 4.66%RT 02.0000% MAT 03/02/27FIXED RATE CD /NV CD
490,000 490,000.00 99.896
1,112.71

5.45%

5.46% -509.60
03/16/2027 06/16/2024 2.70 489,490.40 0.48%

5.49%5.49%
100.00
26,705.00

NR/NR/NR
FHLB BOND 05.450 % DUE Aaa/NR/AA+031627 DTD 121622 FC03162023 245,000 245,000.00 95.949
2,749.37

3.20%

3.34% -9,924.95
05/24/2027 2.93 235,075.05 0.23%

4.59%
DISCOVER BANK DE US RT 7,840.00 4.59%03.2000% MAT 05/24/27FIXED RATE CD /DE CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 55 of 78 Item #8. Page 58
Meeting Date: 4/23/2024 / Packet Page #: 344
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2027 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 100.383
504.77

4.70%

4.68% 938.35
06/15/2027 2.98 245,938.35 0.24%

4.57%
ESSENTIAL FED CRED LA US 11,515.00 4.57%RT 04.7000% MAT 06/15/27LICU SHARE CERTIFICATE /LA CD
245,000 245,000.00 96.057
349.04

3.25%

3.38% -9,660.35
06/15/2027 3.04 235,339.65 0.23%

4.57%
LAFAYETTE FED CRED MD US 7,962.50 4.57%RT 03.2500% MAT 06/15/27LICU SHARE CERTIFICATE/MD CD
245,000 245,000.00 100.137
663.18

5.20%

5.19% 335.65
12/13/2027 06/12/2024 0.21 245,335.65 0.24%

4.54%5.16%
100.00
PREMIER CMNTY BK WI US 12,740.00RT 05.2000% MAT 12/13/27FIXED RATE CD /WI CD
Total 2027 9,665,000 2.39% 03/05/2027 $228,651.50

2.52%

4.67%4.65%

2.62 $9,525,756.77
$-454,639.12
$9,071,117.65
$25,779.97

8.86%
Maturing 2028
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
1,000,000 1,000,000.00 99.509
9,066.67

5.10%

5.13% -4,910.00
01/27/2028 04/27/2024 3.41 995,090.00 0.97%

5.24%5.24%
100.00
51,000.00

NR/NR/NR
FHLMC MED TERM NTS NR/AA+/AA+05.100 % DUE 012728 DTD013023 FC 07272023 2,000,000 2,000,004.22 99.889
11,100.00

5.40%

5.41% -2,224.22
02/24/2028 05/24/2024 3.46 1,997,780.00 1.95%

5.43%5.43%
100.00
108,000.00

NR/NR/NR
FHLB BOND 05.400 % DUE Aaa/NR/AA+022428 DTD 022423 FC08242023 245,000 245,000.00 101.258
939.73

5.00%

4.94% 3,082.10
04/03/2028 04/03/2026 1.91 248,082.10 0.24%

4.35%4.66%
100.00
ARBOR FINL CREDIT MI US RT 12,250.0005.0000% MAT 04/03/28FIXED RATE CD /MI CD
2,000,000 2,000,004.39 100.111
48,025.00

5.65%

5.64% 2,215.61
04/28/2028 04/28/2024 0.08 2,002,220.00 1.96%

4.21%5.62%
100.00
113,000.00

NR/NR/NR
FHLB BOND 05.650 % DUE Aaa/NR/AA+042828 DTD 042823 FC10282023 245,000 245,000.00 101.211
604.78

5.30%

5.24% 2,966.95
07/14/2028 07/14/2025 1.25 247,966.95 0.24%

4.34%4.99%
100.00
CY-FAIR FED CREDIT TX US 12,985.00RT 05.3000% MAT 07/14/28FIXED RATE CD /TX CD
245,000 245,000.00 102.630
469.86

5.00%

4.87% 6,443.50
07/17/2028 3.87 251,443.50 0.25%

4.33%
NEW ORLEANS FIREME LA US 12,250.00 4.33%RT 05.0000% MAT 07/17/28FIXED RATE CD /LA CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 56 of 78 Item #8. Page 59
Meeting Date: 4/23/2024 / Packet Page #: 345
Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2024 (continued)Maturing 2028 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
Total 2028 5,735,000 5.40% 03/27/2028 $309,485.00

5.39%

5.36%4.83%

2.13 $5,735,008.61
$7,573.94
$5,742,582.55
$70,206.04

5.61%
Maturing 2029
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 244,987.75 99.119
688.01

4.10%

4.14% -2,146.20
02/06/2029 4.39 242,841.55 0.24%

4.30%
WELLS FARGO BK NA SD US 10,045.00 4.30%RT 04.1000% MAT 02/06/29FIXED RATE CD /SD CD
Total 2029 245,000 4.10% 02/06/2029 $10,045.00

4.14%

4.30%4.30%

4.39 $244,987.75
$-2,146.20
$242,841.55
$688.01

0.24%
Effective rating/
Underlying rating
(Mdy/Fitch/S&P)
Mkt. value ($)/
Accr. interest ($)
Adjusted
cost basis ($)/
Unreal. g/l ($)
Call date/
Coupon Call price ($)
Modified
duration
YTM (%)/
YTW (%)
Est. annual
income ($)/
Quantity Curr. yield (%)
Effective
maturity
% of
bond
port.

Market
price ($)

5.09%5.06%
11/19/2025 N/A 1.41$107,284,800.8 N/A $102,407,078.51
$-4,877,722.34
107,317,000

1.82% $369,612.71 Total Bond Portfolio 1.76% $1,861,978.25 100% $102,776,691.22
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 57 of 78 Item #8. Page 60
Meeting Date: 4/23/2024 / Packet Page #: 346
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024Summary of Bond HoldingsMaturityYear Yield to
maturity (%)
Yield to
worst (%)
Unrealized
Issues gain/loss ($) Mkt. value ($)
Est. annual
income ($)
Adjusted
cost basis ($)
Modified
duration
Current
Quantity yield (%) % of bond portfolio maturing
2024 27 19,059,000 367,573.00 1.96% 5.35% 5.35% 0.45 19,029,681.26 -272,074.94 18,839,484.90

18.32%
2025 51 44,073,000 556,338.75 1.32% 5.06% 5.06% 1.19 44,265,580.33 -2,195,092.54 42,189,069.10

41.08%
2026 31 28,540,000 389,885.00 1.47% 5.06% 5.06% 2.07 28,483,786.13 -1,961,343.48 26,594,921.44

25.90%
2027 12 9,665,000 228,651.50 2.52% 4.67% 4.65% 2.62 9,525,756.77 -454,639.12 9,096,897.62

8.86%
2028 6 5,735,000 309,485.00 5.39% 5.36% 4.83% 2.13 5,735,008.61 7,573.94 5,812,788.59

5.61%
2029 1 245,000 10,045.00 4.14% 4.30% 4.30% 4.39 244,987.75 -2,146.20 243,529.56

0.24%
2030 0 0 N/A N/A N/A2031 0 0 N/A N/A N/A2032 0 0 N/A N/A N/A2033 0 0 N/A N/A N/A2034 0 0 N/A N/A N/A2035 0 0 N/A N/A N/A2036 0 0 N/A N/A N/A2037 0 0 N/A N/A N/A2038 0 0 N/A N/A N/A2039 0 0 N/A N/A N/A2040 0 0 N/A N/A N/A2041 0 0 N/A N/A N/A2042 0 0 N/A N/A N/A2043 0 0 N/A N/A N/A2044 0 0 N/A N/A N/A2045 0 0 N/A N/A N/A2046 0 0 N/A N/A N/A2047 0 0 N/A N/A N/A2048 0 0 N/A N/A N/A2049 0 0 N/A N/A N/A2049 + 0 0 N/A N/A N/AOther 0 0 N/A N/A N/ATotal 128 107,317,000 $1,861,978.25 1.82% 5.09% 5.06% 1.41 $107,284,800.85 $-4,877,722.34 $102,776,691.22Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 58 of 78 Item #8. Page 61
Meeting Date: 4/23/2024 / Packet Page #: 347
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)
Effective rating/
Underlying rating
(Mdy/Fitch/S&P)
Mkt. value ($)/
Accr. interest ($)
Adjusted
cost basis ($)/
Unreal. g/l ($)
Call date/
Coupon Call price ($)
Modified
duration
YTM (%)/
Quantity YTW (%)
Effective
maturity
% of
bond
port.

Market
price ($)

5.09%5.06%
11/19/2025 N/A 1.41$107,284,800.8 N/A $102,407,078.51
$-4,877,722.34
107,317,000

1.82% $369,612.71

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 99.831
2,407.04

2.20%

2.20% -414.05
04/17/2024 0.05 244,585.95 0.24%

5.25%
BEAL BANK - PLANO TX US 5,390.00 5.25%RT 02.2000% MAT 04/17/24FIXED RATE CD /TX CD
1,664,000 1,668,724.92 99.654
18,858.67

3.00%

3.01% -10,482.36
05/15/2024 0.13 1,658,242.56 1.62%

5.61%
49,920.00 5.61%

NR/NR/NR
A3/A-/A- IBM CORP NTS B/E 03.000%
051524 DTD051519FC111519 CALL@MW+15BP
245,000 245,000.00 99.171

62.42 0.30%

0.30% -2,031.05
05/28/2024 0.17 242,968.95 0.24%

5.29%
CONNEXUS CREDIT UN WI 735.00 5.29%US RT 00.3000% MAT05/28/24 CREDIT UNIONSHARE CERT /WI CD
245,000 245,000.00 99.173
291.32

0.35%

0.35% -2,026.15
05/28/2024 03/28/2024 0.17 242,973.85 0.24%

5.35%5.35%
100.00
WEBBANK UT US RT 857.5000.3500% MAT 05/28/24FIXED RATE CD /UT CD
240,000 240,000.00 99.416
187.40

2.85%

2.87% -1,401.60
06/21/2024 04/21/2024 0.23 238,598.40 0.23%

5.38%5.38%
100.00
VALLEY STRONG CRED CA 6,840.00US RT 02.8500% MAT06/21/24 FIXED RATE CD /CA CD
245,000 245,000.00 99.223
891.06

2.25%

2.27% -1,903.65
06/28/2024 0.25 243,096.35 0.24%

5.36%
COMMUNITYWIDE FED IN US 5,512.50 5.36%RT 02.2500% MAT 06/28/24FIXED RATE CD /IN CD
2,000,000 2,000,000.00 99.426
15,758.33

3.05%

3.07% -11,480.00
06/28/2024 03/28/2024 0.25 1,988,520.00 1.94%

5.39%5.39%
100.00
61,000.00

NR/NR/NR
FHLMC MED TERM NTS Aaa/AA+/AA+03.050 % DUE 062824 DTD062822 FC 12282022 245,000 245,000.00 99.452
2,028.80

3.25%

3.27% -1,342.60
07/01/2024 0.26 243,657.40 0.24%

5.35%
OCEANFIRST BK NA NJ US RT 7,962.50 5.35%03.2500% MAT 07/01/24FIXED RATE CD /NJ CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 59 of 78 Item #8. Page 62
Meeting Date: 4/23/2024 / Packet Page #: 348
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2024
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 99.939
3,878.38

5.35%

5.35% -149.45
07/05/2024 0.27 244,850.55 0.24%

5.51%
CADENCE BANK MS US RT 13,107.50 5.51%05.3500% MAT 07/05/24FIXED RATE CD /MS CD
245,000 245,000.00 99.906
528.60

5.25%

5.25% -230.30
07/16/2024 0.30 244,769.70 0.24%

5.56%
VIGO CNTY FED CR U IN US 12,862.50 5.56%RT 05.2500% MAT 07/16/24LICU SHARE CERTIFICATE /IN CD
245,000 245,000.00 99.297
1,281.72

3.35%

3.37% -1,722.35
08/05/2024 0.35 243,277.65 0.24%

5.34%
SALLIE MAE BANK UT US RT 8,207.50 5.34%03.3500% MAT 08/05/24FIXED RATE CD /UT CD
1,122,000 1,127,329.14 98.763
3,297.43

2.30%

2.33% -19,208.28
08/15/2024 07/15/2024 0.37 1,108,120.86 1.08%

5.60%5.60%
100.00
25,806.00

NR/NR/NR
HONEYWELL INTL NTS B/E A2/A/A02.300% 081524DTD080819CALL@MW+10BP 1,000,000 997,067.75 98.901
2,936.13

2.38%

2.40% -8,057.75
08/15/2024 0.68 989,010.00 0.97%

5.28%
23,750.00 5.28%

NR/NR/NR
US TSY NOTE 02.375 % DUE Aaa/AA+/NR08/15/24 DTD 08/15/14 FC02/15/15 245,000 245,000.00 98.664
510.14

2.00%

2.03% -3,273.20
08/22/2024 0.39 241,726.80 0.24%

5.39%
MORGAN STANLEY PRV NY 4,900.00 5.39%US RT 02.0000% MAT08/22/24 FIXED RATE CD /NY CD
245,000 245,000.00 98.557
384.95

1.85%

1.88% -3,535.35
08/30/2024 0.42 241,464.65 0.24%

5.29%
FIRST NATL BK KS US RT 4,532.50 5.29%01.8500% MAT 08/30/24FIXED RATE CD /KS CD
245,000 245,000.00 98.536
374.55

1.80%

1.83% -3,586.80
08/30/2024 0.42 241,413.20 0.24%

5.29%
FIRST ST BK AR US RT 4,410.00 5.29%01.8000% MAT 08/30/24FIXED RATE CD /AR CD
250,000 250,000.00 99.964
1,072.71

5.15%

5.15% -90.00
09/01/2024 0.42 249,910.00 0.24%

5.22%
12,872.50 5.22%

NR/NR/NR
SULPHUR SPRINGS CAL UNI NR/NR/AATAX SR F BE/R/ 5.149 090124DTD 110322 /CA 2,000,000 1,988,920.00 97.877
625.00

0.63%

0.64% -31,380.00
09/13/2024 0.45 1,957,540.00 1.91%

5.37%
12,500.00 5.37%

NR/NR/NR
TOYOTA MOTOR CRDT A1/A+/A+CORP 00.625% 091324DTD091321 FC031322 NTSB/E 2,000,000 2,000,000.00 97.765
195.56

0.44%

0.45% -44,700.00
09/23/2024 0.47 1,955,300.00 1.91%

5.15%
8,800.00 5.15%

NR/NR/NR
FFCB BOND 00.440 % DUE Aaa/AA+/AA+092324 DTD 092321 FC03232022 Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 60 of 78 Item #8. Page 63
Meeting Date: 4/23/2024 / Packet Page #: 349
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2024
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
248,000 249,814.76 98.379
108.71

2.00%

2.03% -5,834.84
09/23/2024 0.48 243,979.92 0.24%

5.39%
MONEY ONE FED CRED MD 4,960.00 5.39%US RT 02.0000% MAT09/23/24 FIXED RATE CD/MD CD
219,000 219,000.00 97.927
316.20

1.70%

1.74% -4,539.87
10/31/2024 N/A 214,460.13 0.21%
N/A
CITIZENS ST BK CLA WI US 3,723.00 N/ART 01.7000% MAT 10/31/24FIXED RATE CD /WI CD
245,000 245,000.00 97.931
1,739.84

1.80%

1.84% -5,069.05
11/08/2024 0.60 239,930.95 0.23%

5.24%
RAYMOND JAMES BK N FL 4,410.00 5.24%US RT 01.8000% MAT11/08/24 FIXED RATE CD /FL CD
245,000 245,000.00 97.883
1,662.31

1.95%

1.99% -5,186.65
11/25/2024 0.64 239,813.35 0.23%

5.23%
THIRD FED S&L ASSN OH US 4,777.50 5.23%RT 01.9500% MAT 11/25/24FIXED RATE CD /OH CD
245,000 245,000.00 97.724
364.14

1.75%

1.79% -5,576.20
11/29/2024 0.67 239,423.80 0.23%

5.19%
MCHENRY SVGS BK IL US RT 4,287.50 5.19%01.7500% MAT 11/29/24FIXED RATE CD /IL CD
1,386,000 1,393,788.19 97.705
9,519.13

2.15%

2.20% -39,596.89
12/06/2024 11/06/2024 0.66 1,354,191.30 1.32%

5.59%5.59%
100.00
29,799.00

NR/NR/NR
TRUIST BANK NTS B/E A2/A/A02.150% 120624DTD120619 FC060620 2,000,000 2,000,000.00 97.158
6,035.56

0.97%

1.00% -56,840.00
12/09/2024 0.68 1,943,160.00 1.90%

5.17%
19,400.00 5.17%

NR/NR/NR
FEDERAL FARM CREDIT Aaa/AA+/AA+BANK 00.970 % DUE120924 DTD 120921 FC06092022 1,500,000 1,465,036.50 97.508
6,562.50

1.75%

1.79% -2,416.50
12/31/2024 0.73 1,462,620.00 1.43%

5.14%
26,250.00 5.14%

NR/NR/NR
US TSY NOTE 01.750 % DUE NR/AA+/NR12/31/24 DTD 12/31/19 FC06/30/20 Total 2024 19,059,000 1.94% 09/08/2024 $367,573.00

1.96%

5.35%5.35%

0.45$19,029,681.26
$-272,074.94
$18,757,606.32
$81,878.58

18.32%
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 61 of 78 Item #8. Page 64
Meeting Date: 4/23/2024 / Packet Page #: 350
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2025
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
1,124,000 1,137,357.54 97.593
5,248.46

2.05%

2.10% -40,412.22
01/09/2025 0.76 1,096,945.32 1.07%

5.23%
23,042.00 5.23%

NR/NR/NR
JOHN DEERE CAPITAL CORP A1/A+/A02.050% 010925DTD010920 FC070920 NTSB/E 1,017,000 1,033,941.13 98.191
6,003.13

3.13%

3.18% -35,338.66
01/23/2025 10/23/2024 0.79 998,602.47 0.98%

5.41%5.41%
100.00
31,781.25

NR/NR/NR
A1/AA-/A- JPMORGAN CHASE & CO B/E

03.125% 012325DTD012315 FC072315
1,000,000 1,018,643.03 97.963
3,675.00

2.70%

2.76% -39,013.03
02/12/2025 11/12/2024 0.84 979,630.00 0.96%

5.11%5.11%
100.00
27,000.00

NR/NR/NR
MICROSOFT CORP B/E Aaa/WD/AAA02.700% 021225DTD021215 FC081215CALL@MW+12.5BP 245,000 245,000.00 96.854

42.96 1.60%

1.65% -7,707.70
02/27/2025 0.91 237,292.30 0.23%

5.11%
BELL ST B&T ND US RT 3,920.00 5.11%01.6000% MAT 02/27/25FIXED RATE CD /ND CD
245,000 245,000.00 96.898

44.30 1.65%

1.70% -7,599.90
02/27/2025 0.91 237,400.10 0.23%

5.11%
CITADEL FED CREDIT PA US 4,042.50 5.11%RT 01.6500% MAT 02/27/25CREDIT UNION SHARE CERT/PA CD
2,000,000 2,016,139.88 97.123
3,111.11

2.00%

2.06% -73,679.88
03/03/2025 02/03/2025 0.90 1,942,460.00 1.90%

5.21%5.21%
100.00
40,000.00

NR/NR/NR
MASTERCARD INC NTS B/E Aa3/NR/A+02.000% 030325DTD120319 FC030320CALL@MW+10BP 245,000 245,099.76 96.965
326.22

1.80%

1.86% -7,535.51
03/04/2025 0.91 237,564.25 0.23%

5.16%
BMW BANK NORTH AME UT 4,410.00 5.16%US RT 01.8000% MAT03/04/25 FIXED RATE CD /UT CD
245,000 245,000.00 96.103

80.55 1.00%

1.04% -9,547.65
03/19/2025 0.97 235,452.35 0.23%

5.10%
SOMERSET TRUST CO PA US 2,450.00 5.10%RT 01.0000% MAT 03/19/25FIXED RATE CD /PA CD
1,054,000 1,083,534.72 98.181
597.27

3.40%

3.46% -48,706.98
03/25/2025 02/25/2025 0.96 1,034,827.74 1.01%

5.31%5.31%
100.00
35,836.00

NR/NR/NR
A3/A-/A- INTEL CORP NTS B/E

03.400% 032525DTD032520CALL@MW+45BP
245,000 245,000.00 97.000

80.55 2.00%

2.06% -7,350.00
03/25/2025 0.96 237,650.00 0.23%

5.14%
SYNCHRONY BANK UT US RT 4,900.00 5.14%02.0000% MAT 03/25/25FIXED RATE CD /UT CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 62 of 78 Item #8. Page 65
Meeting Date: 4/23/2024 / Packet Page #: 351
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2025
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 96.123

29.53 1.10%

1.14% -9,498.65
03/27/2025 0.99 235,501.35 0.23%

5.10%
SAN FRANCISCO FED CA US 2,695.00 5.10%RT 01.1000% MAT 03/27/25LICU SHARE CERTIFICATE/CA CD
245,000 245,000.00 96.151
139.62

1.30%

1.35% -9,430.05
04/15/2025 1.04 235,569.95 0.23%

5.07%
HORIZON BK NE US RT 3,185.00 5.07%01.3000% MAT 04/15/25FIXED RATE CD /NE CD
2,000,000 2,028,823.13 97.103
20,750.00

2.25%

2.32% -86,763.13
04/15/2025 03/15/2025 1.00 1,942,060.00 1.90%

5.13%5.13%
100.00
45,000.00

NR/NR/NR
TARGET CORP NTS B/E A2/A/A02.250% 041525DTD033120 FC101520CALL@MW+30BP 245,000 245,000.00 96.223
1,513.29

1.35%

1.40% -9,253.65
04/16/2025 1.02 235,746.35 0.23%

5.08%
PACIFIC WSTN BK CA US RT 3,307.50 5.08%01.3500% MAT 04/16/25FIXED RATE CD /CA CD
2,000,000 2,000,000.00 95.468
6,311.11

0.71%

0.74% -90,640.00
04/21/2025 1.03 1,909,360.00 1.86%

5.14%
14,200.00 5.14%

NR/NR/NR
FFCB BOND 00.710 % DUE Aaa/AA+/AA+042125 DTD 042121 FC10212021 245,000 245,000.00 95.733
1,026.99

1.00%

1.04% -10,454.15
04/30/2025 1.06 234,545.85 0.23%

5.07%
CENTERSTATE BK NA FL US 2,450.00 5.07%RT 01.0000% MAT 04/30/25FIXED RATE CD /FL CD
245,000 245,000.00 95.785
1,078.34

1.05%

1.10% -10,326.75
04/30/2025 1.06 234,673.25 0.23%

5.07%
FLAGSTAR BANK, FSB MI US 2,572.50 5.07%RT 01.0500% MAT 04/30/25FIXED RATE CD /MI CD
245,000 245,000.00 95.921
249.70

1.20%

1.25% -9,993.55
04/30/2025 1.08 235,006.45 0.23%

5.05%
PACIFIC CREST SVGS WA US 2,940.00 5.05%RT 01.2000% MAT 04/30/25FIXED RATE CD /WA CD
245,000 245,000.00 95.348

96.66 0.80%

0.84% -11,397.40
05/13/2025 1.12 233,602.60 0.23%

5.06%
SAVOY BK NY US RT 1,960.00 5.06%00.8000% MAT 05/13/25FIXED RATE CD /NY CD
2,026,000 2,043,054.69 95.890
11,097.98

1.45%

1.51% -100,323.29
05/15/2025 1.09 1,942,731.40 1.90%

5.24%
29,377.00 5.24%

NR/NR/NR
CATERPILLAR FINL SERVICE A2/A+/A01.450% 051525DTD051520 FC111520CALL@MW+20BP 245,000 245,000.00 95.328

85.92 0.80%

0.84% -11,446.40
05/15/2025 1.12 233,553.60 0.23%

5.06%
ENCORE BANK AR US RT 1,960.00 5.06%00.8000% MAT 05/15/25FIXED RATE CD /AR CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 63 of 78 Item #8. Page 66
Meeting Date: 4/23/2024 / Packet Page #: 352
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2025
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
2,000,000 2,000,000.00 95.279
4,986.67

0.68%

0.71% -94,420.00
05/19/2025 1.11 1,905,580.00 1.86%

4.98%
13,600.00 4.98%

NR/NR/NR
FFCB BOND 00.680 % DUE Aaa/AA+/AA+051925 DTD 051921 FC11192021 2,000,000 2,000,000.00 95.157
4,337.78

0.61%

0.64% -96,860.00
05/23/2025 1.12 1,903,140.00 1.86%

4.98%
12,200.00 4.98%

NR/NR/NR
FFCB BOND 00.610 % DUE Aaa/AA+/AA+052325 DTD 082321 FC11232021 2,000,000 2,000,000.00 95.236
4,988.33

0.73%

0.77% -95,280.00
05/28/2025 05/28/2024 1.13 1,904,720.00 1.86%

4.98%4.98%
100.00
14,600.00

NR/NR/NR
FHLMC MED TERM NTS Aaa/AA+/NR00.730 % DUE 052825 DTD052820 FC 11282020 1,000,000 1,001,153.13 95.300
2,622.22

0.80%

0.84% -48,153.13
06/03/2025 05/03/2025 1.15 953,000.00 0.93%

4.95%4.95%
100.00
8,000.00

NR/NR/NR
AMAZON COM INC NTS B/E A1/AA-/AA00.800% 060325DTD060320CALL@MW+10BP 245,000 245,000.00 95.353
451.07

0.60%

0.63% -11,385.15
06/10/2025 1.17 233,614.85 0.23%

4.61%
STOCKMAN BK MT US RT 1,470.00 4.61%00.6000% MAT 06/10/25FIXED RATE CD /MT CD
2,000,000 2,000,000.00 94.881
3,500.00

0.60%

0.63% -102,380.00
06/16/2025 1.18 1,897,620.00 1.85%

4.99%
12,000.00 4.99%

NR/NR/NR
FFCB BOND 00.600 % DUE Aaa/AA+/AA+061625 DTD 061621 FC12162021 245,000 245,000.00 94.920

52.36 0.65%

0.68% -12,446.00
06/19/2025 1.22 232,554.00 0.23%

4.92%
ENERBANK UT US RT 1,592.50 4.92%00.6500% MAT 06/19/25FIXED RATE CD /UT CD
245,000 245,000.00 94.920

48.33 0.60%

0.63% -12,446.00
06/19/2025 1.22 232,554.00 0.23%

4.87%
MORTON CMNTY BK IL US 1,470.00 4.87%RT 00.6000% MAT 06/19/25FIXED RATE CD /IL CD
245,000 245,000.00 94.846

20.14 0.60%

0.63% -12,627.30
06/26/2025 1.24 232,372.70 0.23%

4.87%
FIRST CAROLINA BK NC US 1,470.00 4.87%RT 00.6000% MAT 06/26/25FIXED RATE CD /NC CD
2,000,000 2,000,000.00 94.765
3,125.00

0.63%

0.66% -104,700.00
06/30/2025 06/30/2024 1.22 1,895,300.00 1.85%

4.98%4.98%
100.00
12,500.00

NR/NR/NR
FHLB BOND 00.625 % DUE Aaa/NR/AA+063025 DTD 063021 FC12302021 2,141,000 2,161,729.01 95.470
7,683.81

1.70%

1.78% -117,716.31
07/15/2025 06/15/2025 1.25 2,044,012.70 2.00%

5.36%5.36%
100.00
36,397.00

NR/NR/NR
E I DU PONT DE NEMOURS A3/A/A01.700% 071525DTD051520 FC011521CALL@MW+25BPIncludes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 64 of 78 Item #8. Page 67
Meeting Date: 4/23/2024 / Packet Page #: 353
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2025
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
1,000,000 998,500.00 94.493
944.44

0.50%

0.53% -53,570.00
07/23/2025 1.28 944,930.00 0.92%

4.86%
5,000.00 4.86%

NR/NR/NR
FHLMC MED TERM NTS Aaa/AA+/NR00.500 % DUE 072325 DTD072320 FC 01232021 245,000 245,000.00 94.251
114.45

0.55%

0.58% -14,085.05
07/30/2025 1.33 230,914.95 0.23%

5.00%
MEDALLION BK UT US RT 1,347.50 5.00%00.5500% MAT 07/30/25FIXED RATE CD /UT CD
1,000,000 999,950.00 94.054
652.78

0.50%

0.53% -59,410.00
08/14/2025 05/14/2024 1.34 940,540.00 0.92%

5.02%5.02%
100.00
5,000.00

NR/NR/NR
FNMA NTS 00.500 % DUE Aaa/AA+/AA+081425 DTD 081420 FC02142021 1,000,000 1,035,706.18 97.745
4,312.50

3.38%

3.45% -58,256.18
08/15/2025 05/15/2025 1.32 977,450.00 0.95%

5.08%5.08%
100.00
33,750.00

NR/NR/NR
COMCAST CORP NEW B/E A3/A-/A03.375% 081525DTD052715 FC081515CALL@MW+20BP 245,000 245,000.00 93.758

13.42 0.40%

0.43% -15,292.90
08/26/2025 1.40 229,707.10 0.22%

4.98%
COMMUNITY BK TN US RT 980.00 4.98%00.4000% MAT 08/26/25FIXED RATE CD /TN CD
245,000 245,000.00 93.749

8.05 0.40%

0.43% -15,314.95
08/28/2025 1.41 229,685.05 0.22%

4.97%
BANK3 TENNESSEE TN US RT 980.00 4.97%00.4000% MAT 08/28/25FIXED RATE CD /TN CD
988,000 983,948.13 98.851
3,509.46

4.13%

4.17% -7,300.25
08/28/2025 05/28/2024 1.35 976,647.88 0.95%

4.97%4.97%
100.00
40,755.00

NR/NR/NR
FNMA NTS 04.125 % DUE Aaa/AA+/AA+082825 DTD 083022 FC02282023 245,000 245,000.00 93.736

80.55 0.40%

0.43% -15,346.80
08/29/2025 1.41 229,653.20 0.22%

4.97%
HOME LN INVT BK RI US RT 980.00 4.97%00.4000% MAT 08/29/25FIXED RATE CD /RI CD
2,000,000 2,000,000.00 94.138
586.67

0.66%

0.70% -117,240.00
09/15/2025 1.42 1,882,760.00 1.84%

4.86%
13,200.00 4.86%

NR/NR/NR
FFCB BOND 00.660 % DUE Aaa/AA+/AA+091525 DTD 091521 FC03152022 245,000 245,000.00 93.475

24.16 0.40%

0.43% -15,986.25
09/22/2025 06/22/2024 1.48 229,013.75 0.22%

4.96%4.96%
100.00
AMERICAN COMM BK GA 980.00US RT 00.4000% MAT09/22/25 FIXED RATE CD /GA CD
108,000 108,000.00 93.501

9.32 0.35%

0.37% -7,018.92
09/22/2025 1.45 100,981.08 0.10%

4.93%
CHAMBERS BANK AK US RT 378.00 4.93%00.3500% MAT 09/22/25FIXED RATE CD /AK CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 65 of 78 Item #8. Page 68
Meeting Date: 4/23/2024 / Packet Page #: 354
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2025
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 93.581
312.12

0.50%

0.53% -15,726.55
09/29/2025 03/29/2024 1.48 229,273.45 0.22%

4.95%4.95%
100.00
USALLIANCE FED CRE NY US 1,225.00RT 00.5000% MAT 09/29/25FIXED RATE CD /NY CD
245,000 245,000.00 93.879
859.85

0.70%

0.75% -14,996.45
09/30/2025 03/31/2024 1.46 230,003.55 0.22%

4.96%4.96%
100.00
JPMORGAN CHASE BK OH 1,715.00US RT 00.7000% MAT09/30/25 FIXED RATE CD /OH CD
245,000 245,000.00 99.320
332.26

4.50%

4.53% -1,666.00
10/20/2025 04/20/2024 1.51 243,334.00 0.24%

4.95%4.95%
100.00
GREAT STHN BK MO US RT 11,025.0004.5000% MAT 10/20/25FIXED RATE CD /MO CD
245,000 245,000.00 93.181

32.22 0.60%

0.64% -16,706.55
10/23/2025 04/23/2024 1.56 228,293.45 0.22%

5.12%5.12%
100.00
TEXAS EXCHANGE BK TX US 1,470.00RT 00.6000% MAT 10/23/25FIXED RATE CD /TX CD
2,000,000 2,000,000.00 93.263
4,620.00

0.54%

0.58% -134,740.00
10/27/2025 10/27/2024 1.53 1,865,260.00 1.82%

5.03%5.03%
100.00
10,800.00

NR/NR/NR
FNMA NTS 00.540 % DUE Aaa/AA+/AA+102725 DTD 102720 FC04272021 2,000,000 2,000,000.00 93.197
4,168.89

0.56%

0.60% -136,060.00
11/17/2025 11/17/2024 1.59 1,863,940.00 1.82%

4.94%4.94%
100.00
11,200.00

NR/NR/NR
FNMA NTS 00.560 % DUE Aaa/AA+/AA+111725 DTD 111720 FC05172021 2,000,000 2,000,000.00 93.303
4,233.33

0.60%

0.64% -133,940.00
11/24/2025 1.61 1,866,060.00 1.82%

4.86%
12,000.00 4.86%

NR/NR/NR
FFCB BOND 00.600 % DUE Aaa/AA+/AA+112425 DTD 112420 FC05242021 245,000 245,000.00 92.815
362.47

0.50%

0.54% -17,603.25
12/15/2025 1.67 227,396.75 0.22%

4.91%
BK HAPOALIM BM NY US RT 1,225.00 4.91%00.5000% MAT 12/15/25FIXED RATE CD /NY CD
Total 2025 44,073,000 1.28% 06/21/2025 $556,338.75

