CITY OF GLENDORA
CITY COUNCIL, SUCCESSOR AGENCY AND HOUSING AUTHORITY
AGENDA
Tuesday, April 22, 2025
7:00 PM BUSINESS SESSION
CITY HALL COUNCIL CHAMBER, 116 E. FOOTHILL BOULEVARD, GLENDORA As a courtesy to others attending this meeting, please turn off or place in silent mode all cell phones and other communication devices while in the Council Chamber. Thank you.
MAYOR/CHAIR
David Fredendall, District 2
MAYOR PRO TEM/VICE-CHAIR
Michael Allawos, District 1
COUNCIL/COMMISSIONERS
Karen Davis, District 4
Shaunna Elias, District 3
Mendell Thompson, District 5
GUIDE TO PUBLIC MEETINGS PARTICIPATING IN
PUBLIC MEETING
MEETING MATERIALS
CALL TO ORDER
ROLL CALL
INVOCATION AND PLEDGE OF ALLEGIANCE
In permitting a nonsectarian invocation, the City does not intend to proselytize, advance, or disparage any faith or belief. Neither the City nor the City Council endorses any particular belief or form of invocation.
HIGH SCHOOL STUDENT REPORTS
1. High School Student Reports
REORDERING OF AND ADDITIONS TO THE AGENDA
PUBLIC COMMENT
Three (3) Minute speaking time limit, speaking once, unless upon motion, such time is extended by the legislative body.
Any person may request to address a legislative body during a public meeting. Speakers are limited to three (3) minutes, speaking once, on both on- and off- agenda items, unless, upon motion, such time is extended by the legislative body. Such statements shall only be allowed during the Public Comment portion of the agenda. If there are any public hearings scheduled, individuals will be given an additional opportunity to comment under said items.
Speakers are not permitted to yield their time to another speaker. Public comment is limited to 30 minutes at each meeting, with the ability to extend if the legislative body so chooses by majority vote.
To ensure that the public is able to participate, the City may provide a variety of ways in which the public can submit their comment: in person, email, phone call, mail and any other method which may become available.
Methods of participation may be subject to change during other such times when a State of Emergency, Health Order or State Executive Order limits in-person participation.
2. Public Comments Received
MEMBER STATEMENTS/REPORTS
CITY MANAGER AND CITY ATTORNEY STATEMENTS
SPECIAL ITEMS
3. A Proclamation proclaiming May 4 - 10, 2025 as National Correctional Officers Week
4. A Proclamation proclaiming May 4 -10, 2025 as Professional Municipal Clerks Week
PUBLIC HEARINGS
Public hearings shall conform to the protocol established to conduct of public meetings, proceedings, and business in the City of Glendora. Following presentation of the staff report, the applicant/appellant will be allowed ten (10) minutes in which to make a presentation. Following the presentation of the applicant/appellant public testimony share be called, each speaker is limited to three (3) minutes, speaking once. The Presiding Officer may permit a five (5) minute rebuttal/summation by a representative of applicant/appellant. The public hearing will then be closed, and no member of the public shall be allowed to speak further unless, upon motion, and the public hearing is reopened by the governing body. Any person desiring to provide testimony during a Public Hearing item shall make his/her presence known to the Presiding officer. Speakers are entitled to submit written or other graphic evidence. All such evidence presented shall be retained by the City Clerk as part of the Clerk’s record.
PLEASE NOTE: If you challenge any of the proposed action(s) in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the City Council at, or prior to, the public hearing.
5. A Public Hearing to Consider the FY 2025-2026 Annual Action Plan for the Community Development Block Grant (CDBG) Program
Recommended Action for City Council:
— 1. Approve the CDBG Annual Action Plan FY 2025-2026;
— 2. Authorize staff to adjust funding levels based on actual allocation; and — 3. Authorize the City Manager to submit the Annual Plan for CDBG funding to the Department of Housing and Urban Development (HUD).
CONSENT CALENDAR
Items on the Consent Calendar will be enacted by one motion without individual discussion. There will be no separate discussion of these items unless a member of the governing body requests specific item(s) be removed from the Consent Calendar for separate action. Items removed from the Consent Calendar will be considered after the Consent Calendar is approved. Anyone wishing to address a Consent Calendar item should do so during the Public Comment Period.
6. Affirm the City Council, Successor Agency and Housing Authority from the April 8, 2025 meeting Recommended Action for City Council, Successor Agency and Housing Authority:
— 1. Affirm minutes as presented.
7. City of Glendora and Glendora Successor Agency Investment Report for March 2025 Recommended Action for City Council and Successor Agency:
— 1. Receive and file the Monthly Investment Activity Report for March 2025.
UNFINISHED BUSINESS
8. Consideration of Approval for the 2025-2027 Strategic Plan Recommended Action for the City Council:
— 1. Approve the 2025 - 2027 Strategic Plan.
MEMBER/STAFF CLOSING COMMENTS
ADJOURNMENT
Date Posted: April 17, 2025
STAFF REPORT
TO: Mayor and Council Members DATE: April 22, 2025
FROM: Community Development DISTRICT(S): Citywide
SUBJECT: A Public Hearing to Consider the FY 2025-2026 Annual Action Plan for the Community Development Block Grant (CDBG) Program
RECOMMENDATION
That the City Council:
1. Approve the CDBG Annual Action Plan FY 2025-2026;
2. Authorize staff to adjust funding levels based on actual allocation; and
3. Authorize the City Manager to submit the Annual Plan for CDBG funding to the Department of Housing and Urban Development (HUD).
STRATEGIC FOCUS AREAS
Goal 2: Maintain Financial Stability and Sustainability (MFSS) Goal 5: Improve and Maintain the City’s Infrastructure and Facilities (IMCIF)
EXECUTIVE SUMMARY
The Community Development Block Grant (CDBG) entitlement program allocates annual grants to larger cities and urban counties to develop viable communities by providing decent housing, a suitable living environment, and opportunities to expand economic opportunities, principally for low- and moderate-income persons. The U.S.
Department of Housing and Urban Development (HUD) administers this program and determines the amount of each jurisdiction’s grant by using a formula comprised of several measures of community need, including the extent of poverty, population, housing overcrowding, age of housing, and population growth lag in relationship to other metropolitan areas. Each year, the City of Glendora receives a CDBG entitlement allocation and is required to apply for funding directly through HUD by submitting an Annual Action Plan.
LEGISLATIVE HISTORY / PREVIOUS ACTIONS
The CDBG Program is authorized under Title I of the Housing and Community Development Act of 1974.
On May 9, 2023, the City Council approved the current CDBG Five-Year Consolidated Plan for 2023–2027.
On March 11, 2025, the City Council conducted the first of two required public hearings to initiate the public review period for activities planned under the 2025-2026 Annual Action Plan.
DISCUSSION
Five Year Consolidated Plan: Every five years, the CDBG program requires the City to adopt a "Consolidated Plan," which establishes the priority goals of the City’s CDBG program for the five (5) subsequent Annual Action Plans. The established goals are required to meet one of three CDBG National Objectives:
1. Provide a benefit to low and moderate income persons;
2. Eliminate slum and blight;
3. Meet an urgent community need.
On May 9, 2023, the City adopted the 2023-2027 Consolidated Plan for the five-year period covering July 1, 2023 through June 30, 2028. During the development of the 2023 - 2027 Consolidated Plan, the following priority needs and objectives were established:
1. Infrastructure and Public Facilities: Improve and expand infrastructure and public facilities that benefit lowand moderate-income neighborhoods and residents.
2. Economic and Human Development: Provide for the economic development needs of low- and moderateincome persons and neighborhood target areas.
3. Public Services: Provide supportive services for the City’s low- and moderate-income residents and persons with special needs.
4. Fair Housing: Promote fair and equal housing choice for all persons, promote housing that is accessible to and usable by persons with disabilities, and comply with the non-discrimination requirements of the various Fair Housing laws.
5. Administration and Planning: Provide for administration and planning activities to develop housing and community development strategies and programs needed to carry out actions that address identified needs in the Consolidated Plan.
These established Priority Needs form the basis for allocating CDBG investments within the City during the fiveyear period and are a result of various community outreach efforts and consultation meetings developed under the Citizen Participation process.
Only eligible activities that received a high priority level in the 2023 - 2027 Consolidated Plan will be funded during the next five-year period.
2025-2026 Annual Action Plan:
The Annual Action Plan for FY 2025-2026 is the third year under the Five-Year Consolidated Plan and serves as the City’s application for funding from HUD. As of the writing of this report, HUD has not yet released the CDBG funding allocations for the 2025-2026 fiscal year. However, in order to meet statutory submission deadlines and allow for a 30-day citizen participation period, staff is estimating an allocation of $314,125 based on the previous year’s allocation, following HUD’s guidance. In addition to the anticipated annual allocation, the City has $106,826 in unallocated funds available for use in FY 2025-2026. Combined with the estimated entitlement allocation, the total amount expected to be available for FY 2025-2026 is $420,951.
Based on the limited amount of resources available to the City, statutory restrictions, and the Priority Needs established, the following activities are included in the FY 25-26 CDBG One-Year Annual Action Plan:
ACTIVITY-PROJECT Amount
(estimated)
Entitlement Allocation
Percentage
(actual)
General CDBG Administration $42,825
Fair Housing $20,000
Administration and Fair Housing Sub-Total: $62,825 20%
2025-2026 Street Improvement/Accessibility Project
Allocation Amount: $251,300 80%
Unallocated Funds: $106,826
Infrastructure Sub-Total: $352,126
TOTAL CDBG BUDGET FOR FISCAL YEAR 2025 - 2026: $420,951 100% plus unallocated funds
Final Funding Allocation and Adjustments: HUD requires that submission of the application includes the actual allocation amount, however as mentioned, HUD has not yet announced the actual allocation amount. Staff recommends City Council’s approval of the following adjustment methodology once the final allocation amount is announced.
Decrease in Allocation (amount is less than $314,125):
Fair Housing will receive $20,000;
General CDBG Administration amount will be decreased to an amount such that the cumulative amount of Fair Housing and General Administration will total 20% of the annual entitlement allocation amount; and The Capital, street improvement/accessibility project will be allocated the remaining 80% of the annual entitlement allocation amount in addition to the Unallocated Funds amount of $106,826.
Increase in Allocation (amount is greater than $314,125):
Fair Housing will receive $20,000;
General CDBG Administration amount will be increased to an amount such that the cumulative amount of Fair Housing and General Administration will total 20% of the annual entitlement allocation amount; and The Capital, street improvement/accessibility project will be allocated the remaining 80% of the annual entitlement allocation amount in addition to the Unallocated Funds amount of $106,826.
Draft Documents for Public Review:
The Draft of the Annual Action Plan for FY 2025 – 2026 was available for a 30-day public review at the offices of the City Clerk and Community Development Department, both located at 116 E. Foothill Blvd., Glendora CA 91741, Monday through Friday, between 8:00a.m. and 5:00 p.m., beginning March 21, 2025, and ending April 22, 2025.
Tonight’s Public Hearing serves as the second and final Public Hearing for Annual Action Plan for FY 2025-2026.
The City Council is asked to approve staff’s recommended allocations for FY 2025 - 2026, the adjustment methodology to be applied, if necessary, once the final allocation is announced, and to authorize the submission of the documents to the U.S. Department of Housing and Urban Development thereafter.
FISCAL IMPACT
This is the second and final review of the activity planned for FY 2025-2026. The Action Plan is submitted for City Council review and approval to comply with HUD annual CDBG grant citizen participation requirements.
ENVIRONMENTAL DETERMINATION
Adoption of the Annual Action Plan is not a project pursuant to the California Environmental Quality Act (CEQA).
Prepared By Shantelle Coria, Management Aide
Concurs With Not Applicable
Reviewed By Jeff Kugel, Community Development
Director
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. Proof of Public Hearing
B. FY 2025 – 2026 CDBG Annual Action Plan
C. Presentation
Attachments
A. Proof of Public Hearing
B. FY 2025 - 2026 CDBG Annual Action Plan.pdf
C. Presentation.pdf
San Gabriel Valley Examiner
709 E. Route 66 Ste. A
Glendora, CA 91740
626-852-3374
PAGE 1
City of Glendora
Attn: City Clerk
116 E. Foothill Blvd.
Glendora, CA 91741
(PLEASE SEE PAGE 2 FOR AD COPY)
NOTICE OF PUBLIC HEARING
Glendora City Council
Fiscal Year (FY) 2025-2026 Community Development Block Grant (CDBG) funds (GB03)
PROOF OF PUBLICATION
(201 5.5 C.C.P.)
STATE OF CALIFORNIA
County of Los Angeles
I am over the age of eighteen years, I am not
a party to the above-entitled matter. I am the
principal clerk of the Publisher of the San
Gabriel Valley Examiner, an adjudicated
newspaper of general circulation printed and
published weekly in the City of Glendora,
County of Los Angeles. The San Gabriel Valley
Examiner has been adjudged a newspaper of
general circulation by the Superior Court of
the County of Los Angeles, State of California,
under the date of July 19, 1999, case Number
KS 005341. The notice, of which the annexed
is a true printed copy, has been published in
each regular and entitled issue of said
newspaper and not any supplement thereof on
the following dates to wit:
February 27, 2025
I declare under penalty of perjury that the
foregoing is true and correct.
Executed in the City of Glendora, Los Angeles
County, California
On this 27th day of February 2025.
Signature
PAGE 2
NOTICE OF PUBLIC HEARING
Glendora City Council
_____________________________________________
NOTICE IS HEREBY GIVEN that the Glendora City Council will hold a public hearing in the City Council Chamber of City Hall, 116 E. Foothill Boulevard, Glendora, California, on Tuesday, March 11, 2025, at 7:00 p.m. to receive and consider proposed funding recommendations for the Fiscal Year (FY) 2025- 2026 Community Development Block Grant (CDBG) funds which are received from the Department of Housing and Urban Development (HUD). Any persons interested in this matter is invited to attend and provide comments.
NOTICE IS HEREBY GIVEN that the Glendora City Council will hold a public hearing on Tuesday, April 22, 2025, at 7:00 p.m. to consider adoption of the draft FY 2025-2026 Annual Action Plan (AAP). The draft FY 2025-2026 AAP will be available for 30-day public comment from March 21, 2025 until the beginning of the City Council meeting public hearing held on April 22, 2025. Any persons interested in this matter is invited to attend and provide comments.
PUBLIC HEARING MEETING LOCATION
The public hearings above will be held in the City Council chambers at 116 E. Foothill Boulevard, Glendora, California. In compliance with the American with Disabilities Act, if you need special assistance to participate in the meeting, please contact the City of Glendora’s City Clerk’s Office at (626) 914-8210. Notification 48 hours prior to the March 11, 2025 City Council meeting will enable the City to make reasonable arrangements to ensure accessibility to the meeting.
BACKGROUND
Every five years, HUD requires that the City adopt a “Consolidated Plan,” which establishes the goals and objectives of the City’s CDBG program. Each year, the City is required to develop and adopt an AAP which outlines the specific uses proposed for the use of CDBG funds. During the development of this 2023-2028 Consolidated Plan, the following priority needs and objectives were established:
1. Infrastructure and Public Facilities: Improve and expand infrastructure and public facilities that benefit low- and moderate-income neighborhoods and residents.
2. Economic and Human Development: Provide for the economic development needs of low- and moderate- income persons and neighborhood target areas.
3. Public Services: Provide supportive services for the City’s low- and moderate-income residents and persons with special needs.
4. Fair Housing: Promote fair and equal housing choice for all persons.
5. Administration and Planning: Provide for administration and planning activities to carry out actions that address identified needs in the Consolidated Plan year.
AVAILABLE FUNDING
The Federal Budget has not been approved at this time; however, the City must meet certain statutory deadlines in submitting its Annual Acton Plan and allowing for citizen participation so they it may proceed with the process based on guidance from HUD. Based on that guidance, the City of Glendora estimates that it will receive approximately $314,125 in CDBG funds for FY 2025-2026. In addition to the annual allocation, the City also has $106,826 in Program Income which may used for FY 2025- 2026 activities. Combined with the anticipated allocation, a total of $420,951 is expected to be available in FY 2025-2026. While funding amounts are somewhat flexible, there are statutory limitations that restrict the amount of funding for Planning and Administration costs to not more than 20% of the annual grant allocation and limit public services to 15% of the annual grant allocation.
NOTICE OF FUNDING AVAILABILITY
The City has undertaken a Notice of Funding Availability (NOFA) process to provide opportunity for local non-profits and City Departments to apply to use the FY 2025-2026 CDBG funding for programs benefitting the low- and moderate-income residents of the City. A notice was published on December 5 and December 12, 2024 to notify the public of the NOFA and opportunity to apply for CDBG funds. Two applications were received and two were chosen for funding.
RECOMMENDED FUNDING ALLOCATIONS FOR FY 2025-2026
Based on the limited amount of resources available to the City, statutory restrictions, and the Priority Needs established, staff recommendations for the FY 2025-2026 AAP are as follows:
ACTIVITY AMOUNT
General CDBG Administration $42,825
Fair Housing $20,000
Sub-Total $62,825
FY 2025/2026 Street Improvement Project $358,126
Sub-Total $358,126
Total of CDBG Funding Recommendations GRAND TOTAL $420,951
PUBLIC COMMENT
All interested persons are invited to provide comments regarding the draft FY 2025-2026 AAP during the 30-day public comment period of March 21, 2025 to April 22, 2025. Comments may be sent via U.S. Mail or via email to the address below:
Jeff Kugel, Community Development Director
City of Glendora
116 E. Foothill Boulevard
Glendora, CA 91741
[email protected] | (626) 914-8215
All interested parties are invited to attend the public hearing on March 11, 2025 to comment on the proposed CDBG funding for FY 2025-2026, and/or attend the public hearing on April 22, 2025 to comment on the adoption of the draft FY 2025-2026 AAP. Should you be unable to attend the public hearing, your comments must be made in writing and delivered to the City Clerk prior to the public hearing.
The draft FY 2025-2026 AAP will be available on the City’s website www.cityofglendora.gov and at the following locations commencing on March 21, 2025 through the beginning of the City Council meeting on April 22, 2025. If you require a hard copy of the draft AAP, please contact Shantelle Coria, Management Aide at (626) 852-5252.
1. OFFICE OF THE CITY CLERK: 2. COMMUNITY DEVELOPMENT DEPT.
Glendora City Hall Glendora City Hall
116 E. Foothill Boulevard 116 E. Foothill Boulevard
Glendora, CA 91741 Glendora, CA 91741
(626) 914-8210 (626) 914-8292
If you challenge this action(s) in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the City Council at, or prior to, the public hearing.
Kathleen R. Sessman, MMC
City Clerk/Communications Director
Publish in the San Gabriel Valley Examiner on February 27, 2025. #GB03 Community Development Block Grant
FY 2025-2026 Annual Action Plan
(July 1, 2025 through June 30, 2026)
City of Glendora
April 2025
City of Glendora
Community Development Department
116 E. Foothill Boulevard
Glendora, CA 91741
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Executive Summary
AP-05 Executive Summary - 24 CFR 91.200(c), 91.220(b)
Introduction
The City of Glendora (City) is an entitlement jurisdiction for Community Development Block Grant (CDBG) funds allocated by the US Department of Housing and Urban Development (HUD). These funds are used to provide a variety of different projects and programs based on the HUD primary objectives of proving a suitable living environment, providing decent housing, and increasing economic opportunities. This Annual Action Plan (Action Plan) is for the third year of the 2023-2027 Consolidated Plan (Con Plan).
As of the writing of this document, the actual amount of the FY 2025-2026 allocation has not been announced. Per HUD’s guidance, the City is preparing this document using an estimate of the FY 2025-2026 CDBG Entitlement based on prior year funding. The Action Plan includes a Contingency Plan (Appendix C) which outlines how funding for each project will be adjusted once the actual CDBG Entitlement allocations are announced. All prior year unallocated funds and program income amounts used in preparing this plan are actuals.
Due to the delay in the announcement of the FY 2025-2026 CDBG funding, HUD has waived the requirements at 24 CFR 570.200 (h) and will allow the City to incur pre-award costs until such time that HUD has approved the FY 2025-2026 Action Plan.
Documentation of the need for the City to use the waiver is contained in the appendices to this document (Appendix D). Per the requirements at 24 CFR 570.200(h)(1)(ii) the City is providing the public with notification that these pre-award costs are limited to costs for those activities contained in this Action Plan, which comply with all HUD requirements.
The City’s FY 2025-2026 CDBG allocation is $314,125. In addition, the City has $106,826 in prior year unallocated funds which may be used to address the needs identified in the 2023-2027 Con Plan. Therefore, the amount which will be available for activities in this Action Plan is $420,951.
The City received a total of $446,187 in CDBG funds through the CARES Act (CDBGCV). Those funds are part of the FY 2020-2021 Annual Action Plan (AAP). All CDBG-CV funds are allocated, and the activities funded are on-going. Progress made on CDBG Entitlement and CDBG-CV activities is reported below.
Summarize the objectives and outcomes identified in the Plan.
The Con Plan establishes the goals and objectives of the City's CDBG program. The Con Plan includes a Needs Assessment, Strategic Plan, and the first year Annual Action Plan.
City of Glendora FY 2025-2026 Annual Action Plan 3
OMB Control No: 2506-0117 (exp. 09/30/2021)
During development of the 2023-2027 Consolidated Plan, the following priority needs were established:
• Infrastructure and Public Facilities: Improve and expand infrastructure and public facilities that benefit low- and moderate-income neighborhoods and residents.
• Economic and Human Development: Provide for the economic development needs of low- and moderate-income persons.
• Public Services: Provide supportive services for the City’s low- and moderateincome residents and persons with special needs. • Fair Housing: Promote fair and equal housing choice for all persons. • Administration and Planning: Provide for administration and planning activities to carry out actions that address identified needs in the Consolidated Plan.
These established priority needs are a result of various community outreach efforts and consultation meetings held as part of the citizen participation process. Given the limited resources the City will receive, the City will be relying on non-profit agencies to assist in addressing obstacles to meet underserved needs.
The City of Glendora continues to address the Con Plan Priorities identified to the greatest extent possible with the resources available. In FY 2025-2026 the City will use its funds to address three of the four Con Plan Priorities. $358,126 of the FY 2025-2026 entitlement allocation will be used to continue critical infrastructure improvements in lowand moderate-income neighborhoods. As allowed by regulations, $62,825 (20 percent of the entitlement allocation) will be used for administration. Of that, $20,000 will be used to fund a grant to the Housing Rights Center to fund needed fair housing services for the residents of Glendora.
Evaluation of past performance
CDBG Entitlement Accomplishments
FY 2024-2025 was the second year of implementing the 2023-2027 Consolidated Plan.
During the first two quarters of FY 2024-2025, the City was able to accomplish the following:
Public Facilities and Infrastructure Improvements:
The 2023 Street Improvement project has been completed. This project created disabled accessibility curb cuts where none existed before and will benefit 3,585 residents and is taking place in an area with 51.7 percent low- and moderate-income households.
In the first two quarters of FY 2024-2025, the 2024 Street Improvement/Accessibility City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Project went out to bid in February 20204. The City expects to execute a contract in Spring 2025.
Fair Housing: During the first two quarters of FY 2024-2025, 20 individuals were provided fair housing services through a CDBG-funded contract with The Housing Rights Center. In addition, based on the latest data from Los Angeles County Development Authority (LACDA), 58 Housing Choice Vouchers were being used in the City of Glendora.
Administration and Planning: In the first two quarters of FY 2024-2025, the City continued to effectively manage the CDBG program.
CDBG-CV Accomplishments
The City used its CDBG-CV funds to prevent, prepare for, and respond to the coronavirus.
Both CDBG-CV-funded projects have been completed.
Economic and Human Development: The City recognized the limited interest in the Small Business Assistance Loan program due to the small amount of funds available.
Therefore, in FY 2020-2021, the City rolled over unspent program funds from previous years to allow for larger size loans. In FY 2021-2022, one new applicant was provided with a loan of $14,862 to assist in paying her business location rent, which was in arrears. This project has been completed.
Emergency Rental Assistance: In FY 2019-2020, the City used CDBG-CV funds to create the COVID Emergency Rental Assistance Program. From inception through the second quarter of FY 2021-2022, 47 low- and moderate- income residents who were impacted by the pandemic were assisted with rental assistance. This project has been completed.
Summary of Citizen Participation Process and consultation process The citizen participation process utilized for the FY 2025-2026 Annual Action Plan included:
• Publishing a notice of available funding and request for applications on December 5 and December 12, 2024
• Publishing a notice on February 27, 2025 of a Public Hearing before the City Council to discuss community needs, funding applications, and potential allocations
• Conducting Public Hearing before the City Council to discuss community needs, funding applications, and potential allocations on March 11, 2025 • Publishing a notice on February 27, 2025 of a 30-day public comment period on the draft FY 2025-2026 Action Plan and a public hearing to be held before the City Council on April 22, 2025.
City of Glendora FY 2025-2026 Annual Action Plan 5
OMB Control No: 2506-0117 (exp. 09/30/2021)
• Conducting a second public hearing before the City Council on April 22, 2025 to adopt the FY 2025-2026 Action Plan.
Public notices for the availability of funds, public comment period, and Public Hearings were published in the San Gabriel Valley Examiner, posted at City Hall, and posted on the City's website. Proof of publication for all public hearings and meetings can be found in Appendix A.
A 30-day public review of the draft Action Plan was held from March21, 2025 to April 23, 2025. Copies of the draft Action Plan were available for the public to read on the City website and at City Hall (Planning Department and Office of the City Clerk). Copies are also available for review by requesting in person or by telephone, fax, or e-mail. City staff ensured adequate notification of all public hearings. Advance notice of public hearings was published in newspapers of general circulation at least ten days prior to the meeting date and translation services were always available upon request for non-English speaking residents.
Additionally, the City ensured reasonable access to information and records related to the development of the Plan and to the expenditure of resources for programs funded by CDBG. The final Consolidated Plan, Annual Action Plans, amendments to the Plans, and annual performance reports will be available for five years at City Hall.
Summary of public comments
No public comments were received.
Summary of comments or views not accepted and the reasons for not accepting them.
No public comments were not accepted.
Summary
See discussion above.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
PR-05 Lead & Responsible Agencies – 91.200(b)
1. Agency/entity responsible for preparing/administering the Consolidated Plan
Agency Role Name Department/Agency
Lead Agency Glendora City
CDBG Administration Glendora City Community Development Department
Table 1 – Responsible Agencies
The City of Glendora, through its Community Development Department, serves as the lead agency in coordinating the consolidated planning and submission process. The Community Development Department oversees and is responsible for administering the Community Development Block Grant (CDBG) program, which includes preparation of the Five-Year Consolidated Plan, the Annual Action Plan, and the Consolidated Annual Performance Evaluation and Review (CAPER).
