Agenda — Hidden Hills City Council, December 9, 2024

1. CALL TO ORDER AND PLEDGE OF ALLEGIANCE
The Hidden Hills City Council and City staff will be participating in this Adjourned Regular meeting inperson in the Council Chambers and via remote video conferencing (Zoom). If you are an individual with a disability and need a reasonable modification or accommodation pursuant to the Americans with Disabilities Act (“ADA”) please contact Deana Gonzalez at least 48 hours before the scheduled meeting, at (818) 888- 9281 or [email protected]. If you are hearing impaired and would like to watch the meeting on Zoom, once in the meeting room, select the button “live transcript” and then select “show subtitles.” Virtual Webinar Via ZOOM Platform: https://us06web.zoom.us/j/84663043379 To Join by Phone: 669.900.6833 or 408.638.0968 and Enter Webinar ID: 846 6304 3379 Written public comments will be accepted by hard copy or email to [email protected] prior to the meeting and you must identify the agenda item number, if applicable. Such written comments must be received by the City Clerk no later than 3:00 p.m. on the day of the meeting in order to give Council Members an opportunity to review the correspondence. Written comments by email and hard copy correspondence will be received and filed.

PLEASE NOTE THAT THE CITY COUNCIL MAY ACT ON ANY ITEM LISTED ON THE AGENDA

2. Council:

Mayor Eniko Gold
Mayor Pro Tem Larry G. Weber
Council Member Joe Loggia
Council Member Laura McCorkindale
Council Member Adam Wasserman
Staff:

Interim City Manager Gloria Molleda
Interim Associate Attorney Lauren Langer
City Engineer Dirk Lovett
City Clerk Deana Gonzalez
Administrative Analyst Aaron Williams

ROLL CALL

CITY OF HIDDEN HILLS

REGULAR CITY COUNCIL MEETING
6165 Spring Valley Road, Hidden Hills, CA 91302
(IN-PERSON AND VIDEO CONFERENCE)

TELECONFERENCE LOCATION
Monday, December 9, 2024
5:30 PM
AGENDA

3. CITY COUNCIL COMMENTS

4. STAFF COMMENTS

5. PRESENTATIONS

5.A Michael Grant, Public Safety and Emergency Services Manager

5.B Los Angeles County Sheriff’s Department Report - October By: Deputy Rick Baldi, Lost Hills Station
5B - 12-9-24.pdf

5.C Los Angeles County Fire Department Report - October By: Assistant Fire Chief Drew Smith
5C - 12-9-24.pdf

6. CONSENT CALENDAR

6.A Approval of the Register of Demands for December 9, 2024 It is recommended that the City Council review and approve the Register of Demands for December 9, 2024.
6A - 12-9-24.pdf

6.B Approval of the Disbursement List for October 2024
It is recommended that the City Council receive and file the Disbursement List for October 2024.
6B - 12-9-24.pdf

6.C Receive and File the Financial/Treasurer’s Report for October 2024 It is recommended that the City Council receive and file the Financial/Treasurer's Report for October 2024.
6C - 12-9-24.pdf

6.D Receive and File the Investment Statement for October 2024 It is recommended that the City Council receive and file the Investment Statement for October 2024.
6D - 12-9-24.pdf

6.E Adoption of Ordinance No. 392 entitled: AN ORDINANCE OF THE CITY COUNCIL

OF THE CITY OF HIDDEN HILLS AMENDING ARTICLE P, ENTITLED “ACCESSORY DWELLING UNITS,” OF TITLE 5 (LAND USE AND
DEVELOPMENT) OF THE CITY’S MUNICIPAL CODE TO COMPLY WITH RECENT

CHANGES IN STATE LAW, AND FINDING THE ACTION TO BE STATUTORILY EXEMPT FROM CEQA UNDER SECTION 21080.17 OF THE PUBLIC RESOURCES CODE
It Is recommended that the City Council adopt Ordinance No. 392. 6E - 12-9-24.pdf

6.F Hidden Hills Community Association Board of Directors Meeting Minutes for October 15, 2024
It is recommended the City Council receive and review the Hidden Hills Community Association Board of Directors Meeting Minutes dated October 15, 2024 6F - 12-9-24.pdf

6.G Receive and File the City Engineering and Community Development Report It is recommended that the City Council receive and file the City Engineering and Community Development Report.
6G - 12-9-24.pdf

6.H Receive and File the Las Virgenes Malibu Council of Governments (LVMCOG) Report for November 19, 2024
It is recommended that the City Council receive and file the attached LVMCOG Report for November 19, 2024.
6H - 12-9-24.pdf

6.I Adopt Resolution No. 1037 Rescinding Resolution No. 846 Which Approved and Adopted a Fund Balance Policy
It is recommended that the City Council adopt Resolution No. 1037 rescinding Resolution No. 846 which approved and adopted a fund balance policy. 6I - 12-9-24.pdf

7. PUBLIC COMMENT
Members of the audience are invited to address the City Council at this time on items that are not on the printed agenda. Public comments are limited to three minutes per speaker. This time allotment may be reduced due to time constraints at the discretion of the City Council. Per California Government Code Section 54954.2, the City Council is prohibited from discussing or taking immediate action on any item not on the agenda unless it can be demonstrated that the item is of an emergency nature, or the need to take action arose subsequent to the posting of the agenda.

8. PUBLIC HEARING

8.A Introduction and First Reading of an Ordinance Restricting Enumerated Activities when Red Flag Warnings are Issued

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF HIDDEN HILLS ADDING A NEW SECTION 4-3-6 TO TITLE 4, CHAPTER 3 OF THE CITY OF

HIDDEN HILLS MUNICIPAL CODE RESTRICTING ENUMERATED ACTIVITIES

WHEN RED FLAG WARNINGS ARE ISSUED, AND FINDING THE ACTION TO BE

STATUTORILY EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA) UNDER SECTION 21080.17 OF THE PUBLIC RESOURCES CODE 8 - 12-9-24.pdf

9. CERTIFICATION OF 11/5/24 GENERAL MUNICIPAL ELECTION RESULTS &NDASH;

PROPOSED RESOLUTION

9.A A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HIDDEN HILLS,

CALIFORNIA, RECITING THE FACT OF THE GENERAL MUNICIPAL ELECTION HELD ON NOVEMBER 5, 2024 DECLARING THE RESULT AND SUCH OTHER

MATTERS AS PROVIDED BY LAW
9 - 12-9-24.pdf

10. ADMINISTRATION OF OATH OF OFFICE AND PRESENTATION OF CERTIFICATES

OF ELECTION TO CITY COUNCIL MEMBERS ELECT
A. Eniko Gold (Incumbent)
B. Adam Wasserman (Incumbent)
C. Remarks by City Council Members Elect

11. REORGANIZATION OF CITY COUNCIL
A. Presentations to Outgoing Mayor
B. Remarks by Outgoing Mayor
C. Remarks by Other Council Members
D. Selection of Mayor
E. Selection of Mayor Pro Tem
F. Remarks by Incoming Mayor and Mayor Pro Tem

12. ADJOURNMENT
Materials related to an item on this agenda submitted to the Council after distribution of the agenda packet are available for public inspection at City Hall located at 6165 Spring Valley Road, Hidden Hills, and on the City’s website at www.hiddenhillscity.org.

This agenda was posted on Friday, December 6, 2024.
___________________________________
Deana L. Gonzalez, CMC, City Clerk
Eniko Gold, Mayor
Larry G. Weber, Mayor Pro Tem
Joe Loggia, Council Member
Laura McCorkindale, Council Member
Adam Wasserman, Council Member
TO: Honorable Mayor and City Council
FROM: Gloria Molleda., Interim City Manager
BY: Deana L. Gonzalez, CMC, City Clerk
DATE: December 9, 2024
SUBJECT: RECEIVE AND FILE THE LOS ANGELES COUNTY SHERIFF'S DEPARTMENT REPORT – OCTOBER 2024

BACKGROUND
The City of Hidden Hills contracts with the Los Angeles County Sheriff's Department for law enforcement services, including general law, traffic, parking enforcement, and administration. The Malibu / Lost Hills Sheriff's Station has provided law enforcement services to the City of Hidden Hills since 1984. Within the Lost Hills Station, the Sheriff's Department has specialized units to address specific issues in the communities it serves, including the Juvenile Intervention Team, Malibu Search and Rescue, and Volunteers on Patrol (VOP) (which assists deputies with parking enforcement, traffic control, and disaster response). They also assist residents with vacation checks and home assessments to help prevent break-ins.

DISCUSSION
The City receives monthly activity reports from the Malibu/Lost Hills Sheriff's Station, summarizing crime and arrest statistics, traffic incidents and citations, a Juvenile Intervention Unit (JIT), and noteworthy incidents. The crime and traffic reports include monthly summaries, as well as trend comparisons to the same month in the previous year and comparative year-to-date statistics.

FISCAL IMPACT
There is no fiscal impact to receiving and filing this report.

RECOMMENDATION
It is recommended that the City Council receive and file the attached Los Angeles County Sheriff's Department Report for October, 2024. If the City Council concurs, an appropriate motion would be:
"I move to receive and file the Los Angeles County Sheriff's Department Report for October, 2024."

ATTACHMENTS:

1. Los Angeles County Sheriff's Department Report for October, 2024.

Running Stop Sign
Cell Phone Violation
Crossing Double Yellow Lines
Cell Phone Violation

Eniko Gold, Mayor
Larry G. Weber, Mayor Pro Tem
Joe Loggia, Council Member
Laura McCorkindale, Council Member
Adam Wasserman, Council Member
TO: Honorable Mayor and City Council
FROM: Gloria Molleda, Interim City Manager
BY: Deana L. Gonzalez, CMC, City Clerk
DATE: December 9, 2024
SUBJECT: RECEIVE AND FILE THE LOS ANGELES COUNTY FIRE DEPARTMENT REPORT – OCTOBER, 2024

BACKGROUND
Fire services within the City of Hidden Hills and the unincorporated Los Angeles County areas around Hidden Hills are provided by the County of Los Angeles Fire Department through two local fire stations, Station 68 (Calabasas Road) and Station 125 (Las Virgenes Road).

DISCUSSION
The Los Angeles County Fire Department provides the City with monthly activity reports, including numbers of various services provided by Fire Department personnel, including fire response, medical assistance, hazardous material (HazMat) or hazardous condition response, brush clearance inspections, and more, as well as full information summaries of all fire incidents during the month.

FISCAL IMPACT
There is no fiscal impact to receiving and filing this report.

RECOMMENDATION
It is recommended that the City Council receive and file the attached Los Angeles County Fire Department Report for October, 2024. If the City Council concurs, an appropriate motion would be:

ATTACHMENTS:

1. Los Angeles County Fire Department Report for October, 2024. .

FIRE ACTIVITY REPORT
City of Hidden Hills | October 2024
NOTEWORTHY INCIDENTS:

DATE TYPE ADDRESS NOTES LOSS
TOTAL: Property: $0.00
Contents: $0.00
• 0 Snake related calls in October
0 6
0 0
1 3
0 1
2 3
4 5
6 7
Total Responses: 10
Fires Medical HazMat Hazardous Condition Service Good Intent

Eniko Gold, Mayor
Larry G. Weber, Mayor Pro Tem
Joe Loggia, Council Member
Laura McCorkindale, Council Member
Adam Wasserman, Council Member

TO: Honorable Mayor and City Council
FROM: Gloria Molleda., Interim City Manager
BY: Theresa Hernandez, Accountant
DATE: December 9, 2024
SUBJECT: RECEIVE AND FILE THE FINANCIAL/TREASURER’S REPORT FOR OCTOBER 2024

BACKGROUND
Each month, staff submits to the City Council through the City Manager a monthly statement of receipts, disbursements, and balances to show the City’s financial condition. The purpose of these reports is to promote transparency and to provide the City Council with updated financial information.

DISCUSSION
Attached is the Monthly Financial Report providing a summary of the City’s finances which also includes prior year-to-date comparison and budget monitoring reports. These financial reports are unaudited; they are not the official statements of the City, but rather a review of the progress to date each month.

FISCAL IMPACT
There is no fiscal impact to receive and file this report.

RECOMMENDATION
Staff recommends that the City Council receive and file the attached Financial/Treasurer’s Report for the month of October 2024. If the City Council concurs, an appropriate motion would be:
“I move to receive and file the Financial/Treasurer’s Report for October 2024.”

ATTACHMENTS

1. Monthly Financial Report – October 2024

CITY OF HIDDEN HILLS
Monthly Financial Report
(Preliminary/Unaudited)
October 2024

CONTENTS PAGE
General Fund - Balance Sheet 1
General Fund – Comparative Summary of Revenues & Expenditures 2 General Fund – Actual Year-To-Date Vs. Budget (Graph) 3 General Fund – Comparative Statement of Revenues & Expenditures 4-6 All Funds - Fund Balance Summary 7
Treasurer’s Report 8

CITY OF HIDDEN HILLS
Balance Sheet - General Fund
October 31, 2024
As of July 1, 2024
ASSETS Beginning of Year
Charles Schwab 11,877,979.78 11,788,811.58 89,168.20
Schwab Market Adjustment (201,279.57) (349,338.83) 148,059.26 Cash - General Fund (447,974.97) (66,241.20) (381,733.77) Local Agency Investment Fund 3,162,175.24 3,187,972.89 (25,797.65) LAIF - Fair Market Value (11,744.36) (11,744.36) 0.00
Petty Cash 250.00 250.00 0.00
Accounts Receivable 69,804.66 51,602.45 18,202.21
Interest Receivable 95,251.97 131,221.78 (35,969.81)
Taxes Receivable 0.00 58,326.28 (58,326.28)
Prepaid Expenses & Deposits 0.00 88,139.91 (88,139.91)
Deposit in Transit 234.79 0.00 234.79
TOTAL ASSETS 14,544,697.54 14,879,000.50 (334,302.96)

LIABILITIES
Accounts Payable 37,665.52 118,996.62 (81,331.10)
Accrued Expenses 0.00 264,225.36 (264,225.36)
Payroll Related Liabilities 0.00 0.00 0.00
B & S Bonds Received 821,434.02 821,434.02 0.00
C & D Recycling 509,363.19 411,013.19 98,350.00
B & S - Other Deposits 55,430.36 55,430.36 0.00
Deferred Revenues 40,803.67 40,803.67 0.00
TOTAL LIABILITIES 1,464,696.76 1,711,903.22 (247,206.46)

FUND BALANCES
Reserve for Prepaid 0.00 88,139.91 (88,139.91)
Stabilization Reserve (Contingency) 3,848,009.40 3,848,009.40 0.00 Capital Improvement Projects 2,000,000.00 2,000,000.00 0.00 Building Replacement/Upgrade 0.00 0.00 0.00
Utilitiy Undergrounding Reserve 0.00 0.00 0.00
Unrestricted Fund Balance 7,319,087.88 7,230,947.97 88,139.91 Beginning Fund Balance 13,167,097.28 13,167,097.28 0.00 Revenues Over (Under) Expenditures (87,096.50) 0.00 (87,096.50) TOTAL FUND BALANCES 13,080,000.78 13,167,097.28 (87,096.50) TOTAL LIABILITIES & FUND BALANCES 14,544,697.54 14,879,000.50 (334,302.96) As of Oct 31, 2024 $ Change
1 CITY OF HIDDEN HILLS
Comparative Summary of Revenues and Expenditures - General Fund For the One Month and 4 Months Ended October 31, 2024
Budget Period Actual
(Oct 2024)
Current Year to
Date Actual
% of
Budget
Prior
Year to Date
Actual
% Change
from Prior

REVENUES
Property Taxes 1,674,766 - 40,782.53 2.4% - 100.0%
Other Local Taxes 164,000 15,488.86 39,563.61 24.1% 26,528.21 49.1% Other Taxing Entities 425,534 - - 0.0% - 0.0%
Interest Income 432,131 57,975.35 156,501.74 36.2% 159,893.55 -2.1% Building & Safety 1,087,200 143,895.42 622,492.46 57.3% 505,699.98 23.1% Fiesta Revenue 57,000 - 54,288.00 95.2% 52,549.86 3.3%
Other Revenue 380,540 876.67 249,912.59 65.7% 106,711.63 134.2% TOTAL REVENUES 4,221,171 218,236.30 1,163,540.93 27.6% 851,383.23 36.7%

EXPENDITURES
Salaries & Benefits 748,152 51,060.56 248,512.26 33.2% 207,364.03 19.8% Administration 866,485 52,547.05 201,252.94 23.2% 215,225.14 -6.5% Community Services 340,000 17,321.07 223,064.29 65.6% 203,180.51 9.8% Public Safety 845,961 141,717.55 247,993.74 29.3% 193,654.83 28.1% Building & Safety 994,432 135,278.84 252,154.23 25.4% 166,566.16 51.4% Maintenance 52,979 5,857.79 14,111.28 26.6% 22,068.75 -36.1% Capital Improvements 0 - 5,098.00 100.0% - 100.0%
TOTAL EXPENDITURES 3,848,009 403,782.86 1,192,186.74 31.0% 1,008,059.42 18.3%

TRANSFERS
Transfers In 386,705 18,047.45 38,782.25 10.0% 47,937.88 -19.1% Transfers Out 1,244,948 86,133.28 97,232.94 7.8% 253,485.75 -61.6% TOTAL NET TRANSFERS (858,243) (68,085.83) (58,450.69) 6.8% (205,547.87) -71.6%

REVENUES OVER/ (UNDER)
EXPENDITURES & TRANSFERS (485,081) (253,632.39) (87,096.50) 18.0% (362,224.06) 76.0% 2 2.4%

24.1%

0.0%

36.2%

57.3%

95.2%

65.7%
Property Taxes
Other Local Taxes
Other Taxing Entities
Interest Income
Building & Safety
Fiesta Revenue
Other Revenue
Revenues
Actual YTD vs. Budget
% of Budget Current Year to Date Actual Budget

33.2%

23.2%

65.6%

29.3%

25.4%

26.6%
100.0%
Salaries & Benefits
Administration
Community Services
Public Safety
Building & Safety
Maintenance
Capital Improvements
Expenditures
Actual YTD vs. Budget
% of Budget Current Year to Date Actual Budget
3 CITY OF HIDDEN HILLS
Comparative Statement of Revenues and Expenditures - General Fund For the One Month and 4 Months Ended October 31, 2024
Adjusted
Budget
Period Actual
(Oct 2024)
Current
Year to Date
Actual
% of
Budget
Prior
Year to Date
Actual
% Change
from Prior

REVENUES
Property Taxes
4100-10 Property Taxes 1,674,766 0.00 40,782.53 2.4% 0.00 100.0% Total Property Taxes 1,674,766 0.00 40,782.53 2.4% 0.00 100.0% Other Local Taxes
4210-10 Real Property Transfer Tax 147,000 15,097.50 38,772.25 26.4% 22,825.00 69.9% 4220-10 Sales & Use Tax 17,000 391.36 791.36 4.7% 3,703.21 -78.6% Total Other Local Taxes 164,000 15,488.86 39,563.61 24.1% 26,528.21 49.1% Other Taxing Entities
4120-10 Property Tax in Lieu of VLF 423,534 0.00 0.00 0.0% 0.00 0.0% 4245-10 Motor Vehicle In Lieu 2,000 0.00 0.00 0.0% 0.00 0.0% Total Other Taxing Entities 425,534 0.00 0.00 0.0% 0.00 0.0% Interest Income
4400-10 Interest - LAIF & Banks 132,131 38,232.54 38,232.54 28.9% 30,577.45 25.0% 4401-10 Interest - Charles Schwab 300,000 19,742.81 118,269.20 39.4% 129,316.10 -8.5% Total Interest Income 432,131 57,975.35 156,501.74 36.2% 159,893.55 -2.1% Building & Safety
4613-10 Building & Safety Permits 960,000 140,915.63 612,650.40 63.8% 489,905.15 25.1% 4614-10 Planning Fees 94,200 969.00 3,327.00 3.5% 4,468.00 -25.5% 4615-10 Engineering Fees 6,000 0.00 0.00 0.0% 4,801.06 -100.0% 4616-10 Environmental Fees 27,000 2,010.79 6,515.06 24.1% 6,525.77 -0.2% Total Building & Safety 1,087,200 143,895.42 622,492.46 57.3% 505,699.98 23.1% Fiesta
4830-10 Fiesta Revenue 57,000 0.00 54,288.00 95.2% 52,549.86 3.3% Total Fiesta 57,000 0.00 54,288.00 95.2% 52,549.86 3.3% Other Revenue
4105-10 PSAF Revenue 28,000 2,165.98 4,321.15 15.4% 4,425.70 -2.4% 4215-10 Schwab Market Revenue 0 (74,306.37) 148,059.26 100.0% 34,550.87 328.5% 4230-10 Fund Exchange 93,750 0.00 0.00 0.0% 0.00 0.0%
4605-10 Franchise Fees - AT&T 2,800 0.00 0.00 0.0% 660.78 -100.0% 4610-10 Franchise Fees - Edison 72,500 0.00 0.00 0.0% 0.00 0.0% 4620-10 Franchise Fees - Gas 25,000 0.00 0.00 0.0% 0.00 0.0% 4621-10 Franchise Fees - Waste Hauler 60,000 18,431.68 18,431.68 30.7% 19,436.21 -5.2% 4622-10 Franchise Fees - Cable 11,760 0.00 0.00 0.0% 0.00 0.0% 4623-10 Waste Management Fee 8,000 2,028.00 2,028.00 25.4% 2,003.00 1.3% 4625-10 Alarm Registration 8,100 0.00 0.00 0.0% 150.00 -100.0% 4850-10 Miscellaneous Income 25,200 6,168.30 30,683.42 121.8% 45,485.07 -32.5% 6560-10 Grant Revenue 45,430 46,389.08 46,389.08 102.1% 0.00 100.0% Total Other Revenue 380,540 876.67 249,912.59 65.7% 106,711.63 134.2% TOTAL REVENUES 4,221,171 218,236.30 1,163,540.93 27.6% 851,383.23 36.7% 4 CITY OF HIDDEN HILLS
Comparative Statement of Revenues and Expenditures - General Fund For the One Month and 4 Months Ended October 31, 2024
Adjusted
Budget
Period Actual
(Oct 2024)
Current
Year to Date
Actual
% of
Budget
Prior
Year to Date
Actual
% Change
from Prior

