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i{ \.
INDIAN.ii WELLS
City of lndian Wells
44-950 Eldorado Drive
lndian Wells C492210
(760)346-2489CALIFORNIA
lnvestments
Bank Certificates of Deposit
Managed Pool Accounts - LAIF
Money Market Sweep/Checking Account
Negotiable CD's
Medium Term Corporate Notes
Federal Agency lssues - Callables
Miscellaneous Securities - Coupon
Treasury Discounts -Amortizing
lnvestments
Total Earninqs
Current Year
Average Daily Balance
Effective Rate of Return
The
The Gity of lndian Wells
Portfolio Management
Portfolio Summary
September 30,2023
Par Market
V.hra
750,000.00
1,333,740.21
3,986,887.03
8,264,078.15
7,243,740.O0
40,303,629.00
757,603.00
4,964,8 10.00
Book
V.lue
750,000.00
1,333,740.21
3,986,887.03
8,715,000.00
8,056,801.76
43,700,332.75
80'1,123.49
4,966,267.53
%ol
Portfolio
Days to
Maturity
YTM
360 Equiv.
YTM
365 Equiv.TermValue
750,000.00
1,333,740.21
3,986,887.03
8,715,000.00
8,000,000.00
43,700,000.00
800,000.00
5,000,000.00
1.O4
1.84 5.51
12.05 11.14
60.43 1.11
6.87 254
I
'l
1,798
1,803
1,590
1,449
160
5.323
3.486
3.901
2.060
1.341
1.530
0.653
5.146
5.397
3.534
3.955
2.088
1.360
1.551
0.662
5.218
138
'l
1 916
916
815
442
49 71572,285,627.24 67,604,487.39 72,3't0,152.77 100.00% 1,408 2.017 2.045 Seotember 30 Month Endinq
129,811.63
73,575,185.39
2.15o/o
cash flow ftom revenue and maturing investments will be sufficient to cover expenditures for the next six months. All securities are "Marked{o-Market" on a monthly basis.
Reporting period 09/01 /2023-0913012023 Portfolio CITY
AP
PM (PRF_PM1) 7.3.0
Report Ver. 7.3.6.1
Run Date: 11114/2023 - 13:35 No fiscal year history available
The Gity of lndian Wells
Portfolio Management
Portfolio Details - lnvestments
September 30,2023
Purchase
Date
Page I
YTM Days to Maturity
Fitch 350 Maturitv l'!'ta
Stated
BookValue Rate
250,000.00
250,000.00
250,000.00
750,000.00
1,333,740.21
0.00 1,333,740.21
cusrP lnvestment #
Bank Certificates of Deposit
sYs579 579
sYS580 s80
sYS581 581
Managed Pool Accounb - LAIF
SYS21
SYS23
Subtotal and Average
lssuer
Pacific Western Bank
Pacific Western Bank
Pacific Western Bank
LAIF - City
LAIF - Redevelopment
Average
750,000.00
2,117,073.9
4,478,4/,0.78
Par Value
250,000.00
250,000.00
250,000.00
750,000.00
1,333,740.21
0.00 1,333,740.21
3,986,887.03
250,000.00
250,000.00
249,000.00
249,000.00
249,000.00
250,000.00
250,000.00
250,000.00
247,000.00
250,000.00
Market Value
250,000.00
250,000.00
250,000.00
7s0,000.00
1,333,740.21
0.00 1,333,740.21
5.350
5.250
5.370
5.350
5.250
5.370
98 0110712024
37 1110712023
2AO 0710712024
o6t07t2023
0610712023
o6to7t2023
21 23
071o112022
07t01t2022
0813012022
08t3012022
07to1t2022
0710112022
07to112022
07t01t2022
03t3112020
09t21t2022
07t22t2020
0713112023
07t26t2015
o2t23t2022
0212312022
0313112020
07t'18t2019
09t21t2022
1,036,766.76
0.00 15,388.33
0.00 19,154.42
2,913,577.52
0.00 0.00
0.00 2,000.00
0.00 1,036,766_76
0.00 1 5,388.33
0.00 19,154.42
2,913,577.52
0.00 0.00
0_00
2,000.00
0.00 1,036,766.76
0.00 15,388.33
0.00 19,154.42
2,913,577.52
0.00 0.00
0.00 2,000.00
0.00 5.323 138
3./t86
o.247
0.000
3.501
0.000
5.148
5.1 98
0.000
0.000
0.1 97
0_000
0.000
3.901
3.534
0.233
3.486
0.230
Subtotal and Average
Money Market Sweep/Checking Account
SYSl
SYS6
SYST
SYSS
SYS1O
SYS9
SYS2
SYS3
SY54
SYS19
SY55
0.250
3.550
5.220
5.270
1 6
7 I
'10
9 2
3 4
19 5
515
574
525
589
501
561
562
512
499
573
Pacific Western Bank
Pacific Western Bank-Ambulance
Pacif ic Westem-Publ icFundsMMA
US Bank Money Market
US Bank Money Market-4591
US Bank Money Market-4590
Pacific Western - Acct Payable
Pacifi c Western-Payroll
Union Bank-Checking
PeW Cash
WestAmerica Bank
Subtotal and Avetage
0.200
Negotiable GD's
0200808X4
0523928T3
06063HMS9
0621 I 9CD2
06652CH42
07371AYE7
07371 cE88
05580AVX9
14042T4Y3
14042RUJ8
Alma Bank
Austin Telco Fed Credit Union
Bank of Baroda
Bank Five Nine
Bankwest lnc.
Beal Bank - Plano TX
Beal Bank USA
BMW BANK NORTH AMERICA
Capital One Bank USA NA
Capital One NA
3,986,887.03
234,860.00
236,985.00
228,156.21
240,616.17
241,726.71
223,580.00
223,580.00
235,462.50
24't,126.34
237,980.00
3,986,887.03
250,000.00
250,000.00
249,000.00
249,000.00
249,000.00
250,000.00
250,000.00
250,000.00
247,000-00
250,000.00
1.400
3.800
0.700
4.500
2.000
1.900
1.900
1.550
2.300
3.900
1.380
3.748
0.690
4.438
1.973
1.874
1.874
1.529
0.000
0.000
544
1,451
660
1,762
299
1,235
1,235
547
269
1,451
0312812025
0w2'tno27
07t22t2025
07t2a1202s
07t2612024
0217n027
02117no27
0313112025
06t2612024
o9t2112027
Portfolio CITY
AP
PM (PRF_PM2) 7.3.0Run Date: 11/1412023 - 13:35
Report Ver. 7.3.6.1
The City of lndian Wells
Portfolio Management
Portfolio Details - lnvestments
September 30,2023
Stated
BookValue Rr+a
Page2
Fitch
YTM Days to Maturity
350 Maturitv D.faCUSIP lnvestment #
Negotiable CD's
15201QDE4
200334M86
254673U18
29260MBE4
32027BAMg
320437AD8
321 1 0YD93
32026UW51
321 1 2UDR9
395731811
5305204K1
5380361D4
58404DS\ 2
64034KAG6
654062J22
6673648V0
69506YR15
709621AS'1
724468AG8
7496224L0
856285TF8
86616RAGo
871 64XR65
89235MKY6
90348JFF2
Medium Term Corporate Notes
06048\n^il31
06048\4/I\472
06406R4N7
24422E\M6
48128G2Q2
46632FRU1
61 2285AE6
Centerstate Bank NA
Comenity Capital Bank
Discover Bank
ENCORE BANK
First Freedom Bank
First Guaranty Bank Hammond LA
First National Bank of America
First Foundation Bank
First Natl Bank of Mccregor TX
Greenstate Credit Union
Liberty First Credit Union
Live Oak Banking Company
Medallion Bank Utah
Nelnet Bank, lnc-
Nicolet National Bank
Northwest Bank
Pacific Western Bank CA CD
Pentagon Federal Credit Union
Pitney Bowes Bank lnc.
RIA Federal Credit Union
State Bank of lndia NY, NY CD
Summit National Bank
Synchrony Bank
Toyota Financial Sgs Bk
UBS Bank USA
Subtotal and AveEge
lssuer
Bank of America MTN A
Bank of America MTN A
Bank of New York Mellon Corp
John Deere Capiial Corp
JPMorgan Chase & Co
JP Morgan Chase Bank NA
Montebello CA Pens Oblig AA
518
484
480
520
521
586
592
590
517
550
585
5't4
587
558
513
519
522
557
588
498
516
591
575
548
483
Average
Balanca
8,71s,000.00
Purchase
Date
0413012020
1013012018
10t03t2018
0413012020
04130no20
08t11t2023
0811612023
ogt1612023
04t28t2020
06t1612021
ogt11t2023
0313112020
07t31t2023
02t02t2022
03t3112020
0413012020
04t3ot2020
09D9t2021
07t3112023
o6t2412019
04t29t2020
08t16t2023
0912312022
04t22t2021
10t30t2018
05t28t2021
07t30t2021
05t14t2020
05t18t2023
02t2612021
01t22t2021
07t17t2020
Par Value
248,000.00
250,000.00
250,000.00
249,000.00
249,000.00
249,000.00
249,000.00
244,000.00
249,000.00
250,000.00
249,000.00
250,000.00
249,000.00
250,000.00
250,000.00
249,000.00
248,000.00
249,000.00
244,000.00
249,000.00
248,000.00
249,000.00
250,000.00
250,000.00
250,000.00
8,715,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
Market Value
231,733.68
249,587.50
249,940.00
242,760.06
242,687.85
240,581.31
246,465.18
235,255.O4
232,917.09
221,392.50
244,801.86
234,735.00
239,542.94
220,482.50
234,762.50
232,299.57
231,733.68
218,089.14
234,791.44
247,242.06
233,055.s2
243,706.26
238,417.50
222,987.50
249,637.50
8,264,078.15
879,690.00
872,620.O0
937,200.00
981,850.00
878,550.00
1,745,920.00
947,910.00
248,000.00
250,000.00
250,000.00
249,000.00
249,000.00
249,000.00
249,000.00
244,000.00
249,000.00
250,000.00
249.000.00
250,000.00
249,000.00
250,000.00
250,000.00
249,000.00
248,000.00
249,000.00
244,000.00
249,000.00
248,000.00
249,000.00
250,000.00
250,000.00
250,000.00
8,715,000.00
1,000,000.00
1,000,000.00
1,005,955.78
1,023,575.74
1,000,000.00
2,000,000.00
1,O27,270.24
2.060 916
04t30t2025
10t3012023
10to3t2023
04t30t2024
0413012024
08t04t2028
08t1512028
08t09t2028
04t2812025
0611612026
08107t2028
03t31t2025
07t31t2028
o2to2t2027
o3t31t2025
04t30t2025
04t3012025
09t2912026
07131no28
1212612023
04t29t2025
08t10t2028
09t23t2027
04t2212026
1012712023
05t2812026
07t30t2026
04D4nO25
0112012028
02t26t2026
01t22t2026
06to1no25
1.250
3.450
3.300
1.150
1.100
4.500
4.450
4.450
1.350
0.900
4.700
1.400
4.400
1.500
1.400
1.200
1.250
0.900
4.400
2.500
1.600
4.500
3.950
0.900
3.500
1.233
3.403
3.255
1.135
1.086
4.438
4.394
0.000
1.332
0.888
4.641
1.382
4.406
1.479
1.382
1.184
1.233
0.888
0.000
2.468
1.578
4.443
3.896
0.888
3.454
1.233
'1.184
1.190
4.083
0.789
0.690
0.819
577
29 2
212
212
1,769
1,780
1,774
575
989
1,772
547
't,765
1,220
547
577
577
't,094
1,765
86 576
1,775
1,453
934
26 970
1,033
571
1,572
879
844
609
549
556
524
576
538
533
526
1.250
1.200
1.600
4.750
0.800
0.700
2.503
Portfolio CITY
AP
PM (PRF_Prr2) 7.3.0Run Date: 11/1412023 - 13:35
The Gity of lndian Wells
Portfolio Management
Portfolio Details - lnvestments
September 30,2023
Purchase
D.fe
Stated
Book Value p.+a Fitch
8,056,801.76
YTM Days to Maturity
1.341 916
Federal Agency lssues - Callables
529
552
553
554
555
582
534
535
536
539
541
542
544
546
551
559
560
563
565
566
568
571
572
530
564
567
569
527
532
CUSIP
31 33ELZ80
31 33EMH21
3133EM167
31 33EMN99
3133EMVW3
3133EPPC3
31 30AL3S1
31 30AL6G4
31 30AL6J8
31 3OALDNl
31 3oALHZo
31 30ALJ62
313OALMM3
3130A1\ l€7
3130AMW57
3130AQ\ /F6
313OAQWJ8
31 30AQZ55
3130ARCV1
313OARGE5
31 30AS3Z0
3'l30AS567
31 30ASS91
3134G\ rcGg
3134GXMX9
3134GXOP2
3134GXUM4
31 36G4C43
3135G4223
lnvestment # Par Value
8,000,000.00
2,000,000.00
2,000,000.00
2,000,000.00
2,000,000.00
3,000,000.00
2,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
2,000,000.00
1,000,000.00
'1,000,000.00
2,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
1,700,000_00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
2,000,000.00
43,700,000.00
500,000.00
300,000.00
Market Value
7,243,740.00
lssuer
Subtotal and Average
Fed. Farm Credit Bank
Fed. Farm Credit Bank
Fed. Farm Credit Bank
Fed. Farm Credit Bank
Fed. Farm Credit Bank
Fed. Farm Credit Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Mtg Corp
Fed. Home Loan Mtg Corp
Fed. Home Loan Mtg Corp
Fed. Home Loan Mtg Corp
Fed. Nat'l Mortgage Assoc
Fed. Natl Mortgage Assoc
Average
8,057,834.87
43,700,341.23
07t29t2020
06t17t2021
0612212021
06t30t2021
07t28t2021
07t03t2023
0211712021
0212512021
0212412021
03t16t2021
0311812021
03t24t202'l
03t30t2021
04t22t2021
0613012021
02t25t2022
02t2412022
0311012022
03128t2022
04t2112022
05t26t2022
0811612022
08t10t2022
07t3012020
03t25t2022
04t28t2022
06t07t2022
08t14t2020
11t1712020
0211812021
10to1t2020
1,836,040.00
1,786,600.00
1,780,340.00
1,847,060-00
2,666,790.00
1,996,360.00
897,640.00
896,240.00
1,793,800.00
1,797,720.OO
921,210.O0
899,820.00
1,804,380.00
902,750.00
I,800,620.00
907,550.00
904,620.00
917,270.00
1,968,980,00
930,050.00
1,654,559.00
964,980.00
953,1 50.00
928,1 10.00
953,480.00
963,600.00
982,790.00
1,835,880.00
1,81 1 ,240.00
2,000,000.00
2,000,000.00
2,000,000.00
2,000,000.00
3,000,000.00
2,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
2,000,000.00
I,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
1,700,000.00
1,000,000.00
1,000,000.00
1,000,332.75
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
2,000,000.00
43,700,332.75
501,123.49
300,000-00
667 07t29t2025
988 06/15/2026
995 06t22/2026
638 06/30/202s
1,031 07n812026
276 07t03t2024
870 02t1712026
878 02t25nq26
877 0212412026
897 0311612026
626 06t18t2025
905 0312412026
911 0313012026
934 0412212026
1,003 06/30/2026
1,243 0212512027
1,242 02t24t2027
1,256 0311012027
179 03n812024
1,298 04t2112027
422 1112612024
1,415 0811612027
1,409 08t1012027
577 0413012025
541 03t25t2025
575 04t28t2025
250 06t07t2024
683 08t1412025
778 1111712025
0.580
0.900
0.800
0.740
0.870
5.375
0.625
0.600
0.625
0.800
0.530
0.875
'1.000
1.100
0.750
2.150
2.050
2.500
2.250
3.000
3.000
4.500
4.000
0.650
2.200
3.030
3.050
0.650
0.560
0.572
0.888
0.789
0.730
0.858
5.301
0.616
0.592
0.616
0.789
0.523
0.863
0.986
1.085
0.700
2.'t21
2.022
2.466
1.846
2.959
2.959
4.438
3.945
0.621
2.170
2.988
3.008
0.641
0.552
Miscellaneous Securities - Coupon
255651 KY6
63877NMM6
Subtotal and Average
Dixon CA Unified School Dist
Natomas CA Sch Dist AA lnsured
40,303,629.00
480,025.00
277,578.OO
1.530 815
537
531
305 0810112024
670 0810112025
Portfolio CITY
AP
PM (PRF_PM2) 7.3.0Run Date: 1111412023 - 13:35
o.672
1.100
0.395
1.085
The Gity of lndian Wells
Portfolio Management
Portfolio Details - lnvestments
September 30,2023
Purchase
fl.fe Fitch
Matudty
Datc
YTM Daysto
360 Maturitv
0.653 42
5.146 49
2.017 715
custP lnvestment #
Treasury Discounts -Amortizing
lssuer
Subtotal and Average
United States Treasury Bill
United States Treasury Bill
United States Treasury Bill
Subtotal and Average
Total and Average
912797FKg
912797FC6
912797FV4
577
583
584
Average
801,177.80
4,956,317.17
73,576,185.39
05t1812023
0712012023
07t20t2023
Par Value
800,000.00
3,000,000.00
1,000,000.00
1,000,000.00
s,000,000.00
72,285,627.24
Market Value
757,603.00
2,980,'140.00
996,480.00
988,1 90.00
4,954,810.00
67,604,487.39
Stated
Book Value F6fe
801,123.49
2,980,824.39
996,639-66
988,803.48
4,966,267.53
72,310,152.77
4.995
4.856
5.1 96
4.989
5.1 53
46 1111612023
25 10t26t2023
81 1212112023
Portfolio CITY
AP
PM (PRF PM2) 7.3.0Run Date: 11/1412023 - 13:35
/t ./
t\.
INDIAN')'WELLS 2014, 2015, 2016, 2020 Series
Portfolio Management
Portfolio Summary
September 30,2023
City of lndian Wells
zt4-950 Eldorado Drive
lndian Wells CA92210
(760)346-2489CALIFORN IA
lnvestments
Money Market Sweep/Checking Account
lnvestments
Value
10,584.48
10,584.48
September 30 Month Ending
0.00 4,460,260.02
0.00%
%oI
Portfolio
10,584.48 100.00
10,584.48 100.00%
10,584.48
10,584.48
Par Market
Velue
Book
Value
Days to
Maturity
YTM
360 Equiv.
0.000
0.000
YTM
365 Equiv.
0.000
0.000
Portfolio 144
CP
PM (PRF_Pr\rl) 7.3.0
Report Ver. 7.3.6.1
Term
'l
Total Earnings
Current Year
Average Daily Balance
of Return
Agency
Reporting period 09/0'l /2023-0913012023
Run Date: 11/2812023 - 18:03 No fiscal year history available
201 4, 201 5, 2016, 2020 Series
Portfolio Management
Portfolio Details - lnvestments
September 30,2023
Purchase
Date Fitch
Maturity
DateCUSIP lnvestment #
Money Market Sweep/Checking Account
SYS28
SYS26
SYS25
SYS27
SYS24
Subtotal and Average
Total and Average
0.00 1 1.56
0.00 10,572.92
0.00 0.00
1 1.56
0.00 10,572.92
0.00 28
26 25
27 1
lssuer
20144 Bonds ReseNe
All Bond Series Principal
All Bond Series lnterest
All Bond Series Debt Svc
Cost Of lssuance Escrow
Average
4,460,260.02
4,460,260.02
Market value
10,584.48
10,584.118
Stated
BookValue R.fa
0.00 11.56
0.00 10,572.92
0.00 10,584.r18
10,584.48
YTM Days to
365 Maturitv
0.000
0.000
0.000
0.000
0 000
0.000
07t01t2022
071o112022
07tuno22
07t01t2022
07to1t2022
Par Value
10,584.la
10,584.48
1 0.000
Portfolio 144
CP
PM (PRF_PM2) 7.3.0Run Date: 1128/2023 -'18:03
Report Ver. 7.3.6.1
..J ,//i-lL !.
INDIAN .\ WELLS
City of lndian Wells
44-950 Eldorado Drive
lndian Wells CA92210
(760)346-2489CALIFORNIA
lnvestments
Money Market Sweep/Checking Account
lnvestments
Total Earninos September 30
Current Year
Average Daily Balance
Effective Return
Treasurer
Reporting period 09/01 /2023'0913012023
Par
2015 A Bonds
Portfolio Management
Portfolio Summary
September 30,2023
Market
Vllra
1.00 1.00
Book %oi
PortfolioValua
1 .00 100.00
{.00 100.00%
Term
Days to
Maturity
YTM
360 Equiv.
0.000
0.000
365 Equiv.
0.000
0.000
Portfolio 15A
CP
PM (PRF_PMl) 7.3.0
Report Ver. 7.3.6.1
Value
1.00 ,l.00
Month Endinq
0.00 1.00
0.00%
RunDate. 1112112023 - 17:38 No fiscal year hisiory available
2015 A Bonds
Portfolio Management
Portfolio Details - lnvestments
September 30,2023
Purchase
Date
CUSIP lnvestment #
Money Market Sweep/Ghecking Account
lssuer
2015 A Reserve
UBC Cost Of lssuance Escrow
Subtotal and Average
Total and Average
Average
Fl.l.nca
1.00 1.00
Par Value
1.00 0.00
1.00 1.00
Market Value
1.00 1.00
Stated
BookValue Rate
1.00 1.00
YTM Daysto
365 Maturitv
0.000
0.000
Maturity
Dale
Portfolio 15A
CP
PM (PRF PM2) 7.3.0
Fitch
SYS27
SYS22
?7
22 07t01t2022
0710112022
1.00 0.00
1.00 0.00
o.o00
0.000
Run Date: 11/2112023 - 17:38
Report Ver. 7.3.6.1
:-
' IEJ'i .--
INDIAN I WELLS
City of lndian Wells
44-950 Eldorado Drive
lndian Wells CA92210
(760)346-2489CALI FORNiA
lnvestments
Money Market Sweep/Checking Account
lnvestments
Value
'1.00
1.00 September 30 Month Ending
Par
2016 A Bonds
Portfolio Management
Portfolio Summary
September 30,2023
Market
Value
't.00
1.00 Book
Value
%of
Portfolio
Days to
Maturity
YTM
360 Equiv.
0.000
0.000
YTM
365 Equiv.
0.000
0.000
Portfolio 164
CP
PM (PRF_PM1) 7.3.0
Report Ver. 7.3.6.1
Term
1 .00 100.00
{.00 100.00%
Total Earnings
Current Year
Average Balance
of Return
Agency
Reporting period 09/01 /2023-0913012023
0.00 1.00
0.00%
RunDale. 11D1D023 - 18:14 No fiscal year history available
cuslP lnvestment # lssuer
Money Market SweeprChecking Account
SYS28 1 UBC Cost Of lssuance Escrow
SYS33 2 Union Bank ReserveAccount
Subtotal and Ave6ge
Total and Average
2016 A Bonds
Portfolio Management
Portfolio Details - lnvestments
September 30, 2023
Purchase
Date Par Value
0710'U2022
07t01t2022
1.00 r.00
0.00 1.00
0.00 1.00
0.00 1.00
0.000
0.000
Page I
Stated YTM Days to Maturity
Bookvalue P.re Fitch 365 Maturitv
1.00 0.000
1.00 0.000 1
Portfolio'l64
CP
PM (PRF_PrI2) 7.3.0
Average
1.00 1.00
Market Value
1.00 1.00
Run Date: '1112112023 - 18:14
Report Ver. 7.3.6.'1
INDIAN
1*'
} WELLS
City of lndian Wells
44-950 Eldorado Drive
lndian Wells CA.922'lO
(760)346-2489CA.LIFORN IA
lnvestments
Money Market Sweep/Checking Account
lnvestments
Value
1.00 1.00
September 30 Month Ending
%of
Portfolio
1.00 100.00
1.00 100.00%
1.00 1.00
Par
2O2O A Bonds
Portfolio Management
Portfolio Summary
September 30,2023
Market
Vrhre
Book
Value Te]m
Days to
Maturity
YTM
360 Equiv.
0.000
0.000
365 Equiv.
0.000
0.000
Portfolio 20A
CP
PM (PRF_PMl) 7.3.0
Report Ver. 7.3.6.1
1 Total Earnings
Current Year
Average Daily Balance
Effective Return
Kevin
Reporting period 09/01 /2023-0913012023
0.00 1.00
0.00%
RunD?tle. 11n1f2023 - 17:45 No fiscal year history available
CUSIP lnvestment #
Money Market Sweep/Checking Account
SYSl
SYS2
Subtotal and Average
Total and Average
2O2O A Bonds
Portfolio Management
Portfolio Details - lnvestments
September 30, 2023
Purchase
Date Par Value
07t0112022
07lo'v2022
1.00 1.00
0.00 1.00
0.00 1.00
0.00 '1.00
0.000
0.000
Fitch
Maturity
Date
1 2
lssuer
2020 A Bonds COI
2020 A Bonds Reserve
Average
Balance
1.00 1.00
Market Value
1.00 1.00
Stated
BookValue Rate
't.00
1.00 YTM Daysto
355 Maturitv
0.000 1
0.000
Portfolio 20A
CP
PM (PRF_Pt\r2) 7.3.0RunOale: 11f2112O23 - 17:45
Report Ver. 7.3.6.1
INDIAN \: WELLS 2022 Bonds
Portfolio Management
Portfolio Summary
September 30,2023
Market
City of lndian Wells
44-950 Eldorado Drive
lndian Wells C492210
(760)346-2489C,qLIFORN IA
lnvestments
Money Markei Sweep/Checking Account
lnvestments
Total Earninqs September
Current Year
Average Daily Balance
of Return
Agenry Treasuer
Reporting period 09/01 /2023-0913012023
Par Book
Valrrc
lo of
Porffolio Term
Days to
Maturity
YTM
360 Equiv.
0 000
0.000
YTM
365 Equiv.
0.000
0.000
Portfolio 22
CP
PM (PRF_PMl)7.3.0
Report Ver. 7.3.6.1
Value
8,921,495.49
8,92,t,495.49
30 Month Ending
0.00 9,034,064.0{
0.00%
8,921,495.49
8,921,495.49
8,921,495.49 100.00
8,921,495.49 100.00% 1
RuiDale. 1112112023 - 18:29 No fiscal year history available
2022 Bonds
Portfolio Management
Portfolio Details - lnvestments
September 30,2023
Purchase
Date
Stated
BookValue R.fe
0.00 247,525.53
8,673,090.09
877.77
2.10 8,921,495.49
8.921,495.4S'
YTM Daysto Matudty
Fitch 365 Maturitv n.fa
0.000
0.000
0.000
0.000
0.000
0.000
0.000
Portfolio 22
CP
PM (PRF_PM2) 7.3.0
CUSIP lnvestment #
Money Market Sweep/Checking Account
SYS2
SY54
SYSl
SYS5
SYS3
Subtotal and Average
Total and Average
lssuer
2022 Bonds COI
2022 Bonds lnterest
2022 Bonds Project Fund
2022 Bonds Redemption Fund
2022 Bonds Payment Fund
2 4
1 3
Average
9,034,054.01
9,034,064.01
071o112022
03t1612023
07t0112022
03t16t2023
09t21t2022
Par Value
0.00 247,525.53
8,673,090.09
877.77
2.10 8,921,495.49
8,921,495.49
Market value
0.00 247,525.53
8,673,090.09
877 -77
2.10 8,921,495.49
8,921,495.49
RunD?l.e: 11/21n023 - 18:29
Report Ver. 7.3.6.1
INDIAN WELLS CITY COUNCIL
December 7, 2023
To: City Council
From: Finance Department
Prepared by: Ruby D. Walla, Assistant Finance Director
Subject: City Treasurer’s Report for October 2023
RECOMMENDED ACTIONS:
Council RECEIVES and FILES the City Treasurer’s Report for October 2023.
DISCUSSION:
This report comprehensively analyzes the City of Indian Wells' cash and investment position as of October 31, 2023. The city maintains a robust investment strategy, focusing on prudence, liquidity, and compliance with legal requirements. The Treasurer's certification ensures adherence to the city's investment policy and compliance with the State of California Government Code section 53600.
Financial Snapshot:
As of October 31, 2023:
Total cash and investments: $66,090,584.15
Portfolio rate of return: 2.004%
Treasurer's Certification:
The City Treasurer certifies:
Compliance with the city's investment policy and legal requirements. Adequate liquidity to meet financial obligations for the next six months, ensuring static and dynamic liquidity.
Fiscal Prudence:
Aligned with the fiduciary duty, the city adheres to a prudent investment approach, considering economic conditions and anticipated needs. Investments are guided by a written policy emphasizing safety, liquidity, and yield.
BACKGROUND:
The Treasurer's Report provides a monthly update on cash activity and the investment portfolio, ensuring reconciliation with the General Ledger. Investments align with the city's investment policy and State legislation, covering U.S. treasuries, federal agency securities, corporate notes, municipal bonds, CDs, and overnight cash investments.