Consolidated Plan Public Contact Information
Shantelle Coria, Management Aid
City of Glendora Economic Development and Housing Division 116 E. Foothill Boulevard Glendora, CA 91741
(626) 852-5252
City of Glendora FY 2025-2026 Annual Action Plan 7
OMB Control No: 2506-0117 (exp. 09/30/2021)
AP-10 Consultation – 91.100, 91.200(b), 91.215(l)
Introduction
The City of Glendora consulted with key City departments in the development of the 2023- 2027 Consolidated Plan including: Community Development Department, Transportation Division, City Manager’s Office, Recreation and Human Services Division, and Public Works. Information was collected in consultation with public and quasi-public agencies and public service organizations detailed below. These agencies represented a wide range of constituencies, including children and youth, persons with HIV/AIDS, persons experiencing homelessness, persons with disabilities and/or special needs, elderly persons, and persons with alcohol/substance abuse problems.
Provide a concise summary of the jurisdiction’s activities to enhance coordination between public and assisted housing providers and private and governmental health, mental health and service agencies (91.215(I)).
The City continues to enhance coordination between public and assisted housing providers and private and governmental health, mental health, and service agencies by working closely with the agencies below:
• University of Southern California Street Medical Team • Los Angeles County Department of Mental Health
• The Glendora Police Department
• Shepard’s Pantry
• Los Angeles County Food Bank
• YWCA San Gabriel Valley
• Glendora Ministerial Association
• Los Angeles County Homeless Initiative
• San Gabriel Valley Council of Governments (SGVCOG)
• San Gabriel Valley Homeless Consortium
• Los Angeles Homeless Services Authority (LAHSA)
• City of Glendora Homeless Taskforce
Throughout the year City staff attend local and regional coordination meetings with these and related agencies.
Describe coordination with the Continuum of Care and efforts to address the needs of homeless persons (particularly chronically homeless individuals and City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
families, families with children, veterans, and unaccompanied youth) and persons at risk of homelessness.
The Los Angeles Homeless Services Authority (LASHA) is the Continuum of Care (CoC) agency for all Grantees in the County of Los Angeles. In order to coordinate with the CoC the City reached out to their local member organizations and homeless service providers and requested data on needs and information on services provided. Those organizations included Elwood Family Apartments, Glendora Public Library, East San Gabriel Valley Coalition for the Homeless, San Gabriel Valley Habitat for Humanity, La Fetra Senior Center, The Housing Rights Center, Shepherd’s Pantry, YWCA San Gabriel Valley (Wings Domestic Violence Program and Meals on Wheels), and the Glendora Welfare Association. The City also reviewed data provided by the Los Angeles Homeless Services Authority (LAHSA).These efforts ensure the needs of homeless persons (particularly chronically homeless individuals and families, families with children, veterans, and unaccompanied youth) and persons at risk of homelessness are addressed in the most effective way possible.
Describe consultation with the Continuum(s) of Care that serves the jurisdiction's area in determining how to allocate ESG funds, develop performance standards for and evaluate outcomes of projects and activities assisted by ESG funds, and develop funding, policies and procedures for the operation and administration of HMIS.
The City does not receive ESG funds. However, the City works with the Los Angeles County Homeless Initiative to assist in the development of funding policies related to Measure H funding, and coordinates with LAHSA and East San Gabriel Valley Coalition for the Homeless that serve Glendora. The City’s efforts help these agencies in developing performance standards and evaluating outcomes, and developing funding, policies, and procedures for the administration of HMIS.
Describe Agencies, groups, organizations, and others who participated in the process and describe the jurisdiction’s consultations with housing, social service agencies and other entities.
City of Glendora FY 2025-2026 Annual Action Plan 9
OMB Control No: 2506-0117 (exp. 09/30/2021)
Sort Agency/Group/
Organization
Agency/Group/
Organization Type
What section of the
Plan was addressed
by Consultation?
How was the
Agency/Group/Organization
consulted and what are the
anticipated outcomes of the
consultation or areas for improved
coordination?
1 Housing Rights Center Housing
Service-Fair
Housing
Housing Need
Assessment
Fair Housing Needs
Provided a review of Landlord/Tenant
issues, top discrimination biases
reported from the City and projected
needs during the next five years.
2 Housing Authority of the
County of Los Angeles
Housing
PHA
Other government -
County
Housing Need
Assessment
Public Housing Needs
Provided data pertaining to the
Housing Choice Voucher Program and
statistics of Glendora residents
utilizing the program.
3 Elwood Family
Apartments
Housing Housing Need
Assessment
Fair Housing Needs
Provided comments on affordable
housing and need for fair housing
education, services for low-income
households, persons with disabilities,
and victims of domestic violence.
4 La Fetra Senior Center
and Interval Senior
Services
Services-Elderly
Persons
Neighborhood
Organization
Housing Need
Assessment
Non-Homeless Special
Needs
La Fetra Senior Center staff were
contacted for data pertaining to senior
needs.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
5 YWCA of San Gabriel
Valley
Services-Elderly
Persons
Services-Victims of
Domestic Violence
Neighborhood
Organization
Housing Need
Assessment
Non-Homeless Special
Needs
YWCA of San Gabriel Valley was
contacted for data pertaining to senior
needs and the needs of domestic
violence victims.
6 Glendora Public Library Services-Education
ServicesEmployment
Other government -
Local
Housing Need
Assessment
Non-Homeless Special
Needs
Anti-poverty Strategy
Glendora Public Library was contacted
for data pertaining to special needs
groups.
7 East San Gabriel
Coalition for the
Homeless
Services-homeless
Neighborhood
Organization
Housing Need
Assessment
Homelessness
Strategy
Homeless Needs -
Chronically homeless
Homeless Needs -
Families with children
Homelessness Needs -
Veterans
Homelessness Needs -
Unaccompanied youth
East San Gabriel Coalition for the
Homeless was contacted for data
pertaining to homeless needs.
8 San Gabriel Valley
Habitat for Humanity
Housing
Services – Housing
Housing Need
Assessment
San Gabriel Valley Habitat for
Humanity was contacted for input
pertaining to housing needs.
City of Glendora FY 2025-2026 Annual Action Plan 11
OMB Control No: 2506-0117 (exp. 09/30/2021)
9 Glendora Welfare
Association
Housing
Services-homeless
Neighborhood
Organization
Housing Need
Assessment
Homelessness
Strategy
Homeless Needs -
Chronically homeless
Homeless Needs -
Families with children
Homelessness Needs -
Veterans
Homelessness Needs -
Unaccompanied youth
Non-Homeless Special
Needs
Glendora Welfare Association was
contacted for data pertaining to
homeless needs and those at risk of
homelessness.
10 Shepherd's Pantry Housing
Services-homeless
Neighborhood
Organization
Housing Need
Assessment
Homelessness
Strategy
Homeless Needs -
Chronically homeless
Homeless Needs -
Families with children
Homelessness Needs -
Veterans
Homelessness Needs -
Unaccompanied youth
Non-Homeless Special
Needs
Shepherd's Pantry was contacted for
data pertaining to homeless needs and
those at risk of homelessness.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
11 City of Glendora Housing
Services-Education
Other government -
Local
Housing Need
Assessment
Lead-based Paint
Strategy
Economic
Development
Anti-poverty Strategy
Community
Development Needs
The City of Glendora Departments of
Economic Development, Planning, ,
Public Works, and Building and Safety
were contacted for data pertaining to
economic development, housing, leadbased paint and community development needs.
12 Los Angeles County
Department of Public
Health
Housing
Services-Persons
with HIV/AIDS
Health Agency
Other government -
County
Housing Need
Assessment
Lead-based Paint
Strategy
Non-Homeless Special
Needs
The City of Glendora consulted with
the Los Angeles County Department of
Public Health, Childhood Lead
Poisoning Prevention Program
(CLPPP) to obtain statistics on the
number of children testing positive for
elevated blood levels signaling lead
poisoning as related to the Leadbased Paint Strategy. The City also consulted with the Los Angeles County
Department of Public Health HIV/AIDS
Epidemiology Department to obtain
data on the number of people living
with HIV/AIDS and their housing
needs.
City of Glendora FY 2025-2026 Annual Action Plan 13
OMB Control No: 2506-0117 (exp. 09/30/2021)
13 Los Angeles Homeless
Services Authority
(Continuum of Care
Agency)
Services - Housing
Regional
Organization
Other Government
- County
Housing Needs
Assessment
Homeless Needs –
Chronically Homeless
Homeless Needs –
families with Children
Homeless Needs –
Veterans
Homeless Needs –
Unaccompanied Youth
Homelessness
Strategy
The City of Glendora consulted with
LAHSA regarding the needs of the
homeless and strategies to address
those needs. The LAHSA website was
consulted for data regarding the nature
of the homelessness crisis.
Table 2 – Agencies, groups, organizations who participated City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Identify any Agency Types not consulted and provide rationale for not consulting.
All appropriate public entities were consulted.
Other local/regional/state/federal planning efforts considered when preparing the Plan.
Name of Plan Lead Organization How do the goals of your Strategic Plan overlap with the goals of each
plan?
Continuum of Care Los Angeles
Homeless Services
Authority
Glendora has a very small homeless
population. The City recognizes that
many agencies in the County provide
services to homeless persons in the San
Gabriel Valley. The City’s strategy is to
focus resources on infrastructure,
economic development, public services,
and fair housing needs.
Housing Element of
the General Plan
City of Glendora The Housing Element addresses the
housing needs of City residents and
outlines ways in which housing can
become more affordable for low- and
moderate-income residents.
Table 3 – Other local / regional / federal planning efforts Narrative
City staff attend various meetings and workshops with other agencies throughout the fiscal year. The City also coordinates with State and adjacent government in other areas such as transportation, economic development, housing, public works projects, and environmental issues. Cooperation and coordination with other public entities included phone consultation and data review of the adjacent units of general local government as part of the implementation of the Consolidated Plan.
Homelessness is a regional issue and the City coordinates with adjacent units of local government in the provision of shelter for the homeless. Collaboration with other agencies is the most effective way to ensure services are readily available, while allowing Glendora to spend its limited resources in other areas.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
AP-12 Participation – 91.105, 91.200(c)
Summary of citizen participation process/Efforts made to broaden citizen participation.
The City made significant efforts to broaden citizen participation in the following ways:
• Publishing a Notice of Funding Availability for CDBG funds on December 5 and December 12, 2024
• Publishing a notice on February 27, 2025 of a Public Hearing before the City Council to discuss community needs, funding applications, and potential allocations
• Conducting the Public Hearing before the City Council to discuss community needs, funding applications, and potential allocations on March 11, 2025 • Publishing a notice on February 27, 2025 of the availability of the draft 2025-2026 Annual Action Plan and a 30-day public comment period beginning March 21, 2025 • Conducting a second public hearing before the City Council on April 22, 2025 to adopt the FY 2025-2026 Action Plan
Advance notice of the availability of the 2025-2026 NOFA, the public hearings, and the public comment period were published in the San Gabriel Valley Examiner (the Glendora newspapers of general circulation). Public notices for the public hearings were also posted at City Hall, and on the City's Website. Copies of the draft FY 2025-2026 Annual Action Plan were available for the public to read on the City website and at City Hall (Planning Department and Office of the City Clerk). Copies were also available for review by requesting in person or by telephone, fax, or e-mail.
Summarize citizen participation process and how it impacted goal setting.
The City ensured reasonable access to information and public hearings related to the development of the FY 2025-2026 Annual Action Plan and the expenditure of resources for programs funded by CDBG. Comments received from the public and the City’s elected officials were consistent with the current Con Plan Priorities, Goals, and activities proposed for FY 2025-2026. The final Consolidated Plan, Annual Action Plans, Substantial Amendments to the Plans, and Consolidated Annual Performance and Evaluation Report (CAPER) will be available for five years at City Hall.
Proof of publication for all public hearings and meetings can be found in Appendix A.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Citizen Participation Outreach
Mode of
Outreach
Target of
Outreach
Summary of
response/attendance
Summary of
comments
received
Summary of
comments not
accepted and
reasons
URL (If
applicable)
Newspaper Ad
(one) for
availability of
the NOFA
Non-targeted/
broad
community
The ad was published in the
San Gabriel Valley Examiner
on December 5, 2024
No comments
were received
There were no
comments that were
not accepted.
Newspaper
Ads (two) for
availability of
the NOFA
Non-targeted/
broad
community
The ad was published in the
San Gabriel Valley Examiner
on December 12, 2024
No comments
were received
There were no
comments that were
not accepted.
Public notice
for the first
Public Hearing
Non-targeted/
broad
community
The notice was published in the
San Gabriel Valley Examiner
on February 27, 2025
No comments
were received
No comments were
not accepted
Public Hearing Non-targeted/
broad
community
The Glendora City Council held
a public hearing in the City
Council Chambers of City Hall,
116 E. Foothill Boulevard,
Glendora, California, on March
11, 2025, at 7:00 p.m. to
receive and consider public
input on needs and resources
relative to the 2023-2027 FiveYear Consolidated Plan and One-Year Action Plan for Fiscal
No comments
were received
There were no
comments that were
not accepted.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Mode of
Outreach
Target of
Outreach
Summary of
response/attendance
Summary of
comments
received
Summary of
comments not
accepted and
reasons
URL (If
applicable)
Year 2025-2026 prior to its
adoption.
Public notice
for the 30-day
public
comment
period and
Public Hearing
Non-targeted/
broad
community
The notice was published in the
San Gabriel Valley Examiner
on February 27, 2025.
No comments
were received
No comments were
not accepted
Public Hearing Non-targeted/
broad
community
The Glendora City Council held
a public hearing in the City
Council Chambers of City Hall,
116 E. Foothill Boulevard,
Glendora, California, on April
22, 2025, at 7:00 p.m. to
receive and consider public
input on needs and resources
relative to the one-year Action
Plan for Fiscal Year 2025-2026
prior to its adoption.
No comments
were received
There were no
comments that were
not accepted.
Table 4 – Citizen Participation Outreach
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
AP-15 Expected Resources – 91.220(c)(1,2)
Introduction
As of the writing of this document, HUD has not announced the FY 2025-2026 allocation of CDBG funds. Per HUD’s guidance, the FY 2025-2026 grant amounts are estimates. The prior year resources shown are actuals.
To implement the actual allocation of 2025-2026 CDBG funds, the City will follow the process outlined in the Contingency Plan (Appendix C).
Anticipated Resources
Program Source of
Funds
Uses of
Funds
Expected Amount Available Year 3 Expected
Amount
Available
Remainder of
Con Plan
Narrative
Description Annual
Allocation:
Program
Income:
Prior Year
Resources:
Total:
CDBG Public/
Federal
Admin and
Planning
Public
Improvements
Public
Services
$314,125 $0 $106,826 $420,951 $650,000
This is the
third year
Action Plan
for the City of
Glendora.
Table 5 – Expected Resources – Priority Table
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Explain how federal funds will leverage those additional resources (private, state, and local funds), including a description of how matching requirements will be satisfied.
The City will pursue opportunities for other funding, such as other private, state, and local funds, which may be leveraged as those opportunities become available. However, the City has limited CDBG funding from the CDBG Entitlement Program.
If appropriate, describe publicly owned land or property located within the jurisdiction that may be used to address the needs identified in the plan.
The City currently owns a 5.8-acre parcel of land. It is in the process of being sold to a new owner under the Surplus Land Act. Negotiations are ongoing with a developer who will be required to set aside at least 15 percent of any units produced for moderate income housing.
Discussion
See discussion above.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Annual Goals and Objectives
AP-20 Annual Goals and Objectives
Goals Summary Information
Sort
Order
Goal Name Start
Year
End
Year
Category Geographic
Area
Needs
Addressed
Funding Goal Outcome
Indicator
1 Infrastructure
and Public
Facilities
2023 2027
Non-Housing
Community
Development
City-wide
Infrastructure
and Public
Facilities
CDBG:
$358,126
Public Facility or
Infrastructure
Activities other
than
Low/Moderate
Income Housing
Benefit: 2,955
Persons Assisted
2 Fair Housing 2023 2027 Fair Housing City-wide Fair Housing CDBG:
$20,000
Public Service
Activities other
than
Low/Moderate
Income Housing
Benefit: 35
Persons Assisted
3 Administration
and Planning 2023 2027 City-wide Administration and Planning CDBG:
$42,825
Table 6 – Goals Summary
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Goal Descriptions
1 Goal Name Infrastructure and Public Facilities
Goal
Description
Improve and expand infrastructure and public facilities that benefit low- and moderate-income neighborhoods and residents. The Objective/Outcome categories will be A Suitable Living Environment/Availability/Accessibility (SL-1) with a goal of assisting 5 public facilities/infrastructure projects (1 annually). A total of 9,275 disabled residents will benefit from ADA accessibility improvements.
2 Goal Name Economic and Human Development
Goal
Description
Provide for the economic development needs of low- and moderate-income persons. The Objective/Outcome categories will be Economic Opportunity/Availability/Accessibility (EO-1), with a goal of assisting 1 business over five years.
3 Goal Name Public Services
Goal
Description
Provide supportive services for the City’s low- and moderate-income residents and persons with special needs, with the goal of assisting 50 persons over five years. 4 Goal Name Fair Housing
Goal
Description
Promote fair and equal housing choice for all persons, promote housing that is accessible to and usable by persons with disabilities, and comply with the non-discrimination requirements of the various Fair Housing laws. The Objective/Outcome categories will be Decent Housing/Availability/Accessibility (DH-1), with a goal of assisting 175 low/mod people (35 annually). 5 Goal Name Administration and Planning
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Goal
Description
Provide for administration and planning activities to develop housing and community development strategies and programs needed to carry out actions that address identified needs in the Consolidated Plan. The Objective/Outcome categories will be A Suitable Living Environment/Availability/Accessibility (SL-1), with a goal of successfully administering the CDBG program per HUD regulations.
Estimate the number of extremely low-income, low-income, and moderate-income families to whom the jurisdiction will provide affordable housing as defined by HOME 91.215(b) The City of Glendora is not undertaking affordable housing activities using CDBG funds.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Projects
AP-35 Projects – 91.220(d)
Introduction
As of the writing of this document, HUD had not informed the City of the amount of the actual FY 2025-2026 allocation. Per HUD’s guidance, the City is prepared this document using an estimate of the FY 2025-2026 CDBG Entitlement based on prior year funding.
The Action Plan made available during the public comment period included a Contingency Plan which outlined how funding for each project would be adjusted once the actual CDBG Entitlement allocations were announced.
The City of Glendora is basing funding calculations on the actual allocation of $314,125 in CDBG Entitlement funds for FY 2025-2026. The City also has $106,826 in Program Income to use for FY 2025-2026 activities. Based on the limited amount of resources available to the City, statutory restrictions, and the Priority needs established in the Consolidated Plan, staff recommendations for the FY 2025-2026 Annual Action Plan are as follows:
1. Administration: $42,825
2. Fair Housing: $20,000
Sub-Total $62,825
3. Activities: 2025 Street Improvement
/ Accessibility Project: $358,126
Grand Total $420,951
Projects
# Project Name
1 2025 Street Improvement / Accessibility Project
2 Fair Housing
3 General CDBG Administration
Table 6- Project Information
The total amount of funding recommendations benefiting low- and moderate-income persons equals 100 percent for funds subject to the low/mod benefit calculations.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Describe the reasons for allocation priorities and any obstacles to addressing underserved needs
The City’s FY 2023-2027 Con Plan identifies the elderly, homeless, at risk of homelessness, and disabled as the underserved in Glendora. In addition to programs provided by the City using CDBG funds, these groups are served through an extensive network of providers funded by non-CDBG sources. See AP-65 section of this Action Plan for more information on those services.
In FY 2025-2026, the City will fund the Street Improvement/ Accessibility Project, see Appendix B – Project Map, which will benefit the disabled and the elderly significantly since it includes curb ramps in addition to the street paving. In FY 2025-2026, the City will also fund a contract with The Housing Rights Center. The elderly, those at risk of homelessness, and the disabled are at greater risk of experiencing fair housing issues.
The City’s fair housing effort through The Housing Rights Center are not limited to any particular group but given the high risk of fair housing issues that the elderly, those at risk of homelessness, and the disabled experience, the City feels it is a valuable way in which to serve these underserved groups.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
AP-38 Project Summary
Project Summary Information
1 Project Name 2025 Street Improvement / Accessibility Project Target Area This project is not in a specific target area.
Goals Supported Infrastructure and Public Facilities
Needs Addressed Infrastructure and Public Facilities
Funding CDBG: $358,126
Description This project will remove architectural barriers for 14,373 residents of the City (8,662 residents over 65 and 5,711 disabled residents).
Target Date 6/30/2027
Estimate the number and type of
families that will benefit from the
proposed activities
A total of 14,373 residents will be benefitted.
Location Description This project will take place in various areas in the City.
Planned Activities This project will remove architectural barriers for 14,373 residents of the City (8,662 residents over 65 and 5,711 disabled residents). 2 Project Name Fair Housing
Target Area Citywide
Goals Supported Fair Housing
Needs Addressed Fair Housing
Funding CDBG: $20,000
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Description The City will contract with the Housing Rights Center to provide fair housing services including complaint intake, enforcement, and education and outreach activities. This will foster fair and equal housing choice for all persons.
Target Date 6/30/2026
Estimate the number and type of
families that will benefit from the
proposed activities
Approximately 35 persons will benefit.
Location Description The project is available on a citywide basis. The program is administered at 520 S Virgil Ave, Ste 400, Los Angeles, CA 90020 by the Housing Rights Center. Services will be available to all residents city-wide.
Planned Activities The Housing Rights Center will assist the City with fair housing complaint intake, enforcement, and education and outreach activities. This will foster fair and equal housing choice for all persons.
3 Project Name General CDBG Administration
Target Area N/A
Goals Supported Administration and Planning
Needs Addressed Administration and Planning
Funding CDBG: $42,825
Description Provide for administration and planning activities to develop housing and community development strategies and programs needed to carry out actions that address identified needs in the Consolidated Plan.
Target Date 6/30/2026
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Estimate the number and type of
families that will benefit from the
proposed activities
N/A
Location Description Project is available on a citywide basis. The program is administered at 116 E.
Foothill Blvd. Glendora, CA 91741 by the City's Planning Department.
Planned Activities Provide for administration and planning activities to develop housing and community development strategies and programs needed to carry out actions that address identified needs in the Consolidated Plan.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
AP-50 Geographic Distribution – 91.220(f)
Description of the geographic areas of the entitlement (including areas of lowincome and minority concentration) where assistance will be directed Due to the limited amount of CDBG funds received, the City plans to focus on a few key activities in FY 2025-2026. Services are not targeted to any specific area. The 2025 Street Improvement / Accessibility project will take place in a low- and moderate-income area to meet the requirements of the assigned National Objective. Fair housing services will be available citywide to all residents. Geographic distribution of funding is based on the nature of the activity to be funded and will occur as follows:
Target Area Percentage of Funds
CDBG Low-Mod
Income Target Areas 0
Table 7- Geographic Distribution
Rationale for the priorities for allocating investments geographically Given the limited level of CDBG funding, the City believes that the strategy most impactful to the low- and moderate-income community is to provide fair housing services City-wide, and to concentrate CDBG-funded street improvements in low- and moderate-income areas.
Discussion
See discussion above.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Affordable Housing
AP-55 Affordable Housing – 91.220(g)
Introduction
The development of affordable housing was not identified as a priority in the 2023-2027 Con Plan. Nevertheless, the City does understand the need for affordable housing and invests other resources and funding in the development of new affordable units when available.
In FY 2023-2024, the City used funds from the Affordable Housing Fund to acquire a parcel of land intended to be used for an affordable housing project. The specifics have not yet been determined, but the project may include emergency shelter, affordable rental housing, or both. The City has partnered with an affordable housing developer, but the project is still in the planning phases. The City expects their affordable housing developer partner to assist in further defining the project and identifying and obtaining additional funding from other sources.
The City is also in negotiation with a developer to dispose of a parcel of City-owned surplus land. Under the Surplus Land Act, sale of this property to the developer would come with a requirement to set aside at least 15 percent of the units developed as affordable housing.
Fair housing issues are affordable housing issues since fair housing problems are disproportionately experienced by low- and moderate-income residents. The City will provide $20,000 in FY 2025-2026 CDBG funds for a Fair Housing Program through a contract with Housing Rights Center (HRC). Services will include landlord/tenant information to residents and housing providers who request counseling, resource referral, complaint investigation, and public education on all forms of housing discrimination.
Approximately 35 low-income persons will be assisted, including elderly, single-parent, and disabled special needs households.
The City will continue to participate in the Los Angeles County Development Authority’s Section 8 Housing Choice Voucher Program. Based on prior year statistics, approximately 58 low-income renter-households will be assisted in FY 2025-2026, which will include elderly, single-parent, and disabled special needs households.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
One Year Goals for the Number of Households to be
Supported
Homeless 0
Non-Homeless 0
Special-Needs 0
Total 0
Table 8 - One Year Goals for Affordable Housing by Support Requirement One Year Goals for the Number of Households Supported
Through
Rental Assistance 0
The Production of New Units 0
Rehab of Existing Units 0
Acquisition of Existing Units 0
Total 0
Table 9 - One Year Goals for Affordable Housing by Support Type Discussion
See discussion above.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
AP-60 Public Housing – 91.220(h)
Introduction
No public housing is located in the City of Glendora.
Actions planned during the next year to address the needs to public housing.
Not Applicable. No public housing is located in the City of Glendora.
Actions to encourage public housing residents to become more involved in management and participate in homeownership.
Not Applicable. No public housing is located in the City of Glendora.
If the PHA is designated as troubled, describe the manner in which financial assistance will be provided or other assistance?
The Los Angeles County Development Authority (LACDA) administers the Housing Choice Voucher program on behalf of the City of Glendora. LACDA is identified as a High Performing Housing Authority and is not designated as troubled under 24 CFR part 902.
Discussion
See discussion above.
AP-65 Homeless and Other Special Needs Activities – 91.220(i) Introduction
In the FY 2023-2027 Consolidated Plan, homeless activities were not established as a high priority for the use of CDBG funds. However, the City has been in the forefront of helping the homeless through the services of dedicated City staff and effective coordination with a number of other agencies. The City continues to make an impact on homelessness through the services of dedicated City staff, the use of other, non-CDBG funding and coordination with the following agencies regarding the needs of those experiencing homelessness:
• Los Angeles Centers for Alcohol and Drug Abuse (LA CADA) contract with the city for full-time street outreach services. Los Angeles County Department of Mental Health for mental health services
• The Glendora Police Department for outreach and coordination of services • Shepard’s Pantry for food services and clothing
• Los Angeles County Food Bank for food services
• YWCA San Gabriel Valley for daily nutrition program, social services • Glendora Ministerial Association works with the homeless division on coordination of services.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
• Los Angeles County Homeless Initiative work with staff on homeless priorities. • San Gabriel Valley Council of Governments (SGVCOG) works with staff for funding services and has awarded a $50,000 Housing Solutions Fund grant for FY 2025- 2026.
• San Gabriel Valley Homeless Consortium work with staff for SPA 3 coordination of services
• Los Angeles Homeless Services Authority (LAHSA) works with staff for shelter housing.
• City of Glendora Homeless Taskforce works with staff on prioritizing homeless that need services based on their vulnerability.
• City of Glendora Human Services staff provide homeless prevention services for households at risk of homelessness.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Describe the jurisdiction’s one-year goals and actions for reducing and ending homelessness including:
Reaching out to homeless persons (especially unsheltered persons) and assessing their individual needs
The City of Glendora is a voting member of the Homelessness Committee of the San Gabriel Valley Council of Governments (SGVCOG) to study homeless issues and programs. The City will continue to work with the SGVCOG, and the other agencies listed in the Introduction to this section to reach out to homeless persons and assess their individual needs. In FY 2024-2025, the City received a $150,000 grant from the United Way Granter Los Angles for Homeless Daytime services at senior centers.