EXPENDITURES
Salaries & Benefits
5100-10 City Manager Salary 258,000 16,538.46 77,212.91 29.9% 73,754.28 4.7% 5101-10 Staff Salary 299,696 21,990.94 108,947.95 36.4% 85,529.50 27.4% 5105-10 Car Allowance - City Manager 6,000 300.00 1,176.90 19.6% 0.00 100.0% 5115-10 Cell Phone Allowance 1,200 100.00 300.00 25.0% 311.58 -3.7% 5150-10 Payroll Taxes 17,568 1,186.74 6,123.83 34.9% 4,632.35 32.2% 5160-10 Workers Comp 7,366 1,627.25 3,648.27 49.5% 1,937.03 88.3% 5170-10 CalPERS Retirement 73,619 3,709.44 18,930.89 25.7% 22,118.46 -14.4% 5175-10 CalPERS Unfunded Liability 8,913 0.00 8,625.00 96.8% 0.00 100.0% 5180-10 Group Health Insurance 69,790 5,211.32 21,960.86 31.5% 17,563.80 25.0% 5190-10 Dental & Vision Insurance 6,000 396.41 1,585.65 26.4% 1,517.03 4.5% Total Salaries & Benefits 748,152 51,060.56 248,512.26 33.2% 207,364.03 19.8% Administration
5200-10 Legal Services 258,000 10,832.00 38,586.00 15.0% 30,856.77 25.1% 5205-10 City Auditor 26,000 0.00 850.00 3.3% 5,537.50 -84.7% 5206-10 Financial Services 55,000 1,250.00 2,437.50 4.4% 0.00 100.0% 5210-10 Dues - LVMCOG 25,000 0.00 25,000.00 100.0% 25,000.00 0.0% 5215-10 Dues & Subscriptions 10,000 1,085.00 6,272.49 62.7% 16,138.01 -61.1% 5220-10 Liability Insurance 19,963 0.00 20,006.00 100.2% 24,331.00 -17.8% 5225-10 Blanket Fidelity Bond 958 0.00 897.00 93.6% 912.00 -1.6% 5230-10 Property Insurance 7,708 0.00 7,708.00 100.0% 7,221.00 6.7% 5250-10 Election & Legislation 92,000 7,646.80 15,060.65 16.4% 15,000.00 0.4% 5255-10 Miscellaneous Expense 45,000 0.00 200.00 0.4% 0.00 100.0% 5260-10 Public Information 95,325 4,292.44 10,074.74 10.6% 7,061.96 42.7% 5270-10 Office Expense 40,000 3,329.83 11,713.19 29.3% 14,605.99 -19.8% 5275-10 Data Processing/IT Support 58,797 4,437.37 18,511.23 31.5% 28,212.13 -34.4% 5280-10 Telephone 7,360 619.44 2,445.75 33.2% 1,201.06 103.6% 5285-10 Utilities 43,000 4,335.86 10,009.90 23.3% 8,673.54 15.4% 5290-10 Travel & Meetings 26,375 0.00 2,379.49 9.0% 3,328.75 -28.5% 5295-10 Investment Management 56,000 14,718.31 29,101.00 52.0% 27,145.43 7.2% Total Administration 866,485 52,547.05 201,252.94 23.2% 215,225.14 -6.5% Community Services
5240-10 Community Assistance 10,000 0.00 0.00 0.0% 0.00 0.0% 5500-10 Fiesta 220,000 16,615.07 222,358.29 101.1% 203,180.51 9.4% 5501-10 Other Events 10,000 250.00 250.00 2.5% 0.00 100.0% 5510-10 Library 100,000 456.00 456.00 0.5% 0.00 100.0%
Total Community Services 340,000 17,321.07 223,064.29 65.6% 203,180.51 9.8% 5 CITY OF HIDDEN HILLS
Comparative Statement of Revenues and Expenditures - General Fund For the One Month and 4 Months Ended October 31, 2024
Adjusted
Budget
Period Actual
(Oct 2024)
Current
Year to Date
Actual
% of
Budget
Prior
Year to Date
Actual
% Change
from Prior
Public Safety
5600-10 Police Protection/STAR 557,838 43,122.52 86,245.04 15.5% 124,597.98 -30.8% 5610-10 Supplemental P.S. Support 171,754 6,233.81 61,544.05 35.8% 59,378.04 3.7% 5620-10 Emergency Svcs Coordinator 74,269 1,007.50 8,645.00 11.6% 3,425.00 152.4% 5625-10 Disaster Preparedness 30,100 90,861.75 90,983.75 302.3% 6,323.97 1338.7% 5640-10 Animal Control 12,000 491.97 575.90 4.8% (70.16) 920.8% Total Public Safety 845,961 141,717.55 247,993.74 29.3% 193,654.83 28.1% Building & Safety
5700-10 Engineering 228,000 22,746.50 47,632.00 20.9% 26,593.00 79.1% 5710-10 Building and Safety 492,000 63,068.65 131,097.95 26.6% 85,685.25 53.0% 5720-10 Planning 100,100 22,303.46 28,690.66 28.7% 17,053.20 68.2% 5730-10 NPDES/Environmental 174,332 27,160.23 44,733.62 25.7% 37,234.71 20.1% Total Building & Safety 994,432 135,278.84 252,154.23 25.4% 166,566.16 51.4% Maintenance
5800-10 Janitorial 19,360 1,480.00 4,440.00 22.9% 4,440.00 0.0% 5805-10 Street Cleaning 3,432 239.38 963.20 28.1% 984.24 -2.1% 5810-10 Garden Service 4,187 3,209.72 4,006.52 95.7% 12,838.88 -68.8% 5820-10 Repairs & Maintenance 26,000 928.69 4,701.56 18.1% 3,805.63 23.5% Total Maintenance 52,979 5,857.79 14,111.28 26.6% 22,068.75 -36.1% Capital Improvements
5901-10 City Hall Improvements 0 0.00 5,098.00 100.0% 0.00 100.0% Total Capital Improvements 0 0.00 5,098.00 100.0% 0.00 100.0% TOTAL EXPENDITURES 3,848,009 403,782.86 1,192,186.74 31.0% 1,008,059.42 18.3%

TRANSFERS
Transfers In
4901-10 Transfer from COPS Fund 146,309 11,813.64 23,627.28 16.1% 34,184.40 -30.9% 4905-10 Transfer from Gas Tax 101,396 6,233.81 15,154.97 14.9% 13,753.48 10.2% 4907-10 Transfer from Measure W 39,000 0.00 0.00 0.0% 0.00 0.0% 4911-10 Transfer from Library 100,000 0.00 0.00 0.0% 0.00 0.0% Total Transfers In 386,705 18,047.45 38,782.25 10.0% 47,937.88 -19.1% Transfers Out
7610-10 Transfer to Capital Projects 1,244,948 86,133.28 97,232.94 7.8% 253,485.75 -61.6% Total Transfers Out 1,244,948 86,133.28 97,232.94 7.8% 253,485.75 -61.6% TOTAL NET TRANSFERS (858,243) (68,085.83) (58,450.69) 6.8% (205,547.87) -71.6%

REVENUES OVER/ (UNDER)
EXPENDITURES & TRANSFERS (485,081) (253,632.39) (87,096.50) 18.0% (362,224.06) 76.0% 6 CITY OF HIDDEN HILLS
Fund Balance Summary
For the Period Ending October 31, 2024
Beginning Fund
Balance as of
07/1/2024
Year to Date
Revenues
Year to Date
Expenditures Transfers In/(Out)
Ending
Fund Balance
as of 10/31/2024
10 General Fund 13,167,097.28 1,163,540.93 1,192,186.74 (58,450.69) 13,080,000.78 12 Library Fund 552,449.78 15,417.66 0.00 0.00 567,867.44 20 Traffic Safety Fund 15,788.80 1,829.24 2,750.00 0.00 14,868.04

40.1 Gas Tax Fund - HUTA 396,122.14 15,514.40 2,964.88 (15,154.97) 393,516.69

40.2 Gas Tax Fund - SB1 196,225.18 7,849.02 0.00 0.00 204,074.20 50 Prop A Fund 122,513.08 15,178.10 0.00 0.00 137,691.18 55 Prop C Fund 298,963.32 12,589.82 2,668.77 0.00 308,884.37 60 AQMD Fund 13,418.17 5,000.00 0.00 0.00 18,418.17
65 Measure R Fund (877,305.24) 9,441.46 521,732.98 0.00 (1,389,596.76) 67 Measure M Fund 185,594.41 10,694.03 0.00 0.00 196,288.44 68 Measure W Fund 112,476.29 0.00 0.00 0.00 112,476.29
70 Recycling Fund 125,949.71 0.00 0.00 0.00 125,949.71
80 COPS Fund 101,963.57 110,483.71 0.00 (23,627.28) 188,820.00 14,411,256.49 1,367,538.37 1,722,303.37 (97,232.94) 13,959,258.55 Beginning Fund
Balance as of
07/1/2024
Year to Date
Revenues
Year to Date
Expenditures Transfers In/(Out)
Ending
Fund Balance
as of 10/31/2024
15 Capital Projects Fund 0.00 - 97,232.94 97,232.94 0.00 TOTAL 14,411,256.49 1,367,538.37 1,819,536.31 0.00 13,959,258.55 7 CITY OF HIDDEN HILLS
Treasurer's Report
October 31, 2024
Fund Bank
General Fund Local Agency Investment Fund 3,162,175.24
General Fund Charles Schwab 11,877,979.78
Gas Tax Fund Chase Acct 5939 127,719.89
Traffic Safety Fund Chase Acct 5947 17,618.04
General Fund Chase Acct 5921 (447,974.97) *
Library Fund Chase Acct 5921 567,867.44 *
Traffic Safety Fund Chase Acct 5921 (2,750.00) *
Gas Tax - HUTA Chase Acct 5921 265,796.80 *
Gas Tax - SB1/RMRA Chase Acct 5921 204,074.20 *
Prop A Chase Acct 5921 137,691.18 *
Prop C Chase Acct 5921 308,884.37 *
AQMD Chase Acct 5921 18,418.17 *
Measure R Chase Acct 5921 (1,325,350.43) *
Measure M Local Chase Acct 5921 196,288.40 *
Measure W Chase Acct 5921 112,476.29 *
Recycling Fund Chase Acct 5921 125,949.71 *
COPS Fund Chase Acct 5921 188,820.00 *
TOTAL $15,535,684.11
Amount
350,191.16
*Chase Acct 5921 is being presented as shared cash account between General Fund and all Special Revenue & Restricted Funds
Due to/Due from accounts' balances has been zeroed out. 8 Eniko Gold, Mayor
Larry G. Weber, Mayor Pro Tem
Joe Loggia, Council Member
Laura McCorkindale, Council Member
Adam Wasserman, Council Member

TO: Honorable Mayor and City Council
FROM: Gloria Molleda, Interim City Manager
BY: Theresa Hernandez, Accountant
DATE: December 9, 2024
SUBJECT: RECEIVE AND FILE THE INVESTMENTS REPORT FOR OCTOBER 2024

BACKGROUND
In June 2017, the City adopted a Statement of Investments Policy in order to protect, preserve, and maintain the City's assets. Each month, an investment report is submitted for review by the City Council in compliance with the City's Investment Policy.

DISCUSSION
Attached is the Investments Report, providing a summary and details of the City's investments with Charles Schwab for the covered period.

FISCAL IMPACT
There is no fiscal impact to receive and file these reports.

RECOMMENDATION
Staff recommends that the City Council receive and file the attached Investments report for the month of October 2024. If the City Council concurs, an appropriate motion would be:
“I move to receive and file the Investments Report for October 2024.”

ATTACHMENTS

1. Investments Statement – October 2024
1 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Account Number
6201-0150
Schwab One® Account of
CIT
Y
OF HID
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HILLS
M
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H
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E
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V
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E
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T
S
A
T
T
N
K
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R
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K
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6165 S
P
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A 91302-1246
10/31-00000-AC1183011-151152
This Statement YTD
Beginning Value $11,745,982.08 $11,235,158.06
Deposits 0.00 0.00
Withdrawals 0.00 0.00
Dividends and Interest 19,742.81 300,908.03
Transfer of Securities 0.00 0.00
Market Appreciation/(Depreciation) (74,306.37) 198,081.95 Expenses (14,718.31) (57,447.83)
Ending Value $11,676,700.21 $11,676,700.21
Account Ending Value reflects the market value of your cash and investments. It does not include pending transactions, unpriced securities or assets held outside Schwab's custody.

Your Independent Investment Manager
and/or Advisor

BEACON POINTE ADVISORS LLC
24 CORPORATE PLAZA STE 150
NEWPORT BEACH CA 92660-7017
1 (949) 718-1600
The custodian of your brokerage account is:

Charles Schwab & Co., Inc. Member SIPC. Your
independent Investment Advisor is not affiliated
with or an agent of Schwab and Schwab does not
supervise or endorse your Advisor.

Managed Account Details
Money Manager
Belle Haven Investments, L.P.

Investment Strategy
Belle Haven Taxable Ladder PLUS
Account Summary
Ending Account Value as of 10/31 Beginning Account Value as of 10/01 $11,676,700.21 $11,745,982.08
Online Assistance
Visit us online at schwab.com
Visit schwab.com/stmt to explore the features
and benefits of this statement.

Nov'23 Dec Jan'24 Feb Mar Apr May Jun Jul Aug Sep Oct
$11.03M
$11.19M
$11.34M
$11.50M
$11.65M
$11.81M
2 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
i
Asset Allocation
This Period Current Allocation
Cash and Cash Investments 28,705.53 <1%
Fixed Income 11,647,994.68 100%
Total $11,676,700.21 100%
i
Top Account Holdings This Period
SYMBOL
CUSIP Description
Market
Value
% of
Accounts
76913CBA6 RIVERSIDE CNTY 557,613.90 5%
12953CAX3 CALEXICO CALIF 348,780.40 3%
3130ATCL9 FHLB 294,758.40 3%
86459ADN9 LAKE ELSINORE CA 263,879.00 2%
801096AV0 SANTA ANA CALIF 255,177.00 2%
.

Gain or (Loss) Summary
Short-Term (ST) Long-Term (LT)
Gain (Loss) Net Gain (Loss) Net
This
Period

0.00 0.00 0.00
b

0.00 0.00 0.00
b
YTD 868.76 0.00 868.76 1,970.27 0.00 1,970.27
Unrealized $83,503.05,
b
Values may not reflect all of your gains/losses and may be rounded up to the nearest dollar; Schwab has provided accurate gain and loss information wherever possible for most investments. Cost basis may be incomplete or unavailable for some of your holdings and may change or be adjusted in certain cases.

Please login to your account at Schwab.com for real-time gain/loss information. Statement information should not be used for tax preparation, instead refer to official tax documents. For additional information refer to Terms and Conditions.
i
Income Summary
This Period YTD
Federal Tax Status Tax-Exempt
1 Taxable Tax-Exempt1 Taxable
Bank Sweep Interest 0.00 24.17 0.00 656.55
Corporate Bond and
Other Interest

0.00 8,813.85 0.00 46,370.29
Municipal Bond
Interest
151.30 10,753.49 927.60 221,313.58
Agency Security
Interest

0.00 0.00 0.00 31,640.01
Total Income $151.30 $19,591.51 $927.60 $299,980.43
Accrued Interest
Paid 4

0.00 (2,989.68) 0.00 (29,803.71)
1 Certain income in this category may qualify for state tax exemption; consult your tax advisor 4 Certain accrued interest paid on taxable bonds may be deductible; consult your tax advisor 3 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
Positions - Summary
Beginning Value
as of 10/01 +
Transfer of
Securities(In/Out) +
Dividends
Reinvested + Cash Activity +
Change in
Market Value =
Ending Value
as of 10/31 Cost Basis
Unrealized
Gain/(Loss)
$11,745,982.08 $0.00 $0.00 $5,024.50 ($74,306.37) $11,676,700.21 $11,564,491.63 $83,503.05 b
Values may not reflect all of your gains/losses; Schwab has provided accurate gain and loss information wherever possible for most investments. Cost basis may be incomplete or unavailable for some of your holdings and may change or be adjusted in certain cases. Statement information should not be used for tax preparation, instead refer to official tax documents. For additional information refer to Terms and Conditions.

Cash and Cash Investments
Type Symbol Description Quantity Price($)
Beginning
Balance($)
Ending
Balance($)
Change in Period
Balance($)
Pending/Unsettled
Cash($)
Interest/
Yield Rate
% of
Acct
Bank Sweep Bank Sweep,
X,Z 13,924.67 28,705.53 14,780.86 0.20% <1%
Total Cash and Cash Investments $13,924.67 $28,705.53 $14,780.86 <1% Positions - Fixed Income
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($)
Yield to
Maturity
Est. Annual
Income($)
Accrued
Income($)
% of
Acct
3130ATCL9
FHLB
Moodys: Aaa S&P: AA+

4.125% 12/19/24 295,000.0000 99.91810 294,758.40 293,987.50 293,987.50
770.90 4.29% 12,168.75 4,461.88 3%
3134GXS62
FHLMC
Moodys: Aaa S&P: AA+
CALLABLE 11/25/24 AT 100.00000

5.0% 08/25/25 20,000.0000 100.02550 20,005.10 19,849.60 19,849.60
155.50 4.81% 1,000.00 183.33 <1%
3134GXUY8
FHLMC
Moodys: Aaa S&P: AA+

3.6% 06/15/26 185,000.0000 99.01230 183,172.76 184,975.76 184,975.76
(1,803.00) 3.58% 6,660.00 2,516.00 2%
3133ERNS6
FFCB
Moodys: Aaa S&P: AA+
CALLABLE 08/12/25 AT 100.00000

4.62% 08/12/27 200,000.0000 99.57410 199,148.20 200,020.00 200,020.00
(871.80) 4.62% 9,240.00 2,027.67 2%
86944BAF0 SUTTER HEALTH
Moodys: A1 S&P: A+
CALLABLE 05/15/25 AT 100.00000

1.321% 08/15/25 35,000.0000 97.00990 33,953.47 32,047.00 32,047.00
1,906.47 N/A y 462.35 97.61 <1%
442851AP6 HOWARD UNIVERSI
Moodys: NR S&P: AA

1.991% 10/01/25 250,000.0000 96.24630 240,615.75 250,003.10 250,018.47
(9,387.35)
b 1.99% 4,977.50 414.79 2%
797440BH6 SAN DIEGO GAS & ELE
Moodys: A1 S&P: A

6.0% 06/01/26 15,000.0000 102.10040 15,315.06 16,396.28 18,408.75
(1,081.22)
b 1.27% 900.00 375.00 <1%
10103DAA4 BOSTON MEDICAL
Moodys: Baa2 S&P: BBB

4.519% 07/01/26 100,000.0000 98.39820 98,398.20 104,666.81 110,659.45
(6,268.61)
b 2.12% 4,519.00 1,506.33 <1%
4 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
Positions - Fixed Income (continued)
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($)
Yield to
Maturity
Est. Annual
Income($)
Accrued
Income($)
% of
Acct
78349AAA1 RWJBARNABAS HEA
Moodys: A1 S&P: AA2.954% 07/01/26 185,000.0000 96.56280 178,641.18 176,391.00 176,391.00
2,250.18 5.13% 5,464.90 1,821.63 2%
442851AQ4 HOWARD UNIVERSI
Moodys: NR S&P: AA

2.291% 10/01/26 25,000.0000 93.10920 23,277.30 25,030.66 25,084.75
(1,753.36)
b 2.23% 572.75 47.73 <1%
442851AH4 HOWARD UNIVERSI
Moodys: NR S&P: AA

2.657% 10/01/26 10,000.0000 93.76110 9,376.11 10,086.98 10,220.60
(710.87)
b 2.21% 265.70 22.14 <1%
03040WAN5 AMERICAN WATER CAPI
Moodys: Baa1 S&P: A
CALLABLE 09/01/26 AT 100.00000

3.0% 12/01/26 15,000.0000 96.31100 14,446.65 15,356.80
15,674.90
(910.15)
b 2.02% 450.00 187.50 <1%
842434CW0 SOCAL GAS CO
Moodys: A2 S&P: A
CALLABLE 03/15/27 AT 100.00000

2.95% 04/15/27 260,000.0000 96.17240 250,048.24 258,779.41 258,779.41
(8,731.17) 3.05% 7,670.00 340.89 2%
784710AA3 SSM HEALTH CARE
Moodys: WR S&P: A+
CALLABLE 03/01/27 AT 100.00000

3.823% 06/01/27 150,000.0000 98.07600 147,114.00 145,068.05 145,068.05
2,045.95 N/A y 5,734.50 2,389.38 1%
63743HFT4 NTNL RURAL UTILI
Moodys: A2 S&P: ACALLABLE 08/16/27 AT 100.00000

4.12% 09/16/27 85,000.0000 98.78540 83,967.59 85,014.25 85,014.25
(1,046.66) 4.11% 3,502.00 437.75 <1%
20268JAK9 COMMONSPIRIT HE
Moodys: A3 S&P: ACALLABLE 08/01/27 AT 100.00000