1.32%

5.06%5.06%

1.19$44,265,580.33
$-2,195,092.54
$42,070,487.79
$118,581.31

41.08%
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 66 of 78 Item #8. Page 69
Meeting Date: 4/23/2024 / Packet Page #: 355
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2026
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
2,000,000 2,001,424.27 92.876
2,955.56

0.70%

0.75% -143,904.27
01/15/2026 1.74 1,857,520.00 1.81%

4.89%
14,000.00 4.89%

NR/NR/NR
JOHN DEERE CPTL CORP A1/A+/A00.700% 011526DTD010721 FC071521 MEDTERM NTS 1,175,000 1,175,000.00 99.898
11,071.11

5.30%

5.31% -1,198.50
01/27/2026 04/27/2024 1.71 1,173,801.50 1.15%

5.35%5.35%
100.00
62,275.00

NR/NR/NR
FHLMC MED TERM NTS Aaa/AA+/AA+05.300 % DUE 012726 DTD012723 FC 07272023 245,000 245,000.00 98.876
1,654.59

4.25%

4.30% -2,753.80
02/02/2026 1.75 242,246.20 0.24%

4.89%
MORGAN STANLEY BK UT US 10,412.50 4.89%RT 04.2500% MAT 02/02/26FIXED RATE CD /UT CD
1,200,000 1,200,000.00 90.716
933.33

0.80%

0.88% -111,408.00
02/26/2026 02/26/2025 1.84 1,088,592.00 1.06%

6.01%6.01%
100.00
9,600.00

NR/NR/NR
A1/AA-/A- JPMORGAN CHASE & CO

00.800% 022626DTD022621 FC082621 MEDTERM NTS
245,000 245,000.00 98.073
1,249.84

3.80%

3.87% -4,721.15
03/11/2026 04/11/2024 1.85 240,278.85 0.23%

4.84%4.84%
100.00
CFG COMMUNITY BANK MD 9,310.00US RT 03.8000% MAT03/11/26 FIXED RATE CD/MD CD
2,000,000 1,989,860.00 92.166
1,000.00

0.90%

0.98% -146,540.00
03/11/2026 02/11/2026 1.89 1,843,320.00 1.80%

5.17%5.17%
100.00
18,000.00

NR/NR/NR
CHARLES SCHWAB CORP A2/A/ANTS 00.900% 031126DTD121120 FC031121CALL@MW+10BP 245,000 245,000.00 92.408

69.81 0.80%

0.87% -18,600.40
03/18/2026 06/18/2024 1.93 226,399.60 0.22%

4.86%4.86%
100.00
BMO HARRIS BK NA IL US RT 1,960.0000.8000% MAT 03/18/26FIXED RATE CD /IL CD
245,000 245,000.00 100.372
372.87

5.05%

5.03% 911.40
03/20/2026 1.88 245,911.40 0.24%

4.85%
AFFINITY PLUS MN US RT 12,372.50 4.85%05.0500% MAT 03/20/26LICU SHARE CERTIFICATE/MN CD
245,000 245,000.00 100.278
369.18

5.00%

4.99% 681.10
03/20/2026 1.88 245,681.10 0.24%

4.85%
VALLEYSTAR CR UN M VA 12,250.00 4.85%US RT 05.0000% MAT03/20/26 LICU SHARECERTIFICATE /VA CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 67 of 78 Item #8. Page 70
Meeting Date: 4/23/2024 / Packet Page #: 356
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2026
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 100.291
1,006.85

5.00%

4.99% 712.95
03/23/2026 1.89 245,712.95 0.24%

4.85%
TECHNOLOGY CREDIT CA US 12,250.00 4.85%RT 05.0000% MAT 03/23/26CREDIT UNION SHARE CERT/CA CD
245,000 245,000.00 100.241
234.93

5.00%

4.99% 590.45
03/24/2026 1.87 245,590.45 0.24%

4.87%
CIBC BANK ILLINOIS IL US RT 12,250.00 4.87%05.0000% MAT 03/24/26FIXED RATE CD /IL CD
245,000 245,000.00 92.551

36.25 0.90%

0.97% -18,250.05
03/25/2026 1.93 226,749.95 0.22%

4.87%
STATE BANK OF INDI NY US 2,205.00 4.87%RT 00.9000% MAT 03/25/26FIXED RATE CD /NY CD
2,000,000 2,000,000.00 93.220
10,500.00

1.05%

1.13% -135,600.00
03/30/2026 N/A 1,864,400.00 1.82%
N/A
21,000.00 N/A

NR/NR/NR
FHLB NTS 1.0500% DUE Aaa/NR/AA+033026 DTD 033021 FC09302021 245,000 245,000.00 92.570
197.68

0.95%

1.03% -18,203.50
03/31/2026 03/31/2024 N/A 226,796.50 0.22%
N/AN/A
100.00
BANKUNITED NA FLOR FL US 2,327.50RT 00.9500% MAT 03/31/26FIXED RATE CD /FL CD
245,000 245,000.00 92.431
191.30

0.95%

1.03% -18,544.05
04/16/2026 2.02 226,455.95 0.22%

4.83%
GREENSTATE CREDIT IA US 2,327.50 4.83%RT 00.9500% MAT 04/16/26FIXED RATE CD /IA CD
245,000 245,000.00 92.348
972.62

0.90%

0.97% -18,747.40
04/22/2026 2.00 226,252.60 0.22%

4.83%
TOYOTA FINL SVG BK NV US 2,205.00 4.83%RT 00.9000% MAT 04/22/26FIXED RATE CD /NV CD
2,000,000 2,000,000.00 93.035
3,777.78

0.50%

0.54% -139,300.00
05/15/2026 05/15/2024 N/A 1,860,700.00 1.82%
N/AN/A
100.00
10,000.00

NR/NR/NR
INTL FIN CORP NTS 00.500 % Aaa/NR/AAADUE 051526 DTD 052821 FC11152021 2,000,000 2,002,064.48 92.530
8,688.89

1.15%

1.24% -151,464.48
05/15/2026 04/15/2026 2.05 1,850,600.00 1.81%

4.88%4.88%
100.00
23,000.00

NR/NR/NR
UNITED HEALTH GROUP INC A2/A/A+01.150% 051526DTD051921 FC111521CALL@MW+07.50BP 245,000 245,000.00 91.710

85.58 0.85%

0.93% -20,310.50
06/16/2026 06/16/2024 2.19 224,689.50 0.22%

4.80%4.80%
100.00
UBS BANK UT US RT 2,082.5000.8500% MAT 06/16/26FIXED RATE CD /UT CD
245,000 245,000.00 97.346
2,192.25

3.55%

3.65% -6,502.30
06/30/2026 03/30/2024 2.12 238,497.70 0.23%

4.80%4.80%
100.00
ALLY BK UT US RT 03.5500% 8,697.50MAT 06/30/26 FIXED RATECD /UT CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 68 of 78 Item #8. Page 71
Meeting Date: 4/23/2024 / Packet Page #: 357
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2026
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
2,000,000 2,000,000.00 93.387
4,375.00

0.88%

0.94% -132,260.00
06/30/2026 03/30/2024 N/A 1,867,740.00 1.82%
N/AN/A
100.00
17,500.00

NR/NR/NR
FHLB BOND STEP-UP 0.875% Aaa/NR/AA+DUE 063026 DTD 063021 FC12302021 2,000,000 2,000,000.00 93.388
7,500.00

1.50%

1.61% -132,240.00
06/30/2026 N/A 1,867,760.00 1.82%
N/A
30,000.00 N/A

NR/NR/NR
FHLB NTS 1.5000% DUE Aaa/NR/AA+063026 DTD 063021 FC12302021 245,000 245,000.00 91.329
432.27

0.70%

0.77% -21,243.95
07/01/2026 2.19 223,756.05 0.22%

4.79%
NEW YORK CMNTY BK NY 1,715.00 4.79%US RT 00.7000% MAT07/01/26 FIXED RATE CD /NY CD
1,000,000 968,385.25 92.078
1,400.00

1.05%

1.14% -47,605.25
08/13/2026 04/13/2024 2.29 920,780.00 0.90%

4.61%4.61%
100.00
10,500.00

NR/NR/NR
FHLB BOND 01.050 % DUE Aaa/NR/AA+081326 DTD 081321 FC02132022 245,000 245,000.00 91.115
161.10

0.80%

0.88% -21,768.25
08/13/2026 2.34 223,231.75 0.22%

4.76%
LIVE OAK BKG CO NC US RT 1,960.00 4.76%00.8000% MAT 08/13/26FIXED RATE CD /NC CD
2,000,000 2,000,000.00 92.226
2,236.11

1.15%

1.25% -155,480.00
08/26/2026 N/A 1,844,520.00 1.80%
N/A
23,000.00 N/A

NR/NR/NR
FHLB NTS 1.1500% DUE Aaa/NR/AA+082626 DTD 082621 FC02262022 2,000,000 2,000,000.00 89.274
1,983.33

1.05%

1.18% -214,520.00
08/27/2026 08/27/2025 2.32 1,785,480.00 1.74%

5.88%5.88%
100.00
21,000.00

NR/NR/NR
MORGAN STANLEY FIN LLC A1/A+/A01.050% 082726DTD082721 FC022722 MEDTERM NTS 2,000,000 2,000,000.00 91.164
156.67

0.94%

1.03% -176,720.00
09/28/2026 2.42 1,823,280.00 1.78%

4.73%
18,800.00 4.73%

NR/NR/NR
FFCB NTS 00.940 % DUE Aaa/AA+/AA+092826 DTD 092821 FC03282022 1,000,000 982,052.13 91.875
4,697.80

1.13%

1.22% -63,302.13
10/31/2026 2.49 918,750.00 0.90%

4.48%
11,250.00 4.48%

NR/NR/NR
US TSY NOTE 01.125 % DUE NR/AA+/NR10/31/26 DTD 10/31/21 FC04/30/22 245,000 245,000.00 91.214
988.05

1.15%

1.26% -21,525.70
11/24/2026 2.56 223,474.30 0.22%

4.70%
CAPITAL ONE BK USA VA US 2,817.50 4.70%RT 01.1500% MAT 11/24/26FIXED RATE CD /VA CD
245,000 245,000.00 91.214
988.05

1.15%

1.26% -21,525.70
11/24/2026 2.56 223,474.30 0.22%

4.70%
CAPITAL ONE NA VA US RT 2,817.50 4.70%01.1500% MAT 11/24/26FIXED RATE CD /VA CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 69 of 78 Item #8. Page 72
Meeting Date: 4/23/2024 / Packet Page #: 358
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2026
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
Total 2026 28,540,000 1.39% 05/30/2026 $389,885.00

1.47%

5.06%5.06%

2.07$28,483,786.13
$-1,961,343.48
$26,522,442.65
$72,478.79

Adjusted
cost basis ($)/
Unreal. g/l ($)
2,000,000 2,000,000.00 92.639
6,644.44

1.84%

1.99% -147,220.00
01/26/2027 2.69 1,852,780.00 1.81%

4.65%
36,800.00 4.65%

NR/NR/NR
FFCB BOND 01.840 % DUE Aaa/AA+/AA+012627 DTD 012622 FC07262022 2,000,000 2,000,000.00 92.504
5,043.33

1.78%

1.92% -149,920.00
02/10/2027 05/10/2024 2.74 1,850,080.00 1.81%

4.60%4.60%
100.00
35,600.00

NR/NR/NR
FHLB BOND 01.780 % DUE Aaa/NR/AA+021027 DTD 021022 FC08102022 245,000 245,000.00 100.012
1,370.99

4.75%

4.75% 29.40
02/17/2027 05/17/2024 0.14 245,029.40 0.24%

4.64%4.74%
100.00
BOKF NA OK US RT 11,637.5004.7500% MAT 02/17/27FIXED RATE CD /OK CD
245,000 245,000.00 92.009
342.33

1.70%

1.85% -19,577.95
02/18/2027 2.81 225,422.05 0.22%

4.65%
METRO CREDIT UNION MA 4,165.00 4.65%US RT 01.7000% MAT02/18/27 LICU SHARECERTIFICATE /MA CD
245,000 245,000.00 92.023
148.34

1.70%

1.85% -19,543.65
02/18/2027 2.81 225,456.35 0.22%

4.65%
PENTAGON FED CREDI VA US 4,165.00 4.65%RT 01.7000% MAT 02/18/27CREDIT UNION SHARE CERT/VA CD
3,215,000 3,075,098.40 93.121
6,462.15

2.01%

2.16% -81,258.25
02/25/2027 05/25/2024 2.77 2,993,840.15 2.92%

4.56%4.56%
100.00
64,621.50

NR/NR/NR
FHLB BOND 02.010 % DUE Aaa/NR/AA+022527 DTD 022522 FC08252022 245,000 245,658.37 92.788
389.32

2.00%

2.16% -18,327.77
03/02/2027 2.79 227,330.60 0.22%

4.66%
EAGLEMARK SVGS BK NV US 4,900.00 4.66%RT 02.0000% MAT 03/02/27FIXED RATE CD /NV CD
490,000 490,000.00 99.896
1,112.71

5.45%

5.46% -509.60
03/16/2027 06/16/2024 2.70 489,490.40 0.48%

5.49%5.49%
100.00
26,705.00

NR/NR/NR
FHLB BOND 05.450 % DUE Aaa/NR/AA+031627 DTD 121622 FC03162023 245,000 245,000.00 95.949
2,749.37

3.20%

3.34% -9,924.95
05/24/2027 2.93 235,075.05 0.23%

4.59%
DISCOVER BANK DE US RT 7,840.00 4.59%03.2000% MAT 05/24/27FIXED RATE CD /DE CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 70 of 78 Item #8. Page 73
Meeting Date: 4/23/2024 / Packet Page #: 359
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2027
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 100.383
504.77

4.70%

4.68% 938.35
06/15/2027 2.98 245,938.35 0.24%

4.57%
ESSENTIAL FED CRED LA US 11,515.00 4.57%RT 04.7000% MAT 06/15/27LICU SHARE CERTIFICATE /LA CD
245,000 245,000.00 96.057
349.04

3.25%

3.38% -9,660.35
06/15/2027 3.04 235,339.65 0.23%

4.57%
LAFAYETTE FED CRED MD US 7,962.50 4.57%RT 03.2500% MAT 06/15/27LICU SHARE CERTIFICATE/MD CD
245,000 245,000.00 100.137
663.18

5.20%

5.19% 335.65
12/13/2027 06/12/2024 0.21 245,335.65 0.24%

4.54%5.16%
100.00
PREMIER CMNTY BK WI US 12,740.00RT 05.2000% MAT 12/13/27FIXED RATE CD /WI CD
Total 2027 9,665,000 2.39% 03/05/2027 $228,651.50

2.52%

4.67%4.65%

2.62 $9,525,756.77
$-454,639.12
$9,071,117.65
$25,779.97

Adjusted
cost basis ($)/
Unreal. g/l ($)
1,000,000 1,000,000.00 99.509
9,066.67

5.10%

5.13% -4,910.00
01/27/2028 04/27/2024 3.41 995,090.00 0.97%

5.24%5.24%
100.00
51,000.00

NR/NR/NR
FHLMC MED TERM NTS NR/AA+/AA+05.100 % DUE 012728 DTD013023 FC 07272023 2,000,000 2,000,004.22 99.889
11,100.00

5.40%

5.41% -2,224.22
02/24/2028 05/24/2024 3.46 1,997,780.00 1.95%

5.43%5.43%
100.00
108,000.00

NR/NR/NR
FHLB BOND 05.400 % DUE Aaa/NR/AA+022428 DTD 022423 FC08242023 245,000 245,000.00 101.258
939.73

5.00%

4.94% 3,082.10
04/03/2028 04/03/2026 1.91 248,082.10 0.24%

4.35%4.66%
100.00
ARBOR FINL CREDIT MI US RT 12,250.0005.0000% MAT 04/03/28FIXED RATE CD /MI CD
2,000,000 2,000,004.39 100.111
48,025.00

5.65%

5.64% 2,215.61
04/28/2028 04/28/2024 0.08 2,002,220.00 1.96%

4.21%5.62%
100.00
113,000.00

NR/NR/NR
FHLB BOND 05.650 % DUE Aaa/NR/AA+042828 DTD 042823 FC10282023 245,000 245,000.00 101.211
604.78

5.30%

5.24% 2,966.95
07/14/2028 07/14/2025 1.25 247,966.95 0.24%

4.34%4.99%
100.00
CY-FAIR FED CREDIT TX US 12,985.00RT 05.3000% MAT 07/14/28FIXED RATE CD /TX CD
245,000 245,000.00 102.630
469.86

5.00%

4.87% 6,443.50
07/17/2028 3.87 251,443.50 0.25%

4.33%
NEW ORLEANS FIREME LA US 12,250.00 4.33%RT 05.0000% MAT 07/17/28FIXED RATE CD /LA CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2024 Page 71 of 78 Item #8. Page 74
Meeting Date: 4/23/2024 / Packet Page #: 360
SX XX180 • City of Glendora • Business Service Account
Prepared for City of GlendoraRisk profile: ConservativeReturn Objective: Current Income Bond Holdings as of March 31, 2024 (continued)Maturing 2028
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.

Adjusted
cost basis ($)/
Unreal. g/l ($)
Total 2028 5,735,000 5.40% 03/27/2028 $309,485.00

5.39%

5.36%4.83%

2.13 $5,735,008.61
$7,573.94
$5,742,582.55
$70,206.04

Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 244,987.75 99.119
688.01

4.10%

4.14% -2,146.20
02/06/2029 4.39 242,841.55 0.24%

4.30%
WELLS FARGO BK NA SD US 10,045.00 4.30%RT 04.1000% MAT 02/06/29FIXED RATE CD /SD CD
Total 2029 245,000 4.10% 02/06/2029 $10,045.00

4.14%

4.30%4.30%

4.39 $244,987.75
$-2,146.20
$242,841.55
$688.01

Market
price ($)

5.09%5.06%
11/19/2025 N/A 1.41$107,284,800.8 N/A $102,407,078.51
$-4,877,722.34
107,317,000

This section contains important disclosures regarding the information and valuations presented here. Allinformation presented is subject to change at any time and is provided only as of the date indicated. Theinformation in this report is for informational purposes only and should not be relied upon as the basis of aninvestment or liquidation decision. UBS FS account statements and official tax documents are the only officialrecord of your accounts and are not replaced, amended or superseded by any of the information presented inthese reports. You should not rely on this information in making purchase or sell decisions, for tax purposes orotherwise.UBS FS offers a number of investment advisory programs to clients, acting in our capacity as an investmentadviser, including fee-based financial planning, discretionary account management, non-discretionary investmentadvisory programs, and advice on the selection of investment managers and mutual funds offered through ourinvestment advisory programs. When we act as your investment adviser, we will have a written agreement withyou expressly acknowledging our investment advisory relationship with you and describing our obligations toyou. At the beginning of our advisory relationship, we will give you our Form ADV brochure(s) for the program(s)you selected that provides detailed information about, among other things, the advisory services we provide, ourfees, our personnel, our other business activities and financial industry affiliations and conflicts between ourinterests and your interests.In our attempt to provide you with the highest quality information available, we have compiled this report usingdata obtained from recognized statistical sources and authorities in the financial industry. While we believe thisinformation to be reliable, we cannot make any representations regarding its accuracy or completeness. Pleasekeep this guide as your Advisory Review.Please keep in mind that most investment objectives are long term. Although it is important to evaluate yourportfolio's performance over multiple time periods, we believe the greatest emphasis should be placed on thelonger period returns.Please review the report content carefully and contact your Financial Advisor with any questions.Client Accounts: This report may include all assets in the accounts listed and may include eligible and ineligibleassets in a fee-based program. Since ineligible assets are not considered fee-based program assets, the inclusionof such securities will distort the actual performance of your accounts and does not reflect the performance ofyour accounts in the fee-based program. As a result, the performance reflected in this report can varysubstantially from the individual account performance reflected in the performance reports provided to you aspart of those programs. For fee-based programs, fees are charged on the market value of eligible assets in theaccounts and assessed quarterly in advance, prorated according to the number of calendar days in the billingperiod. When shown on a report, the risk profile and return objectives describe your overall goals for theseaccounts. For each account you maintain, you choose one return objective and a primary risk profile. If you havequestions regarding these objectives or wish to change them, please contact your Financial Advisor to updateyour account records.Performance: This report presents account activity and performance depending on which inception type you'vechosen. The two options are: (1) All Assets (Since Performance Start): This presents performance for all assetssince the earliest possible date; (2) Advisory Assets (Advisory Strategy Start) for individual advisory accounts: Thispresents Advisory level performance since the Latest Strategy Start date; If an account that has never beenmanaged is included in the consolidated report, the total performance of that unmanaged account will beincluded since inception.

Time-weighted Returns for accounts / SWP/AAP sleeves (Monthly periods): The report displays a timeweighted rate of return (TWR) that is calculated using the Modified Dietz Method. This calculation uses thebeginning and ending portfolio values for the month and weighs each contribution/withdrawal based upon theday the cash flow occurred. Periods greater than one month are calculated by linking the monthly returns. TheTWR gives equal weighting to every return regardless of amount of money invested, so it is an effective measurefor returns on a fee based account. All periods shown which are greater than 12 months are annualized. Thisapplies to all performance for all assets before 09/30/2010, Advisory assets before 12/31/2010 and SWP sleevesbefore 04/30/2018.Time-weighted Returns for accounts / SWP/AAP sleeves (Daily periods): The report displays a timeweighted rate of return (TWR) that is calculated by dividing the portfolio's daily gain/loss by the previous day'sclosing market value plus the net value of cash flows that occurred during the day, if it was positive. The TWRgives equal weighting to every return regardless of amount of money invested, so it is an effective measure forreturns on a fee based account. Periods greater than one day are calculated by linking the daily returns. Allperiods shown which are greater than 12 months are annualized. For reports generated prior to 01/26/2018, theperformance calculations used the account's end of day value on the performance inception (listed in the reportunder the column "ITD") and all cash flows were posted at end of day. As a result of the change, the overallrate of return (TWR) and beginning market value displayed can vary from prior generated reports. This applies toall performance for all assets on or after 09/30/2010, Advisory assets on or after 12/31/2010, SWP/AAP sleeveson or after 04/30/2018 as well as all Asset Class and Security level returns.Money-weighted returns: Money-weighted return (MWR) is a measure of the rate of return for an asset orportfolio of assets. It is calculated by finding the daily Internal Rate of Return (IRR) for the period and thencompounding this return by the number of days in the period being measured. The MWR incorporates the sizeand timing of cash flows, so it is an effective measure of returns on a portfolio.Annualized Performance: All performance periods greater than one year are calculated (unless otherwisestated) on an annualized basis, which represents the return on an investment multiplied or divided to give acomparable one year return.Cumulative Performance: A cumulative return is the aggregate amount that an investment has gained or lostover time, independent of the period of time involved.Net of Fees and Gross of Fees Performance: Performance is presented on a "net of fees" and "gross offees" basis, where indicated. Net returns do not reflect Program and wrap fees prior to 10/31/10 for accountsthat are billed separately via invoice through a separate account billing arrangement. Gross returns do not reflectthe deduction of fees, commissions or other charges. The payment of actual fees and expenses will reduce aclient's return. The compound effect of such fees and expenses should be considered when reviewing returns.For example, the net effect of the deduction of fees on annualized performance, including the compoundedeffect over time, is determined by the relative size of the fee and the account's investment performance. Itshould also be noted that where gross returns are compared to an index, the index performance also does notreflect any transaction costs, which would lower the performance results. Market index data maybe subject toreview and revision.Benchmark/Major Indices: The past performance of an index is not a guarantee of future results. Anybenchmark is shown for informational purposes only and relates to historical performance of market indices andnot the performance of actual investments. Although most portfolios use indices as benchmarks, portfolios areactively managed and generally are not restricted to investing only in securities in the index. As a result, your Report created on: April 01, 2024 Page 73 of 78
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Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) portfolio holdings and performance may vary substantially from the index. Each index reflects an unmanageduniverse of securities without any deduction for advisory fees or other expenses that would reduce actualreturns, as well as the reinvestment of all income and dividends. An actual investment in the securities includedin the index would require an investor to incur transaction costs, which would lower the performance results.Indices are not actively managed and investors cannot invest directly in the indices. Market index data maybesubject to review and revision. Further, there is no guarantee that an investor's account will meet or exceed thestated benchmark. Index performance information has been obtained from third parties deemed to be reliable.We have not independently verified this information, nor do we make any representations or warranties to theaccuracy or completeness of this information.Blended Index - For Advisory accounts, Blended Index is designed to reflect the asset categories in which youraccount is invested. For Brokerage accounts, you have the option to select any benchmark from the list.For certain products, the blended index represents the investment style corresponding to your client targetallocation. If you change your client target allocation, your blended index will change in step with your changeto your client target allocation.Blended Index 2 - 8 - are optional indices selected by you which may consist of a blend of indexes. For advisoryaccounts, these indices are for informational purposes only. Depending on the selection, the benchmark selectedmay not be an appropriate basis for comparison of your portfolio based on it's holdings.For strategies that are highly customized, such as Concentrated Equity Solutions (CES), benchmarks are broadmarket indices included for general reference and are not intended to show comparative market performance orpotential portfolios with risk or return profiles similar to your account. Benchmark indices are shown forillustrative purposes only.Custom Time Periods: If represented on this report, the performance start date and the performance end datehave been selected by your Financial Advisor in order to provide performance and account activity informationfor your account for the specified period of time only. As a result, only a portion of your account's activity andperformance information is presented in the performance report, and, therefore, presents a distortedrepresentation of your account's activity and performance.Net Deposits/Withdrawals: When shown on a report, this information represents the net value of all cash andsecurities contributions and withdrawals, program fees (including wrap fees) and other fees added to orsubtracted from your accounts from the first day to the last day of the period. When fees are shown separately,net deposits / withdrawals does not include program fees (including wrap fees). When investment return isdisplayed net deposits / withdrawals does not include program fees (including wrap fees). For securitycontributions and withdrawals, securities are calculated using the end of day UBS FS price on the day securitiesare delivered in or out of the accounts. Wrap fees will be included in this calculation except when paid via aninvoice or through a separate accounts billing arrangement. When shown on Client summary and/or Portfolioreview report, program fees (including wrap fees) may not be included in net deposits/withdrawals. PACEProgram fees paid from sources other than your PACE account are treated as a contribution. A PACE ProgramFee rebate that is not reinvested is treated as a withdrawal.Deposits: When shown on a report, this information represents the net value of all cash and securitiescontributions added to your accounts from the first day to the last day of the period. On Client Summary Reportand/or Portfolio Review Report, this may exclude the Opening balance. For security contributions, securities arecalculated using the end of day UBS FS price on the day securities are delivered in or out of the accounts.

Withdrawals: When shown on a report, this information represents the net value of all cash and securitieswithdrawals subtracted from your accounts from the first day to the last day of the period. On Client summaryand/or portfolio review report Withdrawals may not include program fees (including wrap fees). For securitywithdrawals, securities are calculated using the end of day UBS FS price on the day securities are delivered in orout of the accounts.Dividends/Interest: Dividend and interest earned, when shown on a report, does not include income onsecurities that have been lent out & does not reflect your account's tax status or reporting requirements. Useonly official tax reporting documents (i.e. 1099) for tax reporting purposes. The classification of privateinvestment distributions can only be determined by referring to the official year-end tax-reporting documentprovided by the issuer.Change in Accrued Interest: When shown on a report, this information represents the difference between theaccrued interest at the beginning of the period from the accrued interest at the end of the period.Change in Value: Represents the change in value of the portfolio during the reporting period, excludingadditions/withdrawals, dividend and interest income earned and accrued interest. Change in Value may includeprograms fees (including wrap fees) and other fees.Fees: Fees represented in this report include program and wrap fees. Program and wrap fees prior to October 1,2010 for accounts that are billed separately via invoice through a separate account billing arrangement are notincluded in this report.Performance Start Date Changes: The Performance Start Date for accounts marked with a '^' have changed.Performance figures of an account with a changed Performance Start Date may not include the entire history ofthe account. The new Performance Start Date will generate performance returns and activity information for ashorter period than is available at UBS FS. As a result, the overall performance of these accounts may generatebetter performance than the period of time that would be included if the report used the inception date of theaccount. UBS FS recommends reviewing performance reports that use the inception date of the account becausereports with longer time frames are usually more helpful when evaluating investment programs and strategies.Performance reports may include accounts with inception dates that precede the new Performance Start Dateand will show performance and activity information from the earliest available inception date.The change in Performance Start Date may be the result of a performance gap due to a zero-balance thatprevents the calculation of continuous returns from the inception of the account. The Performance Start Datemay also change if an account has failed one of our performance data integrity tests. In such instances, theaccount will be labeled as 'Review Required' and performance prior to that failure will be restricted. Finally, thePerformance Start Date will change if you have explicitly requested a performance restart. Please contact yourFinancial Advisor for additional details regarding your new Performance Start Date.Closed Account Performance: Accounts that have been closed may be included in the consolidatedperformance report. When closed accounts are included in the consolidated report, the performance report willonly include information for the time period the account was active during the consolidated performancereporting time period.Important information on options-based strategies: Options involve risk and are not suitable for everyone.Prior to buying or selling an option investors must read a copy of the Characteristics & Risks of StandardizedOptions, also known as the options disclosure document (ODD). It explains the characteristics and risks of Report created on: April 01, 2024 Page 74 of 78
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Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) exchange traded options. The options risk disclosure document can be accessed at the following web address:www.optionsclearing.com/about/publications/character-risks.Concentrated Equity Solutions (CES) managers are not involved in the selection of the underlying stock positions.The Manager will advise only on the options selection in order to pursue the strategy in connection with theunderlying stock position(s) deposited in the account. It is important to keep this in mind when evaluating themanager's performance since the account's performance will include the performance of the underlying equityposition that is not being managed. CES use options to seek to achieve your investment objectives regardingyour concentration stock position. Options strategies change the potential return profile of your stock. In certainscenarios, such as call writing, the call position will limit your ability to participate in any potential increase in theunderlying equity position upon which the call was written. Therefore, in some market conditions, particularlyduring periods of significant appreciation of the underlying equity position(s), the CES account will decrease theperformance that would have been achieved had the stock been held long without implementing the CESstrategy.Portfolio: For purposes of this report "portfolio" is defined as all of the accounts presented on the cover pageor the header of this report and does not necessarily include all of the client's accounts held at UBS FS orelsewhere.Percentage: Portfolio (in the "% Portfolio / Total" column) includes all holdings held in the account(s) selectedwhen this report was generated. Broad asset class (in the "% broad asset class" column) includes all holdingsheld in that broad asset class in the account(s) selected when this report was generated.Tax lots: This report displays security tax lots as either one line item (i.e., lumped tax lots) or as separate tax lotlevel information. If you choose to display security tax lots as one line item, the total cost equals the total valueof all tax lots. The unit cost is an average of the total cost divided by the total number of shares. If the shareswere purchased in different lots, the unit price listed does not represent the actual cost paid for each lot. Theunrealized gain/loss value is calculated by combining the total value of all tax lots plus or minus the total marketvalue of the security.If you choose to display tax lot level information as separate line items on the Portfolio Holdings report, the taxlot information may include information from sources other than UBS FS. The Firm does not independently verifyor guarantee the accuracy or validity of any information provided by sources other than UBS FS. As a result thisinformation may not be accurate and is provided for informational purposes only. Clients should not rely on thisinformation in making purchase or sell decisions, for tax purposes or otherwise. See your monthly statement foradditional information.Pricing: All securities are priced using the closing price reported on the last business day preceding the date ofthis report. Every reasonable attempt has been made to accurately price securities; however, we make nowarranty with respect to any security's price. Please refer to the back of the first page of your UBS FS accountstatement for important information regarding the pricing used for certain types of securities, the sources ofpricing data and other qualifications concerning the pricing of securities. To determine the value of securities inyour account, we generally rely on third party quotation services. If a price is unavailable or believed to beunreliable, we may determine the price in good faith and may use other sources such as the last recordedtransaction. When securities are held at another custodian or if you hold illiquid or restricted securities for whichthere is no published price, we will generally rely on the value provided by the custodian or issuer of thatsecurity.