Investment Strategy:
The city's investment portfolio is designed to achieve a market rate of return within risk constraints. Diversification across institutions, security types, and maturities maximizes safety and yield amid changing market conditions.
FISCAL IMPACT:
The investment portfolio generated $ 152,333.62 in earnings for October 2023. The investment strategy aims for consistent returns throughout budgetary and economic cycles, reflecting prudent risk management. Moreover, the strategy's success in consistently generating returns reflects its adaptability to changing market conditions. As economic cycles fluctuate, the city's investment approach remains resilient, adjusting to dynamic financial landscapes to optimize safety and yield.
ATTACHMENTS:
1. City Treasurer’s Report
UNRESTRICTED FUNDS
GENERAL FUND
101- GENERAL
TOTAL GENERAL FUND
RESTRICTED FUNDS
SPECIAL REVENUE FUNDS
202 . TMFFIC SAFETY
203 - PUBLIC SAFETY U2 CENT SALES TAX
204 - MEASURE "A"
209 - F.A.M.D. #1
210 - SCAQMD (VEHICLE REG.)
211 - AB 3229 COPS FUNDING
214 - GAS TAX 2103 MAINTENANCE
215 - GAS TAX 2105 MAINTENANCE
216 - GAS TAX 2106 CONSTRUCT/MAINT
217 - GAS TM2IO7 MAINTENANCE
218 - GAS TAX 2to7.5 ENG./ADMIN
219 . GAS TAX RMRA
228 - EMERG. UPGMDE SERVICES
247 - AB 939 RECYCLING FUND
248 - SOLID WASTE
251 - STREET LIGHTING DISTRICT 2OOO-1
253- INDIAN WELLS VILLAS OPEMNONS
254- MOUNTAIN VIEW VILLAS OPEMTIONS
256- HOUSING AUTHORITY
271 - ELDOMDO DRIVE LLMD
272 - MONTECTTO/STARDUST LLMD
273 - CASA DOMDO LLMD
274 -THE COVE LLMD
27s - SH 11I/IWGR (ENTMNCE) LLMD
276 - CLUBITW LANE LLMD
277 - COLONY LLMD
278 - COLONY COV ESTATES LLMD
279 - DESERT HORIZONS LLMD
280 - MOUNTAIN GATE LLMD
281 - MOUNTAIN GATE ESTATES LLMD
282 - VILLAGIO LLMD
283. VAIDYA LLMD
284. CLUB, SOUTH OF 111 LLMD
285 - MONTELENA LLMD
286. SUNDANCE LLMD
287 - PROVINCE LLMD
288 - PROVINCE DBAD
TOTAL SPECIAL REVENUE FUNDS
CAPITAL PROJECT FUNDS
310 - PARK FACILITIES FEES
311 - TMNSPORTATION FACILMES FEES
313 - RECREATION FACILMES FEES
314 - PARK-IN-LIEU FEES
315 - CITYWIDE PUBLIC IMPROVEMENT FEE
316 - CAPTTAL IMPROVEMENT
319 - ART IN PUBLIC PLACES
321 . HIGHWAY 111 CIRCUI-ATION IMP FEE
TOTAL CAPITAL PROJECT FUNDS
NET CASH & INVESTMENT SUMMARY OCTOBER 2023
October
2023
$ 13,136,44r.L
13,L36,441.4O
October
2022
$ 9,772,464.05
9,772,464.05
14,475.45
17,7L0.44
Lr7,218.03
L,432,t45.76
14,798.85
19,738.43
20,046.25
12,26r.06
9,853.85
16,888.44
1,000.00
146,405.16
4,455,457.38
29t,t76.50
r43,456.4r
L6,625.24
96,945.46
r,554.20
2,663,635.99
59,924.7r
4,823.42
904.4L
7,2L0.32
71,051.56
t7,913.45
75,L4t.54
47,928.88
20,538,88
93,606,88
43,918.54
2t9,402.77
35,043.86
30,971.89
70,390.35
325.49
83,955.09
559,699.29
7,279.62
15,755.56
116,854.63
1,852,676.74
L3,269.33
79,796.43
L4,496.25
8,940.28
7,223.59
t2,362.55
1,000,00
38,398.43
3,928,946.24
399,551.09
2L8,16r.2L
14,630.15
1,330,554.81
2,075,29L.54
12,348,113,88
59,804.06
3,876.09
996.40
r,392.72
2r,779.0L
11,306.01
70,887.37
52,147.40
15,604,36
90,262.68
45,780.44
226,403.35
34,670.79
28,t78.43
64,648.88
t,965.44
78,706.38
555,94918
LO,934144.23
27,639.45
25,987.42
52,039.95
15,033.45
8,494.28
9,059,22r.83
649,659.63
37 52
23,847,661.72
0.00 0.00
0.00 45,010.00
64,7L4.00
8,600,380,31
407,226.45
36,233.70
9.153,564.46
T:\Common\bank\Treasure/s Report\Cash'l 0Oct 23
9,875,228.71
5:5O PM11l29l2o23
ATTACHMENT #1
CITY OF INDIAN WELLS
NET CASH & INVESTMENT SUMMARY OCTOBER 2023
PAGE 2
RESTRICTED FUNDS (Cont.)
REPLACEMENT FUNDS
326 - BUILDINGS CAPTAL RESERVE
327 - BRIDGES CAPIIAL RESERVE
328 - MEDIANS & PARKWAYS CAPFAL RESERVE
329 - STORM DMINS CAPITAL RESERVE
330 - TMFFIC SIGNALS CAPITAL RESERVE
331 - TECHNOLOGY CAPITAL RESERVE
332 - CITY STREETS CAPTTAL RESERVE
333 - CITY VEHICLES CAPIIAL RESERVE
334 - NAMING RIGHTS CAPITAL RESERVE
350 - DISASTER RECOVERY RESERVE
TOTAL REPLACEMENT FUNDS
SUCCESSOR AGENCY FUNDS
453 - DEBT SERVICE
456 - RDA OBLIGATION RETIREMENT
460 - INDIAN WELLS FINANCING AUTHORITY
TOTAL SUCCESSOR AGENCY FUNDS
ENTERPRISE FUNDS
560 - INDIAN WELLS GOLF RESORT
TOTAL ENTERPRISE FUNDS
INTERNAL SERVICE FUNDS
601 - OPEB BENEFIT FUND
TOTAL INTERNAL SERVICE FUNDS
RESERVE FUNDS
602 - COMPENSATED ABSENCES
TOTAL RESERVE FUNDS
TRUST &AGENCY FUNDS
732 - SPECIAL DEPOSTTS
TOTAL TRUST & AGENCY FUNDS
TOTAL ALL FUNDS
FISCAL AGENTS
253 - INDIAN WELLS VILLAS
254 . MOUNTAIN VIEW VILLAS
453 - US BANK TRUSTEE - SUCCESSOR AGENCY DEBT SERVICE
460 - US BANK - INDIAN WELLS FINANCE AUTHORITY
560 - INDIAN WELLS GOLF RESORT
601 - PARS SECTION 115 TRUST - PENSION
601 - PARS SECTION 115 TRUST - OPEB
TOTAL FISCAL AGENTS
TOTAL ALL FUNDS & FISCAL AGENTS
UNRESTRICTED FUNDS
RESTRICTED FUNDS
1,990,616.80
1,790,016,00
r,424,895.07
7t9,746.00
590,920,00
539,633,00
t7,170,499.00
123,655.00
0.00 291,850.00
24,64r,83O.87
October
2023
2,527,210.64
0,00
273.98
October
2022
1,670,511.80
L,717,718.00
t,367,25r.07
690,432.00
567,375.00
518,147.00
18,840,062.00
118,879.00
0.00 L42,t29.00
25,632,504.87
544,757.56
r,062,774.00
0.00 2,527,484.62 1,607,531.56
.566.551,500,opQ.00
2,LO3,853.73
624.787.00
1,500,000.00
2,103,853.73
1,049,566.56
9L4,596.48
914,596.48
581,403.00
581,403.00
825,678.55
825,678.55
25 624,787.OO
746,8L3.59
746,813.59
66,090,584.15
325,207.50
334,4t7.52
4,613,706.rL
9,037,945.68
r,223,586.84
884,631.61
2t4,7rL.20
t6$34206.46
.61
L3,136,441.40
69,588,349.21
3__g?,7aIso.6t_
540,713.94
1,196,195.02
tr.44
12,060,999.93
1,9r5,242.L2
822,9t8.67
r99,678.r9
L6,735t759.3L
$ 90,120,730.56
9,772,464.O5
80,348,266.51
s 90,120,730.56
T:\Common\bank\Treasureis Report\Cashl 0Oct 23 5:50 PM1'1129|2O23Page 304 of 439 T \Conmon$nkbnk r€oncilalEn i/21W2310-RPT-G1 Bail ReGl 23 @ld ttlgtM3 Bank Reconciliation Report - CiW Held Cash
Finance Department
CiW of Indian
1 2
3 5
I
a
9 10
19 2t
498
499
501
512
513
514
515
516
517
518
519
520
521
522
52s
s4a
550
s57
554
561
s62
574
s73
575
579
s80
581
585
585
547
584
589
590
591
592
524
s26
533
s38
549
556
516
s27
529
530
532
534
535
536
539
541
542
544
546
551
552
553
554
555
559
s60
s63
565
s64
s66
56'
558
569
571
572
s82
537
531
577
584
Wstern
Pacific Wstern Eank - AccB. Pavable **-**3411
Pacific W6tern Eank - Payrcll **-**1752
Pacific W6tem Bank - Ambulance **_****7937
Pacific Wstern Eank - Publlc Funds MMA *'-****5064
Us Bank Monev llarket - Invetment
us Bank Monev Market - 4590
us Bank Monev Market - 4591
PetW Cash
0,00
0,00
0,00
15,434,47
0.00 1,816,295.51
19,236.37
2,000.00
Ceftificate of fEp6it-CaDltal One Bank 14042T4Y3
Certificate of CEDosit-Bankw6t 06652CHA2
Cediflcate of DeDosit-BFIW Bank Nofth America 05580AVX9 ceftlflcate of DeDosit-Nlcolet Nation Bank 65406222
ceftlflcate of Dercslt-Lve Oak Bankinq Companv 5380361D4 cetlflcate of tEmsit-Alma Bank 0200808X4
Cetificate of Dercslt-State Baflk of India 856285TFB
Ceftifi@te of Demslt-FlEt Natl Bank of lrlccr4or TX 32112uDR9 cefrificate of DemsllcenteFtate Bank 15201ODE4
Ceftificte of Demsll-Northw6t Bank 6673648v0
Cedifi@te of Dercsit-Encore Eank 29260ltlBE4
Ceftificate of Dercsit-FiEt F@dom Eank 320278A1v9
Certificate of Dercslt-Pacific western Bank 69506YR15
Certifidte of D€rcsit-8ank of Baroda 06063HMSg
Cedifi@te of Dercsit-Toyob Flnancial Sqs Bank 89235MKY6 Cedif@b of Deoosit'Grensbte Credit Union 395731811
CedifiGte of Dercsjt-Penhqon Federal Credlt Union 709621A51 cedlficate of DeFsit-Nelnet Bank, Inc 64034KAG6
Cedifiate of DeFsit-Bel Bank 073714YE7
certlflcate of Dercsit-Bel Bank UsA 07371CE88
Certlflete of Dercsit-Austin Telco Fed Credit Union 0523928T3 cedlfiGte of DemsitsCaolbal One NA 14042RUJ8
cedlficate of DemsltsSvnchronv Bank 87164XR65
Cedificate of DemitsPaciflc Western Bank
Cedificate of DeMlt-Pacific Wstern Bank
Certificate of Dercit-Pacific Wstem Bank
Certifi@te of Dercsit-Libertv Fi6t Credit Union 530520AK1 Cedificate of Dercit-FiEt Guarantv Bank Hammond LA
Cedificate of Deruit'Medallion Bank ulah 58404DSw2
cedificate of Dercsit-Pitney Bowes Bank 72,1468AG8
Cediflcate of Deruit-Bank Five Nine 062119CD2
Cedificate of Dercsit-Firet Foundation Bank 32026UW51
Certiflcate of Deruit-Summlt National Bank 86616RAG0
Certlflcate of mruit-Firet National Bank of America 32110YD93 Ed.rrl edand l.crr*
Fd 00,00o,oo
Fed. Farm Credit Bank 3133E1280 2 000,000 00
Fed. Home Loan Mtq Coro 3134GWCG9 1 000,315.20
Fed. Nafl Mortqaqe tus 3135GA223 2,000,000.00
Fed. Farm Credit Bank 3130AL3S1 1'000'000 00
Fed. Farm Credit Bank 3130A16G4 1'000'000 00
Fed Farm credit Bank 3130A1618 2'000'000 00
Fed Farm credit Bank 3130ALDN1 2'000'000 00
Fed. Farm credit Bank 3130ALHZ0 1'000'000 00
Fed Farm credit Bank 3130AL162 l'000'000 00
Fed Farm Credit Bank 3130A1[4143 2,000,000 00
Fed Farm credit Bank 3130A1W67 l'000'000 00
Fed Farm credit Bank 3130A11w57 2'000'000 00
Fed Farm cr€dlt Bank 3133Et4H21 2,000,000 00
Fed Farm credit Baok 3I33EML67 2,000'000'00
Fed Farm Credlt Bank 3I33EMN99 2'000'000'00
Fed Farm credit Bank 3133EMw73 3'000,000'00
F€d Home Loan Bank 3I30AOWF6 1,000'000 00
Fed Home Loan Bank 3I3OAOWJ8 1,000,000 00
Fed. Home Loan Bank 313oAOz55 1,000'000.00
Fed. Home Loan Bank 3l3oARcv1 2,000,000 00
Fed. Home Loan Mtq Corp 313,tGXt4X9 1,000,000.00
Fed. Home Loan Bank 3130ARGE5 1,000.000.00
Fed. Home L@n l'ltq Corp 3134GXOP2 1,000,000.00
Fed. Home Loan Eank 3130A5320 r.700,000.00
Fed. Home L@n Bank 3134cXlJM4 1,000.000.00
Fed. Home Loan Bank 3130A5567 1,000,000.00
Fed. Home Loan Bank 3130ASS91 r,000,000.00
Fed. Farm Credit Bank 3133EPrc3 2,000,000,00
Uedium Term Col@raE ilob Banm 1,005,638.42
Monteb€llo cA Pens obliq AA 612285AE6 l'025'906 73
JP Morqan chase Bank NA 46632FRU1 2,000'000'00
lP Moraan Chase 48I2BG2O2 1,000'000 00
Bank of AmeriG MTN 06048WM31 r,000,000,00
Bank ofAmerlG MTN O6O48WM72 1,000,000,00
lohn Deere Capital Corp 24422EWR6 1,023,119'14
Union 749622410
241,OOO.OO
249,000.00
250,000.00
250,000.00
250,000.00
250,000.00
248,000.00
249,000.00
248,000.00
249,000,00
249,000.00
249,000.00
248,000.00
249,000.00
250,000,00
2s0,000.00
249,000.00
2s0,000.00
2s0,000.00
250,000.00
250,000.00
2s0,000.00
2s0,000.00
250,000.00
250,000.00
250,000.00
249,000.00
249,000.00
249,000.00
244,000.00
249.000.00
244.000.00
249.000.00
249,000.00
Natomas cA Schml Dishict 63877NMM6 300,000.00
Tidruru Dl*ounB-amodizlfr o
unn gg:'r:: sz
Unlted Stat6 Tr€sury 8il912797w4 993,073.68
Total P@led Ca3h and InvdmenE
Fah Value Increase (over cosl)
items Oubtandlnq Warranb/Wire TransfeF
oubbndinq Outqoinq AcH Pavments
credlt Card in Transit
(22s,3rs.22)
45,15L47
3,793.22
Reondled Bank Balane
rs,063,137,12)
3 65.090,584.1s
Outrtandinq Items
INDIAN
| , -.:.t:
lwELLS
City of lndian Wells
44-950 Eldorado Drive
lndian Wells CA92210
(760)346-2489CATIFORN IA
lnvestments
Bank Certificates of Deposit
Managed Pool Accounts - LAIF
Money Market Sweep/Checking Account
Negotiable CD's
Medium Term Corporate Notes
Federal Agency lssues - Callables
Miscellaneous Securities - Coupon
Treasury Discounts -Amortizing
lnvestments
Total Earninqs
Current Year
Average Daily Balance
Effective Rate of Return
The
Par
The City of lndian Wells
Portfolio Management
Portfolio Summary
October 31,2023
Market
Value
750,000.00
3,589,587.38
2,482,106.14
7,522,956.83
7,245,980.00
40,447,880.00
760,444.00
3,986,070.00
Book
V.lilc
%ol
Porffolio Term
254
1 1
1,796
1,803
1,590
1,449
175
Days to
Maturity
YTM
360 Equiv.
YTM
365 Equiv.
750,000.00
3,589,587.38
2,482,106.14
7,965,000.00
8,000,000.00
43,700,000.00
800,000.00
4,000,000.00
750,000.00
3,589,587.38
2,482,106.14
7,965,000.00
8,054,664.29
43,700,315.20
801,0'l'1.14
3,986,807.25
1.05 5.03
3.48 11.17
11.29 61_27
1.12 5.59
5.323
3.620
3.914
'1.936
1.341
1.530
0.653
5.'185
5.397
3.670
3.968
1.963
1.360
1.551
0.662
5.258
107
1 1
969
885
744
411
24 71,286,693.52 66,785,024.35 71,329,491.40 100.00% 1,407 1.976 2.004 October3l Month Ending
127,834.42
72,492,649.74
2.O8o/"
cash flow from revenue and maturing investments will be sufficient to cover expenditures for the next six months. All securities are "Marked{o-Market" on a monthly basis.
Reporting period I 0/01/2023-10131 12023 Portfolio CITY AP
PM (PRF_PMl) 7.3.0
Report Ver. 7.3.6.1
696
Run Date: 1 11282023 - '1 5:1 7 No fiscal year history available
The Gity of lndian Wells
Portfolio Management
Portfolio Details - lnvestments
October 31,2023
Page I
Stated YTM Daysto Maturity
Book Value R.t. Fitch 350 MaturitvCUSIP lnvestment #
Bank Certificates of Deposit
lssuer
Pacific Western Bank
Pacific Western Bank
Pacific Western Bank
LAIF - City
LAIF - Redevelopment
Average Purchase
Par Value
250,000.00
250,000.00
250,000.00
750,000.00
3,589,587.38
0.00 3,589,587.38
Market Value
250,000.00
250,000.00
250,000.00
750,000.00
3,589,587.38
0.00 3,589,587.38
SYS579
sYs580
SYS58.I
o6to7t2023
o6t07t2023
0610712023
250,000.00
250,000.00
250,000.00
750,000.00
3,589,587.38
0.00 3,589,587.38
579
580
581
5.350
5.250
5.370
5.350
5.250
5.370
67 0110712024
6 1110712023
249 07107t2024
Managed Pool Accounts - LAIF
SYS21
SYS23
21 23
Subtotal and Average 750,000.00
2,038,936.86
3,938,345.71
3.670
0.233
3.620
0.230
5.323 'lO7
3.620
0.247
0.000
3.541
0.000
5.158
5.178
0.000
0,000
0.197
0.000
0.000
3.914
Subtotal and Average
Money Market Sweep/Ghecking Account
SYSl
SYS6
SYST
SYSs
SYSIO
SYS9
SYS2
SYS3
SYS4
SYS19
SYS5
07t01n022
08t30t2022
0813012022
0710112022
07t0112022
0.250
3.590
5.230
5.250
1 o
7 8
'!0
I
2 3
4 19
5 5'15
574
525
589
501
561
562
512
499
573
Pacific Western Bank
Pacific Western Bank-Ambulance
Pacif ic Western-Publ icFu ndsMMA
US Bank Money Market
US Bank Money Market-4591
US Bank Money Market-4sg0
Pacific Western - Acct Payable
Pacif ic Western-Payroll
Union Bank-Checking
Petty Cash
WestAmerica Bank
Subtotal and Average
0710112022
629,1 39.79
0.00 15,434.47
0.00 19,236.37
1,816,295.51
0.00 0.00
0.00 2,000.00
0.00 629,1 39.79
0.00 15,434.47
0.00 19,236.37
1 ,816,295.51
0.00 0.00
0.00 2,000.00
0.00 629,1 39.79
0.00 15,434.47
0.00 19,236.37
1,816,295.5'1
0.00 0.00
0.00 2,000.00
0.00 0.200
07t0'v2022
07to112022
Negotiable CD's
0200808X4
0523928T3
06063HMS9
062119CD2
06652CHA2
073714YE7
07371 CE88
05580AVX9
14042TAY3
14042R|.JJ8
Alma Bank
Austin Telco Fed Credit Union
Bank of Baroda
Bank Five Nine
Bankwest lnc.
Beal Bank - Plano TX
Beal Bank USA
BMW BANK NORTH AMERICA
Capital One Bank USA NA
Capital One NA
03t31t2020
0912112022
0712212020
07t3112023
07t26t2019
0212312022
02t23t2022
03t3112020
07118t2019
09t21t2022
2,&2,106.14
250,000.00
250,000.00
249,000.00
249,000.00
249,000.00
250,000.00
250,000.00
250,000.00
247,000.00
250,000.00
2,482,106.'14
235,515.00
235,922.50
228,873.33
239,674.95
242,428.89
224.907.50
224,907.50
236,050.00
241,798.18
236,882.50
2,482,106.14
250,000.00
250,000.00
249,000.00
249,000.00
249,000.00
250,000.00
250,000.00
250,000.00
247,000.00
250,000.00
1.400
3.800
0.700
4.500
2.000
1.900
1.900
1.550
2.300
3.900
1.380
3.748
0.690
4.439
1.973
1.A74
1.874
1.529
0.000
0.000
03128t2025
0912112027
07122t2025
07t28t2028
07t26t2024
0211712027
0211712027
03t31t2025
06t26t2024
o9t21t2027
513
't,420
629
1,731
268
1,204
1,204
516
234
1,420
Portfolio CITY
AP
PM (PRF_Prr2) 7.3.0RunDale: 1112812023 - 15:17
Report Ver. 7.3.6.1
Stated
BookValue Rah
Page2
YTM Days to Maturity
360 Maturitv DateCUSIP lnvestment #
Negotiable CD's
1 5201 QDE4
29260MBE4
320278AM9
320437AD8
321 1 0YD93
32026UWs1
321 12UDR9
39573LBLl
530520AK1
5380361D4
58404DS\ 2
64034K4G6
654062J22
667364BV0
69506YR15
7096214S1
724468AG8
7496224L0
856285TF8
866'l6RAGo
871 64XR65
89235MKY6
Medium Term Corporate Notes
lssuer
Bank of America MTN A
Bank of America MTN A
Bank of New York Mellon Corp
John Deere Capital Corp
JPMorgan Chase & Co
JP Morgan Chase Bank NA
Montebello CA Pens Oblig M
The City of lndian Wells
Portfolio Management
Portfolio Details - lnvestments
October 31,2023
Purchase
Oate Fitch
518
520
521
586
592
590
517
550
585
514
587
558
513
519
522
557
588
498
516
591
575
548
Centerstate Bank NA
ENCORE BANK
First Freedom Bank
First Guaranty Bank Hammond LA
First National Bank of America
First Foundation Bank
First Natl Bank of Mccregor TX
Greenstate Credit Union
Liberty First Credit Union
Live Oak Banking Company
Medallion Bank Utah
Nelnet Bank, lnc.
Nicolet National Bank
Northwest Bank
Pacific Western Bank CA CD
Pentagon Federal Credit Union
Pitney Bowes Bank lnc.
RIA Federal Credii Union
State Bank of lndia NY, NY CD
Summit National Bank
Synchrony Bank
Toyota Financial Sgs Bk
Subtotal and Average
Average
Rihnaa
a,424,677.42
0413012020
04t30t2020
04t3012020
ogt11t2023
08t16t2023
0811612023
04t28t2020
0611612021
08t11t2023
03t3112020
0713112023
02t02t2022
0313112020
0413012020
0413012020
09t29t2021
0713112023
0612412019
04t2912020
08t16t2023
09t23t2022
04t22t2021
0512812021
0713012021
0511412020
05t18t2023
0212612021
01t22t2021
07 t17t2020
Par Value
248,000.00
249,000.00
249,000.00
249,000.00
249,000.00
244,000.00
249,000.00
250,000.00
249,000.00
250,000,00
249,000.00
250,000.00
250,000.00
249,000.00
248,000.00
249,000.00
244,000.00
249,000.00
248,000.00
249,000.00
250,000.00
250,000.00
7,965,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
Market Value
232,348.72
243,718.71
243,658.95
239,655.03
245,446.77
234,291.24
233,594.37
222,795.O0
243,805.86
235,470.00
238,659.03
222,282.50
235.472.50
233,O04.24
232.348.72
220,051.26
233,817.88
247,896.93
233,603.60
242,732.67
237,287.50
224.O55.00
7,522,9s6.83
881 ,310.00
874,090.00
938, I 30.00
971,180.00
880,720.00
1 ,751,040.00
949,510.00
248,000.00
249,000.00
249,000.00
249,000.00
249,000.00
244,000.00
249,000.00
250,000.00
249,000.00
250,000.00
249,000.00
250,000.00
250,000.00
249,000.00
248,000.00
249,000.00
244,000_00
249,000.00
248,000.00
249,000.00
250,000.00
250,000.00
7,955,000.00
1,000,000.00
1,000,000.00
1,005,638.42
1,O23,119.14
1,000,000.00
2,000,000.00
1,025,906.73
1.936 969
0413012025
0413012024
04t30t2024
oalo412028
08t15t2028
0810912028
04t28t2025
0611612026
08t07t2028
03t31t2025
0713112028
02t02t2027
03131no25
0413012025
04t30t2025
09l29no26
0713112028
12t2612023
0412912025
08t10t2028
0912312027
04t222026
05t2812026
0713012026
0412412025
01t20t2028
02t2612026
01t2212026
06101t202s
1.250
1.150
1.100
4.500
4.450
4.450
1.350
0.900
4.700
1.400
4.400
1.500
1.400
1.200
1.250
0.900
4.400
2.500
1.600
4.500
3.950
0.900
1.233
1.135
1.086
4.434
4.394
0.000
1.332
0.888
4.641
1.382
4.406
1.479
1.382
1.184
1.233
0.888
0.000
2.468
1.578
4.443
3.896
0.888
546
18't
181
1,738
1,749
1,743
544
958
1,741
516
1,734
1,189
516
546
546
1,063
1,734
55 545
1,744
1,422
903
939
1,002
540
1,54'l
848
813
578
06048\ /M31
06048\ /M72
06406R4N7
24422EVVR6
48128G2Q2
46632FRUl
612285AE6
549
556
524
576
538
f,JJ
526
1.250
1.200
1.600
4.750
0.800
0.700
2.503
1.233
1.184
1.190
4.083
0.789
0.690
0.819
1.341 885
Portfolio Clry
AP
Ptvl (PRF_PM2) 7.3.0Run Date: 11/2812023 - 15:17
Subtotal and Average 8,0ss,664.07 8,000,000.00 7,245,980.00 8,054,664.29
The Gity of lndian Wells
Portfolio Management
Portfolio Details - Investments
October 31,2023
Purchase
Date Par Value
Stated YTM Days to Maturity
Book Value Rate Fitch 360 Maturity ll2foMarket ValueCUSIP lnvestment # Federal Agency lssues - Gallables