This was a one-year grant to make improvements to the senior center that the homeless use i.e. computer lab and kitchen upgrade. In FY 2023-2024 the City also received a $50,000 grant from the SGVCOG for homeless services such as temporary housing, move-in assistance, and homeless prevention and diversion assistance. The SGVCOG awarded the City an additional $50,000 grant for FY 2024-2025 to continue to provide these services.
The City also uses $1,000,000 in American Rescue Plan Act (ARPA) funds and $450,000 in affordable housing funds to assist in homeless services and has a contract with the Los Angeles Centers for Drug and Alcohol Abuse to provide services in the City.
The City will also address the homelessness issue with $1,000,000 in American Rescue Plan Act (ARPA) funds, a contract with the Los Angeles Centers for Drug and Alcohol Abuse, and coordination with a number of other agencies. Also, as noted above, in FY 2023-2024 the City used $450,000 affordable housing funds to acquire a parcel of land to be used for a future affordable housing project.
Addressing the emergency shelter and transitional housing needs of homeless persons
The City will continue to work with the agencies listed above, and the non-profit community, to address the needs of those experiencing homelessness. The grant from the SGVCOG, as noted above, may be used to develop temporary homeless housing.
Helping homeless persons (especially chronically homeless individuals and families, families with children, veterans and their families, and unaccompanied youth) make the transition to permanent housing and independent living, including shortening the period of time that individuals and families experience homelessness, facilitating access for homeless individuals and families to affordable housing units, and preventing individuals and families who were City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
recently homeless from becoming homeless again
Through FY 2021-2022 Measure H grant funds were used to provide case management services to the homeless and those at risk of homelessness in Glendora and four surrounding cities (Azusa, Covina, Duarte, Glendora, and West Covina). In 2021 ARPA funds were used to enter into a contract with LA CADA for street outreach and case management services which began in 2022. In FY 2024-2025 these funds were used to place 25 individuals in interim housing, help six individuals obtain permanent housing, and assist two individuals to obtain a Section 8 Housing Voucher and one individual obtain affordable housing. Three individuals have accepted substance use treatment/detox services and 54 individuals have received other health-related services.
Helping low-income individuals and families avoid becoming homeless, especially extremely low-income individuals and families and those who are:
being discharged from publicly funded institutions and systems of care (such as health care facilities, mental health facilities, foster care and other youth facilities, and corrections programs and institutions); or, receiving assistance from public or private agencies that address housing, health, social services, employment, education, or youth needs
In FY 2024-2025, the City received a $150,000 grant from the United Way of Greater Los Angles for Homeless Daytime services at senior centers. This is a one-year grant to make improvements to the senior center that the homeless use. Funding has been used to install computer lab partitions, new flooring, interior paint, exterior trim, rain gutters, new seating, and a complete common kitchen renovation. In FY 2023-2024 the City also received a $50,000 grant from the SGVCOG for homeless services such as crisis housing. The SGVCOG then awarded the City an additional $50,000 grant for FY 2024-2025 for the City to continue to provide these services. The funds have also been used for homeless prevention and diversion. In FY 2024-2025, 2 households were assisted with move-in expenses and 4 households were provided prevention and diversion assistance.
The comprehensive services provided by the agencies discussed above target those who are most at-risk, including extremely low-income individuals and families, those who are being discharged from publicly funded institutions and systems of care, and those who are receiving assistance from public or private agencies.
The City continues to coordinate with the agencies listed in earlier in this section.
Services provided by those agencies assist low-income individuals and families with the transition to permanent housing and independent living, including shortening the period that individuals and families experience homelessness. They also facilitate access for homeless individuals and families to affordable housing units, which can prevent individuals and families who were recently homeless from becoming City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
homeless again.
Fair housing issues disproportionally impact low- and moderate-income residents.
Addressing fair housing issues in a timely and effective manner can prevent low- and moderate-income residents from becoming homeless. The City will provide $20,000 in FY 2025-2026 CDBG funds for a Fair Housing Program through a contract with Housing Rights Center (HRC). Services will include landlord/tenant information to residents and housing providers who request counseling, resource referral, complaint investigation, and public education on all forms of housing discrimination.
Approximately 35 low-income households will be assisted, including elderly, singleparent, and disabled special needs households.
Discussion
See above.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
AP-75 Barriers to affordable housing – 91.220(j)
Introduction
Laws and policies designed to protect residents and the environment can often function as constraints to any housing development. Infrastructure requirements, wage act compliance, environmental compliance, development limits based on the availability of water are put in place to ensure the community can support new housing in a safe and beneficial manner. However necessary and well-intentioned, they can add significantly to land costs and construction costs. This can function as a constraint on all housing, but much more so on the development of affordable housing as it adds significantly to cost, which is the most critical barrier to affordable housing as noted below.
Even when resources are available, they are often not sufficient to underwrite enough of the costs to produce housing for the very low and extremely low population. Despite these challenges, the City is committed to removing governmental constraints that hinder the production of housing.
Actions it planned to remove or ameliorate the negative effects of public policies that serve as barriers to affordable housing such as land use controls, tax policies affecting land, zoning ordinances, building codes, fees and charges, growth limitations, and policies affecting the return on residential investment.
The City takes actions to reduce costs or provide off-setting incentives to assist in the production of safe, high-quality, affordable housing. However, the increasing costs of producing all housing, including affordable housing, and the lack of governmental resources to underwrite the costs make producing affordable housing very difficult. These factors tend to disproportionately impact lower- and moderate-income households due to their more limited capacity to absorb rising market costs.
The City will continue to implement the one-stop streamlined permit processing as required by State law and offer incentives to foster affordable housing development through State density bonus law and local incentives.
The City of Glendora works to remove barriers to affordable housing by implementing a Housing Element that is consistent with California law. The City’s updated Housing Element for 2021-2029 was adopted by the City Council on December 13, 2022.
Programs included in the 2021-2029 Housing Element which directly address the issue of government constraints which include:
• Changing the Zoning Code to allow for the easier development of various homeless and at-risk-of-homelessness service centers.
• Adopting the changes to the State Density Bonus law, including:
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
o AB1763 – Density Bonus for 100 Percent Affordable Housing o SB1227 – Density Bonus for Student Housing
o AB2345 – Increase Maximum Allowable Density
• Implementing several development code revisions which facilitate the development of housing to meet the needs of residents in all income categories. • Adopting the changes to the State Accessory Dwelling Unit (ADU) laws and developing additional incentives and actions to encourage ADU production by the end of 2025.
Fair housing issues are also affordable housing issues since they disproportionally impact low- and moderate-income residents. The City identified barriers to fair housing as part of the development of the Analysis of Impediments to Fair Housing Choice (AI). The AI did not identify any Glendora land use policies or zoning which would present an impediment to fair housing choice.
Discussion
See discussion above.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
AP-85 Other Actions – 91.220(k)
Introduction
The City of Glendora will address the issues below through partnerships with other agencies serving City residents as discussed below.
Actions planned to address obstacles to meeting underserved needs.
The City’s FY 2023-2027 Con Plan identifies the elderly, homeless, at risk of homelessness, and disabled as the underserved in Glendora. The main obstacle to meeting underserved needs is a lack of funding. The City prioritizes funding activities which will benefit those underserved groups, including the 2025 Street Improvement / Accessibility Project (benefitting elderly and the disabled), and the Fair Housing Project (benefitting the elderly, at risk of homelessness, and the disabled). The City will continue to rely on its existing network of public and nonprofit service agencies, along with the City's Recreation and Humans Services Department, to provide an array of supportive services for the City's underserved groups.
Actions planned to foster and maintain affordable housing.
The City will continue to foster affordable housing development in the community through incentives such as density bonuses.
Fair housing is an affordable housing issue since fair housing issues disproportionately impact low- and moderate-income residents. Fostering fair housing as a homeless prevention strategy can assist those facing unfair evictions and foreclosure frauds, often those most in need of affordable housing, and therefore be able to remain in their homes.
In FY 2025-2026 the City will continue to fund a Fair Housing Program through a contract with Housing Rights Center (HRC). Services will include landlord/tenant information to residents and housing providers who request counseling, resource referral, complaint investigation, and public education on all forms of housing discrimination.
As noted earlier, in FY 2023-2024, the City used funds from the Affordable Housing Fund to acquire a parcel of land intended to be used for an affordable housing project. The specifics have not yet been determined, but the project may include emergency shelter, affordable rental housing, or both. The City has entered into a purchase and sale agreement with a developer and the property is currently in escrow. The agreement on the disposition of the land includes a requirement to set aside at least 15 percent of the units developed as affordable housing.
The City is also in the process of disposing of a 5.8-acre site under the Surplus Land Act.
Negotiations are ongoing with a developer who will be required to set aside at least 15 percent of any units produced for moderate income housing.
The City will also continue to participate in the Los Angeles County Development City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Authority’s Section 8 Housing Choice Voucher Program. Based on prior year’s statistics, approximately 54 low-income renter-households will be assisted in FY 2025-2026.
Actions planned to reduce lead-based paint hazards.
The City's Code Enforcement staff will continue to provide information of lead-based paint hazards and resources for abatement to residents. Such information is also available at public counters.
Actions planned to reduce the number of poverty-level families.
The City continues to expand economic opportunities for lower income persons, especially those living in poverty. The City maintains a reputation as one of the most business-friendly communities, attracting jobs for residents. The City maintains a dedicated section on its website to function as a centralized location for information and resources for existing and prospective businesses.
The City’s 2024-2025 Economic Action Plan outlines various actions to attract and retain businesses and employment in the City. Actions include providing educational workshops and informational materials, assisting in business licensing and land use/zoning issues, the promotion of a shop local campaign, and attracting filming in Glendora that would provide employment and vendor opportunities for residents and businesses. The City maintains a reputation as one of the most business-friendly communities.
Actions planned to develop institutional structure.
The City’s Housing Authority took over the management of the former Redevelopment Agency’s housing obligations when it became the Housing Successor. Also, in response to the dissolution of Redevelopment, the City eliminated the Housing Division and consolidated the administration of CDBG program under the City's Planning Department.
City staff have consulted with HUD staff and attended HUD trainings to better craft a CDBG program that can be delivered in a cost-effective manner. City staff will continue to communicate and work with HUD staff to implement the CDBG program and develop institutional structure.
Actions planned to enhance coordination between public and private housing and social service agencies.
The City will continue to coordinate with public and private housing and services agencies to deliver housing and community development activities in the community. Various agencies will continue to be invited to attend public meetings related to the CDBG program.
Discussion
See discussion above.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Program Specific Requirements
AP-90 Program Specific Requirements – 91.220(l)(1,2,4)
Introduction
Projects planned with all CDBG funds expected to be available during the year are identified in the Projects Table. The following identifies program income that is available for use that is included in projects to be carried out.
Community Development Block Grant Program (CDBG)
Reference 24 CFR 91.220(l)(1)
1. The total amount of program income that will have been received before the start of the next program year and that has not yet been reprogrammed.
$0
2. The amount of proceeds from section 108 loan guarantees that will be used during the year to address the priority needs and specific objectives identified in the grantee's strategic plan.
$0
3. The amount of surplus funds from urban renewal settlements. $0
4. The amount of any grant funds returned to the line of credit for which the planned use has not been included in a prior statement or plan. $0
5. The amount of income from float-funded activities. $0 Total Program Income $0
Other CDBG Requirements
1. The amount of urgent need activities $0
Discussion
See discussion above.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
APPENDIX A – OUTREACH
Outreach Materials
- Notice of Funding Availability Outreach Email
Proofs of Publication
- Notice of Funding Availability
- Notice of 30-Day Public Comment Period and Public Hearing Public Comments Received
- No public comments were received.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
APPENDIX B – MAP
City of Glendora FY 2025-2026
CDBG Street Improvement / Accessibility Project
Census Tract 4039.023 Block Group 1 and 2
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
APPENDIX C – CONTINGENCY STRATEGY
CITY OF GLENDORA CONTINGENCY STRATEGY TO ADDRESS
THE LATE RELEASE OF 2025-2026 CDBG ENTITLEMENT FUNDINGALLOCATIONS The City of Glendora (City) is an Entitlement Grantee for Community Development Block Grant (CDBG) funding from Department of Housing and Urban Development (HUD). Due to delay in the adoption of the federal budget, HUD may not announce the City’s actual FY 2025-2026 CDBG Entitlement allocation (allocation) until later than normal. HUD has provided guidance in CPD Notice 25-02 (Notice) on how to address this and other related impacts to the City’s CDBG program. Per the options provided in the Notice, the City plans to:
• Develop the FY 2025-2026 Draft Annual Action Plan (Action Plan) using estimated CDBG allocations, including conducting the public participation plan process and holding the public hearing before the City Council for adoption of the Action Plan; • Delay the formal submission of the Action Plan in HUD’s Integrated Disbursement and Information System (IDIS) until the actual FY 2025-2026 CDBG allocations have been announced by HUD, but in no case later than August 16, 2024; and • Include this Contingency Plan as an attachment to the Action Plan outlining the funding revisions to be undertaken if the FY 2025-2026 CDBG allocation is less or greater than the estimates used during the development of the Action Plan.
PROPOSED CONTINGENCY STRATEGIES
Decrease in Allocation
Revise funding in the following order:
Administration
• Fund the Fair Housing Project using Administration funds at the estimated amount.
• Reduce funding for the Administration Project to the remaining amount allowed under the Administration Funding Cap.
Capital
• Use all remaining funds for the FY 2025-2026 Street Improvement / Accessibility Project.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Increase in Allocation
Revise funding in the following order:
Administration
• Fund the Fair Housing Project using Administration funds at the estimated amount.
• Increase funding for the Administration Project to the remaining amount allowed under the Administration Funding Cap.
• Use all remaining funds for the FY 2025-2026 Street Improvement / Accessibility Project.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
APPENDIX D – WAIVER DOCUMENT
City of Glendora Waiver of Requirements at
24 CFR 570.200 (h) for Community Development Block Grants Program (CDBG) The City of Glendora (City) is an Entitlement Grantee for Community Development Block Grant (CDBG) funding from Department of Housing and Urban Development (HUD). Due to delay in the adoption of the federal budget, HUD may not announce the City’s allocation of FY 2025-2026 CDBG funds until later than normal. This will impact the development and submission of the FY 2025-2026 Action Plan (AAP) and operation of the City’s CDBG program. HUD has provided guidance in CPD Notice 25-02 (CPD Notice) on how to address this and other related impacts to the City’s CDBG program. Per the options provided in CPD Notice, the City has elected to continue its FY 2025-2026 AAP process on the normal timeline, and to delay the submission of the FY 2025-2026 AAP until the actual FY 2025-2026 CDBG allocations have been announced by HUD, but in no case no later than August 16, 2025.
The CPD Notice has provided options for the City to use a waiver of the regulations at 24 CFR 570.200(h) to incur costs prior to the effective date. Therefore, in accordance with the direction provided in the CPD Notice regarding the waiver of the requirements at 24 CFR 570.200 (h), the City intends to use those waivers in the submission of the FY 2025- 2026 CDBG Action Plan and operations of the FY 2025-2026 CDBG program. The City therefore certifies:
1. That the costs incurred prior to the CDBG and HOME grant awards are necessary for efficient and timely performance of the activity in question;
2. That the costs are for eligible activities under the regulations for the CDBG and HOME programs;
3. That the City has complied with all other requirements for pre-award costs under the regulations for the CDBG and HOME programs or as described in CPD Notice 24-01;
4. That the activity for which costs will be incurred is included in the FY 2025-2026 Action Plan; and
5. That the City has completed its citizen participation process by including in its files a written, dated summary of citizen participation comments received on its Plan, pursuant to 24 CFR 91.105(b)(5) or 91.115(b)(5) as applicable.
City of Glendora FY 2025-2026 Annual Action Plan
OMB Control No: 2506-0117 (exp. 09/30/2021)
Per 24 CFR 570.200 (h)(1)(ii), the City must advise citizens of the extent to which incurring pre-award costs may affect future grants. This might include activities being disallowed and funds returned to HUD if the activities do not meet the applicable regulations. The City therefore certifies:
1. That the Citizen Participation process will be undertaken in a timely manner and will include all required notices, public comment periods, and public hearings;
2. That all activities undertaken will be eligible activities meeting a HUD-required National Objective; and
3. That the City will follow the requirements at 24 CFR 58 to ensure that all environmental compliance documentation is completed in a timely manner.
Further, the City will not take any actions that would have an adverse environmental impact or limit the choice of reasonable alternatives.
COMMUNITY DEVELOPMENT
BLOCK GRANT (CDBG)
COMMUNITY DEVELOPMENT
CITY COUNCIL
APRIL 22, 2025
SHANTELLE CORIA, MANAGEMENT AIDE
QUICK OVERVIEW AND ACCEPTABLE USE
OF CDBG FUNDS
• Federally funded program aimed at fostering community development and economic stability
• Must meet national objectives, and
• Must be a priority need identified in consolidated plan Proposed FY 2025-2026
CDBG Annual Action Plan
ACTIVITY/PROJECT
Amount
(estimated)
Entitlement %
(actual)
General CDBG Administration $42,825
Fair Housing $20,000
Administration and Fair Housing Sub-Total: $62,825 20%
2025-2026 Street Improvement/Accessibility Project
Allocation Amount: $251,300 80%
Unallocated Funds: $106,826
Infrastructure Sub-Total: $352,126
TOTAL CDBG BUDGET FOR FISCAL YEAR 2025-2026: $420,951
100%
plus unallocated
funds
Allocation Adjustment Methodology
ACTIVITY/PROJECT
Amount
(estimated)
Entitlement %
(actual)
General CDBG Administration $XX,XXX Reduced or
Increased
Fair Housing $20,000 No Change
Administration and Fair Housing Sub-Total: $XX,XXX 20%
2025-2026 Street Improvement/Accessibility Project
Allocation Amount: $XXX,XXX 80% (of remaining)
Unallocated Funds: $106,826 No Change
Infrastructure Sub-Total: $XXX,XXX
TOTAL CDBG BUDGET FOR FISCAL YEAR 2025-2026: $XXX,XXX
100%
plus unallocated
funds
STREET IMPROVEMENT/ACCESSIBILITY
PROJECT
TIMELINE AND REQUIREMENTS
• 1st public hearing: March 11, 2025
• 30-day public review: March 21st through April 22nd
• 2nd public hearing: April 22, 2025
• Submission of application with annual action plan to HUD
RECOMMENDATIONS
That the City Council:
1. Approve the CDBG Annual Action Plan for FY 2025 - 2026;
2. Authorize staff to adjust funding levels based on actual allocation; and
3. Authorize the City Manager to submit the Annual Plan for CDBG funding to the Department of Housing and Urban Development (HUD).
STAFF REPORT
TO: Mayor and Council Members DATE: April 22, 2025
FROM: City Clerk DISTRICT(S): Citywide
SUBJECT: Affirm the City Council, Successor Agency and Housing Authority from the April 8, 2025 meeting
RECOMMENDATION
That the City Council, Successor Agency and Housing Authority:
1. Affirm minutes as presented.
STRATEGIC FOCUS AREAS
Not Applicable
EXECUTIVE SUMMARY
This staff report requests affirmation of the minutes from previous meetings. The minutes have been prepared and reviewed in accordance with city procedures and transparency requirements. Affirming these minutes ensures the accuracy and integrity of the official record. Staff recommends approval to maintain proper documentation and compliance with meeting protocols.
LEGISLATIVE HISTORY / PREVIOUS ACTIONS
Not applicable.
DISCUSSION
Pursuant to the City’s standard practices and the Brown Act, meeting action minutes are reviewed and affirmed by the legislative bodies to ensure transparency and accuracy in government proceedings. The action minutes for the April 8, 2025 meeting was compiled based on staff notes and official recordings. No requests for revisions or amendments have been received to date.
By affirming minutes, legislative bodies acknowledge their accuracy and preserve them as an official record of the meeting. If any corrections or amendments are desired, they can be addressed before final affirmation.
FISCAL IMPACT
There is no fiscal impact associated with this action.
ENVIRONMENTAL DETERMINATION
There are no environmental impacts associated with this action.
Prepared By Roxanne Breceda, Deputy City Clerk / Records Manager Concurs With Not Applicable
Reviewed By Kathleen R. Sessman, City Clerk/Communications Director Certified to Availability of Funds Not Applicable
Approved By Not Applicable
Legal Review Not Applicable
CEQA Review Not Applicable
ATTACHMENTS:
A. April 8, 2025 Regular Meeting Minutes
Attachments
A. April 8, 2025 Regular Meeting Minutes.pdf
City of Glendora Minutes
Regular Meeting
Tuesday, April 8, 2025
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 of the former Community Redevelopment Agency, and Housing Authority and Public Financing Authority, which are concurrently convening this evening.
CALL TO ORDER
The City Council, Successor Agency, and Housing Authority meeting was called to order at 6:00 PM.
ROLL CALL
Members Present: Karen Davis, Shaunna Elias, Mendell L. Thompson, Mayor Pro Tem/ViceChair Michael Allawos, Mayor/Chair David Fredendall 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, Public Works Director William Wittkopf, Recreation and Human Resources Director John Aguirre, City Clerk/Communications Director Kathleen Sessman, Captain Shelly Gold, Human Resources Analyst Jaclyn Brown, Media Specialist Craig Gill, Senior Media Specialist Greg Morton, and Deputy City Clerk/Records Manager Roxanne Breceda
REORDERING OF AND ADDITIONS TO THE AGENDA
Mayor Fredendall requested that the agenda be reordered to have Agenda Item #5 conducted before Item #1. There were no objections, agenda was reordered.
SPECIAL ITEMS
5. Recognition of Foothill Christian Students for the Great History Challenge The City Council conducted recognition to Foothill Christian Students: Jude Miralles, Evelyn Jarvie, Aiden Joens, and Ella Hale.
CLOSED SESSION
Closed Session titles were read into the record. There was no one wishing to provide public comment. The meeting convened into Closed Session at 6:12 PM.
1. CONFERENCE WITH LABOR NEGOTIATOR – A closed session will be held, pursuant to Government Code §54957.6 to conduct labor negotiations. City Manager Adam Raymond, City Attorney Danny Aleshire, Assistant City Manager Moises Lopez, Deputy City Manager Marie Ricci, and Human Resources Assistant Director Rita Wendling.
Employee Organization: Glendora Police Managers Association (GPMA), and Glendora Police Officers Association (GPOA)
2. 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) City Manager Adam Raymond, City Minutes Tuesday, April 8, 2025 Page 2 of 4
Regular Meeting City Council, Successor Agency and Housing Authority Attorney Danny Aleshire, Assistant City Manager Moises Lopez, and Community Development Director Jeff Kugel 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 Exclusive Negotiating Agreement
3. CONFERENCE WITH REAL PROPERTY NEGOTIATORS – A closed session will be held, pursuant to Government Code § 54956.8, to enable the City Council to consider negotiations with Glendora Unified School District, with whom City is negotiating and to give direction to its negotiator(s) Adam Raymond, Danny Aleshire, Jeff Kugel, and Moises Lopez regarding certain real properties in Glendora Unified School District: Whitcomb Continuation High School (Approx. 9.48 acres), 350 W. Mauna Loa Avenue, APN 8640- 006-901; Williams Education Center (Approx. 9.31 acres), 301 S. Loraine Avenue, APN 8649-020-901; and Azusa Unified School District: Azusa Adult Education Center (Approx. 9.07 acres), 1134 S. Barranca Avenue, APN 8632-001-900. The City’s real property negotiators will seek direction from the City Council regarding these properties Closed Session adjourned at 7:00 PM and the meeting reconvened back into Open Session at 7:09 PM. City Attorney Aleshire reported that Closed Session Items 1 – 3 were discussed, staff provided a status report to City Council, and no report action was taken.
INVOCATION AND PLEDGE OF ALLEGIANCE
The Invocation was given by Pastor Mike Churchill of Cornerstone Bible Church.
The Pledge of Allegiance was led by the Los Angeles County Fire Department Assistant Fire Chief Steve Cabrera.
PUBLIC COMMENT
4. Public Comments received
Comments were received from: Erica Landmann, Assistant Fire Chief Steve Cabrera, and Ash Nayak.
CITY MANAGER AND CITY ATTORNEY STATEMENTS
City Manager/Execute Director Raymond addressed public comment statements relating to the Morgan Ranch community and 2025 Community Survey questions relating to South Hills development.
MEMBER STATEMENT/REPORTS
Council Member/Commissioner Elias commented on the opportunity to visit the Public Works Street Yard; and commended Glendora High School Student Report Representative Lily Lusk for hitting a home run.
Council Member/Commissioner Thompson commented on the increase in sales tax, Measures A and Z; and the Los Angeles County Board of Supervisors' approval to create a new county department for regional homeless services.
Council Member/Commissioner Davis commented on the City’s partnership with the San Gabriel Valley Council of Governments and her role on the Homeless Committee; and announced Easter Egg Hunt on April 19, Earth Day Festival on April 26, and 2025 Glendora Mayor’s Prayer Breakfast on April 30, 2025.
Minutes Tuesday, April 8, 2025 Page 3 of 4
Regular Meeting City Council, Successor Agency and Housing Authority Mayor Pro Tem/Vice-Chair Allawos reported on the CalCities Policy Committee meeting and requested a report on Cal Fire defensible space requirements for Zone 0.
Mayor/Chair Fredendall announced Easter Egg Hunt on April 19, 2025, Glendora Mayor’s Prayer Breakfast on April 30, 2025, and the State of the City on May 8, 2025; and commented on Measure A.
SPECIAL ITEMS
6. A Proclamation proclaiming April 22, 2025 as Earth Day A Proclamation was presented to Athens Director of Government Affairs Denaee Amaya and Recreation and Human Services Director John Aguirre.
7. A Proclamation proclaiming April 13 – 19, 2025 as National Public Safety Telecommunicators Week
A Proclamation was presented to Dispatcher II Cory Ennis.
8. A Proclamation proclaiming April 6 – 12, 2025 as National Library Week A Proclamation was presented to Board of Library Trustee Erica Landmann.
CONSENT CALENDAR
A motion was made by Mayor Pro Tem/Vice-Chair Allawos, seconded by Council Member/Commissioner Davis, to approve Consent Calendar Items #9 - #11 as presented, affirming the actions appropriate to each item. Motion carried 5 – 0 as follows: AYES: Davis, Elias, Thompson, Allawos, Fredendall; NOES: None; ABSENT: None; ABSTAIN: None.
9. Affirming City Council, Successor Agency and Housing Authority minutes for March 25, 2025 Meeting
The City Council, Successor Agency and Housing Authority affirmed the minutes as presented.
10. Review and Affirm City Council and Successor Agency Disbursements for March 2025 in the Amount of $4,147,735.36
The City Council and Successor Agency reviewed and affirmed disbursements for March 2025 in the amount of $4,147,735.36.