Cash: Cash on deposit at UBS Bank USA is protected by the Federal Deposit Insurance Corporation (FDIC) up to$250,000 in principal and accrued interest per depositor for each ownership type. Deposits made in anindividual's own name, joint name, or individual retirement account are each held in a separate type ofownership. Such deposits are not guaranteed by UBS FS. More information is available upon request.Margin: The quantity value may indicate that all or part of this position is held on margin or held in the shortaccount. When an account holds a debit balance, this debit balance is incorporated into the account's totalmarket value and deducted from the total value. When calculating the percent of portfolio on each security, thepercentage will be impacted by the total market value of the account. Therefore, if the account's market value isreduced by a debit value of a holding the percent of portfolio will be greater and if the account's market value isincreased by a holding then the percent of portfolio will be less.Asset Allocation: Your allocation analysis is based on your current portfolio. The Asset Allocation portion ofthis report shows the mix of various investment classes in your account. An asset allocation that shows asignificantly higher percentage of equity investments may be more appropriate for an investor with a moreaggressive investment strategy and higher tolerance for risk. Similarly, the asset allocation of a more conservativeinvestor may show a higher percentage of fixed income investments.Separately Managed Accounts and Pooled Investment Vehicles (such as mutual funds, closed end fundsand exchanged traded funds): The asset classification displayed is based on firm's proprietary methodology forclassifying assets. Please note that the asset classification assigned to rolled up strategies may include individualinvestments that provide exposure to other asset classes. For example, an International Developed Marketsstrategy may include exposure to Emerging Markets, and a US Large Cap strategy may include exposure to MidCap and Small Cap, etc.Mutual Fund Asset Allocation: If the option to unbundle balanced mutual funds is selected and if a fund'sholdings data is available, mutual funds will be classified by the asset class, subclass, and style breakdown oftheir underlying holdings. Where a mutual fund or ETF contains equity holdings from multiple equity sectors, thisreport will proportionately allocate the underlying holdings of the fund to those sectors measured as apercentage of the total fund's asset value as of the date shown.This information is supplied by Morningstar, Inc. on a daily basis to UBS FS based on data supplied by the fundwhich may not be current. Mutual funds change their portfolio holdings on a regular (often daily) basis.Accordingly, any analysis that includes mutual funds may not accurately reflect the current composition of thesefunds. If a fund's underlying holding data is not available, it will be classified based on its corresponding overallMorningstar classification. All data is as of the date indicated in the report.All pooled investment vehicles (such as mutual funds, closed end mutual funds, and exchange traded funds)incorporate internal management and operation expenses, which are reflected in the performance returns.Please see relevant fund prospectus for more information. Please note, performance for mutual funds is inclusiveof multiple share classes.Ineligible Assets: We require that you hold and purchase only eligible managed assets in your advisoryaccounts. Please contact your Financial Advisor for a list of the eligible assets in your program. These reports mayprovide performance information for eligible and ineligible assets in a fee-based program. Since ineligible assetsare not considered fee-based program assets, the inclusion of such securities will distort the actual performanceof your advisory assets. As a result, the performance reflected in this report can vary substantially from theindividual account performance reflected in the performance reports provided to you as part of those programs.

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Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) For fee-based programs, fees are charged on the market value of eligible assets in the accounts and assessedquarterly in advance, prorated according to the number of calendar days in the billing period. Neither UBS noryour Financial Advisor will act as your investment adviser with respect to Ineligible Assets.Variable Annuity Asset Allocation: If the option to unbundle a variable annuity is selected and if a variableannuity's holdings data is available, variable annuities will be classified by the asset class, subclass, and stylebreakdown for their underlying holdings. Where a variable annuity contains equity holdings from multiple equitysectors, this report will proportionately allocate the underlying holdings of the variable annuity to those sectorsmeasured as a percentage of the total variable annuity's asset value as of the date shown.This information is supplied by Morningstar, Inc. on a weekly basis to UBS FS based on data supplied by thevariable annuity which may not be current. Portfolio holdings of variable annuities change on a regular (oftendaily) basis. Accordingly, any analysis that includes variable annuities may not accurately reflect the currentcomposition of these variable annuities. If a variable annuity's underlying holding data is not available, it willremain classified as an annuity. All data is as of the date indicated in the report.Equity Style: The Growth, Value and Core labels are determined by Morningstar. If an Equity Style isunclassified, it is due to non-availability of data required by Morningstar to assign it a particular style.Equity Capitalization: Market Capitalization is determined by Morningstar. Equity securities are classified asLarge Cap, Mid Cap or Small Cap by Morningstar. Unclassified securities are those for which no capitalization isavailable on Morningstar.Equity Sectors: The Equity sector analysis may include a variety of accounts, each with different investment andrisk parameters. As a result, the overweighting or underweighting in a particular sector or asset class should notbe viewed as an isolated factor in making investment/liquidation decisions; but should be assessed on anaccount by account basis to determine the overall impact on the account's portfolio.Classified Equity: Classified equities are defined as those equities for which the firm can confirm the specificindustry and sector of the underlying equity instrument.Estimated Annual Income: The Estimated Annual Income is the dividend/interest rate paid by the investmentsolely as of the date of this report, annualized yearly per share and multiplied by the quantity of shares held inthe selected account(s). For Expected Cash Flow and Portfolio Holdings reports prior to June 23, 2023, savingsproducts & sweep funds do not display such calculations and instead, values are displayed as N/A. For all otherreports, Estimated Annual Income for savings products & sweep funds is not calculated or factored intoaggregate calculations and will be displayed as 0.Current Yield: Current yield calculations display the current yield of the investment solely as of the date of thisreport, is defined as the estimated annual income divided by the total market value. For Portfolio Holdings reportgenerated prior to June 23, 2023, savings products & sweep funds do not include such information and instead,values are displayed as N/A. For all other reports, Current Yield for savings products & sweep funds is notcalculated or factored into aggregate calculations and will be displayed as 0.YTM (at Market): Yield to Maturity (at Market) is the expected return of an interest-bearing security from thereport date, assuming that it is held to maturity with all coupon payments paid. For displays at the tax lot level,the Yield to Maturity is calculated based on the cost basis of that specific tax lot. For position level displays(consisting of multiple tax lots), Yield to Maturity is derived by using the weighted average cost basis of all the underlying tax lots.YTW (at Market): Yield to Worst (at Market) is the expected return of an interest-bearing security from thereport date, assuming that it is held to the next call date or until maturity (if no next call date) with all couponpayments paid. For displays at the tax lot level, the Yield to Worst is calculated based on the cost basis of thatspecific tax lot. For position level displays (consisting of multiple tax lots), Yield to Worst is derived by using theweighted average cost basis of all the underlying tax lots.Bond Rating: These ratings are obtained from independent industry sources and are not verified by UBS FS.Securities without rating information are left blank. Rating agencies may discontinue ratings on high yieldsecurities.NR: When NR is displayed under bond rating column, no ratings are currently available from that rating agency.High Yield: This report may designate a security as a high yield fixed income security even though one or morerating agencies rate the security as an investment grade security. Further, this report may incorporate a ratingthat is no longer current with the rating agency. For more information about the rating for any high yield fixedincome security, or to consider whether to hold or sell a high yield fixed income security, please contact yourfinancial advisor or representative and do not make any investment decision based on this report.Credit/Event Risk: Investments are subject to event risk and changes in credit quality of the issuer. Issuers canexperience economic situations that may have adverse effects on the market value of their securities.Interest Rate Risk: Bonds are subject to market value fluctuations as interest rates rise and fall. If sold prior tomaturity, the price received for an issue may be less than the original purchase price.Reinvestment Risk: Since most corporate issues pay interest semiannually, the coupon payments over the lifeof the bond can have a major impact on the bond's total return.Call Provisions: When evaluating the purchase of a corporate bond, one should be aware of any features thatmay allow the issuer to call the security. This is particularly important when considering an issue that is trading ata premium to its call price, since the return may be negatively impacted if the issue is redeemed. Should an issuebe called, investors may be faced with an earlier than anticipated reinvestment decision, and may be unable toreinvest their principal at equally favorable rates.Effective Maturity: Effective maturity is the expected redemption due to pre-refunding, puts, or maturity anddoes not reflect any sinking fund activity, optional or extraordinary calls. Securities without a maturity date areleft blank and typically include Preferred Securities, Mutual Funds and Fixed Income UITs.Yields: Yield to Maturity and Yield to Worst are calculated to the worst call.Accrued Interest: Interest that has accumulated between the most recent payment and the report date may bereflected in market values for interest bearing securities.Bond Averages: All averages are weighted averages calculated based on market value of the holding, notincluding accrued interest.Tax Status: "Taxable" includes all securities held in a taxable account that are subject to federal and/or state or Report created on: April 01, 2024 Page 76 of 78
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Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) local taxation. "Tax-exempt" includes all securities held in a taxable account that are exempt from federal, stateand local taxation. "Tax-deferred" includes all securities held in a tax-deferred account, regardless of the statusof the security.Bond sensitivity analysis: This analysis uses Modified Duration which approximates the percentage pricechange of a security for a given change in yield. The higher the modified duration of a security, the higher itsrisk.Â For callable securities, modified duration does not address the impact of changing interest rates on abond's expected cash flow as a result of a call or prepayment.Amortization and Accretion: Prior to March 2008, amortization was calculated using the straight line methodfor tax exempt securities and was not calculated for taxable securities. Post March 2008, amortization iscalculated using the constant yield method. Prior to October 2008, accretion due to original issue discount wasnot calculated. Post October 2008, accretion due to original issue discount is calculated using the constant yieldmethod. Â Prior to January 2015, accretion due to market discount was calculated using the straight linemethod. Post January 2015, accretion due to market discount is calculated using the constant yield method.Â We assume the securities are held to par and premiums are calculated to call date. Amortization and accretionvalues may be incorrect due to adjustments related to cost basis. You may hold additional fixed income securitiesthat may not appear on this report. Please refer to your account statements for information regarding all of yourholdings.Gain/Loss: The gain/loss information may include calculations based upon non-UBS FS cost basis information.The Firm does not independently verify or guarantee the accuracy or validity of any information provided bysources other than UBS FS. In addition, if this report contains positions with unavailable cost basis, the gain/(loss)for these positions are excluded in the calculation for the Gain/(Loss). As a result these figures may not beaccurate and are provided for informational purposes only. Clients should not rely on this information in makingpurchase or sell decisions, for tax purposes or otherwise. Rely only on year-end tax forms when preparing yourtax return. See your monthly statement for additional information.Accounts Included in this Report: The account listing may or may not include all of your accounts with UBSFS. The accounts included in this report are listed under the "Accounts included in this review" shown on thefirst page or listed at the top of each page. If the account is a donor advised fund account, the assets in thoseaccounts are owned by the Sponsoring Charitable Organization, and not the donor. You and your financialadvisor have procured the appropriate authorization to view the assets in the donor advised fund account. If anaccount number begins with "@" this denotes assets or liabilities held at other financial institutions. Informationabout these assets, including valuation, account type and cost basis, is based on the information you provided tous, or provided to us by third party data aggregators or custodians at your direction. We have not verified, andare not responsible for, the accuracy or completeness of this information.Account name(s) displayed in this report and labels used for groupings of accounts can be customizable"nicknames" chosen by you to assist you with your recordkeeping or may have been included by your financialadvisor for reference purposes only. The names used have no legal effect, are not intended to reflect anystrategy, product, recommendation, investment objective or risk profile associated with your accounts or anygroup of accounts, and are not a promise or guarantee that wealth, or any financial results, can or will beachieved. All investments involve the risk of loss, including the risk of loss of the entire investment.For more information about account or group names, or to make changes, contact your Financial Advisor.

Account changes: At UBS, we are committed to helping you work toward your financial goals. So that we maycontinue providing you with financial advice that is consistent with your investment objectives, please considerthe following two questions:1) Have there been any changes to your financial situation or investment objectives?2) Would you like to implement or modify any restrictions regarding the management of your account?If the answer to either question is "yes," it is important that you contact your Financial Advisor as soon aspossible to discuss these changes. For MAC advisory accounts, please contact your investment manager directlyif you would like to impose or change any investment restrictions on your account.ADV disclosure: A complimentary copy of our current Form ADV Disclosure Brochure that describes theadvisory program and related fees is available through your Financial Advisor. Please contact your FinancialAdvisor if you have any questions.Important information for former Piper Jaffray and McDonald Investments clients: As anaccommodation to former Piper Jaffray and McDonald Investments clients, these reports include performancehistory for their Piper Jaffray accounts prior to August 12, 2006 and McDonald Investments accounts prior toFebruary 9, 2007, the date the respective accounts were converted to UBS FS. UBS FS has not independentlyverified this information nor do we make any representations or warranties as to the accuracy or completenessof that information and will not be liable to you if any such information is unavailable, delayed or inaccurate.For insurance, annuities, and 529 Plans, UBS FS relies on information obtained from third party services itbelieves to be reliable. UBS FS does not independently verify or guarantee the accuracy or validity of anyinformation provided by third parties. Information for insurance, annuities, and 529 Plans that has been providedby a third party service may not reflect the quantity and market value as of the previous business day. Whenavailable, an "as of" date is included in the description.Investors outside the U.S. are subject to securities and tax regulations within their applicable jurisdiction that arenot addressed in this report. Nothing in this report shall be construed to be a solicitation to buy or offer to sellany security, product or service to any non-U.S. investor, nor shall any such security, product or service besolicited, offered or sold in any jurisdiction where such activity would be contrary to the securities laws or otherlocal laws and regulations or would subject UBS to any registration requirement within such jurisdiction.Performance History prior to the account's inception at UBS Financial Services, Inc. may have been included inthis report and is based on data provided by third party sources. UBS Financial Services Inc. has notindependently verified this information nor does UBS Financial Services Inc. guarantee the accuracy or validity ofthe information.Important information about brokerage and advisory services. As a firm providing wealth managementservices to clients, UBS Financial Services Inc. offers investment advisory services in its capacity as an SECregistered investment adviser and brokerage services in its capacity as an SEC-registered broker-dealer.Investment advisory services and brokerage services are separate and distinct, differ in material ways and aregoverned by different laws and separate arrangements. It is important that clients understand the ways in whichwe conduct business, that they carefully read the agreements and disclosures that we provide to them about theproducts or services we offer. For more information, please review client relationship summary provided at ubs.com/relationshipsummary. UBS Financial Services account protectionThe Firm is a member of the Securities Investor Protection Corporation (SIPC), which protects securities Report created on: April 01, 2024 Page 77 of 78
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Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochureavailable upon request or at www.sipc.org. The SIPC asset protection limits apply to all accounts that you hold ina particular capacity.The Firm, together with certain affiliates, has also purchased supplemental insurance. The maximum amountpayable to all eligible clients, collectively under this protection is $500 million as of December 10, 2019. Subjectto the policy conditions and limitations, cash at the Firm is further protected for up to $1.9 million in theaggregate for all your accounts held in a particular capacity. A full copy of the policy wording is available uponrequest.Neither the SIPC protection nor the supplemental protection apply to:
• Certain financial assets controlled by (and included in your account value) but held away from UBS Financial Services. For example certain (i) insurance products, including variable annuities,and (ii) shares of mutual funds registered in the name of the account holder on the books ofthe issuer or transfer agent); • Investment contracts or investment interests (e.g., limited partnerships and private placements) that are not registered under the Securities Act of 1933; • Commodities contracts (e.g., foreign exchange and precious metal contracts), including futures contracts and commodity option contracts;
• Securities on loan to UBS Financial Services; and• Deposit accounts (except certificates of deposit) at UBS Bank USA, UBS AG U.S. branches and banks in the FDIC Insured Deposit Program.

The SIPC protection and the supplemental protection do not apply to these assets even if they otherwise appearon your statements. The SIPC protection and the supplemental protection do not protect against changes in themarket value of your investments (whether as a result of market movement, issuer bankruptcy or otherwise).Non-UBS Assets and Liabilities: This report is not intended to provide you with consolidated information orreporting regarding your holdings at other firms. However, at your request, this report may include informationregarding assets that you hold at other financial institutions so that you may review your asset allocation and/orinvestment strategy in the context of your overall holdings. You should review and maintain the originaldocuments for these assets, such as the statements for individual accounts held away from UBS. Thosedocuments may contain notices, disclosures and other information important to you, and may also serve as areference should questions arise regarding the accuracy of that information as presented in this report.The information presented for accounts held at other financial institutions has been provided to UBS at yourdirection through your agreement with an Outside Asset Data Aggregation Service. These accounts have beenadded to this report at your request and are automatically updated to reflect the most recent data received fromthe custodian. Information may have also been provided based on documents and valuation you provided toyour Financial Advisor. These accounts have been added to this report at your request and may not reflect thecurrent valuation.If an account number begins with "@" this denotes assets or liabilities held at other financial institutions.Information about these assets, including valuation, account type and cost basis, is based on the information youprovided to us, or provided to us by third party data aggregators or custodians at your direction. We have notverified, and are not responsible for, the accuracy or completeness of this information.

If the information you or your custodians provided to us is not current, inclusion of these assets will impact theaccuracy of the current asset allocation and other analysis presented. We do not provide purchase, sale or holdrecommendations or advice with respect to your assets at other firms and do not assume responsibility foractivity you conduct at other financial institutions.UBS’s SIPC coverage applies to assets held at UBS. If you maintain assets at other firms that may be SIPCmembers, you should contact their financial representative or the other entity or refer to the other entitysstatement regarding SIPC membership. Your UBS Financial Services Inc. account statements are the only officialrecord of your UBS holdings and account and are not replaced, amended or superseded by any of theinformation presented in this report.Assets that you hold at other financial institutions are priced using the closing price reported on the last businessday preceding the date of this report. Every reasonable attempt has been made to accurately price securities;however, we make no warranty with respect to any security’s price. To determine the value of securities in youraccount, we generally rely on third party quotation services. If a price is unavailable or believed to be unreliable,we may determine the price in good faith and may use other sources such as the last recorded transaction.When securities are held at another custodian or if you hold illiquid or restricted securities for which there is nopublished price, we will generally rely on the value provided by the custodian or issuer of that security.The value of assets held at other financial institutions is based on the "Last Refresh Date" displayed. Up todate valuation and information can be obtained directly from the custodian of your assets. The accountstatements you receive from your third party custodian regarding the assets you hold with them are the officialrecord of your holdings and accounts and are not impacted or superseded by the information in this report.Account balances and security pricing will always display in U.S. Dollars even if assets in your Outside Accountsare denominated in other currencies. UBS will convert any values received in the Outside Account Information toU.S. Dollars using foreign exchange rates from UBS as of the previous business.

Report created on: April 01, 2024 Page 78 of 78
Item #8. Page 81
Meeting Date: 4/23/2024 / Packet Page #: 367

STAFF REPORT
TO: MAYOR AND COUNCIL MEMBERS DATE: APRIL 23, 2024
FROM: RECREATION AND HUMAN SERVICES DISTRICT(S): 5
SUBJECT: ACCEPT AND APPROVE THE NOTICE OF COMPLETION FOR LOUIE POMPEI

MEMORIAL SPORTS PARK SHADE STRUCTURE INSTALLATION PROJECT

RECOMMENDATION
That the City Council:

1. Accept and Approve the Notice of Completion for the Louie Pompei Memorial Sports Park Shade Structure Installation Project by Ortco, Inc.; and

2. Authorize the Mayor to sign the Notice of Completion for recordation.

STRATEGIC FOCUS AREAS
 Goal 5: Improve and Maintain the City’s Infrastructure and Facilities (IMCIF)

EXECUTIVE SUMMARY
The Los Angeles County Regional Park and Open Space District (RPOSD) Measure A Annual Allocation Grant Program allocates funds to identified public agencies on an annual basis. Funds can be spent the year they are allocated, or they can be saved for up to five years. The City saved the funds over five years accumulating enough to install shades structures over the seating areas at Louie Pompei Memorial Sports Park. Construction for this project lasted approximately eight weeks, with installation finishing at the end of March.

LEGISLATIVE HISTORY / PREVIOUS ACTIONS
On March 28, 2023, the City Council adopted a resolution authorizing the application for Measure A Annual Allocation Grant funding from the LA County Regional Park and Open Space District to install shade structures at Louie Pompei Memorial Sports Park. Staff subsequently submitted the application materials to LA County in April 2023,.

In June 2023, RPOSD approved and awarded annual allocation grant funding to the City in the amount of $858,118.

On July 11, 2023, City Council approved the purchase of Shade Systems Structures from Miracle Playground Sales in the amount of $448,608 to cover the 6 seating areas at Louie Pompei Memorial Sports Park.

On January 9, 2024, City Council approved an agreement with Ortco, Inc. For the installation of shade structures at Louie Pompei Memorial Sports Park in the amount of $477,700.

DISCUSSION
The Louie Pompei Shade Structure Project was included with the Adopted FY 2023-2025 Two-Year Budget. The City received Measure A Annual Allocation Funds in the amount of $858,118 and provided Item #9. Page 1
Meeting Date: 4/23/2024 / Packet Page #: 368
Staff Report Page 2 of 4
the required match of $114,870 using the Capital Project Fund 301 to complete the capital improvement project that would benefit the community park. Staff selected to install shade structures over the seating areas at Louie Pompei Memorial Sports Park after many years of requests from park goers. The original purchase of the shade structures occurred in July 2023 and February 2024. The construction to install the shade structures began in early February 2024 and was completed in late March 2024.

Louie Pompei Memorial Sports Park is now officially open to the public and available for everyone's enjoyment.

Item #9. Page 2
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Staff Report Page 3 of 4

FISCAL IMPACT
City Council approved the purchase of the shade structures in the amount of $448,608 to cover the six seating areas at Louie Pompei Memorial Sports Park and later awarded a contract to Ortco Inc for the installation of the structures in the amount of $477,700 with a 5% contingency of $23,885 for a total contract of $501,585. Other ancillary costs were incurred and addressed with the City’s purchasing policies. The project budget and expenses are detailed below.

Funding Source Account No. Description Amount
Measure A (Fund 240) 24000990.70000 Louie Pompei Shade Structure Installation
$858,118
Capital Projects Fund (Fund
301)
30100990.70000 Louie Pompei Shade Structure
Installation
$114,870
Total Project Funding $972,988
Expenditure Vendor Amount
Total Installation Cost Ortco Inc. $480,642
Shade Structure Purchase Miracle Playground Sales $448,608 Tree Removal West Coast Arborists $7,280
Concrete Fill Tree Wells Double D Concrete $7,280
RPOSD Signage R&R Custom Signs $634
Notice of Exemption Los Angeles County $75
Total Project Cost $944,519
Remaining Budget $28,469
The remaining funds will be returned to the appropriate fund balance for use on future projects.

Item #9. Page 3
Meeting Date: 4/23/2024 / Packet Page #: 370
Staff Report Page 4 of 4

ENVIRONMENTAL DETERMINATION
The City of Glendora, as lead agency, is responsible for preparing documentation in accordance with CEQA. A Notice of Exemption (NOE) was approved by City Council on July 11, 2023, and filed on July 18, 2023.

Prepared By Kelsey Fay, Management Analyst
Concurs With Not Applicable
Reviewed By John Aguirre, Recreation and Human Services Director Certified to Availability of Funds Kyle Johnson, Finance Director/City Treasurer Approved By Adam Raymond, City Manager
Legal Review Danny Aleshire, City Attorney
CEQA Review Not Applicable
ATTACHMENTS:

A. Notice of Completion – Ortco, Inc.

Item #9. Page 4
Meeting Date: 4/23/2024 / Packet Page #: 371
Rev. 08/2018
RECORDING REQUESTED BY:

CITY OF GLENDORA
WHEN RECORDED MAIL TO THIS ADDRESS:

CITY CLERK

CITY OF GLENDORA
116 E. Foothill Boulevard
Glendora, CA 91741

SPACE ABOVE THIS LINE RESERVED FOR RECORDER'S USE

NOTICE OF COMPLETION
NOTICE IS HEREBY GIVEN THAT:

1. The undersigned is OWNER or AGENT of the OWNER of the interest or estate stated below in the property hereinafter described.

2. The full name of the OWNER is: CITY OF GLENDORA

3. The full address of the OWNER is: 116 E. Foothill Boulevard, Glendora, CA 91786

4. The nature of the interest or estate of the undersigned is: (i.e., In Fee.) Fee Interest.

5. A work of improvement on the property hereinafter described was COMPLETED on March 29, 2024

6. The work of improvement completed is described as follows:

Louie Pompei Memorial Sports Park Shade Structure Installation Project

7. The name of the original contractor, if any, for such work of improvement is: Ortco, Inc.

8. The street address of said property is: 1100 S Valley Center Ave. Glendora, CA 91740

9. The property on which said work of improvement was completed is in the City of GLENDORA, County of LOS ANGELES, State of CALIFORNIA, and is described as follows:

The scope of this project consisted of installing shade structures over 6 seating areas at Louie Pompei Memorial Sports Park.

CITY OF GLENDORA
Date: April 23, 2024
(Date) Signature of Owner or agent: MENDELL THOMPSON, Mayor

VERIFICATION
I, the undersigned, declare under penalty of perjury under the laws of the State of California, that I am the Mayor of the City of Glendora of the aforesaid interest or estate in the property described in the above Notice, that I have read the said Notice, that I know and understand the contents thereof, and that the facts stated therein are true and correct.

April 23, 2024 at Glendora, California

MENDELL THOMPSON
Item #9. Page 5
Meeting Date: 4/23/2024 / Packet Page #: 372

STAFF REPORT
TO: MAYOR AND COUNCIL MEMBERS DATE: APRIL 23, 2024
FROM: CITY MANAGER DISTRICT(S): CITYWIDE
SUBJECT: DISCUSSION ON PUBLIC SAFETY LEGISLATIVE AND INITIATIVE PROPOSALS UNDER

CONSIDERATION (REQUESTED BY BOYER, SECONDED BY ALLAWOS)

RECOMMENDATION
That the City Council:

1. Receive this report on the various public safety related legislative and initiative proposals currently under consideration; and

2. Provide City staff with direction accordingly.

STRATEGIC FOCUS AREAS
 Not Applicable

EXECUTIVE SUMMARY
In response to public safety concerns throughout the State, several legislative and initiative efforts have been proposed to address the impact of public safety reforms approved in years past, notably Proposition 47 in 2014. Recently, legislative leaders announced a retail theft package consisting of seven bills intended to strengthen public safety, protect shoppers and businesses, and improve quality of life throughout the State. While none of the seven bills presented propose to amend Proposition 47, an initiative has been launched – The Homelessness, Drug Addiction, and Theft Reduction Act – that does just that.

Sponsored by the Californians for Safer Communities Coalition, the initiative proposes targeted reforms to Proposition 47 to address its unintended consequences. It would focus on organized and serial retail theft, define fentanyl as a hard drug in order to stiffen penalties related to its possession and trafficking, and create a new class of crime that would incentivize participation in drug and mental health treatment in lieu of incarceration. This initiative is currently in the process to qualify for the 2024 November General Election. To qualify, proponents must collect 546,651 valid signatures. The initiative had collected 25% of the signatures needed by January 24, 2024 (a milestone in the initiative process); proponents of the measure are required to submit all required signatures by April 23, 2024.

LEGISLATIVE HISTORY / PREVIOUS ACTIONS
In November 2014, voters approved Proposition 47, which reduced penalties for certain drug and theftrelated crimes. For example, prior to Proposition 47, possession of illegal drugs for personal use and shoplifting (stealing property worth $950 or less from a commercial establishment) could be punished as felonies. Under Proposition 47, these crimes are generally punished as misdemeanors. Because Proposition 47 reduced the number of crimes that can be punished as felonies, it reduced the number of people that could be sentenced to state prison. Proposition 47 requires that the estimated annual savings to the state resulting from the proposition’s sentencing changes be spent on mental health and substance use services, truancy and dropout prevention, and victim services. Last year, the estimated state savings totaled approximately $113 million.

Item #10. Page 1
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Staff Report Page 2 of 4

DISCUSSION
Public Safety Legislative Proposals
In response to public safety concerns throughout the State, several legislative and initiative efforts have been proposed to address the impact of public safety reforms approved in years past, notably Proposition 47 in 2014. Recently, legislative leaders announced a retail theft package consisting of seven bills intended to strengthen public safety, protect shoppers and businesses, and improve quality of life throughout the State. The package includes the following seven bills:
 Assembly Bill (AB) 2943 (Zbur and Rivas): This bill would create a new crime of “serial retail theft” to allow police to arrest shoplifters without witnessing the crime, and define how multiple acts of theft with multiple victims can be aggregated into a felony charge of grand theft.  AB 1794 (McCarty): This bill would allow prosecutors to aggregate multiple thefts with several victims or in several locations.
 AB 1779 (Irwin): This bill would allow prosecutors to file charges for offenses committed in different counties.
 AB 1972 (Alanis): This bill would address cargo theft, empowering the Regional Property Crimes Task Force (California Highway Patrol and Department of Justice) to assist railroad police.  AB 3209 (Berman): This bill would create a retail theft crime restraining order for convicted offenders.
 AB 1960 (Soria): This bill would impose stiffer penalties for property loss or damage that occurred during a felony.
 AB 1802 (Jones-Sawyer): This bill would eliminate the sunset date for the crime of organized retail theft that was enacted in 2017.

The Speaker of the Assembly indicated that any bills proposing to amend Proposition 47 are not expected to advance through the Assembly this year.

The Homelessness, Drug Addiction, and Theft Reduction Act The Californians for Safer Communities Coalition is sponsored by Golden State Communities, an organization with the mission to “build safe and vibrant communities by supporting data-driven public policy.”
The proposed initiative would amend state law to accomplish three general goals:

1. Create a new court process for certain drug possession crimes: Under current law, the possession for personal use of illegal drugs is generally a misdemeanor. The proposed initiative classifies possession of illegal drugs in certain cases as “treatment-mandated felonies” with specific requirements on how these cases are handled in the criminal justice system. Specifically, people with two or more prior convictions for various drug crimes (such as drug possession or distribution) who are found to be in possession of certain drugs (such as fentanyl, heroin, cocaine, or methamphetamine) could be charged with a treatment-mandated felony, rather than a misdemeanor. After agreeing to not contest the charges against them, individuals would generally be referred to treatment based on an evaluation of their substance use and mental health treatment needs. Those who successfully complete treatment would have their charges dismissed. Those who Item #10. Page 2
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Staff Report Page 3 of 4
are not successful in treatment could ultimately be required to serve up to three years in state prison.

2. Increase penalties for certain drug crimes: The measure increases penalties for certain drug crimes by increasing sentence lengths and/or shifting the sentence from the county level to state prison.

For example, under current law, possession of certain drugs (such as cocaine, heroin, and methamphetamine) for personal use while being armed with a loaded firearm is a felony punishable by up to four years in prison. The measure adds fentanyl to the set of drugs to which this felony applies, thereby increasing the sentences for people convicted of this crime for fentanyl from up to one year in jail in most cases to up to four years in prison.

In addition, under current law, people who sell large quantities of certain drugs (such as cocaine, heroin, and methamphetamine) can receive sentence enhancements based on the weight of drugs sold. For example, someone who sells more than four but less than ten kilograms of cocaine can receive an enhancement of an additional five years at the county level or in state prison, depending on criminal history. Longer enhancement terms can be added for people who sell higher weights of cocaine. The measure requires that people who receive these enhancements serve their entire sentence in prison, regardless of their criminal history.

3. Increase penalties for certain theft crimes: The measure increases penalties for certain theft crimes primarily by allowing misdemeanor theft crimes to be charged as felonies in certain cases and creating enhancements for certain felony theft crimes. For example, the measure changes state law to make theft of money or property worth $950 or less punishable as a felony for people who have two or more prior convictions for certain theft-related crimes (such as shoplifting, burglary, or carjacking). Under the measure, such people could receive sentences of up to three years in jail or prison depending on their criminal history rather than up to six months in jail as is generally the case under current law. In addition, the measure creates sentence enhancements for people convicted of felonies in which the amount of property that was stolen or damaged is over $50,000, with longer enhancement terms as the dollar amounts increase. For example, if the affected property is worth more than $50,000 but not more than $200,000, a year would be added to the person’s sentence. If the property is worth more than $200,000 but not more than $1,000,000, then two years would be added.

This measure would create a fiscal impact on state and local (county) governments. The size of these effects would depend on several key factors. In particular, the fiscal effects would depend on how certain provisions in the measure are implemented.

The measure would increase the state prison population in two primary ways. First, the measure would require some people who currently serve their sentences at the county level to instead serve their sentences in prison. Second, some people who currently serve their sentences in prison would receive longer prison sentences under the measure. The measure would also increase the state parole population to the extent it causes people who, under current law, receive convictions for nonserious, nonviolent felonies – such as drug distribution – to instead receive convictions for violent felonies, such as murder.

The Legislative Analyst’s Office estimates that the measure could increase the prison and parole population by thousands of people, resulting in increased state costs that could reach the hundreds of millions of dollars annually.

The measure would have various effects on the number of people in county jail and under county community supervision. As discussed above, components of the measure that would require people to serve their sentences in state prison instead of at the county level would reduce the number of people in jail and under county community supervision. However, other components of the measure – such as those that would allow certain lower-level theft crimes to be punished as felonies rather than misdemeanors – would cause people to spend a longer time in jail and/or under county community supervision than they otherwise would. In addition, because the measure would increase the number of people sentenced to prison, it would also increase the number of people released from prison to community supervision. The Legislative Analyst’s Office estimates that the county jail and supervision population could increase by Item #10. Page 3
Meeting Date: 4/23/2024 / Packet Page #: 375
Staff Report Page 4 of 4
thousands of people annually; counties would experience increased costs from the growth in the county correctional population, partially offset by the decrease in costs from people being shifted from the county level to state prison, would result in costs in the low tens of millions annually.

FISCAL IMPACT
There is no fiscal impact to the City associated with preparation of this report.

ENVIRONMENTAL DETERMINATION
There is no CEQA impact associated with the recommendation in this report.