lssuer
Fed. Farm Credii Bank
Fed. Farm Credit Bank
Fed. Farm Credit Bank
Fed. Farm Credit Bank
Fed. Farm Credit Bank
Fed. Farm Credit Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Bank
Fed. Home Loan Mtg Corp
Fed. Home Loan Mtg Corp
Fed. Home Loan Mtg Corp
Fed. Home Loan Mtg Corp
Fed. Natl Mortgage Assoc
Fed. Nat'l Mortgage Assoc
Subtotal and Average
31 33ELZ 80
31 33EMH21
31 33EML67
31 33EMN99
3133EM\^r/3
31 33EPPC3
31 30AL3Sl
31 30AL6G4
31 30AL6J8
31 3OALDNl
31 3OALHZO
31 3oALJ62
313OALMM3
3130A1\ /67
3130AMW57
3130AOWF6
313OAQWJ8
3130AQ255
3130ARCV1
313OARGE5
31 30AS3Z0
31 30ASS67
31 30AS591
3134G\ /CGg
3134GXMXg
3134GXQP2
3134GXUM4
3136G4C43
31 35GA2Z3
255651 KY6
63877NMM6
Miscellaneous Securities - Coupon
Dixon CA Unified School Dist
Natomas CA Sch Dist AA lnsured
529
552
553
554
555
582
534
535
536
539
541
542
544
546
551
559
560
cbJ
565
566
568
571
572
530
564
567
569
527
532
Average
Balance
43,700,323.43
o7t29t2020
06t17t2021
06t22J2021
06t30t2021
07t28t2021
07t03t2023
o2t17t2021
0?,25t2021
o2t24t2021
03t16t2021
03t18t2021
03t2412021
0313012021
0412212021
0613012021
02t25t2022
o2t24t2022
0311012022
03t28t2022
o4t21t2022
05t26t2022
08t1612022
0811012022
07t30t2020
03t25t2022
0412812022
0610712022
0811412020
11t17t2020
02t18t202'l
10t01t2020
2,000,000.00
2,000,000.00
2,000,000.00
2,000,000.00
3,000,000.00
2,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
2,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
1,000,000-00
1,700,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
2,000,000.00
43,700,000.00
500,000.00
300,000.00
1,844,200.00
1,794,900.00
1,788,700.00
1,854,920.00
2,675,9'10-00
1,996,940.00
902,380.00
901,040.00
'1,803,360.00
1,806,840.00
925,420.00
904,340.00
1 ,813,020.00
906,920.00
1,809,160.00
909,1 50.00
906,280.00
918,630.00
1,974,000.00
930,380.00
1,657,500.00
965,780.00
953,940.00
932,260.00
956,390.00
965,940.00
984,920.00
1,842,680.00
1,82't,980.00
2,000,000.00
2,000,000.00
2,000,000.00
2,000,000.00
3,000,000.00
2,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
2,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
1,700,000.00
1,000,000.00
1,000,000.00
1 ,000,315.20
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
2,000,000.00
43,700,315.20
501,011.14
300,000.00
636 07t29t2025
957 061',t512026
964 0612212026
607 06t30t2025
1,000 07t28t2026
245 07t0312024
a39 0211712026
847 02t25t2026
846 0212412026
866 03/16/2026
595 06/18/2025
874 0312412026
880 03/30/2026
903 04t22n026
972 06t3012026
1,212 02t2512027
1,211 02t2412027
1,225 03t10t2027
148 03t28t2024
1,267 04t21t2027
391 11t26t2024
1,384 0811612027
1,378 0811012027
546 04t30t2025
510 o3l25DO25
544 04128t2025
219 06t0712024
652 0811412025
747 1'u17t2025
0.580
0.900
0.800
o.740
0.870
5.375
0.625
0.600
0.625
0.800
0.530
0.875
1.000
1_100
0.750
2.',150
2.050
2.500
z.zJv
3.000
3.000
4.500
4.000
0.650
2.200
3.030
3.050
0.650
0.560
0.572
0.888
0.789
0.730
0.858
5.301
0.616
0.592
0.616
0.789
0.523
0.863
0.986
1.085
0.700
2.121
2.O22
2.466
1.846
2.959
2.959
4.438
3.945
0.621
2.170
2.988
3.008
0_641
0.552
40,/r47,880.00
481.960.00
278,484.00
0.672
1.100
0.395
1.085
1.530 784
0.653 411
274 0A10112024
639 0810112025
Portfolio CITY
AP
PM (PRF_PM2) 7.3.0Run Dale: 11/2a12o23 - 15:17
537
531
Subtotal and Average 801,053.69 800,000.00 760,444.00 801,011.14
Average Purchase
Par Value
3,000,000.00
1,000,000.00
4,000,000.00
71,286,693.52
Market Value
2,993,430.00
992,640.00
3,986,070.00
56,785,024.35
YTM Daysto
360 Maturitv
Maturity
'15 11t16t2023
50 12t2112023
The City of Indian Wells
Portfolio Management
Portfolio Details - Investments
October 31,2023
CUSIP lnvestment #
Treasury Discounts -Amortizing
912797FK8
912797FV4
lssuer
United States Treasury Bill
United States Treasury Bill
Subtotal and Average
Total and Average
577
584
05t18t2023
07t20t2023
Stated
Book Value Fr.tr Fitch
2,993,733.57
993,073.68
4.995
3,986,807.25
71,329,491.40
5.196
5.1 53
4,783,638.55
72,492,649.74
5.185 24
1.976 696
Portfolio CITY
AP
Prvr (PRF_PM2) 7.3.0Run Daie. f nBD023 - 15:17
",4 r
\YwINDIAN ELLS 2014, 2015, 2016, 2020 Series
Portfolio Management
Portfolio Summary
October 31,2023
City of lndian Wells
44-950 Eldorado Drive
lndian Wells C492210
(760)346-2489CALITORNIA
lnvestments
Money Market Sweep/Checking Account
lnvestments
Value
10,623.90
10,623.90
Market
Value
10,623.90
10,623.90
Par %of
Portfolio
10,623.90 100.00
10,623.90 100.00%
Book
Value
Day6 to
Maturity
YTM
360 Equiv.
0.000
0,000
Te]m
YTM
365 Equiv.
0.000
0.000
Portfolio 144
CP
PM (PRF_PM1)7.3.0
Report Ver. 7.3.6.1
1 Total Earnings
Current Year
Average Daily Balance
of Return
Kevin
Reporting period 1 0/01/2023-'|.0131 12023
October 31 Month Ending
0.00 't0,585.7s
0.00%
Run Date: 1112812023 - 18:09 No fiscal year history available
SYS28
SYS26
SYS25
SYS27
SYS24
lssuer
2014A Bonds Reserve
All Bond Series Principal
All Bond Series lnterest
All Bond Series Debt Svc
Cost Of lssuance Escrow
Subtotal and Average
Total and Average
Stated
BookValue Rate
0.00 1 1.61
0.00 10,612.29
0.00 10,623.90
10,623.90
Page {
YTM Daysto Maturity
365 Maturitv Date
0.000
0.000
0.000
0.000
0.000
0.000
0.000
Portfolio 144
CP
PM (PRF_PM2) 7.3.0
2O1 4, 201 5, 2016, 2020 Series
Portfolio Management
Portfolio Details - lnvestments
October 31,2023
Purchase
Date Par Value FitchCUSIP lnvestment #
Money Market Sweep/Checking Account
Average
Balencc
10,585.75
10,585.75
07t01t2022
07to1t2022
071o1t2022
071o112022
0710112022
0.00 1 1.61
0.00 10,612.29
0.00 't0,623.90
10,623.90
Market Value
0.00 1 1.61
0.00 10,612.29
0.00 10,623.90
,t0,623.90
2A
26 25
27 1
Run Date: 1 112812023 - 18:09
Report Ver. 7.3.6.1
-i&,t
INDIAN\TWELLS
City of lndian Wells
44-950 Eldorado Drive
lndian Wells C492210
(760)346-2489CALIFORNIA
lnvestments
Money Market Sweep/Checking Account
lnvestments
Total Earnings
Current Year
Average Daily Balance
of Return
Kevin Agenry Treasurer
Reporting period 1 0/01 /2023-10131 12023
Value
1.00 1.00
October 31 Month Endinq
Par
2015 A Bonds
Portfolio Management
Portfolio Summary
October 31,2023
Market
Value
Book
Value
%of
Portfolio Term
Days to
Maturity
YTM
360 Equiv.
0.000
0.000
365 Equiv.
0.000
0.000
Portfolio 15A
CP
PM (PRF_PMl) 7.3.0
Report Ver. 7.3.6.1
1.00 't.00
1 .00 100.00
1.00 100.00% 1
0.00 {.00
0.00%
Run Date: 1112812023 - 18:14 No fiscal year history available
sYs27
SYS22
lssuer
201 5 A Reserve
UBC Cost Of lssuance Escrow
Subtotal and Average
Total and Average
Stated
BookValue R.ta
1.00 1.00
YTM Days to Maturity
Fitch 365 Maturitv Dafe
0.000
0.000
Portfolio 15A
CP
PM (PRF_Prvr2) 7.3.0
2015 A Bonds
Portfolio Management
Portfolio Details - lnvestments
October 31,2023
Purchase
DaleCUSIP lnvestment #
Money Market Sweep/Checking Account
Average
1.00 1.00
0710112022
07to1t2022
Par Value
1.00 1.00
Market Value
1.00 1.00
27 22
'1.00
0.00 '1.00
0.00 1.00
0.00 0.000
0.000
Run Date: 11/2812023 - 18:14
Report Ver. 7.3.6.'1
-tr{,
INDIAT.TfoVWELLS
City of lndian Wells
zt4-950 Eldorado Drive
lndian Wells CA'92210
(760)346-2489CALIFORNIA
lnvestments
Money Markei Sweep/Checking Account
lnvestments
Total Earnings
Cunent Year
Balance
of Return
Agency
Reporting period 1 0/01 /2023-10131 12023
Value
1.00 1.00
October 31 Month Ending
Par
2016 A Bonds
Portfolio Management
Portfolio Summary
October 31,2023
Market
Valrrc
1.00 1.00
Book
Valrre
%oI
Portfolio
Days to
Maturity 360 Equiv.
0.000
0.000
355 Equiv.
0.000
0.000
Portfolio 16A
CP
PM (PRF_Pr\41) 7.3.0
Report Ver. 7.3.6.1
Te]m
1.00 100.00
1.00 100.00% 1
0.00 1.00
0.00%
Run Date: 11/2812023 - 18:16 No fiscal year history available
CUSIP lnvestment # lssuer
Money Market Sweep/Checking Account
SYS28 1 UBC Cost Of lssuance Escrow
SYS33 2 Union Bank ReserveAccount
Subtotal and Average
Total and Average
0.00 1-00
0.00 '1.00
0.00 1.00
0.000
0.000
Average
1.00 1.00
071o112022
07luno22
Par Value
1.00 1.00
Market Value
1.00 1.00
2016 A Bonds
Portfolio Management
Portfolio Details - lnvestments
October 31,2023
Purchase
Date
Stated YTll Days to Maturity
Book Value p.ra Fitch 365 Maturitu l)*a
1.00 0.000
1.00 0.000
Portfolio 16A
CP
PM (PRF_PM2) 7.3.0Run Date: 111282023 - 18:16
Report Ver. 7.3.6.1
INDIA "(4,'r.L .\ r
N'i)'WELLS
CAtIFOR,N IA
City of lndian Wells
44-950 Eldorado Drive
lndian Wells CA92210
(760)346-2489
lnvestments
Money Market SweepiChecking Account
lnvestments
Total Earnings
Current Year
Average Daily Balance
ol Return
Reporting period 1 0/01 /2023-1013'1 12023
Par
1.00 1.00
October 31 Month Endinq
2020 A Bonds
Portfolio Management
Portfolio Summary
October 31,2023
Market
1.00 r.00
Book o/o ol
P^i+f^li^
1.00 100.00
1.00 100.00%
Term
Days to
Maturity 360 Equiv.
0.000
0.000
YTM
365 Equiv.
0.000
0.000
Portfolio 20A
CP
PM (PRF_PM1) 7.3.0
Report Ver. 7.3.6.1
1 0.00
1.00 0.00%
Run Date: 1128/2023 - 17:50 No fiscal year history available
Average
1.00 1.00
2020 A Bonds
Portfolio Management
Portfolio Details - lnvestments
October 31,2023
Purchase
Date Par Value
1.00 1.00
Stated YTM Daysto Matudty
Book Value p.+a Fitch 355 Maturitv l'lrfaMarket Value
1.00 1.00
1.00 1.00
0.000 1
0.000
CUSIP lnvestment # lssuer
Money Market Sweep/Checking Account
SYSI 1 2020 A Bonds COI
SYS2 2 2020 A Bonds Reserve
Subtotal and Average
Total and Average
07101t2022
07to1t2022
0.00 1.00
0.00 1.00
0.00 1.00
0.000
0.000
Portfolio 20A
CP
PM (PRF_PM2) 7.3.0Run Date: 1128/2023 - 17:50
Report Ver. 7.3.6.1
INDIAN
;r'lry-./
:{ "- .'
.-\)'WELLS City of lndian Wells
44-950 Eldorado Drive
lndian Wells CA92210
(760)346-2489CATIFQRN IA
lnvestments
Money Market Sweep/Checking Account
lnvestments
Value
6,955,911.67
6,955,911.67
Book
Value
%ol
Portfolio
6,955,91 1 .67 100.00
6,955,911.67 100.00%
6,955,91 1.67
6,955,911.67
Par
2022 Bonds
Portfolio Management
Portfolio Summary
October 31,2023
Market
Valrra Term
Days to
Maturity
YTM
360 Equiv.
0.000
0.000
YTM
365 Equiv.
0.000
0.000
Portfolio 22
CP
PM (PRF_PM1) 7.3.0
Report Ver. 7.3.6.1
1 Total Earnings
Current Year
Average Daily Balance
Effective
Kevin Agency Treasuer
Reporting period 1 0/0'l /2023-10131 12023
October 31 Month Ending
0.00 8,858,089.56
0.00%
RunDale. 1128f2O23 - 17:48 No fiscal year history available
2022 Bonds
Portfolio Management
Portfolio Details - lnvestments
October 31,2023
Purchase
Date Par Value
YTM Days to Maturity
365 Matudtv DateMarket Value
0.00 215.49
6,954,812.53
881.54
2.11 6,9s5,911.67
6,955,911.57
Stated
BookValue Rate
0.00 215.49
6,954,812.53
881.54
2.11 5,955,91 1.67
5,955,911.67
FitchCUSIP lnvestment#
Money Market Sweep/Checking Account
SYS2
SY54
SYSl
SYS5
SYS3
Subtotal and Average
Total and Average
lssuer
2022 Bonds COI
2022 Bonds lnterest
2022 Bonds Project Fund
2022 Bonds Redemption Fund
2022 Bonds Payment Fund
2 4
1 5
J
Average
8,858,089.55
8,858,089.56
07t0112022
o3t16t2023
071o112022
0311612023
0912112022
0.00 215.49
6,954,812.53
881.54
2.11 6,95s,91 1.67
6,955,911.67
0.000
0.000
0.000
0.000
0.000
0.000
0.000
Porllolio22
CP
PM (PRF_PM2) 7.3.0Run Dalet f f2ar2o23 - 17:48
Report Ver. 7.3.6.1
INDIAN WELLS CITY COUNCIL
December 7, 2023
To: City Council
From: Community Development Department
Prepared by: Jon Berg, Community Development Director
Subject: Ordinance Amending City’s Zoning Code Relating to City Landscape Requirements and Finds the Action Exempt from CEQA
RECOMMENDED ACTIONS:
Council OPENS the Public Hearing, takes any public testimony, CLOSES the Public Hearing; and
FINDS that the proposed ordinance is exempt from the California Environmental Quality Act (“CEQA”) pursuant to Section 15304, where the proposed amendment consists of minor public or private alterations to the condition of land, water or vegetation as there is no possibility the activity in question will have a significant effect on the environment; and
INTRODUCES Ordinance to be read by title only and further reading waived, amending Sections 21.60.020, 21.60.080, 21.90.030 and adding Section 21.60.085 to the Zoning Code relating to the City’s landscape regulations.
BACKGROUND/DISCUSSION:
Over the years, the State of California has delegated responsibility on cities to comply with new water efficient landscaping rules and regulations to address drought conditions.
On April 21, 2021, Governor Newsom issued Executive Order N -7-22, proclaiming a statewide drought emergency. This allowed the state to respond to severe drought conditions by imposing water conservation initiative s to safeguard water supplies for communities, the economy and the environment. The local water purveyor, the Coachella Valley Water District (CVWD), has taken several steps to support California’s water conservation landscape initiatives, including encour aging customers to replace water - intensive landscaping with drought-tolerant plants and install efficient irrigation systems through regulations, incentives, and education programs . Although Governor Newsom recently (March 24, 2023) eased drought restrict ions in re sponse to the record rainfall amounts received this past year, he has retained the state of emergency for all 58 counties to continue regulations aimed at wasteful water use in landscape applications.
Section 21.60.080 (7)(iii) of the City’s Z oning Code currently requires ground cover plantings to cover at least 80% of landscaped areas, with a maximum of 20% rocks or bare earth, commonly referred to as the “80/20” rule . This has been a long -standing regulation of the City and many property owners, who are now converting their yards to drought tolerant landscape to comply with State and local water conservation initiatives, are claiming the City’s 80/20 rule is not consistent with state and local water conservation objectives. The concern became further apparent when Code Enforcement was directed to inspect and issue Notice of Violations (NOV) to all property owners within the city who were out of compliance with the City’s 80/20 coverage requirements.
Consequently, on June 14, 2023, the City Council and Planning Commission held a joint study session to review the matter and hear public testimony on both sides of the issue.
After much deliberation, staff was instructed to hire a professional landscape consultant to work with the Plann ing Commission and hold study sessions with the community to come up with potential modifications to the City’s landscape standards that better align with State and local water conservation initiatives while still maintaining the City’s lush and attractive street appeal.
Planning Commission Review and Recommendation: The Planning Commission held three (3) separate study sessions with the community and the City’s professional landscape consultant, Chris Herman. Staff worked diligently with Mr. Herman to develop updated landscape standards and design strategies based on the input and feedback received during the se study sessions. On October 26, 2023, the Planning Commission held a duly noticed public hearing to formally review the proposed landscape standards, and voted unanimously to recommend City Council approval of the draft ordinance with four (4) amendments to their resolution (Attachment 1), including:
1. Consideration of a policy that requires all properties found to be in violation of the City’s current Landscape Ordinance during the City’s recent code enforcement campaign conducted between May and June, 2023, commit to a timeline for bringing their lands caped areas into compliance with the new Landscape Ordinance as follows:
a. Submit an application (no fee) or begin working with staff on a plan for compliance within a 30-day period once the new Landscape Ordinance takes effect; and
b. Complete their landscape project within a 12-month period after the new Landscape Ordinance takes effect.
2. Provide better clarification and simplify the legal nonconforming language within the new Landscape Ordinance to include the term “grandfathered” and provide an example of legal nonconforming landscape projects; and
3. Include measures in the new Landscape Ordinance that will help prevent mosquito breeding and vector issues; and
4. Consider allocating funds for the production of an informational video to help illustrate and guide residents to better understand the new landscape standards and design principals and make it readily available on the City’s website.
The Planning Commission’s recommended ordinance for Council’s consideration incorporates the landscape standards develop ed through the three (3) study sessions with the residents and community stakeholders (Attachment 2) and includes a policy recommendation for the property owners found to be in violation of the 80/20 rule during the City’s recent code enforcement campaign . However, in preparation for the City Council meeting, staff and the City Attorney met with individual Council Members independently to debrief them on the proposed landscape standards, including the policy recommendation. During the ir debrief meetings, questions were raised by Council members regarding the most fair and equitable way to implement the new landscape rules, including all property owners within the city and not just those who were recently issued notices for non-compliance with the 80/20 rul e. Consequently, city staff worked with the City Attorney’s office to come up with the following policy , as one of many possible options, for Council’s consideration in implementing the new landscape standard and addressing non-compliant properties:
1. Rescinding all recent notices sent out to property owners found to be in non - compliance with the 80/20 rule.
2. Apply the city’s landscape standards to the following properties within all areas of the City that are not part of a common-interest development:
A. All new construction after January 1, 2024;
B. All new substantial -relandscape projects after January 1, 2024 (“substantial-relandscape” means more than 250 sf); and
C. All properties that, as of December 1, 2023, have fewer than two plants per 100 square feet or that have less than 50 percent coverage with city - approved groundcover (organic and inorganic).
3. Any property owner may apply for discretionary administrative landscape- exception approval from the Community Development Director, with appeal to the City’s Design Review Committee (“DRC”).
OPTIONS:
The Planning Commission recommended City Council adopt the ordinance and provide further policy direction to address those property owners recently found to be in violation of the city’s existing 80/20 landscape coverage requirements. The following options are available for Council’s consideration:
1. Approve Planning Commission’s recommendation for adopting the Ordinance , including their recommended policy for gaining compliance with recent property owners found to be in violation of the existing 80/20 rule; or
2. Approve Planning Commission’s recommendation for adopting the Ordinance, with the City Attorney’s optional policy for city-wide compliance as presented or amended; or
3. Deny these recommendations and ask staff to return with a modified Ordinance and policy direction; or
4. Provide alternative direction.
FISCAL IMPACT:
No fiscal impact.
CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA):
This action has been assessed in accordance with the authority and criteria contained in the California Environmental Quality Act (CEQA), the State and local CEQA Guidelines, and the environmental regulations of the City. The City acting as Lead Agency, as determined the ordinance is exempt from the California Environmental Quality Act (“CEQA”) pursuant to Section 15304, where the proposed ordinance amendment consists of minor public or private alterations to the condition of land, water or vegetation as there is no possibility the activity in question will have a significant effect on the environment.
Alternatively, it has determined the ordinance amendment is exempt from CEQA per CEQA Guidelines Section(s) 15307 and 15308 as actions taken by regulatory agencies, as authorized by state law or local ordinance, to maintain, restore, or enhance a natural resource.
ATTACHMENTS:
1. Resolution No. PC 2023-07
2. Ordinance
3. Code Amendments (Track Changes)
ATTACHMENT #1
26529.10000\41745584.2
ORDINANCE NO. ____
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF INDIAN WELLS AMENDING SECTIONS 21.60.020 , 21.60.080, 21.90.030 AND ADDING SECTION 21.60.085 TO THE CITY ZONING CODE RELATING TO CITY
LANDSCAPE REQUIREMENTS PURSUANT TO AN EXEMPTION FROM CEQA W
HEREAS, the City of Indian Wells, California (“City”) is a municipal corporation, duly organized under the constitution and laws of the State of California; and WHEREAS, California Government Code section 65800 et seq. authorizes the adoption and administration of zoning laws, ordinances, rules, and regulations by cities as a means of implementing the General Plan; and
WHEREAS, the City has the authority under Article 11, Section 5 of the California Constitution and the City Charter to make, amend, and enforce all ordinances and regulations with respect to municipal affairs; and
WHEREAS, the City desires and intends to amend Section (s) 21.60. 020, 21.60.080,
21.90.030 and add Section 21.60.085 to the City’s Zoning Code to clarify existing regulations and adopt new regulations related to the City’s landscape requirements; and WHEREAS, the Planning Commission held three (3) separate study sessions with the community and the City’s professional landscape consultant to discuss potential revisions to the city’s landscape regulations at which time all persons wishing to be heard were afforded an opportunity to be heard; and
W
HEREAS, on October 12, 2023, the City gave public notice of a Planning Commission public hearing to be held to consider this Ordinance by advertisement in a newspaper of general circulation; and
W
HEREAS, on October 26, 2023, the Planning Commission held a duly -noticed public hearing to consider the staff report, recommendations by staff, and public testimony concerning this Ordinance. Following the public hearing, the Planning Commission voted to forward the Ordinance to the City Council with a recommendation in favor of its adoption; and W
HEREAS, on November 21, 2023 the City gave public notice of a City Council public hearing to be held to consider this Ordinance by advertisement in a newspaper of general circulation; and
W
HEREAS, on December 7, 2023, the City Council held a duly-noticed public hearing to consider the Ordinance, including: (1) the public testimony and agenda reports prepared in connection with the Ordinance, (2) the policy considerations discussed therein, and (3) the consideration and recommendation by the City’s Planning Commission; and W
HEREAS, all legal prerequisites to the adoption of the Ordinance have occurred.
ATTACHMENT #2
26529.10000\41745584.2
City of Indian Wells
Ordinance No. __
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF INDIAN WELLS DOES HEREBY ORDAIN AS FOLLOWS:
Section 1. The foregoing Recitals are true and correct and are incorporated herein by this reference.
Section 2. CEQA. This action has been reviewed in accordance with the authority and criteria contained in the California Environmental Quality Act (CEQA), the State and local CEQA Guidelines, and the environmental regulations of the City. The City, acting as the Lead Agency, has determined the ordinance amendment is exempt from CEQA pursuant to Section 15304, where the proposed amendment consists of minor public or private alterations to the condition of land, water or vegetation as there is no possibility the activity in question will have a significant effect on the environment. Alternatively, it has determined the ordinance amendment is exempt from CEQA per CEQA Guidelines Section(s) 15307 and 15308 as actions taken by regulatory agencies, as authorized by state law or local ordinance, to maintain, restore, or enhance a natural resource. The City shall file a notice of exemption within five business days of adoption.
Section 3. General Plan. This Ordinance is, as a matter of law, consistent with the City’s General Plan pursuant to Government Code Section 65852.2(a)(1)(C). Based on the entire record before the City Council, including the Planning Commission recommendation and all written and oral evidence presented, the City Council hereby finds that the proposed water efficient landscape amendments to the City’s Zoning Code are consistent with stated goals and policies in the City’s adopted General Plan, including General Plan Policy(s) 11.A1.18(1) which aims to promote water efficient landscaping and other methods to support environmental conservation goals; Policy IIIA8.3 which aims to incorporate water-wise native landscaping or alternative water saving materials (i.e., artificial turf) whenever feasible within the City, and; Water Conservation Goal IIIA5 which aims to protect and maintain safe and adequate water supply to ensure that the City’s growing demand for water can be met in a sustainable manner.
Section 4. Code Amendments. Section(s) 21.60.020, 21.60.080, 21.90.030 and
21.60.085 of the Indian Wells Zoning Code are hereby amended and added, respectfully, to read in their entirety as set forth in Exhibit “A,” attached hereto and incorporated herein.
Section 5. Effective Date. This Ordinance takes effect 30 days following its adoption.
Section 6. Custodian of Records. The documents and materials that constitute the record of proceedings on which this Ordinance is based are located at the City Clerk’s office located at 44950 Eldorado Drive, Indian Wells, CA 92210. The custodian of these records is the City Clerk.
Section 7. Severability. If any section, sentence, clause or phrase of this Ordinance or the application thereof to any entity, person or circumstance is held for any reason to be invalid or unconstitutional, such invalidity or unconstitutionality shall not affect other provisions or applications of this Ordinance which can be given effect without the invalid provision or application, and to this end the provisions of this Ordinance are severable. The City Council and the people of the City of Indian Wells hereby declare that they would have adopted this Ordinance and each section, sentence, clause or phrase thereof, irrespective of the fact that any one or more section, subsections, sentences, clauses or phrases be declared invalid or unconstitutional.
26529.10000\41745584.2
City of Indian Wells
Ordinance No. __
Section 8. Publication; Effective Date. The City Clerk shall certify to the adoption of this Ordinance. Not later than 15 days following the passage of this Ordinance, the Ordinance, or a summary thereof, along with the names of the City Council members voting for and against the Ordinance, shall be published in a newspaper of general circulation in the City of Indian Wells.
PASSED APPROVED AND ADOPTED by the City Council of the City of Indian Wells, California, at a regular meeting held on the 7th day of December 2023.
________________________
GREG SANDERS
MAYOR
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF INDIAN WELLS)
CERTIFICATION FOR ORDINANCE NO. ____
I, Angelica Avila, City Clerk of the City Council of the City of Indian Wells, California, DO HEREBY CERTIFY that Ordinance No. __ , having been regularly introduced at a regular meeting of December 7, 2023 was again introduced, the reading in full thereafter unanimously waived, and duly passed and adopted at a regular meeting of the City Council held on January ___, 2024 and said Ordinance was passed and adopted by the following stated vote, to wit:
AYES:
NOES:
and was thereafter on said day signed by the Mayor of said City of Indian Wells.
ATTEST: APPROVED AS TO FORM:
__________________________________ ________________________________
ANGELICA AVILA TODD LEISHMAN
CITY CLERK CITY ATTORNEY
26529.10000\41745584.2
City of Indian Wells
Ordinance No. __
EXHIBIT A
Amended Landscape Regulations
(follows this page)
26529.10000\41745584.2
City of Indian Wells
Ordinance No. __
Exhibit A: Code Amendments
Section 21.60.085 is hereby added to Title 21 Zoning Code to read in its entirety as follows:
21.60.085 Landscape Application Requirements
A complete landscape application shall include the items listed below. Submissions that are incomplete will not be considered. The Planning Department or Review Authority (as defined by Section 21.60.020(b)(1)) may require additional information for a particular application. Design guidelines established by the City, or if applicable, a Homeowners Association’s Landscape Guidelines should be consulted prior to submission of the application. a) Purpose and Intent.
This Section provides general standards establishing landscaping requirements that are intended to:
1) Protect and elevate the city’s unique desert setting, distinguishing itself as a prestigious resort community. The standards set forth aim to enhance the aesthetic appearance of all developments.
2) Ensure compatibility between adjoining land uses and public rights of way, ensuring a harmonious blend with the surrounding environment.
3) Conserve water through efficient irrigation and appropriate plant selection, and align the city’s standards with state water conservations acts aiming to reduce water consumption.
4) Prioritize the health and safety of the public, ensuring that landscaping practices in the City enhance pedestrian and vehicular traffic safety and maintain the integrity of neighborhoods.
5) Establish a unified City landscape theme, promote water conservation and enhance the physical and natural beauty of the environment.
b) Definitions.
As used in this Section, terms are defined as follows:
1) “Artificial turf” means a surface made from synthetic fibers to look like natural grass.
26529.10000\41745584.2
City of Indian Wells
Ordinance No. __
2) “Berming” means the process of creating raised areas of soil, often for the purpose of enhancing landscape design or managing water flow.