6.073% 11/01/27 60,000.0000 103.81550 62,289.30 61,314.90 61,314.90
974.40 5.38% 3,643.80 1,821.90 <1%
17108JAA1 CHRISTUS HOPKIN
Moodys: A1 S&P: A+
CALLABLE 04/01/28 AT 100.00000

4.341% 07/01/28 100,000.0000 98.16180 98,161.80 96,278.50 96,278.50
1,883.30 5.19% 4,341.00 1,447.00 <1%
58942HAC5 MERCY HEALTH
Moodys: A2 S&P: A+
CALLABLE 01/01/28 AT 100.00000

4.302% 07/01/28 124,000.0000 99.28900 123,118.36 123,061.30 123,061.30

57.06 4.51% 5,334.48 1,778.16 1%
007589AA2 ADVOCATE HEALTH
Moodys: Aa3 S&P: AA
CALLABLE 05/15/28 AT 100.00000

3.829% 08/15/28 50,000.0000 97.22520 48,612.60 47,923.00 47,923.00
689.60 4.75% 1,914.50 404.17 <1%
91412NBH2

THE UNIVERSITY
Moodys: Aa2 S&P: NR

4.947% 04/01/29 110,000.0000 101.49160 111,640.76 110,013.08 110,020.00
1,627.68
b 4.94% 5,441.70 453.48 <1%
63743HFS6 NTNL RURAL UTILI
Moodys: A2 S&P: ACALLABLE 05/15/29 AT 100.00000

5.15% 06/15/29 125,000.0000 101.49000 126,862.50 129,856.67 129,856.67
(2,994.17) 4.24% 6,437.50 3,057.81 1%
13077DQC9 CALIFORNIA ST U
Moodys: Aa2 S&P: AA0.563% 11/01/24 95,000.0000 100.00000 95,000.00 87,796.50 87,796.50
7,203.50 N/A y 534.85 267.43 <1%
5 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
Positions - Fixed Income (continued)
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($)
Yield to
Maturity
Est. Annual
Income($)
Accrued
Income($)
% of
Acct
76913DFV4 RIVERSIDE CNTY
Moodys: NR S&P: AA0.873% 11/01/24 55,000.0000 100.00000 55,000.00 52,325.00 52,325.00
2,675.00 5.76% 480.15 240.08 <1%
79771FFM4 SAN FRAN CALIF
Moodys: NR S&P: NR

ESCROWED TO MATURITY

0.723% 11/01/24 15,000.0000 100.00000 15,000.00 14,186.90 14,186.90
813.10 5.94% 108.45 54.23 <1%
81888TAH6 SHAFTER CALIF CM
Moodys: NR S&P: AA

3.25% 11/01/24 15,000.0000 100.00000 15,000.00 14,468.30 14,468.30
531.70 6.28% 487.50 243.75 <1%
20775HPC1 CONNECTICUT ST H
Moodys: Aaa S&P: AAA

0.98% 11/15/24 15,000.0000 99.85700 14,978.55 13,824.20 13,824.20
1,154.35 4.93% 147.00 67.78 <1%
20775CS96 CONNECTICUT ST H
Moodys: Aaa S&P: AAA

3.25% 11/15/24 160,000.0000 99.94300 159,908.80 160,000.41 160,009.37
(91.61)
b 3.25% 5,200.00 2,397.78 1%
139702BR4 CAPISTRANO CALIF UN
Moodys: NR S&P: AA

3.0% 12/01/24 10,000.0000 99.84300 9,984.30 9,591.60
9,591.60
392.70 6.08% 300.00 125.00 <1%
14915TAV3 CATHEDRAL CITY
Moodys: NR S&P: A+

3.076% 12/01/24 10,000.0000 99.81900 9,981.90 9,850.10
9,850.10
131.80 6.27% 307.60 128.17 <1%
452674AJ3

IMPERIAL CALIF REDE
Moodys: NR S&P: AA

3.0% 12/01/24 15,000.0000 99.83400 14,975.10 14,508.95
14,508.95
466.15 5.78% 450.00 187.50 <1%
797055DK3 SAN BUENAVENTUR
Moodys: NR S&P: AA

0.852% 01/01/25 20,000.0000 99.40500 19,881.00 18,805.00 18,805.00
1,076.00 5.91% 170.40 56.80 <1%
430034AZ1 HIGHLAND CALIF REDE
Moodys: NR S&P: AA

3.0% 02/01/25 25,000.0000 99.55000 24,887.50 24,434.10
24,434.10
453.40 N/A y 750.00 187.50 <1%
86459ADM1

LAKE ELSINORE C
Moodys: NR S&P: AA

1.175% 03/01/25 15,000.0000 98.82900 14,824.35 14,487.20 14,487.20
337.15 6.01% 176.25 29.38 <1%
358184QJ1

FRESNO CALIF JT
Moodys: A1 S&P: AA

3.48% 04/01/25 20,000.0000 99.54500 19,909.00 19,237.20 19,237.20
671.80 N/A y 696.00 58.00 <1%
365471AE1 GARDENA CALIF P
Moodys: NR S&P: AA1.702% 04/01/25 50,000.0000 98.83100 49,415.50 46,901.50 46,901.50
2,514.00 6.07% 851.00 70.92 <1%
757696AF6 REDONDO BEACH C
Moodys: NR S&P: AA

3.125% 05/01/25 10,000.0000 99.33500 9,933.50 9,645.50
9,645.50
288.00 5.65% 312.50 156.25 <1%
91412HGE7 UNIVERSITY CALI
Moodys: Aa2 S&P: AA
CALLABLE 04/15/25 AT 100.00000

0.883% 05/15/25 45,000.0000 98.10300 44,146.35 44,011.15 44,011.15
135.20 N/A y 397.35 183.22 <1%
6 of 22
Statement Period
October 1-31, 2024

3.05% 05/15/25 45,000.0000 99.21700 44,647.65 43,484.85 43,484.85
1,162.80 N/A y 1,372.50 632.88 <1%
13032UXM5 CALIFORNIA HEAL
Moodys: Aa3 S&P: AA0.952% 06/01/25 20,000.0000 97.87500 19,575.00 18,980.00 18,980.00
595.00 N/A y 190.40 79.33 <1%
13032UC22 CALIFORNIA HEAL
Moodys: Aa3 S&P: AA2.991% 06/01/25 20,000.0000 99.03400 19,806.80 19,669.20 19,669.20
137.60 5.17% 598.20 249.25 <1%
30421TAG9

FAIRFIELD CALIF
Moodys: NR S&P: AA

3.648% 06/01/25 10,000.0000 99.54900 9,954.90 9,632.50
9,632.50
322.40 5.21% 364.80 152.00 <1%
420514AG6 HAWTHORNE CALIF
Moodys: Aa3 S&P: AA

2.438% 06/01/25 15,000.0000 98.69100 14,803.65 14,105.90 14,105.90
697.75 5.92% 365.70 152.38 <1%
612285AE6 MONTEBELLO CALI
Moodys: NR S&P: AA

2.503% 06/01/25 80,000.0000 98.86300 79,090.40 77,746.02 78,962.85
1,344.38
b N/A y 2,002.40 834.33 <1%
765761BL4 RIDGECREST CALIF CT
Moodys: NR S&P: AA

5.0% 06/01/25 10,000.0000 100.05000 10,005.00 9,794.80
9,794.80
210.20 6.32% 500.00 208.33 <1%
80168ABZ9 SANTA CLARA VY
Moodys: Aa1 S&P: NR

2.782% 06/01/25 65,000.0000 98.97100 64,331.15 63,509.40 63,509.40
821.75 5.32% 1,808.30 753.46 <1%
899154AX6

TULARE CNTY CALI
Moodys: Aa2 S&P: AA3.71% 06/01/25 70,000.0000 99.47000 69,629.00 67,865.40 67,865.40
1,763.60 5.70% 2,597.00 1,082.08 <1%
933002AB3 WALNUT VY CALIF
Moodys: NR S&P: AA+

0.762% 06/01/25 15,000.0000 97.93500 14,690.25 13,847.45 13,847.45
842.80 5.55% 114.30 47.63 <1%
006797CG7 ADELANTO CALIF
Moodys: NR S&P: AA

3.875% 07/01/25 25,000.0000 99.50100 24,875.25 24,415.70 24,415.70
459.55 N/A y 968.75 322.92 <1%
03255LJB6 ANAHEIM CALIF P
Moodys: A1 S&P: AA

0.936% 07/01/25 95,000.0000 97.62900 92,747.55 94,000.28 94,011.76
(1,252.73)
b N/A y 889.20 296.40 <1%
18978DAE1 COACHELLA CALIF
Moodys: NR S&P: AA1.584% 07/01/25 20,000.0000 97.95400 19,590.80 18,761.80 18,761.80
829.00 N/A y 316.80 105.60 <1%
91412GU94 UNIVERSITY CALI
Moodys: Aa2 S&P: AA
CALLABLE 04/01/25 AT 100.00000

3.063% 07/01/25 140,000.0000 99.10400 138,745.60 138,576.08 138,576.08
169.52 N/A y 4,288.20 1,429.40 1%
170466AG1 CHOWCHILLA CALIF
Moodys: NR S&P: AA3.44% 07/15/25 10,000.0000 99.10700 9,910.70 9,758.70 9,758.70
152.00 5.89% 344.00 101.29 <1%
7 of 22
Statement Period
October 1-31, 2024

2.483% 08/01/25 355,000.0000 98.24800 348,780.40 353,680.22 353,695.91
(4,899.82)
b N/A y 8,814.65 2,203.66 3%
14575TDZ2 CARSON CALIF RE
Moodys: NR S&P: AA

1.288% 08/01/25 100,000.0000 97.52300 97,523.00 100,003.92 100,019.09
(2,480.92)
b 1.28% 1,288.00 322.00 <1%
168520QD9 CHICO CALIF UNI
Moodys: Aa3 S&P: NR

0.95% 08/01/25 10,000.0000 97.42000 9,742.00 8,943.70
8,943.70
798.30 5.02% 95.00 23.75 <1%
212204EZ0 CONTRA COSTA CA
Moodys: Aa1 S&P: AA+

5.882% 08/01/25 5,000.0000 101.03700 5,051.85 5,004.08
5,008.00

47.77 b 5.80% 294.10 73.53 <1%
345102PG6

FOOTHILL-DE ANZ
Moodys: Aaa S&P: AAA

0.906% 08/01/25 40,000.0000 97.45900 38,983.60 36,775.60 36,775.60
2,208.00 N/A y 362.40 90.60 <1%
400559AH3 GUADALUPE CALIF CMN
Moodys: NR S&P: AA

3.0% 08/01/25 65,000.0000 98.69500 64,151.75 62,383.05
62,383.05
1,768.70 N/A y 1,950.00 487.50 <1%
427078AF7 HERCULES CALIF
Moodys: NR S&P: AA

3.566% 08/01/25 30,000.0000 99.23000 29,769.00 29,108.60 29,108.60
660.40 N/A y 1,069.80 267.45 <1%
446222UR0 HUNTINGTON BEAC
Moodys: NR S&P: AA0.908% 08/01/25 95,000.0000 97.38900 92,519.55 87,642.50 87,642.50
4,877.05 N/A y 862.60 215.65 <1%
457110MH4

INGLEWOOD CALIF
Moodys: Baa1 S&P: AA

1.213% 08/01/25 10,000.0000 97.38300 9,738.30 9,180.10
9,180.10
558.20 6.07% 121.30 30.33 <1%
518021UX6

LAS VIRGENES CA
Moodys: Aa1 S&P: AA5.536% 08/01/25 5,000.0000 100.83500 5,041.75 4,978.55 4,978.55

63.20 5.95% 276.80 69.20 <1%
54148TAR7

LOMA LINDA CALIF
Moodys: NR S&P: AA

2.75% 08/01/25 10,000.0000 98.55700 9,855.70 9,434.66
9,402.10
421.04
b 6.23% 275.00 68.75 <1%
542433ND5

LONG BEACH CALI
Moodys: Aa2 S&P: AA5.914% 08/01/25 35,000.0000 100.75700 35,264.95 35,058.67 35,098.08
206.28
b N/A y 2,069.90 517.48 <1%
677765GW3 OHLONE CALIF CM
Moodys: Aa1 S&P: NR

1.975% 08/01/25 50,000.0000 98.19500 49,097.50 47,153.20 47,153.20
1,944.30 N/A y 987.50 246.88 <1%
692020T59 OXNARD CALIF SCH
Moodys: NR S&P: AA

0.99% 08/01/25 95,000.0000 97.48400 92,609.80 87,391.50 87,391.50
5,218.30 5.32% 940.50 235.13 <1%
73208PBF7 POMONA CALIF PENSIO
Moodys: NR S&P: AA4.0% 08/01/25 65,000.0000 99.49500 64,671.75 66,542.40 72,352.62
(1,870.65)
b 1.60% 2,600.00 650.00 <1%
8 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
Positions - Fixed Income (continued)
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($)
Yield to
Maturity
Est. Annual
Income($)
Accrued
Income($)
% of
Acct
762494QB1 RIALTO CALIF UNI
Moodys: Aa3 S&P: AA
CALLABLE 02/01/25 AT 100.00000

5.28% 08/01/25 55,000.0000 100.06200 55,034.10 54,981.79 54,951.08

52.31 b 5.32% 2,904.00 726.00 <1%
779631JY7 ROWLAND CALIF U
Moodys: Aa2 S&P: NR

0.946% 08/01/25 10,000.0000 97.34500 9,734.50 9,490.00
9,490.00
244.50 5.56% 94.60 23.65 <1%
786091AG3 SACRAMENTO CNTY
Moodys: A1 S&P: AA

7.25% 08/01/25 10,000.0000 101.86500 10,186.50 10,142.56 10,318.60

43.94 b 5.76% 725.00 181.25 <1%
79770GJB3 SAN FRAN CALIF
Moodys: NR S&P: AA

1.561% 08/01/25 45,000.0000 97.82600 44,021.70 41,645.05 41,645.05
2,376.65 N/A y 702.45 175.61 <1%
798063GU1 SAN JOAQUIN CAL
Moodys: Aa2 S&P: NR

0.883% 08/01/25 90,000.0000 97.41400 87,672.60 82,639.10 82,639.10
5,033.50 5.71% 794.70 198.68 <1%
798170AH9 SAN JOSE CALIF
Moodys: NR S&P: AA

3.076% 08/01/25 100,000.0000 98.89500 98,895.00 97,645.58 97,645.58
1,249.42 N/A y 3,076.00 769.00 <1%
802629BA2 SANTA ROSA CALIF
Moodys: NR S&P: AA+

2.9% 08/01/25 25,000.0000 98.91200 24,728.00 23,748.00
23,748.00
980.00 5.46% 725.00 181.25 <1%
82626SAD2 SIERRA CNTY CALI
Moodys: NR S&P: AA1.76% 08/01/25 15,000.0000 97.83000 14,674.50 14,069.00 14,069.00
605.50 5.86% 264.00 66.00 <1%
924397DE9 VERNON CALIF ELE
Moodys: A1 S&P: AA

4.65% 08/01/25 145,000.0000 100.03300 145,047.85 145,000.00 162,252.27

47.85 b 2.35% 6,742.50 1,685.63 1%
358266CC6

FRESNO CNTY CALIF P
Moodys: Baa3 S&P: AA
08/15/25 245,000.0000 96.11500 235,481.75 234,311.28
219,535.95
1,170.47
b N/A y 0.00 0.00 2%
066616AJ2 BANNING CALIF R
Moodys: NR S&P: AA

2.805% 09/01/25 20,000.0000 98.63700 19,727.40 19,177.90 19,177.90
549.50 N/A y 561.00 93.50 <1%
169548FL3 CHINO CALIF PUB
Moodys: NR S&P: AA

1.453% 09/01/25 55,000.0000 97.46500 53,605.75 52,042.80 52,042.80
1,562.95 N/A y 799.15 133.19 <1%
235839DS3 DANA POINT CALI
Moodys: NR S&P: AA

1.418% 09/01/25 200,000.0000 97.12900 194,258.00 200,004.16 200,020.00
(5,746.16)
b 1.42% 2,836.00 472.67 2%
283321AJ6 EL MONTE CALIF C
Moodys: NR S&P: AA

3.25% 09/01/25 70,000.0000 98.86000 69,202.00 67,759.70 67,759.70
1,442.30 5.98% 2,275.00 379.17 <1%
57419RK87 MARYLAND ST CMN
Moodys: Aa1 S&P: NR

3.353% 09/01/25 20,000.0000 98.99700 19,799.40 19,978.40 19,978.40
(179.00) 3.39% 670.60 111.77 <1%
9 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
Positions - Fixed Income (continued)
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($)
Yield to
Maturity
Est. Annual
Income($)
Accrued
Income($)
% of
Acct
612496AX7 MONTEREY CNTY CA
Moodys: A2 S&P: AA2.65% 09/01/25 20,000.0000 98.31200 19,662.40 19,274.00 19,274.00
388.40 3.82% 530.00 88.33 <1%
61741GAD2 MORGAN HILL CAL
Moodys: NR S&P: AA

0.961% 09/01/25 10,000.0000 96.95000 9,695.00 9,132.50
9,132.50
562.50 5.88% 96.10 16.02 <1%
76246PBV9 RIALTO CALIF RE
Moodys: NR S&P: AA

4.524% 09/01/25 15,000.0000 99.78300 14,967.45 14,750.45 14,750.45
217.00 5.15% 678.60 113.10 <1%
786087BX3 SACRAMENTO CALI
Moodys: NR S&P: AA

1.128% 09/01/25 15,000.0000 97.36100 14,604.15 13,857.50 13,857.50
746.65 4.67% 169.20 28.20 <1%
79730WBN9 SAN DIEGO CALIF
Moodys: NR S&P: AA

3.125% 09/01/25 25,000.0000 98.81500 24,703.75 23,767.00 23,767.00
936.75 5.87% 781.25 130.21 <1%
92440HAC1 VERNON CALIF RE
Moodys: NR S&P: AA

3.891% 09/01/25 50,000.0000 99.27300 49,636.50 48,934.00 48,934.00
702.50 5.72% 1,945.50 324.25 <1%
509628CU5

LAKE ELSINORE C
Moodys: NR S&P: AA

1.153% 09/02/25 35,000.0000 97.05600 33,969.60 32,757.25 32,757.25
1,212.35 5.81% 403.55 66.14 <1%
032556EZ1 ANAHEIM CALIF H
Moodys: NR S&P: AA+

1.725% 10/01/25 20,000.0000 97.53800 19,507.60 19,428.00 19,428.00

79.60 4.60% 345.00 28.75 <1%
13034AD80 CALIFORNIA INFR
Moodys: NR S&P: BBB+

3.026% 10/01/25 10,000.0000 98.09500 9,809.50 9,387.60
9,387.60
421.90 5.85% 302.60 25.22 <1%
79876CBE7 SAN MARCOS CALI
Moodys: NR S&P: AA4.016% 10/01/25 20,000.0000 99.49100 19,898.20 19,334.00 19,334.00
564.20 5.41% 803.20 66.93 <1%
861398CJ2 STOCKTON CALIF
Moodys: NR S&P: AA

2.464% 10/01/25 10,000.0000 98.06200 9,806.20 9,401.70
9,401.70
404.50 5.43% 246.40 20.53 <1%
87047SAJ9 SWEETWATER CALIF
Moodys: NR S&P: AA

ESCROWED TO MATURITY

2.89% 10/01/25 30,000.0000 98.36900 29,510.70 28,256.70 28,256.70
1,254.00 N/A y 867.00 72.25 <1%
452650JK1

IMPERIAL CALIF
Moodys: NR S&P: AA2.632% 11/01/25 15,000.0000 98.16000 14,724.00 14,076.35 14,076.35
647.65 5.83% 394.80 197.40 <1%
607802CA1 MODESTO CALIF W
Moodys: NR S&P: AA

0.985% 11/01/25 40,000.0000 96.58600 38,634.40 37,247.10 37,247.10
1,387.30 N/A y 394.00 197.00 <1%
81888TAJ2 SHAFTER CALIF C
Moodys: NR S&P: AA

3.375% 11/01/25 20,000.0000 98.54300 19,708.60 19,010.50 19,010.50
698.10 N/A y 675.00 337.50 <1%
10 of 22
Statement Period
October 1-31, 2024

TULARE CALIF SW
Moodys: NR S&P: AA

1.458% 11/15/25 20,000.0000 96.81500 19,363.00 18,487.20 18,487.20
875.80 N/A y 291.60 134.46 <1%
13067WRC8 CALIFORNIA ST DE
Moodys: Aa1 S&P: AAA

0.79% 12/01/25 20,000.0000 96.24100 19,248.20 17,992.20 17,992.20
1,256.00 5.75% 158.00 65.83 <1%
14915TAW1 CATHEDRAL CITY
Moodys: NR S&P: AA

3.303% 12/01/25 20,000.0000 98.45600 19,691.20 18,929.20 18,929.20
762.00 5.79% 660.60 275.25 <1%
85473TBF1 STANTON CALIF RE
Moodys: NR S&P: AA

3.25% 12/01/25 10,000.0000 98.55600 9,855.60 9,601.80
9,601.80
253.80 5.44% 325.00 135.42 <1%
672319CF5 OAKLAND CALIF P
Moodys: Aa1 S&P: AA+

4.676% 12/15/25 200,000.0000 99.95600 199,912.00 197,528.00 197,528.00
2,384.00 5.23% 9,352.00 3,532.98 2%
797055DL1 SAN BUENAVENTUR
Moodys: NR S&P: AA