Prepared By Moises Alvarez Lopez, Assistant City Manager Concurs With Not Applicable
Reviewed By Adam Raymond, City Manager
Certified to Availability of Funds Kyle Johnson, Finance Director/City Treasurer Approved By Adam Raymond, City Manager
Legal Review Danny Aleshire, City Attorney
CEQA Review Not Applicable
ATTACHMENTS:

A. Homelessness, Drug Addiction, and Theft Reduction Act (Initiative 23-0017A1) B. Assembly Bill 2943 (Zbur and Rivas)
C. Assembly Bill 1794 (McCarty)
D. Assembly Bill 1779 (Irwin)
E. Assembly Bill 1972 (Alanis)
F. Assembly Bill 3209 (Berman)
G. Assembly Bill 1960 (Soria)
H. Assembly Bill 1802 (Jones-Sawyer)
Item #10. Page 4
Meeting Date: 4/23/2024 / Packet Page #: 376

BELL, MCANDREWS & HILTACHK, LLP

ATTORNEYS AND COUNSELORS AT LAW
45S CAPITOL MALL, SUITE 600
SACRAMENTO, CALIFORNIA 9S814
Anabel Renteria
Initiative Coordinator
Office of the Attorney General
State of California
PO Box 994255
Sacramento, CA 94244-25550
(916) 442-77S7
FAX (916) 442-77S9
www.bmhlaw.com
September 22, 2023
Re: Initiative 23-0017 -Amendment Number One
Dear Initiative Coordinator:

Pursuant to subdivision (b) of Section 9002 of the Elections Code, enclosed please find Amendment #1 to Initiative No. 23-0017, The Homelessness, Drug Addiction, and Theft Reduction Act. The amendments are reasonably germane to the theme, purpose or subject of the initiative measure as originally proposed.

I am the proponent of the measure and request that the Attorney General prepare a circulating title and summary of the measure as provided by law, using the amended language.

Thank you for your time and attention processing my request.

Sincerely,
Thomas
~ W. Hiltachk
23-0017 A1
Item #10. Page 5
Meeting Date: 4/23/2024 / Packet Page #: 377

THE HOMELESSNESS, DRUG ADDICTION, AND THEFT REDUCTION ACT SECTION 1. Title
This Act shall be known as The Homelessness, Drug Addiction, and Theft Reduction Act.

SECTION 2. Purposes and Intent
This measure will reform laws that have dramatically increased homelessness, drug addiction, and theft throughout California.

This measure will:

A. Provide drug and mental health treatment for people who are addicted to hard drugs such as fentanyl, cocaine, heroin, and methamphetamine.

B. Add fentanyl to existing laws that prohibit the possession of hard drugs while armed with a loaded firearm.

C. Add fentanyl to existing laws that prohibit the trafficking of large quantities of hard drugs.

D. Permit judges to use their discretion to _sentence drug dealers to state prison instead of county jail when they are convicted of trafficking hard drugs in large quantities or are armed with a firearm while engaging in drug trafficking.

E. W am convicted hard drug dealers and manufacturers that they can be charged with murder if they continue to traffic in hard drugs and someone dies as a result.

F. Reinstate penalties for hard drug dealers whose trafficking kills or seriously injures a drug user.

G. Increase penalties for people who repeatedly engage in theft.

H. Add new laws to address the increasing problem of "smash and grab" thefts that result in significant losses and damage, or that are committed by multiple thieves working together.
1 23-0017 A1Item #10. Page 6
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SECTION 3. Findings and Declarations
The People of the State of California find and declare as follows:

A. Reducing Homelessness Through Drug and Mental Health Treatment

1. California has reached a tipping point in its homelessness, drug, mental health, and theft crises. Our state has the highest rate of_homelessness per capita of any state in the. country. And drug overdoses now kill two to three times the number of people in California as car accidents.

2. Since the passage of Proposition 4 7 in 2014, homelessness in California has increased by 51 %, while during the same time period in the rest of the country, it has declined by 11 %. Proposition 4 7 reduced the legal consequences of both possession of hard drugs (fentanyl, cocaine, heroin, methamphetamine, and phencyclidine), and theft. The result has been massive increases in drug addiction, mental illness, and property crimes, including retail theft, committed by addicts to support their addiction. At the same time, California has seen a dramatic decrease in mental health and drug treatment for homeless people due to reduced incentives to participate in treatment. Our homelessness problem is directly connected to these unintended consequences of Proposition 4 7, which the voters now desire to correct.

3. Progressive states such as New Jersey, Maryland, Illinois, and Michigan have significantly stronger hard drug laws than California, and their homeless rate is 4 to 5 times lower than California's.

4. This proposal takes a modest step in the direction of these states by enacting a new class of crime called a "treatment-mandated felony." Under this new "treatmentmandated felony," prosecutors would have the discretion to charge a felony for hard drug possession after two previous drug convictions. If charged with this "treatment-mandated felony" for a third or subsequent drug offense, the offender would be given the option of participating in drug and mental health treatment. If the offender successfully completes drug and mental health treatment, the charge would be fully expunged, and the offender would receive no jail time. If the offender refuses drug and mental health treatment, they would serve jail time for hard drug possession. For a second conviction of the treatmentmandated felony (the 4th total conviction for hard drug possession), a judge would have the option of imposing time in jail or state prison. Along with hard drug and mental health treatment, offenders charged with a treatment-mandated felony would be offered shelter, job training, and other services designed to break the cycle of addiction and homelessness.

B. Cracking Down on Hard Drug Dealers

1. Fentanyl is the most dangerous drug that our nation has ever seen. Because it is largely produced synthetically, fentanyl is typically cheaper than other hard drugs. As a result, drug dealers now regularly include fentanyl in other drugs such as diet, anxiety, and 2 Item #10. Page 7
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sleeping pills, cocaine, and heroin. Further, fentanyl is up to 50 times stronger than heroin. Therefore, a very tiny amount offentanyl can prove deadly. One kilogram (2.2 pounds) of fentanyl provides enough of the drug to manufacture four to ten million doses, or enough to kill 500,000 people. Finally, because such a small amount of fentanyl is necessary to create addiction, it is easier to smuggle across the border in smaller, yet much more deadly quantities.

2. This Act would authorize greater consequences for hard drug dealers whose trafficking kills or seriously injures a person who uses those drugs, and it would provide a mechanism to warn convicted hard drug dealers and manufacturers that they can be charged with murder if they continue to traffic in hard drugs and someone dies as a result.

3. This Act would add non-prescription fentanyl to an existing list of hard drugs such as heroin, cocaine, and methamphetamine, for which it is illegal to possess the drug while armed with a loaded firearm.

4. This Act would also add non-prescription fentanyl to an existing list of hard drugs such as heroin, cocaine, and methamphetamine that authorizes greater consequences for drug dealers who sell large quantities of hard drugs.

5. This Act also permits judges to sentence drug dealers who traffic in large quantities of hard drugs or who are armed with a firearm while trafficking in hard drugs to state prison instead of local county jails. Only our state prisons are equipped to manage security for hardened drug dealers and to provide them the rehabilitation services they need to safely re-enter society.

C. Accountability for Repeat Theft and Smash and Grab Thefts

1. Prior to Proposition 4 7, individuals who repeatedly engaged in theft could be charged with a felony. Prop 4 7 eliminated this repeat offender felony and instead provided that any theft up to $950 in value is now a misdemeanor - regardless of how many times the offender has committed theft. In practice, this means that an offender who repeatedly steals up to $950 in value faces virtually no legal consequences.

2. The result has been an explosion in retail and cargo theft causing stores throughout California to close to protect employees and customers from criminal activity that disrupts the efficient delivery of products directly to consumers and creates billions of dollars in economic losses to our local communities and state. This rapid increase in retail and cargo theft has also contributed to rising inflation, as businesses have been forced to raise prices to account for their economic losses. This retail and cargo theft explosion has collided with the fentany 1 epidemic, as hard drug users have engaged in brazen theft to support their drug habits, knowing that there will be no consequences for either their theft or their hard drug use.

3. Under this Act, an offender with two prior convictions for theft can be charged with a felony, regardless of the value of the stolen property. Diversion programs will continue to 3 Item #10. Page 8
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exist, meaning that judges will retain discretion not to incarcerate an off ender even for more than two theft convictions. But prosecutors will have the ability to bring felony charges against hardened, repeat offenders who continue to engage in theft. Judges will have the discretion to sentence a repeat offender to jail in appropriate cases, or to state prison if an off ender is convicted four or more times of theft.

4. This Act also authorizes judges to exercise their discretion to impose an enhanced penalty when an offender steals, damages, or destroys property by acting together with two or more offenders or by causing losses of $50,000 or more. By permitting discretion in these scenarios, judges will be able to fashion sentences that are appropriate for the crime committed, including so-called "smash and grabs" committed by mobs or large groups of people working together.

5. The value of property stolen in multiple thefts will be permitted to be added together so that in appropriate cases an offender may be charged with felony theft instead of petty theft. This provision addresses the problem of offenders who commit a series of thefts in which the property stolen during each theft has a value under the $950 felony theft threshold, in order to insulate themselves from felony charges.

6. Along with the hard drug provisions in this Act, these theft law changes will stop the vicious cycle of hard drug users stealing to support their habits without legal consequences for their actions.

SECTION 4. Section 11369 is added to the Health & Safety Code to read:
11369. (a) This section shall be known, and may be cited, as Alexandra's Law. (b) The court shall advise a person who is convicted of, or who pleads guilty or no contest to, a violation of Section 11351, 11351.5, 11352, 11378, 11378.5, 11379, 11379.5, or 11379.6 involving a hard drug, of the following:
"You are hereby advised that it is extremely dangerous and deadly to human life to illicitly manufacture, distribute, sell, furnish, administer, or give away any drugs in any form, including real or counterfeit drugs or pills. You can kill someone by engaging in such conduct. All drugs and counterfeit pills are dangerous to human life. These substances alone, or mixed, kill human beings in ve1y small doses. If you illicitly manufacture, distribute, sell, furnish administer, or give away any real or counterfeit drugs or pills, and that conduct results in the death of a human being, you could be charged with homicide, up to and including the crime of murder, within the meaning of Section 187 of the Penal Code. "
(c) The advisory statement shall be provided to the defendant in writing, either on a plea form if used, as an addendum to a plea form, or at sentencing, and the fact that the advisory was given shall be specified on the record and recorded in the abstract of the conviction. 4 Item #10. Page 9
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(d) (1) Except as provided in paragraph (2), as used in this section, "hard drug" means a substance listed in Sections 11054 or 11055, including a substance containingfentanyl; heroin, cocaine, cocaine base, methamphetamine, or phencyclidine, and the analogs of any of these substances as defined in Sections 11400 and 11401.
(2) As used in this section "hard drug'' does not include cannabis, cannabis products, peyote, lysergic acid diethylamide (LSD) or other psychedelic drugs such as mescaline and psilocybin (mushrooms), or any other substance listed in subdivisions (d) and (e) of Section 11054, or, with the exception of methamphetamine, any other substance listed in subdivision (d) of Section 11055.

SECTION 5. Section 11370.1 of the Health & Safety Code is amended to read:
11370.1. (a) Notwithstanding Section 11350 or 11377 or any other provision oflaw, every person who unlawfully possesses any amount of a substance containing cocaine base, a substance containing cocaine, a substance containing heroin, a substance containing methamphetamine, a substance containing fentanyl, a crystalline substance containing phencyclidine, a liquid substance containing phencyclidine, plant material containing phencyclidine, or a hand-rolled cigarette treated with phencyclidine while armed with a loaded, operable firearm is guilty of a felony punishable by imprisonment in the state prison for two, three, or four years.
(k) Subdivision {a) does not apply to any person lawfully possessing fentanyl, including with a valid prescription.
1£1 As used in this-subdivision {gJ_,_ "armed with" means having available for immediate offensive or defensive use.
-fat-( d) Any person who is convicted under this section shall be ineligible for diversion or deferred entry of judgment under Chapter 2.5 ( commencing with Section 1000) of Title 6 of Part 2 of the Penal Code.

SECTION 6. Section 11370.4 of the Health & Safety Code is amended to read:
11370.4. (a)--Afly- {1JA person convicted of a violation of, or of a conspiracy to violate, Section 11351, 11351.5, or 11352 with respect to a substance containing heroin, cocaine base as specified in paragraph (1) of subdivision (f) of Section 11054, or cocaine as specified in paragraph (6) of subdivision (b) of Section 11055 shall receive an additional state prison term as follows:
(l)\l/here
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{A,lJfthe substance exceeds one kilogram by weight, the person shall receive an additional term of three years.
(2)Vlhere
(ll)_Jfthe substance exceeds four kilograms by weight, the person shall receive an additional term of five years.
(3)\Vhere
{{;l]f.the substance exceeds 10 kilograms by weight, the person shall receive an additional term of 10 years.
(4)'Nhere
{l2)_Jfthe substance exceeds 20 kilograms by weight, the person shall receive an additional term of 15 years.
(5)\Vhere
(Jj;)_Jfthe substance exceeds 40 kilograms by weight, the person shall receive an additional term of20 years.
(6)Where
{EJ.Jfthe substance exceeds 80 kilograms by weight, the person shall receive an additional term of25 years .
.Ql_ The conspiracy enhancements provided for in this subdivision shall not be imposed unless the trier of fact finds that the defendant conspirator was substantially involved in the planning, direction, execution, or financing of the underlying offense. (b) Aey-{J_)_A_ person convicted of a violation of, or of conspiracy to violate, Section 11378, 11378.5, 11379, or 11379.5 with respect to a substance containing methamphetamine, amphetamine, phencyclidine (PCP) and its analogs shall receive an additional state prison term as follows:
(l)\\7here
{A,lJfthe substance exceeds one kilogram by weight, or 30 liters by liquid volume, the person shall receive an additional term of three years.
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{JJ)_jf the substance exceeds four kilograms by weight, or 100 liters by liquid volume, the person shall receive an additional term of five years.
(3)Where
{QJf the substance exceeds 10 kilograms by weight, or 200 liters by liquid volume, the person shall receive an additional term of 10 years.
(4)\1/here
(J])_Jfthe substance exceeds 20 kilograms by weight, or 400 liters by liquid volume, the person shall receive an additional term of 15 years.

Ql In computing the quantities involved in this subdivision, plant or vegetable material seized shall not be included.
ill The conspiracy enhancements provided for in this subdivision shall not be imposed unless the trier of fact finds that the defendant conspirator was substantially involved in the planning, direction, execution, or financing of the underlying offense. (c) (1) A person convicted ofa violation of or ofa conspiracy to violate. Section 11351 or 11352 with respect to a substance containing fentanyl shall receive an additional state prison term as .follo-ws:
(A) Jfthe substance exceeds 28.35 grams (one ounce) by weight. the person shall receive an additional term of three years.
(B) If the substance exceeds 100 grams by weight, the person shall receive an additional term of five years.
(C) Jfthe substance exceeds 500 grams by weight, the person shall receive an additional term of seven years.
(D) Jfthe substance exceeds one kilogram by weight. the person shall receive an additional term ofJ0 years.
(E) If the substance exceeds four kilograms by weight. the person shall receive an additional term of] 3 years.
(F) If the substance exceeds 10 kilograms by weight. the person shall receive an additional term ofJ6 years.
(G) Jfthe substance exceeds 20 kilograms by weight. the person shall receive an additional term ofl9 years.
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(H) If the substance exceeds 40 kilograms by weight. the person shall receive an additional term of22 years.
(I) If the substance exceeds 80 kilograms by weight. the person shall receive an additional term of25 years.
(2) The conspiracy enhancements provided for in this subdivision shall not be imposed unless the trier olfact finds that the defendant conspirator was substantially involved in the planning, direction. execution. or financing of the underlying offense. fej @.The additional terms provided in this section shall not be imposed unless the allegation that the weight of the substance containing heroin, fentanyl, cocaine base as specified in paragraph (1) of subdivision (f) of Section 11054, cocaine as specified in paragraph (6) of subdivision (b) of Section 11055, methamphetamine, amphetamine, or phencyclidine (PCP) and its analogs exceeds the amounts provided in this section is charged in the accusatory pleading and admitted or found to be true by the trier of fact.
(e)Notwithstandingparagraph (9) o(subdivision (h) of Section 1170 of the Penal Code. a defendant convicted of an underlying violation specified in this section who admits an enhancement pursuant to this section or for whom an enhancement pursuant to this section is .found true. is punishable by imprisonment in the state prison and not pursuant to subdivision (h) o{Section 1170 ofthe Penal Code.
fdj {tlThe additional terms provided in this section shall be in addition to any other punishment provided by law.

W ..(g2Notwithstanding any other provision of law, the court may strike the additional punishment for the enhancements provided in this section if it determines that there are circumstances in mitigation of the additional punishment and states on the record its reasons for striking the additional punishment.

SECTION 7. Article 8 (commencing with Section 11395) is added to Chapter 6 of Division 10 of the Health & Safety Code, to read:
11395. (a) This section shall be known as the "Treatment-Mandated Felony. " (b) (1) Notwithstanding any other law, and except as provided in subdivision (d), a person described in subdivision (c) who possesses a hard drug, unless upon the written prescription of a physician, dentist, podiatrist, or veterinarian licensed to practice in this state, shall be punished by imprisonment in a county jail for not more than one year or pursuant to subdivision (h) of Section 1170 of the Penal Code. A second or subsequent conviction of this section, is punishable by imprisonment in the county jail not exceeding one year or by imprisonment in the state prison.
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(2) A person shall not be sentenced to jail or prison pursuant to this section unless a court determines that the person is not eligible or suitable for treatment or that any other circumstance described in paragraph (4) of subdivision (d) applies to that person. (c) Subdivision (b) applies to a person who has two or more prior convictions for a felony or misdemeanor violation of Sections 11350, 11351, 11351.5, 11352, 11353, 11353.5, 11353. 7, 11370.1, 11377, 11378, 11378.5, 11379, 11379.5, 11379.6, 11380, or 11395, including a conviction that occurred before the effective date of this section. Prior convictions shall be alleged in the accusatory pleading, and either admitted by the defendant in open court or found to be true by the trier of fact.
(d) (l)(i) In lieu of a jail or prison sentence, or a grant of probation with jail as a condition of probation, a defendant charged with a violation of this section may elect treatment by pleading guilty or no contest to a violation of this section and admitting the alleged prior convictions, waiving time for sentencing and the pronouncement of judgment, and agreeing to participate in, and complete, a detailed treatment program developed by a drug addiction expert and approved by the court. A defendant's plea of guilty or no contest shall not constitute a conviction for any purpose unless judgment is entered pursuant to paragraph ( 4) for a violation of this section. (ii) Upon or subsequent to arraignment for a violation of this section, and at the request or with the consent of the defendant or their attorney, the court shall order a drug addiction expert to conduct a substance abuse and mental health evaluation of the defendant. The expert shall submit a report of the evaluation to the court and parties. The evaluation may be based on an interview of the defendant and/or other individuals with relevant knowledge and review of records the expert deems appropriate, such as medical records, criminal history, prior treatment history, and records pertaining to the current offense. If the defendant participates in the interview, neither the defendants interview nor evidence derived from the interview may be used against the defendant at any subsequent trial for the instant offense except for the purposes of impeachment should the defendant testify inconsistently. The evaluation shall detail the defendants drug abuse and/or mental health issues, if any, so the court and parties may better determine appropriate handling of the defendants case.
(iii) Concurrent with the order for a substance abuse and mental health evaluation of the defendant, and with the defendants consent, the court shall also order that a case worker or other qualified individual determine whether the defendant is eligible to receive Medi-Cal, Medicare, or any other relevant benefits for any programs or evaluations under this section. If the defendant did not previously consent to an eligibility determination at arraignment, the court shall order the eligibility determination upon and as a condition of the defendants agreement to participate in and complete a treatment program as described in this subdivision. (2) A treatment program may include, but is not limited to, drug treatment, mental health treatment, job training, and any other conditions related to treatment or a successful outcome for the defendant that the court finds appropriate. The court must hold regular hearings to review the progress of the defendant. The court shall make referrals to programs that provide services at no cost to the participant and have been deemed by the court, the drug addiction expert, and 9 Item #10. Page 14
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the parties to be credible and effective. A defendant may also choose to pay for a program that is approved by the court.
(3) Upon the defendant's successful completion of the treatment program as specified in paragraph (2), the positive recommendation of the treatment program, and the motion of the defendant, prosecuting attorney, the court, or the probation department, the court shall dismiss this charge against the defendant and the provisions of Section 1000. 4 of the Penal Code, as it read on the effective date of this section, shall apply, including the provision that the arrest upon which the defendant was deferred shall be deemed to have never occurred A dismissal based on the successful completion of treatment shall not count as a conviction for any purpose, including for determining punishment pursuant to subdivision (b ). (4) If at any time it appears that the defendant is performing unsatisfactorily in the program, is not benefiting.from treatment, is not amenable to treatment, has refused treatment, or has been convicted of a crime that was committed since starting treatment, the prosecuting attorney, the court on its own, or the probation department may make a motion for entry of judgment and sentencing. After notice to the defendant, the court shall hold a hearing to determine whether judgment should be entered and the defendant sentenced Judgment shall be imposed and the defendant sentenced if the court finds true one or more of the foregoing circumstances. However, except when the defendant has been found to have been convicted of a crime that was committed since starting treatment, the court may re-refer the defendant to treatment if the court finds that it is in the interest of justice to do so, that the defendant is currently amenable to treatment, and if the defendant agrees to participate in, and complete, a treatment program as described in this section.
(5) For time spent in residential treatment, a defendant may earn only actual credits pursuant to Section 2900.5 of the Penal Code and shall not earn conduct credits pursuant to Section 4019 of the Penal Code or any other provision. Time spent in any other type of program or counseling is not eligible for any credits.
(e) (I) Except as provided in paragraph (2), as used in this section, "hard drug" means a substance listed in Sections 11054 or 11055, including a substance containingfentanyl, heroin, cocaine, cocaine base, methamphetamine, or phencyclidine, and the analogs of any of these substances as defined in Sections 11400 and 11401.
(2) As used in this section ''hard drug" does not include cannabis, cannabis products, peyote, lysergic acid diethylamide (LSD) or other psychedelic drugs such as mescaline and psilocybin (mushrooms), or any other substance listed in subdivisions (d) and (e) of Section 11054, or, with the exception of methamphetamine, any other substance listed in subdivision ( d) of Section 11055.
(I) Upon an arrest for a violation of this section, the court shall require judicial review prior to release to make an individualized determination of risk to public safety and likelihood to return to court.
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(g) This section shall not be construed to preclude prosecution or punishment pursuant to any other law.

SECTION 8. Section 490.3 is added to the Penal Code to read:
490. 3. Notwithstanding any other law, in any case involving one or more acts of theft or shoplifting, including but not limited to, violations of Sections 459.5, 484, 488, and 490.2, the value of property or merchandise stolen may be aggregated into a single count or charge, with the sum of the value of all property or merchandise being the values considered in determining the degree of theft.

SECTION 9. Section 666.1 is added to the Penal Code to read:
666.1. (a)(]) Norn.Jithstanding any other law, a person who has two or more prior convictions for any of the offenses listed in paragraph (2), and who is convicted of petty theft or shoplifting, is punishable by imprisonment in the county jail not exceeding one year or pursuant to subdivision (h) of Section 1170. A second or subsequent conviction of this section is punishable by imprisonment in the county jail not exceeding one year or by imprisonment in the state prison.
(2) This section applies to the following offenses, including a conviction that occurred before the effective date of this section:
(A) Petty theft, as described in Section 488 or 490.2.
(B) Grand theft, as described in Section 487, 487h, and in Chapter 5 of Title 13 of Part 1 of the Penal Code (commencing with Section 484).
(C) Theft from an elder or dependent adult, as described in Section 368. (D) The theft or unauthorized use of a vehicle, as described in Section 10851 of the Vehicle Code.
(E) Burglary, as described in Section 459.
(F) Ca17·acking, as described in Section 215.
(G) Robbery, as described in Section 211.
(H) Receiving stolen property, as described in Section 496. (I) Shoplifting, as described in Section 459.5.
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(J) Identity theft and mail theft, as described in Section 530.5. (b) A person subject to charging under this section or actually charged with this section may be referred by a prosecuting attorney's office or by a county probation department to a theft diversion or deferred entry ofjudgment program pursuant to Section 1001.81. lf appropriate, a person admitted to such a program may also be referred to a substance abuse treatment program.
(c) Upon an arrest for a violation of this section, the court shall require judicial review prior to release to make an individualized determination of risk to public safety and likelihood to return to court.
(d}This section shall not be construed to preclude prosecution or punishment pursuant to any other law.

SECTION 10. Section 12022 of the Penal Code is amended to read:
12022. (a) (1) Except as provided in subdivisions (c) and (d), a person who is armed with a firearm in the commission of a felony or attempted felony shall be punished by an additional and consecutive term of imprisonment pursuant to subdivision (h) of Section 1170 for one year, unless the arming is an element of that offense. This additional term shall apply to a person who is a principal in the commission of a felony or attempted felony if one or more of the principals is armed with a firearm, whether or not the person is personally armed with a firearm. (2) Except as provided in subdivision (c), and notwithstanding subdivision (d), if the firearm is an assault weapon, as defined in Section 30510 or 30515, or a machinegun, as defined in Section 16880, or a .50 BMG rifle, as defined in Section 30530, the additional and consecutive term described in this subdivision shall be three years imprisonment pursuant to subdivision (h) of Section 1170 whether or not the arming is an element of the offense of which the person was convicted. The additional term provided in this paragraph shall apply to any person who is a principal in the commission of a felony or attempted felony if one or more of the principals is armed with an assault weapon, machinegun, or a .50 BMG rifle, whether or not the person is personally armed with an assault weapon, machinegun, or a .50 BMG rifle. (b) (1) A person who personally uses a deadly or dangerous weapon in the commission of a felony or attempted felony shall be punished by an additional and consecutive term of imprisonment in the state prison for one year, unless use of a deadly or dangerous weapon is an element of that offense.
(2) If the person described in paragraph (1) has been convicted of carjacking or attempted carjacking, the additional term shall be in the state prison for one, two, or three years. (3) When a person is found to have personally used a deadly or dangerous weapon in the commission of a felony or attempted felony as provided in this subdivision and the weapon is 12 Item #10. Page 17
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owned by that person, the court shall order that the weapon be deemed a nuisance and disposed of in the manner provided in Sections 18000 and 18005. (c) ill Notwithstanding the enhancement set forth in subdivision (a), a person who is personally armed with a firearm in the commission of a violation or attempted violation of Section 11351, 11351.5, 11352, 11366.5, 11366.6, 11378, 11378.5, 11379, 11379.5, or 11379.6 of the Health and Safety Code shall be punished by an additional and consecutive term of imprisonment in the state prison pursuant to subdivision (h) of Section 1170 for three, four, or five years. (2) Notwithstanding paragraph (9) of subdivision (h) of Section 1170 of the Penal Code. a defendant convicted of an underlying violation specified in this subdivision who admits an enhancement pursuant to this subdivision or for whom an enhancement pursuant to this subdivision is found true, is punishable by imprisonment in the state prison and not pursuant to subdivision (h) ofSection 1170 ofthe Penal Code.
(d) Notwithstanding the enhancement set forth in subdivision (a), a person who is not personally armed with a firearm who, knowing that another principal is personally armed with a firearm, is a principal in the commission of an offense or attempted offense specified in subdivision ( c ), shall be punished by an additional and consecutive term of imprisonment pursuant to subdivision (h) of Section 1170 for one, two, or three years.
( e) For purposes of imposing an enhancement under Section 1170.1, the enhancements under this section shall count as a single enhancement.
(t) Notwithstanding any other provision of law, the court may strike the additional punishment for the enhancements provided in subdivision ( c) or ( d) in an unusual case where the interests of justice would best be served, if the court specifies on the record and enters into the minutes the circumstances indicating that the interests of justice would best be served by that disposition.

SECTION 11. Section 12022.6 is added to the Penal Code to read:
12022. 6. (a) When any person takes, damages, or destroys any property in the commission or attempted commission of a felony, or commits a felony violation of Section 496, the court shall impose a term in addition and consecutive to the punishment prescribed for the felony or attempted felony of which the defendant has been convicted, as follows:
(1) Jfthe loss or property value exceeds fifty thousand dollars ($50,000), the court shall impose an additional term of one year.
(2) If the loss or property value exceeds two hundred thousand dollars ($200,000), the court shall impose an additional term of two years.
(3) If the loss or property value exceeds one million dollars ($1,000,000), the court shall impose an additional term of three years.
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(4) If the loss or property value exceeds three million dollars ($3,000,000), the court shall impose an additional term of four years.
(5) For every additional loss or property value of three million dollars ($3,000,000), the court shall impose a term of one year in addition to the term specified in paragraph (4). (b) In any accusatory pleading involving multiple charges of taking, damage, or destruction, or multiple violations of Section 4 96, the additional terms provided in this section may be imposed if the aggregate losses to the victims or aggregate property values from all felonies exceed the amounts specified in this section and arise from a common scheme or plan. All pleadings under this section shall remain subject to the rules of joinder and severance stated in Section 954.
(c) The additional terms provided in this section shall not be imposed unless the facts relating to the amounts provided in this section are charged in the accusatory pleading and admitted by the defendant or found to be true by the trier of fact. ( d) Notwithstanding any other law, the court may impose an enhancement pursuant to this section and another section on a single count, including an enhancement pursuant to Section 12022.65.

SECTION 12. Section 12022.65 is added to the Penal Code to read:
12022. 65. (a) Any person who acts in concert with two or more persons to take, attempt to take, damage, or destroy any property, in the commission or attempted commission of a felony shall be punished by an additional and consecutive term of imprisonment of one, two, or three years. (b) The additional term provided in this section shall not be imposed unless the existence of the facts required in subdivision (a) are charged in the accusatory pleading and admitted by the defendant or found to be true by the trier of fact.
(c) Notwithstanding any other law, the court may impose an enhancement pursuant to this section and another section on a single count, including an enhancement pursuant to Section 12022. 6.

SECTION 13. Section 12022.7 of the Penal Code is amended to read:
12022.7. (a) Any person who personally inflicts great bodily injury on any person other than an accomplice in the commission of a felony or attempted felony shall be punished by an additional and consecutive term of imprisonment in the state prison for three years. (b) Any person who personally inflicts great bodily injury on any person other than an accomplice in the commission of a felony or attempted felony which causes the victim to 14 Item #10. Page 19
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become comatose due to brain injury or to suffer paralysis of a permanent nature shall be punished by an additional and consecutive term of imprisonment in the state prison for five years. As used in this subdivision, "paralysis" means a major or complete loss of motor function resulting from injury to the nervous system or to a muscular mechanism. ( c) Any person who personally inflicts great bodily injury on a person who is 70 years of age or older, other than an accomplice, in the commission of a felony or attempted felony shall be punished by an additional and consecutive term of imprisonment in the state prison for five years.
( d) Any person who personally inflicts great bodily injury on a child under the age of five years in the commission of a felony or attempted felony shall be punished by an additional and consecutive term of imprisonment in the state prison for four, five, or six years. ( e) Any person who personally inflicts great bodily injury under circumstances involving domestic violence in the commission of a felony or attempted felony shall be punished by an additional and consecutive term of imprisonment in the state prison for three, four, or five years.

As used in this subdivision, "domestic violence" has the meaning provided in subdivision (b) of Section 13700.
(f) ill As used in this section, "great bodily injury" means a significant or substantial physical lllJUry.
(2) As used in this section. a person who sells. furnishes. administers. or gives away a controlled substance is deemed to have personally inflicted great bodily in;ury when the person to whom the substance was sold. furnished. administered. or given suffers a significant or substantial physical in;ury ftom using the substance.
(g) This section shall not apply to murder or manslaughter or a violation of Section 451 or 452.

Subdivisions (a), (b ), ( c ), and ( d) shall not apply if infliction of great bodily injury is an element of the offense.
(h) The court shall impose the additional terms of imprisonment under ei-thef subdivision (a), (b), (c), or (d), but may not impose more than one of those terms for the same offense.

SECTION 14. Chapter 36 (commencing with Section 7599.200) is added to Division 7 of Title 1 of the Government Code, to read:
7599.200. (a) This section shall be known as "Fundingfor the Homelessness, Drug Addiction, and Theft Reduction Act. "
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(b) From monies disbursed to the Board of State and Community Corrections pursuant to paragraph (3) of subdivision (a) of Section 7599.2 of the Government Code and Section 6046.2 of the Penal Code, the Board of State and Community Corrections may allocate appropriate funds to counties and local governments for programs specified in Section 11395 of the Health and Safety Code. This provision shall not preclude funding for this Act from any other source, including but not limited to the Local Revenue Fund 2011 established under Government Code Section 30025 and other such funds designated for substance abuse and mental health treatment.
(c) A defendant charged with a treatment-mandated felony is eligible for any appropriate MediCal or Medicare programs or services, including but not limited to those described in Government Code Section 30025 (f)(l 6)(B)(iii)-(v ), for the defendant's programs specified in Section 113 9 5 of the Health and Safety Code. A county or local government may contract directly with the State Department of Healthcare Services or any other applicable State agency to provide for the provision or administration of any applicable Medi-Cal or Medicare treatment programs.

SECTION 15. Amendments
(a) Except as provided in subdivision (b), this Act shall not be amended by the Legislature except by a statute that furthers the purposes, intent, findings, and declarations of the Act and is passed in each house by roll call vote entered in the journal, two-thirds of the membership of each house concurring, or by a statute that becomes effective only when approved by the voters. (b) The Legislature may, by majority vote, amend Section 11369 of the Health & Safety Code only to expand the list of drugs that qualify as a "hard drug" and to expand the list of convictions to which it applies, and may, by majority vote, amend Section 11395 of the Health & Safety Code only to expand the list of drugs that qualify as a "hard drug" and to expand the list of applicable prior convictions , and may, by majority vote, amend Section 666.1 of the Penal Code only to expand the list of applicable prior convictions.