3) “Box trees” means trees that are sold in large square containers. Size, such as 24- inch or 36-inch, refers to the diagonal measurement of the box. 4) “Compost” means decomposed organic matter used to enrich soil. 5) “Drought-tolerant plants” means plants that can survive with minimal water, often native to arid regions.
6) “Focal points” means elements in a landscape design that capture attention, such as a unique plant, water feature, statue, or other installations. 7) “Golden ratio” means a mathematical ratio found in nature and art, often used in design for its aesthetically pleasing properties. In landscaping, it refers to the proportional arrangement of plants and hardscape.
8) “Hardscape” means non-living elements of landscaping, such as concrete patios, walkways, and walls.
9) “Hydrozone” means a portion of the landscaped area having plants with similar water needs that are served by sprinkler heads, a valve or set of valves with the same schedule.
10) “Irrigation system” means a system that delivers water to plants. Types include drip irrigation (where water drips slowly to the roots of plants) and sprinkler systems. 11) “Landscape area” means all non-turf areas such as parkways, planters, flower beds and undeveloped areas that require landscape, irrigation and weed control. 12) “Mulch” means an organic material spread around plants to retain moisture, suppress weeds, and improve soil health.
13) “Non-functional turf” means turf that is solely ornamental and not regularly used for human recreational purposes or for civic or community events. 14) “Non-organic ground cover” means inorganic materials used to cover the ground for decorative or functional purposes, such as decomposed granite, crushed rock, cobbles, and boulders.
15) “Non-potable water” means water not treated to drinking water standards and is not meant for human consumption. Includes raw (untreated) water from reservoirs, which is commonly used for irrigation and other purposes.
16) “Organic cover” means a natural material used to cover the soil and enhance its quality. Examples include mulch and compost.
17) “Plant density” means the number of plants within a defined landscape area calculated as an average of plants per 100 square-feet.
26529.10000\41745584.2
City of Indian Wells
Ordinance No. __
18) “Plant size” means the volume of the container in which a plant is sold, which gives an approximate idea of the size of the plant. Common sizes include one -gallon, five- gallon, and fifteen-gallon.
19) “Texture” means how fine or coarse the surface of a plant or non-organic material is.
For non-organic ground cover, texture refers to the size of the crushed rock, pebbles, stone, etc.
20) “Tree root barrier” means a root deflector, which can be made from various materials that help block or redirect roots to prevent damage to adjacent hardscape features or structures.
21) “Turf” means the upper layer of ground that is made up of live grass and plant roots. 22) “Weed barrier” means a permeable cloth material laid over the ground to prevent the growth of weeds.
c) Review and Permitting Authority.
1) All landscape projects with a landscaped area greater than 250 square feet and less than 2,500 square feet shall be reviewed and permitted by the Planning Department in compliance with this Section.
2) Landscape plans exceeding 2,500 square feet and not within an active homeowner’s association shall be reviewed by the City’s Design Review Committee (DRC). 3) Landscape plans for areas greater than 2,500 square feet shall require plans drawn by a professional landscape architect licensed in the state of California. 4) The following projects shall be exempt from review and approval by the Planning Department or the DRC:
i. Homeowner installed and individually maintained landscaping within private enclosed courtyards, sideyards, and backyards, not visible from public areas; and
ii. Minor landscape modifications or changeouts of less than 250 square feet. iii. Properties with existing legal nonconforming landscape projects as allowed under Section 21.90.030 of the Municipal Code. Such properties are considered “grandfathered” and exempt from the regulations of this Section.
Changes to existing legal nonconforming or “grandfathered” landscape projects are subject to regulations in Section 21.90.030 of the Municipal Code.
By way of example only, if a homeowner legally established landscaping in their front yard prior to adoption of this Section, but the legally e stablished landscaping does not comply with this Section, the landscaping is “grandfathered” and may remain in place. If at a later time the homeowner decides to alter or enlarge its landscaping, the homeowner would have to
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comply with this Section, as applicable. In certain situations, like where the landscape modifications are less than 250 square feet, the modifications would not require review and permitting by the Planning Department.
5) Active homeowner association shall abide by the City's landscape standards unless they have received formal approval for alternative standards through a City approved entitlement process.
6) All properties that require the installation of landscaping in compliance with the development standards of this title shall provide and maintain landscaping in compliance with the provisions of this chapter.
7) The following landscape projects shall also comply with Chapter 21.70 Water Efficient Landscaping of the City Municipal Code.
i. New construction and rehabilitated landscapes for public agency projects and private development projects requiring a building or landscape permit, plan check or design review;
ii. New construction and rehabilitated landscapes which are developer -installed in single -family and multi -family projects requiring a building or landscape permit, plan check or design review; and
iii. New construction and rehabilitated landscapes which are homeowner-provided and/or homeowner-hired in single-family and multi-family residential projects with a total project area equal to or greater than two thousand five hundred (2,500) square feet requir ing a building or landscape permit, plan check or design review.
d) Submittal of Landscape Plan.
A comprehensive and fully dimensioned landscape plan shall be submitted to the Planning Department, including the following details:
1) Site plan with north arrow identifying the planting areas drawn to scale, along with the location and spacing of proposed plants, trees and any other vegetation. Plants having similar water use shall be grouped together in distinct hydrozones. 2) Show the location and type of irrigation system to be utilized within the different hydrozones, as appropriate.
3) Show all existing or proposed features on the site plan, including pools, spas, fountains, decks (concrete or wooden), planters, walkways, gates, low walls, etc. Also indicate proposed finishes for all flat work.
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4) Provide a complete plant palette legend identifying size and species, both common and Latin names, and water usage per the Water Use Classification of Landscape Species (WUCOLS). Drought tolerant species are encouraged. e) Landscape Design Standards.
Landscape designs for residential lots, common areas, and commercial developments shall be required to meet the minimum design criteria:
1) Residential lots.
i. Plant density shall be three (3) plants per 100 square -feet of landscape area minimum.
ii. Live or artificial turf areas are permitted and discounted from overall landscape area.
iii. A variety of five (5) unique plant species shall be incorporated within the overall landscape area.
iv. 70% of plants shall be five (5) gallon; 30% of plants shall be fifteen (15) gallon.
Only seasonal plantings (flowers) may be less than five (5) gallon, but shall not be counted toward plant density.
v. A minimum of two (2) 24-inch box trees required in each front yard. Two (2) palm trees at least 8-feet in height may substitute for one (1) 24-inch box tree.
Corner lots shall meet this minimum tree requirement for each of their frontages. Tree root control barriers shall be used on trees installed within 5- feet of any hardscape element or structure.
2) Common areas.
i. Plant density shall be three (3) plants per 100 square -feet of landscape area minimum.
ii. Artificial turf areas permitted. Non-functional turf permitted only if irrigated by non-potable water source. Non -functional turf and/or artificial turf shall be discounted from overall landscape area.
iii. A variety of four (4) unique plant species shall be incorporated within the overall landscape area.
iv. 70% of plants shall be five (5) gallon; 30% of plants shall be fifteen (15) gallon.
Only seasonal plantings (flowers) may be less than five (5) gallon, but shall not be counted toward plant density.
v. One (1) 36-inch box tree or two (2) palm trees at least 8-feet in height required per 1,000 sqft of landscape area.
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3) Commercial areas.
i. Plant density shall be four (4) plants per 100 square -feet of landscape area minimum.
ii. Artificial turf areas permitted. Non-functional turf permitted only if irrigated by non-potable water source. Non -functional turf and/or artificial turf shall be discounted from overall landscape area.
iii. A variety of five (5) unique plant species shall be incorporated within the overall landscape area.
iv. 70% of plants shall be five (5) gallon; 30% of plants shall be fifteen (15) gallon.
Only seasonal plantings (flowers) may be less than five (5) gallon, but shall not be counted toward plant density.
v. Trees shall be incorporated into the design of all off street parking areas in compliance with Section 21.100.030 of the City’s Municipal Code.
vi. Trees shall be planted along commercial street frontages at a rate of one (1) 36-inch box tree, or one (1) palm tree at least 10-feet in height, per 30-linear feet of street frontage or at the minimum distance between trees as recommended for the specific tree species.
4) Non-organic ground covers and materials.
Open or voided areas within a defined landscape area shall be covered with non-organic ground covers, including but not limited to decomposed granite, crushed rock, cobbles, boulders, mulch, and artificial turf. Bare earth shall not be permitted. A minimum of two (2) different textures of non -organic ground covers shall be required within defined landscape areas, including but not limited to:
i. Crushed Rock: 0.5-inch to 1-inch in size, installed at 2-inch minimum depth. ii. Decomposed Granite: 2-inch minimum depth. Not permitted on slopes greater than 3:1
iii. Cobble: 8” or less diameter set on grade with 1” partially buried so that cobble is not sitting on grade.
iv. Pebbles: 1-inch to 2-inch in size, installed at 3-inch minimum depth. v. Mulch: 3-inch minimum depth.
vi. Boulders: Maximum 3- feet in height and must be buried 1/3 of height of boulder
vii. Artificial turf must be manufactured to meet the following quality standards:
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1. Must be permeable to allow water infiltration.
2. Minimum face weight of 75oz per square yard.
3. Minimum pile height of 1.75-inch.
4. Blades shall be comprised of two (2) colors for a natural appearance.
5. Made in the USA.
viii. Mounding and the use of complementary colors are encouraged to enhance visual interest and topography within the landscape area. Mounding shall be maintained at a max slope ratio of 3:1 with a max height of three (3) feet. ix. Weed barriers are encouraged.
5) Aesthetic design.
The city’s landscape aesthetic design guidelines and concepts are encouraged to improve the overall landscape design consistent with the city’s quality of life standards. The Community Development Director may refer landscape designs, which do not meet th e intent of the aesthetic design guidelines, to the city’s Design Review Committee (DRC) for further review. The following landscape aesthetic design guidelines shall be considered during Planning Department review of required landscape plans:
i. Use of Complimentary Colors: Colors that harmonize and enhance the overall landscape design and built environment are encouraged.
ii. Berming: The aesthetic use of berms and undulating topography is strongly encouraged to add visual interest to the overall landscape design. iii. Proportion and Scale: The design should consider the size relationship between plants, hardscape, and architectural elements, including the application of principles such as the “golden ratio” for spatial arrangements. iv. Order and Balance: Symmetry is encouraged in formal or modern gardens, while asymmetrical planting designs are preferred for natural garden settings.
The architecture and setting should inspire the landscape design. For natural settings, shrubs should be planted in non-uniform masses to present a natural landscape appearance.
v. Repetition and Unity: Repetition fosters order, but variety is essential to prevent monotony. This can be achieved through the effective use of color, texture, and form.
vi. Focal Points: The overall landscape design should incorporate focal points, such as unique plants or features (e.g., boulders, water features, planters,
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hardscape designs) that contrast with their surroundings in terms of color, size, or texture.
vii. Interconnection: Dry river features and pathways are encouraged to connect different landscape areas, promoting unity and flow.
viii. Simplicity: The design should prioritize simplicity, focusing on primary and accent installations.
ix. Plant Placement: A hierarchy of plant placement is encouraged, with low plants in the foreground and taller plants against structures to create depth.
Consideration should be given to the mature size of plants to prevent overcrowding.
x. Seasonal Interest: A mix of perennial and seasonal plants is recommended to ensure year-round color and interest.
xi. Texture and Form: A variety of textures and forms should be incorporated for added interest. The combination of fine and coarse -textured materials, such as boulders, crushed rocks, cobbles, and decomposed granite, in complementary colors is encouraged.
xii. Landscape Lighting: Any outdoor lighting shall comply with Chapter 22.12 Lighting Standards of the City Municipal Code.
xiii. Landscape Water Features: Any water features included within the landscape area should complement the overall design, be proportionate in size, incorporate recirculating water system, and shall not exceed a maximum of 18-inches in depth measured from the highest possible water level as required by California Building Code Chapter 31 (Special construction), Section 3119. xiv. Project applicants shall reference the Lush and Efficient Landscape Gardening Manual prepared by the Coachella Valley Water District prior to submittal of any landscaping plan for review and approval by the city:
http://web.cvwd.org/conservation/lush_book/index.html. Applicants shall also consult the Invasive Plant Inventory prepared by the California Invasive Plant Council prior to selection of any plant species for landscaping: https://www.cal- ipc.org/plants/
f) Irrigation and maintenance.
1) All landscaped areas within the City of Indian Wells shall be irrigated by an automatic irrigation system compliant with Chapter 21.70 Water Efficient Landscaping of the City Municipal Code.
2) All required landscaping and associated irrigation systems shall be appropriately installed and must receive approval from the Planning Department prior to the inauguration or occupancy of the property.
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3) All installed landscaping and irrigation systems shall be consistently maintained in accordance with the following specifications or shall be subject to code enforcement penalties in accordance with Section 8.08.010 Maintenance of Property:
i. Landscape maintenance shall encompass regular watering, mowing, pruning, fertilizing, clearing of debris and weeds, the removal and replacement of deceased plants, and the repair and replacement of irrigation systems. ii. To the greatest extent feasible, landscape irrigation water shall not run off the property to create pooling of stagnant water in the street or gutter. iii. Water features, ponds, or any stagnant water bodies within landscaped areas must be equipped with appropriate mosquito prevention measures, such as circulation systems, mosquito fish, or other approved methods, to prevent the breeding of mosquitos. Circulation systems should run at least 8 hours per day.
If a feature has no pump or other approved mosquito control measure, water shall be drained and replaced every 96 hours. Regular inspections and maintenance of these measures are encouraged to ensure their effectiveness. iv. Property owners, homeowner’s associations, or other responsible entities shall ensure that no stagnant water accumulates in any landscaped areas, as such conditions can become breeding grounds for mosquitos. Neglected pools, fountains, or standing water shall be drained to prevent breeding of mosquitos.
Property owners shall notify the Coachella Valley Mosquito and Vector Control District if their water feature is drained or neglected. v. Prior to the approval of a final development plan permit or the recording of a subdivision map, a covenant ensuring the ongoing maintenance of all required landscaping and irrigation systems shall be established. This covenant, whether held by property own ers, homeowners associations, or another responsible entity, must be approved by the Community Development Director, with the recommendation of the city attorney, and subsequently recorded in the county recorder’s office.
g) Public safety and protection of intersection visibility.
1) Landscape design plans for corner parcel development projects must ensure traffic safety sight areas are designed to uphold public safety, consistent with Section
21.50.040 Protection of intersection visibility regulations of city’s Municipal Code. 2) Trees and shrubs shall be planted so that at maturity they do not interfere with utility service lines, street lighting, street sweeping, traffic safety sight areas, on-site signs, and basic property rights of adjoining property owners. 3) Trees planted near public curbs, sidewalks, or utility vaults shall have a limited root structure and shall be installed to prevent physical damage to public improvements and shall comply with the following provisions:
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i. Canopy trees shall be placed a minimum of ten feet from public street curb and a minimum of three feet from sidewalks.
ii. Palm trees with a trunk height of ten feet or more shall be placed a minimum of three feet from public street curb and sidewalks.
iii. A root barrier system shall be installed when trees are located near public curbs, sidewalks, or utility vaults.
iv. Landscape and irrigation plans shall be required for all public street parkways and median islands and shall conform to city standards and be submitted for review and approval to the city engineer and planning division. v. Right-of-way lines shall be shown on the final landscape plan.
Section 21.60.020 of Title 21 Zoning Code is hereby amended to read in its entirety as follows:
21.60.020 Applicability and Review Authority.
(a) This Chapter applies to the following activities:
(1) Obtaining a permit to construct a building or structure in any zone; (2) Undertaking any external modification to a structure visible to any roadway or open space, public or private;
(3) Installing new landscape adjacent to a roadway or open space, public or private; (4) Replacing or modifying existing hardscape or landscape in a yard which abuts a roadway or open space, public or private in excess of two thousand five hundred (2,500) square feet;
(5) Installing new or modifying an existing antenna, outdoor lighting, landscape lighting, private tennis court, emergency generators greater than fifteen thousand (15,000) kilowatts; and
(6) Minor exterior remodel of or addition to a single-family residence, such as:
(i) A window or door change-out,
(ii) A change of exterior house color (desert tones are preferred),
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(iii) A wall, fence, planter, fountain, or similar architectural amenity,
(iv) Re-roofing,
(v) A patio cover,
(vi) Solar panels,
(vii) An addition in the rear or side yard that is not visible to any roadway or open space area, public or private,
(viii) Front-yard landscape improvements that affect less than two thousand five hundred (2,500) square feet unless exempt pursuant to Section
21.60.085(c)(4) below, and
(ix) Accessory Dwelling Units in compliance with the requirements in Section
21.85.040
(b) Before commencing any of the activities listed in subsection (a) above, the owner of the property must submit a design review application to the Planning Department, to ensure compliance with the provisions of this Chapter, as well as with the b asic zoning and other design parameters that are specified in the Zoning Code. Submissions may be done electronically via the City’s website or in person with the Planning Department. (1) For purposes of this Chapter, the Planning Department, DRC, or the Planning Commission is the “Review Authority” when making the initial decision about an application.
(2) If an application is consistent with all the requirements of the Zoning Code:
(i) Planning Department Review.
(A) The Planning Department is generally the Review Authority for the following:
1. An application under subsection (a)(6) above; or
2. An application for a property located in an area with an active Homeowner’s Association, and the complete design review application has been reviewed and approved by the Association.
(B) However, the Community Development Director may refer the application to the Design Review Committee (“DRC”) or directly to the Planning Commission as the Review Authority.
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(ii) DRC Review. The DRC is generally the Review Authority for an application under any of subsections (a)(1) through (a)(5) above, but any member of the DRC may refer the application to the Planning Commission as the Review Authority. (3) If an application is inconsistent with any requirement of the Zoning Code, the Planning Commission is the Review Authority. (Ord. 727 § 2, 2020)
Section 21.60.080 of Title 21 Zoning Code is hereby amended to read in its entirety as follows:
21.60.080 Architecture Application Requirements.
A complete design review application shall include the items listed below.
Submissions that are incomplete will not be considered. The Planning Department or Review Authority (as defined by Section 21.60.020(b)(1)) may require additional information for a particular application. Design guidelines established by the City, or if applicable, a Homeowners Association’s Architectural Guidelines should be consulted prior to submission of the application. A complete application must include each of the following:
(a) Application to Construct Form. A completed “Application to Construct” form which can be obtained in electronic or hard-copy format from the City. (b) Required Plans (electronic copies preferred). Two (2) sets of 24″ x 36″ or 30″ x 42″ bluelines or blacklines, along with one (1) rendered blackline each of the residence, elevations, landscape plans prepared in accordance with Section 21.60.085, and other data pertinent to the particular application. Rendered blacklines shall be rolled, not folded.
Defaced, incomplete, indefinite or faded plans will not be accepted. All residential plans and elevations shall be drawn at a minimum scale of 1/8″ = 1′0″. For single family residential submittals, a set of plans shall consist of the items listed below. Requirements for multi -family residential and non- residential projects shall include information necessary to evaluate the proposed project as determined by the Director of Community Development.
(1) General Information Block.
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(i) Owner and designer’s names;
(ii) Address of owner;
(iii) Telephone number of owner;
(iv) Assessor parcel number and address of residence;
(v) North point, date of drawing and scale; and
(vi) Vicinity map showing location of project.
(2) Site Plan.
(i) Legal description (lot and tract);
(ii) Lot size (dimension along each property line);
(iii) Zone classification and type of development of subject property and of all adjacent property, including across any street. Show distance of structure(s) on adjacent properties that are within ten (10) feet of project property line;
(iv) Setback of existing and proposed buildings in relation to property lines per standards of the zone;
(v) Locations of swimming pools, spas, air conditioner equipment, pool and spa equipment (i.e., heater, pump), storage areas, utility installations, antenna, tennis courts, refuse storage areas and other auxiliary household equipment shall be noted on site plans;
(vi) Computed areas of building coverage, impervious surfaces, landscaping, and open space;
(vii) Dimension of property lines or boundary lines of project;
(viii) Location, names and widths of boundary streets; and recorded road, utility or drainage easements on property (where none exists, indicate by a note that no easement exists);
(ix) Elevation of existing curb and gutter where available or edge of pavement where no curb exists;
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(x) Pad grade and finish-floor elevations; provide information on adjacent parcels if available;
(xi) Heights of existing or proposed walls and fences, as measured from exterior side of wall (side facing street or adjacent property);
(xii) A “line of sight” section for all in-fill construction;
(xiii) Clear delineation of all proposed driveways subject to the criteria outlined under Section 21.20.080; and
(xiv) For all large -scale development (ten (10) acres or larger), the inclusion of natural open space areas to provide habitat for native wildlife.
NOTE: All site plans must include sufficient information to demonstrate compliance with all applicable development standards in the Zoning Code. (3) Floor Plan. Square footage of living space and location, size, and use of all rooms.
Show all significant dimensions.
(4) Elevations.
(i) Provide all elevations identified as front, rear, right and left side; (ii) Show locations of doors, windows, chimneys, etc.; (iii) Show exterior finishes and roof material;
(iv) Dimension elevation from pad grade, indicate all significant vertical dimensions; and
(v) Show all proposed plant material (trees and shrubs) against elevations. Provide as separate set of elevations.
(5) Roof Plan. Only thirty (30) percent of the total roof area may exceed fifteen (15) feet in height, up to a maximum eighteen (18) feet. Identify that portion of the total roof area that exceeds fifteen (15) feet in height. Show percent calculation on plan. (6) Mailbox Design per United States Postal Service Requirements. Provide a minimum ½″ = 1′0″ scale mailbox design not to exceed four (4) feet in height and eighteen (18) inches in width or depth.
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NOTE: Review of design packages containing landscape plans not prepared by a California licensed landscape architect will be subject to additional review fees incurred by the City for the review of such plans by professional design consultants. (7) Conceptual Lighting Plan. Plan shall be submitted delineating size, location, light spread, illuminating capacity (candle power) and hours of operation of proposed exterior lighting. Plan shall be in conformance with lighting standards found in Chapter 22.12 of the City Municipal Code.
(8) Materials Sample and Color Board. (Maximum size 8 ½″ x 14″): Sample of materials should be kept to a minimum size; include exterior finishes of residence including door and window trim colors, and garden walls, along with exterior colors. (Desert tone colors are preferred.)
(c) Fee. An application fee in an amount published by the Planning Department is required for review and processing of architectural design packages. (Ord. 727 § 2, 2020)
Section 21.90.030 of Title 21 Zoning Code is hereby amended to read in its entirety as follows:
21.90.030 Non-conforming uses and structures.
(a) General. Unless otherwise required by the municipal code, any legally established, lawful use of land, building, structure, or improvement may be continued except as provided herein, even if such use does not conform with the applicable provisions of the current municipal code.
(b) Abandonment. Any legally established non- conforming use of land, building, structure, or improvement that becomes vacant and remains unoccupied for a continuous period of one (1) year shall be termed abandoned, and all future uses shall comply w ith the regulations of the area in which it is located.
(c) Alterations or Additions. An existing building, structure, or improvement conforming as to use but that does not conform to the general development standards may be altered, added to or enlarged, provided that any alteration, addition, or enlargement complies with the current regulations of this division. (d) Maintenance. A legal non- conforming building, structure, site, or improvement shall be maintained in sound and safe condition.
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(e) Restoration of Damaged Structures. A legal non- conforming building, and/or structure which is damaged or partially destroyed by fire, explosion or man- induced or natural disaster to the extent of more than seventy- five (75) percent of the fair m arket value according to the assessment as listed by the Riverside County Assessor for the fiscal year during which the destruction occurs shall be subject to all the applicable regulations specified by this division. (Ord. 387 § 1, 1996)
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21.60.085 Landscape Application Requirements
A complete landscape application shall include the items listed below. Submissions that are incomplete will not be considered. The Planning Department or Review Authority (as defined by Section 21.60.020(b)(1)) may require additional information for a particular application. Design guidelines established by the City, or if applicable, a Homeowners Association’s Landscape Guidelines should be consulted prior to submission of the application.
(a) Purpose and Intent.
This Section provides general standards establishing landscaping requirements that are intended to:
1) Protect and elevate the city’s unique desert setting, distinguishing itself as a prestigious resort community. The standards set forth aim to enhance the aesthetic appearance of all developments.
2) Ensure compatibility between adjoining land uses and public rights of way, ensuring a harmonious blend with the surrounding environment. 3) Conserve water through efficient irrigation and appropriate plant selection, and align the city’s standards with state water conservations acts aiming to reduce water consumption.
4) Prioritize the health and safety of the public, ensuring that landscaping practices in the City enhance pedestrian and vehicular traffic safety and maintain the integrity of neighborhoods.
5) Establish a unified City landscape theme, promote water conservation and enhance the physical and natural beauty of the environment. (b) Definitions.
As used in this Section, terms are defined as follows:
1) “Artificial turf” means a surface made from synthetic fibers to look like natural grass.
2) “Berming” means the process of creating raised areas of soil, often for the purpose of enhancing landscape design or managing water flow. 3) “Box trees” means trees that are sold in large square containers. Size, such as 24-inch or 36-inch, refers to the diagonal measurement of the box. 4) “Compost” means decomposed organic matter used to enrich soil. 5) “Drought-tolerant plants” means plants that can survive with minimal water, often native to arid regions.
6) “Focal points” means elements in a landscape design that capture attention, such as a unique plant, water feature, statue, or other installations. 7) “Golden ratio” means a mathematical ratio found in nature and art, often used in design for its aesthetically pleasing properties. In landscaping, it refers to the proportional arrangement of plants and hardscape.
8) “Hardscape” means non-living elements of landscaping, such as concrete patios, walkways, and walls.
9) “Hydrozone” means a portion of the landscaped area having plants with similar water needs that are served by sprinkler heads, a valve or set of valves with the same schedule.
10) “Irrigation system” means a system that delivers water to plants. Types include drip irrigation (where water drips slowly to the roots of plants) and sprinkler systems.
11) “Landscape area” means all non-turf areas such as parkways, planters, flower beds and undeveloped areas that require landscape, irrigation and weed control.
12) “Mulch” means an organic material spread around plants to retain moisture, suppress weeds, and improve soil health.
13) “Non-functional turf” means turf that is solely ornamental and not regularly used for human recreational purposes or for civic or community events. 14) “Non-organic ground cover” means inorganic materials used to cover the ground for decorative or functional purposes, such as decomposed granite, crushed rock, cobbles, and boulders.
15) “Non-potable water” means water not treated to drinking water standards and is not meant for human consumption. Includes raw (untreated) water from reservoirs, which is commonly used for irrigation and other purposes. 16) “Organic cover” means a natural material used to cover the soil and enhance its quality. Examples include mulch and compost.
17) “Plant density” means the number of plants within a defined landscape area calculated as an average of plants per 100 square-feet. 18) “Plant size” means the volume of the container in which a plant is sold, which gives an approximate idea of the size of the plant. Common sizes include one- gallon, five-gallon, and fifteen-gallon.
19) “Texture” means how fine or coarse the surface of a plant or non- organic material is. For non -organic ground cover, texture refers to the size of the crushed rock, pebbles, stone, etc.
20) “Tree root barrier” means a root deflector, which can be made from various materials that help block or redirect roots to prevent damage to adjacent hardscape features or structures.
21) “Turf” means the upper layer of ground that is made up of live grass and plant roots.
22) “Weed barrier” means a permeable cloth material laid over the ground to prevent the growth of weeds.
(c) Review and Permitting Authority.
1) All landscape projects with a landscaped area greater than 250 square feet and less than 2,500 square feet shall be reviewed and permitted by the Planning Department in compliance with this Section.
2) Landscape plans exceeding 2,500 square feet and not within an active homeowner’s association shall be reviewed by the City’s Design Review Committee (DRC).
3) Landscape plans for areas greater than 2,500 square feet shall require plans drawn by a professional landscape architect licensed in the state of California. 4) The following projects shall be exempt from review and approval by the Planning Department or the DRC:
i. Homeowner installed and individually maintained landscaping within private enclosed courtyards, sideyards, and backyards, not visible from public areas; and
ii. Minor landscape modifications or changeouts of less than 250 square feet.
iii. Properties with existing legal nonconforming landscape project s as allowed under Section 21.90.030 of the Municipal Code. Such properties are considered “grandfathered” and exempt from the regulations of this Section. Changes to existing legal nonconforming or “grandfathered” landscape projects are subject to regulations in Section 21.90.030 of the Municipal Code. By way of example only, if a homeowner legally established landscaping in their front yard prior to adoption of this Section, but the legally e stablished landscaping does not comply with this Section, the landscaping is “grandfathered” and may remain in place. If at a later time the homeowner decides to alter or enlarge its landscaping, the homeowner would have to comply with this Section, as applicable. In certain situations, like where the landscape modifications are less than 250 square feet, the modifications would not require review and permitting by the Planning Department.
5) Active homeowner association shall abide by the City's landscape standards unless they have received formal approval for alternative standards through a City approved entitlement process.
6) All properties that require the installation of landscaping in compliance with the development standards of this title shall provide and maintain landscaping in compliance with the provisions of this chapter.