1.169% 01/01/26 65,000.0000 96.33600 62,618.40 58,930.15 58,930.15
3,688.25 5.63% 759.85 253.28 <1%
77781RCR2 ROSEVILLE CALIF
Moodys: NR S&P: AA

1.111% 02/01/26 115,000.0000 96.01800 110,420.70 103,948.95 103,948.95
6,471.75 5.49% 1,277.65 319.41 <1%
796714DH3 SAN BERNARDINO
Moodys: A1 S&P: AA

8.253% 02/01/26 30,000.0000 102.17700 30,653.10 31,204.48 32,583.57
(551.38)
b N/A y 2,475.90 618.98 <1%
76913CBA6 RIVERSIDE CNTY
Moodys: Aa2 S&P: AA

2.863% 02/15/26 570,000.0000 97.82700 557,613.90 569,302.98 577,260.03
(11,689.08)
b N/A y 16,319.10 3,445.14 5%
86459ADN9

LAKE ELSINORE CA
Moodys: NR S&P: AA

1.55% 03/01/26 275,000.0000 95.95600 263,879.00 275,005.38 275,020.00
(11,126.38)
b 1.55% 4,262.50 710.42 2%
485428ZX7 KANSAS ST DEV F
Moodys: Aa3 S&P: AA

5.371% 05/01/26 115,000.0000 100.59900 115,688.85 115,620.98 116,067.31

67.87 b 5.08% 6,176.65 3,088.33 <1%
757696AG4 REDONDO BEACH CA
Moodys: NR S&P: AA

3.25% 05/01/26 40,000.0000 98.27300 39,309.20 39,050.22 39,498.60
258.98
b N/A y 1,300.00 650.00 <1%
683042AK1 ONTARIO CALIF I
Moodys: NR S&P: AA

2.998% 05/15/26 40,000.0000 97.97800 39,191.20 37,753.90 37,753.90
1,437.30 N/A y 1,199.20 552.96 <1%
91412HDN0 UNIVERSITY CALI
Moodys: Aa3 S&P: AA3.806% 05/15/26 10,000.0000 99.00700 9,900.70 9,592.00 9,592.00
308.70 5.43% 380.60 175.50 <1%
05822KAG5 BALDWIN PK CALI
Moodys: NR S&P: AA3.351% 06/01/26 40,000.0000 97.89100 39,156.40 38,081.15 38,081.15
1,075.25 N/A y 1,340.40 558.50 <1%
11 of 22
Statement Period
October 1-31, 2024

2.83% 06/01/26 20,000.0000 97.53600 19,507.20 19,589.75 19,980.60
(82.55)
b N/A y 566.00 235.83 <1%
691875DD7 OXNARD CALIF FI
Moodys: NR S&P: AA

2.618% 06/01/26 10,000.0000 97.23100 9,723.10 9,486.30
9,486.30
236.80 5.44% 261.80 109.08 <1%
765761BM2 RIDGECREST CALIF CT
Moodys: NR S&P: AA

5.0% 06/01/26 10,000.0000 100.19600 10,019.60 10,032.31 10,047.70
(12.71)
b 4.83% 500.00 208.33 <1%
769036BF0 RIVERSIDE CALIF PEN
Moodys: NR S&P: AA

3.0% 06/01/26 15,000.0000 97.80800 14,671.20 14,355.65
14,355.65
315.55 5.33% 450.00 187.50 <1%
80168FMF0 SANTA CLARA VY
Moodys: Aa1 S&P: NR
CALLABLE 12/01/25 AT 100.00000

3.259% 06/01/26 15,000.0000 98.12500 14,718.75 14,149.10 14,149.10
569.65 5.45% 488.85 203.69 <1%
006797CH5 ADELANTO CALIF PUB
Moodys: NR S&P: AA

4.0% 07/01/26 20,000.0000 99.05500 19,811.00 19,241.20
19,241.20
569.80 5.48% 800.00 266.67 <1%
03255LJC4 ANAHEIM CALIF P
Moodys: A1 S&P: AA

1.186% 07/01/26 10,000.0000 94.67000 9,467.00 8,812.00
8,812.00
655.00 5.75% 118.60 39.53 <1%
03255LKA6 ANAHEIM CALIF P
Moodys: A1 S&P: AA

1.893% 07/01/26 110,000.0000 95.48300 105,031.30 107,619.68 107,619.68
(2,588.38) N/A y 2,082.30 694.10 <1%
036717MP8 ANTELOPE VALLEY
Moodys: Aa3 S&P: NR

2.546% 08/01/26 15,000.0000 96.84700 14,527.05 14,259.95 14,259.95
267.10 5.03% 381.90 95.48 <1%
12953CAY1 CALEXICO CALIF
Moodys: NR S&P: AA

2.651% 08/01/26 50,000.0000 96.37000 48,185.00 46,605.45 46,605.45
1,579.55 N/A y 1,325.50 331.38 <1%
14916YDB2 CATHEDRAL CITY
Moodys: NR S&P: AA

1.845% 08/01/26 15,000.0000 95.27600 14,291.40 13,457.90 13,457.90
833.50 5.50% 276.75 69.19 <1%
15722TJR3 CHABOT-LAS POSIT
Moodys: Aa2 S&P: AA

1.08% 08/01/26 55,000.0000 94.56700 52,011.85 48,462.35 48,462.35
3,549.50 5.68% 594.00 148.50 <1%
189342L89 CLOVIS CALIF UN
Moodys: NR S&P: AA

1.365% 08/01/26 20,000.0000 95.18700 19,037.40 19,109.60 19,109.60
(72.20) 2.43% 273.00 68.25 <1%
245278EB8 DEL NORTE CNTY C
Moodys: NR S&P: AA

2.49% 08/01/26 10,000.0000 96.83500 9,683.50 9,251.70
9,251.70
431.80 5.13% 249.00 62.25 <1%
423542RU5 HEMET CALIF UNI
Moodys: NR S&P: AA

1.18% 08/01/26 55,000.0000 94.65300 52,059.15 48,750.00 48,750.00
3,309.15 5.21% 649.00 162.25 <1%
12 of 22
Statement Period
October 1-31, 2024

LA MESA CALIF CT
Moodys: A1 S&P: NR
CALLABLE 02/01/25 AT 100.00000

6.32% 08/01/26 10,000.0000 100.13400 10,013.40 10,012.79 10,018.33

0.61 b 6.25% 632.00 158.00 <1%
567830BU7 MARIN CNTY CALIF
Moodys: Aaa S&P: AAA

5.41% 08/01/26 15,000.0000 100.93700 15,140.55 14,978.10 14,978.10
162.45 5.46% 811.50 202.88 <1%
677765GX1 OHLONE CALIF CM
Moodys: Aa1 S&P: NR

2.095% 08/01/26 35,000.0000 96.16100 33,656.35 32,935.63 32,935.63
720.72 5.06% 733.25 183.31 <1%
73208PBG5 POMONA CALIF PE
Moodys: NR S&P: AA2.474% 08/01/26 65,000.0000 96.40100 62,660.65 61,901.94 62,012.20
758.71
b N/A y 1,608.10 402.03 <1%
797272QR5 SAN DIEGO CALIF
Moodys: Aa1 S&P: AAA

2.299% 08/01/26 25,000.0000 96.68000 24,170.00 23,176.25 23,176.25
993.75 4.87% 574.75 143.69 <1%
79770GGT7 SAN FRAN CALIF CITY
Moodys: NR S&P: AA3.0% 08/01/26 25,000.0000 97.57000 24,392.50 23,617.75 23,617.75
774.75 5.61% 750.00 187.50 <1%
83412PFN7 SOLANO CALIF CM
Moodys: Aa2 S&P: AA

2.481% 08/01/26 100,000.0000 96.90200 96,902.00 94,825.00 94,825.00
2,077.00 5.11% 2,481.00 620.25 <1%
22972PCK6 CUCAMONGA VY CAL
Moodys: NR S&P: AA+

3.55% 09/01/26 150,000.0000 98.63300 147,949.50 142,457.00 142,457.00
5,492.50 5.44% 5,325.00 887.50 1%
235839DT1 DANA POINT CALI
Moodys: NR S&P: AA

1.691% 09/01/26 35,000.0000 94.40000 33,040.00 31,599.45 31,599.45
1,440.55 N/A y 591.85 98.64 <1%
767027DP7 RIO CALIF ELEM S
Moodys: NR S&P: AA

2.66% 09/01/26 15,000.0000 96.23000 14,434.50 13,697.30 13,697.30
737.20 5.80% 399.00 66.50 <1%
79730WBC3 SAN DIEGO CALIF
Moodys: NR S&P: AA
CALLABLE 09/01/25 AT 100.00000

3.75% 09/01/26 15,000.0000 98.63600 14,795.40 14,273.00 14,273.00
522.40 5.59% 562.50 93.75 <1%
79772EAJ8 SAN FRAN CALIF C
Moodys: NR S&P: NR

3.25% 09/01/26 5,000.0000 97.76600 4,888.30 4,582.15
4,582.15
306.15 6.15% 162.50 27.08 <1%
798736AB0 SAN LUIS UNIT/W
Moodys: NR S&P: AA

1.828% 09/01/26 30,000.0000 95.46200 28,638.60 30,133.66 30,316.70
(1,495.06)
b 1.60% 548.40 91.40 <1%
861361AD5 STOCKTON CALIF
Moodys: A1 S&P: AA
CALLABLE 03/01/25 AT 100.00000

5.675% 09/01/26 15,000.0000 100.06500 15,009.75 15,003.20 15,004.05

6.55 b 5.66% 851.25 141.88 <1%
91857RBF9 VACAVILLE CALIF
Moodys: NR S&P: AA2.956% 09/01/26 10,000.0000 96.99900 9,699.90 9,429.40 9,429.40
270.50 5.30% 295.60 49.27 <1%
13 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
Positions - Fixed Income (continued)
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($)
Yield to
Maturity
Est. Annual
Income($)
Accrued
Income($)
% of
Acct
953321AE6 WEST HOLLYWOOD
Moodys: NR S&P: AA1.245% 09/01/26 20,000.0000 94.02800 18,805.60 20,006.71 20,016.67
(1,201.11)
b 1.23% 249.00 41.50 <1%
10727XVH8 BRENTWOOD CALIF
Moodys: NR S&P: AA

3.616% 09/02/26 35,000.0000 98.14300 34,350.05 33,022.20 33,022.20
1,327.85 5.73% 1,265.60 207.42 <1%
13063DRD2 CALIFORNIA ST
Moodys: Aa2 S&P: AA2.375% 10/01/26 125,000.0000 96.57100 120,713.75 119,614.34 120,534.00
1,099.41
b N/A y 2,968.75 247.40 1%
196480KT3 COLORADO HSG &
Moodys: Aaa S&P: AAA

1.609% 10/01/26 20,000.0000 94.64900 18,929.80 19,454.80 19,454.80
(525.00) 2.23% 321.80 26.82 <1%
13063BJE3 CALIFORNIA ST
Moodys: Aa2 S&P: AA6.875% 11/01/26 10,000.0000 104.68800 10,468.80 10,552.95 10,767.60
(84.15)
b 4.51% 687.50 343.75 <1%
76913DFX0 RIVERSIDE CNTY
Moodys: NR S&P: AA1.474% 11/01/26 85,000.0000 94.69300 80,489.05 82,652.42 82,660.00
(2,163.37)
b N/A y 1,252.90 626.45 <1%
87972DBF8

TEMECULA CALIF
Moodys: NR S&P: AA

3.125% 12/15/26 135,000.0000 96.86900 130,773.15 131,218.34 131,194.41
(445.19)
b 4.49% 4,218.75 1,593.75 1%
658909N51 NORTH DAKOTA ST
Moodys: Aa1 S&P: NR

3.913% 01/01/27 40,000.0000 98.67500 39,470.00 40,009.97 40,016.67
(539.97)
b 0.00% 1,565.20 521.73 <1%
672240WK0 OAKLAND CALIF
Moodys: Aa1 S&P: AA+

1.83% 01/15/27 30,000.0000 94.81100 28,443.30 27,780.80 27,780.80
662.50 4.95% 549.00 161.65 <1%
764464AE3 RICHMOND CALIF
Moodys: NR S&P: AA4.334% 01/15/27 50,000.0000 98.76100 49,380.50 48,554.90 48,554.90
825.60 N/A y 2,167.00 638.06 <1%
428061EF8 HESPERIA CALIF
Moodys: NR S&P: AA

1.887% 02/01/27 15,000.0000 93.81200 14,071.80 13,740.20 13,740.20
331.60 5.39% 283.05 70.76 <1%
73209MAJ6 POMONA CALIF RED
Moodys: NR S&P: A+

3.98% 02/01/27 50,000.0000 98.64000 49,320.00 48,939.00 48,939.00
381.00 4.77% 1,990.00 497.50 <1%
196480B89 COLORADO HSG & F
Moodys: Aaa S&P: AAA

3.62% 05/01/27 115,000.0000 97.77100 112,436.65 115,011.24 115,020.00
(2,574.59)
b 3.62% 4,163.00 2,081.50 <1%
683042BD6 ONTARIO CALIF I
Moodys: NR S&P: AA

1.875% 05/15/27 30,000.0000 94.06200 28,218.60 28,925.00 28,925.00
(706.40) N/A y 562.50 259.38 <1%
91412GXD2 UNIVERSITY CALI
Moodys: Aa2 S&P: AA

3.409% 05/15/27 10,000.0000 97.59300 9,759.30 9,823.50
9,823.50
(64.20) 4.12% 340.90 157.19 <1%
14 of 22
Statement Period
October 1-31, 2024

4.0% 06/01/27 70,000.0000 99.03100 69,321.70 67,282.37
67,282.37
2,039.33 5.03% 2,800.00 1,166.67 <1%
899154AZ1

TULARE CNTY CAL
Moodys: Aa2 S&P: AA3.959% 06/01/27 25,000.0000 98.52100 24,630.25 23,743.90 23,743.90
886.35 N/A y 989.75 412.40 <1%
56042RJ60 MAINE HEALTH &
Moodys: Aa3 S&P: AA

1.659% 07/01/27 10,000.0000 92.81600 9,281.60 9,720.50
9,720.50
(438.90) 2.21% 165.90 55.30 <1%
797355L77 SAN DIEGO CALIF
Moodys: Aa2 S&P: AA5.26% 07/01/27 90,000.0000 101.54600 91,391.40 90,937.34 91,089.10
454.06
b 4.88% 4,734.00 1,578.00 <1%
817409N50 SEQUOIA CALIF U
Moodys: Aaa S&P: NR

1.951% 07/01/27 55,000.0000 94.20800 51,814.40 53,938.05 53,938.05
(2,123.65) N/A y 1,073.05 357.68 <1%
03667PFR8 ANTELOPE VALLEY
Moodys: Aa2 S&P: AA

3.378% 08/01/27 45,000.0000 97.57400 43,908.30 43,329.35 43,329.35
578.95 4.70% 1,520.10 380.03 <1%
697511FE8 PALOMAR CALIF C
Moodys: Aa2 S&P: AA

1.419% 08/01/27 25,000.0000 92.42600 23,106.50 23,061.25 23,061.25

45.25 4.21% 354.75 88.69 <1%
796711F46 SAN BERNARDINO
Moodys: A1 S&P: AA

1.661% 08/01/27 10,000.0000 93.04600 9,304.60 9,242.80
9,242.80

61.80 4.62% 166.10 41.53 <1%
797272QS3 SAN DIEGO CALIF
Moodys: Aa1 S&P: AAA

2.407% 08/01/27 235,000.0000 95.20700 223,736.45 211,892.87 211,892.87
11,843.58 5.28% 5,656.45 1,414.11 2%
22972PCL4 CUCAMONGA VY CALI
Moodys: NR S&P: AA+

3.6% 09/01/27 10,000.0000 98.09100 9,809.10 9,597.60
9,597.60
211.50 4.98% 360.00 60.00 <1%
79772EAK5 SAN FRAN CALIF C
Moodys: NR S&P: NR

3.25% 09/01/27 15,000.0000 96.65000 14,497.50 14,087.45 14,087.45
410.05 5.35% 487.50 81.25 <1%
801096AV0 SANTA ANA CALIF
Moodys: NR S&P: AA

3.967% 09/01/27 260,000.0000 98.14500 255,177.00 247,352.32 247,352.32
7,824.68 N/A y 10,314.20 1,719.03 2%
525654BZ1

LEMON GROVE CAL
Moodys: NR S&P: AA
CALLABLE 04/01/25 AT 100.50000

3.965% 10/01/27 85,000.0000 98.09100 83,377.35 85,013.70 85,013.70
(1,636.35) 3.96% 3,370.25 280.85 <1%
365471AH4 GARDENA CALIF P
Moodys: NR S&P: AA2.663% 04/01/28 30,000.0000 94.23000 28,269.00 27,245.90 27,245.90
1,023.10 N/A y 798.90 66.58 <1%
544445T82

LOS ANGELES CAL
Moodys: NR S&P: NR

ESCROWED TO MATURITY

1.625% 05/15/28 15,000.0000 89.23500 13,385.25 13,252.70 13,252.70
132.55 5.01% 243.75 112.40 <1%
15 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
Positions - Fixed Income (continued)
Symbol/
CUSIP Description Coupon
Maturity
Date Quantity/Par Price($)
Market
Value($)
Adj Cost Basis/
Orig Cost Basis($)
Unrealized
Gain/(Loss)($)
Yield to
Maturity
Est. Annual
Income($)
Accrued
Income($)
% of
Acct
13032UC55 CALIFORNIA HEAL
Moodys: Aa3 S&P: AA3.378% 06/01/28 15,000.0000 95.87800 14,381.70 14,118.05 14,118.05
263.65 5.06% 506.70 211.13 <1%
798153NH1 SAN JOSE CALIF
Moodys: Aa2 S&P: AA

1.712% 06/01/28 45,000.0000 91.36700 41,115.15 39,675.35 39,675.35
1,439.80 5.01% 770.40 321.00 <1%
80181PHD2 SANTA CRUZ CNTY
Moodys: NR S&P: AA+

4.82% 06/01/28 225,000.0000 100.58700 226,320.75 225,020.00 225,020.00
1,300.75 4.82% 10,845.00 3,946.38 2%
250375LB6 DESERT CALIF CMNTY
Moodys: Aa1 S&P: AA

3.0% 08/01/28 250,000.0000 95.38900 238,472.50 238,482.25 238,482.25
(9.75) 4.27% 7,500.00 1,875.00 2%
672325F51 OAKLAND CALIF U
Moodys: A1 S&P: ACALLABLE 08/01/27 AT 100.00000

3.555% 08/01/28 15,000.0000 96.55100 14,482.65 14,395.40 14,395.40

87.25 4.67% 533.25 133.31 <1%
732098FF0 POMONA CALIF UNI
Moodys: Aa3 S&P: NR

5.09% 08/01/28 165,000.0000 100.77900 166,285.35 164,930.90 164,930.90
1,354.45 5.10% 8,398.50 2,099.63 1%
54465AGU0

LOS ANGELES CNTY
Moodys: Aa2 S&P: AA
CALLABLE 09/01/26 AT 100.00000

2.75% 09/01/28 40,000.0000 93.60400 37,441.60 36,656.00 36,656.00
785.60 5.01% 1,100.00 183.33 <1%
92440HAF4 VERNON CALIF RE
Moodys: NR S&P: AA

4.431% 09/01/28 50,000.0000 98.89700 49,448.50 48,823.47 48,823.47
625.03 4.95% 2,215.50 369.25 <1%
13077DQG0 CALIFORNIA ST U
Moodys: Aa2 S&P: AA1.521% 11/01/28 50,000.0000 89.53400 44,767.00 43,309.14 43,309.14
1,457.86 4.91% 760.50 380.25 <1%
13077DUY6 CALIFORNIA ST U
Moodys: Aa2 S&P: AA4.372% 11/01/28 165,000.0000 99.88700 164,813.55 165,018.68 165,018.68
(205.13) 4.37% 7,213.80 1,242.38 1%
76913DFZ5 RIVERSIDE CNTY
Moodys: NR S&P: AA1.976% 11/01/28 70,000.0000 91.53100 64,071.70 63,923.00 63,923.00
148.70 4.34% 1,383.20 691.60 <1%
77735AAJ6 ROSEDALE-RIO BR
Moodys: NR S&P: AA

1.984% 01/01/29 10,000.0000 90.31200 9,031.20 8,854.40
8,854.40
176.80 4.89% 198.40 66.13 <1%
345105KE9

FOOTHILL / EAST
Moodys: A1 S&P: AA

1.891% 01/15/29 55,000.0000 88.77300 48,825.15 48,530.55 48,530.55
294.60 4.86% 1,040.05 306.24 <1%
154070AH9 CENTRAL MARIN P
Moodys: NR S&P: AAA

1.998% 02/01/29 265,000.0000 89.99300 238,481.45 233,012.20 233,012.20
5,469.25 N/A y 5,294.70 1,323.68 2%
13068XLL1 CALIFORNIA ST P
Moodys: Aa3 S&P: A+

4.879% 04/01/29 95,000.0000 101.39100 96,321.45 95,016.12 95,019.05
1,305.33
b 4.87% 4,635.05 386.25 <1%
16 of 22
Statement Period
October 1-31, 2024

4.87% 06/01/29 80,000.0000 100.74500 80,596.00 80,014.44 80,014.44
581.56 4.87% 3,896.00 1,417.71 <1%
Total Fixed Income 11,919,000.0000 $11,647,994.68 $83,503.05 $356,132.93 $100,099.15 100% Accrued Income represents the interest that would be received if the fixed income investment was sold prior to the coupon payment.

Yield to Maturity is the annualized rate of return earned if held until maturity date.