SECTION 16. Severability
If any provision of this Act, or any part of any provision, or the application of any provision or part to any person or circumstance is for any reason held to be invalid or unconstitutional, the remaining provisions and applications of provisions shall not be affected, but shall remain in full force and effect, and to this end the provisions of this Act are severable.

SECTION 17. Conflicting Initiatives
(a) This Act creates a new drug treatment statute and changes the penalties for career and serial thieves. In the event that this Act and another initiative measure or measures relating to the same subject appear on the same statewide ballot, the provisions of the other measure or measures 16 Item #10. Page 21
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shall be deemed to be in conflict with this measure. In the event this measure receives a greater number of affirmative votes than a measure deemed to be in conflict with it, the provisions of this measure shall prevail in their entirety, and the provisions of the other measure or measures shall be null and void.
(b) If this measure is approved by voters but superseded by law by any other conflicting measure approved by the voters at the same election, and the conflicting ballot measure is later held invalid, this measure shall be self-executing and given full force and effect. 17 Item #10. Page 22
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AMENDED IN ASSEMBLY APRIL 11, 2024
AMENDED IN ASSEMBLY APRIL 3, 2024
california legislature—2023–24 regular session
ASSEMBLY BILL No. 2943
Introduced by Assembly Members Zbur and Robert Rivas
(Principal coauthors: Assembly Members Alanis, Haney, Ortega, Pacheco, Petrie-Norris, and Schiavo)
(Coauthors: Assembly Members Gipson, Lackey, and Rodriguez) (Coauthor: Senator Allen)
February 15, 2024
An act to amend Sections 487, 836, 853.6, and 1001.82 of, and to add Sections 496.6 and 1203g to, the Penal Code, relating to crimes. legislative counsel’s digest
AB 2943, as amended, Zbur. Crimes: shoplifting.
(1) Existing law divides theft into grand theft and petty theft. Existing law punishes petty theft as a misdemeanor while grand theft is punished as either a misdemeanor or a felony. Existing law lists specific types of theft which are grand theft and all other cases of theft as petty theft.

Existing law authorizes a person to be charged with grand theft if the property taken exceeds $950 over the course of distinct but related acts.

This bill would clarify that those related acts include acts committed against multiple victims or in counties other than the county of the current offense. The bill would also clarify that, in determining whether acts are motivated by one intention, one general impulse, and one plan, the court may consider, but is not limited to, evidence that the acts involve the same defendant or defendants, are substantially similar in nature, or occur within a 60-day period.

Corrected 4-15-24—See last page. 97
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(2) Existing law prohibits the possession or receipt of stolen property, as specified. A violation of this prohibition is punishable as either a misdemeanor or a felony, depending on the value of the property and whether the offender has certain prior convictions.

This bill would make it a crime for any person to possess property unlawfully that was acquired through one or more acts of shoplifting, theft, or burglary from a retail business, if the property is not possessed for personal use and the person has intent to sell, exchange, or return the merchandise for value, or the intent to act in concert with one or more persons to sell, exchange, or return the merchandise for value, and the value of the possessed property exceeds $950.

The bill would, for the purpose of determining the value of the property, aggregate the property with any other property possessed by the person with that intent within the prior three years and with any property possessed by another person acting in concert with the first person to sell, exchange, or return the merchandise for value, if that property was also acquired unlawfully. The bill would make this crime punishable as a misdemeanor or a felony. By creating a new crime, this bill would impose a state-mandated local program.
(3) Existing law prohibits shoplifting, defined as entering a commercial establishment with intent to commit theft while that establishment is open during regular business hours, where the value of the property that is taken or intended to be taken does not exceed $950. Existing law requires an act that falls within this definition to be charged as shoplifting and not as burglary or theft. Under existing law, shoplifting is punishable as a misdemeanor, except when the defendant has prior convictions, as specified.

Existing law authorizes a peace officer to make a warrantless arrest for a misdemeanor when the officer has probable cause to believe the person to be arrested has committed the misdemeanor in the officer’s presence. Existing law also authorizes a private person to make an arrest for a misdemeanor committed in their presence, and requires the person to deliver the arrested person to a peace officer or magistrate. Existing law additionally authorizes a merchant to detain a person for a reasonable time and in a reasonable manner to determine if a person has unlawfully taken merchandise.

Existing law authorizes a peace officer to make a warrantless arrest for specified misdemeanors relating to domestic violence, violation of a restraining order, and carrying a concealed firearm at an airport that did not occur in the officer’s presence.
97 AB 2943 — 2 —
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This bill would authorize a peace officer to make a warrantless arrest for a misdemeanor shoplifting offense not committed in the officer’s presence if the officer has probable cause to believe that person has committed shoplifting, as specified.
(4) Existing law requires a peace officer to release upon a signed promise to appear any person arrested for a misdemeanor, unless the person demands to be taken before a magistrate. Existing law provides certain reasons a person arrested for a misdemeanor shall not be released including that the person is intoxicated or in need of medical attention, the person is unable to provide satisfactory proof of identification, or there are outstanding arrest warrants for the person. Additionally, existing law exempts from this provision persons arrested for specified crimes including domestic violence, stalking, threatening a witness, and, until January 1, 2026, organized retail theft.

This bill would extend that exemption for organized retail theft until January 1, 2031.
(5) Existing law, until January 1, 2026, authorizes a city or county prosecuting authority or county probation department to create a diversion or deferred entry of judgment program for persons who commit a theft offense or repeat theft offenses, as specified.

This bill would extend that authorization until January 1, 2031. (6) Existing law authorizes the court to suspend a criminal sentence and make and enforce terms of probation for a period not to exceed 2 years, and in misdemeanor cases, for a period not to exceed one year.

Existing law authorizes the court to make and enforce the terms of probation for specified theft cases for a period not to exceed 3 years.

This bill would, for an offense of shoplifting or petty theft, authorize the court to make and enforce the terms of probation for a period not to exceed 2 years. The bill would require a court that imposes a term longer than one year to consider referring the defendant to a collaborative court or rehabilitation program that is relevant to the underlying factor or factors that led to the commission of the offense, as specified. By increasing the period of probation, this bill would impose a state-mandated local program.

This bill would also state the intent of the Legislature to enact legislation to ensure that any business or retailer that reports retail crime may not be retaliated against by local law enforcement or local jurisdictions. The bill would state the intent of the Legislature to enact legislation to prevent the sale of unlawfully acquired products by requiring sellers of specified products to maintain a chain of custody 97 — 3 — AB 2943
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of the products to demonstrate their lawful provenance and by addressing the use of online platforms to advertise and sell unlawfully acquired products. The bill would state the intent of the Legislature to enact legislation to require retail businesses of a certain size to periodically report specified data related to thefts and to strengthen laws to prevent stolen goods from being sold via online marketplaces.
(7) The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state.

Statutory provisions establish procedures for making that reimbursement.

This bill would provide that with regard to certain mandates no reimbursement is required by this act for a specified reason.

With regard to any other mandates, this bill would provide that, if the Commission on State Mandates determines that the bill contains costs so mandated by the state, reimbursement for those costs shall be made pursuant to the statutory provisions noted above.

Vote: majority. Appropriation: no. Fiscal committee: yes.

State-mandated local program: yes.

The people of the State of California do enact as follows:
line 1 SECTION 1. It is the intent of the Legislature to enact line 2 legislation to ensure that any business or retailer that reports retail line 3 crime may not be retaliated against by local law enforcement or line 4 local jurisdictions by threatening or bringing nuisance actions line 5 against them as a result of reporting retail crime alone, nor may line 6 fines or fees be sought against them as a result of reporting retail line 7 crime alone.
line 8 SEC. 2. It is the intent of the Legislature to enact legislation line 9 to prevent the sale of unlawfully acquired products by requiring line 10 sellers of specified products to maintain chain of custody records line 11 of the products to demonstrate their lawful provenance and by line 12 addressing the use of online platforms to advertise and sell line 13 unlawfully acquired products.
line 14 SEC. 3. It is the intent of the Legislature to enact legislation line 15 to require retail businesses of a certain size to periodically report line 16 specified data related to thefts suffered by the businesses while line 17 maintaining protections to ensure that no individual business is line 18 identified publicly through the reporting of the data, and to line 19 strengthen laws to prevent stolen goods from being sold via online line 20 marketplaces.
97 AB 2943 — 4 —
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line 1 SEC. 4.
line 2 SECTION 1. Section 487 of the Penal Code is amended to read:
line 3 487. Grand theft is theft committed in any of the following line 4 cases:
line 5 (a)  When the money, labor, real property, or personal property line 6 taken is of a value exceeding nine hundred fifty dollars ($950), line 7 except as provided in subdivision (b).
line 8 (b)  Notwithstanding subdivision (a), grand theft is committed line 9 in any of the following cases:
line 10 (1)  (A)  When domestic fowls, avocados, olives, citrus or line 11 deciduous fruits, other fruits, vegetables, nuts, artichokes, or other line 12 farm crops are taken of a value exceeding two hundred fifty dollars line 13 ($250).
line 14 (B)  For the purposes of establishing that the value of domestic line 15 fowls, avocados, olives, citrus or deciduous fruits, other fruits, line 16 vegetables, nuts, artichokes, or other farm crops under this line 17 paragraph exceeds two hundred fifty dollars ($250), that value line 18 may be shown by the presentation of credible evidence which line 19 establishes that on the day of the theft domestic fowls, avocados, line 20 olives, citrus or deciduous fruits, other fruits, vegetables, nuts, line 21 artichokes, or other farm crops of the same variety and weight line 22 exceeded two hundred fifty dollars ($250) in wholesale value. line 23 (2)  When fish, shellfish, mollusks, crustaceans, kelp, algae, or line 24 other aquacultural products are taken from a commercial or line 25 research operation which is producing that product, of a value line 26 exceeding two hundred fifty dollars ($250).
line 27 (3)  Where the money, labor, real property, or personal property line 28 is taken by a servant, agent, or employee from their principal or line 29 employer and aggregates nine hundred fifty dollars ($950) or more line 30 in any 12 consecutive month period.
line 31 (c)  When the property is taken from the person of another. line 32 (d)  When the property taken is any of the following:
line 33 (1)  An automobile.
line 34 (2)  A firearm.
line 35 (e)  If the value of the money, labor, real property, or personal line 36 property taken exceeds nine hundred fifty dollars ($950) over the line 37 course of distinct but related acts, including acts committed against line 38 multiple victims or in counties other than the county of the current line 39 offense, the value of the money, labor, real property, or personal line 40 property taken may properly be aggregated to charge a count of 97 — 5 — AB 2943
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line 1 grand theft, if the acts are motivated by one intention, one general line 2 impulse, and one plan. In determining whether acts are motivated line 3 by one intention, one general impulse, and one plan, the court may line 4 consider, but is not limited to, evidence that the acts involve the line 5 same defendant or defendants, are substantially similar in nature, line 6 or occur within a 60-day period.
line 7 SEC. 5.
line 8 SEC. 2. Section 496.6 is added to the Penal Code, to read:
line 9 496.6. (a)  Any person who possesses property unlawfully that line 10 was acquired through one or more acts of shoplifting, theft, or line 11 burglary from a retail business, whether or not the person line 12 committed the act of shoplifting, theft, or burglary, is guilty of the line 13 unlawful deprivation of a retail business opportunity when both line 14 of the following apply:
line 15 (1)  The property is not possessed for personal use and the person line 16 has the intent to sell, exchange, or return the merchandise for value, line 17 or the intent to act in concert with one or more persons to sell, line 18 exchange, or return the merchandise for value.
line 19 (2)  The value of the possessed property exceeds nine hundred line 20 fifty dollars ($950). For purposes of determining the value of the line 21 property, the property described in paragraph (1) can be considered line 22 in the aggregate with either of the following:
line 23 (A)  Any other such property possessed by the person with such line 24 intent within the prior three years.
line 25 (B)  Any property possessed by another person acting in concert line 26 with the first person to sell, exchange, or return the merchandise line 27 for value, when such property was acquired through one or more line 28 acts of shoplifting, theft, or burglary from a retail business, line 29 regardless of the identity of the person committing the act of line 30 shoplifting, theft, or burglary.
line 31 (b)  For the purpose of determining in any proceeding whether line 32 the defendant has the intent to sell, exchange, or return the line 33 merchandise for value, the trier of fact may consider any competent line 34 evidence, including, but not limited to, the following:
line 35 (1)  Whether the defendant has in the prior three years sold, line 36 exchanged, or returned for value merchandise acquired through line 37 shoplifting, theft, or burglary from a retail business, or through line 38 any related offense, including any conduct that occurred in other line 39 jurisdictions, if relevant to demonstrate a fact other than the 97 AB 2943 — 6 —
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line 1 defendant’s disposition to commit the act, as provided by line 2 subdivision (b) of Section 1101 of the Evidence Code. line 3 (2)  The property involved in the offense is of a type or quantity line 4 that would not normally be purchased for personal use or line 5 consumption, including use or consumption by one’s immediate line 6 family.
line 7 (c)  The criminal deprivation of a retail business opportunity is line 8 punishable by imprisonment in the county jail for up to one year line 9 or pursuant to subdivision (h) of Section 1170.
line 10 SEC. 6.
line 11 SEC. 3. Section 836 of the Penal Code is amended to read:
line 12 836. (a)  A peace officer may arrest a person in obedience to line 13 a warrant, or, pursuant to the authority granted by Chapter 4.5 line 14 (commencing with Section 830) of Title 3 of Part 2, without a line 15 warrant, may arrest a person whenever any of the following line 16 circumstances occur:
line 17 (1)  The officer has probable cause to believe that the person to line 18 be arrested has committed a public offense in the officer’s presence. line 19 (2)  The person arrested has committed a felony, although not line 20 in the officer’s presence.
line 21 (3)  The officer has probable cause to believe that the person to line 22 be arrested has committed a felony, whether or not a felony, in line 23 fact, has been committed.
line 24 (b)  Any time a peace officer is called out on a domestic violence line 25 call, it shall be mandatory that the officer make a good faith effort line 26 to inform the victim of their right to make a citizen’s arrest, unless line 27 the peace officer makes an arrest for a violation of paragraph (1) line 28 of subdivision (e) of Section 243 or 273.5. This information shall line 29 include advising the victim how to safely execute the arrest. line 30 (c)  (1)  When a peace officer is responding to a call alleging a line 31 violation of a domestic violence protective or restraining order line 32 issued under Section 527.6 of the Code of Civil Procedure, the line 33 Family Code, Section 136.2, 646.91, or paragraph (2) of line 34 subdivision (a) of Section 1203.097 of this code, Section 213.5 or line 35 15657.03 of the Welfare and Institutions Code, or of a domestic line 36 violence protective or restraining order issued by the court of line 37 another state, tribe, or territory and the peace officer has probable line 38 cause to believe that the person against whom the order is issued line 39 has notice of the order and has committed an act in violation of line 40 the order, the officer shall, consistent with subdivision (b) of 97 — 7 — AB 2943
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line 1 Section 13701, make a lawful arrest of the person without a warrant line 2 and take that person into custody whether or not the violation line 3 occurred in the presence of the arresting officer. The officer shall, line 4 as soon as possible after the arrest, confirm with the appropriate line 5 authorities or the Domestic Violence Protection Order Registry line 6 maintained pursuant to Section 6380 of the Family Code that a line 7 true copy of the protective order has been registered, unless the line 8 victim provides the officer with a copy of the protective order. line 9 (2)  The person against whom a protective order has been issued line 10 shall be deemed to have notice of the order if the victim presents line 11 to the officer proof of service of the order, the officer confirms line 12 with the appropriate authorities that a true copy of the proof of line 13 service is on file, or the person against whom the protective order line 14 was issued was present at the protective order hearing or was line 15 informed by a peace officer of the contents of the protective order. line 16 (3)  In situations where mutual protective orders have been issued line 17 under Division 10 (commencing with Section 6200) of the Family line 18 Code, liability for arrest under this subdivision applies only to line 19 those persons who are reasonably believed to have been the line 20 dominant aggressor. In those situations, prior to making an arrest line 21 under this subdivision, the peace officer shall make reasonable line 22 efforts to identify, and may arrest, the dominant aggressor involved line 23 in the incident. The dominant aggressor is the person determined line 24 to be the most significant, rather than the first, aggressor. In line 25 identifying the dominant aggressor, an officer shall consider (A) line 26 the intent of the law to protect victims of domestic violence from line 27 continuing abuse, (B) the threats creating fear of physical injury, line 28 (C) the history of domestic violence between the persons involved, line 29 and (D) whether either person involved acted in self-defense. line 30 (d)  Notwithstanding paragraph (1) of subdivision (a), if a suspect line 31 commits an assault or battery upon a current or former spouse, line 32 fiancé, fiancée, a current or former cohabitant as defined in Section line 33 6209 of the Family Code, a person with whom the suspect currently line 34 is having or has previously had an engagement or dating line 35 relationship, as defined in paragraph (10) of subdivision (f) of line 36 Section 243, a person with whom the suspect has parented a child, line 37 or is presumed to have parented a child pursuant to the Uniform line 38 Parentage Act (Part 3 (commencing with Section 7600) of Division line 39 12 of the Family Code), a child of the suspect, a child whose line 40 parentage by the suspect is the subject of an action under the 97 AB 2943 — 8 —
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line 1 Uniform Parentage Act, a child of a person in one of the above line 2 categories, any other person related to the suspect by consanguinity line 3 or affinity within the second degree, or any person who is 65 years line 4 of age or older and who is related to the suspect by blood or legal line 5 guardianship, a peace officer may arrest the suspect without a line 6 warrant where both of the following circumstances apply:
line 7 (1)  The peace officer has probable cause to believe that the line 8 person to be arrested has committed the assault or battery, whether line 9 or not it has in fact been committed.
line 10 (2)  The peace officer makes the arrest as soon as probable cause line 11 arises to believe that the person to be arrested has committed the line 12 assault or battery, whether or not it has in fact been committed. line 13 (e)  In addition to the authority to make an arrest without a line 14 warrant pursuant to paragraphs (1) and (3) of subdivision (a), a line 15 peace officer may, without a warrant, arrest a person for a violation line 16 of Section 25400 when all of the following apply:
line 17 (1)  The officer has reasonable cause to believe that the person line 18 to be arrested has committed the violation of Section 25400. line 19 (2)  The violation of Section 25400 occurred within an airport, line 20 as defined in Section 21013 of the Public Utilities Code, in an area line 21 to which access is controlled by the inspection of persons and line 22 property.
line 23 (3)  The peace officer makes the arrest as soon as reasonable line 24 cause arises to believe that the person to be arrested has committed line 25 the violation of Section 25400.
line 26 (f)  In addition to the authority to make an arrest without a line 27 warrant pursuant to paragraphs (1) and (3) of subdivision (a), a line 28 peace officer may, without a warrant, arrest a person for a violation line 29 of Section 459.5 when the violation was not committed in the line 30 officer’s presence if the officer has probable cause to believe the line 31 person committed the violation. The probable cause to make an line 32 arrest pursuant to this subdivision shall be based on either of the line 33 following:
line 34 (1)  A sworn statement obtained by the officer from a person line 35 who witnessed the person to be arrested committing the alleged line 36 violation.
line 37 (2)  The officer observing video footage that shows the person line 38 to be arrested committing the alleged violation. 97 — 9 — AB 2943
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line 1 SEC. 7.
line 2 SEC. 4. Section 853.6 of the Penal Code, as amended by line 3 Section 1 of Chapter 856 of the Statutes of 2022, is amended to line 4 read:
line 5 853.6. (a)  (1)  When a person is arrested for an offense declared line 6 to be a misdemeanor, including a violation of a city or county line 7 ordinance, and does not demand to be taken before a magistrate, line 8 that person shall, instead of being taken before a magistrate, be line 9 released according to the procedures set forth by this chapter, line 10 although nothing prevents an officer from first booking an arrestee line 11 pursuant to subdivision (g). If the person is released, the officer line 12 or the officer’s superior shall prepare in duplicate a written notice line 13 to appear in court, containing the name and address of the person, line 14 the offense charged, and the time when, and place where, the line 15 person shall appear in court. If, pursuant to subdivision (i), the line 16 person is not released prior to being booked and the officer in line 17 charge of the booking or the officer’s superior determines that the line 18 person should be released, the officer or the officer’s superior shall line 19 prepare a written notice to appear in a court.
line 20 (2)  When a person is arrested for a misdemeanor violation of a line 21 protective court order involving domestic violence, as defined in line 22 Section 13700, or arrested pursuant to a policy, as described in line 23 Section 13701, the person shall be taken before a magistrate instead line 24 of being released according to the procedures set forth in this line 25 chapter, unless the arresting officer determines that there is not a line 26 reasonable likelihood that the offense will continue or resume or line 27 that the safety of persons or property would be imminently line 28 endangered by release of the person arrested. Prior to adopting line 29 these provisions, each city, county, or city and county shall develop line 30 a protocol to assist officers to determine when arrest and release line 31 is appropriate, rather than taking the arrested person before a line 32 magistrate. The county shall establish a committee to develop the line 33 protocol, consisting of, at a minimum, the police chief or county line 34 sheriff within the jurisdiction, the district attorney, county counsel, line 35 city attorney, representatives from domestic violence shelters, line 36 domestic violence councils, and other relevant community line 37 agencies.
line 38 (3)  This subdivision does not apply to the crimes specified in line 39 Section 1270.1, including crimes defined in each of the following:
line 40 (A)  Paragraph (1) of subdivision (e) of Section 243. 97 AB 2943 — 10 —
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line 1 (B)  Section 273.5.
line 2 (C)  Section 273.6, if the detained person made threats to kill or line 3 harm, has engaged in violence against, or has gone to the residence line 4 or workplace of, the protected party.
line 5 (D)  Section 646.9.
line 6 (4)  This subdivision shall not affect a defendant’s ability to be line 7 released on bail or on their own recognizance, except as specified line 8 in Section 1270.1.
line 9 (b)  Unless waived by the person, the time specified in the notice line 10 to appear shall be at least 10 days after arrest if the duplicate notice line 11 is to be filed by the officer with the magistrate. line 12 (c)  The place specified in the notice shall be the court of the line 13 magistrate before whom the person would be taken if the line 14 requirement of taking an arrested person before a magistrate were line 15 complied with, or shall be an officer authorized by that court to line 16 receive a deposit of bail.
line 17 (d)  The officer shall deliver one copy of the notice to appear to line 18 the arrested person, and the arrested person, in order to secure line 19 release, shall give their written promise to appear in court as line 20 specified in the notice by signing the duplicate notice, which shall line 21 be retained by the officer, and the officer may require the arrested line 22 person, if the arrested person has no satisfactory identification, to line 23 place a right thumbprint, or a left thumbprint or fingerprint if the line 24 person has a missing or disfigured right thumb, on the notice to line 25 appear. Except for law enforcement purposes relating to the identity line 26 of the arrestee, a person or entity shall not sell, give away, allow line 27 the distribution of, include in a database, or create a database with, line 28 this print. Upon the signing of the duplicate notice, the arresting line 29 officer shall immediately release the person arrested from custody. line 30 (e)  The officer shall, as soon as practicable, file the duplicate line 31 notice, as follows:
line 32 (1)  It shall be filed with the magistrate if the offense charged is line 33 an infraction.
line 34 (2)  It shall be filed with the magistrate if the prosecuting attorney line 35 has previously directed the officer to do so.
line 36 (3)  (A)  The duplicate notice and underlying police reports in line 37 support of the charge or charges shall be filed with the prosecuting line 38 attorney in cases other than those specified in paragraphs (1) and line 39 (2).
97 — 11 — AB 2943
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line 1 (B)  If the duplicate notice is filed with the prosecuting attorney, line 2 the prosecuting attorney, within their discretion, may initiate line 3 prosecution by filing the notice or a formal complaint with the line 4 magistrate specified in the duplicate notice within 25 days from line 5 the time of arrest. If the prosecution is not to be initiated, the line 6 prosecutor shall send notice to the person arrested at the address line 7 on the notice to appear. The failure by the prosecutor to file the line 8 notice or formal complaint within 25 days of the time of the arrest line 9 shall not bar further prosecution of the misdemeanor charged in line 10 the notice to appear. However, any further prosecution shall be line 11 preceded by a new and separate citation or an arrest warrant. line 12 (C)  Upon the filing of the notice with the magistrate by the line 13 officer, or the filing of the notice or formal complaint by the line 14 prosecutor, the magistrate may fix the amount of bail that in the line 15 magistrate’s judgment, in accordance with Section 1275, is line 16 reasonable and sufficient for the appearance of the defendant and line 17 shall endorse upon the notice a statement signed by the magistrate line 18 in the form set forth in Section 815a. The defendant may, prior to line 19 the date upon which the defendant promised to appear in court, line 20 deposit with the magistrate the amount of bail set by the magistrate. line 21 At the time the case is called for arraignment before the magistrate, line 22 if the defendant does not appear, either in person or by counsel, line 23 the magistrate may declare the bail forfeited, and may, in the line 24 magistrate’s discretion, order that further proceedings shall not be line 25 had in the case, unless the defendant has been charged with a line 26 violation of Section 374.3 or 374.7 of this code or of Section line 27 11357, 11360, or 13002 of the Health and Safety Code, or a line 28 violation punishable under Section 5008.7 of the Public Resources line 29 Code, and the defendant has previously been convicted of a line 30 violation of that section or a violation that is punishable under that line 31 section, except when the magistrate finds that undue hardship will line 32 be imposed upon the defendant by requiring the defendant to line 33 appear, the magistrate may declare the bail forfeited and order that line 34 further proceedings not be had in the case.
line 35 (D)  Upon the making of the order that further proceedings not line 36 be had, all sums deposited as bail shall immediately be paid into line 37 the county treasury for distribution pursuant to Section 1463. line 38 (f)  A warrant shall not be issued for the arrest of a person who line 39 has given a written promise to appear in court, unless and until the line 40 person has violated that promise or has failed to deposit bail, to 97 AB 2943 — 12 —
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line 1 appear for arraignment, trial, or judgment, or to comply with the line 2 terms and provisions of the judgment, as required by law. line 3 (g)  The officer may book the arrested person at the scene or at line 4 the arresting agency prior to release or indicate on the citation that line 5 the arrested person shall appear at the arresting agency to be booked line 6 or indicate on the citation that the arrested person shall appear at line 7 the arresting agency to be fingerprinted prior to the date the arrested line 8 person appears in court. If it is indicated on the citation that the line 9 arrested person shall be booked or fingerprinted prior to the date line 10 of the person’s court appearance, the arresting agency, at the time line 11 of booking or fingerprinting, shall provide the arrested person with line 12 verification of the booking or fingerprinting by making an entry line 13 on the citation. If it is indicated on the citation that the arrested line 14 person is to be booked or fingerprinted, the magistrate, judge, or line 15 court shall, before the proceedings begin, order the defendant to line 16 provide verification that the defendant was booked or fingerprinted line 17 by the arresting agency. If the defendant cannot produce the line 18 verification, the magistrate, judge, or court shall require that the line 19 defendant be booked or fingerprinted by the arresting agency before line 20 the next court appearance, and that the defendant provide the line 21 verification at the next court appearance unless both parties line 22 stipulate that booking or fingerprinting is not necessary. line 23 (h)  A peace officer shall use the written notice to appear line 24 procedure set forth in this section for any misdemeanor offense in line 25 which the officer has arrested a person without a warrant pursuant line 26 to Section 836 or in which the officer has taken custody of a person line 27 pursuant to Section 847.
line 28 (i)  When a person is arrested by a peace officer for a line 29 misdemeanor, that person shall be released according to the line 30 procedures set forth in this chapter unless one of the following is line 31 a reason for nonrelease, in which case the arresting officer may line 32 release the person, except as provided in subdivision (a), or the line 33 arresting officer shall indicate, on a form to be established by the line 34 officer’s employing law enforcement agency, which of the line 35 following was a reason for the nonrelease:
line 36 (1)  The person arrested was so intoxicated that they could have line 37 been a danger to themselves or to others.
line 38 (2)  The person arrested required medical examination or medical line 39 care or was otherwise unable to care for their own safety. 97 — 13 — AB 2943
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line 1 (3)  The person was arrested under one or more of the line 2 circumstances listed in Sections 40302 and 40303 of the Vehicle line 3 Code.
line 4 (4)  There were one or more outstanding arrest warrants for the line 5 person.
line 6 (5)  The person could not provide satisfactory evidence of line 7 personal identification.
line 8 (6)  The prosecution of the offense or offenses for which the line 9 person was arrested, or the prosecution of any other offense or line 10 offenses, would be jeopardized by immediate release of the person line 11 arrested.
line 12 (7)  There was a reasonable likelihood that the offense or offenses line 13 would continue or resume, or that the safety of persons or property line 14 would be imminently endangered by release of the person arrested. line 15 (8)  The person arrested demanded to be taken before a line 16 magistrate or refused to sign the notice to appear. line 17 (9)  There is reason to believe that the person would not appear line 18 at the time and place specified in the notice. The basis for this line 19 determination shall be specifically stated.
line 20 (10)  (A)  The person was subject to Section 1270.1. line 21 (B)  The form shall be filed with the arresting agency as soon line 22 as practicable and shall be made available to any party having line 23 custody of the arrested person, subsequent to the arresting officer, line 24 and to any person authorized by law to release the arrested person line 25 from custody before trial.
line 26 (11)  The person has been cited, arrested, or convicted for line 27 misdemeanor or felony theft from a store in the previous six line 28 months.
line 29 (12)  There is probable cause to believe that the person arrested line 30 is guilty of committing organized retail theft, as defined in line 31 subdivision (a) of Section 490.4.
line 32 (j)  (1)  Once the arresting officer has prepared the written notice line 33 to appear and has delivered a copy to the person arrested, the officer line 34 shall deliver the remaining original and all copies as provided by line 35 subdivision (e).
line 36 (2)  Any person, including the arresting officer and any member line 37 of the officer’s department or agency, or any peace officer, who line 38 alters, conceals, modifies, nullifies, or destroys, or causes to be line 39 altered, concealed, modified, nullified, or destroyed, the face side line 40 of the remaining original or a copy of a citation that was retained 97 AB 2943 — 14 —
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line 1 by the officer, for any reason, before it is filed with the magistrate line 2 or with a person authorized by the magistrate to receive deposit line 3 of bail, is guilty of a misdemeanor.
line 4 (3)  If, after an arrested person has signed and received a copy line 5 of a notice to appear, the arresting officer determines that, in the line 6 interest of justice, the citation or notice should be dismissed, the line 7 arresting agency may recommend, in writing, to the magistrate line 8 that the charges be dismissed. The recommendation shall cite the line 9 reasons for the recommendation and shall be filed with the court. line 10 (4)  If the magistrate makes a finding that there are grounds for line 11 dismissal, the finding shall be entered in the record and the charges line 12 dismissed.
line 13 (5)  A personal relationship with any officer, public official, or line 14 law enforcement agency shall not be grounds for dismissal. line 15 (k)  (1)  A person contesting a charge by claiming under penalty line 16 of perjury not to be the person issued the notice to appear may line 17 choose to submit a right thumbprint, or a left thumbprint if the line 18 person has a missing or disfigured right thumb, to the issuing court line 19 through the person’s local law enforcement agency for comparison line 20 with the one placed on the notice to appear. A local law line 21 enforcement agency providing this service may charge the requester line 22 no more than the actual costs. The issuing court may refer the line 23 thumbprint submitted and the notice to appear to the prosecuting line 24 attorney for comparison of the thumbprints. When there is no line 25 thumbprint or fingerprint on the notice to appear, or when the line 26 comparison of thumbprints is inconclusive, the court shall refer line 27 the notice to appear or copy thereof back to the issuing agency for line 28 further investigation, unless the court finds that referral is not in line 29 the interest of justice.
line 30 (2)  Upon initiation of the investigation or comparison process line 31 by referral of the court, the court shall continue the case and the line 32 speedy trial period shall be tolled for 45 days. line 33 (3)  Upon receipt of the issuing agency’s or prosecuting line 34 attorney’s response, the court may make a finding of factual line 35 innocence pursuant to Section 530.6 if the court determines that line 36 there is insufficient evidence that the person cited is the person line 37 charged and shall immediately notify the Department of Motor line 38 Vehicles of its determination. If the Department of Motor Vehicles line 39 determines the citation or citations in question formed the basis 97 — 15 — AB 2943
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line 1 of a suspension or revocation of the person’s driving privilege, the line 2 department shall immediately set aside the action. line 3 (4)  If the prosecuting attorney or issuing agency fails to respond line 4 to a court referral within 45 days, the court shall make a finding line 5 of factual innocence pursuant to Section 530.6, unless the court line 6 finds that a finding of factual innocence is not in the interest of line 7 justice.
line 8 (5)  The citation or notice to appear may be held by the line 9 prosecuting attorney or issuing agency for future adjudication line 10 should the arrestee who received the citation or notice to appear line 11 be found.
line 12 (l)  For purposes of this section, the term “arresting agency” line 13 includes any other agency designated by the arresting agency to line 14 provide booking or fingerprinting services.
line 15 (m)  This section shall remain in effect only until January 1, line 16 2031, and as of that date is repealed.
line 17 SEC. 8.
line 18 SEC. 5. Section 853.6 of the Penal Code, as added by Section line 19 2 of Chapter 856 of the Statutes of 2022, is amended to read:
line 20 853.6. (a)  (1)  When a person is arrested for an offense declared line 21 to be a misdemeanor, including a violation of a city or county line 22 ordinance, and does not demand to be taken before a magistrate, line 23 that person shall, instead of being taken before a magistrate, be line 24 released according to the procedures set forth by this chapter, line 25 however an officer may first book an arrestee pursuant to line 26 subdivision (g). If the person is released, the officer or the officer’s line 27 superior shall prepare, in duplicate, a written notice to appear in line 28 court, containing the name and address of the person, the offense line 29 charged, and the time when, and place where, the person shall line 30 appear in court. If, pursuant to subdivision (i), the person is not line 31 released prior to being booked and the officer in charge of the line 32 booking or the officer’s superior determines that the person should line 33 be released, the officer or the officer’s superior shall prepare a line 34 written notice to appear in a court.
line 35 (2)  When a person is arrested for a misdemeanor violation of a line 36 protective court order involving domestic violence, as defined in line 37 subdivision (b) of Section 13700, or arrested pursuant to a policy line 38 described in Section 13701, the person shall be taken before a line 39 magistrate instead of being released according to the procedures line 40 set forth in this chapter, unless the arresting officer determines that 97 AB 2943 — 16 —
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line 1 there is not a reasonable likelihood that the offense will continue line 2 or resume or that the safety of persons or property would be line 3 imminently endangered by release of the person arrested. Prior to line 4 adopting these provisions, each city, county, or city and county line 5 shall develop a protocol to assist officers to determine when arrest line 6 and release is appropriate, rather than taking the arrested person line 7 before a magistrate. The county shall establish a committee to line 8 develop the protocol, consisting of, at a minimum, the police chief line 9 or county sheriff within the jurisdiction, the district attorney, county line 10 counsel, city attorney, representatives from domestic violence line 11 shelters, domestic violence councils, and other relevant community line 12 agencies.
line 13 (3)  This subdivision shall not apply to the crimes specified in line 14 Section 1270.1, including crimes defined in each of the following:
line 15 (A)  Paragraph (1) of subdivision (e) of Section 243. line 16 (B)  Section 273.5.
line 17 (C)  Section 273.6, if the detained person made threats to kill or line 18 harm, has engaged in violence against, or has gone to the residence line 19 or workplace of, the protected party.
line 20 (D)  Section 646.9.
line 21 (4)  This subdivision does not affect a defendant’s ability to be line 22 released on bail or on their own recognizance, except as specified line 23 in Section 1270.1.
line 24 (b)  Unless waived by the person, the time specified in the notice line 25 to appear shall be at least 10 days after arrest if the duplicate notice line 26 is to be filed by the officer with the magistrate. line 27 (c)  The place specified in the notice shall be the court of the line 28 magistrate before whom the person would be taken if the line 29 requirement of taking an arrested person before a magistrate were line 30 complied with, or shall be an officer authorized by that court to line 31 receive a deposit of bail.
line 32 (d)  The officer shall deliver one copy of the notice to appear to line 33 the arrested person, and the arrested person, in order to secure line 34 release, shall give their written promise to appear in court as line 35 specified in the notice by signing the duplicate notice, which shall line 36 be retained by the officer. The officer may require the arrested line 37 person, if the arrested person has no satisfactory identification, to line 38 place a right thumbprint, or a left thumbprint or fingerprint if the line 39 person has a missing or disfigured right thumb, on the notice to line 40 appear. Except for law enforcement purposes relating to the identity 97 — 17 — AB 2943
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line 1 of the arrestee, a person or entity may not sell, give away, allow line 2 the distribution of, include in a database, or create a database with, line 3 this print. Upon the person signing the duplicate notice, the line 4 arresting officer shall immediately release the person arrested from line 5 custody.
line 6 (e)  The officer shall, as soon as practicable, file the duplicate line 7 notice, as follows:
line 8 (1)  It shall be filed with the magistrate if the offense charged is line 9 an infraction.
line 10 (2)  It shall be filed with the magistrate if the prosecuting attorney line 11 has previously directed the officer to do so.
line 12 (3)  (A)  The duplicate notice and underlying police reports in line 13 support of the charge or charges shall be filed with the prosecuting line 14 attorney in cases other than those specified in paragraphs (1) and line 15 (2).
line 16 (B)  If the duplicate notice is filed with the prosecuting attorney, line 17 the prosecuting attorney, within their discretion, may initiate line 18 prosecution by filing the notice or a formal complaint with the line 19 magistrate specified in the duplicate notice within 25 days from line 20 the time of arrest. If the prosecution is not to be initiated, the line 21 prosecutor shall send notice to the person arrested at the address line 22 on the notice to appear. The failure by the prosecutor to file the line 23 notice or formal complaint within 25 days of the time of the arrest line 24 shall not bar further prosecution of the misdemeanor charged in line 25 the notice to appear. However, any further prosecution shall be line 26 preceded by a new and separate citation or an arrest warrant. line 27 (C)  Upon the filing of the notice with the magistrate by the line 28 officer, or the filing of the notice or formal complaint by the line 29 prosecutor, the magistrate may fix the amount of bail that in the line 30 magistrate’s judgment, in accordance with Section 1275, is line 31 reasonable and sufficient for the appearance of the defendant and line 32 shall endorse upon the notice a statement signed by the magistrate line 33 in the form set forth in Section 815a. The defendant may, prior to line 34 the date upon which the defendant promised to appear in court, line 35 deposit with the magistrate the amount of bail set by the magistrate. line 36 When the case is called for arraignment before the magistrate, if line 37 the defendant does not appear, either in person or by counsel, the line 38 magistrate may declare the bail forfeited, and may, in the line 39 magistrate’s discretion, order that no further proceedings shall be line 40 had in the case, unless the defendant has been charged with a 97 AB 2943 — 18 —
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line 1 violation of Section 374.3 or 374.7 of this code or of Section line 2 11357, 11360, or 13002 of the Health and Safety Code, or a line 3 violation punishable under Section 5008.7 of the Public Resources line 4 Code, and the defendant has previously been convicted of a line 5 violation of that section or a violation that is punishable under that line 6 section, except in cases where the magistrate finds that undue line 7 hardship will be imposed upon the defendant by requiring the line 8 defendant to appear, the magistrate may declare the bail forfeited line 9 and order that no further proceedings be had in the case. line 10 (D)  Upon the making of the order that no further proceedings line 11 be had, all sums deposited as bail shall immediately be paid into line 12 the county treasury for distribution pursuant to Section 1463. line 13 (f)  A warrant shall not be issued for the arrest of a person who line 14 has given a written promise to appear in court, unless and until the line 15 person has violated that promise or has failed to deposit bail, to line 16 appear for arraignment, trial, or judgment or to comply with the line 17 terms and provisions of the judgment, as required by law. line 18 (g)  The officer may book the arrested person at the scene or at line 19 the arresting agency prior to release or indicate on the citation that line 20 the arrested person shall appear at the arresting agency to be booked line 21 or indicate on the citation that the arrested person shall appear at line 22 the arresting agency to be fingerprinted prior to the date the arrested line 23 person appears in court. If it is indicated on the citation that the line 24 arrested person shall be booked or fingerprinted prior to the date line 25 of the person’s court appearance, the arresting agency, at the time line 26 of booking or fingerprinting, shall provide the arrested person with line 27 verification of the booking or fingerprinting by making an entry line 28 on the citation. If it is indicated on the citation that the arrested line 29 person is to be booked or fingerprinted, the magistrate, judge, or line 30 court shall, before the proceedings begin, order the defendant to line 31 provide verification that the defendant was booked or fingerprinted line 32 by the arresting agency. If the defendant cannot produce the line 33 verification, the magistrate, judge, or court shall require that the line 34 defendant be booked or fingerprinted by the arresting agency before line 35 the next court appearance, and that the defendant provide the line 36 verification at the next court appearance unless both parties line 37 stipulate that booking or fingerprinting is not necessary. line 38 (h)  A peace officer shall use the written notice to appear line 39 procedure set forth in this section for any misdemeanor offense in line 40 which the officer has arrested a person without a warrant pursuant 97 — 19 — AB 2943
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line 1 to Section 836 or in which the officer has taken custody of a person line 2 pursuant to Section 847.
line 3 (i)  When a person is arrested by a peace officer for a line 4 misdemeanor, that person shall be released according to the line 5 procedures set forth by this chapter unless one of the following is line 6 a reason for nonrelease, in which case the arresting officer may line 7 release the person, except as provided in subdivision (a), or the line 8 arresting officer shall indicate, on a form to be established by the line 9 officer’s employing law enforcement agency, which of the line 10 following was a reason for the nonrelease:
line 11 (1)  The person arrested was so intoxicated that they could have line 12 been a danger to themselves or to others.
line 13 (2)  The person arrested required medical examination or medical line 14 care or was otherwise unable to care for their own safety. line 15 (3)  The person was arrested under one or more of the line 16 circumstances listed in Sections 40302 and 40303 of the Vehicle line 17 Code.
line 18 (4)  There were one or more outstanding arrest warrants for the line 19 person.
line 20 (5)  The person could not provide satisfactory evidence of line 21 personal identification.
line 22 (6)  The prosecution of the offense or offenses for which the line 23 person was arrested, or the prosecution of any other offense or line 24 offenses, would be jeopardized by immediate release of the person line 25 arrested.
line 26 (7)  There was a reasonable likelihood that the offense or offenses line 27 would continue or resume, or that the safety of persons or property line 28 would be imminently endangered by release of the person arrested. line 29 (8)  The person arrested demanded to be taken before a line 30 magistrate or refused to sign the notice to appear. line 31 (9)  There is reason to believe that the person would not appear line 32 at the time and place specified in the notice. The basis for this line 33 determination shall be specifically stated.
line 34 (10)  (A)  The person was subject to Section 1270.1. line 35 (B)  The form shall be filed with the arresting agency as soon line 36 as practicable and shall be made available to any party having line 37 custody of the arrested person, subsequent to the arresting officer, line 38 and to any person authorized by law to release the arrested person line 39 from custody before trial.
97 AB 2943 — 20 —
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line 1 (j)  (1)  Once the arresting officer has prepared the written notice line 2 to appear and has delivered a copy to the person arrested, the officer line 3 shall deliver the remaining original and all copies as provided by line 4 subdivision (e).
line 5 (2)  A person, including the arresting officer and any member line 6 of the officer’s department or agency, or any peace officer, who line 7 alters, conceals, modifies, nullifies, or destroys, or causes to be line 8 altered, concealed, modified, nullified, or destroyed, the face side line 9 of the remaining original or any copy of a citation that was retained line 10 by the officer, for any reason, before it is filed with the magistrate line 11 or with a person authorized by the magistrate to receive deposit line 12 of bail, is guilty of a misdemeanor.
line 13 (3)  If, after an arrested person has signed and received a copy line 14 of a notice to appear, the arresting officer determines that, in the line 15 interest of justice, the citation or notice should be dismissed, the line 16 arresting agency may recommend, in writing, to the magistrate line 17 that the charges be dismissed. The recommendation shall cite the line 18 reasons for the recommendation and shall be filed with the court. line 19 (4)  If the magistrate makes a finding that there are grounds for line 20 dismissal, the finding shall be entered in the record and the charges line 21 dismissed.
line 22 (5)  A personal relationship with any officer, public official, or line 23 law enforcement agency shall not be grounds for dismissal. line 24 (k)  (1)  A person contesting a charge by claiming under penalty line 25 of perjury not to be the person issued the notice to appear may line 26 choose to submit a right thumbprint, or a left thumbprint if the line 27 person has a missing or disfigured right thumb, to the issuing court line 28 through the person’s local law enforcement agency for comparison line 29 with the one placed on the notice to appear. A local law line 30 enforcement agency providing this service may charge the requester line 31 no more than the actual costs. The issuing court may refer the line 32 thumbprint submitted and the notice to appear to the prosecuting line 33 attorney for comparison of the thumbprints. When there is no line 34 thumbprint or fingerprint on the notice to appear, or when the line 35 comparison of thumbprints is inconclusive, the court shall refer line 36 the notice to appear, or a copy thereof, back to the issuing agency line 37 for further investigation, unless the court finds that referral is not line 38 in the interest of justice.
97 — 21 — AB 2943
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line 1 (2)  Upon initiation of the investigation or comparison process line 2 by referral of the court, the court shall continue the case and the line 3 speedy trial period shall be tolled for 45 days. line 4 (3)  Upon receipt of the issuing agency’s or prosecuting line 5 attorney’s response, the court may make a finding of factual line 6 innocence pursuant to Section 530.6 if the court determines that line 7 there is insufficient evidence that the person cited is the person line 8 charged and shall immediately notify the Department of Motor line 9 Vehicles of its determination. If the Department of Motor Vehicles line 10 determines the citation or citations in question formed the basis line 11 of a suspension or revocation of the person’s driving privilege, the line 12 department shall immediately set aside the action. line 13 (4)  If the prosecuting attorney or issuing agency fails to respond line 14 to a court referral within 45 days, the court shall make a finding line 15 of factual innocence pursuant to Section 530.6, unless the court line 16 finds that a finding of factual innocence is not in the interest of line 17 justice.
line 18 (5)  The citation or notice to appear may be held by the line 19 prosecuting attorney or issuing agency for future adjudication line 20 should the arrestee who received the citation or notice to appear line 21 be found.
line 22 (l)  For purposes of this section, the term “arresting agency” line 23 includes any other agency designated by the arresting agency to line 24 provide booking or fingerprinting services.
line 25 (m)  This section shall become operative January 1, 2031. line 26 SEC. 9.
line 27 SEC. 6. Section 1001.82 of the Penal Code is amended to read:
line 28 1001.82. This chapter shall remain in effect only until January line 29 1, 2031, and as of that date is repealed.
line 30 SEC. 10.
line 31 SEC. 7. Section 1203g is added to the Penal Code, to read:
line 32 1203g. (a)  Notwithstanding Section 1203a, for a violation of line 33 shoplifting, as defined in Section 459.5, or petty theft, as described line 34 in Section 488 or 490.2, the court may suspend the imposition or line 35 execution of the sentence and make and enforce the terms of line 36 probation for a period not to exceed two years. line 37 (b)  If a court imposes a term of probation that exceeds the line 38 maximum period of time specified in subdivision (a) of Section line 39 1203a, the court, as a condition of probation, shall consider line 40 referring the defendant to a collaborative court or rehabilitation 97 AB 2943 — 22 —
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line 1 program that is relevant to the underlying factor or factors that led line 2 to the commission of the offense. If the court finds that referral to line 3 a collaborative court or rehabilitation program is not an appropriate line 4 condition of probation, it must state the reasons for its finding on line 5 the record.
line 6 (c)  Upon successful completion of the rehabilitation program, line 7 as determined by the program provider, or successful participation line 8 in the collaborative court, as determined by the collaborative court, line 9 the court shall discharge the defendant from probation. line 10 (d)  Participation in a collaborative court or a rehabilitation line 11 program by the defendant shall not exceed the maximum period line 12 of time of probation specified in subdivision (a), except with the line 13 consent of the defendant.
line 14 SEC. 11.
line 15 SEC. 8. No reimbursement is required by this act pursuant to line 16 Section 6 of Article XIIIB of the California Constitution for certain line 17 costs that may be incurred by a local agency or school district line 18 because, in that regard, this act creates a new crime or infraction, line 19 eliminates a crime or infraction, or changes the penalty for a crime line 20 or infraction, within the meaning of Section 17556 of the line 21 Government Code, or changes the definition of a crime within the line 22 meaning of Section 6 of Article XIII B of the California line 23 Constitution.
line 24 However, if the Commission on State Mandates determines that line 25 this act contains other costs mandated by the state, reimbursement line 26 to local agencies and school districts for those costs shall be made line 27 pursuant to Part 7 (commencing with Section 17500) of Division line 28 4 of Title 2 of the Government Code.
line 29
line 30
CORRECTIONS: line 31
Heading—Line 5. line 32
line 33
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97 — 23 — AB 2943
Item #10. Page 45
Meeting Date: 4/23/2024 / Packet Page #: 417
AMENDED IN ASSEMBLY APRIL 11, 2024
AMENDED IN ASSEMBLY APRIL 1, 2024
california legislature—2023–24 regular session
ASSEMBLY BILL No. 1794
Introduced by Assembly Members McCarty and Friedman
(Coauthors: Assembly Members Alanis and Lackey)
January 4, 2024
An act to amend Section 487 of, and to add and repeal Section 746 of, to, the Penal Code, relating to crimes.
legislative counsel’s digest
AB 1794, as amended, McCarty. Crimes: larceny.