7) The following landscape projects shall also comply with Chapter 21.70 Water Efficient Landscaping of the City Municipal Code.
i. New construction and rehabilitated landscapes for public agency projects and private development projects requiring a building or landscape permit, plan check or design review;
ii. New construction and rehabilitated landscapes which are developer - installed in single-family and multi-family projects requiring a building or landscape permit, plan check or design review; and
iii. New construction and rehabilitated landscapes which are homeowner - provided and/or homeowner -hired in single -family and multi -family residential projects with a total project area equal to or greater than two
thousand five hundred (2,500) square feet requiring a building or landscape permit, plan check or design review.
(d) Submittal of Landscape Plan.
A comprehensive and fully dimensioned landscape plan shall be submitted to the Planning Department, including the following details:
1) Site plan with north arrow identifying the planting areas drawn to scale, along with the location and spacing of proposed plants, trees and any other vegetation. Plants having similar water use shall be grouped together in distinct hydrozones.
2) Show the location and type of irrigation system to be utilized within the different hydrozones, as appropriate.
3) Show all existing or proposed features on the site plan, including pools, spas, fountains, decks (concrete or wooden), planters, walkways, gates, low walls, etc. Also indicate proposed finishes for all flat work. 4) Provide a complete plant palette legend identifying size and species, both common and Latin names, and water usage per the Water Use Classification of Landscape Species (WUCOLS). Drought tolerant species are encouraged. (e) Landscape Design Standards.
Landscape designs for residential lots, common areas, and commercial developments shall be required to meet the minimum design criteria:
1) Residential lots.
i. Plant density shall be three (3) plants per 100 square-feet of landscape area minimum.
ii. Live or artificial turf areas are permitted and discounted from overall landscape area.
iii. A variety of five (5) unique plant species shall be incorporated within the overall landscape area.
iv. 70% of plants shall be five (5) gallon; 30% of plants shall be fifteen (15) gallon. Only seasonal plantings (flowers) may be less than five (5) gallon, but shall not be counted toward plant density.
v. A minimum of two (2) 24 -inch box trees required in each front yard.
Two (2) palm trees at least 8- feet in height may substitute for one (1) 24-inch box tree. Corner lots shall meet this minimum tree requirement for each of their frontages. Tree root contr ol barriers shall be used on trees installed within 5-feet of any hardscape element or structure. 2) Common areas.
i. Plant density shall be three (3) plants per 100 square-feet of landscape area minimum.
ii. Artificial turf areas permitted. Non- functional turf permitted only if irrigated by non -potable water source. Non -functional turf and/or artificial turf shall be discounted from overall landscape area. iii. A variety of four (4) unique plant species shall be incorporated within the overall landscape area.
iv. 70% of plants shall be five (5) gallon; 30% of plants shall be fifteen (15) gallon. Only seasonal plantings (flowers) may be less than five (5) gallon, but shall not be counted toward plant density.
v. One (1) 36-inch box tree or two (2) palm trees at least 8-feet in height required per 1,000 sqft of landscape area.
3) Commercial areas.
i. Plant density shall be four (4) plants per 100 square -feet of landscape area minimum.
ii. Artificial turf areas permitted. Non- functional turf permitted only if irrigated by non -potable water source. Non -functional turf and/or artificial turf shall be discounted from overall landscape area.
iii. A variety of five (5) unique plant species shall be incorporated within the overall landscape area.
iv. 70% of plants shall be five (5) gallon; 30% of plants shall be fifteen (15) gallon. Only seasonal plantings (flowers) may be less than five (5) gallon, but shall not be counted toward plant density.
v. Trees shall be incorporated into the design of all off street parking areas in compliance with Section 21.100.030 of the City’s Municipal Code.
vi. Trees shall be planted along commercial street frontages at a rate of one (1) 36-inch box tree, or one (1) palm tree at least 10-feet in height, per 30-linear feet of street frontage or at the minimum distance between trees as recommended for the specific tree species.
4) Non-organic ground covers and materials.
Open or voided areas within a defined landscape area shall be covered with non- organic ground covers, including but not limited to decomposed granite, crushed rock, cobbles, boulders, mulch, and artificial turf. Bare earth shall not be permitted.
A minimum of two (2) different textures of non- organic ground covers shall be required within defined landscape areas, including but not limited to:
i. Crushed Rock: 0.5 -inch to 1 -inch in size, installed at 2 -inch minimum depth.
ii. Decomposed Granite: 2-inch minimum depth. Not permitted on slopes greater than 3:1
iii. Cobble: 8” or less diameter set on grade with 1” partially buried so that cobble is not sitting on grade.
iv. Pebbles: 1-inch to 2-inch in size, installed at 3-inch minimum depth. v. Mulch: 3-inch minimum depth.
vi. Boulders: Maximum 3-feet in height and must be buried 1/3 of height of boulder
vii. Artificial turf must be manufactured to meet the following quality standards:
1. Must be permeable to allow water infiltration.
2. Minimum face weight of 75oz per square yard.
3. Minimum pile height of 1.75-inch.
4. Blades shall be comprised of two (2) colors for a natural appearance.
5. Made in the USA.
viii. Mounding and the use of complementary colors are encouraged to enhance visual interest and topography within the landscape area.
Mounding shall be maintained at a max slope ratio of 3:1 with a max height of three (3) feet.
ix. Weed barriers are encouraged.
5) Aesthetic design.
The city’s landscape aesthetic design guidelines and concepts are encouraged to improve the overall landscape design consistent with the city’s quality of life standards. The Community Development Director may refer landscape designs, which do not meet the intent of the aesthetic design guidelines, to the city’s Design Review Committee (DRC) for further review. The following landscape aesthetic design guidelines shall be considered during Planning Department review of required landscape plans:
i. Use of Complimentary Colors: Colors that harmonize and enhance the overall landscape design and built environment are encouraged. ii. Berming: The aesthetic use of berms and undulating topography is strongly encouraged to add visual interest to the overall landscape design.
iii. Proportion and Scale: The design should consider the size relationship between plants, hardscape, and architectural elements, including the application of principles such as the “golden ratio” for spatial arrangements.
iv. Order and Balance: Symmetry is encouraged in formal or modern gardens, while asymmetrical planting designs are preferred for natural garden settings. The architecture and setting should inspire the landscape design. For natural settings, shrubs should be planted in non- uniform masses to present a natural landscape appearance. v. Repetition and Unity: Repetition fosters order, but variety is essential to prevent monotony. This can be achieved through the effective use of color, texture, and form.
vi. Focal Points: The overall landscape design should incorporate focal points, such as unique plants or features (e.g., boulders, water features, planters, hardscape designs) that contrast with their surroundings in terms of color, size, or texture.
vii. Interconnection: Dry river features and pathways are encouraged to connect different landscape areas, promoting unity and flow. viii. Simplicity: The design should prioritize simplicity, focusing on primary and accent installations.
ix. Plant Placement: A hierarchy of plant placement is encouraged, with low plants in the foreground and taller plants against structures to create depth. Consideration should be given to the mature size of plants to prevent overcrowding.
x. Seasonal Interest: A mix of perennial and seasonal plants is recommended to ensure year-round color and interest.
xi. Texture and Form: A variety of textures and forms should be incorporated for added interest. The combination of fine and coarse - textured materials, such as boulders, crushed rocks, cobbles, and decomposed granite, in complementary colors is encouraged. xii. Landscape Lighting: Any outdoor lighting shall comply with Chapter
22.12 Lighting Standards of the City Municipal Code.
xiii. Landscape Water Features: Any water features included within the landscape area should complement the overall design, be proportionate in size, incorporate recirculating water system, and shall not exceed a maximum of 18 -inches in depth measured from the highest possible water level as required by California Building Code Chapter 31 (Special construction), Section 3119.
xiv. Project applicants shall reference the Lush and Efficient Landscape Gardening Manual prepared by the Coachella Valley Water District prior to submittal of any landscaping plan for review and approval by the city:
http://web.cvwd.org/conservation/lush_book/index.html. Applicants shall also consult the Invasive Plant Inventory prepared by the California Invasive Plant Council prior to selection of any plant species for landscaping: https://www.cal-ipc.org/plants/
(f) Irrigation and maintenance.
1) All landscaped areas within the City of Indian Wells shall be irrigated by an automatic irrigation system compliant with Chapter 21.70 Water Efficient Landscaping of the City Municipal Code.
2) All required landscaping and associated irrigation systems shall be appropriately installed and must receive approval from the Planning Department prior to the inauguration or occupancy of the property. 3) All installed landscaping and irrigation systems shall be consistently maintained in accordance with the following specifications or shall be subject to code enforcement penalties in accordance with Section 8.08.010 Maintenance of Property:
i. Landscape maintenance shall encompass regular watering, mowing, pruning, fertilizing, clearing of debris and weeds, the removal and replacement of deceased plants, and the repair and replacement of irrigation systems.
ii. To the greatest extent feasible, landscape irrigation water shall not run off the property to create pooling of stagnant water in the street or gutter.
iii. Water features, ponds, or any stagnant water bodies within landscaped areas must be equipped with appropriate mosquito prevention measures, such as circulation systems, mosquito fish, or other approved methods, to prevent the breeding of mosquitos. Circula tion systems should run at least 8 hours per day. If a feature has no pump or other approved mosquito control measure, water shall be drained and replaced every 96 hours. Regular inspections and maintenance of these measures are encouraged to ensure their effectiveness.
iv. Property owners, homeowner’s associations, or other responsible entities shall ensure that no stagnant water accumulates in any landscaped areas, as such conditions can become breeding grounds for mosquitos. Neglected pools, fountains, or standing water shall be drained to prevent breeding of mosquitos. Property owners shall notify the Coachella Valley Mosquito and Vector Control District if their water feature is drained or neglected.
v. Prior to the approval of a final development plan permit or the recording of a subdivision map, a covenant ensuring the ongoing maintenance of all required landscaping and irrigation systems shall be established. This covenant, whether held by property owners, homeowners associations, or another responsible entity, must be approved by the Community Development Director, with the recommendation of the city attorney, and subsequently recorded in the county recorder’s office. (g) Public safety and protection of intersection visibility.
1) Landscape design plans for corner parcel development projects must ensure traffic safety sight areas are designed to uphold public safety, consistent with Section 21.50.040 Protection of intersection visibility regulations of city’s Municipal Code.
2) Trees and shrubs shall be planted so that at maturity they do not interfere with utility service lines, street lighting, street sweeping, traffic safety sight areas, on-site signs, and basic property rights of adjoining property owners. 3) Trees planted near public curbs, sidewalks, or utility vaults shall have a limited root structure and shall be installed to prevent physical damage to public improvements and shall comply with the following provisions:
i. Canopy trees shall be placed a minimum of ten feet from public street curb and a minimum of three feet from sidewalks.
ii. Palm trees with a trunk height of ten feet or more shall be placed a minimum of three feet from public street curb and sidewalks. iii. A root barrier system shall be installed when trees are located near public curbs, sidewalks, or utility vaults.
iv. Landscape and irrigation plans shall be required for all public street parkways and median islands and shall conform to city standards and be submitted for review and approval to the city engineer and planning division.
v. Right-of-way lines shall be shown on the final landscape plan.
21.60.020 Applicability and Review Authority.
(a) This Chapter applies to the following activities:
(1) Obtaining a permit to construct a building or structure in any zone; (2) Undertaking any external modification to a structure visible to any roadway or open space, public or private;
(3) Installing new landscape adjacent to a roadway or open space, public or private;
(4) Replacing or modifying existing hardscape or landscape in a yard which abuts a roadway or open space, public or private in excess of two thousand five hundred (2,500) square feet;
(5) Installing new or modifying an existing antenna, outdoor lighting, landscape lighting, private tennis court, emergency generators greater than fifteen thousand (15,000) kilowatts; and
(6) Minor exterior remodel of or addition to a single-family residence, such as:
(i) A window or door change-out,
(ii) A change of exterior house color (desert tones are preferred)
(iii) A wall, fence, planter, fountain, or similar architectural amenity,
(iv) Re-roofing,
(v) A patio cover,
(vi) Solar panels,
(vii) An addition in the rear or side yard that is not visible to any roadway or open space area, public or private, and
(viii) Front-yard landscape improvements that affect less than two thousand five hundred (2,500) square feet unless exempt pursuant to section
21.60.085(c)(4) below,. and
(ix) Accessory Dwelling Units in compliance with the requirements in Section
21.85.040
(b) Before commencing any of the activities listed in subsection (a) above, the owner of the property must submit a design review application to the Planning Department, to ensure compliance with the provisions of this Chapter, as well as with the b asic zoning and other design parameters that are specified in the Zoning Code. Submissions may be done electronically via the City’s website or in person with the Planning Department. (1) For purposes of this Chapter, the Planning Department, DRC, or the Planning Commission is the “Review Authority” when making the initial decision about an application.
(2) If an application is consistent with all the requirements of the Zoning Code:
(i) Planning Department Review.
(A) The Planning Department is generally the Review Authority for the following:
1. An application under subsection (a)(6) above; or
2. An application for a property located in an area with an active Homeowner’s Association, and the complete design review application has been reviewed and approved by the Association.
(B) However, the Community Development Director may refer the application to the Design Review Committee (“DRC”) or directly to the Planning Commission as the Review Authority.
(ii) DRC Review. The DRC is generally the Review Authority for an application under any of subsections (a)(1) through (a)(5) above, but any member of the DRC may refer the application to the Planning Commission as the Review Authority. (3) If an application is inconsistent with any requirement of the Zoning Code, the Planning Commission is the Review Authority. (Ord. 727 § 2, 2020)
21.60.080 Filing of the application Architecture Application Requirements.
A complete design review application shall include the items listed below.
Submissions that are incomplete will not be considered. The Planning Department or Review Authority (as defined by Section 21.60.020(b)(1)) may require additional information for a particular application. Design guidelines established by the City, or if applicable, a Homeowners Association’s Architectural Guidelines should be consulted prior to submission of the application. A complete application must include each of the following:
(a) Application to Construct Form. A completed “Application to Construct” form which can be obtained in electronic or hard-copy format from the City.. (b) Required Plans (electronic copies preferred). Two (2) sets of 24″ x 36″ or 30″ x 42″ bluelines or blacklines, along with one (1) rendered blackline each of the residence, elevations, indicating landscape, landscape plan s prepared in accordance with Section
21.60.085, and other data pertinent to the particular application. Rendered blacklines shall be rolled, not folded. Defaced, incomplete, indefinite or faded plans will not be accepted. All residential plans and elevations shall be drawn at a minimum scale of 1/8″ = 1′0″. For single family residential submittals, a set of plans shall consist of the items
listed below. Requirements for multi-family residential and non-residential projects shall include information necessary to evaluate the proposed project as determined by the Director of Community Development.
(1) General Information Block.
(i) Owner and designer’s names;
(ii) Address of owner;
(iii) Telephone number of owner;
(iv) Assessor parcel number and address of residence;
(v) North point, date of drawing and scale; and
(vi) Vicinity map showing location of project.
(2) Site Plan.
(i) Legal description (lot and tract);
(ii) Lot size (dimension along each property line);
(iii) Zone classification and type of development of subject property and of all adjacent property, including across any street. Show distance of structure(s) on adjacent properties that are within ten (10) feet of project property line;
(iv) Setback of existing and proposed buildings in relation to property lines per standards of the zone;
(v) Locations of swimming pools, spas, air conditioner equipment, pool and spa equipment (i.e., heater, pump), storage areas, utility installations, antenna, tennis courts, refuse storage areas and other auxiliary household equipment shall be noted on site plans;
(vi) Computed areas of building coverage, impervious surfaces, landscaping, and open space;
(vii) Dimension of property lines or boundary lines of project;
(viii) Location, names and widths of boundary streets; and recorded road, utility or drainage easements on property (where none exists, indicate by a note that no easement exists);
(ix) Elevation of existing curb and gutter where available or edge of pavement where no curb exists;
(x) Pad grade and finish-floor elevations; provide information on adjacent parcels if available;
(xi) Heights of existing or proposed walls and fences, as measured from exterior side of wall (side facing street or adjacent property);
(xii) A “line of sight” section for all in-fill construction;
(xiii) Clear delineation of all proposed driveways subject to the criteria outlined under Section 21.20.080; and
(xiv) For all large-scale development (ten (10) acres or larger), the inclusion of natural open space areas to provide habitat for native wildlife.
NOTE: All site plans must include sufficient information to demonstrate compliance with all applicable development standards in the Zoning Code. (3) Floor Plan. Square footage of living space and location, size, and use of all rooms. Show all significant dimensions.
(4) Elevations.
(i) Provide all elevations identified as front, rear, right and left side;
(ii) Show locations of doors, windows, chimneys, etc.;
(iii) Show exterior finishes and roof material;
(iv) Dimension elevation from pad grade, indicate all significant vertical dimensions; and
(v) Show all proposed plant material (trees and shrubs) against elevations.
Provide as separate set of elevations.
(5) Roof Plan. Only thirty (30) percent of the total roof area may exceed fifteen (15) feet in height, up to a maximum eighteen (18) feet. Identify that portion of the total roof area that exceeds fifteen (15) feet in height. Show percent calculation on plan.
(6) Mailbox Design per United States Postal Service Requirements. Provide a minimum ½″ = 1′0″ scale mailbox design not to exceed four (4) feet in height and eighteen (18) inches in width or depth.
(7) Landscape Plans.
(i) Complete Plan. Show size, location, spacing and species — common and Latin names — of proposed planting, including a complete plant palette; (ii) Miscellaneous Outside Structures. Indicate all proposed pools, spas, fountains, concrete or wooden decks, planters, walkways, gates, low walls, etc. Also indicate proposed finishes for all flat work;
(iii) Rock or Bare Earth. Use of rocks or bare earth in lieu of ground cover plantings may not exceed twenty (20) percent of the total front yard landscaped area (fifty (50) percent of rear yard) excluding driveways, decks, pools, or walkways. When walkways, pools, or deck areas exceed sixty (60) percent of the total rear yard area, the preceding limitation shall not be in effect;
(iv) Landscape Standards. All residential structures shall be landscaped to provide a mature appearance so as to blend with existing neighborhoods and enhance the overall appearance of the residential areas. To ensure a “mature” look within a reasonable amount of time, the following minimum plant sizes shall be used:
(A) Trees in All Areas. Canopy trees (African Sumacs, Carobs, etc.) – twenty-four (24) inch box; and palm trees (Mexican Fan Palm, Queen Palm, etc.) – six (6) foot trunk height.
(B) Shrubs. Shrubs (Natal Plum, Hibiscus, etc.) and vines (Carolina Jasmine, Bougainvillea, etc.) in front and rear yard areas visible from a street or golf course (public or private):
1. Thirty (30) percent or more of plants selected should be fifteen (15) gallon plants.
2. Fifty (50) percent or more of plants selected should be five (5) gallon plants.
3. Up to twenty (20) of plants selected should be one (1) gallon plants. (C) Groundcovers. Groundcovers (Star Jasmine, Verbena, Lippa, Mock Strawberry, etc.) in front and rear yard areas visible from a street or golf course (public or private):
1. Twenty-five (25) percent or more of plants selected should be one (1) gallon plants planted at twenty-four (24) inches on center.
2. Fifty (50) percent or more of plants selected should be flats planted at twelve (12) inches on center.
3. Up to twenty-five (25) percent or more of plants selected should be flats planted at six (6) inches on center.
(v) Plant Selection. Plants should be selected appropriately based upon their adaptability to the climatic, geologic, and topographical conditions of the site. Plants having similar water use shall be grouped together in distinct hydrozones. (vi) Required Trees. Front yard landscaping shall include a minimum of two (2) twenty-four (24) inch box trees or one (1) thirty-six (36) inch box tree. Palm trees shall be counted toward this minimum if eight (8) feet or higher. Corner lots shall have this minimum number and size of trees on each frontage. Trees existing on the site at the time of construction shall not be counted toward the minimum tree installation. (vii) Provide elevation(s) (as described in subsection (b)(4) of this section) with all proposed landscaping delineated.
(viii) All landscape plans shall incorporate a reasonable percentage of native trees and shrubs, to provide habitat for wildlife and reduce irrigation requirements. (ix) There are several common plant species which are capable of harboring diseases or insects that threaten the Coachella Valley citrus, date, grape, vegetable or field crop industry. The applicant must contact the Agricultural Commissioner’s office for information regarding landscape material or quarantine laws.
NOTE: Review of design packages containing landscape plans not prepared by a California licensed landscape architect will be subject to additional review fees incurred by the City for the review of such plans by professional design consultants. (87) Conceptual Lighting Plan. Plan shall be submitted delineating size, location, light spread, illuminating capacity (candle power) and hours of operation of proposed exterior lighting. Plan shall be in conformance with lighting standards found in Chapter
22.12 of the City Municipal Code.
(98) Materials Sample and Color Board. (Maximum size 8 ½″ x 14″): Sample of materials should be kept to a minimum size; include exterior finishes of residence including door and window trim colors, and garden walls, along with exterior colors. (Desert tone colors are preferred.)
(10c) Fee. An application fee in an amount published by the Planning Department is required for review and processing of architectural design packages. (Ord. 727 § 2, 2020)
21.90.030 Non-conforming uses and structures.
(a) General. Unless otherwise required by the municipal code, aAny legally established, lawful use of land, buildings, or structures, or improvement existing or under construction at the time this division or any revision is adopted may be continued except as provided herein, even if such use does not conform with the applicable provisions of the current municipal codecategory in which it is located. (b) Abandonment. Any legally established non-conforming use of land, and/or building, or structure, or improvement whichthat becomes vacant and remains unoccupied for a continuous period of one (1) year shall be termed abandoned, and all future uses shall comply with the regulations of the area in which it is located. (c) Alterations or Additions. An existing building, or structure, or improvement conforming as to use but whichthat does not conform to the general development standards may be altered, added to or enlarged, provided that any alterations, additions or enlargements compliesy with the current regulations of this division. (d) Maintenance. A legal non-conforming building, structure, site, or improvement and/or site shall be maintained in sound and safe condition. (e)€ Restoration of Damaged Structures. A legal non-conforming building and/or structure which is damaged or partially destroyed by fire, explosion or man-induced or natural disaster to the extent of more than seventy-five (75) percent of the fair market value according to the assessment as listed by the Riverside County Assessor for the fiscal year during which the destruction occurs shall be subject to all the applicable regulations specified by this division. (Ord. 387 § 1, 1996)
INDIAN WELLS CITY COUNCIL
December 7, 2023
To: City Council
From: Finance Department
Prepared by: Kevin McCarthy, Finance Director
Subject: Living Desert Funding Opportunity
RECOMMENDED ACTIONS:
Council DISCUSSES and provides DIRECTION on the funding request for The Living Desert Zoo and Gardens; and
FINDS the project to be exempt from the provisions of the California Environmental Quality Act (CEQA) pursuant to Section 15060.
BACKGROUND:
In May and November 2023, the Living Desert submitted a funding request (attached) of $5,000,000 for educational and programmatic support for the upcoming 2023-2024 fiscal year and beyond. As part of this proposal, the Living Desert i s offering naming opportunities for the new Marketplace Restaurant & Patio and Splash Pad, located on Indian Wells land.
To supplement the details in this staff report, the Living Desert has prepared a presentation for your consideration during the Council's deliberations. The report aims to furnish the City Council with pertinent information, including:
1. Historical City and Resident Funding: Outlining the longstanding support the Living Desert has received from both the City and its residents.
2. Park Attendance: Providing insights into the attendance trends at the Living Desert.
3. Economic Impact Analysis: Commissioned by the Living Desert, this analysis sheds light on the economic contributions of the organization.
4. Participation Opportunities: Detailing op portunities for collaboration in exchange for funding and support.
5. Term of Funding: Clarifying the duration and scope of the proposed funding.
6. Finance Committee Recommendations: Summarizing the recommendations put forth by the Finance Committee.
7. Fiscal Impact: A comprehensive overview of the financial implications associated with the proposed funding.
8. City's Extraordinary Funding Policy: Aligning the proposal with the City's established policies on extraordinary funding.
The information provided in this report will aid the Council in making informed decisions regarding the Living Desert's funding request.
City Engagement:
The City of Indian Wells has maintained a longstanding commitment to supporting The Living Desert Zo o and Gardens (the Living Desert) with financial contribution s of $1,600,000 over the past 37 years. While only a portion of the zoo is located within the Indian Wells City boundary, the City has consistently provided financial support to the Living Desert's annual gala, the Wildlights holiday event, and other initiatives throughout the year.
Resident Engagement:
Residents of Indian Wells have also demonstrated their financial support, with total contributions exceeding $62,923,000. Presently, 2,891 India n Wells households hold current memberships, highlighting a significant community engagement in the Living Desert's mission.
Park Attendance:
The Living Desert anticipates hosting over 630,000 visitors this year, surpassing attendance figures for promine nt events such as the BNP Paribas and Coachella Fest/Stagecoach. Approximately 75% of these visitors are expected to be from out -of- area, aligning with Indian Wells' tourism promotion goals.
The Economic Impact of the Living Desert:
The Living Desert has undertaken an Economic Impact Report specifically focused on its effects. Tour Economics created the Report (attached) . Section 8 delves into the economic repercussions by the City, including Indian Wells. According to the findings, the cumulative economic impact on Indian Wells during the fiscal year 2022-23 amounted to $5.5 million, with approximately half of this figure, $2.7 million, attributed to lodging.
Based on this report, the Living Desert generates about $332,750 in revenue to the city annually in TOT and sales tax from tourism. In addition, the new expansion will be located in Indian Wells and will begin generating sales tax from the restaurant and special events space. It is anticipated to generate $39,000 in new sales tax during the first operational year, with an expected Indian Wells local sales tax revenue of $572,848 over the next ten years.
DISCUSSION:
Participation Opportunities:
Marketplace Restaurant & Patio ($3,000,000): The restaurant will feature inside seating for 150 diners and will open to an outdoor patio overlooking the Bighorn Mountain – an opportunity for our families and guests to enjoy a bite to eat or hold a private event , including destination for weddings, corporate outings, and family celebrations. The Living Desert estimates a revenue of $57,284, 754 over the next ten years from food and beverage (F&B) sales and evening rentals, with an expected Indian Wells local sales tax revenue of $572,848.
Splash Pad ($2,000,000): The Living Desert plan s to install a splash pad to attract families, locals, and tourists during the summer, presenting an opportunity for branding as the "Indian Wells Splash Pad."
Lion Ridge Habitat 2 ($2,000,000): The Living Desert's deepening commitment to wildlife conservation will be fulfilled by constructing the new Lion Ridge. Featuring African lions, this state -of-the-art habitat will further interpret the conservation stories of Africa's biggest cat. Lion Ridge will feature three one -acre lion habitats, which will be the home of a new pride of lions. Each of the three habitats will be connected by a Lion Surround in the center and linked to each other by a series of catwalks above the Surround. Lion Habitat #2 is partially located in Indian Wells city limits. Lion Ridge #3 is located in Palm Desert but will have a breathtaking view through the windows of the new Lurie Events Center.
Other Funding Options:
• $1,000,000 - Marketplace Patio
• $1,000,000 - Marketplace Restaurant
• $3,000,000 - Lion Ridge Habitat 3
The Term of Funding:
The City Council maintains the prerogative to select a funding duration that harmonizes more precisely with its distinct requirements and responsibilities. The Living Desert acknowledges that funding commitments may vary among contributors, encompassing a range from one to ten years. As an integral facet of the present deliberations, the Council
should engage in thoughtful consideration and reach a determination regarding the optimal duration of the funding term.
Finance Committee Recommendations:
The Finance Committee convened on November 21, 2023, to deliberate upon diverse funding alternatives and propositions. Throughout the session, the Committee delved into various factors, including:
• The prospective future sales tax associated with the Living Desert Marketplace. • Evaluation of existing General Fund funding sources.
• Assessment of the financial implications linked to a potential economic downturn. • Anticipation of heightened Public Safety costs in FY 2024-2025 and FY 2025-2026, attributed to altera tions in Fire Department staffing models and forthcoming negotiations of labor contracts for public safety.
• Examination of potential 2024 State Ballot Measures that could impact municipal tax measures.
Given the myriad of potential ramifications, the Finance Committee consciously refrained from formulating specific funding recommendations. Instead, the Committee proposed that the City Council deliberate on economic or business -oriented objectives in their discussions and contemplation of potential funding for the Living Desert.
The Finance Committee's decision to abstain from presenting specific funding recommendations emanates from a prudent recognition of the intricate array of potential ramifications associated with the funding options under considerati on. The multifaceted nature of variables such as the prospective sales tax from the Living Desert Marketplace, assessment of existing General Fund funding sources, financial repercussions of a potential economic downturn, and the projected escalation in Pu blic Safety costs demands a meticulous and comprehensive evaluation.
By proposing that the City Council direct its focus towards economic or business-oriented objectives during their deliberations, the Finance Committee underscores the significance of aligning funding decisions with overarching municipal goals and economic viability.
This strategic approach fosters a symbiotic relationship between financial considerations and the broader municipal objectives. It recognizes that financial decisions should b e in tandem with the city's economic well-being, promoting sustainability and resilience in the face of potential fiscal challenges.