Transactions - Summary
Beginning Cash* as of 10/01 + Deposits + Withdrawals + Purchases + Sales/Redemptions + Dividends/Interest + Expenses = Ending Cash* as of 10/31 $13,924.67 $0.00 $0.00 ($320,243.64) $330,000.00 $19,742.81 ($14,718.31) $28,705.53 Other Activity $0.00 Other activity includes transactions which don't affect the cash balance such as stock transfers, splits, etc. *Cash (includes any cash debit balance) held in your account plus the value of any cash invested in a sweep money fund.

Transaction Details
Date Category Action
Symbol/
CUSIP Description Quantity
Price/Rate
per Share($)
Charges/
Interest($) Amount($)
Realized
Gain/(Loss)($)
10/01 Redemption Full Redemption 13034AL57 CALIFORNIA INFR 0.645XXX **MATURED**
75,000.00
Redemption Full Redemption 13034AD72 CALIFORNIA INFR 2.916XXX **MATURED**
65,000.00
Redemption Full Redemption 76221RW33 RHODE ISLAND HSG 1.34XXX **MATURED**
15,000.00
Redemption Full Redemption 79678RBC8 SAN BERNARDINO C 0.92XXX **MATURED**
15,000.00
Redemption Full Redemption 79876CBD9 SAN MARCOS CALI 3.866XXX **MATURED**
10,000.00
Redemption Full Redemption 861398CH6 STOCKTON CALIF 2.374XXX **MATURED**
10,000.00
Redemption Full Redemption 89356CBU9 TRANSBAY JT PWRS 2.42XXX **MATURED**
75,000.00
17 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
Transaction Details (continued)
Date Category Action
Symbol/
CUSIP Description Quantity
Price/Rate
per Share($)
Charges/
Interest($) Amount($)
Realized
Gain/(Loss)($)
10/01 Other
Activity
Redemption 13034AL57 CALIFORNIA INFR 0.645XXX
**MATURED**
(75,000.0000)
Other
Activity
Redemption 13034AD72 CALIFORNIA INFR 2.916XXX
**MATURED**
(65,000.0000)
Other
Activity
Redemption 76221RW33 RHODE ISLAND HSG 1.34XXX
**MATURED**
(15,000.0000)
Other
Activity
Redemption 79678RBC8 SAN BERNARDINO C 0.92XXX
**MATURED**
(15,000.0000)
Other
Activity
Redemption 79876CBD9 SAN MARCOS CALI 3.866XXX
**MATURED**
(10,000.0000)
Other
Activity
Redemption 861398CH6 STOCKTON CALIF 2.374XXX
**MATURED**
(10,000.0000)
Other
Activity
Redemption 89356CBU9 TRANSBAY JT PWRS 2.42XXX
**MATURED**
(75,000.0000)
Interest Bond Interest 032556EZ1 ANAHEIM CALIF H 1.725%25 172.50 Interest Bond Interest 13034AL57 CALIFORNIA INFR 0.645XXX 241.88 Interest Bond Interest 13034AD72 CALIFORNIA INFR 2.916XXX 947.70 Interest Bond Interest 13034AD80 CALIFORNIA INFR 3.026%25 151.30 Interest Bond Interest 13063DRD2 CALIFORNIA ST 2.375%26 1,484.38 Interest Bond Interest 13068XLL1 CALIFORNIA ST P 4.879%29 2,188.77 Interest Bond Interest 196480KT3 COLORADO HSG & 1.609%26 160.90 Interest Bond Interest 358184QJ1 FRESNO CALIF JT 3.48%25 348.00 Interest Bond Interest 365471AE1 GARDENA CALIF P 1.702%25 425.50 Interest Bond Interest 365471AH4 GARDENA CALIF P 2.663%28 399.45 Interest Bond Interest 442851AH4 HOWARD UNIVERSI 2.657%26 132.85 Interest Bond Interest 76221RW33 RHODE ISLAND HSG 1.34XXX 100.50 Interest Bond Interest 79678RBC8 SAN BERNARDINO C 0.92XXX 69.00 Interest Bond Interest 79876CBD9 SAN MARCOS CALI 3.866XXX 193.30 Interest Bond Interest 79876CBE7 SAN MARCOS CALI 4.016%25 401.60 18 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
Transaction Details (continued)
Date Category Action
Symbol/
CUSIP Description Quantity
Price/Rate
per Share($)
Charges/
Interest($) Amount($)
Realized
Gain/(Loss)($)
10/01 Interest Bond Interest 861398CH6 STOCKTON CALIF 2.374XXX 118.70 Interest Bond Interest 861398CJ2 STOCKTON CALIF 2.464%25 123.20 Interest Bond Interest 87047SAJ9 SWEETWATER CALIF 2.89%25 433.50 Interest Bond Interest 91412NBH2 THE UNIVERSITY 4.947%29 2,070.87 Interest Bond Interest 89356CBU9 TRANSBAY JT PWRS 2.42XXX 907.50 10/02 Interest Bond Interest 442851AP6 HOWARD UNIVERSI 1.991%25 2,488.75 Interest Bond Interest 442851AQ4 HOWARD UNIVERSI 2.291%26 286.38 10/04 Purchase Bought Prime 91412HGE7 UNIVERSITY CALI 0.883%25 PUB EDUC DUE 05/15/25
30,000.0000 97.7150 122.28 (29,436.78)
Executed by Belle Haven Investments, LP as Agent; Accrued interest $102.28; Schwab Prime Broker Fee $10.00; Executing Broker Commission $10.00
Purchase Bought Prime 91412GU94 UNIVERSITY CALI 3.063%25 PUB EDUC DUE 07/01/25
20,000.0000 98.8510 178.26 (19,948.46)
Executed by Belle Haven Investments, LP as Agent; Accrued interest $158.26; Schwab Prime Broker Fee $10.00; Executing Broker Commission $10.00
Interest Bond Interest 525654BZ1 LEMON GROVE CAL 3.965%27 1,685.13 10/10 Purchase Bought Prime 87972DBF8 TEMECULA CALIF 3.125%26 ALLC TAX DUE 12/15/26
135,000.0000 97.1700 1,362.57 (132,542.07)
Executed by Belle Haven Investments, LP as Agent; Accrued interest $1,347.66; Schwab Prime Broker Fee $10.00; Executing Broker Commission $4.91
10/15 Redemption Full Redemption 13057EEB6 CALIFORNIA PUB 1.083XXX **MATURED**
65,000.00
Other
Activity
Redemption 13057EEB6 CALIFORNIA PUB 1.083XXX
**MATURED**
(65,000.0000)
Interest Bond Interest 13057EEB6 CALIFORNIA PUB 1.083XXX 351.98 Interest Bond Interest 842434CW0 SOCAL GAS CO 2.95%27 3,835.00 Expense Advisor Fee
* MGMTFEE TO ADVISOR (8,875.05)
10/16 Purchase Bought Prime 76913DFZ5 RIVERSIDE CNTY 1.976%28 LEAS BLDG DUE 11/01/28
70,000.0000 91.2900 653.97 (64,556.97)
Executed by Belle Haven Investments, LP as Agent; Accrued interest $633.97; Schwab Prime Broker Fee $10.00; Executing Broker Commission $10.00
19 of 22
Statement Period
October 1-31, 2024

Bank Sweep Activity
Date Description Amount Date Description Amount Date Description Amount 10/01 Beginning Balance
X,Z $13,924.67 10/07 BANK CREDIT FROM BROKERAGE
X 1,685.13 10/21 BANK TRANSFER TO BROKERAGE (5,843.26)
10/01 BANK CREDIT FROM BROKERAGE
X 250,000.00 10/10 BANK TRANSFER TO BROKERAGE (132,542.07) 10/24 BANK TRANSFER TO BROKERAGE (39,967.83) 10/02 BANK CREDIT FROM BROKERAGE
X 26,071.40 10/15 BANK INTERESTX,Z 24.17 10/29 BANK TRANSFER TO BROKERAGE (33,791.53) 10/03 BANK CREDIT FROM BROKERAGE
X 2,775.13 10/15 BANK CREDIT FROM BROKERAGEX 65,000.00 10/31 Ending Balance X,Z $28,705.53
10/04 BANK TRANSFER TO BROKERAGE (49,385.24) 10/16 BANK TRANSFER TO BROKERAGE (69,245.04) 10/31 Interest Rate * Z 0.20%
* Your interest period was 09/16/24 - 10/15/24.

Z
20 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
Endnotes For Your Account
* You authorize Schwab to debit your account to pay investment management fees per the authorization you granted in your Account Application. Schwab does not review or monitor these fee payments. Contact your Investment Manager if you have questions. b When available, Adjusted Cost Basis values are used in Gain or (Loss) calculations. y Yield to Maturity cannot be calculated because there are multiple lots for this position.

X Bank Sweep deposits are held at FDIC-insured Program Banks, which are listed in the Cash Features Disclosure Statement.

Z For the Bank Sweep and Bank Sweep for Benefit Plans features, interest is paid for a period that differs from the Statement Period. Balances include interest paid as indicated on your statement by Schwab or one or more of its Program Banks. These balances do not include interest that may have accrued during the Statement Period after interest is paid. The interest paid may include interest that accrued in the prior Statement Period.

Terms and Conditions
GENERAL INFORMATION AND KEY TERMS: This Account statement is furnished solely by Charles Schwab & Co., Inc. ("Schwab") for your Account at Schwab ("Account"). Unless otherwise defined herein, capitalized terms have the same meanings as in your Account Agreement. If you receive any other communication from any source other than Schwab which purports to represent your holdings at Schwab (including balances held at a Depository Institution) you should verify its content with this statement.

Accrued Income: Accrued Income is the sum of the total accrued interest and/or accrued dividends on positions held in your Account, but the interest and/or dividends have not been received into your Account.

Schwab makes no representation that the amounts shown (or any other amount) will be received. Accrued amounts are not covered by SIPC account protection until actually received and held in the Account. AIP (Automatic Investment Plan) Customers: Schwab receives remuneration in connection with certain transactions effected through Schwab. If you participate in a systematic investment program through Schwab, the additional information normally detailed on a trade confirmation will be provided upon request.

Average Daily Balance: Average daily composite of all cash balances that earn interest and all loans from Schwab that are charged interest. Bank Sweep and Bank Sweep for Benefit Plans Features: Schwab acts as your agent and custodian in establishing and maintaining your Deposit Account(s) as a feature of your brokerage Account(s). Deposit accounts held through these bank sweep features constitute direct obligations of one or more FDIC insured banks ("Program Banks") that are not obligations of Schwab.

Funds swept to Program Banks are eligible for deposit insurance from the FDIC up to the applicable limits for each bank for funds held in the same insurable capacity. The balance in the Deposit Accounts can be withdrawn on your order and the proceeds returned to your brokerage Account or remitted to you as provided in your Account Agreement. For information on FDIC insurance and its limits, as well as other important disclosures about the bank sweep feature(s) in your Account(s), please refer to the Cash Features Disclosure Statement available online or from a Schwab representative. Cash: Any Free Credit Balance owed by us to you payable upon demand which, although accounted for on our books of record, is not segregated and may be used in the conduct of this firm's business. Dividend Reinvestment Customers:

Dividend reinvestment transactions were effected by Schwab acting as a principal for its own account, except for the reinvestment of Schwab dividends, for which an independent broker-dealer acted as the buying agent. Further information on these transactions will be furnished upon written request. Gain (or Loss): Unrealized Gain or (Loss) and Realized Gain or (Loss) sections ("Gain/Loss Section(s)") contain a gain or a loss summary of your Account. This information has been provided on this statement at the request of your Advisor, if applicable. This information is not a solicitation or a recommendation to buy or sell. Schwab does not provide tax advice and encourages you to consult with your tax professional. Please view the Cost Basis Disclosure Statement for additional information on how gain (or loss) is calculated and how Schwab reports adjusted cost basis information to the IRS.

Interest: For the Schwab One Interest, Bank Sweep, and Bank Sweep for Benefit Plans features, interest is paid for a period that may differ from the Statement Period. Balances include interest paid as indicated on your statement by Schwab or one or more of its Program Banks. These balances do not include interest that may have accrued during the Statement Period after interest is paid. The interest paid may include interest that accrued in the prior Statement Period. For the Schwab One Interest feature, interest accrues daily from the second-to-last business day of the prior month and is posted on the second-to-last business day of the current month. For the Bank Sweep and Bank Sweep for Benefit Plans features, interest accrues daily from the 16th day of the prior month and is credited/posted on the first business day after the 15th of the current month. If, on any given day, the interest that Schwab calculates for the Free Credit Balances in the Schwab One Interest feature in your brokerage Account is less than $.005, you will not accrue any interest on that day. For balances held at banks affiliated with Schwab in the Bank Sweep and Bank Sweep for Benefit Plans features, interest will accrue even if the amount is less than $.005. Margin Account Customers:

This is a combined statement of your margin account and special memorandum account maintained for you under Section 220.5 of Regulation T issued by the Board of Governors of the Federal Reserve System. The permanent record of the separate account as required by Regulation T is available for your inspection.

Securities purchased on margin are Schwab's collateral for the loan to you. It is important that you fully understand the risks involved in trading securities on margin. These risks include: 1) You can lose more funds than you deposit in the margin account; 2) Schwab can force the sale of securities or other assets in any of your account(s) to maintain the required account equity without contacting you; 3) You are not entitled to choose which assets are liquidated nor are you entitled to an extension of time on a margin call; 4) Schwab can increase its "house" maintenance margin requirements at any time without advance written notice to you. Market Price: The most recent price evaluation available to Schwab on the last business day of the report period, normally the last trade price or bid as of market close. Unpriced securities denote that no market evaluation update is currently available. Price evaluations are obtained from outside parties.

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This is the dollar value of your present holdings in your specified Schwab Account or a summary of the Market Value summed over multiple accounts. Non-Publicly Traded Securities: All assets shown on this 21 of 22
Statement Period
October 1-31, 2024

CITY OF HIDDEN HILLS
MGR: BELLE HAVEN INVESTMENTS
Schwab One® Account of
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statement, other than certain direct investments which may be held by a third party, are held in your Account.

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65544.00001\42950734.1
Eniko Gold, Mayor
Larry G. Weber, Mayor Pro Tem
Laura McCorkindale, Council Member
Joe Loggia, Council Member
Adam Wasserman, Council Member

TO: Honorable Mayor and City Council
FROM: Gloria Molleda, Interim City Manager
DATE: December 9, 2024
BY: Dirk Lovett, City Engineer
Michael Jenkins, Interim City Attorney
SUBJECT: SECOND READING AND ADOPTION OF ORDINANCE NO. 392 AMENDING ARTICLE P, ENTITLED “ACCESSORY DWELLING UNITS,” OF TITLE 5 (LAND USE AND

DEVELOPMENT), OF THE CITY OF HIDDEN HILLS MUNICIPAL CODE TO COMPLY WITH

RECENT CHANGES IN STATE LAW, AND FINDING THE ACTION TO BE STATUTORILY EXEMPT FROM CEQA UNDER SECTION 21080.17 OF THE PUBLIC RESOURCES CODE

BACKGROUND
At its November 12, 2024 adjourned regular meeting, the City Council introduced on first reading Ordinance No. 392, amending the Accessory Dwelling Unit ("ADU") provisions of the Zoning Ordinance to conform to the requirements of two new State laws, AB 2533 and SB 1211. The Council also adopted Urgency Ordinance 391, which gave immediate effect to those amendments so as to comply with the State's December 31 deadline for compliance. To complete the amendment process, the City Council will now adopt Ordinance No. 392 on second reading.

DISCUSSION
The modifications to the ADU provisions in the Zoning Ordinance required by AB 2533 and SB 1211 are discussed in detail in the staff report that was presented to the City Council at its November 12 meeting.

That staff report is attached as Attachment #2 to this report.

In order to be effective, an ordinance must be read twice; this will be the second reading and adoption of Ordinance No. 392. The Ordinance will take effect on January 8, 2025.

Under California Public Resources Code section 21080.17, CEQA does not apply to the adoption of an ordinance by a city or county implementing the provisions of Article 2 of Chapter 13 of Division 1 of Title 7 of the Government Code, which is California’s ADU law and which also regulates JADUs, as defined by 65544.00001\42950734.1
Ordinance Regarding Changes In State Law Regarding ADUs

Page 2 ends

section 66313. Therefore, the adoption of the proposed ordinance is statutorily exempt from CEQA in that it implements state ADU law.

Fiscal Impact
There is no fiscal impact to the City of Hidden Hills.

RECOMMENDATION
It Is staff’s recommendation that the City Council waive full reading and adopt Ordinance No. 392.

If the Council concurs, an appropriate motion would be:
“I move that the City Council:

1. Find that the adoption of Ordinance No. 392 is statutorily exempt from review under the California Environmental Quality Act under Public Resources Code section 21080.17.

2. Waive full reading of and adopt Ordinance No. 392, amending Article P, entitled “Accessory Dwelling Units,” of Title 5 (Land Use and Development), of the City of Hidden Hills Municipal Code to comply with recent changes in state law (Attachment 1).”

ATTACHMENTS

1. Ordinance No. 392

2. November 12, 2024 Staff Report
- 1 -
ORDINANCE NO. 392

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF HIDDEN HILLS AMENDING ARTICLE P, ENTITLED “ACCESSORY DWELLING UNITS,” OF TITLE 5 (LAND USE AND DEVELOPMENT) OF THE CITY’S MUNICIPAL CODE TO COMPLY WITH RECENT CHANGES IN STATE LAW, AND FINDING THE ACTION TO BE STATUTORILY EXEMPT FROM CEQA UNDER SECTION 21080.17

OF THE PUBLIC RESOURCES CODE
WHEREAS, the City of Hidden Hills, California (“City”) is a municipal corporation, duly organized under the constitution and laws of the State of California; and WHEREAS, state law authorizes cities to act by ordinance to provide for the creation and regulation of accessory dwelling units (“ADUs”) and junior accessory dwelling units (“JADUs”); and WHEREAS, in recent years, the California Legislature has approved, and the Governor has signed into law, numerous bills that, among other things, amend various sections of the Government Code to impose new limits on local authority to regulate ADUs and JADUs; and WHEREAS, in 2024, the California Legislature approved, and the Governor signed into law, Assembly Bill 2533 (“AB 2533”) and Senate Bill 1211 (“SB 1211”), which further amend state ADU law; and WHEREAS, AB 2533 and SB 1211 take effect on January 1, 2025, and for the City’s ADU ordinance to remain valid, it must be amended to reflect the requirements of AB 2533 and SB 1211; and WHEREAS, the City desires to amend its local regulatory scheme for the construction of ADUs and JADUs to reflect AB 2533’s and SB 1211’s changes to state law; and WHEREAS, on November 12, 2024, the City Council, acting as both the Planning Agency and Legislative Body for the City, held a duly-noticed public hearing to consider the Ordinance, including: (1) the public testimony and agenda reports prepared in connection with the Ordinance and (2) the policy considerations discussed therein; and the Council approved It for second reading and adoption; and WHEREAS, on ___________________, the City Council adopted Ordinance No. 392 after considering all the testimony and other evidence presented and In compliance with all applicable laws and regulations; and
WHEREAS, all legal prerequisites to the adoption of the Ordinance have occurred.

NOW, THEREFORE, the City Council of the City of Hidden Hills does ordain as follows:

SECTION 1. Incorporation. The recitals above are each incorporated by reference and adopted as findings by the City Council.

SECTION 2. CEQA. Under California Public Resources Code section 21080.17, the California Environmental Quality Act (“CEQA”) does not apply to the adoption of an ordinance by a city or county implementing the provisions of Article 2 of Chapter 13 of Division 1 of Title 7 of the California Government Code, which is California’s ADU law and which also regulates JADUs, as defined by section 66313.

Therefore, adoption of the Ordinance is statutorily exempt from CEQA in that it implements state ADU law.
- 2 -
SECTION 3. General Plan. The City Council hereby finds that the adoption of the Ordinance is consistent with the General Plan as a matter of law under Government Code section 66314(c).

SECTION 4. Code Amendment. Article P, entitled “Accessory Dwelling Units,” of Title 5 (Land Use and Development) of the City of Hidden Hills Municipal Code is hereby amended and restated to read in its entirety as provided in Exhibit “A,” attached hereto and incorporated herein by reference.

SECTION 5. Effective Date. This Ordinance takes effect 30 days after its adoption.

SECTION 6. HCD Submittal. In accordance with Government Code section 66326, the City Clerk is directed to submit a copy of this Ordinance to the California Department of Housing and Community Development within 60 days after adoption.

SECTION 7. Publication. The City Clerk is directed to certify to the adoption of this Ordinance and post or publish this Ordinance as required by law.

SECTION 8. Custodian of Records. The custodian of records for this Ordinance is the City Clerk and the records comprising the administrative record are located at 6165 Spring Valley Road, Hidden Hills, California 91302.

SECTION 9. Severability. If any provision of this Ordinance or its application to any person or circumstance is held to be invalid by a court of competent jurisdiction, such invalidity has no effect on the other provisions or applications of the Ordinance that can be given effect without the invalid provision or application, and to this extent, the provisions of this Ordinance are severable. The City Council declares that it would have adopted this Ordinance irrespective of the invalidity of any portion thereof. (Continues on next page)
- 3 -
PASSED, APPROVED AND ADOPTED by the City Council of the City of Hidden Hills, California, at a regular meeting of the City Council held on the 12th day of November, 2024 by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

CITY OF HIDDEN HILLS
________________________________
Mayor
ATTEST:
________________________________
City Clerk
APPROVED AS TO FORM:

BEST BEST & KRIEGER LLP
________________________________
City Attorney
- 4 -
EXHIBIT A-1
Amended ADU Regulations
(follows this page)
65544.00401\42909308.2 1

EXHIBIT A
ARTICLE P. -ACCESSORY DWELLING UNITS
5-2P-1: PURPOSE.