Existing law, the Safe Neighborhoods and Schools Act, enacted as an initiative statute by Proposition 47, as approved by the electors at the November 4, 2014, statewide general election, makes the theft of money, labor, or property petty theft punishable as a misdemeanor, whenever the value of the property taken does not exceed $950. Under existing law, if the value of the property taken exceeds $950, the theft is grand theft, punishable as a misdemeanor or a felony. Proposition 47 requires shoplifting, defined as entering a commercial establishment with the intent to commit larceny if the value of the property taken does not exceed $950, to be punished as a misdemeanor.

Under existing law, if the value of all property taken over the course of distinct but related acts motivated by one intention, general impulse, and plan exceeds $950, those values may be aggregated into a single charge of grand theft.

This bill would clarify that those values may be aggregated even though the thefts occurred in different places or from different victims.

97 Item #10. Page 46
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The bill would also, declarative of existing law, provide that circumstantial evidence may be used to prove that multiple thefts were motivated by one intention, general impulse, and plan.

The bill would, until January 1, 2030, would also authorize counties to operate a program to allow retailers to submit details of alleged shoplifting shoplifting, organized retail theft, or grand theft directly to the county district attorney through an online portal on the district attorney’s internet website. The bill would require counties that participate in the program to conduct an evaluation and collect specified information, and to report that information to the Department of Justice, Assembly and Senate Public Safety Committees and the Board of State and Community Corrections, as specified.

Vote: majority. Appropriation: no. Fiscal committee: yes.

State-mandated local program: no.

The people of the State of California do enact as follows:
line 1 SECTION 1. Section 487 of the Penal Code is amended to line 2 read:
line 3 487. Grand theft is theft committed in any of the following line 4 cases:
line 5 (a)  When the money, labor, real property, or personal property line 6 taken is of a value exceeding nine hundred fifty dollars ($950), line 7 except as provided in subdivision (b).
line 8 (b)  Notwithstanding subdivision (a), grand theft is committed line 9 in any of the following cases:
line 10 (1)  (A)  When domestic fowls, avocados, olives, citrus or line 11 deciduous fruits, other fruits, vegetables, nuts, artichokes, or other line 12 farm crops are taken of a value exceeding two hundred fifty dollars line 13 ($250).
line 14 (B)  For the purposes of establishing that the value of domestic line 15 fowls, avocados, olives, citrus or deciduous fruits, other fruits, line 16 vegetables, nuts, artichokes, or other farm crops under this line 17 paragraph exceeds two hundred fifty dollars ($250), that value line 18 may be shown by the presentation of credible evidence which line 19 establishes that on the day of the theft domestic fowls, avocados, line 20 olives, citrus or deciduous fruits, other fruits, vegetables, nuts, line 21 artichokes, or other farm crops of the same variety and weight line 22 exceeded two hundred fifty dollars ($250) in wholesale value. 97 AB 1794 — 2 —
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line 1 (2)  When fish, shellfish, mollusks, crustaceans, kelp, algae, or line 2 other aquacultural products are taken from a commercial or line 3 research operation which is producing that product, of a value line 4 exceeding two hundred fifty dollars ($250).
line 5 (3)  Where the money, labor, real property, or personal property line 6 is taken by a servant, agent, or employee from their principal or line 7 employer and aggregates nine hundred fifty dollars ($950) or more line 8 in any 12 consecutive month period.
line 9 (c)  When the property is taken from the person of another. line 10 (d)  When the property taken is any of the following:
line 11 (1)  An automobile.
line 12 (2)  A firearm.
line 13 (e)  (1)  If the value of the money, labor, real property, or line 14 personal property taken exceeds nine hundred fifty dollars ($950) line 15 over the course of distinct but related acts, including takings from line 16 multiple places or multiple victims, the value of the money, labor, line 17 real property, or personal property taken may properly be line 18 aggregated to charge a count of grand theft, if the acts are motivated line 19 by one intention, one general impulse, and one plan. line 20 (2)  Circumstantial evidence may be used to determine whether line 21 multiple takings are committed pursuant to one intention, general line 22 impulse, and plan. The following types of evidence are relevant, line 23 but not exclusive, in determining whether a defendant acted with line 24 a single intent, impulse, and plan in committing a series of thefts:
line 25 (A)  Whether the defendant took particular items of property. line 26 (B)  Whether the defendant took the property within a short time line 27 span or similar location.
line 28 (C)  Whether the defendant employed a single method to take line 29 the property.
line 30 SEC. 2. Section 746 is added to the Penal Code, to read:
line 31 746. (a)  Counties The CAL-Fast Pass Program is hereby line 32 created.
line 33 (b)  Counties may operate a program to allow retail stores to line 34 submit investigative reports to prosecutors for the prosecutors to line 35 determine whether to file charges for retail theft. The program line 36 shall allow retailers to submit details of alleged shoplifting line 37 shoplifting, organized retail theft, or grand theft directly to the line 38 county district attorney through an online portal on the district line 39 attorney’s internet website. The district attorney may use these 97 — 3 — AB 1794
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line 1 submissions to determine whether further investigation is necessary line 2 and whether to file charges.
line 3 (c)  Counties that establish a CAL-Fast Pass program may apply line 4 for funding under the Organized Retail Theft Prevention Grant line 5 Program, established pursuant to Item 5227-117-0001 of Section line 6 2.00 of the Budget Act of 2022 (Chs. 43, 45, and 249, Stats. 2022), line 7 and the Organized Retail Theft Vertical Prosecution Grant line 8 Program, administered by the Board of State and Community line 9 Corrections and established pursuant to Item 5227-118-0001 of line 10 Section 2.00 of the Budget Act of 2022 (Chs. 43, 45, and 249, Stats. line 11 2022), to fund the program.
line 12 (b)
line 13 (d)  Each county that operates a program pursuant to this section line 14 shall establish criteria on the types of cases they may investigate. line 15 The cases the program may investigate shall include, but not be line 16 limited to, cases that meet any of the following criteria:
line 17 (1)  A five-hundred-dollar ($500) minimum value of stolen line 18 property, or the defendant was acting in concert or committing line 19 repeated thefts. property.
line 20 (2)  The defendant was acting in concert with others or line 21 committing repeated thefts.
line 22 (2)
line 23 (3)  The theft was a felony offense.
line 24 (3)
line 25 (4)  The case involves threats of violence.
line 26 (4)
line 27 (5)  There is video evidence of the theft.
line 28 (5)
line 29 (6)  There is a positive identification of the suspect. line 30 (c)
line 31 (e)  (1)  A county that establishes a program pursuant to this line 32 section shall conduct an annual evaluation of the pilot program’s line 33 impact and effectiveness in their county. The evaluation shall line 34 include, but not be limited to, evaluating the pilot program’s impact line 35 on overall retail theft countywide, if any, and its effectiveness with line 36 respect to theft reports investigated by the county district attorney’s line 37 office.
line 38 (2)  Counties may contract with an independent entity, including, line 39 but not limited to, the Regents of the University of California, for 97 AB 1794 — 4 —
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line 1 the purposes of conducting the evaluation and preparing the report line 2 pursuant to this subdivision.
line 3 (3)  Counties establishing a program pursuant to this section line 4 shall submit an annual report to the Department of Justice Assembly line 5 and Senate Public Safety Committees and the Board of State and line 6 Community Corrections on December 31 each year, starting on line 7 December 31, 2026. The report shall include, but not be limited line 8 to, all of the following:
line 9 (A)  The number of theft reports from retailers to the county line 10 district attorney’s office.
line 11 (B)  The number of theft reports investigated by the county line 12 district attorney’s office.
line 13 (C)  The number of criminal charges filed by the county district line 14 attorney’s office in response to the theft reports. line 15 (D)  The conviction rates and jail or prison time sentenced by line 16 the judge or jury in response to the theft reports. line 17 (E)  The report based on the evaluation conducted pursuant to line 18 paragraph (1).
line 19 (d)  This chapter shall remain in effect only until January 1, line 20 2031, and as of that date is repealed, unless a later enacted statute, line 21 which is enacted before January 1, 2030, deletes or extends that line 22 date.

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97 — 5 — AB 1794
Item #10. Page 50
Meeting Date: 4/23/2024 / Packet Page #: 422
AMENDED IN ASSEMBLY MARCH 11, 2024
california legislature—2023–24 regular session
ASSEMBLY BILL No. 1779
Introduced by Assembly Member Irwin
(Principal coauthors: Assembly Members Cervantes and Petrie-Norris) (Coauthors: Assembly Members Alanis, Juan Carrillo, Dixon, Flora, Hoover, Lackey, Stephanie Nguyen, Pacheco, Ramos, Villapudua, Wallis, and Zbur)
(Coauthors: Senators Alvarado-Gil, Newman, Niello, and Wilk) January 3, 2024
An act to amend Section 786.5 of the Penal Code, relating to crimes. legislative counsel’s digest
AB 1779, as amended, Irwin. Theft: jurisdiction.

Existing law defines types of theft, including petty theft, grand theft, and shoplifting. Existing law also defines the crimes of robbery and burglary. Existing law sets forth specific rules relating to the jurisdiction for the prosecution of theft by fraud, organized retail theft, and receiving stolen property, including that the jurisdiction for prosecution includes the county where an offense involving the theft or receipt of the stolen merchandise occurred, the county in which the merchandise was recovered, or the county where any act was done by the defendant in instigating, procuring, promoting, or aiding or abetting in the commission of a theft offense or other qualifying offense. Existing law jurisdictionally limits prosecution of each of the above to criminal actions brought by the Attorney General.

This bill would no longer limit the jurisdictional rules for the above crimes to criminal actions brought by the Attorney General. If a case is brought by someone other than the Attorney General, the bill would

Revised 4-10-24—See last page. 98
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require the prosecution to present written evidence in the jurisdiction of the proposed trial that all district attorneys in counties with jurisdiction over the offenses agree to the venue. The bill would require charged offenses from jurisdictions where there is not a written agreement from the district attorney to be returned to that jurisdiction.

Vote: majority. Appropriation: no. Fiscal committee: no.

State-mandated local program: no.

The people of the State of California do enact as follows:
line 1 SECTION 1. Section 786.5 of the Penal Code is amended to line 2 read:
line 3 786.5. (a) The jurisdiction of a criminal action brought by the line 4 Attorney General for theft, as defined in subdivision (a) of Section line 5 484, or a violation of Section 490.4 or 496, shall also include the line 6 county where an offense involving the theft or receipt of the stolen line 7 merchandise occurred, the county in which the merchandise was line 8 recovered, or the county where any act was done by the defendant line 9 in instigating, procuring, promoting, or aiding in the commission line 10 of a theft offense or a violation of Section 490.4 or 496 or in line 11 abetting the parties concerned therein. If multiple offenses of theft line 12 or violations of Section 490.4 or 496, either all involving the same line 13 defendant or defendants and the same merchandise, or all involving line 14 the same defendant or defendants and the same scheme or line 15 substantially similar activity, occur in multiple jurisdictions, then line 16 any of those jurisdictions are a proper jurisdiction for all of the line 17 offenses. Jurisdiction also extends to all associated offenses line 18 connected together in their commission to the underlying theft line 19 offenses or violations of Section 490.4 or 496. line 20 (b) The jurisdiction of a criminal action for theft, as defined in line 21 subdivision (a) of Section 484, or a violation of Section 490.4 or line 22 496, shall also include the county where an offense involving the line 23 theft or receipt of the stolen merchandise occurred, the county in line 24 which the merchandise was recovered, or the county where any line 25 act was done by the defendant in instigating, procuring, promoting, line 26 or aiding in the commission of a theft offense or a violation of line 27 Section 490.4 or 496 or in abetting the parties concerned therein. line 28 If multiple offenses of theft or violations of Section 490.4 or 496, line 29 either all involving the same defendant or defendants and the same line 30 merchandise, or all involving the same defendant or defendants 98 AB 1779 — 2 —
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line 1 and the same scheme or substantially similar activity, occur in line 2 multiple jurisdictions, then any of those jurisdictions are a proper line 3 jurisdiction for all of the offenses. Jurisdiction also extends to all line 4 associated offenses connected together in their commission to the line 5 underlying theft offenses or violations of Section 490.4 or 496. In line 6 the jurisdiction of a proposed trial, the prosecution shall present line 7 written evidence that all district attorneys in counties with line 8 jurisdiction over the offenses agree to the venue. Charged offenses line 9 from jurisdictions where there is not a written agreement from the line 10 district attorney shall be returned to that jurisdiction. line 11
line 12
REVISIONS: line 13
Heading—Line 3. line 14
line 15
O
98 — 3 — AB 1779
Item #10. Page 53
Meeting Date: 4/23/2024 / Packet Page #: 425
AMENDED IN ASSEMBLY APRIL 11, 2024
california legislature—2023–24 regular session
ASSEMBLY BILL No. 1972
Introduced by Assembly Member Alanis
(Principal coauthor: Assembly Member Vince Fong)
(Coauthors: Assembly Members Juan Carrillo, Megan Dahle, Davies, Hoover, Lackey, Villapudua, Wallis, and Zbur)
(Coauthors: Senators Alvarado-Gil, Bradford, Newman, and Wilk) January 30, 2024
An act to amend Section 490.4 13899 of the Penal Code, relating to theft.
legislative counsel’s digest
AB 1972, as amended, Alanis. Organized retail theft: cargo. Regional property crimes task force.

Existing law authorizes the Governor to appoint and commission individuals designated by a railroad company to serve as police officers.

Existing law, until January 1, 2026, requires the Department of the California Highway Patrol to coordinate with the Department of Justice to convene a regional property crimes task force to identify geographic areas experiencing increased levels of property crimes and assist local law enforcement with resources, such as personnel and equipment.

This bill would require the task force to assist railroad police and would specify cargo theft as a property crime for consideration by the regional property crimes task force.

Existing law makes a person guilty of organized retail theft if, among other things, the person acts in concert with one or more persons to steal merchandise from one or more merchant’s premises or online marketplace with the intent to sell, exchange, or return the merchandise

98 Item #10. Page 54
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for value. Under existing law, these crimes are punishable as either misdemeanors or felonies, as specified.

This bill would expand that crime to include merchandise stolen from a merchant’s cargo. By expanding the scope of a crime, this bill would create a state-mandated local program.

The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state.

Statutory provisions establish procedures for making that reimbursement.

This bill would provide that no reimbursement is required by this act for a specified reason.

Vote: majority. Appropriation: no. Fiscal committee: yes.

State-mandated local program: yes no.

The people of the State of California do enact as follows:
line 1 SECTION 1. Section 13899 of the Penal Code is amended to line 2 read:
line 3 13899. The Department of the California Highway Patrol shall, line 4 in coordination with the Department of Justice, convene a regional line 5 property crimes task force to assist local law enforcement and line 6 railroad police, as described in Section 8226 of the Public Utilities line 7 Code, in counties identified by the Department of the California line 8 Highway Patrol as having elevated levels of property crime, line 9 including, but not limited to, organized retail theft, cargo theft, line 10 vehicle burglary, and theft of vehicle parts and accessories. The line 11 task force shall provide local law enforcement and railroad police line 12 in the identified region with logistical support and other law line 13 enforcement resources, including, but not limited to, personnel line 14 and equipment, as determined to be appropriate by the line 15 Commissioner of the California Highway Patrol in consultation line 16 with task force members.
line 17 SECTION 1. Section 490.4 of the Penal Code is amended to line 18 read:
line 19 490.4. (a)  A person who commits any of the following acts is line 20 guilty of organized retail theft, and shall be punished pursuant to line 21 subdivision (b):
line 22 (1)  Acts in concert with one or more persons to steal line 23 merchandise from one or more merchant’s premises, cargo, or line 24 online marketplace with the intent to sell, exchange, or return the line 25 merchandise for value.
98 AB 1972 — 2 —
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line 1 (2)  Acts in concert with two or more persons to receive, line 2 purchase, or possess merchandise described in paragraph (1), line 3 knowing or believing it to have been stolen.
line 4 (3)  Acts as an agent of another individual or group of individuals line 5 to steal merchandise from one or more merchant’s premises or line 6 online marketplaces as part of an organized plan to commit theft. line 7 (4)  Recruits, coordinates, organizes, supervises, directs, line 8 manages, or finances another to undertake any of the acts described line 9 in paragraph (1) or (2) or any other statute defining theft of line 10 merchandise.
line 11 (b)  Organized retail theft is punishable as follows:
line 12 (1)  If violations of paragraph (1), (2), or (3) of subdivision (a) line 13 are committed on two or more separate occasions within a line 14 12-month period, and if the aggregated value of the merchandise line 15 stolen, received, purchased, or possessed within that 12-month line 16 period exceeds nine hundred fifty dollars ($950), the offense is line 17 punishable by imprisonment in a county jail not exceeding one line 18 year or pursuant to subdivision (h) of Section 1170. line 19 (2)  Any other violation of paragraph (1), (2), or (3) of line 20 subdivision (a) that is not described in paragraph (1) of this line 21 subdivision is punishable by imprisonment in a county jail not line 22 exceeding one year.
line 23 (3)  A violation of paragraph (4) of subdivision (a) is punishable line 24 by imprisonment in a county jail not exceeding one year or line 25 pursuant to subdivision (h) of Section 1170.
line 26 (c)  For the purpose of determining whether the defendant acted line 27 in concert with another person or persons in any proceeding, the line 28 trier of fact may consider any competent evidence, including, but line 29 not limited to, all of the following:
line 30 (1)  The defendant has previously acted in concert with another line 31 person or persons in committing acts constituting theft, or any line 32 related offense, including any conduct that occurred in counties line 33 other than the county of the current offense, if relevant to line 34 demonstrate a fact other than the defendant’s disposition to commit line 35 the act.
line 36 (2)  That the defendant used or possessed an artifice, instrument, line 37 container, device, or other article capable of facilitating the removal line 38 of merchandise from a retail establishment without paying the line 39 purchase price and use of the artifice, instrument, container, or line 40 device or other article is part of an organized plan to commit theft. 98 — 3 — AB 1972
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line 1 (3)  The property involved in the offense is of a type or quantity line 2 that would not normally be purchased for personal use or line 3 consumption and the property is intended for resale. line 4 (d)  In a prosecution under this section, the prosecutor shall not line 5 be required to charge any other coparticipant of the organized retail line 6 theft.
line 7 (e)  Upon conviction of an offense under this section, the court line 8 shall consider ordering, as a condition of probation, that the line 9 defendant stay away from retail establishments with a reasonable line 10 nexus to the crime committed.
line 11 (f)  This section shall remain in effect only until January 1, 2026, line 12 and as of that date is repealed.
line 13 SEC. 2. No reimbursement is required by this act pursuant to line 14 Section 6 of Article XIIIB of the California Constitution because line 15 the only costs that may be incurred by a local agency or school line 16 district will be incurred because this act creates a new crime or line 17 infraction, eliminates a crime or infraction, or changes the penalty line 18 for a crime or infraction, within the meaning of Section 17556 of line 19 the Government Code, or changes the definition of a crime within line 20 the meaning of Section 6 of Article XIII B of the California line 21 Constitution.