11. Notice of Completion for Mauna Loa Avenue, east of Glendora Avenue Water and Street Improvements Project, Plan Numbers 1346 and 1347
The City Council 1. Accepted the completion of Mauna Loa Avenue, east of Glendora Avenue Water and Street Improvements Project, Plan Numbers 1346 and 1347 by Stephen Doreck Equipment Rentals, Inc.; 2. Approved the final contract amount of $2,903,471; 3. Authorized the Mayor or his designee to sign & file the Notice of Completion with the County of Los Angeles Registrar-Recorder; 4. Authorized the Public Works Director to release project retention in the amount of $142,937.50 to Stephen Doreck Equipment Rentals, Inc. 35 days following recordation of the Notice of Completion; 5. Authorized the Release of the Payment Bond in the amount of Minutes Tuesday, April 8, 2025 Page 4 of 4
Regular Meeting City Council, Successor Agency and Housing Authority $2,649,395.00, six months after recordation of the Notice of Completion, if no claims have been received; and 6. Authorized the release of the Performance Bond one year following recordation of the Notice of Completion if the improvements remain free from defects in materials and workmanship.
NEW BUSINESS
12. Award an Agreement to Big Ben Inc., for the Lone Hill Water Main Relining Project in the amount of $572,000
A motion was made by Mayor Pro Tem Allawos, seconded by Council Member Thompson, that the City Council 1. Adopt City Council Resolution CC 2025-07 entitled, “A RESOLUTION OF
THE CITY COUNCIL FINDING AND DECLARING, BY A FOUR-FIFTHS VOTE OF THE
ENTIRE CITY COUNCIL, THAT AN EMERGENCY EXISTS WHICH WILL NOT PERMIT
THE COMPETITIVE SOLICITATION OF BIDS TO REPAIR A SIGNIFICANT WATER
MAIN BREAK LOCATED OFF OF NORTH LONE HILL AVENUE ON GORDON RANCH
ROAD, AND AUTHORIZING THE CITY MANAGER TO AWARD CONTRACTS NECESSARY TO REPAIR AND REMEDIATE THE SAME;” 2. Award an Agreement to Big Ben Inc., for the Lone Hill Water Main Relining Project in the amount not to exceed $520,000; 3.
Authorize a ten percent (10%) contingency in the amount of $52,000; 4. Authorize the City Manager or his designee to execute the Agreement with Big Ben Inc., including minimal and/or non-substantive changes; and 5. Adopt a Categorical Exemption from the California Environmental Quality Act Pursuant to Section 15269 (b), Emergency Projects, of the California Code of Regulations. Motion carried 5 – 0 as follows: AYES: Davis, Elias, Thompson, Allawos, Fredendall; NOES: None; ABSENT: None; ABSTAIN: None.
MEMBER/STAFF CLOSING COMMENTS
Council Member/Commissioner Thompson requested a report on the Flock System license plate vehicle readers technology and its role as a tool for law enforcement and commented on Morgan Ranch robberies.
Mayor Pro Tem/Vice-Chair Allawos wished everyone a Happy Easter.
ADJOURNMENT
Meeting adjourned at 8:16 PM.
Kathleen R. Sessman, MMC
City Clerk/Communications Director
Minutes were affirmed on ___________.
STAFF REPORT
TO: Mayor and Council Members DATE: April 22, 2025
FROM: Finance DISTRICT(S): Citywide
SUBJECT: City of Glendora and Glendora Successor Agency Investment Report for March 2025
RECOMMENDATION
That the City Council and Glendora Successor Agency:
1. Receive and file the Monthly Investment Activity Report for March 2025.
STRATEGIC FOCUS AREAS
Goal 2: Maintain Financial Stability and Sustainability (MFSS)
EXECUTIVE SUMMARY
The City’s book value of cash and investments for March 2025 totaled $115,399,534. This is a slight decrease of $118,967 (-0.10%) compared to the previous month. A notable payment in the month of March contributing to the decrease was payment for asphalt patch work totaling approximately $200,000.
LEGISLATIVE HISTORY / PREVIOUS ACTIONS
Pursuant to Section 19 of the City’s FY 2024-25 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 2025, 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.
In the month of March, there were seven investment purchases (consisting of Medium-Term Corporate Notes, Federal Agency Securities, and Certificates of Deposit) totaling $3,735,000. There were six securities that matured at $4,034,000, resulting in neither a gain nor loss.
FISCAL IMPACT
There is no fiscal impact associated with the recommended action.
ENVIRONMENTAL DETERMINATION
Not applicable.
Prepared By Kylie Petrovick, Accountant
Concurs With Not Applicable
Reviewed By Kyle Johnson, Finance Director/City Treasurer Certified to Availability of Funds Kyle Johnson, Finance Director/City Treasurer Approved By Adam Raymond, City Manager
Legal Review Not Applicable
CEQA Review Not Applicable
ATTACHMENTS:
A. March 2025 Investment Report
Attachments
A. March 2025 Investment Report.pdf
Financial Advisor
GIORDANO CRAWFORD
WEALTH MANAGEMENT
626-405-4753
UBS Client Review
As of March 31, 2025
251 South Lake Avenue10th FloorPasadena, CA 911013003Branch office Report Prepared for: City of Glendora* excluded from performance exhibits Type
AccountName
AccountNumberSX XX180 City of Glendora Business Service Account@SX XXX279* CITY OF GL Non UBS Investment LAIF@SX XXX283* CITY OF GL Non UBS Investment Bank of America What's insideAsset Allocation Review. . . . . . . . . . . . . . . . . . . . . . 2Sources of Portfolio Value. . . . . . . . . . . . . . . . . . . . 3Bond Summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Portfolio Holdings. . . . . . . . . . . . . . . . . . . . . . . . . . 5Bond Holdings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18Important Information About This Report. . . . . . . . 31
Consolidated report prepared for City of Glendora
Asset Allocation Reviewas of March 31, 2025
Summary of Asset Allocation
Market
value ($)
% of
Portfolio
Cash 24,405,415.68 21.13
Cash 24,405,415.68 21.13 US 24,405,415.68 21.13
Fixed Income 91,074,343.53 78.87
US 91,074,343.53 78.87 US Fixed Income 14,150,775.00 12.25 Government 52,933,683.81 45.84 Corporate IG Credit 23,989,884.72 20.77 Equity 0.00 0.00Commodities 0.00 0.00Non-Traditional 0.00 0.00Other 0.00 0.00Total Portfolio $115,479,759.21 100%Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category Cash 21.13%US Fixed Income 78.87%
Total Value: $115,479,759.21
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, 2025 Page 2 of 36 Consolidated report prepared for City of Glendora
Sources of Portfolio Valueas of March 31, 2025
Market Value Net amount you invested (net of fees)
02/22 12/22 12/23 03/25
5075
100125150
$ Millions
MTD
02/28/2025 to
03/31/2025
QTD
12/31/2024 to
03/31/2025
ITD
02/23/2022 to
03/31/2025
YTD
12/31/2024 to
03/31/2025
Opening value 104,108,363.51 103,422,623.88 103,422,623.88 40,589,214.16Net deposits/withdrawals -109,896.21 -395,541.09 -395,541.09 57,052,662.48Div./interest income 114,964.93 467,888.87 467,888.87 5,730,630.28Change in accr. interest 52,256.50 59,387.78 59,387.78 343,593.14Change in value 232,411.98 843,741.27 843,741.27 682,000.64Closing value 104,398,100.72 104,398,100.72 104,398,100.72 104,398,100.72Net Time-weighted ROR 0.38 1.33 1.33 1.84Performance returns are annualized after 1 year. Net deposits and withdrawals include program and account fees.Benchmarks - Annualized time-weighted returnsUS Treasury Bill - 3 Mos 0.34 1.04 1.04 4.19BofA Corp/Gov 1-5Y 0.49 2.00 2.00 2.22BBG Agg Bond 0.04 2.78 2.78 -0.10Past performance does not guarantee future results and current performance may be lower/higher than past data presented.Report created on: April 01, 2025 Page 3 of 36 Consolidated report prepared for City of Glendora
Bond Summaryas of March 31, 2025Bond OverviewTotal quantity 92,349,000Total market value $90,663,482.88Total accrued interest $410,860.65Total market value plus accrued interest $91,074,343.53Total estimated annual bond interest $1,723,886.25Average yield to maturityAverage coupon 1.88%
4.35%1.90%4.33%
Average current yieldAverage yield to worstAverage modified duration 1.39Average effective maturity 1.56 Investment Type AllocationInvestment type Taxable ($) Total ($) Tax-exempt /
deferred ($)
% of
bond
port.
Certificates of deposit 14,150,775.00 0.00 14,150,775.00 15.54U.S. corporates 23,989,884.72 0.00 23,989,884.72 26.34U.S. federal agencies 47,904,683.22 0.00 47,904,683.22 52.60U.S. treasuries 5,029,000.59 0.00 5,029,000.59 5.52Total $91,074,343.53 $0.00 $91,074,343.53 100% Credit Quality of Bond HoldingsA Aaa/AAA/AAA 15 25,223,232.33 27.73B Aa/AA/AA 21 30,224,074.70 33.16C A/A/A 16 21,476,261.49 23.55D Baa/BBB/BBB 0 0.00 0.00E Non-investment grade 0 0.00 0.00F Certificate of deposit 59 14,150,775.00 15.57G Not rated 0 0.00 0.00Total 111 $91,074,343.53 100%Effective credit rating % of
port.
Value on
Issues 03/31/2025 ($)
Bond Maturity Schedule
Effective maturity schedule
2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2036 + Other 0 10203040 39.7%
29.2%
9.5%
3.2%
16.9%
1.3% 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, 2025 Page 4 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025Summary of Portfolio Holdings Unrealized
Cost basis ($) gain/loss (%)
Est. annual
income ($)
Unrealized
gain/loss ($)
Value on
03/31/2025 ($)
Current
yield (%)
% of
portfolio
A Cash 24,405,416 24,405,416 0 0.00% 445,333 1.82% 21.13% Cash 24,405,416 24,405,416 0 0.00% 445,333 1.82% 21.13% US 24,405,416 24,405,416 0 0.00% 445,333 1.82% 21.13%
B Fixed Income 90,994,119* 91,074,344 -936,031* -1.03%* 1,723,886 1.89% 78.87% US 90,994,119* 91,074,344 -936,031* -1.03%* 1,723,886 1.89% 78.87% US Fixed Income 14,286,851 14,150,775 -136,076 -0.95% 337,102 2.38% 12.26% Government 52,465,588* 52,933,684 -548,160* -1.04%* 868,210 1.64% 45.84% Corporate IG Credit 24,241,680 23,989,885 -251,795 -1.04% 518,574 2.16% 20.77% C Equity 0 0 0 0.00% NA NA 0.00%D Commodities 0 0 0 0.00% NA NA 0.00%E Non-Traditional 0 0 0 0.00% NA NA 0.00%F Other 0 0 0 0.00% NA NA 0.00%Total Portfolio $115,399,534* $115,479,759 -$936,031* -0.81%* $2,169,219 1.88% 100% Balanced mutual funds and Insurance & Annuity products are allocated in the 'Other' category B
A
* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 5 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (continued)
Details of Portfolio Holdings
% of
asset
class
Est. annual
Cost basis ($) income ($)
Unrealized
gain/loss
(%)
Unrealized
Market value ($) gain/loss ($)
Current
yield (%)
Total Portfolio $115,399,534* $115,479,759 -$936,031* -0.81%* $2,169,219 1.88% 100% 100% % of
portfolio
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) / Cash Avg Price Market value ($)
Price on
03/31/2025
($)
% of
Cash
% of
portfolio
Cash
US
Outside ASSET(1) 1.00 7,228,571.21 7,228,571.21 0.00 0.00% NA NA 29.62% 6.26%[Outside Account @SXXXX279]
1.00 Outside ASSET(1) 1.00 3,853,087.28 3,853,087.28 0.00 0.00% NA NA 15.79% 3.34%[Outside Account @SXXXX283]
1.00 UBS INSURED SWEEP 2,924,901.92 1.00 2,924,901.92 2,924,901.92 0.00 0.00% 5,849.80 0.20% 2.53%PROGRAM
1.00 11.98%
10,488,851.4 1.00 439,482.88
8 UBS SELECT TREASURY 10,488,851.48 10,488,851.48 0.00 0.00% 4.19% 9.08%INSTITUTIONAL FUND
1.00 42.98%
USD CASH -89,996.21 1.00 1.00 -89,996.21 -89,996.21 0.00 0.00% NA NA -0.37% -0.08% Total US $24,405,416 $24,405,416 $0 0.00% $445,333 1.82% 100% 21.13% Total Cash $24,405,416 $24,405,416 $0 0.00% $445,333 1.82% 100% 21.13% Total Cash $24,405,416 $24,405,416 $0 0.00% $445,333 1.82% 100% 21.13%(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 6 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/31/2025
Price on
03/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
AFFINITY PLUS MN US RT 245,000.00 100.00 245,000.00 247,572.97 0.00 2,572.97 1.05% 12,372.50 5.00% 0.21%05.0500% MAT 03/20/26LICU SHARE CERTIFICATE 100.90 0.27%
ALLY BK UT US RT 245,000.00 100.00 245,000.00 245,539.17 0.00 539.17 0.22% 8,697.50 3.54% 0.21%03.5500% MAT 06/30/26FIXED RATE CD
99.34 0.27%
AMER EXPRESS NATL UT US 245,000.00 98.05 240,222.50 239,867.69 0.00 -354.81 -0.15% 8,820.00 3.68% 0.21%RT 03.6000% MAT 09/25/29FIXED RATE CD
97.85 0.26%
AMER NATL BK OMA NE US 245,000.00 100.00 245,000.00 244,432.67 0.00 -567.33 -0.23% 10,412.50 4.26% 0.21%RT 04.2500% MAT 03/21/28FIXED RATE CD
99.65 0.27%
AMERICAN COMM BK GA 245,000.00 100.00 245,000.00 240,616.61 0.00 -4,383.39 -1.79% 980.00 0.41% 0.21%US RT 00.4000% MAT09/22/25 FIXED RATE CD
98.20 0.26%
ARBOR FINL CREDIT MI US 245,000.00 100.00 245,000.00 247,426.88 0.00 2,426.88 0.99% 12,250.00 4.95% 0.21%RT 05.0000% MAT 04/03/28FIXED RATE CD 100.61 0.27%
BANK3 TENNESSEE TN US RT 245,000.00 100.00 245,000.00 241,178.70 0.00 -3,821.30 -1.56% 980.00 0.41% 0.21%00.4000% MAT 08/28/25FIXED RATE CD
98.44 0.26%
BANKUNITED NA FLOR FL US 245,000.00 100.00 245,000.00 237,498.10 0.00 -7,501.90 -3.06% 2,327.50 0.98% 0.21%RT 00.9500% MAT 03/31/26FIXED RATE CD
96.94 0.26%
BK HAPOALIM BM NY US RT 245,000.00 100.00 245,000.00 239,104.26 0.00 -5,895.74 -2.41% 1,225.00 0.51% 0.21%00.5000% MAT 12/15/25FIXED RATE CD
97.45 0.26%
BMO HARRIS BK NA IL US RT 245,000.00 100.00 245,000.00 237,428.26 0.00 -7,571.74 -3.09% 1,960.00 0.83% 0.21%00.8000% MAT 03/18/26FIXED RATE CD
96.88 0.26%
CAPITAL ONE BK USA VA US 245,000.00 100.00 245,000.00 234,627.04 0.00 -10,372.96 -4.23% 2,817.50 1.20% 0.20%RT 01.1500% MAT 11/24/26FIXED RATE CD
95.37 0.26%
CAPITAL ONE NA VA US RT 245,000.00 100.00 245,000.00 234,627.04 0.00 -10,372.96 -4.23% 2,817.50 1.20% 0.20%01.1500% MAT 11/24/26FIXED RATE CD
95.37 0.26%
(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.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 7 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (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 03/31/2025
Price on
03/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
CENTERSTATE BK NA FL US 245,000.00 100.00 245,000.00 245,339.17 0.00 339.17 0.14% 2,450.00 1.00% 0.21%RT 01.0000% MAT 04/30/25FIXED RATE CD
99.72 0.27%
CFG COMMUNITY BANK 245,000.00 100.00 245,000.00 245,606.93 0.00 606.93 0.25% 9,310.00 3.79% 0.21%MD US RT 03.8000% MAT03/11/26 FIXED RATE CD
99.75 0.27%
CHAMBERS BANK AK US RT 108,000.00 100.00 108,000.00 106,046.96 0.00 -1,953.04 -1.81% 378.00 0.36% 0.09%00.3500% MAT 09/22/25FIXED RATE CD
98.18 0.12%
CIBC BANK ILLINOIS IL US RT 245,000.00 100.00 245,000.00 247,248.83 0.00 2,248.83 0.92% 12,250.00 4.95% 0.21%05.0000% MAT 03/24/26FIXED RATE CD 100.82 0.27%
COMMUNITY BK TN US RT 245,000.00 100.00 245,000.00 241,233.07 0.00 -3,766.93 -1.54% 980.00 0.41% 0.21%00.4000% MAT 08/26/25FIXED RATE CD
98.46 0.26%
CY-FAIR FED CREDIT TX US 245,000.00 100.00 245,000.00 246,227.08 0.00 1,227.08 0.50% 12,985.00 5.27% 0.21%RT 05.3000% MAT 07/14/28FIXED RATE CD 100.25 0.27%
DISCOVER BANK DE US RT 245,000.00 100.00 245,000.00 243,273.79 0.00 -1,726.21 -0.70% 7,840.00 3.22% 0.21%03.2000% MAT 05/24/27FIXED RATE CD
98.18 0.27%
EAGLEMARK SVGS BK NV 245,000.00 100.18 245,437.04 235,964.17 -667.30 -9,472.87 -3.86% 4,900.00 2.08% 0.20%US RT 02.0000% MAT03/02/27 FIXED RATE CD
96.15 0.26%
EATON CMNTY BK MI US RT 245,000.00 99.90 244,755.00 245,946.61 0.00 1,191.61 0.49% 12,495.00 5.08% 0.21%05.1000% MAT 03/08/29FIXED RATE CD 100.07 0.27%
ENCORE BANK AR US RT 245,000.00 100.00 245,000.00 244,012.82 0.00 -987.18 -0.40% 1,960.00 0.80% 0.21%00.8000% MAT 05/15/25FIXED RATE CD
99.56 0.27%
ENERBANK UT US RT 245,000.00 100.00 245,000.00 243,146.26 0.00 -1,853.74 -0.76% 1,592.50 0.65% 0.21%00.6500% MAT 06/19/25FIXED RATE CD
99.22 0.27%
ESSENTIAL FED CRED LA US 245,000.00 100.00 245,000.00 248,630.97 0.00 3,630.97 1.48% 11,515.00 4.63% 0.22%RT 04.7000% MAT 06/15/27LICU SHARE CERTIFICATE 101.28 0.27%
(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.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 8 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/31/2025
Price on
03/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
FIRST CAROLINA BK NC US 245,000.00 100.00 245,000.00 242,944.99 0.00 -2,055.01 -0.84% 1,470.00 0.61% 0.21%RT 00.6000% MAT 06/26/25FIXED RATE CD
99.15 0.27%
FIRST GTY BK HAMMO LA 219,000.00 100.00 219,000.00 222,736.32 0.00 3,736.32 1.71% 9,526.50 4.28% 0.19%US RT 04.3500% MAT11/06/28 FIXED RATE CD
99.98 0.24%
FLAGSTAR BANK, FSB MI US 245,000.00 100.00 245,000.00 245,399.99 0.00 399.99 0.16% 2,572.50 1.05% 0.21%RT 01.0500% MAT 04/30/25FIXED RATE CD
99.73 0.27%
GOLDMAN SACHS BANK NY 245,000.00 100.00 245,000.00 244,476.84 0.00 -523.16 -0.21% 9,800.00 4.01% 0.21%US RT 04.0000% MAT03/20/28 FIXED RATE CD
99.64 0.27%
GREAT STHN BK MO US RT 245,000.00 100.00 245,000.00 245,342.06 0.00 342.06 0.14% 11,025.00 4.49% 0.21%04.5000% MAT 10/20/25FIXED RATE CD 100.00 0.27%
GREENSTATE CREDIT IA US 245,000.00 100.00 245,000.00 237,356.20 0.00 -7,643.80 -3.12% 2,327.50 0.98% 0.21%RT 00.9500% MAT 04/16/26FIXED RATE CD
96.80 0.26%
HOME LN INVT BK RI US RT 245,000.00 100.00 245,000.00 241,251.20 0.00 -3,748.80 -1.53% 980.00 0.41% 0.21%00.4000% MAT 08/29/25FIXED RATE CD
98.44 0.26%
HORIZON BK NE US RT 245,000.00 100.00 245,000.00 244,826.02 0.00 -173.98 -0.07% 3,185.00 1.30% 0.21%01.3000% MAT 04/15/25FIXED RATE CD
99.87 0.27%
JPMORGAN CHASE BK OH 245,000.00 100.00 245,000.00 240,800.70 0.00 -4,199.30 -1.71% 1,715.00 0.71% 0.21%US RT 00.7000% MAT09/30/25 FIXED RATE CD
98.29 0.26%
LAFAYETTE FED CRED MD 245,000.00 100.00 245,000.00 240,997.84 0.00 -4,002.16 -1.63% 7,962.50 3.30% 0.21%US RT 03.2500% MAT06/15/27 LICU SHARECERTIFICATE
98.22 0.26%
LIVE OAK BKG CO NC US RT 245,000.00 100.00 245,000.00 234,481.55 0.00 -10,518.45 -4.29% 1,960.00 0.84% 0.20%00.8000% MAT 08/13/26FIXED RATE CD
95.64 0.26%
(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.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 9 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (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 03/31/2025
Price on
03/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
MEDALLION BK UT US RT 245,000.00 100.00 245,000.00 241,982.84 0.00 -3,017.16 -1.23% 1,347.50 0.56% 0.21%00.5500% MAT 07/30/25FIXED RATE CD
98.77 0.27%
METRO CREDIT UNION MA 245,000.00 100.00 245,000.00 234,746.08 0.00 -10,253.92 -4.19% 4,165.00 1.77% 0.20%US RT 01.7000% MAT02/18/27 LICU SHARECERTIFICATE
95.68 0.26%