The purpose of this section is to allow and regulate accessory dwelling units (ADUs) and junior accessory dwelling units (JADUs) in compliance with Chapter 13 of Division 1 of Title 7 of the California Government Code.
5-2P-2: EFFECT OF CONFORMING.

An ADU or JADU that conforms to the standards in this section will not be:

A. Deemed to be inconsistent with the city’s general plan and zoning designation for the lot on which the ADU or JADU is located.

B. Deemed to exceed the allowable density for the lot on which the ADU or JADU is located.

C. Considered in the application of any local ordinance, policy, or program to limit residential growth.

D. Required to correct a nonconforming zoning condition, as defined in subsection 5- 2P-3:H below. This does not prevent the city from enforcing compliance with applicable building standards in accordance with Health and Safety Code section 17980.12.
5-2P-3: DEFINITIONS.

As used in this section, terms are defined as follows:

A. “Accessory dwelling unit” or “ADU” means an attached or a detached residential dwelling unit that provides complete independent living facilities for one or more persons and is located on a lot with a proposed or existing primary residence. An accessory dwelling unit also includes the following:

1. An efficiency unit, as defined by section 17958.1 of the California Health and Safety Code; and

2. A manufactured home, as defined by section 18007 of the California Health and Safety Code.

B. “Accessory structure” means a structure that is accessory and incidental to a dwelling located on the same lot.
65544.00401\42909308.2 2
C. “Complete independent living facilities” means permanent provisions for living, sleeping, eating, cooking, and sanitation on the same parcel as the single-family or multifamily dwelling is or will be situated.

D. “Efficiency kitchen” means a kitchen that includes all of the following:

1. A cooking facility with appliances.

2. A food preparation counter and storage cabinets that are of a reasonable size in relation to the size of the JADU.

E. “Junior accessory dwelling unit” or “JADU” means a residential unit that satisfies all of the following:

1. It is no more than 500 square feet in size.

2. It is contained entirely within an existing or proposed single-family structure. An enclosed use within the residence, such as an attached garage, is considered to be a part of and contained within the single-family structure.

3. It includes its own separate sanitation facilities or shares sanitation facilities with the existing or proposed single-family structure.

4. If the unit does not include its own separate bathroom, then it contains an interior entrance to the main living area of the existing or proposed singlefamily structure in addition to an exterior entrance that is separate from the main entrance to the primary dwelling.

5. It includes an efficiency kitchen, as defined in subsection 5-2P-3:D above.

F. “Livable space” means a space in a dwelling intended for human habitation, including living, sleeping, eating, cooking, or sanitation.

G. “Living area” means the interior habitable area of a dwelling unit, including basements and attics, but does not include a garage or any accessory structure.

H. “Nonconforming zoning condition” means a physical improvement on a property that does not conform with current zoning standards.

I. “Passageway” means a pathway that is unobstructed clear to the sky and extends from a street to one entrance of the ADU or JADU.

J. “Proposed dwelling” means a dwelling that is the subject of a permit application and that meets the requirements for permitting.

K. “Public transit” means a location, including, but not limited to, a bus stop or train station, where the public may access buses, trains, subways, and other forms of 65544.00401\42909308.2 3
transportation that charge set fares, run on fixed routes, and are available to the public.

L. “Tandem parking” means that two or more automobiles are parked on a driveway or in any other location on a lot, lined up behind one another. 5-2P-4: APPROVALS.

The following approvals apply to ADUs and JADUs under this section:

A. Building-permit Only. If an ADU or JADU complies with each of the general requirements in subsection 5-2P-5: below, it is allowed with only a building permit in the following scenarios:

1. Converted on Single-family Lot: One ADU as described in this subsection 5-2P-4:A.1 and one JADU on a lot with a proposed or existing single-family dwelling on it, where the ADU or JADU:
(a) Is either: within the space of a proposed single-family dwelling; within the existing space of an existing single-family dwelling; or (in the case of an ADU only) within the existing space of an accessory structure, plus up to 150 additional square feet if the expansion is limited to accommodating ingress and egress; and (b) Has exterior access that is independent of that for the single-family dwelling; and
(c) Has side and rear setbacks sufficient for fire and safety, as dictated by applicable building and fire codes.
(d) The JADU complies with the requirements of Government Code sections 66333 through 66339.

2. Limited Detached on Single-family Lot: One detached, newconstruction ADU on a lot with a proposed or existing single-family dwelling (in addition to any JADU that might otherwise be established on the lot under subsection 5-2P-4:A.1 above), if the detached ADU satisfies each of the following limitations:
(a) The side- and rear-yard setbacks are at least four feet. (b) The total floor area is 800 square feet or smaller. (c) The peak height above grade does not exceed the applicable height limit in subsection 5-2P-5:B below.

3. Converted on Multifamily Lot: One or more ADUs within portions of existing multifamily dwelling structures that are not used as livable space, 65544.00401\42909308.2 4
including but not limited to storage rooms, boiler rooms, passageways, attics, basements, or garages, if each converted ADU complies with state building standards for dwellings. Under this subsection 5-2P-4:A.3, at least one converted ADU is allowed within an existing multifamily dwelling, up to a quantity equal to 25 percent of the existing multifamily dwelling units.

4. Limited Detached on Multifamily Lot: No more than two detached ADUs on a lot with a proposed multifamily dwelling, or up to eight detached ADUs on a lot with an existing multifamily dwelling, if each detached ADU satisfies all of the following:
(a) The side- and rear-yard setbacks are at least four feet. If the existing multifamily dwelling has a rear or side yard setback of less than four feet, the city will not require any modification to the multifamily dwelling as a condition of approving the ADU. (b) The peak height above grade does not exceed the applicable height limit provided in subsection 5-2P-5:B below.
(c) If the lot has an existing multifamily dwelling, the quantity of detached ADUs does not exceed the number of primary dwelling units on the lot.

B. ADU Permit.

1. Except as allowed under subsection 5-2P-4:A above, no ADU may be created without a building permit and an ADU permit in compliance with the standards set forth in subsections 5-2P-5: and 5-2P-6: below.

2. The city may charge a fee to reimburse it for costs incurred in processing ADU permits, including the costs of adopting or amending the city’s ADU ordinance. The ADU-permit processing fee is determined by the Building Official and approved by the city council by resolution.

C. Process and Timing.

1. An ADU permit is considered and approved ministerially, without discretionary review or a hearing.

2. The city must approve or deny an application to create an ADU or JADU within 60 days from the date that the city receives a completed application. If the city has not approved or denied the completed application within 60 days, the application is deemed approved unless either:
(a) The applicant requests a delay, in which case the 60-day time period is tolled for the period of the requested delay, or 65544.00401\42909308.2 5
(b) When an application to create an ADU or JADU is submitted with a permit application to create a new single-family or multifamily dwelling on the lot, the city may delay acting on the permit application for the ADU or JADU until the city acts on the permit application to create the new single-family or multifamily dwelling, but the application to create the ADU or JADU will still be considered ministerially without discretionary review or a hearing.

3. If the city denies an application to create an ADU or JADU, the city must provide the applicant with comments that include, among other things, a list of all the defective or deficient items and a description of how the application may be remedied by the applicant. Notice of the denial and corresponding comments must be provided to the applicant within the 60- day time period established by subsection 5-2P-4:C.2 above.

4. A demolition permit for a detached garage that is to be replaced with an ADU is reviewed with the application for the ADU and issued at the same time.
5-2P-5: GENERAL ADU AND JADU REQUIREMENTS.

The following requirements apply to all ADUs and JADUs that are approved under subsections 5-2P-4:A or 5-2P-4:B above:

A. Zoning.

1. An ADU subject only to a building permit under subsection 5-2P-4:A above may be created on a lot in a residential or mixed-use zone.

2. An ADU subject to an ADU permit under subsection 5-2P-4:B above may be created on a lot that is zoned to allow single-family dwelling residential use or multifamily dwelling residential use.

3. In accordance with Government Code section 66333(a), a JADU may only be created on a lot zoned for single-family residences.

B. Height.

1. Except as otherwise provided by subsections 5-2P-5:B.2 and 5-2P-5:B.3 below, a detached ADU created on a lot with an existing or proposed single family or multifamily dwelling unit may not exceed 16 feet in height.

2. A detached ADU may be up to 18 feet in height if it is created on a lot with an existing or proposed single family or multifamily dwelling unit that is located within one-half mile walking distance of a major transit stop or high quality transit corridor, as those terms are defined in Section 21155 of the 65544.00401\42909308.2 6
Public Resources Code, and the ADU may be up to two additional feet in height (for a maximum of 20 feet) if necessary to accommodate a roof pitch on the ADU that is aligned with the roof pitch of the primary dwelling unit.

3. A detached ADU created on a lot with an existing or proposed multifamily dwelling that has more than one story above grade may not exceed 18 feet in height.

4. An ADU that is attached to the primary dwelling may not exceed 25 feet in height or the height limitation imposed by the underlying zone that applies to the primary dwelling, whichever is lower. Notwithstanding the foregoing, ADUs subject to this subsection 5-2P-5:B.4 may not exceed two stories.

5. For purposes of this subsection 5-2P-5:B, height is measured from existing legal grade or the level of the lowest floor, whichever is lower, to the peak of the structure.

C. Fire Sprinklers.

1. Fire sprinklers are required in an ADU if sprinklers are required in the primary residence.

2. The construction of an ADU does not trigger a requirement for fire sprinklers to be installed in the existing primary dwelling.

D. Rental Term. No ADU or JADU may be rented for a term that is shorter than 30 days. This prohibition applies regardless of when the ADU or JADU was created.

E. No Separate Conveyance. An ADU or JADU may be rented, but, except as otherwise provided in Government Code section 66341, no ADU or JADU may be sold or otherwise conveyed separately from the lot and the primary dwelling (in the case of a single-family lot) or from the lot and all of the dwellings (in the case of a multifamily lot).

F. Septic System. If the ADU or JADU will connect to an onsite wastewatertreatment system, the owner must include with the application a percolation test completed within the last five years or, if the percolation test has been recertified, within the last 10 years.

G. Owner Occupancy.

1. ADUs created under this section on or after January 1, 2020 are not subject to an owner-occupancy requirement.

2. As required by state law, all JADUs are subject to an owner-occupancy requirement. A natural person with legal or equitable title to the property must reside on the property, in either the primary dwelling or JADU, as 65544.00401\42909308.2 7
the person’s legal domicile and permanent residence. However, the owneroccupancy requirement in this subsection 5-2P-5:G.2 does not apply if the property is entirely owned by another governmental agency, land trust, or housing organization.

H. Deed Restriction. Prior to issuance of a certificate of occupancy for an ADU or JADU, a deed restriction must be recorded against the title of the property in the County Recorder’s office and a copy filed with the Building Official. The deed restriction must run with the land and bind all future owners. The form of the deed restriction will be provided by the city and must provide that:

1. Except as otherwise provided in Government Code section 66341, the ADU or JADU may not be sold separately from the primary dwelling.

2. The ADU or JADU is restricted to the approved size and to other attributes allowed by this section.

3. The deed restriction runs with the land and may be enforced against future property owners.

4. The deed restriction may be removed if the owner eliminates the ADU or JADU, as evidenced by, for example, removal of the kitchen facilities. To remove the deed restriction, an owner may make a written request of the Director, providing evidence that the ADU or JADU has in fact been eliminated. The Director may then determine whether the evidence supports the claim that the ADU or JADU has been eliminated. Appeal may be taken from the Director’s determination consistent with other provisions of this Code. If the ADU or JADU is not entirely physically removed, but is only eliminated by virtue of having a necessary component of an ADU or JADU removed, the remaining structure and improvements must otherwise comply with applicable provisions of this Code.

5. The deed restriction is enforceable by the director or his or her designee for the benefit of the city. Failure of the property owner to comply with the deed restriction may result in legal action against the property owner, and the city is authorized to obtain any remedy available to it at law or equity, including, but not limited to, obtaining an injunction enjoining the use of the ADU or JADU in violation of the recorded restrictions or abatement of the illegal unit.

I. Rent Reporting. In order to facilitate the city’s obligation to identify adequate sites for housing in accordance with Government Code sections 65583.1 and 66330, the following requirements must be satisfied:

1. With the building-permit application, the applicant must provide the city with an estimate of the projected annualized rent that will be charged for the ADU or JADU.
65544.00401\42909308.2 8

2. Within 90 days after each January 1 following issuance of the building permit, the owner must report the actual rent charged for the ADU or JADU during the prior year. If the city does not receive the report within the 90-day period, the owner is in violation of this Code, and the city may send the owner a notice of violation and allow the owner another 30 days to submit the report. If the owner fails to submit the report within the 30- day period, the city may enforce this provision in accordance with applicable law.

J. Building & Safety.

1. Must comply with building code. Subject to subsection 5-2P-5:J.2 below, all ADUs and JADUs must comply with all local building code requirements.

2. No change of occupancy. Construction of an ADU does not constitute a Group R occupancy change under the local building code, as described in Section 310 of the California Building Code, unless the Building Official makes a written finding based on substantial evidence in the record that the construction of the ADU could have a specific, adverse impact on public health and safety. Nothing in this subsection 5-2P-5:J.2 prevents the city from changing the occupancy code of a space that was uninhabitable space or that was only permitted for nonresidential use and was subsequently converted for residential use in accordance with this section. 5-2P-6: SPECIFIC ADU REQUIREMENTS.

The following requirements apply only to ADUs that require an ADU permit under subsection 5-2P-4:B above.

A. Maximum Size.

1. The maximum size of a detached or attached ADU subject to this subsection 5-2P-6: is 850 square feet for a studio or one-bedroom unit and 1,000 square feet for a unit with two or more bedrooms.

2. An attached ADU that is created on a lot with an existing primary dwelling is further limited to 50 percent of the floor area of the existing primary dwelling.

3. Application of other development standards in this subsection 5-2P-6:, such as FAR or lot coverage, might further limit the size of the ADU, but no application of the percent-based size limit in subsection 5-2P-6:A.2 above or of an FAR, front setback, lot coverage limit, or open-space requirement may require the ADU to be less than 800 square feet. 65544.00401\42909308.2 9
B. Setbacks.

1. ADUs that are subject to this subsection 5-2P-6: must conform to 4-foot side and rear setbacks. ADUs that are subject to this subsection 5-2P-6:
must conform to 50-foot front setbacks, subject to subsection 5-2P-6:A.3 above.

2. No setback is required for an ADU that is subject to this subsection 5-2P6: if the ADU is constructed in the same location and to the same dimensions as an existing structure.

C. Lot Coverage.

1. No ADU subject to this subsection 5-2P-6: may cause the total lot coverage of the lot to exceed 25 percent, subject to subsection 5-2P-6:A.3 above.

2. For purposes of this section 5-2P-6:C:
(a) Lot coverage means percentage of the net area of the lot. (b) “Net area” means the gross area of the lot less those portions of the lot that are designated as, or included in, a road, multiple-driveway easement, or ingress-and-egress easement benefiting another lot. (c) “Coverage” means the ground-floor area within the polygon formed by connecting the corner points of each of the supporting walls or columns of a building in a straight line. Coverage does not include areas beneath roof overhangs.
(d) “Roof overhang” mean that portion of a roof that extends beyond the supporting walls or columns of the structure that the roof covers.

D. Passageway. No passageway, as defined by subsection 5-2P-3:I above, is required for an ADU.
(1) Parking.

1. Generally. One off-street parking space is required for each ADU. The parking space may be provided in setback areas or as tandem parking, as defined by subsection 5-2P-3:L above.

2. Exceptions. No parking under subsection 5-2P-6:D.1 is required in the following situations:
(a) The ADU is located within one-half mile walking distance of public transit, as defined in subsection 5-2P-3:K above. 65544.00401\42909308.2 10
(b) The ADU is located within an architecturally and historically significant historic district.
(c) The ADU is part of the proposed or existing primary residence or an accessory structure under subsection 5-2P-4:A.1 above. (d) When on-street parking permits are required but not offered to the occupant of the ADU.
(e) When there is an established car share vehicle stop located within one block of the ADU.
(f) When the permit application to create an ADU is submitted with an application to create a new single-family or new multifamily dwelling on the same lot, provided that the ADU or the lot satisfies any other criteria listed in subsections 5-2P-6:D.2(a) through (e) above.

3. No Replacement. When a garage, carport, covered parking structure, or uncovered parking space is demolished in conjunction with the construction of an ADU or converted to an ADU, those off-street parking spaces are not required to be replaced.
(2) Architectural Requirements.

4. The materials and colors of the exterior walls, roof, and windows and doors must be the same as those of the primary dwelling.

5. The roof slope must match that of the dominant roof slope of the primary dwelling. The dominant roof slope is the slope shared by the largest portion of the roof.

6. The exterior lighting must be limited to down-lights or as otherwise required by the building or fire code.

7. The ADU must have an independent exterior entrance, apart from that of the primary dwelling.

8. The interior horizontal dimensions of an ADU must be at least 10 feet wide in every direction, with a minimum interior wall height of seven feet.

9. No window or door of the ADU may have a direct line of sight to an adjoining residential property. Each window and door must either be located where there is no direct line of sight or screened using fencing, landscaping, or privacy glass to prevent a direct line of sight.

10. All windows and doors in an ADU less than 30 feet from a property line that is not a public right-of-way line must either be (for windows) 65544.00401\42909308.2 11
clerestory with the bottom of the glass at least six feet above the finished floor, or (for windows and for doors) utilize frosted or obscure glass. (3) Landscape Requirements. Evergreen landscape screening must be planted and maintained between the ADU and any public right-of-way as follows:

11. At least one 15-gallon size plant must be provided for every five linear feet of exterior ADU wall. Alternatively, at least one 24” box size plant must be provided for every ten linear feet of exterior ADU wall.

12. Plant specimens must be at least six feet tall when installed. As an alternative, a solid fence of at least six feet in height may be installed.

13. All landscaping must be drought-tolerant.
(4) Allowed Stories. No ADU subject to this subsection 5-2P-6: may have more than one story, except that an ADU that is attached to the primary dwelling may have the stories allowed under subparagraph 5-2P-5:B.4 of this section. 5-2P-7: FEES. THE FOLLOWING REQUIREMENTS APPLY TO ALL ADUS THAT ARE APPROVED UNDER SUBSECTIONS 5-2P-4:A OR 5-2P-4:B ABOVE.

A. Impact Fees.

1. No impact fee is required for an ADU that is less than 750 square feet in size. For purposes of this subsection 5-2P-7:A, “impact fee” means a “fee” under the Mitigation Fee Act (Gov. Code § 66000(b)) and a fee under the Quimby Act (Gov. Code § 66477). “Impact fee” here does not include any connection fee or capacity charge for water or sewer service.

2. Any impact fee that is required for an ADU that is 750 square feet or larger in size must be charged proportionately in relation to the square footage of the primary dwelling unit. (E.g., the floor area of the ADU, divided by the floor area of the primary dwelling, times the typical fee amount charged for a new dwelling.)
B. Utility Fees.

1. The City defers to utility providers as to whether a direct utility connection is required for an ADU or JADU and, if so, what fee or charge is owed.

2. A complete application to the City for an ADU or JADU must include, among other things, a pre-application clearance letter from each utility provider indicating whether a direct utility connection is required and, if so, the amount of any connection fee or capacity charge that the City must collect.
65544.00401\42909308.2 12
5-2P-8: NONCONFORMING ZONING CODE CONDITIONS, BUILDING CODE VIOLATIONS, AND UNPERMITTED STRUCTURES.

A. Generally. The city will not deny an ADU or JADU application due to a nonconforming zoning condition, building code violation, or unpermitted structure on the lot that does not present a threat to the public health and safety and that is not affected by the construction of the ADU or JADU.

B. Unpermitted ADUs and JADUs constructed before 2020.

1. Permit to Legalize. As required by state law, the city may not deny a permit to legalize an existing but unpermitted ADU or JADU that was constructed before January 1, 2020, if denial is based on either of the following grounds:
(a) The ADU or JADU violates applicable building standards, or (b) The ADU or JADU does not comply with state ADU or JADU law or this ADU ordinance (section NN.NNN).

2. Exceptions:
(a) Notwithstanding subsection 5-2P-8:B.1 above, the city may deny a permit to legalize an existing but unpermitted ADU or JADU that was constructed before January 1, 2020, if the city makes a finding that correcting a violation is necessary to comply with the standards specified in California Health and Safety Code section 17920.3.
(b) Subsection 5-2P-8:B.1 above does not apply to a building that is deemed to be substandard in accordance with California Health and Safety Code section 17920.3.

Eniko Gold, Mayor
Larry G. Weber, Mayor Pro Tem
Joe Loggia, Council Member
Laura McCorkindale, Council Member
Adam Wasserman, Council Member

TO: Honorable Mayor and City Council
FROM: Gloria Molleda, Interim City Manager
BY: Deana L. Gonzalez, CMC, City Clerk
DATE: December 9, 2024
SUBJECT: RECEIVE AND REVIEW THE HIDDEN HILLS COMMUNITY ASSOCIATION BOARD OF DIRECTORS MEETING FOR OCTOBER 15, 2024

BACKGROUND

The Hidden Hills Community Association's mission is to create and maintain a distinctive, rural equestrianbased environment with community-based environment with community-oriented events and gathering places, be responsive to the community's needs, and provide open homeowner communications and neighborhood connections. The Governing Body and Management Team of the Hidden Hills Community Association commits to the following values: personal integrity & honesty, productivity, teamwork, respect and service to others.

DISCUSSION
Every month, the HHCA's Board of Directors has a meeting consisting of elected board members, staff members, committee members and residents. The monthly minutes provide information and updates on items of interest.