O
98 AB 1972 — 4 —
Item #10. Page 57
Meeting Date: 4/23/2024 / Packet Page #: 429
AMENDED IN ASSEMBLY APRIL 1, 2024
california legislature—2023–24 regular session
ASSEMBLY BILL No. 3209
Introduced by Assembly Member Members Berman and
Robert Rivas
February 16, 2024
An act to amend Section 66023.5 of the Education Code, add Section 490.8 to the Penal Code, relating to public postsecondary education. crimes.
legislative counsel’s digest
AB 3209, as amended, Berman. Community colleges: Basic Needs Coordinator and Center. Crimes: theft: retail theft restraining orders.

Existing law prohibits the theft of merchandise from a retail establishment. Existing law authorizes a court, upon sentencing a person for specified offenses, including stalking and elder abuse, to issue a criminal protective order prohibiting the person from contacting any victim of their offense.

This bill would authorize a court, when sentencing a person for an offense involving theft from a retail establishment, vandalism of a retail establishment, or battery of an employee of a retail establishment, to issue a criminal protective order prohibiting a person from entering the retail establishment, including any parking lots and including other franchise or chain locations of the retail establishment, as specified.

The bill would also authorize a prosecuting attorney, city attorney, county counsel, or attorney representing a retail establishment to file a petition for the issuance of a criminal protective order of this type against a person who has been arrested 2 or more times for any of the offenses at the same retail establishment, as specified.

Revised 4-10-24—See last page. 98
Item #10. Page 58
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The bill would make a violation of these orders punishable as a misdemeanor. By creating a new crime, this bill would impose a state-mandated local program.

Existing law requires a person arrested for a misdemeanor to be issued a written notice to appear and to be released upon their signed promise to appear, except as otherwise provided.

This bill would exempt a violation of a retail establishment restraining order from that requirement.

The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state.

Statutory provisions establish procedures for making that reimbursement.

This bill would provide that no reimbursement is required by this act for a specified reason.

Existing law establishes the California Community Colleges, under the administration of the Board of Governors of the California Community Colleges, as one of the 3 segments of public postsecondary education in this state. Existing law establishes community college districts throughout the state, and authorizes them to provide instruction to students at community college campuses.

Existing law requires each campus of the California Community Colleges, no later than July 1, 2022, to establish the position of Basic Needs Coordinator to assist students with on- and off-campus housing, food, mental health, and other basic needs services and resources, among other responsibilities, and to establish a Basic Needs Center where basic needs services, resources, and staff are made available to students, as specified. Existing law requires each community college campus to report certain information to the office of the Chancellor of the California Community Colleges related to basic needs services and resources. Existing law requires the chancellor’s office to develop and submit a report to the Governor and the Legislature every year beginning on or before May 1, 2023, based on the data and information received from campuses and information on the use of funds made available to implement these provisions.

This bill would instead require the chancellor’s office to develop and submit the report to the Governor and the Legislature every year on or before June 1, as provided.

Vote: majority. Appropriation: no. Fiscal committee: no yes.

State-mandated local program: no yes.
98 AB 3209 — 2 —
Item #10. Page 59
Meeting Date: 4/23/2024 / Packet Page #: 431
The people of the State of California do enact as follows:
line 1 SECTION 1. Section 490.8 is added to the Penal Code, to read:
line 2 490.8. (a)  A court sentencing a defendant for any violation line 3 described in subdivision (b) shall consider issuing an order line 4 restraining the defendant from entering the premises of the retail line 5 establishment, that may be valid for up to two years, as determined line 6 by the court.
line 7 (b)  This section shall apply to a person convicted of any of the line 8 following offenses:
line 9 (1)  Shoplifting in violation of Section 459.5.
line 10 (2)  Any theft, including a violation of Section 487 or 488, from line 11 a retail establishment.
line 12 (3)  Organized retail theft in violation of Section 490.4. line 13 (4)  Any vandalism of a retail establishment in violation of line 14 Section 594.
line 15 (5)  Any assault or battery of an employee of a retail line 16 establishment while that person is working at the retail line 17 establishment, including a violation of Section 240, 242, or 245. line 18 (c)  (1)  An order issued pursuant to this section shall prohibit line 19 the restrained person from entering the retail establishment, or line 20 being present on the grounds of, or any parking lot adjacent to, line 21 the retail establishment.
line 22 (2)  If the retail establishment is part of a chain or franchise, line 23 the court may include other retail establishments in that chain or line 24 franchise within a specified geographic range in the order. line 25 (d)  In determining whether to impose a retail crime restraining line 26 order, the court shall consider whether the retail establishment is line 27 the only place that sells food, pharmaceuticals, or other basic life line 28 necessities within one mile of where the individual resides, or line 29 otherwise creates undue hardship for the individual. line 30 (e)  (1)  A prosecuting attorney, city attorney, county counsel, line 31 or attorney representing a retail establishment may file a petition line 32 requesting a retail crime restraining order for an individual who line 33 has been arrested two or more times for any of the offenses listed line 34 in subdivision (b) within the same retail establishment. line 35 (2)  An order issued pursuant to this subdivision shall be issued line 36 after a hearing.
98 — 3 — AB 3209
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line 1 (3)  The respondent shall be personally served with notice of the line 2 hearing and shall be entitled to representation by court-appointed line 3 counsel.
line 4 (4)  The petitioner shall bear the burden of proving, by a line 5 preponderance of the evidence, that the respondent, on two or line 6 more separate occasions, committed an offense described in line 7 subdivision (b) within the retail establishment or on the grounds line 8 thereof.
line 9 (5)  The court may issue an order restraining the respondent line 10 from entering the premises of the retail establishment for a period line 11 not to exceed two years if the court finds by a preponderance of line 12 the evidence that both of the following are true:
line 13 (A)  The respondent, on two or more separate occasions, line 14 committed an offense described in subdivision (b) within the retail line 15 establishment or on the grounds thereof.
line 16 (B)  There is a substantial likelihood that the individual will line 17 return to the retail establishment.
line 18 (6)  (A)  An order issued pursuant to this subdivision shall line 19 prohibit the restrained person from entering the retail line 20 establishment, or being present on the grounds of, or any parking line 21 lot adjacent to, the retail establishment.
line 22 (B)  If the retail establishment is part of a chain or franchise, line 23 the court may include other retail establishments in that chain or line 24 franchise within a specified geographic range in the order. line 25 (f)  A violation of an order issued pursuant to this section is line 26 punishable as a misdemeanor. Declarative of existing law, line 27 prosecution under this section shall not preclude prosecution for line 28 any other offenses committed during a violation of this section. line 29 (g)  Notwithstanding Section 853.6, an officer arresting a person line 30 for a violation of this section is not required to release the person line 31 pursuant to a written notice to appear.
line 32 (h)  Declarative of existing law, a court may offer an individual line 33 charged with a violation of this section an opportunity to line 34 participate in a diversion program for which they are eligible, line 35 including those described in Title 6 (commencing with Section line 36 976) of Part 2.
line 37 SEC. 2. No reimbursement is required by this act pursuant to line 38 Section 6 of Article XIII B of the California Constitution because line 39 the only costs that may be incurred by a local agency or school line 40 district will be incurred because this act creates a new crime or 98 AB 3209 — 4 —
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line 1 infraction, eliminates a crime or infraction, or changes the penalty line 2 for a crime or infraction, within the meaning of Section 17556 of line 3 the Government Code, or changes the definition of a crime within line 4 the meaning of Section 6 of Article XIII B of the California line 5 Constitution.
line 6 SECTION 1. Section 66023.5 of the Education Code is line 7 amended to read:
line 8 66023.5. (a)  As used in this section:
line 9 (1)  “Basic needs services and resources” includes, but is not line 10 limited to, housing, food, clothing, feminine hygiene, diapers, line 11 technology, childcare, and mental health services and resources. line 12 (2)  “Coordinator” means a basic needs coordinator established line 13 pursuant to this section.
line 14 (b)  Each campus of the California Community Colleges shall line 15 do all of the following:
line 16 (1)  No later than July 1, 2022, establish the position of the Basic line 17 Needs Coordinator, and designate a staff person as the Basic Needs line 18 Coordinator to serve as the single point of contact for students line 19 experiencing basic needs insecurity related to basic needs services line 20 and resources. The coordinator shall act as a broker in identifying, line 21 supporting, and linking students to on- and off-campus housing, line 22 food, mental health, and other basic needs services and resources. line 23 To ensure the effectiveness and impact of this position, the line 24 coordinator shall be a dedicated position solely focused on line 25 addressing the basic needs of students and meet qualifications such line 26 as experience providing services to high-need and diverse line 27 populations. The coordinator shall oversee and coordinate with line 28 other staff tasked with addressing students’ basic needs, shall line 29 inform students of all on- and off-campus basic needs services and line 30 resources and how to access them, and shall develop on- and line 31 off-campus partnerships to provide basic needs services and line 32 resources to their students.
line 33 (2)  (A)  No later than July 1, 2022, establish a Basic Needs line 34 Center, which means a central location on campus where basic line 35 needs services, resources, and staff are made available to students. line 36 The Basic Needs Center is intended to be a one-stop, single location line 37 and point of contact for students to more easily access and gain line 38 awareness of basic needs services and resources. The campus shall line 39 make a reasonable effort to locate all on-campus basic needs line 40 services and resources at the Basic Needs Center. If the campus 98 — 5 — AB 3209
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line 1 cannot reasonably locate all basic needs services or resources at line 2 the Basic Needs Center, the campus shall provide students with line 3 the location and contact information, including name, telephone line 4 number, and email address, for all basic needs services and line 5 resources not located in the Basic Needs Center. The coordinator line 6 shall be housed in the Basic Needs Center.
line 7 (B)  Each Basic Needs Center shall help ensure that students line 8 have the information they need to enroll in CalFresh, the California line 9 Earned Income Tax Credit (CalEITC), the Young Child Tax Credit line 10 (YCTC), the California Special Supplemental Food Program for line 11 Women, Infants, and Children (WIC), and other relevant line 12 government benefits programs. Each Basic Needs Center shall line 13 coordinate with their campus financial aid department or financial line 14 aid office. This section shall not be construed to require or line 15 encourage the Basic Needs Center to be combined or colocated line 16 with the financial aid department or financial aid office. The line 17 funding made available by the Budget Act of 2021 to implement line 18 this section, or any subsequent Budget Act or statute to implement line 19 this section, shall not be used to combine or colocate the Basic line 20 Needs Center with the financial aid department or financial aid line 21 office and shall not be used for the administration of student line 22 financial aid programs, including staffing. Each Basic Needs Center line 23 shall connect students to the financial aid department or financial line 24 aid office as appropriate to ensure that students are receiving all line 25 available financial aid. Each Basic Needs Center shall coordinate line 26 with their local homelessness response system to refer students to line 27 community resources available to address homelessness in addition line 28 to services and resources provided by the campus. Basic Needs line 29 Centers shall be authorized to provide support to students who can line 30 be reasonably expected to enroll in the upcoming term and to line 31 provide support to students during summer and winter breaks who line 32 were previously enrolled or are enrolled for the upcoming fall or line 33 spring term.
line 34 (C)  Campuses shall endeavor, to the extent feasible, to use a line 35 portion of any funds made available for basic needs support for line 36 providing funds directly to students to address urgent needs. To line 37 the extent that a Basic Needs Center is already in place, that center line 38 may be used to satisfy the requirements of this section. If the line 39 existing Basic Needs Center fulfills only part of the requirements 98 AB 3209 — 6 —
Item #10. Page 63
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line 1 of this section, basic needs services and resources shall be expanded line 2 as needed to satisfy all the requirements of this section. line 3 (3)  (A)  No later than February 1, 2022, develop a document line 4 that shall be provided to students at the Basic Needs Center, once line 5 established pursuant to paragraph (2), in either electronic format line 6 or paper form, and that shall be made available to students online, line 7 that clearly lists all on- and off-campus basic needs services and line 8 resources that includes, but is not necessarily limited to, all of the line 9 following:
line 10 (i)  The description of the service or resource. line 11 (ii)  The location of where the service or resource is provided. line 12 (iii)  The point of contact for the service or resource, including line 13 a name, telephone number, and email address.
line 14 (iv)  Any eligibility restrictions on accessing the service or line 15 resource.
line 16 (B)  Provide the document to students as a part of campus line 17 orientations in either electronic format or paper form. line 18 (C)  Provide to faculty the online link to the electronic format line 19 of the document, the location of the Basic Needs Center, once line 20 established pursuant to paragraph (2), and the contact information line 21 for the coordinator, once designated pursuant to paragraph (1), line 22 and encourage faculty to include the online link to the electronic line 23 format of the document, the location of the Basic Needs Center, line 24 and the contact information for the coordinator in their syllabi. line 25 (D)  To ensure that the document remains useful to students, the line 26 document shall be reviewed, updated, and made available online line 27 on both the internet website of the campus via the student basic line 28 needs tab and the internet website-based student account associated line 29 with a student’s attendance at the institution, as specified in line 30 paragraph (6), no later than the first day of every fall and spring line 31 semester or no later than the first day of every fall and spring line 32 quarter.
line 33 (4)  No later than February 1, 2022, streamline the application line 34 and intake process for on-campus basic needs services and line 35 resources to minimize duplication and eliminate barriers to access. line 36 If an application is required, develop and use a single application line 37 for students to receive on-campus basic needs services and line 38 resources.
line 39 (5)  No later than February 1, 2022, develop and implement a line 40 plan to identify and provide outreach to students, including 98 — 7 — AB 3209
Item #10. Page 64
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line 1 nontraditional students, who have basic needs insecurity related line 2 to housing, food, and mental health. Once the coordinator is line 3 designated pursuant to paragraph (1) and the Basic Needs Center line 4 is established pursuant to paragraph (2), the outreach shall include line 5 information about the coordinator and the Basic Needs Center. line 6 (6)  No later than February 1, 2022, provide a student basic needs line 7 tab that is clearly visible and easily accessible from a drop-down line 8 menu on the home page of the campus’ internet website and include line 9 the information described in paragraph (3) conspicuously on both line 10 the internet website of the campus via the student basic needs tab line 11 and the internet website-based student account associated with a line 12 student’s attendance at the institution. Once the coordinator is line 13 designated pursuant to paragraph (1) and the Basic Needs Center line 14 is established pursuant to paragraph (2), information about the line 15 coordinator and Basic Needs Center shall also be included on both line 16 the internet website of the campus via the student basic needs tab line 17 and the internet website-based student account associated with a line 18 student’s attendance at the institution.
line 19 (c)  (1)  Each campus of the California Community Colleges line 20 shall report to the office of the Chancellor of the California line 21 Community Colleges information that shall include, but not line 22 necessarily be limited to, all of the following:
line 23 (A)  The description and number of basic needs services and line 24 resources, broken down by category.
line 25 (B)  The number of students served by the basic needs services line 26 and resources.
line 27 (C)  The socioeconomic and demographic backgrounds of these line 28 students.
line 29 (D)  Challenges and best practices in the implementation of the line 30 basic needs services and resources.
line 31 (E)  Whether students who used the basic needs services and line 32 resources remained enrolled or graduated from a campus line 33 maintained by the district.
line 34 (F)  The number of students who first started receiving CalFresh line 35 benefits in the previous year and the total number of students in line 36 the previous year who received CalFresh benefits. line 37 (G)  Whether the campus has a data sharing agreement with the line 38 relevant county operating the CalFresh program for the purpose line 39 of identifying new, continuing, and returning students who are 98 AB 3209 — 8 —
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line 1 potentially eligible for CalFresh benefits, or efforts underway to line 2 enact such an agreement.
line 3 (2)  The data and information reported under this subdivision line 4 shall be disaggregated by each basic needs service and resource, line 5 where applicable.
line 6 (d)  The office of the Chancellor of the California Community line 7 Colleges shall develop and submit to the Governor and the line 8 Legislature every year beginning on or before June 1, 2023, a line 9 report based on the data and information reported by campuses line 10 pursuant to subdivision (c) and information on the use of funds line 11 made available to implement this section.
line 12
line 13
REVISIONS: line 14
Heading—Line 1. line 15
line 16
O
98 — 9 — AB 3209
Item #10. Page 66
Meeting Date: 4/23/2024 / Packet Page #: 438
california legislature—2023–24 regular session
ASSEMBLY BILL No. 1960
Introduced by Assembly Member Soria
(Coauthor: Coauthors: Assembly Member Members Alanis,
Stephanie Nguyen, Blanca Rubio, and Villapudua)
January 29, 2024
An act to add Section 12022.6 to the Penal Code, relating to sentencing.
legislative counsel’s digest
AB 1960, as introduced, Soria. Sentencing enhancements: property loss.

State law, repealed as of January 1, 2018, required a court to impose an additional term of imprisonment, as specified, on a person who takes, damages, or destroys property in the commission or attempted commission of a felony, as specified.

This bill would create sentencing enhancements for taking, damaging, or destroying property in the commission or attempted commission of a felony, as specified. By adding new sentencing enhancements, this bill would impose a state-mandated local program.

The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state.

Statutory provisions establish procedures for making that reimbursement.

This bill would provide that no reimbursement is required by this act for a specified reason.

Vote: majority. Appropriation: no. Fiscal committee: yes.

State-mandated local program: yes.

Revised 4-10-24—See last page. 99
Item #10. Page 67
Meeting Date: 4/23/2024 / Packet Page #: 439
The people of the State of California do enact as follows:
line 1 SECTION 1. Section 12022.6 is added to the Penal Code, to line 2 read:
line 3 12022.6. (a)  If a person takes, damages, or destroys property line 4 in the commission or attempted commission of a felony, or line 5 commits a felony in violation of Section 496, the court shall impose line 6 an additional and consecutive term of imprisonment as follows:
line 7 (1)  If the loss or property value exceeds fifty thousand dollars line 8 ($50,000), the court shall impose an additional term of one year. line 9 (2)  If the loss or property value exceeds two hundred thousand line 10 dollars ($200,000), the court shall impose an additional term of line 11 two years.
line 12 (3)  If the loss or property value exceeds one million dollars line 13 ($1,000,000), the court shall impose an additional term of three line 14 years.
line 15 (4)  If the loss or property value exceeds three million dollars line 16 ($3,000,000), the court shall impose an additional term of four line 17 years.
line 18 (5)  For each additional loss or property value of three million line 19 dollars ($3,000,000), the court shall impose a term of one year in line 20 addition to the term specified in paragraph (4). line 21 (b)  In an accusatory pleading involving multiple charges of line 22 taking, damage, or destruction, or multiple violations of Section line 23 496, the additional terms provided in this section may be imposed line 24 if the aggregate losses to the victims or aggregate property values line 25 from all felonies exceed the amounts specified in this section and line 26 arise from a common scheme or plan. All pleadings under this line 27 section are subject to the rules of joinder and severance stated in line 28 Section 954.
line 29 (c)  The additional terms provided in this section shall not be line 30 imposed unless the facts relating to the amounts provided in this line 31 section are charged in the accusatory pleading and admitted by the line 32 defendant or found to be true by the trier of fact. line 33 (d)  Notwithstanding any other law, the court may impose an line 34 enhancement pursuant to this section and another section on a line 35 single count.
line 36 SEC. 2. No reimbursement is required by this act pursuant to line 37 Section 6 of Article XIIIB of the California Constitution because line 38 the only costs that may be incurred by a local agency or school 99 AB 1960 — 2 —
Item #10. Page 68
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line 1 district will be incurred because this act creates a new crime or line 2 infraction, eliminates a crime or infraction, or changes the penalty line 3 for a crime or infraction, within the meaning of Section 17556 of line 4 the Government Code, or changes the definition of a crime within line 5 the meaning of Section 6 of Article XIII B of the California line 6 Constitution.
line 7
line 8
REVISIONS: line 9
Heading—Lines 2 and 3. line 10
line 11
O
99 — 3 — AB 1960
Item #10. Page 69
Meeting Date: 4/23/2024 / Packet Page #: 441
AMENDED IN ASSEMBLY APRIL 1, 2024
california legislature—2023–24 regular session
ASSEMBLY BILL No. 1802
Introduced by Assembly Member Jones-Sawyer
(Coauthors: Assembly Members Cervantes, Lackey, and McKinnor) January 8, 2024
An act to amend Sections 490.4 and 13899.1 of Section 490.4 of, and to repeal Section 13899.1 of, the Penal Code, relating to crimes. legislative counsel’s digest
AB 1802, as amended, Jones-Sawyer. Crimes: organized theft.

Existing law, until January 1, 2026, makes a person guilty of organized retail theft, punishable as a misdemeanor or a felony, as specified, if the person acts in concert with one or more persons to steal merchandise from one or more merchant’s premises or online marketplaces with the intent to sell or return the merchandise for value, acts in concert with 2 or more persons to receive, purchase, or possess merchandise knowing or believing it to have been stolen, acts as an agent of another to steal merchandise from one or more merchant’s premises or online marketplaces as part of an organized plan to commit theft, or recruits, coordinates, organizes, supervises, directs, manages, or finances another to undertake acts of theft.

This bill would extend the operation of the crime of organized retail theft until January 1, 2031. indefinitely. By extending the operation of an existing crime, this bill would create a state-mandated local program.

Revised 4-10-24—See last page. 98
Item #10. Page 70
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areas experiencing increased levels of property crimes and assist local law enforcement with resources, such as personnel and equipment.

The bill would extend the operation of the regional property crimes task force until January 1, 2031. indefinitely.

The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state.

Statutory provisions establish procedures for making that reimbursement.

This bill would provide that no reimbursement is required by this act for a specified reason.

Vote: majority. Appropriation: no. Fiscal committee: yes.

State-mandated local program: yes.

The people of the State of California do enact as follows:
line 1 SECTION 1. Section 490.4 of the Penal Code is amended to line 2 read:
line 3 490.4. (a)  A person who commits any of the following acts is line 4 guilty of organized retail theft, and shall be punished pursuant to line 5 subdivision (b):
line 6 (1)  Acts in concert with one or more persons to steal line 7 merchandise from one or more merchant’s premises or online line 8 marketplace with the intent to sell, exchange, or return the line 9 merchandise for value.
line 10 (2)  Acts in concert with two or more persons to receive, line 11 purchase, or possess merchandise described in paragraph (1), line 12 knowing or believing it to have been stolen.
line 13 (3)  Acts as an agent of another individual or group of individuals line 14 to steal merchandise from one or more merchant’s premises or line 15 online marketplaces as part of an organized plan to commit theft. line 16 (4)  Recruits, coordinates, organizes, supervises, directs, line 17 manages, or finances another to undertake any of the acts described line 18 in paragraph (1) or (2) or any other statute defining theft of line 19 merchandise.
line 20 (b)  Organized retail theft is punishable as follows:
line 21 (1)  If violations of paragraph (1), (2), or (3) of subdivision (a) line 22 are committed on two or more separate occasions within a line 23 12-month period, and if the aggregated value of the merchandise line 24 stolen, received, purchased, or possessed within that 12-month line 25 period exceeds nine hundred fifty dollars ($950), the offense is 98 AB 1802 — 2 —
Item #10. Page 71
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line 1 punishable by imprisonment in a county jail not exceeding one line 2 year or pursuant to subdivision (h) of Section 1170. line 3 (2)  Any other violation of paragraph (1), (2), or (3) of line 4 subdivision (a) that is not described in paragraph (1) of this line 5 subdivision is punishable by imprisonment in a county jail not line 6 exceeding one year.
line 7 (3)  A violation of paragraph (4) of subdivision (a) is punishable line 8 by imprisonment in a county jail not exceeding one year or line 9 pursuant to subdivision (h) of Section 1170.
line 10 (c)  For the purpose of determining whether the defendant acted line 11 in concert with another person or persons in any proceeding, the line 12 trier of fact may consider any competent evidence, including, but line 13 not limited to, all of the following:
line 14 (1)  The defendant has previously acted in concert with another line 15 person or persons in committing acts constituting theft, or any line 16 related offense, including any conduct that occurred in counties line 17 other than the county of the current offense, if relevant to line 18 demonstrate a fact other than the defendant’s disposition to commit line 19 the act.
line 20 (2)  That the defendant used or possessed an artifice, instrument, line 21 container, device, or other article capable of facilitating the removal line 22 of merchandise from a retail establishment without paying the line 23 purchase price and use of the artifice, instrument, container, or line 24 device or other article is part of an organized plan to commit theft. line 25 (3)  The property involved in the offense is of a type or quantity line 26 that would not normally be purchased for personal use or line 27 consumption and the property is intended for resale. line 28 (d)  In a prosecution under this section, the prosecutor shall not line 29 be required to charge any other coparticipant of the organized retail line 30 theft.
line 31 (e)  Upon conviction of an offense under this section, the court line 32 shall consider ordering, as a condition of probation, that the line 33 defendant stay away from retail establishments with a reasonable line 34 nexus to the crime committed.
line 35 (f)  This section shall remain in effect only until January 1, 2031, line 36 and as of that date is repealed.
line 37 SEC. 2. Section 13899.1 of the Penal Code is amended to read:
line 38 13899.1. This chapter shall remain in effect only until January line 39 1, 2031, and as of that date is repealed.
line 40 SEC. 2. Section 13899.1 of the Penal Code is repealed. 98 — 3 — AB 1802
Item #10. Page 72
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line 1 13899.1. This chapter shall remain in effect only until January line 2 1, 2026, and as of that date is repealed.
line 3 SEC. 3. No reimbursement is required by this act pursuant to line 4 Section 6 of Article XIIIB of the California Constitution because line 5 the only costs that may be incurred by a local agency or school line 6 district will be incurred because this act creates a new crime or line 7 infraction, eliminates a crime or infraction, or changes the penalty line 8 for a crime or infraction, within the meaning of Section 17556 of line 9 the Government Code, or changes the definition of a crime within line 10 the meaning of Section 6 of Article XIII B of the California line 11 Constitution.
line 12
line 13
REVISIONS: line 14
Heading—Line 2. line 15
line 16
O
98 AB 1802 — 4 —
Item #10. Page 73
Meeting Date: 4/23/2024 / Packet Page #: 445

STAFF REPORT
TO: MAYOR AND COUNCIL MEMBERS DATE: APRIL 23, 2024
FROM: COMMUNITY DEVELOPMENT DISTRICT(S): 3
SUBJECT: REVIEW OUTDOOR DINING FEE (REQUESTED BY THOMPSON)

RECOMMENDATION
That the City Council:

1. Discuss the existing Outdoor Dining Fee; and

2. Provide direction to City Staff.

STRATEGIC FOCUS AREAS
 Goal 1: Implement Strategic Economic Development (ISED)  Goal 2: Maintain Financial Stability and Sustainability (MFSS)

EXECUTIVE SUMMARY
In spring 2020, the City installed temporary parklets in the Glendora Village to assist restaurants prohibited from serving indoors. What was meant as a temporary program proved successful and led to the purchase and installation of seven permanent parklets serving ten businesses in the Glendora Village.

The installation of permanent parklets required the City to adopt and amend Glendora Municipal Code (GMC) Section 21.06.070(O), CCAP Zoning Development Standards, Sidewalk Dining to add parklet dining provisions. In addition, the GMC was amended to update standards, application requirements, and the approval process referenced in Section 21.06.070(P). The amended GMC CCAP Zoning Development Standards requires businesses using the public right of way (ROW) for outdoor dining to annually submit a completed Outdoor Dining Application and pay an Outdoor Dining Fee.

To cover permitting, the City’s Master Schedule of Fees for Service was amended to include an Outdoor Dining Fee of one hundred ($100) dollars.

LEGISLATIVE HISTORY / PREVIOUS ACTIONS
On January 10, 2023, a public hearing was held to consider adoption of an ordinance requiring business owners conducting outdoor dining in the public right of way to annually complete an Outdoor Dining Application. The City Council adopted the ordinance upon the second reading on January 24, 2023. Upon application approval, the business applying for Outdoor Dining enters a Use Agreement with the City of Glendora.

On March 14, 2023, a public hearing was held to consider the establishment of an Outdoor Dining Fee(s) to process an Outdoor Dining Application. The proposed fee(s) included an annual fee of four hundred and fifty ($450) dollars for the operation of outdoor dining on a parklet, and a separate annual fee of one hundred ($100) dollars for sidewalk dining in the public right of way. After public testimony and extensive discussion, the City Council moved to continue the public hearing at the March 28th meeting, requesting staff bring back a revised and reduced fee of one hundred ($100) dollars.

Item #11. Page 1
Meeting Date: 4/23/2024 / Packet Page #: 446
Staff Report Page 2 of 4
On March 28, 2024, the City Council continued the public hearing and received additional testimony. The discussion included concerns regarding recovery costs, and City expenses/staff time incurred for providing labor and services to maintain parklets. Following their discussion, the City Council approved an annual one hundred ($100) dollar Outdoor Dining Fee for businesses conducting outdoor dining. Lastly, the Council requested that the fee be brought back in March 2024 to be reevaluated, and that staff report on costs to support outdoor and parklet dining.

DISCUSSION
Outdoor Dining is permitted in the Glendora Village for businesses that complete the application process.

The application process requires a business to submit several items, including an Outdoor Dining Fee of one hundred ($100) dollars, with an application. The Outdoor Dining Fee is a flat annual fee. The purpose of the fee is to recover City costs associated with administration of the Outdoor Dining Program, as outlined in the Glendora Village Outdoor Dining Manual and Use Agreement.

Under the City’s Outdoor Dining Program, businesses may operate parklet and/or sidewalk dining in the public right of way. Both categories of outdoor dining allow for businesses to expand their operational space, access a City electrical box, and receive maintenance service on an as needed basis.

There are currently fourteen (14) businesses that are permitted to operate outdoor dining in the Village. Of the fourteen businesses, four operate sidewalk dining only. Ten (10) businesses operate sidewalk dining and have exclusive use of a parklet.

Electrical Box Usage
Under Section 3 (Standards and Requirements) of the Glendora Village Outdoor Dining Manual, businesses that enter into a Use Agreement with the City are given access to one outlet at a designated electrical box. City owned electrical boxes are located within tree wells along Glendora Avenue. Electrical boxes house 4 outlets; two of which emit 24/7 electricity and two that are on timers. The City does not individually meter electrical boxes; rather, usage for each electrical box is assigned a parent Southern California Edison (SCE) meter. Each parent SCE meter monitors usage for multiple electrical boxes, some providing additional electricity for the purpose of outdoor dining, while others do not. Because of this configuration, it is difficult to determine exact usage for any single electrical box utilized by a restaurant for outdoor dining. It should be noted that electrical box access is granted only to businesses permitted to operate parklet dining. Businesses operating sidewalk dining do not have access to an electrical box.

Staff identified the SCE meters monitoring electrical boxes assigned to businesses conducting parklet dining and compared usage. SCE billing is based off of consumption, therefore, the City is not billed until electricity is consumed. In addition, not all businesses were granted access to electrical boxes at the same time. For these reasons, staff considered only a four-month consumption period when electrical boxes were used for outdoor dining and compared billing to the same four-month period in the previous year when electricity was not provided. In 2022, the City paid a total of $724 in electricity over the course of the four-month period. In 2023, the City paid a total of $1,979 in electricity for the same four-month period. This is a total increase of $1,255. Assuming electricity usage remains consistent, the City could potentially pay up to an additional $3,765 in electricity over a 12-month period. This equates to a monthly increase of roughly $314 per month from the previous year.