MORGAN STANLEY BK UT 245,000.00 100.00 245,000.00 246,807.36 0.00 1,807.36 0.74% 10,412.50 4.22% 0.21%US RT 04.2500% MAT02/02/26 FIXED RATE CD 100.07 0.27%
MORTON CMNTY BK IL US 245,000.00 100.00 245,000.00 243,144.68 0.00 -1,855.32 -0.76% 1,470.00 0.60% 0.21%RT 00.6000% MAT 06/19/25FIXED RATE CD
99.22 0.27%
NEW ORLEANS FIREME LA 245,000.00 100.00 245,000.00 252,072.61 0.00 7,072.61 2.89% 12,250.00 4.86% 0.22%US RT 05.0000% MAT07/17/28 FIXED RATE CD 102.70 0.28%
NEW YORK CMNTY BK NY 245,000.00 100.00 245,000.00 235,389.93 0.00 -9,610.07 -3.92% 1,715.00 0.73% 0.20%US RT 00.7000% MAT07/01/26 FIXED RATE CD
95.90 0.26%
PACIFIC CREST SVGS WA US 245,000.00 100.00 245,000.00 244,368.60 0.00 -631.40 -0.26% 2,940.00 1.20% 0.21%RT 01.2000% MAT 04/30/25FIXED RATE CD
99.74 0.27%
PACIFIC WSTN BK CA US RT 245,000.00 100.00 245,000.00 246,166.13 0.00 1,166.13 0.48% 3,307.50 1.34% 0.21%01.3500% MAT 04/16/25FIXED RATE CD
99.86 0.27%
PENTAGON FED CREDI VA 245,000.00 100.00 245,000.00 234,583.94 0.00 -10,416.06 -4.25% 4,165.00 1.78% 0.20%US RT 01.7000% MAT02/18/27 CREDIT UNIONSHARE CERT
95.69 0.26%
SALLIE MAE BANK UT US RT 245,000.00 99.80 244,510.00 247,779.44 0.00 3,269.44 1.34% 9,922.50 4.00% 0.21%04.0500% MAT 11/21/29FIXED RATE CD
99.69 0.27%
SAVOY BK NY US RT 245,000.00 100.00 245,000.00 244,072.56 0.00 -927.44 -0.38% 1,960.00 0.80% 0.21%00.8000% MAT 05/13/25FIXED RATE CD
99.58 0.27%
(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.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 10 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/31/2025
Price on
03/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
STAR FINL BK IN US RT 245,000.00 100.00 245,000.00 245,130.86 0.00 130.86 0.05% 11,270.00 4.60% 0.21%04.6000% MAT 08/27/29FIXED RATE CD 100.00 0.27%
STATE BANK OF INDI NY US 245,000.00 100.00 245,000.00 237,480.45 0.00 -7,519.55 -3.07% 2,205.00 0.93% 0.21%RT 00.9000% MAT 03/25/26FIXED RATE CD
96.92 0.26%
STATE BK IL US RT 245,000.00 100.00 245,000.00 248,195.07 0.00 3,195.07 1.30% 10,045.00 4.05% 0.21%04.1000% MAT 11/26/29FIXED RATE CD
99.90 0.27%
STOCKMAN BK MT US RT 245,000.00 100.00 245,000.00 243,874.14 0.00 -1,125.86 -0.46% 1,470.00 0.60% 0.21%00.6000% MAT 06/10/25FIXED RATE CD
99.36 0.27%
TECHNOLOGY CREDIT CA 245,000.00 100.00 245,000.00 248,135.90 0.00 3,135.90 1.28% 12,250.00 4.94% 0.21%US RT 05.0000% MAT03/23/26 CREDIT UNIONSHARE CERT 100.87 0.27%
TEXAS EXCHANGE BK TX US 245,000.00 100.00 245,000.00 239,887.22 0.00 -5,112.78 -2.09% 1,470.00 0.61% 0.21%RT 00.6000% MAT 10/23/25FIXED RATE CD
97.90 0.26%
TOYOTA FINL SVG BK NV US 245,000.00 100.00 245,000.00 237,942.83 0.00 -7,057.17 -2.88% 2,205.00 0.93% 0.21%RT 00.9000% MAT 04/22/26FIXED RATE CD
96.73 0.26%
TRUXTON TR CO NASH TN 245,000.00 99.98 244,938.75 241,402.66 0.00 -3,536.09 -1.44% 10,045.00 4.16% 0.21%US RT 04.1000% MAT02/27/30 FIXED RATE CD
98.50 0.27%
UBS BANK UT US RT 245,000.00 100.00 245,000.00 235,743.73 0.00 -9,256.27 -3.78% 2,082.50 0.88% 0.20%00.8500% MAT 06/16/26FIXED RATE CD
96.19 0.26%
USALLIANCE FED CRE NY US 245,000.00 100.00 245,000.00 240,537.91 0.00 -4,462.09 -1.82% 1,225.00 0.51% 0.21%RT 00.5000% MAT 09/29/25FIXED RATE CD
98.18 0.26%
VALLEYSTAR CR UN M VA 245,000.00 100.00 245,000.00 247,451.68 0.00 2,451.68 1.00% 12,250.00 4.95% 0.21%US RT 05.0000% MAT03/20/26 LICU SHARECERTIFICATE 100.85 0.27%
(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.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 11 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (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 03/31/2025
Price on
03/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
US Fixed Income
WELLS FARGO BK NA SD US 245,000.00 100.00 244,987.75 245,484.66 0.00 496.91 0.20% 10,045.00 4.09% 0.21%RT 04.1000% MAT 02/06/29FIXED RATE CD
99.92 0.27%
WORKERS CREDIT UNI MA 245,000.00 100.00 245,000.00 245,183.98 0.00 183.98 0.08% 10,045.00 4.10% 0.21%US RT 04.1000% MAT11/22/27 LICU SHARECERTIFICATE
99.97 0.27%
Total US Fixed Income $14,286,851 $14,150,775 -$667.30 -$136,076 -0.95% $337,102 2.38% 15.54% 12.26%Government FEDERAL HOME LN BANK 1,000,000.00 100.00 1,000,005.19 1,000,693.47 -0.06 688.28 0.07% 41,750.00 4.17% 0.87%NTS 04.175 % DUE 031229DTD 031225 FC 09122025
99.85 1.10%
FFCB BOND 00.600 % DUE 2,000,000.00 100.00 2,000,000.00 1,987,740.00 0.00 -12,260.00 -0.61% 12,000.00 0.60% 1.72%061625 DTD 061621 FC12162021
99.21 2.18%
FFCB BOND 00.600 % DUE 2,000,000.00 100.00 2,000,000.00 1,958,813.33 0.00 -41,186.67 -2.06% 12,000.00 0.61% 1.70%112425 DTD 112420 FC05242021
97.73 2.15%
FFCB BOND 00.610 % DUE 2,000,000.00 100.00 2,000,000.00 1,993,597.78 0.00 -6,402.22 -0.32% 12,200.00 0.61% 1.73%052325 DTD 082321 FC11232021
99.46 2.19%
FFCB BOND 00.660 % DUE 2,000,000.00 100.00 2,000,000.00 1,967,946.67 0.00 -32,053.33 -1.60% 13,200.00 0.67% 1.70%091525 DTD 091521 FC03152022
98.37 2.16%
FFCB BOND 00.680 % DUE 2,000,000.00 100.00 2,000,000.00 1,995,126.67 0.00 -4,873.33 -0.24% 13,600.00 0.68% 1.73%051925 DTD 051921 FC11192021
99.51 2.19%
FFCB BOND 00.710 % DUE 2,000,000.00 100.00 2,000,000.00 2,002,211.11 0.00 2,211.11 0.11% 14,200.00 0.71% 1.73%042125 DTD 042121 FC10212021
99.80 2.20%
FFCB BOND 01.840 % DUE 2,000,000.00 100.00 2,000,000.00 1,930,344.44 0.00 -69,655.56 -3.48% 36,800.00 1.91% 1.67%012627 DTD 012622 FC07262022
96.19 2.12%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 12 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/31/2025
Price on
03/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
Government
FFCB BOND 04.620 % DUE 1,500,000.00 99.92 1,498,850.25 1,532,430.00 0.00 33,579.75 2.24% 69,300.00 4.52% 1.33%100129 DTD 100124 FC04012025
99.85 1.68%
FFCB NTS 00.940 % DUE 2,000,000.00 100.00 2,000,000.00 1,910,716.67 0.00 -89,283.33 -4.46% 18,800.00 0.98% 1.65%092826 DTD 092821 FC03282022
95.53 2.10%
FHLB BOND 00.625 % DUE 2,000,000.00 100.00 2,000,000.00 1,984,785.00 0.00 -15,215.00 -0.76% 12,500.00 0.63% 1.72%063025 DTD 063021 FC12302021
99.08 2.18%
FHLB BOND 01.050 % DUE 1,000,000.00 96.84 968,385.25 961,470.00 0.00 -6,915.25 -0.71% 10,500.00 1.09% 0.83%081326 DTD 081321 FC02132022
96.01 1.06%
FHLB BOND 01.780 % DUE 2,000,000.00 100.00 2,000,000.00 1,924,483.33 0.00 -75,516.67 -3.78% 35,600.00 1.85% 1.67%021027 DTD 021022 FC08102022
95.97 2.11%
FHLB BOND 02.010 % DUE 3,215,000.00 95.65 3,075,098.40 3,104,886.25 0.00 29,787.85 0.97% 64,621.50 2.08% 2.69%022527 DTD 022522 FC08252022
96.37 3.41%
FHLB BOND STEP-UP 2,000,000.00 100.00 2,000,000.00 1,956,940.00 0.00 -43,060.00 -2.15% 20,000.00 1.02% 1.69%1.0000% DUE 063026 DTD063021 FC 12302021
97.60 2.15%
FHLB NTS 1.0500% DUE 2,000,000.00 100.00 2,000,000.00 1,940,820.00 0.00 -59,180.00 -2.96% 21,000.00 1.08% 1.68%033026 DTD 033021 FC09302021
97.04 2.13%
FHLB NTS 1.1500% DUE 2,000,000.00 100.00 2,000,000.00 1,924,056.11 0.00 -75,943.89 -3.80% 23,000.00 1.20% 1.67%082626 DTD 082621 FC02262022
96.09 2.11%
FHLB NTS 1.5000% DUE 2,000,000.00 100.00 2,000,000.00 1,944,680.00 0.00 -55,320.00 -2.77% 30,000.00 1.54% 1.68%063026 DTD 063021 FC12302021
96.86 2.14%
FHLB NTS 04.625 % DUE 1,000,000.00 99.76 997,555.25 1,020,876.39 0.00 23,321.14 2.34% 46,250.00 4.53% 0.88%101529 DTD 101524 FC04152025
99.96 1.12%
FHLMC MED TERM NTS 1,000,000.00 99.85 998,500.00 989,214.44 0.00 -9,285.56 -0.93% 5,000.00 0.51% 0.86%00.500 % DUE 072325 DTD072320 FC 01232021
98.83 1.09%
(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.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 13 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (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 03/31/2025
Price on
03/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
Government
FHLMC MED TERM NTS 2,000,000.00 100.00 2,000,000.00 1,993,608.33 0.00 -6,391.67 -0.32% 14,600.00 0.73% 1.73%00.730 % DUE 052825 DTD052820 FC 11282020
99.43 2.19%
FNMA NTS 00.500 % DUE 1,000,000.00 100.00 999,950.00 986,882.78 0.00 -13,067.22 -1.31% 5,000.00 0.51% 0.85%081425 DTD 081420 FC02142021
98.62 1.08%
FNMA NTS 00.540 % DUE 2,000,000.00 100.00 2,000,000.00 1,963,380.00 0.00 -36,620.00 -1.83% 10,800.00 0.55% 1.70%102725 DTD 102720 FC04272021
97.94 2.16%
FNMA NTS 00.560 % DUE 2,000,000.00 100.00 2,000,000.00 1,959,068.89 0.00 -40,931.11 -2.05% 11,200.00 0.57% 1.70%111725 DTD 111720 FC05172021
97.75 2.15%
FNMA NTS 04.125 % DUE 988,000.00 99.59 983,948.13 989,987.94 0.00 6,039.81 0.61% 40,755.00 4.12% 0.86%082825 DTD 083022 FC02282023
99.85 1.09%
FNMA NTS 04.300 % DUE 1,000,000.00 100.00 1,000,005.20 1,001,569.44 -0.05 1,564.24 0.16% 43,000.00 4.29% 0.87%030430 DTD 031225 FC09042025
99.93 1.10%
FNMA NTS 05.050 % DUE 1,000,000.00 - - 1,016,256.39 0.00 - - 50,500.00 4.97% 0.88%062629 DTD 062824 FC12262024 100.29 1.12%
INTL FIN CORP NTS 00.500 2,000,000.00 100.00 2,000,000.00 1,962,097.78 0.00 -37,902.22 -1.90% 10,000.00 0.51% 1.70%% DUE 051526 DTD 052821FC 11152021
97.92 2.15%
US TSY NOTE 01.125 % DUE 1,000,000.00 98.21 982,052.13 961,412.68 0.00 -20,639.45 -2.10% 11,250.00 1.17% 0.83%10/31/26 DTD 10/31/21 FC04/30/22
95.67 1.06%
US TSY NOTE 03.875 % DUE 1,500,000.00 99.38 1,490,677.13 1,513,051.77 0.00 22,374.64 1.50% 58,125.00 3.84% 1.31%11/30/29 DTD 11/30/22 FC05/31/23
99.58 1.66%
US TSY NOTE 03.875 % DUE 1,017,000.00 97.76 994,218.09 1,022,272.11 0.00 28,054.02 2.82% 39,408.75 3.86% 0.89%12/31/29 DTD 12/31/22 FC06/30/23
99.56 1.12%
US TSY NOTE 04.000 % DUE 500,000.00 98.51 492,571.66 508,887.54 0.00 16,315.88 3.31% 20,000.00 3.93% 0.44%10/31/29 DTD 10/31/22 FC04/30/23 100.11 0.56%
(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.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 14 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/31/2025
Price on
03/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
Government
US TSY NOTE 04.125 % DUE 1,000,000.00 98.38 983,770.88 1,023,376.49 0.00 39,605.61 4.03% 41,250.00 4.03% 0.89%10/31/29 DTD 10/31/24 FC04/30/25 100.62 1.12%
Total Government $52,465,588* $52,933,684 -$0.11 -$548,160* -1.04%* $868,210 1.64% 58.12% 45.84%Corporate IG Credit ACCENTURE CAPITAL INC 1,000,000.00 97.76 977,635.25 1,004,722.50 0.00 27,087.25 2.77% 40,500.00 4.03% 0.87%04.050% 100429DTD100424 FC040425CALL@MW+10BP
98.48 1.10%
AMAZON COM INC NTS B/E 1,000,000.00 100.02 1,000,174.09 996,432.22 -4,651.35 -3,741.87 -0.37% 8,000.00 0.80% 0.86%00.800% 060325DTD060320CALL@MW+10BP
99.38 1.09%
AMEREN ILL CO NTS B/E 1,500,000.00 99.67 1,494,995.25 1,496,213.33 0.00 1,218.08 0.08% 57,000.00 3.81% 1.30%03.800% 051528DTD052218 FC111518CALL@MW+15BP
98.31 1.64%
CATERPILLAR FINL SERVICE 2,026,000.00 100.10 2,027,932.10 2,029,459.96 -68,555.41 1,527.86 0.08% 29,377.00 1.45% 1.76%01.450% 051525DTD051520 FC111520CALL@MW+20BP
99.62 2.23%
CHARLES SCHWAB CORP 470,000.00 94.17 442,604.25 452,015.84 0.00 9,411.59 2.13% 15,275.00 3.38% 0.39%B/E 03.250% 052229DTD052219 FC112219
95.01 0.50%
CHARLES SCHWAB CORP 2,000,000.00 99.49 1,989,860.00 1,934,940.00 0.00 -54,920.00 -2.76% 18,000.00 0.93% 1.68%NTS 00.900% 031126DTD121120 FC031121CALL@MW+10BP
96.70 2.12%
COMCAST CORP NEW B/E 1,000,000.00 100.98 1,009,805.00 999,762.50 -109,409.19 -10,042.50 -0.99% 33,750.00 3.38% 0.87%03.375% 081525DTD052715 FC081515CALL@MW+20BP
99.55 1.10%
(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 15 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (continued)
Unrealized
gain/loss ($)
Unrealized
gain/loss
Quantity (%)
Current
Cost basis ($) yield (%)
Est. annual
income ($)
Purchase
price ($) /
Avg Price Market value ($)
Amort/Accr.($)
as of
Fixed Income 03/31/2025
Price on
03/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
Corporate IG Credit
E I DU PONT DE NEMOURS 2,141,000.00 100.22 2,145,723.85 2,129,971.47 -61,115.39 -15,752.38 -0.73% 36,397.00 1.71% 1.84%01.700% 071525DTD051520 FC011521CALL@MW+25BP
99.13 2.34%
JOHN DEERE CPTL CORP 2,000,000.00 100.03 2,000,631.57 1,947,135.56 -3,272.83 -53,496.01 -2.67% 14,000.00 0.72% 1.69%00.700% 011526DTD010721 FC071521 MEDTERM NTS
97.21 2.14%
JPMORGAN CHASE & CO 1,200,000.00 100.00 1,200,000.00 1,152,825.33 0.00 -47,174.67 -3.93% 9,600.00 0.83% 1.00%00.800% 022626DTD022621 FC082621 MEDTERM NTS
95.99 1.27%
MORGAN STANLEY FIN LLC 2,000,000.00 100.00 2,000,000.00 1,899,343.33 0.00 -100,656.67 -5.03% 21,000.00 1.11% 1.64%01.050% 082726DTD082721 FC022722 MEDTERM NTS
94.87 2.09%
ONCOR ELEC DELIVERY CO 500,000.00 100.12 500,617.46 509,057.50 -8.47 8,440.04 1.69% 23,250.00 4.57% 0.44%04.650% 110129DTD111324 FC050125CALL@MW+10BP 100.03 0.56%
PACIFICORP B/E 03.500% 1,000,000.00 97.14 971,415.25 965,435.56 0.00 -5,979.69 -0.62% 35,000.00 3.63% 0.84%061529 DTD030119FC061519 CALL@MW+15BP
95.51 1.06%
ST STREET BK & TR CO NTS 500,000.00 99.90 499,490.25 512,468.50 0.00 12,978.25 2.60% 23,910.00 4.67% 0.44%04.782% 112329DTD112524 FC052325 B/E 100.82 0.56%
TARGET CORP NTS B/E 2,000,000.00 100.06 2,001,226.26 2,018,710.00 -131,227.02 17,483.74 0.87% 45,000.00 2.23% 1.75%02.250% 041525DTD033120 FC101520CALL@MW+30BP
99.90 2.22%
TOYOTA MOTOR CREDIT 500,000.00 99.82 499,085.25 504,576.11 0.00 5,490.86 1.10% 22,250.00 4.41% 0.44%CORP 04.450% 062929DTD063022 FC122922CALL@MW+20BP
99.78 0.55%
(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.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 16 of 36 Consolidated report prepared for City of Glendora
Portfolio Holdingsas of March 31, 2025 (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 03/31/2025
Price on
03/31/2025
($)
% of
Fixed
Income
% of
portfolio
US
Corporate IG Credit
UNITED HEALTH GROUP INC 2,000,000.00 100.05 2,001,098.70 1,939,568.89 -3,666.68 -61,529.81 -3.07% 23,000.00 1.19% 1.68%01.150% 051526DTD051921 FC111521CALL@MW+07.50BP
96.54 2.13%
UNITED HEALTH GROUP INC 1,000,000.00 98.46 984,595.25 997,231.11 0.00 12,635.86 1.28% 40,000.00 4.01% 0.86%04.000% 051529DTD052022 FC111522CALL@MW+20BP
98.21 1.09%
US BANCORP NTS B/E 500,000.00 98.96 494,790.25 500,015.00 0.00 5,224.75 1.06% 23,265.00 4.65% 0.43%04.653% 020129DTD020123 FC080123 100.00 0.55%
Total Corporate IG Credit $24,241,680 $23,989,885 -$381,906.34 -$251,795 -1.04% $518,574 2.16% 26.34% 20.77% Total US $90,994,119* $91,074,344 -$382,573.75 -$936,031* -1.03%* $1,723,886 1.89% 100% 78.87% Total Fixed Income $90,994,119* $91,074,344 -$382,573.75 -$936,031* -1.03%* $1,723,886 1.89% 100% 78.87%Total Portfolio $115,399,534* $115,479,759 -$936,031* -0.81%* $2,169,219 1.88% 100% 100% Unrealized
gain/loss
(%)
Unrealized
gain/loss ($)
% of
asset
class
Est. annual
Cost basis ($) income ($)
Current
Market value ($) yield (%)
% of
portfolio
Total accrued interest (included in market values): $410,860.65(1)Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information.* Total Cost Basis and/or Unrealized G/L values marked with an asterisk (*) are incomplete due to missing cost basis information.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 17 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025Summary of Bond HoldingsMaturityYear Yield to
maturity (%)
Yield to
worst (%)
Unrealized
Issues gain/loss ($) Mkt. value ($)
Est. annual
income ($)
Adjusted
cost basis ($)
Modified
duration
Current
Quantity yield (%) % of bond portfolio maturing
2025 40 36,408,000 376,262.00 1.04% 4.39% 4.39% 0.28 36,420,259.43 -366,077.82 36,151,975.99
39.77%
2026 30 27,365,000 330,110.00 1.25% 4.37% 4.37% 1.13 27,307,027.65 -831,309.20 26,526,944.29
29.20%
2027 10 8,930,000 187,614.00 2.18% 4.04% 4.04% 1.85 8,790,535.44 -170,299.94 8,643,094.80
9.51%
2028 7 2,944,000 124,224.00 4.25% 4.44% 4.34% 2.52 2,938,995.25 -13,376.03 2,953,585.74
3.23%
2029 22 15,457,000 652,631.25 4.25% 4.40% 4.33% 3.61 14,292,356.91 1,054,751.09 15,555,770.60
16.93%
2030 2 1,245,000 53,045.00 4.28% 4.34% 4.34% 4.39 1,244,943.95 -4,323.85 1,242,972.11
1.37%
2031 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/A2050 0 0 N/A N/A N/A2050 + 0 0 N/A N/A N/AOther 0 0 N/A N/A N/ATotal 111 92,349,000 $1,723,886.25 1.90% 4.35% 4.33% 1.39 $90,994,118.63 $-330,635.75 $91,074,343.53Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 18 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (continued)
Effective rating/
Underlying rating
(Mdy/Fitch/S&P)
Mkt. value ($)/
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 ($)
4.35%4.33%
10/21/2026 N/A 1.39$90,994,118.63 N/A $90,663,482.88
$-330,635.75
92,349,000
1.90% $410,860.65
1.88% $1,723,886.25 100%
$91,074,343.53
Total Bond PortfolioDetails of Bond Holdings
Est. annual
income ($)/
Curr. yield (%)
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 ($)
245,000 245,000.00 99.872
139.62
1.30%
1.30% -313.60
04/15/2025 0.04 244,686.40 0.27%
4.42%
HORIZON BK NE US RT 3,185.00 4.42%01.3000% MAT 04/15/25FIXED RATE CD /NE CD
2,000,000 2,001,226.26 99.898
20,750.00
2.25%
2.25% -3,266.26
04/15/2025 0.04 1,997,960.00 2.20%
4.83%
45,000.00 4.83%
NR/NR/NR
TARGET CORP NTS B/E A2/A/A02.250% 041525DTD033120 FC101520CALL@MW+30BP 245,000 245,000.00 99.862
1,504.23
1.35%
1.35% -338.10
04/16/2025 0.04 244,661.90 0.27%
4.48%
PACIFIC WSTN BK CA US RT 3,307.50 4.48%01.3500% MAT 04/16/25FIXED RATE CD /CA CD
2,000,000 2,000,000.00 99.795
6,311.11
0.71%
0.71% -4,100.00
04/21/2025 0.06 1,995,900.00 2.20%
4.40%
14,200.00 4.40%
NR/NR/NR
FFCB BOND 00.710 % DUE Aaa/AA+/AA+042125 DTD 042121 FC10212021 245,000 245,000.00 99.722
1,020.27
1.00%
1.00% -681.10
04/30/2025 0.08 244,318.90 0.27%
4.38%
CENTERSTATE BK NA FL US 2,450.00 4.38%RT 01.0000% MAT 04/30/25FIXED RATE CD /FL CD
245,000 245,000.00 99.726
1,071.29
1.05%
1.05% -671.30
04/30/2025 0.08 244,328.70 0.27%
4.38%
FLAGSTAR BANK, FSB MI US 2,572.50 4.38%RT 01.0500% MAT 04/30/25FIXED RATE CD /MI CD
245,000 245,000.00 99.739
8.05 1.20%
1.20% -639.45
04/30/2025 0.08 244,360.55 0.27%
4.39%
PACIFIC CREST SVGS WA US 2,940.00 4.39%RT 01.2000% MAT 04/30/25FIXED RATE CD /WA CD
245,000 245,000.00 99.582
96.66 0.80%
0.80% -1,024.10
05/13/2025 0.12 243,975.90 0.27%
4.36%
SAVOY BK NY US RT 1,960.00 4.36%00.8000% MAT 05/13/25FIXED RATE CD /NY CD
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 19 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (continued)Maturing 2025 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.