FISCAL IMPACT
There is no fiscal impact to receiving and filing this summary report.

RECOMMENDATION
It is recommended that the City Council receive and review the attached HHCA Board of Directors Minutes for October 15, 2024. If the City Council concurs, an appropriate motion would be:

ATTACHMENT

1. HHCA Board of Directors Minutes for October 15, 2024 Hidden Hills Community Association | General Session Minutes | October 15, 2024

BOARD OF DIRECTORS MEETING
TUESDAY, OCTOBER 15, 2024 – 6:30 P.M. | Meeting held via Zoom Video Conference

GENERAL SESSION MINUTES

1. CALL TO ORDER
The General Session meeting of the Hidden Hills Community Association Board of Directors was called to order at 6:34 P.M. by President, John McGinnis. In accordance with the California Civil Code, the agenda was posted at least four days prior to the meeting.

DIRECTORS PRESENT DIRECTORS ABSENT
John McGinnis, President Joe Bellissimo, Director
Eric Epstein, Vice-President
John Heubusch, Secretary
Kenny Hawk, Treasurer (Joined meeting at 6:50 P.M.)
Howard Tenenbaum, Director (Joined meeting at 6:60 P.M.) Jeffrey Gersh, Director

HHCA MANAGEMENT/STAFF
Erin Tudron, General Manager
Stefany Tristan, Operations Manager
Karen Liebrecht, Administration Manager

2. EXECUTIVE SESSION SUMMARY
The Board of Directors met in Executive Session on Tuesday, October 1, 2024 to discuss some, or all, of the items related to the following: 1) litigation or potential litigation; 2) matters relating to the formation of contracts with third parties; 3) member discipline and/or delinquency, including payment plan requests; 5) personnel matters; and/or 6) approval of Executive Session minutes.

3. GENERAL SESSION MINUTES APPROVAL
The Board of Directors reviewed the draft General Session meeting minutes dated September 19, 2024.

Motion: Epstein
Second: Heubusch
Resolution: The Board of Directors approved the General Session meeting minutes dated September 19, 2024, as presented.

The motion carried unanimously.

Docusign Envelope ID: A0769C5D-BCD4-46B7-941F-378EBCF22795 Hidden Hills Community Association | General Session Minutes | October 15, 2024

4. FINANCIAL REPORT
a. September 2024 Financial Statement
Treasurer Kenny Hawk provided a verbal report on the current operating budget and presented the September 2024 financial statement for review and acceptance by the Board.

Motion: Tenenbaum
Second: Heubusch
Resolution: The Board of Directors approved and accepted the September 2024 financial statement as presented, subject to audit.

The motion carried unanimously.
b. 2023/2024 FYE Draft Audit
The Board of Directors reviewed the 2023/2024 FYE Draft Audit prepared by Porter & Lasiewicz CPAs.

Motion: Hawk
Second: McGinnis
Resolution: The Board of Directors approved and accepted the 2023/2024 FYE Audit prepared by Porter & Lasiewicz, as presented. The audit report will be finalized and prepared for membership distribution.

The motion carried unanimously.

5. COMMITTEE REPORTS
a. Architectural Committee – Robert Mahterian, Chair
The Committee reported on the September Architectural Committee meeting that was held on Wednesday, September 25, 2024. The next meeting is scheduled for Wednesday, October 23, 2024. There are 25 complete project submittals that have been submitted for architectural review.
b. Community Facilities Committee – Nanette Klein, Chair The Committee reported on the feedback from the focus group held on Tuesday, October 1, 2024 regarding the proposed remodel of the community center and other Association facilities. The feedback is helping the Committee formulate recommendations for a master plan for the Board of Directors’ consideration.
c. Equestrian Services Committee – Esther Cooney, Chair The Committee reported that the footing repair work at the Lewis and Clark arena is near completion. The Committee also reported on the progress of the new trail maintenance program with JR Construction. Drainage issues are being addressed as they move through the trail system. Homeowners were reminded to ensure that their hedges and trees are Docusign Envelope ID: A0769C5D-BCD4-46B7-941F-378EBCF22795 Hidden Hills Community Association | General Session Minutes | October 15, 2024 trimmed back from the 3-rail fences along the bridle trails. The next ESC meeting will be held on Wednesday, October 16, 2024 at 7:00pm.
d. Gate Operations Committee – Deb Seror, Chair
No report.
e. Landscape Committee – Lynne Burns, Seed Landcare
Lynne Burns from Seed Landcare was in attendance to provide a brief report on preparations for the rainy season, including the delivery of sandbags on November 1, 2024. New mulch has been ordered for the Spring Valley play area and the Association currently has 50 Pepper trees in the nursery ready for planting.
f. Parks and Recreation Committee – Leslie Bacon, Chair The Committee reminded everyone that this week Movie Night is scheduled for Friday, October 18, 2024 and the annual Halloween Party is scheduled for Saturday, October 19, 2024. The Committee is working on planning another Bunco Game Night, as well as some holiday events, including Ugly Sweater Karaoke. The Committee’s next meeting is scheduled for Wednesday, November 13, 2024 at 11:00am.
g. Technology Committee – Eric Epstein, Chair/Board Liaison The Committee reported that following the completion of the Spring Valley Wi-Fi expansion project, which was successfully up and running in time for Fiesta, the HH Resident Secured Wi-Fi network is now available all three gatehouse locations. h. Theatre Committee – Nadine Levitt, Co-Chair
The Committee reported on the success of the Motown Show featuring Mark Miller held on October 5, 2024. Upcoming events include “Magic of the Holidays” on Saturday, November 9, 2024 featuring opera and mentalism, and the Jaxx children’s production of the “The Wizard of Oz” with performances scheduled for November 15th and 16th. The Committee is also working on planning a holiday carling event, as well as update rules for the use and cleanliness of the Community Theater. The Committee’s next meeting is scheduled for Monday, November 4, 2024 at 10:00am.
i. Report on City Council Meeting – John McGinnis, Board Liaison Board liaison John McGinnis reported on the City Council meeting that took place on October 15, 2024. The City has received funding and is working with the Los Angeles Emergency Preparedness Foundation to install two fire cameras on the Ahmanson. The annexation of “Craftsman’s Corner” from the City of Calabasas into the City of Hidden Hills has been approved. A Memorandum of Understanding between Calabasas and Hidden Hills has been executed for Hidden Hills residents to have full access to library services in perpetuity. SoCal Edison will be replacing wires and conductors on the electrical poles to reduce the risk of spark and help mitigate fire concerns.

Docusign Envelope ID: A0769C5D-BCD4-46B7-941F-378EBCF22795 Hidden Hills Community Association | General Session Minutes | October 15, 2024

6. HOMEOWNER OPEN FORUM
In lieu of prior standard Homeowner Forum, members were given an opportunity to comment on agenda items, prior to each agenda item being discussed. The time limit for each homeowner is 3 minutes. All comments pertaining to non-agenda related items were held later in the meeting.

Members in attendance provided input on the following agenda items during open forum:
• Halloween

7. UNFINISHED BUSINESS/NEW BUSINESS
a. Committee Appointment: Landscape Committee, Chair
This item was added to the agenda for the Board of Directors to review and discuss the proposed appointment of a new Committee Chair to the Landscape Committee. Since this item had been added to the agenda the Association received the resignation of two other committee members, Nanette Walden and Katy Roth. The Committee currently has one remaining member, Melissa Wallace.

Resolution: No action taken. This item has been tabled and a Call for Committee Members will go out to the Community following the recent resignations of Nanette Walden and Katy Roth.
b. Proposal: Theater Equipment – Audio & Lighting Replacement The Board of Directors reviewed and discussed the Guitar Center proposal presented by the Theatre Committee for the proposed replacement of the audio and lighting system in the community center theater, as well as upgrading to LED bulbs. The total cost for this project, including installation, is $119,000 and is in budget.

Motion: Heubusch
Second: Hawk
Resolution: The Board of Directors approved the proposal from Guitar Center for the replacement of the audio and lighting system in the community theater, including LED bulb upgrades, for the total amount of $119,000.00, as presented.

The motion carried unanimously.
c. Insurance Policy Renewal – Workers Compensation
The Board of Directors reviewed and discussed the proposed renewal of the Association’s Workers’ Compensation Policy, effective October 22,2024 to October 22, 2025. There are no proposed changes to the existing policy in terms of coverage or limits. The renewal rate is $378.00.

Motion: Hawk
Second: McGinnis
Docusign Envelope ID: A0769C5D-BCD4-46B7-941F-378EBCF22795 Hidden Hills Community Association | General Session Minutes | October 15, 2024 Resolution: The Board of Directors approved the renewal of the Association’s Workers’ Compensation Policy, effective October 22, 2024 to October 22, 2025, as presented.

The motion carried unanimously.
d. 2024 Community Wide Road Repair Project
This item was added to the agenda for the Board of Directors to update the community on the 2024 Community Wide Road Repair project. At the October 1, 2024 Executive Session meeting the Board of Directors voted to change vendors and approved executing a contract with Champion Paving Services at a total cost of $757,963.00. The scheduled work is tentatively scheduled to begin Monday, November 18, 2024.

Resolution: No action taken. Reviewed and filed.
e. Emergency Resolution: Halloween Rules
The Board of Directors reviewed and discussed the proposed Resolution to pass Emergency Halloween Rules to address gate entry and traffic procedures on Halloween night.

Motion: McGinnis
Second: Hawk
Resolution: The Board of Directors approved the Resolution to pass Emergency Halloween Rules to address gate entry and traffic procedures on Halloween night, as presented. The rules are effective immediately, for 120 days from and after the date of the Resolution.

The motion carried unanimously.
f. Architectural Variance Review:
1) 5818 Clear Valley Rd
The Board of Directors reviewed and discussed the architectural variance application presented for 5818 Clear Valley Rd. The homeowner is seeking a variance to keep existing non-conformities pertaining to the existing main residence and roof. The Architectural Committee recommends approval of this variance request. Affected neighbors received the required Notice of Variance Application. No comments were submitted in response to the notice.

Motion: Hawk
Second: Tenenbaum
Resolution: The Board of Directors approved the architectural variance application 5818 Clear Valley Rd, as presented.

Docusign Envelope ID: A0769C5D-BCD4-46B7-941F-378EBCF22795 Hidden Hills Community Association | General Session Minutes | October 15, 2024 The motion carried unanimously.
g. Encroachment Permits Issued:

The Board of Directors reviewed the following encroachment permits issued by management:

ENCROACHMENT PERMITS
Name Address Project Filed Issued Permit No.

Jonathan Siegler 5339 Round Meadow
Rd
Access trail for tree trimming 9/9/2024 9/10/2024 1356
SoCal Gas 24878 Long Valley Rd Issued, but then cancelled work 9/12/2024 9/12/2024 1357 SoCal Gas 5382 Scott Robertson
Rd
Gas Service Abandonment 9/17/2024 9/17/2024 1358
SoCal Gas 5831 Fitzpatrick Rd Gas Service Abandonment 9/17/2024 9/17/2024 1359 Edison 25151 Jim Bridger Rd Crews to access existing structures to pull in cable and upgrade equipment
9/18/2024 9/18/2024 1360
Edison 24566 Wingfield Rd Crews to access 1 existing pole to replace equipment
9/19/2024 9/19/2024 1361
All Terrain
Landscaping Inc.
25146 Eldorado
Meadow Rd
Remove and install new parkway
drain
9/25/2024 9/25/2024 1362
J&J Contracting 25139 Jim Bridger Rd Access trail for fence repair & store trash bin on street for 1 week
9/30/2024 9/30/2024 1363
City of Hidden
Hills
Little Hollow Rd Underground 4 telephone poles in
existing bridle trail
10/1/2024 10/1/2024 1364
Resolution: No action taken. Reviewed and filed.
h. Directors Topics
On behalf of the Community Facilities & Buildings Committee, Kenny Hawk (Treasurer and Board Liaison) requested the Board of Directors' consideration to approve $4,000.00 for the preparation of renderings and elevations for the proposed remodel of the community center to aid in further project evaluation.

Motion: Heubusch
Second: Tenenbaum
Docusign Envelope ID: A0769C5D-BCD4-46B7-941F-378EBCF22795 Hidden Hills Community Association | General Session Minutes | October 15, 2024 Resolution: The Board of Directors approved the requested $4,000.00 for the preparation of renderings and elevations for the proposed remodel of the community center, as requested.

The motion carried unanimously.

8. HOMEOWNER FORUM
Members in attendance provided input on the following non-agenda items during open forum:
• No Comments.

9. MANAGEMENT REPORT
General Manager Erin Tudron reported on the following topics:
• The replacement of the Community Center parking lot was successfully completed by Champion Paving on September 10, 2024. Champion Paving will return to the community next month to apply the final seal to the parking lot in conjunction with the 2024 community-wide road repairs. This project was approved by the Board of Directors at the May 21, 2024 General Session meeting at a total cost of $95,320. • The Spring Valley Wi-Fi expansion project was successfully completed and active for Fiesta. This project was approved by the Board of Directors at the April 16, 2024 General Session meeting with a not-to-exceed budget of $25,000. The work was performed by Tech Judge, Inc with the project total coming in at $16,000. Additionally, the secured WiFi network has been expanded to all 3 gatehouse locations. The password is “happytrails”.
• The resurfacing of the Spring Valley tennis and pickleball courts are complete and the courts are open for use. This project was completed by TD Sports at a total cost of $49,000.
• With the vendor change from IPS to Champion Paving, the work for the 2024 community wide road repairs is scheduled to take place from November 18th to 22nd and December 2nd to 13th, with no work planned for the week of Thanksgiving. All pertinent notifications on the schedule of construction work, timeline and information for affected residents will be sent out accordingly.
• The replacement of the footing at the Lewis and Clark arena is underway and is expected to be completed by the end of next week. This project was approved by the Board of Directors at the July 16, 2024 General Session meeting and is being performed by Footings West. The total approved cost of the project is $55,750. • Jed Smith Slope Failure: Geo Soils and Epoch have completed the approved geological inspection and site survey to address the 2 slope failures. This work was approved by the Board of Directors at the August 20, 2024 General Session meeting. The inspection reports are complete, and Epoch is now preparing the repair plan for bidding. • The first phase of the annual trail maintenance plan with JR Construction commenced on September 30, 2024, and work on the trails is progressing well. As a reminder, the Association kindly asks all homeowners to ensure their landscapers inspect the perimeters of their properties to confirm that no vegetation is encroaching onto the bridle trails or hanging over the 3-rail fences. Homeowners that need to address such Docusign Envelope ID: A0769C5D-BCD4-46B7-941F-378EBCF22795 Hidden Hills Community Association | General Session Minutes | October 15, 2024 vegetation have been notified by the office. We appreciate everyone’s cooperation in maintaining the beauty and safety of our trails.
• The HHCA Annual Director Election is scheduled for Tuesday, January 21, 2025. The Inspector of Elections mailed out the official Candidate nomination forms to the membership on September 20, 2024. Candidate nomination forms and statements must be submitted to the Inspector of Elections, Correct Elect, no later than October 23, 2024. • The 2024/2025 Annual Assessment invoices were sent out on October 7, 2024 via email and U.S. Mail. The due date by which all annual assessments must be paid is November 10th. All unpaid assessments will be considered delinquent if not received, post marked or brought into the management office by December 10th and subject to the Association’s Collection Policy.
• As a part of our ongoing efforts to maintain the aesthetic and safety standards of our community, we kindly remind residents to inspect and address any necessary repairs or maintenance on their properties, including:
− Repairing and painting 3-rail fences to ensure they are in good condition and consistent with community guidelines.
− Replacing faded or damaged name signs to maintain clear identification of your property.
− Repairing or replacing mailboxes that are faded, rusted, or damaged.

10. NEXT MEETING DATE
The next General Session meeting of the HHCA Board of Directors is scheduled for Tuesday, November 19, 2024 at 6:30 P.M. via Zoom Video Conference.

11. ADJOURNMENT
There being no further business to conduct in General Session, the meeting was adjourned at 8:15 P.M.

ATTEST:
______________________________ _____________________________ Signature Approved Date
Docusign Envelope ID: A0769C5D-BCD4-46B7-941F-378EBCF22795 11/20/2024
Eniko Gold, Mayor
Larry G. Weber, Mayor Pro Tem
Joe Loggia, Council Member
Laura McCorkindale, Council Member
Adam Wasserman, Council Member

TO: Honorable Mayor and City Council
FROM: Gloria Molleda, Interim City Manager
BY: Dirk Lovett, City Engineer
DATE: December 9, 2024
SUBJECT: CITY ENGINEERING AND COMMUNITY DEVELOPMENT MONTHLY REPORT

BACKGROUND
The City Council requested a monthly report to provide updates on major departmental projects.

DISCUSSION
This monthly report provides information and updates on active City Engineering and Community Development projects that either the Council has requested information on or that staff members feel would be of interest.

FISCAL IMPACT
There is no fiscal impact to receiving and filing this report.

RECOMMENDATION
This report is for informational purposes only. It is recommended that the City Council receive and file the attached report. If the City Council concurs, an appropriate motion would be:
"I move to receive and file the City Engineering and Community Development Monthly Report."

ATTACHMENTS

1. Monthly Report – Through the End of November 2024
City Engineering/Community Development
Monthly Report
Through The End Of November 2024
Project/Program Current Status

1. Long Valley Entrance
Improvement Project –
Measure R
The City Council awarded the phase 1 (parking lot) construction bid to CS Legacy on September 28, 2023. Construction began on November 1, 2023. Work has been completed and a ribbon cutting ceremony was held on September 3, 2024. A Notice of Completion was approved by the City on 11/12/24 and the contractor is currently maintaining the landscaping during the required 90 day maintenance period. Phase 2 is still in design and plan review with Caltrans and the City of LA. Staff has been working on an agreement with Boething Treeland regarding the necessary right of way, required by the City of LA. Last week, staff was informed that Boething Treeland has been sold. The Boething Treeland Nursery will continue to operate at the site under a rental agreement. Bruce Pherson from Boething Treeland stated that he has informed the new owners of the right of way situation and that they have expressed their support. Staff will now be working with the new owners.

2. Overhead Power Lines
Undergrounding
Construction on the Little Hollow undergrounding project began on November 4. The City’s contractor has completed the majority of their work which includes trench, conduit, pull boxes, a retaining wall, and a cabinet. The remaining work is to be done by each utility company, which will pull their wires, install all electronics, and make all connections prior to the removal of poles. They have not provided their schedules yet but this work usually takes a several weeks up to a couple months. SCE completed the
preliminary design work for the Jed Smith Road undergrounding project, between Fitzpatrick and Kit Carson Road. Staff reviewed and provided comments on the draft plans to SCE. SCE is working on the final design.

3. Citywide Fiber No Change - At its meeting of April 8, 2024, the City Council rejected construction bids and terminated the City’s fiber to homes project. Staff continues to work with the Las VirgenesMalibu COG on an underground fiber network that can be used to interconnect emergency and essential services, City Halls, libraries, schools, and allow effective traffic management and control between the 5 COG cities.

4. 24314 Long Valley Road No Change - A demolition permit for a single-family residential building was issued on November 21, 2018. A grading permit was issued on April 8, 2019. The lot was subsequently sold. Revised grading and building plans were submitted to the City by the new owner. A new grading permit was issued on January 7, 2022 and a new building permit was issued on February 11, 2022.

City Engineering Monthly Report
December 9, 2024

Page 2 of 3 ends

Construction recommenced in April 2022. Building construction is ongoing.

5. Housing Element No Change - City consultant John Douglas prepared and submitted a draft Housing Element update for the 2021-2029 planning period to HCD in November 2021, and again in April of 2023. While HCD stated that the drafts addressed many statutory requirements, revisions were still necessary. Jon Douglas subsequently retired. On September 11, 2023 the Council entered into an agreement with consultant Kimley-Horn to complete the Housing Element. Kimley-Horn addressed HCD’s comments and resubmitted a draft to HCD in April 2024. HCD responded in June that there are still some items remaining to be addressed. KimleyHorn has subsequently met with HCD and is following up with City staff and the City Council ad hoc committee regarding proposed options and revisions.

6. Mureau Road Landscaping The City Council approved a conceptual plan and selected L.

Newman Design Group to design landscaping improvements at the northeast and northwest corners of the Round Meadow Road/Mureau Road intersection. Design work was roughly 50% complete. The HHCA Landscape Committee subsequently
requested revisions to the design concept. At its meeting of May 24, 2021, the City Council directed the landscape designer to work with the HHCA Landscape Committee and Camille MugrdechianArmen (MA Studios) in preparing alternative concepts and profile renderings. The Council subcommittee has subsequently directed staff to terminate the City’s agreement with L Newman, and to request a proposal from MA Studios for the design work. MA Studios and City staff are currently working on the proposal and agreement. As portions of this landscaping are not on City property, staff will continue to work with the School District and the County of Los Angeles to obtain permits and easements. At the direction of the Fire Department, the gazebo and all redwood furniture has been removed from the site.

7. Commercial and
Affordable Housing
Development Standards
No Change - City staff is working with the City’s planning consultant on the development of standards for affordable housing, and updating the Commercial development standards.

Work is on hold until HCD approves the City’s Housing element.

8. General Plan Update No Change - City staff is working with the City’s planning consultant on the City’s General Plan Update. Work is on hold until HCD approves the City’s Housing element.

9. 24877 Old Eldorado
Meadow Road
No Change - This is one of the properties that has high pressure gas lines running through it. Following review and approval from the Gas Company and the City, permits were issued for building City Engineering Monthly Report
December 9, 2024

Page 3 of 3 ends

demolition, grading, and a building permit for new single family residence (April 2024). Construction is ongoing. For safety purposes, SCG is required to be on site for any work withing 10’ of the high pressure gas lines.