Janitorial Services
According to the Outdoor Dining Manual and Use Agreement, businesses that are permitted exclusive use of a parklet are responsible for its regular upkeep and cleanliness. The City is responsible for the application of wood refinishing as recommended by vendor.

Over the past several months, it has been observed that food and miscellaneous debris fall between the wood paneling and accumulates under the parklet structures. In addition, many of the parklets’ wood paneling has not been properly maintained, impacting the attractive appearance of City owned parklets.

Item #11. Page 2
Meeting Date: 4/23/2024 / Packet Page #: 447
Staff Report Page 3 of 4
Because of this, overall cleanliness, insects, and rodents are a concern. Preventative measures to consider include janitorial service for the parklets, which would include light cleaning of the paneling as well as removal of debris underneath the structures. To gauge the cost of these services, staff requested informal quotes for the cleaning of all seven parklets. Three informal quotes were requested and two were received:

Quote #1
Frequency Annual Cost
Annual $1,050
Bi-Annual $2,100
Quarterly $4,200
Quote #1 services include the washing of all seven parklet decks and the cleaning of debris underneath the metal flaps and decks.

Quote #2
Frequency Annual Cost
Annual $4,500
Bi-Annual $7,650
Quarterly $14,400
Quote #2 services include the power, soft and handwashing of all seven parklets, soft and hand washing of the decks, railings and seating, power steaming underneath the parklets, removal of build-up in gutters, and image reporting to the City.

Having received two quotes, janitorial costs range from $1,050 to $14,400, annually, depending on comprehensiveness and frequency of cleaning. Staff anticipates targeting a service to provide janitorial costs in an approximate amount of $5,000.

Conclusion
The data provided show that the cost to support the parklet program exceeds the $100 permit fee. The City has seen an increase in electricity costs and foresees the need for additional janitorial expenditures in order to preserve the quality and integrity of the parklets. With increased electricity costs of approximately $3,765 and $5,000 in potential janitorial fees, the estimated cost to maintain and operate parklets is $8,765 per year. This annual incurred cost divided by the ten businesses utilizing parklets is $877 per year. If broken down by month, the fee would be equivalent to $73 per month to have exclusive use of a parklet. It should be noted that these amounts do not include costs for emergency and miscellaneous repairs, or staff time.

Staff recommends the City Council discuss the current Outdoor Dining Fee amount. The City Council may consider leaving the Outdoor Dining Fee at the current, annual amount of $100 for both parklet and sidewalk dining. Alternatively, the City Council may increase the annual fee amount based off of the information provided. Moreover, an increase may be considered for the individual categories of outdoor dining. For example, the fee for operating both a parklet and sidewalk dining could increase, while the fee for operating only sidewalk dining would remain one hundred dollars ($100). Outdoor Dining applications are renewed annually, with a majority of existing permit holders renewing for the first time in July 2024. If the City Council wishes to increase the fee for outdoor dining, they can recommend staff do a standalone amendment to the Master Schedule of Fees for Service, or delay for one year for the change be incorporated in the FY2025-26 Master Schedule of Fees for Service. The latter option would provide business owners with time to prepare for an increase in their annual fee and be a business-friendly Item #11. Page 3
Meeting Date: 4/23/2024 / Packet Page #: 448
Staff Report Page 4 of 4
gesture.

In the event City Council chooses to increase the Outdoor Dining Fee amount, staff will proceed with the necessary steps.

FISCAL IMPACT
The total Outdoor Dining Fee revenue is projected to be $1,400 at the end of FY24. The cost to administer the program is comprised of staff time, electrical, and maintenance costs. Estimated electrical and optional maintenance costs are $8,765 for the current year.

ENVIRONMENTAL DETERMINATION
Not applicable.

Prepared By Alycia Suniga, Management Analyst
Concurs With Not Applicable
Reviewed By Valerie Velasquez, Housing and Economic Development Manager Jeff Kugel, Community Development Director
Certified to Availability of Funds Kyle Johnson, Finance Director/City Treasurer Approved By Adam Raymond, City Manager
Legal Review Danny Aleshire, City Attorney
CEQA Review Not Applicable
ATTACHMENTS:

A. Presentation
Item #11. Page 4
Meeting Date: 4/23/2024 / Packet Page #: 449
Review Outdoor Dining Fee
Community Development Department
City Council
April 23, 2024
Alycia Suniga, Management Analyst
CityOfGlendora.org
Item #11. Page 5
Meeting Date: 4/23/2024 / Packet Page #: 450
Background
2 • January 10, 2023 – Staff introduced for first reading an ordinance amending the GMC relating to Outdoor Dining in the Glendora Village. • January 24, 2023 – A second reading of the Outdoor Dining Ordinance was adopted amending standards and procedures for outdoor dining in the Glendora Village.
• March 14, 2023 – A public hearing was held to consider and approve recommended fees for the permitting of sidewalk and parklet dining.

Item #11. Page 6
Meeting Date: 4/23/2024 / Packet Page #: 451
Background
3 Service Proposed Fee
Outdoor Dining:

Sidewalk Dining
Parklet
$100/annual
$450/annual
First Proposed Fee:
• Proposed fees based on the category of outdoor dining • Comprehensive fee – landscaping, staff time, materials and use of electrical boxes • Permitted equitable and exclusive use of the public right of way • The City Council directed Staff to revise fee to reflect $100, regardless of category.

Item #11. Page 7
Meeting Date: 4/23/2024 / Packet Page #: 452
Background
4 • March 28, 2023 – A public hearing was held, and $100 annual fee was approved.
• Item requested to be revisited in a year to re-evaluate actual costs. • Currently 14 businesses operate Outdoor Dining
• 10 – Parklet & Sidewalk Dining
• 4 – Sidewalk Dining Only
Service Proposed Fee
Outdoor Dining:

Sidewalk/Parklet Dining $100/annual
Item #11. Page 8
Meeting Date: 4/23/2024 / Packet Page #: 453
Electricity Costs
5 • Glendora Village Outdoor Dining Manual allows businesses to utilize one outlet within a designated electrical boxes (parklets).
• Electrical boxes located in tree wells and not individually metered. • Electrical boxes monitored by Southern California Edison (SCE) parent meters. • A total of 5 SCE parent meters monitor usage for the electrical boxes utilized by parklet users.
• Also rack usage for electrical boxes that are not used as an outdoor dining benefit
Item #11. Page 9
Meeting Date: 4/23/2024 / Packet Page #: 454
Electricity Costs
6 • Difficult to determine usage
• SCE metering limits information
• Businesses actively using electricity
• How much electricity is used
• Has not been a full year of consumption
• Businesses given access to electrical boxes at various times, beginning in July 2023
• Staff identified a four-month billing period where businesses were utilizing electricity and compared it to the previous year.

Item #11. Page 10
Meeting Date: 4/23/2024 / Packet Page #: 455
Electricity Costs
7 • Evaluating the same 4-month billing cycle
• 2022 – $724
• 2023 - $1,979
• $1,255 increase over the course of 4-month period ($314 per month) • Assuming electricity usage trends are mostly consistent, the City could pay up to $3,765 more in electricity for a 12-month period.

Item #11. Page 11
Meeting Date: 4/23/2024 / Packet Page #: 456
Janitorial
8 • The City responsible for wood polishing, as recommended by contractor. • Businesses responsible for the regular upkeep and cleanliness of the parklet. • Wood paneling
• Food and debris falls between paneling
• Difficult to clean under structure
• Potential insect and rodent problems
• Staff requested informal quotes for the cleaning of the City’s 7 parklets • 3 requested, 2 received
Item #11. Page 12
Meeting Date: 4/23/2024 / Packet Page #: 457
Janitorial
9 Quote 1
Frequency Annual Cost
Annual $1,050
Bi-Annual $2,100
Quarterly $4,200
• Quote #1: Services include:
• Washing of all seven parklet decks
• Cleaning of debris underneath
metal flaps and decks
Quote 2
Frequency Annual Cost
Annual $4,500
Bi-Annual $7,650
Quarterly $14,400
• Quote #2: Services include:
• Handwashing of all seven parklet
decks, railings and seating
• Power steaming underneath
• Removal of build-up in gutters
• Image reporting to the City
Item #11. Page 13
Meeting Date: 4/23/2024 / Packet Page #: 458
Janitorial
10 • Quotes received range from $1,050 to $14,400 per year, depending on comprehensiveness and frequency of cleaning.
• Staff anticipates targeting janitorial costs in the approximate amount of $5,000 to regularly service all five parklets.

Item #11. Page 14
Meeting Date: 4/23/2024 / Packet Page #: 459
Conclusion
11 • The current Outdoor Dining Fee of $100 does not recoup City costs to operate and maintain parklets.
• An increase in electricity costs and need for future janitorial services • Difficult to determine exact consumption and actual costs • Operation of parklets:
• $8,765 per year
• $8,765/10 businesses = $877 per year
• Equivalent to $73 per month
(Does not include costs for emergency/miscellaneous repairs or staff time) Item #11. Page 15
Meeting Date: 4/23/2024 / Packet Page #: 460
Conclusion
12 • The following options may be considered:
1) Keep the annual fee of $100 for both parklet and sidewalk dining 2) Increase the annual fee for both parklet and sidewalk dining 3) Increase the annual fee for only parklet dining
Increase can be through a standalone amendment to the Master Schedule of Fees or delay for one year for the change to be included with the FY 2025-26 Master Schedule of Fees.

Item #11. Page 16
Meeting Date: 4/23/2024 / Packet Page #: 461
13 RECOMMENDATIONS
That the City Council:

1. Discuss the existing Outdoor Dining Fee; and

2. Provide direction to City Staff
Item #11. Page 17
Meeting Date: 4/23/2024 / Packet Page #: 462

STAFF REPORT
TO: MAYOR AND COUNCIL MEMBERS DATE: APRIL 23, 2024
FROM: CITY CLERK DISTRICT(S): CITYWIDE
SUBJECT: UPDATE ON RECRUITMENTS OF CITY COUNCIL APPOINTED BOARDS AND COMMISSIONS RECRUITMENT FOR TERMS EXPIRING ON JUNE 30, 2024 AND FILL AN

UNSCHEDULED VACANCY ON THE GLENDORA BUSINESS IMPROVEMENT DISTRICT (BID) ADVISORY BOARD, OFFICE NO. 2 WITH A TERM EXPIRING JUNE 30, 2027

RECOMMENDATION
That the City Council:

1. Receive update and provide direction to staff on the late application submitted by Veronica Salazar, Mercantile Collective & BeSpoke Hat Bar for the Business Improvement District (BID) Advisory Board; and

2. Confirm City Council availability for a Special Meeting on Tuesday, May 14, 2024 to conduct interviews and appoint.

STRATEGIC FOCUS AREAS
 Not Applicable

EXECUTIVE SUMMARY
In March the City Clerk’s Office began recruitment for City of Glendora Boards and Commissions scheduled vacancies set to occur on June 30, 2024. A Notice of Vacancy (Attachment A) was published on the City’s website, in the San Gabriel Valley Examiner on March 7, 14, and 21, 2024, and posted to the City’s social media platforms, and City bulletin boards.

In addition, at a Business Improvement District (BID) Advisory Board regular board meeting in January BID Chair Don Nolan announced the pending sale of his restaurant in the Glendora Village and his resignation effective March, 2024, as upon completion of escrow he will no longer qualify to serve on the BID board. A Special Notice of Unscheduled Vacancy (Attachment B) was published on the City’s website, in the San Gabriel Valley Examiner on March 7, 14, and 21, 2024, posted to the City’s social media, and City bulletin boards. Notification was also given to all boards and commission of current vacancies.

Overview of Vacancies:

Boards and Commission No of Vacancies Term Type
Board of Library Trustees 2 3 years Scheduled
Business Improvement District (BID) Advisory
Board
1 4 years Unscheduled
At the close of the application deadline, the following candidates have requested council consideration for appointment:

Applicant Board / Commission Type Status
Marianne Cintron Board of Library Trustees New Qualified Erica Landmann (Incumbent) Board of Library Trustees Re-Appointment Office 3 Qualified Madison Trammel Board of Library Trustees New Qualified Item #12. Page 1
Meeting Date: 4/23/2024 / Packet Page #: 463
Staff Report Page 2 of 4
John Dreher
The Sew N Sew
BID Advisory Board New Qualified
One application was received after the close of the application deadline.

Applicant Board / Commission Type Status
Veronica Salazar
Mercantile Collective & BeSpoke Hat Bar
BID Advisory Board New (received after deadline) Qualified

LEGISLATIVE HISTORY / PREVIOUS ACTIONS
Annually, the City Clerk’s Department conducts a review of City Council appointed boards and commissions and prepares a Notice of Board and Commission Appointments, required of the Maddy Act (Gov. Code Section §54970) (Attachment C), which currently lists appointed members of City Council boards/commissions and highlights any appointments set to expire in the upcoming year. The Maddy Act is posted to the City’s website and bulletin boards annually before December 31st.

Additionally, CA Govt Code § 54974 regulates the process utilized by cities to fill unscheduled vacancies on the City Council appointed commissions and boards and requires that when an unscheduled vacancy occurs in any board, commission, or committee for which the legislative body has the appointing power, a Special Vacancy Notice shall be posted in the office of the Clerk of the local agency, on either the local agency’s internet web site or at the library designated pursuant to Section 54973, and in other places as directed by the legislative body, not earlier than 20 days before or not later than 20 days after the vacancy occurs. Final appointments shall not be made by the legislative body for at least 10 working days after the posting of the notice in the Clerk’s office.

DISCUSSION
The City Clerk’s Department has conducted its annual review of the City Council appointed boards and commission and on June 30, 2024 the appointments listed below are set to expire. In preparation, the required Notices of Vacancies (Attachment A and B) have been prepared to announce that the City is seeking applications for the scheduled vacancies on the Board of Library Trustees and unscheduled vacancy on the Business Improvement District (BID) Advisory Board.

Board/Commission No. of Vacancies Office(s)
Board of Library Trustees 2 Office 2 and 3
Business Improvement District (BID) Advisory Board 1 Office 2 In March of 2024, the City Clerk’s Department began the recruitment process to fill scheduled and unscheduled vacancies on the City of Glendora Boards and Commissions. In accordance with Council Resolution and CA Gov Code § 54974, Notices of Vacancy were published in the San Gabriel Valley Examiner on March 7, 14, and 21, 2024, and posted to the City’s website, social media, and bulletin boards.

In addition, City Clerk staff shares the notices with any applicants who have “active applications” currently on file, current City of Glendora board and commission members and members of the Business Improvement District to see if they are interested in being considered.

Deadline for applications was set for 12:00 p.m. Monday, April 1, 2024 As of the application deadline, a total of four (4) applications were received and qualified. Traditionally, applications received after the deadline are not scheduled for interviews they are accepted, qualified and added to the “active applications” file for consideration during future vacancies. Since time allowed, staff is providing an update on the 2024 recruitment efforts and requesting City Council direction on whether to accept the late application submitted by Veronica Salazar, Mercantile Collective & BeSpoke Hat Bar for the Business Improvement District (BID) Advisory Board and schedule an interview.

The following provides an overview of the applicants requesting council consideration for appointment:

Item #12. Page 2
Meeting Date: 4/23/2024 / Packet Page #: 464
Staff Report Page 3 of 4
Board of Library Trustees
The Board of Library Trustees has two (2) scheduled vacancies. Steven Flowers (Office No. 2) and Erica Landmann (Office No. 3). Both incumbents are eligible for re-appointment as they are currently serving their first term and qualify to serve one (1) additional full term.

Applicant Board / Commission Type Status
Marianne Cintron Board of Library Trustees New Qualified Erica Landmann (Incumbent) Board of Library Trustees Re-Appointment Office 3 Qualified Madison Trammel Board of Library Trustees New Qualified Business Improvement District (BID) Advisory Board
The Business Improvement District (BID) Advisory Board has one (1) unscheduled vacancy.

Applicant Board / Commission Type Status
John Dreher, The Sew N Sew BID Advisory Board New Qualified Veronica Salazar,
Mercantile Collective & BeSpoke Hat Bar
BID Advisory Board New (received after deadline) Qualified Traditionally, interviews are scheduled with new applicants only and have been scheduled with 10-minute time slots and applicants previously interviewed have been requested to attend meeting in the event City Council members have follow-up questions prior to appointment.

Interview Schedule:

Applicants previously interviewed have been asked to arrive no later than 5:15 p.m.

Applicants Time Board/Commission
Marianne Cintron 5:10 p.m. Board of Library Trustees
Madison Trammel 5:20 p.m. Board of Library Trustees
John Dreher, The Sew N Sew 5:30 p.m. Business Improvement District (BID) Advisory Board
Veronica Salazar
Mercantile Collective & BeSpoke Hat Bar
5:40 p.m. Business Improvement District (BID) Advisory
Board
Erica Landmann (Incumbent) Previously
Interviewed
Board of Library Trustees

FISCAL IMPACT
There is no fiscal impact associated with the recommendation in this report.

ENVIRONMENTAL DETERMINATION
There is no CEQA impact associated with the recommendation in this report.

Prepared By Lorena Cordova, City Clerk Specialist
Concurs With Not Applicable
Reviewed By Kathleen R. Sessman, City Clerk/Communications Director Certified to Availability of Funds Kyle Johnson, Finance Director/City Treasurer Approved By Adam Raymond, City Manager
Legal Review Danny Aleshire, City Attorney
CEQA Review Not Applicable
ATTACHMENTS:

A. Notice of Scheduled Vacancies
B. Notice of Unscheduled Vacancy
Item #12. Page 3
Meeting Date: 4/23/2024 / Packet Page #: 465
Staff Report Page 4 of 4
C. Maddy Act 2024
D. Applications
E. Presentation
Item #12. Page 4
Meeting Date: 4/23/2024 / Packet Page #: 466
NOTICE IS HEREBY GIVEN that the City of Glendora invites interested persons of the City of Glendora to submit applications to serve on the following City Advisory Boards and Commissions for vacancies effective June 30, 2024. The deadline to submit an application for consideration is no later than 12:00 p.m. on Monday, April 1, 2024:

City Council
Board of Library Trustees
2 Vacancies
Board of Library Trustees: 2 Vacancies: Office Nos. 2 and 3 (3-year term). The Board of Library Trustees of the city shall consist of five members. Members must be registered to vote and reside within the incorporated city limits during their entire term of service (GMC,

2.32). The Board provides strategic leadership and services as the creative catalyst for development and implementing the mission, values and vision of the Glendora Public Library.

Applicants must be 18 years or older, register to vote and must maintain residency within the incorporated areas of the City of Glendora during their term of office. Applications are available via the City’s web site at www.cityofglendora.org or at City Hall in the City Clerk’s Department, 116 E.

Foothill Boulevard, Glendora, Monday through Friday, between the hours of 8:00 a.m. and 5:00 p.m., except holidays. Please call the City Clerk’s Office at (626) 914-8210 for more information.

Interviews will be scheduled for Tuesday, April 23, 2024 between 5:00 p.m. and 7:00 p.m.

Applicants will be contacted to schedule interview times following the recruitment deadline.

Kathleen R. Sessman, MMC
City Clerk/Communications Director
Published San Gabriel Valley Examiner: March 7, March 14, and March 21, 2024

NOTICE OF VACANCY
City Council appointed Advisory Boards, Commissions and Committees Item #12. Page 5
Meeting Date: 4/23/2024 / Packet Page #: 467

NOTICE OF UNSCHEDULED VACANCY
on the

BUSINESS IMPROVEMENT DISTRICT (BID)

ADVISORY BOARD
_____________________________________________
NOTICE IS HEREBY GIVEN, pursuant to Cal. Gov't Code§ 54974 the following unscheduled vacancy exists on the following legislative body in the City of Glendora:

BUSINESS IMPROVEMENT DISTRICT (BID)

ADVISORY BOARD
Notification of resignation was provided for Office No. 2 of the Business Improvement District (BID) Advisory Board. The unexpired term will end June 30, 2027.

ABOUT THE BUSINESS IMPROVEMENT DISTRICT (BID) ADVISORY BOARD:

Business Improvement District (BID) Advisory Board: Members serve a 4-year term. The BID Advisory Board of the city shall consist of five members and must be registered to vote.

Members must operate bona fide businesses located within the District and that are subject to changes and assessments imposed by Section 5.40 of the Glendora Municipal Code during their entire term of service. Members must be current with the payment of changes and assessments imposed.

Pursuant to City Resolution, members are required to complete AB1234 Ethics Training and Brown Act Training prior to receiving Oath of Office and are required to attend meetings on a regular basis.

NOTICE IS FURTHER GIVEN, special vacancy notice shall be posted not earlier than 20 days before or not later than 20 days after the vacancy occurs. Final appointment to an unscheduled vacancy on a board/commission, shall not be made by the City Council for at least 10 working days after the posting of the notice by the City Clerk’s office. Notice was published Thursday, March 7, 2024.

APPOINTMENT PROCEDURE: Applications are available via the City’s website at www.cityofglendora.org or at the City Clerk’s Office, Monday through Friday, between the hours of 8:00 a.m. and 5:00 p.m., except holidays. Completed application forms will be accepted until the position has been filled. Please call the City Clerk’s Office at (626) 914-8210 for more information.

Date for interviews and/or appointments will be scheduled at a later date. Applicants will be contacted to schedule interview times following the recruitment deadline.

Kathleen R. Sessman, MMC
City Clerk/Communications Director
Published: March 7, 14, and 21, 2024
Item #12. Page 6
Meeting Date: 4/23/2024 / Packet Page #: 468
Item #12. Page 7
Meeting Date: 4/23/2024 / Packet Page #: 469

CITY OF GLENDORA
Local Appointments List
Notice of Board, Commission and Committee Appointments
Pursuant to Government Code Section 54972
The City of Glendora encourages residents to apply for positions on City Commissions, Committees and Boards that will have vacancies in the year 2024. Each member of a city commission shall serve at the pleasure of the City Council. Residents interested in openings must file an application which may be obtained at the City Clerk’s Office or on the City’s website, www.cityofglendora.org. City Council appointed boards and commissions are regulated by Glendora Municipal Code (GMC) Section 2.18.

In compliance with the requirements of the Maddy Act, Government Code 54970, the following appointment list is posted on an annual basis by December 31st. It shows all currently appointed members of City Boards, Commissions, and Committees appointed by the City Council and the dates of their terms of office as of the time of this posting. Appointments listed below in blue expire on June 30, 2024, and appointments in red are currently vacant.

Names on this list are subject to change as term expirations and resignations occur during the year. For a current list, go to www.cityofglendora.org.

BOARD OF LIBRARY TRUSTEES
Term Length: 3-year term, Term Limit: Two full consecutive terms Meets 3rd Monday of month
Council Chamber, 116 E. Foothill Boulevard, Glendora - 7:00 p.m. Members receive no compensation.

The Board of Library Trustees of the city shall consist of five members. Members must be registered to vote and reside within the incorporated city limits during their entire term of service (GMC, 2.32). This Board provides strategic leadership and serves as the creative catalyst for developing and implementing the mission, values and vision of the Glendora Public Library.

Disclosure and Regulatory Requirements: Members are required to file a Statement of Economic Interests (Form 700) upon appointment to office, and annually thereafter (Conflict-of-interest code), complete AB1234 Ethics Training and Brown Act Training within one year of appointment and every two years thereafter and are required to attend meetings on a regular basis. (Ordinance 2036) Date of Office Present Term Term
Members Appointment Number (Unexpired/1st/2nd)
Carrie Johnson 7/2022 Office No. 1 7/1/2022-6/30/2025 1 st
Steven Flowers 7/2021 Office No. 2 7/1/2021-6/30/2024 1 st
Erica Landmann 7/2021 Office No. 3 7/1/2021-6/30/2024 1 st
Brianna Chew 7/2019 Office No. 4 7/1/2022-6/30/2025 2
nd
Tomoko Toland 7/2019 Office No. 5 7/1/2022-6/30/2025 2
nd
Staff Liaison: Janet Stone, Library Director

BUSINESS IMPROVEMENT DISTRICT (BID) ADVISORY BOARD
Term Length: 4-year term, Term Limit: Two full consecutive terms Meets 1st Thursday of month
Council Chamber, 116 E. Foothill Boulevard, Glendora - 8:30 a.m. Members receive no compensation.

The BID Advisory Board of the city shall consist of five members and must be registered to vote. Members must operate bona fide businesses located within the District and that are subject to charges and assessments imposed by Section 5.40 of the Glendora Municipal Code during their entire term of service. Members must be current with the payment of charges and assessments imposed.

Disclosure and Regulatory Requirements: Members are required to complete AB1234 Ethics Training and Brown Act Training within one year of appointment and every two years thereafter and are required to attend meetings on a regular basis. (Ordinance 2036) Date of Office Present Term Term
Members and Village Business Appointment Number (Unexpired/1st/2nd) Dalel Snider, Glendora Florist 9/2021 Office No. 1 7/1/2021-6/30/2025 1 st
Don Nolan, Village Eatery 1/25/2022 Office No. 2 7/1/2023-6/30/2027 1 st
Matthew Davis, Bistro Studios, Inc. 10/2022 Office No. 3 7/1/2023-6/30/2027 1 st
Matthew Klingler, Village Fitness 5/2020 Office No. 4 7/1/2021-6/30/2025 1 st
Cathy Jarvis, Cathy’s Wishing Well 9/2021 Office No. 5 7/1/2023-6/30/2027 1 st
Staff Liaison: Valerie Velasquez, Housing & Economic Development Manager 2024
Item #12. Page 8
Meeting Date: 4/23/2024 / Packet Page #: 470

COMMUNITY SERVICES COMMISSION
Term Length: 4-year term, Term Limit: Two full consecutive terms Meets 3rd Thursday of month
Council Chamber, 116 E. Foothill Boulevard, Glendora - 7:00 p.m. Members receive no compensation.

The Community Services Commission of the city shall consist of five members. Members must be registered to vote, reside within the incorporated city limits during their entire term of service. This Commission serves in an advisory capacity to the City Council and Community Services Director in all matters pertaining to the park maintenance, park development, recreation programs, human services, and community beautification.

Disclosure and Regulatory Requirements: Members are required to file a Statement of Economic Interests (Form 700) upon appointment to office, and annually thereafter (Conflict-of-interest code), complete AB1234 Ethics Training and Brown Act Training within one year of appointment and every two years thereafter, and are required to attend meetings on a regular basis. (Ordinance 2036) Date of Office Present Term Term
Members Appointment Number (Unexpired/1st/2nd)
Britanny Lewis-Porchia 7/2021 Office No. 1 7/1/2021-6/30/2025 1 st
Eddie Kouyoumdjian 7/2021 Office No. 2 7/1/2021-6/30/2025 1 st
Mallory Buril 7/2019 Office No. 3 7/1/2023-6/30/2027 2
nd
Stephen Salle 7/2023 Office No. 4 7/1/2023-6/30/2027 1
st
David Gerber 7/2019 Office No. 5 7/1/2023-6/30/2027 2
nd
Staff Liaison: John Aguirre, Community Services Director

PLANNING COMMISSION
Term Length: 4-year term, Term Limit: Two full consecutive terms Meets 1st Tuesday of the month
Council Chamber, 116 E. Foothill Boulevard, Glendora - 7:00 p.m. Members receive no compensation.

The Planning Commission of the city shall consist of five members. Members must be registered to vote and reside within the incorporated city limits during their entire term of service and no person of the Planning Commission shall hold any other remunerative office or position with the city. This Commission serves in an advisory capacity to the City Council on land-use policy planning matters which guide the future development of the City.

WATER COMMISSION
Term Length: 4-year term, Term Limit: Two full consecutive terms Meets Quarterly, 4
th Thursday of January, April, July and October
Council Chamber, 116 E. Foothill Boulevard, Glendora - 6:00 p.m. Members receive no compensation.

The Water Commission of the City shall consist of five members. Members must be registered to vote, reside within the incorporated city limits during their entire term of service, and be customers of the City’s water division of the Public Works Department. This Commission shall act in an advisory capacity to the City Council on policies and programs related to water rates, conservation efforts and financial matters.

Disclosure and Regulatory Requirements: Members are required to file a Statement of Economic Interests (Form 700) upon appointment to office, and annually thereafter (Gov Code 87200), complete AB1234 Ethics Training and Brown Act Training within one year of appointment and every two years thereafter, and are required to attend meetings on a regular basis. (Ordinance 2036) Date of Office Present Term Term
Members Appointment Number (Unexpired/1st/2nd)
Richard Hansen 7/2019 Office No. 1 7/1/2023-6/30/2027 2 nd
Greg Lammers 7/2023 Office No. 2 7/1/2023-6/30/2027 1
st
Michael Holmes * 10/2022 Office No. 3 7/1/2021-6/30/2025 Unexpired Pat Cici** 10/2022 Office No. 4 7/1/2021-6/30/2025 Unexpired David Thomas*** 11/2022 Office No. 5 7/1/2021-6/30/2025 Unexpired Staff Liaison: Chisom Obegolu, Assistant Public Works Director - Water Division Ryan Shaw resigned 7/2022 (Office No. 3; Term 7/1/21-6/30/25)*; John Fields resigned 7/2022 (Office No. 4; Term: 7/1/21-6/30/25)**; Benjamin Armel Resigned 10/2022 (Office No. 5; Term: 7/1/21-6/30/25)*** I, Kathleen R. Sessman, City Clerk/Communications Director of the City of Glendora, do hereby certify, under penalty of perjury under the laws of the State of California, that the foregoing Commissions Local Appointments List was prepared pursuant to provisions of Government Code Section 54972 and posted in a bulletin board at designated “official” posting location; and on the City’s website on Tuesday, October 31, 2023.

Dated this 30
st day of November 2023.

Kathleen R. Sessman, MMC
City Clerk/Communications Director
Item #12. Page 9
Meeting Date: 4/23/2024 / Packet Page #: 471
Item #12. Page 10
Meeting Date: 4/23/2024 / Packet Page #: 472
Item #12. Page 11
Meeting Date: 4/23/2024 / Packet Page #: 473
Item #12. Page 12
Meeting Date: 4/23/2024 / Packet Page #: 474
Item #12. Page 13
Meeting Date: 4/23/2024 / Packet Page #: 475
Item #12. Page 14
Meeting Date: 4/23/2024 / Packet Page #: 476
Item #12. Page 15
Meeting Date: 4/23/2024 / Packet Page #: 477
Item #12. Page 16
Meeting Date: 4/23/2024 / Packet Page #: 478
Item #12. Page 17
Meeting Date: 4/23/2024 / Packet Page #: 479
Item #12. Page 18
Meeting Date: 4/23/2024 / Packet Page #: 480
Item #12. Page 19
Meeting Date: 4/23/2024 / Packet Page #: 481
Item #12. Page 20
Meeting Date: 4/23/2024 / Packet Page #: 482
Item #12. Page 21
Meeting Date: 4/23/2024 / Packet Page #: 483
Item #12. Page 22
Meeting Date: 4/23/2024 / Packet Page #: 484
City Council Appointed Board and
Commissions Recruitment for Scheduled
and Unscheduled Vacancies
City Clerk’s Department
City Council
April 23, 2024
Lorena Cordova, City Clerk Specialist CityOfGlendora.org Item #12. Page 23
Meeting Date: 4/23/2024 / Packet Page #: 485

OVERVIEW
• In January, a notification from Don Nolan, Office No. 2 of the Business Improvement District (BID) Advisory Board regular board meeting pending sale of his restaurant and his resignation effective March 2024. • Staff conducted a recruitment for Board/Commission scheduled vacancies effective June 30, 2024.
• An unscheduled vacancy recruitment was set to fill vacancy in the Business Improvement District (BID) Advisory Board for Office No. 2 with an unexpired term ending June 30, 2027.

Item #12. Page 24
Meeting Date: 4/23/2024 / Packet Page #: 486

VACANCIES
Board/Commission No. of
Vacancies
Board of Library Trustees 2
Business Improvement District (BID) Advisory Board 1
Item #12. Page 25
Meeting Date: 4/23/2024 / Packet Page #: 487
All Applicants
Applicant Comment
John Dreher, The Sew N Sew New
Veronica Salzar, Mercantile Collective & BeSpoke Hat Bar New Business Improvement District (BID) Advisory Board
Applicant Comment
Marianne Cintron New
Erica Landmann Incumbent
Madison Trammel New
Board of Library Trustees
Item #12. Page 26
Meeting Date: 4/23/2024 / Packet Page #: 488
Calendar
Sunday Monday Tuesday Wednesday Thursday Friday Saturday 1 2
BID Meeting 8:30AM
3 4
5 6 7
Planning Commission
7PM
8 9 10 11
12 13 14
City Council 7PM
15 16
Community Services
Commission 7PM
17 18
19 20
Library Board 7PM
21 BOOKED 8AM-5PM
22 BOOKED 8AM-5PM
23 BOOKED 8AM-5PM
24 25
26 27 Holiday
Memorial Day

CITY HALL CLOSED
28 Whitcomb Graduation
5PM
City Council 7PM
29 Glendora High School
Graduation 5PM
30 Charter Oak High
School Graduation
5PM
31 St. Lucy’s Prior High
School Graduation
5PM
Item #12. Page 27
Meeting Date: 4/23/2024 / Packet Page #: 489

RECOMMENDATION
That the City Council:

2. Confirm City Council availability for a Special Meeting on Tuesday, May 14, 2024 to conduct interviews and appoint.

Item #12. Page 28
Meeting Date: 4/23/2024 / Packet Page #: 490

Glendora City CouncilApril 23, 2024

Glendora City Council
April 23, 2024