Adjusted
cost basis ($)/
Unreal. g/l ($)
2,026,000 2,027,932.10 99.623
11,097.98
1.45%
1.46% -9,570.12
05/15/2025 0.12 2,018,361.98 2.23%
4.53%
29,377.00 4.53%
NR/NR/NR
CATERPILLAR FINL SERVICE A2/A+/A01.450% 051525DTD051520 FC111520CALL@MW+20BP 245,000 245,000.00 99.562
85.92 0.80%
0.80% -1,073.10
05/15/2025 0.12 243,926.90 0.27%
4.37%
ENCORE BANK AR US RT 1,960.00 4.37%00.8000% MAT 05/15/25FIXED RATE CD /AR CD
2,000,000 2,000,000.00 99.507
4,986.67
0.68%
0.68% -9,860.00
05/19/2025 0.13 1,990,140.00 2.20%
4.39%
13,600.00 4.39%
NR/NR/NR
FFCB BOND 00.680 % DUE Aaa/AA+/AA+051925 DTD 051921 FC11192021 2,000,000 2,000,000.00 99.463
4,337.78
0.61%
0.61% -10,740.00
05/23/2025 0.14 1,989,260.00 2.19%
4.34%
12,200.00 4.34%
NR/NR/NR
FFCB BOND 00.610 % DUE Aaa/AA+/AA+052325 DTD 082321 FC11232021 2,000,000 2,000,000.00 99.431
4,988.33
0.73%
0.73% -11,380.00
05/28/2025 0.16 1,988,620.00 2.19%
4.34%
14,600.00 4.34%
NR/NR/NR
FHLMC MED TERM NTS Aaa/AA+/NR00.730 % DUE 052825 DTD052820 FC 11282020 1,000,000 1,000,174.09 99.381
2,622.22
0.80%
0.80% -6,364.09
06/03/2025 05/03/2025 0.17 993,810.00 1.10%
4.41%4.41%
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 99.358
447.04
0.60%
0.60% -1,572.90
06/10/2025 0.19 243,427.10 0.27%
3.92%
STOCKMAN BK MT US RT 1,470.00 3.92%00.6000% MAT 06/10/25FIXED RATE CD /MT CD
2,000,000 2,000,000.00 99.212
3,500.00
0.60%
0.60% -15,760.00
06/16/2025 0.21 1,984,240.00 2.19%
4.41%
12,000.00 4.41%
NR/NR/NR
FFCB BOND 00.600 % DUE Aaa/AA+/AA+061625 DTD 061621 FC12162021 245,000 245,000.00 99.222
52.36 0.65%
0.66% -1,906.10
06/19/2025 0.22 243,093.90 0.27%
4.22%
ENERBANK UT US RT 1,592.50 4.22%00.6500% MAT 06/19/25FIXED RATE CD /UT CD
245,000 245,000.00 99.223
48.33 0.60%
0.60% -1,903.65
06/19/2025 0.22 243,096.35 0.27%
4.17%
MORTON CMNTY BK IL US 1,470.00 4.17%RT 00.6000% MAT 06/19/25FIXED RATE CD /IL CD
245,000 245,000.00 99.153
20.14 0.60%
0.61% -2,075.15
06/26/2025 0.24 242,924.85 0.27%
4.18%
FIRST CAROLINA BK NC US 1,470.00 4.18%RT 00.6000% MAT 06/26/25FIXED RATE CD /NC 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, 2025 Page 20 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (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 99.083
3,125.00
0.63%
0.63% -18,340.00
06/30/2025 0.25 1,981,660.00 2.19%
4.33%
12,500.00 4.33%
NR/NR/NR
FHLB BOND 00.625 % DUE Aaa/NR/AA+063025 DTD 063021 FC12302021 2,141,000 2,145,723.85 99.126
7,683.81
1.70%
1.71% -23,436.19
07/15/2025 06/15/2025 0.28 2,122,287.66 2.34%
4.75%4.75%
100.00
36,397.00
NR/NR/NR
E I DU PONT DE NEMOURS A3/A/A01.700% 071525DTD051520 FC011521CALL@MW+25BP 1,000,000 998,500.00 98.827
944.44
0.50%
0.51% -10,230.00
07/23/2025 0.31 988,270.00 1.09%
4.32%
5,000.00 4.32%
NR/NR/NR
FHLMC MED TERM NTS Aaa/AA+/NR00.500 % DUE 072325 DTD072320 FC 01232021 245,000 245,000.00 98.767
3.69 0.55%
0.56% -3,020.85
07/30/2025 0.33 241,979.15 0.27%
4.30%
MEDALLION BK UT US RT 1,347.50 4.30%00.5500% MAT 07/30/25FIXED RATE CD /UT CD
1,000,000 999,950.00 98.623
652.78
0.50%
0.51% -13,720.00
08/14/2025 05/14/2025 0.36 986,230.00 1.09%
4.28%4.28%
100.00
5,000.00
NR/NR/NR
FNMA NTS 00.500 % DUE Aaa/AA+/AA+081425 DTD 081420 FC02142021 1,000,000 1,009,805.00 99.545
4,312.50
3.38%
3.39% -14,355.00
08/15/2025 05/15/2025 0.37 995,450.00 1.10%
4.60%4.60%
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 98.457
13.42 0.40%
0.41% -3,780.35
08/26/2025 0.40 241,219.65 0.27%
4.24%
COMMUNITY BK TN US RT 980.00 4.24%00.4000% MAT 08/26/25FIXED RATE CD /TN CD
245,000 245,000.00 98.437
8.05 0.40%
0.41% -3,829.35
08/28/2025 0.41 241,170.65 0.27%
4.24%
BANK3 TENNESSEE TN US RT 980.00 4.24%00.4000% MAT 08/28/25FIXED RATE CD /TN CD
988,000 983,948.13 99.846
3,509.46
4.13%
4.13% 2,530.35
08/28/2025 05/28/2025 0.40 986,478.48 1.09%
4.49%4.49%
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 98.437
80.55 0.40%
0.41% -3,829.35
08/29/2025 0.41 241,170.65 0.27%
4.22%
HOME LN INVT BK RI US RT 980.00 4.22%00.4000% MAT 08/29/25FIXED RATE CD /RI CD
2,000,000 2,000,000.00 98.368
586.67
0.66%
0.67% -32,640.00
09/15/2025 0.45 1,967,360.00 2.17%
4.31%
13,200.00 4.31%
NR/NR/NR
FFCB BOND 00.660 % DUE Aaa/AA+/AA+091525 DTD 091521 FC03152022Includes 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, 2025 Page 21 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (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 98.201
24.16 0.40%
0.41% -4,407.55
09/22/2025 06/22/2025 0.48 240,592.45 0.27%
4.20%4.20%
100.00
AMERICAN COMM BK GA 980.00US RT 00.4000% MAT09/22/25 FIXED RATE CD /GA CD
108,000 108,000.00 98.183
9.32 0.35%
0.36% -1,962.36
09/22/2025 0.47 106,037.64 0.12%
4.22%
CHAMBERS BANK AK US RT 378.00 4.22%00.3500% MAT 09/22/25FIXED RATE CD /AK CD
245,000 245,000.00 98.176
6.71 0.50%
0.51% -4,468.80
09/29/2025 06/29/2025 0.49 240,531.20 0.27%
4.22%4.22%
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 98.286
0.00 0.70%
0.71% -4,199.30
09/30/2025 03/31/2025 0.49 240,800.70 0.27%
4.19%4.19%
100.00
JPMORGAN CHASE BK OH 1,715.00US RT 00.7000% MAT09/30/25 FIXED RATE CD /OH CD
245,000 245,000.00 100.004
332.26
4.50%
4.50% 9.80
10/20/2025 04/20/2025 0.05 245,009.80 0.27%
4.42%4.49%
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 97.900
32.22 0.60%
0.61% -5,145.00
10/23/2025 04/23/2025 0.56 239,855.00 0.26%
4.37%4.37%
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 97.938
4,620.00
0.54%
0.55% -41,240.00
10/27/2025 0.56 1,958,760.00 2.16%
4.22%
10,800.00 4.22%
NR/NR/NR
FNMA NTS 00.540 % DUE Aaa/AA+/AA+102725 DTD 102720 FC04272021 2,000,000 2,000,000.00 97.745
4,168.89
0.56%
0.57% -45,100.00
11/17/2025 0.61 1,954,900.00 2.16%
4.24%
11,200.00 4.24%
NR/NR/NR
FNMA NTS 00.560 % DUE Aaa/AA+/AA+111725 DTD 111720 FC05172021 2,000,000 2,000,000.00 97.729
4,233.33
0.60%
0.61% -45,420.00
11/24/2025 0.63 1,954,580.00 2.16%
4.19%
12,000.00 4.19%
NR/NR/NR
FFCB BOND 00.600 % DUE Aaa/AA+/AA+112425 DTD 112420 FC05242021 245,000 245,000.00 97.447
359.11
0.50%
0.51% -6,254.85
12/15/2025 0.70 238,745.15 0.26%
4.18%
BK HAPOALIM BM NY US RT 1,225.00 4.18%00.5000% MAT 12/15/25FIXED RATE CD /NY CD
Total 2025 36,408,000 1.04% 07/17/2025 $376,262.00
1.04%
4.39%4.39%
0.28$36,420,259.43
$-366,077.82
$36,054,181.61
$97,794.38
39.77%
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 22 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (continued)Maturing 2026 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
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 2,000,631.57 97.209
2,955.56
0.70%
0.72% -56,451.57
01/15/2026 0.77 1,944,180.00 2.14%
4.34%
14,000.00 4.34%
NR/NR/NR
JOHN DEERE CPTL CORP A1/A+/A00.700% 011526DTD010721 FC071521 MEDTERM NTS 245,000 245,000.00 100.074
1,626.06
4.25%
4.25% 181.30
02/02/2026 0.82 245,181.30 0.27%
4.15%
MORGAN STANLEY BK UT US 10,412.50 4.15%RT 04.2500% MAT 02/02/26FIXED RATE CD /UT CD
1,200,000 1,200,000.00 95.991
933.33
0.80%
0.83% -48,108.00
02/26/2026 0.88 1,151,892.00 1.27%
5.41%
9,600.00 5.41%
NR/NR/NR
JPMORGAN CHASE & CO A1/AA-/A00.800% 022626DTD022621 FC082621 MEDTERM NTS 245,000 245,000.00 99.748
1,224.33
3.80%
3.81% -617.40
03/11/2026 04/11/2025 0.92 244,382.60 0.27%
4.07%4.07%
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 96.697
1,000.00
0.90%
0.93% -55,920.00
03/11/2026 02/11/2026 0.92 1,933,940.00 2.13%
4.51%4.51%
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 96.881
69.81 0.80%
0.83% -7,641.55
03/18/2026 06/18/2025 0.95 237,358.45 0.26%
4.11%4.11%
100.00
BMO HARRIS BK NA IL US RT 1,960.0000.8000% MAT 03/18/26FIXED RATE CD /IL CD
245,000 245,000.00 100.898
372.87
5.05%
5.01% 2,200.10
03/20/2026 0.94 247,200.10 0.27%
4.10%
AFFINITY PLUS MN US RT 12,372.50 4.10%05.0500% MAT 03/20/26LICU SHARE CERTIFICATE/MN CD
245,000 245,000.00 100.850
369.18
5.00%
4.96% 2,082.50
03/20/2026 0.94 247,082.50 0.27%
4.10%
VALLEYSTAR CR UN M VA 12,250.00 4.10%US RT 05.0000% MAT03/20/26 LICU SHARECERTIFICATE /VA CD
245,000 245,000.00 100.869
1,006.85
5.00%
4.96% 2,129.05
03/23/2026 0.95 247,129.05 0.27%
4.09%
TECHNOLOGY CREDIT CA US 12,250.00 4.09%RT 05.0000% MAT 03/23/26CREDIT UNION SHARE CERT/CA 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, 2025 Page 23 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (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 ($)
245,000 245,000.00 100.822
234.93
5.00%
4.96% 2,013.90
03/24/2026 0.95 247,013.90 0.27%
4.13%
CIBC BANK ILLINOIS IL US RT 12,250.00 4.13%05.0000% MAT 03/24/26FIXED RATE CD /IL CD
245,000 245,000.00 96.916
36.25 0.90%
0.93% -7,555.80
03/25/2026 0.96 237,444.20 0.26%
4.13%
STATE BANK OF INDI NY US 2,205.00 4.13%RT 00.9000% MAT 03/25/26FIXED RATE CD /NY CD
2,000,000 2,000,000.00 97.041
0.00 1.05%
1.08% -59,180.00
03/30/2026 N/A 1,940,820.00 2.14%
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 96.938
0.00 0.95%
0.98% -7,501.90
03/31/2026 03/31/2025 N/A 237,498.10 0.26%
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 96.802
191.30
0.95%
0.98% -7,835.10
04/16/2026 1.04 237,164.90 0.26%
4.08%
GREENSTATE CREDIT IA US 2,327.50 4.08%RT 00.9500% MAT 04/16/26FIXED RATE CD /IA CD
245,000 245,000.00 96.725
966.58
0.90%
0.93% -8,023.75
04/22/2026 1.03 236,976.25 0.26%
4.09%
TOYOTA FINL SVG BK NV US 2,205.00 4.09%RT 00.9000% MAT 04/22/26FIXED RATE CD /NV CD
2,000,000 2,000,000.00 97.916
3,777.78
0.50%
0.51% -41,680.00
05/15/2026 05/15/2025 N/A 1,958,320.00 2.16%
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 2,001,098.70 96.544
8,688.89
1.15%
1.19% -70,218.70
05/15/2026 04/15/2026 1.09 1,930,880.00 2.13%
4.34%4.34%
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 96.187
85.58 0.85%
0.88% -9,341.85
06/16/2026 06/16/2025 1.20 235,658.15 0.26%
4.08%4.08%
100.00
UBS BANK UT US RT 2,082.5000.8500% MAT 06/16/26FIXED RATE CD /UT CD
245,000 245,000.00 99.335
2,168.42
3.55%
3.57% -1,629.25
06/30/2026 04/30/2025 1.20 243,370.75 0.27%
4.09%4.09%
100.00
ALLY BK UT US RT 03.5500% 8,697.50MAT 06/30/26 FIXED RATECD /UT CD
2,000,000 2,000,000.00 97.597
5,000.00
1.00%
1.02% -48,060.00
06/30/2026 06/30/2025 N/A 1,951,940.00 2.15%
N/AN/A
100.00
20,000.00
NR/NR/NR
FHLB BOND STEP-UP Aaa/NR/AA+1.0000% DUE 063026 DTD063021 FC 12302021Includes 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, 2025 Page 24 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (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 96.859
7,500.00
1.50%
1.55% -62,820.00
06/30/2026 N/A 1,937,180.00 2.14%
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 95.903
427.58
0.70%
0.73% -10,037.65
07/01/2026 1.22 234,962.35 0.26%
4.09%
NEW YORK CMNTY BK NY 1,715.00 4.09%US RT 00.7000% MAT07/01/26 FIXED RATE CD /NY CD
1,000,000 968,385.25 96.007
1,400.00
1.05%
1.09% -8,315.25
08/13/2026 04/13/2025 1.33 960,070.00 1.06%
4.08%4.08%
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 95.641
161.10
0.80%
0.84% -10,679.55
08/13/2026 1.36 234,320.45 0.26%
4.08%
LIVE OAK BKG CO NC US RT 1,960.00 4.08%00.8000% MAT 08/13/26FIXED RATE CD /NC CD
2,000,000 2,000,000.00 96.091
2,236.11
1.15%
1.20% -78,180.00
08/26/2026 N/A 1,921,820.00 2.12%
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 94.868
1,983.33
1.05%
1.11% -102,640.00
08/27/2026 08/27/2025 1.36 1,897,360.00 2.09%
4.87%4.87%
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 95.528
156.67
0.94%
0.98% -89,440.00
09/28/2026 1.45 1,910,560.00 2.11%
4.06%
18,800.00 4.06%
NR/NR/NR
FFCB NTS 00.940 % DUE Aaa/AA+/AA+092826 DTD 092821 FC03282022 1,000,000 982,052.13 95.672
4,692.68
1.13%
1.18% -25,332.13
10/31/2026 1.54 956,720.00 1.06%
3.97%
11,250.00 3.97%
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 95.366
980.34
1.15%
1.21% -11,353.30
11/24/2026 1.60 233,646.70 0.26%
4.08%
CAPITAL ONE BK USA VA US 2,817.50 4.08%RT 01.1500% MAT 11/24/26FIXED RATE CD /VA CD
245,000 245,000.00 95.366
980.34
1.15%
1.21% -11,353.30
11/24/2026 1.60 233,646.70 0.26%
4.08%
CAPITAL ONE NA VA US RT 2,817.50 4.08%01.1500% MAT 11/24/26FIXED RATE CD /VA CD
Total 2026 27,365,000 1.21% 06/05/2026 $330,110.00
1.25%
4.37%4.37%
1.13$27,307,027.65
$-831,309.20
$26,475,718.45
$51,225.84
29.20%
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 25 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (continued)Maturing 2027 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.
Adjusted
cost basis ($)/
Unreal. g/l ($)
2,000,000 2,000,000.00 96.185
6,644.44
1.84%
1.91% -76,300.00
01/26/2027 1.76 1,923,700.00 2.12%
4.03%
36,800.00 4.03%
NR/NR/NR
FFCB BOND 01.840 % DUE Aaa/AA+/AA+012627 DTD 012622 FC07262022 2,000,000 2,000,000.00 95.972
5,043.33
1.78%
1.85% -80,560.00
02/10/2027 05/10/2025 1.79 1,919,440.00 2.12%
4.05%4.05%
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 95.675
342.33
1.70%
1.78% -10,596.25
02/18/2027 1.85 234,403.75 0.26%
4.08%
METRO CREDIT UNION MA 4,165.00 4.08%US RT 01.7000% MAT02/18/27 LICU SHARECERTIFICATE /MA CD
245,000 245,000.00 95.688
148.34
1.70%
1.78% -10,564.40
02/18/2027 1.85 234,435.60 0.26%
4.08%
PENTAGON FED CREDI VA US 4,165.00 4.08%RT 01.7000% MAT 02/18/27CREDIT UNION SHARE CERT/VA CD
3,215,000 3,075,098.40 96.374
6,462.15
2.01%
2.09% 23,325.70
02/25/2027 05/25/2025 1.83 3,098,424.10 3.42%
4.01%4.01%
100.00
64,621.50
NR/NR/NR
FHLB BOND 02.010 % DUE Aaa/NR/AA+022527 DTD 022522 FC08252022 245,000 245,437.04 96.153
389.32
2.00%
2.08% -9,862.19
03/02/2027 1.85 235,574.85 0.26%
4.10%
EAGLEMARK SVGS BK NV US 4,900.00 4.10%RT 02.0000% MAT 03/02/27FIXED RATE CD /NV CD
245,000 245,000.00 98.182
2,727.89
3.20%
3.26% -4,454.10
05/24/2027 2.03 240,545.90 0.27%
4.09%
DISCOVER BANK DE US RT 7,840.00 4.09%03.2000% MAT 05/24/27FIXED RATE CD /DE CD
245,000 245,000.00 101.276
504.77
4.70%
4.64% 3,126.20
06/15/2027 2.09 248,126.20 0.27%
4.09%
ESSENTIAL FED CRED LA US 11,515.00 4.09%RT 04.7000% MAT 06/15/27LICU SHARE CERTIFICATE /LA CD
245,000 245,000.00 98.224
349.04
3.25%
3.31% -4,351.20
06/15/2027 2.12 240,648.80 0.27%
4.09%
LAFAYETTE FED CRED MD US 7,962.50 4.09%RT 03.2500% MAT 06/15/27LICU SHARE CERTIFICATE/MD CD
245,000 245,000.00 99.974
247.68
4.10%
4.10% -63.70
11/22/2027 2.50 244,936.30 0.27%
4.11%
WORKERS CREDIT UNI MA 10,045.00 4.11%US RT 04.1000% MAT11/22/27 LICU SHARECERTIFICATE /MA CD
Total 2027 8,930,000 2.11% 03/03/2027 $187,614.00
2.18%
4.04%4.04%
1.85 $8,790,535.44
$-170,299.94
$8,620,235.50
$22,859.30
9.51%
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 26 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (continued)Maturing 2028 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.
Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 245,000.00 99.644
349.04
4.00%
4.01% -872.20
03/20/2028 2.77 244,127.80 0.27%
4.13%
GOLDMAN SACHS BANK NY 9,800.00 4.13%US RT 04.0000% MAT03/20/28 FIXED RATE CD /NY CD
245,000 245,000.00 99.652
285.27
4.25%
4.26% -852.60
03/21/2028 03/21/2026 2.78 244,147.40 0.27%
4.37%4.37%
100.00
AMER NATL BK OMA NE US 10,412.50RT 04.2500% MAT 03/21/28FIXED RATE CD /NE CD
245,000 245,000.00 100.607
939.73
5.00%
4.97% 1,487.15
04/03/2028 04/03/2026 0.98 246,487.15 0.27%
4.38%4.78%
100.00
ARBOR FINL CREDIT MI US RT 12,250.0005.0000% MAT 04/03/28FIXED RATE CD /MI CD
1,500,000 1,494,995.25 98.312
21,533.33
3.80%
3.87% -20,315.25
05/15/2028 02/15/2028 2.87 1,474,680.00 1.63%
4.38%4.38%
100.00
57,000.00
NR/NR/NR
AMEREN ILL CO NTS B/E A1/WD/A03.800% 051528DTD052218 FC111518CALL@MW+15BP 245,000 245,000.00 100.254
604.78
5.30%
5.29% 622.30
07/14/2028 07/14/2025 0.28 245,622.30 0.27%
4.41%5.22%
100.00
CY-FAIR FED CREDIT TX US 12,985.00RT 05.3000% MAT 07/14/28FIXED RATE CD /TX CD
245,000 245,000.00 102.695
469.86
5.00%
4.87% 6,602.75
07/17/2028 3.03 251,602.75 0.28%
4.12%
NEW ORLEANS FIREME LA US 12,250.00 4.12%RT 05.0000% MAT 07/17/28FIXED RATE CD /LA CD
219,000 219,000.00 99.978
3,784.50
4.35%
4.35% -48.18
11/06/2028 11/06/2025 3.25 218,951.82 0.24%
4.35%4.35%
100.00
FIRST GTY BK HAMMO LA US 9,526.50RT 04.3500% MAT 11/06/28FIXED RATE CD /LA CD
Total 2028 2,944,000 4.23% 05/26/2028 $124,224.00
4.25%
4.44%4.34%
2.52 $2,938,995.25
$-13,376.03
$2,925,619.22
$27,966.52
3.23%
Includes all fixed-rate securities in the selected portfolio. Average yields and durations exclude Structured Product, Pass-Through, Perpetual Preferred, and Foreign securities.Accrued interest, if any, has been included in the total market value.Report created on: April 01, 2025 Page 27 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (continued)Maturing 2029 Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.
Adjusted
cost basis ($)/
Unreal. g/l ($)
500,000 494,790.25 100.003
0.00 4.65%
4.65% 5,224.75
02/01/2029 02/01/2028 N/A 500,015.00 0.55%
N/AN/A
100.00
23,265.00
NR/NR/NR
US BANCORP NTS B/E A3/A/A04.653% 020129DTD020123 FC080123 245,000 244,987.75 99.917
688.01
4.10%
4.10% -191.10
02/06/2029 3.55 244,796.65 0.27%
4.12%
WELLS FARGO BK NA SD US 10,045.00 4.12%RT 04.1000% MAT 02/06/29FIXED RATE CD /SD CD
245,000 244,755.00 100.065
787.36
5.10%
5.10% 404.25
03/08/2029 04/08/2025 0.02 245,159.25 0.27%
2.13%5.08%
100.00
EATON CMNTY BK MI US RT 12,495.0005.1000% MAT 03/08/29FIXED RATE CD /MI CD
1,000,000 1,000,005.19 99.849
2,203.47
4.18%
4.18% -1,515.19
03/12/2029 03/12/2027 3.60 998,490.00 1.10%
4.22%4.22%
100.00
41,750.00
NR/NR/NR
FEDERAL HOME LN BANK Aaa/NR/AA+NTS 04.175 % DUE 031229DTD 031225 FC 09122025 1,000,000 984,595.25 98.212
15,111.11
4.00%
4.07% -2,475.25
05/15/2029 03/15/2029 3.70 982,120.00 1.08%
4.48%4.48%
100.00
40,000.00
NR/NR/NR
UNITED HEALTH GROUP INC A2/A/A+04.000% 051529DTD052022 FC111522CALL@MW+20BP 470,000 442,604.25 95.009
5,473.54
3.25%
3.42% 3,938.05
05/22/2029 02/22/2029 3.77 446,542.30 0.49%
4.59%4.59%
100.00
15,275.00
NR/NR/NR
CHARLES SCHWAB CORP B/E A2/A/A03.250% 052229DTD052219 FC112219 1,000,000 971,415.25 95.513
10,305.56
3.50%
3.66% -16,285.25
06/15/2029 03/15/2029 3.81 955,130.00 1.05%
4.69%4.69%
100.00
35,000.00
NR/NR/NR
PACIFICORP B/E 03.500% A2/NR/A061529 DTD030119FC061519 CALL@MW+15BP 1,000,000 0.00 100.293
13,326.39
5.05%
5.04% 1,002,930.00
06/26/2029 12/26/2025 0.71 1,002,930.00 1.11%
4.63%4.97%
100.00
50,500.00
NR/NR/NR
FNMA NTS 05.050 % DUE Aaa/AA+/AA+062629 DTD 062824 FC12262024 500,000 499,085.25 99.778
5,686.11
4.45%
4.46% -195.25
06/29/2029 3.79 498,890.00 0.55%
4.51%
22,250.00 4.51%
NR/NR/NR
TOYOTA MOTOR CREDIT A1/A+/A+CORP 04.450% 062929DTD063022 FC122922CALL@MW+20BP 245,000 245,000.00 100.003
123.51
4.60%
4.60% 7.35
08/27/2029 04/27/2025 0.07 245,007.35 0.27%
4.56%4.60%
100.00
STAR FINL BK IN US RT 11,270.0004.6000% MAT 08/27/29FIXED RATE CD /IN CD
245,000 240,222.50 97.846
144.99
3.60%
3.68% -499.80
09/25/2029 4.09 239,722.70 0.26%
4.13%
AMER EXPRESS NATL UT US 8,820.00 4.13%RT 03.6000% MAT 09/25/29FIXED 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, 2025 Page 28 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (continued)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 ($)
1,500,000 1,498,850.25 99.852
34,650.00
4.62%
4.63% -1,070.25
10/01/2029 04/01/2025 3.94 1,497,780.00 1.65%
4.65%4.65%
100.00
69,300.00
NR/NR/NR
FFCB BOND 04.620 % DUE Aaa/AA+/AA+100129 DTD 100124 FC04012025 1,000,000 977,635.25 98.481
19,912.50
4.05%
4.11% 7,174.75
10/04/2029 09/04/2029 3.99 984,810.00 1.09%
4.43%4.43%
100.00
40,500.00
NR/NR/NR
ACCENTURE CAPITAL INC Aa3/A+/AA04.050% 100429DTD100424 FC040425CALL@MW+10BP 1,000,000 997,555.25 99.955
21,326.39
4.63%
4.63% 1,994.75
10/15/2029 04/15/2025 3.97 999,550.00 1.10%
4.64%4.64%
100.00
46,250.00
NR/NR/NR
FHLB NTS 04.625 % DUE Aaa/NR/AA+101529 DTD 101524 FC04152025 500,000 492,571.66 100.109
8,342.54
4.00%
4.00% 7,973.34
10/31/2029 4.08 500,545.00 0.55%
3.97%
20,000.00 3.97%
NR/NR/NR
US TSY NOTE 04.000 % DUE Aaa/AA+/AA+10/31/29 DTD 10/31/22 FC04/30/23 1,000,000 983,770.88 100.617
17,206.49
4.13%
4.10% 22,399.12
10/31/2029 4.07 1,006,170.00 1.11%
3.98%
41,250.00 3.98%
NR/NR/NR
US TSY NOTE 04.125 % DUE Aaa/AA+/AA+10/31/29 DTD 10/31/24 FC04/30/25 500,000 500,617.46 100.029
8,912.50
4.65%
4.65% -472.46
11/01/2029 10/01/2029 4.01 500,145.00 0.55%
4.64%4.64%
100.00
23,250.00
NR/NR/NR
ONCOR ELEC DELIVERY CO A2/A/A+04.650% 110129DTD111324 FC050125CALL@MW+10BP 245,000 244,510.00 99.692
3,534.04
4.05%
4.06% -264.60
11/21/2029 4.14 244,245.40 0.27%
4.12%
SALLIE MAE BANK UT US RT 9,922.50 4.12%04.0500% MAT 11/21/29FIXED RATE CD /UT CD
500,000 499,490.25 100.820
8,368.50
4.78%
4.74% 4,609.75
11/23/2029 4.06 504,100.00 0.56%
4.58%
23,910.00 4.58%
NR/NR/NR
ST STREET BK & TR CO NTS Aa2/AA/AA04.782% 112329DTD112524 FC052325 B/E 245,000 245,000.00 99.900
3,440.07
4.10%
4.10% -245.00
11/26/2029 4.15 244,755.00 0.27%
4.12%
STATE BK IL US RT 04.1000% 10,045.00 4.12%MAT 11/26/29 FIXED RATECD /IL CD
1,500,000 1,490,677.13 99.582
19,321.77
3.88%
3.89% 3,052.87
11/30/2029 4.18 1,493,730.00 1.65%
3.97%
58,125.00 3.97%
NR/NR/NR
US TSY NOTE 03.875 % DUE Aaa/AA+/NR11/30/29 DTD 11/30/22 FC05/31/23 1,017,000 994,218.09 99.555
9,797.76
3.88%
3.89% 18,256.26
12/31/2029 4.26 1,012,474.35 1.12%
3.98%
39,408.75 3.98%
NR/NR/NR
US TSY NOTE 03.875 % DUE Aaa/AA+/AA+12/31/29 DTD 12/31/22 FC06/30/23Includes 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, 2025 Page 29 of 36 Consolidated report prepared for City of Glendora
Bond Holdingsas of March 31, 2025 (continued)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 ($)/
Unreal. g/l ($)
Total 2029 15,457,000 4.23% 08/25/2029 $652,631.25
4.25%
4.40%4.33%
3.61$14,292,356.91
$1,054,751.09
$15,347,108.00
$208,662.60
16.93%
Maturing 2030
Effective rating/
Underlying rating
(Mdy/Fitch/S&P) Quantity Coupon
Effective
maturity
Call date/
Call price ($)
Est. annual
income ($)/
Curr. yield (%)
YTM (%)/
YTW (%)
Modified
duration
Market
price ($)
Mkt. value ($)/
Accr. interest ($)
% of
bond
port.
Adjusted
cost basis ($)/
Unreal. g/l ($)
245,000 244,938.75 98.498
82.56 4.10%
4.16% -3,618.65
02/27/2030 02/28/2026 4.43 241,320.10 0.27%
4.44%4.44%
100.00
TRUXTON TR CO NASH TN 10,045.00US RT 04.1000% MAT02/27/30 FIXED RATE CD /TN CD
1,000,000 1,000,005.20 99.930
2,269.44
4.30%
4.30% -705.20
03/04/2030 03/04/2027 4.38 999,300.00 1.10%
4.32%4.32%
100.00
43,000.00
NR/NR/NR
FNMA NTS 04.300 % DUE Aaa/NR/AA+030430 DTD 031225 FC09042025 Total 2030 1,245,000 4.26% 03/03/2030 $53,045.00
4.28%
4.34%4.34%
4.39 $1,244,943.95
$-4,323.85
$1,240,620.10
$2,352.01
1.37%
Effective rating/
Underlying rating
(Mdy/Fitch/S&P)
Mkt. value ($)/
Accr. interest ($)
Adjusted
cost basis ($)/
Unreal. g/l ($)
Call date/
Coupon Call price ($)
Modified
duration
YTM (%)/
YTW (%)
Est. annual
income ($)/
Quantity Curr. yield (%)
Effective
maturity
% of
bond
port.
Market
price ($)
4.35%4.33%
10/21/2026 N/A 1.39$90,994,118.63 N/A $90,663,482.88
$-330,635.75
92,349,000
1.90% $410,860.65 Total Bond Portfolio 1.88% $1,723,886.25 100% $91,074,343.53
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, 2025 Page 30 of 36 Important Information About This Report Disclosures Applicable to Accounts at UBS Financial Services Inc.
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, 2025 Page 31 of 36
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. The benchmark index is selected from among the indices for which UBSFS haslicensing agreements with the index provider. UBSFS does not have licensing agreements for all available indices.The benchmarks may vary from those used by the Money Manager or those listed in the prospectus. Further,there is no guarantee that an investor's account will meet or exceed the stated benchmark. Index performanceinformation has been obtained from third parties deemed to be reliable. We have not independently verified thisinformation, nor do we make any representations or warranties to the accuracy or completeness of thisinformation.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 its holdings.For alternative investments and strategies that are highly customized, such as Concentrated Equity Solutions(CES), benchmarks are broad market indices included for general reference and are not intended to showcomparative market performance or potential portfolios with risk or return profiles similar to your account.Benchmark indices are shown for illustrative 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 securities contributions 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.
Report created on: April 01, 2025 Page 32 of 36
Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) 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 ofexchange 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 which there 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 assets Report created on: April 01, 2025 Page 33 of 36
Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) are 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.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 the report 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 theunderlying 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, not Report created on: April 01, 2025 Page 34 of 36
Disclosures Applicable to Accounts at UBS Financial Services Inc. (continued) including accrued interest.Tax Status: "Taxable" includes all securities held in a taxable account that are subject to federal and/or state orlocal 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. For callable securities, modified duration does not address the impact of changing interest rates on a bond'sexpected 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. Prior to January 2015, accretion due to market discount was calculated using the straight line method.Post January 2015, accretion due to market discount is calculated using the constant yield method. We assumethe securities are held to par and premiums are calculated to call date. Amortization and accretion values may beincorrect due to adjustments related to cost basis. You may hold additional fixed income securities that may notappear on this report. Please refer to your account statements for information regarding all of your holdings.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, for Schedule K-1 reported investments, such as alternative investmentfunds, please refer to your annual K-1 and 1099 tax forms. If this report contains positions with unavailable costbasis, the gain/(loss) for these positions are excluded in the calculation for the Gain/(Loss). As a result thesefigures may not be accurate and are provided for informational purposes only. Clients should not rely on thisinformation in making purchase or sell decisions, for tax purposes or otherwise. Rely only on year-end tax formswhen preparing your tax 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.