10. 5949 Spring Valley Road The HHCA, City, and SCG have reviewed and approved grading plans for a new single family residence at 5949 Spring Valley Road.

This is a vacant lot with two high pressure gas lines traversing it. SCG has provided their requirements for all work within the vicinity of the gas lines. A SCG inspector is required to be on site during any work within their easement. The builder has yet to pull a grading permit and there is no schedule to begin work.

11. Boething Treeland
Equestrian and Pedestrian
Trail Agreements
No Change - Boething Treeland’s application to the City of LA for a mixed use development project remains active. Plans on the City of LA’s website indicate that the mitigation and excess parcels on the site (previously agreed to remain undeveloped) are not currently proposed for building construction. The City of Hidden Hills continues to work with the City of LA to resolve unspent funds for proposed trails.

Note: Any changes to projects that were listed in last month’s report are highlighted.

Eniko Gold, Mayor
Larry G. Weber, Mayor Pro Tem
Joe Loggia, Council Member
Laura McCorkindale, Council Member
Adam Wasserman, Council Member

TO: Honorable Mayor and City Council
FROM: Gloria Molleda, Interim City Manager
BY: Deana L. Gonzalez, CMC, City Clerk
DATE: December 9, 2024
SUBJECT: RECEIVE AND FILE THE LAS VIRGENES MALIBU COUNCIL OF GOVERNMENTS (LVMCOG) SUMMARY REPORT FOR NOVEMBER 19, 2024

BACKGROUND

The Las Virgenes – Malibu Council of Governments (COG), formed in 1999, is a Joint Powers Authority of the cities of Hidden Hills, Agoura Hills, Calabasas, Malibu, and Westlake Village. Through the COG, the cities cooperatively and voluntarily work together to address regional priorities and matters of mutual interest. The COG is governed by an elected official from each of the member cities. The representative from Hidden Hills is Mayor Gold.

DISCUSSION
Every month, the COG has a meeting consisting of elected officials, member cities' staffs, and Executive Director Terry Dipple. This monthly report provides information and updates on items of interest.

FISCAL IMPACT
There is no fiscal impact to receiving and filing this summary report.

RECOMMENDATION
It is recommended that the City Council receive and file the attached LVMCOG Summary Report for November 19, 2024. If the City Council concurs, an appropriate motion would be:

ATTACHMENT

1. LVMCOG Summary Report for November 19, 2024
Summary of November 19, 2024, Las Virgenes-Malibu COG Meeting Information Items:

The Executive Director’s Report highlighted the following:
• 2025 Homeless Count – The COG is going to work with LAHSA on the 2025 Homeless Count. The date is Tuesday, January 21, 2025, 7:00 PM, at Calabasas Senior Citizens Center. The executive director is going to act as the site coordinator again this year.
• Zero Bail Update – In response to a request from the Governing Board, David Slayton, CEO of LA County Superior Court will present an update on the program at the January 2025 COG meeting.
• Metro Olympic Meeting – The executive director noted that he participated in the Metro After Paris Action meeting in October and the Governing Board expressed interest in forming an Olympics subcommittee on the 28 Olympics.

Action Items:
• The Governing Board unanimously approved the final design engineering on the COG’s Regional Smart Cities Fiber Network and authorized the executive director to go out to bid on the project. It is anticipated bids will be due January 31, 2025, and it would come back to the Governing Board in February for action.
• The Governing Board unanimously approved a recommendation from Supervisor Horvath to allocate $2 million in LA County Measure M funds for “quick-build” round-abouts on PCH at El Matador State Beach and Encinal Canyon Road to address pedestrian safety and speed.

Eniko Gold, Mayor
Larry G. Weber, Mayor Pro Tem
Joe Loggia, Council Member
Laura McCorkindale, Council Member
Adam Wasserman, Council Member

TO: Honorable Mayor and City Council
FROM: Gloria Molleda, Interim City Manager
BY: Theresa Hernandez, Accountant
DATE: December 9, 2024
SUBJECT: RESCIND RESOLUTION NO. 846 APPROVING AND ADOPTING A FUND BALANCE POLICY

BACKGROUND
In 2012, the City adopted a Fund Balance Policy following the implementation of GASB Statement No. 54.

This policy introduced five classifications for fund balance reporting: Nonspendable, Restricted, Committed, Assigned, and Unassigned. It also delegated authority to the City Manager and City Treasurer to assign fund balances for specific purposes. This policy served to provide clearer reporting and improve transparency regarding the constraints placed on the City’s resources.

However, following further review and in response to evolving financial management practices, a new General Fund Fiscal Reserve Policy was adopted in June 2024. The newly adopted policy provides a more structured approach to managing reserves and aligns with current financial best practices, providing better clarity and operational flexibility than the previous fund balance classifications.

DISCUSSION
The adoption of the General Fund Fiscal Reserve Policy makes the 2012 Fund Balance Policy obsolete. To streamline financial management and ensure consistency with updated standards, the 2012 policy should be rescinded in favor of the new fiscal reserve approach.

FISCAL IMPACT
There is no fiscal impact resulting from the rescinding of the 2012 Fund Balance Policy. This action merely removes the outdated policy from the City’s official records and replaces it with the new 2024 policy.

RECOMMENDATION
Staff recommends that the City Council rescind Resolution No. 846 Approving and Adopting a Fund Balance Policy. If the City Council concurs, an appropriate motion would be:

Rescind Resolution No. 846 Adopting a Fund Balance Policy

Page 2 ends

“I move to rescind Resolution No. 846 Approving and Adopting a Fund Balance Policy and Authorizing the City Manager and/or City Treasurer to Assign a Fund Balance to a Specific Purpose in Relation to This Fund Balance Policy.”

ATTACHMENTS

1. Resolution No. 846 – Adopting a Fund Balance Policy

2. Resolution No. 1031 – Adopting a General Fund Reserve Policy RESOLUTION NO. 1037
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HIDDEN HILLS RESCINDING RESOLUTION NO. 846 WHICH APPROVED AND ADOPTED A FUND BALANCE POLICY AND AUTHORIZED THE CITY

MANAGER AND/OR CITY TREASURER TO ASSIGN FUND BALANCE TO A SPECIFIC PURPOSE IN

RELATION TO THAT FUND BALANCE POLICY
A. On September 12, 2012, the City Council adopted a Fund Balance Policy based on GASB Statement No. 54, establishing five fund balance classifications (Nonspendable, Restricted, Committed, Assigned, and Unassigned) to improve financial transparency and delegating authority to the City Manager and City Treasurer to assign specific purposes for fund balances; B. A new General Fund Fiscal Reserve Policy was adopted in June 2024, which makes the 2012 Fund Balance Policy obsolete.

NOW, THEREFORE, the City Council of the City of Hidden Hills hereby finds, resolves, and determines as follows:

SECTION 1. The recitals set forth above are true and correct and incorporated herein as if set forth in full.

SECTION 2. Based upon the foregoing, the City Council for the City of Hidden Hills hereby rescinds Resolution No. 846.

PASSED, APPROVED AND ADOPTED this 9
th day of December 2024.

Eniko Gold, Mayor
ATTEST:
______________________________________
Deana L. Gonzalez, CMC, City Clerk
ATTACHMENT 1

ATTACHMENT 2

RESOLUTION NO. 1037
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HIDDEN HILLS RESCINDING RESOLUTION NO. 846 WHICH APPROVED AND ADOPTED A FUND BALANCE POLICY AND AUTHORIZED THE CITY

MANAGER AND/OR CITY TREASURER TO ASSIGN FUND BALANCE TO A SPECIFIC PURPOSE IN

NOW, THEREFORE, the City Council of the City of Hidden Hills hereby finds, resolves, and determines as follows:

SECTION 1. The recitals set forth above are true and correct and incorporated herein as if set forth in full.

SECTION 2. Based upon the foregoing, the City Council for the City of Hidden Hills hereby rescinds Resolution No. 846.

PASSED, APPROVED AND ADOPTED this 9th day of December 2024.

Eniko Gold, Mayor
ATTEST:
______________________________________
Deana L. Gonzalez, CMC, City Clerk
ATTACHMENT 3
Eniko Gold, Mayor
Larry G. Weber, Mayor Pro Tem
Joe Loggia, Council Member
Laura McCorkindale, Council Member
Adam Wasserman, Council Member

TO: Honorable Mayor and City Council
FROM: Gloria Molleda, Interim City Manager
DATE: December 9, 2024
BY: Dirk Lovett, City Engineer
SUBJECT: INTRODUCTION AND FIRST READING OF ORDINANCE NO. 393 ADDING A NEW SECTION 4-3-6 TO TITLE 4, CHAPTER 3 OF THE CITY OF HIDDEN HILLS MUNICIPAL

CODE RESTRICTING ENUMERATED ACTIVITIES WHEN RED FLAG WARNINGS ARE

ISSUED, AND FINDING THE ACTION TO BE STATUTORILY EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA) UNDER SECTION 21080.17 OF

THE PUBLIC RESOURCES CODE

BACKGROUND
Following the recent fires in Los Angeles and Ventura Counties, the Hidden Hills City Council at its November 12, 2024 meeting, directed staff to prepare an ordinance that would prohibit activities that could be conducive to igniting fires during red flag warnings.

The National Weather Service monitors wind and humidity conditions and issues red flag warnings on days when there is a high risk of brush fires due to: 1) low relative humidity (15% or less), and either high wind velocity (25 MPH or more) or frequent gusts of 35 MPH or greater; 2) low relative humidity (10% or less), and either high wind velocity (15 MPH or more) or frequent gusts of 25 MPH or greater; 3) widespread and/or significant dry lightning; or 4) other forecaster discretion in coordination with the Southern California Geographic Area Coordination Center or other local agency in light of unusual but significant meteorological and/or fuel conditions.

DISCUSSION
In coordination with the Los Angeles County Fire Department, staff has prepared Ordinance No. 393 (attached) which restricts activities any time a red flag warning is issued by the National Weather Service.

These activities include:

1. The use of portable outdoor barbecue grills.

2. The use of any outdoor fire pits, fireplaces, or any outdoor fire of any kind for any purpose.

Ordinance Restricting Enumerated Activities When Red Flag Warnings are Issued

Page 2 ends

3. Any outdoor activity that could cause a spark or flame.

4. The use of gasoline or propane powered equipment for home or property maintenance or repair (e.g. mowers, weed eaters, chainsaws, welders, and generators).

5. Outdoor smoking of tobacco, cannabis or any other inhalable product.

6. Parking vehicles over dry grass or vegetation.

Under California Public Resources Code section 21080.17, CEQA does not apply to the adoption of an ordinance by a city or county restricting activities that could be conducive to igniting fires during red flag warnings. Therefore, the adoption of the proposed ordinance is statutorily exempt from CEQA in that it implements state ADU law.

FISCAL IMPACT
There is no fiscal impact to the City of Hidden Hills.

RECOMMENDATION
It is staff’s recommendation that the City Council:

Waive full reading and introduce Ordinance No. 393 for first reading and consideration.

Open the public hearing, receive public testimony, close the public hearing, and by motion:

1. Find that the adoption of the proposed ordinance is statutorily exempt from CEQA review under Public Resources Code section 21080.17.

2. Approve Ordinance No. 393 to be brought back for second reading and adoption.

If the Council concurs, an appropriate motion would be:
“I move that the City Council:

1. Find that the adoption of proposed Ordinance No. 393 is statutorily exempt from CEQA review under Public Resources Code section 21080.17.

2. Waive full reading of Ordinance No. 393, restricting enumerated activities when red flag warnings are issued, and approve the Ordinance to be brought back for second reading and adoption.

ATTACHMENTS
Ordinance No. 393

ORDINANCE NO. 393

AN ORDINANCE OF THE CITY OF HIDDEN HILLS, CALIFORNIA, ADDING A NEW SECTION 4-3-6 TO TITLE 4, CHAPTER 3 OF THE HIDDEN HILLS MUNICIPAL CODE RESTRICTING

ENUMERATED ACTIVITIES WHEN RED FLAG WARNINGS ARE ISSUED AND FINDING THE

ACTION EXEMPT FROM CEQA

The Hidden Hills City Council does hereby ordain as follows:

SECTION 1. The City is located in a designated Very High Fire Hazard Severity Zone as recommended by the Director of the California Department of Forestry and Fire Protection, making it susceptible to catastrophic fires in high wind conditions. The National Weather Service monitors wind and humidity conditions and issues red flag warnings on days when there is a high risk of brush fires due to: 1) low relative humidity (15% or less), and either high wind velocity (25 MPH or more) or frequent gusts of 35 MPH or greater; 2) low relative humidity (10% or less), and either high wind velocity (15 MPH or more) or frequent gusts of 25 MPH or greater; 3) widespread and/or significant dry lightning; or 4) other forecaster discretion in coordination with the Southern California Geographic Area Coordination Center or other local agency in light of unusual but significant meteorological and/or fuel conditions. When such warnings are issued it is imperative that activities be curtailed that are capable of igniting a brush fire that could endanger life and property in the City. The purpose of this ordinance is to identify, enumerate and prohibit those activities that are hazardous if conducted during times when red flag warnings are in effect.

SECTION 2. Title 4, Chapter 3 of the Hidden Hills Municipal Code is hereby amended by adding thereto a new Section 4-3-6 to read as follows:
4-3-6: - ACTIVITIES PROHIBITED DURING RED FLAG WARNINGS A. The following activities are prohibited during any time a red flag warning issued by the National Weather Service for any area that encompasses all or any portion of the City:

1. The use of portable outdoor barbecue grills.

2. The use of any outdoor fire pits, fireplaces, or any outdoor fire of any kind for any purpose.

3. Any outdoor activity that could cause a spark or flame.

4. The use of gasoline or propane powered equipment for home or property maintenance or repair (e.g. mowers, weed eaters, chainsaws, welders, and generators).

5. Outdoor smoking of tobacco, cannabis or any other inhalable product.

6. Parking vehicles over dry grass or vegetation.

B. During a red flag warning, City-issued permits or other authorizations for activities to be located on City property or upon City streets may be reviewed, cancelled, and assigned to a later date if the City determines its staff or general public may be exposed to unnecessary danger.

SECTION 3. If any section, subsection, subdivision, sentence, clause, or phrase in this Ordinance or any part thereof is for any reason held to be unconstitutional, invalid or ineffective by any court of competent jurisdiction, such decision shall not affect the validity or effectiveness of the remaining portions of this ordinance or any part thereof. The City Council hereby declares that it would have adopted each section irrespective of the fact that any one or more subsections, subdivisions, sentences, clauses, or phrases be declared unconstitutional, invalid or ineffective.

SECTION 4. This Ordinance shall become effective thirty (30) days after its adoption by the City Council.

SECTION 5. The City Council finds that adoption of this Ordinance is exempt from the California Environmental Quality Act (“CEQA”) pursuant to Section 15358 (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. Moreover, the City Council finds that this Ordinance is also exempt under CEQA pursuant to Guidelines Section 15061(b)(3) (there exists no possibility that the activity will have a significant adverse effect on the environment).

SECTION 6. The Mayor shall sign this Ordinance and the City Clerk shall certify as to the adoption and shall post a certified copy of this Ordinance, including the vote for and against the same, in the Office of the City Clerk, in accordance with Government Code Section 36933.

PASSED, APPROVED, AND ADOPTED this ___ day of ________ 2024.

Eniko Gold, Mayor
ATTEST:

Deana L. Gonzalez, CMC, City Clerk APPROVED AS TO FORM:
_______________________________
Michael Jenkins, Interim City Attorney

Eniko Gold, Mayor
Larry G. Weber, Mayor Pro Tem
Joe Loggia, Council Member
Laura McCorkindale, Council Member
Adam Wasserman, Council Member

TO: Honorable Mayor and City Council
FROM: Gloria Molleda, Interim City Manager
BY: Deana L. Gonzalez, CMC, City Clerk
DATE: December 9, 2024
SUBJECT: APPROVAL OF RESOLUTION NO. 1038 DECLARING THE RESULTS OF THE GENERAL MUNICIPAL ELECTION HELD ON NOVEMBER 5, 2024

BACKGROUND
On June 10, 2024, the City Council adopted Resolution No. 1029 calling and giving notice of the holding of the election on November 5, 2024. In addition, Resolution No. 1029 authorized the City Clerk to coordinate with the County of Los Angeles Registrar-Recorder/County Clerk to procure and furnish any and all official ballots, printed matter and all supplies, equipment and paraphernalia that may be necessary in order to properly and lawfully conduct the election.

DISCUSSION
A General Municipal Election was held in the City of Hidden Hills on Tuesday, November 5, 2024, consolidated with the Statewide General Election for the purposes of election of two City Council Members. The County of Los Angeles Registrar of Voters has completed the canvass of the results and the appropriate Resolution has been prepared for adoption, which is attached to this report. The results are attached as Exhibit A to the above-entitled Resolution.

As a result of the election, the following candidates were elected:

Eniko Gold, for City Council for a term of four years;
Adam Wasserman, for City Council for a term of four years.

FISCAL IMPACT
The proposed FY 2024/25 City budget contains $10,000 for election costs.

Approval of Resolution No. 1038 Declaring the Results of the General Municipal Election Held on November 5, 2024

Page 2 ends

RECOMMENDATION
It is recommended that the City Council approve Resolution No. 1038, A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF HIDDEN HILLS, CALIFORNIA, RECITING THE FACT OF THE GENERAL MUNICIPAL ELECTION HELD ON NOVEMBER 5, 2024, DECLARING THE RESULTS AND SUCH OTHER MATTERS AS PROVIDED BY LAW.

ATTACHMENTS

1. Resolution No. 1038 Certifying the Results of the General Municipal Election

2. City of Hidden Hills Certificate of the Canvass of the Election Results RESOLUTION NO. 1038

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UPLAND

RECITING THE FACT OF THE GENERAL MUNICIPAL ELECTION HELD ON NOVEMBER 5, 2024; DECLARING THE RESULTS AND SUCH OTHER MATTERS AS PROVIDED BY LAW.

WHEREAS, a General Municipal Election was held and conducted in the City of Hidden Hills, California, on Tuesday, November 5, 2024, as required by law; and WHEREAS, notice of the election was given in the time, form and manner as provided by law; voting precincts were properly established; election officers were appointed, and in all respects the elections were held and conducted and the votes were cast, received and canvassed and the returns made and declared in the time, form and manner as required by the City provisions of the Elections Code of the State of California for the holding of elections in general law cities; and WHEREAS, the County Election Department canvassed the returns of the election and has certified the results to this City Council; the results are received, attached, and made a part hereof as “Exhibit A”.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF HIDDEN HILLS, CALIFORNIA, DOES RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS:

SECTION 1. That the whole number of ballots cast in the precincts except vote by mail voter ballots and provisional ballots was 261.

That the whole number of vote-by-mail voter ballots cast in the City, including any provisional vote-by-mail ballots cast in the City was 814, for a grand total of 1,095 ballots cast in the City.

SECTION 2. That the two (2) names of persons (alpha order) voted for at the election for Member of the City Council are as follows:

Nominated/Certified Candidates: Eniko Gold
Adam Wasserman
SECTION 3. That the number of votes given at each precinct and the number of votes given in the City to each of the persons above named for the respective offices for which the persons were candidates are as listed in Exhibit “A” attached.

SECTION 4. The City Council does declare and determine that: Eniko Gold (643) was elected as Member of the City Council for the full term of four years and Adam Wasserman (428) was elected as Member of the City Council for the full term of four years.

SECTION 5. The City Clerk shall enter on the records of the City Council of the City, a statement of the result of the election, showing: (1) The whole number of ballots cast in the City; (2) The names of the persons voted for; (3) For what office each person was voted for; (4) The number of votes given at each precinct to each person, and (5) The total number of votes given to each person.

SECTION 6. That the City Clerk shall immediately make and deliver to each of the persons so elected a Certificate of Election signed by the City Clerk and authenticated; that the City Clerk shall also administer to each person elected the Oath of Office prescribed in the Constitution of the State of California and shall have them subscribe to it and file it in the office of the City Clerk. Each and all of the persons so elected shall then be inducted into the respective office to which they have been elected.

SECTION 7. That the City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions.

PASSED, APPROVED AND ADOPTED ON 9
th day of December, 2024.
___________________________________
Eniko Gold, Mayor
ATTEST:
_______________________________________
Deana L. Gonzalez, CMC, City Clerk
(SEAL)
2 COUNTY OF LOS ANGELES 11/05/24 GENERAL ELECTION 45.1 -Page- 99 HIDDEN HILLS CITY GENERAL MUNICIPAL ELECTION Member of the City Council FINAL OFFICIAL V2

STATEMENT OF VOTES CAST

BY PRECINCT
Location Registration
Ballots
Cast

ENIKO GOLDSHAWN ANTINADAM WASSERMAN
HIDDEN HILLS - 2780002A* 281 168 91 91
VOTE BY MAIL SERIAL 6583 814 475 243 337
TOTAL 1,342 1,095 643 334 428
COUNTY OF LOS ANGELES 11/05/24 GENERAL ELECTION 45.2 -Page- 100 HIDDEN HILLS CITY GENERAL MUNICIPAL ELECTION Member of the City Council FINAL OFFICIAL V2

STATEMENT OF VOTES CAST

BY PRECINCT
Location Registration
Ballots
Cast

ENIKO GOLDSHAWN ANTINADAM WASSERMAN
PRECINCT TOTAL 281 168 91 91
VBM TOTAL 814 475 243 337
GRAND TOTAL 1,342 1,095 643 334 428

Hidden Hills City CouncilDecember 9, 2024

Hidden Hills City Council
December 9, 2024