Moreover, by urging the City Council to consider economic and business purposes, the Finance Committee emphasizes the need for a forward -looking perspective in the allocation of funds. This forward-thinking approach positions the municipality to adapt to evolving economic conditions and capitalize on opportunities that align with its strategic vision.
OPTIONS:
The City Council has the following options available.
1. Fund the Living Desert’s request of $5,000,000 over a yet -to-be-determined period.
2. Recommend a different level of funding.
3. Recommend not funding the Living Desert at this time.
4. Provide alternative direction.
FISCAL IMPACT:
If the Council decides to fund the Living Desert, the funding will be sourced from the City's General Fund. This unbudgeted request necessitates a supplemental appropriation.
Potential General Fund sources of funds include existing cash, anticipated fiscal year 2023-24 operating profit, and RDA interfund loan payments.
1. The General Fund’s current cash balance is $16,521,329.
2. Per the Council’s adopted budget, there is an anticipated $1,061,210 net profit in the General Fund during the fiscal year.
3. Per the fiscal year 2024-25 Successor Agency’s ROPS, the net cash payment to the General Fund is $2,480,000. Paid July 2024. The City will receive additional ROPS funding in similar amounts through 202 8, totaling $6,800,000 . At this time, all outstanding funding by the City to the former Redevelopment Agency will have been repaid.
The City’s Extraordinary Funding Policy:
Should the Council recommend funding exceeding $200,000, the City's Extraordinary Funding Policy will be followed. This involves a comprehensive community involvement component, including public hearings, meetings, surveys, and a town hall meeting. A copy of the City's Extraordinary Funding Policy is attached to this staff report and outlines the steps necessary to grant funds.
CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA):
This action has been reviewed per the authority and criteria contained in the California Environmental Quality Act (CEQA), the State and local CEQA Guidelines, and the City's environmental regulations. The City, acting as the Lead Agency, determined that the ordinance is not subject to CEQA pursuant to Sections 15060(c)(2), 15060(c)(3), and 15061(b)(3) of the State CEQA Guidelines, because it will not result in a direct or reasonably f oreseeable indirect physical change to the environment as there is no possibility that the action would result in a significant environmental impact, and because it does not constitute a “project” as defined in Section 15378 of the State CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3.
ATTACHMENTS:
1. Funding Request Letter dated November 17, 2023
2. The Living Desert economic report
3. The Living Desert Marketplace Sales Tax Cash Flow
4. Community Assistance Funding Policy
November 17, 2023
Donna Griffith, Mayor
Indian Wells City Council Members
Christopher Freeland, City Manager
City of Indian Wells
44-950 Eldorado Drive
Indian Wells, CA 92210
Dear Indian Wells Mayor Griffith, City Council Members, City Manager Chris Freeland:
Enclosed please find a Living Desert proposal for funding for the 2023-2024 fiscal year and beyond. We are requesting $5,000,000 for educational and programmatic support. In exchange, we are offering significant naming opportunities for the new Marketplace Restaurant & Patio and the Lion Ridge Habitat which will be located on Indian Wells land.
We recognize that this is a substantial request, but we see it as an investment for a cultural asset within Indian Wells as well as an often-visited recreational and educational institution used extensively by Indian Wells residents.
Our Board of Trustees – led by Indian Wells resident Chairman Bill Appel – is pleased to present the proposal and believes it to be an alignment with the city’s focus on increasing tourism as well as providing outstanding opportunities for your residents to have at their pleasure.
Thank you for the opportunity to consider the proposal.
Allen Monroe
President / CEO, The Living Desert
Attachments:
• Pro Forma – Service Systems Associates
• Renderings of Marketplace and Lion Ridge
• Proposed Menu Options
• 2023 Economic Impact Report
• Board of Trustees, Affiliations and Indian Wells live/work highlighted ATTACHMENT #1
Proposal to the City of Indian Wells – November 17, 2023 The Pride of the Desert
Marketplace Restaurant & Patio and Lion Ridge Naming Opportunities
A. History of Indian Wells’ Partnership with The Living Desert The Living Desert is one of the great assets of Indian Wells. Indian Wells is one of The Living Desert’s great assets, too. Some background:
• The City of Indian Wells has been an important partner with The Living Desert for more than 37 years when the city received a complimentary membership in 1985.
• Total funding received from the City over the 37 years is $1.6M and comprises support for our annual gala, sponsoring/ticket purchases for the WildLights holiday event throughout December, occasional small event support. • Total cumulative funding from ALL Indian Wells residents: $62,923,000. • The most recent and impactful financial support has been the $500,000 over the last five years as an investment in programming for schoolchildren and guests for the spectacular Rhino Savanna. The City support helped tell the story of why we brought in rhinos, a critically endangered species.
• For this support, the city received permanent recognition inside the entrance.
B. Recent Statistics with Indian Wells Resident Interaction • 5378 = Number of constituents in our database with an Indian Wells address • 2891 = Current Indian Wells households with TLD Memberships • 9 of The Living Desert’s 28 Trustees (and Legal Counsel Brian Harnik) live or work in Indian Wells:
i. Chairman Bill Appel (Toscana)
ii. Candace Holzgrafe (Desert Horizons)
iii. Sam Spinello (Eldorado)
iv. Craig McCollam (Toscana)
v. Jim Gould (The Reserve)
vi. Michael Schreter (Toscana),
vii. Sally Simonds, Phillip Smith Jr. (Toscana)
viii. Former Mayor Larry Spicer
Living Desert Members
Within Indian Wells
Annual Attendance # Comment
IW School Field
Trip Participants
(Ford Ele)
2018-2019 6209
Banner year for park-wide
attendance 138
2019-2020 3410 (Covid) 43
2020-2021 4453 12
2021-2022 6705 (Rhino Savanna opened) 28
2022 through June 30,
2023 5941
On track to equal or surpass
last year through 6/30/2023 218
• The year that the Rhino Savanna opened saw a 153,000 person increase in visitation. • The expectation is that the lion habitat will open in November 2026, along with a new dining facility and event center for large events, which will dramatically increase tourism and guests.
• The annual park guest count in Fiscal Year 2022-2023 totaled more than 616,800 surpassing that of the BNP Paribas (442,000) or Coachella Fest/Stagecoach (250,000) – albeit different time frames. • And, 77% of those annual visitors are estimated to be from out-of-area which aligns with Indian Wells goals to promote tourism.
C. BENEFITS and IMPACT: As one can see from the numbers, the residents of Indian Wells have a long and robust relationship with The Living Desert. They not only visit regularly, bringing grandchildren and guests to delight in seeing rhinos, giraffes, cheetahs, etc., hike our trails – all located in Indian Wells, but also financially support this cultural gem.
Schoolchildren from Gerald R. Ford Elementary School as well as all three local school districts and throughout southern California – come to learn about the science of the natural world.
Twenty-seven volunteers reside in Indian Wells – greeting guests, directing, sharing information on our animals and plants – giving local citizens a productive and useful way to share their talents and make a difference to the community.
D. Proposal: Educational and Programming Support. In appreciation for this level of collaboration, the following naming opportunities would be offered over a multi-year payment schedule.
• $5,000,000 - Marketplace Restaurant and Patio Naming -or- • $3,000,000 - Marketplace Building
• $1,000,000 - Marketplace Patio
• $1,000,000 - Marketplace Restaurant
• $3,000,000 - Lion Ridge Habitat 3
• $2,000,000 - Lion Ridge Habitat 2
Rationale:
Marketplace: Now that Phase 2 of the Pride of the Desert capital campaign has opened to great response, our sights continue to grow in order to attract more tourists, more guests, and widen our reach to educate about our mission to save endangered desert species. For the upcoming interim phase before bringing in lions and a special event center (Phase 3 – 2026), we are investing in offering top quality experiences for our guests. The immediate project is opening the Marketplace Restaurant and Patio. It is located 100% within the Indian Wells city boundary and overlooks the iconic Bighorn Mountain with its magnificent herd of ten bighorn sheep and lambs.
The restaurant will feature inside seating for 150 diners and will open up to an outdoor patio overlooking the Bighorn Mountain – an opportunity for our families and guests to enjoy a bite to eat or hold a private event unlike any other venue in Riverside County…a destination for weddings, corporate, family celebrations.
The Marketplace Restaurant and Patio is currently conservatively estimated to bring in $57,284,000 over the next ten years from F&B revenue and evening rentals – based on 36 events per year. Of this net revenue, 1% local sales tax – because the facility is located within Indian Wells – would bring in close to $600,000 in sales tax revenue to Indian Wells (currently not budgeted in the future Indian Wells budget). Again, this is a conservative ten-year estimate and anticipated to be a long game, and function as an ongoing, increasing sales tax generator for the City.
Lion Ridge: The Living Desert's deepening commitment to wildlife conservation will be fulfilled through the construction of the new Lion Ridge. Featuring African lions, this state-of-the-art habitat will further interpret the conservation stories of Africa's biggest cat. Just twenty years ago, it would have been unimaginable to think that the mighty lion would be facing the threat of extinction. However today, lions are facing increased pressures of human development and expansion.
Lion Ridge will feature three, one-acre lion habitats which will be the home of our new pride of lions. Each of the three habitats will be connected by a Lion Surround in the center and linked to each other by a series of catwalks above the surround. It will give visitors an immersive experience with the lions while they learn about these amazing animals. Lion Habitat #2 is partially located in Indian Wells city limits. Lion Ridge #3 is located in Palm Desert, but will be a breathtaking view through the windows of the new Lurie Events Center.
The Living Desert's new Lion Ridge habitat will share the depth of our conservation commitment and empower guests to make meaningful conservation actions to benefit all wildlife.
E. Final Thoughts: The Living Desert has included our 2023 Economic Impact Report prepared by Tourism Economics; the same company utilized by Visit Greater Palm Springs. In Fiscal Year 2022-2023, The Living Desert had an economic impact in the Coachella Valley of $148M…from the increased jobs, building labor, tourism, local spending, etc. Specifically for the City of Indian Wells, The Living Desert had a $7.9M economic impact.
With the advent of the new Marketplace (opening March 1, 2025) that will offer year- round innovative dining followed up by the new Lion Ridge habitat and the 500-seat Lurie Event Center in 2026, we expect The Living Desert to only grow as a cultural asset for our neighboring Indian Wells, increase tourist traffic, and add to the infrastructure of the city.
We invite the City of Indian Wells to be part of this continued growth by supporting programming and education over the next five years which will be recognized with a fabulous naming opportunity for the Marketplace Restaurant & Patio or Lion Ridge! Indian Wells’ enduring investment in The Living Desert and its future will have a lasting impact on the generations of residents and visitors to come. The Living Desert reminds people, in a unique and powerful way, that the world’s deserts are special places and provide an experience of nature like nowhere else.
Economic Impact of
the Living Desert Zoo
and Gardens
ATTACHMENT #2
Table of Contents
1. Research overview
2. Key findings
3. Direct impacts
4. Economic impacts summary
5. Economic impacts (FY 22/23)
6. Economic impacts (stabilized year)
7. Capital expenditure impacts
8. City key findings (FY 22/23) Page 379 of 439
RESEARCH OVERVIEW
Section 1
Introduction
The Living Desert Zoo and Gardens (“Zoo”) is a nonprofit, accredited member of the Association of Zoos and Aquariums.
The Zoo has been a top attraction in the Palm Springs area for more than 50 years – welcoming 616,900 visitors in the most recent fiscal year (FY 22/23) – and serves as an important economic anchor in Greater Palm Springs.
The Zoo is currently in a three-phase capital improvement project that includes new animal habitat space, a state -of-the-art event center, and new ways for guests to observe, interact with and learn about desert species. In 2021, the Zoo opened a new four-acre Rhino Savanna and is currently developing a lion’s exhibit.
The Living Desert Zoo and Gardens’ annual operations, along with spending by Zoo patrons at local, off -site establishments and businesses, generates significant economic and fiscal (tax) impacts in Riverside County. This study analyzes the impacts attributable to the annual operations of the Living Desert Zoo and Gardens for FY 18/19 through FY 22/23 and for a stabilized year of operations post expansion, as well as the one -time impacts for capital expenditures.
Tourism Economics prepared a comprehensive model to quantify the impacts arising from annual operational spending and capital expenditures at the Living Desert Zoo and Gardens, as well as patron spending at off -site establishments throughout the local economy.
Impact modeling is based on an IMPLAN input-output (I-O) model for the Riverside County economy.
The results of this study show the scope of the Living Desert Zoo and Gardens’ impacts in terms of direct operational spending, capital expenditures, and off-site visitor spending, as well as total economic impacts, including total business sales, employment, labor income, and fiscal (tax) impacts.
KEY FINDINGS
Section 2
Summary Findings
The Living Desert Zoo and Gardens generated a total
economic impact of $148.1 million in FY 22/23,
excluding capital expenditure impacts.
FY 22/23 Operations & Visitor Spending Impacts: In FY
22/23, the Living Desert Zoo and Gardens generated a total economic impact of $148.1 million, which included $54.9 million in total labor income, supported 1,484 part -time and full-time jobs, and generated $17.9 million in state and local tax revenues.
Stabilized Year Operations & Visitor Spending Impacts: In a stabilized year of operations post expansion, the Living Desert Zoo and Gardens is expected to generate a total
economic impact of $215.1 million, which is expected to include $83.0 million in total labor income, support 2,150 part-time and full-time jobs, and generate $25.3 million in state and local tax revenues.
In addition to the annual impacts, the one-time capital expenditure impacts due to Zoo expansion is expected to generate a total economic impact of $62.8 million.
Living Desert Zoo and Gardens Summary Economic Impacts
($ millions and number of jobs)
Source: Living Desert Zoo and Gardens, Tourism Economics Note: Totals may not sum due to rounding.
FY 18/19 FY 19/20 FY 20/21 FY 21/22 FY 22/23 Stabilized Year
Business Sales $96.1 $68.8 $86.0 $135.3 $148.1 $215.1
Personal Income $34.8 $26.2 $30.9 $47.2 $54.9 $83.0
Employment 1,007 761 901 1,342 1,484 2,150
Taxes $18.1 $12.3 $16.2 $26.6 $28.8 $41.3
State & local taxes $11.1 $7.2 $10.0 $16.6 $17.9 $25.3
Federal taxes $7.0 $5.1 $6.2 $9.9 $10.9 $15.9
The Living Desert Zoo and Gardens generated significant economic impacts as the Zoo spent money in the local
economy in the form of annual operational expenditures.
In addition to spending money during their visit to the Zoo, patrons also spent money at businesses and
establishments in the local economy during their stay in Greater Palm Springs, including local restaurants,
retailers, and recreation/entertainment venues.
In FY 22/23, the Zoo generated $98.2 million in direct
spending in the local economy, as outlined below.
ECONOMIC IMPACTS
The Living Desert Zoo and Gardens’ direct spending impact of $98.2 million generated a total economic impact of $148.1 million in the local economy, which supported 1,484 part-time and full-time jobs and generated $17.9 million in state and local taxes in FY 22/23.
LIVING DESERT ZOO AND GARDENS IMPACTS
OPERATIONS & VISITOR SPENDING ECONOMIC IMPACTS (FY 22/23) $148.1 MILLION
Total Economic Impact of the Living Desert Zoo and Gardens (FY 22/23)
$98.2 MILLION
Direct Spending Impact of the Zoo (FY 22/23)
$77.9 MILLION
Off-Site Spending by Zoo Patrons
$148.1M
Total
Economic
Impact
1,484
Total
Jobs
Generated
$17.9M
Total
State & Local
Tax Revenues
$20.2 MILLION
Zoo Operating Expenditures
ECONOMIC IMPACTS OF THE LIVING DESERT ZOO AND
GARDENS (FY 22/23)
DIRECT SPENDING
(FY 22/23)
The Living Desert Zoo and Gardens is expected to
generate significant economic impacts as the Zoo spends money in the local economy in the form of annual
operational expenditures.
In addition to spending money during their visit to the Zoo, patrons also will spend money at businesses and
establishments in the local economy during their stay in Greater Palm Springs, including local restaurants,
retailers, and recreation/entertainment venues.
In a stabilized year of operations post expansion, the Zoo is expected to generate $141.9 million in direct spending in the local economy, as outlined below.
ECONOMIC IMPACTS
The Living Desert Zoo and Gardens’ expected direct spending impact of $141.9 million is expected to generate a total economic impact of $215.1 million in the local economy, which is expected to support 2,150 part- time and full-time jobs and generate $25.3 million in state and local taxes in a stabilized year of operations post expansion.
LIVING DESERT ZOO AND GARDENS IMPACTS
OPERATIONS & VISITOR SPENDING ECONOMIC IMPACTS (STABILIZED YEAR) $215.1 MILLION
Total Economic Impact of the Living Desert Zoo and Gardens (Stabilized Year)
$141.9 MILLION
Direct Spending Impact of the Zoo
(Stabilized Year)
$109.5 MILLION
Off-Site Spending by Zoo Patrons
$215.1M
Total
Economic
Impact
2,150
Total
Jobs
Generated
$25.3M
Total
State & Local
Tax Revenues
$32.4 MILLION
Zoo Operating Expenditures
ECONOMIC IMPACTS OF THE LIVING DESERT ZOO AND
GARDENS (STABILIZED YEAR)
DIRECT SPENDING
(STABILIZED YEAR)
The Living Desert Zoo and Gardens already invested and
has plans to further invest in significant capital to expand the Zoo’s footprint and operation.
The expansion is expected to cost $40.9 million.
ONE-TIME CAPITAL EXPENDITURE ECONOMIC IMPACTS
The Living Desert Zoo and Gardens’ capital expenditure direct spending impact of $40.9 million is expected to generate a total economic impact of $62.8 million, which is expected to support 509 part-time and full-time jobs and generate $3.0 million in state and local taxes.
LIVING DESERT ZOO AND GARDENS IMPACTS
ONE-TIME CAPITAL EXPENDITURE IMPACTS
$62.8M
Total
Economic
Impact
509
Total
Jobs
Generated
$3.0M
Total
State & Local
Tax Revenues
DIRECT SPENDING
ONE-TIME IMPACTS
$40.9 MILLION
Living Desert Zoo and Gardens Capital
Expenditure Direct Spending Impact
ONE-TIME IMPACTS OF THE LIVING DESERT ZOO AND
GARDENS CAPITAL EXPENDITURES
$62.8 MILLION
Total Economic Impact of the Living Desert Zoo and Gardens Capital Expenditure
DIRECT IMPACTS
Section 3
Direct Impact Approach
The Living Desert Zoo and Gardens generated an
estimated $98.2 million in direct spending in FY 22/23.
The accompanying table outlines the direct spending impacts attributable to the Living Desert Zoo and Gardens. These direct impacts ultimately serve as the inputs for the
economic impact model.
The Living Desert Zoo and Gardens' direct spending is
comprised of the following categories:
1. Approximately $20.2 million in operating expenditures in FY 22/23.
2. Approximately $77.9 million in off-site spending by
non-local patrons in FY 22/23, including spending at
local restaurants, retailers, and recreation/entertainment venues.
Direct spending impacts attributable to the Zoo
($ millions)
Source: Living Desert Zoo and Gardens, Tourism Economics Note: Totals may not sum due to rounding.
FY
18/19
FY
19/20
FY
20/21
FY
21/22
FY
22/23
Stabilized
Year
Total annual direct spending $63.6 $45.1 $57.0 $89.7 $98.2 $141.9 Operating expenditures $13.2 $12.8 $10.1 $17.1 $20.2 $32.4 Visitor off-site spending $50.3 $32.3 $46.8 $72.7 $77.9 $109.5
FY
18/19
FY
19/20
FY
20/21
FY
21/22
FY
22/23
Stabilized
Year
Operating expenses $13.2 $12.8 $10.1 $17.1 $20.2 $32.4
Salaries & wages $7.0 $7.3 $5.7 $7.7 $11.1 $16.1
Employees 194 197 157 211 252 400
Full-time 134 139 127 162 185 307
Part-time 60 58 30 49 67 93
Zoo Operational Spending
The Living Desert Zoo and Gardens employed 252
part-time and full-time employees and incurred $20.2
million in operating expenses in FY 22/23.
The Living Desert Zoo and Gardens spent $20.2 million in operational expenditures in FY 22/23, which included
spending on employee salaries and wages, professional
fees and contracts, park supplies, repairs and maintenance, marketing, and utilities, among others.
The Living Desert Zoo and Gardens employed a total of 67 part-time and 185 full-time employees that earned a total of $11.1 million in FY 22/23.
Living Desert Zoo and Gardens operational spending
($ millions and number of employees)
Source: Living Desert Zoo and Gardens
Zoo Visitor Count and Origin
The Living Desert Zoo and Gardens welcomed 616,900
total visitors in FY 22/23 and is expected to welcome
850,000 visitors in a stabilized year of operations post expansion.
In FY 22/23, the Living Desert Zoo and Gardens welcomed 616,900 visitors, which excludes school tours.
Approximately 77% or 473,800 of the 616,900 visitors
originated from outside Greater Palm Springs – including 63% that stayed overnight and 14% that visited for the day.
These visitors spent money while at the Zoo and at off -site establishments in the local economy, including local
restaurants, hotels, retailers, and recreation / entertainment venues.
Living Desert Zoo and Gardens visitor count by origin
(number of visitors)
Source: Living Desert Zoo and Gardens
Note: total patrons excludes school tours.
FY 18/19 FY 19/20 FY 20/21 FY 21/22 FY 22/23 Stabilized Year
Total visitors 508,900 345,500 469,200 634,100 616,900 850,000 Locals 126,200 97,100 116,400 178,800 143,100 225,000
Day-trippers 81,900 49,900 75,900 87,900 84,800 128,700 Overnighters 300,800 198,500 277,000 367,400 389,000 496,300
FY
18/19
FY
19/20
FY
20/21
FY
21/22
FY
22/23
Stabilized
Year
Total visitor spending $50.3 $32.3 $46.8 $72.7 $77.9 $109.5 Lodging $17.9 $10.8 $15.2 $30.1 $32.2 $45.2
Food & beverage $14.5 $9.6 $14.2 $19.0 $20.5 $28.8
Entertainment $7.0 $4.6 $6.9 $9.2 $9.9 $13.9
Retail $6.4 $4.3 $6.3 $8.4 $9.1 $12.8
Local transportation $4.5 $3.0 $4.4 $5.9 $6.3 $8.9
Zoo Visitor Spending by Industry
The 473,800 visitors that originated from outside
Greater Palm Springs spent $77.9 million at off-site
establishments in the local economy in FY 22/23.
In FY 22/23, the 473,800 visitors to the Living Desert Zoo and Gardens spent $77.9 million at off-site establishments in the local economy, including local restaurants, hotels, retailers, and recreation / entertainment venues.
The 850,000 visitors that are expected to go to the Zoo in a stabilized year of operations post expansion are expected to spend $109.5 million at off-site establishments in the local economy.
Living Desert Zoo and Gardens visitor spending
($ millions)
Source: Tourism Economics
Note: Totals many not sum due to rounding.
Direct Spending (FY 22/23)
The Living Desert Zoo and Gardens' direct spending
impacts of $98.2 million (including visitor spending
and operational spending) was spread across a wide
range of sectors within the local economy.
In addition to the $77.9 million in visitor spending, the Living Desert Zoo and Gardens spent $20.2 million in
operating expenditures. In total, the Zoo generated $98.2 million in direct spending impact.
The direct spending impact of $98.2 million in the local economy was spread across a number of industries,
including $32.2 million in lodging expenditures, $20.5 million in food and beverage expenditures, $20.2 million in
operating expenditures, $9.9 million in
entertainment/recreation spending, $9.1 million in retail purchases, and $6.3 million in local transportation.
Source: Tourism Economics
ECONOMIC IMPACTS
SUMMARY
Section 4
Economic Impact Approach
The economic impacts of the Living Desert Zoo and Gardens’ direct spending were estimated using regional Input-Output (I-O) models based on customized IMPLAN (www.implan.com) models for the Riverside County economy. IMPLAN is recognized as an industry standard in local-level I-O models. An I-O model represents a profile of an economy by measuring the relationships among industries and consumers to track the flow of industry revenue to wages, profits, capital, taxes and suppliers. The supply chain is traced as dollars flow through the economy, representing indirect impacts. The model also calculates the induced impacts of spending. Induced impacts represent benefits to the economy as incomes earned as a result of direct spending are spent in the local economy, generating additional sales, jobs, taxes, and income.
The modeling process begins with aligning the direct expenditure measurements with the related sectors in the model (e.g. hotels, restaurants, retail, and recreation). The model is then run to trace the flow of these expenditures through the economy. In this process, the inter-relationships between consumers and industries generate each level of impact.
IMPLAN calculates three levels of impact – direct, indirect, and induced – for a broad set of indicators. These include the following:
▪ Business sales (also called gross output)
▪ Household income (including wages and benefits)
▪ Employment
▪ Federal taxes
▪ State and local taxes
FY
18/19
FY
19/20
FY
20/21
FY
21/22
FY
22/23
Stabilized
Year
Total business sales $96.1 $68.8 $86.0 $135.3 $148.1 $215.1 Direct business sales $63.6 $45.1 $57.0 $89.7 $98.2 $141.9 Total personal income $34.8 $26.2 $30.9 $47.2 $54.9 $83.0 Direct personal income $24.4 $18.4 $21.7 $33.2 $38.5 $58.4 Total employment 1,007 761 901 1,342 1,484 2,150
Direct employment 719 534 647 963 1,059 1,534
Total taxes $18.1 $12.3 $16.2 $26.6 $28.8 $41.3
Total state & local taxes $11.1 $7.2 $10.0 $16.6 $17.9 $25.3 Total federal taxes $7.0 $5.1 $6.2 $9.9 $10.9 $15.9
Direct taxes $13.1 $8.8 $11.7 $19.4 $21.0 $30.1
Direct state & local taxes $8.3 $5.3 $7.4 $12.5 $13.4 $19.0 Direct federal taxes $4.9 $3.5 $4.3 $6.9 $7.6 $11.1
Economic Impact Summary
The Zoo generated a total economic impact of $148.1
million, which supported 1,484 part-time and full-
time jobs and generated $17.9 million in state and
local taxes in FY 22/23.
The accompanying table outlines the economic impacts in Riverside County attributable to the Living Desert Zoo and Gardens in FY 18/19 through FY 22/23 and in a stabilized year of operations post expansion.
Details for FY 22/23, the stabilized year of operations post expansion, and the capital expenditures are provided in the following three sections.
Living Desert Zoo and Gardens economic impact summary
($ millions and number of employees)
Source: Tourism Economics
Note: Totals many not sum due to rounding. Page 395 of 439
ECONOMIC IMPACTS
(FY 22/23)
Section 5
Direct
Business
Sales
Indirect
Business
Sales
Induced
Business
Sales
Total
Business
Sales
Total, all industries $98.2 $25.6 $24.3 $148.1
By industry
Lodging $32.3 $0.0 $0.0 $32.3
Food & Beverage $20.6 $1.5 $2.4 $24.5
Recreation and Entertainment $21.7 $0.9 $0.3 $22.9
Finance, Insurance and Real Estate $0.4 $7.7 $7.9 $16.0 Business Services $7.1 $6.9 $1.7 $15.8
Retail Trade $9.1 $0.5 $2.3 $11.8
Other Transport $3.5 $1.6 $0.6 $5.6
Education and Health Care $0.1 $3.8 $3.9
Gasoline Stations $2.6 $0.0 $0.2 $2.8
Wholesale Trade $1.3 $1.2 $2.5
Personal Services $0.8 $1.6 $2.4
Government $1.5 $0.9 $2.4
Construction and Utilities $0.8 $1.0 $0.5 $2.3
Communications $1.4 $0.7 $2.1
Manufacturing $0.4 $0.1 $0.5
Air Transport $0.0 $0.0 $0.1
Agriculture, Fishing, Mining $0.0 $0.0 $0.0
Business Sales by Industry
The Living Desert Zoo and Gardens' operations and
visitor spending generated a total economic impact of
$148.1 million in FY 22/22.
The $98.2 million in Zoo operational spending and off -site spending by visitors generated $25.6 million in indirect expenditures and $24.3 million in induced expenditures, resulting in a total economic impact of $148.1 million in the local economy in FY 22/23.
Business sales impacts by industry, FY 22/23
($ millions)
Source: Tourism Economics
Note: Totals many not sum due to rounding.
Business sales impacts by industry, FY 22/23
($ millions)
$0 $20 $40
Lodging
Food & Beverage
Recreation and Entertainment
Finance, Insurance and Real Estate
Business Services
Retail Trade
Other Transport
Education and Health Care
Gasoline Stations
Wholesale Trade
Personal Services
Government
Construction and Utilities
Communications
Manufacturing
Air Transport
Agriculture, Fishing, Mining
Direct Indirect Induced
Business Sales by Industry
The Living Desert Zoo and Gardens' operations and
visitor spending generated a total economic impact of
$148.1 million in FY 22/23.