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Report created on: April 01, 2025 Page 36 of 36
STAFF REPORT
TO: Mayor and Council Members DATE: April 22, 2025
FROM: City Manager DISTRICT(S): Not Applicable
SUBJECT: Consideration of Approval for the 2025-2027 Strategic Plan
RECOMMENDATION
That the City Council:
1. Approve the 2025 - 2027 Strategic Plan.
STRATEGIC FOCUS AREAS
SubURBAN Living
Glendora as a Destination
New + Revitalized Facilities
Sustainable Infrastructure
Staff + Technology
EXECUTIVE SUMMARY
In order to provide the City Council, City Staff, and Glendora Community with insight into the strategic policy initiatives of the City, the City Council adopts a multi-year strategic plan. The 2025-2027 Strategic Plan takes into account recent City Council review of the draft plan, past strategic planning efforts, recent community survey data, updated financial projections, infrastructure assessments, and other master planning documents.
Coinciding with the City’s two-year budget process, the multi-year plan allows for a “what gets funded, gets done” methodology; elements of the plan are incorporated into employee workplans to engage staff at all levels of the organization.
Updates on the strategic plan are provided quarterly. The current strategic planning cycle kicked off with a two-day City Council workshop in December 2024, continued with a one-day executive staff workshop in February 2025, and concluded with City Council review and requested changes in March 2025.
The City Council has previously received a progress update on the 2023-2025 Strategic Plan and is being requested to consider adoption of the 2025-2027 Strategic Plan.
LEGISLATIVE HISTORY / PREVIOUS ACTIONS
The City of Glendora has undertaken strategic planning efforts for many years. Since 2020, the City Council has transitioned from six-month to multiple year plans for better alignment with the City's budgeting process and engagement of City staff.
The 2023-2025 Strategic Plan was adopted on April 11, 2023. Periodic updates to the plan have been provided to the City Council via presentations under Special Items during City Council meetings, as part of the budget process, and through City Council workshops.
The 2025-2027 strategic planning cycle began with a City Council strategic planning workshop that was held on December 2- 3, 2024. On March 25, 2025, the City Council reviewed and provided comments on the Draft 2025-2027 Strategic Plan.
DISCUSSION
To guide strategic policy initiatives and ensure alignment across the organization, the City Council adopts a multi-year strategic plan that integrates community survey data, financial forecasts, infrastructure assessments, and master planning documents. This strategic plan, timed with the City’s two-year budget cycle, emphasizes the principle that "what gets funded, gets done," embeds plan outcomes into employee workplans and provides for quarterly progress updates. The current strategic plan, adopted in April 2023, will end in June 2025.
The 2023-2025 Strategic Plan includes seven goals, which are broken down into objectives and further into tasks. The policy goals included in the plan have been consistent with past strategic planning efforts for more than five years. A detailed analysis of the progress to date can be found at Attachment A, a summary is included below:
GOAL
# OF
OBJ.
TASKS
Complete In-Progress Not Started Totals
Goal 1: Implement Strategic Economic
Development
9 24 11 2 37
Goal 2: Maintain Financial Stability and
Sustainability
5 14 4 0 18
Goal 3: Enhance Employee Development
and Retention
3 9 6 0 15
Goal 4: Enhance and Modernize the
Organization
12 30 21 3 54
Goal 5: Improve and Maintain
Infrastructure and Facilities
8 9 16 2 27
Goal 6: Implement Strategic
Homelessness Solutions
4 15 0 0 15
Goal 7: Enhance Community
Engagement and Presence
8 18 3 1 22
Totals 49 119 61 8 188
63.3% 32.4% 4.3%
Since the 2023-2025 Strategic Plan’s adoption in April 2023, the City has completed a significant portion of the plan, including more than $30 million in street/sidewalk/water/park projects, updated housing and economic development plans, and commenced major technology projects. Attachment A not only provides a comprehensive update it also links the “InProgress” and “Not-Started” items in the current plan to the 2025-2027 Strategic Plan Attachment B.
The 2025-2027 strategic planning cycle began with a Special City Council meeting in early December 2024. To assist with the development of new strategic goals, the City engaged SSW Consulting to facilitate a two-day workshop with the City Council. The culmination of the two days included the development of five new strategic goal areas.
SubURBAN Living: Foster intentional urbanization through increased targeted housing density, revitalized commercial areas, and enhanced services and infrastructure that supports a livable community for all.
Glendora as a Destination: Attract visitors through strategic marketing, promotion of local businesses, and enhanced connectivity between attractions for a seamless destination experience.
New + Revitalized Facilities: Develop new and enhanced facilities including a modern civic center and improved public spaces that foster connectivity, accessibility, and civic pride.
Sustainable Infrastructure: Plan and construct infrastructure that enhances street conditions, expands trail connectivity, improves traffic safety and mobility, upgrades water systems, and ensures compliance with regulatory standards for a resilient and accessible community.
Staff + Technology: Strengthen City operations through investment in staff and technology improvements.
In early February 2025, SSW Consulting led a one-day workshop with the City’s Executive Team to further the efforts started by the City Council. During this session, the Executive Team added Actions/Indicators that will achieve the Goals and Outcomes crafted by the City Council. Further, the Executive Team added additional Outcomes/Actions/Indicators from the City’s current strategic plan to ensure critical projects underway are continued and funded.
The City Council reviewed the Proposed 2025-2027 Strategic Plan on March 25, 2025, and provided additional direction, which has been incorporated into Attachment B. The document is intended to provide the reader with an understanding of the major policy goals of the City Council, a summary of expected outcomes, and high-level details on major actions undertaken by City staff that will be used to measure progress. The Plan also includes a summary of how the plan was adopted.
The 2025-2027 Strategic Plan includes five new City Council Goals broken down into measurable Outcomes. Those Outcomes are further refined by specific Actions and Indicators that provide depth and perspective to the reader and allow staff to measure and report progress of each Goal area in a transparent manner. Each Action/Indicator is assigned to a Department/Division and given an estimated date of completion.
Below is an example of how the 2025-2027 Strategic Plan is organized:
GOAL: SubURBAN Living: Foster intentional urbanization through increased targeted housing density, revitalized commercial areas, and enhanced services and infrastructure that supports a livable community for all (one of five new City Council Goals).
OUTCOME: A complete eco-system to support the homeless population and improve access to support tools (one of four outcomes under the SubURBAN Living Goal)
ACTION: Formalize interdependence of our partners who serve homeless community (One of three actions listed under the Complete Eco-System Outcome)
INDICATOR: Prepare an assessment of service providers – 2025 Q2: Recreation and Human Services, Library, and Police Department (one of two indicators under the Formalize interdependence action item)
The 2025-2027 Strategic Plan is robust. While staffing capacity, financial resources, and a changing political landscape may limit the ultimate number of actions taken, the plan will further the City Council’s policy goals and achieve many of the expected outcomes.
FISCAL IMPACT
There is no fiscal impact associated with the recommendations included in the report. Each item included in this plan will have its own fiscal impact; those impacts will be included in the FY 2025-2027 Two Year Budget and provided with each City Council action, where applicable.
ENVIRONMENTAL DETERMINATION
There is no CEQA impact associated with the recommendation action. Should individual strategic plan action have CEQA impacts, those will be provided with each City Council and/or Committee recommended action.
Prepared By Adam Raymond, 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 Not Applicable
CEQA Review Not Applicable
ATTACHMENTS:
A. 2023-2025 Strategic Plan Update
B. 2025-2027 Strategic Plan
Attachments
A. 2023 - 2025 Strategic Plan Update.pdf
B. 2025 - 2027 Strategic Plan.pdf
2023-2025 Two-Year Strategic Plan
March 2025 Update
Summary
Complete In-Progress Not Started Totals
Goal 1 9 24 11 2 37
Goal 2 5 14 4 0 18
Goal 3 3 9 6 0 15
Goal 4 12 30 21 3 54
Goal 5 8 9 16 2 27
Goal 6 4 15 0 0 15
Goal 7 8 18 3 1 22
Totals 49 119 61 8 188
63.3% 32.4% 4.3%
TASKS GOAL # OF OBJ.
2023-2025 Two-Year Strategic Plan
March 2025 Update
GOAL 1
STATUS DRAFT 2025-2027
STATEGIC PLAN NOTES
Task 1: Host a public workshop on modern economic development practices. Completed Task 2: Create an incentive package for identified industry clusters. Completed Task 3: Identify top 10 economic leakage opportunities. Completed Task 4: Re-branding and marketing of the City with materials and media. Completed Task 5: Evaluate Staffing needs based on City Council priorities. Completed Task 6: Identify changes necessary to Route 66 and Arrow Highway Specific Plans to attract projects.
In-Progress Included
SubURBAN Living - General
Plan Update and Economic
Action Plan
Task 7: Identify private property owners who want to work with the City. Completed Task 1: Complete Safety and Environmental Justice sections. In-Progress Included SubURBAN Living - General Plan Update
Task 2: Prepare for remaining sections and issue an RFP for consultants to begin working in 2025.
In-Progress Included SubURBAN Living - General
Plan Update
Task 1: Complete Business Improvement District changes. Completed Task 2: Complete Meda Avenue and Bus Plaza improvements. Completed Task 3: Complete Outdoor Dining Program. Completed
Task 4: Complete outdoor sign, display rules and regulations. Not Started Not Included Glendora as a Destination
includes a way-finding
assessment
Task 5: Complete policy for use of public space in Village. In-Progress Included Glendora as a Destinatio n -
Working with Chamber and
Bid & New+Revitalized
Facilities - Improved public
spaces
Task 1: Complete conceptual development plans for future housing and commercial developments. In-Progress Included SubURBAN Living - Station Development Vision Task 2: Identify key sites for targeted development. Completed Task 3: Identify daytime vs nighttime needs. In-Progress Included SubURBAN Living - Station Development Vision
Task 4: Approve certain allowances and incentives for targeted businesses. In-Progress Included SubURBAN Living - Station
Development Vision and
General Plan Update
Task 5: Coordinate community-based place marking to include Civic buildings. In-Progress Included SubURBAN Living - Station
Development Vision and
New + Revitalized Facilities -
New or revitalized Civic
Center
Task 1: Complete rezoning required for density increases. Completed Task 2: Implement 31 action items approved by City Council and Planning Commission. Completed Task 3: Develop objective design standards (ODS). In-Progress Included SubURBAN Living - General Plan Update
Task 4: Identify and implement areas of CEQA streamlining. Not Started Included SubURBAN Living - General Plan Update
Task 5: Identify and implement affordable housing programs and incentives. Completed Task 6: Update subdivision code. In-Progress Included SubURBAN Living - General Plan Update
Task 1: Follow required HCD process for disposition of City property. Completed Task 2: Identify best use for site. Completed
Task 3: Identify a developer or buyer to move forward with best use. Completed Task 1: Survey of surrounding cities’ public art programs. Completed Task 2: Complete summary of Glendora’s public art policies. Completed Task 3: Finalize City Council feedback on recommendations for a comprehensive public art plan. Completed GOAL 1: Implement Strategic Economic Development ITEM Objective 08: Prioritize City investment to compliment City priorities and programs.
Objective 01: Update the Economic Development Action Plan to facilitate development/attraction of desired housing and commercial venues/restaurants/office in the City.
Objective 02: Continue Comprehensive General Plan Update (Long-Term).
Objective 03: Complete Village projects.
Objective 04: Create a Vision and Development Plan for the Village/Gold Line area.
Objective 05: Sixth Cycle Housing Element follow-up.
Objective 06: Complete disposition of San Jose site.
Objective 07: Develop and implement a comprehensive public art policy. 2023-2025 Two-Year Strategic Plan
March 2025 Update
GOAL 1
Task 1: Finalize approach to the preparation of the City’s Capital Improvement Plan (CIP). Completed Task 2: Facilitate investment in City parks and facilities to promote greater access and use. Completed Task 3: Ensure foundational plans are included in future development decisions. Completed Task 1: Provide overview of annexation process through LAFCO. Completed Task 2: Development of Cost of Services Study. In-Progress Included SubURBAN Living -
Determination of
annexations
Task 3: Identify population changes with possible new residents and comparison to current population trends. Completed
Objective 09: Consider possible annexation of County islands within the City’s sphere of influence.
2023-2025 Two-Year Strategic Plan
March 2025 Update
Goal 2
STATUS DRAFT 2025-2027
STATEGIC PLAN NOTES
Task 1: Conduct a comprehensive fee study to ensure that fees and rates are adequate. In-Progress Not Included Current fee study is
underway and will be
completed/implemented by
January 2026
Task 2: Ongoing review and update of fees and rates in a timely manner. Completed Task 3: Pursue alternative sources of funding. Completed Task 4: Leverage public/private/non-profit partnerships to augment service delivery options. Completed Task 5: Pursue additional grant funding opportunities. Completed Task 6: Evaluate the appropriate balance of land uses. In-Progress Included SubURBAN Living - General Plan Update
Task 7: Consider re-establishment of assessment districts for landscaping and lighting. Completed Task 1: Implement new finance software (Tyler) and train city staff. Completed Task 2: Actively manage investments to maximize returns for cash on hand. Completed Task 3: Optimize the budget process to be more transparent. Completed Task 1: Provide frequent updates and reports to stakeholders to address problematic areas in the City. Completed
Task 2: Proactively address areas of concern through needs assessment and CIP. Completed Task 3: Conduct monthly safety training for all employees. Completed Task 4: Complete annual audits (financial, liability, and worker’s compensation). Completed Task 1: Prepare plans specific to City assets to evaluate the total cost of ownership and operations.
In-Progress Included
Glendora as a Destination -
South Hills Highest and Best
Use and New + Revitalized
Facilities - New or revitalized
civic center and Improved
public spaces
Task 2: Take necessary steps to participate in the Uniform Public Construction Cost Accounting Act program.
Completed
Task 1: Implement the elements of the Memorandum of Understanding, including technology transition.
In-Progress Not Included
Staff + Technology goal areas
does not specifically mention
the final phases of this
project, which will still be a
work-in-progress by staff.
Task 2: Assess the impact to the City’s budget of absorbing the costs related to some ongoing programming, services and content for the public and platforms. Completed GOAL 2: Maintain Financial Stability and Sustainability Objective 04: Develop a program to proactively address ongoing management and operations of City assets to maximize use of local resources.
Objective 03: Enhance the City’s risk management program.
Objective 02: Enhance fiscal responsibility for the use of resources.
ITEM
Objective 05: Continue developing affiliation between the City and Glendora Public Library Friends Foundation.
Objective 01: Safeguard long term security of revenues to fund core public services. 2023-2025 Two-Year Strategic Plan
March 2025 Update
GOAL 3
STATUS DRAFT 2025-2027
STATEGIC PLAN NOTES
Task 1: Establish a Wellness Committee to deploy programs that will create exceptional experiences.
Completed
Task 2: Initiate a Performance Management Program to motivate and develop employees. In-Progress Included Staff + Technology - Stable workforce
Task 3: Deploy Human Resources software that will enhance accessibility to employment actions.
Completed
Task 4: Continue efforts to engage employees with more employee centric program benefits. Completed Task 5: Conduct employee satisfaction survey. In-Progress Included Staff + Technology - Stable workforce
Task 6: Evaluate all positions for remote work ability. Completed Task 1: Initiate diversity, equity, inclusion (DEI) training and programs. Completed Task 2: Enhance marketing and communication strategies to expand outreach to candidates. Completed Task 3: Develop a Succession Plan that grows and develops internal staff. In-Progress Included Staff + Technology - Stable workforce
Task 4: Offer learning and development opportunities that include training, academies, coaching, etc. Completed
Task 5: Enhance the onboarding experience to include training and exposure to all City departments. In-Progress Included Staff + Technology - Stable workforce Task 6: Establish a formal internship/apprenticeship program to develop the next generation of employees. Completed
Task 1: Update and provide training on personnel rules and regulations. In-Progress Included Staff + Technology - Stable workforce
Task 2: Monitor and revise MOU’s, as appropriate. In-Progress Included Staff + Technology - Stable workforce
Task 3: Evaluate and modernize organizational structure and positions. Completed Objective 03: Maintain positive working relationships with City’s labor groups.
Objective 02: Attract, recruit, and retain qualified and diverse individuals to the organization.
Objective 01: Create a positive work experience and support employee work-life balance through engagement and wellness.
ITEM GOAL 3: Enhance Employee Development and Retention 2023-2025 Two-Year Strategic Plan
March 2025 Update
GOAL 4
STATUS DRAFT 2025-2027
STATEGIC PLAN NOTES
Task 1: Issue a RFP for a consultant to assist the City with updating of the Urban Forestry Manual. Completed
Task 2: Review frequency of grid trimming against best practices and funding available. In-Progress Included New + Revitalized Facilities - urban Forestry Manual
Task 3: Review fees associated with development. In-Progress Included New + Revitalized Facilities - urban Forestry Manual
Task 4: Present preliminary finding of draft plan to City Council and possibly Planning Commission. In-Progress Included New + Revitalized Facilities - urban Forestry Manual Task 5: Incorporate final document, where necessary, into the various development and CIP processes.
In-Progress Included New + Revitalized Facilities -
urban Forestry Manual
Task 1: Define the vision and purpose of the City’s communications plan. In-Progress Included Glendora as a Destination -
Implement Strategic
Communications Plan
Task 2: Develop the framework for creating a Communications Task Force, comprised of multiple departments. In-Progress Included
Glendora as a Destination -
Implement Strategic
Communications Plan
Task 3: Evaluate unique ways to engage the City Council and Board/Commissions in robust information sharing. Not Started Included
Glendora as a Destination -
Implement Strategic
Communications Plan
Task 4: Evaluate unique ways to communicate with different groups in town. Not Started Included Glendora as a Destination -
Implement Strategic
Communications Plan
Task 5: Develop a strategic communications and marketing outline for the next two to four years.
In-Progress Included
Glendora as a Destination -
Implement Strategic
Communications Plan
Task 6: Find ways to engage the community through feedback and other forms of communication/outreach. Completed
Task 1: Develop a City “tagline” to utilize in the branding of City. Completed Task 2: Create/update style guide and incorporate into overall communication strategy. Completed Task 3: Redesign/organize City’s website to make it intuitive for all constituents. Completed Task 4: Revised website will incorporate additional opportunities for the community to stay informed. Completed
Task 1: Return to City Council and Board of Trustees with updates in 2023. Completed Task 2: Ensure adopted plan incorporates feedback from 2022 City Council / Board of Trustee Joint Meeting. Completed
Task 3: Ensure updated MOU explores expansion of field accessibility, school site locations, etc. Completed Task 4: Return to City Council and Board of Trustees for approval in December 2023 to January 2024.
Completed
Task 5: Review funding options for site improvements, including user fees and possible bond measures.
Completed
Task 1: Complete review of all policies. In-Progress Not Included Project will continue at a
lower priority level as time
permits
Task 2: As needed, meet and confer with City’s bargaining groups. In-Progress Not Included Project will continue at a
lower priority level as time
permits
Task 3: As needed, present policies to City Council for approval. In-Progress Not Included Project will continue at a
lower priority level as time
permits
Task 1: Deploy and configure the software to automate and streamline manual processes. In-Progress Included Staff + Technology -
Completed software
implementation
ITEM GOAL 4: Enhance and Modernize the Organization
Objective 03: Develop and enhance City branding.
Objective 02: Create a communications strategic plan.
Objective 01: Update Urban Forestry Manual.
Objective 06: Complete enterprise resource planning (ERP – Finance/HR/Payroll) system, land management/permitting system, and asset management with City mobile application implementation.
Objective 05: Update Administrative Manual (long-term).
Objective 04: Develop and approve an updated Glendora Unified School District memorandum of understanding.
2023-2025 Two-Year Strategic Plan
March 2025 Update
GOAL 4
Task 2: Clean and migrate complete and accurate data. In-Progress Included Staff + Technology -
Completed software
implementation
Task 3: Test the system and train all users. In-Progress Included Staff + Technology -
Completed software
implementation
Task 4: Go Live with core software modules. In-Progress Included Staff + Technology -
Completed software
implementation
Task 5: Provide public outreach to community on access ability to make payments, submit work requests.
Not Started Included
Staff + Technology -
Completed software
implementation
Task 1: Finalization of base layer used for all City uses. Completed Task 2: Deployment of ESRI tools to City staff. Completed Task 3: Establish process for layer development and maintenance. Completed Task 4: Determine what additional tools are needed for deployment to the public. Completed Task 1: Issue a request for proposal (RFP) for an updated, internet based, phone system. Completed Task 2: Continue with movement of legacy infrastructure to the cloud to improve performance and redundancy. Completed
Task 3: Prepare for a 311 communication system. Completed Task 1: Restructure departments and divisions to be more customer service oriented. Completed Task 2: Practice proactive solutions that are oriented to reflect community needs. Completed Task 3: Compare City's services to the private sector to determine the best way to provide services. Completed
Task 4: Timing of changes to coincide with the budget process. Completed Task 1: Complete Library structural assessment. Completed Task 2: Determine long and short-term impacts of necessary building changes. In-Progress Included New + Revitalized Facilities -
New or Revitalized Civic
Center
Task 3: Identify funding opportunities for capital and services necessary to continue Library services. In-Progress Included
New + Revitalized Facilities -
New or Revitalized Civic
Center
Task 4: Identify opportunities for services to be modified, as needed. In-Progress Included New + Revitalized Facilities -
New or Revitalized Civic
Center
Task 1: Create citywide data entry standards. In-Progress Included Staff+Technology -
Accessible and enhanced City
services
Task 2: Transition OnBase ECM to cloud based solution. In-Progress Included Staff+Technology -
Accessible and enhanced City
services
Task 3: Migrate Police Department data from legacy systems. Completed Task 4: Research the feasibility of a centralized record system. In-Progress Included Staff+Technology -
Accessible and enhanced City
services
Task 5: Complete the citywide digitization and document imaging project. In-Progress Included Staff+Technology -
Accessible and enhanced City
services
Task 1: Assess any intersection with City Clerk digitization efforts. Completed Task 2: Manage initial GPL Friends Foundation grant. Completed Task 3: Identify initial targets for digitation. Completed Task 4: Address initial copyright/permission needs. Completed Task 5: Identify vendors and move forward with selection. Completed Task 6: Expand geographic-based access to community resources. Completed Objective 12: For the Library, ensure continued access to Glendora-specific information sources through local history digitization initiatives.
Objective 11: Increase access to information with implementation of usable digital services and centralized records.
Objective 10: Support and implement short and long-term continued access to the world of ideas as facilities for the Library are assessed and modernized.
Objective 09: Continue to evaluate City’s organization structure to further enhance service delivery.
Objective 08: Continue with technology modernization.
Objective 07: Complete implementation of ESRI geographic information system (GIS). 2023-2025 Two-Year Strategic Plan
March 2025 Update
GOAL 5
STATUS DRAFT 2025-2027
STATEGIC PLAN NOTES
Task 1: Consider solar panels at older facilities that need roof improvements. Completed Task 2: Evaluate artificial turf installation at various parks to promote greater water conservation.
In-Progress Included
Sustainable Infrastructure -
Implemented Water Master
Plan
Task 3: Update Public Works’ standard specifications to incorporate sustainable materials and practices.
In-Progress Included
Sustainable Infrastructure -
various outcomes and
actions will cover this item
Task 4: Complete space planning and facility needs assessment. In-Progress Included New+Revitalized Facilities -
Complete space planning
assessment
Task 1: Reconsider the Five-Year CIP in light of Water infrastructure needs. Completed Task 2: Implement water rate adjustments to fund improvements to the water infrastructure. Completed Task 3: Develop engineering capabilities to support the unique water infrastructure needs. Completed Task 1: Pursue grant and budget appropriation opportunities to fully fund the People Movement Project.
In-Progress Included
Sustainable Infrastructure -
Complete People Movement
project
Task 2: Develop a comprehensive plan to improve and update the City’s traffic signal infrastructure. In-Progress Included Sustainable Infrastructure - Traffic signal modernization Task 3: Update the Citywide traffic study to account for post-pandemic mobility patterns. In-Progress Included SubURBAN Living - General Plan
Task 4: Update the City Pavement Management Plan and facilitate street improvements. In-Progress Included Sustainable Infrastructure -
Improved PCI ratings for
streets
Task 5: Explore the feasibility of constructing a pedestrian oriented bridge over the flood control channel. In-Progress Included
Sustainable Infrastructure -
Complete People Movement
project
Task 1: Consider establishing area-wide beautification events to address potential compliance issues.
Not Started Not Included
Task 2: Enlist the support of non-profit partners to assist residents improve their properties. Not Started Not Included Task 3: Leverage existing City water conservation programs to facilitate landscape improvements
In-Progress Not Included
Task 4: Work with community-based partners to grow community cleanup days and activities In-Progress Not Included Task 1: Create a directional signage design standard to enhance various community assets. In-Progress Task 2: Replace and/or refurbish existing historic district signs. Completed Task 3: Update the City’s sign code in manner that ensures compliance with recent legal determinations. Completed
Task 1: Develop a five-year plan for the replacement of all City vehicles. In-Progress Included Task 2: Pursue grant funding for acquisition of electric and other zero-emission vehicles/infrastructure. In-Progress Included
Task 3: Pursue grant funding to expand the availability of public electric vehicle charging infrastructure. In-Progress Included
Task 1: Develop a South Hills Wilderness Park Plan with to turn it into an active outdoor recreation.
In-Progress Included
New + Revitalized Facilities -
Improved public spaced and
Glendora as a Destination -
Determine highest and best
use for South Hills
Task 2: Develop an Urban Forest Master Plan, providing guidance for long-term and day-to-day management.
In-Progress Included New + Revitalized Facilities -
Improved public spaced
ITEM GOAL 5: Improve and Maintain Infrastructure and Facilities Objective 01: Improve & Maintain Infrastructure/Facilities Objective 02: Implement the Water Division infrastructure assessment.
Objective 03: Build and expand upon existing infrastructure to improve mobility options throughout the City.
Objective 04 : Develop and implement a Citywide beautification program.
Objective 05: Undertake a comprehensive update to the City’s sign code to promote local businesses and community assets, and limit visual clutter.
Objective 06 : Continue with the modernization of the City’s fleet and related infrastructure.
Objective 07 : Update the Parks and Trails Master Plan to guide the development of parks and recreational facilities in the City.
2023-2025 Two-Year Strategic Plan
March 2025 Update
GOAL 5
Task 3: Pursue grant funding and budget appropriation requests for City's park improvements. Completed Task 1: Evaluate the bid package to consider alternative approaches that may reduce the project cost.
Completed
Task 2: Ballot property owners within proposed antique streetlight district to establish annual assessment.