The lodging industry was the most impacted industry with $32.3 million in total output in FY 22/23. The food &
beverage industry and recreation and entertainment
industry followed with $24.5 million and $22.9 million in total business sales, respectively.
Business sales impacts by industry, FY 22/23
($ millions)
Source: Tourism Economics
$ millions
Direct
Employment
Indirect
Employment
Induced
Employment
Total
Employment
Total, all industries 1,059 227 197 1,484
By industry
Recreation and Entertainment 322 15 6 343
Lodging 313 0 0 313
Food & Beverage 254 23 34 311
Business Services 61 82 19 162
Other Transport 61 20 9 90
Retail Trade 38 5 27 71
Finance, Insurance and Real Estate 2 49 18 69
Education and Health Care 2 44 45
Personal Services 10 25 36
Construction and Utilities 6 4 2 12
Government 8 4 12
Wholesale Trade 5 4 9
Communications 3 2 5
Gasoline Stations 2 0 1 3
Manufacturing 1 0 2
Agriculture, Fishing, Mining 0 0 0
Air Transport 0 0 0
Employment by Industry
The Living Desert Zoo and Gardens' operations and
visitor spending generated a total employment
impact of 1,484 part-time and full-time jobs in FY
22/23.
The Zoo operations and visitor spending directly supported 1,059 full-time and part-time jobs. Indirect and induced impacts generated 227 indirect jobs and 197 induced jobs.
Employment impacts by industry, FY 22/23
(part-time and full-time jobs)
Source: Tourism Economics
Note: Totals many not sum due to rounding.
Employment impacts by industry, FY 22/23
(part-time and full-time jobs)
0 200 400
Recreation and Entertainment
Lodging
Food & Beverage
Business Services
Other Transport
Retail Trade
Finance, Insurance and Real Estate
Education and Health Care
Personal Services
Construction and Utilities
Government
Wholesale Trade
Communications
Gasoline Stations
Manufacturing
Agriculture, Fishing, Mining
Air Transport
Direct Indirect Induced
Employment by Industry
The Living Desert Zoo and Gardens' operations and
visitor spending generated a total employment
impact of 1,484 part-time and full-time jobs in FY
22/23.
The recreation and entertainment ranked first with 343
total jobs in FY 22/23. The lodging industry sector followed with 313 total jobs.
Employment impacts by industry, FY 22/23
(part-time and full-time jobs)
Source: Tourism Economics
jobs
Direct
Personal
Income
Indirect
Personal
Income
Induced
Personal
Income
Total
Personal
Income
Total, all industries $38.5 $8.6 $7.8 $54.9
By industry
Lodging $13.4 $0.0 $0.0 $13.4
Recreation and Entertainment $12.2 $0.3 $0.1 $12.6
Food & Beverage $7.3 $0.7 $1.0 $9.0
Business Services $2.4 $3.2 $0.8 $6.4
Other Transport $1.6 $0.8 $0.3 $2.7
Education and Health Care $0.0 $2.2 $2.2
Retail Trade $1.1 $0.2 $0.8 $2.1
Finance, Insurance and Real Estate $0.1 $1.1 $0.5 $1.7
Personal Services $0.6 $1.1 $1.6
Government $0.7 $0.3 $1.1
Construction and Utilities $0.3 $0.2 $0.1 $0.7
Wholesale Trade $0.3 $0.3 $0.7
Communications $0.3 $0.1 $0.4
Gasoline Stations $0.1 $0.0 $0.1 $0.2
Manufacturing $0.1 $0.0 $0.1
Agriculture, Fishing, Mining $0.0 $0.0 $0.0
Air Transport $0.0 $0.0 $0.0
Labor Income by Industry
The Living Desert Zoo and Gardens' operations and
visitor spending generated $54.9 million in total labor income in FY 22/23.
The Zoo generated $38.5 million in direct personal income, $8.6 million in indirect labor income, and $7.8 million in induced personal income, resulting in $54.9 million in total labor income in FY 22/23.
Labor income impacts by industry, FY 22/23
($ millions)
Source: Tourism Economics
Note: Totals many not sum due to rounding.
Labor income impacts by industry, FY 22/23
($ millions)
$0 $5 $10 $15
Lodging
Recreation and Entertainment
Food & Beverage
Business Services
Other Transport
Education and Health Care
Retail Trade
Finance, Insurance and Real Estate
Personal Services
Government
Construction and Utilities
Wholesale Trade
Communications
Gasoline Stations
Manufacturing
Agriculture, Fishing, Mining
Air Transport
Direct Indirect Induced
Labor Income by Industry
The Living Desert Zoo and Gardens' operations and
visitor spending generated $54.9 million in total labor income in FY 22/23.
In FY 22/23, the lodging industry was the most impacted industry with $13.4 million in total labor income. The
recreation and entertainment industry followed with $12.6 million in total labor income, including $12.2 million in direct labor income and $0.4 million in indirect and induced labor income.
Labor income impacts by industry, FY 22/23
($ millions)
Source: Tourism Economics
$ millions
State Local Total
Total taxes $9.6 $8.3 $17.9
Sales $7.0 $1.5 $8.5
Bed Tax $0.1 $4.2 $4.3
Personal Income $1.6 $0.0 $1.6
Corporate $0.3 $0.0 $0.3
Social Insurance $0.2 $0.0 $0.2
Excise and Fees $0.3 $0.4 $0.7
Property $0.1 $2.2 $2.3
Direct
Indirect /
Induced Total
Total Tax Revenues $21.0 $7.8 $28.8
Federal $7.6 $3.3 $10.9
Personal Income $2.8 $1.3 $4.1
Corporate $0.4 $0.3 $0.6
Indirect Business $0.3 $0.2 $0.5
Social Insurance $4.1 $1.6 $5.7
State and Local $13.4 $4.5 $17.9
Sales $5.7 $2.8 $8.5
Bed Tax $4.3 $0.0 $4.3
Personal Income $1.1 $0.5 $1.6
Corporate $0.2 $0.1 $0.3
Social Insurance $0.2 $0.1 $0.2
Excise and Fees $0.5 $0.3 $0.7
Property $1.6 $0.7 $2.3
Tax Generation
The Living Desert Zoo and Gardens' operations and
visitor spending generated $28.8 million in
governmental revenue in FY 22/23.
The Zoo’s operations and visitor spending generated a total fiscal (tax) impact of $28.8 million in FY 22/23.
The State of California government collected $9.6 million, and the local government collected $8.3 million as a result of the Living Desert Zoo and Gardens.
Total tax revenue, FY 22/23
($ millions)
Source: Tourism Economics
State and local tax revenue, FY 22/23
($ millions)
ECONOMIC IMPACTS
(STABILIZED YEAR)
Section 6
$0 $10 $20 $30 $40 $50
Lodging
Recreation and Entertainment
Food & Beverage
Finance, Insurance and Real Estate
Business Services
Retail Trade
Other Transport
Education and Health Care
Gasoline Stations
Wholesale Trade
Personal Services
Government
Construction and Utilities
Communications
Manufacturing
Air Transport
Agriculture, Fishing, Mining
Direct Indirect Induced
Business Sales by Industry
Business sales impacts by industry, stabilized year
($ millions)
Source: Tourism Economics
Business sales impacts by industry, stabilized year
($ millions)
Source: Tourism Economics
Direct
Business
Sales
Indirect
Business
Sales
Induced
Business
Sales
Total
Business
Sales
Total, all industries $141.9 $37.4 $35.8 $215.1
By industry
Lodging $45.3 $0.0 $0.0 $45.3
Recreation and Entertainment $35.0 $1.3 $0.5 $36.8
Food & Beverage $29.0 $2.1 $3.5 $34.6
Finance, Insurance and Real Estate $0.7 $11.5 $11.6 $23.8 Business Services $9.3 $9.9 $2.5 $21.8
Retail Trade $12.8 $0.7 $3.3 $16.8
Other Transport $4.9 $2.3 $0.9 $8.1
Education and Health Care $0.2 $5.6 $5.7
Gasoline Stations $3.7 $0.0 $0.2 $4.0
Wholesale Trade $1.9 $1.8 $3.6
Personal Services $1.2 $2.4 $3.6
Government $2.3 $1.3 $3.5
Construction and Utilities $1.3 $1.4 $0.8 $3.5
Communications $2.0 $1.1 $3.0
Manufacturing $0.5 $0.2 $0.8
Air Transport $0.0 $0.1 $0.1
Agriculture, Fishing, Mining $0.0 $0.0 $0.1
$ millions
0 100 200 300 400 500 600
Recreation and Entertainment
Food & Beverage
Lodging
Business Services
Other Transport
Finance, Insurance and Real Estate
Retail Trade
Education and Health Care
Personal Services
Construction and Utilities
Government
Wholesale Trade
Communications
Gasoline Stations
Manufacturing
Agriculture, Fishing, Mining
Air Transport
Direct Indirect Induced
Direct
Employment
Indirect
Employment
Induced
Employment
Total
Employment
Total, all industries 1,534 327 289 2,150
By industry
Recreation and Entertainment 504 21 9 535
Food & Beverage 357 32 51 439
Lodging 439 0 0 439
Business Services 79 116 28 223
Other Transport 85 29 13 128
Finance, Insurance and Real Estate 3 73 26 102
Retail Trade 54 7 40 101
Education and Health Care 2 64 67
Personal Services 15 37 52
Construction and Utilities 9 6 3 18
Government 12 5 17
Wholesale Trade 7 6 13
Communications 4 3 7
Gasoline Stations 3 0 2 5
Manufacturing 2 1 3
Agriculture, Fishing, Mining 0 0 1
Air Transport 0 0 0
Employment by Industry
Employment impacts by industry, stabilized year
(part-time and full-time jobs)
Source: Tourism Economics
Employment impacts by industry, stabilized year
(part-time and full-time jobs)
Source: Tourism Economics
jobs
$0 $5 $10 $15 $20 $25
Lodging
Recreation and Entertainment
Food & Beverage
Business Services
Education and Health Care
Retail Trade
Other Transport
Finance, Insurance and Real Estate
Government
Personal Services
Wholesale Trade
Construction and Utilities
Communications
Gasoline Stations
Manufacturing
Air Transport
Agriculture, Fishing, Mining
Direct Indirect Induced
Direct
Personal
Income
Indirect
Personal
Income
Induced
Personal
Income
Total
Personal
Income
Total, all industries $58.4 $12.8 $11.8 $83.0
By industry
Lodging $21.0 $0.1 $0.0 $21.1
Recreation and Entertainment $18.6 $0.3 $0.4 $19.2
Food & Beverage $12.0 $1.3 $1.5 $14.7
Business Services $2.8 $4.3 $1.4 $8.5
Education and Health Care $0.0 $0.5 $3.3 $3.8
Retail Trade $1.8 $0.6 $1.3 $3.6
Other Transport $1.5 $1.3 $0.5 $3.3
Finance, Insurance and Real Estate $0.2 $1.2 $0.7 $2.1
Government $1.3 $0.7 $2.0
Personal Services $0.1 $0.5 $1.2 $1.8
Wholesale Trade $0.1 $0.5 $0.5 $1.1
Construction and Utilities $0.3 $0.4 $0.2 $0.9
Communications $0.0 $0.3 $0.2 $0.4
Gasoline Stations $0.1 $0.0 $0.1 $0.2
Manufacturing $0.1 $0.0 $0.1
Air Transport $0.0 $0.0 $0.0
Agriculture, Fishing, Mining $0.0 $0.0 $0.0
Labor Income by Industry
Labor income impacts by industry, stabilized year
($ millions)
Source: Tourism Economics
Labor income impacts by industry, stabilized year
($ millions)
Source: Tourism Economics
$ millions
Tax Generation
Total tax revenue, stabilized year
($ millions)
Source: Tourism Economics
State and local tax revenue, stabilized year
($ millions)
Source: Tourism Economics
Direct
Indirect /
Induced Total
Total Tax Revenues $30.1 $11.1 $41.3
Federal $11.1 $4.8 $15.9
Personal Income $4.2 $1.8 $6.0
Corporate $0.5 $0.4 $0.9
Indirect Business $0.4 $0.2 $0.6
Social Insurance $6.0 $2.3 $8.4
State and Local $19.0 $6.3 $25.3
Sales $8.0 $4.0 $12.0
Bed Tax $6.0 $0.0 $6.0
Personal Income $1.6 $0.7 $2.3
Corporate $0.2 $0.2 $0.4
Social Insurance $0.3 $0.0 $0.4
Excise and Fees $0.7 $0.4 $1.0
Property $2.3 $1.0 $3.2
State Local Total
Total taxes $13.7 $11.6 $25.3
Sales $9.9 $2.1 $12.0
Bed Tax $0.1 $5.9 $6.0
Personal Income $2.3 $0.0 $2.3
Corporate $0.4 $0.0 $0.4
Social Insurance $0.4 $0.0 $0.4
Excise and Fees $0.5 $0.6 $1.0
Property $0.2 $3.1 $3.2
CAPITAL EXPENDITURE
IMPACTS
Section 7
Direct
Business
Sales
Indirect
Business
Sales
Induced
Business
Sales
Total
Business
Sales
Total, all industries $40.9 $8.6 $13.3 $62.8
By industry
Construction and Utilities $32.7 $0.1 $0.3 $33.1
Business Services $8.2 $2.4 $0.9 $11.5
Finance, Insurance and Real Estate $2.0 $4.3 $6.3
Wholesale Trade $1.7 $0.7 $2.3
Education and Health Care $0.0 $2.1 $2.1
Food & Beverage $0.2 $1.3 $1.5
Retail Trade $0.2 $1.2 $1.4
Personal Services $0.2 $0.9 $1.1
Other Transport $0.7 $0.3 $1.0
Communications $0.3 $0.4 $0.7
Government $0.2 $0.5 $0.7
Manufacturing $0.6 $0.1 $0.6
Recreation and Entertainment $0.0 $0.2 $0.2
Gasoline Stations $0.0 $0.1 $0.1
Agriculture, Fishing, Mining $0.0 $0.0 $0.1
Air Transport $0.0 $0.0 $0.0
Lodging $0.0 $0.0 $0.0
$0 $20 $40
Construction and Utilities
Business Services
Finance, Insurance and Real Estate
Wholesale Trade
Education and Health Care
Food & Beverage
Retail Trade
Personal Services
Other Transport
Communications
Government
Manufacturing
Recreation and Entertainment
Gasoline Stations
Agriculture, Fishing, Mining
Air Transport
Lodging
Direct Indirect Induced
Business Sales by Industry
Business sales impacts by industry, capital expenditures ($ millions)
Source: Tourism Economics
Business sales impacts by industry, capital expenditures ($ millions)
Source: Tourism Economics
$ millions
Direct
Employment
Indirect
Employment
Induced
Employment
Total
Employment
Total, all industries 359 56 94 509
By industry
Construction and Utilities 299 0 1 300
Business Services 60 24 9 93
Education and Health Care 0 21 21
Food & Beverage 2 16 19
Finance, Insurance and Real Estate 10 9 18
Retail Trade 1 13 14
Personal Services 2 12 14
Other Transport 6 4 10
Wholesale Trade 6 2 8
Recreation and Entertainment 1 3 4
Government 1 2 3
Manufacturing 2 0 2
Communications 1 1 1
Gasoline Stations 0 1 1
Agriculture, Fishing, Mining 0 0 0
Air Transport 0 0 0
Lodging 0 0 0
0 200 400
Construction and Utilities
Business Services
Education and Health Care
Food & Beverage
Finance, Insurance and Real Estate
Retail Trade
Personal Services
Other Transport
Wholesale Trade
Recreation and Entertainment
Government
Manufacturing
Communications
Gasoline Stations
Agriculture, Fishing, Mining
Air Transport
Lodging
Direct Indirect Induced
Employment by Industry
Employment impacts by industry, capital expenditures
(part-time and full-time jobs)
Source: Tourism Economics
Employment impacts by industry, capital expenditures
(part-time and full-time jobs)
Source: Tourism Economics
jobs
Direct
Personal
Income
Indirect
Personal
Income
Induced
Personal
Income
Total
Personal
Income
Total, all industries $21.0 $2.7 $4.0 $27.7
By industry
Construction and Utilities $17.8 $0.0 $0.1 $17.9
Business Services $3.3 $1.1 $0.4 $4.7
Education and Health Care $0.0 $1.1 $1.1
Personal Services $0.1 $0.6 $0.7
Food & Beverage $0.1 $0.5 $0.6
Wholesale Trade $0.4 $0.2 $0.6
Finance, Insurance and Real Estate $0.3 $0.3 $0.6
Retail Trade $0.1 $0.4 $0.5
Other Transport $0.3 $0.2 $0.5
Government $0.1 $0.2 $0.3
Manufacturing $0.1 $0.0 $0.1
Communications $0.1 $0.1 $0.1
Recreation and Entertainment $0.0 $0.1 $0.1
Gasoline Stations $0.0 $0.0 $0.0
Agriculture, Fishing, Mining $0.0 $0.0 $0.0
Air Transport $0.0 $0.0 $0.0
Lodging $0.0 $0.0 $0.0
$0 $10 $20
Construction and Utilities
Business Services
Education and Health Care
Personal Services
Food & Beverage
Wholesale Trade
Finance, Insurance and Real Estate
Retail Trade
Other Transport
Government
Manufacturing
Communications
Recreation and Entertainment
Gasoline Stations
Agriculture, Fishing, Mining
Air Transport
Lodging
Direct Indirect Induced
Labor Income by Industry
Labor income impacts by industry, capital expenditures
($ millions)
Source: Tourism Economics
Labor income impacts by industry, capital expenditures
($ millions)
Source: Tourism Economics
$ millions
State Local Total
Total taxes $1.9 $1.1 $3.0
Sales $0.8 $0.2 $1.0
Personal Income $0.9 $0.0 $0.9
Corporate $0.1 $0.0 $0.1
Social Insurance $0.1 $0.0 $0.1
Excise and Fees $0.1 $0.1 $0.2
Property $0.0 $0.7 $0.7
Direct
Indirect /
Induced Total
Total Tax Revenues $5.3 $3.1 $8.4
Federal $4.0 $1.5 $5.4
Personal Income $1.8 $0.5 $2.3
Corporate $0.0 $0.1 $0.2
Indirect Business $0.0 $0.1 $0.1
Social Insurance $2.1 $0.7 $2.8
State and Local $1.3 $1.7 $3.0
Sales $0.3 $0.7 $1.0
Personal Income $0.7 $0.2 $0.9
Corporate $0.0 $0.1 $0.1
Social Insurance $0.1 $0.0 $0.1
Excise and Fees $0.1 $0.2 $0.2
Property $0.2 $0.5 $0.7
Tax Generation
Total tax revenue, capital expenditures
($ millions)
Source: Tourism Economics
State and local tax revenue, capital expenditures
($ millions)
Source: Tourism Economics
CITY KEY FINDINGS
(FY 22/23)
Section 8
City Summary Findings (FY 22/23)
The following section presents the economic impacts
generated by Living Desert Zoo and Garden patrons off -site spending in five cities within Greater Palm Springs in FY 22/23.
These figures exclude the economic impact generated by the Living Desert Zoo and Garden’s operational expenditures, which were included in the aggregated Zoo impacts for all Greater Palm Springs presented in the prior sections.
The accompanying table outlines the economic impacts
generated by off-site visitor spending in each city: Palm Springs accounted for the largest portion ($30.9 million), followed by Palm Desert ($24.9 million), La Quinta ($14.9 million), Rancho Mirage ($14.0 million), and Indian Wells ($7.9 million).
Living Desert Zoo and Gardens Summary Economic Impacts
($ millions and number of jobs)
Source: Living Desert Zoo and Gardens, Tourism Economics Note: Totals may not sum due to rounding.
Indian
Wells
Palm
Desert
Palm
Springs La Quinta Rancho
Mirage
Business Sales $7.9 $24.9 $30.9 $14.9 $14.0
Personal Income $2.7 $8.5 $10.5 $5.1 $4.7
Employment 74 235 292 140 132
Taxes $1.8 $5.4 $7.2 $3.3 $3.0
State & local taxes $1.2 $3.6 $5.0 $2.2 $2.0
Federal taxes $0.6 $1.8 $2.2 $1.1 $1.0
The Living Desert Zoo and Gardens generated significant economic impacts in Indian Wells as Zoo patrons spent
money at businesses and establishments in Indian Wells
during their trip to the Zoo, including local restaurants, retailers, and recreation/entertainment venues.
In FY 22/23, Zoo patrons spent $5.5 million in Indian
Wells, as outlined below.
ECONOMIC IMPACTS
The Living Desert Zoo and Gardens’ patron spending impact of $5.5 million generated a total economic impact of $7.9 million in the Indian Wells economy, which supported 74 part-time and full-time jobs and generated $1.2 million in state and local taxes in FY 22/23.
LIVING DESERT ZOO AND GARDENS IMPACTS: INDIAN WELLS
VISITOR SPENDING ECONOMIC IMPACTS (FY 22/23)
$7.9 MILLION
Total Economic Impact of the Living Desert Zoo and Gardens (FY 22/23)
$5.5 MILLION
Zoo Patron Spending In Indian Wells (FY 22/23)
$7.9M
Total
Economic
Impact
74 Total
Jobs
Generated
$1.2M
Total
State & Local
Tax Revenues
$2.7M LODGING ECONOMIC IMPACTS OF THE LIVING DESERT ZOO AND GARDENS IN INDIAN WELLS (FY 22/23)
DIRECT SPENDING
(FY 22/23)
$0.2M FOOD & BEVERAGE
$0.1M RETAIL
$1.8M ENTERTAINMENT
$0.7M LOCAL TRANSPORTATION
The Living Desert Zoo and Gardens generated significant economic impacts in Palm Desert as Zoo patrons spent
money at businesses and establishments in Palm Desert
during their trip to the Zoo, including local restaurants, retailers, and recreation/entertainment venues.
In FY 22/23, Zoo patrons spent $17.2 million in Palm
Desert, as outlined below.
ECONOMIC IMPACTS
The Living Desert Zoo and Gardens’ patron spending impact of $17.2 million generated a total economic impact of $24.9 million in the Palm Desert economy, which supported 235 part-time and full- time jobs and generated $3.6 million in state and local taxes in FY 22/23.
LIVING DESERT ZOO AND GARDENS IMPACTS: PALM DESERT
VISITOR SPENDING ECONOMIC IMPACTS (FY 22/23)
$24.9 MILLION
Total Economic Impact of the Living Desert Zoo and Gardens (FY 22/23)
$17.2 MILLION
Zoo Patron Spending In Palm Desert (FY 22/23)
$24.9M
Total
Economic
Impact
235
Total
Jobs
Generated
$3.6M
Total
State & Local
Tax Revenues
$6.2M LODGING ECONOMIC IMPACTS OF THE LIVING DESERT ZOO AND GARDENS IN PALM DESERT (FY 22/23)
DIRECT SPENDING
(FY 22/23)
$4.7M FOOD & BEVERAGE
$3.0M RETAIL
$2.0M ENTERTAINMENT
$1.4M LOCAL TRANSPORTATION Page 417 of 439
The Living Desert Zoo and Gardens generated significant economic impacts in Palm Springs as Zoo patrons spent
money at businesses and establishments in Palm Springs
during their trip to the Zoo, including local restaurants, retailers, and recreation/entertainment venues.
In FY 22/23, Zoo patrons spent $21.1 million in Palm
Springs, as outlined below.
ECONOMIC IMPACTS
The Living Desert Zoo and Gardens’ patron spending impact of $21.1 million generated a total economic impact of $30.9 million in the Palm Springs economy, which supported 292 part-time and full- time jobs and generated $5.0 million in state and local taxes in FY 22/23.
LIVING DESERT ZOO AND GARDENS IMPACTS: PALM SPRINGS
VISITOR SPENDING ECONOMIC IMPACTS (FY 22/23)
$30.9 MILLION
Total Economic Impact of the Living Desert Zoo and Gardens (FY 22/23)
$21.1 MILLION
Zoo Patron Spending In Palm Springs (FY 22/23)
$30.9M
Total
Economic
Impact
292
Total
Jobs
Generated
$5.0M
Total
State & Local
Tax Revenues
$11.7M LODGING ECONOMIC IMPACTS OF THE LIVING DESERT ZOO AND GARDENS IN PALM SPRINGS (FY 22/23)
DIRECT SPENDING
(FY 22/23)
$5.4M FOOD & BEVERAGE
$1.3M RETAIL
$1.7M LOCAL TRANSPORTATION
$1.1M ENTERTAINMENT Page 418 of 439
$3.8M FOOD & BEVERAGE
$0.5M LOCAL TRANSPORTATION
$0.9M ENTERTAINMENT
The Living Desert Zoo and Gardens generated significant economic impacts in La Quinta as Zoo patrons spent
money at businesses and establishments in La Quinta
during their trip to the Zoo, including local restaurants, retailers, and recreation/entertainment venues.
In FY 22/23, Zoo patrons spent $10.3 million in La
Quinta, as outlined below.
ECONOMIC IMPACTS
The Living Desert Zoo and Gardens’ patron spending impact of $10.3 million generated a total economic impact of $14.9 million in the La Quinta economy, which supported 140 part-time and full- time jobs and generated $2.2 million in state and local taxes in FY 22/23.
LIVING DESERT ZOO AND GARDENS IMPACTS: LA QUINTA
VISITOR SPENDING ECONOMIC IMPACTS (FY 22/23)
$14.9 MILLION
Total Economic Impact of the Living Desert Zoo and Gardens (FY 22/23)
$10.3 MILLION
Zoo Patron Spending In La Quinta (FY 22/23)
$14.9M
Total
Economic
Impact
140
Total
Jobs
Generated
$2.2M
Total
State & Local
Tax Revenues
$3.8M LODGING
ECONOMIC IMPACTS OF THE LIVING DESERT ZOO AND
GARDENS IN LA QUINTA (FY 22/23)
DIRECT SPENDING
(FY 22/23)
$1.2M RETAIL
$0.5M RETAIL
$0.8M LOCAL TRANSPORTATION
$2.4M ENTERTAINMENT
The Living Desert Zoo and Gardens generated significant economic impacts in Rancho Mirage as Zoo patrons spent
money at businesses and establishments in Rancho
Mirage during their trip to the Zoo, including local
restaurants, retailers, and recreation/entertainment
venues.
In FY 22/23, Zoo patrons spent $9.7 million in Rancho
Mirage, as outlined below.
ECONOMIC IMPACTS
The Living Desert Zoo and Gardens’ patron spending impact of $9.7 million generated a total economic impact of $14.0 million in the Rancho Mirage economy, which supported 132 part-time and full- time jobs and generated $2.0 million in state and local taxes in FY 22/23.
LIVING DESERT ZOO AND GARDENS IMPACTS: RANCHO MIRAGE
VISITOR SPENDING ECONOMIC IMPACTS (FY 22/23)
$14.0 MILLION
Total Economic Impact of the Living Desert Zoo and Gardens (FY 22/23)
$9.7 MILLION
Zoo Patron Spending In Rancho Mirage (FY 22/23)
$14.0M
Total
Economic
Impact
132
Total
Jobs
Generated
$2.0M
Total
State & Local
Tax Revenues
$3.5M LODGING ECONOMIC IMPACTS OF THE LIVING DESERT ZOO AND GARDENS IN RANCHO MIRAGE (FY 22/23)
DIRECT SPENDING
(FY 22/23)
$2.4M FOOD & BEVERAGE
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FYE 23 FYE 24 FYE 25 FYE 26 FYE 27 FYE 28 FYE 29 FYE 30 FYE 31 FYE 32 FYE 33 FYE 34 Yearly Attendance 6% Growth
Rate 600,000 636,000 674,160 714,610 757,486 802,935 851,111 902,178 956,309 1,013,687 1,074,509 1,138,979 Capture Rate 14.16% 14.16% 14.16% 14.16% 14.16% 14.16% 14.16% 14.16% 14.16% 14.16% Average Transaction (Net
After Taxes) 4% Inflation $26.69 $27.76 $28.87 $30.02 $31.22 $32.47 $33.77 $35.12 $36.53 $37.99 Potential F&B Revenue (Net
After Taxes) $2,547,856 $2,808,756 $3,096,373 $3,413,441 $3,762,978 $4,148,306 $4,573,093 $5,041,378 $5,557,615 $6,126,715 Evening Rental Events
(Weddings, Corporate,
Social, Gala) 150 Guests $1,350,000 $1,404,000 $1,460,160 $1,518,566 $1,579,309 $1,642,481 $1,708,181 $1,776,508 $1,847,568 $1,921,471 Facility Rental $250 per Guests
Catering 4% Inflation
Equipment& Décor Rental 36 Events /year
Total Revenue Projection $3,897,856 $4,212,756 $4,556,533 $4,932,008 $5,342,287 $5,790,788 $6,281,274 $6,817,886 $7,405,183 $8,048,186 Estimated Revenue
over first 10 years $57,284,754
Ten Year Estimate 1% 1% 1% 1% 1% 1% 1% 1% 1% 1%
Estimated Indian Wells Share
of Sales Tax 572,847.54$ 38,978.56$ 42,127.56$ 45,565.33$ 49,320.08$ 53,422.87$ 57,907.88$ 62,812.74$ 68,178.86$ 74,051.83$ 80,481.86$ Café/Marketplace Revenue
Estimates
Projections are
VERY
conservative.