Completed
Objective 08: Continue exploring the feasibility of restoring the operability of the antique streetlight system to working condition.
2023-2025 Two-Year Strategic Plan
March 2025 Update
GOAL 6
STATUS DRAFT 2025-2027
STATEGIC PLAN NOTES
Task 1: Recruit, hire, and train a Human Services Coordinator, responsible for coordinating homelessness. Completed
Task 2: Collect and analyze data to prioritize operational needs for critical service gaps in the City.
Completed
Task 3: Establish program budgets that address different areas of homelessness. Completed Task 1: Explore feasibility of restarting the development of a sub-regional homeless housing and services.
Completed
Task 2: Engage public agency partners to develop short- and long-term housing and service options.
Completed
Task 3: Find ways to prioritize assistance to individuals experiencing homelessness locally. Completed Task 4: Evaluate sites for acquisition to implement localized solutions for homeless individuals. Completed Task 1: Continue to engage public agency partners to pursue fair share of funding to support homelessness. Completed
Task 2: Explore funding opportunities through community-based and non-profit organizations. Completed Task 3: Advocate for and pursue ongoing funding opportunities for housing and services. Completed Task 1: Explore and expand partnerships with non-profit organizations working to address homelessness. Completed
Task 2: Reassess current programs to determine efficacy. Completed Task 3: Continue the development of housing and service options based on the needs of homeless individuals. Completed
Task 4: Explore the use of technology to better collect, track, and report data. Completed Task 5: Investigate SGVCOG Care Team Model Completed
ITEM GOAL 6: Implement Strategic Homelessness Solutions Objective 04 : Update the Homelessness Strategic Plan to reflect the scope of the programs currently underway and assess gaps in the City’s response model.
Objective 03: Pursue ongoing funding opportunities to support and supplement local resources to address the challenge of homelessness.
Objective 02: Evaluate the establishment and expansion of collaborative regional programs among cities in the surrounding region to address the challenge of homelessness.
Objective 01: Strengthen outreach and engagement activities. 2023-2025 Two-Year Strategic Plan
March 2025 Update
GOAL 7
STATUS DRAFT 2025-2027
STATEGIC PLAN NOTES
Task 1: Establish a “Season of Service” Program that allows everyone to collaborate on community projects. Completed
Task 2: Develop civic awareness through an intentional citywide approach to departmental volunteering. Completed
Task 3: Enhance staff membership and presence in community organizations. Completed Task 1: Develop a centralized citywide volunteer program. In-Progress Included Task 2: Expand and create local adopt-a-park, street, and related programs. Not Started Included Task 3: Look for internship opportunities with local high schools. Completed Task 4: Develop a large, yearly City-sponsored beautification/volunteer day/event. In-Progress Included Task 1: Work with the Chamber to allow greater access to the community. Completed Task 2: Invite groups that typically receive an individual updates. Completed Task 3: Identify a facility to hold the event. Completed Task 1: Add a multi-cultural event. Completed
Task 2: Consideration of a 4th of July event Completed
Task 1: Evaluate staffing needs for additional work. Completed Task 2: Determine areas of concern and develop work plans for staff. Completed Task 1: Explore partnerships with LA County, City of Covina and City of Azusa. Completed Task 2: Develop and implement options for addressing homelessness. Completed Task 3: Develop and implement options for addressing illegal vending. Completed Task 1: Determine what information should be surveyed periodically and what should be situational. In-Progress Not Included
New + Revitalized Facilities -
New or Revitalized Civic
Center will include the need
to survey additional City
services. This project will
continue under the scope of
the larger Civic Center
project.
Task 1: Add sworn management staff member to project review team (development process). Completed Task 2: Create standard conditions for development project types to address public safety considerations. Completed
Task 3: Engage existing businesses and residents when areas of concern arise. Completed Task 4: Establish an outreach program to crime victims to help eliminate future and re-occurring issues. Completed
ITEM GOAL 7: Enhance Community Engagement and Presence Objective 01: Build trusting relationships with the community that sustain cohesive communities.
Objective 02: Communicate and expand the number of opportunities that residents and businesses can engage and give back to their community.
Objective 03: Work with the Glendora Chamber of Commerce to transition the State of the City from a daytime event to an evening event.
Objective 04 : Review City events for possible changes and expansion.
Objective 05: Review opportunities to for Code Enforcement to be more proactive to address certain key issues raised by the City Council and community.
Objective 06: Address quality of life issues along Arrow Highway corridor.
Objective 07: For the Library, support connections to information and other human services, guiding services and partnership development, through Library and partner conducted surveys.
Objective 08: Crime prevention through environmental design, implementation and enforcement.
2025–2027 CITY COUNCIL
GOALS + ACTION PLAN
CITY OF
GLENDORA
Table of
Contents
Goal-Setting Process 04
2025–2027 Goals 05
2 Introduction 03
Goal 2: Glendora as a
Destination
09 Goal 3: New + Revitalized
Facilities
12 Goal 1: SubURBAN Living 06
Goal 5: Staff + Technology 17
Goal 4: Sustainable
Infrastructure
14 Introduction
The City of Glendora is pleased to present a summary of its December 2024 Council Retreat.
On December 2-3, 2024 the City Council and leadership team met to gain a deeper understanding of the current community and organizational landscape. The goal was to refine strategic goals that would guide the organization over the next two years.
To facilitate this process, the City engaged SSW Consulting, a professional facilitation and strategic planning firm. The retreat aimed to achieve the following:
Facilitate a team-building experience that fosters a strong and cohesive team among Council and staff
Review the roles of policymakers and administration in the Council-Manager form of government and discuss expectations/agreements that will strengthen the partnership between staff and Council to advance the goals Review the Council’s past goals , highlight successes we can build on and challenges we can learn from
Build a shared understanding of the current community/organizational context and the progress status of the Council’s current goals to inform the goal refinement Develop a refined set of goals for July 1, 2025-June 30, 2027, with clear, measurable outcomes to guide the Council and organization
Before the retreat, SSW Consulting conducted individual outreach interviews with members of City Council, as well as a leadership team survey. This information helped shape the retreat agenda to ensure a productive and engaging experience.
During the retreat, staff and Council members worked to refine last year’s goals, considering progress made and emerging priorities. They collaborated to assess the community and organizational context and develop clear and measurable goals. The Executive team refined the goals on February 10th, and the Council approved the 2025- 2027 Strategic Plan summary on March 25th.
To ensure implementation, the plan is incorporated into the City’s two-year budget, reflecting Glendora’s “What gets funded, gets done” approach. The City’s staffing plans include elements of the strategic plan to ensure staff at all levels are following the framework set by the Council and implemented by staff.
Glendora City Council gathers every 2 years to review and refine their goals. They receive quarterly progress updates from staff throughout the biennium. The City appreciates the engagement and participation of the Council and staff. The team looks forward to working together to advance these goals.
3 Goal-Setting
Process
To guide their efforts during the July 1, 2025 – June 30, 2027 fiscal period, Glendora City Council and Staff worked together to define their strategic priorities. This process involved setting overarching goals, identifying desired outcomes, and developing supporting actions with measurable indicators. For clarity, these essential components are defined below.
Goals (or Goal Areas): Broad, overarching focus areas guiding City and Council efforts and resource allocation over a defined period. They represent key priorities, providing a strategic framework and communicating overall ambitions to stakeholders, influencing decision-making.
Outcomes: Specific, measurable, achievable, relevant, and time-bound (SMART) results the City aims to achieve within each goal area. They translate broad goals into concrete targets, clarifying success and focusing efforts on tangible results within defined timeframes.
Actions: Specific projects, programs, initiatives, policies, or operational changes the City undertakes to achieve desired outcomes. These are the concrete steps to achieve the outcomes moving the City toward its goals.
Indicators: The indicators are specific deliverables or milestones that indicate progress or completion within each action. They detail the work required, with timelines and assigned departments, enabling granular tracking of progress within actions and contributing to broader outcome and goal achievement.
4 SubURBAN Living
Foster intentional urbanization through increased
targeted housing density, revitalized commercial
areas, and enhanced services and infrastructure
that supports a livable community for all.
New + Revitalized
Facilities
Develop new and enhanced facilities including a
modern civic center and improved public spaces
that foster connectivity, accessibility, and civic
pride.
Glendora as a Destination
Attract visitors through strategic marketing,
promotion of local businesses, and enhanced
connectivity between attractions for a seamless
destination experience.
Sustainable Infrastructure
Plan and construct infrastructure that enhances
street conditions, expands trail connectivity,
improves traffic safety and mobility, upgrades
water systems, and ensures compliance with
regulatory standards for a resilient and
accessible community
Staff + Technology
Strengthen City operations through investment in
staff and technology improvements.
2025-2027
GOALS
INDICATORS TIMELINE LEAD
ACTION 1.1: GENERAL PLAN UPDATE
RFP for consultant 2026 Q1 Comm. Dev. (Planning)
Subdivision Code 2025 Q4 Comm. Dev. (Planning)
Objective Design Guidelines 2025 Q3 Comm. Dev. (Planning) Safety Element 2025 Q3 Comm. Dev. (Planning)
ACTION 1.2: 1762 DALE DEVELOPMENT
ENA with Mercy Housing - (development complete in 3
years of ENA approval)
2025 Q2 Comm. Dev. (Housing & Economic
Development)
ACTION 1.3: STATION DEVELOPMENT VISION (TOC/TAP)
Adoption of Development Vision 2025 Q3 Comm. Dev. (Planning) Gold Line Authority Property Sale 2025 Q2 Gold Line Construction Authority Metro develops parking lot, including affordable units 2028-2030 LA County Metro ACTION 1.4: SCHOOL SITE DEVELOPMENT
Sunflower Campus Development Agreement approval 2025 Q2 Comm. Dev. (Planning) Azusa Unified School District Development Agreement
approval
2025 Q4 Comm. Dev. (Planning)
Glendora Unified School District - Development
Agreement approval
2026 Q3 Comm. Dev. (Planning)
Entitling Developments 2027 Q3 Comm. Dev. (Planning)
Sunflower Campus Development Agreement approval 2025 Q2 Comm. Dev. (Planning) ACTION 1.5: SAN JOSE / WOODLAND SITE DEVELOPMENT
Approve Development Entitlements 2025 Q3 Comm. Dev. (Planning) Affordability Regulatory Agreement 2025 Q3 Comm. Dev. (Planning) Goal 1: SubURBAN Living
Foster intentional urbanization through increased targeted housing density, revitalized commercial areas, and enhanced services and infrastructure that supports a livable community for all.
Outcome 1: Increased targeted housing density and housing options at all income levels
6 INDICATORS TIMELINE LEAD
ACTION 1.6: ECONOMIC ACTION PLAN
Council approves EAP programming 2025 Q2 Comm. Dev. (Econ. Dev./Housing) Implementing the plan + Creating the
programs
Ongoing as
resources become
available
Comm. Dev. (Housing & Economic
Development)
Goal 1: SubURBAN Living
Outcome 2: Revitalized commercial centers
7 Goal 1: SubURBAN Living
Outcome 3: A complete eco-system to support the homeless population and improve access to support tools
INDICATORS TIMELINE LEAD
ACTION 1.7: FORMALIZE INTERDEPENDENCE OF OUR PARTNERS WHO SERVE HOMELESS COMMUNITY Prepare Service Provider Assessment 2025 Q3 Recreation & Human Services (Human Services Manager) / Library (Director, Library
Services Manager)
Convene summit/workshop w/ partners 2025 Q4 Recreation & Human Services and GPD ACTION 1.8: 1762 DALE DEVELOPMENT
ENA with Mercy Housing - (development
complete in 3 years of ENA approval)
2025 Q2 Comm. Dev. (Housing & Economic
Development)
ACTION 1.9: COORDINATE ALTERNATIVES WITH LOCAL MOTEL OWNERS Agreements with service providers +
motel owners
2025 Q3 Recreation & Human Services
ACTION 1.10: ECONOMIC ACTION PLAN
Implementing the plan + Creating the
programs
2025 Q2 Comm. Dev. (Housing & Economic
Development)
Sunstone Challenge 2025 Q2 Comm. Dev. (Housing & Economic Development)
INDICATORS TIMELINE LEAD
ACTION 1.11: REVIEW COST OF SERVICE STUDY
Workshop with City Council 2026 Q3 Comm. Dev. (Planning) ACTION 1.12: DETERMINE TO MOVE FORWARD WITH ANNEXATION STUDY City Council diretion to move forward with annexation, or a portion thereof
2027 Q1 Comm. Dev. (Planning)
Goal 1: SubURBAN Living
Outcome 4: Determination on annexation of county islands on the western City border 8 Goal 2: Glendora as a Destination
Attract visitors through strategic marketing, promotion of local businesses, and enhanced connectivity between attractions for a seamless destination experience.
Outcome 1: Destination marketing to increase visitors to Glendora
INDICATORS TIMELINE LEAD
ACTION 2.1: CONVENE A WORKING GROUP WITH THE CHAMBER AND BUSINESS IMPROVEMENT DISTRICT Hire an Economic Development Manager 2025 Q3 Comm. Dev + CMO Convene the working group and report of progress 2026 Q4 Comm. Dev + CMO ACTION 2.2: ECONOMIC ACTION PLAN
Approval of plan programs and funding 2025 Q4 Comm. Dev. (Housing&Economic Development)
Outcome 2:Economic development strategies to encourage people to "Shop Glendora"
INDICATORS TIMELINE LEAD
ACTION 2.3: COUNCIL LIAISON CHAMPIONS CHAMBER STRATEGIC INITIATIVES Liason engages and supports economic development
programs and initiatives
Ongoing CMO
ACTION 2.4: COMMUNICATION AUDIT
Recommendations for a Communication Plan 2025 Q4 City Clerk - lead / Legislative / Admin / IT /PW / Finance / CMO /
PD / Library / Comm. Dev. / Rec. &
HS
9 Goal 2: Glendora as a Destination
Goal 2: Glendora as a Destination
Outcome 3: Determine the highest and best use for South Hills
INDICATORS TIMELINE LEAD
ACTION 2.5: GENERAL PLAN UPDATE
See indicators above 2025 Q3 -
2026 Q1
Comm. Dev. (Planning)
ACTION 2.6: CONDUCT COMMUNITY POLLING FOR SOUTH HILLS TO INFORM COUNCIL'S POLICY DIRECTION Hire polling firm to complete poll 2026 Q1 CMO
Council Work Session 2026 Q2 CMO
ACTION 2.7: HIRE AVID TRAILS TO DESIGN A MOUNTAIN BIKE PARK AND 6 MILES OF BIKE TRAILS.
Recognizing the community's need for a dedicated
biking space, the City has been working since 2022 to
develop a bike park. The park is being designed as a
family-friendly destination where people can come
together in a safe and enjoyable environment.
Construction
2025 Q2
Trail
completion
2026 Q4
Recreation and Human Services
10 Goal 2: Glendora as a Destination
Outcome 5: Implement Strategic Communications Plan
INDICATORS TIMELINE LEAD
ACTION 2.10: DEVELOP AND IMPLEMENT A STRATEGIC COMMUNICATIONS PLAN Create Communications Task Force 2026 Q1 City Clerk - lead / Legislative /
Admin / IT /PW /
Finance / CMO /
PD / Library /
Comm. Dev. /
Rec. & HS
Gather data, Develop framework for plan and Engage Community 2026 Q2 Approval of plan by City Council 2026 Q3
11 Goal 2: Glendora as a Destination
Outcome 4: Connected destination and attraction areas
INDICATORS TIMELINE LEAD
ACTION 2.8: CONDUCT A WAY-FINDING ASSESSMENT
Issue/ award RFP 2026 Q3 Public Works
Council Work Session 2026 Q3 Public Works
ACTION 2.9: DOCUMENTATION OF BEAUTIFICATION AND VISUAL APPEAL EFFORTS THROUGH LINKAGES OF ITEMS IN THIS PLAN.
Beautification of public spaces, like parks, streets, and plazas, involves enhancing their visual appearance and
making them more inviting and enjoyable for residents
and visitors, often through landscaping, art installation, and improved infrastructure.
2026 Q4 Public Works, Comm. Dev and PDCommunity Preservation
INDICATORS TIMELINE LEAD
ACTION 3.1: CITY COUNCIL DIRECTS FUNDING METHODOLOGY
City Council Work Session 2025 Q1 CM
ACTION 3.2: NEW TRANSPORTATION FACILITY
New paving and potentially a new modular building TBD Public Works / Finance ACTION 3.3: COMPLETE SPACE PLANNING ASSESSMENT
Contact vendors and receive proposals 2026 Q2 PW / Finance / CMO Vendor selection 2026 Q3 PW / Finance / CMO
Coordination with citywide facility assessment. 2026 Q3 All ACTION 3.4: DETERMINE IF NEW OR REMODEL
Consolidate study/ civic center
Coordination of results from citywide facility/space assessments 2026 Q1 Admin / IT /PW / Finance /
CMO / PD / Library
ACTION 3.5: SERVICE IMPACT PLANNING
Develop plans for service delivery for departments impacted by renovations and new buildings
As Needed Admin / IT /PW / Finance /
CMO / PD / Library
12 Goal 3: New + Revitalized Facilities
Develop new and enhanced facilities including a modern civic center and improved public spaces that foster connectivity, accessibility, and civic pride.
Outcome 1: New or revitalized Civic Center
INDICATORS TIMELINE LEAD
ACTION 3.9: DEVELOP A CENTRALIZED CITYWIDE VOLUNTEER PROGRAM Program is completed and becomes central location for all local groups to solicit volunteer assistance
In progress
/ongoing
Human Resources
ACTION 3.10: EXPAND AND CREATE LOCAL ADOPT-A-PARK, STREET, AND RELATED PROGRAMS Implement new program 2025 Q4 Recreation & Human
Services
ACTION 3.11: DEVELOP A LARGE, YEARLY CITY-SPONSORED BEAUTIFICATION/VOLUNTEER DAY OR EVENT Establish a city-sponsored beautifcation project 2025 Q4 Human Resources Goal 3: New + Revitalized Facilities
Outcome 3: Give Back to the Community
13 Goal 3: New + Revitalized Facilities
Outcome 2: Improved Public Spaces
INDICATORS TIMELINE LEAD
ACTION 3.6: COMPLETION OF URBAN FORESTRY MANUAL
Conduct community outreach
Council
2025 Q2 Public Works
ACTION 3.7: ADA TRANSITION PLAN
Will provide an assessment of ADA deficiencies and a plan to tackle and work towards compliance.
2026 Q4 Public Works
ACTION 3.8: COMPLETION OF THE PARKS MASTER PLAN
Will provide an assessment of our park facilities deficiencies and a plan to tackle and work towards updating them.
2026 Q2 Recreation and Human
Services and Public Works
INDICATORS TIMELINE LEAD
ACTION 4.1: COMPLETE PAVEMENT MANAGEMENT PROGRAM STUDY
Final report to Council 2025 Q4 Public Works
Determine goal PCI rating + funding opportunities 2025 Q4 Public Works Goal 4: Sustainable Infrastructure
Plan and construct infrastructure that enhances street conditions, expands trail connectivity, improves traffic safety and mobility, upgrades water systems, and ensures compliance with regulatory standards for a resilient and accessible community
Outcome 1: Improved PCI ratings for streets
14 INDICATORS TIMELINE LEAD
ACTION 4.2: SAN DIMAS WASH URBAN TRAIL
Enter into an Amended MOA with the SGVCOG to administer and deliver the People Movement Project
2024 Q3 Public Works
Provide Outreach Ongoing Public Works
Release RFP for Construction and complete the San Dimas Urban Trail
2026 Q1 Public Works
ACTION 4.3: FIRST LAST MILE IMPROVEMENTS (GLENDORA AVE AND FOOTHILL BLVD.) Complete Design 2026 Q1 Public Works
Refurbish Antique Street Lights 2025 Q4 Public Works
Release RFP for Construction and complete the First Last Mile Improvements
2027 Q2 Public Works
ACTION 4.4: LITTLE DALTON AND BIG DALTON WASH TRAIL
Identify funding 2024 Q3 PW / Finance / CMO
Public outreach Ongoing Public Works / CMO
Complete Design - USACE 408 Permit - Environmental Clearance - Use Agreements / Easements
TBD Public Works
Outcome 2: Complete People Movement project
Goal 4: Sustainable Infrastructure
INDICATORS TIMELINE LEAD
ACTION 4.9: MS4 PERMIT COMPLIANCE
Trash Discharge Prohibitions Compliance 2026 Q3 Public Works Stormwater Master Plan 2026 Q1 Public Works
Finkbiner Park Stormwater Capture Project TBD Public Works
INDICATORS TIMELINE LEAD
ACTION 4.5: TRAFFIC AND SPEED SURVEY
Completion of survey will determine changes needed 2025 Q3 Public Works / PD ACTION 4.6: COMPREHENSIVE SIGNAL INVENTORY
Create a GIS Layer for signals 2025 Q4 Public Works / IT ACTION 4.7: SIX INTERSECTIONS IN THE PROCESS OF UPDATING LA County completing work 2025 Q4 Public Works
ACTION 4.8: HIGHWAY IMPROVEMENT SAFETY PROGRAM
8 intersections for Cycle 11 - requesting funding from Caltrans. 2027 Q2 Public Works Goal 4: Sustainable Infrastructure
Outcome 3: Traffic signal modernization
15 Outcome 4: National Pollution Discharge Elimination System Goal 4: Sustainable Infrastructure
INDICATORS TIMELINE LEAD
ACTION 4.15: DEVELOP A PLAN FOR THE REPLACEMENT OF ALL CITY VEHICLES Prepare Initial Five Year Plan 2025 Q4 Public Works
ACTION 4.16: PURSUE GRANT FUNDING FOR THE ACQUISITION OF ELECTRIC VEHICLES AND INFRASTRUCTURE Identify and apply for funding opportunities Ongoing Public Works ACTION 4.17: PURSUE GRANT FUNDING TO EXPAND AVAILABILITY OF PUBLIC ELECTRIC VEHICLE CHARGING
INFRASTRUCTURE
Identify and apply for funding opportunities; issue RFP for deployment
Ongoing Public Works
INDICATORS TIMELINE LEAD
ACTION 4.10: CONTRACT WITH A CONSULTANT
For Completion of a water infrastructure assessment and plan (Water Infrastructure Plan)
2025 Q4 Public Works
ACTION 4.11: GLENDORA WATER AND STREET IMPROVEMENTS
Completion of plans, specifications and cost estimate 2026 Q1 Public Works Complete Construction TBD Public Works / Finance
ACTION 4.12: COLORADO WATER AND STREET IMPROVEMENTS
Completion of plans, specifications and cost estimate, Complete Construction
2027 Q1 Public Works
ACTION 4.13: CYPRESS WATER AND STREET IMPROVEMENTS
Completion of plans, specifications and cost estimate, Complete Construction
2027 Q1 Public Works
ACTION 4.14: NORTH GLENDORA RESERVOIR
Replace existing with new reservoir. 2027 Q1 Public Works Goal 4: Sustainable Infrastructure
Outcome 5: Implemented Water Master Plan
16 Outcome 6: Modernization of the City's Fleet
Goal 4: Sustainable Infrastructure
INDICATORS TIMELINE LEAD
ACTION 5.1: UPDATE PERSONNEL POLICIES AND REGULATIONS
Prepare draft 2025 Q2 Human Resources
Meet + confer with employee groups 2025 Q2 Human Resources Council approval 2025 Q4 Human Resources
ACTION 5.2: ASSESS SERVICE DELIVERY AND EMPLOYEE TOTAL COMPENSATION PACKAGE MOU negotiations/ new employee engagements 2025 Q2 CMO, Human Resources, Finance Public safety - professional staff MOU's 2025 Q4 CMO, Human Resources, Finance Hours of operation 2026 Q1 CMO – lead / Admin / IT /PW / Finance / CMO / PD / Library /
Comm. Dev. / Rec. & HS / City Clerk
ACTION 5.3: FORMALIZE THE HUMAN RESOURCES LIFE CYCLE
Develop an employee handbook 2026 Q1 Human Resources
Establish a formal employee orientation/ on-boarding
process
2025 Q4 Admin - HR - lead/ CMO / IT /PW /
Finance / CMO / PD / Library /
Comm. Dev. / Rec. & HS / City Clerk
Develop a Succession Plan to identify existing staff for additional development
2026 Q2 Admin - HR - lead/ CMO / IT /PW /
Finance / CMO / PD / Library /
Comm. Dev. / Rec. & HS / City Clerk
Conduct periodic employee surveys, both citywide and
department specific, as needed
2025 Q3 Human Resources
Supervisory/manager academy 2026 Q1 Rita + Marie
Goal 5: Staff + Technology
Strengthen City operations through investment in staff and technology improvements.
Outcome 1: Stable Workforce
17 INDICATORS TIMELINE LEAD
ACTION 5.4: DELIVER MORE CITY SERVICES USING TECHNOLOGY Civic Access app/311 2026 Q2 IT
Deployment of city services kiosk 2026 Q3 IT
Citywide parking application 2025 Q4 IT/PD
ACTION 5.5: COMPLETE CITYWIDE DIGITIZATION EFFORTS
Complection of document imaging project, including
standardized data entry standards, and unified
management system
2026 Q2 City Clerk - PD / Comm. Dev.
ACTION 5.6: DEVELOP A FRAMEWORK FOR DATA UTILIZATION FOR DECISION-MAKING (SMART CITY) Development of draft framework for data utilization + 2026 Q4 IT Council work session 2026 Q4 IT
Goal 5: Staff + Technology
Outcome 2: Accessible and enhanced City services
18 Goal 5: Staff + Technology
Outcome 3: Completed software implementation
INDICATORS TIMELINE LEAD
ACTION 5.7: INCREASE THE NUMBER OF GIS LAYERS AND APPLICATIONS Operations specific information
Go Live of community dashboard
2026 Q4 All
Go live of community dashboard 2026 Q2 All
ACTION 5.8: TYLER IMPLEMENTATION - ENTERPRISE PERMITTING AND LICENSING Go-live week 2025 Q2 Comm.Dev. / Public Works / Police / IT
ACTION 5.9: TYLER IMPLEMENTATION - UTILITY BILLING
Public education provided in advance of go live week. 2025 Q2 Finance/Public Works Successful Go-Live 2025 Q3 Finance/Public Works
ACTION 5.10: TYLER IMPLEMENTATION - ENTERPRISE ASSET MANAGEMENT Public education provided in advance of go live week. 2025 Q3 Public Works /IT/Finance Successful Go Live 2025 Q3 Public Works /IT/Finance
ACTION 5.11: TYLER IMPLEMENTATION - ENTERPRISE RESOURCE PLANNING Open Finance Go Live 2026 Q1 Finance/Admin/IT
Capital Project Explorer Go Live 2026 Q2 Finance/PW/IT
19 CITY OF GLENDORA
(626) 914-8200
cityofglendora.gov
116 E. Foothill Blvd.
Glendora, CA 91741
Prepared by SSW Consulting
Sara Singer Wilson, Principal/Owner
Ashley Sonoff, Facilitation + Strategy Associate
Sasha Konell, Communications + Engagement Associate
Kelsey O’Halloran, Communications + Engagement Strategist Maleigha Martinez, Administrative Assistant