T:\Kevin\Living Desert Zoo\Cafe Marketplace Revenue Estimates ATTACHMENT #3
RESOLUTION NO. 2023-38
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF INDIAN WELLS,
CALIFORNIA, ADOPTING A COMMUNITY ASSISTANCE FUNDING POLICY
AND RESCINDING PRIOR DISCRETIONARY FUNDING POLICIES
WHEREAS, the City Council of the City of Indian Wells recognizes the importance of a prudent long-term financial plan, as well as the value in providing financial assistance to organizations whose work benefits the City and the Coachella Valley; and WHEREAS, the City desires and intends to adopt a funding plan for community assistance expenditures consistent with a prudent long-term financial plan; and WHEREAS, the City desires and intends to amend the funding plan to make provisions for pledging monies.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF INDIAN WELLS, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The City Council hereby RESCINDS prior resolutions amending or approving the Community Assistance Policy, including Resolution No. 2022-40.
SECTION 2. The City Council hereby ADOPTS that specific Community Assistance Funding Policy set forth in Exhibit “A” attached hereto and incorporated herein by reference.
SECTION 3.This Resolution shall take effect upon adoption.
PASSED, APPROVED, AND ADOPTED by the City Council of the City of Indian Wells, California, at a regular meeting held on this 2nd day of November 2023. _________________________________
DONNA J.H. GRIFFITH
MAYOR
ATTACHMENT #4
City of Indian Wells
Resolution No. 2023-38
CERTIFICATION FOR RESOLUTION NO. 2023-38
I, Angelica Avila, City Clerk of the City Council of the City of Indian Wells, California, DO HEREBY CERTIFY that the whole number of the members of the City Council is five (5); that the above and foregoing Resolution was duly and regularly passed and adopted at a regular meeting of the City Council of the City of Indian Wells on this 2ndday of November 2023, by the following vote:
AYES: Griffith, Peabody, Reed, Sanders, Whitman NOES: None
ATTEST: APPROVED AS TO FORM:
_____________________________ _________________________________
ANGELICA AVILA TODD LEISHMAN
CITY CLERK CITY ATTORNEY
City of Indian Wells
Resolution No. 2023-38
EXHIBIT “A”
CITY OF INDIAN WELLS
COMMUNITY ASSISTANCE FUNDING POLICY
1. PURPOSE OF THIS POLICY
The Policy's purpose is to establish annual procedures and approvals associated with funding community assistance expenditures during the development of the City budget. In addition, the Policy sets defined processes to ensure the City's financial goals are maintained and opportunities for public input are available.
The City Council defines community assistance funding as optional expenditures that the City Council can disburse annually to financial aid-worthy non-profit organizations within the Coachella Valley that provide services that the City may not otherwise offer.
Budgetary approval is required for all community assistance funding. The City Council will publicly discuss community assistance funding at budgetary study sessions and council meetings during the review and adoption of the City budget. Public input is essential during these meetings.
2. COMMUNITY ASSISTANCE FUNDING
Community Assistance Funding for each new budget year shall be established as follows:
A. For each new budget year, the amount of the community assistance funding budget shall be established by calculating twenty-five percent (25%) of the prior year’s General Fund’s Net Change in Fund Balance (after all capital contributions) using year-end estimates established during the last quarter of each fiscal year.
B. Maximum funding shall not exceed $200,000 during each budget year.
C. Annual funding shall be split into two separate pools. The Grants-in-Aid program shall receive 80% of the available funding. The second pool shall operate at the sole discretion of the City Council and will receive the remaining 20% of the available funding.
D. The City has qualified its ability to meet its financial obligations under the current General Fund cash flow plan as approved and amended by the Finance Committee and consistent with the adoption of the City’s Annual Budget.
E. If funds are insufficient, the amount of community assistance funding shall be reduced or eliminated until all criteria have been met.
F. Budget Roll Forwards: Prior to the close of each fiscal year, the Finance Director shall roll forward any unexpended community assistance funds from either pool. For the avoidance of doubt, any unexpended community assistance funds shall “roll forward” into the next year’s budget, shall be available for spending, and shall be separate from the annual calculation establishing the annual Community Assistance Funding Program.
City of Indian Wells
Resolution No. 2023-38
3. EXTRAORDINARY FUNDING REQUESTS IN EXCESS OF $200,000 Extraordinary funding requests received by the City of more than $200,000 shall be considered separately from the policy requirements set forth above and shall be subject to the following criteria prior to City Council approval:
A. City staff shall request and require documentation in keeping with Community Assistance Grant Program Requirements. The Extraordinary Grants Committee will review the funding proposal as required for all Community Assistance Grants. The Committee shall make a written recommendation to the City Council of their findings.
B. A staff report summarizing the Committee’s recommendations shall be placed on the City Council agenda for consideration.
C. The Applicant shall have the opportunity to present to the Council when the item is scheduled for Council consideration.
D. If the City Council approves by a majority vote to move the item forward, a Community Involvement component will be required. The Applicant will oversee and direct the Community Involvement component at the Applicant’s own expense. This component shall include a program to inform the public about the long-range financial impact, share the funding proposal, and obtain feedback from the community. This will be accomplished through press releases, distributing informational materials pertinent to the proposal, public hearings, meetings, and surveys. The following steps must be taken and reviewed before a final decision by the City Council regarding the potential funding of a proposal exceeding $200,000:
i. The City will hold a minimum of one Public Hearing and Town Hall meeting to discuss the said proposal with the Applicant present. ii. A minimum of one written communication shall be sent via U.S. Postal Service to all Indian Wells residents to include summary information on the funding request, the budgetary impact to the City is funded, and the date, time, and location of Public Hearing and Town Hall meeting to accept community input on proposed funding. Each mailing shall be at the expense of the Applicant.
iii. The Applicant shall cause to be submitted to the media no less than one press release announcing the date, time, and location of the public hearing or meeting held to discuss and take testimony regarding the funding proposal.
iv. A Community-wide mail survey or cloud-based online civic engagement platform/poll shall be used to provide an additional vehicle to inform and provide community feedback as it relates to the funding proposal. Each poll shall be at the expense of the Applicant. A subsequent report on the poll results shall be provided to the City Council.
City of Indian Wells
Resolution No. 2023-38
v. The City Council shall be responsible for ensuring that legal and financial advice has been obtained and must consider whether the scope of the proposed funding request warrants further legal or financial advice from an independent source.
At such a time that all of the above community input methods have been completed, and considering the information obtained, the City Council shall determine the award of any such funding during a regularly scheduled City Council meeting.
INDIAN WELLS CITY COUNCIL
December 7, 2023
To: City Council
From: City Manager Department
Prepared by: Micaela Wilkey, Senior Management Analyst
Subject: Sponsorship for Desert International Horse Park
RECOMMENDED ACTIONS:
Council APPROVES Finance Committee Recommended Sponsorship for Desert International Horse Park.
DISCUSSION:
Desert International Horse Park (DIHP) reached out to staff seeking sponsorship. The attached sponsorship was presented to Staff for consideration. Staff presen ted the information to the Indian Wells Finance Committee for discussion with the Finance Committee recommending full sponsorship for $25,0000 for Council approval.
With nearly 1.6 million square feet of competition and riding space, the Desert International Horse Park is one of North America's most extensive equestrian facilities .
Offering 15 weeks of world-class competition from October through March, the facility is a destination location for thousands of equestrians, their horses, family, and friends for several months annually. Competitors from all over the world travel to Thermal, CA , not only to compete but also to enjoy everything the desert has to offer.
At Desert International Horse Park, they aspire to build the equestrian sport on the West Coast and ensure that West Coast athletes have an equal opportunity to enjoy the sport and achieve their aspirations, regardless of what those may be, at an internationally recognized horse park.
Click here for the promotional video link of Desert International Horse Park.
For FY 2023-24, DIHP has sponsorship with the City of La Quinta, La Quinta Resort is the host hotel, and they are currently finalizing a sponsorship with Visit Greater Palm Springs.
Sponsorship Benefits:
The proposed sponsorship agreement is a Silver Sponsorship . Many of the items they offer for Indian Wells would only be available with a Gold or higher -level sponsorship - the total value is linked to a $50-$100K sponsorship package. Indian Wells’ $25,000 sponsorship would provide the city with the following benefits for FY 2023-2024:
One (1) VIP table in our Hospitality Desert Circuit 2024 (Jan. – March) o Included as a sponsor benefit only for Gold Sponsors ($50,000 or higher) Value: $2,000 for a table of eight (8) (excludes food/beverages) VIP Viewing Event for up to fifty (50) guests during Desert Circuit 2024 o Included as a sponsor benefit only for Platinum Sponsors ($100,000 or higher)
Value: $5,000 (excludes food/beverages)
Six (6) Custom-branded signage in the Grand Prix Arena and Grass Field (3'x8' coroplast panels)
o Require payment at all levels of sponsorship, customarily. Value: 6 at $250 each, total value of $1,500
Up to Three (3) Full-Page Advertisements in all Prize Lists o Four (4) prize lists in total (three for hunter-jumpers; one for dressage) Value: $12,000 ($1,000 per ad per prize list - bulk pricing) One (1) Full-Page Advertisement for the Show Program (distributed to all VIPs, sponsors, special guests, etc.)
o Included as a sponsor benefit ONLY for Gold and Platinum Sponsors Value: $5,000 minimum
CIW-branded Materials in the VIP Pavilion
o Included as a sponsor benefit ONLY for Gold and Platinum Sponsors Value: $5,000 minimum
Right to Media
o Value: $1,500 to $5,000 depending on media requested
Social Media
o Value: Email, Social Media, PA Announcements, live streams, etc. They don’t have a value, but based on their social following and attendance, we estimate this to be around $20,000.
The confidentiality clause on page 5 will be removed since we must disclose our agreements.
FISCAL IMPACT:
The Finance Committee has proposed endorsing complete sponsorship in the amount of $25,000. Should the Council opt to allocate funds to the Desert International Horse Park, the financing will be derived from the City's General Fund. This u nanticipated funding request obliges the initiation of a supplemental appropriation. In accordance with the
Council's approved budget, a projected net profit of $1,061,210 is anticipated in the General Fund for the fiscal year. Moreover, it is pertinent to observe that year -to-date transient occupancy tax revenues have exceeded the year-to-date budgeted amount by $390,199 and have exceeded last year's year-to-date actuals by $ 253,354. Lastly, General Fund expenditures are aligning with the budgeted expectations.
ATTACHMENTS:
1. DIHP Sponsorship Agreement
D E S E R T I N T E R N A T I O N A L H O R S E P A R K Micaela Wilkey, Senior Management Analyst
City of Indian Wells (CIW)
SPONSORSHIP AGREEMENT
Particulars Contract Amount
This following sponsorship agreement (the "agreement") commences October 1, 2023 and expires April 1, 2024.
Between "ORGANIZER"
Desert International Horse Park (DIHP)
PO Box 5700 La Quinta, CA 92248
The "Organizer " has the exclusive right to organize and conduct competitions, which are to be held in Thermal, CA: and the " Sponsor " has determined to provide financial support for the Event in exchange for specified promotional rights to be provided by the Organizer from October 1, 2023, to April 1, 2024 (the "Term"). In consideration of the mutual agreements and promises contained herein, the parties hereto agree as follow:
Deliverables for SILVER Sponsorship:
SPONSORSHIP BENEFITS Quantity
One (1) VIP table in our
Hospitality Pavilion during one (1)
week of National Sunshine Series
2023 OR Desert Circuit 2024
1 Includes premium dining for eight (8)
guests in our beautiful ringside
pavilion during a major evening event
VIP Viewing Event for up to fifty
(50) guests during Desert Circuit
2024
1 Event to take place in conjunction with
a major specialty class running on our
grass competition field; includes
dedicated host to provide information
on the class, the horses and riders,
how points are determined, etc.;
opportunity to add food and
beverages services from our onsite
catering company for an additional fee
and "SPONSOR"
Steve Hankin, President/CEO
44-950 Eldorado Drive, Indian Wells, CA 92210-7497
ATTACHMENT #1
DESERT INTERNATIONAL HORSE PARK
SPONSORSHIP BENEFITS (CONT.) Quantity Details
Custom-branded signage in
the Grand Prix Arena and Grass
Field (3'x8' coroplast panels)
6 in total
Provided at no additional cost for
2023/2024 season
Full-Page Advertisements 3
Up to three (3) full-page, full-color ads
included in all prize lists for the
2023/2024 season
CIW-branded Materials in the
VIP Pavilion N/A
Opportunity to provide CIW materials
(brochures, guides, etc.) for VIP guests;
DIHP to replenish as needed
Dedicated Email Blasts 3
Dedicated emails distributed to DIHP
subscribers highlighting CIW-supported
events and initiatives
Social Media Posts 10
Dedicated social media posts
highlighting CIW-supported events and
initiatives
PA Announcements 2x
Daily
Twice-daily public address
announcements throughout the season
Commercial - Live Stream &
Video Scoreboards Daily
30-second commercial placement
during all live stream coverage and on
video scoreboards during the season
Logo Placement - Live Stream &
Video Scoreboards Daily
Logo included as part of live stream
coverage and shown on video
scoreboards during the season
DESERT INTERNATIONAL HORSE PARK
SPONSORSHIP BENEFITS (CONT.) Quantity Details
Right to Media TBD
DIHP will provide any relevant photos,
video, or other media to the CIW as
requested
Website/Sponsor Matrix 1
Logo displayed on DIHP website and
anywhere the DIHP sponsor matrix is
employed/published
Additional Notes/Comments
CIW to provide preferred pricing for DIHP-organized events at the Indian Wells Gold Resort during the term of the agreement
CIW to facilitate private booking of Shots in the Dark on Wednesday, November 29, 2023, for our Major League Show Jumping “draw party”
Approximately 75-100 DIHP-invited guests to be in attendance Admission fees, food and beverages to be paid for by DIHP CIW to assist DIHP with cross-promotional opportunities on the CIW website and/or other platforms
In consideration of the full performance by Organizer of all its obligations hereunder and of all rights granted hereunder to Sponsor, Sponsor shall pay to Organizer as follows:
Sponsorship Fee
$25,000 for the 23-24 Season
Sponsorship Payment due October 15, 2023.
ORGANIZER SIGNATURE
Steve Hankin, President/CEO
SPONSOR SIGNATURE
Micaela Wilkey, Senior Management Analyst
SIGNING DATE SIGNING DATEPage 433 of 439
DESERT INTERNATIONAL HORSE PARK
TERMS AND CONDITIONS
1.Non-Exclusivity.
Sponsor acknowledges and agrees that this Agreement, the Sponsorship Rights and any other rights granted to Sponsor hereunder are non-exclusive as to Sponsor’s line of business, products or services, or otherwise and that DIHP is entitled to enter into one or more sponsorship or other similar arrangements with other Persons.
2.Termination.
(a)Default. If either Party defaults in the performance of, or compliance with, any term or condition of this Agreement, the other Party may terminate this Agreement by written notice.
Termination of this Agreement shall be effective 30 days from the date of receipt of such notice, unless, within 30 days after receipt of such notice, the defaulting Party has corrected the default or if such default is capable of correction, has taken timely and reasonable steps to correct and will complete such correction within another 30 days.
(b)Insolvency or Bankruptcy. If either Party (i) becomes insolvent or is generally unable to pay, or fails to pay, its debts as they become due, (ii) files or has filed against it, a petition for voluntary or involuntary bankruptcy or otherwise becomes subject, voluntarily or involuntarily, to any proceeding under any domestic or foreign bankruptcy or insolvency law, (iii) seeks reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition, or other relief with respect to it or its debts, (iv) makes or seeks to make a general assignment for the benefit of its creditors, or (v) applies for or has a receiver, trustee, custodian, or similar agent appointed by order of any court of competent jurisdiction to take charge of or sell any material portion of its property or business, the other Party may terminate this Agreement immediately upon written notice.
(c)Discontinuance of Use of Marks. Upon expiration or termination of this Agreement, Sponsor shall immediately cease any new uses of all DIHP Marks, as well as any statements of association with DIHP or the Horse Park. Sponsor acknowledges that its failure to cease the use of the DIHP Marks at the termination or expiration of this Agreement will result in immediate and irreparable harm to DIHP and the Horse Park and to the rights of any subsequent sponsor. Sponsor agrees that in the event of such failure to cease such use, DIHP shall be entitled to equitable relief by way of temporary and permanent injunctions and such other and further relief as any court with jurisdiction may deem just and proper. Upon expiration or termination of this Agreement, DIHP and the Horse Park shall immediately cease any new uses of all Sponsor Marks. (d)Termination Is Without Prejudice to Terminating Party’s Rights. Any termination of this Agreement pursuant to this Section 6 shall be without prejudice to the terminating Party’s rights and remedies available at law or equity.
3. Intellectual Property.
(a) Ownership of Marks. Nothing herein contained shall be construed as an assignment or grant to:
(i) Sponsor of any right, title or interest in or to the DIHP Marks, or in or to any copyright, design patent or trademark thereto, beyond the grant of the licensing rights on the terms herein specified. Sponsor hereby agrees that its every use of the DIHP Marks shall inure to the benefit of DIHP and that Sponsor shall not at any time acquire any rights in the DIHP Marks by virtue of any use it may make of such marks.
(ii) DIHP of any right, title or interest in or to the Sponsor Marks, or in or to any copyright, design patent or trademark thereto, beyond the grant of the licensing rights on the terms herein specified. DIHP hereby agrees that its every use of the Sponsor Marks shall inure to the benefit of Sponsor, and DIHP shall not at any time acquire any rights in Sponsor Marks by virtue of any use DIHP may make of such marks.
(b) Use According to Specifications. Sponsor agrees to use the DIHP Marks only in accordance with DIHP’s specifications and guidelines as may be provided from time to time in writing. DIHP agrees to use the Sponsor Marks only in accordance with Sponsor’s specifications and guidelines as may be provided from time to time in writing.
(c) Approval of Use of DIHP Marks. Sponsor shall submit to DIHP all advertising or promotional materials related to this Agreement a minimum of ten days prior to the production of such materials for DIHP’s written approval.
(d) Name and Likeness. Sponsor acknowledges that this Agreement does not grant it any rights with respect to the name, likeness, or other attributes of any owner of DIHP, or any competitor, customer or other sponsor of DIHP or the Horse Park, or otherwise. (e) No Contests Without Approval. Unless otherwise indicated in this Agreement, Sponsor has no right to run contests, sweepstakes, or promotions in connection with the DIHP Marks or this Agreement or for the award of invitations, tickets or other benefits acquired by Sponsor under this Agreement. In the event DIHP grants Sponsor the right to run a contest, sweepstakes or promotion, Sponsor shall comply with all applicable federal, state and local laws, rules, regulations or orders applicable to any such activities and hereby indemnifies the DIHP Indemnitees from any failure to so comply.
4. Confidentiality.
The Parties shall each keep confidential all provisions of this Agreement and (unless required by law or judicial process after making reasonable efforts to resist disclosure, including without limitation the requirements of any securities exchange), shall not disclose any of same to any third party (other than such Party’s respective lenders or potential lenders, and the agents, counsel, and advisors of such Party) without first obtaining the prior written consent of the other Party.
DESERT INTERNATIONAL HORSE PARK
DESERT INTERNATIONAL HORSE PARK
5. Representations and Warranties of the Parties.
(a) Representations and Warranties of DIHP. DIHP represents and warrants to Sponsor that (i) DIHP is duly organized, validly existing, and in good standing in the jurisdiction of its formation, (ii) DIHP has the full right, power, and authority to enter into this Agreement and to perform its obligations under this Agreement, (iii) the execution of this Agreement has been duly authorized by all necessary action on the part of DIHP, (iv) when executed and delivered by each of DIHP and Sponsor, this Agreement will constitute the legal, valid, and binding obligation of DIHP, enforceable against DIHP in accordance with its terms, except as may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws and equitable principles related to or affecting creditors’ rights generally or the effect of general principles of equity, and (v) DIHP or its Affiliates own or otherwise have sufficient rights in and to the DIHP Marks to grant the rights and licenses granted herein.
(b) Representations and Warranties of Sponsor. Sponsor represents and warrants to DIHP that (i) Sponsor is duly organized, validly existing, and in good standing in the jurisdiction of its formation, (ii) Sponsor has the full right, power, and authority to enter into this Agreement and to perform its obligations under this Agreement, (iii) the execution of this Agreement has been duly authorized by all necessary action on the part of Sponsor, (iv) when executed and delivered by each of Sponsor and DIHP, this Agreement will constitute the legal, valid, and binding obligation of Sponsor, enforceable against Sponsor in accordance with its terms, except as may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws and equitable principles related to or affecting creditors’ rights generally or the effect of general principles of equity, and (v) Sponsor owns or otherwise have sufficient rights in and to the Sponsor Marks to grant the rights and licenses granted herein.
6. Indemnification and Insurance.
(a) Indemnification by Sponsor. Sponsor hereby agrees to and does (i) waive any and all suits, actions, claims, losses, demands, damages, liabilities, costs and reasonable expenses, including court costs and reasonable attorneys’ fees (collectively, “Claims”), Sponsor may have now or in the future against DIHP and its Affiliates and each of their respective officers, directors, managers, members, stockholders, partners, employees, Affiliates, agents, insurers, and assigns (collectively, the “DIHP Indemnitees” and each, a “DIHP Indemnitee”) for damage to or destruction of Sponsor’s property, excepting only claims caused by the gross negligence or willful misconduct of a DIHP Indemnitee, (ii) fully compensate the DIHP Indemnitees for damage to or destruction of their tangible property caused by, resulting from, or arising out of Sponsor’s, or its employees’, invitees’, guests’, or agents’ negligence or willful misconduct under this Agreement, (iii) defend, indemnify, protect and hold the DIHP Indemnitees harmless from and against any and all claims by Sponsor’s officers, directors, employees, insurers, invitees, and agents for any personal injury or death or any property damage, regardless of how caused, including claims caused in whole or in part by the act, omission or negligence of any DIHP Indemnitee, excepting with respect to any DIHP Indemnitee only claims caused by the gross negligence or willful misconduct of such DIHP Indemnitee, to the extent of such gross negligence or willful misconduct, (iv) defend, indemnify, protect and hold harmless the DIHP Indemnitees against Sponsor’s breach of any provision of this Agreement or any representation or warranty made by it herein, and
DESERT INTERNATIONAL HORSE PARK
(v) defend, indemnify, protect and hold harmless the DIHP Indemnitees against any and all Claims by third parties, including, without limitation, all costs, liabilities, judgments, expenses, damages and reasonable attorneys’ fees, arising out of or in connection with (A) any breach by Sponsor of any provision of this Agreement or any representation or warranty made by it herein, (B) the use of the Sponsor Marks displayed in any advertising materials or in the Horse Park, and (C) any negligence or willful misconduct of Sponsor, its employees, servants and agents hereunder or in respect hereto.
(b)Indemnification by DIHP. DIHP hereby agrees to (i) defend, indemnify, protect and hold harmless Sponsor against DIHP’s breach of any provision of this Agreement or any representation or warranty made by it herein, and (ii) defend, indemnify, protect and hold harmless the Sponsor against any and all Claims by third parties, including, without limitation, all costs, liabilities, judgments, expenses, damages and reasonable attorneys’ fees, arising out of or in connection with the use of the DIHP Marks as permitted under this Agreement. (c)Limitations on Damages. DIHP shall not be liable under or in connection with this Agreement, for any indirect, consequential, incidental, special, punitive or exemplary damages, any lost revenue, sales, profits, opportunity or goodwill, regardless of the basis of the claim. In no event shall DIHP’s aggregate liability under or in connection with this Agreement exceed the aggregate Sponsorship Fee paid to DIHP by Sponsor in the six-month period immediately preceding the events giving rise to the claim. (d)Insurance. During the Term, Sponsor shall maintain insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually carried by companies engaged in similar businesses as Sponsor.
7.Arbitration.
Any dispute arising under or relating to this Agreement shall be resolved exclusively by arbitration under the Commercial Arbitration Rules of the American Arbitration Association, with the venue of any such arbitration proceeding to be in Los Angeles, California or such other location as maybe agreed by the Parties. The arbitrator for any dispute shall be selected according to the Commercial Arbitration Rules of the American Arbitration Association. The award rendered by the arbitrator shall be final, shall identify a prevailing Party, and judgment may be entered upon the award in accordance with applicable law in any court having jurisdiction thereof. The fees and expenses of the arbitrators shall be paid by the non-prevailing Party. In addition, the prevailing Party’s reasonable attorneys’ fees and costs shall be paid by the non- prevailing Party.
8.Miscellaneous Provisions.
(a)Entire Agreement. This Agreement, including the Schedules attached hereto, constitute the sole and entire agreement of the Parties with respect to the subject matter contained herein and therein, and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, regarding such subject matter. (b)Governing Law. This Agreement shall be construed in accordance with and governed by the law of the State of California (without regard to the choice of law provisions thereof).
DESERT INTERNATIONAL HORSE PARK
(c)Notices. All notices, requests, demands, claims, and other communications hereunder shall be in writing. Any notice, request, demand, claim, or other communication hereunder shall be deemed duly given (i) when delivered personally to the recipient, (ii) one Business Day after being sent to the recipient by nationally-recognized overnight courier service (charges prepaid), (iii) upon delivery confirmation after being sent to the recipient by facsimile transmission, (iv) by electronic mail (including the delivery of documents in PDF format), upon acknowledgement by the recipient of receipt of such notice, or (v) four Business Days after being mailed to the recipient by certified or registered mail, return receipt requested and postage prepaid, and addressed to the intended recipient as set forth below:
If to DIHP, to:
Coachella Horse Park LLC
P.O. Box 5700
La Quinta, CA 92248-5700
Attention: Steve Hankin, President & CEO
Email: [email protected]
with a copy (which shall not constitute hereunder) to:
Coviello Weber & Dahill LLP
707 Westchester Avenue, Suite 300
White Plains, NY 10604
Attention: Paul R. Weber, Esq.
Email: [email protected]
If to Sponsor, to:
City of Indian Wells
44-950 Eldorado Drive
Indian Wells, CA 92210-7497
Attention: Micaela Wilkey
[email protected]
(d)Assignment. Sponsor may not assign, sell, transfer, pledge or exchange this Agreement or its rights or obligations hereunder by operation of law or otherwise without the prior written consent of DIHP, which consent shall be granted or withheld in DIHP’s sole discretion. DIHP may not assign, sell, transfer, pledge or exchange this Agreement or its rights or obligations hereunder by operation of law or otherwise without the prior written consent of Sponsor, which consent shall be granted or withheld in Sponsor’s sole discretion; provided that, DIHP may freely assign, sell, transfer, pledge or exchange this Agreement or its rights or obligations hereunder (i) as collateral security for financing arrangements, (ii) to any Affiliate or successor entity, or (iii) in connection with a Sale of DIHP. This Agreement and all of the terms and provisions hereof will be binding upon and will inure to the benefit of the Parties hereto and their respective successors and permitted assigns, upon proper assignment where required.
DESERT INTERNATIONAL HORSE PARK
(e)Force Majeure. DIHP shall not be liable or responsible to Sponsor, nor be deemed to have defaulted under or breached this Agreement, for any failure or delay in fulfilling or performing any term of this Agreement, when and to the extent such failure or delay is caused by or results from acts beyond DIHP’s reasonable control, including, without limitation: (i) acts of God, (ii) flood, fire, earthquake, or explosion, (iii) war, invasion, hostilities (whether war is declared or not), terrorist threats or acts, riot, or other civil unrest, (iv) government order or law, including executive orders. (v) actions, embargoes, or blockades in effect on or after the date of this Agreement, (vi) action by any Governmental Authority, (vii) national or regional emergency, (viii) epidemic, pandemic, viral or communicable disease outbreak (including COVID-19 (coronavirus)), whether human or animal, (ix) quarantines, (x) strikes, labor stoppages or slowdowns, or other industrial disturbances, (xi) shortage of adequate power or transportation facilities, (xii) lack of or inability to obtain fuel, power, components, or materials, (xiii) disruption of supply chains, or (xiv) other similar causes beyond DIHP’s control (each, a “Force Majeure Event”). DIHP shall provide notice within ten days of the Force Majeure Event to Sponsor. A Force Majeure Event shall not entitle Sponsor to terminate this Agreement or to any damages under this Agreement; provided that, Sponsor shall receive a pro-rated refund of any amounts paid by Sponsor to DIHP under this Agreement based on the total number of days of the Shows that Sponsor could not participate in due to such Force Majeure Event.
(f)Liability Waivers. Sponsor acknowledges and understands that all visitors to the Horse Park, including Sponsor’s employees or guests, are required to obtain credentials through DIHP and sign DIHP’s standard forms of liability waivers.
THANK YOU FOR YOURSUPPORT THIS SEASON!